LIBRARY
TREASURY DEPARTMENT
LIBRARY ROOM 5030
JUN 2, 3 1972
TREASURY DEPARTMENT
FISCAL SERVICE, BUREAU OF ACCOUNTS OFFICE OF THE COMMISSIONER WASHINGTON 25, D.C.
OFFICIAL BUSINESS
BUY AND HOLD UNITED STATES SAVINGS BONDS
TREASURY BULLETIN
FEBRUARY - 1962
UNITED STATES TREASURY DEPARTMENT
OFFICE OF THE SECRETARY
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February 1962
I
Table of Contents
Page
<table><tr><td>Treasury financing operations</td><td>A-1</td></tr><tr><td>Summary of Federal fiscal operations</td><td>1</td></tr><tr><td>Budget receipts and expenditures</td><td>2</td></tr><tr><td>Trust account and other transactions</td><td>9</td></tr><tr><td>Cash income and outgo</td><td>19</td></tr><tr><td>Account of the Treasurer of the United States</td><td>25</td></tr><tr><td>Debt outstanding</td><td>27</td></tr><tr><td>Statutory debt limitation</td><td>32</td></tr><tr><td>Public debt operations</td><td>33</td></tr><tr><td>United States savings bonds</td><td>55</td></tr><tr><td>Ownership of Federal securities</td><td>61</td></tr><tr><td>Treasury survey of ownership of Federal securities</td><td>63</td></tr><tr><td>Market quotations on Treasury securities</td><td>73</td></tr><tr><td>Average yields of long-term bonds</td><td>76</td></tr><tr><td>Internal revenue collections</td><td>78</td></tr><tr><td>Monetary statistics</td><td>80</td></tr><tr><td>Exchange Stabilization Fund</td><td>84</td></tr><tr><td>International financial statistics</td><td>86</td></tr><tr><td>Capital movements</td><td>87</td></tr><tr><td>Foreign currencies acquired without purchase with dollars</td><td>97</td></tr><tr><td>Corporations and certain other business-type activities - statements of financial condition</td><td>99</td></tr><tr><td>Cumulative table of contents</td><td>131</td></tr></table>
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 12, 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 disposition 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, etc.). The deposits are on the basis of certificates of deposit cleared through the account of the Treasurer of the United States. Total withdrawals are on the basis of checks paid or cash disbursements made out of the Treasurer's account. Some of the withdrawal classifications shown are reported on the basis of mailed reports of checks issued and are adjusted by means of clearing accounts to the total of checks paid. Except for relatively minor amounts, noncash interfund and other intragovernmental transactions are excluded. The public debt figures in the daily statement also are on a "clearance" basis, with the exception of those issuance and retirement transactions reported on the basis of telegrams from Federal Reserve Banks. Noncash debt transactions are included, however.
February 1962
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 though 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.
A-1
February 1962
Treasury Financing Operations
Current Exchange Offering
An optional exchange offering of one-year 3-1/2 percent Treasury certificates of indebtedness and four and one-half year 4 percent Treasury notes, at par, was announced by the Treasury on February 1, 1962. The offering, open February 5 through 7, was made to holders of three issues of notes maturing February 15, 1962, and one note issue maturing April 1, 1962, which aggregated $11,731 million. Cash subscriptions were not received.
Subscriptions accepted amounted to approximately $11,312 million, or more than 96 percent, leaving $419 million to be paid in cash. Preliminary results are shown in the accompanying table.
Both new securities are dated February 15, 1962. Interest on the new certificates is payable at the rate of 3-1/2 percent per annum on a semiannual basis on August 15, 1962, and at maturity on February 15, 1963. Interest on the new notes at the rate of 4 percent per annum will be payable semiannually on August 15, 1962, and thereafter on February 15 and August 15 in each year until the principal amount becomes payable at maturity, August 15, 1966.
The certificates were issued in bearer form orly with interest coupons attached. The notes were issued in bearer form and also registered as to principal and interest. Both securities were issued
<table><tr><th colspan="2">Maturing securities eligible for exchange</th><th colspan="4">Results of exchange offering p</th><th colspan="2">Maturing securities held by -</th></tr><tr><th>Description</th><th>Total outstanding Jan. 31, 1962</th><th>Total</th><th>3-1/2% certificates of indebtedness, A-1963</th><th>4% notes A-1966</th><th>Payable in cash</th><th>Federal Reserve Banks and Government investment accounts</th><th>Commercial banks 1/</th></tr><tr><td colspan="8">(In millions of dollars)</td></tr><tr><td>3-5/8% notes, Series A-1962, maturing February 15, 1962</td><td>647</td><td>586</td><td>282</td><td>303</td><td>61</td><td>33</td><td>265</td></tr><tr><td>4% notes, Series D-1962, maturing February 15, 1962</td><td>1,435</td><td>1,311</td><td>454</td><td>858</td><td>124</td><td>27</td><td>650</td></tr><tr><td>3-1/4% notes, Series F-1962, maturing February 15, 1962</td><td>9,098</td><td>8,950</td><td>5,753</td><td>3,198</td><td>148</td><td>4,858</td><td>2,145</td></tr><tr><td>1-1/2% notes, Series EA-1962, maturing April 1, 1962</td><td>551</td><td>465</td><td>370</td><td>95</td><td>86</td><td>25</td><td>100</td></tr><tr><td>Total</td><td>11,731</td><td>11,312</td><td>6,858</td><td>4,454</td><td>419</td><td>4,943</td><td>3,160</td></tr></table>
1/ Estimated as of December 31, 1961. p Preliminary.
Payment for the face amount of the new securities was required on or before February 15, 1962, or on later allotment. Interest adjustments for exchanges of the 1-1/2 percent notes for the new securities were made as follows:
<table><tr><th>Security</th><th>Credits per $1,000 (face amount) for accrued interest from Oct. 1, 1961 to Mar. 1, 1962 on 1-1/2% notes</th><th>Charges per $1,00C (face amount) for accrued interest from Feb. 15, 1962 to Mar. 1, 1962 on new issues</th><th>Amounts to be paid to subscribers</th></tr><tr><td>3-1/2% certificates, Series A-1963......</td><td>$6.22253</td><td>$1.35359</td><td>$4.86894</td></tr><tr><td>4% notes, Series A-1966......</td><td>6.22253</td><td>1.54696</td><td>4.67557</td></tr></table>
in denominations of $1,000, $5,000, $10,000, $100,000, $1,000,000, $100,000,000, and $500,000,000.
Advance Refurc'ing
On February 15, 1962, the Treasury announced that it would exchange, in advance of their maturity, five issues of Treasury bonds totaling $13.7 billion which mature between February 15, 1964, and December 15, 1972.
Holders of the 3 percent bonds of 1964 were offered in exchange new 4 percent bonds maturing August 15, 1971. Holders of the 2-5/8 percent bonds of 1965 were offered in addition to the new 4 percent bonds, the long-term 4 percent bonds of 1969 (additional issue). Holders of three 2-1/2 percent bonds issued in 1941 and 1945 and maturing in 1972 were offered in exchange the long-term 3-1/2 percent bonds
Treasury Bulletin
A-2
Treasury Financing Operations - (Continued)
of 1990 and 3-1/2 percent bonds of 1998 (additional issues). Holders will be expected in most cases to make small cash payments to supplement the outstanding bonds which they submit in exchange for the new bond or for additional amounts of the other bonds offered.
billion of the "strip" bills issued on November 15, 1961). The new bills consisted of four 13-week issues of $1.1 billion each, and four 26-week issues of $0.6 billion each. All of the new securities carry 91-day and 182-day terms. Average rates of discount on the new bills were as follows:
Subscription books for the offering were open for all classes of subscribers from February 19 through February 21, 1962, and for individuals through February 28.
<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>1962 Jan. 4</td><td>1961 Oct. 5</td><td>2.703%</td><td>1962 Jan. 4</td><td>2.941%</td></tr><tr><td>11</td><td>13</td><td>2.824</td><td>11</td><td>3.073</td></tr><tr><td>18</td><td>19</td><td>2.770</td><td>18</td><td>2.970</td></tr><tr><td>25</td><td>26</td><td>2.688</td><td>25</td><td>2.875</td></tr></table>
Details and results will be published in the March 1962 issue of the Bulletin.
Weekly Bills Refunded
January issues of regular weekly Treasury bills totaled $6.3 billion, refunding an equivalent amount of bills maturing (including the remaining $0.4
Note: Details of Treasury market financing operations are shown elsewhere in this issue of the Bulletin in the tables on public debt operations.
February 1962
1
SUMMARY OF FEDERAL FISCAL OPERATIONS
(In millions of dollars)
<table><tr><th>Period</th><th colspan="3">Budget receipts and expenditures</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 colspan="4">Levels, end of period</th></tr><tr><th></th><th>Net receipts 1/</th><th>Expenditures 1/</th><th>Surplus, or deficit (-)</th><th></th><th></th><th></th><th></th><th></th><th colspan="4">Debt outstanding</th></tr><tr><th>Fiscal years:</th><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th>Public debt</th><th>Guaranteed securities</th><th>Total Federal securities</th><th>Subject to limitation 4/</th></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</td><td>77,659</td><td>81,515</td><td>-3,856</td><td>-602</td><td>507</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>89,075</td><td>-6,975</td><td>33</td><td>-151</td><td>6,399</td><td>-694</td><td>6,000</td><td>295,370</td><td>465</td><td>295,835</td><td>295,495</td></tr><tr><td>1963 (Est.)</td><td>93,000</td><td>92,537</td><td>463</td><td>-248</td><td>234</td><td>-450</td><td>-</td><td>6,000</td><td>294,920</td><td>649</td><td>295,569</td><td>295,234</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></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>-447</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>1961</td><td>78,157</td><td>84,463</td><td>-6,306</td><td>234</td><td>204</td><td>5,952</td><td>83</td><td>6,494</td><td>296,169</td><td>330</td><td>296,499</td><td>296,001</td></tr><tr><th>Months:</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>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>-3,036</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>289,975</td></tr><tr><td>June</td><td>10,831</td><td>7,961</td><td>2,870</td><td>-14</td><td>-149</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><tr><td>Dec.</td><td>7,967</td><td>7,160</td><td>807</td><td>258</td><td>10</td><td>-842</td><td>234</td><td>6,494</td><td>296,169</td><td>330</td><td>296,499</td><td>296,051</td></tr><tr><td>1962-Jan.</td><td>5,357</td><td>7,395</td><td>-2,038</td><td>-152</td><td>333</td><td>345</td><td>-1,513</td><td>4,981</td><td>296,513</td><td>347</td><td>296,860</td><td>296,422</td></tr></table>
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 1963 Budget document, released January 18, 1962, 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
interest checks and coupons outstanding); also deposits in transit and changes in cash held outside the Treasury and in certain other accounts beginning with the fiscal year 1954. Net increase, or decrease (-). 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; $31 billion, on August 28, 1954; $278 billion, on July 1, 1956; $175 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.
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">Employment taxes</th><th rowspan="2">Excise taxes 5/</th><th rowspan="2">Taxes not otherwise classified</th><th rowspan="2">Total internal revenue</th><th rowspan="2">Customs</th><th rowspan="2">Miscellaneous receipts</th></tr><tr><th>Corporation</th><th>Individual 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 railroad retirement 3/</th><th>For unemployment insurance 4/</th><th>Total employment taxes</th><th>State 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>562</td><td>2,311</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>606</td><td>2,559</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>75,109</td><td>705</td><td>3,006</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>7,81</td><td>1,378</td><td>10,638 5/</td><td>15</td><td>80,172</td><td>754</td><td>2,749</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>800</td><td>3,196</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>10,760</td><td>5</td><td>79,798</td><td>948</td><td>3,158</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><td>4,064</td></tr><tr><td>1961</td><td>21,765</td><td>13,175</td><td>32,978</td><td>67,918</td><td>11,586</td><td>571</td><td>345</td><td>12,502</td><td>1,916</td><td>12,064</td><td>-</td><td>94,401</td><td>1,008</td><td>4,082</td></tr><tr><td>1962 (Est.)</td><td>22,200</td><td>13,645</td><td>36,325</td><td>72,170</td><td>11,949</td><td>597</td><td>476</td><td>13,022</td><td>2,110</td><td>12,842</td><td>-</td><td>100,144</td><td>1,241</td><td>3,526</td></tr><tr><td>1963 (Est.)</td><td>27,400</td><td>14,245</td><td>40,225</td><td>81,870</td><td>13,809</td><td>624</td><td>976</td><td>15,409</td><td>2,345</td><td>13,418</td><td>-</td><td>113,042</td><td>1,346</td><td>4,194</td></tr><tr><td>1961-July</td><td>520</td><td>245</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><td>260</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><td>242</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>54</td><td>1</td><td>884</td><td>148</td><td>983</td><td>-</td><td>9,945</td><td>90</td><td>249</td></tr><tr><td>Oct.</td><td>408</td><td>215 6/</td><td>1,399 6/</td><td>2,021</td><td>239 6/</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><td>198</td></tr><tr><td>Nov.</td><td>377</td><td>123</td><td>4,767</td><td>5,268</td><td>1,189</td><td>76</td><td>1</td><td>1,266</td><td>126</td><td>1,123</td><td>-</td><td>7,783</td><td>106</td><td>118</td></tr><tr><td>Dec.</td><td>3,322</td><td>428</td><td>2,935</td><td>6,685</td><td>458</td><td>47</td><td>1</td><td>505</td><td>152</td><td>1,013</td><td>-</td><td>8,355</td><td>88</td><td>537</td></tr><tr><td>1962-Jan.</td><td>466</td><td>2,325 6/</td><td>1,245 6/</td><td>4,036</td><td>294 6/</td><td>11</td><td>48</td><td>353</td><td>192</td><td>1,009</td><td>-</td><td>5,591</td><td>100</td><td>269</td></tr><tr><td>1962 to date.</td><td>8,720</td><td>5,514</td><td>18,897</td><td>33,137</td><td>5,036</td><td>289</td><td>52</td><td>5,377</td><td>1,065</td><td>7,403</td><td>-</td><td>46,982</td><td>678</td><td>1,873</td></tr><tr><th>Fiscal year or month</th><th>Total budget receipts</th><th colspan="4">Less: Refunds of receipts 2/</th><th>Total refunds</th><th colspan="5">Less: Transfers of tax receipts to -</th><th>Budget receipts net of refunds and transfers to trust accounts</th><th>Less: Interfund transactions 13/</th><th>Net budget receipts 14/</th></tr><tr><th></th><th></th><th colspan="2">Internal Revenue aplicable to</th><th>Customs</th><th>Other</th><th></th><th>FOASI Trust Fund 8/</th><th>Federal Disability Insurance Trust Fund 3/</th><th>Railroad Retirement Account 10/</th><th>Unemployment Trust Fund 11/</th><th>Highway Trust Fund 12/</th><th></th><th></th><th></th></tr><tr><th></th><th></th><th>Budget accounts</th><th>Trust accounts</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>1954</td><td>73,173</td><td>3,345</td><td>-</td><td>20</td><td>11</td><td>3,377</td><td>4,537</td><td>-</td><td>603</td><td>-</td><td>-</td><td>64,655</td><td>235</td><td>64,420</td></tr><tr><td>1955</td><td>69,454</td><td>3,400</td><td>-</td><td>22</td><td>4</td><td>3,426</td><td>5,040 15/</td><td>-</td><td>599</td><td>-</td><td>-</td><td>60,390</td><td>181</td><td>60,209</td></tr><tr><td>1956</td><td>78,820</td><td>3,653</td><td>-</td><td>23</td><td>8</td><td>3,684</td><td>6,337</td><td>-</td><td>634</td><td>-</td><td>-</td><td>68,165</td><td>315</td><td>67,850</td></tr><tr><td>1957</td><td>83,675</td><td>3,894</td><td>-</td><td>20</td><td>3</td><td>3,917</td><td>6,301</td><td>333</td><td>616</td><td>-</td><td>1,479</td><td>71,029</td><td>467</td><td>70,562</td></tr><tr><td>1958</td><td>83,974</td><td>4,413</td><td>-</td><td>18</td><td>2</td><td>4,433</td><td>6,870</td><td>863</td><td>575</td><td>-</td><td>2,116</td><td>69,117</td><td>567</td><td>68,550</td></tr><tr><td>1959</td><td>83,904</td><td>4,907</td><td>-</td><td>23</td><td>3</td><td>4,933</td><td>7,158</td><td>847</td><td>525</td><td>-</td><td>2,171</td><td>68,270</td><td>355</td><td>67,915</td></tr><tr><td>1960</td><td>96,962</td><td>5,024</td><td>-</td><td>18</td><td>2</td><td>5,045</td><td>9,272</td><td>939</td><td>607</td><td>-</td><td>2,642</td><td>78,457</td><td>694</td><td>77,763</td></tr><tr><td>1961</td><td>99,431</td><td>5,725 16/</td><td>224 16/</td><td>25</td><td>2</td><td>5,976 16/</td><td>10,537 16/</td><td>953 16/</td><td>571</td><td>343 16/</td><td>2,798 16/</td><td>78,313</td><td>654</td><td>77,659</td></tr><tr><td>1962 (Est.)</td><td>104,911</td><td>5,973</td><td>257</td><td>26</td><td>2</td><td>6,258</td><td>10,863</td><td>967</td><td>597</td><td>473</td><td>2,997</td><td>82,756</td><td>656</td><td>82,100</td></tr><tr><td>1963 (Est.)</td><td>118,582</td><td>6,073</td><td>257</td><td>26</td><td>2</td><td>6,358</td><td>12,669</td><td>1,019</td><td>624</td><td>973</td><td>3,246</td><td>93,693</td><td>693</td><td>93,000</td></tr><tr><td>1961-July</td><td>3,779</td><td>176</td><td>*</td><td>2</td><td>*</td><td>178</td><td>266</td><td>25</td><td>14</td><td>1</td><td>253</td><td>3,042</td><td>59</td><td>2,982</td></tr><tr><td>Aug.</td><td>8,713</td><td>200</td><td>4</td><td>3</td><td>*</td><td>208</td><td>1,589</td><td>147</td><td>32</td><td>1</td><td>269</td><td>6,416</td><td>49</td><td>6,367</td></tr><tr><td>Sept.</td><td>10,285</td><td>183</td><td>*</td><td>3</td><td>*</td><td>186</td><td>760</td><td>69</td><td>55</td><td>*</td><td>267</td><td>8,948</td><td>3</td><td>8,945</td></tr><tr><td>Oct.</td><td>3,811</td><td>159</td><td>*</td><td>3</td><td>*</td><td>162</td><td>212 6/</td><td>27 6/</td><td>1</td><td>1</td><td>258</td><td>3,149</td><td>9</td><td>3,141</td></tr><tr><td>Nov.</td><td>8,007</td><td>8</td><td>76</td><td>2</td><td>*</td><td>86</td><td>1,034</td><td>95</td><td>76</td><td>1</td><td>231</td><td>6,425</td><td>1</td><td>6,424</td></tr><tr><td>Dec.</td><td>8,980</td><td>64</td><td>76</td><td>3</td><td>*</td><td>67</td><td>418</td><td>40</td><td>47</td><td>*</td><td>255</td><td>8,153</td><td>186</td><td>7,967</td></tr><tr><td>1962-Jan.</td><td>5,959</td><td>-72 17/</td><td>142</td><td>3</td><td>*</td><td>73</td><td>141 9/</td><td>11 9/</td><td>11</td><td>48</td><td>233</td><td>5,442</td><td>84</td><td>5,357</td></tr><tr><td>1962 to date.</td><td>49,534</td><td>718</td><td>223</td><td>18</td><td>1</td><td>959</td><td>4,481</td><td>414</td><td>289</td><td>50</td><td>1,766</td><td>41,575</td><td>391</td><td>41,184</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 1963 Budget document, released January 18, 1962, 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.
2/ 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. For further detail, see tables under "Internal Revenue Collections."
5/ Beginning 1957, includes collections under increased rates in the Highway Revenue Act of 1956 (see footnote 12).
Remaining footnotes on following page.
February 1962
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>Seigniorage</th><th>Fees for permits and licenses</th><th>Fees and other charges for services, etc.</th><th>Rentalties</th><th>Fines, penalties, and forfeitures</th><th>Other 1/</th><th>Adjustment to monthly statement 2/</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>73</td><td>45</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>212</td><td>66</td><td>15</td><td>5</td><td>-</td></tr><tr><td>1956</td><td>3,006</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>23</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</td><td>4,082</td><td>942</td><td>805</td><td>1,012</td><td>182</td><td>343</td><td>330</td><td>55</td><td>81</td><td>100</td><td>94</td><td>114</td><td>14</td><td>11</td><td>-</td></tr><tr><td>1962 (Est.)</td><td>3,526</td><td>947</td><td>751</td><td>407</td><td>109</td><td>344</td><td>360</td><td>67</td><td>62</td><td>104</td><td>227</td><td>120</td><td>13</td><td>13</td><td>-</td></tr><tr><td>1963 (Est.)</td><td>4,194</td><td>978</td><td>804</td><td>668</td><td>133</td><td>370</td><td>390</td><td>40</td><td>255</td><td>107</td><td>307</td><td>124</td><td>12</td><td>6</td><td>-</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</td><td>622</td><td>317</td><td>61</td><td>-4</td><td>49</td><td>91</td><td>16</td><td>4</td><td>9</td><td>11</td><td>10</td><td>55</td><td>1</td><td>1</td><td>*</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>Nov.</td><td>118</td><td>4</td><td>77</td><td>-43</td><td>9</td><td>15</td><td>26</td><td>3</td><td>5</td><td>7</td><td>6</td><td>8</td><td>1</td><td>1</td><td>-1</td></tr><tr><td>Dec.</td><td>537</td><td>315</td><td>60</td><td>56</td><td>18</td><td>18</td><td>28</td><td>7</td><td>3</td><td>8</td><td>10</td><td>9</td><td>1</td><td>2</td><td>*</td></tr><tr><td>1962 to date</td><td>1,604</td><td>454</td><td>381</td><td>234</td><td>60</td><td>116</td><td>172</td><td>37</td><td>25</td><td>46</td><td>39</td><td>27</td><td>5</td><td>10</td><td>-1</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 1963 Budget document, released January 18, 1962, including effects of proposed legislation.
1/ Consists of miscellaneous taxes (principally the tonnage tax on foreign
vessels entering U. S. ports), bullion charges, and gifts and contributions. 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 than $500,000.
Footnotes to Table 1 - (Continued)
6/ Figures shown include (see footnote 8) increase in income tax withheld of $109 million in October, decrease of $47 million in January; decreases in income tax not withheld of $2 million in October and $6 million in January; decrease in transfers to Federal Old-Age and Survivors Insurance Trust Fund of $105 million in October, increase of $4.9 million in January; and decrease to Federal Disability Insurance Trust Fund of $2 million in October, increase of $3 million in January.
7/ Interest on refunds is included in expenditures in Table 3.
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 appropriated to the Federal Disability Insurance Trust Fund, the increase being applicable to wages paid and taxable 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 (65 Stat.222 and 66 Stat. 371) and transfers are made currently. Figures for 1956 exclude the Government's contribution for creditable military service (45 U.S.C. 228c-1 (n)).
11/ 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. 120, 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 appropriated should be transferred currently to the trust fund on the basis of estimates by the Secretary of the Treasury with proper adjustments to be made in subsequent transfers. The use tax was imposed by the act and rates were increased for the other taxes.
Previous to the fiscal year 1957 corresponding excise tax receipts were included in net budget receipts and Federal-aid highway expenditures were included in budget expenditures.
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).
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 14).
Transfers reduced by $300 million to correct those made earlier on basis of estimates (see footnote 8).
Beginning fiscal 1961, the principal amounts for refunds of employment taxes and certain excise taxes (highway) are excluded from the transfers of tax receipts shown herein, and are now included with refunds of Internal Revenue receipts, applicable to trust accounts.
Reflects gross amounts based on reimbursements by trust accounts for refunds of taxes which were made in previous months or fiscal years.
Less than $500,000.
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 colspan="2">Defense Department</th></tr><tr><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th>Military</th><th>Civil functions</th></tr><tr><td>1954</td><td>59</td><td>28</td><td>9</td><td>5,282</td><td>6,473 1/</td><td>806</td><td>-615</td><td>2,915</td><td>1,000</td><td>40,336</td><td>605</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>1,077</td><td>35,532</td><td>548</td></tr><tr><td>1956</td><td>85</td><td>37</td><td>10</td><td>4,473</td><td>6,982</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/</td><td>570</td><td>-23</td><td>5,006</td><td>562 3/</td><td>38,439</td><td>639</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>645</td><td>39,062</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>807</td></tr><tr><td>1960</td><td>126</td><td>49</td><td>56</td><td>1,757 4/</td><td>9,013 4/</td><td>408</td><td>309</td><td>5,419</td><td>539</td><td>42,824</td><td>902</td></tr><tr><td>1961</td><td>134</td><td>52</td><td>70</td><td>1,808</td><td>10,291</td><td>387</td><td>502</td><td>5,929</td><td>498</td><td>44,677</td><td>971</td></tr><tr><td>1962 (Est.)</td><td>161</td><td>59</td><td>32</td><td>2,171</td><td>11,132</td><td>501</td><td>940</td><td>7,177</td><td>650</td><td>48,250</td><td>1,015</td></tr><tr><td>1963 (Est.)</td><td>148</td><td>63</td><td>22</td><td>2,421</td><td>11,948</td><td>578</td><td>1,383</td><td>6,709</td><td>815</td><td>49,700</td><td>1,071</td></tr><tr><td>1961-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>3,808</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>99</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>46</td><td>4,035</td><td>93</td></tr><tr><td>December</td><td>12</td><td>5</td><td>1</td><td>160</td><td>893</td><td>47</td><td>-1</td><td>605</td><td>43</td><td>4,072</td><td>78</td></tr><tr><td>1962-January</td><td>16</td><td>5</td><td>2</td><td>162</td><td>991</td><td>51</td><td>51</td><td>447</td><td>45</td><td>4,044</td><td>75</td></tr><tr><td>1962 to date</td><td>92</td><td>32</td><td>20</td><td>1,029</td><td>6,597</td><td>273</td><td>481</td><td>4,345</td><td>346</td><td>26,647</td><td>600</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 7/</th><th>Total by agencies</th><th>Less: Interfund transactions 8/</th><th>Total budget expenditures 2/</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>181</td><td>64,389</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>879</td><td>22</td><td>66,540</td><td>315</td><td>66,224</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>69,633 2/ 3/</td><td>467</td><td>68,966</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>3,092</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 10/</td><td>31</td><td>80,697</td><td>355</td><td>80,342</td></tr><tr><td>1960</td><td>3,403</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>77,233</td><td>694</td><td>76,539</td></tr><tr><td>1961</td><td>3,685</td><td>801</td><td>284</td><td>831 11/</td><td>914</td><td>258</td><td>8,957</td><td>83</td><td>987 10/</td><td>50</td><td>82,169</td><td>654</td><td>81,515</td></tr><tr><td>1962 (Est.)</td><td>4,469</td><td>873</td><td>298</td><td>563</td><td>853</td><td>453</td><td>8,900</td><td>88</td><td>985</td><td>90</td><td>89,732 12/</td><td>656</td><td>89,075 12/</td></tr><tr><td>1963 (Est.)</td><td>5,183</td><td>1,031</td><td>304</td><td>386</td><td>261</td><td>342</td><td>9,300</td><td>88</td><td>1,043</td><td>85</td><td>93,230 12/</td><td>693</td><td>92,537 12/</td></tr><tr><td>1961-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>20</td><td>6,381</td><td>59</td><td>6,322</td></tr><tr><td>August</td><td>418</td><td>106</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>49</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>9</td><td>7,796</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>7,485</td></tr><tr><td>December</td><td>320</td><td>68</td><td>25</td><td>103</td><td>32</td><td>20</td><td>781</td><td>6</td><td>75</td><td>2</td><td>7,346</td><td>186</td><td>7,160</td></tr><tr><td>1962-January</td><td>421</td><td>63</td><td>24</td><td>99</td><td>30</td><td>31</td><td>803</td><td>5</td><td>102</td><td>11</td><td>7,480</td><td>84</td><td>7,395</td></tr><tr><td>1962 to date</td><td>2,497</td><td>558</td><td>169</td><td>583</td><td>324</td><td>234</td><td>5,259</td><td>46</td><td>767</td><td>52</td><td>50,952</td><td>391</td><td>50,561</td></tr></table>
President" to "Independent offices"; beginning 1959, Federal Civil Defense Administration from "Independent offices" to "Executive Office of the President," and the former Civil Aeronautics Administration and the Civil Aeronautics Board from "Commerce Department" to "Independent offices"; beginning 1960, military assistance from "Funds appropriated to the President" to "Defense Department, military," pursuant to budgeting instruction in the Mutual Security Act of 1959, approved July 24, 1959 (22 U.S.C. 1312)
Reconstruction Finance Corporation is included under "Independent of-fices" 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 Administra-tor, Administrator of General Services, Administrator of Small Business Administration, and Secretary of the Treasury.
Source: Actual figures are from the monthly statement of receipts and expenditures of the Government (for explanation of reporting bases, see page 11); estimates are from the 1963 Budget document, released January 18, 1962, including effects of proposed legislation.
Note: Figures in this table are for agencies as constituted at the time the expenditures were made, and therefore do not necessarily represent functions which are comparable over a period of time. For expenditures by functions on a consistent basis, see Table 6. Agency shifts are reflected in this table as follows: Beginning 1955, Federal Home Loan Bank Board from "Housing and Home Finance Agency" to "Independent offices," and Reconstruction Finance Corporation as indicated in footnote 1; beginning 1957, Alaska Road Construction from "Interior Department" to "Commerce Department," and Federal intermediate credit banks and production credit corporations as indicated in footnote 2; beginning 1958, Federal Facilities Corporation (remaining functions) from "Treasury Department" to "General Services Administration," and Informational Media Guaranty Fund from "Funds appropriated to the
February 1962
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>Total interest</th><th>Commodity Credit Corp.</th><th>Export-Import Bank of Washington 2/</th><th>Housing and Home Finance Agency 2/</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>Reimbursement by Panama Canal Company 7/</th><th>Federal intermediate credit banks' franchise tax 8/</th><th>Charges for audits of various agencies</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............</td><td>654</td><td>640</td><td>410</td><td>43</td><td>118</td><td>9</td><td>15</td><td>-</td><td>32</td><td>6</td><td>8</td><td>13</td><td>-</td><td>1</td></tr><tr><td>1962 (Est.).....</td><td>656</td><td>642</td><td>347</td><td>52</td><td>149</td><td>9</td><td>22</td><td>-</td><td>45</td><td>12</td><td>7</td><td>13</td><td>-</td><td>1</td></tr><tr><td>1963 (Est.).....</td><td>693</td><td>678</td><td>350</td><td>53</td><td>172</td><td>10</td><td>29</td><td>-</td><td>56</td><td>-</td><td>8</td><td>14</td><td>-</td><td>1</td></tr><tr><td>1961-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>December........</td><td>186</td><td>186</td><td>152</td><td>26</td><td>*</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2</td><td>6</td><td>-</td><td>-</td><td>-</td></tr><tr><td>1962-January.....</td><td>84</td><td>82</td><td>*</td><td>*</td><td>56</td><td>2</td><td>-</td><td>-</td><td>21</td><td>2</td><td>-</td><td>3</td><td>-</td><td>-</td></tr><tr><td>1962 to date.....</td><td>391</td><td>385</td><td>154</td><td>26</td><td>127</td><td>5</td><td>14</td><td>-</td><td>40</td><td>8</td><td>10</td><td>6</td><td>-</td><td>-</td></tr></table>
Source: See Table 2. 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; Farmers' Home Administration; Agricultural Credit Insurance Fund (formerly the Farm Tenant Mortgage Insurance Fund) beginning 1956, and the direct loan account, both established pursuant to Title III of the Agricultural Act of 1961, approved August 8, 1961; Informational Media Guaranty Fund beginning 1959; Federal Ship Mortgage Insurance Fund beginning 1960; and St. Lawrence Seaway Development Corporation beginning 1960. For net cost of Canal Zone Government, less tolls on Government vessels, and for part of treaty payment for use of Canal Zone. Realization on the Government's investment. Less than $500,000.
Footnotes to Table 3.- (Continued)
2/ 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 banks and the corporations, respectively, were classified as public enterprise funds and were included net in budget expenditures.
3/ Beginning 1957, Federal aid for highways is excluded from budget expenditures and included in trust account expenditures (see Table 1).
4/ Adjusted for reclassification by which the President's special international program in the amount of $7 million was 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 $344 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, $79.5 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 $58 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. 
11/ Beginning with the fiscal year 1961, administrative expenses of the employment security program are handled as trust account expenditures instead of budget expenditures, pursuant to the Employment Security Act of 1960, approved September 13, 1960 (74 Stat. 970); see Table 1, footnote 11. 
12/ Totals include allowances for contingencies of $75 million in 1962, and $350 million in 1963. 
* Less than $500,000.
Treasury Bulletin
BUDGET RECEIPTS AND EXPENDITURES
6
Table 5.- Summary of Appropriations and Authorizations, Expenditures, and Balances, by Agencies, as of December 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 3/</th><th>Authorizations to expend 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>129</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>-63</td><td>11,460</td><td>*</td></tr><tr><td>General Services Administration</td><td>389</td><td>589</td><td>-</td><td>-</td><td>589</td><td>*</td></tr><tr><td>Housing and Home Finance Agency</td><td>12,846</td><td>556</td><td>390</td><td>-237</td><td>709</td><td>-</td></tr><tr><td>Agriculture Department</td><td>5,184</td><td>4,767</td><td>734</td><td>5</td><td>5,506</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>4,036</td><td>-</td><td>-1</td><td>4,035</td><td>-</td></tr><tr><td>Interior Department</td><td>440</td><td>880</td><td>10</td><td>-1</td><td>889</td><td>2</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>10,154</td><td>-</td><td>-</td><td>10,154</td><td>*</td></tr><tr><td>District of Columbia - Federal contribution and loans</td><td>111</td><td>62</td><td>-</td><td>-</td><td>62</td><td>-</td></tr><tr><td>Total</td><td>78,220</td><td>87,862</td><td>1,633</td><td>-286</td><td>89,210</td><td>-</td></tr></table>
<table><tr><th>Agency</th><th colspan="2">Deductions, fiscal year 1962 to date</th><th colspan="5">Unexpended balances December 31, 1961</th></tr><tr><th></th><th>Expenditures</th><th>Rescissions, cancellations, and other adjustments 7/</th><th>Undisbursed appropriations</th><th>Unused authorizations to expend from debt receipts</th><th>Unfunded contract authorizations</th><th>Investments held 8/</th><th>Total 2/</th></tr><tr><td>Legislative Branch</td><td>77</td><td>2</td><td>136</td><td>-</td><td>27</td><td>-</td><td>163</td></tr><tr><td>The Judiciary</td><td>26</td><td>-</td><td>35</td><td>-</td><td>-</td><td>-</td><td>35</td></tr><tr><td>Executive Office of the President</td><td>18</td><td>*</td><td>33</td><td>-</td><td>-</td><td>-</td><td>33</td></tr><tr><td>Funds appropriated to the President</td><td>866</td><td>*</td><td>4,924</td><td>329</td><td>-</td><td>-</td><td>5,252</td></tr><tr><td>Independent offices</td><td>5,606</td><td>33</td><td>9,802</td><td>9,727</td><td>55</td><td>533</td><td>20,116</td></tr><tr><td>General Services Administration</td><td>222</td><td>5</td><td>751</td><td>-</td><td>-</td><td>-</td><td>751</td></tr><tr><td>Housing and Home Finance Agency</td><td>430</td><td>68</td><td>728</td><td>8,114</td><td>3,356</td><td>858</td><td>13,057</td></tr><tr><td>Agriculture Department</td><td>3,898</td><td>6</td><td>2,540</td><td>4,196</td><td>51</td><td>-</td><td>6,786</td></tr><tr><td>Commerce Department</td><td>301</td><td>13</td><td>927</td><td>300</td><td>240</td><td>-</td><td>1,467</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>22,208</td><td>-</td><td>54,110</td><td>-</td><td>-</td><td>-</td><td>54,110</td></tr><tr><td>Military assistance</td><td>397</td><td>-</td><td>3,801</td><td>-</td><td>-</td><td>-</td><td>3,801</td></tr><tr><td>Civil functions</td><td>525</td><td>11</td><td>837</td><td>10</td><td>-</td><td>-</td><td>847</td></tr><tr><td>Undistributed foreign transactions</td><td>-26</td><td>-</td><td>26</td><td>-</td><td>-</td><td>-</td><td>26</td></tr><tr><td>Health, Education, and Welfare Department</td><td>2,076</td><td>-</td><td>3,438</td><td>-</td><td>-</td><td>-</td><td>3,438</td></tr><tr><td>Interior Department</td><td>495</td><td>*</td><td>741</td><td>10</td><td>85</td><td>-</td><td>836</td></tr><tr><td>Justice Department</td><td>146</td><td>-</td><td>188</td><td>-</td><td>-</td><td>-</td><td>188</td></tr><tr><td>Labor Department</td><td>484</td><td>-</td><td>379</td><td>-</td><td>-</td><td>-</td><td>379</td></tr><tr><td>Post Office Department</td><td>294</td><td>-</td><td>914</td><td>-</td><td>-</td><td>-</td><td>914</td></tr><tr><td>State Department</td><td>203</td><td>-</td><td>211</td><td>-</td><td>-</td><td>-</td><td>211</td></tr><tr><td>Treasury Department</td><td>5,161</td><td>2</td><td>5,335</td><td>5,965</td><td>-</td><td>-</td><td>11,300</td></tr><tr><td>District of Columbia - Federal contribution and loans</td><td>41</td><td>8</td><td>124</td><td>-</td><td>-</td><td>-</td><td>124</td></tr><tr><td>Adjustment to monthly statement of receipts and expenditures of the Government</td><td>24 2/</td><td>-</td><td>-24</td><td>-</td><td>-</td><td>-</td><td>-24</td></tr><tr><td>Total</td><td>43,472</td><td>147</td><td>89,957</td><td>28,650</td><td>3,813</td><td>1,391</td><td>123,811</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>307</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total budget expenditures</td><td>43,165</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 to date are shown in Bureau of Accounts report "Budgetary Appropriations and Other Authorizations, Expenditures and Unexpended Balances". 1/ Includes same categories as shown at end of current period. 2/ Although not expended, a substantial portion of these amounts is obligated for outstanding purchase orders and contracts for equipment and supplies, for payrolls, and for similar items. 3/ Includes reappropriations. 4/ Consists of authorizations by law for Government-owned enterprises to borrow (1) from the Treasury (to expend from public debt receipts) or (2) from the public (to expend from debt receipts). 5/ Consists of new contract authorizations, established by law for the current fiscal year, net of current appropriations to liquidate either current or prior contract authorizations. 6/ Consists of transfers between appropriations; net borrowings from
or repayments to (-), the Treasury and the public under authority to expend from debt receipts; and net investment in, or sale of (-), public debt securities and certain guaranteed securities issued by Government enterprises.
7/ Consists of transfers to, or restorations from (-), the surplus fund; rescissions, cancellations, or adjustments of borrowing authority and contract authority; capital transfers to miscellaneous receipts; and other adjustments.
8/ Public debt securities and certain guaranteed securities issued by Government enterprises.
9/ 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 $500,000.
February 1962
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</th><th>1962 through December 15/ Expenditures</th><th>Unexpended balances end of period 1/</th></tr><tr><td><strong>Major national security:</strong></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></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>43,228</td><td>22,182</td><td>54,136</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>1,449</td><td>397</td><td>3,801</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>2,713</td><td>1,329</td><td>2,681</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>22</td><td>184</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>47,413</td><td>23,929</td><td>60,802</td></tr><tr><td><strong>international affairs and finance:</strong></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></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>182</td><td>100</td></tr><tr><td>Economic and financial assistance.................</td><td>152</td><td>1,683</td><td>1,910</td><td>3,403</td><td>1,477</td><td>2,126</td><td>1,367</td><td>14,939</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>85</td><td>223</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>2,501</td><td>1,634</td><td>15,262</td></tr><tr><td><strong>Veterans' services and benefits:</strong></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Veterans' education and training 2/................</td><td>101</td><td>774</td><td>699</td><td>574</td><td>383</td><td>406</td><td>68</td><td>29</td></tr><tr><td>Other veterans' readjustment benefits 3/............</td><td>102</td><td>126</td><td>168</td><td>177</td><td>136</td><td>*</td><td>75</td><td>10</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>3,622</td><td>1,849</td><td>1,866</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>42</td><td>113</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>1,030</td><td>535</td><td>782</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>179</td><td>87</td><td>118</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>5,060</td><td>5,262</td><td>2,657</td><td>2,324</td></tr><tr><td><strong>Labor and welfare:</strong></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></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>428</td><td>320</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>1,237</td><td>1,014</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>546</td><td>1,733</td></tr><tr><td>Promotion of education 4/..........................</td><td>214</td><td>292</td><td>319</td><td>468</td><td>569</td><td>559</td><td>275</td><td>649</td></tr><tr><td>Promotion of science, research, libraries, and museums 5/.</td><td>215</td><td>71</td><td>72</td><td>119</td><td>211</td><td>243</td><td>118</td><td>509</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>27</td><td>47</td></tr><tr><td>Other welfare services and administration 6/........</td><td>217</td><td>201</td><td>221</td><td>279</td><td>302</td><td>319</td><td>135</td><td>147</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>4,950</td><td>2,766</td><td>4,419</td></tr><tr><td><strong>Agriculture and agricultural resources:</strong></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stabilization of farm prices and farm income 2/.....</td><td>351</td><td>3,430</td><td>3,151</td><td>5,126</td><td>3,278</td><td>3,472</td><td>2,561</td><td>4,077</td></tr><tr><td>Financing farm ownership and operation 8/...........</td><td>352</td><td>227 9/</td><td>239</td><td>250</td><td>246</td><td>349</td><td>50</td><td>977</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>157</td><td>1,166</td></tr><tr><td>Conservation and development of agricultural land and water resources 6/.....................</td><td>354</td><td>374</td><td>448</td><td>547</td><td>692</td><td>727</td><td>635</td><td>241</td></tr><tr><td>Research, and other agricultural services 6/........</td><td>355</td><td>227</td><td>255</td><td>291</td><td>293</td><td>322</td><td>164</td><td>291</td></tr><tr><td>Total agriculture and agricultural resources........</td><td></td><td>4,525 9/</td><td>4,389</td><td>6,529</td><td>4,838</td><td>5,172</td><td>3,566</td><td>6,751</td></tr><tr><td><strong>Natural resources:</strong></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></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>838</td><td>1,951</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>176</td><td>167</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>61</td><td>34</td><td>44</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>41</td><td>105</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>56</td><td>150</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>55</td><td>33</td><td>35</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>2,007</td><td>1,178</td><td>2,452</td></tr><tr><td><strong>Commerce, housing, and space technology:</strong></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></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>315</td><td>913</td></tr><tr><td>Provision of highways.............................</td><td>511</td><td>40 10/</td><td>31</td><td>30</td><td>38</td><td>36</td><td>24</td><td>95</td></tr><tr><td>Promotion of aviation.............................</td><td>512</td><td>219</td><td>315</td><td>494</td><td>568</td><td>716</td><td>391</td><td>1,065</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>482</td><td>1,781</td></tr><tr><td>Postal service....................................</td><td>514</td><td>518</td><td>674</td><td>774</td><td>525</td><td>914</td><td>294</td><td>914</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>100</td><td>5,613</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>79</td><td>1,620</td></tr><tr><td>Other aids to housing 11/..........................</td><td>517</td><td>-60</td><td>228</td><td>1,085</td><td>279</td><td>307</td><td>288</td><td>8,547</td></tr><tr><td>Other aids to business 12/..........................</td><td>518</td><td>59</td><td>115</td><td>139</td><td>95</td><td>152</td><td>130</td><td>3,892</td></tr><tr><td>Regulation of commerce and finance..................</td><td>519</td><td>45</td><td>49</td><td>58</td><td>58</td><td>67</td><td>51</td><td>46</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>15</td><td>296</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>6</td><td>34</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>2,782</td><td>3,883</td><td>2,174</td><td>24,817</td></tr><tr><td><strong>General government:</strong></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Legislative functions.............................</td><td>601</td><td>90</td><td>88</td><td>102</td><td>109</td><td>118</td><td>67</td><td>138</td></tr><tr><td>Judicial functions.................................</td><td>602</td><td>40</td><td>44</td><td>47</td><td>49</td><td>52</td><td>26</td><td>38</td></tr><tr><td>Executive direction and management..................</td><td>603</td><td>9</td><td>10</td><td>12</td><td>12</td><td>13</td><td>7</td><td>10</td></tr><tr><td>Central fiscal operations..........................</td><td>604</td><td>476</td><td>502</td><td>566</td><td>558</td><td>611</td><td>316</td><td>404</td></tr><tr><td>General property and records management.............</td><td>605</td><td>194</td><td>239</td><td>291</td><td>367</td><td>370</td><td>210</td><td>706</td></tr><tr><td>Central personnel management and employment costs 14/.</td><td>606</td><td>627</td><td>140</td><td>205</td><td>211</td><td>311</td><td>125</td><td>177</td></tr><tr><td>Civilian weather services..........................</td><td>607</td><td>38</td><td>39</td><td>46</td><td>54</td><td>56</td><td>31</td><td>99</td></tr><tr><td>Protective services and alien control................</td><td>608</td><td>187</td><td>199</td><td>216</td><td>217</td><td>240</td><td>122</td><td>144</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>91</td><td>123</td><td>89</td><td>187</td></tr><tr><td>Other general government............................</td><td>610</td><td>51</td><td>20</td><td>30</td><td>28</td><td>36</td><td>49</td><td>15</td></tr><tr><td>Total general government............................</td><td></td><td>1,790</td><td>1,359</td><td>1,606</td><td>1,695</td><td>1,931</td><td>1,042</td><td>1,918</td></tr></table>
Footnotes at end of table
(Continued on following page)
g
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</th><th>1962 through December 15/ Expenditures</th><th>Unexpended balances end of period 1/</th></tr><tr><td>Interest:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest on the public debt</td><td>651</td><td>7,244</td><td>7,607</td><td>7,593</td><td>9,180</td><td>8,957</td><td>4,456</td><td>4,444</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>41</td><td>42</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>5</td><td>5</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>9,050</td><td>4,502</td><td>4,491</td></tr><tr><td>Undistributed</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>24</td><td>-24</td></tr><tr><td>Total</td><td></td><td>69,433 9/10/</td><td>71,936</td><td>80,697</td><td>77,233</td><td>82,169</td><td>43,472</td><td>123,811</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>654</td><td>307</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>81,515</td><td>43,165</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/ Expenditures for 1961 and 1962 include those made from "Readjustment Benefits, Veterans' Administration," applicable to functional code 102. See footnotes 3 and 14.
3/ See footnote 6.
4/ Expenditures for 1961 and 1962 include those for promotion of education in science made from "Salaries and Expenses, National Science Foundation," applicable to functional code 214.
6/ See footnote 7.
7/ Expenditures for 1962 include those for special milk program - restoration of capital impairment, applicable to functional code 217. For 1961 and 1962 they include those for loans to Secretary of Agriculture for conservation purposes and conservation reserve program. applicable to functional code 354; and for animal disease eradication activities and grading and classing activities, applicable to functional code 355. These expenditures were made from "Commodity Credit Corporation Capital Fund" and "National Wool Act, Commodity Stabilization Service."
8/ Expenditures for 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 1, footnote 1.
10/ Excludes Federal-aid highway expenditures, which are made from the Highway Trust Fund beginning with 1957 (see Table 1, footnote 1c); corresponding expenditures for previous years are included in Budget expenditures.
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 January 1962, and fiscal 1961 through January 1961 are shown below. Details by functions are not available for publication in this issue but will appear in the March Bulletin.
<table><tr><th>Function</th><th>Fiscal year 1962 through Jan. 1962</th><th>Fiscal year 1961 through Jan. 1961</th></tr><tr><td colspan="3">(In millions)</td></tr><tr><td>Major national security</td><td>28,244</td><td>26,875</td></tr><tr><td>International affairs and finance</td><td>1,879</td><td>1,289</td></tr><tr><td>Veterans' services and benefits</td><td>3,128</td><td>3,021</td></tr><tr><td>Labor and welfare</td><td>3,330</td><td>2,656</td></tr><tr><td>Agriculture and agricultural resources</td><td>3,752</td><td>3,444</td></tr><tr><td>Natural resources</td><td>1,331</td><td>1,198</td></tr><tr><td>Commerce, housing, and space technology</td><td>2,533</td><td>2,084</td></tr><tr><td>General government</td><td>1,248</td><td>1,117</td></tr><tr><td>Interest</td><td>5,310</td><td>5,367</td></tr><tr><td>Total</td><td>50,492</td><td>47,051</td></tr><tr><td>Less: Certain interfund transactions</td><td>391</td><td>363</td></tr><tr><td>Budget expenditures</td><td>50,561</td><td>46,687</td></tr></table>
Less than $500,000.
February 1962
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/ 3/</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</td><td>-602</td><td>565</td><td>23,583 2/</td><td>23,018 2/</td><td>-435</td><td>-733</td></tr><tr><td>1962 (Est.)</td><td>33</td><td>-1,029</td><td>24,288</td><td>25,317</td><td>-169</td><td>1,231</td></tr><tr><td>1963 (Est.)</td><td>-248</td><td>857</td><td>27,247</td><td>26,393</td><td>-1,813</td><td>709</td></tr><tr><td>1961-July</td><td>-66</td><td>-871</td><td>1,002</td><td>1,872</td><td>780</td><td>24</td></tr><tr><td>August</td><td>-120</td><td>1,344</td><td>3,292</td><td>2,048</td><td>-1,397</td><td>32</td></tr><tr><td>September</td><td>44</td><td>-726</td><td>1,478</td><td>2,203</td><td>662</td><td>108</td></tr><tr><td>October</td><td>-154</td><td>-1,015</td><td>979</td><td>1,994</td><td>828</td><td>33</td></tr><tr><td>November</td><td>317</td><td>479</td><td>2,438</td><td>1,958</td><td>-191</td><td>28</td></tr><tr><td>December</td><td>258</td><td>-450</td><td>1,484</td><td>1,934</td><td>540</td><td>168</td></tr><tr><td>1962-January</td><td>-152</td><td>-1,455</td><td>866</td><td>2,322</td><td>1,177</td><td>165</td></tr></table>
Source: Actual figures are from the monthly statement of receipts and expenditures of the Government (for explanation of reporting bases, see page II); estimates are from the 1961 Budget document, released January 18, 1962, including effects of proposed legislation. 1/ 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. 2/ 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 obligation of Government agencies in the market (see Table 5). Figures for 1955 have been revised to the new classification basis. Includes guaranteed securities beginning 1955 (see Table 4). Adjusted for reclassification of certain repayments of advances from the general fund. Beginning fiscal 1961, refunds of taxes (principal only) are deducted from receipts; before that they were included under expenditures.
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 accounts</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>3,155</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 4/</td></tr><tr><td>1961</td><td>11,824 5/</td><td>1,083 5/</td><td>1,051</td><td>3,803 5/ 6/</td><td>668</td><td>58</td><td>2,033</td><td>2,800 5/</td><td>779</td><td>24,098 5/</td><td>515</td><td>23,583 2/</td></tr><tr><td>1962 (Est.)</td><td>12,143</td><td>1,106</td><td>1,110</td><td>3,981</td><td>692</td><td>53</td><td>2,063</td><td>3,001</td><td>1,013</td><td>24,761</td><td>473</td><td>24,288</td></tr><tr><td>1963 (Est.)</td><td>14,120</td><td>1,165</td><td>1,188</td><td>4,151</td><td>695</td><td>48</td><td>2,128</td><td>3,250</td><td>1,002</td><td>27,748</td><td>498</td><td>27,249</td></tr><tr><td>1961-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>1,013</td><td>12</td><td>1,002</td></tr><tr><td>August</td><td>1,819</td><td>165</td><td>86</td><td>682</td><td>41</td><td>2</td><td>197</td><td>269</td><td>51</td><td>3,312</td><td>20</td><td>3,292</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>184</td><td>41</td><td>2</td><td>144</td><td>259</td><td>102</td><td>998</td><td>12</td><td>979</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>231</td><td>81</td><td>2,455</td><td>18</td><td>2,438</td></tr><tr><td>December</td><td>625</td><td>74</td><td>48</td><td>210</td><td>34</td><td>2</td><td>164</td><td>256</td><td>71</td><td>1,487</td><td>3</td><td>1,484</td></tr><tr><td>1962-January</td><td>148</td><td>12</td><td>13</td><td>209</td><td>48</td><td>2</td><td>146</td><td>233</td><td>64</td><td>875</td><td>8</td><td>860</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 detail of both trust receipts and trust expenditures, but are deducted from the totals.
3/ 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. 2/ See Table 1, footnote 5. 6/ Beginning fiscal 1961, tax receipts under the Federal Unemployment Tax Act are transferred currently to an administration account in the Unemployment Trust Fund pursuant to the Employment Security Act of 1960, approved September 13, 1960 (74 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 rowspan="2">Fiscal year or month</th><th colspan="10">Trust accounts, etc.</th></tr><tr><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 colspan="2">Federal National Mortgage Assoc. 1/ Financing by Treasury</th></tr><tr><th></th><th colspan="8"></th><th>Other operations</th><th></th></tr><tr><td>1954</td><td>3,405</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>0</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>200</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>512</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</td><td>11,752 3/</td><td>746 2/</td><td>1,124</td><td>4,734 2 4/</td><td>707</td><td>94</td><td>955</td><td>2,620 3/</td><td>-16</td><td>-73</td></tr><tr><td>1962 (Est.)</td><td>13,219</td><td>1,060</td><td>1,126</td><td>3,841</td><td>642</td><td>100</td><td>1,063</td><td>3,026</td><td></td><td>856</td></tr><tr><td>1963 (Est.)</td><td>14,171</td><td>1,150</td><td>1,144</td><td>3,894</td><td>607</td><td>64</td><td>1,172</td><td>3,252</td><td></td><td>470</td></tr><tr><td>1961-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>315</td><td>39</td><td>5</td><td>86</td><td>298</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>-3</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>290</td><td>-83</td><td>91</td></tr><tr><td>December</td><td>1,009</td><td>142</td><td>86</td><td>319</td><td>32</td><td>4</td><td>86</td><td>227</td><td>58</td><td>84</td></tr><tr><td>1962-January</td><td>1,086</td><td>84</td><td>94</td><td>422</td><td>58</td><td>7</td><td>89</td><td>222</td><td>65</td><td>94</td></tr></table>
<table><tr><th> Fiscal year or month</th><th colspan="2">Trust account, etc. - (Cont.)</th><th colspan="5">Deposit fund accounts (net)</th><th>Total trust and deposit fund account expenditures</th><th>Less: Intertrust fund transactions 6/</th><th>Net trust and deposit fund account expenditures 7/</th></tr><tr><th></th><th>Other trust accounts, etc. 2/</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>Total</th><th>Other deposit fund accounts</th><th>Total deposit fund accounts</th><th></th><th></th></tr><tr><td>1947</td><td>449</td><td>7,327</td><td>8/</td><td>8/</td><td>-437</td><td>-437</td><td>-121</td><td>-558</td><td>6,769</td><td>18</td><td>6,751</td></tr><tr><td>1948</td><td>483</td><td>8,489</td><td>170</td><td>-269</td><td>30</td><td>9/</td><td>56</td><td>56 9/</td><td>8,545</td><td>16</td><td>8,530</td></tr><tr><td>1949</td><td>425</td><td>9,197</td><td>548</td><td>-872</td><td>34</td><td>10</td><td>224</td><td>238</td><td>9,435</td><td>11</td><td>9,423</td></tr><tr><td>1950</td><td>509 10/</td><td>1,742</td><td>39</td><td>-86</td><td>39</td><td>-8</td><td>224</td><td>216</td><td>1,959</td><td>10</td><td>1,946</td></tr><tr><td>1951</td><td>911 10/</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>1952</td><td>67: 10/</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>18,545</td><td>135</td><td>18,441</td></tr><tr><td>1953</td><td>711</td><td>21,903 3/</td><td>239</td><td>-723</td><td>473</td><td>-7</td><td>-97</td><td>-102</td><td>21,801 3/</td><td>908</td><td>20,893</td></tr><tr><td>1954</td><td>698</td><td>23,342 3/</td><td>434</td><td>-195</td><td>-224</td><td>15</td><td>176</td><td>191</td><td>23,533 3</td><td>915</td><td>23,018 3/</td></tr><tr><td>1955 (Est.)</td><td>867</td><td>2,813</td><td>-153</td><td>-361</td><td>11/</td><td>11/</td><td>11/</td><td>-3</td><td>2,790</td><td>473</td><td>2,317</td></tr><tr><td>1956 (Est.)</td><td>859</td><td>26,786</td><td>191</td><td>-500</td><td>11/</td><td>11/</td><td>11/</td><td>105</td><td>26,891</td><td>498</td><td>26,393</td></tr><tr><td>1957-July</td><td>34</td><td>1,928</td><td>-83</td><td>-41</td><td>126</td><td>.</td><td>-46</td><td>-45</td><td>1,884</td><td>11</td><td>1,872</td></tr><tr><td>August</td><td>67</td><td>1,043</td><td>-10</td><td>-70</td><td>170</td><td>-6</td><td>31</td><td>25</td><td>2,008</td><td>20</td><td>2,048</td></tr><tr><td>September</td><td>92</td><td>1,129</td><td>117</td><td>-309</td><td>180</td><td>-8</td><td>97</td><td>89</td><td>1,118</td><td>15</td><td>1,203</td></tr><tr><td>October</td><td>111</td><td>2,343</td><td>-77</td><td>10</td><td>58</td><td>-9</td><td>-22</td><td>-20</td><td>2,013</td><td>19</td><td>1,994</td></tr><tr><td>November</td><td>62</td><td>2,010</td><td>205</td><td>-141</td><td>-76</td><td>-12</td><td>-22</td><td>-34</td><td>1,976</td><td>18</td><td>1,958</td></tr><tr><td>December</td><td>24</td><td>1,074</td><td>-320</td><td>42</td><td>274</td><td>-4</td><td>-133</td><td>-136</td><td>1,147</td><td>3</td><td>1,143</td></tr><tr><td>1958-January</td><td>8</td><td>2,292</td><td>400</td><td>-98</td><td>-31</td><td>-10</td><td>48</td><td>58</td><td>1,330</td><td>8</td><td>1,322</td></tr></table>
2. Secondary market operations, as provided in the Housing Act of 1954, approved August 2, 1954 (12 U.S.C. 171a). 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 1, footnote 5.
Includes principally District of Columbia operating expenditures; Funds appropriated to the President - mutual security trust funds; Indian tribal funds; expenditures chargeable against increment on gold; and trust enterprise funds (net). The Railroad Unemployment Insurance Administrator's Fund is included for the period 1954, through November 1, 1955 (see Table 10, published quarterly), the Employees' Life Insurance Fund (net) for its establishment in August 1954, and the Employees' Health benefit Fund (net) beginning 1951.
For content see Table 1. These transactions are included in the detail.
of both trust receipts and trust expenditures, but are deducted from the totals.
Z/ Excludes certain intertrust fund transactions consisting principally of financial interchanges between trust funds resulting in receipts and expenditures (see footnote 6).
8/ Excluded from deposit fund account expenditures and included with similar security transactions of other agencies (see Tables 4 and 5).
9/ Includes security transactions of Government-sponsored enterprises beginning 1955 (see Table 1, footnote 2).
10/ 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.
11/ The combined estimates for "Government-sponsored enterprises, other expenditures" and "Other deposit fund accounts" are $3.91 million for 1965 and $4.14 million for 1966.
* Less than $100,000. n.a. Not available.
