LIBRARY
ROOM 5025
NOV 21 1960
LIBRARY ROOM 5030
JUN 2, 3 1972
TREASURY DEPARTMENT
TREASURY DEPARTMENT
FISCAL SERVICE, BUREAU OF ACCOUNTS
OFFICE OF THE COMMISSIONER
WASHINGTON 25, D.C.
OFFICIAL BUSINESS
TREASURY BULLETIN
LIBRARY
RCO 5
APR 26 1960
TREASURY DEPARTMENT
APRIL - 1960
UNITED STATES TREASURY DEPARTMENT
OFFICE OF THE SECRETARY
The Treasury Bulletin is for sale by the Superintendent of Documents, U. S. Government Printing Office, Washington 25, D. C. Subscription per year $6.00 domestic, $7.50 foreign. Single copy price varies
April 1960
Table of Contents
<table><tr><th>Page</th><th>Page</th></tr><tr><td>Treasury financing operations</td><td>A-1</td></tr><tr><td>Summary of Federal fiscal operations</td><td>1</td></tr><tr><td>Budget receipts and expenditures</td><td>2</td></tr><tr><td>Trust account and other transactions</td><td>8</td></tr><tr><td>Cash income and outgo</td><td>12</td></tr><tr><td>Account of the Treasurer of the United States</td><td>18</td></tr><tr><td>Debt outstanding</td><td>20</td></tr><tr><td>Statutory debt limitation</td><td>24</td></tr><tr><td>Public debt operations</td><td>25</td></tr><tr><td>United States savings bonds</td><td>42</td></tr><tr><td>Ownership of Federal securities</td><td>46</td></tr><tr><td>Treasury survey of ownership of Federal securities</td><td>48</td></tr><tr><td>Market quotations on Treasury securities</td><td>52</td></tr><tr><td>Average yields of long-term bonds</td><td>55</td></tr><tr><td>Internal revenue collections</td><td>57</td></tr><tr><td>Monetary statistics</td><td>59</td></tr><tr><td>Capital movements</td><td>63</td></tr><tr><td>Corporations and certain other business-type activities - statements of financial condition</td><td>74</td></tr><tr><td>Cumulative table of contents</td><td>105</td></tr></table>
Note: Where calculations have been made from unrounded figures, the details may not check to the totals shown.
II
Treasury Bulletin
Reporting Bases
11
Data on receipts, expenditures, and debt which appear in the "Treasury Bulletin" are based largely on two Treasury financial reports, the "Daily Statement of the United States Treasury" and the "Monthly Statement of Receipts and Expenditures of the United States Government." Certain monetary statistics are based at least in part on the "Circulation Statement of United States Money." Where these statements are given as sources for individual tables, they are cited by name only. Their respective reporting bases are described below. For other data in the Bulletin, information on sources or reporting bases is given in connection with the tables themselves.
The monthly statement of receipts and expenditures was first published for February 1954, and replaced the daily statement as the primary source of information on budget results and other receipt and expenditure data classified by type of account. At the same time, the daily statement was changed to a statement of cash deposits and withdrawals affecting the account of the Treasurer of the United States. Both publications have provided comparative figures on their respective bases from the beginning of the fiscal year 1953. The announcement of February 17, 1954, with respect to these reporting changes may be found in the April 1954 issue of the Bulletin.
The monthly statement shows all receipts and expenditures of the Government, including those made from cash accounts held outside the United States Treasury. The information is compiled from reports by the Treasurer of the United States and by all other collecting and disbursing agencies, including those agencies which maintain checking accounts in commercial banks. These reports cover transactions recorded in the accounts of the agencies during the reporting period. The net of the transactions as compiled from these reports is reconciled in the monthly statement to changes in the balance in the Treasurer's account and in cash held outside the Treasurer's account and changes in the public debt outstanding.
Receipts of taxes and customs duties are reported on a collections basis. Other receipts are reported partially on a collections basis and partially on a deposits basis. Expenditures, except interest on the public debt, are reported on the basis of checks issued or cash payments made by disbursing officers. Transactions of an interfund or intragovernmental nature are included on the same basis even though the actual issuance of checks may not be involved. Interest on the public debt is included on an accrual basis beginning with figures for June 1955 and the fiscal year 1955. Prior to that, it was included on a due and payable basis. The same reporting basis as that in the monthly statement provides the fiscal year figures for the Treasury's "Combined Statement of Receipts, Expenditures and Balances of the United States Government" and for actual receipts and expenditures in the "Budget of the United States Government."
The daily statement on the new basis was first issued for February 17, 1956. In the deposits and withdrawals as shown, no distinction is made as to the type of accounts (budget, trust, etc.). The deposits are on the basis of certificates of deposit cleared through the account of the Treasurer of the United States. Total withdrawals are on the basis of checks paid or cash disbursements made out of the Treasurer's account. Some of the withdrawal classifications shown are reported on the basis of mailed reports of checks issued and are adjusted by means of clearing accounts to the total of checks paid. Except for relatively minor amounts, noncash interfund and other intragovernmental transactions are excluded. The public debt figures in the daily statement also are on a "clearance" basis, with the exception of those issuance and retirement transactions reported on the basis of telegrams from Federal Reserve Banks. Noncash debt transactions are included, however.
The daily statement before February 17, 1954, covered not only transactions cleared through the Treasurer's account but also certain Government agency transactions which were handled through commercial bank accounts, and included noncash interfund and other intragovernmental transactions. It provided information similar to that in the present daily statement with respect to the status of the Treasurer's account, and similar to that in the present end-of-month daily statement with respect to debt issuance, retirement, and amount outstanding. Receipts and expenditures, however, were classified by type of account, and the budget results shown in the daily statement were used as the basis for reflecting the results under the President's budget program as enacted by the Congress.
Receipts were on the basis of deposits as they cleared the Treasurer's account. Expenditures cleared through the Treasurer's account were reported on two successive bases. Through 1946 the basis was on the basis of checks paid by the Treasurer of the United States. Beginning with 1947, expenditures made through the facilities of the Treasury Department's Division of Disbursement were on the basis of checks issued, while certain others, principally those of the Department of Defence and its predecessor organizations, were on the basis of checks paid. Transactions handled through commercial bank accounts, consisting of market transactions in public debt and guaranteed securities, were not reported by the agencies. Interest on the public debt was included on a due and payable basis beginning with November 1949 and on a checks-paid basis prior to that time.
The circulation statement reflects transactions through the Treasurer's account which affect monetary stocks of gold and silver and the amounts of coin and currency in the money supply of the country. It is issued later than the daily statement, however, and the figures are based on transactions consummated during the reporting period even though some may not have cleared the Treasurer's account during that period.
April 1960
A-1
Treasury Financing Operations
April Financing
A cash offering to borrow $2-1/2 billion, or thereabouts, was announced by the Treasury Department on March 31, to cover its estimated requirements for the balance of the fiscal year 1960. The offering consisted of two securities, as follows:
1-1/4% Treasury bonds of 1975-85 to be dated April 5, 1960, and to mature May 15, 1985, callable at the option of the United States on any interest date on and after May 15, 1975. The amount of the bonds offered for public subscription was up to $1,500 million, or thereabouts;
4% Treasury notes of Series E-1962 to be dated April 14, 1960, and to mature May 15, 1962. The amount of the notes offered for public subscription was $2,000 million, or thereabouts.
In addition to the amount offered for public subscription, the Secretary of the Treasury reserved the right to allot up to $100 million each of the bonds and notes to Government investment accounts. The announcement stated also that to the extent that the amount of the public subscriptions to the bonds, when added to the amount of the notes issued, exceeded $2-1/2 billion in the aggregate, the excess would be used to reduce the amounts of weekly issues of 91-day Treasury bills in the weeks ahead.
At the same time it was announced that the Treasury would issue on April 15, 1960, $2 billion, or thereabouts, of 1-year Treasury bills, the proceeds of which would be used to redeem $2 billion of quarterly Treasury bills maturing on that date.
The subscription books for the bonds and notes were open only on April 4 and April 5. The Treasury bills were sold at auction on April 12.
Any commercial bank qualified as a depository was permitted to make payment for the new bonds allotted to itself and its customers by credit in its Treasury tax and loan account up to the amount for which it was qualified in excess of existing deposits. For the new notes payment by credit in the bank's Treasury tax and loan account was limited to 75 percent of the amount of notes allotted to itself and its customers.
Allotments on subscriptions to the bonds totaled about $470 million, including $100 million allotted to Government investment accounts. Subscriptions received from savings-type investors totaled $166 million; from commercial banks for their own account, $87 million; and from all others $96 million. All subscriptions to the bonds were allotted in full.
Savings-type investors were permitted to defer payment for part of the bonds allotted. Not less than 40 percent must have been paid by April 14,
1960, not less than 70 percent by May 15, 1960 and payments must have been completed by June 15, 1960. All payments made subsequent to April 5, 1960, were required to be accompanied by accrued interest from that date, at the rate of $0.12 per $1,000 per day.
Investors classified as savings-type for the allotments were as follows:
Pension and retirement funds, public and private
Common trust funds under regulation F of the Board of Governors of the Federal Reserve System
Insurance companies Mutual savings banks Fraternal benefit associations and labor unions' insurance funds
Savings and loan associations
Credit unions
Other savings organizations (not including commercial banks)
States, political subdivisions or instrumentalities thereof, and public funds
Where subscribers in this group (except States, political subdivisions or instrumentalities thereof, and public pension and retirement and other public funds) elected to pay for such bonds in installments, delivery of 5 percent of the total par amount allotted will be withheld until payment for the total amount allotted has been completed.
Subscriptions for the bonds from commercial banks for their own account were received without deposit but were restricted in each case to an amount not exceeding 4 percent of the combined amount of time certificates of deposit (but only those issued in the names of individuals, and of corporations, associations, and other organizations not operated for profit), and of savings deposits, or 10 percent of the combined capital, surplus and undivided profits of the subscribing bank, whichever was greater. Subscriptions from States, political subdivisions or instrumentalities thereof, and public pension and retirement and other public funds also were received without deposit. Subscriptions for the notes from commercial banks were restricted to an amount not exceeding 50 percent of the combined capital, surplus and undivided profits of the subscribing bank. From all others payment of 20 percent of the amount of the bonds applied for, and a payment of 2 percent of the amount of the notes applied for, not subject to withdrawal until after allotment, were required.
Allotments on subscriptions to the notes totaled $2,211 million, including $27 million allotted to Government investment accounts. Subscriptions in excess of $100,000 were allotted 30 percent, those for $100,000 or less were allotted in full, and
A-2
Treasury Bulletin
Treasury Financing Operations - (Continued)
those for more than $100,000 were allotted not less than $100,000. Commercial banks submitted subscriptions for their own account totaling $5,029 million. All other subscriptions totaled $1,686 million.
Commercial banks and other lenders were requested to refrain from making unsecured loans, or loans collateralized in whole or in part by the bonds or notes subscribed for, to cover the deposits required to be paid when subscriptions were entered, and banks were required to make the usual certification to that effect.
All subscribers to the bonds and notes were required to agree not to purchase or to sell, or to make any agreements with respect to the purchase or sale or other disposition of the securities subscribed for under this offering, until after midnight, April 5.
The new bonds are dated and bear interest from April 5, 1960. Interest at the rate of 4-1/4 per cent per annum is payable on a semiannual basis on November 15, 1960, and thereafter on May 15 and November 15 in each year until the principal amount becomes payable. The bonds will mature May 15, 1985, but may be redeemed at the option of the United States on and after May 15, 1975, in whole or in part, at par and accrued interest on any interest day or days, on four months' notice of redemption given by the Secretary of the Treasury. Interest on bonds called for redemption will cease from the date of redemption designated in any such notice. Bearer bonds, with interest coupons attached, and bonds registered as to principal and interest were issued in denominations of $500, $1,000, $5,000, $10,000, $100,000, and $1,000,000.
The new notes are dated and bear interest from April 14, 1960. Interest at the rate of 4 percent per annum is payable on a semiannual basis on November 15, 1960, and thereafter on May 15 and November 15 in each year until the principal amount becomes payable. The notes mature May 15, 1962, and will not be subject to call for redemption prior to maturity. Bearer notes, with interest coupons attached, and notes registered as to principal and interest were issued in denominations of $1,000, $5,000, $10,000, $100,000, $1,000,000, $100,000,000, and $500,000,000.
Weekly Bills Refunded
Issues of regular weekly Treasury bills during March totaled $7.8 billion, the equivalent of the 13-week and 26-week bills maturing. The five issues of 13-week bills amounted to $5.8 billion and the five 26-week issues to $2.0 billion. The new 13-week issues for March 3 and March 31 were for $1.1 billion each, and the other three issues were for $1.2 billion each. The five new 26-week issues were for $0.4 billion each. Average rates of discount on the new bills follow:
<table><tr><th colspan="3">13-week (Additional amount of bills of original maturity of 26 weeks)</th><th colspan="2">26-week</th></tr><tr><th colspan="2">Date of -</th><th>Approximate equivalent annual average rate</th><th>Date of issue</th><th>Approximate equivalent annual average rate</th></tr><tr><th>Additional issue</th><th>Original issue</th><th></th><th></th><th></th></tr><tr><td>Mar. 3</td><td>Dec. 3</td><td>4.277%</td><td>Mar. 3</td><td>4.458%</td></tr><tr><td>10</td><td>10</td><td>3.641</td><td>10</td><td>4.024</td></tr><tr><td>17</td><td>17</td><td>3.450</td><td>17</td><td>3.619</td></tr><tr><td>24</td><td>24</td><td>3.033</td><td>24</td><td>3.176</td></tr><tr><td>31</td><td>31</td><td>2.792</td><td>31</td><td>3.187</td></tr></table>
Note: Details of Treasury market financing operations are shown elsewhere in this issue of the Bulletin in the tables on public debt operations.
1
April 1960
SUMMARY OF FEDERAL FISCAL OPERATIONS
(In millions of dollars)
<table><tr><th>Period</th><th>Net receipts 1/2/</th><th>Expenditures 2/</th><th>Surplus, or deficit (-) 2/</th><th>Net of trust account and other transactions 2/ 3/</th><th>Clearing account, etc. 4/</th><th>Net increase in public debt, or decrease (-)</th><th>Net increase in Treasurer's account balance, or decrease (-)</th><th>Treasurer's account balance</th><th>Levels, end of period</th><th>Debt outstanding</th><th>Subject to limitation 5/</th></tr><tr><th>Fiscal years:</th><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><th>Public debt</th><th>Guaranteed securities</th><th>Total Federal securities</th><th></th></tr><tr><td>1948</td><td>41,488</td><td>33,069</td><td>8,419</td><td>-296</td><td>-507</td><td>-5,994</td><td>1,624</td><td>4,922</td><td>252,292</td><td>73</td><td>252,366</td><td>251,542</td></tr><tr><td>1949</td><td>37,696</td><td>39,507</td><td>-1,811</td><td>-495</td><td>366</td><td>478</td><td>-1,462</td><td>3,470</td><td>252,770</td><td>27</td><td>252,798</td><td>252,028</td></tr><tr><td>1950</td><td>36,495</td><td>39,617</td><td>-3,122</td><td>99</td><td>483</td><td>4,587</td><td>2,047</td><td>5,517</td><td>257,357</td><td>20</td><td>257,377</td><td>256,652</td></tr><tr><td>1951</td><td>47,568</td><td>44,058</td><td>3,510</td><td>679</td><td>-214</td><td>-2,135</td><td>1,839</td><td>7,357</td><td>255,222</td><td>29</td><td>255,251</td><td>254,567</td></tr><tr><td>1952</td><td>61,391</td><td>65,408</td><td>-4,017</td><td>147</td><td>-401</td><td>3,883</td><td>-388</td><td>6,969</td><td>259,105</td><td>46</td><td>259,151</td><td>258,507</td></tr><tr><td>1953</td><td>64,825</td><td>74,274</td><td>-9,449</td><td>435</td><td>-250</td><td>6,966</td><td>-2,299</td><td>4,670</td><td>266,071</td><td>52</td><td>266,129</td><td>265,522</td></tr><tr><td>1954</td><td>64,655</td><td>67,772</td><td>-3,117</td><td>328</td><td>-303</td><td>5,189</td><td>2,096</td><td>6,766</td><td>271,260</td><td>81</td><td>271,341</td><td>270,790</td></tr><tr><td>1955</td><td>60,390</td><td>64,570</td><td>-4,180</td><td>231</td><td>284</td><td>3,115</td><td>-551</td><td>6,216</td><td>274,374</td><td>44</td><td>274,418</td><td>273,915</td></tr><tr><td>1956</td><td>68,165</td><td>66,540</td><td>1,626</td><td>-194</td><td>522</td><td>-1,623</td><td>331</td><td>6,546</td><td>272,751</td><td>74</td><td>272,825</td><td>272,361</td></tr><tr><td>1957</td><td>71,029</td><td>69,433</td><td>1,596</td><td>195</td><td>-523</td><td>-2,224</td><td>-956</td><td>5,590</td><td>270,527</td><td>107</td><td>270,634</td><td>270,188</td></tr><tr><td>1958</td><td>69,117</td><td>71,936</td><td>-2,819</td><td>633</td><td>530</td><td>5,816</td><td>4,159</td><td>9,749</td><td>276,343</td><td>101</td><td>276,444</td><td>276,033</td></tr><tr><td>1959</td><td>68,270</td><td>80,697</td><td>-12,427</td><td>-329</td><td>-6</td><td>8,363</td><td>-4,399</td><td>5,350</td><td>284,706</td><td>111</td><td>284,817</td><td>284,398</td></tr><tr><td>1960 (Est.)</td><td>78,600</td><td>78,383</td><td>217</td><td>-198</td><td>187</td><td>-206</td><td>-</td><td>5,350</td><td>284,500</td><td>116</td><td>284,616</td><td>284,216</td></tr><tr><td>1961 (Est.)</td><td>84,000</td><td>79,816</td><td>4,184</td><td>221</td><td>95</td><td>-4,100</td><td>-</td><td>5,350</td><td>280,000</td><td>107</td><td>280,107</td><td>279,757</td></tr><tr><th>Calendar years:</th><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1948</td><td>40,864</td><td>35,623</td><td>5,241</td><td>-229</td><td>199</td><td>-4,100</td><td>1,111</td><td>4,208</td><td>252,800</td><td>55</td><td>252,854</td><td>252,057</td></tr><tr><td>1949</td><td>37,514</td><td>43,106</td><td>-5,592</td><td>-502</td><td>234</td><td>4,331</td><td>471</td><td>4,679</td><td>257,130</td><td>30</td><td>257,160</td><td>256,413</td></tr><tr><td>1950</td><td>37,306</td><td>37,728</td><td>-4,422</td><td>311</td><td>87</td><td>-4,23</td><td>-447</td><td>4,232</td><td>256,708</td><td>24</td><td>256,731</td><td>256,026</td></tr><tr><td>1951</td><td>52,979</td><td>56,337</td><td>-3,358</td><td>815</td><td>-106</td><td>2,711</td><td>62</td><td>4,295</td><td>259,419</td><td>42</td><td>259,461</td><td>258,794</td></tr><tr><td>1952</td><td>64,840</td><td>70,682</td><td>-5,842</td><td>-41</td><td>-319</td><td>7,973</td><td>1,770</td><td>6,064</td><td>267,391</td><td>54</td><td>267,445</td><td>266,821</td></tr><tr><td>1953</td><td>63,821</td><td>72,997</td><td>-9,157</td><td>101</td><td>-209</td><td>7,777</td><td>-1,488</td><td>4,577</td><td>275,168</td><td>76</td><td>275,244</td><td>274,671</td></tr><tr><td>1954</td><td>61,171</td><td>64,854</td><td>-3,658</td><td>799</td><td>-34</td><td>3,1582</td><td>603</td><td>5,180</td><td>278,750</td><td>34</td><td>278,784</td><td>278,256</td></tr><tr><td>1955</td><td>63,358</td><td>66,129</td><td>-2,771</td><td>-259</td><td>376</td><td>2,019</td><td>-635</td><td>4,545</td><td>280,769</td><td>53</td><td>280,822</td><td>280,348</td></tr><tr><td>1956</td><td>70,994</td><td>67,216</td><td>3,779</td><td>267</td><td>-21</td><td>-4,111</td><td>-117</td><td>4,427</td><td>276,628</td><td>103</td><td>276,731</td><td>276,276</td></tr><tr><td>1957</td><td>72,284</td><td>71,692</td><td>592</td><td>1,992</td><td>224</td><td>-1,730</td><td>179</td><td>4,606</td><td>274,898</td><td>104</td><td>275,002</td><td>274,564</td></tr><tr><td>1958</td><td>68,694</td><td>75,782</td><td>-7,088</td><td>-691</td><td>109</td><td>8,025</td><td>355</td><td>4,961</td><td>282,922</td><td>109</td><td>283,031</td><td>282,607</td></tr><tr><td>1959</td><td>73,282</td><td>80,322</td><td>-7,040</td><td>23</td><td>-297</td><td>7,875</td><td>622</td><td>5,583</td><td>290,798</td><td>127</td><td>290,925</td><td>290,513</td></tr><tr><th>Months:</th><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1958-Jan.</td><td>2,786</td><td>6,011</td><td>-1,225</td><td>-65</td><td>533</td><td>-343</td><td>-1,101</td><td>3,505</td><td>274,555</td><td>101</td><td>274,656</td><td>274,219</td></tr><tr><td>Feb.</td><td>6,299</td><td>5,528</td><td>771</td><td>338</td><td>-344</td><td>124</td><td>888</td><td>4,394</td><td>274,679</td><td>103</td><td>274,782</td><td>274,346</td></tr><tr><td>March.</td><td>9,501</td><td>5,749</td><td>3,753</td><td>-273</td><td>257</td><td>-2,055</td><td>1,682</td><td>6,076</td><td>272,624</td><td>104</td><td>272,728</td><td>272,294</td></tr><tr><td>April.</td><td>3,496</td><td>6,122</td><td>-2,626</td><td>-13</td><td>617</td><td>2,433</td><td>412</td><td>6,487</td><td>275,057</td><td>94</td><td>275,151</td><td>274,718</td></tr><tr><td>May.</td><td>4,925</td><td>5,846</td><td>-920</td><td>137</td><td>-169</td><td>595</td><td>-357</td><td>6,130</td><td>275,653</td><td>97</td><td>275,719</td><td>275,317</td></tr><tr><td>June.</td><td>10,785</td><td>6,621</td><td>4,164</td><td>-553</td><td>-682</td><td>691</td><td>3,619</td><td>9,749</td><td>275,343</td><td>101</td><td>275,444</td><td>276,013</td></tr><tr><td>July.</td><td>2,946</td><td>6,613</td><td>-3,667</td><td>-376</td><td>290</td><td>-877</td><td>-630</td><td>5,119</td><td>275,466</td><td>102</td><td>275,568</td><td>275,139</td></tr><tr><td>August.</td><td>4,838</td><td>6,198</td><td>-1,360</td><td>84</td><td>-483</td><td>3,009</td><td>-4,249</td><td>6,368</td><td>278,476</td><td>108</td><td>278,584</td><td>278,156</td></tr><tr><td>Sept.</td><td>7,208</td><td>6,633</td><td>575</td><td>-200</td><td>166</td><td>-1,810</td><td>-1,269</td><td>5,099</td><td>276,666</td><td>118</td><td>276,782</td><td>276,356</td></tr><tr><td>Oct.</td><td>2,769</td><td>7,144</td><td>-4,376</td><td>-84</td><td>350</td><td>3,546</td><td>-565</td><td>4,534</td><td>280,211</td><td>112</td><td>280,323</td><td>279,897</td></tr><tr><td>Nov.</td><td>4,962</td><td>6,237</td><td>-1,276</td><td>352</td><td>65</td><td>2,848</td><td>1,991</td><td>6,525</td><td>283,060</td><td>107</td><td>283,167</td><td>282,741</td></tr><tr><td>Dec.</td><td>6,180</td><td>7,080</td><td>-500</td><td>-37</td><td>-489</td><td>-138</td><td>-1,564</td><td>4,961</td><td>282,922</td><td>109</td><td>283,031</td><td>282,607</td></tr><tr><td>1959-Jan.</td><td>4,528</td><td>6,776</td><td>-2,248</td><td>-81</td><td>408</td><td>2,879</td><td>957</td><td>5,918</td><td>285,801</td><td>106</td><td>285,907</td><td>285,484</td></tr><tr><td>Feb.</td><td>6,576</td><td>6,331</td><td>245</td><td>-469</td><td>462</td><td>-699</td><td>-644</td><td>5,274</td><td>285,104</td><td>112</td><td>285,216</td><td>284,799</td></tr><tr><td>March.</td><td>8,146</td><td>6,461</td><td>1,365</td><td>-194</td><td>462</td><td>-3,069</td><td>-836</td><td>4,428</td><td>282,034</td><td>119</td><td>282,153</td><td>281,732</td></tr><tr><td>April.</td><td>4,258</td><td>6,427</td><td>-2,169</td><td>-34</td><td>414</td><td>3,319</td><td>1,531</td><td>5,969</td><td>285,353</td><td>107</td><td>285,460</td><td>285,040</td></tr><tr><td>May.</td><td>5,425</td><td>6,164</td><td>-739</td><td>74</td><td>-365</td><td>950</td><td>-81</td><td>5,888</td><td>286,303</td><td>108</td><td>286,410</td><td>285,992</td></tr><tr><td>June.</td><td>10,154</td><td>8,631</td><td>1,524</td><td>-110</td><td>-354</td><td>-1,597</td><td>-538</td><td>5,350</td><td>284,706</td><td>111</td><td>284,817</td><td>284,398</td></tr><tr><td>July.</td><td>3,246</td><td>6,557</td><td>-3,311</td><td>-290</td><td>112</td><td>3,976</td><td>486</td><td>5,837</td><td>288,682</td><td>110</td><td>288,792</td><td>288,375</td></tr><tr><td>August.</td><td>5,579</td><td>6,205</td><td>-626</td><td>301</td><td>-608</td><td>1,714</td><td>781</td><td>6,517</td><td>290,396</td><td>111</td><td>290,506</td><td>290,091</td></tr><tr><td>Sept.</td><td>8,146</td><td>6,357</td><td>2,129</td><td>-27</td><td>396</td><td>-2,100</td><td>399</td><td>7,017</td><td>288,296</td><td>116</td><td>288,412</td><td>287,977</td></tr><tr><td>Oct.</td><td>3,023</td><td>6,868</td><td>-3,846</td><td>-207</td><td>455</td><td>2,957</td><td>-641</td><td>6,376</td><td>291,253</td><td>118</td><td>291,372</td><td>290,958</td></tr><tr><td>Nov.</td><td>5,897</td><td>6,598</td><td>-701</td><td>-496</td><td>-538</td><td>-664</td><td>-1,408</td><td>4,968</td><td>290,589</td><td>124</td><td>290,713</td><td>290,301</td></tr><tr><td>Dec.</td><td>7,582</td><td>6,844</td><td>738</td><td>-183</td><td>-148</td><td>209</td><td>615</td><td>5,583</td><td>290,798</td><td>127</td><td>290,925</td><td>290,513</td></tr><tr><td>1960-Jan.</td><td>4,909</td><td>6,199</td><td>-1,290</td><td>-379</td><td>660</td><td>287</td><td>-722</td><td>4,862</td><td>291,085</td><td>130</td><td>291,215</td><td>290,804</td></tr><tr><td>Feb.</td><td>7,265</td><td>6,170</td><td>1,095</td><td>662</td><td>-805</td><td>-501</td><td>450</td><td>5,311</td><td>290,583</td><td>135</td><td>290,719</td><td>290,309</td></tr></table>
Source: Actual figures through the fiscal year 1952 and the calendar year 1953 are from the daily Treasury statement, and thereafter in each case they are from the monthly statement of receipts and expenditures of the Government (for explanation of reporting bases, see page 11); estimates are from the 1961 Budget document, released January 18, 1960, including effects of proposed legislation. More detailed information with respect to the figures on this page will be found in succeeding tables.
1/ Gross receipts less transfers of tax receipts to certain trust funds (see page 2), and refunds of receipts.
2/ Transactions of the Foreign Economic Cooperation Trust Fund, established under Section III of the Economic Cooperation Act of 1948 (62 Stat. 150), are consolidated with budget expenditures.
3/ Consists of transactions of trust and deposit funds, investment by Government agencies in public debt securities, and redemption or sale of obligations of Government agencies in the market; excess of receipts, or expenditures (-). For detail of content, see page 8.
For checks outstanding and telegraphic reports from Federal Reserve Banks; public debt interest accrued and unpaid beginning with June and the fiscal year 1955 (previously included from November 1949 as interest checks and coupons outstanding); also deposits in transit and changes in cash held outside the Treasury, and in certain other accounts beginning with the fiscal year 1954. Net increase, or decrease (-). 
For current month detail and list of acts, see section on "Statutory Debt Limitation" in each issue of the Bulletin. The limitations in effect during the period covered by this table and the date when each become effective are as follows: $275 billion, on June 26, 1966; $275 billion, on July 1, 1966; $280 billion, on July 1, 1968; $285 billion, on September 2, 1988; and $290 billion, on June 30, 1999. From July 1, 1999, to June 30, 1960, the limit is $295 billion. Thereafter it will revert to $285 billion.
2
Treasury Bulletin
BUDGET RECEIPTS AND EXPENDITURES
Table 1.- Receipts by Principal Sources
(In millions of dollars)
<table><tr><th rowspan="2">Fiscal year or month</th><th colspan="4">Income taxes</th><th colspan="3">Employment taxes</th><th rowspan="2">Estate and gift taxes 2/</th><th rowspan="2">Excise taxes 2/</th><th rowspan="2">Taxes not otherwise classified 2/</th><th rowspan="2">Total internal revenue 2/</th></tr><tr><th>Corporation 2/</th><th>Not withheld 2/ 2/</th><th>Withheld 2/</th><th>Total income taxes</th><th>For old-age and disability insurance 2/ 3/</th><th>For railroad re-employment insurance 5/ 6/</th><th>Total employment taxes 7/</th></tr><tr><td>1952</td><td>32,826</td><td>18,521</td><td>51,347</td><td>3,569</td><td>735</td><td>259</td><td>4,562</td><td>9,726</td><td></td><td>65,635</td></tr><tr><td>1953</td><td>33,012</td><td>21,351</td><td>54,363</td><td>4,086</td><td>620</td><td>277</td><td>4,983</td><td>10,825</td><td>9 8/</td><td>70,171</td></tr><tr><td>1954</td><td>21,523</td><td>10,747</td><td>33,906</td><td>4,537</td><td>603</td><td>285</td><td>5,425</td><td>10,014</td><td>7</td><td>66,289</td></tr><tr><td>1955</td><td>18,265</td><td>10,139</td><td>21,254</td><td>5,310</td><td>600</td><td>280</td><td>6,220</td><td>9,211</td><td>5</td><td>75,109</td></tr><tr><td>1956</td><td>21,299</td><td>11,322</td><td>24,012</td><td>6,337</td><td>634</td><td>325</td><td>7,296</td><td>10,004</td><td></td><td></td></tr><tr><td>1957</td><td>21,531</td><td>12,302</td><td>26,728</td><td>6,614</td><td>616</td><td>330</td><td>7,581</td><td>1,378</td><td>15</td><td>80,172</td></tr><tr><td>1958</td><td>20,533</td><td>11,528</td><td>27,041</td><td>7,723</td><td>575</td><td>336</td><td>8,644</td><td>1,411</td><td>7</td><td>79,978</td></tr><tr><td>1959</td><td>18,092</td><td>11,733</td><td>29,001</td><td>8,004</td><td>525</td><td>324</td><td>8,854</td><td>1,353</td><td>5</td><td>79,798</td></tr><tr><td>1960 (Est.)</td><td>23,000</td><td>12,600</td><td>32,100</td><td>10,092</td><td>630</td><td>335</td><td>11,057</td><td>1,500</td><td>6</td><td>92,073</td></tr><tr><td>1961 (Est.)</td><td>26,300</td><td>13,200</td><td>35,200</td><td>11,665</td><td>660</td><td>342</td><td>12,667</td><td>1,650</td><td>6</td><td>99,580</td></tr><tr><td>1959-July</td><td>568</td><td>364</td><td>1,239</td><td>2,171</td><td>311</td><td>20</td><td>1,332</td><td>131</td><td>971</td><td>1</td><td>3,606</td></tr><tr><td>August</td><td>368</td><td>123</td><td>4,623</td><td>4,714</td><td>1,235</td><td>85</td><td>1,321</td><td>98</td><td>1,027</td><td>*</td><td>7,160</td></tr><tr><td>September</td><td>3,311</td><td>1,837</td><td>2,264</td><td>7,411</td><td>652</td><td>52</td><td>704</td><td>107</td><td>1,007</td><td>*</td><td>9,229</td></tr><tr><td>October</td><td>491</td><td>257</td><td>1,211</td><td>1,959</td><td>259</td><td>16</td><td>278</td><td>106</td><td>977</td><td>*</td><td>3,319</td></tr><tr><td>November</td><td>405</td><td>99</td><td>4,345</td><td>4,849</td><td>882</td><td>82</td><td>965</td><td>104</td><td>396</td><td>-1</td><td>6,852</td></tr><tr><td>December</td><td>3,180</td><td>362</td><td>2,371</td><td>5,913</td><td>476</td><td>51</td><td>527</td><td>115</td><td>1,031</td><td>-1</td><td>7,586</td></tr><tr><td>1960-January</td><td>564</td><td>2,144 10/</td><td>860 10/</td><td>3,568</td><td>298 10/</td><td>16</td><td>341</td><td>103</td><td>794</td><td>1</td><td>4,808</td></tr><tr><td>February</td><td>483</td><td>884</td><td>4,835</td><td>6,201</td><td>1,243</td><td>84</td><td>1,611</td><td>134</td><td>954</td><td>2</td><td>8,902</td></tr><tr><td>1960 to date</td><td>9,370</td><td>6,069</td><td>21,346</td><td>36,786</td><td>5,356</td><td>408</td><td>315</td><td>6,079</td><td>898</td><td>7,697</td><td>2</td><td>51,461</td></tr></table>
<table><tr><th rowspan="2">Fiscal year or month</th><th rowspan="2">Customs</th><th rowspan="2">Miscellaneous receipts 2/</th><th rowspan="2">Total budget receipts</th><th colspan="5">Deductions from budget receipts</th><th colspan="3">Refunds of receipts 15/</th><th rowspan="2">Net budget receipts</th></tr><tr><th>FOASI Trust Fund 11/</th><th>Federal Disability Insurance Trust Fund 12/</th><th>Railroad Retirement Account 13/</th><th>Highway Trust Fund 14/</th><th>Internal Revenue</th><th>Customs</th><th>Other</th><th>Total refunde</th></tr><tr><td>1952</td><td>551</td><td>1,814</td><td>67,999</td><td>3,569</td><td>-</td><td>738</td><td>-</td><td>2,275</td><td>18</td><td>9</td><td>2,302</td><td>61,391</td></tr><tr><td>1953</td><td>613</td><td>1,965</td><td>72,649</td><td>4,086</td><td>-</td><td>620</td><td>-</td><td>3,095</td><td>17</td><td>6</td><td>3,118</td><td>64,825</td></tr><tr><td>1954</td><td>562</td><td>2,311 8/</td><td>73,173</td><td>4,537</td><td>-</td><td>603</td><td>-</td><td>3,345</td><td>20</td><td>11</td><td>3,377</td><td>64,655</td></tr><tr><td>1955</td><td>606</td><td>2,559</td><td>69,454</td><td>5,040 16/</td><td>-</td><td>599</td><td>-</td><td>3,400</td><td>22</td><td>4</td><td>3,426</td><td>60,390</td></tr><tr><td>1956</td><td>705</td><td>3,006</td><td>78,820</td><td>6,337</td><td>-</td><td>634</td><td>-</td><td>3,653</td><td>23</td><td>8</td><td>3,684</td><td>68,165</td></tr><tr><td>1957</td><td>754</td><td>2,749</td><td>83,675</td><td>6,301</td><td>333</td><td>616</td><td>1,479</td><td>3,894</td><td>20</td><td>3</td><td>3,917</td><td>71,029</td></tr><tr><td>1958</td><td>800</td><td>3,196</td><td>83,974</td><td>6,870</td><td>863</td><td>575</td><td>2,116</td><td>4,413</td><td>18</td><td>2</td><td>4,433</td><td>69,117</td></tr><tr><td>1959</td><td>948</td><td>3,158</td><td>83,904</td><td>7,158</td><td>847</td><td>525</td><td>2,171</td><td>4,907</td><td>23</td><td>3</td><td>4,933</td><td>68,270</td></tr><tr><td>1960 (Est.)</td><td>1,200</td><td>4,013</td><td>97,286</td><td>9,164</td><td>928</td><td>630</td><td>2,627</td><td>5,308</td><td>26</td><td>3</td><td>5,335</td><td>78,600</td></tr><tr><td>1961 (Est.)</td><td>1,400</td><td>3,922</td><td>104,912</td><td>10,639</td><td>972</td><td>660</td><td>2,950</td><td>5,611</td><td>26</td><td>2</td><td>5,637</td><td>84,000</td></tr><tr><td>1959-July</td><td>94</td><td>237</td><td>3,936</td><td>279</td><td>32</td><td>20</td><td>192</td><td>165</td><td>1</td><td>*</td><td>167</td><td>3,246</td></tr><tr><td>August</td><td>87</td><td>172</td><td>7,418</td><td>1,112</td><td>123</td><td>85</td><td>237</td><td>179</td><td>1</td><td>*</td><td>181</td><td>5,679</td></tr><tr><td>September</td><td>99</td><td>224</td><td>9,552</td><td>588</td><td>63</td><td>52</td><td>201</td><td>160</td><td>2</td><td>*</td><td>161</td><td>8,486</td></tr><tr><td>October</td><td>90</td><td>217</td><td>3,626</td><td>235</td><td>24</td><td>16</td><td>198</td><td>128</td><td>2</td><td>*</td><td>129</td><td>3,023</td></tr><tr><td>November</td><td>94</td><td>205</td><td>7,152</td><td>793</td><td>89</td><td>82</td><td>219</td><td>71</td><td>1</td><td>*</td><td>72</td><td>5,897</td></tr><tr><td>December</td><td>99</td><td>666</td><td>8,350</td><td>429</td><td>47</td><td>51</td><td>233</td><td>6</td><td>2</td><td>*</td><td>7</td><td>7,582</td></tr><tr><td>1960-January</td><td>90</td><td>528</td><td>5,425</td><td>267 10/</td><td>31 10/</td><td>16</td><td>218</td><td>17 17/</td><td>1</td><td>*</td><td>-16</td><td>4,909</td></tr><tr><td>February</td><td>93</td><td>294</td><td>9,289</td><td>1,132</td><td>112</td><td>84</td><td>264</td><td>430</td><td>2</td><td>*</td><td>432</td><td>7,265</td></tr><tr><td>1960 to date</td><td>746</td><td>2,542</td><td>54,719</td><td>4,836</td><td>520</td><td>408</td><td>1,763</td><td>1,122</td><td>11</td><td>1</td><td>1,134</td><td>46,088</td></tr></table>
Source: Actual figures for 1952 are from the daily Treasury statement and thereafter from the monthly statement of receipts and expenditures of the Government (for explanation of reporting basee see page 11); estimates are from the 1951 Budget document, released January 18, 1951, and supporting data, including effects of proposed legislation.
1/ For further detail, see tables under "Internal Revenue Collections."
2/ Breakdown was not made in the daily Treasury statement and the monthly statement for years prior to 1954.
2/ Beginning January 1951, the distribution of receipts between individual income taxes and old-age and disability Insurance taxes is made in accordance with the provisions of Sec. 201 of the Social Security Act, as amended (42 U.S.C. 401), for transfer to the Federal Old-Age and Survivors Insurance Trust Fund (see footnote 11), and after December 1956 also for transfer to the Federal Disability Insurance Trust Fund (see footnote 12).
1/ Taxes on employers and employees under the Federal Insurance Contributions Act, as amended (26 U.S.C. 3101-3125), and, beginning with the taxable year 1951, tax on self-employed individuals under the Self-Employment Contributions Act, as amended (26 U.S.C. 1401-1403). The Social Security Act Amendments of 1956, approved August 1, 1956, increased the rates of tax applicable to wages paid and taxable years beginning after December 31, 1956, to provide for disability insurance (see footnote 12).
2/ Taxes on carriers and their employees under the Railroad Retirement Tax Act, as amended (26 U.S.C. 3201-3233).
3/ Tax on employers of railroad employees under the Federal Unemployment Tax Act, as amended (26 U.S.C. 3301-3308); with respect to services performed before January 1, 1956, the tax was imposed on employers of 8 or more. Remaining footnotes on following page.
April 1960
3
BUDGET RECEIPTS AND EXPENDITURES
Footnotes to Table 1 - (Continued)
Through 1953, contributions to the Railroad Unemployment Insurance Administration Fund were carried in the daily Treasury statement as miscellaneous receipts, while the 1961 Budget document, Special Analysis G, includes them in employment taxes in 1952. Beginning 1954, the contributions are credited direct to the trust account. For amounts of the contributions included in budget receipts, see Treasury Bulletin 215 for February 1955. In the 1961 Budget document, Special Analysis G, taxes not otherwise classified are included in miscellaneous receipts.
Beginning 1957, includes collections under increased rates in the Highway Revenue Act of 1956 (see footnote 11).
Figures shown include (see footnote 11) decreases in income tax of $98 million withheld and $4 million not withheld and increases in trust fund of $1 million in the old-age and survivors Insurance Trust Fund and $11 million to Federal Disability Insurance Trust Fund.
Amounts appropriated to the Federal Old-Age and Survivors Insurance Trust Fund are equivalent to the amounts of taxes collected and deposited for old-age insurance (42 U.S.C. 401 (a)). Beginning January 1951, the amounts transferred currently for appropriation to the trust fund are based on the amounts of the income tax receipts made by the Secretary of the Treasury pursuant to the provisions of Sec. 201 (a) of the Social Security Act, as amended (42 U.S.C. 401 (a)), and are adjusted in later transfers on the basis of wage and self-employment income records maintained in the Social Security Administration. The amount of old-age insurance tax refunds is reimbursed to the general fund by the trust fund.
The Federal Disability Insurance Trust Fund is established by the Social Security Act Amendments of 1956, approved August 1, 1956 (42 U.S.C. 401 (b)). The act appropriated to the trust fund amounts equivalent to specified percentages of the wages and self-employment income, respectively, which are taxed for old-age insurance, and provided that the amounts appropriated should be transferred from
time to time to the trust fund on the same basis as transfers to the Federal Old-Age and Survivors Insurance Trust Fund. Rates of tax were increased by the percentages appropriated to the Federal Disability Insurance Trust Fund, the increase being applicable to wages paid and taxable years beginning after December 31, 1956. 13/ Excluded the Government's contribution for creditable military service, (§ 45 of Pub. L. 228-1 of the 89th Congress 1955), amounts are appropriated to the Railroad Retirement Account equal to the amount of taxes under the Railroad Retirement Tax Act deposited in the Treasury, less refunds, during each fiscal year (65 Stat. 222 and 66 Stat. 371), and transfers are made currently. 14/ The Revenue Reconciliation Act of June 19, 1956 (23 U.S.C. 173) established a Highway Trust Fund from which are to be made, as provided by appropriation acts, Federal-aid highway expenditures after June 30, 1956, and before July 1, 1972. The act appropriated to this fund amounts equivalent to specified percentages of receipts from certain excise taxes on motor fuels, motor vehicle tires, and tubes, and on certain vehicles and provided that the amounts appropriated should be transferred currently to the trust fund on the basis of estimates by the Secretary of the Treasury with proper adjustments to be made in subsequent transfers. The use tax was imposed by the act and rates were increased for the other taxes. Previous fiscal year 1956 correspondence on excise tax receipts were included in net budget receipts, and Federal-aid highway expenditures were included in budget expenditures. 15/ Interest on refunds is included in expenditures in Table 2. 16/ Transfers reduced by $300 million to correct those made earlier on basis of estimates (see footnote 11). 17/ Net reimbursements of $49 million from the Federal Old-Age and Survivors Insurance and Federal Disability Insurance trust funds. $ Less then $500,000.
Footnotes to Table 2 - (Continued)
Footnotes 1 through 3 follow Table 2 on page 4.
4/ The 1959 figures in the Bulletin differ from those in the 1961 Budget document because of a reclassification in the letter by which military assistance under the Mutual Security program in the amount of $2,340 million is shifted from "Funds appropriated to the President" to "Defense Department, military functions," and $8 million is shifted from "State Department" to "Funds appropriated to the President." Monthly figures in the bulletin are on the same classification basis as 1959 fiscal year figures.
5/ Totals include allowance for contingencies of $75 million for 1960 and $200 million for 1961.
6/ Includes unclassified expenditure transfers until these have been distributed in final fiscal year figures.
7/ Beginning 1955, consists of net expenditures of the Postal Fund, reflecting the change in classification of Post Office transactions to a public enterprise revolving fund basis.
8/ Reported on an accrual basis effective June 30, 1955.
9/ Consists of Federal payment and loans and advances.
10/ Includes $1,375 million additional subscription to the International Monetary Fund in June 1959 pursuant to Public Law 86-48, approved June 17, 1959. Of the total, $344 million were paid in gold (see "Monetary Statistics," Table 3) and the remaining $1,031 million were paid in special notes of the United States (see "Debt Outstanding," Table 1).
* Less than $500,000.
4
Treasury Bulletin
BUDGET RECEIPTS AND EXPENDITURES
Table 2.- Expenditures by Agencies
(In millions of dollars)
<table><tr><th>Fiscal year or month</th><th>Total</th><th>Legislative branch</th><th>Judiciary</th><th>Executive Office of the President</th><th>Funds appropriated to the President</th><th>Independent offices</th><th>General Services Administration</th><th>Housing and Home Finance Agency</th><th>Agriculture Department</th><th>Commerce Department</th></tr><tr><td>1953</td><td>74,274</td><td>61</td><td>27</td><td>9</td><td>5,782</td><td>6,905</td><td>1,107</td><td>385</td><td>3,217</td><td>1,063</td></tr><tr><td>1954</td><td>67,772</td><td>59</td><td>28</td><td>9</td><td>5,282</td><td>6,473</td><td>806</td><td>415</td><td>2,915</td><td>1,000</td></tr><tr><td>1955</td><td>64,570</td><td>65</td><td>30</td><td>9</td><td>4,381</td><td>6,792</td><td>973</td><td>129</td><td>4,696</td><td>1,077</td></tr><tr><td>1956</td><td>66,540</td><td>85</td><td>37</td><td>10</td><td>4,479</td><td>6,982</td><td>523</td><td>39</td><td>5,177</td><td>1,293</td></tr><tr><td>1957</td><td>69,433 2/3</td><td>97</td><td>39</td><td>10</td><td>4,115</td><td>7,707</td><td>570</td><td>-23</td><td>5,006</td><td>562 2/3</td></tr><tr><td>1958</td><td>71,336</td><td>99</td><td>44</td><td>11</td><td>4,081</td><td>8,305</td><td>425</td><td>199</td><td>4,875</td><td>645</td></tr><tr><td>1959</td><td>80,697</td><td>118</td><td>47</td><td>56</td><td>4,109</td><td>9,315</td><td>359</td><td>1,152</td><td>7,091</td><td>382</td></tr><tr><td>1960 (Est.)</td><td>78,383 2/3</td><td>135</td><td>49</td><td>67</td><td>1,748</td><td>9,492</td><td>430</td><td>361</td><td>5,706</td><td>544</td></tr><tr><td>1961 (Est.)</td><td>79,816 2/3</td><td>162</td><td>52</td><td>79</td><td>1,814</td><td>10,181</td><td>458</td><td>500</td><td>6,201</td><td>479</td></tr><tr><td>1959-July</td><td>6,557</td><td>10</td><td>4</td><td>4</td><td>266</td><td>690</td><td>17</td><td>195</td><td>531</td><td>43</td></tr><tr><td>August</td><td>6,305</td><td>7</td><td>4</td><td>4</td><td>225</td><td>758</td><td>30</td><td>122</td><td>376</td><td>51</td></tr><tr><td>September</td><td>6,137</td><td>14</td><td>4</td><td>5</td><td>283</td><td>732</td><td>42</td><td>*</td><td>435</td><td>30</td></tr><tr><td>October</td><td>6,868</td><td>10</td><td>4</td><td>7</td><td>279</td><td>516</td><td>38</td><td>134</td><td>716</td><td>187</td></tr><tr><td>November</td><td>6,598</td><td>11</td><td>4</td><td>4</td><td>289</td><td>760</td><td>25</td><td>148</td><td>562</td><td>189</td></tr><tr><td>December</td><td>6,844</td><td>13</td><td>4</td><td>5</td><td>276</td><td>728</td><td>45</td><td>-59</td><td>568</td><td>97</td></tr><tr><td>1960-January</td><td>6,199</td><td>9</td><td>4</td><td>4</td><td>281</td><td>738</td><td>22</td><td>17</td><td>500</td><td>40</td></tr><tr><td>February</td><td>6,170</td><td>9</td><td>4</td><td>5</td><td>236</td><td>778</td><td>32</td><td>-8</td><td>355</td><td>-18</td></tr><tr><td>1960 to date</td><td>51,900 6/7</td><td>83</td><td>32</td><td>37</td><td>2,115</td><td>5,699</td><td>251</td><td>549</td><td>4,044</td><td>620</td></tr></table>
<table><tr><th rowspan="2">Fiscal year or month</th><th colspan="4">Defense Department</th><th colspan="4">Treasury Department</th><th rowspan="2">District of Columbia 9/</th></tr><tr><th>Military functions</th><th>Civil functions</th><th>Health, Education, and Welfare Department</th><th>Interior Department</th><th>Justice Department</th><th>Labor Department</th><th>Post Office Department 2/</th><th>State Department</th><th>Interest</th><th>Other</th></tr><tr><th></th><th colspan="4"></th><th colspan="3">On public debt 8/</th><th>On refunds of taxes</th><th></th><th></th></tr><tr><td>1953</td><td>43,611</td><td>813</td><td>1,920</td><td>587</td><td>171</td><td>300</td><td>659</td><td>271</td><td>6,504</td><td>74</td><td>798</td><td>12</td></tr><tr><td>1954</td><td>40,336</td><td>605</td><td>1,981</td><td>535</td><td>183</td><td>355</td><td>312</td><td>156</td><td>6,382</td><td>83</td><td>873</td><td>13</td></tr><tr><td>1955</td><td>35,532</td><td>548</td><td>1,993</td><td>515</td><td>182</td><td>394</td><td>356</td><td>136</td><td>6,370</td><td>62</td><td>368 1/</td><td>22</td></tr><tr><td>1956</td><td>35,791</td><td>573</td><td>2,071</td><td>512</td><td>216</td><td>412</td><td>463</td><td>142</td><td>6,787</td><td>54</td><td>879</td><td>22</td></tr><tr><td>1957</td><td>38,439</td><td>639</td><td>2,295</td><td>572</td><td>214</td><td>418</td><td>518</td><td>179</td><td>7,244</td><td>57</td><td>748</td><td>26</td></tr><tr><td>1958</td><td>39,062</td><td>733</td><td>2,645</td><td>666</td><td>229</td><td>567</td><td>674</td><td>206</td><td>7,607</td><td>74</td><td>765</td><td>25</td></tr><tr><td>1959</td><td>41,233 6/</td><td>807</td><td>3,092</td><td>751</td><td>250</td><td>1,016</td><td>774</td><td>272 6/</td><td>7,593</td><td>69</td><td>2,178 10/</td><td>31</td></tr><tr><td>1960 (Est.)</td><td>42,745</td><td>907</td><td>3,417</td><td>744</td><td>259</td><td>544</td><td>604</td><td>238</td><td>9,300</td><td>75</td><td>909</td><td>34</td></tr><tr><td>1961 (Est.)</td><td>42,745</td><td>972</td><td>3,517</td><td>809</td><td>271</td><td>540</td><td>49</td><td>292</td><td>9,500</td><td>75</td><td>877</td><td>48</td></tr><tr><td>1959-July</td><td>3,402</td><td>57</td><td>270</td><td>75</td><td>21</td><td>41</td><td>64</td><td>59</td><td>728</td><td>6</td><td>69</td><td>27</td></tr><tr><td>August</td><td>3,386</td><td>81</td><td>273</td><td>55</td><td>19</td><td>43</td><td>59</td><td>15</td><td>724</td><td>10</td><td>61</td><td>-</td></tr><tr><td>September</td><td>3,433</td><td>83</td><td>293</td><td>74</td><td>20</td><td>43</td><td>46</td><td>22</td><td>718</td><td>6</td><td>74</td><td>-</td></tr><tr><td>October</td><td>3,577</td><td>92</td><td>294</td><td>72</td><td>27</td><td>97</td><td>19</td><td>17</td><td>732</td><td>8</td><td>42</td><td>-</td></tr><tr><td>November</td><td>3,319</td><td>69</td><td>259</td><td>56</td><td>20</td><td>22</td><td>31</td><td>21</td><td>743</td><td>4</td><td>59</td><td>-</td></tr><tr><td>December</td><td>3,853</td><td>75</td><td>258</td><td>51</td><td>20</td><td>25</td><td>-1</td><td>20</td><td>800</td><td>9</td><td>56</td><td>-</td></tr><tr><td>1960-January</td><td>3,142</td><td>57</td><td>314</td><td>46</td><td>20</td><td>48</td><td>43</td><td>22</td><td>826</td><td>4</td><td>61</td><td>-</td></tr><tr><td>February</td><td>3,386</td><td>56</td><td>285</td><td>61</td><td>20</td><td>42</td><td>57</td><td>22</td><td>779</td><td>8</td><td>64</td><td>-</td></tr><tr><td>1960 to date</td><td>27,499</td><td>569</td><td>2,246</td><td>492</td><td>166</td><td>361</td><td>318</td><td>198</td><td>6,051</td><td>57</td><td>487</td><td>27</td></tr></table>
Source: Actual figures are from the monthly statement of receipts and expenditures of the Government (for explanation of reporting bases, see page II); estimates are from the 1961 Budget document, released January 18, 1960, including effects of proposed legislation.
Note: Figures in this table are for agencies as constituted at the time the expenditures were made, and therefore do not necessarily represent functions which are comparable over a period of time. For expenditures by functions of the Government budget, see Table 10. Agency shifts are reflected in this table as follows: Beginning 1955, Federal Home Loan Bank Board from "Housing and Home Finance Agency" to "Independent offices," and Reconstruction Finance Corporation as indicated in footnote 1; beginning 1957, Alaska Road Construction from "Interior Department" to "Commerce Department," and Federal intermediate credit banks and production credit corporations as indicated in footnote 3; beginning 1958, Federal Farm Loan Corporation from "Farm Credit Administration" to "General Services Administration," and Informational Media Guaranty Fund from "Funds appropriated to the President" to "Independent offices"; beginning 1959, Federal Civil Defense Administration from "Independent offices" to "Executive Office of the President"; and the former Civil Aeronautics Administration and the Civil Aeronautics Board from "Commerce Department" to "Independent offices."
Reconstruction Finance Corporation is included under "Independent offices"
through 1954, and under "Treasury Department" beginning 1955, except functions transferred to Export-Import Bank, Federal National Mortgage Association, General Services Administration, and Small Business Administration. The corporation was abolished at the close of June 30, 1957, by Reorganization Plan No. 1 of 1957, and its remaining functions were transferred to the Housing and Home Finance Administration, Administrator of General Services, Administrator of Small Business Administration, and Secretary of the Treasury. Beginning 1957, Federal aid for highways is excluded from budgetary expenditures and included in trust account expenditures (see Table 1). 2/ Effective January 1, 1957, the production credit corporations were merged with the Federal Intermediate Credit Banks, pursuant to the Farm Credit Act of 1956, approved July 26, 1956 (12 U.S.C. 1027), and operations of the merged agencies (as mixed-ownership corporations) were classified as trust enterprise funds (see "Trust Account and Other Transactions," Table 3); previously the operations of the banks and the corporations, respectively, were classified as public enterprise funds and were included net in budget expenditures. Remaining footnotes on page 3.
April 1960
5
BUDGET RECEIPTS AND EXPENDITURES
Table 3.- Summary of Appropriations and Authorizations, Expenditures, and Balances, by Agencies, as of February 29, 1960
(In millions of dollars; negative figures are deductions in the columns in which they appear)
<table><tr><th>Agency</th><th>Unexpended balance brought forward July 1, 1959 1/2/</th><th colspan="4">Additions, fiscal year 1960 to date Increase</th><th>Transfers, borrowings, investments 5/</th></tr><tr><th></th><th></th><th>Appropriations 2/</th><th>Authorizations to expand from debt receipts 4/</th><th>Other authorizations 5/</th><th>Total</th><th></th></tr><tr><td>Legislative Branch</td><td>141</td><td>129</td><td>-</td><td>-14</td><td>115</td><td>-</td></tr><tr><td>The Judiciary</td><td>3</td><td>48</td><td>-</td><td>-</td><td>48</td><td>-</td></tr><tr><td>Executive Office of the President</td><td>44</td><td>63</td><td>-</td><td>-</td><td>63</td><td>-</td></tr><tr><td>Funds appropriated to the President</td><td>5,347</td><td>3,235</td><td>-</td><td>-</td><td>3,235</td><td>*</td></tr><tr><td>Independent offices</td><td>12,445</td><td>9,598</td><td>899</td><td>16</td><td>10,513</td><td>-</td></tr><tr><td>General Services Administration</td><td>489</td><td>278</td><td>-</td><td>-</td><td>278</td><td>-</td></tr><tr><td>Housing and Home Finance Agency</td><td>8,977</td><td>210</td><td>271</td><td>260</td><td>771</td><td>-</td></tr><tr><td>Agriculture Department</td><td>3,605</td><td>4,156</td><td>498</td><td>2</td><td>4,956</td><td>-</td></tr><tr><td>Commerce Department</td><td>446</td><td>902</td><td>-</td><td>4</td><td>906</td><td>-</td></tr><tr><td>Defense Department:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Military functions</td><td>31,635</td><td>40,591</td><td>-</td><td>-</td><td>40,591</td><td>-</td></tr><tr><td>Civil functions</td><td>345</td><td>922</td><td>10</td><td>-</td><td>932</td><td>-</td></tr><tr><td>Undistributed foreign transactions</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Health, Education, and Welfare Department</td><td>1,097</td><td>3,022</td><td>-</td><td>-1</td><td>3,021</td><td>-</td></tr><tr><td>Interior Department</td><td>372</td><td>732</td><td>-</td><td>3</td><td>735</td><td>-</td></tr><tr><td>Justice Department</td><td>21</td><td>266</td><td>-</td><td>-</td><td>266</td><td>-</td></tr><tr><td>Labor Department</td><td>188</td><td>523</td><td>-</td><td>-</td><td>523</td><td>-</td></tr><tr><td>Post Office Department</td><td>292</td><td>604</td><td>-</td><td>-</td><td>604</td><td>-</td></tr><tr><td>State Department</td><td>72</td><td>230</td><td>-</td><td>-</td><td>230</td><td>*</td></tr><tr><td>Treasury Department</td><td>6,078</td><td>10,471</td><td>-</td><td>-</td><td>10,471</td><td>-</td></tr><tr><td>District of Columbia - Federal contribution and loans</td><td>43</td><td>62</td><td>-</td><td>-</td><td>62</td><td>-</td></tr><tr><td>Unclassified expenditure transfers</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total</td><td>71,646</td><td>76,373</td><td>1,681</td><td>270</td><td>78,325</td><td>-</td></tr></table>
<table><tr><th>Agency</th><th>Expenditures (net)</th><th>Rescissions, cancellations, and other adjustments 2/</th><th>Undisbursed appropriations</th><th>Unused authorizations to spend from debt receipts</th><th>Unfunded contract authorizations</th><th>Investments held 3/</th><th>Total 2/</th></tr><tr><td>Legislative Branch.</td><td>74</td><td>2</td><td>131</td><td>-</td><td>47</td><td>-</td><td>179</td></tr><tr><td>The Judiciary.</td><td>32</td><td>-</td><td>20</td><td>-</td><td>-</td><td>-</td><td>20</td></tr><tr><td>Executive Offices of the President.</td><td>37</td><td>-</td><td>70</td><td>-</td><td>-</td><td>-</td><td>70</td></tr><tr><td>Funds appropriated to the President.</td><td>2,116</td><td>*</td><td>6,142</td><td>325</td><td>-</td><td>-</td><td>6,467</td></tr><tr><td>Independent offices.</td><td>5,699</td><td>57</td><td>6,670</td><td>9,920</td><td>144</td><td>468</td><td>17,202</td></tr><tr><td>General Services Administration.</td><td>251</td><td>58</td><td>459</td><td>-</td><td>-</td><td>-</td><td>459</td></tr><tr><td>Housing and Home Finance Agency.</td><td>549</td><td>161</td><td>362</td><td>6,461</td><td>1,406</td><td>812</td><td>9,040</td></tr><tr><td>Agriculture Department.</td><td>4,044</td><td>-</td><td>1,168</td><td>3,308</td><td>41</td><td>-</td><td>4,517</td></tr><tr><td>Commerce Department.</td><td>620</td><td>7</td><td>658</td><td>-</td><td>67</td><td>-</td><td>725</td></tr><tr><td>Defense Department:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Military functions.</td><td>27,505</td><td>*</td><td>44,721</td><td>-</td><td>-</td><td>-</td><td>44,721</td></tr><tr><td>Civil functions.</td><td>569</td><td>10</td><td>688</td><td>10</td><td>-</td><td>-</td><td>698</td></tr><tr><td>Undistributed foreign transactions</td><td>1</td><td>-</td><td>-1</td><td>-</td><td>-</td><td>-</td><td>-1</td></tr><tr><td>Health, Education, and Welfare Department.</td><td>2,246</td><td>*</td><td>1,871</td><td>-</td><td>1</td><td>-</td><td>1,872</td></tr><tr><td>Interior Department.</td><td>492</td><td>-1</td><td>533</td><td>*</td><td>84</td><td>-</td><td>617</td></tr><tr><td>Justice Department.</td><td>166</td><td>-</td><td>121</td><td>-</td><td>-</td><td>-</td><td>121</td></tr><tr><td>Labor Department.</td><td>361</td><td>-</td><td>350</td><td>-</td><td>-</td><td>-</td><td>350</td></tr><tr><td>Post Office Department.</td><td>318</td><td>-</td><td>578</td><td>-</td><td>-</td><td>-</td><td>578</td></tr><tr><td>State Department.</td><td>198</td><td>-</td><td>104</td><td>-</td><td>-</td><td>-</td><td>104</td></tr><tr><td>Treasury Department.</td><td>6,594</td><td>13</td><td>3,978</td><td>5,964</td><td>-</td><td>-</td><td>9,942</td></tr><tr><td>District of Columbia - Federal contribution and loans.</td><td>27</td><td>-</td><td>82</td><td>-</td><td>-</td><td>-</td><td>82</td></tr><tr><td>Unclassified expenditure transfers.</td><td>-1</td><td>-</td><td>1</td><td>-</td><td>-</td><td>-</td><td>1</td></tr><tr><td>Adjustment to monthly statement of receipts and expenditures of the Government.</td><td>2 9/</td><td>-</td><td>-2</td><td>-</td><td>-</td><td>-</td><td>-2</td></tr><tr><td>Total.</td><td>51,900</td><td>306</td><td>68,707</td><td>25,988</td><td>1,790</td><td>1,280</td><td>97,764</td></tr></table>
Consists of transfers between appropriations; net borrowings from, or repayments to (-), the Treasury and the public under authority to expend from debt receipts; and net investment in, or sale of (-), public debt securities and certain guaranteed securities issued by Government enterprises. 
Consists of transfers to, or restorations from (-), the surplus fund; rescissions, cancellations, or adjustments of borrowing authority and contract authority; capital transfers to miscellaneous receipts; and other adjustments. 
Public debt securities and certain guaranteed securities issued by Government enterprises. 
Represents difference between monthly statement figures (based on preliminary reports) and final accounts of disbursing officers. 
* less than $500,000.
Sources: Bureau of Accounts. Details for the current fiscal year to date are shown in Bureau of Accounts report "Budgetary Appropriations and Other Authorizations, Expenditures and Unexpended Balances". 1/ Includes some categories as shown at end of current period. 2/ Although not expended, a substantial portion of these amounts is obligated for outstanding purchase orders and contracts for equipment and supplies, for payrolls, and for similar items. 3/ Includes reappropriations. 4/ Consists of authorizations by law for Government-owned enterprises to borrow (1) from the Treasury (to expend from public debt receipts), or (2) from the public (to make public debt receipts). 5/ Consists of new contract authorizations established by law for the current fiscal year, net of current appropriations to liquidate either current or prior contract authorizations.
6
Treasury Bulletin
BUDGET RECEIPTS AND EXPENDITURES
Table 4.- Expenditures and Balances by Functions
(Fiscal years; in millions of dollars)
<table><tr><th>Function</th><th>Function code number</th><th>1955</th><th>1956</th><th>1957</th><th>1958</th><th>1959</th><th>Expenditures</th><th>Unexpended balances end of period 1/</th></tr><tr><td colspan="9">Major national security:</td></tr><tr><td>Military defense................................</td><td>061</td><td>35,532</td><td>35,791</td><td>38,439</td><td>39,062</td><td>41,233</td><td>27,506</td><td>44,720</td></tr><tr><td>Development and control of atomic energy</td><td>066</td><td>1,857</td><td>1,651</td><td>1,990</td><td>2,268</td><td>2,541</td><td>1,710</td><td>2,423</td></tr><tr><td>Stockpiling and defense production expansion</td><td>067</td><td>964</td><td>588</td><td>490</td><td>625</td><td>312</td><td>157</td><td>212</td></tr><tr><td>Military assistance</td><td>068</td><td>2,292</td><td>2,611</td><td>2,352</td><td>2,187</td><td>2,340</td><td>954</td><td>2,896</td></tr><tr><td>Total major national security</td><td></td><td>40,626</td><td>40,641</td><td>43,270</td><td>44,142</td><td>46,426</td><td>30,326</td><td>50,249</td></tr><tr><td colspan="9">International affairs and finance:</td></tr><tr><td>Conduct of foreign affairs</td><td>151</td><td>121</td><td>120</td><td>157</td><td>173</td><td>237</td><td>175</td><td>69</td></tr><tr><td>Economic and technical development 2/</td><td>152</td><td>1,960</td><td>1,613</td><td>1,683</td><td>1,910</td><td>3,403</td><td>717</td><td>13,797</td></tr><tr><td>Foreign information and exchange activities</td><td>153</td><td>100</td><td>111</td><td>133</td><td>143</td><td>139</td><td>83</td><td>115</td></tr><tr><td>Total international affairs and finance</td><td></td><td>2,181</td><td>1,843</td><td>1,973</td><td>2,231</td><td>3,780</td><td>976</td><td>13,982</td></tr><tr><td colspan="9">Veterans' services and benefits</td></tr><tr><td>Veterans' education and training 3/</td><td>101</td><td>664</td><td>767</td><td>774</td><td>699</td><td>574</td><td>329</td><td>264</td></tr><tr><td>Other veterans' readjustment benefits 4/</td><td>102</td><td>150</td><td>123</td><td>126</td><td>168</td><td>177</td><td>*</td><td>*</td></tr><tr><td>Veterans' compensation and pensions</td><td>103</td><td>2,681</td><td>2,798</td><td>2,879</td><td>3,204</td><td>3,275</td><td>2,234</td><td>1,071</td></tr><tr><td>Veterans' insurance and accrements indemnities</td><td>104</td><td>57</td><td>105</td><td>47</td><td>43</td><td>35</td><td>24</td><td>100</td></tr><tr><td>Veterans' hospitals and medical care</td><td>105</td><td>727</td><td>788</td><td>801</td><td>856</td><td>921</td><td>629</td><td>506</td></tr><tr><td>Other veterans' services and administration</td><td>106</td><td>178</td><td>176</td><td>175</td><td>156</td><td>193</td><td>116</td><td>93</td></tr><tr><td>Total veterans' services and benefits</td><td></td><td>4,457</td><td>4,756</td><td>4,793</td><td>5,026</td><td>5,174</td><td>3,332</td><td>2,034</td></tr><tr><td colspan="9">Labor and welfare:</td></tr><tr><td>Labor and manpower</td><td>211</td><td>328</td><td>475</td><td>400</td><td>458</td><td>842</td><td>270</td><td>317</td></tr><tr><td>Public assistance</td><td>212</td><td>1,428</td><td>1,457</td><td>1,558</td><td>1,797</td><td>1,969</td><td>1,381</td><td>515</td></tr><tr><td>Promotion of public health</td><td>213</td><td>275</td><td>351</td><td>469</td><td>546</td><td>704</td><td>542</td><td>397</td></tr><tr><td>Promotion of education 5/</td><td>214</td><td>325</td><td>281</td><td>292</td><td>319</td><td>468</td><td>309</td><td>423</td></tr><tr><td>Promotion of science, research, libraries, and museums 6/</td><td>215</td><td>53</td><td>56</td><td>72</td><td>72</td><td>119</td><td>132</td><td>304</td></tr><tr><td>Correctional and penal institutions</td><td>216</td><td>28</td><td>31</td><td>32</td><td>34</td><td>39</td><td>30</td><td>31</td></tr><tr><td>Other welfare services and administration 7/</td><td>217</td><td>136</td><td>169</td><td>201</td><td>221</td><td>279</td><td>178</td><td>53</td></tr><tr><td>Total labor and welfare</td><td></td><td>2,575</td><td>2,821</td><td>3,022</td><td>3,447</td><td>4,421</td><td>2,841</td><td>2,581</td></tr><tr><td colspan="9">Agriculture and agricultural resources:</td></tr><tr><td>Stabilization of farm prices and farm income 2/</td><td>351</td><td>3,486</td><td>3,900</td><td>3,430</td><td>3,151</td><td>5,126</td><td>2,527</td><td>2,566</td></tr><tr><td>Financing farm ownership and operation 8/</td><td>352</td><td>236</td><td>231</td><td>227</td><td>239</td><td>250</td><td>182</td><td>633</td></tr><tr><td>Financing rural electrification and telephones</td><td>353</td><td>204</td><td>217</td><td>267</td><td>297</td><td>315</td><td>225</td><td>1,017</td></tr><tr><td>Conservation and development of agricultural land and water resources 2/</td><td>354</td><td>290</td><td>305</td><td>376</td><td>448</td><td>547</td><td>612</td><td>194</td></tr><tr><td>Research, and other agricultural services 2/</td><td>355</td><td>179</td><td>215</td><td>227</td><td>255</td><td>291</td><td>206</td><td>131</td></tr><tr><td>Total agriculture and agricultural resources</td><td></td><td>4,388</td><td>4,867</td><td>4,525</td><td>4,389</td><td>6,529</td><td>3,753</td><td>4,540</td></tr><tr><td colspan="9">Natural resources:</td></tr><tr><td>Conservation and development of land and water resources</td><td>401</td><td>935</td><td>803</td><td>925</td><td>1,138</td><td>1,183</td><td>804</td><td>1,774</td></tr><tr><td>Conservation and development of forest resources</td><td>402</td><td>119</td><td>139</td><td>163</td><td>176</td><td>201</td><td>173</td><td>92</td></tr><tr><td>Conservation and development of mineral resources</td><td>403</td><td>37</td><td>38</td><td>62</td><td>59</td><td>71</td><td>56</td><td>27</td></tr><tr><td>Conservation and development of fish and wildlife</td><td>404</td><td>43</td><td>45</td><td>51</td><td>60</td><td>68</td><td>47</td><td>74</td></tr><tr><td>Recreational use of natural resources</td><td>405</td><td>35</td><td>44</td><td>59</td><td>69</td><td>86</td><td>52</td><td>108</td></tr><tr><td>General resource surveys and administration</td><td>409</td><td>34</td><td>35</td><td>38</td><td>43</td><td>60</td><td>33</td><td>25</td></tr><tr><td>Total natural resources</td><td></td><td>1,202</td><td>1,105</td><td>1,297</td><td>1,544</td><td>1,669</td><td>1,165</td><td>2,100</td></tr><tr><td colspan="9">Commerce and housing:</td></tr><tr><td>Promotion of water transportation</td><td>510</td><td>349</td><td>420</td><td>365</td><td>392</td><td>436</td><td>315</td><td>628</td></tr><tr><td>Provision of highways</td><td>511</td><td>647</td><td>783</td><td>40 10/</td><td>31</td><td>30</td><td>323</td><td>156</td></tr><tr><td>Promotion of aviation</td><td>512</td><td>179</td><td>180</td><td>219</td><td>315</td><td>494</td><td>372</td><td>720</td></tr><tr><td>Space exploration and flight technology</td><td>513</td><td>74</td><td>71</td><td>76</td><td>89</td><td>145</td><td>234</td><td>517</td></tr><tr><td>Postal service</td><td>514</td><td>356</td><td>463</td><td>518</td><td>674</td><td>774</td><td>318</td><td>578</td></tr><tr><td>Community development and facilities</td><td>515</td><td>56</td><td>4</td><td>49</td><td>78</td><td>108</td><td>83</td><td>2,443</td></tr><tr><td>Public housing programs</td><td>516</td><td>-115</td><td>31</td><td>60</td><td>51</td><td>97</td><td>84</td><td>1,567</td></tr><tr><td>Other aids to housing 11/</td><td>517</td><td>19</td><td>19</td><td>-60</td><td>228</td><td>1,085</td><td>445</td><td>7,466</td></tr><tr><td>Other aids to business 12/</td><td>518</td><td>-404</td><td>-83</td><td>59</td><td>115</td><td>139</td><td>59</td><td>3,387</td></tr><tr><td>Regulation of commerce and finance</td><td>519</td><td>38</td><td>41</td><td>45</td><td>49</td><td>58</td><td>39</td><td>25</td></tr><tr><td>Civil and defense mobilization</td><td>520</td><td>45</td><td>58</td><td>65</td><td>66</td><td>46</td><td>30</td><td>315</td></tr><tr><td>Disaster insurance, loans, and relief 13/</td><td>521</td><td>12</td><td>43</td><td>21</td><td>21</td><td>8</td><td>2</td><td>26</td></tr><tr><td>Total commerce and housing</td><td></td><td>1,504</td><td>2,030</td><td>1,455 10/</td><td>2,109</td><td>3,421</td><td>2,306</td><td>17,829</td></tr><tr><td colspan="9">General government:</td></tr><tr><td>Legislative functions</td><td>601</td><td>60</td><td>77</td><td>90</td><td>88</td><td>102</td><td>61</td><td>160</td></tr><tr><td>Judicial functions</td><td>602</td><td>31</td><td>38</td><td>40</td><td>44</td><td>47</td><td>32</td><td>20</td></tr><tr><td>Executive direction and management</td><td>603</td><td>10</td><td>9</td><td>9</td><td>10</td><td>12</td><td>8</td><td>6</td></tr><tr><td>Federal financial management</td><td>604</td><td>431</td><td>475</td><td>476</td><td>502</td><td>566</td><td>358</td><td>266</td></tr><tr><td>General property and records management</td><td>605</td><td>164</td><td>164</td><td>194</td><td>239</td><td>291</td><td>218</td><td>411</td></tr><tr><td>Central personnel management and employment costs 14/</td><td>606</td><td>115</td><td>334</td><td>627</td><td>140</td><td>205</td><td>140</td><td>69</td></tr><tr><td>Civilian weather services</td><td>607</td><td>25</td><td>34</td><td>38</td><td>39</td><td>46</td><td>37</td><td>25</td></tr><tr><td>Protection of surveys, civilian control</td><td>608</td><td>157</td><td>188</td><td>187</td><td>199</td><td>216</td><td>140</td><td>92</td></tr><tr><td>Territorials and possessions, and District of Columbia</td><td>609</td><td>67</td><td>72</td><td>77</td><td>75</td><td>89</td><td>71</td><td>124</td></tr><tr><td>Other general government</td><td>610</td><td>139</td><td>238</td><td>51</td><td>20</td><td>30</td><td>21</td><td>26</td></tr><tr><td>Total general government</td><td></td><td>1,199</td><td>1,630</td><td>1,790</td><td>1,359</td><td>1,606</td><td>1,087</td><td>1,179</td></tr></table>
April 1960
BUDGET RECEIPTS AND EXPENDITURES
Table 4.- Expenditures and Balances by Functions - (Continued)
(Fiscal years; in millions of dollars)
<table><tr><th>Function</th><th>Function code number</th><th>1955</th><th>1956</th><th>1957</th><th>1958</th><th>1959</th><th colspan="2">1960 through February</th></tr><tr><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th>Expenditures</th><th>Unexpended balances end of period 1/</th></tr><tr><td>Interest:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest on the public debt</td><td>651</td><td>6,370</td><td>6,787</td><td>7,244</td><td>7,607</td><td>7,593</td><td>6,051</td><td>3,249</td></tr><tr><td>Interest on refunds of receipts</td><td>652</td><td>62</td><td>54</td><td>57</td><td>74</td><td>70</td><td>57</td><td>19</td></tr><tr><td>Interest on uninvested funds</td><td>653</td><td>5</td><td>6</td><td>6</td><td>8</td><td>9</td><td>6</td><td>4</td></tr><tr><td>Total interest</td><td></td><td>6,438</td><td>6,846</td><td>7,308</td><td>7,689</td><td>7,671</td><td>6,113</td><td>3,272</td></tr><tr><td>Undistributed</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2</td><td>-2</td></tr><tr><td>Total</td><td></td><td>64,570</td><td>66,510</td><td>69,433 9/10</td><td>71,996</td><td>80,697</td><td>51,900</td><td>97,764</td></tr></table>
Source: Expenditures for 1960 are from reports to the Treasury Department by disbursing officers, on the monthly statement reporting basis (see page II). They are classified in accordance with the classification used in the 1961 Budget document, Special Analysis 0, as nearly as can be done on an individual appropriation and fund basis. Some of these figures are from the same source but have been adjusted below the appropriation level in some instances by the Bureau of the Budget for use in the Special Analysis. Where current classifications differ on this account, they are footnoted. Revolving fund transactions are included net in the expenditures. 1/ For description of items included, see Table 3. Although not expended, a substantial portion of these amounts is obligated for outstanding purchase orders and contracts for equipment and supplies, for payrolls and for similar items. See footnote 7. 2/ Expenditures for 1960 include those made from "Readjustment Benefits, Veterans' Administration," applicable to functional code 102. 3/ See footnotes 3 and 14. 4/ See footnote 6. 5/ Expenditures for 1960 include those for promotion of education in science made from "Salaries and Expense, National Science Foundation," applicable to functional code 214. 7/ Expenditures for 1960 include those for emergency family relief to friendly people, applicable to functional code 152; for special milk program - restoration of capital impairment, applicable
to functional code 217; for loans to Secretary of Agriculture for conservation purposes and conservation reserve program, applicable to functional code 354; and for animal disease eradication activities, and grading and classing activities, applicable to functional code 355. These expenditures were made from "Commodity Credit Corporation Capital Fund" and "National Wool Act, Commodity Stabilization Service."
8/ Expenditures for 1960 include those for farm housing made from "Loans, Farmers' Home Administration," applicable to functional code 517.
9/ For shift of Federal intermediate credit banks from budget to trust account classification effective January 1957, see Table 2, footnote 3.
10/ Excludes Federal-aid highway expenditures, which are made from the Highway Trust Fund beginning with 1957 (see Table 1, footnote 11); corresponding expenditures for previous years are included in Budget expenditures.
11/ See footnote 8.
12/ Expenditures for 1960 include those for disaster loans and relief made from "Revolving Fund, Small Business Administration," applicable to functional code 521.
13/ See footnote 12.
14/ Expenditures for 1960 include those for unemployment compensation for Federal employees and ex-servicemen applicable to functional code 102. Less than $500,000.
8
Treasury Bulletin
TRUST ACCOUNT AND OTHER TRANSACTIONS
Table 1.- Summary of Trust Account and Other Transactions
(In millions of dollars)
<table><tr><th>Fiscal year or month</th><th>Net receipts, or expenditures (-), from trust account and other transactions</th><th colspan="3">Trust and deposit fund accounts</th><th>Net sale, or investment (-), by Government agencies in public debt securities</th><th>Net sale, or redemption (-), of securities of Government agencies in the market</th></tr><tr><th></th><th></th><th>Net receipts, or expenditures (-)</th><th>Receipts</th><th>Expenditures</th><th></th><th></th></tr><tr><td>1952</td><td>147</td><td>3,855</td><td>8,807</td><td>4,952</td><td>-3,636</td><td>-72</td></tr><tr><td>1953</td><td>435</td><td>3,760</td><td>8,929</td><td>5,169</td><td>-3,301</td><td>-25</td></tr><tr><td>1954</td><td>328</td><td>2,386</td><td>9,155</td><td>6,769</td><td>-21,054</td><td>-4</td></tr><tr><td>1955</td><td>231</td><td>991 1/2</td><td>9,536</td><td>8,545 1/2</td><td>-1,362 1/2 2/</td><td>602 1/2</td></tr><tr><td>1956</td><td>-194</td><td>2,250</td><td>11,685</td><td>9,435</td><td>-2,617</td><td>173</td></tr><tr><td>1957</td><td>195</td><td>1,409</td><td>14,369</td><td>12,959</td><td>-2,300</td><td>1,085</td></tr><tr><td>1958</td><td>633</td><td>262</td><td>16,329</td><td>16,068</td><td>-197</td><td>567</td></tr><tr><td>1959</td><td>-329</td><td>-1,511</td><td>17,084</td><td>18,595</td><td>1,112</td><td>71</td></tr><tr><td>1960 (Est.)</td><td>-198</td><td>-813</td><td>20,696</td><td>21,510</td><td>-369</td><td>985</td></tr><tr><td>1961 (Est.)</td><td>221</td><td>1,269</td><td>22,547</td><td>21,278</td><td>-1,994</td><td>906</td></tr><tr><td>1959- July</td><td>-290</td><td>-960</td><td>1,214</td><td>2,171</td><td>671</td><td>-1</td></tr><tr><td>August</td><td>701</td><td>916</td><td>2,144</td><td>1,528</td><td>-666</td><td>51</td></tr><tr><td>September</td><td>-27</td><td>-499</td><td>1,236</td><td>1,735</td><td>217</td><td>155</td></tr><tr><td>October</td><td>-207</td><td>-877</td><td>1,009</td><td>1,886</td><td>667</td><td>3</td></tr><tr><td>November</td><td>496</td><td>507</td><td>2,004</td><td>1,436</td><td>-67</td><td>56</td></tr><tr><td>December</td><td>-183</td><td>-274</td><td>1,474</td><td>1,748</td><td>-12</td><td>102</td></tr><tr><td>1960- January</td><td>-379</td><td>-1,116</td><td>828</td><td>1,974</td><td>764</td><td>3</td></tr><tr><td>February</td><td>662</td><td>716</td><td>2,329</td><td>1,613</td><td>-160</td><td>105</td></tr></table>
Source: Actual figures for 1952 are from the daily Treasury statement and thereafter from the monthly statement of receipts and expenditures of the Government (for explanation of reporting bases, see page II); estimates are from the 1961 Budget document released January 18, 1960, including effects of proposed legislation.
1/ Under a revised classification in the monthly statement, effective July 1, 1955, the security transactions of Government-sponsored
enterprises are included in deposit fund account expenditures (net) and excluded from net investment by Government agenciee in public debt securities (see Table 4) and from net redemption or sale of obligations of Government agenciee in the market (see Table 5). Figures previously published for the fiscal year
2/ Includes guaranteed securities beginning 1955 (see Table 4).
Table 2. - Trust Account Receipts
(In millions of dollars)
<table><tr><th>Fiscal year or month</th><th>Total</th><th>Federal Old-Age and Survivors Insurance Trust Fund</th><th>Federal Disability Insurance Trust Fund 1/</th><th>Railroad Retirement Account</th><th>Unemployment Trust Fund</th><th>National Service Life Insurance Fund</th><th>Government Life Insurance Fund</th><th>Federal employees' retirement funds</th><th>Highway Trust Fund 2/</th><th>Other trust accounts 2/</th></tr><tr><td>1952</td><td>8,807</td><td>3,932</td><td>-</td><td>850</td><td>1,643</td><td>786</td><td>87</td><td>912</td><td>-</td><td>597</td></tr><tr><td>1953</td><td>8,929</td><td>4,516</td><td>-</td><td>742</td><td>1,594</td><td>637</td><td>79</td><td>661</td><td>-</td><td>401</td></tr><tr><td>1954</td><td>9,155</td><td>5,080</td><td>-</td><td>737</td><td>1,492</td><td>619</td><td>78</td><td>691</td><td>-</td><td>457</td></tr><tr><td>1955</td><td>9,536</td><td>5,586</td><td>-</td><td>700</td><td>1,425</td><td>590</td><td>78</td><td>708</td><td>-</td><td>449</td></tr><tr><td>1956</td><td>11,685 4/</td><td>7,003</td><td>-</td><td>739</td><td>1,728</td><td>649</td><td>73</td><td>1,025</td><td>-</td><td>467 4/</td></tr><tr><td>1957</td><td>14,369</td><td>7,159</td><td>339</td><td>723</td><td>1,912</td><td>608</td><td>69</td><td>1,397</td><td>1,482</td><td>681</td></tr><tr><td>1958</td><td>16,329</td><td>7,900</td><td>943</td><td>695</td><td>1,855</td><td>640</td><td>67</td><td>1,458</td><td>2,134</td><td>638</td></tr><tr><td>1959</td><td>17,084</td><td>8,182</td><td>938</td><td>758</td><td>1,997</td><td>634</td><td>63</td><td>1,741</td><td>2,185</td><td>585</td></tr><tr><td>1960 (Est.)</td><td>20,696</td><td>10,178</td><td>1,063</td><td>1,308</td><td>2,300</td><td>660</td><td>58</td><td>1,707</td><td>2,628</td><td>794</td></tr><tr><td>1961 (Est.)</td><td>22,547</td><td>11,721</td><td>1,098</td><td>1,059</td><td>2,284</td><td>683</td><td>57</td><td>1,770</td><td>2,950</td><td>924</td></tr><tr><td>1959-July</td><td>1,214</td><td>301</td><td>54</td><td>302</td><td>144</td><td>40</td><td>3</td><td>112</td><td>192</td><td>67</td></tr><tr><td>August</td><td>2,444</td><td>1,267</td><td>138</td><td>87</td><td>509</td><td>38</td><td>2</td><td>131</td><td>238</td><td>34</td></tr><tr><td>September</td><td>1,236</td><td>609</td><td>59</td><td>69</td><td>66</td><td>38</td><td>2</td><td>131</td><td>201</td><td>60</td></tr><tr><td>October</td><td>1,009</td><td>264</td><td>24</td><td>18</td><td>114</td><td>39</td><td>2</td><td>131</td><td>343</td><td>74</td></tr><tr><td>November</td><td>2,004</td><td>908</td><td>102</td><td>85</td><td>355</td><td>36</td><td>2</td><td>116</td><td>369</td><td>31</td></tr><tr><td>December</td><td>1,474</td><td>642</td><td>67</td><td>81</td><td>151</td><td>37</td><td>2</td><td>151</td><td>297</td><td>46</td></tr><tr><td>1960-January</td><td>828</td><td>291</td><td>32</td><td>18</td><td>67</td><td>42</td><td>2</td><td>107</td><td>218</td><td>51</td></tr><tr><td>February</td><td>2,329</td><td>1,257</td><td>125</td><td>88</td><td>251</td><td>141</td><td>22</td><td>137</td><td>264</td><td>43</td></tr></table>
Source: See Table 1.
1/ See "Budget Receipts and Expenditures," Table 1, footnote 12.
2/ See "Budget Receipts and Expenditures," Table 1, footnote 14.
3/ Includes District of Columbia receipts from taxes and from Federal contributions, loans, and grants; Indian tribal funds; increment resulting from reduction in the weight of the gold
dollar; and the Railroad Unemployment Insurance Administration Fund for the period 1954 through November 1958 (see Table 7 for treatment thereafter, and "Budget Receipts and Expenditures," Table 1, footnote 7, for treatment prior to 1954).
Does not include donation of public debt securities amounting to $45,800 (par value); see also Table 4.
9
April 1960
TRUST ACCOUNT AND OTHER TRANSACTIONS
Table 3.- Trust and Deposit Fund Account Expenditures
(In millions of dollars; negative figures are excess of credits)
<table><tr><th>Fiscal year or month</th><th>Total</th><th>Total trust accounts, etc.</th><th>Federal Old-Age and Survivors Insurance Trust Fund</th><th>Federal Disability Insurance Trust Fund</th><th>Railroad Retirement Account</th><th>Unemployment Trust Fund</th><th>National Service Life Insurance Fund</th><th>Government Life Insurance Fund</th><th>Federal employee's retirement fund</th><th>Highway Trust Fund</th></tr><tr><td>1952</td><td>4,952</td><td>5,298</td><td>2,067</td><td>-</td><td>391</td><td>1,049</td><td>996</td><td>82</td><td>300</td><td>-</td></tr><tr><td>1953</td><td>5,169</td><td>5,698</td><td>2,750</td><td>-</td><td>465</td><td>1,010</td><td>588</td><td>82</td><td>363</td><td>-</td></tr><tr><td>1954</td><td>6,769</td><td>7,327</td><td>3,105</td><td>-</td><td>502</td><td>1,765</td><td>629</td><td>147</td><td>411</td><td>-</td></tr><tr><td>1955</td><td>8,545 1/2</td><td>8,489</td><td>4,487</td><td>-</td><td>585</td><td>1,965</td><td>538</td><td>84</td><td>430</td><td>-</td></tr><tr><td>1956</td><td>9,435 2/2</td><td>9,197</td><td>5,551</td><td>-</td><td>611</td><td>1,393</td><td>512</td><td>87</td><td>507</td><td>-</td></tr><tr><td>1957</td><td>12,359</td><td>12,713</td><td>6,723</td><td>1</td><td>682</td><td>1,644</td><td>515</td><td>86</td><td>591</td><td>366</td></tr><tr><td>1958</td><td>16,068</td><td>16,159</td><td>8,116</td><td>181</td><td>700</td><td>3,128</td><td>544</td><td>120</td><td>699</td><td>1,602</td></tr><tr><td>1959</td><td>18,595</td><td>18,605</td><td>9,454</td><td>371</td><td>778</td><td>3,054</td><td>562</td><td>80</td><td>792</td><td>2,709</td></tr><tr><td>1960 (Est.)</td><td>21,510</td><td>21,645</td><td>11,136</td><td>563</td><td>1,063</td><td>2,384</td><td>582</td><td>76</td><td>884</td><td>3,123</td></tr><tr><td>1961 (Est.)</td><td>21,278</td><td>21,389</td><td>11,652</td><td>624</td><td>982</td><td>1,973</td><td>580</td><td>72</td><td>986</td><td>2,854</td></tr><tr><td>1959-July</td><td>2,174</td><td>2,002</td><td>1,121</td><td>43</td><td>98</td><td>159</td><td>51</td><td>9</td><td>71</td><td>400</td></tr><tr><td>August</td><td>1,528</td><td>1,726</td><td>852</td><td>42</td><td>105</td><td>176</td><td>46</td><td>6</td><td>72</td><td>327</td></tr><tr><td>September</td><td>1,735</td><td>1,920</td><td>864</td><td>41</td><td>95</td><td>188</td><td>50</td><td>7</td><td>73</td><td>406</td></tr><tr><td>October</td><td>1,886</td><td>1,696</td><td>859</td><td>44</td><td>107</td><td>165</td><td>44</td><td>6</td><td>74</td><td>343</td></tr><tr><td>November</td><td>1,496</td><td>1,697</td><td>859</td><td>45</td><td>103</td><td>210</td><td>43</td><td>6</td><td>74</td><td>285</td></tr><tr><td>December</td><td>1,748</td><td>1,875</td><td>835</td><td>72</td><td>88</td><td>272</td><td>46</td><td>6</td><td>76</td><td>312</td></tr><tr><td>1960-January</td><td>1,974</td><td>1,672</td><td>938</td><td>54</td><td>98</td><td>255</td><td>46</td><td>7</td><td>72</td><td>144</td></tr><tr><td>February</td><td>1,613</td><td>1,792</td><td>873</td><td>43</td><td>93</td><td>284</td><td>50</td><td>6</td><td>74</td><td>214</td></tr></table>
<table><tr><th rowspan="2">Fiscal year or month</th><th colspan="3">Trust enterprise funds (net)</th><th rowspan="2">Other trust accounts and trust enterprise funds 5/</th><th rowspan="2">Total deposit fund accounts</th><th colspan="4">Deposit fund accounts (net)</th><th rowspan="2">Other deposit fund accounts</th></tr><tr><th>Federal intermediate credit banks 2/</th><th>Federal National Mortgage Assoc. 1/ Financing by Treasury</th><th>Other operations</th><th>Total</th><th>Investment in public debt securities</th><th>Redemption of agency obligations in the market</th><th>Other expenditures</th></tr><tr><td>1952.</td><td>-</td><td>-</td><td>-</td><td>413</td><td>-346</td><td>-395</td><td>6/</td><td>6/</td><td>-395</td><td>49</td></tr><tr><td>1953.</td><td>-</td><td>-</td><td>-</td><td>441</td><td>-529</td><td>-120</td><td>6/</td><td>5/</td><td>-120</td><td>-410</td></tr><tr><td>1954.</td><td>-</td><td>-29</td><td>9</td><td>435</td><td>-558</td><td>-437</td><td>170</td><td>6/</td><td>-437</td><td>-121</td></tr><tr><td>1955.</td><td>-</td><td>-94</td><td>206</td><td>483</td><td>56 1/</td><td>10 1/</td><td>548</td><td>-872</td><td>99</td><td>56</td></tr><tr><td>1956.</td><td>127</td><td>41</td><td>929</td><td>438</td><td>216</td><td>-8</td><td>39</td><td>-86</td><td>39</td><td>222</td></tr><tr><td>1957.</td><td>223</td><td>3</td><td>102</td><td>692</td><td>-91</td><td>7</td><td>460</td><td>167</td><td>-620</td><td>-98</td></tr><tr><td>1958.</td><td>55</td><td>-42</td><td>176</td><td>617</td><td>-9</td><td>-16</td><td>-70</td><td>-1,222</td><td>1,277</td><td>6</td></tr><tr><td>1960 (Est.)</td><td>-</td><td>980</td><td>800</td><td>774</td><td>-135</td><td>n.a.</td><td>258</td><td>-885</td><td>492</td><td>-408</td></tr><tr><td>1961 (Est.)</td><td>-</td><td>866</td><td>-111</td><td>n.a.</td><td>240</td><td>57</td><td>209</td><td>162</td></tr><tr><td>1959-July.</td><td>-</td><td>-47</td><td>51</td><td>46</td><td>172</td><td>10</td><td>165</td><td>-364</td><td>209</td><td>162</td></tr><tr><td>August.</td><td>-</td><td>-12</td><td>62</td><td>51</td><td>-138</td><td>4</td><td>-92</td><td>-178</td><td>275</td><td>-222</td></tr><tr><td>September</td><td>-</td><td>65</td><td>84</td><td>47</td><td>-186</td><td>-18</td><td>-82</td><td>-79</td><td>123</td><td>-167</td></tr><tr><td>October.</td><td>-</td><td>-92</td><td>91</td><td>54</td><td>190</td><td>-11</td><td>-16</td><td>-117</td><td>123</td><td>201</td></tr><tr><td>November.</td><td>-</td><td>-29</td><td>78</td><td>24</td><td>-200</td><td>2</td><td>174</td><td>-185</td><td>12</td><td>-202</td></tr><tr><td>December.</td><td>-</td><td>18</td><td>83</td><td>67</td><td>-127</td><td>-5</td><td>-96</td><td>52</td><td>39</td><td>-122</td></tr><tr><td>1960-January.</td><td>-</td><td>-71</td><td>71</td><td>58</td><td>302</td><td>3</td><td>292</td><td>61</td><td>-350</td><td>307</td></tr><tr><td>February.</td><td>-</td><td>1</td><td>99</td><td>54</td><td>-179</td><td>5</td><td>-138</td><td>290</td><td>-157</td><td>-186</td></tr></table>
Source: See Table 1.
1/ Includes security transactions of Government-sponsored enterprises beginning 1955 (see Table 1, footnote 1).
2/ Does not include revolving fund receipts representing acquired securities amounting to $1,643,070 (par value); see also Table 4.
3/ Operated as a trust enterprise fund beginning January 1, 1957, at which time the production credit corporations were merged in the Federal intermediate credit banks, pursuant to the Farm Credit Act of 1956 (12 U.S.C. 1027); previously the banks and corporations, respectively, were classified as public enterprise funds, and were included net in budget expenditures. Beginning January 1959 they are classified as Government-sponsored enterprises, and the net transactions of the operating fund were then transferred from the trust fund and included under "Deposit fund accounts."
4/ Secondary market operations, as provided to the Housing Act of 1954.
approved August 2, 1954. (12 U.S.C. 1719). Funds provided by the Treasury (-), or repaid to the Treasury, are shown in a separate column (and correspondingly are reflected net in budget expenditures) Includes District of Columbia operating expenditures; Indian tribal funds; expenditures chargeable against increment on gold; and trust enterprise funds (net) which are not shown separately. The Rail-road Unemployment Insurance Administration Fund is included for the period 1954 through November 1958 (see Table 7), and the Employees' Life Insurance Fund (net) from its establishment in August 1954. Excluded from deposit fund account expenditures and included with similar security transactions of other agencies (see Tables 4 and 5). n.a. Less than $500,000. Not available.
10
Treasury Bulletin
TRUST ACCOUNT AND OTHER TRANSACTIONS
Table 4.- Net Investment by Government Agencies in Public Debt Securities
(In millions of dollars; negative figures are excess of sales)
<table><tr><th>Fiscal year or month</th><th>Total</th><th>Total trust accounts</th><th>Federal Old-Age and Survivors Insurance Trust Fund</th><th>Federal Disability Insurance Trust Fund</th><th>Railroad Retirement Account</th><th>Unemployment Trust Fund</th><th>National Service Life Insurance Fund</th><th>Government Life Insurance Fund</th><th>Federal employees' retirement funds</th><th>Highway Trust Fund</th><th>Federal intermediate credit banks 1/</th><th>Other trust accounts</th></tr><tr><td>1952</td><td>3,636</td><td>3,355</td><td>1,950</td><td>-</td><td>449</td><td>583</td><td>-245</td><td>1</td><td>626</td><td>-</td><td>-</td><td>-6</td></tr><tr><td>1953</td><td>3,301</td><td>3,068</td><td>1,545</td><td>-</td><td>280</td><td>590</td><td>59</td><td>-2</td><td>588</td><td>-</td><td>-</td><td>9</td></tr><tr><td>1954</td><td>2,054</td><td>1,688 2/</td><td>1,522</td><td>-</td><td>202</td><td>-218</td><td>29</td><td>-65</td><td>252</td><td>-</td><td>-</td><td>1</td></tr><tr><td>1955</td><td>1,362 3/</td><td>1,236</td><td>1,241 4/</td><td>-</td><td>141</td><td>-545</td><td>73</td><td>-1</td><td>314</td><td>-</td><td>-</td><td>14</td></tr><tr><td>1956</td><td>2,617 5/</td><td>2,516 5/</td><td>1,463</td><td>-</td><td>121</td><td>258</td><td>135</td><td>-16</td><td>548</td><td>-</td><td>-</td><td>8 5/</td></tr><tr><td>1957</td><td>2,300</td><td>2,263</td><td>220</td><td>325</td><td>36</td><td>274</td><td>89</td><td>-16</td><td>803</td><td>404</td><td>99</td><td>28</td></tr><tr><td>1958</td><td>197</td><td>106</td><td>-499</td><td>729</td><td>-33</td><td>-1,255</td><td>95</td><td>-56</td><td>671</td><td>418</td><td>*</td><td>36</td></tr><tr><td>1959</td><td>-1,112</td><td>-1,211</td><td>-1,290</td><td>552</td><td>-35</td><td>-1,011</td><td>76</td><td>-17</td><td>958</td><td>-399</td><td>-100</td><td>45</td></tr><tr><td>1960 (Est.)</td><td>369</td><td>208</td><td>-1,012</td><td>517</td><td>244</td><td>-88</td><td>85</td><td>-17</td><td>814</td><td>-429</td><td>-</td><td>94</td></tr><tr><td>1961 (Est.)</td><td>1,954</td><td>1,769</td><td>-33</td><td>476</td><td>71</td><td>305</td><td>104</td><td>-14</td><td>774</td><td>-</td><td>-</td><td>87</td></tr><tr><td>1959-July</td><td>-671</td><td>-696</td><td>-681</td><td>22</td><td>197</td><td>-96</td><td>-10</td><td>-3</td><td>55</td><td>-178</td><td>-</td><td>7</td></tr><tr><td>August</td><td>666</td><td>666</td><td>303</td><td>69</td><td>-12</td><td>407</td><td>-10</td><td>-5</td><td>60</td><td>-160</td><td>-</td><td>-5</td></tr><tr><td>September</td><td>-317</td><td>-329</td><td>-172</td><td>44</td><td>-31</td><td>-114</td><td>-7</td><td>-3</td><td>48</td><td>-91</td><td>-</td><td>-3</td></tr><tr><td>October</td><td>-667</td><td>-682</td><td>-557</td><td>-16</td><td>-88</td><td>-87</td><td>-8</td><td>-5</td><td>50</td><td>-</td><td>-</td><td>29</td></tr><tr><td>November</td><td>67</td><td>12</td><td>-204</td><td>20</td><td>-21</td><td>169</td><td>-7</td><td>-6</td><td>49</td><td>-</td><td>-</td><td>11</td></tr><tr><td>December</td><td>12</td><td>-12</td><td>-13</td><td>48</td><td>-9</td><td>-112</td><td>-8</td><td>-5</td><td>58</td><td>-</td><td>-</td><td>28</td></tr><tr><td>1960-January</td><td>-764</td><td>-891</td><td>-619</td><td>-47</td><td>-79</td><td>-200</td><td>-6</td><td>-3</td><td>53</td><td>18</td><td>-</td><td>-8</td></tr><tr><td>February</td><td>160</td><td>186</td><td>24</td><td>41</td><td>-7</td><td>-28</td><td>93</td><td>18</td><td>64</td><td>-18</td><td>-</td><td>*</td></tr></table>
<table><tr><th rowspan="2">Fiscal year or month</th><th colspan="6">Public enterprise funds</th><th colspan="5">Government-sponsored enterprises</th></tr><tr><th>Total public enterprise funds</th><th>Federal Housing Administration</th><th>Federal intermediate credit banks 1/</th><th>Production credit corporations 1/</th><th>Federal National Mortgage Association 5/</th><th>Federal Savings and Loan Insurance Corp.</th><th>Other</th><th>Total Government-sponsored enterprises</th><th>Banks for cooperatives</th><th>Federal Deposit Insurance Corp.</th><th>Federal home loan banks</th><th>Federal intermediate credit banks 1/</th></tr><tr><td>1952</td><td>101</td><td>21</td><td>71</td><td>3</td><td>-</td><td>7</td><td>-</td><td>179</td><td>*</td><td>84</td><td>95</td><td>-</td></tr><tr><td>1953</td><td>79</td><td>59</td><td>4</td><td>8</td><td>-</td><td>9</td><td>-</td><td>153</td><td>5</td><td>87</td><td>61</td><td>-</td></tr><tr><td>1954</td><td>-77</td><td>-86</td><td>-1</td><td>-3</td><td>-</td><td>11</td><td>3</td><td>123 2/</td><td>9</td><td>102</td><td>314</td><td>18</td></tr><tr><td colspan="13">Memorandum</td></tr><tr><td>1955</td><td>126</td><td>95 2/</td><td>10</td><td>*</td><td>1</td><td>13</td><td>7</td><td>170</td><td>-10</td><td>98</td><td>82</td><td>*</td></tr><tr><td>1956</td><td>101</td><td>69</td><td>-</td><td>-2</td><td>10</td><td>15</td><td>9</td><td>548</td><td>-</td><td>104</td><td>425</td><td>19</td></tr><tr><td>1957</td><td>36</td><td>78</td><td>-60</td><td>-40</td><td>25</td><td>18</td><td>14 2/</td><td>39</td><td>2</td><td>104</td><td>-67</td><td>1</td></tr><tr><td>1958</td><td>91</td><td>51</td><td>-</td><td>-</td><td>6</td><td>19</td><td>14</td><td>160</td><td>-1</td><td>115</td><td>346</td><td>*</td></tr><tr><td>1959</td><td>102</td><td>53</td><td>-</td><td>-</td><td>14</td><td>17</td><td>18</td><td>-70</td><td>-</td><td>124</td><td>-299</td><td>1</td></tr><tr><td>1960 (Est.)</td><td>161</td><td>92</td><td>-</td><td>-</td><td>-</td><td>50</td><td>19</td><td>258</td><td>-</td><td>133</td><td>125</td><td>-</td></tr><tr><td>1961 (Est.)</td><td>185</td><td>113</td><td>-</td><td>-</td><td>-6</td><td>57</td><td>20</td><td>240</td><td>-</td><td>140</td><td>100</td><td>-</td></tr><tr><td>1959-July</td><td>16</td><td>9</td><td>-</td><td>-</td><td>*</td><td>5</td><td>2</td><td>165</td><td>-</td><td>1</td><td>164</td><td>-</td></tr><tr><td>August</td><td>19</td><td>16</td><td>-</td><td>-</td><td>*</td><td>2</td><td>1</td><td>-92</td><td>4</td><td>6</td><td>-103</td><td>-</td></tr><tr><td>September</td><td>12</td><td>7</td><td>-</td><td>-</td><td>*</td><td>3</td><td>1</td><td>-82</td><td>-4</td><td>-</td><td>-78</td><td>-</td></tr><tr><td>October</td><td>15</td><td>10</td><td>-</td><td>-</td><td>1</td><td>3</td><td>1</td><td>-16</td><td>-</td><td>3</td><td>-20</td><td>1</td></tr><tr><td>November</td><td>56</td><td>-</td><td>-</td><td>-</td><td>4</td><td>6</td><td>46 8/</td><td>174</td><td>-</td><td>6</td><td>168</td><td>-</td></tr><tr><td>December</td><td>24</td><td>18</td><td>-</td><td>-</td><td>2</td><td>3</td><td>1</td><td>-96</td><td>-</td><td>7</td><td>-103</td><td>*</td></tr><tr><td>1960-January</td><td>127</td><td>6</td><td>-</td><td>-</td><td>115</td><td>5</td><td>2</td><td>292</td><td>-</td><td>74</td><td>217</td><td>1</td></tr><tr><td>February</td><td>-26</td><td>-</td><td>-</td><td>-</td><td>-36</td><td>3</td><td>7</td><td>-128</td><td>-</td><td>17</td><td>-145</td><td>-</td></tr></table>
Source: See Table 1.
1/ See Table 3, footnote 3. Investment by the banks and corporations as public enterprise funds through 1953 includes only those transactions cleared through the account of the Treasurer of the United States.
2/ Explanation of difference from Budget figures, beginning 1954, see "Cash Income and Outgo," Table 7, footnote 1.
3/ Excludes net investment by Government-sponsored enterprises beginning with the fiscal year 1955 (see Table 1, footnote 1).
4/ Includes net sale of $300 million for adjustment of excess transfers of tax receipts in 1952 and 1953 (see "Budget Receipts and Expenditures," Table 1, footnote 16).
5/ Does not include investments representing acquired securities amounting to $1,643,070 (par value) and donation of securities amounting to $45,800 (par value); see also Tables 2 and 3.
6/ Management and liquidating functions as provided by the Housing Act of 1954, approved August 2, 1954. (12 U.S.C. 1721). Investment is all in guaranteed securities.
7/ Beginning with this period, figures include net transactions in guaranteed securities. See also footnote 6.
8/ Includes $45 million investment by Tennessee Valley Authority.
* Less than $500,000.
