LIBRARY
JUN 23 1972
TREASURY DEPARTMENT
TREASURY DEPARTMENT
FISCAL SERVICE, BUREAU OF ACCOUNTS
OFFICE OF THE COMMISSIONER
WASHINGTON 25, D.C.
OFFICIAL BUSINESS
TREASURY BULLETIN
DECEMBER - 1961
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 $7.00 domestic, $8.75 foreign Single copy price varies
December 1961
Table of Contents
Page
Treasury financing operations.................... A-1
Summary of Federal fiscal operations................ 1
Budget receipts and expenditures.................... 2
Trust account and other transactions................ 9
Cash income and outgo.................... 14
Account of the Treasurer of the United States...... 20
Debt outstanding.................... 22
Statutory debt limitation.................... 27
Public debt operations.................... 28
United States savings bonds.................... 49
Ownership of Federal securities.................... 53
Treasury survey of ownership of Federal securities.. 55
Market quotations on Treasury securities............ 59
Average yields of long-term bonds.................... 62
Internal revenue collections.................... 64
Monetary statistics.................... 68
International financial statistics.................... 72
Capital movements.................... 73
Corporations and certain other business-type
activities - statements of financial condition...... 85
Cumulative table of contents.................... 125
NOTICE
In addition to the groups of tables updated in the November Bulletin, the following series, beginning with this issue, will show data for the month preceding the month of issue of the Treasury Bulletin.
Statutory debt limitation, tables 1 and 2
Public debt operations, table 1
United States savings bonds, tables 1-4
Ownership of Federal securities, table 2
Internal revenue collections are included for both September and October.
II
Treasury Bulletin
Reporting Bases
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."
Beginning with the final statement for the fiscal year 1960, the monthly statement reports totals for net budget receipts and budget expenditures after deduction of certain interfund transactions which are included in the detail of both budget receipts and budget expenditures. The transactions deducted consist of interest payments and minor amounts of certain other payments made by Government agencies to the Treasury. This reporting change was made in accordance with the plan stated in the President's Budget Message of January 18, 1960. It does not affect the surplus or deficit. Figures for earlier periods shown in the Treasury Bulletin were revised to the new reporting basis in the September 1960 issue. The interfund transactions deducted under this procedure do not include payments to the Treasury by wholly owned Government corporations for retirement of their capital stock and for disallocation of earnings. These capital transfers have been excluded currently from budget receipts and budget expenditures beginning July 1, 1948, and figures for prior fiscal years back through 1932 were revised accordingly at that time.
The daily statement on the new basis was first issued for February 17, 1954. In the deposits and withdrawals as shown, no distinction is made as to the type of accounts (budget, trust, sto.). 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.
December 1961
III
Reporting Bases
(Continued)
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 they were 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 Defense 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 as 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 through some may not have cleared the Treasurer's account during that period.
Note:
Where calculations have been made from unrounded figures, the details may not check to the totals shown.
December 1961
A-1
Treasury Financing Operations
Results of Exchange of F and G Savings Bonds for Marketable Bonds
On a preliminary basis as of December 6, 1961, $316 million of the $970 million outstanding F and G savings bonds maturing in 1962 were reported as exchanged for the 3-7/8 percent Treasury bonds of 1968. As noted in the Treasury Bulletin for November, the new bonds are additional to the $2,137 million outstanding of this issue, which is dated June 23, 1960. Exchanges of the F and G bonds were made on the basis of equal face amounts and were allotted in full.
The exchange values of the savings bonds were higher than their current redemption values and were fixed to provide an investment yield of approximately 1 percent per annum more than otherwise would accrue from December 15, 1961, to the maturity dates of the savings bonds. The exchange will provide an investment yield of approximately 3.96 percent per annum from the respective maturity dates of the F and G bonds to May 15, 1968, the maturity date of the 3-7/8 percent Treasury bonds of 1968.
All subscribers were charged accrued interest on the Treasury bonds of 1968 from November 15 to December 15, 1961 ($0.32 per $100) and also were
charged or credited for differences between the offering price of the new bonds and the exchange values of the F and G bonds.
The bonds of 1968 were issued in bearer form with interest coupons attached, and bonds registered as to principal and interest, in denominations of $500, $1,000, $5,000, $10,000, $100,000, and $1,000,000. Holders of F and G bonds aggregating less than an even multiple of $500 maturity value could exchange them for the next higher multiple of $500 upon payment in cash of the difference.
Any qualified depositary was permitted to make payment by credit in its Treasury tax and loan account for any cash payments authorized or required to be made for bonds allotted to it for itself and its customers up to any amount for which it was qualified in excess of existing deposits.
Exchange values of Series F bonds, the differences between those values and the offering price of the 3-7/8 percent bonds, the interest which will accrue on the new bonds, and total amounts paid to or collected from holders of Series F bonds per $100 (face amount) are as follows:
<table><tr><th>F bonds maturing in 1962 on the first day of -</th><th>Exchange values of F bonds per $100 (face amount)</th><th>Credit, or charge (-), for differences between $99.50 (offering price per $100 of new bonds) and exchange values of F bonds</th><th>Interest charged on new bonds per $100 (face amount) of F bonds</th><th>Total amounts paid to,or collected from (-), subscribers per $100 (face amount) of F bonds accepted 1/</th><th>Interest accruing per $100 on new bonds from Nov. 15, 1961 to maturity dates of F bonds in 1962 2/</th></tr><tr><td>January</td><td>$99.88</td><td>$0.38</td><td>-$0.32</td><td>$0.06</td><td>$0.50</td></tr><tr><td>February</td><td>99.64</td><td>0.14</td><td>-0.32</td><td>-0.18</td><td>0.83</td></tr><tr><td>March</td><td>99.40</td><td>-0.10</td><td>-0.32</td><td>-0.42</td><td>1.13</td></tr><tr><td>April</td><td>99.16</td><td>-0.34</td><td>-0.32</td><td>-0.66</td><td>1.47</td></tr><tr><td>May</td><td>98.92</td><td>-0.58</td><td>-0.32</td><td>-0.90</td><td>1.79</td></tr><tr><td>June</td><td>98.64</td><td>-0.86</td><td>-0.32</td><td>-1.18</td><td>2.12</td></tr><tr><td>July</td><td>98.40</td><td>-1.10</td><td>-0.32</td><td>-1.42</td><td>2.43</td></tr><tr><td>August</td><td>98.16</td><td>-1.34</td><td>-0.32</td><td>-1.66</td><td>2.76</td></tr><tr><td>September</td><td>97.92</td><td>-1.58</td><td>-0.32</td><td>-1.90</td><td>3.09</td></tr><tr><td>October</td><td>97.68</td><td>-1.82</td><td>-0.32</td><td>-2.14</td><td>3.40</td></tr><tr><td>November</td><td>97.44</td><td>-2.06</td><td>-0.32</td><td>-2.38</td><td>3.73</td></tr><tr><td>December</td><td>97.20</td><td>-2.30</td><td>-0.32</td><td>-2.62</td><td>4.05</td></tr></table>
1/ In addition, for each $100, or multiple or fraction thereof, between the face amount of Series F bonds submitted and the face amount of bonds subscribed (to next higher multiple of $500) the subscribers must pay $99.82 ($99.50 issue price plus $0.32 accrued interest). 2/ Including $0.32 per $100 paid by the subscribers as accrued interest from November 15, 1961, to December 15, 1961.
A-2
Treasury Bulletin
Treasury Financing Operations - (Continued)
Exchange values of Series G bonds, the differences between those values and the offering price of the 3-7/8 percent bonds, the accrued interest credited on the G bonds, the interest which will accrue on the new bonds, and the total amounts paid
of the new 26-week bills were for $3.6 billion each, and one on November 9 was for $20.5 billion.
With the exception of the new 26-week bills dated November 24, which are for 131 days, the new bill issues carry 91-day and 132-day maturities.
<table><tr><th>G bonds maturing in 1'6 on the first day of -</th><th>Exchange values of G bonds per $100 (face amount)</th><th>Credit for differences between $99.50 (offering price per $100 of new bonds) and exchange values of G bonds</th><th>Interest credited on G bonds per $100 (face amount)</th><th>Interest charged on new bonds per $100 (face amount) of G bonds</th><th>Total amounts paid to, or collected from (-), subscribers per $100 (face amount) of G bonds accepted 1/</th><th>Interest accruing per $100 on new bonds from Nov. 15, 1961 to maturity dates of G bonds in 1962 2/</th></tr><tr><td>January....</td><td>$99.78</td><td>$0.48</td><td>$1.15</td><td>-$0.32</td><td>$1.31</td><td>$0.50</td></tr><tr><td>February....</td><td>99.94</td><td>0.44</td><td>0.94</td><td>-0.32</td><td>1.06</td><td>0.83</td></tr><tr><td>March....</td><td>99.90</td><td>0.40</td><td>0.73</td><td>-0.32</td><td>0.81</td><td>1.13</td></tr><tr><td>April....</td><td>99.86</td><td>0.36</td><td>0.52</td><td>-0.32</td><td>0.56</td><td>1.47</td></tr><tr><td>May....</td><td>99.82</td><td>0.32</td><td>0.31</td><td>-0.32</td><td>0.31</td><td>1.79</td></tr><tr><td>June....</td><td>99.79</td><td>0.29</td><td>0.10</td><td>-0.32</td><td>0.07</td><td>2.12</td></tr><tr><td>July....</td><td>99.76</td><td>0.26</td><td>3/</td><td>-0.32</td><td>-0.16 3/</td><td>2.43</td></tr><tr><td>August....</td><td>99.71</td><td>0.21</td><td>0.94</td><td>-0.32</td><td>0.83</td><td>2.76</td></tr><tr><td>September....</td><td>99.68</td><td>0.18</td><td>0.73</td><td>-0.32</td><td>0.59</td><td>3.09</td></tr><tr><td>October....</td><td>99.64</td><td>0.14</td><td>0.52</td><td>-0.32</td><td>0.34</td><td>3.42</td></tr><tr><td>November....</td><td>99.60</td><td>0.10</td><td>0.31</td><td>-0.32</td><td>0.09</td><td>3.73</td></tr><tr><td>December....</td><td>99.56</td><td>0.06</td><td>0.10</td><td>-0.32</td><td>-0.16</td><td>4.05</td></tr></table>
1/ in addition, for each $100, or multiple thereof, between the face amount of Series G bonds submitted and the face amount of bonds subscribed (to next higher multiple of $500) the subscribers must pay: $99.82 ($99.50 issue price plus $0.32 accrued interest). 2/ Including $0.32 per $100 paid by the subscribers as accrued interest from November 15, 1961, to December 15, 1961. 3/ Interest will be paid to January 1, 1962, on bonds maturing July 1, 1962, in regular course on January 1, 1962, by checks mailed by the Treasury Department. As these checks will include unearned interest for the period from December 15, 1961, to January 1, 1962, subscribers who tender those bonds will be required to make an interest refund of $0.10 per $100 (face amount). The above amount of $0.16 includes such refund.
to or collected from holders of Series G bonds per $100 (face amount) are shown in the table which appears above.
Weekly Bills Refunded
Regular weekly issues of Treasury bills totaled $1.5 billion in November. They refunded the weekly amounts of maturing bills, which included the remaining $0.5 billion of the "strip" bills issued on June 14. New bills of the 13-week series consisted of four issues for $1.1 billion each, and one on November 5 for $1.2 billion. Four issues
Average rates of discount on the new bills were as follows:
<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>1961 Nov. 2 9 16 24 30</td><td>1961 Aug. 3 10 17 24 31</td><td>2.280% 2.349 2.516 2.537 2.606</td><td>1961 Nov. 2 9 16 24 30</td><td>2.613% 2.554 2.721 2.734 2.807</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.
December 1961
1
SUMMARY OF FEDERAL FISCAL OPERATIONS
(In millions of dollars)
<table><tr><th rowspan="2">Period</th><th colspan="4">Budget receipts and expenditures</th><th colspan="6">Levels, end of period</th></tr><tr><th>Net receipts 1/</th><th>Expenditures 1/</th><th>Surplus, or deficit (-)</th><th>Net of trust account and other transactions 2/</th><th>Clearing account, etc. 2/</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>Public debt</th><th>Guaranteed securities</th><th>Total Federal securities</th><th>Subject to limitation 4/</th></tr><tr><td>Fiscal years:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td colspan="3">Debt outstanding</td><td></td></tr><tr><td>1948 2/</td><td>41,375</td><td>32,955</td><td>8,419</td><td>-294</td><td>-507</td><td>-5,994</td><td>1,624</td><td>4,932</td><td>252,292</td><td>73</td><td>252,366</td><td>251,542</td></tr><tr><td>1949 2/</td><td>37,663</td><td>39,474</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>36,422</td><td>39,544</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>47,480</td><td>43,970</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>61,287</td><td>65,303</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>64,671</td><td>74,120</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>266,123</td><td>265,522</td></tr><tr><td>1954</td><td>64,420</td><td>67,537</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>60,209</td><td>64,389</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>67,850</td><td>66,224</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>70,562</td><td>68,966</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>68,550</td><td>71,369</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>276,013</td></tr><tr><td>1959</td><td>67,915</td><td>80,342</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</td><td>77,763</td><td>76,539</td><td>1,224</td><td>-50</td><td>-145</td><td>1,625</td><td>2,654</td><td>8,005</td><td>286,331</td><td>140</td><td>286,471</td><td>286,065</td></tr><tr><td>1961 p.</td><td>77,578</td><td>81,503</td><td>-3,925</td><td>-559</td><td>533</td><td>2,640</td><td>-1,311</td><td>6,694</td><td>288,971</td><td>240</td><td>289,211</td><td>288,862</td></tr><tr><td>1962 (Est.)</td><td>82,100</td><td>88,985</td><td>-6,885</td><td>15</td><td>-53</td><td>6,229</td><td>-694</td><td>6,000</td><td>295,200</td><td>n.a.</td><td>n.a.</td><td>n.a.</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></tr><tr><td>1948</td><td>40,800</td><td>35,559</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>37,464</td><td>41,056</td><td>-3,592</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>37,235</td><td>37,657</td><td>-422</td><td>311</td><td>87</td><td>-423</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>52,877</td><td>56,236</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>64,705</td><td>70,547</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>63,654</td><td>72,811</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>60,938</td><td>64,622</td><td>-3,683</td><td>739</td><td>-34</td><td>3,582</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>63,119</td><td>65,891</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>70,616</td><td>66,838</td><td>3,779</td><td>267</td><td>-21</td><td>-4,141</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>71,749</td><td>71,157</td><td>592</td><td>1,092</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>68,262</td><td>75,349</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>72,738</td><td>79,778</td><td>-7,040</td><td>23</td><td>-237</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><td>1960</td><td>79,518</td><td>77,565</td><td>1,953</td><td>-698</td><td>154</td><td>-581</td><td>828</td><td>6,411</td><td>290,217</td><td>156</td><td>290,373</td><td>289,971</td></tr><tr><td>Months:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1960-Jan.</td><td>4,867</td><td>6,157</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>7,237</td><td>6,142</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><tr><td>Mar.</td><td>9,580</td><td>6,423</td><td>3,157</td><td>-442</td><td>919</td><td>-3,757</td><td>-122</td><td>5,189</td><td>286,826</td><td>138</td><td>286,965</td><td>286,556</td></tr><tr><td>Apr.</td><td>5,064</td><td>6,032</td><td>-968</td><td>-137</td><td>249</td><td>1,961</td><td>1,105</td><td>6,294</td><td>288,787</td><td>132</td><td>288,919</td><td>288,511</td></tr><tr><td>May.</td><td>6,550</td><td>6,073</td><td>476</td><td>577</td><td>-416</td><td>579</td><td>1,217</td><td>7,511</td><td>289,367</td><td>133</td><td>289,500</td><td>289,093</td></tr><tr><td>June.</td><td>10,891</td><td>6,521</td><td>4,370</td><td>-420</td><td>-421</td><td>-1,036</td><td>494</td><td>8,005</td><td>286,331</td><td>140</td><td>286,471</td><td>286,065</td></tr><tr><td>July.</td><td>3,128</td><td>6,172</td><td>-3,044</td><td>-95</td><td>125</td><td>2,008</td><td>-1,006</td><td>6,998</td><td>288,338</td><td>134</td><td>288,472</td><td>288,068</td></tr><tr><td>Aug.</td><td>6,454</td><td>6,803</td><td>-349</td><td>-567</td><td>-521</td><td>334</td><td>-1,104</td><td>5,894</td><td>288,672</td><td>157</td><td>288,829</td><td>288,425</td></tr><tr><td>Sept.</td><td>8,981</td><td>6,793</td><td>2,188</td><td>-124</td><td>607</td><td>-249</td><td>2,423</td><td>8,317</td><td>288,423</td><td>161</td><td>288,584</td><td>288,181</td></tr><tr><td>Oct.</td><td>2,823</td><td>6,829</td><td>-4,006</td><td>80</td><td>217</td><td>2,063</td><td>-1,645</td><td>6,672</td><td>290,487</td><td>159</td><td>290,646</td><td>290,244</td></tr><tr><td>Nov.</td><td>6,300</td><td>6,773</td><td>-473</td><td>368</td><td>-663</td><td>-73</td><td>-841</td><td>5,831</td><td>290,414</td><td>153</td><td>290,567</td><td>290,165</td></tr><tr><td>Dec.</td><td>7,643</td><td>6,847</td><td>796</td><td>-221</td><td>202</td><td>-197</td><td>580</td><td>6,411</td><td>290,217</td><td>156</td><td>290,373</td><td>289,971</td></tr><tr><td>1961-Jan.</td><td>4,846</td><td>6,470</td><td>-1,624</td><td>-185</td><td>408</td><td>-181</td><td>-1,582</td><td>4,829</td><td>290,036</td><td>160</td><td>290,196</td><td>289,796</td></tr><tr><td>Feb.</td><td>6,537</td><td>6,236</td><td>301</td><td>712</td><td>-58</td><td>508</td><td>1,463</td><td>6,292</td><td>290,544</td><td>196</td><td>290,740</td><td>290,340</td></tr><tr><td>Mar.</td><td>8,524</td><td>7,012</td><td>1,512</td><td>-629</td><td>692</td><td>-3,072</td><td>-1,498</td><td>4,794</td><td>287,471</td><td>211</td><td>287,682</td><td>287,284</td></tr><tr><td>Apr.</td><td>5,125</td><td>6,450</td><td>-1,325</td><td>24</td><td>25</td><td>516</td><td>-761</td><td>4,034</td><td>287,987</td><td>219</td><td>288,206</td><td>287,809</td></tr><tr><td>May.</td><td>6,467</td><td>7,169</td><td>-702</td><td>49</td><td>-377</td><td>2,158</td><td>1,128</td><td>5,162</td><td>290,146</td><td>225</td><td>290,371</td><td>289,973</td></tr><tr><td>June p.</td><td>10,749</td><td>7,948</td><td>2,801</td><td>29</td><td>-123</td><td>-1,175</td><td>1,532</td><td>6,694</td><td>288,971</td><td>240</td><td>289,211</td><td>288,862</td></tr><tr><td>July.</td><td>2,982</td><td>6,322</td><td>-3,340</td><td>-66</td><td>-129</td><td>3,433</td><td>-101</td><td>6,593</td><td>292,404</td><td>239</td><td>292,643</td><td>292,199</td></tr><tr><td>Aug.</td><td>6,367</td><td>7,631</td><td>-1,265</td><td>-120</td><td>-498</td><td>1,310</td><td>-572</td><td>6,020</td><td>293,714</td><td>249</td><td>293,964</td><td>293,521</td></tr><tr><td>Sept.</td><td>8,945</td><td>6,771</td><td>2,174</td><td>44</td><td>682</td><td>35</td><td>2,936</td><td>8,956</td><td>293,750</td><td>271</td><td>294,020</td><td>293,579</td></tr><tr><td>Oct.</td><td>3,141</td><td>7,796</td><td>-4,655</td><td>-154</td><td>140</td><td>1,911</td><td>-2,759</td><td>6,197</td><td>295,660</td><td>299</td><td>295,959</td><td>295,520</td></tr><tr><td>Nov.</td><td>6,424</td><td>7,485</td><td>-1,060</td><td>317</td><td>-543</td><td>1,350</td><td>63</td><td>6,261</td><td>297,011</td><td>315</td><td>297,325</td><td>296,886</td></tr></table>
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 1964. Net increases or decreases (
Source: Actual figures through the fiscal year 1952 and the calendar year 1953 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 1962 Budget Review, released October 29, 1961, including effects of proposed legislation. More detail for data on this page will be found in succeeding tables.
1/ Fiscal year figures beginning with the September 1960 issue of the Treasury Bulletin, and calendar year figures beginning with the June 1961 issue exclude certain interfund transactions from both net budget receipts and budget expenditures (see pages II, 2, and 4). Figures previously published for these series have been revised to the new reporting basis. The change does not affect the budget surplus or deficit.
2/ Excess of receipts, or expenditures (-). For detail, see pages 9-13.
3/ 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
4/ 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 became effective are as follows: $275 billion, on June 26, 1946, $281 billion, on August 28, 1954; $278 billion, on July 1, 1956; $275 billion, on July 1, 1957; $280 billion, on February 26, 1958; $288 billion, on September 2, 1958; $290 billion, on June 30, 1959; $295 billion, on July 1, 1959; and $293 billion, on July 1, 1960. From July 1, 1961, through June 30, 1962, the limit is $298 billion. There-after it will revert to $285 billion. 5/ Transactions of the Foreign Economic Cooperation Trust Fund, established under Section 114, (f) of the Economic Cooperation Act of 1948 (62 Stat. 150), are consolidated with budget expenditures. p Preliminary. n.s. Not available.
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="3">Income taxes</th><th colspan="5">Internal revenue</th><th rowspan="2">Excise taxes 5/</th><th rowspan="2">Taxes not otherwise classified</th><th rowspan="2">Total internal revenue 9/</th><th rowspan="2">Customs</th></tr><tr><th>Corporation</th><th>Not withheld 1/</th><th>Withheld 1/</th><th>Total income taxes</th><th>For old-age and disability insurance 1/ 2/</th><th>For rail-road retirement 3/</th><th>For un-employment insurance 4/</th><th>Total employment taxes</th><th>Estate and gift taxes</th></tr><tr><td>1954.........</td><td>21,523</td><td>10,747</td><td>21,635</td><td>53,906</td><td>4,537</td><td>603</td><td>285</td><td>5,425</td><td>945</td><td>10,014</td><td>9</td><td>70,300</td><td>62</td></tr><tr><td>1955.........</td><td>18,265</td><td>10,396</td><td>21,254</td><td>49,915</td><td>5,340</td><td>600</td><td>280</td><td>6,220</td><td>936</td><td>9,211</td><td>7</td><td>66,289</td><td>66</td></tr><tr><td>1956.........</td><td>21,299</td><td>11,322</td><td>24,012</td><td>56,633</td><td>6,337</td><td>634</td><td>325</td><td>7,296</td><td>1,171</td><td>10,004</td><td>5</td><td>75,103</td><td>76</td></tr><tr><td>1957.........</td><td>21,531</td><td>12,302</td><td>26,728</td><td>60,560</td><td>6,634</td><td>616</td><td>330</td><td>7,581</td><td>1,378</td><td>10,638 5/</td><td>15</td><td>80,172</td><td>75</td></tr><tr><td>1958.........</td><td>20,533</td><td>11,528</td><td>27,041</td><td>59,102</td><td>7,733</td><td>575</td><td>336</td><td>8,044</td><td>1,411</td><td>10,814</td><td>7</td><td>79,978</td><td>80</td></tr><tr><td>1959.........</td><td>18,092</td><td>11,733</td><td>29,001</td><td>58,826</td><td>8,004</td><td>525</td><td>324</td><td>8,854</td><td>1,353</td><td>10,766</td><td>5</td><td>71,798</td><td>94</td></tr><tr><td>1960.........</td><td>22,179</td><td>13,271</td><td>31,675</td><td>67,125</td><td>10,211</td><td>607</td><td>341</td><td>11,159</td><td>1,626</td><td>11,865</td><td>-</td><td>91,775</td><td>1,123</td></tr><tr><td>1961 p.........</td><td>21,765</td><td>13,175</td><td>32,969</td><td>67,909</td><td>11,586</td><td>571</td><td>345</td><td>12,502</td><td>1,916</td><td>12,079</td><td>-</td><td>94,396</td><td>1,068</td></tr><tr><td>1962 (Est.)...</td><td>22,500</td><td>13,860</td><td>36,000</td><td>72,360</td><td>11,987</td><td>590</td><td>472</td><td>13,049</td><td>2,020</td><td>12,925</td><td>-</td><td>100,354</td><td>1,125</td></tr><tr><td>1961-Jan.........</td><td>534</td><td>2,149 7/</td><td>1,049 7/</td><td>3,732</td><td>304 7/</td><td>13</td><td>32</td><td>348</td><td>171</td><td>918</td><td>-</td><td>5,169</td><td>82</td></tr><tr><td>Feb.........</td><td>444</td><td>786</td><td>4,781</td><td>6,011</td><td>1,448</td><td>77</td><td>289</td><td>1,814</td><td>161</td><td>861</td><td>-</td><td>8,847</td><td>70</td></tr><tr><td>Mar.........</td><td>5,799</td><td>759</td><td>2,413</td><td>8,970</td><td>1,285</td><td>48</td><td>15</td><td>1,348</td><td>190</td><td>1,082</td><td>-</td><td>11,541</td><td>88</td></tr><tr><td>Apr.........</td><td>493</td><td>3,403 7/</td><td>916 7/</td><td>4,812</td><td>720 7/</td><td>14</td><td>2</td><td>736</td><td>244</td><td>831</td><td>-</td><td>6,624</td><td>73</td></tr><tr><td>May.........</td><td>411</td><td>956</td><td>4,743</td><td>6,110</td><td>1,941</td><td>77</td><td>2</td><td>2,020</td><td>187</td><td>1,072</td><td>-</td><td>9,390</td><td>85</td></tr><tr><td>June p.........</td><td>5,246</td><td>1,937 7/</td><td>2,450 7/</td><td>4,633</td><td>1,127 7/</td><td>44</td><td>1</td><td>1,173</td><td>145</td><td>1,067</td><td>-</td><td>12,618</td><td>84</td></tr><tr><td>July.........</td><td>520</td><td>265</td><td>1,235</td><td>2,000</td><td>291</td><td>14</td><td>1</td><td>306</td><td>147</td><td>975</td><td>-</td><td>3,428</td><td>91</td></tr><tr><td>Aug.........</td><td>382</td><td>161</td><td>4,654</td><td>5,197</td><td>1,736</td><td>84</td><td>1</td><td>1,821</td><td>158</td><td>1,197</td><td>-</td><td>8,373</td><td>98</td></tr><tr><td>Sept.........</td><td>3,251</td><td>2,017</td><td>2,662</td><td>7,930</td><td>828</td><td>55</td><td>1</td><td>884</td><td>148</td><td>983</td><td>-</td><td>9,945</td><td>90</td></tr><tr><td>Oct.........</td><td>408</td><td>215 7/</td><td>1,399 7/</td><td>2,021</td><td>239 7/</td><td>1</td><td>1</td><td>241</td><td>142</td><td>1,102</td><td>-</td><td>3,507</td><td>105</td></tr><tr><td>Nov.........</td><td>377</td><td>123</td><td>4,767</td><td>5,368</td><td>1,189</td><td>76</td><td>1</td><td>1,266</td><td>126</td><td>1,113</td><td>-</td><td>7,783</td><td>12</td></tr><tr><td>1962 to date.........</td><td>4,937</td><td>2,761</td><td>14,717</td><td>22,415</td><td>4,284</td><td>231</td><td>4</td><td>4,518</td><td>721</td><td>5,382</td><td>-</td><td>33,37</td><td>43</td></tr></table>
<table><tr><th>Fiscal year or month</th><th>Miscellaneous receipts 6/</th><th>Total budget receipts</th><th colspan="5">Less: Transfers of tax receipts to -</th><th colspan="4">Less: Refunds of receipts 13/</th><th>Budget receipts net of refunds and transfers to trust accounts</th><th>Less: Interfund transactions 14/</th><th>Net budget receipts 15/</th></tr><tr><th></th><th></th><th></th><th>FOASI Trust Fund 8/</th><th>Federal Disability Insurance Trust Fund 9/</th><th>Railroad Retirement Account 10/</th><th>Unemployment Trust Fund 11/</th><th>Highway Trust Fund 12/</th><th>Internal Revenue</th><th>Customs</th><th>Other</th><th>Total refunds</th><th></th><th></th><th></th></tr><tr><td>1954</td><td>2,311</td><td>73,173</td><td>4,537</td><td>-</td><td>603</td><td>-</td><td>-</td><td>3,345</td><td>20</td><td>11</td><td>3,377</td><td>64,652</td><td>235</td><td>64,421</td></tr><tr><td>1955</td><td>2,559</td><td>69,454</td><td>5,040 16/</td><td>-</td><td>599</td><td>-</td><td>-</td><td>3,400</td><td>22</td><td>4</td><td>3,426</td><td>60,390</td><td>181</td><td>60,209</td></tr><tr><td>1956</td><td>3,006</td><td>78,820</td><td>6,337</td><td>-</td><td>634</td><td>-</td><td>-</td><td>3,653</td><td>23</td><td>8</td><td>3,684</td><td>68,165</td><td>316</td><td>67,851</td></tr><tr><td>1957</td><td>2,749</td><td>83,675</td><td>6,301</td><td>333</td><td>616</td><td>-</td><td>1,479</td><td>3,894</td><td>20</td><td>3</td><td>3,917</td><td>71,029</td><td>467</td><td>70,562</td></tr><tr><td>1958</td><td>3,196</td><td>83,974</td><td>6,870</td><td>863</td><td>575</td><td>-</td><td>2,116</td><td>4,413</td><td>18</td><td>2</td><td>4,431</td><td>69,117</td><td>667</td><td>68,551</td></tr><tr><td>1959</td><td>3,158</td><td>83,904</td><td>7,158</td><td>847</td><td>525</td><td>-</td><td>2,171</td><td>4,907</td><td>23</td><td>3</td><td>4,933</td><td>68,270</td><td>365</td><td>67,911</td></tr><tr><td>1960</td><td>4,004</td><td>96,962</td><td>9,272</td><td>939</td><td>607</td><td>-</td><td>2,642</td><td>5,024</td><td>18</td><td>2</td><td>5,045</td><td>72,457</td><td>694</td><td>77,763</td></tr><tr><td>1961 p</td><td>4,001</td><td>99,405</td><td>10,623</td><td>463</td><td>571</td><td>345</td><td>2,923</td><td>5,725</td><td>25</td><td>2</td><td>5,752</td><td>78,227</td><td>663</td><td>77,578</td></tr><tr><td>1962 (Est.)</td><td>3,450</td><td>104,929</td><td>11,006</td><td>981</td><td>590</td><td>472</td><td>3,132</td><td>5,973</td><td>25</td><td>2</td><td>6,000</td><td>82,748</td><td>648</td><td>82,100</td></tr><tr><td>1961-Jan.</td><td>286</td><td>5,537</td><td>282 7/</td><td>22 7/</td><td>13</td><td>32</td><td>223</td><td>62</td><td>2</td><td>*</td><td>64</td><td>4,901</td><td>55</td><td>4,846</td></tr><tr><td>Feb.</td><td>236</td><td>9,153</td><td>1,328</td><td>120</td><td>77</td><td>285</td><td>235</td><td>528</td><td>2</td><td>*</td><td>530</td><td>6,74</td><td>36</td><td>6,537</td></tr><tr><td>Mar.</td><td>199</td><td>11,878</td><td>1,173</td><td>112</td><td>48</td><td>15</td><td>213</td><td>1,790</td><td>2</td><td>*</td><td>1,790</td><td>8,925</td><td>1</td><td>8,524</td></tr><tr><td>Apr.</td><td>662</td><td>7,359</td><td>658 7/</td><td>62 7/</td><td>14</td><td>2</td><td>201</td><td>1,292</td><td>3</td><td>1</td><td>1,290</td><td>1,126</td><td>1</td><td>5,125</td></tr><tr><td>May</td><td>292</td><td>9,767</td><td>1,784</td><td>156</td><td>77</td><td>2</td><td>237</td><td>1,032</td><td>3</td><td>*</td><td>1,036</td><td>6,473</td><td>6</td><td>6,467</td></tr><tr><td>June p</td><td>540</td><td>12,642</td><td>1,025 7/</td><td>102 7/</td><td>44</td><td>1</td><td>238</td><td>239</td><td>2</td><td>*</td><td>242</td><td>10,989</td><td>241</td><td>10,749</td></tr><tr><td>July</td><td>260</td><td>3,779</td><td>266</td><td>25</td><td>14</td><td>1</td><td>253</td><td>176</td><td>2</td><td>*</td><td>178</td><td>3,042</td><td>59</td><td>2,982</td></tr><tr><td>Aug.</td><td>242</td><td>8,713</td><td>1,589</td><td>147</td><td>84</td><td>1</td><td>273</td><td>200</td><td>3</td><td>*</td><td>203</td><td>6,416</td><td>49</td><td>6,367</td></tr><tr><td>Sept.</td><td>249</td><td>10,285</td><td>760</td><td>69</td><td>55</td><td>1</td><td>267</td><td>183</td><td>3</td><td>*</td><td>185</td><td>8,948</td><td>5</td><td>8,943</td></tr><tr><td>Oct.</td><td>198</td><td>3,811</td><td>212 7/</td><td>27 7/</td><td>1</td><td>1</td><td>258</td><td>159</td><td>3</td><td>*</td><td>162</td><td>3,149</td><td>1</td><td>3,141</td></tr><tr><td>Nov.</td><td>118</td><td>8,007</td><td>1,094</td><td>95</td><td>76</td><td>1</td><td>306</td><td>8</td><td>2</td><td>*</td><td>10</td><td>6,425</td><td>1</td><td>6,424</td></tr><tr><td>1962 to date</td><td>1,668</td><td>34,595</td><td>3,921</td><td>363</td><td>231</td><td>4</td><td>1,357</td><td>726</td><td>12</td><td>*</td><td>734</td><td>27,980</td><td>1,1</td><td>27,859</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 1962 Budget Review, released October 29, 1961, including effects of proposed legislation. The distribution of receipts between individual income taxes and old-age and disability insurance taxes is made in accordance with 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 8), and also for transfer to the Federal Disability Insurance Trust Fund (see footnote 9). Taxes on employers and employees under the Federal Insurance Contributions Act, as amended (26 U.S.C. 3101-3125), and 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.
3/ Taxes on carriers and their employees under the Railroad Retirement Tax Act, as amended (26 U.S.C. 3201-3233).
4/ Tax on employers of 4 or more 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.
5/ For further detail, see tables under "Internal Revenue Collections." Beginning 1957, includes collections under increased rates in the Highway revenue: Act of 1956 (see footnote 12). 
Remaining footnotes on following page.
December 1961
3
BUDGET RECEIPTS AND EXPENDITURES
Table 2.- Detail of Miscellaneous Receipts by Major Categories
(In millions of dollars)
<table><tr><th>Fiscal year or month</th><th>Total</th><th>Interest</th><th>Dividends and other earnings</th><th>Realization upon loans and investments</th><th>Recoveries and refunds</th><th>Sale of Government property</th><th>Sale of products</th><th>Sign-orage</th><th>Fees for permits and licenses</th><th>Fees and other charges for services, etc.</th><th>Rents</th><th>Royalties</th><th>Fines, penalties, and forfeitures</th><th>Other 1/2</th><th>Adjustment to monthly statement</th></tr><tr><td>1954</td><td>2,311</td><td>458</td><td>361</td><td>240</td><td>323</td><td>221</td><td>221</td><td>73</td><td>4</td><td>208</td><td>83</td><td>59</td><td>13</td><td>5</td><td>-</td></tr><tr><td>1955</td><td>2,559</td><td>408</td><td>252</td><td>274</td><td>410</td><td>363</td><td>253</td><td>29</td><td>47</td><td>225</td><td>12</td><td>66</td><td>15</td><td>5</td><td>-</td></tr><tr><td>1956</td><td>3,000</td><td>554</td><td>291</td><td>296</td><td>471</td><td>480</td><td>313</td><td>23</td><td>49</td><td>194</td><td>194</td><td>69</td><td>66</td><td>5</td><td>-</td></tr><tr><td>1957</td><td>2,749</td><td>628</td><td>438</td><td>328</td><td>266</td><td>387</td><td>312</td><td>49</td><td>49</td><td>160</td><td>28</td><td>79</td><td>20</td><td>6</td><td>-</td></tr><tr><td>1958</td><td>3,196</td><td>745</td><td>674</td><td>328</td><td>322</td><td>345</td><td>304</td><td>59</td><td>53</td><td>161</td><td>86</td><td>90</td><td>3</td><td>5</td><td>-</td></tr><tr><td>1959</td><td>3,158</td><td>601</td><td>506</td><td>587</td><td>343</td><td>325</td><td>350</td><td>44</td><td>54</td><td>133</td><td>93</td><td>93</td><td>23</td><td>8</td><td>-</td></tr><tr><td>1960</td><td>4,064</td><td>967</td><td>1,111</td><td>436</td><td>114</td><td>392</td><td>374</td><td>53</td><td>57</td><td>111</td><td>325</td><td>96</td><td>16</td><td>12</td><td>-</td></tr><tr><td>1961 p.</td><td>4,001</td><td>936</td><td>805</td><td>1,007</td><td>179</td><td>289</td><td>376</td><td>55</td><td>78</td><td>96</td><td>90</td><td>69</td><td>13</td><td>11</td><td>-3</td></tr><tr><td>1962 (Est.)</td><td>3,450</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><td>n.a.</td><td>n.a.</td><td>n.a.</td></tr><tr><td>1961-Jan.</td><td>286</td><td>73</td><td>67</td><td>55</td><td>12</td><td>21</td><td>26</td><td>2</td><td>3</td><td>8</td><td>7</td><td>9</td><td>2</td><td>1</td><td>*</td></tr><tr><td>Feb.</td><td>236</td><td>37</td><td>53</td><td>41</td><td>9</td><td>12</td><td>41</td><td>3</td><td>20</td><td>11</td><td>7</td><td>-2</td><td>2</td><td>2</td><td>*</td></tr><tr><td>Mar.</td><td>199</td><td>3</td><td>51</td><td>35</td><td>22</td><td>25</td><td>24</td><td>4</td><td>6</td><td>7</td><td>9</td><td>11</td><td>1</td><td>1</td><td>*</td></tr><tr><td>Apr.</td><td>662</td><td>6</td><td>56</td><td>517</td><td>9</td><td>14</td><td>23</td><td>6</td><td>6</td><td>8</td><td>8</td><td>8</td><td>1</td><td>1</td><td>*</td></tr><tr><td>May.</td><td>292</td><td>11</td><td>61</td><td>102</td><td>10</td><td>27</td><td>29</td><td>8</td><td>15</td><td>11</td><td>7</td><td>10</td><td>1</td><td>1</td><td>*</td></tr><tr><td>June p.</td><td>540</td><td>311</td><td>61</td><td>-10</td><td>46</td><td>38</td><td>61</td><td>4</td><td>5</td><td>7</td><td>7</td><td>10</td><td>1</td><td>1</td><td>-3</td></tr><tr><td>July</td><td>260</td><td>70</td><td>63</td><td>58</td><td>10</td><td>12</td><td>19</td><td>3</td><td>4</td><td>6</td><td>6</td><td>8</td><td>*</td><td>*</td><td>*</td></tr><tr><td>Aug.</td><td>242</td><td>51</td><td>60</td><td>33</td><td>11</td><td>20</td><td>55</td><td>8</td><td>5</td><td>7</td><td>6</td><td>-17</td><td>1</td><td>2</td><td>*</td></tr><tr><td>Sept.</td><td>249</td><td>7</td><td>63</td><td>93</td><td>6</td><td>26</td><td>21</td><td>7</td><td>3</td><td>7</td><td>4</td><td>9</td><td>1</td><td>4</td><td>*</td></tr><tr><td>Oct.</td><td>198</td><td>7</td><td>58</td><td>37</td><td>5</td><td>25</td><td>23</td><td>9</td><td>4</td><td>11</td><td>6</td><td>9</td><td>2</td><td>2</td><td>*</td></tr><tr><td>1962 to date</td><td>949</td><td>135</td><td>244</td><td>222</td><td>32</td><td>83</td><td>118</td><td>26</td><td>17</td><td>31</td><td>23</td><td>9</td><td>4</td><td>7</td><td>*</td></tr></table>
Source: Actual figures are from reports to the Treasury Department by disbursing officers and administrative agencies, on the monthly statement reporting basis (see page II); estimates are from the 1962 Budget Review, released October 29, 1961, including effects of proposed legislation.
Consists of miscellaneous taxes (principally the tonnage tax on foreign vessels entering U. S. ports), bullion charges, and gifts and contributions.
2/ Difference between the total shown in the monthly statement of receipts and expenditures of the Government (based on preliminary reports) and that from final accounts of disbursing officers.
* Less then $500,000.
p. Preliminary.
n.a. Not available.
Footnotes to Table 1 - (Continued
6/ In the 1962 Budget document, Special Analysis G, taxes n.t. otherwise classified are included in miscellaneous receipts.
2/ Figures shown include(see footnote 8) decreases in income tax withheld of $8.4 million in January, $8 million in April, $170 million in June, and increase of $109 million in October, and decreases in income tax not withheld of $7 million in January, $7 million in April, $6 million in June, and $2 million in October; increases in transfers to Federal Old-Age and Survivors Insurance Trust Fund of $86 million in January, $8 million in April, $162 million in June, and decrease of $105 million in October, and increases to Federal Disability Insurance Trust Fund of $4 million in January, $3 million in April, $15 million in June, and decrease of $2 million in October.
8/ 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. Amounts transferred currently for appropriation to the trust fund are based on estimates of old-age insurance tax receipts made by the Secretary of the Treasury (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.
9/ The Federal Disability Insurance Trust Fund was 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 applicable to the Federal Disability Insurance Trust Fund as the increase being applicable to wages paid and taxable for years beginning after December 31, 1956.
10/ 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 (49 Stat. 312 and 66 Stat. 371) and transfers are made currently. Figure for 1949
The Employment Security Act of 1960, approved September 13, 1960 (74 Stat. 970) established in the Unemployment Trust Fund an administration account, and appropriated for credit to that account, beginning with the fiscal year 1961, amounts equivalent to taxes collected and deposited under the Federal Unemployment Tax Act. The tax receipts are transferred currently on the basis of estimates by the Secretary of the Treasury, with later adjustments as necessary. From that account are to be paid the administrative expenses of the employment security program. Previously the corresponding amounts were included, respectively, in budget receipts and budget expenditures. Refunds of taxes are to be reimbursed from the administration account. The Highway Revenue Act of 1956, approved June 29, 1956 (23 U.S.C. 124, Note) 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 vehicles, tires and tubes, and use of certain vehicles, and provided that the amounts of receipts 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 tax was imposed by the act and rates were increased for the other taxes. Previous to the fiscal year 1957 corresponding excise tax receipts were included in budget receipts and Federal-aid highway expenditures were included in budget expenditures. Interest on refunds is included in expenditures in Table 3. For content, see Table 4. These transactions are included in the details of both budget receipts and budget expenditures, but are deducted from the totals (see Reporting Boards, p. II). Figures in this column differ from those published under the heading "Prior to the September 14th Treasury Bulletin" because of the exclusion of certain in-earnings transactions (see footnote 14). Transfers reduced by $34,1 million - greater than the earlier or previous estimate of $34,1 million (p. 8). Less than $1,0 million (p. Preliminary).
4
Treasury Bulletin
BUDGET RECEIPTS AND EXPENDITURES
Table 3. - Expenditures by Agencies
(in millions of dollars)
<table><tr><th>Fiscal year or month</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><th>Defense Department: Military</th><th>Defense Department: Civil function</th></tr><tr><td>1954</td><td>59</td><td>28</td><td>9</td><td>5,282</td><td>6,473 1/2</td><td>80</td><td>-615</td><td>2,915</td><td>1,000</td><td>41,336</td><td>607</td></tr><tr><td>1955</td><td>65</td><td>30</td><td>9</td><td>4,381</td><td>6,791</td><td>973</td><td>129</td><td>4,636</td><td>1,777</td><td>35,532</td><td>548</td></tr><tr><td>1956</td><td>85</td><td>37</td><td>10</td><td>4,773</td><td>6,882</td><td>523</td><td>39</td><td>5,177</td><td>1,293</td><td>35,791</td><td>573</td></tr><tr><td>1957</td><td>97</td><td>39</td><td>10</td><td>4,115</td><td>7,707 2/2</td><td>570</td><td>-23</td><td>5,006</td><td>1,662</td><td>38,339</td><td>634</td></tr><tr><td>1958</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>644</td><td>39,662</td><td>733</td></tr><tr><td>1959</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><td>41,233</td><td>877</td></tr><tr><td>1960</td><td>126</td><td>49</td><td>56</td><td>1,764 1/2</td><td>9,007</td><td>408</td><td>309</td><td>5,419</td><td>534</td><td>41,824</td><td>926</td></tr><tr><td>1961 p.</td><td>134</td><td>52</td><td>70</td><td>1,795</td><td>10,278</td><td>387</td><td>498</td><td>5,954</td><td>498</td><td>44,651</td><td>471</td></tr><tr><td>1961 (Est.)</td><td>152</td><td>59</td><td>27</td><td>2,014</td><td>11,055</td><td>485</td><td>920</td><td>7,255</td><td>636</td><td>48,350</td><td>1,022</td></tr><tr><td>1961-January</td><td>9</td><td>4</td><td>9</td><td>175</td><td>807</td><td>29</td><td>48</td><td>485</td><td>-25</td><td>3,497</td><td>73</td></tr><tr><td>February</td><td>10</td><td>4</td><td>6</td><td>155</td><td>862</td><td>30</td><td>24</td><td>157</td><td>43</td><td>3,550</td><td>65</td></tr><tr><td>March</td><td>10</td><td>4</td><td>6</td><td>172</td><td>921</td><td>41</td><td>62</td><td>240</td><td>35</td><td>4,643</td><td>67</td></tr><tr><td>April</td><td>8</td><td>4</td><td>5</td><td>166</td><td>900</td><td>28</td><td>30</td><td>431</td><td>24</td><td>3,526</td><td>67</td></tr><tr><td>May</td><td>12</td><td>5</td><td>6</td><td>155</td><td>899</td><td>33</td><td>39</td><td>601</td><td>26</td><td>3,891</td><td>74</td></tr><tr><td>June p.</td><td>14</td><td>5</td><td>6</td><td>130</td><td>908</td><td>48</td><td>31</td><td>780</td><td>31</td><td>4,342</td><td>117</td></tr><tr><td>July</td><td>12</td><td>4</td><td>6</td><td>121</td><td>836</td><td>24</td><td>107</td><td>520</td><td>66</td><td>3,205</td><td>64</td></tr><tr><td>August</td><td>16</td><td>4</td><td>7</td><td>153</td><td>1,105</td><td>40</td><td>64</td><td>763</td><td>43</td><td>3,868</td><td>98</td></tr><tr><td>September</td><td>10</td><td>4</td><td>3</td><td>157</td><td>863</td><td>43</td><td>14</td><td>482</td><td>43</td><td>3,647</td><td>92</td></tr><tr><td>October</td><td>13</td><td>5</td><td>-1</td><td>114</td><td>963</td><td>36</td><td>128</td><td>989</td><td>61</td><td>3,837</td><td>91</td></tr><tr><td>November</td><td>14</td><td>4</td><td>2</td><td>161</td><td>946</td><td>32</td><td>118</td><td>539</td><td>-4</td><td>4,334</td><td>65</td></tr><tr><td>1962 to date</td><td>65</td><td>1</td><td>17</td><td>706</td><td>4,713</td><td>175</td><td>31</td><td>2,433</td><td>211</td><td>18,332</td><td>412</td></tr></table>
<table><tr><th>Fiscal year or month</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 colspan="3">Treasury Department</th><th>District of Columbia 2/</th><th>Total 5 agencies</th><th>Less: Interfund transfers 8/</th><th>Total budget expenditures 1/</th></tr><tr><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th>On public debt 6/</th><th>On refunds of taxes</th><th>Other</th><th></th><th></th><th></th><th></th></tr><tr><td>1954</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><td>67,772</td><td>235</td><td>67,537</td></tr><tr><td>1955</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><td>64,570</td><td>151</td><td>63,334</td></tr><tr><td>1956</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>871</td><td>22</td><td>64,746</td><td>314</td><td>64,224</td></tr><tr><td>1957</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><td>69,433 2/</td><td>460</td><td>68,900</td></tr><tr><td>1958</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><td>71,936</td><td>567</td><td>71,369</td></tr><tr><td>1959</td><td>3,038</td><td>751</td><td>250</td><td>1,016</td><td>774</td><td>272</td><td>7,593</td><td>69</td><td>2,178 1/</td><td>31</td><td>80,647</td><td>31</td><td>80,332</td></tr><tr><td>1960</td><td>3,030</td><td>690</td><td>258</td><td>549</td><td>525</td><td>247</td><td>9,180</td><td>76</td><td>875</td><td>28</td><td>77,633</td><td>0</td><td>77,633</td></tr><tr><td>1961 p.</td><td>3,685</td><td>801</td><td>284</td><td>831 11/</td><td>929</td><td>253</td><td>8,462</td><td>83</td><td>987 10/</td><td>50</td><td>8,112 10/</td><td>0</td><td>8,112 10/</td></tr><tr><td>1962 (Est.)</td><td>4,471</td><td>869</td><td>295</td><td>562</td><td>814</td><td>330</td><td>8,900</td><td>83</td><td>1,154</td><td>81</td><td>89,633 11/</td><td>648</td><td>88,485 12/</td></tr><tr><td>1961-January</td><td>338</td><td>60</td><td>23</td><td>58</td><td>14</td><td>23</td><td>775</td><td>4</td><td>74</td><td>-</td><td>6,124</td><td>55</td><td>6,070</td></tr><tr><td>February</td><td>326</td><td>65</td><td>22</td><td>49</td><td>96</td><td>3</td><td>719</td><td>6</td><td>74</td><td>-</td><td>6,272</td><td>21</td><td>6,250</td></tr><tr><td>March</td><td>315</td><td>69</td><td>29</td><td>69</td><td>82</td><td>21</td><td>726</td><td>10</td><td>93</td><td>1</td><td>7,13</td><td>1</td><td>7,12</td></tr><tr><td>April</td><td>308</td><td>55</td><td>23</td><td>-114</td><td>138</td><td>15</td><td>722</td><td>8</td><td>78</td><td>1</td><td>6,451</td><td>1</td><td>6,451</td></tr><tr><td>May</td><td>307</td><td>60</td><td>24</td><td>140</td><td>82</td><td>15</td><td>717</td><td>5</td><td>63</td><td>2</td><td>7,175</td><td>6</td><td>7,169</td></tr><tr><td>June p.</td><td>338</td><td>67</td><td>23</td><td>333</td><td>135</td><td>21</td><td>763</td><td>7</td><td>79</td><td>10</td><td>8,188</td><td>241</td><td>7,948</td></tr><tr><td>July</td><td>325</td><td>66</td><td>23</td><td>50</td><td>7</td><td>80</td><td>765</td><td>8</td><td>74</td><td>0</td><td>6,381</td><td>49</td><td>6,322</td></tr><tr><td>August</td><td>418</td><td>101</td><td>25</td><td>78</td><td>93</td><td>25</td><td>730</td><td>9</td><td>91</td><td>3</td><td>7,681</td><td>43</td><td>7,631</td></tr><tr><td>September</td><td>313</td><td>92</td><td>29</td><td>53</td><td>87</td><td>20</td><td>727</td><td>9</td><td>77</td><td>9</td><td>6,774</td><td>3</td><td>6,771</td></tr><tr><td>October</td><td>361</td><td>88</td><td>22</td><td>74</td><td>29</td><td>39</td><td>713</td><td>5</td><td>225</td><td>2</td><td>7,805</td><td>4</td><td>7,799</td></tr><tr><td>November</td><td>339</td><td>74</td><td>22</td><td>125</td><td>46</td><td>18</td><td>740</td><td>4</td><td>123</td><td>4</td><td>7,485</td><td>1</td><td>7,483</td></tr><tr><td>1962 to date</td><td>1,755</td><td>447</td><td>121</td><td>380</td><td>262</td><td>183</td><td>7,675</td><td>43</td><td>590</td><td>39</td><td>36,120</td><td>121</td><td>35,000</td></tr></table>
Sources: 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 1962 Budget Review, released October 29, 1961, including effects of prop sed legislation. Note: Figures in this table are for agencies as constituted at the time the expenditure were made, and therefore do not necessarily represent functions which are comparable over a period of time. For expenditures by function on a consistent basis, see Table 6. Agency shifts are reflected in this table as follows: Beginning 1957, Federal Housing Finance Board from "Housing and Home Finance Agency" to "Independent Civilian" and Reconstruction Finance Corporation as indicated in footnote 1; beginning 1957, A.A. and R. ad Construction from "Interior Department" to "Commerce Department," and Federal intermediate credit bank and production credit corporations as indicated in footnote 2; beginning 1957, Federal Facilities Corporation (maintaining function) from "Treasury Department" to "General Services Administration," and Internal Revenue 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 Aviation Board from "Commerce Department" to "Independent offices"; including 1960, military activities from "Funds appropriated to the President" to "Defense
Department, military," pursuant to budgeting instructions in the Mutual Security Act of 1959, approved July 24, 1959 (22 U.S.C. 1813). 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. Effective January 1, 1957, the production credit corporations were merged in 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 bank and its corporations, respectively, were classified as public enterprise funds and were included net in budget expenditures. Beginning 1957, Federal aid for highways is excluded from budget expenditures and included in trust account expenditures (see Table 1). Remaining for the cost of this page.
December 1961
5
BUDGET RECEIPTS AND EXPENDITURES
Table 4.- Interfund Transactions Excluded from Both Net Budget Receipts and Budget Expenditures
(In millions of dollars)
<table><tr><th>Fiscal year or month</th><th>Total</th><th colspan="10">Interest payments to the Treasury 1/</th><th>Reimbursement by Panama Canal Company 7/</th><th>Federal intermediate credit banks' franchise tax 8/</th><th>Charities for audits of various agencies</th></tr><tr><th></th><th></th><th>Total interest</th><th>Commodity Credit Corp.</th><th>Export-Import Bank of Washington 2/</th><th>Housing and Home Finance Agency 3/</th><th>Panama Canal Company</th><th>Small Business Admin.</th><th>Tennessee Valley Authority</th><th>Veterans' Administration 4/</th><th>Under Defense Production Act 5/</th><th>Other 6/</th><th></th><th></th><th></th></tr><tr><td>1954.</td><td>235</td><td>228</td><td>91</td><td>28</td><td>82</td><td>7</td><td>*</td><td>1</td><td>4</td><td>8</td><td>8</td><td>6</td><td>*</td><td>1</td></tr><tr><td>1955.</td><td>181</td><td>173</td><td>60</td><td>26</td><td>51</td><td>11</td><td>*</td><td>1</td><td>6</td><td>15</td><td>3</td><td>7</td><td>*</td><td>1</td></tr><tr><td>1956.</td><td>315</td><td>297</td><td>175</td><td>25</td><td>48</td><td>17</td><td>1</td><td>*</td><td>8</td><td>20</td><td>3</td><td>17</td><td>*</td><td>1</td></tr><tr><td>1957.</td><td>467</td><td>456</td><td>340</td><td>24</td><td>47</td><td>6</td><td>1</td><td>-</td><td>10</td><td>24</td><td>3</td><td>10</td><td>*</td><td>1</td></tr><tr><td>1958.</td><td>567</td><td>557</td><td>421</td><td>31</td><td>45</td><td>11</td><td>3</td><td>-</td><td>14</td><td>30</td><td>4</td><td>9</td><td>-</td><td>1</td></tr><tr><td>1959.</td><td>355</td><td>342</td><td>181</td><td>41</td><td>39</td><td>9</td><td>7</td><td>-</td><td>19</td><td>42</td><td>4</td><td>12</td><td>-</td><td>1</td></tr><tr><td>1960.</td><td>694</td><td>682</td><td>465</td><td>46</td><td>90</td><td>9</td><td>7</td><td>-</td><td>23</td><td>35</td><td>7</td><td>11</td><td>-</td><td>1</td></tr><tr><td>1961 p.</td><td>649</td><td>638</td><td>410</td><td>43</td><td>118</td><td>7</td><td>15</td><td>-</td><td>32</td><td>6</td><td>8</td><td>10</td><td>-</td><td>1</td></tr><tr><td>1962 (Est.)</td><td>648</td><td>634</td><td>343</td><td>43</td><td>155</td><td>9</td><td>14</td><td>-</td><td>43</td><td>17</td><td>9</td><td>13</td><td>-</td><td>1</td></tr><tr><td>1961-January</td><td>55</td><td>55</td><td>*</td><td>*</td><td>52</td><td>*</td><td>-</td><td>-</td><td>-</td><td>1</td><td>2</td><td>-</td><td>-</td><td>*</td></tr><tr><td>February.</td><td>36</td><td>33</td><td>*</td><td>*</td><td>13</td><td>2</td><td>-</td><td>-</td><td>17</td><td>*</td><td>*</td><td>3</td><td>-</td><td>*</td></tr><tr><td>March.</td><td>1</td><td>1</td><td>*</td><td>*</td><td>*</td><td>-</td><td>-</td><td>-</td><td>-</td><td>*</td><td>*</td><td>-</td><td>-</td><td>*</td></tr><tr><td>April.</td><td>1</td><td>1</td><td>-</td><td>*</td><td>*</td><td>*</td><td>-</td><td>-</td><td>-</td><td>*</td><td>*</td><td>-</td><td>-</td><td>*</td></tr><tr><td>May.</td><td>6</td><td>3</td><td>-</td><td>*</td><td>*</td><td>2</td><td>-</td><td>-</td><td>-</td><td>*</td><td>*</td><td>3</td><td>-</td><td>*</td></tr><tr><td>June p.</td><td>240</td><td>240</td><td>217</td><td>21</td><td>*</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1</td><td>1</td><td>-</td><td>-</td><td>*</td></tr><tr><td>July.</td><td>59</td><td>59</td><td>*</td><td>*</td><td>56</td><td>-</td><td>-</td><td>-</td><td>-</td><td>4</td><td>*</td><td>-</td><td>-</td><td>*</td></tr><tr><td>August.</td><td>49</td><td>49</td><td>*</td><td>*</td><td>14</td><td>-</td><td>14</td><td>-</td><td>19</td><td>*</td><td>1</td><td>-</td><td>-</td><td>*</td></tr><tr><td>September.</td><td>3</td><td>3</td><td>1</td><td>*</td><td>*</td><td>-</td><td>-</td><td>-</td><td>-</td><td>*</td><td>1</td><td>-</td><td>-</td><td>*</td></tr><tr><td>October.</td><td>9</td><td>5</td><td>*</td><td>*</td><td>*</td><td>3</td><td>-</td><td>-</td><td>-</td><td>*</td><td>2</td><td>4</td><td>-</td><td>-</td></tr><tr><td>November.</td><td>1</td><td>1</td><td>*</td><td>*</td><td>*</td><td>-</td><td>-</td><td>-</td><td>-</td><td>*</td><td>*</td><td>-</td><td>-</td><td>-</td></tr><tr><td>1962 to date.</td><td>121</td><td>117</td><td><</td><td>*</td><td>71</td><td>3</td><td>14</td><td>-</td><td>19</td><td>4</td><td>4</td><td>4</td><td>-</td><td>-</td></tr></table>
Source: See Table
1/ By Government agencies operated as revolving funds; on loans (see "Debt Outstanding," Table 6) and other interest-bearing U. S. investments.
2/ Excludes transactions under Defense Production Act.
3/ Consists of payments by: Office of the Administrator for college housing, urban renewal, prefabricated housing loans through 1955, and public facility loans beginning 1957; Federal National Mortgage Association; Public Housing Administration; and Federal Housing Administration in 1954.
4/ Direct loan program.
5/ By various agencies for programs under the Defense Production Act.
6/ Consists of payments by: Reconstruction Finance Corporation through
1955; Colorado River Dam Fund, Boulder Canyon project; Virgin Islands Corporation; Bureau of Federal Credit Unions beginning 1954; Civil Defense Program Fund beginning 1954; Farm Tenant Mortgage Insurance Fund (Farmers' Home Administration) beginning 1956; Informational Media Guaranty Fund beginning 1959; Federal Ship Mortgage Insurance Fund beginning 1960; and St. Lawrence Seaway Development Corporation beginning 1960.
7/ For net cost of Canal Zone Government, less tolls on Government vessels and for part of treaty payment for use of Canal Zone.
8/ Realization on the Government's investment.
* Less than $500,000.
p Preliminary.
Footnotes to Table 3.- (Continued)
4. The 1960 figures in the Bulletin differ from those in the 1962 Budget document because of a reclassification in the latter by which the President's special international program in the amount of $7 million is shifted from "Funds appropriated to the President" to "Independent Offices."
5. From 1955 through 1959, consists of net expenditures of the Postal Fund, reflecting the change in classification of Post Office transactions to a public enterprise revolving fund basis.
6. Reported on an accrual basis effective June 30, 1955.
7. Consists of Federal payment and loans and advances.
8. For content, see Table 4. These transactions are included in the detail of both budget receipts and budget expenditures, but are deducted from the totals (see Reporting Bases, p. II).
9. Figures in this column differ from those published under the same caption prior to the September 1960 Treasury Bulletin because of the exclusion of certain interfund transactions (see footnote 8).
10. Includes payments of United States subscriptions to three international financial organizations. In June 1959, pursuant to an act approved June 17, 1959 (22 U.S.C. 286e), an additional $1,375 million was paid to the International Monetary Fund consisting of $34.4 million in gold (see "Monetary Statistics," Table 3) and $1,031 million in special notes.
To the Inter-American Development Bank, as authorized by an act approved August 7, 1959 (22 U.S.C. 283e), there were paid in September 1959, $0.5 million, in June 1960, $79.7 million, and in October 1961, $110 million which included $25 million of special notes. In November 1960, as authorized by an act approved June 30, 1960 (22 U.S.C. 284e), there was paid to the International Development Association $74 million, of which $38 million was in special notes. The special notes of the United States issued to these organizations are nonnegotiable and noninterest-bearing and are payable on demand. See also "Debt Outstanding," Table 1, and "Cash Income and Outgo," Table 6.
12 Beginning with the fiscal year 1961, administrative expenses of the employment security program are handled as trust account expenditure. Instead of budget "expenditure," pursuant to the Employment Security Act of 1960, approved September 13, 1960 (74 Stat. 970); see Table 1, footnote 11.
13 Includes unclassified expenditure transfers until those have been distributed in final fiscal year figures.
13 Total includes allowance for contingencies of $100 million.
14 Less than $100,000.
p Preliminary.
6
Treasury Bulletin
BUDGET RECEIPTS AND EXPENDITURES
Table 5.- Summary of Appropriations and Authorizations, Expenditures, and Balances, by Agencies as of October 31, 1961
(In millions of dollars; negative figures are deductions in the columns in which they appear)
<table><tr><th>Agency</th><th>Unexpended balances brought forward July 1, 1961 1/2/</th><th colspan="4">Additions, fiscal year 1962 to date</th><th>Transfers, borrowings, investments 6/</th></tr><tr><th></th><th></th><th>Appropriations 2/</th><th>Authorizations to spend from debt receipts 4/</th><th>Other authorizations 5/</th><th>Total</th><th></th></tr><tr><td>Legislative Branch</td><td>113</td><td>137</td><td>-</td><td>-8</td><td>120</td><td>-</td></tr><tr><td>The Judiciary</td><td>4</td><td>58</td><td>-</td><td>-</td><td>58</td><td>-</td></tr><tr><td>Executive Office of the President</td><td>44</td><td>37</td><td>-</td><td>-</td><td>37</td><td>-29</td></tr><tr><td>Funds appropriated to the President</td><td>3,746</td><td>2,373</td><td>-</td><td>-</td><td>2,373</td><td>*</td></tr><tr><td>Independent offices</td><td>14,295</td><td>11,023</td><td>500</td><td>-60</td><td>11,463</td><td>*</td></tr><tr><td>General Services Administration</td><td>389</td><td>587</td><td>-</td><td>-</td><td>587</td><td>*</td></tr><tr><td>Housing and Home Finance Agency</td><td>12,846</td><td>555</td><td>359</td><td>-200</td><td>714</td><td>*</td></tr><tr><td>Agriculture Department</td><td>5,184</td><td>4,765</td><td>734</td><td>5</td><td>5,504</td><td>-</td></tr><tr><td>Commerce Department</td><td>971</td><td>793</td><td>-</td><td>17</td><td>810</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>28,584</td><td>47,705</td><td>-</td><td>-</td><td>47,705</td><td>29</td></tr><tr><td>Military assistance</td><td>2,598</td><td>1,600</td><td>-</td><td>-</td><td>1,600</td><td>-</td></tr><tr><td>Civil functions</td><td>375</td><td>1,010</td><td>-</td><td>-</td><td>1,010</td><td>-2</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>1,479</td><td>4,035</td><td>-</td><td>-1</td><td>4,035</td><td>-</td></tr><tr><td>Interior Department</td><td>440</td><td>873</td><td>10</td><td>-</td><td>882</td><td>-</td></tr><tr><td>Justice Department</td><td>38</td><td>295</td><td>-</td><td>-</td><td>295</td><td>-</td></tr><tr><td>Labor Department</td><td>231</td><td>632</td><td>-</td><td>-</td><td>632</td><td>-</td></tr><tr><td>Post Office Department</td><td>333</td><td>875</td><td>-</td><td>-</td><td>875</td><td>-</td></tr><tr><td>State Department</td><td>131</td><td>282</td><td>-</td><td>-</td><td>282</td><td>-</td></tr><tr><td>Treasury Department</td><td>6,309</td><td>10,151</td><td>-</td><td>-</td><td>10,151</td><td>-</td></tr><tr><td>District of Columbia</td><td>111</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>78,220</td><td>87,848</td><td>1,602</td><td>-246</td><td>89,204</td><td>-</td></tr></table>
<table><tr><th>Agency</th><th colspan="2">Deductions, fiscal year 1962 to date</th><th colspan="4">Unexpended balances October 31, 1961</th><th>Total</th></tr><tr><th></th><th>Expenditures</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></th></tr><tr><td>Legislative Branch</td><td>51</td><td>2</td><td>161</td><td>-</td><td>27</td><td>-</td><td>188</td></tr><tr><td>The Judiciary</td><td>17</td><td>-</td><td>44</td><td>-</td><td>-</td><td>-</td><td>44</td></tr><tr><td>Executive Office of the President</td><td>15</td><td>-</td><td>37</td><td>-</td><td>-</td><td>-</td><td>17</td></tr><tr><td>Funds appropriated to the President</td><td>545</td><td>-</td><td>5,252</td><td>322</td><td>-</td><td>-</td><td>1,711</td></tr><tr><td>Independent offices</td><td>3,767</td><td>32</td><td>11,589</td><td>9,749</td><td>58</td><td>563</td><td>21,259</td></tr><tr><td>General Services Administration</td><td>143</td><td>4</td><td>829</td><td>-</td><td>-</td><td>-</td><td>8,9</td></tr><tr><td>Housing and Home Finance Agency</td><td>313</td><td>46</td><td>796</td><td>8,164</td><td>3,393</td><td>848</td><td>13,200</td></tr><tr><td>Agriculture Department</td><td>2,754</td><td>6</td><td>3,051</td><td>4,827</td><td>51</td><td>-</td><td>7,929</td></tr><tr><td>Commerce Department</td><td>213</td><td>1</td><td>1,015</td><td>300</td><td>251</td><td>-</td><td>1,667</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>14,301</td><td>-</td><td>62,017</td><td>-</td><td>-</td><td>-</td><td>6,017</td></tr><tr><td>Military assistance</td><td>202</td><td>-</td><td>3,996</td><td>-</td><td>-</td><td>-</td><td>3,996</td></tr><tr><td>civil functions</td><td>354</td><td>-</td><td>1,019</td><td>10</td><td>-</td><td>-</td><td>1,029</td></tr><tr><td>Undistributed foreign transactions</td><td>*</td><td>-</td><td>*</td><td>*</td><td>*</td><td>*</td><td>*</td></tr><tr><td>Health, Education, and Welfare Department</td><td>1,416</td><td>-</td><td>4,098</td><td>-</td><td>85</td><td>-</td><td>4,008</td></tr><tr><td>Interior Department</td><td>352</td><td>-</td><td>877</td><td>10</td><td>-</td><td>-</td><td>172</td></tr><tr><td>Justice Department</td><td>99</td><td>-</td><td>234</td><td>-</td><td>-</td><td>-</td><td>234</td></tr><tr><td>Labor Department</td><td>255</td><td>-</td><td>607</td><td>-</td><td>-</td><td>-</td><td>607</td></tr><tr><td>Post Office Department</td><td>216</td><td>-</td><td>993</td><td>-</td><td>-</td><td>-</td><td>993</td></tr><tr><td>State Department</td><td>165</td><td>-</td><td>249</td><td>-</td><td>-</td><td>-</td><td>249</td></tr><tr><td>Treasury Department</td><td>3,433</td><td>1</td><td>7,001</td><td>9,965</td><td>-</td><td>-</td><td>1,391</td></tr><tr><td>District of Columbia - Federal contribution and loans</td><td>35</td><td>8</td><td>130</td><td>-</td><td>-</td><td>-</td><td>130</td></tr><tr><td>Unclassified expenditure transfers</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Adjustment to monthly statement of receipts and expenditures of the Government</td><td>-7 2/</td><td>-</td><td>7</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total</td><td>28,640</td><td>101</td><td>104,061</td><td>29,346</td><td>3,864</td><td>1,111</td><td>148,691</td></tr><tr><td>Deduct interest and other payments by Government agencies to Treasury included above which are also included in budget receipts</td><td>1.0</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total budget expenditures</td><td>28,520</td><td></td><td></td><td></td><td></td><td></td><td></td></tr></table>
Source: Bureau of Accounts. Details for the current fiscal year's date are shown in Bureau of Accounts report "Budgetary Appropriations and Other Authorizations, Expenditures and Unexpended Balances." Includes same categories as shown at end of current period. 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. Includes reappropriations. Consists of authorizations by law for Government-owned enterprises * borrow (1) from the Treasury (to expend from public debt receipts). (2) from the public (to expend from debt receipts). Consists of new contract authorizations, established by law for the current fiscal year, not of current appropriations, * liquidate either current or prior contract authorizations. Consists of transfers between appropriations; net borrowings from
2/ Includes "run for" (-), or restorations from (-), the surplus fund; rescissions, cancellations, or adjustments of borrowing authority and grant authority; capital transfers to miscellaneous receipts; and other adjustments.
3/ Pub is debt securities and certain guaranteed securities issued by Government enterprises.
3/ This adjustment represents the difference between this report based on accounts submitted by certain disbursing officers and corresponding preliminary data used in the Monthly Treasury Statement.
* Less than $100,00.
December 1961
7
BUDGET RECEIPTS AND EXPENDITURES
Table 6.- Expenditures and Balances by Functions
(Fiscal years; in millions of dollars)
<table><tr><th>Function</th><th>Function code number</th><th>1957</th><th>1958</th><th>1959</th><th>1960</th><th>1961 p</th><th>1962 through October 15/ Expenditures</th><th>Unexpended balances end of period 1/</th></tr><tr><td colspan="9">Major national security:</td></tr><tr><td>Military defense (military functions)</td><td>061</td><td>38,439</td><td>39,062</td><td>41,233</td><td>41,215</td><td>43,218</td><td>14,301</td><td>62,017</td></tr><tr><td>Military assistance</td><td>062</td><td>2,352</td><td>2,187</td><td>2,340</td><td>1,609</td><td>1,446</td><td>202</td><td>3,996</td></tr><tr><td>Development and control of atomic energy</td><td>066</td><td>1,990</td><td>2,268</td><td>2,541</td><td>2,623</td><td>2,716</td><td>884</td><td>1,121</td></tr><tr><td>Stockpiling and defense production expansion</td><td>067</td><td>490</td><td>625</td><td>312</td><td>180</td><td>23</td><td>2</td><td>181</td></tr><tr><td>Total major national security</td><td></td><td>43,270</td><td>44,142</td><td>46,426</td><td>45,627</td><td>47,402</td><td>15,418</td><td>69,311</td></tr><tr><td colspan="9">International affairs and finance:</td></tr><tr><td>Conduct of foreign affairs</td><td>151</td><td>157</td><td>173</td><td>237</td><td>219</td><td>217</td><td>149</td><td>13</td></tr><tr><td>Economic and financial assistance 2/</td><td>152</td><td>1,683</td><td>1,910</td><td>3,403</td><td>1,477</td><td>1,926</td><td>925</td><td>15,381</td></tr><tr><td>Foreign information and exchange activities</td><td>153</td><td>133</td><td>149</td><td>139</td><td>137</td><td>158</td><td>58</td><td>24</td></tr><tr><td>Total international affairs and finance</td><td></td><td>1,973</td><td>2,231</td><td>3,780</td><td>1,833</td><td>2,302</td><td>1,132</td><td>17,764</td></tr><tr><td colspan="9">Veterans' services and benefits:</td></tr><tr><td>Veterans' education and training 3/</td><td>101</td><td>774</td><td>699</td><td>574</td><td>383</td><td>406</td><td>34</td><td>6</td></tr><tr><td>Other veterans' readjustment benefits 4/</td><td>102</td><td>126</td><td>168</td><td>177</td><td>136</td><td>*</td><td>50</td><td>4</td></tr><tr><td>Veterans' compensation and pensions</td><td>103</td><td>2,870</td><td>3,104</td><td>3,275</td><td>3,368</td><td>3,621</td><td>1,233</td><td>1,482</td></tr><tr><td>Veterans' insurance and servicemen's indemnities</td><td>104</td><td>47</td><td>43</td><td>35</td><td>33</td><td>25</td><td>9</td><td>14</td></tr><tr><td>Veterans' hospitals and medical care</td><td>105</td><td>801</td><td>856</td><td>921</td><td>961</td><td>1,029</td><td>365</td><td>60</td></tr><tr><td>Other veterans' services and administration</td><td>106</td><td>175</td><td>156</td><td>193</td><td>179</td><td>180</td><td>60</td><td>144</td></tr><tr><td>Total veterans' services and benefits</td><td></td><td>4,793</td><td>5,026</td><td>5,174</td><td>5,000</td><td>5,262</td><td>1,749</td><td>3,822</td></tr><tr><td colspan="9">Labor and welfare:</td></tr><tr><td>Labor and manpower</td><td>211</td><td>400</td><td>458</td><td>844</td><td>411</td><td>671</td><td>220</td><td>538</td></tr><tr><td>Public assistance</td><td>212</td><td>1,558</td><td>1,797</td><td>1,969</td><td>2,061</td><td>2,170</td><td>837</td><td>1,441</td></tr><tr><td>Promotion of public health</td><td>213</td><td>469</td><td>546</td><td>704</td><td>818</td><td>939</td><td>349</td><td>1,331</td></tr><tr><td>Promotion of education 5/</td><td>214</td><td>292</td><td>319</td><td>468</td><td>569</td><td>553</td><td>230</td><td>718</td></tr><tr><td>Promotion of science, research, libraries, and museums 6/</td><td>215</td><td>71</td><td>72</td><td>119</td><td>211</td><td>243</td><td>84</td><td>7</td></tr><tr><td>Correctional and penal institutions</td><td>216</td><td>32</td><td>34</td><td>39</td><td>46</td><td>49</td><td>18</td><td></td></tr><tr><td>Other welfare services and administration 2/</td><td>217</td><td>201</td><td>221</td><td>279</td><td>302</td><td>232</td><td>89</td><td>14</td></tr><tr><td>Total labor and welfare</td><td></td><td>3,022</td><td>3,447</td><td>4,421</td><td>4,419</td><td>4,863</td><td>1,803</td><td>5,279</td></tr><tr><td colspan="9">Agriculture and agricultural resources:</td></tr><tr><td>Stabilization of farm prices and farm income 7/</td><td>351</td><td>3,430</td><td>3,151</td><td>5,126</td><td>3,278</td><td>3,772</td><td>1,082</td><td>4,156</td></tr><tr><td>Financing farm ownership and operation 8/</td><td>352</td><td>227 2/</td><td>239</td><td>250</td><td>246</td><td>349</td><td>92</td><td>32</td></tr><tr><td>Financing rural electrification and rural telephones</td><td>353</td><td>267</td><td>297</td><td>315</td><td>330</td><td>301</td><td>14</td><td>1,227</td></tr><tr><td>Conservation and development of agricultural land and water resources 2/</td><td>354</td><td>374</td><td>448</td><td>547</td><td>692</td><td>727</td><td>542</td><td>2</td></tr><tr><td>Research, and other agricultural services 2/</td><td>355</td><td>227</td><td>255</td><td>291</td><td>293</td><td>323</td><td>105</td><td>1</td></tr><tr><td>Total agriculture and agricultural resources</td><td></td><td>4,525 2/</td><td>4,389</td><td>6,529</td><td>4,838</td><td>5,473</td><td>1,531</td><td>1,778</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>925</td><td>1,138</td><td>1,183</td><td>1,235</td><td>1,396</td><td>565</td><td>1</td></tr><tr><td>Conservation and development of forest resources</td><td>402</td><td>163</td><td>174</td><td>201</td><td>220</td><td>331</td><td>139</td><td>1</td></tr><tr><td>Conservation and development of mineral resources</td><td>403</td><td>62</td><td>59</td><td>71</td><td>65</td><td>62</td><td>30</td><td>1</td></tr><tr><td>Conservation and development of fish and wildlife</td><td>404</td><td>51</td><td>60</td><td>68</td><td>68</td><td>73</td><td>27</td><td>1</td></tr><tr><td>Recreational use of natural resources</td><td>405</td><td>59</td><td>69</td><td>86</td><td>74</td><td>91</td><td>41</td><td>1</td></tr><tr><td>General resource surveys and administration</td><td>409</td><td>38</td><td>43</td><td>60</td><td>51</td><td>56</td><td>24</td><td>1</td></tr><tr><td>Total natural resources</td><td></td><td>1,297</td><td>1,544</td><td>1,669</td><td>1,713</td><td>2,008</td><td>825</td><td>1</td></tr><tr><td colspan="9">Commerce, housing, and space technology:</td></tr><tr><td>Promotion of water transportation</td><td>510</td><td>365</td><td>392</td><td>436</td><td>508</td><td>566</td><td>227</td><td>114</td></tr><tr><td>Provision of highways</td><td>511</td><td>40 10/</td><td>31</td><td>40</td><td>38</td><td>36</td><td>18</td><td>1</td></tr><tr><td>Promotion of aviation</td><td>512</td><td>219</td><td>315</td><td>444</td><td>68</td><td>716</td><td>65</td><td>1,120</td></tr><tr><td>Space exploration and flight technology</td><td>513</td><td>76</td><td>89</td><td>145</td><td>401</td><td>744</td><td>104</td><td>1,133</td></tr><tr><td>Postal service</td><td>514</td><td>518</td><td>674</td><td>774</td><td>925</td><td>929</td><td>1</td><td>1</td></tr><tr><td>Community development and facilities</td><td>515</td><td>49</td><td>78</td><td>108</td><td>130</td><td>164</td><td>1</td><td>1</td></tr><tr><td>Public housing programs</td><td>516</td><td>60</td><td>51</td><td>97</td><td>134</td><td>150</td><td>6</td><td>1</td></tr><tr><td>Other aids to housing 11/</td><td>517</td><td>-60</td><td>228</td><td>1,089</td><td>179</td><td>303</td><td>192</td><td>9,652</td></tr><tr><td>Other aids to business 12/</td><td>518</td><td>59</td><td>115</td><td>139</td><td>45</td><td>139</td><td>12</td><td>1</td></tr><tr><td>Regulation of commerce and finance</td><td>519</td><td>45</td><td>44</td><td>58</td><td>58</td><td>67</td><td>34</td><td>1</td></tr><tr><td>Civil and defense mobilization</td><td>520</td><td>65</td><td>66</td><td>46</td><td>46</td><td>58</td><td>12</td><td>1</td></tr><tr><td>Disaster insurance, loans, and relief 13/</td><td>521</td><td>21</td><td>21</td><td>8</td><td>-1</td><td>7</td><td></td><td>1</td></tr><tr><td>Total commerce, housing, and space technology</td><td></td><td>1,455 10/</td><td>2,109</td><td>3,421</td><td>1,781</td><td>3,881</td><td>1,491</td><td>11,123</td></tr><tr><td colspan="9">General government:</td></tr><tr><td>Legislative functions</td><td>601</td><td>90</td><td>88</td><td>104</td><td>109</td><td>118</td><td>47</td><td>1</td></tr><tr><td>Judicial functions</td><td>602</td><td>40</td><td>44</td><td>47</td><td>49</td><td>1</td><td>17</td><td>1</td></tr><tr><td>Executive direction and management</td><td>603</td><td>9</td><td>10</td><td>12</td><td>13</td><td>11</td><td>1</td><td>5</td></tr><tr><td>Central fiscal operations</td><td>604</td><td>76</td><td>111</td><td>66</td><td>148</td><td>111</td><td>1</td><td>1</td></tr><tr><td>General property and records management</td><td>605</td><td>194</td><td>239</td><td>291</td><td>6</td><td>32</td><td>1</td><td>1</td></tr><tr><td>Central personnel management and employment costs 14/</td><td>606</td><td>67</td><td>141</td><td>135</td><td>111</td><td>11</td><td>1</td><td>1</td></tr><tr><td>Civilian weather services</td><td>607</td><td>38</td><td>33</td><td>50</td><td>74</td><td>34</td><td>1</td><td>1</td></tr><tr><td>Protective services and alien control</td><td>608</td><td>187</td><td>199</td><td>136</td><td>117</td><td>140</td><td>8</td><td>1</td></tr><tr><td>Territories and possessions, and the District of Columbia</td><td>609</td><td>77</td><td>75</td><td>89</td><td>1</td><td>1</td><td>1</td><td>1</td></tr><tr><td>Other general government</td><td>610</td><td>51</td><td>20</td><td>30</td><td>28</td><td>31</td><td>41</td><td>1</td></tr><tr><td>Total general government</td><td></td><td>1,790</td><td>1,314</td><td>1,104</td><td>1,695</td><td>1,331</td><td>73</td><td>2</td></tr></table>
Footnotes at end of table.
(Continued on f. 11
8
Treasury Bulletin
BUDGET RECEIPTS AND EXPENDITURES
Table 6.- Expenditures and Balances by Functions - (Continued)
(Fiscal years; in millions of dollars)
<table><tr><th>Function</th><th>Function code number</th><th>1957</th><th>1958</th><th>1959</th><th>1960</th><th>1961 p</th><th>Expenditures</th><th>Unexpended balances end of period</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>7,244</td><td>7,607</td><td>7,593</td><td>4,180</td><td>8,962</td><td>2,931</td><td>5,965</td></tr><tr><td>Interest on refunds of receipts</td><td>652</td><td>57</td><td>74</td><td>70</td><td>76</td><td>83</td><td>31</td><td>51</td></tr><tr><td>Interest on uninvested funds</td><td>653</td><td>6</td><td>8</td><td>9</td><td>10</td><td>10</td><td>4</td><td>8</td></tr><tr><td>Total interest</td><td></td><td>7,308</td><td>7,689</td><td>7,671</td><td>9,266</td><td>9,055</td><td>3,270</td><td>6,025</td></tr><tr><td>Undistributed</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-5</td><td>-7</td><td>7</td></tr><tr><td>Total</td><td></td><td>69,433 2/10</td><td>71,936</td><td>80,697</td><td>77,233</td><td>82,152</td><td>28,946</td><td>18,083</td></tr><tr><td>Less: Certain interfund transactions included in both expenditures and receipts</td><td></td><td>467</td><td>567</td><td>355</td><td>694</td><td>549</td><td>128</td><td></td></tr><tr><td>Budget expenditures (see Table 3)</td><td></td><td>68,966</td><td>71,369</td><td>80,342</td><td>76,539</td><td>81,503</td><td>28,920</td><td></td></tr></table>
Source: Expenditures for 1961 and 1962 are from reports to the Treasury Department by disbursing officers, on the monthly statement reporting basis (see page 11). They are classified in accordance with classification used in the 1962 Budget document, Special Analysis G, as nearly as can be done on an individual appropriation and fund item basis. Prior year 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 5. 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.
2/ See footnote 7.
2/ Expenditures for 1961 and 1962 include those made from "Readjustment Benefits, Veterans' Administration," applicable to functional code 1C2.
4/ See footnotes 3 and 14.
5/ See footnote 6.
6/ Expenditures for 1961 and 1962 include "hose for promotion of education in science made from "Salaries and Expenses, National Science Foundation," applicable to functional code 214.
7/ Expenditures for 1961 include those for emergency, famine relief to friends, peoples, applicable to functional code 122. For 1961 and 1962, they include "those 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 224; and for animal disease eradication activities and grading and classing activities, applicable to functional code 226. These expenditures were made from "Commodity Credit Corporation Capital Fund" and "National Wool Act, Commodity Stabilization Service."
8/ Expenditures for 1961 and 1962 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 3, footnote 2.
10/ Excludes Federal-aid highway expenditures, which are made from the Highway Trust Fund beginning with 1957 (see Table 1, footnote l.); corresponding expenditures for previous years are included in Budget expendit. 11/ See footnote 8. 12/ Expenditures for 1961 and 1962 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 1961 and 1962 include those for unemployment compensation for Federal employees and ex-servicemen applicable to functional code 102. 15/ Expenditures by major functions for fiscal 1962 through November 1961, and fiscal 1961 through November 1960 are shown below. Details by functions are not available for publication in this issue but will appear in the January Bulletin.
<table><tr><th>Function</th><th>Fiscal year 1942 through Nov. 1, 1941 (In millions)</th><th>Fiscal year 1941 through Nov. 1, 1942 (In millions)</th></tr><tr><td>Major national security</td><td>$19,669</td><td>$18,411</td></tr><tr><td>International affairs and finance</td><td>1,479</td><td>944</td></tr><tr><td>Veterans' services and benefits</td><td>2,180</td><td>2,219</td></tr><tr><td>Labor and welfare</td><td>2,306</td><td>1,874</td></tr><tr><td>Agriculture and agricultural research</td><td>3,016</td><td>2,745</td></tr><tr><td>Natural resources</td><td>1,011</td><td>1</td></tr><tr><td>Commerce, housing, and space technology</td><td>1,886</td><td>1,611</td></tr><tr><td>General government</td><td>832</td><td>876</td></tr><tr><td>Interest</td><td>3,714</td><td>3,870</td></tr><tr><td>Total</td><td>36,126</td><td>33,461</td></tr><tr><td>Less: Certain interfund transactions</td><td>121</td><td>99</td></tr><tr><td>Budget expenditures</td><td>36,005</td><td>33,372</td></tr></table>
Less than $500,000. p Preliminary.
December 1961
9
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>Excess of receipts, or expenditures (-)</th><th>Net receipts 1/</th><th>Net expenditures 1/</th><th></th><th></th></tr><tr><td>1954</td><td>328</td><td>2,386</td><td>9,137</td><td>6,751</td><td>-2,054</td><td>-4</td></tr><tr><td>1955</td><td>231</td><td>991 2/</td><td>9,521</td><td>8,530 2/</td><td>-1,362 2/ 2/</td><td>602 2/</td></tr><tr><td>1956</td><td>-194</td><td>2,250</td><td>11,673</td><td>9,423</td><td>-2,617</td><td>173</td></tr><tr><td>1957</td><td>195</td><td>1,409</td><td>14,359</td><td>12,950</td><td>-2,300</td><td>1,085</td></tr><tr><td>1958</td><td>633</td><td>262</td><td>16,319</td><td>16,057</td><td>-197</td><td>567</td></tr><tr><td>1959</td><td>-329</td><td>-1,511</td><td>16,950</td><td>18,461</td><td>1,112</td><td>71</td></tr><tr><td>1960</td><td>-50</td><td>-359</td><td>20,534 4/</td><td>20,893 4/</td><td>-714</td><td>1,023</td></tr><tr><td>1961 p.</td><td>-559</td><td>610</td><td>23,792</td><td>23,182</td><td>-436</td><td>-733</td></tr><tr><td>1962 (Est.)</td><td>15</td><td>-933</td><td>24,761</td><td>25,694</td><td>-242</td><td>1,190</td></tr><tr><td>1961-January</td><td>-185</td><td>-1,080</td><td>858 4/</td><td>1,938 4/</td><td>868</td><td>27</td></tr><tr><td>February</td><td>712</td><td>638</td><td>2,684</td><td>2,046</td><td>65</td><td>8</td></tr><tr><td>March</td><td>-629</td><td>-119</td><td>1,939</td><td>2,059</td><td>-423</td><td>-87</td></tr><tr><td>April</td><td>24</td><td>-686</td><td>1,539 4/</td><td>2,225 4/</td><td>842</td><td>-132</td></tr><tr><td>May</td><td>49</td><td>1,544</td><td>3,577</td><td>2,033</td><td>-1,409</td><td>-86</td></tr><tr><td>June p.</td><td>29</td><td>655</td><td>2,975</td><td>2,320</td><td>-655</td><td>29</td></tr><tr><td>July</td><td>-66</td><td>-871</td><td>1,002</td><td>1,873</td><td>780</td><td>24</td></tr><tr><td>August</td><td>-120</td><td>1,244</td><td>3,297</td><td>2,052</td><td>-1,297</td><td>32</td></tr><tr><td>September</td><td>44</td><td>-726</td><td>1,478</td><td>2,204</td><td>662</td><td>108</td></tr><tr><td>October</td><td>-154</td><td>-1,015</td><td>980</td><td>1,994</td><td>828</td><td>33</td></tr><tr><td>November</td><td>317</td><td>479</td><td>2,513</td><td>2,034</td><td>-191</td><td>28</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 1962 Budget Review released October 29, 1961, including effects of proposed legislation. Certain intertrust fund transactions are excluded from both receipts and expenditures beginning with the July 1961 issue of the Bulletin. For detail see Table 6. Effective July 1, 1955, security transactions of Government-sponsored
enterprises are included in deposit fund account expenditures (net) and excluded from net investment by Government agencies in public debt securities (see Table 4) and from net redemption or sale of obligations of Government agencies in the market (see Table 5). Figures for 1955 have been revised to the new classification basis. 
2/ Includes guaranteed securities beginning 1955 (see Table 4). 
4/ Adjusted for reclassification of certain repayments of advances from the general fund. p Preliminary.
Table 2.- Trust Account Receipts
(in millions of dollars)
<table><tr><th>Fiscal year or month</th><th>FOASI Trust Fund</th><th>Fed. Disability Ins. 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>Other trust accounts 1/</th><th>Total trust account receipts</th><th>Less: Intertrust fund transactions 2/</th><th>Net trust account receipts 3/</th></tr><tr><td>1954.</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><td>9,155</td><td>18</td><td>9,137</td></tr><tr><td>1955.</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><td>9,536</td><td>16</td><td>9,521</td></tr><tr><td>1956.</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</td><td>11,685</td><td>12</td><td>11,673</td></tr><tr><td>1957.</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><td>14,369</td><td>10</td><td>14,359</td></tr><tr><td>1958.</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><td>16,329</td><td>11</td><td>16,319</td></tr><tr><td>1959.</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><td>17,084</td><td>135</td><td>16,950</td></tr><tr><td>1960.</td><td>10,439</td><td>1,071</td><td>1,403</td><td>2,703</td><td>643</td><td>61</td><td>1,766</td><td>2,644 4/</td><td>711</td><td>21,442 4/</td><td>908</td><td>20,534</td></tr><tr><td>1961 p.</td><td>11,910</td><td>1,093</td><td>1,051</td><td>3,804 2/</td><td>669</td><td>58</td><td>2,033</td><td>2,925</td><td>763</td><td>24,307</td><td>515</td><td>23,792</td></tr><tr><td>1962 (Est.).</td><td>12,276</td><td>1,136</td><td>1,070</td><td>3,792</td><td>692</td><td>53</td><td>2,060</td><td>3,136</td><td>995</td><td>25,209</td><td>448</td><td>24,761</td></tr><tr><td>1961-January.</td><td>290</td><td>22</td><td>15</td><td>126</td><td>47</td><td>3</td><td>161</td><td>162 4/</td><td>51</td><td>878 4/</td><td>19</td><td>858</td></tr><tr><td>February.</td><td>1,489</td><td>135</td><td>81</td><td>544</td><td>42</td><td>2</td><td>128</td><td>235</td><td>50</td><td>2,705</td><td>20</td><td>2,684</td></tr><tr><td>March.</td><td>1,190</td><td>113</td><td>50</td><td>76</td><td>47</td><td>2</td><td>173</td><td>213</td><td>81</td><td>1,945</td><td>5</td><td>1,939</td></tr><tr><td>April.</td><td>684</td><td>63</td><td>17</td><td>290 4/</td><td>39</td><td>2</td><td>124</td><td>201</td><td>129</td><td>1,549 4/</td><td>11</td><td>1,539</td></tr><tr><td>May.</td><td>1,972</td><td>173</td><td>82</td><td>867</td><td>42</td><td>2</td><td>153</td><td>237</td><td>63</td><td>3,592</td><td>15</td><td>3,577</td></tr><tr><td>June p.</td><td>1,273</td><td>136</td><td>479</td><td>471</td><td>217</td><td>39</td><td>418</td><td>240</td><td>55</td><td>3,327</td><td>352</td><td>2,975</td></tr><tr><td>July.</td><td>287</td><td>25</td><td>14</td><td>207</td><td>41</td><td>3</td><td>123</td><td>253</td><td>60</td><td>1,014</td><td>12</td><td>1,002</td></tr><tr><td>August.</td><td>1,819</td><td>165</td><td>86</td><td>683</td><td>41</td><td>2</td><td>197</td><td>273</td><td>51</td><td>3,317</td><td>20</td><td>3,297</td></tr><tr><td>September.</td><td>777</td><td>73</td><td>70</td><td>78</td><td>37</td><td>1</td><td>103</td><td>268</td><td>86</td><td>1,493</td><td>15</td><td>1,478</td></tr><tr><td>October.</td><td>236</td><td>28</td><td>3</td><td>185</td><td>41</td><td>2</td><td>144</td><td>259</td><td>102</td><td>998</td><td>19</td><td>980</td></tr><tr><td>November.</td><td>1,278</td><td>110</td><td>80</td><td>501</td><td>39</td><td>1</td><td>133</td><td>307</td><td>81</td><td>2,531</td><td>18</td><td>2,513</td></tr></table>
Source: See Table 1. 
1/ Includes principally District of Columbia receipts from taxes and from Federal contributions, loans, and grants; Funds appropriated to the President - mutual security trust funds; 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; for treatment after November 1958, see Table 10, published quarterly.
2/ For content see Table 6. These transactions are included in the details of both trust receipts and trust expenditures, but are deducted from the totals.
2/ Excludes certain intertrust fund transactions consisting mainly of financial interchanges between trust funds resulting in receipts and expenditures (see footnote 2).
4/ Revised, see Table 1, footnote 4.
5/ Beginning with the fiscal year 1961, tax receipts under the Federal Unemployment Tax Act are transferred currently to a newly established administration account in the Unemployment Trust Fund, and administrative expenses of the employment security program and reimbursement for tax refunds are paid directly from that account, pursuant to the Employment Security Act of 1960, approved September 13, 1960 (7u Stat. 970); see "Budget Receipts and Expenditures," Table 1, footnote 11.
10
Treasury Bulletin
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>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 National Mortgage Assoc. 1/ Financing by Treasury</th><th>Other operations</th></tr><tr><td>1954</td><td>1,405</td><td>-</td><td>502</td><td>1,745</td><td>623</td><td>147</td><td>411</td><td>-</td><td>-</td><td>-</td></tr><tr><td>1955</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><td>-93</td><td>9</td></tr><tr><td>1956</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><td>-94</td><td>206</td></tr><tr><td>1957</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>966</td><td>41</td><td>929</td></tr><tr><td>1958</td><td>8,116</td><td>181</td><td>730</td><td>3,148</td><td>544</td><td>120</td><td>699</td><td>1,602</td><td>3</td><td>102</td></tr><tr><td>1959</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><td>-42</td><td>176</td></tr><tr><td>1960</td><td>11,152</td><td>571</td><td>1,136</td><td>2,736</td><td>582</td><td>83</td><td>896</td><td>3,049 2/</td><td>42</td><td>946</td></tr><tr><td>1961 p</td><td>11,839</td><td>756</td><td>1,124</td><td>4,736 2/</td><td>709</td><td>94</td><td>955</td><td>2,746</td><td>-16</td><td>-69</td></tr><tr><td>1962 (Est.)</td><td>13,420</td><td>994</td><td>1,115</td><td>3,815</td><td>649</td><td>100</td><td>1,063</td><td>3,161</td><td>870</td><td></td></tr><tr><td>1961-January</td><td>947</td><td>62</td><td>100</td><td>448</td><td>50</td><td>6</td><td>80</td><td>183 2/</td><td>24</td><td>2</td></tr><tr><td>February</td><td>1,049</td><td>72</td><td>103</td><td>426</td><td>83</td><td>14</td><td>80</td><td>194</td><td>13</td><td>-50</td></tr><tr><td>March</td><td>987</td><td>68</td><td>87</td><td>504</td><td>149</td><td>9</td><td>73</td><td>174</td><td>-13</td><td>-83</td></tr><tr><td>April</td><td>1,000</td><td>71</td><td>94</td><td>770 2/</td><td>40</td><td>6</td><td>80</td><td>141</td><td>11</td><td>-151</td></tr><tr><td>May</td><td>994</td><td>73</td><td>97</td><td>535</td><td>38</td><td>5</td><td>80</td><td>185</td><td>-7</td><td>-85</td></tr><tr><td>June p</td><td>1,344</td><td>79</td><td>85</td><td>585</td><td>72</td><td>14</td><td>83</td><td>239</td><td>10</td><td>*</td></tr><tr><td>July</td><td>995</td><td>77</td><td>94</td><td>249</td><td>141</td><td>32</td><td>85</td><td>232</td><td>-18</td><td>7</td></tr><tr><td>August</td><td>1,030</td><td>78</td><td>103</td><td>316</td><td>39</td><td>5</td><td>86</td><td>302</td><td>-20</td><td>41</td></tr><tr><td>September</td><td>1,051</td><td>79</td><td>85</td><td>332</td><td>34</td><td>4</td><td>85</td><td>284</td><td>30</td><td>53</td></tr><tr><td>October</td><td>1,046</td><td>84</td><td>103</td><td>267</td><td>36</td><td>5</td><td>91</td><td>303</td><td>-70</td><td>76</td></tr><tr><td>November</td><td>1,065</td><td>82</td><td>102</td><td>272</td><td>32</td><td>4</td><td>89</td><td>365</td><td>-83</td><td>91</td></tr></table>
<table><tr><th rowspan="2">Fiscal year or month</th><th colspan="2">Trust account, etc. - (Cont.)</th><th colspan="5">Deposit fund accounts (net)</th><th rowspan="2">Total trust and deposit fund account expenditures</th><th rowspan="2">Less: Intertrust fund transactions 5/</th><th rowspan="2">Net trust and deposit fund account expenditures 6/</th></tr><tr><th>Other trust accounts, etc. 4/</th><th>Total trust accounts, etc.</th><th>Investment in public debt securities</th><th>Redemption of agency obligations in the market</th><th>Other expenditures</th><th>Other deposit fund accounts</th><th>Total deposit fund accounts</th></tr><tr><td>1954</td><td>495</td><td>7,327</td><td>7/</td><td>2/</td><td>-437</td><td>-437 * 8/</td><td>-121</td><td>-558</td><td>6,769</td><td>18</td><td>6,751</td></tr><tr><td>1955</td><td>483</td><td>8,489</td><td>170</td><td>-269</td><td>99</td><td>10</td><td>56</td><td>56 8/</td><td>8,545 8/</td><td>16</td><td>8,530</td></tr><tr><td>1956</td><td>425</td><td>9,197</td><td>548</td><td>-872</td><td>334</td><td>8</td><td>229</td><td>238</td><td>9,435</td><td>12</td><td>9,423</td></tr><tr><td>1957</td><td>565 2/</td><td>12,743</td><td>39</td><td>-86</td><td>39</td><td>-8</td><td>224</td><td>216</td><td>12,959</td><td>11</td><td>12,948</td></tr><tr><td>1958</td><td>915 2/</td><td>16,159</td><td>460</td><td>167</td><td>-620</td><td>7</td><td>-98</td><td>-91</td><td>16,068</td><td>11</td><td>16,057</td></tr><tr><td>1959</td><td>672 2/</td><td>18,605</td><td>-70</td><td>-1,222</td><td>1,277</td><td>-16</td><td>6</td><td>-9</td><td>18,595</td><td>135</td><td>18,461</td></tr><tr><td>1960</td><td>711</td><td>21,903 2/</td><td>239</td><td>-723</td><td>479</td><td>-5</td><td>-97</td><td>-102</td><td>21,801 2/</td><td>908</td><td>21,893</td></tr><tr><td>1961 p.</td><td>695</td><td>23,570</td><td>435</td><td>-196</td><td>-233</td><td>6</td><td>121</td><td>127</td><td>23,697</td><td>515</td><td>23,182</td></tr><tr><td>1962 (Est.)</td><td>10/</td><td>n.a.</td><td>-150</td><td>-361</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>10/</td><td>26,142</td><td>448</td><td>25,694</td></tr><tr><td>1961-January</td><td>52</td><td>1,952 2/</td><td>38-</td><td>169</td><td>-536</td><td>17</td><td>-12</td><td>5</td><td>1,958 2/</td><td>19</td><td>1,938</td></tr><tr><td>February</td><td>51</td><td>2,37</td><td>-</td><td>135</td><td>-115</td><td>20</td><td>10</td><td>30</td><td>2,047</td><td>20</td><td>2,026</td></tr><tr><td>March</td><td>87</td><td>2,042</td><td>-20</td><td>72</td><td>-45</td><td>7</td><td>15</td><td>22</td><td>2,064</td><td>5</td><td>2,059</td></tr><tr><td>April</td><td>128</td><td>2,188 2/</td><td>-73</td><td>-129</td><td>188</td><td>-14</td><td>61</td><td>47</td><td>2,236 2/</td><td>11</td><td>2,225</td></tr><tr><td>May</td><td>60</td><td>1,976</td><td>150</td><td>-208</td><td>76</td><td>18</td><td>54</td><td>73</td><td>2,048</td><td>15</td><td>2,033</td></tr><tr><td>June p.</td><td>62</td><td>2,573</td><td>-99</td><td>-219</td><td>306</td><td>-12</td><td>111</td><td>100</td><td>2,672</td><td>352</td><td>2,320</td></tr><tr><td>July</td><td>34</td><td>1,929</td><td>-83</td><td>-41</td><td>126</td><td>2</td><td>-46</td><td>-45</td><td>1,884</td><td>12</td><td>1,873</td></tr><tr><td>August</td><td>67</td><td>2,048</td><td>-106</td><td>-70</td><td>170</td><td>-6</td><td>31</td><td>25</td><td>2,072</td><td>20</td><td>2,052</td></tr><tr><td>September</td><td>92</td><td>2,130</td><td>117</td><td>-305</td><td>180</td><td>-8</td><td>97</td><td>89</td><td>2,219</td><td>15</td><td>2,204</td></tr><tr><td>October</td><td>101</td><td>2,143</td><td>-77</td><td>10</td><td>58</td><td>-9</td><td>-20</td><td>-30</td><td>2,013</td><td>19</td><td>1,994</td></tr><tr><td>November</td><td>67</td><td>2,085</td><td>205</td><td>-141</td><td>-76</td><td>-12</td><td>-22</td><td>-34</td><td>2,052</td><td>18</td><td>2,034</td></tr></table>
Source: See Table 1.
1/ Secondary market operations, as provided in 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).
✓ See Table 1, footnote 4.
✓ See Table 2, footnote 5.
✓ Includes principally District of Columbia operating expenditures; Funds appropriated to the President - mutual security trust funds; Indian tribal funds; expenditures chargeable against in rem on gold; and trust enterprise funds (net). The Railroad Unemployment Insurance Administration Fund is included for the period 1954 "through November 1958 (see Table 10, published quarterly), the Employees' Life Insurance Fund (net) from its establishment in August 1954, and the Employees' Health Benefits Fund (net) beginning 1961
✓ For content see Table 6. These transactions are included in the detail
of both trust receipts and trust expenditures, but are deducted from the totals.
6/ Excludes certain intertrust fund transactions consisting principally of financial interchanges between trust funds resulting in receipts and expenditures (see footnote 5).
7/ Excluded from deposit fund account expenditures and included with similar security transactions of other agencies (see Tables 4 and 5).
8/ Includes security transactions of Government-sponsored enterprises beginning 1955 (see Table 1, footnote 2).
9/ Includes expenditures of the Federal Intermediate credit banks which were operated as trust fund enterprises from January 1, 1957, until January 1959, when these banks were classified as Government-sponsored enterprises.
10/ The combined estimate for "Other trust accounts and trust enterprise funds" and "Total deposit fund accounts" is $955 million.
* Less than $500,000. p. Preliminary. n.a. Not available.