February 1962
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 rowspan="2">Fiscal year or month</th><th colspan="10">Trust accounts</th><th rowspan="2">Other trust accounts</th></tr><tr><th>Total</th><th>Total trust accounts</th><th>Federal Old-Age and Survivora 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></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 2/</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</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</td><td>435</td><td>286</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>41</td></tr><tr><td>1962 (Est.)</td><td>169</td><td>-120</td><td>-895</td><td>39</td><td>-22</td><td>-250</td><td>53</td><td>-46</td><td>998</td><td>-10</td><td>-</td><td>13</td></tr><tr><td>1963 (Est.)</td><td>1,813</td><td>1,470</td><td>68</td><td>38</td><td>19</td><td>251</td><td>91</td><td>-20</td><td>951</td><td>-2</td><td>-</td><td>74</td></tr><tr><td>1961-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><td>December</td><td>-540</td><td>-539</td><td>-369</td><td>-78</td><td>-47</td><td>-106</td><td>-2</td><td>-4</td><td>69</td><td>1</td><td>-</td><td>-3</td></tr><tr><td>1962-January</td><td>-1,137</td><td>-1,141</td><td>-828</td><td>-57</td><td>-69</td><td>-267</td><td>-3</td><td>-4</td><td>65</td><td>5</td><td>-</td><td>18</td></tr><tr><th rowspan="2">Fiscal year or month</th><th colspan="6">Public enterprise funds</th><th colspan="5">Government-sponsored enterprises</th><th rowspan="2">Federal intermediate credit banks 1/</th></tr><tr><th>Total public enterprise funds</th><th>Federal Housing Administration</th><th>Federal intermediate credit banks 1/</th><th>Production credit corporations 1/</th><th>Federal National Mortgage Association 6/</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></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>3</td><td>102</td><td>314</td><td>18</td><td>-</td></tr><tr><td>1955</td><td>126</td><td>95 7/</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 7/</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>439</td><td>*</td><td>134</td><td>102</td><td>1</td><td>2</td></tr><tr><td>1961</td><td>149</td><td>97</td><td>-</td><td>-</td><td>8</td><td>34</td><td>-12</td><td>22</td><td>434</td><td>3</td><td>148</td><td>287</td><td>-5</td><td>1</td></tr><tr><td>1962 (Est.)</td><td>289</td><td>12</td><td>-</td><td>-</td><td>5</td><td>239</td><td>64</td><td>-31</td><td>-153</td><td>-</td><td>147</td><td>-300</td><td>-</td><td>-</td></tr><tr><td>1963 (Est.)</td><td>343</td><td>79</td><td>-</td><td>-</td><td>10</td><td>271</td><td>-28</td><td>12</td><td>191</td><td>-</td><td>141</td><td>50</td><td>-</td><td>-</td></tr><tr><td>1961-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><tr><td>December</td><td>-1</td><td>5</td><td>-</td><td>-</td><td>-5</td><td>4</td><td>-7</td><td>2</td><td>-320</td><td>-</td><td>5</td><td>-321</td><td>-</td><td>-4</td></tr><tr><td>1962-January</td><td>4</td><td>12</td><td>-</td><td>-</td><td>7</td><td>8</td><td>-25</td><td>2</td><td>400</td><td>*</td><td>39</td><td>359</td><td>1</td><td>*</td></tr></table><table><tr><td>Memorandum</td></tr></table>
Source: See Table 1. 
1/ See Table 3, footnote 10. 
2/ For explanation of difference from Budget figures, see "Cash Income and Outgo," Table 7, footnote 1. 
3/ Excludes net investment by Government-sponsored enterprises beginning with the fiscal year 1955 (see Table 1, footnote 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 15).
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.
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 in cost of sales)
<table><tr><th rowspan="2">Fiscal year or month</th><th rowspan="2">Total</th><th colspan="4">Securities guaranteed by the United States</th><th colspan="5">Securities not guaranteed by the United States</th></tr><tr><th>Total guaranteed</th><th colspan="3">Public enterprise funds</th><th>Trust enterprise fund D. Stadium fund</th><th>Total not guaranteed</th><th colspan="4">State enterprise funds</th></tr><tr><th></th><th></th><th></th><th>Federal Farm Mortgage Corporation</th><th>Federal Housing Administration</th><th>Home Owners' Loan Corporation</th><th></th><th>Total public and trust enterprise funds</th><th>Federal intermediate credit banks</th><th>Federal National Mortgage Association</th><th>Home Owners' Loan Corporation</th></tr><tr><td>1950</td><td>-4</td><td>-14</td><td>*</td><td>-30</td><td>*</td><td>-</td><td>33</td><td>-44</td><td>-44</td><td>-</td></tr><tr><td>1951</td><td>-60</td><td>30</td><td>*</td><td>37</td><td>*</td><td>-</td><td>-699</td><td>-2</td><td>-64</td><td>-60</td></tr><tr><td>1952</td><td>-174</td><td>-30</td><td>*</td><td>-10</td><td>*</td><td>-</td><td>-144</td><td>-144</td><td>-144</td><td>*</td></tr><tr><td>1957</td><td>-1,084</td><td>-33</td><td>*</td><td>-33</td><td>*</td><td>-</td><td>-1,622</td><td>-1,64</td><td>20</td><td>*</td></tr><tr><td>1958</td><td>-67</td><td>6</td><td>*</td><td>6</td><td>*</td><td>-</td><td>-571</td><td>-571</td><td>-</td><td>-233</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></tr><tr><td>1960</td><td>-1,733</td><td>-14</td><td>*</td><td>-28</td><td>*</td><td>-</td><td>-994</td><td>-994</td><td>-</td><td>*</td></tr><tr><td>1961</td><td>733</td><td>-100</td><td>*</td><td>-81</td><td>*</td><td>-14</td><td>333</td><td>833</td><td>-</td><td>297</td></tr><tr><td>1962 (Est.)</td><td>-1,31</td><td>-14</td><td>*</td><td>-13</td><td>*</td><td>-</td><td>-1,106</td><td>-1,004</td><td>-</td><td>*</td></tr><tr><td>1963 (Est.)</td><td>-704</td><td>-184</td><td>-</td><td>-134</td><td>*</td><td>-</td><td>-925</td><td>-529</td><td>-</td><td>-</td></tr><tr><td>1961-July</td><td>-4</td><td>2</td><td>*</td><td>2</td><td>*</td><td>-</td><td>-26</td><td>-26</td><td>-</td><td>-</td></tr><tr><td>August</td><td>-3</td><td>-11</td><td>*</td><td>-11</td><td>*</td><td>-</td><td>-22</td><td>-22</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>-6</td><td>-86</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>-7</td><td>-5</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></tr><tr><td>December</td><td>-168</td><td>-16</td><td>-</td><td>-16</td><td>*</td><td>-</td><td>-153</td><td>-153</td><td>-</td><td>-</td></tr><tr><td>1962-January</td><td>-16</td><td>-16</td><td>*</td><td>-16</td><td>*</td><td>-</td><td>-149</td><td>-149</td><td>-</td><td>*</td></tr></table>
<table><tr><th rowspan="2">Fiscal year or month</th><th colspan="3">Securities not guaranteed by the United States - (Continued)</th><th colspan="5">Government-sponsored enterprises</th></tr><tr><th>Public enterprise funds - (Cont.)</th><th colspan="2">Trust enterprise funds</th><th>Total government-sponsored enterprises</th><th>Banks for cooperatives</th><th>Federal home loan banks</th><th>Federal intermediate credit banks</th><th>Federal land banks</th></tr><tr><th></th><th>Tennessee Valley Authority</th><th>Federal intermediate credit banks 1/</th><th>Federal National Mortgage Association 4/</th><th></th><th></th><th></th><th></th><th></th></tr><tr><td>13</td><td>-</td><td>-</td><td>-</td><td>-11</td><td>-</td><td>136</td><td>-</td><td>-14*</td></tr><tr><td colspan="8">Memorandum</td></tr><tr><td>1</td><td>-</td><td>-</td><td>-</td><td>-209</td><td>10</td><td>-426</td><td>-</td><td>-43</td></tr><tr><td>11/6</td><td>-</td><td>-138</td><td>-100</td><td>-875</td><td>-43</td><td>-688</td><td>-</td><td>-201</td></tr><tr><td>12</td><td>-</td><td>-225</td><td>-11</td><td>107</td><td>-6</td><td>121</td><td>-</td><td>-37</td></tr><tr><td>1</td><td>-</td><td>58</td><td>-12</td><td>-121</td><td>-80</td><td>28</td><td>-</td><td>-78</td></tr><tr><td>11</td><td>-</td><td>-</td><td>-90%</td><td>-17</td><td>-41</td><td>-23%</td><td>-147</td><td>-29</td></tr><tr><td>11</td><td>-7</td><td>-</td><td>-</td><td>-17</td><td>-5</td><td>27</td><td>-14</td><td>-267</td></tr><tr><td>Aug. (Est.)</td><td>-1</td><td>-</td><td>-856</td><td>-92</td><td>-7</td><td>11</td><td>-12</td><td>-137</td></tr><tr><td>11th E.S.</td><td>-1</td><td>-</td><td>-47</td><td>-17</td><td>-11</td><td>-11</td><td>-12</td><td>-117</td></tr><tr><td>Period 11</td><td>-</td><td>-</td><td>-4</td><td>-1</td><td>-</td><td>*</td><td>-14</td><td>*</td></tr><tr><td>August 1</td><td>-</td><td>-</td><td>-15</td><td>-70</td><td>-1</td><td>-21</td><td>-68</td><td>*</td></tr><tr><td>September 1</td><td>-</td><td>-</td><td>-85</td><td>-99</td><td>*</td><td>-14</td><td>13</td><td>-76</td></tr><tr><td>October 1</td><td>-</td><td>-</td><td>-</td><td>11</td><td>-0.1</td><td>*</td><td>12</td><td>3</td></tr><tr><td>November 1</td><td>-</td><td>-</td><td>-13</td><td>-14</td><td>1</td><td>-22</td><td>2</td><td>*</td></tr><tr><td>December 1</td><td>-</td><td>-</td><td>-1</td><td>42</td><td>*</td><td>*</td><td>35</td><td>*</td></tr><tr><td>40-day average</td><td>-</td><td>-</td><td>-149</td><td>-8</td><td>-</td><td>-114</td><td>10</td><td>*</td></tr></table>
as a "qualified public enterprise fund" prior to January 1, 1957; as a "qualified enterprise fund" January 1, 1957, to January 1, 1959; and as a "qualified sponsor of enterprise" thereafter.
Beginning 110 excludes not-for-profit or government-sponsored enterprises (see Table 3). Secondary market operation. Less than $500,000
February 1962
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/ 2/</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</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>340</td><td>12</td><td>66</td><td>42</td><td>-</td><td>12</td><td>473</td></tr><tr><td>1963 (Est.)</td><td>372</td><td>12</td><td>55</td><td>44</td><td>-</td><td>12</td><td>498</td></tr><tr><td>1961-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><tr><td>December</td><td>-</td><td>-</td><td>-</td><td>-</td><td>*</td><td>1</td><td>3</td></tr><tr><td>1962-January</td><td>-</td><td>-</td><td>7</td><td>-</td><td>*</td><td>1</td><td>8</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.
14
Treasury Bulletin
TRUST ACCOUNT AND OTHER TRANSACTIONS
Table 7.- Federal Old-Age and Survivors Insurance Trust Fund
(In millions of dollars)
<table><tr><th>Fiscal year or month</th><th colspan="5">Receipts</th><th colspan="3">Expenditures other than investments</th></tr><tr><th></th><th>Total 2/</th><th>Appropriations 3/</th><th>Deposits by States 4/</th><th>Net earnings on investments</th><th>Payments from Railroad Retirement Account 5/</th><th>Total</th><th>Benefit payments</th><th>Refunds of taxes 6/</th></tr><tr><td>1937-52</td><td>24,000.1</td><td>21,819.9</td><td>26.6</td><td>2,138.2</td><td>-</td><td>7,400.1</td><td>6,856.0</td><td>-</td></tr><tr><td>1953</td><td>4,516.3</td><td>4,086.3</td><td>43.3</td><td>386.6</td><td>-</td><td>2,750.0</td><td>2,627.5</td><td>33.0</td></tr><tr><td>1954</td><td>5,080.3</td><td>4,537.3</td><td>92.4</td><td>438.9</td><td>11.6</td><td>3,404.8</td><td>3,275.6</td><td>40.5</td></tr><tr><td>1955</td><td>5,585.8</td><td>5,039.6</td><td>98.6</td><td>438.0</td><td>9.6</td><td>4,487.5</td><td>4,333.1</td><td>51.0</td></tr><tr><td>1956</td><td>7,003.4</td><td>6,336.8</td><td>171.6</td><td>487.5</td><td>7.4</td><td>5,551.3</td><td>5,360.8</td><td>66.0</td></tr><tr><td>1957</td><td>7,158.8</td><td>6,301.2</td><td>296.8</td><td>555.3</td><td>5.2</td><td>6,723.0</td><td>6,514.6</td><td>58.2</td></tr><tr><td>1958</td><td>7,899.9</td><td>6,870.4</td><td>472.1</td><td>555.4</td><td>1.6</td><td>8,116.2</td><td>7,874.9</td><td>75.5</td></tr><tr><td>1959</td><td>8,182.3</td><td>7,157.7</td><td>481.1</td><td>543.0</td><td>-</td><td>9,453.5</td><td>9,049.1</td><td>73.7</td></tr><tr><td>1960</td><td>10,439.4</td><td>9,271.9</td><td>650.3</td><td>516.4</td><td>-</td><td>11,152.1</td><td>10,269.7</td><td>79.4</td></tr><tr><td>1961</td><td>11,823.9 7/</td><td>10,537.2 2/</td><td>755.4</td><td>530.2</td><td>-</td><td>11,752.3 7/</td><td>11,184.5</td><td>2/</td></tr><tr><td>1962 (Est.)</td><td>12,143.1</td><td>10,863.0</td><td>757.0</td><td>520.8</td><td>-</td><td>13,218.9</td><td>12,625.0</td><td>-</td></tr><tr><td>1963 (Est.)</td><td>14,120.1 8/</td><td>12,669.0</td><td>837.0</td><td>533.7</td><td>-</td><td>14,170.5</td><td>13,538.0</td><td>-</td></tr><tr><td>1961-January</td><td>289.7</td><td>282.0</td><td>5.4</td><td>2.4</td><td>-</td><td>947.2</td><td>920.7</td><td>-</td></tr><tr><td>February</td><td>1,402.3</td><td>1,241.4</td><td>144.6</td><td>16.4</td><td>-</td><td>963.1</td><td>940.9</td><td>-</td></
<table><tr><th rowspan="2">Fiscal year or month</th><th colspan="5">Expenditures, etc. - (Continued)</th><th rowspan="2">Net increase, or decrease (-), in assets</th><th colspan="3">Assets, end of period</th></tr><tr><th>Payments to Railroad Retirement Account 5/</th><th>Construction 10/</th><th>Reimbursement to general fund 11/</th><th>Bureau of OASI 12/</th><th>Reimbursement (-) from Fed. Dis. Insurance Trust Fund 13/</th><th>Total</th><th>Investments</th><th>Unexpended balance</th></tr><tr><td>1937-52.</td><td>-</td><td>-</td><td>291.1</td><td>252.9</td><td>-</td><td>16,600.0</td><td>16,600.0</td><td>16,273.1</td><td>327.1</td></tr><tr><td>1953</td><td>-</td><td>-</td><td>24.4</td><td>65.1</td><td>-</td><td>1,766.3</td><td>18,366.4</td><td>17,817.6</td><td>548.8</td></tr><tr><td>1954</td><td>-</td><td>*</td><td>26.0</td><td>62.7</td><td>-</td><td>1,675.5</td><td>20,042.6 2/</td><td>19,339.9</td><td>702.8</td></tr><tr><td>1955</td><td>-</td><td>.1</td><td>27.1</td><td>76.0</td><td>-</td><td>1,098.4</td><td>21,141.0</td><td>20,580.5</td><td>560.5</td></tr><tr><td>1956</td><td>-</td><td>.1</td><td>30.7</td><td>93.7</td><td>-</td><td>1,452.1</td><td>22,593.1</td><td>22,043.0</td><td>550.1</td></tr><tr><td>1957</td><td>-</td><td>.3</td><td>30.9</td><td>119.0</td><td>-</td><td>435.8</td><td>23,028.9</td><td>22,263.3</td><td>765.6</td></tr><tr><td>1958</td><td>-</td><td>1.6</td><td>34.5</td><td>138.9</td><td>-9.1</td><td>-216.7</td><td>22,812.6</td><td>21,764.2</td><td>1,048.4</td></tr><tr><td>1959</td><td>124.4</td><td>11.6</td><td>39.0</td><td>173.2</td><td>-17.5</td><td>-1,271.2</td><td>21,541.4</td><td>20,474.4</td><td>1,067.0</td></tr><tr><td>1960</td><td>600.4</td><td>12.5</td><td>39.4</td><td>179.3</td><td>-28.8</td><td>-712.7</td><td>20,828.7</td><td>19,748.8</td><td>1,079.9</td></tr><tr><td>1961</td><td>331.7</td><td>1.8</td><td>43.8</td><td>223.6</td><td>-33.2</td><td>-71.6</td><td>20,900.3</td><td>19,523.5</td><td>1,376.8</td></tr><tr><td>1962 (Est.)</td><td>340.0</td><td>4.1</td><td>46.1</td><td>204.0</td><td>-60.3</td><td>-1,075.8</td><td>19,824.5</td><td>18,628.3</td><td>1,196.2</td></tr><tr><td>1963 (Est.)</td><td>375.0</td><td>1.9</td><td>47.2</td><td>269.7</td><td>-61.3</td><td>-50.4</td><td>19,774.1</td><td>18,696.5</td><td>1,077.6</td></tr><tr><td>1961-January</td><td>-</td><td>.1</td><td>3.5</td><td>22.9</td><td>-</td><td>-657.5</td><td>19,667.0</td><td>18,688.6</td><td>978.4</td></tr><tr><td>February</td><td>-</td><td>.1</td><td>3.5</td><td>18.6</td><td>-</td><td>439.2</td><td>20,106.2</td><td>18,585.0</td><td>1,521.2</td></tr><tr><td>March</td><td>-</td><td>.1</td><td>3.5</td><td>22.0</td><td>-</td><td>202.8</td><td>20,309.0</td><td>19,242.9</td><td>1,066.1</td></tr><tr><td>April</td><td>-</td><td>.1</td><td>3.4</td><td>19.1</td><td>-</td><td>-315.9</td><td>19,993.1</td><td>18,919.8</td><td>1,073.3</td></tr><tr><td>May</td><td>-</td><td>.1</td><td>3.8</td><td>19.0</td><td>-</td><td>977.3</td><td>20,970.4</td><td>19,757.4</td><td>1,213.0</td></tr><tr><td>June</td><td>331.7</td><td>.3</td><td>3.4</td><td>22.2</td><td>-</td><td>-70.0</td><td>20,900.3</td><td>19,523.5</td><td>1,376.8</td></tr><tr><td>July</td><td>-</td><td>*</td><td>3.6</td><td>17.5</td><td>-</td><td>-708.5</td><td>20,191.9r</td><td>18,987.2</td><td>1,204.7</td></tr><tr><td>August</td><td>-</td><td>.3</td><td>3.6</td><td>25.2</td><td>-</td><td>789.0</td><td>20,980.8</td><td>19,761.4</td><td>1,219.5</td></tr><tr><td>September</td><td>-</td><td>.3</td><td>3.6</td><td>22.8</td><td>-</td><td>-274.3</td><td>20,706.5</td><td>19,408.1</td><td>1,298.4</td></tr><tr><td>October</td><td>-</td><td>.4</td><td>6.3</td><td>19.8</td><td>-</td><td>-810.5</td><td>19,896.0</td><td>18,741.5</td><td>1,154.5</td></tr><tr><td>November</td><td>-</td><td>.2</td><td>3.6</td><td>20.2</td><td>-</td><td>213.0</td><td>20,109.0</td><td>18,773.5</td><td>1,335.6</td></tr><tr><td>December</td><td>-</td><td>.4</td><td>3.6</td><td>22.4</td><td>-60.3</td><td>-383.7</td><td>19,725.3</td><td>18,404.3</td><td>1,321.0</td></tr><tr><td>1937 to date 2/</td><td>1,056.6</td><td>29.6</td><td>610.8</td><td>1,512.6</td><td>-148.9</td><td>19,725.3</td><td>19,725.3</td><td>18,404.3</td><td>1,321.0</td></tr></table>
Source: See Table 1.
1/ Includes transactions under the predecessor Old-Age Reserve Account.
2/ Total includes: $15.4 million transferred from general fund for administrative and other costs of benefits payable to survivors of certain World War II veterans (60 Stat. 979 and 64 Stat. 512); beginning November 1951, small amounts in the nature of recoveries from expenditures incidental to the operations; and beginning 1958, interest payments from Federal Disability Insurance Trust Fund, and sale of waste paper.
1/ For basis, see "Budget Receipts and Expenditures," Table 1, footnote 8.
4/ To cover employees of States and their political subdivisions, under the Social Security Act Amendments of 1950 (42 U.S.C. 418).
2/ See Table 9.
5/ Reimbursement to the general fund pursuant to the Social Security Act Amendments of 1950 and 1956 (42 U.S.C. 401 (g) (2)).
7/ Beginning fiscal 1961, refunds of taxes are reported as deductions from receipts.
8/ Includes reimbursement of $78.0 million from the general fund, non-contributory military service credits.
9/ Includes adjustments to monthly statement basis.
10/ Construction and equipment of office buildings for the Bureau (Public Law 170, approved July 31, 1953 – 67 Stat. 254).
11/ Under the Social Security Act, as amended (42 U.S.C. 401 (g) (1)), for administration of Titles II and VIII of that act and related parts of the Internal Revenue Code (26 U.S.C. 480-482, 1400-1432). See also footnote 12.
12/ Salaries and expenses of the Bureau of Old-Age and Survivors Insurance are paid directly from the trust fund beginning 1947, under provisions of annual appropriation acts until passage of the Social Security Act Amendments of 1956 (42 U.S.C. 401 (g) (1)); previously these expenses were included in reimbursements to the general fund.
13/ See Table 8. This reimbursement is treated as a reduction in administrative expenses paid from the Federal Old-Age and Survivors Insurance Trust Fund. Figures exclude interest (see Footnote 2).
* Less than $50,000. r Revised.
February 1962
15
TRUST ACCOUNT AND OTHER TRANSACTIONS
Table 8.- Federal Disability Insurance Trust Fund
(In millions of dollars)
<table><tr><th rowspan="2">Fiscal year or month</th><th colspan="5">Receipts</th><th colspan="5">Expenditures other than investments</th><th rowspan="2">Net increase, or decrease (-), in assets</th><th colspan="3">Assets, end of period</th></tr><tr><th>Total</th><th>Appropriations 1/</th><th>Deposits by States 2/</th><th>Payments from Railroad Retirement Account 3/</th><th>Interest on investments</th><th>Total</th><th>Benefit payments</th><th>Refunds of taxes 4/</th><th>Payments to Railroad Retirement Account 3/</th><th>Administrative: Reimbursement to FOASI Trust Fund 5/</th><th>General fund 6/</th><th>Total</th><th>Investments</th><th>Unexpended balance 7/</th></tr><tr><td>1957</td><td>338.6</td><td>333.3</td><td>3.9</td><td>-</td><td>1.4</td><td>1.3</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1.3</td><td>337.3</td><td>337.3</td><td>325.4</td><td>11.9</td></tr><tr><td>1958</td><td>942.5</td><td>862.9</td><td>63.5</td><td>-</td><td>16.1</td><td>180.8</td><td>168.4</td><td>-</td><td>-</td><td>9.4</td><td>3.0</td><td>761.7</td><td>1,099.0</td><td>1,054.5</td><td>44.5</td></tr><tr><td>1959</td><td>938.5</td><td>846.7</td><td>58.1</td><td>-</td><td>33.7</td><td>370.8</td><td>339.2</td><td>9.8</td><td>-</td><td>18.0</td><td>2.9</td><td>567.6</td><td>1,666.6</td><td>1,606.9</td><td>59.7</td></tr><tr><td>1960</td><td>1,071.3</td><td>938.7</td><td>58.1</td><td>26.8</td><td>47.6</td><td>570.7</td><td>528.3</td><td>9.8</td><td>-</td><td>29.5</td><td>3.1</td><td>500.6</td><td>2,167.2</td><td>2,100.9</td><td>66.4</td></tr><tr><td>1961</td><td>1,083.5</td><td>953.3</td><td>68.7</td><td>-</td><td>61.5</td><td>746.3</td><td>704.0</td><td>8/</td><td>5.1</td><td>3.1</td><td>3.1</td><td>337.2</td><td>2,504.4</td><td>2,385.6</td><td>118.8</td></tr><tr><td>1962 (Est.)</td><td>1,106.0</td><td>967.0</td><td>69.0</td><td>-</td><td>70.0</td><td>1,065.9</td><td>990.0</td><td>-</td><td>10.0</td><td>62.5</td><td>3.4</td><td>40.1</td><td>2,544.5</td><td>2,424.4</td><td>120.1</td></tr><tr><td>1963 (Est.)</td><td>1,164.6</td><td>1,019.0</td><td>70.0</td><td>-</td><td>75.0</td><td>1,150.3</td><td>1,073.0</td><td>-</td><td>10.0</td><td>63.6</td><td>3.6</td><td>14.3</td><td>2,558.8</td><td>2,452.7</td><td>106.0</td></tr><tr><td>1961-January</td><td>21.9</td><td>21.6</td><td>.1</td><td>-</td><td>.2</td><td>61.6</td><td>61.4</td><td>-</td><td>-</td><td>-</td><td>.3</td><td>-39.7</td><td>2,249.1</td><td>2,164.1</td><td>85.0</td></tr><tr><td>February</td><td>125.1</td><td>110.6</td><td>13.3</td><td>-</td><td>1.2</td><td>62.9</td><td>62.6</td><td>-</td><td>-</td><td>-</td><td>.3</td><td>62.3</td><td>2,311.4</td><td>2,178.7</td><td>132.7</td></tr><tr><td>March</td><td>112.8</td><td>112.2</td><td>.4</td><td>-</td><td>.2</td><td>68.4</td><td>68.2</td><td>-</td><td>-</td><td>-</td><td>.3</td><td>44.4</td><td>2,355.7</td><td>2,269.9</td><td>85.8</td></tr><tr><td>April</td><td>62.9</td><td>62.3</td><td>.2</td><td>-</td><td>.5</td><td>70.9</td><td>70.6</td><td>-</td><td>-</td><td>-</td><td>.3</td><td>-7.9</td><td>2,347.8</td><td>2,264.6</td><td>83.2</td></tr><tr><td>May</td><td>173.3</td><td>156.4</td><td>16.0</td><td>-</td><td>.8</td><td>73.3</td><td>73.0</td><td>-</td><td>-</td><td>-</td><td>.3</td><td>100.0</td><td>2,447.8</td><td>2,337.4</td><td>110.4</td></tr><tr><td>June</td><td>135.7</td><td>101.8</td><td>4.6</td><td>-</td><td>29.3</td><td>79.1</td><td>73.7</td><td>-</td><td>5.1</td><td>-</td><td>.3</td><td>56.6</td><td>2,504.4</td><td>2,385.6</td><td>118.8</td></tr><tr><td>July</td><td>24.8</td><td>24.6</td><td>-</td><td>-</td><td>.2</td><td>76.9</td><td>76.6</td><td>-</td><td>-</td><td>-</td><td>.3</td><td>-52.1</td><td>2,452.3</td><td>2,363.9</td><td>88.4</td></tr><tr><td>August</td><td>164.6</td><td>147.0</td><td>16.5</td><td>-</td><td>1.1</td><td>78.4</td><td>78.1</td><td>-</td><td>-</td><td>-</td><td>.3</td><td>86.3</td><td>2,538.5</td><td>2,436.2</td><td>102.4</td></tr><tr><td>September</td><td>73.4</td><td>68.5</td><td>4.2</td><td>-</td><td>.7</td><td>79.0</td><td>78.8</td><td>-</td><td>-</td><td>-</td><td>.3</td><td>-5.6</td><td>2,532.9</td><td>2,425.0</td><td>107.9</td></tr><tr><td>October</td><td>28.0</td><td>27.1</td><td>*</td><td>-</td><td>.8</td><td>83.8</td><td>83.5</td><td>-</td><td>-</td><td>-</td><td>.3</td><td>-55.8</td><td>2,477.1</td><td>2,394.0</td><td>83.1</td></tr><tr><td>November</td><td>109.8</td><td>95.4</td><td>13.0</td><td>-</td><td>1.4</td><td>82.3</td><td>82.0</td><td>-</td><td>-</td><td>-</td><td>.3</td><td>27.5</td><td>2,504.6</td><td>2,402.0</td><td>102.6</td></tr><tr><td>December</td><td>73.7</td><td>39.6</td><td>2.6</td><td>-</td><td>31.6</td><td>141.6</td><td>78.8</td><td>-</td><td>-</td><td>62.5</td><td>.3</td><td>-67.9</td><td>2,436.6</td><td>2,324.0</td><td>112.6</td></tr><tr><td>1957 to date</td><td>4,848.6</td><td>4,337.0</td><td>288.7</td><td>26.8</td><td>196.0</td><td>2,412.0</td><td>2,217.7</td><td>19.5</td><td>5.1</td><td>153.4</td><td>16.3</td><td>2,436.6</td><td>2,436.6</td><td>2,324.0</td><td>112.6</td></tr></table>
Source: See Table 1. 
1/ For basis, see "Budget Receipts and Expenditures," Table 1, footnote 9. 
2/ To cover employees of States and their political subdivisions under the Social Security Act (42 U.S.C. 418). 
3/ See Table 9. 
4/ Reimbursement to general fund (42 U.S.C. 401 (g) (2)). 
5/ For appropriate share of administrative expenses paid from the trust fund during the preceding fiscal year, as determined by the Secretary of Health, Education, and Welfare (42 U.S.C. 401 (g) (1)). 
Payments include interest. 
6/ For amounts paid from the general fund (42 U.S.C. 401 (g) (1)). 
7/ Includes unappropriated receipts. 
8/ See Table 7, footnote 7. 
2/ Includes $6 million for reimbursement from general fund, noncontributory military service credits. 
* Less than $50,000.
Table 9.- Railroad Retirement Account
(In millions of dollars)
<table><tr><th>Fiscal year or month</th><th colspan="5">Receipts</th><th colspan="5">Expenditures other than investments</th><th>Net increase, or decrease (-), in assets</th><th colspan="3">Assets, end of period</th></tr><tr><th></th><th>Total</th><th>Appropriations 1/</th><th>Interest on investments</th><th>From FOASI and Fed. Dis. Ins. Tr.Fds. 2/</th><th>From Unempl. Trust Fund 3/</th><th>Total</th><th>Benefit payments</th><th>To FOASI and Fed. Dis. Ins. Tr.Fds. 2/</th><th>To Unempl. Trust Fund 3/</th><th>Administrative expenses 4/</th><th></th><th>Total</th><th>Investments</th><th>Unexpended balance 5/</th></tr><tr><td>1936-52......</td><td>5,717.2</td><td>5,329.6</td><td>387.6</td><td>-</td><td>-</td><td>2,794.3</td><td>2,778.8</td><td>-</td><td>-</td><td>15.5</td><td>2,922.9</td><td>2,922.9</td><td>2,863.1</td><td>59.8</td></tr><tr><td>1953.........</td><td>742.3</td><td>653.0</td><td>89.3</td><td>-</td><td>-</td><td>465.1</td><td>458.9</td><td>-</td><td>-</td><td>6.1</td><td>277.2</td><td>3,201.9</td><td>3,142.8</td><td>59.1</td></tr><tr><td>1954.........</td><td>717.9</td><td>619.2</td><td>98.7</td><td>-</td><td>-</td><td>502.0</td><td>484.6</td><td>11.6</td><td>-</td><td>5.8</td><td>215.9</td><td>3,417.8</td><td>3,345.3</td><td>72.5</td></tr><tr><td>1955.........</td><td>699.9</td><td>598.9</td><td>101.0</td><td>-</td><td>-</td><td>585.1</td><td>569.3</td><td>9.6</td><td>-</td><td>6.3</td><td>114.8</td><td>3,532.5</td><td>3,485.9</td><td>46.6</td></tr><tr><td>1956 8/......</td><td>739.3</td><td>634.3</td><td>105.0</td><td>-</td><td>-</td><td>610.6</td><td>596.4</td><td>7.4</td><td>-</td><td>6.8</td><td>128.6</td><td>3,661.2</td><td>3,606.5</td><td>54.7</td></tr><tr><td>1957.........</td><td>722.6</td><td>615.9</td><td>106.7</td><td>-</td><td>-</td><td>682.0</td><td>669.7</td><td>5.2</td><td>-</td><td>7.1</td><td>40.5</td><td>3,701.7</td><td>3,642.1</td><td>59.7</td></tr><tr><td>1958.........</td><td>695.2</td><td>574.9</td><td>120.3</td><td>-</td><td>-</td><td>729.7</td><td>719.5</td><td>1.6</td><td>-</td><td>8.6</td><td>-34.6</td><td>3,667.1</td><td>3,609.0</td><td>58.2</td></tr><tr><td>1959.........</td><td>958.3</td><td>525.2</td><td>108.6</td><td>124.4</td><td>-</td><td>777.6</td><td>768.2</td><td>-</td><td>-</td><td>9.4</td><td>-19.3</td><td>3,647.8</td><td>3,573.6</td><td>74.2</td></tr><tr><td>1960.........</td><td>1,403.4</td><td>606.9</td><td>110.0</td><td>600.4</td><td>86.1</td><td>1,136.0</td><td>916.4</td><td>26.8</td><td>183.7</td><td>9.0</td><td>267.4</td><td>3,915.3</td><td>3,837.8</td><td>77.5</td></tr><tr><td>1961.........</td><td>1,050.7</td><td>570.7</td><td>110.9</td><td>336.9</td><td>32.2</td><td>1,124.1</td><td>981.8</td><td>-</td><td>132.3</td><td>9.9</td><td>-73.4</td><td>3,841.9</td><td>3,759.5</td><td>82.4</td></tr><tr><td>1962 (Est.)...</td><td>1,109.5</td><td>597.0</td><td>120.0</td><td>350.0</td><td>42.5</td><td>1,125.7</td><td>1,050.0</td><td>-</td><td>66.0</td><td>9.7</td><td>-16.2</td><td>3,826.8</td><td>3,738.0</td><td>88.8</td></tr><tr><td>1963 (Est.)...</td><td>1,188.510/</td><td>624.0</td><td>120.0</td><td>385.0</td><td>43.5</td><td>1,144.2</td><td>1,079.6</td><td>-</td><td>55.0</td><td>9.6</td><td>44.3</td><td>3,871.1</td><td>3,757.0</td><td>114.1</td></tr><tr><td>1961-January...</td><td>14.6</td><td>12.8</td><td>1.7</td><td>-</td><td>-</td><td>100.4</td><td>82.1</td><td>-</td><td>17.4</td><td>9.7</td><td>-85.8</td><td>3,598.5</td><td>3,510.2</td><td>88.3</td></tr><tr><td>February......</td><td>80.8</td><td>77.1</td><td>3.6</td><td>-</td><td>-</td><td>103.4</td><td>82.3</td><td>-</td><td>20.4</td><td>.7</td><td>-22.6</td><td>3,575.8</td><td>3,481.2</td><td>94.7</td></tr><tr><td>March.........</td><td>49.9</td><td>48.0</td><td>2.0</td><td>-</td><td>-</td><td>87.2</td><td>82.8</td><td>-</td><td>3.5</td><td>.9</td><td>-37.2</td><td>3,538.6</td><td>3,455.0</td><td>83.6</td></tr><tr><td>April.........</td><td>17.3</td><td>14.2</td><td>3.1</td><td>-</td><td>-</td><td>93.5</td><td>83.3</td><td>-</td><td>9.6</td><td>.7</td><td>-76.3</td><td>3,462.4</td><td>3,368.7</td><td>93.7</td></tr><tr><td>May...........</td><td>82.1</td><td>77.3</td><td>4.9</td><td>-</td><td>-</td><td>97.2</td><td>83.2</td><td>-</td><td>13.3</td><td>.7</td><td>-15.1</td><td>3,447.3</td><td>3,354.7</td><td>92.6</td></tr><tr><td>June...........</td><td>479.5</td><td>44.5</td><td>85.3</td><td>336.9</td><td>12.7</td><td>84.9</td><td>83.6</td><td>-</td><td>-</td><td>1.3</td><td>394.6</td><td>3,841.9</td><td>3,759.5</td><td>82.4</td></tr><tr><td>July...........</td><td>14.5</td><td>14.3</td><td>.2</td><td>-</td><td>-</td><td>94.0</td><td>82.9</td><td>-</td><td>10.6</td><td>.6</td><td>-79.5</td><td>3,762.3r</td><td>3,673.7</td><td>88.7r</td></tr><tr><td>August.........</td><td>86.3</td><td>84.2</td><td>2.1</td><td>-</td><td>-</td><td>103.0</td><td>83.2</td><td>-</td><td>19.0</td><td>.8</td><td>-16.7</td><td>3,745.6r</td><td>3,654.2</td><td>91.4r</td></tr><tr><td>September.....</td><td>69.9</td><td>55.3</td><td>.7</td><td>-</td><td>13.9</td><td>85.0</td><td>84.3</td><td>-</td><td>-</td><td>.7</td><td>-15.1</td><td>3,730.5r</td><td>3,631.3</td><td>99.2r</td></tr><tr><td>October........</td><td>3.2</td><td>1.3</td><td>1.9</td><td>-</td><td>-</td><td>103.1</td><td>84.6</td><td>-</td><td>17.7</td><td>.8</td><td>-99.9</td><td>3,630.6</td><td>3,541.8</td><td>88.8</td></tr><tr><td>November......</td><td>80.1</td><td>75.9</td><td>4.3</td><td>-</td><td>-</td><td>101.5</td><td>84.3</td><td>-</td><td>16.6</td><td>.7</td><td>-21.4</td><td>3,609.2</td><td>3,520.3</td><td>88.9</td></tr><tr><td>December......</td><td>48.4</td><td>46.7</td><td>1.7</td><td>-</td><td>-</td><td>85.6</td><td>84.6</td><td>-</td><td>-</td><td>1.0</td><td>-37.2</td><td>3,572.0</td><td>3,472.8</td><td>99.2</td></tr><tr><td>1936 to date 6/..</td><td>13,550.9</td><td>11,008.0</td><td>1,348.8</td><td>1,061.8</td><td>132.3</td><td>9,978.9</td><td>9,447.7</td><td>62.2</td><td>380.0</td><td>89.1</td><td>3,572.0</td><td>3,572.0</td><td>3,472.8</td><td>99.2</td></tr></table>
Source: See Table 1.
1/ Includes the Government's contribution for creditable military service (45 U.S.C. 228c - 1 (n)) until payment was completed in 1954. Beginning 1952, appropriations of receipts are equal to the amount of taxes deposited in the Treasury (less refunds) under the Railroad Retirement Tax Act, and transfers are made currently subject to later adjustments (see "Budget Receipts and Expenditures," Table 1). Beginning 1954, includes unappropriated transfer of tax receipts.
2/ Payments are made between the Railroad Retirement Account and the Federal Old-Age and Survivors and the 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 in social security coverage (45 U.S.C. 228e (k)). See Tables 7 and 8.
2/ See Table 10. Receipts include repayment and interest.
4/ Paid from the trust fund beginning 1950 (63 Stat. 297).
5/ Includes unappropriated receipts beginning fiscal year 1954.
6/ Includes adjustments to monthly statement basis.
7/ Appropriations reduced by $18.7 million in August 1953 and this amount transferred to surplus (67 Stat. 245).
8/ Includes adjustment due to reporting change to a collection basis.
9/ Under procedure beginning fiscal 1961, amounts for interest on refunds of taxes, formerly included under budget expenditures, are now treated as transfers of budget receipts to trust account receipts and are included as trust account expenditures.
10/ Includes $16 million proposed legislation, military service credits. Revised.
16
Treasury Bulletin
TRUST ACCOUNT AND OTHER TRANSACTIONS
Table 10.- Unemployment Trust Fund
(In millions of dollars)
<table><tr><th rowspan="2">Fiscal year or month</th><th rowspan="2">Total</th><th colspan="4">Employment security program</th><th colspan="5">Railroad unemployment insurance</th><th rowspan="2">Interest and profits on investments</th><th colspan="3">Expenditures other than investments</th></tr><tr><th>State accounts 1/</th><th>Employment Security Admin. Account 2/</th><th>Federal Unemployment Account 3/</th><th>Federal Extended Compensation Account 5/</th><th>Deposits by R. R. Retirement Board 7/</th><th>R. R. Retirement Account 8/</th><th>General fund 9/</th><th>Transfers from administration fund 9/</th><th>Admin. fund 10/</th><th>State accounts 1/</th><th>Employment Security Admin. Account 2/</th><th>Employment security program</th></tr><tr><td>1936</td><td>19,220.4 11</td><td>16,447.3</td><td>-</td><td>-</td><td>-</td><td>147.4</td><td>-</td><td>-</td><td>85.4</td><td>-</td><td>1,551.1</td><td>10,755.9 11/</td><td>9,920.9</td><td>9,920.9</td></tr><tr><td>1936</td><td>1,510.1</td><td>1,471.1</td><td>-</td><td>-</td><td>-</td><td>15.0</td><td>-</td><td>-</td><td>4.0</td><td>-</td><td>202.8</td><td>1,009.8</td><td>912.6</td><td>912.6</td></tr><tr><td>1936</td><td>1,444.1</td><td>246.1</td><td>-</td><td>-</td><td>-</td><td>17.9</td><td>-</td><td>-</td><td>4.6</td><td>-</td><td>244.4</td><td>1,744.1</td><td>1,604.8</td><td>1,604.8</td></tr><tr><td>1936</td><td>1,728.1</td><td>1,311.1</td><td>-</td><td>-</td><td>167.8</td><td>14.1</td><td>-</td><td>-</td><td>1.0</td><td>-</td><td>193.9</td><td>1,392.6</td><td>1,287.0</td><td>1,287.0</td></tr><tr><td>1937</td><td>1,911.1</td><td>1,541.1</td><td>-</td><td>-</td><td>71.2</td><td>71.1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>224.8</td><td>1,643.9</td><td>1,510.7</td><td>1,510.7</td></tr><tr><td>1937</td><td>1,815.1</td><td>1,430.1</td><td>-</td><td>-</td><td>33.6</td><td>90.4</td><td>-</td><td>-</td><td>-</td><td>-</td><td>230.3</td><td>3,149.0</td><td>2,926.4</td><td>2,926.4</td></tr><tr><td>1937</td><td>1,907.1</td><td>1,716.1</td><td>-</td><td>-</td><td>2.0</td><td>1.0</td><td>-</td><td>-</td><td>-</td><td>-</td><td>186.9</td><td>3,057.9</td><td>2,796.9</td><td>2,796.9</td></tr><tr><td>1937</td><td>1,792.1</td><td>1,716.1</td><td>-</td><td>-</td><td>2.0</td><td>1.0</td><td>-</td><td>-</td><td>-</td><td>-</td><td>188.1</td><td>2,736.1</td><td>2,366.3</td><td>2,366.3</td></tr><tr><td>1961</td><td>3,803.3 13/</td><td>2,398.1</td><td>344.4 13/51.5</td><td>498.1</td><td>157.7</td><td>132.3</td><td>13.0</td><td>-</td><td>3.6</td><td>204.5</td><td>4,733.7 12/</td><td>3,552.0</td><td>375.0</td></tr><tr><td>1962 (Est.)</td><td>3,581.2</td><td>2,400.0</td><td>473.0</td><td>341.9</td><td>15.0</td><td>66.0</td><td>17.4</td><td>-</td><td>8.6</td><td>172.0</td><td>3,840.7 13/</td><td>2,809.0</td><td>400.5</td></tr><tr><td>1961 (Est.)</td><td>4,150.5 14/</td><td>2,600.0</td><td>473.1</td><td>8.9</td><td>161.1</td><td>17.0</td><td>-</td><td>-</td><td>8.6</td><td>137.0</td><td>3,893.9 15/</td><td>2,600.0</td><td>409.9</td></tr><tr><td>1961-Jan.</td><td>16.0</td><td>74.2</td><td>31.1</td><td>-</td><td>1.4</td><td>17.4</td><td>-</td><td>-</td><td>1.4</td><td>1.5</td><td>447.3</td><td>417.4</td><td>-</td></tr><tr><td>Feb.</td><td>544.1</td><td>220.1</td><td>288.9</td><td>-</td><td>1.4</td><td>30.4</td><td>-</td><td>-</td><td>1.2</td><td>1.9</td><td>426.1</td><td>399.8</td><td>-</td></tr><tr><td>Mar.</td><td>70.1</td><td>22.2</td><td>14.4</td><td>-</td><td>1.1</td><td>7.5</td><td>8.1</td><td>-</td><td>1.2</td><td>2.5</td><td>504.1</td><td>475.2</td><td>-</td></tr><tr><td>Apr.</td><td>289.4</td><td>151.1</td><td>1.8</td><td>120.0</td><td>1.3</td><td>7.4</td><td>8.1</td><td>-</td><td>1.1</td><td>15.1</td><td>770.1</td><td>340.3</td><td>287.1</td></tr><tr><td>May.</td><td>867.1</td><td>71.2</td><td>1.1</td><td>110.0</td><td>4.2</td><td>14.4</td><td>7.0</td><td>-</td><td>1.7</td><td>4.1</td><td>535.0</td><td>359.7</td><td>49.3</td></tr><tr><td>June.</td><td>474.1</td><td>44.1</td><td>1.8</td><td>268.1</td><td>30.6</td><td>-</td><td>7.0</td><td>-</td><td>1.7</td><td>73.0</td><td>584.3</td><td>236.3</td><td>38.5</td></tr><tr><td>July.</td><td>1,677</td><td>157.1</td><td>1.7</td><td>30.6</td><td>1.7</td><td>10.6</td><td>7.0</td><td>-</td><td>1.4</td><td>1.1</td><td>249.2</td><td>197.8</td><td>33.7</td></tr><tr><td>Aug.</td><td>682.5</td><td>589.8</td><td>1.6</td><td>29.8</td><td>10.3</td><td>19.0</td><td>7.0</td><td>-</td><td>1.4</td><td>2.0</td><td>315.3</td><td>237.4</td><td>30.0</td></tr><tr><td>Sept.</td><td>77.1</td><td>19.7</td><td>1.4</td><td>44.1</td><td>1.4</td><td>17.7</td><td>-</td><td>-</td><td>1.4</td><td>1.5</td><td>331.1</td><td>236.7</td><td>32.4</td></tr><tr><td>Oct.</td><td>184.2</td><td>19.3</td><td>1.6</td><td>55.0</td><td>1.6</td><td>17.7</td><td>-</td><td>-</td><td>1.1</td><td>11.7</td><td>266.9</td><td>185.6</td><td>30.0</td></tr><tr><td>Nov.</td><td>500.1</td><td>367.2</td><td>1.6</td><td>40.0</td><td>2.6</td><td>16.0</td><td>-</td><td>-</td><td>1.5</td><td>3.8</td><td>271.8</td><td>188.2</td><td>28.1</td></tr><tr><td>Dec.</td><td>204.1</td><td>31.0</td><td>1.3</td><td>40.1</td><td>27.7</td><td>-</td><td>-</td><td>-</td><td>1.6</td><td>68.5</td><td>318.7</td><td>217.3</td><td>36.3</td></tr><tr><td>1936 to date 17/</td><td>39,584.1</td><td>3,114.1</td><td>347.1</td><td>694.3</td><td>698.1</td><td>1,634.1</td><td>380.1</td><td>20.0</td><td>102.9</td><td>29.5</td><td>2,601.1</td><td>33,730.6</td><td>29,912.4</td><td>565.5</td></tr></table>
<table><tr><th rowspan="3">Fiscal year or month</th><th colspan="6">Employment security program - (Continued)</th><th colspan="4">Railroad unemployment insurance</th><th rowspan="3">Net increase, or decrease (-), in assets</th><th colspan="3">Assets, end of period</th></tr><tr><th colspan="4">Employment Security Admin. Account - (Continued)</th><th rowspan="2">Federal Extended Compensation Account 2/</th><th colspan="3">Railroad Unemployment Insurance Account 9/</th><th rowspan="2">Admin. fund 10/ Administrative expenses</th><th rowspan="2">Total</th><th rowspan="2">Investments</th><th rowspan="2">Unexpended balance</th></tr><tr><th>Payments to general fund</th><th>Leiburs- ment for admin. expenses</th><th>Interest on Refunds of taxes</th><th>Salaries and Advances expenses</th><th>Temporary extended compensation payments</th><th>Reimburse- ment State accounts 1/</th><th>Benefit payments</th><th>Temporary extended benefit payments</th><th>Repayment of advances to R. H. retire- men't Account</th><th>Principal</th><th>Interest</th></tr><tr><td>1960</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>8,673.9</td><td>8,673.9</td><td>8,647.1</td><td>26.9</td></tr><tr><td>1961</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>97.3</td><td>-</td><td>-</td><td>-</td><td>-58.0</td><td>7,466.7</td><td>7,237.0</td><td>9.7</td></tr><tr><td>1962</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>140.5</td><td>-</td><td>-</td><td>-</td><td>-252.4</td><td>7,994.3</td><td>8,989.0</td><td>5.4</td></tr><tr><td>1963</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>105.7</td><td>-</td><td>-</td><td>-</td><td>-540.0</td><td>8,454.3</td><td>8,443.8</td><td>10.5</td></tr><tr><td>1964</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>133.1</td><td>-</td><td>-</td><td>-</td><td>-335.5</td><td>8,789.8</td><td>8,701.5</td><td>88.3</td></tr><tr><td>1965</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>221.1</td><td>-</td><td>-</td><td>-</td><td>-268.2</td><td>9,057.9</td><td>8,975.7</td><td>82.3</td></tr><tr><td>1966</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>247.7</td><td>-</td><td>-</td><td>-</td><td>-1,292.5</td><td>7,765.4</td><td>7,720.6</td><td>44.8</td></tr><tr><td>1967</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>275.0</td><td>-</td><td>-</td><td>-</td><td>-1,056.5</td><td>6,716.2</td><td>6,709.4</td><td>6.7</td></tr><tr><td>1968</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>251.7</td><td>10.0</td><td>85.2</td><td>1.9</td><td>-930.4</td><td>6,683.0</td><td>6,668.5</td><td>14.5</td></tr><tr><td>1969</td><td>1.1</td><td>1.1</td><td>2.9</td><td>7.7</td><td>481.2</td><td>0.1</td><td>251.7</td><td>10.0</td><td>31.2</td><td>1.0</td><td>9.7</td><td>5,752.6</td><td>5,716.5</td><td>36.0</td></tr><tr><td>1970 (Est.)</td><td>5.3</td><td>*</td><td>3.8</td><td>10.4</td><td>316.8</td><td>31.0</td><td>190.0</td><td>20.0</td><td>40.0</td><td>2.5</td><td>9.3</td><td>5,493.1</td><td>5,466.8</td><td>26.3</td></tr><tr><td>1971 (Est.)</td><td>5.3</td><td>*</td><td>3.0</td><td>13.0</td><td>-</td><td>-</td><td>165.0</td><td>-</td><td>40.0</td><td>3.5</td><td>9.1</td><td>5,749.8</td><td>5,717.4</td><td>32.3</td></tr><tr><td>1961-Jan.</td><td>1.5</td><td>*</td><td>*</td><td>*</td><td>-</td><td>-</td><td>27.9</td><td>-</td><td>-</td><td>-</td><td>6.6</td><td>6,323.5</td><td>6,249.6</td><td>74.0</td></tr><tr><td>Feb.</td><td>1.5</td><td>*</td><td>*</td><td>*</td><td>-</td><td>-</td><td>23.8</td><td>-</td><td>-</td><td>-</td><td>1.1</td><td>6,441.5</td><td>6,363.8</td><td>77.7</td></tr><tr><td>Mar.</td><td>1.5</td><td>*</td><td>*</td><td>*</td><td>-</td><td>-</td><td>26.8</td><td>-</td><td>-</td><td>-</td><td>1.6</td><td>6,013.5</td><td>5,989.3</td><td>24.1</td></tr><tr><td>Apr.</td><td>1.1</td><td>*</td><td>*</td><td>8.1</td><td>114.0</td><td>-</td><td>19.1</td><td>3.3</td><td>-</td><td>-</td><td>1.3</td><td>5,532.8</td><td>5,433.8</td><td>99.0</td></tr><tr><td>May.</td><td>1.1</td><td>*</td><td>*</td><td>-1.1</td><td>101.4</td><td>-</td><td>18.9</td><td>5.2</td><td>-</td><td>-</td><td>1.5</td><td>5,864.9</td><td>5,840.5</td><td>24.3</td></tr><tr><td>June.</td><td>1.1</td><td>*</td><td>2.9</td><td>1.7</td><td>265.0</td><td>6.1</td><td>16.6</td><td>4.6</td><td>12.2</td><td>1.6</td><td>1.7</td><td>5,752.6</td><td>5,716.5</td><td>36.0</td></tr><tr><td>July.</td><td>1.1</td><td>*</td><td>*</td><td>1.0</td><td>-</td><td>-</td><td>13.5</td><td>2.2</td><td>-</td><td>-</td><td>1.8</td><td>5,710.1r</td><td>5,589.0</td><td>121.0r</td></tr><tr><td>Aug.</td><td>1.1</td><td>*</td><td>*</td><td>1.9</td><td>15.4</td><td>8.3</td><td>21.4</td><td>6.6</td><td>-</td><td>-</td><td>1.2</td><td>6,077.3r</td><td>6,028.2</td><td>49.0r</td></tr><tr><td>Sept.</td><td>1.1</td><td>*</td><td>*</td><td>1.7</td><td>25.1</td><td>3.6</td><td>18.5</td><td>3.3</td><td>13.3</td><td>1.7</td><td>1.5</td><td>5,823.3r</td><td>5,819.8</td><td>3.5</td></tr><tr><td>Oct.</td><td>1.1</td><td>*</td><td>*</td><td>1.7</td><td>30.3</td><td>-</td><td>19.3</td><td>1.2</td><td>-</td><td>-</td><td>1.8</td><td>5,740.7</td><td>5,709.7</td><td>30.9</td></tr><tr><td>Nov.</td><td>1.1</td><td>*</td><td>*</td><td>1.0</td><td>41.7</td><td>3.1</td><td>18.3</td><td>1.3</td><td>-</td><td>-</td><td>1.0</td><td>5,969.7</td><td>5,929.7</td><td>40.0</td></tr><tr><td>Dec.</td><td>1.1</td><td>*</td><td>*</td><td>*</td><td>-</td><td>-</td><td>18.3</td><td>1.3</td><td>-</td><td>-</td><td>1.7</td><td>5,860.7</td><td>5,823.4</td><td>37.3</td></tr><tr><td>1961 36 t.</td><td>5.7</td><td>1.1</td><td>2.9</td><td>12.9</td><td>627.9</td><td>21.1</td><td>2,295.8</td><td>13.8</td><td>129.7</td><td>2.6</td><td>33.0</td><td>5,853.4</td><td>5,860.7</td><td>37.3</td></tr><tr><td>1961 Date 11/.</td><td>5.7</td><td>1.1</td><td>2.9</td><td>12.9</td><td>627.9</td><td>21.1</td><td>2,295.8</td><td>13.8</td><td>129.7</td><td>2.6</td><td>33.0</td><td>5,853.4</td><td>5,860.7</td><td>37.3</td></tr></table>
Source: See Table 1.
(Footnotes on following page)
February 1962
17
TRUST ACCOUNT AND OTHER TRANSACTIONS
Table 11.- National Service Life Insurance Fund
(in millions of dollars)
<table><tr><th rowspan="2">Fiscal year or month</th><th colspan="4">Receipts</th><th colspan="3">Expenditures other than investments</th><th rowspan="2">Net increase, or decrease (-), in assets</th><th colspan="3">Assets, end of period</th></tr><tr><th>Total</th><th>Premiums and other receipts</th><th>Transfers from general fund</th><th>interest on investments</th><th>Total</th><th>Benefits and refunds</th><th>Special dividends</th><th>Total</th><th>Investments</th><th>Unexpended balance</th></tr><tr><td>1941-52</td><td>11,229.0</td><td>5,511.1</td><td>4,406.9</td><td>1,311.1</td><td>5,973.4</td><td>2,577.3</td><td>3,396.0</td><td>5,255.6</td><td>5,255.6</td><td>5,190.6</td><td>65.0</td></tr><tr><td>1953</td><td>636.6</td><td>397.7</td><td>84.0</td><td>154.9</td><td>588.0</td><td>434.2</td><td>153.8</td><td>48.7</td><td>5,304.3</td><td>5,249.5</td><td>54.8</td></tr><tr><td>1954</td><td>619.1</td><td>390.8</td><td>72.1</td><td>156.4</td><td>622.6</td><td>444.7</td><td>177.8</td><td>-3.3</td><td>5,301.0</td><td>5,272.5</td><td>28.5</td></tr><tr><td>1955</td><td>590.5</td><td>405.5</td><td>27.8</td><td>157.2</td><td>537.8</td><td>382.9</td><td>124.9</td><td>52.6</td><td>5,353.7</td><td>5,345.6</td><td>8.0</td></tr><tr><td>1956</td><td>649.3</td><td>410.2</td><td>78.4</td><td>160.7</td><td>512.0</td><td>512.0</td><td></td><td>137.3</td><td>5,491.0</td><td>5,481.1</td><td>9.9</td></tr><tr><td>1957</td><td>607.5</td><td>424.8</td><td>19.3</td><td>163.4</td><td>515.0</td><td>515.0</td><td></td><td>92.5</td><td>5,583.5</td><td>5,570.3</td><td>13.2</td></tr><tr><td>1958</td><td>639.8</td><td>459.1</td><td>14.4</td><td>166.2</td><td>543.6</td><td>543.6</td><td></td><td>96.2</td><td>5,679.7</td><td>5,665.3</td><td>14.4</td></tr><tr><td>1959</td><td>634.3</td><td>453.4</td><td>12.2</td><td>168.8</td><td>562.1</td><td>562.1</td><td></td><td>72.3</td><td>5,751.9</td><td>5,741.5</td><td>10.4</td></tr><tr><td>1960</td><td>642.6</td><td>459.9</td><td>10.3</td><td>172.4</td><td>581.6</td><td>581.6</td><td></td><td>61.0</td><td>5,813.0</td><td>5,803.1</td><td>9.9</td></tr><tr><td>1961</td><td>667.6</td><td>483.8</td><td>8.4</td><td>175.4</td><td>707.5</td><td>707.5</td><td></td><td>-39.8</td><td>5,773.1</td><td>5,759.4</td><td>13.8</td></tr><tr><td>1962 (Est.)</td><td>691.5</td><td>503.3</td><td>8.2</td><td>180.0</td><td>648.9</td><td>648.9</td><td></td><td>42.6</td><td>5,815.7</td><td>5,812.0</td><td>3.7</td></tr><tr><td>1963 (Est.)</td><td>695.0</td><td>505.0</td><td>8.0</td><td>182.0</td><td>604.7</td><td>604.7</td><td></td><td>90.2</td><td>5,906.0</td><td>5,903.0</td><td>3.0</td></tr><tr><td>1961-January</td><td>47.5</td><td>47.0</td><td>.4</td><td>.1</td><td>49.9</td><td>49.9</td><td></td><td>-2.4</td><td>5,768.7</td><td>5,754.1</td><td>14.6</td></tr><tr><td>February</td><td>42.0</td><td>39.2</td><td>.8</td><td>2.0</td><td>83.2</td><td>83.2</td><td></td><td>-41.2</td><td>5,727.5</td><td>5,650.1</td><td>77.4</td></tr><tr><td>March</td><td>46.8</td><td>45.2</td><td>.8</td><td>.7</td><td>149.1</td><td>149.1</td><td></td><td>-102.3</td><td>5,625.2</td><td>5,618.6</td><td>6.6</td></tr><tr><td>April</td><td>38.5</td><td>37.7</td><td>.7</td><td>.1</td><td>39.7</td><td>39.7</td><td></td><td>-1.2</td><td>5,624.0</td><td>5,619.6</td><td>4.5</td></tr><tr><td>May</td><td>41.8</td><td>41.0</td><td>.8</td><td>.1</td><td>38.0</td><td>38.0</td><td></td><td>3.8</td><td>5,627.9</td><td>5,621.6</td><td>6.3</td></tr><tr><td>June</td><td>215.2</td><td>42.2</td><td>1.0</td><td>172.1</td><td>70.0</td><td>70.0</td><td></td><td>145.3</td><td>5,773.1</td><td>5,759.4</td><td>13.8</td></tr><tr><td>July</td><td>41.5</td><td>40.7</td><td>.7</td><td>1.1</td><td>141.2</td><td>141.2</td><td></td><td>-99.7</td><td>5,673.4</td><td>5,665.4</td><td>8.0</td></tr><tr><td>August</td><td>41.2</td><td>40.4</td><td>.8</td><td>*</td><td>38.8</td><td>38.8</td><td></td><td>2.4</td><td>5,675.8</td><td>5,667.4</td><td>8.4</td></tr><tr><td>September</td><td>36.7</td><td>36.0</td><td>.7</td><td>*</td><td>34.4</td><td>34.4</td><td></td><td>2.3</td><td>5,678.1</td><td>5,670.4</td><td>7.8</td></tr><tr><td>October</td><td>41.0</td><td>40.5</td><td>.5</td><td>-</td><td>35.4</td><td>35.5</td><td></td><td>5.5</td><td>5,683.6</td><td>4,676.2</td><td>7.4</td></tr><tr><td>November</td><td>39.5</td><td>38.9</td><td>.6</td><td>*</td><td>32.1</td><td>32.1</td><td></td><td>7.4</td><td>5,691.0</td><td>5,681.1</td><td>10.0</td></tr><tr><td>December</td><td>37.9</td><td>37.2</td><td>.7</td><td>*</td><td>32.0</td><td>32.0</td><td></td><td>5.9</td><td>5,696.9</td><td>5,679.5</td><td>17.4</td></tr><tr><td>1941 to date</td><td>17,154.3</td><td>9,629.9</td><td>4,737.8</td><td>2,786.5</td><td>11,457.4</td><td>11,457.4</td><td></td><td>5,696.9</td><td>5,696.9</td><td>5,679.5</td><td>17.4</td></tr></table>
Source: See Table 1. Note: This fund was established by the National Service Life Insurance Act of 1940 (38 U.S.C. 805).