April 1960
11
TRUST ACCOUNT AND OTHER TRANSACTIONS
Table 5.- Net Redemption or Sale of Obligations of Government Agencies in the Market
(In millions of dollars; negative figures are excess of sales)
<table><tr><th rowspan="2">Fiscal year or month</th><th rowspan="2">Total</th><th colspan="4">Securities guaranteed by the United States</th><th colspan="4">Securities not guaranteed by the United States</th></tr><tr><th>Total guaranteed</th><th>Commodity Credit Corporation</th><th>Federal Farm Mortgage Corporation</th><th>Federal Housing Administration</th><th>Home Owners' Loan Corporation</th><th>Total not guaranteed</th><th>Total public and trust enterprise funds</th><th>Federal intermediate credit banks 1/</th><th>Federal National Mortgage Association 2/</th><th>Home Owners' Loan Corporation</th></tr><tr><td>1952</td><td>72</td><td>-16</td><td>-1</td><td>*</td><td>-16</td><td>*</td><td>89</td><td>-98</td><td>-98</td><td>*</td><td>*</td></tr><tr><td>1953</td><td>25</td><td>-7</td><td>1</td><td>*</td><td>-7</td><td>*</td><td>32</td><td>65</td><td>65</td><td>*</td><td>*</td></tr><tr><td>1954</td><td>4</td><td>-29</td><td>*</td><td>*</td><td>-30</td><td>*</td><td>33</td><td>44</td><td>44</td><td>*</td><td>*</td></tr><tr><td>1955</td><td>-602 2/</td><td>37</td><td>*</td><td>*</td><td>37</td><td>*</td><td>-639 2/</td><td>-639</td><td>-69</td><td>-570</td><td>*</td></tr><tr><td>1956</td><td>-173</td><td>-30</td><td>*</td><td>*</td><td>-30</td><td>*</td><td>-144</td><td>-144</td><td>-44</td><td>*</td><td>*</td></tr><tr><td>1957</td><td>-1,085</td><td>-33</td><td>*</td><td>*</td><td>-33</td><td>*</td><td>-1,052</td><td>-1,052</td><td>136</td><td>*</td><td>*</td></tr><tr><td>1958</td><td>-567</td><td>6</td><td>*</td><td>*</td><td>6</td><td>*</td><td>-573</td><td>-573</td><td>*</td><td>-233</td><td>*</td></tr><tr><td>1959</td><td>-71</td><td>-10</td><td>*</td><td>*</td><td>-10</td><td>*</td><td>-61</td><td>-61</td><td>*</td><td>6</td><td>*</td></tr><tr><td>1960 (Est.)</td><td>-985</td><td>-5</td><td>*</td><td>*</td><td>-5</td><td>*</td><td>-980</td><td>-980</td><td>*</td><td>*</td><td>*</td></tr><tr><td>1961 (Est.)</td><td>-906</td><td>9</td><td>*</td><td>*</td><td>9</td><td>*</td><td>-915 4/</td><td>-915 4/</td><td>*</td><td>*</td><td>*</td></tr><tr><td>1959-July</td><td>1</td><td>1</td><td>*</td><td>*</td><td>1</td><td>*</td><td>*</td><td>*</td><td>*</td><td>*</td><td>*</td></tr><tr><td>August</td><td>-51</td><td>-1</td><td>*</td><td>*</td><td>-1</td><td>*</td><td>-50</td><td>-50</td><td>*</td><td>*</td><td>*</td></tr><tr><td>September</td><td>-155</td><td>-5</td><td>*</td><td>*</td><td>-5</td><td>*</td><td>-150</td><td>-150</td><td>*</td><td>*</td><td>*</td></tr><tr><td>October</td><td>-3</td><td>-2</td><td>*</td><td>*</td><td>-2</td><td>*</td><td>*</td><td>*</td><td>*</td><td>*</td><td>*</td></tr><tr><td>November</td><td>-56</td><td>-6</td><td>*</td><td>*</td><td>-6</td><td>*</td><td>-50</td><td>-50</td><td>*</td><td>*</td><td>*</td></tr><tr><td>December</td><td>-102</td><td>-2</td><td>*</td><td>*</td><td>-2</td><td>*</td><td>-100</td><td>-100</td><td>*</td><td>*</td><td>*</td></tr><tr><td>1960-January</td><td>-3</td><td>-3</td><td>*</td><td>*</td><td>-3</td><td>*</td><td>*</td><td>*</td><td>*</td><td>*</td><td>*</td></tr><tr><td>February</td><td>-105</td><td>-5</td><td>*</td><td>*</td><td>-5</td><td>*</td><td>-100</td><td>-100</td><td>*</td><td>*</td><td>*</td></tr><tr><th>Fiscal year or month</th><th colspan="2">Trust enterprise funds</th><th colspan="6">Government-sponsored enterprises</th></tr><tr><th></th><th>Federal intermediate credit banks 1/</th><th>Federal National Mortgage Association 5/</th><th>Total Government-sponsored enterprises</th><th>Banks for cooperatives</th><th>Federal home loan banks</th><th>Federal intermediate credit banks 1/</th><th>Federal land banks</th></tr><tr><td>1952</td><td>*</td><td>*</td><td>186</td><td>*</td><td>285</td><td>*</td><td>-99</td></tr><tr><td>1953</td><td>*</td><td>*</td><td>-33</td><td>*</td><td>12</td><td>*</td><td>-45</td></tr><tr><td>1954</td><td>*</td><td>*</td><td>-11</td><td>*</td><td>136</td><td>*</td><td>-145</td></tr><tr><td>1955</td><td>*</td><td>*</td><td>-269</td><td>10</td><td>-226</td><td>*</td><td>-53</td></tr><tr><td>1956</td><td>-298</td><td>-100</td><td>-872</td><td>-23</td><td>-588</td><td>*</td><td>-261</td></tr><tr><td>1957</td><td>-225</td><td>-350</td><td>-486</td><td>-46</td><td>191</td><td>*</td><td>-230</td></tr><tr><td>1958</td><td>58</td><td>-115</td><td>167</td><td>-20</td><td>282</td><td>*</td><td>-95</td></tr><tr><td>1959</td><td>*</td><td>-125</td><td>-1,222</td><td>-86</td><td>-554</td><td>-340</td><td>-242</td></tr><tr><td>1960 (Est.)</td><td>*</td><td>-980</td><td>-885</td><td>-30</td><td>-400</td><td>-275</td><td>-180</td></tr><tr><td>1961 (Est.)</td><td>*</td><td>-800</td><td>57</td><td>-35</td><td>392</td><td>-200</td><td>-100</td></tr><tr><td>1959-July</td><td>*</td><td>*</td><td>-364</td><td>*</td><td>-310</td><td>-54</td><td>*</td></tr><tr><td>August</td><td>*</td><td>-50</td><td>-178</td><td>-35</td><td>-25</td><td>-20</td><td>-98</td></tr><tr><td>September</td><td>*</td><td>-150</td><td>-79</td><td>*</td><td>-85</td><td>6</td><td>*</td></tr><tr><td>October</td><td>*</td><td>*</td><td>-117</td><td>-36</td><td>-134</td><td>52</td><td>*</td></tr><tr><td>November</td><td>*</td><td>-50</td><td>-185</td><td>*</td><td>-240</td><td>55</td><td>*</td></tr><tr><td>December</td><td>*</td><td>-100</td><td>52</td><td>-8</td><td>-</td><td>60</td><td>*</td></tr><tr><td>1960-January</td><td>*</td><td>*</td><td>61</td><td>*</td><td>79</td><td>21</td><td>-39</td></tr><tr><td>February</td><td>*</td><td>-100</td><td>290</td><td>3</td><td>346</td><td>-39</td><td>-20</td></tr></table>
Source: See Table 1.
1/ Classified as a public enterprise fund prior to January 1, 1957, as a trust enterprise fund January 1, 1957, to January 1, 1959; and as a Government-sponsored enterprise thereafter (see Table 3, footnote 3).
2/ Management and liquidating functions.
2/ Beginning 1955 excludes net transactions of Government-sponsored enterprises (see Table 3).
4/ Total includes $115 million for Tennessee Valley Authority.
5/ Secondary market operations.
* Less than $500,000.
12
Treasury Bulletin
CASH INCOME AND OUTGO
The cash income and outgo data appearing in the "Treasury Bulletin," beginning with the February 1956 issue, are on a basis consistent with receipts from and payments to the public as derived in the 1957 and subsequent Budgets of the United States, Special Analyse A. Reconciliation to cash deposits and withdrawals in the account of the Treasurer of the United States is shown on the same basis as in the Budget documents. There is also shown the amount of net cash borrowing from, or repayment of borrowing to, the public. By these arrangements, data in accordance with the Budget classifications are made available month by month. Figures for back years have been revised where necessary in order to make them as nearly comparable with the Budget classifications as available data will permit. For this reason certain of the figures differ somewhat from those published in earlier Budget documents as well as in the Bulletin.
The Budget series of cash transactions is designed to provide information on the flow of money between the public and the Federal Government as a whole, and therefore includes transactions not cleared through the Treasurer's account. Receipts and payments include transactions both in budget accounts and in trust and deposit fund accounts. Operations of Government-sponsored enterprises are included in payments on a net basis as reflected in Treasury reports. Major intragovernmental transactions which are reported as both expenditures and receipts are eliminated from both. Noncash items which represent accrued obligations of the Government to make payments in the future are also eliminated from expenditures but are added later when actual payments are made. Receipts from the exercise of monetary authority (mostly seigniorage on silver) are excluded as not
representing cash received from the public. Federal cash borrowing from the public includes net borrowing by the Treasury through public debt transactions and also net borrowing by Government agencies and Government-sponsored enterprises through sales of their own securities. It excludes changes in the public debt which do not represent direct cash borrowing from the public. The net effect of all these transactions with the public is reflected in changes in the balance in the Treasurer's account and in cash held outside the Treasury.
Cash transactions through the Treasurer's account are similar in general concept to those included in the Budget series, but are limited in coverage to transactions which affect the balance in that account. On the other hand, they include receipts from the exercise of monetary authority, which are excluded from receipts from the public in the Budget series.
Beginning with figures for the fiscal year 1953, the series of transactions with the public is based on the "Monthly Statement of Receipts and Expenditures of the United States Government," which is compiled from reports by all collecting and disbursing officers and includes those transactions not cleared through the Treasurer's account. Cash deposits and withdrawals in the Treasurer's account, beginning with the figures for the same year, are reported in daily Treasury statements. For those years prior to 1953 both cash transactions series are based on a single source, namely, the earlier basis of daily Treasury statements which reported separate classifications for budget results, trust account transactions, etc.
April 1960
13
CASH INCOME AND OUTGO
Table 1.- Summary of Federal Government Cash Transactions with the Public
(In millions of dollars)
<table><tr><th rowspan="2">Fiscal year or month</th><th colspan="3">Net cash transactions with the public other than borrowing</th><th rowspan="2">Flus: Net cash borrowing from the public, or repayment (-)</th><th rowspan="2">Flus: Receipts from exercise of monetary authority</th><th colspan="2">Equals: Change in cash balances</th></tr><tr><th>Federal receipts from the public</th><th>Federal payments to the public</th><th>Excess of receipts, or payments (-)</th><th>Treasurer's account balance, increase, or decrease (-)</th><th>Cash held outside Treasury, increase, or decrease (-)</th></tr><tr><td>1952</td><td>68,013</td><td>67,964</td><td>49</td><td>-505</td><td>68</td><td>-388</td><td>-</td></tr><tr><td>1953</td><td>71,499</td><td>76,773</td><td>-5,274</td><td>2,919</td><td>56</td><td>-2,299</td><td>-</td></tr><tr><td>1954</td><td>71,627</td><td>71,860</td><td>-232</td><td>2,512</td><td>73</td><td>2,096</td><td>257</td></tr><tr><td>1955</td><td>67,836</td><td>70,538</td><td>-2,702</td><td>1,809</td><td>29</td><td>-551</td><td>-312</td></tr><tr><td>1956</td><td>77,088</td><td>72,617</td><td>4,471</td><td>-4,366</td><td>23</td><td>331</td><td>-202</td></tr><tr><td>1957</td><td>82,107</td><td>80,008</td><td>2,099</td><td>-3,100</td><td>49</td><td>-956</td><td>5</td></tr><tr><td>1958</td><td>81,893</td><td>83,413</td><td>-1,520</td><td>5,760</td><td>59</td><td>4,159</td><td>140</td></tr><tr><td>1959</td><td>81,660</td><td>94,804</td><td>-13,144</td><td>8,678</td><td>44</td><td>-4,399</td><td>-23</td></tr><tr><td>1960 (Est.)</td><td>94,796</td><td>95,338</td><td>-542</td><td>414</td><td>40</td><td>-</td><td>-88</td></tr><tr><td>1961 (Est.)</td><td>102,178</td><td>96,257</td><td>5,921</td><td>-5,969</td><td>48</td><td>-</td><td>-</td></tr><tr><td>1959-July</td><td>3,973</td><td>8,171</td><td>-4,198</td><td>4,606</td><td>1</td><td>486</td><td>-77</td></tr><tr><td>August</td><td>7,903</td><td>8,498</td><td>-594</td><td>1,339</td><td>3</td><td>781</td><td>-33</td></tr><tr><td>September</td><td>9,488</td><td>7,709</td><td>1,779</td><td>-1,457</td><td>4</td><td>399</td><td>-73</td></tr><tr><td>October</td><td>3,678</td><td>7,894</td><td>-4,216</td><td>3,656</td><td>6</td><td>-641</td><td>86</td></tr><tr><td>November</td><td>7,579</td><td>8,228</td><td>-649</td><td>-763</td><td>5</td><td>-1,408</td><td>1</td></tr><tr><td>December</td><td>8,163</td><td>7,795</td><td>368</td><td>233</td><td>5</td><td>615</td><td>-10</td></tr><tr><td>1960-January</td><td>5,461</td><td>6,767</td><td>-1,306</td><td>554</td><td>4</td><td>-722</td><td>-26</td></tr><tr><td>February</td><td>9,231</td><td>8,075</td><td>1,156</td><td>-744</td><td>5</td><td>450</td><td>-33</td></tr><tr><td>1960 to date</td><td>55,476</td><td>63,137</td><td>-7,661</td><td>7,424</td><td>34</td><td>-39</td><td>-164</td></tr></table>
Source: Actual figures for 1952 are based on the daily Treasury statement and thereafter they are based in part also on the monthly statement of receipts and expenditures of the Government
(for explanation of reporting bases, see page 11); estimates are from the 1961 Budget document, released January 18, 1960, including effects of proposed legislation.
Table 2.- Summary of Cash Transactions through the Account of the Treasurer of the United States
(In millions of dollars)
<table><tr><th>Fiscal year or month</th><th colspan="3">Net cash transactions other than borrowing</th><th>Plus: Net cash borrowing, or repayment of borrowing (-)</th><th>Equals: Treasurer's account balance, increase, or decrease (-)</th></tr><tr><th></th><th>Cash deposits</th><th>Cash withdrawals</th><th>Excess of deposits, or withdrawals (-)</th><th></th><th></th></tr><tr><td>1952</td><td>68,081</td><td>67,794</td><td>287</td><td>-674</td><td>-388</td></tr><tr><td>1953</td><td>71,345</td><td>76,107</td><td>-5,062</td><td>2,763</td><td>-2,299</td></tr><tr><td>1954</td><td>71,815</td><td>71,974</td><td>-159</td><td>2,255</td><td>2,096</td></tr><tr><td>1955</td><td>67,758</td><td>69,888</td><td>-2,130</td><td>1,579</td><td>-551</td></tr><tr><td>1956</td><td>77,079</td><td>71,984</td><td>5,096</td><td>-4,765</td><td>331</td></tr><tr><td>1957</td><td>81,875</td><td>79,183</td><td>2,692</td><td>-3,648</td><td>-956</td></tr><tr><td>1958</td><td>82,094</td><td>83,188</td><td>-1,094</td><td>5,253</td><td>4,159</td></tr><tr><td>1959</td><td>81,612</td><td>94,042</td><td>-12,430</td><td>8,032</td><td>-4,399</td></tr><tr><td>1960 (Est.)</td><td>94,836</td><td>95,250</td><td>-414</td><td>414</td><td>-</td></tr><tr><td>1961 (Est.)</td><td>102,226</td><td>96,257</td><td>5,969</td><td>-5,969</td><td>-</td></tr><tr><td>1959-July</td><td>3,455</td><td>7,505</td><td>-4,051</td><td>4,537</td><td>486</td></tr><tr><td>August</td><td>8,199</td><td>8,680</td><td>-481</td><td>1,261</td><td>781</td></tr><tr><td>September</td><td>9,563</td><td>7,684</td><td>1,879</td><td>-1,480</td><td>399</td></tr><tr><td>October</td><td>3,441</td><td>7,724</td><td>-4,283</td><td>3,642</td><td>-641</td></tr><tr><td>November</td><td>7,600</td><td>8,240</td><td>-640</td><td>-768</td><td>-1,408</td></tr><tr><td>December</td><td>8,286</td><td>7,890</td><td>396</td><td>219</td><td>615</td></tr><tr><td>1960-January</td><td>5,397</td><td>6,757</td><td>-1,360</td><td>638</td><td>-722</td></tr><tr><td>February</td><td>8,909</td><td>7,559</td><td>1,351</td><td>-901</td><td>450</td></tr><tr><td>1960 to date</td><td>54,851</td><td>62,039</td><td>-7,188</td><td>7,149</td><td>-39</td></tr></table>
Source: Actual figures are based on the daily Treasury statement; estimates are from the 1961 Budget document, released January 18, 1960, including effects of proposed legislation.
in the first four columns of this table may differ somewhat from those originally published in the daily Treasury statement because of subsequent reclassification of certain transactions.
14
Treasury Bulletin
CASH INCOME AND OUTGO
Table 3.- Derivation of Federal Government Receipts from the Public, and Reconciliation to Cash Deposits in the Account of the Treasurer of the United States
(In millions of dollars)
<table><tr><th>Fiscal year or month</th><th colspan="3">Receipts</th><th>Less: Intragovernmental transactions (See Table 5)</th><th colspan="3">Deductions from receipts</th><th>Equals: Federal receipts from the public</th><th colspan="2">Reconciliation to cash transactions in Treasurer's account</th><th>Equals: Cash deposits in the Treasurer's account</th></tr><tr><th></th><th>Budget (net)</th><th>Trust account</th><th>Total</th><th></th><th>Excess profits tax refund bond redemptions 1/</th><th>Receipts from exercise of monetary authority 2/</th><th>Total deductions</th><th></th><th>Plus: Receipts from exercise of monetary authority 2/</th><th>Adjustment for net difference due to reporting method (see also Table 4)</th><th></th></tr><tr><td>1952</td><td>61,391</td><td>8,807</td><td>70,198</td><td>2,116</td><td>1</td><td>68</td><td>2,185</td><td>68,013</td><td>68</td><td>-</td><td>68,081</td></tr><tr><td>1953</td><td>64,825</td><td>8,929</td><td>73,754</td><td>2,199</td><td>*</td><td>56</td><td>2,255</td><td>71,499</td><td>56</td><td>-210</td><td>71,285</td></tr><tr><td>1954</td><td>64,655</td><td>9,155</td><td>73,811</td><td>2,110</td><td>*</td><td>73</td><td>2,183</td><td>71,627</td><td>73</td><td>114</td><td>71,741</td></tr><tr><td>1955</td><td>60,390</td><td>9,536</td><td>69,926</td><td>2,061</td><td>*</td><td>29</td><td>2,090</td><td>67,836</td><td>29</td><td>-107</td><td>67,729</td></tr><tr><td>1956</td><td>68,165</td><td>11,685</td><td>79,851</td><td>2,739</td><td>*</td><td>23</td><td>2,763</td><td>77,088</td><td>23</td><td>-32</td><td>77,056</td></tr><tr><td>1957</td><td>71,029</td><td>12,369</td><td>85,397</td><td>3,242</td><td>*</td><td>49</td><td>3,290</td><td>82,107</td><td>49</td><td>-281</td><td>81,826</td></tr><tr><td>1958</td><td>69,117</td><td>16,329</td><td>85,446</td><td>3,493</td><td>*</td><td>59</td><td>3,553</td><td>81,893</td><td>59</td><td>141</td><td>82,034</td></tr><tr><td>1959</td><td>68,270</td><td>17,084</td><td>85,355</td><td>3,650</td><td>*</td><td>44</td><td>3,694</td><td>81,660</td><td>44</td><td>-93</td><td>81,567</td></tr><tr><td>1960 (Est.)</td><td>78,600</td><td>20,696</td><td>99,296</td><td>4,460</td><td>*</td><td>40</td><td>4,500</td><td>94,796</td><td>40</td><td>-</td><td>94,756</td></tr><tr><td>1961 (Est.)</td><td>84,000</td><td>22,547</td><td>106,547</td><td>4,321</td><td>*</td><td>48</td><td>4,369</td><td>102,178</td><td>48</td><td>-</td><td>102,226</td></tr><tr><td>1959- July</td><td>3,266</td><td>1,211</td><td>4,460</td><td>486</td><td>*</td><td>1</td><td>487</td><td>3,973</td><td>1</td><td>-519</td><td>3,455</td></tr><tr><td>August</td><td>5,679</td><td>2,444</td><td>8,124</td><td>217</td><td>*</td><td>3</td><td>220</td><td>7,903</td><td>3</td><td>293</td><td>8,199</td></tr><tr><td>September</td><td>8,486</td><td>1,236</td><td>9,722</td><td>230</td><td>*</td><td>4</td><td>234</td><td>9,488</td><td>4</td><td>71</td><td>9,563</td></tr><tr><td>October</td><td>3,023</td><td>1,009</td><td>4,032</td><td>348</td><td>*</td><td>6</td><td>354</td><td>3,678</td><td>6</td><td>-243</td><td>3,435</td></tr><tr><td>November</td><td>5,897</td><td>2,001</td><td>7,901</td><td>316</td><td>*</td><td>5</td><td>321</td><td>7,579</td><td>5</td><td>16</td><td>7,596</td></tr><tr><td>December</td><td>7,582</td><td>1,474</td><td>9,057</td><td>889</td><td>*</td><td>5</td><td>894</td><td>8,163</td><td>5</td><td>118</td><td>8,281</td></tr><tr><td>1960- January</td><td>4,909</td><td>828</td><td>5,737</td><td>272</td><td>*</td><td>4</td><td>277</td><td>5,461</td><td>4</td><td>-68</td><td>5,393</td></tr><tr><td>February</td><td>7,265</td><td>2,329</td><td>9,595</td><td>359</td><td>*</td><td>5</td><td>364</td><td>9,231</td><td>5</td><td>-327</td><td>8,904</td></tr></table>
Source: See Table 1. Details of basic receipt figures appear in preceding sections in the Bulletin. 1/ Treated as noncash refund deductions from receipts when issued and as cash refund deductions when redeemed.
2/ Consists of seigniorage and the increment resulting from reduction in the weight of the gold dollar; excluded from receipts from the public but included in cash deposits in the Treasurer's account.
* Less than $500,000.
Table 4.- Derivation of Federal Government Payments to the Public, and Reconciliation to Cash Withdrawals from the Account of the Treasurer of the United States
(In millions of dollars)
<table><tr><th>Fiscal year or month</th><th colspan="3">Expenditures</th><th colspan="2">Less: Deductions from expenditures</th><th>Equals: Federal payments to the public</th><th colspan="2">Reconciliation to cash transactions in the Treasurer's account</th><th>Equals: Cash with drawaals from the Treasurer's account</th></tr><tr><th></th><th>Budget</th><th>Trust and deposit fund account</th><th>Government-sponsored enterprise (net) 1/</th><th>Total</th><th>Intra-governmental transactions (See Table 5)</th><th>Accrued interest and other noncash expenditures (See Table 6)</th><th>Less: Payments to the public not reflected in the Treasurer's account From cash held outside the Treasury 2/</th><th>From proceeds of sales in the market of agency obligations and public debt securities (See Table 7)</th><th>Adjustment for net difference due to reporting method (See also Table 3)</th></tr><tr><td>1952</td><td>65,408</td><td>5,317</td><td>-366</td><td>70,359</td><td>2,116</td><td>279</td><td>67,964</td><td>-</td><td>170</td><td>-</td><td>67,794</td></tr><tr><td>1953</td><td>74,274</td><td>5,288</td><td>-119</td><td>79,443</td><td>2,199</td><td>472</td><td>76,773</td><td>-</td><td>155</td><td>-210</td><td>76,407</td></tr><tr><td>1954</td><td>67,772</td><td>7,204 2/</td><td>-435 2/</td><td>74,542</td><td>2,110</td><td>572</td><td>71,860</td><td>-257</td><td>256</td><td>114</td><td>71,974</td></tr><tr><td>1955</td><td>64,570</td><td>8,546</td><td>98</td><td>73,214</td><td>2,061</td><td>615</td><td>70,538</td><td>312</td><td>230</td><td>-107</td><td>69,888</td></tr><tr><td>1956</td><td>66,540</td><td>9,436 6/</td><td>324</td><td>76,299</td><td>2,739</td><td>943</td><td>72,617</td><td>202</td><td>399</td><td>-32</td><td>71,982</td></tr><tr><td>1957</td><td>69,433</td><td>12,961</td><td>45</td><td>82,439</td><td>3,242</td><td>-811</td><td>80,008</td><td>-5</td><td>549</td><td>-281</td><td>79,183</td></tr><tr><td>1958</td><td>71,936</td><td>16,069</td><td>-629</td><td>87,277</td><td>3,449</td><td>470</td><td>83,413</td><td>-110</td><td>506</td><td>111</td><td>83,188</td></tr><tr><td>1959</td><td>80,697</td><td>18,597</td><td>1,290</td><td>100,585</td><td>3,650</td><td>2,131</td><td>96,804</td><td>23</td><td>646</td><td>-93</td><td>94,042</td></tr><tr><td>1960 (Est.)</td><td>78,383</td><td>21,510</td><td>627</td><td>100,520</td><td>4,460</td><td>722</td><td>95,338</td><td>88</td><td>-</td><td>-</td><td>95,250</td></tr><tr><td>1961 (Est.)</td><td>79,816</td><td>21,278</td><td>-297</td><td>100,797</td><td>4,321</td><td>219</td><td>96,257</td><td>-</td><td>-</td><td>-</td><td>96,257</td></tr><tr><td>1959-July</td><td>6,557</td><td>2,174</td><td>199</td><td>8,931</td><td>486</td><td>274</td><td>8,171</td><td>77</td><td>69</td><td>-519</td><td>7,505</td></tr><tr><td>August</td><td>6,305</td><td>1,528</td><td>271</td><td>8,104</td><td>217</td><td>-610</td><td>8,498</td><td>33</td><td>78</td><td>293</td><td>8,680</td></tr><tr><td>September</td><td>6,357</td><td>1,735</td><td>161</td><td>8,253</td><td>230</td><td>314</td><td>7,709</td><td>73</td><td>23</td><td>71</td><td>7,684</td></tr><tr><td>October</td><td>6,868</td><td>1,886</td><td>133</td><td>8,888</td><td>318</td><td>646</td><td>7,894</td><td>-86</td><td>14</td><td>-243</td><td>7,774</td></tr><tr><td>November</td><td>6,598</td><td>1,496</td><td>10</td><td>8,105</td><td>316</td><td>-440</td><td>8,228</td><td>-1</td><td>6</td><td>16</td><td>8,240</td></tr><tr><td>December</td><td>6,844</td><td>1,748</td><td>44</td><td>8,636</td><td>889</td><td>-48</td><td>7,795</td><td>10</td><td>13</td><td>118</td><td>7,890</td></tr><tr><td>1960-January</td><td>6,199</td><td>1,974</td><td>-353</td><td>7,820</td><td>272</td><td>781</td><td>6,767</td><td>26</td><td>-84</td><td>-68</td><td>6,757</td></tr><tr><td>February</td><td>6,170</td><td>1,613</td><td>-162</td><td>7,622</td><td>359</td><td>-812</td><td>8,075</td><td>33</td><td>156</td><td>-327</td><td>7,553</td></tr></table>
Source: See Table 1. Details of basic expenditure figures appear in preceding sections in the Bulletin.
Footnotes follow Table 7.
April 1960
15
CASH INCOME AND OUTGO
Table 5.- Intragovernmental Transactions Excluded from Both Receipts and Payments
(In millions of dollars)
<table><tr><th>Fiscal year or month</th><th colspan="2">Budget receipts which are also budget expenditures</th><th>Budget receipts which are also trust fund expenditures 2/</th><th>Budget receipts which are also Government-sponsored enterprise expenditures 2/</th><th colspan="4">Trust fund receipts which are also budget expenditures</th><th>Trust fund receipts which are also trust fund expenditures 5/</th><th>Total</th></tr><tr><th></th><th>Interest paid to Treasury by public enterprise fund</th><th>Other 1/</th><th></th><th></th><th>Interest on investment in public debt securities</th><th>Interest on uninvested trust funds</th><th>Payroll deductions for employees' retirement 4/</th><th>Other 5/</th><th></th><th></th></tr><tr><td>1952</td><td>102</td><td>*</td><td>25</td><td>10</td><td>987</td><td>5</td><td>411</td><td>573</td><td>3</td><td>2,116</td></tr><tr><td>1953</td><td>144</td><td>6</td><td>59</td><td>-</td><td>1,091</td><td>5</td><td>420</td><td>463</td><td>7</td><td>2,199</td></tr><tr><td>1954</td><td>228</td><td>6</td><td>68</td><td>-</td><td>1,188</td><td>5</td><td>430</td><td>167</td><td>18</td><td>2,110</td></tr><tr><td>1955</td><td>173</td><td>7</td><td>81</td><td>1</td><td>1,173</td><td>5</td><td>439</td><td>166</td><td>16</td><td>2,061</td></tr><tr><td>1956</td><td>297</td><td>18</td><td>102</td><td>2</td><td>1,207</td><td>5</td><td>574</td><td>521</td><td>12</td><td>2,739</td></tr><tr><td>1957</td><td>455</td><td>10</td><td>104</td><td>1</td><td>1,318</td><td>6</td><td>644</td><td>695</td><td>10</td><td>3,242</td></tr><tr><td>1958</td><td>557</td><td>9</td><td>221</td><td>1</td><td>1,342</td><td>8</td><td>662</td><td>681</td><td>11</td><td>3,439</td></tr><tr><td>1959</td><td>342</td><td>12</td><td>239</td><td>6</td><td>1,315</td><td>9</td><td>766</td><td>816</td><td>135</td><td>3,650</td></tr><tr><td>1960 (Est.)</td><td>725</td><td>12</td><td>265</td><td>4</td><td>1,324</td><td>9</td><td>719</td><td>799</td><td>604</td><td>4,460</td></tr><tr><td>1961 (Est.)</td><td>767</td><td>13</td><td>288</td><td>2</td><td>1,358</td><td>9</td><td>719</td><td>876</td><td>291</td><td>4,321</td></tr><tr><td>1959-July</td><td>34</td><td>-</td><td>3</td><td>-</td><td>2</td><td>*</td><td>54</td><td>86</td><td>306</td><td>486</td></tr><tr><td>August</td><td>19</td><td>-</td><td>10</td><td>3</td><td>25</td><td>-</td><td>62</td><td>65</td><td>32</td><td>217</td></tr><tr><td>September</td><td>29</td><td>-</td><td>15</td><td>-</td><td>17</td><td>1</td><td>64</td><td>66</td><td>38</td><td>230</td></tr><tr><td>October</td><td>4</td><td>-</td><td>4</td><td>-</td><td>34</td><td>-</td><td>64</td><td>211</td><td>31</td><td>318</td></tr><tr><td>November</td><td>5</td><td>4</td><td>4</td><td>-</td><td>13</td><td>1</td><td>55</td><td>207</td><td>27</td><td>316</td></tr><tr><td>December</td><td>242</td><td>*</td><td>72</td><td>-</td><td>313</td><td>3</td><td>74</td><td>140</td><td>45</td><td>889</td></tr><tr><td>1960-January</td><td>43</td><td>3</td><td>94</td><td>-</td><td>6</td><td>-</td><td>52</td><td>55</td><td>23</td><td>272</td></tr><tr><td>February</td><td>25</td><td>3</td><td>33</td><td>-</td><td>149</td><td>1</td><td>65</td><td>69</td><td>15</td><td>339</td></tr></table>
Source: See Table 1.
Footnotes follow Table 7.
Table 6.- Accrued Interest and Other Noncash Expenditures Excluded from Payments
(In millions of dollars)
<table><tr><th>Fiscal year or month</th><th>Net accrued interest on savings bonds and Treasury bills 1/</th><th>Clearing account for public debt interest 2/</th><th colspan="3">Noncash expenditure involving issuance of public debt securities 3/</th><th>Clearing account for cheques outstanding, etc. 2/</th><th>Total</th></tr><tr><th></th><th></th><th></th><th>Adjusted service bonds 4/</th><th>Armed forces leave bonds 5/</th><th>Notes to International Monetary Fund 6/</th><th></th><th></th></tr><tr><td>1952</td><td>758</td><td>-</td><td>-1</td><td>-68</td><td>-9</td><td>-401</td><td>279</td></tr><tr><td>1953</td><td>718</td><td>-</td><td>-1</td><td>-24</td><td>28</td><td>-250</td><td>472</td></tr><tr><td>1954</td><td>524</td><td>68</td><td>-1</td><td>-14</td><td>109</td><td>-115</td><td>572</td></tr><tr><td>1955</td><td>497</td><td>26</td><td>-1</td><td>-8</td><td>156</td><td>-55</td><td>615</td></tr><tr><td>1956</td><td>456</td><td>-15</td><td>*</td><td>-7</td><td>175</td><td>335</td><td>943</td></tr><tr><td>1957</td><td>388</td><td>234</td><td>*</td><td>-6</td><td>-674</td><td>-753</td><td>-811</td></tr><tr><td>1958</td><td>254</td><td>91</td><td>*</td><td>-4</td><td>-450</td><td>579</td><td>470</td></tr><tr><td>1959</td><td>801</td><td>87</td><td>*</td><td>-2</td><td>1,361 6/</td><td>-116</td><td>2,131</td></tr><tr><td>1960 (Est.)</td><td>375</td><td>-</td><td>*</td><td>-2</td><td>250</td><td>99</td><td>722</td></tr><tr><td>1961 (Est.)</td><td>125</td><td>-</td><td>*</td><td>-1</td><td>-</td><td>95</td><td>229</td></tr><tr><td>1959-July</td><td>229</td><td>222</td><td>*</td><td>*</td><td>10</td><td>-186</td><td>274</td></tr><tr><td>August</td><td>49</td><td>-329</td><td>*</td><td>*</td><td>-18</td><td>-312</td><td>-610</td></tr><tr><td>September</td><td>-9</td><td>306</td><td>*</td><td>*</td><td>-</td><td>17</td><td>314</td></tr><tr><td>October</td><td>95</td><td>323</td><td>*</td><td>*</td><td>10</td><td>218</td><td>616</td></tr><tr><td>November</td><td>23</td><td>-184</td><td>*</td><td>*</td><td>74</td><td>-354</td><td>-447</td></tr><tr><td>December</td><td>101</td><td>160</td><td>*</td><td>*</td><td>10</td><td>-318</td><td>-48</td></tr><tr><td>1960-January</td><td>118</td><td>154</td><td>*</td><td>*</td><td>30</td><td>480</td><td>781</td></tr><tr><td>February</td><td>-6</td><td>-545</td><td>*</td><td>*</td><td>32</td><td>-294</td><td>-312</td></tr></table>
Source: See Table 1.
Footnotes follow Table 7.
16
Treasury Bulletin
CASH INCOME AND OUTGO
Table 7.- Derivation of Federal Government Net Cash Debt Transactions with the Public, and Reconciliation to Net Cash Debt Transactions through the Account of the Treasurer of the United States
(Net borrowing, or repayment of borrowing (-); in millions of dollars)
<table><tr><th rowspan="2">Fiscal year or month</th><th rowspan="2">Public debt increase, or decrease (-)</th><th colspan="2">Plus: Net sale of obligations of Government enterprises in the market</th><th colspan="3">Less: Net investment in Federal securities by Government agencies</th><th rowspan="2">Equals: Increase in securities held by the public, or decrease (-)</th></tr><tr><th>Public and trust enterprise funds</th><th>Government-sponsored enterprises</th><th>Trust funds</th><th>Public enterprise funds</th><th>Government-sponsored enterprises</th></tr><tr><td>1952</td><td>3,883</td><td>114</td><td>-186</td><td>3,355</td><td>101</td><td>179</td><td>175</td></tr><tr><td>1953</td><td>6,966</td><td>-59</td><td>33</td><td>3,068</td><td>79</td><td>153</td><td>3,640</td></tr><tr><td>1954</td><td>5,189</td><td>-11</td><td>11</td><td>1,686</td><td>-77</td><td>446</td><td>3,130</td></tr><tr><td>1955</td><td>3,115</td><td>602</td><td>269</td><td>1,236</td><td>126</td><td>171</td><td>2,454</td></tr><tr><td>1956</td><td>-1,622</td><td>173</td><td>872</td><td>2,516</td><td>101</td><td>549</td><td>-3,743</td></tr><tr><td>1957</td><td>-2,224</td><td>1,085</td><td>86</td><td>2,262</td><td>36</td><td>41</td><td>-3,392</td></tr><tr><td>1958</td><td>5,816</td><td>567</td><td>-167</td><td>105</td><td>91</td><td>461</td><td>5,560</td></tr><tr><td>1959</td><td>8,363</td><td>71</td><td>1,222</td><td>-1,215</td><td>102</td><td>-68</td><td>10,837</td></tr><tr><td>1960 (Est.)</td><td>-206</td><td>985</td><td>885</td><td>208</td><td>161</td><td>258</td><td>1,037</td></tr><tr><td>1961 (Est.)</td><td>-4,500</td><td>906</td><td>-57</td><td>1,769</td><td>185</td><td>240</td><td>-5,845</td></tr><tr><td>1959-July</td><td>3,976</td><td>-1</td><td>364</td><td>-686</td><td>16</td><td>165</td><td>4,844</td></tr><tr><td>August</td><td>1,714</td><td>51</td><td>178</td><td>646</td><td>19</td><td>-92</td><td>1,370</td></tr><tr><td>September</td><td>-2,100</td><td>155</td><td>79</td><td>-329</td><td>12</td><td>-82</td><td>-1,466</td></tr><tr><td>October</td><td>2,957</td><td>3</td><td>117</td><td>-682</td><td>15</td><td>-16</td><td>3,760</td></tr><tr><td>November</td><td>-564</td><td>56</td><td>185</td><td>12</td><td>56</td><td>174</td><td>-565</td></tr><tr><td>December</td><td>209</td><td>102</td><td>-52</td><td>-12</td><td>24</td><td>-96</td><td>343</td></tr><tr><td>1960-January</td><td>287</td><td>3</td><td>-61</td><td>-891</td><td>127</td><td>292</td><td>701</td></tr><tr><td>February</td><td>-501</td><td>105</td><td>-290</td><td>186</td><td>-26</td><td>-128</td><td>-718</td></tr></table>
<table><tr><th rowspan="2">Fiscal year or month</th><th colspan="5">Less: Deductions for noncash and other transactions</th><th rowspan="2">Equals: Net cash borrowing from the public, or repayment (-)</th><th rowspan="2">Less: Transactions not reflected in the Treasurer's account (-)</th><th rowspan="2">Equals: Net cash borrowing through the Treasurer's account, or repayment (-)</th></tr><tr><th>Net accrued interest on savings bonds and Treasury bills 3/</th><th>Adjusted service bonds 5/</th><th>Armed forces leave bonds 5/</th><th>Notes to International Monetary Fund 5/</th><th>Excess profits tax refund bonds 6/</th><th>Total deductions</th></tr><tr><td>1952</td><td>758</td><td>-1</td><td>-68</td><td>-9</td><td>-1</td><td>680</td><td>-505</td><td>170</td><td>-674</td></tr><tr><td>1953</td><td>718</td><td>-1</td><td>-24</td><td>28</td><td>*</td><td>722</td><td>2,919</td><td>155</td><td>2,763</td></tr><tr><td>1954</td><td>524</td><td>-1</td><td>-14</td><td>109</td><td>*</td><td>618</td><td>2,512</td><td>256</td><td>2,255</td></tr><tr><td>1955</td><td>497</td><td>-1</td><td>-8</td><td>156</td><td>*</td><td>644</td><td>1,809</td><td>230</td><td>1,579</td></tr><tr><td>1956</td><td>456</td><td>*</td><td>-7</td><td>175</td><td>*</td><td>623</td><td>-4,366</td><td>399</td><td>-4,765</td></tr><tr><td>1957</td><td>388</td><td>*</td><td>-6</td><td>-674</td><td>*</td><td>-292</td><td>-3,100</td><td>549</td><td>-3,648</td></tr><tr><td>1958</td><td>254</td><td>*</td><td>-4</td><td>-450</td><td>*</td><td>-200</td><td>5,760</td><td>506</td><td>5,253</td></tr><tr><td>1959</td><td>801</td><td>*</td><td>-2</td><td>1,361</td><td>*</td><td>2,160</td><td>8,678</td><td>646</td><td>8,032</td></tr><tr><td>1960 (Est.)</td><td>375</td><td>*</td><td>-2</td><td>250</td><td>*</td><td>623</td><td>414</td><td>*</td><td>414</td></tr><tr><td>1961 (Est.)</td><td>125</td><td>*</td><td>-1</td><td>*</td><td>*</td><td>124</td><td>-5,969</td><td>*</td><td>-5,969</td></tr><tr><td>1959-July</td><td>229</td><td>*</td><td>*</td><td>10</td><td>*</td><td>239</td><td>4,606</td><td>69</td><td>4,537</td></tr><tr><td>August</td><td>49</td><td>*</td><td>*</td><td>-18</td><td>*</td><td>31</td><td>1,339</td><td>78</td><td>1,261</td></tr><tr><td>September</td><td>-9</td><td>*</td><td>*</td><td>*</td><td>*</td><td>-9</td><td>-1,157</td><td>23</td><td>-1,148</td></tr><tr><td>October</td><td>95</td><td>*</td><td>*</td><td>10</td><td>*</td><td>105</td><td>3,656</td><td>14</td><td>3,642</td></tr><tr><td>November</td><td>23</td><td>*</td><td>*</td><td>74</td><td>*</td><td>97</td><td>-763</td><td>6</td><td>-768</td></tr><tr><td>December</td><td>101</td><td>*</td><td>*</td><td>10</td><td>*</td><td>111</td><td>293</td><td>13</td><td>219</td></tr><tr><td>1960-January</td><td>118</td><td>*</td><td>*</td><td>30</td><td>*</td><td>147</td><td>554</td><td>-84</td><td>638</td></tr><tr><td>February</td><td>-6</td><td>*</td><td>*</td><td>32</td><td>*</td><td>26</td><td>-744</td><td>156</td><td>-901</td></tr></table>
Source: See Table 1.
Footnotes on following page.
April 1960
17
CASH INCOME AND OUTGO
Footnotes to Table 4
Net operating expenditures, or receipts (-), as measured by funds provided by or applied to net security transactions reflected in Treasury reports (see Table 7). To a large extent, these Government-sponsored enterprises secure funds for their operations by direct borrowing from the public or by cashing federal securities which they hold, and they apply the net income received from operations to repayment of borrowing from the public or to investment in federal securities. On that basis, net expenditures for operations are shown in this table in terms of the combined net of disinvestment in federal securities and sale of agency obligations in the market.
and net receipts from operations are shown in terms of the combined net of investment in Federal securities and redemption of agency obligations in the market. Not reported prior to 1954. See Table 7, footnote 1. Does not include revolving fund receipts representing acquired securities amounting to $1,643,070 (par value).
Footnotes to Table 5
1. Federal intermediate credit bank franchise tax through December 1956 and, beginning 1957, also reimbursement by Panaman Canal Company for expenses and service.
2. Includes reimbursement by Federal Old-Age and Survivors Insurance Trust Fund and Federal Disability Insurance Trust Fund for Administered experience, also for refunds of taxes (treated as an offset to refunds rather than being credited to receipts) beginning with 1953 for the former and 1959 for the latter; reimbursement by Highway Trust Fund for refunds of taxes; reimbursement by the District of Columbia; payment of dividends, interest, etc., by Federal National Mortgage Association's secondary market operations; and Federal intermediate credit bank franchise tax and repayment of capital stock to the Treasury after December 1956 and before January 1959.
3. Congress of the United States and repayment of capital stock to the Treasury for 1952; and payment of franchise tax by banks for cooperatives beginning 1955, and by Federal intermediate credit banks beginning January 1959.
4. Includes relatively small amounts of deductions from salaries paid by trust funds and Government-sponsored enterprises. Beginning with fiscal year 1958 excludes deductions from salaries of District of
Columb employees (see footnote 6), and beginning with fiscal year 1959 excludes voluntary contributions.
2/ Coincides of payments to employee's retirement funds representing United States and Government corporation shares of contributions; payments to the Railroad Retirement Account (for creditable military service); the Federal Employees' veterans' life insurance fund, Judicial Survivors Annuity Fund, trust fund for technical services, and other assistance under the agricultural conservation program, and District of Columbia; and awards of Indian Claims Commission.
6/ Includes payment by District of Columbia to the Civil Service retirement fund for its share of contributions, and beginning with 1958 also deductions from its payroll; payments between Railroad Retirement Account and Federal Old-Age and Survivors Insurance Trust Fund; transfers from Civil Service retirement fund to Foreign Service retirement fund from 1955 through 1957; and transfers from Railroad Unemployment Insurance Administration Fund to Unemployment Trust Fund through 1955.
* Less then $500,000.
Footnotes to Table 6
1/ Accrued discount on savings bonds and bills less interest paid on savings bonds and bills redeemed.
2/ Public debt interest due and accrued beginning June 30, 1955, effective date of the change in accounting and reporting from a due and payable basis to an accrual basis; for 1954, consists only of public debt interest checks and coupons outstanding; net increase, or decrease (-). Not reported as a separate clearing account prior to 1954.
3/ Treated as noncash expenditures at the time of issuance of the securities and as cash expenditures at the time of their redemption; net issuance, or redemption (-).
4/ Issued in 1936 in exchange for adjusted service certificates held by veterans of World War I. The bonds matured in 1945.
5/ Issued in 1947 in payment for accumulated leave. The last of these bonds matured in 1951.
6/ Part of the United States subscription to the capital of the International Monetary Fund was paid in the form of noninterest-bearing nonnegotiable notes payable on demand (see 1947 Annual Report of the Secretary of the Treasury, pages 48, 350, and 385).
7/ Checks outstanding less deposits in transit, and changes in other accrued net assets, are shown as (-). Prior to 1954, includes also public debt interest due and unpaid (see footnote 2).
8/ Includes $1,031 million notes issued as part of the additional United States subscription authorized by Public Law 86-48, approved June 17, 1959. * Less than $500,000.
Footnotes to Table 7
1/ In this table, beginning 1954, in accordance with treatment in Budget documents, net investment in United States securities by Government-sponsored enterprises includes a small amount by other enterprises representing net transactions with the public. In Table 4, under "Trust Account and Other Transactions," these amounts are included in trust and deposit fund account investment.
2/ Does not include investments representing acquired securities amounting to $1,643,000 (per value) and donation of securities amounting to $4,898,000 (per value)
3/ Accrued discount on savings bonds and bills, which is included in the principal of the public debt, less interest paid on savings bonds and bills redeemed.
b/ Treated as noncash transactions at the time of issuance and as cash transactions at the time of redemption; not issuance, or redemption.
5/ Excluded from borrowing because the transactions are treated as expenditures in Table 6.
6/ Excluded from borrowing because the transactions are treated as deductions from receipts in Table 7.
7/ Market transactions in public debt securities and agency obligations.
* Less than $500,000.
18
Treasury Bulletin
ACCOUNT OF THE TREASURER OF THE UNITED STATES
Source and Availability of the Balance in the Treasurer's Account
The account of the Treasurer of the United States reflects not only budget receipts and expenditures but also trust, deposit fund, and public debt transactions.
The working cash of the Treasury is held mainly in Treasurer's accounts with Federal Reserve Banks and branches. As the balances in these accounts become depleted, they are restored by calling in (transferring) funds from the tax and loan accounts with thousands of commercial banks throughout the country.
Deposits to tax and loan accounts occur in the normal course of business under a uniform procedure applicable to all banks whereby customers of banks deposit with them tax payments and funds for the purchase of Government securities. In most cases the transaction involves merely the transfer of money from a customer's
account to the tax and loan account in the same bank. On occasions, to the extent authorized by the Treasury, banks are permitted to deposit in these accounts proceeds from subscriptions to public debt securities entered for their own account as well as for the account of their customers.
The tax and loan account system permits the Treasury to leave funds in banks and in the communities in which they arise until such time as the Treasury needs the funds for its operations. In this way the Treasury is able to neutralize the effect of its fluctuating operations on bank reserves and the economy.
A detailed description of the Treasury's depositary system may be found in the Annual Report of the Secretary of the Treasury for 1955, pages 275-284.
Table 1.- Status of the Account of the Treasurer of the United States
18
(In millions of dollars)
<table><tr><th rowspan="2">End of fiscal year or month</th><th colspan="6">Treasury operating balance</th><th rowspan="2">Liabilities 1/</th><th rowspan="2">Balance in account of Treasurer of U. S.</th></tr><tr><th>Available funds in Federal Reserve Banks</th><th>Tax and loan accounts in special depositaries</th><th>Gold in Treasury fund</th><th>Total operating balance</th><th>Silver, coin, and currency</th><th>Unclassified collections, etc.</th><th>In Federal Reserve Banks in process of collection</th><th>In other depositaries</th><th>Total assets</th></tr><tr><td>1952</td><td>333</td><td>5,106</td><td>1,009</td><td>6,448</td><td>194</td><td>34</td><td>355</td><td>450</td><td>7,481</td><td>512</td><td>6,969</td></tr><tr><td>1953</td><td>132</td><td>3,071</td><td>984</td><td>4,187</td><td>161</td><td>75</td><td>210</td><td>463</td><td>5,096</td><td>436</td><td>4,670</td></tr><tr><td>1954</td><td>875</td><td>4,836</td><td>197</td><td>6,207</td><td>191</td><td>50</td><td>274</td><td>520</td><td>7,243</td><td>476</td><td>6,766</td></tr><tr><td>1955</td><td>380</td><td>4,365</td><td>493</td><td>5,239</td><td>187</td><td>93</td><td>343</td><td>500</td><td>6,362</td><td>146</td><td>6,216</td></tr><tr><td>1956</td><td>522</td><td>4,633</td><td>501</td><td>5,656</td><td>159</td><td>37</td><td>421</td><td>438</td><td>6,712</td><td>166</td><td>6,546</td></tr><tr><td>1957</td><td>498</td><td>4,082</td><td>489</td><td>5,069</td><td>190</td><td>37</td><td>302</td><td>440</td><td>6,037</td><td>447</td><td>5,590</td></tr><tr><td>1958</td><td>410</td><td>8,218</td><td>401</td><td>9,030</td><td>259</td><td>49</td><td>287</td><td>365</td><td>9,990</td><td>260</td><td>9,729</td></tr><tr><td>1959</td><td>535</td><td>3,744</td><td>101</td><td>4,380</td><td>306</td><td>63</td><td>273</td><td>429</td><td>5,451</td><td>100</td><td>5,350</td></tr><tr><td>1958-Dec.</td><td>358</td><td>3,468</td><td>396</td><td>4,222</td><td>292</td><td>46</td><td>110</td><td>399</td><td>5,099</td><td>138</td><td>4,961</td></tr><tr><td>1959-July</td><td>522</td><td>4,364</td><td>106</td><td>4,992</td><td>297</td><td>60</td><td>175</td><td>406</td><td>5,930</td><td>93</td><td>5,837</td></tr><tr><td>Aug.</td><td>537</td><td>5,227</td><td>110</td><td>5,875</td><td>289</td><td>42</td><td>111</td><td>392</td><td>6,709</td><td>92</td><td>6,617</td></tr><tr><td>Sept.</td><td>704</td><td>5,353</td><td>102</td><td>6,159</td><td>279</td><td>41</td><td>201</td><td>424</td><td>7,103</td><td>87</td><td>7,017</td></tr><tr><td>Oct.</td><td>488</td><td>4,990</td><td>109</td><td>5,587</td><td>280</td><td>64</td><td>171</td><td>380</td><td>6,482</td><td>106</td><td>6,376</td></tr><tr><td>Nov.</td><td>582</td><td>3,559</td><td>102</td><td>4,243</td><td>291</td><td>32</td><td>137</td><td>378</td><td>5,081</td><td>113</td><td>4,968</td></tr><tr><td>Dec.</td><td>504</td><td>4,216</td><td>106</td><td>4,825</td><td>279</td><td>55</td><td>165</td><td>371</td><td>5,696</td><td>113</td><td>5,583</td></tr><tr><td>1960-Jan.</td><td>567</td><td>3,246</td><td>102</td><td>3,915</td><td>298</td><td>74</td><td>251</td><td>431</td><td>4,969</td><td>108</td><td>4,862</td></tr><tr><td>Feb.</td><td>453</td><td>3,843</td><td>100</td><td>4,397</td><td>299</td><td>56</td><td>243</td><td>411</td><td>5,406</td><td>95</td><td>5,311</td></tr></table>
disbursing accounts are no longer treated as liability accounts of the Treasurer of the United States, but are classified and treated in the same manner as other disbursing accounts, in accordance with the change in method of reporting Post Office transactions (see "Budget Receipts and Expenditures," Table 2). An adjustment of - $207 million in the balance in the Treasurer's account (and in the "clearing account") reflects this change.
Sources: Daily Treasury statement.
1/ Consists of Treasurer's checks outstanding, reserve and other deposits of Board of Trustees of the Postal Savings System, uncollected items, exchanges, etc., beginning December 1954; prior to that time included also Post Office Department and Postmasters' disbursing accounts (see footnote 2).
2/ Beginning December 1954, Post Office Department and Postmasters'
April 1960
19
ACCOUNT OF THE TREASURER OF THE UNITED STATES
Table 2.- Analysis of Changes in Tax and Loan Account Balances
(In millions of dollars)
<table><tr><th rowspan="2">Fiscal year or month</th><th colspan="5">Credits</th><th rowspan="2">Withdrawals</th><th colspan="4">Balance</th></tr><tr><th colspan="3">Proceeds from sales of securities 1/</th><th colspan="2">Taxes</th><th colspan="3">During period</th></tr><tr><th></th><th>Savings bonds</th><th>Savings notes</th><th>Tax anticipation securities</th><th>Other</th><th>Withheld and excise 2/</th><th>Income (by special arrangement) 2/</th><th>Total credits</th><th>End of period</th><th>High</th><th>Low</th><th>Average</th></tr><tr><td>1952</td><td>2,226</td><td>4,679</td><td>2,451</td><td>287</td><td>13,579</td><td>13,270</td><td>36,493</td><td>37,066</td><td>5,106</td><td>5,409</td><td>1,425</td><td>3,255</td></tr><tr><td>1953</td><td>2,667</td><td>2,231</td><td>5,243</td><td>5,021</td><td>15,859</td><td>10,227</td><td>41,267</td><td>43,303</td><td>3,071</td><td>8,776</td><td>950</td><td>4,212</td></tr><tr><td>1954</td><td>3,457</td><td>2,333</td><td>6,861</td><td>4,304</td><td>19,898</td><td>4,791</td><td>41,644</td><td>39,879</td><td>4,836</td><td>7,493</td><td>1,649</td><td>3,870</td></tr><tr><td>1955</td><td>4,424</td><td>-</td><td>5,977</td><td>8,167</td><td>20,538</td><td>2,967</td><td>42,076</td><td>42,545</td><td>4,365</td><td>7,299</td><td>1,910</td><td>3,991</td></tr><tr><td>1956</td><td>3,810</td><td>-</td><td>6,035</td><td>786</td><td>23,897</td><td>4,611</td><td>39,110</td><td>38,871</td><td>4,633</td><td>5,486</td><td>1,103</td><td>3,373</td></tr><tr><td>1957</td><td>2,976</td><td>-</td><td>5,043</td><td>6,568</td><td>26,709</td><td>4,152</td><td>45,448</td><td>46,000</td><td>4,082</td><td>6,078</td><td>813</td><td>2,987</td></tr><tr><td>1958</td><td>3,824</td><td>-</td><td>2,922</td><td>13,513</td><td>27,881</td><td>7,903</td><td>55,044</td><td>50,908</td><td>8,218</td><td>8,869</td><td>1,078</td><td>3,246</td></tr><tr><td>1959</td><td>2,668</td><td>-</td><td>7,581</td><td>13,164</td><td>29,190</td><td>5,919</td><td>58,520</td><td>62,992</td><td>3,744</td><td>8,055</td><td>912</td><td>3,638</td></tr><tr><td>1958-December</td><td>234</td><td>-</td><td>-</td><td>-</td><td>2,746</td><td>1,133</td><td>4,113</td><td>5,523</td><td>3,468</td><td>4,355</td><td>1,728</td><td>3,133</td></tr><tr><td>1959-July</td><td>202</td><td>-</td><td>3,915</td><td>1,900</td><td>1,314</td><td>89</td><td>6,421</td><td>5,801</td><td>4,364</td><td>5,765</td><td>2,467</td><td>4,496</td></tr><tr><td>August</td><td>176</td><td>-</td><td>974</td><td>-</td><td>3,665</td><td>-</td><td>4,816</td><td>3,952</td><td>5,227</td><td>5,382</td><td>2,916</td><td>4,179</td></tr><tr><td>September</td><td>172</td><td>-</td><td>-</td><td>-</td><td>3,057</td><td>1,285</td><td>4,514</td><td>4,388</td><td>5,353</td><td>5,454</td><td>2,885</td><td>4,276</td></tr><tr><td>October</td><td>202</td><td>-</td><td>1,925</td><td>2,135</td><td>1,072</td><td>63</td><td>5,396</td><td>5,759</td><td>4,990</td><td>5,663</td><td>2,384</td><td>4,374</td></tr><tr><td>November</td><td>197</td><td>-</td><td>-</td><td>-</td><td>3,463</td><td>-</td><td>3,660</td><td>5,091</td><td>3,559</td><td>4,857</td><td>2,773</td><td>3,808</td></tr><tr><td>December</td><td>225</td><td>-</td><td>-</td><td>1,921</td><td>3,067</td><td>1,109</td><td>6,322</td><td>5,665</td><td>4,216</td><td>5,212</td><td>3,058</td><td>4,170</td></tr><tr><td>1960-January</td><td>319</td><td>-</td><td>1,970</td><td>-</td><td>1,059</td><td>36</td><td>3,384</td><td>4,354</td><td>3,246</td><td>4,559</td><td>2,891</td><td>3,464</td></tr><tr><td>February</td><td>303</td><td>-</td><td>-</td><td>-</td><td>3,932</td><td>-</td><td>4,235</td><td>3,638</td><td>3,843</td><td>3,843</td><td>1,716</td><td>3,126</td></tr></table>
Source: Office of Fiscal Assistant Secretary; figures are on basis of telegraphic reports.
1/ Special depositaries are permitted to make payment in the form of currency or credit cards at the then-prevailing United States Government obligations purchased by them for their own account, or for the account of their customers who enter subscriptions through them, when this method of payment is permitted under the terms of the applicable subscription.
2/ Taxes eligible for credit consist of those deposited by taxpayers in the depositary banks, as follows: Withheld income tax beginning
March 1948; taxes on employers and employees under the Federal Insurance Contributions Act beginning January 1950, and under the Railroad Retirement Tax Act beginning July 1951; and a number of excise taxes beginning July 1953. Under a special procedure begun in March 1951, authorization may be given for income tax payments, or a portion of them, made by checks of $10,000 or more drawn on a special depositary bank to be credited to the tax and loan account in that bank. This procedure is followed during some of the quarterly periods of heavy tax payments.
20
Treasury Bulletin
DEBT OUTSTANDING
Table 1.- Summary of Federal Securities
(In millions of dollars)
<table><tr><th rowspan="2">End of fiscal year or month</th><th colspan="3">Total outstanding</th><th colspan="3">Interest-bearing debt</th><th colspan="5">Matured debt and debt bearing no interest</th></tr><tr><th>Total 1/</th><th>Public debt 2/</th><th>Guaranteed securities 3/</th><th>Total</th><th>Public debt</th><th>Guaranteed securities 3/ 4/</th><th>Total</th><th>Total</th><th>Matured</th><th>Moetary Fund 5/</th><th>Other 6/</th><th>Guaranteed securities 7/ (matured)</th></tr><tr><td>1952</td><td>259,151</td><td>259,105</td><td>46</td><td>256,907</td><td>256,863</td><td>44</td><td>2,244</td><td>2,242</td><td>419</td><td>1,274</td><td>550</td><td>1</td></tr><tr><td>1953</td><td>266,123</td><td>266,071</td><td>52</td><td>263,997</td><td>263,966</td><td>51</td><td>2,126</td><td>2,125</td><td>298</td><td>1,302</td><td>525</td><td>1</td></tr><tr><td>1954</td><td>271,341</td><td>271,260</td><td>81</td><td>268,990</td><td>268,910</td><td>80</td><td>2,351</td><td>2,350</td><td>437</td><td>1,411</td><td>502</td><td>1</td></tr><tr><td>1955</td><td>274,418</td><td>274,374</td><td>44</td><td>271,785</td><td>271,741</td><td>43</td><td>2,634</td><td>2,633</td><td>589</td><td>1,567</td><td>477</td><td>1</td></tr><tr><td>1956</td><td>272,825</td><td>272,751</td><td>74</td><td>269,956</td><td>269,883</td><td>73</td><td>2,869</td><td>2,868</td><td>666</td><td>1,742</td><td>460</td><td>1</td></tr><tr><td>1957</td><td>270,634</td><td>270,527</td><td>107</td><td>268,592</td><td>268,486</td><td>106</td><td>2,042</td><td>2,042</td><td>529</td><td>1,068</td><td>444</td><td>1</td></tr><tr><td>1958</td><td>276,444</td><td>276,343</td><td>101</td><td>274,798</td><td>274,698</td><td>101</td><td>1,646</td><td>1,646</td><td>597</td><td>618</td><td>430</td><td>1</td></tr><tr><td>1959</td><td>284,817</td><td>284,706</td><td>111</td><td>281,944</td><td>281,893</td><td>110</td><td>2,873</td><td>2,873</td><td>476</td><td>1,979</td><td>417</td><td>1</td></tr><tr><td>1958-December</td><td>283,031</td><td>282,922</td><td>109</td><td>280,947</td><td>280,839</td><td>108</td><td>2,084</td><td>2,084</td><td>903</td><td>757</td><td>423</td><td>1</td></tr><tr><td>1959-July</td><td>288,792</td><td>288,682</td><td>110</td><td>285,948</td><td>285,840</td><td>109</td><td>2,844</td><td>2,842</td><td>437</td><td>1,989</td><td>416</td><td>2</td></tr><tr><td>August</td><td>230,506</td><td>230,396</td><td>111</td><td>287,709</td><td>287,599</td><td>110</td><td>2,798</td><td>2,797</td><td>412</td><td>1,971</td><td>414</td><td>1</td></tr><tr><td>September</td><td>288,412</td><td>288,296</td><td>116</td><td>285,602</td><td>285,486</td><td>115</td><td>2,810</td><td>2,810</td><td>426</td><td>1,971</td><td>413</td><td>1</td></tr><tr><td>October</td><td>291,372</td><td>291,253</td><td>118</td><td>288,596</td><td>288,478</td><td>118</td><td>2,776</td><td>2,775</td><td>382</td><td>1,981</td><td>411</td><td>1</td></tr><tr><td>November</td><td>290,713</td><td>290,589</td><td>124</td><td>287,866</td><td>287,742</td><td>124</td><td>2,847</td><td>2,847</td><td>380</td><td>2,055</td><td>412</td><td>1</td></tr><tr><td>December</td><td>290,925</td><td>290,798</td><td>127</td><td>287,830</td><td>287,704</td><td>127</td><td>3,095</td><td>3,094</td><td>618</td><td>2,065</td><td>411</td><td>1</td></tr><tr><td>1960-January</td><td>291,215</td><td>291,085</td><td>130</td><td>288,225</td><td>288,086</td><td>130</td><td>3,000</td><td>2,999</td><td>494</td><td>2,095</td><td>410</td><td>1</td></tr><tr><td>February</td><td>290,719</td><td>290,583</td><td>135</td><td>287,723</td><td>287,588</td><td>135</td><td>2,996</td><td>2,995</td><td>459</td><td>2,127</td><td>410</td><td>1</td></tr></table>
Source: Daily Treasury statement.
1/ Includes certain obligations not subject to statutory limitation. For amounts subject to limitation, see page 1.
2/ Includes debt incurred to finance Government agencies (see Table 6).
3/ Excludes guaranteed securities held by the Treasury.
4/ Consists of Federal Housing Administration debentures beginning 1953, and also D. C. Armory Board stadium bonds beginning July 1959.
5/ Special notes of the United States issued to the International Monetary Fund in payment of part of the U. S. subscription. In 1959, $1,031 million of notes were issued for part of the additional subscription authorized by an act approved June 17, 1959 (see "Budget Receipts and Expenditures," Table 2, footnote 10).
6/ For current month detail, see "Statutory Debt Limitation," Table 2.
Table 2.- Computed Interest Charge and Computed Interest Rate on Federal Securities
(Dollar amounts in millions)
<table><tr><th rowspan="2">End of fiscal year or month</th><th colspan="3">Total interest-bearing securities</th><th colspan="7">Computed annual interest rate</th></tr><tr><th colspan="2">Amount outstanding</th><th>Computed annual interest charge</th><th>Total interest-bearing securities</th><th colspan="6">Marketable issues</th><th>Guaranteed securities</th></tr><tr><th></th><th>Public debt and guaranteed securities 1/</th><th>Public debt</th><th>Public debt and guaranteed securities 1/</th><th>Total public debt</th><th>Total 2/</th><th>Bills 3/</th><th>Certificates</th><th>Notes</th><th>Treasury bonds</th><th>Non-marketable issues 4/</th><th>Special issues 1/</th><th>1/</th></tr><tr><td>1952</td><td>256,907</td><td>256,863</td><td>5,982</td><td>2,329</td><td>2,329</td><td>2,051</td><td>1,711</td><td>1,875</td><td>1,560</td><td>2,317</td><td>2,659</td><td>2,675</td><td>2,578</td></tr><tr><td>1953</td><td>263,997</td><td>263,926</td><td>6,432</td><td>2,438</td><td>2,438</td><td>2,207</td><td>2,254</td><td>2,319</td><td>1,754</td><td>2,342</td><td>2,720</td><td>2,766</td><td>2,575</td></tr><tr><td>1954</td><td>268,990</td><td>268,910</td><td>6,300</td><td>2,342</td><td>2,342</td><td>2,043</td><td>1,843</td><td>1,928</td><td>1,838</td><td>2,440</td><td>2,751</td><td>2,671</td><td>2,547</td></tr><tr><td>1955</td><td>271,785</td><td>271,711</td><td>6,388</td><td>2,351</td><td>2,351</td><td>2,079</td><td>1,539</td><td>1,173</td><td>1,866</td><td>2,180</td><td>2,789</td><td>2,585</td><td>2,590</td></tr><tr><td>1956</td><td>269,996</td><td>269,893</td><td>6,952</td><td>2,576</td><td>2,576</td><td>2,427</td><td>2,054</td><td>2,625</td><td>2,075</td><td>2,485</td><td>2,832</td><td>2,705</td><td>2,606</td></tr><tr><td>1957</td><td>268,592</td><td>268,486</td><td>7,328</td><td>2,730</td><td>2,730</td><td>2,707</td><td>3,197</td><td>3,345</td><td>2,504</td><td>2,482</td><td>2,853</td><td>2,635</td><td>2,611</td></tr><tr><td>1958</td><td>274,798</td><td>274,698</td><td>7,213</td><td>2,638</td><td>2,638</td><td>2,516</td><td>1,933</td><td>3,330</td><td>2,906</td><td>2,576</td><td>2,892</td><td>2,630</td><td>2,622</td></tr><tr><td>1959</td><td>281,944</td><td>281,833</td><td>8,069</td><td>2,867</td><td>2,867</td><td>2,891</td><td>3,316</td><td>2,842</td><td>3,304</td><td>2,619</td><td>2,925</td><td>2,694</td><td>2,628</td></tr><tr><td>1958-December</td><td>280,947</td><td>280,839</td><td>7,546</td><td>2,689</td><td>2,689</td><td>2,624</td><td>2,930</td><td>2,212</td><td>2,954</td><td>2,592</td><td>2,909</td><td>2,646</td><td>2,621</td></tr><tr><td>1959-July</td><td>285,918</td><td>285,840</td><td>8,299</td><td>2,909</td><td>2,909</td><td>2,954</td><td>3,577</td><td>2,842</td><td>3,302</td><td>2,619</td><td>2,928</td><td>2,699</td><td>2,624</td></tr><tr><td>August</td><td>287,709</td><td>287,599</td><td>8,815</td><td>3,072</td><td>3,072</td><td>3,207</td><td>3,670</td><td>3,650</td><td>3,782</td><td>2,619</td><td>2,931</td><td>2,699</td><td>2,634</td></tr><tr><td>September</td><td>285,602</td><td>285,486</td><td>8,939</td><td>3,137</td><td>3,138</td><td>3,238</td><td>3,847</td><td>3,650</td><td>3,776</td><td>2,619</td><td>3,159</td><td>2,699</td><td>2,632</td></tr><tr><td>October</td><td>288,596</td><td>288,478</td><td>9,190</td><td>3,194</td><td>3,194</td><td>3,319</td><td>4,111</td><td>3,650</td><td>3,838</td><td>2,619</td><td>3,166</td><td>2,699</td><td>2,632</td></tr><tr><td>November</td><td>287,866</td><td>287,712</td><td>9,357</td><td>3,250</td><td>3,250</td><td>3,418</td><td>4,265</td><td>4,130</td><td>3,910</td><td>2,619</td><td>3,171</td><td>2,701</td><td>2,638</td></tr><tr><td>December</td><td>287,830</td><td>287,704</td><td>9,469</td><td>3,300</td><td>3,300</td><td>3,473</td><td>3,500</td><td>4,130</td><td>3,918</td><td>2,619</td><td>3,189</td><td>2,701</td><td>2,652</td></tr><tr><td>1960-January</td><td>288,225</td><td>288,086</td><td>9,576</td><td>3,334</td><td>3,334</td><td>3,518</td><td>4,677</td><td>4,130</td><td>3,917</td><td>2,619</td><td>3,139</td><td>2,702</td><td>2,657</td></tr><tr><td>February</td><td>287,723</td><td>287,588</td><td>9,686</td><td>3,378</td><td>3,378</td><td>3,584</td><td>4,666</td><td>4,769</td><td>4,010</td><td>2,619</td><td>3,199</td><td>2,707</td><td>2,659</td></tr></table>
Source: The Treasury statement
Note: The computed annual interest charge represents the amount of interest that would be paid if each interest-bearing issue outstanding at the end of each month or year should remain outstanding for a year at the applicable annual rate of interest. The charge is computed for each issue by applying the appropriate annual interest rate to the amount outstanding on the last date of the preceding month. The total annual charge thus constitutes the total computed annual interest charge. The average annual interest rate is computed by dividing the computed annual interest charge for the total, or for any group of issues, by the corresponding
principal amount. Beginning with date for December 31, 1958, the computation is based on the rate of effective yield for issues sold at premium or discount. Prior to that date it was based on the coupon rate for all issues.
1/ Excludes guaranteed securities held by the Treasury.
2/ Total includes "Other bonds"; see Table 3.
3/ Included in debt outstanding at face amount, but discount value is used in computing annual interest charge and annual interest rate.
1/ On United States savings bonds the rate to maturity is applied against the amount outstanding.
April 1960
21
DEBT OUTSTANDING
Table 3.- Interest-Bearing Public Debt
(In millions of dollars)
<table><tr><th>End of fiscal year or month</th><th>Total interest-bearing public debt</th><th colspan="7">Marketable</th><th colspan="4">Nonmarketable</th><th>Special issues</th></tr><tr><th></th><th>Total public issues</th><th>Total</th><th>Bills</th><th>Certificates</th><th>Notes</th><th>Treasury bonds</th><th>Bank re-stricted 1/2/</th><th>Other bonds 2/</th><th>Total</th><th>U. S. savings bonds</th><th>Treasury savings notes</th><th>Treasury bonds, investment series</th><th>Depository bonds</th></tr><tr><td>1952</td><td>256,863</td><td>239,122</td><td>140,407</td><td>17,219</td><td>28,429</td><td>13,963</td><td>48,200</td><td>27,460</td><td>142</td><td>78,717</td><td>57,685</td><td>5,612</td><td>14,046</td><td>377</td><td>37,739</td></tr><tr><td>1953</td><td>263,946</td><td>223,408</td><td>117,335</td><td>19,707</td><td>15,854</td><td>30,425</td><td>63,980</td><td>17,245</td><td>124</td><td>76,073</td><td>57,886</td><td>4,453</td><td>13,288</td><td>447</td><td>40,538</td></tr><tr><td>1954</td><td>268,910</td><td>226,681</td><td>150,354</td><td>19,515</td><td>18,405</td><td>31,960</td><td>71,706</td><td>8,672</td><td>96</td><td>76,026</td><td>58,061</td><td>5,079</td><td>12,775</td><td>411</td><td>42,229</td></tr><tr><td>1955</td><td>271,711</td><td>228,491</td><td>155,206</td><td>19,514</td><td>13,836</td><td>40,729</td><td>81,057</td><td>-</td><td>71</td><td>73,285</td><td>58,365</td><td>1,913</td><td>12,589</td><td>417</td><td>43,250</td></tr><tr><td>1956</td><td>269,889</td><td>221,769</td><td>154,953</td><td>20,808</td><td>16,303</td><td>35,952</td><td>81,840</td><td>-</td><td>50</td><td>69,817</td><td>57,437</td><td>-</td><td>12,009</td><td>310</td><td>45,114</td></tr><tr><td>1957</td><td>268,436</td><td>221,658</td><td>155,705</td><td>23,420</td><td>20,473</td><td>30,973</td><td>80,789</td><td>-</td><td>50</td><td>65,953</td><td>54,622</td><td>-</td><td>11,135</td><td>196</td><td>46,827</td></tr><tr><td>1958</td><td>274,698</td><td>228,452</td><td>166,675</td><td>22,406</td><td>32,920</td><td>20,416</td><td>90,883</td><td>-</td><td>50</td><td>61,777</td><td>51,984</td><td>-</td><td>9,621</td><td>171</td><td>46,266</td></tr><tr><td>1959</td><td>281,833</td><td>237,078</td><td>178,027</td><td>32,017</td><td>33,843</td><td>27,314</td><td>84,803</td><td>-</td><td>50</td><td>59,050</td><td>50,503</td><td>-</td><td>8,365</td><td>183</td><td>44,756</td></tr><tr><td>1958-Dec.</td><td>280,839</td><td>235,999</td><td>175,586</td><td>29,748</td><td>36,364</td><td>26,072</td><td>83,352</td><td>-</td><td>50</td><td>60,412</td><td>51,192</td><td>-</td><td>9,017</td><td>203</td><td>44,840</td></tr><tr><td>1959-July</td><td>285,840</td><td>241,779</td><td>183,057</td><td>37,029</td><td>33,343</td><td>27,341</td><td>84,794</td><td>-</td><td>50</td><td>58,722</td><td>50,221</td><td>-</td><td>8,318</td><td>183</td><td>44,061</td></tr><tr><td>Aug.</td><td>287,599</td><td>242,876</td><td>184,463</td><td>38,631</td><td>20,343</td><td>40,654</td><td>84,786</td><td>-</td><td>50</td><td>58,413</td><td>49,983</td><td>-</td><td>8,251</td><td>179</td><td>44,722</td></tr><tr><td>Sept.</td><td>285,486</td><td>241,086</td><td>183,057</td><td>37,128</td><td>20,343</td><td>40,758</td><td>84,778</td><td>-</td><td>50</td><td>58,029</td><td>49,721</td><td>-</td><td>8,132</td><td>176</td><td>44,400</td></tr><tr><td>Oct.</td><td>288,478</td><td>244,882</td><td>187,433</td><td>39,130</td><td>20,343</td><td>43,141</td><td>84,770</td><td>-</td><td>50</td><td>57,449</td><td>49,434</td><td>-</td><td>7,824</td><td>191</td><td>43,596</td></tr><tr><td>Nov.</td><td>287,742</td><td>244,160</td><td>186,957</td><td>39,134</td><td>19,669</td><td>43,341</td><td>84,763</td><td>-</td><td>50</td><td>57,204</td><td>49,280</td><td>-</td><td>7,736</td><td>188</td><td>43,582</td></tr><tr><td>Dec.</td><td>287,704</td><td>244,197</td><td>188,269</td><td>39,643</td><td>19,669</td><td>44,152</td><td>84,754</td><td>-</td><td>50</td><td>55,928</td><td>48,154</td><td>-</td><td>7,590</td><td>184</td><td>43,506</td></tr><tr><td>1960-Jan.</td><td>288,086</td><td>245,456</td><td>189,856</td><td>41,156</td><td>19,669</td><td>44,225</td><td>84,746</td><td>-</td><td>50</td><td>55,600</td><td>47,877</td><td>-</td><td>7,539</td><td>183</td><td>43,630</td></tr><tr><td>Feb.</td><td>287,588</td><td>244,753</td><td>189,384</td><td>41,160</td><td>15,245</td><td>48,198</td><td>84,731</td><td>-</td><td>50</td><td>55,370</td><td>47,825</td><td>-</td><td>7,370</td><td>174</td><td>42,833</td></tr></table>
Source: Daily Treasury statement.
1/ Issues which commercial banks (banks accepting demand deposits) were not permitted to acquire prior to specified dates, except that: (1) concurrently with the 4th, 5th, and 6th War Loans and the Victory Loan, they were permitted to subscribe for limited investment of
their savings deposits; (2) they might temporarily acquire such issues through forfeiture of collateral; (3) they might hold a limited amount of such issues for trading purposes. Consists of Panama Canal bonds, and also postal savings bonds until the last of these bonds matured on July 1, 1955.
Table 4.- Average Length and Maturity Distribution of Marketable Interest-Bearing Public Debt
(In millions of dollars)
<table><tr><th>End of fiscal year or month</th><th>Amount outstanding</th><th colspan="5">Maturity classes</th><th>Average length</th></tr><tr><th></th><th></th><th>Within 1 year</th><th>1 - 5 years</th><th>5 - 10 years</th><th>10 - 20 years</th><th>20 years and over</th><th></th></tr><tr><td>1952</td><td>140,407</td><td>46,367</td><td>47,814</td><td>13,933</td><td>25,700</td><td>6,594</td><td>5 yrs. 8 mos.</td></tr><tr><td>1953</td><td>147,335</td><td>65,270</td><td>36,161</td><td>15,651</td><td>28,662</td><td>1,592</td><td>5 yrs. 4 mos.</td></tr><tr><td>1954</td><td>150,354</td><td>62,734</td><td>29,866</td><td>27,515</td><td>28,634</td><td>1,606</td><td>5 yrs. 6 mos.</td></tr><tr><td>1955</td><td>155,206</td><td>49,703</td><td>39,107</td><td>34,253</td><td>28,613</td><td>3,530</td><td>5 yrs. 10 mos.</td></tr><tr><td>1956</td><td>154,953</td><td>58,714</td><td>34,401</td><td>28,908</td><td>28,578</td><td>4,351</td><td>5 yrs. 4 mos.</td></tr><tr><td>1957</td><td>155,705</td><td>71,952</td><td>40,669</td><td>12,328</td><td>26,407</td><td>4,349</td><td>4 yrs. 9 mos.</td></tr><tr><td>1958</td><td>166,675</td><td>67,782</td><td>42,557</td><td>21,476</td><td>27,652</td><td>7,208</td><td>5 yrs. 3 mos.</td></tr><tr><td>1959</td><td>178,027</td><td>72,958</td><td>58,304</td><td>17,052</td><td>21,625</td><td>8,088</td><td>4 yrs. 7 mos.</td></tr><tr><td>1958-December</td><td>175,586</td><td>72,616</td><td>53,803</td><td>17,167</td><td>24,793</td><td>7,206</td><td>4 yrs. 9 mos.</td></tr><tr><td>1959-July</td><td>183,057</td><td>77,970</td><td>58,331</td><td>17,052</td><td>21,617</td><td>8,088</td><td>4 yrs. 5 mos.</td></tr><tr><td>August</td><td>184,463</td><td>75,158</td><td>62,556</td><td>17,051</td><td>21,611</td><td>8,087</td><td>4 yrs. 6 mos.</td></tr><tr><td>September</td><td>183,057</td><td>73,656</td><td>62,660</td><td>17,051</td><td>21,604</td><td>8,087</td><td>4 yrs. 5 mos.</td></tr><tr><td>October</td><td>187,433</td><td>75,836</td><td>64,861</td><td>18,326</td><td>20,321</td><td>8,086</td><td>4 yrs. 4 mos.</td></tr><tr><td>November</td><td>186,957</td><td>77,947</td><td>62,284</td><td>18,325</td><td>20,316</td><td>8,085</td><td>4 yrs. 4 mos.</td></tr><tr><td>December</td><td>188,269</td><td>79,941</td><td>61,609</td><td>22,139</td><td>16,494</td><td>8,085</td><td>4 yrs. 4 mos.</td></tr><tr><td>1960-January</td><td>189,856</td><td>81,455</td><td>61,691</td><td>22,138</td><td>16,489</td><td>8,084</td><td>4 yrs. 2 mos.</td></tr><tr><td>February</td><td>189,384</td><td>76,735</td><td>72,849</td><td>15,200</td><td>17,365</td><td>7,194</td><td>4 yrs. 3 mos.</td></tr></table>
Source: Debt Analysis Staff in the Office of the Secretary. / All issues classified to final maturity except partially
tax-exempt bonds, which are classified to earliest call date.
22
Treasury Bulletin
DEBT OUTSTANDING
Table 5.- Special Issues to United States Government Investment Accounts
(In millions of dollars)
<table><tr><th>End of fiscal year or month</th><th>Total</th><th>Federal Deposit Insurance Corporation</th><th>Federal Disability Insurance Trust Fund</th><th>Federal home loan banks</th><th>Federal Old-Age and Survivors Insurance Trust Fund</th><th>Federal Savings and Loan Insurance Corporation</th><th>Federal employees' retirement funds</th><th>Government Life Insurance Fund</th><th>Highway Trust Fund</th><th>National Service Life Insurance Fund</th><th>Postal Savings System</th><th>Railroad Retirement Account</th><th>Unemployment Trust Fund</th><th>Other</th></tr><tr><td>1952</td><td>37,739</td><td>888</td><td>-</td><td>50</td><td>14,047</td><td>79</td><td>5,014</td><td>1,300</td><td>-</td><td>5,191</td><td>552</td><td>2,863</td><td>7,745</td><td>9</td></tr><tr><td>1953</td><td>40,538</td><td>846</td><td>-</td><td>50</td><td>15,532</td><td>61</td><td>5,602</td><td>1,299</td><td>-</td><td>5,249</td><td>452</td><td>3,128</td><td>8,287</td><td>32</td></tr><tr><td>1954</td><td>42,229</td><td>892</td><td>-</td><td>232</td><td>17,054</td><td>84</td><td>5,854</td><td>1,224</td><td>-</td><td>5,272</td><td>213</td><td>3,345</td><td>8,024</td><td>24</td></tr><tr><td>1955</td><td>43,250</td><td>835</td><td>-</td><td>200</td><td>18,239</td><td>92</td><td>6,168</td><td>1,293</td><td>-</td><td>5,346</td><td>91</td><td>3,486</td><td>7,479</td><td>79</td></tr><tr><td>1956</td><td>45,114</td><td>673</td><td>-</td><td>52</td><td>19,467</td><td>103</td><td>6,667</td><td>1,217</td><td>-</td><td>5,481</td><td>6</td><td>3,600</td><td>7,737</td><td>112</td></tr><tr><td>1957</td><td>46,827</td><td>718</td><td>325</td><td>50</td><td>19,463</td><td>103</td><td>7,394</td><td>1,200</td><td>404</td><td>5,570</td><td>5</td><td>3,475</td><td>7,996</td><td>123</td></tr><tr><td>1958</td><td>46,246</td><td>673</td><td>996</td><td>165</td><td>18,610</td><td>112</td><td>7,738</td><td>1,144</td><td>822</td><td>5,665</td><td>-</td><td>3,531</td><td>6,671</td><td>120</td></tr><tr><td>1959</td><td>44,756</td><td>629</td><td>1,533</td><td>165</td><td>17,227</td><td>116</td><td>8,608</td><td>1,127</td><td>429</td><td>5,742</td><td>*</td><td>3,417</td><td>5,636</td><td>126</td></tr><tr><td>1958-December</td><td>44,840</td><td>631</td><td>1,257</td><td>165</td><td>17,753</td><td>104</td><td>8,124</td><td>1,120</td><td>386</td><td>5,625</td><td>*</td><td>3,503</td><td>6,055</td><td>117</td></tr><tr><td>1959-July</td><td>44,061</td><td>621</td><td>1,556</td><td>165</td><td>16,547</td><td>120</td><td>8,663</td><td>1,124</td><td>251</td><td>5,732</td><td>*</td><td>3,614</td><td>5,540</td><td>127</td></tr><tr><td>August</td><td>44,723</td><td>628</td><td>1,625</td><td>165</td><td>16,849</td><td>122</td><td>8,723</td><td>1,119</td><td>91</td><td>5,722</td><td>-</td><td>3,602</td><td>5,947</td><td>129</td></tr><tr><td>September</td><td>44,400</td><td>628</td><td>1,668</td><td>165</td><td>16,678</td><td>124</td><td>8,771</td><td>1,116</td><td>-</td><td>5,715</td><td>-</td><td>3,571</td><td>5,833</td><td>131</td></tr><tr><td>October</td><td>43,596</td><td>616</td><td>1,647</td><td>165</td><td>16,096</td><td>122</td><td>8,802</td><td>1,111</td><td>-</td><td>5,707</td><td>-</td><td>3,463</td><td>5,736</td><td>132</td></tr><tr><td>November</td><td>43,582</td><td>622</td><td>1,667</td><td>165</td><td>15,892</td><td>122</td><td>8,843</td><td>1,105</td><td>-</td><td>5,700</td><td>-</td><td>3,428</td><td>5,905</td><td>133</td></tr><tr><td>December</td><td>43,506</td><td>629</td><td>1,715</td><td>165</td><td>15,864</td><td>122</td><td>8,893</td><td>1,100</td><td>-</td><td>5,692</td><td>-</td><td>3,401</td><td>5,794</td><td>134</td></tr><tr><td>1960-January</td><td>42,630</td><td>703</td><td>1,668</td><td>165</td><td>15,223</td><td>122</td><td>8,922</td><td>1,077</td><td>18</td><td>5,686</td><td>-</td><td>3,299</td><td>5,592</td><td>135</td></tr><tr><td>February</td><td>42,835</td><td>720</td><td>1,709</td><td>165</td><td>15,247</td><td>122</td><td>8,986</td><td>1,115</td><td>-</td><td>5,778</td><td>-</td><td>3,292</td><td>5,565</td><td>137</td></tr></table>
Source: Daily Treasury statement.
1/ Consists of Canal Zone Postal Savings System beginning April 1958.
2/ Consists of: Farm Tenant Mortgage Insurance Fund (through March 1956).
Adjusted Service Certificate Fund (through December 1956), various housing insurance funds, and Veterans' Special Term Insurance Fund * Less than $500,000.
April 1960
23
DEBT OUTSTANDING
Table 6.- Treasury Holdings of Securities Issued by Government
Corporations and Other Agencies
(In millions of dollars)
<table><tr><th>End of fiscal year or month</th><th colspan="4">Agriculture Department</th><th colspan="3">Housing and Home Finance Agency</th><th>International National Cooperation Administration</th><th>Reconstruction Finance Corporation</th><th>Saint Lawrence Seaway Development Corp.</th><th>Town, Valley Authority</th><th>Veterans' Admin. Direct loan program</th><th>Under Defense Production Act of 1950</th><th>Other</th></tr><tr><th></th><th>Total</th><th>Commodity Credit Corporation</th><th>Rural Electrification Admin.</th><th>Secretary: Farmers' Home Admin. programs</th><th>Export-Import Bank of Washington</th><th>Administrator</th><th>Federal National Mortgage Assoc.</th><th>Public Housing Admin.</th><th></th><th></th><th></th><th></th><th></th><th></th></tr><tr><td>1952</td><td>9,564</td><td>1,970</td><td>1,731</td><td>78</td><td>1,088</td><td>44</td><td>2,038</td><td>655</td><td>1,150</td><td>197</td><td>-</td><td>39</td><td>178</td><td>395</td><td>-</td></tr><tr><td>1953</td><td>12,125</td><td>3,612</td><td>1,933</td><td>117</td><td>1,227</td><td>67</td><td>2,446</td><td>655</td><td>1,189</td><td>159</td><td>-</td><td>34</td><td>270</td><td>416</td><td>-</td></tr><tr><td>1954</td><td>12,869</td><td>4,180</td><td>2,091</td><td>172</td><td>1,347</td><td>102</td><td>2,233</td><td>215</td><td>1,203</td><td>154</td><td>-</td><td>29</td><td>367</td><td>773</td><td>2</td></tr><tr><td>1955</td><td>16,175</td><td>7,608</td><td>2,207</td><td>162</td><td>1,310</td><td>130</td><td>1,966</td><td>61</td><td>1,209</td><td>-</td><td>3</td><td>14</td><td>491</td><td>1,002</td><td>14</td></tr><tr><td>1956</td><td>20,049</td><td>11,190</td><td>2,343</td><td>151</td><td>1,239</td><td>165</td><td>1,954</td><td>38</td><td>1,213</td><td>-</td><td>16</td><td>-</td><td>584</td><td>1,144</td><td>11</td></tr><tr><td>1957</td><td>22,731</td><td>13,383</td><td>2,519</td><td>265</td><td>1,205</td><td>282</td><td>1,741</td><td>41</td><td>1,138</td><td>-</td><td>48</td><td>-</td><td>733</td><td>1,294</td><td>21</td></tr><tr><td>1958</td><td>21,859</td><td>11,528</td><td>2,728</td><td>256</td><td>1,528</td><td>476</td><td>1,502</td><td>35</td><td>1,188</td><td>-</td><td>97</td><td>-</td><td>780</td><td>1,723</td><td>18</td></tr><tr><td>1959</td><td>25,343</td><td>12,874</td><td>2,923</td><td>323</td><td>1,937</td><td>730</td><td>2,351</td><td>27</td><td>1,164</td><td>-</td><td>112</td><td>-</td><td>930</td><td>1,950</td><td>22</td></tr><tr><td>1958-Dec.</td><td>25,523</td><td>12,153</td><td>2,897</td><td>266</td><td>1,835</td><td>595</td><td>1,704</td><td>35</td><td>1,175</td><td>-</td><td>108</td><td>-</td><td>878</td><td>1,878</td><td>18</td></tr><tr><td>1959-July</td><td>23,341</td><td>10,464</td><td>2,998</td><td>383</td><td>1,933</td><td>751</td><td>2,505</td><td>29</td><td>1,163</td><td>-</td><td>113</td><td>-</td><td>979</td><td>2,002</td><td>20</td></tr><tr><td>Aug.</td><td>23,725</td><td>10,696</td><td>2,998</td><td>409</td><td>1,945</td><td>773</td><td>2,599</td><td>31</td><td>1,163</td><td>-</td><td>113</td><td>-</td><td>979</td><td>2,002</td><td>20</td></tr><tr><td>Sept.</td><td>24,008</td><td>10,977</td><td>3,083</td><td>410</td><td>1,934</td><td>799</td><td>2,570</td><td>28</td><td>1,162</td><td>-</td><td>113</td><td>-</td><td>979</td><td>1,930</td><td>20</td></tr><tr><td>Oct.</td><td>24,285</td><td>11,277</td><td>3,083</td><td>436</td><td>1,639</td><td>833</td><td>2,678</td><td>30</td><td>1,162</td><td>-</td><td>114</td><td>-</td><td>1,029</td><td>1,937</td><td>20</td></tr><tr><td>Nov.</td><td>24,829</td><td>11,670</td><td>3,083</td><td>437</td><td>1,700</td><td>883</td><td>2,718</td><td>73</td><td>1,161</td><td>-</td><td>115</td><td>-</td><td>1,029</td><td>1,940</td><td>20</td></tr><tr><td>Dec.</td><td>25,041</td><td>12,074</td><td>3,034</td><td>338</td><td>1,639</td><td>911</td><td>2,698</td><td>24</td><td>1,151</td><td>-</td><td>117</td><td>-</td><td>1,089</td><td>1,945</td><td>20</td></tr><tr><td>1960-Jan.</td><td>25,633</td><td>12,330</td><td>3,124</td><td>374</td><td>1,636</td><td>936</td><td>2,807</td><td>24</td><td>1,150</td><td>-</td><td>117</td><td>-</td><td>1,139</td><td>1,975</td><td>20</td></tr><tr><td>Feb.</td><td>25,833</td><td>12,506</td><td>3,124</td><td>422</td><td>1,641</td><td>936</td><td>2,748</td><td>32</td><td>1,150</td><td>-</td><td>117</td><td>-</td><td>1,159</td><td>1,975</td><td>21</td></tr></table>
Source: Daily Treasury statement
Note: The securities shown in this table were issued to the Treasury to pay for Government corporations and other agencies with the Treasury itself raising the necessary funds through public debt operations. To avoid duplication, these securities are not included in the guaranteed debt outstanding as shown in preceding tables. The issuance of these securities is provided for by law, as "appropriated" expenditures, public debt receipts. Further detail may be found in the 1959 Annual Report of the Secretary of the Treasury, page 666, and the 1959 Combined Statement of Receipts, Expenditures and Balances of the United States Government, page 514.
1/ Farm housing and other loan programs, and Farm Tenant Mortgage Insurance Fund.
2/ Excludes securities issued under Defense Production Act. 
3/ Consists of: Notes issued to borrow for the urban renewal program (formerly slum clearance program); college housing loans; the prefabricated housing loans program from September 1950, when it was transferred from the Reconstruction Finance Corporation, through November 1954; and public facility loans beginning January 1956.  Notes issued to borrow for the Federal National Mortgage Association from September 1950 through July 1954, are shown under the Association.
From September 1950 through July 1954, consists of notes of the Housing and Home Finance Administration, issued to borrow for the Association. Beginning August 1954, consists of liabilities taken over by the Association from the Administrator in accordance with the act approved August 2, 1954, and notes issued by the Association under authority of that act (12 U.S.C. 1720, 1723 (d)) and beginning September 1954, also securities transferred from the Reconstruction Finance Corporation (see footnotes 6). Prior to September 1950, the Association was financed from funds of the Reconstruction Finance Corporation, which owned the capital stock.
5/ And predecessor agencies. Beginning September 1956, figures exclude notes previously issued by the Administrator in connection with informational media guarantees. The obligation of these notes was assumed by the Director of the United States Information Agency, pursuant to the act approved July 18, 1956 (22 U.S.C. 1442), and the notes, together with others issued for the same purpose are included in "Other."
Excludes securities issued under Defense Production Act of 1950; includes securities issued under Federal Civil Defense Act of 1950 through November 30, 1954, under Reorganization Plan No. 2 of 1954, pursuant to the act approved July 30, 1953 (15 U.S.C. 609), and are included under "Other." See also footnote 4. During September 1954, under Reorganization Plan No. 2 of 1954, the remaining securities issued by the Corporation to the Treasury were transferred as follows: to the First National Import Bank of Washington, $92 million to Federal National Mortgage Association, and $11 million to the Small Business Administration.
Consists of: Notes of the Administrator, General Services Administration, beginning January 1951 (Administrator, Defense Materials Procurement Agency, January 1952 through July 1953) for defense materials procurement, and a statement of concurrence of the Secretary of the Interior, beginning 1953 (after which its activities under this act were transferred to the Secretary of the Treasury), and the Secretary of the Treasury, beginning October 1953; the Secretary of the Interior (Defense Minerals Exploration Administration) beginning June 1951; the Export-Import Bank of the United States, beginning April 1952; and the Secretary of Agriculture, beginning June 1954.
8/ Consists of: Notes issued by Secretary of the Treasury beginning December 1953 (see footnote 6); Small Business Administration, September 1954 through April 1958; for informational media guarantees by the United States Information Agency beginning September 1956 (see footnote 5); Secretary of Commerce (Maritime Administration) for Federal Ship Mortgage Insurance Fund beginning February 1959; and Virgin Islands Corporation beginning September 1959.
24
Treasury Bulletin
STATUTORY DEBT LIMITATION.
The Second Liberty Bond Act (31 U.S.C. 757 b), as amended by an act approved June 30, 1959, provides that the face amount of obligations issued under authority of that act, and the face amount of obligations guaranteed as to principal and interest by the United States (except guaranteed obligations held by the Secretary of the Treasury), shall not exceed in the aggregate $285 billion outstanding at any one time. The corresponding limitation in effect under the act of June 26, 1946, was $275 billion and that under the act of September 2, 1958, was $283 billion. In addition, temporary increases have been
authorized as follows: $6 billion beginning on August 28, 1954, and ending on June 30, 1956 (acts approved August 28, 1954, and June 30, 1955); $3 billion beginning on July 1, 1956, and ending on June 30, 1957 (act approved July 9, 1956); $5 billion beginning on February 26, 1958, and ending on June 30, 1959 (act approved February 26, 1958); and $10 billion beginning on July 1, 1959, and ending on June 30, 1960 (act approved June 30, 1959). Obligations issued on a discount basis, and subject to redemption prior to maturity at the option of the owner, are included in the statutory debt limitation at current redemption values.
Table 1.- Status under Limitation, February 29, 1960
(In millions of dollars)
<table><tr><td>Maximum amount of securities which may be outstanding at any one time under limitation imposed by the act of June 30, 1959 (31 U.S.C. 757 b).</td><td>295,000</td></tr><tr><td>Amount of securities outstanding subject to such statutory debt limitation:</td><td></td></tr><tr><td>U. S. Government securities issued under the Second Liberty Bond Act, as amended.</td><td>290,176</td></tr><tr><td>Guaranteed securities (excluding those held by the Treasury).</td><td>135</td></tr><tr><td>Total amount of securities outstanding subject to statutory debt limitation.</td><td>290,309</td></tr><tr><td>Balance issuable under limitation.</td><td>4,691</td></tr><tr><td>Source: Daily Treasury statement.</td><td></td></tr></table>
Table 2.- Application of Limitation to Public Debt and Guaranteed Securities Outstanding February 29, 1960
(In millions of dollars)
<table><tr><th>Class of security</th><th>Subject to statutory debt limitation</th><th>Not subject to statutory debt limitation</th><th>Total outstanding</th></tr><tr><td><b>Public debt:</b></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing securities:</td><td></td><td></td><td></td></tr><tr><td>Marketable:</td><td></td><td></td><td></td></tr><tr><td>Treasury bills</td><td>41,160</td><td>-</td><td>41,160</td></tr><tr><td>Certificates of indebtedness</td><td>15,245</td><td>-</td><td>15,245</td></tr><tr><td>Treasury notes</td><td>48,198</td><td>-</td><td>48,198</td></tr><tr><td>Treasury bonds</td><td>84,731</td><td>-</td><td>84,731</td></tr><tr><td>Panama Canal bonds</td><td>-</td><td>50</td><td>50</td></tr><tr><td>Total marketable</td><td>189,334</td><td>50</td><td>189,384</td></tr><tr><td>Nonmarketable:</td><td></td><td></td><td></td></tr><tr><td>U. S. savings bonds (current redemption value)</td><td>47,825</td><td>-</td><td>47,825</td></tr><tr><td>Depositary bonds</td><td>174</td><td>-</td><td>174</td></tr><tr><td>Treasury bonds, investment series</td><td>7,370</td><td>-</td><td>7,370</td></tr><tr><td>Total nonmarketable</td><td>55,370</td><td>-</td><td>55,370</td></tr><tr><td>Special issues to Government agencies and trust funds</td><td>42,895</td><td>-</td><td>42,895</td></tr><tr><td>Total interest-bearing securities</td><td>287,538</td><td>50</td><td>287,588</td></tr><tr><td>Matured securities on which interest has ceased</td><td>456</td><td>3</td><td>159</td></tr><tr><td><b>Debt bearing no interest:</b></td><td></td><td></td><td></td></tr><tr><td>United States savings stamps</td><td>52</td><td>-</td><td>52</td></tr><tr><td>Excess profits tax refund bonds</td><td>1</td><td>-</td><td>1</td></tr><tr><td>Special notes of the United States, International Monetary Fund Series</td><td>2,127</td><td>-</td><td>2,127</td></tr><tr><td>United States notes (base gold reserve)</td><td>-</td><td>191</td><td>191</td></tr><tr><td>Deposits for retirement of national bank and Federal Reserve Bank notes</td><td>-</td><td>161</td><td>161</td></tr><tr><td>Other debt bearing no interest</td><td>-</td><td>6</td><td>6</td></tr><tr><td>Total debt bearing no interest</td><td>2,180</td><td>357</td><td>2,537</td></tr><tr><td>Total public debt</td><td>290,174</td><td>410</td><td>290,583</td></tr><tr><td><b>Guaranteed securities: 1/</b></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing</td><td>135</td><td>-</td><td>135</td></tr><tr><td>Matured</td><td>1</td><td>-</td><td>1</td></tr><tr><td>Total guaranteed securities</td><td>135</td><td>-</td><td>135</td></tr><tr><td>Total public debt and guaranteed securities</td><td>290,309</td><td>410</td><td>290,719</td></tr></table>
Source: Daily Treasury statement.
1/ Excludes guaranteed securities held by the Treasury.
April 1960
25
PUBLIC DEBT OPERATIONS
Table 1.- Maturity Schedule of Interest-Bearing Public Marketable Securities Outstanding February 29, 1960 Other Than Regular Weekly Treasury Bills
(In millions of dollars)
<table><tr><th rowspan="2">Year and month of final maturity 1/</th><th rowspan="2">Description of security</th><th colspan="3">Amount of maturities</th><th rowspan="2">Year and month of final maturity 1/</th><th rowspan="2">Description of security</th><th colspan="3">Amount of maturities</th></tr><tr><th>Total</th><th>U. S. Govt. investment accounts and Fed. Res. Banks</th><th>All other investors</th><th>Total</th><th>U. S. Govt. investment accounts and Fed. Res. Banks</th><th>All other investors</th></tr><tr><td>1960</td><td></td><td></td><td></td><td></td><td>1961</td><td></td><td></td><td></td><td></td></tr><tr><td>Mar....</td><td>4.075% Bill (tax ant.) - 3/22/60</td><td>4,004</td><td>62</td><td>3,942</td><td>Jan.....</td><td>5.067% Bill - 1/15/61</td><td>1,504</td><td>86</td><td>1,417</td></tr><tr><td>Apr....</td><td>1-1/2% Note - 4/1/60-EA 3.835% Bill - 4/15/60</td><td>57 2,003</td><td>161</td><td>57 1,843</td><td>Feb.....</td><td>4-7/8% Certificate - 2/15/61-A</td><td>6,939</td><td>3,657</td><td>3,281</td></tr><tr><td>May.....</td><td>4% Certificate - 5/15/60-B 3-1/2% Note - 5/15/60-A 3-1/4% Note - 5/15/60-B</td><td>1,269 2,406 2,738</td><td>136 267 13</td><td>1,134 2,139 2,728</td><td>Apr.....</td><td>1-1/2% Note - 4/1/61-EA</td><td>144</td><td>-</td><td>144</td></tr><tr><td>June....</td><td>4.783% Bill (tax ant.) - 6/22/60</td><td>4,018</td><td>27</td><td>3,991</td><td>May.....</td><td>3-5/8% Note - 5/15/61-B</td><td>4,078</td><td>2,929</td><td>1,150</td></tr><tr><td>July....</td><td>4.728% Bill - 7/15/60</td><td>2,001</td><td>14</td><td>1,987</td><td>June....</td><td>3% Bond 2/ (Panama Canal loan) - 6/1/61</td><td>50</td><td>-</td><td>50</td></tr><tr><td>Aug.....</td><td>4-3/4% Note - 8/15/60-C</td><td>9,561</td><td>5,608</td><td>3,953</td><td>Aug.....</td><td>4% Note - 8/1/61-A</td><td>2,136</td><td>260</td><td>1,876</td></tr><tr><td>Oct.....</td><td>1-1/2% Note - 10/1/60-EO 4.860% Bill - 10/17/60</td><td>278 2,007</td><td>28</td><td>278 1,979</td><td>Sept....</td><td>2-3/4% Bond - 9/15/61</td><td>2,239</td><td>50</td><td>2,190</td></tr><tr><td>Nov.....</td><td>4-3/4% Certificate - 11/15/60-C 2-1/8% Bond - 11/15/60</td><td>7,037 3,806</td><td>5,079 42</td><td>1,958 3,765</td><td>Oct.....</td><td>1-1/2% Note - 10/1/61-EO</td><td>332</td><td>-</td><td>332</td></tr><tr><td>Dec.....</td><td>2-3/4% Bond 2/ - 12/15/60-65</td><td>1,485</td><td>*</td><td>1,485</td><td>Nov.....</td><td>2-1/2% Bond - 11/15/61</td><td>11,177</td><td>179</td><td>10,998</td></tr><tr><td>Total.....</td><td></td><td>42,670</td><td>11,435</td><td>31,235</td><td>Total.....</td><td></td><td>28,598</td><td>7,161</td><td>21,438</td></tr><tr><td></td><td></td><td></td><td></td><td></td><td>1962</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td>Feb.....</td><td>3-5/8% Note - 2/15/62-A 4% Note - 2/15/62-D</td><td>647 1,435</td><td>323 14</td><td>324 1,421</td></tr><tr><td></td><td></td><td></td><td></td><td></td><td>Apr.....</td><td>1-1/2% Note - 4/1/62-EA</td><td>551</td><td>-</td><td>551</td></tr><tr><td></td><td></td><td></td><td></td><td></td><td>June....</td><td>2-1/4% Bond - 6/15/59-62</td><td>5,265</td><td>520</td><td>4,745</td></tr><tr><td></td><td></td><td></td><td></td><td></td><td>Aug.....</td><td>4% Note - 8/15/62-B</td><td>159</td><td>-</td><td>159</td></tr><tr><td></td><td></td><td></td><td></td><td></td><td>Oct.....</td><td>1-1/2% Note - 10/1/62-EO</td><td>590</td><td>-</td><td>590</td></tr><tr><td></td><td></td><td></td><td></td><td></td><td>Nov.....</td><td>3-3/4% Note - 11/15/62-C</td><td>1,143</td><td>95</td><td>1,048</td></tr><tr><td></td><td></td><td></td><td></td><td></td><td>Dec.....</td><td>2-1/4% Bond - 12/15/59-62</td><td>3,453</td><td>741</td><td>2,712</td></tr><tr><td></td><td></td><td></td><td></td><td></td><td>Total.....</td><td></td><td>13,243</td><td>1,693</td><td>11,551</td></tr></table>
Footnotes at end of table.