December 1961
11
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 colspan="10">Trust accounts</th></tr><tr><th></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>1954.</td><td>2,054</td><td>1,688 2/</td><td>1,522</td><td>-</td><td>202</td><td>-248</td><td>23</td><td>-65</td><td>252</td><td>-</td><td>-</td><td>1</td></tr><tr><td>1955.</td><td>1,362 2/</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 2/</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>-1,214</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>-393</td><td>-100</td><td>45</td></tr><tr><td>1960.</td><td>714</td><td>548</td><td>-726</td><td>494</td><td>264</td><td>-41</td><td>62</td><td>-21</td><td>871</td><td>-428</td><td>-</td><td>72</td></tr><tr><td>1961 p.</td><td>436</td><td>288</td><td>-225</td><td>285</td><td>-78</td><td>-952</td><td>-44</td><td>-35</td><td>1,063</td><td>233</td><td>-</td><td>42</td></tr><tr><td>1962 (Est.)</td><td>242</td><td>22</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>-</td><td>n.a.</td></tr><tr><td>1961-January.</td><td>-868</td><td>-866</td><td>-440</td><td>-16</td><td>-81</td><td>-389</td><td>-6</td><td>-4</td><td>68</td><td>16</td><td>-</td><td>-15</td></tr><tr><td>February.</td><td>-65</td><td>-78</td><td>-104</td><td>15</td><td>-29</td><td>-114</td><td>-104</td><td>-21</td><td>60</td><td>-1</td><td>-</td><td>-9</td></tr><tr><td>March.</td><td>423</td><td>403</td><td>658</td><td>91</td><td>-26</td><td>-374</td><td>-32</td><td>4</td><td>68</td><td>*</td><td>-</td><td>14</td></tr><tr><td>April.</td><td>-842</td><td>-848</td><td>-323</td><td>-5</td><td>-86</td><td>-556</td><td>1</td><td>-4</td><td>68</td><td>55</td><td>-</td><td>2</td></tr><tr><td>May.</td><td>1,409</td><td>1,396</td><td>838</td><td>73</td><td>-14</td><td>407</td><td>2</td><td>-4</td><td>72</td><td>29</td><td>-</td><td>-6</td></tr><tr><td>June p.</td><td>655</td><td>670</td><td>-234</td><td>48</td><td>405</td><td>-124</td><td>138</td><td>23</td><td>340</td><td>79</td><td>-</td><td>-5</td></tr><tr><td>July.</td><td>-780</td><td>-827</td><td>-536</td><td>-22</td><td>-86</td><td>-128</td><td>-94</td><td>-30</td><td>51</td><td>-7</td><td>-</td><td>25</td></tr><tr><td>August.</td><td>1,397</td><td>1,377</td><td>774</td><td>72</td><td>-19</td><td>439</td><td>2</td><td>-3</td><td>114</td><td>1</td><td>-</td><td>-3</td></tr><tr><td>September.</td><td>-662</td><td>-635</td><td>-353</td><td>-11</td><td>-23</td><td>-208</td><td>3</td><td>-3</td><td>15</td><td>-65</td><td>-</td><td>12</td></tr><tr><td>October.</td><td>-828</td><td>-847</td><td>-667</td><td>-31</td><td>-90</td><td>-110</td><td>6</td><td>-3</td><td>50</td><td>-22</td><td>-</td><td>20</td></tr><tr><td>November.</td><td>191</td><td>210</td><td>32</td><td>8</td><td>-21</td><td>220</td><td>5</td><td>-3</td><td>50</td><td>-67</td><td>-</td><td>-14</td></tr><tr><th>Fiscal year or month</th><th colspan="7">Public enterprise funds</th><th colspan="5">Government-sponsored enterprises</th></tr><tr><th></th><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 2/</th><th>Federal Savings and Loan Insurance Corp.</th><th>Tennessee Valley Authority</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 land banks</th><th>Federal intermediate credit banks 1/</th></tr><tr><td>1954.</td><td>-77</td><td>-86</td><td>-1</td><td>-3</td><td>-</td><td>11</td><td>-</td><td>3</td><td>443 2/</td><td>9</td><td>102</td><td>314</td><td>18</td><td>-</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>-</td><td>7</td><td>170</td><td>-10</td><td>98</td><td>82</td><td>*</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>-</td><td>9</td><td>548</td><td>-</td><td>104</td><td>425</td><td>19</td><td>-</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>-</td><td>14 2/</td><td>39</td><td>2</td><td>104</td><td>-67</td><td>1</td><td>-</td></tr><tr><td>1958.</td><td>91</td><td>51</td><td>-</td><td>-</td><td>6</td><td>19</td><td>-</td><td>14</td><td>460</td><td>-1</td><td>115</td><td>346</td><td>*</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>-</td><td>18</td><td>-70</td><td>-</td><td>124</td><td>-299</td><td>1</td><td>105</td></tr><tr><td>1960.</td><td>166</td><td>62</td><td>-</td><td>-</td><td>15</td><td>18</td><td>51</td><td>18</td><td>239</td><td>*</td><td>134</td><td>102</td><td>1</td><td>2</td></tr><tr><td>1961 p.</td><td>148</td><td>97</td><td>-</td><td>-</td><td>7</td><td>34</td><td>-12</td><td>22</td><td>435</td><td>3</td><td>148</td><td>287</td><td>-4</td><td>1</td></tr><tr><td>1962 (Est.)</td><td>220</td><td>n.a.</td><td>-</td><td>-</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>-150</td><td>-</td><td>150</td><td>-300</td><td>-</td><td>-</td></tr><tr><td>1961-January.</td><td>-1</td><td>11</td><td>-</td><td>-</td><td>2</td><td>5</td><td>-21</td><td>2</td><td>384</td><td>-</td><td>79</td><td>305</td><td>-</td><td>1</td></tr><tr><td>February.</td><td>13</td><td>*</td><td>-</td><td>-</td><td>3</td><td>4</td><td>4</td><td>2</td><td>*</td><td>-</td><td>15</td><td>-15</td><td>-</td><td>*</td></tr><tr><td>March.</td><td>20</td><td>14</td><td>-</td><td>-</td><td>-1</td><td>6</td><td>-1</td><td>2</td><td>-20</td><td>*</td><td>*</td><td>-20</td><td>-</td><td>-</td></tr><tr><td>April.</td><td>5</td><td>5</td><td>-</td><td>-</td><td>2</td><td>5</td><td>-8</td><td>1</td><td>-73</td><td>-</td><td>5</td><td>-78</td><td>-</td><td>-</td></tr><tr><td>May.</td><td>13</td><td>12</td><td>-</td><td>-</td><td>-2</td><td>7</td><td>-5</td><td>2</td><td>150</td><td>5</td><td>16</td><td>129</td><td>-</td><td>-</td></tr><tr><td>June p.</td><td>-15</td><td>8</td><td>-</td><td>-</td><td>1</td><td>4</td><td>-32</td><td>4</td><td>-99</td><td>-2</td><td>5</td><td>-101</td><td>-1</td><td>-</td></tr><tr><td>July.</td><td>47</td><td>2</td><td>-</td><td>-</td><td>*</td><td>8</td><td>35</td><td>1</td><td>-83</td><td>-3</td><td>-</td><td>-80</td><td>-</td><td>-</td></tr><tr><td>August.</td><td>20</td><td>9</td><td>-</td><td>-</td><td>1</td><td>4</td><td>5</td><td>1</td><td>-106</td><td>*</td><td>10</td><td>-115</td><td>-</td><td>-</td></tr><tr><td>September.</td><td>-27</td><td>-32</td><td>-</td><td>-</td><td>6</td><td>4</td><td>-7</td><td>1</td><td>117</td><td>-</td><td>-2</td><td>118</td><td>-</td><td>2</td></tr><tr><td>October.</td><td>19</td><td>1</td><td>-</td><td>-</td><td>18</td><td>5</td><td>-6</td><td>2</td><td>-77</td><td>-</td><td>5</td><td>-82</td><td>-</td><td>-</td></tr><tr><td>November.</td><td>-19</td><td>10</td><td>-</td><td>-</td><td>-1</td><td>8</td><td>-9</td><td>-28</td><td>205</td><td>-</td><td>17</td><td>184</td><td>-</td><td>4</td></tr></table>
1/ See Table 3, footnote 9.
2/ For explanation of difference from Budget figures, see "Cash Income and Outgo," Table 7, footnote 1.
2/ Excludes net investment by Government-sponsored enterprises beginning with the fiscal year 1955 (see Table 1, footnote 2).
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). 
6/ Management and liquidating functions as provided by the Housing Act of 1954, approved August 2, 1954 (12 U.S.C. 1721). Investment includes guaranteed securities.
7/ Beginning with this period, figures include net transactions in guaranteed securities. See also footnote 6.
* Less than $500,000.
p Preliminary.
n.s. Not available.
12
Treasury Bulletin
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="5">Securities guaranteed by the United States</th><th colspan="5">Securities not guaranteed by the United States</th></tr><tr><th>Total guaranteed</th><th>Federal Farm Mortgage Corporation</th><th>Federal Housing Administration</th><th>Home Owners' Loan Corporation</th><th>Trust enterprise fund D. C. stadium fund</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>1954.</td><td>4</td><td>-29</td><td>*</td><td>-30</td><td>*</td><td>-</td><td>33</td><td>44</td><td>44</td><td>-</td><td>*</td></tr><tr><td>1955.</td><td>-602 3/</td><td>37</td><td>*</td><td>37</td><td>*</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>-30</td><td>*</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>-33</td><td>*</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>6</td><td>*</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>-10</td><td>*</td><td>-</td><td>-61</td><td>-61</td><td>-</td><td>6</td><td>*</td></tr><tr><td>1960.</td><td>-1,023</td><td>-29</td><td>*</td><td>-28</td><td>*</td><td>-</td><td>-994</td><td>-994</td><td>-</td><td>*</td><td>*</td></tr><tr><td>1961 p.</td><td>733</td><td>-100</td><td>*</td><td>-81</td><td>*</td><td>-19</td><td>833</td><td>833</td><td>-</td><td>797</td><td>*</td></tr><tr><td>1962 (Eat.).</td><td>-1,190</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>-</td><td>n.a.</td><td>n.a.</td></tr><tr><td>1961-January.</td><td>-27</td><td>-5</td><td>*</td><td>-5</td><td>-</td><td>-</td><td>-23</td><td>-23</td><td>-</td><td>*</td><td>*</td></tr><tr><td>February.</td><td>-8</td><td>-36</td><td>-</td><td>-36</td><td>*</td><td>-</td><td>27</td><td>27</td><td>-</td><td>*</td><td>*</td></tr><tr><td>March.</td><td>87</td><td>-15</td><td>*</td><td>-15</td><td>*</td><td>-</td><td>102</td><td>102</td><td>-</td><td>*</td><td>-</td></tr><tr><td>April.</td><td>132</td><td>-8</td><td>*</td><td>-8</td><td>-</td><td>-</td><td>140</td><td>140</td><td>-</td><td>*</td><td>-</td></tr><tr><td>May.</td><td>86</td><td>-6</td><td>*</td><td>-6</td><td>*</td><td>-</td><td>92</td><td>92</td><td>-</td><td>-</td><td>*</td></tr><tr><td>June p.</td><td>-29</td><td>-15</td><td>*</td><td>-15</td><td>*</td><td>-</td><td>-14</td><td>-14</td><td>-</td><td>*</td><td>-</td></tr><tr><td>July.</td><td>-24</td><td>2</td><td>-</td><td>2</td><td>*</td><td>-</td><td>-26</td><td>-26</td><td>-</td><td>-</td><td>-</td></tr><tr><td>August.</td><td>-32</td><td>-11</td><td>*</td><td>-11</td><td>*</td><td>-</td><td>-22</td><td>-22</td><td>-</td><td>*</td><td>-</td></tr><tr><td>September.</td><td>-108</td><td>-21</td><td>-</td><td>-21</td><td>*</td><td>-</td><td>-86</td><td>-86</td><td>-</td><td>-</td><td>-</td></tr><tr><td>October.</td><td>-33</td><td>-28</td><td>*</td><td>-28</td><td>*</td><td>-</td><td>-5</td><td>-5</td><td>-</td><td>*</td><td>-</td></tr><tr><td>November.</td><td>-28</td><td>-16</td><td>*</td><td>-16</td><td>*</td><td>-</td><td>-13</td><td>-13</td><td>-</td><td>*</td><td>*</td></tr></table>
<table><tr><th rowspan="2">Fiscal year or month</th><th colspan="2">Public enterprise funds - (Cont.)</th><th colspan="2">Trust enterprise funds</th><th colspan="5">Government-sponsored enterprises</th></tr><tr><th>Tennessee Valley Authority</th><th>Federal intermediate credit banks 1/</th><th>Federal National Mortgage Association 4/</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>1954</td><td>-</td><td>-</td><td>-</td><td>-11</td><td>-</td><td>136</td><td>-</td><td>-146</td></tr><tr><td colspan="9">Memorandum</td></tr><tr><td>1955</td><td>-</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>-</td><td>-</td><td>-100</td><td>-872</td><td>-23</td><td>-588</td><td>-</td><td>-261</td></tr><tr><td>1957</td><td>-</td><td>-238</td><td>-950</td><td>-86</td><td>-46</td><td>191</td><td>-</td><td>-230</td></tr><tr><td>1958</td><td>-</td><td>-225</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>58</td><td>-125</td><td>-1,222</td><td>-86</td><td>-554</td><td>-340</td><td>-242</td></tr><tr><td>1960</td><td>-</td><td>-</td><td>-994</td><td>-723</td><td>-46</td><td>-284</td><td>-144</td><td>-250</td></tr><tr><td>1961 p.</td><td>-50</td><td>-</td><td>86</td><td>-196</td><td>-52</td><td>200</td><td>-124</td><td>-220</td></tr><tr><td>1962 (Est.)</td><td>n.a.</td><td>-</td><td>n.a.</td><td>-361</td><td>-40</td><td>4</td><td>-200</td><td>-125</td></tr><tr><td>1961-January</td><td>-</td><td>-</td><td>-23</td><td>169</td><td>*</td><td>149</td><td>17</td><td>2</td></tr><tr><td>February</td><td>-</td><td>-</td><td>27</td><td>135</td><td>3</td><td>171</td><td>-40</td><td>*</td></tr><tr><td>March</td><td>-</td><td>-</td><td>102</td><td>72</td><td>*</td><td>114</td><td>-42</td><td>*</td></tr><tr><td>April</td><td>-</td><td>-</td><td>140</td><td>-129</td><td>2</td><td>12</td><td>-71</td><td>-72</td></tr><tr><td>May</td><td>-</td><td>-</td><td>92</td><td>-208</td><td>*</td><td>-138</td><td>-71</td><td>1</td></tr><tr><td>June p.</td><td>-</td><td>-</td><td>-14</td><td>-219</td><td>20</td><td>-100</td><td>-62</td><td>-77</td></tr><tr><td>July</td><td>-50</td><td>-</td><td>24</td><td>-41</td><td>2</td><td>*</td><td>-44</td><td>*</td></tr><tr><td>August</td><td>-</td><td>-</td><td>-22</td><td>-70</td><td>-3</td><td>-39</td><td>-28</td><td>*</td></tr><tr><td>September</td><td>-</td><td>-</td><td>-86</td><td>-305</td><td>*</td><td>-242</td><td>13</td><td>-76</td></tr><tr><td>October</td><td>-</td><td>-</td><td>-1</td><td>10</td><td>-61</td><td>*</td><td>67</td><td>3</td></tr><tr><td>November</td><td>-</td><td>-</td><td>-13</td><td>-141</td><td>0</td><td>-239</td><td>92</td><td>*</td></tr></table>
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-aponsoed enterprise thereafter. 2/ Management and liquidating functions.
2/ Beginning 1955 excludes net transactions of Government-sponsored enterprises (see Table 3). Secondary market operations. 
* Less than $500,000. p Preliminary. 
n.a. Not available.
December 1961
13
TRUST ACCOUNT AND OTHER TRANSACTIONS
Table 6.- Intertrust Fund Transactions Excluded from Both Net Trust Account Receipts and Net Trust Account Expenditures
(In millions of dollars)
<table><tr><th>Fiscal year or month</th><th>Federal Old-Age and Survivors Insurance Trust Fund 1/</th><th>Federal Disability Insurance Trust Fund 1/ 2/</th><th>Railroad Retirement Account 1/ 3/</th><th>Unemployment Trust Fund 4/</th><th>Federal employees' retirement funds 2/</th><th>District of Columbia 6/</th><th>Total</th></tr><tr><td>1954</td><td>-</td><td>-</td><td>12</td><td>4</td><td>-</td><td>2</td><td>18</td></tr><tr><td>1955</td><td>-</td><td>-</td><td>10</td><td>2</td><td>2</td><td>3</td><td>16</td></tr><tr><td>1956</td><td>-</td><td>-</td><td>7</td><td>-</td><td>2</td><td>3</td><td>12</td></tr><tr><td>1957</td><td>-</td><td>*</td><td>5</td><td>-</td><td>2</td><td>3</td><td>10</td></tr><tr><td>1958</td><td>-</td><td>*</td><td>2</td><td>-</td><td>-</td><td>9</td><td>11</td></tr><tr><td>1959</td><td>124</td><td>*</td><td>-</td><td>-</td><td>-</td><td>10</td><td>135</td></tr><tr><td>1960</td><td>600</td><td>1</td><td>211</td><td>86</td><td>-</td><td>10</td><td>908</td></tr><tr><td>1961 p</td><td>332</td><td>6</td><td>132</td><td>32</td><td>-</td><td>12</td><td>515</td></tr><tr><td>1962 (Est.)</td><td>320</td><td>-</td><td>75</td><td>40</td><td>-</td><td>13</td><td>448</td></tr><tr><td>1961-January</td><td>-</td><td>-</td><td>17</td><td>-</td><td>-</td><td>2</td><td>19</td></tr><tr><td>February</td><td>-</td><td>-</td><td>20</td><td>-</td><td>-</td><td>*</td><td>20</td></tr><tr><td>March</td><td>-</td><td>-</td><td>3</td><td>-</td><td>-</td><td>2</td><td>5</td></tr><tr><td>April</td><td>-</td><td>-</td><td>10</td><td>-</td><td>-</td><td>1</td><td>11</td></tr><tr><td>May</td><td>-</td><td>-</td><td>13</td><td>-</td><td>-</td><td>1</td><td>15</td></tr><tr><td>June p</td><td>332</td><td>5</td><td>-</td><td>13</td><td>-</td><td>2</td><td>352</td></tr><tr><td>July</td><td>-</td><td>-</td><td>11</td><td>-</td><td>-</td><td>1</td><td>12</td></tr><tr><td>August</td><td>-</td><td>-</td><td>19</td><td>-</td><td>-</td><td>1</td><td>20</td></tr><tr><td>September</td><td>-</td><td>-</td><td>-</td><td>14</td><td>-</td><td>1</td><td>15</td></tr><tr><td>October</td><td>-</td><td>-</td><td>18</td><td>-</td><td>-</td><td>1</td><td>19</td></tr><tr><td>November</td><td>-</td><td>-</td><td>17</td><td>-</td><td>*</td><td>1</td><td>18</td></tr></table>
Source: See Table 1.
1/ Payments are made between the Railroad Retirement Account and the Federal Old-Age and Survivors and Federal Disability Insurance trust funds so as to place those funds in the position in which they would have been if railroad employment after 1936 had been included under social security coverage.
2/ Includes interest on amounts reimbursed to the Federal Old-Age and Survivors Insurance Trust Fund for administrative expenses.
3/ Includes temporary advances to the Railroad Unemployment Insurance Account in the Unemployment Trust Fund when the balance in the
account is insufficient to meet payments of benefits and refunds due or to become due. 4/ Repayment of advances plus interest to the Railroad Retirement Account. See footnote 3. 5/ Transfers from the Civil Service Retirement and Disability Fund to the Foreign Service Retirement and Disability Fund. 6/ Contributions and beginning with 1958, transfers of deductions from employees' salaries to the Civil Service Retirement and Disability Fund. * Less than $500,000. p Preliminary.
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 Analysia A. Reconciliation to cash deposits and withdrawals in the account of the Treasurer of the United States is shown on the same basle 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 current 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.
14
Treasury Bulletin
CASH INCOME AND OUTGO
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 assignorage 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-ponsored 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.
December 1961
15
CASH INCOME AND OUTGO
Table 1.- Summary of Federal Government Cash Transactions with the Public
(In millions of dollars)
<table><tr><th>Fiscal year or month</th><th colspan="3">Net cash transactions with the public other than borrowing</th><th>Plus: Net cash borrowing from the public, or repayment (-)</th><th>Plus: Receipts from exercise of monetary authority</th><th>Equals: Change in cash balance</th><th>Cash held outside Treasury, increase, or decrease (-)</th></tr><tr><th></th><th>Federal receipts from the public 1/</th><th>Federal payments to the public 1/</th><th>Excess of receipts, or payments (-)</th><th></th><th></th><th>Treasurer's account balance, increase, or decrease (-)</th><th></th></tr><tr><td>1954</td><td>71,626</td><td>71,858</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>70,537</td><td>-2,702</td><td>1,809</td><td>29</td><td>-551</td><td>-312</td></tr><tr><td>1956</td><td>77,087</td><td>72,616</td><td>4,471</td><td>-4,366</td><td>23</td><td>331</td><td>-200</td></tr><tr><td>1957</td><td>82,105</td><td>80,006</td><td>2,099</td><td>-3,100</td><td>49</td><td>-956</td><td>5</td></tr><tr><td>1958</td><td>81,892</td><td>83,412</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</td><td>95,078</td><td>94,301</td><td>777</td><td>1,821</td><td>53</td><td>2,654</td><td>-</td></tr><tr><td>1961 p</td><td>97,144</td><td>99,291</td><td>-2,147</td><td>697</td><td>55</td><td>-1,311</td><td>-83</td></tr><tr><td>1962 (Est.)</td><td>102,755</td><td>111,122</td><td>-8,367</td><td>7,590</td><td>82</td><td>-694</td><td>-1</td></tr><tr><td>1961-January</td><td>5,586</td><td>7,275</td><td>-1,689</td><td>119</td><td>2</td><td>-1,582</td><td>15</td></tr><tr><td>February</td><td>8,916</td><td>7,867</td><td>1,049</td><td>412</td><td>3</td><td>1,463</td><td>1</td></tr><tr><td>March</td><td>10,256</td><td>8,260</td><td>1,996</td><td>-3,609</td><td>4</td><td>-1,498</td><td>-112</td></tr><tr><td>April</td><td>6,295</td><td>8,292</td><td>-1,997</td><td>1,412</td><td>6</td><td>-761</td><td>181</td></tr><tr><td>May</td><td>9,731</td><td>9,462</td><td>269</td><td>725</td><td>8</td><td>1,128</td><td>-126</td></tr><tr><td>June p</td><td>12,367</td><td>9,446</td><td>2,921</td><td>-1,486</td><td>4</td><td>1,532</td><td>-94</td></tr><tr><td>July</td><td>3,793</td><td>7,902</td><td>-4,109</td><td>4,167</td><td>3</td><td>-101</td><td>163</td></tr><tr><td>August</td><td>9,357</td><td>10,552</td><td>-1,195</td><td>563</td><td>8</td><td>-572</td><td>-52</td></tr><tr><td>September</td><td>10,236</td><td>8,266</td><td>1,970</td><td>939</td><td>7</td><td>2,936</td><td>-20</td></tr><tr><td>October</td><td>3,872</td><td>9,385</td><td>-5,512</td><td>2,775</td><td>9</td><td>-2,759</td><td>30</td></tr><tr><td>November</td><td>8,554</td><td>9,218</td><td>-663</td><td>707</td><td>3</td><td>63</td><td>-17</td></tr><tr><td>1962 to date</td><td>35,813</td><td>45,322</td><td>-9,509</td><td>9,150</td><td>30</td><td>-434</td><td>104</td></tr></table>
Source: Actual figures are based on the monthly statement of receipts and expenditures of the Government (for explanation of reporting bases, see page II); estimates are from the 1962 Budget Review, released October 29, 1961, including effects of proposed legislation.
1/ Figures in this column differ from those published prior to the September 1960 Treasury Bulletin because of the exclusion of a few additional items of budget receipts which are also budget expenditures (see Tables 3 and 4). p Preliminary.
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 borrow-ing, or repayment of borrowing (-)</th><th>Equals: Treasurer's account balance, in-crease, 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>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</td><td>94,862</td><td>93,508</td><td>1,353</td><td>1,301</td><td>2,654</td></tr><tr><td>1961</td><td>96,897</td><td>98,284</td><td>-1,387</td><td>76</td><td>-1,311</td></tr><tr><td>1962-(Est.)</td><td>102,837</td><td>111,122</td><td>-8,285</td><td>7,591</td><td>-694</td></tr><tr><td>1961-January</td><td>5,447</td><td>7,100</td><td>-1,653</td><td>71</td><td>-1,582</td></tr><tr><td>February</td><td>9,356</td><td>8,247</td><td>1,109</td><td>354</td><td>1,463</td></tr><tr><td>March</td><td>10,532</td><td>8,346</td><td>2,186</td><td>-3,684</td><td>-1,498</td></tr><tr><td>April</td><td>5,903</td><td>7,974</td><td>-2,072</td><td>1,311</td><td>-761</td></tr><tr><td>May</td><td>10,006</td><td>9,566</td><td>441</td><td>687</td><td>1,128</td></tr><tr><td>June</td><td>12,069</td><td>8,875</td><td>3,194</td><td>-1,662</td><td>1,532</td></tr><tr><td>July</td><td>3,621</td><td>7,831</td><td>-4,210</td><td>4,108</td><td>-1 1</td></tr><tr><td>August</td><td>10,120</td><td>11,159</td><td>-1,040</td><td>467</td><td>-572</td></tr><tr><td>September</td><td>9,679</td><td>7,639</td><td>2,040</td><td>894</td><td>2,936</td></tr><tr><td>October</td><td>3,605</td><td>9,124</td><td>-5,519</td><td>2,"61</td><td>-4,759</td></tr><tr><td>November</td><td>9,302</td><td>9,863</td><td>-561</td><td>624</td><td>61</td></tr><tr><td>1962 to date</td><td>36,328</td><td>45,617</td><td>-1,289</td><td>3,933</td><td>-1,356</td></tr></table>
Source: Actual figures are based on the daily Treasury statement; estimates are from the 1962 Budget Review, released October 29, 1961, including effects of proposed legislation.
first four columns of this table may differ somewhat from those originally published in theasury Treasury statement be and for thesequent reclassification of certain transactions.
16
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 rowspan="2">Fiscal year or month</th><th colspan="3">Receipts (net) 1/</th><th colspan="4">Less: Deductions from receipts</th><th rowspan="2">Equals: Federal receipts from the public 4/</th><th colspan="2">Reconciliation to cash transactions in Treasurer's account</th><th rowspan="2">Equals: Cash deposits in the Treasurer's account</th></tr><tr><th>Budget</th><th>Trust account</th><th>Total</th><th>Intragovernmental transactions (See Table 5) 1/</th><th>Excess profits tax refund bond redemptions 2/</th><th>Receipts from exercise of monetary authority 3/</th><th>Total deductions 1/</th><th>Plus: Receipts from exercise of monetary authority 2/</th><th>Adjustment for net difference due to reporting method (see also Table 4) 1/</th></tr><tr><td>1954</td><td>64,420</td><td>9,137</td><td>73,557</td><td>1,858</td><td>*</td><td>73</td><td>1,931</td><td>71,626</td><td>73</td><td>115</td><td>71,815</td></tr><tr><td>1955</td><td>60,209</td><td>9,521</td><td>69,729</td><td>1,865</td><td>*</td><td>29</td><td>1,894</td><td>67,836</td><td>29</td><td>-106</td><td>67,758</td></tr><tr><td>1956</td><td>67,850</td><td>11,673</td><td>79,523</td><td>2,412</td><td>*</td><td>23</td><td>2,436</td><td>77,087</td><td>23</td><td>-31</td><td>77,079</td></tr><tr><td>1957</td><td>70,562</td><td>14,359</td><td>84,921</td><td>2,767</td><td>*</td><td>49</td><td>2,816</td><td>82,105</td><td>49</td><td>-279</td><td>81,875</td></tr><tr><td>1958</td><td>68,550</td><td>16,319</td><td>84,869</td><td>2,917</td><td>*</td><td>59</td><td>2,976</td><td>81,892</td><td>59</td><td>142</td><td>82,094</td></tr><tr><td>1959</td><td>67,915</td><td>16,950</td><td>84,865</td><td>3,161</td><td>*</td><td>44</td><td>3,205</td><td>81,660</td><td>44</td><td>-93</td><td>81,612</td></tr><tr><td>1960</td><td>77,763</td><td>20,534 5/</td><td>98,298 5/</td><td>3,167</td><td>*</td><td>53</td><td>3,220</td><td>95,078</td><td>53</td><td>-269</td><td>94,862</td></tr><tr><td>1961 p....</td><td>77,578</td><td>23,792</td><td>101,370</td><td>4,170</td><td>*</td><td>55</td><td>4,226</td><td>97,144</td><td>55</td><td>-303</td><td>96,897</td></tr><tr><td>1962 (Est.)</td><td>82,100</td><td>24,761</td><td>106,861</td><td>4,024</td><td>*</td><td>82</td><td>4,106</td><td>102,755</td><td>82</td><td>-</td><td>102,837</td></tr><tr><td>1961-Jan....</td><td>4,846</td><td>858 5/</td><td>5,704 5/</td><td>116</td><td>*</td><td>2</td><td>118</td><td>5,586</td><td>2</td><td>-141</td><td>5,447</td></tr><tr><td>Feb.</td><td>6,537</td><td>2,684</td><td>9,222</td><td>303</td><td>*</td><td>3</td><td>306</td><td>8,916</td><td>3</td><td>438</td><td>9,356</td></tr><tr><td>Mar....</td><td>8,524</td><td>1,939</td><td>10,463</td><td>203</td><td>*</td><td>4</td><td>207</td><td>10,256</td><td>4</td><td>272</td><td>10,532</td></tr><tr><td>Apr.</td><td>5,125</td><td>1,539 5/</td><td>6,664 5/</td><td>364</td><td>*</td><td>6</td><td>369</td><td>6,295</td><td>6</td><td>-398</td><td>5,903</td></tr><tr><td>May....</td><td>6,467</td><td>3,577</td><td>10,044</td><td>305</td><td>*</td><td>8</td><td>313</td><td>9,731</td><td>8</td><td>267</td><td>10,006</td></tr><tr><td>June p....</td><td>10,749</td><td>2,975</td><td>13,724</td><td>1,353</td><td>*</td><td>4</td><td>1,357</td><td>12,367</td><td>4</td><td>-302</td><td>12,069</td></tr><tr><td>July....</td><td>2,982</td><td>1,002</td><td>3,984</td><td>189</td><td>*</td><td>3</td><td>192</td><td>3,793</td><td>3</td><td>-175</td><td>3,621</td></tr><tr><td>Aug....</td><td>6,367</td><td>3,297</td><td>9,663</td><td>298</td><td>*</td><td>8</td><td>306</td><td>9,357</td><td>8</td><td>755</td><td>10,120</td></tr><tr><td>Sept....</td><td>8,945</td><td>1,478</td><td>10,423</td><td>180</td><td>*</td><td>7</td><td>187</td><td>10,236</td><td>7</td><td>-564</td><td>9,673</td></tr><tr><td>Oct....</td><td>3,141</td><td>980</td><td>4,120</td><td>239</td><td>*</td><td>9</td><td>248</td><td>3,872</td><td>9</td><td>-276</td><td>3,605</td></tr><tr><td>Nov....</td><td>6,424</td><td>2,513</td><td>8,938</td><td>380</td><td>*</td><td>3</td><td>383</td><td>8,554</td><td>3</td><td>745</td><td>9,302</td></tr></table>
Source: See Table 1. Details of basic receipt figures appear in preceding sections in the Bulletin.
Footnotes follow Table 7.
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 rowspan="2">Fiscal year or month</th><th colspan="3">Expenditures</th><th colspan="2">Less: Deductions from expenditures</th><th rowspan="2">Equals: Federal payments to the public 3/</th><th colspan="3">Reconciliation to cash transactions in the Treasurer's account</th><th rowspan="2">Equals: Cash withdrawals from the Treasurer's account</th></tr><tr><th>Budget 1/</th><th>Trust and deposit fund account 1/</th><th>Government-sponsored enterprise (net) 2/</th><th>Total 1/</th><th>Intra-governmental transactions (See Table 5) 1/</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</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) 1/</th></tr><tr><td>1954</td><td>67,537</td><td>7,186 4/</td><td>-435 4/</td><td>74,288</td><td>1,858</td><td>572</td><td>71,858</td><td>-257</td><td>256</td><td>115</td><td>71,974</td></tr><tr><td>1955</td><td>64,389</td><td>8,531</td><td>98</td><td>73,017</td><td>1,865</td><td>615</td><td>70,537</td><td>312</td><td>230</td><td>-106</td><td>69,888</td></tr><tr><td>1956</td><td>66,224</td><td>9,424 5/</td><td>324</td><td>75,972</td><td>2,412</td><td>943</td><td>72,616</td><td>202</td><td>399</td><td>-31</td><td>71,984</td></tr><tr><td>1957</td><td>68,966</td><td>12,951</td><td>45</td><td>81,962</td><td>2,767</td><td>-811</td><td>80,006</td><td>-5</td><td>549</td><td>-279</td><td>79,183</td></tr><tr><td>1958</td><td>71,369</td><td>16,059</td><td>-629</td><td>86,799</td><td>2,917</td><td>470</td><td>83,412</td><td>-140</td><td>506</td><td>142</td><td>83,188</td></tr><tr><td>1959</td><td>80,342</td><td>18,462</td><td>1,290</td><td>100,095</td><td>3,161</td><td>2,131</td><td>94,804</td><td>23</td><td>646</td><td>-93</td><td>94,042</td></tr><tr><td>1960</td><td>76,539</td><td>20,891 6/</td><td>487</td><td>97,917 6/</td><td>3,167</td><td>449</td><td>94,301</td><td>4</td><td>520</td><td>-269</td><td>93,508</td></tr><tr><td>1961 p....</td><td>81,503</td><td>23,182</td><td>-239</td><td>104,446</td><td>4,170</td><td>985</td><td>99,291</td><td>83</td><td>621</td><td>-303</td><td>98,284</td></tr><tr><td>1962 (Est.)</td><td>88,985</td><td>25,695</td><td>511</td><td>115,191</td><td>4,024</td><td>44</td><td>111,122</td><td>1</td><td>-</td><td>-</td><td>111,122</td></tr><tr><td>1961-Jan.</td><td>6,470</td><td>1,938 6/</td><td>-553</td><td>7,855 6/</td><td>116</td><td>464</td><td>7,275</td><td>-15</td><td>49</td><td>-141</td><td>7,100</td></tr><tr><td>Feb....</td><td>6,236</td><td>2,046</td><td>-135</td><td>8,147</td><td>303</td><td>-23</td><td>7,867</td><td>-1</td><td>59</td><td>438</td><td>8,247</td></tr><tr><td>Mar....</td><td>7,012</td><td>2,059</td><td>-51</td><td>9,019</td><td>203</td><td>556</td><td>8,260</td><td>112</td><td>75</td><td>272</td><td>8,346</td></tr><tr><td>Apr....</td><td>6,450</td><td>2,225 6/</td><td>202</td><td>8,877 6/</td><td>364</td><td>221</td><td>8,292</td><td>-181</td><td>100</td><td>-398</td><td>7,974</td></tr><tr><td>May....</td><td>7,169</td><td>2,033</td><td>58</td><td>9,261</td><td>305</td><td>-507</td><td>9,462</td><td>126</td><td>38</td><td>267</td><td>9,566</td></tr><tr><td>June p..</td><td>7,948</td><td>2,320</td><td>318</td><td>10,586</td><td>1,353</td><td>-213</td><td>9,446</td><td>94</td><td>176</td><td>-302</td><td>8,875</td></tr><tr><td>July....</td><td>6,322</td><td>1,873</td><td>124</td><td>8,319</td><td>189</td><td>229</td><td>7,902</td><td>-163</td><td>59</td><td>-175</td><td>7,831</td></tr><tr><td>Aug....</td><td>7,631</td><td>2,052</td><td>176</td><td>9,859</td><td>298</td><td>-991</td><td>10,552</td><td>52</td><td>96</td><td>755</td><td>11,159</td></tr><tr><td>Sept....</td><td>6,771</td><td>2,204</td><td>188</td><td>9,163</td><td>180</td><td>717</td><td>8,266</td><td>20</td><td>43</td><td>564</td><td>7,639</td></tr><tr><td>Oct....</td><td>7,796</td><td>1,994</td><td>68</td><td>9,858</td><td>239</td><td>234</td><td>9,385</td><td>-30</td><td>14</td><td>-276</td><td>9,124</td></tr><tr><td>Nov....</td><td>7,485</td><td>2,034</td><td>-64</td><td>9,455</td><td>380</td><td>-143</td><td>9,218</td><td>17</td><td>83</td><td>745</td><td>9,863</td></tr></table>
Source: See Table 1. Details of basic expenditure figures appear in preceding sections in the Bulletin.
Footnotes follow Table 7.
December 1961
17
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>Budget receipts which are also trust fund expenditures 1/</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>Total 2/</th></tr><tr><th></th><th></th><th></th><th>Interest on investment in public debt securities</th><th>Interest on unvested trust funds</th><th>Payroll deductions for employees' retirement 2/</th><th>Other 4/</th><th></th></tr><tr><td>1954</td><td>68</td><td>-</td><td>1,188</td><td>5</td><td>430</td><td>167</td><td>1,858</td></tr><tr><td>1955</td><td>81</td><td>1</td><td>1,173</td><td>5</td><td>439</td><td>166</td><td>1,865</td></tr><tr><td>1956</td><td>102</td><td>2</td><td>1,207</td><td>5</td><td>574</td><td>521</td><td>2,412</td></tr><tr><td>1957</td><td>104</td><td>1</td><td>1,318</td><td>6</td><td>644</td><td>695</td><td>2,767</td></tr><tr><td>1958</td><td>221</td><td>1</td><td>1,342</td><td>8</td><td>662</td><td>681</td><td>2,917</td></tr><tr><td>1959</td><td>239</td><td>6</td><td>1,315</td><td>9</td><td>746</td><td>846</td><td>3,161</td></tr><tr><td>1960</td><td>261</td><td>3</td><td>1,327</td><td>10</td><td>747</td><td>819 6/</td><td>3,167</td></tr><tr><td>1961 p.</td><td>298</td><td>3</td><td>1,404</td><td>10</td><td>841</td><td>1,615</td><td>4,170</td></tr><tr><td>1962 (Est.)</td><td>394</td><td>5</td><td>1,443</td><td>12</td><td>861</td><td>1,310</td><td>4,024</td></tr><tr><td>1961-January</td><td>6</td><td>-</td><td>6</td><td>*</td><td>79</td><td>25 6/</td><td>116</td></tr><tr><td>February</td><td>146</td><td>-</td><td>33</td><td>1</td><td>60</td><td>63</td><td>303</td></tr><tr><td>March</td><td>6</td><td>-</td><td>22</td><td>3</td><td>84</td><td>88</td><td>203</td></tr><tr><td>April</td><td>4</td><td>-</td><td>42</td><td>*</td><td>60</td><td>258 6/</td><td>364</td></tr><tr><td>May</td><td>10</td><td>-</td><td>28</td><td>1</td><td>71</td><td>195</td><td>305</td></tr><tr><td>June p.</td><td>9</td><td>-</td><td>848</td><td>*</td><td>86</td><td>411</td><td>1,353</td></tr><tr><td>July</td><td>4</td><td>-</td><td>4</td><td>*</td><td>61</td><td>120</td><td>189</td></tr><tr><td>August</td><td>11</td><td>5</td><td>23</td><td>*</td><td>73</td><td>186</td><td>298</td></tr><tr><td>September</td><td>5</td><td>-</td><td>24</td><td>4</td><td>73</td><td>74</td><td>180</td></tr><tr><td>October</td><td>7</td><td>-</td><td>36</td><td>*</td><td>71</td><td>125</td><td>239</td></tr><tr><td>November</td><td>81</td><td>-</td><td>31</td><td>*</td><td>62</td><td>206</td><td>380</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 rowspan="2">Fiscal year or month</th><th rowspan="2">Net accrued interest on savings bonds and Treasury bills 1/</th><th rowspan="2">Clearing account for public debt interest 2/</th><th colspan="5">Noncash expenditures involving issuance of public debt securities 3/</th><th rowspan="2">Clearing account for checks outstanding, etc. 7/</th><th rowspan="2">Total</th></tr><tr><th>Adjusted service bonds 4/</th><th>Armed Forces leave bonds 5/</th><th>International Monetary Fund</th><th>International Development Association</th><th>Inter-American Development Bank</th></tr><tr><td>1954</td><td>524</td><td>68</td><td>-1</td><td>-14</td><td>109</td><td>-</td><td>-</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>-</td><td>-</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>-</td><td>-</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>-</td><td>-</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>-</td><td>-</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</td><td>-</td><td>-</td><td>-116</td><td>2,131</td></tr><tr><td>1960</td><td>341</td><td>231</td><td>*</td><td>-2</td><td>259</td><td>-</td><td>-</td><td>-380</td><td>449</td></tr><tr><td>1961 p.</td><td>222</td><td>442</td><td>*</td><td>-1</td><td>258</td><td>58</td><td>-</td><td>7</td><td>985</td></tr><tr><td>1962 (Est.)</td><td>425</td><td>-</td><td>*</td><td>-2</td><td>-300</td><td>-50</td><td>25</td><td>-54</td><td>44</td></tr><tr><td>1961-January</td><td>13</td><td>149</td><td>*</td><td>*</td><td>29</td><td>-</td><td>-</td><td>273</td><td>464</td></tr><tr><td>February</td><td>35</td><td>-352</td><td>*</td><td>*</td><td>-</td><td>-</td><td>-</td><td>295</td><td>-23</td></tr><tr><td>March</td><td>-62</td><td>299</td><td>*</td><td>*</td><td>38</td><td>-</td><td>-</td><td>281</td><td>556</td></tr><tr><td>April</td><td>3</td><td>335</td><td>*</td><td>*</td><td>13</td><td>-</td><td>-</td><td>-130</td><td>221</td></tr><tr><td>May</td><td>49</td><td>-367</td><td>*</td><td>*</td><td>-53</td><td>-</td><td>-</td><td>-136</td><td>-507</td></tr><tr><td>June p.</td><td>4</td><td>113</td><td>*</td><td>*</td><td>-</td><td>-</td><td>-</td><td>-329</td><td>-213</td></tr><tr><td>July</td><td>150</td><td>-241</td><td>*</td><td>*</td><td>45</td><td>-</td><td>-</td><td>274</td><td>229</td></tr><tr><td>August</td><td>28</td><td>-388</td><td>*</td><td>*</td><td>-470</td><td>-</td><td>-</td><td>-161</td><td>-991</td></tr><tr><td>September</td><td>71</td><td>383</td><td>*</td><td>*</td><td>-17</td><td>-</td><td>-</td><td>280</td><td>717</td></tr><tr><td>October</td><td>33</td><td>438</td><td>*</td><td>*</td><td>6</td><td>-</td><td>25</td><td>-268</td><td>134</td></tr><tr><td>November</td><td>51</td><td>93</td><td>*</td><td>*</td><td>308</td><td>58</td><td>-</td><td>-652</td><td>-14</td></tr></table>
Source: See Table 1.
Footnotes follow Table 7.
18
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="2">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>1954</td><td>5,189</td><td>-14</td><td>11</td><td>1,686 1/</td><td>-77</td><td>-446 1/</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>2,474</td></tr><tr><td>1956</td><td>-1,623</td><td>173</td><td>872</td><td>2,516 2/</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</td><td>1,625</td><td>1,023</td><td>723</td><td>551</td><td>166</td><td>236</td><td>2,418</td></tr><tr><td>1961 p.</td><td>2,640</td><td>-733</td><td>196</td><td>288</td><td>148</td><td>43</td><td>1,233</td></tr><tr><td>1962 (Est.)</td><td>6,229</td><td>1,190</td><td>361</td><td>22</td><td>220</td><td>-150</td><td>7,689</td></tr><tr><td>1961-January</td><td>-181</td><td>27</td><td>-169</td><td>-866</td><td>-1</td><td>384</td><td>161</td></tr><tr><td>February</td><td>508</td><td>8</td><td>-135</td><td>-78</td><td>13</td><td>*</td><td>447</td></tr><tr><td>March</td><td>-3,072</td><td>-87</td><td>-72</td><td>403</td><td>20</td><td>-2</td><td>-3,633</td></tr><tr><td>April</td><td>516</td><td>-132</td><td>129</td><td>-848</td><td>5</td><td>-73</td><td>1,428</td></tr><tr><td>May</td><td>2,158</td><td>-86</td><td>208</td><td>1,396</td><td>13</td><td>150</td><td>721</td></tr><tr><td>June p.</td><td>-1,175</td><td>29</td><td>219</td><td>670</td><td>-15</td><td>-99</td><td>-1,833</td></tr><tr><td>July</td><td>3,433</td><td>24</td><td>41</td><td>-827</td><td>47</td><td>-83</td><td>4,308</td></tr><tr><td>August</td><td>1,310</td><td>32</td><td>70</td><td>1,377</td><td>20</td><td>-10</td><td>1,211</td></tr><tr><td>September</td><td>35</td><td>108</td><td>305</td><td>-635</td><td>-27</td><td>117</td><td>81</td></tr><tr><td>October</td><td>1,911</td><td>33</td><td>-10</td><td>-847</td><td>19</td><td>-77</td><td>1,839</td></tr><tr><td>November</td><td>1,350</td><td>28</td><td>141</td><td>210</td><td>-19</td><td>205</td><td>1,224</td></tr></table>
<table><tr><th rowspan="2">Fiscal year or month</th><th rowspan="2">Net accrued interest on savings bonds and Treasury bills</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>Adjusted service bonds</th><th>Armed Forces leave bonds</th><th colspan="3">Issuance of public debt securities representing expenditures, or refunds of receipts</th><th>Excess profits tax refund bonds</th><th>Total deductions</th></tr><tr><th></th><th></th><th></th><th></th><th>International Monetary Fund</th><th>International Development Association</th><th>Inter-American Development Bank</th><th></th><th></th><th></th></tr><tr><td>1954</td><td>524</td><td>-1</td><td>-14</td><td>109</td><td>-</td><td>-</td><td>*</td><td>618</td><td>2,512</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>-</td><td>*</td><td>644</td><td>1,809</td><td>1,579</td></tr><tr><td>1956</td><td>45</td><td>*</td><td>-7</td><td>175</td><td>-</td><td>-</td><td>*</td><td>623</td><td>-4,386</td><td>-4,765</td></tr><tr><td>1957</td><td>388</td><td>*</td><td>-6</td><td>-674</td><td>-</td><td>-</td><td>*</td><td>-292</td><td>-3,100</td><td>-3,648</td></tr><tr><td>1958</td><td>254</td><td>*</td><td>-4</td><td>-450</td><td>-</td><td>-</td><td>*</td><td>-200</td><td>5,760</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>-</td><td>*</td><td>2,160</td><td>8,678</td><td>8,032</td></tr><tr><td>1960</td><td>341</td><td>*</td><td>-2</td><td>259</td><td>-</td><td>-</td><td>*</td><td>597</td><td>1,821</td><td>1,301</td></tr><tr><td>1961 p</td><td>222</td><td>*</td><td>-1</td><td>258</td><td>58</td><td>-</td><td>*</td><td>536</td><td>697</td><td>76</td></tr><tr><td>1962 (Est.)</td><td>425</td><td>*</td><td>-2</td><td>-300</td><td>-50</td><td>25</td><td>*</td><td>98</td><td>7,590</td><td>7,591</td></tr><tr><td>1961-January</td><td>13</td><td>*</td><td>*</td><td>29</td><td>-</td><td>-</td><td>*</td><td>42</td><td>119</td><td>71</td></tr><tr><td>February</td><td>15</td><td>*</td><td>*</td><td>-</td><td>-</td><td>-</td><td>*</td><td>34</td><td>412</td><td>354</td></tr><tr><td>March</td><td>-62</td><td>*</td><td>*</td><td>38</td><td>-</td><td>-</td><td>*</td><td>-24</td><td>-3,609</td><td>-3,684</td></tr><tr><td>April</td><td>3</td><td>*</td><td>*</td><td>13</td><td>-</td><td>-</td><td>*</td><td>16</td><td>1,412</td><td>1,311</td></tr><tr><td>May</td><td>4</td><td>*</td><td>*</td><td>-53</td><td>-</td><td>-</td><td>*</td><td>-4</td><td>725</td><td>687</td></tr><tr><td>June p</td><td>4</td><td>*</td><td>*</td><td>-</td><td>-</td><td>-</td><td>*</td><td>3</td><td>-1,686</td><td>-1,662</td></tr><tr><td>July</td><td>150</td><td>*</td><td>*</td><td>45</td><td>-</td><td>-</td><td>*</td><td>195</td><td>4,167</td><td>4,108</td></tr><tr><td>August</td><td>28</td><td>*</td><td>*</td><td>-470</td><td>-</td><td>-</td><td>*</td><td>-442</td><td>563</td><td>46</td></tr><tr><td>September</td><td>71</td><td>*</td><td>*</td><td>-17</td><td>-</td><td>-</td><td>*</td><td>54</td><td>939</td><td>86</td></tr><tr><td>October</td><td>33</td><td>*</td><td>*</td><td>6</td><td>-</td><td>25</td><td>*</td><td>64</td><td>2,775</td><td>2,761</td></tr><tr><td>November</td><td>1</td><td>*</td><td>*</td><td>108</td><td>58</td><td>-</td><td>*</td><td>417</td><td>707</td><td>624</td></tr></table>
Source: See Table 1.
Footnote. on following page.
December 1961
19
CASH INCOME AND OUTGO
Footnotes to Table 3
1/ All previously published figures were revised in the September 1964 Bulletin to take account of the deduction of certain interfund transactions from both net budget receipts and budget expenditures; and also in the July 1961 issue, deductions for certain interfund fund transactions from both trust account receipts and trust account expenditures (see pp. 7, 8, 9, and 10). Formerly such transactions were included in the intragovernmental transactions which were deducted in deriving receipts from and payments to the public.
2/ Treated as noncash refund deductions from receipts when issued and as cash refund deductions when redeemed.
3/ 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. 4/ Figures in this column differ from those published prior to the September 1960 Treasury Bulletin because a few additional items of budget receipts which are also budget expenditures are included in the Interfund transactions deducted from budget receipts and budget expenditures (see footnote 1). 2/ Adjusted for reclassification of certain repayments of advances from the general fund. * Less than $500,000. p Preliminary.
Footnotes to Table 4
1/ See Table 3, footnote 1.
2/ Net operating expenditures, or receipts, are measured by the principle 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 directly borrowing from the public or by cashing federal securities which they hold, and they apply the net income received from operations to repayment of borrowings from the public or to investment in Federal securities. In that basic, net expenditures for operations are shown in this table in terms of the combined net of income from 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 circulation in the market.
3/ See Table 3, footnote 4.
4/ See Table 7, footnote 1.
5/ Does not include revolving fund receipts representing acquired securities amounting to $1,643,070 (par value).
6/ See Table 3, footnote 5.
p Preliminary.
Footnotes to Table 5
1/ Includes reimbursement by Federal Old-Age and Survivors Insurance Trust Fund and Federal Disability Insurance Trust Fund for administrative expenses and beginning with 1959 for refunds of taxes (treated as an offset to refunds rather than being credited to receipts); 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.
2/ Consists of payment of franchise tax by banks for cooperatives beginning
2 Consists of payment of franchise tax by banks for cooperatives beginning 1955, and also by Federal intermediate credit banks beginning January 1959. 3 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 Columbia employees, and
beginning with fiscal year 1959 excludes voluntary contributions. Consists of payments to employees' retirement funds representing: United States and Government corporation shares of contributions; payments to the Railroad Retirement Account (for creditable military service), the Unemployment Trust Fund, veterans' life insurance funds, 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.
5/ Figures in this column differ from those previously published because budget receipts which are also budget expenditures, and trust fund receipts which are also trust fund expenditures are no longer included, see Tables 3 and 4. 
6/ See Table 3, footnote 5. 
* Less than $500,000. p Preliminary.
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 (-).
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.
2. Issued in 1947 in payment for accumulated leave. The last of these bonds matured in 1951.
9. Parts of the United States subscriptions to the International Monetary Fund, the International Development Association, and the Inter-American Development Bank were paid in nonnegotiable, noninterest-bearing notes of the United States, payable on demand. See "Budget Receipts and Expenditures," Table 3, footnote 10.
7. Checks outstanding less deposits in transit, and changes in other accounts; net increase, or decrease (-).
* Less than $500,000.
p Preliminary.
Footnotes to Table 7
In tax tables, in accordance with treatment of Budget documents, net investment in United States securities by Government-owned enterprises include a small amount by their enterprises reported as representing net transactions with the public. In Table 4 under "Trust Account and Other Transactions," these amounts are included with their trust accounts. Do not include investment representing acquired securities amounting to $1,643,970 (par value) and $1 million of securities amounting to $4,900
2. 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.
Treated as a nounced transaction at the time of issuance and a cash transaction at the time of redemption; net issuance, or redemption (-). Excluded from borrowing because the transactions are treated as expenditures in Table 6. Excluded from borrowing because the transactions are treated as deductions from receipts in Table 3. Market transactions in public debt securities and agency billets. Less than $100,000. Preliminary.
20
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
n millions of dollars)
<table><tr><th rowspan="2">End of fiscal year or month</th><th colspan="4">Treasury operating balance</th><th colspan="5">Assets</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>1954</td><td>875</td><td>4,836</td><td>497</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 2/</td><td>6,216 2/</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>240</td><td>9,749</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>1960</td><td>504</td><td>6,458</td><td>106</td><td>7,068</td><td>253</td><td>58</td><td>337</td><td>375</td><td>8,092</td><td>87</td><td>8,005</td></tr><tr><td>1961</td><td>408</td><td>5,453</td><td>109</td><td>5,969</td><td>179</td><td>64</td><td>222</td><td>335</td><td>6,769</td><td>75</td><td>6,694</td></tr><tr><td>1960-December</td><td>485</td><td>5,165</td><td>101</td><td>5,751</td><td>234</td><td>70</td><td>180</td><td>296</td><td>6,531</td><td>119</td><td>6,411</td></tr><tr><td>1961-January</td><td>588</td><td>3,215</td><td>115</td><td>3,919</td><td>247</td><td>111</td><td>259</td><td>376</td><td>4,912</td><td>83</td><td>4,829</td></tr><tr><td>February</td><td>467</td><td>4,881</td><td>112</td><td>5,460</td><td>257</td><td>64</td><td>243</td><td>365</td><td>6,393</td><td>101</td><td>6,292</td></tr><tr><td>March</td><td>443</td><td>3,533</td><td>103</td><td>4,079</td><td>219</td><td>73</td><td>190</td><td>313</td><td>4,874</td><td>80</td><td>4,794</td></tr><tr><td>April</td><td>633</td><td>2,315</td><td>115</td><td>3,062</td><td>199</td><td>55</td><td>391</td><td>407</td><td>4,115</td><td>81</td><td>4,034</td></tr><tr><td>May</td><td>372</td><td>3,994</td><td>122</td><td>4,488</td><td>209</td><td>74</td><td>149</td><td>314</td><td>5,234</td><td>72</td><td>5,162</td></tr><tr><td>June</td><td>408</td><td>5,453</td><td>109</td><td>5,969</td><td>179</td><td>64</td><td>222</td><td>335</td><td>6,769</td><td>75</td><td>6,694</td></tr><tr><td>July</td><td>415</td><td>5,287</td><td>148</td><td>5,850</td><td>225</td><td>58</td><td>182</td><td>346</td><td>6,660</td><td>67</td><td>6,593</td></tr><tr><td>August</td><td>543</td><td>4,745</td><td>108</td><td>5,397</td><td>190</td><td>51</td><td>115</td><td>331</td><td>6,084</td><td>64</td><td>6,020</td></tr><tr><td>September</td><td>348</td><td>7,754</td><td>122</td><td>8,225</td><td>172</td><td>60</td><td>198</td><td>375</td><td>9,031</td><td>75</td><td>8,956</td></tr><tr><td>October</td><td>502</td><td>4,834</td><td>117</td><td>5,452</td><td>180</td><td>56</td><td>183</td><td>394</td><td>6,265</td><td>68</td><td>6,197</td></tr><tr><td>November</td><td>489</td><td>4,930</td><td>109</td><td>5,528</td><td>173</td><td>58</td><td>154</td><td>414</td><td>6,327</td><td>66</td><td>6,261</td></tr></table>
Source: 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'
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 3). An adjustment of - $207 million in the balance in the Treasurer's account (and in the "clearing account") reflects this change.
December 1961
21
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="4">Credits</th><th colspan="2">Taxes</th><th rowspan="2">Total credits</th><th rowspan="2">Withdrawals</th><th rowspan="2">End of period</th><th colspan="3">Balance During period</th></tr><tr><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>High</th><th>Low</th><th>Average</th></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>42,074</td><td>42,545</td><td>4,369</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>39,140</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>2,824</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>62,994</td><td>3,744</td><td>8,055</td><td>912</td><td>3,638</td></tr><tr><td>1960</td><td>2,679</td><td>-</td><td>7,784</td><td>7,920</td><td>33,059</td><td>6,053</td><td>57,496</td><td>54,782</td><td>6,458</td><td>6,458</td><td>1,390</td><td>4,103</td></tr><tr><td>1961</td><td>2,787</td><td>-</td><td>7,613</td><td>1,788</td><td>34,511</td><td>9,142</td><td>55,842</td><td>56,847</td><td>5,453</td><td>7,653</td><td>1,161</td><td>4,151</td></tr><tr><td>1960-December</td><td>222</td><td>-</td><td>-</td><td>1</td><td>3,242</td><td>1,561</td><td>5,026</td><td>4,379</td><td>5,165</td><td>5,362</td><td>2,084</td><td>3,809</td></tr><tr><td>1961-January</td><td>318</td><td>-</td><td>-</td><td>-</td><td>1,334</td><td>56</td><td>1,707</td><td>3,657</td><td>3,215</td><td>5,138</td><td>2,637</td><td>3,414</td></tr><tr><td>February</td><td>261</td><td>-</td><td>-</td><td>-</td><td>3,864</td><td>-</td><td>4,125</td><td>2,458</td><td>4,881</td><td>4,957</td><td>2,976</td><td>3,812</td></tr><tr><td>March</td><td>257</td><td>-</td><td>-</td><td>-</td><td>3,490</td><td>1,825</td><td>5,572</td><td>6,921</td><td>3,533</td><td>4,926</td><td>2,310</td><td>3,705</td></tr><tr><td>April</td><td>223</td><td>-</td><td>743</td><td>-</td><td>1,142</td><td>37</td><td>2,145</td><td>3,363</td><td>2,315</td><td>4,321</td><td>1,161</td><td>2,171</td></tr><tr><td>May</td><td>228</td><td>-</td><td>-</td><td>-</td><td>4,149</td><td>-</td><td>4,377</td><td>2,697</td><td>3,994</td><td>4,801</td><td>2,519</td><td>3,765</td></tr><tr><td>June</td><td>220</td><td>-</td><td>-</td><td>1,788</td><td>3,594</td><td>1,800</td><td>7,101</td><td>5,943</td><td>5,453</td><td>5,453</td><td>1,250</td><td>3,572</td></tr><tr><td>July</td><td>229</td><td>-</td><td>3,442</td><td>-</td><td>1,368</td><td>37</td><td>5,076</td><td>5,142</td><td>5,287</td><td>5,360</td><td>2,010</td><td>3,739</td></tr><tr><td>August</td><td>235</td><td>-</td><td>-</td><td>-</td><td>4,158</td><td>-</td><td>4,393</td><td>4,934</td><td>4,745</td><td>5,291</td><td>3,808</td><td>4,581</td></tr><tr><td>September</td><td>208</td><td>-</td><td>2,457</td><td>-</td><td>3,515</td><td>1,243</td><td>7,422</td><td>4,413</td><td>7,754</td><td>7,754</td><td>2,408</td><td>4,277</td></tr><tr><td>October</td><td>226</td><td>-</td><td>1,77</td><td>1,654</td><td>1,320</td><td>30</td><td>3,229</td><td>6,149</td><td>4,834</td><td>7,344</td><td>4,834</td><td>5,924</td></tr><tr><td>November</td><td>224</td><td>-</td><td>-</td><td>-</td><td>3,919</td><td>-</td><td>4,143</td><td>4,047</td><td>4,930</td><td>5,460</td><td>4,074</td><td>4,873</td></tr></table>
Source: Office of Fiscal Assistant Secretary; figures are on basis of telegraphic reports.
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.
Special depositaries are permitted to make payment in the form of a deposit credit for the purchase price of U. S. 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 circulars inviting subscriptions to the issues.
2/ Taxes eligible for credit consist of those deposited by taxpayers in the depositary banks, as follows: Withheld income tax beginning
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 depository 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.
22
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="2">Total outstanding</th><th colspan="3">Interest-bearing debt</th><th colspan="6">Matured debt and debt bearing no interest</th></tr><tr><th>Total 1/</th><th>Public debt 2/</th><th>Guaranteed securities 2/</th><th>Total</th><th>Public debt</th><th>Guaranteed securities 2/ 4/</th><th>Total</th><th>Total</th><th colspan="3">Public debt</th><th>Guaranteed securities 2/ (matured)</th></tr><tr><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th>Matured</th><th>Monetary Fund</th><th>Special notes to - 2/ Development Association</th><th>Inter-American Development Bank</th><th>Other 5/</th><th></th></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>-</td><td>-</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>-</td><td>-</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>-</td><td>-</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>-</td><td>-</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>-</td><td>-</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>281,833</td><td>110</td><td>2,873</td><td>2,873</td><td>476</td><td>1,979</td><td>-</td><td>-</td><td>417</td><td>1</td></tr><tr><td>1960</td><td>286,471</td><td>286,331</td><td>140</td><td>283,380</td><td>283,241</td><td>139</td><td>3,090</td><td>3,090</td><td>445</td><td>2,38</td><td>-</td><td>-</td><td>407</td><td>1</td></tr><tr><td>1961</td><td>289,211</td><td>288,971</td><td>240</td><td>285,911</td><td>285,672</td><td>240</td><td>3,300</td><td>3,299</td><td>349</td><td>2,446</td><td>58</td><td>-</td><td>396</td><td>1</td></tr><tr><td>1960-December</td><td>290,373</td><td>290,217</td><td>156</td><td>286,975</td><td>286,820</td><td>155</td><td>3,397</td><td>3,396</td><td>469</td><td>2,469</td><td>58</td><td>-</td><td>401</td><td>1</td></tr><tr><td>1961-January</td><td>290,196</td><td>290,036</td><td>160</td><td>286,810</td><td>286,651</td><td>159</td><td>3,386</td><td>3,385</td><td>429</td><td>2,498</td><td>58</td><td>-</td><td>400</td><td>2</td></tr><tr><td>February</td><td>290,740</td><td>290,544</td><td>196</td><td>287,384</td><td>287,190</td><td>195</td><td>3,356</td><td>3,354</td><td>399</td><td>2,498</td><td>58</td><td>-</td><td>399</td><td>2</td></tr><tr><td>March</td><td>287,682</td><td>287,471</td><td>211</td><td>284,268</td><td>284,058</td><td>210</td><td>3,414</td><td>3,414</td><td>420</td><td>2,536</td><td>58</td><td>-</td><td>400</td><td>1</td></tr><tr><td>April</td><td>288,206</td><td>287,987</td><td>219</td><td>284,849</td><td>284,631</td><td>218</td><td>3,357</td><td>3,356</td><td>352</td><td>2,549</td><td>58</td><td>-</td><td>397</td><td>1</td></tr><tr><td>May</td><td>290,371</td><td>290,146</td><td>225</td><td>287,070</td><td>286,845</td><td>225</td><td>3,301</td><td>3,300</td><td>349</td><td>2,496</td><td>58</td><td>-</td><td>398</td><td>1</td></tr><tr><td>June</td><td>289,211</td><td>288,971</td><td>240</td><td>285,911</td><td>285,672</td><td>240</td><td>3,300</td><td>3,299</td><td>349</td><td>2,496</td><td>58</td><td>-</td><td>396</td><td>1</td></tr><tr><td>July</td><td>292,647</td><td>292,404</td><td>239</td><td>289,235</td><td>288,998</td><td>237</td><td>3,407</td><td>3,400</td><td>315</td><td>2,541</td><td>58</td><td>-</td><td>493</td><td>1</td></tr><tr><td>August</td><td>293,964</td><td>293,714</td><td>249</td><td>290,907</td><td>290,659</td><td>248</td><td>3,057</td><td>3,056</td><td>436</td><td>2,071</td><td>58</td><td>-</td><td>491</td><td>1</td></tr><tr><td>September</td><td>294,020</td><td>293,750</td><td>271</td><td>291,043</td><td>290,773</td><td>270</td><td>2,978</td><td>2,977</td><td>375</td><td>2,054</td><td>58</td><td>-</td><td>490</td><td>1</td></tr><tr><td>October</td><td>295,959</td><td>295,660</td><td>299</td><td>293,007</td><td>292,709</td><td>298</td><td>2,952</td><td>2,951</td><td>321</td><td>2,060</td><td>58</td><td>25</td><td>488</td><td>1</td></tr><tr><td>November</td><td>297,325</td><td>297,011</td><td>315</td><td>293,918</td><td>293,604</td><td>314</td><td>3,407</td><td>3,407</td><td>410</td><td>2,368</td><td>115</td><td>25</td><td>488</td><td>*</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 for advances to certain wholly owned Government agencies in exchange for which their obligations were issued to the Treasury (see Table 6).
2/ Held outside the Treasury.
4/ Consists of Federal Housing Administration debentures, and also D. C. Armory Board stadium bonds beginning July 1959.
5/ Special notes of the United States issued to the International Monetary Fund, the International Development Association, and the Inter-American Development Bank in payment of part of the U. S. subscription to each (see "Budget Receipts and Expenditures," Table 3, footnote 10).
6/ For current month detail, see "Statutory Debt Limitation," Table 2.
* Less than $00,000.
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="2">Amount outstanding</th><th colspan="2">Computed annual interest charge</th><th rowspan="2">Total interest-bearing securities</th><th colspan="6">Computed annual interest rate</th></tr><tr><th>Public debt and guaranteed securities 1/</th><th>Public debt</th><th>Public debt and guaranteed securities 1/</th><th>Public debt</th><th>Total public debt</th><th>Total 2/</th><th>Bills 3/</th><th>Certificate</th><th>Notes</th><th>Treasury bonds 4/</th><th>Non-marketable issues</th><th>Special issues</th><th>Guaranteed securities 1/</th></tr><tr><td>1954</td><td>268,990</td><td>268,910</td><td>6,300</td><td>6,298</td><td>2,342</td><td>2,342</td><td>2,143</td><td>.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>271,741</td><td>6,388</td><td>6,387</td><td>2,351</td><td>2,351</td><td>2,079</td><td>1,539</td><td>1,173</td><td>1,846</td><td>2,480</td><td>2,789</td><td>2,585</td><td>2,590</td></tr><tr><td>1956</td><td>269,956</td><td>269,883</td><td>6,952</td><td>6,950</td><td>2,576</td><td>2,576</td><td>2,427</td><td>2,644</td><td>2,625</td><td>2,075</td><td>2,485</td><td>2,824</td><td>2,706</td><td>2,606</td></tr><tr><td>1957</td><td>268,592</td><td>268,486</td><td>7,328</td><td>7,325</td><td>2,730</td><td>2,730</td><td>2,707</td><td>3,197</td><td>3,341</td><td>2,504</td><td>2,482</td><td>2,853</td><td>2,631</td><td>2,611</td></tr><tr><td>1958</td><td>274,798</td><td>274,648</td><td>7,245</td><td>7,245</td><td>2,638</td><td>2,638</td><td>2,546</td><td>1,033</td><td>3,330</td><td>2,804</td><td>2,576</td><td>2,992</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>8,066</td><td>2,867</td><td>2,867</td><td>2,891</td><td>3,316</td><td>2,844</td><td>3,304</td><td>2,619</td><td>2,925</td><td>2,694</td><td>2,628</td></tr><tr><td>1960</td><td>283,380</td><td>283,241</td><td>9,320</td><td>9,316</td><td>3,297</td><td>3,297</td><td>3,449</td><td>3,815</td><td>4,721</td><td>4,058</td><td>2,639</td><td>3,219</td><td>2,772</td><td>2,681</td></tr><tr><td>1961</td><td>285,911</td><td>285,672</td><td>8,769</td><td>8,761</td><td>3,072</td><td>3,072</td><td>3,043</td><td>2,584</td><td>3,073</td><td>3,704</td><td>2,829</td><td>3,330</td><td>2,803</td><td>3,144</td></tr><tr><td>1960-December</td><td>286,975</td><td>286,820</td><td>8,981</td><td>8,976</td><td>3,137</td><td>3,137</td><td>3,188</td><td>2,915</td><td>4,032</td><td>3,772</td><td>2,749</td><td>3,249</td><td>2,784</td><td>2,924</td></tr><tr><td>1961-January</td><td>286,810</td><td>286,651</td><td>8,924</td><td>8,20</td><td>3,118</td><td>3,118</td><td>3,160</td><td>2,786</td><td>4,032</td><td>3,771</td><td>2,750</td><td>3,253</td><td>2,775</td><td>2,937</td></tr><tr><td>February</td><td>287,384</td><td>287,190</td><td>8,834</td><td>8,828</td><td>3,081</td><td>3,081</td><td>3,101</td><td>2,787</td><td>3,524</td><td>3,705</td><td>2,750</td><td>3,257</td><td>2,778</td><td>3,113</td></tr><tr><td>March</td><td>284,268</td><td>284,058</td><td>8,821</td><td>8,815</td><td>3,109</td><td>3,109</td><td>3,140</td><td>2,780</td><td>3,524</td><td>3,720</td><td>2,831</td><td>3,261</td><td>2,791</td><td>3,059</td></tr><tr><td>April</td><td>284,849</td><td>284,631</td><td>8,789</td><td>8,782</td><td>3,091</td><td>3,091</td><td>3,112</td><td>2,656</td><td>3,524</td><td>3,727</td><td>2,829</td><td>3,267</td><td>2,784</td><td>3,089</td></tr><tr><td>May</td><td>287,070</td><td>286,845</td><td>8,812</td><td>8,805</td><td>3,075</td><td>3,075</td><td>3,068</td><td>2,629</td><td>3,073</td><td>3,705</td><td>2,829</td><td>3,328</td><td>2,802</td><td>3,112</td></tr><tr><td>June</td><td>285,911</td><td>285,672</td><td>8,761</td><td>8,761</td><td>3,072</td><td>3,072</td><td>3,063</td><td>2,584</td><td>3,073</td><td>3,704</td><td>2,829</td><td>3,330</td><td>2,803</td><td>3,144</td></tr><tr><td>July</td><td>289,235</td><td>288,908</td><td>8,841</td><td>8,841</td><td>3,082</td><td>3,082</td><td>3,148</td><td>2,561</td><td>3,73</td><td>3,713</td><td>2,830</td><td>3,332</td><td>2,811</td><td>3,155</td></tr><tr><td>August</td><td>290,907</td><td>290,659</td><td>8,950</td><td>8,942</td><td>3,096</td><td>3,096</td><td>3,072</td><td>2,584</td><td>3,000</td><td>3,662</td><td>2,842</td><td>3,329</td><td>2,835</td><td>3,159</td></tr><tr><td>September</td><td>291,067</td><td>290,773</td><td>8,93</td><td>8,93</td><td>3,090</td><td>3,090</td><td>3,093</td><td>2,609</td><td>3,000</td><td>3,657</td><td>2,890</td><td>3,330</td><td>2,827</td><td>3,211</td></tr><tr><td>October</td><td>293,072</td><td>292,709</td><td>9,039</td><td>9,049</td><td>3,098</td><td>3,098</td><td>3,098</td><td>2,628</td><td>3,000</td><td>3,636</td><td>2,889</td><td>3,338</td><td>2,815</td><td>3,244</td></tr><tr><td>November</td><td>293,918</td><td>293,644</td><td>9,164</td><td>9,150</td><td>3,123</td><td>3,123</td><td>3,133</td><td>2,647</td><td>3,001</td><td>3,611</td><td>2,961</td><td>3,338</td><td>2,817</td><td>3,318</td></tr><tr><td>December</td><td>294,689</td><td>294,689</td><td>9,25</td><td>9,25</td><td>3,24</td><td>3,24</td><td>3,24</td><td>2,647</td><td>3,001</td><td>3,611</td><td>2,961</td><td>3,338</td><td>2,817</td><td>3,318</td></tr></table>
Source: Daily 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 that date (the amount actually borrowed in the case of securities sold at a premium or discount, beginning with May 1960). The aggregate charge for all interest-bearing issues 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 data 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/ Includes only guaranteed securities held outside the Treasury.
2/ Total includes "Other bonds" through May 1961; 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.
4/ On United States savings bonds the rate to maturity is applied against the amount outstanding.
December 1961
23
DEBT OUTSTANDING
Table 3.- Interest-Bearing Public Debt
(In millions of dollars)
<table><tr><th rowspan="2">End of fiscal year or month</th><th rowspan="2">Total interest-bearing public debt</th><th rowspan="2">Total public issues</th><th colspan="8">Marketable</th><th colspan="5">Nonmarketable</th><th rowspan="2">Special issues</th></tr><tr><th>Total</th><th>Bills</th><th>Certificates</th><th>Notes</th><th>Treasury bonds</th><th>Other bonds</th><th>Total</th><th>U. S. savings bonds</th><th>Treasury bonds, investment series</th><th>Depository bonds</th><th>Other</th></tr><tr><th></th><th></th><th></th><th colspan="2"></th><th>Bank eligible</th><th>Bank restricted 1/</th><th>2/</th><th colspan="4"></th><th>3/</th></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>76,326</td><td>58,061</td><td>12,775</td><td>411</td><td>5,079</td><td>42,229</td></tr><tr><td>1955</td><td>271,741</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>12,589</td><td>417</td><td>1,913</td><td>43,250</td></tr><tr><td>1956</td><td>269,883</td><td>224,769</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>57,497</td><td>12,009</td><td>310</td><td>-</td><td>45,114</td></tr><tr><td>1957</td><td>268,486</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>11,135</td><td>196</td><td>-</td><td>46,827</td></tr><tr><td>1958</td><td>274,658</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>9,621</td><td>171</td><td>-</td><td>46,246</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>8,365</td><td>183</td><td>-</td><td>44,756</td></tr><tr><td>1960</td><td>283,241</td><td>238,342</td><td>183,845</td><td>33,415</td><td>17,650</td><td>51,483</td><td>81,247</td><td>-</td><td>50</td><td>54,497</td><td>47,544</td><td>6,783</td><td>170</td><td>-</td><td>44,899</td></tr><tr><td>1961</td><td>285,672</td><td>240,629</td><td>187,148</td><td>36,723</td><td>13,338</td><td>56,257</td><td>80,830</td><td>-</td><td>-</td><td>53,481</td><td>47,514</td><td>5,830</td><td>117</td><td>19</td><td>45,043</td></tr><tr><td>1960-Dec....</td><td>286,820</td><td>242,474</td><td>189,015</td><td>39,446</td><td>18,442</td><td>51,284</td><td>79,794</td><td>-</td><td>50</td><td>53,459</td><td>47,159</td><td>6,152</td><td>137</td><td>11</td><td>44,346</td></tr><tr><td>1961-Jan....</td><td>286,651</td><td>242,827</td><td>189,320</td><td>39,744</td><td>18,442</td><td>51,309</td><td>79,776</td><td>-</td><td>50</td><td>53,507</td><td>47,243</td><td>6,115</td><td>136</td><td>13</td><td>43,824</td></tr><tr><td>Feb....</td><td>287,190</td><td>243,462</td><td>189,919</td><td>39,942</td><td>11,503</td><td>58,661</td><td>79,763</td><td>-</td><td>50</td><td>53,544</td><td>47,327</td><td>6,076</td><td>127</td><td>14</td><td>43,727</td></tr><tr><td>Mar....</td><td>284,058</td><td>240,057</td><td>186,520</td><td>36,511</td><td>11,503</td><td>57,833</td><td>80,623</td><td>-</td><td>50</td><td>53,537</td><td>47,395</td><td>6,005</td><td>121</td><td>16</td><td>44,001</td></tr><tr><td>Apr....</td><td>284,631</td><td>241,619</td><td>188,147</td><td>38,213</td><td>11,503</td><td>57,518</td><td>80,864</td><td>-</td><td>50</td><td>53,471</td><td>47,420</td><td>5,914</td><td>121</td><td>16</td><td>43,012</td></tr><tr><td>May....</td><td>286,845</td><td>242,342</td><td>188,893</td><td>38,411</td><td>13,338</td><td>56,246</td><td>80,849</td><td>-</td><td>50</td><td>53,449</td><td>47,461</td><td>5,850</td><td>119</td><td>18</td><td>44,503</td></tr><tr><td>June....</td><td>285,672</td><td>240,629</td><td>187,148</td><td>36,723</td><td>13,338</td><td>56,257</td><td>80,830</td><td>-</td><td>-</td><td>53,481</td><td>47,514</td><td>5,830</td><td>117</td><td>19</td><td>45,043</td></tr><tr><td>July....</td><td>288,998</td><td>244,800</td><td>191,275</td><td>40,828</td><td>13,338</td><td>56,295</td><td>80,814</td><td>-</td><td>-</td><td>53,525</td><td>47,574</td><td>5,792</td><td>138</td><td>20</td><td>44,198</td></tr><tr><td>Aug....</td><td>290,659</td><td>245,086</td><td>191,138</td><td>40,928</td><td>5,509</td><td>65,048</td><td>79,653</td><td>-</td><td>-</td><td>53,948</td><td>47,640</td><td>5,701</td><td>136</td><td>470</td><td>45,375</td></tr><tr><td>Sept....</td><td>290,773</td><td>245,766</td><td>191,925</td><td>41,939</td><td>5,509</td><td>65,188</td><td>79,289</td><td>-</td><td>-</td><td>53,841</td><td>47,670</td><td>5,551</td><td>149</td><td>471</td><td>45,007</td></tr><tr><td>Oct....</td><td>292,709</td><td>248,819</td><td>195,234</td><td>42,641</td><td>5,509</td><td>67,807</td><td>79,277</td><td>-</td><td>-</td><td>53,585</td><td>47,743</td><td>5,167</td><td>157</td><td>518</td><td>43,890</td></tr><tr><td>Nov....</td><td>293,604</td><td>249,387</td><td>195,643</td><td>43,442</td><td>5,509</td><td>71,488</td><td>75,204</td><td>-</td><td>-</td><td>53,744</td><td>47,824</td><td>5,123</td><td>153</td><td>643</td><td>44,217</td></tr></table>
Source: Daily Treasury statement.
1/ Issues which commercial banks (banks accepting demsnd 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.
2/ Consists of Panama Canal bonds through May 1961, and also postal savings bonds until the last of these bonds matured on July 1, 1959. 3/ Consists of Treasury savings notes (1954 and 1955); Treasury bonds, R. E.A. series beginning July 1960; certificates of indebtedness - foreign series beginning August 1961; and the dollar equivalent of certificates of indebtedness, foreign currency series issued and payable in Swiss francs beginning October 1961.
Table 4.- Average Length and Maturity Distribution of Marketable Interest-Bearing Public Debt
(In millions of dollars)
<table><tr><th rowspan="2">End of fiscal year or month</th><th rowspan="2">Amount outstanding</th><th colspan="5">Maturity classes</th><th rowspan="2">Average length</th></tr><tr><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></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>1960</td><td>183,845</td><td>70,467</td><td>72,844</td><td>20,246</td><td>12,630</td><td>7,658</td><td>4 yrs. 4 mos.</td></tr><tr><td>1961</td><td>187,148</td><td>81,120</td><td>58,400</td><td>26,435</td><td>10,233</td><td>10,960</td><td>4 yrs. 6 mos.</td></tr><tr><td>1960-December</td><td>189,015</td><td>75,315</td><td>70,812</td><td>18,684</td><td>13,224</td><td>10,979</td><td>4 yrs. 7 mos.</td></tr><tr><td>1961-January</td><td>189,320</td><td>75,613</td><td>70,836</td><td>18,684</td><td>13,211</td><td>10,976</td><td>4 yrs. 6 mos.</td></tr><tr><td>February</td><td>189,919</td><td>80,054</td><td>67,007</td><td>18,683</td><td>13,203</td><td>10,973</td><td>4 yrs. 6 mos.</td></tr><tr><td>March</td><td>186,520</td><td>76,622</td><td>61,007</td><td>27,658</td><td>10,262</td><td>10,970</td><td>4 yrs. 7 mos.</td></tr><tr><td>April</td><td>188,147</td><td>78,731</td><td>60,541</td><td>27,654</td><td>10,254</td><td>10,968</td><td>4 yrs. 6 mos.</td></tr><tr><td>May</td><td>188,893</td><td>78,896</td><td>62,349</td><td>26,438</td><td>10,245</td><td>10,965</td><td>4 yrs. 6 mos.</td></tr><tr><td>June</td><td>187,148</td><td>81,120</td><td>58,400</td><td>26,435</td><td>10,233</td><td>10,960</td><td>4 yrs. 6 mos.</td></tr><tr><td>July</td><td>191,275</td><td>85,224</td><td>58,437</td><td>25,433</td><td>10,225</td><td>10,956</td><td>4 yrs. 4 mos.</td></tr><tr><td>August</td><td>191,138</td><td>80,675</td><td>63,607</td><td>25,693</td><td>10,212</td><td>10,952</td><td>4 yrs. 4 mos.</td></tr><tr><td>September</td><td>191,925</td><td>81,334</td><td>63,747</td><td>21,934</td><td>11,479</td><td>13,431</td><td>4 yrs. 8 mos.</td></tr><tr><td>October</td><td>195,234</td><td>82,578</td><td>65,828</td><td>21,137</td><td>11,469</td><td>13,428</td><td>4 yrs. 7 mos.</td></tr><tr><td>November</td><td>195,643</td><td>83,641</td><td>67,105</td><td>19,487</td><td>11,982</td><td>13,448</td><td>4 yrs. 7 mos.</td></tr></table>
Source: Office of Debt Analysis in the Office of the Secretary. 1/ All issues classified to final maturity except partially
tax-exempt bonds, which are classified to earliest call date.
24
Treasury Bulletin
DEBT OUTSTANDING
Table 5.- Special Public Debt 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>High-way Trust Fund</th><th>National Service Life Insurance Fund</th><th>Postal Savings System 1/</th><th>Rail-road Retirement Account</th><th>Unemployment Trust Fund</th><th>Other 2/</th></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>1,234</td><td>-</td><td>5,272</td><td>213</td><td>3,344</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>94</td><td>6,168</td><td>1,233</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>713</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>1960</td><td>44,899</td><td>694</td><td>2,017</td><td>59</td><td>16,413</td><td>104</td><td>9,397</td><td>1,107</td><td>1</td><td>5,803</td><td>-</td><td>3,586</td><td>5,580</td><td>138</td></tr><tr><td>1961</td><td>45,043</td><td>556</td><td>2,299</td><td>50</td><td>16,200</td><td>138</td><td>10,414</td><td>1,071</td><td>234</td><td>5,759</td><td>-</td><td>3,504</td><td>4,625</td><td>192</td></tr><tr><td>1960-December</td><td>44,346</td><td>618</td><td>2,093</td><td>50</td><td>15,782</td><td>107</td><td>9,774</td><td>1,078</td><td>56</td><td>5,760</td><td>-</td><td>3,335</td><td>5,547</td><td>147</td></tr><tr><td>1961-January</td><td>43,824</td><td>647</td><td>2,077</td><td>342</td><td>15,342</td><td>112</td><td>9,844</td><td>1,074</td><td>72</td><td>5,754</td><td>-</td><td>3,254</td><td>5,159</td><td>150</td></tr><tr><td>February</td><td>43,727</td><td>662</td><td>2,091</td><td>281</td><td>15,238</td><td>116</td><td>9,915</td><td>1,053</td><td>71</td><td>5,650</td><td>-</td><td>3,225</td><td>5,273</td><td>152</td></tr><tr><td>March</td><td>44,001</td><td>622</td><td>2,183</td><td>166</td><td>15,902</td><td>122</td><td>9,983</td><td>1,056</td><td>71</td><td>5,619</td><td>-</td><td>3,199</td><td>4,879</td><td>180</td></tr><tr><td>April</td><td>43,012</td><td>567</td><td>2,177</td><td>70</td><td>15,593</td><td>127</td><td>10,039</td><td>1,052</td><td>126</td><td>5,620</td><td>-</td><td>3,113</td><td>4,343</td><td>185</td></tr><tr><td>May</td><td>44,503</td><td>551</td><td>2,250</td><td>182</td><td>16,430</td><td>134</td><td>10,093</td><td>1,048</td><td>155</td><td>5,622</td><td>-</td><td>3,099</td><td>4,749</td><td>189</td></tr><tr><td>June</td><td>45,043</td><td>556</td><td>2,299</td><td>50</td><td>16,200</td><td>138</td><td>10,414</td><td>1,071</td><td>234</td><td>5,759</td><td>-</td><td>3,504</td><td>4,625</td><td>192</td></tr><tr><td>July</td><td>44,198</td><td>556</td><td>2,277</td><td>50</td><td>15,666</td><td>146</td><td>10,466</td><td>1,041</td><td>237</td><td>5,665</td><td>-</td><td>3,418</td><td>4,497</td><td>191</td></tr><tr><td>August</td><td>45,573</td><td>563</td><td>2,350</td><td>50</td><td>16,439</td><td>150</td><td>10,561</td><td>1,038</td><td>228</td><td>5,667</td><td>-</td><td>3,398</td><td>4,937</td><td>191</td></tr><tr><td>September</td><td>45,007</td><td>561</td><td>2,338</td><td>150</td><td>16,068</td><td>150</td><td>10,576</td><td>1,035</td><td>166</td><td>5,670</td><td>-</td><td>3,375</td><td>4,728</td><td>191</td></tr><tr><td>October</td><td>43,890</td><td>523</td><td>2,307</td><td>51</td><td>15,402</td><td>120</td><td>10,601</td><td>1,032</td><td>140</td><td>5,676</td><td>-</td><td>3,260</td><td>4,593</td><td>184</td></tr><tr><td>November</td><td>44,217</td><td>540</td><td>2,315</td><td>208</td><td>15,441</td><td>120</td><td>10,651</td><td>1,029</td><td>74</td><td>5,681</td><td>-</td><td>3,189</td><td>4,813</td><td>156</td></tr></table>
Source: Daily Treasury statement. 1/ Consists of Canal Zone Postal Savings System beginning April 1958 through July 1959. 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.
December 1961
25
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>Total</th><th colspan="3">Agriculture Department</th><th>Export Import Bank of Washington 2/</th><th colspan="3">Housing and Home Finance Agency</th><th>Agency for International Development 5/</th><th>Reconstruction Finance Corporation 6/</th><th>Saint Lawrence Seaway Development Corporation</th><th>Tenn. Valley Authority</th><th>Veterans Administration: Direct loan program</th><th>Under Defense: Production Act of 1950 7/</th><th>Other 8/</th></tr><tr><th></th><th></th><th>Commodity Credit Corporation</th><th>Rural Electrification Administration</th><th>Secretary: Farmers' Home Administration programs 1/</th><th></th><th>Administrator 2/</th><th>Federal National Mortgage Association 4/</th><th>Public Housing Administration</th><th></th><th></th><th></th><th></th><th></th><th></th><th></th></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>1,198</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>1960</td><td>25,636</td><td>12,704</td><td>3,155</td><td>369</td><td>1,636</td><td>977</td><td>2,338</td><td>29</td><td>1,138</td><td>-</td><td>118</td><td>-</td><td>1,180</td><td>1,970</td><td>21</td></tr><tr><td>1961</td><td>26,011</td><td>11,534</td><td>3,332</td><td>456</td><td>1,698</td><td>1,213</td><td>3,202</td><td>32</td><td>1,107</td><td>-</td><td>121</td><td>-</td><td>1,330</td><td>1,964</td><td>22</td></tr><tr><td>1960-Dec.</td><td>25,976</td><td>11,785</td><td>3,247</td><td>372</td><td>1,622</td><td>1,122</td><td>3,263</td><td>35</td><td>1,126</td><td>-</td><td>119</td><td>-</td><td>1,280</td><td>1,984</td><td>20</td></tr><tr><td>1961-Jan.</td><td>26,451</td><td>12,051</td><td>3,327</td><td>421</td><td>1,633</td><td>1,140</td><td>3,273</td><td>32</td><td>1,124</td><td>-</td><td>120</td><td>-</td><td>1,329</td><td>1,980</td><td>21</td></tr><tr><td>Feb.</td><td>26,542</td><td>12,056</td><td>3,327</td><td>480</td><td>1,667</td><td>1,150</td><td>3,251</td><td>32</td><td>1,124</td><td>-</td><td>120</td><td>-</td><td>1,329</td><td>1,985</td><td>21</td></tr><tr><td>Mar.</td><td>26,684</td><td>12,103</td><td>3,327</td><td>513</td><td>1,672</td><td>1,178</td><td>3,257</td><td>33</td><td>1,124</td><td>-</td><td>120</td><td>-</td><td>1,329</td><td>2,008</td><td>21</td></tr><tr><td>Apr.</td><td>26,986</td><td>12,308</td><td>3,387</td><td>541</td><td>1,691</td><td>1,196</td><td>3,232</td><td>35</td><td>1,123</td><td>-</td><td>120</td><td>-</td><td>1,330</td><td>2,001</td><td>21</td></tr><tr><td>May.</td><td>27,471</td><td>12,753</td><td>3,387</td><td>540</td><td>1,695</td><td>1,241</td><td>3,224</td><td>40</td><td>1,119</td><td>-</td><td>120</td><td>-</td><td>1,330</td><td>1,999</td><td>22</td></tr><tr><td>June.</td><td>26,011</td><td>11,534</td><td>3,332</td><td>456</td><td>1,698</td><td>1,213</td><td>3,202</td><td>32</td><td>1,107</td><td>-</td><td>121</td><td>-</td><td>1,330</td><td>1,964</td><td>22</td></tr><tr><td>July.</td><td>25,536</td><td>10,639</td><td>3,407</td><td>515</td><td>1,756</td><td>1,224</td><td>3,297</td><td>45</td><td>1,106</td><td>-</td><td>121</td><td>-</td><td>1,430</td><td>1,973</td><td>23</td></tr><tr><td>Aug.</td><td>26,152</td><td>11,015</td><td>3,407</td><td>547</td><td>1,817</td><td>1,258</td><td>3,305</td><td>52</td><td>1,106</td><td>-</td><td>121</td><td>-</td><td>1,530</td><td>1,973</td><td>23</td></tr><tr><td>Sept.</td><td>26,068</td><td>10,874</td><td>3,407</td><td>547</td><td>1,905</td><td>1,269</td><td>3,263</td><td>46</td><td>1,105</td><td>-</td><td>121</td><td>-</td><td>1,530</td><td>1,981</td><td>22</td></tr><tr><td>Oct.</td><td>26,938</td><td>11,446</td><td>3,487</td><td>579</td><td>1,978</td><td>1,319</td><td>3,322</td><td>51</td><td>1,105</td><td>-</td><td>121</td><td>-</td><td>1,530</td><td>1,978</td><td>21</td></tr><tr><td>Nov.</td><td>27,427</td><td>11,727</td><td>3,487</td><td>627</td><td>2,040</td><td>1,350</td><td>3,392</td><td>50</td><td>1,105</td><td>-</td><td>121</td><td>-</td><td>1,530</td><td>1,978</td><td>21</td></tr></table>
Source: Daily Treasury statement.
Note: These securities were issued to the Treasury in exchange for advances by the Treasury from public debt receipts under Congressional authorization for specified government corporations and other agencies to borrow from the Treasury. Further detail may be found in the 1960 Annual Report of the Secretary of the Treasury, page 692, and the 1960 Combined Statement of Receipts, Expenditures and Balances of the United States Government, page 484.
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 through November 1954; and public facility loans beginning January 1956. Notes issued to borrow for the Federal National Mortgage Association through July 1954 are shown under the Association.
4/ Through July 1954, consists of notes of the Housing and Home Finance Administrator, 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 footnote 6).
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."
6/ Excludes securities issued under Defense Production Act of 1950; includes securities issued under Federal Civil Defense Act of 1950 through November 1953, after which they were taken over by the Secretary of the Treasury, 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: $1.2 million to Export-Import Bank of Washington, $92 million to Federal National Mortgage Association, and $14 million to Small Business Administration.
7/ Consists of: Notes of the Administrator, General Services Administration, (Administrator, Defense Materials Procurement Agency, through July 1953) for defense materials procurement; Reconstruction Finance Corporation, through September 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); the Export-Import Bank of Washington; 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.
26
Treasury Bulletin
DEBT OUTSTANDING
Table 7.- Interest-Bearing Securities Issued by Federal Agencies But Not Guaranteed by the United States Government
(In millions of dollars)
<table><tr><th>End of fiscal year or month</th><th>Total</th><th>Banks for cooperatives</th><th>Federal home loan banks 1/</th><th>Federal intermediate credit banks</th><th>Federal land banks 2/ 3/</th><th colspan="2">Federal National Mortgage Association</th><th>Tennessee Valley Authority</th></tr><tr><th></th><th></th><th></th><th></th><th></th><th></th><th>Management and liquidating issues</th><th>All other issues</th><th></th></tr><tr><td>1954</td><td>1,967</td><td>120</td><td>115</td><td>725</td><td>1,007</td><td>-</td><td>-</td><td>-</td></tr><tr><td>1955</td><td>2,876</td><td>110</td><td>341</td><td>793</td><td>1,061</td><td>570</td><td>-</td><td>-</td></tr><tr><td>1956</td><td>3,889</td><td>133</td><td>929</td><td>834</td><td>1,322</td><td>570</td><td>100</td><td>-</td></tr><tr><td>1957</td><td>5,013</td><td>179</td><td>738</td><td>924</td><td>1,552</td><td>570</td><td>1,050</td><td>-</td></tr><tr><td>1958</td><td>5,423</td><td>199</td><td>456</td><td>1,159</td><td>1,646</td><td>797</td><td>1,165</td><td>-</td></tr><tr><td>1959</td><td>6,708</td><td>284</td><td>992</td><td>1,456</td><td>1,888</td><td>797</td><td>1,290</td><td>-</td></tr><tr><td>1960</td><td>8,407</td><td>330</td><td>1,259</td><td>1,600</td><td>2,137</td><td>797</td><td>2,284</td><td>-</td></tr><tr><td>1961</td><td>7,765</td><td>382</td><td>1,055</td><td>1,723</td><td>2,357</td><td>-</td><td>2,198</td><td>50</td></tr><tr><td>1960-December</td><td>7,911</td><td>407</td><td>1,266</td><td>1,454</td><td>2,210</td><td>-</td><td>2,523</td><td>50</td></tr><tr><td>1961-January</td><td>7,765</td><td>407</td><td>1,114</td><td>1,438</td><td>2,210</td><td>-</td><td>2,546</td><td>50</td></tr><tr><td>February</td><td>7,602</td><td>404</td><td>942</td><td>1,478</td><td>2,210</td><td>-</td><td>2,518</td><td>50</td></tr><tr><td>March</td><td>7,429</td><td>404</td><td>829</td><td>1,519</td><td>2,210</td><td>-</td><td>2,416</td><td>50</td></tr><tr><td>April</td><td>7,417</td><td>402</td><td>817</td><td>1,590</td><td>2,281</td><td>-</td><td>2,276</td><td>50</td></tr><tr><td>May</td><td>7,534</td><td>402</td><td>955</td><td>1,661</td><td>2,281</td><td>-</td><td>2,184</td><td>50</td></tr><tr><td>June</td><td>7,765</td><td>382</td><td>1,055</td><td>1,723</td><td>2,357</td><td>-</td><td>2,198</td><td>50</td></tr><tr><td>July</td><td>7,837</td><td>380</td><td>1,054</td><td>1,767</td><td>2,357</td><td>-</td><td>2,179</td><td>100</td></tr><tr><td>August</td><td>7,925</td><td>384</td><td>1,093</td><td>1,795</td><td>2,357</td><td>-</td><td>2,197</td><td>100</td></tr><tr><td>September</td><td>8,312</td><td>384</td><td>1,335</td><td>1,782</td><td>2,431</td><td>-</td><td>2,281</td><td>100</td></tr><tr><td>October</td><td>8,311r</td><td>445</td><td>1,334</td><td>1,715</td><td>2,431</td><td>-</td><td>2,287r</td><td>100</td></tr><tr><td>November</td><td>8,466</td><td>439</td><td>1,573</td><td>1,623</td><td>2,431</td><td>-</td><td>2,300</td><td>100</td></tr></table>
Source: Office of Debt Analysis and agency reports.
Note: The securities shown in the table are public offerings.
1/ The proprietary interest of the United States in these banks ended in July 1951.
2/ The proprietary interest of the United States in these banks ended June 1947.
3/ Figures do not include securities which are issued for use as collateral for commercial bank borrowing and not as a part of public offerings.
December 1961
27
STATUTORY DEBT LIMITATION
The Second Liberty Bond Act (31 U.S.C. 757b), 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); $10 billion beginning on July 1, 1959, and ending on June 30, 1960 (act approved June 30, 1959); $3 billion beginning on July 1, 1960, and ending on June 30, 1961 (act approved June 30, 1960); and $13 billion beginning on July 1, 1961, and ending on June 30, 1962 (act approved June 30, 1961). 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, November 30, 1961
(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. 757b), as increased temporarily by the act of June 30, 1961.</td><td>298,000</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>296,572</td></tr><tr><td>Guaranteed securities held outside the Treasury.</td><td>315</td></tr><tr><td>Total amount of securities outstanding subject to statutory debt limitation.</td><td>296,886</td></tr><tr><td>Balance issuable under limitation.</td><td>1,114</td></tr></table>
Source: Daily Treasury statement.
Table 2.- Application of Limitation to Public Debt and Guaranteed Securities Outstanding November 30, 1961
(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>43,442</td><td>-</td><td>43,442</td></tr><tr><td>Certificates of indebtedness</td><td>5,509</td><td>-</td><td>5,509</td></tr><tr><td>Treasury notes</td><td>71,488</td><td>-</td><td>71,488</td></tr><tr><td>Treasury bonds</td><td>75,304</td><td>-</td><td>75,304</td></tr><tr><td>Total marketable</td><td>195,643</td><td>-</td><td>195,643</td></tr><tr><td>Nonmarketable:</td><td></td><td></td><td></td></tr><tr><td>Certificates of indebtedness, foreign series</td><td>575</td><td>-</td><td>575</td></tr><tr><td>Certificates of indebtedness, foreign currency series</td><td>46</td><td>-</td><td>46</td></tr><tr><td>U. S. savings bonds (current redemption value)</td><td>47,824</td><td>-</td><td>47,824</td></tr><tr><td>Depository bonds</td><td>153</td><td>-</td><td>153</td></tr><tr><td>Treasury bonds, investment series</td><td>5,123</td><td>-</td><td>5,123</td></tr><tr><td>Treasury bonds, R. E. A. series</td><td>22</td><td>-</td><td>22</td></tr><tr><td>Total nonmarketable</td><td>53,744</td><td>-</td><td>53,744</td></tr><tr><td>Special issues to Government agencies and trust funds</td><td>44,217</td><td>-</td><td>44,217</td></tr><tr><td>Total interest-bearing securities</td><td>293,604</td><td>-</td><td>293,604</td></tr><tr><td>Matured securities on which interest has ceased</td><td>40</td><td>3</td><td>41</td></tr><tr><td>Debt bearing no interest:</td><td></td><td></td><td></td></tr><tr><td>United States savings stamps</td><td>1</td><td>-</td><td>1</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:</td><td></td><td></td><td></td></tr><tr><td>International Monetary Fund series</td><td>2,363</td><td>-</td><td>2,363</td></tr><tr><td>International Development Association series</td><td>11</td><td>-</td><td>11</td></tr><tr><td>Inter-American Development Bank series</td><td>1</td><td>-</td><td>1</td></tr><tr><td>United States notes (less gold reserve)</td><td>-</td><td>143</td><td>143</td></tr><tr><td>Deposits for retirement of national bank and Federal Reserve Bank notes</td><td>-</td><td>112</td><td>112</td></tr><tr><td>Other debt bearing no interest</td><td>5</td><td>436</td><td>441</td></tr><tr><td>Total debt bearing no interest</td><td>477</td><td>439</td><td>916</td></tr><tr><td>Total public debt</td><td>347,884</td><td>439</td><td>348,323</td></tr><tr><td>Guaranteed securities: 1/</td><td></td><td></td><td></td></tr><tr><td>Interest-bearing</td><td>14</td><td>-</td><td>14</td></tr><tr><td>Matured</td><td>1</td><td>2</td><td>3</td></tr><tr><td>Total guaranteed securities</td><td>15</td><td>2</td><td>17</td></tr><tr><td>Total public debt and guaranteed securities</td><td>347,899</td><td>441</td><td>348,340</td></tr></table>
Source: Daily Treasury Statement
2 Held $100 or more. 3
28
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 1.- Maturity Schedule of Interest-Bearing Public Marketable Securities Outstanding November 30, 1961
Other Than Regular Weekly Treasury Bills
(In millions of dollars)
<table><tr><th rowspan="2">Year and month of final maturity</th><th rowspan="2">Description of security</th><th colspan="3">Amount of maturities</th><th rowspan="2">Year and month of final maturity</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>1962</td><td></td><td></td><td></td><td></td><td>1963</td><td></td><td></td><td></td><td></td></tr><tr><td>Jan....</td><td>6.79% Bill - 1/15/62</td><td>1,500</td><td>207</td><td>1,293</td><td>Feb....</td><td>2-5/8% Note 3-1/4% Note</td><td>2,747 1,041</td><td>166 111</td><td>2,913 1,152</td></tr><tr><td>Feb....</td><td>3-1/8% Note 4% Note 3-1/4% Note</td><td>64 1,435 2,048</td><td>33 26 4,869</td><td>614 1,409 4,229</td><td>Mar....</td><td>4% Note 1-1/4% Note</td><td>1,743 5,047</td><td>16 8</td><td>1,803 5,055</td></tr><tr><td>Mar....</td><td>4.84% Bill (tax ant.) - 3/23/62</td><td>4,433</td><td>141</td><td>3,361</td><td>Apr....</td><td>1-1/4% Note</td><td>524</td><td>-</td><td>524</td></tr><tr><td>Apr....</td><td>1-1/4% Note 1.82% Bill</td><td>551 2,000</td><td>25 313</td><td>526 1,687</td><td>May....</td><td>3% Certificate 4% Note</td><td>1,040 1,411</td><td>1,916</td><td>20,124</td></tr><tr><td>May....</td><td>3% Certificate - 5/15/62-A 5/15/62-F</td><td>1,419 1,411</td><td>1,811 141</td><td>2,698 1,270</td><td>Jun....</td><td>2-1/4% Bond 2-3/4% Bond 2.70% Bill (tax ant.)</td><td>1,404 1,485 2,511</td><td>928 1,485</td><td>2,332 2,966</td></tr><tr><td>June....</td><td>2-1/4% Bond 2-3/4% Bond 2.70% Bill (tax ant.)</td><td>1,404 1,485 2,511</td><td>928 1,485</td><td>2,332 2,966</td><td>Jul....</td><td>2.908% Bill</td><td>1,104</td><td>181</td><td>1,811</td></tr><tr><td>July....</td><td>2.908% Bill - 7/15/62</td><td>1,104</td><td>181</td><td>1,811</td><td>Aug....</td><td>4% Note 3-1/4% Note</td><td>158 7,325</td><td>- 3,691</td><td>158 3,634</td></tr><tr><td>Aug....</td><td>4% Note 3-1/4% Note</td><td>158 7,325</td><td>- 3,691</td><td>158 3,634</td><td>Sep....</td><td>1-1/4% Note</td><td>430</td><td>-</td><td>430</td></tr><tr><td>Sep....</td><td>1-1/4% Note</td><td>430</td><td>-</td><td>430</td><td>Oct....</td><td>4-7/8% Note</td><td>4,196</td><td>2,248</td><td>1,897</td></tr><tr><td>Oct....</td><td>1-1/2% Note 2.47% Bill</td><td>590 1,003</td><td>17 172</td><td>590 1,831</td><td>Nov....</td><td>1-1/4% Note 3-1/4% Note</td><td>1,143 6,082</td><td>31 3,380</td><td>1,111 2,702</td></tr><tr><td>Nov....</td><td>1-1/4% Note 3-1/4% Note</td><td>1,143 6,082</td><td>31 3,380</td><td>1,111 2,702</td><
Footnotes at end of table.