* Less than $50,000. r Revised.
Footnotes to Table 10
1/ State unemployment funds; used for benefits payments mainly. Beginning August 1961, withdrawals by States have been reduced by reimbursements to State accounts from Federal Extended Compensation Account.
2/ Established by the Employment Security Act of 1960, approved September 13, 1960 (74 Stat. 970), into which are deposited tax receipts transferred in accordance with the act (see "Budget Receipts and Expenditures," Table 1, footnote 11) and from which are paid the administrative expenses of the employment security program and reimbursement for tax refunds. Previously the corresponding amounts were included, respectively, in budget receipts and budget expenditures, and only the excess of receipts over expenditures, if any, was transferred to the trust account by appropriation. Receipts consist of appropriated and unappropriated transfers of tax collections. The Federal unemployment tax allows to the taxpayer credit for contributions to State unemployment funds up to 90 percent of the tax.
3/ Net of repayments.
4/ Excess of collections from Federal unemployment tax over expenditures for benefits and administrative expenses each year is deposited in this account to maintain a reserve of $200 million available for loans to States when needed to replenish the balances in their accounts in the trust fund. Beginning 1961, these transfers are from the administration fund in the trust account; previously they were from the general fund. Any remaining excess is credited to the State accounts (42 U.S.C.1101 - 1103).
5/ Established by the act approved March 24, 1961 (42 U.S.C. 1104), which provides for a temporary program of extended unemployment compensation payments.
6/ For payment of benefits and refunds (45 U.S.C. 360). Figures exclude interim advance of $15 million from the Treasury and subsequent repayment, both in 1940.
7/ Contributions under the Railroad Unemployment Insurance Act of 1938, as amended (45 U.S.C. 360 (a)), in excess of the amount specified for administrative expenses (see footnote 8).
8/ Temporary advances are made when the balance in the Railroad Un-
employment Insurance Account is insufficient to meet payments of benefits and refunds due or to become due. Whenever the balance is sufficient to pay such benefits and refunds, repayments are made, plus interest at 3% per annum, pursuant to P. L. 86-28, dated May 19, 1959 (73 Stat. 32).
2/ Excess, if any, over specified balance at end of year is transferred to the account (45 U.S.C. 361 (d)).
10/ Consists of a specified proportion of contributions deposited in the fund to be available for administrative expenses. The Railroad Unemployment Insurance Administration Fund was established in the Unemployment Trust Fund pursuant to the amending act of September 6, 1958; before that the administration fund was a separate trust fund (45 U.S.C. 361).
11/ Total includes $107.2 million transferred from State accounts to the Railroad Unemployment Insurance Account in connection with its establishment (45 U.S.C. 363).
12/ Beginning fiscal 1961 refunds of taxes (principal only) are reported as deductions from receipts. Interest paid on refunds of taxes will continue to be included under expenditures.
13/ Includes $2 million for repayment of general fund advances, temporary extended Railroad unemployment insurance.
14/ Includes $155 million proposed for separate transmittal.
15/ Includes repayment of general fund advances of $4.84 million for temporary extended unemployment compensation and $11 million for temporary extended Railroad unemployment insurance. Also Includes $150 million proposed for separate transmittal.
16/ An advance of $250 million was made pursuant to the act of March 3, 1961, and repaid during the month.
17/ Includes adjustments to monthly statement basis.
18/ Excludes adjustment pursuant to the act of September 6, 1958 (45 U.S.C. 361 (a)); see footnote 19.
19/ Includes an adjustment of $7.2 million pursuant to the act of September 6, 1958 (45 U.S.C. 361 (a)); see footnote 10.
* Less than $50,000. r Revised.
Treasury Bulletin
18
TRUST ACCOUNT AND OTHER TRANSACTIONS
Table 12.- Investments of Specified Trust Accounts in Public Debt Securities by Issues, as of December 31, 1961
(In millions of dollars)
<table><tr><th>Issue</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></tr><tr><td><b>Public issues:</b></td><td></td><td></td><td></td><td></td></tr><tr><td>Treasury notes:</td><td></td><td></td><td></td><td></td></tr><tr><td>4%</td><td>-</td><td>-</td><td>20.0</td><td>-</td></tr><tr><td>4-7/8</td><td>-</td><td>15.0</td><td>13.5</td><td>-</td></tr><tr><td>3-1/4</td><td>-</td><td>-</td><td>25.0</td><td>25.0</td></tr><tr><td>5</td><td>-</td><td>25.0</td><td>20.0</td><td>10.0</td></tr><tr><td>4-7/8</td><td>-</td><td>-</td><td>7.4</td><td>-</td></tr><tr><td>4-5/8</td><td>-</td><td>38.5</td><td>-</td><td>10.0</td></tr><tr><td>Treasury bonds:</td><td></td><td></td><td></td><td></td></tr><tr><td>2-1/4</td><td>-</td><td>22.2</td><td>-</td><td>-</td></tr><tr><td>2-1/2</td><td>-</td><td>33.0</td><td>-</td><td>-</td></tr><tr><td>2-5/8</td><td>-</td><td>205.6</td><td>11.1</td><td>10.0</td></tr><tr><td>3</td><td>-</td><td>25.0</td><td>8.5</td><td>10.0</td></tr><tr><td>3-3/8</td><td>-</td><td>4.5</td><td>-</td><td>-</td></tr><tr><td>3-3/4</td><td>-</td><td>27.7</td><td>4.5</td><td>-</td></tr><tr><td>3-5/8</td><td>-</td><td>34.2</td><td>-</td><td>14.0</td></tr><tr><td>2-1/2</td><td>-</td><td>15.6</td><td>10.1</td><td>-</td></tr><tr><td>2-1/2</td><td>-</td><td>204.6</td><td>2.1</td><td>7.0</td></tr><tr><td>2-1/2</td><td>-</td><td>25.8</td><td>13.1</td><td>-</td></tr><tr><td>3-7/8</td><td>-</td><td>17.4</td><td>5.0</td><td>2.5</td></tr><tr><td>4</td><td>-</td><td>37.5</td><td>35.0</td><td>15.0</td></tr><tr><td>3-7/8</td><td>-</td><td>32.5</td><td>77.7</td><td>5.0</td></tr><tr><td>4-1/4</td><td>-</td><td>25.0</td><td>20.0</td><td>5.0</td></tr><tr><td>3-1/4</td><td>-</td><td>60.2</td><td>-</td><td>53.0</td></tr><tr><td>3-1/2</td><td>-</td><td>449.4</td><td>6.0</td><td>53.0</td></tr><tr><td>4</td><td>-</td><td>18.0</td><td>11.4</td><td>-</td></tr><tr><td>3-1/4</td><td>-</td><td>25.7</td><td>6.9</td><td>12.0</td></tr><tr><td>1-1/2</td><td>-</td><td>431.8</td><td>30.9</td><td>89.2</td></tr><tr><td>1</td><td>-</td><td>85.2</td><td>3.2</td><td>-</td></tr><tr><td>3-1/2</td><td>-</td><td>429.0</td><td>6.1</td><td>54.2</td></tr><tr><td>2-3/4</td><td>-</td><td>1,064.9</td><td>-</td><td>745.0</td></tr><tr><td><b>Total public issues</b></td><td><b>3,353.4</b></td><td><b>87.5</b></td><td><b>338.2</b></td><td><b>1,120.0</b></td></tr><tr><td><b>Special issues:</b></td><td></td><td></td><td></td><td></td></tr><tr><td>Certificates:</td><td></td><td></td><td></td><td></td></tr><tr><td>3%</td><td>-</td><td>-</td><td>-</td><td>4,707.1</td></tr><tr><td>4</td><td>-</td><td>268.5</td><td>-</td><td>-</td></tr><tr><td>Notes:</td><td></td><td></td><td></td><td></td></tr><tr><td>2-1/2%</td><td>-</td><td>99.5</td><td>30.0</td><td>-</td></tr><tr><td>2-5/8</td><td>-</td><td>336.0</td><td>-</td><td>-</td></tr><tr><td>2-5/8</td><td>-</td><td>-</td><td>223.2</td><td>-</td></tr><tr><td>3</td><td>-</td><td>-</td><td>3,134.6</td><td>-</td></tr><tr><td>3-3/4</td><td>-</td><td>-</td><td>77.6</td><td>-</td></tr><tr><td>Bonds:</td><td></td><td></td><td></td><td></td></tr><tr><td>2-1/2%</td><td>-</td><td>4,560.1</td><td>187.5</td><td>-</td></tr><tr><td>2-5/8</td><td>-</td><td>8,572.0</td><td>1,286.9</td><td>-</td></tr><tr><td>3-3/4</td><td>-</td><td>-</td><td>326.8</td><td>-</td></tr><tr><td>3-3/4</td><td>-</td><td>1,240.1</td><td>-</td><td>-</td></tr><tr><td><b>Total special issues</b></td><td><b>15,076.1</b></td><td><b>2,237.4</b></td><td><b>3,134.6</b></td><td><b>4,707.1</b></td></tr><tr><td>Net unamortized premium and discount</td><td>-25.8</td><td>-9</td><td>-</td><td>-3.6</td></tr><tr><td>Accrued interest purchased</td><td>.6</td><td>-</td><td>-</td><td>-</td></tr><tr><td><b>Total investments</b></td><td><b>18,404.3</b></td><td><b>2,324.0</b></td><td><b>3,472.8</b></td><td><b>5,823.4</b></td></tr></table>
Source: Bureau of Accounts.
February 1962
19
CASH INCOME AND OUTGO
The cash income and outgo data appearing in the Treasury Bulletin, beginning with the February 1956 issue, are on a basis consistent with receipts from and payments to the public as derived in the 1957 and subsequent Budgets of the United States (in the Budget for 1963 in Special Analysis B). Reconciliation to cash deposits and withdrawals in the account of the Treasurer of the United States is shown on the same basis as in the Budget documents. There is also shown the amount of net cash borrowing from, or repayment of borrowing to, the public. By these arrangements, data in accordance with the Budget classifications are made available month by month. Figures for back years have been revised where necessary in order to make them as nearly comparable with 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. 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 are excluded as not representing cash received from the public. Federal cash borrowing from the public includes net borrowing by the Treasury through public debt transactions and also net borrowing by Government agencies and Government-sponsored enterprises through sales of their own securities. It excludes changes in the public debt which do not represent direct cash borrowing from the public. The net effect of all these transactions with the public is reflected in changes in the balance in the Treasurer's account and in cash held outside the Treasury.
Cash transactions through the Treasurer's account are similar in general concept to those included in the Budget series, but are limited in coverage to transactions which affect the balance in that account. On the other hand, they include receipts from the exercise of monetary authority, which are excluded from receipts from the public in the Budget series.
Treasury Bulletin
20
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 colspan="2">Equals: Change in cash balances</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>Cash held outside Treasury, increase, or decrease (-)</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>-0</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>-13</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>1,654</td><td>4</td></tr><tr><td>1961</td><td>97,242</td><td>99,528</td><td>-2,286</td><td>698</td><td>55</td><td>-1,311</td><td>-22</td></tr><tr><td>1961 (Est.)</td><td>102,623</td><td>111,147</td><td>-8,524</td><td>7,801</td><td>67</td><td>-694</td><td>38</td></tr><tr><td>1963 (Est.)</td><td>116,614</td><td>114,804</td><td>1,810</td><td>-1,849</td><td>40</td><td>-</td><td>-</td></tr><tr><td>1961-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>8,666</td><td>1,970</td><td>939</td><td>7</td><td>2,936</td><td>-0</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>December</td><td>8,868</td><td>8,576</td><td>292</td><td>30</td><td>7</td><td>234</td><td>95</td></tr><tr><td>1962-January</td><td>5,968</td><td>8,726</td><td>-2,758</td><td>1,243</td><td>6</td><td>-1,513</td><td>4</td></tr><tr><td>1962 to date</td><td>50,648</td><td>62,664</td><td>-11,975</td><td>10,424</td><td>43</td><td>-1,713</td><td>.03</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 1963 Budget document, released January 18, 1962, including effects of proposed legislation.
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).
Table 2.- Summary of Cash Transactions through the Account of the Treasurer of the United States
<table><tr><th rowspan="2">Fiscal year or month</th><th colspan="3">Net cash transactions other than borrowing</th><th rowspan="2">Plus: Net cash borrowing, or repayment of borrowing (-)</th><th rowspan="2">Equals: Treasurer's account balance, increase, or decrease (-)</th></tr><tr><th>Cash deposits</th><th>Cash withdrawals</th><th>Excess of deposits, or withdrawals (-)</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>-1,130</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>5,153</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>-4,398</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>102,690</td><td>111,185</td><td>-8,495</td><td>7,801</td><td>-694</td></tr><tr><td>1963 (Est.)</td><td>116,654</td><td>114,804</td><td>1,849</td><td>-1,849</td><td>-</td></tr><tr><td>1961-July</td><td>3,621</td><td>7,831</td><td>-4,210</td><td>4,108</td><td>-101</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>896</td><td>2,936</td></tr><tr><td>October</td><td>3,605</td><td>9,124</td><td>-5,519</td><td>2,761</td><td>-2,759</td></tr><tr><td>November</td><td>9,302</td><td>9,863</td><td>-561</td><td>64</td><td>63</td></tr><tr><td>December</td><td>7,851</td><td>7,602</td><td>248</td><td>-14</td><td>234</td></tr><tr><td>1961-January</td><td>6,327</td><td>9,062</td><td>-2,734</td><td>1,222</td><td>-1,513</td></tr><tr><td>1962-t late</td><td>50,500</td><td>62,281</td><td>-11,776</td><td>10,063</td><td>-1,713</td></tr></table>
Source: Actual figures are based on the daily Treasury statement; estimates are from the 1963 Budget document, released January 18, 1963, including effects of proposed legislation. Figures in the
first four columns of this table may differ somewhat from those originally published in the daily Treasury statement because of subsequent reclassification of certain transactions.
February 1962
21
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 deposit 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 3/</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>71,819</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>3</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>9</td><td>142</td><td>82,094</td></tr><tr><td>1954</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>94,802</td></tr><tr><td>1961</td><td>77,699</td><td>23,583 6/</td><td>101,243 6/</td><td>3,946 6</td><td>*</td><td>55</td><td>4,001 6/</td><td>97,242</td><td>55</td><td>-400</td><td>96,897</td></tr><tr><td>1962 (Est.)</td><td>82,100</td><td>24,288</td><td>106,388</td><td>3,698</td><td>*</td><td>67</td><td>3,765</td><td>102,623</td><td>67</td><td>-</td><td>102,690</td></tr><tr><td>1963 (Est.)</td><td>43,000</td><td>27,249</td><td>120,249</td><td>3,496</td><td>*</td><td>40</td><td>3,636</td><td>116,614</td><td>40</td><td>-</td><td>116,614</td></tr><tr><td>1961-July</td><td>2,982</td><td>1,002</td><td>3,984</td><td>183</td><td>*</td><td>3</td><td>142</td><td>3,793</td><td>3</td><td>-175</td><td>3,601</td></tr><tr><td>Aug.</td><td>6,367</td><td>3,292</td><td>9,659</td><td>594</td><td>*</td><td>8</td><td>302</td><td>9,377</td><td>8</td><td>755</td><td>10,112</td></tr><tr><td>Sept.</td><td>8,945</td><td>1,478</td><td>10,423</td><td>86</td><td>*</td><td>7</td><td>187</td><td>10,136</td><td>7</td><td>-504</td><td>9,759</td></tr><tr><td>Oct.</td><td>3,141</td><td>973</td><td>4,120</td><td>33</td><td>*</td><td>9</td><td>248</td><td>3,872</td><td>9</td><td>-276</td><td>3,616</td></tr><tr><td>Nov.</td><td>6,424</td><td>2,438</td><td>8,862</td><td>404</td><td>*</td><td>3</td><td>308</td><td>8,554</td><td>3</td><td>745</td><td>9,311</td></tr><tr><td>Dec.</td><td>7,967</td><td>1,484</td><td>9,451</td><td>777</td><td>*</td><td>7</td><td>583</td><td>8,868</td><td>7</td><td>-1,024</td><td>7,814</td></tr><tr><td>1962-Jan.</td><td>5,357</td><td>866</td><td>6,224</td><td>531</td><td>*</td><td>6</td><td>256</td><td>5,968</td><td>6</td><td>354</td><td>6,322</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>Fiscal year or month</th><th colspan="4">Expenditures</th><th colspan="2">Less: Deductions from expenditures</th><th>Equals: Federal payments to the public 3/</th><th colspan="3">Reconciliation to cash transactions in the Treasurer's account</th><th>Equals: cash withdrawn from the Treasurer's account</th></tr><tr><th></th><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)</th><th>Accrued interest and other noncash expenditures (See Table 6)</th><th></th><th>Less: Payments to the public not reflected in the Treasurer's account</th><th>From cash held outside the Treasury</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>672</td><td>71,858</td><td>-257</td><td>256</td><td>230</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>202</td><td>399</td><td>-106</td><td>69,888</td></tr><tr><td>1956</td><td>66,224</td><td>9,424 2/</td><td>324</td><td>75,972</td><td>2,742</td><td>943</td><td>72,616</td><td>-5</td><td>544</td><td>506</td><td>-279</td><td>71,181</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>-140</td><td>646</td><td>142</td><td>-93</td><td>83,183</td></tr><tr><td>1958</td><td>71,369</td><td>16,059</td><td>-629</td><td>86,799</td><td>3,917</td><td>470</td><td>83,412</td><td>2</td><td>520</td><td>-269</td><td>43,508</td></tr><tr><td>1959</td><td>80,342</td><td>18,462</td><td>1,290</td><td>100,045</td><td>3,161</td><td>2,131</td><td>94,804</td><td>4</td><td>622</td><td>-400</td><td>48,992</td></tr><tr><td>1960</td><td>76,339</td><td>20,891 6/</td><td>487</td><td>97,717 6/</td><td>3,167</td><td>449</td><td>94,301</td><td>222</td><td>-</td><td>-</td><td>111,181</td></tr><tr><td>1961</td><td>81,715</td><td>23,016 7/</td><td>-236</td><td>104,295 7/</td><td>3,946 7/</td><td>821</td><td>99,528</td><td>-38</td><td>-</td><td>-</td><td>114,904</td></tr><tr><td>1962 (Est.)</td><td>89,075</td><td>25,317</td><td>514</td><td>114,906</td><td>3,698</td><td>61</td><td>111,147</td><td>-163</td><td>59</td><td>-175</td><td>1,311</td></tr><tr><td>1963 (Est.)</td><td>92,537</td><td>26,393</td><td>309</td><td>119,239</td><td>3,596</td><td>838</td><td>114,804</td><td>52</td><td>96</td><td>755</td><td>-1</td></tr><tr><td>1 61-July</td><td>6,322</td><td>1,872</td><td>124</td><td>8,319</td><td>188</td><td>229</td><td>7,902</td><td>20</td><td>43</td><td>-564</td><td>1,1</td></tr><tr><td>Aug.</td><td>7,631</td><td>2,048</td><td>176</td><td>9,855</td><td>294</td><td>-991</td><td>10,552</td><td>17</td><td>14</td><td>-276</td><td>1,1</td></tr><tr><td>Sept.</td><td>6,771</td><td>2,203</td><td>188</td><td>9,163</td><td>180</td><td>717</td><td>8,266</td><td>-95</td><td>83</td><td>745</td><td>7,861</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>-4</td><td>22</td><td>354</td><td>1,1</td></tr><tr><td>Nov.</td><td>7,785</td><td>1,958</td><td>-64</td><td>9,779</td><td>304</td><td>-143</td><td>9,218</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Dec.</td><td>7,160</td><td>1,934</td><td>277</td><td>9,371</td><td>577</td><td>219</td><td>8,576</td><td>-1</td><td>44</td><td>-1,024</td><td>7,502</td></tr><tr><td>1962-Jan.</td><td>7,395</td><td>2,322</td><td>-302</td><td>9,411</td><td>250</td><td>439</td><td>8,720</td><td>-</td><td>-</td><td>-</td><td>1,1</td></tr></table>
Source: Table 1. Details of basic penitenture figures appear in preceding sections in the Palietir.
follow the
22
Treasury Bulletin
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>Interest on investment in public debt securities</th><th>Interest on uninvested trust funds</th><th>Payroll deductions for employees' retirement 3/</th><th>Other 4/</th><th>Total 5/</th></tr><tr><td>1-42</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>1-43</td><td>81</td><td>1</td><td>1,173</td><td>5</td><td>439</td><td>110</td><td>1,848</td></tr><tr><td>1-47</td><td>102</td><td>2</td><td>1,107</td><td>5</td><td>574</td><td>521</td><td>2,411</td></tr><tr><td>1-49</td><td>104</td><td>1</td><td>1,118</td><td>6</td><td>644</td><td>697</td><td>2,775</td></tr><tr><td>1-51</td><td>221</td><td>1</td><td>1,342</td><td>8</td><td>662</td><td>681</td><td>2,914</td></tr><tr><td>1-61</td><td>239</td><td>6</td><td>1,315</td><td>9</td><td>744</td><td>844</td><td>3,161</td></tr><tr><td>1-61</td><td>261</td><td>3</td><td>1,327</td><td>10</td><td>747</td><td>819 6</td><td>3,207</td></tr><tr><td>1-61</td><td>69 2</td><td>3</td><td>1,404</td><td>10</td><td>841</td><td>1,619</td><td>3,946 7/</td></tr><tr><td>1-62 (Est.)</td><td>80</td><td>5</td><td>1,417</td><td>10</td><td>863</td><td>1,324</td><td>3,698</td></tr><tr><td>1-63 (Est.)</td><td>85</td><td>4</td><td>1,518</td><td>10</td><td>866</td><td>1,119</td><td>3,598</td></tr><tr><td>1-61-July</td><td>4</td><td>-</td><td>4</td><td>*</td><td>61</td><td>120</td><td>188</td></tr><tr><td>August</td><td>5</td><td>5</td><td>23</td><td>*</td><td>73</td><td>188</td><td>289</td></tr><tr><td>September</td><td>4</td><td>-</td><td>24</td><td>*</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>5</td><td>-</td><td>31</td><td>*</td><td>62</td><td>201</td><td>304</td></tr><tr><td>December</td><td>20</td><td>-</td><td>311</td><td>1</td><td>80</td><td>165</td><td>577</td></tr><tr><td>1-62-January</td><td>7</td><td>-</td><td>8</td><td>-</td><td>71</td><td>165</td><td>251</td></tr></table>
Source: See Table 1.
Famines follow Table 1.
Table 6.- Accrued Interest and Other Noncash Expenditures Excluded from Payments
(In millions of dollars)
<table><tr><th>Fiscal year or month</th><th>Net accrued interest on savings bonds and Treasury bills</th><th>Clearing account for public debt interest</th><th colspan="5">Noncash expenditures, involving finance of public debt securities</th><th>Carrying amount of checks outstanding</th><th>total</th></tr><tr><th></th><th></th><th></th><th>Adjusted service bonds</th><th>Armed Forces leave bonds</th><th>International Monetary Fund</th><th>Special notes to - U</th><th>International Development Association</th><th>Inter-American Development Bank</th><th></th></tr><tr><td>1964</td><td>524</td><td>68</td><td>-1</td><td>-14</td><td>10*</td><td>-</td><td>-</td><td>-</td><td>-1</td></tr><tr><td>1 '65</td><td>497</td><td>26</td><td>-1</td><td>-8</td><td>156</td><td>-</td><td>-</td><td>-</td><td>1</td></tr><tr><td>1 '66</td><td>476</td><td>-15</td><td>*</td><td>-7</td><td>179</td><td>-</td><td>-</td><td>-</td><td>1</td></tr><tr><td>1 '67</td><td>489</td><td>234</td><td>*</td><td>-6</td><td>-678</td><td>-</td><td>-</td><td>-</td><td>-81</td></tr><tr><td>1 '68</td><td>414</td><td>91</td><td>*</td><td>-4</td><td>-790</td><td>-</td><td>-</td><td>-</td><td>47</td></tr><tr><td>1 '69</td><td>81</td><td>87</td><td>*</td><td>-1</td><td>1,431</td><td>-</td><td>-</td><td>-</td><td>-110</td></tr><tr><td>1 '60</td><td>341</td><td>211</td><td>*</td><td>-2</td><td>419</td><td>-</td><td>-</td><td>-</td><td>-380</td></tr><tr><td>1 '61</td><td>122</td><td>6</td><td>*</td><td>-1</td><td>573</td><td>58</td><td>-</td><td>-</td><td>81</td></tr><tr><td>1 '62 (Est.)</td><td>0</td><td>-</td><td>*</td><td>-1</td><td>-300</td><td>-</td><td>-</td><td>-</td><td>61</td></tr><tr><td>1 '63 (Est.)</td><td>575</td><td>-</td><td>*</td><td>-1</td><td>-</td><td>-</td><td>-</td><td>9</td><td>849</td></tr><tr><td>1 '61-July</td><td>160</td><td>-241</td><td>*</td><td>*</td><td>45</td><td>-</td><td>-</td><td>-</td><td>274</td></tr><tr><td>August</td><td>18</td><td>-328</td><td>*</td><td>*</td><td>-470</td><td>-</td><td>-</td><td>-</td><td>-101</td></tr><tr><td>September</td><td>71</td><td>383</td><td>*</td><td>*</td><td>-17</td><td>-</td><td>-</td><td>-</td><td>280</td></tr><tr><td>October</td><td>33</td><td>-18</td><td>*</td><td>*</td><td>6</td><td>-</td><td>-</td><td>25</td><td>-268</td></tr><tr><td>November</td><td>41</td><td>43</td><td>*</td><td>*</td><td>-98</td><td>-8</td><td>-</td><td>-</td><td>-65</td></tr><tr><td>December</td><td>94</td><td>-74</td><td>*</td><td>*</td><td>0</td><td>-</td><td>-</td><td>-</td><td>18</td></tr><tr><td>1 '62-January</td><td>160</td><td>538</td><td>*</td><td>*</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-201</td></tr></table>
Source: See Table 1.
Footnotes follow Table 7.
February 1962
23
CASH INCOME AND OUTGO
Table 7.- Derivation of Federal Government Net Cash Debt Transactions with the Public, and Reconciliation to Net Cash Debt Transactions through the Account of the Treasurer of the United States
(Net borrowing, or repayment of borrowing (-); in millions of dollars)
<table><tr><th rowspan="2">Fiscal year or month</th><th rowspan="2">Public debt increase, or decrease (-)</th><th colspan="2">Plus: Net sale of obligations of Government enterprises in the market</th><th colspan="3">Less: Net investment in Federal securities by Government agencies</th><th rowspan="2">Equals: Increase in securities held by the public, or decrease (-)</th></tr><tr><th>Public and trust enterprise funds</th><th>Government-sponsored enterprises</th><th>Trust funds</th><th>Public enterprise funds</th><th>Government-sponsored enterprises</th></tr><tr><td>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>2,434</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>5,260</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</td><td>2,640</td><td>-733</td><td>195</td><td>289</td><td>149</td><td>432</td><td>1,234</td></tr><tr><td>1962 (Est.)</td><td>6,399</td><td>1,231</td><td>361</td><td>-120</td><td>289</td><td>-155</td><td>7,177</td></tr><tr><td>1963 (Est.)</td><td>-450</td><td>709</td><td>500</td><td>1,470</td><td>343</td><td>191</td><td>-1,124</td></tr><tr><td>1961-July</td><td>3,433</td><td>24</td><td>41</td><td>-827</td><td>47</td><td>-83</td><td>4,305</td></tr><tr><td>August</td><td>1,310</td><td>32</td><td>70</td><td>1,377</td><td>20</td><td>-106</td><td>1,11</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>493</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>-1,834</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>1,124</td></tr><tr><td>December</td><td>-842</td><td>168</td><td>-42</td><td>-539</td><td>-1</td><td>-320</td><td>144</td></tr><tr><td>1962-January</td><td>345</td><td>165</td><td>98</td><td>-1,141</td><td>4</td><td>400</td><td>1,344</td></tr></table>
<table><tr><th rowspan="2">Fiscal year or month</th><th colspan="7">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 2/</th><th rowspan="2">Equals: Net cash borrowing through the Treasurer's account, or repayment (-)</th></tr><tr><th>Net accrued interest on savings bonds and Treasury bills 3/</th><th>Adjusted service bonds 5/</th><th>Armed Forces leave bonds 5/</th><th colspan="4">Special notes to -</th><th>Total deductions</th></tr><tr><th></th><th></th><th></th><th></th><th>International Monetary Fund 2/</th><th>International Development Association 5</th><th>Inter-American Development Bank 5/</th><th>Excess profits tax refund bonds 6/</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>256</td><td>2,246</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>230</td><td>1,574</td></tr><tr><td>1956</td><td>456</td><td>*</td><td>-7</td><td>175</td><td>-</td><td>-</td><td>*</td><td>623</td><td>-4,366</td><td>399</td><td>-4,765</td></tr><tr><td>1957</td><td>388</td><td>*</td><td>-6</td><td>-674</td><td>-</td><td>-</td><td>*</td><td>-292</td><td>-3,100</td><td>549</td><td>-3,648</td></tr><tr><td>1958</td><td>354</td><td>*</td><td>-4</td><td>-450</td><td>-</td><td>-</td><td>*</td><td>-200</td><td>5,760</td><td>516</td><td>5,213</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>646</td><td>8,132</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>520</td><td>1,301</td></tr><tr><td>1961</td><td>222</td><td>*</td><td>-1</td><td>258</td><td>58</td><td>-</td><td>*</td><td>536</td><td>698</td><td>622</td><td>77</td></tr><tr><td>1962 (Est.)</td><td>500</td><td>*</td><td>-1</td><td>-300</td><td>-50</td><td>25</td><td>*</td><td>174</td><td>7,801</td><td>-</td><td>7,801</td></tr><tr><td>1963 (Est.)</td><td>575</td><td>*</td><td>-1</td><td>-</td><td>-</td><td>30</td><td>*</td><td>604</td><td>-1,849</td><td>-</td><td>-1,849</td></tr><tr><td>1961-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>59</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>96</td><td>467</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>43</td><td>896</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>14</td><td>1,761</td></tr><tr><td>November</td><td>51</td><td>*</td><td>*</td><td>308</td><td>58</td><td>-</td><td>*</td><td>417</td><td>707</td><td>83</td><td>624</td></tr><tr><td>December</td><td>94</td><td>*</td><td>*</td><td>20</td><td>-</td><td>-</td><td>*</td><td>114</td><td>30</td><td>44</td><td>114</td></tr><tr><td>1962-January</td><td>100</td><td>*</td><td>*</td><td>2</td><td>-</td><td>-</td><td>*</td><td>102</td><td>1,243</td><td>22</td><td>1,221</td></tr></table>
Source: See Table 1.
Footnotes on following page.
24
Treasury Bulletin
CASH INCOME AND OUTGO
Footnotes to Table 3
The entry at the figure was revised in the September 1960 bulletin to take into account the deduction of certain interfund transactions from both net budget receipts and budget expenditures; and from the July 1961 bulletin, deductions for certain Intertrust fund transactions from both trust account receipts, and trust account expenditures (see pp. 2, 3, 4, and 10). Formerly such transactions were included in the intragovernmental transactions which were deducted in deriving receipt. From and payments to the public. Tracted as bona fide refund reduction from receipts when issued and as cash return deductions when redeemed. Correction of signiforage and the increment resulting from reduction in the weight of the gold dollar; excluded from receipt, from the public but included in cash deposits in the Treasurer's account.
3 Figures in this summary differ from those appearing in the September 1960 Treasury Bulletin because of new additional items. The budget receipts which are also budget expenditures are included in the interfund transactions, deducted from budget receipts, and budget expenditures (see footnote 1). 
4 Adjusted for recalcification of certain repayment of advances from the general fund. 
5 Beginning fiscal 1961, principal amounts for refunds of taxes applicable to trust accounts, formerly included with trust account expenditures, are deducted from trust account receipts. 
* Less than $1,000.
Footnotes to Table 4
1. Total, footnote 1. Net operating expenditures, or receipts (-), as measured by funds provided by or applied to net security transactions, reflected in Treasury reports (see Table 7). To a large extent, these Government- sponsored enterprises secure funds for their operations by direct borrowing from the public or by cashing Federal securities which they hold, and they apply the net income received from operations to payment of borrowing from the public or to investment in Federal securities. On that basis, net expenditures for operations are shown in the table in terms of the combined net of disinvestment in Federa
Securities and sale of agency obligations in the market, and net receipts: From operations are shown in terms of the combined net of investment in Federal securities and redemption of agency obligations in the market.
1 See Table 3, footnote 4.
2 See Table 7, footnote 1.
3 Does not include revolving fund receipts representing acquired securities amounting to $1,643,070 (par value).
4 See Table 3, footnote 2.
5 See Table 3, footnote c.
Footnotes to Table 5
Includes reimbursements for administrative expenses by the Federal Old-Age and Survivors and the Federal Disability Insurance Trust funds, and beginning 1961, the Unemployment Trust Fund; reimbursement for refunds of employment and certain excise taxes (highway) through fiscal 1961; reimbursement by the District of Columbia; Federal National Mortgage Association for payment of dividends, interest, etc., from secondary market operations; and Federal intermediate credit banks' franchise tax and repayment of capital stock to the Treasury through December 1959 and before January 1960. Includes payment of franchise tax by banks for cooperatives beginning 1959, and also by Federal intermediate credit banks beginning January 1960. Includes relatively small amounts of deductions from salaries paid by Trust funds and Government-sponsored enterprises. Beginning with fiscal year 1953 excludes deductions from salaries of District of Columbia employees, and beginning with fiscal year 1959 excludes voluntary contributions.
2 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. 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. See Table 3, footnote 1. See Table 3, footnote 6. Less than $00,000,
Footnotes to Table 6
Adjusted amount in savings bonds and bills less interest paid on the bonds and bills redeemed.
Net interest due and accrued beginning June 30, 1951, effective date of the change in accounting and reporting from the old and payable basis to an accrual basis; for 1954, consists only of the net interest checks and coupons outstanding; net increase, or decrease (-).
Treasury In-branch expenditures at the time of issuance of the securities and as such expenditures at the time of their redemption; net increase, or redemption (-).
Issued in 1946 in exchange for adjusted service certificates held by veterans of World War I. The bonds matured in 1954.
2. Issued in 1947 in payment for accumulated leave. The last of these bonds matured in 1951.
5. 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 account units; net increase, or decrease (-).
* Less than $700,000.
Footnotes to Table 7
In this table, in accordance with treatment in Budget documents, net investment in United States securities by Government-sponsored enterprises includes a small amount by other enterprises regarded as representing net transactions with the public. In Table 2, under "Net Account and Other Transactions," these amounts are included with other trust accounts. "Net investment" includes investment representing acquired securities amounting to $59.3 billion (par value and loans), a derivative amounting to $5.5 billion, and value of securities held in trust, including a re
principles of the public debt, less interest paid on savings bonds and bills redeemed, 
Treated as noncash transactions at the time of issuance and as cash transactions 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 7. 
Market transactions in public debt securities and agency obligations, 
less than $10,000
February 1962
25
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 occasione, 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 permite 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 depository 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
(In millions of dollars)
<table><tr><th rowspan="2">End of fiscal year or month</th><th colspan="5">Treasury operating balance</th><th colspan="3">Assets</th><th rowspan="2">Total 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>Cold 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></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>4,369</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>100</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-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><tr><td>December</td><td>465</td><td>5,157</td><td>118</td><td>5,740</td><td>181</td><td>81</td><td>173</td><td>391</td><td>6,566</td><td>72</td><td>6,494</td></tr><tr><td>1962-January</td><td>362</td><td>3,552</td><td>117</td><td>4,031</td><td>209</td><td>104</td><td>259</td><td>456</td><td>5,059</td><td>77</td><td>4,981</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.
26
Treasury Bulletin
ACCOUNT OF THE TREASURER OF THE UNITED STATES
Table 2.- Analysis of Changes in Tax and Loan Account Balances (in millions of dollars)
<table><tr><th rowspan="2">Fiscal year or month</th><th colspan="5">Credits</th><th rowspan="2">With-drawals</th><th colspan="4">Balance</th></tr><tr><th>Proceeds from sales of securities 1/</th><th colspan="3">Taxes</th><th>Total credits</th><th>End of period</th><th colspan="3">During period</th></tr><tr><th></th><th>Savings bonds</th><th>Savings notes</th><th>Tax antici-pation securities</th><th>Other</th><th>Withheld and excise 2/</th><th>Income (by special arrange-ment) 2/</th><th></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>4,365</td><td>7,299</td><td>1,910</td><td>3,991</td></tr><tr><td>1956</td><td>3,810</td><td>-</td><td>6,035</td><td>786</td><td>23,897</td><td>4,611</td><td>39,140</td><td>38,871</td><td>4,533</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>45,443</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>62,094</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>7,142</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>1,562</td><td>5,026</td><td>4,379</td><td>6,165</td><td>5,362</td><td>2,084</td><td>3,809</td></tr><tr><td>1961-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>5,242</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>4,582</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>-</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>3,912</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><tr><td>December</td><td>225</td><td>-</td><td>-</td><td>-</td><td>3,491</td><td>1,539</td><td>5,256</td><td>5,029</td><td>5,157</td><td>5,312</td><td>2,171</td><td>3,869</td></tr><tr><td>1962-January</td><td>301</td><td>-</td><td>-</td><td>980</td><td>1,453</td><td>29</td><td>2,764</td><td>4,369</td><td>3,552</td><td>5,197</td><td>2,201</td><td>3,213</td></tr></table>
Source: Office of Fiscal Assistant Secretary; figures are on basis of telegraphic reports.
1/ Special depositaries are permitted to make payment in the form of 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 depository banks, as follows: Withheld income tax beginning
March 1948; taxes on employers and employees under the Federal Insurance Contributions Act beginning January 1950, and under the Railroad Retirement Tax Act beginning July 1951; and a number of excise taxes beginning July 1953.
2/ Under a special procedure begun in March 1951, authorization may be given for income tax payments, or a portion of them, made by checks of $10,000 or more drawn on a special depositary bank, to be credited to the tax and loan account in that bank. This procedure is followed during some of the quarterly periods of heavy tax payments.
February 1962
27
DEBT OUTSTANDING
Table 1.- Summary of Federal Securities
(in millions of dollars)
<table><tr><th rowspan="2">End of fiscal year or month</th><th colspan="3">Total outstanding</th><th colspan="3">Interest-bearing debt</th><th colspan="6">Matured debt and debt bearing no interest</th></tr><tr><th>Total 1/</th><th>Public debt 2/</th><th>Guaranteed securities 3/</th><th>Total</th><th>Public debt</th><th>Guaranteed securities 2/ 4/</th><th>Total</th><th colspan="4">Public debt</th><th>Guaranteed securities 3/ (matured)</th></tr><tr><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th>Total</th><th>Matured</th><th>International Monetary Fund</th><th>International 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>2,238</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>2,496</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-July</td><td>292,643</td><td>292,404</td><td>239</td><td>289,235</td><td>288,998</td><td>237</td><td>3,407</td><td>3,406</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><tr><td>December</td><td>296,499</td><td>296,169</td><td>330</td><td>293,019</td><td>292,689</td><td>330</td><td>3,480</td><td>3,480</td><td>463</td><td>2,388</td><td>115</td><td>25</td><td>488</td><td>*</td></tr><tr><td>1962-January</td><td>296,860</td><td>296,513</td><td>347</td><td>293,455</td><td>293,111</td><td>344</td><td>3,405</td><td>3,403</td><td>385</td><td>2,390</td><td>115</td><td>25</td><td>487</td><td>3</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 $500,000.
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">Total interest-bearing securities</th><th rowspan="2">Computed annual interest charge</th><th colspan="7">Computed annual interest rate</th><th rowspan="2">Guaranteed securities 1/</th></tr><tr><th>Amount outstanding</th><th>Public debt and guaranteed securities 1/</th><th>Total interest-bearing securities</th><th>Total public debt</th><th>Total 2/</th><th>Bills 3/</th><th>Certificate</th><th>Notes</th><th>Treasury bonds</th><th>Non-marketable issues 4/</th><th>Special issues</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>2.043</td><td>1.843</td><td>1.928</td><td>1.838</td><td>2.440</td><td>2.751</td><td>2.671</td><td>2.547</td></tr><tr><td>1955</td><td>271,785</td><td>271,741</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>2.654</td><td>2.625</td><td>2.075</td><td>2.485</td><td>2.824</td><td>2.705</td><td>2.606</td></tr><tr><td>1957</td><td>268,592</td><td>268,486</td><td>7,328</td><td>7,325</td><td>2.730</td><td>2.730</td><td>2.707</td><td>3.197</td><td>3.345</td><td>2.504</td><td>2.482</td><td>2.853</td><td>2.635</td><td>2.611</td></tr><tr><td>1958</td><td>274,798</td><td>274,698</td><td>7,248</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>2.806</td><td>2.576</td><td>2.892</td><td>2.630</td><td>2.622</td></tr><tr><td>1959</td><td>281,944</td><td>281,833</td><td>8,069</td><td>8,066</td><td>2.867</td><td>2.867</td><td>2.891</td><td>3.316</td><td>2.842</td><td>3.304</td><td>2.619</td><td>2.925</td><td>2.694</td><td>2.628</td></tr><tr><td>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>3.063</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>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>2.785</td><td>2.924</td></tr><tr><td>1961-July</td><td>289,235</td><td>288,998</td><td>8,849</td><td>8,841</td><td>3.065</td><td>3.065</td><td>3.048</td><td>2.565</td><td>3.073</td><td>3.703</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>3.082</td><td>3.082</td><td>3.072</td><td>2.584</td><td>3.000</td><td>3.662</td><td>2.862</td><td>3.329</td><td>2.835</td><td>3.159</td></tr><tr><td>September</td><td>291,043</td><td>290,773</td><td>8,993</td><td>8,984</td><td>3.096</td><td>3.096</td><td>3.093</td><td>2.605</td><td>3.000</td><td>3.657</td><td>2.890</td><td>3.332</td><td>2.827</td><td>3.211</td></tr><tr><td>October</td><td>293,007</td><td>292,709</td><td>9,059</td><td>9,049</td><td>3.098</td><td>3.098</td><td>3.096</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>3.294</td></tr><tr><td>November</td><td>293,918</td><td>293,604</td><td>9,160</td><td>9,150</td><td>3.123</td><td>3.123</td><td>3.133</td><td>2.646</td><td>3.000</td><td>3.615</td><td>2.961</td><td>3.338</td><td>2.817</td><td>3.318</td></tr><tr><td>December</td><td>293,019</td><td>292,689</td><td>9,167</td><td>9,156</td><td>3.135</td><td>3.135</td><td>3.146</td><td>2.701</td><td>3.000</td><td>3.614</td><td>2.966</td><td>3.350</td><td>2.823</td><td>3.332</td></tr><tr><td>1962-January</td><td>293,455</td><td>293,111</td><td>9,238</td><td>9,226</td><td>3.155</td><td>3.155</td><td>3.173</td><td>2.807</td><td>3.000</td><td>3.612</td><td>2.981</td><td>3.354</td><td>2.821</td><td>3.356</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.
28
Treasury Bulletin
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="7">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 Bank eligible</th><th>Treasury bonds Bank restricted 1/</th><th>Other bonds 2/</th><th>Total</th><th>U. S. savings bonds</th><th>Treasury bonds, investment series</th><th>Depository bonds</th><th>Other 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>274,698</td><td>228,452</td><td>166,675</td><td>22,406</td><td>32,920</td><td>20,416</td><td>90,883</td><td>-</td><td>50</td><td>61,777</td><td>51,984</td><td>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-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>45,573</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><tr><td>Dec.</td><td>292,689</td><td>249,169</td><td>195,965</td><td>43,444</td><td>5,509</td><td>71,526</td><td>75,486</td><td>-</td><td>-</td><td>53,205</td><td>47,458</td><td>5,074</td><td>154</td><td>519</td><td>43,520</td></tr><tr><td>1962-Jan.</td><td>293,111</td><td>250,806</td><td>197,628</td><td>43,947</td><td>5,509</td><td>71,574</td><td>76,598</td><td>-</td><td>-</td><td>53,178</td><td>47,500</td><td>5,008</td><td>148</td><td>522</td><td>42,304</td></tr></table>
Source: Daily Treasury statement. 1/ Issues which commercial banks (banks accepting demand deposits) were not permitted to acquire prior to specified dates, except that: (1) concurrently with the 4th, 5th, and 6th War Loans and the Victory Loan, they were permitted to subscribe for limited investment of their savings deposits; (2) they might temporarily acquire such issues through forfeiture of collateral; (3) they might hold a limited amount of such issues for trading purposes.
2/ Consists of Panama Canal bonds through May 1961, and also postal savings bonds until the last of these bonds matured on July 1, 1955.
2/ 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 franca beginning October 1961 and Italian lire beginning January 1962.
Table 4.- Average Length and Maturity Distribution of Marketable Interest-Bearing Public Debt
(In millions of dollars)
<table><tr><th>End of fiscal year or month</th><th>Amount outstanding</th><th colspan="5">Maturity classes</th><th>Average length</th></tr><tr><th></th><th></th><th>Within 1 year</th><th>1 - 5 years</th><th>5 - 10 years</th><th>10 - 20 years</th><th>20 years and over</th><th></th></tr><tr><td>1954</td><td>150,354</td><td>62,734</td><td>29,866</td><td>27,515</td><td>28,634</td><td>1,600</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-July</td><td>191,275</td><td>85,224</td><td>58,437</td><td>26,433</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. 5 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>21,930</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>13,428</td><td>4 yrs. 8 mos.</td></tr><tr><td>December</td><td>195,965</td><td>85,913</td><td>64,874</td><td>19,782</td><td>11,976</td><td>13,419</td><td>4 yrs. 7 mos.</td></tr><tr><td>1962-January</td><td>197,628</td><td>86,416</td><td>64,921</td><td>20,918</td><td>11,959</td><td>13,414</td><td>4 yrs. 6 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.
February 1962
29
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>3,345</td><td>8,024</td><td>24</td></tr><tr><td>1955.</td><td>43,250</td><td>835</td><td>-</td><td>200</td><td>18,239</td><td>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>718</td><td>325</td><td>50</td><td>19,463</td><td>103</td><td>7,394</td><td>1,200</td><td>404</td><td>5,570</td><td>5</td><td>3,475</td><td>7,996</td><td>123</td></tr><tr><td>1958.</td><td>46,246</td><td>673</td><td>996</td><td>165</td><td>18,610</td><td>112</td><td>7,738</td><td>1,144</td><td>822</td><td>5,665</td><td>-</td><td>3,531</td><td>6,671</td><td>120</td></tr><tr><td>1959.</td><td>44,756</td><td>629</td><td>1,533</td><td>165</td><td>17,227</td><td>116</td><td>8,608</td><td>1,127</td><td>429</td><td>5,742</td><td>*</td><td>3,417</td><td>5,636</td><td>126</td></tr><tr><td>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-July.</td><td>44,198</td><td>556</td><td>2,277</td><td>50</td><td>15,664</td><td>146</td><td>10,464</td><td>1,041</td><td>227</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>562</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>162</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><tr><td>December.</td><td>43,520</td><td>543</td><td>2,237</td><td>50</td><td>15,076</td><td>120</td><td>10,718</td><td>1,025</td><td>75</td><td>5,679</td><td>-</td><td>3,135</td><td>4,707</td><td>153</td></tr><tr><td>1962-January.</td><td>42,304</td><td>538</td><td>2,170</td><td>78</td><td>14,227</td><td>120</td><td>10,764</td><td>1,021</td><td>80</td><td>5,677</td><td>-</td><td>3,045</td><td>4,430</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.
30
Treasury Bulletin
DEBT OUTSTANDING
Table 6.- Treasury Holdings of Securities Issued by Government Corporations and Other Agencies
(In millions of dollars)
<table><tr><th rowspan="2">End of fiscal year or month</th><th rowspan="2">Total</th><th colspan="3">Agriculture Department</th><th colspan="3">Housing and Home Finance Agency</th><th rowspan="2">Agency for International Development 5/</th><th rowspan="2">Reconstruction Finance Corporation 6/</th><th rowspan="2">Saint Lawrence Seaway Development Corporation</th><th rowspan="2">Tenn. Valley Authority</th><th rowspan="2">Veterans' Administration: Direct loan program</th><th rowspan="2">Under Defense Production Act of 1950 7/</th><th rowspan="2">Other 8/</th></tr><tr><th>Commodity Credit Corporation</th><th>Rural Electrification Administration</th><th>Secretary: Farmers' Home Administration programs 1/</th><th>Export-Import Bank of Washington 2/</th><th>Administrator 3/</th><th>Federal National Mortgage Association 4/</th><th>Public Housing Administra-tion</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>24</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>1,960</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>23,731</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>29,636</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>3,302</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-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><tr><td>Dec.</td><td>27,527</td><td>11,952</td><td>3,423</td><td>695</td><td>2,000</td><td>1,356</td><td>3,333</td><td>30</td><td>1,093</td><td>-</td><td>121</td><td>-</td><td>1,530</td><td>1,971</td><td>22</td></tr><tr><td>1962-Jan.</td><td>27,789</td><td>12,035</td><td>3,498</td><td>719</td><td>2,016</td><td>1,388</td><td>3,309</td><td>33</td><td>1,092</td><td>-</td><td>121</td><td>-</td><td>1,530</td><td>1,965</td><td>22</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 1961 Combined Statement of Receipts, Expenditures and Balances of the United States Government, page 494.
1. Farm housing and other loan programs, and Agricultural Credit Insurance Fund (formerly Farm Tenant Mortgage Insurance Fund). Excludes securities issued under Defense Production Act.
2. 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, $32 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.
February 1962
31
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-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>8,311</td><td>445</td><td>1,334</td><td>1,715</td><td>2,431</td><td>-</td><td>2,287</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><tr><td>December</td><td>8,574</td><td>434</td><td>1,571</td><td>1,585</td><td>2,431</td><td>-</td><td>2,453</td><td>100</td></tr><tr><td>1962-January</td><td>8,819</td><td>434</td><td>1,683</td><td>1,569</td><td>2,431</td><td>-</td><td>2,602</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.
2/ Figures do not include securities which are issued for use as collateral for commercial bank borrowing and not as a part of public offerings.
32
Treasury Bulletin
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 (aot approved February 26, 1958); $10 billion beginning on July 1, 1959, and ending on June 30, 1960 (act approved June 30, 1959); $8 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 (aot 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, January 31, 1962
(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>296,076</td></tr><tr><td>Guaranteed securities held outside the Treasury.</td><td>347</td></tr><tr><td>Total amount of securities outstanding subject to statutory debt limitation.</td><td>296,422</td></tr><tr><td>Balance issuable under limitation.</td><td>1,578</td></tr><tr><td>Source: Daily Treasury statement.</td><td></td></tr></table>
Table 2.- Application of Limitation to Public Debt and Guaranteed Securities Outstanding January 31, 1962
(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>Public debt:</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>43,947</td><td>-</td><td>43,947</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>71,574</td><td>-</td><td>71,574</td></tr><tr><td>Treasury bonds</td><td>76,598</td><td>-</td><td>76,598</td></tr><tr><td>Total marketable</td><td>197,628</td><td>-</td><td>197,628</td></tr><tr><td>Nonmarketable:</td><td></td><td></td><td></td></tr><tr><td>Certificates of indebtedness, foreign series</td><td>450</td><td>-</td><td>450</td></tr><tr><td>Certificates of indebtedness, foreign currency series</td><td>48</td><td>-</td><td>48</td></tr><tr><td>U. S. savings bonds (current redemption value)</td><td>47,500</td><td>-</td><td>47,500</td></tr><tr><td>Depository bonds</td><td>148</td><td>-</td><td>148</td></tr><tr><td>Treasury bonds, investment series</td><td>5,008</td><td>-</td><td>5,008</td></tr><tr><td>Treasury bonds, R. E. A. series</td><td>24</td><td>-</td><td>24</td></tr><tr><td>Total nonmarketable</td><td>53,178</td><td>-</td><td>53,178</td></tr><tr><td>Special issues to Government agencies and trust funds</td><td>42,304</td><td>-</td><td>42,304</td></tr><tr><td>Total interest-bearing securities</td><td>293,111</td><td>-</td><td>293,111</td></tr><tr><td>Matured securities on which interest has ceased</td><td>382</td><td>3</td><td>385</td></tr><tr><td>Debt bearing no interest:</td><td></td><td></td><td></td></tr><tr><td>United States savings stamps</td><td>52</td><td>-</td><td>52</td></tr><tr><td>Excess profits tax refund bonds</td><td>1</td><td>-</td><td>1</td></tr><tr><td>Special notes of the United States:</td><td></td><td></td><td></td></tr><tr><td>International Monetary Fund series</td><td>,390</td><td>-</td><td>2,390</td></tr><tr><td>International Development Association series</td><td>115</td><td>-</td><td>115</td></tr><tr><td>Inter-American Development Bank series</td><td>25</td><td>-</td><td>25</td></tr><tr><td>United States notes (less gold reserve)</td><td>-</td><td>191</td><td>191</td></tr><tr><td>Deposits for retirement of national bank and Federal Reserve Bank notes</td><td>-</td><td>142</td><td>142</td></tr><tr><td>Other debt bearing no interest</td><td>-</td><td>102</td><td>102</td></tr><tr><td>Total debt bearing no interest</td><td>2,583</td><td>435</td><td>3,017</td></tr><tr><td>Total public debt</td><td>296,076</td><td>438</td><td>296,513</td></tr><tr><td>Guaranteed securities: 1/</td><td></td><td></td><td></td></tr><tr><td>Interest-bearing</td><td>344</td><td>-</td><td>344</td></tr><tr><td>Matured</td><td>3</td><td>-</td><td>3</td></tr><tr><td>Total guaranteed securities</td><td>347</td><td>-</td><td>347</td></tr><tr><td>Total public debt and guaranteed securities</td><td>296,422</td><td>438</td><td>296,860</td></tr></table>
Source: Daily Treasury statement.
1/
Held outside the Treasury.
February 1962
33
PUBLIC DEBT OPERATIONS
Table 1.- Maturity Schedule of Interest-Bearing Public Marketable Securities Outstanding January 31, 1962
Other Than Regular Weekly Treasury Bills
(in millions of dollars)
<table><tr><th rowspan="2">Year and month of final maturity 1/</th><th rowspan="2">Description of security</th><th colspan="3">Amount of maturities</th><th rowspan="2">Year and month of final maturity 1/</th><th rowspan="2">Description of security</th><th colspan="3">Amount of maturities</th></tr><tr><th>Total</th><th>U. S. Govt. investment accounts and Fed. Res. Banks</th><th>All other investors</th><th>Total</th><th>U. S. Govt. investment accounts and Fed. Res. Banks</th><th>All other investors</th></tr><tr><td>1962</td><td></td><td></td><td></td><td></td><td>1963</td><td></td><td></td><td></td><td></td></tr><tr><td>Feb....</td><td>3-5/8% Note 4% Note 3-1/4% Note</td><td>- 2/15/62-A 2/15/62-D 2/15/62-F</td><td>647 1,435 9,098</td><td>33 26 4,852</td><td>614 1,409 4,246</td><td>3.366% Bill</td><td>- 1/15/63</td><td>2,001</td><td>287</td><td>1,714</td></tr><tr><td></td><td></td><td></td><td></td><td></td><td>Feb....</td><td>2-5/8% Note 3-1/4% Note</td><td>- 2/15/63-A 2/15/63-E</td><td>2,839 3,642</td><td>171 102</td><td>2,668 3,540</td></tr><tr><td>Mar....</td><td>2.484% Bill (tax ant.)</td><td>- 3/23/62</td><td>3,503</td><td>136</td><td>3,367</td><td>Apr....</td><td>1-1/2% Note</td><td>- 4/1/63-EA</td><td>533</td><td>-</td><td>533</td></tr><tr><td></td><td></td><td></td><td></td><td></td><td>May....</td><td>4% Note 3-1/4% Note</td><td>- 5/15/63-B 5/15/63-D</td><td>1,743 5,047</td><td>71 986</td><td>1,672 4,002</td></tr><tr><td>Apr....</td><td>1-1/2% Note 2.827% Bill</td><td>- 4/1/62-EA 4/15/62</td><td>551 2,000</td><td>25 164</td><td>526 1,836</td><td>Aug....</td><td>2-1/2% Bond</td><td>- 8/15/63</td><td>4,317</td><td>32</td><td>4,285</td></tr><tr><td></td><td></td><td></td><td></td><td></td><td>Oct....</td><td>1-1/2% Note</td><td>- 10/1/63-EO</td><td>506</td><td>-</td><td>506</td></tr><tr><td>May....</td><td>3% Certificate 4% Note</td><td>- 5/15/62-A 5/15/62-E</td><td>5,509 2,211</td><td>1,785 152</td><td>3,724 2,059</td><td>Nov....</td><td>4-7/8% Note</td><td>- 11/15/63-C</td><td>3,011</td><td>158</td><td>2,853</td></tr><tr><td></td><td></td><td></td><td></td><td></td><td>Total</td><td></td><td></td><td>23,641</td><td>1,807</td><td>21,834</td></tr><tr><td>June....</td><td>2-1/4% Bond 2-3/4% Bond 2.705% Bill (tax ant.)</td><td>- 6/15/59-62 12/15/60-65 6/22/62</td><td>3,964 1,485 2,511</td><td>499 -</td><td>3,464 1,1485 2,511</td><td>1964</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td>Feb....</td><td>3% Bond</td><td>- 2/15/64</td><td>3,854</td><td>161</td><td>3,693</td></tr><tr><td>July....</td><td>2.908% Bill</td><td>- 7/15/62</td><td>2,004</td><td>234</td><td>1,769</td><td>Apr....</td><td>1-1/2% Note</td><td>- 4/1/64-EA</td><td>457</td><td>-</td><td>457</td></tr><tr><td></td><td></td><td></td><td></td><td></td><td>May....</td><td>4-3/4% Note 3-3/4% Note</td><td>- 5/15/64-A 5/15/64-D</td><td>4,933 3,893</td><td>2,840 284</td><td>2,093 3,609</td></tr><tr><td>Aug....</td><td>4% Note 3-1/4% Note</td><td>- 8/15/62-B 8/15/62-G</td><td>158 7,325</td><td>- 3,703</td><td>158 3,622</td><td>Aug....</td><td>5% Note 3-3/4% Note</td><td>- 8/15/64-B 8/15/64-E</td><td>2,316 5,019</td><td>193 1,701</td><td>2,123 3,318</td></tr><tr><td></td><td></td><td></td><td></td><td></td><td>Oct....</td><td>1-1/2% Note</td><td>- 10/1/64-EO</td><td>490</td><td>-</td><td>490</td></tr><tr><td>Oct....</td><td>1-1/2% Note 2.975% Bill</td><td>- 10/1/62-EO 10/15/62</td><td>590 2,003</td><td>- 240</td><td>590 1,764</td><td>Nov....</td><td>4-7/8% Note</td><td>- 11/15/64-C</td><td>4,195</td><td>2,291</td><td>1,904</td></tr><tr><td></td><td></td><td></td><td></td><td></td><td>Total</td><td></td><td></td><td>25,157</td><td>7,469</td><td>17,687</td></tr><tr><td>Nov....</td><td>3-3/4% Note 3-1/4% Note</td><td>- 11/15/62-C 11/15/62-H</td><td>1,143 6,082</td><td>35 3,380</td><td>1,108 2,702</td><td>1965</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><
Footnotes at end of table.