(Continued on following page)
26
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 1.- Maturity Schedule of Interest-Bearing Public Marketable Securities Outstanding February 29, 1960 Other Than Regular Weekly Treasury Bills - (Continued)
(In millions of dollars)
<table><tr><th>Year and month of final maturity 1/</th><th>Description of security</th><th colspan="3">Amount of maturities</th><th>Year and month of final maturity 1/</th><th>Description of security</th><th colspan="3">Amount of maturities</th></tr><tr><th></th><th></th><th>Total</th><th>U. S. Govt. investment accounts and Fed. Res. Banks</th><th>All other investors</th><th></th><th></th><th>Total</th><th>U. S. Govt. investment accounts and Fed. Res. Banks</th><th>All other investors</th></tr><tr><td>1963</td><td></td><td></td><td></td><td></td><td>1970</td><td></td><td></td><td></td><td></td></tr><tr><td>Feb...</td><td>2-5/8% Note -</td><td>2/15/63-A</td><td>3,971</td><td>165</td><td>3,806</td><td>Mar.....</td><td>2-1/2% Bond -</td><td>3/15/65-70</td><td>4,694</td><td>1,230</td><td>3,463</td></tr><tr><td>Apr...</td><td>1-1/2% Note -</td><td>4/1/63-EA</td><td>533</td><td>-</td><td>533</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>May...</td><td>4% Note -</td><td>5/15/63-B</td><td>1,743</td><td>103</td><td>1,640</td><td>1971</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug...</td><td>2-1/2% Bond -</td><td>8/15/63</td><td>6,755</td><td>55</td><td>6,700</td><td>Mar.....</td><td>2-1/2% Bond -</td><td>3/15/66-71</td><td>2,941</td><td>700</td><td>2,241</td></tr><tr><td>Oct...</td><td>1-1/2% Note -</td><td>10/1/63-EO</td><td>506</td><td>-</td><td>506</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Nov...</td><td>4-7/8% Note -</td><td>11/15/63-C</td><td>3,011</td><td>116</td><td>2,895</td><td>1972</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Total.....................</td><td>16,519</td><td>468</td><td>16,050</td><td>June...</td><td>2-1/2% Bond -</td><td>6/15/67-72</td><td>1,817</td><td>165</td><td>1,652</td></tr><tr><td>1964</td><td></td><td></td><td></td><td></td><td>Sept...</td><td>2-1/2% Bond -</td><td>9/15/67-72</td><td>2,716</td><td>237</td><td>2,479</td></tr><tr><td>Feb...</td><td>3% Bond -</td><td>2/15/64</td><td>3,854</td><td>68</td><td>3,786</td><td>Dec...</td><td>2-1/2% Bond -</td><td>12/15/67-72</td><td>3,660</td><td>249</td><td>3,411</td></tr><tr><td>Apr...</td><td>1-1/2% Note -</td><td>4/1/64-EA</td><td>457</td><td>-</td><td>457</td><td></td><td>Total.....................</td><td>8,193</td><td>651</td><td>7,542</td></tr><tr><td>May...</td><td>4-3/4% Note -</td><td>5/15/64-A</td><td>4,933</td><td>2,707</td><td>2,226</td><td>1974</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug...</td><td>5% Note -</td><td>8/15/64-B</td><td>2,316</td><td>102</td><td>2,214</td><td>Nov...</td><td>3-7/8% Bond -</td><td>11/15/74</td><td>654</td><td>100</td><td>553</td></tr><tr><td>Oct...</td><td>1-1/2% Note -</td><td>10/1/64-EO</td><td>280</td><td>-</td><td>280</td><td>1980</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Nov...</td><td>4-7/8% Note -</td><td>11/15/64-C</td><td>4,195</td><td>2,042</td><td>2,153</td><td>Feb....</td><td>4% Bond -</td><td>2/15/80</td><td>884</td><td>89</td><td>795</td></tr><tr><td></td><td>Total.....................</td><td>16,034</td><td>4,919</td><td>11,115</td><td>1983</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1965</td><td></td><td></td><td></td><td></td><td>June...</td><td>3-1/4% Bond -</td><td>6/15/78-83</td><td>1,601</td><td>144</td><td>1,457</td></tr><tr><td>Feb...</td><td>2-5/8% Bond -</td><td>2/15/65</td><td>6,896</td><td>621</td><td>6,275</td><td>1985</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1966</td><td></td><td></td><td></td><td></td><td>May....</td><td>3-1/4% Bond -</td><td>5/15/85</td><td>1,135</td><td>120</td><td>1,015</td></tr><tr><td>Aug...</td><td>3% Bond -</td><td>8/15/66</td><td>1,484</td><td>111</td><td>1,373</td><td>1990</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1967</td><td></td><td></td><td></td><td></td><td>Feb....</td><td>3-1/2% Bond -</td><td>2/15/90</td><td>1,727</td><td>149</td><td>1,578</td></tr><tr><td>June...</td><td>2-1/2% Bond -</td><td>6/15/62-67</td><td>2,110</td><td>270</td><td>1,840</td><td>1995</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1968</td><td></td><td></td><td></td><td></td><td>Feb....</td><td>3% Bond -</td><td>2/15/95</td><td>2,732</td><td>178</td><td>2,554</td></tr><tr><td>Dec...</td><td>2-1/2% Bond -</td><td>12/15/63-68</td><td>2,817</td><td>425</td><td>2,392</td><td></td><td>Total.....................</td><td>8,829</td><td>1,136</td><td>7,693</td></tr><tr><td>1969</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>June...</td><td>2-1/2% Bond -</td><td>6/15/64-69</td><td>3,739</td><td>455</td><td>3,284</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Oct...</td><td>4% Bond -</td><td>10/1/69</td><td>1,276</td><td>157</td><td>1,119</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Dec...</td><td>2-1/2% Bond -</td><td>12/15/64-69</td><td>3,814</td><td>524</td><td>3,289</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Total.....................</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></table>
Source: Daily Treasury statement and Debt Analysis Staff in the Office of the Secretary.
1/ Except partially tax-exempt bonds, which are shown at first call date. For date of issue of each security, see "Market Quotations."
2/ Income is partially exempt from income tax
3/ Income is wholly exempt from income tax. * Less than $500,000.
April 1960
27
PUBLIC DEBT OPERATIONS
Table 2.- Offerings of Treasury Bills
(Amounts in millions of dollars)
<table><tr><th rowspan="2">Issue date</th><th rowspan="2">Maturity date</th><th rowspan="2">Number of days to maturity 1/</th><th colspan="5">Description of new issue</th><th rowspan="2">Amount maturing on issue date of new offering</th><th rowspan="2">Total of unmaured issues outstanding after new issues</th></tr><tr><th>Amount of bid tendered</th><th>Total amount</th><th colspan="2">Amount of bids accepted</th><th>In exchange</th></tr><tr><th colspan="10">Regular weekly bills:</th></tr><tr><td>1959-Dec. 3</td><td>Mar. 3</td><td>91</td><td>1,823.0</td><td>1,100.9</td><td>899.3</td><td>201.6</td><td>137.9</td><td>1,099.8</td><td>14,804.3</td></tr><tr><td></td><td>June 2</td><td>182</td><td>733.8</td><td>400.5</td><td>364.5</td><td>36.0</td><td>22.0</td><td>400.2</td><td>10,814.4</td></tr><tr><td>Dec. 10</td><td>Mar. 10</td><td>91</td><td>2,017.9</td><td>1,200.7</td><td>945.7</td><td>255.0</td><td>81.9</td><td>1,200.1</td><td>14,805.0</td></tr><tr><td></td><td>June 9</td><td>182</td><td>889.0</td><td>500.2</td><td>447.1</td><td>53.1</td><td>22.0</td><td>500.1</td><td>10,814.5</td></tr><tr><td>Dec. 17</td><td>Mar. 17</td><td>91</td><td>2,016.7</td><td>1,200.1</td><td>902.8</td><td>297.4</td><td>20.2</td><td>1,200.3</td><td>14,804.8</td></tr><tr><td></td><td>June 16</td><td>182</td><td>983.9</td><td>500.0</td><td>431.2</td><td>68.8</td><td>5.4</td><td>500.1</td><td>10,812.4</td></tr><tr><td>Dec. 24</td><td>Mar. 24</td><td>91</td><td>1,930.6</td><td>1,201.3</td><td>906.3</td><td>295.0</td><td>91.0</td><td>1,200.6</td><td>14,805.5</td></tr><tr><td></td><td>June 23</td><td>182</td><td>740.3</td><td>500.0</td><td>435.2</td><td>64.8</td><td>23.3</td><td>500.2</td><td>10,814.2</td></tr><tr><td>Dec. 31</td><td>Mar. 31</td><td>91</td><td>2,064.4</td><td>1,100.2</td><td>888.2</td><td>212.1</td><td>8.3</td><td>1,099.8</td><td>14,805.9</td></tr><tr><td></td><td>June 30</td><td>182</td><td>755.1</td><td>499.9</td><td>459.9</td><td>40.0</td><td>4.7</td><td>500.0</td><td>10,814.2</td></tr><tr><td>1960-Jan. 7</td><td>Apr. 7</td><td>91</td><td>1,950.3</td><td>1,200.1</td><td>960.9</td><td>239.2</td><td>65.5</td><td>1,200.0</td><td>14,806.0</td></tr><tr><td></td><td>July 7</td><td>182</td><td>744.3</td><td>399.8</td><td>342.4</td><td>57.4</td><td>3.4</td><td>400.0</td><td>10,814.1</td></tr><tr><td>Jan. 14</td><td>Apr. 14</td><td>91</td><td>2,081.1</td><td>1,201.7</td><td>913.8</td><td>287.9</td><td>13.1</td><td>1,200.9</td><td>14,806.9</td></tr><tr><td></td><td>July 14</td><td>182</td><td>1,006.9</td><td>400.2</td><td>312.1</td><td>88.1</td><td>2.0</td><td>401.0</td><td>10,813.2</td></tr><tr><td>Jan. 21</td><td>Apr. 21</td><td>91</td><td>1,878.1</td><td>1,000.4</td><td>714.7</td><td>285.7</td><td>18.3</td><td>1,000.1</td><td>14,807.1</td></tr><tr><td></td><td>July 21</td><td>182</td><td>887.6</td><td>400.2</td><td>319.5</td><td>80.7</td><td>3.4</td><td>400.3</td><td>10,813.2</td></tr><tr><td>Jan. 28</td><td>Apr. 28</td><td>91</td><td>1,792.9</td><td>999.6</td><td>741.6</td><td>258.0</td><td>98.1</td><td>1,000.0</td><td>14,806.8</td></tr><tr><td></td><td>July 28</td><td>182</td><td>872.3</td><td>400.5</td><td>338.6</td><td>61.9</td><td>18.7</td><td>400.8</td><td>10,813.2</td></tr><tr><td>Feb. 4</td><td>May 4</td><td>91</td><td>1,893.7</td><td>1,000.2</td><td>767.2</td><td>233.0</td><td>116.5</td><td>1,000.3</td><td>14,806.6</td></tr><tr><td></td><td>Aug. 4</td><td>182</td><td>798.6</td><td>400.0</td><td>341.8</td><td>58.3</td><td>41.8</td><td>400.2</td><td>10,812.7</td></tr><tr><td>Feb. 11</td><td>May 11</td><td>91</td><td>1,920.5</td><td>1,205.3</td><td>945.4</td><td>259.9</td><td>115.8</td><td>1,200.5</td><td>14,811.5</td></tr><tr><td></td><td>Aug. 11</td><td>182</td><td>967.9</td><td>396.0</td><td>331.6</td><td>64.4</td><td>23.5</td><td>400.0</td><td>10,808.7</td></tr><tr><td>Feb. 18</td><td>May 18</td><td>91</td><td>1,802.7</td><td>1,200.0</td><td>962.8</td><td>237.1</td><td>64.3</td><td>1,200.6</td><td>14,810.8</td></tr><tr><td></td><td>Aug. 18</td><td>182</td><td>698.8</td><td>400.0</td><td>347.0</td><td>53.0</td><td>1.9</td><td>400.3</td><td>10,808.4</td></tr><tr><td>Feb. 25</td><td>May 25</td><td>91</td><td>1,923.8</td><td>1,203.5</td><td>1,013.4</td><td>190.1</td><td>100.5</td><td>1,200.2</td><td>14,814.1</td></tr><tr><td></td><td>Aug. 25</td><td>182</td><td>786.9</td><td>400.6</td><td>358.2</td><td>42.3</td><td>22.6</td><td>400.0</td><td>10,808.9</td></tr><tr><td>Mar. 3p</td><td>June 2</td><td>91</td><td>2,087.7</td><td>1,100.7</td><td>880.4</td><td>220.4</td><td>16.9</td><td>1,100.9</td><td>14,813.9</td></tr><tr><td></td><td>Sept. 1</td><td>182</td><td>786.7</td><td>400.1</td><td>346.9</td><td>53.2</td><td>24.3</td><td>400.3</td><td>10,808.7</td></tr><tr><td>Mar. 10p</td><td>June 9</td><td>91</td><td>1,778.4</td><td>1,200.1</td><td>954.1</td><td>266.0</td><td>36.9</td><td>1,200.7</td><td>14,813.3</td></tr><tr><td></td><td>Sept. 8</td><td>182</td><td>1,008.1</td><td>400.2</td><td>343.1</td><td>57.1</td><td>17.0</td><td>400.1</td><td>10,808.9</td></tr><tr><td>Mar. 17p</td><td>June 16</td><td>91</td><td>1,953.0</td><td>1,200.3</td><td>939.6</td><td>260.7</td><td>30.6</td><td>1,200.1</td><td>14,813.4</td></tr><tr><td></td><td>Sept. 15</td><td>182</td><td>886.8</td><td>399.9</td><td>335.7</td><td>64.2</td><td>2.4</td><td>399.9</td><td>10,808.9</td></tr><tr><td>Mar. 26p</td><td>June 23</td><td>91</td><td>1,954.0</td><td>1,200.2</td><td>896.0</td><td>303.2</td><td>106.7</td><td>1,201.3</td><td>14,812.3</td></tr><tr><td></td><td>Sept. 22</td><td>182</td><td>917.0</td><td>400.0</td><td>336.5</td><td>63.4</td><td>22.9</td><td>400.3</td><td>10,808.6</td></tr><tr><td>Mar. 31p</td><td>June 30</td><td>91</td><td>1,798.6</td><td>1,100.0</td><td>895.0</td><td>205.0</td><td>36.6</td><td>1,100.2</td><td>14,812.1</td></tr><tr><td></td><td>Sept. 29</td><td>182</td><td>788.0</td><td>400.1</td><td>363.5</td><td>36.6</td><td>1.0</td><td>400.4</td><td>10,808.2</td></tr><tr><th colspan="10">Tax anticipation bills:</th></tr><tr><td>1959-July 8</td><td>1960-Mar. 22</td><td>258</td><td>4,304.4</td><td>3,005.2</td><td>2,673.8</td><td>331.4</td><td>-</td><td>-</td><td>6,006.8</td></tr><tr><td>Aug. 19 2/</td><td>Mar. 22</td><td>216</td><td>3,215.2</td><td>998.9</td><td>767.7</td><td>231.2</td><td>-</td><td>1,501.8 2/</td><td>7,503.9</td></tr><tr><td>Oct. 21</td><td>June 22</td><td>24.5</td><td>3,781.0</td><td>2,002.2</td><td>1,717.3</td><td>285.0</td><td>-</td><td>1,499.8 2/</td><td>6,006.4</td></tr><tr><td>1960-Jan. 8 2/</td><td>June 22</td><td>166</td><td>4,084.6</td><td>2,016.0</td><td>1,647.5</td><td>368.5</td><td>-</td><td>4,004.1 6/</td><td>8,022.3</td></tr><tr><th colspan="10">Other bills:</th></tr><tr><td>1959-Apr. 1</td><td>1960-Jan. 15</td><td>289</td><td>5,444.9</td><td>2,006.2</td><td>1,733.3</td><td>272.9</td><td>-</td><td>-</td><td>4,741.6</td></tr><tr><td>May 11</td><td>Apr. 15</td><td>340</td><td>3,463.9</td><td>2,003.3</td><td>1,703.4</td><td>299.9</td><td>-</td><td>2,735.4 2/</td><td>6,744.9</td></tr><tr><td>July 15</td><td>July 15</td><td>366</td><td>3,173.4</td><td>2,000.9</td><td>1,813.7</td><td>187.2</td><td>-</td><td>-</td><td>4,009.5</td></tr><tr><td>Dec. 2</td><td>Oct. 17</td><td>320</td><td>3,971.2</td><td>2,006.6</td><td>1,606.9</td><td>399.7</td><td>-</td><td>8,016.9</td><td>6,010.4</td></tr><tr><td>1960-Jan. 15</td><td>1961-Jan. 15</td><td>366</td><td>2,303.1</td><td>1,503.7</td><td>1,152.4</td><td>351.4</td><td>51.0</td><td>2,006.2</td><td>7,514.5</td></tr></table>
(Continued on following page)
Source: Bureau of the Public Debt. Preliminary figures are from subscription and allotment reports; final figures are on "clearance" basis in daily Treasury statement. 1/ The 13-week bills represent additional issues of bills with an original maturity of 26 weeks. 2/ For 13-week issues, tenders for $200,000 or less from any one bidder are accepted in full at average price on accepted competitive bids; for
3/ Reopening of previous issue.
4/ September 21, 1959, maturity.
5/ December 22, 1959, maturity.
6/ March 22, 1960, maturity.
7/ May 15, 1959, maturity.
28
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 2.- Offerings of Treasury Bills - (Continued)
<table><tr><th>Issue date</th><th colspan="2">On total bids accepted</th><th colspan="4">On competitive bids accepted</th></tr><tr><th></th><th>Average price per hundred</th><th>Equivalent average rate g/</th><th colspan="2">High</th><th colspan="2">Low</th></tr><tr><th></th><th></th><th>(Percent)</th><th>Price per hundred</th><th>Equivalent rate g/</th><th>Price per hundred</th><th>Equivalent rate g/</th></tr><tr><td>Regular weekly bills:</td><td></td><td></td><td></td><td>(Percent)</td><td></td><td>(Percent)</td></tr><tr><td>1959-Dec. 3</td><td>98.862 97.527</td><td>4.501 4.891</td><td>98.875 97.540</td><td>4.451 4.866</td><td>98.853 97.514</td><td>4.538 4.917</td></tr><tr><td>Dec. 10</td><td>98.828 97.488</td><td>4.638 4.969</td><td>98.836 97.502</td><td>4.605 4.941</td><td>98.824 97.478</td><td>4.652 4.989</td></tr><tr><td>Dec. 17</td><td>98.854 97.556</td><td>4.535 4.834</td><td>98.862 97.572</td><td>4.502 4.803</td><td>98.850 97.548</td><td>4.549 4.850</td></tr><tr><td>Dec. 24</td><td>98.820 97.502</td><td>4.669 4.940</td><td>98.837 97.520</td><td>4.601 4.905</td><td>98.812 97.478</td><td>4.700 4.989</td></tr><tr><td>Dec. 31</td><td>98.858 97.502</td><td>4.517 4.942</td><td>98.865 97.532</td><td>4.490 4.882</td><td>98.854 97.474</td><td>4.534 4.996</td></tr><tr><td>1960-Jan. 7</td><td>98.837 97.422</td><td>4.601 5.099</td><td>98.862 97.448</td><td>4.502 5.048</td><td>98.811 97.400</td><td>4.692 5.123</td></tr><tr><td>Jan. 14</td><td>98.840 97.478</td><td>4.590 4.989</td><td>98.850 97.484</td><td>4.549 4.977</td><td>98.835 97.477</td><td>4.609 4.991</td></tr><tr><td>Jan. 21</td><td>98.879 97.641</td><td>4.136 4.666</td><td>98.886 97.650</td><td>4.407 4.648</td><td>98.875 97.636</td><td>4.451 4.676</td></tr><tr><td>Jan. 28</td><td>98.960 97.670</td><td>4.115 4.607</td><td>98.970 97.682</td><td>4.075 4.585</td><td>98.954 97.668</td><td>4.138 4.613</td></tr><tr><td>Feb. 4</td><td>98.979 97.724</td><td>4.039 4.501</td><td>98.988 97.735</td><td>4.004 4.480</td><td>98.974 97.720</td><td>4.059 4.510</td></tr><tr><td>Feb. 11</td><td>99.099 97.930</td><td>3.563 4.094</td><td>99.112 97.954</td><td>3.513 4.047</td><td>99.080 97.927</td><td>3.640 4.100</td></tr><tr><td>Feb. 18</td><td>98.978 97.829</td><td>4.044 4.294</td><td>98.999 97.854</td><td>3.960 4.245</td><td>98.960 97.818</td><td>4.114 4.316</td></tr><tr><td>Feb. 25 p</td><td>98.946 97.778</td><td>4.169 4.396</td><td>98.969 97.791</td><td>4.079 4.369</td><td>98.936 97.770</td><td>4.209 4.411</td></tr><tr><td>Mar. 3p</td><td>98.919 97.746</td><td>4.277 4.458</td><td>98.926 97.757</td><td>4.249 4.437</td><td>98.916 97.740</td><td>4.288 4.470</td></tr><tr><td>Mar. 10p</td><td>99.080 97.966</td><td>3.641 4.024</td><td>99.093 97.972</td><td>3.588 4.011</td><td>99.057 97.960</td><td>3.731 4.035</td></tr><tr><td>Mar. 17p</td><td>99.128 98.170</td><td>3.450 3.619</td><td>99.138 98.184</td><td>3.410 3.592</td><td>99.123 98.166</td><td>3.469 3.628</td></tr><tr><td>Mar. 24p</td><td>99.293 98.395</td><td>3.033 3.176</td><td>99.241 98.418</td><td>3.303 3.129</td><td>99.220 98.352</td><td>3.086 3.260</td></tr><tr><td>Mar. 31p</td><td>99.294 98.389</td><td>2.792 3.187</td><td>99.315 98.406</td><td>2.710 3.153</td><td>99.262 98.374</td><td>2.920 3.216</td></tr><tr><td>Tax anticipation bills:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1959-July 8</td><td>97.080</td><td>4.075</td><td>97.29</td><td>3.853</td><td>97.033</td><td>4.110</td></tr><tr><td>Aug. 19 3/</td><td>97.768</td><td>3.713</td><td>97.810</td><td>3.650</td><td>97.752</td><td>3.747</td></tr><tr><td>Oct. 21</td><td>96.745</td><td>4.783</td><td>96.854</td><td>4.620</td><td>96.715</td><td>4.827</td></tr><tr><td>1960-Jan. 8 2/</td><td>97.821</td><td>4.726</td><td>97.865</td><td>4.630</td><td>97.810</td><td>4.749</td></tr><tr><td>Other bills:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1959-Apr. 1</td><td>97.282</td><td>3.386</td><td>97.391</td><td>2.250</td><td>97.242</td><td>3.436</td></tr><tr><td>May 11</td><td>96.378</td><td>3.835</td><td>96.468</td><td>3.740</td><td>96.350</td><td>3.866</td></tr><tr><td>July 15</td><td>95.193</td><td>4.728</td><td>95.580</td><td>4.348</td><td>95.100</td><td>4.820</td></tr><tr><td>Dec. 2</td><td>95.680</td><td>4.860</td><td>95.835</td><td>4.686</td><td>95.651</td><td>4.899</td></tr><tr><td>1960-Jan. 15</td><td>94.849</td><td>5.067</td><td>94.927</td><td>4.990</td><td>94.764</td><td>5.150</td></tr></table>
Footnote 3 on preceding paga.
8/ Bank discount basis.
9/ Except $680,000 at 98.945, $600,000 at 98.925, $10,000 at 98.912,
10/ and $200,000 at 98.888.
11/ Except $300,000 at 97.673, and $10,000 at 97.561.
12/ Except $5,000,000 at 98.882, $90,000 at 98.861, and $200,000 at 98.858.
13/ Except $50,000 at 98.900.
14/ Except $250,000 at 98.925, $2,000 at 98.855, and $200,000 at 98.854.
15/ Except $2,000 at 97.840, $500,000 at 97.597, and $50,000 at 97.556.
16/ Except $500,000 at 98.885.
17/ Except $100,000 at 97.510, $100,000 at 97.476, and $50,000 at 97.472.
18/ Except $4,000 at 98.860.
19/ Except $2,000 at 97.675.
20/ Except $100,000 at 98.115, and $268,000 at 99.099.
21/ Except $25,000 at 97.978, $200,000 at 97.942, $505,000 at 97.938, and $40,000 at 97.926.
22 Except $200,000 at 99.00%.
23 Except $1,000 at 97.91%.
24 Except $5,000 at 99.002, $22,000 at 98.989, $5,000 at 98.970, $100,000 at 98.938, and $700,000 at 98.936.
25 Except $300,000 at 98.00%.
26 Except $500,000 at 97.448, $500,000 at 97.447, and $200,000 at 96.911.
27 Except $626,000 at 97.879.
28 Except $600,000 at 97.544, and $50,000 at 97.421.
29 Except $1,300,000 at 96.500.
30 Except $100,000 at 95.795, $10,000 at 95.750, $100,000 at 95.703, $200,000 at 95.681, and $200,000 at 95.650.
31 Except $200,000 at 95.082, $200,000 at 95.361, $25,000 at 95.940, $200,000 at 95.881, and $100,000 at 95.887.
32 Except $2,000 at 95.440, $4,000 at 95.250, $305,000 at 95.171, and $69,000 at 95.000.
p Preliminary.
April 1960
29
PUBLIC DEBT OPERATIONS
Table 3.- New Money Financing through Regular Weekly Treasury Bills
(Dollar amounts in millions)
<table><tr><th colspan="3">Description of issues</th><th rowspan="2">Number of days to maturity</th><th rowspan="2">Amount of bids tendered</th><th rowspan="2">Amount of bids accepted</th><th rowspan="2">Average rate on bids accepted 1/ (Percent)</th><th rowspan="2">New money increase, or decrease (-)</th></tr><tr><th>Issue date</th><th>Maturity date</th><th></th></tr><tr><td>1953-Apr. 23</td><td>1953-July 23</td><td>91</td><td>$ 2,202</td><td>$ 1,501</td><td>2.320</td><td>$ 100</td></tr><tr><td>May 7</td><td>Aug. 6</td><td>91</td><td>2,166</td><td>1,500</td><td>2.352</td><td>200</td></tr><tr><td>May 21</td><td>Aug. 20</td><td>91</td><td>2,340</td><td>1,501</td><td>2.092</td><td>200</td></tr><tr><td>May 28</td><td>Aug. 27</td><td>91</td><td>2,087</td><td>1,501</td><td>2.084</td><td>200</td></tr><tr><td>June 4</td><td>Sept. 3</td><td>91</td><td>1,782</td><td>1,500</td><td>2.416</td><td>199</td></tr><tr><td>June 11</td><td>Sept. 10</td><td>91</td><td>2,290</td><td>1,400</td><td>2.323</td><td>198</td></tr><tr><td>June 18</td><td>Sept. 17</td><td>91</td><td>2,207</td><td>1,501</td><td>2.228</td><td>300</td></tr><tr><td>June 25</td><td>Sept. 24</td><td>91</td><td>1,985</td><td>1,500</td><td>1.954</td><td>300</td></tr><tr><td>July 2</td><td>Oct. 1</td><td>91</td><td>2,192</td><td>1,500</td><td>2.106</td><td>300</td></tr><tr><td>July 9</td><td>Oct. 8</td><td>91</td><td>2,167</td><td>1,501</td><td>2.007</td><td>100</td></tr><tr><td>July 16</td><td>Oct. 15</td><td>91</td><td>2,277</td><td>1,500</td><td>2.106</td><td>100</td></tr><tr><td>Sept. 10</td><td>Dec. 10</td><td>91</td><td>2,023</td><td>1,501</td><td>1.953</td><td>101</td></tr><tr><td>1955-July 7</td><td>1955-Oct. 6</td><td>91</td><td>2,119</td><td>1,600</td><td>1.541</td><td>99</td></tr><tr><td>July 14</td><td>Oct. 13</td><td>91</td><td>2,258</td><td>1,600</td><td>1.606</td><td>100</td></tr><tr><td>July 21</td><td>Oct. 20</td><td>91</td><td>2,390</td><td>1,600</td><td>1.619</td><td>100</td></tr><tr><td>July 28</td><td>Oct. 27</td><td>91</td><td>2,403</td><td>1,601</td><td>1.720</td><td>100</td></tr><tr><td>Aug. 4</td><td>Nov. 3</td><td>91</td><td>2,328</td><td>1,601</td><td>1.850</td><td>100</td></tr><tr><td>Aug. 11</td><td>Nov. 10</td><td>91</td><td>2,292</td><td>1,601</td><td>1.889</td><td>98</td></tr><tr><td>Aug. 18</td><td>Nov. 17</td><td>91</td><td>2,369</td><td>1,601</td><td>1.888</td><td>100</td></tr><tr><td>Aug. 25</td><td>Nov. 25</td><td>92</td><td>2,178</td><td>1,600</td><td>1.875</td><td>100</td></tr><tr><td>Sept. 1</td><td>Dec. 1</td><td>91</td><td>2,202</td><td>1,600</td><td>2.088</td><td>99</td></tr><tr><td>Sept. 8</td><td>Dec. 8</td><td>91</td><td>2,282</td><td>1,602</td><td>2.135</td><td>102</td></tr><tr><td>Sept. 15</td><td>Dec. 15</td><td>91</td><td>2,654</td><td>1,602</td><td>2.104</td><td>99</td></tr><tr><td>Sept. 22</td><td>Dec. 22</td><td>91</td><td>2,328</td><td>1,601</td><td>1.981</td><td>98</td></tr><tr><td>Sept. 29</td><td>Dec. 29</td><td>91</td><td>2,317</td><td>1,601</td><td>2.122</td><td>101</td></tr><tr><td>1957-Jan. 31</td><td>1957-May 2</td><td>91</td><td>2,624</td><td>1,700</td><td>3.283</td><td>99</td></tr><tr><td>Feb. 7</td><td>May 9</td><td>91</td><td>2,626</td><td>1,700</td><td>3.133</td><td>99</td></tr><tr><td>Feb. 14</td><td>May 16</td><td>91</td><td>2,719</td><td>1,700</td><td>3.057</td><td>99</td></tr><tr><td>Feb. 21</td><td>May 23</td><td>91</td><td>2,580</td><td>1,800</td><td>3.182</td><td>200</td></tr><tr><td>Feb. 28</td><td>May 31</td><td>92</td><td>2,741</td><td>1,802</td><td>3.288</td><td>202</td></tr><tr><td>Mar. 7</td><td>June 6</td><td>91</td><td>2,769</td><td>1,800</td><td>3.266</td><td>200</td></tr><tr><td>Mar. 14</td><td>June 13</td><td>91</td><td>2,830</td><td>1,802</td><td>3.239</td><td>202</td></tr><tr><td>Dec. 19</td><td>1958-Mar. 20</td><td>91</td><td>2,348</td><td>1,700</td><td>3.140</td><td>100</td></tr><tr><td>Dec. 26</td><td>Mar. 27</td><td>91</td><td>2,416</td><td>1,700</td><td>3.173</td><td>98</td></tr><tr><td>1958-Jan. 2</td><td>Apr. 3</td><td>91</td><td>2,388</td><td>1,700</td><td>2.753</td><td>101</td></tr><tr><td>Jan. 9</td><td>Apr. 10</td><td>91</td><td>2,430</td><td>1,700</td><td>2.858</td><td>100</td></tr><tr><td>Jan. 16</td><td>Apr. 17</td><td>91</td><td>2,682</td><td>1,701</td><td>2.591</td><td>100</td></tr><tr><td>Jan. 23</td><td>Apr. 24</td><td>91</td><td>2,751</td><td>1,702</td><td>2.587</td><td>100</td></tr><tr><td>Mar. 13</td><td>June 12</td><td>92</td><td>2,436</td><td>1,700</td><td>1.532</td><td>-100</td></tr><tr><td>Sept. 11</td><td>Dec. 11</td><td>91</td><td>2,550</td><td>1,800</td><td>2.359</td><td>100</td></tr><tr><td>Sept. 18</td><td>Dec. 18</td><td>91</td><td>2,636</td><td>1,800</td><td>2.604</td><td>99</td></tr><tr><td>Sept. 25</td><td>Dec. 26</td><td>92</td><td>2,576</td><td>1,800</td><td>2,511</td><td>99</td></tr><tr><td>Oct. 2</td><td>1959-Jan. 2</td><td>92</td><td>2,291</td><td>1,801</td><td>2,920</td><td>101</td></tr><tr><td>Oct. 9</td><td>Jan. 8</td><td>91</td><td>2,382</td><td>1,800</td><td>2,668</td><td>100</td></tr><tr><td>Oct. 16</td><td>Jan. 15</td><td>91</td><td>3,088</td><td>1,803</td><td>2,927</td><td>104</td></tr><tr><td>Oct. 23</td><td>Jan. 22</td><td>91</td><td>2,987</td><td>1,800</td><td>2.804</td><td>99</td></tr><tr><td>Oct. 30</td><td>Jan. 29</td><td>91</td><td>2,872</td><td>1,803</td><td>2,647</td><td>102</td></tr><tr><td>Nov. 6</td><td>Feb. 5</td><td>91</td><td>2,814</td><td>1,802</td><td>2,649</td><td>102</td></tr><tr><td>Nov. 13</td><td>Feb. 13</td><td>92</td><td>2,857</td><td>1,801</td><td>2.774</td><td>101</td></tr><tr><td>Dec. 11</td><td>Mar. 12</td><td>91</td><td>2,407</td><td>1,600</td><td>2,805</td><td>200</td></tr><tr><td>Dec. 18</td><td>Mar. 19</td><td>91</td><td>2,476</td><td>1,600</td><td>3,081</td><td>200</td></tr><tr><td>Dec. 18</td><td>June 18</td><td>182</td><td>762</td><td>4,00</td><td>3,095</td><td>200</td></tr><tr><td>Dec. 26</td><td>Mar. 26</td><td>90</td><td>2,394</td><td>1,601</td><td>2.739</td><td>201</td></tr><tr><td>Dec. 26</td><td>June 25</td><td>181</td><td>834</td><td>4,00</td><td>3,017</td><td>201</td></tr><tr><td>1959-Jan. 2</td><td>Apr. 2</td><td>90</td><td>2,479</td><td>1,600</td><td>2,690</td><td>199</td></tr><tr><td>Jan. 8</td><td>Apr. 9</td><td>91</td><td>2,508</td><td>1,599</td><td>2,678</td><td>199</td></tr><tr><td>Jan. 15</td><td>Apr. 16</td><td>91</td><td>2,178</td><td>1,600</td><td>2,808</td><td>197</td></tr><tr><td>Jan. 15</td><td>July 16</td><td>182</td><td>734</td><td>4,01</td><td>3,034</td><td>197</td></tr></table>
Footnote at end of table.
(Continued on following page)
30
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 3.- New Money Financing through Regular Weekly Treasury Bills - (Continued)
(Dollar amounts in millions)
<table><tr><th colspan="3">Description of issue</th><th rowspan="2">Amount of bids tendered</th><th rowspan="2">Amount of bids accepted</th><th rowspan="2">Average rate on bids accepted 1/ (Percent)</th><th rowspan="2">New money increase, or decrease (-)</th></tr><tr><th>Issue date</th><th>Maturity date</th><th>Number of days to maturity</th></tr><tr><td>1959-Mar. 5</td><td>1959-June 4 (Sept. 3)</td><td>91 182</td><td>$2,090 724</td><td>$1,500 400</td><td>2.816 3.111</td><td>$101</td></tr><tr><td>Mar. 12 2</td><td>June 11 (Sept. 10)</td><td>91 182</td><td>2,254 967</td><td>1,301 400</td><td>3.062 3.375</td><td>101</td></tr><tr><td>Mar. 19</td><td>June 18 (Sept. 17)</td><td>91 182</td><td>2,019 727</td><td>1,301 400</td><td>2.763 3.058</td><td>100</td></tr><tr><td>Mar. 26</td><td>June 25 (Sept. 24)</td><td>91 182</td><td>2,122 671</td><td>1,300 400</td><td>2.766 3.093</td><td>100</td></tr><tr><td>Aug. 13</td><td>1959-Nov. 12 (1960-Feb. 11)</td><td>91 182</td><td>1,866 875</td><td>1,200 400</td><td>3.150 3.690</td><td>199</td></tr><tr><td>Aug. 20</td><td>1959-Nov. 19 (1960-Feb. 18)</td><td>91 182</td><td>1,853 790</td><td>1,200 400</td><td>3.417 3.782</td><td>199</td></tr><tr><td>Aug. 27</td><td>1959-Nov. 27 (1960-Feb. 25)</td><td>92 182</td><td>1,964 693</td><td>1,200 400</td><td>3.824 4.152</td><td>204</td></tr></table>
Source: See Table 2. Information in Table 3 covers bill offerings January 2, 1953, through March 31, 1960. 1/ Equivalent average rate on bank discount basis.
2/ Beginning March 12, 1959, the 13-week bills represent additional issues of bills with an original maturity of 26 weeks.
April 1960
31
PUBLIC DEBT OPERATIONS
Table 4.- Offerings of Public Marketable Securities Other Than Regular Weekly Treasury Bills
<table><tr><th>Date subscription books opened or bill tenders received</th><th>Date of issue</th><th>Description of security 1/</th><th>Period to final maturity (years, months, days) 2/</th><th>Amount of subscriptions tendered</th><th>Amount issued</th><th>Allotment ratio</th></tr><tr><th></th><th></th><th></th><th></th><th>Cash 3/</th><th>Exchange</th><th>For cash 2/</th><th>In exchange 4/</th><th></th></tr><tr><td>2/2/53</td><td>2/15/53 2/15/53</td><td>2-1/2$ Certificate 2-1/2$ Bond</td><td>2/15/54-A 12/15/58</td><td>ly 5y 10m</td><td>(in millions of dollars)</td><td>8,114 620</td><td>8,114 383</td><td>100</td></tr><tr><td>5/</td><td>4/1/53 5/1/53</td><td>1-1/2$ Note 1-1/2$ Bond</td><td>4/1/58-EA 6/15/78-B3</td><td>5y 30y 1m</td><td>-</td><td>383</td><td>-</td><td>100</td></tr><tr><td>4/13/53</td><td>5/20/53</td><td>2-5/8$ Certificate</td><td>6/1/54-B</td><td>ly</td><td>5,250</td><td>418 6/</td><td>1,188</td><td>2/</td></tr><tr><td>5/29/53</td><td>6/3/53</td><td>2.383$ Bill</td><td>9/18/53 - Tax ent. 8/ (at auction)</td><td>107d</td><td>1,676</td><td>4,858</td><td>800</td><td>100</td></tr><tr><td>7/6/53</td><td>7/15/53</td><td>2-1/2$ Certificate</td><td>3/22/54-C - Tax art. 9/</td><td>8m</td><td>8,687</td><td>-</td><td>5,902</td><td>10/</td></tr><tr><td>8/5/53</td><td>8/15/53</td><td>2-5/8$ Certificate</td><td>8/15/54-D</td><td>ly</td><td>-</td><td>2,788</td><td>-</td><td>100</td></tr><tr><td>9/2/53</td><td>9/15/53 9/15/53</td><td>2-5/8$ Certificate 2-7/8$ Note</td><td>9/15/54-E 3/15/57-A</td><td>ly 3y 6m</td><td>-</td><td>4,724 2,997</td><td>- 2,788 4,724 2,997</td><td>100</td></tr><tr><td>5/</td><td>10/1/53 11/9/53</td><td>1-1/2$ Note 2-3/4$ Bond</td><td>10/1/58-EO 9/15/61</td><td>5y 7y 10m</td><td>-</td><td>121</td><td>-</td><td>100</td></tr><tr><td>10/28/53</td><td>12/1/53 2/15/53</td><td>1-7/8$ Note 2-1/2$ Bond</td><td>12/15/54-B 12/15/58 - Reopening</td><td>ly 5y 8m</td><td>12,543</td><td>-</td><td>2,239</td><td>11/</td></tr><tr><td>11/18/53</td><td>2/15/54</td><td>1-5/8$ Certificate 2-1/2$ Bond</td><td>2/15/55-A 11/15/61</td><td>ly 7y 9m</td><td>-</td><td>8,175 1,748</td><td>8,175 1,748</td><td>100</td></tr><tr><td>2/1/54</td><td>3/22/54</td><td>1-956$ Bill</td><td>6/24/54 - Tax ent. 8/ (at auction)</td><td>96d</td><td>2,717</td><td>7,007 11,177</td><td>-</td><td>100</td></tr><tr><td>3/16/54</td><td>4/27/54</td><td>1.726$ Bill</td><td>6/18/54 - Tax ent. 8/ (at auction)</td><td>52d</td><td>2,987</td><td>-</td><td>1,001</td><td></td></tr><tr><td>4/21/54</td><td>4/1/54 5/17/54</td><td>1-1/2$ Note 1-7/8$ Note</td><td>4/1/59-EA 2/15/59-A</td><td>5y 4y 9m</td><td>-</td><td>119</td><td>-</td><td>100</td></tr><tr><td>5/</td><td>n 5/17/54</td><td>n 1-1/8$ Certificate</td><td>n 5/17/55-B</td><td>n 1y</td><td>9,750</td><td>2,897</td><td>2,205</td><td>12/</td></tr><tr><td>5/5/54</td><td>5/17/54</td><td>1-1/8$ Certificate</td><td>5/17/55-C - Tax ent. 9/</td><td>7m</td><td>-</td><td>3,886</td><td>-</td><td>100</td></tr><tr><td>7/21/54</td><td>8/2/54 8/15/54</td><td>1$ Certificate 1-1/8$ Certificate 2-1/8$ Bond</td><td>8/22/55-D 11/15/60</td><td>ly 6y 3m</td><td>9,250</td><td>3,558 3,806</td><td>3,734</td><td>12/</td></tr><tr><td>8/3/54</td><td>8/15/54</td><td>1-5/8$ Note</td><td>5/15/57-B</td><td>2y 7m</td><td>8,190</td><td>-</td><td>4,155</td><td>16/</td></tr><tr><td>9/23/54</td><td>10/1/54</td><td>1-1/2$ Note</td><td>10/1/59-EO</td><td>5y</td><td>-</td><td>99</td><td>-</td><td>100</td></tr><tr><td>5/</td><td>8/15/54 12/15/54</td><td>1-1/8$ Certificate 1-1/4$ Certificate 2-1/2$ Bond</td><td>8/15/55-D - Reopening 12/15/55-E 8/15/63</td><td>8m 1y 8y 9m</td><td>-</td><td>4,919 5,359 6,755</td><td>-</td><td>100</td></tr><tr><td>11/22/54</td><td>2/15/55 2/15/55</td><td>1-5/8$ Note 2$ Note</td><td>3/15/56-A 8/15/57-C 2/15/59</td><td>ly 2y 6m 40y</td><td>-</td><td>8,472 3,792 1,924</td><td>8,472 3,792 1,924</td><td>100</td></tr><tr><td>2/1/55</td><td>4/1/55 1-3/4$ Certificate</td><td>1-3/4$ Bond</td><td>6/22/55-F - Tax ent. 9/</td><td>2m</td><td>7,938</td><td>-</td><td>3,210</td><td>13/</td></tr><tr><td>3/22/55</td><td>4/1/55 5/17/55</td><td>1-1/2$ Note 2$ Note</td><td>4/1/60-EA 8/15/56-B</td><td>5y 1y 3m</td><td>-</td><td>198</td><td>-</td><td>100</td></tr><tr><td>5/</td><td>5/17/55 7/18/55</td><td>1-7/8$ Certificate</td><td>3/22/56-A - Tax ent. 9/</td><td>8m</td><td>3,989</td><td>3,174</td><td>2,532</td><td>15/</td></tr><tr><td>5/3/55</td><td>7/18/55 7/18/55</td><td>1-7/8$ Certificate</td><td>3/22/56-A - Tax ent. 9/</td><td>8m</td><td>10,620</td><td>-</td><td>2,202</td><td>16/</td></tr><tr><td>7/11/55</td><td>2/15/55 8/1/55</td><td>3$ Bond 2$ Certificate</td><td>2/15/95 - Reopening 6/22/56-B - Tax ent. 9/</td><td>39y 7m 10m</td><td>1,720</td><td>-</td><td>821</td><td>12/</td></tr><tr><td>7/20/55</td><td>5/17/55 10/11/55</td><td>2$ Note 2-1/4$ Certificate</td><td>8/15/56-B - Reopening 6/22/56-C - Tax ent. 9/</td><td>ly 8m 5y</td><td>8,778</td><td>1,486 6,841</td><td>-</td><td>100</td></tr><tr><td>10/3/55</td><td>10/1/55 12/1/55</td><td>1-1/2$ Note 2-5/8$ Certificate</td><td>10/1/60-EO 12/1/56-D</td><td>5y 1y 2y</td><td>-</td><td>278</td><td>-</td><td>18/</td></tr><tr><td>11/28/55</td><td>12/15/55 12/15/55</td><td>2-7/8$ Note 2.465$ Bill</td><td>6/15/58-A 3/23/56 - Tax ent. 8/ (at auction)</td><td>99d</td><td>4,130</td><td>9,083 2,283</td><td>1,501</td><td>100</td></tr><tr><td>12/8/55</td><td>3/5/56 4/1/56</td><td>2-5/8$ Certificate 1-7/8$ Note</td><td>2/15/57-A 6/15/58-A - Reopening 4/1/61-EA</td><td>11m 27 3m 5y</td><td>-</td><td>7,219 2,109 144</td><td>-</td><td>100</td></tr><tr><td>3/5/56</td><td>4/1/56 7/16/56</td><td>1-1/2$ Note 2-3/4$ Note</td><td>4/1/61-EA 8/1/57-D</td><td>ly 1m</td><td>-</td><td>12,056</td><td>-</td><td>100</td></tr><tr><td>7/16/56</td><td>8/15/56 10/1/56</td><td>2-3/4$ Certificate 1-1/2$ Note</td><td>3/22/57-B - Tax ent. 9/ 10/1/61-EO</td><td>7m 5y</td><td>10,613</td><td>-</td><td>3,221 332</td><td>15/</td></tr><tr><td>8/6/56</td><td>10/1/56 10/17/56</td><td>2-3/4$ Certificate</td><td>10/1/61-EO</td><td>5y</td><td>-</td><td>332</td><td>-</td><td>100</td></tr><tr><td>10/10/56</td><td>11/16/56</td><td>2.627$ Bill</td><td>1/16/57 - At auction</td><td>91d</td><td>4,761</td><td>-</td><td>1,603</td><td></td></tr><tr><td>11/13/56</td><td>12/1/56</td><td>2.617$ Bill</td><td>2/15/57 - At auction</td><td>91d</td><td>4,637</td><td>-</td><td>1,750</td><td></td></tr><tr><td>11/19/56</td><td>12/1/56 12/1/56</td><td>3-1/4$ Certificate 3-1/4$ Certificate</td><td>6/24/57-C - Tax art. 9/ 10/1/57-D</td><td>6m 10m</td><td>-</td><td>1,312 7,271</td><td>-</td><td>100</td></tr><tr><td>12/12/56</td><td>12/17/56</td><td>2.58$ Bill</td><td>3/22/57 - Tax ent. 8/ (at auction)</td><td>95d</td><td>3,786</td><td>-</td><td>1,006</td><td></td></tr></table>
Footnotes at end of table.
(Continued on following page)
32
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 4.- Offerings of Public Marketable Securities Other Than Regular Weekly Treasury Bills - (Continued)
<table><tr><th>Date subscription opened or bill tenders received</th><th>Date of issue</th><th>Description of security 1/</th><th>Period to final maturity (years, months, days) 2/</th><th>Amount of subscriptions tendered</th><th>Amount issued</th><th>Allo-ment ratio</th></tr><tr><th></th><th></th><th></th><th></th><th>Cash 2/</th><th>For cash 3/</th><th>Exchange</th><th>Exch. 4/</th><th></th></tr><tr><td>1/11/57</td><td>1/16/57</td><td>3.305% Bill</td><td>6/24/57 - Tax ant. 8/ (At auction)</td><td>159d</td><td>2,414</td><td>1,601 20/</td><td>8,414</td><td rowspan="2">100</td></tr><tr><td>2/4/57</td><td>2/15/57</td><td>3-3/8% Certificate</td><td>2/14/58-A</td><td>1y</td><td>8,414</td><td>1,464</td><td>8,414</td></tr><tr><td>2/7/57</td><td>2/15/57</td><td>3-213% Bill</td><td>6/24/57 - Tax ant. 8/</td><td>129d</td><td>2,302</td><td>1,750 20/</td><td>942</td><td>21/</td></tr><tr><td>3/18/57</td><td>2/15/57</td><td>3-3/8% Certificate</td><td>2/14/58-A - Reopening</td><td>100m</td><td>7,489</td><td>2,437</td><td>-</td><td>21/</td></tr><tr><td>5/</td><td>4/1/57</td><td>1-1/2% Note</td><td>4/1/62-BA</td><td>3y 10m</td><td>5,868</td><td>551</td><td>551</td><td>100</td></tr><tr><td>5/6/57</td><td>5/1/57</td><td>3-1/2% Certificate</td><td>4/15/58-B</td><td>5y</td><td>-</td><td>2,351</td><td>647</td><td>100</td></tr><tr><td>5/22/57</td><td>5/27/57</td><td>2.825% Bill</td><td>9/23/57 - Tax ant. 8/ (At auction)</td><td>119d</td><td>3,689</td><td>1,501</td><td>-</td><td></td></tr><tr><td>6/26/57</td><td>7/3/57</td><td>3.485% Bill</td><td>3/24/58 - Tax ant. 8/ (At auction)</td><td>264d</td><td>4,547</td><td>3,002</td><td>-</td><td></td></tr><tr><td>7/22/57</td><td>8/1/57</td><td>3-5/8% Certificate</td><td>12/1/57-E</td><td>4m</td><td>9,871</td><td>100</td><td>9,871</td><td rowspan="2">100 23/</td></tr><tr><td>8/14/57</td><td>8/1/57</td><td>4% Certificate</td><td>8/1/58-C</td><td>1y</td><td>10,487</td><td>100</td><td>10,487</td></tr><tr><td>8/21/57</td><td>8/21/57</td><td>4.173% Bill</td><td>4/15/58 - At auction</td><td>237d</td><td>3,178</td><td>1,751</td><td>-</td><td></td></tr><tr><td>9/16/57</td><td>8/1/57</td><td>4% Certificate</td><td>8/1/58-C - Reopening</td><td>10m</td><td>3,067</td><td>933</td><td>-</td><td>25/</td></tr><tr><td>5/</td><td>10/1/57</td><td>1-1/2% Note</td><td>10/1/69</td><td>4y 11m</td><td>6,121</td><td>2,000</td><td>657</td><td>26/</td></tr><tr><td>11/20/57</td><td>11/29/57</td><td>3-3/4% Note</td><td>11/15/62-C</td><td>5y</td><td>7,786</td><td>590</td><td>590</td><td>100</td></tr><tr><td>11/21/57</td><td>12/1/57</td><td>3-3/4% Bond</td><td>11/15/74</td><td>1y</td><td>3,817</td><td>654</td><td>-</td><td>27/28/</td></tr><tr><td>2/3/58</td><td>2/14/58</td><td>2-1/2% Certificate</td><td>2/14/59-A</td><td>1y</td><td>9,833</td><td>-</td><td>9,833</td><td>100</td></tr><tr><td>2/28/58</td><td>2/14/58</td><td>3% Bond</td><td>2/15/64</td><td>6y</td><td>3,854</td><td>1,727</td><td>3,854</td><td>100</td></tr><tr><td>5/</td><td>4/1/58</td><td>1-1/2% Note</td><td>4/1/63-BA</td><td>8y 54m</td><td>6,715</td><td>1,484</td><td>533</td><td>29/</td></tr><tr><td>4/7/58</td><td>4/15/58</td><td>2-5/8% Note</td><td>2/15/63-A</td><td>4y 10m</td><td>15,741</td><td>3,971</td><td>533</td><td>100</td></tr><tr><td>6/3/58</td><td>6/3/58</td><td>3-1/4% Bond</td><td>5/15/85 - Issued at 100%</td><td>26y 11m</td><td>2,570</td><td>1,135</td><td>-</td><td>31/</td></tr><tr><td>6/4/58</td><td>6/15/58</td><td>1-1/4% Certificate</td><td>5/15/59-B</td><td>11m</td><td>-</td><td>1,817</td><td>1,817</td><td>100</td></tr><tr><td>7/21/58</td><td>8/1/58</td><td>1-5/8% Certificate</td><td>8/1/59-C</td><td>6y 8m</td><td>13,500</td><td>13,500</td><td>-</td><td>100</td></tr><tr><td>7/29/58</td><td>8/6/58</td><td>1-1/2% Certificate</td><td>3/24/59-D - Tax ant. 2/</td><td>8m</td><td>5,962</td><td>3,567</td><td>-</td><td>32/</td></tr><tr><td>5/</td><td>10/1/58</td><td>1-1/2% Note</td><td>10/1/63-BO</td><td>5y</td><td>506</td><td>506</td><td>-</td><td>100</td></tr><tr><td>9/29/58</td><td>10/8/58</td><td>3.25% Bill</td><td>5/15/59 - Special at fixed price</td><td>219d</td><td>5,805</td><td>2,735</td><td>-</td><td>31/</td></tr><tr><td>11/14/58</td><td>11/20/58</td><td>2.999% Bill</td><td>6/22/59 - Tax ant. 8/ (At auction)</td><td>214d</td><td>5,950</td><td>2,997</td><td>-</td><td></td></tr><tr><td>11/19/58</td><td>12/1/58</td><td>3-3/8% Certificate</td><td>11/15/59-E - Issued at 99.95</td><td>114m</td><td>7,711</td><td>7,711</td><td>4,078</td><td>100</td></tr><tr><td>1/12/59</td><td>1/21/59</td><td>3-1/4% Note</td><td>5/15/60-B - Issued at 99-7/8</td><td>2y 54m</td><td>5,508</td><td>2,738</td><td>884</td><td>36/35/</td></tr><tr><td>2/2/59</td><td>2/15/59</td><td>3-3/4% Bond</td><td>5/15/60-B - Issued at 99.00</td><td>1y 1m</td><td>1,800</td><td>-</td><td>11,363</td><td>100</td></tr><tr><td>2/11/59</td><td>2/16/59</td><td>3.293% Bill</td><td>9/21/59 - Tax ant. 8/ (At auction)</td><td>217d</td><td>2,984</td><td>1,502</td><td>1,435</td><td></td></tr><tr><td>3/23/59</td><td>4/1/59</td><td>4% Note</td><td>5/15/63-B</td><td>4y 19m</td><td>3,052</td><td>1,743</td><td>619</td><td>36/37/</td></tr><tr><td>5/</td><td>4/1/59</td><td>1-1/2% Note</td><td>4/1/64-BA</td><td>10y 6m</td><td>1,502</td><td>457</td><td>457</td><td>100</td></tr><tr><td>3/26/59</td><td>4/1/59</td><td>3.386% Bill</td><td>1/15/60 - At auction</td><td>289d</td><td>3,445</td><td>2,006</td><td>-</td><td></td></tr><tr><td>5/6/59</td><td>5/11/59</td><td>3.835% Bill</td><td>4/15/60 - At auction</td><td>340d</td><td>3,461</td><td>2,003</td><td>-</td><td></td></tr><tr><td>5/7/59</td><td>5/15/59</td><td>3.565% Bill</td><td>12/22/59 - Tax ant. 8/ (At auction)</td><td>221d</td><td>1,699</td><td>1,500</td><td>-</td><td></td></tr><tr><td>5/11/59</td><td>5/15/59</td><td>4% Certificate</td><td>5/15/60-B - Issued at 99.95</td><td>1y</td><td>1,269</td><td>-</td><td>1,269</td><td>100</td></tr></table>
Footnotes on end of table.
(Continued on following page)
April 1960
33
PUBLIC DEBT OPERATIONS
Table 4.- Offerings of Public Marketable Securities Other Than Regular Weekly Treasury Bills - (Continued)
<table><tr><th>Date subscription books opened or bill tenders received</th><th>Date of issue</th><th>Description of security</th></tr><tr><td>7/1/59</td><td>7/8/59</td><td>4.075% B111</td><td>- 3/22/60 - Tax amt. 8/ (At auction)</td></tr><tr><td>7/8/59</td><td>7/15/59</td><td>4.728% B111</td><td>- 7/15/60 - At auction</td></tr><tr><td>7/20/59</td><td>7/20/59</td><td>4-3/4% Note</td><td>- 5/15/64-A</td></tr><tr><td></td><td>8/1/59</td><td>4-3/4% Note</td><td>- 8/15/60-C</td></tr><tr><td>8/13/59</td><td>7/8/59</td><td>3.779% B111</td><td>- 3/22/60 - Tax amt. 8/ (Reopening)</td></tr><tr><td>5/</td><td>10/1/59</td><td>1-1/2% Note</td><td>- 10/1/64-E0</td></tr><tr><td>10/6/59</td><td>10/15/59</td><td>5% Note</td><td>- 8/15/64-B</td></tr><tr><td>10/14/59</td><td>10/21/59</td><td>4.783% B111</td><td>- 6/22/60 - Tax amt. 8/ (At auction)</td></tr><tr><td>11/2/59.</td><td>11/15/59</td><td>4-3/4% Certificates</td><td>- 11/15/60-C</td></tr><tr><td></td><td>11/15/59</td><td>4-7/8% Note</td><td>- 11/15/63-C</td></tr><tr><td>11/23/59</td><td>7/20/59</td><td>4-3/4% Note</td><td>- 5/15/64-A - Reopening at 93-3/4</td></tr><tr><td>11/24/59</td><td>12/2/59</td><td>4.860% B111</td><td>- 10/17/60 - At auction</td></tr><tr><td>1/5/60</td><td>10/21/59</td><td>4.726% B111</td><td>- 6/22/60 - Tax amt. 8/ (Reopening)</td></tr><tr><td>1/12/60</td><td>1/15/60</td><td>5.067% B111</td><td>- 1/15/61 - At auction</td></tr><tr><td>2/1/60</td><td>2/15/60</td><td>4-7/8% Certificate</td><td>- 2/15/61-A</td></tr><tr><td></td><td>2/15/60</td><td>4-7/8% Note</td><td>- 11/15/64-C - Issued at 99.75</td></tr><tr><td>5/</td><td>4/1/60</td><td>1-1/2% Note</td><td>- 4/1/65-EA</td></tr><tr><td>4/4/60</td><td>4/5/60</td><td>4-1/4% Bond</td><td>- 5/15/75-85</td></tr><tr><td></td><td>4/11/60</td><td>4% Note</td><td>- 5/15/62-E</td></tr></table>
Sources: Bureau of the Public Debt. Preliminary figures are from sub-cription and allotment reports; final figures are on "clearance" basis in daily Treasury statement.
1/ Issued at par except as noted. For bill issues sold at auction, the rate shown is the equivalent average rate (bank discount basis) on auction bids. For details of bill offerings, see Table 2. In re-openings, the amount issued is in addition to the amount in original offering.
2/ From date of additional issue in case of a reopening.
3/ Subscriptions shown are from the public, but amounts issued include allotments to Government investment accounts.
4/ For bills maturing after exchange for new issues, see Table 6.
5/ Exchange offering available to owners of nonmarketable 2-3/4 Treasury Bonds, Investment Series B-1975-80, dated April 1, 1951. For further information on the original offering see "Treasury Bulletin" for April 1951, page A-1. Amounts shown are as of March 31, 1960.
6/ The bond offering was made available for exchange of Series F and G bonds maturing before March 31, 1962, through December 31, 1953.
7/ Total allotments on cash subscriptions were limited to approximately $1,000 million. Nonbank subscriptions in amounts up to and including $5,000 were allotted in full. All other subscriptions were allotted 20 percent. Commercial banks' subscriptions were restricted to an amount not exceeding 5 percent of their time deposits as of December 31, 1952. The Treasury had the right to allot limited amounts of these bonds to Government investment accounts, which subscribed to a total amount of $118 million. Payment for the bonds allotted could be made with accrued interest at any time not later than July 31, 1953.
8/ Tax anticipation bill, acceptable at face value in payment of income and profit taxes due on the quarterly payment date immediately preceding maturity.
9/ Tax anticipation certificates, acceptable at par plus accrued interest to maturity in payment of income and profits taxes due on the quarterly payment date immediately preceding maturity.
10/ Subscriptions for amounts up to and including $100,000 were allotted in full. For amounts from $100,000 to $100,000 were allotted 67 percent but in no case less than $100,000.
11/ Subscriptions for amounts up to and including $10,000 were allotted
in full. Subscriptions from mutual savings banks, insurance companies pension and retirement funds, and State and local governments were allotted 24 percent. All others, including commercial banks, were allotted 16 percent but not less than $10,000 on any one subscription Subscriptions for amounts up to and including $10,000 were allotted in full. All other subscriptions were allotted 22 percent but in no case less than $10,000. 
13/ Subscriptions for amounts up to and including $50,000 were allotted in full. Subscriptions for amounts over $50,000 were allotted 40 percent but in no case less than $50,000. 
14/ Subscriptions for amounts up to and including $50,000 were allotted in full. Subscriptions for amounts over $50,000 were allotted 50 percent but in no case less than $50,000. 
15/ Cash subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 62 percent but in no case less than $100,000 
16/ Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 19 percent but in no case less than $100,000 
17/ Subscriptions from savings-type investors totaled $749 million and were allotted 65 percent. Subscriptions from all other investors totaled $970 million and were allotted 30 percent. Subscriptions from all other investors were allotted in full. Subscriptions for more than $25,000 were allotted not less than $25,000. In addition to the amount allotted to the public, $25 million of the bonds were allotted to Government investment accounts. Savings-type investors were given the privilege of deferring payment for the bonds, provided that not less than 25 percent of the bonds allotted were paid for by July 20, 1957, less than 60 percent by September 1, 1957, and full payment by October 3, 1957. 
18/ Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 32 percent but in no case less than $100,000 
19/ Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 29 percent but in no case less than $100,000 
20/ Issued as a roll-over of bills maturing January 16, 1957, and February 15, 1957, respectively.
34
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Footnotes to Table 4 - (Continued)
21. Subscriptions in excess of $100,000 were allotted 31 percent for the certificates and 12 percent for the notes. Subscriptions for $100,000 or less for both issues were allotted in full and subscriptions for more than $100,000 were allotted not less than $100,000. In addition to the amount allotted to the public, $100 million of the notes were allotted to Government investment accounts.
22. Redeemable at the option of the holder on August 1, 1959, on three months' advance notice.
23. In addition to the amounts issued in exchange, the Treasury allotted $100 million of the bonds to Government investment accounts.
24. Redeemable at the option of the holder on February 15, 1960, on three months' advance notice.
25. Subscriptions in excess of $100,000 were allotted 22 percent for the certificates and 28 percent for the notes. Subscriptions for $100,000 or less for both issues were allotted in full, and subscriptions for more than $100,000 were allotted not less than $100,000. In addition to the amounts allotted to the public, $100 million of each issue were allotted to Government investment accounts.
26. Subscriptions for $50,000 or less were allotted in full. Subscriptions for more than $50,000 were allotted 10 percent but in no case less than $50,000. In addition to the amount allotted to the public, $100 million of the bonds were allotted to Government investment accounts. Payment for not more than 50 percent of the bonds allotted could be deferred until not later than October 2, 1957.
27. Subscriptions for $10,000 or less were allotted in full. Subscriptions for more than $10,000 were allotted 25 percent to savings-type investors and 12 percent to all other subscribers but in no case less than $10,000. In addition to the amount allotted to the public, $100 million of the notes were allotted to Government investment accounts.
28. Subscriptions for $10,000 or less were allotted in full. Subscriptions for more than $10,000 were allotted 26 percent to savings-type investors and 10 percent to all other subscribers but in no case less than $10,000. In addition to the amount allotted to the public, $100 million of the bonds were allotted to Government investment accounts.
29. Subscriptions for $10,000 or less were allotted in full. Subscriptions for more than $10,000 were allotted 20 percent but in no case less than $10,000. In addition to the amount allotted to the public, $100 million of the bonds were allotted to Government investment accounts.
30. Subscriptions for $25,000 or less were allotted in full. Subscriptions for more than $25,000 were allotted 24 percent but in no case less than $25,000. In addition to the amount allotted to the public, $100 million of the notes were allotted to Government investment accounts.
31. Subscriptions for $5,000 or less were allotted in full. Subscriptions for more than $5,000 were allotted 60 percent to savings-type investors, 40 percent to commercial banks for their own account, and 25 percent to all other subscribers, but in no case less than $5,000. In addition to the amount allotted to the public, $100 million of the bonds were allotted to Government investment accounts.
32. Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 59 percent but in no case less than $100,000.
33. Subscriptions for $100,000 or less for the bills and $50,000 or less for the notes were allotted in full. Subscriptions for more than the minimum for each issue were allotted 42 percent on bills and 35 percent on notes but in no case less than the minimum. In addition to the amount allotted to the public, $100 million of the notes were allotted to Government investment accounts.
34. Subscriptions for $100,000 or less were allotted in full. Subscrip-
25/ Subscriptions from savings-type investors totaled $720 million and were allotted 20 percent. Subscriptions for more than $5,000 were allotted to their own account totaled $470 million and were allotted 35 percent. Subscriptions from all other investors totaled $610 million and were allotted 15 percent. Subscriptions for $25,000 or less were allotted in full when accompanied by 100 percent payment at the time of entering the subscriptions. All other subscriptions for $5,000 were allotted in full when subscriptions for more than $5,000 were allotted not less than $5,000. In addition to the amount allotted to the public, $50 million of the bonds were allotted to Government investment accounts. Savings-type investors were given the privilege of paying for the bonds allotted to them in installments up to April 23, 1959 (not less than 25 percent by January 23, 1959, the issue date; 50 percent by May 23, 1959; 75 percent by March 23, 1959; and full payment by April 23, 1959).
36/ Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 50 percent but in no case less than $100,000. In addition, $100 million of the notes were allotted to Government investment accounts.
37/ Subscriptions from savings-type investors totaled $240 million and were allotted 65 percent. Subscriptions from commercial banks for their own account totaled $341 million and were allotted 35 percent. Subscriptions from all other investors totaled $322 million and were allotted 20 percent. Subscriptions for $25,000 or less from savings-type investors and commercial banks, and for $10,000 or less from all other investors, were allotted in full. Subscriptions for more than these minimums were allotted not less than the minimums. In addition, $50 million of the bonds were allotted to Government investment accounts.
38/ Full-paid subscriptions of $25,000 or less, totaling $941 million, were allotted in full. Subscriptions from savings-type investors totaled $136 million and from commercial banks and other investors totaled $6,390 million and were allotted 8 percent, but not less than $1,000 on any one subscription. Subscriptions from all other investors totaled $2,433 million and were allotted 5 percent, but not less than $1,000 on any one subscription. In addition to the amounts allotted to the public, $100 million of the notes were allotted to Government investment accounts.
39/ Holders of approximately $1,600 million of Series F and G savings bonds issued in 1948, which mature in 1960, were offered in exchange the 4-3/4% notes, with certain adjustments as of December 15, 1959, at a price of 93-1/4%. Smaller denominations of savings bonds could be exchanged for the next higher multiple of $1,000 of notes upon payment of any cash difference. Cash payments amounted to $3 million.
40/ Issued as a partial rollover of one-year bills maturing January 15, 1960, in the amount of $2,006 million.
41/ Savings-type investors were given the privilege of paying for the bonds in installments not less than 25 percent by January 23, 1959, by April 14, the delivery date; 75 percent by May 15; and full payment by June 15). In addition to the amounts allotted to the public, $100 million of the bonds were allotted to Government investment accounts.
42/ Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 30 percent, but in no case less than $100,000. In addition to the amounts allotted to the public, $27.4 million of the notes were allotted to Government investment accounts.
p Preliminary. n.a. Not available.
April 1960
35
PUBLIC DEBT OPERATIONS
Table 5.- Allotments by Investor Classes on Subscriptions for Public Marketable Securities Other Than Regular Weekly Treasury Bills 1/
(In millions of dollars)
<table><tr><th>Date of financing</th><th>Description of security</th><th>For cash</th><th>Amount issued in exchange for other securities</th><th>U.S. Government investment accounts and Federal Reserve Banks</th><th>Commercial banks 2/</th><th>Individual savings 2/</th><th>Insurance companies</th><th>Mutual savings banks</th><th>Corporations 4/</th><th>Private pension and retirement funds</th><th>State and local governments 5/ Pension and retirement funds</th><th>Other funds</th><th>Dealers and brokers</th><th>All other 6/</th></tr><tr><td>2/15/53</td><td>2-1/4% Cert. 2-1/2% Bond 12/15/58</td><td>-</td><td>8,114,620</td><td>3,698 3</td><td>2,279 444</td><td>187 6</td><td>150 9</td><td>55 20</td><td>2/ 7/</td><td>2/ 7/</td><td>230 13</td><td>152 100</td><td>1,361 3</td></tr><tr><td>5/1/53</td><td>3-1/4% Bond 6/15/78-83</td><td>1,188</td><td>418</td><td>118 1</td><td>131 1</td><td>261 287</td><td>98 19</td><td>99 13</td><td>7/ 7/</td><td>7/ 7/</td><td>75 12</td><td>158 *</td><td>268 85</td></tr><tr><td>6/1/53</td><td>2-5/8% Cert. 6/1/54-B</td><td>-</td><td>4,858</td><td>1,153</td><td>2,015</td><td>98</td><td>113</td><td>77</td><td>7/ 7/</td><td>7/ 7/</td><td>366</td><td>162</td><td>874</td></tr><tr><td>6/3/53</td><td>2,383$ Bill 9/18/53 8/</td><td>800</td><td>-</td><td>n.a.</td><td>711</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>o.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td></tr><tr><td>7/15/53</td><td>2-1/2% Cert. 3/22/54-C 8/</td><td>5,902</td><td>-</td><td>-</td><td>4,520</td><td>56</td><td>40</td><td>100</td><td>917</td><td>4</td><td>1</td><td>68</td><td>115</td><td>81</td></tr><tr><td>8/15/53</td><td>2-5/8% Cert. 8/15/54-D</td><td>-</td><td>2,788</td><td>175</td><td>1,499</td><td>117</td><td>82</td><td>27</td><td>411</td><td>48</td><td>2</td><td>156</td><td>79</td><td>192</td></tr><tr><td>9/15/53</td><td>2-5/8% Cert. 9/15/54-E 2-7/8% Note 3/15/57-A</td><td>-</td><td>4,724,2,997</td><td>863 2,276</td><td>2,135 2,276</td><td>106 42</td><td>131 120</td><td>96 86</td><td>654 155</td><td>50 3</td><td>6 2</td><td>279 40</td><td>219 188</td><td>195 65</td></tr><tr><td>11/9/53</td><td>2-3/4% Bond 9/15/61</td><td>2,239</td><td>-</td><td>50</td><td>1,296</td><td>127</td><td>190</td><td>165</td><td>99</td><td>49</td><td>19</td><td>16</td><td>170</td><td>64</td></tr><tr><td>12/1/53</td><td>1-7/8% Note 1/15/54-B 2-1/2% Bond 12/15/58 9/</td><td>-</td><td>8,175 1,718</td><td>6,997 5</td><td>360 1,171</td><td>112 43</td><td>12 61</td><td>2 52</td><td>339 110</td><td>1 13</td><td>1</td><td>100 26</td><td>42 169</td><td>209 94</td></tr><tr><td>2/15/54</td><td>1-5/8% Cert. 2-1/2% Bond 11/15/61</td><td>-</td><td>7,007 11,177</td><td>3,922 10</td><td>1,508 8,733</td><td>152 209</td><td>46 467</td><td>7 218</td><td>756 535</td><td>6 92</td><td>*</td><td>269 163</td><td>123 450</td><td>218 293</td></tr><tr><td>3/22/54</td><td>.956% Bill 6/24/54 8/</td><td>1,501</td><td>-</td><td>n.a.</td><td>478</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td></tr><tr><td>4/27/54</td><td>.726% Bill 6/18/54 8/</td><td>1,001</td><td>-</td><td>n.a.</td><td>915</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td></tr><tr><td>5/17/54</td><td>1-7/8% Note 2/15/59-A 1-1/8% Cert. 5/17/55-B</td><td>2,205 3,886</td><td>- 1,686</td><td>26 1,982</td><td>1,138 986</td><td>175 68</td><td>146 74</td><td>139 23</td><td>216 247</td><td>36 20</td><td>*</td><td>37 103</td><td>219 276</td><td>73 130</td></tr><tr><td>8/2/54</td><td>1% Cert. 3/22/55-C 8/15/55-D</td><td>3,734</td><td>-</td><td>1</td><td>2,011</td><td>39</td><td>59</td><td>41</td><td>1,146</td><td>3</td><td>1</td><td>156</td><td>132</td><td>85</td></tr><tr><td>8/15/54</td><td>1-1/8% Cert. 8/15/55-D 2-1/8% Bond 11/15/60</td><td>-</td><td>3,558 3,806</td><td>995 10</td><td>847 3,091</td><td>115 54</td><td>47 100</td><td>30 31</td><td>751 120</td><td>45 18</td><td>4 2</td><td>369 68</td><td>117 182</td><td>238 130</td></tr><tr><td>10/4/54</td><td>1-5/8% Note 5/15/57-B</td><td>4,155</td><td>-</td><td>12</td><td>2,718</td><td>141</td><td>98</td><td>70</td><td>497</td><td>69</td><td>2</td><td>87</td><td>344</td><td>117</td></tr><tr><td>12/15/54</td><td>1-1/8% Cert. 8/15/55-D 1-1/4% Cert. 12/15/55-E 2-1/2% Bond 8/15/63</td><td>-</td><td>4,919 5,359 6,755</td><td>4,763 2,520 5,503</td><td>57 103 144</td><td>9 103</td><td>1 41</td><td>1 12</td><td>30 662 152</td><td>13 5</td><td>-</td><td>6 311</td><td>6 311</td><td>34 282 142</td></tr><tr><td>2/15/55</td><td>1-5/8% Note 3/15/56-A 2% Note 8/15/57-C 3% Bond 2/15/55</td><td>-</td><td>8,472 3,792 1,924</td><td>4,012 1 1,190</td><td>2,385 2,704 1,190</td><td>112 69 70</td><td>63 123 130</td><td>15 43 44</td><td>1,065 329 8</td><td>36 3 10</td><td>*</td><td>308 128 23</td><td>256 232 354</td><td>220 160 17</td></tr><tr><td>4/1/55</td><td>1-3/8% Cert. 6/22/55-F 8/</td><td>3,210</td><td>-</td><td>1,914</td><td>24</td><td>39</td><td>4</td><td>1,009</td><td>1</td><td>*</td><td>55</td><td>135</td><td>29</td></tr><tr><td>5/17/55</td><td>2% Note 8/15/56-B</td><td>2,532</td><td>-</td><td>1,686</td><td>1,747 614</td><td>36 53</td><td>10 19</td><td>4 6</td><td>545 355</td><td>2 22</td><td>*</td><td>21 203</td><td>62 82</td><td>101 134</td></tr><tr><td>7/18/55</td><td>1-7/8% Cert. 3/22/56-A 8/</td><td>2,202</td><td>-</td><td>-</td><td>1,047</td><td>37</td><td>17</td><td>1</td><td>998</td><td>1</td><td>1</td><td>45</td><td>36</td><td>29</td></tr><tr><td>7/20/55</td><td>3% Bond 2/15/55 9/</td><td>821</td><td>-</td><td>25</td><td>216</td><td>21</td><td>119</td><td>105</td><td>33</td><td>110</td><td>59</td><td>20</td><td>53</td><td>60</td></tr><tr><td>8/1/55</td><td>2% Cert. 6/22/56-B 8/</td><td>-</td><td>1,486 6,841</td><td>5,754</td><td>387 400</td><td>29 64</td><td>21 32</td><td>10 9</td><td>666 205</td><td>5 31</td><td>2 3</td><td>95 151</td><td>222 7</td><td>48 185</td></tr><tr><td>10/11/55</td><td>2-1/4% Cert. 6/22/56-C 8/</td><td>2,970</td><td>-</td><td>-</td><td>1,782</td><td>44</td><td>18</td><td>4</td><td>976</td><td>*</td><td>1</td><td>33</td><td>65</td><td>42</td></tr><tr><td>12/1/55</td><td>2-5/8% Cert. 12/1/56-D 2-7/8% Note 6/15/58-A</td><td>-</td><td>9,083 2,283</td><td>5,757 1</td><td>1,349 1,099</td><td>108 52</td><td>33 62</td><td>16 37</td><td>998 478</td><td>4 22</td><td>2 1</td><td>342 261</td><td>240 137</td><td>234 131</td></tr><tr><td>12/15/55</td><td>2,465$ Bill 3/23/56 8/</td><td>1,501</td><td>-</td><td>n.a.</td><td>1,402</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td></tr><tr><td>3/5/56</td><td>2-5/8% Cert. 2/15/57-A 2-7/8% Note 6/15/58-A 2/</td><td>-</td><td>7,219 2,109</td><td>5,028 18</td><td>570 903</td><td>69 35</td><td>21 32</td><td>6 34</td><td>852 548</td><td>26 13</td><td>1</td><td>319 195</td><td>39 191</td><td>288 120</td></tr><tr><td>7/16/56</td><td>2-3/4% Note 8/1/57-D</td><td>-</td><td>12,056</td><td>8,078</td><td>1,234</td><td>140</td><td>67</td><td>22</td><td>1,313</td><td>20</td><td>19</td><td>680</td><td>57</td><td>426</td></tr><tr><td>8/15/56</td><td>2-3/4% Cert. 3/22/57-B 8/</td><td>3,221</td><td>-</td><td>-</td><td>2,175</td><td>24</td><td>10</td><td>5</td><td>947</td><td>1</td><td>-</td><td>29</td><td>18</td><td>12</td></tr><tr><td>10/17/56</td><td>2.627% Bill 1/16/57</td><td>1,603</td><td>-</td><td>o.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td></tr><tr><td>11/16/56</td><td>2.617% Bill 2/15/57</td><td>1,750</td><td>-</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td></tr><tr><td>12/1/56</td><td>3-1/4% Cert. 6/24/57-C 3-1/4% Cert. 10/1/57-D</td><td>-</td><td>1,312 7,271</td><td>15 6,135</td><td>358 554</td><td>48 66</td><td>7 10</td><td>4 9</td><td>589 198</td><td>3 7</td><td>-</td><td>99 161</td><td>60 23</td><td>129 108</td></tr><tr><td>12/17/56</td><td>2.585% Bill 3/22/57 8/</td><td>1,006</td><td>-</td><td>n.a.</td><td>975</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td></tr><tr><td>1/16/57</td><td>3.305% Bill 6/24/57 8/ 3.231% Bill 6/24/57 8/</td><td>1,601 10/ 1,750 10/</td><td>- -</td><td>n.a. n.s.</td><td>700 855</td><td>n.a. n.a.</td><td>n.a. n.a.</td><td>n.a. n.a.</td><td>n.a. n.a.</td><td>n.a. n.a.</td><td>n.a. n.a.</td><td>n.a. n.a.</td><td>n.a. n.a.</td><td>n.a. n.a.</td></tr><tr><td>2/15/57</td><td>3-3/8% Cert. 2/14/58-A 3-1/2% Note 3/15/60-A</td><td>-</td><td>8,414 1,464</td><td>5,708 131</td><td>1,159 725</td><td>116 21</td><td>48 47</td><td>26 31</td><td>573 114</td><td>49 14</td><td>1 2</td><td>448 64</td><td>168 205</td><td>118 110</td></tr></table>
Footnotes at end of table.
(Continued on following page)
36
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 5.- Allotments by Investor Classes on Subscriptions for Public Marketable Securities Other Than Regular Weekly Treasury Bills 1/ - (Continued)
(In millions of dollars)
<table><tr><th rowspan="2">Date of financing</th><th rowspan="2">Description of security</th><th colspan="2">Amount issued</th><th colspan="4">U.S. Gov't investment accounts and Federal Reserve Banks</th><th colspan="7">Allotments by investor classes</th></tr><tr><th>For cash</th><th>In exchange for other securities</th><th>Commercial banks 2/</th><th>Individuals 2/</th><th>Insurance companies</th><th>Mutual savings banks</th><th>Corporations 4/</th><th>Private pension and retirement funds</th><th>State and local governments 2/ Pension and retirement funds</th><th>Other funds</th><th>Dealers and brokers 2/</th><th>All other 2/</th></tr><tr><td>3/28/57</td><td>3-3/8% Cert. 2/14/58-A 3-1/2% Note 5/15/60-A</td><td>2,437 922</td><td>-</td><td>100 786</td><td>20 19</td><td>2 4</td><td>2 4</td><td>33 12</td><td>1 2</td><td>-</td><td>1 2</td><td>3 7</td><td>14 6</td></tr><tr><td>5/1/57</td><td>3-1/2% Cert. 4/15/58-B 3-5/8% Note 2/15/62-A</td><td>-</td><td>2,351 647</td><td>112 365</td><td>1,042 166</td><td>25 3</td><td>62 14</td><td>14 3</td><td>437 45</td><td>42 1</td><td>-</td><td>272 9</td><td>91 29</td><td>204 12</td></tr><tr><td>5/27/57</td><td>2.825% Bill 9/23/57</td><td>1,501</td><td>-</td><td>n.a.</td><td>1,461</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td></tr><tr><td>7/3/57</td><td>3.485% Bill 3/24/58</td><td>3,002</td><td>-</td><td>n.a.</td><td>2,955</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td></tr><tr><td>8/1/57</td><td>3-5/8% Cert. 12/1/57-E 4% Cert. 8/1/58-C 4% Note 8/1/61-A</td><td>100 11 100 11</td><td>9,871 10,487 2,509</td><td>7,991 6,822 271</td><td>650 1,606 1,394</td><td>50 170 68</td><td>27 56 54</td><td>17 45 48</td><td>691 827 174</td><td>19 26 6</td><td>1 7 28</td><td>319 278 215</td><td>129 111 129</td><td>77 409 221</td></tr><tr><td>8/21/57</td><td>4.175% Bill 4/15/58</td><td>1,751</td><td>-</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td></tr><tr><td>9/26/57</td><td>4% Cert. 8/15/58-C 4% Note 8/15/60-B</td><td>933 2,000</td><td>-</td><td>100 100</td><td>756 1,450</td><td>23 93</td><td>2 31</td><td>1 50</td><td>22 49</td><td>2 5</td><td>10 6</td><td>2 175</td><td>15 39</td></tr><tr><td>10/1/57</td><td>4% Bond 10/1/69</td><td>657</td><td>-</td><td>100</td><td>296</td><td>84</td><td>16</td><td>21</td><td>20</td><td>5</td><td>12</td><td>9</td><td>79</td><td>15</td></tr><tr><td>11/29/57</td><td>3-3/4% Note 11/15/62-C</td><td>1,143</td><td>-</td><td>100</td><td>663</td><td>39</td><td>62</td><td>58</td><td>28</td><td>8</td><td>5</td><td>1</td><td>120</td><td>59</td></tr><tr><td>12/1/57</td><td>3-3/4% Cert. 12/1/58-D</td><td>-</td><td>9,833</td><td>7,938</td><td>658</td><td>34</td><td>24</td><td>21</td><td>599</td><td>33</td><td>2</td><td>182</td><td>137</td><td>202</td></tr><tr><td>12/2/57</td><td>3-7/8% Bond 11/15/74</td><td>654</td><td>-</td><td>100</td><td>189</td><td>43</td><td>60</td><td>98</td><td>23</td><td>29</td><td>14</td><td>10</td><td>52</td><td>36</td></tr><tr><td>2/14/58</td><td>2-1/2% Cert. 2/14/59-A 3% Bond 2/15/64 3-1/2% Bond 2/15/90</td><td>-</td><td>9,770 3,854 1,727</td><td>5,752 48 82</td><td>1,404 2,780 520</td><td>171 81 87</td><td>70 52 176</td><td>18 42 68</td><td>1,095 163 113</td><td>39 44 47</td><td>2 1 10</td><td>588 81 77</td><td>173 306 461</td><td>458 256 86</td></tr><tr><td>2/28/58</td><td>3% Bond 8/15/66</td><td>1,684</td><td>-</td><td>100</td><td>676</td><td>1.3</td><td>53</td><td>85</td><td>145</td><td>7</td><td>2</td><td>16</td><td>154</td><td>133</td></tr><tr><td>4/15/58</td><td>2-5/8% Note 2/15/63-A</td><td>3,971</td><td>-</td><td>102</td><td>2,511</td><td>221</td><td>110</td><td>141</td><td>258</td><td>29</td><td>2</td><td>16</td><td>346</td><td>235</td></tr><tr><td>6/3/58</td><td>3-1/4% Bond 5/15/85 1-1/4% Cert. 5/15/59-B 2-5/8% Bond 2/15/65</td><td>1,135</td><td>1,817 7,388</td><td>100 92 355</td><td>213 571 4,031</td><td>86 98 209</td><td>202 18 233</td><td>76 12 72</td><td>102 370 1,045</td><td>31 8 14</td><td>4 8</td><td>9 191</td><td>127 190 924</td><td>141 210 311</td></tr><tr><td>8/1/58</td><td>1-5/8% Cert. 8/1/59-C</td><td>-</td><td>13,500</td><td>7,218</td><td>3,600</td><td>160</td><td>87</td><td>43</td><td>911</td><td>26</td><td>8</td><td>516</td><td>550</td><td>351</td></tr><tr><td>8/6/58</td><td>1-1/2% Cert. 3/24/59-D</td><td>3,567</td><td>-</td><td>-</td><td>3,097</td><td>24</td><td>2</td><td>1</td><td>303</td><td>-</td><td>1</td><td>18</td><td>104</td><td>17</td></tr><tr><td>10/8/58</td><td>3-1/4% Bill 5/15/59</td><td>2,735</td><td>-</td><td>-</td><td>2,256</td><td>63</td><td>23</td><td>11</td><td>221</td><td>4</td><td>1</td><td>30</td><td>44</td><td>82</td></tr><tr><td>10/10/58</td><td>3-1/2% Note 11/15/59-B</td><td>1,124</td><td>-</td><td>105</td><td>664</td><td>78</td><td>20</td><td>19</td><td>125</td><td>4</td><td>1</td><td>19</td><td>25</td><td>94</td></tr><tr><td>11/20/58</td><td>2.999% Bill 6/22/59</td><td>2,997</td><td>-</td><td>n.a.</td><td>2,871</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td></tr><tr><td>12/1/58</td><td>3-3/8% Cert. 11/15/59-B 3-5/8% Note 5/15/61-B</td><td>7,711 4,078</td><td>-</td><td>5,086 2,923</td><td>1,090 736</td><td>60 25</td><td>44 12</td><td>36 6</td><td>798 127</td><td>38 6</td><td>5 1</td><td>245 136</td><td>171 138</td><td>118 82</td></tr><tr><td>1/21/59</td><td>3-1/4% Note 5/15/60-B</td><td>2,738</td><td>-</td><td>-</td><td>2,302</td><td>48</td><td>37</td><td>17</td><td>175</td><td>5</td><td>1</td><td>11</td><td>31</td><td>111</td></tr><tr><td>1/23/59</td><td>4% Bond 2/15/80</td><td>884</td><td>-</td><td>50</td><td>170</td><td>76</td><td>153</td><td>65</td><td>52</td><td>53</td><td>106</td><td>28</td><td>48</td><td>83</td></tr><tr><td>2/15/59</td><td>3-3/4% Cert. 2/15/60-A 4% Note 2/15/62-D</td><td>11,363 1,435</td><td>-</td><td>5,646 9</td><td>2,418 972</td><td>150 44</td><td>158 47</td><td>43 2</td><td>1,618 1,0</td><td>41 13</td><td>2 2</td><td>515 85</td><td>207 26</td><td>565 75</td></tr><tr><td>2/16/59</td><td>3.299% Bill 9/21/59</td><td>1,502</td><td>-</td><td>n.a.</td><td>1,443</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td></tr><tr><td>4/1/59</td><td>4% Note 5/15/63-B 4% Bond 10/1/69 3.386% Bill 1/15/60</td><td>1,743 619</td><td>-</td><td>100 50</td><td>1,331 335</td><td>61 26</td><td>17 35</td><td>28 25</td><td>52 26</td><td>11 15</td><td>1 12</td><td>5 4</td><td>79 37</td><td>58 54</td></tr><tr><td>4/11/59</td><td>3.835% Bill 4/15/60</td><td>2,006</td><td>-</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td></tr><tr><td>5/15/59</td><td>3.565% Bill 12/22/59 4% Cert. 5/15/60-B</td><td>1,500</td><td>1,269</td><td>155</td><td>539 367</td><td>14 33</td><td>4 15</td><td>1 23</td><td>227 266</td><td>-</td><td>-</td><td>15 98</td><td>667 106</td><td>33 192</td></tr><tr><td>7/8/59</td><td>4.075% Bill 3/22/60</td><td>3,005</td><td>-</td><td>-</td><td>2,969</td><td>11</td><td>2</td><td>-</td><td>17</td><td>-</td><td>3</td><td>-</td><td>-</td><td>2</td></tr><tr><td>7/15/59</td><td>4.728% Bill 7/15/60</td><td>2,001</td><td>-</td><td>-</td><td>1,981</td><td>5</td><td>-</td><td>-</td><td>5</td><td>1</td><td>5</td><td>-</td><td>-</td><td>4</td></tr><tr><td>7/20/59</td><td>4-3/4% Note 5/15/64-A</td><td>-</td><td>4,184</td><td>2,666</td><td>803</td><td>32</td><td>25</td><td>48</td><td>180</td><td>10</td><td>32</td><td>68</td><td>190</td><td>130</td></tr><tr><td>8/1/59</td><td>4-3/4% Note 8/15/60-C</td><td>-</td><td>9,561</td><td>5,625</td><td>1,375</td><td>109</td><td>75</td><td>38</td><td>299</td><td>18</td><td>8</td><td>491</td><td>278</td><td>245</td></tr><tr><td>8/19/59</td><td>3.719% Bill 3/22/60 3/ 9/</td><td>999</td><td>-</td><td>-</td><td>980</td><td>7</td><td>-</td><td>-</td><td>7</td><td>-</td><td>3</td><td>-</td><td>-</td><td>2</td></tr><tr><td>10/15/59</td><td>5% Note 8/15/64-B</td><td>2,316</td><td>-</td><td>100</td><td>587</td><td>778</td><td>148</td><td>138</td><td>91</td><td>107</td><td>51</td><td>29</td><td>58</td><td>229</td></tr><tr><td>10/21/59</td><td>4.783% Bill 6/22/60 3/</td><td>2,002</td><td>-</td><td>-</td><td>1,962</td><td>10</td><td>1</td><td>-</td><td>14</td><td>1</td><td>5</td><td>-</td><td>-</td><td>9</td></tr><tr><td>11/15/59</td><td>4-3/4% Cert. 11/15/60-C 4-7/8% Note 11/15/63-C</td><td>7,037 3,011</td><td>-</td><td>5,070 97</td><td>795 1,634</td><td>98 140</td><td>23 118</td><td>43 130</td><td>505 261</td><td>24 21</td><td>1 3</td><td>171 76</td><td>164 315</td><td>143 216</td></tr></table>
Footnotes on following page.
(Continued on following page)
April 1960
37
PUBLIC DEBT OPERATIONS
Table 5.- Allotments by Investor Classes on Subscriptions for Public Marketable Securities Other Than Regular Weekly Treasury Bills 1/ - (Continued)
(In millions of dollars)
<table><tr><th rowspan="2">Date of financing</th><th rowspan="2">Description of security</th><th colspan="2">Amount issued</th><th colspan="3">U. S. Government investment accounts and Federal Reserve Banks</th><th colspan="7">Allotments by investor classes</th></tr><tr><th>For cash</th><th>In exchange for other securities</th><th>Commercial banks 2/</th><th>Individuals 2/</th><th>Insurance companies</th><th>Mutual savings banks</th><th>Corporations 4/</th><th>Private pension and retirement funds</th><th>State and local governments 5/ Pension and retirement funds</th><th>Other funds</th><th>Dealers and brokers 6/</th><th>All other 6/</th></tr><tr><td>12/2/59</td><td>4.36%8 Bill</td><td>10/17/60</td><td>2,007</td><td>-</td><td>-</td><td>1,382</td><td>8</td><td>*</td><td>*</td><td>8</td><td>1</td><td>*</td><td>5</td><td>1</td><td>2</td></tr><tr><td>12/15/59</td><td>4-3/4% Note</td><td>5/15/64-A 2/</td><td>3</td><td>727p</td><td>2</td><td>222</td><td>235</td><td>67</td><td>33</td><td>35</td><td>28</td><td>.2</td><td>17</td><td>1</td><td>68</td></tr><tr><td>1/8/60</td><td>4.726% Bill</td><td>6/22/60 8/ 2/</td><td>2,016</td><td>-</td><td>-</td><td>1,996</td><td>7</td><td>1</td><td>-</td><td>8</td><td>*</td><td>-</td><td>2</td><td>-</td><td>2</td></tr><tr><td>1/15/60</td><td>5.067% Bill</td><td>1/15/61</td><td>1,504</td><td>12/</td><td>118</td><td>567</td><td>174</td><td>7</td><td>10</td><td>131</td><td>5</td><td>2</td><td>21</td><td>294</td><td>175</td></tr><tr><td>2/15/60</td><td>(4-7/8% Cert. (4-7/8% Note</td><td>2/15/61-A 11/15/64-C</td><td>-</td><td>6,938p</td><td>3,656</td><td>1,039</td><td>132</td><td>104</td><td>30</td><td>1,121</td><td>43</td><td>4</td><td>397</td><td>111</td><td>301</td></tr><tr><td></td><td></td><td></td><td>-</td><td>4,195p</td><td>2,031</td><td>1,207</td><td>129</td><td>107</td><td>56</td><td>180</td><td>26</td><td>35</td><td>43</td><td>259</td><td>131</td></tr></table>
Source: Based on subscription and allotment reports. For detail of offerings see Table 4. 1/ Excludes the issuance of 1-1/2% Treasury notes available in exchange to holders of nonmarketable 2-3/4% Treasury bonds, Investment Series B-1975-30. 2/ Includes trust companies and stock savings banks. 3/ Includes partnerships and personal trust accounts. 4/ Exclusive of banks and insurance companies. 5/ Consists of trust, sinking, and investment funds of State and local governments and their agencies. 6/ Includes savings and loan associations, nonprofit institutions, and investments of foreign balances and international accounts in this
country. Also includes corporations and private pension and retirement funds prior to July 15, 1953, financing. Included in "All other." Tax anticipation security. Reopening of earlier issue. Issued as a rollover of bills maturing January 16, 1957, and February 15, 1957, respectively. Issued in special allotment to Government investment accounts. Issued as a rollover of one-year bills. Less than $500,000. p Preliminary. n.a. Not available.
38
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 6.- Disposition of Matured Public Marketable Securities
Other Than Regular Weekly Treasury Bills
<table><tr><th>Date of refunding or retirement</th><th colspan="2">Called or maturing security 1/</th><th colspan="3">Disposition offers by Treasury</th><th>Results of exchange offers</th><th>Description of new security offered (See also Table 4)</th></tr><tr><th></th><th>Description</th><th>Issue date</th><th>Amount outstanding</th><th>Cash retirement</th><th>Exchange security offered</th><th>Exchanged</th><th>Turned in for cash 2/</th></tr><tr><td>2/15/53</td><td>1-7/8% Certificate - 2/15/53-A</td><td>3/1/52</td><td>8,868</td><td>(In millions of dollars)</td><td>8,868</td><td>134</td><td>2-1/4% Certificate - 2/1/26 Bond</td></tr><tr><td>3/18/53</td><td>1.720% Bill</td><td>10/8/52</td><td>2,502</td><td>2,502 2/</td><td>4,963</td><td>553</td><td>2-5/8% Certificate - 6/1/54-B</td></tr><tr><td>6/1/53</td><td>1-7/8% Certificate - 6/1/53-B 2% Bond</td><td>7/1/52 10/7/40</td><td>4,963 725</td><td>725</td><td>4,410 4,48</td><td>277 829</td><td></td></tr><tr><td>6/19/53</td><td>1.846% Bill</td><td>11/21/52</td><td>2,003</td><td>2,003 2/</td><td>2,882</td><td>93</td><td>2-5/8% Certificate - 8/15/54-D 2-5/8% Certificate - 9/15/54-E 2-7/8% Note - 3/15/57-A</td></tr><tr><td>8/15/53</td><td>2% Certificate - 8/15/53-C</td><td>8/15/52</td><td>2,882</td><td>2,882</td><td>2,788</td><td>93</td><td></td></tr><tr><td>9/15/53</td><td>2% Bond</td><td>9/15/43</td><td>7,986</td><td>7,986</td><td>4,724</td><td>266</td><td></td></tr><tr><td>9/18/53</td><td>2.383% Bill</td><td>6/3/53</td><td>800</td><td>800 2/</td><td></td><td></td><td>1-7/8% Note - 12/15/54-B 2-1/2% Bond - 12/15/58 5/</td></tr><tr><td>12/1/53</td><td>2-1/8% Note</td><td>10/1/52</td><td>10,542</td><td>500</td><td>10,042</td><td>118</td><td></td></tr><tr><td></td><td>(2-1/4% Certificate - 2/15/54-A</td><td>2/15/53</td><td>8,114</td><td></td><td>8,114</td><td>108</td><td>1-5/8% Certificate - 2/1/28 Bond - 11/15/61 1-5/8% Certificate - 2/1/28 Bond - 11/15/61</td></tr><tr><td>2/15/54</td><td>1-3/8% Note</td><td>12/15/49</td><td>4,675</td><td></td><td>4,675</td><td>78</td><td></td></tr><tr><td></td><td>2% Bond - 6/15/52-54</td><td>6/26/44</td><td>5,825</td><td>5,825</td><td>5,083 5/</td><td></td><td>2-1/2% Bond - 11/15/61</td></tr><tr><td></td><td>2-1/4% Bond - 6/15/52-55</td><td>2/25/42</td><td>1,501</td><td>1,501</td><td>1,128 6/</td><td></td><td></td></tr><tr><td></td><td>2-1/4% Bond - 6/15/54-56</td><td>7/22/40</td><td>681</td><td>681</td><td>369 6/</td><td></td><td></td></tr><tr><td></td><td>Total</td><td></td><td>20,796</td><td>20,796</td><td>18,184</td><td>186</td><td>7,007 of 1-5/8% Certificate 11,177 of 2-1/2% Bond</td></tr><tr><td>3/22/54</td><td>2-1/2% Certificate - 3/22/54-C</td><td>7/15/53</td><td>5,902</td><td>5,902 2/</td><td></td><td></td><td>1-1/8% Certificate - 5/17/55-B 1-1/8% Certificate - 5/17/55-E 1-7/8% Note - 2/15/59-A</td></tr><tr><td></td><td>2% Bond - 6/15/52-54</td><td>6/26/44</td><td>1,743</td><td>1,743</td><td>1,505</td><td>238</td><td></td></tr><tr><td></td><td>2-1/4% Bond - 6/15/52-55</td><td>2/25/42</td><td>373</td><td>373</td><td>322</td><td>51</td><td></td></tr><tr><td>5/17/54</td><td>2-1/4% Bond - 6/15/54-56</td><td>7/22/40</td><td>311</td><td>311</td><td>273</td><td>38</td><td></td></tr><tr><td></td><td>2-5/8% Certificate - 6/1/54-B</td><td>6/1/53</td><td>4,358</td><td>4,358</td><td>1,786 2,897</td><td>175</td><td>3,886 of 1-1/8% Certificate 2,897 of 1-7/8% Note</td></tr><tr><td></td><td>Total</td><td></td><td>7,285</td><td>7,285</td><td>6,783</td><td>502</td><td></td></tr><tr><td>6/18/54</td><td>.726% Bill</td><td>4/27/54</td><td>1,001</td><td>1,001 2/</td><td></td><td></td><td>1-1/8% Certificate - 8/15/55-D 2-1/8% Bond - 11/15/60</td></tr><tr><td>6/24/54</td><td>.956% Bill</td><td>3/22/54</td><td>1,501</td><td>1,501 2/</td><td></td><td></td><td>1-1/8% Certificate - 8/15/55-D 2-1/8% Bond - 11/15/60</td></tr><tr><td>8/15/54</td><td>2-5/8% Certificate - 8/15/54-D</td><td>8/15/53</td><td>2,788</td><td>2,788</td><td>1,005 1,728</td><td>55</td><td>3,558 of 1-1/8% Certificate 3,806 of 2-1/8% Bond</td></tr><tr><td></td><td>2-5/8% Certificate - 9/15/54-E</td><td>9/15/53</td><td>4,724</td><td>4,724</td><td>2,553 2,078</td><td>93</td><td>1-1/8% Certificate - 8/15/55-D 2-1/8% Bond - 11/15/60</td></tr><tr><td></td><td>Total</td><td></td><td>7,512</td><td>7,512</td><td>7,364</td><td>148</td><td></td></tr><tr><td>12/15/54</td><td>1-7/8% Note</td><td>12/1/53</td><td>8,175</td><td>8,175</td><td>4,498 3,289 346</td><td>43</td><td>1-1/8% Certificate - 8/15/55-D 1-1/4% Certificate - 12/15/55-E 2-1/2% Bond - 8/15/63</td></tr><tr><td></td><td>2% Bond - 12/15/52-54</td><td>12/1/44</td><td>8,662</td><td>8,662</td><td>1,983 6,028</td><td>243</td><td>1-1/8% Certificate - 8/15/55-D 1-1/4% Certificate - 12/15/55-E 2-1/2% Bond - 8/15/63</td></tr><tr><td></td><td>2% Bond - 12/15/51-55</td><td>12/15/41</td><td>510</td><td>510</td><td>14 88 380</td><td>29</td><td>1-1/8% Certificate - 8/15/55-D 1-1/4% Certificate - 12/15/55-E 2-1/2% Bond - 8/15/63</td></tr><tr><td></td><td>Total</td><td></td><td>17,347</td><td>17,347</td><td>17,033</td><td>315</td><td>4,919 of 1-1/8% Certificate 2/ 5,359 of 1-1/4% Certificate 6,755 of 2-1/2% Bond</td></tr><tr><td>2/15/55</td><td>1-5/8% Certificate - 2/15/55-A</td><td>2/15/54</td><td>7,007</td><td>7,007</td><td>5,795 1,166</td><td>106</td><td>1-5/8% Note - 3/15/56-A 2% Note - 8/15/57-C</td></tr><tr><td></td><td>1-1/2% Note</td><td>3/15/50</td><td>5,365</td><td>5,365</td><td>2,414 2,626</td><td>326</td><td>1-5/8% Note - 3/15/56-A 2% Note - 8/15/57-C</td></tr><tr><td></td><td>2-7/8% Bond</td><td>3/15/35</td><td>2,611</td><td>2,611</td><td>323 1,924</td><td>364</td><td>1-5/8% Note - 3/15/56-A 2% Note - 8/15/57-C</td></tr><tr><td></td><td>Total</td><td></td><td>14,983</td><td>14,983</td><td>14,188</td><td>795</td><td>8,472 of 1-5/8% Note 3,792 of 2% Note 1,924 of 2% Bond</td></tr><tr><td>3/22/55</td><td>1% Certificate - 3/22/55-C</td><td>8/2/54</td><td>3,734</td><td>3,734 2/</td><td></td><td></td><td>2% Note - 8/15/56-B</td></tr><tr><td>5/17/55</td><td>1-1/8% Certificate - 5/17/55-B</td><td>5/17/54</td><td>3,886</td><td>3,886</td><td>3,174</td><td>712</td><td></td></tr><tr><td>6/22/55</td><td>1-3/8% Certificate - 6/22/55-F</td><td>1/1/55</td><td>3,210</td><td>3,210 2/</td><td></td><td></td><td>2% Certificate - 6/22/56-B 2% Note - 8/15/56-B 9/</td></tr><tr><td>8/1/55</td><td>1-1/8% Certificate - 8/15/55-D</td><td>8/15/54</td><td>8,477</td><td>8,477</td><td>6,841</td><td>149</td><td></td></tr></table>
Footnotes at end of table.
(Continued on following page)
39
April 1960
PUBLIC DEBT OPERATIONS
Table 6.- Disposition of Matured Public Marketable Securities Other Than Regular Weekly Treasury Bills - (Continued)
<table><tr><th>Date of refunding or retirement</th><th colspan="3">Called or maturity security 1/</th><th colspan="3">Disposition ofere by Treasury</th><th>Result of ex-change of ex-</th><th rowspan="2">Description of new security offered (See also Table 4)</th></tr><tr><th></th><th>Description</th><th>Issue date</th><th>Amount out-standing</th><th>Cash retire-ment</th><th>Exchange security offered</th><th>Ex-changed</th><th>Turned in for cash 2/</th></tr><tr><td>12/1/55</td><td>1-1/4% Certificate - 12/15/55-E</td><td>12/15/54</td><td>5,359</td><td>-</td><td>5,359</td><td>4,158 814</td><td>387</td><td>2-5/8% Certificate - 12/1/56-D 2-7/8% Note - 6/15/58-A</td></tr><tr><td></td><td>1-3/4% Note - 12/15/55-B</td><td>12/15/50</td><td>6,854</td><td>-</td><td>6,854</td><td>4,925 1,469</td><td>460</td><td>2-5/8% Certificate - 12/1/56-D 2-7/8% Note - 6/15/58-A</td></tr><tr><td></td><td>Total</td><td></td><td>12,213</td><td>-</td><td>12,213</td><td>11,366</td><td>847</td><td>9,083 of 2-5/8% Certificate 2,283 of 2-7/8% Note</td></tr><tr><td>3/5/56</td><td>1-5/8% Note - 3/15/56-A</td><td>2/15/55</td><td>8,472</td><td>-</td><td>8,472</td><td>6,215 2,109</td><td>118</td><td>2-5/8% Certificate - 2/15/57-A 2-7/8% Note - 6/15/58-A</td></tr><tr><td></td><td>1-1/2% Note - 4/1/56-EA</td><td>4/1/51</td><td>1,007</td><td>-</td><td>1,007</td><td>1,005</td><td>2</td><td>2-5/8% Certificate - 2/15/57-A</td></tr><tr><td></td><td>Total</td><td></td><td>9,479</td><td>-</td><td>9,479</td><td>9,328</td><td>151</td><td>7,219 of 2-5/8% Certificate 2,109 of 2-7/8% Note 10/</td></tr><tr><td>3/22/56</td><td>1-7/8% Certificate - 3/22/56-A</td><td>7/18/55</td><td>2,202</td><td>2,202 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>3/23/56</td><td>2.465% Bill - 3/23/56</td><td>12/15/55</td><td>1,501</td><td>1,501 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>6/22/56</td><td>2% Certificate - 6/22/56-B</td><td>8/1/55</td><td>1,486</td><td>1,486 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>6/22/56</td><td>2-1/4% Certificate - 6/22/56-C</td><td>10/11/55</td><td>2,970</td><td>2,970 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>7/16/56</td><td>2% Note - 8/15/56-B 1-1/2% Note - 10/1/56-E0</td><td>5/17/55 10/1/51</td><td>12,547 550</td><td>159 11/ 159</td><td>12,388 550</td><td>11,528 528</td><td>860 22</td><td>2-3/4% Note - 8/1/57-D</td></tr><tr><td>9/15/56</td><td>Total</td><td></td><td>13,097</td><td>159</td><td>12,938</td><td>12,056</td><td>882</td><td></td></tr><tr><td>12/1/56</td><td>2-3/4% Bond - 9/15/56-59</td><td>9/15/36</td><td>982</td><td>982</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>1/16/57</td><td>2-5/8% Certificate - 12/1/56-D</td><td>12/1/55</td><td>9,083</td><td>-</td><td>9,083</td><td>1,312 7,771</td><td>500</td><td>3-1/4% Certificate - 6/24/57-C 12/ 3-1/4% Certificate - 10/1/57-D</td></tr><tr><td>1/16/57</td><td>2.627% Bill - 1/16/57</td><td>10/17/56</td><td>1,603</td><td>1,603 13/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>2/15/57</td><td>2.617% Bill - 2/15/57</td><td>11/16/56</td><td>1,750</td><td>1,750 13/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>2/15/57</td><td>2-5/8% Certificate - 2/15/57-A</td><td>3/5/56</td><td>7,219</td><td>-</td><td>7,219</td><td>6,396 543</td><td>282</td><td>3-3/8% Certificate - 2/14/58-A 3-1/2% Note - 5/15/60-A 3-3/8% Certificate - 2/14/58-A 3-1/2% Note - 5/15/60-A</td></tr><tr><td>2/15/57</td><td>2-7/8% Note - 3/15/57-A</td><td>9/15/53</td><td>2,997</td><td>-</td><td>2,997</td><td>1,498 920</td><td>578</td><td>3-3/8% Certificate - 2/14/58-A</td></tr><tr><td>2/15/57</td><td>1-1/2% Note - 4/1/57-EA</td><td>4/1/52</td><td>531</td><td>-</td><td>531</td><td>522</td><td>9</td><td>3-3/8% Certificate - 2/14/58-A 8,414 of 3-3/8% Certificate 1,464, of 3-1/2% Note</td></tr><tr><td></td><td>Total</td><td></td><td>10,747</td><td>-</td><td>10,747</td><td>9,878</td><td>870</td><td></td></tr><tr><td>3/22/57</td><td>2.585% Bill - 3/22/57</td><td>12/17/56</td><td>1,006</td><td>1,006 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>3/22/57</td><td>2-3/4% Certificate - 3/22/57-B</td><td>8/15/56</td><td>3,221</td><td>3,221 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>5/15/57</td><td>1-5/8% Note - 5/15/57-B</td><td>10/4/54</td><td>4,155</td><td>-</td><td>4,155</td><td>2,351 647</td><td>1,157</td><td>3-1/2% Certificate - 4/15/58-B 3-5/8% Note - 2/15/62-A</td></tr><tr><td>6/24/57</td><td>3.305% Bill - 6/24/57</td><td>1/16/57</td><td>1,601</td><td>1,601 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>6/24/57</td><td>3.231% Bill - 6/24/57</td><td>2/15/57</td><td>1,750</td><td>1,750 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>6/24/57</td><td>3-1/4% Certificate - 6/24/57-C</td><td>12/1/56</td><td>1,312</td><td>1,312 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>8/1/57</td><td>2-3/4% Note - 8/1/57-D</td><td>7/16/56</td><td>12,056</td><td>-</td><td>12,056</td><td>8,893 1,783 1,039</td><td>342</td><td>3-5/8% Certificate - 12/1/57-E 4% Certificate - 8/1/58-C 4% Note - 8/1/61-A</td></tr><tr><td></td><td>2% Note - 8/15/57-C</td><td>2/15/55</td><td>3,792</td><td>-</td><td>3,792</td><td>978 1,327 1,118</td><td>369</td><td>3-5/8% Certificate - 12/1/57-E 4% Certificate - 8/1/58-C 4% Note - 8/1/61-A</td></tr><tr><td>8/1/57</td><td>3-1/4% Certificate - 10/1/57-D</td><td>12/1/56</td><td>7,271</td><td>-</td><td>7,271</td><td>6,634 319</td><td>318</td><td>4% Certificate - 8/1/58-C 4% Note - 8/1/61-A</td></tr><tr><td></td><td>1-1/2% Note - 10/1/57-E0</td><td>10/1/52</td><td>824</td><td>-</td><td>824</td><td>743 32</td><td>49</td><td>4% Certificate - 8/1/58-C 4% Note - 8/1/61-A</td></tr><tr><td></td><td>Total</td><td></td><td>23,943</td><td>-</td><td>23,943</td><td>22,866</td><td>1,077</td><td>9,871 of 3-5/8% Certificate 10,487 of 4% Certificate 2,509 of 4% Note</td></tr><tr><td>9/23/57</td><td>2.825% Bill - 9/23/57</td><td>5/27/57</td><td>1,501</td><td>1,501 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>12/2/57</td><td>3-5/8% Certificate - 12/1/57-E</td><td>8/1/57</td><td>9,971</td><td>-</td><td>9,971</td><td>9,833</td><td>138</td><td>3-3/4% Certificate - 12/1/58-D</td></tr></table>
Footnotes at end of table.