(Continued on following page)
December 1961
29
PUBLIC DEBT OPERATIONS
Table 1.- Maturity Schedule of Interest-Bearing Public Marketable Securities Outstanding November 30, 1961 Other Than Regular Weekly Treasury Bills - (Continued)
(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>1966</td><td>April...</td><td>1-1/2% Note - 1/1/66-EA</td><td>675</td><td>-</td><td>1,772</td><td>June...</td><td>2-1/4% Bond - 6/15/67</td><td>1,711</td><td>181</td><td>1,528</td></tr><tr><td></td><td>May....</td><td>3-3/4% Bond - 7/15/66</td><td>3,598</td><td>173</td><td>3,425</td><td>Sept...</td><td>2-1/4% Bond - 9/1/67-7</td><td>1,716</td><td>346</td><td>1,370</td></tr><tr><td></td><td>Aug....</td><td>3% Bond - 8/15/66</td><td>1,484</td><td>118</td><td>1,367</td><td>Dec....</td><td>1-1/4% Bond - 12/15/67-7</td><td>1,952</td><td>280</td><td>1,672</td></tr><tr><td></td><td>Oct....</td><td>1-1/2% Note - 10/1/66-EO</td><td>53</td><td>-</td><td>53</td><td>Total.................</td><td>8,009</td><td>807</td><td>-</td><td></td></tr><tr><td></td><td>Nov....</td><td>3-3/8% Bond - 11/15/66</td><td>2,438</td><td>149</td><td>2,289</td><td>1974</td><td>Nov....</td><td>3-7/8% Bond - 11/15/74</td><td>1,171</td><td>232</td><td>2,399</td></tr><tr><td>1967</td><td>Total.................</td><td>8,248</td><td>454</td><td>7,799</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>June...</td><td>2-1/2% Bond - 6/15/67</td><td>1,463</td><td>175</td><td>1,288</td><td>1980</td><td>Feb....</td><td>4% Bond - 2/15/80</td><td>884</td><td>174</td><td>780</td></tr><tr><td></td><td>Nov....</td><td>3-5/8% Bond - 11/15/67</td><td>3,604</td><td>715</td><td>2,889</td><td>Nov....</td><td>3-1/4% Bond - 11/15/80</td><td>1,919</td><td>676</td><td>1,243</td></tr><tr><td></td><td>Total.................</td><td>5,067</td><td>890</td><td>4,177</td><td></td><td>Total.................</td><td>2,803</td><td>850</td><td>-</td><td></td></tr><tr><td>1968</td><td>May....</td><td>3-7/8% Bond - 5/15/68</td><td>2,141</td><td>376</td><td>1,763</td><td>1983</td><td>June...</td><td>3-1/4% Bond - 6/15/78-83</td><td>1,646</td><td>175</td><td>1,471</td></tr><tr><td></td><td>Dec....</td><td>1-1/4% Bond - 12/1/63-68</td><td>1,818</td><td>226</td><td>1,592</td><td>1985</td><td>May....</td><td>3-1/4% Bond - 5/15/85 4-1/4% Bond - 7/15/75-85</td><td>1,132 470</td><td>157 114</td><td>-</td></tr><tr><td></td><td>Total.................</td><td>3,958</td><td>603</td><td>3,355</td><td>Total.................</td><td>1,602</td><td>271</td><td>1,331</td><td></td><td></td></tr><tr><td>1969</td><td>June...</td><td>1-1/2% Bond - 6/1/69-69</td><td>2,637</td><td>451</td><td>2,186</td><td>1990</td><td>Feb....</td><td>3-1/2% Bond - 2/15/90</td><td>4,017</td><td>783</td><td>3,234</td></tr><tr><td></td><td>Oct....</td><td>4% Bond - 10/1/69</td><td>1,443</td><td>203</td><td>1,240</td><td>1995</td><td>Feb....</td><td>3% Bond - 2/1/95</td><td>2,684</td><td>177</td><td>2,507</td></tr><tr><td></td><td>Dec....</td><td>2-1/4% Bond - 12/1/64-64</td><td>2,555</td><td>513</td><td>2,042</td><td>1998</td><td>Nov....</td><td>3-1/2% Bond - 11/1/98</td><td>1,526</td><td>671</td><td>1,855</td></tr><tr><td></td><td>Total.................</td><td>6,615</td><td>1,167</td><td>5,448</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1970</td><td>Mar....</td><td>1-1/2% Bond - 3/1/70-70</td><td>2,427</td><td>756</td><td>1,672</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1971</td><td>Mar....</td><td>1-1/2% Bond - 3/1/70-71</td><td>1,419</td><td>380</td><td>1,039</td><td></td><td></td><td></td><td></td><td></td><td></td></tr></table>
date. For date of issue of tax credit, see "Mark 1 Quintile." Income is partially exempt from income tax. Less than $10,00.
Source: Daily Treasury statement and Office of Debt Analysis in the Office of the Secretary. Except partially tax-exempt bonds, which are shown at earliest call
30
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 2.- Offerings of Treasury Bills
(Amounts in millions of dollars)
<table><tr><th rowspan="2">Issue date</th><th colspan="7">Description of new issue</th><th rowspan="2">Amount maturing on issue date of new offering</th><th rowspan="2">Total of unmatred issues outstanding after new issues</th></tr><tr><th>Maturity date</th><th>Number of days to maturity 1/</th><th>Amount of bids 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>41-Aug. 3......</td><td>1961-Nov. 1962-Feb.</td><td>1 91 182</td><td>1,913.2 1,136.2</td><td>1,101.3 600.3</td><td>830.0 561.4</td><td>211.3 38.3</td><td>117.7 11.3</td><td>1,100.7 600.5</td><td>1,607.9 14,707.2</td></tr><tr><td>Aug. 10......</td><td>1961-Nov. 1962-Feb.</td><td>9 8 182</td><td>2,003.2 1,093.5</td><td>1,100.1 600.2</td><td>877.7 600.6</td><td>23.1 34.1</td><td>11.1 11.4</td><td>1,100.6 60.3</td><td>14,707.2 14,707.2</td></tr><tr><td>Aug. 17......</td><td>1961-Nov. 1962-Feb.</td><td>16 15 182</td><td>2,121.6 1,009.3</td><td>1,100.8 600.0</td><td>854.5 554.3</td><td>240.4 47.7</td><td>154.4 52.2</td><td>1,100.1 600.5</td><td>14,707.2 14,707.2</td></tr><tr><td>Aug. 24......</td><td>1961-Nov. 1962-Feb.</td><td>24 23 183</td><td>1,939.6 1,294.5</td><td>1,100.8 600.1</td><td>871.5 557.3</td><td>219.1 42.8</td><td>48.1 .1</td><td>1,100.4 600.1</td><td>14,707.1 14,707.1</td></tr><tr><td>Aug. 31......</td><td>1961-Nov. 1962-Mar.</td><td>30 1 182</td><td>1,820.7 933.8</td><td>1,100.3 600.4</td><td>900.4 556.3</td><td>199.4 44.1</td><td>1.1 1.1</td><td>1,000.9 600.1</td><td>14,707.1 14,707.1</td></tr><tr><td>Sept. 7......</td><td>1961-Dec. 1962-Mar.</td><td>7 8 182</td><td>2,221.8 1,102.4</td><td>1,109.1 595.2</td><td>919.5 557.0</td><td>187.6 38.2</td><td>11.7 24.1</td><td>1,100.6 600.4</td><td>14,711.1 14,711.1</td></tr><tr><td>Sept. 14......</td><td>1961-Dec. 1962-Mar.</td><td>14 15 182</td><td>2,136.2 1,075.5</td><td>1,101.0 600.6</td><td>85.1 550.7</td><td>248.6 44.9</td><td>13.7 1.0</td><td>1,100.6 600.1</td><td>14,702.6 14,702.6</td></tr><tr><td>Sept. 21......</td><td>1961-Dec. 1962-Mar.</td><td>21 22 182</td><td>2,098.7 1,143.6</td><td>1,099.8 600.2</td><td>841.2 47.7</td><td>228.6 52.5</td><td>1.1 11.1</td><td>1,101.1 600.1</td><td>14,702.6 14,702.6</td></tr><tr><td>Sept. 28......</td><td>1961-Dec. 1962-Mar.</td><td>28 29 182</td><td>1,175.1 1,271.7</td><td>1,100.2 600.1</td><td>421.2 557.5</td><td>199.1 44.6</td><td>83.4 51.6</td><td>1,100.6 600.1</td><td>14,714.8 14,714.8</td></tr><tr><td>Oct. 5p......</td><td>Jan. Apr.</td><td>4 5 182</td><td>1,666.0 1,304.9</td><td>1,100.3 600.2</td><td>93.1 551.8</td><td>177.1 40.5</td><td>68.7 51.9</td><td>1,100.1 600.1</td><td>14,714.5 14,714.5</td></tr><tr><td>Oct. 13p......</td><td>Jan. Apr.</td><td>11 12 181</td><td>2,107.4 1,101.2</td><td>1,100.4 600.1</td><td>887.0 47.8</td><td>213.4 54.4</td><td>1.7 2.9</td><td>1,100.1 600.5</td><td>14,714.1 14,714.1</td></tr><tr><td>Oct. 19p......</td><td>Jan. Apr.</td><td>18 19 182</td><td>2,111.0 1,112.7</td><td>1,100.2 600.4</td><td>858.6 540.2</td><td>241.0 60.1</td><td>113.2 3.0</td><td>1,100.0 500.4</td><td>14,704.1 14,704.1</td></tr><tr><td>Oct. 26p......</td><td>Jan. Apr.</td><td>25 26 182</td><td>1,038.0 1,251.5</td><td>1,101.3 600.1</td><td>889.4 540.7</td><td>211.9 59.4</td><td>150.5 13.1</td><td>1,099.3 600.1</td><td>14,711.0 14,711.0</td></tr><tr><td>Nov. 2p......</td><td>Feb. May</td><td>1 3 182</td><td>2,166.5 1,530.0</td><td>1,099.1 600.4</td><td>835.1 44.1</td><td>214.1 45.1</td><td>132.8 81.8</td><td>1,101.1 600.4</td><td>14,711.1 14,711.1</td></tr><tr><td>Nov. 9p......</td><td>Feb. May</td><td>8 10 182</td><td>1,976.6 1,146.2</td><td>1,204.1 500.3</td><td>476.5 44.4</td><td>249.1 54.4</td><td>118.7 63.4</td><td>1,100.1 600.1</td><td>14,711.1 14,711.1</td></tr><tr><td>Nov. 15p</td><td>1961-Dec. Dec. Dec. Dec.</td><td>7 14 21 28</td><td>22 29 36 43</td><td>1,914.3</td><td>800.1</td><td>511.3</td><td>2.1</td><td>-</td><td>1,500.0</td></tr><tr><td>Nov. 16p......</td><td>1962-Jan. Jan. Jan. Jan.</td><td>4 11 18 25</td><td>50 57 64 71</td><td>1,914.3</td><td>800.1</td><td>511.3</td><td>2.1</td><td>-</td><td>1,500.0</td></tr><tr><td>Nov. 16p......</td><td>Feb. May</td><td>15 17 18.1</td><td>21 18.1</td><td>1,111.1</td><td>844.0</td><td>1.1</td><td>1.1</td><td>1.1</td><td>1,441.1</td></tr><tr><td>Nov. 22p......</td><td>Feb. May</td><td>23 24</td><td>91 191</td><td>1,366.1 1,234.2</td><td>1,100.4 600.4</td><td>54.1 54.4</td><td>111.1 11.1</td><td>1,100.2 600.1</td><td>1,441.1 1,441.1</td></tr><tr><td>Nov. 30p......</td><td>Mar. May</td><td>1 31 18.1</td><td>21 18.1</td><td>1,441.1 1,337.7</td><td>1,100.1 600.1</td><td>886.8 44.1</td><td>11.1 44.1</td><td>1,100.4 600.4</td><td>1,441.1 1,441.1</td></tr><tr><th colspan="10">Tax anticipation bills:</th></tr><tr><td>1961-April 3......</td><td>1961-Sept.</td><td>22</td><td>172</td><td>3,896.4</td><td>1,111.1</td><td>2,782.2</td><td>1.1</td><td>-</td><td>1,111.1</td></tr><tr><td>July 6......</td><td>1962-Mar.</td><td>29</td><td>24.1</td><td>1,148.9</td><td>1,502.1</td><td>1,989.3</td><td>11.1</td><td>-</td><td>1,502.1</td></tr><tr><td>Sept. 27......</td><td>June</td><td>22</td><td>168</td><td>1,131.1</td><td>1,511.1</td><td>1,444.1</td><td>11.8</td><td>-</td><td>1,444.1</td></tr><tr><th colspan="10">Other bills:</th></tr><tr><td>Oct. 17......</td><td>1961-Oct.</td><td>16</td><td>364</td><td>3,301.9</td><td>1,500.1</td><td>1,111.1</td><td>19.1</td><td>-</td><td>1,076.6</td></tr><tr><td>1961-Jan. 15......</td><td>1962-Jun.</td><td>15</td><td>395</td><td>1,078.0</td><td>1,501.1</td><td>1,331.4</td><td>148.1</td><td>42.1</td><td>1,101.1</td></tr><tr><td>Apr. 15......</td><td>Apr.</td><td>14</td><td>395</td><td>1,116.5</td><td>1,000.5</td><td>1,821.6</td><td>178.1</td><td>180.1</td><td>1,000.8</td></tr><tr><td>July 15......</td><td>July</td><td>15</td><td>365</td><td>4,274.1</td><td>2,003.5</td><td>1,791.5</td><td>111.1</td><td>14.6</td><td>1,000.5</td></tr><tr><td>Oct. 16p......</td><td>Oct.</td><td>15</td><td>394</td><td>3,756.8</td><td>1,003.5</td><td>1,861.9</td><td>139.1</td><td>14.6</td><td>1,000.5</td></tr><tr><td colspan="10">Source: Bureau of the Public Debt. Preliminary figures are from subscrip- tion and allotment records; final figures are on "clearance" basis in daily treasury statement.</td></tr><tr><td colspan="10">1/ The 13-week bills represent additional issues of bills with an original maturity of 3 weeks.</td></tr><tr><td colspan="10">2/ For 13-week issues, "tenders for $0.00, CO or less, and for 6-week issues, beginning June 11, 1961, tender for $1.00, CO or less from any one bidder are accepted in full at average price on accepted "competitive bids" for "other issues." The "responding amount" is figured in "strips" if pricing arrangement.</td></tr><tr><td colspan="10">3/ An additional $10,000 in "strip" for each series of instalment weekly. Strips are issued in "strip" for mat.</td></tr><tr><td colspan="10">4/ December 1, 1961, maturity.</td></tr></table>
(continued on fol. win page)
December 1961
31
PUBLIC DEBT OPERATIONS
Table 2.- Offerings of Treasury Bills - (Continued)
<table><tr><th>Issue data</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 1/</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 '7/</th><th>Price per hundred</th><th>Equivalent rate 7/</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>1961-Aug. 3.........</td><td>99.419 98.707</td><td>2.299 2.557</td><td>99.426 98.717 8/</td><td>2.271 2.538</td><td>99.415 98.702</td><td>2.314 2.567</td></tr><tr><td>Aug. 10.........</td><td>99.402 98.677</td><td>2.366 2.617</td><td>99.411 98.686 9/</td><td>2.330 2.599</td><td>99.398 98.673</td><td>2.382 2.625</td></tr><tr><td>Aug. 17.........</td><td>99.366 98.602</td><td>2.519 2.765</td><td>99.369 98.616 10/</td><td>2.496 2.738</td><td>99.360 98.594</td><td>2.532 2.781</td></tr><tr><td>Aug. 24.........</td><td>99.360 98.580</td><td>2.504 2.793</td><td>99.368 98.596 12/</td><td>2.473 2.762</td><td>99.356 98.578</td><td>2.520 2.797</td></tr><tr><td>Aug. 31.........</td><td>99.413 98.677</td><td>2.321 2.617</td><td>99.425 98.691</td><td>2.275 2.589</td><td>99.407 98.663</td><td>2.346 2.645</td></tr><tr><td>Sept. 7.........</td><td>99.395 98.639</td><td>2.392 2.692</td><td>99.402 98.650 13/</td><td>2.366 2.670</td><td>99.393 98.633</td><td>2.401 2.704</td></tr><tr><td>Sept. 14.........</td><td>99.412 98.643</td><td>2.328 2.685</td><td>99.418 98.654 14/</td><td>2.302 2.662</td><td>99.408 98.636</td><td>2.342 2.698</td></tr><tr><td>Sept. 21.........</td><td>99.428 98.644</td><td>2.262 2.681</td><td>99.432 98.652 15/</td><td>2.247 2.666</td><td>99.425 98.636</td><td>2.275 2.698</td></tr><tr><td>Sept. 28.........</td><td>99.435 98.637</td><td>2.234 2.697</td><td>99.444 98.644</td><td>2.200 2.682</td><td>99.429 98.631</td><td>2.259 2.708</td></tr><tr><td>Oct. 5p.........</td><td>99.418 98.643</td><td>2.302 2.683</td><td>99.435 98.650 16/</td><td>2.235 2.670</td><td>99.408 98.641</td><td>2.342 2.688</td></tr><tr><td>Oct. 13p.........</td><td>99.403 98.561</td><td>2.389 2.684</td><td>99.410 98.660 17/</td><td>2.360 2.665</td><td>99.401 98.646</td><td>2.396 2.693</td></tr><tr><td>Oct. 19p.........</td><td>99.398 98.618</td><td>2.382 2.734</td><td>99.405 98.624 19/</td><td>2.354 2.722</td><td>99.395 98.613</td><td>2.393 2.744</td></tr><tr><td>Oct. 26p.........</td><td>99.412 98.631</td><td>2.325 2.708</td><td>99.417 98.638</td><td>2.306 2.694</td><td>99.410 98.629</td><td>2.334 2.712</td></tr><tr><td>Nov. 2p.........</td><td>99.424 98.679</td><td>2.280 2.613</td><td>99.428 98.686</td><td>2.263 2.599</td><td>99.421 98.677</td><td>2.291 2.617</td></tr><tr><td>Nov. 9p.........</td><td>99.406 98.709</td><td>2.349 2.554</td><td>99.413 99.402</td><td>2.322 2.366</td><td>98.718 98.706</td><td>2.536 2.560</td></tr><tr><td>Nov. 15p 4/.........</td><td>99.706</td><td>2.277</td><td>99.719</td><td>2.175</td><td>99.700</td><td>2.323</td></tr><tr><td>Nov. 16p.........</td><td>99.364 98.624</td><td>2.516 2.721</td><td>99.372 98.638 20/</td><td>2.484 2.694</td><td>99.361 98.614</td><td>2.528 2.742</td></tr><tr><td>Nov. 24p.........</td><td>99.359 98.626</td><td>2.537 2.734</td><td>99.363 98.630 22/</td><td>2.520 2.725</td><td>99.354 98.623</td><td>2.556 2.739</td></tr><tr><td>Nov. 30p.........</td><td>99.341 98.581</td><td>2.606 2.807</td><td>99.346 98.595</td><td>2.587 2.779</td><td>99.339 98.570</td><td>2.615 2.829</td></tr><tr><td>Tax anticipation bills:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1961-Apr. 3.........</td><td>98.818</td><td>2.473</td><td>98.863 23/</td><td>2.380</td><td>98.810</td><td>2.491</td></tr><tr><td>July 26.........</td><td>98.344</td><td>2.484</td><td>98.400 24/</td><td>2.400</td><td>98.320</td><td>2.520</td></tr><tr><td>Sept. 27.........</td><td>97.986</td><td>2.705</td><td>98.042 25/</td><td>2.630</td><td>97.975</td><td>2.720</td></tr><tr><td>Other bills:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1960-Oct. 17.........</td><td>96.834</td><td>3.131</td><td>96.891</td><td>3.075</td><td>96.815</td><td>3.150</td></tr><tr><td>1961-Jan. 15.........</td><td>97.283</td><td>2.679</td><td>97.318</td><td>2.645</td><td>97.262</td><td>2.700</td></tr><tr><td>Apr. 15.........</td><td>97.134</td><td>2.827</td><td>97.171 26/</td><td>2.790</td><td>97.117</td><td>2.844</td></tr><tr><td>July 15.........</td><td>97.051</td><td>2.908</td><td>97.101</td><td>2.859</td><td>97.039</td><td>2.920</td></tr><tr><td>Oct. 16p.........</td><td>96.992</td><td>2.975</td><td>97.037 27/</td><td>2.930</td><td>96.979</td><td>2.988</td></tr></table>
7 Bank discount basis.
8 Except $100,000 at 98.736.
9 Except $100,000 at 98.690.
10 Except $200,000 at 99.425, $200,000 at 99.417, and $1,00 at 94.75.
11 Except $100,000 at 98.660.
12 Except $300,000 at 99.373.
13 Except $300,000 at 99.417.
14 Except $75,000 at 99.430.
15 Except $100,000 at 98.654.
16 Except $100,000 at 98.656.
17 Except $128,000 at 99.431, and $300,000 at 99.415.
18 Except $700,000 at 98.677, and $150,000 at 98.668.
19 Except $200,000 at 98.660, $60,000 at 98.655, and $100,000 at 98.419.
20/ Except $100,000 at 99.40c, $200,000 at 99.411, and $50,000 at 99.411.
21/ Except $10,000 at 98.70c, and $100,000 at 98.705.
22/ Except $100,000 at 99.380.
23/ Except $20,000 at 98.901, $25,000 at 98.882, and $1,500,000 at 98.871.
24/ Except $1,411 at 98.413.
25/ Except $100,000 at 98.400, $200,000 at 98.385, $200,000 at 98.301, $100,000 at 98.155, $200,000 at 98.101, $400,000 at 98.071, $100,000 at 98.000, $100,000 at 98.056, and $100,000 at 98.050.
26/ Except $1,000,000 at 97.182.
27/ Except $100,000 at 97.070.
p Preliminary.
32
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 3.- New Money Financing through Regular Weekly Treasury Bill
(Dollar amounts in millions)
<table><tr><th colspan="2">Description of issue</th><th rowspan="2">Number of days to maturity</th><th rowspan="2">Amount of bids tendered</th><th rowspan="2">Amount of bids accepted</th><th rowspan="2">Average rate on bids accepted 1/ (Percent)</th><th rowspan="2">New money increase, or decrease (-)</th></tr><tr><th>Issue date</th><th>Maturity date</th></tr><tr><td>1953-Apr. 23</td><td>1953-July 3</td><td>91</td><td>$ 2,202</td><td>$ 1,501</td><td>1.320</td><td>$ 130</td></tr><tr><td>May 7</td><td>Aug. 6</td><td>91</td><td>2,166</td><td>1,500</td><td>1.35</td><td>.00</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>.00</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>.00</td></tr><tr><td>June 4</td><td>Sept. 3</td><td>91</td><td>1,782</td><td>1,500</td><td>1.416</td><td>179</td></tr><tr><td>June 11</td><td>Sept. 10</td><td>91</td><td>2,290</td><td>1,400</td><td>2.333</td><td>119</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 12</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>99</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>93</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>00</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>01</td></tr><tr><td>Mar. 7</td><td>June 6</td><td>91</td><td>2,769</td><td>1,800</td><td>3.244</td><td>00</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>01</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>99</td></tr><tr><td>1958-Jan. 2</td><td>Apr. 3</td><td>91</td><td>1,488</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>2.958</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>2.691</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>2.687</td><td>100</td></tr><tr><td>Mar. 13</td><td>June 1</td><td>91</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>1.359</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>1.604</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>1.511</td><td>99</td></tr><tr><td>Oct. 2</td><td>1959-Jan. 2</td><td>92</td><td>2,791</td><td>1,801</td><td>1.920</td><td>101</td></tr><tr><td>Oct. 9</td><td>Jan. 8</td><td>91</td><td>2,482</td><td>1,801</td><td>2.168</td><td>101</td></tr><tr><td>Oct. 16</td><td>Jan. 15</td><td>91</td><td>2,088</td><td>1,803</td><td>2.907</td><td>104</td></tr><tr><td>Oct. 23</td><td>Jan. 2</td><td>91</td><td>2,987</td><td>1,800</td><td>2.802</td><td>99</td></tr><tr><td>Oct. 30</td><td>Jan. 29</td><td>91</td><td>2,87</td><td>1,803</td><td>2.670</td><td>101</td></tr><tr><td>Nov. 6</td><td>Feb. 5</td><td>91</td><td>2,124</td><td>1,801</td><td>1.449</td><td>100</td></tr><tr><td>Nov. 13</td><td>Feb. 13</td><td>91</td><td>2,334</td><td>1,801</td><td>1.774</td><td>101</td></tr><tr><td>Dec. 11</td><td>Mar. 12</td><td>91</td><td>2,443</td><td>1,400</td><td>1.895</td><td>700</td></tr><tr><td>Dec. 18</td><td>Mar. 19</td><td>91</td><td>2,474</td><td>1,401</td><td>3.304</td><td>00</td></tr><tr><td>Dec. 25</td><td>Mar. 26</td><td>90</td><td>2,334</td><td>1,601</td><td>1.739</td><td>201</td></tr><tr><td>Dec. 30</td><td>Mar. 26</td><td>181</td><td>2,334</td><td>1,601</td><td>3.017</td><td></td></tr><tr><td>1959-Jan. 3</td><td>Apr. 2</td><td>90</td><td>2,474</td><td>1,600</td><td>2.690</td><td>199</td></tr><tr><td>Jan. 7</td><td>Apr. 9</td><td>91</td><td>2,887</td><td>1,500</td><td>2.178</td><td>199</td></tr><tr><td>Jan. 15</td><td>Apr. 16</td><td>91</td><td>2,173</td><td>1,600</td><td>2.806</td><td>199</td></tr><tr><td></td><td>July 16</td><td>92</td><td>2,34</td><td>2,02</td><td>3.034</td><td>199</td></tr></table>
Footnotes at end of table
(continued on following page)
December 1961
33
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>Amount of bids tendered</th><th>Amount of bids accepted</th><th>Average rate on bids accepted 1/</th><th>New money increase, or decrease (-)</th></tr><tr><th>Issue date</th><th>Maturity date</th><th>Number of days to maturity</th><th></th><th></th><th>(Percent)</th><th></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>1,330 400</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>1,353 790</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>274</td></tr><tr><td>1960-May 19.</td><td>1960- Aug. 18 Nov. 17</td><td>91 182</td><td>1,809 961</td><td>1,200 500</td><td>3.793 4.000</td><td>97</td></tr><tr><td>May 26.</td><td>Aug. 25 Nov. 25</td><td>91 183</td><td>1,834 897</td><td>1,200 500</td><td>3.497 3.867</td><td>2</td></tr><tr><td>June 2.</td><td>Sept. 1 Dec. 1</td><td>91 182</td><td>1,820 996</td><td>1,101 500</td><td>3.184 3.445</td><td>100</td></tr><tr><td>1961-Jan. 19.</td><td>1961- Apr. 20 July 20</td><td>91 182</td><td>1,839 995</td><td>1,101 400</td><td>2.358 2.530</td><td>99</td></tr><tr><td>Jan. 26.</td><td>Apr. 27 July 27</td><td>91 182</td><td>1,986 1,082</td><td>1,100 500</td><td>2.230 2.422</td><td>200</td></tr><tr><td>Feb. 2.</td><td>May 4 Aug. 3</td><td>91 182</td><td>2,057 1,082</td><td>1,101 500</td><td>2.299 2.497</td><td>201</td></tr><tr><td>Mar. 30.</td><td>June 29 Sept. 28</td><td>91 182</td><td>1,924 1,046</td><td>1,100 500</td><td>2.392 2.576</td><td>99</td></tr><tr><td>Apr. 6.</td><td>July 6 Oct. 5</td><td>91 182</td><td>1,916 1,043</td><td>1,100 500</td><td>2.470 2.658</td><td>99</td></tr><tr><td>Apr. 13.</td><td>July 13 Oct. 13</td><td>91 83</td><td>2,000 1,118</td><td>1,100 500</td><td>2.361 2.556</td><td>1</td></tr><tr><td>May 4.</td><td>Aug. 3 Nov. 2</td><td>91 182</td><td>4,087 950</td><td>1,101 500</td><td>2.299 2.417</td><td>100</td></tr><tr><td>May 11.</td><td>Aug. 10 Nov. 9</td><td>91 182</td><td>1,877 1,115</td><td>1,101 500</td><td>2.332 2.423</td><td>101</td></tr><tr><td>July 20.</td><td>1962- Jan. 18</td><td>91 182</td><td>1,916 960</td><td>1,100 500</td><td>2.200 2.385</td><td>99</td></tr><tr><td>Aug. 31.</td><td>1961-Nov. 30 1962-Mar. 1</td><td>91 182</td><td>1,821 934</td><td>1,100 600</td><td>2.321 2.617</td><td>100</td></tr><tr><td>Oct. 19p.</td><td>Jan. 18 Apr. 19</td><td>91 182</td><td>2,221 1,112</td><td>1,100 600</td><td>2.382 2.734</td><td>100</td></tr><tr><td>Oct. 26p.</td><td>Jan. 25 Apr. 26</td><td>91 182</td><td>2,038 1,252</td><td>1,101 600</td><td>2.325 2.708</td><td>101</td></tr></table>
Source: See Table 2. Information in Table 3 covers: bill offerings January 2, 1953, through November 30, 1961. 1/ Equivalent average rate on bank discount basis.
1/ Beginning March 1, , the 1-week bills represent additional issues of bills with an original maturity of 26 weeks. p Preliminary.
34
Treasury Bulletin
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 colspan="2">Description of security 1/</th><th>Period to final maturity (years, months, days) 2/</th><th colspan="2">Amount of subscriptions tendered</th><th colspan="2">Amount issued</th><th>Afloat ratio</th></tr><tr><th></th><th></th><th></th><th></th><th></th><th>Cash 2/</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</td><td>2-1/4% Certificate -</td><td>2/15/53-A</td><td>ly</td><td>-</td><td>8,114</td><td>-</td><td>8,114</td><td rowspan="2">100</td></tr><tr><td>5/</td><td>2/15/53</td><td>2-1/2% Bond -</td><td>12/15/58</td><td>5y 10m</td><td>-</td><td>620</td><td>-</td><td>620</td></tr><tr><td>4/13/53</td><td>4/1/53</td><td>1-1/2% Note -</td><td>4/1/58-EA</td><td>5y</td><td>-</td><td>383</td><td>-</td><td>383</td><td>100</td></tr><tr><td>5/20/53</td><td>5/1/53</td><td>3-1/4% Bond -</td><td>6/15/78-83</td><td>30y 1/2m</td><td>5,250</td><td>418 6/</td><td>1,188</td><td>418 6/</td><td>7/</td></tr><tr><td>5/29/53</td><td>6/1/53</td><td>2-5/8% Certificate -</td><td>6/1/54-B</td><td>ly</td><td>-</td><td>4,858</td><td>-</td><td>4,858</td><td>100</td></tr><tr><td>7/6/53</td><td>6/3/53</td><td>2.383% Bill -</td><td>9/18/53 - Tax ant. 8/ (At auction)</td><td>107d</td><td>1,676</td><td>-</td><td>800</td><td>-</td><td></td></tr><tr><td>8/5/53</td><td>7/15/53</td><td>2-1/2% Certificate -</td><td>3/22/54-C - Tax ant. 9/</td><td>8m</td><td>8,687</td><td>-</td><td>5,902</td><td>-</td><td>10/</td></tr><tr><td>9/2/53</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>2,788</td><td>100</td></tr><tr><td>5/</td><td>9/15/53</td><td>2-5/8% Certificate -</td><td>9/15/54-E</td><td>ly</td><td>-</td><td>4,724</td><td>-</td><td>4,724</td><td rowspan="2">100</td></tr><tr><td>10/28/53</td><td>9/15/53</td><td>2-7/8% Note -</td><td>3/15/57-A</td><td>3y 6m</td><td>-</td><td>2,997</td><td>-</td><td>2,997</td></tr><tr><td>11/18/53</td><td>10/1/53</td><td>1-1/2% Note -</td><td>10/1/58-EO</td><td>5y</td><td>-</td><td>121</td><td>-</td><td>121</td><td>100</td></tr><tr><td></td><td>11/9/53</td><td>2-3/4% Bond -</td><td>9/15/61</td><td>7y 10m</td><td>12,543</td><td>-</td><td>2,239</td><td>-</td><td>11/</td></tr><tr><td>2/1/54</td><td>12/1/53</td><td>1-7/8% Note -</td><td>12/15/54-B</td><td>ly 4m</td><td>-</td><td>8,175</td><td>-</td><td>8,175</td><td rowspan="2">100</td></tr><tr><td>3/16/54</td><td>2/15/53</td><td>2-1/2% Bond -</td><td>12/15/58 - Reopening</td><td>5y 3/4m</td><td>-</td><td>1,748</td><td>-</td><td>1,748</td></tr><tr><td>4/21/54</td><td>2/15/54</td><td>1-5/8% Certificate -</td><td>2/15/55-A</td><td>ly</td><td>-</td><td>7,007</td><td>-</td><td>7,007</td><td rowspan="2">100</td></tr><tr><td>5/</td><td>2/15/54</td><td>2-1/2% Bond -</td><td>11/15/61</td><td>7y 3/4m</td><td>-</td><td>11,177</td><td>-</td><td>11,177</td></tr><tr><td>5/5/54</td><td>3/22/54</td><td>.956% Bill -</td><td>6/24/54 - Tax ant. 8/ (At auction)</td><td>94d</td><td>2,717</td><td>-</td><td>1,501</td><td>-</td><td></td></tr><tr><td>7/21/54</td><td>4/27/54</td><td>.726% Bill -</td><td>6/18/54 - Tax ant. 8/ (At auction)</td><td>52d</td><td>2,987</td><td>-</td><td>1,001</td><td>-</td><td></td></tr><tr><td>8/3/54</td><td>4/1/54</td><td>1-1/2% Note -</td><td>4/1/59-EA</td><td>5y</td><td>-</td><td>119</td><td>-</td><td>119</td><td>100</td></tr><tr><td>9/23/54</td><td>5/17/54</td><td>1-7/8% Note -</td><td>2/15/59-A</td><td>4y 9m</td><td>9,750</td><td>-</td><td>2,205</td><td>-</td><td>12/</td></tr><tr><td>11/22/54</td><td>5/17/54</td><td>"</td><td>"</td><td>"</td><td>-</td><td>2,897</td><td>-</td><td>2,897</td><td rowspan="2">100</td></tr><tr><td></td><td>5/17/54</td><td>1-1/8% Certificate -</td><td>5/17/55-B</td><td>ly</td><td>-</td><td>3,886</td><td>-</td><td>3,886</td></tr><tr><td>1/1/55</td><td>8/2/54</td><td>1% Certificate -</td><td>3/22/55-C - Tax ant. 9/</td><td>73m</td><td>9,250</td><td>-</td><td>3,734</td><td>-</td><td>13/</td></tr><tr><td>3/22/55</td><td>8/15/54</td><td>1-1/8% Certificate -</td><td>8/15/55-D</td><td>ly</td><td>-</td><td>3,558</td><td>-</td><td>3,558</td><td rowspan="2">100</td></tr><tr><td>5/</td><td>8/15/54</td><td>2-1/8% Bond -</td><td>11/15/60</td><td>6y 3m</td><td>-</td><td>3,800</td><td>-</td><td>3,800</td></tr><tr><td>11/1/55</td><td>10/4/54</td><td>1-5/8% Note -</td><td>5/15/57-B</td><td>2y 73m</td><td>8,190</td><td>-</td><td>4,155</td><td>-</td><td>1/</td></tr><tr><td>7/20/55</td><td>10/1/54</td><td>1-1/2% Note -</td><td>10/1/59-EO</td><td>5y</td><td>-</td><td>19</td><td>-</td><td>19</td><td>170</td></tr><tr><td>10/3/55</td><td>8/15/54</td><td>1-1/8% Certificate -</td><td>8/15/55-D - Reopening</td><td>8m</td><td>-</td><td>4,919</td><td>-</td><td>4,919</td><td rowspan="2">100</td></tr><tr><td>11/11/55</td><td>12/15/54</td><td>1-1/4% Certificate -</td><td>12/15/55-E</td><td>ly</td><td>-</td><td>5,359</td><td>-</td><td>5,359</td></tr><tr><td>3/22/55</td><td>12/15/54</td><td>2-1/2% Bond -</td><td>8/15/63</td><td>8y 8m</td><td>-</td><td>6,755</td><td>-</td><td>6,755</td><td>100</td></tr><tr><td>5/3/55</td><td>2/15/55</td><td>1-5/8% Note -</td><td>3/15/56-A</td><td>ly 1m</td><td>-</td><td>8,472</td><td>-</td><td>8,472</td><td rowspan="2">100</td></tr><tr><td>7/8/55</td><td>2/15/55</td><td>2% Note -</td><td>8/15/57-C</td><td>2y 6m</td><td>-</td><td>3,792</td><td>-</td><td>3,792</td></tr><tr><td>11/11/55</td><td>2/15/55</td><td>3% Bond -</td><td>2/15/95</td><td>40y</td><td>-</td><td>1,924</td><td>-</td><td>1,924</td><td>100</td></tr><tr><td>10/3/55</td><td>4/1/55</td><td>1-3/8% Certificate -</td><td>6/22/55-F - Tax ant. 9/</td><td>21m</td><td>7,938</td><td>-</td><td>3,110</td><td>-</td><td>1/</td></tr><tr><td>11/18/55</td><td>4/1/55</td><td>1-1/2% Note -</td><td>4/1/60-EA</td><td>5y</td><td>-</td><td>198</td><td>-</td><td>198</td><td>100</td></tr><tr><td>12/1/55</td><td>5/17/55</td><td>2% Note -</td><td>8/15/56-B</td><td>ly 3m</td><td>3,989</td><td>3,174</td><td>2,532</td><td>3,174</td><td>15/</td></tr><tr><td>12/1/55</td><td>7/18/55</td><td>1-7/8% Certificate -</td><td>3/22/56-A - Tax ant. 9/</td><td>8m</td><td>10,620</td><td>-</td><td>2,202</td><td>-</td><td>16/</td></tr><tr><td>12/1/55</td><td>2/15/55</td><td>3% Bond -</td><td>2/15/95 - Reopening</td><td>39y 7m</td><td>1,720</td><td>-</td><td>821</td><td>-</td><td>17/</td></tr><tr><td>12/1/55</td><td>8/1/55</td><td>2% Certificate -</td><td>6/22/56-B - Tax ant. 9/</td><td>10y</td><td>-</td><td>1,486</td><td>-</td><td>1,486</td><td rowspan="2">100</td></tr><tr><td>12/1/55</td><td>5/17/55</td><td>2% Note -</td><td>8/15/56-B - Reopening</td><td>ly</td><td>-</td><td>6,841</td><td>-</td><td>6,841</td></tr><tr><td>11/18/55</td><td>10/11/55</td><td>2-1/4% Certificate -</td><td>6/22/56-C - Tax ant. 9/</td><td>8m</td><td>8,778</td><td>-</td><td>3,970</td><td>-</td><td>18/</td></tr><tr><td>12/1/55</td><td>10/11/55</td><td>1-1/2% Note -</td><td>10/1/60-EO</td><td>5y</td><td>-</td><td>278</td><td>-</td><td>278</td><td>100</td></tr><tr><td>12/1/55</td><td>12/1/55</td><td>2-5/8% Certificate -</td><td>12/1/56-D</td><td>ly</td><td>-</td><td>4,083</td><td>-</td><td>9,083</td><td rowspan="2">100</td></tr><tr><td>12/1/55</td><td>12/1/55</td><td>2-7/8% Note -</td><td>6/15/58-A</td><td>2y 6m</td><td>-</td><td>2,283</td><td>-</td><td>2,283</td></tr><tr><td>12/1/55</td><td>12/15/55</td><td>2.465% Bill -</td><td>3/23/56 - Tax ant. 8/ (At auction)</td><td>99d</td><td>4,136</td><td>-</td><td>1,901</td><td>-</td><td></td></tr><tr><td>1/1/56</td><td>3/5/56</td><td>2-5/8% Certificate -</td><td>2/15/57-A</td><td>11m</td><td>-</td><td>7,119</td><td>-</td><td>7,119</td><td>100</td></tr><tr><td>1/1/56</td><td>12/1/55</td><td>2-7/8% Note -</td><td>6/15/58-A - Reopening</td><td>2y 3m</td><td>-</td><td>2,114</td><td>-</td><td>2,114</td><td>100</td></tr><tr><td>7/10/56</td><td>4/1/56</td><td>1-1/2% Note -</td><td>4/1/61-EA</td><td>5y</td><td>-</td><td>1,44</td><td>-</td><td>1,44</td><td>100</td></tr><tr><td>11/1/56</td><td>7/16/56</td><td>2-3/4% Note -</td><td>8/1/57-D</td><td>ly 1m</td><td>-</td><td>12,700</td><td>-</td><td>4,500</td><td>100</td></tr><tr><td>1/1/56</td><td>8/15/56</td><td>2-3/4% Certificate -</td><td>3/22/57-B - Tax ant. 8/</td><td>7m</td><td>1,013</td><td>-</td><td>3,241</td><td>-</td><td>2/</td></tr><tr><td>1/1/56</td><td>10/1/56</td><td>1-1/2% Note -</td><td>1/1/61-EO</td><td>ly</td><td>-</td><td>532</td><td>-</td><td>532</td><td>100</td></tr><tr><td>11/13/56</td><td>11/10/56</td><td>2.627% Bill -</td><td>1/1/57 - A- au tis.</td><td>11d</td><td>1,061</td><td>-</td><td>4,019</td><td>-</td><td>1/</td></tr><tr><td>1/1/57</td><td>11/10/56</td><td>.61% Bill -</td><td>1/1/57 - A- au tis.</td><td>11d</td><td>4,677</td><td>-</td><td>1,700</td><td>-</td><td>1/</td></tr><tr><td>1/1/57</td><td>12/1/56</td><td>1-1/4% Certificate -</td><td>1/1/57 - Tax ant. 9/</td><td>ly</td><td>-</td><td>4,326</td><td>-</td><td>4,326</td><td>100</td></tr><tr><td>1/1/57</td><td>1/1/57</td><td>1-1/4% Certificate -</td><td>1/1/57 - Tax ant. 9/</td><td>1m</td><td>-</td><td>2,271</td><td>-</td><td>2,271</td><td>100</td></tr><tr><td>1/1/57</td><td>1/17/57</td><td>.9% Bill -</td><td>1/1/57 - Tax ant. 9/ (At auction)</td><td>1d</td><td>1,292</td><td>-</td><td>1,292</td><td>-</td><td>100</td></tr></table>
n't in -d n.
December 1961
35
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 colspan="2">Description of security 1/</th><th>Period to final maturity (years, months, days) 2/</th><th colspan="2">Amount of subscriptions tendered</th><th colspan="2">Amount issued</th><th>Allot-ment ratio</th></tr><tr><th></th><th></th><th></th><th></th><th></th><th>Cash 2/</th><th>Exchange</th><th>For cash 3/</th><th>In exchange 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>-</td><td>1,601 20/</td><td>-</td><td rowspan="2">100</td></tr><tr><td>2/4/57</td><td>2/15/57</td><td>3-3/8% Certificate - 3-1/2% Note</td><td>2/14/58-A 5/15/60-A</td><td>1y 3y 3m</td><td>-</td><td>8,414 1,464</td><td>-</td><td>8,414 1,464</td></tr><tr><td>2/7/57</td><td>2/15/57</td><td>3.231% Bill</td><td>6/24/57 - Tax ant. 8/ (At auction)</td><td>129d</td><td>2,302</td><td>-</td><td>1,750 20/</td><td>-</td><td></td></tr><tr><td>3/18/57</td><td>2/15/57 2/15/57</td><td>3-3/8% Certificate - 3-1/2% Note</td><td>2/14/58-A - Reopening 5/15/60-A - Reopening</td><td>101m 3y 11m</td><td>7,489 5,868</td><td>-</td><td>2,437 942</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-EA</td><td>5y</td><td>-</td><td>551</td><td>-</td><td>551</td><td>100</td></tr><tr><td>5/6/57</td><td>5/1/57 5/1/57</td><td>3-1/2% Certificate - 3-5/8% Note</td><td>4/15/58-B 2/15/62-A</td><td>11m 4y 91m</td><td>-</td><td>2,351 647</td><td>-</td><td>2,351 647</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>-</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>-</td><td>3,002</td><td>-</td><td></td></tr><tr><td>7/22/57</td><td>8/1/57 8/1/57 8/1/57</td><td>3-5/8% Certificate 4% Certificate 4% Note</td><td>12/1/57-E 8/1/58-C 8/1/61-A 22/</td><td>4m 1y 4y</td><td>-</td><td>9,871 10,487 2,509</td><td>100 100 100</td><td>9,871 10,487 2,509</td><td>100 23/</td></tr><tr><td>8/14/57</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>-</td><td>1,751</td><td>-</td><td></td></tr><tr><td>9/16/57</td><td>8/1/57 9/26/57 10/1/57</td><td>4% Certificate 4% Note 4% Bond</td><td>8/1/58-C - Reopening 8/15/62-B 24/ 10/1/69</td><td>10m 4y 11m 12y</td><td>3,067 6,121 4,648</td><td>-</td><td>933 2,000 657</td><td>-</td><td>2/ 2/</td></tr><tr><td>5/</td><td>10/1/57</td><td>1-1/2% Note</td><td>10/1/62-E0</td><td>5y</td><td>-</td><td>590</td><td>-</td><td>590</td><td>100</td></tr><tr><td>11/20/57</td><td>11/29/57 12/2/57</td><td>3-3/4% Note 3-7/8% Bond</td><td>11/15/62-C 11/15/74</td><td>4y 111m 16y 111m</td><td>7,786 3,817</td><td>-</td><td>1,143 654</td><td>-</td><td>27/ 28/</td></tr><tr><td>11/21/57</td><td>12/1/57</td><td>3-3/4% Certificate</td><td>12/1/58-D</td><td>1y</td><td>-</td><td>9,833</td><td>-</td><td>9,831</td><td>100</td></tr><tr><td>2/3/58</td><td>2/14/58 2/14/58 2/14/58</td><td>2-1/2% Certificate 3% Bond 3-1/2% Bond</td><td>2/14/59-A 2/15/64 2/15/90</td><td>1y 6y 32y</td><td>-</td><td>9,770 3,854 1,727</td><td>-</td><td>9,770 3,854 1,727</td><td>100</td></tr><tr><td>2/28/58</td><td>2/28/58</td><td>3% Bond</td><td>8/15/66</td><td>8y 51m</td><td>6,715</td><td>-</td><td>1,484</td><td>-</td><td>29/</td></tr><tr><td>5/</td><td>4/1/58 4/15/58</td><td>1-1/2% Note 2-5/8% Note</td><td>4/1/63-EA 2/15/63-A</td><td>5y 4y 10m</td><td>-</td><td>533</td><td>-</td><td>533</td><td>100</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>-</td><td>3,971</td><td>-</td><td>30/</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 1001/2</td><td>26y 11m</td><td>2,570</td><td>-</td><td>1,135</td><td>-</td><td>21/</td></tr><tr><td>6/4/58</td><td>6/15/58 6/15/58</td><td>1-1/4% Certificate 2-5/8% Bond</td><td>5/15/59-B 2/15/65</td><td>11m 6y 8m</td><td>-</td><td>1,817 7,388</td><td>-</td><td>1,817 7,388</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>1y</td><td>-</td><td>13,500</td><td>-</td><td>13,500</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>-</td><td>3,567</td><td>-</td><td>32/</td></tr><tr><td>5/</td><td>10/1/58 10/8/58</td><td>1-1/2% Note 3.25% Bill</td><td>10/1/63-E0 5/15/59 - Special at fixed price</td><td>5y 219d</td><td>-</td><td>500</td><td>-</td><td>506</td><td>100</td></tr><tr><td>9/29/58</td><td>10/10/58</td><td>3-1/2% Note</td><td>11/15/59-B</td><td>1y 1m</td><td>2,686</td><td>-</td><td>1,184</td><td>-</td><td>33</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>-</td><td>2,997</td><td>-</td><td></td></tr><tr><td>11/19/58</td><td>12/1/58 12/1/58</td><td>3-3/8% Certificate 3-5/8% Note</td><td>11/15/59-E - Issued at 99.95 5/15/61-B - Issued at 99.7/8</td><td>114m 2y 51m</td><td>-</td><td>7,711 4,078</td><td>-</td><td>7,711 4,078</td><td>100</td></tr><tr><td>1/12/59</td><td>1/21/59 1/23/59</td><td>3-1/4% Note 4% Bond</td><td>5/15/60-B - Issued at 99.3/4 2/15/80 - Issued at 99.00</td><td>1y 4m 21y 1m</td><td>5,508 1,800</td><td>-</td><td>2,738 884</td><td>-</td><td>24/ 25/</td></tr><tr><td>2/2/59</td><td>2/15/59 2/15/59</td><td>3-3/4% Certificate 4% Note</td><td>2/15/60-A - Issued at 99.993 2/15/62-D - Issued at 99.993</td><td>1y 3y</td><td>-</td><td>11,363 1,435</td><td>-</td><td>11,363 1,435</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>-</td><td>1,502</td><td>-</td><td></td></tr><tr><td>3/23/59</td><td>4/1/59 10/1/57</td><td>4% Note 4% Bond</td><td>5/15/63-B 10/1/69 - Reopening</td><td>4y 11m 10y 6m</td><td>3,052 1,502</td><td>-</td><td>1,743 619</td><td>-</td><td>12/</td></tr><tr><td>2/</td><td>4/1/59</td><td>1-1/2% Note</td><td>4/1/64-EA</td><td>5y</td><td>-</td><td>457</td><td>-</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>-</td><td>2,00*</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>-</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>-</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>-</td><td>1,269</td><td>-</td><td>1,269</td><td>100</td></tr></table>
(Continued on following page)
Footnotes at end of table.
36
Treasury Bulletin
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 orders received</th><th>Date of issue</th><th colspan="2">Description of security</th><th>Period to final maturity (years, months, days)</th><th colspan="2">Amount of subscriptions tendered</th><th colspan="2">Amount issued</th><th>All-ment ratio</th></tr><tr><th></th><th></th><th></th><th></th><th></th><th>Cash</th><th>Exchange</th><th>For cash</th><th>In exchange</th><th></th></tr><tr><td>7/1/59</td><td>7/8/59</td><td>4.075% Bill</td><td>3/2/60 - Tax ant. 8/ (At auction)</td><td>.8d</td><td>4,99</td><td>-</td><td>3,005</td><td>-</td><td rowspan="2">100</td></tr><tr><td>7/8/59</td><td>7/15/59</td><td>4.728% Bill</td><td>7/15/60 - At auction</td><td>366d</td><td>3,173</td><td>-</td><td>2,001</td><td>-</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><td>4y 10m</td><td>-</td><td>4,184</td><td>-</td><td>4,184</td><td rowspan="2">100</td></tr><tr><td>8/13/59</td><td>8/1/59</td><td>4-3/4% Note</td><td>8/15/60-C</td><td>12m</td><td>-</td><td>6,561</td><td>-</td><td>4,561</td></tr><tr><td>8/13/59</td><td>7/8/59</td><td>3.719% Bill</td><td>3/22/60 - Tax ant. 8/ (Reopening)</td><td>216d</td><td>3,16</td><td>-</td><td>999</td><td>-</td><td>10</td></tr><tr><td>10/1/59</td><td>10/1/59</td><td>1-1/2% Note</td><td>10/1/64-EC</td><td>5y</td><td>-</td><td>490</td><td>-</td><td>4,70</td><td>8</td></tr><tr><td>11/6/59</td><td>10/15/59</td><td>5% Note</td><td>8/15/64-B</td><td>4y 10m</td><td>11,14</td><td>-</td><td>2,316</td><td>-</td><td></td></tr><tr><td>11/14/59</td><td>10/21/59</td><td>4.783% Bill</td><td>6/22/60 - Tax ant. 8/ (At auction)</td><td>245d</td><td>3,779</td><td>-</td><td>2,002</td><td>-</td><td></td></tr><tr><td>11/2/59</td><td>11/15/59</td><td>4-3/4% Certificate</td><td>11/15/60-C</td><td>1y</td><td>-</td><td>7,037</td><td>-</td><td>7,037</td><td>100</td></tr><tr><td>11/23/59</td><td>11/15/59</td><td>4-7/8% Note</td><td>11/15/63-C</td><td>4y</td><td>-</td><td>3,011</td><td>-</td><td>4,011</td><td>1</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 99-3/4</td><td>4y 6m</td><td>-</td><td>749 39/</td><td>-</td><td>749 39/</td><td>1</td></tr><tr><td>11/24/59</td><td>12/2/59</td><td>4.860% Bill</td><td>10/17/60 - At auction</td><td>3.0d</td><td>3,965</td><td>-</td><td>2,007</td><td>-</td><td></td></tr><tr><td>1/5/60</td><td>10/21/59</td><td>4.726% Bill</td><td>6/22/60 - Tax ant. 8/ (Reopening)</td><td>166d</td><td>4,085</td><td>-</td><td>2,016</td><td>-</td><td></td></tr><tr><td>1/1-60</td><td>1/15/60</td><td>5.067% Bill</td><td>1/15/61 - At auction</td><td>1y</td><td>1,303</td><td>-</td><td>1,504 45/</td><td>-</td><td></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><td>1y</td><td>-</td><td>6,338</td><td>-</td><td>6,938</td><td>100</td></tr><tr><td>2/1/60</td><td>2/15/60</td><td>4-7/8% Note</td><td>11/15/64-C - Issued at 99.75</td><td>4y 1m</td><td>-</td><td>4,195</td><td>-</td><td>4,195</td><td></td></tr><tr><td>4/4/60</td><td>4/1/60</td><td>1-1/4% Note</td><td>4/1/65-EA</td><td>5y</td><td>-</td><td>466</td><td>-</td><td>466</td><td>10</td></tr><tr><td>4/4/60</td><td>4/5/60</td><td>4-1/4% Bond</td><td>4/15/75-B5</td><td>25y 1m</td><td>37c</td><td>-</td><td>47</td><td>-</td><td>10</td></tr><tr><td>4/12/60</td><td>4/14/60</td><td>4% Note</td><td>5/15/62-E</td><td>2y 1m</td><td>1,715</td><td>-</td><td>2,211</td><td>-</td><td>33</td></tr><tr><td>4/15/60</td><td>4/15/60</td><td>4.608% Bill</td><td>4/15/61 - At auction</td><td>1y</td><td>2,001</td><td>-</td><td>2,001 41/</td><td>-</td><td></td></tr><tr><td>5/2/60</td><td>5/15/60</td><td>4-3/8% Certificate</td><td>5/15/61-B</td><td>1y</td><td>-</td><td>3,674</td><td>-</td><td>3,674</td><td>100</td></tr><tr><td>6/8/60</td><td>6/23/60</td><td>3-3/4% Note</td><td>5/15/65-A</td><td>5y</td><td>-</td><td>2,113</td><td>-</td><td>2,113</td><td>100</td></tr><tr><td>7/6/60</td><td>6/23/60</td><td>3-7/8% Bond</td><td>5/15/68</td><td>3y 11m</td><td>-</td><td>4,556</td><td>-</td><td>3,893</td><td>84/</td></tr><tr><td>7/13/60</td><td>7/13/60</td><td>2.823% Bill</td><td>3/22/61 - Tax ant. 8/ (At auction)</td><td>252d</td><td>4,404</td><td>-</td><td>3,512</td><td>-</td><td>100</td></tr><tr><td>7/12/60</td><td>7/15/60</td><td>3.265% Bill</td><td>7/15/61 - At auction</td><td>1y</td><td>3,036</td><td>-</td><td>1,501 41/</td><td>-</td><td></td></tr><tr><td>8/1/60</td><td>8/15/60</td><td>3-1/8% Certificate</td><td>8/1/61-c</td><td>11m</td><td>17,389</td><td>44/</td><td>2,078 45/</td><td>5,751 46/</td><td>42/ 48/</td></tr><tr><td>10/1/60</td><td>10/1/60</td><td>1-1/2% Note</td><td>10/1/65-EO</td><td>5y</td><td>-</td><td>315</td><td>-</td><td>315</td><td></td></tr><tr><td>9/12/60</td><td>10/3/60</td><td>3-1/2% Bond</td><td>11/15/80</td><td>20y 14m</td><td>-</td><td>643</td><td>-</td><td>643</td><td></td></tr><tr><td>10/11/60</td><td>2/14/58</td><td>3-1/2% Bond</td><td>2/15/90 - Reopening</td><td>29y 4m</td><td>-</td><td>993</td><td>-</td><td>993</td><td>100</td></tr><tr><td>10/18/60</td><td>10/3/60</td><td>3-1/2% Bond</td><td>11/15/98</td><td>38y 12m</td><td>-</td><td>2,343</td><td>-</td><td>2,343</td><td>100</td></tr><tr><td>10/18/60</td><td>10/17/60</td><td>3.131% Bill</td><td>10/16/61 - At auction</td><td>1y</td><td>3,300</td><td>-</td><td>1,502 41/</td><td>-</td><td></td></tr><tr><td>10/31/60</td><td>10/21/60</td><td>2.788% Bill</td><td>6/22/61 - Tax ant. 8/ (At auction)</td><td>8m</td><td>5,440</td><td>-</td><td>3,504</td><td>-</td><td></td></tr><tr><td>11/1/60</td><td>11/15/60</td><td>3-1/4% Note</td><td>2/15/62-F</td><td>1y 3m</td><td>-</td><td>9,048</td><td>-</td><td>9,098</td><td>100</td></tr><tr><td>11/21/60</td><td>11/15/60</td><td>3-3/4% Bond</td><td>5/15/66</td><td>9y 6m</td><td>-</td><td>1,213</td><td>-</td><td>1,213</td><td>100</td></tr><tr><td>1/11/61</td><td>10/1/57</td><td>4% Bond</td><td>10/1/69 - Reopening at 100 1/2</td><td>8y 12m</td><td>-</td><td>148 50/</td><td>-</td><td>148 50/</td><td>100</td></tr><tr><td>2/6/61</td><td>1/15/61</td><td>2.679% Bill</td><td>1/15/62 - At auction</td><td>1y</td><td>3,078</td><td>-</td><td>1,502 41/</td><td>-</td><td></td></tr><tr><td>3/20/61</td><td>2/15/61</td><td>3-1/4% Note</td><td>8/15/62-G</td><td>1y 6m</td><td>18,980 51/</td><td>-</td><td>1,655</td><td>3,670 25/</td><td>53</td></tr><tr><td>4/28/61</td><td>3/15/61</td><td>3-3/8% Bond</td><td>11/15/66</td><td>5y 8m</td><td>-</td><td>2,438</td><td>-</td><td>2,438</td><td>100</td></tr><tr><td>4/12/61</td><td>3/15/61</td><td>3-5/8% Bond</td><td>11/15/67</td><td>6y 8m</td><td>-</td><td>3,604</td><td>-</td><td>3,604</td><td>100</td></tr><tr><td>4/15/61</td><td>4/1/61</td><td>1-1/2% Note</td><td>4/1/66-EA</td><td>5y</td><td>-</td><td>675</td><td>-</td><td>675</td><td></td></tr><tr><td>4/15/61</td><td>4/3/61</td><td>2.473% Bill</td><td>9/22/61 - Tax ant. 8/ (At auction)</td><td>172d</td><td>3,877</td><td>-</td><td>1,503</td><td>-</td><td></td></tr><tr><td>5/1/61</td><td>5/15/61</td><td>2.827% Bill</td><td>4/15/62 - At auction</td><td>1y</td><td>4,116</td><td>-</td><td>2,000 40/</td><td>-</td><td></td></tr><tr><td>6/8/61</td><td>5/15/61</td><td>3% Certificate</td><td>5/15/62-A</td><td>1y</td><td>13,819</td><td>55/</td><td>3,728</td><td>1,781 56/</td><td>42</td></tr><tr><td>6/14/61</td><td>5/15/61</td><td>3-1/4% Note</td><td>5/15/63-D</td><td>2y</td><td>12,947</td><td>-</td><td>1,903</td><td>1,850</td><td>50</td></tr><tr><td>7/11/61</td><td>8/3/61</td><td>2.308% Bills</td><td>11/30/61 - "Strip" of 18 series 58/ (At auction)</td><td>109.6d (Average)</td><td>4,673</td><td>-</td><td>1,802</td><td>-</td><td></td></tr><tr><td>7/17/61</td><td>7/15/61</td><td>2.908% Bill</td><td>7/15/62 - At auction</td><td>1y</td><td>4,174</td><td>-</td><td>2,004 25/</td><td>-</td><td></td></tr><tr><td>7/26/61</td><td>8/1/61</td><td>3-1/4% Note</td><td>11/15/62-H</td><td>1y 3m</td><td>-</td><td>6,082p</td><td>-</td><td>6,082p</td><td>100</td></tr><tr><td>7/26/61</td><td>8/1/61</td><td>3-3/4% Note</td><td>8/1/62-E</td><td>3y 1m</td><td>-</td><td>5,019p</td><td>-</td><td>5,019p</td><td>100</td></tr><tr><td>7/26/61</td><td>6/23/60</td><td>3-7/8% Bond</td><td>6/15/68 - Reopening - Issued at 99.375</td><td>6y 9m</td><td>-</td><td>749p</td><td>-</td><td>749p</td><td>100</td></tr><tr><td>7/26/61</td><td>7/26/61</td><td>2.484% Bill</td><td>7/23/62 - Tax ant. 8/ (At auction)</td><td>240d</td><td>5,149</td><td>-</td><td>3,503</td><td>-</td><td></td></tr></table>
notes on following page.
December 1961
37
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 colspan="2">Description of security 1/</th><th>Period to final maturity (years, months, days) 2/</th><th colspan="2">Amount of subscriptions tendered</th><th colspan="2">Amount issued</th><th>Ailot-ment ratio</th></tr><tr><th></th><th></th><th></th><th></th><th></th><th>Cash 3/</th><th>Exchange</th><th>For cash 3/</th><th>In exchange 4/</th><th></th></tr><tr><td>9/11/61</td><td>{10/3/60 2/14/58 10/3/60</td><td>3-1/2% Bond 3-1/2% Bond 3-1/2% Bond</td><td>- 11/15/80 - Reopening 2/15/90 - Reopening 11/15/98 - Reopening</td><td>19y 28y 37y</td><td>2m 5m 2m</td><td>- - -</td><td>1,275p 1,299p 1,187p</td><td>- - -</td><td>1,275p 1,299p 1,187p</td><td rowspan="2">100:9/</td></tr><tr><td>9/20/61</td><td>9/27/61</td><td>2.705% Bill</td><td>- 6/22/62 - Tax ant. 8/ (At auction)</td><td>268d</td><td></td><td>5,131</td><td>-</td><td>2,511</td><td>-</td></tr><tr><td>5/</td><td>10/1/61</td><td>1-1/2% Note</td><td>- 10/1/66-EO</td><td>5y</td><td></td><td>-</td><td>17</td><td>-</td><td>17</td><td rowspan="2">60/</td></tr><tr><td>10/2/61</td><td>5/15/61</td><td>3-1/4% Note</td><td>- 5/15/63-D - Reopening Issued at 99.875</td><td>1y 7m</td><td></td><td>5,687p</td><td>-</td><td>2,295p</td><td>-</td></tr><tr><td>10/10/61</td><td>10/16/61</td><td>2.975% Bill</td><td>- 10/15/62 - At auction</td><td>1y 1y</td><td></td><td>3,756p</td><td>-</td><td>2,003p 40/</td><td>-</td><td rowspan="3">100 66/</td></tr><tr><td>11/6/61</td><td>{11/15/61 11/15/60 12/2/57</td><td>3-1/4% Note 3-3/4% Bond 3-7/8% Bond</td><td>- 2/15/63-E - Reopening Issued at 99.75 11/15/74 - Reopening Issued at 99.00</td><td>1y 3m 5y 13y</td><td>6m</td><td>- -</td><td>3,643p 2,385p</td><td>- -</td><td>3,643p 2,385p</td></tr><tr><td>11/9/61</td><td>11/15/61</td><td>2.277 Bills</td><td>- {12/7/61} "Strip" of 8 series 61/ (At auction) {1/25/62}</td><td>46.5d (Average)</td><td></td><td>1,519p</td><td>-</td><td>800p</td><td>-</td></tr><tr><td>11/20/61</td><td>6/23/60</td><td>3-7/8% Bond</td><td>- 5/15/68 - Reopening Issued at 99.50</td><td>6y 6m</td><td></td><td>-</td><td>316p 63/</td><td>-</td><td>316p 63/</td><td>100</td></tr></table>
Footnotes to Table 4
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/ Issued at par except as noted. For bill issues sold at auction the rate shown is the equivalent average rate (bank discount basis) on accepted 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 maturing securities exchanged for the 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 November 30, 1961.
6/ The bond offering was made available for exchange of Series F and G savings bonds maturing from May 1 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 also reserved 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 profits taxes due on the quarterly payment date immediately preceding maturity.
9/ Tax anticipation certificate, 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. Subscriptions for amounts over $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.
12/ 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 $74.9 million and were allotted 65 percent. Subscriptions from all other investors totaled $970 million and were allotted 30 percent. Subscriptions for $25,000 or less 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 was paid by July 20, 1955, not less than 60 percent by September 1, 1955, and full payment by October 3, 1955.
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.
38
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Footnotes to Table 4.- (Continued)
20/ Issued as a rollover of bills maturing January 16, 1957, and February 15, 1957, respectively.
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, $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 each issue 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, $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, $100 million of the bonds were allotted to Government investment accounts. Payment of not more than 50 percent could be deferred until not later than October 21, 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, $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, $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, $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, $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, $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 44 percent on bills and 35 percent on notes but in no case less than the minimum. In addition, $100 million of the notes were allotted to Government investment accounts.
34/ Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 47 percent but in no case less than $100,000.
35/ Subscriptions from savings-type investors totaled $720 million and were allotted 70 percent. Subscriptions from commercial banks for 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. Subscriptions for more than $5,000 were allotted not less than $5,000. In addition, $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 February 24, 1959; 75 percent by March 23, 1959; and full payment by April 23, 1959).
26/ 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.
27/ Subscriptions from savings-type investors totaled $240 million and were allotted 65 percent. Subscriptions from commercial banks for their own account totaled $94.1 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 others, 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. Full-paid subscriptions of $25,000 or less, totaling $94.1 million, were allotted in full. Subscriptions from savings-type investors totaled $1,361 million and were allotted 45 percent. Subscriptions from commercial banks for their own account 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, $100 million of the notes were allotted to Government investment accounts.
30/ 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 99-3/4. Smaller denominations of savings bonds could be exchanged for the next higher multiple of $1,000 of the notes upon payment of any cash difference. Cash payments amounted to $3 million.
40/ Issued as a rollover of maturing one-year bills.
41/ Savings-type investors were given the privilege of paying for the bonds in installments up to June 15, 1960 (not less than 40 percent by April 14, the delivery date; 70 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, $7.4 million of the notes were allotted to Government investment accounts.
43/ Subscriptions for $5,000 or less were allotted in full. Subscriptions for more than $5,000 were allotted 85 percent but in no case less than $5,000. In addition, $71 million of the notes were allotted to Government investment accounts.
44/ Subscriptions were permitted to be made with payment in cash or in 4-3/4 Treasury notes maturing August 15, 1960 (see Table 6, footnote 22). In addition in order that holders of 3-5/8 Federal National Mortgage Association notes maturing August 23, 1960, might have an opportunity to reinvest the proceeds, the Secretary of the Treasury, in behalf of the Association, offered to purchase such notes on August 15, 1960, at par and accrued interest to the extent that such subscriptions were allotted and the proceeds from the par amount of the notes were applied to payment, in whole or in part, for the new securities.
45/ Combined total includes $30 million allotted on subscriptions from holders of the Federal National Mortgage Association notes maturing August 23, 1960 (see footnote 44).
46/ Consists of allotments on subscriptions from holders of Treasury notes maturing August 15, 1960.
47/ Subscriptions from States, political subdivisions, or instrumentalities thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership, foreign central banks and foreign States, Government investment accounts, and the Federal Reserve Banks as provided in the offering circular, totaled $3,285 million and were allotted in full. Subscriptions subject to allotment totaled $11,104 million and were allotted in full up to and including $5,000; all others were allotted 13 percent but in no case less than $5,000.
48/ Subscriptions totaled $1,181 million from savings-type investors and $100 million from Government investment accounts; both were allotted 25 percent. Subscriptions from commercial banks for their own accounts totaled $1,708 million and were allotted 21 percent. Subscriptions from all others totaled $1,190 million and were allotted 15 percent. Subscriptions for $5,000 or less were allotted in full; subscriptions for more than $5,000 were allotted not less than $5,000.
December 1961
39
PUBLIC DEBT OPERATIONS
Footnotes to Table 4. - (Continued)
49. In addition to the amounts allotted to the public, there were allotted to Government investment accounts $131.3 million of the 3-1/2% bonds of 1980, $215.9 million of the 3-1/2% bonds of 1990, and $36.5 million of the 3-1/2% bonds of 1998.
50. Holders of approximately $750 million of Series F and G savings bonds issued in 1949, which mature in 1960, were offered in exchange the 4% bonds, with certain adjustments as of December 15, 1960, at a price of 100 1/2. Smaller denominations of savings bonds could be exchanged for the next higher multiple of $500 of the bonds upon payment of any cash difference. Cash payments amounted to $365,375.
51. Subscriptions were permitted to be made with payment in cash or in 4-7/8% Treasury certificates maturing February 15, 1961 (see Table 6, footnote 26).
52. Consists of allotments on subscriptions from holders of certificates of indebtedness maturing February 15, 1961.
53. Subscriptions from States, political sub-divisions or instrumentalities thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership, foreign central banks and foreign States, Government investment accounts and the Federal Reserve Banks, as provided in the offering circular, totaled $1,364 million and were allotted in full. Subscriptions subject to allotment totaled $1,619 million: those up to and including $10,000 were allotted in full; all others were allotted 20 percent but in no case less than $10,000.
54. In addition to the amounts allotted to the public, there were allotted to the Federal Reserve Banks and Government investment accounts $39 million of the 3-3/8% bonds of 1966 and $540 million of the 3-5/8% bonds of 1967.
55. Subscriptions were permitted to be made with payment in cash or in the 4-3/4% Treasury certificates or 3-5/8% Treasury notes, both maturing May 15, 1961 (see Table 6, footnote 29).
56. Consists of allotments on subscriptions from holders of certificates of indebtedness and Treasury notes maturing May 15, 1961.
57. There were allotted in full all subscriptions totaling about $2,379 million for the certificates and $1,258 million for the notes, from States, political subdivisions or instrumentalities thereof, public
pension and retirement and other public funds, international organizations in which the United States holds membership, foreign central banks and foreign States, Government investment accounts, and the Federal Reserve Banks, as provided in the offering circulars. Subscriptions from all other investors were subject to allotment and totaled $11,445 million for the certificates which were allotted 27 percent, and $11,631 million for the notes which were allotted 12 percent; subscriptions for $5,000 or less were allotted in full, and subscriptions for more than $5,000 were allotted not less than $5,000.
58/ Sale of a "strip" of Treasury bills, consisting of an additional $160 million for cash of eighteen series of weekly Treasury bills maturing from August 3, 1961, to November 30, 1961.
59/ In addition to the amounts allotted to the public, there were allotted to the Federal Reserve Banks and Government investment accounts $180.4 million of the 3-1/2% bonds of 1980, $160.6 million of the 3-1/4% bonds of 1990 and $289.5 million of the 3-1/4% bonds of 1998.
60/ Subscriptions for $100,000 or less were allotted in full. Subscription for more than $100,000 were allotted 37 percent but in no case less than $100,000. In addition, $100 million of the notes were allotted to Government investment accounts.
61/ Sale of a "strip" of Treasury bills, consisting of an additional $1 million for cash of eight series of weekly Treasury bills maturing from December 7, 1961, to January 25, 1962.
62/ Includes $2 million by Government investment accounts to the 3-1/4% notes, $4 million to the 3-3/4% bonds of 1966, and $136 million to the 3-3/4% bonds of 1974.
63/ Holders of approximately $370 million of Series F and G savings bonds issued in 1950, which mature in 1962, were offered in exchange the 3-7/8% bonds with certain adjustments as of December 15, 1961, at a price of 99.50. Smaller denominations of savings bonds could be exchanged for the next higher multiple of $500 of the bonds upon payment of any cash difference. Cash payments amounted to about $398, 77 p Preliminary.
40
Treasury Bulletin
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 colspan="2">Issue</th><th colspan="2">Amount issued</th><th colspan="9">Allotments by investor classes</th></tr><tr><th>Date of financing</th><th>Description of security</th><th>For cash</th><th>In exchange for other securities</th><th>U. S. Government investment accounts and Federal Reserve Banks</th><th>Commercial banks 2/</th><th>Individuals 3/</th><th>Insurance companies</th><th>Mutual savings banks 4/</th><th>Corporations 5/</th><th>Private pension and retirement funds</th><th>State and local governments 5/</th><th>Dealers and brokers 6/</th><th>All other 6/</th></tr><tr><td>2/15/53</td><td>2-1/4% Cert. 2/15/54-A 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>7/ 7/</td><td>230 13</td><td>152 100</td><td>1,363 24</td></tr><tr><td>5/1/53</td><td>3-1/4% Bond 6/15/78-83</td><td>1,188</td><td>-</td><td>118 1</td><td>131 1</td><td>261 287</td><td>98 19</td><td>99 13</td><td>2/ 7/</td><td>2/ 7/</td><td>75 12</td><td>158 *</td><td>248 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>n.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>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>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 -</td><td>2,135 2,276</td><td>106 42</td><td>131 140</td><td>96 86</td><td>654 155</td><td>50 3</td><td>6 2</td><td>279 40</td><td>185 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>93</td><td>49</td><td>19</td><td>16</td><td>64</td></tr><tr><td>12/1/53</td><td>1-7/8% Note 12/15/54-B 2-1/2% Bond 12/15/58 9/</td><td>-</td><td>8,175 1,748</td><td>6,997 5</td><td>360 1,174</td><td>112 43</td><td>12 61</td><td>2 52</td><td>339 110</td><td>1 13</td><td>1 1</td><td>100 26</td><td>209 94</td></tr><tr><td>2/15/54</td><td>1-5/8% Cert. 2/15/55-A 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></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>428</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></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>2,897 -</td><td>26 1,686</td><td>1,138 986</td><td>175 61</td><td>146 28</td><td>139 4</td><td>216 558</td><td>36 20</td><td>*</td><td>37 294</td><td>73 130</td></tr><tr><td>8/2/54</td><td>1% Cert. 3/22/55-C 8/</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>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>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>117</td></tr><tr><td>12/15/54</td><td>1-1/8% Cert. 1/15/55-D 9/ 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 -</td><td>57 1,299 5,503</td><td>9 103 144</td><td>1 41 226</td><td>*</td><td>30 662 152</td><td>13 5</td><td>*</td><td>6 311 11</td><td>34 120 144</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 2/15/95</td><td>-</td><td>8,472 3,792 1,924</td><td>4,012 1 1</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 84</td><td>36 3 10</td><td>*</td><td>308 128 23</td><td>250 232 354</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>-</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>29</td></tr><tr><td>5/17/55</td><td>2% Note 8/15/56-B</td><td>2,532</td><td>3,174</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>4 *</td><td>21 203</td><td>62 82</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>988</td><td>1</td><td>1</td><td>45</td><td>29</td></tr><tr><td>7/20/55</td><td>3% Bond 2/15/95 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>60</td></tr><tr><td>8/1/55</td><td>2% Cert. 6/22/56-B 8/ 2% Note 8/15/56-B 9/</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 *</td><td>46 151</td><td>222 7</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>38</td><td>65</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 7,283</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 24</td><td>2 1</td><td>342 261</td><td>240 137</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></tr><tr><td>3/5/56</td><td>2-5/8% Cert. 2/15/57-A 2-7/8% Note 6/15/58-A 9/</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></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></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></tr><tr><td>10/17/56</td><td>2.627% Bill 1/16/57</td><td>1,603</td><td>-</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.s.</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></tr><tr><td>12/1/56</td><td>3-1/4% Cert. 6/24/57-C 8/ 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></tr><tr><td>1/17/56</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></tr><tr><td>1/16/57</td><td>3.305% Bill 6/24/57 8/</td><td>1,601 1/</td><td>-</td><td>n.a.</td><td>700</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>3/15/57</td><td>3.231% Bill 6/24/57 8/ 3-3/8% Cert. 2/14/58-A 3-1/2% Note 5/15/60-A</td><td>1,750 10/</td><td>-</td><td>n.a.</td><td>859</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>3/28/57</td><td>3-3/8% Cert. 2/14/58-A 2/ 3-1/4% Note 5/15/60-A</td><td>2,477 942</td><td>-</td><td>*</td><td>2,361 786</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></tr><tr><td>5/1/57</td><td>3-1/4% Cert. 4/15/58-B 3-5/8% Note 2/15/6x-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>487 45</td><td>42 1</td><td>*</td><td>272 9</td><td>91 29</td></tr></table>
F. notes at end of table.
(continued on following page)
December 1961
41
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 colspan="4">Issue</th><th colspan="10">Allotments by investor classes</th></tr><tr><th>Date of financing</th><th>Description of security</th><th>For cash</th><th>In exchange for other securities</th><th>U.S. Government investment accounts and Federal Reserve Banks</th><th>Commercial banks 2/</th><th>Individuals 3/</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</th></tr><tr><td>5/27/57</td><td>2.825% Bill 9/23/57 8/</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><td>n.a.</td></tr><tr><td>7/3/57</td><td>3.485% Bill 3/24/58 8/</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><td>n.a.</td></tr><tr><td>8/1/57</td><td>3-5/8% Cert. 12/1/57-E 8/1/61-A 4%</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>319 478 215</td><td>129 141 129</td><td>77 409 222</td></tr><tr><td>8/21/57</td><td>4.173% 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><td>n.a.</td></tr><tr><td>9/26/57</td><td>4% Cert. 8/1/58-C 8/15/62-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>*</td><td>10 2</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>6</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>24</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>1,484</td><td>-</td><td>100</td><td>676</td><td>113</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</td><td>1,135</td><td>-</td><td>100</td><td>213</td><td>86</td><td>202</td><td>76</td><td>102</td><td>31</td><td>48</td><td>9</td><td>127</td><td>141</td></tr><tr><td>6/15/58</td><td>1-1/4% Cert. 5/15/59-B 2-5/8% Bond 2/15/65</td><td>- -</td><td>1,817 7,388</td><td>92 355</td><td>571 4,031</td><td>98 209</td><td>18 233</td><td>12 72</td><td>570 1,045</td><td>8 14</td><td>*</td><td>191 190</td><td>47 924</td><td>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>546</td><td>550</td><td>351</td></tr><tr><td>8/6/58</td><td>1-1/2% Cert. 3/24/59-D 8/</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>1,184</td><td>-</td><td>109</td><td>664</td><td>78</td><td>20</td><td>19</td><td>125</td><td>4</td><td>1</td><td>49</td><td>25</td><td>94</td></tr><tr><td>11/20/58</td><td>2.999% Bill 6/22/59 8/</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-E 3-5/8% Note 5/15/61-B</td><td>- -</td><td>7,711 4,078</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>98 6</td><td>5 1</td><td>245 24</td><td>171 136</td><td>138 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>- -</td><td>11,363 1,435</td><td>5,646 9</td><td>2,418 972</td><td>150 44</td><td>158 47</td><td>43 22</td><td>1,618 140</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>3.293% Bill 9/21/59 8/</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 2,006</td><td>- -</td><td>100 50 n.a.</td><td>1,331 335 n.a.</td><td>61 26 n.a.</td><td>17 35 n.a.</td><td>28 25 n.a.</td><td>52 26 n.a.</td><td>11 15 n.a.</td><td>1 12 n.a.</td><td>5 4 n.a.</td><td>79 37 n.a.</td><td>58 54 n.a.</td></tr><tr><td>5/11/59</td><td>3.835% Bill 4/15/60</td><td>2,003</td><td>-</td><td>-</td><td>1,952</td><td>8</td><td>2</td><td>-</td><td>9</td><td>*</td><td>*</td><td>28</td><td>1</td><td>3</td></tr><tr><td>5/15/59</td><td>3.565% Bill 12/22/59 8/ 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>14</td><td>15 98</td><td>607 114</td><td>1 192</td></tr><tr><td>7/8/59</td><td>4.075% Bill 3/22/60 8/</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>1</td><td>5</td><td>*</td><td>4</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>*</td><td>5</td><td>*</td><td>*</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>1</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>1,299</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 8/ 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>-</td><td>3</td><td>*</td><td>*</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>49</td><td>58</td><td>24</td></tr><tr><td>10/21/59</td><td>4.783% Bill 6/22/60 8/</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>-</td><td>5</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>- -</td><td>7,037 3,011</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>164 319</td><td>136 139</td></tr><tr><td>12/2/59</td><td>4.860% Bill 10/17/60</td><td>2,007</td><td>-</td><td>-</td><td>1,982</td><td>8</td><td>*</td><td>*</td><td>8</td><td>1</td><td>*</td><td>5</td><td>1</td><td>10</td></tr><tr><td>12/15/59</td><td>4-3/4% Note 5/15/64-A 8/</td><td>3</td><td>747</td><td>2</td><td>222</td><td>235</td><td>67</td><td>33</td><td>35</td><td>28</td><td>44</td><td>17</td><td>1</td><td>56</td></tr><tr><td>1/8/60</td><td>4.726% Bill 6/22/60 8/ 9/</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 1/15/61</td><td>1,504 12/</td><td>-</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>24</td><td>2</td></tr><tr><td>2/15/60</td><td>4-7/8% Cert. 2/15/61-A 4-7/8% Note 11/15/64-C</td><td>- -</td><td>6,938 4,195</td><td>3,656 2,031</td><td>1,039 1,207</td><td>132 120</td><td>104 107</td><td>30 56</td><td>1,121 180</td><td>43 26</td><td>4 35</td><td>397 43</td><td>111 249</td><td>133 139</td></tr><tr><td>4/5/60</td><td>4-1/4% Bond 5/15/75-85</td><td>470</td><td>-</td><td>100</td><td>87</td><td>25</td><td>3</td><td>33</td><td>7</td><td>20</td><td>92</td><td>16</td><td>44</td><td>12</td></tr><tr><td>4/6/60</td><td>4-1/4% Note 6/15/62-E</td><td>2,211</td><td>-</td><td>27</td><td>1,616</td><td>76</td><td>13</td><td>33</td><td>76</td><td>10</td><td>7</td><td>18</td><td>168</td><td>16</td></tr></table>
Footnotes on following page.
(continued on following page)
42
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="10">Allotments by investor classes</th></tr><tr><th>For cash</th><th>In exchange for other securities</th><th>U.S. Government investment accounts and Federal Reserve Banks</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 end 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>4/15/60</td><td>4.608% Bill 4/15/61</td><td>2,001 12/</td><td>-</td><td>235</td><td>1,069</td><td>18</td><td>1</td><td>2</td><td>165</td><td>1</td><td>*</td><td>17</td><td>402</td><td>91</td></tr><tr><td>5/15/60</td><td>4-3/8% Cert. 5/15/61-B 4-5/8% Note 5/15/65-A</td><td>-</td><td>3,674 2,113</td><td>198 215</td><td>1,262 1,063</td><td>156 79</td><td>92 107</td><td>44 100</td><td>774 127</td><td>61 24</td><td>2 14</td><td>357 74</td><td>270 186</td><td>458 124</td></tr><tr><td>6/23/60</td><td>3-3/4% Note 5/15/64-D 3-7/8% Bond 5/15/68</td><td>-</td><td>3,893 320</td><td>79 57</td><td>2,582 102</td><td>130 18</td><td>180 24</td><td>65 6</td><td>213 15</td><td>33 8</td><td>16 23</td><td>171 31</td><td>144 16</td><td>280 20</td></tr><tr><td>7/13/60</td><td>2.823% Bill 3/22/61 8/</td><td>3,512</td><td>-</td><td>-</td><td>3,476</td><td>10</td><td>2</td><td>-</td><td>14</td><td>2</td><td>-</td><td>7</td><td>*</td><td>1</td></tr><tr><td>7/15/60</td><td>3.265% Bill 7/15/61</td><td>1,501 12/</td><td>-</td><td>236</td><td>612</td><td>31</td><td>6</td><td>3</td><td>117</td><td>1</td><td>1</td><td>90</td><td>290</td><td>114</td></tr><tr><td>8/15/60</td><td>3-1/8% Cert. 8/1/61-C 3-7/8% Bond 5/15/68 9/13</td><td>2,078 1,042</td><td>5,751 28</td><td>5,541 25</td><td>797 544</td><td>83 61</td><td>14 78</td><td>25 90</td><td>385 38</td><td>16 19</td><td>26 17</td><td>600 17</td><td>117 88</td><td>225 93</td></tr><tr><td>10/3/60</td><td>3-1/2% Bond 11/15/80 3-1/2% Bond 2/15/90 9/ 3-1/2% Bond 11/15/98</td><td>-</td><td>643 993 2,343</td><td>131 216 236</td><td>96 54 117</td><td>26 23 71</td><td>146 253 691</td><td>86 172 565</td><td>17 7 31</td><td>9 18 39</td><td>20 50 222</td><td>31 70 174</td><td>24 65 65</td><td>57 65 132</td></tr><tr><td>10/17/60</td><td>3.131% Bill 10/16/61</td><td>1,502 12/</td><td>-</td><td>82</td><td>723</td><td>18</td><td>7</td><td>3</td><td>182</td><td>2</td><td>*</td><td>28</td><td>334</td><td>123</td></tr><tr><td>10/21/60</td><td>2.788% Bill 6/22/61 8/</td><td>3,504</td><td>-</td><td>-</td><td>3,463</td><td>7</td><td>2</td><td>-</td><td>5</td><td>5</td><td>-</td><td>2</td><td>1</td><td>19</td></tr><tr><td>11/15/60</td><td>3-1/4% Note 2/15/62-F 3-3/4% Bond 5/15/66</td><td>-</td><td>9,098 1,213</td><td>5,102 6</td><td>1,698 821</td><td>125 23</td><td>84 40</td><td>40 35</td><td>971 33</td><td>35 4</td><td>2 5</td><td>429 48</td><td>357 126</td><td>255 72</td></tr><tr><td>12/15/60</td><td>4% Bond 10/1/69 9/</td><td>-</td><td>148</td><td>*</td><td>2</td><td>80</td><td>9</td><td>4</td><td>15</td><td>3</td><td>6</td><td>6</td><td>*</td><td>23</td></tr><tr><td>1/15/61</td><td>2.679% Bill 1/15/62</td><td>1,502 12/</td><td>-</td><td>203</td><td>651</td><td>28</td><td>1</td><td>3</td><td>97</td><td>*</td><td>1</td><td>20</td><td>406</td><td>92</td></tr><tr><td>2/15/61</td><td>3-1/4% Note 8/15/62-G 13/ 3-3/8% Bond 11/15/66</td><td>3,655</td><td>3,670</td><td>3,605</td><td>1,518</td><td>120</td><td>51</td><td>111</td><td>478</td><td>36</td><td>14</td><td>561</td><td>388</td><td>443</td></tr><tr><td>3/15/61</td><td>3-5/8% Bond 11/15/67</td><td>-</td><td>2,438 3,604</td><td>39 560</td><td>1,714 1,664</td><td>53 120</td><td>119 209</td><td>38 112</td><td>71 114</td><td>20 21</td><td>20 34</td><td>88 214</td><td>126 198</td><td>150 358</td></tr><tr><td>4/3/61</td><td>2.473% Bill 9/22/61 8/</td><td>1,503</td><td>-</td><td>-</td><td>1,492</td><td>2</td><td>1</td><td>-</td><td>2</td><td>*</td><td>-</td><td>1</td><td>-</td><td>5</td></tr><tr><td>4/15/61</td><td>2.827% Bill 4/15/62</td><td>2,000 12/</td><td>-</td><td>326</td><td>896</td><td>17</td><td>9</td><td>9</td><td>90</td><td>1</td><td>8</td><td>49</td><td>448</td><td>147</td></tr><tr><td>5/15/61</td><td>3% Cert. 5/15/62-A 13/ 3-1/4% Note 5/15/63-D</td><td>3,728 1,903</td><td>1,781 850</td><td>1,818 837</td><td>2,004 907</td><td>72 81</td><td>75 33</td><td>59 54</td><td>419 157</td><td>35 12</td><td>6 3</td><td>414 343</td><td>257 129</td><td>350 197</td></tr><tr><td>6/14/61</td><td>2.308% Bills 8/3/61- 11/30/61 14/</td><td>1,802</td><td>-</td><td>-</td><td>1,792</td><td>2</td><td>*</td><td>-</td><td>5</td><td>*</td><td>-</td><td>1</td><td>-</td><td>2</td></tr><tr><td>7/15/61</td><td>2.908% Bill 7/15/62</td><td>2,004 12/</td><td>-</td><td>75</td><td>917</td><td>21</td><td>9</td><td>7</td><td>198</td><td>9</td><td>*</td><td>86</td><td>536</td><td>146</td></tr><tr><td>7/26/61</td><td>2.484% Bill 3/23/62 8/</td><td>3,503</td><td>-</td><td>-</td><td>3,473</td><td>10</td><td>2</td><td>-</td><td>8</td><td>1</td><td>-</td><td>2</td><td>*</td><td>7</td></tr><tr><td>8/1/61</td><td>3-1/4% Note 11/15/62-H 3-3/4% Note 8/15/64-E 3-7/8% Bond 5/15/68 9/</td><td>-</td><td>6,082p 5,019p 749p</td><td>3,386 1,600 58</td><td>1,241 2,203 309</td><td>107 92 45</td><td>77 64 32</td><td>28 55 29</td><td>382 145 16</td><td>17 12 7</td><td>1 5 9</td><td>407 100 21</td><td>169 441 169</td><td>267 302 54</td></tr><tr><td>9/15/61</td><td>3-1/2% Bond 11/15/80 3-1/2% Bond 2/15/90 12/ 3-1/2% Bond 11/15/98</td><td>-</td><td>1,275p 1,299p 1,187p</td><td>480 161 290</td><td>63 80 49</td><td>34 23 27</td><td>365 535 448</td><td>73 190 95</td><td>8 10 5</td><td>13 17 3</td><td>64 120 94</td><td>94 66 64</td><td>8 33 91</td><td>73 64 21</td></tr><tr><td>9/27/61</td><td>2.705% Bill 6/22/62 8/</td><td>2,511</td><td>-</td><td>-</td><td>2,493</td><td>7</td><td>1</td><td>*</td><td>3</td><td>*</td><td>-</td><td>3</td><td>-</td><td>4</td></tr><tr><td>10/11/61</td><td>3-1/4% Note 5/15/63-D 9/</td><td>2,295p</td><td>-</td><td>100</td><td>2,056</td><td>9</td><td>7</td><td>2</td><td>20</td><td>2</td><td>*</td><td>3</td><td>82</td><td>14</td></tr><tr><td>10/16/61</td><td>2.975% Bill 10/15/62 12/7/61 14/ 2.277% Bills 1/25/62 14/</td><td>2,003p 800p</td><td>-</td><td>111</td><td>939</td><td>9</td><td>3</td><td>3</td><td>131</td><td>3</td><td>3</td><td>19</td><td>667</td><td>115</td></tr><tr><td>11/15/61</td><td>3-1/4% Note 2/15/63-E 3-3/4% Bond 5/15/66 3-7/8% Bond 11/15/74/2/</td><td>-</td><td>1,643p 2,385p 517p</td><td>68 4 136</td><td>2,158 1,514 105</td><td>78 52 8</td><td>92 89 21</td><td>37 55 4</td><td>625 66 16</td><td>25 17 3</td><td>3 2 4</td><td>165 49 9</td><td>206 405 189</td><td>186 132 22</td></tr></table>
Source: Based on subscription and allotment reports. For detail of offerings see Table 4.
1/ Excludes 1-1/2% Treasury notes issued in exchange to holders of nonmarketable 2-3/4% Treasury bonds, Investment Series B-1975-80.
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.
7/ Included in "All other."
8/ Tax anticipation security.
10/ Reopening of earlier issue.
Issued as a rollover of bills maturing January 16, 1957, and February 15, 1957, respectively.
11/ Issued in special allotment to Government investment accounts.
12/ Issued as a rollover of one-year bills.
13/ Offerings of these securities, subject to allotment were made for the purpose of paying off maturing securities in cash. Holders of the maturing securities were not offered preemptive rights to exchange their holdings for the new issues but were permitted to present them in payment, in whole or in part in cash or by exchange.
14/ Offerings consist of an additional $100 million each of outstanding weekly bills issued in "strip" form; 18 series were included in the June 14, 1961, offering and 8 series in the November 15, 1961, offering.
p Preliminary. n.a. Not available.
December 1961
43
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="3">Called or maturing security 1/</th><th>Amount outstanding</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></th><th></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>2/15/53</td><td>1-7/8% Certificate - 2/15/53-A</td><td>3/1/52</td><td>8,868</td><td>-</td><td>8,868</td><td>{8,114 620}</td><td>134</td><td>2-1/4% Certificate - 2/15/54-A 2-1/2% Bond - 12/15/58</td></tr><tr><td>3/18/53</td><td>1.720% Bill - 3/18/53</td><td>10/8/54</td><td>2,502</td><td>2,502 2/</td><td>-</td><td>4,963</td><td>4,410</td><td>553</td><td rowspan="2">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 - 6/15/53-55 Total</td><td>7/1/52 10/7/40</td><td>4,963 725 5,688</td><td>-</td><td>725 5,688</td><td>4,410 4,858</td><td>277 829</td></tr><tr><td>6/19/53</td><td>1.846% Bill - 6/19/53</td><td>11/21/52</td><td>2,003</td><td>2,003 3/</td><td>-</td><td>-</td><td>-</td><td>-</td><td rowspan="2">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 - 8/15/53-0</td><td>8/15/52</td><td>2,882</td><td>-</td><td>2,882</td><td>2,788</td><td>93</td></tr><tr><td>9/15/53</td><td>2% Bond - 9/15/51-53</td><td>9/15/43</td><td>7,986</td><td>-</td><td>7,986</td><td>4,724 2,997</td><td>266</td><td rowspan="2">1-7/8% Note - 12/15/54-B 2-1/2% Bond - 12/15/58 2</td></tr><tr><td>9/18/53</td><td>2.383% Bill - 9/18/53</td><td>9/3/53</td><td>800</td><td>800 3/</td><td>-</td><td>-</td><td>-</td></tr><tr><td>12/1/53</td><td>2-1/8% Note - 12/1/53-A</td><td>10/1/52</td><td>10,542</td><td>500 4/</td><td>10,042</td><td>8,175 1,748</td><td>118</td><td rowspan="4">1-5/8% Certificate - 2/15/55-A 2-1/2% Bond - 11/15/61 1-5/8% Certificate - 2/15/55-A 2-1/2% Bond - 11/15/61</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>5,647 2,360</td><td>108</td></tr><tr><td></td><td>1-3/8% Note - 3/15/54-A</td><td>12/15/49</td><td>4,075</td><td>-</td><td>4,675</td><td>1,360 3,237</td><td>78</td></tr><tr><td>2/15/54</td><td>2% Bond - 6/15/52-54 2-1/4% Bond - 6/15/52-55 2-1/4% Bond - 6/15/54-56 Total</td><td>6/26/44 2/25/42 7/22/40</td><td>5,825 1,501 681 20,796</td><td>-</td><td>5,825 1,501 681 20,796</td><td>4,083 6/ 1,128 6/ 369 6/</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 - 3/22/54-1 2% Bond - 6/15/52-54 2-1/4% Bond - 6/15/52-55 2-1/4% Bond - 6/15/54-56</td><td>7/15/53 12/26/44 2/25/42 7/22/40</td><td>5,902 1,743 373 311 20,796</td><td>5,902 2/</td><td>-</td><td>1,743 1,505 373 322 273</td><td>238 51 38</td><td rowspan="2">1-1/8% Certificate - 5/17/55-B 1-1/8% Certificate - 5/17/55-1 1-7/8% Note - 2/15/59-A 3,886 of 1-1/8% Certificate 2,897 of 1-7/8% Note</td></tr><tr><td>2/15/54</td><td>2-5/8% Certificate - 2/1/54-B Total</td><td>6/1/53</td><td>4,858 7,285</td><td>-</td><td>4,858 7,285</td><td>1,786 2,897 6,783</td><td>175 502</td></tr><tr><td>6/18/54</td><td>.726% Bill - 6/18/54</td><td>4/27/54</td><td>1,001</td><td>1,001 2/</td><td>-</td><td>-</td><td>-</td><td rowspan="3">1-1/8% Certificate - 8/15/55-D 2-1/8% Bond - 11/15/61 1-1/8% Certificate - 8/1/55-D 2-1/8% Bond - 11/15/61 3,558 of 1-1/8% Certificate 3,800 of 2-1/8% Bond</td></tr><tr><td>6/24/54</td><td>.956% Bill - 6/24/54</td><td>3/22/54</td><td>1,501</td><td>1,501 2/</td><td>-</td><td>1,005 1,728</td><td>55</td></tr><tr><td></td><td>2-5/8% Certificate - 8/15/54-D</td><td>3/15/53</td><td>2,788</td><td>-</td><td>2,788</td><td>2,553 2,078</td><td>93</td></tr><tr><td>8/15/54</td><td>2-5/8% Certificate - 9/15/54-E</td><td>9/15/53</td><td>4,724</td><td>-</td><td>4,724</td><td>-</td><td>148</td><td rowspan="2">1-1/8% Certificate - 8/1/55-D 1-1/4% Certificate - 12/15/55-E 2-1/2% Bond - 8/15/61 1-1/8% Certificate - 8/1/55-E 1-1/4% Certificate - 12/15/55-E 2-1/4% Bond - 8/15/73 1-1/8% Certificate - 8/1/55-D 1-1/4% Certificate - 12/15/55-E 2-1/4% Bond - 8/15/73 4,919 of 1-1/8% Certificate 6,350 of 1-1/4% Certificate 6,755 of 2-1/2% Bond</td></tr><tr><td></td><td>Total</td><td></td><td>7,512</td><td>-</td><td>7,512</td><td>7,364</td><td></td></tr><tr><td></td><td>1-7/8% Note - 12/15/54-B</td><td>12/1/53</td><td>8,175</td><td>-</td><td>8,175</td><td>4,498 3,289 346</td><td>43</td></tr><tr><td>12/15/54</td><td>2% Bond - 12/15/52-54</td><td>12/1/44</td><td>8,662</td><td>-</td><td>8,662</td><td>1,983 6,028</td><td>243</td><td rowspan="2">1-1/8% Certificate - 8/1/55-D 1-1/4% Certificate - 12/15/55-E 2-1/2% Bond - 8/15/61 1-1/8% Certificate - 8/1/55-E 1-1/4% Certificate - 12/15/55-E 2-1/4% Bond - 8/15/73 4,919 of 1-1/8% Certificate 6,350 of 1-1/4% Certificate 6,755 of 2-1/2% Bond</td></tr><tr><td></td><td>2% Bond - 12/15/51-55</td><td>12/15/41</td><td>510</td><td>-</td><td>510</td><td>14 88 380</td><td>29</td></tr><tr><td></td><td>Total</td><td></td><td>17,347</td><td>-</td><td>17,347</td><td>17,033</td><td>315</td></tr><tr><td></td><td>1-5/8% Certificate - 2/15/54-A</td><td>2/1/54</td><td>7,007</td><td>-</td><td>7,007</td><td>1,735 1,160</td><td>10</td><td rowspan="3">1-1/8% Note - 3/1/55-A 1-5/8% Note - 3/1/55-A 1-1/4% Note - 3/1/55-A 1-1/4% Note - 3/1/55-A 8,270 of 1-5/8% Certificate 1,700 of 2-1/8% Bond</td></tr><tr><td>2/15/55</td><td>1-1/2% Note - 3/15/55-A 2-7/8% Bond - 3/15/55-60</td><td>3/1/50 3/15/31</td><td>5,365 2,611</td><td>-</td><td>5,365 2,611</td><td>2,667 3,3</td><td>124</td></tr><tr><td></td><td>Total</td><td></td><td>14,483</td><td>-</td><td>14,483</td><td>4,188</td><td>104</td></tr><tr><td>3/22/55</td><td>1% Certificate - 3/22/55-C</td><td>8/2/44</td><td>3,734</td><td>3,734 2/</td><td>-</td><td>-</td><td>-</td><td rowspan="3">1-1/8% Certificate - 5/17/55-B 1-1/8% Certificate - 5/17/55-B 1-3/8% Certificate - 6/22/55-F 1-1/8% Certificate - 8/15/55-D 8,270 of 1-5/8% Certificate 1,700 of 2-1/8% Bond</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>-</td><td>3,886</td><td>1,174</td><td>12</td></tr><tr><td>5/22/55</td><td>1-3/8% Certificate - 6/22/55-F</td><td>4/1/54</td><td>3,211</td><td>3,211 2/</td><td>-</td><td>1,192</td><td>149</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>-</td><td>8,477</td><td>1,841</td><td>-</td><td>1-1/8% Certificate - 8/1/55-D 2-1/4% Note - 8/1/55-D</td></tr></table>
Footnotes at end of table.