(Continued on following page)
34
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 1.- Maturity Schedule of Interest-Bearing Public Marketable Securities Outstanding January 31, 1962 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></td><td></td><td></td><td></td><td>1972</td><td></td><td></td><td></td><td></td></tr><tr><td>April</td><td>1-1/2% Note - 4/1/66-EA</td><td>675</td><td>-</td><td>675</td><td>June</td><td>2-1/2% Bond - 6/15/67-72</td><td>1,757</td><td>182</td><td>1,575</td></tr><tr><td>May</td><td>3-3/4% Bond - 5/15/66</td><td>3,597</td><td>177</td><td>3,421</td><td>Sept.</td><td>2-1/2% Bond - 9/15/67-72</td><td>2,716</td><td>360</td><td>2,356</td></tr><tr><td>Aug.</td><td>3% Bond - 8/15/66</td><td>1,484</td><td>138</td><td>1,347</td><td>Dec.</td><td>2-1/2% Bond - 12/15/67-72</td><td>3,515</td><td>288</td><td>3,227</td></tr><tr><td>Oct.</td><td>1-1/2% Note - 10/1/66-EO</td><td>141</td><td>-</td><td>141</td><td></td><td>Total</td><td>7,989</td><td>830</td><td>7,159</td></tr><tr><td>Nov.</td><td>3-3/8% Bond - 11/15/66</td><td>2,438</td><td>157</td><td>2,281</td><td>1974</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Total</td><td>8,335</td><td>471</td><td>7,864</td><td>Nov.</td><td>3-7/8% Bond - 11/15/74</td><td>1,171</td><td>357</td><td>814</td></tr><tr><td>1967</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>June</td><td>2-1/2% Bond - 6/15/62-67</td><td>1,463</td><td>175</td><td>1,288</td><td>1980</td><td></td><td></td><td></td><td></td></tr><tr><td>Nov.</td><td>3-5/8% Bond - 11/15/67</td><td>3,604</td><td>718</td><td>2,886</td><td>Feb.</td><td>4% Bond - 2/15/80</td><td>884</td><td>104</td><td>780</td></tr><tr><td></td><td>Total</td><td>5,067</td><td>893</td><td>4,174</td><td>Nov.</td><td>3-1/2% Bond - 11/15/80</td><td>1,916</td><td>676</td><td>1,240</td></tr><tr><td>1968</td><td></td><td></td><td></td><td></td><td></td><td>Total</td><td>2,800</td><td>780</td><td>2,020</td></tr><tr><td>May</td><td>3-7/8% Bond - 5/15/68</td><td>2,460</td><td>377</td><td>2,083</td><td>1983</td><td></td><td></td><td></td><td></td></tr><tr><td>Dec.</td><td>2-1/2% Bond - 12/15/63-68</td><td>1,818</td><td>227</td><td>1,591</td><td>June</td><td>3-1/4% Bond - 6/15/78-83</td><td>1,595</td><td>174</td><td>1,421</td></tr><tr><td></td><td>Total</td><td>4,278</td><td>603</td><td>3,675</td><td>1985</td><td></td><td></td><td></td><td></td></tr><tr><td>1969</td><td></td><td></td><td></td><td></td><td>May</td><td>3-1/4% Bond - 5/15/85</td><td>1,132</td><td>157</td><td>974</td></tr><tr><td>June</td><td>2-1/2% Bond - 6/15/64-69</td><td>2,636</td><td>464</td><td>2,172</td><td></td><td>4-1/4% Bond - 5/15/75-85</td><td>470</td><td>114</td><td>356</td></tr><tr><td>Oct.</td><td>4% Bond - 10/1/69</td><td>2,538</td><td>304</td><td>2,234</td><td>Total</td><td>1,601</td><td>271</td><td>1,330</td></tr><tr><td>Dec.</td><td>2-1/2% Bond - 12/15/64-69</td><td>2,553</td><td>524</td><td>2,029</td><td>1990</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Total</td><td>7,727</td><td>1,292</td><td>6,435</td><td>Feb.</td><td>3-1/2% Bond - 2/15/90</td><td>4,016</td><td>793</td><td>3,223</td></tr><tr><td>1970</td><td></td><td></td><td></td><td></td><td>1995</td><td></td><td></td><td></td><td></td></tr><tr><td>Mar.</td><td>2-1/2% Bond - 3/15/65-70</td><td>2,429</td><td>759</td><td>1,670</td><td>Feb.</td><td>3% Bond - 2/15/95</td><td>2,673</td><td>177</td><td>2,496</td></tr><tr><td>1971</td><td></td><td></td><td></td><td></td><td>1998</td><td></td><td></td><td></td><td></td></tr><tr><td>Mar.</td><td>2-1/2% Bond - 3/15/66-71</td><td>1,418</td><td>384</td><td>1,034</td><td>Nov.</td><td>3-1/2% Bond - 11/15/98</td><td>3,529</td><td>671</td><td>2,858</td></tr></table>
Source: Daily Treasury statement and Office of Debt Analysis in the Office of the Secretary.
date. For date of issue of each security, see "Market Quotations. 2/ Income is partially exempt from income tax.
1/ Except partially tax-exempt bonds, which are shown at earliest call
* Less than $500,000.
February 1962
35
PUBLIC DEBT OPERATIONS
Table 2.- Offerings of Treasury Bills
(Amounts in millions of dollars)
<table><tr><th>Issue date</th><th>Maturity date</th><th>Number of days to maturity</th><th>Amount of bids tendered</th><th colspan="4">Amount of bids accepted</th><th>Amount maturing on issue date of new offering</th><th>Total of unmatured issues outstanding after new issues</th></tr><tr><th></th><th></th><th></th><th></th><th>Total amount</th><th>On competitive basis</th><th>On noncompetitive basis</th><th>In exchange</th><th></th><th></th></tr><tr><td colspan="10">Regular weekly bills:</td></tr><tr><td>1961-Oct. 5</td><td>1962-Jan. Apr. 5</td><td>91 182</td><td>1,666.0 1,304.9</td><td>1,100.3 600.2</td><td>923.2 559.8</td><td>177.1 40.5</td><td>68.7 51.9</td><td>1,100.5 600.2</td><td>14,314.5 14,602.5</td></tr><tr><td>Oct. 13</td><td>Jan. Apr. 12</td><td>90 181</td><td>2,107.4 1,101.2</td><td>1,100.4 600.1</td><td>887.0 547.8</td><td>213.4 52.4</td><td>120.7 2.9</td><td>1,100.9 600.5</td><td>14,314.0 14,602.2</td></tr><tr><td>Oct. 19</td><td>Jan. Apr. 19</td><td>91 182</td><td>2,221.0 1,112.7</td><td>1,100.2 600.4</td><td>858.6 540.2</td><td>241.6 60.2</td><td>113.2 3.0</td><td>1,100.0 500.4</td><td>14,314.2 14,702.2</td></tr><tr><td>Oct. 26</td><td>Jan. Apr. 26</td><td>91 182</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>130.5 53.3</td><td>1,099.9 500.2</td><td>14,315.6 14,802.1</td></tr><tr><td>Nov. 2</td><td>Feb. May 3</td><td>91 182</td><td>2,156.5 1,530.0</td><td>1,099.9 600.4</td><td>885.0 544.1</td><td>214.9 56.3</td><td>178.8 80.8</td><td>1,101.3 600.4</td><td>14,314.2 14,802.1</td></tr><tr><td>Nov. 9</td><td>Feb. May 10</td><td>91 182</td><td>1,976.6 1,146.2</td><td>1,204.9 500.3</td><td>975.5 445.4</td><td>229.5 54.9</td><td>118.7 63.5</td><td>1,100.2 600.5</td><td>14,419.0 14,701.9</td></tr><tr><td>Nov. 15</td><td>1961-Dec. Dec. 21</td><td>22 36</td><td></td><td></td><td></td><td></td><td></td><td></td><td>14,419.0 15,502.0</td></tr><tr><td>Nov. 15</td><td>1962-Jan. Jan. 11</td><td>50 57</td><td>1,519.3</td><td>800.1</td><td>791.2</td><td>8.9</td><td>-</td><td>-</td><td>15,502.0</td></tr><tr><td>Nov. 16</td><td>Jan. Jan. 18</td><td>64 71</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Nov. 16</td><td>Feb. May 17</td><td>91 182</td><td>2,224.0 1,096.9</td><td>1,100.2 600.1</td><td>842.6 539.0</td><td>257.6 61.1</td><td>119.0 63.4</td><td>1,100.8 600.8</td><td>14,418.3 15,501.2</td></tr><tr><td>Nov. 24</td><td>Feb. May 24</td><td>91 181</td><td>1,946.2 1,239.2</td><td>1,100.5 600.7</td><td>873.4 545.2</td><td>227.1 55.5</td><td>117.1 39.1</td><td>1,100.8 600.3</td><td>14,418.0 15,501.7</td></tr><tr><td>Nov. 30</td><td>Mar. May 31</td><td>91 182</td><td>2,061.4 1,035.7</td><td>1,100.0 600.1</td><td>385.8 550.6</td><td>214.2 49.5</td><td>75.2 34.5</td><td>1,100.3 600.4</td><td>14,417.7 15,501.4</td></tr><tr><td>Dec. 7</td><td>Mar. June 7</td><td>91 182</td><td>2,233.0 1,035.5</td><td>1,102.4 600.6</td><td>891.2 548.8</td><td>211.2 51.8</td><td>87.2 42.5</td><td>1,109.1 600.4</td><td>14,411.0 15,501.7</td></tr><tr><td>Dec. 14</td><td>Mar. June 14</td><td>91 182</td><td>2,074.5 1,375.0</td><td>1,101.0 600.8</td><td>862.4 543.1</td><td>238.5 57.7</td><td>92.2 39.5</td><td>1,101.0 600.4</td><td>14,411.0 15,502.1</td></tr><tr><td>Dec. 21</td><td>Mar. June 21</td><td>91 182</td><td>2,326.7 1,116.2</td><td>1,104.7 601.6</td><td>861.9 548.2</td><td>242.8 53.4</td><td>119.2 53.8</td><td>1,099.8 600.8</td><td>14,415.9 15,502.9</td></tr><tr><td>Dec. 28p</td><td>Mar. June 28</td><td>91 182</td><td>1,912.3 1,160.8</td><td>1,101.8 600.6</td><td>910.1 553.4</td><td>191.7 47.3</td><td>82.2 43.5</td><td>1,100.2 600.2</td><td>14,417.5 15,503.3</td></tr><tr><td>1962-Jan. 4p</td><td>Apr. July 5</td><td>91 182</td><td>1,988.7 1,050.1</td><td>1,100.8 600.5</td><td>930.0 563.5</td><td>170.8 37.0</td><td>79.9 46.1</td><td>1,100.3 600.0</td><td>14,418.0 15,503.8</td></tr><tr><td>Jan. 11p</td><td>Apr. July 12</td><td>91 182</td><td>2,107.8 1,132.3</td><td>1,100.8 599.9</td><td>855.0 542.1</td><td>245.8 57.9</td><td>12.0 2.6</td><td>1,100.4 600.2</td><td>14,418.5 15,503.6</td></tr><tr><td>Jan. 18p</td><td>Apr. July 19</td><td>91 182</td><td>2,159.0 1,306.4</td><td>1,101.7 600.5</td><td>840.8 537.1</td><td>260.9 63.3</td><td>122.0 53.7</td><td>1,100.2 599.9</td><td>14,420.0 15,504.1</td></tr><tr><td>Jan. 25p</td><td>Apr. July 26</td><td>91 182</td><td>2,326.0 1,116.3</td><td>1,101.6 600.0</td><td>888.1 552.0</td><td>213.5 48.0</td><td>138.8 51.6</td><td>1,101.3 600.1</td><td>14,420.3 15,504.1</td></tr><tr><td colspan="10">Tax anticipation bills:</td></tr><tr><td>1961-July 26</td><td>1962-Mar. 21</td><td>240</td><td>5,148.9</td><td>3,502.9</td><td>2,989.3</td><td>513.6</td><td>-</td><td>-</td><td>5,005.8</td></tr><tr><td>Sept. 27</td><td>June 22</td><td>268</td><td>5,131.5</td><td>2,510.9</td><td>1,999.1</td><td>511.8</td><td>-</td><td>1,502.9</td><td>6,013.7</td></tr><tr><td colspan="10">Other bills:</td></tr><tr><td>1960-Oct. 17</td><td>1961-Oct. 16</td><td>364</td><td>3,301.9</td><td>1,502.2</td><td>1,311.7</td><td>190.5</td><td>15.7</td><td>2,006.6</td><td>6,507.2</td></tr><tr><td>1961-Jan. 15</td><td>1962-Jan. 15</td><td>369</td><td>3,078.0</td><td>1,501.7</td><td>1,353.4</td><td>148.3</td><td>92.1</td><td>1,503.7</td><td>6,505.1</td></tr><tr><td>Apr. 15</td><td>Apr. 15</td><td>369</td><td>4,116.5</td><td>2,000.5</td><td>1,821.6</td><td>178.9</td><td>186.0</td><td>2,000.8</td><td>6,504.8</td></tr><tr><td>July 15</td><td>July 15</td><td>365</td><td>4,174.1</td><td>2,003.5</td><td>1,792.5</td><td>211.0</td><td>9.6</td><td>1,500.5</td><td>7,007.8</td></tr><tr><td>Oct. 16</td><td>Oct. 15</td><td>364</td><td>3,756.8</td><td>2,003.5</td><td>1,863.9</td><td>139.5</td><td>10.6</td><td>1,502.2</td><td>7,509.1</td></tr><tr><td>1962-Jan. 15p</td><td>1963-Jan. 15</td><td>369</td><td>3,650.9</td><td>2,001.3</td><td>1,810.8</td><td>190.4</td><td>138.7</td><td>1,501.7</td><td>8,008.7</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/ The 13-week bills represent additional issues of bills with an original maturity of 26 weeks. 
2/ For 13-week issues, tenders for $200,000 or less, and for 26-week issues, beginning June 11, 1999, tenders for $100,000 or less from any one bidder are accepted in full at average price on accepted
2/ Includes "strip" bills issued June 14, 1961.
4/ An additional $100,007,000 each of eight series of outstanding weekly bills were issued in a "strip" for cash.
5/ Includes "strip" bills issued November 15, 1961.
6/ September 22, 1961, maturity.
(Continued on following page)
36
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 2.- Offerings of Treasury Bills - (Continued)
<table><tr><th rowspan="2">Issue date</th><th colspan="2">On total bids accepted</th><th colspan="4">On competitive bids accepted</th></tr><tr><th>Average price per hundred</th><th>Equivalent average rate 2/ (Percent)</th><th colspan="2">High</th><th colspan="2">Low</th></tr><tr><th></th><th></th><th></th><th>Price per hundred</th><th>Equivalent rate 2/ (Percent)</th><th>Price per hundred</th><th>Equivalent rate 2/ (Percent)</th></tr><tr><td colspan="7">Regular weekly bills:</td></tr><tr><td>1-Lt.</td><td>(99.418 98.643</td><td>2.302 2.683</td><td>99.435 98.650 8/</td><td>2.235 2.670</td><td>99.408 98.641</td><td>2.342 2.688</td></tr><tr><td>13.</td><td>(99.403 98.561</td><td>2.389 2.684</td><td>99.410 98.660 10/</td><td>2.360 2.665</td><td>99.401 98.646</td><td>2.396 2.693</td></tr><tr><td>1</td><td>(99.398 98.618</td><td>2.382 2.734</td><td>99.405 98.624 11/</td><td>2.334 2.722</td><td>99.395 98.613</td><td>2.393 2.774</td></tr><tr><td>26.</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>99.411 98.629</td><td>2.334 2.711</td></tr><tr><td>2.</td><td>(99.424 98.679</td><td>2.280 2.613</td><td>99.428 98.686</td><td>2.262 2.599</td><td>99.411 98.677</td><td>2.312 2.617</td></tr><tr><td>1.</td><td>(99.436 98.709</td><td>2.343 2.554</td><td>99.413 99.402</td><td>2.322 2.360</td><td>98.718 98.706</td><td>2.36 2.560</td></tr><tr><td>1.</td><td>99.706</td><td>2.277</td><td>99.717</td><td>2.175</td><td>99.700</td><td>2.321</td></tr><tr><td>1.</td><td>(99.364 98.664</td><td>2.516 2.721</td><td>99.372 98.618 12/</td><td>2.488 2.694</td><td>99.361 98.614</td><td>2.5.8 2.777</td></tr><tr><td>24.</td><td>(99.359 98.620</td><td>2.537 2.734</td><td>99.373 98.741</td><td>2.520 2.721</td><td>99.374 98.623</td><td>2.556 2.739</td></tr><tr><td>1.</td><td>(99.341 98.581</td><td>2.500 2.817</td><td>99.346 98.547</td><td>2.587 2.774</td><td>99.339 98.547</td><td>2.611 2.824</td></tr><tr><td>1.</td><td>(99.337 98.551</td><td>2.524 2.812</td><td>99.340 98.764 15/</td><td>2.587 2.84</td><td>99.332 98.744</td><td>2.611 2.880</td></tr><tr><td>1.</td><td>(99.343 98.547</td><td>2.579 2.874</td><td>99.342 98.555</td><td>2.594 2.818</td><td>99.340 98.544</td><td>2.587 2.880</td></tr><tr><td>1.</td><td>(99.325 98.526</td><td>2.670 2.915</td><td>99.331 98.541 18/</td><td>2.647 2.892</td><td>99.322 98.520</td><td>2.698 2.927</td></tr><tr><td>1.</td><td>(99.344 98.562</td><td>2.594 2.845</td><td>99.351 98.572</td><td>2.571 2.825</td><td>99.332 98.540</td><td>2.611 2.868</td></tr><tr><td>1.</td><td>(99.317 98.513</td><td>2.703 2.941</td><td>99.321 98.528 1/</td><td>2.676 2.912</td><td>99.312 98.509</td><td>2.722 2.969</td></tr><tr><td>14.</td><td>(99.286 98.447</td><td>2.824 3.73</td><td>99.296 98.462 23/</td><td>2.785 2.940</td><td>99.283 98.428</td><td>2.836 3.900</td></tr><tr><td>17.</td><td>(99.300 98.499</td><td>2.770 2.970</td><td>99.305 98.477</td><td>2.741 2.931</td><td>99.297 98.446</td><td>2.781 2.975</td></tr><tr><td>1.</td><td>(99.321 98.546</td><td>2.688 2.875</td><td>99.322 98.558</td><td>2.676 2.852</td><td>99.314 98.537</td><td>2.694 2.894</td></tr><tr><td colspan="7">Regular season bills:</td></tr><tr><td>1-Lt.</td><td>98.344</td><td>2.484</td><td>18.440</td><td>2.440</td><td>28.36</td><td>2.720</td></tr><tr><td>1.</td><td>97.986</td><td>2.705</td><td>18.641</td><td>2.637</td><td>27.375</td><td>2.720</td></tr><tr><td colspan="7">10-Lt. bills:</td></tr><tr><td>1.</td><td>96.834</td><td>3.131</td><td>26.891</td><td>3.10</td><td>90.81</td><td>3.13</td></tr><tr><td>1.</td><td>97.283</td><td>2.679</td><td>27.318</td><td>2.794</td><td>27.202</td><td>2.700</td></tr><tr><td>Apr. 1.</td><td>97.134</td><td>2.827</td><td>27.171 17/</td><td>2.790</td><td>27.117</td><td>2.843</td></tr><tr><td>July 1.</td><td>97.051</td><td>2.908</td><td>27.101</td><td>2.821</td><td>27.71</td><td>2.742</td></tr><tr><td>1.</td><td>96.092</td><td>2.975</td><td>27.037 21/</td><td>2.915</td><td>26.929</td><td>2.988</td></tr><tr><td>Dec.15.</td><td>95.999</td><td>3.366</td><td>26.631 28/</td><td>3.34</td><td>26.172</td><td>3.321</td></tr></table>
k discount term.
Except $200,000 at 14.4%, and $1,000 at 14.4%.
Except $128,000 at 14.4%, and $1,000 at 14.4%.
Except $200,000 at 14.6%, and $1,000 at 14.6%.
Except $200,000 at 14.4%, $1,000 at 14.4%, and $1,000 at 14.4%.
Except $200,000 at 14.7%, and $1,000 at 14.7%.
Except $100,000 at 14.3%.
Except $100,000 at 14.3%.
Except $100,000 at 14.3%.
Except $100,000 at 14.3%, and $33,000 at 14.3%.
Except $1,300,000 at 14.1%.
24 Exhibit A, Exhibit B, Exhibit C, Exhibit D, Exhibit E, Exhibit F, Exhibit G, Exhibit H, Exhibit I, Exhibit J, Exhibit K, Exhibit L, Exhibit M, Exhibit N, Exhibit O, Exhibit P, Exhibit Q, Exhibit R, Exhibit S, Exhibit T, Exhibit U, Exhibit V, Exhibit W, Exhibit X, Exhibit Y, Exhibit Z, Exhibit AA, Exhibit AB, Exhibit AC, Exhibit AD, Exhibit AE, Exhibit AF, Exhibit AG, Exhibit AH, Exhibit AI, Exhibit AJ, Exhibit AK, Exhibit AL, Exhibit AM, Exhibit AN, Exhibit AO, Exhibit AP, Exhibit AQ, Exhibit AR, Exhibit AS, Exhibit AT, Exhibit AU, Exhibit AV, Exhibit AW, Exhibit AX, Exhibit AY, Exhibit AZ, Exhibit BA, Exhibit BB, Exhibit BC, Exhibit BD, Exhibit BE, Exhibit BF, Exhibit BG, Exhibit BH, Exhibit BI, Exhibit BJ, Exhibit BK, Exhibit BL, Exhibit BM, Exhibit BN, Exhibit BO, Exhibit BP, Exhibit BQ, Exhibit BR, Exhibit BS, Exhibit BT, Exhibit BU, Exhibit BV, Exhibit BW, Exhibit BX, Exhibit BY, Exhibit BZ, Exhibit CA, Exhibit CB, Exhibit CC, Exhibit CD, Exhibit CE, Exhibit CF, Exhibit CG, Exhibit CH, Exhibit CI, Exhibit CJ, Exhibit CK, Exhibit CL, Exhibit CM, Exhibit CN, Exhibit CO, Exhibit CP, Exhibit CQ, Exhibit CR, Exhibit CS, Exhibit CT, Exhibit CU, Exhibit CV, Exhibit CW, Exhibit CX, Exhibit CY, Exhibit CZ, Exhibit DA, Exhibit DB, Exhibit DC, Exhibit DD, Exhibit DE, Exhibit DF, Exhibit DG, Exhibit DH, Exhibit DI, Exhibit DJ, Exhibit DK, Exhibit DL, Exhibit DM, Exhibit DN, Exhibit DO, Exhibit DP, Exhibit DQ, Exhibit DR, Exhibit DS, Exhibit DT, Exhibit DU, Exhibit DV, Exhibit DW, Exhibit DX, Exhibit DY, Exhibit DZ, Exhibit EA, Exhibit EB, Exhibit EC, Exhibit ED, Exhibit EE, Exhibit EF, Exhibit EG, Exhibit EH, Exhibit EI, Exhibit EJ, Exhibit EK, Exhibit EL, Exhibit EM, Exhibit EN, Exhibit EO, Exhibit EP, Exhibit EQ, Exhibit ER, Exhibit ES, Exhibit ET, Exhibit EU, Exhibit EV, Exhibit EW, Exhibit EX, Exhibit EY, Exhibit EZ, Exhibit FA, Exhibit FB, Exhibit FC, Exhibit FD, Exhibit FE, Exhibit FF, Exhibit FG, Exhibit FH, Exhibit FI, Exhibit FJ, Exhibit FK, Exhibit FL, Exhibit FM, Exhibit FN, Exhibit FO, Exhibit FP, Exhibit FQ, Exhibit FR, Exhibit FS, Exhibit FT, Exhibit FU, Exhibit FV, Exhibit FW, Exhibit FX, Exhibit FY, Exhibit FZ, Exhibit GA, Exhibit GB, Exhibit GC, Exhibit GD, Exhibit GE, Exhibit GF, Exhibit GG, Exhibit GH, Exhibit GI, Exhibit GJ, Exhibit GK, Exhibit GL, Exhibit GM, Exhibit GN, Exhibit GO, Exhibit GP, Exhibit GQ, Exhibit GR, Exhibit GS, Exhibit GT, Exhibit GU, Exhibit GV, Exhibit GW, Exhibit GX, Exhibit GY, Exhibit GZ, Exhibit HA, Exhibit HB, Exhibit HC, Exhibit HD, Exhibit HE, Exhibit HF, Exhibit HG, Exhibit HH, Exhibit HI, Exhibit HJ, Exhibit HK, Exhibit HL, Exhibit HM, Exhibit HN, Exhibit HO, Exhibit HP, Exhibit HQ, Exhibit HR, Exhibit HS, Exhibit HT, Exhibit HU, Exhibit HV, Exhibit HW, Exhibit HX, Exhibit HY, Exhibit HZ, Exhibit IA, Exhibit IB, Exhibit IC, Exhibit ID, Exhibit IE, Exhibit IF, Exhibit IG, Exhibit IH, Exhibit II, Exhibit IJ, Exhibit IK, Exhibit IL, Exhibit IM, Exhibit IN, Exhibit IO, Exhibit IP, Exhibit IQ, Exhibit IR, Exhibit IS, Exhibit IT, Exhibit IU, Exhibit IV, Exhibit IW, Exhibit IX, Exhibit IY, Exhibit IZ, Exhibit JA, Exhibit JB, Exhibit JC, Exhibit JD, Exhibit JE, Exhibit JF, Exhibit JG, Exhibit JH, Exhibit JI, Exhibit JJ, Exhibit JK, Exhibit JL, Exhibit JM, Exhibit JN, Exhibit JO, Exhibit JP, Exhibit JQ, Exhibit JR, Exhibit JS, Exhibit JT, Exhibit JU, Exhibit JV, Exhibit JW, Exhibit JX, Exhibit JY, Exhibit JZ, Exhibit KA, Exhibit KB, Exhibit KC, Exhibit KD, Exhibit KE, Exhibit KF, Exhibit KG, Exhibit KH, Exhibit KI, Exhibit KJ, Exhibit KK, Exhibit KL, Exhibit KM, Exhibit KN, Exhibit KO, Exhibit KP, Exhibit KQ, Exhibit KR, Exhibit KS, Exhibit KT, Exhibit KU, Exhibit KV, Exhibit KW, Exhibit KX, Exhibit KY, Exhibit KZ, Exhibit LA, Exhibit LB, Exhibit LC, Exhibit LD, Exhibit LE, Exhibit LF, Exhibit LG, Exhibit LH, Exhibit LI, Exhibit LJ, Exhibit LK, Exhibit LL, Exhibit LM, Exhibit LN, Exhibit LO, Exhibit LP, Exhibit LQ, Exhibit LR, Exhibit LS, Exhibit LT, Exhibit LU, Exhibit LV, Exhibit LW, Exhibit LX, Exhibit LY, Exhibit LZ, Exhibit MA, Exhibit MB, Exhibit MC, Exhibit MD, Exhibit ME, Exhibit MF, Exhibit MG, Exhibit MH, Exhibit MI, Exhibit MJ, Exhibit MK, Exhibit ML, Exhibit MM, Exhibit MN, Exhibit MO, Exhibit MP, Exhibit MQ, Exhibit MR, Exhibit MS, Exhibit MT, Exhibit MU, Exhibit MV, Exhibit MW, Exhibit MX, Exhibit MY, Exhibit MZ, Exhibit NA, Exhibit NB, Exhibit NC, Exhibit ND, Exhibit NE, Exhibit NF, Exhibit NG, Exhibit NH, Exhibit NI, Exhibit NJ, Exhibit NK, Exhibit NL, Exhibit NM, Exhibit NN, Exhibit NO, Exhibit NP, Exhibit NQ, Exhibit NR, Exhibit NS, Exhibit NT, Exhibit NU, Exhibit NV, Exhibit NW, Exhibit NX, Exhibit NY, Exhibit NZ, Exhibit OA, Exhibit OB, Exhibit OC, Exhibit OD, Exhibit OE, Exhibit OF, Exhibit OG, Exhibit OH, Exhibit OI, Exhibit OJ, Exhibit OK, Exhibit OL, Exhibit OM, Exhibit ON, Exhibit OO, Exhibit OP, Exhibit OQ, Exhibit OR, Exhibit OS, Exhibit OT, Exhibit OU, Exhibit OV, Exhibit OW, Exhibit OX, Exhibit OY, Exhibit OZ, Exhibit PA, Exhibit PB, Exhibit PC, Exhibit PD, Exhibit PE, Exhibit PF, Exhibit PG, Exhibit PH, Exhibit PI, Exhibit PJ, Exhibit PK, Exhibit PL, Exhibit PM, Exhibit PN, Exhibit PO, Exhibit PP, Exhibit PQ, Exhibit PR, Exhibit PS, Exhibit PT, Exhibit PU, Exhibit PV, Exhibit PW, Exhibit PX, Exhibit PY, Exhibit PZ, Exhibit QA, Exhibit QB, Exhibit QC, Exhibit QD, Exhibit QE, Exhibit QF, Exhibit QG, Exhibit QH, Exhibit QI, Exhibit QJ, Exhibit QK, Exhibit QL, Exhibit QM, Exhibit QN, Exhibit QO, Exhibit QP, Exhibit QQ, Exhibit QR, Exhibit QS, Exhibit QT, Exhibit QU, Exhibit QV, Exhibit QW, Exhibit QX, Exhibit QY, Exhibit QZ, Exhibit RA, Exhibit RB, Exhibit RC, Exhibit RD, Exhibit RE, Exhibit RF, Exhibit RG, Exhibit RH, Exhibit RI, Exhibit RJ, Exhibit RK, Exhibit RL, Exhibit RM, Exhibit RN, Exhibit RO, Exhibit RP, Exhibit RQ, Exhibit RR, Exhibit RS, Exhibit RT, Exhibit RU, Exhibit RV, Exhibit RW, Exhibit RX, Exhibit RY, Exhibit RZ, Exhibit SA, Exhibit SB, Exhibit SC, Exhibit SD, Exhibit SE, Exhibit SF, Exhibit SG, Exhibit SH, Exhibit SI, Exhibit SJ, Exhibit SK, Exhibit SL, Exhibit SM, Exhibit SN, Exhibit SO, Exhibit SP, Exhibit SQ, Exhibit SR, Exhibit SS, Exhibit ST, Exhibit SU, Exhibit SV, Exhibit SW, Exhibit SX, Exhibit SY, Exhibit SZ, Exhibit TA, Exhibit TB, Exhibit TC, Exhibit TD, Exhibit TE, Exhibit TF, Exhibit TG, Exhibit TH, Exhibit TI, Exhibit TJ, Exhibit TK, Exhibit TL, Exhibit TM, Exhibit TN, Exhibit TO, Exhibit TP, Exhibit TQ, Exhibit TR, Exhibit TS, Exhibit TT, Exhibit TU, Exhibit TV, Exhibit TW, Exhibit TX, Exhibit TY, Exhibit TZ, Exhibit UA, Exhibit UB, Exhibit UC, Exhibit UD, Exhibit UE, Exhibit UF, Exhibit UG, Exhibit UH, Exhibit UI, Exhibit UJ, Exhibit UK, Exhibit UL, Exhibit UM, Exhibit UN, Exhibit UO, Exhibit UP, Exhibit UQ, Exhibit UR, Exhibit US, Exhibit UT, Exhibit UU, Exhibit UV, Exhibit UW, Exhibit UX, Exhibit UY, Exhibit UZ, Exhibit VA, Exhibit VB, Exhibit VC, Exhibit VD, Exhibit VE, Exhibit VF, Exhibit VG, Exhibit VH, Exhibit VI, Exhibit VJ, Exhibit VK, Exhibit VL, Exhibit VM, Exhibit VN, Exhibit VO, Exhibit VP, Exhibit VQ, Exhibit VR, Exhibit VS, Exhibit VT, Exhibit VU, Exhibit VV, Exhibit VW, Exhibit VX, Exhibit VY, Exhibit VZ, Exhibit WA, Exhibit WB, Exhibit WC, Exhibit WD, Exhibit WE, Exhibit WF, Exhibit WG, Exhibit WH, Exhibit WI, Exhibit WJ, Exhibit WK, Exhibit WL, Exhibit WM, Exhibit WN, Exhibit WO, Exhibit WP, Exhibit WQ, Exhibit WR, Exhibit WS, Exhibit WT, Exhibit WU, Exhibit WV, Exhibit WW, Exhibit WX, Exhibit WY, Exhibit WZ, Exhibit XA, Exhibit XB, Exhibit XC, Exhibit XD, Exhibit XE, Exhibit XF, Exhibit XG, Exhibit XH, Exhibit XI, Exhibit XJ, Exhibit XK, Exhibit XL, Exhibit XM, Exhibit XN, Exhibit XO, Exhibit XP, Exhibit XQ, Exhibit XR, Exhibit XS, Exhibit XT, Exhibit XU, Exhibit XV, Exhibit XW, Exhibit XX, Exhibit XY, Exhibit XZ, Exhibit YA, Exhibit YB, Exhibit YC, Exhibit YD, Exhibit YE, Exhibit YF, Exhibit YG, Exhibit YH, Exhibit YI, Exhibit YJ, Exhibit YK, Exhibit YL, Exhibit YM, Exhibit YN, Exhibit YO, Exhibit YP, Exhibit YQ, Exhibit YR, Exhibit YS, Exhibit YT, Exhibit YU, Exhibit YV, Exhibit YW, Exhibit YX, Exhibit YY, Exhibit YZ, Exhibit ZA, Exhibit ZB, Exhibit ZC, Exhibit ZD, Exhibit ZE, Exhibit ZF, Exhibit ZG, Exhibit ZH, Exhibit ZI, Exhibit ZJ, Exhibit ZK, Exhibit ZL, Exhibit ZM, Exhibit ZN, Exhibit ZO, Exhibit ZP, Exhibit ZQ, Exhibit ZR, Exhibit ZS, Exhibit ZT, Exhibit ZU, Exhibit ZV, Exhibit ZW, Exhibit ZX, Exhibit ZY, Exhibit ZZ
37
February 1962
PUBLIC DEBT OPERATIONS
Table 3.- New Money Financing through Regular Weekly Treasury Bills
(Dollar amounts in millions)
<table><tr><th colspan="3">Description of issue</th><th>Number of days to maturity</th><th>Amount of bids tendered</th><th>Amount of bids accepted</th><th>Average rate on bids accepted 1/ (Percent)</th><th>New money increase, or decrease (-)</th></tr><tr><td>Issue date</td><td>Maturity date</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1953-Apr. 23</td><td>1953- July 23</td><td>91</td><td>$ 2,202</td><td>$ 1,501</td><td>2.320</td><td>$ 100</td></tr><tr><td>May 7</td><td>Aug. 6</td><td>91</td><td>2,166</td><td>1,500</td><td>2.352</td><td>200</td></tr><tr><td>May 21</td><td>Aug. 20</td><td>91</td><td>2,340</td><td>1,501</td><td>2.092</td><td>200</td></tr><tr><td>May 28</td><td>Aug. 27</td><td>91</td><td>2,087</td><td>1,501</td><td>2.084</td><td>200</td></tr><tr><td>June 4</td><td>Sept. 3</td><td>91</td><td>1,782</td><td>1,500</td><td>2.416</td><td>199</td></tr><tr><td>June 11</td><td>Sept. 10</td><td>91</td><td>2,290</td><td>1,400</td><td>2.323</td><td>198</td></tr><tr><td>June 18</td><td>Sept. 17</td><td>91</td><td>2,207</td><td>1,501</td><td>2.228</td><td>300</td></tr><tr><td>June 25</td><td>Sept. 24</td><td>91</td><td>1,985</td><td>1,500</td><td>1.954</td><td>300</td></tr><tr><td>July 2</td><td>Oct. 1</td><td>91</td><td>2,192</td><td>1,500</td><td>2.106</td><td>300</td></tr><tr><td>July 9</td><td>Oct. 8</td><td>91</td><td>2,167</td><td>1,501</td><td>2.007</td><td>100</td></tr><tr><td>July 16</td><td>Oct. 15</td><td>91</td><td>2,277</td><td>1,500</td><td>2.106</td><td>100</td></tr><tr><td>Sept. 10</td><td>Dec. 10</td><td>91</td><td>2,023</td><td>1,501</td><td>1.953</td><td>101</td></tr><tr><td>1955-July 7</td><td>1955- Oct. 6</td><td>91</td><td>2,119</td><td>1,600</td><td>1.541</td><td>99</td></tr><tr><td>July 14</td><td>Oct. 13</td><td>91</td><td>2,258</td><td>1,600</td><td>1.606</td><td>100</td></tr><tr><td>July 21</td><td>Oct. 20</td><td>91</td><td>2,390</td><td>1,600</td><td>1.619</td><td>100</td></tr><tr><td>July 28</td><td>Oct. 27</td><td>91</td><td>2,403</td><td>1,601</td><td>1.720</td><td>100</td></tr><tr><td>Aug. 4</td><td>Nov. 3</td><td>91</td><td>2,328</td><td>1,601</td><td>1.850</td><td>100</td></tr><tr><td>Aug. 11</td><td>Nov. 10</td><td>91</td><td>2,292</td><td>1,601</td><td>1.889</td><td>98</td></tr><tr><td>Aug. 18</td><td>Nov. 17</td><td>91</td><td>2,369</td><td>1,601</td><td>1.888</td><td>100</td></tr><tr><td>Aug. 25</td><td>Nov. 25</td><td>92</td><td>2,178</td><td>1,600</td><td>1.875</td><td>100</td></tr><tr><td>Sept. 1</td><td>Dec. 1</td><td>91</td><td>2,202</td><td>1,600</td><td>2.088</td><td>99</td></tr><tr><td>Sept. 8</td><td>Dec. 8</td><td>91</td><td>2,282</td><td>1,602</td><td>2.135</td><td>102</td></tr><tr><td>Sept 15</td><td>Dec. 15</td><td>91</td><td>2,654</td><td>1,602</td><td>2.104</td><td>99</td></tr><tr><td>Sct. 22</td><td>Dec. 22</td><td>91</td><td>2,328</td><td>1,601</td><td>1.981</td><td>98</td></tr><tr><td>Sept. 29</td><td>Dec. 29</td><td>91</td><td>2,317</td><td>1,601</td><td>2.122</td><td>101</td></tr><tr><td>1957-Jan. 31</td><td>1957- May 2</td><td>91</td><td>2,624</td><td>1,700</td><td>3.283</td><td>99</td></tr><tr><td>Feb. 7</td><td>May 9</td><td>91</td><td>2,626</td><td>1,700</td><td>3.133</td><td>99</td></tr><tr><td>Feb. 14</td><td>May 16</td><td>91</td><td>2,719</td><td>1,700</td><td>3.057</td><td>99</td></tr><tr><td>Feb. 21</td><td>May 23</td><td>91</td><td>2,580</td><td>1,800</td><td>3.182</td><td>200</td></tr><tr><td>Feb. 28</td><td>May 31</td><td>92</td><td>2,741</td><td>1,802</td><td>3.288</td><td>202</td></tr><tr><td>Mar. 7</td><td>June 6</td><td>91</td><td>2,769</td><td>1,800</td><td>3.246</td><td>200</td></tr><tr><td>Mar. 14</td><td>June 13</td><td>91</td><td>2,830</td><td>1,802</td><td>3.239</td><td>202</td></tr><tr><td>Dec. 19</td><td>1958- Mar. 20</td><td>91</td><td>2,348</td><td>1,700</td><td>3.140</td><td>100</td></tr><tr><td>Dec. 26</td><td>Mar. 27</td><td>91</td><td>2,416</td><td>1,700</td><td>3.173</td><td>93</td></tr><tr><td>1958-Jan. 2</td><td>Apr. 3</td><td>91</td><td>2,388</td><td>1,700</td><td>2.753</td><td>101</td></tr><tr><td>Jan. 9</td><td>Apr. 10</td><td>91</td><td>2,430</td><td>1,700</td><td>2.858</td><td>100</td></tr><tr><td>Jan. 16</td><td>Apr. 17</td><td>91</td><td>2,682</td><td>1,701</td><td>2.591</td><td>100</td></tr><tr><td>Jan. 23</td><td>Apr. 24</td><td>91</td><td>2,751</td><td>1,702</td><td>2.587</td><td>100</td></tr><tr><td>Mar. 13</td><td>June 12</td><td>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>2.359</td><td>100</td></tr><tr><td>Sept. 18</td><td>Dec. 18</td><td>91</td><td>2,636</td><td>1,800</td><td>2.604</td><td>99</td></tr><tr><td>Sept. 25</td><td>Dec. 26</td><td>92</td><td>2,576</td><td>1,800</td><td>2.511</td><td>99</td></tr><tr><td>Oct. 2</td><td>1959- Jan. 2</td><td>92</td><td>2,291</td><td>1,801</td><td>2.920</td><td>101</td></tr><tr><td>Oct. 9</td><td>Jan. 8</td><td>91</td><td>2,382</td><td>1,800</td><td>2.668</td><td>100</td></tr><tr><td>Oct. 16</td><td>Jan. 15</td><td>91</td><td>3,088</td><td>1,803</td><td>2.927</td><td>104</td></tr><tr><td>Oct. 23</td><td>Jan. 22</td><td>91</td><td>2,987</td><td>1,800</td><td>2.804</td><td>99</td></tr><tr><td>Oct. 30</td><td>Jan. 29</td><td>91</td><td>2,872</td><td>1,803</td><td>2.647</td><td>102</td></tr><tr><td>Nov. 6</td><td>Feb. 5</td><td>91</td><td>2,814</td><td>1,802</td><td>2.649</td><td>102</td></tr><tr><td>Nov. 13</td><td>Feb. 13</td><td>92</td><td>2,857</td><td>1,801</td><td>2.774</td><td>101</td></tr><tr><td>Dec. 11</td><td>Mar. 12</td><td>91</td><td>2,407</td><td>1,600</td><td>2.805</td><td>200</td></tr><tr><td>Dec. 18</td><td>Mar. 19</td><td>91</td><td>2,476</td><td>1,600</td><td>2.904</td><td>200</td></tr><tr><td>Dec. 26</td><td>Mar. 26</td><td>90</td><td>2,394</td><td>1,601</td><td>2.799</td><td>201</td></tr><tr><td>1959-Jan. 2</td><td>Apr. 2</td><td>90</td><td>2,479</td><td>1,600</td><td>2.690</td><td>199</td></tr><tr><td>Jan. 8</td><td>Apr. 9</td><td>91</td><td>2,508</td><td>1,599</td><td>2.920</td><td>199</td></tr><tr><td>Jan. 15</td><td>Apr. 16</td><td>91</td><td>2,178</td><td>1,600</td><td>2.808</td><td>197</td></tr><tr><td></td><td>July 16</td><td>182</td><td>734</td><td>401</td><td>3.034</td><td></td></tr></table>
Footnotes at end of table.
(Continued on following page)
38
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 3.- New Money Financing through Regular Weekly Treasury Bills - (Continued)
(Dollar amounts in millions)
<table><tr><th colspan="3">Description of issue</th><th>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>1953-Mar. 5.</td><td>{1959 June 4</td><td>91</td><td>$2,090</td><td>$1,500</td><td>2.816</td><td>$101</td></tr><tr><td></td><td>Sept. 3</td><td>182</td><td>724</td><td>400</td><td>3.111</td><td></td></tr><tr><td>Mar. 17 2/.</td><td>{June Sept. 11</td><td>91</td><td>2,254</td><td>1,301</td><td>3.062</td><td>101</td></tr><tr><td></td><td>10</td><td>182</td><td>967</td><td>400</td><td>3.375</td><td></td></tr><tr><td>Mar. 19.</td><td>{June Sept. 17</td><td>91</td><td>2,019</td><td>1,301</td><td>2.763</td><td>100</td></tr><tr><td></td><td>17</td><td>182</td><td>727</td><td>400</td><td>3.058</td><td></td></tr><tr><td>Mar. 26.</td><td>{June Sept. 25</td><td>91</td><td>2,122</td><td>1,300</td><td>2.766</td><td>100</td></tr><tr><td></td><td>24</td><td>182</td><td>671</td><td>400</td><td>3.093</td><td></td></tr><tr><td>Aug. 13.</td><td>{1959 Nov. 12</td><td>91</td><td>1,866</td><td>1,200</td><td>3.150</td><td>199</td></tr><tr><td></td><td>1960 Feb. 11</td><td>182</td><td>875</td><td>400</td><td>3.690</td><td></td></tr><tr><td>Aug. 20.</td><td>{1959 Nov. 19</td><td>91</td><td>1,853</td><td>1,200</td><td>3.417</td><td>199</td></tr><tr><td></td><td>1960 Feb. 18</td><td>182</td><td>770</td><td>400</td><td>3.782</td><td></td></tr><tr><td>Aug. 27.</td><td>{1959 Nov. 27</td><td>92</td><td>1,964</td><td>1,200</td><td>3.824</td><td>204</td></tr><tr><td></td><td>1960 Feb. 25</td><td>182</td><td>693</td><td>400</td><td>4.152</td><td></td></tr><tr><td>1957-May 19.</td><td>{1960 Aug. 18</td><td>91</td><td>1,809</td><td>1,200</td><td>3.793</td><td>97</td></tr><tr><td></td><td>Nov. 17</td><td>182</td><td>361</td><td>500</td><td>4.000</td><td></td></tr><tr><td>May 26.</td><td>{Aug. Nov. 25</td><td>91</td><td>1,834</td><td>1,200</td><td>3.497</td><td>96</td></tr><tr><td></td><td>25</td><td>183</td><td>897</td><td>500</td><td>3.867</td><td></td></tr><tr><td>June 2.</td><td>{Sept. Dec. 1</td><td>91</td><td>1,820</td><td>1,101</td><td>3.184</td><td>100</td></tr><tr><td></td><td>1</td><td>182</td><td>994</td><td>500</td><td>3.495</td><td></td></tr><tr><td>1961-Jan. 19.</td><td>{Apr. July 20</td><td>91</td><td>1,889</td><td>1,101</td><td>2.358</td><td>99</td></tr><tr><td></td><td>20</td><td>182</td><td>995</td><td>400</td><td>2.530</td><td></td></tr><tr><td>Jan. 26.</td><td>{Apr. July 27</td><td>91</td><td>1,986</td><td>1,100</td><td>2.530</td><td>100</td></tr><tr><td></td><td>27</td><td>182</td><td>1,082</td><td>500</td><td>2.422</td><td></td></tr><tr><td>Feb. 2.</td><td>{May Aug. 4</td><td>91</td><td>2,057</td><td>1,101</td><td>2.299</td><td>201</td></tr><tr><td></td><td>3</td><td>182</td><td>1,082</td><td>500</td><td>2.497</td><td></td></tr><tr><td>Mar. 30.</td><td>{June Sept. 29</td><td>91</td><td>1,924</td><td>1,100</td><td>2.392</td><td>99</td></tr><tr><td></td><td>28</td><td>182</td><td>1,046</td><td>500</td><td>2.776</td><td></td></tr><tr><td>Apr. 1.</td><td>{July 1</td><td>91</td><td>1,477</td><td>1,100</td><td>2.477</td><td>0</td></tr><tr><td></td><td>1</td><td>182</td><td>1,047</td><td>500</td><td>2.678</td><td></td></tr><tr><td>Apr. 13.</td><td>{July 12</td><td>91</td><td>1,508</td><td>1,100</td><td>2.921</td><td></td></tr><tr><td></td><td>13</td><td>183</td><td>4,118</td><td>500</td><td>2.796</td><td></td></tr><tr><td>Mar. 4.</td><td>{Aug. Nov. 2</td><td>91</td><td>1,987</td><td>1,101</td><td>2.000</td><td>104</td></tr><tr><td></td><td>2</td><td>182</td><td>16</td><td>500</td><td>2.447</td><td></td></tr><tr><td>Mar. 11.</td><td>{Aug. Nov. 18</td><td>91</td><td>1,977</td><td>1,101</td><td>2.030</td><td>104</td></tr><tr><td></td><td>18</td><td>182</td><td>1,117</td><td>500</td><td>2.442</td><td></td></tr><tr><td>July 2.</td><td>{1962-Oct. 19</td><td>91</td><td>1,916</td><td>1,100</td><td>2.200</td><td>99</td></tr><tr><td></td><td>18</td><td>182</td><td>960</td><td>500</td><td>2.385</td><td></td></tr><tr><td>Apr. 31.</td><td>{1961-Nov. 30</td><td>91</td><td>1,821</td><td>1,100</td><td>2.321</td><td>100</td></tr><tr><td></td><td>1961-Mar. 1</td><td>182</td><td>934</td><td>600</td><td>2.617</td><td></td></tr><tr><td>Apr. 27.</td><td>{Jan. Apr. 18</td><td>91</td><td>2,221</td><td>1,100</td><td>2.382</td><td>100</td></tr><tr><td></td><td>18</td><td>182</td><td>1,112</td><td>600</td><td>2.734</td><td></td></tr><tr><td>Apr. 26.</td><td>{Jan. Apr. 30</td><td>91</td><td>2,038</td><td>1,101</td><td>2.323</td><td>101</td></tr><tr><td></td><td>30</td><td>182</td><td>1,252</td><td>600</td><td>2.708</td><td></td></tr></table>
See Table I. Information in Table I covers bill offerings made January 1, 1957, through January 31, 1967. Equivalent average rate of bank discount is 1.
Beginnin. March 12, 1972, the 14-week bills represent additional issue of 12 with an original maturity of 20 weeks.
February 1962
39
PUBLIC DEBT OPERATIONS
Table 4.- Offerings of Public Marketable Securities Other Than Regular Weekly Treasury Bills
<table><tr><th>Date subscription books opened or bill tenders received</th><th>Date of issue</th><th>Description of security 1/</th><th>Period to final maturity (years, months, days) 2/</th><th colspan="2">Amount of subscriptions tendered</th><th colspan="2">Amount issued</th><th>Allotment ratio</th></tr><tr><th></th><th></th><th></th><th></th><th>Cash 3/</th><th>Exchange</th><th>For cash 3/</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 - 2-1/2% Bond -</td><td>ly 5y 10m</td><td>-</td><td>8,114 620</td><td>-</td><td>8,114 620</td><td>100</td></tr><tr><td>5/</td><td>4/1/53</td><td>1-1/2% Note -</td><td>5y</td><td>-</td><td>383</td><td>-</td><td>383</td><td>100</td></tr><tr><td>4/13/53</td><td>5/1/53</td><td>3-1/4% Bond -</td><td>30y 1½m</td><td>5,250</td><td>418 6/</td><td>1,188</td><td>418 6/</td><td>2/</td></tr><tr><td>5/20/53</td><td>6/1/53</td><td>2-5/8% Certificate -</td><td>ly</td><td>-</td><td>4,858</td><td>-</td><td>4,858</td><td>100</td></tr><tr><td>5/29/53</td><td>6/3/53</td><td>2.383% Bill -</td><td>107d</td><td>1,676</td><td>-</td><td>800</td><td>-</td><td></td></tr><tr><td>7/6/53</td><td>7/15/53</td><td>2-1/2% Certificate - 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>8/5/53</td><td>8/15/53</td><td>2-5/8% Certificate -</td><td>ly</td><td>-</td><td>2,788</td><td>-</td><td>2,788</td><td>100</td></tr><tr><td>9/2/53</td><td>9/15/53</td><td>2-5/8% Certificate - 9/15/54-A</td><td>ly 3y 6m</td><td>-</td><td>4,724 2,997</td><td>-</td><td>4,724 2,997</td><td>100</td></tr><tr><td>5/</td><td>10/1/53</td><td>1-1/2% Note -</td><td>5y</td><td>-</td><td>121</td><td>-</td><td>121</td><td>100</td></tr><tr><td>10/28/53</td><td>11/9/53</td><td>2-3/4% Bond -</td><td>7y 10m</td><td>12,543</td><td>-</td><td>2,239</td><td>-</td><td>11/</td></tr><tr><td>11/18/53</td><td>12/1/53</td><td>1-7/8% Note - 2-1/2% Bond -</td><td>ly 1½m 5y 1½m</td><td>-</td><td>8,175 1,748</td><td>-</td><td>8,175 1,748</td><td>100</td></tr><tr><td>2/1/54</td><td>2/15/54</td><td>1-5/8% Certificate - 2-1/2% Bond -</td><td>ly 7y 9m</td><td>-</td><td>7,007 11,177</td><td>-</td><td>7,007 11,177</td><td>100</td></tr><tr><td>3/16/54</td><td>3/22/54</td><td>.956% Bill -</td><td>94d</td><td>2,717</td><td>-</td><td>1,501</td><td>-</td><td></td></tr><tr><td>4/21/54</td><td>4/27/54</td><td>.726% Bill -</td><td>52d</td><td>2,987</td><td>-</td><td>1,001</td><td>-</td><td></td></tr><tr><td>5/</td><td>4/1/54</td><td>1-1/2% Note -</td><td>5y</td><td>-</td><td>119</td><td>-</td><td>119</td><td>100</td></tr><tr><td>5/4/54</td><td>5/17/54</td><td>1-7/8% Note -</td><td>4y 9m</td><td>9,750</td><td>-</td><td>2,205</td><td>-</td><td>12/</td></tr><tr><td>5/5/54</td><td>5/17/54</td><td>" 1-1/8% Certificate -</td><td>" 1y</td><td>-</td><td>2,897 3,886</td><td>-</td><td>2,897 3,886</td><td>100</td></tr><tr><td>7/21/54</td><td>8/2/54</td><td>1½% Certificate - 3/22/55-C - Tax ant. 9/</td><td>7½m</td><td>9,250</td><td>-</td><td>3,734</td><td>-</td><td>13/</td></tr><tr><td>8/3/54</td><td>8/15/54</td><td>1-1/8% Certificate - 2-1/8% Bond -</td><td>ly 6y 3m</td><td>-</td><td>3,558 3,806</td><td>-</td><td>3,558 3,806</td><td>100</td></tr><tr><td>9/23/54</td><td>10/4/54</td><td>1-5/8% Note -</td><td>2y 7½m</td><td>8,190</td><td>-</td><td>4,155</td><td>-</td><td>14/</td></tr><tr><td>5/</td><td>10/1/54</td><td>1-1/2% Note -</td><td>5y</td><td>-</td><td>99</td><td>-</td><td>99</td><td>100</td></tr><tr><td>11/22/54</td><td>8/15/54 12/15/54 12/15/54</td><td>1-1/8% Certificate - 1-1/4% Certificate - 2-1/2% Bond -</td><td>8m ly 8y 8m</td><td>-</td><td>4,919 5,359 6,755</td><td>-</td><td>4,919 5,359 6,755</td><td>100</td></tr><tr><td>2/1/55</td><td>2/15/55 2/15/55</td><td>1-5/8% Note - 2% 3% Bond -</td><td>ly 1m 2y 6m 40y</td><td>-</td><td>8,472 3,792 1,924</td><td>-</td><td>8,472 3,792 1,924</td><td>100</td></tr><tr><td>3/22/55</td><td>4/1/55</td><td>1-3/8% Certificate -</td><td>2½m</td><td>7,938</td><td>-</td><td>3,210</td><td>-</td><td>13/</td></tr><tr><td>5/</td><td>4/1/55</td><td>1-1/2% Note -</td><td>5y</td><td>-</td><td>198</td><td>-</td><td>198</td><td>100</td></tr><tr><td>5/3/55</td><td>5/17/55</td><td>2% Note -</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>7/8/55</td><td>7/18/55</td><td>1-7/8% Certificate -</td><td>8m</td><td>10,620</td><td>-</td><td>2,202</td><td>-</td><td>16/</td></tr><tr><td>7/11/55</td><td>2/15/55</td><td>3% Bond -</td><td>39y 7m</td><td>1,720</td><td>-</td><td>821</td><td>-</td><td>17/</td></tr><tr><td>7/20/55</td><td>8/1/55 5/17/55</td><td>2% Certificate - 2% Note -</td><td>10½m 1y</td><td>-</td><td>1,486 6,841</td><td>-</td><td>1,486 6,841</td><td>100</td></tr><tr><td>10/3/55</td><td>10/11/55</td><td>2-1/4% Certificate -</td><td>8m</td><td>8,778</td><td>-</td><td>2,970</td><td>-</td><td>18/</td></tr><tr><td>5/</td><td>10/1/55</td><td>1-1/2% Note -</td><td>5y</td><td>-</td><td>278</td><td>-</td><td>278</td><td>100</td></tr><tr><td>11/28/55</td><td>12/1/55 12/1/55</td><td>2-5/8% Certificate - 2-7/8% Note -</td><td>ly 2y 6m</td><td>-</td><td>9,083 2,283</td><td>-</td><td>9,083 2,283</td><td>100</td></tr><tr><td>12/8/55</td><td>12/15/55</td><td>2.465% Bill -</td><td>99d</td><td>4,130</td><td>-</td><td>1,501</td><td>-</td><td></td></tr><tr><td>3/5/56</td><td>3/5/56 12/1/55</td><td>2-5/8% Certificate - 2-7/8% Note -</td><td>11½m 2y 3m</td><td>-</td><td>7,219 2,109</td><td>-</td><td>7,219 2,109</td><td>100</td></tr><tr><td>5/</td><td>4/1/56</td><td>1-1/2% Note -</td><td>5y</td><td>-</td><td>144</td><td>-</td><td>144</td><td>100</td></tr><tr><td>7/16/56</td><td>7/16/56</td><td>2-3/4% Note -</td><td>ly 1½m</td><td>-</td><td>12,056</td><td>-</td><td>12,056</td><td>100</td></tr><tr><td>8/6/56</td><td>8/15/56</td><td>2-3/4% Certificate -</td><td>7m</td><td>10,613</td><td>-</td><td>3,221</td><td>-</td><td>19/</td></tr><tr><td>5/</td><td>10/1/56</td><td>1-1/2% Note -</td><td>5y</td><td>-</td><td>332</td><td>-</td><td>332</td><td>100</td></tr><tr><td>10/10/56</td><td>10/17/56</td><td>2.627% Bill -</td><td>91d</td><td>4,761</td><td>-</td><td>1,603</td><td>-</td><td></td></tr><tr><td>11/13/56</td><td>11/16/56</td><td>2.617% Bill -</td><td>91d</td><td>4,637</td><td>-</td><td>1,750</td><td>-</td><td></td></tr><tr><td>11/19/56</td><td>12/1/56 12/1/56</td><td>3-1/4% Certificate - 3-1/4% Certificate -</td><td>6½m 10m</td><td>-</td><td>1,312 7,271</td><td>-</td><td>1,312 7,271</td><td>100</td></tr><tr><td>12/12/56</td><td>12/17/56</td><td>2.58% Bill -</td><td>95d</td><td>3,786</td><td>-</td><td>1,006</td><td>-</td><td></td></tr></table>
Footnotes at end of table.
(Continued on following page)
40
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 tenders 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>Allotment 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>1/11/57</td><td>1/16/57</td><td>3.305% Bill</td><td>6/24/57 - Tax ant. g/ (At auction)</td><td>159d</td><td>2,414</td><td>-</td><td>1,601 20/</td><td>-</td><td rowspan="3">100</td></tr><tr><td>2/4/57</td><td>2/15/57</td><td>3-3/8% Certificate - 1-1/2% Note</td><td>2/14/58-A 5/15/60-A</td><td>1y 3y 13m</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. g/ (At auction)</td><td>129d</td><td>2,302</td><td>-</td><td>1,750 20/</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 5/15/60-A - Reopening 4/1/62-EA</td><td>101m 3y 13m 5y</td><td>7,489 5,868</td><td>-</td><td>2,437 942</td><td>-</td><td>21/</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>111m 4y 91m</td><td>-</td><td>551 2,351 647</td><td>-</td><td>551 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. g/ (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. g/ (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 22/</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 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>25/ 26/</td></tr><tr><td>5/</td><td>10/1/57</td><td>1-1/2% Note</td><td>10/1/62-EO</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 113m</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>9,833</td><td>-</td><td>9,833</td><td>-</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>9,770 3,854 1,727</td><td>-</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 4/1/58</td><td>3% Bond - 1-1/2% Note</td><td>8/15/66 4/1/63-EA</td><td>8y 51m 5y</td><td>6,715 533</td><td>-</td><td>1,484</td><td>-</td><td>29/ 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>1,817 7,388</td><td>-</td><td>1,817 7,388</td><td>-</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 10/1/58</td><td>1-1/2% Certificate - 1-1/2% Note</td><td>3/24/59-D - Tax ant. g/ 10/1/63-EO</td><td>8m 5y</td><td>5,962</td><td>-</td><td>3,567</td><td>-</td><td>22/ 100</td></tr><tr><td>9/29/58</td><td>10/8/58 10/10/58</td><td>3.25% Bill - 3-1/2% Note</td><td>5/15/59 - Special at fixed price 11/15/59-B</td><td>219d 1y 1m</td><td>5,805 2,686</td><td>-</td><td>2,735 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. g/ (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>111m 2y 53m</td><td>7,711 4,078</td><td>-</td><td>7,711 4,078</td><td>-</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>34/ 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>11,363 1,435</td><td>-</td><td>11,363 1,435</td><td>-</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. g/ (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>36/ 37/</td></tr><tr><td>3/26/59</td><td>4/1/59</td><td>1-1/2% Note</td><td>4/1/64-EA</td><td>5y</td><td>457</td><td>-</td><td>457</td><td>-</td><td>100</td></tr><tr><td>5/6/59</td><td>5/11/59</td><td>3.386% Bill</td><td>1/15/60 - At auction</td><td>289d</td><td>3,445</td><td>-</td><td>2,006</td><td>-</td><td></td></tr><tr><td>5/7/59</td><td>5/15/59</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>5/11/59</td><td>5/15/59</td><td>3.565% Bill</td><td>12/22/59 - Tax ant. g/ (At auction)</td><td>221d</td><td>1,699</td><td>-</td><td>1,500</td><td>-</td><td></td></tr><tr><td></td><td>5/15/59</td><td>1% 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>
Footnotes at end of table.