(Continued on following page)
40
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 6.- Disposition of Matured Public Marketable Securities
Other Than Regular Weekly Treasury Bills - (Continued)
<table><tr><th>Date of refunding or retirement</th><th colspan="3">Called or maturing security 1/</th><th colspan="2">Disposition offered by Treasury</th><th colspan="2">Results of exchange offers</th><th>Description of new security offered (See also Table 4.)</th></tr><tr><th></th><th>Description</th><th>Issue date</th><th>Amount outstanding</th><th>Cash retirement</th><th>Exchange security offered</th><th>Exchanged</th><th>Turned in for cash 2/</th><th></th></tr><tr><td>2/14/58</td><td>3-3/8% Certificate - 2/14/58-A</td><td>2/15/57</td><td>10,851</td><td>-</td><td>10,851</td><td>7,493 1,980 1,121</td><td>257</td><td>2-1/2% Certificate - 2/14/59-A 3% Bond - 2/15/64</td></tr><tr><td></td><td>2-1/2% Bond - 3/15/56-58</td><td>6/2/41</td><td>1,449</td><td>-</td><td>1,449</td><td>343 592 350</td><td>164</td><td>2-1/2% Certificate - 2/14/59-A 3% Bond - 2/15/64</td></tr><tr><td></td><td>1-1/2% Note - 4/1/58-EA</td><td>4/1/53</td><td>383</td><td>-</td><td>383</td><td>194 115 25</td><td>49</td><td>2-1/2% Certificate - 2/14/59-A 3% Bond - 2/15/64</td></tr><tr><td></td><td>3-1/4% Bill - 4/15/58</td><td>8/21/57</td><td>1,751</td><td>-</td><td>1,751</td><td>677 372 96</td><td>607</td><td>2-1/2% Certificate - 2/14/59-A 3% Bond - 2/15/64</td></tr><tr><td></td><td>3-1/2% Certificate - 4/15/58-B</td><td>5/1/57</td><td>2,351</td><td>-</td><td>2,351</td><td>1,064 796 135</td><td>357</td><td>2-1/2% Certificate - 2/14/59-A 3% Bond - 2/15/64</td></tr><tr><td>3/24/58</td><td>Total</td><td></td><td>16,785</td><td>-</td><td>16,785</td><td>15,351</td><td>1,433</td><td>9,770 of 2-1/2% Certificate 3,854 of 3% Bond 1,727 of 3-1/2% Bond</td></tr><tr><td>3/24/58</td><td>3.485% Bill - 3/24/58</td><td>7/3/57</td><td>3,002</td><td>3,002 3/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>6/15/58</td><td>2-7/8% Note - 6/15/58-A</td><td>12/1/55</td><td>4,392</td><td>-</td><td>4,392</td><td>1,015 3,395</td><td>131</td><td>1-1/4% Certificate - 5/15/59-B 2-5/8% Bond - 2/15/65</td></tr><tr><td></td><td>2-3/4% Bond - 6/15/58-63</td><td>6/15/38</td><td>919</td><td>-</td><td>919</td><td>91 800</td><td>28</td><td>1-1/4% Certificate - 5/15/59-B 2-5/8% Bond - 2/15/65</td></tr><tr><td></td><td>2-3/8% Bond - 6/15/58</td><td>7/1/52</td><td>4,245</td><td>-</td><td>4,245</td><td>710 3,392</td><td>143</td><td>1-1/4% Certificate - 5/15/59-B 2-5/8% Bond - 2/15/65</td></tr><tr><td>June 158 July 158</td><td>Total</td><td></td><td>9,555</td><td>-</td><td>9,555</td><td>9,204</td><td>351</td><td>1,817 of 1-1/4% Certificate 7,388 of 2-5/8% Bond</td></tr><tr><td>8/1/58</td><td>2-5/8% Bond - 2/15/65</td><td>6/15/58</td><td>7,388</td><td>104 16/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td></td><td>2-5/8% Bond - 2/15/65</td><td>6/15/58</td><td>7,284</td><td>387 16/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td></td><td>4% Certificate - 8/1/58-C</td><td>8/1/57</td><td>11,519</td><td>-</td><td>11,519</td><td>10,634</td><td>885</td><td>1-5/8% Certificate - 8/1/59-C</td></tr><tr><td>8/1/58</td><td>2-1/4% Bond - 9/15/56-59 15/</td><td>2/1/44</td><td>3,818</td><td>-</td><td>3,818</td><td>2,206</td><td>1,612</td><td></td></tr><tr><td></td><td>2-3/8% Bond - 3/15/57-59 15/</td><td>3/1/52</td><td>927</td><td>-</td><td>927</td><td>666</td><td>267</td><td></td></tr><tr><td>10/1/58</td><td>Total</td><td></td><td>16,264</td><td>-</td><td>16,264</td><td>13,500</td><td>2,764</td><td></td></tr><tr><td>10/1/58</td><td>1-1/2% Note - 10/1/58-BO</td><td>10/1/53</td><td>121</td><td>121</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td></td><td>3-3/4% Certificate - 12/1/58-D</td><td>12/1/57</td><td>9,833</td><td>-</td><td>9,833</td><td>6,433 3,300</td><td>100</td><td>3-3/8% Certificate - 11/15/59-E 3-5/8% Note - 5/15/61-B</td></tr><tr><td>12/1/58</td><td>2-1/2% Bond - 12/15/58</td><td>2/15/53</td><td>2,368</td><td>-</td><td>2,368</td><td>1,277 778</td><td>312</td><td>3-3/8% Certificate - 11/15/59-E 3-5/8% Note - 5/15/61-B</td></tr><tr><td>12/1/58</td><td>Total</td><td></td><td>12,201</td><td>-</td><td>12,201</td><td>11,789</td><td>412</td><td>7,711 of 3-3/8% Certificate 4,078 of 3-5/8% Note</td></tr><tr><td>2/15/59</td><td>2-1/2% Certificate - 2/14/59-A</td><td>2/14/58</td><td>9,770</td><td>-</td><td>9,770</td><td>8,315 579</td><td>876</td><td>3-3/4% Certificate - 2/15/60-A 4% Note - 2/15/62-D</td></tr><tr><td>2/15/59</td><td>1-7/8% Note - 2/15/59-A</td><td>5/17/54</td><td>5,102</td><td>-</td><td>5,102</td><td>3,048 856</td><td>1,199</td><td>3-3/4% Certificate - 2/15/60-A 4% Note - 2/15/62-D</td></tr><tr><td>3/24/59</td><td>Total</td><td></td><td>14,872</td><td>-</td><td>14,872</td><td>12,798</td><td>2,075</td><td>11,363 of 3-3/4% Certificate 1,435 of 4% Note</td></tr><tr><td>4/1/59</td><td>1-1/2% Certificate - 3/24/59-D</td><td>8/6/58</td><td>3,567</td><td>3,567 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>5/15/59</td><td>1-1/2% Note - 4/1/59-EA</td><td>4/1/54</td><td>119</td><td>119</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>5/15/59</td><td>1-1/4% Certificate - 5/15/59-B</td><td>6/15/58</td><td>1,817</td><td>-</td><td>1,817</td><td>1,269</td><td>547</td><td>4% Certificate - 5/15/60-B</td></tr><tr><td>5/15/59</td><td>3-1/4% Bill - 5/15/59</td><td>10/8/58</td><td>2,735</td><td>2,735</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>6/22/59</td><td>2.999% Bill - 6/22/59</td><td>11/20/58</td><td>2,997</td><td>2,997 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>8/1/59</td><td>1-5/8% Certificate - 8/1/59-C</td><td>8/1/58</td><td>13,500</td><td>-</td><td>13,500</td><td>9,128 4,152</td><td>221</td><td>4-4/3% Note - 8/15/60-C 4-3/4% Note - 5/15/64-A</td></tr><tr><td>8/1/59</td><td>4% Note - 8/1/61-A</td><td>8/1/57</td><td>473 16/</td><td>-</td><td>473</td><td>433 32</td><td>8</td><td>4-3/4% Note - 8/15/60-C 4-3/4% Note - 5/15/64-A</td></tr><tr><td>Total</td><td></td><td></td><td>13,973</td><td>-</td><td>13,973</td><td>13,745</td><td>228</td><td>9,561 of Note - 8/15/60 4,184 of Note - 5/15/64</td></tr><tr><td>9/21/59</td><td>3.293% Bill - 9/21/59</td><td>2/16/59</td><td>1,502</td><td>1,502 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>10/1/59</td><td>1-1/2% Note - 10/1/59-BO</td><td>10/1/54</td><td>99</td><td>99</td><td>-</td><td>-</td><td>-</td><td></td></tr></table>
Footnotes at end of table.
(Continued on following page)
April 1960
41
PUBLIC DEBT OPERATIONS
Table 6.- Disposition of Matured Public Marketable Securities
Other Than Regular Weekly Treasury Bills - (Continued)
<table><tr><th>Date of refunding or retirement</th><th colspan="3">Called or maturing security 1/</th><th colspan="2">Disposition offers by Treasury</th><th colspan="2">Results of exchange offers</th><th>Description of new security offered (See also Table 4)</th></tr><tr><th></th><th>Description</th><th>Issue date</th><th>Amount outstanding</th><th>Cash retirement</th><th>Exchange security offered</th><th>Exchanged</th><th>Turned in for cash 2/</th><th></th></tr><tr><td colspan="9">(In millions of dollars)</td></tr><tr><td rowspan="4">11/15/59</td><td>3-3/8% Certificate - 11/15/59-E</td><td>12/1/58</td><td>7,711</td><td>-</td><td>7,711</td><td>6,534 871</td><td>306</td><td>4-3/4% Certificate - 11/15/60-C 4-7/8% Note - 11/15/63-C</td></tr><tr><td>3-1/2% Note - 11/15/59-B</td><td>10/10/58</td><td>1,184</td><td>-</td><td>1,184</td><td>504 457</td><td>223</td><td>4-3/4% Certificate - 11/15/60-C 4-7/8% Note - 11/15/63-C</td></tr><tr><td>Total maturities</td><td></td><td>8,894</td><td>-</td><td>8,894</td><td>8,365</td><td>529</td><td></td></tr><tr><td>4% Note - 8/15/62-B</td><td>9/26/57</td><td>2,000</td><td>-</td><td>2,000</td><td>1,684</td><td>17/ -</td><td>4-7/8% Note - 11/15/63-C</td></tr><tr><td>Total</td><td></td><td>10,895</td><td>-</td><td>10,895</td><td>10,049</td><td>529</td><td>7,037 of 4-3/4% Certificate 3,011 of 4-7/8% Note</td></tr><tr><td>12/22/59</td><td>3.565% B111 - 12/22/59</td><td>5/15/59</td><td>1,500</td><td>1,500 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>1/15/60</td><td>3.386% B111 - 1/15/60</td><td>4/1/59</td><td>2,006</td><td>2,006 18/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td></td><td>3-3/4% Certificate - 2/15/60-A</td><td>2/15/59</td><td>11,363</td><td>-</td><td>11,363</td><td>6,829p 4,163p</td><td>370p</td><td>4-7/8% Certificate - 2/15/61-A 4-7/8% Note - 11/15/64-C</td></tr><tr><td>2/15/60</td><td>1-1/2% Note - 4/1/60-EA</td><td>4/1/55</td><td>198</td><td>-</td><td>198</td><td>109p 32p</td><td>57p</td><td>4-7/8% Certificate - 2/15/61-A 4-7/8% Note - 11/15/64-C</td></tr><tr><td>Total</td><td></td><td>11,561</td><td>-</td><td>11,561</td><td>11,134p</td><td>427p</td><td>6,938p of 4-7/8% Certificate 4,195p of 4-7/8% Note</td></tr><tr><td>2/15/60</td><td>4% Note - 8/15/62-B</td><td>9/26/57</td><td>158 12/</td><td>158</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>3/22/60</td><td>4.075% B111 - 3/22/60 3.717% B111 - 3/22/60</td><td>7/8/59 7/8/59</td><td>3,005 999</td><td>3,005 2/ 999 3/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>4/1/60</td><td>1-1/2% Note - 4/1/60-EA</td><td>4/1/55</td><td>57p</td><td>57p</td><td>-</td><td>-</td><td>-</td><td></td></tr></table>
Source: Bureau of the Public Debt. Preliminary figures are from subscription and allotment reports; final figures are on "clearance" basis in daily Treasury statement.
1/ Original call and maturity dates are used.
2/ All by investors other than Federal Reserve Banks.
3/ Tax anticipation issue; for detail of offerings beginning 1953, see Table 4; for amounts redeemed for taxes and for cash, see tabular note below.
4/ On November 9, 1953, the Treasury purchased from the Federal Reserve System and retired $500 million of the 2-1/8% Treasury notes maturing December 1, 1955. For further detail see "Treasury Bulletin" for November 1953, page A-1.
5/ Reopening of February 2, 1953, offering (see Table 4).
6/ It had been announced that holders of these bonds would be given an opportunity to exchange them for another Treasury issue after February 15, 1954. This exchange offer was included in the refundings of May 17, 1954.
7/ Reopening of August 3, 1954, offering (see Table 4).
8/ Also designated tax anticipation certificates, acceptable at par plus accrued interest to maturity in payment of income and profits taxes due June 15, 1956.
9/ Reopening of May 3, 1955, offering (see Table 4).
10/ Reopening of November 28, 1955, offering (see Table 4).
11/ During June 1956, $159 million of 28 Treasury notes maturing August 15, 1958, were purchased by the Treasury for account of the Sinking Fund and retired.
12/ Also designated tax anticipation certificates, acceptable at par plus accrued interest to maturity in payment of income and profits taxes due June 15, 1957.
13/ Two issues of bills, maturing January 16, 1957, and February, 1957, respectively, were rolled over into two issues of tax anticipation bills, both maturing June 24, 1957.
14/ During June and July 1958, $491 million of the 2-5/8% Treasury bonds of 1965 were purchased by the Treasury for retirement under Section 19 of the Second Liberty Bond Act, as amended (31 U.S.C. 754a).
15/ Called on May 12, 1958, for redemption on September 15, 1958.
16/ Represents amount which owners exercised the option to redeem on August 3, 1959 (see Table 4, footnote 22).
17/ Holders of the 4% notes, who had the option to redeem at par on February 15, 1960, by giving notice not later than November 16, 1959, were permitted to exchange their holdings on November 15, 1959, for the 4-7/8% notes.
18/ Partially rolled over into a new bill issue dated January 15, 1960; see Table 4.
19/ Represents amount which owners exercised the option to redeem on February 15, 1960 (see Table 4, footnote 24).
p Preliminary.
Note: Information on retirement of tax anticipation issues referred to in footnote 3, in millions of dollars:
<table><tr><th>Date of retirement</th><th>Security</th><th>Total amount retired</th><th>Redeemed for taxes</th><th>Redeemed for cash</th></tr><tr><td>3/18/53</td><td>Bill</td><td>2,502</td><td>1,238</td><td>1,264</td></tr><tr><td>6/19/53</td><td>Bill</td><td>2,003</td><td>1,157</td><td>846</td></tr><tr><td>9/18/53</td><td>Bill</td><td>800</td><td>162</td><td>638</td></tr><tr><td>3/22/54</td><td>Certificate</td><td>5,902</td><td>2,669</td><td>3,233</td></tr><tr><td>6/18/54</td><td>Bill</td><td>1,001</td><td>621</td><td>380</td></tr><tr><td>6/24/54</td><td>Bill</td><td>1,501</td><td>1,258</td><td>243</td></tr><tr><td>3/22/55</td><td>Certificate</td><td>3,734</td><td>2,216</td><td>1,518</td></tr><tr><td>6/22/55</td><td>Certificate</td><td>3,210</td><td>1,917</td><td>1,293</td></tr><tr><td>3/22/56</td><td>Certificate</td><td>2,202</td><td>1,674</td><td>528</td></tr><tr><td>3/23/56</td><td>Bill</td><td>1,501</td><td>1,137</td><td>364</td></tr><tr><td>6/22/56</td><td>Certificate</td><td>1,486</td><td>1,013</td><td>473</td></tr><tr><td>3/22/57</td><td>Certificate</td><td>2,970</td><td>1,891</td><td>1,079</td></tr><tr><td>3/22/57</td><td>Bill</td><td>1,006</td><td>473</td><td>533</td></tr><tr><td>6/22/57</td><td>Certificate</td><td>3,221</td><td>1,922</td><td>1,299</td></tr><tr><td>6/24/57</td><td>Bill</td><td>1,601</td><td>1,664</td><td>1,687</td></tr><tr><td>6/24/57</td><td>Bill</td><td>1,750</td><td></td><td></td></tr><tr><td>6/22/57</td><td>Certificate</td><td>1,312</td><td>620</td><td>692</td></tr><tr><td>9/23/57</td><td>Bill</td><td>1,501</td><td>613</td><td>888</td></tr><tr><td>3/24/58</td><td>Bill</td><td>3,002</td><td>1,826</td><td>1,176</td></tr><tr><td>3/24/59</td><td>Certificate</td><td>3,567</td><td>1,642</td><td>1,925</td></tr><tr><td>6/22/59</td><td>Bill</td><td>2,997</td><td>1,377</td><td>1,620</td></tr><tr><td>9/23/59</td><td>Bill</td><td>1,502</td><td>860</td><td>642</td></tr><tr><td>12/22/59</td><td>Bill</td><td>1,500</td><td>762</td><td>738</td></tr><tr><td>3/22/60</td><td>Bill</td><td>3,005</td><td></td><td></td></tr><tr><td>3/22/60</td><td>Bill</td><td>999</td><td>2,254p</td><td>1,750p</td></tr></table>
42
Treasury Bulletin
UNITED STATES SAVINGS BONDS
Series E and H are the only savings bonds now being sold. Series E has been on sale since May 1, 1941, and Series H has been on sale since June 1, 1952. Series A-D were sold from March 1, 1935, through April 30, 1941. Series F and O were sold from May 1, 1941, through April
30, 1952. Series J and K were sold from May 1, 1952, through April 30, 1957. Details of the principal changes in issues, interest yields, maturities, and other savings bonds terms appear in the Treasury Bulletins of May 1951, May 1952, May 1957, and October 1959.
Table 1.- Sales and Redemptions by Series, Cumulative through February 29, 1960
(Dollar amounts in millions)
<table><tr><th>Series</th><th>Sales 1/</th><th>Accrued discount</th><th>Sales plus accrued discount</th><th>Redemptions 1/</th><th colspan="2">Amount outstanding</th></tr><tr><th></th><th></th><th></th><th></th><th></th><th>Interest-bearing debt</th><th>Matured debt</th></tr><tr><td>Series A-D 2/</td><td>3,949</td><td>1,054</td><td>5,003</td><td>4,979</td><td>-</td><td>24</td></tr><tr><td>Series E and H</td><td>101,137</td><td>14,567</td><td>115,704</td><td>73,090</td><td>42,613</td><td>-</td></tr><tr><td>Series F, G, J, and K</td><td>31,951</td><td>1,175</td><td>33,126</td><td>27,582</td><td>5,212</td><td>333</td></tr><tr><td>Total A-K</td><td>137,037</td><td>16,796</td><td>153,833</td><td>105,651</td><td>47,825</td><td>357</td></tr></table>
Source: Daily Treasury statement; Debt Analysis Staff in the Office of the Secretary.
Footnotes at end of Table 4.
Table 2.- Sales and Redemptions by Periods, All Series Combined
(In millions of dollars)
<table><tr><th>Period</th><th>Sales 1/</th><th>Accrued discount</th><th>Sales plus accrued discount</th><th colspan="3">Redemptions 1/ 3/</th><th colspan="2">Amount outstanding</th></tr><tr><th></th><th></th><th></th><th></th><th>Total</th><th>Sales price 1/ 5/</th><th>Accrued discount 5/</th><th>Interest-bearing debt</th><th>Matured debt</th></tr><tr><td>Fiscal years:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1955-1952</td><td>97,720</td><td>7,382</td><td>105,102</td><td>47,295</td><td>44,762</td><td>2,533</td><td>57,685</td><td>122</td></tr><tr><td>1953</td><td>4,562</td><td>1,229</td><td>5,791</td><td>5,621</td><td>5,072</td><td>548</td><td>57,886</td><td>91</td></tr><tr><td>1954 6/</td><td>5,494</td><td>1,234</td><td>6,727</td><td>6,515</td><td>5,875</td><td>639</td><td>58,061</td><td>128</td></tr><tr><td>1955 6/</td><td>6,473</td><td>1,231</td><td>7,704</td><td>7,251</td><td>6,489</td><td>768</td><td>58,365</td><td>277</td></tr><tr><td>1956</td><td>5,866</td><td>1,214</td><td>7,060</td><td>7,866</td><td>7,026</td><td>820</td><td>57,497</td><td>360</td></tr><tr><td>1957</td><td>4,881</td><td>1,216</td><td>6,097</td><td>8,958</td><td>8,079</td><td>880</td><td>54,622</td><td>374</td></tr><tr><td>1958</td><td>4,670</td><td>1,226</td><td>5,896</td><td>8,544</td><td>7,703</td><td>841</td><td>51,984</td><td>364</td></tr><tr><td>1959</td><td>4,506</td><td>1,228</td><td>5,734</td><td>7,249</td><td>6,404</td><td>845</td><td>50,503</td><td>331</td></tr><tr><td>Calendar years:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1955-1952</td><td>99,799</td><td>7,991</td><td>107,790</td><td>49,744</td><td>46,962</td><td>2,782</td><td>57,940</td><td>106</td></tr><tr><td>1953</td><td>4,800</td><td>1,237</td><td>6,037</td><td>6,119</td><td>5,552</td><td>597</td><td>57,710</td><td>225</td></tr><tr><td>1954</td><td>6,173</td><td>1,236</td><td>7,409</td><td>6,985</td><td>6,348</td><td>637</td><td>57,672</td><td>686</td></tr><tr><td>1955</td><td>6,276</td><td>1,216</td><td>7,491</td><td>7,301</td><td>6,457</td><td>844</td><td>57,924</td><td>624</td></tr><tr><td>1956</td><td>5,517</td><td>1,217</td><td>6,734</td><td>8,264</td><td>7,427</td><td>838</td><td>56,299</td><td>725</td></tr><tr><td>1957</td><td>4,605</td><td>1,216</td><td>5,821</td><td>9,630</td><td>8,697</td><td>934</td><td>52,474</td><td>734</td></tr><tr><td>1958</td><td>4,689</td><td>1,235</td><td>5,924</td><td>7,255</td><td>6,527</td><td>729</td><td>51,192</td><td>686</td></tr><tr><td>1959</td><td>4,320</td><td>1,221</td><td>5,541</td><td>8,772</td><td>7,718</td><td>1,054</td><td>48,154</td><td>494</td></tr><tr><td>Months:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1959-July</td><td>350</td><td>127</td><td>478</td><td>775</td><td>680</td><td>96</td><td>50,221</td><td>315</td></tr><tr><td>August</td><td>309</td><td>89</td><td>398</td><td>647</td><td>569</td><td>78</td><td>49,983</td><td>304</td></tr><tr><td>September</td><td>300</td><td>93</td><td>393</td><td>668</td><td>574</td><td>94</td><td>49,721</td><td>291</td></tr><tr><td>October</td><td>358</td><td>87</td><td>445</td><td>742</td><td>658</td><td>83</td><td>49,434</td><td>282</td></tr><tr><td>November</td><td>332</td><td>92</td><td>424</td><td>588</td><td>500</td><td>88</td><td>49,280</td><td>272</td></tr><tr><td>December</td><td>377</td><td>122</td><td>500</td><td>1,404</td><td>1,304</td><td>100</td><td>48,154</td><td>494</td></tr><tr><td>1960-January</td><td>421</td><td>129</td><td>549</td><td>923</td><td>834</td><td>89</td><td>47,877</td><td>396</td></tr><tr><td>February</td><td>438</td><td>98</td><td>536</td><td>627</td><td>523</td><td>105</td><td>47,825</td><td>357</td></tr></table>
Sources: Daily Treasury statement; Debt Analysis Staff in the Office of the Secretary.
Footnotes et al of Table 4.
April 1960
43
UNITED STATES SAVINGS BONDS
Table 3.- Sales and Redemptions by Periods, Series E through K
(In millions of dollars)
<table><tr><th rowspan="2">Period</th><th rowspan="2">Sales 1/</th><th rowspan="2">Accrued discount</th><th rowspan="2">Sales plus accrued discount</th><th colspan="3">Redemption 1/ 3/</th><th colspan="2">Amount outstanding</th></tr><tr><th>Total</th><th>Sales price 1/ 5/</th><th>Accrued discount 1/</th><th>Interest-bearing debt</th><th>Matured debt</th></tr></table>
Series E and H combined
<table><tr><th>Fiscal years:</th><th>1</th><th>2</th><th>3</th><th>4</th><th>5</th><th>6</th><th>7</th></tr><tr><td>1941-1952</td><td>65,266</td><td>5,815</td><td>71,080</td><td>36,175</td><td>34,752</td><td>1,423</td><td>34,905</td><td>-</td></tr><tr><td>1953</td><td>4,061</td><td>1,120</td><td>5,181</td><td>4,038</td><td>3,538</td><td>500</td><td>36,048</td><td>-</td></tr><tr><td>1954 & 1955</td><td>4,653</td><td>1,126</td><td>5,779</td><td>4,345</td><td>3,791</td><td>554</td><td>37,482</td><td>-</td></tr><tr><td>1956</td><td>5,225</td><td>1,142</td><td>6,348</td><td>4,544</td><td>3,909</td><td>636</td><td>39,285</td><td>-</td></tr><tr><td>1957</td><td>5,260</td><td>1,111</td><td>6,371</td><td>4,790</td><td>4,072</td><td>658</td><td>40,929</td><td>-</td></tr><tr><td>1958</td><td>4,613</td><td>1,133</td><td>5,746</td><td>5,176</td><td>4,160</td><td>716</td><td>41,498</td><td>-</td></tr><tr><td>1959</td><td>4,670</td><td>1,161</td><td>5,831</td><td>5,187</td><td>4,172</td><td>715</td><td>42,112</td><td>-</td></tr><tr><td></td><td>4,506</td><td>1,174</td><td>5,680</td><td>5,107</td><td>4,336</td><td>771</td><td>42,716</td><td>-</td></tr><tr><th>Calendar years:</th><th>1</th><th>2</th><th>3</th><th>4</th><th>5</th><th>6</th><th>7</th></tr><tr><td>1941-1952</td><td>67,095</td><td>6,372</td><td>73,467</td><td>38,213</td><td>36,486</td><td>1,657</td><td>35,324</td><td>-</td></tr><tr><td>1953</td><td>4,368</td><td>1,128</td><td>5,496</td><td>4,157</td><td>3,625</td><td>531</td><td>36,663</td><td>-</td></tr><tr><td>1954</td><td>4,889</td><td>1,126</td><td>6,015</td><td>4,444</td><td>3,909</td><td>533</td><td>38,233</td><td>-</td></tr><tr><td>1955</td><td>5,368</td><td>1,113</td><td>6,481</td><td>4,652</td><td>3,919</td><td>702</td><td>40,063</td><td>-</td></tr><tr><td>1956</td><td>5,013</td><td>1,126</td><td>6,167</td><td>4,832</td><td>4,164</td><td>668</td><td>41,398</td><td>-</td></tr><tr><td>1957</td><td>4,507</td><td>1,113</td><td>5,649</td><td>5,169</td><td>4,697</td><td>772</td><td>41,578</td><td>-</td></tr><tr><td>1958</td><td>4,689</td><td>1,178</td><td>5,867</td><td>5,856</td><td>4,215</td><td>641</td><td>42,589</td><td>-</td></tr><tr><td>1959</td><td>4,320</td><td>1,169</td><td>5,489</td><td>5,519</td><td>4,565</td><td>955</td><td>42,559</td><td>-</td></tr></table>
Months:
<table><tr><td>1959-July</td><td>350</td><td>119</td><td>470</td><td>507</td><td>418</td><td>88</td><td>42,679</td><td>-</td></tr><tr><td>August</td><td>309</td><td>86</td><td>395</td><td>454</td><td>386</td><td>68</td><td>42,619</td><td>-</td></tr><tr><td>September</td><td>300</td><td>90</td><td>390</td><td>469</td><td>383</td><td>86</td><td>42,540</td><td>-</td></tr><tr><td>October</td><td>358</td><td>83</td><td>441</td><td>495</td><td>419</td><td>76</td><td>42,486</td><td>-</td></tr><tr><td>November</td><td>332</td><td>89</td><td>421</td><td>390</td><td>311</td><td>79</td><td>42,517</td><td>-</td></tr><tr><td>December</td><td>377</td><td>119</td><td>496</td><td>454</td><td>363</td><td>91</td><td>42,599</td><td>-</td></tr><tr><td>1960-January</td><td>421</td><td>121</td><td>542</td><td>562</td><td>513</td><td>49</td><td>42,539</td><td>-</td></tr><tr><td>February</td><td>438</td><td>93</td><td>531</td><td>457</td><td>368</td><td>89</td><td>42,613</td><td>-</td></tr></table>
Series F, G, J, and K combined 7/
<table><tr><th>Fiscal years:</th><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th></th></tr><tr><td>1941-1952</td><td>28,505</td><td>513</td><td>29,018</td><td>6,239</td><td>6,152</td><td>86</td><td>23,780</td><td>-</td></tr><tr><td>1953</td><td>901</td><td>108</td><td>610</td><td>1,552</td><td>1,511</td><td>41</td><td>21,837</td><td>-</td></tr><tr><td>1954 6/</td><td>841</td><td>108</td><td>949</td><td>2,152</td><td>2,071</td><td>81</td><td>20,579</td><td>55</td></tr><tr><td>1955 6/</td><td>1,249</td><td>108</td><td>1,357</td><td>2,692</td><td>2,564</td><td>128</td><td>19,080</td><td>219</td></tr><tr><td>1956</td><td>586</td><td>100</td><td>686</td><td>3,105</td><td>2,966</td><td>159</td><td>16,568</td><td>312</td></tr><tr><td>1957</td><td>268</td><td>83</td><td>352</td><td>3,774</td><td>3,612</td><td>162</td><td>13,128</td><td>335</td></tr><tr><td>1958</td><td>*</td><td>65</td><td>65</td><td>3,350</td><td>3,226</td><td>126</td><td>9,812</td><td>331</td></tr><tr><td>1959</td><td>*</td><td>54</td><td>54</td><td>2,137</td><td>2,064</td><td>73</td><td>7,787</td><td>303</td></tr><tr><th>Calendar years:</th><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th></th></tr><tr><td>1941-1952</td><td>28,755</td><td>565</td><td>29,320</td><td>6,704</td><td>6,606</td><td>97</td><td>22,616</td><td>-</td></tr><tr><td>1953</td><td>432</td><td>109</td><td>542</td><td>1,968</td><td>1,909</td><td>59</td><td>21,047</td><td>143</td></tr><tr><td>1954</td><td>1,284</td><td>110</td><td>1,394</td><td>2,526</td><td>2,428</td><td>98</td><td>19,439</td><td>619</td></tr><tr><td>1955</td><td>907</td><td>103</td><td>1,010</td><td>2,636</td><td>2,498</td><td>138</td><td>17,861</td><td>571</td></tr><tr><td>1956</td><td>475</td><td>92</td><td>567</td><td>3,422</td><td>3,255</td><td>167</td><td>14,895</td><td>681</td></tr><tr><td>1957</td><td>98</td><td>74</td><td>172</td><td>4,153</td><td>3,994</td><td>160</td><td>10,896</td><td>698</td></tr><tr><td>1958</td><td>*</td><td>58</td><td>58</td><td>2,395</td><td>2,308</td><td>86</td><td>8,603</td><td>655</td></tr><tr><td>1959</td><td>*</td><td>52</td><td>52</td><td>3,246</td><td>3,148</td><td>98</td><td>5,594</td><td>468</td></tr><tr><th>Months:</th><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th></th></tr><tr><td>1959-July</td><td>-</td><td>8</td><td>8</td><td>268</td><td>261</td><td>7</td><td>7,542</td><td>287</td></tr><tr><td>August</td><td>-</td><td>3</td><td>3</td><td>192</td><td>182</td><td>10</td><td>7,364</td><td>276</td></tr><tr><td>September</td><td>*</td><td>3</td><td>3</td><td>198</td><td>190</td><td>8</td><td>7,181</td><td>265</td></tr><tr><td>October</td><td>-</td><td>4</td><td>4</td><td>246</td><td>239</td><td>7</td><td>6,948</td><td>255</td></tr><tr><td>November</td><td>-</td><td>3</td><td>3</td><td>198</td><td>188</td><td>10</td><td>6,762</td><td>266</td></tr><tr><td>December</td><td>-</td><td>4</td><td>4</td><td>949 8/</td><td>940</td><td>9</td><td>5,594</td><td>268</td></tr><tr><td>1960-January</td><td>-</td><td>7</td><td>7</td><td>361 8/</td><td>321</td><td>39</td><td>5,338</td><td>372</td></tr><tr><td>February</td><td>-</td><td>5</td><td>5</td><td>170 8/</td><td>154</td><td>16</td><td>5,212</td><td>333</td></tr></table>
Footnotes at end of Table 4.
(Continued on following page)
44
Treasury Bulletin
UNITED STATES SAVINGS BONDS
Table 3.- Sales and Redemptions by Periods, Series E through K - (Continued)
(In millions of dollars)
<table><tr><th>Period</th><th>Sales 1/</th><th>Accrued discount</th><th>Sales plus accrued discount</th><th colspan="3">Redemptions 1/ 3/</th><th>Exchanges of E bonds for H bonds</th><th>Amount outstanding (interest-bearing debt)</th></tr><tr><th></th><th></th><th></th><th></th><th>Total</th><th>Sale price 4/ 5/</th><th>Accrued discount 5/</th><th></th><th></th></tr><tr><td colspan="9">Series E</td></tr><tr><td colspan="9">Fiscal years:</td></tr><tr><td>1941-1952</td><td>65,236</td><td>5,815</td><td>71,050</td><td>36,175</td><td>34,752</td><td>1,423</td><td>-</td><td>34,875</td></tr><tr><td>1953</td><td>3,700</td><td>1,120</td><td>4,821</td><td>4,032</td><td>3,532</td><td>500</td><td>-</td><td>35,664</td></tr><tr><td>1954</td><td>3,988</td><td>1,126</td><td>5,114</td><td>4,319</td><td>3,765</td><td>554</td><td>-</td><td>36,458</td></tr><tr><td>1955</td><td>4,095</td><td>1,123</td><td>5,218</td><td>4,490</td><td>3,854</td><td>636</td><td>-</td><td>37,186</td></tr><tr><td>1956</td><td>4,219</td><td>1,111</td><td>5,333</td><td>4,622</td><td>3,964</td><td>658</td><td>-</td><td>37,898</td></tr><tr><td>1957</td><td>3,919</td><td>1,133</td><td>5,052</td><td>4,981</td><td>4,265</td><td>716</td><td>-</td><td>37,969</td></tr><tr><td>1958</td><td>3,889</td><td>1,161</td><td>5,050</td><td>4,951</td><td>4,236</td><td>715</td><td>-</td><td>38,067</td></tr><tr><td>1959</td><td>3,688</td><td>1,174</td><td>4,862</td><td>4,889</td><td>4,118</td><td>771</td><td>-</td><td>38,040</td></tr><tr><td colspan="9">Calendar years:</td></tr><tr><td>1941-1952</td><td>66,913</td><td>6,372</td><td>73,285</td><td>38,143</td><td>36,486</td><td>1,657</td><td>-</td><td>35,143</td></tr><tr><td>1953</td><td>3,506</td><td>1,128</td><td>5,034</td><td>4,111</td><td>3,509</td><td>531</td><td>-</td><td>36,036</td></tr><tr><td>1954</td><td>4,023</td><td>1,126</td><td>5,129</td><td>4,406</td><td>3,871</td><td>535</td><td>-</td><td>36,778</td></tr><tr><td>1955</td><td>4,192</td><td>1,113</td><td>5,304</td><td>4,572</td><td>3,870</td><td>702</td><td>-</td><td>37,510</td></tr><tr><td>1956</td><td>4,142</td><td>1,124</td><td>5,266</td><td>4,689</td><td>4,021</td><td>668</td><td>-</td><td>38,087</td></tr><tr><td>1957</td><td>3,875</td><td>1,113</td><td>5,018</td><td>5,220</td><td>4,449</td><td>772</td><td>-</td><td>37,885</td></tr><tr><td>1958</td><td>3,802</td><td>1,178</td><td>4,979</td><td>4,658</td><td>4,017</td><td>641</td><td>-</td><td>38,206</td></tr><tr><td>1959</td><td>3,598</td><td>1,169</td><td>4,767</td><td>5,225</td><td>4,271</td><td>955</td><td>-</td><td>37,748</td></tr><tr><td colspan="9">Months:</td></tr><tr><td>1959-July</td><td>297</td><td>119</td><td>416</td><td>479</td><td>391</td><td>88</td><td>-</td><td>37,977</td></tr><tr><td>August</td><td>269</td><td>86</td><td>355</td><td>428</td><td>360</td><td>68</td><td>-</td><td>37,904</td></tr><tr><td>September</td><td>264</td><td>90</td><td>354</td><td>437</td><td>351</td><td>86</td><td>-</td><td>37,821</td></tr><tr><td>October</td><td>299</td><td>83</td><td>382</td><td>466</td><td>390</td><td>76</td><td>-</td><td>37,737</td></tr><tr><td>November</td><td>289</td><td>89</td><td>372</td><td>363</td><td>284</td><td>79</td><td>-</td><td>37,616</td></tr><tr><td>December</td><td>305</td><td>119</td><td>424</td><td>422</td><td>332</td><td>91</td><td>-</td><td>37,748</td></tr><tr><td>1960-January</td><td>347</td><td>121</td><td>468</td><td>532</td><td>482</td><td>49</td><td>41</td><td>37,644</td></tr><tr><td>February</td><td>340</td><td>93</td><td>433</td><td>431</td><td>343</td><td>89</td><td>73</td><td>37,573</td></tr><tr><td colspan="9">Series H</td></tr><tr><td colspan="9">Fiscal years:</td></tr><tr><td>1952</td><td>30</td><td>-</td><td>30</td><td>-</td><td>-</td><td>-</td><td>-</td><td>30</td></tr><tr><td>1953</td><td>360</td><td>-</td><td>360</td><td>6</td><td>6</td><td>-</td><td>-</td><td>385</td></tr><tr><td>1954</td><td>665</td><td>-</td><td>665</td><td>26</td><td>26</td><td>-</td><td>-</td><td>1,024</td></tr><tr><td>1955</td><td>1,130</td><td>-</td><td>1,130</td><td>55</td><td>55</td><td>-</td><td>-</td><td>2,099</td></tr><tr><td>1956</td><td>1,041</td><td>-</td><td>1,041</td><td>108</td><td>108</td><td>-</td><td>-</td><td>3,031</td></tr><tr><td>1957</td><td>694</td><td>-</td><td>694</td><td>196</td><td>196</td><td>-</td><td>-</td><td>3,529</td></tr><tr><td>1958</td><td>782</td><td>-</td><td>782</td><td>236</td><td>236</td><td>-</td><td>-</td><td>4,075</td></tr><tr><td>1959</td><td>818</td><td>-</td><td>818</td><td>217</td><td>217</td><td>-</td><td>-</td><td>4,676</td></tr><tr><td colspan="9">Calendar years:</td></tr><tr><td>1952</td><td>182</td><td>-</td><td>182</td><td>*</td><td>*</td><td>-</td><td>-</td><td>181</td></tr><tr><td>1953</td><td>462</td><td>-</td><td>462</td><td>16</td><td>16</td><td>-</td><td>-</td><td>627</td></tr><tr><td>1954</td><td>866</td><td>-</td><td>866</td><td>38</td><td>38</td><td>-</td><td>-</td><td>1,455</td></tr><tr><td>1955</td><td>1,177</td><td>-</td><td>1,177</td><td>79</td><td>79</td><td>-</td><td>-</td><td>2,553</td></tr><tr><td>1956</td><td>901</td><td>-</td><td>901</td><td>143</td><td>143</td><td>-</td><td>-</td><td>3,310</td></tr><tr><td>1957</td><td>631</td><td>-</td><td>631</td><td>268</td><td>268</td><td>-</td><td>-</td><td>3,699</td></tr><tr><td>1958</td><td>887</td><td>-</td><td>887</td><td>198</td><td>198</td><td>-</td><td>-</td><td>4,383</td></tr><tr><td>1959</td><td>722</td><td>-</td><td>722</td><td>294</td><td>294</td><td>-</td><td>-</td><td>4,811</td></tr><tr><td colspan="9">Months:</td></tr><tr><td>1959-July</td><td>54</td><td>-</td><td>54</td><td>28</td><td>28</td><td>-</td><td>-</td><td>4,702</td></tr><tr><td>August</td><td>40</td><td>-</td><td>40</td><td>26</td><td>26</td><td>-</td><td>-</td><td>4,715</td></tr><tr><td>September</td><td>36</td><td>-</td><td>36</td><td>32</td><td>32</td><td>-</td><td>-</td><td>4,719</td></tr><tr><td>October</td><td>59</td><td>-</td><td>59</td><td>29</td><td>29</td><td>-</td><td>-</td><td>4,749</td></tr><tr><td>November</td><td>49</td><td>-</td><td>49</td><td>27</td><td>27</td><td>-</td><td>-</td><td>4,771</td></tr><tr><td>December</td><td>72</td><td>-</td><td>72</td><td>32</td><td>32</td><td>-</td><td>-</td><td>4,811</td></tr><tr><td>1960-January</td><td>73</td><td>-</td><td>73</td><td>31</td><td>31</td><td>-</td><td>41</td><td>4,895</td></tr><tr><td>February</td><td>98</td><td>-</td><td>98</td><td>26</td><td>26</td><td>-</td><td>73</td><td>5,040</td></tr></table>
Source: Daily Treasury statement; Debt Analysis Staff in the Office of the Secretary.
Footnotes at end of Table 4.
April 1960
45
UNITED STATES SAVINGS BONDS
Table 4.- Redemptions of Matured and Unmatured Savings Bonds 5
(In millions of dollars)
<table><tr><th>Period</th><th>Total 1/</th><th colspan="3">Metured</th><th colspan="3">Unmetured</th><th>Unclassified 2/</th></tr><tr><th></th><th></th><th>Total</th><th>Series E</th><th>Other</th><th>Total</th><th>Series E and II</th><th>Other</th><th></th></tr><tr><td>Fiscal years:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1951</td><td>6,137</td><td>817</td><td>38</td><td>779</td><td>5,300</td><td>4,258</td><td>1,042</td><td>19</td></tr><tr><td>1952</td><td>5,109</td><td>792</td><td>702</td><td>90</td><td>4,316</td><td>3,304</td><td>1,012</td><td>1</td></tr><tr><td>1953</td><td>5,621</td><td>1,761</td><td>1,128</td><td>633 10/</td><td>3,859</td><td>2,955</td><td>904</td><td>*</td></tr><tr><td>1954</td><td>6,515</td><td>2,747</td><td>1,487</td><td>1,260 10/</td><td>3,589</td><td>2,715</td><td>874</td><td>179</td></tr><tr><td>1955</td><td>7,251</td><td>3,941</td><td>1,826</td><td>2,115</td><td>3,394</td><td>2,775</td><td>619</td><td>-84</td></tr><tr><td>1956</td><td>7,846</td><td>4,263</td><td>1,917</td><td>2,345</td><td>3,467</td><td>2,785</td><td>682</td><td>116</td></tr><tr><td>1957</td><td>8,958</td><td>4,115</td><td>1,971</td><td>2,144</td><td>4,657</td><td>3,132</td><td>1,526</td><td>185</td></tr><tr><td>1958</td><td>8,544</td><td>3,730</td><td>1,906</td><td>1,824</td><td>4,739</td><td>3,195</td><td>1,544</td><td>75</td></tr><tr><td>1959</td><td>7,249</td><td>3,621</td><td>1,996</td><td>1,625</td><td>3,778</td><td>3,235</td><td>543</td><td>-150</td></tr><tr><td>Calendar years:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1951</td><td>5,651</td><td>772</td><td>254</td><td>518</td><td>4,914</td><td>3,817</td><td>1,097</td><td>-35</td></tr><tr><td>1952</td><td>5,074</td><td>1,015</td><td>968</td><td>47</td><td>4,025</td><td>3,096</td><td>929</td><td>34</td></tr><tr><td>1953</td><td>6,149</td><td>2,318</td><td>1,328</td><td>990 10/</td><td>3,799</td><td>2,882</td><td>917</td><td>31</td></tr><tr><td>1954</td><td>6,985</td><td>3,171</td><td>1,500</td><td>1,672</td><td>3,057</td><td>2,466</td><td>593</td><td>757</td></tr><tr><td>1955</td><td>7,301</td><td>4,230</td><td>2,047</td><td>2,183</td><td>3,666</td><td>2,976</td><td>689</td><td>-595</td></tr><tr><td>1956</td><td>8,264</td><td>4,266</td><td>1,891</td><td>2,355</td><td>3,899</td><td>2,920</td><td>979</td><td>120</td></tr><tr><td>1957</td><td>9,630</td><td>4,156</td><td>2,084</td><td>2,072</td><td>5,207</td><td>3,322</td><td>1,886</td><td>266</td></tr><tr><td>1958</td><td>7,255</td><td>3,393</td><td>1,691</td><td>1,702</td><td>3,841</td><td>3,791</td><td>750</td><td>22</td></tr><tr><td>1959</td><td>8,772</td><td>4,701</td><td>2,433</td><td>2,268</td><td>4,520</td><td>3,445</td><td>1,075</td><td>-449</td></tr><tr><td>Months:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1959-July</td><td>775</td><td>348</td><td>224</td><td>124</td><td>397</td><td>339</td><td>68</td><td>30</td></tr><tr><td>August</td><td>647</td><td>272</td><td>172</td><td>99</td><td>412</td><td>258</td><td>154</td><td>-37</td></tr><tr><td>September</td><td>668</td><td>318</td><td>218</td><td>100</td><td>404</td><td>296</td><td>109</td><td>-54</td></tr><tr><td>October</td><td>742</td><td>279</td><td>189</td><td>90</td><td>415</td><td>300</td><td>115</td><td>48</td></tr><tr><td>November</td><td>588</td><td>295</td><td>196</td><td>99</td><td>425</td><td>283</td><td>143</td><td>-132</td></tr><tr><td>December</td><td>1,404</td><td>1,025</td><td>225</td><td>800 8/</td><td>418</td><td>296</td><td>122</td><td>-39</td></tr><tr><td>1960-January</td><td>923</td><td>273</td><td>125</td><td>148 8/</td><td>377</td><td>233</td><td>144</td><td>274</td></tr><tr><td>February</td><td>627</td><td>347</td><td>233</td><td>114 8/</td><td>437</td><td>268</td><td>189</td><td>-157</td></tr></table>
Source: Daily Treasury statement; Debt Analysis Staff in the Office of the Secretary.
Note: In these tables Series A-F and J sales are included at issue price and redemptions and amounts outstanding at current redemption values. Series G, H, K are included at face value throughout. Matured bonds which have been redeemed are shown as redeemed. Matured and G bonds outstanding are included in the interest-bearing debt until all bonds of the annual series have matured, when they are transferred to matured debt upon which interest has ceased. 1/ Sales and redemption figures include exchanges of minor amounts of (1) matured series E bonds for series G and K bonds from May 1951 through April 1957 and (2) series F and J bonds for series H bonds beginning January 1950; however, they exclude exchanges of series E bonds for series H bonds, which are reported in Table 3. 2/ Details by series on a cumulative basis and by periods for Series A-D combined will be found in the February 1952 and previous issues of the "Treasury Bulletin." 3/ Includes both matured and unmatured bonds; see Table 4. 4/ Includes total value of redemptions not yet classified between sales and accrued debt-count. 5/ A change in procedure, beginning in June 1954, for processing redeemed savings bonds has resulted in a high level of redemptions not yet classified by yearly series of issue. This increase temporarily
obscures the relationship between the redemption columns showing sales price and accrued discount in Tables 2 and 3 and also the relationship between the matured and unmatured sections of Table 4. (See also footnote 4.) The subsequent distribution of this high level of unclassified redemptions may be large enough in any month to offset redemptions of Series E and F. The distribution in Table 4 which are greater than the total redemptions for that month. 6/ Reductions were made in issues and redemptions of Series E, H, F, G, J, and K in July 1954, to compensate for the erroneous inclusion of reissue transactions to June 1954, as reported in the usually Treasury statement. The amounts of these adjustments follow $18.1 million for issues of Series E and H and $17 million for issues of Series F, G, J, and K; and $35 million for unclassified retirements. 7/ Series F and G sales were discontinued April 30, 1952, and Series J and K sales were discontinued April 30, 1957. Sales figures after April 30, 1957, represent adjustments. 8/ Includes the December 1959 exchanges of series 1948 F and G bonds for 4-3/4% marketable notes of which $692 million were reported in December 1959, $51 million in January 1960, and $3 million in February 1960. 9/ Represents changes in the amounts of redemptions not yet classified as between matured and unmatured issues. 10/ Includes exchanges of Series 1941 F and G savings bonds for Treasury 3-1/4% bonds of 1978-83. Less than $500,000.
46
Treasury Bulletin
OWNERSHIP OF FEDERAL SECURITIES
Table 1.- Distribution of Federal Securities by Classes of Investors and Types of Issues
(In millions of dollars)
<table><tr><th rowspan="2">End of fiscal year or month</th><th rowspan="2">Total Federal securities outstanding 1/</th><th colspan="6">Interest-bearing securities issued by the U. S. Government</th><th colspan="3">Interest-bearing securities guaranteed by the U. S. Government 4/</th><th rowspan="2">Matured debt and debt bearing no interest</th></tr><tr><th>Total outstanding</th><th>Total</th><th>Public issues</th><th>Special issues</th><th>Held by Federal Reserve Banks - public issues</th><th>Total</th><th>Held by private investors 1/</th><th>Public market-able issues</th><th>Public non-market-able issues</th><th>Total outstanding</th><th>Held by U. S. Government investment accounts and Federal Reserve Banks 2/ 5/</th><th>Held by private investors 2/ 6/</th></tr><tr><td>1952</td><td>259,151</td><td>256,863</td><td>44,335</td><td>6,596</td><td>37,739</td><td>22,906</td><td>189,623</td><td>115,185</td><td>74,437</td><td>44</td><td>*</td><td>44</td><td>2,244</td></tr><tr><td>1953</td><td>266,123</td><td>263,946</td><td>47,560</td><td>7,021</td><td>40,538</td><td>24,746</td><td>191,640</td><td>113,129</td><td>72,511</td><td>51</td><td>*</td><td>51</td><td>2,126</td></tr><tr><td>1954</td><td>271,341</td><td>268,910</td><td>49,340</td><td>7,111</td><td>42,229</td><td>25,037</td><td>194,533</td><td>121,771</td><td>72,762</td><td>80</td><td>*</td><td>80</td><td>2,351</td></tr><tr><td>1955</td><td>271,418</td><td>271,741</td><td>50,536</td><td>7,286</td><td>43,250</td><td>23,607</td><td>197,598</td><td>127,875</td><td>69,723</td><td>43</td><td>3</td><td>41</td><td>2,634</td></tr><tr><td>1956</td><td>272,825</td><td>269,883</td><td>53,470</td><td>8,356</td><td>45,114</td><td>23,758</td><td>192,655</td><td>126,304</td><td>66,351</td><td>73</td><td>25</td><td>48</td><td>2,869</td></tr><tr><td>1957</td><td>270,634</td><td>268,486</td><td>55,501</td><td>8,674</td><td>46,827</td><td>23,035</td><td>189,949</td><td>127,179</td><td>62,770</td><td>106</td><td>50</td><td>56</td><td>2,042</td></tr><tr><td>1958</td><td>276,444</td><td>274,698</td><td>55,842</td><td>9,596</td><td>46,246</td><td>25,438</td><td>193,418</td><td>134,539</td><td>58,825</td><td>101</td><td>54</td><td>46</td><td>1,646</td></tr><tr><td>1959</td><td>284,817</td><td>281,833</td><td>54,554</td><td>9,799</td><td>44,756</td><td>26,044</td><td>201,235</td><td>144,983</td><td>56,252</td><td>110</td><td>63</td><td>47</td><td>2,873</td></tr><tr><td>1958-Dec</td><td>283,031</td><td>280,839</td><td>54,338</td><td>9,498</td><td>44,840</td><td>26,347</td><td>200,154</td><td>142,620</td><td>57,534</td><td>108</td><td>59</td><td>49</td><td>2,084</td></tr><tr><td>1959-July</td><td>288,792</td><td>285,840</td><td>54,037</td><td>9,976</td><td>44,061</td><td>26,543</td><td>205,259</td><td>143,321</td><td>55,939</td><td>109</td><td>63</td><td>45</td><td>2,844</td></tr><tr><td>August</td><td>290,506</td><td>287,539</td><td>54,584</td><td>9,862</td><td>44,723</td><td>26,690</td><td>206,325</td><td>150,672</td><td>55,653</td><td>110</td><td>63</td><td>47</td><td>2,798</td></tr><tr><td>September</td><td>288,412</td><td>285,436</td><td>54,184</td><td>9,784</td><td>44,400</td><td>26,563</td><td>204,739</td><td>149,455</td><td>55,284</td><td>115</td><td>63</td><td>52</td><td>2,810</td></tr><tr><td>October</td><td>291,372</td><td>288,478</td><td>53,431</td><td>9,895</td><td>43,596</td><td>26,631</td><td>208,356</td><td>153,645</td><td>54,711</td><td>118</td><td>64</td><td>54</td><td>2,776</td></tr><tr><td>November</td><td>290,713</td><td>287,742</td><td>53,698</td><td>10,117</td><td>43,582</td><td>26,922</td><td>207,122</td><td>152,638</td><td>54,484</td><td>124</td><td>68</td><td>56</td><td>2,847</td></tr><tr><td>December</td><td>290,925</td><td>287,704</td><td>53,604</td><td>10,098</td><td>43,506</td><td>26,648</td><td>207,451</td><td>154,226</td><td>53,225</td><td>127</td><td>70</td><td>56</td><td>3,095</td></tr><tr><td>1960-January</td><td>291,215</td><td>288,086</td><td>53,125</td><td>10,496</td><td>42,630</td><td>25,464</td><td>209,437</td><td>156,701</td><td>52,795</td><td>130</td><td>71</td><td>59</td><td>3,052</td></tr><tr><td>February</td><td>290,719</td><td>287,588</td><td>53,157</td><td>10,322</td><td>42,835</td><td>25,209</td><td>209,223</td><td>156,599</td><td>52,624</td><td>135</td><td>71</td><td>63</td><td>2,996</td></tr></table>
Source: Daily Treasury statement for total amounts outstanding; reports from agencies and trust funds for securities held by U. S. Government Investment accounts; and reports from Federal Reserve System for securities held by Federal Reserve Banks.
1/ Includes certain obligations not subject to statutory limitation.
For amounts subject to limitation, see page 1.
2/ Includes accounts under the control of certain U. S. Government agencies whose investments are handled outside the Treasury.
The total amount of interest-bearing securities held by private investors is calculated by deducting from the total amount outstanding the amount held by U. S. Government investment accounts and Federal Reserve Banks. Excludes guaranteed securities held by the Treasury. All public marketable issues. All public marketable issues except for 1952, which includes $1 million of Commodity Credit Corporation demand obligations. Less than $500,000.
Table 2.- Net Market Purchases or Sales of Federal Securities for Investment Accounts Handled by the Treasury 1/
(In millions of dollars; negative figures are net sales)
<table><tr><th>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></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>-2</td><td>.4</td><td>*</td><td>-</td><td>*</td><td>-2</td><td>-</td><td>60.0</td></tr><tr><td>1942</td><td>-5</td><td>30.0</td><td>5.8</td><td>.3</td><td>*</td><td>.3</td><td>-2.3</td><td>-8.4</td><td>-4.5</td><td>1.0</td><td>-</td><td>-</td></tr><tr><td>1943</td><td>-14.5</td><td>-90.3</td><td>-72.9</td><td>4</td><td>-35.2</td><td>-145.8</td><td>-67.8</td><td>-15.8</td><td>-2.7</td><td>-</td><td>-5.0</td><td>4.8</td></tr><tr><td>1944</td><td>-9.9</td><td>-105.1</td><td>-11.5</td><td>-16.5</td><td>-10.0</td><td>20.5</td><td>-18.5</td><td>-19.0</td><td>-28.1</td><td>*</td><td>-5.9</td><td>-12.0</td></tr><tr><td>1945</td><td>-67.5</td><td>-48.1</td><td>-5.9</td><td>-55.6</td><td>-34.4</td><td>-56.4</td><td>-17.0</td><td>-2</td><td>-12.5</td><td>.3</td><td>-</td><td>-</td></tr><tr><td>1946</td><td>-8.1</td><td>-7</td><td>-</td><td>3.3</td><td>4</td><td>-69.8</td><td>-157.8</td><td>-41.2</td><td>-74.1</td><td>-123.0</td><td>-57.6</td><td>-20.3</td></tr><tr><td>1947</td><td>1</td><td>-</td><td>4.7</td><td>-61.3</td><td>-338.6</td><td>-359.2</td><td>-609.1</td><td>-308.1</td><td>-123.1</td><td>-14.1</td><td>221.0</td><td>696.4</td></tr><tr><td>1948</td><td>-1.2</td><td>177.4</td><td>106.8</td><td>-12.1</td><td>-30.4</td><td>1.1</td><td>5.4</td><td>4.4</td><td>7.2</td><td>1</td><td>-1.8</td><td>-2</td></tr><tr><td>1949</td><td>8.8</td><td>-1.8</td><td>5.1</td><td>1.5</td><td>-54.7</td><td>-88.4</td><td>-1</td><td>3.8</td><td>4.6</td><td>-1.7</td><td>11.5</td><td>-1</td></tr><tr><td>1950</td><td>-6.6</td><td>13.5</td><td>6.3</td><td>1.1</td><td>-1.9</td><td>5.1</td><td>8.2</td><td>-2.0</td><td>5.0</td><td>5.8</td><td>10.7</td><td>7.0</td></tr><tr><td>1951</td><td>36.8</td><td>261.2</td><td>482.7</td><td>8.4</td><td>11.4</td><td>3.5</td><td>2</td><td>4.7</td><td>2.8</td><td>8.4</td><td>-3.6</td><td>29.0</td></tr><tr><td>1952</td><td>22.1</td><td>6.7</td><td>5</td><td>19.9</td><td>2.9</td><td>1.5</td><td>1.4</td><td>1.9</td><td>3.5</td><td>16.5</td><td>11.7</td><td>8.2</td></tr><tr><td>1953</td><td>24.6</td><td>8.8</td><td>12.9</td><td>36.2</td><td>35.9</td><td>20.1</td><td>7.9</td><td>4</td><td>38.4</td><td>17.0</td><td>-1.1</td><td>6</td></tr><tr><td>1954</td><td>7.0</td><td>-4.0</td><td>-22.4</td><td>-2.9</td><td>2.8</td><td>-45.5</td><td>-21.7</td><td>-17.2</td><td>-10.0</td><td>21.1</td><td>14.2</td><td>41.0</td></tr><tr><td>1955</td><td>23.0</td><td>77.2</td><td>18.9</td><td>29.9</td><td>56.2</td><td>22.5</td><td>74.8</td><td>20.3</td><td>11.8</td><td>-30.7</td><td>7.9</td><td>234.8</td></tr><tr><td>1956</td><td>-1.3</td><td>-9.8</td><td>10.7</td><td>46.7</td><td>5.7</td><td>398.8</td><td>49.2</td><td>9.4</td><td>8.4</td><td>56.2</td><td>83.9</td><td>21.2</td></tr><tr><td>1957</td><td>14.3</td><td>72.6</td><td>13.4</td><td>35.4</td><td>313.4</td><td>15.8</td><td>182.4</td><td>26.4</td><td>10.3</td><td>26.6</td><td>-67.3</td><td>33.2</td></tr><tr><td>1958</td><td>-123.4</td><td>-155.9</td><td>10.6</td><td>-2.1</td><td>-86.3</td><td>177.2</td><td>445.5</td><td>19.1</td><td>10.6</td><td>17.3</td><td>55.1</td><td>43.7</td></tr><tr><td>1959</td><td>14.1</td><td>23.0</td><td>62.2</td><td>44.0</td><td>53.1</td><td>9.9</td><td>32.2</td><td>18.3</td><td>28.3</td><td>41.1</td><td>71.6</td><td>113.1</td></tr><tr><td>1960</td><td>17.5</td><td>16.5</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></table>
1/ Consists of purchases or sales made by the Treasury of securities issued or guaranteed by the U. S. Government for (1) trust funds which by law are under the control of the Secretary of the Treasury or of the Treasurer of the United States, and (2) accounts under the control of certain U. S. Government agencies whose investments are handled through the facilities of the Treasury Department. It will be noted that these
transactions differ from those reflected in Table 1 because they exclude those Government investment accounts for which investments are not handled by the Treasury. Table 2 also includes purchases under Section 19 of the Second Liberty Bond Act, as amended (31 U.S.C. 754a), and excludes the Exchange Stabilization Fund. Less than $50,000.
April 1960
47
OWNERSHIP OF FEDERAL SECURITIES
Table 3.- Estimated Ownership of Federal Securities
(Par values 1/ in billions of dollars)
<table><tr><th>End of month</th><th>Total Federal securities outstanding</th><th colspan="3">Held by banks</th><th>U. S. Government investment accounts</th><th>Total</th><th colspan="3">Individuals 5/</th><th colspan="3">Held by private nonbank investors</th><th>Miscellaneous</th></tr><tr><th></th><th></th><th>Total</th><th>Commercial banks 2/</th><th>Federal Reserve Banks</th><th></th><th></th><th>Total</th><th>Savings bonds</th><th>Other</th><th>Insurance companies</th><th>Mutual savings banks</th><th>Corporations 6/</th><th>State and local governments 7/</th><th>Investors 8/</th></tr><tr><td>1939-December</td><td>47.6</td><td>18.4</td><td>15.9</td><td>2.5</td><td>6.5</td><td>22.7</td><td>10.1</td><td>1.9</td><td>8.2</td><td>6.3</td><td>3.1</td><td>2.2</td><td>.4</td><td>.7</td></tr><tr><td>1940-June</td><td>48.5</td><td>18.6</td><td>16.1</td><td>2.5</td><td>7.1</td><td>22.8</td><td>10.1</td><td>2.6</td><td>7.5</td><td>6.5</td><td>3.1</td><td>2.1</td><td>.4</td><td>.7</td></tr><tr><td>December</td><td>50.9</td><td>19.5</td><td>17.3</td><td>2.2</td><td>7.6</td><td>23.9</td><td>10.6</td><td>2.8</td><td>7.8</td><td>6.9</td><td>3.2</td><td>2.0</td><td>.5</td><td>.7</td></tr><tr><td>1941-June</td><td>55.3</td><td>21.8</td><td>19.7</td><td>2.2</td><td>8.5</td><td>25.0</td><td>11.2</td><td>3.6</td><td>7.6</td><td>7.1</td><td>3.4</td><td>2.0</td><td>.6</td><td>.7</td></tr><tr><td>December</td><td>64.3</td><td>23.7</td><td>21.4</td><td>2.3</td><td>9.5</td><td>31.0</td><td>13.6</td><td>5.4</td><td>8.2</td><td>8.2</td><td>3.7</td><td>4.0</td><td>.7</td><td>.9</td></tr><tr><td>1942-June</td><td>77.0</td><td>28.7</td><td>26.0</td><td>2.6</td><td>10.6</td><td>37.7</td><td>17.8</td><td>9.1</td><td>8.7</td><td>9.2</td><td>3.9</td><td>4.9</td><td>.9</td><td>1.1</td></tr><tr><td>December</td><td>112.5</td><td>47.3</td><td>41.1</td><td>6.2</td><td>12.2</td><td>53.0</td><td>23.7</td><td>13.4</td><td>10.3</td><td>11.3</td><td>4.5</td><td>10.1</td><td>1.0</td><td>2.3</td></tr><tr><td>1943-June</td><td>140.8</td><td>59.4</td><td>52.2</td><td>7.2</td><td>14.3</td><td>67.0</td><td>30.9</td><td>19.2</td><td>11.7</td><td>13.1</td><td>5.3</td><td>12.9</td><td>1.5</td><td>3.4</td></tr><tr><td>December</td><td>170.1</td><td>71.5</td><td>59.9</td><td>11.5</td><td>16.9</td><td>81.7</td><td>37.6</td><td>24.7</td><td>12.9</td><td>15.1</td><td>6.1</td><td>16.4</td><td>2.1</td><td>4.4</td></tr><tr><td>1944-June</td><td>202.6</td><td>83.3</td><td>68.4</td><td>14.9</td><td>19.1</td><td>100.2</td><td>46.1</td><td>31.2</td><td>14.9</td><td>17.3</td><td>7.3</td><td>20.2</td><td>3.2</td><td>6.1</td></tr><tr><td>December</td><td>232.1</td><td>96.5</td><td>77.7</td><td>18.8</td><td>21.7</td><td>114.0</td><td>53.3</td><td>36.2</td><td>17.1</td><td>19.6</td><td>8.3</td><td>21.4</td><td>4.3</td><td>7.0</td></tr><tr><td>1945-June</td><td>259.1</td><td>106.0</td><td>84.2</td><td>21.8</td><td>24.9</td><td>128.2</td><td>59.1</td><td>40.7</td><td>18.5</td><td>22.7</td><td>9.6</td><td>23.3</td><td>5.3</td><td>8.3</td></tr><tr><td>December</td><td>278.7</td><td>115.0</td><td>90.8</td><td>24.3</td><td>27.0</td><td>136.6</td><td>64.1</td><td>42.9</td><td>21.2</td><td>24.0</td><td>10.7</td><td>22.2</td><td>6.5</td><td>9.1</td></tr><tr><td>1946-February 9/</td><td>279.8</td><td>116.7</td><td>93.8</td><td>22.9</td><td>28.0</td><td>135.1</td><td>64.1</td><td>43.3</td><td>20.8</td><td>24.4</td><td>11.1</td><td>19.9</td><td>6.7</td><td>8.9</td></tr><tr><td>June</td><td>269.9</td><td>108.2</td><td>84.4</td><td>23.8</td><td>29.1</td><td>132.6</td><td>63.3</td><td>43.5</td><td>19.9</td><td>24.9</td><td>11.5</td><td>17.8</td><td>6.5</td><td>8.6</td></tr><tr><td>December</td><td>259.5</td><td>97.9</td><td>74.5</td><td>23.3</td><td>30.9</td><td>130.7</td><td>64.2</td><td>44.2</td><td>20.1</td><td>24.9</td><td>11.8</td><td>15.3</td><td>6.3</td><td>8.1</td></tr><tr><td>1947-June</td><td>258.4</td><td>91.9</td><td>70.0</td><td>21.9</td><td>32.8</td><td>133.7</td><td>66.6</td><td>45.5</td><td>21.1</td><td>24.6</td><td>12.1</td><td>13.7</td><td>7.1</td><td>9.6</td></tr><tr><td>December</td><td>257.0</td><td>91.3</td><td>68.7</td><td>22.6</td><td>34.4</td><td>131.3</td><td>65.7</td><td>46.2</td><td>19.4</td><td>23.9</td><td>12.0</td><td>14.1</td><td>7.3</td><td>8.4</td></tr><tr><td>1948-June</td><td>252.4</td><td>85.9</td><td>64.6</td><td>21.4</td><td>35.8</td><td>130.7</td><td>65.8</td><td>47.1</td><td>18.6</td><td>22.8</td><td>12.0</td><td>13.6</td><td>7.8</td><td>8.7</td></tr><tr><td>December</td><td>252.9</td><td>85.8</td><td>62.5</td><td>23.3</td><td>37.3</td><td>129.7</td><td>65.5</td><td>47.8</td><td>17.6</td><td>21.2</td><td>11.5</td><td>14.8</td><td>7.9</td><td>8.9</td></tr><tr><td>1949-June</td><td>252.8</td><td>82.4</td><td>63.0</td><td>19.3</td><td>38.3</td><td>132.2</td><td>66.6</td><td>48.8</td><td>17.8</td><td>20.5</td><td>11.6</td><td>15.8</td><td>8.0</td><td>9.6</td></tr><tr><td>December</td><td>257.2</td><td>85.7</td><td>66.8</td><td>18.9</td><td>39.4</td><td>132.1</td><td>66.3</td><td>49.3</td><td>17.0</td><td>20.1</td><td>11.4</td><td>16.8</td><td>8.1</td><td>9.4</td></tr><tr><td>1950-June</td><td>257.4</td><td>83.9</td><td>65.6</td><td>18.3</td><td>37.8</td><td>135.6</td><td>67.4</td><td>49.9</td><td>17.6</td><td>19.8</td><td>11.6</td><td>18.4</td><td>8.7</td><td>9.7</td></tr><tr><td>December</td><td>256.7</td><td>82.6</td><td>61.8</td><td>20.8</td><td>39.2</td><td>134.9</td><td>66.3</td><td>49.6</td><td>16.7</td><td>18.7</td><td>10.9</td><td>19.7</td><td>8.8</td><td>10.5</td></tr><tr><td>1951-June</td><td>255.3</td><td>81.4</td><td>58.4</td><td>23.0</td><td>41.0</td><td>132.9</td><td>65.4</td><td>49.1</td><td>16.3</td><td>17.1</td><td>10.2</td><td>20.1</td><td>9.4</td><td>10.7</td></tr><tr><td>December</td><td>259.5</td><td>85.4</td><td>61.6</td><td>23.8</td><td>42.3</td><td>131.8</td><td>64.6</td><td>49.1</td><td>15.5</td><td>16.5</td><td>9.8</td><td>20.7</td><td>9.6</td><td>10.6</td></tr><tr><td>1952-June</td><td>259.2</td><td>84.0</td><td>61.1</td><td>22.9</td><td>44.3</td><td>130.8</td><td>64.8</td><td>49.0</td><td>15.7</td><td>15.7</td><td>9.6</td><td>18.8</td><td>10.4</td><td>11.6</td></tr><tr><td>December</td><td>267.4</td><td>88.1</td><td>63.4</td><td>24.7</td><td>45.9</td><td>133.4</td><td>65.2</td><td>49.2</td><td>16.0</td><td>16.0</td><td>9.5</td><td>19.9</td><td>11.1</td><td>11.7</td></tr><tr><td>1953-June</td><td>266.1</td><td>83.6</td><td>58.8</td><td>24.7</td><td>47.6</td><td>135.0</td><td>66.1</td><td>49.3</td><td>16.8</td><td>16.0</td><td>9.5</td><td>18.6</td><td>12.0</td><td>12.8</td></tr><tr><td>December</td><td>275.2</td><td>89.6</td><td>63.7</td><td>25.9</td><td>48.3</td><td>137.3</td><td>64.8</td><td>49.4</td><td>15.4</td><td>15.9</td><td>9.2</td><td>21.5</td><td>12.7</td><td>13.2</td></tr><tr><td>1954-June</td><td>271.3</td><td>88.7</td><td>63.6</td><td>25.0</td><td>49.3</td><td>133.3</td><td>64.7</td><td>49.5</td><td>15.1</td><td>15.4</td><td>9.1</td><td>16.6</td><td>13.9</td><td>13.7</td></tr><tr><td>December</td><td>278.8</td><td>94.1</td><td>69.2</td><td>24.9</td><td>49.6</td><td>135.1</td><td>65.4</td><td>50.0</td><td>13.5</td><td>15.3</td><td>8.8</td><td>19.2</td><td>14.4</td><td>13.9</td></tr><tr><td>1955-June</td><td>274.4</td><td>87.1</td><td>63.5</td><td>23.6</td><td>50.5</td><td>136.7</td><td>65.0</td><td>50.2</td><td>14.8</td><td>15.0</td><td>8.7</td><td>18.8</td><td>14.7</td><td>14.4</td></tr><tr><td>December</td><td>280.8</td><td>86.8</td><td>62.0</td><td>24.8</td><td>51.7</td><td>142.3</td><td>65.0</td><td>50.2</td><td>14.8</td><td>14.6</td><td>8.5</td><td>23.5</td><td>15.1</td><td>15.6</td></tr><tr><td>1956-June</td><td>272.8</td><td>81.0</td><td>57.3</td><td>23.8</td><td>53.5</td><td>138.3</td><td>66.6</td><td>50.3</td><td>16.3</td><td>13.6</td><td>8.4</td><td>17.7</td><td>15.7</td><td>16.3</td></tr><tr><td>December</td><td>276.7</td><td>84.4</td><td>59.5</td><td>24.9</td><td>54.0</td><td>138.2</td><td>65.7</td><td>50.1</td><td>15.6</td><td>13.2</td><td>8.0</td><td>19.1</td><td>16.1</td><td>16.1</td></tr><tr><td>1957-June</td><td>270.6</td><td>79.2</td><td>56.2</td><td>23.0</td><td>55.6</td><td>135.9</td><td>66.3</td><td>49.1</td><td>17.2</td><td>12.7</td><td>7.9</td><td>16.1</td><td>16.9</td><td>16.0</td></tr><tr><td>December</td><td>275.0</td><td>83.7</td><td>59.5</td><td>24.2</td><td>55.2</td><td>136.1</td><td>65.1</td><td>48.2</td><td>16.9</td><td>12.5</td><td>7.6</td><td>17.2</td><td>17.0</td><td>16.5</td></tr><tr><td>1958-March</td><td>272.7</td><td>83.5</td><td>59.9</td><td>23.6</td><td>55.4</td><td>133.8</td><td>65.2</td><td>48.1</td><td>17.1</td><td>12.4</td><td>7.6</td><td>16.0</td><td>17.3</td><td>15.4</td></tr><tr><td>June</td><td>276.4</td><td>90.7</td><td>65.3</td><td>25.4</td><td>55.9</td><td>129.9</td><td>64.2</td><td>48.0</td><td>16.1</td><td>12.2</td><td>7.4</td><td>13.9</td><td>16.9</td><td>15.2</td></tr><tr><td>July</td><td>275.6</td><td>89.8</td><td>65.3</td><td>24.5</td><td>55.6</td><td>130.2</td><td>63.9</td><td>47.9</td><td>16.0</td><td>12.4</td><td>7.4</td><td>14.5</td><td>16.9</td><td>15.0</td></tr><tr><td>August</td><td>278.6</td><td>92.1</td><td>66.8</td><td>25.3</td><td>56.0</td><td>130.5</td><td>63.5</td><td>47.9</td><td>15.6</td><td>12.5</td><td>7.5</td><td>15.3</td><td>16.8</td><td>14.9</td></tr><tr><td>September</td><td>276.8</td><td>90.8</td><td>65.8</td><td>25.0</td><td>55.6</td><td>130.4</td><td>63.4</td><td>47.9</td><td>15.6</td><td>12.5</td><td>7.4</td><td>15.0</td><td>16.7</td><td>15.3</td></tr><tr><td>October</td><td>280.3</td><td>92.4</td><td>67.0</td><td>25.4</td><td>55.1</td><td>132.8</td><td>63.5</td><td>47.8</td><td>15.7</td><td>12.7</td><td>7.4</td><td>16.8</td><td>16.8</td><td>15.8</td></tr><tr><td>November</td><td>283.2</td><td>94.2</td><td>68.0</td><td>26.2</td><td>54.8</td><td>134.2</td><td>63.4</td><td>47.8</td><td>15.6</td><td>12.7</td><td>7.3</td><td>18.0</td><td>16.7</td><td>16.0</td></tr><tr><td>December</td><td>283.0</td><td>93.9</td><td>67.5</td><td>26.3</td><td>54.4</td><td>134.8</td><td>63.5</td><td>47.7</td><td>15.8</td><td>12.7</td><td>7.3</td><td>18.2</td><td>16.7</td><td>16.5</td></tr><tr><td>1959-January</td><td>285.9</td><td>94.0</td><td>68.2</td><td>25.7</td><td>53.5</td><td>138.4</td><td>64.6</td><td>47.7</td><td>16.9</td><td>13.0</td><td>7.3</td><td>19.8</td><td>17.0</td><td>16.7</td></tr><tr><td>February</td><td>285.2</td><td>91.7</td><td>66.3</td><td>25.3</td><td>53.6</td><td>139.9</td><td>65.3</td><td>47.6</td><td>17.7</td><td>12.8</td><td>7.4</td><td>20.2</td><td>16.9</td><td>17.3</td></tr><tr><td>March</td><td>282.2</td><td>88.7</td><td>63.2</td><td>25.5</td><td>53.7</td><td>139.7</td><td>66.2</td><td>47.5</td><td>18.7</td><td>12.6</td><td>7.4</td><td>19.5</td><td>16.8</td><td>17.2</td></tr><tr><td>April</td><td>285.5</td><td>90.4</td><td>64.7</td><td>25.7</td><td>53.1</td><td>142.0</td><td>66.5</td><td>47.3</td><td>19.2</td><td>12.6</td><td>7.4</td><td>20.9</td><td>16.9</td><td>17.8</td></tr><tr><td>May</td><td>286.4</td><td>89.2</td><td>63.2</td><td>25.9</td><td>54.2</td><td>143.1</td><td>66.7</td><td>47.2</td><td>19.5</td><td>12.6</td><td>7.4</td><td>21.4</td><td>16.8</td><td>18.2</td></tr><tr><td>June</td><td>284.8</td><td>87.4</td><td>61.3</td><td>26.0</td><td>54.6</td><td>142.8</td><td>66.8</td><td>47.0</td><td>19.7</td><td>12.5</td><td>7.3</td><td>20.0</td><td>16.7</td><td>19.4</td></tr><tr><td>July</td><td>288.8</td><td>88.4</td><td>61.8</td><td>26.5</td><td>54.1</td><td>146.3</td><td>67.2</td><td>46.9</td><td>20.4</td><td>12.6</td><td>7.3</td><td>21.8</td><td>17.0</td><td>20.4</td></tr><tr><td>August</td><td>290.5</td><td>87.5</td><td>60.8</td><td>26.7</td><td>54.6</td><td>148.4</td><td>67.7</td><td>46.7</td><td>21.0</td><td>12.7</td><td>7.3</td><td>22.8</td><td>17.2</td><td>20.6</td></tr><tr><td>September</td><td>288.4</td><td>86.5</td><td>60.0</td><td>26.6</td><td>54.2</td><td>147.6</td><td>68.3</td><td>46.5</td><td>21.8</td><td>12.6</td><td>7.3</td><td>21.3</td><td>17.3</td><td>21.0</td></tr><tr><td>October</td><td>291.4</td><td>87.1</td><td>60.4</td><td>26.6</td><td>53.6</td><td>150.7</td><td>69.1</td><td>46.3</td><td>22.8</td><td>12.6</td><td>7.0</td><td>22.9</td><td>17.4</td><td>21.7</td></tr><tr><td>November</td><td>290.7</td><td>85.9</td><td>59.0</td><td>26.9</td><td>53.8</td><td>151.0</td><td>69.1</td><td>46.2</td><td>22.9</td><td>12.5</td><td>6.9</td><td>23.2</td><td>17.4</td><td>21.9</td></tr><tr><td>December</td><td>290.9</td><td>86.4</td><td>59.8</td><td>26.6</td><td>53.7</td><td>150.8</td><td>69.2</td><td>45.9</td><td>23.3</td><td>12.3</td><td>6.9</td><td>23.1</td><td>17.5</td><td>21.8</td></tr><tr><td>1960-January</td><td>291.2</td><td>84.0</td><td>58.6</td><td>25.5</
Source: Debt Analysis Staff in the Office of the Secretary.
1/ United States savings bonds, Series A–F and J, are included at current redemption value.
2/ Statutory issues or guaranteed by the U.S. Government, excluding guaranteed securities held by the Treasury. For amounts subject to statutory debt limitation, see page i.
3/ Consists of commercial banks, trust companies, and stock savings banks in the United States and in Territories and island possessions. Figures exclude securities held in trust departments.
4/ Individual and legal banks are included under "Miscellaneous Investors" instead of "U.S. Government investments accounts" after June 26, 1947, when the proprietary interest of the United States in these banks ended.
5/ Includes partnerships and personal trust accounts. Nonprofit
institutions and corporate pension trust funds are included under "Mecellaneous investors."
Exclusive of banks and insurance companies.
Consists of trust, sinking, and investment funds of State and local governments and their agencies, and Territorial and island possessions.
Includes savings and loan associations, nonprofit institutions, corporate pension trust funds, dealers and brokers, and investments of foreign balances and international accounts in this country.  Beginning December 1946, includes investments by the International Bank for Reconstruction and Development and the International Monetary Fund in special noninterest-bearing notes issued by the U. S. Government.
Immediate postwar debt peak.
48
Treasury Bulletin
TREASURY SURVEY OF OWNERSHIP, JANUARY 31, 1960
The Treasury Survey of Ownership covers securities issued by the United States Government and by Federal agencies. The banks and insurance companies included in the Survey account for approximately 95 percent of such securities held by all banks and insurance companies in the United States. Data were first published for March 31, 1941, in the May 1941 "Treasury Bulletin".
Distribution of ownership by types of banks and insurance companies is published each month. Holdings by commercial banks distributed according to Federal Reserve member bank classes and nonmember banks are published for June 30 and December 31. Holdings by corporate pension trust funds are published quarterly and first appeared in the March 1954 Bulletin for quarters beginning December 31, 1949.
Section I - Securities Issued or Guaranteed by the United States Government
Table 1.- Summary of All Securities
(Par values - in millions of dollars)
<table><tr><th>Classification</th><th>Total amount outstanding 1/</th><th colspan="5">Held by investors covered in Treasury Survey</th><th>Held by all other investors 6/</th></tr><tr><th></th><th></th><th>6,383 commercial banks 2/ 3/</th><th>515 mutual savings banks 2/</th><th colspan="2">Insurance companies</th><th>U. S. Government investment accounts and Federal Reserve Banks</th><th></th></tr><tr><th></th><th></th><th></th><th></th><th>306 life</th><th>535 fire, casualty, and marine</th><th></th><th></th></tr><tr><td>Interest-bearing securities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Public marketable</td><td>189,986</td><td>50,822</td><td>6,237</td><td>4,925</td><td>4,498</td><td>33,226</td><td>90,277</td></tr><tr><td>Public nonmarketable 2/</td><td>55,630</td><td>661 6/</td><td>660</td><td>1,759</td><td>232</td><td>2,803</td><td>49,485</td></tr><tr><td>Special issues</td><td>42,630</td><td>-</td><td>-</td><td>-</td><td>-</td><td>42,630</td><td>-</td></tr><tr><td>Total interest-bearing securities</td><td>288,215</td><td>51,483</td><td>6,897</td><td>6,684</td><td>4,729</td><td>78,659</td><td>139,763</td></tr><tr><td>Matured debt and debt bearing no interest 7/</td><td>3,000</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total securities issued or guaranteed by the U. S. Government 8/</td><td>291,215</td><td></td><td></td><td></td><td></td><td></td><td></td></tr></table>
Footnotes at end of Table 4.
Table 2.- Summary of Interest-Bearing Public Marketable Securities
(Par values - in millions of dollars)
<table><tr><th>Classification</th><th>Total amount outstanding</th><th colspan="5">Held by investors covered in Treasury Survey</th></tr><tr><th></th><th></th><th>6,383 commercial banks 2/ 2/</th><th>515 mutual savings banks 2/</th><th>Insurance companies 306 life</th><th>535 fire, casualty, and marine</th><th>U. S. Government investment accounts and Federal Reserve Banks</th><th>Held by all other investors</th></tr><tr><td>By type of security:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Issued by U. S. Government:</td><td>41,156</td><td>4,793</td><td>287</td><td>392</td><td>234</td><td>1,989</td><td>33,461</td></tr><tr><td>Treasury bills.....................</td><td>19,669</td><td>2,112</td><td>229</td><td>61</td><td>185</td><td>10,873</td><td>6,210</td></tr><tr><td>Certificates of indebtedness........</td><td>44,235</td><td>12,704</td><td>883</td><td>212</td><td>859</td><td>12,730</td><td>16,827</td></tr><tr><td>Treasury bonds.....................</td><td>84,766</td><td>31,189</td><td>4,818</td><td>4,247</td><td>3,217</td><td>7,564</td><td>33,711</td></tr><tr><td>Panama Canal bonds..................</td><td>50</td><td>14</td><td>-</td><td>-</td><td>2</td><td>-</td><td>32</td></tr><tr><td>Guaranteed by U. S. Government 3/.....</td><td>130</td><td>10</td><td>20</td><td>13</td><td>1</td><td>71</td><td>15</td></tr><tr><td>Total.......................</td><td>189,986</td><td>50,822</td><td>6,237</td><td>4,925</td><td>4,498</td><td>33,226</td><td>90,277</td></tr><tr><td>By maturity distribution:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Call classes (due or first becoming callable):</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Within 1 year 2/..................</td><td>90,173</td><td>15,844</td><td>833</td><td>631</td><td>1,138</td><td>20,044</td><td>51,683</td></tr><tr><td>1 to 5 years.....................</td><td>65,453</td><td>27,526</td><td>3,191</td><td>1,463</td><td>2,230</td><td>8,861</td><td>22,182</td></tr><tr><td>5 to 10 years.....................</td><td>25,492</td><td>6,936</td><td>1,541</td><td>1,927</td><td>900</td><td>3,470</td><td>10,698</td></tr><tr><td>10 to 15 years....................</td><td>654</td><td>51</td><td>118</td><td>22</td><td>29</td><td>100</td><td>333</td></tr><tr><td>15 to 20 years....................</td><td>1,602</td><td>54</td><td>68</td><td>82</td><td>39</td><td>144</td><td>1,211</td></tr><tr><td>20 years and over..................</td><td>6,482</td><td>401</td><td>466</td><td>765</td><td>161</td><td>535</td><td>4,154</td></tr><tr><td>Guaranteed securities 3/............</td><td>130</td><td>10</td><td>20</td><td>13</td><td>1</td><td>71</td><td>15</td></tr><tr><td>Total.......................</td><td>189,986</td><td>50,822</td><td>6,237</td><td>4,925</td><td>4,498</td><td>33,226</td><td>90,277</td></tr><tr><td>Maturity classes (final maturity 12/):</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Within 1 year 2/..................</td><td>81,455</td><td>12,100</td><td>654</td><td>534</td><td>739</td><td>18,784</td><td>48,643</td></tr><tr><td>1 to 5 years.....................</td><td>61,691</td><td>28,200</td><td>1,384</td><td>325</td><td>1,966</td><td>8,447</td><td>21,368</td></tr><tr><td>5 to 10 years.....................</td><td>22,138</td><td>7,882</td><td>2,231</td><td>1,339</td><td>1,065</td><td>2,563</td><td>7,058</td></tr><tr><td>10 to 15 years....................</td><td>16,489</td><td>2,175</td><td>1,413</td><td>1,865</td><td>527</td><td>2,681</td><td>7,828</td></tr><tr><td>15 to 20 years....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>20 years and over..................</td><td>8,084</td><td>456</td><td>534</td><td>849</td><td>200</td><td>679</td><td>5,365</td></tr><tr><td>Guaranteed securities 3/............</td><td>130</td><td>10</td><td>20</td><td>13</td><td>1</td><td>71</td><td>15</td></tr><tr><td>Total.......................</td><td>189,986</td><td>50,822</td><td>6,237</td><td>4,925</td><td>4,498</td><td>33,226</td><td>90,277</td></tr><tr><td>By tax status 12/:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Wholly exempt from Federal income taxes.....</td><td>50</td><td>14</td><td>-</td><td>-</td><td>2</td><td>-</td><td>34</td></tr><tr><td>Partially exempt from Federal income taxes....</td><td>1,485</td><td>1,317</td><td>1</td><td>4</td><td>27</td><td>8</td><td>141</td></tr><tr><td>Subject to Federal income taxes 12/........</td><td>188,451</td><td>49,419</td><td>6,237</td><td>4,925</td><td>4,469</td><td>33,226</td><td>90,103</td></tr><tr><td>Total.......................</td><td>189,986</td><td>50,822</td><td>6,237</td><td>4,925</td><td>4,498</td><td>33,226</td><td>90,277</td></tr></table>
Footnotes et end of Table 4.
April 1960
49
TREASURY SURVEY OF OWNERSHIP, JANUARY 31, 1960
Section I - Securities Issued or Guaranteed by the United States Government
Table 3.- Interest-Bearing Public Marketable Securities by Issues
(Par values - in millions of dollars)
<table><tr><th rowspan="2">Issue (Tax status 11/ is shown in parentheses)</th><th rowspan="2">Total amount outstanding</th><th colspan="5">Held by investors covered in Treasury Survey</th><th rowspan="2">Held by all other investors $/</th></tr><tr><th>6,383 commercial banks 2/ 1/</th><th>515 mutual savings banks 2/</th><th>Insurance companies 3/6 life</th><th>535 fire, casualty, and marine</th><th>U. S. Government investment accounts and Federal Reserve Banks</th></tr><tr><td>Treasury bills:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Regular weekly: February 1960 - April 1960....(taxable) May 1960 - July 1960....(taxable)</td><td>20,015 5,605</td><td>1,838 579</td><td>122 39</td><td>105 38</td><td>132 15</td><td>1,419 212</td><td>16,399 4,728</td></tr><tr><td>Tax anticipation: March 1960....(taxable) June 1960....(taxable)</td><td>4,004 4,018</td><td>277 768</td><td>14 28</td><td>76 61</td><td>21 17</td><td>47 22</td><td>3,568 3,122</td></tr><tr><td>Others: April 1960....(taxable) July 1960....(taxable) October 1960....(taxable) January 1961....(taxable)</td><td>2,003 2,001 2,007 1,504</td><td>194 136 667 339</td><td>21 15 27 22</td><td>18 5 79 10</td><td>16 18 7 8</td><td>132 14 22 121</td><td>1,623 1,812 1,205 1,004</td></tr><tr><td>Total Treasury bills........................................</td><td>41,156</td><td>4,799</td><td>287</td><td>392</td><td>234</td><td>1,989</td><td>33,461</td></tr><tr><td>Certificates of indebtedness:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>3-3/4/ February 1960-A....(taxable) 4/4/ May 1960-B....(taxable) 4-3/4/ November 1960-C....(taxable)</td><td>11,363 1,269 7,037</td><td>1,456 231 425</td><td>133 33 62</td><td>50 7 3</td><td>128 18 19</td><td>5,661 134 5,078</td><td>3,912 846 1,449</td></tr><tr><td>Total certificates of indebtedness.....................</td><td>19,669</td><td>2,112</td><td>229</td><td>61</td><td>185</td><td>10,873</td><td>6,210</td></tr><tr><td>Treasury notes:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>3-1/4/ May 1960-A....(taxable) 3-1/4/ May 1960-B....(taxable) 4-3/4/ August 1960-C....(taxable)</td><td>2,406 2,738 9,561</td><td>729 733 812</td><td>33 21 65</td><td>4 62 14</td><td>78 32 51</td><td>266 12 5,608</td><td>1,296 1,877 3,012</td></tr><tr><td>3-5/8/ May 1961-B....(taxable) 4/4/ August 1961-A....(taxable) 3-5/8/ February 1962-A....(taxable)</td><td>4,078 2,136 647</td><td>508 603 135</td><td>12 31 6</td><td>2 3 1</td><td>22 45 20</td><td>2,928 260 329</td><td>606 1,199 162</td></tr><tr><td>4/4/ February 1962-D....(taxable) 4/3-3/4/ August 1962-B....(taxable) 3-3/4/ November 1962-C....(taxable)</td><td>1,435 317 1,143</td><td>646 126 562</td><td>41 8 54</td><td>*</td><td>46 3 60</td><td>14 - 95</td><td>687 180 369</td></tr><tr><td>2-5/8/ February 1963-A....(taxable) 4/4/ May 1963-B....(taxable) 4-7/8/ November 1963-C....(taxable)</td><td>3,971 1,743 3,011</td><td>2,879 701 1,237</td><td>80 84 174</td><td>30 2 8</td><td>82 35 91</td><td>165 103 146</td><td>741 819 1,354</td></tr><tr><td>4-3/4/ May 1964-A....(taxable) 5/4/ August 1964-B....(taxable) 1-1/2/ April 1960-EA....(taxable)</td><td>4,930 2,316 198</td><td>622 349 39</td><td>94 91 11</td><td>16 24 *</td><td>59 60 12</td><td>2,707 103 -</td><td>1,431 1,689 136</td></tr><tr><td>1-1/2/ October 1960-EO....(taxable) 1-1/2/ April 1961-EA....(taxable) 1-1/2/ October 1961-EO....(taxable)</td><td>278 144 332</td><td>85 79 170</td><td>- - *</td><td>*</td><td>10 10 13</td><td>- - -</td><td>183 61 146</td></tr><tr><td>1-1/2/ April 1962-EA....(taxable) 1-1/2/ October 1962-EO....(taxable) 1-1/2/ April 1963-EA....(taxable)</td><td>551 590 533</td><td>316 387 314</td><td>5 12 21</td><td>1 8 12</td><td>39 12 25</td><td>- - -</td><td>190 172 162</td></tr><tr><td>1-1/2/ October 1963-EO....(taxable) 1-1/2/ April 1964-EA....(taxable) 1-1/2/ October 1964-EO....(taxable)</td><td>506 457 216</td><td>313 225 147</td><td>10 27 2</td><td>5 11 2</td><td>15 29 10</td><td>- - -</td><td>162 164 55</td></tr><tr><td>Total Treasury notes.....................................</td><td>44,235</td><td>12,704</td><td>883</td><td>212</td><td>859</td><td>12,730</td><td>16,847</td></tr><tr><td>Treasury bonds:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>2-1/4/ June 1959-62....(taxable) 2-1/4/ December 1959-62....(taxable) 2-1/8/ November 1960....(taxable)</td><td>5,265 3,454 3,806</td><td>2,365 1,380 1,479</td><td>122 57 7</td><td>39 57 1</td><td>256 144 110</td><td>520 740 37</td><td>1,964 1,076 2,172</td></tr><tr><td>2-3/4/ December 1960-65....(partially) 2-3/4/ September 1961....(taxable) 2-1/2/ November 1961....(taxable)</td><td>1,485 2,239 11,177</td><td>1,317 1,174 5,880</td><td>1 76 184</td><td>*</td><td>27 133 411</td><td>*</td><td>141 803 4,463</td></tr><tr><td>2-1/2/ June 1962-67....(taxable) 2-1/2/ August 1963....(taxable) 2-1/2/ December 1963-68....(taxable)</td><td>2,110 6,755 2,817</td><td>767 4,494 700</td><td>191 122 408</td><td>116 21 271</td><td>130 274 208</td><td>270 55 425</td><td>635 1,783 808</td></tr><tr><td>3/2/ February 1964....(taxable) 2-1/2/ June 1964-69....(taxable) 2-1/2/ December 1964-69....(taxable)</td><td>3,854 3,740 3,814</td><td>2,587 798 805</td><td>71 792 594</td><td>7 360 488</td><td>70 176 148</td><td>66 455 524</td><td>1,053 1,158 1,256</td></tr><tr><td>2-5/8/ February 1965....(taxable) 2-1/2/ March 1965-70....(taxable) 2-1/2/ March 1966-71....(taxable)</td><td>6,896 4,694 2,942</td><td>3,715 472 206</td><td>115 587 291</td><td>70 824 745</td><td>310 151 99</td><td>621 1,230 700</td><td>2,065 1,430 907</td></tr><tr><td>3/3/ August 1966....(taxable) 2-1/2/ June 1967-72....(taxable) 2-1/2/ September 1967-72....(taxable)</td><td>1,484 1,820 2,716</td><td>852 135 1,181</td><td>69 150 150</td><td>3 82 13</td><td>40 70 99</td><td>111 165 237</td><td>409 1,217 1,036</td></tr></table>
Footnotes at end of Table 4.
(Continued on following page)
50
Treasury Bulletin
TREASURY SURVEY OF OWNERSHIP, JANUARY 31, 1960
Section I - Securities Issued or Guaranteed by the United States Government
Table 3.- Interest-Bearing Public Marketable Securities by Issues - (Continued)
(Par values - in millions of dollars)
<table><tr><th>Issue (Tax status 11/ is shown in parentheses)</th><th>Total amount outstanding</th><th colspan="5">Held by investors covered in Treasury Survey</th><th>Held by all other investors 6/</th></tr><tr><th></th><th></th><th>6,383 commercial banks 2/ 2/</th><th>515 mutual savings banks 2/</th><th colspan="2">Insurance companies</th><th>U.S. Government investment accounts and Federal Reserve Banks</th><th></th></tr><tr><th></th><th></th><th></th><th></th><th>306 11/a</th><th>535 fire, casualty, and marine</th><th></th><th></th></tr><tr><td colspan="8">Treasury bonds - (Continued):</td></tr><tr><td>2-1/2 December 1967-72...... (taxable) 4/ October 1969...... (taxable) 3-7/8 November 1972...... (taxable)</td><td>3,664 1,276 654</td><td>131 244 51</td><td>117 62 118</td><td>179 31 22</td><td>84 52 29</td><td>249 157 100</td><td>2,905 730 333</td></tr><tr><td>3-1/4 June 1978-83...... (taxable) 4/ February 1980...... (taxable) 3-1/4 May 1985...... (taxable)</td><td>1,602 884 1,135</td><td>52 34 191</td><td>68 51 68</td><td>84 102 191</td><td>39 26 31</td><td>144 89 120</td><td>1,211 580 534</td></tr><tr><td>3-1/2 February 1990...... (taxable) 3/ February 1995...... (taxable)</td><td>1,727 2,736</td><td>116 61</td><td>150 198</td><td>238 232</td><td>55 49</td><td>149 178</td><td>1,020 2,020</td></tr><tr><td>Total Treasury bonds......</td><td>84,716</td><td>31,189</td><td>4,818</td><td>4,247</td><td>3,217</td><td>7,564</td><td>33,711</td></tr><tr><td>Panama Canal bonds...... (wholly)</td><td>50</td><td>14</td><td>-</td><td>-</td><td>2</td><td>-</td><td>34</td></tr><tr><td>Guaranteed securities 8/...... (taxable 12/)</td><td>130</td><td>9</td><td>20</td><td>13</td><td>1</td><td>71</td><td>15</td></tr><tr><td>Total public marketable securities......</td><td>189,986</td><td>50,822</td><td>6,297</td><td>4,925</td><td>4,498</td><td>33,226</td><td>90,277</td></tr></table>
Footnotes at end of Table 4.
Table 4.- Interest-Bearing Public Nonmarketable Securities by Issues
(Par values - in millions of dollars)
<table><tr><th rowspan="2">Issue (Tax status 1/ is shown in parentheses)</th><th rowspan="2">Total amount outstanding</th><th colspan="5">Held by investors covered in Treasury Survey</th><th rowspan="2">Held by all other investors 4/</th></tr><tr><th>6,383 commercial banks 2/ 3/</th><th>515 mutual savings banks 2/</th><th>Insurance companies 306 life</th><th>535 fire, casualty, and marine</th><th>U. S. Government investment accounts and Federal Reserve Banks</th></tr><tr><td>United States savings bonds:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Series E 5/ (taxable)</td><td>37,644</td><td>*</td><td>*</td><td>*</td><td>*</td><td>2</td><td>37,642</td></tr><tr><td>Series F 5/ (taxable)</td><td>563</td><td>85</td><td>*</td><td>2</td><td>15</td><td>*</td><td>461</td></tr><tr><td>Series G (taxable)</td><td>2,596</td><td>171</td><td>44</td><td>38</td><td>60</td><td>5</td><td>2,278</td></tr><tr><td>Series H (taxable)</td><td>4,895</td><td>*</td><td>*</td><td>*</td><td>*</td><td>1</td><td>4,894</td></tr><tr><td>Series J 2/ (taxable)</td><td>616</td><td>*</td><td>*</td><td>1</td><td>6</td><td>2</td><td>608</td></tr><tr><td>Series K (taxable)</td><td>1,362</td><td>2</td><td>16</td><td>5</td><td>16</td><td>5</td><td>1,519</td></tr><tr><td>Total United States savings bonds</td><td>47,877</td><td>258</td><td>60</td><td>46</td><td>97</td><td>14</td><td>47,401</td></tr><tr><td>Other U. S. securities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Depository bonds (taxable)</td><td>183</td><td>183 6/</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></tr><tr><td>Investment Series A (taxable)</td><td>509</td><td>116</td><td>26</td><td>134</td><td>18</td><td>100</td><td>116</td></tr><tr><td>Investment Series B (taxable)</td><td>7,030</td><td>103</td><td>574</td><td>1,579</td><td>117</td><td>2,689</td><td>1,968</td></tr><tr><td>Total other U. S. securities</td><td>7,723</td><td>402 6/</td><td>600</td><td>1,713</td><td>134</td><td>2,789</td><td>2,084</td></tr><tr><td>Total public nonmarketable securities</td><td>55,600</td><td>661 6/</td><td>660</td><td>1,759</td><td>232</td><td>2,803</td><td>49,485</td></tr></table>
1/ Includes certain obligations not subject to statutory debt limitation. For amount subject to limitation, see page 1.
2/ Excludes trust departments.
3/ Includes trust companies and, beginning with figures for July 1979, also includes stock savings banks. Previously, those banks were reported as a separate classification.
4/ Includes those banks and insurance companies not reporting in the Treasury Survey.
5/ United States savings bonds, Series E, F, and J, are shown at current redemption value. They were reported at maturity value by the banks and insurance companies included in the Treasury Survey but have been adjusted to current redemption value for use in this statement.
6/ Includes $76 million depositary bonds held by commercial banks not included in the Treasury Survey.
7/ Holdings by reporting investors not available.
8/ Excludes guaranteed securities held by the Treasury.
9/ Includes $157 million August 15, 1962, note on which holders have exercised their option to redeem on February 15, 1960. Holdings by banks and insurance companies were not obtained in the Treasury Survey.
10/ Except partially tax-exempt bonds, which are classified to earliest call date.
11/ Federal securities fall into three broad classes with respect to the imposition of Federal income taxes on income derived from them.
"Wholly" tax-exempt securities are those with the income exempt from both normal tax and surtax. "Partially" tax-exempt securities are those with the income exempt from the normal tax except that in the case of partially tax-exempt Treasury bonds, interest derived from $5,000 of principal amount owned by any one holder is also exempt from the surtax. "Taxable" securities are those with the income subject to normal tax and surtax.
Remaining footnotes on following page.