Onto: n full wing : 974
44
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 6.- Disposition of Matured Public Marketable Securities
Other Than Regular Weekly Treasury Bills - (Continued)
<table><tr><th>Ret. or retirement</th><th>Called or maturity security 1/</th><th>Issue date</th><th>Amount outstanding</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></th><th></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>12/1/55</td><td>1-1/4% Certificate - L.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 - L.1,56-D 2-7/8% Note - 6/15/58-A</td></tr><tr><td></td><td>1-3/4% Note - L.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 - L.1/56-D 2-7/8% Note - 1/15/58-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>1/5/56</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>{ 6,415 1,109 }</td><td>148</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 2,104 of 2-7/8% Note 1/</td></tr><tr><td>1/24/56</td><td>1-7/8% Certificate - 3/22/56-A</td><td>7/18/55</td><td>2,202</td><td>2,202 3/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>1/31/56</td><td>2-465% Bill - 3/23/56</td><td>12/5/55</td><td>1,501</td><td>1,501 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>6/23/56</td><td>3% Certificate - 6/27/56-B</td><td>8/1/55</td><td>1,386</td><td>1,386 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>1/4/57</td><td>2-1/4% Certificate - 6/27/56-C</td><td>10/11/55</td><td>2,97</td><td>2,97 1/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>1/16/57</td><td>2% Note - 8/15/56-B</td><td>5/17/55</td><td>1,547</td><td>159 11/</td><td>12,388 528</td><td>11,528</td><td>860 22</td><td>1-3/4% Note - 8/1/57-D</td></tr><tr><td></td><td>1-1/2% Note - 10/1/56-E0</td><td>1/1/51</td><td>550</td><td>159</td><td>12,938</td><td>12,056</td><td>332</td><td></td></tr><tr><td></td><td>Total</td><td></td><td>13,097</td><td>159</td><td>12,938</td><td></td><td></td><td></td></tr><tr><td>3/1/57</td><td>2-3/4% Bond - 4/11/56-A</td><td>9/15/36</td><td>382</td><td>382</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>1/1/57</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>{ 1,31 7,271 }</td><td>500</td><td>1-1/4% Certificate - 6/24/57- 12/ 1-1/4% Certificate - 10/1/57-D</td></tr><tr><td>1/16/57</td><td>2-27% Bill - 1/16/57</td><td>10/17/56</td><td>1,603</td><td>1,603 12/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>1/15/57</td><td>1-17% Bill - 2/1/57</td><td>11/10/56</td><td>1,750</td><td>1,750 13/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td></td><td>1-7/8% Certificate - 1/1/57-A</td><td>3/5/57</td><td>7,219</td><td>-</td><td>7,219</td><td>{ 6,394 543 }</td><td>282</td><td>1-1/2% Note - 5/1/60-A 1-1/2% Certificate - 2/1/58-A 1-1/4% Note - 1/1/60-A</td></tr><tr><td></td><td>2-7/8% Note - 3/15/57-A</td><td>1/1/53</td><td>4,997</td><td>-</td><td>4,997</td><td>{ 1,148 921 }</td><td>578</td><td>1-3/8% Certificate - 2/1/58-A 3-3/8% Certificate - 2/1/58-A</td></tr><tr><td></td><td>1-1/4% Note - -EA</td><td>4/1/52</td><td>531</td><td>-</td><td>531</td><td>522</td><td>9</td><td>1,464 of 3-1/2% Note</td></tr><tr><td></td><td>Total</td><td></td><td>17,247</td><td>-</td><td>10,747</td><td>9,878</td><td>870</td><td></td></tr><tr><td>1/1/57</td><td>2-95% Bill - 3/17/56</td><td>1/17/56</td><td>1,048</td><td>1,006 3/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>1/3/57</td><td>1-3/4% Certificate - 1/2/57-B</td><td>8/15/56</td><td>3,121</td><td>3,221 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>1/4/57</td><td>1-7/8% Note - 5/15/57-B</td><td>10/4/54</td><td>4,155</td><td>-</td><td>4,155</td><td>{ 3,311 647 }</td><td>1,157</td><td>1-1/2% Certificate - 4/15/58-B 3-5/8% Note - 3/15/62-A</td></tr><tr><td>1/4/57</td><td>3-305% Bill - 6/24/57</td><td>1/16/57</td><td>1,01</td><td>1,601 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>1/4/57</td><td>3-31% 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>1/4/57</td><td>3-1 4% Certificate - 6/24/57</td><td>1/1/50</td><td>1,312</td><td>1,312 1/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>2/1/57</td><td>2-3/4% Note - 8/1/57-D</td><td>7/16/56</td><td>12,56</td><td>-</td><td>12,056</td><td>{ 8,893 1,783 1,034 }</td><td>34</td><td>3-5/8% Certificate - 12/1/57-E 4% Certificate - 8/1/58-C 4% Note - 8/1/61-A 3-7/8% Certificate - 12/1/57-E 4% Certificate - 8/1/58-C 4% Note - 8/1/61-A</td></tr><tr><td>2/1/57</td><td>2% Note - 8/1/57-A</td><td>2/15/57</td><td>3,792</td><td>-</td><td>3,792</td><td>{ 1,327 1,118 }</td><td>369</td><td></td></tr><tr><td>2/1/57</td><td>3-1/4% Certificate - 1/1/57-D</td><td>1/1/56</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>1/1/57</td><td>1-1/4% Note - 11/1/57-E</td><td>10/1/51</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 1C,437 of 4% Certificate 2,509 of 4% Note</td></tr><tr><td>9/3/57</td><td>1-825% Bill - 9/23/57</td><td>5/27/57</td><td>1,51</td><td>1,5C1 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>1/1/57</td><td>1-7/8% Certificate - 1/1/57-E</td><td>8/1/57</td><td>2,971</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)
December 1961
45
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>Disposition of security offered (See nis. 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>2-1/4% Certificate - 2/14/58 3% Bond - 2-1/4% Certificate - 2/14/58 3% Bond</td></tr><tr><td>2/14/58</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>2-1/4% Certificate - 2/14/58 3% Bond - 2-1/4% Certificate - 2/14/58 3% Bond</td></tr><tr><td>2/14/58</td><td>1-1/2% Note - 4/1/58-EA</td><td>4/1/51</td><td>383</td><td>-</td><td>383</td><td>194 115 25</td><td>49</td><td>1-1/4% Certificate - 2/14/58 3-1/2% Bond</td></tr><tr><td>2/14/58</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>1-1/4% Certificate - 2/14/58 3% Bond - 1-1/4% Certificate - 2/14/58 3% Bond</td></tr><tr><td>2/14/58</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>1-1/4% Certificate - 2/14/58 1-1/4% Bond - 2/14/58 1-1/4% Bond</td></tr><tr><td></td><td>Total</td><td></td><td>16,785</td><td>-</td><td>16,785</td><td>15,351</td><td>1,434</td><td>1,77 of 1-1/4% Certificate 3,85 of 3% Bond 1,27 of 2-1/4% Bond</td></tr><tr><td>3/24/58</td><td>3,485% Bill - 3/24/58</td><td>7/3/57</td><td>3,000</td><td>3,002 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>3/24/58</td><td>2-7/8% Note - 6/15/58-A</td><td>12/1/55</td><td>4,332</td><td>-</td><td>4,392</td><td>1,015 3,195</td><td>181</td><td>1-1/4% Certificate - 2/15/58 2-5/8% Bond</td></tr><tr><td>6/15/58</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>.8</td><td>1-1/4% Certificate - 5/15/58 1-5/8% Bond</td></tr><tr><td>6/15/58</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 - 2-5/8% Bond</td></tr><tr><td></td><td>Total</td><td></td><td>9,555</td><td>-</td><td>9,555</td><td>9,204</td><td>351</td><td>1,91 of 1-1/4% Certificate 7,388 of 2-5/8% Bond</td></tr><tr><td>June '58</td><td>2-5/8% Bond - 2/15/65</td><td>6/15/58</td><td>7,388</td><td>104 14/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>July '58</td><td>2-5/8% Bond - 2/15/65</td><td>6/15/58</td><td>7,284</td><td>387 14/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>8/1/58</td><td>4% Certificate - 8/1/58-C</td><td>8/1/51</td><td>11,519</td><td>-</td><td>11,519</td><td>10,634 2,206</td><td>885 1,612</td><td>1-5/8% Certificate - 8/1/59-1</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></td><td></td><td></td></tr><tr><td>8/1/58</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>660</td><td>267</td><td></td></tr><tr><td></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>10/1/58</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 - 11/15/58-E 3-5/8% Note - 5/15/58</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>311</td><td>3-3/8% Certificate - 11/15/58-E 3-5/8% Note - 5/15/58</td></tr><tr><td></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 - 2/15/6-A 4% Note</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>3,448 856</td><td>1,190</td><td>3-3/4% Certificate - 2/15/6-A 4% Note - 2/15/6-D</td></tr><tr><td></td><td>Total</td><td></td><td>14,872</td><td>-</td><td>14,872</td><td>12,798</td><td>2,074</td><td>11,393 of 4-1/4% Certificate 1,431 of 4% Note</td></tr><tr><td>3/24/59</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>4/1/59</td><td>1-1/2% Note - 4/1/59-EA</td><td>4/1/54</td><td>111</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>1,211</td><td>647</td><td>4% Certificate - 9/15/59-E</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>11,168 4,152</td><td>411</td><td>3-3/4% Note - 9/15/59-B 4-1/4% Note - 9/15/59-B 4-1/4% Note - 9/15/59-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 - 9/15/59-A 4-1/4% Note - 9/15/59-A</td></tr><tr><td></td><td>Total</td><td></td><td>13,973</td><td>-</td><td>13,973</td><td>13,745</td><td>419</td><td>9,561 of Note - 9/18, of Note</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>1,442 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)
46
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 6.- Disposition of Matured Public Marketable Securities Other Than Regular Weekly Treasury Bills - (Continued)
<table><tr><th rowspan="2">Date of refunding or retirement</th><th colspan="3">Called or maturing security 1/</th><th colspan="3">Disposition offers by Treasury</th><th rowspan="2">Results of exchange offers Exchanged</th><th rowspan="2">Turned in for caan 2/</th><th rowspan="2">Description of new security offered (See also Table 4.)</th></tr><tr><th>Description</th><th>Issue date</th><th>Amount outstanding</th><th>Cash retirement</th><th>Exchange security offered</th></tr><tr><td rowspan="4">11/17/59</td><td>3-1/2% Certificate - 11/15/59-E</td><td>12/1/58</td><td>7,711</td><td>-</td><td>7,711</td><td>(6,134 871)</td><td>306</td><td>4-3/4% Certificate - 11/15/60-E 4-7/8% Note - 11/15/61-B</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-E 4-7/8% Note - 11/15/61-B</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 17/</td><td>-</td><td>4-7/8% Note - 11/15/61-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>11/17/59</td><td>1-1/4% Bill - 12/22/59</td><td>5/15/59</td><td>1,500</td><td>1,500 3/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>3.75% Bill - 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><td></td></tr><tr><td>3-1/4% Certificate - 2/15/60-A</td><td>2/15/59</td><td>11,363</td><td>-</td><td>11,363</td><td>(6,829 4,163)</td><td>370</td><td>4-7/8% Certificate - 11/15/61-A 4-7/8% Note - 11/15/61-A</td></tr><tr><td>1-1/4% Note - 4/1/60-EA</td><td>4/1/55</td><td>198</td><td>-</td><td>198</td><td>(109 32)</td><td>57</td><td>4-7/8% Certificate - 11/15/61-A 4-7/8% Note - 11/15/61-A</td></tr><tr><td>Total</td><td></td><td>11,561</td><td>-</td><td>11,561</td><td>11,134</td><td>427</td><td>1,938 of 4-7/8% Certificate 4,195 of 4-7/8% Note</td></tr><tr><td>11/17/59</td><td>4% Note - 8/15/62-B</td><td>9/26/57</td><td>159 2/</td><td>159</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>4-1/4% Bill - 3/22/60</td><td>7/8/59</td><td>3,005</td><td>3,005 3/</td><td>-</td><td>-</td><td>-</td><td></td><td></td></tr><tr><td>3.71% Bill - 3/22/60</td><td>7/8/59</td><td>999</td><td>999 2/</td><td>-</td><td>-</td><td>-</td><td></td><td></td></tr><tr><td>1-1/2% Note - 4/1/60-EA</td><td>4/1/55</td><td>57</td><td>57</td><td>-</td><td>-</td><td>-</td><td></td><td></td></tr><tr><td>1.83% Bill</td><td>5/11/59</td><td>2,003</td><td>2,003 18/</td><td>-</td><td>-</td><td>-</td><td></td><td></td></tr><tr><td>4% Certificate - 5/15/60-B</td><td>5/15/59</td><td>1,269</td><td>-</td><td>1,269</td><td>(928 243)</td><td>48</td><td>4-3/4% Certificate - 11/15/61-B 4-3/4% Note - 11/15/61-A</td></tr><tr><td>3-1/2% Note - 5/15/60-A</td><td>2/15/57</td><td>2,406</td><td>-</td><td>2,406</td><td>(1,38 408)</td><td>82</td><td>4-3/4% Certificate - 11/15/61-B 4-3/4% Note - 11/15/61-A</td></tr><tr><td>3-1/4% Note - 5/15/60-B</td><td>1/21/59</td><td>2,738</td><td>-</td><td>2,738</td><td>(1,708 784)</td><td>46</td><td>4-7/8% Certificate - 11/15/61-B 4-7/8% Note - 11/15/61-A</td></tr><tr><td>Total</td><td></td><td>6,413</td><td>-</td><td>6,413</td><td>5,787</td><td>626</td><td>3,674 of 4-3/4% Certificate 2,113 of 4-7/8% Note</td></tr><tr><td>11/17/59</td><td>4.783% Bill - 6/22/60</td><td>10/21/59</td><td>2,002</td><td>2,002 3/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>4.72% Bill - 6/22/60</td><td>10/21/59</td><td>2,016</td><td>2,016 3/</td><td>-</td><td>-</td><td>-</td><td></td><td></td></tr><tr><td>1-1/4% Bond - 11/15/61</td><td>2/15/54</td><td>11,177</td><td>-</td><td>(3,000 21/ 1,500 1/)</td><td>1,393 320</td><td>-</td><td>4-7/8% Note - 11/15/61-D 4-7/8% Bond - 1/15/68</td></tr><tr><td>4.72% Bill - 7/15/60</td><td>7/15/59</td><td>2,001</td><td>2,001 18/</td><td>-</td><td>-</td><td>-</td><td></td><td></td></tr><tr><td>3-1/4% Note - 8/15/60-C</td><td>8/1/59</td><td>9,561</td><td>-</td><td>9,561</td><td>(6,761 8)</td><td>1,781 23/</td><td>4-1/4% Certificate - 11/15/61- 4-7/8% Bond - 5/15/68</td></tr><tr><td>1-1/4% Note - 10/1/60-BO</td><td>10/1/55</td><td>278</td><td>278</td><td>-</td><td>-</td><td>-</td><td></td><td></td></tr><tr><td>2-1/4% Bond - 12/15/63-68</td><td>12/1/42</td><td>2,109</td><td>-</td><td>2,109 32/</td><td>141</td><td>-</td><td>4-1/4% Bond - 11/15/60</td></tr><tr><td>2-1/4% Bond - 12/15/63-68</td><td>12/1/42</td><td>2,815</td><td>-</td><td>-</td><td>13</td><td>-</td><td>4-1/4% Bond - 11/15/60</td></tr><tr><td>2-1/4% Bond - 6/15/64-69</td><td>6/15/43</td><td>3,737</td><td>-</td><td>3,737</td><td>1,343</td><td>-</td><td>2-1/4% Bond - 11/15/68</td></tr><tr><td>2-1/4% Bond - 1-15/64-69</td><td>9/15/43</td><td>3,811</td><td>-</td><td>-</td><td>-</td><td>-</td><td></td><td></td></tr><tr><td>Total</td><td></td><td>12,973</td><td>-</td><td>9,599</td><td>3,979</td><td>-</td><td></td></tr><tr><td>11/17/59</td><td>4.80% Bill - 10/17/60</td><td>12/2/59</td><td>2,007</td><td>2,007 18/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>4-3/4% Certificate - 11/15/60- 11/15/59</td><td>11/15/59</td><td>7,337</td><td>-</td><td>7,337</td><td>(6,431 345)</td><td>71</td><td>4-1/4% Note - 11/15/61-F 4-1/4% Bond - 5/15/64</td></tr><tr><td>2-1/4% Bond - 11/15/61</td><td>8/15/54</td><td>3,810</td><td>-</td><td>3,810</td><td>(2,667 878)</td><td>262</td><td>4-1/4% Note - 11/15/61-F 4-1/4% Bond - 1/15/64</td></tr><tr><td>Total</td><td></td><td>1,944</td><td>-</td><td>1,944</td><td>10,311</td><td>533</td><td>1,708 of 2-1/4% Note 1,131 of 4-1/4 Bond</td></tr><tr><td>11/17/59</td><td>1-1/4% Bill - 1/1/61</td><td>1/15/60</td><td>1,744</td><td>1,504 19/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>2-1/4% Bill - 1/1/61</td><td>1/1/60</td><td>6,338</td><td>1,738 45/</td><td>-</td><td>3,07 1,290</td><td>1,608 27/</td><td>1-1/4% Note - 11/15/60</td></tr><tr><td>2-1/4% Bond - 1/15/61-66</td><td>1/1/4</td><td>1,262</td><td>-</td><td>1,262 18/</td><td>1,177</td><td>-</td><td>3-1/4% Bond - 11/1/61</td></tr><tr><td>2-1/4% Bond - 11/15/61</td><td>11/15/4</td><td>1,449</td><td>-</td><td>1,449</td><td>1,131</td><td>-</td><td>3-1/4% Bond - 11/1/61</td></tr><tr><td>2-5/8% Note - 1/1/61-A</td><td>1/1/4</td><td>3,371</td><td>-</td><td>3,371</td><td>2,438</td><td>-</td><td>1-1/4% Bond - 11/15/60</td></tr><tr><td>2-1/4% Bond - 2/1/61</td><td>2/1/54</td><td>5,752</td><td>-</td><td>5,752</td><td>-</td><td>-</td><td>1-1/4% Bond - 11/15/60</td></tr><tr><td>Total</td><td></td><td>17,440</td><td>-</td><td>8,000</td><td>6,641</td><td>-</td><td>1-1/4% of 1-1/4% Bond 1-1/4% of 1-1/4% Bond</td></tr></table>
Footnotes at end of table.
(continued on following page)
December 1961
47
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>3/22/61</td><td>2.823% Bill -</td><td>3/22/61</td><td>7/13/60</td><td>3,512</td><td>3,122/</td><td>-</td><td>-</td><td></td></tr><tr><td>4/1/61</td><td>1-1/2% Note -</td><td>4/1/61-EA</td><td>4/1/56</td><td>144</td><td>144</td><td>-</td><td>-</td><td></td></tr><tr><td>4/15/61</td><td>4.608% Bill -</td><td>4/15/61</td><td>4/15/60</td><td>2,001</td><td>2,00118/</td><td>-</td><td>-</td><td></td></tr><tr><td>5/15/61</td><td>4-3/8% Certificate -</td><td>5/15/61-B</td><td>5/15/60</td><td>3,674</td><td>3,674</td><td>5422</td><td>3,599</td><td>3% Certificate - 5/15/62-A 3-1/4% Note - 5/15/63-D</td></tr><tr><td></td><td>3-5/8% Note -</td><td>5/15/61-B</td><td>12/1/58</td><td>4,078</td><td>4,078</td><td>1,727 829</td><td>1,523</td><td>3% Certificate - 5/15/62-A 3-1/4% Note - 5/15/63-D</td></tr><tr><td></td><td>Total</td><td></td><td></td><td>7,753</td><td>7,75329/</td><td>2,631</td><td>5,22220</td><td></td></tr><tr><td>6/1/61</td><td>3% Bond (Panama Canal loan)</td><td>6/1/61</td><td>6/1/11</td><td>50</td><td>50</td><td>-</td><td>-</td><td></td></tr><tr><td>6/22/61</td><td>2.788% Bill -</td><td>6/22/61</td><td>10/21/60</td><td>3,504</td><td>3,5042/</td><td>-</td><td>-</td><td></td></tr><tr><td>7/15/61</td><td>3.265% Bill -</td><td>7/15/61</td><td>7/15/60</td><td>1,501</td><td>1,50118/</td><td>-</td><td>-</td><td></td></tr><tr><td></td><td>3-1/8% Certificate -</td><td>8/1/61-C</td><td>8/15/60</td><td>7,829</td><td>-</td><td>4,590; 3,049p 131p</td><td>88p</td><td>3-1/4% Note - 11/15/62-H 3-3/4% Note - 8/15/64-E 3-7/8% Bond - 5/15/68</td></tr><tr><td></td><td>4% Note -</td><td>8/1/61-A</td><td>8/1/57</td><td>2,136</td><td>-</td><td>658p 991p 289p</td><td>198p</td><td>3-1/4% Note - 11/15/62-H 3-3/4% Note - 8/15/64-E 3-7/8% Bond - 5/15/68</td></tr><tr><td>8/1/61</td><td>2-3/4% Bond -</td><td>9/15/61</td><td>11/9/53</td><td>2,239</td><td>-</td><td>681p 390p 320p</td><td>348p</td><td>3-1/4% Note - 11/15/62-H 3-3/4% Note - 8/15/64-E 3-7/8% Bond - 5/15/68</td></tr><tr><td></td><td>1-1/2% Note -</td><td>10/1/61-BO</td><td>10/1/56</td><td>332</td><td>-</td><td>183p 89p 8p</td><td>52p</td><td>3-1/4% Note - 11/15/62-H 3-3/4% Note - 8/15/64-E 3-7/8% Bond - 5/15/68</td></tr><tr><td></td><td>Total</td><td></td><td></td><td>12,536</td><td>12,536</td><td>11,850p</td><td>680p</td><td>6,082p of 3-1/4% Note 5,019p of 3-3/4% Note 749p of 3-7/8% Bond</td></tr><tr><td></td><td>2-1/2% Bond -</td><td>3/15/65-70</td><td>2/1/44</td><td>4,688</td><td>-</td><td>1,036p 723p 495p</td><td>-</td><td>3-1/2% Bond - 11,198 3-1/2% Bond - 2/1/63 3-1/2% Bond - 11,1/98</td></tr><tr><td>9/15/61</td><td>2-1/2% Bond -</td><td>3/15/66-71</td><td>12/1/44</td><td>2,927</td><td>-</td><td>239p 576p 691p</td><td>-</td><td>3-1/2% Bond - 11,15/63 3-1/2% Bond - 2/1/64 3-1/2% Bond - 11,1/98</td></tr><tr><td></td><td>Total</td><td></td><td></td><td>7,615</td><td>7,615</td><td>1,275p 1,299p 1,187p</td><td>-</td><td>3-1/2% Bond - 11,1/63 3-1/2% Bond - 2/1/64 3-1/2% Bond - 11,1/98</td></tr><tr><td>9/22/61</td><td>2.473% Bill -</td><td>9/22/61</td><td>4/3/61</td><td>1,503</td><td>1,5032/</td><td>-</td><td>-</td><td></td></tr><tr><td>10/16/61</td><td>3.131% Bill -</td><td>10/16/61</td><td>10/17/60</td><td>1,502</td><td>1,50218/</td><td>-</td><td>-</td><td></td></tr><tr><td>11/15/61</td><td>2-1/2% Bond -</td><td>11/15/61</td><td>2/15/54</td><td>6,963</td><td>-</td><td>3,643p 2,385p 17p</td><td>418p</td><td>3-1/4% Note - 15/63-E 3-3/4% Note - 5/15/65 3-7/8% Bond - 11/1/74</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 "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, 1953. 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 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, $17 million of these notes were purchased by the Treasury for account of the Sinking Fund and retired.
12. Also designated tax anticipation certificates.
13. Two issues of bills, maturing January 16, 1957, and February 15, 1957, respectively, were rolled over into new issues of tax anticipation bills, both maturing June 24, 1957.
14. During June and July 1958, $41 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. 75a).
15. Called on May 14, 1958, for redemption on September 15, 1958.
16. Represents amount which owners exercised the option to redeem on August 1, 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 1, 1959, for the 2-7/8% notes.
18. Rolled over into a one-year bill (see Table 4).
19. Amount which owners exercised the option to redeem on February 15, 1960 (see Table 4, footnote 24).
Remaining figures on following page.
48
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Footnotes to Table 6 - (Continued)
Advance refunding offering. Pursuant to the provisions of section 1371a of the Internal Revenue Code of 1954, as added by Public Law 83-344, approved September 22, 1954, the Treasury of the United States has declared that it again will be recognized for Federal income tax purposes upon the exchange of the eligible outstanding securities solely for the new securities. For tax purposes, therefore, the Treasury will carry the new securities on its books at the same amount as it had been carrying the eligible securities exchanged. Neither loss, if any, upon the obligations surrendered in exchange will be taken into account upon the disposition, or redemption, of the new obligations.
Holders of 2-1/2% Treasury bonds maturing November 15, 1961, were offered the option to exchange the bonds during the period from June 8, 1961, to June 13, 1960, inclusive, subject to allotment if subscriptions exceeded by 11 percent the offering limits of $1.4 billion for the notes and $1.1 billion for the bonds.
Holders of the maturing notes were not offered preemptive rights to exchange their holdings, but were permitted to present them in payment or exchange, in whole or in part, for the 3-1/8% certificates or the 3-1/8% bonds, which were offered in an aggregate of around $3-3/4 billion. For detail of offering, see Table 4.
Excess of maturing 4-3/4% Treasury notes over all ments of new securities on subscriptions from holders of these notes (see Table 4, Columns 4a and 4b).
Renewing of an earlier issue.
Holders of 2-1/4% Treasury bonds maturing June 15, 1967, December 15, 1968, June 15, 1970, and December 1, 1974, were offered the option to exchange the bonds during the period from September 1, 1967, to September 20, 1960, inclusive, the first for 3-1/2% bonds of 1967, the second for 3-1/2% bonds of 1990, and the other two for 3-1/2% bonds of 1998, subject to allotment if the combined total of subscriptions for the bonds of 1990 and 1998 exceeded an outside limit of $1.1 billion.
Holders of the maturing certificates were not offered preemptive rights to exchange their holdings, but were permitted to present them in payment or exchange, in whole or in part, for the 3-1/4% notes offered in the amount of around $1.9 billion. For detail of offering, see Table 4.
Excess of maturing 4-7/8% certificates over all ments of new securities on subscriptions from holders of those certificates (see Table 4, Columns 51 and 52).
From March 21 through March 21, 1961, holders of 2-1/4% bonds of June 15, 1959-62, 2-1/4% bonds of December 15, 1960, 2-3/4% bonds maturing February 15, 1973, and 2-1/2% bonds maturing August 15, 1963, were granted the option of exchanging their holdings. The first three were exchangeable for a new 3-1/2% bond due November 15, 1967, and the last for a new 3-3/8% bond due November 15, 1967. Exchanges were subject to allotment if subscription no exceeded $1 billion for the bonds of 1967 or $1 billion for the bonds of 1968.
10.1 In the event of early termination of this offering, the underwriters may terminate their holdings of the securities listed above in their entirety or exchange them for an amount equal to $1.5 million (whether or not certificates in the amount of $1.5 million are issued). For details of offering, see Exhibit A. 
10.2 Excess of maturing 4.5% certificates and 3.5% notes over allotments of new securities on subscriptions from holders of those certificates and notes (see Table 4, footnotes 52 and 56).
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>1,233</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>5,922</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>1,273</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>6/22/56</td><td>Certificate</td><td>2,970</td><td>1,821</td><td>1,079</td></tr><tr><td>3/22/57</td><td>Bill</td><td>1,706</td><td>473</td><td>533</td></tr><tr><td>3/22/57</td><td>Certificate</td><td>3,221</td><td>1,922</td><td>1,299</td></tr><tr><td>6/22/57</td><td>Bill</td><td>1,621</td><td>1,662</td><td>1,687</td></tr><tr><td>6/24/57</td><td>Certificate</td><td>1,312</td><td>632</td><td>692</td></tr><tr><td>3/23/57</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>1,824</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>9/21/59</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>2,251</td><td>1,753</td></tr><tr><td>3/22/60</td><td>Bill</td><td>999</td><td></td><td></td></tr><tr><td>6/22/60</td><td>Bill</td><td>2,222</td><td>1,916</td><td>2,102</td></tr><tr><td>6/22/60</td><td>Bill</td><td>2,216</td><td></td><td></td></tr><tr><td>3/22/61</td><td>Bill</td><td>3,112</td><td>1,681</td><td>1,832</td></tr><tr><td>6/13/61</td><td>Bill</td><td>3,604</td><td>1,604</td><td>1,803</td></tr><tr><td>9/22/61</td><td>Bill</td><td>1,603</td><td>228</td><td>775</td></tr></table>
December 1961
49
UNITED STATES SAVINGS BONDS
Series E and H are the only savings bonds currently 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 G 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 terms appear in the Treasury Bulletins of April 1951, May 1952, May 1957, October and December 1959, and May and October 1961.
Table 1.- Sales and Redemptions by Series, Cumulative through November 30, 1961
(In millions of dollars)
<table><tr><th rowspan="2">Series</th><th rowspan="2">Sales 1/</th><th rowspan="2">Accrued discount</th><th rowspan="2">Sales plus accrued discount</th><th rowspan="2">Redemptions 1/</th><th colspan="2">Amount outstanding</th></tr><tr><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>4,986</td><td>-</td><td>17</td></tr><tr><td>Series E and H</td><td>108,825</td><td>16,741</td><td>125,566</td><td>81,208</td><td>44,358</td><td>-</td></tr><tr><td>Series F, G, J, and K</td><td>31,951</td><td>1,228</td><td>33,180</td><td>29,525</td><td>3,466</td><td>188</td></tr><tr><td>Total A-K</td><td>144,725</td><td>19,024</td><td>163,749</td><td>115,719</td><td>47,824</td><td>205</td></tr></table>
Source: Daily Treasury statement; Office of Debt Analysis 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/</th><th colspan="2">Amount outstanding</th></tr><tr><th></th><th></th><th></th><th></th><th>Total</th><th>Sales price 2/</th><th>Accrued discount 2/</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>1935-1954 4/</td><td>107,775</td><td>9,844</td><td>117,620</td><td>59,430</td><td>55,686</td><td>3,744</td><td>58,061</td><td>128</td></tr><tr><td>1955 4/</td><td>6,473</td><td>1,231</td><td>7,704</td><td>7,251</td><td>6,487</td><td>764</td><td>58,365</td><td>277</td></tr><tr><td>1956</td><td>5,846</td><td>1,214</td><td>7,060</td><td>7,846</td><td>7,018</td><td>828</td><td>57,497</td><td>360</td></tr><tr><td>1957</td><td>4,381</td><td>1,216</td><td>6,097</td><td>8,958</td><td>8,055</td><td>903</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>8,344</td><td>7,368</td><td>1,175</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>6,377</td><td>872</td><td>50,503</td><td>331</td></tr><tr><td>1960</td><td>4,307</td><td>1,240</td><td>5,547</td><td>8,557</td><td>7,542</td><td>1,015</td><td>47,544</td><td>280</td></tr><tr><td>1961</td><td>4,464</td><td>1,286</td><td>5,749</td><td>5,819</td><td>5,038</td><td>781</td><td>47,514</td><td>240</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>1935-1954</td><td>110,772</td><td>10,464</td><td>121,236</td><td>62,878</td><td>58,776</td><td>4,102</td><td>58,672</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>6,518</td><td>783</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>7,419</td><td>846</td><td>56,293</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>8,674</td><td>956</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>6,450</td><td>805</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>7,763</td><td>1,009</td><td>48,154</td><td>494</td></tr><tr><td>1960</td><td>4,350</td><td>1,262</td><td>5,612</td><td>6,732</td><td>5,851</td><td>881</td><td>47,159</td><td>368</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>1961-January</td><td>456</td><td>129</td><td>584</td><td>559</td><td>472</td><td>86</td><td>47,243</td><td>310</td></tr><tr><td>February</td><td>416</td><td>100</td><td>515</td><td>448</td><td>383</td><td>65</td><td>47,327</td><td>294</td></tr><tr><td>March</td><td>435</td><td>99</td><td>534</td><td>489</td><td>423</td><td>66</td><td>47,395</td><td>270</td></tr><tr><td>April</td><td>348</td><td>97</td><td>446</td><td>433</td><td>374</td><td>59</td><td>47,420</td><td>258</td></tr><tr><td>May</td><td>371</td><td>99</td><td>470</td><td>436</td><td>377</td><td>59</td><td>47,461</td><td>251</td></tr><tr><td>June</td><td>370</td><td>128</td><td>498</td><td>455</td><td>393</td><td>63</td><td>47,514</td><td>240</td></tr><tr><td>July</td><td>342</td><td>135</td><td>477</td><td>423</td><td>362</td><td>61</td><td>47,574</td><td>234</td></tr><tr><td>August</td><td>393</td><td>102</td><td>495</td><td>438</td><td>378</td><td>60</td><td>47,640</td><td>225</td></tr><tr><td>September</td><td>339</td><td>100</td><td>439</td><td>415</td><td>358</td><td>58</td><td>47,670</td><td>219</td></tr><tr><td>October</td><td>370</td><td>101</td><td>471</td><td>406</td><td>349</td><td>57</td><td>47,743</td><td>210</td></tr><tr><td>November</td><td>358</td><td>102</td><td>460</td><td>383</td><td>330</td><td>53</td><td>47,824</td><td>205</td></tr></table>
Source: Daily Treasury statement; Office of Debt Analysis in the Office of the Secretary.
Footnotes at end of Table 4.
50
Treasury Bulletin
UNITED STATES SAVINGS BONDS
Table 3.- Sales and Redemptions by Periods, Series E through K
(In millions of dollars)
<table><tr><th>Period</th><th>Sales 1/</th><th>Accrued discount</th><th>Sales plus accrued discount</th><th>Total</th><th>Sales price 2/</th><th>Accrued discount 2/</th><th>Interest-bearing debt</th><th>Amount outstanding Matured debt</th></tr><tr><td colspan="9">Series E and H combined</td></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>1941-1954 4/</td><td>73,979</td><td>8,061</td><td>82,040</td><td>44,558</td><td>42,058</td><td>2,500</td><td>37,482</td><td>-</td></tr><tr><td>1955 4/</td><td>5,225</td><td>1,123</td><td>6,348</td><td>4,544</td><td>3,911</td><td>633</td><td>39,285</td><td>-</td></tr><tr><td>1956</td><td>5,260</td><td>1,114</td><td>6,374</td><td>4,730</td><td>4,069</td><td>661</td><td>40,929</td><td>-</td></tr><tr><td>1957</td><td>4,613</td><td>1,133</td><td>5,746</td><td>5,176</td><td>4,644</td><td>732</td><td>41,498</td><td>-</td></tr><tr><td>1958</td><td>4,670</td><td>1,161</td><td>5,831</td><td>5,187</td><td>4,124</td><td>1,058</td><td>44,142</td><td>-</td></tr><tr><td>1959</td><td>4,506</td><td>1,174</td><td>5,680</td><td>5,107</td><td>4,316</td><td>797</td><td>42,716</td><td>-</td></tr><tr><td>1960</td><td>4,307</td><td>1,194</td><td>5,501</td><td>5,502</td><td>4,616</td><td>886</td><td>42,715</td><td>-</td></tr><tr><td>1961</td><td>4,464</td><td>1,254</td><td>5,717</td><td>4,627</td><td>3,906</td><td>721</td><td>43,806</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></tr><tr><td>1941-1954</td><td>76,352</td><td>8,626</td><td>84,977</td><td>46,744</td><td>43,946</td><td>2,798</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>3,998</td><td>654</td><td>40,003</td><td>-</td></tr><tr><td>1956</td><td>5,043</td><td>1,124</td><td>6,167</td><td>4,832</td><td>4,102</td><td>670</td><td>41,338</td><td>-</td></tr><tr><td>1957</td><td>4,507</td><td>1,143</td><td>5,649</td><td>5,169</td><td>4,686</td><td>783</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>4,856</td><td>4,129</td><td>727</td><td>42,481</td><td>-</td></tr><tr><td>1959</td><td>4,320</td><td>1,169</td><td>5,489</td><td>5,119</td><td>4,636</td><td>883</td><td>42,559</td><td>-</td></tr><tr><td>1960</td><td>4,350</td><td>1,224</td><td>5,574</td><td>4,996</td><td>4,202</td><td>794</td><td>43,137</td><td>-</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>1961-January</td><td>456</td><td>126</td><td>581</td><td>441</td><td>364</td><td>80</td><td>43,278</td><td>-</td></tr><tr><td>February</td><td>416</td><td>98</td><td>513</td><td>375</td><td>314</td><td>61</td><td>43,416</td><td>-</td></tr><tr><td>March</td><td>435</td><td>97</td><td>532</td><td>412</td><td>350</td><td>62</td><td>41,536</td><td>-</td></tr><tr><td>April</td><td>348</td><td>95</td><td>443</td><td>372</td><td>316</td><td>56</td><td>43,609</td><td>-</td></tr><tr><td>May</td><td>371</td><td>97</td><td>468</td><td>372</td><td>316</td><td>56</td><td>43,713</td><td>-</td></tr><tr><td>June</td><td>370</td><td>126</td><td>495</td><td>392</td><td>333</td><td>6</td><td>43,804</td><td>-</td></tr><tr><td>July</td><td>342</td><td>132</td><td>474</td><td>357</td><td>300</td><td>58</td><td>43,922</td><td>-</td></tr><tr><td>August</td><td>393</td><td>100</td><td>493</td><td>378</td><td>321</td><td>58</td><td>44,037</td><td>-</td></tr><tr><td>September</td><td>339</td><td>98</td><td>437</td><td>361</td><td>308</td><td>53</td><td>44,113</td><td>-</td></tr><tr><td>October</td><td>370</td><td>88</td><td>468</td><td>346</td><td>296</td><td>4</td><td>44,123</td><td>-</td></tr><tr><td>November</td><td>358</td><td>100</td><td>458</td><td>331</td><td>281</td><td>50</td><td>44,358</td><td>-</td></tr><tr><td colspan="9">Series F, G, J, and K combined 2/</td></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>1941-1954 4/</td><td>29,848</td><td>729</td><td>30,577</td><td>9,142 6/</td><td>9,734</td><td>274</td><td>20,579</td><td>55</td></tr><tr><td>1955 4/</td><td>1,249</td><td>108</td><td>1,357</td><td>2,632</td><td>2,569</td><td>127</td><td>19,080</td><td>214</td></tr><tr><td>1956</td><td>586</td><td>100</td><td>686</td><td>3,105</td><td>2,941</td><td>166</td><td>16,668</td><td>117</td></tr><tr><td>1957</td><td>268</td><td>83</td><td>352</td><td>3,774</td><td>3,632</td><td>169</td><td>13,124</td><td>134</td></tr><tr><td>1958</td><td>*</td><td>65</td><td>65</td><td>3,350</td><td>3,231</td><td>119</td><td>13,842</td><td>331</td></tr><tr><td>1959</td><td>*</td><td>74</td><td>54</td><td>4,137</td><td>4,163</td><td>74</td><td>7,787</td><td>303</td></tr><tr><td>1960</td><td>*</td><td>46</td><td>46</td><td>3,049 7/</td><td>2,921</td><td>128</td><td>4,829</td><td>245</td></tr><tr><td>1961</td><td>*</td><td>32</td><td>32</td><td>1,188 8/</td><td>1,129</td><td>59</td><td>3,709</td><td>134</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>1941-1954</td><td>30,472</td><td>786</td><td>31,256</td><td>11,198 6/</td><td>10,932</td><td>266</td><td>13,439</td><td>619</td></tr><tr><td>1955</td><td>907</td><td>103</td><td>1,010</td><td>2,636</td><td>2,510</td><td>126</td><td>17,861</td><td>571</td></tr><tr><td>1956</td><td>475</td><td>76</td><td>567</td><td>3,441</td><td>3,250</td><td>173</td><td>14,895</td><td>681</td></tr><tr><td>1957</td><td>98</td><td>74</td><td>172</td><td>4,111</td><td>3,986</td><td>171</td><td>10,896</td><td>648</td></tr><tr><td>1958</td><td>*</td><td>29</td><td>58</td><td>2,395</td><td>2,318</td><td>77</td><td>8,607</td><td>655</td></tr><tr><td>1959</td><td>*</td><td>62</td><td>52</td><td>3,246</td><td>3,122</td><td>125</td><td>1,544</td><td>408</td></tr><tr><td>1960</td><td>*</td><td>38</td><td>38</td><td>1,732 7/ 8/</td><td>1,646</td><td>86</td><td>4,022</td><td>348</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>1961-January</td><td>-</td><td>3</td><td>3</td><td>117 8/</td><td>112</td><td>6</td><td>1,905</td><td>490</td></tr><tr><td>February</td><td>-</td><td>2</td><td>2</td><td>72</td><td>64</td><td>8</td><td>1,911</td><td>274</td></tr><tr><td>March</td><td>-</td><td>1</td><td>1</td><td>77</td><td>1</td><td>4</td><td>1,859</td><td>251</td></tr><tr><td>April</td><td>-</td><td>3</td><td>3</td><td>61</td><td>8</td><td>4</td><td>1,811</td><td>249</td></tr><tr><td>May</td><td>-</td><td>2</td><td>2</td><td>64</td><td>62</td><td>2</td><td>1,759</td><td>232</td></tr><tr><td>June</td><td>-</td><td>3</td><td>3</td><td>63</td><td>62</td><td>1</td><td>1,704</td><td>224</td></tr><tr><td>July</td><td>-</td><td>3</td><td>3</td><td>61</td><td>61</td><td>0</td><td>3,676</td><td>216</td></tr><tr><td>August</td><td>-</td><td>1</td><td>1</td><td>74</td><td>74</td><td>0</td><td>1,051</td><td>101</td></tr><tr><td>September</td><td>-</td><td>1</td><td>1</td><td>71</td><td>71</td><td>0</td><td>3,116</td><td>194</td></tr><tr><td>October</td><td>-</td><td>1</td><td>1</td><td>71</td><td>71</td><td>0</td><td>1,406</td><td>188</td></tr></table>
tr. at end of table.
(Continued on following p. 3)
December 1961
51
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>Total</th><th>Sales price 3/</th><th>Accrued discount 2/</th><th>Exchanges of E bonds for H bonds</th><th>Amount outstanding (Interest-bearing debt)</th></tr><tr><td colspan="9">Series E</td></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>1941-1954 4/</td><td>72,924</td><td>8,061</td><td>80,985</td><td>44,527</td><td>42,027</td><td>2,500</td><td>-</td><td>36,458</td></tr><tr><td>1955 5/</td><td>4,095</td><td>1,123</td><td>5,218</td><td>4,490</td><td>3,857</td><td>633</td><td>-</td><td>37,186</td></tr><tr><td>1956.</td><td>4,219</td><td>1,114</td><td>5,333</td><td>4,622</td><td>3,961</td><td>661</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>4,248</td><td>732</td><td>-</td><td>37,969</td></tr><tr><td>1958.</td><td>3,889</td><td>1,161</td><td>5,049</td><td>4,951</td><td>3,893</td><td>1,058</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>4,092</td><td>797</td><td>201</td><td>38,040</td></tr><tr><td>1960.</td><td>3,603</td><td>1,194</td><td>4,797</td><td>5,181</td><td>4,295</td><td>886</td><td>188</td><td>37,456</td></tr><tr><td>1961.</td><td>3,689</td><td>1,254</td><td>4,943</td><td>4,394</td><td>3,673</td><td>721</td><td></td><td>37,817</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>1941-1954.</td><td>74,843</td><td>8,626</td><td>83,468</td><td>46,690</td><td>43,892</td><td>2,798</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>3,918</td><td>654</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>4,018</td><td>670</td><td>-</td><td>38,087</td></tr><tr><td>1957.</td><td>3,875</td><td>1,143</td><td>5,018</td><td>5,220</td><td>4,437</td><td>783</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>3,931</td><td>727</td><td>-</td><td>38,200</td></tr><tr><td>1959.</td><td>3,598</td><td>1,169</td><td>4,767</td><td>5,225</td><td>4,342</td><td>883</td><td>-</td><td>37,748</td></tr><tr><td>1960.</td><td>3,632</td><td>1,224</td><td>4,856</td><td>4,729</td><td>3,937</td><td>794</td><td>278</td><td>37,597</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>1961-January.</td><td>353</td><td>126</td><td>479</td><td>423</td><td>343</td><td>80</td><td>22</td><td>37,630</td></tr><tr><td>February.</td><td>335</td><td>98</td><td>433</td><td>358</td><td>297</td><td>61</td><td>17</td><td>37,687</td></tr><tr><td>March.</td><td>353</td><td>97</td><td>450</td><td>390</td><td>328</td><td>62</td><td>22</td><td>37,725</td></tr><tr><td>April.</td><td>289</td><td>95</td><td>384</td><td>354</td><td>298</td><td>56</td><td>15</td><td>37,739</td></tr><tr><td>May.</td><td>308</td><td>97</td><td>405</td><td>351</td><td>296</td><td>56</td><td>16</td><td>37,776</td></tr><tr><td>June.</td><td>306</td><td>126</td><td>431</td><td>373</td><td>313</td><td>60</td><td>18</td><td>37,817</td></tr><tr><td>July.</td><td>276</td><td>132</td><td>408</td><td>337</td><td>279</td><td>58</td><td>17</td><td>37,871</td></tr><tr><td>August.</td><td>329</td><td>100</td><td>429</td><td>357</td><td>300</td><td>58</td><td>17</td><td>37,926</td></tr><tr><td>September.</td><td>284</td><td>98</td><td>382</td><td>340</td><td>285</td><td>55</td><td>16</td><td>37,953</td></tr><tr><td>October.</td><td>302</td><td>98</td><td>401</td><td>329</td><td>275</td><td>54</td><td>19</td><td>38,000</td></tr><tr><td>November.</td><td>292</td><td>100</td><td>392</td><td>312</td><td>261</td><td>50</td><td>17</td><td>38,029</td></tr><tr><td colspan="9">Series H</td></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>1952-1954 4/</td><td>1,055</td><td>-</td><td>1,055</td><td>31</td><td>31</td><td>-</td><td>-</td><td>1,024</td></tr><tr><td>1955 5/</td><td>1,130</td><td>-</td><td>1,130</td><td>55</td><td>55</td><td>-</td><td>-</td><td>1,099</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>3,31</td></tr><tr><td>1957.</td><td>694</td><td>-</td><td>634</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>4,175</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>1960.</td><td>74</td><td>-</td><td>704</td><td>322</td><td>322</td><td>-</td><td>201</td><td>5,229</td></tr><tr><td>1961.</td><td>77</td><td>-</td><td>775</td><td>233</td><td>233</td><td>-</td><td>188</td><td>5,490</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>1952-1954.</td><td>1,199</td><td>-</td><td>1,509</td><td>54</td><td>54</td><td>-</td><td>-</td><td>1,445</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>1,153</td></tr><tr><td>1956.</td><td>601</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>248</td><td>248</td><td>-</td><td>-</td><td>3,109</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>1960.</td><td>718</td><td>-</td><td>718</td><td>267</td><td>267</td><td>-</td><td>278</td><td>5,151</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>1961-January.</td><td>103</td><td>-</td><td>103</td><td>17</td><td>17</td><td>-</td><td>-</td><td>5,029</td></tr><tr><td>February.</td><td>81</td><td>-</td><td>81</td><td>17</td><td>17</td><td>-</td><td>-</td><td>5,014</td></tr><tr><td>March.</td><td>82</td><td>-</td><td>82</td><td>22</td><td>22</td><td>-</td><td>-</td><td>5,014</td></tr><tr><td>April.</td><td>57</td><td>-</td><td>57</td><td>18</td><td>18</td><td>-</td><td>-</td><td>5,000</td></tr><tr><td>May.</td><td>63</td><td>-</td><td>63</td><td>1</td><td>1</td><td>-</td><td>-</td><td>5,000</td></tr><tr><td>June.</td><td>64</td><td>-</td><td>64</td><td>19</td><td>19</td><td>-</td><td>-</td><td>5,000</td></tr><tr><td>July.</td><td>67</td><td>-</td><td>67</td><td>10</td><td>10</td><td>-</td><td>-</td><td>5,000</td></tr><tr><td>August.</td><td>64</td><td>-</td><td>64</td><td>21</td><td>21</td><td>-</td><td>-</td><td>5,012</td></tr><tr><td>September.</td><td>4</td><td>-</td><td>4</td><td>21</td><td>21</td><td>-</td><td>-</td><td>5,012</td></tr><tr><td>October.</td><td>67</td><td>-</td><td>67</td><td>17</td><td>17</td><td>-</td><td>-</td><td>5,017</td></tr><tr><td>November.</td><td>65</td><td>-</td><td>65</td><td>17</td><td>17</td><td>-</td><td>-</td><td>5,017</td></tr></table>
Source: Daily Treasury statement; Office of Deb Analysis in the office of the Secretary.
F n es a end of Table
52
Treasury Bulletin
UNITED STATES SAVINGS BONDS
Table 4.- Redemptions of Matured and Unmatured Savings Bonds
(In millions of dollars)
<table><tr><th>Period</th><th>Total 1/</th><th colspan="3">Matured</th><th colspan="3">Unmatured</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 H</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 6/</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 6/</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>1960</td><td>8,557</td><td>4,126</td><td>2,304</td><td>1,822 2/</td><td>4,641</td><td>3,285</td><td>1,356</td><td>-210</td></tr><tr><td>1961</td><td>5,819</td><td>2,673</td><td>1,733</td><td>940 3/</td><td>3,358</td><td>3,075</td><td>283</td><td>-212</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 6/</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>2,464</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>4,246</td><td>1,891</td><td>2,355</td><td>3,899</td><td>2,920</td><td>977</td><td>120</td></tr><tr><td>1957</td><td>9,630</td><td>4,136</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>3,091</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 7/</td><td>4,520</td><td>3,445</td><td>1,075</td><td>-449</td></tr><tr><td>1960</td><td>6,732</td><td>3,033</td><td>1,944</td><td>1,089 7/ 8/</td><td>3,938</td><td>3,114</td><td>825</td><td>-239</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>1961-January</td><td>559</td><td>216</td><td>156</td><td>60 8/</td><td>266</td><td>248</td><td>18</td><td>76</td></tr><tr><td>February</td><td>448</td><td>223</td><td>142</td><td>81</td><td>247</td><td>226</td><td>20</td><td>-22</td></tr><tr><td>March</td><td>489</td><td>261</td><td>187</td><td>74</td><td>298</td><td>283</td><td>14</td><td>-70</td></tr><tr><td>April</td><td>433</td><td>207</td><td>149</td><td>59</td><td>267</td><td>250</td><td>17</td><td>-41</td></tr><tr><td>May</td><td>436</td><td>134</td><td>97</td><td>37</td><td>266</td><td>250</td><td>16</td><td>36</td></tr><tr><td>June</td><td>455</td><td>189</td><td>140</td><td>50</td><td>245</td><td>227</td><td>18</td><td>21</td></tr><tr><td>July</td><td>423</td><td>140</td><td>102</td><td>38</td><td>228</td><td>213</td><td>14</td><td>55</td></tr><tr><td>August</td><td>438</td><td>218</td><td>160</td><td>59</td><td>288</td><td>272</td><td>16</td><td>-69</td></tr><tr><td>September</td><td>415</td><td>174</td><td>130</td><td>44</td><td>240</td><td>222</td><td>17</td><td>*</td></tr><tr><td>October</td><td>40x</td><td>227</td><td>171</td><td>56</td><td>342</td><td>310</td><td>33</td><td>-101</td></tr><tr><td>November</td><td>383</td><td>144</td><td>108</td><td>36</td><td>227</td><td>211</td><td>14</td><td>1x</td></tr></table>
Source: Daily Treasury statement; Office of Debt Analysis in the Office of the Secretary.
Note: In these tables sales of Series A-F and J bonds are included at issue price, and redemptions and amounts outstanding at current redemption value. Series G, H, and K are included at face value throughout. Matured bonds which have been redeemed are included in redemptions. Matured F and G bonds outstanding are included in the interest-bearing debt until all bonds of the annual series have matured, and are then transferred to matured debt upon which interest has ceased.
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 1960; however, they exclude exchanges of Series E bonds for Series H bonds, which are reported in Table 3.
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.
Because there is a normal lag in classifying redemptions the distribution of redemptions between sales price and accrued discount has been estimated. Beginning with the Treasury Bulletin of March 1961 the method of distributing redemptions between sales price and accrued discount has been changed to reflect the distribution shown in final
reports of classified redemptions. All periods shown have been revised on this basis.
Reductions were made in issues and redemptions of Series E, H, F, J, and K bonds in July 1954, to compensate for the erroneous inclusion of reissue transactions in June 1954 as reported in the daily Treasury statement. The amounts involved were as follows: $18 million for issues of Series E and H, $17 million for issues of Series F, G, J, and
and K, and $35 million for unclassified retirements. 5/ Series F and G sales were discontinued April 30, 1952, and Series
6/ Includes exchanges of Series 141 F and G savings bonds for Treasury
3-1/4% bonds of 1978-83. 7/ Includes the December 1959 exchanges of Series 1948 F and G bonds
for 4-3/4% marketable notes of 1964. 8/ Includes the December 1960 exchanges of Seriea 1949 F and G bonds for 1% marketable bonds of 1968, of which $1/4 million were reported
for 4% marketable bonds of 1969, of which $12.5 million were reported in December 1960, and $3 million in January 1961.
2 Represents changes in the amounts of redemptions not yet classified between matured and unmatured issues.
* Less than $500,000.
December 1961
53
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 3/</th><th rowspan="2">Matured debt and debt bearing interest</th></tr><tr><th>Total outstanding</th><th colspan="3">Held by U. S. Government investment accounts 2/</th><th>Held by Federal Reserve Banks - public issues</th><th colspan="3">Held by private investors 3/</th><th>Total outstanding</th><th>Held by U. S. Government investment accounts 2/</th><th>Held by private investors 3/</th></tr><tr><th></th><th></th><th></th><th>Total</th><th>Public issues</th><th>Special issues</th><th></th><th>Total</th><th>Public marketable issues</th><th>Public non-marketable issues</th><th></th><th></th><th></th></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>85</td><td>2,311</td></tr><tr><td>1955</td><td>274,418</td><td>271,761</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>2,864</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>134,593</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>1960</td><td>286,471</td><td>283,241</td><td>55,259</td><td>10,360</td><td>44,899</td><td>26,523</td><td>201,459</td><td>149,546</td><td>51,913</td><td>139</td><td>79</td><td>60</td><td>3,090</td></tr><tr><td>1961</td><td>289,211</td><td>285,672</td><td>56,002</td><td>10,959</td><td>45,043</td><td>27,253</td><td>202,417</td><td>151,392</td><td>51,025</td><td>240</td><td>87</td><td>153</td><td>3,300</td></tr><tr><td>1960-December</td><td>290,373</td><td>286,820</td><td>54,985</td><td>10,639</td><td>44,346</td><td>27,384</td><td>204,451</td><td>153,515</td><td>50,936</td><td>155</td><td>81</td><td>74</td><td>3,397</td></tr><tr><td>1961-January</td><td>290,196</td><td>286,651</td><td>54,183</td><td>10,661</td><td>43,824</td><td>26,570</td><td>205,596</td><td>154,604</td><td>50,992</td><td>159</td><td>83</td><td>76</td><td>3,386</td></tr><tr><td>February</td><td>290,740</td><td>287,190</td><td>54,444</td><td>10,677</td><td>43,727</td><td>26,667</td><td>206,119</td><td>155,077</td><td>51,041</td><td>19</td><td>86</td><td>108</td><td>3,356</td></tr><tr><td>March</td><td>287,682</td><td>284,058</td><td>54,788</td><td>10,788</td><td>44,001</td><td>26,688</td><td>202,581</td><td>151,525</td><td>51,056</td><td>21</td><td>85</td><td>125</td><td>3,441</td></tr><tr><td>April</td><td>288,206</td><td>284,631</td><td>53,877</td><td>10,865</td><td>43,011</td><td>26,772</td><td>203,982</td><td>152,985</td><td>50,997</td><td>218</td><td>88</td><td>131</td><td>3,357</td></tr><tr><td>May</td><td>290,371</td><td>286,845</td><td>55,429</td><td>10,926</td><td>44,503</td><td>26,887</td><td>204,529</td><td>153,543</td><td>50,986</td><td>222</td><td>86</td><td>139</td><td>3,311</td></tr><tr><td>June</td><td>289,211</td><td>285,672</td><td>56,002</td><td>10,959</td><td>45,043</td><td>27,253</td><td>202,417</td><td>151,392</td><td>51,025</td><td>240</td><td>87</td><td>153</td><td>3,300</td></tr><tr><td>July</td><td>292,643</td><td>288,998</td><td>55,128</td><td>10,931</td><td>44,198</td><td>27,422</td><td>201,448</td><td>155,379</td><td>51,069</td><td>237</td><td>87</td><td>151</td><td>3,407</td></tr><tr><td>August</td><td>293,964</td><td>290,659</td><td>56,383</td><td>10,810</td><td>45,573</td><td>27,697</td><td>206,579</td><td>155,063</td><td>51,516</td><td>248</td><td>88</td><td>161</td><td>3,427</td></tr><tr><td>September</td><td>294,020</td><td>290,773</td><td>55,814</td><td>10,807</td><td>45,007</td><td>27,799</td><td>207,160</td><td>155,741</td><td>51,419</td><td>270</td><td>94</td><td>177</td><td>3,513</td></tr><tr><td>October</td><td>295,959</td><td>292,709</td><td>54,897</td><td>11,000</td><td>43,890</td><td>28,268</td><td>209,445</td><td>159,378</td><td>51,166</td><td>.98</td><td>112</td><td>187</td><td>3,471</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. Consists of guaranteed securities held outside the Treasury. All are public marketable issues. Less than $500,000.
Table 2.- Net Market Purchases or Sales of Federal Securities for Investment Accounts Handled by the Treasury
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>-</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>-4.7</td><td>-</td><td>-4.1</td><td>4.8</td></tr><tr><td>1944</td><td>-9.9</td><td>-101.1</td><td>-11.5</td><td>-16.5</td><td>-18.0</td><td>-5</td><td>-12.7</td><td>-19</td><td>-8.2</td><td>-</td><td>-9.9</td><td>-1.5</td></tr><tr><td>1945</td><td>-67.5</td><td>-48.1</td><td>-9.9</td><td>-5.6</td><td>-34.4</td><td>-56.4</td><td>-2.1</td><td>-1</td><td>-12.1</td><td>.3</td><td>-</td><td>-</td></tr><tr><td>1946</td><td>-8.1</td><td>-1.7</td><td>-</td><td>3.3</td><td>.4</td><td>-69.8</td><td>-167.8</td><td>-4.1</td><td>-74.1</td><td>-14.1</td><td>-1.6</td><td>-</td></tr><tr><td>1947</td><td>1</td><td>-</td><td>-4.7</td><td>-61.3</td><td>-338.1</td><td>-395.1</td><td>-7.1</td><td>-38.2</td><td>-123.1</td><td>-14.1</td><td>-1.1</td><td>-1.4</td></tr><tr><td>1948</td><td>-1</td><td>17.1</td><td>101.8</td><td>-12.1</td><td>-30.4</td><td>1.1</td><td>5.4</td><td>4.4</td><td>7.1</td><td>-</td><td>-2</td><td>-</td></tr><tr><td>1949</td><td>8.8</td><td>-1.8</td><td>7.1</td><td>1.5</td><td>-24.7</td><td>-88.4</td><td>-1</td><td>.8</td><td>4.7</td><td>-1.1</td><td>1.1</td><td>-</td></tr><tr><td>1950</td><td>-6.1</td><td>13.7</td><td>1.3</td><td>1.1</td><td>-1.7</td><td>1.1</td><td>8.2</td><td>-4.1</td><td>-</td><td>-8</td><td>-</td><td>-</td></tr><tr><td>1951</td><td>30.8</td><td>261.1</td><td>48.7</td><td>8.1</td><td>11.4</td><td>3.5</td><td>1.2</td><td>4.1</td><td>.8</td><td>8.1</td><td>-1.1</td><td>-</td></tr><tr><td>1952</td><td>-2</td><td>5.1</td><td>1.7</td><td>1.4</td><td>2.9</td><td>.5</td><td>1.1</td><td>1.1</td><td>1.1</td><td>1.1</td><td>1.1</td><td>2.1</td></tr><tr><td>1953</td><td>-4.6</td><td>8.8</td><td>1.9</td><td>36.1</td><td>10.9</td><td>20.1</td><td>7.1</td><td>1.1</td><td>38.4</td><td>1.1</td><td>-1.1</td><td>1.1</td></tr><tr><td>1954</td><td>7.0</td><td>-4.0</td><td>-2.4</td><td>-1.9</td><td>1.8</td><td>-45.5</td><td>-1.1</td><td>-1.1</td><td>-1.1</td><td>-1.1</td><td>-1.1</td><td>-1.1</td></tr><tr><td>1955</td><td>23.0</td><td>77.2</td><td>18.3</td><td>4.1</td><td>1.2</td><td>22.5</td><td>7.1</td><td>2.1</td><td>1.8</td><td>-</td><td>1.1</td><td>1.1</td></tr><tr><td>1956</td><td>-1.3</td><td>-9.8</td><td>1.7</td><td>4.1</td><td>1.1</td><td>338.8</td><td>4.1</td><td>4.1</td><td>4.1</td><td>1.1</td><td>-</td><td>-</td></tr><tr><td>1957</td><td>14.3</td><td>72.6</td><td>1.4</td><td>1.1</td><td>1.1</td><td>17.8</td><td>18.4</td><td>4.1</td><td>1.1</td><td>1.1</td><td>-</td><td>-</td></tr><tr><td>1958</td><td>-13.4</td><td>-155.9</td><td>10.9</td><td>-1.1</td><td>-80.1</td><td>1.1</td><td>-12.1</td><td>1.1</td><td>1.1</td><td>1.1</td><td>1.1</td><td>1.1</td></tr><tr><td>1959</td><td>14.1</td><td>23.0</td><td>62.1</td><td>4.1</td><td>1.1</td><td>1.1</td><td>1.1</td><td>18.1</td><td>1.1</td><td>1.1</td><td>1.1</td><td>1.1</td></tr><tr><td>1960</td><td>17.5</td><td>26.5</td><td>4.1</td><td>1.1</td><td>1.1</td><td>-1.1</td><td>1.1</td><td>4.1</td><td>1.1</td><td>1.1</td><td>1.1</td><td>1.1</td></tr><tr><td>1961</td><td>-5.6</td><td>-2.3</td><td>56.1</td><td>1.1</td><td>24.2</td><td>15.4</td><td>4.1</td><td>17.3</td><td>25.1</td><td>36.8</td><td>1.3</td><td>1.1</td></tr></table>
Consists of purchases or sales made by the Treasury of securities, or are guaranteed by the U.S. Government for (a) trust fund activities law are under the control of the Secretary of the Treasury and (b) the Treasurer of the United States, and (c) amounts under the control of certain U.S. Government agencies whose investments are held for the facilities of the Treasury Department. It will be
remain in differ from the reflect. (1) For the "a" in "the" and "so" the movement in the "a" is the same as in "the" and "are" related to the "e" in "the". (2) In "the" and "so" the "o" in "the" and "so" the "o" is the same as in "the" and "so" (3) In "the" and "so" the "e" in "the" and "so" is the same as in "the" and "so"
54
Treasury Bulletin
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 2/</th><th colspan="3">Held by banks</th><th>U.S. Government investment accounts</th><th>Total</th><th colspan="3">Individuals 4/</th><th colspan="4">Held by private nonbank invest- rs</th><th rowspan="2">State and local govern- ments</th><th rowspan="2">Miscellaneous investor 2/</th></tr><tr><th></th><th></th><th>Total</th><th>Commercial banks 3/</th><th>Federal Reserve Banks</th><th></th><th></th><th>Total</th><th>Savings bonds Series E and H</th><th>Other Series 5/</th><th>Other securities</th><th>Insurance companies</th><th>Mutual savings banks</th><th>Corpora- tions 6/</th></tr><tr><td>1939-Dec.</td><td>47.6</td><td>18.3</td><td>15.9</td><td>2.5</td><td>6.5</td><td>22.7</td><td>10.1</td><td>-</td><td>1.9</td><td>8.2</td><td>6.3</td><td>3.1</td><td>1.4</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>-</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>Dec.</td><td>50.9</td><td>19.9</td><td>17.3</td><td>2.2</td><td>7.6</td><td>23.9</td><td>10.6</td><td>-</td><td>2.8</td><td>7.8</td><td>6.9</td><td>3.2</td><td>2.5</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>.2</td><td>1.4</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>Dec.</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>1.1</td><td>1.4</td><td>8.2</td><td>8.2</td><td>3.7</td><td>2.0</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>3.7</td><td>5.4</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>Dec.</td><td>11.5</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>6.9</td><td>6.5</td><td>10.3</td><td>11.3</td><td>4.9</td><td>1.1</td><td>1.0</td><td>2.1</td></tr><tr><td>1943-June.</td><td>14.8</td><td>59.4</td><td>52.1</td><td>7.2</td><td>14.3</td><td>67.0</td><td>30.9</td><td>11.3</td><td>7.1</td><td>11.7</td><td>13.1</td><td>5.2</td><td>12.9</td><td>1.5</td><td>3.4</td></tr><tr><td>Dec.</td><td>176.1</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>16.0</td><td>8.7</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>33.1</td><td>68.4</td><td>14.9</td><td>19.1</td><td>100.2</td><td>46.1</td><td>21.1</td><td>11.1</td><td>14.9</td><td>17.3</td><td>7.3</td><td>22.4</td><td>3.2</td><td>6.1</td></tr><tr><td>Dec.</td><td>232.1</td><td>41.7</td><td>77.7</td><td>18.8</td><td>21.7</td><td>114.0</td><td>53.3</td><td>25.5</td><td>10.7</td><td>17.1</td><td>19.6</td><td>8.3</td><td>22.4</td><td>4.1</td><td>7.0</td></tr><tr><td>1945-June.</td><td>249.1</td><td>11.1</td><td>84.1</td><td>11.8</td><td>24.9</td><td>128.2</td><td>59.1</td><td>29.1</td><td>11.6</td><td>18.9</td><td>22.7</td><td>9.6</td><td>23.3</td><td>5.2</td><td>8.3</td></tr><tr><td>Dec.</td><td>278.7</td><td>11.1</td><td>90.8</td><td>24.3</td><td>27.0</td><td>136.6</td><td>64.1</td><td>30.7</td><td>12.2</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-Feb. 3/.</td><td>294.8</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>30.8</td><td>12.5</td><td>20.8</td><td>24.4</td><td>11.1</td><td>19.9</td><td>6.7</td><td>8.1</td></tr><tr><td>June.</td><td>269.9</td><td>118.2</td><td>84.1</td><td>23.8</td><td>29.1</td><td>132.6</td><td>63.3</td><td>30.4</td><td>13.1</td><td>19.9</td><td>24.9</td><td>11.5</td><td>17.8</td><td>6.4</td><td>8.6</td></tr><tr><td>Dec.</td><td>250.5</td><td>107.9</td><td>74.5</td><td>23.3</td><td>30.9</td><td>130.7</td><td>64.2</td><td>30.3</td><td>13.9</td><td>20.1</td><td>24.9</td><td>11.8</td><td>19.3</td><td>6.3</td><td>8.1</td></tr><tr><td>1947-June.</td><td>28.4</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>30.8</td><td>14.7</td><td>21.1</td><td>24.6</td><td>12.1</td><td>13.7</td><td>7.1</td><td>1.0</td></tr><tr><td>Dec.</td><td>257.0</td><td>91.1</td><td>68.7</td><td>22.6</td><td>34.4</td><td>131.3</td><td>65.7</td><td>31.0</td><td>15.2</td><td>19.4</td><td>23.9</td><td>12.0</td><td>14.1</td><td>7.3</td><td>9.4</td></tr><tr><td>1948-June.</td><td>252.4</td><td>85.9</td><td>66.6</td><td>21.4</td><td>35.8</td><td>130.7</td><td>65.8</td><td>31.6</td><td>15.5</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>Dec.</td><td>241.9</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>32.2</td><td>15.6</td><td>17.6</td><td>21.2</td><td>11.5</td><td>14.8</td><td>7.1</td><td>3.9</td></tr><tr><td>1949-June.</td><td>242.8</td><td>83.4</td><td>63.0</td><td>19.3</td><td>38.3</td><td>132.2</td><td>66.6</td><td>33.1</td><td>15.7</td><td>17.8</td><td>20.5</td><td>11.6</td><td>13.8</td><td>8.1</td><td>3.6</td></tr><tr><td>Dec.</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>33.8</td><td>15.5</td><td>17.0</td><td>20.1</td><td>11.4</td><td>15.8</td><td>8.1</td><td>9.4</td></tr><tr><td>1950-June.</td><td>257.7</td><td>83.9</td><td>67.6</td><td>18.3</td><td>37.8</td><td>135.6</td><td>67.4</td><td>34.5</td><td>15.4</td><td>17.6</td><td>19.8</td><td>11.6</td><td>18.4</td><td>8.7</td><td>4.7</td></tr><tr><td>Dec.</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>34.5</td><td>15.1</td><td>16.7</td><td>18.7</td><td>10.9</td><td>19.7</td><td>8.8</td><td>1.1</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>34.5</td><td>14.6</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>Dec.</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>34.7</td><td>14.4</td><td>15.7</td><td>16.5</td><td>9.8</td><td>20.7</td><td>9.6</td><td>2.6</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>34.7</td><td>14.1</td><td>15.7</td><td>15.7</td><td>9.6</td><td>18.8</td><td>11.4</td><td>11.6</td></tr><tr><td>Dec.</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>35.3</td><td>14.8</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>36.0</td><td>13.2</td><td>16.8</td><td>16.0</td><td>9.5</td><td>18.6</td><td>12.7</td><td>12.8</td></tr><tr><td>Dec.</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>36.7</td><td>12.7</td><td>17.4</td><td>17.9</td><td>9.2</td><td>21.1</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>133.1</td><td>64.7</td><td>37.5</td><td>12.1</td><td>17.1</td><td>15.4</td><td>9.1</td><td>19.6</td><td>13.9</td><td>13.7</td></tr><tr><td>Dec.</td><td>278.8</td><td>94.1</td><td>69.2</td><td>24.9</td><td>49.6</td><td>137.1</td><td>63.4</td><td>38.2</td><td>11.7</td><td>13.9</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>284.8</td><td>86.8</td><td>62.5</td><td>23.8</td><td>50.5</td><td>136.7</td><td>65.0</td><td>39.3</td><td>10.9</td><td>14.8</td><td>14.0</td><td>8.7</td><td>18.8</td><td>14.7</td><td>14.4</td></tr><tr><td>Dec.</td><td>272.8</td><td>81.0</td><td>57.3</td><td>23.8</td><td>53.5</td><td>138.1</td><td>66.6</td><td>40.9</td><td>9.4</td><td>16.3</td><td>13.6</td><td>8.4</td><td>17.7</td><td>19.7</td><td>16.1</td></tr><tr><td>1956-June.</td><td>270.7</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>41.4</td><td>8.7</td><td>15.6</td><td>13.2</td><td>8.1</td><td>19.1</td><td>16.1</td><td>16.1</td></tr><tr><td>Dec.</td><td>270.6</td><td>83.7</td><td>54.7</td><td>24.2</td><td>55.2</td><td>136.1</td><td>63.6</td><td>41.6</td><td>6.6</td><td>15.4</td><td>12.5</td><td>7.6</td><td>18.6</td><td>17.0</td><td>16.6</td></tr><tr><td>1957-June.</td><td>276.1</td><td>80.2</td><td>60.2</td><td>23.0</td><td>56.6</td><td>139.9</td><td>65.5</td><td>41.5</td><td>7.6</td><td>16.4</td><td>12.7</td><td>7.9</td><td>16.8</td><td>16.9</td><td>16.0</td></tr><tr><td>Dec.</td><td>276.1</td><td>90.7</td><td>65.3</td><td>25.4</td><td>55.9</td><td>149.9</td><td>63.1</td><td>44.1</td><td>5.9</td><td>15.1</td><td>12.2</td><td>7.4</td><td>14.8</td><td>16.9</td><td>15.3</td></tr><tr><td>1958-June.</td><td>276.1</td><td>83.1</td><td>61.9</td><td>26.3</td><td>54.4</td><td>144.8</td><td>63.8</td><td>42.5</td><td>5.2</td><td>15.1</td><td>12.7</td><td>7.1</td><td>18.3</td><td>16.7</td><td>16.6</td></tr><tr><td>Dec.</td><td>284.9</td><td>87.1</td><td>61.1</td><td>26.6</td><td>54.6</td><td>152.6</td><td>65.6</td><td>42.6</td><td>4.5</td><td>18.6</td><td>12.6</td><td>7.3</td><td>20.7</td><td>16.7</td><td>19.7</td></tr><tr><td>1959-June.</td><td>281.1</td><td>86.7</td><td>61.3</td><td>26.6</td><td>54.7</td><td>150.3</td><td>68.5</td><td>44.4</td><td>1.5</td><td>22.6</td><td>12.5</td><td>6.9</td><td>22.6</td><td>17.7</td><td>22.1</td></tr><tr><td>Dec.</td><td>281.1</td><td>81.8</td><td>61.3</td><td>26.5</td><td>55.3</td><td>149.3</td><td>69.2</td><td>44.5</td><td>3.1</td><td>23.6</td><td>12.0</td><td>6.6</td><td>20.7</td><td>18.1</td><td>24.7</td></tr><tr><td>1960-June.</td><td>281.1</td><td>84.1</td><td>57.4</td><td>26.9</td><td>54.8</td><td>149.4</td><td>68.8</td><td>44.6</td><td>3.0</td><td>23.2</td><td>12.0</td><td>6.5</td><td>21.1</td><td>17.9</td><td>23.0</td></tr><tr><td>July.</td><td>288.1</td><td>84.2</td><td>57.5</td><td>26.8</td><td>55.9</td><td>148.6</td><td>68.5</td><td>44.6</td><td>3.0</td><td>22.9</td><td>12.0</td><td>6.6</td><td>20.4</td><td>17.7</td><td>23.4</td></tr><tr><td>Aug.</td><td>288.6</td><td>85.6</td><td>58.6</td><td>27.0</td><td>55.5</td><td>147.4</td><td>68.7</td><td>44.7</td><td>2.9</td><td>23.1</td><td>12.0</td><td>6.5</td><td>19.3</td><td>17.4</td><td>23.5</td></tr><tr><td>Sept.</td><td>288.6</td><td>85.6</td><td>58.6</td><td>27.0</td><td>55.5</td><td>147.4</td><td>68.7</td><td>44.7</td><td>2.9</td><td>23.1</td><td>12.0</td><td>6.5</td><td>19.3</td><td>17.4</td><td>23.5</td></tr><tr><td>Oct.</td><td>291.6</td><td>84.8</td><td>61.4</td><td>27.2</td><td>55.4</td><td>146.2</td><td>67.6</td><td>44.7</td><td>2.9</td><td>21.9</td><td>11.9</td><td>6.4</td><td>20.1</td><td>17.2</td><td>23.6</td></tr><tr><td>Nov.</td><td>294.6</td><td>88.7</td><td>61.2</td><td>27.5</td><td>55.4</td><td>146.4</td><td>67.6</td><td>44.8</td><td>2.8</td><td>21.9</td><td>11.9</td><td>6.3</td><td>20.6</td><td>17.2</td><td>22.8</td></tr><tr><td>Dec.</td><td>290.4</td><td>89.5</td><td>62.1</td><td>27.4</td><td>55.1</td><td>147.8</td><td>66.8</td><td>42.9</td><td>2.7</td><td>21.2</td><td>11.9</td><td>6.3</td><td>19.7</td><td>17.0</td><td>24.2</td></tr><tr><td>1961-Jan.</td><td>290.2</td><td>89.3</td><td>62.7</td><td>26.6</td><td>54.6</td><td>146.4</td><td>66.9</td><td>43.1</td><td>2.7</td><td>21.1</td><td>11.9</td><td>6.3</td><td>20.1</td><td>17.1</td><td>24.0</td></tr><tr><td>Feb.</td><td>290.7</td><td>88.6</td><td>61.9</td><td>26.7</td><td>54.5</td><td>147.7</td><td>67.0</td><td>43.2</td><td>2.7</td><td>21.2</td><td>11.8</td><td>6.4</td><td>21.2</td><td>17.3</td><td>23.9</td></tr><tr><td>Mar.</td><td>287.7</td><td>86.4</td><td>59.7</td><td>26.7</td><td>54.9</td><td>146.4</td><td>67.2</td><td>43.3</td><td>2.6</td><td>21.3</td><td>11.7</td><td>6.6</td><td>19.5</td><td>17.4</td><td>24.1</td></tr><tr><td>April.</td><td>288.2</td><td>88.4</td><td>61.7</td><td>26.8</td><td>54.0</td><td>145.7</td><td>66.2</td><td>43.4</td><td>2.6</td><td>20.3</td><td>11.6</td><td>6.3</td><td>20.4</td><td>17.2</td><td>23.9</td></tr><tr><td>May.</td><td>290.4</td><td>89.1</td><td>62.1</td><td>26.0</td><td>55.5</td><td>145.8</td><td>66.0</td><td>43.5</td><td>2.5</td><td>20.0</td><td>11.6</td><td>6.3</td><td>21.2</td><td>17.1</td><td>23.5</td></tr><tr><td>June.</td><td>289.2</td><td>89.8</td><td>62.5</td><td>27.3</td><td>56.1</td><td>143.3</td><td>66.7</td><td>43.6</td><td>2.5</td><td>19.7</td><td>11.4</td><td>6.3</td><td>19.4</td><td>17.3</td><td>
1/ United States savings bonds, Series A-F and J, are included at current redemption value.
2/ Securities issued or guaranteed by the U. S. Government, excluding guaranteed securities held by the Treasury.
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.
2/ Includes partnerships and personal trust accounts.
3/ Discontinued series. See savings bonds tables.
5/ Exclusive of banks and insurance companies.
7/ 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.
9/ Immediate postwar debt peak.
p Preliminary.
December 1961
55
TREASURY SURVEY OF OWNERSHIP, OCTOBER 31, 1961
The monthly Treasury Survey of Ownership covers securities issued by the United States Government and by Federal agencies. Of all such securities held by the respective classes of investors in the United States, the banks and insurance companies included in the Survey account for about 95 percent and the corporations and savings and loan associations included in the Survey about half. Data for banks and insurance companies were first published for March 31, 1941, in the May 1941 Treasury Bulletin. Data for corporations and savings and loan
associations were added to the Survey for June 1960, appearing in the September 1960 Bulletin, together with corresponding data for a few prior months.
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 for quarterly dates beginning with December 31, 1949. They first appeared in the March 1954 Bulletin.
Section I - Securities Issued or Guaranteed by the United States Government
Table I.- Summary of All Securities
(Par values - in millions of dollars)
<table><tr><th rowspan="2">Classification</th><th rowspan="2">Total amount outstanding 1/</th><th colspan="7">Held by investors covered in Treasury Survey</th><th rowspan="2">Held by all other investors 4/</th></tr><tr><th>n.:48 commercial banks 2/ 2/</th><th>512 mutual savings banks 2/</th><th>Insurance companies 30+ life</th><th>518 fire, casualty, and marine</th><th>489 savings and loan associations</th><th>488 corporations</th><th>U. S. Government investment accounts and Federal Reserve Barks</th></tr><tr><td>Interest-bearing securities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Public marketable</td><td>195,532</td><td>59,068</td><td>9,982</td><td>4,988</td><td>4,249</td><td>2,694</td><td>10,161</td><td>26,767</td><td>71,476</td></tr><tr><td>Public nonmarketable 2/</td><td>53,385</td><td>512</td><td>2,17</td><td>1,015</td><td>150</td><td>114</td><td>9</td><td>2,418</td><td>49,129</td></tr><tr><td>Special issues</td><td>43,890</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>43,890</td><td>-</td></tr><tr><td>Total interest-bearing securities</td><td>293,007</td><td>59,580</td><td>12,165</td><td>6,003</td><td>4,400</td><td>2,808</td><td>10,170</td><td>83,276</td><td>120,605</td></tr><tr><td>Matured debt and debt bearing no interest 7/</td><td>4,952</td><td></td><td></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>295,359</td><td></td><td></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="6">Held by investors covered in Treasury Survey</th><th>U. S. Government investment accounts and Federal Reserve Banks</th><th>Held by all other investors</th></tr><tr><th></th><th></th><th>6,248 commercial banks</th><th>512 mutual savings banks</th><th>305 life</th><th>518 fire, casualty, and marine</th><th>489 savings and loan associations</th><th>488 corporations</th><th></th><th></th></tr><tr><td colspan="10">By type of security:</td></tr><tr><td>Issued by U. S. Government:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Treasury bills</td><td>42,641</td><td>39,330</td><td>180</td><td>126</td><td>234</td><td>112</td><td>5,391</td><td>1,796</td><td>22,46</td></tr><tr><td>Certificates of indebtedness</td><td>5,509</td><td>1,476</td><td>50</td><td>12</td><td>24</td><td>26</td><td>262</td><td>1,798</td><td>1,38</td></tr><tr><td>Treasury notes</td><td>67,807</td><td>21,863</td><td>1,426</td><td>551</td><td>1,157</td><td>639</td><td>1,771</td><td>1,1</td><td>18,372</td></tr><tr><td>Treasury bonds</td><td>79,277</td><td>25,656</td><td>4,224</td><td>4,171</td><td>1,794</td><td>1,903</td><td>1,938</td><td>9,8</td><td>28,741</td></tr><tr><td>Guaranteed by U. S. Government</td><td>298</td><td>44</td><td>39</td><td>25</td><td>4</td><td>14</td><td>-</td><td>112</td><td>61</td></tr><tr><td>Total</td><td>195,532</td><td>59,068</td><td>5,928</td><td>4,988</td><td>4,249</td><td>2,694</td><td>10,161</td><td>36,467</td><td>71,476</td></tr><tr><td colspan="10">By maturity distribution:</td></tr><tr><td>Calls classes (due or first becoming callable):</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Within 1 year</td><td>86,313</td><td>24,729</td><td>774</td><td>182</td><td>1,134</td><td>446</td><td>8,573</td><td>1,688</td><td>34,591</td></tr><tr><td>1 to 5 years</td><td>74,422</td><td>28,802</td><td>1,703</td><td>1,140</td><td>2,167</td><td>1,128</td><td>1,516</td><td>1,706</td><td>20,999</td></tr><tr><td>5 to 10 years</td><td>17,617</td><td>4,943</td><td>834</td><td>183</td><td>609</td><td>193</td><td>54</td><td>2,1</td><td>7,988</td></tr><tr><td>10 to 15 years</td><td>1,123</td><td>44</td><td>85</td><td>18</td><td>3</td><td>47</td><td>6</td><td>2,43</td><td>621</td></tr><tr><td>15 to 20 years</td><td>4,360</td><td>147</td><td>5</td><td>1,8</td><td>1,3</td><td>86</td><td>1</td><td>953</td><td>2,203</td></tr><tr><td>20 years and over</td><td>11,363</td><td>362</td><td>1,218</td><td>1,11</td><td>178</td><td>379</td><td>11</td><td>1,783</td><td>5,014</td></tr><tr><td>Guaranteed securities</td><td>298</td><td>44</td><td>39</td><td>25</td><td>4</td><td>14</td><td>-</td><td>112</td><td>61</td></tr><tr><td>Total</td><td>195,532</td><td>59,068</td><td>5,928</td><td>4,988</td><td>4,249</td><td>2,694</td><td>10,161</td><td>36,467</td><td>71,476</td></tr><tr><td colspan="10">Maturity classes (final maturity 2/):</td></tr><tr><td>Within 1 year</td><td>82,578</td><td>23,213</td><td>667</td><td>362</td><td>131</td><td>398</td><td>8,421</td><td>1,133</td><td>33,474</td></tr><tr><td>1 to 5 years</td><td>65,838</td><td>17,370</td><td>1,470</td><td>1,63</td><td>1,067</td><td>831</td><td>1,624</td><td>1,637</td><td>18,267</td></tr><tr><td>5 to 10 years</td><td>21,30</td><td>6,393</td><td>1,790</td><td>708</td><td>1,050</td><td>670</td><td>82</td><td>2,84</td><td>7,347</td></tr><tr><td>10 to 15 years</td><td>8,67</td><td>1,524</td><td>44</td><td>100</td><td>290</td><td>303</td><td>21</td><td>741</td><td>4,834</td></tr><tr><td>15 to 20 years</td><td>2,799</td><td>112</td><td>10</td><td>32</td><td>36</td><td>48</td><td>4</td><td>780</td><td>1,042</td></tr><tr><td>20 years and over</td><td>13,428</td><td>408</td><td>1,311</td><td>2,444</td><td>222</td><td>431</td><td>13</td><td>4,75</td><td>6,471</td></tr><tr><td>Guaranteed securities</td><td>238</td><td>44</td><td>39</td><td>25</td><td>4</td><td>14</td><td>-</td><td>112</td><td>61</td></tr><tr><td>Total</td><td>195,532</td><td>59,068</td><td>5,928</td><td>4,988</td><td>4,249</td><td>2,694</td><td>10,161</td><td>36,467</td><td>71,476</td></tr><tr><td colspan="10">By tax status: 10/</td></tr><tr><td>Partially exempt from Federal income taxes</td><td>1,489</td><td>1,334</td><td>5,928</td><td>4,988</td><td>4,244</td><td>2,692</td><td>5</td><td>36,367</td><td>119</td></tr><tr><td>Subject to Federal income taxes 11/</td><td>194,427</td><td>57,735</td><td>5,928</td><td>4,988</td><td>4,244</td><td>2,694</td><td>10,156</td><td>36,367</td><td>71,357</td></tr><tr><td>Total</td><td>195,532</td><td>59,068</td><td>5,928</td><td>4,988</td><td>4,249</td><td>2,694</td><td>10,161</td><td>36,467</td><td>71,476</td></tr></table>
Footnotes at end of Table 4.
56
Treasury Bulletin
TREASURY SURVEY OF OWNERSHIP, OCTOBER 31, 1961
Section I - Securities Issued or Guaranteed by the United States Government
Table 3.- Interest-Bearing Public Marketable Securities by Issues
(Per values - in millions of dollars)
<table><tr><th>Issue</th><th>Total amount outstanding</th><th>6,248 commercial banks 2/ 2/</th><th>512 mutual savings banks 2/</th><th>Insurance companies 305 life</th><th>518 fire, casualty, and marine</th><th>489 savings and loan associations</th><th>488 corporations</th><th>U. S. Government investment accounts and Federal Reserve Banks</th><th>Held by all other investors</th></tr><tr><td>treasury bills:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Regular weekly:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>November 1961 - January 1962.....</td><td>21,320</td><td>3,144</td><td>89</td><td>158</td><td>160</td><td>51</td><td>2,225</td><td>1,827</td><td>13,647</td></tr><tr><td>February 1962 - April 1962.....</td><td>7,738</td><td>1,164</td><td>23</td><td>21</td><td>45</td><td>11</td><td>982</td><td>1,181</td><td>4,376</td></tr><tr><td>Tax anticipation:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>March 1962.....</td><td>3,503</td><td>1,349</td><td>2</td><td>15</td><td>4</td><td>3</td><td>1,169</td><td>1.2</td><td>834</td></tr><tr><td>June 1962.....</td><td>2,511</td><td>1,594</td><td>5</td><td>6</td><td>1</td><td>3</td><td>317</td><td>52</td><td>532</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>January 1962.....</td><td>1,502</td><td>187</td><td>13</td><td>*</td><td>1</td><td>7</td><td>83</td><td>202</td><td>938</td></tr><tr><td>April 1962.....</td><td>2,000</td><td>443</td><td>18</td><td>1</td><td>11</td><td>13</td><td>215</td><td>308</td><td>911</td></tr><tr><td>July 1962.....</td><td>2,004</td><td>659</td><td>18</td><td>14</td><td>3</td><td>12</td><td>194</td><td>170</td><td>424</td></tr><tr><td>October 1962.....</td><td>2,003</td><td>989</td><td>10</td><td>11</td><td>2</td><td>12</td><td>207</td><td>1.3</td><td>648</td></tr><tr><td>Total Treasury bills.....</td><td>42,641</td><td>9,330</td><td>180</td><td>226</td><td>239</td><td>112</td><td>5,391</td><td>3,996</td><td>2,247</td></tr><tr><td>Certificates of indebtedness:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>3/4 May 1962-A.....</td><td>5,509</td><td>1,976</td><td>50</td><td>15</td><td>54</td><td>26</td><td>262</td><td>1,798</td><td>1,328</td></tr><tr><td>Treasury notes:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>3-5/8 February 1962-A.....</td><td>647</td><td>219</td><td>4</td><td>*</td><td>17</td><td>7</td><td>48</td><td>85</td><td>206</td></tr><tr><td>4 February 1962-D.....</td><td>1,435</td><td>586</td><td>43</td><td>1</td><td>46</td><td>29</td><td>50</td><td>21</td><td>658</td></tr><tr><td>3-1/4 February 1962-F.....</td><td>9,038</td><td>1,903</td><td>56</td><td>26</td><td>55</td><td>24</td><td>552</td><td>4,352</td><td>1,031</td></tr><tr><td>4 May 1962-E.....</td><td>2,211</td><td>980</td><td>64</td><td>16</td><td>21</td><td>40</td><td>109</td><td>152</td><td>822</td></tr><tr><td>4 August 1962-B.....</td><td>158</td><td>80</td><td>1</td><td>*</td><td>2</td><td>1</td><td>1</td><td>-</td><td>74</td></tr><tr><td>3-1/4 August 1962-G.....</td><td>7,325</td><td>1,654</td><td>111</td><td>5</td><td>35</td><td>77</td><td>184</td><td>1,676</td><td>1,873</td></tr><tr><td>3-3/4 November 1962-C.....</td><td>1,143</td><td>625</td><td>46</td><td>4</td><td>70</td><td>24</td><td>12</td><td>41</td><td>361</td></tr><tr><td>3-1/4 November 1962-H.....</td><td>6,082</td><td>952</td><td>37</td><td>11</td><td>32</td><td>16</td><td>258</td><td>3,371</td><td>1,447</td></tr><tr><td>2-5/8 February 1963-A.....</td><td>2,839</td><td>1,960</td><td>31</td><td>10</td><td>65</td><td>31</td><td>61</td><td>140</td><td>537</td></tr><tr><td>4 May 1963-B.....</td><td>1,743</td><td>714</td><td>71</td><td>*</td><td>41</td><td>21</td><td>4</td><td>9</td><td>82</td></tr><tr><td>3-1/4 May 1963-D.....</td><td>5,047</td><td>2,733</td><td>66</td><td>32</td><td>28</td><td>73</td><td>59</td><td>9</td><td>82</td></tr><tr><td>4-7/8 November 1963-C.....</td><td>3,011</td><td>1,078</td><td>156</td><td>9</td><td>80</td><td>33</td><td>29</td><td>17</td><td>124</td></tr><tr><td>3-3/4 May 1964-D.....</td><td>3,893</td><td>2,073</td><td>87</td><td>7</td><td>157</td><td>70</td><td>2</td><td>279</td><td>1,411</td></tr><tr><td>4-3/4 May 1964-A.....</td><td>4,933</td><td>570</td><td>94</td><td>15</td><td>51</td><td>23</td><td>31</td><td>2,83</td><td>1,117</td></tr><tr><td>5 August 1964-B.....</td><td>2,316</td><td>318</td><td>94</td><td>12</td><td>51</td><td>14</td><td>54</td><td>191</td><td>1,724</td></tr><tr><td>3-3/4 August 1964-E.....</td><td>5,019</td><td>2,038</td><td>93</td><td>12</td><td>61</td><td>53</td><td>87</td><td>1,648</td><td>727</td></tr><tr><td>4-7/8 November 1964-C.....</td><td>4,195</td><td>835</td><td>148</td><td>10</td><td>49</td><td>28</td><td>18</td><td>1,292</td><td>810</td></tr><tr><td>4-5/8 May 1965-A.....</td><td>2,113</td><td>702</td><td>158</td><td>20</td><td>64</td><td>55</td><td>14</td><td>352</td><td>74</td></tr><tr><td>1-1/2 April 1962-EA.....</td><td>551</td><td>105</td><td>*</td><td>1</td><td>39</td><td>-</td><td>221</td><td>45</td><td>164</td></tr><tr><td>1-1/2 October 1962-EO.....</td><td>590</td><td>183</td><td>1</td><td>*</td><td>13</td><td>*</td><td>44</td><td>4</td><td>41</td></tr><tr><td>1-1/2 April 1963-EA.....</td><td>533</td><td>267</td><td>5</td><td>2</td><td>33</td><td>-</td><td>102</td><td>-</td><td>148</td></tr><tr><td>1-1/2 October 1963-EO.....</td><td>506</td><td>289</td><td>1</td><td>*</td><td>19</td><td>*</td><td>68</td><td>-</td><td>211</td></tr><tr><td>1-1/2 April 1964-EA.....</td><td>457</td><td>264</td><td>4</td><td>3</td><td>40</td><td>*</td><td>56</td><td>-</td><td>121</td></tr><tr><td>1-1/2 October 1964-EO.....</td><td>490</td><td>209</td><td>13</td><td>9</td><td>28</td><td>-</td><td>74</td><td>-</td><td>134</td></tr><tr><td>1-1/2 April 1965-EA.....</td><td>466</td><td>174</td><td>23</td><td>96</td><td>24</td><td>*</td><td>85</td><td>-</td><td>174</td></tr><tr><td>1-1/2 October 1965-EO.....</td><td>315</td><td>177</td><td>5</td><td>16</td><td>11</td><td>2</td><td>35</td><td>-</td><td>61</td></tr><tr><td>1-1/2 April 1966-EA.....</td><td>675</td><td>165</td><td>23</td><td>233</td><td>27</td><td>4</td><td>94</td><td>-</td><td>128</td></tr><tr><td>1-1/2 October 1966-EO.....</td><td>17</td><td>9</td><td>1</td><td>*</td><td>3</td><td>2</td><td>1</td><td>-</td><td>1</td></tr><tr><td>Total Treasury notes.....</td><td>67,807</td><td>21,863</td><td>1,435</td><td>551</td><td>1,157</td><td>639</td><td>2,571</td><td>1,121</td><td>18,371</td></tr><tr><td>Treasury bonds:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>2-1/4 June 1959-62.....</td><td>3,964</td><td>1,550</td><td>43</td><td>8</td><td>173</td><td>25</td><td>579</td><td>458</td><td>1,168</td></tr><tr><td>2-1/4 December 1959-62.....</td><td>2,271</td><td>959</td><td>17</td><td>12</td><td>108</td><td>18</td><td>142</td><td>387</td><td>628</td></tr><tr><td>2-3/4 December 1960-65 1/2.....</td><td>1,485</td><td>1,334</td><td>*</td><td>*</td><td>26</td><td>1</td><td>5</td><td>*</td><td>114</td></tr><tr><td>2-1/2 November 1-1.....</td><td>6,403</td><td>3,112</td><td>114</td><td>0.</td><td>411</td><td>56</td><td>775</td><td>69</td><td>5,502</td></tr><tr><td>2-1/2 June 1962-67.....</td><td>1,464</td><td>553</td><td>89</td><td>9</td><td>49</td><td>31</td><td>9</td><td>108</td><td>508</td></tr><tr><td>2-1/2 August 1963.....</td><td>4,317</td><td>2,829</td><td>44</td><td>6</td><td>198</td><td>21</td><td>97</td><td>32</td><td>1,089</td></tr><tr><td>2-1/2 December 1963-68.....</td><td>1,818</td><td>605</td><td>195</td><td>52</td><td>159</td><td>66</td><td>12</td><td>225</td><td>504</td></tr><tr><td>3 February 1964.....</td><td>3,854</td><td>2,331</td><td>54</td><td>2</td><td>65</td><td>102</td><td>50</td><td>146</td><td>1,109</td></tr><tr><td>2-1/2 June 1964-69.....</td><td>2,637</td><td>660</td><td>431</td><td>118</td><td>151</td><td>84</td><td>14</td><td>447</td><td>731</td></tr><tr><td>2-1/2 December 1964-69.....</td><td>2,556</td><td>622</td><td>289</td><td>117</td><td>111</td><td>80</td><td>4</td><td>510</td><td>823</td></tr><tr><td>2-5/8 February 1965.....</td><td>6,896</td><td>3,694</td><td>1.1</td><td>34</td><td>303</td><td>139</td><td>171</td><td>821</td><td>1,614</td></tr><tr><td>2-1/2 March 1965-70.....</td><td>2,432</td><td>367</td><td>198</td><td>178</td><td>111</td><td>48</td><td>4</td><td>756</td><td>761</td></tr><tr><td>2-1/2 March 1966-71.....</td><td>1,422</td><td>137</td><td>137</td><td>1.3</td><td>77</td><td>37</td><td>1</td><td>378</td><td>531</td></tr><tr><td>3-3/4 May 1966.....</td><td>1,213</td><td>607</td><td>33</td><td>7</td><td>29</td><td>28</td><td>*</td><td>116</td><td>334</td></tr><tr><td>3 August 1966.....</td><td>1,484</td><td>798</td><td>45</td><td>2</td><td>34</td><td>63</td><td>1</td><td>134</td><td>404</td></tr><tr><td>3-3/8 November 1966-71.....</td><td>2,438</td><td>1,402</td><td>4</td><td>12</td><td>34</td><td>59</td><td>18</td><td>114</td><td>648</td></tr><tr><td>2-1/2 June 1967-72.....</td><td>1,763</td><td>221</td><td>130</td><td>74</td><td>44</td><td>77</td><td>4</td><td>181</td><td>1,029</td></tr><tr><td>2-1/2 September 1967-72.....</td><td>1,716</td><td>1,138</td><td>131</td><td>41</td><td>112</td><td>85</td><td>1</td><td>344</td><td>878</td></tr><tr><td>3-1/8 November 1967.....</td><td>3,004</td><td>1,301</td><td>151</td><td>41</td><td>112</td><td>144</td><td>20</td><td>712</td><td>1,101</td></tr></table>
F-notes at end of Table 4.
continued on following page
December 1961
57
TREASURY SURVEY OF OWNERSHIP, OCTOBER 31, 1961
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 rowspan="2">Issue</th><th rowspan="2">Total amount outstanding</th><th colspan="7">Held by investors covered in Treasury Survey</th><th rowspan="2">Held by all other investors 4/</th></tr><tr><th>6,248 commercial banks 2/ 3/</th><th>512 mutual savings banks 2/</th><th>Insurance companies 305 life</th><th>518 fire, casualty, and marine</th><th>489 savings and loan associations</th><th>488 corporations</th><th>U. S. Government investment accounts and Federal Reserve Banks</th></tr><tr><td colspan="10">Treasury bonds - (Continued):</td></tr><tr><td>2-1/2% December 1967-72</td><td>3,537</td><td>137</td><td>119</td><td>172</td><td>108</td><td>107</td><td>11</td><td>280</td><td>2,603</td></tr><tr><td>3-7/8 May 1968</td><td>2,137</td><td>581</td><td>155</td><td>24</td><td>72</td><td>93</td><td>1</td><td>376</td><td>834</td></tr><tr><td>4 October 1969</td><td>1,423</td><td>165</td><td>95</td><td>29</td><td>58</td><td>28</td><td>*</td><td>203</td><td>845</td></tr><tr><td>3-7/8 November 1974</td><td>654</td><td>33</td><td>68</td><td>26</td><td>27</td><td>34</td><td>5</td><td>136</td><td>325</td></tr><tr><td>4-1/4 May 1975-85</td><td>470</td><td>11</td><td>17</td><td>12</td><td>6</td><td>13</td><td>-</td><td>114</td><td>296</td></tr><tr><td>3-1/4 June 1978-83</td><td>1,596</td><td>35</td><td>55</td><td>96</td><td>37</td><td>38</td><td>1</td><td>173</td><td>1,161</td></tr><tr><td>4 February 1980</td><td>884</td><td>19</td><td>31</td><td>100</td><td>26</td><td>22</td><td>*</td><td>104</td><td>581</td></tr><tr><td>3-1/2 November 1980</td><td>1,916</td><td>93</td><td>169</td><td>432</td><td>59</td><td>26</td><td>*</td><td>676</td><td>461</td></tr><tr><td>3-1/4 May 1985</td><td>1,132</td><td>115</td><td>53</td><td>191</td><td>28</td><td>105</td><td>-</td><td>157</td><td>483</td></tr><tr><td>3-1/2 February 1990</td><td>4,016</td><td>122</td><td>453</td><td>958</td><td>89</td><td>138</td><td>1</td><td>782</td><td>1,472</td></tr><tr><td>3 February 1995</td><td>2,686</td><td>50</td><td>181</td><td>219</td><td>37</td><td>68</td><td>10</td><td>177</td><td>1,944</td></tr><tr><td>3-1/2 November 1998</td><td>3,528</td><td>75</td><td>551</td><td>1,023</td><td>24</td><td>68</td><td>*</td><td>671</td><td>1,116</td></tr><tr><td>Total Treasury bonds</td><td>79,277</td><td>25,656</td><td>4,224</td><td>4,171</td><td>2,794</td><td>1,903</td><td>1,938</td><td>9,850</td><td>28,741</td></tr><tr><td>Guaranteed securities 8/</td><td>298</td><td>44</td><td>39</td><td>25</td><td>4</td><td>14</td><td>-</td><td>112</td><td>61</td></tr><tr><td>Total public marketable securities</td><td>195,532</td><td>59,068</td><td>5,928</td><td>4,988</td><td>4,249</td><td>2,694</td><td>10,161</td><td>36,967</td><td>71,476</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</th><th rowspan="2">Total amount outstanding</th><th colspan="7">Held by investors covered in Treasury Survey</th><th rowspan="2">Held by all other investors 4/</th></tr><tr><th>6,248 commercial banks 2/ 2/</th><th>512 mutual savings banks 2/</th><th>Insurance companies 305 life</th><th>518 fire, casualty, and marine</th><th>489 savings and loan associations</th><th>488 corporations</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><td></td><td></td></tr><tr><td>Series E 5/</td><td>38,005</td><td>-</td><td>*</td><td>*</td><td>*</td><td>*</td><td>*</td><td>1</td><td>38,003</td></tr><tr><td>Series F 2/</td><td>308</td><td>49</td><td>-</td><td>*</td><td>8</td><td>2</td><td>*</td><td>*</td><td>248</td></tr><tr><td>Series G</td><td>1,329</td><td>116</td><td>17</td><td>14</td><td>28</td><td>15</td><td>1</td><td>2</td><td>1,135</td></tr><tr><td>Series H</td><td>6,227</td><td>-</td><td>*</td><td>*</td><td>*</td><td>1</td><td>*</td><td>1</td><td>6,225</td></tr><tr><td>Series J 5/</td><td>542</td><td>-</td><td>-</td><td>1</td><td>5</td><td>4</td><td>1</td><td>1</td><td>530</td></tr><tr><td>Series K</td><td>1,333</td><td>2</td><td>9</td><td>4</td><td>14</td><td>29</td><td>2</td><td>4</td><td>1,268</td></tr><tr><td>Total United States savings bonds</td><td>47,743</td><td>167</td><td>26</td><td>20</td><td>56</td><td>51</td><td>4</td><td>10</td><td>47,409</td></tr><tr><td>Other U. S. securities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Certificates of indebtedness:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>2.40% Foreign Series</td><td>450</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>450</td></tr><tr><td>1.25% Foreign Currency Series</td><td>46</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>46</td></tr><tr><td>Depository bonds</td><td>157</td><td>157 6/</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Treasury bonds:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>R. E. A. Series</td><td>22</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>22</td></tr><tr><td>Investment Series A</td><td>461</td><td>108</td><td>17</td><td>120</td><td>14</td><td>5</td><td>*</td><td>100</td><td>47</td></tr><tr><td>Investment Series B</td><td>4,705</td><td>80</td><td>194</td><td>876</td><td>81</td><td>58</td><td>5</td><td>2,308</td><td>1,105</td></tr><tr><td>Total other U. S. securities</td><td>5,842</td><td>345 6/</td><td>211</td><td>996</td><td>94</td><td>62</td><td>5</td><td>2,408</td><td>1,720</td></tr><tr><td>Total public nonmarketable securities</td><td>53,585</td><td>512 6/</td><td>237</td><td>1,015</td><td>150</td><td>114</td><td>9</td><td>2,418</td><td>49,129</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.
2/ Includes trust companies and, beginning with figures for July 1949, also includes stock savings banks. Previously, those banks were reported as a separate classification.
4/ Included with all other investors are those banks, insurance companies, savings and loan associations, and corporations 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 to the Treasury Survey at maturity value but have been adjusted to current redemption value for use in this statement.
6/ Includes $77 million depositary bonds held by commercial banks not included in the Treasury Survey.
7/ Holdings by reporting investors not available.
8/ Guaranteed securities are those held outside the Treasury.
9/ Except partially tax-exempt bonds, which are classified to earliest call date.
10/ 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. For all other securities, the income is subject to normal tax and surtax.
Remaining footnotes on following page.
Treasury Bulletin
58
TREASURY SURVEY OF OWNERSHIP, OCTOBER 31, 1961
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</th><th>Total amount outstanding 12/</th><th>6,248 commercial banks 2/ 2/</th><th>512 mutual savings banks 2/</th><th>insurance companies 305 life</th><th>518 fire, casualty, and marine</th><th>489 savings and loan associations</th><th>438 corporations</th><th>U. S. Government investment accounts and Federal Reserve Banks</th><th>Held by all other investors 4/</th></tr><tr><td colspan="10">Banks for cooperatives:</td></tr><tr><td>2.70% December 1961 (Debentures)</td><td>138</td><td>28</td><td>2</td><td>-</td><td>1</td><td>1</td><td>27</td><td>-</td><td>80</td></tr><tr><td>2.95% February 1962 (Debentures)</td><td>134</td><td>36</td><td>4</td><td>2</td><td>1</td><td>1</td><td>34</td><td>11</td><td>45</td></tr><tr><td>3.15% April 1962 (Debentures)</td><td>172</td><td>45</td><td>5</td><td>2</td><td>1</td><td>1</td><td>39</td><td>-</td><td>79</td></tr><tr><td>Total banks for cooperatives securities</td><td>445</td><td>108</td><td>11</td><td>4</td><td>3</td><td>3</td><td>100</td><td>11</td><td>204</td></tr><tr><td colspan="10">Federal home loan banks: 14/</td></tr><tr><td>3.10% January 1962 (Notes)</td><td>148</td><td>38</td><td>8</td><td>1</td><td>1</td><td>8</td><td>14</td><td>-</td><td>79</td></tr><tr><td>3% February 1962 (Notes)</td><td>238</td><td>46</td><td>8</td><td>4</td><td>4</td><td>12</td><td>77</td><td>7</td><td>80</td></tr><tr><td>3% March 1962 (Notes)</td><td>100</td><td>26</td><td>6</td><td>*</td><td>*</td><td>5</td><td>24</td><td>-</td><td>39</td></tr><tr><td>3.15% April 1962 (Notes)</td><td>381</td><td>144</td><td>14</td><td>2</td><td>2</td><td>15</td><td>61</td><td>-</td><td>142</td></tr><tr><td>3.05% May 1962 (Notes)</td><td>218</td><td>60</td><td>7</td><td>2</td><td>1</td><td>12</td><td>44</td><td>-</td><td>92</td></tr><tr><td>3-1/8% April 1963 (Bonds)</td><td>249</td><td>79</td><td>6</td><td>1</td><td>5</td><td>65</td><td>2</td><td>-</td><td>91</td></tr><tr><td>Total Federal home loan bank securities</td><td>1,334</td><td>392</td><td>50</td><td>10</td><td>13</td><td>117</td><td>222</td><td>7</td><td>523</td></tr><tr><td colspan="10">Federal intermediate credit banks:</td></tr><tr><td>Debentures</td><td>1,715</td><td>371</td><td>86</td><td>20</td><td>25</td><td>11</td><td>351</td><td>17</td><td>833</td></tr><tr><td colspan="10">Federal land banks: 15/</td></tr><tr><td>3-3/8% February 1962 (Bonds)</td><td>91</td><td>28</td><td>5</td><td>1</td><td>1</td><td>*</td><td>8</td><td>-</td><td>47</td></tr><tr><td>4% May 1962 (Bonds)</td><td>125</td><td>18</td><td>3</td><td>1</td><td>1</td><td>1</td><td>19</td><td>-</td><td>83</td></tr><tr><td>4-7/8% August 1962 (Bonds)</td><td>98</td><td>10</td><td>5</td><td>*</td><td>4</td><td>*</td><td>1</td><td>-</td><td>77</td></tr><tr><td>3-1/4% October 1962 (Bonds)</td><td>104</td><td>32</td><td>8</td><td>1</td><td>2</td><td>1</td><td>2</td><td>-</td><td>59</td></tr><tr><td>3-5/8% February 1963 (Bonds)</td><td>115</td><td>28</td><td>8</td><td>-</td><td>2</td><td>1</td><td>3</td><td>-</td><td>73</td></tr><tr><td>2-3/4% May 1963 (Bonds)</td><td>122</td><td>64</td><td>3</td><td>1</td><td>1</td><td>*</td><td>1</td><td>-</td><td>52</td></tr><tr><td>4-1/2% April 1964 (Bonds)</td><td>147</td><td>19</td><td>14</td><td>3</td><td>6</td><td>1</td><td>1</td><td>-</td><td>102</td></tr><tr><td>4% October 1964 (Bonds)</td><td>90</td><td>30</td><td>12</td><td>-</td><td>1</td><td>*</td><td>-</td><td>-</td><td>47</td></tr><tr><td>4% October 1965 (Bonds)</td><td>160</td><td>43</td><td>17</td><td>*</td><td>4</td><td>2</td><td>2</td><td>-</td><td>92</td></tr><tr><td>4% December 1965 (Bonds)</td><td>115</td><td>26</td><td>14</td><td>*</td><td>1</td><td>1</td><td>-</td><td>-</td><td>73</td></tr><tr><td>3-5/8% February 1966 (Bonds)</td><td>150</td><td>26</td><td>36</td><td>1</td><td>6</td><td>1</td><td>*</td><td>-</td><td>81</td></tr><tr><td>3-1/4% May 1966 (Bonds)</td><td>108</td><td>40</td><td>6</td><td>1</td><td>5</td><td>1</td><td>-</td><td>-</td><td>54</td></tr><tr><td>4-1/4% July 1966 (Bonds)</td><td>193</td><td>47</td><td>24</td><td>1</td><td>8</td><td>-</td><td>13</td><td>-</td><td>100</td></tr><tr><td>4-1/8% February 1967-72 (Bonds)</td><td>72</td><td>2</td><td>2</td><td>5</td><td>*</td><td>*</td><td>*</td><td>-</td><td>62</td></tr><tr><td>4-1/2% October 1967-70 (Bonds)</td><td>75</td><td>3</td><td>3</td><td>1</td><td>2</td><td>*</td><td>1</td><td>-</td><td>65</td></tr><tr><td>4-1/4% March 1968 (Bonds)</td><td>86</td><td>5</td><td>4</td><td>1</td><td>1</td><td>*</td><td>*</td><td>-</td><td>75</td></tr><tr><td>4-3/8% March 1969 (Bonds)</td><td>100</td><td>6</td><td>6</td><td>1</td><td>2</td><td>*</td><td>-</td><td>-</td><td>85</td></tr><tr><td>4-5/8% July 1969 (Bonds)</td><td>60</td><td>2</td><td>1</td><td>1</td><td>1</td><td>*</td><td>*</td><td>-</td><td>54</td></tr><tr><td>5-1/8% February 1970 (Bonds)</td><td>82</td><td>2</td><td>7</td><td>1</td><td>3</td><td>-</td><td>-</td><td>-</td><td>69</td></tr><tr><td>3-1/2% April 1970 (Bonds)</td><td>83</td><td>11</td><td>9</td><td>*</td><td>1</td><td>2</td><td>-</td><td>-</td><td>61</td></tr><tr><td>5-1/8% July 1970 (Bonds)</td><td>85</td><td>1</td><td>4</td><td>2</td><td>1</td><td>-</td><td>-</td><td>-</td><td>77</td></tr><tr><td>3-1/2% May 1971 (Bonds)</td><td>60</td><td>1</td><td>2</td><td>2</td><td>2</td><td>*</td><td>*</td><td>-</td><td>54</td></tr><tr><td>3-7/8% September 1972 (Bonds)</td><td>109</td><td>1</td><td>3</td><td>6</td><td>3</td><td>1</td><td>1</td><td>-</td><td>94</td></tr><tr><td>Total Federal land bank securities</td><td>2,431</td><td>444</td><td>195</td><td>32</td><td>59</td><td>12</td><td>53</td><td>-</td><td>1,635</td></tr><tr><td colspan="10">Federal National Mortgage Association:</td></tr><tr><td>Discount notes</td><td>347</td><td>10</td><td>3</td><td>1</td><td>1</td><td>6</td><td>180</td><td>-</td><td>147</td></tr><tr><td>3-1/2% February 1962 (Debentures)</td><td>200</td><td>49</td><td>12</td><td>2</td><td>6</td><td>16</td><td>10</td><td>*</td><td>105</td></tr><tr><td>4-7/8% September 1962 (Debentures)</td><td>150</td><td>14</td><td>15</td><td>*</td><td>6</td><td>8</td><td>1</td><td>-</td><td>100</td></tr><tr><td>3-1/4% March 1963 (Debentures)</td><td>150</td><td>42</td><td>7</td><td>*</td><td>4</td><td>16</td><td>7</td><td>-</td><td>73</td></tr><tr><td>4-1/8% November 1963 (Debentures)</td><td>100</td><td>22</td><td>6</td><td>*</td><td>8</td><td>7</td><td>*</td><td>-</td><td>56</td></tr><tr><td>3-5/8% May 1964 (Debentures)</td><td>100</td><td>27</td><td>3</td><td>1</td><td>1</td><td>16</td><td>-</td><td>-</td><td>52</td></tr><tr><td>4% September 1964 (Debentures)</td><td>150</td><td>34</td><td>10</td><td>*</td><td>2</td><td>9</td><td>15</td><td>-</td><td>80</td></tr><tr><td>4-3/8% June 1965 (Debentures)</td><td>100</td><td>13</td><td>8</td><td>1</td><td>4</td><td>12</td><td>*</td><td>-</td><td>61</td></tr><tr><td>4-1/8% December 1966 (Debentures)</td><td>100</td><td>19</td><td>7</td><td>*</td><td>2</td><td>13</td><td>3</td><td>-</td><td>56</td></tr><tr><td>3-5/8% March 1968 (Debentures)</td><td>100</td><td>14</td><td>6</td><td>1</td><td>5</td><td>24</td><td>*</td><td>-</td><td>50</td></tr><tr><td>4-3/8% April 1969 (Debentures)</td><td>90</td><td>3</td><td>6</td><td>2</td><td>1</td><td>2</td><td>-</td><td>-</td><td>71</td></tr><tr><td>4-5/8% April 1970 (Debentures)</td><td>150</td><td>5</td><td>18</td><td>4</td><td>10</td><td>1</td><td>2</td><td>-</td><td>110</td></tr><tr><td>4-1/8% September 1970 (Debentures)</td><td>125</td><td>9</td><td>12</td><td>1</td><td>11</td><td>7</td><td>1</td><td>-</td><td>85</td></tr><tr><td>4-1/8% August 1971 (Debentures)</td><td>75</td><td>6</td><td>9</td><td>1</td><td>11</td><td>3</td><td>-</td><td>-</td><td>44</td></tr><tr><td>4-1/2% September 1971 (Debentures)</td><td>100</td><td>3</td><td>8</td><td>3</td><td>5</td><td>*</td><td>-</td><td>-</td><td>81</td></tr><tr><td>5-1/8% February 1972 (Debentures)</td><td>100</td><td>2</td><td>9</td><td>3</td><td>2</td><td>-</td><td>-</td><td>-</td><td>84</td></tr><tr><td>4-1/4% June 1973 (Debentures)</td><td>10</td><td>10</td><td>26</td><td>1</td><td>5</td><td>13</td><td>1</td><td>-</td><td>91</td></tr><tr><td>Total Federal National Mortgage Association securities</td><td>,287</td><td>281</td><td>166</td><td>21</td><td>89</td><td>155</td><td>220</td><td>*</td><td>1,353</td></tr><tr><td colspan="10">Tennessee Valley Authority:</td></tr><tr><td>4.40% November 1975 (Bonds)</td><td>50</td><td>*</td><td>1</td><td>5</td><td>9</td><td>*</td><td>-</td><td>-</td><td>35</td></tr><tr><td>4-5/8% July 1986 (Bonds)</td><td>50</td><td>*</td><td>*</td><td>3</td><td>*</td><td>-</td><td>4</td><td>-</td><td>42</td></tr><tr><td>Total Tennessee Valley Authority securities</td><td>100</td><td>*</td><td>1</td><td>8</td><td>9</td><td>*</td><td>4</td><td>-</td><td>77</td></tr></table>
11/ Includes guaranteed securities which are classified as taxable although a small indeterminate amount of the Federal Housing Administration debentures is partially tax-exempt.