(Continued on following page)
February 1962
41
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>Allotment 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>7/1/59</td><td>7/8/59</td><td>4.075% Bill</td><td>3/22/60 - Tax ant. 8/ (At auction)</td><td>258d</td><td>4,299</td><td>-</td><td>3,005</td><td>-</td><td rowspan="2">.</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>7/8/59</td><td>4-3/4% Note</td><td>8/15/60-C</td><td>12m</td><td>-</td><td>9,561</td><td>-</td><td>9,561</td></tr><tr><td>5/</td><td>10/1/59</td><td>1-1/2% Note</td><td>10/1/64-EO (Reopening)</td><td>5y</td><td>3,216</td><td>-</td><td>999</td><td>-</td><td>100</td></tr><tr><td>10/6/59</td><td>10/15/59</td><td>5% Note</td><td>8/15/64-B</td><td>4y 10m</td><td>11,125</td><td>-</td><td>2,316</td><td>-</td><td>38/</td></tr><tr><td>10/14/59</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 rowspan="2">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>3,011</td></tr><tr><td>11/24/59</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 29/</td><td>-</td><td>749 29/</td><td>100</td></tr><tr><td>1/5/60</td><td>12/2/59</td><td>4.860% Bill</td><td>10/17/60 - At auction</td><td>320d</td><td>3,965</td><td>-</td><td>2,007</td><td>-</td><td></td></tr><tr><td>1/12/60</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>2/1/60</td><td>1/15/60</td><td>5.067% Bill</td><td>1/15/61 - At auction</td><td>1y</td><td>2,303</td><td>-</td><td>1,504 40/</td><td>-</td><td></td></tr><tr><td>5/</td><td>2/15/60</td><td>4-7/8% Certificate</td><td>2/15/61-A</td><td>1y</td><td>-</td><td>6,938</td><td>-</td><td>6,938</td><td rowspan="2">100</td></tr><tr><td>4/4/60</td><td>2/15/60</td><td>4-7/8% Note</td><td>11/15/64-C - Issued at 99.75</td><td>4y 5m</td><td>-</td><td>4,195</td><td>-</td><td>4,195</td></tr><tr><td>4/12/60</td><td>4/1/60</td><td>1-1/2% Note</td><td>4/1/65-EA</td><td>5y</td><td>-</td><td>466</td><td>-</td><td>466</td><td>100</td></tr><tr><td>5/2/60</td><td>4/5/60</td><td>4-1/4% Bond</td><td>5/15/75-85</td><td>25y 11m</td><td>370</td><td>-</td><td>470</td><td>-</td><td>100 41/</td></tr><tr><td>6/8/60</td><td>4/14/60</td><td>4% Note</td><td>5/15/62-E</td><td>2y 1m</td><td>6,715</td><td>-</td><td>2,211</td><td>-</td><td>42/</td></tr><tr><td>7/6/60</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 40/</td><td>-</td><td></td></tr><tr><td>7/12/60</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 rowspan="2">100</td></tr><tr><td>8/1/60</td><td>5/15/60</td><td>4-5/8% Note</td><td>5/15/65-A</td><td>5y</td><td>-</td><td>2,113</td><td>-</td><td>2,113</td></tr><tr><td>9/12/60</td><td>6/23/60</td><td>3-3/4% Note</td><td>5/15/64-D</td><td>3y 11m</td><td>-</td><td>4,556</td><td>-</td><td>3,893</td><td>43/</td></tr><tr><td>10/11/60</td><td>6/23/60</td><td>3-7/8% Bond</td><td>5/15/68</td><td>7y 11m</td><td>-</td><td>320</td><td>-</td><td>320</td><td>100</td></tr><tr><td>10/18/60</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></td></tr><tr><td>10/31/60</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 40/</td><td>-</td><td></td></tr><tr><td>11/1/60</td><td>8/15/60</td><td>3-1/8% Certificate</td><td>8/1/61-C</td><td>11m</td><td>17,389 44/</td><td>-</td><td>2,078 45/</td><td>5,751 46/</td><td>47/ 48/</td></tr><tr><td>11/21/60</td><td>6/23/60</td><td>3-7/8% Bond</td><td>5/15/68 - Reopening</td><td>7y 5m</td><td>5,183</td><td>-</td><td>1,042</td><td>28/</td><td></td></tr><tr><td>11/21/60</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>11/21/60</td><td>10/3/60</td><td>3-1/2% Bond</td><td>11/15/80</td><td>20y 11m</td><td>-</td><td>643</td><td>-</td><td>643</td><td rowspan="2">100 49/</td></tr><tr><td>11/21/60</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></tr><tr><td>11/21/60</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></td></tr><tr><td>11/21/60</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 40/</td><td>-</td><td></td></tr><tr><td>11/21/60</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>11/21/60</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>9,098</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>5y 6m</td><td>-</td><td>1,213</td><td>-</td><td>1,213</td><td></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 95m</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 40/</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>3,655</td><td>3,670 52/</td><td>53/</td></tr><tr><td>3/28/61</td><td>2/15/61</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 rowspan="2">100 54/</td></tr><tr><td>3/28/61</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></tr><tr><td>4/12/61</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>5/1/61</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>3,897</td><td>-</td><td>1,503</td><td>-</td><td></td></tr><tr><td>6/8/61</td><td>4/15/61</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>7/11/61</td><td>5/15/61</td><td>3% Certificate</td><td>5/15/62-A</td><td>1y</td><td>13,819 55/</td><td>-</td><td>3,728</td><td>1,781 56/</td><td>57/</td></tr><tr><td>7/17/61</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>850</td><td></td></tr><tr><td>7/20/61</td><td>6/14/61</td><td>2.308% Bills</td><td>8/3/61 - "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>7/20/61</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 40/</td><td>-</td><td></td></tr><tr><td>7/20/61</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>6,082</td><td>-</td><td>6,082</td><td rowspan="3">100</td></tr><tr><td>7/20/61</td><td>8/1/61</td><td>3-3/4% Note</td><td>8/15/64-E</td><td>3y 1m</td><td>-</td><td>5,019</td><td>-</td><td>5,019</td></tr><tr><td>7/20/61</td><td>6/23/60</td><td>3-7/8% Bond</td><td>5/15/68 - Reopening</td><td>6y 9m</td><td>-</td><td>749</td><td>-</td><td>749</td></tr><tr><td>7/20/61</td><td>7/26/61</td><td>2.484% Bill</td><td>3/23/62 - 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>
Footnotes on following page.
42
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 tenders received</th><th>Date of issue</th><th colspan="3">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>Allotment ratio</th></tr><tr><th></th><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>- - -</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>1,273p 1,298p 1,187p</td><td>- - -</td><td>100 29/</td></tr><tr><td>9/20/61</td><td>9/27/61</td><td>2.705% Bill</td><td>-</td><td>6/22/62 - Tax ant. 8/ (At auction)</td><td>268d</td><td>5,131</td><td>-</td><td>2,511</td><td>-</td><td></td></tr><tr><td>5/</td><td>10/1/61</td><td>1-1/2% Note</td><td>-</td><td>10/1/66-EO</td><td>5y</td><td>-</td><td>141</td><td>-</td><td>141</td><td>60/</td></tr><tr><td>10/2/61</td><td>5/15/61</td><td>3-1/4% Note</td><td>-</td><td>5/15/63-D - Reopening</td><td>1y 7m</td><td>5,687p</td><td>-</td><td>2,295p</td><td>-</td><td></td></tr><tr><td>10/10/61</td><td>10/16/61</td><td>2.975% Bill</td><td>-</td><td>10/15/62 - Issued at 99.875 At auction</td><td>1y</td><td>3,756</td><td>-</td><td>2,003</td><td>40/</td><td></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>- - -</td><td>2/15/63-E 5/15/66 - Reopening Issued at 99.75 11/15/74 - Reopening Issued at 99.00</td><td>1y 4y 13y</td><td>3m 6m -</td><td>3,642p 2,384p 517p</td><td>- - -</td><td>3,642p 2,384p 517p</td><td>100 62/</td></tr><tr><td>11/9/61</td><td>11/15/61</td><td>2.277 Bill</td><td>-</td><td>12/7/61 - "Strip" of 8 series 61/ (At auction) 1/25/62-</td><td>46.5d (Average)</td><td>1,519</td><td>-</td><td>800</td><td>-</td><td></td></tr><tr><td>11/20/61</td><td>6/23/60</td><td>3-7/8% Bond</td><td>-</td><td>5/15/68 - Reopening Issued at 99.50</td><td>6y 5m</td><td>-</td><td>320p 63/</td><td>-</td><td>320p 63/</td><td>100</td></tr><tr><td>1/9/62</td><td>1/15/62</td><td>3.366% Bill</td><td>-</td><td>1/15/63 - At auction</td><td>1y</td><td>3,650p</td><td>-</td><td>2,001p 40/</td><td>-</td><td></td></tr><tr><td>1/15/62</td><td>10/1/57</td><td>4% .Bond</td><td>-</td><td>10/1/69 - Reopening Issued at 99.75</td><td>7y 82m</td><td>1,619p</td><td>-</td><td>1,114p</td><td>-</td><td>64/</td></tr><tr><td>2/5/62</td><td>2/15/62 2/15/62</td><td>3-1/2% Cert. 4% Note</td><td>- -</td><td>2/15/63-A 8/15/66-A</td><td>1y 4y 6m</td><td>- -</td><td>6,858p 4,454p</td><td>- -</td><td>6,858p 4,454p</td><td>100 65/</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/ 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.
2/ Subscriptions shown are from the public, but amounts issued include allotments to Government investment accounts.
3/ For maturing securities exchanged for the new issues, see Table 6.
4/ 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 January 31, 1962.
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 $749 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.
Footnotes continued on following page.
February 1962
43
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 $941 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.
28/ Full-paid subscriptions of $25,000 or less, totaling $941 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.
29/ 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, $27.4 million of the notes were allotted to Government investment accounts.
43/ Subscriptions for $25,000 or less were allotted in full. Subscriptions for more than $25,000 were allotted 85 percent but in no case less than $25,000. 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 $6,285 million and were allotted in full. Subscriptions subject to allotment totaled $11,104 million and were allotted in full up to and including $25,000; all others were allotted 13 percent but in no case less than $25,000.
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 $2,708 million and were allotted 20 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.
44
Treasury Bulletin
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 matured in 1960, were offered in exchange the 4% bonds, with certain adjustments as of December 15, 1960, at a price of 100½. 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.
21/ 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).
22/ Consists of allotments on subscriptions from holders of certificates of indebtedness maturing February 15, 1961.
23/ 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 $14,619 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.
24/ 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.
25/ 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).
26/ Consists of allotments on subscriptions from holders of certificates of indebtedness and Treasury notes maturing May 15, 1961.
27/ 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 $25,000 or less were allotted in full, and subscriptions for more than $25,000 were allotted not less than $25,000.
58/ Sale of a "strip" of Treasury bills, consisting of an additional $100 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 $880.4 million of the 3-1/2% bonds of 1980, $160.6 million of the 3-1/2% bonds of 1990 and $289.5 million of the 3-1/2% bonds of 1998.
60/ Subscriptions for $100,000 or less were allotted in full. Subscriptions 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 $100 million for cash of eight series of weekly Treasury bills maturing from December 7, 1961, to January 25, 1962.
62/ Includes $2 million allotted to Government investment accounts of the 3-1/4% notes, $4 million of the 3-3/4% bonds of 1966, and $136 million of the 3-1/4% bonds of 1974.
63/ Holders of approximately $970 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 $306,000.
64/ Subscriptions for $50,000 or less were allotted in full. Subscriptions for more than $50,000 were allotted 60 percent but in no case less than $50,000. In addition, $100 million of the bonds were allotted to Government investment accounts.
65/ Includes $3,411 million allotted to Federal Reserve Banks and Government investment accounts of the 3-1/2% certificates and $1,518 million of the 4% notes.
p Preliminary.
February 1962
45
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 rowspan="2">Date of financing</th><th rowspan="2">Description of security</th><th colspan="2">Amount issued</th><th colspan="8">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 3/</th><th>Insurance companies</th><th>Mutual savings banks 4/</th><th>Corporations 4/</th><th>Private pension and retirement funds</th><th>State and local governments 5/ Pension and retirement funds</th><th>Other funds</th><th>Dealers and brokers 6/</th><th>All other 6/</th></tr><tr><td>2/15/53</td><td>2-1/4% Cert. 2-1/2% Bond 2/15/54-A 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>7/7/</td><td>7/7/</td><td>230 13</td><td>152 100</td><td>1,363 28</td></tr><tr><td>5/1/53</td><td>3-1/4% Bond 6/15/78-83</td><td>1,188</td><td>418</td><td>118 1</td><td>131 1</td><td>261 287</td><td>98 19</td><td>99 13</td><td>7/7/</td><td>7/7/</td><td>75 12</td><td>158 *</td><td>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>170</td></tr><tr><td>12/1/53</td><td>1-7/8% Note 12/15/54-B 2-1/2% Bond 12/15/58 2/</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</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>218 293</td></tr><tr><td>3/22/54</td><td>.956% Bill 6/24/54 8/</td><td>1,501</td><td>-</td><td>n.a.</td><td>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</td><td>2,897 3,886</td><td>26 1,686</td><td>1,138 1,982</td><td>175 41 68</td><td>146 74 28</td><td>139 23 4</td><td>216 247 558</td><td>36 20 6</td><td>*</td><td>37 103 294</td><td>219 276 76</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>192 85</td></tr><tr><td>8/15/54</td><td>1-1/8% Cert. 8/15/55-D 2-1/8% Bond 11/15/60</td><td>-</td><td>3,558 3,806</td><td>995 10</td><td>847 3,091</td><td>115 54</td><td>47 100</td><td>30 31</td><td>751 120</td><td>45 18</td><td>4 2</td><td>369 68</td><td>117 130</td></tr><tr><td>10/4/54</td><td>1-5/8% Note 5/15/57-B</td><td>4,155</td><td>-</td><td>12</td><td>2,718</td><td>141</td><td>98</td><td>70</td><td>497</td><td>69</td><td>2</td><td>87</td><td>344 117</td></tr><tr><td>12/15/54</td><td>1-1/8% Cert. 8/15/55-D 2/15/55-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 37</td><td>-</td><td>6 311 156</td><td>6 120 240</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>256 232 354</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>135 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 82 101 134</td></tr><tr><td>7/18/55</td><td>1-7/8% Cert. 3/22/56-A 8/</td><td>2,202</td><td>-</td><td>-</td><td>1,047</td><td>37</td><td>17</td><td>1</td><td>988</td><td>1</td><td>1</td><td>45</td><td>36 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>53 60</td></tr><tr><td>8/1/55</td><td>2% Cert. 6/22/56-B 8/ 2% Note 8/15/56-B 2/</td><td>-</td><td>1,486 6,841</td><td>-</td><td>387 400</td><td>29 64</td><td>21 32</td><td>10 9</td><td>666 205</td><td>5 31</td><td>2 3</td><td>96 151</td><td>222 7 185</td></tr><tr><td>10/11/55</td><td>2-1/4% Cert. 6/22/56-C 8/</td><td>2,970</td><td>-</td><td>-</td><td>1,782</td><td>44</td><td>18</td><td>4</td><td>976</td><td>*</td><td>1</td><td>38</td><td>65 42</td></tr><tr><td>12/1/55</td><td>2-5/8% Cert. 12/1/56-D 2-7/8% Note 6/15/58-A</td><td>-</td><td>9,083 2,283</td><td>5,757 1</td><td>1,349 1,099</td><td>108 52</td><td>33 62</td><td>16 37</td><td>998 478</td><td>4 24</td><td>2 1</td><td>342 261</td><td>240 137 234 131</td></tr><tr><td>12/15/55</td><td>2.465% Bill 3/23/56 8/</td><td>1,501</td><td>-</td><td>n.a.</td><td>1,402</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td></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>39 191 288 140</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>57 426</td></tr><tr><td>8/15/56</td><td>2-3/4% Cert. 3/22/57-B 8/</td><td>3,221</td><td>-</td><td>-</td><td>2,175</td><td>24</td><td>10</td><td>5</td><td>947</td><td>1</td><td>-</td><td>29</td><td>18 12</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.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td></tr><tr><td>11/16/56</td><td>2.617% Bill 2/15/57</td><td>1,750</td><td>-</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td></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 23 120 108</td></tr><tr><td>12/17/56</td><td>2.585% Bill 3/22/57 8/</td><td>1,006</td><td>-</td><td>n.a.</td><td>975</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td></tr><tr><td>1/16/57</td><td>3.305% Bill 6/24/57 8/</td><td>1,601 10/</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>2/15/57</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>855</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 3-1/2% Note 5/15/60-A 2/</td><td>2,437 942</td><td>-</td><td>5,708 131</td><td>1,159 725</td><td>116 21</td><td>48 47</td><td>26 31</td><td>573 114</td><td>49 14</td><td>1 2</td><td>448 64</td><td>168 205 118 110</td></tr><tr><td>5/1/57</td><td>3-1/2% Cert. 4/15/58-B 3-5/8% Note 2/15/62-A</td><td>-</td><td>2,351 647</td><td>112 365</td><td>1,042 166</td><td>25 3</td><td>62 14</td><td>14 3</td><td>487 45</td><td>42 1</td><td>*</td><td>272 9</td><td>91 29 204 12</td></tr></table>
Footnotes at end of table.
(Continued on following page)
46
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 colspan="2">Issue</th><th colspan="2">Amount issued</th><th colspan="8">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 2/</th><th>Insurance companies</th><th>Mutual savings banks</th><th>Corporations 4/</th><th>Private pension and retirement funds</th><th>State and local governments 5/ Pension and retirement funds</th><th>Other funds</th><th>Dealers and brokers 6/</th><th>All other 6/</th></tr><tr><td>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 4%</td><td>100 11/</td><td>9,871</td><td>7,991</td><td>650</td><td>50</td><td>27</td><td>17</td><td>691</td><td>19</td><td>1</td><td>319</td><td>129</td><td>77</td></tr><tr><td></td><td>Cert. 8/1/58-C</td><td>100 11/</td><td>10,487</td><td>6,822</td><td>1,606</td><td>170</td><td>56</td><td>45</td><td>827</td><td>26</td><td>7</td><td>478</td><td>141</td><td>409</td></tr><tr><td></td><td>Note 8/1/61-A</td><td>100 11/</td><td>2,509</td><td>271</td><td>1,394</td><td>68</td><td>54</td><td>48</td><td>174</td><td>6</td><td>28</td><td>215</td><td>129</td><td>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 9/</td><td>933</td><td>-</td><td>100</td><td>756</td><td>23</td><td>2</td><td>1</td><td>22</td><td>2</td><td>*</td><td>10</td><td>2</td><td>15</td></tr><tr><td></td><td>Note 8/15/62-B</td><td>2,000</td><td>-</td><td>100</td><td>1,450</td><td>93</td><td>31</td><td>50</td><td>49</td><td>5</td><td>6</td><td>2</td><td>175</td><td>39</td></tr><tr><td>10/1/57</td><td>4% Bond 10/1/69</td><td>657</td><td>-</td><td>100</td><td>296</td><td>84</td><td>16</td><td>21</td><td>20</td><td>5</td><td>12</td><td>9</td><td>79</td><td>15</td></tr><tr><td>11/29/57</td><td>3-3/4% Note 11/15/62-C</td><td>1,143</td><td>-</td><td>100</td><td>663</td><td>39</td><td>62</td><td>58</td><td>28</td><td>8</td><td>5</td><td>1</td><td>120</td><td>59</td></tr><tr><td>12/1/57</td><td>3-3/4% Cert. 12/1/58-D</td><td>-</td><td>9,833</td><td>7,938</td><td>658</td><td>34</td><td>24</td><td>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%</td><td>-</td><td>9,770</td><td>5,752</td><td>1,404</td><td>171</td><td>70</td><td>18</td><td>1,095</td><td>39</td><td>2</td><td>588</td><td>173</td><td>458</td></tr><tr><td></td><td>Bond 2/15/64</td><td>-</td><td>3,854</td><td>48</td><td>2,780</td><td>81</td><td>52</td><td>42</td><td>163</td><td>44</td><td>1</td><td>81</td><td>306</td><td>256</td></tr><tr><td>2/28/58</td><td>3-1/2% Bond 2/15/90</td><td>-</td><td>1,727</td><td>82</td><td>520</td><td>87</td><td>176</td><td>68</td><td>113</td><td>47</td><td>10</td><td>77</td><td>461</td><td>86</td></tr><tr><td>4/15/58</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>6/3/58</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>6/15/58</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</td><td>92</td><td>571</td><td>98</td><td>18</td><td>12</td><td>570</td><td>8</td><td>*</td><td>191</td><td>47</td><td>210</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>105</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</td><td>5,086</td><td>1,090</td><td>60</td><td>44</td><td>36</td><td>798</td><td>38</td><td>5</td><td>245</td><td>171</td><td>138</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</td><td>5,646</td><td>2,418</td><td>150</td><td>158</td><td>43</td><td>1,618</td><td>41</td><td>2</td><td>515</td><td>207</td><td>565</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</td><td>1,743</td><td>-</td><td>100</td><td>1,331</td><td>61</td><td>17</td><td>28</td><td>52</td><td>11</td><td>1</td><td>5</td><td>79</td><td>58</td></tr><tr><td>5/11/59</td><td>3.386% Bill 1/15/60 2/</td><td>2,000</td><td>-</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td></tr><tr><td>5/15/59</td><td>3.835% 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/</td><td>1,500</td><td>-</td><td>155</td><td>539</td><td>14</td><td>4</td><td>1</td><td>227</td><td>*</td><td>-</td><td>15</td><td>667</td><td>33</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>-</td><td>3</td><td>106</td><td>192</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>3</td></tr><tr><td>7/20/59</td><td>4-3/4% Note 5/15/64-A</td><td>-</td><td>4,184</td><td>2,666</td><td>803</td><td>32</td><td>25</td><td>48</td><td>180</td><td>10</td><td>32</td><td>68</td><td>190</td><td>130</td></tr><tr><td>8/1/59</td><td>4-3/4% Note 8/15/60-D</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/ 2/</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>2</td></tr><tr><td>10/15/59</td><td>5% Note 8/15/64-B</td><td>2,316</td><td>-</td><td>100</td><td>587</td><td>778</td><td>148</td><td>138</td><td>91</td><td>107</td><td>51</td><td>29</td><td>58</td><td>229</td></tr><tr><td>10/21/59</td><td>4.783% Bill 6/22/60 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-D</td><td>-</td><td>7,037</td><td>5,070</td><td>795</td><td>98</td><td>23</td><td>43</td><td>505</td><td>24</td><td>1</td><td>171</td><td>164</td><td>141</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>2</td></tr><tr><td>12/15/59</td><td>4-3/4% Note 5/15/64-A 9/</td><td>-</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>42</td><td>17</td><td>1</td><td>68</td></tr><tr><td>1/8/60</td><td>4.726% Bill 6/22/60 8/ 2/ 2,016</td><td>-</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>5.00% Bill 1/15/61</td><td>1,504 13/</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>294</td><td>175</td></tr><tr><td>1/15/60</td><td>4-7/8% Cert. 2/15/61-A 4-7/8% Note 11/1/64-C</td><td>-</td><td>6,938</td><td>3,656</td><td>1,039</td><td>132</td><td>104</td><td>30</td><td>1,121</td><td>43</td><td>4</td><td>337</td><td>111</td><td>301</td></tr><tr><td>4/1/60</td><td>4-1/4% Bond 5/1/75-85</td><td>470</td><td>-</td><td>100</td><td>87</td><td>25</td><td>8</td><td>33</td><td>7</td><td>20</td><td>92</td><td>16</td><td>59</td><td>131</td></tr><tr><td>4/14/60</td><td>4% Note 5/15/62-E</td><td>4,211</td><td>-</td><td>-</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>167</td></tr></table>
Footnotes on following page.
(Continued on following page)
February 1962
47
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="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 2/</th><th>Insurance companies</th><th>Mutual savings banks</th><th>Corporations 4/</th><th>Private pension and retirement funds</th><th>State and local governments 5/ Pension and retirement funds</th><th>Other funds</th><th>Dealers and brokers 6/</th><th>All other</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 g/</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/</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 g/</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 9/ 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</td><td>2,003 12/</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></td><td>2.277% Bills 12/7/61 14/ 1/25/62-E</td><td>800</td><td>-</td><td>-</td><td>361</td><td>-</td><td>-</td><td>-</td><td>82</td><td>-</td><td>-</td><td>17</td><td>333</td><td>7</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 9/</td><td>-</td><td>3,643p 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><tr><td>12/15/61</td><td>3-7/8% Bond 5/15/68 9/</td><td>-</td><td>320p</td><td>*</td><td>136</td><td>60</td><td>21</td><td>8</td><td>18</td><td>7</td><td>19</td><td>23</td><td>*</td><td>28</td></tr></table>
(Continued on following page)
48
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 colspan="2">Issue</th><th colspan="2">Amount issued</th><th colspan="7">Adjustments 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</th><th>Individuals</th><th>Insurance companies</th><th>Mutual savings banks</th><th>Corporations</th><th>Private pension and retirement funds</th><th>State and local governments</th><th>Dealers and brokers</th><th>All other</th></tr><tr><td>1/15/62</td><td>3.366% Bill</td><td>2,001p</td><td>-</td><td>217</td><td>1,078</td><td>14</td><td>12</td><td>7</td><td>117</td><td>3</td><td>*</td><td>21</td><td>404</td><td>128</td></tr><tr><td>1/24/62</td><td>4% Bond</td><td>1,114p</td><td>-</td><td>100</td><td>780</td><td>35</td><td>11</td><td>30</td><td>26</td><td>11</td><td>6</td><td>6</td><td>45</td><td>64</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, 1993, financing.
7/ Included in "All other."
8/ Tax anticipation security.
9/12/11/13/14
* p
happening at earlier issue.
Issued as a rollover of bills maturing January 15, 1957, and February 15, 1957, respectively.
Issued in special allotment to Government investment accounts.
Issued as a rollover of one-year bills.
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 but were permitted to present them in payment or exchange, in whole or in part, for the new issues.
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.
Less than $500,000.
Preliminary. n.a. Not available.
February 1962
49
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>Called or maturing security 1/ Description</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></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 colspan="9">(In millions of dollars)</td></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>10/8/52</td><td>2,502</td><td>2,502 3/</td><td>-</td><td>-</td><td>-</td><td></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>- 5,688</td><td>4,963 725</td><td>4,410 448 4,858</td><td>553 277 829</td><td>2-5/8% Certificate - 6/1/54-B</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></tr><tr><td>8/15/53</td><td>2% Certificate - 8/15/53-C</td><td>8/15/52</td><td>2,882</td><td>-</td><td>2,882</td><td>2,788</td><td>93</td><td>2-5/8% Certificate - 8/15/54-D 2-5/8% Certificate - 9/15/54-E 2-7/8% Note - 3/15/57-A</td></tr><tr><td>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></td></tr><tr><td>9/18/53</td><td>2.383% Bill - 9/18/53</td><td>6/3/53</td><td>800</td><td>800 3/</td><td>-</td><td>8,175 1,748</td><td>118</td><td>1-7/8% Note - 12/15/54-B 2-1/2% Bond - 12/15/58 2-1/4% Certificate - 2/15/55-A 11/15/61 2-1/2% Bond - 11/15/61</td></tr><tr><td>12/1/53</td><td>2-1/8% Note - 12/1/53-A 2-1/4% Certificate - 2/15/54-A 1-3/8% Note - 3/15/54-A</td><td>10/1/52 2/15/53 12/15/49</td><td>10,542 8,114 4,675</td><td>500 4/ -</td><td>10,042 8,114 4,675</td><td>5,647 2,360 1,360 3,237</td><td>108 78</td><td>1-5/8% Certificate - 2/15/55-A 11/15/61 1-5/8% Certificate - 2/15/55-A 11/15/61</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>- 1,501 681 -</td><td>5,825 1,128 6/ 369 6/ 20,796</td><td>18,184</td><td>186</td><td>2-1/2% Bond - 11/15/61 7,007 of 1-5/8% Certificate 11,177 of 2-1/2% Bond</td></tr><tr><td>3/22/54</td><td>2-1/2% Certificate - 3/22/54-C 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 6/26/44 2/25/42 7/22/40</td><td>5,902 1,743 373 311</td><td>5,902 3/ - -</td><td>- 1,743 373 311</td><td>- 1,505 322 273</td><td>238 51 38</td><td>1-1/8% Certificate - 5/17/55-B 1-1/8% Certificate - 5/17/55-B 1-7/8% Note - 2/15/59-A</td></tr><tr><td>1/17/54</td><td>2-5/8% Certificate - 6/1/54-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><td>3,886 of 1-1/8% Certificate 2,897 of 1-7/8% Note</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 3/</td><td>-</td><td>-</td><td>-</td><td></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 3/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>8/15/54</td><td>2-5/8% Certificate - 8/15/54-D 2-5/8% Certificate - 9/15/54-E Total.................</td><td>8/15/53 9/15/53</td><td>2,788 4,724 7,512</td><td>- -</td><td>2,788 4,724 7,512</td><td>1,005 1,728 2,553 2,078 7,364</td><td>55 93 148</td><td>3,558 of 1-1/8% Certificate 3,806 of 2-1/8% Bond 1-1/8% Certificate - 8/15/55-D 2-1/8% Bond - 11/15/60 1-1/8% Certificate - 8/15/55-D 2-1/8% Bond - 11/15/60</td></tr><tr><td>12/15/54</td><td>1-7/8% Note - 12/15/54-B 2% Bond - 12/15/52-54 2% Bond - 12/15/51-55 Total.................</td><td>12/1/53 12/1/44 12/15/41</td><td>8,175 8,662 510 17,347</td><td>- - -</td><td>8,175 8,662 510 17,347</td><td>4,498 3,289 346 407 1,983 6,028 14 88 380 17,033</td><td>43 243 29 315</td><td>1-1/8% Certificate - 8/15/55-D 1-1/4% Certificate - 12/15/55-E 2-1/2% Bond - 8/15/63 1-1/8% Certificate - 8/15/55-D 1-1/4% Certificate - 12/15/55-E 2-1/2% Bond - 8/15/63 1-1/8% Certificate - 8/15/55-D 1-1/4% Certificate - 12/15/55-E 2-1/2% Bond - 8/15/63 4,919 of 1-1/8% Certificate 5,359 of 1-1/4% Certificate 6,755 of 2-1/2% Bond</td></tr><tr><td>2/15/55</td><td>1-5/8% Certificate - 2/15/55-A 1-1/2% Note - 3/15/55-A 2-7/8% Bond - 3/15/55-60 Total.................</td><td>2/15/54 3/15/50 3/15/35</td><td>7,007 5,365 2,611 14,983</td><td>- - -</td><td>7,007 5,365 2,611 14,983</td><td>5,735 1,166 2,414 2,626 323 1,924 14,188</td><td>106 326 364 795</td><td>1-5/8% Note - 3/15/56-A 2% Note - 8/15/57-2 1-5/8% Note - 3/15/56-A 2% Note - 8/15/57-2 1-5/8% Note - 3/15/56-A 2% Note - 8/15/57-2 8,472 of 1-5/8% Note 3,792 of 2% Note 1,924 of 3% Bond</td></tr><tr><td>3/22/55</td><td>1% Certificate - 3/22/55-C</td><td>8/2/54</td><td>3,734</td><td>3,734 2/</td><td>-</td><td>-</td><td>-</td><td></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>3,174</td><td>712</td><td>2% Note - 8/15/56-B</td></tr><tr><td>6/22/55</td><td>1-3/8% Certificate - 6/22/55-F</td><td>4/1/55</td><td>3,210</td><td>3,210 3/</td><td>-</td><td>-</td><td>-</td><td></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>1,486 6,841</td><td>149</td><td>2% Certificate - 6/2/56-B 8/ 2% Note - 8/1/56-B</td></tr></table>
Footnotes at end of table.
(Continued on following page)
50
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 6.- Disposition of Matured Public Marketable Securities Other Than Regular Weekly Treasury Bills - (Continued)
<table><tr><th>Date of refunding or retirement</th><th colspan="3">Called or maturity 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>12/1/55</td><td>1-1/4% Certificate - 12/15/55-E</td><td>12/15/54</td><td>5,359</td><td>-</td><td>5,359</td><td>{4,158 814}</td><td>387</td><td>2-5/8% Certificate - 12/1/56-D 2-7/8% Note - 6/15/58-A</td></tr><tr><td></td><td>1-3/4% Note - 12/15/55-B</td><td>12/15/50</td><td>6,854</td><td>-</td><td>6,854</td><td>{4,925 1,469}</td><td>460</td><td>2-5/8% Certificate - 12/1/56-D 2-7/8% Note - 6/15/58-A</td></tr><tr><td></td><td>Total</td><td></td><td>12,213</td><td>-</td><td>12,213</td><td>11,366</td><td>847</td><td>9,083 of 2-5/8% Certificate 2,283 of 2-7/8% Note</td></tr><tr><td>3/5/56</td><td>1-5/8% Note - 3/15/56-A</td><td>2/15/55</td><td>8,472</td><td>-</td><td>8,472</td><td>{6,215 2,109}</td><td>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 7,219 of 2-5/8% Certificate 2,109 of 2-7/8% Note 10/</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></td></tr><tr><td>3/22/56</td><td>1-7/8% Certificate - 3/22/56-A</td><td>7/18/55</td><td>2,202</td><td>2,202 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>3/23/56</td><td>2.465% Bill - 3/23/56</td><td>12/55/55</td><td>1,501</td><td>1,501 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>6/22/56</td><td>2% Certificate - 6/22/56-B</td><td>8/1/55</td><td>1,486</td><td>1,486 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>6/22/56</td><td>2-1/4% Certificate - 6/22/56-C</td><td>10/11/55</td><td>2,970</td><td>2,970 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>7/16/56</td><td>2% Note - 8/15/56-B</td><td>5/17/55</td><td>12,547</td><td>159 11/</td><td>12,388</td><td>11,528</td><td>860</td><td>2-3/4% Note - 8/1/57-D</td></tr><tr><td></td><td>1-1/2% Note - 10/1/56-EO</td><td>10/1/51</td><td>550</td><td>-</td><td>550</td><td>528</td><td>22</td><td></td></tr><tr><td></td><td>Total</td><td></td><td>13,097</td><td>159</td><td>12,938</td><td>12,056</td><td>882</td><td></td></tr><tr><td>9/15/56</td><td>2-3/4% Bond - 9/15/56-59</td><td>9/15/36</td><td>982</td><td>982</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>12/1/56</td><td>2-5/8% Certificate - 12/1/56-D</td><td>12/1/55</td><td>9,083</td><td>-</td><td>9,083</td><td>{1,312 7,271}</td><td>500</td><td>3-1/4% Certificate - 6/24/57-C 12/ 3-1/4% Certificate - 10/1/57-D</td></tr><tr><td>1/16/57</td><td>2.627% Bill - 1/16/57</td><td>10/17/56</td><td>1,603</td><td>1,603 13/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>2/15/57</td><td>2.617% Bill - 2/15/57</td><td>11/16/56</td><td>1,750</td><td>1,750 13/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td></td><td>2-5/8% Certificate - 2/15/57-A</td><td>3/5/56</td><td>7,219</td><td>-</td><td>7,219</td><td>{6,394 543}</td><td>282</td><td>3-3/8% Certificate - 2/14/58-A 3-1/2% Note - 5/15/60-A</td></tr><tr><td>2/15/57</td><td>2-7/8% Note - 3/15/57-A</td><td>9/15/53</td><td>2,997</td><td>-</td><td>2,997</td><td>{1,498 920}</td><td>578</td><td>3-3/8% Certificate - 2/14/58-A 3-1/2% Note - 5/15/60-A</td></tr><tr><td></td><td>1-1/2% Note - + 1/57-EA</td><td>4/1/52</td><td>531</td><td>-</td><td>531</td><td>522</td><td>9</td><td>3-3/8% Certificate - 2/14/58-A 8,414 of 3-3/8% Certificate 1,464 of 3-1/2% Note</td></tr><tr><td></td><td>Total</td><td></td><td>10,747</td><td>-</td><td>10,747</td><td>9,878</td><td>870</td><td></td></tr><tr><td>3/22/57</td><td>2.585% Bill - 3/22/57</td><td>12/17/56</td><td>1,006</td><td>1,006 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>3/22/57</td><td>2-3/4% Certificate - 3/22/57-B</td><td>8/15/56</td><td>3,321</td><td>3,321 3/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>5/15/57</td><td>1-5/8% Note - 5/15/57-B</td><td>10/4/54</td><td>4,155</td><td>-</td><td>4,155</td><td>{2,351 647}</td><td>1,157</td><td>3-1/2% Certificate - 4/15/58-B 3-5/8% Note - 2/15/62-A</td></tr><tr><td>6/24/57</td><td>3.305% Bill - 6/24/57</td><td>1/16/57</td><td>1,601</td><td>1,601 3/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>6/24/57</td><td>3.231% Bill - 6/24/57</td><td>2/15/57</td><td>1,750</td><td>1,750 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>6/24/57</td><td>3-1/4% Certificate - 6/24/57-C</td><td>12/1/56</td><td>1,312</td><td>1,312 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td></td><td>2-3/4% Note - 8/1/57-D</td><td>7/16/56</td><td>12,056</td><td>-</td><td>12,056</td><td>{8,893 1,783 1,039}</td><td>342</td><td>3-5/8% Certificate - 12/1/57-E 4% Certificate - 8/1/58-C 4% Note - 8/1/61-A</td></tr><tr><td></td><td>2% Note - 8/15/57-C</td><td>2/15/55</td><td>3,792</td><td>-</td><td>3,792</td><td>{978 1,327 1,118}</td><td>369</td><td>3-5/8% Certificate - 12/1/57-E 4% Certificate - 8/1/58-C 4% Note - 8/1/61-A</td></tr><tr><td>8/1/57</td><td>3-1/4% Certificate - 10/1/57-D</td><td>12/1/56</td><td>7,271</td><td>-</td><td>7,271</td><td>{6,634 319}</td><td>318</td><td>4% Certificate - 8/1/58-C 4% Note - 8/1/61-A</td></tr><tr><td></td><td>1-1/2% Note - 10/1/57-EO</td><td>10/1/52</td><td>824</td><td>-</td><td>824</td><td>{743 32}</td><td>49</td><td>4% Certificate - 8/1/58-C 4% Note - 8/1/61-A</td></tr><tr><td></td><td>Total</td><td></td><td>23,943</td><td>-</td><td>23,943</td><td>22,866</td><td>1,077</td><td>9,871 of 3-5/8% Certificate 10,487 of 4% Certificate 2,509 of 4% Note</td></tr><tr><td>9/13/57</td><td>2.825% Bill - 9/23/57</td><td>5/27/57</td><td>1,501</td><td>1,501 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>12/2/57</td><td>3-5/8% Certificate - 12/1/57-E</td><td>8/1/57</td><td>9,971</td><td>-</td><td>9,971</td><td>9,833</td><td>138</td><td>3-3/4% Certificate - 12/1/58-D</td></tr></table>
Footnotes at end of table.
(Continued on following page)
February 1962
51
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 rowspan="8">2/14/58</td><td>3-3/8% Certificate - 2/14/58-A</td><td>2/15/57</td><td>10,851</td><td>-</td><td>10,851</td><td>7,493 {1,980 {1,121</td><td>257</td><td>2-1/2% Certificate - 2/14/59-A 3% Bond - 2/15/64 3-1/2% Bond</td></tr><tr><td>2-1/2% Bond - 3/15/56-58</td><td>6/2/41</td><td>1,449</td><td>-</td><td>1,449</td><td>343 {592 {350</td><td>164</td><td>2-1/2% Certificate - 2/14/59-A 3% Bond - 2/15/64 3-1/2% Bond</td></tr><tr><td>1-1/2% Note - 4/1/58-EA</td><td>4/1/53</td><td>383</td><td>-</td><td>383</td><td>194 {115 {25</td><td>49</td><td>2-1/2% Certificate - 2/14/59-A 3% Bond - 2/15/64 3-1/2% Bond</td></tr><tr><td>3-1/4% Bill - 4/15/58</td><td>8/21/57</td><td>1,751</td><td>-</td><td>1,751</td><td>677 {372 {96</td><td>607</td><td>2-1/2% Certificate - 2/14/59-A 3% Bond - 2/15/64 3-1/2% Bond</td></tr><tr><td>3-1/2% Certificate - 4/15/58-B</td><td>5/1/57</td><td>2,351</td><td>-</td><td>2,351</td><td>1,064 {796 {135</td><td>357</td><td>2-1/2% Certificate - 2/14/59-A 3% Bond - 2/15/64 3-1/2% Bond</td></tr><tr><td>Total</td><td></td><td>16,785</td><td>-</td><td>16,785</td><td>15,351</td><td>1,433</td><td>9,770 of 2-1/2% Certificate 3,854 of 3% Bond 1,727 of 3-1/2% Bond</td></tr><tr><td>3/24/58</td><td>3.485% Bill - 3/24/58</td><td>7/3/57</td><td>3,002</td><td>3,002 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>2-7/8% Note - 6/15/58-A</td><td>12/1/55</td><td>4,392</td><td>-</td><td>4,392</td><td>1,015 {3,195</td><td>181</td><td>1-1/4% Certificate - 5/15/59-B 2-5/8% Bond</td></tr><tr><td rowspan="3">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 {710</td><td>28</td><td>1-1/4% Certificate - 5/15/59-B 2-5/8% Bond</td></tr><tr><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>3,392</td><td>143</td><td>1-1/4% Certificate - 5/15/59-B 2-5/8% Bond</td></tr><tr><td>Total</td><td></td><td>9,555</td><td>-</td><td>9,555</td><td>9,204</td><td>351</td><td>1,817 of 1-1/4% Certificate 7,388 of 2-5/8% Bond</td></tr><tr><td>June 158</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 158</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 2-1/4% Bond - 9/15/56-59 15/ 2/1/44</td><td>8/1/57</td><td>11,519 {3,818</td><td>-</td><td>11,519 {3,818</td><td>10,634 {2,206</td><td>885 {1,612</td><td>1-5/8% Certificate - 8/1/59-C</td></tr><tr><td></td><td>2-3/8% Bond - 3/15/57-59 15/ 3/1/52</td><td></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-EO</td><td>10/1/53</td><td>121</td><td>121</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td></td><td>3-3/4% Certificate - 12/1/58-D</td><td>12/1/57</td><td>9,833</td><td>-</td><td>9,833</td><td>6,433 {3,300</td><td>100</td><td>3-3/8% Certificate - 11/15/59-E 3-5/8% Note</td></tr><tr><td>12/1/58</td><td>2-1/2% Bond - 12/15/58</td><td>2/15/53</td><td>2,368</td><td>-</td><td>2,368</td><td>1,277 {778</td><td>312</td><td>3-3/8% Certificate - 11/15/59-E 3-5/8% Note</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 - 2/15/60-A 4% Note - 2/15/62-D</td></tr><tr><td></td><td>1-7/8% Note - 2/15/59-A</td><td>5/17/54</td><td>5,102</td><td>-</td><td>5,102</td><td>3,048 {856</td><td>1,199</td><td>3-3/4% Certificate - 2/15/60-A 4% Note - 2/15/62-D</td></tr><tr><td></td><td>Total</td><td></td><td>14,872</td><td>-</td><td>14,872</td><td>12,798</td><td>2,075</td><td>11,363 of 3-3/4% Certificate 1,435 of 4% Note</td></tr><tr><td>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>119</td><td>119</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>5/15/59</td><td>1-1/4% Certificate - 5/15/59-B</td><td>6/15/58</td><td>1,817</td><td>-</td><td>1,817</td><td>1,269</td><td>547</td><td>4% Certificate - 5/15/60-B</td></tr><tr><td>5/15/59</td><td>3-1/4% Bill - 5/15/59</td><td>10/8/58</td><td>2,735</td><td>2,735</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>6/22/59</td><td>2.999% Bill - 6/22/59</td><td>11/20/58</td><td>2,997</td><td>2,997 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>8/1/59</td><td>1-5/8% Certificate - 8/1/59-C</td><td>8/1/58</td><td>13,500</td><td>-</td><td>13,500</td><td>9,128 {4,152</td><td>221</td><td>4-3/4% Note - 8/15/60-E 4-3/4% Note - 5/15/64-A</td></tr><tr><td></td><td>4% Note - 8/1/61-A</td><td>8/1/57</td><td>473 16/</td><td>-</td><td>473</td><td>433 {32</td><td>8</td><td>4-3/4% Note - 8/15/60-C 4-3/4% Note - 5/15/64-A</td></tr><tr><td></td><td>Total</td><td></td><td>13,973</td><td>-</td><td>13,973</td><td>13,745</td><td>228</td><td>9,561 of Note - 8/15/60 4,184 of Note - 5/15/64</td></tr><tr><td>9/21/59</td><td>3.293% Bill - 9/21/59</td><td>2/16/59</td><td>1,502</td><td>1,502 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>10/1/59</td><td>1-1/2% Note - 10/1/59-EO</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)
52
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 6.- Disposition of Matured Public Marketable Securities Other Than Regular Weekly Treasury Bills - (Continued)
<table><tr><th>Date of refunding or retirement</th><th colspan="3">Called or maturing security 1/</th><th colspan="2">Disposition 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>11.15/61</td><td>3-3/8% Certificate - 11/15/59-E</td><td>12/1/58</td><td>7,711</td><td>-</td><td>7,711</td><td>6,534 871</td><td>306</td><td>4-3/4% Certificate - 11/15/60-C</td></tr><tr><td></td><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>4-7/8% Note - 11/15/63-C</td></tr><tr><td></td><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></td><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 - 11/15/63-C</td></tr><tr><td></td><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</td></tr><tr><td>12/22/59</td><td>3.56% Bill - 12/22/59</td><td>5/15/59</td><td>1,500</td><td>1,500 2/</td><td>-</td><td>-</td><td>-</td><td>3,011 of 4-7/8% Note</td></tr><tr><td>1/15/60</td><td>3.38% 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></tr><tr><td></td><td>3-3/4% Certificate - 2/15/60-A</td><td>2/15/59</td><td>11,363</td><td>-</td><td>11,363</td><td>6,829 4,163</td><td>370</td><td>4-7/8% Certificate - 2/15/61-A</td></tr><tr><td></td><td>1-1/2% Note - 4/1/60-EA</td><td>4/1/55</td><td>198</td><td>-</td><td>198</td><td>109 32</td><td>57</td><td>4-7/8% Note - 11/15/64-C</td></tr><tr><td></td><td>Total</td><td></td><td>11,561</td><td>-</td><td>11,561</td><td>11,134</td><td>427</td><td>6,938 of 4-7/8% Certificate</td></tr><tr><td>2/15/60</td><td>4% Note - 8/15/62-B</td><td>9/26/57</td><td>159 19/</td><td>159</td><td>-</td><td>-</td><td>-</td><td>4,195 of 4-7/8% Note</td></tr><tr><td>3/22/60</td><td>4.075% Bill - 3/22/60</td><td>7/8/59</td><td>3,005</td><td>3,005 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td></td><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></tr><tr><td>4/1/60</td><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></tr><tr><td>4/15/60</td><td>3.835% Bill - 4/15/60</td><td>5/11/59</td><td>2,003</td><td>2,003 18/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td></td><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>98</td><td>4-3/8% Certificate - 5/15/61-B</td></tr><tr><td></td><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>1,038 1,086</td><td>282</td><td>4-5/8% Note - 5/15/65-A</td></tr><tr><td>5/15/60</td><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>246</td><td>4-3/8% Certificate - 5/15/61-B</td></tr><tr><td></td><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 4-3/8% Certificate</td></tr><tr><td>6/22/60</td><td>4.783% Bill - 6/22/60</td><td>10/21/59</td><td>2,002</td><td>2,002 2/</td><td>-</td><td>-</td><td>-</td><td>2,113 of 4-5/8% Note</td></tr><tr><td></td><td>4.726% Bill - 6/22/60</td><td>10/21/59</td><td>2,016</td><td>2,016 2/</td><td>-</td><td>-</td><td>-</td><td></td></tr><tr><td>7/1/61</td><td>2-1/2% Bond - 11/15/61</td><td>2/15/54</td><td>11,177</td><td>-</td><td>3,500 21/</td><td>3,893 320</td><td>-</td><td>3-3/4% Note - 5/15/64-D</td></tr><tr><td></td><td>4.728% 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>3-7/8% Bond - 5/15/68</td></tr><tr><td>8/1/61</td><td>4-3/4% Note - 8/15/60-C</td><td>8/1/59</td><td>9,561</td><td>9,561 22/</td><td>-</td><td>5,751 28</td><td>3,781 23/</td><td>3-1/8% Certificate - 8/1/61-C</td></tr><tr><td>10/1/60</td><td>1-1/2% Note - 10/1/60-EO</td><td>10/1/55</td><td>278</td><td>278</td><td>-</td><td>-</td><td>-</td><td>3-7/8% Bond - 5/15/68 44/</td></tr><tr><td>10/3/60 20/</td><td>2-1/2% Bond - 6/15/64-69</td><td>4/15/43</td><td>3,737</td><td>-</td><td>2,109 25/</td><td>643 993</td><td>-</td><td>3-1/2% Bond - 11/15/80</td></tr><tr><td></td><td>2-1/2% Bond - 12/15/64-69</td><td>9/15/43</td><td>3,811</td><td>-</td><td>4,500 25/</td><td>2,343</td><td>-</td><td>3-1/2% Bond - 2/15/90 24/</td></tr><tr><td></td><td>Total</td><td></td><td>12,473</td><td>-</td><td>6,609</td><td>3,979</td><td>-</td><td>3-1/2% Bond - 11/15/98</td></tr><tr><td>11/17/60</td><td>4.860% 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></td><td>4-3/4% Certificate - 11/15/60-C</td><td>11/15/59</td><td>7,037</td><td>-</td><td>7,037</td><td>6,431 335</td><td>271</td><td>3-1/4% Note - 2/15/62-F</td></tr><tr><td>11/15/60</td><td>2-1/8% Bond - 11/15/60</td><td>8/15/54</td><td>3,806</td><td>-</td><td>3,806</td><td>2,667 878</td><td>262</td><td>3-3/4% Bond - 5/15/66</td></tr><tr><td></td><td>Total</td><td></td><td>10,844</td><td>-</td><td>10,844</td><td>10,311</td><td>533</td><td>9,098 of 3-1/4% Note</td></tr><tr><td>1/15/61</td><td>5.00% Bill - 1/15/61</td><td>1/15/60</td><td>1,504</td><td>1,504 18/</td><td>-</td><td>-</td><td>-</td><td>1,13 of 3-3/4% Bond</td></tr><tr><td>1/15/61</td><td>4-7/8% Certificate - 1/15/61</td><td>2/15/60</td><td>6,938</td><td>6,938 26/</td><td>-</td><td>3,670</td><td>3,268 27/</td><td>3-1/4% Note - 8/15/62-G</td></tr><tr><td>7/1/61 11/61</td><td>2-1/4% Bond - 6/15/59-62</td><td>6/1/45</td><td>5,262</td><td>-</td><td>5,000 28/</td><td>1,296 1,177</td><td>-</td><td>3-5/8% Bond - 11/15/67</td></tr><tr><td></td><td>2-1/4% Bond - 12/15/59-62</td><td>11/15/45</td><td>3,449</td><td>-</td><td>3,000 18/</td><td>1,131 2,438</td><td>-</td><td>3-1/8% Bond - 11/15/66</td></tr><tr><td></td><td>2-5/8% Note - 2/15/63-A</td><td>4/15/58</td><td>3,971</td><td>-</td><td>-</td><td>-</td><td>-</td><td>3-1/4% of 3-3/8% Bond</td></tr><tr><td></td><td>2-1/2% Bond - 8/15/63</td><td>12/1/54</td><td>6,755</td><td>-</td><td>-</td><td>0,041</td><td>-</td><td>3,66 of 3-5/8% Bond</td></tr><tr><td></td><td>Total</td><td></td><td>19,436</td><td>-</td><td>8,000</td><td>0,041</td><td>-</td><td></td></tr></table>
Footnotes and or table.
(continued on following page)
February 1962
53
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>Amount outstanding</th><th colspan="2">Disposition offers by Treasury</th><th colspan="2">Results of exchange offers</th><th colspan="2">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><th></th></tr><tr><td>3/22/61</td><td>2.823% Bill - 3/22/61</td><td>7/13/60</td><td></td><td>3,512</td><td>3,512 3/</td><td>-</td><td>-</td><td>-</td><td></td><td></td></tr><tr><td>4/1/61</td><td>1-1/2% Note - 4/1/61-EA</td><td>4/1/56</td><td></td><td>144</td><td>144</td><td>-</td><td>-</td><td>-</td><td></td><td></td></tr><tr><td>4/15/61</td><td>4.608% Bill - 4/15/61</td><td>4/15/60</td><td></td><td>2,001</td><td>2,001 18/</td><td>-</td><td>-</td><td>-</td><td></td><td></td></tr><tr><td></td><td>(4-3/8% Certificate - 5/15/61-B</td><td>5/15/60</td><td></td><td>3,674</td><td>3,674</td><td>-</td><td>{54 22</td><td>3,599</td><td>{3% Certif. - 5/15/62-A</td><td>5/15/63-D</td></tr><tr><td>5/15/61</td><td>3-5/8% Note - 5/15/61-B</td><td>12/1/58</td><td></td><td>4,078</td><td>4,078</td><td>-</td><td>{1,727 829</td><td>1,523</td><td>{3% Certif. - 5/15/62-A</td><td>5/15/63-D</td></tr><tr><td></td><td>Total</td><td></td><td></td><td>7,753</td><td>7,753 29/</td><td>-</td><td>2,631</td><td>5,122 20/</td><td></td><td></td></tr><tr><td>6/1/61</td><td>3% Bond (Panama Canal loan)</td><td>6/1/61</td><td></td><td>50</td><td>50</td><td>-</td><td>-</td><td>-</td><td></td><td></td></tr><tr><td>6/22/61</td><td>2.788% Bill - 6/22/61</td><td>10/21/60</td><td></td><td>3,504</td><td>3,504 2/</td><td>-</td><td>-</td><td>-</td><td></td><td></td></tr><tr><td>7/15/61</td><td>3.265% Bill - 7/15/61</td><td>7/15/60</td><td></td><td>1,501</td><td>1,501 18/</td><td>-</td><td>-</td><td>-</td><td></td><td></td></tr><tr><td></td><td>(3-1/8% Certificate - 8/1/61-C</td><td>8/15/60</td><td></td><td>7,829</td><td>-</td><td>7,829</td><td>{4,560p 3,049p 131p</td><td>88p</td><td>{3-1/4% Note - 11/15/62-H</td><td>8/15/64-E</td></tr><tr><td></td><td>4% Note - 8/1/61-A</td><td>8/1/57</td><td></td><td>2,136</td><td>-</td><td>2,136</td><td>{658p 991p 289p</td><td>198 p</td><td>{3-1/4% Note - 11/15/62-H</td><td>8/15/64-E</td></tr><tr><td>8/1/61</td><td>2-3/4% Bond - 9/15/61</td><td>11/9/53</td><td></td><td>2,239</td><td>-</td><td>2,239</td><td>{681p 890p 320p</td><td>348p</td><td>{3-1/4% Note - 11/15/62-H</td><td>8/15/64-E</td></tr><tr><td></td><td>1-1/2% Note - 10/1/61-BO</td><td>10/1/56</td><td></td><td>332</td><td>-</td><td>332</td><td>{183p 89p 8p</td><td>52 p</td><td>{3-1/4% Note - 11/15/62-H</td><td>8/15/64-E</td></tr><tr><td></td><td>Total</td><td></td><td></td><td>12,536</td><td>-</td><td>12,536</td><td>11,850p</td><td>686p</td><td>{6,082p of 3-1/4% Note 5,019p of 3-3/4% Note 749p of 3-7/8% Bond</td><td></td></tr><tr><td>9/15/61 20/</td><td>2-1/2% Bond - 3/15/65-70</td><td>2/1/44</td><td></td><td>4,688</td><td>-</td><td>4,688</td><td>{1,035p 722p 495p</td><td>-</td><td>{3-1/2% Bond - 11/15/80 24</td><td>2/15/90 24</td></tr><tr><td></td><td>2-1/2% Bond - 3/15/66-71</td><td>12/1/44</td><td></td><td>2,927</td><td>-</td><td>2,927</td><td>{238p 576p 692p</td><td>-</td><td>{3-1/2% Bond - 11/15/80 24</td><td>2/15/90 24</td></tr><tr><td></td><td>Total</td><td></td><td></td><td>7,615</td><td>-</td><td>7,615</td><td>{1,273p 1,298p 1,187p</td><td>-</td><td>{3-1/2% Bond - 11/15/80 24</td><td>2/15/90 24</td></tr><tr><td>9/22/61</td><td>2.473% Bill - 9/22/61</td><td>4/3/61</td><td></td><td>1,503</td><td>1,503 3/</td><td>-</td><td>-</td><td>-</td><td></td><td></td></tr><tr><td>10/16/61</td><td>3.131% Bill - 10/16/61</td><td>10/17/60</td><td></td><td>1,502</td><td>1,502 18/</td><td>-</td><td>-</td><td>-</td><td></td><td></td></tr><tr><td>11/15/61</td><td>2-1/2% Bond - 11/15/61</td><td>2/15/54</td><td></td><td>6,963</td><td>-</td><td>6,963</td><td>{3,642p 2,384p 517p</td><td>419p</td><td>{3-1/4% Note - 2/15/63-E</td><td>5/15/66 24</td></tr><tr><td>1/15/62</td><td>2.679% Bill - 1/15/62</td><td>1/15/61</td><td></td><td>1,502</td><td>1,502 18/</td><td>-</td><td>-</td><td>-</td><td></td><td></td></tr><tr><td></td><td>(3-5/8% Note - 2/15/62-A</td><td>5/1/57</td><td></td><td>647</td><td>-</td><td>647</td><td>{282p 303p</td><td>61p</td><td>{3-1/2% Certif. - 2/15/63-A</td><td>8/15/66-A</td></tr><tr><td>2/15/62</td><td>4% Note - 2/15/62-D</td><td>2/15/59</td><td></td><td>1,435</td><td>-</td><td>1,435</td><td>{454p 858p</td><td>124p</td><td>{3-1/2% Certif. - 2/15/63-A</td><td>8/15/66-A</td></tr><tr><td></td><td>3-1/4% Note - 2/15/62-F</td><td>11/15/60</td><td></td><td>9,098</td><td>-</td><td>9,098</td><td>{5,753p 3,198p</td><td>148p</td><td>{3-1/2% Certif. - 2/15/63-A</td><td>8/15/66-A</td></tr><tr><td></td><td>1-1/2% Note - 4/1/62-EA</td><td>4/1/57</td><td></td><td>551</td><td>-</td><td>551</td><td>{370p 95p</td><td>86p</td><td>{3-1/2% Certif. - 2/15/63-A</td><td>8/15/66-A</td></tr><tr><td></td><td>Total</td><td></td><td></td><td>11,731</td><td>-</td><td>11,731</td><td>11,312p</td><td>419p</td><td>{6,858p of 3-1/2% Certificate 4,454p of 4% Note</td><td></td></tr></table>
Source: Bureau of the Public Debt. Preliminary figures are from subscription and allotment reports; final figures are on "clearance basis" in daily Treasury statement. Original call and maturity dates are used. All by investors other than Federal Reserve Banks. Tax anticipation issue; for detail of offerings beginning 1953, see Table 4; for amounts redeemed for taxes and for cash see "Note" below. 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).
Remaining footnotes on following page.
54
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Footnotes to Table 6 - (Continued)
Reopening of November 28, 1955, offering (see Table 4). During June 1956, $159 million of these notes were purchased by the Treasury for account of the Sinking Fund and retired. Also designated tax anticipation certificates. Two issues of bills, maturing January 16, 1957, and February 15, 1957 respectively, were rolled over into two issues of tax anticipation bills, both maturing June 24, 1957. During June and July 1958, $491 million of the 2-5/8% Treasury bonds of 1965 were purchased by the Treasury for retirement under section 19 of the Second Liberty Bond Act, as amended (31 U.S.C. 754a). Called on May 14, 1958, for redemption on September 15, 1958. Represents amount which owners exercised the option to redeem on August 1, 1959 (see Table 4, footnote 22). Holders of the 4% notes, who had the option to redeem at par on February 15, 1960, by giving notice not later than November 16, 1959, were permitted to exchange their holdings on November 15, 1959, for the 4-7/8% notes. Rolled over into a one-year bill (see Table 4). Amount which owners exercised the option to redeem on February 15, 1960 (see Table 4, footnote 24). Advance refunding offering. Pursuant to the provisions of section 1037 (a) of the Internal Revenue Code of 1954 as added by Public Law 86-346, approved September 22, 1959, the Secretary of the Treasury has declared that no gain or loss shall 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 investor will carry the new securities on his books at the same amount as he had been carrying the eligible securities exchanged. Gain or 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, 1960, to June 13, 1960, inclusive, subject to allotment if subscriptions exceeded by 10 percent the offering limits of $3.5 billion for the notes and $1.5 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 3-7/8% 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 allotments of new securities on subscriptions from holders of those notes (see Table 4, footnotes 44 and 46). Reopening of an earlier issue. Holders of 2-1/2% Treasury bonds maturing June 15, 1967, December 15, 1968, June 15, 1969, and December 15, 1969, were offered the option to exchange the bonds during the period from September 12, 1960, to September 20, 1960, inclusive, the first for 3-1/2% bonds of 1980, 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 $4.5 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 $6.9 billion. For detail of offering, see Table 4.
27/ Excess of maturing 4-7/8% certificates over allotments of new securities on subscriptions from holders of those certificates (see Table 4, footnotes 51 and 52).
28/ From March 20 through March 22, 1961, owners of 2-1/4% bonds of June 15, 1959-62, 2-1/4% bonds of December 15, 1959-62, 2-5/8% notes maturing February 15, 1963, 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 3-5/8% bond due November 15, 1967, and the last for a new 3-3/8% bond due November 15, 1966. Exchanges were subject to allotment if subscriptions exceeded $5 billion for the bonds of 1967 or $3 billion for the bonds of 1966.