April 1960
51
TREASURY SURVEY OF OWNERSHIP, JANUARY 31, 1960
Section II - Interest-Bearing Securities Issued by Federal Agencies But Not Guaranteed by the United States Government
(Par values - in millions of dollars)
<table><tr><th>Issue (Tax status 11/ is shown in parentheses)</th><th>Total amount outstanding 14/</th><th>6,383 commercial banks 2/ 3/</th><th>515 mutual savings banks 2/</th><th>Insurance companies 306 life</th><th>535 fire, casualty, and marine</th><th>U. S. Government investment accounts and Federal Reserve Banco</th><th>Held by all other investors 4/</th></tr><tr><td colspan="8">Banks for cooperatives:</td></tr><tr><td>4-7/8 February 1960 (Debentures).....(taxable)</td><td>113</td><td>18</td><td>11</td><td>*</td><td>2</td><td>-</td><td>82</td></tr><tr><td>5-3/8 April 1960 (Debentures).....(taxable)</td><td>112</td><td>18</td><td>7</td><td>*</td><td>2</td><td>-</td><td>85</td></tr><tr><td>5-1/4 September 1960 (Debentures).....(taxable)</td><td>138</td><td>29</td><td>7</td><td>*</td><td>*</td><td>-</td><td>102</td></tr><tr><td>Total banks for cooperative securities</td><td>364</td><td>65</td><td>24</td><td>1</td><td>4</td><td>-</td><td>269</td></tr><tr><td colspan="8">Federal home loan banks: 15/</td></tr><tr><td>4-3/8 February 1960 (Notes).....(taxable)</td><td>176</td><td>28</td><td>6</td><td>2</td><td>5</td><td>23</td><td>112</td></tr><tr><td>4-7/8 February 1960 (Notes).....(taxable)</td><td>283</td><td>30</td><td>14</td><td>4</td><td>8</td><td>27</td><td>199</td></tr><tr><td>4-1/2 March 1960 (Notes).....(taxable)</td><td>124</td><td>11</td><td>5</td><td>*</td><td>4</td><td>-</td><td>104</td></tr><tr><td>4-65 April 1960 (Notes).....(taxable)</td><td>247</td><td>22</td><td>13</td><td>2</td><td>8</td><td>-</td><td>203</td></tr><tr><td>5-1/8 May 1960 (Notes).....(taxable)</td><td>240</td><td>20</td><td>12</td><td>2</td><td>1</td><td>-</td><td>206</td></tr><tr><td>5 June 1960 (Notes).....(taxable)</td><td>181</td><td>28</td><td>6</td><td>*</td><td>6</td><td>-</td><td>140</td></tr><tr><td>5-40 July 1960 (Notes).....(taxable)</td><td>134</td><td>13</td><td>5</td><td>*</td><td>5</td><td>-</td><td>111</td></tr><tr><td>3-1/8 April 1963 (Bonde).....(taxable)</td><td>256</td><td>82</td><td>9</td><td>1</td><td>4</td><td>-</td><td>161</td></tr><tr><td>Total Federal home loan bank securities</td><td>1,642</td><td>232</td><td>71</td><td>12</td><td>40</td><td>50</td><td>1,237</td></tr><tr><td colspan="8">Federal intermediate credit banks:</td></tr><tr><td>Debentures.....(taxable)</td><td>1,335</td><td>194</td><td>68</td><td>8</td><td>27</td><td>1</td><td>1,038</td></tr><tr><td colspan="8">Federal land banks: 16/</td></tr><tr><td>2-1/4 February 1960 (Bonde).....(taxable)</td><td>124</td><td>51</td><td>3</td><td>*</td><td>3</td><td>-</td><td>68</td></tr><tr><td>3-3/4 February 1960 (Bonde).....(taxable)</td><td>89</td><td>21</td><td>3</td><td>*</td><td>3</td><td>-</td><td>61</td></tr><tr><td>3-7/8 April 1960 (Bonda).....(taxable)</td><td>201</td><td>37</td><td>11</td><td>1</td><td>4</td><td>-</td><td>118</td></tr><tr><td>2-1/2 June 1960 (Bonda).....(taxable)</td><td>106</td><td>33</td><td>1</td><td>*</td><td>2</td><td>-</td><td>69</td></tr><tr><td>5-3/8 October 1960 (Bonde).....(taxable)</td><td>118</td><td>19</td><td>7</td><td>1</td><td>1</td><td>-</td><td>89</td></tr><tr><td>3-3/8 April 1961 (Bonde).....(taxable)</td><td>83</td><td>28</td><td>5</td><td>1</td><td>2</td><td>-</td><td>47</td></tr><tr><td>4 September 1961 (Bonda).....(taxable)</td><td>120</td><td>35</td><td>4</td><td>*</td><td>2</td><td>-</td><td>79</td></tr><tr><td>4 May 1962 (Bonde).....(taxable)</td><td>125</td><td>18</td><td>3</td><td>1</td><td>1</td><td>-</td><td>101</td></tr><tr><td>4-7/8 August 1962 (Bonde).....(taxable)</td><td>98</td><td>17</td><td>6</td><td>1</td><td>5</td><td>-</td><td>70</td></tr><tr><td>2-3/4 May 1963 (Bonda).....(taxable)</td><td>122</td><td>65</td><td>7</td><td>1</td><td>1</td><td>-</td><td>48</td></tr><tr><td>3-1/4 May 1966 (Bonda).....(taxable)</td><td>108</td><td>37</td><td>9</td><td>*</td><td>5</td><td>-</td><td>57</td></tr><tr><td>4-1/8 February 1967-72 (Bonda).....(taxable)</td><td>72</td><td>2</td><td>4</td><td>6</td><td>1</td><td>-</td><td>58</td></tr><tr><td>4-1/2 October 1967-70 (Bonda).....(taxable)</td><td>75</td><td>4</td><td>7</td><td>1</td><td>2</td><td>-</td><td>62</td></tr><tr><td>4-1/4 March 1968 (Bonde).....(taxable)</td><td>86</td><td>7</td><td>4</td><td>1</td><td>*</td><td>-</td><td>74</td></tr><tr><td>4-3/8 March 1969 (Bonde).....(taxable)</td><td>100</td><td>8</td><td>5</td><td>3</td><td>2</td><td>-</td><td>81</td></tr><tr><td>4-5/8 July 1969 (Bonda).....(taxable)</td><td>60</td><td>2</td><td>2</td><td>1</td><td>1</td><td>-</td><td>53</td></tr><tr><td>3-1/2 April 1970 (Bonde).....(taxable)</td><td>83</td><td>8</td><td>9</td><td>1</td><td>1</td><td>-</td><td>64</td></tr><tr><td>5-1/8 July 1970 (Bonde).....(taxable)</td><td>85</td><td>2</td><td>3</td><td>1</td><td>2</td><td>-</td><td>78</td></tr><tr><td>3-1/2 May 1971 (Bonda).....(taxable)</td><td>60</td><td>*</td><td>6</td><td>3</td><td>2</td><td>-</td><td>49</td></tr><tr><td>3-7/8 September 1972 (Bonda).....(taxable)</td><td>109</td><td>*</td><td>4</td><td>5</td><td>4</td><td>-</td><td>97</td></tr><tr><td>Total Federal land bank securities</td><td>2,025</td><td>398</td><td>104</td><td>27</td><td>43</td><td>-</td><td>1,453</td></tr><tr><td colspan="8">Federal National Mortgage Association:</td></tr><tr><td>4-1/2 March 1960 (Debentures).....(taxable)</td><td>150</td><td>15</td><td>6</td><td>1</td><td>6</td><td>-</td><td>122</td></tr><tr><td>5-30 April 1960 (Debentures).....(taxable)</td><td>100</td><td>12</td><td>4</td><td>2</td><td>1</td><td>-</td><td>81</td></tr><tr><td>5-1/8 May 1960 (Debentures).....(taxable)</td><td>200</td><td>20</td><td>9</td><td>4</td><td>2</td><td>4</td><td>162</td></tr><tr><td>4 June 1960 (Debentures).....(taxable)</td><td>100</td><td>16</td><td>3</td><td>*</td><td>4</td><td>-</td><td>77</td></tr><tr><td>3-5/8 August 1960 (Notes).....(taxable)</td><td>797</td><td>251</td><td>40</td><td>3</td><td>17</td><td>6</td><td>480</td></tr><tr><td>5-35 September 1960 (Debentures).....(taxable)</td><td>200</td><td>22</td><td>13</td><td>1</td><td>2</td><td>-</td><td>162</td></tr><tr><td>5-1/8 September 1961 (Debentures).....(taxable)</td><td>150</td><td>20</td><td>7</td><td>1</td><td>5</td><td>-</td><td>117</td></tr><tr><td>3-1/2 February 1962 (Debentures).....(taxable)</td><td>200</td><td>51</td><td>23</td><td>1</td><td>8</td><td>-</td><td>117</td></tr><tr><td>3-1/4 March 1963 (Debentures).....(taxable)</td><td>150</td><td>49</td><td>15</td><td>*</td><td>3</td><td>-</td><td>83</td></tr><tr><td>4-1/8 November 1963 (Debentures).....(taxable)</td><td>100</td><td>17</td><td>5</td><td>*</td><td>7</td><td>-</td><td>71</td></tr><tr><td>4-3/8 June 1965 (Debentures).....(taxable)</td><td>100</td><td>14</td><td>12</td><td>3</td><td>4</td><td>-</td><td>67</td></tr><tr><td>3-5/8 March 1968 (Debentures).....(taxable)</td><td>100</td><td>13</td><td>7</td><td>1</td><td>5</td><td>-</td><td>74</td></tr><tr><td>4-3/8 April 1969 (Debentures).....(taxable)</td><td>90</td><td>4</td><td>16</td><td>2</td><td>4</td><td>-</td><td>64</td></tr><tr><td>Total Federal National Mortgage Association securities</td><td>2,437</td><td>505</td><td>160</td><td>19</td><td>68</td><td>10</td><td>1,676</td></tr></table>
Footnotes 1 through 11 on preceding page.
12/ Includes Federal Housing Administration debentures; see footnote 13/.
13/ A small indeterminate amount of the Federal Housing Administration debentures is partially tax-exempt.
14/ Includes only publicly offered issues.
15/ The proprietary interest of the United States in these banks ended in July 1951.
16/ The proprietary interest of the United States in these banks ended in June 1947.
* Less than $500,000.
52
Treasury Bulletin
MARKET QUOTATIONS ON TREASURY SECURITIES, FEBRUARY 29, 1960
Current market quotations shown here are over-the-counter closing bid quotations in the New York market for the last trading day of the month, as reported to the Treasury by the Federal Reserve Bank of New York. The securities listed include all regularly quoted
public marketable securities issued by the United States Government except Panama Canal bonds. Outstanding issues which are guaranteed by the United States Government are excluded because they are not regularly quoted in the market.
Table 1.- Treasury Bills (Taxable)
<table><tr><th colspan="2">Amount outstand- ing (millions)</th><th colspan="3">Issue date</th><th rowspan="2">Maturity date</th><th colspan="2">Bank discount</th><th rowspan="2">Amount outstand- ing (millions)</th><th rowspan="2">Issue date</th><th rowspan="2">Maturity date</th><th colspan="2">Bank discount</th></tr><tr><th>13-week</th><th>26-week</th><th>13-week</th><th>26-week</th><th>Bid</th><th>Change from last month</th><th>Bid</th><th>Change from last month</th></tr><tr><td colspan="7">Regular weekly bills - 13 and 26 weeks</td><td colspan="5">Regular weekly bills - 26 weeks</td></tr><tr><td>$1,101</td><td>$400</td><td>12/3/59</td><td>9/3/59</td><td>3/3/60</td><td>4.15%</td><td>+6.0%</td><td>$400</td><td>1/7/60</td><td>7/7/60</td><td>4.22%</td><td>-2.1%</td></tr><tr><td>1,201</td><td>400</td><td>12/10/59</td><td>9/10/59</td><td>3/10/60</td><td>3.60</td><td>+1.05</td><td>400</td><td>1/14/60</td><td>7/14/60</td><td>4.25</td><td>-1.21</td></tr><tr><td>1,200</td><td>400</td><td>12/17/59</td><td>9/17/59</td><td>3/17/60</td><td>3.75</td><td>+1.05</td><td>400</td><td>1/21/60</td><td>7/21/60</td><td>4.30</td><td>-1.16</td></tr><tr><td>1,201</td><td>400</td><td>12/24/59</td><td>9/24/59</td><td>3/24/59</td><td>3.85</td><td>+1.07</td><td>400</td><td>1/28/60</td><td>7/28/60</td><td>4.30</td><td>-1.16</td></tr><tr><td>1,100</td><td>400</td><td>12/31/59</td><td>10/1/59</td><td>3/31/60</td><td>3.85</td><td>+1.05</td><td>400</td><td>2/4/60</td><td>8/4/60</td><td>4.32</td><td>-</td></tr><tr><td>1,100</td><td>405</td><td>1/7/60</td><td>10/8/59</td><td>4/7/60</td><td>3.80</td><td>-1.12</td><td>396</td><td>2/11/60</td><td>8/11/60</td><td>4.35</td><td>-</td></tr><tr><td>1,202</td><td>400</td><td>1/14/60</td><td>10/15/59</td><td>4/14/60</td><td>3.88</td><td>-1.10</td><td>400</td><td>2/18/60</td><td>8/18/60</td><td>4.39</td><td>-</td></tr><tr><td>1,000</td><td>400</td><td>1/21/60</td><td>10/22/59</td><td>4/21/60</td><td>3.92</td><td>-1.06</td><td>400</td><td>2/25/60</td><td>8/25/60</td><td>4.40</td><td>-</td></tr><tr><td>1,000</td><td>401</td><td>1/28/60</td><td>10/29/59</td><td>4/28/60</td><td>3.92</td><td>-1.07</td><td colspan="5">Tax anticipation bills</td></tr><tr><td>1,000</td><td>400</td><td>2/4/60</td><td>11/5/53</td><td>5/5/60</td><td>4.14</td><td>+1.14</td><td>$3,005</td><td>7/8/59</td><td>3/22/60</td><td>3.90%</td><td>+1.12%</td></tr><tr><td>1,205</td><td>400</td><td>2/11/60</td><td>11/12/59</td><td>5/12/60</td><td>4.16</td><td>+1.11</td><td>999</td><td>8/19/59</td><td>3/22/60</td><td>4.24</td><td>-1.24</td></tr><tr><td>1,200</td><td>403</td><td>2/18/60</td><td>11/19/59</td><td>5/19/60</td><td>4.18</td><td>+1.08</td><td>2,002</td><td>10/21/59</td><td>6/22/60</td><td>4.24</td><td>-1.24</td></tr><tr><td>1,204</td><td>400</td><td>2/25/60</td><td>11/27/59</td><td>5/26/60</td><td>4.19</td><td>+1.04</td><td>2,016</td><td>1/8/60</td><td></td><td></td><td></td></tr><tr><td>-</td><td>401</td><td>-</td><td>12/3/59</td><td>6/2/60</td><td>4.25</td><td>+1.05</td><td colspan="5">Other bills</td></tr><tr><td>-</td><td>500</td><td>-</td><td>12/10/59</td><td>6/9/60</td><td>4.15</td><td>-1.10</td><td>$2,003</td><td>5/11/59</td><td>4/15/60</td><td>3.88%</td><td>-1.10</td></tr><tr><td>-</td><td>500</td><td>-</td><td>12/17/59</td><td>6/16/60</td><td>4.15</td><td>-1.20</td><td>2,001</td><td>7/15/59</td><td>7/15/60</td><td>4.30</td><td>-1.16</td></tr><tr><td>-</td><td>500</td><td>-</td><td>12/24/59</td><td>6/23/60</td><td>4.20</td><td>-1.25</td><td>2,007</td><td>12/2/59</td><td>10/17/60</td><td>4.43</td><td>-1.21</td></tr><tr><td>-</td><td>500</td><td>-</td><td>12/31/59</td><td>6/30/60</td><td>4.20</td><td>-1.25</td><td>1,504</td><td>1/15/60</td><td>1/15/61</td><td>4.42</td><td>-1.32</td></tr></table>
Table 2.- Certificates of Indebtedness (Taxable)
(Price decimals are 32nds)
<table><tr><th rowspan="2">Amount outstanding (millions)</th><th rowspan="2">Description</th><th rowspan="2">Issue date</th><th colspan="2">Price</th><th colspan="2">Yield</th></tr><tr><th>Bid</th><th>Change from last month</th><th>To maturity</th><th>Change from last month</th></tr><tr><td>$1,269</td><td>1/3/15</td><td>5/15/60-B</td><td>5/15/59</td><td>99.29</td><td>+.01</td><td>4.42%</td><td>+.21%</td></tr><tr><td>7,037</td><td>4-3/4</td><td>11/15/60-C</td><td>11/15/59</td><td>100.04</td><td>+.04</td><td>4.56</td><td>+.17</td></tr><tr><td>6,999</td><td>4-7/8</td><td>2/15/61-A</td><td>2/15/60</td><td>100.06</td><td>–</td><td>4.67</td><td>–</td></tr></table>
Table 3.- Treasury Notes (Taxable)
(Price decimals are 32nds)
<table><tr><th>Amount outstanding-(millions)</th><th>Description</th><th colspan="2">Price</th><th colspan="2">Yield</th><th>Issue date</th><th colspan="4">Price range since first traded 1/</th></tr><tr><th></th><th></th><th>Bid</th><th>Change from last month</th><th>To maturity</th><th>Change from last month</th><th></th><th colspan="2">High</th><th colspan="2">Low</th></tr><tr><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th>Price</th><th>Date</th><th>Price</th><th>Date</th></tr><tr><td>2,406</td><td>3-1/25</td><td>5/15/60-A</td><td>93.26</td><td>+0.02</td><td>4.39%</td><td>+0.03%</td><td>2/15/57</td><td>104.02</td><td>6/9/58</td><td>98.12</td><td>9/26/57</td></tr><tr><td>2,738</td><td>3-1/4</td><td>5/15/60-B</td><td>99.24</td><td>+0.02</td><td>4.45</td><td>+1.12</td><td>1/21/59</td><td>99.29</td><td>2/8/60</td><td>98.26</td><td>9/16/60</td></tr><tr><td>9,561</td><td>4-3/8</td><td>8/15/60-C</td><td>100.03</td><td>+0.00</td><td>4.53</td><td>-0.04</td><td>8/1/59</td><td>100.18</td><td>8/5/59</td><td>99.24</td><td>1/7/59</td></tr><tr><td>4,078</td><td>3-5/8</td><td>5/15/61-B</td><td>98.28</td><td>+0.05</td><td>4.59</td><td>-0.07</td><td>12/1/58</td><td>100.06</td><td>11/25/58</td><td>97.26</td><td>9/15/59</td></tr><tr><td>2,136</td><td>4</td><td>8/1/61-A</td><td>99.18</td><td>+1.16</td><td>4.33</td><td>-0.33</td><td>8/1/57</td><td>106.05</td><td>6/6/58</td><td>98.04</td><td>9/7/59</td></tr><tr><td>647</td><td>3-5/8</td><td>2/15/62-A</td><td>98.15</td><td>+2.1</td><td>4.45</td><td>-0.32</td><td>5/1/57</td><td>105.12</td><td>4/28/58</td><td>96.30</td><td>12/22/59</td></tr><tr><td>1,435</td><td>4</td><td>2/15/62-D</td><td>99.04</td><td>+1.14</td><td>4.47</td><td>-0.22</td><td>2/15/59</td><td>100.28</td><td>2/20/59</td><td>97.22</td><td>12/17/59</td></tr><tr><td>160</td><td>4</td><td>8/15/62-B 2/</td><td>99.18</td><td>+0.08</td><td>4.19</td><td>-0.10</td><td>9/26/57</td><td>107.05</td><td>6/6/58</td><td>98.06</td><td>12/4/59</td></tr><tr><td>1,143</td><td>3-3/4</td><td>11/15/62-C</td><td>97.18</td><td>+0.08</td><td>4.72</td><td>-0.07</td><td>11/29/57</td><td>106.13</td><td>4/22/58</td><td>96.06</td><td>12/28/59</td></tr><tr><td>3,971</td><td>2-5/8</td><td>2/15/63-A</td><td>94.04</td><td>+0.4</td><td>4.78</td><td>+0.01</td><td>4/15/58</td><td>101.14</td><td>6/11/58</td><td>92.09</td><td>9/15/59</td></tr><tr><td>1,743</td><td>4</td><td>5/15/63-B</td><td>98.00</td><td>+0.02</td><td>4.68</td><td>0.00</td><td>4/1/49</td><td>99.31</td><td>4/1/59</td><td>96.14</td><td>12/29/59</td></tr><tr><td>3,011</td><td>4-7/8</td><td>11/15/63-C 2/</td><td>100.22</td><td>+2.1</td><td>4.67</td><td>-0.19</td><td>11/15/59</td><td>100.23</td><td>2/17/60</td><td>99.19</td><td>1/6/60</td></tr><tr><td>4,933</td><td>4-3/4</td><td>5/15/64-A 3/</td><td>100.02</td><td>+0.05</td><td>4.73</td><td>-0.04</td><td>7/20/59</td><td>101.10</td><td>8/14/59</td><td>99.18</td><td>12/29/59</td></tr><tr><td>2,316</td><td>5</td><td>8/15/64-B</td><td>101.22</td><td>+2.22</td><td>4.58</td><td>-0.17</td><td>10/15/59</td><td>101.24</td><td>2/18/60</td><td>100.09</td><td>12/1/59</td></tr><tr><td>4,195</td><td>4-7/8</td><td>11/15/64-C</td><td>100.14</td><td>0</td><td>4.77</td><td>0</td><td>2/15/60</td><td>100.18</td><td>2/1/60</td><td>99.25</td><td>2/2/60</td></tr><tr><td>57</td><td>1-1/2</td><td>4/1/60-BA 6/</td><td>98.16</td><td>+0.2</td><td>4.14</td><td>+0.23</td><td>4/1/55</td><td>100.06</td><td>6/13/58</td><td>93.00</td><td>12/7/56</td></tr><tr><td>278</td><td>1-1/2</td><td>10/1/60-EO</td><td>97.10</td><td>+0.02</td><td>4.06</td><td>+1.12</td><td>4/1/56</td><td>99.28</td><td>6/12/58</td><td>92.06</td><td>12/10/56</td></tr><tr><td>144</td><td>1-1/2</td><td>4/1/61-EA</td><td>97.12</td><td>-0.04</td><td>4.56</td><td>+0.23</td><td>10/1/56</td><td>98.26</td><td>6/12/58</td><td>90.06</td><td>12/21/57</td></tr><tr><td>332</td><td>1-1/2</td><td>10/1/61-EO</td><td>95.12</td><td>-0.04</td><td>4.71</td><td>+1.14</td><td>4/1/57</td><td>98.00</td><td>6/6/58</td><td>88.18</td><td>8/13/57</td></tr><tr><td>551</td><td>1-1/2</td><td>4/1/62-EA</td><td>93.22</td><td>-0.02</td><td>4.64</td><td>+0.04</td><td>10/1/57</td><td>97.16</td><td>6/3/58</td><td>88.12</td><td>10/2/57</td></tr><tr><td>590</td><td>1-1/2</td><td>10/1/62-EO</td><td>92.14</td><td>+0.04</td><td>4.76</td><td>+0.08</td><td>4/1/58</td><td>97.04</td><td>6/5/58</td><td>88.12</td><td>9/16/59</td></tr><tr><td>533</td><td>1-1/2</td><td>4/1/63-EA</td><td>90.24</td><td>+0.02</td><td>4.66</td><td>+0.05</td><td>10/1/58</td><td>91.18</td><td>11/25/58</td><td>87.08</td><td>9/16/59</td></tr><tr><td>506</td><td>1-1/2</td><td>10/1/63-EO</td><td>89.22</td><td>+0.06</td><td>4.67</td><td>+0.00</td><td>4/1/59</td><td>89.06</td><td>2/16/60</td><td>85.16</td><td>9/15/59</td></tr><tr><td>457</td><td>1-1/2</td><td>4/1/64-EA</td><td>88.10</td><td>+0.06</td><td>4.75</td><td>+0.05</td><td>10/1/59</td><td>88.02</td><td>10/22/59</td><td>85.00</td><td>9/30/59</td></tr><tr><td>280</td><td>1-1/2</td><td>10/1/64-EO</td><td>86.24</td><td>0.00</td><td>4.75</td><td>0.05</td><td></td><td></td><td></td><td></td><td></td></tr></table>
Footnotes st end of Table 5.
April 1960
53
MARKET QUOTATIONS ON TREASURY SECURITIES, FEBRUARY 29, 1960
Table 4.- Taxable Treasury Bonds
(Price decimals are 32nds)
<table><tr><th rowspan="2">Amount outstanding (millions)</th><th rowspan="2">Description</th><th colspan="2">Price</th><th colspan="2">Yield</th><th rowspan="2">Issue date</th><th colspan="4">Price range since first traded 1/</th></tr><tr><th>Bid</th><th>Change from last month</th><th>To first call or maturity 5/</th><th>Change from last month</th><th colspan="2">High</th><th colspan="2">Low</th></tr><tr><td>$5,265</td><td>2-1/4$</td><td>94.25</td><td>-.01</td><td>4.71%</td><td>+1.13%</td><td>6/1/15</td><td>104.20</td><td>4/6/16</td><td>91.30</td><td>7/21/57</td></tr><tr><td>3,453</td><td>2-1/4</td><td>93.22</td><td>.00</td><td>4.70</td><td>+0.07</td><td>11/15/15</td><td>104.21</td><td>4/6/16</td><td>91.18</td><td>7/21/57</td></tr><tr><td>3,806</td><td>2-1/8</td><td>98.17</td><td>+0.01</td><td>4.27</td><td>+1.19</td><td>8/15/14</td><td>101.11</td><td>6/5/58</td><td>94.02</td><td>7/22/57</td></tr><tr><td>2,239</td><td>2-3/4</td><td>97.08</td><td>+0.04</td><td>4.62</td><td>+0.01</td><td>11/9/53</td><td>104.22</td><td>4/30/54</td><td>95.00</td><td>10/17/57</td></tr><tr><td>11,177</td><td>2-1/2</td><td>96.16</td><td>+0.09</td><td>4.66</td><td>-.07</td><td>2/15/14</td><td>103.00</td><td>4/30/54</td><td>91.20</td><td>7/22/57</td></tr><tr><td>2,110</td><td>2-1/2</td><td>86.26</td><td>+0.20</td><td>4.69</td><td>-.05</td><td>5/5/12</td><td>108.12</td><td>4/6/16</td><td>84.22</td><td>9/15/59</td></tr><tr><td>6,755</td><td>2-1/2</td><td>93.00</td><td>+0.08</td><td>4.72</td><td>-.03</td><td>12/15/14</td><td>100.24</td><td>4/18/58</td><td>91.05</td><td>9/15/59</td></tr><tr><td>2,817</td><td>2-1/2</td><td>84.22</td><td>+0.22</td><td>4.64</td><td>-.09</td><td>12/1/12</td><td>108.03</td><td>4/6/16</td><td>82.08</td><td>1/6/60</td></tr><tr><td>3,854</td><td>3</td><td>93.28</td><td>+0.04</td><td>4.72</td><td>.00</td><td>2/14/58</td><td>103.19</td><td>4/21/58</td><td>92.06</td><td>9/15/59</td></tr><tr><td>3,739</td><td>2-1/2</td><td>83.28</td><td>+0.20</td><td>4.66</td><td>-.07</td><td>4/15/13</td><td>107.25</td><td>4/6/16</td><td>81.10</td><td>1/6/60</td></tr><tr><td>3,814</td><td>2-1/2</td><td>83.12</td><td>+1.12</td><td>4.63</td><td>-.04</td><td>9/15/13</td><td>107.24</td><td>4/6/16</td><td>81.04</td><td>1/6/60</td></tr><tr><td>6,896</td><td>2-5/8</td><td>91.02</td><td>+1.16</td><td>4.66</td><td>-.10</td><td>6/15/58</td><td>100.13</td><td>6/5/58</td><td>89.00</td><td>1/6/60</td></tr><tr><td>4,694</td><td>2-1/2</td><td>83.02</td><td>+0.20</td><td>4.63</td><td>-.07</td><td>2/1/11</td><td>107.23</td><td>4/6/16</td><td>80.10</td><td>1/6/60</td></tr><tr><td>2,941</td><td>2-1/2</td><td>82.28</td><td>+0.28</td><td>4.49</td><td>-.09</td><td>12/1/11</td><td>107.22</td><td>4/6/16</td><td>79.28</td><td>1/6/60</td></tr><tr><td>1,488</td><td>3</td><td>91.28</td><td>+0.28</td><td>4.47</td><td>-.11</td><td>2/28/58</td><td>103.20</td><td>4/21/58</td><td>89.24</td><td>1/6/60</td></tr><tr><td>1,817</td><td>2-1/2</td><td>82.28</td><td>+0.28</td><td>4.31</td><td>-.09</td><td>6/1/15</td><td>106.16</td><td>4/6/16</td><td>79.12</td><td>1/6/60</td></tr><tr><td>2,716</td><td>2-1/2</td><td>82.10</td><td>+0.30</td><td>4.34</td><td>-.11</td><td>10/20/11</td><td>109.18</td><td>4/6/16</td><td>78.24</td><td>1/6/60</td></tr><tr><td>3,660</td><td>2-1/2</td><td>82.28</td><td>+0.28</td><td>4.25</td><td>-.09</td><td>11/15/15</td><td>106.16</td><td>4/6/16</td><td>79.06</td><td>1/6/60</td></tr><tr><td>1,276</td><td>4</td><td>97.00</td><td>+1.06</td><td>4.38</td><td>-.16</td><td>10/1/57</td><td>110.14</td><td>4/21/58</td><td>94.04</td><td>12/30/59</td></tr><tr><td>654</td><td>3-7/8</td><td>94.18</td><td>+1.02</td><td>4.38</td><td>-.10</td><td>12/2/57</td><td>110.24</td><td>4/22/58</td><td>92.08</td><td>1/6/60</td></tr><tr><td>1,601</td><td>3-1/4</td><td>84.12</td><td>+1.02</td><td>4.32</td><td>-.09</td><td>5/1/53</td><td>111.28</td><td>8/4/54</td><td>82.06</td><td>1/6/60</td></tr><tr><td>884</td><td>4</td><td>95.28</td><td>+1.14</td><td>4.31</td><td>-.12</td><td>1/23/59</td><td>100.08</td><td>3/5/59</td><td>91.08</td><td>1/6/60</td></tr><tr><td>1,135</td><td>3-1/4</td><td>83.14</td><td>+1.18</td><td>4.33</td><td>-.04</td><td>6/3/58</td><td>101.04</td><td>6/11/58</td><td>82.04</td><td>1/6/60</td></tr><tr><td>1,727</td><td>3-1/2</td><td>86.02</td><td>+1.06</td><td>4.34</td><td>-.07</td><td>2/14/58</td><td>106.26</td><td>4/21/58</td><td>84.08</td><td>1/6/60</td></tr><tr><td>2,732</td><td>3</td><td>82.00</td><td>+0.04</td><td>3.95</td><td>-.01</td><td>2/15/55</td><td>101.12</td><td>6/8/55</td><td>79.08</td><td>1/6/60</td></tr></table>
Footnotee at end of Table 5.
Table 5.- Partially Tax-Exempt Treasury Bonds
(Price decimals are 32nds)
<table><tr><th rowspan="2">Amount outstanding (millions)</th><th rowspan="2">Description</th><th colspan="2">Price</th><th colspan="2">Yield</th><th rowspan="2">Issue date</th><th colspan="4">Price range since first traded 1/</th></tr><tr><th>Bid</th><th>Change from last month</th><th>To first call or maturity 5/</th><th>Change from last month</th><th colspan="2">High</th><th colspan="2">Low</th></tr><tr><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th>Price</th><th>Date</th><th>Price</th><th>Date</th></tr><tr><td>$1,485</td><td>2-3/4 - 12/15/60-65</td><td>96.18</td><td>+18</td><td>3.43</td><td>-.10%</td><td>12/15/38</td><td>119.00</td><td>1/25/46</td><td>95.16</td><td>12/28/54</td></tr></table>
1/ Beginning April 1953, prices are closing bid quotations in the over-the-counter market. Prices for prior dates are the mean of closing bid and ask quotations, except that before October 1, 1959, they are closing prices on the New York Stock Exchange. "when issued" prices are included in the history beginning October 1, 1959. Dates of highs and lows in case of recurrences are the latest dates.
2/ Of the $2,000 million 4% notes of August 15, 1962, outstanding on October 31, 1959, $1,682 million were exchanged for the 4-7/8% notes of November 15, 1963, and $157 million were presented for stamping for redemption on February 15, 1960, leaving $160 million to mature August 15, 1962.
2/ Amount outstanding includes an additional issue of $746 million December 15, 1959, accepted in exchange for F and G savings bonds due to mature in 1960.
4/ Not quoted on February 29, 1960. On February 15, 1960, $142 million were exchanged for other securities. For further details see "Public Debt Operations" Table 6.
5/ On callable issues market convention treats the yield to earliest call date as more significant when an issue is selling above par, and to maturity when it is selling at par or below.
5/ Included in the average yield of long-term taxable Treasury bonds as shown under "Average Yields of Long-Term Bonds."
54
Treasury Bulletin
MARKET QUOTATIONS ON TREASURY SECURITIES, FEBRUARY 29, 1960
Office of the Secretary of the Treasury
F-598-G
55
April 1960
AVERAGE YIELDS OF LONG-TERM BONDS
Table 1.- Average Yields of Taxable Treasury and Moody's Aaa Corporate Bonds by Periods
(Percent per annum)
<table><tr><th>Period</th><th>Treasury bonds 1/</th><th>Moody's Aaa corporate bonds</th><th>Period</th><th>Treasury bonds 1/</th><th>Moody's Aaa corporate bonds</th><th>Period</th><th>Treasury bonds 1/</th><th>Moody's Aaa corporate bonds</th></tr><tr><td colspan="9">Annual series - calendar year averages of monthly series</td></tr><tr><td>1942</td><td>2.46</td><td>2.83</td><td>1948</td><td>2.44</td><td>2.82</td><td>1954</td><td>2.55</td><td>2.90</td></tr><tr><td>1943</td><td>2.47</td><td>2.73</td><td>1949</td><td>2.31</td><td>2.66</td><td>1955</td><td>2.82</td><td>3.06</td></tr><tr><td>1944</td><td>2.48</td><td>2.72</td><td>1950</td><td>2.32</td><td>2.62</td><td>1956</td><td>3.08</td><td>3.36</td></tr><tr><td>1945</td><td>2.37</td><td>2.62</td><td>1951</td><td>2.57</td><td>2.86</td><td>1957</td><td>3.47</td><td>3.89</td></tr><tr><td>1946</td><td>2.19</td><td>2.53</td><td>1952</td><td>2.68</td><td>2.96</td><td>1958</td><td>3.43</td><td>3.79</td></tr><tr><td>1947</td><td>2.25</td><td>2,61</td><td>1953</td><td>2.91</td><td>3.20</td><td>1959</td><td>4.08</td><td>4.38</td></tr></table>
Monthly series - averages of daily series
<table><tr><td>1953-April</td><td>2.97 2/</td><td>3.23</td><td>1955-October</td><td>2.87</td><td>3.10</td><td>1958-April</td><td>3.12</td><td>3.60</td></tr><tr><td>May</td><td>3.11</td><td>3.34</td><td>November</td><td>2.89</td><td>3.10</td><td>May</td><td>3.14</td><td>3.57</td></tr><tr><td>June</td><td>3.13</td><td>3.40</td><td>December</td><td>2.91</td><td>3.15</td><td>June</td><td>3.20 2/</td><td>3.57</td></tr><tr><td>July</td><td>3.02</td><td>3.28</td><td>1956-January</td><td>2.88</td><td>3.11</td><td>July</td><td>3.36</td><td>3.62</td></tr><tr><td>August</td><td>3.02</td><td>3.24</td><td>February</td><td>2.85</td><td>3.08</td><td>August</td><td>3.60</td><td>3.85</td></tr><tr><td>September</td><td>2.98</td><td>3.29</td><td>March</td><td>2.99 3/</td><td>3.10</td><td>September</td><td>3.75</td><td>4.09</td></tr><tr><td>October</td><td>2.83</td><td>3.16</td><td>April</td><td>3.07</td><td>3.24</td><td>October</td><td>3.76</td><td>4.11</td></tr><tr><td>November</td><td>2.86</td><td>3.11</td><td>May</td><td>2.97</td><td>3.28</td><td>November</td><td>3.70</td><td>4.09</td></tr><tr><td>December</td><td>2.79 3/</td><td>3.13</td><td>June</td><td>2.99</td><td>3.27</td><td>December</td><td>3.80</td><td>4.08</td></tr><tr><td>1954-January</td><td>2.69</td><td>3.06</td><td>July</td><td>3.00</td><td>3.28</td><td>1959-January</td><td>3.91 2/</td><td>4.12</td></tr><tr><td>February</td><td>2.62</td><td>2.95</td><td>August</td><td>3.17</td><td>3.43</td><td>February</td><td>3.92</td><td>4.14</td></tr><tr><td>March</td><td>2.53</td><td>2.86</td><td>September</td><td>3.21</td><td>3.56</td><td>March</td><td>3.92</td><td>4.13</td></tr><tr><td>April</td><td>2.48</td><td>2.85</td><td>October</td><td>3.20</td><td>3.59</td><td>April</td><td>4.01</td><td>4.23</td></tr><tr><td>May</td><td>2.54</td><td>2.88</td><td>November</td><td>3.30</td><td>3.69</td><td>May</td><td>4.08</td><td>4.37</td></tr><tr><td>June</td><td>2.55 3/</td><td>2.90</td><td>December</td><td>3.40</td><td>3.75</td><td>June</td><td>4.09</td><td>4.46</td></tr><tr><td>July</td><td>2.47</td><td>2.89</td><td>1957-January</td><td>3.34</td><td>3.77</td><td>July</td><td>4.11</td><td>4.47</td></tr><tr><td>August</td><td>2.48</td><td>2.87</td><td>February</td><td>3.22</td><td>3.67</td><td>August</td><td>4.10</td><td>4.43</td></tr><tr><td>September</td><td>2.52</td><td>2.89</td><td>March</td><td>3.26</td><td>3.66</td><td>September</td><td>4.26</td><td>4.52</td></tr><tr><td>October</td><td>2.54</td><td>2.87</td><td>April</td><td>3.32</td><td>3.67</td><td>October</td><td>4.11 3/</td><td>4.57</td></tr><tr><td>November</td><td>2.57</td><td>2.89</td><td>May</td><td>3.40</td><td>3.74</td><td>November</td><td>4.12</td><td>4.56</td></tr><tr><td>December</td><td>2.59 3/</td><td>2.90</td><td>June</td><td>3.58 3/</td><td>3.91</td><td>December</td><td>4.27</td><td>4.58</td></tr><tr><td>1955-January</td><td>2.68 2/</td><td>2.93</td><td>July</td><td>3.60</td><td>3.99</td><td>1960-January</td><td>4.37</td><td>4.61</td></tr><tr><td>February</td><td>2.78</td><td>2.99</td><td>August</td><td>3.63</td><td>4.10</td><td>February</td><td>4.22</td><td>4.56</td></tr><tr><td>March</td><td>2.78 3/</td><td>3.02</td><td>September</td><td>3.66 2/ 3/</td><td>4.12</td><td></td><td></td><td></td></tr><tr><td>April</td><td>2.82</td><td>3.01</td><td>October</td><td>3.73</td><td>4.10</td><td></td><td></td><td></td></tr><tr><td>May</td><td>2.81</td><td>3.04</td><td>November</td><td>3.57 2/</td><td>4.08</td><td></td><td></td><td></td></tr><tr><td>June</td><td>2.82</td><td>3.05</td><td>December</td><td>3.30 3/</td><td>3.81</td><td></td><td></td><td></td></tr><tr><td>July</td><td>2.91</td><td>3.06</td><td>1958-January</td><td>3.24 2/</td><td>3.60</td><td></td><td></td><td></td></tr><tr><td>August</td><td>2.95</td><td>3.11</td><td>February</td><td>3.28</td><td>3.59</td><td></td><td></td><td></td></tr><tr><td>September</td><td>2.92</td><td>3.13</td><td>March</td><td>3.25</td><td>3.63</td><td></td><td></td><td></td></tr></table>
Weekly series - averages of daily series for weeks ending -
<table><tr><td>1959-September</td><td>7..</td><td>4.24</td><td>4.47</td><td>1959-November</td><td>6..</td><td>4.09</td><td>4.57</td><td>1960-January</td><td>8..</td><td>4.61</td><td>4.61</td></tr><tr><td></td><td>11..</td><td>4.25</td><td>4.49</td><td></td><td>13..</td><td>4.10</td><td>4.56</td><td></td><td>15..</td><td>4.36</td><td>4.61</td></tr><tr><td></td><td>18..</td><td>4.30</td><td>4.52</td><td></td><td>20..</td><td>4.13</td><td>4.57</td><td></td><td>22..</td><td>4.35</td><td>4.61</td></tr><tr><td></td><td>25..</td><td>4.27</td><td>4.54</td><td></td><td>27..</td><td>4.15</td><td>4.59</td><td></td><td>29..</td><td>4.36</td><td>4.61</td></tr><tr><td>October</td><td>2..</td><td>4.21 3/</td><td>4.57</td><td>December</td><td>1..</td><td>4.21</td><td>4.55</td><td>February</td><td>5..</td><td>4.29</td><td>4.60</td></tr><tr><td></td><td>9..</td><td>4.14</td><td>4.57</td><td></td><td>11..</td><td>4.22</td><td>4.56</td><td></td><td>12..</td><td>4.20</td><td>4.58</td></tr><tr><td></td><td>16..</td><td>4.13</td><td>4.56</td><td></td><td>18..</td><td>4.25</td><td>4.59</td><td></td><td>19..</td><td>4.36</td><td>4.54</td></tr><tr><td></td><td>23..</td><td>4.06</td><td>4.56</td><td>-</td><td>22..</td><td>4.32</td><td>4.59</td><td></td><td>26..</td><td>4.22</td><td>4.54</td></tr><tr><td></td><td>30..</td><td>4.09</td><td>4.56</td><td></td><td>31..</td><td>4.37</td><td>4.61</td><td></td><td></td><td></td><td></td></tr></table>
Daily series - unweighted averages
<table><tr><td>1960-February</td><td>1...</td><td>4.30</td><td>4.60</td><td>1960-February</td><td>10...</td><td>4.20</td><td>4.57</td><td>1960-February</td><td>22...</td><td>4/</td><td>4/</td></tr><tr><td></td><td>2...</td><td>4.30</td><td>4.60</td><td></td><td>11...</td><td>4.19</td><td>4.57</td><td></td><td>23...</td><td>4.18</td><td>4.54</td></tr><tr><td></td><td>3...</td><td>4.30</td><td>4.60</td><td></td><td>12...</td><td>4/</td><td>4/</td><td></td><td>24...</td><td>4.20</td><td>4.54</td></tr><tr><td></td><td>4...</td><td>4.28</td><td>4.60</td><td></td><td>15...</td><td>4.18</td><td>4.56</td><td></td><td>25...</td><td>4.23</td><td>4.53</td></tr><tr><td></td><td>5...</td><td>4.25</td><td>4.59</td><td></td><td>16...</td><td>4.16</td><td>4.53</td><td></td><td>26...</td><td>4.28</td><td>4.54</td></tr><tr><td></td><td>8...</td><td>4.22</td><td>4.59</td><td></td><td>17...</td><td>4.16</td><td>4.53</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>9...</td><td>4.21</td><td>4.57</td><td></td><td>18...</td><td>4.16</td><td>4.53</td><td></td><td>29...</td><td>4.27</td><td>4.54</td></tr><tr><td></td><td></td><td></td><td></td><td></td><td>19...</td><td>4.16</td><td>4.53</td><td></td><td></td><td></td><td></td></tr></table>
Source: Beginning April 1953, Treasury bond yields are reported to the Treasury by the Federal Reserve Bank of New York, based on closing bid quotations in the over-the-counter market. Yields for prior periods were computed on the basis of mean of closing bid and ask quotations. Moody's Investor Service is the source for the average of Aaa corporate bonds. For definition of taxable bonds, see footnotes to the "Treasury Survey of Ownership" in this issue of the Bulletin.
1/ Beginning April 1953, the average includes bonds neither due nor callable for 10 years; April 1952 through March 1953, the minimum length (neither due nor callable) was 12 years; October 1961 through March 1952, the minimum length was 15 years. For bonds currently in the average, see Table 4 under "Market Quotations on Treasury Securities" in this issue of the Bulletin.
2/ A new long-term bond added to the average.
3/ An existing bond dropped from the average (see footnote 1).
4/ Market closed.
AVERAGE YIELDS OF LONG-TERM TREASURY AND CORPORATE BONDS
56
Monthly Series 1
Monthly averages of daily figures. 21 See footnote 1 to Table I under "Average Yields of Long-Term Bonds.
Treasury Bulletin
Office of the Secretary of the Treasury
F-220-M-5
AVERAGE YIELDS OF LONG-TERM BONDS
April 1960
57
INTERNAL REVENUE COLLECTIONS
Table 1.- Summary by Principal Sources
(In thousands of dollars)
<table><tr><th>Fiscal year or month</th><th>Budget receipts from internal revenue</th><th>Adjustment of collections to budget receipts 1/</th><th>Total collections reported by Internal Revenue Service</th><th>Corporation income and profits taxes</th><th>Total</th><th>Individual income tax not withheld 2/</th><th>Individual income tax withheld 3/</th><th>Old-age and disability insurance 3/</th><th>Railroad retirement</th><th>Unemployment insurance</th></tr><tr><td>1952</td><td>65,634,894</td><td>+625,308</td><td>65,009,586</td><td>21,466,910</td><td>33,738,370</td><td>11,345,060</td><td>17,929,047</td><td>3,584,025</td><td>620,622</td><td>259,616</td></tr><tr><td>1953</td><td>70,170,974</td><td>+484,439</td><td>69,686,535</td><td>21,594,515</td><td>37,924,619</td><td>11,403,962</td><td>21,132,275</td><td>3,816,252</td><td>628,969</td><td>273,182</td></tr><tr><td>1954</td><td>70,299,652</td><td>+364,672</td><td>69,934,980</td><td>21,546,322</td><td>37,921,314</td><td>10,736,578</td><td>22,077,113</td><td>4,218,520</td><td>605,221</td><td>283,882</td></tr><tr><td>1955</td><td>66,288,692</td><td>-</td><td>66,288,692 4/</td><td>18,264,720</td><td>37,869,770</td><td>10,356,480</td><td>21,253,625 4/</td><td>5,339,573 4/</td><td>600,106 4/</td><td>279,985</td></tr><tr><td>1956</td><td>75,109,083</td><td>-3,566 5/</td><td>75,112,649 5/</td><td>21,298,522</td><td>42,633,426</td><td>11,321,966</td><td>24,015,670 5/</td><td>6,336,805</td><td>634,323</td><td>324,656</td></tr><tr><td>1957</td><td>80,171,971</td><td>-</td><td>80,171,971</td><td>21,530,653</td><td>46,610,293</td><td>12,302,229</td><td>26,727,543</td><td>6,634,467</td><td>616,020</td><td>330,034</td></tr><tr><td>1958</td><td>79,978,476</td><td>-</td><td>79,978,476</td><td>20,533,316</td><td>47,228,944</td><td>11,527,618</td><td>27,040,911</td><td>7,733,223</td><td>575,282</td><td>335,880</td></tr><tr><td>1959</td><td>79,797,973</td><td>-</td><td>79,797,973</td><td>18,091,509</td><td>49,588,488</td><td>11,753,369</td><td>29,001,375</td><td>8,004,355</td><td>525,369</td><td>324,020</td></tr><tr><td>1959-July</td><td>3,605,629</td><td>-</td><td>3,605,629</td><td>568,211</td><td>1,934,472</td><td>363,807</td><td>1,549,816</td><td>20,148</td><td>701</td><td></td></tr><tr><td>Aug.</td><td>7,159,670</td><td>-</td><td>7,159,670</td><td>368,049</td><td>5,687,250</td><td>123,154</td><td>5,457,921</td><td>85,432</td><td>743</td><td></td></tr><tr><td>Sept.</td><td>9,229,078</td><td>-</td><td>9,229,078</td><td>3,311,154</td><td>4,804,280</td><td>1,836,774</td><td>2,915,081</td><td>51,839</td><td>575</td><td></td></tr><tr><td>Oct.</td><td>3,319,057</td><td>-</td><td>3,319,057</td><td>491,069</td><td>1,745,608</td><td>259,817</td><td>1,467,005</td><td>16,448</td><td>2,337</td><td></td></tr><tr><td>Nov.</td><td>6,852,251</td><td>-</td><td>6,852,251</td><td>404,741</td><td>5,408,614</td><td>98,596</td><td>5,226,987</td><td>82,366</td><td>664</td><td></td></tr><tr><td>Dec.</td><td>7,585,525</td><td>-</td><td>7,585,525</td><td>3,179,510</td><td>3,260,691</td><td>362,104</td><td>2,846,908</td><td>51,111</td><td>567</td><td></td></tr><tr><td>1960-Jan.</td><td>4,807,819</td><td>-</td><td>4,807,819</td><td>564,448</td><td>3,344,308</td><td>2,147,554</td><td>1,154,140</td><td>16,153</td><td>26,461</td><td></td></tr></table>
<table><tr><th>Fiscal year or month</th><th>Estate and gift taxes</th><th colspan="3">Total excise</th><th colspan="4">Excise taxes</th></tr><tr><th></th><th></th><th>Total excise</th><th>Alcohol</th><th>Tobacco</th><th colspan="3">Other excise</th><th>Miscellaneous 6/</th></tr><tr><th></th><th></th><th></th><th></th><th></th><th>Total</th><th>Documents, etc. 6/</th><th>Manufacturers' and retailers' 6/</th><th></th></tr><tr><td>1952</td><td>833,147</td><td>8,971,158</td><td>2,549,120</td><td>1,565,162</td><td>4,856,876</td><td>84,995</td><td>2,824,409</td><td>1,947,472</td></tr><tr><td>1953</td><td>891,284</td><td>9,946,116</td><td>2,780,925</td><td>1,654,911</td><td>5,510,280</td><td>90,319</td><td>3,358,797</td><td>2,061,164</td></tr><tr><td>1954</td><td>955,122</td><td>9,532,222</td><td>2,797,718</td><td>1,580,512</td><td>5,153,992</td><td>90,000</td><td>3,127,465</td><td>1,936,527</td></tr><tr><td>1955</td><td>956,267</td><td>9,210,582</td><td>2,742,810</td><td>1,571,213</td><td>4,781,843</td><td>112,049</td><td>3,177,160</td><td>1,492,633</td></tr><tr><td>1956</td><td>1,171,237</td><td>10,004,195</td><td>2,920,574</td><td>1,613,497</td><td>5,501,393</td><td>114,927</td><td>3,777,909</td><td>1,608,497</td></tr><tr><td>1957</td><td>1,377,999</td><td>10,637,544</td><td>2,973,195</td><td>1,674,050</td><td>5,924,062</td><td>107,546</td><td>4,098,006</td><td>1,718,509</td></tr><tr><td>1958</td><td>1,410,925</td><td>10,814,268</td><td>2,946,461</td><td>1,734,021</td><td>6,166,535</td><td>109,452</td><td>4,315,756</td><td>1,741,327</td></tr><tr><td>1959</td><td>1,352,982</td><td>10,759,549</td><td>3,002,096</td><td>1,806,816</td><td>5,884,286</td><td>133,817</td><td>4,314,517</td><td>1,435,953</td></tr><tr><td>1959-July</td><td>131,300</td><td>971,107</td><td>242,669</td><td>149,844</td><td>103,002</td><td rowspan="3">33,531</td><td rowspan="3">1,271,251</td><td rowspan="3">355,615</td></tr><tr><td>Aug.</td><td>97,827</td><td>1,026,781</td><td>287,652</td><td>172,226</td><td>1,351,947</td></tr><tr><td>Sept.</td><td>106,654</td><td>1,006,742</td><td>299,592</td><td>168,988</td><td>205,448</td></tr><tr><td>Oct.</td><td>105,906</td><td>976,512</td><td>318,790</td><td>178,640</td><td>113,512</td><td rowspan="3">36,173</td><td rowspan="3">1,136,679</td><td rowspan="3">371,840</td></tr><tr><td>Nov.</td><td>103,566</td><td>936,082</td><td>295,976</td><td>162,477</td><td>1,129,032</td></tr><tr><td>Dec.</td><td>114,982</td><td>1,031,083</td><td>258,180</td><td>151,958</td><td>302,149</td></tr><tr><td>1960-Jan.</td><td>103,442</td><td>794,212</td><td>185,924</td><td>138,355</td><td>63,491</td><td></td><td></td><td></td></tr></table>
Source: Internal Revenue Service reports for detail of collections by type of tax; daily Treasury statement for budget receipts from internal revenue for the fiscal year 1952, and the monthly statement of receipts and disbursements of the Treasury, for the fiscal year 1951 (for explanation of reporting bases in these publications, see page II). Certain detail by type of tax is available only from returns filed with the Internal Revenue Service. The figures shown include collections for credit on special accounts, for certain taxes and charges collected by the Internal Revenue Service. Beginning with the fiscal year 1955, they include the amounts of tax collected in Puerto Rico upon articles of merchandise of Puerto Rican manufacture coming into the United States. Figures for 1954 have been revised to the same basis. Figures for previous years include only amounts collected at ports of entry. 1/ Differences between the amounts of internal revenue reported by the
1/ Differences between the amounts of internal revenue reported by the Internal Revenue Service as collections for given periods and the amounts reported in Treasury statements as budget receipts for the same periods arose because of differences in the treatment of items normally included in respect of the same. Tax payments are included in budget receipts when they are reported as credits to the account of the Treasurer of the United States. Prior to July 1954, they were included in Internal Revenue Service collection reports after the returns to which they applied had been received in internal revenue offices. Under procedure begun in 1954 with respect to income taxes and older insurance taxes, and later extended to railroad retirement, taxe and many excises, these taxes are paid currently into Treasury depositaries and the depositary receipts, as evidence of such payments, are attached to quarterly returns to the Internal Revenue Service.
Under this procedure, the payments are included in budget receipts in the month in which the depository receipts are issued to the taxpayers. Revised accounting procedures effective July 1, 1954, extended the same practice to Internal Revenue Service collection reports.
Monthly figures include social security tax on self-employment income, which is levied and collected as part of the individual income tax. Fiscal year figures exclude this tax, on the basis of estimates (see footnote 3), and it is included under "Old-age and disability insurance."
In Internal Revenue Service reports current collections are not separated as to type of tax; the breakdown shown for fiscal year is based on estimates made in accordance with provisions of Sec. 201 of the Social Security Act, as amended (42 U.S.C. 401), for transfer of tax receipts to the trust funds (see "Budget Receipts and Expenditures," Table 1).
Beginning with the fiscal year 1955, collections shown include undistributed depository receipts and unapplied collections. For excise taxes these receipts are included in the total only. Total collections include "Taxes not otherwise classified."
5/ Include "taxes not otherwise classified". Budget receipts for 1956 were reduced by $3,566 thousand representing tax collections transferred to the Government of Guam pursuant to the act approved August 1, 1950 (64 Stat. 392), but this amount was included in collections reported by the Internal Revenue Service. Beginning with 1957, such collections are excluded also in Internal Revenue Service reports.
6/ Detail is reported by quarters beginning with the fiscal year 1956
58
Treasury Bulletin
INTERNAL REVENUE COLLECTIONS
INTERNAL REVENUE COLLECTIONS BY PRINCIPAL SOURCES
*Beginning with the fiscal year 1955, includes undistributed depository receipts and unapplied collections. The whole amount of such receipts for excise taxes is included under "Other excise taxes."
Office of the Secretary of the Treasury
8·165·0
April 1960
59
MONETARY STATISTICS
Table 1.- Money in Circulation
(In millions of dollars except per capita figures)
<table><tr><th>End of fiscal year or month</th><th>Total money in circulation 1/</th><th colspan="7">Paper money</th></tr><tr><th></th><th></th><th>Total paper money</th><th>Gold certificates</th><th>Silver certificates</th><th>Treasury notes of 1890 2/</th><th>United States notes</th><th>Federal Reserve notes</th><th>Federal Reserve Bank notes 3/</th><th>National bank notes 3/</th></tr><tr><td>1952</td><td>29,026</td><td>27,348</td><td>38</td><td>2,088</td><td>1</td><td>318</td><td>24,605</td><td>221</td><td>77</td></tr><tr><td>1953</td><td>30,125</td><td>28,359</td><td>37</td><td>2,122</td><td>1</td><td>318</td><td>25,609</td><td>200</td><td>73</td></tr><tr><td>1954</td><td>29,922</td><td>28,127</td><td>35</td><td>2,255</td><td>1</td><td>320</td><td>25,385</td><td>180</td><td>70</td></tr><tr><td>1955</td><td>30,229</td><td>28,372</td><td>34</td><td>2,170</td><td>1</td><td>319</td><td>25,618</td><td>163</td><td>67</td></tr><tr><td>1956</td><td>30,715</td><td>28,767</td><td>33</td><td>2,118</td><td>1</td><td>318</td><td>26,055</td><td>117</td><td>64</td></tr><tr><td>1957</td><td>31,082</td><td>29,040</td><td>33</td><td>2,162</td><td>1</td><td>321</td><td>26,329</td><td>133</td><td>62</td></tr><tr><td>1958</td><td>31,172</td><td>29,071</td><td>32</td><td>2,200</td><td>1</td><td>317</td><td>26,342</td><td>120</td><td>59</td></tr><tr><td>1959</td><td>31,914</td><td>29,699</td><td>31</td><td>2,155</td><td>1</td><td>316</td><td>27,029</td><td>110</td><td>57</td></tr><tr><td>1958-December</td><td>32,199</td><td>30,012</td><td>31</td><td>2,177</td><td>1</td><td>311</td><td>27,318</td><td>115</td><td>58</td></tr><tr><td>1959-July</td><td>31,898</td><td>29,674</td><td>31</td><td>2,126</td><td>1</td><td>313</td><td>27,097</td><td>109</td><td>57</td></tr><tr><td>August</td><td>31,979</td><td>29,732</td><td>31</td><td>2,126</td><td>1</td><td>316</td><td>27,099</td><td>108</td><td>57</td></tr><tr><td>September</td><td>31,848</td><td>29,589</td><td>31</td><td>2,126</td><td>1</td><td>315</td><td>26,952</td><td>108</td><td>57</td></tr><tr><td>October</td><td>31,905</td><td>29,636</td><td>31</td><td>2,112</td><td>1</td><td>316</td><td>27,013</td><td>106</td><td>57</td></tr><tr><td>November</td><td>32,489</td><td>30,195</td><td>31</td><td>2,116</td><td>1</td><td>319</td><td>27,566</td><td>106</td><td>57</td></tr><tr><td>December</td><td>32,591 4/</td><td>30,287</td><td>31</td><td>2,135</td><td>1</td><td>312</td><td>27,647</td><td>105</td><td>56</td></tr><tr><td>1960-January</td><td>31,569</td><td>29,301</td><td>31</td><td>2,008</td><td>1</td><td>302</td><td>26,799</td><td>104</td><td>56</td></tr><tr><td>February</td><td>31,552</td><td>29,277</td><td>31</td><td>2,017</td><td>1</td><td>308</td><td>26,761</td><td>103</td><td>56</td></tr></table>
<table><tr><th>End of fiscal year or month</th><th colspan="4">Coin</th><th>Money in circulation per capita (in dollars) 2/</th></tr><tr><th></th><th>Total coin</th><th>Standard silver dollars</th><th>Subsidiary silver</th><th>Minor coin</th><th></th></tr><tr><td>1952</td><td>1,678</td><td>191</td><td>1,093</td><td>399</td><td>184.90</td></tr><tr><td>1953</td><td>1,766</td><td>202</td><td>1,150</td><td>413</td><td>188.72</td></tr><tr><td>1954</td><td>1,795</td><td>212</td><td>1,165</td><td>419</td><td>184.21</td></tr><tr><td>1955</td><td>1,858</td><td>223</td><td>1,202</td><td>433</td><td>182.91</td></tr><tr><td>1956</td><td>1,948</td><td>237</td><td>1,259</td><td>453</td><td>182.64</td></tr><tr><td>1957</td><td>2,042</td><td>253</td><td>1,315</td><td>474</td><td>181.52</td></tr><tr><td>1958</td><td>2,101</td><td>268</td><td>1,346</td><td>487</td><td>179.08</td></tr><tr><td>1959</td><td>2,215</td><td>285</td><td>1,415</td><td>514</td><td>180.18</td></tr><tr><td>1958-December</td><td>2,182</td><td>278</td><td>1,399</td><td>505</td><td>183.34</td></tr><tr><td>1959-July</td><td>2,224</td><td>288</td><td>1,419</td><td>517</td><td>179.81</td></tr><tr><td>August</td><td>2,241</td><td>291</td><td>1,429</td><td>521</td><td>179.37</td></tr><tr><td>September</td><td>2,259</td><td>292</td><td>1,441</td><td>526</td><td>178.40</td></tr><tr><td>October</td><td>2,269</td><td>293</td><td>1,447</td><td>529</td><td>178.46</td></tr><tr><td>November</td><td>2,294</td><td>295</td><td>1,465</td><td>535</td><td>181.49</td></tr><tr><td>December</td><td>2,304</td><td>298</td><td>1,468</td><td>538</td><td>181.82</td></tr><tr><td>1960-January</td><td>2,268</td><td>297</td><td>1,436</td><td>535</td><td>175.92r</td></tr><tr><td>February</td><td>2,275</td><td>298</td><td>1,440</td><td>536</td><td>178.61</td></tr></table>
Source: Circulation Statement of United States Money.
1/ Excludes money held by the Treasury and money held by or for the account of the Federal Reserve Banks and agents; includes paper currency held outside the continental limits of the United States.
2/ Treasury notes of 1890 in circulation are being canceled and re-tired upon receipt by the Treasury
3/ Federal Reserve Bank notes and national bank notes are covered by deposits of lawful money and are in process of retirement.
4/ Highest amount to date.
5/ Based on latest population estimates by the Bureau of the Census; includes Aleeks beginning with January 1959 and Hawaii beginning with October 1959. r Revised.
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Table 2.- Monetary Stocks of Gold and Silver
(Dollar amounts in millions)
<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 (in percent)</th></tr><tr><td>1952.</td><td>23,346.5</td><td>3,768.5</td><td>13.9</td></tr><tr><td>1953</td><td>22,462.8</td><td>3,814.3</td><td>14.5</td></tr><tr><td>1954</td><td>21,927.0</td><td>3,863.1</td><td>15.0</td></tr><tr><td>1955</td><td>21,677.6</td><td>3,922.4</td><td>15.3</td></tr><tr><td>1956</td><td>21,799.1</td><td>3,994.5</td><td>15.5</td></tr><tr><td>1957</td><td>22,622.9</td><td>4,116.6</td><td>15.4</td></tr><tr><td>1958</td><td>21,356.2</td><td>4,306.0</td><td>16.8</td></tr><tr><td>1959</td><td>19,704.6</td><td>4,414.1</td><td>18.3</td></tr><tr><td>1958-December</td><td>20,534.3</td><td>4,362.5</td><td>17.5</td></tr><tr><td>1959-July</td><td>19,625.9</td><td>4,412.7</td><td>18.4</td></tr><tr><td>August</td><td>19,523.8</td><td>4,408.7</td><td>18.4</td></tr><tr><td>September</td><td>19,490.7</td><td>4,402.3</td><td>18.4</td></tr><tr><td>October</td><td>19,585.2</td><td>4,395.0</td><td>18.3</td></tr><tr><td>November</td><td>19,565.8</td><td>4,389.7</td><td>18.3</td></tr><tr><td>December</td><td>19,455.9</td><td>4,382.7</td><td>18.4</td></tr><tr><td>1960-January</td><td>19,443.6</td><td>4,379.4</td><td>18.4</td></tr><tr><td>February</td><td>19,420.5</td><td>4,376.4</td><td>18.4</td></tr></table>
Source: Circulation Statement of United States Money. For detail of silver monetary stock see Table 4.
1/ See Table 3, footnote 2.
Table 3.- 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>Liabilities: Gold certificates, etc. 1/</th><th>Balance of gold in Treasurer's account</th></tr><tr><td>1952</td><td>23,187.1</td><td>22,178.8</td><td>1,008.2</td></tr><tr><td>1953</td><td>22,029.5</td><td>21,545.7</td><td>483.7</td></tr><tr><td>1954</td><td>21,712.1</td><td>21,223.5</td><td>489.0</td></tr><tr><td>1955</td><td>21,690.4</td><td>21,193.1</td><td>491.2</td></tr><tr><td>1956</td><td>21,369.5</td><td>21,458.3</td><td>491.2</td></tr><tr><td>1957</td><td>22,781.0</td><td>22,272.9</td><td>508.1</td></tr><tr><td>1958</td><td>20,531.3</td><td>20,138.2</td><td>396.1</td></tr><tr><td>1959</td><td>19,455.9 2/</td><td>19,350.5</td><td>105.4</td></tr><tr><td>1959-July</td><td>19,625.9</td><td>19,520.0</td><td>105.8</td></tr><tr><td>August</td><td>19,523.8</td><td>19,413.8</td><td>109.9</td></tr><tr><td>September</td><td>19,490.7</td><td>19,389.9</td><td>100.8</td></tr><tr><td>October</td><td>19,585.2</td><td>19,476.7</td><td>108.5</td></tr><tr><td>November</td><td>19,565.8</td><td>19,464.2</td><td>101.6</td></tr><tr><td>December</td><td>19,455.9</td><td>19,350.5</td><td>105.4</td></tr><tr><td>1960-January</td><td>19,443.6</td><td>19,341.2</td><td>102.4</td></tr><tr><td>February</td><td>19,420.5</td><td>19,320.6</td><td>99.9</td></tr></table>
Source: Circulation Statement of United States Money. 1/ Comprises (1) gold certificates held by the public and in Federal Reserve Banks; (2) gold certificate credits in (a) the gold certificate fund - Board of Governors, Federal Reserve System, and (b) the redemption fund - Federal Reserve notes; and (3) reserve of $156.0 million
against United States notes and Treasury notes of 1890. 2/ The United States payment of the $343.8 million increase in its gold subscription to the International Monetary Fund, authorized by Public Law 86-48, approved June 17, 1959, was made on June 23, 1959 (see "Budget Receipts and Expenditures," Tables 2, footnote 10).
April 1960
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MONETARY STATISTICS
Table 4.- Components of Silver Monetary Stock
(In millions of dollars)
<table><tr><th rowspan="2">End of calendar year or month</th><th colspan="5">Silver held in Treasury</th><th colspan="2">Silver outside Treasury</th><th rowspan="2">Total silver at $1.29+ per fine ounce</th></tr><tr><th>Securing silver certificates 1/ Silver bullion 2/</th><th>Silver dollars</th><th>Subsidiary coin 3/</th><th>Bullion for recoinage 4/</th><th>Bullion at cost</th><th>Silver dollars 1/</th><th>Subsidiary coin 3/</th></tr><tr><td>1952.......................</td><td>2,109.7</td><td>289.3</td><td>3.9</td><td>.2</td><td>45.3</td><td>202.5</td><td>1,158.1</td><td>3,794.1</td></tr><tr><td>1953.......................</td><td>2,110.8</td><td>278.3</td><td>6.3</td><td>-</td><td>30.7</td><td>213.2</td><td>1,213.1</td><td>3,837.0</td></tr><tr><td>1954.......................</td><td>2,171.1</td><td>267.6</td><td>48.0</td><td>-</td><td>11.0</td><td>221.1</td><td>1,22.2.7</td><td>3,886.6</td></tr><tr><td>1955.......................</td><td>2,194.2</td><td>253.5</td><td>15.7</td><td>.3</td><td>17.6</td><td>235.4</td><td>1,283.2</td><td>3,930.1</td></tr><tr><td>1956.......................</td><td>2,208.9</td><td>236.3</td><td>2.3</td><td>.1</td><td>62.9</td><td>252.2</td><td>1,338.2</td><td>4,064.1</td></tr><tr><td>1957.......................</td><td>2,212.9</td><td>219.0</td><td>8.2</td><td>-</td><td>92.3</td><td>269.3</td><td>1,402.6</td><td>4,185.4</td></tr><tr><td>1958.......................</td><td>2,255.0</td><td>202.7</td><td>14.9</td><td>-</td><td>128.3</td><td>285.4</td><td>1,446.2</td><td>4,362.5</td></tr><tr><td>1959.......................</td><td>2,251.4</td><td>182.3</td><td>3.2</td><td>-</td><td>127.4</td><td>305.5</td><td>1,513.4</td><td>4,382.7</td></tr><tr><td>1959-July....................</td><td>2,251.4</td><td>191.7</td><td>13.8</td><td>.2</td><td>153.7</td><td>296.2</td><td>1,483.3</td><td>4,412.7</td></tr><tr><td>August.......................</td><td>2,251.4</td><td>189.6</td><td>5.9</td><td>.2</td><td>151.5</td><td>298.3</td><td>1,491.3</td><td>4,408.7</td></tr><tr><td>September....................</td><td>2,251.4</td><td>187.6</td><td>6.6</td><td>.2</td><td>146.1</td><td>300.2</td><td>1,494.3</td><td>4,402.3</td></tr><tr><td>October.......................</td><td>2,251.4</td><td>187.1</td><td>9.5</td><td>.1</td><td>138.2</td><td>300.8</td><td>1,499.1</td><td>4,395.0</td></tr><tr><td>November.......................</td><td>2,251.4</td><td>184.4</td><td>4.2</td><td>-</td><td>132.0</td><td>303.5</td><td>1,508.9</td><td>4,387.7</td></tr><tr><td>December.......................</td><td>2,251.4</td><td>182.3</td><td>3.2</td><td>-</td><td>127.4</td><td>305.5</td><td>1,513.4</td><td>4,382.7</td></tr><tr><td>1960-January....................</td><td>2,251.4</td><td>182.0</td><td>11.1</td><td>-</td><td>121.5</td><td>305.8</td><td>1,513.6</td><td>4,379.4</td></tr><tr><td>February.......................</td><td>2,251.4</td><td>181.6</td><td>19.2</td><td>*</td><td>115.0</td><td>306.2</td><td>1,514.8</td><td>4,376.4</td></tr></table>
Source: Circulation Statement of United States Money; Offices of the Treasurer of the United States. 1/ Valued at $1.29+ per fine ounce. 2/ Includes silver held by certain agencies of the Federal Government. 3/ Valued at $1.38+ per fine ounce.
Valued at $1.38+ per fine ounce or at $1.29+ per fine ounces according to whether the bullion is held for recoinage of subsidiary silver coins or for recoinage of standard silver dollars. Less than $50,000.
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Treasury Bulletin
MONETARY STATISTICS
Table 5.- Seigniorage
(Cumulative from January 1, 1935 - in millions of dollars)
<table><tr><th>End of calendar year or month</th><th>Seigniorage (silver and minor)</th><th colspan="5">Sources of seigniorage on silver bullion revalued 1/</th><th>Total seigniorage on silver revalued</th><th>Potential seigniorage on silver bullion at cost in Treasurer's account 2/</th></tr><tr><th></th><th></th><th>Misc. silver (incl. silver bullion held June 14, 1934)</th><th>Silver Purchase Act of June 19, 1934</th><th>Nationalized silver (Proc. of Aug. 9, 1934)</th><th colspan="2">Newly mined silver</th><th></th><th></th></tr><tr><th></th><th></th><th></th><th></th><th></th><th>Proclamation of Dec. 21, 1933</th><th>Acts of July 6, 1939, and July 31, 1946</th><th></th><th></th></tr><tr><td>1935</td><td>18.5</td><td>48.7</td><td>235.2</td><td>34.5</td><td>16.8</td><td>-</td><td>326.2</td><td>274.9</td></tr><tr><td>1936</td><td>46.1</td><td>48.7</td><td>302.7</td><td>34.7</td><td>36.0</td><td>-</td><td>422.1</td><td>397.5</td></tr><tr><td>1937</td><td>63.7</td><td>48.7</td><td>366.7</td><td>34.7</td><td>58.0</td><td>-</td><td>508.1</td><td>511.6</td></tr><tr><td>1938</td><td>69.5</td><td>48.7</td><td>457.7</td><td>34.7</td><td>74.9</td><td>-</td><td>616.0</td><td>758.8</td></tr><tr><td>1939</td><td>91.7</td><td>48.7</td><td>530.7</td><td>34.7</td><td>87.3</td><td>4.2</td><td>705.6</td><td>950.6</td></tr><tr><td>1940</td><td>122.2</td><td>48.7</td><td>562.7</td><td>34.7</td><td>87.6</td><td>25.7</td><td>759.4</td><td>1,055.8</td></tr><tr><td>1941</td><td>182.1</td><td>48.7</td><td>580.4</td><td>34.7</td><td>87.6</td><td>48.3</td><td>799.7</td><td>1,089.0</td></tr><tr><td>1942</td><td>245.7</td><td>48.7</td><td>584.3</td><td>34.7</td><td>87.6</td><td>63.6</td><td>818.9</td><td>1,082.2</td></tr><tr><td>1943</td><td>299.6</td><td>48.7</td><td>584.3</td><td>34.7</td><td>87.6</td><td>65.3</td><td>820.6</td><td>957.3</td></tr><tr><td>1944</td><td>362.3</td><td>48.7</td><td>581.3</td><td>34.7</td><td>87.6</td><td>65.4</td><td>820.7</td><td>717.3</td></tr><tr><td>1945</td><td>429.5</td><td>48.7</td><td>701.6</td><td>34.7</td><td>87.6</td><td>65.5</td><td>938.1</td><td>333.2</td></tr><tr><td>1946</td><td>491.9</td><td>48.7</td><td>832.1</td><td>34.7</td><td>87.6</td><td>66.5</td><td>1,069.6</td><td>161.2</td></tr><tr><td>1947</td><td>520.5</td><td>48.7</td><td>832.1</td><td>34.7</td><td>87.6</td><td>74.5</td><td>1,077.6</td><td>146.8</td></tr><tr><td>1948</td><td>559.2</td><td>48.7</td><td>832.1</td><td>34.7</td><td>87.6</td><td>84.6</td><td>1,087.8</td><td>129.9</td></tr><tr><td>1949</td><td>578.7</td><td>48.7</td><td>833.6</td><td>34.7</td><td>87.6</td><td>93.5</td><td>1,098.1</td><td>127.2</td></tr><tr><td>1950</td><td>596.6</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>104.7</td><td>1,109.3</td><td>111.7</td></tr><tr><td>1951</td><td>642.3</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>114.6</td><td>1,119.2</td><td>81.9</td></tr><tr><td>1952</td><td>694.2</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>125.4</td><td>1,130.0</td><td>57.2</td></tr><tr><td>1953</td><td>742.2</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>134.7</td><td>1,139.3</td><td>34.9</td></tr><tr><td>1954</td><td>792.9</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>143.8</td><td>1,148.4</td><td>6.6</td></tr><tr><td>1955</td><td>807.0</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>150.8</td><td>1,155.4</td><td>14.3</td></tr><tr><td>1956</td><td>839.6</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>155.2</td><td>1,159.8</td><td>50.0</td></tr><tr><td>1957</td><td>890.3</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>156.4</td><td>1,161.0</td><td>72.9</td></tr><tr><td>1958</td><td>932.0</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>166.0</td><td>1,170.6</td><td>114.0</td></tr><tr><td>1959</td><td>981.6</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>167.9</td><td>1,172.5</td><td>98.3</td></tr><tr><td>1959-July</td><td>958.5 3/</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>167.9 3/</td><td>1,172.5 3/</td><td>119.4</td></tr><tr><td>August</td><td>961.7</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>167.9</td><td>1,172.5</td><td>118.1</td></tr><tr><td>September</td><td>95.6</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>167.9</td><td>1,172.5</td><td>115.1</td></tr><tr><td>October</td><td>971.9</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>167.9</td><td>1,172.5</td><td>107.7</td></tr><tr><td>November</td><td>977.0</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>167.9</td><td>1,172.5</td><td>102.9</td></tr><tr><td>December</td><td>981.6</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>167.9</td><td>1,172.5</td><td>98.3</td></tr><tr><td>1960-January</td><td>986.0</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>167.9</td><td>1,172.5</td><td>94.0</td></tr></table>
Source: Bureau of Accounts.
1/ Those 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
3/ bullion held changes, the potential seigniorage thereon changes. Total of seigniorage on coins and on newly mined silver, beginning with that for July 1959, is included under coins; the breakdown is not available after June 1959.
April 1960
63
CAPITAL MOVEMENTS
Data relating to capital movements between the United States and foreign countries have been collected since 1935, pursuant to Executive Order 6560 of January 15, 1934, Executive Order 10033 of February 8, 1949, and Treasury regulations promulgated thereunder. Information covering the principal types of data and the principal countries is reported monthly, and is published regularly in the "Treasury Bulletin." Supplementary information is published at less frequent intervals. Reports by banks, bankers, securities brokers and dealers, and industrial and commercial concerns in the United States are made initially to the Federal Reserve Banks, which forward consolidated figures to the Treasury. Beginning April 1954, data reported by banks in the Territories and possessions of the United States are included in the published data.
The term "foreigner" as used in these reports covers all institutions and individuals domiciled outside the United States and its Territories and possessions, the official institutions of foreign countries, wherever such institutions may be located, and international organizations. "Short-term" refers to original maturities of one year or less, and "long-term" refers to all other maturities. A detailed discussion of the reporting coverage, statistical presentation, and definitions appeared in the June 1954 issue of the "Treasury Bulletin," pages 45-47. As a result of changes in presentation introduced in that issue, not all breakdowns previously
published will be exactly comparable to those now presented.
The first three sections which follow are published monthly. They provide summaries, by periods and by countries, of data on short-term banking liabilities to and claims on foreigners and transactions in long-term securities by foreigners, and present detailed breakdowns of the latest available preliminary data.
Section IV provides supplementary data in six tables which appear at less frequent intervals. Table 1, short-term foreign liabilities and claims reported by non-financial concerns, is published quarterly in the January, April, July, and October issues of the Bulletin. Table 2, long-term foreign liabilities and claims reported by banks and bankers, and Table 3, estimated gold reserves and dollar holdings of foreign countries and international institutions, are published quarterly in the March, June, September, and December issues. Table 4, foreign credit and debit balances in brokerage accounts, appears semi-annually in the March and September issues. Table 5, short-term liabilities to foreigners in countries and areas not regularly reported separately by banking institutions, is presented annually, appearing in the April issue through 1958 and in the March issue thereafter. Table 6, purchases and sales of long-term securities by foreigners during the preceding calendar year, also appears annually, beginning with the May 1959 issue.
Section I - Summary by Periods
Table 1.- Net Capital Movement Between the United States and Foreign Countries
(In millions of dollars; negative figures indicate a net outflow of capital from the United States)
<table><tr><th>Calendar year or month</th><th>Net capital movement</th><th colspan="3">Analysis of net capital movement</th><th colspan="3">Changes in claims on foreigners</th></tr><tr><th></th><th></th><th>Total</th><th>Short-term banking funds</th><th>Transactions in domestic securities</th><th>Total</th><th>Short-term banking funds</th><th>Transactions in foreign securities</th></tr><tr><td>1935-41.</td><td>5,253.2</td><td>3,661.3</td><td>3,034.6</td><td>626.7</td><td>1,591.9</td><td>736.3</td><td>855.5</td></tr><tr><td>1942.</td><td>622.6</td><td>532.5</td><td>485.9</td><td>46.6</td><td>90.1</td><td>97.5</td><td>-7.4</td></tr><tr><td>1943.</td><td>1,273.5</td><td>1,207.1</td><td>1,179.3</td><td>27.8</td><td>66.4</td><td>-11.3</td><td>77.7</td></tr><tr><td>1944.</td><td>4,52.8</td><td>431.1</td><td>230.4</td><td>210.7</td><td>21.7</td><td>-71.8</td><td>93.5</td></tr><tr><td>1945.</td><td>1,056.6</td><td>1,166.3</td><td>1,279.4</td><td>-113.1</td><td>-109.7</td><td>-63.1</td><td>-46.6</td></tr><tr><td>1946.</td><td>-803.0</td><td>-752.6</td><td>-418.4</td><td>-334.2</td><td>-50.4</td><td>-315.5</td><td>265.1</td></tr><tr><td>1947.</td><td>345.5</td><td>547.2</td><td>636.2</td><td>-89.1</td><td>-201.7</td><td>-240.7</td><td>39.0</td></tr><tr><td>1948.</td><td>244.7</td><td>409.3</td><td>601.5</td><td>-192.2</td><td>-164.6</td><td>-69.8</td><td>-94.8</td></tr><tr><td>1949.</td><td>193.8</td><td>-24.8</td><td>-100.0</td><td>75.2</td><td>218.6</td><td>190.8</td><td>27.8</td></tr><tr><td>1950.</td><td>1,71.6</td><td>1,971.2</td><td>1,026.8</td><td>94.4</td><td>-221.6</td><td>-76.2</td><td>-145.4</td></tr><tr><td>1951.</td><td>-374.3</td><td>73.1</td><td>657.4</td><td>-584.3</td><td>-447.5</td><td>-70.5</td><td>-377.0</td></tr><tr><td>1952.</td><td>1,260.6</td><td>1,558.8</td><td>1,243.9</td><td>314.9</td><td>-298.2</td><td>-80.3</td><td>-217.9</td></tr><tr><td>1953.</td><td>1,162.8</td><td>1,090.9</td><td>1,102.4</td><td>-11.5</td><td>72.0</td><td>144.2</td><td>-72.2</td></tr><tr><td>1954.</td><td>637.1</td><td>1,419.5</td><td>1,270.2</td><td>149.3</td><td>-782.4</td><td>-482.0</td><td>-300.4</td></tr><tr><td>1955.</td><td>1,175.0</td><td>1,367.3</td><td>682.1</td><td>685.2</td><td>-192.4</td><td>-162.0</td><td>-30.4</td></tr><tr><td>1956.</td><td>586.5</td><td>1,434.7</td><td>1,338.4</td><td>156.4</td><td>-908.3</td><td>-397.2</td><td>-511.1</td></tr><tr><td>1957.</td><td>-614.9</td><td>360.9</td><td>219.1</td><td>141.8</td><td>-975.8</td><td>-253.7</td><td>-722.1</td></tr><tr><td>1958.</td><td>-707.1</td><td>998.1</td><td>1,000.8</td><td>-2.7</td><td>-1,705.2</td><td>-342.6</td><td>-1,362.5</td></tr><tr><td>1959.</td><td>3,460.6</td><td>4,299.8</td><td>3,178.3</td><td>1,121.6</td><td>-839.2</td><td>-99.0</td><td>-746.2</td></tr><tr><td>1959-July.</td><td>308.2</td><td>358.6</td><td>295.8</td><td>62.8</td><td>-50.4</td><td>56.9</td><td>-107.3</td></tr><tr><td>August.</td><td>388.4</td><td>366.4</td><td>87.7</td><td>278.7</td><td>22.0</td><td>28.0</td><td>-6.0</td></tr><tr><td>September.</td><td>408.9</td><td>495.6</td><td>385.6</td><td>110.0</td><td>-86.7</td><td>-35.3</td><td>-51.3</td></tr><tr><td>October.</td><td>-61.1</td><td>-58.4</td><td>-183.6</td><td>125.2</td><td>-2.7</td><td>-2.5</td><td>-2.2</td></tr><tr><td>November.</td><td>279.0</td><td>416.5</td><td>289.7</td><td>126.8</td><td>-137.5</td><td>-87.9</td><td>-49.6</td></tr><tr><td>December.</td><td>-85.1</td><td>124.9</td><td>33.8</td><td>91.0</td><td>-209.9</td><td>-153.1</td><td>-56.8</td></tr><tr><td>1960-January p.</td><td>84.9t</td><td>143.4x</td><td>2.8r</td><td>140.6</td><td>-58.5r</td><td>-67.8r</td><td>9.4</td></tr><tr><td>February p.....</td><td>31.0</td><td>176.4</td><td>99.0</td><td>77.3</td><td>-145.3</td><td>11.4</td><td>-156.8</td></tr></table>
p Preliminary. r Revised.
64
Treasury Bulletin
CAPITAL MOVEMENTS
Section I - Summary by Periods
Table 2.- Short-Term Banking Liabilities to and Claims on Foreigners
(Position at end of period in millions of dollars)
<table><tr><th>End of calendar year or month</th><th colspan="4">Short-term liabilities to foreigners</th><th colspan="4">Short-term claims on foreigners</th></tr><tr><th></th><th>Total</th><th>Foreign official</th><th>Other foreign</th><th>Inter-national</th><th>Payable in foreign currencies</th><th>Total</th><th>Payable to foreign banks</th><th>Other</th><th>Payable in foreign currencies</th></tr><tr><td>1942</td><td>4,205.4</td><td>2,244.4</td><td>1,947.1</td><td>-</td><td>13.9</td><td>266.7</td><td>72.0</td><td>143.7</td><td>30.9</td></tr><tr><td>1943</td><td>5,374.9</td><td>3,320.3</td><td>2,036.7</td><td>-</td><td>17.9</td><td>257.9</td><td>86.4</td><td>137.2</td><td>34.4</td></tr><tr><td>1944</td><td>5,596.8</td><td>3,335.2</td><td>2,259.9</td><td>-</td><td>21.6</td><td>329.7</td><td>105.4</td><td>169.7</td><td>54.6</td></tr><tr><td>1945</td><td>6,881.1</td><td>4,179.3</td><td>2,678.2</td><td>-</td><td>25.5</td><td>392.8</td><td>100.3</td><td>245.0</td><td>47.5</td></tr><tr><td>1946</td><td>6,480.3</td><td>3,043.9</td><td>2,922.0</td><td>473.7</td><td>40.6</td><td>708.3</td><td>319.6</td><td>290.5</td><td>98.1</td></tr><tr><td>1947</td><td>7,116.4</td><td>1,832.1</td><td>2,972.7</td><td>2,262.0</td><td>49.7</td><td>948.9</td><td>292.9</td><td>490.6</td><td>165.4</td></tr><tr><td>1948</td><td>7,718.0</td><td>2,836.3</td><td>2,947.0</td><td>1,864.3</td><td>70.4</td><td>1,018.7</td><td>361.2</td><td>557.1</td><td>100.4</td></tr><tr><td>1949</td><td>7,618.0</td><td>2,908.1</td><td>3,001.0</td><td>1,657.8</td><td>51.0</td><td>827.9</td><td>222.7</td><td>494.3</td><td>110.8</td></tr><tr><td>1950</td><td>8,644.8</td><td>3,620.3</td><td>3,451.7</td><td>1,527.8</td><td>44.9</td><td>898.0</td><td>151.1</td><td>506.3</td><td>240.6</td></tr><tr><td>1951</td><td>9,302.2</td><td>3,547.6</td><td>4,042.2</td><td>1,641.1</td><td>72.2</td><td>968.4</td><td>177.2</td><td>699.4</td><td>91.8</td></tr><tr><td>1952</td><td>10,546.1</td><td>4,654.2</td><td>4,245.6</td><td>1,458.9</td><td>61.4</td><td>1,048.7</td><td>122.9</td><td>847.5</td><td>78.4</td></tr><tr><td>1953</td><td>11,648.4</td><td>5,666.9</td><td>4,308.4</td><td>1,629.4</td><td>43.7</td><td>904.5</td><td>196.5</td><td>646.5</td><td>101.6</td></tr><tr><td>1954</td><td>12,918.6</td><td>6,770.1</td><td>4,335.4</td><td>1,769.9</td><td>43.2</td><td>1,386.5</td><td>206.5</td><td>969.0</td><td>211.0</td></tr><tr><td>1955</td><td>13,600.7</td><td>6,952.8</td><td>4,726.5</td><td>1,881.1</td><td>40.3</td><td>1,548.5</td><td>328.1</td><td>1,056.5</td><td>163.9</td></tr><tr><td>1956</td><td>14,939.1</td><td>8,045.4</td><td>5,392.8</td><td>1,429.1</td><td>48.8</td><td>1,945.7</td><td>405.4</td><td>1,390.8</td><td>149.6</td></tr><tr><td>1957</td><td>15,158.3</td><td>7,916.6</td><td>5,665.3</td><td>1,517.3</td><td>59.0</td><td>2,199.4</td><td>385.5</td><td>1,666.5</td><td>147.3</td></tr><tr><td>1958</td><td>16,159.1</td><td>8,664.9</td><td>5,890.8</td><td>1,554.0</td><td>59.4</td><td>2,542.0</td><td>439.4</td><td>1,904.9</td><td>197.7</td></tr><tr><td>1959</td><td>19,337.3</td><td>9,139.2</td><td>6,962.8</td><td>3,158.1</td><td>77.2</td><td>2,635.0</td><td>486.6</td><td>1,913.4</td><td>235.0</td></tr><tr><td>1959-July</td><td>18,724.2</td><td>9,121.5</td><td>6,735.3</td><td>2,780.5</td><td>66.9</td><td>2,384.2</td><td>437.4</td><td>1,766.4</td><td>180.5</td></tr><tr><td>August</td><td>18,811.8</td><td>9,175.4</td><td>6,850.3</td><td>2,720.2</td><td>65.9</td><td>2,356.3</td><td>422.5</td><td>1,755.6</td><td>178.1</td></tr><tr><td>September</td><td>19,197.4</td><td>9,226.4</td><td>6,908.7</td><td>2,991.4</td><td>70.9</td><td>2,391.6</td><td>457.8</td><td>1,755.2</td><td>198.6</td></tr><tr><td>October</td><td>19,013.8</td><td>9,095.7</td><td>6,800.4</td><td>3,049.3</td><td>68.4</td><td>2,394.0</td><td>432.5</td><td>1,735.4</td><td>226.1</td></tr><tr><td>November</td><td>19,303.5</td><td>9,082.5</td><td>6,995.8</td><td>3,159.8</td><td>65.4</td><td>2,481.9</td><td>483.7</td><td>1,785.9</td><td>212.3</td></tr><tr><td>December</td><td>19,337.3</td><td>9,139.2</td><td>6,908.7</td><td>3,158.1</td><td>77.2</td><td>2,635.0</td><td>486.6</td><td>1,913.4</td><td>235.0</td></tr><tr><td>1960-January p.</td><td>19,340.1</td><td>8,889.1</td><td>7,257.1</td><td>3,137.7</td><td>56.3</td><td>2,702.8</td><td>508.7</td><td>1,965.4</td><td>228.8</td></tr><tr><td>February p.</td><td>19,439.2</td><td>8,864.6</td><td>7,233.0</td><td>3,285.3</td><td>56.3</td><td>2,691.4</td><td>477.9</td><td>2,903.3</td><td>210.3</td></tr></table>
1/ Beginning in August 1956 and again in April 1957, certain accounts previously classified as "Other foreign" are included in "Foreign official."
p Preliminary.
Table 3.- Purchases and Sales of Long-Term Domestic Securities by Foreigners
(In millions of dollars; negative figures indicate a net outflow of capital from the United States)
<table><tr><th>Calendar year or month</th><th colspan="3">U. S. Government bonds and notes 1/</th><th colspan="3">Bonds 2/</th><th colspan="3">Corporate and other</th><th>Total purchases</th><th>Total sales</th><th>Net purchases of domestic securities</th></tr><tr><th></th><th>Purchases</th><th>Sales</th><th>Net purchases</th><th>Purchases</th><th>Sales</th><th>Net purchases</th><th>Purchases</th><th>Sales</th><th>Net purchases</th><th></th><th></th><th></th></tr><tr><td>1935-41</td><td>396.8 2/</td><td>492.4 3/</td><td>-95.7 3/</td><td>2/</td><td>2/</td><td>2/</td><td>430.2 3/</td><td>811.6 3/</td><td>-411.4 3/</td><td>9,322.1</td><td>8,695.3</td><td>626.7</td></tr><tr><td>1942</td><td>164.2</td><td>138.5</td><td>25.7</td><td>2/</td><td>2/</td><td>2/</td><td>96.4</td><td>75.5</td><td>20.9</td><td>260.6</td><td>214.0</td><td>46.6</td></tr><tr><td>1943</td><td>241.3</td><td>170.6</td><td>70.7</td><td>2/</td><td>2/</td><td>2/</td><td>151.6</td><td>194.6</td><td>-43.0</td><td>392.9</td><td>365.2</td><td>27.8</td></tr><tr><td>1944</td><td>513.6</td><td>268.2</td><td>245.3</td><td>2/</td><td>2/</td><td>2/</td><td>136.9</td><td>171.4</td><td>-34.4</td><td>650.4</td><td>439.7</td><td>210.7</td></tr><tr><td>1945</td><td>377.7</td><td>399.4</td><td>-15.7</td><td>2/</td><td>2/</td><td>2/</td><td>260.2</td><td>357.7</td><td>-97.4</td><td>637.9</td><td>751.0</td><td>-113.1</td></tr><tr><td>1946</td><td>414.5</td><td>684.2</td><td>-269.7</td><td>2/</td><td>2/</td><td>2/</td><td>367.6</td><td>432.1</td><td>-64.5</td><td>782.1</td><td>1,116.3</td><td>-334.2</td></tr><tr><td>1947</td><td>344.8</td><td>289.3</td><td>61.5</td><td>2/</td><td>2/</td><td>2/</td><td>226.1</td><td>376.7</td><td>-150.6</td><td>570.9</td><td>659.9</td><td>-89.1</td></tr><tr><td>1948</td><td>282.4</td><td>330.3</td><td>-47.9</td><td>2/</td><td>2/</td><td>2/</td><td>369.7</td><td>514.1</td><td>-144.3</td><td>652.2</td><td>844.4</td><td>-192.2</td></tr><tr><td>1949</td><td>430.0</td><td>333.6</td><td>96.4</td><td>2/</td><td>2/</td><td>2/</td><td>354.1</td><td>375.3</td><td>-21.2</td><td>784.1</td><td>708.9</td><td>75.2</td></tr><tr><td>1950</td><td>1,236.4</td><td>294.3</td><td>942.1</td><td>107.7</td><td>108.3</td><td>-6</td><td>666.9</td><td>664.0</td><td>2.9</td><td>2,011.1</td><td>1,066.6</td><td>944.4</td></tr><tr><td>1951</td><td>673.6</td><td>1,356.6</td><td>-683.0</td><td>120.0</td><td>141.6</td><td>-21.6</td><td>739.8</td><td>619.5</td><td>120.3</td><td>1,533.3</td><td>2,117.6</td><td>-584.3</td></tr><tr><td>1952</td><td>533.7</td><td>231.4</td><td>302.3</td><td>200.1</td><td>188.5</td><td>11.7</td><td>650.2</td><td>649.2</td><td>1.0</td><td>1,338.0</td><td>1,069.0</td><td>314.9</td></tr><tr><td>1953</td><td>646.0</td><td>728.0</td><td>-82.0</td><td>212.8</td><td>197.4</td><td>15.3</td><td>589.1</td><td>533.9</td><td>55.2</td><td>1,447.9</td><td>1,459.4</td><td>-11.5</td></tr><tr><td>1954</td><td>800.9</td><td>792.7</td><td>8.2</td><td>289.7</td><td>289.6</td><td>6.1</td><td>1,115.1</td><td>980.2</td><td>135.0</td><td>2,205.7</td><td>2,056.4</td><td>149.3</td></tr><tr><td>1955</td><td>1,341.1</td><td>812.1</td><td>529.0</td><td>324.7</td><td>296.0</td><td>28.7</td><td>1,561.2</td><td>1,433.7</td><td>127.5</td><td>3,227.0</td><td>2,541.8</td><td>685.2</td></tr><tr><td>1956</td><td>883.4</td><td>1,018.3</td><td>-135.0</td><td>287.1</td><td>251.8</td><td>35.3</td><td>1,619.5</td><td>1,363.5</td><td>256.0</td><td>2,790.0</td><td>2,633.6</td><td>156.4</td></tr><tr><td>1957</td><td>666.1</td><td>718.3</td><td>-52.1</td><td>310.2</td><td>258.9</td><td>51.3</td><td>1,306.4</td><td>1,163.8</td><td>142.6</td><td>2,282.8</td><td>2,111.0</td><td>141.8</td></tr><tr><td>1958</td><td>1,223.9</td><td>1,187.6</td><td>36.3</td><td>361.4</td><td>344.0</td><td>17.3</td><td>1,397.3</td><td>1,453.6</td><td>-56.3</td><td>2,988.5</td><td>2,985.2</td><td>-2.7</td></tr><tr><td>1959</td><td>1,214.1</td><td>528.0</td><td>686.1</td><td>368.8</td><td>296.2</td><td>72.6</td><td>2,224.4</td><td>1,861.5</td><td>362.9</td><td>3,807.3</td><td>2,685.7</td><td>1,121.6</td></tr><tr><td>1959-July</td><td>63.1</td><td>39.7</td><td>23.3</td><td>31.9</td><td>26.2</td><td>5.8</td><td>197.4</td><td>163.7</td><td>33.7</td><td>292.4</td><td>229.6</td><td>62.8</td></tr><tr><td>August</td><td>258.5</td><td>25.0</td><td>233.5</td><td>32.5</td><td>22.6</td><td>9.9</td><td>157.9</td><td>122.6</td><td>35.3</td><td>448.9</td><td>170.2</td><td>278.7</td></tr><tr><td>September</td><td>105.8</td><td>39.5</td><td>66.3</td><td>40.3</td><td>22.3</td><td>18.0</td><td>137.0</td><td>111.3</td><td>25.7</td><td>283.1</td><td>173.1</td><td>110.0</td></tr><tr><td>October</td><td>162.6</td><td>77.0</td><td>85.6</td><td>35.3</td><td>25.3</td><td>10.0</td><td>155.3</td><td>125.7</td><td>29.7</td><td>353.2</td><td>228.0</td><td>125.2</td></tr><tr><td>November</td><td>166.4</td><td>98.8</td><td>67.5</td><td>37.0</td><td>26.1</td><td>10.9</td><td>196.8</td><td>148.5</td><td>48.3</td><td>400.2</td><td>273.4</td><td>126.8</td></tr><tr><td>December</td><td>92.1</td><td>55.0</td><td>37.2</td><td>29.4</td><td>33.3</td><td>-3.9</td><td>224.8</td><td>167.1</td><td>57.8</td><td>348.4</td><td>255.4</td><td>91.0</td></tr><tr><td>1960-January p.</td><td>103.9</td><td>40.5</td><td>63.4</td><td>29.8</td><td>24.3</td><td>5.5</td><td>199.3</td><td>127.6</td><td>71.7</td><td>333.0</td><td>192.4</td><td>140.6</td></tr><tr><td>February p.</td><td>119.5</td><td>87.8</td><td>31.6</td><td>36.8</td><td>25.4</td><td>11.4</td><td>157.4</td><td>123.1</td><td>34.3</td><td>313.7</td><td>236.4</td><td>77.3</td></tr></table>
1/ Through 1949, includes transactions in corporate bonds.
2/ Through 1949, included with transactions in U. S. Government bonds and notes.
3/ January 4, 1940, through December 31, 1941; the breakdown between stocks and hoods is not available for earlier years. p Preliminary.
April 1960
65
CAPITAL MOVEMENTS
Section I - Summary by Periods
Table 4.- Purchases and Sales of Long-Term Foreign Securities by Foreigners
(In millions of dollars; negative figures indicate a net outflow of capital from the United States)
<table><tr><th>Calendar year or month</th><th colspan="3">Foreign bonds</th><th colspan="3">Foreign stocks</th><th>Total purchases</th><th>Total sales</th><th>Net purchases of foreign securities</th></tr><tr><th></th><th>Purchases</th><th>Sales</th><th>Net purchases</th><th>Purchases</th><th>Sales</th><th>Net purchases</th><th></th><th></th><th></th></tr><tr><td>1955-21</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>4,008.2</td><td>3,152.6</td><td>855.5</td></tr><tr><td>1962</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>220.5</td><td>227.9</td><td>-7.4</td></tr><tr><td>1963</td><td>446.4</td><td>372.2</td><td>74.2</td><td>23.3</td><td>19.8</td><td>3.5</td><td>659.6</td><td>391.9</td><td>77.7</td></tr><tr><td>1964</td><td>314.3</td><td>225.3</td><td>89.0</td><td>26.6</td><td>22.1</td><td>4.5</td><td>340.9</td><td>247.4</td><td>93.5</td></tr><tr><td>1965</td><td>318.1</td><td>347.3</td><td>-29.2</td><td>37.3</td><td>54.8</td><td>-17.5</td><td>355.4</td><td>402.1</td><td>-46.6</td></tr><tr><td>1966</td><td>755.9</td><td>490.4</td><td>265.5</td><td>65.2</td><td>65.6</td><td>-0.4</td><td>821.2</td><td>556.1</td><td>265.1</td></tr><tr><td>1967</td><td>658.7</td><td>634.3</td><td>24.5</td><td>57.1</td><td>42.6</td><td>14.6</td><td>715.9</td><td>676.8</td><td>39.0</td></tr><tr><td>1968</td><td>211.6</td><td>291.4</td><td>-79.8</td><td>81.7</td><td>96.7</td><td>-15.0</td><td>293.3</td><td>388.2</td><td>-94.8</td></tr><tr><td>1969</td><td>321.2</td><td>312.5</td><td>8.8</td><td>88.8</td><td>70.8</td><td>18.0</td><td>410.1</td><td>382.3</td><td>27.8</td></tr><tr><td>1970</td><td>589.2</td><td>710.2</td><td>-121.0</td><td>173.8</td><td>198.2</td><td>-24.4</td><td>763.0</td><td>908.4</td><td>-145.4</td></tr><tr><td>1971</td><td>500.4</td><td>801.0</td><td>-300.6</td><td>272.3</td><td>348.7</td><td>-76.4</td><td>772.7</td><td>1,149.7</td><td>-377.0</td></tr><tr><td>1972</td><td>495.3</td><td>677.4</td><td>-182.1</td><td>293.9</td><td>329.6</td><td>-35.8</td><td>789.1</td><td>1,007.0</td><td>-217.9</td></tr><tr><td>1973</td><td>542.5</td><td>621.5</td><td>-79.0</td><td>310.1</td><td>303.4</td><td>6.8</td><td>852.7</td><td>924.9</td><td>-72.2</td></tr><tr><td>1974</td><td>792.4</td><td>841.3</td><td>-48.8</td><td>393.3</td><td>644.9</td><td>-251.6</td><td>1,185.8</td><td>1,486.1</td><td>-300.4</td></tr><tr><td>1975</td><td>693.3</td><td>509.4</td><td>183.9</td><td>663.6</td><td>877.9</td><td>-214.3</td><td>1,356.9</td><td>1,387.3</td><td>-30.4</td></tr><tr><td>1976</td><td>666.5</td><td>972.5</td><td>-305.0</td><td>743.2</td><td>975.2</td><td>-136.1</td><td>1,351.7</td><td>1,947.8</td><td>-596.1</td></tr><tr><td>1977</td><td>699.0</td><td>1,392.0</td><td>-693.1</td><td>592.8</td><td>621.9</td><td>29.1</td><td>1,291.8</td><td>2,014.0</td><td>-722.1</td></tr><tr><td>1978</td><td>889.0</td><td>1,915.1</td><td>-1,026.1</td><td>667.2</td><td>803.7</td><td>-336.4</td><td>1,356.2</td><td>2,718.8</td><td>-1,362.5</td></tr><tr><td>1979</td><td>945.6</td><td>1,455.1</td><td>-509.5</td><td>566.1</td><td>802.8</td><td>-236.6</td><td>1,511.7</td><td>2,257.9</td><td>-746.2</td></tr><tr><td>1959-July</td><td>60.5</td><td>162.6</td><td>-102.1</td><td>47.5</td><td>52.7</td><td>-5.2</td><td>108.0</td><td>215.3</td><td>-107.3</td></tr><tr><td>August</td><td>27.1</td><td>27.3</td><td>-0.2</td><td>44.4</td><td>50.2</td><td>-5.8</td><td>71.5</td><td>77.5</td><td>-6.0</td></tr><tr><td>September</td><td>156.5</td><td>208.3</td><td>-51.8</td><td>44.0</td><td>43.6</td><td>0.4</td><td>200.6</td><td>251.9</td><td>-51.3</td></tr><tr><td>October</td><td>52.1</td><td>75.4</td><td>-23.3</td><td>58.3</td><td>35.2</td><td>23.1</td><td>110.4</td><td>110.6</td><td>-0.2</td></tr><tr><td>November</td><td>53.3</td><td>92.8</td><td>-39.5</td><td>41.3</td><td>51.4</td><td>-10.1</td><td>94.6</td><td>144.2</td><td>-49.6</td></tr><tr><td>December</td><td>95.4</td><td>142.1</td><td>-46.7</td><td>53.0</td><td>63.1</td><td>-10.1</td><td>148.3</td><td>205.2</td><td>-56.8</td></tr><tr><td>1960-January p</td><td>57.5</td><td>58.7</td><td>-1.2</td><td>55.5</td><td>45.0</td><td>10.6</td><td>113.0</td><td>103.6</td><td>9.4</td></tr><tr><td>February p</td><td>76.7</td><td>238.1</td><td>-161.4</td><td>41.1</td><td>36.4</td><td>4.6</td><td>117.8</td><td>274.5</td><td>-156.8</td></tr></table>
n.s. Not available.
p Preliminary.