12/ The Treasury bonds of 196-65 are partially tax-exempt (see footnote 1).
13/ Includes only publicly offered issues.
14/ The proprietary interest of the United States in these banks ended in July 1951.
15/ The proprietary interest of the United States in these banks ended in June 1947.
* Less than $500,000.
December 1961
59
MARKET QUOTATIONS ON TREASURY SECURITIES, OCTOBER 31, 1961
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. 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 outstanding (millions)</th><th colspan="2">Issue date</th><th>Maturity date</th><th colspan="2">Bank discount</th><th rowspan="2">Amount outstanding (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="5">Regular weekly bills - 13 and 26 weeks</td><td colspan="5">Regular weekly bills - 26 weeks</td></tr><tr><td>$1,101</td><td>$600 1/2</td><td>8/3/61</td><td>5/4/61</td><td>11/2/61</td><td>2.10%</td><td>+0.03%</td><td>$600</td><td>8/31/61</td><td>3/1/62</td><td>2.42%</td><td>-1.18%</td></tr><tr><td>1,100</td><td>600 1/2</td><td>8/10/61</td><td>5/11/61</td><td>11/9/61</td><td>1.90</td><td>-0.22</td><td>595</td><td>9/7/61</td><td>3/8/62</td><td>2.44</td><td>-1.18</td></tr><tr><td>1,101</td><td>601 1/2</td><td>8/17/61</td><td>5/18/61</td><td>11/16/61</td><td>1.94</td><td>-0.20</td><td>601</td><td>9/14/61</td><td>3/15/62</td><td>2.44</td><td>-1.19</td></tr><tr><td>1,101</td><td>600 1/2</td><td>8/24/61</td><td>5/25/61</td><td>11/24/61</td><td>1.96</td><td>-0.21</td><td>600</td><td>9/21/61</td><td>3/22/62</td><td>2.50</td><td>-1.16</td></tr><tr><td>1,100</td><td>600 1/2</td><td>8/31/61</td><td>6/1/61</td><td>11/30/61</td><td>1.96</td><td>-0.24</td><td>600</td><td>9/28/61</td><td>3/29/62</td><td>2.52</td><td>-1.15</td></tr><tr><td>1,109</td><td>500</td><td>9/7/61</td><td>6/8/61</td><td>12/7/61</td><td>1.90</td><td>-0.31</td><td>600</td><td>10/5/61</td><td>4/5/62</td><td>2.58</td><td>-</td></tr><tr><td>1,101</td><td>500</td><td>9/14/61</td><td>6/15/61</td><td>12/14/61</td><td>1.90</td><td>-0.31</td><td>600</td><td>10/13/61</td><td>4/12/62</td><td>2.59</td><td>-</td></tr><tr><td>1,100</td><td>501</td><td>9/21/61</td><td>6/23/61</td><td>12/21/61</td><td>2.00</td><td>-0.23</td><td>600</td><td>10/19/61</td><td>4/19/62</td><td>2.61</td><td>-</td></tr><tr><td>1,100</td><td>500</td><td>9/28/61</td><td>6/29/61</td><td>12/28/61</td><td>2.08</td><td>-0.15</td><td>600</td><td>10/26/61</td><td>4/26/62</td><td>2.61</td><td>-</td></tr><tr><td colspan="5"></td><td colspan="5">Tax anticipation bills</td></tr><tr><td>1,100</td><td>500</td><td>10/5/61</td><td>7/6/61</td><td>1/4/62</td><td>2.16</td><td>-0.15</td><td>$3,503</td><td>7/26/61</td><td>3/23/62</td><td>2.51%</td><td>-1.17%</td></tr><tr><td>1,100</td><td>500</td><td>10/13/61</td><td>7/13/61</td><td>1/11/62</td><td>2.17</td><td>-0.15</td><td>2,511</td><td>9/27/61</td><td>6/22/62</td><td>2.74</td><td>-0.08</td></tr><tr><td>1,100</td><td>500</td><td>10/19/61</td><td>7/20/61</td><td>1/18/62</td><td>2.27</td><td>-0.14</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1,101</td><td>500</td><td>10/26/61</td><td>7/27/61</td><td>1/25/62</td><td>2.28</td><td>-0.16</td><td colspan="5">Other bills</td></tr><tr><td>-</td><td>600</td><td>-</td><td>8/3/61</td><td>2/1/62</td><td>2.29</td><td>-0.21</td><td>$1,502</td><td>1/15/61</td><td>1/15/62</td><td>2.20%</td><td>-1.16%</td></tr><tr><td>-</td><td>600</td><td>-</td><td>8/10/61</td><td>2/8/62</td><td>2.33</td><td>-0.18</td><td>2,000</td><td>4/15/61</td><td>4/15/62</td><td>2.61</td><td>-1.10</td></tr><tr><td>-</td><td>600</td><td>-</td><td>8/17/61</td><td>2/15/62</td><td>2.36</td><td>-0.17</td><td>2,004</td><td>7/15/61</td><td>7/15/62</td><td>2.79</td><td>-0.07</td></tr><tr><td>-</td><td>600</td><td>-</td><td>8/24/61</td><td>2/23/62</td><td>2.40</td><td>-0.12</td><td>2,003</td><td>10/16/61</td><td>10/15/62</td><td>2.90</td><td>-</td></tr></table>
Footnotes at end of Table 5.
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>$5,509</td><td>3% - 5/15/62-A</td><td>5/15/61</td><td>100.04</td><td>+0.02</td><td>2.76%</td><td>-1.1%</td></tr></table>
Table 3.- Treasury Notes (Taxable)
(Price decimals are 32nds)
<table><tr><th>Amount outstanding (millions)</th><th colspan="3">Description</th><th colspan="2">Price</th><th colspan="2">Yield</th><th>Issue date</th><th colspan="2">Price range since first traded 2/</th><th colspan="2">Price range since first traded 2/</th></tr><tr><th></th><th></th><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></th><th></th><th>Price</th><th>Date</th><th>Price</th><th>Date</th></tr><tr><td>$64.7</td><td>3-5/8%</td><td>-</td><td>2/15/62-A</td><td>100.10</td><td>-.02</td><td>2.57%</td><td>-.08%</td><td>5/1/57</td><td>105.12</td><td>4/24/58</td><td>96.30</td><td>12/22/59</td></tr><tr><td>1,435</td><td>4</td><td>-</td><td>2/15/62-D</td><td>100.14</td><td>-.04</td><td>2.44</td><td>.00</td><td>2/15/59</td><td>101.26</td><td>10/14/60</td><td>97.22</td><td>12/17/59</td></tr><tr><td>9,098</td><td>3-1/4</td><td>-</td><td>2/15/62-F</td><td>100.07</td><td>-.01</td><td>2.46</td><td>-.09</td><td>11/15/60</td><td>100.21</td><td>12/30/60</td><td>100.01</td><td>11/23/60</td></tr><tr><td>2,211</td><td>4</td><td>-</td><td>5/15/62-E</td><td>100.21</td><td>-.01½</td><td>2.76</td><td>-.09</td><td>4/14/60</td><td>101.24</td><td>12/30/60</td><td>98.31</td><td>5/18/60</td></tr><tr><td>158</td><td>4</td><td>-</td><td>8/15/62-B</td><td>100.26</td><td>-.04</td><td>2.94</td><td>+.05</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>7,325</td><td>3-1/4</td><td>-</td><td>8/15/62-G</td><td>100.08½</td><td>+.00½</td><td>2.90</td><td>-.05</td><td>2/15/61</td><td>100.16</td><td>5/15/61</td><td>100.03</td><td>8/17/61</td></tr><tr><td>1,143</td><td>3-3/4</td><td>-</td><td>11/15/62-C</td><td>100.25</td><td>+.01</td><td>2.98</td><td>-.08</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>6,082</td><td>3-1/4</td><td>-</td><td>11/15/62-H</td><td>100.10</td><td>+.03</td><td>2.94</td><td>-.11</td><td>8/1/61</td><td>100.10</td><td>10/31/61</td><td>100.01</td><td>8/23/61</td></tr><tr><td>2,839</td><td>2-5/8</td><td>-</td><td>2/15/63-A</td><td>99.15½</td><td>+.04½</td><td>3.03</td><td>-.09</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>-</td><td>5/15/63-B</td><td>101.04</td><td>+.03</td><td>3.24</td><td>-.10</td><td>4/1/59</td><td>102.08</td><td>12/29/60</td><td>96.14</td><td>12/29/59</td></tr><tr><td>5,047</td><td>3-1/4</td><td>-</td><td>5/15/63-D</td><td>100.01</td><td>+.04</td><td>3.23</td><td>-.09</td><td>5/15/61</td><td>100.14</td><td>5/12/61</td><td>99.20</td><td>6/5/61</td></tr><tr><td>3,011</td><td>4-7/8</td><td>-</td><td>11/15/63-C</td><td>103.02</td><td>+.04</td><td>3.31</td><td>-.11</td><td>11/15/59</td><td>104.23</td><td>12/30/60</td><td>99.19</td><td>1/6/60</td></tr><tr><td>4,933</td><td>4-3/4</td><td>-</td><td>5/15/64-A</td><td>103.00</td><td>.00</td><td>3.50</td><td>-.04</td><td>7/20/59</td><td>104.25</td><td>5/12/61</td><td>99.18</td><td>12/29/59</td></tr><tr><td>3,893</td><td>3-3/4</td><td>-</td><td>5/15/64-D</td><td>100.17</td><td>+.02</td><td>3.53</td><td>-.03</td><td>6/23/60</td><td>101.26</td><td>5/15/61</td><td>98.11</td><td>6/9/60</td></tr><tr><td>2,316</td><td>5</td><td>-</td><td>8/15/64-B</td><td>104.00</td><td>+.07</td><td>3.48</td><td>-.12</td><td>10/15/59</td><td>105.28</td><td>5/12/61</td><td>100.09</td><td>12/4/59</td></tr><tr><td>5,019</td><td>3-3/4</td><td>-</td><td>8/15/64-E</td><td>100.14</td><td>+.03</td><td>3.59</td><td>-.03</td><td>8/1/61</td><td>100.16</td><td>10/29/61</td><td>99.23</td><td>8/14/61</td></tr><tr><td>4,195</td><td>4-7/8</td><td>-</td><td>11/15/64-C</td><td>103.25</td><td>+.09</td><td>3.55</td><td>-.12</td><td>2/15/60</td><td>105.22</td><td>5/15/61</td><td>99.25</td><td>2/2/60</td></tr><tr><td>2,113</td><td>4-5/8</td><td>-</td><td>5/15/65-A</td><td>103.12</td><td>+.10</td><td>3.60</td><td>-.11</td><td>5/15/60</td><td>105.07</td><td>5/12/61</td><td>99.25</td><td>5/18/60</td></tr><tr><td>551</td><td>1-1/2</td><td>-</td><td>4/1/62-EA</td><td>99.16</td><td>+.02</td><td>2.71</td><td>+.05</td><td>4/1/57</td><td>99.18</td><td>7/25/61</td><td>88.18</td><td>8/13/57</td></tr><tr><td>590</td><td>1-1/2</td><td>-</td><td>10/1/62-EO</td><td>99.00</td><td>+.04</td><td>2.61</td><td>-.05</td><td>10/1/57</td><td>99.00</td><td>10/31/61</td><td>88.12</td><td>10/2/57</td></tr><tr><td>533</td><td>1-1/2</td><td>-</td><td>4/1/63-EA</td><td>98.05</td><td>+.11</td><td>2.83</td><td>-.14</td><td>4/1/58</td><td>98.05</td><td>10/31/61</td><td>88.14</td><td>9/16/59</td></tr><tr><td>506</td><td>1-1/2</td><td>-</td><td>10/1/63-EO</td><td>97.10</td><td>+.16</td><td>2.95</td><td>-.22</td><td>10/1/58</td><td>97.12</td><td>5/15/61</td><td>87.08</td><td>9/16/59</td></tr><tr><td>457</td><td>1-1/2</td><td>-</td><td>4/1/64-EA</td><td>96.10</td><td>+.22</td><td>3.10</td><td>-.15</td><td>4/1/59</td><td>96.16</td><td>5/15/61</td><td>85.16</td><td>9/15/59</td></tr><tr><td>490</td><td>1-1/2</td><td>-</td><td>10/1/64-EO</td><td>95.10</td><td>+.21</td><td>3.19</td><td>-.20</td><td>10/1/59</td><td>95.18</td><td>5/15/61</td><td>85.00</td><td>9/10/59</td></tr><tr><td>466</td><td>1-1/2</td><td>-</td><td>4/1/65-EA</td><td>93.21</td><td>+.25</td><td>3.48</td><td>-.21</td><td>4/1/60</td><td>99.30</td><td>4/6/60</td><td>87.12</td><td>5/24/60</td></tr><tr><td>315</td><td>1-1/2</td><td>-</td><td>10/1/65-EO</td><td>92.21</td><td>+.23</td><td>3.52</td><td>-.17</td><td>10/1/60</td><td>94.00</td><td>5/16/61</td><td>90.06</td><td>11/29/60</td></tr><tr><td>675</td><td>1-1/2</td><td>-</td><td>4/1/66-EA</td><td>90.28</td><td>+.20</td><td>3.76</td><td>-.12</td><td>4/1/61</td><td>93.02</td><td>5/15/61</td><td>89.06</td><td>9/8/61</td></tr><tr><td>17</td><td>1-1/2</td><td>-</td><td>10/1/66-EO</td><td>89.29</td><td>-</td><td>3.77</td><td>-</td><td>10/1/61</td><td>89.31</td><td>10/30/61</td><td>89.12</td><td>10/11/61</td></tr></table>
Footnotes at end of Table 5.
60
Treasury Bulletin
MARKET QUOTATIONS ON TREASURY SECURITIES, OCTOBER 31, 1961
Table 4. Taxable Treasury Bonds
(rice 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="2">Price range since first trade</th><th colspan="2">Price range since first trade</th></tr><tr><th>Bid</th><th>Change from last month</th><th>To first call or maturity 3/</th><th>Change from last month</th><th>High</th><th>Date</th><th>Low</th><th>Date</th></tr><tr><td>$6,463</td><td>2-1/2%</td><td>-</td><td>11/15/61</td><td>100.00%</td><td>-.01%</td><td>2.04%</td><td>+.09%</td><td>2/15/54</td><td>103.00</td><td>4/30/54</td><td>93.20</td><td>7/22/57</td></tr><tr><td>3,464</td><td>2-1/4</td><td>-</td><td>6/15/59-62</td><td>99.23</td><td>+.02</td><td>2.71</td><td>-.04</td><td>6/1/45</td><td>104.20</td><td>4/6/46</td><td>91.30</td><td>7/24/57</td></tr><tr><td>2,271</td><td>2-1/4</td><td>-</td><td>12/15/59-62</td><td>99.11</td><td>+.0%</td><td>2.85</td><td>-.12</td><td>11/15/45</td><td>104.21</td><td>4/6/46</td><td>91.18</td><td>7/24/57</td></tr><tr><td>4,317</td><td>2-1/2</td><td>-</td><td>8/15/63</td><td>98.30</td><td>+.09</td><td>3.12</td><td>-.12</td><td>11/15/54</td><td>100.24</td><td>4/18/58</td><td>91.05</td><td>9/15/59</td></tr><tr><td>3,854</td><td>3</td><td>-</td><td>2/15/64</td><td>99.08</td><td>+.07</td><td>3.34</td><td>-.09</td><td>1/14/58</td><td>103.19</td><td>4/21/58</td><td>92.06</td><td>9/15/59</td></tr><tr><td>6,841</td><td>2-5/8</td><td>-</td><td>2/15/65</td><td>96.30</td><td>+.10</td><td>3.62</td><td>-.08</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>1,13</td><td>3-3/4</td><td>-</td><td>5/15/66</td><td>100.07</td><td>-.06</td><td>3.70</td><td>+.05</td><td>11/15/60</td><td>102.11</td><td>5/15/61</td><td>91.12</td><td>8/9/61</td></tr><tr><td>1,484</td><td>3</td><td>-</td><td>8/15/66</td><td>97.16</td><td>-.01</td><td>3.57</td><td>+.02</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>2,438</td><td>3-3/8</td><td>-</td><td>11/15/66</td><td>98.15</td><td>-.01</td><td>3.71</td><td>+.01</td><td>3/15/61</td><td>100.06</td><td>5/15/61</td><td>97.13</td><td>8/9/61</td></tr><tr><td>1,464</td><td>2-1/2</td><td>-</td><td>6/15/62-67</td><td>93.90</td><td>+.08</td><td>3.86</td><td>-.03</td><td>5/5/42</td><td>108.12</td><td>4/6/46</td><td>84.22</td><td>3/15/53</td></tr><tr><td>3,604</td><td>3-5/8</td><td>-</td><td>11/15/67</td><td>98.28</td><td>+.01</td><td>3.83</td><td>-.01</td><td>3/15/61</td><td>100.24</td><td>5/12/61</td><td>97.18</td><td>8/8/61</td></tr><tr><td>2,137</td><td>3-7/8</td><td>-</td><td>5/15/68</td><td>101.12</td><td>+.05</td><td>3.81</td><td>-.03</td><td>6/23/60</td><td>102.04</td><td>5/12/61</td><td>98.11</td><td>6/9/60</td></tr><tr><td>1,818</td><td>2-1/2</td><td>-</td><td>12/15/63-68</td><td>91.08</td><td>+.07</td><td>3.92</td><td>-.03</td><td>12/1/42</td><td>108.03</td><td>4/6/46</td><td>82.08</td><td>1/6/60</td></tr><tr><td>2,637</td><td>2-1/2</td><td>-</td><td>6/15/64-64</td><td>96.18</td><td>-.02</td><td>3.35</td><td>+.03</td><td>4/15/43</td><td>107.25</td><td>4/6/46</td><td>81.10</td><td>1/6/60</td></tr><tr><td>1,423</td><td>4</td><td>-</td><td>10/1/61</td><td>101.24</td><td>+.08</td><td>3.74</td><td>-.04</td><td>10/1/57</td><td>110.14</td><td>6/5/61</td><td>94.04</td><td>12/30/59</td></tr><tr><td>1,556</td><td>2-1/2</td><td>-</td><td>12/15/64-69</td><td>90.00</td><td>-.12</td><td>3.95</td><td>+.07</td><td>9/15/43</td><td>107.24</td><td>4/6/46</td><td>81.04</td><td>1/6/60</td></tr><tr><td>2,432</td><td>2-1/2</td><td>-</td><td>3/15/65-70</td><td>95.05</td><td>-.10</td><td>3.91</td><td>+.06</td><td>2/1/44</td><td>107.23</td><td>4/6/46</td><td>80.10</td><td>1/6/60</td></tr><tr><td>1,422</td><td>2-1/2</td><td>-</td><td>3/15/66-71</td><td>98.28</td><td>-.12</td><td>3.93</td><td>+.0</td><td>1/1/44</td><td>107.22</td><td>4/6/46</td><td>79.28</td><td>1/6/60</td></tr><tr><td>1,763</td><td>2-1/2</td><td>-</td><td>6/15/67-72</td><td>87.12</td><td>-.06</td><td>3.97</td><td>+.04</td><td>6/1/45</td><td>106.16</td><td>4/6/46</td><td>79.12</td><td>1/6/60</td></tr><tr><td>2,716</td><td>2-1/2</td><td>-</td><td>9/15/67-72</td><td>87.08</td><td>-.06</td><td>3.36</td><td>+.04</td><td>10/20/41</td><td>109.18</td><td>4/6/46</td><td>78.24</td><td>1/6/60</td></tr><tr><td>3,537</td><td>2-1/2</td><td>-</td><td>11/15/67-72</td><td>87.12</td><td>-.04</td><td>3.32</td><td>-.03</td><td>11/15/45</td><td>107.16</td><td>4/6/46</td><td>79.06</td><td>1/6/60</td></tr><tr><td>654</td><td>3-7/8</td><td>-</td><td>11/15/74</td><td>107.38</td><td>+.08</td><td>3.85</td><td>-.02</td><td>12/2/57</td><td>110.24</td><td>4/2/58</td><td>91.08</td><td>1/6/60</td></tr><tr><td>884</td><td>4</td><td>-</td><td>2/15/80</td><td>101.31</td><td>+.16</td><td>3.93</td><td>-.04</td><td>1/23/59</td><td>103.18</td><td>5/12/61</td><td>93.08</td><td>1/6/60</td></tr><tr><td>1,316</td><td>3-1/2</td><td>-</td><td>11/15/80</td><td>94.18</td><td>+.09</td><td>3.99</td><td>-.02</td><td>10/3/60</td><td>97.24</td><td>5/12/61</td><td>91.22</td><td>9/14/61</td></tr><tr><td>1,546</td><td>3-1/4</td><td>-</td><td>6/15/78-83</td><td>96.00</td><td>+.12</td><td>4.00</td><td>-.02</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>1,132</td><td>3-1/4</td><td>-</td><td>5/15/85</td><td>99.00</td><td>+.12</td><td>3.39</td><td>-.03</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>70</td><td>4-1/4</td><td>-</td><td>5/15/75-76</td><td>103.15</td><td>+.16</td><td>3.92</td><td>-.07</td><td>4/5/60</td><td>105.28</td><td>5/5/61</td><td>98.10</td><td>5/19/60</td></tr><tr><td>4,016</td><td>3-1/2</td><td>-</td><td>2/15/77</td><td>96.12</td><td>+.30</td><td>4.08</td><td>-.01</td><td>2/14/58</td><td>100.16</td><td>4/21/58</td><td>84.08</td><td>1/6/60</td></tr><tr><td>2,680</td><td>3</td><td>-</td><td>2/15/79</td><td>86.10</td><td>+.18</td><td>3.73</td><td>-.03</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><tr><td>3,528</td><td>3-1/2</td><td>-</td><td>11/15/98</td><td>89.10</td><td>+.04</td><td>4.06</td><td>-.01</td><td>12/3/66</td><td>95.14</td><td>5/1/61</td><td>87.14</td><td>1/1/61</td></tr></table>
Footnotes at end of Table 5
Table 5.- Partially Tax-Exempt Treasury Bonds
(Fri. 10.30am - 11.30am)
<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 2/12/18</th></tr><tr><th>Bid</th><th>Change from last month</th><th>first call or maturity 2/12/18</th><th>Change from last month</th><th colspan="2">High</th><th colspan="2">Low</th></tr><tr><td>$1.48</td><td>2-3/4%</td><td>1.4/1.6</td><td>.00</td><td>1.99</td><td>-.09</td><td>12/1/18</td><td>11.25</td><td>12/1/16</td><td>11/28/18</td><td>11/1/16</td></tr></table>
Includes approximately $100 million issued for cash on June 14, 1961, as part of a "strip" of additional amounts of thirteen Series of Treasury bills, maturing each week from August 3 to November 20, 1961. Beginning April 1953, prices are closing bid quotations in "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, 1939. Dates of highs and lows in case of recurrence are the latest dates. An reliable issues market convention treats the yield to earliest full date as more significant when an issue is selling above par, and to maturity when it is selling at par or below. Included in the average yield of long-term taxable Treasury bonds as shown under "Average Yields of Long-Term Bonds."
December 1961
61
MARKET QUOTATIONS ON TREASURY SECURITIES, OCTOBER 31, 1961
YIELDS OF TAXABLE TREASURY SECURITIES, OCT. 31, 1961
Based on Closing Bid Quotations
62
Treasury Bulletin
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></table>
Annual series - calendar year averages of monthly series
<table><tr><td>1942</td><td>2.46</td><td>2.83</td><td>1949</td><td>2.31</td><td>2.66</td><td>1956</td><td>3.08</td><td>3.39</td></tr><tr><td>1943</td><td>2.47</td><td>2.73</td><td>1950</td><td>2.32</td><td>2.62</td><td>1957</td><td>3.47</td><td>3.81</td></tr><tr><td>1944</td><td>2.48</td><td>2.72</td><td>1951</td><td>2.57</td><td>2.86</td><td>1958</td><td>3.43</td><td>3.79</td></tr><tr><td>1945</td><td>2.37</td><td>2.62</td><td>1952</td><td>2.68</td><td>2.96</td><td>1959</td><td>4.08</td><td>4.38</td></tr><tr><td>1946</td><td>2.19</td><td>2.53</td><td>1953</td><td>2.94</td><td>3.20</td><td>1960</td><td>4.02</td><td>4.41</td></tr><tr><td>1947</td><td>2.25</td><td>2.61</td><td>1954</td><td>2.55</td><td>2.90</td><td></td><td></td><td></td></tr><tr><td>1948</td><td>2.44</td><td>2.82</td><td>1955</td><td>2.84</td><td>3.06</td><td></td><td></td><td></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>1956-April</td><td>3.07</td><td>3.24</td><td>1959-April</td><td>4.01</td><td>4.23</td></tr><tr><td>May</td><td>3.11</td><td>3.34</td><td>May</td><td>2.97</td><td>3.28</td><td>May</td><td>4.08</td><td>4.37</td></tr><tr><td>June</td><td>3.13</td><td>3.40</td><td>June</td><td>2.93</td><td>3.27</td><td>June</td><td>4.19</td><td>4.46</td></tr><tr><td>July</td><td>3.02</td><td>3.28</td><td>July</td><td>3.00</td><td>3.28</td><td>July</td><td>4.11</td><td>4.27</td></tr><tr><td>August</td><td>3.02</td><td>3.24</td><td>August</td><td>3.17</td><td>3.43</td><td>August</td><td>4.10</td><td>4.33</td></tr><tr><td>September</td><td>2.98</td><td>3.29</td><td>September</td><td>3.21</td><td>3.56</td><td>September</td><td>4.26</td><td>4.52</td></tr><tr><td>October</td><td>2.83</td><td>3.16</td><td>October</td><td>3.20</td><td>3.59</td><td>October</td><td>4.11 2/</td><td>4.17</td></tr><tr><td>November</td><td>2.86</td><td>3.11</td><td>November</td><td>3.30</td><td>3.69</td><td>November</td><td>4.12</td><td>4.36</td></tr><tr><td>December</td><td>2.79 2/</td><td>3.13</td><td>December</td><td>3.40</td><td>3.75</td><td>December</td><td>4.27</td><td>4.58</td></tr><tr><td>1954-January</td><td>2.69</td><td>3.0x</td><td>1957-January</td><td>3.34</td><td>3.77</td><td>1960-January</td><td>4.37</td><td>4.61</td></tr><tr><td>February</td><td>2.62</td><td>2.95</td><td>February</td><td>3.22</td><td>3.67</td><td>February</td><td>4.12</td><td>4.76</td></tr><tr><td>March</td><td>2.53</td><td>2.86</td><td>March</td><td>3.26</td><td>3.66</td><td>March</td><td>4.08</td><td>4.84</td></tr><tr><td>April</td><td>2.48</td><td>2.85</td><td>April</td><td>3.32</td><td>3.67</td><td>April</td><td>4.18 3/</td><td>4.44</td></tr><tr><td>May</td><td>2.54</td><td>2.88</td><td>May</td><td>3.40</td><td>3.74</td><td>May</td><td>4.10</td><td>4.46</td></tr><tr><td>June</td><td>2.55 2/</td><td>2.90</td><td>June</td><td>3.58 2/</td><td>3.91</td><td>June</td><td>3.98</td><td>4.44</td></tr><tr><td>July</td><td>2.47</td><td>2.89</td><td>July</td><td>3.60</td><td>3.99</td><td>July</td><td>3.86</td><td>4.41</td></tr><tr><td>August</td><td>2.48</td><td>2.87</td><td>August</td><td>3.63</td><td>4.10</td><td>August</td><td>3.78</td><td>4.28</td></tr><tr><td>September</td><td>2.52</td><td>2.89</td><td>September</td><td>3.66 2/ 2/</td><td>4.12</td><td>September</td><td>3.84 3/</td><td>4.25</td></tr><tr><td>October</td><td>2.54</td><td>2.87</td><td>October</td><td>3.73</td><td>4.10</td><td>October</td><td>3.91</td><td>4.30</td></tr><tr><td>November</td><td>2.57</td><td>2.89</td><td>November</td><td>3.57 2/</td><td>4.08</td><td>November</td><td>3.93</td><td>4.31</td></tr><tr><td>December</td><td>2.59 2/</td><td>2.90</td><td>December</td><td>3.30 2/</td><td>3.81</td><td>December</td><td>3.88</td><td>4.33</td></tr><tr><td>1955-January</td><td>2.68 2/</td><td>2.93</td><td>1958-January</td><td>3.24 2/</td><td>3.60</td><td>1961-January</td><td>3.89</td><td>4.32</td></tr><tr><td>February</td><td>2.78</td><td>2.99</td><td>February</td><td>3.28</td><td>3.59</td><td>February</td><td>3.21</td><td>4.37</td></tr><tr><td>March</td><td>2.78 2/</td><td>3.02</td><td>March</td><td>3.25</td><td>3.63</td><td>March</td><td>3.79</td><td>4.44</td></tr><tr><td>April</td><td>2.82</td><td>3.01</td><td>April</td><td>3.12</td><td>3.60</td><td>April</td><td>3.9</td><td>4.47</td></tr><tr><td>May</td><td>2.81</td><td>3.04</td><td>May</td><td>3.14</td><td>3.57</td><td>May</td><td>3.73</td><td>4.51</td></tr><tr><td>June</td><td>2.82</td><td>3.05</td><td>June</td><td>3.25 2/</td><td>3.57</td><td>June</td><td>3.98</td><td>4.33</td></tr><tr><td>July</td><td>2.91</td><td>3.0x</td><td>July</td><td>3.36</td><td>3.67</td><td>July</td><td>3.74</td><td>4.41</td></tr><tr><td>August</td><td>2.95</td><td>3.11</td><td>August</td><td>3.60</td><td>3.92</td><td>August</td><td>4.00</td><td>4.45</td></tr><tr><td>September</td><td>2.92</td><td>3.13</td><td>September</td><td>3.75</td><td>4.09</td><td>September</td><td>4.11</td><td>4.53</td></tr><tr><td>October</td><td>2.87</td><td>3.10</td><td>October</td><td>3.76</td><td>4.11</td><td>October</td><td>3.98</td><td>4.55</td></tr><tr><td>November</td><td>2.89</td><td>3.10</td><td>November</td><td>3.70</td><td>4.09</td><td></td><td></td><td></td></tr><tr><td>December</td><td>2.91</td><td>3.15</td><td>December</td><td>3.80</td><td>4.08</td><td></td><td></td><td></td></tr><tr><td>1956-January</td><td>2.98</td><td>3.11</td><td>1959-January</td><td>3.91 2/</td><td>4.13</td><td></td><td></td><td></td></tr><tr><td>February</td><td>2.85</td><td>3.08</td><td>February</td><td>3.92</td><td>4.14</td><td></td><td></td><td></td></tr><tr><td>March</td><td>2.93 3/</td><td>3.10</td><td>March</td><td>3.96</td><td>4.13</td><td></td><td></td><td></td></tr></table>
Weekly series - averages of daily series for weeks ending
<table><tr><td>1961-May</td><td>5..</td><td>3.72</td><td>4.29</td><td>1961-July</td><td>7..</td><td>3.91</td><td>4.38</td><td>1961-September</td><td>1..</td><td>4.11</td><td>4.44</td></tr><tr><td></td><td>12..</td><td>3.70</td><td>4.27</td><td></td><td>14..</td><td>3.92</td><td>4.31</td><td></td><td>8..</td><td>4.12</td><td>4.40</td></tr><tr><td></td><td>19..</td><td>3.71</td><td>4.25</td><td></td><td>21..</td><td>3.88</td><td>4.41</td><td></td><td>15..</td><td>4.17</td><td>4.46</td></tr><tr><td></td><td>26..</td><td>3.78</td><td>4.27</td><td></td><td>28..</td><td>3.89</td><td>4.42</td><td></td><td>22..</td><td>4.11</td><td>4.44</td></tr><tr><td>June</td><td>2..</td><td>3.79</td><td>4.28</td><td>August</td><td>4..</td><td>3.92</td><td>4.45</td><td>October</td><td>6..</td><td>3.38</td><td>4.43</td></tr><tr><td></td><td>9..</td><td>3.86</td><td>4.31</td><td></td><td>11..</td><td>4.03</td><td>4.45</td><td></td><td>13..</td><td>4.00</td><td>4.42</td></tr><tr><td></td><td>16..</td><td>3.86</td><td>4.33</td><td></td><td>18..</td><td>4.01</td><td>4.45</td><td></td><td>21..</td><td>3.48</td><td>4.44</td></tr><tr><td></td><td>23..</td><td>3.90</td><td>4.34</td><td></td><td>25..</td><td>4.01</td><td>4.44</td><td></td><td>27..</td><td>3.46</td><td>4.44</td></tr><tr><td></td><td>30..</td><td>3.93</td><td>4.36</td><td></td><td>29..</td><td>4.01</td><td>4.45</td><td></td><td>30..</td><td>3.48</td><td>4.45</td></tr></table>
Daily series - unweighted averages
<table><tr><th>1-61-October</th><th>2..</th><th>3.97</th><th>4.44</th><th>1961-October</th><th>12..</th><th>4.39</th><th>4.42</th><th>1-61-October</th><th>23..</th><th>3.40</th><th>4.44</th></tr><tr><td></td><td>3..</td><td>3.98</td><td>4.45</td><td></td><td>13..</td><td>4.39</td><td>4.41</td><td></td><td>24..</td><td>3.40</td><td>4.44</td></tr><tr><td></td><td>4..</td><td>3.98</td><td>4.44</td><td></td><td>16..</td><td>4.00</td><td>4.44</td><td></td><td>2..</td><td>3.40</td><td>4.41</td></tr><tr><td></td><td>5..</td><td>3.98</td><td>4.42</td><td></td><td>17..</td><td>3.98</td><td>4.42</td><td></td><td>3..</td><td>3.40</td><td>4.41</td></tr><tr><td></td><td>6..</td><td>3.98</td><td>4.42</td><td></td><td>18..</td><td>3.98</td><td>4.42</td><td></td><td>31..</td><td>3.40</td><td>4.41</td></tr><tr><td></td><td>9..</td><td>4.00</td><td>4.42</td><td></td><td>19..</td><td>3.49</td><td>4.42</td><td></td><td>31..</td><td>3.40</td><td>4.41</td></tr><tr><td></td><td>10..</td><td>4.01</td><td>4.42</td><td></td><td>20..</td><td>3.97</td><td>4.42</td><td></td><td>31..</td><td>3.40</td><td>4.41</td></tr><tr><td></td><td>11..</td><td>4.01</td><td>4.41</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></table>
Source: Beginning April 1993, 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. Price includes bonds which are neither due nor callable before a
given number of years as follows: April 1953 to date, 1 year; April 1952 - March 1953, 12 years; October 1941 - March 1952, 11 years. For bonds currently, in the series, see Table 4 under "Market Quotations on Treasury Securities" in this issue of Bulletin. 
1 One or more new long-term bonds added to the average. 
2 An existing bond dropped from the average (see footnote 1). 
3 Market closed
December 1961
63
AVERAGE YIELDS OF LONG-TERM BONDS
64
Treasury Bulletin
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 colspan="5">Individual income tax and employment taxes</th></tr><tr><th></th><th></th><th></th><th></th><th></th><th></th><th>Individual income tax not withheld 2/</th><th>Individual income tax withheld 2/</th><th>Old-age and disability insurance 3/</th><th>Railroad retirement</th><th>Unemployment insurance 4/</th></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>4,118,521</td><td>605,221</td><td>283,882</td></tr><tr><td>1955</td><td>66,288,692</td><td>-3,566 5/</td><td>66,288,692 4/</td><td>18,264,720</td><td>37,869,770</td><td>10,396,480</td><td>21,253,625 4/</td><td>5,339,573 4/</td><td>600,106 4/</td><td>79,986</td></tr><tr><td>1956</td><td>75,109,083</td><td>-</td><td>75,112,649 5/</td><td>21,298,522</td><td>42,633,426</td><td>11,321,366</td><td>24,015,676 5/</td><td>6,339,805</td><td>634,323</td><td>12,656</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>616,0,0</td><td>130,034</td></tr><tr><td>1958</td><td>79,978,476</td><td>-</td><td>79,978,476</td><td>20,533,316</td><td>47,212,944</td><td>11,527,648</td><td>27,040,911</td><td>7,733,423</td><td>575,882</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>11,733,369</td><td>29,001,375</td><td>8,004,355</td><td>524,349</td><td>324,020</td></tr><tr><td>1960</td><td>91,774,803</td><td>-</td><td>91,774,803</td><td>22,179,414</td><td>56,104,300</td><td>13,271,124</td><td>31,674,588</td><td>10,110,650</td><td>608,931</td><td>341,108</td></tr><tr><td>1961</td><td>94,396,478p</td><td>-4,608</td><td>94,401,086</td><td>21,764,940</td><td>58,655,452</td><td>13,175,346</td><td>32,977,654</td><td>11,586,83</td><td>570,812</td><td>347,356</td></tr><tr><td>1961-Jan.</td><td>5,168,694</td><td>-</td><td>5,168,694</td><td>533,550</td><td>3,546,607</td><td>1,156,062</td><td>1,345,659</td><td></td><td>12,842</td><td>3,045</td></tr><tr><td>Feb.</td><td>8,847,264</td><td>-</td><td>8,847,264</td><td>444,362</td><td>7,381,077</td><td>875,692</td><td>6,139,136</td><td></td><td>77,144</td><td>1,841,166</td></tr><tr><td>Mar.</td><td>11,590,743</td><td>-</td><td>11,590,743</td><td>5,798,996</td><td>4,519,130</td><td>848,674</td><td>3,607,801</td><td></td><td>47,13</td><td>1,702</td></tr><tr><td>Apr.</td><td>6,623,896</td><td>-</td><td>6,623,896</td><td>492,776</td><td>5,055,614</td><td>3,828,929</td><td>1,210,457</td><td></td><td>14,824</td><td>1,941</td></tr><tr><td>May.</td><td>9,389,672</td><td>-</td><td>9,389,672</td><td>411,293</td><td>7,719,231</td><td>1,156,593</td><td>6,483,083</td><td></td><td>20,162</td><td>1,293</td></tr><tr><td>June.</td><td>12,018,207p</td><td>-4,608</td><td>12,022,815</td><td>5,245,769</td><td>5,569,265</td><td>1,943,883</td><td>3,580,056</td><td></td><td>44,127</td><td>1,099</td></tr><tr><td>July.</td><td>3,427,747</td><td>-</td><td>3,427,747</td><td>519,563</td><td>1,788,961</td><td>245,119</td><td>1,525,870</td><td></td><td>14,103</td><td>710</td></tr><tr><td>Aug.</td><td>8,373,396</td><td>-</td><td>8,373,396</td><td>382,180</td><td>6,633,584</td><td>160,611</td><td>6,389,944</td><td></td><td>2,116</td><td>865</td></tr><tr><td>Sept.</td><td>9,945,359</td><td>-</td><td>9,945,359</td><td>3,250,50</td><td>5,545,577</td><td>1,171,145</td><td>3,490,431</td><td></td><td>1,246</td><td>110</td></tr><tr><td>Oct.</td><td>3,506,919</td><td>-</td><td>3,506,919</td><td>407,782</td><td>1,854,657</td><td>216,452</td><td>1,636,124</td><td></td><td>1,14</td><td>13</td></tr></table>
<table><tr><th> Fiscal year or month</th><th>Estate and gift taxes</th><th>Total excise</th><th>Alcohol</th><th>Tobacco</th><th colspan="4">Excise taxes</th></tr><tr><th></th><th></th><th></th><th></th><th></th><th>Total</th><th>Documents, etc. 9/</th><th>Manufacturers' and retailers' 6/</th><th>Miscellaneous 6/</th></tr><tr><td>1954</td><td>935,122</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>1,436,527</td></tr><tr><td>1955</td><td>936,267</td><td>9,210,582 4/</td><td>2,742,840</td><td>1,571,213</td><td>4,781,843</td><td>112,049</td><td>3,177,160</td><td>1,444,131</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>5,501,333</td><td>114,927</td><td>3,277,909</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>4,448,006</td><td>1,718,229</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>109,432</td><td>4,315,776</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>4,314,117</td><td>1,435,933</td></tr><tr><td>1960</td><td>1,626,348</td><td>11,864,741</td><td>3,193,714</td><td>1,931,504</td><td>6,639,879</td><td>139,231</td><td>5,113,818</td><td>1,386,854</td></tr><tr><td>1961</td><td>1,916,392</td><td>12,064,302</td><td>3,212,801</td><td>1,991,117</td><td>6,941,327</td><td>149,350</td><td>5,294,431</td><td>1,497,526</td></tr><tr><td>1961-Jan.</td><td>170,997</td><td>917,540</td><td>204,070</td><td>128,439</td><td>86,374</td><td rowspan="10">39,874</td><td rowspan="10">1,403,448</td><td rowspan="10">369,469</td></tr><tr><td>Feb.</td><td>161,021</td><td>860,804</td><td>168,837</td><td>115,935</td><td>1,111,747</td></tr><tr><td>Mar.</td><td>190,339</td><td>1,081,278</td><td>312,620</td><td>213,016</td><td>614,670</td></tr><tr><td>Apr.</td><td>244,149</td><td>831,358</td><td>230,581</td><td>160,108</td><td>41,180</td></tr><tr><td>May.</td><td>186,833</td><td>1,072,315</td><td>284,654</td><td>176,424</td><td>1,189,138</td></tr><tr><td>June.</td><td>145,460</td><td>1,062,321</td><td>327,134</td><td>189,833</td><td>239,445</td></tr><tr><td>July.</td><td>146,726</td><td>975,497</td><td>237,581</td><td>137,430</td><td>94,834</td></tr><tr><td>Aug.</td><td>158,216</td><td>1,197,316</td><td>291,600</td><td>146,109</td><td>905,119</td></tr><tr><td>Sept.</td><td>147,784</td><td>183,448</td><td>284,338</td><td>168,995</td><td>258,802</td></tr><tr><td>Oct.</td><td>142,194</td><td>1,114,284</td><td>343,809</td><td>183,625</td><td>106,658</td></tr><tr><td colspan="8"></td><td>37,185</td><td>1,378,806</td><td>4,6,98</td></tr></table>
Source: Internal Revenue Service reports for detail of collections by type of tax; monthly statement of receipts and expenditures of the Government for budget receipts from internal revenue (for explanation of reporting bases in this publication, 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 to special accounts for certain island possessions, as reported 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.
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 time when payments were included in the respective reports. 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 withheld income tax and old-age insurance taxes and later extended to railroad retirement taxes and many excises, these taxes are paid currently into Treasury depositories 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 disabilit. Insurance."
In Internal Revenue Service reports current collections are not separated as to type of tax; the breakdown shown for fiscal years is based on estimates made in accordance with provisions of Sec. 21 of the Social Security Act, as amended (4. 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 ex is taxes these receipts are included in the total only. Total collection 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 (48 U.S.C. 1421), but this amount was included in collections reported by the Internal Revenue Service. Beginning with 1956, such collections are excluded also from internal Revenue Service reports.
Detail is reported by quarters beginning with the fiscal year 1956. Preliminary.
December 1961
65
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
0-65-R
66
Treasury Bulletin
INTERNAL REVENUE COLLECTIONS
Table 2. - Detail of Excise Tax Collections
(In thousands of dollars)
<table><tr><th>Type of tax</th><th>Fiscal year 1959</th><th>Fiscal year 1960</th><th>Fiscal year 1961</th><th>Fiscal year 1961 (Jan. 1, 1961 - June 30, 1961)</th><th>Fiscal year 1961 (July 1, 1961 - Dec. 31, 1961)</th></tr><tr><td>Alcohol taxes: 1/</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Distilled spirits</td><td>2,137,149</td><td>2,142,425</td><td>2,314,746</td><td>33,372</td><td>2,277,372</td></tr><tr><td>Wines</td><td>92,442</td><td>100,369</td><td>97,803</td><td>19,791</td><td>2,277,372</td></tr><tr><td>Beer</td><td>772,55</td><td>800,921</td><td>805,255</td><td>22,41</td><td>78,795</td></tr><tr><td>Total alcohol taxes</td><td>3,002,096</td><td>3,193,714</td><td>3,212,801</td><td>78,795</td><td>2,366,636</td></tr><tr><td>Tobacco taxes: 1/</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cigars</td><td>51,101</td><td>50,117</td><td>49,604</td><td>1,23</td><td>49,377</td></tr><tr><td>Cigarettes</td><td>1,738,650</td><td>1,863,562</td><td>1,923,540</td><td>489,941</td><td>484,794</td></tr><tr><td>Other</td><td>17,665</td><td>17,825</td><td>17,974</td><td>4,428</td><td>4,486</td></tr><tr><td>Total tobacco taxes</td><td>1,806,816</td><td>1,931,504</td><td>1,991,117</td><td>49,882</td><td>538,657</td></tr><tr><td>Documentary and certain other stamp taxes:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Documentary stamp taxes 2/</td><td>126,225</td><td>131,134</td><td>141,90</td><td>1,191</td><td>1,333</td></tr><tr><td>Playing cards</td><td>7,558</td><td>8,075</td><td>8,040</td><td>1,685</td><td>1,848</td></tr><tr><td>Silver bullion sales or transfers</td><td>34</td><td>.2</td><td>14</td><td>4</td><td>10</td></tr><tr><td>Total documentary and certain other stamp taxes</td><td>133,817</td><td>139,211</td><td>149,954</td><td>3,880</td><td>3,291</td></tr><tr><td>Manufacturers' excise taxes:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Gasoline 3/</td><td>1,706,253</td><td>2,018,863</td><td>2,370,303</td><td>18,944</td><td>2,351,359</td></tr><tr><td>Lubricating oil, etc.</td><td>73,685</td><td>81,579</td><td>77,296</td><td>2,128</td><td>19,158</td></tr><tr><td>Tires, tubes, and tread rubber 3/</td><td>278,11</td><td>304,460</td><td>279,572</td><td>86,624</td><td>206,121</td></tr><tr><td>Passenger automobiles, chassis, bodies, etc.</td><td>1,039,272</td><td>1,311,292</td><td>1,228,629</td><td>378,997</td><td>949,632</td></tr><tr><td>Trucks and buses, chassis, bodies, etc. 3/</td><td>211,279</td><td>271,938</td><td>236,659</td><td>76,744</td><td>260,915</td></tr><tr><td>Parts and accessories for automobiles, trucks, etc.</td><td>166,234</td><td>189,476</td><td>183,819</td><td>49,715</td><td>134,104</td></tr><tr><td>Radio and television sets, phonographs, components, etc.</td><td>152,566</td><td>169,451</td><td>148,889</td><td>36,77</td><td>112,112</td></tr><tr><td>Refrigerators, freezers, air-conditioners, etc.</td><td>40,593</td><td>40,734</td><td>55,920</td><td>29,927</td><td>26,000</td></tr><tr><td>Electric, gas, and oil appliances</td><td>62,373</td><td>69,276</td><td>64,483</td><td>16,729</td><td>47,754</td></tr><tr><td>Pistols and revolvers</td><td>2,028</td><td>1,986</td><td>1,49</td><td>424</td><td>1,116</td></tr><tr><td>Phonograph records</td><td>26,541</td><td>24,334</td><td>22,823</td><td>4,480</td><td>18,341</td></tr><tr><td>Musical instruments</td><td>14,590</td><td>18,023</td><td>18,113</td><td>3,476</td><td>15,637</td></tr><tr><td>Sporting goods (other than fishing rods, creels, etc.)</td><td>11,675</td><td>13,611</td><td>14,710</td><td>4,140</td><td>10,570</td></tr><tr><td>Fishing rods, creels, etc.</td><td>5,589</td><td>5,836</td><td>6,253</td><td>2,088</td><td>4,161</td></tr><tr><td>Business and store machines</td><td>93,894</td><td>99,370</td><td>93,305</td><td>24,026</td><td>69,280</td></tr><tr><td>Cameras, lenses, film, and projectors</td><td>24,288</td><td>26,234</td><td>25,268</td><td>7,190</td><td>18,078</td></tr><tr><td>Electric light bulbs and tubes</td><td>29,401</td><td>31,762</td><td>32,24</td><td>7,660</td><td>24,582</td></tr><tr><td>Firearms (other than pistols and revolvers), shells and cartridges</td><td>13,909</td><td>15,540</td><td>14,985</td><td>4,224</td><td>10,761</td></tr><tr><td>Mechanical pencils, pens, and lighters</td><td>8,344</td><td>7,632</td><td>9,35</td><td>2,51</td><td>6,840</td></tr><tr><td>Matches</td><td>5,262</td><td>5,87</td><td>5,165</td><td>1,274</td><td>3,891</td></tr><tr><td>Total manufacturers' excise taxes</td><td>3,958,789</td><td>4,771,144</td><td>4,846,802</td><td>1,357,245</td><td>1,387,801</td></tr><tr><td>Retailers' excise taxes:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Furs</td><td>29,909</td><td>36,27</td><td>29,226</td><td>3,970</td><td>25,250</td></tr><tr><td>Jewelry, etc.</td><td>156,382</td><td>161,699</td><td>168,498</td><td>38,08</td><td>130,410</td></tr><tr><td>Luggage, etc.</td><td>61,468</td><td>64,573</td><td>68,182</td><td>17,685</td><td>50,497</td></tr><tr><td>Toilet preparations</td><td>107,968</td><td>122,211</td><td>131,743</td><td>31,33</td><td>100,410</td></tr><tr><td>Total retailers' excise taxes</td><td>355,728</td><td>378,649</td><td>397,649</td><td>61,74</td><td>313,567</td></tr></table>
Footnotes at end of table.
(Continued on following page)
December 1961
67
INTERNAL REVENUE COLLECTIONS
Table 2.- Detail of Excise Tax Collections - (Continued)
(In thousands of dollars)
<table><tr><th>Type of tax</th><th colspan="3">Fiscal year</th><th colspan="2">First quarter of fiscal year</th></tr><tr><th></th><th>1959</th><th>1960</th><th>1961</th><th>1961 (July-Sept. 1960)</th><th>1962 (July-Sept. 1961)</th></tr><tr><td>Miscellaneous excise taxes:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Admissions to theaters, concerts, etc.</td><td>49,977</td><td>34,494</td><td>36,679</td><td>9,248</td><td>10,133</td></tr><tr><td>Admissions to cabarets, roof gardens, etc.</td><td>45,117</td><td>49,605</td><td>33,603</td><td>9,119</td><td>8,759</td></tr><tr><td>Club dues and initiation fees</td><td>64,313</td><td>67,187</td><td>64,357</td><td>18,122</td><td>19,036</td></tr><tr><td>Toll telephone service, telegraph, cable, radio, etc., wire mileage service, wire and equipment service</td><td>292,412</td><td>312,055</td><td>343,894</td><td>85,920</td><td>87,135</td></tr><tr><td>General telephone service</td><td>398,023</td><td>426,242</td><td>483,408</td><td>122,155</td><td>122,603</td></tr><tr><td>Transportation of oil by pipeline 4/</td><td>7,962</td><td>50</td><td>387</td><td>80</td><td>8</td></tr><tr><td>Transportation of persons</td><td>227,044</td><td>255,459</td><td>264,262</td><td>65,807</td><td>69,059</td></tr><tr><td>Transportation of property (including coal) 4/</td><td>143,250</td><td>3,140</td><td>1,306</td><td>521</td><td>166</td></tr><tr><td>Use of safe deposit boxes</td><td>6,142</td><td>6,378</td><td>6,581</td><td>1,602</td><td>1,642</td></tr><tr><td>Coconut and other vegetable oils processed 5/</td><td>1,689</td><td>389</td><td>89</td><td>53</td><td>1</td></tr><tr><td>Sugar</td><td>86,378</td><td>89,856</td><td>91,818</td><td>23,169</td><td>24,821</td></tr><tr><td>Diesel and special motor fuels 2/ 6/</td><td>52,528</td><td>71,869</td><td>88,856</td><td>21,334r</td><td>25,311</td></tr><tr><td>Narcotics and marijuana, including occupational taxes</td><td>969</td><td>1,076</td><td>1,107</td><td>258</td><td>260</td></tr><tr><td>Coin-operated amusement devices</td><td>5,888</td><td>5,348</td><td>5,535</td><td>2,953</td><td>2,581</td></tr><tr><td>Coin-operated gaming devices</td><td>11,000</td><td>14,989</td><td>18,375</td><td>11,034</td><td>9,171</td></tr><tr><td>Bowling alleys, pool tables, etc.</td><td>3,403</td><td>3,670</td><td>4,317</td><td>2,278</td><td>2,409</td></tr><tr><td>Wagering occupational tax</td><td>566</td><td>560</td><td>641</td><td>274</td><td>250</td></tr><tr><td>Wagers</td><td>6,221</td><td>6,084</td><td>6,682</td><td>1,642</td><td>1,607</td></tr><tr><td>Use tax on highway motor vehicles weighing over 26,000 pounds 3/</td><td>32,532</td><td>38,333</td><td>45,575</td><td>32,920</td><td>41,080</td></tr><tr><td>Adulterated and process or renovated butter, filled cheese, and imported oleomargarine</td><td>2</td><td>2</td><td>2</td><td>*</td><td>16</td></tr><tr><td>Firearms transfer and occupational taxes</td><td>29</td><td>44</td><td>51</td><td>12</td><td>22</td></tr><tr><td>Total miscellaneous excise taxes</td><td>1,435,953</td><td>1,386,829</td><td>1,497,526</td><td>408,503r</td><td>426,068</td></tr><tr><td>Total received with returns and from sale of stamps</td><td>10,693,198</td><td>11,765,097</td><td>12,145,245</td><td>3,185,587</td><td>3,158,207</td></tr><tr><td>Undistributed depositary receipts 7/</td><td>65,771</td><td>98,007</td><td>-81,639</td><td>-44,910</td><td>-4,132</td></tr><tr><td>Unapplied collections</td><td>580</td><td>1,637</td><td>696</td><td>-722</td><td>2,187</td></tr><tr><td>Total excise taxes</td><td>10,759,549</td><td>11,864,741</td><td>12,144,302</td><td>3,139,955</td><td>3,156,261</td></tr></table>
Source: Internal Revenue Service reports. See also Table 1. The figures shown include collections for credit to special accounts for certain island possessions. Floor stocks taxes are included with the related classes of tax. 1/ Full detail on a monthly basis is available from the Internal Revenue Service. 2/ Taxes on issuance and transfers of capital stock and of corporate securities (bonds, debentures, etc.), deeds of conveyance, and policies issued by foreign insurers. 3/ Beginning with the fiscal year 1957, collections reflect the provisions of the Highway Revenue Act of 1956, approved June 29, 1956 (23 U.S.C. 120 note).
4/ Repealed effective August 1, 1958, by an act approved June 30, 1958 (26 U.S.C. 4292 note).
5/ The tax of 3 cents per pound, applicable to the first domestic processing of coconut oil and other vegetable oils, which was suspended from October 1, 1957, through June 30, 1960, under the act approved August 30, 1957, and May 29, 1959, is further suspended until June 30, 1963, under an act approved April 22, 1960 (26 U.S.C. 4511).
6/ Excludes diesel fuel not for use in highway vehicles.
7/ Amount of excise tax depositary receipts issued, less amount received with returns and distributed by detailed class of tax.
* Less than $500. r Revised.
68
Treasury Bulletin
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 2/</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</th><th>United States notes</th><th>Federal Reserve notes</th><th>Federal Reserve Bank notes</th><th>National bank notes</th></tr><tr><td>1954.</td><td>29,922</td><td>28,127</td><td>35</td><td>2,135</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>2,148</td><td>1</td><td>318</td><td>26,055</td><td>147</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>1960.</td><td>32,065</td><td>29,726</td><td>30</td><td>2,127</td><td>1</td><td>318</td><td>27,094</td><td>100</td><td>56</td></tr><tr><td>1961.</td><td>32,405</td><td>29,943</td><td>30</td><td>2,094</td><td>1</td><td>318</td><td>27,353</td><td>92</td><td>54</td></tr><tr><td>1960-December.</td><td>32,869 2/</td><td>30,442</td><td>30</td><td>2,110</td><td>1</td><td>313</td><td>27,837</td><td>96</td><td>55</td></tr><tr><td>1961-January.</td><td>31,776</td><td>29,385</td><td>30</td><td>1,986</td><td>1</td><td>305</td><td>26,913</td><td>95</td><td>55</td></tr><tr><td>February.</td><td>31,769</td><td>29,377</td><td>30</td><td>1,994</td><td>1</td><td>307</td><td>26,896</td><td>94</td><td>55</td></tr><tr><td>March.</td><td>31,891</td><td>29,428</td><td>30</td><td>2,025</td><td>1</td><td>310</td><td>26,970</td><td>94</td><td>55</td></tr><tr><td>April.</td><td>31,830</td><td>29,414</td><td>30</td><td>2,043</td><td>1</td><td>314</td><td>26,878</td><td>93</td><td>54</td></tr><tr><td>May.</td><td>32,197</td><td>29,752</td><td>30</td><td>2,100</td><td>1</td><td>317</td><td>27,157</td><td>92</td><td>54</td></tr><tr><td>June.</td><td>32,405</td><td>29,943</td><td>30</td><td>2,094</td><td>1</td><td>318</td><td>27,353</td><td>92</td><td>54</td></tr><tr><td>July.</td><td>32,477</td><td>30,002</td><td>30</td><td>2,077</td><td>1</td><td>315</td><td>27,434</td><td>91</td><td>54</td></tr><tr><td>August.</td><td>32,609</td><td>30,118</td><td>30</td><td>2,075</td><td>1</td><td>315</td><td>27,513</td><td>90</td><td>54</td></tr><tr><td>September.</td><td>32,658</td><td>30,152</td><td>30</td><td>2,079</td><td>1</td><td>314</td><td>27,584</td><td>90</td><td>54</td></tr><tr><td>October.</td><td>32,836</td><td>30,303</td><td>30 4/</td><td>2,076 5/</td><td>*</td><td>315</td><td>27,739 6/</td><td>89</td><td>54</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>1954</td><td>1,795</td><td>212</td><td>1,165</td><td>419</td><td>184.24</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>180.20</td></tr><tr><td>1960</td><td>2,338</td><td>305</td><td>1,484</td><td>549</td><td>177.48</td></tr><tr><td>1961</td><td>2,462</td><td>329</td><td>1,548</td><td>585</td><td>176.45</td></tr><tr><td>1960-December</td><td>2,427</td><td>319</td><td>1,533</td><td>574</td><td>180.34</td></tr><tr><td>1961-January</td><td>2,391</td><td>319</td><td>1,501</td><td>571</td><td>174.12</td></tr><tr><td>February</td><td>2,392</td><td>320</td><td>1,501</td><td>571</td><td>173.88</td></tr><tr><td>March</td><td>2,44</td><td>321</td><td>1,512</td><td>573</td><td>174.31</td></tr><tr><td>April</td><td>2,417</td><td>323</td><td>1,518</td><td>576</td><td>173.77</td></tr><tr><td>May</td><td>2,44</td><td>326</td><td>1,538</td><td>581</td><td>175.54</td></tr><tr><td>June</td><td>2,462</td><td>329</td><td>1,548</td><td>585</td><td>176.45</td></tr><tr><td>July</td><td>2,475</td><td>332</td><td>1,555</td><td>589</td><td>176.59</td></tr><tr><td>August</td><td>2,491</td><td>335</td><td>1,563</td><td>593</td><td>177.04</td></tr><tr><td>September</td><td>2,506</td><td>337</td><td>1,572</td><td>598</td><td>177.03r</td></tr><tr><td>October</td><td>2,532</td><td>339</td><td>1,590</td><td>603</td><td>177.74</td></tr></table>
Source: Circulation Statement of United States Money
1/ Exclude money held by the Treasury and money held by or for the account of the Federal Reserve Banks and agents.
2/ The following paper currencies are in process of retirement (redeemable from the general fund of the Treasury): Gold certificates issued before January 30, 1934; silver certificates issued before July 1, 1929, Treasury notes of 1890; and Federal Reserve notes issued before the series of 1928, Federal Reserve Bank notes, and national bank notes, for which the United States has assumed liability. The Treasury notes of 1890 have been in process of retirement since March 1900 (31 U.S.C. 411) upon receipt by the Treasury, the Federal Reserve Bank notes since June 12, 1945 (12 U.S.C. 445 note), and the national bank notes since December 23, 1915 (12 U.S.C. 441). Retirement of the others was authorized by the Old Series Currency Adjustment Act, approved June 30, 1961. "The act authorizes the Secretary of the Treasury to determine from time to time the amount of currency of the following types which have been destroyed or lost, and to reduce the amounts thereof on the
books of the Treasury: Gold certificates issued before January 30, 1934; silver certificates, United States notes, Federal Reserve Bank notes, and national bank notes all issued before July 1, 1929; Federal Reserve notes issued prior to the series of 1928; and Treasury notes of 1890. The Secretary of the Treasury determined on October 20, 1961, that $1 million of Treasury notes of 1890 have been destroyed or irrevocably lost and so will never be presented for redemption.
1/ Highest amount to date.
2/ Issued prior to January 30, 1934.
3/ Includes $10 million issued before July 1, 1929.
6/ Includes $36 million issued prior to the series of 1928.
7/ Based on the Bureau of the Census estimated population. Through 1958 the estimated population is for the conterminous United States (that is, exclusive of Alaska, Hawaii, and the outlying areas such as Puerto Rico, Guam, and the Virgin Islands). Beginning with 1959 the estimates include Alaska, and with August 1959, Hawaii.
r Revised. * Less than $500,000.
December 1961
69
MONETARY STATISTICS
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>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>3,794.5</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 1/</td><td>4,414.1</td><td>18.3</td></tr><tr><td>1960</td><td>19,322.2</td><td>4,394.5</td><td>18.5</td></tr><tr><td>1961</td><td>17,550.2</td><td>4,346.5</td><td>17.9</td></tr><tr><td>1960-December</td><td>17,766.6</td><td>4,375.6</td><td>19.8</td></tr><tr><td>1961-January</td><td>17,441.3</td><td>4,372.8</td><td>21.1</td></tr><tr><td>February</td><td>17,372.6</td><td>4,362.3</td><td>21.1</td></tr><tr><td>March</td><td>17,388.2</td><td>4,358.3</td><td>21.1</td></tr><tr><td>April</td><td>17,389.9</td><td>4,353.1</td><td>21.1</td></tr><tr><td>May</td><td>17,403.1</td><td>4,350.3</td><td>21.0</td></tr><tr><td>June</td><td>17,550.2</td><td>4,346.5</td><td>17.9</td></tr><tr><td>July</td><td>17,526.9</td><td>4,343.8</td><td>19.9</td></tr><tr><td>August</td><td>17,451.1</td><td>4,335.6</td><td>19.9</td></tr><tr><td>September</td><td>17,376.0</td><td>4,331.5</td><td>21.0</td></tr><tr><td>October</td><td>17,300.4</td><td>4,324.9</td><td>21.0</td></tr></table>
Source: Circulation Statement of United States Money. For detail of silver monetary stock see Table 4.
1
See Table 3, footnote 3.
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 1/</th><th>Liabilities: Gold certificates, etc. 2/</th><th>Balance of gold in Treasurer's account</th></tr><tr><td>1954</td><td>21,712.5</td><td>21,223.5</td><td>489.0</td></tr><tr><td>1955</td><td>21,690.4</td><td>21,199.1</td><td>491.2</td></tr><tr><td>1956</td><td>21,949.5</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>20,534.3</td><td>20,138.2</td><td>396.1</td></tr><tr><td>1959</td><td>19,455.9 3/</td><td>19,350.5</td><td>105.4</td></tr><tr><td>1960</td><td>17,766.6</td><td>17,665.6</td><td>101.0</td></tr><tr><td>1961-January</td><td>17,441.3</td><td>17,325.6</td><td>115.7</td></tr><tr><td>February</td><td>17,372.6</td><td>17,261.0</td><td>111.6</td></tr><tr><td>March</td><td>17,388.2</td><td>17,28.0</td><td>103.3</td></tr><tr><td>April</td><td>17,389.9</td><td>17,274.9</td><td>115.0</td></tr><tr><td>May</td><td>17,403.1</td><td>17,280.8</td><td>122.2</td></tr><tr><td>June</td><td>17,450.2</td><td>17,441.5</td><td>108.7</td></tr><tr><td>July</td><td>17,426.9</td><td>17,378.7</td><td>148.2</td></tr><tr><td>August</td><td>17,451.1</td><td>17,342.6</td><td>108.4</td></tr><tr><td>September</td><td>17,470.0</td><td>17,254.7</td><td>211.3</td></tr><tr><td>October</td><td>17,300.4</td><td>17,184.2</td><td>116.2</td></tr><tr><td>'wf</td><td></td><td></td><td></td></tr></table>
Source: Circulation Statement of United States Money. 1/ Treasury gold stock; does not include gold in Exchange Stabilization Fund. See "International Financial Statistics," Table 1. 2/ 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 $16. million against United States notes and Treasury notes of 1931. The United States payment of the $23.8 million increase in its gold subscription to the International Monetary Fund, authorized by the act approved June 17, 1959 (L. U.S. 180e) was made on June 23, 1959. (See "Budget Receipts and Expenditures," Table 3, footnote 10).
70
Treasury Bulletin
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="2">Securing silver certificates 1/</th><th colspan="3">In Treasurer's account</th><th colspan="2">Silver outside Treasury</th><th rowspan="2">Total silver at $1.29 per fine ounce</th></tr><tr><th>Silver bullion 2/</th><th>Silver dollars</th><th>Subsidiary coin 1/</th><th>Bullion for recoinage 2/</th><th>Bullion at cost</th><th>Silver dollars 1/</th><th>Subsidiary coin 1/</th></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>223.1</td><td>1,242.7</td><td>3,886.6</td></tr><tr><td>1955</td><td>2,194.4</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>1,404.6</td><td>4,185.4</td></tr><tr><td>1958</td><td>2,245.0</td><td>202.7</td><td>14.9</td><td>-</td><td>148.3</td><td>285.4</td><td>1,446.1</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>1960</td><td>2,252.1</td><td>161.2</td><td>2.6</td><td>-</td><td>83.2</td><td>326.5</td><td>1,576.0</td><td>4,375.6</td></tr><tr><td>1961-January</td><td>2,252.1</td><td>160.3</td><td>4.6</td><td>-</td><td>85.8</td><td>327.4</td><td>1,575.7</td><td>4,372.8</td></tr><tr><td>February</td><td>2,252.1</td><td>159.5</td><td>5.3</td><td>.1</td><td>79.6</td><td>328...</td><td>1,575.7</td><td>4,362.3</td></tr><tr><td>March</td><td>2,252.1</td><td>155.8</td><td>9.0</td><td>-</td><td>73.9</td><td>331.8</td><td>1,578.9</td><td>4,358.3</td></tr><tr><td>April</td><td>2,252.1</td><td>153.1</td><td>7.9</td><td>-</td><td>67.0</td><td>334.5</td><td>1,587.8</td><td>4,353.1</td></tr><tr><td>May</td><td>2,252.1</td><td>152.4</td><td>11.2</td><td>-</td><td>60.4</td><td>335.2</td><td>1,594.3</td><td>4,350.3</td></tr><tr><td>June</td><td>2,252.3</td><td>149.2</td><td>4.7</td><td>-</td><td>56.6</td><td>338.4</td><td>1,603.4</td><td>4,346.5</td></tr><tr><td>July</td><td>2,252.3</td><td>147.2</td><td>6.7</td><td>-</td><td>53.5</td><td>340.4</td><td>1,607.3</td><td>4,343.8</td></tr><tr><td>August</td><td>2,252.3</td><td>144.7</td><td>5.7</td><td>-</td><td>49.3</td><td>342.8</td><td>1,613.4</td><td>4,339.6</td></tr><tr><td>September</td><td>2,252.3</td><td>137.9</td><td>6.5</td><td>-</td><td>39.3</td><td>349.6</td><td>1,619.3</td><td>4,331.7</td></tr><tr><td>October</td><td>2,252.3</td><td>136.2</td><td>5.1</td><td>-</td><td>29.5</td><td>351.3</td><td>1,633.3</td><td>4,324.9</td></tr></table>
Source: Circulation Statement of United States Money; Office 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.
4/ Valued at $1.38+ per fine ounce or at $1.29+ per fine ounce according to whether the bullion is held for recoining of subsidiary silver coins or for recoining of standard silver dollars.
December 1961
7
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 on coins (silver and minor) $</th><th colspan="6">Sources of seigniorage on silver bullion revalued 1/</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 2/</th><th>Total seigniorage on silver revalued 2/</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>226.2</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>347.1</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>541.6</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>1,059.8</td></tr><tr><td>1941</td><td>182.1</td><td>48.7</td><td>584.4</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>1,143.2</td></tr><tr><td>1943</td><td>209.6</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>967.3</td></tr><tr><td>1944</td><td>362.3</td><td>48.7</td><td>584.3</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>559.1</td><td>48.7</td><td>832.2</td><td>34.7</td><td>87.6</td><td>84.0</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>64.3</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>114.6</td><td>1,119.1</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>791.9</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>834.6</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>0.0</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>72.2</td></tr><tr><td>1958</td><td>931.0</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>1960</td><td>1,038.5</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>70.8</td></tr><tr><td>1961-January</td><td>1,041.0</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>167.9</td><td>1,172.9</td><td>70.0</td></tr><tr><td>February</td><td>1,043.7</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>65.2</td></tr><tr><td>March</td><td>1,047.8</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>60.8</td></tr><tr><td>April</td><td>1,053.3</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>55.1</td></tr><tr><td>May</td><td>1,061.0</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>49.5</td></tr><tr><td>June p.</td><td>1,065.2</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>45.9</td></tr><tr><td>July p.</td><td>1,084.4</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>40.1</td></tr><tr><td>August p.</td><td>1,076.2</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>37.4</td></tr><tr><td>September p.</td><td>1,082.9</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>33.2</td></tr><tr><td>October p.</td><td>1,091.6</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>25.0</td></tr><tr><td>November p.</td><td>1,095.0</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>15.1</td></tr></table>
Source: Bureau of Accounts.
1/ These items represent the difference between the cost value and the monetary value of silver bullion revalued and held to secure silver certificates.
2/ 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. The figures in this column are not cumulative; as the amount of bullion held changes, the potential seigniorage thereon changes. Preliminary.
72
Treasury Bulletin
INTERNATIONAL FINANCIAL STATISTICS
Table 1.- U. S. Gold Stock, and Holdings of Convertible Foreign Currencies by U. S. Monetary Authorities
(In millions of dollars)
<table><tr><th>End of calendar year or month</th><th colspan="2">Gold stock</th><th>Foreign currency holdings</th></tr><tr><th></th><th>Treasury</th><th>Total</th><th></th></tr><tr><td>1953</td><td>22,030</td><td>22,091</td><td>-</td></tr><tr><td>1954</td><td>1,713</td><td>1,793</td><td>-</td></tr><tr><td>1955</td><td>21,690</td><td>21,793</td><td>-</td></tr><tr><td>1956</td><td>21,344</td><td>22,08</td><td>-</td></tr><tr><td>1957</td><td>22,781</td><td>22,87</td><td>-</td></tr><tr><td>1958</td><td>20,734</td><td>20,582</td><td>-</td></tr><tr><td>1959</td><td>1,746</td><td>19,507</td><td>-</td></tr><tr><td>1960</td><td>17,767</td><td>17,804</td><td>-</td></tr><tr><td>1961-January</td><td>17,441</td><td>17,38</td><td>-</td></tr><tr><td>February</td><td>17,373</td><td>17,41</td><td>-</td></tr><tr><td>March</td><td>17,382</td><td>17,433</td><td>2</td></tr><tr><td>April</td><td>17,390</td><td>17,435</td><td>175</td></tr><tr><td>May</td><td>17,403</td><td>17,451</td><td>169</td></tr><tr><td>June</td><td>17,550</td><td>17,679</td><td>186</td></tr><tr><td>July</td><td>17,527</td><td>17,590</td><td>105</td></tr><tr><td>August</td><td>17,451</td><td>17,630</td><td>106</td></tr><tr><td>September</td><td>17,376</td><td>17,457</td><td>62</td></tr><tr><td>October</td><td>17,300</td><td>17,331</td><td>112</td></tr><tr><td>November p</td><td>16,975</td><td>17,021</td><td>3</td></tr></table>
1 Includes gold in Exchange Stabilization Fund, which is not included in Treasury gold figures shown in "Circulation Statement of United States Money." See "Monetary Statistics," Table 3.
2/ To be published in following issue. p Preliminary.
December 1961
73
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 on the principal types of data and the principal countries is reported monthly, and is published regularly in the "Treasury Bulletin." Supplementary information is published less frequently. 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 nonfinancial 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
- 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">Changes in liabilities to foreigners</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>452.8</td><td>431.1</td><td>220.4</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>1,749.6</td><td>1,971.2</td><td>1,026.8</td><td>944.4</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>-586.3</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>1,494.7</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>3,522.2</td><td>4,354.0</td><td>3,229.6</td><td>1,124.4</td><td>-831.8</td><td>-82.0</td><td>-749.7</td></tr><tr><td>1960.</td><td>681.0r</td><td>2,315.9</td><td>1,937.4</td><td>378.4</td><td>-1,634.9r</td><td>-990.2r</td><td>-644.7</td></tr><tr><td>1961-January.</td><td>-439.6</td><td>-403.0</td><td>-410.3</td><td>7.3</td><td>-36.6</td><td>5.6</td><td>-42.2</td></tr><tr><td>February.</td><td>-11.3r</td><td>124.1</td><td>-146.5</td><td>270.6</td><td>-135.4r</td><td>-82.6r</td><td>-52.8</td></tr><tr><td>March.</td><td>-18.4r</td><td>338.3</td><td>320.3</td><td>18.0</td><td>-356.7r</td><td>-275.7r</td><td>-81.0</td></tr><tr><td>April.</td><td>-485.1r</td><td>-202.4</td><td>-232.1</td><td>29.6</td><td>-282.7r</td><td>-183.0r</td><td>-99.7</td></tr><tr><td>May.</td><td>129.0r</td><td>206.4</td><td>212.0</td><td>-5.6</td><td>-77.4r</td><td>26.2r</td><td>-103.6</td></tr><tr><td>June.</td><td>370.2r</td><td>415.5</td><td>422.0</td><td>-6.5</td><td>-45.3r</td><td>.9r</td><td>-46.2</td></tr><tr><td>July.</td><td>136.2r</td><td>288.4</td><td>264.7</td><td>23.7</td><td>-152.2r</td><td>-65.9r</td><td>-86.4</td></tr><tr><td>August.</td><td>63.2</td><td>19.3</td><td>-135.9</td><td>155.2</td><td>43.9</td><td>66.6</td><td>-22.7</td></tr><tr><td>September p.</td><td>254.4</td><td>319.4</td><td>322.8</td><td>-3.3</td><td>-65.0</td><td>-42.8</td><td>-22.2</td></tr><tr><td>October p.</td><td>130.2</td><td>366.2</td><td>288.1</td><td>78.2</td><td>-236.0</td><td>-188.8</td><td>-47.2</td></tr></table>
Preliminary. Revised.
74
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 rowspan="2">End of calendar year or month</th><th colspan="5">Short-term liabilities to foreigners</th><th colspan="4">Short-term claims on foreigners</th></tr><tr><th>Total</th><th>Foreign official</th><th>Other foreign</th><th>International</th><th>Payable in foreign currencies</th><th>Total</th><th>Loans 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>246.7</td><td>72.6</td><td>143.7</td><td>30.9</td></tr><tr><td>1943</td><td>5,374.9</td><td>3,320.1</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>2,239.9</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>6,883.1</td><td>4,173.3</td><td>2,678.2</td><td>-</td><td>25.5</td><td>392.8</td><td>104.3</td><td>24.0</td><td>47.5</td></tr><tr><td>1946</td><td>6,480.3</td><td>3,041.9</td><td>3,422.0</td><td>473.7</td><td>41.6</td><td>708.3</td><td>319.6</td><td>291.9</td><td>38.1</td></tr><tr><td>1947</td><td>7,116.4</td><td>1,832.1</td><td>5,272.7</td><td>2,262.0</td><td>49.7</td><td>948.9</td><td>291.2</td><td>446.6</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>361.1</td><td>471.1</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>434.3</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>44.4</td><td>898.1</td><td>151.1</td><td>593.3</td><td>40.6</td></tr><tr><td>1951</td><td>9,302.2</td><td>3,547.6</td><td>4,041.2</td><td>1,641.1</td><td>72.2</td><td>968.4</td><td>177.2</td><td>644.4</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>1,584.9</td><td>61.4</td><td>1,048.7</td><td>121.1</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>964.1</td><td>176.8</td><td>646.9</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>218.1</td><td>116.1</td><td>111.0</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>4.3</td><td>1,548.5</td><td>38.1</td><td>1,365.5</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>1,452.1</td><td>48.3</td><td>1,943.7</td><td>405.4</td><td>1,370.8</td><td>149.6</td></tr><tr><td>1957</td><td>15,158.3</td><td>7,916.6</td><td>5,663.3</td><td>1,517.3</td><td>57.1</td><td>1,199.4</td><td>385.1</td><td>1,664.4</td><td>147.3</td></tr><tr><td>1958</td><td>16,159.1</td><td>8,066.9</td><td>5,896.8</td><td>1,544.1</td><td>59.4</td><td>1,142.0</td><td>419.4</td><td>1,464.9</td><td>197.7</td></tr><tr><td>1959</td><td>19,388.7</td><td>9,154.3</td><td>6,399.1</td><td>3,118.1</td><td>77.1</td><td>1,624.0</td><td>497.6</td><td>1,364.6</td><td>217.2</td></tr><tr><td>1960</td><td>21,326.1</td><td>10,326.2</td><td>6,322.1</td><td>3,954.7</td><td>113.1</td><td>3,614.4</td><td>544.3</td><td>2,610.3r</td><td>479.6</td></tr><tr><td>1961-January</td><td>20,915.8</td><td>10,145.4</td><td>6,707.7</td><td>3,418.8</td><td>120.9</td><td>3,608.6r</td><td>517.9</td><td>2,620.1r</td><td>470.5</td></tr><tr><td>February</td><td>20,769.3</td><td>10,095.5</td><td>6,744.8</td><td>3,817.3</td><td>111.7</td><td>3,691.2r</td><td>449.1</td><td>2,760.3r</td><td>425.8</td></tr><tr><td>March</td><td>21,089.6</td><td>10,308.9</td><td>6,792.4</td><td>3,877.1</td><td>111.3</td><td>3,966.9r</td><td>533.1</td><td>2,937.5r</td><td>496.2</td></tr><tr><td>April</td><td>20,857.6</td><td>9,895.8</td><td>6,933.4</td><td>3,317.5</td><td>110.9</td><td>4,143.9r</td><td>584.7</td><td>3,034.4r</td><td>530.8</td></tr><tr><td>May</td><td>21,069.5</td><td>9,928.6</td><td>7,088.2</td><td>3,319.8</td><td>132.9</td><td>4,123.7r</td><td>599.3</td><td>3,017.0r</td><td>507.3</td></tr><tr><td>June</td><td>21,491.6</td><td>10,168.8</td><td>7,298.5</td><td>3,209.6</td><td>116.7</td><td>4,122.8r</td><td>582.7</td><td>3,089.0r</td><td>451.1</td></tr><tr><td>July</td><td>21,756.3</td><td>10,096.0</td><td>7,631.5</td><td>3,983.1</td><td>145.9</td><td>4,188.7r</td><td>634.8</td><td>3,141.9r</td><td>411.9</td></tr><tr><td>August</td><td>21,620.4</td><td>10,537.1</td><td>7,567.8</td><td>3,414.1</td><td>109.4</td><td>4,121.1</td><td>594.6</td><td>3,117.7</td><td>409.8</td></tr><tr><td>September p...</td><td>21,943.1</td><td>10,939.1</td><td>7,472.2</td><td>3,443.3</td><td>107.4</td><td>4,164.9</td><td>607.4</td><td>3,112.0</td><td>445.5</td></tr><tr><td>October p....</td><td>22,231.2</td><td>10,653.1</td><td>7,703.1</td><td>3,714.7</td><td>160.4</td><td>4,353.7</td><td>584.3</td><td>3,221.4</td><td>48.0</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."
2/ Includes $6.3 million representing reported liabilities to foreign official institutions.
p Preliminary. r Revised.
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">Corporate and other</th><th colspan="3">Stocks</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 2/</td><td>-95.7 2/</td><td>2/</td><td>2/</td><td>2/</td><td>430.2 3/</td><td>841.6 3/</td><td>-411.4 3/</td><td>9,322.1</td><td>8,695.3</td><td>626.7</td></tr><tr><td>1941....</td><td>164.2</td><td>138.7</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>261.6</td><td>14.0</td><td>46.6</td></tr><tr><td>19.3....</td><td>241.3</td><td>170.6</td><td>70.7</td><td>2/</td><td>2/</td><td>2/</td><td>11.6</td><td>14.6</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>145.7</td><td>171.4</td><td>-34.6</td><td>650.4</td><td>439.7</td><td>210.7</td></tr><tr><td>1945....</td><td>377.7</td><td>393.4</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>283.3</td><td>61.5</td><td>2/</td><td>2/</td><td>2/</td><td>220.1</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>652.1</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>442.1</td><td>107.7</td><td>103.3</td><td>-1.6</td><td>669.9</td><td>664.0</td><td>2.9</td><td>1,011.1</td><td>1,066.6</td><td>94.4</td></tr><tr><td>1951....</td><td>673.6</td><td>1,356.6</td><td>-683.0</td><td>1.0.0</td><td>141.6</td><td>-11.6</td><td>731.8</td><td>619.5</td><td>120.3</td><td>1,533.3</td><td>1,117.6</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>189.1</td><td>11.7</td><td>650.4</td><td>644.2</td><td>1.1</td><td>1,384.0</td><td>1,009.0</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>333.9</td><td>255.2</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>283.6</td><td>6.1</td><td>1,115.1</td><td>980.2</td><td>135.0</td><td>2,055.7</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>354.7</td><td>296.0</td><td>58.7</td><td>1,611.2</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>511.8</td><td>35.3</td><td>1,619.5</td><td>1,361.5</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>310.4</td><td>28.9</td><td>1.1</td><td>1,397.3</td><td>1,163.8</td><td>142.6</td><td>2,782.8</td><td>2,141.0</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>2,982.5</td><td>2,985.2</td><td>-2.7</td></tr><tr><td>1959....</td><td>1,216.9</td><td>528.0</td><td>688.7</td><td>368.8</td><td>296.2</td><td>72.6</td><td>2,224.4</td><td>1,821.5</td><td>362.9</td><td>3,810.1</td><td>2,685.7</td><td>1,124.4</td></tr><tr><td>1960....</td><td>1,729.6</td><td>1,603.0</td><td>126.6</td><td>442.4</td><td>392.3</td><td>50.1</td><td>1,376.5</td><td>1,774.8</td><td>201.7</td><td>4,148.5</td><td>3,770.1</td><td>378.4</td></tr><tr><td>1961-January.</td><td>72.9</td><td>96.2</td><td>-23.3</td><td>31.2</td><td>32.7</td><td>-1.5</td><td>218.7</td><td>186.7</td><td>32.0</td><td>322.8</td><td>315.5</td><td>7.3</td></tr><tr><td>February</td><td>322.5</td><td>69.4</td><td>253.1</td><td>11.4</td><td>35.5</td><td>-14.0</td><td>249.0</td><td>217.4</td><td>31.6</td><td>592.9</td><td>322.3</td><td>270.0</td></tr><tr><td>March....</td><td>62.6</td><td>86.4</td><td>-23.8</td><td>40.2</td><td>36.5</td><td>9.9</td><td>324.2</td><td>27.3</td><td>31.9</td><td>433.2</td><td>416.2</td><td>18.0</td></tr><tr><td>Apr....</td><td>90.7</td><td>100.8</td><td>-10.2</td><td>30.6</td><td>46.5</td><td>-15.9</td><td>317.4</td><td>261.7</td><td>55.7</td><td>438.7</td><td>409.0</td><td>29.6</td></tr><tr><td>May....</td><td>155.5</td><td>205.7</td><td>-50.2</td><td>28.1</td><td>41.2</td><td>-13.2</td><td>316.1</td><td>258.3</td><td>57.8</td><td>499.6</td><td>505.2</td><td>-5.6</td></tr><tr><td>June....</td><td>41.4</td><td>74.5</td><td>-33.1</td><td>33.0</td><td>39.5</td><td>-6.5</td><td>269.7</td><td>236.6</td><td>33.1</td><td>344.1</td><td>350.6</td><td>-6.5</td></tr><tr><td>July....</td><td>169.5</td><td>127.8</td><td>41.7</td><td>26.3</td><td>38.9</td><td>-12.6</td><td>167.2</td><td>172.6</td><td>-5.4</td><td>363.0</td><td>339.3</td><td>23.7</td></tr><tr><td>Aug....</td><td>340.4</td><td>177.4</td><td>163.0</td><td>20.9</td><td>30.8</td><td>-9.8</td><td>225.4</td><td>243.4</td><td>2.0</td><td>586.8</td><td>431.6</td><td>155.2</td></tr><tr><td>Sept p..</td><td>22.3</td><td>25.9</td><td>-3.6</td><td>15.4</td><td>29.9</td><td>-14.8</td><td>200.8</td><td>185.7</td><td>15.1</td><td>238.2</td><td>241.5</td><td>-3.3</td></tr><tr><td>Oct. p..</td><td>120.1</td><td>55.5</td><td>64.6</td><td>15.6</td><td>3.3</td><td>-14.8</td><td>228.3</td><td>194.9</td><td>28.4</td><td>364.0</td><td>285.8</td><td>78.2</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 bonds is not available for earlier years. p Preliminary.
December 1961
75
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>1935-41</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>1942</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>1943</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>469.6</td><td>391.9</td><td>77.7</td></tr><tr><td>1944</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>1945</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>1946</td><td>755.9</td><td>490.4</td><td>265.5</td><td>65.2</td><td>65.6</td><td>-4</td><td>821.2</td><td>556.1</td><td>265.1</td></tr><tr><td>1947</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>1948</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>1949</td><td>321.2</td><td>311.5</td><td>9.8</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>1950</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>1951</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>1952</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>1953</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>1954</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>1955</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>1956</td><td>606.5</td><td>991.5</td><td>-385.0</td><td>749.2</td><td>875.2</td><td>-126.1</td><td>1,355.7</td><td>1,866.8</td><td>-511.1</td></tr><tr><td>1957</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>1958</td><td>889.0</td><td>1,915.1</td><td>-1,026.1</td><td>467.2</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>1959</td><td>945.6</td><td>1,457.6</td><td>-512.0</td><td>566.1</td><td>803.8</td><td>-237.7</td><td>1,511.7</td><td>2,261.5</td><td>-749.7</td></tr><tr><td>1960</td><td>882.9</td><td>1,445.0</td><td>-562.1</td><td>509.1</td><td>591.7</td><td>-82.6</td><td>1,392.0</td><td>2,036.7</td><td>-644.7</td></tr><tr><td>1961-January</td><td>54.0</td><td>97.8</td><td>-43.8</td><td>53.1</td><td>51.5</td><td>1.6</td><td>107.1</td><td>149.3</td><td>-42.2</td></tr><tr><td>February</td><td>45.6</td><td>73.9</td><td>-28.3</td><td>38.5</td><td>63.0</td><td>-24.5</td><td>84.1</td><td>136.8</td><td>-52.8</td></tr><tr><td>March</td><td>42.8</td><td>90.8</td><td>-48.0</td><td>58.1</td><td>91.1</td><td>-33.0</td><td>100.9</td><td>181.9</td><td>-81.0</td></tr><tr><td>April</td><td>43.6</td><td>97.2</td><td>-53.5</td><td>50.2</td><td>96.3</td><td>-46.1</td><td>93.8</td><td>193.5</td><td>-99.7</td></tr><tr><td>May</td><td>58.7</td><td>123.5</td><td>-64.8</td><td>56.9</td><td>95.6</td><td>-38.7</td><td>115.6</td><td>219.1</td><td>-103.6</td></tr><tr><td>June</td><td>59.7</td><td>87.0</td><td>-27.3</td><td>53.5</td><td>72.3</td><td>-18.9</td><td>113.1</td><td>159.3</td><td>-46.2</td></tr><tr><td>July</td><td>50.2</td><td>116.6</td><td>-66.4</td><td>35.2</td><td>55.1</td><td>-19.9</td><td>85.4</td><td>171.7</td><td>-86.4</td></tr><tr><td>August</td><td>37.4</td><td>36.1</td><td>1.3</td><td>40.5</td><td>64.5</td><td>-24.0</td><td>77.9</td><td>100.6</td><td>-22.7</td></tr><tr><td>September p.</td><td>222.6</td><td>227.9</td><td>-5.3</td><td>41.2</td><td>58.1</td><td>-16.9</td><td>263.8</td><td>286.0</td><td>-22.2</td></tr><tr><td>October p.</td><td>51.5</td><td>77.2</td><td>-25.6</td><td>52.6</td><td>74.2</td><td>-21.6</td><td>104.1</td><td>151.3</td><td>-47.2</td></tr></table>
n.a. Not available. p Preliminary.