29/ Holders of the maturing certificates and 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 $5,250 million offering of 3% certificates or the $2,500 million offering of 3-1/4% notes. For detail of offering, see Table 4.
30/ Excess of maturing 4-3/8% certificates and 3-5/8% notes over allotments of new securities on subscriptions from holders of those certificates and notes (see Table 4, footnotes 55 and 56). p Preliminary.
Nota: Information on retirement of tax anticipation issuas 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 caab</th></tr><tr><td>3/18/53</td><td>Bill</td><td>2,502</td><td>1,238</td><td>1,264</td></tr><tr><td>6/19/53</td><td>Bill</td><td>2,003</td><td>1,157</td><td>846</td></tr><tr><td>9/18/53</td><td>Bill</td><td>800</td><td>162</td><td>638</td></tr><tr><td>3/22/54</td><td>Certificate</td><td>5,902</td><td>2,669</td><td>3,233</td></tr><tr><td>6/18/54</td><td>Bill</td><td>1,001</td><td>621</td><td>380</td></tr><tr><td>6/21/54</td><td>Bill</td><td>1,501</td><td>1,258</td><td>243</td></tr><tr><td>3/22/55</td><td>Certificate</td><td>3,734</td><td>2,216</td><td>1,518</td></tr><tr><td>6/22/55</td><td>Certificate</td><td>3,210</td><td>1,917</td><td>1,293</td></tr><tr><td>3/22/56</td><td>Certificate</td><td>2,202</td><td>1,674</td><td>528</td></tr><tr><td>3/23/56</td><td>Bill</td><td>1,501</td><td>1,137</td><td>364</td></tr><tr><td>6/22/56</td><td>Certificate</td><td>1,486</td><td>1,013</td><td>473</td></tr><tr><td>6/22/56</td><td>Certificate</td><td>2,970</td><td>1,891</td><td>1,079</td></tr><tr><td>3/22/57</td><td>Bill</td><td>1,006</td><td>473</td><td>533</td></tr><tr><td>3/22/57</td><td>Certificate</td><td>3,221</td><td>1,922</td><td>1,299</td></tr><tr><td>6/21/57</td><td>Bill</td><td>1,601</td><td>1,664</td><td>1,687</td></tr><tr><td>6/21/57</td><td>Bill</td><td>1,750</td><td></td><td></td></tr><tr><td>6/21/57</td><td>Certificate</td><td>1,312</td><td>620</td><td>692</td></tr><tr><td>9/23/57</td><td>Bill</td><td>1,501</td><td>613</td><td>888</td></tr><tr><td>3/21/58</td><td>Bill</td><td>3,002</td><td>1,826</td><td>1,176</td></tr><tr><td>3/21/59</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></td><td></td></tr><tr><td>8/22/60</td><td>Bill</td><td>999</td><td>2,251</td><td>1,753</td></tr><tr><td>6/22/60</td><td>Bill</td><td>2,002</td><td></td><td></td></tr><tr><td>6/22/60</td><td>Bill</td><td>2,016</td><td>1,916</td><td>2,102</td></tr><tr><td>3/22/61</td><td>Bill</td><td>3,512</td><td>1,680</td><td>1,832</td></tr><tr><td>6/22/61</td><td>Bill</td><td>3,504</td><td>1,606</td><td>1,898</td></tr><tr><td>9/22/61</td><td>Bill</td><td>1,503</td><td>928</td><td>575</td></tr></table>
February 1962
55
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 January 31, 1962
(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>109,644</td><td>17,001</td><td>126,645</td><td>82,034</td><td>44,610</td><td>-</td></tr><tr><td>Series F, G, J, and K</td><td>31,951</td><td>1,233</td><td>33,185</td><td>30,029</td><td>2,889</td><td>266</td></tr><tr><td>Total A-K</td><td>145,544</td><td>19,289</td><td>164,833</td><td>117,050</td><td>47,500</td><td>283</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 3/</th><th>Interest-bearing debt</th><th>Matured debt</th></tr><tr><td colspan="9">Fiscal years:</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>4,881</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>8,544</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>50,403</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 colspan="9">Calendar years:</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>1961</td><td>4,539</td><td>1,322</td><td>5,861</td><td>5,595</td><td>4,842</td><td>754</td><td>47,458</td><td>335</td></tr><tr><td colspan="9">Months:</td></tr><tr><td>1961-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><tr><td>December</td><td>343</td><td>130</td><td>473</td><td>710</td><td>642</td><td>68</td><td>47,458</td><td>335</td></tr><tr><td>1962-January</td><td>476</td><td>135</td><td>611</td><td>621</td><td>527</td><td>94</td><td>47,500</td><td>283</td></tr></table>
Source: Daily Treasury statement; Office of Debt Analysis in the Office of the Secretary.
Footnotes at end of Table 4.
56
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 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 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>4,444</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>4,129</td><td>1,058</td><td>42,142</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>4,310</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>40,063</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>4,162</td><td>670</td><td>41,398</td><td>-</td></tr><tr><td>1957</td><td>4,507</td><td>1,143</td><td>5,649</td><td>5,469</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>42,589</td><td>-</td></tr><tr><td>1959</td><td>4,320</td><td>1,169</td><td>5,489</td><td>5,519</td><td>4,636</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>1961</td><td>4,539</td><td>1,293</td><td>5,832</td><td>4,484</td><td>3,781</td><td>703</td><td>44,485</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-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>306</td><td>55</td><td>44,113</td><td>-</td></tr><tr><td>October</td><td>370</td><td>98</td><td>468</td><td>350</td><td>296</td><td>54</td><td>44,232</td><td>-</td></tr><tr><td>November</td><td>358</td><td>100</td><td>458</td><td>331</td><td>280</td><td>50</td><td>44,358</td><td>-</td></tr><tr><td>December</td><td>343</td><td>128</td><td>470</td><td>343</td><td>291</td><td>52</td><td>44,485</td><td>-</td></tr><tr><td>1962-January</td><td>476</td><td>132</td><td>608</td><td>483</td><td>395</td><td>89</td><td>44,610</td><td>-</td></tr><tr><td colspan="9">Series F, G, J, and K combined 5/</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>9,942 6/</td><td>9,734</td><td>209</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>2,692</td><td>2,565</td><td>127</td><td>19,080</td><td>219</td></tr><tr><td>1956</td><td>586</td><td>100</td><td>686</td><td>3,105</td><td>2,941</td><td>164</td><td>16,568</td><td>312</td></tr><tr><td>1957</td><td>268</td><td>83</td><td>352</td><td>3,774</td><td>3,605</td><td>169</td><td>13,124</td><td>335</td></tr><tr><td>1958</td><td>*</td><td>65</td><td>65</td><td>3,350</td><td>3,235</td><td>116</td><td>9,842</td><td>331</td></tr><tr><td>1959</td><td>*</td><td>54</td><td>54</td><td>2,137</td><td>2,063</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>257</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>222</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>784</td><td>31,256</td><td>11,198 6/</td><td>10,932</td><td>267</td><td>19,439</td><td>619</td></tr><tr><td>1955</td><td>907</td><td>103</td><td>1,010</td><td>2,636</td><td>2,510</td><td>126</td><td>17,861</td><td>571</td></tr><tr><td>1956</td><td>475</td><td>92</td><td>567</td><td>3,422</td><td>3,250</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>4,153</td><td>3,982</td><td>171</td><td>10,896</td><td>698</td></tr><tr><td>1958</td><td>*</td><td>58</td><td>58</td><td>2,395</td><td>2,318</td><td>77</td><td>8,603</td><td>655</td></tr><tr><td>1959</td><td>*</td><td>52</td><td>52</td><td>3,246</td><td>3,122</td><td>125</td><td>5,594</td><td>468</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>1961</td><td>-</td><td>29</td><td>29</td><td>1,108 8/ 9/</td><td>1,058</td><td>50</td><td>2,973</td><td>318</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-July</td><td>-</td><td>3</td><td>3</td><td>65</td><td>62</td><td>3</td><td>3,652</td><td>216</td></tr><tr><td>August</td><td>-</td><td>2</td><td>2</td><td>59</td><td>57</td><td>3</td><td>3,603</td><td>207</td></tr><tr><td>September</td><td>-</td><td>2</td><td>2</td><td>54</td><td>52</td><td>2</td><td>3,557</td><td>201</td></tr><tr><td>October</td><td>-</td><td>3</td><td>3</td><td>56</td><td>53</td><td>3</td><td>3,512</td><td>193</td></tr><tr><td>November</td><td>-</td><td>2</td><td>2</td><td>53</td><td>50</td><td>2</td><td>3,466</td><td>188</td></tr><tr><td>December</td><td>-</td><td>3</td><td>3</td><td>366 9/</td><td>351</td><td>15</td><td>2,973</td><td>318</td></tr><tr><td>1962-January</td><td>-</td><td>2</td><td>2</td><td>138 9/</td><td>132</td><td>6</td><td>2,889</td><td>266</td></tr></table>
Footnotes at end of Table 4.
(Continued on following page)
February 1962
57
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 2/</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>Redemptions 1/</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 4/</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>-</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>201</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>188</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>38,206</td></tr><tr><td>1959</td><td>3,598</td><td>1,169</td><td>4,767</td><td>5,225</td><td>4,342</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>3,935</td><td>794</td><td>278</td><td>37,597</td></tr><tr><td>1961</td><td>3,711</td><td>1,293</td><td>5,003</td><td>4,249</td><td>3,546</td><td>703</td><td>212</td><td>38,140</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-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>38,005</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>38,069</td></tr><tr><td>December</td><td>283</td><td>128</td><td>411</td><td>324</td><td>271</td><td>52</td><td>16</td><td>38,140</td></tr><tr><td>1962-January</td><td>379</td><td>132</td><td>512</td><td>464</td><td>375</td><td>89</td><td>29</td><td>38,160</td></tr></table>
Series H
<table><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</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</td><td>1,130</td><td>-</td><td>1,130</td><td>55</td><td>55</td><td>-</td><td>-</td><td>2,099</td></tr><tr><td>1956</td><td>1,041</td><td>-</td><td>1,041</td><td>108</td><td>108</td><td>-</td><td>-</td><td>3,031</td></tr><tr><td>1957</td><td>694</td><td>-</td><td>694</td><td>196</td><td>196</td><td>-</td><td>-</td><td>3,529</td></tr><tr><td>1958</td><td>782</td><td>-</td><td>782</td><td>236</td><td>236</td><td>-</td><td>-</td><td>4,075</td></tr><tr><td>1959</td><td>818</td><td>-</td><td>818</td><td>217</td><td>217</td><td>-</td><td>-</td><td>4,676</td></tr><tr><td>1960</td><td>704</td><td>-</td><td>704</td><td>322</td><td>322</td><td>-</td><td>201</td><td>5,259</td></tr><tr><td>1961</td><td>775</td><td>-</td><td>775</td><td>233</td><td>233</td><td>-</td><td>188</td><td>5,989</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>1,509</td><td>-</td><td>1,509</td><td>54</td><td>54</td><td>-</td><td>-</td><td>1,455</td></tr><tr><td>1955</td><td>1,177</td><td>-</td><td>1,177</td><td>79</td><td>79</td><td>-</td><td>-</td><td>2,553</td></tr><tr><td>1956</td><td>901</td><td>-</td><td>901</td><td>143</td><td>143</td><td>-</td><td>-</td><td>3,310</td></tr><tr><td>1957</td><td>631</td><td>-</td><td>631</td><td>248</td><td>248</td><td>-</td><td>-</td><td>3,693</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>5,540</td></tr><tr><td>1961</td><td>828</td><td>-</td><td>828</td><td>235</td><td>235</td><td>-</td><td>212</td><td>6,345</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-July</td><td>67</td><td>-</td><td>67</td><td>20</td><td>20</td><td>-</td><td>17</td><td>6,052</td></tr><tr><td>August</td><td>64</td><td>-</td><td>64</td><td>21</td><td>21</td><td>-</td><td>17</td><td>6,111</td></tr><tr><td>September</td><td>54</td><td>-</td><td>54</td><td>21</td><td>21</td><td>-</td><td>16</td><td>6,161</td></tr><tr><td>October</td><td>67</td><td>-</td><td>67</td><td>20</td><td>20</td><td>-</td><td>19</td><td>6,227</td></tr><tr><td>November</td><td>65</td><td>-</td><td>65</td><td>19</td><td>19</td><td>-</td><td>17</td><td>6,289</td></tr><tr><td>December</td><td>60</td><td>-</td><td>60</td><td>20</td><td>20</td><td>-</td><td>16</td><td>6,345</td></tr><tr><td>1962-January</td><td>96</td><td>-</td><td>96</td><td>20</td><td>20</td><td>-</td><td>29</td><td>6,451</td></tr></table>
Source: Daily Treasury statement; Office of Debt Analysis in the Office of the Secretary.
Footnotes at end of Table 4.
58
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 10/</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 7/</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 8/</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>979</td><td>120</td></tr><tr><td>1957</td><td>9,630</td><td>4,156</td><td>2,084</td><td>2,072</td><td>5,207</td><td>3,322</td><td>1,886</td><td>266</td></tr><tr><td>1958</td><td>7,255</td><td>3,393</td><td>1,691</td><td>1,702</td><td>3,841</td><td>3,091</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>1961</td><td>5,595</td><td>2,555</td><td>1,633</td><td>922 8/ 9/</td><td>3,100</td><td>2,899</td><td>201</td><td>-60</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-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>2</td></tr><tr><td>October</td><td>406</td><td>227</td><td>171</td><td>56</td><td>342</td><td>310</td><td>33</td><td>-163</td></tr><tr><td>November</td><td>383</td><td>144</td><td>108</td><td>36</td><td>227</td><td>213</td><td>14</td><td>12</td></tr><tr><td>December</td><td>710</td><td>422</td><td>92</td><td>330 9/</td><td>186</td><td>184</td><td>2</td><td>101</td></tr><tr><td>1962-January</td><td>621</td><td>199</td><td>127</td><td>72 9/</td><td>251</td><td>238</td><td>14</td><td>171</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.
1/ Sales and redemption figures include exchanges of minor amounts of (1) matured Series E bonds for Series G and K bonds from May 1951 through April 1957 and (2) Series F and J bonds for Series H bonds beginning January 1960; however, they exclude exchanges of Series E bonds for Series H bonds, which are reported in Table 3.
2/ Details by series on a cumulative basis and by periods for Series A-D combined will be found in the February 1952 and previous issues of the Treasury Bulletin.
3/ 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
4/ Reductions were made in issues and redemptions of Series E, H, F, G, 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 K, and $35 million for unclassified retirements.
5/ Series F and G sales were discontinued April 30, 1952, and Series J and K sales were discontinued April 30, 1957. Sales figures after April 30, 1957, represent adjustments.
6/ Includes exchanges of Series 1941 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 Series 1949 F and G bonds for 4% marketable bonds of 1969.
9/ Includes the December 1961 exchanges of Series 1950 F and G bonds for 3-7/8% marketable bonds of 1968, of which $300 million were reported in December 1961, and $20 million in January 1962.
10/ Represents changes in the amounts of redemptions not yet classified between matured and unmatured issues. * Less than $500,000.
February 1962
59
UNITED STATES SAVINGS BONDS
Table 5.- Sales and Redemptions by Denominations, Series E and H ½ Combined
(In thousands of pieces)
<table><tr><th>Period</th><th>Total all denominations</th><th>$10 2/</th><th>$25</th><th>$50</th><th>$100</th><th>$200 2/</th><th>$500</th><th>$1,000</th><th>$5,000</th><th>$10,000 4/ 2/</th></tr><tr><td colspan="11">Fiscal years:</td></tr><tr><td>1941-53</td><td>1,525,848</td><td>21,076</td><td>1,043,208</td><td>235,707</td><td>171,665</td><td>7,059</td><td>23,242</td><td>23,866</td><td>18</td><td>8</td></tr><tr><td>1954 7/</td><td>85,419</td><td>-</td><td>56,903</td><td>15,686</td><td>8,810</td><td>854</td><td>1,411</td><td>1,708</td><td>33</td><td>14</td></tr><tr><td>1955 7/</td><td>85,342</td><td>-</td><td>55,164</td><td>16,374</td><td>9,315</td><td>884</td><td>1,578</td><td>1,945</td><td>56</td><td>26</td></tr><tr><td>1956</td><td>90,053</td><td>-</td><td>56,719</td><td>18,784</td><td>10,090</td><td>929</td><td>1,608</td><td>1,854</td><td>48</td><td>21</td></tr><tr><td>1957</td><td>90,160</td><td>-</td><td>56,327</td><td>20,256</td><td>9,969</td><td>851</td><td>1,320</td><td>1,396</td><td>29</td><td>12</td></tr><tr><td>1958</td><td>89,431</td><td>-</td><td>54,908</td><td>21,043</td><td>9,824</td><td>893</td><td>1,304</td><td>1,413</td><td>33</td><td>14</td></tr><tr><td>1959</td><td>85,882</td><td>-</td><td>52,895</td><td>20,108</td><td>9,477</td><td>798</td><td>1,212</td><td>1,340</td><td>35</td><td>16</td></tr><tr><td>1960</td><td>85,607</td><td>-</td><td>52,972</td><td>20,220</td><td>9,208</td><td>774</td><td>1,165</td><td>1,230</td><td>27</td><td>11</td></tr><tr><td>1961</td><td>86,495</td><td>-</td><td>53,453</td><td>20,434</td><td>9,273</td><td>789</td><td>1,201</td><td>1,299</td><td>31</td><td>15</td></tr><tr><td colspan="11">Calendar years:</td></tr><tr><td>1941-53</td><td>1,567,783</td><td>21,076</td><td>1,071,406</td><td>243,370</td><td>175,918</td><td>7,473</td><td>23,895</td><td>24,604</td><td>29</td><td>12</td></tr><tr><td>1954</td><td>84,972</td><td>-</td><td>55,850</td><td>15,912</td><td>9,006</td><td>862</td><td>1,470</td><td>1,809</td><td>44</td><td>19</td></tr><tr><td>1955</td><td>87,316</td><td>-</td><td>55,618</td><td>17,323</td><td>9,748</td><td>916</td><td>1,648</td><td>1,980</td><td>56</td><td>25</td></tr><tr><td>1956</td><td>90,786</td><td>-</td><td>56,635</td><td>19,825</td><td>10,177</td><td>908</td><td>1,500</td><td>1,683</td><td>40</td><td>17</td></tr><tr><td>1957</td><td>90,856</td><td>-</td><td>56,361</td><td>21,166</td><td>9,846</td><td>887</td><td>1,257</td><td>1,305</td><td>25</td><td>10</td></tr><tr><td>1958</td><td>86,676</td><td>-</td><td>53,200</td><td>20,152</td><td>9,690</td><td>823</td><td>1,302</td><td>1,454</td><td>38</td><td>18</td></tr><tr><td>1959</td><td>84,945</td><td>-</td><td>52,452</td><td>20,050</td><td>9,241</td><td>775</td><td>1,141</td><td>1,243</td><td>30</td><td>13</td></tr><tr><td>1960</td><td>86,659</td><td>-</td><td>53,910</td><td>20,347</td><td>9,184</td><td>768</td><td>1,173</td><td>1,238</td><td>27</td><td>12</td></tr><tr><td>1961</td><td>85,757</td><td>-</td><td>52,528</td><td>20,447</td><td>9,322</td><td>816</td><td>1,247</td><td>1,346</td><td>34</td><td>17</td></tr><tr><td colspan="11">Months:</td></tr><tr><td>1961-January</td><td>7,708</td><td>-</td><td>4,727</td><td>1,777</td><td>834</td><td>75</td><td>131</td><td>157</td><td>4</td><td>2</td></tr><tr><td>February</td><td>6,952</td><td>-</td><td>4,182</td><td>1,636</td><td>790</td><td>72</td><td>122</td><td>146</td><td>3</td><td>2</td></tr><tr><td>March</td><td>8,247</td><td>-</td><td>5,080</td><td>1,958</td><td>883</td><td>77</td><td>115</td><td>128</td><td>4</td><td>2</td></tr><tr><td>April</td><td>6,618</td><td>-</td><td>4,030</td><td>1,592</td><td>733</td><td>63</td><td>93</td><td>103</td><td>2</td><td>1</td></tr><tr><td>May</td><td>7,275</td><td>-</td><td>4,443</td><td>1,770</td><td>788</td><td>68</td><td>97</td><td>104</td><td>3</td><td>1</td></tr><tr><td>June</td><td>7,444</td><td>-</td><td>4,652</td><td>1,736</td><td>790</td><td>67</td><td>96</td><td>99</td><td>3</td><td>1</td></tr><tr><td>July</td><td>6,245</td><td>-</td><td>3,801</td><td>1,490</td><td>685</td><td>61</td><td>98</td><td>105</td><td>3</td><td>1</td></tr><tr><td>August</td><td>7,209</td><td>-</td><td>4,350</td><td>1,715</td><td>824</td><td>76</td><td>117</td><td>124</td><td>3</td><td>1</td></tr><tr><td>September</td><td>6,854</td><td>-</td><td>4,205</td><td>1,666</td><td>738</td><td>63</td><td>90</td><td>91</td><td>2</td><td>1</td></tr><tr><td>October</td><td>7,350</td><td>-</td><td>4,531</td><td>1,775</td><td>776</td><td>66</td><td>98</td><td>99</td><td>3</td><td>1</td></tr><tr><td>November</td><td>6,845</td><td>-</td><td>4,149</td><td>1,661</td><td>762</td><td>68</td><td>101</td><td>101</td><td>3</td><td>1</td></tr><tr><td>December</td><td>7,009</td><td>-</td><td>4,377</td><td>1,671</td><td>718</td><td>61</td><td>88</td><td>90</td><td>2</td><td>1</td></tr><tr><td>Inception to date</td><td>2,265,749</td><td>21,076</td><td>1,507,962</td><td>398,593</td><td>252,133</td><td>14,227</td><td>34,632</td><td>36,660</td><td>323</td><td>144</td></tr></table>
Redemptions 6/
<table><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>1941-53</td><td>1,048,924</td><td>17,568</td><td>768,330</td><td>151,281</td><td>89,638</td><td>2,309</td><td>10,245</td><td>9,553</td><td>1</td><td>1</td></tr><tr><td>1954 7/</td><td>90,387</td><td>263</td><td>62,941</td><td>15,084</td><td>9,480</td><td>357</td><td>1,151</td><td>1,109</td><td>2</td><td>2</td></tr><tr><td>1955 7/</td><td>89,749</td><td>349</td><td>61,049</td><td>15,650</td><td>9,914</td><td>396</td><td>1,210</td><td>1,177</td><td>5</td><td>3</td></tr><tr><td>1956</td><td>89,953</td><td>429</td><td>60,014</td><td>16,503</td><td>9,925</td><td>537</td><td>1,255</td><td>1,281</td><td>9</td><td>6</td></tr><tr><td>1957</td><td>93,175</td><td>321</td><td>60,612</td><td>18,165</td><td>10,590</td><td>633</td><td>1,354</td><td>1,485</td><td>11</td><td>6</td></tr><tr><td>1958</td><td>93,452</td><td>231</td><td>59,880</td><td>19,467</td><td>10,433</td><td>639</td><td>1,320</td><td>1,464</td><td>9</td><td>5</td></tr><tr><td>1959</td><td>88,647</td><td>177</td><td>56,036</td><td>18,598</td><td>10,394</td><td>675</td><td>1,301</td><td>1,451</td><td>15</td><td>8</td></tr><tr><td>1960</td><td>90,748</td><td>144</td><td>56,796</td><td>19,507</td><td>10,634</td><td>725</td><td>1,351</td><td>1,567</td><td>10</td><td>4</td></tr><tr><td>1961</td><td>87,935</td><td>104</td><td>56,140</td><td>19,279</td><td>9,489</td><td>635</td><td>1,105</td><td>1,170</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></tr><tr><td>1941-53</td><td>1,092,799</td><td>17,702</td><td>798,959</td><td>158,581</td><td>94,205</td><td>2,481</td><td>10,795</td><td>10,074</td><td>1</td><td>*</td></tr><tr><td>1954</td><td>92,340</td><td>277</td><td>63,850</td><td>15,643</td><td>9,858</td><td>373</td><td>1,192</td><td>1,145</td><td>2</td><td>1</td></tr><tr><td>1955</td><td>88,700</td><td>424</td><td>59,640</td><td>15,887</td><td>9,842</td><td>454</td><td>1,225</td><td>1,221</td><td>4</td><td>2</td></tr><tr><td>1956</td><td>90,109</td><td>371</td><td>59,520</td><td>17,036</td><td>9,986</td><td>581</td><td>1,267</td><td>1,337</td><td>7</td><td>4</td></tr><tr><td>1957</td><td>96,384</td><td>280</td><td>61,695</td><td>19,777</td><td>10,961</td><td>666</td><td>1,408</td><td>1,578</td><td>12</td><td>7</td></tr><tr><td>1958</td><td>88,902</td><td>197</td><td>57,080</td><td>18,296</td><td>10,075</td><td>627</td><td>1,250</td><td>1,365</td><td>9</td><td>4</td></tr><tr><td>1959</td><td>90,083</td><td>161</td><td>56,389</td><td>19,150</td><td>10,696</td><td>722</td><td>1,368</td><td>1,575</td><td>14</td><td>8</td></tr><tr><td>1960</td><td>90,691</td><td>125</td><td>57,420</td><td>19,716</td><td>10,141</td><td>676</td><td>1,231</td><td>1,364</td><td>12</td><td>6</td></tr><tr><td>1961</td><td>82,749</td><td>87</td><td>52,617</td><td>18,343</td><td>8,935</td><td>609</td><td>1,045</td><td>1,098</td><td>9</td><td>4</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></tr><tr><td>1961-January</td><td>7,295</td><td>9</td><td>4,571</td><td>1,578</td><td>845</td><td>59</td><td>107</td><td>124</td><td>1</td><td>*</td></tr><tr><td>February</td><td>6,907</td><td>9</td><td>4,458</td><td>1,475</td><td>734</td><td>50</td><td>86</td><td>94</td><td>1</td><td>*</td></tr><tr><td>March</td><td>7,590</td><td>9</td><td>4,818</td><td>1,675</td><td>832</td><td>55</td><td>97</td><td>103</td><td>1</td><td>*</td></tr><tr><td>April</td><td>6,872</td><td>8</td><td>4,323</td><td>1,542</td><td>766</td><td>54</td><td>87</td><td>92</td><td>1</td><td>*</td></tr><tr><td>May</td><td>6,931</td><td>7</td><td>4,403</td><td>1,538</td><td>753</td><td>52</td><td>87</td><td>91</td><td>1</td><td>*</td></tr><tr><td>June</td><td>7,368</td><td>7</td><td>4,672</td><td>1,642</td><td>805</td><td>55</td><td>91</td><td>94</td><td>1</td><td>*</td></tr><tr><td>July</td><td>6,466</td><td>6</td><td>4,100</td><td>1,436</td><td>703</td><td>47</td><td>84</td><td>89</td><td>1</td><td>*</td></tr><tr><td>August</td><td>7,126</td><td>8</td><td>4,560</td><td>1,572</td><td>756</td><td>52</td><td>87</td><td>90</td><td>1</td><td>*</td></tr><tr><td>September</td><td>6,788</td><td>6</td><td>4,286</td><td>1,554</td><td>724</td><td>49</td><td>84</td><td>83</td><td>1</td><td>*</td></tr><tr><td>October</td><td>6,491</td><td>6</td><td>4,109</td><td>1,469</td><td>692</td><td>47</td><td>82</td><td>83</td><td>1</td><td>*</td></tr><tr><td>November</td><td>6,311</td><td>6</td><td>4,039</td><td>1,412</td><td>658</td><td>44</td><td>75</td><td>76</td><td>1</td><td>*</td></tr><tr><td>December</td><td>6,603</td><td>5</td><td>4,278</td><td>1,452</td><td>666</td><td>44</td><td>76</td><td>81</td><td>1</td><td>*</td></tr><tr><td>Inception to date</td><td>1,812,755</td><td>19,623</td><td>1,267,169</td><td>302,429</td><td>174,699</td><td>7,190</td><td>20,781</td><td>20,758</td><td>68</td><td>38</td></tr></table>
Note: These figures are estimates by the Office of Debt Analysis in the Office of the Secretary and are based on the daily Treasury statement and reports from Federal Reserve Banks and the Bureau of the Public Debt.
1/ Sales of Series H bonds began on June 1, 1952; the denominations authorized were $500, $1,000, $5,000, and $10,000.
2/ Sales were authorized in June 1944, to Armed Forces only, and discontinued after March 31, 1950.
3/ Sales began in October 1945.
4/ Sales of $10,000 denomination Series E bonds were authorized on May 1, 19
5/ Includes sales and redemptions of $100,000 denomination Series E bonds which are purchasable only by trustees of employees' savings plans beginning April 1954, and also personal trust accounts beginning January 1955.
6/ See Table 4, footnote 1.
7/ See Table 4, footnote 4.
* Less than 500 pieces.
60
Treasury Bulletin
UNITED STATES SAVINGS BONDS
Table 6.- Sales by States, Series E and H 1/ Combined
(In thousands of dollars at issue price)
<table><tr><th>State</th><th>Inception through December 1961 2/</th><th>Jan.</th><th>Feb.</th><th>Mar.</th><th>April</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>Alabama</td><td>1,066,558</td><td>3,615</td><td>3,802</td><td>3,225</td><td>3,212</td><td>3,134</td><td>3,119</td><td>3,399</td><td>3,358</td><td>3,256</td><td>3,022</td><td>3,397</td><td>3,078</td></tr><tr><td>Alaska</td><td>45,437 2/</td><td>225</td><td>265</td><td>365</td><td>351</td><td>323</td><td>316</td><td>318</td><td>460</td><td>298</td><td>281</td><td>380</td><td>365</td></tr><tr><td>Arizona</td><td>394,605</td><td>2,059</td><td>2,054</td><td>1,699</td><td>1,768</td><td>1,722</td><td>1,345</td><td>1,684</td><td>1,643</td><td>1,461</td><td>1,601</td><td>1,558</td><td>1,328</td></tr><tr><td>Arkansas</td><td>640,642</td><td>2,398</td><td>2,140</td><td>2,120</td><td>1,839</td><td>1,624</td><td>1,631</td><td>1,604</td><td>1,679</td><td>1,639</td><td>1,598</td><td>1,602</td><td>1,662</td></tr><tr><td>California</td><td>7,485,524</td><td>28,156</td><td>24,801</td><td>24,342</td><td>22,099</td><td>21,349</td><td>21,595</td><td>22,410</td><td>24,380</td><td>19,819</td><td>23,185</td><td>21,647</td><td>19,072</td></tr><tr><td>Colorado</td><td>828,945</td><td>3,291</td><td>3,203</td><td>3,014</td><td>2,802</td><td>2,535</td><td>2,669</td><td>2,567</td><td>2,996</td><td>2,476</td><td>3,139</td><td>2,519</td><td>2,697</td></tr><tr><td>Connecticut</td><td>1,686,273</td><td>6,023</td><td>4,835</td><td>6,003</td><td>5,165</td><td>5,248</td><td>5,658</td><td>5,238</td><td>5,230</td><td>4,895</td><td>5,073</td><td>5,320</td><td>4,975</td></tr><tr><td>Delaware</td><td>278,999</td><td>1,424</td><td>1,552</td><td>1,464</td><td>1,422</td><td>1,570</td><td>1,278</td><td>1,245</td><td>1,285</td><td>1,568</td><td>1,472</td><td>1,444</td><td>1,704</td></tr><tr><td>District of Columbia</td><td>1,154,582</td><td>3,497</td><td>2,425</td><td>3,601</td><td>3,503</td><td>2,701</td><td>2,458</td><td>3,442</td><td>2,744</td><td>2,710</td><td>3,795</td><td>2,722</td><td>3,449</td></tr><tr><td>Florida</td><td>1,379,007</td><td>8,545</td><td>7,452</td><td>6,348</td><td>6,294</td><td>5,879</td><td>5,570</td><td>6,072</td><td>6,789</td><td>5,389</td><td>5,915</td><td>5,395</td><td>5,687</td></tr><tr><td>Georgia</td><td>1,188,985</td><td>4,184</td><td>3,469</td><td>3,341</td><td>3,217</td><td>3,131</td><td>3,212</td><td>3,327</td><td>3,273</td><td>3,103</td><td>3,383</td><td>3,299</td><td>3,353</td></tr><tr><td>Hawaii</td><td>419,874</td><td>1,073</td><td>828</td><td>780</td><td>823</td><td>801</td><td>832</td><td>856</td><td>877</td><td>850</td><td>813</td><td>800</td><td>813</td></tr><tr><td>Idaho</td><td>272,921</td><td>912</td><td>834</td><td>702</td><td>549</td><td>509</td><td>641</td><td>675</td><td>648</td><td>519</td><td>629</td><td>591</td><td>558</td></tr><tr><td>Illinois</td><td>8,854,176</td><td>39,264</td><td>33,932</td><td>34,991</td><td>28,630</td><td>27,437</td><td>28,085</td><td>29,319</td><td>29,243</td><td>25,880</td><td>27,315</td><td>28,793</td><td>28,275</td></tr><tr><td>Indiana</td><td>3,052,608</td><td>13,591</td><td>11,421</td><td>11,015</td><td>9,657</td><td>10,023</td><td>9,793</td><td>9,763</td><td>10,242</td><td>8,973</td><td>10,045</td><td>10,111</td><td>9,726</td></tr><tr><td>Iowa</td><td>3,027,657</td><td>19,728</td><td>14,544</td><td>15,174</td><td>11,136</td><td>9,872</td><td>10,095</td><td>10,221</td><td>9,901</td><td>8,851</td><td>9,206</td><td>10,234</td><td>10,955</td></tr><tr><td>Kansas</td><td>1,786,563</td><td>9,757</td><td>8,474</td><td>7,648</td><td>6,015</td><td>5,886</td><td>6,000</td><td>6,128</td><td>6,972</td><td>5,764</td><td>5,532</td><td>6,828</td><td>5,792</td></tr><tr><td>Kentucky</td><td>1,200,101</td><td>5,643</td><td>4,929</td><td>4,953</td><td>3,810</td><td>3,980</td><td>4,274</td><td>4,789</td><td>4,602</td><td>4,134</td><td>4,243</td><td>4,248</td><td>4,129</td></tr><tr><td>Louisiana</td><td>1,048,826</td><td>3,910</td><td>3,213</td><td>3,192</td><td>2,714</td><td>2,655</td><td>2,581</td><td>2,950</td><td>2,907</td><td>2,553</td><td>2,679</td><td>2,699</td><td>2,696</td></tr><tr><td>Maine</td><td>412,794</td><td>1,572</td><td>1,349</td><td>1,244</td><td>1,238</td><td>1,401</td><td>1,269</td><td>1,310</td><td>1,291</td><td>1,159</td><td>1,281</td><td>1,142</td><td>1,131</td></tr><tr><td>Maryland</td><td>1,345,322</td><td>5,063</td><td>4,591</td><td>5,376</td><td>4,431</td><td>5,169</td><td>4,673</td><td>5,290</td><td>4,833</td><td>4,262</td><td>5,479</td><td>4,742</td><td>5,759</td></tr><tr><td>Massachusetts</td><td>3,056,749</td><td>10,202</td><td>8,827</td><td>9,488</td><td>8,464</td><td>10,080</td><td>9,097</td><td>8,920</td><td>9,115</td><td>8,204</td><td>8,233</td><td>8,833</td><td>8,672</td></tr><tr><td>Michigan</td><td>5,993,242</td><td>25,233</td><td>21,231</td><td>24,593</td><td>18,607</td><td>21,964</td><td>19,481</td><td>18,634</td><td>21,667</td><td>17,640</td><td>21,081</td><td>19,801</td><td>22,057</td></tr><tr><td>Minnesota</td><td>2,091,029</td><td>7,453</td><td>6,891</td><td>6,562</td><td>6,129</td><td>5,699</td><td>5,477</td><td>5,760</td><td>5,993</td><td>5,167</td><td>5,678</td><td>5,994</td><td>5,561</td></tr><tr><td>Mississippi</td><td>626,196</td><td>2,255</td><td>1,923</td><td>1,605</td><td>1,505</td><td>1,522</td><td>1,332</td><td>1,558</td><td>1,451</td><td>1,380</td><td>1,287</td><td>1,381</td><td>1,371</td></tr><tr><td>Missouri</td><td>3,044,095</td><td>14,853</td><td>12,294</td><td>13,070</td><td>10,430</td><td>11,079</td><td>11,064</td><td>11,980</td><td>11,348</td><td>10,442</td><td>10,796</td><td>9,934</td><td>10,889</td></tr><tr><td>Montana</td><td>545,852</td><td>2,313</td><td>2,116</td><td>1,889</td><td>1,546</td><td>1,474</td><td>1,330</td><td>1,364</td><td>1,338</td><td>1,404</td><td>1,635</td><td>1,682</td><td>1,402</td></tr><tr><td>Nebraska</td><td>1,724,662</td><td>13,105</td><td>8,981</td><td>9,180</td><td>6,898</td><td>6,782</td><td>6,545</td><td>6,514</td><td>6,108</td><td>5,658</td><td>6,081</td><td>6,785</td><td>7,459</td></tr><tr><td>Nevada</td><td>128,786</td><td>678</td><td>606</td><td>509</td><td>405</td><td>340</td><td>616</td><td>432</td><td>469</td><td>437</td><td>578</td><td>482</td><td>428</td></tr><tr><td>New Hampshire</td><td>254,165</td><td>902</td><td>858</td><td>904</td><td>819</td><td>715</td><td>793</td><td>903</td><td>833</td><td>815</td><td>768</td><td>741</td><td>756</td></tr><tr><td>New Jersey</td><td>4,045,076</td><td>15,975</td><td>14,619</td><td>15,339</td><td>13,324</td><td>15,010</td><td>14,011</td><td>14,029</td><td>15,093</td><td>13,236</td><td>14,492</td><td>14,993</td><td>14,227</td></tr><tr><td>New Mexico</td><td>263,190</td><td>1,196</td><td>1,334</td><td>1,112</td><td>847</td><td>1,055</td><td>951</td><td>1,009</td><td>1,071</td><td>1,147</td><td>1,007</td><td>1,029</td><td>1,015</td></tr><tr><td>New York</td><td>12,100,663</td><td>47,144</td><td>36,904</td><td>37,417</td><td>39,287</td><td>39,433</td><td>36,276</td><td>38,595</td><td>43,007</td><td>32,378</td><td>40,127</td><td>41,259</td><td>35,857</td></tr><tr><td>North Carolina</td><td>1,220,867</td><td>4,311</td><td>3,904</td><td>3,509</td><td>3,220</td><td>3,323</td><td>3,187</td><td>3,454</td><td>4,005</td><td>3,531</td><td>3,645</td><td>3,773</td><td>3,694</td></tr><tr><td>North Dakota</td><td>548,684</td><td>2,253</td><td>2,163</td><td>1,851</td><td>1,608</td><td>1,501</td><td>1,431</td><td>1,674</td><td>1,542</td><td>1,543</td><td>1,739</td><td>1,789</td><td>1,609</td></tr><tr><td>Ohio</td><td>6,787,124</td><td>28,925</td><td>25,808</td><td>25,200</td><td>21,646</td><td>21,920</td><td>21,917</td><td>22,573</td><td>24,567</td><td>20,699</td><td>22,617</td><td>21,745</td><td>21,657</td></tr><tr><td>Oklahoma</td><td>1,343,759</td><td>6,660</td><td>5,517</td><td>5,102</td><td>4,178</td><td>4,216</td><td>4,274</td><td>4,436</td><td>4,244</td><td>4,771</td><td>4,362</td><td>4,724</td><td>5,476</td></tr><tr><td>Oregon</td><td>1,054,457</td><td>3,892</td><td>2,588</td><td>2,935</td><td>2,702</td><td>2,323</td><td>2,325</td><td>2,887</td><td>2,658</td><td>2,234</td><td>2,496</td><td>2,317</td><td>2,219</td></tr><tr><td>Pennsylvania</td><td>8,870,433</td><td>36,973</td><td>33,884</td><td>35,429</td><td>31,912</td><td>33,454</td><td>32,281</td><td>32,286</td><td>33,528</td><td>30,345</td><td>32,730</td><td>32,605</td><td>33,296</td></tr><tr><td>Rhode Island</td><td>482,157</td><td>1,593</td><td>1,027</td><td>1,317</td><td>1,099</td><td>1,243</td><td>1,141</td><td>1,111</td><td>746</td><td>959</td><td>1,114</td><td>1,069</td><td>1,153</td></tr><tr><td>South Carolina</td><td>622,385</td><td>2,128</td><td>1,955</td><td>1,859</td><td>1,934</td><td>1,769</td><td>1,920</td><td>1,471</td><td>2,120</td><td>1,707</td><td>1,970</td><td>1,838</td><td>1,736</td></tr><tr><td>South Dakota</td><td>663,064</td><td>3,134</td><td>2,782</td><td>2,908</td><td>2,457</td><td>2,150</td><td>2,098</td><td>1,952</td><td>2,040</td><td>2,098</td><td>2,156</td><td>2,579</td><td>2,111</td></tr><tr><td>Tennessee</td><td>1,132,278</td><td>4,007</td><td>3,470</td><td>2,965</td><td>2,867</td><td>2,810</td><td>2,752</td><td>3,000</td><td>3,127</td><td>2,681</td><td>3,099</td><td>2,843</td><td>2,708</td></tr><tr><td>Texas</td><td>3,873,455</td><td>14,523</td><td>14,683</td><td>12,800</td><td>11,310</td><td>11,128</td><td>11,199</td><td>11,871</td><td>11,847</td><td>10,895</td><td>11,061</td><td>10,549</td><td>10,362</td></tr><tr><td>Utah</td><td>421,648</td><td>1,537</td><td>1,648</td><td>1,580</td><td>1,329</td><td>1,289</td><td>1,441</td><td>1,436</td><td>1,449</td><td>1,418</td><td>1,536</td><td>1,296</td><td>1,408</td></tr><tr><td>Vermont</td><td>139,486</td><td>464</td><td>430</td><td>367</td><td>410</td><td>304</td><td>371</td><td>412</td><td>468</td><td>419</td><td>350</td><td>379</td><td>360</td></tr><tr><td>Virginia</td><td>1,782,443</td><td>6,955</td><td>5,797</td><td>7,076</td><td>5,898</td><td>5,976</td><td>5,471</td><td>6,061</td><td>6,340</td><td>6,499</td><td>6,345</td><td>5,942</td><td>5,665</td></tr><tr><td>Washington</td><td>1,793,752</td><td>5,677</td><td>5,258</td><td>4,889</td><td>4,305</td><td>4,505</td><td>4,803</td><td>4,367</td><td>4,644</td><td>4,400</td><td>4,566</td><td>4,483</td><td>4,131</td></tr><tr><td>West Virginia</td><td>1,095,716</td><td>4,868</td><td>4,267</td><td>4,161</td><td>3,798</td><td>3,787</td><td>3,704</td><td>3,847</td><td>4,153</td><td>3,745</td><td>3,999</td><td>3,861</td><td>4,099</td></tr><tr><td>Wisconsin</td><td>2,468,081</td><td>10,659</td><td>9,042</td><td>7,756</td><td>7,361</td><td>7,464</td><td>8,799</td><td>8,191</td><td>8,114</td><td>7,387</td><td>7,847</td><td>7,708</td><td>8,173</td></tr><tr><td>Wyoming</td><td>212,432</td><td>695</td><td>763</td><td>736</td><td>520</td><td>655</td><td>616</td><td>495</td><td>661</td><td>502</td><td>524</td><td>578</td><td>303</td></tr><tr><td>Canal Zone</td><td>64,714</td><td>205</td><td>192</td><td>195</td><td>223</td><td>271</td><td>229</td><td>179</td><td>197</td><td>176</td><td>133</td><td>322</td><td>212</td></tr><tr><td>Puerto Rico</td><td>59,706</td><td>204</td><td>136</td><td>183</td><td>178</td><td>235</td><td>185</td><td>126</td><td>220</td><td>98</td><td>128</td><td>92</td><td>137</td></tr><tr><td>Virgin Islands</td><td>2,955</td><td>6</td><td>4</td><td>4</td><td>39</td><td>5</td><td>6</td><td>3</td><td>7</td><td>4</td><td>5</td><td>14</td><td>8</td></tr><tr><td>Adjustment to daily Treasury statement</td><td>+3,082,154 4/</td><td>+10,798</td><td>+33,527</td><td>+49,579</td><td>+10,340</td><td>+28,261</td><td>+35,387</td><td>-1,884</td><td>+33,567</td><td>+25,269</td><td>+25,861</td><td>+15,013</td><td>+5,017</td></tr><tr><td>Total</td><td>109,167,854</td><td>455,706</td><td>415,542</td><td>434,666</td><td>348,270</td><td>370,691</td><td>369,604</td><td>342,253</td><td>393,090</td><td>338,847</td><td>369,732</td><td>357,904</td><td>342,713</td></tr></table>
Source: Daily Treasury statement and reports from Federal Reserve Banks 1/ Sales of Series H began June 1, 1952. 2/ Figures include exchanges of minor amounts of Series F and J bonds for Series H bonds beginning January 1960; however, they exclude exchanges of Series E bonds for Series H bonds. 2/ Excludes data for period April 1947 through December 1956, when
reports were not available. In previous issues of the Bulletin, data for period May 1941 through March 1947 were included in "Other possessions," and data for calendar years 1957 and 1958 were included in "adjustment to daily Treasury statement." Includes a small amount for other possessions.
February 1962
61
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>End of fiscal year or month</th><th>Total Federal securities outstanding 1/</th><th>Total outstanding</th><th colspan="3">Held by U. S. Government investment accounts 2/</th><th colspan="3">Held by private investors 3/</th><th colspan="3">Interest-bearing securities guaranteed by the U. S. Government 4/</th><th>Matured debt and debt bearing no interest</th></tr><tr><th></th><th></th><th></th><th>Total</th><th>Public issues</th><th>Special issues</th><th>Held by Federal Reserve Banks - public issues</th><th>Total</th><th>Public market-able issues</th><th>Public non-market-able issues</th><th>Total outstanding</th><th>Held by U. S. Government investment accounts 2/</th><th>Held by private investors 3/</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>80</td><td>2,351</td></tr><tr><td>1955</td><td>274,418</td><td>271,741</td><td>50,536</td><td>7,286</td><td>43,250</td><td>23,607</td><td>197,598</td><td>127,875</td><td>69,723</td><td>43</td><td>3</td><td>41</td><td>2,634</td></tr><tr><td>1956</td><td>272,825</td><td>269,883</td><td>53,470</td><td>8,356</td><td>45,114</td><td>23,758</td><td>192,655</td><td>126,304</td><td>66,351</td><td>73</td><td>25</td><td>48</td><td>2,869</td></tr><tr><td>1957</td><td>270,634</td><td>268,486</td><td>55,501</td><td>8,674</td><td>46,827</td><td>23,035</td><td>189,949</td><td>127,179</td><td>62,770</td><td>106</td><td>50</td><td>56</td><td>2,042</td></tr><tr><td>1958</td><td>276,444</td><td>274,698</td><td>55,842</td><td>9,596</td><td>46,246</td><td>25,438</td><td>193,418</td><td>134,593</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>54,485</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>54,404</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>195</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>210</td><td>85</td><td>125</td><td>3,414</td></tr><tr><td>April</td><td>288,206</td><td>284,631</td><td>53,877</td><td>10,865</td><td>43,012</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>225</td><td>86</td><td>139</td><td>3,301</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>206,448</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>3,057</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>2,978</td></tr><tr><td>October</td><td>295,959</td><td>292,709</td><td>54,897</td><td>11,006</td><td>43,890</td><td>28,268</td><td>209,545</td><td>158,378</td><td>51,166</td><td>298</td><td>112</td><td>187</td><td>2,952</td></tr><tr><td>November</td><td>297,325</td><td>293,604</td><td>55,299</td><td>11,082</td><td>44,217</td><td>29,210</td><td>209,094</td><td>157,763</td><td>51,331</td><td>314</td><td>114</td><td>200</td><td>3,407</td></tr><tr><td>December</td><td>296,499</td><td>292,689</td><td>54,406</td><td>10,886</td><td>43,520</td><td>28,881</td><td>209,402</td><td>158,600</td><td>50,803</td><td>330</td><td>119</td><td>211</td><td>3,480</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.
2/ For amounts subject to limitation, see page 1.
3/ Includes accounts under the control of certain U. S. Government
3/ The total amount of interest-bearing securities held by private investor is calculated by deducting from the total amount outstanding the amount held by U. S. Government investment accounts and Federal Reserve Banks.
4/ 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>-1.2</td><td>.4</td><td>*</td><td>-</td><td>-</td><td>-2</td><td>-</td><td>60.0</td></tr><tr><td>1942.</td><td>-5</td><td>30.0</td><td>5.8</td><td>.3</td><td>*</td><td>.3</td><td>-2.3</td><td>-8.4</td><td>-4.5</td><td>1.0</td><td>-</td><td>-</td></tr><tr><td>1943.</td><td>-14.5</td><td>-90.3</td><td>-72.9</td><td>.4</td><td>-35.2</td><td>-145.8</td><td>-67.8</td><td>-15.8</td><td>-2.7</td><td>-</td><td>-5.0</td><td>4.8</td></tr><tr><td>1944.</td><td>-9.9</td><td>-105.1</td><td>-11.5</td><td>-16.5</td><td>-10.0</td><td>20.5</td><td>-18.5</td><td>-19.0</td><td>-28.1</td><td>*</td><td>-5.9</td><td>-12.0</td></tr><tr><td>1945.</td><td>-67.5</td><td>-48.1</td><td>-5.9</td><td>-55.6</td><td>-34.4</td><td>-56.4</td><td>-17.0</td><td>-2</td><td>-12.5</td><td>.3</td><td>-</td><td>-</td></tr><tr><td>1946.</td><td>-8.1</td><td>-7</td><td>-</td><td>3.3</td><td>.4</td><td>-69.8</td><td>-157.8</td><td>-41.2</td><td>-74.1</td><td>-123.0</td><td>-57.6</td><td>-20.3</td></tr><tr><td>1947.</td><td>.1</td><td>-</td><td>-4.7</td><td>-61.3</td><td>-338.6</td><td>-359.2</td><td>-609.1</td><td>-308.1</td><td>-123.1</td><td>-14.1</td><td>221.0</td><td>696.4</td></tr><tr><td>1948.</td><td>-2</td><td>177.4</td><td>106.8</td><td>-12.1</td><td>-30.4</td><td>1.1</td><td>5.4</td><td>4.4</td><td>7.2</td><td>.1</td><td>-8</td><td>-2</td></tr><tr><td>1949.</td><td>8.8</td><td>-1.8</td><td>5.1</td><td>1.5</td><td>-54.7</td><td>-88.4</td><td>-1</td><td>3.8</td><td>4.6</td><td>-1.7</td><td>11.5</td><td>-1</td></tr><tr><td>1950.</td><td>-6.6</td><td>13.5</td><td>6.3</td><td>1.1</td><td>-1.9</td><td>5.1</td><td>8.2</td><td>-2.0</td><td>5.0</td><td>5.8</td><td>10.7</td><td>7.0</td></tr><tr><td>1951.</td><td>36.8</td><td>261.2</td><td>482.7</td><td>8.4</td><td>11.4</td><td>3.5</td><td>.2</td><td>4.7</td><td>2.8</td><td>8.4</td><td>-3.6</td><td>29.0</td></tr><tr><td>1952.</td><td>22.1</td><td>6.7</td><td>.5</td><td>19.9</td><td>2.9</td><td>1.5</td><td>1.4</td><td>1.9</td><td>3.5</td><td>16.5</td><td>11.7</td><td>8.2</td></tr><tr><td>1953.</td><td>24.6</td><td>8.8</td><td>12.9</td><td>36.2</td><td>35.9</td><td>20.1</td><td>7.9</td><td>.4</td><td>38.4</td><td>17.0</td><td>-1.1</td><td>.6</td></tr><tr><td>1954.</td><td>7.0</td><td>-4.0</td><td>-22.4</td><td>-2.9</td><td>2.8</td><td>-45.5</td><td>-21.7</td><td>-17.2</td><td>-10.0</td><td>21.1</td><td>14.2</td><td>41.0</td></tr><tr><td>1955.</td><td>23.0</td><td>77.2</td><td>18.9</td><td>29.9</td><td>56.2</td><td>22.5</td><td>74.8</td><td>20.3</td><td>11.8</td><td>-30.7</td><td>7.9</td><td>234.8</td></tr><tr><td>1956.</td><td>-1.3</td><td>-9.8</td><td>10.7</td><td>46.7</td><td>5.7</td><td>398.8</td><td>49.2</td><td>9.4</td><td>8.4</td><td>56.2</td><td>83.9</td><td>21.3</td></tr><tr><td>1957.</td><td>14.3</td><td>72.6</td><td>13.4</td><td>35.4</td><td>313.4</td><td>15.8</td><td>182.4</td><td>26.4</td><td>10.3</td><td>26.6</td><td>-67.3</td><td>33.3</td></tr><tr><td>1958.</td><td>-123.4</td><td>-155.9</td><td>10.6</td><td>-2.1</td><td>-86.3</td><td>177.2</td><td>445.5</td><td>19.1</td><td>10.6</td><td>17.3</td><td>55.1</td><td>43.7</td></tr><tr><td>1959.</td><td>14.1</td><td>23.0</td><td>62.2</td><td>44.0</td><td>53.1</td><td>9.9</td><td>32.2</td><td>18.3</td><td>28.3</td><td>41.1</td><td>71.6</td><td>113.1</td></tr><tr><td>1960.</td><td>17.5</td><td>16.5</td><td>43.1</td><td>16.4</td><td>21.8</td><td>-14.5</td><td>35.5</td><td>44.4</td><td>3.4</td><td>25.5</td><td>105.5</td><td>39.7</td></tr><tr><td>1961.</td><td>-5.6</td><td>-21.3</td><td>56.1</td><td>19.5</td><td>24.2</td><td>15.4</td><td>25.6</td><td>17.1</td><td>25.1</td><td>36.8</td><td>57.3</td><td>27.8</td></tr><tr><td>1962.</td><td>76.9</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>
1/ Consists of purchases or sales made by the Treasury of securities issued or guaranteed by the U. S. Government for (1) trust funds which by law are under the control of the Secretary of the Treasury or of the Treasurer of the United States, and (2) accounts under the control of certain U. S. Government agencies whose investments are handled through the facilities of the Treasury Department. It will be noted that these
transactions differ from those reflected in Table 1 because they exclude those Government investment accounts for which investments are not handled by the Treasury. Table 2 also includes purchases under Section 19 of the Second Liberty Bond Act, as amended (31 U.S.C. 754a), and excludes the Exchange Stabilization Fund. Less than $50,000.