66
Treasury Bulletin
CAPITAL MOVEMENTS
Table 1.- Short-Term Banking Liabilities to Foreigners
(Position at end of period in millions of dollars)
<table><tr><th>Country</th><th>1956</th><th>1957</th><th>1958</th><th>1959</th><th>August</th><th>September</th><th>October</th><th>November</th><th>December</th><th>January p</th><th>February p</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></tr><tr><td>Austria</td><td>296.4</td><td>318.9</td><td>411.2</td><td>331.4</td><td>391.1</td><td>393.8</td><td>385.5</td><td>363.6</td><td>331.4</td><td>308.4</td><td>299.8</td></tr><tr><td>Belgium</td><td>116.9</td><td>130.2</td><td>115.1</td><td>138.1</td><td>118.8</td><td>128.7</td><td>125.1</td><td>132.3</td><td>118.1</td><td>152.4</td><td>137.3</td></tr><tr><td>Czechoslovakia</td><td>4.5</td><td>7.7</td><td>4.6</td><td>7.7</td><td>7.7</td><td>7.7</td><td>7.7</td><td>7.6</td><td>7.6</td><td>6.6</td><td>7.7</td></tr><tr><td>Denmark</td><td>65.5</td><td>112.5</td><td>168.8</td><td>136.5</td><td>98.2</td><td>112.9</td><td>112.6</td><td>122.3</td><td>136.5</td><td>119.6</td><td>112.2</td></tr><tr><td>Finland</td><td>53.2</td><td>64.5</td><td>68.8</td><td>77.1</td><td>75.6</td><td>70.6</td><td>78.7</td><td>81.1</td><td>77.1</td><td>83.2</td><td>89.6</td></tr><tr><td>France</td><td>626.2</td><td>353.7</td><td>532.1</td><td>655.3</td><td>1,139.2</td><td>1,156.7</td><td>1,094.6</td><td>903.5</td><td>655.3</td><td>664.0</td><td>675.3</td></tr><tr><td>Germany, Federal Republic of</td><td>1,834.5</td><td>1,557.2</td><td>1,754.7</td><td>1,987.3</td><td>1,140.8</td><td>1,143.7</td><td>1,544.2</td><td>1,706.1</td><td>1,987.3</td><td>1,898.8</td><td>1,908.2</td></tr><tr><td>Germany</td><td>177.4</td><td>153.5</td><td>126.3</td><td>186.3</td><td>165.3</td><td>160.9</td><td>171.7</td><td>191.5</td><td>186.3</td><td>188.4</td><td>196.8</td></tr><tr><td>Italy</td><td>929.6</td><td>1,078.6</td><td>1,120.8</td><td>1,369.3</td><td>1,369.3</td><td>1,578.3</td><td>1,542.9</td><td>1,523.0</td><td>1,369.3</td><td>1,358.0</td><td>1,244.9</td></tr><tr><td>Netherlands</td><td>133.7</td><td>202.5</td><td>338.7</td><td>485.2</td><td>422.5</td><td>435.2</td><td>426.5</td><td>428.6</td><td>485.2</td><td>499.8</td><td>490.1</td></tr><tr><td>Norway</td><td>66.6</td><td>93.4</td><td>129.6</td><td>95.5</td><td>102.0</td><td>103.1</td><td>100.9</td><td>97.4</td><td>95.5</td><td>94.7</td><td>93.6</td></tr><tr><td>Poland</td><td>3.3</td><td>3.2</td><td>4.9</td><td>4.0</td><td>4.9</td><td>4.2</td><td>6.3</td><td>4.2</td><td>4.0</td><td>4.1</td><td>4.3</td></tr><tr><td>Portugal</td><td>137.0</td><td>162.1</td><td>163.0</td><td>137.5</td><td>155.0</td><td>150.9</td><td>141.8</td><td>137.8</td><td>137.5</td><td>128.2</td><td>130.9</td></tr><tr><td>Romania</td><td>5.9</td><td>8.8</td><td>5.9</td><td>8.9</td><td>5.9</td><td>5.9</td><td>5.9</td><td>5.8</td><td>5.9</td><td>5.8</td><td>5.8</td></tr><tr><td>Spain</td><td>43.2</td><td>24.3</td><td>36.2</td><td>86.1</td><td>59.1</td><td>67.5</td><td>71.0</td><td>78.8</td><td>86.1</td><td>93.4</td><td>98.7</td></tr><tr><td>Sweden</td><td>217.2</td><td>260.3</td><td>303.4</td><td>212.5</td><td>343.4</td><td>330.1</td><td>240.6</td><td>243.5</td><td>212.5</td><td>150.8</td><td>196.4</td></tr><tr><td>Switzerland</td><td>835.8</td><td>967.0</td><td>851.9</td><td>965.1</td><td>869.1</td><td>905.1</td><td>888.9</td><td>902.4</td><td>965.1</td><td>973.1</td><td>942.8</td></tr><tr><td>Turkey</td><td>20.4</td><td>18.3</td><td>20.1</td><td>30.7</td><td>29.0</td><td>32.4</td><td>28.0</td><td>33.7</td><td>30.7</td><td>30.5</td><td>34.8</td></tr><tr><td>U.S.S.R.</td><td>8</td><td>7</td><td>2.2</td><td>2.6</td><td>2.1</td><td>1.9</td><td>2.4</td><td>3.6</td><td>2.6</td><td>4.2</td><td>2.2</td></tr><tr><td>United Kingdom</td><td>1,012.1</td><td>1,275.4</td><td>872.9</td><td>970.8</td><td>1,093.3</td><td>1,056.0</td><td>874.3</td><td>955.3</td><td>970.8</td><td>992.6</td><td>1,142.2</td></tr><tr><td>Yugoslavia</td><td>17.0</td><td>10.6</td><td>9.5</td><td>6.2</td><td>6.9</td><td>6.3</td><td>6.1</td><td>5.3</td><td>6.2</td><td>9.8</td><td>10.4</td></tr><tr><td>Other Europe</td><td>276.9</td><td>343.7</td><td>676.1</td><td>574.4</td><td>519.1</td><td>549.1</td><td>571.9</td><td>568.9</td><td>574.4</td><td>549.2</td><td>513.0</td></tr><tr><td>Total Europe</td><td>6,864.9</td><td>7,141.8</td><td>7,707.9</td><td>8,454.1</td><td>8,574.7</td><td>8,681.0</td><td>8,415.4</td><td>8,484.3</td><td>8,454.1</td><td>8,298.5</td><td>8,331.3</td></tr><tr><td>Canada</td><td>1,515.5</td><td>1,623.0</td><td>2,019.2</td><td>2,195.4</td><td>2,135.3</td><td>2,245.5</td><td>2,253.0</td><td>2,330.1</td><td>2,195.4</td><td>2,317.8</td><td>2,269.9</td></tr><tr><td>Latin America:</td><td></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>145.7</td><td>136.8</td><td>149.8</td><td>336.8</td><td>265.3</td><td>267.6</td><td>290.8</td><td>309.5</td><td>336.8</td><td>360.1</td><td>379.9</td></tr><tr><td>Bolivia</td><td>28.6</td><td>26.3</td><td>22.2</td><td>24.4</td><td>19.5</td><td>20.5</td><td>22.9</td><td>22.5</td><td>24.4</td><td>24.9</td><td>23.2</td></tr><tr><td>Brazil</td><td>224.7</td><td>132.2</td><td>138.1</td><td>150.7</td><td>163.4</td><td>169.1</td><td>150.4</td><td>140.9</td><td>150.7</td><td>152.0</td><td>163.9</td></tr><tr><td>Chile</td><td>90.6</td><td>75.1</td><td>100.0</td><td>184.5</td><td>144.3</td><td>171.2</td><td>141.0</td><td>139.4</td><td>184.5</td><td>158.6</td><td>158.5</td></tr><tr><td>Colombia</td><td>152.9</td><td>152.9</td><td>168.8</td><td>216.8</td><td>212.2</td><td>197.2</td><td>203.5</td><td>214.8</td><td>216.8</td><td>221.7</td><td>231.9</td></tr><tr><td>Cuba</td><td>211.5</td><td>235.0</td><td>286.5</td><td>163.8</td><td>206.5</td><td>201.8</td><td>190.6</td><td>168.3</td><td>163.8</td><td>162.6</td><td>151.2</td></tr><tr><td>Dominican Republic</td><td>68.2</td><td>53.6</td><td>39.7</td><td>36.9</td><td>39.6</td><td>37.4</td><td>39.1</td><td>40.8</td><td>36.8</td><td>36.6</td><td>35.3</td></tr><tr><td>Mexico</td><td>63.7</td><td>65.4</td><td>41.6</td><td>37.1</td><td>36.6</td><td>34.7</td><td>35.5</td><td>35.8</td><td>37.1</td><td>43.6</td><td>51.7</td></tr><tr><td>Netherlands W. Indies and</td><td>433.0</td><td>386.3</td><td>418.2</td><td>442.4</td><td>416.2</td><td>400.4</td><td>396.2</td><td>419.8</td><td>442.4</td><td>424.6</td><td>420.9</td></tr><tr><td>Surinam</td><td>68.6</td><td>73.4</td><td>79.4</td><td>85.8</td><td>79.2</td><td>84.6</td><td>83.5</td><td>85.2</td><td>85.8</td><td>85.3</td><td>83.4</td></tr><tr><td>Panama, Republic of</td><td>109.3</td><td>136.0</td><td>146.3</td><td>129.2</td><td>155.0</td><td>156.5</td><td>150.7</td><td>143.5</td><td>129.2</td><td>131.4</td><td>125.2</td></tr><tr><td>Peru</td><td>83.6</td><td>59.9</td><td>77.1</td><td>82.2</td><td>80.6</td><td>87.8</td><td>95.7</td><td>88.3</td><td>82.2</td><td>82.6</td><td>69.7</td></tr><tr><td>El Salvador</td><td>25.5</td><td>27.2</td><td>26.2</td><td>28.0</td><td>29.1</td><td>25.0</td><td>22.4</td><td>26.5</td><td>28.0</td><td>30.9</td><td>35.1</td></tr><tr><td>Uruguay</td><td>73.3</td><td>55.1</td><td>82.4</td><td>61.5</td><td>69.5</td><td>70.9</td><td>69.9</td><td>67.8</td><td>61.5</td><td>61.8</td><td>67.8</td></tr><tr><td>Venezuela</td><td>455.5</td><td>855.3</td><td>498.1</td><td>276.9</td><td>428.0</td><td>277.6</td><td>254.2</td><td>251.0</td><td>276.9</td><td>263.9</td><td>208.6</td></tr><tr><td>Other Latin America</td><td>111.2</td><td>124.4</td><td>133.0</td><td>148.3</td><td>175.2</td><td>161.4</td><td>153.9</td><td>148.1</td><td>148.3</td><td>155.3</td><td>170.6</td></tr><tr><td>Total Latin America</td><td>2,345.7</td><td>2,575.1</td><td>2,409.4</td><td>2,405.5</td><td>2,515.0</td><td>2,363.5</td><td>2,300.1</td><td>2,302.3</td><td>2,405.5</td><td>2,392.7</td><td>2,376.8</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></tr><tr><td>China Mainland</td><td>35.5</td><td>36.3</td><td>36.0</td><td>35.8</td><td>35.6</td><td>36.4</td><td>35.7</td><td>35.5</td><td>35.8</td><td>35.8</td><td>35.6</td></tr><tr><td>Rong Kong</td><td>66.2</td><td>69.7</td><td>61.6</td><td>59.3</td><td>56.6</td><td>58.2</td><td>58.9</td><td>60.6</td><td>59.3</td><td>59.8</td><td>60.8</td></tr><tr><td>India</td><td>76.5</td><td>82.4</td><td>77.3</td><td>112.3</td><td>102.9</td><td>113.2</td><td>121.7</td><td>115.3</td><td>114.3</td><td>112.6</td><td>90.4</td></tr><tr><td>Indonesia</td><td>185.7</td><td>150.7</td><td>108.4</td><td>138.6</td><td>91.9</td><td>108.1</td><td>115.9</td><td>125.8</td><td>138.6</td><td>146.5</td><td>152.8</td></tr><tr><td>Iran</td><td>19.7</td><td>55.3</td><td>42.7</td><td>45.6</td><td>27.6</td><td>27.0</td><td>21.5</td><td>23.8</td><td>46.6</td><td>45.7</td><td>43.2</td></tr><tr><td>Israel</td><td>45.0</td><td>52.2</td><td>55.9</td><td>86.5</td><td>94.4</td><td>78.3</td><td>80.4</td><td>81.2</td><td>86.5</td><td>93.3</td><td>87.2</td></tr><tr><td>Japan</td><td>1,016.5</td><td>585.7</td><td>93.5</td><td>1,259.9</td><td>1,106.1</td><td>1,140.8</td><td>1,168.9</td><td>1,214.7</td><td>1,259.9</td><td>1,293.3</td><td>1,293.4</td></tr><tr><td>Korea, Republic of</td><td>99.4</td><td>117.0</td><td>145.5</td><td>147.6</td><td>148.0</td><td>149.8</td><td>152.1</td><td>148.2</td><td>147.6</td><td>148.7</td><td>144.9</td></tr><tr><td>Philippines</td><td>272.4</td><td>174.5</td><td>176.3</td><td>171.5</td><td>182.1</td><td>180.2</td><td>176.4</td><td>179.1</td><td>171.5</td><td>174.2</td><td>176.8</td></tr><tr><td>Taiwan</td><td>60.5</td><td>85.8</td><td>98.7</td><td>94.1</td><td>89.7</td><td>87.2</td><td>91.1</td><td>92.3</td><td>94.1</td><td>94.3</td><td>95.2</td></tr><tr><td>Thailand</td><td>148.3</td><td>156.5</td><td>133.3</td><td>135.8</td><td>126.1</td><td>127.4</td><td>129.1</td><td>133.1</td><td>135.8</td><td>141.7</td><td>142.1</td></tr><tr><td>Other Asia</td><td>389.3</td><td>380.2</td><td>334.6</td><td>458.3</td><td>465.4</td><td>447.9</td><td>474.9</td><td>447.9</td><td>458.3</td><td>457.3</td><td>458.3</td></tr><tr><td>Total Asia</td><td>2,425.1</td><td>1,946.3</td><td>2,205.3</td><td>2,748.2</td><td>2,586.3</td><td>2,560.5</td><td>2,626.7</td><td>2,657.6</td><td>2,748.2</td><td>2,802.8</td><td>2,778.7</td></tr><tr><td>Other countries:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Australia</td><td>84.2</td><td>84.8</td><td>78.9</td><td>113.5</td><td>85.1</td><td>109.5</td><td>111.6</td><td>114.0</td><td>113.5</td><td>109.7</td><td>115.4</td></tr><tr><td>Belgian Congo</td><td>46.3</td><td>39.3</td><td>2.8</td><td>31.3</td><td>30.7</td><td>28.6</td><td>29.3</td><td>25.8</td><td>31.3</td><td>32.9</td><td>34.5</td></tr><tr><td>Egypt 2/</td><td>50.3</td><td>40.1</td><td>16.2</td><td>20.3</td><td>15.8</td><td>15.5</td><td>17.2</td><td>18.0</td><td>20.3</td><td>24.7</td><td>38.2</td></tr><tr><td>United of South Africa</td><td>52.9</td><td>37.6</td><td>29.6</td><td>48.7</td><td>53.5</td><td>42.9</td><td>47.9</td><td>50.8</td><td>48.7</td><td>61.6</td><td>56.6</td></tr><tr><td>All other</td><td>114.2</td><td>153.0</td><td>124.9</td><td>162.1</td><td>155.4</td><td>158.9</td><td>163.2</td><td>160.9</td><td>162.1</td><td>161.6</td><td>152.4</td></tr><tr><td>Total other countries</td><td>345.9</td><td>354.7</td><td>279.3</td><td>376.0</td><td>340.4</td><td>355.4</td><td>369.3</td><td>369.5</td><td>376.0</td><td>390.5</td><td>397.1</td></tr><tr><td>International</td><td>1,452.1</td><td>1,517.3</td><td>1,544.0</td><td>3,158.1</td><td>2,720.2</td><td>2,991.4</td><td>3,049.3</td><td>3,159.8</td><td>3,158.1</td><td>3,137.7</td><td>3,285.3</td></tr><tr><td>Grand total</td><td>14,939.1</td><td>15,158.3</td><td>16,159.1</td><td>19,337.3</td><td>18,811.8</td><td>19,197.4</td><td>19,013.8</td><td>19,303.5</td><td>19,337.3</td><td>19,340.1</td><td>19,439.2</td></tr></table>
1/ Liabilities to countries not regularly reported separately are published annually in Section IV, Table 5.
2/ Part of United Arab Republic (Egypt and Syria) since February 1958.
Data on liabilities to Syria are published annually in Section IV, Table 5. p. Preliminary.
April 1960
67
CAPITAL MOVEMENTS
Section II - Summary by Countries
Table 2.- Short-Term Banking Claims on Foreigners
(Position at end of period in millions of dollars)
<table><tr><th>Country</th><th>1956</th><th>1957</th><th>1958</th><th>1959</th><th>August</th><th>September</th><th>October</th><th>November</th><th>December</th><th>January p</th><th>February p</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></tr><tr><td>Austria</td><td>6.7</td><td>6.4</td><td>7.1</td><td>4.3</td><td>5.2</td><td>5.9</td><td>5.3</td><td>4.7</td><td>4.3</td><td>3.5</td><td>2.6</td></tr><tr><td>Belgium</td><td>28.1</td><td>24.5</td><td>66.6</td><td>56.3</td><td>48.4</td><td>50.5</td><td>50.2</td><td>51.3</td><td>56.3</td><td>55.8</td><td>52.8</td></tr><tr><td>Czechoslovakia</td><td>2.1</td><td>1.1</td><td>7.7</td><td>1.2</td><td>1.1</td><td>1.3</td><td>1.9</td><td>1.0</td><td>1.2</td><td>1.1</td><td>1.4</td></tr><tr><td>Denmark</td><td>12.2</td><td>10.7</td><td>14.3</td><td>18.1</td><td>9.3</td><td>10.4</td><td>11.0</td><td>14.1</td><td>18.1</td><td>17.5</td><td>14.6</td></tr><tr><td>Finland</td><td>3.5</td><td>4.1</td><td>5.9</td><td>8.4</td><td>5.3</td><td>6.8</td><td>7.9</td><td>8.3</td><td>8.4</td><td>8.2</td><td>8.6</td></tr><tr><td>France</td><td>18.3</td><td>114.4</td><td>102.1</td><td>57.1</td><td>89.3</td><td>80.6</td><td>65.1</td><td>59.9</td><td>57.1</td><td>46.3</td><td>37.8</td></tr><tr><td>Germany, Federal Republic of</td><td>157.0</td><td>140.0</td><td>76.5</td><td>54.0</td><td>44.9</td><td>43.8</td><td>41.0</td><td>47.7</td><td>54.0</td><td>50.8</td><td>51.4</td></tr><tr><td>Greece</td><td>4.3</td><td>6.3</td><td>7.2</td><td>4.8</td><td>7.0</td><td>7.2</td><td>6.7</td><td>6.6</td><td>4.8</td><td>3.4</td><td>3.4</td></tr><tr><td>Italy</td><td>43.2</td><td>56.3</td><td>35.7</td><td>29.7</td><td>34.1</td><td>32.6</td><td>28.6</td><td>28.4</td><td>29.7</td><td>41.5</td><td>40.7</td></tr><tr><td>Netherlands</td><td>20.9</td><td>29.4</td><td>55.6</td><td>38.3</td><td>25.5</td><td>22.1</td><td>23.4</td><td>24.6</td><td>38.3</td><td>32.9</td><td>26.0</td></tr><tr><td>Norway</td><td>23.4</td><td>23.4</td><td>22.2</td><td>7.1</td><td>10.3</td><td>9.7</td><td>8.9</td><td>9.2</td><td>7.1</td><td>8.9</td><td>7.0</td></tr><tr><td>Poland</td><td>1.6</td><td>3.6</td><td>3.5</td><td>3.7</td><td>7.3</td><td>6.9</td><td>6.8</td><td>5.5</td><td>3.7</td><td>3.3</td><td>3.3</td></tr><tr><td>Portugal</td><td>*</td><td>2.0</td><td>2.1</td><td>2.1</td><td>1.8</td><td>2.0</td><td>1.3</td><td>1.9</td><td>2.1</td><td>2.5</td><td>1.7</td></tr><tr><td>Romania</td><td>*</td><td>*</td><td>*</td><td>*</td><td>*</td><td>*</td><td>*</td><td>*</td><td>*</td><td>*</td><td>*</td></tr><tr><td>Spain</td><td>7.6</td><td>8.1</td><td>29.7</td><td>8.4</td><td>10.8</td><td>10.8</td><td>8.9</td><td>7.7</td><td>8.4</td><td>7.3</td><td>5.8</td></tr><tr><td>Sweden</td><td>13.1</td><td>10.2</td><td>24.0</td><td>18.6</td><td>12.6</td><td>18.7</td><td>14.7</td><td>15.9</td><td>18.6</td><td>17.1</td><td>16.7</td></tr><tr><td>Switzerland</td><td>28.9</td><td>34.5</td><td>42.4</td><td>38.4</td><td>34.4</td><td>38.8</td><td>36.2</td><td>37.3</td><td>38.4</td><td>50.6</td><td>38.8</td></tr><tr><td>Turkey</td><td>87.6</td><td>76.2</td><td>72.5</td><td>47.3</td><td>69.8</td><td>74.9</td><td>71.6</td><td>62.2</td><td>47.3</td><td>49.6</td><td>65.5</td></tr><tr><td>U.S.S.R.</td><td>104.4</td><td>97.5</td><td>123.9</td><td>138.5</td><td>122.0</td><td>150.9</td><td>150.4</td><td>173.8</td><td>138.5</td><td>130.6</td><td>140.6</td></tr><tr><td>United Kingdom</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Yugoslavia</td><td>3.2</td><td>2.2</td><td>5.9</td><td>2.9</td><td>3.7</td><td>3.2</td><td>2.9</td><td>1.5</td><td>2.9</td><td>6.9</td><td>8.1</td></tr><tr><td>Other Europe</td><td>6.3</td><td>5.8</td><td>5.2</td><td>12.7</td><td>6.3</td><td>8.4</td><td>9.6</td><td>10.8</td><td>12.7</td><td>11.7</td><td>11.4</td></tr><tr><td>Total Europe</td><td>567.5</td><td>693.6</td><td>695.9</td><td>551.8</td><td>567.1</td><td>585.5</td><td>551.5</td><td>572.5</td><td>551.8</td><td>548.4</td><td>538.2</td></tr><tr><td>Canada</td><td>157.3</td><td>154.1</td><td>242.5</td><td>272.3</td><td>240.9</td><td>272.3</td><td>310.7</td><td>282.4</td><td>272.3</td><td>255.0</td><td>234.1</td></tr><tr><td>Latin 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></tr><tr><td>Argentina</td><td>15.4</td><td>28.3</td><td>39.8</td><td>63.0</td><td>44.5</td><td>48.1</td><td>50.6</td><td>63.1</td><td>63.0</td><td>63.8</td><td>64.0</td></tr><tr><td>Belize</td><td>3.4</td><td>3.2</td><td>3.2</td><td>3.1</td><td>2.9</td><td>3.1</td><td>3.1</td><td>3.1</td><td>3.1</td><td>3.1</td><td>3.1</td></tr><tr><td>Brazil</td><td>72.1</td><td>99.5</td><td>147.5</td><td>118.1</td><td>134.2</td><td>125.5</td><td>112.0</td><td>113.4</td><td>118.1</td><td>139.0</td><td>150.5</td></tr><tr><td>Chile</td><td>16.2</td><td>32.6</td><td>52.1</td><td>59.3</td><td>36.5</td><td>41.7</td><td>45.8</td><td>47.0</td><td>59.3</td><td>57.8</td><td>57.3</td></tr><tr><td>Colombia</td><td>145.1</td><td>103.2</td><td>50.6</td><td>67.9</td><td>54.6</td><td>54.9</td><td>57.9</td><td>61.3</td><td>67.9</td><td>71.1</td><td>70.1</td></tr><tr><td>Cuba</td><td>89.8</td><td>113.1</td><td>166.1</td><td>102.6</td><td>91.7</td><td>90.8</td><td>91.3</td><td>100.9</td><td>102.6</td><td>90.9</td><td>83.1</td></tr><tr><td>Dominican Republic</td><td>6.8</td><td>14.7</td><td>19.1</td><td>28.9</td><td>27.8</td><td>30.1</td><td>29.4</td><td>30.6</td><td>28.9</td><td>29.2</td><td>27.3</td></tr><tr><td>Guatemala</td><td>7.3</td><td>7.8</td><td>11.8</td><td>10.2</td><td>10.6</td><td>9.7</td><td>12.7</td><td>10.0</td><td>10.2</td><td>12.1</td><td>12.8</td></tr><tr><td>Mexico</td><td>212.9</td><td>231.0</td><td>299.0</td><td>290.8</td><td>269.0</td><td>266.7</td><td>264.9</td><td>274.9</td><td>290.8</td><td>287.8</td><td>257.4</td></tr><tr><td>Netherlands W. Indies and Surinam</td><td>4.9</td><td>2.3</td><td>5.9</td><td>4.9</td><td>2.7</td><td>2.6</td><td>2.8</td><td>3.8</td><td>4.0</td><td>2.6</td><td>4.6</td></tr><tr><td>Panama, Republic of</td><td>12.2</td><td>18.5</td><td>23.4</td><td>17.9</td><td>24.0</td><td>22.3</td><td>23.1</td><td>16.7</td><td>17.9</td><td>17.8</td><td>19.0</td></tr><tr><td>Peru</td><td>34.7</td><td>30.8</td><td>30.7</td><td>36.0</td><td>34.2</td><td>32.4</td><td>34.1</td><td>33.8</td><td>36.0</td><td>35.2</td><td>37.8</td></tr><tr><td>El Salvador</td><td>10.9</td><td>8.4</td><td>9.8</td><td>14.8</td><td>6.6</td><td>8.9</td><td>13.7</td><td>15.8</td><td>12.8</td><td>9.9</td><td>5.3</td></tr><tr><td>Uruguay</td><td>14.9</td><td>14.7</td><td>51.7</td><td>47.1</td><td>39.3</td><td>40.2</td><td>39.0</td><td>44.7</td><td>47.1</td><td>46.8</td><td>45.0</td></tr><tr><td>Venezuela</td><td>143.9</td><td>169.9</td><td>141.7</td><td>266.7</td><td>136.2</td><td>122.2</td><td>146.3</td><td>174.4</td><td>266.7</td><td>313.5</td><td>345.6</td></tr><tr><td>Other Latin America</td><td>49.2</td><td>51.0</td><td>52.9</td><td>58.7</td><td>49.9</td><td>49.2</td><td>49.4</td><td>51.5</td><td>58.7</td><td>54.4</td><td>56.1</td></tr><tr><td>Total Latin America</td><td>840.4</td><td>955.8</td><td>1,099.3</td><td>1,169.3</td><td>964.8</td><td>968.3</td><td>976.0</td><td>1,044.8</td><td>1,169.3</td><td>1,234.8</td><td>1,240.2</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></tr><tr><td>China Mainland</td><td>2.5</td><td>2.5</td><td>2.5</td><td>2.5</td><td>2.5</td><td>2.5</td><td>2.5</td><td>2.5</td><td>2.5</td><td>2.5</td><td>2.5</td></tr><tr><td>Hong Kong</td><td>3.8</td><td>6.9</td><td>5.5</td><td>10.4</td><td>9.0</td><td>8.6</td><td>8.5</td><td>10.0</td><td>10.4</td><td>10.9</td><td>11.7</td></tr><tr><td>India</td><td>5.7</td><td>5.6</td><td>4.1</td><td>5.8</td><td>5.1</td><td>6.1</td><td>6.5</td><td>5.9</td><td>5.8</td><td>5.9</td><td>5.8</td></tr><tr><td>Indonesia</td><td>3.3</td><td>2.2</td><td>2.2</td><td>3.3</td><td>3.3</td><td>3.3</td><td>3.3</td><td>3.3</td><td>3.3</td><td>3.3</td><td>3.2</td></tr><tr><td>Iran</td><td>20.1</td><td>21.7</td><td>27.3</td><td>29.4</td><td>29.4</td><td>29.7</td><td>29.3</td><td>29.0</td><td>29.4</td><td>29.6</td><td>29.7</td></tr><tr><td>Israel</td><td>16.4</td><td>23.6</td><td>23.3</td><td>14.3</td><td>14.6</td><td>13.0</td><td>11.8</td><td>8.8</td><td>14.3</td><td>14.5</td><td>17.3</td></tr><tr><td>Japan, Republic of</td><td>170.2</td><td>145.6</td><td>178.6</td><td>323.7</td><td>269.4</td><td>262.4</td><td>261.7</td><td>275.4</td><td>323.7</td><td>348.7</td><td>371.5</td></tr><tr><td>Korea, Republic of</td><td>1.7</td><td>1.6</td><td>1.3</td><td>1.2</td><td>1.2</td><td>1.3</td><td>1.3</td><td>1.2</td><td>1.2</td><td>1.1</td><td>2.0</td></tr><tr><td>Philippines</td><td>15.6</td><td>52.9</td><td>66.8</td><td>23.9</td><td>18.4</td><td>16.9</td><td>11.2</td><td>20.0</td><td>23.9</td><td>23.6</td><td>17.6</td></tr><tr><td>Taiwan</td><td>5.5</td><td>5.7</td><td>6.1</td><td>9.0</td><td>7.9</td><td>8.0</td><td>8.3</td><td>7.8</td><td>9.0</td><td>8.8</td><td>9.4</td></tr><tr><td>Thailand</td><td>9.0</td><td>13.7</td><td>12.8</td><td>14.7</td><td>12.5</td><td>11.7</td><td>12.5</td><td>14.1</td><td>14.7</td><td>13.7</td><td>12.5</td></tr><tr><td>Other Asia</td><td>87.5</td><td>106.1</td><td>106.5</td><td>150.7</td><td>147.2</td><td>150.7</td><td>149.6</td><td>153.1</td><td>150.7</td><td>150.5</td><td>146.0</td></tr><tr><td>Total Asia</td><td>337.5</td><td>386.1</td><td>435.1</td><td>585.8</td><td>517.5</td><td>511.2</td><td>503.4</td><td>528.0</td><td>585.8</td><td>610.0</td><td>626.1</td></tr><tr><td>Other countries:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Australia</td><td>10.6</td><td>12.7</td><td>12.8</td><td>17.6</td><td>15.8</td><td>17.8</td><td>18.9</td><td>18.1</td><td>17.6</td><td>17.9</td><td>18.0</td></tr><tr><td>Belgian Congo</td><td>5.9</td><td>5.1</td><td>3.7</td><td>3.1</td><td>3.2</td><td>3.2</td><td>3.0</td><td>2.8</td><td>3.1</td><td>3.3</td><td>3.0</td></tr><tr><td>Egypt 1/</td><td>2.0</td><td>1.0</td><td>2.5</td><td>2.0</td><td>1.5</td><td>1.6</td><td>2.0</td><td>1.7</td><td>2.0</td><td>1.5</td><td>1.8</td></tr><tr><td>Union of South Africa</td><td>7.9</td><td>12.0</td><td>23.2</td><td>11.8</td><td>20.6</td><td>13.6</td><td>12.0</td><td>13.2</td><td>11.8</td><td>12.2</td><td>10.8</td></tr><tr><td>All other</td><td>16.7</td><td>18.9</td><td>26.9</td><td>21.3</td><td>25.0</td><td>18.0</td><td>16.6</td><td>18.4</td><td>21.3</td><td>19.6</td><td>21.3</td></tr><tr><td>Total other countries</td><td>43.0</td><td>49.7</td><td>69.2</td><td>55.8</td><td>65.9</td><td>54.2</td><td>52.4</td><td>54.2</td><td>55.8</td><td>54.6</td><td>52.9</td></tr><tr><td>International</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Grand total</td><td>1,945.7</td><td>2,199.4</td><td>2,542.0</td><td>2,635.0</td><td>2,356.3</td><td>2,391.6</td><td>2,394.0</td><td>2,481.9</td><td>2,635.0</td><td>2,702.8</td><td>2,691.4</td></tr></table>
1/ Part of United Arab Republic (Egypt and Syria) since February 1958. Data on claims on Syria are not available separately, but are included in "Other Asia."
* Less than $50,000. p Preliminary.
68
Treasury Bulletin
CAPITAL MOVEMENTS
Section II - Summary by Countries
Table 3.- Net Transactions in Long-Term Domestic Securities by Foreigners
(In thousands of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
<table><tr><th>Country</th><th colspan="4">Calendar year</th><th colspan="5">1959</th><th colspan="2">1960</th></tr><tr><th></th><th>1956</th><th>1957</th><th>1958</th><th>1959</th><th>August</th><th>September</th><th>October</th><th>November</th><th>December</th><th>January p</th><th>February p</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></tr><tr><td>Austria</td><td>768</td><td>-6</td><td>-1,018</td><td>70</td><td>36</td><td>85</td><td>2</td><td>28</td><td>-14</td><td>10</td><td>-156</td></tr><tr><td>Belgium</td><td>25,355</td><td>9,886</td><td>-4,795</td><td>5,897</td><td>574</td><td>1,276</td><td>-582</td><td>-633</td><td>-1,102</td><td>146</td><td>-1,007</td></tr><tr><td>Czecho-slovakia</td><td>118</td><td>1</td><td>678</td><td>57,037</td><td>3,880</td><td>5,585</td><td>8,368</td><td>1,469</td><td>193</td><td>-1</td><td>667</td></tr><tr><td>Denmark</td><td>-1,196</td><td>-702</td><td>-4,476</td><td>200</td><td>-2</td><td>250</td><td></td><td></td><td>-1</td><td>-116</td><td></td></tr><tr><td>Finland</td><td>-59</td><td>-37</td><td>-4,476</td><td>200</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>France</td><td>-120,635</td><td>9,543</td><td>5,235</td><td>62,303</td><td>10,637</td><td>2,130</td><td>1,434</td><td>13,090</td><td>6,500</td><td>9,693</td><td>9,579</td></tr><tr><td>Germany, Federal Republic of</td><td>6,596</td><td>3,012</td><td>1,337</td><td>22,749</td><td>2,131</td><td>1,541</td><td>3,144</td><td>557</td><td>1,821</td><td>13,073</td><td>2,923</td></tr><tr><td>Greece</td><td>-514</td><td>61</td><td>-5,715</td><td>276</td><td>18</td><td>33</td><td>8</td><td>124</td><td>37</td><td>-37</td><td>20</td></tr><tr><td>Italy</td><td>422</td><td>672</td><td>1,871</td><td>6,937</td><td>-556</td><td>107</td><td>954</td><td>3,754</td><td>508</td><td>2,030</td><td>3,435</td></tr><tr><td>Netherlands</td><td>-42,427</td><td>39,416</td><td>-7,645</td><td>38,327</td><td>5,730</td><td>4,948</td><td>5,892</td><td>8,321</td><td>6,081</td><td>4,081</td><td>-5,542</td></tr><tr><td>Norway</td><td>37,977</td><td>19,046</td><td>18,303</td><td>24,196</td><td>3,423</td><td>645</td><td>2,099</td><td>3,356</td><td>-213</td><td>-24</td><td>-29</td></tr><tr><td>Poland</td><td>6</td><td>37</td><td>-26</td><td>-9</td><td>-1</td><td></td><td>21</td><td>20</td><td>26</td><td>93</td><td>211</td></tr><tr><td>Portugal</td><td>1,603</td><td>4,434</td><td>2,109</td><td>2,415</td><td>24</td><td>1,489</td><td>-17</td><td>-791</td><td>-21</td><td>153</td><td>6</td></tr><tr><td>Romania</td><td>-1</td><td>-14</td><td>-2,249</td><td>-517</td><td>112</td><td>73</td><td>8</td><td>-791</td><td></td><td></td><td></td></tr><tr><td>Spain</td><td>1,001</td><td>-651</td><td>-2,249</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Sweden</td><td>-47</td><td>6,111</td><td>4,339</td><td>92,384</td><td>10,414</td><td>26,643</td><td>32,916</td><td>165</td><td>565</td><td>782</td><td>-21,483</td></tr><tr><td>Switzerland</td><td>233,999</td><td>98,302</td><td>-32,303</td><td>265,643</td><td>19,086</td><td>36,763</td><td>25,282</td><td>21,937</td><td>19,696</td><td>28,850</td><td>33,056</td></tr><tr><td>Turkey</td><td>-7</td><td>79</td><td>36</td><td>391</td><td>30</td><td>-2</td><td>11</td><td>5</td><td>22</td><td>48</td><td>13</td></tr><tr><td>U.S.S.R.</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United Kingdom</td><td>7,659</td><td>79,027</td><td>-12,228</td><td>143,358</td><td>55,096</td><td>-95</td><td>22,456</td><td>44,822</td><td>15,947</td><td>31,644</td><td>15,247</td></tr><tr><td>Yugoslavia</td><td>120</td><td>-165</td><td>-26</td><td>-2</td><td>-1</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Other Europe</td><td>10,340</td><td>23,161</td><td>-3,624</td><td>23,644</td><td>-411</td><td>-960</td><td>5,411</td><td>5,725</td><td>-9,279</td><td>14,314</td><td>-11,638</td></tr><tr><td>Total Europe</td><td>161,019</td><td>291,273</td><td>-40,197</td><td>745,282</td><td>110,220</td><td>80,281</td><td>107,657</td><td>101,949</td><td>41,018</td><td>104,745</td><td>25,301</td></tr><tr><td>Canada</td><td>-123,507</td><td>-8,357</td><td>-202,213</td><td>80,696</td><td>102,998</td><td>-2,739</td><td>-17,148</td><td>4,557</td><td>1,387</td><td>-1,273</td><td>26,890</td></tr><tr><td>Latin America:</td><td></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>3,066</td><td>1,255</td><td>281</td><td>3,385</td><td>752</td><td>771</td><td>593</td><td>-510</td><td>86</td><td>455</td><td>522</td></tr><tr><td>Bolivia</td><td>492</td><td>-448</td><td>-333</td><td>169</td><td>30</td><td>28</td><td>106</td><td>14</td><td>-15</td><td>62</td><td>-89</td></tr><tr><td>Brazil</td><td>1,832</td><td>869</td><td>-623</td><td>2,147</td><td>270</td><td>832</td><td>523</td><td>63</td><td>316</td><td>1,033</td><td>488</td></tr><tr><td>Chile</td><td>2,260</td><td>963</td><td>-2,671</td><td>-497</td><td>4</td><td>120</td><td>-67</td><td>-396</td><td>118</td><td>329</td><td>131</td></tr><tr><td>Colombia</td><td>1,694</td><td>1,292</td><td>410</td><td>1,934</td><td>24</td><td>239</td><td>84</td><td>31</td><td>33</td><td>91</td><td>91</td></tr><tr><td>Cuba</td><td>9,087</td><td>-8,738</td><td>-68,517</td><td>-2,276</td><td>-269</td><td>-98</td><td>1,232</td><td>152</td><td>-283</td><td>546</td><td>-10</td></tr><tr><td>Dominican Republic</td><td>778</td><td>-20</td><td>232</td><td>379</td><td></td><td></td><td>-102</td><td>27</td><td>7</td><td>63</td><td>-89</td></tr><tr><td>Guatemala</td><td>-29</td><td>408</td><td>1,656</td><td>292</td><td>-61</td><td>-22</td><td>15</td><td>10</td><td>32</td><td>60</td><td>6</td></tr><tr><td>Mexico</td><td>4,723</td><td>2,028</td><td>2,561</td><td>1,322</td><td>-38</td><td>624</td><td>216</td><td>307</td><td>684</td><td>1,673</td><td>1,075</td></tr><tr><td>Netherlands W. Indies and</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Surinam</td><td>3,903</td><td>3,810</td><td>25,526</td><td>19,538</td><td>1,296</td><td>1,935</td><td>1,006</td><td>156</td><td>2,761</td><td>1,911</td><td>1,614</td></tr><tr><td>Panama, Republic of</td><td>-1,789</td><td>524</td><td>-726</td><td>2,912</td><td>-12</td><td>-472</td><td>1,162</td><td>671</td><td>1,836</td><td>381</td><td>1,354</td></tr><tr><td>Peru</td><td>670</td><td>257</td><td>-879</td><td>1,449</td><td>203</td><td>67</td><td>572</td><td>124</td><td>819</td><td>130</td><td></td></tr><tr><td>El Salvador</td><td>-57</td><td>124</td><td>-181</td><td>-256</td><td>50</td><td>41</td><td>29</td><td>-383</td><td>11</td><td>60</td><td>-8</td></tr><tr><td>Uruguay</td><td>3,724</td><td>4,185</td><td>-2,533</td><td>9,511</td><td>612</td><td>1,008</td><td>-93</td><td>1,310</td><td>766</td><td>-1,100</td><td>529</td></tr><tr><td>Venezuela</td><td>3,769</td><td>1,483</td><td>-1,210</td><td>1,841</td><td>1,218</td><td>1,629</td><td>1,682</td><td>-253</td><td>1,374</td><td>1,359</td><td>834</td></tr><tr><td>Other Latin America</td><td>-264</td><td>125</td><td>917</td><td>-1,227</td><td>460</td><td>-55</td><td>167</td><td>704</td><td>-2,703</td><td>-325</td><td>170</td></tr><tr><td>Total Latin America</td><td>33,859</td><td>8,117</td><td>-46,000</td><td>46,785</td><td>4,479</td><td>6,647</td><td>7,125</td><td>2,027</td><td>5,842</td><td>6,683</td><td>6,620</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></tr><tr><td>China Mainland</td><td>153</td><td>219</td><td>-403</td><td>-2</td><td>46</td><td>45</td><td>46</td><td>-47</td><td>-2</td><td>91</td><td>65</td></tr><tr><td>Hong Kong</td><td>5,524</td><td>-2,335</td><td>4,231</td><td>18,454</td><td>-944</td><td>723</td><td>549</td><td>937</td><td>4,466</td><td>1,312</td><td>-535</td></tr><tr><td>India</td><td>43</td><td>-433</td><td>-1,389</td><td>1,044</td><td>5,588</td><td>-8,348</td><td>1,348</td><td>-512</td><td>-867</td><td>10,859</td><td>-428</td></tr><tr><td>Indonesia</td><td>-14,777</td><td>85</td><td>58</td><td>1,156</td><td>32</td><td>9</td><td>10</td><td>9</td><td>1</td><td>2</td><td>3</td></tr><tr><td>Iran</td><td>117</td><td>94</td><td>174</td><td>186</td><td>10</td><td>47</td><td>16</td><td>13</td><td>-18</td><td>-11</td><td>45</td></tr><tr><td>Iraq</td><td>706</td><td>-181</td><td>91</td><td>1,281</td><td>48</td><td>511</td><td>-10</td><td>387</td><td>-190</td><td>-362</td><td>-125</td></tr><tr><td>Japan</td><td>1,096</td><td>-1,694</td><td>-572</td><td>981</td><td>41</td><td>93</td><td>97</td><td>-59</td><td>89</td><td>72</td><td>83</td></tr><tr><td>Korea, Republic of</td><td>15</td><td>2</td><td>-2</td><td>22</td><td>1</td><td>4</td><td>-2</td><td>8</td><td>11</td><td>4</td><td>4</td></tr><tr><td>Philippines</td><td>207</td><td>-756</td><td>-1,993</td><td>505</td><td>1,683</td><td>-97</td><td>-1,427</td><td>7</td><td>3</td><td>53</td><td>6</td></tr><tr><td>Taiwan</td><td>-438</td><td>-439</td><td>-1,091</td><td>-1,357</td><td>3</td><td>10</td><td>-1,107</td><td>7</td><td>6</td><td>2</td><td>-64</td></tr><tr><td>Thailand</td><td>154</td><td>545</td><td>58</td><td>-369</td><td>-3</td><td>24</td><td>-15</td><td>-22</td><td>7</td><td>11</td><td>16</td></tr><tr><td>Other Asia</td><td>6,048</td><td>9,577</td><td>3,542</td><td>21,035</td><td>4,479</td><td>661</td><td>709</td><td>606</td><td>4,534</td><td>5,627</td><td>3,911</td></tr><tr><td>Total Asia</td><td>-1,146</td><td>4,610</td><td>2,704</td><td>42,936</td><td>10,984</td><td>-6,318</td><td>-86</td><td>1,335</td><td>8,040</td><td>17,660</td><td>2,983</td></tr><tr><td>Other countries:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Australia</td><td>191</td><td>-174</td><td>150</td><td>-323</td><td>-1</td><td>-1</td><td>-8</td><td>-96</td><td>-105</td><td>31</td><td>-5</td></tr><tr><td>Belgian Congo</td><td>2</td><td>60</td><td>-48</td><td>45</td><td>-7</td><td>5</td><td>1</td><td>-12</td><td>-9</td><td>2</td><td>7</td></tr><tr><td>Egypt 1/</td><td>-213</td><td>77</td><td>105</td><td>44</td><td></td><td>-11</td><td>1</td><td>7</td><td>11</td><td>14</td><td>-8</td></tr><tr><td>Union of South Africa</td><td>287</td><td>441</td><td>129</td><td>187</td><td>-13</td><td>66</td><td>25</td><td>-11</td><td>2</td><td>17</td><td>3</td></tr><tr><td>All other</td><td>4,114</td><td>3,149</td><td>-786</td><td>18,881</td><td>38</td><td>393</td><td>-88</td><td>-526</td><td>16,261</td><td>11,453</td><td>-184</td></tr><tr><td>Total other countries</td><td>4,381</td><td>3,553</td><td>-450</td><td>18,834</td><td>17</td><td>452</td><td>-69</td><td>-638</td><td>16,160</td><td>11,517</td><td>-187</td></tr><tr><td>International</td><td>81,745</td><td>-157,420</td><td>283,453</td><td>187,023</td><td>50,009</td><td>31,689</td><td>27,716</td><td>17,553</td><td>18,595</td><td>1,278</td><td>15,723</td></tr><tr><td>Grand total</td><td>156,351</td><td>141,776</td><td>-2,703</td><td>1,121,556</td><td>278,707</td><td>110,012</td><td>125,195</td><td>126,783</td><td>91,042</td><td>140,610</td><td>77,330</td></tr></table>
Part of United Arab Republic (Egypt and Syria) since February 1958. Data on transactions by Syria are not available separately, but are included in "Other Asia."
p Preliminary.
April 1960
69
CAPITAL MOVEMENTS
Section II - Summary by Countries
Table 4.- Net Transactions in Long-Term Foreign Securities by Foreigners
(In thousands of dollars; negative figures indicates net sales by foreigners or a net outflow of capital from the United States)
<table><tr><th>Country</th><th colspan="4">Calendar year</th><th colspan="5">1959</th><th colspan="2">1960</th></tr><tr><th></th><th>1956</th><th>1957</th><th>1958</th><th>1959</th><th>August</th><th>September</th><th>October</th><th>November</th><th>December</th><th>January p</th><th>February p</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></tr><tr><td>Austria</td><td>-584</td><td>2,402</td><td>-18,018</td><td>-137</td><td>8</td><td>9</td><td>63</td><td>-294</td><td>7</td><td>-2</td><td>6</td></tr><tr><td>Belgium</td><td>5,955</td><td>602</td><td>21,299</td><td>7,500</td><td>271</td><td>2,155</td><td>1,284</td><td>901</td><td>11,445</td><td>175</td><td>758</td></tr><tr><td>Czechoslovakia</td><td>-13</td><td></td><td>-3</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Denmark</td><td>3,416</td><td>3,387</td><td>3,256</td><td>-13,630</td><td>31</td><td>678</td><td>121</td><td>-7</td><td>152</td><td>-13</td><td>-57</td></tr><tr><td>Finland</td><td>2,202</td><td>288</td><td>5,102</td><td>5,021</td><td></td><td>817</td><td>-66</td><td></td><td>4,302</td><td>-29</td><td></td></tr><tr><td>France</td><td>16,725</td><td>17,602</td><td>18,912</td><td>-93,465</td><td>-1,616</td><td>1,285</td><td>628</td><td>-4,769</td><td>-43,799</td><td>2,217</td><td>2,851</td></tr><tr><td>Germany, Federal Republic of</td><td>19,000</td><td>203,837</td><td>99,082</td><td>47,539</td><td>-235</td><td>28,720</td><td>-684</td><td>-788</td><td>-1,898</td><td>-26,351</td><td>682</td></tr><tr><td>Greece</td><td>2,458</td><td>885</td><td>-912</td><td>-552</td><td>-9</td><td>-550</td><td>1</td><td>-2</td><td></td><td>39</td><td>2</td></tr><tr><td>Italy</td><td>1,065</td><td>4,585</td><td>7,345</td><td>-35,375</td><td>240</td><td>29</td><td>315</td><td>37</td><td>1,028</td><td>1,122</td><td>564</td></tr><tr><td>Netherlands</td><td>-992</td><td>-8,661</td><td>-234,089</td><td>-32,383</td><td>1,581</td><td>3,203</td><td>603</td><td>-6,485</td><td>-3,988</td><td>800</td><td>-2,499</td></tr><tr><td>Norway</td><td>-1,631</td><td>9,065</td><td>-16,325</td><td>1,449</td><td>80</td><td>186</td><td>120</td><td>-2,544</td><td>2,078</td><td>501</td><td>93</td></tr><tr><td>Poland</td><td>3</td><td>-4</td><td>-7</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Portugal</td><td>447</td><td>358</td><td>3,513</td><td>407</td><td>64</td><td>64</td><td>90</td><td>-217</td><td>-152</td><td>4</td><td>161</td></tr><tr><td>Romania</td><td>3</td><td>-5</td><td></td><td>407</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Spain</td><td>390</td><td>66</td><td>-579</td><td>-739</td><td>-3</td><td>-10</td><td>26</td><td>-31</td><td>-816</td><td>78</td><td>-4</td></tr><tr><td>Sweden</td><td>495</td><td>519</td><td>691</td><td>-10,643</td><td>58</td><td>-11,719</td><td>-173</td><td>110</td><td>461</td><td></td><td>-1,393</td></tr><tr><td>Switzerland</td><td>19,594</td><td>27,904</td><td>92,200</td><td>51,384</td><td>-217</td><td>5,897</td><td>1,515</td><td>-210</td><td>11,232</td><td>1,187</td><td>1,885</td></tr><tr><td>Turkey</td><td></td><td>17</td><td>-16</td><td>336</td><td>11</td><td>31</td><td></td><td>3</td><td>10</td><td>3</td><td>-2</td></tr><tr><td>U.S.S.R.</td><td>-59,218</td><td>3,909</td><td>-27,801</td><td>17,726</td><td>-1,043</td><td>8,655</td><td>15,497</td><td>1,203</td><td>4,211</td><td>4,402</td><td>6,186</td></tr><tr><td>United Kingdom</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Yugoslavia</td><td>-250</td><td>35</td><td>24</td><td>500</td><td></td><td>500</td><td></td><td>-184</td><td>-492</td><td>-1,024</td><td>-235</td></tr><tr><td>Other Europe</td><td>-648</td><td>-35,745</td><td>-26,268</td><td>5,318</td><td>-2,921</td><td>1,763</td><td>4,482</td><td></td><td>-492</td><td>-1,024</td><td></td></tr><tr><td>Total Europe</td><td>8,414</td><td>231,066</td><td>-74,072</td><td>-49,714</td><td>-3,700</td><td>41,713</td><td>23,824</td><td>-13,277</td><td>-16,213</td><td>-16,887</td><td>9,004</td></tr><tr><td>Canada</td><td>-44,7162</td><td>-552,227</td><td>-543,274</td><td>-439,464</td><td>-997</td><td>-41,764</td><td>-21,269</td><td>-29,305</td><td>-36,306</td><td>2,359</td><td>-42,696</td></tr><tr><td>Latin America:</td><td></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>-144</td><td>-370</td><td>-442</td><td>-92</td><td>70</td><td>158</td><td>-29</td><td>-22</td><td>-115</td><td>87</td><td>-69</td></tr><tr><td>Bolivia</td><td>21</td><td>292</td><td>69</td><td>24</td><td>6</td><td></td><td></td><td>-1</td><td>2</td><td>3</td><td>1</td></tr><tr><td>Brazil</td><td>6,262</td><td>8,697</td><td>4,979</td><td>7,804</td><td>234</td><td>225</td><td>2,957</td><td>1,343</td><td>563</td><td>383</td><td>98</td></tr><tr><td>Chile</td><td>-152</td><td>913</td><td>2,421</td><td>2,437</td><td>14</td><td>792</td><td>120</td><td>101</td><td>121</td><td>-4</td><td>-13</td></tr><tr><td>Colombia</td><td>1,961</td><td>3,339</td><td>2,421</td><td>2,437</td><td>415</td><td>59</td><td>154</td><td>11</td><td>189</td><td>413</td><td>307</td></tr><tr><td>Cuba</td><td>2,868</td><td>806</td><td>-152</td><td>-588</td><td>8</td><td>331</td><td>-56</td><td>-41</td><td>138</td><td>228</td><td>40</td></tr><tr><td>Dominican Republic</td><td>42</td><td>-350</td><td>-80</td><td>-12</td><td>77</td><td>1</td><td>20</td><td>-58</td><td>21</td><td>24</td><td>-16</td></tr><tr><td>Guatemala</td><td>-68</td><td>-14</td><td>-60</td><td>21</td><td>26</td><td></td><td>1</td><td></td><td>25</td><td>8</td><td>21</td></tr><tr><td>Mexico</td><td>8,067</td><td>13,488</td><td>17,060</td><td>507</td><td>313</td><td>-1,096</td><td>417</td><td>112</td><td>520</td><td>117</td><td>-19,909</td></tr><tr><td>Netherlands W. Indies and Surinam</td><td>3,356</td><td>176</td><td>1,547</td><td>1,790</td><td>356</td><td>262</td><td>723</td><td>1,528</td><td>197</td><td>107</td><td>694</td></tr><tr><td>Paraguay, Republic of</td><td>2,875</td><td>106</td><td>-13,669</td><td>-3,599</td><td>-942</td><td>-98</td><td>-186</td><td>216</td><td>741</td><td>-125</td><td>-381</td></tr><tr><td>Peru</td><td>-974</td><td>-2,310</td><td>-443</td><td>-134</td><td>-53</td><td>-12</td><td>-362</td><td>-101</td><td>-275</td><td>-238</td><td>-132</td></tr><tr><td>El Salvador</td><td>9</td><td>72</td><td>-703</td><td>2,443</td><td></td><td>-499</td><td>12</td><td></td><td>16</td><td></td><td>-8</td></tr><tr><td>Thailand</td><td>580</td><td>-1,632</td><td>3,932</td><td>1,913</td><td>161</td><td>-40</td><td>-97</td><td>-80</td><td>676</td><td>-204</td><td>257</td></tr><tr><td>Venezuela</td><td>-2,055</td><td>-8,045</td><td>253</td><td>1,321</td><td>-561</td><td>432</td><td>103</td><td>260</td><td>577</td><td>-763</td><td>376</td></tr><tr><td>Other Latin America</td><td>-5,554</td><td>95</td><td>-10,266</td><td>-4,905</td><td>120</td><td>616</td><td>-502</td><td>993</td><td>1,992</td><td>140</td><td>-1,687</td></tr><tr><td>Total Latin America</td><td>17,184</td><td>15,109</td><td>4,858</td><td>11,345</td><td>222</td><td>1,131</td><td>3,366</td><td>4,251</td><td>5,399</td><td>176</td><td>-20,421</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></tr><tr><td>China Mainland</td><td>70</td><td>-103</td><td>8</td><td>59</td><td></td><td>-24</td><td>-21</td><td>55</td><td>3</td><td>-15</td><td>-65</td></tr><tr><td>Hong Kong</td><td>3,205</td><td>14,490</td><td>28,318</td><td>15,289</td><td>309</td><td>1,252</td><td>549</td><td>3,072</td><td>899</td><td>3</td><td>-9</td></tr><tr><td>India</td><td>-331</td><td>72</td><td>-50</td><td>151</td><td></td><td>14</td><td>6</td><td>137</td><td></td><td>2</td><td>24</td></tr><tr><td>Indonesia</td><td>143</td><td>72</td><td>-42</td><td>24</td><td></td><td>12</td><td>8</td><td></td><td></td><td>13</td><td>1</td></tr><tr><td>Iran</td><td>19</td><td>-5</td><td>1,015</td><td>-30</td><td>4</td><td></td><td></td><td>-3</td><td>-4</td><td></td><td></td></tr><tr><td>Israel</td><td>-53,088</td><td>-50,564</td><td>-46,677</td><td>-50,536</td><td>-1,533</td><td>-885</td><td>-3,086</td><td>-6,575</td><td>-9,239</td><td>-6,207</td><td>-2,884</td></tr><tr><td>Japan</td><td>-54</td><td>677</td><td>598</td><td>-32,736</td><td>2</td><td>64</td><td>4</td><td>63</td><td>-1,681</td><td>71</td><td>1</td></tr><tr><td>Korea, Republic of</td><td></td><td>10</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Philippines</td><td>245</td><td>659</td><td>-693</td><td>1,782</td><td>2</td><td>26,9</td><td>1,327</td><td>70</td><td>90</td><td>99</td><td>109</td></tr><tr><td>Taiwan</td><td>450</td><td>-25</td><td>-52</td><td>-370</td><td></td><td>24</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Thailand</td><td>1,308</td><td>-525</td><td>-185</td><td>-955</td><td></td><td>-250</td><td>1,303</td><td>-2,774</td><td>-1,448</td><td>-281</td><td>25</td></tr><tr><td>Other Asia</td><td>8,071</td><td>-9,874</td><td>-27,167</td><td>-29,326</td><td>-955</td><td>2,794</td><td>1,803</td><td></td><td></td><td></td><td></td></tr><tr><td>Total Asia</td><td>-39,962</td><td>-45,188</td><td>-44,843</td><td>-96,654</td><td>-2,171</td><td>3,250</td><td>599</td><td>-5,954</td><td>-11,380</td><td>-6,320</td><td>-2,816</td></tr><tr><td>Other countries</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Australia</td><td>-23,709</td><td>6,051</td><td>-44,434</td><td>-18,166</td><td>303</td><td>-22,330</td><td>311</td><td>80</td><td>540</td><td>432</td><td>314</td></tr><tr><td>Belgian Congo</td><td>8</td><td>283</td><td>-16,099</td><td>-6</td><td>-8</td><td>1</td><td></td><td>1</td><td></td><td></td><td>2</td></tr><tr><td>Egypt</td><td>-1</td><td>-308</td><td>-356</td><td></td><td></td><td>-370</td><td></td><td>2</td><td>1</td><td></td><td></td></tr><tr><td>Union of South Africa</td><td>469</td><td>5,633</td><td>-66,917</td><td>9,067</td><td>515</td><td>541</td><td>-89</td><td>208</td><td>3,183</td><td>213</td><td>585</td></tr><tr><td>All other</td><td>6,805</td><td>1,221</td><td>-22,175</td><td>-5,554</td><td>53</td><td>724</td><td>-32</td><td>38</td><td>-1,768</td><td>38</td><td>2</td></tr><tr><td>Total other countries</td><td>-16,428</td><td>12,880</td><td>-149,625</td><td>-15,015</td><td>863</td><td>-21,434</td><td>190</td><td>329</td><td>1,956</td><td>683</td><td>907</td></tr><tr><td>International</td><td>-33,130</td><td>-383,783</td><td>-559,576</td><td>-156,583</td><td>-175</td><td>-34,243</td><td>-6,908</td><td>-5,647</td><td>-303</td><td>29,359</td><td>-100,720</td></tr><tr><td>Grand total</td><td>-511,084</td><td>-722,143</td><td>-1,362,532</td><td>-746,185</td><td>-5,958</td><td>-51,347</td><td>-204</td><td>-49,603</td><td>-56,847</td><td>9,370</td><td>-156,770</td></tr></table>
Part of United Arab Republic (Egypt and Syria) since February 1958. Data on transactions by Syria are not available separately, but are included in "Other Asia."
p Preliminary.
70
Treasury Bulletin
CAPITAL MOVEMENTS
Section III - Preliminary Details by Countries
Table 1.- Short-Term Banking Liabilities to Foreigners as of February 29, 1960
(Position in thousands of dollars)
<table><tr><th>Country</th><th>Total short-term liabilities</th><th colspan="3">To foreign banks and official institutions</th><th colspan="3">To all other foreigners</th><th>Short-term liabilities payable in foreign currencies</th></tr><tr><th></th><th></th><th>Total</th><th>Deposits</th><th>U.S. Treasury bills and certificates</th><th>Other</th><th>Total</th><th>Deposits</th><th>U.S. Treasury bills and certificates</th><th>Other</th></tr><tr><td>Europe:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Austria</td><td>299,827</td><td>297,829</td><td>135,506</td><td>143,658</td><td>18,665</td><td>1,998</td><td>1,425</td><td>500</td><td>83</td></tr><tr><td>Belgium</td><td>137,336</td><td>89,290</td><td>43,320</td><td>11,242</td><td>34,727</td><td>47,851</td><td>36,865</td><td>1,388</td><td>9,598</td></tr><tr><td>Czechoslovakia</td><td>688</td><td>380</td><td>375</td><td></td><td>5</td><td>308</td><td>308</td><td></td><td></td></tr><tr><td>Denmark</td><td>112,232</td><td>103,111</td><td>16,348</td><td>85,440</td><td>3,323</td><td>9,113</td><td>7,047</td><td>1,803</td><td>263</td></tr><tr><td>Finland</td><td>89,621</td><td>88,439</td><td>7,818</td><td>76,888</td><td>3,733</td><td>1,182</td><td>1,182</td><td></td><td>8</td></tr><tr><td>France</td><td>675,313</td><td>621,759</td><td>213,845</td><td>363,294</td><td>47,620</td><td>50,007</td><td>44,319</td><td>2,796</td><td>2,892</td></tr><tr><td>Germany, Federal Republic of</td><td>1,908,224</td><td>1,883,849</td><td>242,895</td><td>1,395,080</td><td>245,874</td><td>23,812</td><td>17,608</td><td>3,365</td><td>2,841</td></tr><tr><td>Greece</td><td>196,800</td><td>184,324</td><td>20,756</td><td>163,500</td><td>68</td><td>12,476</td><td>12,476</td><td></td><td>34</td></tr><tr><td>Italy</td><td>1,244,919</td><td>1,212,418</td><td>128,689</td><td>912,954</td><td>170,754</td><td>32,467</td><td>22,687</td><td>6,384</td><td>2,396</td></tr><tr><td>Netherlands</td><td>497,113</td><td>497,555</td><td>100,238</td><td>254,402</td><td>102,915</td><td>35,539</td><td>14,960</td><td>17,491</td><td>3,088</td></tr><tr><td>Norway</td><td>93,590</td><td>53,875</td><td>42,056</td><td>7,363</td><td>4,456</td><td>39,535</td><td>37,878</td><td>1,496</td><td>161</td></tr><tr><td>Poland</td><td>93,334</td><td>3,951</td><td>3,553</td><td></td><td>398</td><td>383</td><td>366</td><td>17</td><td>180</td></tr><tr><td>Portugal</td><td>130,916</td><td>85,289</td><td>69,895</td><td>1,100</td><td>14,294</td><td>45,601</td><td>43,911</td><td>50</td><td>1,640</td></tr><tr><td>Rumania</td><td>802</td><td>370</td><td>370</td><td></td><td></td><td>432</td><td>432</td><td></td><td>26</td></tr><tr><td>Spain</td><td>98,749</td><td>82,229</td><td>81,539</td><td></td><td>690</td><td>16,313</td><td>15,950</td><td>34</td><td>329</td></tr><tr><td>Sweden</td><td>136,354</td><td>188,629</td><td>50,007</td><td>105,680</td><td>32,942</td><td>7,199</td><td>6,918</td><td>275</td><td>6</td></tr><tr><td>Switzerland</td><td>942,825</td><td>778,901</td><td>235,408</td><td>150,812</td><td>392,681</td><td>160,063</td><td>76,880</td><td>24,849</td><td>58,334</td></tr><tr><td>Turkey</td><td>34,835</td><td>28,755</td><td>28,724</td><td></td><td>21</td><td>6,080</td><td>1,807</td><td>3</td><td>4,270</td></tr><tr><td>U.S.S.R.</td><td>2,179</td><td>1,816</td><td>1,749</td><td></td><td>97</td><td>333</td><td>333</td><td></td><td></td></tr><tr><td>United Kingdom</td><td>1,142,232</td><td>798,896</td><td>450,999</td><td>268,308</td><td>73,569</td><td>310,188</td><td>138,823</td><td>93,672</td><td>77,673</td></tr><tr><td>Yugoslavia</td><td>10,426</td><td>9,709</td><td>9,365</td><td></td><td>344</td><td>717</td><td>717</td><td></td><td>33,168</td></tr><tr><td>Other Europe</td><td>513,024</td><td>494,897</td><td>43,027</td><td>291,236</td><td>160,634</td><td>18,106</td><td>9,192</td><td>4,271</td><td>41</td></tr><tr><td>Total Europe</td><td>8,331,339</td><td>7,469,261</td><td>1,930,492</td><td>4,730,979</td><td>1,307,790</td><td>819,705</td><td>493,094</td><td>158,394</td><td>168,217</td></tr><tr><td>Canada</td><td>2,269,906</td><td>2,002,412</td><td>1,479,252</td><td>476,874</td><td>46,296</td><td>257,685</td><td>183,320</td><td>39,302</td><td>35,063</td></tr><tr><td>Latin America</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td>9,809</td></tr><tr><td>Argentina</td><td>379,851</td><td>308,422</td><td>125,227</td><td>159,049</td><td>24,146</td><td>71,408</td><td>68,896</td><td>271</td><td>2,241</td></tr><tr><td>Bolivia</td><td>23,151</td><td>7,324</td><td>7,317</td><td></td><td>7</td><td>15,827</td><td>15,513</td><td>29</td><td>295</td></tr><tr><td>Brazil</td><td>163,947</td><td>157,551</td><td>51,278</td><td>75</td><td>5,139</td><td>107,322</td><td>97,282</td><td>2,304</td><td>7,757</td></tr><tr><td>Chile</td><td>158,505</td><td>107,392</td><td>107,265</td><td></td><td>166</td><td>51,112</td><td>50,637</td><td>257</td><td>418</td></tr><tr><td>Colombia</td><td>231,791</td><td>168,870</td><td>156,134</td><td>200</td><td>12,476</td><td>62,921</td><td>61,865</td><td>6</td><td>1,050</td></tr><tr><td>Cuba</td><td>151,203</td><td>59,359</td><td>47,770</td><td>10,192</td><td>1,397</td><td>91,737</td><td>82,640</td><td>130</td><td>8,967</td></tr><tr><td>Dominican Republic</td><td>35,323</td><td>4,796</td><td>4,604</td><td>80</td><td>112</td><td>30,527</td><td>29,505</td><td></td><td>1,022</td></tr><tr><td>Guatemala</td><td>51,677</td><td>34,824</td><td>13,831</td><td>11,400</td><td>9,593</td><td>16,853</td><td>16,662</td><td></td><td>191</td></tr><tr><td>Mexico</td><td>420,920</td><td>292,225</td><td>279,286</td><td>11,300</td><td>1,639</td><td>128,261</td><td>122,298</td><td>3,563</td><td>2,400</td></tr><tr><td>Netherlands W. Indies and Surinam</td><td>83,431</td><td>37,698</td><td>11,489</td><td>18,361</td><td>7,848</td><td>45,733</td><td>14,539</td><td>8,516</td><td>22,678</td></tr><tr><td>Panama, Republic of</td><td>125,238</td><td>26,911</td><td>26,656</td><td></td><td>255</td><td>98,327</td><td>60,530</td><td>5,780</td><td>32,017</td></tr><tr><td>Peru</td><td>69,731</td><td>25,456</td><td>25,218</td><td>3,700</td><td>238</td><td>44,270</td><td>41,138</td><td>999</td><td>2,133</td></tr><tr><td>El Salvador</td><td>35,116</td><td>16,212</td><td>9,139</td><td></td><td>3,319</td><td>18,950</td><td>18,450</td><td></td><td>454</td></tr><tr><td>Uruguay</td><td>67,792</td><td>31,395</td><td>27,587</td><td>405</td><td>3,593</td><td>35,905</td><td>26,632</td><td>2,108</td><td>7,165</td></tr><tr><td>Venezuela</td><td>208,575</td><td>62,065</td><td>61,856</td><td>10</td><td>199</td><td>146,268</td><td>140,271</td><td>1,810</td><td>4,167</td></tr><tr><td>Other Latin America</td><td>170,591</td><td>97,704</td><td>77,712</td><td>12,570</td><td>7,422</td><td>72,218</td><td>67,656</td><td>2,078</td><td>2,484</td></tr><tr><td>Total Latin America</td><td>2,376,842</td><td>1,337,694</td><td>1,032,764</td><td>227,342</td><td>77,588</td><td>1,037,594</td><td>914,314</td><td>27,851</td><td>95,429</td></tr><tr><td>Asia:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td>1,554</td></tr><tr><td>China Mainland</td><td>35,588</td><td>29,410</td><td>29,213</td><td></td><td>197</td><td>6,178</td><td>6,178</td><td></td><td></td></tr><tr><td>Hong Kong</td><td>60,807</td><td>33,424</td><td>25,680</td><td>76,567</td><td>7,744</td><td>27,271</td><td>26,338</td><td>445</td><td>488</td></tr><tr><td>India</td><td>90,430</td><td>78,786</td><td>19,812</td><td>77,354</td><td>2,777</td><td>11,435</td><td>11,435</td><td></td><td>209</td></tr><tr><td>Indonesia</td><td>152,811</td><td>151,264</td><td>73,506</td><td></td><td>404</td><td>1,547</td><td>1,547</td><td></td><td></td></tr><tr><td>Iran</td><td>43,190</td><td>39,209</td><td>36,064</td><td></td><td>3,145</td><td>3,981</td><td>3,981</td><td></td><td></td></tr><tr><td>Israel</td><td>87,134</td><td>83,161</td><td>20,052</td><td>52,093</td><td>11,016</td><td>4,033</td><td>4,033</td><td></td><td></td></tr><tr><td>Japan</td><td>1,291,441</td><td>1,276,811</td><td>652,459</td><td>574,440</td><td>49,912</td><td>14,608</td><td>13,900</td><td>180</td><td>528</td></tr><tr><td>Korea, Republic of</td><td>144,934</td><td>142,286</td><td>98,485</td><td>41,300</td><td>2,501</td><td>2,648</td><td>2,648</td><td></td><td>22</td></tr><tr><td>Philippines</td><td>176,771</td><td>157,439</td><td>126,538</td><td>19,039</td><td>11,862</td><td>19,289</td><td>18,898</td><td>346</td><td>45</td></tr><tr><td>Taiwan</td><td>95,199</td><td>87,747</td><td>85,232</td><td>130</td><td>2,385</td><td>7,452</td><td>7,026</td><td>426</td><td>43</td></tr><tr><td>Thailand</td><td>142,071</td><td>138,845</td><td>27,236</td><td>106,800</td><td>4,809</td><td>3,225</td><td>3,225</td><td></td><td>1</td></tr><tr><td>Other Asia</td><td>458,263</td><td>427,052</td><td>139,779</td><td>251,366</td><td>35,907</td><td>30,971</td><td>28,556</td><td>138</td><td>2,277</td></tr><tr><td>Total Asia</td><td>2,778,699</td><td>2,645,434</td><td>1,334,086</td><td>1,179,089</td><td>132,259</td><td>132,638</td><td>127,765</td><td>1,535</td><td>3,338</td></tr><tr><td>Other countries</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td>627</td></tr><tr><td>Australia</td><td>115,400</td><td>111,137</td><td>31,439</td><td>71,900</td><td>7,798</td><td>3,260</td><td>3,128</td><td>132</td><td>1,003</td></tr><tr><td>Belgian Congo</td><td>34,461</td><td>33,500</td><td>13,806</td><td>4,070</td><td>15,634</td><td>361</td><td>901</td><td></td><td>60</td></tr><tr><td>Egypt</td><td>38,185</td><td>36,960</td><td>20,475</td><td>15,686</td><td>779</td><td>1,211</td><td>1,111</td><td></td><td>100</td></tr><tr><td>Union of South Africa</td><td>56,639</td><td>54,334</td><td>25,268</td><td>26,000</td><td>3,066</td><td>1,979</td><td>1,977</td><td></td><td>326</td></tr><tr><td>All other</td><td>152,425</td><td>124,082</td><td>89,162</td><td>20,398</td><td>14,522</td><td>27,796</td><td>24,099</td><td>819</td><td>2,878</td></tr><tr><td>Total other countries</td><td>397,110</td><td>359,993</td><td>180,150</td><td>138,054</td><td>41,789</td><td>35,207</td><td>31,216</td><td>951</td><td>3,040</td></tr><tr><td>International</td><td>3,285,256</td><td>3,285,225</td><td>107,829</td><td>3,174,826</td><td>2,570</td><td>31</td><td>1</td><td>30</td><td></td></tr><tr><td>Grand total</td><td>19,439,252</td><td>17,100,019</td><td>6,064,572</td><td>9,427,164</td><td>1,608,282</td><td>2,282,860</td><td>1,743,710</td><td>228,063</td><td>305,087</td></tr></table>
1/ Part of United Arab Republic (Egypt and Syria) since February 1958. Data on liabilities to Syria are reported annually and appear in Section IV, Table 5.
April 1960
7
CAPITAL MOVEMENTS
Section III - Preliminary Details by Countries
Table 2.- Short-Term Banking Claims on Foreigners as of February 29, 1960
(Position in thousands of dollars)
<table><tr><th>Country</th><th>Total short-term claims</th><th colspan="3">Loans to:</th><th>Collections outstanding for own account and domestic customers</th><th>Other</th><th colspan="3">Short-term claims payable in foreign currencies</th></tr><tr><th></th><th></th><th>Total</th><th>Foreign banks and official institutions</th><th>Other</th><th></th><th></th><th>Total</th><th>Deposite of reporting banks and domestic customers with foreigners</th><th>Other</th></tr><tr><td>Europe:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Austria</td><td>2,572</td><td>2,444</td><td>415</td><td>108</td><td>1,241</td><td>680</td><td>128</td><td>128</td><td>3</td></tr><tr><td>Belgium</td><td>52,796</td><td>51,866</td><td>37,204</td><td>5,087</td><td>9,131</td><td>444</td><td>930</td><td>927</td><td>3</td></tr><tr><td>Czechoslovakia</td><td>1,410</td><td>1,410</td><td>1,392</td><td>-</td><td>18</td><td>-</td><td>18</td><td>-</td><td>-</td></tr><tr><td>Denmark</td><td>14,574</td><td>14,120</td><td>549</td><td>1,644</td><td>2,134</td><td>9,796</td><td>451</td><td>451</td><td>-</td></tr><tr><td>Finland</td><td>8,555</td><td>8,553</td><td>31</td><td>166</td><td>1,496</td><td>6,860</td><td>2</td><td>2</td><td>-</td></tr><tr><td>France</td><td>37,849</td><td>36,049</td><td>5,048</td><td>3,126</td><td>10,616</td><td>17,257</td><td>1,800</td><td>1,790</td><td>10</td></tr><tr><td>Germany, Federal Republic of</td><td>51,364</td><td>45,255</td><td>17,991</td><td>2,126</td><td>21,439</td><td>3,739</td><td>6,109</td><td>5,913</td><td>136</td></tr><tr><td>Greece</td><td>3,439</td><td>3,131</td><td>299</td><td>53</td><td>2,683</td><td>96</td><td>308</td><td>-</td><td>308</td></tr><tr><td>Italy</td><td>40,683</td><td>39,562</td><td>13,481</td><td>7,574</td><td>11,653</td><td>6,854</td><td>1,121</td><td>888</td><td>233</td></tr><tr><td>Netherlands</td><td>25,968</td><td>23,168</td><td>2,516</td><td>4,407</td><td>13,278</td><td>2,967</td><td>2,800</td><td>2,662</td><td>138</td></tr><tr><td>Norway</td><td>7,041</td><td>6,331</td><td>69</td><td>606</td><td>4,492</td><td>1,164</td><td>710</td><td>570</td><td>140</td></tr><tr><td>Poland</td><td>3,348</td><td>3,348</td><td>-</td><td>458</td><td>2,183</td><td>707</td><td>-</td><td>81</td><td>-</td></tr><tr><td>Portugal</td><td>1,674</td><td>1,599</td><td>22</td><td>26</td><td>1,447</td><td>98</td><td>81</td><td>81</td><td>1</td></tr><tr><td>Romania</td><td>5,775</td><td>5,455</td><td>1,374</td><td>649</td><td>456</td><td>2,976</td><td>320</td><td>272</td><td>48</td></tr><tr><td>Spain</td><td>16,700</td><td>15,398</td><td>395</td><td>6,373</td><td>6,243</td><td>2,387</td><td>1,302</td><td>1,195</td><td>107</td></tr><tr><td>Sweden</td><td>38,816</td><td>29,880</td><td>10,892</td><td>10,807</td><td>4,239</td><td>3,942</td><td>8,926</td><td>8,891</td><td>45</td></tr><tr><td>Switzerland</td><td>65,520</td><td>65,510</td><td>62,281</td><td>-</td><td>3,229</td><td>-</td><td>10</td><td>10</td><td>-</td></tr><tr><td>Turkey</td><td>140,631</td><td>35,634</td><td>18,650</td><td>1,288</td><td>14,613</td><td>1,083</td><td>104,997</td><td>79,035</td><td>25,962</td></tr><tr><td>U.S.S.R.</td><td>8,090</td><td>8,090</td><td>4,384</td><td>2</td><td>3,313</td><td>391</td><td>35</td><td>35</td><td>-</td></tr><tr><td>Yugoslavia</td><td>11,362</td><td>10,957</td><td>6,214</td><td>2,324</td><td>2,419</td><td>-</td><td>405</td><td>365</td><td>40</td></tr><tr><td>Other Europe</td><td>538,167</td><td>407,757</td><td>183,167</td><td>46,824</td><td>116,325</td><td>61,441</td><td>130,410</td><td>103,180</td><td>27,230</td></tr><tr><td>Total Europe</td><td>234,102</td><td>188,883</td><td>8,142</td><td>156,802</td><td>7,912</td><td>16,027</td><td>45,219</td><td>41,544</td><td>3,675</td></tr><tr><td>Central America</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>64,017</td><td>38,958</td><td>5,488</td><td>4,657</td><td>17,110</td><td>11,703</td><td>25,059</td><td>25,050</td><td>9</td></tr><tr><td>Bolivia</td><td>3,333</td><td>3,333</td><td>48</td><td>98</td><td>3,186</td><td>1</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Brazil</td><td>150,474</td><td>150,256</td><td>52,981</td><td>19,162</td><td>18,445</td><td>59,668</td><td>218</td><td>7</td><td>211</td></tr><tr><td>Chile</td><td>57,323</td><td>57,300</td><td>15,353</td><td>16,270</td><td>12,953</td><td>14,724</td><td>20</td><td>4</td><td>19</td></tr><tr><td>Colombia</td><td>70,108</td><td>70,083</td><td>6,105</td><td>9,113</td><td>26,039</td><td>28,826</td><td>25</td><td>25</td><td>-</td></tr><tr><td>Cuba</td><td>83,120</td><td>83,011</td><td>41,776</td><td>3,723</td><td>28,584</td><td>8,928</td><td>109</td><td>60</td><td>49</td></tr><tr><td>Dominican Republic</td><td>27,312</td><td>27,305</td><td>6,862</td><td>4,641</td><td>4,197</td><td>11,605</td><td>7</td><td>7</td><td>-</td></tr><tr><td>Guatemala</td><td>12,786</td><td>12,772</td><td>2,607</td><td>2,207</td><td>5,764</td><td>2,184</td><td>14</td><td>14</td><td>14</td></tr><tr><td>Mexico</td><td>257,355</td><td>254,335</td><td>98,498</td><td>61,004</td><td>29,448</td><td>65,385</td><td>3,020</td><td>2,663</td><td>357</td></tr><tr><td>Netherlands W. Indies and Surinam</td><td>4,551</td><td>4,550</td><td>1,610</td><td>921</td><td>2,012</td><td>7</td><td>1</td><td>1</td><td>1</td></tr><tr><td>Panama, Republic of</td><td>19,040</td><td>18,654</td><td>311</td><td>11,399</td><td>3,792</td><td>3,158</td><td>386</td><td>23</td><td>386</td></tr><tr><td>Peru</td><td>37,759</td><td>37,753</td><td>816</td><td>3,985</td><td>17,387</td><td>15,547</td><td>24</td><td>1</td><td>1</td></tr><tr><td>El Salvador</td><td>5,343</td><td>5,343</td><td>21</td><td>434</td><td>3,685</td><td>1,203</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Uruguay</td><td>46,017</td><td>46,010</td><td>23,869</td><td>3,101</td><td>1,277</td><td>17,763</td><td>7</td><td>7</td><td>-</td></tr><tr><td>Venezuela</td><td>345,550</td><td>343,121</td><td>94,517</td><td>49,236</td><td>43,959</td><td>149,409</td><td>2,429</td><td>223</td><td>2,206</td></tr><tr><td>Other Latin America</td><td>56,073</td><td>55,877</td><td>4,591</td><td>12,014</td><td>27,544</td><td>11,728</td><td>196</td><td>195</td><td>1</td></tr><tr><td>Total Latin America</td><td>1,240,161</td><td>1,208,643</td><td>355,453</td><td>199,369</td><td>251,382</td><td>401,839</td><td>31,518</td><td>28,257</td><td>3,261</td></tr><tr><td>Asia:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>China Mainland</td><td>2,492</td><td>2,487</td><td>2,475</td><td>1,756</td><td>12</td><td>19</td><td>5</td><td>5</td><td>13</td></tr><tr><td>Hong Kong</td><td>11,769</td><td>11,706</td><td>7,601</td><td>1,756</td><td>2,330</td><td>19</td><td>43</td><td>30</td><td>13</td></tr><tr><td>India</td><td>5,781</td><td>5,515</td><td>802</td><td>56</td><td>3,078</td><td>1,579</td><td>266</td><td>263</td><td>3</td></tr><tr><td>Indonesia</td><td>169</td><td>164</td><td>6</td><td>56</td><td>158</td><td>-</td><td>5</td><td>5</td><td>5</td></tr><tr><td>Iraq</td><td>29,681</td><td>29,681</td><td>801</td><td>-</td><td>28,668</td><td>156</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Israel</td><td>17,312</td><td>17,312</td><td>1,096</td><td>543</td><td>2,448</td><td>13,225</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Japan</td><td>371,508</td><td>371,499</td><td>115,483</td><td>1,014</td><td>58,450</td><td>196,552</td><td>9</td><td>9</td><td>-</td></tr><tr><td>Korea, Republic of</td><td>2,039</td><td>2,039</td><td>115</td><td>-</td><td>1,924</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Philippines</td><td>17,555</td><td>17,549</td><td>15,088</td><td>157</td><td>1,715</td><td>559</td><td>6</td><td>2</td><td>4</td></tr><tr><td>Taiwan</td><td>9,352</td><td>9,352</td><td>6,441</td><td>-</td><td>430</td><td>2,481</td><td>6</td><td>6</td><td>6</td></tr><tr><td>Thailand</td><td>12,452</td><td>12,452</td><td>8,314</td><td>427</td><td>2,065</td><td>1,666</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other Asia</td><td>145,984</td><td>145,520</td><td>127,241</td><td>1,695</td><td>15,901</td><td>1,683</td><td>464</td><td>181</td><td>83</td></tr><tr><td>Total Asia</td><td>626,074</td><td>625,276</td><td>285,463</td><td>5,704</td><td>117,209</td><td>216,900</td><td>798</td><td>690</td><td>109</td></tr><tr><td>Other countries</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Australia</td><td>15,978</td><td>14,611</td><td>423</td><td>7</td><td>7,488</td><td>6,693</td><td>1,367</td><td>599</td><td>768</td></tr><tr><td>Belgian Congo</td><td>3,043</td><td>2,998</td><td>78</td><td>-</td><td>2,887</td><td>33</td><td>45</td><td>3</td><td>42</td></tr><tr><td>Egypt</td><td>1,766</td><td>1,730</td><td>591</td><td>625</td><td>426</td><td>88</td><td>36</td><td>36</td><td>-</td></tr><tr><td>Union of South Africa</td><td>10,807</td><td>10,541</td><td>7</td><td>1,131</td><td>8,865</td><td>538</td><td>266</td><td>233</td><td>27</td></tr><tr><td>All other</td><td>21,309</td><td>20,704</td><td>2,036</td><td>4,794</td><td>13,387</td><td>557</td><td>605</td><td>143</td><td>462</td></tr><tr><td>Total other countries</td><td>52,903</td><td>50,584</td><td>3,135</td><td>6,487</td><td>33,053</td><td>7,909</td><td>2,319</td><td>1,020</td><td>1,299</td></tr><tr><td>International</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Grand total</td><td>2,691,407</td><td>2,481,143</td><td>853,360</td><td>415,786</td><td>525,881</td><td>704,116</td><td>210,264</td><td>174,691</td><td>35,579</td></tr></table>
Part of United Arab Republic (Egypt and Syria) since February 1958. Date on claims on Syria are not available separately, but are included in "Other Asia."
72
Treasury Bulletin
CAPITAL MOVEMENTS
Section III - Preliminary Details by Countries
Table 3.- Purchases and Sales of Long-Term Securities by Foreigners During February 1960
(In thousands of dollars)
<table><tr><th rowspan="2">Country</th><th rowspan="2">Total purchases</th><th colspan="4">Purchases by foreigners</th><th colspan="4">Sales by foreigners</th></tr><tr><th>U.S. Government bonds and notes</th><th>Corporate and other Bonds</th><th>Stocks</th><th>Bonde</th><th>Stocks</th><th>Total sales</th><th>U.S. Government bonds and notes</th><th>Corporate and other Bonds</th><th>Stocks</th><th>Bonde</th><th>Stocks</th></tr><tr><td>Europa:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Austria</td><td>113</td><td>7</td><td>-</td><td>97</td><td>4</td><td>5</td><td>263</td><td>200</td><td>305</td><td>2,477</td><td>532</td><td>156</td></tr><tr><td>Belgium</td><td>3,731</td><td>-</td><td>298</td><td>1,987</td><td>1,124</td><td>322</td><td>3,380</td><td>510</td><td>-</td><td>109</td><td>71</td><td>3</td></tr><tr><td>Czeboslovakia</td><td>-</td><td>-</td><td>25</td><td>751</td><td>14</td><td>3</td><td>189</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Denmark</td><td>799</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Finland</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>France</td><td>21,610</td><td>2,657</td><td>2,269</td><td>10,902</td><td>4,546</td><td>1,236</td><td>9,180</td><td>433</td><td>477</td><td>5,339</td><td>1,623</td><td>1,308</td></tr><tr><td>Germany, Federal Republic of</td><td>9,944</td><td>30</td><td>409</td><td>3,608</td><td>4,500</td><td>1,397</td><td>6,340</td><td>50</td><td>487</td><td>588</td><td>3,707</td><td>1,508</td></tr><tr><td>Greece</td><td>81</td><td>-</td><td>-</td><td>79</td><td>-</td><td>2</td><td>59</td><td>21</td><td>48</td><td>38</td><td>10</td><td>49</td></tr><tr><td>Italy</td><td>5,105</td><td>40</td><td>15</td><td>4,427</td><td>535</td><td>88</td><td>1,106</td><td>35</td><td>60</td><td>952</td><td>10</td><td>13</td></tr><tr><td>Netherlands</td><td>15,429</td><td>666</td><td>4,073</td><td>4,705</td><td>1,811</td><td>4,174</td><td>23,464</td><td>626</td><td>4,036</td><td>10,324</td><td>478</td><td>8,000</td></tr><tr><td>Norway</td><td>1,097</td><td>166</td><td>216</td><td>536</td><td>135</td><td>44</td><td>1,033</td><td>108</td><td>192</td><td>647</td><td>51</td><td>35</td></tr><tr><td>Poland</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Portugal</td><td>527</td><td>-</td><td>35</td><td>261</td><td>226</td><td>5</td><td>155</td><td>4</td><td>-</td><td>81</td><td>57</td><td>13</td></tr><tr><td>Rumania</td><td>141</td><td>-</td><td>-</td><td>112</td><td>18</td><td>11</td><td>139</td><td>-</td><td>-</td><td>106</td><td>3</td><td>25</td></tr><tr><td>Spain</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Sweden</td><td>2,627</td><td>910</td><td>733</td><td>311</td><td>671</td><td>2</td><td>25,503</td><td>22,000</td><td>1,177</td><td>260</td><td>2,064</td><td>2</td></tr><tr><td>Switzerland</td><td>85,870</td><td>5,315</td><td>7,355</td><td>63,361</td><td>7,166</td><td>2,673</td><td>50,929</td><td>6,123</td><td>1,877</td><td>34,975</td><td>4,979</td><td>2,975</td></tr><tr><td>Turkey</td><td>16</td><td>-</td><td>-</td><td>16</td><td>-</td><td>-</td><td>5</td><td>-</td><td>-</td><td>3</td><td>-</td><td>2</td></tr><tr><td>U.S.S.R.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>United Kingdom</td><td>83,822</td><td>48,178</td><td>1,023</td><td>22,458</td><td>2,557</td><td>9,606</td><td>62,389</td><td>26,947</td><td>833</td><td>28,632</td><td>2,286</td><td>3,691</td></tr><tr><td>Yugoslavia</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other Europe</td><td>1,802</td><td>319</td><td>425</td><td>1,022</td><td>22</td><td>13</td><td>13,675</td><td>12,500</td><td>326</td><td>579</td><td>210</td><td>60</td></tr><tr><td>Total Europe</td><td>232,708</td><td>58,288</td><td>16,876</td><td>114,634</td><td>23,329</td><td>19,581</td><td>198,403</td><td>69,557</td><td>9,770</td><td>85,170</td><td>16,076</td><td>17,830</td></tr><tr><td>Canada</td><td>120,572</td><td>34,758</td><td>16,334</td><td>20,380</td><td>29,220</td><td>19,880</td><td>136,376</td><td>9,603</td><td>14,059</td><td>20,920</td><td>74,700</td><td>17,094</td></tr><tr><td>Latin 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></tr><tr><td>Argentina</td><td>1,730</td><td>20</td><td>20</td><td>1,590</td><td>64</td><td>36</td><td>1,277</td><td>14</td><td>31</td><td>1,063</td><td>104</td><td>65</td></tr><tr><td>Bolivia</td><td>52</td><td>-</td><td>-</td><td>48</td><td>-</td><td>4</td><td>140</td><td>-</td><td>5</td><td>132</td><td>3</td><td>-</td></tr><tr><td>Brazil</td><td>1,517</td><td>4</td><td>241</td><td>1,144</td><td>122</td><td>6</td><td>991</td><td>1</td><td>135</td><td>765</td><td>22</td><td>8</td></tr><tr><td>Chile</td><td>663</td><td>-</td><td>18</td><td>507</td><td>119</td><td>19</td><td>545</td><td>4</td><td>9</td><td>381</td><td>128</td><td>23</td></tr><tr><td>Colombia</td><td>581</td><td>-</td><td>21</td><td>242</td><td>314</td><td>4</td><td>183</td><td>13</td><td>6</td><td>153</td><td>-</td><td>11</td></tr><tr><td>Cuba</td><td>796</td><td>26</td><td>56</td><td>615</td><td>57</td><td>42</td><td>766</td><td>122</td><td>22</td><td>563</td><td>56</td><td>3</td></tr><tr><td>Dominican Republic</td><td>176</td><td>-</td><td>-</td><td>58</td><td>109</td><td>9</td><td>275</td><td>3</td><td>100</td><td>38</td><td>134</td><td>-</td></tr><tr><td>Guatemala</td><td>71</td><td>-</td><td>5</td><td>37</td><td>26</td><td>3</td><td>44</td><td>-</td><td>-</td><td>36</td><td>8</td><td>-</td></tr><tr><td>Mexico</td><td>7,715</td><td>16</td><td>267</td><td>2,897</td><td>4,294</td><td>241</td><td>26,549</td><td>6</td><td>109</td><td>1,990</td><td>24,408</td><td>36</td></tr><tr><td>Netherland West Indies and Surinam</td><td>3,771</td><td>83</td><td>579</td><td>2,149</td><td>799</td><td>161</td><td>1,463</td><td>197</td><td>113</td><td>887</td><td>145</td><td>121</td></tr><tr><td>Panama, Republic of</td><td>4,733</td><td>112</td><td>915</td><td>3,007</td><td>507</td><td>186</td><td>3,760</td><td>150</td><td>455</td><td>2,081</td><td>676</td><td>400</td></tr><tr><td>Peru</td><td>636</td><td>69</td><td>242</td><td>267</td><td>22</td><td>36</td><td>768</td><td>365</td><td>-</td><td>213</td><td>40</td><td>150</td></tr><tr><td>El Salvador</td><td>13</td><td>5</td><td>-</td><td>8</td><td>-</td><td>-</td><td>29</td><td>-</td><td>-</td><td>21</td><td>-</td><td>8</td></tr><tr><td>Uruguay</td><td>2,899</td><td>500</td><td>28</td><td>1,890</td><td>407</td><td>74</td><td>2,117</td><td>500</td><td>101</td><td>1,292</td><td>133</td><td>91</td></tr><tr><td>Venezuela</td><td>2,765</td><td>168</td><td>63</td><td>2,040</td><td>396</td><td>98</td><td>1,555</td><td>2</td><td>84</td><td>1,351</td><td>70</td><td>48</td></tr><tr><td>Other Latin America</td><td>3,270</td><td>274</td><td>321</td><td>1,220</td><td>1,321</td><td>134</td><td>4,787</td><td>166</td><td>306</td><td>1,173</td><td>3,049</td><td>93</td></tr><tr><td>Total Latin America</td><td>31,388</td><td>1,283</td><td>2,776</td><td>17,719</td><td>8,557</td><td>1,053</td><td>45,189</td><td>1,543</td><td>1,476</td><td>12,139</td><td>28,974</td><td>1,057</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></tr><tr><td>China Mainland</td><td>73</td><td>-</td><td>-</td><td>73</td><td>-</td><td>-</td><td>10</td><td>-</td><td>7</td><td>1</td><td>2</td><td>218</td></tr><tr><td>Hong Kong</td><td>3,293</td><td>-</td><td>80</td><td>2,977</td><td>138</td><td>98</td><td>3,899</td><td>7,000</td><td>31</td><td>3,561</td><td>85</td><td>9</td></tr><tr><td>India</td><td>6,632</td><td>6,585</td><td>-</td><td>47</td><td>-</td><td>3</td><td>7,067</td><td>-</td><td>-</td><td>58</td><td>-</td><td>-</td></tr><tr><td>Indonesia</td><td>27</td><td>12</td><td>-</td><td>42</td><td>1</td><td>-</td><td>9</td><td>-</td><td>-</td><td>9</td><td>-</td><td>-</td></tr><tr><td>Iran</td><td>55</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Israel</td><td>185</td><td>-</td><td>53</td><td>85</td><td>39</td><td>8</td><td>3,194</td><td>94</td><td>-</td><td>169</td><td>2,930</td><td>1</td></tr><tr><td>Japan</td><td>194</td><td>-</td><td>-</td><td>123</td><td>63</td><td>8</td><td>110</td><td>-</td><td>-</td><td>40</td><td>-</td><td>70</td></tr><tr><td>Korea, Republic of</td><td>4</td><td>-</td><td>-</td><td>4</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Philippines</td><td>131</td><td>-</td><td>-</td><td>22</td><td>85</td><td>24</td><td>16</td><td>-</td><td>-</td><td>16</td><td>-</td><td>-</td></tr><tr><td>Taiwan</td><td>7</td><td>-</td><td>-</td><td>7</td><td>-</td><td>-</td><td>71</td><td>-</td><td>-</td><td>71</td><td>-</td><td>-</td></tr><tr><td>Thailand</td><td>420</td><td>-</td><td>7</td><td>13</td><td>400</td><td>-</td><td>450</td><td>-</td><td>3</td><td>1</td><td>446</td><td>17</td></tr><tr><td>Other Asia</td><td>4,264</td><td>3,520</td><td>-</td><td>692</td><td>24</td><td>28</td><td>328</td><td>47</td><td>1</td><td>253</td><td>10</td><td>17</td></tr><tr><td>Total Asia</td><td>15,285</td><td>10,117</td><td>140</td><td>4,088</td><td>771</td><td>169</td><td>15,148</td><td>7,141</td><td>42</td><td>4,179</td><td>3,471</td><td>113</td></tr><tr><td>Other countries:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Australia</td><td>342</td><td>-</td><td>-</td><td>24</td><td>298</td><td>20</td><td>33</td><td>5</td><td>2</td><td>22</td><td>-</td><td>4</td></tr><tr><td>Belgian Congo</td><td>16</td><td>-</td><td>-</td><td>14</td><td>2</td><td>1</td><td>7</td><td>-</td><td>-</td><td>7</td><td>-</td><td>-</td></tr><tr><td>Egypt 1/</td><td>5</td><td>-</td><td>-</td><td>4</td><td>-</td><td>1</td><td>12</td><td>-</td><td>-</td><td>12</td><td>-</td><td>-</td></tr><tr><td>Union of South Africa</td><td>1,239</td><td>-</td><td>-</td><td>4</td><td>933</td><td>302</td><td>648</td><td>-</td><td>-</td><td>1</td><td>548</td><td>99</td></tr><tr><td>All other</td><td>502</td><td>5</td><td>10</td><td>435</td><td>31</td><td>21</td><td>684</td><td>-</td><td>7</td><td>627</td><td>16</td><td>34</td></tr><tr><td>Total other countries</td><td>2,104</td><td>5</td><td>10</td><td>481</td><td>1,264</td><td>344</td><td>1,384</td><td>5</td><td>9</td><td>669</td><td>564</td><td>137</td></tr><tr><td>International</td><td>29,396</td><td>15,023</td><td>668</td><td>101</td><td>13,553</td><td>51</td><td>114,399</td><td>-</td><td>-</td><td>69</td><td>114,324</td><td>-</td></tr><tr><td>Grand total</td><td>431,453</td><td>119,476</td><td>36,804</td><td>157,403</td><td>76,694</td><td>41,078</td><td>510,893</td><td>87,849</td><td>25,356</td><td>123,146</td><td>238,109</td><td>36,433</td></tr></table>
Part of United Arab Republic (Egypt and Syria) since February 1958. Data on purchases and sales by Syria are not available separately, but are included in "Other Asia."
April 1960
73
CAPITAL MOVEMENTS
Section IV - Supplementary Data by Countries
Table 1.- Short-Term Liabilities to and Claims on Foreigners Reported by Nonfinancial Concerns 1/
(Position at end of period in thousands of dollars)
<table><tr><th>Country</th><th colspan="4">Liabilities to foreigners 2/</th><th colspan="4">Claims on foreigners</th></tr><tr><th></th><th>September</th><th>December</th><th>March</th><th>June</th><th>September p</th><th>September</th><th>December</th><th>March</th><th>June</th><th>September p</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></tr><tr><td>Austria</td><td>3,084</td><td>2,777</td><td>3,232</td><td>2,732</td><td>1,939</td><td>3,322</td><td>3,449</td><td>3,160</td><td>3,711</td><td>3,507</td></tr><tr><td>Belgium</td><td>28,133</td><td>28,585</td><td>27,130</td><td>27,630</td><td>27,808</td><td>10,369</td><td>10,092</td><td>8,745</td><td>9,847</td><td>8,283</td></tr><tr><td>Czechoslovakia</td><td>209</td><td>202</td><td>203</td><td>210</td><td>209</td><td>781</td><td>778</td><td>769</td><td>772</td><td>772</td></tr><tr><td>Denmark</td><td>1,150</td><td>1,369</td><td>1,282</td><td>1,250</td><td>1,055</td><td>4,759</td><td>6,697</td><td>8,116</td><td>6,925</td><td>7,062</td></tr><tr><td>Finland</td><td>726</td><td>782</td><td>802</td><td>682</td><td>1,088</td><td>766</td><td>937</td><td>1,068</td><td>1,194</td><td>1,655</td></tr><tr><td>France</td><td>26,680</td><td>33,641</td><td>40,595</td><td>46,276</td><td>45,650</td><td>20,164</td><td>21,207</td><td>18,242</td><td>23,588</td><td>17,701</td></tr><tr><td>Germany, Federal Republic of</td><td>10,414</td><td>12,257</td><td>50,913</td><td>54,786</td><td>48,812</td><td>17,299</td><td>21,398</td><td>23,492</td><td>28,175</td><td>20,022</td></tr><tr><td>Greece</td><td>1,823</td><td>1,453</td><td>1,178</td><td>948</td><td>807</td><td>2,632</td><td>2,502</td><td>3,420</td><td>2,206</td><td>2,234</td></tr><tr><td>Italy</td><td>8,323</td><td>10,208</td><td>9,691</td><td>11,137</td><td>12,069</td><td>27,092</td><td>31,366</td><td>32,966</td><td>26,489</td><td>26,869</td></tr><tr><td>Netherlands</td><td>20,683</td><td>17,017</td><td>30,701</td><td>38,034</td><td>37,353</td><td>23,373</td><td>22,525</td><td>22,883</td><td>24,323</td><td>25,044</td></tr><tr><td>Norway</td><td>13,207</td><td>14,316</td><td>15,364</td><td>11,602</td><td>11,503</td><td>5,183</td><td>6,639</td><td>6,779</td><td>5,173</td><td>4,874</td></tr><tr><td>Poland</td><td>14</td><td>11</td><td>3</td><td>61</td><td>468</td><td>1,237</td><td>180</td><td>1,894</td><td>1,434</td><td>748</td></tr><tr><td>Portugal</td><td>696</td><td>674</td><td>581</td><td>733</td><td>728</td><td>3,381</td><td>3,391</td><td>2,605</td><td>2,826</td><td>4,126</td></tr><tr><td>Romania</td><td>199</td><td>181</td><td>181</td><td>189</td><td>189</td><td>2</td><td>2</td><td>2</td><td>4</td><td>3</td></tr><tr><td>Spain</td><td>7,570</td><td>7,295</td><td>7,640</td><td>8,852</td><td>7,828</td><td>9,605</td><td>9,919</td><td>10,928</td><td>10,002</td><td>11,352</td></tr><tr><td>Sweden</td><td>11,990</td><td>15,191</td><td>18,529</td><td>20,863</td><td>24,437</td><td>19,043</td><td>25,443</td><td>26,793</td><td>27,448</td><td>27,945</td></tr><tr><td>Switzerland</td><td>11,029</td><td>15,233</td><td>17,853</td><td>25,557</td><td>30,733</td><td>5,451</td><td>5,108</td><td>4,368</td><td>8,907</td><td>8,876</td></tr><tr><td>Turkey</td><td>1,008</td><td>999</td><td>1,788</td><td>1,535</td><td>2,050</td><td>25,149</td><td>24,674</td><td>24,383</td><td>27,827</td><td>31,642</td></tr><tr><td>U.S.S.R.</td><td>270</td><td>270</td><td>270</td><td>276</td><td>270</td><td>89</td><td>104</td><td>108</td><td>57</td><td>94</td></tr><tr><td>United Kingdom</td><td>84,248</td><td>89,757</td><td>75,753</td><td>85,503</td><td>102,067</td><td>58,991</td><td>61,763</td><td>44,034</td><td>41,590</td><td>65,066</td></tr><tr><td>Yugoslavia</td><td>1,799</td><td>242</td><td>260</td><td>106</td><td>1,356</td><td>371</td><td>1,008</td><td>1,067</td><td>605</td><td>568</td></tr><tr><td>Other Europe</td><td>488</td><td>502</td><td>1,042</td><td>1,403</td><td>2,111</td><td>2,254</td><td>2,787</td><td>2,473</td><td>2,530</td><td>2,163</td></tr><tr><td>Total Europe</td><td>23,713</td><td>252,996</td><td>304,985</td><td>341,663</td><td>360,550</td><td>241,285</td><td>261,941</td><td>248,255</td><td>255,676</td><td>270,587</td></tr><tr><td>Canada</td><td>73,810</td><td>31,159</td><td>27,063</td><td>35,526</td><td>51,357</td><td>126,934</td><td>101,442</td><td>80,218</td><td>96,841</td><td>106,527</td></tr><tr><td>Latin America:</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>8,342</td><td>10,112</td><td>9,921</td><td>10,440</td><td>9,804</td><td>13,950</td><td>13,287</td><td>14,403</td><td>16,860</td><td>17,428</td></tr><tr><td>Bolivia</td><td>896</td><td>876</td><td>1,134</td><td>1,317</td><td>1,161</td><td>1,988</td><td>1,644</td><td>1,857</td><td>1,999</td><td>3,672</td></tr><tr><td>Brazil</td><td>16,606</td><td>16,419</td><td>16,129</td><td>17,471</td><td>18,940</td><td>74,253</td><td>62,269</td><td>59,432</td><td>56,803</td><td>58,219</td></tr><tr><td>Chile</td><td>4,647</td><td>2,705</td><td>2,957</td><td>3,221</td><td>4,141</td><td>12,133</td><td>8,130</td><td>8,388</td><td>6,415</td><td>8,170</td></tr><tr><td>Colombia</td><td>3,424</td><td>3,126</td><td>3,372</td><td>2,886</td><td>3,161</td><td>4,702</td><td>6,088</td><td>5,884</td><td>6,639</td><td>8,520</td></tr><tr><td>Cuba</td><td>4,824</td><td>5,463</td><td>7,924</td><td>9,806</td><td>6,232</td><td>28,511</td><td>23,670</td><td>27,105</td><td>29,239</td><td>31,937</td></tr><tr><td>Dominican Republic</td><td>1,362</td><td>801</td><td>868</td><td>918</td><td>879</td><td>4,096</td><td>4,066</td><td>3,308</td><td>3,191</td><td>2,582</td></tr><tr><td>Guatemala</td><td>628</td><td>661</td><td>376</td><td>386</td><td>203</td><td>4,855</td><td>4,979</td><td>4,151</td><td>4,487</td><td>3,424</td></tr><tr><td>Mexico</td><td>8,368</td><td>9,839</td><td>3,998</td><td>4,172</td><td>4,779</td><td>34,186</td><td>35,984</td><td>30,409</td><td>29,050</td><td>27,265</td></tr><tr><td>Netherlands W. Indies and Surinam</td><td>2,703</td><td>3,961</td><td>3,763</td><td>3,534</td><td>4,400</td><td>1,174</td><td>931</td><td>1,212</td><td>1,727</td><td>1,300</td></tr><tr><td>Panama, Republic of</td><td>8,842</td><td>4,085</td><td>7,606</td><td>3,208</td><td>3,452</td><td>3,708</td><td>3,480</td><td>3,433</td><td>3,263</td><td>3,730</td></tr><tr><td>Peru</td><td>3,693</td><td>3,052</td><td>2,221</td><td>2,857</td><td>3,447</td><td>20,078</td><td>13,467</td><td>8,302</td><td>9,958</td><td>8,993</td></tr><tr><td>Uruguay</td><td>4,692</td><td>4,545</td><td>4,565</td><td>5,100</td><td>6,053</td><td>5,211</td><td>5,444</td><td>5,376</td><td>3,434</td><td>1,631</td></tr><tr><td>Venezuela</td><td>10,638</td><td>13,658</td><td>11,635</td><td>28,328</td><td>11,913</td><td>34,986</td><td>33,182</td><td>33,809</td><td>40,697</td><td>33,882</td></tr><tr><td>Other Latin America</td><td>2,505</td><td>5,472</td><td>5,134</td><td>3,408</td><td>5,348</td><td>15,948</td><td>15,375</td><td>16,366</td><td>12,956</td><td>15,408</td></tr><tr><td>Total Latin America</td><td>82,301</td><td>85,086</td><td>81,702</td><td>97,645</td><td>84,024</td><td>261,571</td><td>233,857</td><td>225,385</td><td>228,897</td><td>227,741</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></tr><tr><td>China Mainland</td><td>1,028</td><td>990</td><td>1,077</td><td>997</td><td>975</td><td>8,051</td><td>8,049</td><td>79</td><td>170</td><td>72</td></tr><tr><td>Hong Kong</td><td>3,445</td><td>2,305</td><td>3,832</td><td>3,191</td><td>2,265</td><td>1,421</td><td>1,722</td><td>1,145</td><td>1,687</td><td>1,732</td></tr><tr><td>India</td><td>5,722</td><td>6,317</td><td>6,924</td><td>7,294</td><td>7,494</td><td>9,184</td><td>6,166</td><td>7,463</td><td>5,822</td><td>6,174</td></tr><tr><td>Indonesia</td><td>2,119</td><td>2,294</td><td>2,257</td><td>1,886</td><td>2,636</td><td>858</td><td>1,006</td><td>688</td><td>1,641</td><td>891</td></tr><tr><td>Iran</td><td>2,819</td><td>3,495</td><td>3,560</td><td>6,263</td><td>4,467</td><td>5,694</td><td>9,243</td><td>7,006</td><td>9,882</td><td>5,861</td></tr><tr><td>Israel</td><td>696</td><td>762</td><td>1,549</td><td>888</td><td>1,459</td><td>5,016</td><td>4,462</td><td>5,147</td><td>7,363</td><td>9,226</td></tr><tr><td>Japan</td><td>16,816</td><td>13,317</td><td>13,629</td><td>14,728</td><td>15,158</td><td>37,626</td><td>37,294</td><td>38,064</td><td>37,428</td><td>35,862</td></tr><tr><td>Korea, Republic of</td><td>195</td><td>157</td><td>366</td><td>153</td><td>186</td><td>919</td><td>277</td><td>524</td><td>1,252</td><td>1,781</td></tr><tr><td>Philippines</td><td>3,848</td><td>4,906</td><td>6,196</td><td>6,495</td><td>6,192</td><td>8,359</td><td>8,586</td><td>11,389</td><td>13,015</td><td>11,701</td></tr><tr><td>Taiwan</td><td>2,023</td><td>1,618</td><td>917</td><td>1,130</td><td>1,184</td><td>1,521</td><td>2,366</td><td>2,350</td><td>1,581</td><td>1,376</td></tr><tr><td>Thailand</td><td>757</td><td>920</td><td>1,303</td><td>818</td><td>5,719</td><td>3,154</td><td>4,411</td><td>3,070</td><td>4,655</td><td>5,430</td></tr><tr><td>Other Asia</td><td>4,743</td><td>4,833</td><td>4,044</td><td>3,867</td><td>3,952</td><td>12,974</td><td>11,036</td><td>11,640</td><td>13,406</td><td>13,024</td></tr><tr><td>Total Asia</td><td>44,211</td><td>42,093</td><td>45,638</td><td>47,712</td><td>51,667</td><td>94,777</td><td>94,518</td><td>88,665</td><td>97,904</td><td>93,180</td></tr><tr><td>Other countries</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Australia</td><td>17,922</td><td>19,391</td><td>14,818</td><td>17,105</td><td>8,920</td><td>8,192</td><td>7,532</td><td>7,707</td><td>9,062</td><td>10,861</td></tr><tr><td>Belgian Congo</td><td>966</td><td>412</td><td>465</td><td>340</td><td>279</td><td>1,587</td><td>1,591</td><td>881</td><td>1,203</td><td>764</td></tr><tr><td>Egypt 2/</td><td>606</td><td>881</td><td>935</td><td>1,251</td><td>1,163</td><td>2,210</td><td>2,316</td><td>3,303</td><td>2,745</td><td>2,942</td></tr><tr><td>Union of South Africa</td><td>3,419</td><td>3,827</td><td>4,540</td><td>4,752</td><td>5,476</td><td>7,023</td><td>6,969</td><td>6,137</td><td>6,241</td><td>6,927</td></tr><tr><td>All other</td><td>5,425</td><td>4,575</td><td>4,738</td><td>5,352</td><td>4,789</td><td>9,996</td><td>9,514</td><td>7,650</td><td>7,802</td><td>9,122</td></tr><tr><td>Total other countries</td><td>28,338</td><td>29,086</td><td>25,436</td><td>28,800</td><td>20,627</td><td>29,008</td><td>27,922</td><td>25,678</td><td>27,053</td><td>30,598</td></tr><tr><td>International</td><td>27</td><td>45</td><td>35</td><td>41</td><td>158</td><td>222</td><td>381</td><td>290</td><td>138</td><td>218</td></tr><tr><td>Grand total</td><td>162,430</td><td>140,165</td><td>148,919</td><td>151,387</td><td>156,383</td><td>753,797</td><td>720,061</td><td>668,491</td><td>706,569</td><td>728,851</td></tr></table>
1/ As reported by exporters, importers, and industrial and commercial concerns in the United States. Data exclude claims held through United States banks, and intercompany accounts between United States companies and their foreign affiliates.
2/ Data in this series were revised in the January 1960 issue of the
"Treasury Bulletin" to include liabilities not reported previously. Revised quarterly data for March 1955-March 1958 may be obtained from the Office of International Finance, Treasury Department, Washington 25, D. C. 3/ Part of United Arab Republic (Egypt and Syria) since February 1958. p Preliminary. r Revised.
74
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
The current financial statements of corporations and certain other business-type activities of the United States Government which appear in the "Treasury Bulletin" beginning with the August 1956 issue are compiled from reports submitted to the Treasury under Department Circular No. 966, issued January 30, 1956, and Supplement No. 1, issued June 1, 1956. The regulations so issued are pursuant to Section 114 of the Budget and Accounting Procedures Act of 1950 (31 U.S.C. 66 b), and represent another step in the program of comprehensive and integrated Government accounting and financial reporting for which authority was provided in that act. They supersede Budget-Treasury Regulation No. 3, issued under Executive Order No. 8512 of August 13, 1940, as amended by Executive Order No. 9084 of March 3, 1942, under which financial statements previously published in the Bulletin were submitted.
In coverage, Department Circular No. 966 requires submission of financial statements by all wholly owned and mixed-ownership Government corporations specifically included in the Government Corporation Control Act, as amended (31 U.S.C. 846, 856); and all other activities of the Government operating as revolving funds for which business-type public enterprise or intragovernmental fund budgets are required by the Bureau of the Budget. Other activities and agencies whose operations, services, or functions are largely self-liquidating or primarily of a revenue-producing nature, and activities and agencies whose operations result in the accumulation of substantial inventories, investments and other recoverable assets, may be brought under the regulations as agency accounting systems are developed to the point where they are capable of furnishing the financial reports required.
Four kinds of financial statements are called for by Department Circular No. 966. They are statements of financial condition, income and expenses, source and application of funds, and certain commitments and contingencies. The statements of financial condition are
published quarterly and appear as Section I in the series of tables. The first date under the new regulations are for March 31, 1956, and were presented in the August 1956 Bulletin. Statements of income and expense and source and application of funds are published semiannually, for June 30 and December 31 reporting dates, and appear as Sections II and III. The first of these statements under the new regulations cover the fiscal year 1956, and were published in the January 1957 Bulletin. Within the sections, the agencies are grouped in separate tables by type, as follows: public enterprise revolving funds, intragovernmental revolving funds, certain other activities, deposit funds, and trust revolving funds.