76
Treasury Bulletin
CAPITAL MOVEMENTS
Section II - Summary by Countries
Table 1.- Short-Term Banking Liabilities to Foreigners 1/
(Position at end of period in millions of dollars)
<table><tr><th>Country</th><th>1957</th><th>1958</th><th>1959</th><th>1960</th><th>April</th><th>May</th><th>June</th><th>July</th><th>August</th><th>September</th><th>October</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>348.9</td><td>411.2</td><td>331.4</td><td>243.1</td><td>193.6</td><td>189.4</td><td>186.8</td><td>194.8</td><td>211.6</td><td>226.1</td><td>228.6</td></tr><tr><td>Belgium</td><td>130.2</td><td>115.1</td><td>138.1</td><td>142.0</td><td>183.2</td><td>219.7</td><td>233.2</td><td>310.1</td><td>300.1</td><td>312.5</td><td>312.1</td></tr><tr><td>Czechoslovakia</td><td>.7</td><td>.6</td><td>.7</td><td>1.0</td><td>1.1</td><td>1.0</td><td>.9</td><td>1.0</td><td>1.0</td><td>1.0</td><td>.9</td></tr><tr><td>Denmark</td><td>112.5</td><td>168.8</td><td>136.5</td><td>54.2</td><td>57.2</td><td>47.4</td><td>50.1</td><td>35.6</td><td>38.3</td><td>48.2</td><td>55.8</td></tr><tr><td>Finland</td><td>64.5</td><td>68.8</td><td>70.9</td><td>46.0</td><td>44.4</td><td>51.0</td><td>67.1</td><td>77.0</td><td>86.8</td><td>88.7</td><td>91.6</td></tr><tr><td>France</td><td>353.7</td><td>532.1</td><td>655.3</td><td>519.0</td><td>632.8</td><td>722.9</td><td>842.1</td><td>1,011.6</td><td>871.4</td><td>889.5</td><td>887.8</td></tr><tr><td>Germany, Federal Republic of</td><td>1,557.2</td><td>1,754.7</td><td>1,987.3</td><td>3,475.7</td><td>3,184.2</td><td>3,085.8</td><td>3,074.9</td><td>2,969.5</td><td>2,791.0</td><td>2,756.2</td><td>2,543.5</td></tr><tr><td>Greece</td><td>153.5</td><td>126.3</td><td>186.3</td><td>63.1</td><td>68.4</td><td>61.8</td><td>58.9</td><td>58.7</td><td>54.8</td><td>43.2</td><td>43.3</td></tr><tr><td>Italy</td><td>1,078.6</td><td>1,10.8</td><td>1,370.3</td><td>877.1</td><td>822.6</td><td>857.8</td><td>924.9</td><td>1,008.4</td><td>1,098.1</td><td>1,151.4</td><td>1,190.6</td></tr><tr><td>Netherlands</td><td>202.5</td><td>338.7</td><td>485.2</td><td>328.5</td><td>264.7</td><td>250.0</td><td>270.8</td><td>252.4</td><td>199.6</td><td>223.2</td><td>227.1</td></tr><tr><td>Norway</td><td>93.4</td><td>129.6</td><td>95.5</td><td>81.2</td><td>83.5</td><td>97.5</td><td>100.9</td><td>100.7</td><td>104.6</td><td>104.6</td><td>109.7</td></tr><tr><td>Poland</td><td>3.2</td><td>4.9</td><td>4.0</td><td>6.1</td><td>4.9</td><td>7.6</td><td>6.1</td><td>7.1</td><td>8.3</td><td>6.8</td><td>7.2</td></tr><tr><td>Portugal</td><td>142.1</td><td>163.0</td><td>137.5</td><td>83.6</td><td>80.3</td><td>81.9</td><td>73.1</td><td>79.9</td><td>83.6</td><td>85.9</td><td>88.1</td></tr><tr><td>Romania</td><td>.8</td><td>.9</td><td>.9</td><td>1.1</td><td>1.2</td><td>1.1</td><td>1.2</td><td>1.2</td><td>1.4</td><td>.9</td><td>1.2</td></tr><tr><td>Spain</td><td>24.3</td><td>36.2</td><td>86.1</td><td>148.5</td><td>117.9</td><td>124.8</td><td>134.6</td><td>133.9</td><td>133.2</td><td>128.4</td><td>132.5</td></tr><tr><td>Sweden</td><td>260.3</td><td>303.4</td><td>212.5</td><td>226.6</td><td>282.1</td><td>338.5</td><td>404.0</td><td>422.9</td><td>387.4</td><td>386.2</td><td>391.5</td></tr><tr><td>Switzerland</td><td>967.0</td><td>851.3</td><td>969.3</td><td>678.2</td><td>538.1</td><td>522.5</td><td>578.9</td><td>551.9</td><td>661.1</td><td>705.2</td><td>689.0</td></tr><tr><td>Turkey</td><td>18.3</td><td>20.1</td><td>30.7</td><td>18.4</td><td>16.7</td><td>13.1</td><td>15.9</td><td>13.4</td><td>16.9</td><td>18.8</td><td>21.3</td></tr><tr><td>U.S.S.R.</td><td>.7</td><td>2.2</td><td>2.6</td><td>12.1</td><td>5.8</td><td>6.1</td><td>9.0</td><td>6.8</td><td>6.2</td><td>6.9</td><td>6.7</td></tr><tr><td>United Kingdom</td><td>1,275.4</td><td>872.9</td><td>989.6</td><td>1,667.3</td><td>1,618.8</td><td>1,642.2</td><td>1,708.6</td><td>1,690.9</td><td>2,430.7</td><td>2,620.5</td><td>2,672.6</td></tr><tr><td>Yugoslavia</td><td>10.6</td><td>7.5</td><td>6.2</td><td>10.0</td><td>10.3</td><td>7.2</td><td>9.0</td><td>7.0</td><td>7.8</td><td>8.5</td><td>7.6</td></tr><tr><td>Other Europe</td><td>343.7</td><td>676.1</td><td>575.7</td><td>362.3</td><td>356.6</td><td>376.4</td><td>396.6</td><td>365.7</td><td>365.0</td><td>416.8</td><td>405.6</td></tr><tr><td>Total Europe</td><td>7,141.8</td><td>7,707.9</td><td>8,472.6</td><td>9,045.0</td><td>8,568.4</td><td>8,705.9</td><td>9,147.6</td><td>9,300.6</td><td>9,858.9</td><td>10,229.4</td><td>10,114.6</td></tr><tr><td>Canada</td><td>1,623.0</td><td>2,019.2</td><td>2,198.0</td><td>2,438.8</td><td>2,436.8</td><td>2,620.2</td><td>2,658.8</td><td>2,712.3</td><td>2,701.0</td><td>2,647.5</td><td>2,905.6</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>136.8</td><td>149.8</td><td>336.8</td><td>315.0</td><td>325.8</td><td>307.7</td><td>282.8</td><td>277.6</td><td>275.3</td><td>252.5</td><td>245.8</td></tr><tr><td>Bolivia</td><td>26.3</td><td>22.2</td><td>24.4</td><td>23.1</td><td>21.2</td><td>21.0</td><td>21.3</td><td>23.2</td><td>23.5</td><td>22.7</td><td>22.9</td></tr><tr><td>Brazil</td><td>132.2</td><td>138.1</td><td>150.7</td><td>194.1</td><td>184.8</td><td>220.3</td><td>185.9</td><td>231.0</td><td>218.1</td><td>263.3</td><td>254.0</td></tr><tr><td>Chile</td><td>75.1</td><td>100.0</td><td>184.5</td><td>135.1</td><td>128.4</td><td>118.7</td><td>124.1</td><td>115.7</td><td>124.6</td><td>130.0</td><td>96.5</td></tr><tr><td>Colombia</td><td>152.9</td><td>168.8</td><td>216.8</td><td>158.3</td><td>149.5</td><td>132.3</td><td>119.2</td><td>150.0</td><td>133.9</td><td>136.7</td><td>136.8</td></tr><tr><td>Cuba</td><td>235.0</td><td>286.5</td><td>163.8</td><td>77.0</td><td>62.4</td><td>61.4</td><td>57.6</td><td>53.4</td><td>48.7</td><td>45.4</td><td>46.0</td></tr><tr><td>Dominican Republic</td><td>53.6</td><td>39.7</td><td>36.9</td><td>36.9</td><td>29.2</td><td>32.1</td><td>31.3</td><td>32.3</td><td>30.3</td><td>29.1</td><td>26.8</td></tr><tr><td>Guatemala</td><td>65.4</td><td>41.6</td><td>37.1</td><td>43.9</td><td>57.6</td><td>58.3</td><td>58.8</td><td>54.7</td><td>48.7</td><td>45.9</td><td>43.4</td></tr><tr><td>Mexico</td><td>386.3</td><td>418.2</td><td>442.4</td><td>397.3</td><td>358.1</td><td>332.2</td><td>332.7</td><td>338.9</td><td>430.4</td><td>413.3</td><td>403.3</td></tr><tr><td>Netherlands Antilles and Surinam</td><td>73.4</td><td>79.4</td><td>87.8</td><td>72.0</td><td>84.2</td><td>8.5</td><td>89.9</td><td>87.0</td><td>84.3</td><td>87.0</td><td>88.1</td></tr><tr><td>Panama, Republic of</td><td>136.0</td><td>146.3</td><td>129.2</td><td>123.0</td><td>88.8</td><td>79.8</td><td>77.7</td><td>77.3</td><td>77.8</td><td>74.3</td><td>84.3</td></tr><tr><td>Peru</td><td>59.9</td><td>77.1</td><td>82.2</td><td>72.2</td><td>66.0</td><td>64.0</td><td>70.5</td><td>82.6</td><td>86.5</td><td>75.6</td><td>7.1</td></tr><tr><td>El Salvador</td><td>27.2</td><td>26.2</td><td>28.0</td><td>24.3</td><td>28.6</td><td>28.3</td><td>26.7</td><td>31.1</td><td>26.9</td><td>14.9</td><td>28.1</td></tr><tr><td>Uruguay</td><td>55.1</td><td>82.4</td><td>61.5</td><td>51.3</td><td>49.3</td><td>46.5</td><td>50.3</td><td>49.5</td><td>51.6</td><td>48.9</td><td>50.3</td></tr><tr><td>Venezuela</td><td>835.3</td><td>494.1</td><td>276.9</td><td>398.2</td><td>458.2</td><td>454.6</td><td>428.1</td><td>438.6</td><td>366.6</td><td>447.9</td><td>403.1</td></tr><tr><td>Other Latin America</td><td>124.4</td><td>133.0</td><td>148.3</td><td>300.6</td><td>251.7</td><td>255.0</td><td>259.3</td><td>264.1</td><td>249.8</td><td>24.1</td><td>303.0</td></tr><tr><td>Total Latin America</td><td>2,575.1</td><td>2,403.4</td><td>2,407.5</td><td>2,422.4</td><td>2,343.6</td><td>2,294.4</td><td>2,216.1</td><td>2,307.1</td><td>2,277.0</td><td>2,357.1</td><td>2,307.6</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>30.3</td><td>36.0</td><td>35.8</td><td>34.8</td><td>34.4</td><td>34.6</td><td>35.4</td><td>35.1</td><td>34.9</td><td>34.8</td><td>34.7</td></tr><tr><td>Hong Kong</td><td>69.7</td><td>61.6</td><td>60.0</td><td>57.3</td><td>51.3</td><td>50.5</td><td>51.8</td><td>5.5</td><td>53.1</td><td>54.7</td><td>58.5</td></tr><tr><td>India</td><td>8.4</td><td>77.3</td><td>114.3</td><td>53.9</td><td>39.6</td><td>42.9</td><td>41.0</td><td>36.7</td><td>77.7</td><td>85.5</td><td>88.4</td></tr><tr><td>Indonesia</td><td>150.7</td><td>108.4</td><td>138.6</td><td>178.2</td><td>88.5</td><td>85.7</td><td>85.5</td><td>74.4</td><td>78.5</td><td>76.6</td><td>92.1</td></tr><tr><td>Iran</td><td>5.3</td><td>42.7</td><td>46.6</td><td>22.4</td><td>41.5</td><td>40.6</td><td>47.5</td><td>32.4</td><td>38.6</td><td>37.4</td><td>33.5</td></tr><tr><td>Israel</td><td>52.2</td><td>5.9</td><td>86.5</td><td>74.7</td><td>49.6</td><td>42.4</td><td>47.5</td><td>51.1</td><td>64.1</td><td>62.2</td><td>64.9</td></tr><tr><td>Japan</td><td>585.7</td><td>435.1</td><td>1,285.1</td><td>1,887.5</td><td>2,095.7</td><td>1,036.0</td><td>1,983.1</td><td>1,913.5</td><td>1,765.7</td><td>1,649.3</td><td>1,534.8</td></tr><tr><td>Korea, Republic of</td><td>117.0</td><td>145.5</td><td>147.6</td><td>152.2</td><td>153.6</td><td>162.8</td><td>167.5</td><td>177.7</td><td>186.3</td><td>193.7</td><td>195.1</td></tr><tr><td>Philippines</td><td>174.5</td><td>176.3</td><td>171.5</td><td>202.8</td><td>171.6</td><td>172.9</td><td>162.8</td><td>182.3</td><td>173.8</td><td>152.1</td><td>133.9</td></tr><tr><td>Taiwan</td><td>85.8</td><td>98.7</td><td>94.1</td><td>83.7</td><td>76.7</td><td>76.7</td><td>80.7</td><td>80.3</td><td>88.8</td><td>90.1</td><td>91.7</td></tr><tr><td>Thailand</td><td>156.5</td><td>133.3</td><td>141.2</td><td>185.8</td><td>215.2</td><td>223.3</td><td>227.5</td><td>231.4</td><td>236.6</td><td>239.6</td><td>240.4</td></tr><tr><td>Other Asia</td><td>380.2</td><td>334.6</td><td>458.3</td><td>179.5</td><td>180.7</td><td>208.5</td><td>202.4</td><td>223.2</td><td>232.6</td><td>224.0</td><td>238.8</td></tr><tr><td>Total Asia</td><td>1,946.3</td><td>2,205.3</td><td>2,779.6</td><td>3,112.9</td><td>3,198.2</td><td>3,177.1</td><td>3,132.6</td><td>3,090.9</td><td>3,030.8</td><td>2,900.0</td><td>2,806.8</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>84.8</td><td>78.9</td><td>110.5</td><td>88.1</td><td>123.8</td><td>75.7</td><td>83.3</td><td>80.9</td><td>79.2</td><td>86.5</td><td>81.8</td></tr><tr><td>Uruguay, Republic of the</td><td>39.3</td><td>29.8</td><td>31.3</td><td>31.9</td><td>31.5</td><td>22.3</td><td>29.6</td><td>29.5</td><td>27.4</td><td>2.7</td><td>39.2</td></tr><tr><td>South Africa</td><td>37.6</td><td>29.6</td><td>48.7</td><td>29.3</td><td>30.3</td><td>40.3</td><td>38.7</td><td>39.6</td><td>40.2</td><td>46.0</td><td>45.9</td></tr><tr><td>United Arab Republic (Egypt)</td><td>40.1</td><td>16.2</td><td>20.3</td><td>21.9</td><td>20.6</td><td>21.6</td><td>16.2</td><td>16.0</td><td>21.1</td><td>14.7</td><td>14.6</td></tr><tr><td>All other</td><td>153.0</td><td>124.9</td><td>162.1</td><td>181.1</td><td>186.7</td><td>192.2</td><td>199.0</td><td>196.2</td><td>180.7</td><td>184.8</td><td>192.3</td></tr><tr><td>Total other countries</td><td>354.7</td><td>279.3</td><td>372.9</td><td>352.2</td><td>393.0</td><td>352.2</td><td>366.9</td><td>362.1</td><td>348.5</td><td>374.8</td><td>381.8</td></tr><tr><td>International</td><td>1,517.3</td><td>1,544.0</td><td>3,158.1</td><td>3,954.9</td><td>3,917.5</td><td>3,919.8</td><td>3,969.6</td><td>3,983.3</td><td>3,604.1</td><td>3,634.3</td><td>3,714.7</td></tr><tr><td>Grand total</td><td>15,158.1</td><td>16,191.1</td><td>19,388.7</td><td>21,326.1</td><td>20,857.6</td><td>21,069.5</td><td>21,491.6</td><td>21,756.3</td><td>21,620.4</td><td>21,943.1</td><td>22,212.4</td></tr></table>
1. Liabilities to countries not regularly reported separately are pub-
lished annually in Section IV, Table
Preliminary
December 1961
77
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>1957</th><th>1958</th><th>1959</th><th>1960</th><th>April</th><th>May</th><th>June</th><th>July</th><th>August</th><th>September p</th><th>October 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>6.4</td><td>7.1</td><td>4.3</td><td>2.3</td><td>2.4</td><td>2.8</td><td>2.9</td><td>2.6</td><td>2.7</td><td>2.5</td><td>3.0</td></tr><tr><td>Belgium</td><td>24.5</td><td>64.6</td><td>56.3</td><td>65.1</td><td>56.4</td><td>57.8</td><td>43.0</td><td>43.2</td><td>12.5</td><td>10.4</td><td>11.4</td></tr><tr><td>Czechoslovakia</td><td>.1</td><td>.7</td><td>1.2</td><td>1.4</td><td>1.6</td><td>1.8</td><td>1.3</td><td>1.1</td><td>1.8</td><td>1.6</td><td>.5</td></tr><tr><td>Denmark</td><td>10.7</td><td>14.3</td><td>18.1</td><td>13.2</td><td>10.6</td><td>10.7</td><td>9.3</td><td>9.4</td><td>10.7</td><td>9.8</td><td>12.0</td></tr><tr><td>Finland</td><td>4.1</td><td>5.9</td><td>8.4</td><td>9.2</td><td>10.7</td><td>11.4</td><td>13.9</td><td>14.2</td><td>14.3</td><td>15.8</td><td>19.4</td></tr><tr><td>France</td><td>114.4</td><td>102.1</td><td>57.1</td><td>32.0</td><td>46.3r</td><td>43.7r</td><td>48.1r</td><td>50.2r</td><td>41.8</td><td>34.5</td><td>36.2</td></tr><tr><td>Germany, Federal Republic of</td><td>140.0</td><td>76.5</td><td>54.0</td><td>81.8</td><td>135.2</td><td>144.8</td><td>147.5</td><td>141.4</td><td>136.1</td><td>146.5</td><td>140.3</td></tr><tr><td>Greece</td><td>6.3</td><td>7.2</td><td>4.8</td><td>6.2</td><td>7.0</td><td>7.0</td><td>6.6</td><td>8.1</td><td>6.4</td><td>6.8</td><td>6.5</td></tr><tr><td>Italy</td><td>56.3</td><td>35.7</td><td>29.7</td><td>34.1</td><td>46.0</td><td>42.4</td><td>33.4</td><td>35.5</td><td>37.1</td><td>34.1</td><td>33.8</td></tr><tr><td>Netherlands</td><td>29.4</td><td>55.6</td><td>38.3</td><td>33.3</td><td>37.8</td><td>42.0</td><td>45.3</td><td>47.0</td><td>42.6</td><td>45.0</td><td>40.5</td></tr><tr><td>Norway</td><td>23.4</td><td>22.2</td><td>7.1</td><td>17.0</td><td>9.8</td><td>9.6</td><td>11.3</td><td>11.4</td><td>11.2</td><td>13.3</td><td>17.4</td></tr><tr><td>Poland</td><td>3.6</td><td>3.5</td><td>3.7</td><td>6.1</td><td>6.5</td><td>6.4</td><td>7.3</td><td>6.5</td><td>5.3</td><td>6.0</td><td>6.3</td></tr><tr><td>Portugal</td><td>2.0</td><td>2.1</td><td>2.1</td><td>3.9</td><td>2.5</td><td>2.5</td><td>2.8</td><td>1.9</td><td>2.3</td><td>1.9</td><td>3.5</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>8.1</td><td>29.7</td><td>8.4</td><td>7.6</td><td>7.0</td><td>7.9</td><td>10.9</td><td>7.8</td><td>6.8</td><td>7.1</td><td>6.4</td></tr><tr><td>Sweden</td><td>10.2</td><td>24.0</td><td>18.6</td><td>27.9</td><td>24.4</td><td>24.9</td><td>25.4</td><td>16.9</td><td>15.8</td><td>14.8</td><td>14.8</td></tr><tr><td>Switzerland</td><td>34.5</td><td>42.4</td><td>38.4</td><td>59.5</td><td>69.7</td><td>65.3</td><td>63.9</td><td>64.3</td><td>59.7</td><td>66.7</td><td>72.3</td></tr><tr><td>Turkey</td><td>76.2</td><td>72.5</td><td>47.3</td><td>48.8</td><td>23.9</td><td>14.9</td><td>24.3</td><td>12.9</td><td>21.9</td><td>31.2</td><td>22.6</td></tr><tr><td>U.S.S.R.</td><td>-</td><td>.1</td><td>-</td><td>*</td><td>*</td><td>.4</td><td>3.1</td><td>.2</td><td>.2</td><td>.2</td><td>.2</td></tr><tr><td>United Kingdom</td><td>97.5</td><td>123.9</td><td>120.7</td><td>245.3</td><td>173.2</td><td>171.4</td><td>164.9</td><td>187.4</td><td>133.8</td><td>183.0</td><td>169.5</td></tr><tr><td>Yugoslavia</td><td>.2</td><td>.9</td><td>2.9</td><td>11.1</td><td>15.8</td><td>15.7</td><td>16.1</td><td>14.9</td><td>13.6</td><td>8.4</td><td>8.3</td></tr><tr><td>Other Europe</td><td>5.8</td><td>5.2</td><td>12.7</td><td>10.9</td><td>10.8</td><td>12.2</td><td>9.8</td><td>10.9</td><td>9.8</td><td>11.6</td><td>10.5</td></tr><tr><td>Total Europe</td><td>653.6</td><td>695.9</td><td>534.0</td><td>716.7</td><td>697.5r</td><td>695.4r</td><td>690.9r</td><td>687.6r</td><td>586.2</td><td>651.0</td><td>635.9</td></tr><tr><td>Canada</td><td>154.1</td><td>242.5</td><td>272.3</td><td>421.1r</td><td>532.1r</td><td>519.9r</td><td>514.1r</td><td>492.0r</td><td>516.6</td><td>496.3</td><td>616.4</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>28.3</td><td>39.8</td><td>59.6</td><td>120.8</td><td>127.3</td><td>132.6</td><td>142.6</td><td>148.3</td><td>157.6</td><td>161.5</td><td>171.2</td></tr><tr><td>Bolivia</td><td>3.2</td><td>3.1</td><td>4.0</td><td>3.9</td><td>4.7</td><td>4.6</td><td>4.6</td><td>4.7</td><td>7.7</td><td>5.2</td><td>5.0</td></tr><tr><td>Brazil</td><td>99.5</td><td>147.5</td><td>117.1</td><td>225.4</td><td>213.0</td><td>202.3</td><td>182.2</td><td>160.0</td><td>147.4</td><td>179.9</td><td>234.7</td></tr><tr><td>Chile</td><td>32.6</td><td>52.1</td><td>59.3</td><td>72.7</td><td>117.8</td><td>110.9</td><td>114.4</td><td>120.2</td><td>118.7</td><td>116.6</td><td>115.7</td></tr><tr><td>Colombia</td><td>103.2</td><td>50.6</td><td>67.9</td><td>80.4</td><td>79.2</td><td>80.7</td><td>91.3</td><td>90.7</td><td>91.2</td><td>89.6</td><td>87.1</td></tr><tr><td>Cuba</td><td>113.1</td><td>166.1</td><td>115.1</td><td>25.5</td><td>20.6</td><td>20.3</td><td>20.2</td><td>19.5</td><td>20.2</td><td>19.5</td><td>18.9</td></tr><tr><td>Dominican Republic</td><td>14.7</td><td>19.1</td><td>28.9</td><td>15.8</td><td>12.8</td><td>14.2</td><td>13.1</td><td>11.8</td><td>12.6</td><td>12.2</td><td>12.5</td></tr><tr><td>Guatemala</td><td>7.8</td><td>11.8</td><td>10.2</td><td>13.7</td><td>12.1</td><td>14.0</td><td>12.9</td><td>14.0</td><td>16.6</td><td>15.9</td><td>17.1</td></tr><tr><td>Mexico</td><td>231.0</td><td>293.0</td><td>290.8</td><td>343.4</td><td>322.8</td><td>321.5</td><td>326.9</td><td>336.4</td><td>375.2</td><td>383.6</td><td>383.2</td></tr><tr><td>Netherlands Antilles and Surinam</td><td>2.3</td><td>5.9</td><td>4.0</td><td>8.5</td><td>5.2</td><td>6.7</td><td>6.3</td><td>7.9</td><td>8.1</td><td>6.1</td><td>7.8</td></tr><tr><td>Panama, Republic of</td><td>18.5</td><td>23.4</td><td>17.9</td><td>22.6</td><td>28.9</td><td>37.8</td><td>25.6</td><td>25.3</td><td>28.4</td><td>30.2</td><td>30.5</td></tr><tr><td>Peru</td><td>30.8</td><td>30.7</td><td>36.0</td><td>44.3</td><td>50.3</td><td>54.7</td><td>61.3</td><td>63.4</td><td>67.2</td><td>67.7</td><td>71.4</td></tr><tr><td>El Salvador</td><td>8.4</td><td>9.8</td><td>14.8</td><td>21.7</td><td>17.2</td><td>15.2</td><td>12.1</td><td>14.3</td><td>16.9</td><td>15.3</td><td>14.1</td></tr><tr><td>Uruguay</td><td>41.7</td><td>51.9</td><td>47.1</td><td>57.0</td><td>40.5</td><td>42.7</td><td>45.6</td><td>38.0</td><td>38.8</td><td>38.5</td><td>44.7</td></tr><tr><td>Venezuela</td><td>169.9</td><td>141.7</td><td>246.7</td><td>234.5</td><td>280.8</td><td>214.8</td><td>120.7</td><td>119.0</td><td>120.9</td><td>137.2</td><td>130.1</td></tr><tr><td>Other Latin America</td><td>51.0</td><td>52.9</td><td>56.7</td><td>65.5</td><td>61.2</td><td>62.7</td><td>63.3</td><td>71.5</td><td>67.8</td><td>72.1</td><td>73.6</td></tr><tr><td>Total Latin America</td><td>955.8</td><td>1,099.3</td><td>1,176.1</td><td>1,355.6</td><td>1,394.4</td><td>1,335.9</td><td>1,243.2</td><td>1,245.0</td><td>1,295.3</td><td>1,351.0</td><td>1,417.5</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>2.5</td><td>2.5</td><td>2.5</td><td>1.7</td><td>1.7</td><td>1.7</td><td>1.7</td><td>1.7</td><td>1.7</td><td>1.7</td><td>1.7</td></tr><tr><td>Hong Kong</td><td>6.9</td><td>5.5</td><td>10.4</td><td>9.3</td><td>10.5</td><td>9.8</td><td>9.4</td><td>9.2</td><td>9.9</td><td>10.4</td><td>8.8</td></tr><tr><td>India</td><td>5.6</td><td>4.1</td><td>5.8</td><td>9.2</td><td>11.1</td><td>11.9</td><td>40.5</td><td>39.8</td><td>9.6</td><td>8.3</td><td>8.3</td></tr><tr><td>Indonesia</td><td>.2</td><td>.2</td><td>.3</td><td>.2</td><td>.4</td><td>.5</td><td>.3</td><td>.2</td><td>.2</td><td>.4</td><td>.3</td></tr><tr><td>Iran</td><td>21.7</td><td>27.3</td><td>29.4</td><td>32.9</td><td>52.2</td><td>47.3</td><td>47.2</td><td>36.4</td><td>35.7</td><td>34.7</td><td>32.9</td></tr><tr><td>Israel</td><td>23.6</td><td>23.3</td><td>14.3</td><td>23.9</td><td>29.5</td><td>32.8</td><td>32.6</td><td>33.9</td><td>30.7</td><td>30.6</td><td>33.8</td></tr><tr><td>Japan</td><td>145.6</td><td>178.6</td><td>323.7</td><td>805.9</td><td>1,159.2</td><td>1,196.1</td><td>1,272.4</td><td>1,340.6</td><td>1,334.9</td><td>1,288.0</td><td>1,281.2</td></tr><tr><td>Korea, Republic of</td><td>1.6</td><td>1.3</td><td>1.2</td><td>2.1</td><td>2.5</td><td>3.1</td><td>2.8</td><td>2.8</td><td>3.7</td><td>3.3</td><td>3.4</td></tr><tr><td>Philippines</td><td>52.9</td><td>66.8</td><td>23.9</td><td>18.6</td><td>23.1</td><td>26.1</td><td>23.6</td><td>42.1</td><td>36.9</td><td>38.4</td><td>58.4</td></tr><tr><td>Taiwan</td><td>5.7</td><td>6.1</td><td>9.0</td><td>7.3</td><td>11.2</td><td>13.8</td><td>15.4</td><td>13.4</td><td>11.7</td><td>10.1</td><td>11.2</td></tr><tr><td>Thailand</td><td>13.7</td><td>12.8</td><td>14.7</td><td>24.0</td><td>22.6</td><td>25.2</td><td>26.5</td><td>29.7</td><td>28.9</td><td>31.6</td><td>28.3</td></tr><tr><td>Other Asia</td><td>106.1</td><td>106.5</td><td>150.7</td><td>117.1</td><td>125.5</td><td>128.8</td><td>125.8</td><td>124.5</td><td>122.2</td><td>120.8</td><td>125.5</td></tr><tr><td>Total Asia</td><td>386.1</td><td>435.1</td><td>585.8</td><td>1,052.2</td><td>1,449.6</td><td>1,497.3</td><td>1,598.2</td><td>1,674.3</td><td>1,625.9</td><td>1,578.3</td><td>1,593.8</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>12.7</td><td>12.8</td><td>17.6</td><td>27.6</td><td>26.8</td><td>25.3</td><td>25.3</td><td>25.9</td><td>32.4</td><td>26.7</td><td>27.1</td></tr><tr><td>Congo, Republic of the</td><td>5.1r</td><td>3.7</td><td>3.1</td><td>2.5</td><td>4.2</td><td>3.4</td><td>3.3</td><td>1.5</td><td>3.5</td><td>3.5</td><td>2.6</td></tr><tr><td>South Africa</td><td>12.0</td><td>21.1</td><td>11.8</td><td>11.0</td><td>13.1</td><td>12.5</td><td>14.8</td><td>24.3</td><td>24.2</td><td>19.1</td><td>15.3</td></tr><tr><td>United Arab Republic (Egypt)</td><td>1.0</td><td>2.5</td><td>2.0</td><td>3.2</td><td>8.5</td><td>9.7</td><td>10.2</td><td>13.4</td><td>13.5</td><td>12.8</td><td>12.3</td></tr><tr><td>All other</td><td>18.9</td><td>29.1</td><td>21.3</td><td>24.2</td><td>23.8</td><td>24.1</td><td>22.6</td><td>22.7</td><td>24.6</td><td>26.1</td><td>30.7</td></tr><tr><td>Total other countries</td><td>49.7</td><td>69.2</td><td>55.8</td><td>68.5</td><td>76.3</td><td>75.1</td><td>76.2</td><td>89.8</td><td>98.2</td><td>88.3</td><td>97.0</td></tr><tr><td>International</td><td>*</td><td>-</td><td>-</td><td>-</td><td>-</td><td>.1</td><td>.1</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Grand total</td><td>2,199.4</td><td>2,542.0</td><td>2,624.0</td><td>3,614.2r</td><td>4,149.9r</td><td>4,123.7r</td><td>4,122.8r</td><td>4,188.7r</td><td>4,122.1</td><td>4,164.9</td><td>4,353.7</td></tr></table>
1/ Excludes convertible currencies held by U. S. monetary authorities.
* Less than $50,000. p Preliminary. r Revised.
78
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>1957</th><th>1958</th><th>1959</th><th>1960</th><th>April</th><th>May</th><th>June</th><th>July</th><th>August</th><th>September p</th><th>October 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>-6</td><td>-1,018</td><td>70</td><td>-4</td><td>44</td><td>14</td><td>153</td><td>30</td><td>-35</td><td>87</td><td>20</td></tr><tr><td>Belgium</td><td>9,886</td><td>-4,795</td><td>5,897</td><td>4,661</td><td>-1,045</td><td>258</td><td>-274</td><td>-1,664</td><td>-1,723</td><td>791</td><td>-187</td></tr><tr><td>Czechoslovakia</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Denmark</td><td>-702</td><td>678</td><td>57,037</td><td>-34,480</td><td>-27</td><td>242</td><td>108</td><td>-719</td><td>-124</td><td>-143</td><td>-97</td></tr><tr><td>Finland</td><td>-37</td><td>-4,476</td><td>200</td><td>-236</td><td>-</td><td>1,916</td><td>-1</td><td>-</td><td>-279</td><td>-</td><td>-</td></tr><tr><td>France</td><td>9,543</td><td>5,235</td><td>62,303</td><td>20,039</td><td>-298</td><td>4,385</td><td>-1,176</td><td>-604</td><td>-128</td><td>1,693</td><td>2,300</td></tr><tr><td>Germany, Federal Republic of</td><td>3,012</td><td>1,337</td><td>22,749</td><td>19,345</td><td>123</td><td>1,649</td><td>3,465</td><td>1,561</td><td>153</td><td>3,872</td><td>588</td></tr><tr><td>Greece</td><td>61</td><td>-5,715</td><td>276</td><td>-248</td><td>-69</td><td>-94</td><td>135</td><td>-101</td><td>-87</td><td>-294</td><td>-33</td></tr><tr><td>Italy</td><td>672</td><td>1,871</td><td>6,937</td><td>28,099</td><td>752</td><td>4,599</td><td>-1,761</td><td>-3,327</td><td>-260</td><td>50</td><td>1,072</td></tr><tr><td>Netherlands</td><td>39,416</td><td>-7,645</td><td>38,327</td><td>-3,348</td><td>3,382</td><td>5,137</td><td>2,557</td><td>-1,916</td><td>5,746</td><td>1,916</td><td>1,365</td></tr><tr><td>Norway</td><td>19,046</td><td>18,303</td><td>24,196</td><td>1,156</td><td>-3,615</td><td>1,599</td><td>-11,210</td><td>2,351</td><td>851</td><td>-7,601</td><td>-1,970</td></tr><tr><td>Poland</td><td>37</td><td>-26</td><td>-9</td><td>-2</td><td>-</td><td>-21</td><td>6</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Portugal</td><td>4,494</td><td>2,109</td><td>2,415</td><td>10,655</td><td>-18</td><td>1,106</td><td>478</td><td>605</td><td>1,080</td><td>56</td><td>689</td></tr><tr><td>Rumania</td><td>-14</td><td>-</td><td>-17</td><td>4</td><td>-</td><td>-</td><td>-1</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Spain</td><td>-651</td><td>-2,249</td><td>-517</td><td>372</td><td>-48</td><td>654</td><td>192</td><td>107</td><td>-174</td><td>462</td><td>-6</td></tr><tr><td>Sweden</td><td>6,111</td><td>4,339</td><td>92,384</td><td>-23,252</td><td>-272</td><td>-754</td><td>-39,280</td><td>-197</td><td>19,989</td><td>334</td><td>-688</td></tr><tr><td>Switzerland</td><td>98,302</td><td>-32,303</td><td>265,643</td><td>139,149</td><td>21,130</td><td>26,799</td><td>17,069</td><td>-7,215</td><td>-7,462</td><td>2,444</td><td>23,496</td></tr><tr><td>Turkey</td><td>79</td><td>36</td><td>392</td><td>145</td><td>-5</td><td>22</td><td>77</td><td>71</td><td>-29</td><td>24</td><td>8</td></tr><tr><td>U.S.S.R.</td><td>-</td><td>-</td><td>-</td><td>3</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>United Kingdom</td><td>79,027</td><td>-12,228</td><td>143,358</td><td>41,367</td><td>18,718</td><td>-29,798</td><td>18,299</td><td>38,090</td><td>16,332</td><td>-2,943</td><td>-37,936</td></tr><tr><td>Yugoslavia</td><td>-165</td><td>-26</td><td>-2</td><td>-13</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2</td><td>-</td></tr><tr><td>Other Europe</td><td>23,161</td><td>-3,624</td><td>23,644</td><td>-5,230</td><td>800</td><td>1,770</td><td>863</td><td>420</td><td>271</td><td>-294</td><td>603</td></tr><tr><td>Total Europe</td><td>291,273</td><td>-40,197</td><td>745,282</td><td>198,182</td><td>39,552</td><td>19,483</td><td>-10,301</td><td>27,492</td><td>34,121</td><td>-544</td><td>-10,776</td></tr><tr><td>Canada</td><td>-8,357</td><td>-202,213</td><td>80,696</td><td>-81,890</td><td>-7,160</td><td>-27,988</td><td>-7,617</td><td>-14,925</td><td>-16,312</td><td>-10,196</td><td>-5,891</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>1,255</td><td>281</td><td>3,385</td><td>-722</td><td>-339</td><td>-465</td><td>200</td><td>4</td><td>-134</td><td>351</td><td>175</td></tr><tr><td>Bolivia</td><td>-448</td><td>-333</td><td>169</td><td>113</td><td>33</td><td>-29</td><td>43</td><td>4</td><td>6</td><td>-11</td><td>22</td></tr><tr><td>Brazil</td><td>869</td><td>-623</td><td>2,147</td><td>2,594</td><td>675</td><td>1,403</td><td>1,210</td><td>570</td><td>-707</td><td>537</td><td>-153</td></tr><tr><td>Chile</td><td>963</td><td>-2,601</td><td>-497</td><td>1,762</td><td>48</td><td>-305</td><td>537</td><td>16</td><td>52</td><td>342</td><td>-4</td></tr><tr><td>Colombia</td><td>1,292</td><td>410</td><td>1,094</td><td>62</td><td>54</td><td>-34</td><td>191</td><td>-20</td><td>53</td><td>13</td><td>45</td></tr><tr><td>Cuba</td><td>-8,738</td><td>-68,517</td><td>-2,276</td><td>-43,437</td><td>-46</td><td>6</td><td>-130</td><td>208</td><td>25</td><td>32</td><td>-9</td></tr><tr><td>Dominican Republic</td><td>-20</td><td>232</td><td>379</td><td>1,249</td><td>62</td><td>379</td><td>116</td><td>191</td><td>-15</td><td>88</td><td>86</td></tr><tr><td>Guatemala</td><td>408</td><td>1,656</td><td>292</td><td>941</td><td>-1</td><td>47</td><td>87</td><td>125</td><td>235</td><td>23</td><td>-51</td></tr><tr><td>Mexico</td><td>2,028</td><td>2,561</td><td>1,321</td><td>-990</td><td>-176</td><td>219</td><td>-905</td><td>437</td><td>2,039</td><td>982</td><td>-231</td></tr><tr><td>Netherlands Antilles and Surinam</td><td>3,810</td><td>25,546</td><td>19,538</td><td>22,425</td><td>2,888</td><td>5,041</td><td>-42</td><td>1,000</td><td>-825</td><td>-570</td><td>-957</td></tr><tr><td>Panama, Republic of</td><td>524</td><td>-726</td><td>2,912</td><td>2,948</td><td>2,704</td><td>468</td><td>1,313</td><td>417</td><td>549</td><td>2,073</td><td>-1</td></tr><tr><td>Peru</td><td>257</td><td>-879</td><td>1,449</td><td>533</td><td>526</td><td>-53</td><td>267</td><td>186</td><td>-207</td><td>147</td><td>183</td></tr><tr><td>El Salvador</td><td>124</td><td>-181</td><td>-256</td><td>-265</td><td>18</td><td>18</td><td>-4</td><td>2</td><td>-3</td><td>-</td><td>2</td></tr><tr><td>Uruguay</td><td>4,185</td><td>-2,533</td><td>9,514</td><td>-888</td><td>271</td><td>1,788</td><td>704</td><td>-229</td><td>-782</td><td>53</td><td>-380</td></tr><tr><td>Venezuela</td><td>1,483</td><td>-1,210</td><td>8,841</td><td>4,071</td><td>1,434</td><td>713</td><td>535</td><td>220</td><td>702</td><td>595</td><td>1,036</td></tr><tr><td>Other Latin America</td><td>125</td><td>917</td><td>-1,227</td><td>-506</td><td>19,701</td><td>95</td><td>8,717</td><td>35</td><td>21,656</td><td>565</td><td>93,715</td></tr><tr><td>Total Latin America</td><td>8,117</td><td>-46,000</td><td>46,785</td><td>-10,110</td><td>27,852</td><td>9,291</td><td>12,839</td><td>3,166</td><td>22,644</td><td>5,220</td><td>93,478</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>219</td><td>-403</td><td>-2</td><td>43</td><td>-31</td><td>-29</td><td>10</td><td>-17</td><td>28</td><td>6</td><td>-11</td></tr><tr><td>Hong Kong</td><td>-2,335</td><td>4,231</td><td>18,454</td><td>9,791</td><td>6,691</td><td>2,495</td><td>-519</td><td>3,111</td><td>1,855</td><td>329</td><td>913</td></tr><tr><td>India</td><td>-453</td><td>-1,389</td><td>1,044</td><td>39,839</td><td>3,013</td><td>1,030</td><td>-3,992</td><td>2,955</td><td>-2,969</td><td>-36</td><td>21</td></tr><tr><td>Indonesia</td><td>85</td><td>58</td><td>1,156</td><td>-1,032</td><td>-9</td><td>10</td><td>39</td><td>29</td><td>25</td><td>-39</td><td>-15</td></tr><tr><td>Iran</td><td>94</td><td>174</td><td>186</td><td>215</td><td>-72</td><td>65</td><td>-35</td><td>40</td><td>7</td><td>1</td><td>17</td></tr><tr><td>Israel</td><td>-181</td><td>91</td><td>1,281</td><td>-74</td><td>-276</td><td>-29</td><td>107</td><td>47</td><td>-55</td><td>26</td><td>502</td></tr><tr><td>Japan</td><td>-1,694</td><td>-572</td><td>981</td><td>558</td><td>-15</td><td>-61</td><td>59</td><td>33</td><td>17</td><td>-27</td><td>-52</td></tr><tr><td>Korea, Republic of</td><td>2</td><td>-2</td><td>22</td><td>9</td><td>-1</td><td>14</td><td>15</td><td>18</td><td>-5</td><td>2</td><td>1</td></tr><tr><td>Philippines</td><td>-756</td><td>-1,993</td><td>505</td><td>-1,347</td><td>-109</td><td>83</td><td>24</td><td>92</td><td>-14</td><td>201</td><td>17</td></tr><tr><td>Taiwan</td><td>-493</td><td>-1,091</td><td>-1,357</td><td>-1,504</td><td>-30</td><td>78</td><td>-65</td><td>5</td><td>-56</td><td>-201</td><td>-5</td></tr><tr><td>Thailand</td><td>545</td><td>58</td><td>-369</td><td>99</td><td>4</td><td>-22</td><td>53</td><td>13</td><td>-</td><td>49</td><td>-12</td></tr><tr><td>Other Asia</td><td>9,577</td><td>3,542</td><td>23,832</td><td>536</td><td>798</td><td>666</td><td>565</td><td>357</td><td>15</td><td>368</td><td>269</td></tr><tr><td>Total Asia</td><td>4,610</td><td>2,704</td><td>45,733</td><td>47,133</td><td>9,964</td><td>4,300</td><td>-3,739</td><td>6,683</td><td>-1,152</td><td>679</td><td>1,645</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>-174</td><td>150</td><td>-323</td><td>-648</td><td>153</td><td>1</td><td>-23</td><td>48</td><td>26</td><td>-97</td><td>448</td></tr><tr><td>Congo, Republic of the</td><td>60</td><td>-48</td><td>45</td><td>62</td><td>-</td><td>4</td><td>3</td><td>-</td><td>-</td><td>-</td><td>8</td></tr><tr><td>South Africa</td><td>441</td><td>129</td><td>187</td><td>769</td><td>-36</td><td>15</td><td>33</td><td>3</td><td>-2</td><td>-59</td><td>17</td></tr><tr><td>United Arab Republic (Egypt)</td><td>77</td><td>105</td><td>44</td><td>-192</td><td>-3</td><td>1</td><td>6</td><td>-15</td><td>-</td><td>-</td><td>3</td></tr><tr><td>All other</td><td>3,149</td><td>-786</td><td>18,881</td><td>-13,331</td><td>435</td><td>-809</td><td>352</td><td>93</td><td>-11</td><td>451</td><td>73</td></tr><tr><td>Total other countries</td><td>3,553</td><td>-450</td><td>18,834</td><td>-13,339</td><td>549</td><td>-788</td><td>371</td><td>129</td><td>13</td><td>295</td><td>549</td></tr><tr><td>International</td><td>-157,420</td><td>283,453</td><td>187,023</td><td>238,440</td><td>-41,112</td><td>-9,853</td><td>1,946</td><td>1,167</td><td>115,876</td><td>1,218</td><td>-818</td></tr><tr><td>Grand total</td><td>141,776</td><td>-2,703</td><td>1,124,353</td><td>378,416</td><td>29,645</td><td>-5,555</td><td>-6,501</td><td>23,712</td><td>155,190</td><td>-3,328</td><td>78,187</td></tr></table>
p Preliminary.
December 1961
79
CAPITAL MOVEMENTS
Section II - Summary by Countries
Table 4.- Net Transactions in Long-Term Foreign 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="7">1961</th></tr><tr><th></th><th>1957</th><th>1958</th><th>1959</th><th>1960</th><th>April</th><th>May</th><th>June</th><th>July</th><th>August</th><th>September p</th><th>October 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>2,402</td><td>-18,018</td><td>-137</td><td>197</td><td>-</td><td>15</td><td>-2</td><td>9</td><td>94</td><td>1,501</td><td>12</td></tr><tr><td>Belgium</td><td>602</td><td>21,299</td><td>7,500</td><td>14,385</td><td>-637</td><td>442</td><td>541</td><td>456</td><td>-1,110</td><td>-1,182</td><td>-1,044</td></tr><tr><td>Czechoslovakia</td><td>-</td><td>-3</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-587</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Denmark</td><td>3,387</td><td>3,256</td><td>-13,630</td><td>177</td><td>-2,820</td><td>339</td><td>8</td><td>-21</td><td>121</td><td>-22</td><td>-6</td></tr><tr><td>Finland</td><td>288</td><td>5,102</td><td>5,021</td><td>3,282</td><td>-411</td><td>2</td><td>-</td><td>-</td><td>-</td><td>865</td><td>5</td></tr><tr><td>France</td><td>17,602</td><td>18,912</td><td>-93,465</td><td>10,325</td><td>-1,514</td><td>-3,790</td><td>-12,093</td><td>-923</td><td>-1,394</td><td>-1,731</td><td>2,967</td></tr><tr><td>Germany, Federal Republic of</td><td>203,837</td><td>99,082</td><td>47,539</td><td>-41,730</td><td>-3,836</td><td>-2,561</td><td>-1,167</td><td>10,357</td><td>-477</td><td>-10,151</td><td>-2,770</td></tr><tr><td>Greece</td><td>885</td><td>-912</td><td>-552</td><td>-1,564</td><td>-</td><td>-1</td><td>3</td><td>-44</td><td>-96</td><td>-69</td><td>-5</td></tr><tr><td>Italy</td><td>4,585</td><td>7,345</td><td>-35,375</td><td>26,968</td><td>-103</td><td>-682</td><td>1,595</td><td>-1,044</td><td>81</td><td>3,357</td><td>-188</td></tr><tr><td>Netherlands</td><td>-8,641</td><td>-234,089</td><td>-32,383</td><td>-87,643</td><td>-2,418</td><td>-3,539</td><td>2,297</td><td>-3,336</td><td>-3,296</td><td>-2,498</td><td>-5,777</td></tr><tr><td>Norway</td><td>9,005</td><td>-16,325</td><td>1,449</td><td>-6,819</td><td>1,768</td><td>-15,962</td><td>1,845</td><td>1,687</td><td>6%</td><td>2,530</td><td>330</td></tr><tr><td>Poland</td><td>-4</td><td>-7</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-7</td><td>-17</td><td>-51</td><td>154</td><td>-183</td></tr><tr><td>Portugal</td><td>358</td><td>3,513</td><td>407</td><td>414</td><td>178</td><td>62</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Romania</td><td>-5</td><td>-57</td><td>-739</td><td>1,409</td><td>-243</td><td>-57</td><td>-48</td><td>-257</td><td>-812</td><td>3,733</td><td>94</td></tr><tr><td>Spain</td><td>66</td><td>-57</td><td>-739</td><td>1,409</td><td>-243</td><td>-57</td><td>-48</td><td>-257</td><td>-812</td><td>3,733</td><td>94</td></tr><tr><td>Sweden</td><td>519</td><td>691</td><td>-10,643</td><td>5,271</td><td>6</td><td>-630</td><td>-363</td><td>-260</td><td>-152</td><td>232</td><td>-308</td></tr><tr><td>Switzerland</td><td>27,904</td><td>92,200</td><td>51,384</td><td>-5,871</td><td>-2,503</td><td>344</td><td>-1,607</td><td>208</td><td>-2,028</td><td>-3,661</td><td>2,292</td></tr><tr><td>Turkey</td><td>17</td><td>-16</td><td>336</td><td>102</td><td>13</td><td>-22</td><td>3</td><td>2</td><td>-120</td><td>-</td><td>1</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>3,909</td><td>-27,801</td><td>17,726</td><td>-1,384</td><td>670</td><td>-1,675</td><td>-2,463</td><td>511</td><td>-1,664</td><td>-1,794</td><td>-5,991</td></tr><tr><td>Yugoslavia</td><td>35</td><td>24</td><td>500</td><td>500</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-500</td><td>-</td></tr><tr><td>Other Europe</td><td>-35,745</td><td>-26,268</td><td>5,348</td><td>-35,339</td><td>3,296</td><td>1,774</td><td>-5,019</td><td>4,571</td><td>7</td><td>4,118</td><td>-2,225</td></tr><tr><td>Total Europe</td><td>231,066</td><td>-72,072</td><td>-49,714</td><td>-117,320</td><td>-8,554</td><td>-25,941</td><td>-17,003</td><td>11,899</td><td>-10,216</td><td>-5,118</td><td>-13,123</td></tr><tr><td>Canada</td><td>-552,227</td><td>-543,274</td><td>-443,009</td><td>-195,849</td><td>-55,097</td><td>-49,731</td><td>-23,475</td><td>-66,298</td><td>-16,878</td><td>5,640</td><td>-5,800</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>-370</td><td>-442</td><td>-92</td><td>3,154</td><td>132</td><td>15</td><td>-315</td><td>-154</td><td>-148</td><td>3,806</td><td>-125</td></tr><tr><td>Bolivia</td><td>292</td><td>69</td><td>24</td><td>47</td><td>-10</td><td>2</td><td>-</td><td>-</td><td>-35</td><td>180</td><td>-</td></tr><tr><td>Brazil</td><td>8,697</td><td>4,979</td><td>7,804</td><td>5,864</td><td>649</td><td>-2,194</td><td>3,235</td><td>689</td><td>362</td><td>-35</td><td>693</td></tr><tr><td>Chile</td><td>913</td><td>812</td><td>2,291</td><td>631</td><td>163</td><td>74</td><td>-144</td><td>195</td><td>203</td><td>175</td><td>140</td></tr><tr><td>Colombia</td><td>3,339</td><td>2,421</td><td>2,437</td><td>4,168</td><td>16</td><td>-963</td><td>699</td><td>184</td><td>52</td><td>-1,104</td><td>-183</td></tr><tr><td>Cuba</td><td>806</td><td>-152</td><td>-588</td><td>-5,551</td><td>33</td><td>3</td><td>-5</td><td>-14</td><td>-</td><td>1</td><td>-</td></tr><tr><td>Dominican Republic</td><td>-350</td><td>-80</td><td>12</td><td>614</td><td>76</td><td>16</td><td>-</td><td>-</td><td>41</td><td>5</td><td>-14</td></tr><tr><td>Gustemala</td><td>-14</td><td>-60</td><td>21</td><td>2</td><td>-</td><td>-1</td><td>9</td><td>4</td><td>11</td><td>10</td><td>10</td></tr><tr><td>Mexico</td><td>13,488</td><td>17,000</td><td>507</td><td>-53,597</td><td>214</td><td>-673</td><td>-43</td><td>325</td><td>285</td><td>5,924</td><td>-1,115</td></tr><tr><td>Netherlands Antilles and Surinam</td><td>176</td><td>1,547</td><td>1,790</td><td>3,492</td><td>784</td><td>42</td><td>549</td><td>-356</td><td>-141</td><td>-2,894</td><td>827</td></tr><tr><td>Panama, Republic of</td><td>100</td><td>-13,669</td><td>-3,599</td><td>-34,435</td><td>146</td><td>1,647</td><td>-454</td><td>-317</td><td>-233</td><td>4</td><td>659</td></tr><tr><td>Peru</td><td>-2,310</td><td>-443</td><td>-134</td><td>-1,760</td><td>-41</td><td>-138</td><td>19</td><td>102</td><td>55</td><td>157</td><td>100</td></tr><tr><td>El Salvador</td><td>-72</td><td>-703</td><td>2,443</td><td>-1,080</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Uruguay</td><td>-1,642</td><td>3,532</td><td>1,913</td><td>-3,034</td><td>-80</td><td>-618</td><td>-813</td><td>-199</td><td>-290</td><td>-17</td><td>40</td></tr><tr><td>Venezuela</td><td>-8,045</td><td>253</td><td>1,321</td><td>688</td><td>309</td><td>-656</td><td>-210</td><td>-14</td><td>147</td><td>-2,692</td><td>80</td></tr><tr><td>Other Latin America</td><td>95</td><td>-10,266</td><td>-4,905</td><td>-26,634</td><td>-22,479</td><td>-2,100</td><td>595</td><td>56</td><td>272</td><td>-926</td><td>-20</td></tr><tr><td>Total Latin America</td><td>15,109</td><td>4,858</td><td>11,245</td><td>-107,431</td><td>-20,088</td><td>-5,544</td><td>3,122</td><td>501</td><td>581</td><td>2,394</td><td>1,008</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>-103</td><td>8</td><td>59</td><td>-52</td><td>-149</td><td>70</td><td>-118</td><td>-627</td><td>51</td><td>-361</td><td>-26</td></tr><tr><td>Hong Kong</td><td>14,490</td><td>28,118</td><td>15,283</td><td>1,513</td><td>-</td><td>-4</td><td>10</td><td>-</td><td>-</td><td>-</td><td>3</td></tr><tr><td>India</td><td>-</td><td>-50</td><td>151</td><td>-15</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-7</td><td>-</td></tr><tr><td>Indonesia</td><td>72</td><td>42</td><td>24</td><td>26</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Iran</td><td>-5</td><td>1,015</td><td>-30</td><td>-2,117</td><td>-3</td><td>-6</td><td>3</td><td>-</td><td>-</td><td>-1,957</td><td>-</td></tr><tr><td>Israel</td><td>-50,564</td><td>-40,677</td><td>-50,536</td><td>-48,113</td><td>-3,376</td><td>-3,537</td><td>-6,225</td><td>-3,820</td><td>-2,318</td><td>-1,126</td><td>-3,907</td></tr><tr><td>Japan</td><td>677</td><td>598</td><td>-32,736</td><td>763</td><td>-15,165</td><td>-18,935</td><td>15,958</td><td>-885</td><td>-397</td><td>-1,814</td><td>-20,99</td></tr><tr><td>Korea, Republic of</td><td>10</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>4</td></tr><tr><td>Philippines</td><td>659</td><td>-693</td><td>1,782</td><td>1,879</td><td>14</td><td>16</td><td>9</td><td>13</td><td>33</td><td>-7</td><td>3</td></tr><tr><td>Taiwan</td><td>-25</td><td>-52</td><td>-370</td><td>-3</td><td>-</td><td>-</td><td>-453</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Thailand</td><td>-525</td><td>-185</td><td>-955</td><td>553</td><td>1</td><td>1</td><td>-</td><td>3</td><td>-</td><td>350</td><td>-1</td></tr><tr><td>Other Asia</td><td>-9,874</td><td>-27,167</td><td>-29,326</td><td>4,939</td><td>-10</td><td>-6</td><td>33</td><td>16</td><td>22</td><td>-1,739</td><td>-72.8</td></tr><tr><td>Total Asia</td><td>-45,188</td><td>-44,843</td><td>-96,654</td><td>-40,627</td><td>-18,688</td><td>-22,401</td><td>9,217</td><td>-5,300</td><td>-2,609</td><td>-6,661</td><td>-29,141</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>6,051</td><td>-44,434</td><td>-18,166</td><td>-43,034</td><td>-358</td><td>-780</td><td>-2,056</td><td>-25,517</td><td>462</td><td>-4,521</td><td>117</td></tr><tr><td>Congo, Republic of the</td><td>283</td><td>-16,099</td><td>-6</td><td>-16</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-13</td><td>-16,938</td><td>463</td></tr><tr><td>South Africa</td><td>-633</td><td>-66,917</td><td>9,067</td><td>8,535</td><td>339</td><td>-402</td><td>-799</td><td>-4,441</td><td>3</td><td>-</td><td>-</td></tr><tr><td>United Arab Republic (Egypt)</td><td>-308</td><td>-</td><td>-356</td><td>-</td><td>-</td><td>-2</td><td>260</td><td>52</td><td>60</td><td>-8.0</td><td>-12</td></tr><tr><td>All other</td><td>1,221</td><td>-22,175</td><td>-5,554</td><td>-1,869</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total other countries</td><td>12,880</td><td>-149,625</td><td>-15,015</td><td>-36,444</td><td>-15</td><td>-1,180</td><td>-2,595</td><td>-29,905</td><td>512</td><td>-22,299</td><td>6.8</td></tr><tr><td>International</td><td>-383,783</td><td>-557,576</td><td>-156,583</td><td>-147,046</td><td>2,773</td><td>1,235</td><td>-15,387</td><td>2,753</td><td>5,923</td><td>3,797</td><td>-4,778</td></tr><tr><td>Grand total</td><td>-722,143</td><td>-1,362,532</td><td>-749,730</td><td>-644,717</td><td>-99,669</td><td>-103,562</td><td>-46,181</td><td>-86,350</td><td>-22,687</td><td>-2,247</td><td>-47,228</td></tr></table>
p Preliminary.
80
Treasury Bulletin
CAPITAL MOVEMENTS
Section iii - Preliminary Details by Countries
Table 1.- Short-Term Banking Liabilities To Foreigners as of October 31, 196
(Position in thousands of dollars)
<table><tr><th>Country</th><th>Total short-term liabilities</th><th colspan="4">To foreign banks and official institutions</th><th colspan="4">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><th></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>228,611</td><td>227,074</td><td>222,174</td><td>-</td><td>4,900</td><td>1,523</td><td>1,145</td><td>-</td><td>6,43</td><td>8</td></tr><tr><td>Belgium</td><td>312,114</td><td>271,517</td><td>261,926</td><td>190</td><td>9,401</td><td>40,340</td><td>33,401</td><td>336</td><td>6,43</td><td>257</td></tr><tr><td>Czechoslovakia</td><td>881</td><td>634</td><td>530</td><td>-</td><td>104</td><td>47</td><td>47</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Denmark</td><td>55,776</td><td>47,874</td><td>21,533</td><td>25,300</td><td>1,041</td><td>7,882</td><td>7,862</td><td>15</td><td>5</td><td>20</td></tr><tr><td>Finland</td><td>91,635</td><td>89,928</td><td>48,097</td><td>38,600</td><td>3,231</td><td>1,107</td><td>1,627</td><td>-</td><td>80</td><td>-</td></tr><tr><td>France</td><td>887,816</td><td>835,628</td><td>263,342</td><td>530,986</td><td>41,300</td><td>49,701</td><td>43,412</td><td>2,194</td><td>4,843</td><td>2,987</td></tr><tr><td>Germany, Federal Republic of</td><td>2,543,518</td><td>2,505,303</td><td>326,062</td><td>1,790,200</td><td>389,041</td><td>36,410</td><td>30,777</td><td>1,208</td><td>4,445</td><td>1,807</td></tr><tr><td>Greece</td><td>43,322</td><td>27,763</td><td>22,562</td><td>5,000</td><td>201</td><td>15,559</td><td>15,559</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Italy</td><td>1,190,836</td><td>1,164,817</td><td>150,525</td><td>830,890</td><td>183,402</td><td>25,891</td><td>22,419</td><td>3,035</td><td>437</td><td>128</td></tr><tr><td>Netherlands</td><td>227,121</td><td>198,736</td><td>115,078</td><td>73,725</td><td>9,933</td><td>27,532</td><td>23,211</td><td>1,821</td><td>2,442</td><td>823</td></tr><tr><td>Norway</td><td>109,729</td><td>78,692</td><td>61,468</td><td>14,000</td><td>3,224</td><td>30,954</td><td>30,076</td><td>288</td><td>604</td><td>83</td></tr><tr><td>Poland</td><td>7,210</td><td>6,751</td><td>6,104</td><td>-</td><td>647</td><td>459</td><td>477</td><td>2</td><td>-</td><td>-</td></tr><tr><td>Portugal</td><td>88,073</td><td>45,949</td><td>43,395</td><td>-</td><td>2,754</td><td>42,120</td><td>40,383</td><td>86</td><td>1,651</td><td>4</td></tr><tr><td>Romania</td><td>1,184</td><td>900</td><td>891</td><td>-</td><td>9</td><td>284</td><td>284</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Spain</td><td>132,506</td><td>108,622</td><td>107,555</td><td>-</td><td>1,067</td><td>23,822</td><td>21,080</td><td>32</td><td>2,710</td><td>62</td></tr><tr><td>Sweden</td><td>391,499</td><td>381,551</td><td>91,264</td><td>249,000</td><td>41,287</td><td>9,825</td><td>9,423</td><td>395</td><td>7</td><td>123</td></tr><tr><td>Switzerland</td><td>688,963</td><td>527,344</td><td>265,381</td><td>104,569</td><td>157,394</td><td>105,571</td><td>65,221</td><td>1,344</td><td>21,000</td><td>56,048</td></tr><tr><td>Turkey</td><td>21,344</td><td>19,716</td><td>19,467</td><td>-</td><td>249</td><td>1,608</td><td>1,608</td><td>-</td><td>-</td><td>-</td></tr><tr><td>U.S.S.R.</td><td>6,727</td><td>6,436</td><td>6,338</td><td>-</td><td>98</td><td>291</td><td>291</td><td>-</td><td>-</td><td>-</td></tr><tr><td>United Kingdom</td><td>2,672,560</td><td>2,303,857</td><td>1,019,977</td><td>1,213,250</td><td>70,630</td><td>326,205</td><td>133,863</td><td>79,026</td><td>113,316</td><td>42,498</td></tr><tr><td>Yugoslavia</td><td>7,604</td><td>7,027</td><td>5,710</td><td>-</td><td>317</td><td>577</td><td>577</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other Europe</td><td>405,612</td><td>364,146</td><td>82,264</td><td>84,535</td><td>197,347</td><td>11,122</td><td>10,302</td><td>-</td><td>81</td><td>1,344</td></tr><tr><td>Total Europe</td><td>10,114,641</td><td>9,220,265</td><td>3,142,643</td><td>4,960,245</td><td>1,117,377</td><td>755,116</td><td>493,685</td><td>104,147</td><td>16,192</td><td>13,124</td></tr><tr><td>Canada</td><td>2,905,588</td><td>2,636,927</td><td>1,853,410</td><td>760,513</td><td>22,995</td><td>54,126</td><td>201,040</td><td>33,55</td><td>2,31</td><td>14,135</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>245,759</td><td>169,498</td><td>156,112</td><td>10,000</td><td>3,386</td><td>76,089</td><td>74,160</td><td>112</td><td>1,817</td><td>172</td></tr><tr><td>Bolivia</td><td>22,924</td><td>6,289</td><td>6,284</td><td>-</td><td>5</td><td>16,632</td><td>16,632</td><td>13</td><td>6,64</td><td>3</td></tr><tr><td>Brazil</td><td>253,974</td><td>116,993</td><td>111,767</td><td>75</td><td>5,141</td><td>136,933</td><td>136,111</td><td>3,3</td><td>6,503</td><td>2</td></tr><tr><td>Chile</td><td>96,457</td><td>51,927</td><td>51,397</td><td>-</td><td>540</td><td>44,19</td><td>43,992</td><td>114</td><td>4,13</td><td>11</td></tr><tr><td>Colombia</td><td>136,833</td><td>68,727</td><td>67,173</td><td>200</td><td>1,354</td><td>68,073</td><td>67,425</td><td>-</td><td>6,8</td><td>33</td></tr><tr><td>Cuba</td><td>45,978</td><td>2,063</td><td>2,063</td><td>-</td><td>43</td><td>4,914</td><td>4,349</td><td>-</td><td>331</td><td>-</td></tr><tr><td>Dominican Republic</td><td>26,808</td><td>9,128</td><td>9,085</td><td>-</td><td>43</td><td>17,680</td><td>17,423</td><td>2</td><td>225</td><td>-</td></tr><tr><td>Guatemala</td><td>43,244</td><td>26,288</td><td>19,820</td><td>-</td><td>6,468</td><td>17,156</td><td>17,128</td><td>62</td><td>73</td><td>-</td></tr><tr><td>Mexico</td><td>403,279</td><td>230,404</td><td>217,697</td><td>6,200</td><td>6,507</td><td>17,458</td><td>167,021</td><td>873</td><td>4,704</td><td>417</td></tr><tr><td>Netherlands Antilles & Surinam</td><td>88,111</td><td>50,742</td><td>34,357</td><td>5,386</td><td>10,999</td><td>37,342</td><td>36,121</td><td>1,613</td><td>2,614</td><td>27</td></tr><tr><td>Panama, Republic of</td><td>84,162</td><td>13,446</td><td>12,680</td><td>-</td><td>766</td><td>70,715</td><td>64,90</td><td>734</td><td>4,391</td><td>1</td></tr><tr><td>Peru</td><td>72,935</td><td>27,604</td><td>27,170</td><td>-</td><td>434</td><td>44,718</td><td>42,337</td><td>7</td><td>2,124</td><td>213</td></tr><tr><td>El Salvador</td><td>28,080</td><td>9,302</td><td>4,269</td><td>4,500</td><td>593</td><td>18,718</td><td>18,711</td><td>7</td><td>-</td><td>-</td></tr><tr><td>Uruguay</td><td>50,318</td><td>20,761</td><td>19,389</td><td>-</td><td>1,372</td><td>29,551</td><td>24,744</td><td>650</td><td>4,661</td><td>6</td></tr><tr><td>Venezuela</td><td>405,981</td><td>199,482</td><td>199,137</td><td>-</td><td>345</td><td>205,962</td><td>20,464</td><td>1,383</td><td>2,083</td><td>537</td></tr><tr><td>Other Latin America</td><td>302,990</td><td>193,051</td><td>127,715</td><td>44,251</td><td>21,085</td><td>107,599</td><td>97,678</td><td>4,340</td><td>5,581</td><td>2,340</td></tr><tr><td>Total Latin America</td><td>2,307,633</td><td>1,195,765</td><td>1,066,115</td><td>70,612</td><td>59,038</td><td>1,108,060</td><td>1,057,671</td><td>10,347</td><td>40,042</td><td>3,808</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>34,670</td><td>28,836</td><td>28,755</td><td>81</td><td>5,117</td><td>5,834</td><td>5,828</td><td>6</td><td>-</td><td>-</td></tr><tr><td>Hong Kong</td><td>58,504</td><td>32,115</td><td>26,998</td><td>-</td><td>-</td><td>26,349</td><td>25,324</td><td>60</td><td>465</td><td>40</td></tr><tr><td>India</td><td>88,378</td><td>81,595</td><td>29,884</td><td>46,100</td><td>5,611</td><td>5,077</td><td>4,775</td><td>-</td><td>302</td><td>1,700</td></tr><tr><td>Indonesia</td><td>92,080</td><td>89,525</td><td>65,767</td><td>22,730</td><td>1,028</td><td>2,555</td><td>2,555</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Iran</td><td>33,527</td><td>28,118</td><td>28,118</td><td>-</td><td>-</td><td>5,405</td><td>5,405</td><td>-</td><td>-</td><td>4</td></tr><tr><td>Israel</td><td>64,865</td><td>59,695</td><td>31,889</td><td>5,000</td><td>22,806</td><td>5,170</td><td>5,170</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Japan</td><td>1,534,756</td><td>1,515,067</td><td>1,100,622</td><td>327,910</td><td>86,535</td><td>19,474</td><td>18,900</td><td>180</td><td>304</td><td>215</td></tr><tr><td>Korea, Republic of</td><td>195,214</td><td>193,711</td><td>191,061</td><td>150</td><td>2,500</td><td>1,503</td><td>1,503</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Philippines</td><td>133,911</td><td>114,369</td><td>99,922</td><td>-</td><td>14,447</td><td>19,526</td><td>18,978</td><td>348</td><td>200</td><td>16</td></tr><tr><td>Taiwan</td><td>91,734</td><td>85,674</td><td>84,768</td><td>10</td><td>896</td><td>6,040</td><td>6,001</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Thailand</td><td>240,352</td><td>237,722</td><td>65,538</td><td>166,061</td><td>6,123</td><td>2,630</td><td>2,630</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other Asia</td><td>238,767</td><td>202,881</td><td>146,434</td><td>38,114</td><td>18,333</td><td>35,021</td><td>34,249</td><td>46</td><td>726</td><td>865</td></tr><tr><td>Total Asia</td><td>2,805,758</td><td>2,669,308</td><td>1,899,756</td><td>606,156</td><td>163,396</td><td>134,604</td><td>131,377</td><td>640</td><td>2,587</td><td>2,845</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>89,794</td><td>85,372</td><td>44,114</td><td>37,500</td><td>3,758</td><td>2,698</td><td>2,528</td><td>11</td><td>159</td><td>1,724</td></tr><tr><td>Tonga, Republic of the</td><td>39,228</td><td>37,904</td><td>19,840</td><td>1,500</td><td>16,564</td><td>1,324</td><td>1,118</td><td>-</td><td>206</td><td>-</td></tr><tr><td>South Africa</td><td>45,899</td><td>42,392</td><td>34,291</td><td>8,000</td><td>101</td><td>2,763</td><td>2,220</td><td>100</td><td>443</td><td>744</td></tr><tr><td>United Arab Republic (Egypt)</td><td>1,624</td><td>13,917</td><td>10,271</td><td>3,135</td><td>511</td><td>552</td><td>552</td><td>-</td><td>-</td><td>154</td></tr><tr><td>All Other</td><td>192,273</td><td>162,800</td><td>140,897</td><td>17,285</td><td>4,618</td><td>28,289</td><td>26,578</td><td>410</td><td>1,301</td><td>1,184</td></tr><tr><td>Total other countries</td><td>381,818</td><td>342,385</td><td>249,413</td><td>67,420</td><td>25,552</td><td>35,626</td><td>32,996</td><td>521</td><td>1,109</td><td>3,807</td></tr><tr><td>International</td><td>3,714,740</td><td>3,714,700</td><td>688,683</td><td>3,620,517</td><td>5,600</td><td>40</td><td>-</td><td>40</td><td>-</td><td>-</td></tr><tr><td>Grand total</td><td>22,91,178</td><td>19,771,351</td><td>8,900,029</td><td>9,485,163</td><td>1,397,858</td><td>2,291,912</td><td>1,416,769</td><td>142,150</td><td>24,693</td><td>166,216</td></tr></table>
December 1961
81
CAPITAL MOVEMENTS
Section III - Preliminary Details by Countries
Table 2.- Short-Term Banking Claims on Foreigners as of October 31, 1961
(Position in thousands of dollars)
<table><tr><th>Country</th><th>Total short-term claims</th><th colspan="4">Short-term claims payable in dollars</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>Collections outstanding for own account and domestic customers</th><th>Other</th><th>Total</th><th>Deposits of re-porting 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>3,026</td><td>2,870</td><td>373</td><td>-</td><td>1,534</td><td>963</td><td>156</td><td>156</td><td>-</td></tr><tr><td>Belgium</td><td>11,411</td><td>9,494</td><td>1,889</td><td>286</td><td>7,107</td><td>212</td><td>1,917</td><td>1,905</td><td>12</td></tr><tr><td>Czechoslovakia</td><td>541</td><td>541</td><td>508</td><td>-</td><td>33</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Denmark</td><td>12,006</td><td>11,578</td><td>1,568</td><td>1,945</td><td>3,181</td><td>4,884</td><td>428</td><td>428</td><td>-</td></tr><tr><td>Finland</td><td>19,380</td><td>19,281</td><td>1,212</td><td>52</td><td>1,672</td><td>16,345</td><td>99</td><td>99</td><td>-</td></tr><tr><td>France</td><td>36,739</td><td>34,579</td><td>3,940</td><td>5,255</td><td>11,060</td><td>14,324</td><td>2,160</td><td>2,124</td><td>36</td></tr><tr><td>Germany, Federal Republic of</td><td>140,258</td><td>128,885</td><td>20,668</td><td>59,144</td><td>25,312</td><td>23,761</td><td>11,373</td><td>9,987</td><td>1,386</td></tr><tr><td>Greece</td><td>6,479</td><td>6,479</td><td>157</td><td>2,207</td><td>4,115</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Italy</td><td>33,825</td><td>31,535</td><td>9,161</td><td>4,934</td><td>14,414</td><td>3,026</td><td>2,290</td><td>2,005</td><td>285</td></tr><tr><td>Netherlands</td><td>40,527</td><td>37,038</td><td>4,812</td><td>21,127</td><td>9,170</td><td>1,929</td><td>3,489</td><td>3,483</td><td>6</td></tr><tr><td>Norway</td><td>17,366</td><td>16,503</td><td>1,377</td><td>1,037</td><td>2,044</td><td>12,045</td><td>863</td><td>375</td><td>488</td></tr><tr><td>Poland</td><td>6,300</td><td>6,300</td><td>382</td><td>242</td><td>1,075</td><td>4,601</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Portugal</td><td>3,472</td><td>3,414</td><td>203</td><td>10</td><td>1,448</td><td>1,753</td><td>58</td><td>58</td><td>-</td></tr><tr><td>Romania</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>6,422</td><td>6,002</td><td>1,770</td><td>1,188</td><td>1,586</td><td>1,458</td><td>420</td><td>419</td><td>1</td></tr><tr><td>Sweden</td><td>14,754</td><td>13,676</td><td>1,121</td><td>539</td><td>5,607</td><td>6,409</td><td>1,078</td><td>1,056</td><td>22</td></tr><tr><td>Switzerland</td><td>72,317</td><td>39,862</td><td>11,266</td><td>16,103</td><td>7,077</td><td>5,420</td><td>32,455</td><td>14,001</td><td>18,454</td></tr><tr><td>Turkey</td><td>22,587</td><td>22,582</td><td>19,490</td><td>155</td><td>2,937</td><td>-</td><td>5</td><td>5</td><td>-</td></tr><tr><td>U.S.S.R.</td><td>166</td><td>164</td><td>-</td><td>-</td><td>162</td><td>2</td><td>2</td><td>2</td><td>-</td></tr><tr><td>United Kingdom</td><td>169,474</td><td>70,989</td><td>13,480</td><td>2,980</td><td>14,691</td><td>39,838</td><td>98,485</td><td>66,584</td><td>31,401</td></tr><tr><td>Yugoslavia</td><td>8,312</td><td>8,312</td><td>4,393</td><td>5</td><td>2,127</td><td>1,787</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other Europe</td><td>10,515</td><td>10,080</td><td>2,949</td><td>3,870</td><td>2,830</td><td>431</td><td>435</td><td>435</td><td>-</td></tr><tr><td>Total Europe</td><td>635,877</td><td>480,164</td><td>100,719</td><td>121,079</td><td>119,178</td><td>139,188</td><td>155,713</td><td>103,122</td><td>52,591</td></tr><tr><td>Canada</td><td>616,402</td><td>339,366</td><td>16,162</td><td>210,740</td><td>9,194</td><td>103,270</td><td>277,036</td><td>125,404</td><td>151,632</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></tr><tr><td>Argentina</td><td>171,168</td><td>160,104</td><td>20,392</td><td>24,382</td><td>38,684</td><td>76,646</td><td>11,064</td><td>10,585</td><td>479</td></tr><tr><td>Bolivia</td><td>4,951</td><td>4,951</td><td>99</td><td>249</td><td>4,112</td><td>491</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Brazil</td><td>234,744</td><td>169,468</td><td>49,262</td><td>27,789</td><td>32,181</td><td>60,236</td><td>65,276</td><td>65,057</td><td>419</td></tr><tr><td>Chile</td><td>115,744</td><td>115,639</td><td>43,676</td><td>23,252</td><td>15,682</td><td>33,029</td><td>105</td><td>18</td><td>87</td></tr><tr><td>Colombia</td><td>87,103</td><td>87,080</td><td>10,644</td><td>11,231</td><td>26,086</td><td>39,119</td><td>23</td><td>20</td><td>3</td></tr><tr><td>Cuba</td><td>18,924</td><td>18,892</td><td>-</td><td>1,672</td><td>17,217</td><td>3</td><td>32</td><td>19</td><td>13</td></tr><tr><td>Dominican Republic</td><td>12,457</td><td>12,457</td><td>4,700</td><td>1,041</td><td>4,462</td><td>2,254</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Gustatela</td><td>17,083</td><td>17,072</td><td>2,114</td><td>1,425</td><td>6,732</td><td>6,801</td><td>11</td><td>-</td><td>11</td></tr><tr><td>Mexico</td><td>383,242</td><td>378,550</td><td>131,444</td><td>74,818</td><td>34,026</td><td>138,262</td><td>4,692</td><td>2,989</td><td>1,703</td></tr><tr><td>Netherlands Antilles and Surinam</td><td>7,776</td><td>7,732</td><td>884</td><td>4,582</td><td>2,152</td><td>114</td><td>44</td><td>44</td><td>-</td></tr><tr><td>Panama, Republic of</td><td>30,486</td><td>30,472</td><td>1,482</td><td>18,267</td><td>6,552</td><td>4,171</td><td>14</td><td>-</td><td>14</td></tr><tr><td>Peru</td><td>71,428</td><td>71,322</td><td>4,999</td><td>10,595</td><td>23,148</td><td>32,580</td><td>106</td><td>34</td><td>72</td></tr><tr><td>El Salvador</td><td>14,091</td><td>14,085</td><td>469</td><td>807</td><td>5,575</td><td>7,234</td><td>6</td><td>-</td><td>6</td></tr><tr><td>Uruguay</td><td>44,722</td><td>44,717</td><td>3,963</td><td>3,552</td><td>5,324</td><td>31,878</td><td>5</td><td>5</td><td>-</td></tr><tr><td>Venezuela</td><td>130,077</td><td>128,385</td><td>12,646</td><td>31,289</td><td>70,961</td><td>13,489</td><td>1,692</td><td>186</td><td>1,496</td></tr><tr><td>Other Latin America</td><td>73,553</td><td>73,422</td><td>7,954</td><td>13,319</td><td>30,755</td><td>21,394</td><td>131</td><td>96</td><td>35</td></tr><tr><td>Total Latin America</td><td>1,417,549</td><td>1,334,348</td><td>294,728</td><td>248,270</td><td>323,649</td><td>467,701</td><td>83,201</td><td>79,153</td><td>4,342</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>1,715</td><td>1,710</td><td>1,684</td><td>-</td><td>26</td><td>-</td><td>5</td><td>5</td><td>-</td></tr><tr><td>Hong Kong</td><td>8,788</td><td>8,768</td><td>2,951</td><td>2,211</td><td>2,564</td><td>1,042</td><td>20</td><td>9</td><td>11</td></tr><tr><td>India</td><td>8,322</td><td>7,793</td><td>1,667</td><td>353</td><td>5,155</td><td>618</td><td>529</td><td>285</td><td>244</td></tr><tr><td>Indonesia</td><td>308</td><td>308</td><td>6</td><td>-</td><td>302</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Iran</td><td>32,878</td><td>32,353</td><td>3,472</td><td>7</td><td>28,526</td><td>348</td><td>525</td><td>521</td><td>4</td></tr><tr><td>Israel</td><td>33,805</td><td>33,805</td><td>4,453</td><td>2,772</td><td>3,646</td><td>23,944</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Japan</td><td>1,281,160</td><td>1,255,796</td><td>174,934</td><td>5,424</td><td>122,968</td><td>392,470</td><td>25,364</td><td>25,364</td><td>-</td></tr><tr><td>Korea, Republic of</td><td>3,418</td><td>3,418</td><td>9</td><td>-</td><td>3,396</td><td>13</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Philippines</td><td>58,367</td><td>58,314</td><td>54,588</td><td>944</td><td>817</td><td>2,010</td><td>3</td><td>3</td><td>-</td></tr><tr><td>Taiwan</td><td>11,216</td><td>11,216</td><td>2,108</td><td>7</td><td>1,917</td><td>7,184</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Thailand</td><td>28,349</td><td>28,349</td><td>11,412</td><td>452</td><td>2,706</td><td>13,779</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other Asia</td><td>127,493</td><td>125,201</td><td>102,966</td><td>2,880</td><td>16,774</td><td>2,581</td><td>292</td><td>234</td><td>58</td></tr><tr><td>Total Asia</td><td>1,593,819</td><td>1,567,081</td><td>358,240</td><td>16,055</td><td>188,797</td><td>1,003,989</td><td>26,738</td><td>26,391</td><td>167</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>27,930</td><td>20,169</td><td>2,086</td><td>2,479</td><td>12,362</td><td>8,244</td><td>2,761</td><td>643</td><td>1,118</td></tr><tr><td>Congo, Republic of the</td><td>3,554</td><td>3,554</td><td>1,913</td><td>-</td><td>1,639</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>South Africa</td><td>15,531</td><td>13,605</td><td>203</td><td>104</td><td>7,855</td><td>5,441</td><td>1,926</td><td>1,706</td><td>220</td></tr><tr><td>United Arab Republic (Egypt)</td><td>12,268</td><td>12,109</td><td>9,683</td><td>-</td><td>539</td><td>5,887</td><td>159</td><td>159</td><td>-</td></tr><tr><td>All Other</td><td>30,749</td><td>30,294</td><td>1,729</td><td>7,323</td><td>19,449</td><td>1,993</td><td>455</td><td>147</td><td>308</td></tr><tr><td>Total other countries</td><td>90,032</td><td>84,731</td><td>11,616</td><td>9,908</td><td>41,644</td><td>21,663</td><td>2,301</td><td>1,714</td><td>1,653</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>4,353,679</td><td>3,807,690</td><td>781,465</td><td>906,052</td><td>682,462</td><td>1,735,711</td><td>547,989</td><td>336,824</td><td>1,111,114</td></tr></table>
1/ Excludes convertible currencies held by U. S. monetary authorities.
82
Treasury Bulletin
CAPITAL MOVEMENTS
Section III - Preliminary Details by Countries
Table 3.- Purchases and Sales of Long-Term Securities by Foreigners During October 1961
(In thousands of dollars)
<table><tr><th rowspan="2">Country</th><th colspan="5">Purchases by foreigners</th><th colspan="5">Sales by foreigners</th></tr><tr><th>Total purchases</th><th>U.S. Government bonds and notes</th><th>Corporate and other</th><th>Foreign securities</th><th>Total sales</th><th>U.S. Government bonds and notes</th><th>Corporate and other</th><th>Foreign securities</th></tr><tr><th></th><th></th><th>Bonds</th><th>Stocks</th><th>Bonds</th><th>Stocks</th><th>Bonds</th><th>Stocks</th><th>Bonds</th><th>Stocks</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>54</td><td>6</td><td>-</td><td>30</td><td>18</td><td>22</td><td>-</td><td>16</td><td>6</td></tr><tr><td>Belgium</td><td>5,562</td><td>-</td><td>210</td><td>3,733</td><td>1,254</td><td>6,743</td><td>330</td><td>229</td><td>1,734</td></tr><tr><td>Czechoslovakia</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>3,571</td><td>929</td></tr><tr><td>Denmark</td><td>140</td><td>50</td><td>-</td><td>89</td><td>1</td><td>243</td><td>-</td><td>8</td><td>2</td></tr><tr><td>Finland</td><td>5</td><td>-</td><td>-</td><td>-</td><td>5</td><td>-</td><td>-</td><td>228</td><td>5</td></tr><tr><td>France</td><td>16,539</td><td>29</td><td>495</td><td>10,923</td><td>3,525</td><td>11,373</td><td>80</td><td>211</td><td>92</td></tr><tr><td>Germany, Federal Republic of</td><td>8,882</td><td>20</td><td>113</td><td>5,343</td><td>983</td><td>11,290</td><td>6</td><td>20</td><td>153</td></tr><tr><td>Greece</td><td>231</td><td>-</td><td>-</td><td>212</td><td>19</td><td>269</td><td>12</td><td>-</td><td>24</td></tr><tr><td>Italy</td><td>3,750</td><td>119</td><td>22</td><td>2,519</td><td>321</td><td>2,866</td><td>27</td><td>1,561</td><td>1,016</td></tr><tr><td>Netherlands</td><td>18,305</td><td>396</td><td>275</td><td>9,316</td><td>1,775</td><td>22,717</td><td>42</td><td>666</td><td>816</td></tr><tr><td>Norway</td><td>1,178</td><td>54</td><td>19</td><td>726</td><td>135</td><td>2,818</td><td>2,012</td><td>141</td><td>13</td></tr><tr><td>Poland</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>751</td><td>117</td><td>19</td><td>566</td><td>3</td><td>245</td><td>-</td><td>13</td><td>227</td></tr><tr><td>Romania</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>5</td></tr><tr><td>Spain</td><td>631</td><td>2</td><td>38</td><td>450</td><td>97</td><td>543</td><td>41</td><td>455</td><td>21</td></tr><tr><td>Sweden</td><td>654</td><td>-</td><td>186</td><td>164</td><td>304</td><td>1,650</td><td>1</td><td>455</td><td>593</td></tr><tr><td>Switzerland</td><td>102,268</td><td>147</td><td>2,652</td><td>91,101</td><td>5,693</td><td>76,486</td><td>669</td><td>3,604</td><td>2,934</td></tr><tr><td>Turkey</td><td>21</td><td>-</td><td>-</td><td>20</td><td>1</td><td>12</td><td>-</td><td>12</td><td>-</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></tr><tr><td>United Kingdom</td><td>61,677</td><td>17,874</td><td>533</td><td>38,691</td><td>1,899</td><td>105,604</td><td>45,534</td><td>2,312</td><td>8,546</td></tr><tr><td>Yugoslavia</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>3,918</td><td>100</td><td>17</td><td>2,124</td><td>1,572</td><td>5,540</td><td>29</td><td>274</td><td>27</td></tr><tr><td>Total Europe</td><td>224,566</td><td>18,914</td><td>4,579</td><td>166,007</td><td>17,605</td><td>248,465</td><td>48,715</td><td>7,928</td><td>35,408</td></tr><tr><td>Canada</td><td>99,535</td><td>7,125</td><td>9,318</td><td>29,638</td><td>19,965</td><td>111,226</td><td>5,914</td><td>20,865</td><td>24,599</td></tr><tr><td>Latin Americas:</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>1,399</td><td>-</td><td>50</td><td>1,197</td><td>137</td><td>1,349</td><td>1</td><td>50</td><td>135</td></tr><tr><td>Bolivia</td><td>80</td><td>-</td><td>-</td><td>80</td><td>-</td><td>58</td><td>-</td><td>-</td><td>142</td></tr><tr><td>Brazil</td><td>2,176</td><td>14</td><td>-</td><td>1,434</td><td>685</td><td>1,676</td><td>3</td><td>1</td><td>46</td></tr><tr><td>Chile</td><td>858</td><td>-</td><td>-</td><td>651</td><td>188</td><td>722</td><td>-</td><td>11</td><td>67</td></tr><tr><td>Colombia</td><td>330</td><td>-</td><td>35</td><td>257</td><td>37</td><td>468</td><td>-</td><td>29</td><td>221</td></tr><tr><td>Cuba</td><td>102</td><td>-</td><td>-</td><td>102</td><td>-</td><td>111</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Dominican Republic</td><td>156</td><td>-</td><td>-</td><td>155</td><td>1</td><td>84</td><td>-</td><td>69</td><td>15</td></tr><tr><td>Guatemala</td><td>75</td><td>-</td><td>-</td><td>65</td><td>10</td><td>116</td><td>-</td><td>116</td><td>-</td></tr><tr><td>Mexico</td><td>2,969</td><td>-</td><td>106</td><td>2,775</td><td>66</td><td>4,313</td><td>-</td><td>495</td><td>1,245</td></tr><tr><td>Netherlands Antilles and Surinam</td><td>3,663</td><td>497</td><td>116</td><td>1,892</td><td>710</td><td>3,793</td><td>491</td><td>162</td><td>78</td></tr><tr><td>Panama, Republic of</td><td>4,670</td><td>-</td><td>150</td><td>3,633</td><td>397</td><td>4,012</td><td>3</td><td>314</td><td>35</td></tr><tr><td>Peru</td><td>663</td><td>-</td><td>-</td><td>558</td><td>105</td><td>380</td><td>1</td><td>-</td><td>193</td></tr><tr><td>El Salvador</td><td>6</td><td>-</td><td>-</td><td>6</td><td>-</td><td>4</td><td>-</td><td>-</td><td>5</td></tr><tr><td>Uruguay</td><td>2,790</td><td>99</td><td>83</td><td>2,238</td><td>335</td><td>3,130</td><td>-</td><td>35</td><td>166</td></tr><tr><td>Venezuela</td><td>2,245</td><td>44</td><td>17</td><td>2,117</td><td>11</td><td>1,173</td><td>25</td><td>18</td><td>164</td></tr><tr><td>Other Latin America</td><td>96,121</td><td>92,769</td><td>753</td><td>2,266</td><td>259</td><td>2,426</td><td>356</td><td>9</td><td>320</td></tr><tr><td>Total Latin America</td><td>118,303</td><td>93,423</td><td>1,310</td><td>19,426</td><td>2,825</td><td>23,817</td><td>880</td><td>1,128</td><td>1,844</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>26</td><td>-</td><td>-</td><td>26</td><td>-</td><td>37</td><td>-</td><td>-</td><td>37</td></tr><tr><td>Hong Kong</td><td>10,434</td><td>14</td><td>2</td><td>10,178</td><td>115</td><td>9,547</td><td>14</td><td>3</td><td>156</td></tr><tr><td>India</td><td>32</td><td>-</td><td>2</td><td>24</td><td>4</td><td>8</td><td>-</td><td>-</td><td>1</td></tr><tr><td>Indonesia</td><td>8</td><td>-</td><td>-</td><td>8</td><td>-</td><td>23</td><td>-</td><td>23</td><td>2</td></tr><tr><td>Iran</td><td>38</td><td>-</td><td>-</td><td>38</td><td>-</td><td>21</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Israel</td><td>696</td><td>521</td><td>1</td><td>69</td><td>104</td><td>4,101</td><td>2</td><td>2</td><td>4,002</td></tr><tr><td>Japan</td><td>178</td><td>-</td><td>-</td><td>94</td><td>70</td><td>20,739</td><td>9</td><td>15</td><td>1,673</td></tr><tr><td>Korea, Republic of</td><td>13</td><td>-</td><td>-</td><td>9</td><td>4</td><td>8</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Philippines</td><td>95</td><td>-</td><td>-</td><td>84</td><td>11</td><td>75</td><td>-</td><td>67</td><td>8</td></tr><tr><td>Taiwan</td><td>2</td><td>-</td><td>-</td><td>2</td><td>-</td><td>7</td><td>-</td><td>7</td><td>-</td></tr><tr><td>Thailand</td><td>16</td><td>-</td><td>-</td><td>16</td><td>-</td><td>29</td><td>-</td><td>-</td><td>1</td></tr><tr><td>Other Asia</td><td>1,383</td><td>-</td><td>2</td><td>1,346</td><td>1</td><td>1,842</td><td>9</td><td>24</td><td>763</td></tr><tr><td>Total Asia</td><td>12,921</td><td>535</td><td>7</td><td>11,894</td><td>298</td><td>36,437</td><td>34</td><td>44</td><td>2,307</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>895</td><td>10</td><td>32</td><td>499</td><td>347</td><td>250</td><td>4</td><td>-</td><td>84</td></tr><tr><td>Jongo, Republic of the</td><td>8</td><td>-</td><td>-</td><td>8</td><td>-</td><td>-</td><td>-</td><td>-</td><td>157</td></tr><tr><td>South Africa</td><td>552</td><td>-</td><td>-</td><td>52</td><td>458</td><td>72</td><td>-</td><td>35</td><td>37</td></tr><tr><td>United Arab Republic (Egypt)</td><td>8</td><td>-</td><td>-</td><td>8</td><td>-</td><td>5</td><td>-</td><td>-</td><td>-</td></tr><tr><td>All other</td><td>695</td><td>-</td><td>38</td><td>608</td><td>7</td><td>634</td><td>-</td><td>5</td><td>59</td></tr><tr><td>Total other countries</td><td>2,158</td><td>10</td><td>70</td><td>1,175</td><td>812</td><td>961</td><td>4</td><td>5</td><td>253</td></tr><tr><td>International</td><td>10,649</td><td>114</td><td>269</td><td>198</td><td>10,018</td><td>16,245</td><td>-</td><td>369</td><td>14,846</td></tr><tr><td>Grand total</td><td>468,132</td><td>120,121</td><td>15,553</td><td>238,338</td><td>51,523</td><td>437,151</td><td>55,547</td><td>30,339</td><td>77,151</td></tr></table>
December 1961
83
CAPITAL MOVEMENTS
Section IV - Supplementary Data by Countries
Table 2.- Long-Term Liabilities to and Claims on Foreigners Reported by Banks and Bankers
(Position at end of period in thousands of dollars)
<table><tr><th>Country</th><th colspan="4">Liabilities to foreigners</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>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2,392</td><td>2,868</td><td>7,506</td><td>7,414</td><td>8,985</td></tr><tr><td>Belgium</td><td>125</td><td>125</td><td>125</td><td>-</td><td>-</td><td>29,487</td><td>35,106</td><td>30,519</td><td>28,093</td><td>11,229</td></tr><tr><td>Denmark</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>3,338</td><td>7,091</td><td>5,623</td><td>6,185</td><td>5,338</td></tr><tr><td>Finland</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>3,255</td><td>5,242</td><td>3,381</td><td>2,870</td><td>3,190</td></tr><tr><td>France</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>19,205</td><td>20,460</td><td>17,457</td><td>15,807</td><td>13,439</td></tr><tr><td>Germany, Federal Republic of</td><td>3</td><td>-</td><td>-</td><td>-</td><td>-</td><td>21,851</td><td>23,235</td><td>34,989</td><td>48,821</td><td>47,969</td></tr><tr><td>Greece</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>4,476</td><td>4,038</td><td>8,911</td><td>8,020</td><td>7,005</td></tr><tr><td>Italy</td><td>534</td><td>272</td><td>12</td><td>9</td><td>5</td><td>29,714</td><td>37,052</td><td>20,340</td><td>22,791</td><td>23,070</td></tr><tr><td>Netherlands</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>6,109</td><td>13,608</td><td>13,527</td><td>32,205</td><td>34,883</td></tr><tr><td>Norway</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>128,390</td><td>144,565</td><td>154,155</td><td>148,528</td><td>143,051</td></tr><tr><td>Portugal</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2,700</td><td>2,700</td><td>2,400</td><td>2,304</td><td>1,968</td></tr><tr><td>Spain</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>4,845</td><td>4,547</td><td>2,768</td><td>3,708</td><td>3,420</td></tr><tr><td>Sweden</td><td>837</td><td>608</td><td>439</td><td>272</td><td>108</td><td>32,373</td><td>38,809</td><td>39,826</td><td>44,092</td><td>48,915</td></tr><tr><td>Switzerland</td><td>1,500</td><td>3,000</td><td>3,000</td><td>2,500</td><td>1,500</td><td>1,547</td><td>2,226</td><td>7,388</td><td>8,205</td><td>8,155</td></tr><tr><td>Turkey</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>82</td><td>82</td><td>62</td><td>62</td><td>62</td></tr><tr><td>United Kingdom</td><td>300</td><td>2,300</td><td>2,300</td><td>2,200</td><td>200</td><td>29,049</td><td>15,264</td><td>12,843</td><td>11,062</td><td>10,895</td></tr><tr><td>Yugoslavia</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,217</td><td>1,847</td><td>1,670</td><td>1,473</td><td>1,514</td></tr><tr><td>Other Europe</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>7,595</td><td>7,859</td><td>8,337</td><td>5,602</td><td>4,645</td></tr><tr><td>Total Europe</td><td>3,299</td><td>6,305</td><td>5,876</td><td>4,981</td><td>1,813</td><td>327,625</td><td>366,599</td><td>371,702</td><td>397,242</td><td>377,733</td></tr><tr><td>Canada</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>64,900</td><td>75,525</td><td>62,615</td><td>260,072</td><td>266,329</td></tr><tr><td>Latin Americas:</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>-</td><td>-</td><td>1</td><td>1</td><td>1</td><td>107,153</td><td>118,417</td><td>112,477</td><td>96,230</td><td>89,812</td></tr><tr><td>Bolivia</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>34</td><td>38</td><td>11</td><td>11</td><td>36</td></tr><tr><td>Brazil</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>209,611</td><td>233,674</td><td>203,316</td><td>204,034</td><td>242,168</td></tr><tr><td>Chile</td><td>-</td><td>10</td><td>-</td><td>-</td><td>-</td><td>42,065</td><td>42,452</td><td>34,858</td><td>32,392</td><td>31,325</td></tr><tr><td>Colombia</td><td>19</td><td>19</td><td>19</td><td>17</td><td>17</td><td>26,838</td><td>25,710</td><td>25,643</td><td>26,691</td><td>29,276</td></tr><tr><td>Cuba</td><td>-</td><td>1</td><td>-</td><td>-</td><td>-</td><td>19,926</td><td>948</td><td>899</td><td>894</td><td>893</td></tr><tr><td>Dominican Republic</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,512</td><td>1,077</td><td>600</td><td>150</td><td>-</td></tr><tr><td>Guatemala</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>7,639</td><td>7,741</td><td>9,400</td><td>10,271</td><td>10,965</td></tr><tr><td>Mexico</td><td>377</td><td>754</td><td>619</td><td>558</td><td>499</td><td>197,734</td><td>182,001</td><td>174,977</td><td>195,924</td><td>188,471</td></tr><tr><td>Netherlands Antilles and Surinam</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2,950</td><td>3,438</td><td>3,600</td><td>2,621</td><td>5,908</td></tr><tr><td>Panama, Republic of</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>30,546</td><td>30,300</td><td>23,596</td><td>20,856</td><td>18,686</td></tr><tr><td>Peru</td><td>37</td><td>147</td><td>93</td><td>44</td><td>30</td><td>9,242</td><td>12,097</td><td>11,394</td><td>12,443</td><td>12,160</td></tr><tr><td>El Salvador</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>215</td><td>311</td><td>280</td><td>280</td><td>265</td></tr><tr><td>Uruguay</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>371</td><td>441</td><td>596</td><td>593</td><td>410</td></tr><tr><td>Venezuela</td><td>22</td><td>23</td><td>41</td><td>40</td><td>40</td><td>189,850</td><td>189,793</td><td>180,259</td><td>189,736</td><td>205,126</td></tr><tr><td>Other Latin Americas</td><td>100</td><td>-</td><td>900</td><td>1,073</td><td>958</td><td>64,407</td><td>65,442</td><td>75,717</td><td>72,409</td><td>71,312</td></tr><tr><td>Total Latin Americas</td><td>555</td><td>954</td><td>1,673</td><td>1,733</td><td>1,545</td><td>910,153</td><td>913,880</td><td>857,623</td><td>865,535</td><td>906,813</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>Hong Kong</td><td>258</td><td>190</td><td>191</td><td>125</td><td>125</td><td>1,320</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Indonesia</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>21,934</td><td>19,445</td><td>19,569</td><td>16,685</td><td>17,120</td></tr><tr><td>Iran</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>38,250</td><td>44,410</td><td>40,650</td><td>40,500</td><td>43,000</td></tr><tr><td>Israel</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>13,848</td><td>13,382</td><td>14,234</td><td>13,127</td><td>12,762</td></tr><tr><td>Japan</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>21,096</td><td>19,149</td><td>17,933</td><td>18,954</td><td>25,084</td></tr><tr><td>Korea</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>875</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Philippines</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>7,013</td><td>15,570</td><td>15,860</td><td>14,075</td><td>13,043</td></tr><tr><td>Taiwan</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>300</td><td>410</td><td>392</td><td>892</td><td>973</td></tr><tr><td>Thailand</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>6,528</td><td>8,244</td><td>6,026</td><td>6,026</td><td>5,492</td></tr><tr><td>Other Asia</td><td>20</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2,452</td><td>2,361</td><td>2,222</td><td>1,656</td><td>1,813</td></tr><tr><td>Total Asia</td><td>278</td><td>190</td><td>191</td><td>125</td><td>125</td><td>113,089</td><td>134,072</td><td>126,136</td><td>120,593</td><td>129,124</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>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>26,538</td><td>27,708</td><td>22,272</td><td>21,756</td><td>21,001</td></tr><tr><td>Congo, Republic of the</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>40,928</td><td>39,728</td><td>36,888</td><td>38,088</td><td>37,203</td></tr><tr><td>South Africa</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>57,537</td><td>60,985</td><td>61,465</td><td>63,469</td><td>69,184</td></tr><tr><td>United Arab Republic (Egypt)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>4,469</td><td>4,810</td><td>4,445</td><td>4,445</td><td>5,195</td></tr><tr><td>All other</td><td>1</td><td>1</td><td>1</td><td>-</td><td>6</td><td>80,692</td><td>75,075</td><td>72,683</td><td>75,590</td><td>42,417</td></tr><tr><td>Total other countries</td><td>1</td><td>1</td><td>1</td><td>-</td><td>6</td><td>210,164</td><td>208,306</td><td>197,753</td><td>203,348</td><td>175,000</td></tr><tr><td>Grand total</td><td>4,133</td><td>7,450</td><td>7,741</td><td>6,839</td><td>3,489</td><td>1,625,931</td><td>1,698,382</td><td>1,615,829</td><td>1,846,790</td><td>1,854,999</td></tr></table>
Having a maturity of more than one year from date of issuance; excluding long-term securities. Preliminary.
84
Treasury Bulletin
CAPITAL MOVEMENTS
Section IV - Supplementary Data by Countries
Table 3.- Estimated Gold Reserves 1/ and Dollar Holdings of Foreign Countries and International Institutions
(Position at end of period in millions of dollars)
<table><tr><th>Area and country</th><th colspan="2">1959</th><th colspan="2">September 1960</th><th colspan="2">December 1960</th><th colspan="2">March 1961</th><th colspan="2">June 1961</th><th colspan="2">September p</th></tr><tr><th></th><th>Gold and short-term dollars</th><th>U. S. Gov't. bonds and notes</th><th>Gold and short-term dollars</th><th>U. S. Gov't. bonds and notes</th><th>Gold and short-term dollars</th><th>U. S. Gov't. bonds and notes 2/</th><th>Gold and short-term dollars</th><th>U. S. Gov't. bonds and notes</th><th>Gold and short-term dollars</th><th>U. S. Gov't. bonds and notes</th><th>Gold and short-term dollars</th><th>U. S. Gov't. bonds and notes</th></tr><tr><td colspan="13">Western Europe:</td></tr><tr><td>Austria</td><td>623</td><td>7</td><td>516</td><td>7</td><td>536</td><td>7</td><td>491</td><td>3</td><td>480</td><td>3</td><td>524</td><td>3</td></tr><tr><td>Belgium</td><td>1,272</td><td>7</td><td>1,240</td><td>7</td><td>1,312r</td><td>6</td><td>1,277r</td><td>2</td><td>1,307</td><td>1</td><td>1,478</td><td>1</td></tr><tr><td>Denmark</td><td>168</td><td>64</td><td>78</td><td>53</td><td>85</td><td>28</td><td>89</td><td>31</td><td>81</td><td>31</td><td>79</td><td>30</td></tr><tr><td>Finland</td><td>109</td><td>1</td><td>85</td><td>1</td><td>87</td><td>1</td><td>85</td><td>*</td><td>112</td><td>2</td><td>134</td><td>2</td></tr><tr><td>France</td><td>1,945</td><td>35</td><td>2,273</td><td>17</td><td>2,160</td><td>16</td><td>2,474r</td><td>5</td><td>2,862</td><td>4</td><td>3,014</td><td>5</td></tr><tr><td>Germany, Fed. Republic of</td><td>4,624</td><td>16</td><td>5,995</td><td>16</td><td>6,447</td><td>16</td><td>6,752</td><td>3</td><td>6,588</td><td>3</td><td>6,400</td><td>3</td></tr><tr><td>Greece</td><td>212</td><td>*</td><td>109</td><td>*</td><td>139</td><td>*</td><td>143</td><td>*</td><td>136</td><td>*</td><td>120</td><td>*</td></tr><tr><td>Italy</td><td>3,119</td><td>*</td><td>3,181</td><td>*</td><td>3,080</td><td>*</td><td>2,912</td><td>*</td><td>3,059</td><td>*</td><td>3,376</td><td>*</td></tr><tr><td>Netherlands</td><td>1,617</td><td>17</td><td>1,646</td><td>14</td><td>1,779</td><td>13</td><td>1,731</td><td>4</td><td>1,735</td><td>3</td><td>1,804</td><td>3</td></tr><tr><td>Norway</td><td>125</td><td>141</td><td>115</td><td>158</td><td>111</td><td>143</td><td>113</td><td>141</td><td>131</td><td>132</td><td>135</td><td>128</td></tr><tr><td>Portugal</td><td>686</td><td>1</td><td>638</td><td>1</td><td>636</td><td>1</td><td>615</td><td>1</td><td>546</td><td>1</td><td>523</td><td>1</td></tr><tr><td>Spain</td><td>154</td><td>3</td><td>235</td><td>3</td><td>327</td><td>3</td><td>316</td><td>1</td><td>352</td><td>1</td><td>405</td><td>1</td></tr><tr><td>Sweden</td><td>404</td><td>101</td><td>395</td><td>78</td><td>397</td><td>77</td><td>438</td><td>93</td><td>574</td><td>51</td><td>566</td><td>71</td></tr><tr><td>Switzerland</td><td>2,903</td><td>88</td><td>2,786</td><td>74</td><td>2,863</td><td>57</td><td>2,721</td><td>91</td><td>2,850</td><td>87</td><td>3,177</td><td>86</td></tr><tr><td>Turkey</td><td>164</td><td>*</td><td>149</td><td>*</td><td>152</td><td>*</td><td>158</td><td>*</td><td>150</td><td>*</td><td>158</td><td>*</td></tr><tr><td>United Kingdom</td><td>3,490</td><td>323</td><td>4,503</td><td>381</td><td>4,467</td><td>412</td><td>4,379r</td><td>449</td><td>4,109</td><td>43</td><td>4,820</td><td>482</td></tr><tr><td>Other 3/</td><td>597</td><td>51</td><td>469</td><td>39</td><td>529r</td><td>39</td><td>592r</td><td>45</td><td>609</td><td>47</td><td>737</td><td>47</td></tr><tr><td>Total Western Europe</td><td>22,212</td><td>855</td><td>24,413</td><td>849</td><td>25,107</td><td>819</td><td>838</td><td>25,288r</td><td>868</td><td>25,681</td><td>801</td><td>27,510</td><td>863</td></tr><tr><td>Canada</td><td>3,158</td><td>452</td><td>3,552</td><td>424</td><td>3,324</td><td>416</td><td>446</td><td>3,313r</td><td>464</td><td>3,565</td><td>463</td><td>3,575</td><td>465</td></tr><tr><td colspan="13">Latin America:</td></tr><tr><td>Argentina</td><td>393</td><td>*</td><td>454</td><td>*</td><td>419</td><td>*</td><td>501</td><td>1</td><td>475</td><td>1</td><td>445</td><td>1</td></tr><tr><td>Bolivia</td><td>25</td><td>*</td><td>24</td><td>*</td><td>24</td><td>*</td><td>24</td><td>*</td><td>22</td><td>*</td><td>24</td><td>*</td></tr><tr><td>Brazil</td><td>478</td><td>1</td><td>460</td><td>1</td><td>481</td><td>2</td><td>480</td><td>2</td><td>474</td><td>2</td><td>551</td><td>1</td></tr><tr><td>Chile</td><td>228</td><td>*</td><td>179</td><td>*</td><td>180</td><td>*</td><td>177</td><td>*</td><td>171</td><td>*</td><td>178</td><td>*</td></tr><tr><td>Colombia</td><td>288</td><td>*</td><td>242</td><td>*</td><td>236</td><td>*</td><td>240</td><td>1</td><td>202</td><td>1</td><td>222</td><td>1</td></tr><tr><td>Cuba</td><td>214</td><td>82</td><td>108</td><td>63</td><td>78</td><td>39</td><td>64</td><td>*</td><td>59</td><td>*</td><td>46</td><td>*</td></tr><tr><td>Dominican Republic</td><td>47</td><td>*</td><td>43</td><td>*</td><td>47</td><td>*</td><td>31</td><td>*</td><td>31</td><td>*</td><td>14</td><td>*</td></tr><tr><td>El Salvador</td><td>58</td><td>*</td><td>52</td><td>*</td><td>54</td><td>*</td><td>58</td><td>*</td><td>49</td><td>*</td><td>43</td><td>*</td></tr><tr><td>Guatemala</td><td>61</td><td>*</td><td>65</td><td>1</td><td>68</td><td>1</td><td>77</td><td>*</td><td>83</td><td>*</td><td>70</td><td>*</td></tr><tr><td>Mexico</td><td>584</td><td>3</td><td>495</td><td>4</td><td>534</td><td>2</td><td>472</td><td>6</td><td>450</td><td>6</td><td>531</td><td>5</td></tr><tr><td>Panama, Republic of</td><td>129</td><td>3</td><td>127</td><td>2</td><td>123</td><td>2</td><td>95</td><td>1</td><td>78</td><td>1</td><td>79</td><td>1</td></tr><tr><td>Peru</td><td>110</td><td>1</td><td>97</td><td>*</td><td>114</td><td>*</td><td>112</td><td>*</td><td>118</td><td>*</td><td>123</td><td>1</td></tr><tr><td>Uruguay</td><td>242</td><td>*</td><td>244</td><td>1</td><td>231</td><td>1</td><td>227</td><td>1</td><td>230</td><td>1</td><td>229</td><td>1</td></tr><tr><td>Venezuela</td><td>929</td><td>3</td><td>795</td><td>3</td><td>796</td><td>3</td><td>892</td><td>1</td><td>826</td><td>1</td><td>846</td><td>1</td></tr><tr><td>Other 4/</td><td>123</td><td>12</td><td>281</td><td>11</td><td>245</td><td>9</td><td>204r</td><td>28</td><td>201</td><td>57</td><td>143</td><td>77</td></tr><tr><td>Total Latin America</td><td>3,909</td><td>105</td><td>3,666</td><td>86</td><td>3,630</td><td>59</td><td>15</td><td>3,654r</td><td>41</td><td>3,69</td><td>69</td><td>3,604</td><td>89</td></tr><tr><td colspan="13">Asia:</td></tr><tr><td>India</td><td>361</td><td>*</td><td>297</td><td>40</td><td>301</td><td>40</td><td>295</td><td>41</td><td>288</td><td>6</td><td>333</td><td>6</td></tr><tr><td>Indonesia</td><td>172</td><td>1</td><td>195</td><td>*</td><td>236</td><td>*</td><td>158</td><td>1</td><td>142</td><td>1</td><td>120</td><td>1</td></tr><tr><td>Iran</td><td>187</td><td>*</td><td>156</td><td>*</td><td>152</td><td>*</td><td>173</td><td>*</td><td>178</td><td>*</td><td>167</td><td>*</td></tr><tr><td>Japan</td><td>1,564</td><td>2</td><td>1,984</td><td>2</td><td>2,166</td><td>2</td><td>2,306r</td><td>3</td><td>2,262</td><td>3</td><td>1,953</td><td>3</td></tr><tr><td>Philippines</td><td>181</td><td>3</td><td>237</td><td>2</td><td>218</td><td>2</td><td>214</td><td>2</td><td>184</td><td>2</td><td>174</td><td>2</td></tr><tr><td>Thailand</td><td>245</td><td>1</td><td>276</td><td>*</td><td>290</td><td>*</td><td>318</td><td>*</td><td>331</td><td>*</td><td>344</td><td>*</td></tr><tr><td>Other</td><td>1,245</td><td>46</td><td>1,026</td><td>59</td><td>989</td><td>43</td><td>986</td><td>45</td><td>1,010</td><td>45</td><td>1,043</td><td>45</td></tr><tr><td>Total Asia</td><td>3,955</td><td>53</td><td>4,171</td><td>103</td><td>4,352</td><td>87</td><td>92</td><td>4,450r</td><td>57</td><td>4,395</td><td>57</td><td>4,190</td><td>77</td></tr><tr><td colspan="13">Other countries:</td></tr><tr><td>Australia</td><td>264</td><td>*</td><td>259</td><td>*</td><td>235</td><td>*</td><td>233</td><td>*</td><td>238</td><td>*</td><td>238</td><td>*</td></tr><tr><td>South Africa</td><td>287</td><td>1</td><td>235</td><td>1</td><td>207</td><td>1</td><td>227</td><td>*</td><td>192</td><td>*</td><td>251</td><td>*</td></tr><tr><td>United Arab Republic (Egypt)</td><td>194</td><td>*</td><td>196</td><td>*</td><td>196</td><td>*</td><td>195</td><td>*</td><td>190</td><td>*</td><td>189</td><td>*</td></tr><tr><td>Other 5/</td><td>526</td><td>41</td><td>552</td><td>28</td><td>600</td><td>27</td><td>601r</td><td>38</td><td>624</td><td>37</td><td>536</td><td>39</td></tr><tr><td>Total other countries</td><td>1,271</td><td>44</td><td>1,242</td><td>29</td><td>1,238</td><td>28</td><td>35</td><td>1,256r</td><td>38</td><td>1,244</td><td>37</td><td>1,264</td><td>39</td></tr><tr><td>Total foreign countries</td><td>34,505</td><td>1,507</td><td>37,044</td><td>1,491</td><td>37,651</td><td>1,409</td><td>1,426</td><td>37,961r</td><td>1,468</td><td>38,354</td><td>1,427</td><td>40,148</td><td>1,511</td></tr><tr><td>International</td><td>5,565</td><td>660</td><td>6,133</td><td>671</td><td>6,394</td><td>884</td><td>900</td><td>6,353</td><td>1,004</td><td>6,452</td><td>1,011</td><td>5,480</td><td>1,127</td></tr><tr><td>Grand total</td><td>40,070</td><td>2,167</td><td>43,177</td><td>2,162</td><td>44,045</td><td>2,293</td><td>2,326</td><td>44,314r</td><td>2,532</td><td>44,806</td><td>2,438</td><td>45,628</td><td>2,639</td></tr><tr><td>Memorandum item: Sterling area</td><td>4,730</td><td>407</td><td>5,627</td><td>489</td><td>5,558</td><td>512</td><td>536</td><td>5,488</td><td>531</td><td>5,179</td><td>518</td><td>5,904</td><td>566</td></tr></table>
Note: "Gold and short-term dollars" represent reported and estimated official gold reserves, and official and private short-term dollar holdings (principally deposits and U. S. Treasury bills and certificates) reported by banks in the U. S. "U. S. Government bonds and notes" represent estimated official and private holdings of U. S. Government securities with an original maturity of more than one year. "Gold and short-term dollars" plus "U. S. Government bonds and notes" represent the "gold and liquid dollar holdings" of foreign countries and international institutions.
1. Excludes gold reserves of U.S.S.R., other Eastern European countries, and "China Mainland.
The first set of figures ends the series based on a 12% survey; the
2/ Includes holdings of other Western European countries and of European regional institutions, such as the Bank for International Settlements and the European Fund, gold to be distributed by the Tripartite Commission for the Restitution of Monetary Gold, and unpublished gold reserves of certain Western European countries.
5/ Includes other Latin American republics and the Inter-American Development Bank.
2/ Includes countries in Africa, Oceania, and Eastern Europe, and western European dependencies outside Europe and Ala.
* Less than $500,000. p Preliminary. r Revised.
December 1961
85
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 (21 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. 9324 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. 346, 356); 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 expense, 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 data 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 31 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 1956 are based on the earlier reporting requirements, which provided for complete coverage of Government lending agencies.