62
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="4">Individuals 3/</th><th colspan="5">Held by private nonbank investors</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>Corporations 6/</th><th>State and local governments</th><th>Miscellaneous investors 7/</th></tr><tr><td>1939-Dec.</td><td>47.6</td><td>18.4</td><td>15.9</td><td>2.5</td><td>6.5</td><td>22.7</td><td>10.1</td><td>-</td><td>1.9</td><td>8.2</td><td>6.3</td><td>3.1</td><td>2.2</td><td>.4</td><td>.7</td></tr><tr><td>1940-June</td><td>48.5</td><td>18.6</td><td>16.1</td><td>2.5</td><td>7.1</td><td>22.8</td><td>10.1</td><td>-</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>19.5</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>6.4</td><td>3.2</td><td>2.0</td><td>.5</td><td>.7</td></tr><tr><td>1941-June</td><td>55.3</td><td>21.8</td><td>19.7</td><td>2.2</td><td>8.5</td><td>25.0</td><td>11.2</td><td>.2</td><td>3.4</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>4.2</td><td>8.2</td><td>8.2</td><td>3.7</td><td>4.0</td><td>.7</td><td>.9</td></tr><tr><td>1942-June</td><td>77.0</td><td>28.7</td><td>26.0</td><td>2.6</td><td>10.6</td><td>37.7</td><td>17.8</td><td>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>112.5</td><td>47.3</td><td>41.1</td><td>6.2</td><td>12.2</td><td>53.0</td><td>23.7</td><td>6.9</td><td>6.4</td><td>10.3</td><td>11.3</td><td>4.1</td><td>10.1</td><td>1.0</td><td>2.3</td></tr><tr><td>1943-June</td><td>140.8</td><td>59.4</td><td>52.2</td><td>7.2</td><td>14.3</td><td>67.0</td><td>30.9</td><td>11.3</td><td>7.9</td><td>11.7</td><td>13.1</td><td>5.1</td><td>12.9</td><td>1.5</td><td>3.4</td></tr><tr><td>Dec.</td><td>170.1</td><td>71.5</td><td>59.9</td><td>11.5</td><td>16.9</td><td>81.7</td><td>37.6</td><td>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>83.3</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>10.1</td><td>14.9</td><td>17.3</td><td>7.3</td><td>20.2</td><td>3.2</td><td>6.1</td></tr><tr><td>Dec.</td><td>232.1</td><td>96.5</td><td>77.7</td><td>18.8</td><td>21.7</td><td>114.0</td><td>53.3</td><td>25.5</td><td>10.7</td><td>17.1</td><td>19.6</td><td>8.3</td><td>21.4</td><td>4.3</td><td>7.0</td></tr><tr><td>1945-June</td><td>259.1</td><td>106.0</td><td>84.2</td><td>21.8</td><td>24.9</td><td>128.2</td><td>59.1</td><td>29.1</td><td>11.6</td><td>18.5</td><td>22.7</td><td>9.6</td><td>23.3</td><td>5.3</td><td>8.2</td></tr><tr><td>Dec.</td><td>278.7</td><td>115.0</td><td>90.8</td><td>24.3</td><td>27.0</td><td>136.6</td><td>64.1</td><td>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. 8/</td><td>279.8</td><td>116.7</td><td>93.8</td><td>22.9</td><td>28.0</td><td>135.1</td><td>64.1</td><td>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>8.9</td></tr><tr><td>June</td><td>269.9</td><td>108.2</td><td>84.4</td><td>23.8</td><td>29.1</td><td>132.6</td><td>63.3</td><td>30.4</td><td>13.1</td><td>19.9</td><td>24.9</td><td>11.5</td><td>17.8</td><td>6.5</td><td>8.6</td></tr><tr><td>Dec.</td><td>259.5</td><td>97.9</td><td>74.5</td><td>23.3</td><td>30.9</td><td>130.7</td><td>64.2</td><td>30.3</td><td>13.9</td><td>20.1</td><td>24.9</td><td>11.8</td><td>15.3</td><td>6.3</td><td>8.1</td></tr><tr><td>1947-June</td><td>258.4</td><td>91.9</td><td>70.6</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>9.6</td></tr><tr><td>Dec.</td><td>257.0</td><td>91.3</td><td>68.7</td><td>22.6</td><td>34.4</td><td>131.3</td><td>65.7</td><td>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>8.4</td></tr><tr><td>1948-June</td><td>252.4</td><td>85.9</td><td>64.6</td><td>21.4</td><td>35.8</td><td>130.7</td><td>65.8</td><td>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>252.9</td><td>85.8</td><td>62.5</td><td>23.3</td><td>37.3</td><td>129.7</td><td>65.5</td><td>32.2</td><td>15.6</td><td>17.6</td><td>21.2</td><td>11.5</td><td>14.8</td><td>7.9</td><td>8.9</td></tr><tr><td>1949-June</td><td>252.8</td><td>82.4</td><td>63.0</td><td>19.3</td><td>38.3</td><td>132.2</td><td>66.6</td><td>31.1</td><td>15.7</td><td>17.8</td><td>20.5</td><td>11.6</td><td>15.8</td><td>8.0</td><td>9.6</td></tr><tr><td>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>16.8</td><td>8.1</td><td>9.4</td></tr><tr><td>1950-June</td><td>257.4</td><td>83.9</td><td>65.6</td><td>18.3</td><td>37.8</td><td>135.6</td><td>67.4</td><td>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>9.7</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>10.5</td></tr><tr><td>1951-June</td><td>255.3</td><td>81.4</td><td>58.4</td><td>23.0</td><td>41.0</td><td>132.9</td><td>65.4</td><td>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>15.5</td><td>16.5</td><td>9.8</td><td>20.7</td><td>9.6</td><td>10.6</td></tr><tr><td>1952-June</td><td>259.2</td><td>84.0</td><td>61.1</td><td>22.9</td><td>44.3</td><td>130.8</td><td>64.8</td><td>34.3</td><td>14.1</td><td>15.7</td><td>15.7</td><td>9.6</td><td>18.8</td><td>10.4</td><td>11.6</td></tr><tr><td>Dec.</td><td>267.4</td><td>88.1</td><td>63.4</td><td>24.7</td><td>45.9</td><td>131.4</td><td>65.2</td><td>35.3</td><td>13.8</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>12.0</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>15.4</td><td>13.9</td><td>9.2</td><td>21.5</td><td>12.7</td><td>13.2</td></tr><tr><td>1954-June</td><td>271.3</td><td>88.7</td><td>63.6</td><td>25.0</td><td>49.3</td><td>133.3</td><td>64.7</td><td>37.5</td><td>12.1</td><td>15.1</td><td>15.4</td><td>9.1</td><td>16.6</td><td>13.9</td><td>13.7</td></tr><tr><td>Dec.</td><td>278.8</td><td>94.1</td><td>69.2</td><td>24.9</td><td>49.6</td><td>135.1</td><td>63.4</td><td>38.2</td><td>11.7</td><td>13.5</td><td>15.3</td><td>8.8</td><td>19.2</td><td>14.4</td><td>13.9</td></tr><tr><td>1955-June</td><td>274.4</td><td>87.1</td><td>63.5</td><td>23.6</td><td>50.5</td><td>136.7</td><td>65.0</td><td>39.3</td><td>10.9</td><td>14.8</td><td>1.0</td><td>8.7</td><td>18.8</td><td>14.7</td><td>14.4</td></tr><tr><td>Dec.</td><td>280.8</td><td>86.8</td><td>62.0</td><td>24.8</td><td>51.7</td><td>142.3</td><td>64.7</td><td>40.1</td><td>10.2</td><td>14.5</td><td>14.6</td><td>8.5</td><td>23.5</td><td>15.4</td><td>15.6</td></tr><tr><td>1956-June</td><td>272.8</td><td>91.0</td><td>57.3</td><td>23.8</td><td>53.5</td><td>138.1</td><td>66.2</td><td>40.9</td><td>9.4</td><td>15.9</td><td>13.6</td><td>8.4</td><td>17.7</td><td>16.1</td><td>16.3</td></tr><tr><td>Dec.</td><td>276.7</td><td>84.4</td><td>59.5</td><td>24.9</td><td>54.0</td><td>138.2</td><td>65.5</td><td>41.4</td><td>8.7</td><td>15.4</td><td>13.2</td><td>8.0</td><td>19.1</td><td>16.3</td><td>16.1</td></tr><tr><td>1957-June</td><td>270.6</td><td>79.2</td><td>56.2</td><td>23.0</td><td>55.6</td><td>135.9</td><td>65.6</td><td>41.5</td><td>7.6</td><td>16.5</td><td>12.7</td><td>7.9</td><td>16.8</td><td>16.8</td><td>16.0</td></tr><tr><td>Dec.</td><td>275.0</td><td>83.7</td><td>59.5</td><td>24.2</td><td>55.2</td><td>136.1</td><td>64.0</td><td>41.6</td><td>6.6</td><td>15.8</td><td>12.5</td><td>7.6</td><td>18.6</td><td>16.6</td><td>16.6</td></tr><tr><td>1958-June</td><td>276.4</td><td>90.7</td><td>65.3</td><td>25.4</td><td>55.9</td><td>129.9</td><td>63.7</td><td>42.1</td><td>5.9</td><td>15.7</td><td>12.2</td><td>7.4</td><td>14.8</td><td>16.3</td><td>15.3</td></tr><tr><td>Dec.</td><td>283.0</td><td>93.9</td><td>67.5</td><td>26.3</td><td>54.4</td><td>134.8</td><td>63.0</td><td>42.5</td><td>5.2</td><td>15.2</td><td>12.7</td><td>7.3</td><td>18.8</td><td>16.5</td><td>16.6</td></tr><tr><td>1959-June</td><td>284.8</td><td>87.6</td><td>61.1</td><td>26.0</td><td>54.6</td><td>142.6</td><td>65.4</td><td>42.6</td><td>4.2</td><td>18.4</td><td>12.6</td><td>7.3</td><td>20.7</td><td>16.9</td><td>19.7</td></tr><tr><td>Dec.</td><td>290.9</td><td>86.9</td><td>66.3</td><td>26.6</td><td>53.7</td><td>150.3</td><td>68.2</td><td>42.4</td><td>3.5</td><td>22.3</td><td>12.5</td><td>6.9</td><td>22.6</td><td>18.0</td><td>22.1</td></tr><tr><td>1960-June</td><td>286.5</td><td>81.8</td><td>55.3</td><td>26.5</td><td>55.3</td><td>149.3</td><td>68.4</td><td>42.5</td><td>3.1</td><td>22.8</td><td>12.0</td><td>6.6</td><td>20.7</td><td>18.8</td><td>22.7</td></tr><tr><td>July</td><td>288.5</td><td>84.2</td><td>57.4</td><td>26.9</td><td>54.8</td><td>149.4</td><td>68.1</td><td>42.6</td><td>3.0</td><td>22.5</td><td>12.0</td><td>6.5</td><td>21.1</td><td>18.7</td><td>23.0</td></tr><tr><td>Aug.</td><td>288.8</td><td>84.2</td><td>57.5</td><td>26.8</td><td>55.9</td><td>148.6</td><td>67.7</td><td>42.6</td><td>3.0</td><td>22.1</td><td>12.0</td><td>6.6</td><td>20.4</td><td>18.5</td><td>23.4</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>67.8</td><td>42.7</td><td>2.9</td><td>22.2</td><td>12.0</td><td>6.5</td><td>19.3</td><td>18.3</td><td>23.5</td></tr><tr><td>Oct.</td><td>290.6</td><td>88.8</td><td>61.4</td><td>27.4</td><td>55.0</td><td>146.9</td><td>66.6</td><td>42.7</td><td>2.9</td><td>20.9</td><td>11.9</td><td>6.4</td><td>20.1</td><td>18.3</td><td>23.6</td></tr><tr><td>Nov.</td><td>290.6</td><td>88.7</td><td>61.2</td><td>27.5</td><td>55.4</td><td>146.4</td><td>66.5</td><td>42.8</td><td>2.8</td><td>20.8</td><td>11.9</td><td>6.2</td><td>20.6</td><td>18.3</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>145.8</td><td>65.6</td><td>42.9</td><td>2.7</td><td>20.0</td><td>11.9</td><td>6.3</td><td>19.7</td><td>18.2</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>65.7</td><td>43.1</td><td>2.7</td><td>19.9</td><td>11.9</td><td>6.3</td><td>20.1</td><td>18.3</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>65.8</td><td>43.2</td><td>2.7</td><td>19.9</td><td>11.8</td><td>6.4</td><td>21.2</td><td>18.5</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>65.9</td><td>43.3</td><td>2.6</td><td>20.0</td><td>11.7</td><td>6.6</td><td>19.2</td><td>18.7</td><td>24.1</td></tr><tr><td>April</td><td>288.2</td><td>88.5</td><td>61.7</td><td>26.8</td><td>54.0</td><td>145.7</td><td>64.9</td><td>43.4</td><td>2.6</td><td>19.0</td><td>11.6</td><td>6.3</td><td>20.2</td><td>18.5</td><td>23.9</td></tr><tr><td>May</td><td>290.4</td><td>89.0</td><td>62.1</td><td>26.9</td><td>55.5</td><td>145.8</td><td>64.7</td><td>43.5</td><td>2.5</td><td>18.7</td><td>11.6</td><td>6.3</td><td>21.2</td><td>18.5</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>64.3</td><td>43.6</td><td>2.5</td><td>18.3</td><td>11.4</td><td>6.3</td><td>19.4</td><td>18.7</td><td>
Source: Office of Debt Analysis in the Office of the Secretary.
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.
2/ Consists of commercial banks, trust companies, and stock savings banks in the United States and in Territories and Island possessions. Figures exclude securities held in trust departments.
4/ Includes partnerships and personal trust accounts.
5/ Discontinued series. See savings bonds tables.
6/ 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.
8/ Immediate postwar debt peak.
p Preliminary.
February 1962
63
TREASURY SURVEY OF OWNERSHIP, DECEMBER 31, 1961
The monthly Treasury Survey of Ownership covers securities issued by the United States Government and by Federal agencies. The banks and insurance companies included in the Survey account for about 95 percent, corporations and savings and loan associations for about half, and State and local governments for about 60 percent of all such securities held by these respective classes of investors in the United States. Data for banks and insurance companies were first published in the May 1941 Treasury Bulletin and for corporations and savings and loan associa-
tions in the September 1960 Bulletin. Beginning with this issue, data for State and local governments are published as part of the regular monthly Survey.
Holdings by commercial banks distributed according to Federal Reserve member-bank classes and nonmember banks are published for June 30 and December 31. Holdings by corporate pension trust funds are published quarterly, first appearing in the March 1954 Bulletin.
Section I - Securities Issued or Guaranteed by the United States Government
Table 1.- Summary of All Securities
(Par values - in millions of dollars)
<table><tr><th 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">Memorandum: Held by 13,361 corporate pension trust funds</th></tr><tr><th>6,237 commercial banks 2/ 2/</th><th>512 mutual savings banks 2/</th><th>Insurance companies 304 life</th><th>518 fire, casualty, and marine</th><th>489 savings and loan associations</th><th>488 corporations</th><th>State and local governments 298 general funds</th><th>188 pension and retirement funds</th><th>U. S. Government investment accounts and Federal Reserve Banks</th><th>Held by all other investors 4/ 5/</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><td></td><td></td></tr><tr><td>Public marketable............</td><td>196,294</td><td>59,122</td><td>5,910</td><td>4,716</td><td>4,352</td><td>2,779</td><td>10,547</td><td>6,536</td><td>4,372</td><td>37,484</td><td>60,477</td><td>1,804</td></tr><tr><td>Public nonmarketable 6/........</td><td>53,205</td><td>420 7/</td><td>224</td><td>1,007</td><td>137</td><td>108</td><td>9</td><td>255</td><td>443</td><td>2,401</td><td>48,201</td><td>148</td></tr><tr><td>Special issues..................</td><td>43,520</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>43,520</td><td>-</td><td>-</td></tr><tr><td>Total interest-bearing securities</td><td>293,019</td><td>59,542</td><td>6,134</td><td>5,723</td><td>4,489</td><td>2,886</td><td>10,556</td><td>6,791</td><td>4,815</td><td>83,405</td><td>108,678</td><td>1,952</td></tr><tr><td>Matured debt and debt bearing no interest 8/........</td><td>3,480</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total securities issued or guaranteed by U. S. Government 9/.....</td><td>296,499</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>
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>6,237 commercial banks 2/ 3/</th><th>512 mutual savings banks 2/</th><th>Insurance companies 304 life</th><th>518 fire, casualty, and marine</th><th>489 savings and loan associations</th><th>488 corporations</th><th>State and local governments 298 general funds</th><th>188 pension and retirement funds</th><th>U. S. Government investment accounts and Federal Reserve Banks</th><th>Held by all other investors 4/</th><th>Memorandum: Held by 13,361 corporate pension trust funds 2/</th></tr><tr><td>By type of security:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Issued by U. S. Government:</td><td></td><td></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 bills</td><td>43,444</td><td>9,962</td><td>181</td><td>133</td><td>309</td><td>155</td><td>5,466</td><td>2,517</td><td>193</td><td>3,932</td><td>20,595</td><td>512</td></tr><tr><td>Certificate of indebtedness</td><td>5,509</td><td>1,955</td><td>54</td><td>4</td><td>67</td><td>25</td><td>376</td><td>142</td><td>8</td><td>1,820</td><td>1,059</td><td>24</td></tr><tr><td>Treasury notes</td><td>71,526</td><td>23,639</td><td>1,452</td><td>450</td><td>1,303</td><td>647</td><td>3,163</td><td>1,417</td><td>296</td><td>21,349</td><td>17,811</td><td>541</td></tr><tr><td>Treasury bonds</td><td>75,486</td><td>23,518</td><td>4,180</td><td>4,097</td><td>2,656</td><td>1,933</td><td>1,543</td><td>2,454</td><td>3,866</td><td>10,264</td><td>20,974</td><td>726</td></tr><tr><td>Guaranteed by U. S. Government 2/</td><td>330</td><td>49</td><td>42</td><td>32</td><td>16</td><td>19</td><td>-</td><td>6</td><td>10</td><td>119</td><td>37</td><td>1</td></tr><tr><td>Total</td><td>196,294</td><td>59,122</td><td>5,910</td><td>4,716</td><td>4,352</td><td>2,779</td><td>10,547</td><td>6,536</td><td>4,372</td><td>37,484</td><td>60,477</td><td>1,804</td></tr><tr><td>By maturity distribution:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Call classes (due or first becoming callable):</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Within 1 year</td><td>87,377</td><td>23,027</td><td>775</td><td>196</td><td>1,145</td><td>480</td><td>8,712</td><td>3,707</td><td>293</td><td>19,077</td><td>29,965</td><td>749</td></tr><tr><td>1 to 5 years</td><td>75,726</td><td>31,777</td><td>2,742</td><td>1,059</td><td>2,299</td><td>1,208</td><td>1,784</td><td>1,252</td><td>577</td><td>12,946</td><td>20,082</td><td>650</td></tr><tr><td>5 to 10 years</td><td>15,465</td><td>3,636</td><td>772</td><td>386</td><td>557</td><td>541</td><td>38</td><td>498</td><td>504</td><td>2,128</td><td>6,405</td><td>148</td></tr><tr><td>10 to 15 years</td><td>1,645</td><td>124</td><td>102</td><td>54</td><td>57</td><td>64</td><td>5</td><td>81</td><td>208</td><td>464</td><td>486</td><td>28</td></tr><tr><td>15 to 20 years</td><td>4,398</td><td>149</td><td>249</td><td>628</td><td>116</td><td>86</td><td>1</td><td>323</td><td>714</td><td>954</td><td>1,177</td><td>81</td></tr><tr><td>20 years and over</td><td>11,355</td><td>360</td><td>1,227</td><td>2,361</td><td>162</td><td>381</td><td>7</td><td>669</td><td>2,068</td><td>1,797</td><td>2,323</td><td>147</td></tr><tr><td>Guaranteed securities 2/</td><td>330</td><td>49</td><td>42</td><td>32</td><td>16</td><td>19</td><td>-</td><td>6</td><td>10</td><td>119</td><td>37</td><td>1</td></tr><tr><td>Total</td><td>196,294</td><td>59,122</td><td>5,910</td><td>4,716</td><td>4,352</td><td>2,779</td><td>10,547</td><td>6,536</td><td>4,372</td><td>37,484</td><td>60,477</td><td>1,804</td></tr><tr><td>Maturity classes (final maturity 10/):</td><td></td><td></td><td></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>85,913</td><td>22,486</td><td>686</td><td>187</td><td>1,066</td><td>448</td><td>8,702</td><td>3,689</td><td>285</td><td>18,902</td><td>29,463</td><td>736</td></tr><tr><td>1 to 5 years</td><td>64,874</td><td>29,414</td><td>1,514</td><td>511</td><td>1,686</td><td>893</td><td>1,743</td><td>950</td><td>370</td><td>10,597</td><td>17,198</td><td>508</td></tr><tr><td>5 to 10 years</td><td>19,782</td><td>5,043</td><td>1,708</td><td>654</td><td>971</td><td>617</td><td>72</td><td>477</td><td>365</td><td>3,822</td><td>6,052</td><td>232</td></tr><tr><td>10 to 15 years</td><td>9,174</td><td>1,610</td><td>466</td><td>335</td><td>327</td><td>323</td><td>22</td><td>382</td><td>438</td><td>1,180</td><td>4,091</td><td>89</td></tr><tr><td>15 to 20 years</td><td>2,802</td><td>114</td><td>195</td><td>530</td><td>82</td><td>49</td><td>*</td><td>119</td><td>311</td><td>780</td><td>623</td><td>40</td></tr><tr><td>20 years and over</td><td>13,419</td><td>407</td><td>1,298</td><td>2,468</td><td>203</td><td>431</td><td>8</td><td>913</td><td>2,594</td><td>2,085</td><td>3,013</td><td>198</td></tr><tr><td>Guaranteed securities 2/</td><td>330</td><td>49</td><td>42</td><td>32</td><td>16</td><td>19</td><td>-</td><td>6</td><td>10</td><td>119</td><td>37</td><td>1</td></tr><tr><td>Total</td><td>196,294</td><td>59,122</td><td>5,910</td><td>4,716</td><td>4,352</td><td>2,779</td><td>10,547</td><td>6,536</td><td>4,372</td><td>37,484</td><td>60,477</td><td>1,804</td></tr><tr><td>By tax status: 11/</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Partially exempt from Federal income taxes</td><td>1,485</td><td>1,337</td><td>*</td><td>*</td><td>25</td><td>2</td><td>5</td><td>*</td><td>*</td><td>*</td><td>115</td><td>*</td></tr><tr><td>Subject to Federal income taxes 12/</td><td>194,809</td><td>57,785</td><td>5,909</td><td>4,716</td><td>4,326</td><td>2,776</td><td>10,542</td><td>6,536</td><td>4,372</td><td>37,484</td><td>60,362</td><td>1,804</td></tr><tr><td>Total</td><td>196,294</td><td>59,122</td><td>5,910</td><td>4,716</td><td>4,352</td><td>2,779</td><td>10,547</td><td>6,536</td><td>4,372</td><td>37,484</td><td>60,477</td><td>1,804</td></tr></table>
Footnotes at end of Table 4
64
Treasury Bulletin
TREASURY SURVEY OF OWNERSHIP, DECEMBER 31, 1961
Section I - Securities Issued or Guaranteed by the United States Government Table 3.- Interest-Bearing Public Marketable Securities by Issues
(Par values - in millions of dollars)
<table><tr><th>issu-</th><th>Total amount outstanding</th><th>6,237 commercial banks 2/2/</th><th>512 mutual savings banks 2/</th><th>Insurance companies 304 life</th><th>518 fire, casualty, and marine</th><th>489 savings and loan associations</th><th>483 corporations</th><th>State and local governments 298 general funds</th><th>188 pension and retirement funds</th><th>U.S. Government investment accounts and Federal Reserve Banks</th><th>Held by all other investors 4/</th><th>Memorandum: Held by 13,361 corporate pension trust funds 5/</th></tr><tr><td>Treasury bills: Regular weekly:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Jan. 1962 - Mar. 1962.</td><td>22,215</td><td>4,126</td><td>8.</td><td>60</td><td>178</td><td>87</td><td>2,274</td><td>1,642</td><td>134</td><td>2,213</td><td>11,417</td><td>373</td></tr><tr><td>Apr. 1962 - June 1962.</td><td>7,706</td><td>1,693</td><td>19</td><td>28</td><td>47</td><td>12</td><td>885</td><td>370</td><td>10</td><td>659</td><td>3,982</td><td>34</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><td></td><td></td><td></td></tr><tr><td>Mar. 1962.</td><td>3,503</td><td>1,062</td><td>5</td><td>16</td><td>15</td><td>*</td><td>1,054</td><td>33</td><td>15</td><td>148</td><td>1,153</td><td>34</td></tr><tr><td>June 1962.</td><td>2,511</td><td>1,097</td><td>6</td><td>10</td><td>13</td><td>10</td><td>583</td><td>56</td><td>*</td><td>76</td><td>659</td><td>5</td></tr><tr><td>Other:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Jan. 1962.</td><td>1,502</td><td>171</td><td>*</td><td>8</td><td>9</td><td>8</td><td>91</td><td>142</td><td>16</td><td>172</td><td>876</td><td>19</td></tr><tr><td>Apr. 1962.</td><td>2,000</td><td>357</td><td>1.</td><td>1</td><td>19</td><td>13</td><td>183</td><td>102</td><td>6</td><td>282</td><td>1,023</td><td>20</td></tr><tr><td>July 1962.</td><td>2,004</td><td>629</td><td>1.</td><td>1</td><td>20</td><td>14</td><td>164</td><td>1.30</td><td>12</td><td>186</td><td>824</td><td>21</td></tr><tr><td>Oct. 1962.</td><td>2,003</td><td>826</td><td>29</td><td>8</td><td>9</td><td>11</td><td>232</td><td>32</td><td>*</td><td>196</td><td>662</td><td>6</td></tr><tr><td>Total Treasury bills.</td><td>43,444</td><td>9,962</td><td>181</td><td>133</td><td>309</td><td>155</td><td>5,466</td><td>2,517</td><td>193</td><td>3,932</td><td>20,595</td><td>512</td></tr><tr><td>certificates of indebtedness: 3% May 1962-A.</td><td>4,509</td><td>1,955</td><td>54</td><td>4</td><td>67</td><td>25</td><td>376</td><td>142</td><td>8</td><td>1,820</td><td>1,059</td><td>24</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><td></td><td></td><td></td></tr><tr><td>3-5/8 Feb. 1962-A.</td><td>647</td><td>225</td><td>5</td><td>*</td><td>57</td><td>10</td><td>69</td><td>34</td><td>5</td><td>33</td><td>209</td><td>3</td></tr><tr><td>3-1/4 Feb. 1962-D.</td><td>1,435</td><td>532</td><td>40</td><td>1</td><td>46</td><td>9</td><td>65</td><td>42</td><td>1</td><td>26</td><td>652</td><td>21</td></tr><tr><td>3-1.4 Feb. 1962-F.</td><td>9,098</td><td>1,925</td><td>77</td><td>10</td><td>77</td><td>29</td><td>919</td><td>132</td><td>*</td><td>4,860</td><td>1,468</td><td>24</td></tr><tr><td>3-1/2 May 1962-E.</td><td>1,211</td><td>1,011</td><td>74</td><td>6</td><td>21</td><td>39</td><td>101</td><td>100</td><td>9</td><td>153</td><td>637</td><td>21</td></tr><tr><td>3-1/4 Aug. 1962-B.</td><td>158</td><td>92</td><td>1</td><td>*</td><td>3</td><td>2</td><td>*</td><td>12</td><td>*</td><td>*</td><td>48</td><td>1</td></tr><tr><td>3-1/4 Aug. 1962-G.</td><td>7,325</td><td>1,676</td><td>106</td><td>4</td><td>36</td><td>77</td><td>174</td><td>204</td><td>3</td><td>1,702</td><td>1,343</td><td>46</td></tr><tr><td>3-1/4 Nov. 1962-J.</td><td>1,143</td><td>578</td><td>45</td><td>1</td><td>51</td><td>22</td><td>28</td><td>50</td><td>2</td><td>35</td><td>332</td><td>9</td></tr><tr><td>3-1/4 Nov. 1962-H.</td><td>6,082</td><td>979</td><td>35</td><td>5</td><td>52</td><td>13</td><td>237</td><td>217</td><td>2</td><td>3,38</td><td>1,164</td><td>24</td></tr><tr><td>3-5/8 Feb. 1963-A.</td><td>2,839</td><td>1,896</td><td>37</td><td>6</td><td>63</td><td>30</td><td>110</td><td>41</td><td>4</td><td>164</td><td>495</td><td>16</td></tr><tr><td>3-1/4 Feb. 1963-E.</td><td>3,643</td><td>1,971</td><td>43</td><td>9</td><td>69</td><td>22</td><td>414</td><td>75</td><td>1</td><td>90</td><td>947</td><td>19</td></tr><tr><td>3-1/4 May 1963-B.</td><td>1,743</td><td>694</td><td>70</td><td>*</td><td>36</td><td>32</td><td>15</td><td>36</td><td>26</td><td>71</td><td>763</td><td>21</td></tr><tr><td>3-1/4 May 1963-D.</td><td>5,047</td><td>2,666</td><td>59</td><td>12</td><td>59</td><td>73</td><td>58</td><td>164</td><td>*</td><td>985</td><td>1,002</td><td>13</td></tr><tr><td>4-7/8 Nov. 1963-C.</td><td>3,011</td><td>1,011</td><td>143</td><td>7</td><td>85</td><td>31</td><td>30</td><td>45</td><td>24</td><td>158</td><td>1,470</td><td>46</td></tr><tr><td>3-3/4 May 1964-D.</td><td>3,393</td><td>2,115</td><td>87</td><td>6</td><td>149</td><td>68</td><td>20</td><td>83</td><td>18</td><td>284</td><td>1,063</td><td>25</td></tr><tr><td>4-3/4 May 1964-A.</td><td>4,933</td><td>580</td><td>93</td><td>17</td><td>54</td><td>22</td><td>31</td><td>36</td><td>63</td><td>1,840</td><td>1,193</td><td>55</td></tr><tr><td>5 Aug. 1964-B.</td><td>2,316</td><td>319</td><td>96</td><td>12</td><td>51</td><td>13</td><td>54</td><td>17</td><td>23</td><td>193</td><td>1,538</td><td>70</td></tr><tr><td>4-7/8 Aug. 1964-E.</td><td>5,019</td><td>2,077</td><td>88</td><td>2</td><td>72</td><td>22</td><td>39</td><td>37</td><td>9</td><td>1,701</td><td>942</td><td>33</td></tr><tr><td>4-7/8 Nov. 1964-F.</td><td>4,195</td><td>789</td><td>147</td><td>10</td><td>55</td><td>25</td><td>17</td><td>56</td><td>72</td><td>2,291</td><td>734</td><td>40</td></tr><tr><td>2-1/8 May 1965-A.</td><td>2,113</td><td>675</td><td>141</td><td>19</td><td>70</td><td>50</td><td>14</td><td>20</td><td>17</td><td>359</td><td>747</td><td>38</td></tr><tr><td>1-1/2 Apr. 1965-EA.</td><td>551</td><td>85</td><td>*</td><td>1</td><td>26</td><td>*</td><td>43</td><td>4</td><td>*</td><td>25</td><td>167</td><td>1</td></tr><tr><td>1-1/2 Oct. 1965-EO.</td><td>590</td><td>130</td><td>1</td><td>*</td><td>14</td><td>*</td><td>37</td><td>2</td><td>*</td><td>*</td><td>159</td><td>2</td></tr><tr><td>1-1/2 Apr. 1963-EA.</td><td>533</td><td>244</td><td>1</td><td>*</td><td>13</td><td>*</td><td>109</td><td>2</td><td>*</td><td>*</td><td>144</td><td>*</td></tr><tr><td>1-1/2 Oct. 1963-EO.</td><td>506</td><td>283</td><td>1</td><td>*</td><td>19</td><td>*</td><td>89</td><td>4</td><td>6</td><td>*</td><td>104</td><td>*</td></tr><tr><td>1-1/2 Apr. 1964-EA.</td><td>457</td><td>253</td><td>*</td><td>3</td><td>40</td><td>*</td><td>66</td><td>1</td><td>1</td><td>*</td><td>90</td><td>2</td></tr><tr><td>1-1/2 Oct. 1964-EO.</td><td>490</td><td>199</td><td>10</td><td>7</td><td>28</td><td>*</td><td>81</td><td>*</td><td>*</td><td>*</td><td>162</td><td>4</td></tr><tr><td>1-1/2 Apr. 1965-EA.</td><td>466</td><td>179</td><td>16</td><td>69</td><td>25</td><td>*</td><td>98</td><td>*</td><td>1</td><td>*</td><td>77</td><td>*</td></tr><tr><td>1-1/2 Oct. 1965-EO.</td><td>315</td><td>187</td><td>5</td><td>10</td><td>9</td><td>2</td><td>23</td><td>1</td><td>*</td><td>*</td><td>77</td><td>*</td></tr><tr><td>1-1/2 Apr. 1966-EA.</td><td>675</td><td>211</td><td>20</td><td>218</td><td>26</td><td>3</td><td>99</td><td>4</td><td>10</td><td>*</td><td>84</td><td>2</td></tr><tr><td>1-1/2 Oct. 1966-EO.</td><td>92</td><td>58</td><td>*</td><td>12</td><td>7</td><td>2</td><td>13</td><td>*</td><td>*</td><td>*</td><td>1</td><td>4</td></tr><tr><td>Total Treasury notes.</td><td>71,526</td><td>23,639</td><td>1,452</td><td>450</td><td>1,303</td><td>647</td><td>3,163</td><td>1,417</td><td>296</td><td>21,349</td><td>17,811</td><td>541</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><td></td><td></td><td></td></tr><tr><td>2-1/4 June 1959-62.</td><td>3,964</td><td>1,196</td><td>46</td><td>12</td><td>173</td><td>27</td><td>843</td><td>198</td><td>28</td><td>528</td><td>915</td><td>38</td></tr><tr><td>2-1/4 Dec. 1959-62.</td><td>2,271</td><td>804</td><td>19</td><td>10</td><td>112</td><td>17</td><td>231</td><td>37</td><td>34</td><td>409</td><td>599</td><td>10</td></tr><tr><td>2-3/4 Dec. 1960-65 13/.</td><td>1,485</td><td>1,337</td><td>*</td><td>*</td><td>25</td><td>2</td><td>5</td><td>*</td><td>*</td><td>*</td><td>115</td><td>*</td></tr><tr><td>2-1/2 June 1962-67.</td><td>1,463</td><td>541</td><td>90</td><td>9</td><td>78</td><td>32</td><td>10</td><td>17</td><td>9</td><td>175</td><td>502</td><td>13</td></tr><tr><td>2-1/2 Aug. 1963-68.</td><td>4,317</td><td>2,797</td><td>42</td><td>6</td><td>193</td><td>19</td><td>109</td><td>90</td><td>15</td><td>32</td><td>1,014</td><td>18</td></tr><tr><td>2-1/2 Dec. 1963-68.</td><td>1,818</td><td>588</td><td>200</td><td>44</td><td>169</td><td>67</td><td>15</td><td>32</td><td>17</td><td>227</td><td>458</td><td>31</td></tr><tr><td>3 Feb. 1964.</td><td>3,874</td><td>2,283</td><td>54</td><td>2</td><td>66</td><td>101</td><td>52</td><td>62</td><td>7</td><td>161</td><td>1,066</td><td>22</td></tr><tr><td>2-1/2 June 1964-69.</td><td>2,636</td><td>668</td><td>414</td><td>109</td><td>142</td><td>85</td><td>14</td><td>44</td><td>35</td><td>464</td><td>661</td><td>32</td></tr><tr><td>2-1/2 Dec. 1964-69.</td><td>2,553</td><td>618</td><td>285</td><td>117</td><td>109</td><td>78</td><td>7</td><td>97</td><td>53</td><td>519</td><td>672</td><td>31</td></tr><tr><td>2-5/8 Feb. 1965.</td><td>6,896</td><td>3,683</td><td>124</td><td>39</td><td>291</td><td>139</td><td>159</td><td>101</td><td>39</td><td>805</td><td>1,516</td><td>40</td></tr><tr><td>2-1/2 Mar. 1965-70.</td><td>2,427</td><td>357</td><td>195</td><td>157</td><td>117</td><td>48</td><td>4</td><td>62</td><td>65</td><td>759</td><td>663</td><td>25</td></tr><tr><td>2-1/2 Mar. 1966-71.</td><td>1,417</td><td>133</td><td>133</td><td>122</td><td>76</td><td>38</td><td>1</td><td>68</td><td>37</td><td>380</td><td>430</td><td>22</td></tr><tr><td>3-3/4 May 1966.</td><td>3,599</td><td>2,058</td><td>135</td><td>21</td><td>90</td><td>83</td><td>21</td><td>25</td><td>4</td><td>176</td><td>985</td><td>16</td></tr><tr><td>3-3/4 Aug. 1966.</td><td>1,484</td><td>822</td><td>41</td><td>2</td><td>33</td><td>62</td><td>3</td><td>21</td><td>9</td><td>138</td><td>354</td><td>10</td></tr><tr><td>3-3/4 Nov. 1966.</td><td>2,38</td><td>1,364</td><td>51</td><td>19</td><td>89</td><td>63</td><td>19</td><td>29</td><td>23</td><td>150</td><td>631</td><td>13</td></tr><tr><td>2-1/2 June 1967-72.</td><td>1,759</td><td>242</td><td>127</td><td>82</td><td>51</td><td>73</td><td>3</td><td>110</td><td>87</td><td>182</td><td>803</td><td>20</td></tr><tr><td>3-1/2 Sept. 1967-72.</td><td>2,716</td><td>1,120</td><td>133</td><td>34</td><td>118</td><td>92</td><td>2</td><td>39</td><td>89</td><td>360</td><td>730</td><td>17</td></tr><tr><td>3-5/8 Nov. 1967.</td><td>3,604</td><td>1,303</td><td>147</td><td>44</td><td>136</td><td>146</td><td>20</td><td>79</td><td>38</td><td>718</td><td>974</td><td>17</td></tr></table>
Footnotes at end of Table 4.
(Continued on following page)
February 1962
65
TREASURY SURVEY OF OWNERSHIP, DECEMBER 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="10">Held by Investors covered in Treasury Survey</th><th rowspan="2">Memorandum: Held by 13,361 corporate pension trust funds 5/</th></tr><tr><th>6,237 commercial banks 2/ 3/</th><th>512 mutual savings banks 2/</th><th colspan="2">Insurance companies</th><th>489 savings and loan associations</th><th>488 corporations</th><th colspan="2">State and local governments</th><th>U. S. Government investment accounts and Federal Reserve Banks</th><th>Held by all other investors 4/</th></tr><tr><th></th><th></th><th></th><th></th><th>304 life</th><th>518 fire, casualty, and marine</th><th></th><th></th><th>298 general funds</th><th>188 pension and retirement funds</th><th></th><th></th><th></th></tr><tr><td>Treasury bonds - (Continued):</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>2-1/2% Dec. 1967-72</td><td>3,523</td><td>135</td><td>122</td><td>173</td><td>108</td><td>107</td><td>12</td><td>193</td><td>178</td><td>288</td><td>2,206</td><td>34</td></tr><tr><td>3-7/8 May 1968</td><td>2,440</td><td>673</td><td>149</td><td>28</td><td>83</td><td>93</td><td>1</td><td>63</td><td>57</td><td>377</td><td>917</td><td>31</td></tr><tr><td>4-7/8 Oct. 1969</td><td>1,423</td><td>163</td><td>94</td><td>26</td><td>61</td><td>31</td><td>*</td><td>15</td><td>55</td><td>203</td><td>775</td><td>29</td></tr><tr><td>3-7/8 Nov. 1974</td><td>1,176</td><td>113</td><td>85</td><td>45</td><td>50</td><td>51</td><td>5</td><td>42</td><td>84</td><td>350</td><td>351</td><td>18</td></tr><tr><td>4-1/4 May 1975-85</td><td>470</td><td>11</td><td>17</td><td>9</td><td>6</td><td>13</td><td>-</td><td>40</td><td>124</td><td>114</td><td>136</td><td>10</td></tr><tr><td>3-1/4 June 1978-83</td><td>1,595</td><td>35</td><td>54</td><td>99</td><td>34</td><td>37</td><td>1</td><td>205</td><td>403</td><td>174</td><td>554</td><td>41</td></tr><tr><td>4-1/2 Feb. 1980</td><td>884</td><td>20</td><td>28</td><td>97</td><td>26</td><td>22</td><td>*</td><td>27</td><td>210</td><td>104</td><td>348</td><td>22</td></tr><tr><td>3-1/2 Nov. 1980</td><td>1,918</td><td>94</td><td>167</td><td>432</td><td>56</td><td>26</td><td>*</td><td>92</td><td>101</td><td>676</td><td>275</td><td>18</td></tr><tr><td>3-1/4 May 1985</td><td>1,132</td><td>119</td><td>48</td><td>182</td><td>25</td><td>106</td><td>*</td><td>130</td><td>174</td><td>157</td><td>191</td><td>6</td></tr><tr><td>3-1/2 Feb. 1990</td><td>4,017</td><td>121</td><td>455</td><td>963</td><td>81</td><td>137</td><td>1</td><td>186</td><td>667</td><td>791</td><td>614</td><td>68</td></tr><tr><td>3-1/2 Feb. 1995</td><td>2,676</td><td>49</td><td>149</td><td>211</td><td>35</td><td>69</td><td>6</td><td>173</td><td>771</td><td>177</td><td>1,035</td><td>61</td></tr><tr><td>3-1/2 Nov. 1998</td><td>3,529</td><td>71</td><td>575</td><td>1,004</td><td>21</td><td>68</td><td>*</td><td>180</td><td>455</td><td>671</td><td>484</td><td>12</td></tr><tr><td>Total Treasury bonds</td><td>75,486</td><td>23,518</td><td>4,180</td><td>4,097</td><td>2,656</td><td>1,933</td><td>1,543</td><td>2,454</td><td>3,866</td><td>10,264</td><td>20,974</td><td>726</td></tr><tr><td>Guaranteed securities 9/</td><td>330</td><td>49</td><td>42</td><td>32</td><td>16</td><td>19</td><td>-</td><td>6</td><td>10</td><td>119</td><td>37</td><td>1</td></tr><tr><td>Total public marketable securities</td><td>196,294</td><td>59,122</td><td>5,910</td><td>4,716</td><td>4,352</td><td>2,779</td><td>10,547</td><td>6,536</td><td>4,372</td><td>37,484</td><td>60,477</td><td>1,804</td></tr></table>
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="8">Held by investors covered in Treasury Survey</th><th rowspan="2">Memorandum: Held by 13,361 corporate pension trust funds 2/</th></tr><tr><th>6,237 commercial banks 2/ 3/</th><th>512 mutual savings banks 2/</th><th>Insurance companies 304 life</th><th>518 fire, casualty, and marine</th><th>489 savings and loan associations</th><th>488 corporations</th><th>State and local governments 298 general funds 188 pension and retirement funds</th><th>U. S. Government investment accounts and Federal Reserve Banks</th><th>Held by all other investors 4/</th></tr><tr><td colspan="11">U. S. savings bonds:</td></tr><tr><td>Series E 6/</td><td>38,140</td><td>-</td><td>*</td><td>*</td><td>*</td><td>*</td><td>*</td><td>*</td><td>1</td><td>38,138</td><td>80</td></tr><tr><td>Series F 6/</td><td>220</td><td>29</td><td>-</td><td>*</td><td>5</td><td>2</td><td>*</td><td>2</td><td>*</td><td>179</td><td>5</td></tr><tr><td>Series G.</td><td>894</td><td>48</td><td>9</td><td>12</td><td>21</td><td>9</td><td>1</td><td>43</td><td>33</td><td>715</td><td>11</td></tr><tr><td>Series H.</td><td>6,345</td><td>-</td><td>*</td><td>*</td><td>*</td><td>1</td><td>*</td><td>*</td><td>1</td><td>6,342</td><td>*</td></tr><tr><td>Series J 6/</td><td>538</td><td>-</td><td>-</td><td>1</td><td>5</td><td>4</td><td>1</td><td>5</td><td>3</td><td>518</td><td>4</td></tr><tr><td>Series K.</td><td>1,321</td><td>2</td><td>9</td><td>4</td><td>14</td><td>29</td><td>2</td><td>27</td><td>23</td><td>1,207</td><td>11</td></tr><tr><td>Total U. S. savings bonds</td><td>47,458</td><td>79</td><td>18</td><td>17</td><td>46</td><td>45</td><td>4</td><td>78</td><td>63</td><td>47,097</td><td>111</td></tr><tr><td colspan="11">Other U. S. securities:</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><td></td><td></td></tr><tr><td>2.35% Foreign Series</td><td>450</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>450</td><td>-</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>-</td><td>46</td><td>-</td></tr><tr><td>Depository bonds</td><td>154</td><td>154 7/</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Treasury bonds:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>R. E. A. Series</td><td>23</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>23</td><td>-</td></tr><tr><td>Investment Series A</td><td>460</td><td>108</td><td>17</td><td>119</td><td>14</td><td>5</td><td>*</td><td>6</td><td>20</td><td>71</td><td>4</td></tr><tr><td>Investment Series B</td><td>4,614</td><td>79</td><td>189</td><td>870</td><td>78</td><td>38</td><td>5</td><td>171</td><td>359</td><td>914</td><td>32</td></tr><tr><td>Total other U. S. securities</td><td>5,747</td><td>340 7/</td><td>206</td><td>989</td><td>92</td><td>62</td><td>5</td><td>177</td><td>379</td><td>1,104</td><td>37</td></tr><tr><td>Total public nonmarketable securities</td><td>53,205</td><td>420 2/</td><td>224</td><td>1,007</td><td>137</td><td>108</td><td>9</td><td>255</td><td>443</td><td>2,401</td><td>148</td></tr></table>
1/ Includes certain obligations not subject to statutory debt limitation.
2/ For amount subject to limitation, see page 1.
3/ Excludes trust departments.
4/ Includes trust companies and, beginning with figures for July 1949, also includes stock savings banks. Previously, those banks were reported as a separate classification.
5/ Included with all other investors are those banks, insurance companies, savings and loan associations, corporations and State and local government funds not reporting in the Treasury Survey.
6/ Consists of corporate pension trust funds and profit sharing plans which involve retirement benefits. The data are compiled from quarterly reports by trustees of funds which account for approximately 90 percent of United States Government securities held by all corporate pension trust funds. Since the data are not available each month, the regular monthly Survey includes holdings by these funds under "Held by all other investors." The quarterly data are presented as supplemental information in a memorandum column accompanying the Survey for each reporting date, beginning with December 31, 1953. The corresponding information from earlier reports, beginning with December 31, 1949, is summarized on page 30 of the March 1954 Treasury Bulletin.
7/ 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.
7/ Includes $75 million depositary bonds held by commercial banks not included in the Treasury Survey.
8/ Holdings by reporting investors not available.
9/ Guaranteed securities are those held outside the Treasury.
10/ Except partially tax-exempt bonds, which are classified to earliest call date.
11/ 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.
12/ Includes guaranteed securities which are classified as taxable although a small indeterminate amount of the Federal Housing Administration debentures is partially tax-exempt.
13/ The Treasury bonds of 1960-65 are partially tax-exempt (see footnote 11).
14/ Includes only publicly offered issues.
15/ The proprietary interest of the United States in these banks ended in July 1951.
16/ The proprietary interest of the United States in these banks ended in June 1947.
* Less than $500,000.
66
Treasury Bulletin
TREASURY SURVEY OF OWNERSHIP, DECEMBER 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 14/</th><th>6,237 commercial banks 2/ 3/</th><th>512 mutual savings banks 2/</th><th>Insurance companies 304 life</th><th>518 fire, casualty, and marine</th><th>489 savings and loan associations</th><th>488 corpo-rations</th><th>State and local governments 298 general funds</th><th>188 pension and retirement funds</th><th>U. S. Government investment accounts and Federal Reserve Banks</th><th>Held by all other investors 4/</th><th>Memorandum: Held by 13,361 corporate pension trust funds 5/</th></tr><tr><td>Banks for cooperatives:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>2.95% Feb. 1962 (Debentures).</td><td>134</td><td>37</td><td>3</td><td>5</td><td>1</td><td>1</td><td>30</td><td>2</td><td>-</td><td>9</td><td>47</td><td>*</td></tr><tr><td>3.15 Apr. 1962 (Debentures).</td><td>172</td><td>43</td><td>6</td><td>1</td><td>2</td><td>1</td><td>57</td><td>2</td><td>-</td><td>-</td><td>61</td><td>1</td></tr><tr><td>3.05 June 1962 (Debentures).</td><td>128</td><td>37</td><td>5</td><td>1</td><td>3</td><td>*</td><td>30</td><td>1</td><td>-</td><td>-</td><td>50</td><td>1</td></tr><tr><td>Total banks for cooperatives securities.</td><td>434</td><td>117</td><td>14</td><td>7</td><td>6</td><td>2</td><td>116</td><td>5</td><td>-</td><td>9</td><td>158</td><td>2</td></tr><tr><td>Federal home loan banks: 15/</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>3.10% Jan. 1962 (Notes).</td><td>148</td><td>38</td><td>10</td><td>2</td><td>1</td><td>7</td><td>19</td><td>5</td><td>*</td><td>-</td><td>66</td><td>1</td></tr><tr><td>3 Feb. 1962 (Notes).</td><td>238</td><td>45</td><td>8</td><td>7</td><td>5</td><td>9</td><td>64</td><td>1</td><td>*</td><td>7</td><td>91</td><td>1</td></tr><tr><td>3 Mar. 1962 (Notes).</td><td>100</td><td>25</td><td>6</td><td>*</td><td>*</td><td>4</td><td>22</td><td>3</td><td>*</td><td>-</td><td>38</td><td>*</td></tr><tr><td>3.15 Apr. 1962 (Notes).</td><td>381</td><td>133</td><td>14</td><td>1</td><td>1</td><td>15</td><td>79</td><td>8</td><td>-</td><td>-</td><td>129</td><td>1</td></tr><tr><td>3.05 May 1962 (Notes).</td><td>218</td><td>57</td><td>8</td><td>1</td><td>4</td><td>13</td><td>53</td><td>5</td><td>1</td><td>-</td><td>77</td><td>2</td></tr><tr><td>3 June 1962 (Notes).</td><td>239</td><td>68</td><td>9</td><td>4</td><td>*</td><td>8</td><td>85</td><td>6</td><td>-</td><td>-</td><td>59</td><td>*</td></tr><tr><td>3-1/8 Apr. 1963 (Bonds).</td><td>247</td><td>79</td><td>6</td><td>1</td><td>5</td><td>65</td><td>2</td><td>8</td><td>*</td><td>-</td><td>81</td><td>1</td></tr><tr><td>Total Federal home loan bank securities.</td><td>1,571</td><td>446</td><td>60</td><td>16</td><td>17</td><td>122</td><td>325</td><td>36</td><td>1</td><td>7</td><td>540</td><td>6</td></tr><tr><td>Federal intermediate credit banks:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Debentures.</td><td>1,585</td><td>356</td><td>82</td><td>14</td><td>19</td><td>6</td><td>302</td><td>47</td><td>1</td><td>15</td><td>744</td><td>12</td></tr><tr><td>Federal land banks: 16/</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>3-3/8% Feb. 1962 (Bonds).</td><td>91</td><td>30</td><td>6</td><td>-</td><td>1</td><td>1</td><td>4</td><td>3</td><td>2</td><td>-</td><td>44</td><td>1</td></tr><tr><td>4 May 1962 (Bonds).</td><td>125</td><td>17</td><td>3</td><td>1</td><td>1</td><td>1</td><td>17</td><td>4</td><td>3</td><td>-</td><td>79</td><td>4</td></tr><tr><td>4-7/8 Aug. 1962 (Bonds).</td><td>98</td><td>11</td><td>5</td><td>*</td><td>4</td><td>*</td><td>1</td><td>6</td><td>1</td><td>-</td><td>69</td><td>4</td></tr><tr><td>3-1/4 Oct. 1962 (Bonds).</td><td>104</td><td>31</td><td>8</td><td>1</td><td>2</td><td>1</td><td>2</td><td>5</td><td>*</td><td>-</td><td>55</td><td>3</td></tr><tr><td>3-5/8 Feb. 1963 (Bonds).</td><td>115</td><td>29</td><td>8</td><td>-</td><td>2</td><td>1</td><td>3</td><td>8</td><td>*</td><td>-</td><td>64</td><td>1</td></tr><tr><td>2-3/4 May 1963 (Bonds).</td><td>122</td><td>64</td><td>4</td><td>1</td><td>1</td><td>*</td><td>1</td><td>3</td><td>*</td><td>-</td><td>48</td><td>2</td></tr><tr><td>4-1/2 Apr. 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>2</td><td>1</td><td>-</td><td>100</td><td>6</td></tr><tr><td>4 Oct. 1964 (Bonds).</td><td>90</td><td>30</td><td>11</td><td>-</td><td>1</td><td>*</td><td>-</td><td>4</td><td>*</td><td>-</td><td>44</td><td>2</td></tr><tr><td>4 Dec. 1965 (Bonds).</td><td>160</td><td>44</td><td>15</td><td>*</td><td>4</td><td>2</td><td>2</td><td>2</td><td>*</td><td>-</td><td>91</td><td>3</td></tr><tr><td>3-5/8 Feb. 1966 (Bonds).</td><td>150</td><td>26</td><td>34</td><td>3</td><td>6</td><td>1</td><td>*</td><td>5</td><td>1</td><td>-</td><td>73</td><td>4</td></tr><tr><td>3-1/4 May 1966 (Bonds).</td><td>108</td><td>39</td><td>6</td><td>1</td><td>5</td><td>1</td><td>-</td><td>*</td><td>*</td><td>-</td><td>74</td><td>5</td></tr><tr><td>4-1/4 July 1966 (Bonds).</td><td>193</td><td>48</td><td>20</td><td>1</td><td>7</td><td>-</td><td>13</td><td>1</td><td>1</td><td>-</td><td>54</td><td>3</td></tr><tr><td>4-1/8 Feb. 1967-72 (Bonds).</td><td>72</td><td>1</td><td>2</td><td>5</td><td>*</td><td>*</td><td>*</td><td>*</td><td>5</td><td>-</td><td>99</td><td>3</td></tr><tr><td>4-1/2 Oct. 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>7</td><td>-</td><td>57</td><td>10</td></tr><tr><td>4-1/4 Mar. 1968 (Bonds).</td><td>86</td><td>4</td><td>4</td><td>1</td><td>1</td><td>*</td><td>*</td><td>1</td><td>1</td><td>-</td><td>57</td><td>8</td></tr><tr><td>4-3/8 Mar. 1969 (Bonds).</td><td>100</td><td>6</td><td>6</td><td>1</td><td>2</td><td>*</td><td>-</td><td>1</td><td>5</td><td>-</td><td>73</td><td>9</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>1</td><td>5</td><td>-</td><td>79</td><td>9</td></tr><tr><td>5-1/8 Feb. 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>12</td><td>-</td><td>48</td><td>6</td></tr><tr><td>3-1/2 Apr. 1970 (Bonds).</td><td>83</td><td>10</td><td>9</td><td>*</td><td>1</td><td>2</td><td>-</td><td>*</td><td>7</td><td>-</td><td>58</td><td>12</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>8</td><td>-</td><td>54</td><td>5</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>12</td><td>-</td><td>69</td><td>20</td></tr><tr><td>3-7/8 Sept. 1972 (Bonds).</td><td>109</td><td>1</td><td>2</td><td>6</td><td>3</td><td>1</td><td>-</td><td>*</td><td>8</td><td>-</td><td>40</td><td>8</td></tr><tr><td>Total Federal land bank securities.</td><td>2,431</td><td>446</td><td>185</td><td>34</td><td>59</td><td>12</td><td>46</td><td>52</td><td>81</td><td>-</td><td>1,517</td><td>143</td></tr><tr><td>Federal National Mortgage Association:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Discount notes.</td><td>288</td><td>7</td><td>2</td><td>1</td><td>1</td><td>4</td><td>123</td><td>49</td><td>6</td><td>3</td><td>91</td><td>*</td></tr><tr><td>3-1/2% Feb. 1962 (Debentures).</td><td>200</td><td>48</td><td>12</td><td>2</td><td>6</td><td>14</td><td>11</td><td>6</td><td>*</td><td>*</td><td>101</td><td>6</td></tr><tr><td>4-7/8 Sept. 1962 (Debentures).</td><td>150</td><td>12</td><td>15</td><td>*</td><td>6</td><td>9</td><td>6</td><td>13</td><td>*</td><td>-</td><td>89</td><td>4</td></tr><tr><td>3-1/4 Mar. 1963 (Debentures).</td><td>150</td><td>41</td><td>7</td><td>*</td><td>4</td><td>15</td><td>7</td><td>6</td><td>*</td><td>-</td><td>70</td><td>3</td></tr><tr><td>4-1/8 Nov. 1963 (Debentures).</td><td>100</td><td>15</td><td>6</td><td>*</td><td>8</td><td>7</td><td>-</td><td>5</td><td>*</td><td>-</td><td>58</td><td>3</td></tr><tr><td>3-5/8 May 1964 (Debentures).</td><td>100</td><td>31</td><td>5</td><td>1</td><td>1</td><td>17</td><td>-</td><td>7</td><td>-</td><td>-</td><td>37</td><td>1</td></tr><tr><td>4 Sept. 1964 (Debentures).</td><td>150</td><td>34</td><td>10</td><td>*</td><td>2</td><td>9</td><td>15</td><td>5</td><td>*</td><td>-</td><td>75</td><td>1</td></tr><tr><td>3-7/8 Dec. 1964 (Debentures).</td><td>125</td><td>34</td><td>6</td><td>2</td><td>2</td><td>11</td><td>6</td><td>*</td><td>-</td><td>-</td><td>64</td><td>1</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>11</td><td>*</td><td>*</td><td>2</td><td>-</td><td>61</td><td>5</td></tr><tr><td>4-1/8 Dec. 1966 (Debentures).</td><td>100</td><td>19</td><td>7</td><td>*</td><td>2</td><td>14</td><td>*</td><td>*</td><td>-</td><td>-</td><td>54</td><td>3</td></tr><tr><td>4-5/8 Mar. 1968 (Debentures).</td><td>100</td><td>14</td><td>6</td><td>1</td><td>4</td><td>23</td><td>*</td><td>*</td><td>*</td><td>-</td><td>51</td><td>5</td></tr><tr><td>4-3/8 Apr. 1970 (Debentures).</td><td>90</td><td>4</td><td>5</td><td>2</td><td>7</td><td>2</td><td>*</td><td>*</td><td>3</td><td>-</td><td>67</td><td>14</td></tr><tr><td>4-5/8 Apr. 1970 (Debentures).</td><td>150</td><td>4</td><td>17</td><td>4</td><td>10</td><td>1</td><td>2</td><td>1</td><td>12</td><td>-</td><td>99</td><td>20</td></tr><tr><td>4-1/8 Sept. 1970 (Debentures).</td><td>125</td><td>9</td><td>9</td><td>1</td><td>11</td><td>7</td><td>1</td><td>*</td><td>2</td><td>-</td><td>85</td><td>6</td></tr><tr><td>4-1/8 Aug. 1971 (Debentures).</td><td>75</td><td>6</td><td>8</td><td>1</td><td>11</td><td>3</td><td>-</td><td>*</td><td>4</td><td>-</td><td>41</td><td>5</td></tr><tr><td>4-1/2 Sept. 1971 (Debentures).</td><td>100</td><td>2</td><td>6</td><td>3</td><td>5</td><td>*</td><td>-</td><td>2</td><td>7</td><td>-</td><td>74</td><td>13</td></tr><tr><td>5-1/8 Feb. 1972 (Debentures).</td><td>100</td><td>2</td><td>8</td><td>3</td><td>3</td><td>-</td><td>-</td><td>*</td><td>9</td><td>-</td><td>75</td><td>13</td></tr><tr><td>4-3/8 June 1972 (Debentures).</td><td>100</td><td>4</td><td>9</td><td>1</td><td>9</td><td>5</td><td>1</td><td>-</td><td>8</td><td>-</td><td>63</td><td>12</td></tr><tr><td>4-1/4 June 1973 (Debentures).</td><td>150</td><td>8</td><td>25</td><td>1</td><td>4</td><td>11</td><td>1</td><td>2</td><td>5</td><td>-</td><td>93</td><td>9</td></tr><tr><td>Total Federal National Mortgage Association securities.</td><td>2,453</td><td>307</td><td>172</td><td>24</td><td>100</td><td>165</td><td>175</td><td>97</td><td>59</td><td>4</td><td>1,350</td><td>126</td></tr><tr><td>Tennessee Valley Authority:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>4.40% Nov. 1985 (Bonds).</td><td>50</td><td>*</td><td>1</td><td>5</td><td>9</td><td>*</td><td>-</td><td>1</td><td>17</td><td>-</td><td>17</td><td>1</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>16</td><td>-</td><td>26</td><td>3</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>1</td><td>33</td><td>-</td><td>44</td><td>4</td></tr></table>
Footnotes on preceding page.
February 1962
67
TREASURY SURVEY OF OWNERSHIP, DECEMBER 31, 1961
For over a year the Treasury has been receiving reports from State and local governments on their holdings of United States Government securities. These reports cover approximately three-fourths of the securities held by pension and retirement funds and over half of those held by the general funds of State and local governmental
units in the United States. Beginning with this issue of the Treasury Bulletin, data for this investor group are published as part of the regular monthly Treasury Survey of Ownership. In the following tables, data received for the months December 1960 through November 1961 are summarized by type of security and by maturity distribution.
Table 1.- Summary of Interest-Bearing Securities Issued or Guaranteed by the United States Government, Held by State and Local Government General Purpose Funds Covered in the Treasury Survey
(Par values - in millions of dollars)
<table><tr><th>Classification</th><th>Dec. 31, 1960</th><th>Jan. 31, 1961</th><th>Feb. 28, 1961</th><th>Mar. 31, 1961</th><th>Apr. 30, 1961</th><th>May 31, 1961</th><th>June 30, 1961</th><th>July 31, 1961</th><th>Aug. 31, 1961</th><th>Sept. 30, 1961</th><th>Oct. 31, 1961</th><th>Nov. 30, 1961</th></tr><tr><td>Number of State and local government funds covered</td><td>307</td><td>307</td><td>307</td><td>307</td><td>307</td><td>307</td><td>307</td><td>307</td><td>307</td><td>307</td><td>307</td><td>307</td></tr><tr><td colspan="13">Public interest-bearing securities by type of security:</td></tr><tr><td>Public marketable:</td><td></td><td></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 bills:</td><td></td><td></td><td></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>1,913</td><td>1,847</td><td>2,074</td><td>2,131</td><td>2,295</td><td>2,290</td><td>2,119</td><td>2,253</td><td>2,272</td><td>2,138</td><td>1,870</td><td>1,810</td></tr><tr><td>Tax anticipation</td><td>227</td><td>207</td><td>212</td><td>91</td><td>124</td><td>134</td><td>38</td><td>56</td><td>71</td><td>85</td><td>106</td><td>116</td></tr><tr><td>Other</td><td>383</td><td>330</td><td>406</td><td>557</td><td>328</td><td>347</td><td>366</td><td>334</td><td>358</td><td>382</td><td>422</td><td>401</td></tr><tr><td>Total Treasury bills</td><td>2,523</td><td>2,384</td><td>2,693</td><td>2,839</td><td>2,747</td><td>2,771</td><td>2,522</td><td>2,643</td><td>2,701</td><td>2,604</td><td>2,398</td><td>2,326</td></tr><tr><td>Certificates of indebtedness</td><td>808</td><td>871</td><td>529</td><td>584</td><td>596</td><td>485</td><td>473</td><td>406</td><td>156</td><td>157</td><td>162</td><td>159</td></tr><tr><td>Treasury notes</td><td>960</td><td>931</td><td>1,117</td><td>1,197</td><td>1,183</td><td>1,181</td><td>1,169</td><td>1,149</td><td>1,326</td><td>1,371</td><td>1,376</td><td>1,439</td></tr><tr><td>Treasury bonds</td><td>2,483</td><td>2,479</td><td>2,484</td><td>2,789</td><td>2,548</td><td>2,574</td><td>2,584</td><td>2,587</td><td>2,619</td><td>2,622</td><td>2,677</td><td>2,480</td></tr><tr><td>Guaranteed securities</td><td>*</td><td>*</td><td>*</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>Total public marketable</td><td>6,773</td><td>6,665</td><td>6,824</td><td>7,415</td><td>7,080</td><td>7,018</td><td>6,754</td><td>6,791</td><td>6,809</td><td>6,760</td><td>6,620</td><td>6,405</td></tr><tr><td>Public nonmarketable:</td><td></td><td></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 States savings bonds</td><td>86</td><td>88</td><td>89</td><td>121</td><td>91</td><td>88</td><td>89</td><td>87</td><td>86</td><td>86</td><td>86</td><td>86</td></tr><tr><td>Treasury bonds, investment series</td><td>270</td><td>264</td><td>263</td><td>269</td><td>255</td><td>255</td><td>255</td><td>253</td><td>247</td><td>229</td><td>222</td><td>216</td></tr><tr><td>Total public nonmarketable</td><td>356</td><td>353</td><td>352</td><td>390</td><td>346</td><td>344</td><td>344</td><td>339</td><td>333</td><td>315</td><td>307</td><td>302</td></tr><tr><td>Total public interest-bearing securities</td><td>7,129</td><td>7,018</td><td>7,176</td><td>7,805</td><td>7,426</td><td>7,361</td><td>7,098</td><td>7,130</td><td>7,142</td><td>7,075</td><td>6,927</td><td>6,706</td></tr><tr><td colspan="13">Public marketable interest-bearing securities by maturity distribution:</td></tr><tr><td>Call classes (due or first becoming callable):</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Within 1 year</td><td>4,010</td><td>3,935</td><td>4,127</td><td>4,359</td><td>4,245</td><td>4,105</td><td>3,848</td><td>3,871</td><td>3,841</td><td>3,777</td><td>3,569</td><td>3,555</td></tr><tr><td>1 to 5 years</td><td>1,420</td><td>1,369</td><td>1,311</td><td>1,577</td><td>1,470</td><td>1,545</td><td>1,522</td><td>1,535</td><td>1,571</td><td>1,477</td><td>1,477</td><td>1,270</td></tr><tr><td>5 to 10 years</td><td>532</td><td>531</td><td>533</td><td>550</td><td>491</td><td>506</td><td>515</td><td>519</td><td>527</td><td>529</td><td>531</td><td>526</td></tr><tr><td>10 to 15 years</td><td>49</td><td>57</td><td>59</td><td>62</td><td>62</td><td>67</td><td>68</td><td>68</td><td>69</td><td>76</td><td>76</td><td>79</td></tr><tr><td>15 to 20 years</td><td>228</td><td>237</td><td>256</td><td>270</td><td>257</td><td>254</td><td>256</td><td>256</td><td>253</td><td>295</td><td>310</td><td>298</td></tr><tr><td>20 years and over</td><td>533</td><td>536</td><td>536</td><td>592</td><td>549</td><td>534</td><td>539</td><td>537</td><td>543</td><td>600</td><td>651</td><td>670</td></tr><tr><td>Guaranteed securities</td><td>*</td><td>*</td><td>*</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>Total public marketable</td><td>6,773</td><td>6,665</td><td>6,824</td><td>7,415</td><td>7,080</td><td>7,018</td><td>6,754</td><td>6,791</td><td>6,809</td><td>6,760</td><td>6,620</td><td>6,405</td></tr><tr><td colspan="13">Maturity classes (final maturity 1/):</td></tr><tr><td>Within one year</td><td>3,745</td><td>3,667</td><td>3,872</td><td>4,137</td><td>4,050</td><td>3,921</td><td>3,795</td><td>3,816</td><td>3,785</td><td>3,717</td><td>3,514</td><td>3,500</td></tr><tr><td>1 to 5 years</td><td>1,336</td><td>1,272</td><td>1,214</td><td>1,258</td><td>1,175</td><td>1,231</td><td>1,076</td><td>1,093</td><td>1,130</td><td>1,152</td><td>1,173</td><td>988</td></tr><tr><td>5 to 10 years</td><td>410</td><td>412</td><td>415</td><td>687</td><td>635</td><td>656</td><td>658</td><td>660</td><td>668</td><td>558</td><td>533</td><td>487</td></tr><tr><td>10 to 15 years</td><td>498</td><td>514</td><td>502</td><td>438</td><td>377</td><td>383</td><td>391</td><td>391</td><td>390</td><td>390</td><td>392</td><td>412</td></tr><tr><td>15 to 20 years</td><td>53</td><td>53</td><td>57</td><td>62</td><td>58</td><td>57</td><td>57</td><td>57</td><td>54</td><td>94</td><td>109</td><td>119</td></tr><tr><td>20 years and over</td><td>731</td><td>746</td><td>764</td><td>828</td><td>779</td><td>764</td><td>771</td><td>770</td><td>777</td><td>843</td><td>894</td><td>891</td></tr><tr><td>Guaranteed securities</td><td>*</td><td>*</td><td>*</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>Total public marketable</td><td>6,773</td><td>6,665</td><td>6,824</td><td>7,415</td><td>7,080</td><td>7,018</td><td>6,754</td><td>6,791</td><td>6,809</td><td>6,760</td><td>6,620</td><td>6,405</td></tr></table>
1/ Except partially tax exempt bonds which are classified to earliest call date.