Supplement No. 1 added to the coverage by including all executive agencies and activities not reporting under Department Circular No. 966, but required only a statement of financial condition annually as of June 30. These are mainly not business-type activities, and those which had not yet developed formal accounting procedures to provide complete balance sheet types of statements were authorized temporarily to report only the asset side. Thus the supplement rounds out provision for the information on properties and assets of the United States Government which the Treasury has been asked to furnish to the Committee on Government Operations, House of Representatives, for a continuing study of the assets of the Government. The first comprehensive reporting under Supplement No. 1 is for June 30, 1957, and the data were published in the December 1957 issue of the Bulletin as Part B of Table 4 in Section I.
A summary of loans outstanding for a series of dates is included in Section I of the Bulletin presentation beginning with the June 1958 issue. Two classifications of the loans are shown, one by type and one by agency. Data prior to 1955 are based on the earlier reporting requirements, which provided for complete coverage of Government lending agencies.
April 1960
75
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 1.- Summary by Specified Classes of Activities, December 31, 1959
(In thousands of dollars)
<table><tr><th>Account</th><th>Total</th><th>Public enterprise revolving funds (See Table 2)</th><th>Intergovernmental revolving funds (See Table 3)</th><th>Certain other activities (See Table 4)</th></tr><tr><td>ASSETS</td><td></td><td></td><td></td><td></td></tr><tr><td>Cash in banks, on hand, and in transit...</td><td>175,345</td><td>171,298</td><td>2,303</td><td>1,743</td></tr><tr><td>Fund balances with the U. S. Treasury 1/.</td><td>6,330,405</td><td>3,104,605</td><td>1,423,831</td><td>1,801,969</td></tr><tr><td>Investments:</td><td></td><td></td><td></td><td></td></tr><tr><td>Public debt securities (par value)...</td><td>1,114,499</td><td>1,108,512</td><td>-</td><td>5,987</td></tr><tr><td>Securities of Government enterprises...</td><td>69,991</td><td>69,991</td><td>-</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-)...</td><td>-9,379</td><td>-9,372</td><td>-</td><td>-6</td></tr><tr><td>Other securities.....................</td><td>5,117,091</td><td>179,022</td><td>-</td><td>4,938,048</td></tr><tr><td>Advances to contractors and agents:</td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>10,975</td><td>526</td><td>103</td><td>10,047</td></tr><tr><td>Other....................</td><td>23,083</td><td>14,470</td><td>8,254</td><td>359</td></tr><tr><td>Accounts and notes receivable:</td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>1,886,682</td><td>1,160,709</td><td>721,625</td><td>4,348</td></tr><tr><td>Other (net).....................</td><td>2,962,468</td><td>276,280</td><td>38,318</td><td>2,647,869</td></tr><tr><td>Inventories:</td><td>24,436,515</td><td>8,979,641</td><td>8,576,967</td><td>6,879,907</td></tr><tr><td>Allowance for losses (-).........</td><td>-2,960,960</td><td>-2,960,825</td><td>-135</td><td>-</td></tr><tr><td>Accrued interest receivable:</td><td></td><td></td><td></td><td></td></tr><tr><td>On public debt securities........</td><td>5,757</td><td>5,725</td><td>-</td><td>33</td></tr><tr><td>On securities of Government enterprises</td><td>110,157</td><td>1,293</td><td>-</td><td>108,864</td></tr><tr><td>Other....................</td><td>452,060</td><td>61,758</td><td>-</td><td>390,303</td></tr><tr><td>Loans receivable:</td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies.............</td><td>6,159</td><td>3,500</td><td>-</td><td>2,659</td></tr><tr><td>Other: U. S. dollar loans.........</td><td>20,659,414</td><td>11,055,418</td><td>-</td><td>9,603,996</td></tr><tr><td>Foreign currency loans...........</td><td>1,387,361</td><td>110,085</td><td>-</td><td>1,277,276</td></tr><tr><td>Allowance for losses (-).........</td><td>-320,070</td><td>-227,216</td><td>-</td><td>-92,853</td></tr><tr><td>Acquired security or collateral (net)...</td><td>281,379</td><td>218,860</td><td>-</td><td>62,518</td></tr><tr><td>Land, offices, and equipment.....</td><td>12,203,189</td><td>5,081,180</td><td>415,018</td><td>6,706,992</td></tr><tr><td>Accumulated depreciation (-).....</td><td>-3,081,472</td><td>-1,004,813</td><td>-166,393</td><td>-1,910,266</td></tr><tr><td>Foreign currencies.............</td><td>107,837</td><td>6,728</td><td>-</td><td>101,109</td></tr><tr><td>Other assets (net)................</td><td>1,534,165</td><td>719,928</td><td>46,738</td><td>767,498</td></tr><tr><td>Total assets....................</td><td>72,502,650 2/</td><td>28,127,322</td><td>11,066,929</td><td>33,308,399</td></tr><tr><td>LIABILITIES</td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts payable:</td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies................</td><td>408,167</td><td>122,850</td><td>253,432</td><td>11,885</td></tr><tr><td>Other....................</td><td>692,663</td><td>382,852</td><td>261,364</td><td>48,447</td></tr><tr><td>Accrued liabilities:</td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies................</td><td>117,214</td><td>111,813</td><td>299</td><td>5,103</td></tr><tr><td>Other....................</td><td>333,192</td><td>122,150</td><td>76,325</td><td>134,719</td></tr><tr><td>Advances from:</td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies................</td><td>126,586</td><td>1,066</td><td>43,831</td><td>81,689</td></tr><tr><td>Other....................</td><td>4,623</td><td>831</td><td>3,792</td><td>-</td></tr><tr><td>Trust and deposit liabilities:</td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies................</td><td>42,176</td><td>20,981</td><td>2,418</td><td>18,776</td></tr><tr><td>Other....................</td><td>128,099</td><td>116,497</td><td>180</td><td>11,422</td></tr><tr><td>Bonds, debentures, and notes payable:</td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies................</td><td>70,095</td><td>70,095</td><td>-</td><td>-</td></tr><tr><td>Other: Guaranteed by the U. S. S....</td><td>56,575</td><td>56,575</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the U. S. S.....</td><td>797,397</td><td>797,397</td><td>-</td><td>-</td></tr><tr><td>Other liabilities (including reserves)...</td><td>1,373,721</td><td>1,088,292</td><td>196,016</td><td>83,413</td></tr><tr><td>Total liabilities................</td><td>4,150,510</td><td>2,911,398</td><td>837,657</td><td>401,456</td></tr><tr><td>NET INVESTMENT</td><td></td><td></td><td></td><td></td></tr><tr><td>United States interest:</td><td></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing investment:</td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock....................</td><td>100,000</td><td>100,000</td><td>-</td><td>-</td></tr><tr><td>Borrowings from the U. S. Treasury...</td><td>24,902,539</td><td>20,414,316</td><td>-</td><td>4,488,223</td></tr><tr><td>Other....................</td><td>690,578</td><td>690,578</td><td>-</td><td>-</td></tr><tr><td>Noninterest-bearing investment:</td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock....................</td><td>1,056,000</td><td>1,056,000</td><td>-</td><td>-</td></tr><tr><td>Appropriations...................</td><td>27,628,880</td><td>8,220,450</td><td>1,296,532</td><td>18,111,898</td></tr><tr><td>Capitalization of assets (net).....</td><td>11,023,914</td><td>1,329,215</td><td>3,875,946</td><td>5,818,753</td></tr><tr><td>Other....................</td><td>17,806,337</td><td>-422,814</td><td>8,654,851</td><td>9,574,201</td></tr><tr><td>Accumulated net income, or deficit (-)...</td><td>-13,119,460</td><td>-6,171,820</td><td>-3,598,057</td><td>-3,349,584</td></tr><tr><td>Deposits of general and special fund revenues (-)....................</td><td>-1,736,647</td><td>-</td><td>-</td><td>-1,736,647</td></tr><tr><td>Total United States interest......</td><td>68,352,140</td><td>25,215,925</td><td>10,229,272</td><td>32,906,943</td></tr><tr><td>Total liabilities and investment.....</td><td>72,502,650</td><td>28,127,322</td><td>11,066,929</td><td>33,308,399</td></tr><tr><td>ANALYSIS OF UNITED STATES INVESTMENT</td><td></td><td></td><td></td><td></td></tr><tr><td>United States investment...........</td><td>81,471,600</td><td>31,387,745</td><td>13,827,329</td><td>36,256,527</td></tr><tr><td>Accumulated net income, or deficit (-)...</td><td>-13,119,460</td><td>-6,171,820</td><td>-3,598,057</td><td>-3,349,584</td></tr><tr><td>U. S. investment incl. interagency items</td><td>68,352,140</td><td>25,215,925</td><td>10,229,272</td><td>32,906,943</td></tr><tr><td>Interagency items:</td><td></td><td></td><td></td><td></td></tr><tr><td>Due from Government agencies (-)....</td><td>-2,081,963</td><td>-1,236,019</td><td>-722,028</td><td>-125,917</td></tr><tr><td>Due to Government agencies........</td><td>764,239</td><td>346,805</td><td>299,980</td><td>117,453</td></tr><tr><td>U. S. investment excl. interagency items</td><td>67,032,415</td><td>24,326,711</td><td>9,807,225</td><td>32,898,479</td></tr></table>
Footnotes at end of Table 8.
76
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section 1 - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, December 31, 1959
(In thousands of dollars)
<table><tr><th>Account</th><th>Total</th><th>Office of Civil and Defense Mobilization Civil defense procurement fund</th><th>Development loan fund</th><th>International Cooperation Administration Foreign investment guaranty fund</th><th>Atomic Energy Commission Defense production guaranties</th><th>Export-Import Bank of Washington Regular lending activities</th><th>Liquidation of certain Reconstruction Finance Corporation assets</th></tr><tr><td colspan="8">ASSETS</td></tr><tr><td>Cash in banks, on hand, and in transit.</td><td>171,298</td><td></td><td>*</td><td>49</td><td>-</td><td>1,213</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 1/.</td><td>3,104,605</td><td>1,363</td><td>1,236,392</td><td>4,785</td><td>507</td><td>493</td><td>3</td></tr><tr><td>Investments:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Public debt securities (par value).</td><td>1,108,512</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Securities of Government enterprises.</td><td>69,991</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-).</td><td>-9,372</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other securities.</td><td>179,042</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,250</td></tr><tr><td>Advances to contractors and agents.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies.</td><td>526</td><td>-</td><td>3</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>14,470</td><td>-</td><td>-</td><td>-</td><td>-</td><td>11</td><td>-</td></tr><tr><td>Accounts and notes receivable:</td><td>1,160,709</td><td>-</td><td>-</td><td>-</td><td>-</td><td>280</td><td>-</td></tr><tr><td>Government agencies.</td><td>276,280</td><td>137</td><td>-</td><td>-</td><td>-</td><td>4</td><td>-</td></tr><tr><td>Other (net).</td><td>8,979,641</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Inventories.</td><td>-2,960,825</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued interest receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>On public debt securities.</td><td>5,725</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On securities of Government enterprises</td><td>1,253</td><td>-</td><td>-</td><td>-</td><td>-</td><td>26,925</td><td>*</td></tr><tr><td>Other.</td><td>61,758</td><td>-</td><td>2,102</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Loans receivable:</td><td>3,500</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies.</td><td>11,055,418</td><td>-</td><td>49,168</td><td>-</td><td>-</td><td>3,199,894</td><td>9,016</td></tr><tr><td>Other: U. S. dollar loans.</td><td>110,085</td><td>-</td><td>110,085</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currency loans.</td><td>-227,216</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-).</td><td>218,860</td><td>-</td><td>-</td><td>-</td><td>-</td><td>253</td><td>-</td></tr><tr><td>Acquired security or collateral (net).</td><td>5,081,180</td><td>-</td><td>86</td><td>-</td><td>-</td><td>-120</td><td>-</td></tr><tr><td>Land, structures, and equipment.</td><td>-1,004,813</td><td>-</td><td>-10</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated depreciation (-).</td><td>6,728</td><td>-</td><td>3,992</td><td>-</td><td>-</td><td>2</td><td>-</td></tr><tr><td>Foreign currencies.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other assets (net).</td><td>719,928</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total assets.</td><td>28,127,322</td><td>1,500</td><td>1,401,817</td><td>4,834</td><td>507</td><td>3,228,955</td><td>10,269</td></tr><tr><td colspan="8">LIABILITIES</td></tr><tr><td>Accounts payable.</td><td>1,22,850</td><td>*</td><td>308</td><td>-</td><td>-</td><td>20</td><td>*</td></tr><tr><td>Government agencies.</td><td>382,852</td><td>*</td><td>47</td><td>-</td><td>-</td><td>94</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies.</td><td>111,813</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>122,150</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances from:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies.</td><td>1,066</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>831</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Trust and deposit liabilities:</td><td>20,981</td><td>-</td><td>29</td><td>-</td><td>-</td><td>50</td><td>-</td></tr><tr><td>Government agencies.</td><td>116,497</td><td>-</td><td>-</td><td>-</td><td>-</td><td>355</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Bonds, debentures, and notes payable:</td><td>70,095</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies.</td><td>56,575</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: Guaranteed by the U. S.</td><td>797,397</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the U. S.</td><td>1,088,293</td><td>-</td><td>108</td><td>-</td><td>-</td><td>4,544</td><td>100</td></tr><tr><td>Other liabilities (including reserves).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total liabilities.</td><td>2,911,398</td><td>*</td><td>492</td><td>-</td><td>-</td><td>5,063 2/</td><td>100</td></tr><tr><td colspan="8">NET INVESTMENT</td></tr><tr><td>United States interest:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing investment:</td><td>100,000</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capital stock.</td><td>20,414,916</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,631,200</td><td>8,209</td></tr><tr><td>Borrowings from the U. S. Treasury.</td><td>690,578</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Noninterest-bearing investment:</td><td>1,056,000</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,000,000</td><td>-</td></tr><tr><td>Capital stock.</td><td>8,220,450</td><td>1,500</td><td>1,400,000</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Appropriations.</td><td>1,329,215</td><td>-</td><td>22</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capitalization of assets (net).</td><td>-422,814</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,169 3/</td></tr><tr><td>Other.</td><td>-6,171,820</td><td>-</td><td>1,302</td><td>4,834</td><td>507</td><td>592,692</td><td>791</td></tr><tr><td>Accumulated net income, or deficit (-).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Deposits of general and special fund revenues (-).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest.</td><td>25,215,925</td><td>1,500</td><td>1,401,324</td><td>4,834</td><td>507</td><td>3,223,892</td><td>10,169</td></tr><tr><td>Total liabilities and investment.</td><td>28,127,322</td><td>1,500</td><td>1,401,817</td><td>4,834</td><td>507</td><td>3,228,955</td><td>10,269</td></tr><tr><td colspan="8">ANALYSIS OF UNITED STATES INVESTMENT</td></tr><tr><td>United States investment.</td><td>31,387,745</td><td>1,500</td><td>1,400,022</td><td>4,834</td><td>507</td><td>2,631,200</td><td>9,378</td></tr><tr><td>Accumulated net income, or deficit (-).</td><td>-5,171,820</td><td>-</td><td>1,302</td><td>4,834</td><td>507</td><td>592,692</td><td>791</td></tr><tr><td>U. S. investment incl. interagency items.</td><td>25,215,925</td><td>1,500</td><td>1,401,324</td><td>4,834</td><td>507</td><td>3,223,892</td><td>10,169</td></tr><tr><td>Interagency items:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Due from Government agencies (-).</td><td>-1,236,019</td><td>-</td><td>337</td><td>-</td><td>-</td><td>-11</td><td>-</td></tr><tr><td>Due to Government agencies.</td><td>346,805</td><td>-</td><td>-</td><td>-</td><td>-</td><td>70</td><td>-</td></tr><tr><td>U. S. investment excl. interagency items.</td><td>24,325,711</td><td>1,500</td><td>1,401,662</td><td>4,834</td><td>507</td><td>3,223,950</td><td>10,169</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
April 1960
77
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, December 31, 1959 - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th>Export-Import Bank of Washington - (Continued) Expansion of defense production</th><th>Federal Farm Mortgage Corporation</th><th>Farm Credit Administration Federal intermediate credit banks investment fund</th><th>Production credit associations investment fund</th><th>Agricultural marketing revolving fund</th><th>Federal Home Loan Bank Board Revolving fund</th><th>Federal Savings and Loan Insurance Corporation</th></tr><tr><td>ASSETS</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash in banks, on hand, and in transit... Fund balances with the U. S. Treasury 1/.</td><td>-</td><td>384</td><td>23,700</td><td>56,425</td><td>59,579</td><td>479</td><td>96</td></tr><tr><td>Investments:</td><td></td><td></td><td></td><td></td><td></td><td></td><td>2,218</td></tr><tr><td>Public debt securities (par value).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>333,000</td></tr><tr><td>Securities of Government enterprises.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-).</td><td>-</td><td>-</td><td>46,300</td><td>3,575</td><td>126,339</td><td>-</td><td>-1,079</td></tr><tr><td>Other securities.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances to contractors and agencies.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accounts and notes receivable:</td><td></td><td></td><td></td><td></td><td></td><td>12</td><td>11,663</td></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,489</td><td>-</td></tr><tr><td>Other (net).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>14</td><td>-</td></tr><tr><td>Inventories.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued interest receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td>2,312</td></tr><tr><td>On public debt securities.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On securities of Government enterprises</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>42</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Loans receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td>-</td></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: U. S. dollar loans.</td><td>26,397</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currency loans.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>348</td><td>46</td></tr><tr><td>Land, structures, and equipment.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-348</td><td>108</td></tr><tr><td>Accumulated depreciation (-).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-108</td></tr><tr><td>Foreign currencies.</td><td>-</td><td>1,933</td><td>-</td><td>-</td><td>-</td><td>4</td><td>-</td></tr><tr><td>Other assets (net).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>395</td></tr><tr><td>Total assets.</td><td>26,439</td><td>4,317</td><td>70,000</td><td>60,000</td><td>185,918</td><td>1,997</td><td>348,650</td></tr><tr><td>LIABILITIES</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts payable:</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>5</td><td>-</td></tr><tr><td>Government agencies.</td><td>-</td><td>34</td><td>-</td><td>-</td><td>-</td><td>4</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued liabilities:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>98</td><td>21</td></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>240</td><td>12</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances from:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Trust and deposit liabilities:</td><td></td><td></td><td></td><td></td><td></td><td>273</td><td>16</td></tr><tr><td>Government agencies.</td><td>50</td><td>-</td><td>-</td><td>-</td><td>-</td><td>31</td><td>3</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Bonds, debentures, and notes payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies.</td><td>-</td><td>200</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: Guaranteed by the U. S.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the U. S.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other liabilities (including reserves).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,436</td><td>20,260</td></tr><tr><td>Total liabilities.</td><td>51</td><td>234</td><td>-</td><td>-</td><td>-</td><td>2,087</td><td>20,311</td></tr><tr><td>NET INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States interest:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing investment:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock.</td><td>22,460</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Borrowings from the U. S. Treasury.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Noninterest-bearing investments:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock.</td><td>-</td><td>-</td><td>70,000</td><td>60,000</td><td>500,000</td><td>-</td><td>-</td></tr><tr><td>Appropriations.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capitalization of assets (net).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-314,082</td><td>-90</td><td>328,339 4/</td></tr><tr><td>Accumulated net income, or deficit (-).</td><td>3,928</td><td>4,083</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Deposits of general and special fund revenues (-).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest.</td><td>26,388</td><td>4,083</td><td>70,000</td><td>60,000</td><td>185,918</td><td>-90</td><td>328,339</td></tr><tr><td>Total liabilities and investment.</td><td>26,439</td><td>4,317</td><td>70,000</td><td>60,000</td><td>185,918</td><td>1,997</td><td>328,650</td></tr><tr><td>ANALYSIS OF UNITED STATES INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States investment.</td><td>22,460</td><td>4,083</td><td>70,000</td><td>60,000</td><td>500,000</td><td>-</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-).</td><td>3,928</td><td>4,083</td><td>70,000</td><td>60,000</td><td>-314,082</td><td>-90</td><td>328,339</td></tr><tr><td>U. S. investment incl. interagency items.</td><td>26,388</td><td>4,083</td><td>70,000</td><td>60,000</td><td>185,918</td><td>-90</td><td>328,339</td></tr><tr><td>Interagency items:</td><td></td><td></td><td></td><td></td><td></td><td>-12</td><td>-</td></tr><tr><td>Due from Government agencies (-).</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>376</td><td>36</td></tr><tr><td>Due to Government agencies.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>U. S. investment excl. interagency items.</td><td>26,389</td><td>4,083</td><td>70,000</td><td>60,000</td><td>185,918</td><td>273</td><td>328,375</td></tr></table>
Footnotes et end of Table 8.
(Continued on following page)
78
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, December 31, 1959 - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th>Federal Home Loan Bank Board-(Continued) Home Owners' Loan Corporation (liquidated)</th><th>Pensac Canal Company</th><th>Saint Lawrence Seaway Development Corporation</th><th>Small Business Administration Revolving fund</th><th>Reconstruction Finance Corporation liquidation fund</th><th>Tennessee Valley Authority</th><th>United States Information Agency Information media guaranty fund</th></tr><tr><td colspan="8">ASSETS</td></tr><tr><td>Cash in banks, on hand, and in transit...</td><td>-</td><td>6,143</td><td>46</td><td>431</td><td>14</td><td>78</td><td>-</td></tr><tr><td>Fund balances with the U.S. Treasury 1/.</td><td>467</td><td>23,197</td><td>164</td><td>301,063</td><td>1,272</td><td>32,116</td><td>8</td></tr><tr><td>Investments:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Public debt securities (par value)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>44,789</td><td>-</td></tr><tr><td>Securities of Government enterprises....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-)....</td><td>-</td><td>-</td><td>-</td><td>1,116</td><td>-</td><td>-614</td><td>-</td></tr><tr><td>Other securities.....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances to contractors and agents:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies..................</td><td>-</td><td>-</td><td>*</td><td>-</td><td>-</td><td>28</td><td>-</td></tr><tr><td>Other.......................</td><td>-</td><td>-</td><td>*</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accounts and notes receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies..................</td><td>-</td><td>1,922</td><td>906</td><td>558</td><td>76</td><td>9,909</td><td>-</td></tr><tr><td>Other (net).......................</td><td>-</td><td>3,743</td><td>83</td><td>-</td><td>-</td><td>17,908</td><td>-</td></tr><tr><td>Inventories........................</td><td>-</td><td>7,586</td><td>-</td><td>-</td><td>-</td><td>41,384</td><td>-</td></tr><tr><td>Allowance for leases (-)................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-582</td><td>-</td></tr><tr><td>Accrued interest receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>On public debt securities.............</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>82</td><td>-</td></tr><tr><td>On securities of Government enterprises....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.......................</td><td>-</td><td>36</td><td>-</td><td>1,957</td><td>211</td><td>8</td><td>-</td></tr><tr><td>Loans receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies..................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: U.S. dollar loans................</td><td>-</td><td>-</td><td>-</td><td>364,288</td><td>6,476</td><td>-</td><td>-</td></tr><tr><td>Foreign currency loans................</td><td>-</td><td>-</td><td>-</td><td>-10,138</td><td>-2,164</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)................</td><td>-</td><td>-</td><td>-</td><td>1,028</td><td>469</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net).....</td><td>-</td><td>687,786</td><td>123,644</td><td>-</td><td>-</td><td>2,346,016</td><td>-</td></tr><tr><td>Land, structures, and equipment (net).....</td><td>-</td><td>-276,338</td><td>-992</td><td>-</td><td>-</td><td>-422,093</td><td>-</td></tr><tr><td>Accumulated depreciation (-)............</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2,736</td></tr><tr><td>Foreign currencies....................</td><td>-</td><td>12,101</td><td>81</td><td>8,500</td><td>857</td><td>102,941</td><td>-</td></tr><tr><td>Other assets (net)....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total assets.........................</td><td>467</td><td>466,177</td><td>124,132</td><td>668,802</td><td>7,212</td><td>2,171,968</td><td>2,744</td></tr><tr><td colspan="8">LIABILITIES</td></tr><tr><td>Accounts payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies..................</td><td>-</td><td>331</td><td>291</td><td>1</td><td>-</td><td>1,920</td><td>-</td></tr><tr><td>Other.......................</td><td>77</td><td>2,357</td><td>760</td><td>31</td><td>8</td><td>24,411</td><td>-</td></tr><tr><td>Accrued liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies..................</td><td>-</td><td>5,217</td><td>74</td><td>7,310</td><td>-</td><td>-</td><td>783</td></tr><tr><td>Other.......................</td><td>-</td><td>2,237</td><td>248</td><td>62</td><td>26</td><td>229</td><td>-</td></tr><tr><td>Advances from:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies..................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.......................</td><td>-</td><td>373</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Trust and deposit liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies..................</td><td>-</td><td>990</td><td>-</td><td>-</td><td>-</td><td>1,378</td><td>-</td></tr><tr><td>Other.......................</td><td>-</td><td>64</td><td>-</td><td>256</td><td>79</td><td>591</td><td>-</td></tr><tr><td>Bonds, debentures, and notes payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies..................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: Guaranteed by the U.S............</td><td>352</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the U.S............</td><td>38</td><td>11,396</td><td>7,298</td><td>3,262</td><td>119</td><td>10,376</td><td>8</td></tr><tr><td>Other liabilities (including reserves)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total liabilities....................</td><td>467</td><td>22,965</td><td>8,673</td><td>10,922</td><td>231</td><td>38,905</td><td>791</td></tr><tr><td>NET INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States interest:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing Investment:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock.........................</td><td>-</td><td>-</td><td>116,555</td><td>-</td><td>-</td><td>-</td><td>18,248</td></tr><tr><td>Borrowings from the U.S. Treasury........</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.......................</td><td>-</td><td>339,354</td><td>-</td><td>343,972</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Noninterest-bearing Investment:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock.........................</td><td>-</td><td>-</td><td>-</td><td>346,028</td><td>-</td><td>1,749,609</td><td>-</td></tr><tr><td>Appropriations.........................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>45,989</td><td>-</td></tr><tr><td>Capitalization of sales (net)............</td><td>-</td><td>-</td><td>-</td><td>-</td><td>9,003</td><td>-</td><td>-</td></tr><tr><td>Other.......................</td><td>-</td><td>103,858</td><td>-1,096</td><td>-32,120</td><td>-2,022</td><td>337,464</td><td>-16,294</td></tr><tr><td>Accumulated net income, or deficit (-).....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Deposits of general and special fund revenue (-)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest............</td><td>-</td><td>443,213</td><td>115,459</td><td>657,880</td><td>6,980</td><td>2,133,062</td><td>1,954</td></tr><tr><td>Total liabilities and investment........</td><td>467</td><td>456,177</td><td>124,132</td><td>668,802</td><td>7,212</td><td>2,171,968</td><td>2,744</td></tr><tr><td colspan="8">ANALYSIS OF UNITED STATES INVESTMENT</td></tr><tr><td>United States investment................</td><td>-</td><td>339,354</td><td>116,555</td><td>690,000</td><td>9,003</td><td>1,1795,598</td><td>18,248</td></tr><tr><td>Accumulated net income, or deficit (-).....</td><td>-</td><td>103,858</td><td>-1,096</td><td>-32,120</td><td>-2,022</td><td>337,464</td><td>-16,294</td></tr><tr><td>U.S. investment incl. interagency items....</td><td>-</td><td>443,213</td><td>115,459</td><td>657,880</td><td>6,980</td><td>2,133,062</td><td>1,954</td></tr><tr><td>Interagency items:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Due from Government agencies (-)........</td><td>-</td><td>-1,922</td><td>*</td><td>-</td><td>-1</td><td>-9,909</td><td>783</td></tr><tr><td>Due to Government agencies................</td><td>-</td><td>6,518</td><td>765</td><td>7,311</td><td>-</td><td>3,299</td><td>-</td></tr><tr><td>U.S. investment excl. interagency items....</td><td>-</td><td>447,828</td><td>115,824</td><td>665,191</td><td>6,979</td><td>2,126,452</td><td>2,737</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
April 1960
79
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, December 31, 1959 - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th>Captive service revolving fund</th><th>Direct loans to veterans and reservists</th><th>Rental, maintenance, and repair of quarters</th><th>Service-disabled veterans' insurance fund</th><th>Soldiers' and sailors' civil relief</th><th>Veterans' special term insurance fund</th><th>Vocational rehabilitation revolving fund</th></tr><tr><td>ASSETS</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash in banks, on hand, and in transit...</td><td>3,213</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>18</td></tr><tr><td>Fund balances with the U. S. Treasury 1/.</td><td>2,492</td><td>279,673</td><td>49</td><td>592</td><td>334</td><td>351</td><td>280</td></tr><tr><td>Investments:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Public debt securities (par value)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>73,564</td><td>-</td></tr><tr><td>Securities of Government enterprises...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other securities</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances to contractors and agents:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accounts and notes receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>404</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other (net)</td><td>41</td><td>133</td><td>25</td><td>*</td><td>-</td><td>*</td><td>-</td></tr><tr><td>Inventories</td><td>4,229</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued interest receivable:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>925</td><td>-</td></tr><tr><td>On public debt securities</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On securities of Government enterprises</td><td>-</td><td>801</td><td>-</td><td>15</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Loans receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>893,763</td><td>-</td><td>772</td><td>52</td><td>7</td><td>102</td></tr><tr><td>Other: U. S. dollar loans</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currency loans</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)</td><td>-</td><td>1,267</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net)</td><td>5,633</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Land, structures, and equipment (-)</td><td>-2,565</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated depreciation</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other assets (net)</td><td>26</td><td>*</td><td>-</td><td>3</td><td>-</td><td>3</td><td>-</td></tr><tr><td>Total assets</td><td>13,472</td><td>1,175,638</td><td>75</td><td>1,383</td><td>386</td><td>74,851</td><td>401</td></tr><tr><td>LIABILITIES</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts payable</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies</td><td>43</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>1,036</td><td>13,537</td><td>1</td><td>451</td><td>-</td><td>824</td><td>-</td></tr><tr><td>Accrued liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>12,279</td><td>3</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>543</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances from:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Trust and deposit liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>239</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>409</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Bonds, debentures, and notes payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: Guaranteed by the U. S.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the U. S.</td><td>632</td><td>1,942</td><td>-</td><td>10,928</td><td>149</td><td>15,586</td><td>-</td></tr><tr><td>Other liabilities (including reserves)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total liabilities</td><td>2,902</td><td>27,758</td><td>4</td><td>11,379</td><td>149</td><td>16,409</td><td>-</td></tr><tr><td>NET INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States interest:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing investment:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock</td><td>-</td><td>1,089,383</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Borrowings from the U. S. Treasury</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Noninterest-bearing investment:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock</td><td>-</td><td>-</td><td>-</td><td>4,500</td><td>2,003</td><td>-</td><td>400</td></tr><tr><td>Appropriations</td><td>360</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capitalization of assets (net)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>10,210</td><td>58,497</td><td>71</td><td>-14,497</td><td>-1,766</td><td>58,441</td><td>1</td></tr><tr><td>Deposits of general and special fund revenues (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest</td><td>10,570</td><td>1,147,880</td><td>71</td><td>-9,997</td><td>237</td><td>58,441</td><td>401</td></tr><tr><td>Total liabilities and investment</td><td>13,472</td><td>1,175,638</td><td>75</td><td>1,383</td><td>386</td><td>74,851</td><td>401</td></tr><tr><td>ANALYSIS OF UNITED STATES INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States investment:</td><td>360</td><td>1,089,383</td><td>-</td><td>4,500</td><td>2,003</td><td>-</td><td>400</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>10,210</td><td>58,497</td><td>71</td><td>-14,497</td><td>-1,766</td><td>58,441</td><td>1</td></tr><tr><td>U. S. investment incl. interagency items</td><td>10,570</td><td>1,147,880</td><td>71</td><td>-9,997</td><td>237</td><td>58,441</td><td>401</td></tr><tr><td>Interagency items:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Due from Government agencies (-)</td><td>-404</td><td>12,279</td><td>3</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Due to Government agencies</td><td>282</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>U. S. investment excl. interagency items</td><td>10,448</td><td>1,160,159</td><td>73</td><td>-9,997</td><td>237</td><td>58,441</td><td>401</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
80
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, December 31, 1959 - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th>Abaca fiber program</th><th>Federal Facilities Corporation</th><th>Reconstruction Finance Corporation liquidation fund</th><th>Expensinn of defense production</th><th>Defense production guarantees</th><th>Office of the Administrator College housing loans</th><th>Public facility loans</th></tr><tr><td colspan="8">ASSETS</td></tr><tr><td>Cash in banks, on hand, and in transit....</td><td>-</td><td>-</td><td>-</td><td>1,196</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 1/.</td><td>2,168</td><td>531</td><td>8,830</td><td>8,359</td><td>5,385</td><td>46,637</td><td>4,147</td></tr><tr><td>Investments:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Public debt securities (par value).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Securities of Government enterprises....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-).</td><td>-</td><td>-</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other securities</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances to contractors and agents:</td><td>-</td><td>-</td><td>-</td><td>170</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>8,686</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accounts and notes receivable:</td><td>636</td><td>1,524</td><td>221</td><td>2</td><td>167</td><td>54</td><td>6</td></tr><tr><td>Government agencies</td><td>17</td><td>31</td><td>3,444</td><td>5,245</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other (net)</td><td>240</td><td>399</td><td>-</td><td>1,440,842</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Inventories</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued interest receivables</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On public debt securities</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On securities of Government enterprises</td><td>-</td><td>97</td><td>22</td><td>87</td><td>-</td><td>4,907</td><td>569</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Loans receivable:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>558</td><td>-</td><td>120</td><td>682,526</td><td>40,677</td></tr><tr><td>Other: U. S. dollar loans</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currency loans</td><td>-</td><td>-</td><td>-558</td><td>-</td><td>-</td><td>-1,667</td><td>-196</td></tr><tr><td>Allowance for losses (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net)</td><td>4,366</td><td>313</td><td>2,859</td><td>111,798</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Land, structures, and equipment</td><td>-2,851</td><td>-296</td><td>-2,241</td><td>-30,525</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated depreciation (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other assets (net)</td><td>2</td><td>9,123</td><td>-</td><td>27,820</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total assets</td><td>4,579</td><td>11,721</td><td>13,137</td><td>1,573,680</td><td>5,671</td><td>732,456</td><td>45,203</td></tr><tr><td colspan="8">LIABILITIES</td></tr><tr><td>Accounts payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>230</td><td>-</td><td>45</td><td>276</td><td>-</td><td>1,169</td><td>321</td></tr><tr><td>Other</td><td>267</td><td>5</td><td>-</td><td>9,170</td><td>-</td><td>6</td><td>1</td></tr><tr><td>Accrued liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>29,438</td><td>-</td><td>8,041</td><td>617</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances from:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Trust and deposit liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>21</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Bonds, debentures, and notes payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: Guaranteed by the U. S.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the U. S.</td><td>69</td><td>11</td><td>-</td><td>2,155</td><td>-</td><td>1,007</td><td>202</td></tr><tr><td>Other liabilities (including reserves)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total liabilities</td><td>567</td><td>16</td><td>45</td><td>41,061</td><td>-</td><td>10,223</td><td>1,140</td></tr><tr><td colspan="8">NET INVESTMENT</td></tr><tr><td>United States interest:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing investments:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock</td><td>-</td><td>-</td><td>-</td><td>1,684,700</td><td>-</td><td>725,737</td><td>45,331</td></tr><tr><td>Borrowings from the U. S. Treasury</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Noninterest-bearing investment:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock</td><td>-</td><td>-</td><td>-</td><td>108,515</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Appropriations</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capitalization of assets (net)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>13,866</td><td>11,705 6/</td><td>13,092 6/</td><td>-260,596</td><td>5,671</td><td>-3,504</td><td>-1,268</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>-9,853</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Deposits of general and special fund revenue (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest</td><td>4,012</td><td>11,705</td><td>13,092</td><td>1,532,619</td><td>5,671</td><td>722,233</td><td>44,063</td></tr><tr><td>Total liabilities and investment</td><td>4,579</td><td>11,721</td><td>13,137</td><td>1,573,680</td><td>5,671</td><td>732,456</td><td>45,203</td></tr><tr><td colspan="8">ANALYSIS OF UNITED STATES INVESTMENT</td></tr><tr><td>United States investment</td><td>13,866</td><td>11,705</td><td>13,092</td><td>1,793,215</td><td>5,671</td><td>725,737</td><td>45,331</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>-9,853</td><td>-</td><td>-</td><td>-260,596</td><td>5,671</td><td>-3,504</td><td>-1,268</td></tr><tr><td>U. S. investment incl. interagency items</td><td>4,012</td><td>11,705</td><td>13,092</td><td>1,532,619</td><td>5,671</td><td>722,233</td><td>44,063</td></tr><tr><td>Interagency items</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Due from Government agencies (-)</td><td>-636</td><td>-1,524</td><td>-221</td><td>-171</td><td>-</td><td>9,211</td><td>938</td></tr><tr><td>Due to Government agencies</td><td>230</td><td>-</td><td>45</td><td>29,715</td><td>-</td><td>-</td><td>-</td></tr><tr><td>U. S. investment excl. interagency items</td><td>1,606</td><td>10,181</td><td>12,915</td><td>1,562,162</td><td>5,671</td><td>731,444</td><td>45,001</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
April 1960
81
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, December 31, 1959 - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th colspan="5">Office of the Administrator - (Continued)</th><th colspan="2">Federal National Mortgage Association</th><th>Federal Housing Administration</th></tr><tr><th></th><th>Public works planning fund</th><th>Liquidating programs</th><th>Urban renewal fund</th><th>Community disposal operations fund</th><th>Management and liquidating functions</th><th>Special assistance functions</th><th></th></tr><tr><td>ASSETS</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash in banks, on hand, and in transit.... Fund balances with the U. S. Treasury 1/.</td><td>20,133</td><td>19,333</td><td>115,698</td><td>7,405</td><td>5,430</td><td>554</td><td>2,024</td><td>31,926</td></tr><tr><td>Investments:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Public debt securities (par value)....</td><td>-</td><td>9</td><td>-</td><td>-</td><td>63,329</td><td>160</td><td>657,158</td><td>6,473</td></tr><tr><td>Securities of Government enterprises....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-7,679</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>460</td><td>-</td></tr><tr><td>Other securities....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances to contractors and agents:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies....</td><td>-</td><td>39</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accounts and notes receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....</td><td>316</td><td>14,622</td><td>79</td><td>-</td><td>19,941</td><td>546</td><td>25</td><td>7,193</td></tr><tr><td>Other (net)....</td><td>-</td><td>597</td><td>-</td><td>-</td><td>1,395</td><td>712</td><td>-</td><td>-</td></tr><tr><td>Inventories....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued interest receivable:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On public debt securities....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,198</td><td>9</td><td>2,406</td><td>85</td></tr><tr><td>On securities of Government enterprises....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>6,246</td><td>5,125</td><td>-</td><td>-</td></tr><tr><td>Other....</td><td>1</td><td>2,095</td><td>2,114</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Loans receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....</td><td>-</td><td>21,212</td><td>90,647</td><td>-</td><td>1,949,489</td><td>1,568,369</td><td>-</td><td>-</td></tr><tr><td>Other: U. S. dollar loans....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currency loans....</td><td>-</td><td>-5,417</td><td>-2,503</td><td>-</td><td>-15</td><td>-3,953</td><td>2/</td><td>208,334</td></tr><tr><td>Allowance for losses (-)....</td><td>-</td><td>1,495</td><td>-</td><td>-</td><td>4,475</td><td>1,150</td><td>-</td><td>3,569</td></tr><tr><td>Acquired security or collateral (net)....</td><td>-</td><td>13,928</td><td>-</td><td>-</td><td>588</td><td>-</td><td>-</td><td>-1,822</td></tr><tr><td>Land, structures, and equipment....</td><td>-</td><td>-11,994</td><td>-</td><td>-</td><td>-288</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated depreciation (-)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currencies....</td><td>8,802</td><td>161,333</td><td>-</td><td>5,945</td><td>16</td><td>-</td><td>177,016</td><td>-</td></tr><tr><td>Other assets (net)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total assets....</td><td>29,253</td><td>217,312</td><td>206,036</td><td>13,356</td><td>2,052,191</td><td>1,572,672</td><td>1,087,189</td><td>-</td></tr><tr><td>LIABILITIES</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....</td><td>-</td><td>94</td><td>665</td><td>229</td><td>14,730</td><td>-</td><td>73</td><td>-</td></tr><tr><td>Other....</td><td>-</td><td>147</td><td>-</td><td>-</td><td>34</td><td>-</td><td>6,802</td><td>-</td></tr><tr><td>Accrued liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....</td><td>-</td><td>23</td><td>1,282</td><td>-</td><td>14,228</td><td>26,921</td><td>930</td><td>-</td></tr><tr><td>Other....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>12,048</td><td>431</td><td>1,669</td><td>-</td></tr><tr><td>Advances from:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Trust and deposit liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....</td><td>-</td><td>1,239</td><td>-</td><td>178</td><td>155</td><td>8,269</td><td>1,803</td><td>18,360</td></tr><tr><td>Other....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>20,473</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Bonds, debentures, and notes payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>70,095</td><td>-</td></tr><tr><td>Other: Guaranteed by the D. S....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>797,359</td><td>-</td><td>56,022</td><td>-</td></tr><tr><td>Not guaranteed by the U. S....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>613</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other liabilities (including reserves)....</td><td>-</td><td>938</td><td>1,657</td><td>-</td><td>-</td><td>-</td><td>118,313</td><td>-</td></tr><tr><td>Total liabilities....</td><td>-</td><td>2,442</td><td>5,605</td><td>407</td><td>859,640</td><td>35,621</td><td>274,068</td><td>-</td></tr><tr><td>NET INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States interest:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing investment:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock....</td><td>-</td><td>-</td><td>140,000</td><td>-</td><td>1,051,952</td><td>1,505,784</td><td>-</td><td>-</td></tr><tr><td>Borrowings from the U. S. Treasury....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Noninterest-bearing investment:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock....</td><td>30,000</td><td>1,504,234</td><td>297,000</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Appropriations....</td><td>-</td><td>276,852</td><td>-</td><td>54,241</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capitalization of assets (net)....</td><td>-</td><td>-388,619</td><td>-</td><td>-42,000</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....</td><td>-</td><td>-1,177,596</td><td>-</td><td>708</td><td>138,599</td><td>31,267</td><td>813,120</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-747</td><td>-</td><td>-236,568</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Deposits of general and special fund revenues (-)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest....</td><td>29,253</td><td>214,871</td><td>200,432</td><td>12,949</td><td>1,192,552</td><td>1,537,051</td><td>813,120</td><td>-</td></tr><tr><td>Total liabilities and investment....</td><td>29,253</td><td>217,312</td><td>206,036</td><td>13,356</td><td>2,052,191</td><td>1,572,672</td><td>1,087,189</td><td>-</td></tr><tr><td>ANALYSIS OF UNITED STATES INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States investment....</td><td>30,000</td><td>1,392,467</td><td>437,000</td><td>12,241</td><td>1,053,952</td><td>1,505,784</td><td>813,120</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-747</td><td>-1,177,596</td><td>-236,568</td><td>708</td><td>138,599</td><td>31,267</td><td>-</td><td>-</td></tr><tr><td>O. S. Investment incl. interagency items....</td><td>29,253</td><td>214,871</td><td>200,432</td><td>12,949</td><td>1,192,552</td><td>1,537,051</td><td>813,120</td><td>-</td></tr><tr><td>Interagency items:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Due from Government agencies (-)....</td><td>-</td><td>-14,691</td><td>-</td><td>-</td><td>-84,468</td><td>-715</td><td>-6,604</td><td>-</td></tr><tr><td>Due to Government agencies....</td><td>-</td><td>118</td><td>1,947</td><td>229</td><td>29,112</td><td>26,921</td><td>72,901</td><td>-</td></tr><tr><td>U. S. investment excl. interagency items....</td><td>29,253</td><td>200,358</td><td>202,379</td><td>13,178</td><td>1,137,196</td><td>1,563,257</td><td>879,418</td><td>-</td></tr></table>
Footnotes at end of Table 8.
(Goetinued on following page)
82
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section 1 - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, December 31, 1959 - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th>Public Housing Administration</th><th>Commodity Credit Corporation</th><th>Federal Crop Insurance Corporation</th><th>Farmers' Home Administration</th><th>Disaster loans, etc., revolving fund</th><th>Farm tenant mortgage insurance fund</th><th>Expansion of defense production</th><th>Aviation war risk insurance revolving fund</th></tr><tr><td>ASSETS</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash in banks, on hand, and in transit...</td><td>5</td><td>2,833</td><td>37</td><td>3,459</td><td>857</td><td>-</td><td>-</td><td>1</td></tr><tr><td>Fund balances with the U. S. Treasury 1/.</td><td>106,352</td><td>9,947</td><td>48,723</td><td>83,006</td><td>1,614</td><td>-</td><td>*</td><td>1</td></tr><tr><td>Public debt securities (par value)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Securities of Government enterprises...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other securities</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances to contractors and agents:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies</td><td>43</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accounts and notes receivable:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies</td><td>3</td><td>1,078,683</td><td>-</td><td>-</td><td>350</td><td>546</td><td>-</td><td>-</td></tr><tr><td>Other (net)</td><td>157</td><td>181,920</td><td>2,256</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Inventories</td><td>101</td><td>7,453,056</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)</td><td>-</td><td>-2,960,243</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued interest receivable:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On public debt securities</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On securities of Government enterprises</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>850</td><td>1,683</td><td>-</td><td>3,389</td><td>693</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Loans receivable:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies</td><td>-</td><td>1,744,997 2/</td><td>-</td><td>47,271</td><td>41,211</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: U. S. dollar loans</td><td>87,450</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currency loans</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)</td><td>-1,144</td><td>-145,775</td><td>-</td><td>-19,263</td><td>48</td><td>146</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net)</td><td>-</td><td>244,809</td><td>519</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Land, structures, and equipment (-)</td><td>8,437</td><td>-110,779</td><td>-519</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated depreciation (-)</td><td>-5,624</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other assets (net)</td><td>1,668</td><td>84,369</td><td>-</td><td>205</td><td>245</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total assets</td><td>200,297</td><td>7,585,501</td><td>51,015</td><td>123,465</td><td>45,311</td><td>*</td><td>1</td><td>1</td></tr><tr><td>LIABILITIES</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>172</td><td>2,745</td><td>-</td><td>-</td><td>-</td><td>-</td><td>788</td><td>-</td></tr><tr><td>Other</td><td>41,241</td><td>42,887</td><td>4,701</td><td>-</td><td>1,916</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>488</td><td>1,438</td><td>-</td><td>10</td><td>-</td><td>-</td><td>1,806</td><td>-</td></tr><tr><td>Other</td><td>590</td><td>102,610</td><td>-</td><td>167</td><td>*</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances from:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Trust and deposit liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>430</td><td>14,975</td><td>130</td><td>8</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>31</td><td>59,246</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Bonds, debentures, and notes payable:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: Guaranteed by the U. S.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the U. S.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other liabilities (including reserves)</td><td>2,135</td><td>383,116 9/</td><td>998</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total liabilities</td><td>45,089 2/</td><td>607,016</td><td>5,837</td><td>177</td><td>1,916 2/</td><td>2,593</td><td>-</td><td>-</td></tr><tr><td>NET INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States interest:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing investments:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock</td><td>-</td><td>100,000</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Borrowings from the U. S. Treasury</td><td>24,000</td><td>12,074,000</td><td>-</td><td>-</td><td>34,890</td><td>63,755</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Noninterest-bearing investment:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock</td><td>1,000</td><td>-</td><td>40,000</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Appropriations</td><td>833,871</td><td>-</td><td>120,419</td><td>205,494</td><td>1,000</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capitalization of assets (net)</td><td>246,550</td><td>-</td><td>-</td><td>364</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-360</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>-950,212</td><td>-5,195,516</td><td>-114,881</td><td>-82,570</td><td>7,506</td><td>-66,348</td><td>1</td><td>-</td></tr><tr><td>Deposits of general and special fund revenues (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest</td><td>155,203</td><td>6,978,484</td><td>45,178</td><td>123,288</td><td>43,396</td><td>-2,593</td><td>1</td><td>-</td></tr><tr><td>Total liabilities and investment</td><td>200,297</td><td>7,585,501</td><td>51,015</td><td>123,465</td><td>45,311</td><td>*</td><td>1</td><td>1</td></tr><tr><td>ANALYSIS OF UNITED STATES INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States investment</td><td>1,105,421</td><td>12,174,000</td><td>160,059</td><td>205,858</td><td>35,890</td><td>63,755</td><td>-</td><td>1</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>-950,212</td><td>-5,195,516</td><td>-114,881</td><td>-82,570</td><td>7,506</td><td>-66,348</td><td>1</td><td>1</td></tr><tr><td>U. S. investment incl. interagency items</td><td>155,209</td><td>6,978,484</td><td>45,178</td><td>123,288</td><td>43,396</td><td>-2,593</td><td>1</td><td>1</td></tr><tr><td>Interagency items:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Due from Government agencies (-)</td><td>-3</td><td>-1,078,683</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Due to Government agencies</td><td>1,092</td><td>19,157</td><td>130</td><td>10</td><td>-</td><td>2,593</td><td>-</td><td>-</td></tr><tr><td>U. S. investment excl. interagency items</td><td>156,298</td><td>5,918,959</td><td>45,308</td><td>123,298</td><td>43,396</td><td>*</td><td>1</td><td>1</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
April 1960
83
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, December 31, 1959 - (Continued)
(In thousands of dollars)
<table><tr><th colspan="7">Commerce Department - (Continued)</th><th colspan="2">Defense Department</th></tr><tr><th>Account</th><th>Federal ship mortgage insurance fund</th><th>Vessel operations revolving fund</th><th>War risk insurance revolving fund</th><th>Inland Waterways Corporation</th><th>Defense production guarantees</th><th>Inter-service activities Wherry Act housing</th><th>Air Force Department Defense production guarantees</th></tr><tr><td>ASSETS</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash in banks, on hand, and in transit.... Fund balances with the U. S. Treasury 1/.</td><td>1,910</td><td>721</td><td>10</td><td>6,985</td><td>6</td><td>119,865</td><td>8,678</td></tr><tr><td>Investments:</td><td></td><td>12,930</td><td>1,228</td><td></td><td></td><td></td><td></td></tr><tr><td>Public debt securities (par value)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Securities of Government enterprises....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other securities....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances to contractors and agents:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....</td><td>-</td><td>28</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accounts and notes receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....</td><td>-</td><td>546</td><td>31</td><td>-</td><td>-</td><td>4,679</td><td>-</td></tr><tr><td>Other (net)....</td><td>2</td><td>1,584</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Inventories....</td><td>-</td><td>6,015</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued interest receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>On public debt securities....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On securities of Government enterprises</td><td>1</td><td>-</td><td>-</td><td>125</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Loans receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....</td><td>-</td><td>3,500</td><td>-</td><td>6,299</td><td>-</td><td>-</td><td>3,810</td></tr><tr><td>Other: U. S. dollar loans....</td><td>1,475</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currency loans....</td><td>-1,410</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net)....</td><td>7,827</td><td>-</td><td>-</td><td>-</td><td>-</td><td>569,553</td><td>-</td></tr><tr><td>Land, structures, and equipment....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated depreciation (-)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currencies....</td><td>45</td><td>75</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other assets (net)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total assets....</td><td>9,851</td><td>25,398</td><td>1,288</td><td>13,370</td><td>6</td><td>694,097</td><td>12,438</td></tr><tr><td>LIABILITIES</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....</td><td>-</td><td>670</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....</td><td>-</td><td>391</td><td>11</td><td>-</td><td>-</td><td>2,272</td><td>-</td></tr><tr><td>Accrued liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....</td><td>-</td><td>35</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....</td><td>-</td><td>264</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances from:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Trust and deposit liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Bonds, debentures, and notes payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: Guaranteed by the U. S....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the U. S....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other liabilities (including reserves)....</td><td>6,159</td><td>4</td><td>-</td><td>197</td><td>-</td><td>443,651</td><td>-</td></tr><tr><td>Total liabilities....</td><td>6,159 2/</td><td>1,365</td><td>11</td><td>197</td><td>-</td><td>445,923</td><td>-</td></tr><tr><td>NET INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States interest:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing investment:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock....</td><td>1,400</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Borrowings from the U. S. Treasury....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Noninterest-bearing investment:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock....</td><td>-</td><td>-</td><td>-</td><td>15,000</td><td>-</td><td>187,000</td><td>-</td></tr><tr><td>Appropriations....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capitalization of assets (net)....</td><td>-</td><td>-</td><td>-</td><td>12,298</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>2,292</td><td>24,033</td><td>1,278</td><td>-14,126</td><td>6</td><td>61,174</td><td>12,438</td></tr><tr><td>Deposits of general and special fund revenues (-)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest....</td><td>3,692</td><td>24,033</td><td>1,278</td><td>13,172</td><td>6</td><td>228,174</td><td>12,188</td></tr><tr><td>Total liabilities and investment....</td><td>9,851</td><td>25,398</td><td>1,288</td><td>13,370</td><td>6</td><td>694,097</td><td>12,438</td></tr><tr><td>ANALYSIS OF UNITED STATES INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States investment....</td><td>1,400</td><td>24,033</td><td>1,278</td><td>27,298</td><td>6</td><td>187,000</td><td>12,438</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>2,292</td><td>24,033</td><td>1,278</td><td>-14,126</td><td>6</td><td>61,174</td><td>12,438</td></tr><tr><td>U. S. investment incl. interagency items....</td><td>3,692</td><td>24,033</td><td>1,278</td><td>13,172</td><td>6</td><td>228,174</td><td>12,438</td></tr><tr><td>Interagency items:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Due from Government agencies (-)....</td><td>-</td><td>-4,046</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Due to Government agencies....</td><td>-</td><td>705</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>U. S. investment excl. interagency items....</td><td>3,692</td><td>20,692</td><td>1,278</td><td>13,172</td><td>6</td><td>228,174</td><td>12,438</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
84
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, December 31, 1959 - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th colspan="2">Army Department</th><th colspan="3">Navy Department</th><th colspan="2">HEW Department</th></tr><tr><th></th><th>Defense housing</th><th>Defense production guarantees</th><th>Defense housing</th><th>Laundry service, Naval Academy</th><th>Defense production guarantees</th><th>Public Health Service</th><th>Social Security Administration</th></tr><tr><td>ASSETS</td><td></td><td></td><td></td><td></td><td></td><td>Operation of commissaries, narcotic hospitals</td><td>Bureau of Federal Credit Unions</td></tr><tr><td>Cash in banks, on hand, and in transit</td><td>504</td><td>2,950</td><td>447</td><td>88</td><td>7,813</td><td>35</td><td>20</td></tr><tr><td>Investments:</td><td></td><td></td><td></td><td></td><td></td><td></td><td>596</td></tr><tr><td>Public debt securities (par value)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Securities of Government enterprises</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Deamortized premium, or discount (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other securities</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances to contractors and agents:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>9</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>4</td><td>-</td><td>19</td><td>-</td></tr><tr><td>Accounts and notes receivable:</td><td></td><td></td><td></td><td>5</td><td>-</td><td>18</td><td>619</td></tr><tr><td>Government agencies</td><td>55</td><td>-</td><td>-</td><td>12</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other (net)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Inventories</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued interest receivables</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On public debt securities</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On securities of Government enterprises</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Loans receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>2,345</td><td>-</td><td>-</td><td>1,671</td><td>-</td><td>-</td></tr><tr><td>Other: U. S. dollar loans</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currency loans</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (nat)</td><td>-</td><td>-</td><td>-</td><td>260</td><td>-</td><td>26</td><td>250</td></tr><tr><td>Land, structures, and equipment</td><td>-</td><td>-</td><td>-</td><td>-143</td><td>-</td><td>-18</td><td>-110</td></tr><tr><td>Accumulated depreciation (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currencies</td><td>-</td><td>-</td><td>-</td><td>1</td><td>14</td><td>3</td><td>-</td></tr><tr><td>Other assets (net)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total assets</td><td>560</td><td>5,295</td><td>447</td><td>227</td><td>9,497</td><td>82</td><td>1,384</td></tr><tr><td>LIABILITIES</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>36</td><td>-</td><td>-</td><td>2</td><td>-</td><td>15</td><td>12</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>1</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>6</td><td>-</td><td>-</td><td>168</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances from:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Trust and deposit liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>131</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Bonds, debentures, and notes payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: Guaranteed by the U. S.</td><td>-</td><td>-</td><td>-</td><td>17</td><td>-</td><td>6</td><td>294</td></tr><tr><td>Not guaranteed by the U. S.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other liabilities (including reserves)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total liabilities</td><td>36</td><td>-</td><td>-</td><td>26</td><td>-</td><td>21</td><td>604</td></tr><tr><td>NET INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States interest-bearing investment:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing investment:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Borrowings from the U. S. Treasury</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Noninterest-bearing investment:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>10</td><td>-</td></tr><tr><td>Appropriations</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2</td><td>3</td></tr><tr><td>Capitalization of assets (net)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>523</td><td>5,295</td><td>447</td><td>201</td><td>9,497</td><td>49</td><td>777</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Deposits of general and special fund revenues (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest</td><td>523</td><td>5,295</td><td>447</td><td>201</td><td>9,497</td><td>61</td><td>780</td></tr><tr><td>Total liabilities and investment</td><td>560</td><td>5,295</td><td>447</td><td>227</td><td>9,497</td><td>82</td><td>1,384</td></tr><tr><td>ANALYSIS OF UNITED STATES INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States investment</td><td>523</td><td>5,295</td><td>447</td><td>201</td><td>9,497</td><td>12</td><td>3</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>49</td><td>777</td></tr><tr><td>U. S. investment incl. interagency items</td><td>523</td><td>5,295</td><td>447</td><td>201</td><td>9,497</td><td>61</td><td>780</td></tr><tr><td>Interagency items:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Due from Government agencies (-)</td><td>-</td><td>-</td><td>-</td><td>-4</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Due to Government agencies</td><td>36</td><td>-</td><td>-</td><td>2</td><td>-</td><td>-</td><td>-</td></tr><tr><td>U. S. investment excl. interagency items</td><td>560</td><td>5,295</td><td>447</td><td>199</td><td>9,497</td><td>61</td><td>780</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
April 1960
85
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, December 31, 1959 - (Continued)
(In thousands of dollars)
<table><tr><th rowspan="2">Account</th><th colspan="2">Bureau of Indian Affairs</th><th colspan="2">Bureau of Reclamation</th><th rowspan="2">Bureau of Mines Development end operation of helium properties</th><th rowspan="2">Bureau of Commercial Fisheries Fisheries loan fund</th><th rowspan="2">Office of Territories Alaska railroad revolving fund</th></tr><tr><th>Liquidation of Hoosac housing project</th><th>Revolving fund for loans</th><th>Fund for emergency expenses, Port Pack project Mont.</th><th>Upper Colorado River Basin fund</th></tr><tr><td>ASSETS</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash in banks, on hand, and in transit....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 1/.</td><td>107</td><td>3,978</td><td>4,013</td><td>85,020</td><td>7,950</td><td>31,251</td><td>5,158</td></tr><tr><td>Investments:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Public debt securities (per value)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Securities of Government enterprises....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other securities.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances to contractors and agents:</td><td></td><td></td><td>148</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>-</td><td>6</td><td>*</td><td>1</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accounts and notes receivable:</td><td></td><td></td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>1</td><td>30</td><td>580</td><td>-</td><td>445</td></tr><tr><td>Other (net).</td><td>-</td><td>-</td><td>56</td><td>125</td><td>53</td><td>11</td><td>1,062</td></tr><tr><td>Inventories.</td><td>-</td><td>-</td><td>133</td><td>114</td><td>870</td><td>-</td><td>3,872</td></tr><tr><td>Allowance for losses (-).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued interest receivable:</td><td></td><td></td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On public debt securities.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On securities of Government enterprises</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>18</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Loans receivable:</td><td></td><td></td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>4,474</td><td>-</td></tr><tr><td>Other: U. S. dollar loans.</td><td>169</td><td>11,180</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currency loans.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-97</td><td>-</td></tr><tr><td>Allowance for losses (-).</td><td>-</td><td>-1,438</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net)....</td><td>-</td><td>-</td><td>14,923</td><td>22,362</td><td>27,813</td><td>-</td><td>126,502</td></tr><tr><td>Land, structures, and equipment.</td><td>-</td><td>-</td><td>-656</td><td>-973</td><td>-11,353</td><td>-</td><td>-14,399</td></tr><tr><td>Accumulated depreciation (-).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currencies.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other assets (net).</td><td>-</td><td>-</td><td>48</td><td>101,786</td><td>3,400</td><td>108</td><td>8,342</td></tr><tr><td>Total assets.</td><td>277</td><td>13,721</td><td>18,667</td><td>208,471</td><td>29,313</td><td>12,796</td><td>131,988</td></tr><tr><td>LIABILITIES</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>239</td><td>234</td><td>9</td><td>-</td><td>180</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>85</td><td>1,541</td><td>387</td><td>*</td><td>265</td></tr><tr><td>Accrued liabilities:</td><td></td><td></td><td>-</td><td>-</td><td>-</td><td>11</td><td>-</td></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>5</td><td>2</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>483</td></tr><tr><td>Advances from:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,065</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>22</td><td>-</td><td>270</td><td>-</td><td>-</td></tr><tr><td>Trust and deposit liabilities:</td><td></td><td></td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>-</td><td>6,280</td><td>95</td><td>-</td><td>412</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>38</td><td>-</td><td>86</td></tr><tr><td>Bonds, debentures, and notes payable:</td><td></td><td></td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: Guaranteed by the U. S.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the U. S.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>*</td><td>-</td><td>-</td></tr><tr><td>Other liabilities (including reserves).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>345</td><td>24</td><td>745</td></tr><tr><td>Total liabilities.</td><td>-</td><td>-</td><td>346</td><td>8,055</td><td>2,208</td><td>40</td><td>2,174</td></tr><tr><td>NET INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States interest:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing investment:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Borrowings from the U. S. Treasury....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Noninterest-bearing investment:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock.</td><td>-</td><td>13,800</td><td>4,979</td><td>191,335</td><td>17,175</td><td>13,000</td><td>167,285</td></tr><tr><td>Appropriations.</td><td>-</td><td>-</td><td>1,707</td><td>9,177</td><td>2,929</td><td>-</td><td>18,626</td></tr><tr><td>Capitalization of assets (net).</td><td>-</td><td>-</td><td>1,642</td><td>10</td><td>-</td><td>-</td><td>-58,285</td></tr><tr><td>Other.</td><td>240</td><td>2,738</td><td>1,642</td><td>10</td><td>7,001</td><td>-243</td><td>2,188</td></tr><tr><td>Accumulated net income, or deficit (-).</td><td>37</td><td>-2,817</td><td>9,993</td><td>3</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Deposits of general and special fund revenue (-).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest.</td><td>277</td><td>13,721</td><td>18,321</td><td>200,416</td><td>27,105</td><td>12,757</td><td>129,813</td></tr><tr><td>Total liabilities and investment.</td><td>277</td><td>13,721</td><td>18,667</td><td>208,471</td><td>29,313</td><td>12,796</td><td>131,988</td></tr><tr><td>ANALYSIS OF UNITED STATES INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States investment.</td><td>240</td><td>16,538</td><td>8,328</td><td>200,412</td><td>20,104</td><td>13,000</td><td>127,626</td></tr><tr><td>Accumulated net income, or deficit (-).</td><td>37</td><td>-2,817</td><td>2,223</td><td>3</td><td>7,001</td><td>-243</td><td>2,188</td></tr><tr><td>U. S. investment incl. interagency items.</td><td>277</td><td>13,721</td><td>18,321</td><td>200,416</td><td>27,105</td><td>12,757</td><td>129,813</td></tr><tr><td>Intergency items:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Due from Government agencies (-)....</td><td>-</td><td>-</td><td>-149</td><td>-30</td><td>-580</td><td>-</td><td>-445</td></tr><tr><td>Due to Government agencies.</td><td>-</td><td>-</td><td>239</td><td>224</td><td>1,168</td><td>11</td><td>595</td></tr><tr><td>U. S. investment excl. interagency items.</td><td>277</td><td>13,721</td><td>18,411</td><td>200,620</td><td>27,693</td><td>12,767</td><td>129,963</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
86
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, December 31, 1959 - (Continued)
(In thousands of dollars)
<table><tr><th colspan="2">Interior Department - (Continued)</th><th>Labor Dept.</th><th>Post Office Department</th><th colspan="2">Treasury Department</th></tr><tr><th>Account</th><th>Office of territories - (Continued) Loans to private trading enterprises</th><th>Virgin Islands Corporation</th><th>Expansion of defense production</th><th>Bureau of Employment Security</th><th>Farm labor supply revolving fund</th><th>Postal fund 11/</th><th>Reconstruction Finance Corporation liquidation fund</th><th>Civil defense loans</th></tr><tr><td colspan="9">ASSETS</td></tr><tr><td>Cash in banks, on hand, and in transit...</td><td>140</td><td>1</td><td>830</td><td>3,799</td><td>148,342</td><td>257,197</td><td>3,247</td><td>18</td></tr><tr><td>Fund balances with the U. S. Treasury 1/.</td><td></td><td>34</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Investments:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Public debt securities (par value)...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Securities of Government enterprises...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Unamortised premium, or discount (-)...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other securities...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances to contractors and agents...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>208</td><td>12</td><td>-</td></tr><tr><td>Government agencies...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>5,616</td><td>-</td><td>-</td></tr><tr><td>Other...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accounts and notes receivable:</td><td>-</td><td>*</td><td>-</td><td>-</td><td>-</td><td>30,584</td><td>22</td><td>-</td></tr><tr><td>Government agencies...</td><td>-</td><td>252</td><td>-</td><td>12</td><td>-</td><td>26,207</td><td>10</td><td>-</td></tr><tr><td>Other (net)...</td><td>-</td><td>1,117</td><td>-</td><td>107</td><td>-</td><td>19,443 12/</td><td>-</td><td>-</td></tr><tr><td>Inventories...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued interest receivable:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On public debt securities...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On securities of Government enterprises</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>195</td><td>1</td></tr><tr><td>Other...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Loans receivable:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies...</td><td>-</td><td>-</td><td>14,329</td><td>-</td><td>-</td><td>-</td><td>18,951</td><td>995</td></tr><tr><td>Other: U. S. dollar loans...</td><td>200</td><td>152</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currency loans...</td><td>-</td><td>-</td><td>-13,530</td><td>-</td><td>-</td><td>-</td><td>-9,750</td><td>-</td></tr><tr><td>Allowance for losses (-)...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-253</td><td>-</td></tr><tr><td>Acquired security or collateral (net)...</td><td>-</td><td>8,550</td><td>-</td><td>410</td><td>747,647 12/</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Land, structures, and equipment...</td><td>-</td><td>-2,370</td><td>-</td><td>-46</td><td>-107,433</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated depreciation (-)...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currencies...</td><td>-</td><td>425</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other assets (net)...</td><td>-</td><td>8,160</td><td>1,629</td><td>4,576</td><td>1,127,811</td><td>12,940</td><td>1,014</td><td>-</td></tr><tr><td>Total assets...</td><td>340</td><td>8,160</td><td>1,629</td><td>4,576</td><td>1,127,811</td><td>12,940</td><td>1,014</td><td>-</td></tr><tr><td colspan="9">LIABILITIES</td></tr><tr><td>Accounts payable:</td><td>-</td><td>2</td><td>-</td><td>-</td><td>116,995</td><td>2</td><td>-</td><td>-</td></tr><tr><td>Government agencies...</td><td>-</td><td>97</td><td>-</td><td>375</td><td>226,540</td><td>10</td><td>-</td><td>-</td></tr><tr><td>Other...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued liabilities:</td><td>-</td><td>310</td><td>450</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies...</td><td>-</td><td>112</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances from:</td><td>-</td><td>-</td><td>-</td><td>163</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Trust and deposit liabilities:</td><td>-</td><td>5</td><td>1</td><td>-</td><td>-</td><td>-</td><td>73</td><td>-</td></tr><tr><td>Government agencies...</td><td>-</td><td>55</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Bonds, debentures, and notes payable:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: Guaranteed by the U. S...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the U. S...</td><td>-</td><td>95</td><td>-</td><td>287</td><td>35,031</td><td>24</td><td>-</td><td>-</td></tr><tr><td>Other liabilities (including reserves)...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total liabilities...</td><td>-</td><td>677</td><td>451</td><td>826</td><td>378,566</td><td>109</td><td>-</td><td>-</td></tr><tr><td colspan="9">NET INVESTMENT</td></tr><tr><td>United States interest:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing investments:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>700</td></tr><tr><td>Capital stock...</td><td>-</td><td>10</td><td>32,000</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Borrowings from the U. S. Treasury...</td><td>-</td><td>7,252 13/</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Noninterest-bearing investment:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capital stock...</td><td>333</td><td>854</td><td>-</td><td>-</td><td>389,354</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Appropriations...</td><td>-</td><td>-</td><td>-</td><td>438</td><td>659,657 12/</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capitalization of esente (net)...</td><td>-</td><td>23</td><td>-</td><td>-</td><td>-</td><td>12,832 6/</td><td>-</td><td>-</td></tr><tr><td>Other...</td><td>7</td><td>-656</td><td>-30,822</td><td>3,312</td><td>-299,766</td><td>-</td><td>-</td><td>314</td></tr><tr><td>Accumulated net income, or deficit (-)...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Deposits of general and special fund revenues (-)...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest...</td><td>340</td><td>7,483</td><td>1,178</td><td>3,750</td><td>749,245</td><td>12,832</td><td>1,014</td><td>-</td></tr><tr><td>Total liabilities and investment...</td><td>340</td><td>8,160</td><td>1,629</td><td>4,576</td><td>1,127,811</td><td>12,940</td><td>1,014</td><td>-</td></tr><tr><td colspan="9">ANALYSIS OF UNITED STATES INVESTMENT</td></tr><tr><td>United States investment...</td><td>333</td><td>8,140</td><td>32,000</td><td>438</td><td>1,049,011</td><td>12,832</td><td>700</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-)...</td><td>7</td><td>-656</td><td>-30,822</td><td>3,312</td><td>-299,766</td><td>-</td><td>314</td><td>-</td></tr><tr><td>U. S. investment incl. interagency items...</td><td>340</td><td>7,483</td><td>1,178</td><td>3,750</td><td>749,245</td><td>12,832</td><td>1,014</td><td>-</td></tr><tr><td>Interagency items:</td><td>-</td><td>*</td><td>-</td><td>-</td><td>-</td><td>-22</td><td>-</td><td>-</td></tr><tr><td>Due from Government agencies (-)...</td><td>-</td><td>317</td><td>451</td><td>-</td><td>-30,792</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Due to Government agencies...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>116,995</td><td>2</td><td>-</td><td>-</td></tr><tr><td>U. S. investment excl. interagency items...</td><td>340</td><td>7,801</td><td>1,629</td><td>3,750</td><td>835,448</td><td>12,811</td><td>1,014</td><td>-</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
April 1960
87
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, December 31, 1959 - (Continued)
(In thousands of dollars)
<table><tr><th colspan="4">Treasury Department - (Continued)</th></tr><tr><th>Account</th><th>Bureau of Accounts Fund for payment of Government losses in shipment</th><th>Office of the Treasurer Treasurer of the U. S., check forgery insurance fund</th><th>Expansion of defense production</th></tr><tr><td>ASSETS</td><td></td><td></td><td></td></tr><tr><td>Cash in banks, on hand, and in transit...</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 1/.</td><td>99</td><td>4</td><td>138</td></tr><tr><td>Investments:</td><td></td><td></td><td></td></tr><tr><td>Public debt securities (par value)...</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Securities of Government enterprises...</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-)...</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other securities...............</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances to contractors and agents:</td><td></td><td></td><td></td></tr><tr><td>Government agencies...............</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other...............</td><td>-</td><td>-</td><td>36</td></tr><tr><td>Accounts and notes receivable:</td><td></td><td></td><td></td></tr><tr><td>Government agencies...............</td><td>-</td><td>40</td><td>17</td></tr><tr><td>Other (net)...............</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Inventories...............</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)...............</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued interest receivable:</td><td></td><td></td><td></td></tr><tr><td>On public debt securities...............</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On securities of Government enterprises</td><td>-</td><td>-</td><td>1,443</td></tr><tr><td>Loans receivable:</td><td></td><td></td><td></td></tr><tr><td>Government agencies...............</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: U. S. dollar loans...............</td><td>-</td><td>-</td><td>164,948</td></tr><tr><td>Foreign currency loans...............</td><td>-</td><td>-</td><td>-8,200</td></tr><tr><td>Allowance for losses (-)...............</td><td>-</td><td>-</td><td>150</td></tr><tr><td>Acquired security or collateral (net)...</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Land, structures, and equipment...............</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated depreciation (-)...............</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currencies...............</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other assets (net)...............</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total assets...............</td><td>99</td><td>43</td><td>158,531</td></tr><tr><td>LIABILITIES</td><td></td><td></td><td></td></tr><tr><td>Accounts payable:</td><td></td><td></td><td></td></tr><tr><td>Government agencies...............</td><td>-</td><td>-</td><td>24</td></tr><tr><td>Other...............</td><td>-</td><td>-</td><td>1</td></tr><tr><td>Accrued liabilities:</td><td></td><td></td><td></td></tr><tr><td>Government agencies...............</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other...............</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances from:</td><td></td><td></td><td></td></tr><tr><td>Government agencies...............</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other...............</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Trust and deposit liabilities:</td><td></td><td></td><td></td></tr><tr><td>Government agencies...............</td><td>-</td><td>-</td><td>168</td></tr><tr><td>Other...............</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Bonds, debentures, and notes payable:</td><td></td><td></td><td></td></tr><tr><td>Government agencies...............</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: Guaranteed by the U. S...............</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the U. S...............</td><td>34</td><td>-</td><td>21</td></tr><tr><td>Other liabilities (including reserves)...</td><td>-</td><td>-</td><td>215 2/</td></tr><tr><td>Total liabilities...............</td><td>34</td><td>-</td><td>-</td></tr><tr><td>NET INVESTMENT</td><td></td><td></td><td></td></tr><tr><td>United States interest:</td><td></td><td></td><td></td></tr><tr><td>Interest-bearing investment:</td><td></td><td></td><td></td></tr><tr><td>Capital stock...............</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Borrowings from the U. S. Treasury...</td><td>-</td><td>-</td><td>1,2,000</td></tr><tr><td>Other...............</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Noninterest-bearing investment:</td><td></td><td></td><td></td></tr><tr><td>Capital stock...............</td><td>802</td><td>50</td><td>-</td></tr><tr><td>Appropriations...............</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capitalization of assets (net)...............</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other...............</td><td>1,42</td><td>-</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-)...............</td><td>-878</td><td>-7</td><td>16,316</td></tr><tr><td>Deposits of general and special fund revenue (-)...............</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest...............</td><td>65</td><td>43</td><td>158,316</td></tr><tr><td>Total liabilities and investment...............</td><td>99</td><td>43</td><td>158,531</td></tr><tr><td>ANALYSIS OF UNITED STATES INVESTMENT</td><td></td><td></td><td></td></tr><tr><td>United States investment...............</td><td>944</td><td>50</td><td>1,2,000</td></tr><tr><td>Accumulated net income, or deficit (-)...............</td><td>-878</td><td>-7</td><td>16,316</td></tr><tr><td>U. S. investment incl. interagency items...............</td><td>65</td><td>43</td><td>158,316</td></tr><tr><td>Interagency items:</td><td></td><td></td><td></td></tr><tr><td>Due from Government agencies (-)...............</td><td>-</td><td>-</td><td>-36</td></tr><tr><td>Due to Government agencies...............</td><td>-</td><td>-</td><td>24</td></tr><tr><td>U. S. investment excl. interagency items...............</td><td>65</td><td>43</td><td>158,305</td></tr></table>
Footnotes at end of Table 8.
88
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 3.- Intragovernmental Revolving Funds, December 31, 1959
(In thousands of dollars)
<table><tr><th>Account</th><th>Total</th><th>Legislative Branch Government Printing Office</th><th>Civil Service Commission</th><th>Veterans' Administration</th><th colspan="3">General Services Administration</th></tr><tr><th></th><th></th><th></th><th>Investigations</th><th>Supply fund</th><th>Buildings management fund</th><th>General supply fund</th><th>Other 1/</th></tr><tr><td>ASSETS</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash in banks, on hand, and in transit...</td><td>2,303</td><td>706</td><td>-</td><td>1,525</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 2/...</td><td>1,423,831</td><td>7,420</td><td>3,377</td><td>8,309</td><td>12,282</td><td>27,823</td><td>2,141</td></tr><tr><td>Investments:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Public debt securities (par value)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Securities of Government enterprises</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other securities (net)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances to contractors and agents:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>8,254</td><td>-</td><td>39</td><td>151</td><td>-</td><td>138</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>371</td><td>4</td><td>2</td><td>*</td></tr><tr><td>Accounts and notes receivables:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>721,625</td><td>9,947</td><td>742</td><td>6,940</td><td>9,278</td><td>38,142</td><td>749</td></tr><tr><td>Other (net)</td><td>38,318</td><td>35</td><td>*</td><td>157</td><td>206</td><td>325</td><td>*</td></tr><tr><td>Inventories</td><td>8,576,967</td><td>24,878</td><td>777</td><td>32,625</td><td>13,814</td><td>50,085</td><td>44</td></tr><tr><td>Allowance for losses (-)</td><td>-135</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued interest receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>On public debt securities</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On securities of Government enterprises</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Loans receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net)</td><td>415,018</td><td>27,926</td><td>654</td><td>308</td><td>3,963</td><td>26,381</td><td>237</td></tr><tr><td>Land, structures, and equipment</td><td>-166,393</td><td>-11,113</td><td>-428</td><td>-85</td><td>-1,922</td><td>-7,553</td><td>-118</td></tr><tr><td>Accumulated depreciation (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other assets (net)</td><td>45,738</td><td>2,429</td><td>1</td><td>-</td><td>521</td><td>100</td><td>2</td></tr><tr><td>Total assets</td><td>11,066,929</td><td>62,228</td><td>5,162</td><td>50,303</td><td>38,145</td><td>135,443</td><td>3,056</td></tr><tr><td>LIABILITIES</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>253,432</td><td>52</td><td>1</td><td>1,018</td><td>1,793</td><td>309</td><td>87</td></tr><tr><td>Other</td><td>261,362</td><td>2,848</td><td>2</td><td>8,911</td><td>12,740</td><td>11,260</td><td>417</td></tr><tr><td>Accrued liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>299</td><td>37</td><td>56</td><td>21</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>76,325</td><td>532</td><td>444</td><td>711</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances from:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>43,831</td><td>-</td><td>-</td><td>-</td><td>2,678</td><td>20,736</td><td>1,084</td></tr><tr><td>Other</td><td>3,792</td><td>1,008</td><td>-</td><td>-</td><td>-</td><td>68</td><td>-</td></tr><tr><td>Trust and deposit liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>2,418</td><td>1,405</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>180</td><td>101</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Bonds, debentures, and notes payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Guaranteed by the United States</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the United States</td><td>196,016</td><td>2,577</td><td>663</td><td>-</td><td>20,244</td><td>596</td><td>960</td></tr><tr><td>Other liabilities (including reserves)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total liabilities</td><td>837,657</td><td>8,660</td><td>1,166</td><td>10,661</td><td>37,455</td><td>32,968</td><td>2,548</td></tr><tr><td>NET INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States interest:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing investment:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Borrowings from the U. S. Treasury</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Noninterest-bearing investment:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock</td><td>1,296,532</td><td>1,000</td><td>4,000</td><td>-</td><td>3,500</td><td>95,750</td><td>50</td></tr><tr><td>Appropriations</td><td>3,875,946</td><td>42,901</td><td>-</td><td>39,669</td><td>4,384</td><td>7,112</td><td>195</td></tr><tr><td>Capitalization (net)</td><td>8,654,851</td><td>-</td><td>-</td><td>-</td><td>-8,616</td><td>-</td><td>-577</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>-3,598,057</td><td>9,668</td><td>-4</td><td>-27</td><td>1,423</td><td>-387</td><td>840</td></tr><tr><td>Deposits of general and special fund revenues (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest</td><td>10,229,272</td><td>53,568</td><td>3,996</td><td>39,669</td><td>591</td><td>102,862</td><td>208</td></tr><tr><td>Total liabilities and investment</td><td>11,066,929</td><td>62,228</td><td>5,162</td><td>50,303</td><td>18,145</td><td>135,443</td><td>3,056</td></tr><tr><td>ANALYSIS OF UNITED STATES INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States investment</td><td>13,827,329</td><td>43,901</td><td>4,000</td><td>39,669</td><td>-732</td><td>102,862</td><td>-332</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>-3,598,057</td><td>9,668</td><td>-4</td><td>-27</td><td>1,423</td><td>-387</td><td>840</td></tr><tr><td>Total United States investment including interagency items</td><td>10,229,272</td><td>53,568</td><td>3,996</td><td>39,662</td><td>691</td><td>102,475</td><td>508</td></tr><tr><td>Interagency items:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Due from Government agencies (-)</td><td>-722,028</td><td>-9,947</td><td>-742</td><td>-7,091</td><td>-9,278</td><td>-38,280</td><td>-749</td></tr><tr><td>Due to Government agencies</td><td>299,980</td><td>1,474</td><td>58</td><td>1,039</td><td>4,471</td><td>21,045</td><td>1,171</td></tr><tr><td>Total United States investment after exclusion of interagency items</td><td>9,807,225</td><td>45,115</td><td>3,312</td><td>33,589</td><td>-4,116</td><td>85,240</td><td>930</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
April 1960
89
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 3.- Intragovernmental Revolving Funds, December 31, 1959 - (Continued
(In thousands of dollars)
<table><tr><th>Account</th><th colspan="2">Agriculture Department</th><th rowspan="2">Working capital fund</th><th colspan="2">Commerce Department</th><th colspan="2">Defense Department</th></tr><tr><th></th><th>Agricultural Research Service</th><th>Forest Service</th><th>National Bureau of Standerde</th><th>Working capital fund 3/</th><th>Working capital fund</th><th>Stock fund</th><th>Industrial fund</th></tr><tr><th colspan="8">ASSETS</th></tr><tr><td>Cash in banks, on hand, and in transit....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 2/....</td><td>491</td><td>3,716</td><td>409</td><td>11,922</td><td>44</td><td>230,972</td><td>72,522</td></tr><tr><td>Investments:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Public debt securities (par value)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Securities of Government enterprises....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other securities (net)....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances to contractors and agents:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Congressional agencies....................</td><td>-</td><td>1</td><td>3</td><td>1</td><td>-</td><td>1,585</td><td>52</td></tr><tr><td>Other.....................................</td><td>-</td><td>-</td><td>-</td><td>34</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accounts and notes receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....................</td><td>202</td><td>1,416</td><td>320</td><td>4,729</td><td>477</td><td>144,807</td><td>56,198</td></tr><tr><td>Other (*).<br>Allowance for losses (-)............</td><td>*109</td><td>17</td><td>9</td><td>150</td><td>-</td><td>13,916</td><td>517</td></tr><tr><td>Inventories:</td><td>109</td><td>1,013</td><td>268</td><td>2,986</td><td>111</td><td>444,301</td><td>1,112</td></tr><tr><td>Accrued interest receivable:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On public debt securities................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On securities of Government enterprises....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.....................................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Loans receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.....................................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Land, structures, and equipment:</td><td>544</td><td>29,705</td><td>883</td><td>55,037</td><td>611</td><td>-</td><td>-</td></tr><tr><td>Accumulated depreciation (-)............</td><td>-311</td><td>-15,523</td><td>-471</td><td>-17,238</td><td>-265</td><td>-</td><td>-</td></tr><tr><td>Other assets (net)....................</td><td>-</td><td>126</td><td>3</td><td>702</td><td>-</td><td>11,932</td><td>8,340</td></tr><tr><td>Total assets....................</td><td>1,036</td><td>20,472</td><td>1,424</td><td>58,322</td><td>979</td><td>847,512</td><td>138,742</td></tr><tr><th colspan="8">LIABILITIES</th></tr><tr><td>Accounts payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....................</td><td>42</td><td>184</td><td>79</td><td>78</td><td>-</td><td>58,200</td><td>34,957</td></tr><tr><td>Other.....................................</td><td>9</td><td>884</td><td>62</td><td>1,165</td><td>190</td><td>85,076</td><td>9,836</td></tr><tr><td>Accrued liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....................</td><td>153</td><td>28</td><td>3</td><td>-</td><td>-</td><td>-</td><td>1,016</td></tr><tr><td>Other.....................................</td><td>-</td><td>187</td><td>100</td><td>850</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances from:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....................</td><td>-</td><td>50</td><td>-</td><td>10,121</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.....................................</td><td>-</td><td>2</td><td>-</td><td>3</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Trust and deposit liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....................</td><td>60</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.....................................</td><td>7</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Bonds, debentures, and notes payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Guaranteed by the United States............</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the United States........</td><td>209</td><td>376</td><td>184</td><td>1,776</td><td>103</td><td>406</td><td>2,185</td></tr><tr><td>Other liabilities (including reserves).....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total liabilities....................</td><td>480</td><td>1,711</td><td>427</td><td>13,994</td><td>293</td><td>143,682</td><td>47,995</td></tr><tr><th colspan="8">NET INVESTMENT</th></tr><tr><td>United States interest:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing investment:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Borrowings from the U. S. Treasury......</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.....................................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Noninterest-bearing investment:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock....................</td><td>300</td><td>-</td><td>400</td><td>6,150</td><td>100</td><td>171,300</td><td>81,000</td></tr><tr><td>Appropriations....................</td><td>245</td><td>16,382</td><td>523</td><td>37,947</td><td>252</td><td>692,520</td><td>-814</td></tr><tr><td>Capitalization of assets (net)............</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.....................................</td><td>11</td><td>2,379</td><td>74</td><td>231</td><td>334</td><td>-159,990</td><td>10,561</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Deposits of general and special fund revenues (-)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest....................</td><td>556</td><td>18,761</td><td>997</td><td>44,328</td><td>686</td><td>703,831</td><td>90,747</td></tr><tr><td>Total liabilities and investment....................</td><td>1,036</td><td>20,472</td><td>1,424</td><td>58,322</td><td>979</td><td>847,512</td><td>138,742</td></tr><tr><th colspan="8">ANALYSIS OF UNITED STATES INVESTMENT</th></tr><tr><td>United States investment....................</td><td>545</td><td>16,382</td><td>923</td><td>44,097</td><td>352</td><td>863,820</td><td>80,186</td></tr><tr><td>Accumulated net income, or deficit (-)............</td><td>11</td><td>2,379</td><td>74</td><td>231</td><td>334</td><td>-159,990</td><td>10,561</td></tr><tr><th colspan="8">Total United States investment including interagency items</th></tr><tr><td>interagency items:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Due from Government agencies (-)............</td><td>556</td><td>18,761</td><td>997</td><td>44,328</td><td>686</td><td>703,831</td><td>90,747</td></tr><tr><td>Due to Government agencies....................</td><td>-202</td><td>-1,416</td><td>-320</td><td>-4,729</td><td>-477</td><td>-144,807</td><td>-56,198</td></tr><tr><td>Due to Government agencies....................</td><td>102</td><td>262</td><td>82</td><td>10,199</td><td>-</td><td>58,200</td><td>34,957</td></tr><tr><td>Total United States investment after exclusion of interagency items....................</td><td>455</td><td>17,607</td><td>758</td><td>49,798</td><td>209</td><td>617,224</td><td>69,506</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
90
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 3.- Intragovernmental Revolving Funds, December 31, 1959 - (Continued)
(In thousands of dollars)
<table><tr><th rowspan="2">Account</th><th colspan="3">Army Department</th><th colspan="3">Navy Department</th><th rowspan="2">Health, Education, and Welfare Dept. Office of the Secretary Working capital fund</th></tr><tr><th>Stock fund</th><th>Industrial fund</th><th>Corps of Engineers</th><th>Stock fund</th><th>Industrial fund</th><th>Marine Corps stock fund</th></tr><tr><td colspan="8">ASSETS</td></tr><tr><td>Cash in banks, on hand, and in transit....</td><td>341,213</td><td>173,983</td><td>29,404</td><td>282,642</td><td>155,295</td><td>43,789</td><td>304</td></tr><tr><td>Fund balances with the U. S. Treasury 2/...</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Investments:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Public debt securities (par value)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Securities of Government enterprises....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other securities (net).....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances to contractors and agents:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies.........................</td><td>4,957</td><td>249</td><td>-</td><td>955</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.........................................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accounts and notes receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies.........................</td><td>262,304</td><td>27,887</td><td>18,922</td><td>57,991</td><td>73,142</td><td>397</td><td>33</td></tr><tr><td>Other (net).............................</td><td>4,443</td><td>1,188</td><td>463</td><td>16,082</td><td>371</td><td>233</td><td>-</td></tr><tr><td>Inventories..................................</td><td>5,169,133</td><td>96,541</td><td>8,227</td><td>2,109,082</td><td>207,596</td><td>385,667</td><td>123</td></tr><tr><td>Allowance for losses (-).....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued interest receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>On public debt securities..................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On securities of Government enterprises....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.........................................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Loans receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies.........................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.........................................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-).....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net)......</td><td>-</td><td>-</td><td>203,916</td><td>-</td><td>-</td><td>-</td><td>229</td></tr><tr><td>Land, structures, and equipment:</td><td></td><td></td><td>-89,774</td><td>-</td><td>-</td><td>-</td><td>-141</td></tr><tr><td>Accumulated depreciation (-)................</td><td>10,212</td><td>3,346</td><td>-</td><td>-17</td><td>7,328</td><td>1,258</td><td>13</td></tr><tr><td>Other assets (net)............................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total assets</td><td>5,792,263</td><td>303,193</td><td>171,158</td><td>2,466,735</td><td>443,732</td><td>431,345</td><td>562</td></tr><tr><td colspan="8">LIABILITIES</td></tr><tr><td>Accounts payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies..........................</td><td>61,006</td><td>5,388</td><td>2,264</td><td>59,948</td><td>3,772</td><td>22,908</td><td>57</td></tr><tr><td>Other.........................................</td><td>55,419</td><td>12,392</td><td>7,639</td><td>22,765</td><td>11,793</td><td>14,646</td><td>30</td></tr><tr><td>Accrued liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies..........................</td><td>-</td><td>21,914</td><td>-</td><td>-</td><td>48,964</td><td>-</td><td>42</td></tr><tr><td>Other.........................................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances from:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies..........................</td><td>-</td><td>678</td><td>2,020</td><td>-</td><td>2,032</td><td>-</td><td>37</td></tr><tr><td>Other.........................................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Trust and deposit liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies..........................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.........................................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Bonds, debentures, and notes payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies..........................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Guaranteed by the United States.............</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the United States.........</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other liabilities (including reserves).......</td><td>-18,418</td><td>35,006</td><td>18,622</td><td>12,672</td><td>88,713</td><td>6,850</td><td>68</td></tr><tr><td>Total liabilities</td><td>98,008</td><td>75,379</td><td>50,344</td><td>95,385</td><td>155,275</td><td>44,404</td><td>233</td></tr><tr><td colspan="8">NET INVESTMENT</td></tr><tr><td>United States interest:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing investment:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Borrowings from the U. S. Treasury........</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.........................................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Noninterest-bearing investment:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock</td><td>-</td><td>206,930</td><td>25,241</td><td>486,587</td><td>303,090</td><td>-93,000</td><td>-</td></tr><tr><td>Appropriations</td><td>-</td><td>21,686</td><td>90,605</td><td>2,336,599</td><td>-34,712</td><td>575,904</td><td>220</td></tr><tr><td>Capitalization of assets (net).............</td><td>8,655,105</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.........................................</td><td>-2,960,850</td><td>-802</td><td>4,968</td><td>-451,837</td><td>20,080</td><td>-95,963</td><td>108</td></tr><tr><td>Accumulated net income, or deficit (-).....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Deposits of general and special fund</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>revenues (-)..................................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest................</td><td>5,694,255</td><td>227,814</td><td>120,814</td><td>2,371,349</td><td>288,457</td><td>386,941</td><td>328</td></tr><tr><td>Total liabilities and investment............</td><td>5,792,263</td><td>303,193</td><td>171,158</td><td>2,466,735</td><td>443,732</td><td>431,345</td><td>562</td></tr><tr><td colspan="8">ANALYSIS OF UNITED STATES INVESTMENT</td></tr><tr><td>United States investment.....................</td><td>8,655,105</td><td>228,616</td><td>115,846</td><td>2,823,186</td><td>268,378</td><td>482,904</td><td>220</td></tr><tr><td>Accumulated net income, or deficit (-).....</td><td>-2,960,850</td><td>-802</td><td>4,968</td><td>-451,837</td><td>20,080</td><td>-95,963</td><td>108</td></tr><tr><td>Total United States investment including</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>interagency items:</td><td>5,694,255</td><td>227,814</td><td>120,814</td><td>2,371,349</td><td>288,457</td><td>386,941</td><td>328</td></tr><tr><td>Interagency items:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Due from Government agencies (-)............</td><td>-262,304</td><td>-27,887</td><td>-18,922</td><td>-57,991</td><td>-73,142</td><td>-397</td><td>-33</td></tr><tr><td>Due to Government agencies..................</td><td>61,006</td><td>5,388</td><td>4,284</td><td>59,948</td><td>3,772</td><td>22,908</td><td>93</td></tr><tr><td>Total United States investment after</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>exclusion of interagency items................</td><td>5,492,958</td><td>205,315</td><td>106,176</td><td>2,373,307</td><td>219,088</td><td>409,452</td><td>388</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
April 1960
91
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 3.- Intragovernmental Revolving Funds, December 31, 1959 - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th colspan="2">HEW Department - (Continued)</th><th>Interior Department</th><th>Justice Department</th><th>Labor Department</th><th>Treasury Department</th><th>United States Coast Guard</th></tr><tr><th></th><th colspan="2">Public Health Service</th><th>Office of the Secretary</th><th>Federal Prison Industries, Inc.</th><th>Office of the Secretary</th><th>Bureau of Engraving and Printing</th><th>Supply fund</th><th>Yard fund</th></tr><tr><th></th><th>Service and supply fund</th><th>Nerotic hospitals Working capital fund</th><th>Working capital fund</th><th>Working capital fund</th><th>Working capital fund</th><th></th><th></th><th></th></tr><tr><td>ASSETS</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash in banks, on hand, and in transit</td><td>835</td><td>50</td><td>109</td><td>42</td><td>139</td><td>30</td><td>2,558</td><td>2,866</td></tr><tr><td>Fund balances with the U. S. Treasury 2/...</td><td></td><td></td><td></td><td>6,554</td><td></td><td>2,662</td><td></td><td></td></tr><tr><td>Investments:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Public debt securities (par value)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Securities of Government enterprises</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other securities (net)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances to contractors and agents:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td><td>111</td><td>2</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accounts and notes receivable:</td><td>381</td><td>-</td><td>357</td><td>2,807</td><td>*</td><td>2,221</td><td>999</td><td>235</td></tr><tr><td>Government agencies</td><td>1,436</td><td>107</td><td>103</td><td>19</td><td>*</td><td>1</td><td>74</td><td>5</td></tr><tr><td>Other (net)</td><td>-</td><td>272</td><td>-</td><td>8,431</td><td>53</td><td>7,026</td><td>4,582</td><td>6,570</td></tr><tr><td>Inventories</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-64</td><td>-</td><td>-71</td></tr><tr><td>Allowance for losses (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued interest receivable:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On public debt securities</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On securities of Government enterprises</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Loans receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net)</td><td>253</td><td>415</td><td>227</td><td>16,525</td><td>108</td><td>35,046</td><td>-</td><td>12,049</td></tr><tr><td>Land, structures, and equipment</td><td>-119</td><td>-235</td><td>-106</td><td>-6,389</td><td>-40</td><td>-9,167</td><td>-</td><td>-5,393</td></tr><tr><td>Accumulated depreciation (-)</td><td>4</td><td>11</td><td>-</td><td>61</td><td>-</td><td>329</td><td>-</td><td>35</td></tr><tr><td>Other assets (net)</td><td>2,791</td><td>620</td><td>689</td><td>28,049</td><td>261</td><td>38,196</td><td>8,216</td><td>16,296</td></tr><tr><td>Total assets</td><td>2,791</td><td>620</td><td>689</td><td>28,049</td><td>261</td><td>38,196</td><td>8,216</td><td>16,296</td></tr><tr><td>LIABILITIES</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>24</td><td>24</td><td>368</td><td>28</td><td>15</td><td>774</td><td>79</td></tr><tr><td>Other</td><td>438</td><td>69</td><td>84</td><td>1,343</td><td>52</td><td>522</td><td>673</td><td>96</td></tr><tr><td>Accrued liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>36</td><td>154</td><td>-</td><td>63</td></tr><tr><td>Other</td><td>41</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,271</td><td>-</td><td>-</td></tr><tr><td>Advances from:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-25</td><td>-</td><td>-</td><td>7,131</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Trust and deposit liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>107</td><td>23</td><td>543</td><td>-</td><td>280</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>9</td><td>-</td><td>19</td><td>-</td><td>46</td></tr><tr><td>Bonds, debentures, and notes payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Guaranteed by the United States</td><td>152</td><td>-</td><td>73</td><td>414</td><td>82</td><td>1,114</td><td>-</td><td>492</td></tr><tr><td>Not guaranteed by the United States</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other liabilities (including reserves)</td><td>630</td><td>69</td><td>181</td><td>2,241</td><td>197</td><td>3,638</td><td>1,448</td><td>8,185</td></tr><tr><td>Total liabilities</td><td>630</td><td>69</td><td>181</td><td>2,241</td><td>197</td><td>3,638</td><td>1,448</td><td>8,185</td></tr><tr><td>NET INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States interest:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing investment:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Borrowings from the U. S. Treasury</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Noninterest-bearing investment:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock</td><td>450</td><td>134</td><td>300</td><td>-</td><td>-</td><td>3,250</td><td>-</td><td>-</td></tr><tr><td>Appropriations</td><td>1,548</td><td>74</td><td>178</td><td>5,317</td><td>87</td><td>22,001</td><td>6,772</td><td>8,353</td></tr><tr><td>Capitalisation of assets (net)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>8,939</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>164</td><td>343</td><td>30</td><td>20,491</td><td>-24</td><td>369</td><td>-4</td><td>-243</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Deposit of general and special fund revenue (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest</td><td>2,161</td><td>551</td><td>508</td><td>25,808</td><td>64</td><td>34,558</td><td>6,768</td><td>8,110</td></tr><tr><td>Total liabilities and investment</td><td>2,791</td><td>620</td><td>689</td><td>28,049</td><td>261</td><td>38,196</td><td>8,216</td><td>16,296</td></tr><tr><td>ANALYSIS OF UNITED STATES INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States investment</td><td>1,998</td><td>208</td><td>478</td><td>5,317</td><td>87</td><td>34,190</td><td>6,772</td><td>8,353</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>164</td><td>343</td><td>30</td><td>20,491</td><td>-24</td><td>369</td><td>-4</td><td>-243</td></tr><tr><td>Total United States investment including interagency items</td><td>2,161</td><td>551</td><td>508</td><td>25,808</td><td>64</td><td>34,558</td><td>6,768</td><td>8,110</td></tr><tr><td>Interagency items:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Due from Government agencies (-)</td><td>-383</td><td>-</td><td>-357</td><td>-2,807</td><td>*</td><td>-2,332</td><td>-999</td><td>-235</td></tr><tr><td>Due to Government agencies</td><td>-</td><td>-</td><td>24</td><td>475</td><td>26</td><td>712</td><td>774</td><td>7,489</td></tr><tr><td>Total United States investment after exclusion of interagency items</td><td>1,778</td><td>551</td><td>174</td><td>23,477</td><td>90</td><td>32,938</td><td>6,543</td><td>15,364</td></tr></table>
Footnotes at end of Table 8.