86
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 1.- Summary by Specified Classes of Activities, June 30, 1961
(In thousands of dollars)
<table><tr><th>Account</th><th>Total of activities reporting on quarterly basis</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 - Part A)</th><th>Activities reporting on annual basis 2/ (See Table 4 - Part B)</th><th>Total of all activities reporting 3/</th></tr><tr><td colspan="7"><b>ASSETS</b></td></tr><tr><td>Cash in banks, on hand, and in transit...</td><td>209,380</td><td>168,993</td><td>38,113</td><td>2,274</td><td>224,043</td><td>433,423</td></tr><tr><td>Fund balances with the U.S. Treasury 4/</td><td>6,190,439</td><td>3,298,818</td><td>1,490,027</td><td>1,401,593</td><td>8,125,853</td><td>14,316,292</td></tr><tr><td colspan="7">Investments:</td></tr><tr><td>Public debt securities (par value)...</td><td>1,260,364</td><td>1,255,314</td><td>-</td><td>5,050</td><td>78,264</td><td>1,338,629</td></tr><tr><td>Securities of Government enterprises...</td><td>96,650</td><td>96,650</td><td>-</td><td>-</td><td>-</td><td>96,650</td></tr><tr><td>Unamortized premium, or discount (-)...</td><td>-10,604</td><td>-10,604</td><td>-</td><td>-</td><td>-10</td><td>-10,614</td></tr><tr><td>Other securities....................</td><td>5,297,955</td><td>190,244</td><td>-</td><td>5,107,711</td><td>43,975</td><td>5,341,931</td></tr><tr><td colspan="7">Advances to contractors and agents:</td></tr><tr><td>Government agencies....................</td><td>8,271</td><td>7,096</td><td>177</td><td>999</td><td>55,904</td><td>64,176</td></tr><tr><td>Other....................</td><td>18,821</td><td>5,378</td><td>8,253</td><td>5,189</td><td>84,903</td><td>103,724</td></tr><tr><td colspan="7">Accounts and notes receivable:</td></tr><tr><td>Government agencies....................</td><td>1,691,257</td><td>1,030,725</td><td>643,658</td><td>16,875</td><td>94,723</td><td>1,785,980</td></tr><tr><td>Other (net)....................</td><td>2,156,310</td><td>295,528</td><td>48,368</td><td>1,812,413</td><td>2,111,627</td><td>4,267,936</td></tr><tr><td>Inventories....................</td><td>21,304,099</td><td>7,121,142</td><td>7,088,244</td><td>7,094,713</td><td>922,743</td><td>22,226,842</td></tr><tr><td>Allowance for losses (-)....................</td><td>-1,531,311</td><td>-1,531,252</td><td>-59</td><td>-</td><td>-18,061</td><td>-1,549,372</td></tr><tr><td colspan="7">Accrued interest receivable:</td></tr><tr><td>On public debt securities....................</td><td>4,639</td><td>4,619</td><td>-</td><td>20</td><td>306</td><td>4,945</td></tr><tr><td>On securities of Government enterprises</td><td>239,319</td><td>1,551</td><td>-</td><td>237,768</td><td>-</td><td>239,319</td></tr><tr><td>Other....................</td><td>501,461</td><td>87,328</td><td>-</td><td>414,133</td><td>8,412</td><td>509,873</td></tr><tr><td colspan="7">Loans receivable:</td></tr><tr><td>Government agencies....................</td><td>88,410</td><td>85,200</td><td>-</td><td>3,210</td><td>-</td><td>88,410</td></tr><tr><td>Other: U.S. dollar loans....................</td><td>22,080,608</td><td>11,897,940</td><td>-</td><td>10,182,667</td><td>289,520</td><td>22,370,127</td></tr><tr><td>Foreign currency loans....................</td><td>2,293,702</td><td>378,862</td><td>-</td><td>1,914,840</td><td>19,324</td><td>2,313,026</td></tr><tr><td>Allowance for losses (-)....................</td><td>-524,631</td><td>-431,942</td><td>-</td><td>-92,689</td><td>-</td><td>-524,631</td></tr><tr><td>Acquired security or collateral (net)....................</td><td>497,014</td><td>384,151</td><td>-</td><td>112,863</td><td>270</td><td>497,283</td></tr><tr><td>Land, structures, and equipment....................</td><td>13,021,431</td><td>5,598,572</td><td>490,964</td><td>6,931,895</td><td>24,733,957</td><td>37,755,388</td></tr><tr><td>Accumulated depreciation (-)....................</td><td>-2,584,520</td><td>-1,401,695</td><td>-216,297</td><td>-966,528</td><td>-2,517,279</td><td>-5,101,799</td></tr><tr><td>Foreign currencies....................</td><td>250,484</td><td>30,403</td><td>-</td><td>220,081</td><td>2,454,603</td><td>2,705,087</td></tr><tr><td>Other assets (net)....................</td><td>1,829,291</td><td>802,581</td><td>43,705</td><td>983,005</td><td>4,953,513</td><td>6,782,804</td></tr><tr><td>Total assets....................</td><td>74,388,841</td><td>29,365,603</td><td>9,635,153</td><td>35,388,084</td><td>41,666,589</td><td>116,055,430</td></tr><tr><td colspan="7"><b>LIABILITIES</b></td></tr><tr><td colspan="7">Accounts payable:</td></tr><tr><td>Government agencies....................</td><td>327,699</td><td>73,858</td><td>236,534</td><td>17,306</td><td>52,482</td><td>380,181</td></tr><tr><td>Other....................</td><td>763,605</td><td>407,357</td><td>276,065</td><td>80,184</td><td>1,126,538</td><td>1,890,144</td></tr><tr><td colspan="7">Accrued liabilities:</td></tr><tr><td>Government agencies....................</td><td>245,213</td><td>239,578</td><td>1,887</td><td>3,748</td><td>1,508</td><td>259,720</td></tr><tr><td>Other....................</td><td>493,527</td><td>228,389</td><td>80,056</td><td>185,082</td><td>1,096,148</td><td>1,589,676</td></tr><tr><td colspan="7">Advances from:</td></tr><tr><td>Government agencies....................</td><td>104,050</td><td>1</td><td>46,011</td><td>58,037</td><td>35,296</td><td>139,346</td></tr><tr><td>Other....................</td><td>11,427</td><td>914</td><td>10,513</td><td>1</td><td>29,487</td><td>40,914</td></tr><tr><td colspan="7">Trust and deposit liabilities:</td></tr><tr><td>Government agencies....................</td><td>134,043</td><td>105,660</td><td>2,647</td><td>25,736</td><td>142,670</td><td>276,713</td></tr><tr><td>Other....................</td><td>164,239</td><td>156,855</td><td>195</td><td>7,190</td><td>167,647</td><td>331,886</td></tr><tr><td colspan="7">Bonds, debentures, and notes payable:</td></tr><tr><td>Government agencies....................</td><td>86,696</td><td>86,696</td><td>-</td><td>-</td><td>30,200</td><td>116,896</td></tr><tr><td>Other: Guaranteed by the U.S....................</td><td>133,719</td><td>133,719</td><td>-</td><td>-</td><td>-</td><td>33,719</td></tr><tr><td>Not guaranteed by the U.S....................</td><td>50,044</td><td>50,044</td><td>-</td><td>-</td><td>-</td><td>50,044</td></tr><tr><td>Other liabilities (including reserves)....................</td><td>2,231,075</td><td>1,860,233</td><td>230,992</td><td>139,850</td><td>424,189</td><td>2,655,264</td></tr><tr><td>Total liabilities....................</td><td>4,745,337</td><td>3,343,304</td><td>884,900</td><td>517,134</td><td>3,119,166</td><td>7,864,503</td></tr><tr><td colspan="7"><b>NET INVESTMENT</b></td></tr><tr><td colspan="7">United States interest:</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>100,000</td><td>100,000</td><td>-</td><td>-</td><td>-</td><td>100,000</td></tr><tr><td>Borrowings from the U.S. Treasury....................</td><td>26,010,453</td><td>21,146,091</td><td>-</td><td>4,864,362</td><td>-</td><td>26,010,453</td></tr><tr><td>Other....................</td><td>838,783</td><td>838,783</td><td>-</td><td>-</td><td>-</td><td>838,783</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>1,056,000</td><td>1,056,000</td><td>-</td><td>-</td><td>-</td><td>1,056,000</td></tr><tr><td>Appropriations....................</td><td>25,743,953</td><td>8,840,437</td><td>-1,573,909</td><td>18,477,424</td><td>50,761,939</td><td>76,505,892</td></tr><tr><td>Capitalization of assets (net)....................</td><td>20,944,271</td><td>675,442</td><td>14,653,875</td><td>5,614,955</td><td>3,390,042</td><td>24,334,314</td></tr><tr><td>Other....................</td><td>11,318,157</td><td>1,076,581</td><td>8,880</td><td>10,232,696</td><td>9,376,035</td><td>20,694,192</td></tr><tr><td>Accumulated net income, or deficit (-)....................</td><td>-14,391,640</td><td>-7,711,035</td><td>-4,338,593</td><td>-2,342,013</td><td>-23,347,959</td><td>-37,739,599</td></tr><tr><td>Deposits of general and special fund revenues (-)....................</td><td>-1,976,473</td><td>-</td><td>-</td><td>-1,976,473</td><td>-1,632,634</td><td>-3,609,108</td></tr><tr><td>Total United States interest....................</td><td>69,643,504</td><td>26,022,300</td><td>8,750,253</td><td>34,870,950</td><td>38,547,423</td><td>108,190,927</td></tr><tr><td>Total liabilities and investment....................</td><td>74,388,841</td><td>29,365,603</td><td>9,635,153</td><td>35,388,084</td><td>41,666,589</td><td>116,055,430</td></tr><tr><td colspan="7"><b>ANALYSIS OF UNITED STATES INVESTMENT</b></td></tr><tr><td>United States investment....................</td><td>84,035,144</td><td>33,733,334</td><td>13,088,846</td><td>37,212,963</td><td>61,895,382</td><td>145,930,526</td></tr><tr><td>Accumulated net income, or deficit (-)....................</td><td>-14,391,640</td><td>-7,711,035</td><td>-4,338,593</td><td>-2,342,013</td><td>-23,347,959</td><td>-37,739,599</td></tr><tr><td>U.S. investment incl. interagency items....................</td><td>69,643,504</td><td>26,022,300</td><td>8,750,253</td><td>34,870,950</td><td>38,547,423</td><td>108,190,927</td></tr><tr><td colspan="7">Interagency items:</td></tr><tr><td>Due from Government agencies (-)....................</td><td>-2,123,908</td><td>-1,221,221</td><td>-643,835</td><td>-258,852</td><td>-150,627</td><td>-2,274,535</td></tr><tr><td>Due to Government agencies....................</td><td>897,701</td><td>505,794</td><td>287,080</td><td>104,827</td><td>275,156</td><td>1,172,857</td></tr><tr><td>U.S. investment excl. interagency items....................</td><td>68,417,296</td><td>25,306,873</td><td>8,393,498</td><td>34,716,925</td><td>38,671,952</td><td>107,089,248</td></tr></table>
Footnotes at end of Table 8.
December 1961
87
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, June 30, 1961
(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>Export-Import Bank of Washington Regular lending activities</th><th>Liquidation of certain Reconstruction Finance Corporation assets</th><th>Expansion of defense production</th></tr><tr><td colspan="8">ASSETS</td></tr><tr><td>Cash in banks, on hand, and in transit</td><td>168,993</td><td>-</td><td>*</td><td>-</td><td>560</td><td>-</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 1/.</td><td>3,298,818</td><td>1,475</td><td>1,471,295</td><td>7,079</td><td>1,156</td><td>6</td><td>-</td></tr><tr><td colspan="8">Investments:</td></tr><tr><td>Public debt securities (par value)</td><td>1,255,314</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Securities of Government enterprises</td><td>96,650</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-)</td><td>-10,604</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other securities</td><td>190,244</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,250</td><td>-</td></tr><tr><td colspan="8">Advances to contractors and agents:</td></tr><tr><td>Government agencies</td><td>7,096</td><td>14</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>5,378</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td colspan="8">Accounts and notes receivable:</td></tr><tr><td>Government agencies</td><td>1,030,725</td><td>-</td><td>-</td><td>-</td><td>12</td><td>-</td><td>-</td></tr><tr><td>Other (net)</td><td>295,528</td><td>12</td><td>-</td><td>-</td><td>463</td><td>-</td><td>-</td></tr><tr><td>Inventories</td><td>7,121,142</td><td>-</td><td>-</td><td>-</td><td>3</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)</td><td>-1,531,252</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td colspan="8">Accrued interest receivable:</td></tr><tr><td>On public debt securities</td><td>4,619</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On securities of Government enterprises</td><td>1,551</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>87,328</td><td>-</td><td>6,709</td><td>-</td><td>39,469</td><td>*</td><td>20</td></tr><tr><td colspan="8">Loans receivable:</td></tr><tr><td>Government agencies</td><td>85,200</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: U. S. dollar loans</td><td>11,897,940</td><td>-</td><td>134,681</td><td>-</td><td>3,367,699</td><td>6</td><td>15,055</td></tr><tr><td>Foreign currency loans</td><td>378,862</td><td>-</td><td>378,862</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)</td><td>-431,942</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net)</td><td>384,151</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Land, structures, and equipment</td><td>5,598,572</td><td>-</td><td>147</td><td>-</td><td>337</td><td>-</td><td>-</td></tr><tr><td>Accumulated depreciation (-)</td><td>-1,401,695</td><td>-</td><td>-28</td><td>-</td><td>-146</td><td>-</td><td>-</td></tr><tr><td>Foreign currencies</td><td>30,403</td><td>-</td><td>27,924</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other assets (net)</td><td>802,581</td><td>-</td><td>-</td><td>-</td><td>*</td><td>-</td><td>-</td></tr><tr><td>Total assets</td><td>29,365,603 2/</td><td>1,501</td><td>2,019,593</td><td>7,079</td><td>3,409,554</td><td>1,263</td><td>15,075</td></tr><tr><td colspan="8">LIABILITIES</td></tr><tr><td colspan="8">Accounts payable:</td></tr><tr><td>Government agencies</td><td>73,858</td><td>-</td><td>105</td><td>-</td><td>30</td><td>*</td><td>1</td></tr><tr><td>Other</td><td>407,357</td><td>-</td><td>42</td><td>-</td><td>75</td><td>-</td><td>-</td></tr><tr><td colspan="8">Accrued liabilities:</td></tr><tr><td>Government agencies</td><td>239,578</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>228,389</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td colspan="8">Advances from:</td></tr><tr><td>Government agencies</td><td>1</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>914</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td colspan="8">Trust and deposit liabilities:</td></tr><tr><td>Government agencies</td><td>105,660</td><td>-</td><td>50</td><td>-</td><td>43</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>156,855</td><td>-</td><td>-</td><td>-</td><td>121</td><td>-</td><td>50</td></tr><tr><td colspan="8">Bonds, debentures, and notes payable:</td></tr><tr><td>Government agencies</td><td>86,696</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: Guaranteed by the U. S.</td><td>133,719</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the U. S.</td><td>50,044</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other liabilities (including reserves)</td><td>1,860,233</td><td>-</td><td>147</td><td>-</td><td>5,469</td><td>100</td><td>-</td></tr><tr><td>Total liabilities</td><td>3,343,304</td><td>1</td><td>345 3/</td><td>-</td><td>5,737</td><td>100</td><td>51</td></tr><tr><td colspan="8">NET INVESTMENT</td></tr><tr><td colspan="8">United States interest:</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>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>21,146,091</td><td>-</td><td>-</td><td>-</td><td>1,697,900</td><td>-</td><td>10,273</td></tr><tr><td>Other</td><td>838,783</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>1,056,000</td><td>-</td><td>-</td><td>-</td><td>1,000,000</td><td>-</td><td>-</td></tr><tr><td>Appropriations</td><td>8,840,437</td><td>1,500</td><td>2,000,000</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capitalization of assets (net)</td><td>675,442</td><td>-</td><td>23</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>1,076,581</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,162 4/</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>-7,711,035</td><td>*</td><td>19,225</td><td>7,079</td><td>705,917</td><td>*</td><td>4,751</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>26,022,300</td><td>1,500</td><td>2,019,248</td><td>7,079</td><td>3,403,817</td><td>1,162</td><td>15,025</td></tr><tr><td>Total liabilities and investment</td><td>29,365,603</td><td>1,501</td><td>2,019,593</td><td>7,079</td><td>3,409,554</td><td>1,263</td><td>15,075</td></tr><tr><td colspan="8">ANALYSIS OF UNITED STATES INVESTMENT</td></tr><tr><td>United States investment</td><td>33,733,334</td><td>1,500</td><td>2,000,023</td><td>-</td><td>2,697,900</td><td>1,162</td><td>10,273</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>-7,711,035</td><td>*</td><td>19,225</td><td>7,079</td><td>705,917</td><td>*</td><td>4,751</td></tr><tr><td>U. S. investment incl. interagency items</td><td>26,022,300</td><td>1,500</td><td>2,019,248</td><td>7,079</td><td>3,403,817</td><td>1,162</td><td>15,025</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>-1,221,221</td><td>-14</td><td>-</td><td>-</td><td>-12</td><td>-</td><td>-</td></tr><tr><td>Due to Government agencies</td><td>505,794</td><td>-</td><td>156</td><td>-</td><td>73</td><td>*</td><td>1</td></tr><tr><td>U. S. investment excl. interagency items</td><td>25,306,873</td><td>1,486</td><td>2,019,404</td><td>7,079</td><td>3,403,878</td><td>1,163</td><td>15,025</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
88
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, June 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th rowspan="2">Account</th><th colspan="4">Farm Credit Administration</th><th colspan="3">Federal Home Loan Bank Board</th></tr><tr><th>Federal Farm Mortgage Corporation</th><th>Federal Intermediate credit banks investment fund</th><th>Production credit associations investment fund</th><th>Banks for cooperatives investment fund</th><th>Revolving fund</th><th>Federal Savings and Loan Insurance Corporation</th><th>Home Owners' Loan Corporation (liquidated)</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>-</td><td>-</td><td>*</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 1/.</td><td>405</td><td>16,350</td><td>59,170</td><td>67,632</td><td>134</td><td>4,467</td><td>414</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>363,500</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>-993</td><td>-</td></tr><tr><td>Other securities.</td><td>-</td><td>53,650</td><td>830</td><td>118,287</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>-</td><td>-</td><td>-</td><td>-</td><td>23</td><td>-</td><td>-</td></tr><tr><td>Other (net).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,515</td><td>13,302</td><td>-</td></tr><tr><td>Inventories.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>13</td><td>1</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>1,609</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>726</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>2,191 5/</td><td>-</td><td>-</td><td>-</td><td>-</td><td>45,000</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>6,314</td><td>-</td></tr><tr><td>Acquired security or collateral (net).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>413</td><td>127</td><td>-</td></tr><tr><td>Land, structures, and equipment.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-413</td><td>-127</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>1</td><td>1</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>2,597</td><td>70,000</td><td>60,000</td><td>185,919</td><td>1,686</td><td>433,926</td><td>414</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>-</td><td>-</td><td>-</td><td>65</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>39</td><td>-</td><td>-</td><td>-</td><td>276</td><td>-</td><td>73</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>-</td><td>14</td><td>27</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>147</td><td>26</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>290</td><td>12</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>39</td><td>4</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>174</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>323</td></tr><tr><td>Not guaranteed by the U. S.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>18</td></tr><tr><td>Other liabilities (including reserves).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>802</td><td>23,896</td><td>-</td></tr><tr><td>Total liabilities.</td><td>213</td><td>-</td><td>-</td><td>-</td><td>1,634</td><td>23,965</td><td>414</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>70,000</td><td>60,000</td><td>500,000</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>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-).</td><td>2,384</td><td>-</td><td>-</td><td>-314,081</td><td>52</td><td>409,960 6/</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>2,384</td><td>70,000</td><td>60,000</td><td>185,919</td><td>52</td><td>409,960</td><td>-</td></tr><tr><td>Total liabilities and investment.</td><td>2,597</td><td>70,000</td><td>60,000</td><td>185,919</td><td>1,686</td><td>433,926</td><td>414</td></tr><tr><td colspan="8">ANALYSIS OF UNITED STATES INVESTMENT</td></tr><tr><td>United States investment.</td><td>-</td><td>70,000</td><td>60,000</td><td>500,000</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-).</td><td>2,384</td><td>-</td><td>-</td><td>-314,081</td><td>52</td><td>409,960</td><td>-</td></tr><tr><td>U. S. investment incl. interagency items.</td><td>2,384</td><td>70,000</td><td>60,000</td><td>185,919</td><td>52</td><td>409,960</td><td>-</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>-</td><td>-23</td><td>-</td><td>-</td></tr><tr><td>Due to Government agencies.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>369</td><td>40</td><td>-</td></tr><tr><td>U. S. investment excl. interagency items.</td><td>2,384</td><td>70,000</td><td>60,000</td><td>185,919</td><td>398</td><td>410,000</td><td>-</td></tr></table>
Footnotes at end of Table 8
(Continued on following page)
December 1961
89
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, June 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th>Pennsylvania Canal Company</th><th>Saint Lawrence Seaway Development Corporation</th><th>Small Business Administration Revolving fund</th><th>Small Business Administration Reconstruction Finance Corporation liquidation fund</th><th>Tennessee Valley Authority</th><th>United States Information Agency Informational media guaranty fund</th><th>Veterans' Administration Canteen service 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>5,012</td><td>56</td><td>718</td><td>6</td><td>94</td><td>-</td><td>3,377</td></tr><tr><td>Fund balances with the U. S. Treasury 1/.</td><td>16,476</td><td>90</td><td>232,950</td><td>969</td><td>18,113</td><td>3</td><td>2,471</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>28,500</td><td>-</td><td>-</td></tr><tr><td>Securities of Government enterprises....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>10,700</td><td>-</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-)....</td><td>-</td><td>-</td><td>15,760</td><td>-</td><td>-150</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>41</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>2,409</td><td>-</td><td>432</td><td>94</td><td>9,751</td><td>-</td><td>40</td></tr><tr><td>Other (net).........................</td><td>3,330</td><td>786</td><td>625</td><td>39</td><td>13,507</td><td>-</td><td>495</td></tr><tr><td>Inventories............................</td><td>8,860</td><td>118</td><td>-</td><td>-</td><td>39,208</td><td>-</td><td>4,568</td></tr><tr><td>Allowance for losses (-).................</td><td>-929</td><td>-</td><td>-</td><td>-</td><td>-597</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>68</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>2,382</td><td>40</td><td>5</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>462,280</td><td>3,750</td><td>-</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>-14,691</td><td>-902</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-).................</td><td>-</td><td>-</td><td>1,153</td><td>337</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net)....</td><td>712,355</td><td>126,354</td><td>-</td><td>-</td><td>2,480,830</td><td>-</td><td>6,307</td></tr><tr><td>Land, structures, and equipment........</td><td>-282,796</td><td>-</td><td>-</td><td>-</td><td>-496,683</td><td>-</td><td>-3,011</td></tr><tr><td>Accumulated depreciation (-)............</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2,479</td><td>-</td></tr><tr><td>Foreign currencies.......................</td><td>-</td><td>635</td><td>260</td><td>15</td><td>172,509</td><td>-</td><td>10</td></tr><tr><td>Other assets (net)......................</td><td>9,342</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total assets.........................</td><td>474,058</td><td>128,039</td><td>701,870</td><td>4,348</td><td>2,275,896</td><td>2,482</td><td>14,257</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>574</td><td>416</td><td>-</td><td>-</td><td>1,372</td><td>-</td><td>72</td></tr><tr><td>Other.................................</td><td>3,596</td><td>99</td><td>58</td><td>7</td><td>48,870</td><td>-</td><td>927</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>903</td><td>2,222</td><td>14,249</td><td>-</td><td>-</td><td>561</td><td>-</td></tr><tr><td>Other.................................</td><td>3,028</td><td>36</td><td>9</td><td>9</td><td>280</td><td>-</td><td>438</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>451</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>881</td><td>-</td><td>-</td><td>-</td><td>2,211</td><td>-</td><td>251</td></tr><tr><td>Other.................................</td><td>35</td><td>*</td><td>180</td><td>67</td><td>1,813</td><td>-</td><td>346</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>50,000</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the U. S.............</td><td>11,982</td><td>259</td><td>1,252</td><td>8</td><td>11,623</td><td>415</td><td>827</td></tr><tr><td>Other liabilities (including reserves)...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>977</td><td>-</td></tr><tr><td>Total liabilities......................</td><td>21,450</td><td>3,032</td><td>15,748 2/</td><td>92</td><td>116,169</td><td>-</td><td>2,891</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>120,547</td><td>-</td><td>-</td><td>-</td><td>20,018</td><td>-</td></tr><tr><td>Borrowings from the U. S. Treasury.....</td><td>-</td><td>8,953</td><td>447,895</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.................................</td><td>330,465</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>292,105</td><td>-</td><td>1,760,129</td><td>-</td><td>-</td></tr><tr><td>Appropriations.........................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>46,895</td><td>-</td><td>362</td></tr><tr><td>Capitalization of assets (nat)...........</td><td>-</td><td>204</td><td>-</td><td>7,997</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.................................</td><td>122,143</td><td>-4,696</td><td>-53,878</td><td>-2,840</td><td>352,704 7/</td><td>-18,512</td><td>11,004</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>452,608</td><td>125,007</td><td>686,122</td><td>4,257</td><td>2,159,727</td><td>1,506</td><td>11,366</td></tr><tr><td>Total liabilities and investment.........</td><td>474,058</td><td>128,039</td><td>701,870</td><td>4,348</td><td>2,275,896</td><td>2,482</td><td>14,257</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>330,465</td><td>129,703</td><td>740,000</td><td>7,097</td><td>1,807,024</td><td>20,018</td><td>36</td></tr><tr><td>Accumulated net income, or deficit (-)...</td><td>122,143</td><td>-4,696</td><td>-53,878</td><td>-2,840</td><td>352,704</td><td>-18,512</td><td>11,004</td></tr><tr><td>U. S. investment incl. interagency items.</td><td>452,608</td><td>125,007</td><td>686,122</td><td>4,257</td><td>2,159,727</td><td>1,506</td><td>11,366</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>-2,409</td><td>-</td><td>-432</td><td>-94</td><td>-20,451</td><td>-</td><td>-4</td></tr><tr><td>Due to Government agencies..............</td><td>2,358</td><td>2,638</td><td>14,249</td><td>-</td><td>3,583</td><td>568</td><td>344</td></tr><tr><td>U. S. investment excl. interagency items.</td><td>452,557</td><td>127,645</td><td>699,939</td><td>4,163</td><td>2,142,860</td><td>-1,47</td><td>11,674</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 2.- Public Enterprise Revolving Funds, June 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th>Direct loans to veterans and reserves</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><th>General Services Administration Abaca fiber program</th></tr><tr><td colspan="8">ASSETS</td></tr><tr><td>Cash in banks, on hand, and in transit. Fund balances with the U. S. Treasury 1/.</td><td>221,639</td><td>1</td><td>974</td><td>233</td><td>186</td><td>2</td><td>101</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>15</td><td>-</td><td>-</td><td>106,280</td><td>301</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>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other (nat.)</td><td>208</td><td>3</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 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>7</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>1,396</td><td>-</td><td>71</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>1,228,652</td><td>-</td><td>1,559</td><td>52</td><td>344</td><td>92</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>2,317</td><td>5</td><td>-</td><td>-</td><td>-</td><td>-</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>4</td><td>-</td><td>6</td><td>-</td><td>-</td></tr><tr><td>Other assets (net)</td><td>4</td><td>-</td><td>4</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total assets</td><td>1,454,216</td><td>25</td><td>2,568</td><td>285</td><td>106,823</td><td>396</td><td>101</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>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>*</td></tr><tr><td>Other</td><td>19,822</td><td>-</td><td>494</td><td>3</td><td>766</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>18,821</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>1</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>1,637</td><td>-</td><td>18,503</td><td>126</td><td>28,678</td><td>-</td><td>-</td></tr><tr><td>Total liabilities</td><td>40,279</td><td>1</td><td>18,998</td><td>129</td><td>29,444</td><td>-</td><td>*</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>1,330,078</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>-</td><td>-</td></tr><tr><td>Appropriations</td><td>-</td><td>-</td><td>4,500</td><td>2,003</td><td>-</td><td>400</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>11,216</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>83,859</td><td>23</td><td>-20,930</td><td>-1,848</td><td>77,379</td><td>-4</td><td>-11,115</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>1,413,937</td><td>23</td><td>-16,430</td><td>155</td><td>77,379</td><td>396</td><td>101</td></tr><tr><td>Total liabilities and investment</td><td>1,454,216</td><td>25</td><td>2,568</td><td>285</td><td>106,823</td><td>396</td><td>101</td></tr><tr><td colspan="8">ANALYSIS OF UNITED STATES INVESTMENT</td></tr><tr><td>United States investment</td><td>1,330,078</td><td>-</td><td>4,500</td><td>2,003</td><td>-</td><td>400</td><td>11,216</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>83,859</td><td>23</td><td>-20,930</td><td>-1,848</td><td>77,379</td><td>-4</td><td>-11,115</td></tr><tr><td>U. S. investment incl. interagency items</td><td>1,413,937</td><td>23</td><td>-16,430</td><td>155</td><td>77,379</td><td>396</td><td>101</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>18,821</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>*</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>1,432,758</td><td>23</td><td>-16,430</td><td>155</td><td>77,379</td><td>396</td><td>101</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
December 1961
91
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section 1 - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, June 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th rowspan="2">Account</th><th colspan="4">General Services Administration - (Continued)</th><th colspan="3">Housing and Home Finance Agency Office of the Administrator</th></tr><tr><th>Federal Facilities Corporation</th><th>Reconstruction Finance Corporation liquidation fund</th><th>Expansion of defense production</th><th>Defense production guarantees</th><th>College housing loans</th><th>Public facility loans</th><th>Public works planning fund</th></tr><tr><td colspan="8">ASSETS</td></tr><tr><td>Cash in banks, on hand, and in transit....</td><td>7</td><td>1</td><td>44</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 1/.</td><td>34</td><td>1,003</td><td>13,530</td><td>6,177</td><td>35,330</td><td>3,900</td><td>19,112</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>2</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>14</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></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>1,524</td><td>6</td><td>232</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other (net).......................</td><td>28</td><td>3,535</td><td>1,601</td><td>26</td><td>53</td><td>24</td><td>-</td></tr><tr><td>Inventories.......................</td><td>399</td><td>-</td><td>1,483,847</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>56</td><td>35</td><td>2</td><td>-</td><td>7,099</td><td>778</td><td>3</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>6,632</td><td>558</td><td>-</td><td>-</td><td>958,048</td><td>55,449</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>-558</td><td>-</td><td>-</td><td>-1,191</td><td>-1,054</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>312</td><td>1,961</td><td>7,608</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Land, structures, and equipment...........</td><td>-303</td><td>-1,372</td><td>-2,612</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>17,456</td><td>-</td><td>-</td><td>-</td><td>11,432</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>8,689</td><td>5,170</td><td>1,521,722</td><td>6,203</td><td>999,339</td><td>59,098</td><td>30,548</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>-</td><td>218</td><td>-</td><td>46</td><td>14</td><td>-</td></tr><tr><td>Other.......................</td><td>3</td><td>-</td><td>2,855</td><td>*</td><td>2</td><td>1</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>122,020</td><td>-</td><td>11,887</td><td>947</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></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>1,725</td><td>232</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>87</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>3</td><td>*</td><td>125,179</td><td>*</td><td>13,660</td><td>1,193</td><td>-</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>1,764,700</td><td>-</td><td>988,225</td><td>60,260</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>515</td><td>-</td><td>-</td><td>-</td><td>36,000</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>8,687</td><td>5,169</td><td>2/</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-</td><td>-</td><td>-368,673</td><td>6,203</td><td>-2,546</td><td>-2,356</td><td>-5,452</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>8,687</td><td>5,169</td><td>1,396,542</td><td>6,203</td><td>985,679</td><td>57,904</td><td>31,548</td></tr><tr><td>Total liabilities and investment.........</td><td>8,689</td><td>5,170</td><td>1,521,722</td><td>6,203</td><td>999,339</td><td>59,098</td><td>31,548</td></tr><tr><td colspan="8">ANALYSIS OF UNITED STATES INVESTMENT</td></tr><tr><td>United States investment................</td><td>8,687</td><td>5,169</td><td>1,765,215</td><td>6,203</td><td>988,225</td><td>60,260</td><td>36,000</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-</td><td>-</td><td>-368,673</td><td>6,203</td><td>-2,546</td><td>-2,356</td><td>-5,452</td></tr><tr><td>U. S. investment incl. interagency items....</td><td>8,687</td><td>5,169</td><td>1,396,542</td><td>6,203</td><td>985,679</td><td>57,904</td><td>30,48</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>-1,524</td><td>-6</td><td>-246</td><td>-</td><td>11,933</td><td>-61</td><td>-</td></tr><tr><td>Due to Government agencies................</td><td>-</td><td>-</td><td>122,238</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>U. S. investment excl. interagency items....</td><td>7,163</td><td>5,163</td><td>1,158,534</td><td>6,203</td><td>997,611</td><td>58,865</td><td>30,48</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page
92
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section 1 - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, June 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th rowspan="2">Account</th><th colspan="4">Office of the Administrator - (Continued)</th><th colspan="2">Federal National Mortgage Association</th><th rowspan="2">Federal Housing Administration</th></tr><tr><th>Liquidating programs</th><th>Urban renewal fund</th><th>Community disposal operations fund</th><th>Housing for the elderly</th><th>Management end liquidating functions</th><th>Special assistance functions</th></tr><tr><td colspan="8">ASSETS</td></tr><tr><td>Cash in banks, on hand, and in transit....</td><td>6</td><td>-</td><td>25</td><td>-</td><td>332</td><td>-</td><td>4,558</td></tr><tr><td>Fund balances with the U. S. Treasury\/. Investments:</td><td>1,271</td><td>105,012</td><td>1,323</td><td>19,791</td><td>5,379</td><td>397</td><td>47,707</td></tr><tr><td>Public debt securities (par value).....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>69,008</td><td>10,448</td><td>757,034</td></tr><tr><td>Securities of Government enterprises.....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>6,493</td></tr><tr><td>Unamortized premium, or discount (-)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-9,460</td></tr><tr><td>Other securities.......................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>465</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>6</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>3,068</td><td>-</td><td>-</td><td>-</td><td>9,486</td><td>11,473</td><td>27</td></tr><tr><td>Government agencies....................</td><td>410</td><td>136</td><td>*</td><td>-</td><td>1,263</td><td>959</td><td>6,183</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 receivable:</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2,936</td></tr><tr><td>On public debt securities................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,038</td><td>427</td><td>85</td></tr><tr><td>On securities of Government enterprises.....</td><td>859</td><td>2,054</td><td>40</td><td>-</td><td>5,888</td><td>8,240</td><td>1,764</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: U. S. dollar loans...............</td><td>20,411</td><td>78,558</td><td>4,345 8/</td><td>-</td><td>1,587,118</td><td>1,828,775</td><td>202,195 10/</td></tr><tr><td>Foreign currency loans..................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-24,066 11/</td><td>-6,556 12/</td><td>-5,839</td></tr><tr><td>Allowance for losses (-)................</td><td>-4,207</td><td>-</td><td>-</td><td>-</td><td>3,954</td><td>8,823</td><td>359,245</td></tr><tr><td>Acquired security or collateral (net).....</td><td>1,473</td><td>-</td><td>-</td><td>-</td><td>648</td><td>-</td><td>3,892</td></tr><tr><td>Land, structures, and equipment (net).....</td><td>6,037</td><td>-</td><td>-</td><td>-</td><td>-341</td><td>-</td><td>-2,129</td></tr><tr><td>Accumulated depreciation (-)............</td><td>-5,821</td><td>-</td><td>-</td><td>-</td><td>3</td><td>-</td><td>-</td></tr><tr><td>Foreign currencies.......................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>45,313</td></tr><tr><td>Other assets (net).......................</td><td>3,185</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total assets.......................</td><td>26,696</td><td>185,760</td><td>5,733</td><td>19,791</td><td>1,659,711</td><td>1,862,788</td><td>1,420,471</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>76</td><td>123</td><td>11</td><td>26</td><td>2,984</td><td>-</td><td>148</td></tr><tr><td>Other.......................</td><td>38</td><td>-</td><td>-</td><td>-</td><td>8</td><td>2</td><td>10,867</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>1,521</td><td>-</td><td>-</td><td>21,393</td><td>33,902</td><td>1,199</td></tr><tr><td>Other.......................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>755</td><td>634</td><td>4,498</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>109</td><td>-</td><td>1,822</td></tr><tr><td>Other.......................</td><td>42</td><td>6,660</td><td>71</td><td>-</td><td>23,092</td><td>15,161</td><td>20,599</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>86,696</td></tr><tr><td>Other: Guaranteed by the U. S............</td><td>-</td><td>-</td><td>-</td><td>-</td><td>26</td><td>-</td><td>133,222</td></tr><tr><td>Not guaranteed by the U. S.............</td><td>-</td><td>-</td><td>-</td><td>-</td><td>708</td><td>-</td><td>-</td></tr><tr><td>Other liabilities (including reserves)....</td><td>47</td><td>-</td><td>3</td><td>-</td><td>-</td><td>-</td><td>179,104</td></tr><tr><td>Total liabilities.......................</td><td>202</td><td>8,304 2/</td><td>85</td><td>26</td><td>49,077</td><td>49,699</td><td>438,216 3/</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>165,000</td><td>-</td><td>-</td><td>1,440,504</td><td>1,761,584</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>1,332,234</td><td>464,500</td><td>-</td><td>20,000</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Appropriations.......................</td><td>277,156</td><td>-</td><td>59,677</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capitalization of assets (net).........</td><td>-388,704</td><td>-</td><td>-55,000</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>-1,194,192</td><td>-452,044</td><td>971</td><td>-235</td><td>170,130</td><td>51,505</td><td>982,254</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>26,494</td><td>177,456</td><td>5,648</td><td>19,765</td><td>1,610,634</td><td>1,813,090</td><td>982,254</td></tr><tr><td>Total liabilities and investment.........</td><td>26,696</td><td>185,760</td><td>5,733</td><td>19,791</td><td>1,659,711</td><td>1,862,788</td><td>1,420,471</td></tr><tr><td colspan="8">ANALYSIS OF UNITED STATES INVESTMENT</td></tr><tr><td>United States investment................</td><td>1,220,686</td><td>629,500</td><td>4,677</td><td>20,000</td><td>1,440,504</td><td>1,761,584</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-1,194,192</td><td>-452,044</td><td>971</td><td>-235</td><td>170,130</td><td>51,505</td><td>982,254</td></tr><tr><td>U. S. investment incl. interagency items..</td><td>26,494</td><td>177,456</td><td>5,648</td><td>19,765</td><td>1,610,634</td><td>1,813,090</td><td>982,254</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>-3,068</td><td>-</td><td>-</td><td>-</td><td>-79,533</td><td>-22,349</td><td>-6,605</td></tr><tr><td>Due to Government agencies................</td><td>76</td><td>1,644</td><td>11</td><td>26</td><td>24,486</td><td>33,902</td><td>89,926</td></tr><tr><td>U. S. investment excl. interagency items..</td><td>23,503</td><td>179,100</td><td>5,659</td><td>19,791</td><td>1,555,587</td><td>1,824,642</td><td>1,065,574</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
December 1961
93
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, June 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th>Housing and Home Finance Agency - (Cont.) Public Housing Administration</th><th>Commodity Credit Corporation</th><th>Federal Crop Insurance Corporation 13/</th><th>Agriculture Department Farmers' Home Administration Disaster loans etc., revolving fund</th><th>Farm tenant mortgage insurance fund</th><th>Expansion of defense production</th><th>Commerce Department 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></tr><tr><td>Cash in banks, on hand, and in transit...</td><td>43</td><td>15,702</td><td>*</td><td>767</td><td>301</td><td>-</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 1/.</td><td>51,308</td><td>29,130</td><td>51,896</td><td>80,068</td><td>1,115</td><td>-</td><td>9</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.....................</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>53</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>962,033</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other (nat).....................</td><td>330</td><td>198,408</td><td>4,255</td><td>274</td><td>1,924</td><td>-</td><td>-</td></tr><tr><td>Inventories.....................</td><td>99</td><td>5,565,111</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)............</td><td>-</td><td>-1,529,726</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>1,048</td><td>3,438</td><td>-</td><td>2,437</td><td>556</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>30,200</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: U. S. dollar loans............</td><td>97,483</td><td>1,522,765 14/</td><td>-</td><td>54,270</td><td>35,822</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>-1,353</td><td>-326,105</td><td>-</td><td>-14,761</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net)....</td><td>-</td><td>-</td><td>-</td><td>53</td><td>159</td><td>-</td><td>-</td></tr><tr><td>Land, structures, and equipment........</td><td>8,293</td><td>244,765</td><td>446</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated depreciation (-)........</td><td>-3,775</td><td>-127,248</td><td>-446</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>18</td><td>352,191</td><td>-</td><td>211</td><td>5</td><td>-</td><td>-</td></tr><tr><td>Total assets.....................</td><td>153,548</td><td>6,940,665</td><td>56,151</td><td>123,319</td><td>39,881</td><td>-</td><td>9</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>82</td><td>12,132</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.....................</td><td>49,958</td><td>117,155</td><td>147</td><td>*</td><td>6</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>231</td><td>-</td><td>33</td><td>7</td><td>-</td><td>5,836</td><td>-</td></tr><tr><td>Other.....................</td><td>757</td><td>215,218</td><td>1,237</td><td>167</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>399</td><td>98,825</td><td>137</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.....................</td><td>63</td><td>79,929</td><td>5</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>2,217</td><td>1,002,913 14/</td><td>6,944</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total liabilities..................</td><td>53,707 2/</td><td>1,526,171</td><td>8,504</td><td>174</td><td>7 2/</td><td>5,836</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>100,000</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Borrowings from the U. S. Treasury....</td><td>32,000</td><td>11,534,000</td><td>-</td><td>-</td><td>29,390</td><td>64,578</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>1,000</td><td>-</td><td>40,000</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Appropriations.....................</td><td>1,000,550</td><td>-</td><td>126,980</td><td>205,494</td><td>1,000</td><td>-</td><td>-</td></tr><tr><td>Capitalization of assets (net)........</td><td>246,517</td><td>-</td><td>-</td><td>364</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.....................</td><td>-</td><td>-</td><td>-387</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-1,180,226</td><td>-6,219,506</td><td>-118,945</td><td>-82,713</td><td>9,485</td><td>-70,414</td><td>9</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>99,841</td><td>5,414,494</td><td>47,648</td><td>123,145</td><td>39,875</td><td>-5,836</td><td>9</td></tr><tr><td>Total liabilities and investment........</td><td>153,548</td><td>6,940,665</td><td>56,151</td><td>123,319</td><td>39,881</td><td>-</td><td>9</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>1,280,067</td><td>11,634,000</td><td>166,593</td><td>205,858</td><td>30,390</td><td>64,578</td><td>9</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-1,180,226</td><td>-6,219,506</td><td>-118,945</td><td>-82,713</td><td>9,485</td><td>-70,414</td><td>9</td></tr><tr><td>U. S. investment incl. interagency items.</td><td>99,841</td><td>5,414,494</td><td>47,648</td><td>123,145</td><td>39,875</td><td>-5,836</td><td>9</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>-992,233</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Due to Government agencies................</td><td>711</td><td>110,957</td><td>171</td><td>7</td><td>-</td><td>5,836</td><td>-</td></tr><tr><td>U. S. investment excl. interagency items....</td><td>100,553</td><td>4,533,217</td><td>47,819</td><td>123,152</td><td>39,875</td><td>-</td><td>9</td></tr></table>
Footnotes at end of Table 3.
(Continued on following page)
94
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, June 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th colspan="2">Commerce Department - (Continued)</th><th colspan="3">Maritime activities</th><th colspan="3">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>Interservice activities Wherry Act housing</th><th>Air Force Department Defense production guarantees</th><th>Army Department Defense housing</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>818</td><td>14</td><td>850</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 1/.</td><td>4,411</td><td>11,828</td><td>2,315</td><td>7,862</td><td>130,366</td><td>10,179</td><td>61</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.......................</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>45</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>470</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other (net).......................</td><td>3</td><td>1,828</td><td>102</td><td>5</td><td>5,230</td><td>-</td><td>46</td></tr><tr><td>Inventories.......................</td><td>3</td><td>4,398</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>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.......................</td><td>46</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>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: U. S. dollar loans....................</td><td>4,006</td><td>-</td><td>-</td><td>5,004</td><td>-</td><td>3,446</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>-696</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>740,509</td><td>-</td><td>-</td></tr><tr><td>Land, structures, and equipment....................</td><td>4,502</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>67</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>12,275</td><td>22,954</td><td>2,431</td><td>13,721</td><td>876,105</td><td>13,625</td><td>107</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>12</td><td>283</td><td>-</td><td>-</td><td>-</td><td>-</td><td>53</td></tr><tr><td>Other.......................</td><td>2</td><td>679</td><td>83</td><td>-</td><td>1,346</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>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.......................</td><td>-</td><td>-</td><td>-</td><td>1</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>1</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>6,723</td><td>296</td><td>-</td><td>47</td><td>505,683</td><td>-</td><td>-</td></tr><tr><td>Total liabilities....................</td><td>6,737 2/</td><td>1,258</td><td>84</td><td>48</td><td>507,029</td><td>-</td><td>53</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>1,400</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>-</td><td>-</td></tr><tr><td>Appropriations....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>247,000</td><td>-</td><td>-</td></tr><tr><td>Capitalization of estate (net)....</td><td>-</td><td>-625</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>4,138</td><td>22,321</td><td>2,347</td><td>-13,625</td><td>122,076</td><td>13,625</td><td>54</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>5,538</td><td>21,697</td><td>2,347</td><td>13,673</td><td>369,076</td><td>13,625</td><td>54</td></tr><tr><td>Total liabilities and investment....................</td><td>12,275</td><td>22,954</td><td>2,431</td><td>13,721</td><td>876,105</td><td>13,625</td><td>107</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>-625</td><td>-</td><td>27,298</td><td>247,000</td><td>-</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>4,138</td><td>22,321</td><td>2,347</td><td>-13,625</td><td>122,076</td><td>13,625</td><td>54</td></tr><tr><td>U. S. investment incl. interagency items.</td><td>5,538</td><td>21,697</td><td>2,347</td><td>13,673</td><td>369,076</td><td>13,625</td><td>54</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>-3,970</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Due to Government agencies....................</td><td>12</td><td>283</td><td>-</td><td>-</td><td>-</td><td>-</td><td>53</td></tr><tr><td>U. S. investment excl. interagency items.</td><td>5,550</td><td>18,010</td><td>2,347</td><td>13,673</td><td>369,076</td><td>13,625</td><td>107</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
December 1961
95
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section 1 - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, June 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th rowspan="2">Account</th><th colspan="3">Defense Department - (Continued)</th><th colspan="2">HEW Department</th><th rowspan="2">Interior Department Bureau of Indian Affairs Liquidation of Hoonah housing project</th></tr><tr><th>Army Department - (Continued) Defense production guarantees</th><th>Defense housing</th><th>Navy Department Laundry service, Naval Academy</th><th>Defense production guarantees</th><th>Public Health Service Operation of commissaries, narcotic hospitale</th><th>Social Security Administration Bureau of Federal Credit Unions</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>2,972</td><td>391</td><td>73</td><td>8,606</td><td>50</td><td>41 1,137</td><td>108</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.....................</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>13</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>8</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies..................</td><td>-</td><td>-</td><td>4</td><td>-</td><td>9</td><td>419</td><td>-</td></tr><tr><td>Other (net).......................</td><td>-</td><td>-</td><td>14</td><td>-</td><td>21</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></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>1,667</td><td>-</td><td>-</td><td>173</td></tr><tr><td>Other: U. S. dollar loans...............</td><td>2,453</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>322</td><td>-</td><td>25</td><td>264</td><td>-</td></tr><tr><td>Land, structures, and equipment.........</td><td>-</td><td>-</td><td>-162</td><td>-</td><td>-19</td><td>-125</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>2</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>5,425</td><td>391</td><td>260</td><td>10,273</td><td>88</td><td>1,749</td><td>281</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>4</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.......................</td><td>-</td><td>-</td><td>29</td><td>-</td><td>20</td><td>22</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>1</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.......................</td><td>-</td><td>-</td><td>9</td><td>-</td><td>-</td><td>218</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>136</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>24</td><td>-</td><td>7</td><td>327</td><td>-</td></tr><tr><td>Other liabilities (including reserves)....</td><td>-</td><td>-</td><td>67</td><td>-</td><td>26</td><td>703</td><td>-</td></tr><tr><td>Total liabilities....................</td><td>-</td><td>-</td><td>-</td><td>-</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></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>-</td><td>-</td><td>-</td><td>10</td><td>-</td><td>-</td></tr><tr><td>Appropriations.......................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2</td><td>2</td><td>-</td></tr><tr><td>Capitalization of assets (net).........</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>240</td></tr><tr><td>Other.......................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>41</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>5,425</td><td>391</td><td>193</td><td>10,273</td><td>50</td><td>1,044</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>5,425</td><td>391</td><td>193</td><td>10,273</td><td>62</td><td>1,046</td><td>281</td></tr><tr><td>Total liabilities and investment.........</td><td>5,425</td><td>391</td><td>260</td><td>10,273</td><td>88</td><td>1,749</td><td>281</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>-</td><td>-</td><td>-</td><td>-</td><td>12</td><td>2</td><td>240</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>5,425</td><td>391</td><td>193</td><td>10,273</td><td>50</td><td>1,044</td><td>41</td></tr><tr><td>U. S. investment incl. interagency items.</td><td>5,425</td><td>391</td><td>193</td><td>10,273</td><td>62</td><td>1,046</td><td>281</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>-8</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Due to Government agencies................</td><td>-</td><td>-</td><td>4</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>U. S. investment excl. interagency items..</td><td>5,425</td><td>391</td><td>189</td><td>10,273</td><td>62</td><td>1,046</td><td>281</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
96
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, June 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th rowspan="2">Account</th><th>Bureau of Indian Affairs-(Continued) Revolving fund for loans</th><th>Bureau of Reclamation Fund for emergency expenses, Fort Peck project, Mont.</th><th>Upper Colorado River Basin fund</th><th>Bureau of Mines Development end operation of helium properties</th><th>Bureau of Commercial Fisheries Fisheries loan fund</th><th>Federal ship mortgage insurance fund, fishing vessels</th><th>Office of Territories Loans to private trading enterprises</th></tr><tr><th colspan="7">Interior Department - (Continued)</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>38</td><td>-</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 1/.</td><td>4,196</td><td>768</td><td>72,197</td><td>6,889</td><td>6,307</td><td>3</td><td>207</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.......................</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>25</td><td>-</td><td>2</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies....................</td><td>-</td><td>2</td><td>22</td><td>527</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accounts and notes receivable:</td><td></td><td>28</td><td>68</td><td>73</td><td>18</td><td>-</td><td>-</td></tr><tr><td>Government agencies....................</td><td>-</td><td>90</td><td>252</td><td>1,022</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 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>95</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>10,347</td><td>-</td><td>-</td><td>-</td><td>6,507</td><td>-</td><td>144</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>-3,167</td><td>-</td><td>-</td><td>-</td><td>-159</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>16,850</td><td>28,402</td><td>39,875</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Land, structures, and equipment....................</td><td>-</td><td>-673</td><td>-3,334</td><td>-13,636</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>103</td><td>178,854</td><td>8,080</td><td>24</td><td>-</td><td>-</td></tr><tr><td>Other assets (net)....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>3</td><td>-</td></tr><tr><td>Total assets....................</td><td>11,375</td><td>17,194</td><td>276,462</td><td>42,831</td><td>12,830</td><td>3</td><td>351</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>12</td><td>384</td><td>14</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>32</td><td>8,800</td><td>610</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>-</td><td>10</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>8</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>1</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>-</td><td>-</td><td>236</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>6</td><td>6,194</td><td>223</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>-</td><td>-</td><td>5</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>432</td><td>39</td><td>1</td><td>-</td></tr><tr><td>Other liabilities (including reserves)....</td><td>-</td><td>50</td><td>15,379</td><td>1,521</td><td>57</td><td>1</td><td>-</td></tr><tr><td>Total liabilities....................</td><td>-</td><td>50</td><td>15,379</td><td>1,521</td><td>57</td><td>1</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>-</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>41,299</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>13,799</td><td>1,550</td><td>249,923</td><td>-</td><td>13,000</td><td>-</td><td>333</td></tr><tr><td>Appropriations....................</td><td>-</td><td>1,715</td><td>11,160</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capitalization of assets (net)......</td><td>2,767</td><td>1,953</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>11,926</td><td>-</td><td>11</td><td>-228</td><td>3</td><td>18</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-5,190</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>11,375</td><td>17,144</td><td>261,083</td><td>41,310</td><td>12,772</td><td>3</td><td>351</td></tr><tr><td>Total liabilities and investment........</td><td>11,375</td><td>17,194</td><td>276,462</td><td>42,831</td><td>12,830</td><td>3</td><td>351</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>16,566</td><td>5,218</td><td>261,083</td><td>41,299</td><td>13,000</td><td>-</td><td>333</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-5,190</td><td>11,926</td><td>-</td><td>11</td><td>-228</td><td>3</td><td>18</td></tr><tr><td>U. S. investment incl. interagency items.</td><td>11,375</td><td>17,144</td><td>261,083</td><td>41,310</td><td>12,772</td><td>3</td><td>351</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>-28</td><td>-22</td><td>-527</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Due to Government agencies........</td><td>-</td><td>12</td><td>384</td><td>238</td><td>10</td><td>-</td><td>-</td></tr><tr><td>U. S. investment excl. interagency items.</td><td>11,375</td><td>17,128</td><td>261,446</td><td>41,021</td><td>12,782</td><td>3</td><td>351</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
December 1961
97
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, June 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th colspan="3">Interior Department - (Continued)</th><th colspan="2">Labor Department</th><th>Post Office Department</th><th>Treasury Department</th></tr><tr><th></th><th>Virgin Islands Corporation</th><th>Alaska Railroad</th><th>Expansion of defense production</th><th>Bureau of Employment Security</th><th>Advances to unemployment trust fund 12/</th><th>Postal fund 16/</th><th>Office of the Secretary</th></tr><tr><th></th><th colspan="2">Alaska Railroad revolving fund</th><th colspan="2">Firm labor supply revolving fund</th><th colspan="2">RFC liquidation 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>1</td><td>5</td><td>-</td><td>17</td><td>-</td><td>135,577</td><td>9</td></tr><tr><td>Fund balances with the U. S. Treasury 1/.</td><td>232</td><td>7,150</td><td>1,092</td><td>2,665</td><td>219,410</td><td>197,832</td><td>1,775</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></td><td></td><td></td><td>7,042</td><td></td></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>5,224</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>Accounts and notes receivable:</td><td></td><td></td><td></td><td></td><td></td><td>27,822</td><td>1</td></tr><tr><td>Government agencies.</td><td>131</td><td>1,128</td><td>-</td><td>8</td><td>-</td><td>32,738</td><td>6</td></tr><tr><td>Other (net).</td><td>430</td><td>764</td><td>-</td><td>-</td><td>-</td><td>6,186</td><td>-</td></tr><tr><td>Inventories.</td><td>3,162</td><td>3,666</td><td>-</td><td>102</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>82</td><td>-</td><td>193</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>51,500</td><td>-</td><td>14,601</td></tr><tr><td>Government agencies.</td><td>120</td><td>-</td><td>13,295</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>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currency loans.</td><td>-</td><td>-</td><td>-11,035</td><td>-</td><td>-</td><td>-</td><td>-7,850</td></tr><tr><td>Allowance for losses (-).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>172</td></tr><tr><td>Acquired security or collateral (net).</td><td>10,187</td><td>132,808</td><td>-</td><td>514</td><td>-</td><td>1,023,477 17</td><td>-</td></tr><tr><td>Land, structures, and equipment (net).</td><td>-2,912</td><td>-21,928</td><td>-</td><td>-137</td><td>-</td><td>-431,520</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>871</td><td>1,809</td><td>-</td><td>170</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>12,222</td><td>125,403</td><td>3,352</td><td>3,339</td><td>270,992</td><td>1,004,358 18</td><td>8,919</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>54,463</td><td>*</td></tr><tr><td>Government agencies.</td><td>4</td><td>132</td><td>-</td><td>225</td><td>-</td><td>138,758</td><td>12</td></tr><tr><td>Other.</td><td>165</td><td>383</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>354</td><td>5</td><td>1,800</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>337</td><td>575</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>225</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>11</td><td>303</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>78</td><td>72</td><td>-</td><td>-</td><td>-</td><td>-</td><td>130</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>215</td><td>-</td><td>47,558</td><td>13</td></tr><tr><td>Other liabilities (including reserves).</td><td>290</td><td>810</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total liabilities.</td><td>1,239</td><td>2,280</td><td>1,801</td><td>666</td><td>-</td><td>240,780 19</td><td>155</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>594</td><td>-</td><td>32,000</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Borrowings from the U. S. Treasury.</td><td>10,171 20/</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>776</td><td>167,285</td><td>-</td><td>-</td><td>268,000</td><td>-</td><td>-</td></tr><tr><td>Appropriations.</td><td>-</td><td>18,793</td><td>-</td><td>478</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capitalization of assets (net).</td><td>-</td><td>-63,764</td><td>-</td><td>-</td><td>-</td><td>1,537,559</td><td>8,765 2/</td></tr><tr><td>Other.</td><td>-</td><td>809</td><td>-30,449</td><td>2,195</td><td>2,992</td><td>-773,980</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-).</td><td>-558</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Deposite 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>10,983</td><td>123,124</td><td>1,551</td><td>2,673</td><td>270,992</td><td>763,578</td><td>8,765</td></tr><tr><td>Total liabilities and investment.</td><td>12,222</td><td>125,403</td><td>3,352</td><td>3,339</td><td>270,992</td><td>1,004,358</td><td>8,714</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>11,540</td><td>122,314</td><td>32,000</td><td>478</td><td>268,000</td><td>1,537,559</td><td>8,765</td></tr><tr><td>Accumulated net income, or deficit (-).</td><td>-558</td><td>809</td><td>-30,449</td><td>2,195</td><td>2,992</td><td>-773,980</td><td>-</td></tr><tr><td>U. S. investment incl. interagency items.</td><td>10,983</td><td>123,124</td><td>1,551</td><td>2,673</td><td>270,992</td><td>763,578</td><td>8,765</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>-131</td><td>-1,128</td><td>-</td><td>*</td><td>-51,500</td><td>-34,864</td><td>-1</td></tr><tr><td>Due to Government agencies.</td><td>369</td><td>440</td><td>1,801</td><td>-</td><td>-</td><td>54,463</td><td>*</td></tr><tr><td>U. S. investment excl. interagency items.</td><td>11,221</td><td>122,435</td><td>3,352</td><td>2,673</td><td>219,492</td><td>783,178</td><td>8,764</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
98
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, June 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th>Office of the Secretary - (Cont.)</th><th>Bureau of Accounts</th><th>Office of the Treasurer</th><th>Expansion of defense production</th></tr><tr><td colspan="5">Treasury Department - (Continued)</td></tr><tr><td colspan="2">Civil defense loans</td><td>Fund for payment of Government losses in shipment</td><td>Treasurer of the U. S., check forgery insurance fund</td><td></td></tr><tr><th colspan="5">ASSETS</th></tr><tr><td>Cash in banks, on hand, and in transit.</td><td>*</td><td>-</td><td>-</td><td>10</td></tr><tr><td>Fund balances with the U. S. Treasury</td><td>16</td><td>92</td><td>1</td><td>31</td></tr><tr><th colspan="5">Investments:</th></tr><tr><td>Public debt securities (par value).</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></tr><tr><td>Unamortised premium, or discount (-).</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other securities.</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><th colspan="5">Advances to contractors and agents:</th></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><th colspan="5">Accounts and notes receivable:</th></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other (net).</td><td>-</td><td>-</td><td>39</td><td>16</td></tr><tr><th colspan="5">Inventories.</th></tr><tr><td>Allowance for losses (-).</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><th colspan="5">Accrued interest receivable:</th></tr><tr><td>On public debt securities.</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></tr><tr><td>Other.</td><td>2</td><td>-</td><td>-</td><td>2,036</td></tr><tr><th colspan="5">Loans receivable:</th></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: U. S. dollar loans.</td><td>798</td><td>-</td><td>-</td><td>121,586</td></tr><tr><td>Foreign currency loans.</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-).</td><td>-</td><td>-</td><td>-</td><td>-7,750</td></tr><tr><td>Acquired security or collateral (net).</td><td>-</td><td>-</td><td>-</td><td>150</td></tr><tr><td>Land, structures, and equipment.</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated depreciation (-).</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currencies.</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other assets (net).</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total assets.</td><td>817</td><td>92</td><td>40</td><td>116,078</td></tr><tr><th colspan="5">LIABILITIES</th></tr><tr><th colspan="5">Accounts payable:</th></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>-</td><td>2</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>*</td></tr><tr><th colspan="5">Accrued liabilities:</th></tr><tr><td>Government agencies.</td><td>10</td><td>-</td><td>-</td><td>1,626</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><th colspan="5">Advances from:</th></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><th colspan="5">Trust and deposit liabilities:</th></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><th colspan="5">Bonds, debentures, and notes payable:</th></tr><tr><td>Government agencies.</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></tr><tr><td>Not guaranteed by the U. S.</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other liabilities (including reserves).</td><td>-</td><td>-</td><td>-</td><td>22</td></tr><tr><td>Total liabilities.</td><td>10</td><td>-</td><td>-</td><td>1,650 3/</td></tr><tr><th colspan="5">NET INVESTMENT</th></tr><tr><th colspan="5">United States interest:</th></tr><tr><th colspan="5">Interest-bearing investment:</th></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>440</td><td>-</td><td>-</td><td>92,600</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><th colspan="5">Noninterest-bearing investment:</th></tr><tr><td>Capital stock.</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Appropriations.</td><td>-</td><td>802</td><td>50</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>242</td><td>-</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-).</td><td>367</td><td>-952</td><td>-10</td><td>21,829</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>807</td><td>92</td><td>40</td><td>114,429</td></tr><tr><td>Total liabilities and investment.</td><td>817</td><td>92</td><td>40</td><td>116,078</td></tr><tr><th colspan="5">ANALYSIS OF UNITED STATES INVESTMENT</th></tr><tr><td>United States investment.</td><td>440</td><td>1,044</td><td>50</td><td>92,600</td></tr><tr><td>Accumulated net income, or deficit (-).</td><td>367</td><td>-952</td><td>-10</td><td>21,829</td></tr><tr><td>U. S. investment incl. interagency items.</td><td>807</td><td>92</td><td>40</td><td>114,429</td></tr><tr><th colspan="5">Interagency items:</th></tr><tr><td>Due from Government agencies (-).</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Due to Government agencies.</td><td>10</td><td>-</td><td>-</td><td>1,628</td></tr><tr><td>U. S. investment excl. interagency items.</td><td>817</td><td>92</td><td>40</td><td>116,057</td></tr></table>
Footnotes at end of Table 8.
December 1961
99
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition Table 3. - Intragovernmental Revolving Funds, June 30, 1961
(In thousands of dollars)
<table><tr><th>Account</th><th>Total</th><th>Legislative Branch Government Printing Office</th><th>Civil Service Commission Investigationa</th><th>Veterans' Administration Supply fund</th><th colspan="3">General Services Administration</th></tr><tr><th></th><th></th><th></th><th></th><th></th><th>Administrative expenses, foreign aid procurements</th><th>Buildings management fund</th><th>General supply 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>38,113</td><td>1,459</td><td>-</td><td>463</td><td>-</td><td>21</td><td>780</td></tr><tr><td>Fund balances with the U. S. Treasury 1/....</td><td>1,490,027</td><td>8,659</td><td>2,919</td><td>9,673</td><td>218</td><td>18,310</td><td>38,489</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>87</td></tr><tr><td>Government agencies....................</td><td>177</td><td>-</td><td>-</td><td>88</td><td>-</td><td>-</td><td>2</td></tr><tr><td>Other....................</td><td>8,253</td><td>-</td><td>53</td><td>3</td><td>-</td><td>4</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>64,658</td><td>12,479</td><td>1,074</td><td>7,911</td><td>-</td><td>11,237</td><td>47,310</td></tr><tr><td>Other (net)....................</td><td>48,368</td><td>8</td><td>1</td><td>77</td><td>-</td><td>113</td><td>1,510</td></tr><tr><td>Inventories....................</td><td>7,088,244</td><td>22,811</td><td>1,071</td><td>31,339</td><td>-</td><td>9,528</td><td>66,405</td></tr><tr><td>Allowance for losses (-)....................</td><td>-59</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>490,964</td><td>31,278</td><td>666</td><td>310</td><td>-</td><td>13,209</td><td>37,930</td></tr><tr><td>Land, structures, and equipment.........</td><td>-216,297</td><td>-12,310</td><td>-463</td><td>-109</td><td>-</td><td>-10,447</td><td>-11,947</td></tr><tr><td>Accumulated depreciation (-)............</td><td>43,705</td><td>112</td><td>-</td><td>-</td><td>-</td><td>269</td><td>142</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>9,635,153</td><td>64,496</td><td>5,320</td><td>49,756</td><td>218</td><td>42,240</td><td>180,707</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>236,534</td><td>72</td><td>3</td><td>1,133</td><td>-</td><td>2,116</td><td>1,912</td></tr><tr><td>Other....................</td><td>276,065</td><td>2,880</td><td>5</td><td>8,467</td><td>1</td><td>19,718</td><td>20,070</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>1,887</td><td>53</td><td>33</td><td>3</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>80,056</td><td>743</td><td>584</td><td>512</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>46,011</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1</td><td>28,808</td></tr><tr><td>Other....................</td><td>10,513</td><td>1,165</td><td>-</td><td>-</td><td>-</td><td>-</td><td>22</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>2,647</td><td>1,674</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>195</td><td>109</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>230,992</td><td>3,240</td><td>668</td><td>-</td><td>-</td><td>21,628</td><td>672</td></tr><tr><td>Total liabilities....................</td><td>884,900</td><td>9,937</td><td>1,292</td><td>10,116</td><td>1</td><td>43,463</td><td>51,484</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>-1,573,909 2/</td><td>1,000</td><td>4,000</td><td>-</td><td>-</td><td>3,500</td><td>115,750</td></tr><tr><td>Appropriations....................</td><td>14,653,875</td><td>33,815</td><td>-</td><td>39,669</td><td>-</td><td>4,384</td><td>9,969</td></tr><tr><td>Capitalization of assets (net)........</td><td>8,880</td><td>9,085</td><td>-</td><td>-</td><td>-</td><td>-8,544</td><td>-141</td></tr><tr><td>Other....................</td><td>-4,338,593</td><td>10,658</td><td>27</td><td>-29</td><td>217</td><td>-564</td><td>3,685</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>8,750,253</td><td>54,559</td><td>4,027</td><td>39,640</td><td>217</td><td>-1,223</td><td>1,122</td></tr><tr><td>Total liabilities and investment........</td><td>9,635,153</td><td>64,496</td><td>5,320</td><td>49,756</td><td>218</td><td>42,240</td><td>180,707</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>13,088,846</td><td>43,901</td><td>4,000</td><td>39,669</td><td>-</td><td>-659</td><td>1,5,538</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-4,338,593</td><td>10,658</td><td>27</td><td>-29</td><td>217</td><td>-564</td><td>3,685</td></tr><tr><td>Total United States investment including interagency items....................</td><td>8,750,253</td><td>54,559</td><td>4,027</td><td>39,640</td><td>217</td><td>-1,223</td><td>1,24,21</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>-643,835</td><td>-12,479</td><td>-1,074</td><td>-7,998</td><td>-</td><td>-11,237</td><td>-47,340</td></tr><tr><td>Due to Government agencies....................</td><td>287,080</td><td>1,800</td><td>35</td><td>1,137</td><td>-</td><td>2,117</td><td>3,720</td></tr><tr><td>Total United States investment after exclusion of interagency items........</td><td>8,393,498</td><td>43,880</td><td>2,989</td><td>32,778</td><td>217</td><td>-10,343</td><td>11,747</td></tr></table>
Footnotes at end of Table 8
(Continued on following page)
100
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 3. - Intragovernmental Revolving Funds, June 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th rowspan="2">Account</th><th colspan="2">General Services Administration - (Continued)</th><th colspan="3">Agriculture Department</th><th colspan="2">Commerce Department</th></tr><tr><th>Construction services, public buildings</th><th>Working capital fund</th><th>Agricultural Research Service working capital fund</th><th>Forest Service working capital fund</th><th>Working capital fund</th><th>National Bureau of Standards working capital fund</th><th>Working capital 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>4</td><td>-</td><td>58</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Fund balances with the U.S. Treasury 1/..</td><td>647</td><td>160</td><td>459</td><td>3,003</td><td>301</td><td>9,449</td><td>213</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>-</td><td>-</td><td>-</td><td>4</td><td>4</td><td>3</td><td>-</td></tr><tr><td>Other....................</td><td>*</td><td>*</td><td>-</td><td>-</td><td>-</td><td>73</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>795</td><td>59</td><td>539</td><td>2,604</td><td>508</td><td>4,997</td><td>390</td></tr><tr><td>Other (net)....................</td><td>1</td><td>-</td><td>1</td><td>53</td><td>32</td><td>412</td><td>-</td></tr><tr><td>Inventories....................</td><td>-</td><td>62</td><td>97</td><td>3,360</td><td>286</td><td>3,424</td><td>108</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>362</td><td>569</td><td>36,269</td><td>930</td><td>62,318</td><td>609</td></tr><tr><td>Land, structures, and equipment........</td><td>-</td><td>-142</td><td>-325</td><td>-17,631</td><td>-545</td><td>-19,922</td><td>-313</td></tr><tr><td>Accumulated depreciation (-)...........</td><td>-</td><td>-</td><td>-</td><td>18</td><td>17</td><td>2,256</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>1,443</td><td>500</td><td>1,340</td><td>27,740</td><td>1,535</td><td>63,011</td><td>1,008</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>110</td><td>33</td><td>49</td><td>1,055</td><td>100</td><td>75</td><td>-</td></tr><tr><td>Other....................</td><td>453</td><td>88</td><td>138</td><td>1,577</td><td>71</td><td>1,260</td><td>197</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>26</td><td>4</td><td>1,684</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>-</td><td>192</td><td>481</td><td>107</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>225</td><td>21</td><td>-</td><td>242</td><td>-</td><td>8,098</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>-</td><td>-</td><td>1</td><td>-</td><td>4</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>64</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>-</td><td>7</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>900</td><td>86</td><td>237</td><td>496</td><td>216</td><td>2,367</td><td>113</td></tr><tr><td>Total liabilities.....................</td><td>1,689</td><td>228</td><td>686</td><td>3,878</td><td>498</td><td>13,488</td><td>310</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>50</td><td>300</td><td>-</td><td>400</td><td>6,825</td><td>100</td></tr><tr><td>Appropriations.........................</td><td>-</td><td>213</td><td>262</td><td>20,182</td><td>525</td><td>42,659</td><td>452</td></tr><tr><td>Capitalization of assets (net).........</td><td>-450</td><td>-9</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>204</td><td>17</td><td>92</td><td>3,681</td><td>111</td><td>39</td><td>345</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>-246</td><td>271</td><td>653</td><td>23,862</td><td>1,036</td><td>49,523</td><td>698</td></tr><tr><td>Total liabilities and investment.........</td><td>1,443</td><td>500</td><td>1,340</td><td>27,740</td><td>1,535</td><td>63,011</td><td>1,008</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>-450</td><td>254</td><td>562</td><td>20,182</td><td>925</td><td>49,484</td><td>352</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>204</td><td>17</td><td>92</td><td>3,681</td><td>111</td><td>39</td><td>345</td></tr><tr><td>Total United States investment including interagency items.....................</td><td>-246</td><td>271</td><td>653</td><td>23,862</td><td>1,036</td><td>49,523</td><td>698</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>-795</td><td>-59</td><td>-539</td><td>-2,604</td><td>-508</td><td>-5,000</td><td>-340</td></tr><tr><td>Due to Government agencies.............</td><td>335</td><td>54</td><td>113</td><td>1,323</td><td>105</td><td>9,857</td><td>-</td></tr><tr><td>Total United States investment after exclusion of interagency items............</td><td>-705</td><td>267</td><td>227</td><td>22,481</td><td>633</td><td>44,380</td><td>307</td></tr></table>
Footnotes at end of Table 2.
(Continued on following page)
December 1961
101
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section 1 - Statements of Financial Condition
Table 3.- Intragovernmental Revolving Funds, June 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th rowspan="2">Account</th><th colspan="2">Air Force Department</th><th colspan="3">Army Department</th><th colspan="2">Navy Department</th></tr><tr><th>Stock fund</th><th>Industrial fund 2/</th><th>Stock fund</th><th>Industrial fund 2/</th><th>Corps of Engineers</th><th>Stock fund</th><th>Industrial fund 2/</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>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 1/.</td><td>254,075</td><td>56,273</td><td>507,648</td><td>171,747</td><td>28,439</td><td>205,684</td><td>156,742</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>-</td><td>-</td><td>1,952</td><td>508</td><td>-</td><td>3,268</td><td>1,908</td></tr><tr><td>Other..................</td><td>473</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>114,505</td><td>57,931</td><td>199,424</td><td>18,597</td><td>22,239</td><td>45,333</td><td>88,623</td></tr><tr><td>Other (net).......................</td><td>8,777</td><td>9,126</td><td>13,930</td><td>1,637</td><td>544</td><td>11,265</td><td>704</td></tr><tr><td>Inventories.......................</td><td>298,661</td><td>1,118</td><td>4,163,817</td><td>116,674</td><td>8,260</td><td>1,855,446</td><td>216,427</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 colletterel (net).....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>238,773</td><td>-</td><td>-</td></tr><tr><td>Land, structure, and equipment...............</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-117,989</td><td>-</td><td>-</td></tr><tr><td>Accumulated depreciation (-)................</td><td>2,741</td><td>20</td><td>30,134</td><td>230</td><td>320</td><td>602</td><td>4,664</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>679,232</td><td>124,468</td><td>4,916,905</td><td>309,393</td><td>180,585</td><td>2,121,597</td><td>469,207</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>36,881</td><td>33,412</td><td>51,638</td><td>5,013</td><td>1,875</td><td>84,372</td><td>5,448</td></tr><tr><td>Other..................</td><td>61,567</td><td>14,510</td><td>54,964</td><td>18,115</td><td>9,380</td><td>32,873</td><td>19,313</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>935</td><td>-</td><td>22,132</td><td>-</td><td>-</td><td>53,125</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>2,471</td><td>-</td><td>-</td></tr><tr><td>Other..................</td><td>-</td><td>-</td><td>-</td><td>764</td><td>5,730</td><td>-</td><td>2,827</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>-163</td><td>-6,058</td><td>21,022</td><td>41,979</td><td>41,521</td><td>3,818</td><td>44,230</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>98,285</td><td>42,800</td><td>127,623</td><td>88,003</td><td>60,976</td><td>121,063</td><td>175,043</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>141,300 4/</td><td>81,000</td><td>-2,685,900 4/</td><td>206,930</td><td>24,525</td><td>330,587 4/</td><td>307,000</td></tr><tr><td>Appropriations.......................</td><td>622,767</td><td>-867</td><td>10,721,562</td><td>15,782</td><td>94,957</td><td>2,467,307</td><td>-31,778</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>-183,120</td><td>1,535</td><td>-3,246,380</td><td>-1,322</td><td>128</td><td>-803,360</td><td>26,853</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>580,947</td><td>81,668</td><td>4,789,282</td><td>221,390</td><td>119,609</td><td>2,000,116</td><td>2,46,160</td></tr><tr><td>Total United States interest...............</td><td>679,232</td><td>124,468</td><td>4,916,905</td><td>309,393</td><td>180,585</td><td>2,121,597</td><td>469,207</td></tr><tr><td>Total liabilities and investment............</td><td>168,517</td><td>167,268</td><td>6,044,528</td><td>397,396</td><td>361,561</td><td>3,242,660</td><td>644,250</td></tr><tr><td colspan="8">ANALYSIS OF UNITED STATES INVESTMENT</td></tr><tr><td>United States investment....................</td><td>764,067</td><td>80,133</td><td>8,035,662</td><td>222,712</td><td>119,482</td><td>1,803,844</td><td>67,167</td></tr><tr><td>Accumulated net income, or deficit (-).....</td><td>-183,120</td><td>1,535</td><td>-3,246,380</td><td>-1,322</td><td>128</td><td>-803,360</td><td>26,853</td></tr><tr><td>Total United States investment including interagency items....................</td><td>580,947</td><td>81,668</td><td>4,789,282</td><td>221,390</td><td>119,609</td><td>1,000,484</td><td>94,014</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>-114,505</td><td>-57,931</td><td>-199,424</td><td>-18,597</td><td>-22,239</td><td>-45,333</td><td>-88,623</td></tr><tr><td>Due to Government agencies................</td><td>36,881</td><td>33,412</td><td>51,638</td><td>5,013</td><td>1,875</td><td>84,372</td><td>5,448</td></tr><tr><td>Total United States investment after exclusion of interagency items............</td><td>503,323</td><td>57,150</td><td>4,641,496</td><td>207,800</td><td>1,1716</td><td>1,111,751</td><td>10,839</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
102
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 3.- Intragovernmental Revolving Funds, June 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th>Defense Dept. - (Continued) Navy Dept. - (Continued) Marine Corps stock fund</th><th>Health, Education, and Welfare Department Office of the Secretary Working capital fund</th><th colspan="2">Public Health Service</th><th>Interior Department Office of the Secretary Working capital fund</th><th>Justice Department Federal Prison Industries, Inc.</th><th>Labor Department Office of the Secretary Working capital fund</th></tr><tr><th></th><th></th><th></th><th>Service and supply fund</th><th>Narcotic hospitals 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></tr><tr><td>Cash in banks, on hand, and in transit....</td><td>35,311</td><td>-</td><td>-</td><td>-</td><td>-</td><td>19</td><td>*</td></tr><tr><td>Fund balances with the U. S. Treasury 1/.</td><td>-</td><td>259</td><td>841</td><td>51</td><td>190</td><td>6,649</td><td>98</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>-</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>312</td><td>128</td><td>461</td><td>101</td><td>254</td><td>3,010</td><td>-</td></tr><tr><td>Other (net)....................</td><td>72</td><td>-</td><td>-</td><td>-</td><td>-</td><td>11</td><td>1</td></tr><tr><td>Inventories....................</td><td>256,836</td><td>146</td><td>1,443</td><td>268</td><td>98</td><td>10,901</td><td>59</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>321</td><td>288</td><td>451</td><td>265</td><td>18,650</td><td>220</td></tr><tr><td>Land, structures, and equipment........</td><td>-</td><td>-153</td><td>-145</td><td>-256</td><td>-124</td><td>-6,657</td><td>-79</td></tr><tr><td>Accumulated depreciation (-)........</td><td>-</td><td>14</td><td>*</td><td>5</td><td>-</td><td>13</td><td>7</td></tr><tr><td>Other assets (net)....................</td><td>2,016</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total assets....................</td><td>294,547</td><td>714</td><td>2,887</td><td>621</td><td>684</td><td>32,596</td><td>305</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>9,046</td><td>129</td><td>296</td><td>-</td><td>12</td><td>528</td><td>26</td></tr><tr><td>Other....................</td><td>7,371</td><td>81</td><td>33</td><td>60</td><td>83</td><td>1,399</td><td>15</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>61</td><td>106</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>62</td></tr><tr><td>Advances from:</td><td></td><td>10</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-65</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>134</td><td>31</td></tr><tr><td>Government agencies.....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>16</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>726</td><td>83</td><td>183</td><td>4</td><td>81</td><td>526</td><td>96</td></tr><tr><td>Total liabilities....................</td><td>17,143</td><td>364</td><td>619</td><td>64</td><td>176</td><td>2,603</td><td>164</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>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Appropriations....................</td><td>-117,500 3/</td><td>-</td><td>450</td><td>134</td><td>300</td><td>-</td><td>-</td></tr><tr><td>Capitalization of assets (net).........</td><td>571,351</td><td>223</td><td>1,584</td><td>80</td><td>182</td><td>5,609</td><td>141</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>-176,447</td><td>128</td><td>234</td><td>343</td><td>25</td><td>24,385</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>277,404</td><td>351</td><td>2,268</td><td>557</td><td>507</td><td>29,993</td><td>141</td></tr><tr><td>Total liabilities and investment........</td><td>294,547</td><td>714</td><td>2,887</td><td>621</td><td>684</td><td>32,596</td><td>305</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>453,851</td><td>223</td><td>2,034</td><td>214</td><td>482</td><td>5,609</td><td>141</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-176,447</td><td>128</td><td>234</td><td>343</td><td>25</td><td>24,385</td><td>-</td></tr><tr><td>Total United States investment including interagency items............</td><td>277,404</td><td>351</td><td>2,268</td><td>557</td><td>507</td><td>29,993</td><td>141</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>-312</td><td>-128</td><td>-461</td><td>-101</td><td>-254</td><td>-3,010</td><td>-</td></tr><tr><td>Due to Government agencies....................</td><td>9,046</td><td>139</td><td>290</td><td>-</td><td>12</td><td>663</td><td>-8</td></tr><tr><td>Total United States investment after exclusion of interagency items......</td><td>286,138</td><td>362</td><td>2,104</td><td>456</td><td>266</td><td>27,646</td><td>133</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
December 1961
103
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section 1 - Statements of Financial Condition
Table 3.- Intragovernmental Revolving Funds, June 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th>Bureau of Engraving and Printing</th><th>United States Coast Guard Supply fund</th><th>United States Coast Guard Yard fund</th></tr><tr><td colspan="4">ASSETS</td></tr><tr><td>Cash in banks, on hand, and in transit...</td><td>-</td><td>1</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 1/.</td><td>3,294</td><td>2,502</td><td>2,834</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 (net)....................</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>4</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accounts and notes receivable:</td><td></td><td></td><td></td></tr><tr><td>Government agencies.....................</td><td>1,272</td><td>1,325</td><td>244</td></tr><tr><td>Other (net)....................</td><td>3</td><td>83</td><td>6</td></tr><tr><td>Inventories....................</td><td>8,533</td><td>4,744</td><td>6,320</td></tr><tr><td>Allowance for losses (-)....................</td><td>-8</td><td>-</td><td>-51</td></tr><tr><td>Accrued interest receivable:</td><td></td><td></td><td></td></tr><tr><td>Cn public debt securities....................</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Cn securities of Government enterprises.</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>-</td><td>-</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....................</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)....................</td><td>-</td><td>-</td><td>-</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>35,280</td><td>-</td><td>12,265</td></tr><tr><td>Accumulated depreciation (-)....................</td><td>-11,009</td><td>-</td><td>-5,731</td></tr><tr><td>Other assets (net)....................</td><td>180</td><td>-</td><td>6</td></tr><tr><td>Total assets....................</td><td>37,545</td><td>8,659</td><td>15,892</td></tr><tr><td colspan="4">LIABILITIES</td></tr><tr><td>Accounts payable:</td><td></td><td></td><td></td></tr><tr><td>Government agencies.....................</td><td>10</td><td>1,038</td><td>152</td></tr><tr><td>Other....................</td><td>391</td><td>811</td><td>175</td></tr><tr><td>Accrued liabilities:</td><td></td><td></td><td></td></tr><tr><td>Government agencies.....................</td><td>83</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>916</td><td>-</td><td>100</td></tr><tr><td>Advances from:</td><td></td><td></td><td></td></tr><tr><td>Government agencies.....................</td><td>-</td><td>-</td><td>6,200</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>549</td><td>-</td><td>194</td></tr><tr><td>Other....................</td><td>15</td><td>-</td><td>48</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:</td><td></td><td></td><td></td></tr><tr><td>Guaranteed by the United States........</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the United States...</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other liabilities (including reserves)....</td><td>1,480</td><td>-</td><td>740</td></tr><tr><td>Total liabilities....................</td><td>3,444</td><td>1,849</td><td>7,609</td></tr><tr><td colspan="4">NET INVESTMENT</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>-</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>-</td><td>-</td><td>-</td></tr><tr><td>Appropriations....................</td><td>3,250</td><td>-</td><td>-</td></tr><tr><td>Capitalization of assets (net)....</td><td>22,001</td><td>6,829</td><td>8,254</td></tr><tr><td>Other....................</td><td>8,939</td><td>-</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-88</td><td>-19</td><td>29</td></tr><tr><td>Deposits of general and special fund revenues (-)....................</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest....................</td><td>34,101</td><td>6,810</td><td>8,283</td></tr><tr><td>Total liabilities and investment....................</td><td>37,545</td><td>8,659</td><td>15,892</td></tr><tr><td colspan="4">ANALYSIS OF UNITED STATES INVESTMENT</td></tr><tr><td>United States investment....................</td><td>34,190</td><td>6,829</td><td>8,254</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-88</td><td>-19</td><td>29</td></tr><tr><td>Total United States investment including interagency items....................</td><td>34,101</td><td>6,810</td><td>8,283</td></tr><tr><td>Interagency items:</td><td></td><td></td><td></td></tr><tr><td>Due from Government agencies (-)....................</td><td>-1,272</td><td>-1,325</td><td>-144</td></tr><tr><td>Due to Government agencies....................</td><td>642</td><td>1,038</td><td>9,546</td></tr><tr><td>Total United States investment after exclusion of interagency items....................</td><td>33,471</td><td>6,524</td><td>14,785</td></tr></table>
Footnotes at end of Table 8.
104
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, June 30, 1961 - Part A
(In thousands of dollars)
<table><tr><th>Account</th><th>Total Part A 1/ 2/</th><th colspan="2">International Cooperation Administration Loan programs</th><th>Canal Zone Government</th><th>Civil Service Commission 3/</th><th>Export-Import Bank of Washington Foreign currency loans 4/</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></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>2,274</td><td>227</td><td>-</td><td>130</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 5/.</td><td>1,401,593</td><td>4,329</td><td>-</td><td>9,738</td><td>2,438</td><td>-</td><td>2,998</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>5,050</td><td>-</td><td>-</td><td>5,050</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>5,107,711</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2</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>999</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.....................</td><td>5,189</td><td>-</td><td>-</td><td>-</td><td>33</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>16,875</td><td>-</td><td>-</td><td>393</td><td>581</td><td>-</td><td>41</td></tr><tr><td>Other (net).....................</td><td>1,812,413</td><td>-</td><td>-</td><td>544</td><td>2</td><td>-</td><td>5</td></tr><tr><td>Inventories.....................</td><td>7,094,713</td><td>-</td><td>-</td><td>104</td><td>67</td><td>-</td><td>7</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>20</td><td>-</td><td>-</td><td>20</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On securities of Government enterprises</td><td>237,768</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.....................</td><td>414,133</td><td>5,146</td><td>16,855</td><td>-</td><td>-</td><td>1,018</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>3,210</td><td>1,768,484</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: U. S. dollar loans.............</td><td>10,182,667</td><td>-</td><td>-</td><td>-</td><td>-</td><td>47,186</td><td>-</td></tr><tr><td>Foreign currency loans.............</td><td>1,914,840</td><td>-</td><td>1,867,654</td><td>-</td><td>-</td><td>-3,960</td><td>-</td></tr><tr><td>Allowance for losses (-).............</td><td>-92,689</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net)....</td><td>112,863</td><td>-</td><td>-</td><td>50,981</td><td>2,551</td><td>-</td><td>3,816</td></tr><tr><td>Land, structures, and equipment.........</td><td>6,931,895</td><td>-</td><td>-</td><td>-18,705</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated depreciation (-).........</td><td>-966,528</td><td>-</td><td>-</td><td>-</td><td>-</td><td>220,081</td><td>-</td></tr><tr><td>Foreign currencies....................</td><td>220,081</td><td>25,696</td><td>-</td><td>2,851</td><td>2</td><td>-</td><td>-</td></tr><tr><td>Other assets (net)....................</td><td>983,005</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total assets....................</td><td>35,388,084 6/</td><td>1,803,881</td><td>1,884,509</td><td>51,107</td><td>5,674</td><td>264,328</td><td>6,868</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>17,306</td><td>-</td><td>-</td><td>3,394</td><td>3</td><td>-</td><td>656</td></tr><tr><td>Other.....................</td><td>80,184</td><td>-</td><td>-</td><td>-</td><td>13</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>3,748</td><td>-</td><td>-</td><td>-</td><td>313</td><td>-</td><td>-</td></tr><tr><td>Other.....................</td><td>185,082</td><td>6,130</td><td>-</td><td>769</td><td>1,242</td><td>-</td><td>1,235</td></tr><tr><td>Advoces from:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....................</td><td>58,037</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.....................</td><td>1</td><td>-</td><td>-</td><td>1</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>25,736</td><td>205</td><td>-</td><td>-</td><td>957</td><td>-</td><td>368</td></tr><tr><td>Other.....................</td><td>7,190</td><td>246</td><td>716</td><td>4,858</td><td>36</td><td>-</td><td>31</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>139,850</td><td>25,696</td><td>-</td><td>59</td><td>-</td><td>-</td><td>1,403</td></tr><tr><td>Total liabilities....................</td><td>517,134</td><td>32,277</td><td>716</td><td>9,080</td><td>2,565</td><td>-</td><td>3,693</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>4,864,362</td><td>1,106,567</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>18,477,624</td><td>711,979</td><td>1,869,721</td><td>6,812</td><td>2,061</td><td>273,148</td><td>981</td></tr><tr><td>Appropriations....................</td><td>5,614,955</td><td>-</td><td>-</td><td>35,215</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capitalization of assets (net).........</td><td>10,232,6%</td><td>-</td><td>-</td><td>-</td><td>1,048</td><td>-</td><td>2,193</td></tr><tr><td>Other.....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-6,155</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-2,342,013</td><td>2,997</td><td>14,072</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>-2,666</td><td>-</td></tr><tr><td>revenues (-)....................</td><td>-1,976,473</td><td>-49,940</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest.........</td><td>34,870,950</td><td>1,771,603</td><td>1,883,793</td><td>42,027</td><td>3,109</td><td>264,328</td><td>3,174</td></tr><tr><td>Total liabilities and investment.........</td><td>35,388,084</td><td>1,803,881</td><td>1,884,509</td><td>51,107</td><td>5,674</td><td>264,328</td><td>6,868</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>37,212,963</td><td>1,768,606</td><td>1,869,721</td><td>42,027</td><td>3,109</td><td>270,482</td><td>3,174</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-2,342,013</td><td>2,997</td><td>14,072</td><td>-</td><td>-</td><td>-6,155</td><td>-</td></tr><tr><td>U. S. investment incl. interagency items</td><td>34,870,950</td><td>1,771,603</td><td>1,883,793</td><td>42,027</td><td>3,109</td><td>264,328</td><td>3,174</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>-258,852</td><td>-</td><td>-</td><td>-393</td><td>-581</td><td>-</td><td>-41</td></tr><tr><td>Due to Government agencies.............</td><td>104,827</td><td>205</td><td>-</td><td>2,394</td><td>1,274</td><td>-</td><td>1,024</td></tr><tr><td>U. S. investment excl. interagency items.</td><td>34,716,925</td><td>1,771,808</td><td>1,883,793</td><td>45,029</td><td>1,802</td><td>264,328</td><td>4,157</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
December 1961
105
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, June 30, 1961 - Part A 1/ - (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 Salaries and expenses</th><th>Grants for research and management counseling</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>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 2/.</td><td>445</td><td>1,043</td><td>596,535</td><td>13,527</td><td>3,710</td><td>3,082</td><td>1,001</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....................</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>752</td><td>-</td><td>1</td><td>26</td><td>-</td></tr><tr><td>Government agencies....................</td><td>-</td><td>-</td><td>4,866</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accounts and notes receivable:</td><td></td><td>1</td><td>10,333</td><td>-</td><td>-</td><td>1</td><td>-</td></tr><tr><td>Government agencies....................</td><td>-</td><td>98</td><td>108</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other (net)....................</td><td>9</td><td>44</td><td>17,853</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 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: 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 (net)....</td><td>381</td><td>1,025</td><td>518,360</td><td>-</td><td>6,882</td><td>1,409</td><td>-</td></tr><tr><td>Land, structures, and equipment....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-3,155</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>186,525</td><td>6,371</td><td>-</td><td>15</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>835</td><td>2,211</td><td>1,335,332</td><td>19,897</td><td>7,439</td><td>4,533</td><td>1,001</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>25</td><td>-</td><td>6,786</td><td>-</td><td>-</td><td>527</td><td>-</td></tr><tr><td>Other....................</td><td>286</td><td>717</td><td>14,131</td><td>-</td><td>2,052</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>3,103</td><td>-</td><td>-</td><td>27</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>-</td><td>6,306</td><td>-</td><td>-</td><td>1,760</td><td>1,001</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>120</td><td>272</td><td>5,185</td><td>-</td><td>1,009</td><td>633</td><td>-</td></tr><tr><td>Other....................</td><td>6</td><td>4</td><td>118</td><td>-</td><td>32</td><td>36</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>496</td><td>-</td><td>15,398</td><td>-</td><td>-</td><td>*</td><td>-</td></tr><tr><td>Total liabilities....................</td><td>933</td><td>994</td><td>51,027</td><td>-</td><td>3,093</td><td>2,982</td><td>1,001</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>17</td><td>-</td><td>605,001</td><td>19,897</td><td>35,514</td><td>-</td><td>3,409</td></tr><tr><td>Appropriations....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>3,727</td><td>-</td><td>-</td></tr><tr><td>Capitalization of assets (net)....</td><td>-115</td><td>1,218</td><td>679,305</td><td>-</td><td>-</td><td>1,552</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-34,896</td><td>-</td><td>-3,909</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>-98</td><td>1,218</td><td>1,284,306</td><td>19,897</td><td>4,346</td><td>1,552</td><td>1,409</td></tr><tr><td>Total liabilities and investment....................</td><td>835</td><td>2,211</td><td>1,335,332</td><td>19,897</td><td>7,439</td><td>4,533</td><td>1,401</td></tr><tr><td colspan="8">ANALYSIS OF UNITED STATES INVESTMENT</td></tr><tr><td>United States investment....................</td><td>-98</td><td>1,218</td><td>1,284,306</td><td>19,897</td><td>39,241</td><td>1,552</td><td>3,909</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-34,896</td><td>-</td><td>-3,909</td></tr><tr><td>U. S. investment incl. interagency items.</td><td>-98</td><td>1,218</td><td>1,284,306</td><td>19,897</td><td>4,346</td><td>1,552</td><td>-</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</td><td>-11,085</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Due to Government agencies....................</td><td>146</td><td>272</td><td>15,073</td><td>-</td><td>1,009</td><td>1,186</td><td>-</td></tr><tr><td>U. S. investment excl. interagency items.</td><td>48</td><td>1,488</td><td>1,288,294</td><td>19,897</td><td>5,355</td><td>2,738</td><td>-</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
106
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section 1 - Statements of Financial Condition
Table 4.- Certain Other Activities, June 30, 1961 - Part A 1/ - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th>United States Study Commission-Texas</th><th>Veterans' Administration Loen guaranty fund</th><th>Public Works Administration (in liquidation)</th><th>Strategic and critical materials</th><th>All other 7/</th><th>Farmers' Home Administration</th><th>Rural Electrification Administration</th></tr><tr><td colspan="8">ASSETS</td></tr><tr><td>Cash in banke, on hand, and in transit...</td><td>-</td><td>-</td><td>-</td><td>13</td><td>596</td><td>7</td><td>780</td></tr><tr><td>Fund balances with the U. S. Treasury 5/.</td><td>327</td><td>9,331</td><td>-</td><td>37,930</td><td>324,182</td><td>28,863</td><td>11,964</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>54</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>13</td><td>225</td><td>3</td><td>97</td></tr><tr><td>Government agencies................</td><td>-</td><td>68</td><td>-</td><td>1</td><td>84</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>133</td><td>4,623</td><td>50</td><td>3</td></tr><tr><td>Government agencies................</td><td>-</td><td>6,478</td><td>36</td><td>5,138</td><td>17,390</td><td>23</td><td>*</td></tr><tr><td>Other (net)....................</td><td>-</td><td>-</td><td>-</td><td>7,057,803</td><td>10,326</td><td>97</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></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>979</td><td>730</td><td>-</td><td>696</td><td>24,422</td><td>156,105</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>388,545</td><td>77,269</td><td>-</td><td>81,462 8/</td><td>997,024</td><td>3,367,355</td></tr><tr><td>Other: U. S. dollar loans............</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-79,639</td><td>-9,090</td></tr><tr><td>Foreign currency loans............</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>382</td><td>-</td></tr><tr><td>Allowance for losses (-)............</td><td>-</td><td>112,480</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>41</td><td>1,302,733</td><td>2,448</td><td>796</td><td>-</td></tr><tr><td>Land, structures, and equipment.........</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-10</td><td>-796</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>55</td><td>36</td><td>581,637</td><td>605</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>327</td><td>517,936</td><td>78,035</td><td>7,101,107</td><td>2,324,009</td><td>974,277</td><td>3,527,215</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>148</td><td>-</td><td>-</td><td>1,206</td><td>4,435</td><td>5</td><td>39</td></tr><tr><td>Other.....................</td><td>19</td><td>9,007</td><td>-</td><td>1,245</td><td>15,582</td><td>62</td><td>38</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>7</td><td>-</td><td>-</td><td>-</td><td>-</td><td>210</td><td>34</td></tr><tr><td>Other.....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,944</td><td>599</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>29</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>5,111</td><td>873</td><td>282</td></tr><tr><td>Other.....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>212</td><td>238</td><td>17</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>571</td><td>-</td><td>2,876</td><td>60,855</td><td>4,665</td><td>1,084</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>203</td><td>9,578 9/</td><td>-</td><td>5,327</td><td>86,195</td><td>7,997</td><td>2,093</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>426,207</td><td>3,331,588</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>2,094</td><td>730,144</td><td>-</td><td>-</td><td>-</td><td>564,359</td><td>289,027</td></tr><tr><td>Appropriations....................</td><td>-</td><td>-</td><td>78,035</td><td>-</td><td>-</td><td>438,161</td><td>-</td></tr><tr><td>Capitalization of assets (net).........</td><td>-</td><td>-</td><td>-</td><td>7,095,779</td><td>2,237,814</td><td>-4,673</td><td>-1,084</td></tr><tr><td>Other.....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-205,628</td><td>-92,848</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-1,970</td><td>-12,978</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>-208,808</td><td>-</td><td>-</td><td>-</td><td>-252,147</td><td>-1,561</td></tr><tr><td>Total United States interest............</td><td>124</td><td>508,357</td><td>78,035</td><td>7,095,779</td><td>2,237,814</td><td>966,280</td><td>3,525,122</td></tr><tr><td>Total liabilities and investment.........</td><td>327</td><td>517,936</td><td>78,035</td><td>7,101,107</td><td>2,324,009</td><td>974,277</td><td>3,527,215</td></tr><tr><td colspan="8">ANALYSIS OF UNITED STATES INVESTMENT</td></tr><tr><td>United States investment................</td><td>2,094</td><td>521,335</td><td>78,035</td><td>7,095,779</td><td>2,237,814</td><td>1,171,907</td><td>3,617,969</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-1,970</td><td>-12,978</td><td>-</td><td>-</td><td>-</td><td>-205,628</td><td>-92,848</td></tr><tr><td>U. S. investment incl. interagency items...</td><td>124</td><td>508,357</td><td>78,035</td><td>7,095,779</td><td>2,237,814</td><td>966,280</td><td>3,525,122</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>-146</td><td>-4,848</td><td>-50</td><td>-3</td></tr><tr><td>Due to Government agencies............</td><td>185</td><td>-</td><td>-</td><td>1,206</td><td>9,546</td><td>1,089</td><td>356</td></tr><tr><td>U. S. investment excl. interagency items...</td><td>308</td><td>508,357</td><td>78,035</td><td>7,096,840</td><td>2,242,512</td><td>967,318</td><td>3,525,474</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
December 1961
107
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 4. - Certain Other Activities, June 30, 1961 - Part A 1 - (Continued)
(In thousands of dollars)
<table><tr><th rowspan="2">Account</th><th>Commerce Department</th><th>HDW Department Office of Education</th><th colspan="3">Interior Department</th><th colspan="2">Justice Department</th><th>Treasury Department</th></tr><tr><th>Maritime activities</th><th>Loans to students (World War II)</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>Miscellaneous land 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></tr><tr><td>Cesb in banke, on hand, and in transit... Fund balances with the U. S. Treasury 2/</td><td>142</td><td>-</td><td>-</td><td>-</td><td>-</td><td>109</td><td>270</td><td>-</td></tr><tr><td>Investments:</td><td>312,546</td><td>-</td><td>14,826</td><td>80</td><td>8,597</td><td>7,013</td><td>7,089</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><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>5,107,655 10/</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>9</td><td>-</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>2</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accounts and notes receivable:</td><td>367</td><td>-</td><td>200</td><td>-</td><td>58</td><td>9</td><td>60</td><td>22</td></tr><tr><td>Government agencies....................</td><td>15,622</td><td>-</td><td>9,737</td><td>2,199</td><td>1,157</td><td>218</td><td>20</td><td>1,753,626 11/</td></tr><tr><td>Other (net).......................</td><td>3,211</td><td>-</td><td>4,524</td><td>-</td><td>582</td><td>42</td><td>53</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>237,768</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>209,865</td></tr><tr><td>Other.......................</td><td>1,254</td><td>63</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Loans receivable:</td><td>3,210</td><td>173</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>3,354,049 12/</td></tr><tr><td>Government agencies....................</td><td>148,307</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>-</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>-</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>4,515,220 13/</td><td>-</td><td>472,985</td><td>88</td><td>27,832</td><td>16,108</td><td>8,239</td><td>-</td></tr><tr><td>land, structures, and equipment.........</td><td>-831,034 14/</td><td>-</td><td>-106,683</td><td>-36</td><td>-6,109</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 currency.......................</td><td>34,429</td><td>-</td><td>31,862</td><td>149</td><td>2</td><td>6</td><td>112,764</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>4,203,291</td><td>235</td><td>427,450</td><td>2,480</td><td>32,121</td><td>23,505</td><td>128,495</td><td>10,654,985</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>Account 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>81</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.......................</td><td>31,135</td><td>-</td><td>3,610</td><td>1</td><td>614</td><td>1,671</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>160,273</td><td>-</td><td>979</td><td>15</td><td>3</td><td>39</td><td>-</td><td>-</td></tr><tr><td>Other.......................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2,818</td><td>-</td><td>-</td></tr><tr><td>Advances from:</td><td>58,008</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>688</td><td>-</td><td>605</td><td>9</td><td>5,601</td><td>1,934</td><td>1,883</td><td>-</td></tr><tr><td>Government agencies....................</td><td>46</td><td>-</td><td>569</td><td>-</td><td>25</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>18,350</td><td>-</td><td>2,472</td><td>32</td><td>180</td><td>5,716</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>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total liabilities.......................</td><td>268,581</td><td>-</td><td>8,236</td><td>59</td><td>6,443</td><td>12,177</td><td>1,883</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>-</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>-459,892</td><td>644</td><td>638,008</td><td>9,793</td><td>29,720</td><td>3,737</td><td>5,554</td><td>10,113</td></tr><tr><td>Appropriations.......................</td><td>5,039,830</td><td>-</td><td>19,097</td><td>147</td><td>742</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capitalization of assets (net)........</td><td>-1,131</td><td>-</td><td>91,078 15/</td><td>-289</td><td>1,352 15/</td><td>7,591</td><td>1,11,056</td><td>44,633</td></tr><tr><td>Other.......................</td><td>-2,589,538</td><td>-409</td><td>3,105</td><td>115,742</td><td>25,766</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></tr><tr><td>Deposits of general and special fund revenues (-).......................</td><td>-974,344</td><td>-</td><td>-332,131</td><td>-122,972</td><td>-31,901</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United Stete interest............</td><td>3,934,710</td><td>235</td><td>419,214</td><td>2,421</td><td>25,678</td><td>11,349</td><td>128,612</td><td>1,659,707</td></tr><tr><td>Total liabilities and investment.........</td><td>4,203,291</td><td>235</td><td>427,450</td><td>2,480</td><td>32,121</td><td>23,505</td><td>128,495</td><td>10,654,985</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>6,524,248</td><td>644</td><td>416,109</td><td>-113,321</td><td>-87</td><td>11,349</td><td>128,612</td><td>1,659,707</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-2,589,538</td><td>-409</td><td>3,105</td><td>115,742</td><td>25,766</td><td>-</td><td>-</td><td>444,03</td></tr><tr><td>U. S. investment incl. interagency items..</td><td>3,934,710</td><td>235</td><td>419,214</td><td>2,421</td><td>26,678</td><td>11,349</td><td>128,612</td><td>1,663,740</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>-3,586</td><td>-</td><td>-200</td><td>-</td><td>-58</td><td>-9</td><td>-1</td><td>-37,790</td></tr><tr><td>Due to Government agencies................</td><td>58,778</td><td>-</td><td>605</td><td>23</td><td>5,601</td><td>1,972</td><td>1,883</td><td>-</td></tr><tr><td>U. S. investment excl. interagency items..</td><td>3,989,902</td><td>235</td><td>419,019</td><td>2,444</td><td>11,721</td><td>13,340</td><td>128,611</td><td>1,626,144</td></tr></table>
Footnotes at end of Table 8.