92
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, December 31, 1959
(In thousands of dollars)
<table><tr><th>Account</th><th>Total 1/</th><th colspan="2">International Cooperation Administrative Loan program</th><th>Canal Zone Government</th><th>Civil Service Commission 2/</th><th>Export-Import Bank of Washington</th><th>Federal Communications Commission</th></tr><tr><th></th><th></th><th>U.S. dollar loans</th><th>Foreign currency loans</th><th></th><th></th><th>Foreign currency loans 3/</th><th></th></tr><tr><td>ASSETS</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash in banks, on hand, and in transit.</td><td>1,743</td><td>650</td><td>-</td><td>115</td><td>11,862</td><td>-</td><td>6,285</td></tr><tr><td>Fund balances with the U.S. Treasury 4/.</td><td>1,801,969</td><td>9,578</td><td>-</td><td>16,552</td><td></td><td>-</td><td></td></tr><tr><td>Investments:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Public debt securities (par value)....</td><td>5,987</td><td>-</td><td>-</td><td>5,750</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Securities of Government enterprises....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-)....</td><td>-6</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other securities.....................</td><td>4,938,048</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances to contractors and agents:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies..................</td><td>10,047</td><td>-</td><td>-</td><td>-</td><td>19</td><td>-</td><td>-</td></tr><tr><td>Other.....................</td><td>359</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accounts and notes receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies..................</td><td>4,148</td><td>-</td><td>-</td><td>2,250</td><td>48</td><td>-</td><td>64</td></tr><tr><td>Other (net).....................</td><td>2,647,869</td><td>-</td><td>-</td><td>401</td><td>1</td><td>-</td><td>7</td></tr><tr><td>Inventories:</td><td>6,879,907</td><td>-</td><td>-</td><td>143</td><td>84</td><td>-</td><td>12</td></tr><tr><td>Allowance for losses (-)................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued interest receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>On public debt securities................</td><td>33</td><td>-</td><td>-</td><td>21</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On securities of Government enterprises....</td><td>108,864</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.....................</td><td>390,303</td><td>6,874</td><td>4,411</td><td>-</td><td>-</td><td>560</td><td>-</td></tr><tr><td>Loans receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies..................</td><td>2,659</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other U.S. dollar loans................</td><td>9,603,996</td><td>1,787,799</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currency loans................</td><td>1,277,276</td><td>-</td><td>1,254,847</td><td>-</td><td>-</td><td>22,429</td><td>-</td></tr><tr><td>Allowance for losses (-)................</td><td>-92,853</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net).....</td><td>62,518</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Land, structures, and equipment.........</td><td>6,706,992</td><td>-</td><td>-</td><td>46,231</td><td>2,425</td><td>-</td><td>3,541</td></tr><tr><td>Accumulated depreciation (-)............</td><td>-1,910,266</td><td>-</td><td>-</td><td>-16,849</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currency loans................</td><td>101,109</td><td>-</td><td>-</td><td>-</td><td>-</td><td>101,109</td><td>-</td></tr><tr><td>Other assets (net)....................</td><td>767,498</td><td>15,563</td><td>-</td><td>3,245</td><td>2</td><td>-</td><td>-</td></tr><tr><td>Total assets.....................</td><td>33,308,399</td><td>1,820,465</td><td>1,259,259</td><td>57,859</td><td>14,441</td><td>124,098</td><td>9,909</td></tr><tr><td>LIABILITIES</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies..................</td><td>11,885</td><td>-</td><td>-</td><td>3,750</td><td>5</td><td>-</td><td>394</td></tr><tr><td>Other.....................</td><td>48,449</td><td>-</td><td>-</td><td>-</td><td>10</td><td>-</td><td>-</td></tr><tr><td>Accrued liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies..................</td><td>5,103</td><td>4,460</td><td>-</td><td>-</td><td>342</td><td>-</td><td>-</td></tr><tr><td>Other.....................</td><td>134,719</td><td>-</td><td>-</td><td>764</td><td>985</td><td>-</td><td>5,798</td></tr><tr><td>Advances from:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies..................</td><td>81,689</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Trust and deposit liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies..................</td><td>18,776</td><td>205</td><td>-</td><td>-</td><td>752</td><td>-</td><td>333</td></tr><tr><td>Other.....................</td><td>11,422</td><td>-</td><td>1,328</td><td>5,640</td><td>33</td><td>-</td><td>1</td></tr><tr><td>Bonds, debentures, and notes payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies..................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: Guaranteed by the U.S. ............</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the U.S. ............</td><td>89,413</td><td>15,563</td><td>-</td><td>1,002</td><td>-</td><td>-</td><td>1,237</td></tr><tr><td>Other liabilities (including reserves)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total liabilities....................</td><td>401,456</td><td>20,229</td><td>1,328</td><td>11,156</td><td>2,127</td><td>-</td><td>7,762</td></tr><tr><td>NET INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States interest:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing investments:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock.....................</td><td>4,488,223</td><td>1,151,004</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Borrowings from the U.S. Treasury......</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Noninterest-bearing investments:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock.....................</td><td>18,111,898</td><td>666,212</td><td>-</td><td>13,934</td><td>11,144</td><td>-</td><td>-22</td></tr><tr><td>Appropriations....................</td><td>5,818,753</td><td>-</td><td>1,255,237</td><td>32,768</td><td>-</td><td>123,232</td><td>-</td></tr><tr><td>Capitalisation of assets (net).........</td><td>9,574,301</td><td>-</td><td>-</td><td>-</td><td>1,170</td><td>-</td><td>2,168</td></tr><tr><td>Other.....................</td><td>-3,349,584</td><td>-16,980</td><td>2,694</td><td>-</td><td>-</td><td>866</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Deposits of general and special fund revenues (-)....</td><td>-1,736,647</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest............</td><td>32,906,943</td><td>1,800,236</td><td>1,257,930</td><td>46,703</td><td>12,314</td><td>124,098</td><td>2,147</td></tr><tr><td>Total liabilities and investment.........</td><td>33,308,399</td><td>1,820,465</td><td>1,259,259</td><td>57,859</td><td>14,441</td><td>124,098</td><td>9,909</td></tr><tr><td>ANALYSIS OF UNITED STATES INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States investment................</td><td>36,256,527</td><td>1,817,216</td><td>1,255,237</td><td>46,703</td><td>12,314</td><td>123,232</td><td>2,147</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-1,142,584</td><td>-16,980</td><td>2,694</td><td>-</td><td>-</td><td>866</td><td>-</td></tr><tr><td>U.S. investment incl. interagency items....</td><td>32,906,943</td><td>1,800,236</td><td>1,257,930</td><td>46,703</td><td>12,314</td><td>124,098</td><td>2,147</td></tr><tr><td>Intergagency items:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Due from Government agencies (-).........</td><td>-125,917</td><td>-</td><td>-</td><td>-2,250</td><td>-48</td><td>-</td><td>-64</td></tr><tr><td>Due to Government agencies................</td><td>117,453</td><td>4,665</td><td>-</td><td>3,750</td><td>1,099</td><td>-</td><td>727</td></tr><tr><td>U.S. investment excl. interagency items....</td><td>32,898,479</td><td>1,804,901</td><td>1,257,930</td><td>48,203</td><td>13,365</td><td>124,098</td><td>2,810</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
April 1960
93
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, December 31, 1959 - (Continued
(In thousands of dollars)
<table><tr><th>Account</th><th>Federal Mediation and Conciliation Service</th><th>Federal Power Commission</th><th>National Aeronautics and Space Administration</th><th>Panama Canal Company Panama Canal Bridge</th><th>Selective Service System</th><th>Small Business Administration</th><th>Veterans' Administration Loan guaranty fund</th></tr><tr><td>ASSETS</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash in banks, on hand, and in transit.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury &frac12;.</td><td>2,303</td><td>4,299</td><td>591,900</td><td>17,378</td><td>17,779</td><td>12,319</td><td>7,307</td></tr><tr><td>Public debt securities (par value).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Securities of Government enterprises.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other securities.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances to contractors and agents:</td><td>-</td><td>-</td><td>2,525</td><td>99</td><td>1</td><td>16</td><td>59</td></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accounts and notes receivable:</td><td>-</td><td>1</td><td>5</td><td>-</td><td>1</td><td>7</td><td>4,769</td></tr><tr><td>Government agencies.</td><td>-</td><td>1</td><td>5</td><td>-</td><td>1</td><td>7</td><td>-</td></tr><tr><td>Other (net).</td><td>10</td><td>676</td><td>19</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Inventories.</td><td>-</td><td>44</td><td>4,936</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued interest receivable.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On public debt securities.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On securities of Government enterprises</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>485</td></tr><tr><td>Loans receivable:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>272,756</td></tr><tr><td>Other: U. S. dollar loans.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currency loans.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>61,962</td></tr><tr><td>Acquired security or collateral (net).</td><td>333</td><td>918</td><td>310,304</td><td>-</td><td>6,093</td><td>1,009</td><td>-</td></tr><tr><td>Land, structures, and equipment (-).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated depreciation (-).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currencies.</td><td>-</td><td>-</td><td>129,635</td><td>2,622</td><td>-</td><td>-</td><td>24</td></tr><tr><td>Other assets (net).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total assets.</td><td>2,646</td><td>5,937</td><td>1,039,423</td><td>20,000</td><td>23,874</td><td>13,352</td><td>347,363</td></tr><tr><td>LIABILITIES</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies.</td><td>36</td><td>-</td><td>1,251</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>206</td><td>455</td><td>10,127</td><td>-</td><td>1,761</td><td>582</td><td>6,028</td></tr><tr><td>Accrued liabilities:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>15</td><td>-</td></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>695</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances from:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Trust and deposit liabilities:</td><td>108</td><td>211</td><td>2,384</td><td>-</td><td>808</td><td>477</td><td>-</td></tr><tr><td>Government agencies.</td><td>6</td><td>4</td><td>13</td><td>-</td><td>22</td><td>27</td><td>-</td></tr><tr><td>Other.</td><td>102</td><td>207</td><td>2,371</td><td>-</td><td>786</td><td>450</td><td>-</td></tr><tr><td>Bonds, debentures, and notes payable:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: Guaranteed by the U. S.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the U. S.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>7,886</td><td>727</td></tr><tr><td>Other liabilities (including reserves).</td><td>551</td><td>-</td><td>5,534</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total liabilities.</td><td>908</td><td>670</td><td>19,308</td><td>-</td><td>2,590</td><td>9,681</td><td>6,755 6/</td></tr><tr><td>NET INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States interest:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing investment:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Borrowings from the U. S. Treasury.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Noninterest-bearing investments:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock.</td><td>1,956</td><td>-</td><td>589,590</td><td>20,000</td><td>31,355</td><td>2,662</td><td>508,039</td></tr><tr><td>Appropriations.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>6,093</td><td>-</td><td>-</td></tr><tr><td>Capitalization of assets (net).</td><td>-218</td><td>5,267</td><td>430,525</td><td>-</td><td>-</td><td>1,009</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-16,164</td><td>-</td><td>-16,921</td></tr><tr><td>Accumulated net income, or deficit (-).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Deposits of general and special fund revenues (-).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-150,510</td></tr><tr><td>Total United States interest.</td><td>1,738</td><td>5,267</td><td>1,020,115</td><td>20,000</td><td>23,284</td><td>3,671</td><td>340,608</td></tr><tr><td>Total liabilities and investment.</td><td>2,646</td><td>5,937</td><td>1,039,423</td><td>20,000</td><td>23,874</td><td>13,352</td><td>347,363</td></tr><tr><td>ANALYSIS OF UNITED STATES INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States investment.</td><td>1,738</td><td>5,267</td><td>1,020,115</td><td>20,000</td><td>37,447</td><td>3,671</td><td>357,529</td></tr><tr><td>Accumulated net income, or deficit (-).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-16,164</td><td>-</td><td>-16,921</td></tr><tr><td>U. S. investment incl. interagency items.</td><td>1,738</td><td>5,267</td><td>1,020,115</td><td>20,000</td><td>21,284</td><td>3,671</td><td>340,608</td></tr><tr><td>Interagency items:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Due from Government agencies (-).</td><td>145</td><td>-1</td><td>-2,530</td><td>-</td><td>808</td><td>491</td><td>-</td></tr><tr><td>Due to Government agencies.</td><td>1,883</td><td>5,477</td><td>1,021,219</td><td>20,000</td><td>22,092</td><td>4,163</td><td>340,608</td></tr><tr><td>U. S. investment excl. interagency items.</td><td>1,883</td><td>5,477</td><td>1,021,219</td><td>20,000</td><td>22,092</td><td>4,163</td><td>340,608</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
94
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, December 31, 1959 - (Continued)
(In thousands of dollars)
<table><tr><th></th><th colspan="3">General Services Administration</th><th colspan="2">Agriculture Department</th><th rowspan="2">Commerce Department</th><th>HEW Department Office of Education</th></tr><tr><th>Account</th><th>Public Works Administration (in liquidation)</th><th>Strategic and critical materials</th><th>All other</th><th>Farmers' Home Administration</th><th>Rural Electrification Administration</th><th>Loans to students (World War II)</th></tr><tr><td>ASSETS</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash in banks, on hand, and in transit</td><td>-</td><td>-</td><td>-</td><td>75</td><td>413</td><td>148</td><td>-</td></tr><tr><td>Fund balances with the U.S. Treasury</td><td>-</td><td>72,062</td><td>400,394</td><td>89,485</td><td>8,545</td><td>422,394</td><td>-</td></tr><tr><td>Investments:</td><td></td><td></td><td></td><td></td><td></td><td>237</td><td>-</td></tr><tr><td>Public debt securities (per value)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-6</td><td>-</td></tr><tr><td>Securities of Government enterprises</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-)</td><td>-</td><td>-</td><td>60</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other securities</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances to contractors and agents:</td><td>-</td><td>35</td><td>3,944</td><td>-</td><td>-</td><td>42</td><td>-</td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>69</td><td>2</td><td>86</td><td>6</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accounts and notes receivable:</td><td>-</td><td>1,052</td><td>204</td><td>55</td><td>1</td><td>392</td><td>-</td></tr><tr><td>Government agencies</td><td>-</td><td>5,451</td><td>86,140</td><td>43</td><td>-</td><td>13,402</td><td>-</td></tr><tr><td>Other (net)</td><td>82</td><td>6,849,860</td><td>14,760</td><td>176</td><td>-</td><td>3,850</td><td>-</td></tr><tr><td>Inventories</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>12</td><td>-</td></tr><tr><td>Accrued interest receivable</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On public debt securities</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On securities of Government enterprises</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>749</td><td>-</td><td>376</td><td>20,032</td><td>150,074</td><td>1,775</td><td>112</td></tr><tr><td>Loans receivable:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies</td><td>79,102</td><td>-</td><td>-</td><td>801,212</td><td>3,082,749</td><td>2,659</td><td>318</td></tr><tr><td>Other: U.S. dollar loans</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>193,677</td><td>-</td></tr><tr><td>Foreign currency loans</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)</td><td>-</td><td>-</td><td>-</td><td>-83,273</td><td>-9,580</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net)</td><td>-</td><td>3</td><td>1,142,692</td><td>556</td><td>754</td><td>4,638,548</td><td>8/</td></tr><tr><td>Land, structures, and equipment</td><td>-</td><td>-</td><td>-</td><td>2,490</td><td>-754</td><td>-1,766,654</td><td>2/</td></tr><tr><td>Accumulated depreciation (-)</td><td>-</td><td>-</td><td>-26,552</td><td>-15</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other assets (net)</td><td>-</td><td>308</td><td>417,420</td><td>580</td><td>-</td><td>38,289</td><td>-</td></tr><tr><td>Total assets</td><td>79,933</td><td>6,928,772</td><td>2,039,508</td><td>831,420</td><td>3,232,288</td><td>3,548,771</td><td>430</td></tr><tr><td>LIABILITIES</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts payable</td><td>-</td><td>1,670</td><td>4,583</td><td>-</td><td>35</td><td>163</td><td>-</td></tr><tr><td>Government agencies</td><td>-</td><td>1,085</td><td>6,554</td><td>14</td><td>37</td><td>16,877</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued liabilities:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>248</td><td>26</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>1,671</td><td>471</td><td>124,335</td><td>-</td></tr><tr><td>Advances from:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>81,689</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Trust and deposit liabilities:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies</td><td>-</td><td>1,000</td><td>4,718</td><td>905</td><td>301</td><td>586</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>374</td><td>371</td><td>16</td><td>1,194</td><td>-</td></tr><tr><td>Bonds, debentures, and notes payable:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: Guaranteed by the U.S.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the U.S.</td><td>-</td><td>2,837</td><td>31,989</td><td>4,435</td><td>1,047</td><td>12,028</td><td>-</td></tr><tr><td>Other liabilities (including reserves)</td><td>-</td><td>6,591</td><td>48,219</td><td>7,644</td><td>1,933</td><td>236,871</td><td>-</td></tr><tr><td>Total liabilities</td><td>-</td><td>6,922,181</td><td>1,991,289</td><td>823,775</td><td>3,230,355</td><td>3,311,900</td><td>430</td></tr><tr><td>NET INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States interest:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing investment:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capital stock</td><td>-</td><td>-</td><td>-</td><td>303,211</td><td>3,034,008</td><td>-</td><td>-</td></tr><tr><td>Borrowings from the U.S. Treasury</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Noninterest-bearing investment:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capital stock</td><td>1,666,795</td><td>-</td><td>-</td><td>527,407</td><td>279,160</td><td>2,140,214</td><td>693</td></tr><tr><td>Appropriations</td><td>-</td><td>-</td><td>-</td><td>438,218</td><td>-</td><td>3,946,922</td><td>-</td></tr><tr><td>Capitalization of assets (net)</td><td>-</td><td>6,922,181</td><td>1,991,289</td><td>-4,448</td><td>-1,046</td><td>73</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-188,904</td><td>-80,205</td><td>-1,881,675</td><td>-264</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>-1,586,862</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Deposits of general and special fund revenues (-)</td><td>-</td><td>-</td><td>-</td><td>-251,708</td><td>-1,561</td><td>-893,634</td><td>-</td></tr><tr><td>Total United States interest</td><td>79,933</td><td>6,922,181</td><td>1,991,289</td><td>823,775</td><td>3,230,355</td><td>3,311,900</td><td>430</td></tr><tr><td>Total liabilities and investment</td><td>79,933</td><td>6,928,772</td><td>2,039,508</td><td>831,420</td><td>3,232,288</td><td>3,548,771</td><td>430</td></tr><tr><td>ANALYSIS OF UNITED STATES INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States investment</td><td>1,666,795</td><td>6,922,181</td><td>1,991,289</td><td>1,012,680</td><td>3,310,560</td><td>5,193,575</td><td>693</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>-1,586,862</td><td>-</td><td>-</td><td>-188,904</td><td>-80,205</td><td>-1,881,675</td><td>-264</td></tr><tr><td>U.S. investment incl. interagency items</td><td>79,933</td><td>6,922,181</td><td>1,991,289</td><td>823,775</td><td>3,230,355</td><td>3,311,900</td><td>430</td></tr><tr><td>Interagency items:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Due from Government agencies (-)</td><td>-</td><td>-1,087</td><td>-4,148</td><td>-55</td><td>-1</td><td>-3,093</td><td>-</td></tr><tr><td>Due to Government agencies</td><td>-</td><td>1,670</td><td>9,301</td><td>1,125</td><td>362</td><td>82,437</td><td>-</td></tr><tr><td>U.S. investment excl. interagency items</td><td>79,933</td><td>6,922,763</td><td>1,996,422</td><td>824,873</td><td>3,230,715</td><td>3,391,245</td><td>430</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
95
April 1960
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, December 31, 1959 - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th>Bonneville Power Administration</th><th>Southeastern Power Administration</th><th>Southwestern Power Administration</th><th>Immigration and Naturalization Service</th><th>Legal activities and general administration</th><th>State Department</th><th>International Boundary and Water Commission</th><th>Treasury Department</th><th>Miscellaneous loans and certain other assets</th></tr><tr><td>ASSETS</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash in banks, on hand, and in transit.</td><td>-</td><td>-</td><td>-</td><td>16</td><td>324</td><td>*</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Fund balances with the U.S. Treasury</td><td>35,828</td><td>1,436</td><td>8,317</td><td>33,928</td><td>27,138</td><td>4,880</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Investments:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Public debt securities (par value)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Securities of Government enterprises</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Unmortgaged premium, or discount (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>4,937,988</td><td>10/</td></tr><tr><td>Other securities</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances to contractors and agents:</td><td>3,500</td><td>-</td><td>1</td><td>-</td><td>-</td><td>-</td><td>1</td><td>-</td><td>-</td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accounts and notes receivable:</td><td>182</td><td>-</td><td>56</td><td>3</td><td>36</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other (net)</td><td>9,625</td><td>1,659</td><td>975</td><td>238</td><td>34</td><td>3</td><td>-</td><td>2,524,328</td><td>11/</td></tr><tr><td>Inventories</td><td>5,284</td><td>-</td><td>453</td><td>75</td><td>51</td><td>178</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued interest receivable</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On public debt securities</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>108,864</td><td>-</td></tr><tr><td>On securities of Government enterprises</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>204,854</td><td>-</td></tr><tr><td>Loans receivable:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>3,386,383</td><td>12/</td></tr><tr><td>Other U.S. dollar loans</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currency loans</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net)</td><td>443,535</td><td>87</td><td>26,094</td><td>13,908</td><td>5,383</td><td>62,643</td><td>-</td><td>-</td><td>-</td></tr><tr><td>land, structures, and equipment (net)</td><td>-91,195</td><td>-34</td><td>-5,005</td><td>-</td><td>-</td><td>-3,209</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated depreciation (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currencies</td><td>27,197</td><td>93</td><td>-1</td><td>35</td><td>124,337</td><td>8,148</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other assets (net)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total assets</td><td>433,956</td><td>3,240</td><td>30,890</td><td>48,204</td><td>157,302</td><td>72,643</td><td>-</td><td>11,162,417</td><td>-</td></tr><tr><td>LIABILITIES</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts payable</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies</td><td>-</td><td>*</td><td>652</td><td>1,459</td><td>-</td><td>117</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>2,484</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued liabilities:</td><td>-</td><td>12</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies</td><td>-</td><td>*</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances from:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Trust and deposit liabilities:</td><td>575</td><td>8</td><td>2,454</td><td>1,725</td><td>2,224</td><td>-</td><td>192</td><td>-</td><td>-</td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>17</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>1,184</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Bonds, debentures, and notes payable:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: Guaranteed by the U.S.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the U.S.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other liabilities (including reserves)</td><td>1,950</td><td>25</td><td>156</td><td>-</td><td>-</td><td>2,446</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total liabilities</td><td>6,194</td><td>46</td><td>3,279</td><td>3,184</td><td>2,224</td><td>2,755</td><td>-</td><td>-</td><td>-</td></tr><tr><td>NET INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States interest:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing investment:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Borrowings from the U.S. Treasury</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Noninterest-bearing investment:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capital stock</td><td>608,546</td><td>9,763</td><td>29,512</td><td>30,999</td><td>25,307</td><td>99,932</td><td>-</td><td>10,848,699</td><td>-</td></tr><tr><td>Appropriations</td><td>17,705</td><td>105</td><td>560</td><td>-</td><td>-</td><td>-2,088</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capitalisation of assets (net)</td><td>77,607</td><td>13/</td><td>-334</td><td>14,021</td><td>129,771</td><td>214</td><td>-</td><td>313,718</td><td>-</td></tr><tr><td>Other</td><td>42,915</td><td>87,061</td><td>17,605</td><td>-</td><td>-</td><td>-26,468</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Deposits of general and special fund</td><td>319,011</td><td>-93,401</td><td>-25,121</td><td>-</td><td>-</td><td>-1,701</td><td>-</td><td>-</td><td>-</td></tr><tr><td>revenues (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest</td><td>1,277,763</td><td>3,194</td><td>27,611</td><td>45,020</td><td>155,078</td><td>69,888</td><td>-</td><td>11,162,417</td><td>-</td></tr><tr><td>Total liabilities and investment</td><td>433,956</td><td>3,240</td><td>30,890</td><td>48,204</td><td>157,302</td><td>72,643</td><td>-</td><td>11,162,417</td><td>-</td></tr><tr><td>ANALYSIS OF UNITED STATES INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States investment</td><td>384,818</td><td>-83,868</td><td>10,006</td><td>45,020</td><td>155,078</td><td>96,356</td><td>-</td><td>10,848,699</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>42,915</td><td>87,061</td><td>17,605</td><td>-</td><td>-</td><td>-26,468</td><td>-</td><td>313,718</td><td>-</td></tr><tr><td>U.S. investment incl. interagency items</td><td>427,763</td><td>3,194</td><td>27,611</td><td>45,020</td><td>155,078</td><td>69,888</td><td>-</td><td>11,162,417</td><td>-</td></tr><tr><td>Interagency items:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Due from Government agencies (-)</td><td>-3,682</td><td>-</td><td>-56</td><td>-3</td><td>-36</td><td>-</td><td>-</td><td>-108,864</td><td>-</td></tr><tr><td>Due to Government agencies</td><td>575</td><td>20</td><td>2,454</td><td>1,725</td><td>2,224</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>U.S. investment excl. interagency items</td><td>424,656</td><td>3,214</td><td>30,008</td><td>46,742</td><td>157,267</td><td>63,893</td><td>-</td><td>11,053,553</td><td>-</td></tr></table>
96
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 5.- Certain Deposit Funds, December 31, 1959
(In thousands of dollars)
<table><tr><th>Account</th><th>Total</th><th>Farm Credit Administration<br>Banks for cooperatives</th><th>Federal intermediate credit banks</th><th>Federal Deposit Insurance Corporation</th><th>Federal Home Loan Bank<br>Federal home loan banks</th></tr><tr><td><b>ASSETS</b></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash in banks, on hand, and in transit</td><td>124,525</td><td>21,638</td><td>14,253</td><td>178</td><td>88,455</td></tr><tr><td>Fund balances with the U. S. Treasury</td><td>17,633</td><td>11</td><td>277</td><td>2,729</td><td>14,615</td></tr><tr><td>Investments:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Public debt securities (par value)</td><td>3,424,679</td><td>42,963</td><td>106,260</td><td>2,181,496</td><td>1,093,960</td></tr><tr><td>Securities of wholly owned Govt. enterprises</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Unamortised premium, or discount (-)</td><td>-5,640</td><td>106</td><td>-61</td><td>-3,465</td><td>-2,221</td></tr><tr><td>Other securities</td><td>1,500</td><td>-</td><td>-</td><td>-</td><td>1,500</td></tr><tr><td>Advances to contractors and agents:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>69</td><td>-</td><td>-</td><td>69</td><td>-</td></tr><tr><td>Inventories</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)</td><td>4</td><td>4</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accounts and other receivables:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>62,718</td><td>8,493</td><td>31,603</td><td>11,528</td><td>11,093</td></tr><tr><td>Other (net)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Loans receivable:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>19,750</td><td>19,750</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>4,154,989</td><td>622,933</td><td>1,395,944</td><td>1,790</td><td>2,134,332</td></tr><tr><td>Allowance for losses (-)</td><td>-5,447</td><td>-3,936</td><td>-</td><td>-1,511</td><td>-</td></tr><tr><td>Acquired security or collateral (net)</td><td>491</td><td>491</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Land, structures, and equipment</td><td>2,869</td><td>478</td><td>763</td><td>1,628</td><td>*</td></tr><tr><td>Accumulated depreciation (-)</td><td>-1,172</td><td>-409</td><td>-763</td><td>-</td><td>-</td></tr><tr><td>Other assets (net)</td><td>7,496</td><td>2,811</td><td>812</td><td>3,042</td><td>801</td></tr><tr><td><b>Total assets</b></td><td>7,804,464</td><td>695,616</td><td>1,568,839</td><td>2,197,484</td><td>3,342,525</td></tr><tr><td><b>LIABILITIES</b></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts and other payables:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>120</td><td>64</td><td>4</td><td>52</td><td>-</td></tr><tr><td>Other</td><td>61,706</td><td>4,557</td><td>26,550</td><td>650</td><td>29,949</td></tr><tr><td>Advances from:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Trust and deposit liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>211</td><td>13</td><td>8</td><td>190</td><td>-</td></tr><tr><td>Other</td><td>591,174</td><td>773</td><td>376</td><td>219</td><td>589,807</td></tr><tr><td>Bonds, debentures, and notes payable:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>19,750</td><td>19,750</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: Guaranteed by the United States</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the United States</td><td>3,536,655</td><td>403,610</td><td>1,359,385</td><td>-</td><td>1,773,660</td></tr><tr><td>All other liabilities (including reserves)</td><td>121,243</td><td>668</td><td>1,949</td><td>106,582</td><td>12,043</td></tr><tr><td><b>Total liabilities</b></td><td>4,330,858</td><td>429,435</td><td>1,388,271</td><td>107,693</td><td>2,405,459</td></tr><tr><td><b>NET INVESTMENT</b></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Private interest:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock</td><td>926,735</td><td>40,136</td><td>21,090</td><td>-</td><td>865,509</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>116,318</td><td>26,530</td><td>18,231</td><td>-</td><td>71,557</td></tr><tr><td>Total private interest</td><td>1,043,053</td><td>66,666</td><td>39,320</td><td>-</td><td>937,066</td></tr><tr><td>United States interest:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing investment:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Borrowings from the U. S. Treasury</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Noninterest-bearing investments:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock</td><td>216,478</td><td>126,339</td><td>90,139</td><td>-</td><td>-</td></tr><tr><td>Appropriations</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capitalisation of assets (net)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>2,214,074</td><td>73,175</td><td>51,109</td><td>2,089,790</td><td>2/</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Deposits of general and special fund revenues (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td><b>Total United States interest</b></td><td>2,430,553</td><td>199,514</td><td>141,248</td><td>2,089,790</td><td>-</td></tr><tr><td><b>Total liabilities and investment</b></td><td>7,804,464</td><td>695,616</td><td>1,568,839</td><td>2,197,484</td><td>3,342,525</td></tr><tr><td><b>ANALYSIS OF UNITED STATES INVESTMENT</b></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States investment</td><td>216,478</td><td>126,339</td><td>90,139</td><td>-</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>2,214,074</td><td>73,175</td><td>51,109</td><td>2,089,790</td><td>-</td></tr><tr><td>Total U. S. investment including interagency items</td><td>2,430,553</td><td>199,514</td><td>141,248</td><td>2,089,790</td><td>-</td></tr><tr><td>Interagency items:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Due from Government agencies (-)</td><td>-19,754</td><td>-4</td><td>-19,750</td><td>-</td><td>-</td></tr><tr><td>Due to Government agencies</td><td>20,081</td><td>19,827</td><td>12</td><td>243</td><td>-</td></tr><tr><td><b>Total U. S. investment excluding interagency items</b></td><td>2,430,880</td><td>219,337</td><td>121,509</td><td>2,090,033</td><td>-</td></tr></table>
1/ See Table 1, footnote 1.
2/ The surplus is not available by law for dividend distribution and is
considered by the Corporation as a reserve for future deposit insurance losses and related expenses with respect to insured banks. * Less than $500.
April 1960
97
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 6.- Certain Trust Revolving Funds, December 31, 1959
(In thousands of dollars)
<table><tr><th rowspan="2">. Account</th><th rowspan="2">Total 1/</th><th colspan="2">Civil Service Commission</th><th rowspan="2">Federal Communications Commission International telecommunications settlements</th><th rowspan="2">General Services Administration National Archives trust fund</th><th colspan="2">Housing and Home Finance Agency</th></tr><tr><th>Employees' life insurance fund</th><th></th><th>Federal National Mortgage Association</th><th>Secondary market operations</th></tr><tr><td colspan="8">ASSETS</td></tr><tr><td>Cash in banks, on hand, and in transit</td><td>2,222</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 2/</td><td>205,215</td><td>6,743</td><td>62</td><td>140</td><td>-</td><td>51,031</td><td>-</td></tr><tr><td>Investments:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Public debt securities (per value)</td><td>147,954</td><td>145,036</td><td>-</td><td>102</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Securities of Government enterprises</td><td>205</td><td>-</td><td>-</td><td>-</td><td>-</td><td>205</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-)</td><td>-2,287</td><td>-2,275</td><td>-</td><td>-3</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other securities</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances to contractors and agents:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accounts and notes receivable:</td><td>13,115</td><td>11,005</td><td>-</td><td>1</td><td>-</td><td>2,107</td><td>-</td></tr><tr><td>Government agencies</td><td>2,377</td><td>797</td><td>39</td><td>7</td><td>-</td><td>1,514</td><td>-</td></tr><tr><td>Other (net)</td><td>356</td><td>6</td><td>-</td><td>30</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Inventories</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued interest receivable:</td><td>995</td><td>993</td><td>-</td><td>1</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On public debt securities</td><td>12</td><td>-</td><td>-</td><td>-</td><td>-</td><td>12</td><td>-</td></tr><tr><td>On securities of Government enterprises</td><td>8,363</td><td>-</td><td>-</td><td>-</td><td>-</td><td>7,536</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Loans receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>2,075,952</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2,049,789</td><td>-</td></tr><tr><td>Allowance for losses (-)</td><td>-87,661</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-83,630 3/</td><td>-</td></tr><tr><td>Acquired security or collateral (net)</td><td>3,295</td><td>-</td><td>-</td><td>-</td><td>-</td><td>3,294</td><td>-</td></tr><tr><td>Land, structure, and equipment</td><td>967</td><td>26</td><td>-</td><td>29</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated depreciation (-)</td><td>-661</td><td>-7</td><td>-</td><td>-11</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other assets (net)</td><td>59,396</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2,737</td><td>-</td></tr><tr><td>Total assets</td><td>2,429,814</td><td>162,324</td><td>101</td><td>296</td><td>-</td><td>2,034,594</td><td>-</td></tr></table>
LIABILITIES
<table><tr><th>Accounts payable:</th><th>1971</th><th>1970</th><th>Change</th><th>1969</th><th>Change</th></tr><tr><td>Government agencies</td><td>7</td><td>-</td><td>-</td><td>6</td><td>-</td></tr><tr><td>Other</td><td>15,760</td><td>15,650</td><td>33</td><td>7</td><td>*</td></tr><tr><td>Accrued liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>2,201</td><td>-</td><td>-</td><td>-</td><td>2,162</td></tr><tr><td>Other</td><td>17,222</td><td>-</td><td>-</td><td>-</td><td>17,212</td></tr><tr><td>Advances from:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Trust and deposit liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>15,242</td><td>-</td><td>67</td><td>-</td><td>15,175</td></tr><tr><td>Bonds, debenture, and notes payable:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Guaranteed by the United States</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,540,120</td></tr><tr><td>Not guaranteed by the United States</td><td>1,640,120</td><td>-</td><td>-</td><td>-</td><td>5,544</td></tr><tr><td>Other liabilities (including reserves)</td><td>7,206</td><td>628</td><td>-</td><td>5</td><td></td></tr><tr><td>Total liabilities</td><td>1,697,759</td><td>16,278</td><td>101</td><td>18</td><td>1,680,213</td></tr></table>
NET INVESTMENT
<table><tr><th>Assets</th><th>1975</th><th>1974</th><th>Change</th><th>1973</th></tr><tr><td>Trust interest:</td><td></td><td></td><td></td><td></td></tr><tr><td>Principal of fund</td><td>287,640</td><td>-</td><td>-</td><td>53,373</td></tr><tr><td>Capitalization of assets (net)</td><td>106</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>149,125</td><td>146,046</td><td>-</td><td>1,824</td></tr><tr><td>Total trust interest</td><td>436,871</td><td>146,046</td><td>-</td><td>59,197</td></tr><tr><td>United States interest:</td><td></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing investment:</td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Borrowings from the U. S. Treasury</td><td>138,691</td><td>-</td><td>-</td><td>48,691</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Noninterest-bearing investment:</td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock</td><td>142,820</td><td>-</td><td>-</td><td>142,820</td></tr><tr><td>Appropriations</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capitalization of assets (net)</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>13,673</td><td>-</td><td>-</td><td>13,673</td></tr><tr><td>Deposits of general and special fund revenues (-)</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest</td><td>295,184</td><td>-</td><td>-</td><td>204,184</td></tr><tr><td>Total liabilities and investment</td><td>2,429,814</td><td>162,324</td><td>101</td><td>2,056,594</td></tr></table>
Footnotes et end of Table 8
(Continued on following page)
98
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section 1 - Statements of Financial Condition
Table 6.- Certain Trust Revolving Funds, December 31, 1959 - (Continued
(In thousands of dollars)
<table><tr><th>Account</th><th>Agriculture Department</th><th>Defense Department</th><th>Federal Prison System</th><th colspan="3">Justice Department</th></tr><tr><th></th><th>Farmers' Home Administration</th><th>Army Department</th><th>Commissary funds, Federal prisons</th><th>Alien property fund</th><th>Office of Alien Property</th><th>International Claims Settlement Act, Title II, fund</th></tr><tr><th>ASSETS</th><td>State rural rehabilitation funds</td><td>United States Soldiers' Home revolving fund</td><td>World War II</td><td>Philippines, World War II</td><td></td><td></td></tr><tr><td>Cash in banks, on hand, and in transit.</td><td>774</td><td>39</td><td>246</td><td>138,450</td><td>1,443</td><td>1,740</td></tr><tr><td>Fund balances with the U. S. Treasury</td><td>3,524</td><td></td><td></td><td></td><td>5,241</td><td></td></tr><tr><td>Investments:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Public debt securities (par value).</td><td>2,816</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Securities of Government enterprises.</td><td>-9</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Unamortized premium, or discount (-).</td><td>-</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Other securities.</td><td>-</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Advances to contractors and agents:</td><td>-</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies.</td><td>-</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Other.</td><td>-</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts and notes receivable:</td><td>-</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies.</td><td>14</td><td>1</td><td>1</td><td>5</td><td></td><td></td></tr><tr><td>Other (net).</td><td>-</td><td>111</td><td>209</td><td></td><td></td><td></td></tr><tr><td>Inventories.</td><td>-</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Allowance for losses (-).</td><td>-</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accrued interest receivable:</td><td>-</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>On public debt securities.</td><td>-</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>On securities of Government enterprises.</td><td>827</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Loans receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies.</td><td>26,159</td><td></td><td>4</td><td></td><td></td><td></td></tr><tr><td>Other.</td><td>-4,032</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Allowance for losses (-).</td><td>1</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Acquired security or collateral (net).</td><td>35</td><td></td><td>298</td><td>579</td><td></td><td></td></tr><tr><td>Land, structures, and equipment.</td><td>-</td><td></td><td>-64</td><td>-579</td><td></td><td></td></tr><tr><td>Accumulated depreciation (-).</td><td>34</td><td></td><td></td><td>56,254</td><td>157</td><td>214</td></tr><tr><td>Other assets (net).</td><td></td><td>151</td><td></td><td>194,710</td><td>4,846</td><td>1,954</td></tr><tr><td>Total assets.</td><td>30,143</td><td></td><td>695</td><td></td><td></td><td></td></tr><tr><th>LIABILITIES</th><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts payable:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies.</td><td>*</td><td>2</td><td>68</td><td>*</td><td>1</td><td></td></tr><tr><td>Other.</td><td>-</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accrued liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies.</td><td>38</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Other.</td><td>10</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Advances from:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies.</td><td>-</td><td></td><td></td><td>2</td><td></td><td></td></tr><tr><td>Other.</td><td>-</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Trust and deposit liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies.</td><td>-</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Other.</td><td>-</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Bonds, debentures, and notes payable:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies.</td><td>-</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Other:</td><td>-</td><td></td><td></td><td>1,023</td><td>5</td><td></td></tr><tr><td>Guaranteed by the United States.</td><td>*</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Not guaranteed by the United States.</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Other liabilities (including reserves).</td><td>*</td><td>2</td><td>68</td><td>1,025</td><td>5</td><td>1</td></tr><tr><td>Total liabilities.</td><td>48</td><td></td><td></td><td></td><td></td><td></td></tr><tr><th>NET INVESTMENT</th><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Trust interest:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Principal of fund.</td><td>33,747</td><td>41</td><td>-</td><td>193,685</td><td>4,841</td><td>1,953</td></tr><tr><td>Capitalization of assets (net).</td><td>-</td><td>106</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-).</td><td>-3,652</td><td>2</td><td>627</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total trust interest.</td><td>30,095</td><td>149</td><td>627</td><td>193,685</td><td>4,841</td><td>1,953</td></tr><tr><td>United States interest:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing investment:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Borrowings from the U. S. Treasury.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Noninterest-bearing investment:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Appropriations.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capitalization of assets (net).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Deposits of general and special fund revenues (-).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest.</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total liabilities and investment.</td><td>30,143</td><td>151</td><td>695</td><td>194,710</td><td>4,846</td><td>1,954</td></tr></table>
Footnotes et seq. of Table 8.
April 1960
99
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 7.- Loans Outstanding, December 31, 1959, Excluding Interagency Loans, Classified by Types of Loans
(In thousands of dollars)
<table><tr><th>Type of loan and lending agency</th><th>Total</th><th>Public enterprises revolving funds</th><th>Certain other activities</th><th>Foreign currency loans 1/</th></tr><tr><td colspan="5">To aid agriculture:</td></tr><tr><td>Loans to cooperative associations:</td><td></td><td></td><td></td><td></td></tr><tr><td>Farmers' Home Administration.</td><td>10,117</td><td>-</td><td>10,117</td><td>-</td></tr><tr><td>Rural Electrification Administration.</td><td>3,082,749</td><td>-</td><td>3,082,749</td><td>-</td></tr><tr><td>Crop, livestock, and commodity loans:</td><td></td><td></td><td></td><td></td></tr><tr><td>Commodity Credit Corporation.</td><td>1,549,798</td><td>1,549,798</td><td>-</td><td>-</td></tr><tr><td>Disaster loans, etc., revolving fund.</td><td>47,271</td><td>47,271</td><td>-</td><td>-</td></tr><tr><td>Farmers' Home Administration.</td><td>4,031</td><td>-</td><td>4,031</td><td>-</td></tr><tr><td>Virgin Islands Corporation.</td><td>3</td><td>3</td><td>-</td><td>-</td></tr><tr><td>Storage facility and equipment loans:</td><td></td><td></td><td></td><td></td></tr><tr><td>Commodity Credit Corporation.</td><td>42,995</td><td>42,995</td><td>-</td><td>-</td></tr><tr><td>Farm mortgage loans:</td><td></td><td></td><td></td><td></td></tr><tr><td>Farmers' Home Administration.</td><td>428,304</td><td>-</td><td>428,304</td><td>-</td></tr><tr><td>Farm tenant mortgage insurance fund.</td><td>41,211</td><td>41,211</td><td>-</td><td>-</td></tr><tr><td>Guaranteed loans held by lending agencies:</td><td></td><td></td><td></td><td></td></tr><tr><td>Commodity Credit Corporation.</td><td>152,204 2/</td><td>152,204 2/</td><td>-</td><td>-</td></tr><tr><td>Other loans:</td><td></td><td></td><td></td><td></td></tr><tr><td>Farmers' Home Administration.</td><td>358,759</td><td>-</td><td>358,759</td><td>-</td></tr><tr><td>Total to aid agriculture.</td><td>5,717,443</td><td>1,833,482</td><td>3,883,961</td><td>-</td></tr><tr><td colspan="5">To aid home owners:</td></tr><tr><td>Mortgage loans:</td><td></td><td></td><td></td><td></td></tr><tr><td>Federal National Mortgage Associations:</td><td></td><td></td><td></td><td></td></tr><tr><td>Management and liquidating functions.</td><td>1,949,489</td><td>1,949,489</td><td>-</td><td>-</td></tr><tr><td>Special assistance functions.</td><td>1,568,369</td><td>1,568,369</td><td>-</td><td>-</td></tr><tr><td>Housing and Home Finance Administrator:</td><td></td><td></td><td></td><td></td></tr><tr><td>Liquidating programs.</td><td>811</td><td>811</td><td>-</td><td>-</td></tr><tr><td>Interior Department:</td><td></td><td></td><td></td><td></td></tr><tr><td>Bureau of Indian Affairs:</td><td></td><td></td><td></td><td></td></tr><tr><td>Liquidation of Hoovah housing project.</td><td>169</td><td>169</td><td>-</td><td>-</td></tr><tr><td>Veterans' Administration:</td><td></td><td></td><td></td><td></td></tr><tr><td>Direct loans to veterans and reserves.</td><td>889,607</td><td>889,607</td><td>-</td><td>-</td></tr><tr><td>Loan guaranty program.</td><td>3,910</td><td>-</td><td>3,910</td><td>-</td></tr><tr><td>Other loans:</td><td></td><td></td><td></td><td></td></tr><tr><td>Veterans' Administration:</td><td></td><td></td><td></td><td></td></tr><tr><td>Direct loans to veterans and reserves.</td><td>4,157</td><td>4,157</td><td>-</td><td>-</td></tr><tr><td>Loan guaranty program.</td><td>268,826</td><td>-</td><td>268,826</td><td>-</td></tr><tr><td>Total to aid home owners.</td><td>4,685,357</td><td>4,412,601</td><td>272,756</td><td>-</td></tr><tr><td colspan="5">To aid industry:</td></tr><tr><td>Loans to railroads:</td><td></td><td></td><td></td><td></td></tr><tr><td>Expansion of defense production:</td><td></td><td></td><td></td><td></td></tr><tr><td>Treasury Department.</td><td>1,364</td><td>1,364</td><td>-</td><td>-</td></tr><tr><td>Other purposes:</td><td></td><td></td><td></td><td></td></tr><tr><td>Treasury Department:</td><td></td><td></td><td></td><td></td></tr><tr><td>Reconstruction Finance Corporation liquidation fund.</td><td>5,994</td><td>5,994</td><td>-</td><td>-</td></tr><tr><td>Ship mortgage loans:</td><td></td><td></td><td></td><td></td></tr><tr><td>Commerce Department:</td><td></td><td></td><td></td><td></td></tr><tr><td>Federal ship mortgage insurance fund.</td><td>1,475</td><td>1,475</td><td>-</td><td>-</td></tr><tr><td>Maritime activities.</td><td>164,256</td><td>-</td><td>164,256</td><td>-</td></tr><tr><td>Other loans:</td><td></td><td></td><td></td><td></td></tr><tr><td>Expansion of defense production:</td><td></td><td></td><td></td><td></td></tr><tr><td>Interior Department.</td><td>14,329</td><td>14,329</td><td>-</td><td>-</td></tr><tr><td>Treasury Department.</td><td>163,584</td><td>163,584</td><td>-</td><td>-</td></tr><tr><td>Defense production guarantees:</td><td></td><td></td><td></td><td></td></tr><tr><td>Air Force Department.</td><td>3,810</td><td>3,810</td><td>-</td><td>-</td></tr><tr><td>Army Department.</td><td>2,345</td><td>2,345</td><td>-</td><td>-</td></tr><tr><td>Navy Department.</td><td>1,671</td><td>1,671</td><td>-</td><td>-</td></tr><tr><td>General Services Administration.</td><td>120</td><td>120</td><td>-</td><td>-</td></tr><tr><td>Other purposes:</td><td></td><td></td><td></td><td></td></tr><tr><td>Export-Import Bank of Washington.</td><td>-</td><td>-</td><td>-</td><td>22,429 2/</td></tr><tr><td>General Services Administration:</td><td></td><td></td><td></td><td></td></tr><tr><td>Reconstruction Finance Corporation liquidation fund.</td><td>558</td><td>558</td><td>-</td><td>-</td></tr><tr><td>Housing and Home Finance Administrator:</td><td></td><td></td><td></td><td></td></tr><tr><td>Liquidating programs.</td><td>4,278</td><td>4,278</td><td>-</td><td>-</td></tr><tr><td>Inland Waterways Corporation.</td><td>6,250</td><td>6,250</td><td>-</td><td>-</td></tr><tr><td>Interior Department:</td><td></td><td></td><td></td><td></td></tr><tr><td>Bureau of Commercial Fisheries:</td><td></td><td></td><td></td><td></td></tr><tr><td>Fisheries loan fund.</td><td>4,474</td><td>4,474</td><td>-</td><td>-</td></tr><tr><td>Small Business Administration:</td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving fund (lending operations).</td><td>318,255</td><td>318,255</td><td>-</td><td>-</td></tr><tr><td>Reconstruction Finance Corporation liquidation fund.</td><td>3,478</td><td>3,478</td><td>-</td><td>-</td></tr><tr><td>Treasury Department:</td><td></td><td></td><td></td><td></td></tr><tr><td>Civil defense loans.</td><td>995</td><td>995</td><td>-</td><td>-</td></tr><tr><td>Reconstruction Finance Corporation liquidation fund.</td><td>12,957</td><td>12,957</td><td>-</td><td>-</td></tr><tr><td>Virgin Islands Corporation.</td><td>150</td><td>150</td><td>-</td><td>-</td></tr><tr><td>Total to aid industry.</td><td>710,341</td><td>546,985</td><td>164,256</td><td>22,429 3/</td></tr></table>
Footnotes on following page.
(Continued on following page)
100
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 7.- Loans Outstanding, December 31, 1959, Excluding Interagency Loans, Classified by Types of Loans - (Continued)
(In thousands of dollars)
<table><tr><th>Type of loan and lending agency</th><th colspan="3">United States dollar loans</th><th>Foreign currency loans</th></tr><tr><th></th><th>Total</th><th>Public enterprise revolving funds</th><th>Certain other activities</th><th></th></tr><tr><td>To eid States, Territories, etc.:</td><td></td><td></td><td></td><td></td></tr><tr><td>General Services Administration:</td><td></td><td></td><td></td><td></td></tr><tr><td>Public Works Administration (in liquidation)</td><td>79,102</td><td>-</td><td>79,102</td><td>-</td></tr><tr><td>Housing and Home Finance Administration:</td><td></td><td></td><td></td><td></td></tr><tr><td>Public facility loans</td><td>40,677</td><td>40,677</td><td>-</td><td>-</td></tr><tr><td>Liquidating programs</td><td>8,072</td><td>8,072</td><td>-</td><td>-</td></tr><tr><td>Urban renewal fund</td><td>90,647</td><td>90,647</td><td>-</td><td>-</td></tr><tr><td>Inland Waterways Corporation</td><td>9</td><td>9</td><td>-</td><td>-</td></tr><tr><td>Public Housing Administration</td><td>87,450</td><td>87,450</td><td>-</td><td>-</td></tr><tr><td>Treasury Department:</td><td></td><td></td><td></td><td></td></tr><tr><td>Miscellaneous loans and certain other assets</td><td>12,875</td><td>-</td><td>12,875</td><td>-</td></tr><tr><td>Total to eid States, Territories, etc.</td><td>318,832</td><td>226,855</td><td>91,977</td><td>-</td></tr><tr><td>Foreign loans:</td><td></td><td></td><td></td><td></td></tr><tr><td>Expression of defense production:</td><td></td><td></td><td></td><td></td></tr><tr><td>Export-Import Bank of Washington</td><td>26,397</td><td>26,397</td><td>-</td><td>-</td></tr><tr><td>Other purposes:</td><td></td><td></td><td></td><td></td></tr><tr><td>Commerce Department:</td><td></td><td></td><td></td><td></td></tr><tr><td>Maritime activities</td><td>29,421</td><td>-</td><td>29,421</td><td>-</td></tr><tr><td>Development loan fund</td><td>49,168</td><td>49,168</td><td>-</td><td>110,085 4/</td></tr><tr><td>Export-Import Bank of Washington:</td><td></td><td></td><td></td><td></td></tr><tr><td>Regular leading activities</td><td>3,199,894</td><td>3,199,894</td><td>-</td><td>-</td></tr><tr><td>Liquidation of certain Reconstruction Finance Corporation assets</td><td>9,016</td><td>9,016</td><td>-</td><td>-</td></tr><tr><td>International Cooperation Administration</td><td>1,787,799</td><td>-</td><td>1,787,799</td><td>1,254,817 3/</td></tr><tr><td>Treasury Department:</td><td></td><td></td><td></td><td></td></tr><tr><td>Miscellaneous loans and certain other assets</td><td>3,373,373</td><td>-</td><td>3,373,373</td><td>-</td></tr><tr><td>Total foreign loans</td><td>8,475,069</td><td>3,284,475</td><td>5,190,594</td><td>1,364,932</td></tr><tr><td>Other loans:</td><td></td><td></td><td></td><td></td></tr><tr><td>Health, Education, and Welfare Department:</td><td></td><td></td><td></td><td></td></tr><tr><td>Office of Education:</td><td></td><td></td><td></td><td></td></tr><tr><td>Loans to students (World War II)</td><td>318</td><td>-</td><td>318</td><td>-</td></tr><tr><td>Housing and Home Finance Administrator:</td><td></td><td></td><td></td><td></td></tr><tr><td>College housing loans</td><td>682,526</td><td>682,526</td><td>-</td><td>-</td></tr><tr><td>Liquidating programs</td><td>8,051</td><td>8,051</td><td>-</td><td>-</td></tr><tr><td>Interior Department:</td><td></td><td></td><td></td><td></td></tr><tr><td>Bureau of Indian Affairs:</td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving fund for loans</td><td>11,180</td><td>11,180</td><td>-</td><td>-</td></tr><tr><td>Office of Territories:</td><td></td><td></td><td></td><td></td></tr><tr><td>Loans to private trading enterprises</td><td>200</td><td>200</td><td>-</td><td>-</td></tr><tr><td>Small Business Administration:</td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving fund (lending operations)</td><td>46,032</td><td>46,032</td><td>-</td><td>-</td></tr><tr><td>Reconstruction Finance Corporation liquidation fund</td><td>2,998</td><td>2,998</td><td>-</td><td>-</td></tr><tr><td>Treasury Department:</td><td></td><td></td><td></td><td></td></tr><tr><td>Miscellaneous loans and certain other assets</td><td>135</td><td>-</td><td>135</td><td>-</td></tr><tr><td>Veterans' Administration:</td><td></td><td></td><td></td><td></td></tr><tr><td>Service-disabled veterans' insurance fund</td><td>772</td><td>772</td><td>-</td><td>-</td></tr><tr><td>Soldiers' and sailors' civil relief</td><td>52</td><td>52</td><td>-</td><td>-</td></tr><tr><td>Veterans' special term insurance fund</td><td>7</td><td>7</td><td>-</td><td>-</td></tr><tr><td>Vocational rehabilitation revolving fund</td><td>102</td><td>102</td><td>-</td><td>-</td></tr><tr><td>Total other loans</td><td>752,373</td><td>751,920</td><td>453</td><td>-</td></tr><tr><td>Total loans</td><td>20,659,414 5/</td><td>11,055,418</td><td>9,603,996</td><td>1,387,361</td></tr></table>
1/ The dollar equivalents of these loans are computed for reporting purposes at varying rates. Where the loan agreements stipulate a dollar denominated figure, the loans outstanding are generally valued at agreement rates of exchange. Loans executed in units of foreign currency are valued at the market rates (i.e., the
2/ Includes certificates of interest.
3/ Certain other activity.
4/ Public enterprise revolving fund.
5/ Does not include foreign currency loans.
April 1960
101
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 8.- Loans Outstanding by Periods, Excluding Interagency Loans
Part A.- Classified by Types of Loans
(In millions of dollars)
<table><tr><th rowspan="2">End of period</th><th colspan="6">To aid agriculture</th><th colspan="3">To aid home owners</th></tr><tr><th>Total 1/</th><th>Total to aid agriculture</th><th>Agricultural credit corporations</th><th>Cooperative associations</th><th>Crop, live-stock, and commodity loans 2/</th><th>Farm mortgage loans</th><th>Other</th><th>Total to aid home owners</th><th>Mortgage loans</th><th>Other</th></tr><tr><td colspan="11">Fiscal years:</td></tr><tr><td>1950</td><td>12,771.7</td><td>3,773.3</td><td>573.7</td><td>1,659.0</td><td>1,003.1</td><td>515.9</td><td>21.6</td><td>1,315.7</td><td>1,290.7</td><td>25.0</td></tr><tr><td>1951</td><td>13,689.4</td><td>3,674.7</td><td>751.7</td><td>1,938.8</td><td>408.6</td><td>530.1</td><td>25.5</td><td>1,809.4</td><td>1,809.1</td><td>.3</td></tr><tr><td>1952</td><td>16,066.0</td><td>4,058.2</td><td>865.8</td><td>2,174.3</td><td>437.7</td><td>549.6</td><td>30.9</td><td>2,387.4</td><td>2,387.3</td><td>.1</td></tr><tr><td>1953</td><td>17,863.4</td><td>4,996.6</td><td>823.9</td><td>2,313.3</td><td>1,216.5</td><td>588.8</td><td>34.2</td><td>2,914.2</td><td>2,914.1</td><td>.1</td></tr><tr><td>1954</td><td>18,743.8</td><td>6,389.1</td><td>774.0</td><td>2,467.9</td><td>2,460.5</td><td>647.2</td><td>39.5</td><td>2,814.4</td><td>2,814.2</td><td>.2</td></tr><tr><td>1955</td><td>19,420.5</td><td>6,361.7</td><td>844.6</td><td>2,604.4</td><td>2,234.0</td><td>634.1</td><td>44.6</td><td>3,094.8</td><td>3,094.6 1/</td><td>74.9 1/</td></tr><tr><td>1956</td><td>20,547.5</td><td>6,789.6</td><td>894.4</td><td>2,774.4</td><td>2,452.9</td><td>275.3</td><td>392.5</td><td>3,377.7</td><td>3,302.7</td><td>104.5</td></tr><tr><td>1957</td><td>21,812.9</td><td>6,827.5</td><td>996.5</td><td>2,979.3</td><td>2,089.2</td><td>314.2</td><td>448.2</td><td>4,380.5</td><td>4,276.0</td><td>134.7</td></tr><tr><td>1958</td><td>22,893.4</td><td>6,913.4</td><td>1,227.0</td><td>3,191.6</td><td>1,688.2</td><td>359.2</td><td>447.3</td><td>4,628.2</td><td>4,473.5</td><td>231.1</td></tr><tr><td>1959</td><td>27,510.7</td><td>8,489.7</td><td>1,547.4</td><td>3,509.3</td><td>2,526.9</td><td>454.0</td><td>452.0</td><td>5,872.7</td><td>5,621.6</td><td></td></tr><tr><td colspan="11">Calendar years:</td></tr><tr><td>1950</td><td>13,413.2</td><td>3,884.1</td><td>507.1</td><td>1,892.5</td><td>952.4</td><td>508.8</td><td>23.4</td><td>1,528.1</td><td>1,525.2</td><td>3.0</td></tr><tr><td>1951</td><td>14,595.1</td><td>4,161.3</td><td>629.1</td><td>2,171.5</td><td>812.8</td><td>517.1</td><td>30.9</td><td>2,121.6</td><td>2,121.4</td><td>.3</td></tr><tr><td>1952</td><td>17,966.7</td><td>5,070.3</td><td>671.3</td><td>2,321.1</td><td>1,453.8</td><td>566.7</td><td>37.3</td><td>2,603.3</td><td>2,603.2</td><td>.1</td></tr><tr><td>1953</td><td>20,086.0</td><td>6,810.5</td><td>589.8</td><td>2,468.6</td><td>3,116.2</td><td>597.6</td><td>38.4</td><td>2,930.0</td><td>2,929.9</td><td>.1</td></tr><tr><td>1954</td><td>23,579.5</td><td>6,929.2</td><td>635.6</td><td>2,589.6</td><td>3,026.2</td><td>528.7</td><td>49.2</td><td>2,906.8</td><td>2,906.6</td><td>.2</td></tr><tr><td>1955</td><td>20,506.1</td><td>6,715.4</td><td>686.5</td><td>2,721.7</td><td>2,669.7</td><td>596.4</td><td>41.2</td><td>3,204.4</td><td>3,204.1 1/</td><td>.3</td></tr><tr><td>1956</td><td>21,091.5</td><td>6,785.4</td><td>733.6</td><td>2,954.1</td><td>2,441.6</td><td>289.8</td><td>366.2</td><td>3,771.4</td><td>3,683.1</td><td>88.3 1/</td></tr><tr><td>1957</td><td>22,755.6</td><td>6,681.1</td><td>928.8</td><td>3,152.0</td><td>1,840.7</td><td>357.5</td><td>401.9</td><td>4,768.6</td><td>4,642.0</td><td>126.6</td></tr><tr><td>1958</td><td>25,851.1</td><td>8,684.9</td><td>1,160.5</td><td>3,394.2</td><td>3,333.9</td><td>399.5</td><td>396.7</td><td>4,860.3</td><td>4,671.8</td><td>188.5</td></tr><tr><td>1959</td><td>28,277.7</td><td>7,762.5</td><td>1,396.4</td><td>3,715.4</td><td>1,752.8</td><td>484.3</td><td>413.5</td><td>6,735.1</td><td>6,462.1</td><td>273.0</td></tr><tr><td colspan="11">Current quarters:</td></tr><tr><td>1958-March 31</td><td>23,499.5</td><td>7,604.1</td><td>1,039.4</td><td>3,169.8</td><td>2,587.1</td><td>360.3</td><td>447.6</td><td>4,937.0</td><td>4,776.4</td><td>140.7</td></tr><tr><td>September 30</td><td>23,717.4</td><td>7,389.2</td><td>1,233.9</td><td>3,302.9</td><td>2,037.9</td><td>381.3</td><td>433.3</td><td>4,607.0</td><td>4,435.5</td><td>171.5</td></tr><tr><td>1959-March 31</td><td>27,330.5</td><td>9,629.7</td><td>1,313.4</td><td>3,447.4</td><td>3,994.8</td><td>419.0</td><td>455.1</td><td>5,352.0</td><td>5,245.5</td><td>206.6</td></tr><tr><td>September 30</td><td>27,588.9</td><td>7,636.3</td><td>1,562.3</td><td>3,614.6</td><td>1,537.2</td><td>475.1</td><td>447.1</td><td>6,351.7</td><td>6,097.5</td><td>254.1</td></tr></table>
<table><tr><th>End of period</th><th colspan="4">To aid industry</th><th colspan="4">To aid financial institutions</th><th>To aid State, Territory, etc.</th><th>Foreign loans $/ £</th><th>Other loans</th></tr><tr><th></th><th>Total to aid industry</th><th>Loans to railroads</th><th>Ship mortgage loans</th><th>Other</th><th>Total to aid financial institutions</th><th>Banks</th><th>Insurance companies</th><th>Mortgage loan companies</th><th></th><th></th><th></th></tr><tr><td colspan="12">Fiscal years:</td></tr><tr><td>1950</td><td>628.0</td><td>113.0</td><td>£/ £</td><td>515.0</td><td>453.6</td><td>2.6</td><td>13.6</td><td>437.4</td><td>422.9</td><td>6,116.3</td><td>61.9</td></tr><tr><td>1951</td><td>603.1</td><td>104.7</td><td>£/ £</td><td>498.4</td><td>824.5</td><td>.1</td><td>13.7</td><td>810.7</td><td>560.9</td><td>6,151.1</td><td>65.7</td></tr><tr><td>1952</td><td>549.4</td><td>85.2</td><td>£/ £</td><td>464.2</td><td>653.0</td><td>.1</td><td>5.1</td><td>647.9</td><td>732.5</td><td>7,670.0</td><td>68.4</td></tr><tr><td>1953</td><td>614.6</td><td>78.6</td><td>£/ £</td><td>535.9</td><td>718.5</td><td>*</td><td>4.5</td><td>713.9</td><td>732.7</td><td>7,798.4</td><td>88.5</td></tr><tr><td>1954</td><td>426.7</td><td>11.9</td><td>-</td><td>414.7</td><td>677.9</td><td>2.8</td><td>3.7</td><td>671.4</td><td>332.3</td><td>7,964.8</td><td>138.7</td></tr><tr><td>1955</td><td>438.5</td><td>12.7</td><td>-</td><td>425.8</td><td>1,019.2</td><td>2.2</td><td>3.4</td><td>1,013.5</td><td>255.2</td><td>8,032.4</td><td>218.6</td></tr><tr><td>1956</td><td>626.9</td><td>12.7</td><td>221.0</td><td>393.2</td><td>1,180.6</td><td>7.2</td><td>-</td><td>1,173.4</td><td>226.8</td><td>8,171.6</td><td>174.3</td></tr><tr><td>1957</td><td>639.6</td><td>12.3</td><td>218.6</td><td>408.8</td><td>1,086.6</td><td>7.2</td><td>-</td><td>1,079.4</td><td>243.0</td><td>8,300.2</td><td>335.5</td></tr><tr><td>1958</td><td>654.2</td><td>8.0</td><td>191.0</td><td>455.2</td><td>933.7</td><td>4.2</td><td>929.5</td><td>-</td><td>270.9</td><td>9,002.9</td><td>446.8</td></tr><tr><td>1959</td><td>716.8</td><td>7.5</td><td>173.8</td><td>535.5</td><td>1,538.9</td><td>1.8</td><td>-</td><td>1,537.1</td><td>310.0</td><td>9,924.7</td><td>658.0</td></tr><tr><td colspan="12">Calendar years:</td></tr><tr><td>1950</td><td>568.0</td><td>109.9</td><td>£/ £</td><td>458.1</td><td>824.3</td><td>.1</td><td>14.0</td><td>810.2</td><td>458.0</td><td>6,077.8</td><td>62.8</td></tr><tr><td>1951</td><td>589.1</td><td>100.7</td><td>£/ £</td><td>488.5</td><td>824.2</td><td>.1</td><td>13.4</td><td>800.7</td><td>712.3</td><td>6,110.3</td><td>66.2</td></tr><tr><td>1952</td><td>597.6</td><td>81.9</td><td>£/ £</td><td>515.7</td><td>864.5</td><td>*</td><td>4.9</td><td>859.6</td><td>1,020.2</td><td>7,736.2</td><td>74.7</td></tr><tr><td>1953</td><td>587.8</td><td>79.0</td><td>-</td><td>508.8</td><td>951.8</td><td>-</td><td>4.5</td><td>947.2</td><td>644.6</td><td>8,042.6</td><td>118.7</td></tr><tr><td>1954</td><td>431.3</td><td>11.5</td><td>-</td><td>419.8</td><td>869.8</td><td>2.3</td><td>3.7</td><td>863.8</td><td>271.7</td><td>8,000.5</td><td>166.0</td></tr><tr><td>1955</td><td>678.3</td><td>11.2</td><td>260.7</td><td>406.5</td><td>1,419.0</td><td>3.5</td><td>3.1</td><td>1,412.4</td><td>244.9</td><td>7,988.3</td><td>256.0</td></tr><tr><td>1956</td><td>619.3</td><td>12.5</td><td>219.3</td><td>387.5</td><td>1,235.5</td><td>7.3</td><td>-</td><td>1,228.2</td><td>246.0</td><td>8,223.5</td><td>210.4</td></tr><tr><td>1957</td><td>673.9</td><td>10.3</td><td>216.8</td><td>446.9</td><td>1,272.3</td><td>7.2</td><td>-</td><td>1,265.2</td><td>264.0</td><td>8,753.7</td><td>341.9</td></tr><tr><td>1958</td><td>679.9</td><td>7.8</td><td>186.6</td><td>485.5</td><td>1,300.6</td><td>2.3</td><td>-</td><td>1,298.3</td><td>293.4</td><td>9,509.7</td><td>522.4</td></tr><tr><td>1959</td><td>732.8</td><td>7.4</td><td>165.7</td><td>559.7</td><td>2,136.1</td><td>1.8</td><td>-</td><td>2,134.3</td><td>318.8</td><td>9,840.0</td><td>752.4</td></tr><tr><td colspan="12">Current quarters:</td></tr><tr><td>1958-March</td><td>644.7</td><td>8.1</td><td>202.5</td><td>434.1</td><td>703.4</td><td>7.2</td><td>-</td><td>696.3</td><td>274.5</td><td>8,965.3</td><td>390.4</td></tr><tr><td>September</td><td>657.8</td><td>7.9</td><td>189.6</td><td>460.3</td><td>1,011.9</td><td>2.4</td><td>-</td><td>1,009.5</td><td>293.6</td><td>9,271.1</td><td>486.7</td></tr><tr><td>1959-March</td><td>695.4</td><td>7.6</td><td>182.2</td><td>505.6</td><td>1,089.2</td><td>1.8</td><td>-</td><td>1,087.4</td><td>291.0</td><td>9,712.4</td><td>560.7</td></tr><tr><td>September</td><td>726.0</td><td>7.4</td><td>170.4</td><td>548.3</td><td>1,796.7</td><td>1.8</td><td>-</td><td>1,794.9</td><td>308.0</td><td>10,084.2</td><td>686.1</td></tr></table>
Footnotes on page 104.
102
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 8.- Loans Outstanding by Periods, Excluding Interagency Loans Part B.- Classified by Agencies
(In millions of dollars)
<table><tr><th>End of period</th><th>Total 1/</th><th>International Cooperation Administration 8/</th><th>Export-Import Bank of Washington</th><th>Other</th><th>Farm Credit Administration</th><th>Federal Farm Mortgag e Coop.</th><th>Federal intermediate credit banks</th><th>Fed. Home Loan Bk. Board</th><th>Reconstruction Finance Corp. 9/</th><th>Small Business Administration</th><th>Veterans' Administration</th><th>Direct loan program</th><th>Loan guaranty program</th><th>GSA</th></tr><tr><td>1950.</td><td>12,771.7 10/</td><td>4/</td><td>2,233.3</td><td>245.1</td><td>52.9</td><td>574.2</td><td>442.8</td><td>-</td><td>945.9</td><td>-</td><td>59.4</td><td>6.9</td><td>89.1</td></tr><tr><td>1951.</td><td>13,689.4</td><td>14,572.3</td><td>-1</td><td>2,321.6</td><td>312.4</td><td>39.7</td><td>754.1</td><td>816.2</td><td>6,8</td><td>802.9</td><td>132.3</td><td>17.2</td><td>87.1</td></tr><tr><td>1952.</td><td>16,066.0</td><td>1,529.7</td><td>14</td><td>2,388.9</td><td>343.1</td><td>29.3</td><td>865.7</td><td>552.7</td><td>59.3</td><td>656.8</td><td>207.4</td><td>28.3</td><td>86.8</td></tr><tr><td>1953.</td><td>17,863.4</td><td>1,542.5</td><td>13.1</td><td>2,567.0</td><td>324.3</td><td>21.6</td><td>823.8</td><td>718.3</td><td>123.2</td><td>652.7</td><td>298.2</td><td>50.8</td><td>85.6</td></tr><tr><td>1954.</td><td>18,743.8</td><td>1,691.6</td><td>22.3</td><td>2,773.6</td><td>321.7</td><td>11.6</td><td>846.6</td><td>1,016.9</td><td>-</td><td>34.9</td><td>370.2</td><td>60.5</td><td>82.5</td></tr><tr><td>1955.</td><td>19,520.5</td><td>1,885.5</td><td>30.3</td><td>2,681.5</td><td>349.1</td><td>11/</td><td>897.7</td><td>1,173.4</td><td>-</td><td>85.1</td><td>433.3</td><td>78.2</td><td>83.4</td></tr><tr><td>1956.</td><td>20,547.5</td><td>2,111.3</td><td>36.5</td><td>2,630.2</td><td>384.3</td><td>-</td><td>996.5</td><td>1,079.4</td><td>-</td><td>154.8</td><td>521.3</td><td>106.8</td><td>82.3</td></tr><tr><td>1957.</td><td>21,812.8</td><td>2,436.7</td><td>32.4</td><td>3,061.3</td><td>410.0</td><td>-</td><td>1,227.0</td><td>1,029.5</td><td>-</td><td>245.6</td><td>694.1</td><td>156.8</td><td>81.1</td></tr><tr><td>1958.</td><td>22,893.4</td><td>2,894.2</td><td>28.4</td><td>3,486.6</td><td>525.9</td><td>-</td><td>1,547.4</td><td>1,537.1</td><td>-</td><td>346.6</td><td>824.7</td><td>231.8</td><td>79.9</td></tr><tr><td>1959.</td><td>27,510.7</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Calendar years:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1950.</td><td>13,413.2 10/</td><td>4/</td><td>2,226.5</td><td>345.5</td><td>45.5</td><td>510.2</td><td>816.0</td><td>-</td><td>816.0</td><td>-</td><td>11.0</td><td>11.0</td><td>87.2</td></tr><tr><td>1951.</td><td>14,595.1</td><td>1,514.3</td><td>-2</td><td>2,296.0</td><td>424.8</td><td>34.0</td><td>633.0</td><td>805.9</td><td>27.7</td><td>743.5</td><td>112.7</td><td>22.7</td><td>87.1</td></tr><tr><td>1952.</td><td>17,966.7</td><td>1,536.8</td><td>7.9</td><td>2,496.1</td><td>424.0</td><td>24.9</td><td>673.3</td><td>864.2</td><td>88.8</td><td>674.0</td><td>164.0</td><td>33.7</td><td>86.7</td></tr><tr><td>1953.</td><td>20,086.0</td><td>1,623.9</td><td>19.8</td><td>2,803.2</td><td>377.3</td><td>18.4</td><td>590.2</td><td>951.6</td><td>-</td><td>589.5</td><td>257.1</td><td>44.2</td><td>85.9</td></tr><tr><td>1954.</td><td>19,575.5</td><td>1,766.8</td><td>23.5</td><td>2,702.2</td><td>375.1</td><td>11.6</td><td>639.4</td><td>1,416.8</td><td>-</td><td>26.8</td><td>328.6</td><td>55.6</td><td>82.9</td></tr><tr><td>1955.</td><td>20,506.3</td><td>1,994.6</td><td>38.2</td><td>2,663.1</td><td>457.1</td><td>11/</td><td>733.6</td><td>1,228.2</td><td>-</td><td>51.1</td><td>412.8</td><td>68.2</td><td>82.6</td></tr><tr><td>1956.</td><td>21,091.5</td><td>2,194.8</td><td>34.4</td><td>3,005.6</td><td>454.5</td><td>-</td><td>928.8</td><td>1,289.2</td><td>-</td><td>115.6</td><td>463.8</td><td>91.2</td><td>82.6</td></tr><tr><td>1957.</td><td>22,755.6</td><td>2,682.3</td><td>30.4</td><td>3,334.1</td><td>511.3</td><td>-</td><td>1,159.0</td><td>1,298.3</td><td>-</td><td>292.8</td><td>640.4</td><td>129.2</td><td>81.5</td></tr><tr><td>1958.</td><td>25,851.1</td><td>3,042.6</td><td>26.4</td><td>3,231.3</td><td>622.9</td><td>-</td><td>1,395.9</td><td>2,134.3</td><td>-</td><td>370.8</td><td>893.8</td><td>272.8</td><td>79.1</td></tr><tr><td>1959.</td><td>28,277.7</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Current quarters:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1958-Mar. 31.</td><td>23,499.5</td><td>2,337.7</td><td>34.4</td><td>3,076.7</td><td>428.2</td><td>-</td><td>1,039.4</td><td>696.3</td><td>-</td><td>216.0</td><td>677.1</td><td>142.9</td><td>81.2</td></tr><tr><td>Sept. 30.</td><td>23,717.4</td><td>2,514.5</td><td>32.4</td><td>3,206.9</td><td>473.2</td><td>-</td><td>1,233.9</td><td>1,009.5</td><td>-</td><td>260.1</td><td>716.6</td><td>173.2</td><td>80.6</td></tr><tr><td>1959-Mar. 31.</td><td>27,330.5</td><td>2,781.6</td><td>30.4</td><td>3,468.2</td><td>518.0</td><td>-</td><td>1,319.4</td><td>1,387.4</td><td>-</td><td>316.3</td><td>781.1</td><td>207.7</td><td>79.4</td></tr><tr><td>Sept. 30.</td><td>27,588.9</td><td>2,998.3</td><td>28.4</td><td>3,501.4</td><td>575.8</td><td>-</td><td>1,562.3</td><td>1,794.9</td><td>-</td><td>356.0</td><td>858.7</td><td>254.3</td><td>79.4</td></tr></table>
<table><tr><th>End of period</th><th>Office of the Administrator 12/</th><th colspan="3">Housing and Home Finance Agency</th><th colspan="3">Agriculture Department</th><th>Commerce Dept.</th><th>Interior Dept.</th><th colspan="2">Treasury Department</th></tr><tr><th></th><th></th><th>Federal National Mortgage Association 13/</th><th>Federal Housing Administration 14/</th><th>Public Housing Administration 14/</th><th>Commodity Credit Corporation 12/</th><th>Farmer's Home Administration 12/</th><th>Rural Electrification Administration 12/</th><th>Maritime activities</th><th>Expansion of defense prod.</th><th>RFC (in liquidation) 2/</th><th>Expansion of defense prod.</th><th>Other 16/ 17/</th></tr><tr><th>Fiscal years:</th><th></th><th>Manage-ment and liquidating</th><th>Secondary market</th><th>Special assistance</th><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th></th></tr><tr><td>1950.</td><td>.1</td><td>1,055.6</td><td>-</td><td>-</td><td>20.1</td><td>320.7</td><td>922.7</td><td>555.8</td><td>1,412.7</td><td>6/</td><td>-</td><td>-</td><td>3,780.1</td><td>29.2</td></tr><tr><td>1951.</td><td>32.6</td><td>1,578.9</td><td>-</td><td>-</td><td>23.2</td><td>464.1</td><td>354.0</td><td>564.7</td><td>1,644.2</td><td>6/</td><td>-</td><td>-</td><td>3,779.6</td><td>31.2</td></tr><tr><td>1952.</td><td>43.3</td><td>2,068.1</td><td>-</td><td>-</td><td>32.5</td><td>623.7</td><td>389.7</td><td>593.5</td><td>1,831.2</td><td>6/</td><td>-</td><td>-</td><td>3,774.3</td><td>41.1</td></tr><tr><td>1953.</td><td>59.2</td><td>2,497.8</td><td>-</td><td>-</td><td>37.4</td><td>634.9</td><td>1,152.6</td><td>645.4</td><td>2,013.8</td><td>7/</td><td>7.0</td><td>-</td><td>3,699.9</td><td>29.1</td></tr><tr><td>1954.</td><td>99.3</td><td>2,301.2</td><td>-</td><td>-</td><td>43.9</td><td>252.2</td><td>2,367.9</td><td>753.9</td><td>2,166.0</td><td>7/</td><td>10.1</td><td>-</td><td>3,651.1</td><td>40.1</td></tr><tr><td>1955.</td><td>229.4</td><td>2,584.5</td><td>9.1</td><td>-</td><td>56.6</td><td>99.5</td><td>2,137.4</td><td>769.6</td><td>2,285.6</td><td>-</td><td>11.9</td><td>202.1</td><td>170.9</td><td>3,601.0</td><td>28.6</td></tr><tr><td>1956.</td><td>308.2</td><td>2,495.6</td><td>233.4</td><td>1.4</td><td>18/</td><td>90.1</td><td>2,319.0</td><td>810.6</td><td>2,413.2</td><td>276.1</td><td>14.5</td><td>116.6</td><td>185.4</td><td>3,555.2</td><td>31.8</td></tr><tr><td>1957.</td><td>456.7</td><td>2,356.5</td><td>1,228.1</td><td>24.6</td><td>-</td><td>94.2</td><td>1,994.3</td><td>866.5</td><td>2,585.8</td><td>270.4</td><td>16.9</td><td>70.4</td><td>180.2</td><td>3,509.5</td><td>35.1</td></tr><tr><td>1958.</td><td>477.2</td><td>2,218.5</td><td>1,393.6</td><td>16.2</td><td>-</td><td>91.3</td><td>1,600.0</td><td>902.7</td><td>2,773.9</td><td>235.0</td><td>18.8</td><td>-</td><td>181.7</td><td>3,522.5</td><td>39.8</td></tr><tr><td>1959.</td><td>679.5</td><td>2,030.4</td><td>1,573.8</td><td>1,211.1</td><td>-</td><td>89.1</td><td>2,480.3</td><td>962.6</td><td>2,973.5</td><td>206.6</td><td>14.6</td><td>-</td><td>169.4</td><td>3,470.5</td><td>116.8</td></tr><tr><th>Calendar years:</th><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th></th></tr><tr><td>1950.</td><td>26.1</td><td>1,346.7</td><td>-</td><td>-</td><td>20.2</td><td>369.3</td><td>897.8</td><td>535.4</td><td>1,543.0</td><td>6/</td><td>-</td><td>-</td><td>3,779.6</td><td>27.7</td></tr><tr><td>1951.</td><td>40.5</td><td>1,849.6</td><td>-</td><td>-</td><td>29.5</td><td>609.3</td><td>782.3</td><td>538.7</td><td>1,742.1</td><td>6/</td><td>-</td><td>-</td><td>3,779.6</td><td>36.2</td></tr><tr><td>1952.</td><td>42.2</td><td>2,241.8</td><td>-</td><td>-</td><td>35.0</td><td>922.4</td><td>1,426.4</td><td>596.3</td><td>1,919.7</td><td>5/</td><td>5.1</td><td>-</td><td>3,697.0</td><td>36.2</td></tr><tr><td>1953.</td><td>78.2</td><td>2,461.7</td><td>-</td><td>-</td><td>40.5</td><td>544.5</td><td>3,075.9</td><td>648.1</td><td>2,096.0</td><td>5/</td><td>8.9</td><td>-</td><td>146.8</td><td>3,651.4</td><td>41.6</td></tr><tr><td>1954.</td><td>194.2</td><td>2,461.9</td><td>-</td><td>-</td><td>48.2</td><td>113.2</td><td>2,980.9</td><td>700.5</td><td>2,225.8</td><td>2/</td><td>11.0</td><td>209.1</td><td>162.6</td><td>3,604.2</td><td>34.6</td></tr><tr><td>1955.</td><td>266.3</td><td>2,555.7</td><td>85.7</td><td>-</td><td>67.4</td><td>92.9</td><td>2,620.8</td><td>681.3</td><td>2,348.0</td><td>260.7</td><td>13.2</td><td>143.2</td><td>185.8</td><td>3,552.9</td><td>30.3</td></tr><tr><td>1956.</td><td>352.4</td><td>2,417.8</td><td>648.7</td><td>5.6</td><td>18/</td><td>106.0</td><td>2,348.9</td><td>757.6</td><td>2,488.2</td><td>276.5</td><td>15.8</td><td>89.4</td><td>178.6</td><td>3,507.1</td><td>30.9</td></tr><tr><td>1957.</td><td>356.7</td><td>2,289.9</td><td>1,635.8</td><td>72.2</td><td>-</td><td>105.4</td><td>1,778.1</td><td>832.1</td><td>2,687.6</td><td>265.4</td><td>18.0</td><td>-</td><td>177.5</td><td>3,559.5</td><td>42.0</td></tr><tr><td>1958.</td><td>570.1</td><td>2,124.3</td><td>1,380.7</td><td>418.6</td><td>-</td><td>95.9</td><td>3,298.4</td><td>821.8</td><td>2,874.2</td><td>226.3</td><td>14.7</td><td>-</td><td>176.3</td><td>3,469.9</td><td>37.8</td></tr><tr><td>1959.</td><td>835.1</td><td>1,949.5</td><td>2,049.8</td><td>1,568.4</td><td>-</td><td>87.4</td><td>1,745.0</td><td>915.9</td><td>3,082.7</td><td>195.2</td><td>14.3</td><td>-</td><td>164.9</td><td>3,406.3</td><td>193.2</td></tr><tr><th>Current quarters:</th><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th></th></tr><tr><td>1958-Mar. 31.</td><td>413.5</td><td>2,259.3</td><td>1,717.9</td><td>118.8</td><td>-</td><td>107.4</td><td>2,498.6</td><td>905.8</td><td>2,732.1</td><td>248.7</td><td>18.4</td><td>-</td><td>182.6</td><td>3,525.2</td><td>41.3</td></tr><tr><td>Sept. 30.</td><td>525.3</td><td>2,173.3</td><td>1,333.5</td><td>209.4</td><td>-</td><td>105.9</td><td>1,962.1</td><td>899.9</td><td>2,820.1</td><td>232.5</td><td>19.1</td><td>-</td><td>181.2</td><td>3,520.5</td><td>33.6</td></tr><tr><td>1959-Mar. 31.</td><td>615.2</td><td>2,078.4</td><td>1,463.6</td><td>820.1</td><td>-</td><td>86.8</td><td>3,943.8</td><td>935.1</td><td>2,919.6</td><td>218.9</td><td>14.6</td><td>-</td><td>173.5</td><td>3,469.4</td><td>67.5</td></tr><tr><td>Sept. 30.</td><td>753.3</td><td>1,978.1</td><td>1,776.6</td><td>1,482.9</td><td>-</td><td>90.7</td><td>1,497.9</td><td>971.7</td><td>3,028.6</td><td>202.3</td><td>14.4</td><td>-</td><td>166.9</td><td>3,469.0</td><td>147.0</td></tr></table>
Footnotes on page 104
April 1960
103
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Footnotes to Table 1
These accounts consist in the main of unexpended balances of general, special, and revolving fund accounts against which checks may be drawn to pay proper charges under these funds. The funds are considered as assets of the agencies, but are not assets of the United States Government since funds must be provided out of cash balances of the Treasurer of the United States and future receipts to take care of checks as they are issued. The accounts also include foreign currency assets, representing loans and other receivables recoverable in foreign currency as well as balances of foreign currencies in United States depositories, aggregating $1,501,599 thousand in dollar equivalent. These currencies, acquired without the payment of dollars, were generated under various Government programs, principally the Agricultural Trade Development and
Assistance Act of 1954, as amended, and the Mutual Security Act, as amended. Dollar equivalents are computed for reporting purposes, to provide a common denominator for the currencies of the many countries involved. The rates of exchange used in the conversion of foreign currency units to United States dollar equivalent generally depend on the ultimate utilization of these currencies. Loans and other foreign currency receivables that are dollar denominated, are converted at the prevailing market rate of exchange. Loans stated in units of foreign currency and receivables in currencies that are available for sale for dollars and certain other United States uses are converted at market rates of exchange in effect on reporting dates, i. e., the rates at which the Treasury sells such currency to Government agencies.
Footnotes to Table 2
1/ See Table 1, footnote 1.
2/ Certain corporations and other business-type activities that have submitted statements of financial condition have guaranteed and incurred loans which are made by private financial institutions. These commitments are of a contingent nature and have been excluded from their balance sheets. The major agencies that have these contingencies and the amounts are as follows:
Activity
Amount
(In thousands of dollars)
International Cooperation Administration:
Foreign investment guarantee fund........................ 409,231
Export-Import Bank of Washington:
Regular lending activities................................ 1,390
Veterans' Administration:
Loan guaranty program (June 30, 1959).................... 16,832,000
Housing and Home Finance Agency:
Office of the Administrator:
Urban renewal fund...................................... 378,298
Federal Housing Administration:
Public housing administration............................ 29,276,774
Local housing authority bonds and notes (Commit-
ments covered by annual contributions).................... 2,605,732
Local housing authority temporary notes (Guar-
anteed).................................................. 836,360
Agriculture Department:
Federal Home Administration:
Farm tenant mortgage insurance fund.................... 164,323
Commerce Department:
Federal ship mortgage insurance fund.................... 257,482
Treasury Department:
Expansion of defense production........................ 15,067
Defense production guarantees (various activities)...... 247,940
2/ Represents the remaining accountability of the United States Government in certain assets and liabilities transferred from the Reconstruction Finance Corporation effective July 1, 1954.
4/ The surplus is considered by the Corporation as available for future insurance losses and related expenses with respect to insured institutions.
5/ Consists of net income from power operations of $543,903 thousand and net expense of nonrevenue-producing programs of $206,439 thousand.
6/ Represents the equity of the United States Treasury in this fund.
7/ Includes unrealized purchase discounts amounting to $3,149 thousand.
8/ Includes operating and administrative expense funds.
9/ Includes guaranteed loans and certificates of interest aggregating $152,204 thousand which are held by lending agencies.
10/ Includes net accrued interest of $1,611 thousand on investment in power facilities.
11/ Figures are as of January 8, 1960.
12/ Figures are shown on an estimated basis pending the taking of complete physical inventories and the establishment of monetary property accounting records.
13/ Includes $6,313 thousand advanced from a revolving fund which has been established by appropriations.
* Less then $500.
Footnotes to Table 3
1/ Consists of: Administrative expenses, foreign aid procurements; construction services, public buildings; and working capital fund. 2/ See Table 1, footnote 1.
2/ Figures are as of January 9, 1960.
* Less than $500.
Footnotes to Table 4
1 Consists of certain activities that are reporting on a quarterly basis and a semiannual basis at the present time.
2 Represents assets and liabilities of the United States Civil Service Commission exclusive of trust and revolving funds.
3 Represents the Cooley loan program established pursuant to the act approved August 13, 1957 (Public Law 85-128).
4 See Table 1, Footnote 1.
5 Represents appropriations for salaries and expenses.
6 See Table 2, Footnote 2.
7 Represents assets and liabilities of the General Services Administration exclusive of trust and revolving funds, and strategic and critical materials.
8 Includes vessels owned and under construction.
9 Represents allowance for losses from scrapping of obsolete vessels.
Includes stock of the International Bank for Reconstruction and Development amounting to $635,000 thousand and subscriptions to the International Monetary Fund and the International Finance Corporation amounting to $4,125,000 thousand and $15,168 thousand, respectively. Includes $314,752 thousand due under the agreement with Germany February 27, 1953, and lend-lease and surplus property balances due the United States in the principal amount of $1,636,073 thousand. Includes loan to the United Kingdom amounting to $3,307,440 thousand outstanding. Represents interest on invested capital. Represents funds returned to the United States Treasury from sale of capital assets, less than $500.
Footnotes to Table 6
1/ Consists of trust revolving funds that are submitting statements on a quarterly basis and certain trust revolving funds that are submitting statements on a semiannual and annual basis at the present time.
2/ See Table 1, footnote 1.
3/ Includes unrealized purchase discounts amounting to $82,296 thousand.
4/ Figures are as of June 30, 1959, the latest available.
5/ Represents transfers from States.
* Less than $500.
104
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Footnotes to Table 8
1/ Table 3 covers all Government loans outstanding. It includes foreign currency loans and those not included in Table 7 beginning 1956 which have been made by deposit and trust revolving funds.
2/ Includes guaranteed loans held by lending agencies.
3/ The major portion of the loans of the Veterans' Administration loan guaranty program are included under Mortgage loans* through 1955 and under Other* to aid veterans.
4/ Figures representing loans made by the International Cooperatio Administration prior to 1952 are not available at this time.
5/ Includes guaranteed loans held by lending agencies through March 31, 1959, and the loan to the United Kingdom.
6/ Reports on maritime activities were received by the United States Treasury Department during the period from March 31, 1947, through March 31, 1953. Reorganization Plan No. 21, effective May 24, 1950, abolished the United States Maritime Commission and transferred its functions into the Department of Commerce.
7/ Reports have been received from the Commerce Department on maritime activities for Fiscal Years 1950 and 1951. No loans were reported prior to December 31, 1955. Beginning with that date, certain mortgage notes are classified as mortgage loans.
8/ Established in the Department of State by Executive Order No. 10610, dated May 9, 1955, and effective at the close of business June 30, 1955, to succeed to the functions and missions Administration. Data for earlier periods are for predecessor agencies.
9/ On September 29, 1953, pursuant to the act approved July 30, 1953 (15 U.S.C. 609), the Reconstruction Finance Corporation started liquidation of its activities, except those carried on by the Corporation pursuant to Section 409 of the Federal Civil Defense Act of 1950 (50 App. U.S.C. 201-209). The liquidation program of activities carried on pursuant to the Defense Production Act of 1950, as amended (50 App. U.S.C. 2001-2002), which had been transferred to the Secretary of the Treasury as of September 28, 1953, and as of the close of business on September 28, 1953, respectively. Effective at the close of business June 30, 1954, pursuant to Reorganization Plan No. 21, 1950, the Civilian Defense Activities of the Corporation were transferred to the Export-Import Bank of Washington, the Federal National Mortgage Association, and the Small Business Administration. On July 1, 1954, the remaining activities of the Corporation were transferred to the Secretary of the Treasury to continue their operation, pursuant to the act of July 30, 1953, as amended June 29, 1954. The Corporation was abolished effective at the close of business June 30, 1957, by Reorganization Plan No. 1 of 1957, and the remaining functions of the Corporation were transferred to the Housing and Home Finance Administration, Administrator of General Services, Administrator of the Small Business Administrations, and the Secretary of the Treasury.
10/ Totals include loans of Home Owners' Loan Corporation amounting to $82.2 million as of June 30, 1950, and $9.6 million as of December 31, 1950.
11/ Beginning 1956 notes receivable which had previously been classified as loans are classified as other assets and are not included in this table.
12/ Figure for June 30, 1950, consists of Alaska housing loans. Subsequent figures include also: beginning December 31, 1950, loans for community facilities service (previously included under Public Works Administration), prefabricated housing loans (transferred from the Reconstruction Finance Corporation), and urban renewal loans authoriz-
ed by the Housing Act of 1959, as amended (42 U.S.C. 1652 (a)); beginning December 31, 1951, college housing loans authorized by the Housing Act of 1950, as amended (12 U.S.C. 1749); beginning December 31, 1954, loans held by the revolving fund established pursuant to the act approved June 24, 1954 (68 Stat. 295) for liquidation of not only Alaska housing, community facilities service programs, and rehabilitated housing loans already included but also loans under the Farm Security Administration program, the public war housing program, and the veterans' re-use housing program, all three of which previously were handled by the Public Housing Administration; as of December 31, 1955, public works planning loans authorized by the Housing Act of 1954, approved August 2, 1954 (40 U.S.C. 462); beginning December 31, 1956, public facility loans authorized by the Housing Amendments of 1955 approved August 11, 1955 (42 U.S.C. 1691); end from December 31, 1956, through June 30, 1957, community disposal operations loans authorized by the Atomic Energy Community Act of 1955 approved August 4, 1955 (42 U.S.C. 2301 note) and Executive Order No. 10657 of February 14, 1956.
13/ The Rural Housing (Northern Appalachian Charter Act approved August 2, 1954 (12 U.S.C. 1716), authorized the Association to carry on three functions consisting of management and liquidating functions, secondary market operations, and special assistance functions. Its activities under these three functions began on November 1, 1954.
14/ All figures in this column include the loans of the low-rent public housing program fund (formerly the Farm Security Administration Housing Act program) and included are the homes conversion program as of June 30, 1950, the Farm Security Administration end public war housing program from June 30, 1950, through June 30, 1954, and the veterans' re-use housing program from June 30, 1953 through June 30, 1954 (see footnote 12).
15/ Consists of the Farmers' Home Administration loan programs, the dis- eases insurance, revolving fund, the farm tenant mortgage insur- ence fund, and the State rural rehabilitation funds beginning June 30, 1956. Prior to June 30, 1956, the farm tenant mortgage insurance fund was included in the statement of financial condition of the loan programs.
16/ Consists of the loan to the United Kingdom and other miscellaneous loans, federal loans, revolving fund, beginning December 31, 1953, end the loans of the Reconstruction Finance Corporation liquidation fund beginning December 31, 1957 (see footnote 9).
17/ The major portion of the loans are held by the Inland Waterways Corporation; Department of the Interior - Puerto Rico Reconstruction Administration through December 31, 1954, fisheries loan fund beginning June 30, 1954; Indian census operation - the Army - general loan fund, World War II ground forces loan, 1953; the develop- ment loan fund beginning June 30, 1958; Office of Education - loans to educational institutions as of June 30, 1959; end agencies reporting loans pursuant to the Defense Production Act of 1950, as amended (50 App. U.S.C. 2091), which consist of the Departments of the Army beginning June 30, 1951, Navy beginning December 31, 1951, and Air Force beginning December 30, 1950, and the General Services Administra- tion beginning September 30, 1959.
18/ Beginning 1956 mortgage notes and sales contracts which had previously been classified as loans are classified as other assets end are not included in this table.
* Less than $50,000.
April 1960
105
CUMULATIVE TABLE OF CONTENTS
May 1959 through April 1960
<table><tr><th></th><th colspan="10">1959</th><th colspan="6">1960</th></tr><tr><th></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>Reporting bases:</td><td>II</td><td>II</td><td>II</td><td>II</td><td>II</td><td>II</td><td>II</td><td>II</td><td>II</td><td>II</td><td>II</td><td>II</td></tr><tr><td>Articles:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Treasury financing operations</td><td>A-1</td><td>A-1</td><td>A-1</td><td>A-1</td><td>A-1</td><td>A-1</td><td>A-1</td><td>A-1</td><td>A-1</td><td>A-1</td><td>A-1</td><td>A-1</td></tr><tr><td>Summary of Federal fiscal operations</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>Budget receipts and 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>Receipts by principal sources</td><td>2</td><td>2</td><td>2</td><td>2</td><td>2</td><td>2</td><td>2</td><td>2</td><td>2</td><td>2</td><td>2</td><td>2</td></tr><tr><td>Expenditures by agencies</td><td>4</td><td>4</td><td>4</td><td>4</td><td>4</td><td>4</td><td>4</td><td>4</td><td>4</td><td>4</td><td>4</td><td>4</td></tr><tr><td>Summary of appropriations and authorizations, expenditures, and balances, by agencies</td><td>5</td><td>5</td><td>5</td><td>5</td><td>5</td><td>5</td><td>5</td><td>5</td><td>5</td><td>5</td><td>5</td><td>5</td></tr><tr><td>Expenditures and balances by functions</td><td>6</td><td>6</td><td>6</td><td>6</td><td>6</td><td>6</td><td>6</td><td>6</td><td>6</td><td>6</td><td>6</td><td>6</td></tr><tr><td>Trust account and other transactions:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Summary of trust account and other transactions</td><td>8</td><td>8</td><td>8</td><td>8</td><td>8</td><td>8</td><td>8</td><td>8</td><td>8</td><td>8</td><td>8</td><td>8</td></tr><tr><td>Trust account receipts</td><td>9</td><td>9</td><td>9</td><td>9</td><td>9</td><td>9</td><td>9</td><td>9</td><td>9</td><td>9</td><td>9</td><td>9</td></tr><tr><td>Trust and deposit fund account expenditures</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>Net investment by Government agencies in public debt securities</td><td>11</td><td>11</td><td>11</td><td>11</td><td>11</td><td>11</td><td>11</td><td>11</td><td>11</td><td>11</td><td>11</td><td>11</td></tr><tr><td>Net redemption or sale of obligations of Government agencies in the market</td><td>12</td><td>12</td><td>12</td><td>12</td><td>12</td><td>12</td><td>12</td><td>12</td><td>12</td><td>12</td><td>12</td><td>12</td></tr><tr><td>Federal Old-Age and Survivors Insurance Trust Fund</td><td>13</td><td>13</td><td>13</td><td>13</td><td>13</td><td>13</td><td>13</td><td>13</td><td>13</td><td>13</td><td>13</td><td>13</td></tr><tr><td>Federal Disability Insurance Trust Fund</td><td>14</td><td>14</td><td>14</td><td>14</td><td>14</td><td>14</td><td>14</td><td>14</td><td>14</td><td>14</td><td>14</td><td>14</td></tr><tr><td>Railroad Retirement Account</td><td>15</td><td>15</td><td>15</td><td>15</td><td>15</td><td>15</td><td>15</td><td>15</td><td>15</td><td>15</td><td>15</td><td>15</td></tr><tr><td>Unemployment Trust Fund</td><td>16</td><td>16</td><td>16</td><td>16</td><td>16</td><td>16</td><td>16</td><td>16</td><td>16</td><td>16</td><td>16</td><td>16</td></tr><tr><td>National Service Life Insurance Fund</td><td>17</td><td>17</td><td>17</td><td>17</td><td>17</td><td>17</td><td>17</td><td>17</td><td>17</td><td>17</td><td>17</td><td>17</td></tr><tr><td>Investments of specified trust accounts in public debt securities, by issues (latest date December 31, 1959)</td><td>18</td><td>18</td><td>18</td><td>18</td><td>18</td><td>18</td><td>18</td><td>18</td><td>18</td><td>18</td><td>18</td><td>18</td></tr><tr><td>Cash income and 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></tr><tr><td>Summary of Federal Government cash transactions with the public</td><td>19</td><td>19</td><td>19</td><td>19</td><td>19</td><td>19</td><td>19</td><td>19</td><td>19</td><td>19</td><td>19</td><td>19</td></tr><tr><td>Summary of cash transactions through Treasurer's account</td><td>20</td><td>20</td><td>20</td><td>20</td><td>20</td><td>20</td><td>20</td><td>20</td><td>20</td><td>20</td><td>20</td><td>20</td></tr><tr><td>Derivation of Federal receipts from the public, and reconciliation to cash deposits in Treasurer's account</td><td>18</td><td>14</td><td>14</td><td>19</td><td>14</td><td>14</td><td>19</td><td>14</td><td>14</td><td>19</td><td>14</td><td>14</td></tr><tr><td>Derivation of Federal payments to the public, and reconciliation to cash withdrawals from Treasurer's account</td><td>18</td><td>14</td><td>14</td><td>19</td><td>14</td><td>14</td><td>19</td><td>14</td><td>14</td><td>19</td><td>14</td><td>14</td></tr><tr><td>Intragovernmental transactions</td><td>19</td><td>15</td><td>15</td><td>20</td><td>15</td><td>15</td><td>20</td><td>15</td><td>15</td><td>20</td><td>15</td><td>15</td></tr><tr><td>Accrued interest and other noncash expenditures</td><td>19</td><td>15</td><td>15</td><td>20</td><td>15</td><td>15</td><td>20</td><td>15</td><td>15</td><td>20</td><td>15</td><td>15</td></tr><tr><td>Derivation of Federal net cash debt transactions with the public, and reconciliation to transactions through Treasurer's account</td><td>20</td><td>16</td><td>16</td><td>21</td><td>16</td><td>16</td><td>21</td><td>16</td><td>16</td><td>21</td><td>16</td><td>16</td></tr><tr><td>Account of the Treasurer of 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></tr><tr><td>Status of the account of the Treasurer of the United States</td><td>22</td><td>18</td><td>18</td><td>23</td><td>18</td><td>18</td><td>23</td><td>18</td><td>18</td><td>23</td><td>18</td><td>18</td></tr><tr><td>Analysis of changes in tax and loan account balances</td><td>23</td><td>19</td><td>19</td><td>24</td><td>19</td><td>19</td><td>24</td><td>19</td><td>19</td><td>24</td><td>19</td><td>19</td></tr><tr><td>Debt outstanding:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Summary of Federal securities</td><td>24</td><td>20</td><td>20</td><td>25</td><td>20</td><td>20</td><td>25</td><td>20</td><td>20</td><td>25</td><td>20</td><td>20</td></tr><tr><td>Computed interest charge and rate on Federal securities</td><td>24</td><td>20</td><td>20</td><td>25</td><td>20</td><td>20</td><td>25</td><td>20</td><td>20</td><td>25</td><td>20</td><td>20</td></tr><tr><td>Interest-bearing public debt</td><td>25</td><td>21</td><td>21</td><td>26</td><td>21</td><td>21</td><td>26</td><td>21</td><td>21</td><td>26</td><td>21</td><td>21</td></tr><tr><td>Average length and maturity distribution of marketable</td><td>25</td><td>21</td><td>21</td><td>26</td><td>21</td><td>21</td><td>26</td><td>21</td><td>21</td><td>26</td><td>21</td><td>21</td></tr><tr><td>Interest-bearing public debt</td><td>26</td><td>22</td><td>22</td><td>27</td><td>22</td><td>22</td><td>27</td><td>22</td><td>22</td><td>27</td><td>22</td><td>22</td></tr><tr><td>Special issues to U.S. Government investment accounts</td><td>27</td><td>23</td><td>23</td><td>28</td><td>23</td><td>23</td><td>28</td><td>23</td><td>23</td><td>28</td><td>23</td><td>23</td></tr><tr><td>Treasury bonds of securities issued by Government agencies</td><td>28</td><td>24</td><td>24</td><td>29</td><td>24</td><td>24</td><td>29</td><td>24</td><td>24</td><td>29</td><td>24</td><td>24</td></tr><tr><td>Statutory debt limitation</td><td>29</td><td>25</td><td>25</td><td>30</td><td>25</td><td>25</td><td>30</td><td>25</td><td>25</td><td>30</td><td>25</td><td>25</td></tr><tr><td>Public Debt Operations</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Maturity schedule of interest-bearing public marketable securities</td><td>30</td><td>25</td><td>25</td><td>30</td><td>25</td><td>25</td><td>30</td><td>25</td><td>25</td><td>30</td><td>25</td><td>25</td></tr><tr><td>Maturity schedule of interest-bearing public marketable securities other than regular weekly Treasury bills</td><td>31</td><td>27</td><td>27</td><td>32</td><td>27</td><td>27</td><td>32</td><td>27</td><td>27</td><td>32</td><td>27</td><td>27</td></tr><tr><td>Offerings of Treasury bills</td><td>32</td><td>29</td><td>29</td><td>34</td><td>29</td><td>29</td><td>34</td><td>29</td><td>29</td><td>34</td><td>29</td><td>29</td></tr><tr><td>New money financing through Treasury bills</td><td>33</td><td>31</td><td>31</td><td>36</td><td>31</td><td>31</td><td>36</td><td>31</td><td>31</td><td>36</td><td>31</td><td>31</td></tr><tr><td>New money financing through regular weekly Treasury bills</td><td>34</td><td>35</td><td>35</td><td>40</td><td>35</td><td>35</td><td>40</td><td>35</td><td>35</td><td>40</td><td>35</td><td>35</td></tr><tr><td>Offerings of marketable issues of Treasury bonds, notes, and certificates of indebtedness</td><td>35</td><td>36</td><td>36</td><td>42</td><td>37</td><td>37</td><td>43</td><td>38</td><td>38</td><td>43</td><td>38</td><td>38</td></tr><tr><td>Offerings of public marketable securities other than regular weekly Treasury bills</td><td>36</td><td>37</td><td>37</td><td>42</td><td>37</td><td>37</td><td>43</td><td>38</td><td>38</td><td>43</td><td>38</td><td>38</td></tr><tr><td>Allotments by investor classes on subscriptions for marketable issues of Treasury bonds, notes, and certificates of indebtedness</td><td>38</td><td>39</td><td>39</td><td>44</td><td>39</td><td>39</td><td>44</td><td>39</td><td>39</td><td>44</td><td>39</td><td>39</td></tr><tr><td>Allotments by investor classes on subscriptions for public marketable securities other than regular weekly Treasury bills</td><td>39</td><td>40</td><td>40</td><td>45</td><td>40</td><td>40</td><td>45</td><td>40</td><td>40</td><td>45</td><td>40</td><td>40</td></tr><tr><td>Disposition of matured marketable issues of Treasury bonds, notes, and certificates of indebtedness</td><td>40</td><td>41</td><td>41</td><td>46</td><td>41</td><td>41</td><td>46</td><td>41</td><td>41</td><td>46</td><td>41</td><td>41</td></tr><tr><td>Disposition of matured public marketable securities other than regular weekly Treasury bills</td><td>41</td><td>42</td><td>42</td><td>47</td><td>42</td><td>42</td><td>47</td><td>42</td><td>42</td><td>47</td><td>42</td><td>42</td></tr></table>
(Continued on following page)
106
Treasury Bulletin
CUMULATIVE TABLE OF CONTENTS
May 1959 through April 1960 - (Continued)
<table><tr><th colspan="14">Issue and page number</th></tr><tr><th></th><th colspan="10">1959</th><th colspan="4">1960</th></tr><tr><th></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>United States savings 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></tr><tr><td>Cumulative sales and redemptions by series</td><td>43</td><td>40</td><td>41</td><td>46</td><td>41</td><td>41</td><td>47</td><td>42</td><td>42</td><td>47</td><td>42</td><td>42</td></tr><tr><td>Sales and redemptions by periods, all series combined</td><td>43</td><td>40</td><td>41</td><td>46</td><td>41</td><td>41</td><td>47</td><td>42</td><td>42</td><td>47</td><td>42</td><td>42</td></tr><tr><td>Sales and redemptions by periods, Series E through K</td><td>44</td><td>41</td><td>42</td><td>47</td><td>42</td><td>42</td><td>48</td><td>43</td><td>43</td><td>48</td><td>43</td><td>43</td></tr><tr><td>Redemptions of matured and unmatured bonds</td><td>46</td><td>43</td><td>44</td><td>49</td><td>44</td><td>44</td><td>50</td><td>45</td><td>45</td><td>50</td><td>45</td><td>45</td></tr><tr><td>Sales and redemptions by denominations, Series E and H combined</td><td>47</td><td></td><td></td><td>50</td><td></td><td></td><td>51</td><td></td><td></td><td>51</td><td></td><td></td></tr><tr><td>Sales by States, Series E and H combined</td><td></td><td></td><td></td><td>51</td><td></td><td></td><td></td><td></td><td></td><td>52</td><td></td><td></td></tr><tr><td>Ownership of Federal 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>Distribution by classes of investors and types of issues</td><td>48</td><td>44</td><td>45</td><td>52</td><td>45</td><td>45</td><td>52</td><td>46</td><td>46</td><td>53</td><td>46</td><td>46</td></tr><tr><td>Net market purchases or sales for investment accounts handled by the Treasury</td><td>48</td><td>44</td><td>45</td><td>52</td><td>45</td><td>45</td><td>52</td><td>46</td><td>46</td><td>53</td><td>46</td><td>46</td></tr><tr><td>Estimated ownership</td><td>49</td><td>45</td><td>46</td><td>53</td><td>46</td><td>46</td><td>53</td><td>47</td><td>47</td><td>54</td><td>47</td><td>47</td></tr><tr><td>Treasury survey of ownership of Federal 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>Ownership by banks, insurance companies, and others</td><td>50</td><td>46</td><td>47</td><td>54</td><td>47</td><td>47</td><td>54</td><td>48</td><td>48</td><td>55</td><td>48</td><td>48</td></tr><tr><td>Ownership by commercial banks classified by membership in Federal Reserve System (latest date December 31, 1959)</td><td></td><td></td><td></td><td></td><td>51</td><td></td><td></td><td></td><td></td><td></td><td>52</td><td></td></tr><tr><td>Market quotations:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>End-of-month closing quotations on Treasury securities by issues</td><td>54</td><td>50</td><td>51</td><td>58</td><td>55</td><td>51</td><td>58</td><td>52</td><td>52</td><td>59</td><td>56</td><td>52</td></tr><tr><td>Chart - Yields of Treasury securities</td><td>56</td><td>52</td><td>53</td><td>60</td><td>57</td><td>53</td><td>60</td><td>54</td><td>54</td><td>61</td><td>58</td><td>54</td></tr><tr><td>Average yields of long-term 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></tr><tr><td>Average yields of Treasury and corporate bonds by periods</td><td>57</td><td>53</td><td>54</td><td>61</td><td>58</td><td>54</td><td>61</td><td>55</td><td>55</td><td>62</td><td>59</td><td>55</td></tr><tr><td>Chart - Average yields of Treasury and corporate bonds</td><td>58</td><td>54</td><td>55</td><td>62</td><td>59</td><td>55</td><td>62</td><td>56</td><td>56</td><td>63</td><td>60</td><td>56</td></tr><tr><td>Internal revenue collections:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Summary by principal sources</td><td>59</td><td>55</td><td>56</td><td>63</td><td>60</td><td>56</td><td>63</td><td>57</td><td>57</td><td>64</td><td>61</td><td>57</td></tr><tr><td>Chart - Internal revenue collections by principal sources</td><td>60</td><td>56</td><td>57</td><td>64</td><td>61</td><td>57</td><td>64</td><td>58</td><td>58</td><td>65</td><td>62</td><td>58</td></tr><tr><td>Detail of excise tax collections</td><td></td><td>57</td><td></td><td></td><td>62</td><td></td><td></td><td>59</td><td></td><td></td><td>63</td><td></td></tr><tr><td>Monetary statistics:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Money in circulation</td><td>61</td><td>59</td><td>58</td><td>65</td><td>64</td><td>58</td><td>65</td><td>61</td><td>59</td><td>66</td><td>65</td><td>59</td></tr><tr><td>Monetary stocks of gold and silver</td><td>62</td><td>60</td><td>59</td><td>66</td><td>65</td><td>59</td><td>66</td><td>62</td><td>60</td><td>67</td><td>66</td><td>60</td></tr><tr><td>Cold assets and liabilities of the Treasury</td><td>62</td><td>60</td><td>59</td><td>66</td><td>65</td><td>59</td><td>66</td><td>62</td><td>60</td><td>67</td><td>66</td><td>60</td></tr><tr><td>Components of silver monetary stock</td><td>63</td><td>61</td><td>60</td><td>67</td><td>66</td><td>60</td><td>67</td><td>63</td><td>61</td><td>68</td><td>67</td><td>61</td></tr><tr><td>Seigniorage</td><td>64</td><td>62</td><td>61</td><td>68</td><td>67</td><td>61</td><td>68</td><td>64</td><td>62</td><td>69</td><td>68</td><td>62</td></tr><tr><td>Increment from reduction in weight of gold dollar (latest date December 31, 1959)</td><td>64</td><td></td><td></td><td>68</td><td></td><td></td><td>68</td><td></td><td></td><td>69</td><td></td><td></td></tr><tr><td>Exchange Stabilization Fund (latest date September 30, 1959):</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Balance sheet</td><td>65</td><td></td><td></td><td>69</td><td></td><td></td><td>69</td><td></td><td></td><td>70</td><td></td><td></td></tr><tr><td>Income and expense</td><td>66</td><td></td><td></td><td>70</td><td></td><td></td><td>70</td><td></td><td></td><td>71</td><td></td><td></td></tr><tr><td>National bank reports:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Earnings, expenses, and dividends for calendar years 1954-58</td><td></td><td>63</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital movements between the United States and foreign countries:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Summary by periods since 1935</td><td>67</td><td>64</td><td>62</td><td>71</td><td>68</td><td>62</td><td>71</td><td>65</td><td>63</td><td>72</td><td>69</td><td>63</td></tr><tr><td>Summary by countries and periods</td><td>70</td><td>67</td><td>65</td><td>74</td><td>71</td><td>65</td><td>74</td><td>68</td><td>66</td><td>75</td><td>72</td><td>66</td></tr><tr><td>Short-term banking liabilities to foreigners, latest month</td><td>74</td><td>71</td><td>69</td><td>78</td><td>75</td><td>69</td><td>78</td><td>72</td><td>70</td><td>79</td><td>76</td><td>70</td></tr><tr><td>Short-term banking claims on foreigners, latest month</td><td>75</td><td>72</td><td>70</td><td>79</td><td>76</td><td>70</td><td>79</td><td>73</td><td>71</td><td>80</td><td>77</td><td>71</td></tr><tr><td>Purchases and sales of long-term securities by foreigners, latest month</td><td>76</td><td>73</td><td>71</td><td>80</td><td>77</td><td>71</td><td>80</td><td>74</td><td>72</td><td>81</td><td>78</td><td>72</td></tr><tr><td>Short-term liabilities and claims reported by nonfinancial concerns</td><td></td><td>74</td><td>72</td><td></td><td>78</td><td>72</td><td></td><td>75</td><td>73</td><td></td><td>79</td><td>73</td></tr><tr><td>Long-term liabilities and claims reported by banks and bankers</td><td></td><td>75</td><td></td><td>79</td><td>80</td><td></td><td>76</td><td></td><td></td><td>80</td><td></td><td></td></tr><tr><td>Estimated gold and short-term dollar resources of foreign countries and international institutions</td><td></td><td></td><td></td><td>80</td><td></td><td></td><td></td><td></td><td></td><td>81</td><td></td><td></td></tr><tr><td>Foreign credit and debit balances in brokered accounts</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td>82</td><td></td><td></td></tr><tr><td>Short-term liabilities, countries and areas not regularly reported</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases and sales of long-term securities by foreigners during calendar year 1958</td><td>77</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Corporations and certain other business-type activities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Statements of financial condition (latest date December 31, 1959)</td><td></td><td>77</td><td></td><td></td><td></td><td></td><td></td><td>78</td><td></td><td>84</td><td>75</td><td></td></tr><tr><td>Income and expense (latest date June 30, 1959)</td><td>79</td><td></td><td></td><td></td><td></td><td></td><td></td><td>75</td><td></td><td></td><td></td><td></td></tr><tr><td>Source and application of funds (latest date June 30, 1959)</td><td>98</td><td></td><td></td><td></td><td></td><td></td><td></td><td>95</td><td></td><td></td><td></td><td></td></tr></table>
TREASURY DEPARTMENT
FISCAL SERVICE, BUREAU OF ACCOUNTS OFFICE OF THE COMMISSIONER WASHINGTON 25, D.C.
OFFICIAL BUSINESS
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