108
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 4. - Certain Other Activities, June 30, 1961 - Part B
(In thousands of dollars)
<table><tr><th>Account</th><th>Total Part B 1/</th><th>Office of Civil and Defense Mobilization</th><th>International Cooperation Administration</th><th>Atomic Energy Commission</th><th>Farm Credit Administration</th><th>Federal Aviation Agency</th><th>Smithsonian Institution 2/</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>224,043</td><td>-</td><td>-</td><td>-</td><td>58</td><td>-</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 3/.</td><td>8,125,853</td><td>54,641</td><td>1,904,644</td><td>1,465,212</td><td>1,422</td><td>453,267</td><td>35,584</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>78,264</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>-10</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other securities.......................</td><td>43,975</td><td>-</td><td>-</td><td>-</td><td>43,839</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>55,904</td><td>1,518</td><td>76</td><td>21,461</td><td>-</td><td>1,174</td><td>-</td></tr><tr><td>Other.......................</td><td>84,903</td><td>15,226</td><td>28,462</td><td>-</td><td>7</td><td>286</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>94,723</td><td>30</td><td>12,039</td><td>13,068</td><td>4</td><td>18,295</td><td>-</td></tr><tr><td>Other (net).......................</td><td>2,111,627</td><td>-</td><td>-</td><td>14,344</td><td>-</td><td>1,084</td><td>-</td></tr><tr><td>Inventories.......................</td><td>922,743</td><td>-</td><td>1,369</td><td>738,352</td><td>-</td><td>67,239</td><td>80</td></tr><tr><td>Allowance for losses (-)................</td><td>-18,061</td><td>-</td><td>-</td><td>-13,676</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>306</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>8,412</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>289,520</td><td>-</td><td>19,324</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currency loans..................</td><td>19,324</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>270</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Land, structures, and equipment...........</td><td>24,733,957</td><td>26,483</td><td>26,742</td><td>7,201,938</td><td>197</td><td>287,745</td><td>26,634</td></tr><tr><td>Accumulated depreciation (-)............</td><td>-2,517,279</td><td>-</td><td>-</td><td>-2,209,028</td><td>-197</td><td>-15,497</td><td>-</td></tr><tr><td>Foreign currencies.....................</td><td>2,454,603</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other assets (net).....................</td><td>4,953,513</td><td>9</td><td>1,414</td><td>518,686</td><td>-</td><td>584,479</td><td>129</td></tr><tr><td>Total assets.......................</td><td>41,666,589</td><td>97,908</td><td>1,994,069</td><td>7,750,357</td><td>45,330</td><td>1,398,071</td><td>62,427</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>52,482</td><td>-</td><td>79</td><td>16,210</td><td>18</td><td>3,616</td><td>3</td></tr><tr><td>Other.......................</td><td>1,126,538</td><td>5,857</td><td>-</td><td>146,708</td><td>145</td><td>52,239</td><td>23,499</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>14,508</td><td>-</td><td>84,389</td><td>104,209</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.......................</td><td>1,096,148</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>35,296</td><td>-</td><td>-</td><td>3,981</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.......................</td><td>29,487</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>142,670</td><td>556</td><td>6,508</td><td>2,370</td><td>74</td><td>11,033</td><td>282</td></tr><tr><td>Other.......................</td><td>167,647</td><td>1</td><td>2,918</td><td>9,351</td><td>-</td><td>34</td><td>-</td></tr><tr><td>Bon, 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>30,200</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>424,189</td><td>-</td><td>-</td><td>2,334</td><td>338</td><td>19,034</td><td>136</td></tr><tr><td>Total liabilities.......................</td><td>3,119,166</td><td>6,413</td><td>93,894</td><td>285,163</td><td>574</td><td>86,016</td><td>23,920</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>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Appropriations.....................</td><td>50,761,939</td><td>631,603</td><td>1,810,750</td><td>27,214,288</td><td>45,085</td><td>462,420</td><td>11,929</td></tr><tr><td>Capitalization of assets (net)........</td><td>3,390,042</td><td>7,793</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.......................</td><td>9,376,035</td><td>1,148</td><td>89,425</td><td>-</td><td>-329</td><td>849,636</td><td>26,577</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-23,347,959</td><td>-549,050 4/</td><td>-</td><td>-19,694,432 4/</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Deposits of general and special fund revenues (-).....................</td><td>-1,632,634</td><td>-</td><td>-</td><td>-54,662</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest...........</td><td>38,547,423</td><td>91,494</td><td>1,900,175</td><td>7,465,194</td><td>44,756</td><td>1,312,056</td><td>38,506</td></tr><tr><td>Total liabilities and investment........</td><td>41,666,589</td><td>97,908</td><td>1,994,069</td><td>7,750,357</td><td>45,330</td><td>1,398,071</td><td>62,427</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>61,895,382</td><td>640,544</td><td>1,900,175</td><td>27,159,626</td><td>44,756</td><td>1,312,056</td><td>38,506</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-23,347,959</td><td>-549,050</td><td>-</td><td>-19,694,432</td><td>-</td><td>-</td><td>-</td></tr><tr><td>U. S. investment incl. Interagency items..</td><td>38,547,423</td><td>91,494</td><td>1,900,175</td><td>7,465,194</td><td>44,756</td><td>1,312,056</td><td>38,506</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>-150,627</td><td>-1,549</td><td>-12,115</td><td>-13,068</td><td>-4</td><td>-19,469</td><td>-</td></tr><tr><td>Due to Government agencies.............</td><td>275,156</td><td>556</td><td>6,586</td><td>22,561</td><td>92</td><td>14,709</td><td>285</td></tr><tr><td>U. S. investment excl. interagency items..</td><td>38,671,952</td><td>93,501</td><td>1,894,647</td><td>7,474,687</td><td>44,844</td><td>1,307,295</td><td>38,791</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
December 1961
109
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, June 30, 1961 - Part B 1/ - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th>United States Information Agency</th><th>Veterans' Administration</th><th>Other except Departments 5/</th><th colspan="4">Agriculture Department</th></tr><tr><th></th><th></th><th></th><th></th><th>Agricultural Research Service</th><th>Forest Service</th><th>Soil Conservation Service</th><th>Other 6/</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, end in transit...</td><td>-</td><td>3,928</td><td>1</td><td>-</td><td>9</td><td>-</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 2/.</td><td>65,703</td><td>551,720</td><td>166,894</td><td>29,331</td><td>25,948</td><td>65,955</td><td>19,488</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....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>41</td><td>-</td><td>-</td></tr><tr><td>Advances to contractors and agents:</td><td></td><td>84</td><td>94</td><td>17,512</td><td>28</td><td>128</td><td>-</td></tr><tr><td>Government agencies..................</td><td>255</td><td>2,199</td><td>240</td><td>1,085</td><td>315</td><td>85</td><td>883</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>879</td><td>645</td><td>414</td><td>479</td><td>3,443</td><td>1,358</td><td>1,037</td></tr><tr><td>Government agencies..................</td><td>2,001</td><td>11,014</td><td>347</td><td>597</td><td>254</td><td>337</td><td>2,077</td></tr><tr><td>Other (nat)....................</td><td>7,047</td><td>1,876</td><td>102</td><td>420</td><td>2,860</td><td>114</td><td>17,097</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></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>14</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>729</td><td>861</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>-</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>71,130</td><td>1,470,717</td><td>11,592</td><td>106,348</td><td>1,202,822</td><td>29,631</td><td>13,980</td></tr><tr><td>Land, structures, and equipment........</td><td>-</td><td>-</td><td>-117</td><td>-26,830</td><td>-</td><td>-9,147</td><td>-378</td></tr><tr><td>Accumulated depreciation (-)............</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1</td></tr><tr><td>Foreign currencies....................</td><td>6,721</td><td>124,390</td><td>19,559</td><td>1,285</td><td>121,017</td><td>-</td><td>89</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>153,736</td><td>2,167,316</td><td>199,990</td><td>130,227</td><td>1,356,717</td><td>88,467</td><td>554,735</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>8,046</td><td>470</td><td>524</td><td>2,196</td><td>-</td><td>1,291</td></tr><tr><td>Government agencies..................</td><td>-</td><td>49,01</td><td>11,579</td><td>6,325</td><td>7,574</td><td>11,593</td><td>21,374</td></tr><tr><td>Other.....................</td><td>6,721</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued liabilities:</td><td></td><td>651</td><td>479</td><td>1,981</td><td>3,933</td><td>-</td><td>3,768</td></tr><tr><td>Government agencies..................</td><td>-</td><td>32,899</td><td>2,485</td><td>5,234</td><td>35,164</td><td>-</td><td>41,457</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>1</td><td>4</td><td>-</td><td>-</td><td>1,588</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>1,844</td><td>31,232</td><td>4,929</td><td>-</td><td>-</td><td>-</td><td>686</td></tr><tr><td>Government agencies..................</td><td>2,001</td><td>64,549</td><td>896</td><td>-</td><td>-</td><td>-</td><td>165</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>30,200</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>6,041</td><td>-</td><td>7,129</td><td>11,002</td><td>11,343</td><td>14,109</td><td>15,125</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>16,608</td><td>186,538</td><td>27,969</td><td>25,066</td><td>60,210</td><td>25,702</td><td>116,155</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>64,353</td><td>454,145</td><td>169,170</td><td>30,657</td><td>29,998</td><td>67,862</td><td>520,766</td></tr><tr><td>Appropriations.....................</td><td>78,177</td><td>1,526,634</td><td>23,343</td><td>-</td><td>-</td><td>-</td><td>5,511</td></tr><tr><td>Capitalization of assets (nat).........</td><td>-5,162</td><td>-</td><td>284</td><td>74,504</td><td>1,266,510</td><td>-5,097</td><td>-46,537</td></tr><tr><td>Other.....................</td><td>-</td><td>-</td><td>-20,739</td><td>-</td><td>-</td><td>-</td><td>-30,397</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-</td><td>-</td><td>-36</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Deposits of general and special fund revenues (-)....</td><td>-240</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest........</td><td>137,128</td><td>1,980,778</td><td>172,021</td><td>105,160</td><td>1,246,507</td><td>6,765</td><td>438,440</td></tr><tr><td>Total liabilities and investment........</td><td>153,736</td><td>2,167,316</td><td>199,990</td><td>130,227</td><td>1,356,717</td><td>88,467</td><td>554,735</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>137,128</td><td>1,980,778</td><td>192,760</td><td>105,160</td><td>1,246,507</td><td>6,765</td><td>438,440</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-</td><td>-</td><td>-20,739</td><td>-</td><td>-</td><td>-</td><td>-30,397</td></tr><tr><td>U. S. investment incl. interagency items..</td><td>137,128</td><td>1,980,778</td><td>172,021</td><td>105,160</td><td>1,246,507</td><td>6,765</td><td>438,580</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>-879</td><td>-729</td><td>-507</td><td>-17,992</td><td>-3,770</td><td>-1,486</td><td>-1,177</td></tr><tr><td>Due to Government agencies................</td><td>1,844</td><td>39,929</td><td>5,880</td><td>2,506</td><td>6,127</td><td>1,108</td><td>37,531</td></tr><tr><td>U. S. investment excl. interagency items..</td><td>138,093</td><td>2,019,978</td><td>177,394</td><td>89,675</td><td>1,242,166</td><td>61,381</td><td>475,766</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
110
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section 1 - Statements of Financial Condition
Table 4.- Certain Other Activities, June 30, 1961 - Part B 1/ - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th colspan="4">Commerce Department</th><th colspan="2">Defense Department</th><th>Health, Education, and welfare Department</th></tr><tr><th></th><th>Coast and Geodetic Survey</th><th>Bureau of Public Roads 2/</th><th>Weather Bureau</th><th>Other 8/</th><th>Military assistance credit: sales 2/</th><th>Army Department Corps of Engineers 10/</th><th>Office of Education</th></tr><tr><td colspan="8">ASSETS</td></tr><tr><td>Cash in banks, on hand, and in transit...</td><td>-</td><td>26</td><td>-</td><td>195</td><td>-</td><td>-</td><td>1</td></tr><tr><td>Fund balances with the U. S. Treasury 3/.</td><td>7,438</td><td>27,662</td><td>13,328</td><td>42,172</td><td>-</td><td>251,696</td><td>303,893</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....................</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>20</td><td>14,479</td><td>-</td><td>413</td><td>-</td></tr><tr><td>Other....................</td><td>11</td><td>3</td><td>111</td><td>59</td><td>-</td><td>-</td><td>24</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>1,028</td><td>145</td><td>4,099</td><td>337</td><td>-</td><td>1,263</td><td>415</td></tr><tr><td>Other (net)....................</td><td>305</td><td>365</td><td>155</td><td>3</td><td>-</td><td>-</td><td>51</td></tr><tr><td>Inventories....................</td><td>1,342</td><td>127</td><td>2,455</td><td>1,038</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>-</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>56,535</td><td>-</td><td>130,563</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 (net)....</td><td>28,263</td><td>3,500</td><td>23,060</td><td>21,216</td><td>-</td><td>7,050,152 11/</td><td>75,876</td></tr><tr><td>Land, structures, and equipment........</td><td>-15,159</td><td>-1,333</td><td>-</td><td>-3,951</td><td>-</td><td>-120,492</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>670</td><td>-</td><td>-</td><td>895</td><td>-</td><td>2,798,126</td><td>10</td></tr><tr><td>Total assets....................</td><td>24,397</td><td>30,494</td><td>43,228</td><td>76,444</td><td>56,535</td><td>9,981,158</td><td>510,834</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>462</td><td>-</td><td>918</td><td>205</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>1,476</td><td>2,508</td><td>6,148</td><td>6,068</td><td>-</td><td>70,087</td><td>12</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>2,260</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>1,364</td><td>-</td><td>1</td><td>-</td><td>29</td><td>205,404</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>130</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>504</td><td>-</td><td>1,199</td><td>3,576</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>21</td><td>20</td><td>81</td><td>2,335</td><td>-</td><td>-</td><td>349</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>1,919</td><td>571</td><td>4,788</td><td>5,653</td><td>-</td><td>1,160</td><td>1</td></tr><tr><td>Total liabilities....................</td><td>4,382</td><td>4,464</td><td>13,265</td><td>20,097</td><td>-</td><td>71,276</td><td>205,766</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>6,271</td><td>72,904</td><td>10,141</td><td>42,612</td><td>56,535</td><td>13,535,995</td><td>98,628</td></tr><tr><td>Appropriations....................</td><td>-</td><td>2,293</td><td>-</td><td>-</td><td>-</td><td>-</td><td>206,439</td></tr><tr><td>Capitalization of assets (net)........</td><td>13,744</td><td>-</td><td>19,822</td><td>13,735</td><td>-</td><td>104,373</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>-47,81 4/</td><td>-</td><td>-</td><td>-</td><td>-3,271,695</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>-</td><td>-1,353</td><td>-</td><td>-</td><td>-</td><td>-458,791</td><td>-</td></tr><tr><td>Total United States interest............</td><td>20,015</td><td>26,030</td><td>29,963</td><td>56,347</td><td>56,535</td><td>9,909,883</td><td>305,697</td></tr><tr><td>Total liabilities and investment........</td><td>24,397</td><td>30,494</td><td>43,228</td><td>76,444</td><td>56,535</td><td>9,981,158</td><td>510,834</td></tr><tr><td colspan="8">ANALYSIS OF UNITED STATES INVESTMENT</td></tr><tr><td>United States investment................</td><td>20,015</td><td>73,845</td><td>29,963</td><td>56,347</td><td>56,535</td><td>13,181,577</td><td>305,697</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-</td><td>-47,815</td><td>-</td><td>-</td><td>-</td><td>-3,271,695</td><td>-</td></tr><tr><td>U. S. investment incl. interagency items....</td><td>20,015</td><td>26,030</td><td>29,963</td><td>56,347</td><td>56,535</td><td>9,909,883</td><td>305,697</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>-1,028</td><td>-14</td><td>-4,119</td><td>-14,816</td><td>-</td><td>-1,676</td><td>-415</td></tr><tr><td>Due to Government agencies............</td><td>966</td><td>-</td><td>2,247</td><td>6,940</td><td>-</td><td>-</td><td>-</td></tr><tr><td>U. S. investment excl. interagency items....</td><td>19,953</td><td>25,885</td><td>28,091</td><td>47,572</td><td>56,535</td><td>9,908,236</td><td>304,652</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
December 1961
111
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section 1 - Statements of Financial Condition
Table 4.- Certain Other Activities, June 30, 1961 - Part B 1/ - (Continued)
(In thousands of dollars)
<table><tr><th rowspan="2">Account</th><th colspan="3">Health, Education, and Welfare Department - (Continued)</th><th colspan="4">Interior Department</th></tr><tr><th>Public Health Service</th><th>Saint Elizabeths Hospital</th><th>Other 12/</th><th>Bureau of Land Management</th><th>Bureau of Indian Affairs</th><th>Bureau of Reclamation</th><th>Geological Survey</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>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 3/.</td><td>805,407</td><td>7,972</td><td>369,794</td><td>26,780</td><td>27,750</td><td>105,201</td><td>5,877</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.......................</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>63</td><td>-</td><td>10</td><td>6,868</td><td>208</td><td>10</td><td>-</td></tr><tr><td>Other.......................</td><td>238</td><td>-</td><td>118</td><td>87</td><td>24</td><td>196</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>2,255</td><td>115</td><td>109</td><td>-</td><td>2,317</td><td>443</td><td>1,842</td></tr><tr><td>Other (net).......................</td><td>-</td><td>484</td><td>86</td><td>9,405</td><td>97,755</td><td>7,198</td><td>1,746</td></tr><tr><td>Inventories.......................</td><td>1,743</td><td>474</td><td>35</td><td>535</td><td>568</td><td>4,140</td><td>1,125</td></tr><tr><td>Allowance for losses (-)................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-1,880</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>6</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: U. S. dollar loans................</td><td>710</td><td>-</td><td>-</td><td>-</td><td>43</td><td>34,711</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>452,495</td><td>36,937</td><td>10,010</td><td>48,314</td><td>207,233</td><td>3,110,247</td><td>35,999</td></tr><tr><td>Land, structures, and equipment.........</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-66,720</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>435</td><td>711</td><td>13</td><td>10,090</td><td>49,951</td><td>527,376</td><td>-</td></tr><tr><td>Total assets.........................</td><td>1,263,352</td><td>46,692</td><td>380,176</td><td>102,078</td><td>385,850</td><td>3,722,802</td><td>56,268</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>1,527</td><td>123</td><td>139</td><td>-</td><td>-</td><td>357</td><td>177</td></tr><tr><td>Other.......................</td><td>401,621</td><td>294</td><td>1,229</td><td>2,103</td><td>8,727</td><td>22,730</td><td>7,135</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>389</td><td>1</td><td>818</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.......................</td><td>219,188</td><td>1,003</td><td>358,691</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>8,385</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>5,790</td><td>494</td><td>1,462</td><td>6,584</td><td>2,316</td><td>2,344</td><td>2,318</td></tr><tr><td>Other.......................</td><td>987</td><td>1,305</td><td>158</td><td>13,647</td><td>-</td><td>6,561</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>-</td><td>-</td><td>-</td><td>14,924</td><td>384</td><td>143,301</td><td>13</td></tr><tr><td>Total liabilities.....................</td><td>629,502</td><td>3,221</td><td>362,498</td><td>37,258</td><td>11,427</td><td>183,679</td><td>9,644</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>178,896</td><td>5,349</td><td>7,632</td><td>11,570</td><td>17,730</td><td>4,114,549</td><td>3,544</td></tr><tr><td>Appropriations.........................</td><td>454,954</td><td>38,121</td><td>5,843</td><td>-</td><td>-</td><td>61,144</td><td>-</td></tr><tr><td>Capitalization of assets (net)...........</td><td>-</td><td>-</td><td>4,202</td><td>53,250</td><td>356,692</td><td>280,625</td><td>43,179</td></tr><tr><td>Other.......................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>192,549</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>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-1,109,744</td><td>-</td></tr><tr><td>Total United States interest.............</td><td>633,850</td><td>43,471</td><td>17,678</td><td>64,820</td><td>374,423</td><td>3,539,123</td><td>46,624</td></tr><tr><td>Total liabilities and investment.........</td><td>1,263,352</td><td>46,692</td><td>380,176</td><td>102,078</td><td>385,850</td><td>3,722,802</td><td>56,268</td></tr><tr><td colspan="8">ANALYSIS OF UNITED STATES INVESTMENT</td></tr><tr><td>United States investment................</td><td>633,850</td><td>43,471</td><td>17,678</td><td>64,820</td><td>374,423</td><td>3,346,574</td><td>46,624</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>192,549</td><td>-</td></tr><tr><td>U. S. investment incl. interagency items..</td><td>633,850</td><td>43,471</td><td>17,678</td><td>64,820</td><td>374,423</td><td>3,539,123</td><td>46,624</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>-2,318</td><td>-115</td><td>-119</td><td>-6,868</td><td>-1,525</td><td>-453</td><td>-1,542</td></tr><tr><td>Due to Government agencies.............</td><td>7,707</td><td>618</td><td>2,412</td><td>6,584</td><td>2,316</td><td>1,702</td><td>1,123</td></tr><tr><td>U. S. investment excl. interagency items..</td><td>639,238</td><td>43,974</td><td>19,978</td><td>64,535</td><td>374,214</td><td>3,541,372</td><td>47,177</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
112
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, June 30, 1961 - Part B V - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th>Bureau of Mines</th><th>National Park Service</th><th>Fish and Wildlife Service 13/</th><th>Office of Territories 14/</th><th>Other 15/</th><th>Federal Bureau of Investigation</th><th>Federal Prison System Bureau of Prisons</th><th>Labor Department</th></tr><tr><td><b>ASSETS</b></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 2/.</td><td>12,146</td><td>44,840</td><td>52,876</td><td>738</td><td>5,798</td><td>12,128</td><td>15,072</td><td>26,635</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>84</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>-2</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>30</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies....................</td><td>14</td><td>61</td><td>171</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>188</td><td>-</td><td>525</td><td>-</td><td>21</td><td>44</td><td>883</td><td>144</td></tr><tr><td>Government agencies....................</td><td>9</td><td>2,027</td><td>171</td><td>-</td><td>9</td><td>50</td><td>-</td><td>119</td></tr><tr><td>Other (ost)....................</td><td>465</td><td>784</td><td>405</td><td>1</td><td>-</td><td>205</td><td>3,563</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>-</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>16,814</td><td>229</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: 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>-</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>50,634</td><td>1,639,911</td><td>177,981</td><td>2,747</td><td>840</td><td>25,886</td><td>75,706</td><td>5,500</td></tr><tr><td>Land, structures, and equipment...</td><td>-</td><td>-6,731</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-6,945</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>105,116</td><td>5,144</td><td>139</td><td>2,595</td><td>-</td><td>5,516</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>63,457</td><td>1,786,090</td><td>237,275</td><td>20,439</td><td>9,521</td><td>38,314</td><td>93,796</td><td>32,400</td></tr><tr><td><b>LIABILITIES</b></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts payable:</td><td>41</td><td>-</td><td>-</td><td>-</td><td>80</td><td>850</td><td>2,759</td><td>-</td></tr><tr><td>Government agencies....................</td><td>2,270</td><td>5,460</td><td>12,240</td><td>263</td><td>1,532</td><td>7,259</td><td>-</td><td>8,347</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>-</td><td>45</td><td>-</td><td>-</td><td>-</td><td>-</td><td>278</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>Advances from:</td><td>52</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>919</td><td>1,390</td><td>896</td><td>47</td><td>308</td><td>3,717</td><td>998</td><td>18,169</td></tr><tr><td>Government agencies....................</td><td>541</td><td>2,690</td><td>488</td><td>1</td><td>288</td><td>397</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>72</td><td>-</td><td>-</td><td>-</td><td>16,979</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>3,823</td><td>9,612</td><td>13,669</td><td>311</td><td>2,208</td><td>29,202</td><td>3,757</td><td>26,795</td></tr><tr><td><b>NET INVESTMENT</b></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>42,100</td><td>37,309</td><td>51,495</td><td>17,504</td><td>3,620</td><td>-</td><td>14,074</td><td>105</td></tr><tr><td>Appropriations....................</td><td>47,509</td><td>-</td><td>180,571</td><td>-</td><td>23</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capitalization of assets (net)...</td><td>444</td><td>1,739,169</td><td>-</td><td>2,625</td><td>3,670</td><td>9,112</td><td>75,965</td><td>5,500</td></tr><tr><td>Other....................</td><td>-30,312 2/</td><td>-</td><td>-2,966</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><td>-</td><td>-</td></tr><tr><td>Deposits of general and special fund revenues (-)...</td><td>-108</td><td>-</td><td>-5,494</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest....................</td><td>59,634</td><td>1,776,478</td><td>223,606</td><td>20,128</td><td>7,313</td><td>9,112</td><td>90,040</td><td>5,605</td></tr><tr><td>Total liabilities and investment....................</td><td>63,457</td><td>1,786,090</td><td>237,275</td><td>20,439</td><td>9,521</td><td>38,314</td><td>93,796</td><td>32,400</td></tr><tr><td><b>ANALYSIS OF UNITED STATES INVESTMENT</b></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>89,945</td><td>1,776,478</td><td>226,571</td><td>20,128</td><td>7,313</td><td>9,112</td><td>90,040</td><td>5,605</td></tr><tr><td>Accumulated net income, or deficit (-)...</td><td>-30,312</td><td>-</td><td>-2,966</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>U.S. investment incl. interagency items.</td><td>59,634</td><td>1,776,478</td><td>223,606</td><td>20,128</td><td>7,313</td><td>9,112</td><td>90,040</td><td>5,605</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>-188</td><td>-</td><td>-525</td><td>-</td><td>-51</td><td>-44</td><td>-883</td><td>-144</td></tr><tr><td>Due to Government agencies....................</td><td>1,012</td><td>1,390</td><td>9,1</td><td>47</td><td>388</td><td>4,567</td><td>3,757</td><td>18,169</td></tr><tr><td>U.S. investment excl. interagency items.</td><td>60,457</td><td>1,777,868</td><td>224,021</td><td>20,176</td><td>7,650</td><td>13,635</td><td>92,913</td><td>23,631</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
December 1961
113
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, June 30, 1961 - Part B V - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th>State Department 16/</th><th>Office of the Secretary</th><th>Bureau of Customs</th><th>Internal Revenue Service Revenue accounts</th><th>Administrative accounts</th><th>Bureau of the Mint</th><th>United States Coast Guard</th><th>Other 17/</th></tr><tr><td><b>ASSETS</b></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>3</td><td>-</td><td>3,953</td><td>54,546</td><td>-</td><td>-</td><td>89</td><td>161,233 18/</td></tr><tr><td>Fund balances with the U.S. Treasury 3/.</td><td>131,445</td><td>370</td><td>8,082</td><td>9,304</td><td>43,569</td><td>6,152</td><td>89,291</td><td>332,163</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>32,180</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>46,000</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>-8</td></tr><tr><td>Other securities....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>115</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>7,343</td><td>-</td><td>-</td><td>-</td><td>149</td><td>-</td><td>5,698</td><td>-</td></tr><tr><td>Other....................</td><td>8,219</td><td>-</td><td>30</td><td>-</td><td>365</td><td>6</td><td>4,616</td><td>48</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>25,046</td><td>49</td><td>35</td><td>-</td><td>97</td><td>66</td><td>1,536</td><td>29</td></tr><tr><td>Other (net)....................</td><td>115,045</td><td>*</td><td>891</td><td>1,842,430</td><td>7</td><td>*</td><td>986</td><td>94</td></tr><tr><td>Inventories....................</td><td>2,021</td><td>77</td><td>21</td><td>-</td><td>396</td><td>1,113</td><td>42,545</td><td>9,132</td></tr><tr><td>Allowance for losses (-)............</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-2,504</td><td>-</td></tr><tr><td>Accrued interest receivables:</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>306</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>8,392</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: U.S. dollar loans............</td><td>48,323</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>-</td><td>-</td><td>-</td><td>270</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net)....</td><td>326,286</td><td>14,276</td><td>9,463</td><td>-</td><td>52,964</td><td>15,847</td><td>746,397</td><td>10,257</td></tr><tr><td>land, structures, and equipment...</td><td>-4,546</td><td>-</td><td>-</td><td>-</td><td>-26,383</td><td>-3,805</td><td>-</td><td>-26</td></tr><tr><td>Accumulated depreciation (-)............</td><td>4,789</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2,449,813 12/</td></tr><tr><td>Foreign currencies....................</td><td>8,013</td><td>5,810</td><td>1</td><td>1,512</td><td>462</td><td>-</td><td>6</td><td>53,142</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>712,559</td><td>20,582</td><td>22,476</td><td>1,908,062</td><td>71,625</td><td>19,378</td><td>888,776</td><td>3,062,183</td></tr><tr><td><b>LIABILITIES</b></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>19</td><td>50</td><td>-</td><td>-</td><td>1,363</td><td>378</td><td>5,796</td><td>4,784</td></tr><tr><td>Other....................</td><td>151,897</td><td>214</td><td>4,863</td><td>18,903</td><td>27,628</td><td>738</td><td>6,670</td><td>5,439</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>-</td><td>-</td><td>-</td><td>181</td></tr><tr><td>Other....................</td><td>402</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>3,265</td><td>196</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>29,530</td><td>13</td></tr><tr><td>Other....................</td><td>-</td><td>-</td><td>-</td><td>21,103</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>5,657</td><td>120</td><td>2,031</td><td>-</td><td>12,116</td><td>1,319</td><td>7,460</td><td>1,304</td></tr><tr><td>Other....................</td><td>38,164</td><td>13</td><td>1,143</td><td>6,521</td><td>1,265</td><td>3,992</td><td>253</td><td>6,411</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>18,035</td><td>495</td><td>-</td><td>75,979</td><td>48,178</td><td>590</td><td>19</td><td>4,18</td></tr><tr><td>Total liabilities....................</td><td>214,176</td><td>891</td><td>8,036</td><td>122,506</td><td>90,550</td><td>7,017</td><td>52,993</td><td>22,114</td></tr><tr><td><b>NET INVESTMENT</b></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>529,660</td><td>22</td><td>591</td><td>-</td><td>1,814</td><td>1,285</td><td>73,335</td><td>1,142</td></tr><tr><td>Appropriations....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>762,443</td><td>1,827</td></tr><tr><td>Capitalization of assets (net)............</td><td>-</td><td>19,668</td><td>13,848</td><td>1,785,556</td><td>-20,739</td><td>11,076</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>-29,070</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>-</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>-2,206</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest............</td><td>498,384</td><td>19,691</td><td>14,439</td><td>1,785,556</td><td>-18,145</td><td>12,361</td><td>835,783</td><td>1,969</td></tr><tr><td>Total liabilities and investment.........</td><td>712,559</td><td>20,582</td><td>22,476</td><td>1,908,062</td><td>71,484</td><td>19,378</td><td>888,776</td><td>3,062,183</td></tr><tr><td><b>ANALYSIS OF UNITED STATES INVESTMENT</b></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>527,453</td><td>19,691</td><td>14,439</td><td>1,785,556</td><td>-18,921</td><td>12,361</td><td>835,783</td><td>1,969</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-29,070</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>U.S. investment incl. interagency items....</td><td>498,384</td><td>19,691</td><td>14,439</td><td>1,785,556</td><td>-18,925</td><td>12,361</td><td>835,783</td><td>1,969</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>-32,389</td><td>-59</td><td>-35</td><td>-</td><td>-246</td><td>-66</td><td>-7,124</td><td>-24</td></tr><tr><td>Due to Government agencies....................</td><td>5,677</td><td>170</td><td>2,031</td><td>-</td><td>13,471</td><td>1,697</td><td>4,786</td><td>1,444</td></tr><tr><td>U.S. investment excl. interagency items....</td><td>471,671</td><td>19,811</td><td>16,435</td><td>1,785,556</td><td>-5,692</td><td>13,933</td><td>871,333</td><td>1,945</td></tr></table>
Footnotes at end of Table 8.
114
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 5.- Certain Deposit Funds, June 30, 1961
(In thousands of dollars)
<table><tr><th>Account</th><th>Total</th><th colspan="2">Farm Credit Administration</th><th>Federal Deposit Insurance Corporation</th><th>Federal Home Loan Bank Board</th></tr><tr><th></th><th></th><th>Banks for cooperatives</th><th>Federal intermediate credit banks</th><th></th><th>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>94,019</td><td>10,281</td><td>11,921</td><td>81</td><td>71,737</td></tr><tr><td>Fund balances with the U. S. Treasury</td><td>12,868</td><td>153</td><td>385</td><td>2,191</td><td>10,139</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>4,047,367</td><td>45,990</td><td>107,800</td><td>2,439,517</td><td>1,454,060</td></tr><tr><td>Securities of wholly owned Govt. enterprises</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-)</td><td>-21,811</td><td>-42</td><td>-299</td><td>-14,734</td><td>-6,737</td></tr><tr><td>Other securities</td><td>2,001</td><td>2,001</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></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>Inventories</td><td>78</td><td>-</td><td>-</td><td>78</td><td>-</td></tr><tr><td>Allowance for losses (-)</td><td>-</td><td>-</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>3</td><td>3</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other (net)</td><td>64,052</td><td>8,396</td><td>28,760</td><td>16,416</td><td>10,479</td></tr><tr><td>Loans receivable:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies</td><td>10,275</td><td>9,275</td><td>1,000</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>4,298,182</td><td>596,719</td><td>1,830,888</td><td>1,135</td><td>1,869,439</td></tr><tr><td>Allowance for losses (-)</td><td>-5,837</td><td>-4,879</td><td>-</td><td>-958</td><td>-</td></tr><tr><td>Acquired security or collateral (net)</td><td>635</td><td>635</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Land, structures, and equipment</td><td>1,407</td><td>520</td><td>887</td><td>*</td><td>*</td></tr><tr><td>Accumulated depreciation (-)</td><td>-1,261</td><td>-455</td><td>-806</td><td>-</td><td>-</td></tr><tr><td>Other assets (net)</td><td>5,978</td><td>349</td><td>1,011</td><td>3,982</td><td>635</td></tr><tr><td>Total assets</td><td>8,507,954</td><td>668,947</td><td>1,981,546</td><td>2,447,708</td><td>3,409,753</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>4,953</td><td>2,357</td><td>2,497</td><td>99</td><td>-</td></tr><tr><td>Other</td><td>33,839</td><td>3,146</td><td>20,883</td><td>746</td><td>9,064</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>307</td><td>95</td><td>7</td><td>206</td><td>-</td></tr><tr><td>Other</td><td>1,154,966</td><td>47</td><td>229</td><td>228</td><td>1,154,463</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>10,275</td><td>1,000</td><td>9,275</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>3,184,825</td><td>386,000</td><td>1,744,250</td><td>-</td><td>1,054,575</td></tr><tr><td>All other liabilities (including reserves)</td><td>172,844</td><td>512</td><td>3,290</td><td>159,571</td><td>9,470</td></tr><tr><td>Total liabilities</td><td>4,562,009</td><td>393,157</td><td>1,780,431</td><td>160,849</td><td>2,227,572</td></tr><tr><td><b>NET INVESTMENT</b></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Private interests</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock</td><td>1,179,498</td><td>55,792</td><td>32,146</td><td>-</td><td>1,091,560</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>153,397</td><td>38,724</td><td>24,052</td><td>-</td><td>90,621</td></tr><tr><td>Total private interest</td><td>1,332,895</td><td>94,516</td><td>56,198</td><td>-</td><td>1,182,181</td></tr><tr><td>United States interest:</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></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 investment:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock</td><td>215,776</td><td>118,287</td><td>97,489</td><td>-</td><td>-</td></tr><tr><td>Appropriations</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></tr><tr><td>Other</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>2,397,275</td><td>62,988</td><td>47,428</td><td>2,286,859</td><td>3/</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>Total United States interest</td><td>2,613,051</td><td>181,274</td><td>144,917</td><td>2,286,859</td><td>-</td></tr><tr><td>Total liabilities and investment</td><td>8,507,954</td><td>668,947</td><td>1,981,546</td><td>2,447,708</td><td>3,409,753</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>215,776</td><td>118,287</td><td>97,489</td><td>-</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>2,397,275</td><td>62,988</td><td>47,428</td><td>2,286,859</td><td>-</td></tr><tr><td>Total U. S. investment including interagency items</td><td>2,613,051</td><td>181,274</td><td>144,917</td><td>2,286,859</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>-10,278</td><td>-9,278</td><td>-1,000</td><td>-</td><td>-</td></tr><tr><td>Due to Government agencies</td><td>15,535</td><td>3,452</td><td>11,779</td><td>305</td><td>-</td></tr><tr><td>Total U. S. investment excluding interagency items</td><td>2,618,308</td><td>175,448</td><td>155,696</td><td>2,287,164</td><td>-</td></tr></table>
1 See Table 1, footnote 4.
2 Includes $11,470 thousand in process of retirement.
3 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.
December 1961
115
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 6.- Certain Trust Revolving Funds, June 30, 1961
(In thousands of dollars)
<table><tr><th>Account</th><th>Total 1/</th><th colspan="3">Civil Service Commission</th><th>Federal Communications Commission</th><th>General Services Administration</th></tr><tr><th></th><th></th><th>Employees' health benefits fund</th><th>Employees' life insurance fund</th><th>Retired employees' health benefits fund 2/</th><th>International telecommunication settlements</th><th>National Archives trust fund</th></tr><tr><td colspan="7">ASSETS</td></tr><tr><td>Cash in banks, on hand, and in transit.....</td><td>973</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1</td></tr><tr><td>Fund balances with the U. S. Treasury 2/....</td><td>224,613</td><td>10,939</td><td>7,504</td><td>1,623</td><td>62</td><td>205</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>209,907</td><td>12,324</td><td>196,625</td><td>-</td><td>-</td><td>102</td></tr><tr><td>Securities of Government enterprises....</td><td>746</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-).....</td><td>-3,467</td><td>-637</td><td>-2,823</td><td>-</td><td>-</td><td>-3</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>39,565</td><td>23,520</td><td>6,392</td><td>1,075</td><td>-</td><td>2</td></tr><tr><td>Other (net).....</td><td>3,013</td><td>-</td><td>1,172</td><td>-</td><td>56</td><td>16</td></tr><tr><td>Inventories.....</td><td>400</td><td>40</td><td>5</td><td>*</td><td>-</td><td>41</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>1,361</td><td>67</td><td>1,293</td><td>-</td><td>-</td><td>1</td></tr><tr><td>On securities of Government enterprises....</td><td>122</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.....</td><td>11,352</td><td>-</td><td>3</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>341</td><td>-</td><td>341</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.....</td><td>2,545,753</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-).....</td><td>-102,468</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net).....</td><td>13,080</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Land, structures, and equipment.....</td><td>1,117</td><td>40</td><td>26</td><td>5</td><td>-</td><td>50</td></tr><tr><td>Accumulated depreciation (-).....</td><td>-693</td><td>-5</td><td>-11</td><td>*</td><td>-</td><td>-17</td></tr><tr><td>Other assets (net).....</td><td>64,142</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total assets.....</td><td>3,009,859</td><td>46,288</td><td>210,526</td><td>2,703</td><td>118</td><td>397</td></tr><tr><td colspan="7">LIABILITIES</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>323</td><td>111</td><td>200</td><td>-</td><td>-</td><td>12</td></tr><tr><td>Other.....</td><td>47,495</td><td>34,177</td><td>11,000</td><td>2,141</td><td>51</td><td>10</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>1,998</td><td>-</td><td>-</td><td>65</td><td>-</td><td>-</td></tr><tr><td>Other.....</td><td>21,111</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>2</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><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>25,503</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>11,041</td><td>-</td><td>-</td><td>341</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>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>2,188,220</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other liabilities (including reserves).....</td><td>19,608</td><td>1,125</td><td>595</td><td>537</td><td>-</td><td>8</td></tr><tr><td>Total liabilities.....</td><td>2,315,299</td><td>35,413</td><td>11,795</td><td>3,084</td><td>51</td><td>30</td></tr><tr><td colspan="7">NET INVESTMENT</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>297,854</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>Accumulated net income, or deficit (-).....</td><td>217,966</td><td>10,876</td><td>198,731</td><td>-381</td><td>67</td><td>368</td></tr><tr><td>Total trust interest.....</td><td>515,820</td><td>10,876</td><td>198,731</td><td>-381</td><td>67</td><td>368</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>158,820</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>19,920</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>178,740</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total liabilities and investment.....</td><td>3,009,859</td><td>46,288</td><td>210,526</td><td>2,703</td><td>118</td><td>397</td></tr></table>
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 semisannual and an annual basis at the present time.
2/ Included beginning June 30, 1961.
3/ See Table 1, footnote 4. Less than $500.
116
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 6.- Certain Trust Revolving Funds, June 30, 1961 - (Continued)
GG-2
(In thousands of dollars)
<table><tr><th rowspan="2">Account</th><th>Housing and Home Finance Agency</th><th>Agriculture Department</th><th>Defense Department</th><th colspan="3">Justice Department</th></tr><tr><th>Federal National Mortgage Assoc. Secondary market operations</th><th>Farmers' Home Administration State rural rehabilitation funds</th><th>Army Department United States Soldiers' Home revolving fund</th><th>Federal Prison System Commissary funds, Federal prisons</th><th>Office of Allen Property Alien property fund World War II</th><th>Office of Allen Property Philippines, World War II</th><th>International Claims Settlement Act, Titles II, 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>94</td><td>-</td><td>-</td><td>-</td><td>878</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 2/</td><td>61,559</td><td>3,195</td><td>38</td><td>213</td><td>137,063</td><td>1,120</td><td>1,094</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>856</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Securities of Government enterprises.</td><td>746</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-).</td><td>-</td><td>-3</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>8,576</td><td>-</td><td>-</td><td>-</td><td>*</td><td>-</td><td>-</td></tr><tr><td>Other (net).</td><td>1,762</td><td>2</td><td>1</td><td>*</td><td>4</td><td>-</td><td>-</td></tr><tr><td>Inventories.</td><td>-</td><td>-</td><td>97</td><td>218</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>122</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>10,719</td><td>630</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>2,522,259</td><td>23,491 4/</td><td>-</td><td>3</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-).</td><td>-99,695 5/</td><td>-2,772</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net).</td><td>13,079</td><td>*</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Land, structures, and equipment.</td><td>-</td><td>29</td><td>-</td><td>387</td><td>579</td><td>-</td><td>-</td></tr><tr><td>Accumulated depreciation (-).</td><td>-</td><td>-</td><td>-</td><td>-81</td><td>-579</td><td>-</td><td>-</td></tr><tr><td>Other assets (net).</td><td>9,661</td><td>31</td><td>-</td><td>-</td><td>54,146</td><td>157</td><td>148</td></tr><tr><td>Total assets.</td><td>2,528,789</td><td>25,552</td><td>137</td><td>740</td><td>191,213</td><td>2,155</td><td>1,241</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>-</td><td>-</td><td>*</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>36</td><td>*</td><td>2</td><td>78</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>1,899</td><td>34</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>21,105</td><td>6</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>2</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>25,503</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>10,700</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>2,188,220</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the United States.</td><td>16,368</td><td>-</td><td>-</td><td>-</td><td>974</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>2,263,831</td><td>40</td><td>2</td><td>78</td><td>976</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></tr><tr><td>Trust interest:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Principal of fund.</td><td>76,126</td><td>27,961 6/</td><td>135 2/</td><td>-</td><td>190,237</td><td>2,155</td><td>1,241</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>Accumulated net income, or deficit (-).</td><td>10,093</td><td>-2,449</td><td>-</td><td>662</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total trust interest.</td><td>86,218</td><td>25,512</td><td>135</td><td>662</td><td>190,237</td><td>2,155</td><td>1,241</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>158,820</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><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>19,920</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>178,740</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total liabilities and investment.</td><td>2,528,789</td><td>25,552</td><td>137</td><td>740</td><td>191,213</td><td>2,155</td><td>1,241</td></tr></table>
Footnotes 1 through 3 on preceding page.
4/ Includes loans of $16,036 thousand which are insured by the Farmers' Home Administration, farm tenant mortgage insurance revolving fund.
5/ Includes unrealized purchase discounts amounting to $97,825 thousand.
6/ Represents transfers from States.
7/ Represents principal of fund and capitalization of assets.
* Less than $500.
December 1961
117
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section 1 - Statements of Financial Condition
Table 7.- Loans Outstanding June 30, 1961, Excluding Interagency Loans and Those Made by Deposit and Trust Revolving Funds, Classified by Types of Loans 1/ (In thousands of dollars)
<table><tr><th>Type of loan and lending agency</th><th>Total 2/</th><th>Public enterprise revolving funds</th><th>Certain other activities</th><th>Foreign currency loans 2/</th></tr><tr><td>To aid agriculture:</td><td></td><td></td><td></td><td></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>12,466</td><td>-</td><td>12,466</td><td>-</td></tr><tr><td>Rural Electrification Administration</td><td>3,367,355</td><td>-</td><td>3,367,355</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>869,692</td><td>869,692</td><td>-</td><td>-</td></tr><tr><td>Disaster loans, etc., revolving fund</td><td>54,270</td><td>54,270</td><td>-</td><td>-</td></tr><tr><td>Farmers' Home Administration</td><td>2,643</td><td>-</td><td>2,643</td><td>-</td></tr><tr><td>Virgin Islands Corporation</td><td>2</td><td>2</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>47,311</td><td>47,311</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>506,252</td><td>-</td><td>506,252</td><td>-</td></tr><tr><td>Farm tenant mortgage insurance fund</td><td>35,822</td><td>35,822</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>605,762 4/</td><td>605,762 4/</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>475,663</td><td>-</td><td>475,663</td><td>-</td></tr><tr><td>Total to aid agriculture</td><td>5,977,238</td><td>1,612,859</td><td>4,364,379</td><td>-</td></tr><tr><td>To aid home owners:</td><td></td><td></td><td></td><td></td></tr><tr><td>Mortgage loans:</td><td></td><td></td><td></td><td></td></tr><tr><td>Federal Housing Administration</td><td>202,195</td><td>202,195</td><td>-</td><td>-</td></tr><tr><td>Federal National Mortgage Association:</td><td></td><td></td><td></td><td></td></tr><tr><td>Management and liquidating functions</td><td>1,587,118</td><td>1,587,118</td><td>-</td><td>-</td></tr><tr><td>Special assistance functions</td><td>1,828,775</td><td>1,828,775</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>Community disposal operations fund</td><td>4,345</td><td>4,345</td><td>-</td><td>-</td></tr><tr><td>Liquidating programs</td><td>729</td><td>729</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 Hoonah housing project</td><td>173</td><td>173</td><td>-</td><td>-</td></tr><tr><td>Public Housing Administration</td><td>387</td><td>387</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>1,221,937</td><td>1,221,937</td><td>-</td><td>-</td></tr><tr><td>Loan guaranty program</td><td>3,992</td><td>-</td><td>3,992</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>6,714</td><td>6,714</td><td>-</td><td>-</td></tr><tr><td>Loan guaranty program</td><td>384,553</td><td>-</td><td>384,553</td><td>-</td></tr><tr><td>Total to aid home owners</td><td>5,240,919</td><td>4,852,375</td><td>388,545</td><td>-</td></tr><tr><td>To aid industry:</td><td></td><td></td><td></td><td></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>1,145</td><td>1,145</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>5,573</td><td>5,573</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>4,006</td><td>4,006</td><td>-</td><td>-</td></tr><tr><td>Maritime activities</td><td>132,816</td><td>-</td><td>132,816</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>13,295</td><td>13,295</td><td>-</td><td>-</td></tr><tr><td>Treasury Department</td><td>120,442</td><td>120,442</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>3,446</td><td>3,446</td><td>-</td><td>-</td></tr><tr><td>Army Department</td><td>2,453</td><td>2,453</td><td>-</td><td>-</td></tr><tr><td>Navy Department</td><td>1,667</td><td>1,667</td><td>-</td><td>-</td></tr><tr><td>Other purposes:</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>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>4,183</td><td>4,183</td><td>-</td><td>-</td></tr><tr><td>Inland Waterways Corporation</td><td>5,000</td><td>5,000</td><td>-</td><td>-</td></tr><tr><td>Interior Department:</td><td></td><td></td><td></td><td></td></tr><tr><td>Office of Minerals Exploration</td><td>229</td><td>-</td><td>229</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>6,507</td><td>6,507</td><td>-</td><td>-</td></tr><tr><td>Virgin Islands Corporation</td><td>118</td><td>118</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>414,454</td><td>414,454</td><td>-</td><td>-</td></tr><tr><td>Reconstruction Finance Corporation liquidation fund</td><td>2,006</td><td>2,006</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>798</td><td>798</td><td>-</td><td>-</td></tr><tr><td>Reconstruction Finance Corporation liquidation fund</td><td>9,028</td><td>9,028</td><td>-</td><td>-</td></tr><tr><td>Total to aid industry</td><td>727,724</td><td>694,679</td><td>133,045</td><td>-</td></tr></table>
Footnotes at end of table.
(Continued on following page)
118
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 7.- Loans Outstanding June 30, 1961, Excluding Interagency Loans and Those Made by Deposit and Trust Revolving Funds, Classified by Types of Loans - (Continued)
(In thousands of dollars)
<table><tr><th>Type of loan and lending agency</th><th>Total 2/</th><th>United States dollar loans<br>Public enterprise revolving funds</th><th>Certain other activities</th><th>Foreign currency loans 2/</th></tr><tr><td>To aid 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>77,269</td><td>-</td><td>77,269</td><td>-</td></tr><tr><td>Health, Education, and Welfare Department:</td><td>710</td><td>-</td><td>710</td><td>-</td></tr><tr><td>Public Health Service.</td><td></td><td></td><td></td><td></td></tr><tr><td>Housing and Home Finance Administrator:</td><td>55,449</td><td>55,449</td><td>-</td><td>-</td></tr><tr><td>Public facility loans.</td><td>7,985</td><td>7,985</td><td>-</td><td>-</td></tr><tr><td>Liquidating programs.</td><td>78,558</td><td>78,558</td><td>-</td><td>-</td></tr><tr><td>Urban renewal fund.</td><td>4</td><td>4</td><td>-</td><td>-</td></tr><tr><td>Inland Waterways Corporation.</td><td></td><td></td><td></td><td></td></tr><tr><td>Interior Department:</td><td></td><td></td><td></td><td></td></tr><tr><td>Bureau of Reclamation.</td><td>34,711</td><td>-</td><td>34,711</td><td>-</td></tr><tr><td>Office of Territories, Alaska Public Works.</td><td>16,814</td><td>-</td><td>16,814</td><td>-</td></tr><tr><td>National Capital Planning Commission.</td><td>861</td><td>-</td><td>861</td><td>-</td></tr><tr><td>Public Housing Administration.</td><td>96,668</td><td>96,668</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>33,721</td><td>-</td><td>33,721</td><td>-</td></tr><tr><td>Total to aid States, Territories, etc.</td><td>402,752</td><td>238,664</td><td>164,088</td><td>-</td></tr><tr><td>To aid financial institutions:</td><td></td><td></td><td></td><td></td></tr><tr><td>Loans to banks:</td><td></td><td></td><td></td><td></td></tr><tr><td>Federal Savings and Loan Insurance Corporation.</td><td>45,000</td><td>45,000</td><td>-</td><td>-</td></tr><tr><td>Foreign loans:</td><td></td><td></td><td></td><td></td></tr><tr><td>Expansion of defense production:</td><td>15,055</td><td>15,055</td><td>-</td><td>-</td></tr><tr><td>Export-Import Bank of Washington.</td><td></td><td></td><td></td><td></td></tr><tr><td>Military assistance credit sales:</td><td></td><td></td><td></td><td></td></tr><tr><td>Defense Department:</td><td>13,765</td><td>-</td><td>13,765</td><td>-</td></tr><tr><td>Air Force Department.</td><td>34,415</td><td>-</td><td>34,415</td><td>-</td></tr><tr><td>Army Department.</td><td>8,355</td><td>-</td><td>8,355</td><td>-</td></tr><tr><td>Navy Department.</td><td></td><td></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>15,491</td><td>-</td><td>15,491</td><td>-</td></tr><tr><td>Maritime activities.</td><td>134,681</td><td>134,681</td><td>-</td><td>378,862 5/</td></tr><tr><td>Development loan fund.</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></td></tr><tr><td>Regular lending activities.</td><td>3,367,699</td><td>3,367,699</td><td>-</td><td>-</td></tr><tr><td>Liquidation of certain Reconstruction Finance Corporation assets.</td><td>6</td><td>6</td><td>-</td><td>-</td></tr><tr><td>Loans to United States firms and domestic or foreign firms in foreign countries.</td><td>-</td><td>-</td><td>-</td><td>47,186 6/</td></tr><tr><td>International Cooperation Administration.</td><td>1,768,484</td><td>-</td><td>1,768,484</td><td>1,886,978 7/</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>3,320,222</td><td>-</td><td>3,320,222</td><td>-</td></tr><tr><td>Total foreign loans.</td><td>8,678,174</td><td>3,517,442</td><td>5,160,732</td><td>2,313,026</td></tr><tr><td>Other loans:</td><td></td><td></td><td></td><td></td></tr><tr><td>Farm Credit Administration:</td><td>2,191</td><td>2,191</td><td>-</td><td>-</td></tr><tr><td>Federal Farm Mortgage Corporation.</td><td></td><td></td><td></td><td></td></tr><tr><td>General Services Administration:</td><td>6,632</td><td>6,632</td><td>-</td><td>-</td></tr><tr><td>Federal Facilities Corporation.</td><td>81,462</td><td>-</td><td>81,462</td><td>-</td></tr><tr><td>Surplus property credit sales.</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>173</td><td>-</td><td>173</td><td>-</td></tr><tr><td>Loans to students (World War II).</td><td>128,252</td><td>-</td><td>128,252</td><td>-</td></tr><tr><td>Loans to students in institutions of higher education.</td><td>2,311</td><td>-</td><td>2,311</td><td>-</td></tr><tr><td>Loans to institutions and nonprofit schools.</td><td></td><td></td><td></td><td></td></tr><tr><td>Housing and Home Finance Administrator:</td><td>958,448</td><td>958,048</td><td>-</td><td>-</td></tr><tr><td>College housing loans.</td><td>7,514</td><td>7,514</td><td>-</td><td>-</td></tr><tr><td>Liquidating programs.</td><td></td><td></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>43</td><td>-</td><td>43</td><td>-</td></tr><tr><td>Loans for Indian assistance.</td><td>10,347</td><td>10,347</td><td>-</td><td>-</td></tr><tr><td>Revolving fund for loans.</td><td></td><td></td><td></td><td></td></tr><tr><td>Office of Territories:</td><td>144</td><td>144</td><td>-</td><td>-</td></tr><tr><td>Loans to private trading enterprises.</td><td></td><td></td><td></td><td></td></tr></table>
Footnotes at end of table.
(Continued on following page)
December 1961
119
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 7.- Loans Outstanding June 30, 1961, Excluding Interagency Loans and Those Made by Deposit and Trust Revolving Funds, Classified by Types of Loans - (Continued)
(in thousands of dollars)
<table><tr><th>Type of loan and lending agency</th><th colspan="4">United States dollar loans</th><th>Foreign currency loans 2/</th></tr><tr><th></th><th>Total 2/</th><th>Public enterprise revolving funds</th><th>Certain other activities</th><th></th></tr><tr><td>Other loans - (Continued):</td><td></td><td></td><td></td><td></td></tr><tr><td>Public Housing Administration</td><td>428</td><td>428</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>47,826</td><td>47,826</td><td>-</td><td>-</td></tr><tr><td>Reconstruction Finance Corporation liquidation fund</td><td>1,744</td><td>1,744</td><td>-</td><td>-</td></tr><tr><td>State Department:</td><td></td><td></td><td></td><td></td></tr><tr><td>Loan to United Nations</td><td>47,500</td><td>-</td><td>47,500</td><td>-</td></tr><tr><td>Emergency loans to individuals</td><td>823</td><td>-</td><td>823</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>105</td><td>-</td><td>105</td><td>-</td></tr><tr><td>Veterans' Administration:</td><td></td><td></td><td></td><td></td></tr><tr><td>Insurance appropriations policy loans</td><td>729</td><td>-</td><td>729</td><td>-</td></tr><tr><td>Service-disabled veterans' insurance fund</td><td>1,559</td><td>1,559</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>344</td><td>344</td><td>-</td><td>-</td></tr><tr><td>Vocational rehabilitation revolving fund</td><td>92</td><td>92</td><td>-</td><td>-</td></tr><tr><td>Total other loans</td><td>1,298,320</td><td>1,036,922</td><td>261,398</td><td>-</td></tr><tr><td>Total loans</td><td>22,370,127</td><td>11,897,940</td><td>10,472,137</td><td>2,313,026</td></tr></table>
1/ In accordance with an amendment issued June 23, 1960, to Department Circular No. 966, purchase money mortgages and similar long-term paper held by the agencies are now classified as loans receivable and are included in this table. Prior to June 30, 1960, these assets had been classified as accounts and notes receivable or other assets.
2/ Does not include foreign currency loans.
3/ 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 rates of exchange at which Treasury sells such currencies to Government agencies). 4/ Includes certificates of interest. 2/ Public enterprise revolving fund. 5/ Certain other activity (Part A). 7/ Certain other activities (Parts A and B).
120
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 8.- Loans Outstanding by Periods for All Business-Type Activities
Excluding Interagency Loans but Including Foreign Currency Loans
Part A.- Classified by Types of Loans
(In millions of dollars)
<table><tr><th>End of period</th><th>Total 1/</th><th colspan="5">To aid agriculture</th><th colspan="3">To aid home owners</th></tr><tr><th></th><th></th><th>Total to aid agriculture</th><th>Agricultural credit corporations</th><th>Cooperative associations</th><th>Crop, livestock, 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>Fiscal years:</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>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>1,958.8</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>2,333.3</td><td>1,216.5</td><td>588.8</td><td>32.2</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>.1</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</td><td>.2</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>74.9 2/</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>104.5</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>154.7</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>5,641.6</td><td>231.1</td></tr><tr><td>1960</td><td>29,568.3</td><td>7,797.5</td><td>1,697.8</td><td>3,748.2</td><td>1,360.7</td><td>504.5</td><td>486.1</td><td>7,563.6</td><td>7,247.0</td><td>316.6</td></tr><tr><td>1961</td><td>31,527.1</td><td>8,428.3</td><td>1,832.2</td><td>3,974.4</td><td>1,532.3</td><td>558.5</td><td>530.9</td><td>7,763.2</td><td>7,371.9</td><td>391.3</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></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>2,141.6</td><td>2,141.4</td><td>.3</td></tr><tr><td>1952</td><td>17,966.7</td><td>5,070.3</td><td>671.3</td><td>2,341.1</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>19,575.5</td><td>6,929.2</td><td>635.6</td><td>2,589.6</td><td>3,026.2</td><td>628.7</td><td>49.2</td><td>2,906.8</td><td>2,906.6</td><td>.2</td></tr><tr><td>1955</td><td>20,506.3</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>3,204.1</td><td>3,204.1</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 2/</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>4,360.3</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>486.2</td><td>413.5</td><td>6,735.1</td><td>6,462.1</td><td>273.0</td></tr><tr><td>1960</td><td>31,122.6</td><td>8,299.5</td><td>1,502.0</td><td>3,948.3</td><td>1,871.3</td><td>530.4</td><td>447.5</td><td>8,032.2</td><td>7,679.1</td><td>353.1</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></tr><tr><td>1959-September</td><td>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><tr><td>1960-March</td><td>31</td><td>28,507.8</td><td>8,178.1</td><td>1,499.1</td><td>3,759.3</td><td>1,943.7</td><td>492.3</td><td>483.6</td><td>6,998.1</td><td>6,703.7</td><td>294.4</td></tr><tr><td>September</td><td>30</td><td>30,469.2</td><td>8,191.1</td><td>1,699.6</td><td>3,836.4</td><td>1,644.3</td><td>522.1</td><td>488.7</td><td>7,853.8</td><td>7,516.2</td><td>337.6</td></tr><tr><td>1961-March</td><td>31</td><td>31,393.9</td><td>8,817.3</td><td>1,626.6</td><td>4,006.7</td><td>2,121.9</td><td>537.2</td><td>524.9</td><td>7,948.3</td><td>7,580.7</td><td>367.6</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 States, Territories, etc.</th><th>Foreign loans 4/ 5/</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>6/</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>6/</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>6/</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>7,617.0</td><td>68.4</td></tr><tr><td>1953</td><td>614.6</td><td>78.6</td><td>7/</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>7,924.8</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>172.3</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>-</td><td>929.5</td><td>270.9</td><td>9,046.2</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>1960</td><td>753.6</td><td>7.2</td><td>155.2</td><td>591.3</td><td>1,801.5</td><td>31.7</td><td>-</td><td>1,769.8</td><td>348.9</td><td>10,266.8</td><td>1,036.3</td></tr><tr><td>1961</td><td>727.7</td><td>6.7</td><td>136.8</td><td>584.2</td><td>1,915.6</td><td>46.1</td><td>-</td><td>1,869.4</td><td>402.8</td><td>10,991.2</td><td>1,298.3</td></tr><tr><td colspan="12">Calendar years:</td></tr><tr><td>1950</td><td>568.0</td><td>109.9</td><td>6/</td><td>458.1</td><td>824.3</td><td>.1</td><td>14.0</td><td>810.2</td><td>468.0</td><td>6,077.8</td><td>62.8</td></tr><tr><td>1951</td><td>589.1</td><td>100.7</td><td>6/</td><td>488.5</td><td>814.2</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>6/</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>7/</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>1960</td><td>748.0</td><td>7.0</td><td>151.4</td><td>589.6</td><td>2,027.3</td><td>46.5</td><td>-</td><td>1,980.8</td><td>369.1</td><td>10,483.6</td><td>1,162.8</td></tr><tr><td colspan="12">Current quarters:</td></tr><tr><td>1959-September</td><td>30</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>666.1</td></tr><tr><td>1960-March</td><td>31</td><td>739.1</td><td>7.2</td><td>158.1</td><td>573.8</td><td>1,522.1</td><td>1.8</td><td>-</td><td>1,520.3</td><td>316.1</td><td>9,971.9</td><td>782.5</td></tr><tr><td>September</td><td>30</td><td>759.7</td><td>7.0</td><td>154.4</td><td>598.3</td><td>1,782.8</td><td>46.7</td><td>-</td><td>1,736.1</td><td>424.9</td><td>10,344.1</td><td>1,112.9</td></tr><tr><td>1961-March</td><td>31</td><td>737.4</td><td>6.9</td><td>139.1</td><td>591.4</td><td>1,525.2</td><td>48.5</td><td>-</td><td>1,476.6</td><td>373.1</td><td>10,761.3</td><td>1,231.4</td></tr></table>
Footnotes on page 123.
(Continued on following page)
December 1961
121
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 8.-Loans Outstanding by Periods for All Business-Type Activities
Excluding Interagency Loans but Including Foreign Currency Loans - (Continued)
Part B.- Classified by Agencies
(In millions of dollars)
<table><tr><th>End of period</th><th>Total 1/</th><th>Development loan fund</th><th>International Cooperation Administration 2/</th><th>Export-Import Bank of Washington Expansion of defense prod.</th><th>Other</th><th>Farm Credit Administration Banks for cooperatives</th><th>Federal Farm Mortgage Corp. 2/</th><th>Federal intermediate credit banks</th><th>Fed. Home Loan Bk. Board Fed. home loan banks</th><th>Reconstruction Finance Corp. 10/ 11/</th><th>Small Business Administration</th><th>Veterans' Administration Direct loan program</th><th>Loan guaranty program</th><th>General Services Administration 12/</th></tr><tr><td>Fiscal 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><td></td></tr><tr><td>1950</td><td>12,771.7 13/</td><td>-</td><td>4/</td><td>-</td><td>2,233.3</td><td>245.1</td><td>52.9</td><td>574.2</td><td>442.8</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>-</td><td>4/</td><td>-</td><td>2,321.6</td><td>312.1</td><td>39.7</td><td>754.1</td><td>816.2</td><td>809.6</td><td>-</td><td>132.3</td><td>17.2</td><td>87.1</td></tr><tr><td>1952</td><td>16,066.0</td><td>-</td><td>1,457.2</td><td>.1</td><td>2,388.9</td><td>343.1</td><td>29.3</td><td>865.7</td><td>652.7</td><td>716.2</td><td>-</td><td>207.4</td><td>39.5</td><td>86.8</td></tr><tr><td>1953</td><td>17,863.4</td><td>-</td><td>1,529.7</td><td>.4</td><td>2,547.0</td><td>324.3</td><td>21.6</td><td>823.8</td><td>718.3</td><td>775.9</td><td>-</td><td>298.2</td><td>50.8</td><td>85.6</td></tr><tr><td>1954</td><td>18,743.8</td><td>-</td><td>1,543.5</td><td>13.1</td><td>2,761.8</td><td>309.2</td><td>15.9</td><td>773.9</td><td>675.1</td><td>379.6</td><td>2.2</td><td>370.2</td><td>60.5</td><td>84.5</td></tr><tr><td>1955</td><td>19,420.5</td><td>-</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>433.3</td><td>78.2</td><td>83.4</td></tr><tr><td>1956</td><td>20,547.5</td><td>-</td><td>1,885.5</td><td>30.3</td><td>2,681.5</td><td>349.1</td><td>-</td><td>897.7</td><td>1,173.4</td><td>-</td><td>85.1</td><td>521.3</td><td>106.8</td><td>82.3</td></tr><tr><td>1957</td><td>21,812.8</td><td>-</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>694.1</td><td>156.8</td><td>81.1</td></tr><tr><td>1958</td><td>22,893.4</td><td>1.5</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>929.5</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>67.0</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>393.7</td><td>1,054.9</td><td>315.6</td><td>162.7</td></tr><tr><td>1960</td><td>29,568.3</td><td>262.1</td><td>3,263.1</td><td>24.4</td><td>3,268.0</td><td>553.1</td><td>3.9</td><td>1,697.8</td><td>1,769.8</td><td>-</td><td>466.0</td><td>1,228.7</td><td>388.5</td><td>165.9</td></tr><tr><td>1961</td><td>31,527.1</td><td>513.5</td><td>3,655.5</td><td>15.1</td><td>3,414.9</td><td>596.7</td><td>2.2</td><td>1,830.9</td><td>1,869.4</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><td></td></tr><tr><td>1950</td><td>13,413.2 13/</td><td>-</td><td>4/</td><td>-</td><td>2,226.5</td><td>345.5</td><td>45.5</td><td>510.2</td><td>816.0</td><td>816.0</td><td>-</td><td>112.7</td><td>11.0</td><td>3".2</td></tr><tr><td>1951</td><td>14,595.1</td><td>-</td><td>4/</td><td>-</td><td>2,296.0</td><td>424.8</td><td>34.0</td><td>633.0</td><td>805.9</td><td>771.1</td><td>-</td><td>164.0</td><td>33.7</td><td>86.7</td></tr><tr><td>1952</td><td>17,966.7</td><td>-</td><td>1,514.3</td><td>.2</td><td>2,496.1</td><td>424.0</td><td>24.9</td><td>673.3</td><td>864.2</td><td>762.8</td><td>-</td><td>257.1</td><td>44.2</td><td>85.9</td></tr><tr><td>1953</td><td>20,086.0</td><td>-</td><td>1,536.8</td><td>7.9</td><td>2,833.3</td><td>377.1</td><td>18.4</td><td>590.2</td><td>951.6</td><td>589.5</td><td>-</td><td>328.6</td><td>55.6</td><td>84.9</td></tr><tr><td>1954</td><td>19,575.5</td><td>-</td><td>1,623.9</td><td>19.8</td><td>2,806.2</td><td>366.7</td><td>13.4</td><td>637.7</td><td>867.5</td><td>-</td><td>26.8</td><td>412.8</td><td>68.2</td><td>83.8</td></tr><tr><td>1955</td><td>20,506.3</td><td>-</td><td>1,766.8</td><td>23.5</td><td>2,702.2</td><td>375.1</td><td>11.6</td><td>689.4</td><td>1,416.8</td><td>-</td><td>54.1</td><td>463.8</td><td>91.2</td><td>82.6</td></tr><tr><td>1956</td><td>21,091.5</td><td>-</td><td>1,994.6</td><td>38.2</td><td>2,663.1</td><td>457.1</td><td>-</td><td>733.6</td><td>1,228.2</td><td>-</td><td>115.6</td><td>640.4</td><td>129.2</td><td>81.5</td></tr><tr><td>1957</td><td>22,755.6</td><td>-</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>1,265.2</td><td>-</td><td>202.9</td><td>745.6</td><td>190.0</td><td>80.3</td></tr><tr><td>1958</td><td>25,851.1</td><td>5.9</td><td>2,682.3</td><td>30.4</td><td>3,332.1</td><td>511.3</td><td>-</td><td>1,159.0</td><td>1,298.3</td><td>-</td><td>292.8</td><td>893.8</td><td>272.8</td><td>79.1</td></tr><tr><td>1959</td><td>28,277.7</td><td>159.3</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></td><td></td><td></td></tr><tr><td>1960</td><td>31,122.6</td><td>378.8</td><td>3,381.9</td><td>22.3</td><td>3,290.5</td><td>650.1</td><td>2.2</td><td>1,501.7</td><td>1,980.8</td><td>-</td><td>427.5</td><td>1,146.7</td><td>351.3</td><td>163.1</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><td></td></tr><tr><td>1959-Sept. 30.</td><td>27,588.9</td><td>115.4</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><tr><td>1960-Mar. 31.</td><td>28,507.8</td><td>217.4</td><td>3,115.0</td><td>26.4</td><td>3,239.5</td><td>608.8</td><td>-</td><td>1,499.1</td><td>1,520.3</td><td>-</td><td>380.2</td><td>944.0</td><td>293.8</td><td>78.8</td></tr><tr><td>Sept. 30.</td><td>30,469.2</td><td>304.9</td><td>3,310.0</td><td>24.4</td><td>3,263.6</td><td>591.2</td><td>2.2</td><td>1,698.1</td><td>1,736.1</td><td>-</td><td>398.4</td><td>1,096.3</td><td>336.0</td><td>163.1</td></tr><tr><td>1961-Mar. 31.</td><td>31,393.9</td><td>434.9</td><td>3,531.7</td><td>19.5</td><td>3,370.9</td><td>667.0</td><td>2.2</td><td>1,625.7</td><td>1,476.6</td><td>-</td><td>433.7</td><td>1,190.4</td><td>365.3</td><td>163.1</td></tr></table>
<table><tr><th rowspan="2">End of period</th><th colspan="6">Housing and Home Finance Agency</th><th colspan="3">Agriculture Department</th><th rowspan="2">Commerce Dept.</th><th rowspan="2">Interior Dept.</th><th colspan="2">Treasury Department</th><th rowspan="2">Other</th></tr><tr><th>Office of the Administrator 14/</th><th colspan="3">Federal National Mortgage Association 15/</th><th>Federal Housing Administration 16/</th><th>Public Housing Administration 17/</th><th>Commodity Credit Corporation 18/</th><th>Farmers' Home Administration 18/</th><th>Rural Electrification Administration</th><th>Maritime activities</th><th>RFC (in liquidation) 10/</th><th>Expansion of defense prod.</th><th>Other 19</th></tr><tr><th>Fiscal years:</th><th></th><th>Manage-ment and liquidating</th><th>Sec-ondary market</th><th>Special assistance</th><th></th><th></th><th></th><th></th><th></th><th></th><th>Expan-sion of defense prod.</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>-</td><td>3,780.1</td><td>27.4</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>-</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>-</td><td>3,742.3</td><td>4.1</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>1,162.6</td><td>645.4</td><td>2,013.8</td><td>7/</td><td>7.0</td><td>-</td><td>-</td><td>3,695.9</td><td>3.1</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>2,164.0</td><td>-</td><td>10.1</td><td>202.1</td><td>151.2</td><td>3,651.1</td><td>40.3</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>116.6</td><td>170.9</td><td>3,601.0</td><td>28.1</td></tr><tr><td>1956</td><td>308.2</td><td>2,495.6</td><td>233.4</td><td>4.4</td><td>-</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>70.4</td><td>180.2</td><td>3,564.3</td><td>31.2</td></tr><tr><td>1957</td><td>456.7</td><td>2,356.5</td><td>1,248.1</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>-</td><td>181.7</td><td>3,474.4</td><td>31.1</td></tr><tr><td>1958</td><td>477.2</td><td>2,218.5</td><td>1,393.6</td><td>164.2</td><td>-</td><td>91.3</td><td>1,600.0</td><td>902.7</td><td>2,773.6</td><td>235.0</td><td>18.8</td><td>-</td><td>169.4</td><td>3,470.7</td><td>29.3</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>208.0</td><td>14.6</td><td>-</td><td>16.9</td><td>3,444.2</td><td>30.4</td></tr><tr><td>1960</td><td>905.4</td><td>1,726.5</td><td>2,600.5</td><td>1,690.1</td><td>166.7</td><td>93.1</td><td>1,347.0</td><td>1,013.1</td><td>3,186.5</td><td>179.1</td><td>14.3</td><td>-</td><td>121.6</td><td>3,349.4</td><td>36.7</td></tr><tr><td>1961</td><td>1,116.8</td><td>1,587.1</td><td>2,522.3</td><td>1,828.8</td><td>202.2</td><td>97.5</td><td>1,522.8</td><td>1,110.6</td><td>3,367.4</td><td>122.3</td><td>13.1</td><td>-</td><td>-</td><td>-</td><td>-</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><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>-</td><td>3,771.0</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>-</td><td>3,779.6</td><td>30.2</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>6/</td><td>5.1</td><td>-</td><td>-</td><td>3,697.0</td><td>3.4</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>7/</td><td>3.9</td><td>-</td><td>146.8</td><td>3,511.6</td><td>3.1</td></tr><tr><td>1954</td><td>192.2</td><td>2,461.9</td><td>*</td><td>-</td><td>48.3</td><td>113.2</td><td>2,980.9</td><td>700.5</td><td>2,225.8</td><td>-</td><td>11.0</td><td>209.1</td><td>166.6</td><td>3,604.2</td><td>34.6</td></tr><tr><td>1955</td><td>264.3</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>3,522.9</td><td>3.1</td></tr><tr><td>1956</td><td>352.4</td><td>2,417.8</td><td>648.7</td><td>5.6</td><td>-</td><td>106.0</td><td>2,348.9</td><td>757.6</td><td>2,438.2</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>3,517.7</td><td>31.0</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>841.8</td><td>2,874.4</td><td>226.3</td><td>14.7</td><td>-</td><td>176.3</td><td>3,669.9</td><td>31.3</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>3,507.3</td><td>31.3</td></tr><tr><td>1960</td><td>1,007.7</td><td>1,659.5</td><td>2,903.0</td><td>1,777.1</td><td>183.3</td><td>99.3</td><td>1,874.6</td><td>983.9</td><td>3,187.7</td><td>171.3</td><td>13.6</td><td>-</td><td>161.7</td><td>3,451.3</td><td>36.3</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><th></th></tr><tr><td>1959-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>3,441.0</td><td>31.3</td></tr><tr><td>1960-Mar. 31.</td><td>859.9</td><td>1,759.0</td><td>2,370.4</td><td>1,630.0</td><td>-</td><td>91.4</td><td>1,928.9</td><td>1,001.5</td><td>3,139.8</td><td>184.7</td><td>14.3</td><td>-</td><td>164.7</td><td>3,441.1</td><td>34.1</td></tr><tr><td>Sept. 30.</td><td>995.1</td><td>1,694.3</td><td>2,806.5</td><td>1,735.8</td><td>175.6</td><td>136.8</td><td>1,633.8</td><td>1,031.5</td><td>3,236.4</td><td>176.5</td><td>13.6</td><td>-</td><td>161.8</td><td>3,340.6</td><td>34.1</td></tr><tr><td>1961-Mar. 31.</td><td>1,056.0</td><td>1,626.4</td><td>2,769.8</td><td>1,799.7</td><td>190.3</td><td>95.7</td><td>2,114.4</td><td>1,081.1</td><td>3,329.1</td><td>156.4</td><td>13.4</td><td>-</td><td>158.7</td><td>3,310.7</td><td>33.5</td></tr></table>
Footnotes on page 123.
122
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Footnotes to Table 1
1 Business-type activities reporting pursuant to Department Circular No. 96c.
2 Activities reporting pursuant to Supplement No. 1 to Department Circular No. 96c. These are mainly not business-type activities. Excluded from the June 30, 1961, figures are those activities whose reports for that date cover assets only (see Headnote), and also certain activities of the Department of Defense, which have not yet furnished the data required by Supplement No. 1.
2 With the exceptions indicated in footnote 2.
4 These amounts 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 to be issued against the balances.
5 Includes foreign currency assets, representing loans and other
revenues receivable in foreign currency as well as values of foreign currencies in United States territories, approximately $6,041,753 thousand in dollar equivalent. These currencies, acquired primarily 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 Acts, as amended. Dollar equivalents are computed for reporting purposes, to provide a common denominator for the currencies of the many countries involved. Foreign currencies in hand and on deposit, and loans under section 104 (e) of the Agricultural Trade Development and Assistance Act of 1954, as amended, are stated at the rates as of June 30, 1961, at which the United States could purchase currencies on the market for regular operating purposes. Other loans are stated at the rates at which they are to be repaid or at rates in effect when the loans were extended. Currencies that are dollar denominated or guaranteed as to rate of exchange, are stated at rates specified in the agreements.
Footnotes to Table 2
1/ See Table 1, footnote 4.
2/ Foreign currency assets are included throughout the table. See Table 1, footnote 5.
2' Certain corporations and other business-type activities that have submitted statements of financial condition have guaranteed and insured loans which were 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
<table><tr><td>Development loan fund</td><td>748</td></tr><tr><td>Small Business Administration:</td><td></td></tr><tr><td>Revolving fund</td><td>21,680</td></tr><tr><td>Veterans' Administration:</td><td></td></tr><tr><td>Loan guaranty program</td><td>16,394,300</td></tr><tr><td>Housing and Home Finance Agency:</td><td></td></tr><tr><td>Office of the Administrator:</td><td></td></tr><tr><td>Urban renewal fund</td><td>713,348</td></tr><tr><td>Federal Housing Administration</td><td>34,533,893</td></tr><tr><td>Public Housing Administration:</td><td></td></tr><tr><td>Local housing authority bonds and notes (commit-ments covered by annual contributions)</td><td>2,925,336</td></tr><tr><td>Local housing authority temporary notes (guaranteed)</td><td>813,394</td></tr><tr><td>Agriculture Department:</td><td></td></tr><tr><td>Farmers' Home Administration:</td><td></td></tr><tr><td>Farm tenant mortgage insurance fund</td><td>182,224</td></tr><tr><td>Commerce Department:</td><td></td></tr><tr><td>Federal ship mortgage insurance fund</td><td>354,608</td></tr><tr><td>Treasury Department:</td><td></td></tr><tr><td>Expansion of defense production</td><td>13,637</td></tr><tr><td>Defense production guarantees (various activities)</td><td>171,377</td></tr><tr><td>Represents the remaining accountability of the United States Government in certain assets and liabilities transferred from the Reconstruction Finance Corporation effective July 1, 1954.</td><td></td></tr></table>
Footnotes to Table 3
1/ See Table 1, footnote 4.
2/ Has been reduced by rescissions and transfers made by the Defense Department stock funds (see footnote 4).
2/ Excludes capital property such as land, structures, and equipment as follows: Air Force, $1,186,439 thousand; Army, $1,443,272
thousand; and Navy, $,593,679 thousand.
4. Has been reduced by rescissions and transfers to other accounts as follows: Air Force, $455,000 thousand; Army, $,850,500 thousand; Navy, $1,691,500 thousand; and Marine Corps, $157,600 thousand.
* Less than $500.
Footnotes to Table 4 - Part A
1/ Consists of certain activities that are reporting on a quarterly basis. These are business-type operations.
2/ The State Department, International Boundary and Water Commission, formerly included in this table is now included in the statement of the State Department shown in Table 4, Part B.
3/ Represents assets and liabilities of the United States Civil Service Commission exclusive of trust and revolving funds.
4/ Represents the Cooley loan program established pursuant to the act approved August 13, 1957 (Public Law 85-128).
5/ See Table 1, footnote 4.
6/ Foreign currency assets are included throughout the table. See Table 1, footnote 5.
7/ Represents assets and liabilities of the General Services Administration exclusive of trust and revolving funds and strategic and critical materials.
8/ Represents notes and mortgages acquired from credit sales of surplus property. Formerly included with accounts and notes receivable (see footnote 1 at the end of Table 7).
2/ See Table 2, footnote 3.
10/ Includes stock of the International Bank for Reconstruction and Development amounting to $635,000 thousand; and subscriptions to the International Monetary Fund, the International Finance Corporation, the Inter-American Development Bank, and the International Development Association amounting to $4,127,000 thousand, $35,168 thousand, $80,000 thousand, and $73,667 thousand, respectively.
11/ Includes $200,371 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 $1,553,296 thousand.
12/ Includes loan to the United Kingdom amounting to $1,314,460 thousand outstanding.
13/ Includes vessels owned and under construction.
14/ Represents allowance for losses from scrapping of obsolete vessels.
15/ Represents interest on invested capital.
* Less than $500.
December 1961
123
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Footnotes to Table 4 - Part B
1/ Consists of activities which are required to report only on an annual basis as of June 30, pursuant to Supplement No. 1 to Department Circular No. 966. These are mainly not business-type operations. Excluded from the June 30, 1961, figures are those activities whose reports for that date cover assets only (see Headnote), and also certain activities of the Department of the Defense which have not yet furnished the data required by Supplement No. 1.
2/ Includes the National Gallery of Art.
3/ See Table 1, footnote 4.
4/ Represents nonrevenue-producing operations.
5/ Consists of: Legislative Branch - salaries and expenses of the Office of the Superintendent of Documents; Executive Office of the President - Bureau of the Budget, Council of Economic Advisers, Federal Radiation Council, National Security Council, and the President's Committee on Fund Raising Within the Federal Service; the independent offices of Advisory Commission on Intergovernmental Relations, Alaska International Rail and Highway Commission, Civil Aeronautics Board, Commission on Civil Rights, Federal Coal Mine Safety Board of Review, Federal Trade Commission, Foreign Claims Settlement Commission, General Accounting Office, historical and memorial commissions, Indian Claims Commission, National Capital Planning Commission, National Capital Transportation Agency, National Labor Relations Board, National Mediation Board, National Science Foundation, Outdoor Recreation Resources Review Commission, Reengagement Board, Securities and Exchange Commission, Subversive Activities Control Board, Tax Court of the United States, United States Study Commission - southeast river basins, and the United States Tariff Commission; and the Housing and Home Finance Agency - Office of the Administrator other than revolving funds.
6/ Consists of: Agricultural Research Service - special foreign currency program, Extension Service, Farmer Cooperative Service, Economic Research Service, Statistical Reporting Service, Agricultural Marketing Service, Foreign Agricultural Service, Commodity Exchange Authority, Agricultural Stabilization and Conservation Service (including the soil bank program), Office of the General Counsel, Office of the Secretary, Office of Information, and Library.
7/ Represents assets and liabilities of the Bureau of Public Roads
8. Consists of: general administrative activities, Office of the Secretary; Bureau of the Census; Patent Office; and National Bureau of Standards.
9. Consists of military credit sales, receivables of the Air Force, Army, and Navy Departments.
10. Represents civil activities exclusive of the intragovernmental revolving fund.
11. There is included in this figure the amount of $ 244,923 that was withheld which represents the value of improvements provided by the Federal Government for channels, harbors, local fish protection projects, alteration of bridges, and other types of work. The total has been excluded from the value of assets reported under the annual report of real property owned by the Government furnished to the General Services Administration.
12. Consists of: Food and Drug Administration; Freedmen's Hospital; Office of Vocational Rehabilitation; Social Security Administration; Bureau of Public Assistance, Children's Bureau, and Office of the Commissioner; special institution - Gallaudet College and Howard University; and Office of the Secretary.
13. Consists of: Office of the Commissioner, Bureau of Fisheries and Wildlife, and the nonreceiving fund of the Office of the Secretary, Commercial Fisheries.
14. Includes Alaska public works.
15. Consists of: Departmental office (including the Office of Exploration); Commission of Fine Arts, and the Office of the Secretary.
16. Includes the International Boundary and Water Commission.
17. Consists of: Bureau of Accounts, Bureau of the Budget, Exchange Stabilization Fund, Foreign currency contracts with billers, Office of the Treasurer, Bureau of Narcotics, Treasury's Secret Service, and the fund for emergency repairs to the Treasury's Office of Engraving and Printing Annex Building.
18. Does not include the cash balance in the Treasury of the United States.
19. Includes foreign currencies in the dollar equivalent of $2,000,000,000 thousand held by Department of Defense, Internal Revenue Service, and the Treasury.
* Less than $500.
Footnotes to Table 8
1/ Table 8 relates to all loan programs of Government agencies. It includes not only the United States dollar and foreign currency loans summarized separately in Table 7, but also the loans made, all in United States dollars, by deposit funds (Table 5) and trust revolving funds (Table 6). Table 8 beginning June 30, 1960, includes purchase money mortgages and similar long term paper which have been reclassified as loans pursuant to an amendment issued June 23, 1960, to Departmental Circular No. 966 (see footnote 1 at end of Table 7).
2/ Includes guaranteed loans held by lending agencies.
3/ The major portion of the loans of the Veterans' Administration loan guaranty program is included under "Mortgage loans" through 1955 and under "Other" to aid home owners thereafter.
4/ Figures representing loans made by the International Cooperation Administration prior to 1952 are not available at this time.
5/ Includes guaranteed loans held by lending agencies through December 31, 1958, and the loan to the United Kingdom.
9/ Reports on maritime activities were not 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, 1957, abolished the United States Maritime Commission and transferred its functions into the Department of Commerce.
1/ Reports have been received from the Commerce Department on maritime activities for the fiscal year 1953 and thereafter, but 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. 1061C, dated May 9, 1955, and effective at the close of business June 31, 1955, as successor to the Foreign Operations Administration. Data for earlier periods are for predecessor agencies.
9/ From June 3, 1956, through March 31, 1960, the notes receivable which had previously been classified as loans were classified as other assets and were not included in this table. These notes have now been reclassified as loans, and beginning June 31, 1960, are included in this table (see footnote 1 at end of Table 7).
10/ On September 29, 1953, pursuant to the act approved July 3, 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 2.9 of the Federal Civil Defense Act of 1951 (4 App. U.S.C. 2261) and expansion of defense production activities carried on pursuant to the Defense Production Act of 1951, as amended (50 App. U.S.C. 2091–2094), which had been transferred to the Secretary of the Treasury as of September 23, 1953, and as of the close of business on September 28, 1953, respectively. Effective at the close of business June 3, 1954, pursuant to Reorganization Plan No. 2 of 1954, certain functions and related assets 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 compete their liquidation, pursuant to the act of July 3, 1953, as amended June 2, 1954. The Corporation was abolished effective at the close of business on June 30, 1954, by reorganization plan No. 41, 1954, and the residual functions of the Corporation were transferred to the Housing and Home Finance Administrator, administrator of General Services, Administrator of the Small Business Administration, and the Secretary of the Treasury.
Figures include loans for expansion of defense production from June 30, 1953, through June 30, 1954, and Federal civil defense loans as of June 30, 1953 (see footnote 2).
Figures through March 31, 1950, consist of loans of the Federal Housing Administration (in liquidation). Figures through June 30, 1952, include also: loans of Federal Facilities Corporation, loans of the Construction Finance Corporation liquidation fund, surplus from the credit sales (see footnote 1 at end of Table 1), and loans made pursuant to the Defense Production Act of 1941, orders (U.S.C. 135, 136, U.S.C. 1091) through March 31, 1951.
Totals include loans of Home Owners' Loan Corporation amounting to $3,2 million as of June 30, 1952, and $4,8 million as of June 31, 1950.
Figure for June 30, 1950, consists of Alaska housing loans. The subsequent figures include also: beginning December 1, 1946, loans to community facilities, service (covering installation of Public Utility Administration), prefabricated housing (see footnote 1), and the Re-Construction Finance Corporation (see footnote 2).
Figure for June 30, 1954, as amended (see footnote 1) and beginning December 1, 1954, consists of loans to Alaska Housing Association (U.S.C. 31, 32, 33, 34, 35, and 36) by the receiving fund, loans to Alaska Housing Authority approved June 27, 1954 (U. Stat. 557) by the Alaska Housing Authority (see footnote 1) and loans made by the Housing and Urban Development Administration, Housing and Home Finance Administration, the Federal Housing Administration, and the Veterans' Administration, pursuant to the Housing and Home Finance Act of 1954, as amended by Public Health Amendments Act of 1954, and the Housing and Home Finance Act of 1953, as amended by the Housing and Home Finance Act of 1952, as approved August 11, 1952 (U.S.C. 1464), and by the Housing and Home Finance Act of 1951, as amended August 3, 1951 (U.S.C. 1459), the Alaska Housing and Home Finance Act of 1950, the Alaska Housing and Home Finance Act of 1949, the Alaska Housing and Home Finance Act of 1948, the Alaska Housing and Home Finance Act of 1947, and the Alaska Housing and Home Finance Act of 1946.
124
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Footnotes to Table 8 - (Continued)
The Federal National Mortgage Association Charter Act approved August 2, 1954 (12 U.S.C. 176), 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. From June 30, 1950, through March 31, 1960, the mortgage notes and sales contracts which had previously been classified as loans were classified as other assets and were not included in this table. These mortgage notes and sales contracts have now been reclassified as loans, and beginning June 30, 1960, are included in this table (see footnote 1 at end of Table 7). All figures in this column include the loans of the low-rent public housing program fund (formerly known as the United States Housing Act program). Also included are the homes conversion program as of June 30, 1950, the Farm Security Administration and public war housing programs 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 14). Consists of the Farmers' Home Administration loan programs, the disaster loans, etc., revolving fund, the farm tenant mortgage insurance fund, and the State rural rehabilitation funds beginning June 30, 1956. Prior to June 30, 1956, the farm tenant mortgage insurance fund
Consists of the loan to the United Kingdom and other miscellaneous loans, Federal civil defense loans beginning December 31, 1953, and the loans of the Reconstruction Finance Corporation liquidation fund beginning December 31, 1957 (see footnote 1c). The major portion of the loans is held by: the Inland Waterways Corporation; Department of the Interior - Puerto Rico Reconstruction Administration through December 31, 1954; fisheries loan fund beginning June 30, 1957; Indian loans; and Alaska public works loans beginning June 30, 1960; Department of the Army - guaranteed loans (World War II) through December 31, 1957; Office of Education - loans to students and educational institutions as of June 3, 1959, and from June 30, 1960, through June 30, 1961; Federal Savings and Loan Insurance Corporation and Defense Department (military assistance credit sales) beginning June 30, 1960; and 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 June 30, 1956, and the General Services Administration from September 30, 1959, through March 31, 1960. Less than $50,000.
December 1961
125
CUMULATIVE TABLE OF CONTENTS
January through December 1961
<table><tr><th></th><th colspan="12">Issue and page number 1961</th></tr><tr><th></th><th>Jan.</th><th>Feb.</th><th>Mar.</th><th>Apr.</th><th>May</th><th>June</th><th>July</th><th>Aug.</th><th>Sept.</th><th>Oct.</th><th>Nov.</th><th>Dec.</th></tr><tr><td>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>Detail of miscellaneous receipts by major categories</td><td>3</td><td>3</td><td>3</td><td>3</td><td>3</td><td>3</td><td>3</td><td>3</td><td>3</td><td>3</td><td>3</td><td>3</td></tr><tr><td>Expenditures by agencies</td><td>5</td><td>5</td><td>5</td><td>5</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>Interfund transactions excluded from both net budget receipts and budget expenditures</td><td>4</td><td>4</td><td>4</td><td>4</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>Summary of appropriations and authorizations, expenditures, and balances, by agencies</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>Expenditures and balances by functions</td><td>7</td><td>7</td><td>7</td><td>7</td><td>7</td><td>7</td><td>7</td><td>7</td><td>7</td><td>7</td><td>7</td><td>7</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>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 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>Intertrust fund transactions excluded from both net trust account receipts and net trust account expenditures</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>13</td><td>13</td><td>13</td><td>13</td><td>13</td><td>13</td></tr><tr><td>Federal Old-Age and Survivors Insurance Trust Fund</td><td>...</td><td>13</td><td>...</td><td>...</td><td>13</td><td>...</td><td>14</td><td>14</td><td>14</td><td>14</td><td>14</td><td>14</td></tr><tr><td>Federal Disability Insurance Trust Fund</td><td>...</td><td>14</td><td>...</td><td>...</td><td>14</td><td>...</td><td>15</td><td>15</td><td>15</td><td>15</td><td>15</td><td>15</td></tr><tr><td>Railroad Retirement Account</td><td>...</td><td>15</td><td>...</td><td>...</td><td>15</td><td>...</td><td>16</td><td>16</td><td>16</td><td>16</td><td>16</td><td>16</td></tr><tr><td>Unemployment Trust Fund</td><td>...</td><td>16</td><td>...</td><td>...</td><td>16</td><td>...</td><td>17</td><td>17</td><td>17</td><td>17</td><td>17</td><td>17</td></tr><tr><td>National Service Life Insurance Fund</td><td>...</td><td>17</td><td>...</td><td>...</td><td>17</td><td>...</td><td>18</td><td>18</td><td>18</td><td>18</td><td>18</td><td>18</td></tr><tr><td>Investments of specified trust accounts in public debt securities, by issues (latest date September 30, 1961)</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</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>14</td><td>19</td><td>14</td><td>14</td><td>19</td><td>14</td><td>15</td><td>20</td><td>15</td><td>15</td><td>20</td><td>15</td></tr><tr><td>Summary of cash transactions through Treasurer's account</td><td>14</td><td>19</td><td>14</td><td>14</td><td>19</td><td>14</td><td>15</td><td>20</td><td>15</td><td>15</td><td>20</td><td>15</td></tr><tr><td>Derivation of Federal receipts from the public, and reconciliation to cash deposits in Treasurer's account</td><td>15</td><td>20</td><td>15</td><td>15</td><td>20</td><td>15</td><td>16</td><td>21</td><td>16</td><td>16</td><td>21</td><td>16</td></tr><tr><td>Derivation of Federal payments to the public, and reconciliation to cash withdrawals from Treasurer's account</td><td>15</td><td>20</td><td>15</td><td>15</td><td>20</td><td>15</td><td>16</td><td>21</td><td>16</td><td>16</td><td>21</td><td>16</td></tr><tr><td>Intragovernmental transactions</td><td>16</td><td>21</td><td>16</td><td>16</td><td>21</td><td>16</td><td>17</td><td>22</td><td>17</td><td>17</td><td>22</td><td>17</td></tr><tr><td>Accrued interest and other noncash expenditures</td><td>16</td><td>21</td><td>16</td><td>16</td><td>21</td><td>16</td><td>17</td><td>22</td><td>17</td><td>17</td><td>22</td><td>17</td></tr><tr><td>Derivation of Federal net cash debt transactions with the public, and reconciliation to transactions through Treasurer's account</td><td>17</td><td>22</td><td>17</td><td>17</td><td>22</td><td>17</td><td>18</td><td>23</td><td>18</td><td>18</td><td>23</td><td>18</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>19</td><td>24</td><td>19</td><td>19</td><td>24</td><td>19</td><td>20</td><td>25</td><td>20</td><td>20</td><td>25</td><td>2</td></tr><tr><td>Analysis of changes in tax and loan account balances</td><td>20</td><td>25</td><td>20</td><td>20</td><td>25</td><td>20</td><td>21</td><td>26</td><td>21</td><td>21</td><td>26</td><td>21</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>21</td><td>26</td><td>21</td><td>21</td><td>26</td><td>21</td><td>22</td><td>27</td><td>22</td><td>22</td><td>27</td><td>22</td></tr><tr><td>Computed interest charge and rate on Federal securities</td><td>21</td><td>26</td><td>21</td><td>21</td><td>26</td><td>21</td><td>22</td><td>27</td><td>22</td><td>22</td><td>27</td><td>.2</td></tr><tr><td>Interest-bearing public debt</td><td>22</td><td>27</td><td>22</td><td>22</td><td>27</td><td>22</td><td>23</td><td>28</td><td>23</td><td>23</td><td>28</td><td>23</td></tr><tr><td>Average length and maturity distribution of marketable interest-bearing public debt</td><td>22</td><td>27</td><td>22</td><td>22</td><td>27</td><td>22</td><td>23</td><td>28</td><td>23</td><td>23</td><td>28</td><td>23</td></tr><tr><td>Special public debt issues to U. S. Government investment accounts</td><td>23</td><td>28</td><td>23</td><td>23</td><td>28</td><td>23</td><td>24</td><td>29</td><td>24</td><td>24</td><td>29</td><td>.2</td></tr><tr><td>Treasury holdings of securities issued by Government agencies</td><td>24</td><td>29</td><td>24</td><td>24</td><td>29</td><td>24</td><td>25</td><td>30</td><td>25</td><td>25</td><td>30</td><td>.5</td></tr><tr><td>Interest-bearing securities issued by Federal agencies but not guaranteed by the U. S. Government</td><td>25</td><td>30</td><td>25</td><td>25</td><td>30</td><td>25</td><td>26</td><td>31</td><td>26</td><td>26</td><td>31</td><td>26</td></tr><tr><td>Statutory debt limitation</td><td>26</td><td>31</td><td>26</td><td>26</td><td>31</td><td>26</td><td>27</td><td>32</td><td>27</td><td>27</td><td>32</td><td>.7</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 other than regular weekly Treasury bills</td><td>27</td><td>32</td><td>27</td><td>27</td><td>32</td><td>27</td><td>28</td><td>33</td><td>28</td><td>28</td><td>33</td><td>.8</td></tr><tr><td>Offerings of Treasury bills</td><td>29</td><td>34</td><td>29</td><td>29</td><td>34</td><td>29</td><td>30</td><td>35</td><td>30</td><td>30</td><td>35</td><td>30</td></tr><tr><td>New money financing through regular weekly Treasury bills</td><td>31</td><td>36</td><td>31</td><td>31</td><td>36</td><td>31</td><td>32</td><td>37</td><td>32</td><td>32</td><td>37</td><td>.2</td></tr><tr><td>Offerings of public marketable securities other than regular weekly Treasury bills</td><td>33</td><td>38</td><td>33</td><td>33</td><td>38</td><td>33</td><td>34</td><td>39</td><td>34</td><td>34</td><td>39</td><td>34</td></tr><tr><td>Allocations by investor classes on subscriptions for public marketable securities other than regular weekly Treasury bills</td><td>38</td><td>43</td><td>38</td><td>38</td><td>43</td><td>38</td><td>39</td><td>44</td><td>39</td><td>39</td><td>44</td><td>4</td></tr><tr><td>Disposition of matured public marketable securities other than regular weekly Treasury bills</td><td>41</td><td>46</td><td>41</td><td>41</td><td>46</td><td>41</td><td>42</td><td>47</td><td>42</td><td>42</td><td>47</td><td>.9</td></tr></table>
(Continued on following page)
126
Treasury Bulletin
CUMULATIVE TABLE OF CONTENTS
January through December 1961 - (Continued)
<table><tr><th></th><th colspan="12">Issue and page number 1961</th></tr><tr><th></th><th>Jan.</th><th>Feb.</th><th>Mar.</th><th>Apr.</th><th>May</th><th>June</th><th>July</th><th>Aug.</th><th>Sept.</th><th>Oct.</th><th>Nov.</th><th>Dec.</th></tr><tr><td>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>46</td><td>51</td><td>46</td><td>46</td><td>51</td><td>46</td><td>48</td><td>53</td><td>48</td><td>48</td><td>53</td><td>49</td></tr><tr><td>Sales and redemptions by periods, all series combined.</td><td>46</td><td>51</td><td>46</td><td>46</td><td>51</td><td>46</td><td>48</td><td>53</td><td>48</td><td>48</td><td>53</td><td>49</td></tr><tr><td>Salea and redemptions by periods, Series E through K.</td><td>47</td><td>52</td><td>47</td><td>47</td><td>52</td><td>47</td><td>49</td><td>54</td><td>49</td><td>49</td><td>54</td><td>50</td></tr><tr><td>Redemptions of matured and unmatured bonds.</td><td>49</td><td>54</td><td>49</td><td>49</td><td>54</td><td>49</td><td>51</td><td>56</td><td>51</td><td>51</td><td>56</td><td>52</td></tr><tr><td>Sales and redemptions by denominations, Series E and H combined.</td><td>55</td><td>...</td><td>...</td><td>...</td><td>55</td><td>...</td><td>...</td><td>57</td><td>...</td><td>...</td><td>57</td><td>...</td></tr><tr><td>Sales by States, Series E and H combined.</td><td>56</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>58</td><td>...</td><td>...</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>50</td><td>57</td><td>50</td><td>50</td><td>56</td><td>50</td><td>52</td><td>59</td><td>52</td><td>52</td><td>58</td><td>53</td></tr><tr><td>Net market purchases or sales for investment accounts handled by the Treasury.</td><td>50</td><td>57</td><td>50</td><td>50</td><td>56</td><td>50</td><td>52</td><td>59</td><td>52</td><td>52</td><td>58</td><td>53</td></tr><tr><td>Estimated ownership.</td><td>51</td><td>58</td><td>51</td><td>51</td><td>57</td><td>51</td><td>53</td><td>60</td><td>53</td><td>53</td><td>59</td><td>54</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>52</td><td>59</td><td>52</td><td>52</td><td>58</td><td>52</td><td>54</td><td>61</td><td>54</td><td>54</td><td>60</td><td>55</td></tr><tr><td>Ownership by commercial banks classified by membership in Federal Reserve System (latest date June 30, 1961).</td><td>56</td><td>...</td><td>56</td><td>...</td><td>...</td><td>...</td><td>...</td><td>58</td><td>...</td><td>...</td><td>...</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>56</td><td>63</td><td>60</td><td>56</td><td>62</td><td>56</td><td>58</td><td>65</td><td>62</td><td>58</td><td>68</td><td>59</td></tr><tr><td>Chart - Yields of Treasury securities.</td><td>58</td><td>65</td><td>62</td><td>58</td><td>64</td><td>58</td><td>60</td><td>67</td><td>64</td><td>60</td><td>70</td><td>61</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>59</td><td>66</td><td>63</td><td>59</td><td>65</td><td>59</td><td>61</td><td>68</td><td>65</td><td>61</td><td>71</td><td>62</td></tr><tr><td>Chart - Average yields of Treasury and corporate bonds.</td><td>60</td><td>67</td><td>64</td><td>60</td><td>66</td><td>60</td><td>62</td><td>69</td><td>66</td><td>62</td><td>72</td><td>63</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>61</td><td>68</td><td>65</td><td>61</td><td>67</td><td>61</td><td>63</td><td>70</td><td>67</td><td>63</td><td>73</td><td>64</td></tr><tr><td>Chart - Internal revenue collections by principal sources.</td><td>62</td><td>69</td><td>66</td><td>62</td><td>68</td><td>62</td><td>64</td><td>71</td><td>68</td><td>64</td><td>74</td><td>65</td></tr><tr><td>Summary by States, calendar year 1960.</td><td>65</td><td>...</td><td>...</td><td>...</td><td>69</td><td>...</td><td>...</td><td>...</td><td>69</td><td>...</td><td>...</td><td>...</td></tr><tr><td>Detail of excise tax collections.</td><td>67</td><td>...</td><td>...</td><td>...</td><td>...</td><td>63</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>66</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>63</td><td>70</td><td>69</td><td>63</td><td>70</td><td>65</td><td>65</td><td>72</td><td>71</td><td>65</td><td>75</td><td>68</td></tr><tr><td>Monetary stocks of gold and silver.</td><td>64</td><td>71</td><td>70</td><td>64</td><td>71</td><td>66</td><td>66</td><td>73</td><td>72</td><td>66</td><td>76</td><td>69</td></tr><tr><td>Gold assets and liabilities of the Treasury.</td><td>64</td><td>71</td><td>70</td><td>64</td><td>71</td><td>66</td><td>66</td><td>73</td><td>72</td><td>66</td><td>76</td><td>69</td></tr><tr><td>Components of silver monetary stock.</td><td>65</td><td>72</td><td>71</td><td>65</td><td>72</td><td>67</td><td>67</td><td>74</td><td>73</td><td>67</td><td>77</td><td>70</td></tr><tr><td>Seigniorage.</td><td>66</td><td>73</td><td>72</td><td>66</td><td>73</td><td>68</td><td>68</td><td>75</td><td>74</td><td>68</td><td>78</td><td>71</td></tr><tr><td>Increment from reduction in weight of gold dollar (latest date September 30, 1961).</td><td>73</td><td>...</td><td>...</td><td>73</td><td>...</td><td>...</td><td>75</td><td>...</td><td>...</td><td>78</td><td>...</td><td>...</td></tr><tr><td>Exchange Stabilization Fund (latest date June 30, 1961):</td><td></td><td></td><td></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>74</td><td>...</td><td>...</td><td>74</td><td>...</td><td>...</td><td>76</td><td>...</td><td>...</td><td>79</td><td>...</td><td>...</td></tr><tr><td>Foreign exchange transactions.</td><td>79</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>80</td><td>...</td><td>...</td></tr><tr><td>U. S. Stabilization agreements.</td><td>75</td><td>...</td><td>...</td><td>75</td><td>...</td><td>...</td><td>77</td><td>...</td><td>...</td><td>80</td><td>...</td><td>...</td></tr><tr><td>Income and expense.</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td></tr><tr><td>National 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 1956-60.</td><td>...</td><td>...</td><td>...</td><td>...</td><td>69</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td></tr><tr><td>International financial statistics.</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>69</td><td>78</td><td>75</td><td>69</td><td>81</td><td>72</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>76</td><td>73</td><td>67</td><td>76</td><td>70</td><td>70</td><td>79</td><td>76</td><td>70</td><td>82</td><td>73</td></tr><tr><td>Summary by countries and periods.</td><td>70</td><td>79</td><td>76</td><td>70</td><td>79</td><td>73</td><td>73</td><td>82</td><td>79</td><td>73</td><td>85</td><td>76</td></tr><tr><td>Short-term banking liabilities to foreigners, latest month.</td><td>74</td><td>83</td><td>80</td><td>74</td><td>83</td><td>77</td><td>77</td><td>86</td><td>83</td><td>77</td><td>89</td><td>80</td></tr><tr><td>Short-term banking claims on foreigners, latest month.</td><td>75</td><td>84</td><td>81</td><td>75</td><td>84</td><td>78</td><td>78</td><td>87</td><td>84</td><td>78</td><td>90</td><td>81</td></tr><tr><td>Purchases and sales of long-term securities by foreigners, latest month.</td><td>76</td><td>85</td><td>82</td><td>76</td><td>85</td><td>79</td><td>79</td><td>88</td><td>85</td><td>79</td><td>91</td><td>82</td></tr><tr><td>Short-term liabilities and claims reported by nonfinancial concerns.</td><td>77</td><td>...</td><td>83</td><td>77</td><td>...</td><td>80</td><td>...</td><td>...</td><td>86</td><td>...</td><td>...</td><td>83</td></tr><tr><td>Long-term liabilities and claims reported by banks and bankers.</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>80</td><td>...</td><td>...</td><td>...</td><td>...</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>84</td><td>...</td><td>81</td><td>...</td><td>...</td><td>87</td><td>...</td><td>...</td><td>...</td><td>84</td></tr><tr><td>Foreign credit and debit balances in brokerage accounts.</td><td>...</td><td>...</td><td>86</td><td>...</td><td>...</td><td>...</td><td>...</td><td>88</td><td>...</td><td>...</td><td>...</td><td>...</td></tr><tr><td>Short-term liabilities, countries and areas not regularly reported.</td><td>...</td><td>...</td><td>87</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 1960.</td><td>...</td><td>...</td><td>...</td><td>86</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td></tr><tr><td>Corporation 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 June 30, 1961).</td><td>89</td><td>79</td><td>88</td><td>83</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>86</td><td>...</td></tr><tr><td>Income and expense (latest date December 31, 1960).</td><td>98</td><td>...</td><td>...</td><td>108</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td></tr><tr><td>Receipts and application of funds (latest date December 31, 1960).</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td><td>...</td></tr></table>
GPO 922425
TREASURY DEPARTMENT
FISCAL SERVICE, BUREAU OF ACCOUNTS
OFFICE OF THE COMMISSIONER
WASHINGTON 25, D.C.
OFFICIAL BUSINESS
U.S. TREASURY LIBRARY
1 0032012