Table 2.- Summary of Interest-Bearing Securities Issued by Federal Agencies But Not Guaranteed by the United States Government, Held by State and Local Government General Purpose Funds Covered in the Treasury Survey
(Far values - in millions of dollars)
<table><tr><th>Issuing agency</th><th>Dec. 31, 1960</th><th>Jan. 31, 1961</th><th>Feb. 28, 1961</th><th>Mar. 31, 1961</th><th>Apr. 30, 1961</th><th>May 31, 1961</th><th>June 30, 1961</th><th>July 31, 1961</th><th>Aug. 31, 1961</th><th>Sept. 30, 1961</th><th>Oct. 31, 1961</th><th>Nov. 30, 1961</th></tr><tr><td>Number of State and local government funds covered.</td><td>307</td><td>307</td><td>307</td><td>307</td><td>307</td><td>307</td><td>307</td><td>307</td><td>307</td><td>307</td><td>307</td><td>307</td></tr><tr><td>Banks for cooperatives.</td><td>8</td><td>8</td><td>14</td><td>18</td><td>15</td><td>15</td><td>15</td><td>18</td><td>13</td><td>13</td><td>13</td><td>13</td></tr><tr><td>Federal home loan banks.</td><td>24</td><td>19</td><td>12</td><td>23</td><td>31</td><td>27</td><td>29</td><td>30</td><td>18</td><td>27</td><td>32</td><td>35</td></tr><tr><td>Federal intermediate credit banks.</td><td>57</td><td>45</td><td>46</td><td>54</td><td>59</td><td>61</td><td>59</td><td>58</td><td>52</td><td>52</td><td>51</td><td>47</td></tr><tr><td>Federal land banks.</td><td>43</td><td>39</td><td>39</td><td>51</td><td>50</td><td>51</td><td>50</td><td>47</td><td>51</td><td>51</td><td>52</td><td>52</td></tr><tr><td>Federal National Mortgage Association.</td><td>93</td><td>111</td><td>105</td><td>110</td><td>96</td><td>86</td><td>75</td><td>76</td><td>75</td><td>91</td><td>91</td><td>92</td></tr><tr><td>Tennessee Valley Authority.</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>Total nonguaranteed interest-bearing securities.</td><td>225</td><td>222</td><td>217</td><td>257</td><td>252</td><td>241</td><td>228</td><td>230</td><td>210</td><td>235</td><td>240</td><td>240</td></tr></table>
68
Treasury Bulletin
TREASURY SURVEY OF OWNERSHIP, DECEMBER 31, 1961
Table 3.- Summary of Interest-Bearing Securities Issued or Guaranteed by the United States Government, Held by State and Local Government Pension and Retirement Funds Covered in the Treasury Survey
(Far values - in millions of dollars)
<table><tr><th>Classification</th><th>Dec. 31, 1966</th><th>Jan. 31, 1961</th><th>Feb. 28, 1961</th><th>Mar. 31, 1961</th><th>Apr. 30, 1961</th><th>May 31, 1961</th><th>June 30, 1961</th><th>July 31, 1961</th><th>Aug. 31, 1961</th><th>Sept. 30, 1961</th><th>Oct. 31, 1961</th><th>Nov. 30, 1961</th></tr><tr><td>Number of State and local government funds covered</td><td>189</td><td>189</td><td>189</td><td>189</td><td>189</td><td>189</td><td>189</td><td>189</td><td>189</td><td>189</td><td>189</td><td>189</td></tr><tr><td colspan="13">Public interest-bearing securities by type of security:</td></tr><tr><td>Public marketable:</td><td></td><td></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 bills:</td><td></td><td></td><td></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>90</td><td>143</td><td>129</td><td>102</td><td>97</td><td>125</td><td>253</td><td>276</td><td>227</td><td>165</td><td>197</td><td>199</td></tr><tr><td>Tax anticipation</td><td>15</td><td>15</td><td>17</td><td>2</td><td>2</td><td>5</td><td>-</td><td>1</td><td>1</td><td>1</td><td>8</td><td>16</td></tr><tr><td>Other</td><td>15</td><td>14</td><td>14</td><td>8</td><td>6</td><td>6</td><td>22</td><td>17</td><td>35</td><td>42</td><td>28</td><td>27</td></tr><tr><td>Total Treasury bills</td><td>120</td><td>171</td><td>159</td><td>112</td><td>105</td><td>136</td><td>275</td><td>293</td><td>262</td><td>208</td><td>232</td><td>241</td></tr><tr><td>Certificates of indebtedness</td><td>32</td><td>18</td><td>32</td><td>26</td><td>25</td><td>13</td><td>14</td><td>10</td><td>8</td><td>8</td><td>8</td><td>8</td></tr><tr><td>Treasury notes</td><td>278</td><td>297</td><td>289</td><td>338</td><td>304</td><td>300</td><td>298</td><td>297</td><td>297</td><td>297</td><td>332</td><td>312</td></tr><tr><td>Treasury bonds</td><td>1,774</td><td>3,772</td><td>3,784</td><td>4,163</td><td>3,820</td><td>3,794</td><td>3,744</td><td>3,740</td><td>3,759</td><td>3,791</td><td>3,809</td><td>3,825</td></tr><tr><td>Guaranteed securities</td><td>1</td><td>8</td><td>8</td><td>7</td><td>7</td><td>11</td><td>11</td><td>10</td><td>10</td><td>10</td><td>9</td><td>9</td></tr><tr><td>Total public marketable</td><td>4,193</td><td>4,267</td><td>4,270</td><td>4,647</td><td>4,261</td><td>4,254</td><td>4,342</td><td>4,351</td><td>4,336</td><td>4,313</td><td>4,389</td><td>4,396</td></tr><tr><td>Public nonmarketable:</td><td></td><td></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 States savings bonds</td><td>78</td><td>77</td><td>77</td><td>90</td><td>78</td><td>75</td><td>75</td><td>75</td><td>75</td><td>74</td><td>75</td><td>71</td></tr><tr><td>Treasury bonds, investment series</td><td>622</td><td>620</td><td>620</td><td>669</td><td>660</td><td>632</td><td>605</td><td>591</td><td>589</td><td>541</td><td>452</td><td>431</td></tr><tr><td>Total public nonmarketable</td><td>700</td><td>697</td><td>697</td><td>759</td><td>739</td><td>708</td><td>680</td><td>666</td><td>664</td><td>615</td><td>526</td><td>502</td></tr><tr><td>Total public interest-bearing securities</td><td>4,893</td><td>4,964</td><td>4,967</td><td>5,406</td><td>5,000</td><td>4,962</td><td>5,022</td><td>5,017</td><td>4,999</td><td>4,929</td><td>4,915</td><td>4,897</td></tr><tr><td colspan="13">Public marketable interest-bearing securities by maturity distribution:</td></tr><tr><td>Call classes (due or first becoming callable):</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Within 1 year</td><td>278</td><td>337</td><td>331</td><td>265</td><td>243</td><td>266</td><td>412</td><td>427</td><td>390</td><td>329</td><td>349</td><td>346</td></tr><tr><td>1 to 5 years</td><td>677</td><td>689</td><td>684</td><td>916</td><td>803</td><td>786</td><td>767</td><td>766</td><td>777</td><td>609</td><td>595</td><td>589</td></tr><tr><td>5 to 10 years</td><td>633</td><td>635</td><td>634</td><td>598</td><td>556</td><td>553</td><td>540</td><td>535</td><td>538</td><td>541</td><td>530</td><td>506</td></tr><tr><td>10 to 15 years</td><td>183</td><td>187</td><td>189</td><td>235</td><td>205</td><td>200</td><td>202</td><td>201</td><td>201</td><td>196</td><td>194</td><td>203</td></tr><tr><td>15 to 20 years</td><td>636</td><td>637</td><td>639</td><td>691</td><td>654</td><td>648</td><td>637</td><td>638</td><td>637</td><td>696</td><td>706</td><td>716</td></tr><tr><td>20 years and over</td><td>1,778</td><td>1,774</td><td>1,785</td><td>1,935</td><td>1,792</td><td>1,790</td><td>1,772</td><td>1,774</td><td>1,783</td><td>1,933</td><td>2,007</td><td>2,027</td></tr><tr><td>Guaranteed securities</td><td>9</td><td>8</td><td>8</td><td>7</td><td>7</td><td>11</td><td>11</td><td>10</td><td>10</td><td>10</td><td>9</td><td>9</td></tr><tr><td>Total public marketable</td><td>4,193</td><td>4,267</td><td>4,270</td><td>4,647</td><td>4,261</td><td>4,254</td><td>4,342</td><td>4,351</td><td>4,336</td><td>4,313</td><td>4,389</td><td>4,396</td></tr><tr><td colspan="13">Maturity classes (final maturity 1/):</td></tr><tr><td>Within 1 year</td><td>188</td><td>246</td><td>241</td><td>192</td><td>177</td><td>202</td><td>367</td><td>382</td><td>344</td><td>283</td><td>307</td><td>303</td></tr><tr><td>1 to 5 years</td><td>449</td><td>454</td><td>451</td><td>470</td><td>442</td><td>436</td><td>406</td><td>407</td><td>414</td><td>380</td><td>413</td><td>418</td></tr><tr><td>5 to 10 years</td><td>418</td><td>429</td><td>428</td><td>484</td><td>481</td><td>475</td><td>469</td><td>506</td><td>572</td><td>440</td><td>391</td><td>391</td></tr><tr><td>10 to 15 years</td><td>603</td><td>603</td><td>601</td><td>616</td><td>465</td><td>464</td><td>450</td><td>446</td><td>446</td><td>449</td><td>436</td><td>441</td></tr><tr><td>15 to 20 years</td><td>228</td><td>229</td><td>230</td><td>260</td><td>232</td><td>231</td><td>233</td><td>233</td><td>234</td><td>294</td><td>303</td><td>313</td></tr><tr><td>20 years and over</td><td>2,298</td><td>2,299</td><td>2,312</td><td>2,519</td><td>2,349</td><td>2,337</td><td>2,300</td><td>2,308</td><td>2,316</td><td>2,459</td><td>2,530</td><td>2,553</td></tr><tr><td>Guaranteed securities</td><td>9</td><td>8</td><td>8</td><td>7</td><td>7</td><td>11</td><td>11</td><td>10</td><td>10</td><td>10</td><td>9</td><td>9</td></tr><tr><td>Total public marketable</td><td>4,193</td><td>4,267</td><td>4,270</td><td>4,647</td><td>4,261</td><td>4,254</td><td>4,342</td><td>4,351</td><td>4,336</td><td>4,313</td><td>4,389</td><td>4,396</td></tr></table>
Except partially tax exempt bonds which are classified to earliest call date.
Table 4.- Summary of Interest-Bearing Securities Issued by Federal Agencies But Not Guaranteed by the United States Government, Held by State and Local Government Pension and Retirement Funds Covered in the Treasury Survey
(Par values - in millions of dollars)
<table><tr><th>Issuing agen.</th><th>Dec. 31, 1960</th><th>Jan. 31, 1961</th><th>Feb. 28, 1961</th><th>Mar. 31, 1961</th><th>Apr. 30, 1961</th><th>May 31, 1961</th><th>June 30, 1961</th><th>July 31, 1961</th><th>Aug. 31, 1961</th><th>Sept. 30, 1961</th><th>Oct. 31, 1961</th><th>Nov. 30, 1961</th></tr><tr><td>Number of State and local government funds covered</td><td>189</td><td>189</td><td>189</td><td>189</td><td>189</td><td>189</td><td>189</td><td>189</td><td>189</td><td>189</td><td>189</td><td>189</td></tr><tr><td>Banks for cooperatives</td><td>-</td><td>-</td><td>1</td><td>1</td><td>-</td><td>-</td><td>4</td><td>3</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Federal home loan banks</td><td>1</td><td>1</td><td>1</td><td>3</td><td>3</td><td>3</td><td>3</td><td>3</td><td>3</td><td>1</td><td>1</td><td>1</td></tr><tr><td>Federal intermediate credit banks</td><td>1</td><td>*</td><td>*</td><td>*</td><td>*</td><td>*</td><td>*</td><td>2</td><td>1</td><td>*</td><td>*</td><td>1</td></tr><tr><td>Federal land banks</td><td>73</td><td>79</td><td>79</td><td>76</td><td>76</td><td>76</td><td>73</td><td>76</td><td>80</td><td>82</td><td>82</td><td>81</td></tr><tr><td>Federal National Mortgage Association</td><td>43</td><td>43</td><td>47</td><td>47</td><td>44</td><td>42</td><td>41</td><td>45</td><td>48</td><td>51</td><td>53</td><td>53</td></tr><tr><td>Tennessee Valley Authority</td><td>3</td><td>13</td><td>15</td><td>16</td><td>16</td><td>16</td><td>16</td><td>18</td><td>24</td><td>33</td><td>33</td><td>33</td></tr><tr><td>Total nonguaranteed interest-bearing securities</td><td>120</td><td>137</td><td>143</td><td>144</td><td>140</td><td>137</td><td>138</td><td>157</td><td>165</td><td>167</td><td>170</td><td>169</td></tr></table>
February 1962
69
TREASURY SURVEY - COMMERCIAL BANK OWNERSHIP, DECEMBER 31, 1961
The tables which follow provide an analysis of the security holdings of commercial banks reporting in the Treasury survey of ownership of securities issued by the United States Government and by Federal agencies. The figures show the total holdings distributed according to Federal Reserve member-bank classes and nonmember banks.
This analysis of commercial bank ownership was first published in the May 1944 issue of the "Treasury Bulletin," based on the survey data for December 31, 1943. It has appeared at semiannual or quarterly intervals since that time, and is now being published for the June 30 and December 31 survey data.
Section I - Interest-Bearing Securities Issued or Guaranteed by the United States Government Table 1.- Summary of All Securities
(Par values - in millions of dollars)
<table><tr><th rowspan="2">Classification</th><th rowspan="2">Held by 6,237 commercial banks 1/</th><th colspan="6">Federal Reserve member banks</th><th rowspan="2">2,240 nonmember banks</th></tr><tr><th>3,997 member banks</th><th colspan="3">23 Central reserve city</th><th>203 reserve city</th><th>3,771 country</th></tr><tr><th></th><th></th><th></th><th>Total New York City and Chicago</th><th>14 New York City</th><th>9 Chicago</th><th></th><th></th><th></th></tr><tr><td>Public securities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Marketable.................</td><td>59,122</td><td>51,572</td><td>10,151</td><td>8,059</td><td>2,092</td><td>19,853</td><td>21,568</td><td>7,550</td></tr><tr><td>Nonmarketable 2/............</td><td>420 2/</td><td>272</td><td>6</td><td>6</td><td>*</td><td>59</td><td>207</td><td>72</td></tr><tr><td>Total public securities......</td><td>59,542</td><td>51,845</td><td>10,157</td><td>8,065</td><td>2,092</td><td>19,912</td><td>21,775</td><td>7,622</td></tr></table>
Footnotes at end of Table 4.
Table 2.- Summary of Public Marketable Securities
(Par values - in millions of dollars)
<table><tr><th>Classification</th><th>Held by 6,237 commercial banks 1/</th><th>3,997 member banks</th><th colspan="4">Federal Reserve member banks</th><th>2,771 country</th><th>2,240 nonmember banks</th></tr><tr><th></th><th></th><th></th><th colspan="4">23 Central reserve city</th><th></th><th></th></tr><tr><th></th><th></th><th></th><th>Total New York City and Chicago</th><th>14 New York City</th><th>9 Chicago</th><th>203 reserve city</th><th></th><th></th></tr><tr><td>By type of security:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Issued by U. S. Government:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Treasury bills</td><td>9,962</td><td>8,692</td><td>2,638</td><td>2,152</td><td>486</td><td>3,018</td><td>3,036</td><td>1,270</td></tr><tr><td>Certificates of indebtedness</td><td>1,955</td><td>1,787</td><td>540</td><td>446</td><td>95</td><td>742</td><td>505</td><td>168</td></tr><tr><td>Treasury notes</td><td>23,639</td><td>20,549</td><td>3,285</td><td>2,545</td><td>740</td><td>8,618</td><td>8,645</td><td>3,090</td></tr><tr><td>Treasury bonds</td><td>23,518</td><td>20,497</td><td>3,678</td><td>2,906</td><td>771</td><td>7,465</td><td>9,354</td><td>3,021</td></tr><tr><td>Guaranteed by U. S. Government 4/</td><td>49</td><td>48</td><td>9</td><td>9</td><td>-</td><td>11</td><td>28</td><td>1</td></tr><tr><td>Total</td><td>59,122</td><td>51,572</td><td>10,151</td><td>8,059</td><td>2,092</td><td>19,853</td><td>21,568</td><td>7,550</td></tr><tr><td>By maturity distribution:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Call classes (due or first becoming callable):</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Within 1 year</td><td>23,027</td><td>20,196</td><td>5,149</td><td>4,034</td><td>1,115</td><td>7,765</td><td>7,282</td><td>2,831</td></tr><tr><td>1 to 5 years</td><td>31,777</td><td>27,705</td><td>4,524</td><td>3,606</td><td>918</td><td>11,006</td><td>12,175</td><td>4,071</td></tr><tr><td>5 to 10 years</td><td>3,636</td><td>3,088</td><td>398</td><td>355</td><td>43</td><td>916</td><td>1,774</td><td>548</td></tr><tr><td>10 to 15 years</td><td>124</td><td>109</td><td>24</td><td>10</td><td>14</td><td>37</td><td>48</td><td>16</td></tr><tr><td>15 to 20 years</td><td>149</td><td>132</td><td>4</td><td>4</td><td>*</td><td>42</td><td>86</td><td>17</td></tr><tr><td>20 years and over</td><td>360</td><td>295</td><td>42</td><td>40</td><td>2</td><td>76</td><td>176</td><td>66</td></tr><tr><td>Guaranteed securities 4/</td><td>49</td><td>48</td><td>9</td><td>9</td><td>-</td><td>11</td><td>28</td><td>1</td></tr><tr><td>Total</td><td>59,122</td><td>51,572</td><td>10,151</td><td>8,059</td><td>2,092</td><td>19,853</td><td>21,568</td><td>7,550</td></tr><tr><td>Maturity classes (final maturity 5/):</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Within 1 years</td><td>22,486</td><td>19,746</td><td>5,075</td><td>4,002</td><td>1,073</td><td>7,627</td><td>7,043</td><td>2,740</td></tr><tr><td>1 to 5 years</td><td>29,414</td><td>25,650</td><td>4,178</td><td>3,300</td><td>878</td><td>10,170</td><td>11,301</td><td>3,764</td></tr><tr><td>5 to 10 years</td><td>5,043</td><td>4,299</td><td>665</td><td>542</td><td>124</td><td>1,415</td><td>2,219</td><td>744</td></tr><tr><td>10 to 15 years</td><td>1,610</td><td>1,394</td><td>175</td><td>161</td><td>15</td><td>510</td><td>708</td><td>216</td></tr><tr><td>15 to 20 years</td><td>114</td><td>101</td><td>3</td><td>3</td><td>*</td><td>36</td><td>62</td><td>12</td></tr><tr><td>20 years and over</td><td>407</td><td>335</td><td>43</td><td>41</td><td>2</td><td>84</td><td>207</td><td>72</td></tr><tr><td>Guaranteed securities 4/</td><td>49</td><td>48</td><td>9</td><td>9</td><td>-</td><td>11</td><td>28</td><td>1</td></tr><tr><td>Total</td><td>59,122</td><td>51,572</td><td>10,151</td><td>8,059</td><td>2,092</td><td>19,853</td><td>21,568</td><td>7,550</td></tr><tr><td>By tax status 6/</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Partially exempt from Federal income taxes</td><td>1,337</td><td>1,273</td><td>509</td><td>291</td><td>218</td><td>463</td><td>301</td><td>64</td></tr><tr><td>Subject to Federal income taxes 7/</td><td>57,785</td><td>50,300</td><td>9,642</td><td>7,768</td><td>1,873</td><td>19,390</td><td>21,268</td><td>7,486</td></tr><tr><td>Total</td><td>59,122</td><td>51,572</td><td>10,151</td><td>8,059</td><td>2,092</td><td>19,853</td><td>21,568</td><td>7,550</td></tr></table>
Footnotes at end of Table 4.
70
Treasury Bulletin
TREASURY SURVEY - COMMERCIAL BANK OWNERSHIP, DECEMBER 31, 1961
Section I - Interest-Bearing Securities Issued or Guaranteed by the United States Government
Table 3.- Public Marketable Securities by Issues
(Par values - in millions of dollars)
<table><tr><th>Issue</th><th>Held by 6,237 commercial banks 1/</th><th>3,997 member banks</th><th colspan="4">23 Central reserve city</th><th>203 reserve city</th><th>3,771 country</th><th>2,240 nonmember banks</th></tr><tr><th></th><th></th><th></th><th>Total New York City and Chicago</th><th>14 New York City</th><th>9 Chicago</th><th></th><th></th><th></th></tr><tr><td>Treasury bills: Regular weekly:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>January 1962 - March 1962</td><td>4,126</td><td>3,409</td><td>511</td><td>412</td><td>99</td><td>1,278</td><td>1,621</td><td>717</td></tr><tr><td>April 1962 - June 1962</td><td>1,693</td><td>1,515</td><td>826</td><td>688</td><td>138</td><td>290</td><td>399</td><td>178</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>1,062</td><td>977</td><td>446</td><td>426</td><td>21</td><td>298</td><td>233</td><td>86</td></tr><tr><td>June 1962</td><td>1,097</td><td>998</td><td>251</td><td>206</td><td>46</td><td>452</td><td>295</td><td>99</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>171</td><td>147</td><td>16</td><td>9</td><td>6</td><td>39</td><td>92</td><td>24</td></tr><tr><td>April 1962</td><td>357</td><td>304</td><td>94</td><td>67</td><td>26</td><td>82</td><td>127</td><td>54</td></tr><tr><td>July 1962</td><td>629</td><td>578</td><td>34</td><td>179</td><td>53</td><td>210</td><td>136</td><td>51</td></tr><tr><td>October 1962</td><td>826</td><td>765</td><td>262</td><td>165</td><td>97</td><td>369</td><td>134</td><td>61</td></tr><tr><td>Total Treasury bills</td><td>9,962</td><td>8,692</td><td>2,638</td><td>2,152</td><td>486</td><td>3,018</td><td>3,036</td><td>1,270</td></tr><tr><td>Certificates of indebtedness: 3%</td><td>May 1962-A</td><td>1,955</td><td>1,787</td><td>540</td><td>446</td><td>95</td><td>742</td><td>505</td><td>168</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 4 February 1962-A</td><td>225</td><td>177</td><td>45</td><td>23</td><td>22</td><td>33</td><td>100</td><td>47</td></tr><tr><td>4 February 1962-D</td><td>532</td><td>387</td><td>35</td><td>23</td><td>13</td><td>120</td><td>232</td><td>145</td></tr><tr><td>3-1/4 February 1962-F</td><td>1,925</td><td>1,673</td><td>231</td><td>145</td><td>86</td><td>805</td><td>638</td><td>251</td></tr><tr><td>4 May 1962-E</td><td>1,011</td><td>863</td><td>123</td><td>119</td><td>4</td><td>413</td><td>327</td><td>147</td></tr><tr><td>4 August 1962-B</td><td>92</td><td>74</td><td>3</td><td>1</td><td>1</td><td>12</td><td>59</td><td>18</td></tr><tr><td>3-1/4 August 1962-G</td><td>1,676</td><td>1,511</td><td>326</td><td>267</td><td>60</td><td>668</td><td>516</td><td>165</td></tr><tr><td>3-3/4 November 1962-C</td><td>578</td><td>489</td><td>19</td><td>12</td><td>7</td><td>239</td><td>232</td><td>88</td></tr><tr><td>3-1/4 November 1962-H</td><td>979</td><td>834</td><td>128</td><td>87</td><td>41</td><td>364</td><td>341</td><td>145</td></tr><tr><td>2-5/8 February 1963-A</td><td>1,896</td><td>1,713</td><td>197</td><td>183</td><td>13</td><td>808</td><td>709</td><td>183</td></tr><tr><td>3-1/4 February 1963-E</td><td>1,971</td><td>1,799</td><td>478</td><td>402</td><td>75</td><td>777</td><td>544</td><td>172</td></tr><tr><td>4 May 1963-B</td><td>694</td><td>580</td><td>60</td><td>42</td><td>18</td><td>207</td><td>313</td><td>114</td></tr><tr><td>3-1/4 May 1963-D</td><td>2,666</td><td>2,397</td><td>520</td><td>387</td><td>134</td><td>1,077</td><td>800</td><td>268</td></tr><tr><td>4-7/8 November 1963-C</td><td>1,011</td><td>855</td><td>73</td><td>58</td><td>14</td><td>396</td><td>386</td><td>156</td></tr><tr><td>3-3/4 May 1964-D</td><td>2,115</td><td>1,757</td><td>224</td><td>160</td><td>63</td><td>542</td><td>992</td><td>258</td></tr><tr><td>4-3/4 May 1964-A</td><td>580</td><td>450</td><td>10</td><td>3</td><td>7</td><td>150</td><td>289</td><td>130</td></tr><tr><td>5 August 1964-B</td><td>319</td><td>249</td><td>27</td><td>27</td><td>*</td><td>85</td><td>136</td><td>70</td></tr><tr><td>3-3/4 August 1964-E</td><td>1,077</td><td>1,839</td><td>425</td><td>385</td><td>40</td><td>709</td><td>706</td><td>238</td></tr><tr><td>4-7/8 November 1964-C</td><td>789</td><td>705</td><td>78</td><td>33</td><td>45</td><td>363</td><td>264</td><td>84</td></tr><tr><td>4-5/8 May 1965-A</td><td>675</td><td>557</td><td>59</td><td>15</td><td>44</td><td>181</td><td>317</td><td>118</td></tr><tr><td>1-1/2 April 1962-EA</td><td>85</td><td>70</td><td>*</td><td>*</td><td>*</td><td>16</td><td>53</td><td>15</td></tr><tr><td>1-1/2 October 1962-EO</td><td>130</td><td>110</td><td>1</td><td>*</td><td>*</td><td>47</td><td>62</td><td>20</td></tr><tr><td>1-1/2 April 1963-EA</td><td>244</td><td>217</td><td>13</td><td>10</td><td>3</td><td>112</td><td>92</td><td>27</td></tr><tr><td>1-1/2 October 1963-EO</td><td>283</td><td>263</td><td>58</td><td>36</td><td>22</td><td>83</td><td>122</td><td>20</td></tr><tr><td>1-1/2 April 1964-EA</td><td>253</td><td>226</td><td>58</td><td>48</td><td>10</td><td>76</td><td>93</td><td>27</td></tr><tr><td>1-1/2 October 1964-EO</td><td>199</td><td>177</td><td>35</td><td>34</td><td>1</td><td>57</td><td>84</td><td>22</td></tr><tr><td>1-1/2 April 1965-EA</td><td>179</td><td>158</td><td>30</td><td>25</td><td>5</td><td>68</td><td>60</td><td>21</td></tr><tr><td>1-1/2 October 1965-EO</td><td>187</td><td>173</td><td>8</td><td>3</td><td>5</td><td>115</td><td>51</td><td>14</td></tr><tr><td>1-1/2 April 1966-EA</td><td>211</td><td>192</td><td>21</td><td>17</td><td>4</td><td>75</td><td>97</td><td>19</td></tr><tr><td>1-1/2 October 1966-EO</td><td>58</td><td>52</td><td>*</td><td>*</td><td>*</td><td>20</td><td>32</td><td>5</td></tr><tr><td>Total Treasury notes</td><td>23,639</td><td>20,549</td><td>3,285</td><td>2,945</td><td>740</td><td>8,618</td><td>8,645</td><td>3,090</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>1,196</td><td>1,165</td><td>263</td><td>254</td><td>10</td><td>416</td><td>386</td><td>130</td></tr><tr><td>2-1/4 December 1959-62</td><td>804</td><td>741</td><td>213</td><td>181</td><td>31</td><td>273</td><td>255</td><td>64</td></tr><tr><td>2-3/4 December 1960-65 8/</td><td>1,337</td><td>1,273</td><td>509</td><td>291</td><td>218</td><td>463</td><td>301</td><td>64</td></tr><tr><td>2-1/2 June 1962-67</td><td>541</td><td>450</td><td>74</td><td>32</td><td>42</td><td>138</td><td>239</td><td>91</td></tr><tr><td>2-1/2 August 1963</td><td>2,797</td><td>2,305</td><td>585</td><td>464</td><td>121</td><td>960</td><td>960</td><td>292</td></tr><tr><td>2-1/2 December 1963-68</td><td>588</td><td>519</td><td>57</td><td>28</td><td>29</td><td>247</td><td>215</td><td>69</td></tr><tr><td>3 February 1964</td><td>2,82</td><td>1,901</td><td>89</td><td>66</td><td>23</td><td>729</td><td>1,083</td><td>382</td></tr><tr><td>2-1/2 June 1964-69</td><td>668</td><td>578</td><td>124</td><td>121</td><td>3</td><td>199</td><td>255</td><td>89</td></tr><tr><td>2-1/2 December 1964-69</td><td>618</td><td>554</td><td>103</td><td>95</td><td>8</td><td>239</td><td>212</td><td>64</td></tr><tr><td>2-5/8 February 1965</td><td>3,683</td><td>3,254</td><td>698</td><td>590</td><td>108</td><td>1,249</td><td>1,307</td><td>429</td></tr><tr><td>2-1/2 March 1965-70</td><td>357</td><td>297</td><td>47</td><td>47</td><td>*</td><td>110</td><td>140</td><td>60</td></tr><tr><td>2-1/2 March 1966-71</td><td>133</td><td>108</td><td>14</td><td>13</td><td>*</td><td>41</td><td>53</td><td>25</td></tr><tr><td>3-1/4 May 1966</td><td>2,058</td><td>1,768</td><td>315</td><td>229</td><td>87</td><td>582</td><td>871</td><td>290</td></tr><tr><td>3-3/8 August 1966</td><td>822</td><td>710</td><td>47</td><td>40</td><td>7</td><td>308</td><td>356</td><td>112</td></tr><tr><td>3-3/8 November 1966</td><td>1,364</td><td>1,151</td><td>71</td><td>45</td><td>26</td><td>441</td><td>639</td><td>213</td></tr><tr><td>2-1/2 June 1967-72</td><td>242</td><td>217</td><td>1</td><td>*</td><td>*</td><td>137</td><td>79</td><td>25</td></tr><tr><td>2-1/2 September 1967-72</td><td>1,120</td><td>980</td><td>117</td><td>147</td><td>*</td><td>312</td><td>521</td><td>139</td></tr><tr><td>3-7/8 November 1967</td><td>1,303</td><td>1,087</td><td>141</td><td>115</td><td>26</td><td>282</td><td>664</td><td>216</td></tr></table>
Footnotes at end of Table 4.
(Continued on following page)
February 1962
71
TREASURY SURVEY - COMMERCIAL BANK OWNERSHIP, DECEMBER 31, 1961
Section I - Interest-Bearing Securities Issued or Guaranteed by the United States Government Table 3.- Public Marketable Securities by Issues - (Continued)
(Par values - in millions of dollars)
<table><tr><th rowspan="2">Issue</th><th rowspan="2">Held by 6,237 commercial banks 1/</th><th colspan="5">Federal Reserve member banks</th><th rowspan="2">2,771 country</th><th rowspan="2">2,240 nonmember banks</th></tr><tr><th>3,997 member banks</th><th colspan="3">23 Central reserve city</th><th>203 reserve city</th></tr><tr><th colspan="2">Treasury bonds - (Continued):</th><th></th><th>Total New York City and Chicago</th><th>14 New York City</th><th>9 Chicago</th><th></th><th></th><th></th></tr><tr><td>2-1/2% December 1967-72</td><td>135</td><td>98</td><td>4</td><td>4</td><td>*</td><td>26</td><td>68</td><td>37</td></tr><tr><td>3-7/8 May 1968</td><td>673</td><td>572</td><td>102</td><td>86</td><td>16</td><td>130</td><td>340</td><td>101</td></tr><tr><td>4 October 1969</td><td>163</td><td>133</td><td>3</td><td>3</td><td>*</td><td>28</td><td>102</td><td>30</td></tr><tr><td>3-7/8 November 1974</td><td>113</td><td>99</td><td>24</td><td>10</td><td>14</td><td>35</td><td>40</td><td>14</td></tr><tr><td>4-1/4 May 1975-85</td><td>11</td><td>10</td><td>*</td><td>*</td><td>*</td><td>2</td><td>8</td><td>1</td></tr><tr><td>3-1/4 June 1978-83</td><td>35</td><td>30</td><td>1</td><td>1</td><td>*</td><td>5</td><td>24</td><td>5</td></tr><tr><td>4 February 1980</td><td>20</td><td>16</td><td>*</td><td>*</td><td>*</td><td>2</td><td>14</td><td>4</td></tr><tr><td>3-1/2 November 1980</td><td>94</td><td>86</td><td>3</td><td>3</td><td>*</td><td>34</td><td>48</td><td>8</td></tr><tr><td>3-1/4 May 1985</td><td>119</td><td>98</td><td>28</td><td>27</td><td>1</td><td>28</td><td>41</td><td>21</td></tr><tr><td>3-1/2 February 1990</td><td>121</td><td>111</td><td>13</td><td>13</td><td>*</td><td>25</td><td>73</td><td>10</td></tr><tr><td>3 February 1995</td><td>49</td><td>38</td><td>1</td><td>1</td><td>*</td><td>12</td><td>26</td><td>11</td></tr><tr><td>3-1/2 November 1998</td><td>71</td><td>48</td><td>*</td><td>*</td><td>*</td><td>11</td><td>37</td><td>23</td></tr><tr><td>Total Treasury bonds</td><td>23,518</td><td>20,497</td><td>3,678</td><td>2,906</td><td>771</td><td>7,465</td><td>9,354</td><td>3,021</td></tr><tr><td>Guaranteed securities 4/</td><td>49</td><td>48</td><td>9</td><td>9</td><td>-</td><td>11</td><td>28</td><td>1</td></tr><tr><td>Total public marketable securities</td><td>59,122</td><td>51,572</td><td>10,151</td><td>8,059</td><td>2,092</td><td>19,853</td><td>21,568</td><td>7,550</td></tr></table>
Footnotes at end of table 4.
Table 4.- Public Nonmarketable Securities by Issues
(Par values - in millions of dollars)
<table><tr><th>Issue</th><th>Held by 6,237 commercial banks 1/</th><th colspan="5">Federal Reserve member banks</th><th>2,240 nonmember banks</th></tr><tr><th></th><th></th><th>3,997 member banks</th><th colspan="3">23 Central reserve city</th><th>203 reserve city</th><th>3,771 country</th><th></th></tr><tr><th></th><th></th><th></th><th>Total New York City and Chicago</th><th>14 New York City</th><th>9 Chicago</th><th></th><th></th><th></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></tr><tr><td>Series E.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Series F 2/.</td><td>29</td><td>19</td><td>-</td><td>-</td><td>-</td><td>2</td><td>17</td><td>11</td></tr><tr><td>Series G.</td><td>48</td><td>34</td><td>1</td><td>1</td><td>*</td><td>2</td><td>31</td><td>14</td></tr><tr><td>Series H.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Series J 2/.</td><td>-</td><td>*</td><td>-</td><td>-</td><td>-</td><td>*</td><td>*</td><td>1</td></tr><tr><td>Series K.</td><td>2</td><td>*</td><td>*</td><td>*</td><td>*</td><td>4</td><td>48</td><td>25</td></tr><tr><td>Total United States savings bonds.</td><td>79</td><td>54</td><td>1</td><td>1</td><td>*</td><td>4</td><td>48</td><td>25</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></tr><tr><td>Certificates of indebtedness:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>2.35% Foreign Series.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>1.25 Foreign Currency Series.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Depository bonds.</td><td>154 2/</td><td>69</td><td>1</td><td>1</td><td>-</td><td>15</td><td>53</td><td>10</td></tr><tr><td>Treasury bonds:</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>-</td><td>-</td><td>-</td><td>-</td><td>*</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Investment Series A.</td><td>108</td><td>85</td><td>4</td><td>4</td><td>*</td><td>27</td><td>55</td><td>23</td></tr><tr><td>Investment Series B.</td><td>79</td><td>64</td><td>1</td><td>1</td><td>-</td><td>13</td><td>50</td><td>14</td></tr><tr><td>Total other U. S. securities.</td><td>340 2/</td><td>218</td><td>5</td><td>5</td><td>*</td><td>55</td><td>158</td><td>47</td></tr><tr><td>Total public nonmarketable securities.</td><td>420 2/</td><td>272</td><td>6</td><td>6</td><td>*</td><td>59</td><td>207</td><td>72</td></tr></table>
1/ Includes trust companies and stock savings banks but excludes securities held in trust departments.
2/ United States savings bonds, Series F and J, are shown at current redemption value. They were reported at maturity value by the banks included in the Treasury Survey but have been adjusted to current redemption value for use in this statement.
3/ Total includes $75 million depositary bonds held by commercial banks not included in the Treasury Survey.
4/ Guaranteed securities are those held outside the Treasury.
5/ Except partially tax-exempt bonds, which are classified to earliest call date.
6/ 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.
7/ Includes guaranteed securities which are classified as taxable although a small indeterminate amount of the Federal Housing Administration debentures is partially tax-exempt.
8/ The Treasury bonds of 1960-65 are partially tax-exempt (see footnote 6).
9/ Includes only publicly offered issues.
10/ The proprietary interest of the United States in these banks ended in July 1951.
11/ The proprietary interest of the United States in these banks ended in June 1947.
72
Treasury Bulletin
TREASURY SURVEY - COMMERCIAL BANK OWNERSHIP, DECEMBER 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 colspan="2">Held by 6,237 commercial banks 1/ 9/</th><th>3,997 member banks</th><th colspan="3">23 Central reserve city</th><th>203 reserve city</th><th>3,771 country</th><th>2,240 nonmember banks</th></tr><tr><th></th><th></th><th></th><th></th><th>Total New York City and Chicago</th><th>14 New York City</th><th>9 Chicago</th><th></th><th></th><th></th></tr><tr><td colspan="10">Banks for cooperatives:</td></tr><tr><td>2.95% February 1962 (Debentures)</td><td>37</td><td></td><td>31</td><td>8</td><td>4</td><td>3</td><td>6</td><td>17</td><td>6</td></tr><tr><td>3.15% April 1962 (Debentures)</td><td>43</td><td></td><td>28</td><td>*</td><td>*</td><td>*</td><td>9</td><td>18</td><td>15</td></tr><tr><td>3.05% June 1962 (Debentures)</td><td>37</td><td></td><td>30</td><td>1</td><td>*</td><td>1</td><td>12</td><td>16</td><td>7</td></tr><tr><td>Total banks for cooperatives securities</td><td>117</td><td></td><td>89</td><td>9</td><td>5</td><td>5</td><td>28</td><td>51</td><td>28</td></tr><tr><td colspan="10">Federal home loan banks: 10/</td></tr><tr><td>3.10% January 1962 (Notes)</td><td>38</td><td></td><td>30</td><td>6</td><td>*</td><td>6</td><td>6</td><td>17</td><td>8</td></tr><tr><td>3 February 1962 (Notes)</td><td>45</td><td></td><td>36</td><td>2</td><td>1</td><td>1</td><td>13</td><td>21</td><td>9</td></tr><tr><td>3 March 1962 (Notes)</td><td>25</td><td></td><td>18</td><td>*</td><td>*</td><td>*</td><td>8</td><td>10</td><td>7</td></tr><tr><td>3.15% April 1962 (Notes)</td><td>133</td><td></td><td>118</td><td>51</td><td>12</td><td>39</td><td>31</td><td>36</td><td>15</td></tr><tr><td>3.05% May 1962 (Notes)</td><td>57</td><td></td><td>46</td><td>1</td><td>*</td><td>1</td><td>22</td><td>23</td><td>11</td></tr><tr><td>3 June 1962 (Notes)</td><td>68</td><td></td><td>57</td><td>8</td><td>5</td><td>3</td><td>24</td><td>24</td><td>11</td></tr><tr><td>3-1/8 April 1963 (Bonds)</td><td>79</td><td></td><td>66</td><td>*</td><td>*</td><td>*</td><td>43</td><td>23</td><td>13</td></tr><tr><td>Total Federal home loan bank securities</td><td>446</td><td></td><td>372</td><td>69</td><td>19</td><td>51</td><td>148</td><td>154</td><td>74</td></tr><tr><td colspan="10">Federal intermediate credit banks:</td></tr><tr><td>Debentures</td><td>356</td><td></td><td>280</td><td>25</td><td>9</td><td>16</td><td>68</td><td>187</td><td>76</td></tr><tr><td colspan="10">Federal land banks: 11/</td></tr><tr><td>3-3/8% February 1962 (Bonds)</td><td>30</td><td></td><td>20</td><td>1</td><td>1</td><td>*</td><td>4</td><td>14</td><td>10</td></tr><tr><td>4 May 1962 (Bonds)</td><td>17</td><td></td><td>13</td><td>*</td><td>*</td><td>*</td><td>1</td><td>10</td><td>4</td></tr><tr><td>4-7/8 August 1962 (Bonds)</td><td>11</td><td></td><td>9</td><td>1</td><td>1</td><td>*</td><td>1</td><td>7</td><td>3</td></tr><tr><td>3-1/4 October 1962 (Bonds)</td><td>31</td><td></td><td>21</td><td>*</td><td>*</td><td>*</td><td>2</td><td>18</td><td>11</td></tr><tr><td>3-5/8 February 1963 (Bonds)</td><td>29</td><td></td><td>24</td><td>*</td><td>*</td><td>*</td><td>5</td><td>19</td><td>5</td></tr><tr><td>2-1/4 May 1963 (Bonds)</td><td>64</td><td></td><td>53</td><td>2</td><td>*</td><td>2</td><td>25</td><td>26</td><td>11</td></tr><tr><td>4-1/2 April 1964 (Bonds)</td><td>19</td><td></td><td>15</td><td>*</td><td>*</td><td>*</td><td>2</td><td>12</td><td>4</td></tr><tr><td>4 October 1964 (Bonds)</td><td>30</td><td></td><td>23</td><td>*</td><td>*</td><td>*</td><td>4</td><td>19</td><td>6</td></tr><tr><td>4 October 1965 (Bonds)</td><td>44</td><td></td><td>34</td><td>*</td><td>*</td><td>–</td><td>3</td><td>32</td><td>10</td></tr><tr><td>4 December 1965 (Bonds)</td><td>25</td><td></td><td>20</td><td>*</td><td>*</td><td>*</td><td>*</td><td>19</td><td>5</td></tr><tr><td>3-5/8 February 1966 (Bonds)</td><td>26</td><td></td><td>21</td><td>*</td><td>*</td><td>*</td><td>*</td><td>20</td><td>5</td></tr><tr><td>3-1/4 May 1966 (Bonds)</td><td>39</td><td></td><td>31</td><td>1</td><td>*</td><td>*</td><td>8</td><td>22</td><td>9</td></tr><tr><td>4-1/4 July 1966 (Bonds)</td><td>48</td><td></td><td>34</td><td>*</td><td>*</td><td>*</td><td>3</td><td>31</td><td>14</td></tr><tr><td>4-1/8 February 1967-72 (Bonds)</td><td>1</td><td></td><td>1</td><td>*</td><td>*</td><td>*</td><td>1</td><td>1</td><td>1</td></tr><tr><td>4-1/2 October 1967-70 (Bonds)</td><td>3</td><td></td><td>3</td><td>*</td><td>*</td><td>*</td><td>*</td><td>3</td><td>1</td></tr><tr><td>4-1/4 March 1968 (Bonds)</td><td>4</td><td></td><td>3</td><td>*</td><td>*</td><td>*</td><td>*</td><td>3</td><td>1</td></tr><tr><td>4-3/8 March 1969 (Bonds)</td><td>6</td><td></td><td>3</td><td>–</td><td>*</td><td>*</td><td>*</td><td>2</td><td>2</td></tr><tr><td>4-5/8 July 1969 (Bonds)</td><td>2</td><td></td><td>2</td><td>*</td><td>*</td><td>*</td><td>*</td><td>2</td><td>*</td></tr><tr><td>5-1/8 February 1970 (Bonds)</td><td>2</td><td></td><td>2</td><td>*</td><td>*</td><td>*</td><td>*</td><td>2</td><td>*</td></tr><tr><td>3-1/2 April 1970 (Bonds)</td><td>10</td><td></td><td>8</td><td>*</td><td>*</td><td>*</td><td>1</td><td>7</td><td>2</td></tr><tr><td>5-1/8 July 1970 (Bonds)</td><td>1</td><td></td><td>1</td><td>*</td><td>*</td><td>*</td><td>–</td><td>1</td><td>*</td></tr><tr><td>3-1/2 May 1971 (Bonds)</td><td>1</td><td></td><td>1</td><td>*</td><td>*</td><td>*</td><td>*</td><td>*</td><td>*</td></tr><tr><td>3-7/8 September 1972 (Bonds)</td><td>1</td><td></td><td>1</td><td>*</td><td>*</td><td>*</td><td>*</td><td>*</td><td>*</td></tr><tr><td>Total Federal land bank securities</td><td>446</td><td></td><td>343</td><td>7</td><td>4</td><td>3</td><td>62</td><td>273</td><td>104</td></tr><tr><td colspan="10">Federal National Mortgage Association:</td></tr><tr><td>Discount notes</td><td>7</td><td></td><td>6</td><td>–</td><td>–</td><td>–</td><td>*</td><td>6</td><td>1</td></tr><tr><td>3-1/2% February 1962 (Debentures)</td><td>48</td><td></td><td>37</td><td>3</td><td>1</td><td>2</td><td>7</td><td>27</td><td>10</td></tr><tr><td>4-7/8 September 1962 (Debentures)</td><td>12</td><td></td><td>10</td><td>*</td><td>*</td><td>*</td><td>1</td><td>9</td><td>2</td></tr><tr><td>3-1/4 March 1963 (Debentures)</td><td>41</td><td></td><td>33</td><td>1</td><td>–</td><td>1</td><td>10</td><td>22</td><td>8</td></tr><tr><td>4-1/8 November 1963 (Debentures)</td><td>15</td><td></td><td>11</td><td>*</td><td>*</td><td>*</td><td>*</td><td>11</td><td>4</td></tr><tr><td>3-5/8 May 1964 (Debentures)</td><td>31</td><td></td><td>28</td><td>4</td><td>1</td><td>3</td><td>1</td><td>23</td><td>3</td></tr><tr><td>4 September 1964 (Debentures)</td><td>34</td><td></td><td>27</td><td>2</td><td>2</td><td>*</td><td>6</td><td>19</td><td>7</td></tr><tr><td>3-7/8 December 1964 (Debentures)</td><td>34</td><td></td><td>29</td><td>2</td><td>2</td><td>*</td><td>6</td><td>21</td><td>5</td></tr><tr><td>4-3/8 June 1965 (Debentures)</td><td>13</td><td></td><td>11</td><td>–</td><td>–</td><td>–</td><td>1</td><td>10</td><td>2</td></tr><tr><td>4-1/8 December 1966 (Debentures)</td><td>19</td><td></td><td>16</td><td>4</td><td>1</td><td>3</td><td>1</td><td>12</td><td>3</td></tr><tr><td>3-5/8 March 1968 (Debentures)</td><td>14</td><td></td><td>10</td><td>*</td><td>*</td><td>*</td><td>3</td><td>7</td><td>4</td></tr><tr><td>4-3/8 April 1969 (Debentures)</td><td>4</td><td></td><td>3</td><td>1</td><td>1</td><td>*</td><td>*</td><td>2</td><td>*</td></tr><tr><td>4-5/8 April 1970 (Debentures)</td><td>4</td><td></td><td>3</td><td>*</td><td>*</td><td>*</td><td>*</td><td>3</td><td>2</td></tr><tr><td>4-1/8 September 1970 (Debentures)</td><td>9</td><td></td><td>8</td><td>*</td><td>*</td><td>*</td><td>1</td><td>7</td><td>2</td></tr><tr><td>4-1/8 August 1971 (Debentures)</td><td>6</td><td></td><td>4</td><td>*</td><td>*</td><td>*</td><td>1</td><td>3</td><td>2</td></tr><tr><td>4-1/2 September 1971 (Debentures)</td><td>2</td><td></td><td>2</td><td>*</td><td>*</td><td>*</td><td>*</td><td>2</td><td>*</td></tr><tr><td>5-1/8 February 1972 (Debentures)</td><td>2</td><td></td><td>1</td><td>*</td><td>*</td><td>*</td><td>–</td><td>1</td><td>*</td></tr><tr><td>4-3/8 June 1972 (Debentures)</td><td>4</td><td></td><td>3</td><td>*</td><td>*</td><td>*</td><td>*</td><td>3</td><td>1</td></tr><tr><td>4-1/4 June 1973 (Debentures)</td><td>8</td><td></td><td>7</td><td>*</td><td>*</td><td>*</td><td>*</td><td>7</td><td>1</td></tr><tr><td>Total Federal National Mortgage Association securities</td><td>307</td><td></td><td>250</td><td>17</td><td>7</td><td>10</td><td>40</td><td>194</td><td>57</td></tr><tr><td colspan="10">Tennessee Valley Authority:</td></tr><tr><td>4.40% November 1985 (Bonds)</td><td>*</td><td></td><td>*</td><td>–</td><td>–</td><td>–</td><td>–</td><td>*</td><td>–</td></tr><tr><td>4-5/8 July 1986 (Bonds)</td><td>–</td><td></td><td>–</td><td>–</td><td>–</td><td>–</td><td>–</td><td>–</td><td>–</td></tr><tr><td>Total Tennessee Valley Authority securities</td><td>*</td><td></td><td>*</td><td>–</td><td>–</td><td>–</td><td>–</td><td>*</td><td>–</td></tr></table>
February 1962
73
MARKET QUOTATIONS ON TREASURY SECURITIES, JANUARY 31, 1962
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 outstand- ing (millions)</th><th colspan="2">Issue date</th><th rowspan="2">Maturity date</th><th colspan="2">Bank discount</th><th rowspan="2">Amount outstand- ing (millions)</th><th rowspan="2">Issue date</th><th rowspan="2">Maturity date</th><th colspan="2">Bank discount</th></tr><tr><th>13-week</th><th>26-week</th><th>13-week</th><th>26-week</th><th>Bid</th><th>Change from last month</th><th>Bid</th><th>Change from last month</th></tr><tr><td colspan="5">Regular weekly bills - 13 and 26 weeks</td><td colspan="5">Regular weekly bills - 26 weeks</td></tr><tr><td>$1,100</td><td>$600</td><td>11/3/61</td><td>8/3/61</td><td>2/1/62</td><td>1/2.30%</td><td>1/-.28%</td><td>$601</td><td>12/7/61</td><td>6/7/62</td><td>2.80%</td><td>-.07%</td></tr><tr><td>1,205</td><td>600</td><td>11/9/61</td><td>8/10/61</td><td>2/8/62</td><td>2.28</td><td>-.30</td><td>601</td><td>12/14/61</td><td>6/14/61</td><td>2.81</td><td>-.06</td></tr><tr><td>1,100</td><td>600</td><td>11/16/61</td><td>8/17/61</td><td>2/15/62</td><td>2.28</td><td>-.30</td><td>602</td><td>12/21/61</td><td>6/21/62</td><td>2.83</td><td>-.06</td></tr><tr><td>1,100</td><td>600</td><td>11/24/61</td><td>8/24/61</td><td>2/23/62</td><td>2.38</td><td>-.24</td><td>601</td><td>12/28/61</td><td>6/28/62</td><td>2.86</td><td>-.05</td></tr><tr><td>1,100</td><td>600</td><td>11/30/61</td><td>8/31/61</td><td>3/1/62</td><td>2.43</td><td>-.20</td><td>600</td><td>1/4/62</td><td>7/5/62</td><td>2.88</td><td>-</td></tr><tr><td>1,102</td><td>595</td><td>12/7/61</td><td>9/7/61</td><td>3/8/62</td><td>2.53</td><td>-.11</td><td>600</td><td>1/11/62</td><td>7/12/62</td><td>2.89</td><td>-</td></tr><tr><td>1,101</td><td>601</td><td>12/14/61</td><td>9/14/61</td><td>3/15/62</td><td>2.57</td><td>-.08</td><td>600</td><td>1/18/62</td><td>7/19/62</td><td>2.91</td><td>-</td></tr><tr><td>1,105</td><td>600</td><td>12/21/61</td><td>9/21/61</td><td>3/22/62</td><td>2.62</td><td>-.05</td><td>600</td><td>1/25/62</td><td>7/26/62</td><td>2.92</td><td>-</td></tr><tr><td>1,102</td><td>600</td><td>12/28/61</td><td>9/28/61</td><td>3/29/62</td><td>2.63</td><td>-.04</td><td>2/</td><td>2/1/62</td><td>8/2/62</td><td>2.94</td><td>-</td></tr><tr><td>1,101</td><td>600</td><td>1/4/62</td><td>10/5/61</td><td>4/5/62</td><td>2.64</td><td>-.06</td><td colspan="5">Tax anticipation bills</td></tr><tr><td>1,101</td><td>600</td><td>1/11/62</td><td>10/13/61</td><td>4/12/62</td><td>2.68</td><td>-.07</td><td>$3,503</td><td>7/26/61</td><td>3/23/62</td><td>2.61%</td><td>-.06%</td></tr><tr><td>1,102</td><td>600</td><td>1/18/62</td><td>10/19/61</td><td>4/19/62</td><td>2.69</td><td>-.11</td><td>2,511</td><td>9/27/61</td><td>6/22/62</td><td>2.85</td><td>-.05</td></tr><tr><td>1,102</td><td>600</td><td>1/25/62</td><td>10/26/61</td><td>4/26/62</td><td>2.69</td><td>-.12</td><td colspan="5">Other bills</td></tr><tr><td>2/</td><td>600</td><td>2/1/62</td><td>11/2/61</td><td>5/3/62</td><td>2.73</td><td>-.13</td><td>$2,000</td><td>4/15/61</td><td>4/15/62</td><td>2.69%</td><td>-.11%</td></tr><tr><td>-</td><td>500</td><td>-</td><td>11/9/61</td><td>5/10/62</td><td>2.74</td><td>-.12</td><td>2,004</td><td>7/15/61</td><td>7/15/62</td><td>2.90</td><td>-.06</td></tr><tr><td>-</td><td>600</td><td>-</td><td>11/16/61</td><td>5/17/62</td><td>2.76</td><td>-.10</td><td>2,003</td><td>10/16/61</td><td>10/15/62</td><td>3.04</td><td>+.01</td></tr><tr><td>-</td><td>601</td><td>-</td><td>11/24/61</td><td>5/24/62</td><td>2.76</td><td>-.11</td><td>2,001</td><td>1/15/62</td><td>1/15/63</td><td>3.27</td><td></td></tr><tr><td>-</td><td>600</td><td>-</td><td>11/30/61</td><td>5/31/62</td><td>2.77</td><td>-.10</td><td></td><td></td><td></td><td></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>100.02</td><td>+.02</td><td>2.76%</td><td>-.24%</td></tr></table>
Table 3.- Treasury Notes (Taxable)
(Price decimals are 32nds)
<table><tr><th>Amount outstanding (millions)</th><th colspan="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 traded 4/</th><th colspan="2"></th></tr><tr><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>High</th><th>Price</th><th>Date</th><th>Low</th><th>Date</th></tr><tr><td>$647</td><td>3-5/8%</td><td>-</td><td>2/15/62-A</td><td>100.03</td><td>-.01</td><td>0.95%</td><td>-1.57%</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>100.04</td><td>-.01½</td><td>0.45</td><td>-2.04</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>100.03</td><td>+0.00½</td><td>0.59</td><td>-1.96</td><td>11/15/60</td><td>100.21</td><td>12/30/60</td><td>100.01</td><td>11/29/60</td></tr><tr><td>2,211</td><td>4</td><td>-</td><td>5/15/62-E</td><td>100.11</td><td>-.01</td><td>2.77</td><td>-.19</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>100.16</td><td>-.01</td><td>3.05</td><td>-.07</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-C</td><td>100.04</td><td>+0.00½</td><td>3.01</td><td>-.08</td><td>2/15/61</td><td>100.16</td><td>5/15/61</td><td>100.01½</td><td>1/11/62</td></tr><tr><td>1,143</td><td>3-3/4</td><td>-</td><td>11/15/62-C</td><td>100.18</td><td>-.02</td><td>3.02</td><td>+.01</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>100.03</td><td>-.01½</td><td>3.12</td><td>+.04</td><td>8/1/61</td><td>100.11</td><td>11/8/61</td><td>100.01</td><td>1/15/62</td></tr><tr><td>2,839</td><td>2-5/8</td><td>-</td><td>2/15/63-A</td><td>99.12</td><td>+.02</td><td>3.24</td><td>-.02</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>3,642</td><td>3-1/4</td><td>-</td><td>2/15/63-E</td><td>99.29</td><td>-.02</td><td>3.34</td><td>+.06</td><td>11/15/61</td><td>100.05½</td><td>11/3/61</td><td>99.27</td><td>1/10/62</td></tr><tr><td>1,743</td><td>4</td><td>-</td><td>5/15/63-B</td><td>100.25</td><td>-.03</td><td>3.37</td><td>+.03</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>99.24</td><td>-.05</td><td>3.45</td><td>+.13</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>102.10</td><td>-.14</td><td>3.52</td><td>+.18</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>102.14</td><td>-.08</td><td>3.63</td><td>+.07</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>100.06</td><td>-.04</td><td>3.66</td><td>+.05</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>103.03</td><td>-.12</td><td>3.72</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>100.03</td><td>-.05</td><td>3.72</td><td>+.07</td><td>8/1/61</td><td>100.16</td><td>11/22/61</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>102.28</td><td>-.12</td><td>3.78</td><td>+.11</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>102.12</td><td>-.11</td><td>3.85</td><td>+.08</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>99.29</td><td>+.09</td><td>2.08</td><td>-.97</td><td>4/1/57</td><td>99.29</td><td>1/31/62</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>99.08</td><td>+.10</td><td>2.66</td><td>-.30</td><td>10/1/57</td><td>99.08</td><td>1/31/62</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>98.10</td><td>+.08</td><td>2.99</td><td>-.11</td><td>4/1/58</td><td>98.11</td><td>11/9/61</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>+.04</td><td>3.17</td><td>.00</td><td>10/1/58</td><td>97.16</td><td>11/8/61</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>96.00</td><td>.00</td><td>3.43</td><td>+.06</td><td>4/1/59</td><td>96.19</td><td>11/8/61</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>94.30</td><td>+.02</td><td>3.51</td><td>+.04</td><td>10/1/59</td><td>95.18</td><td>11/8/61</td><td>85.00</td><td>9/30/59</td></tr><tr><td>466</td><td>1-1/2</td><td>-</td><td>4/1/65-EA</td><td>93.12</td><td>+.06</td><td>3.75</td><td>.00</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>92.10</td><td>+.04</td><td>3.77</td><td>.00</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>91.04</td><td>+.06</td><td>3.82</td><td>-.01</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>141</td><td>1-1/2</td><td>-</td><td>10/1/66-EO</td><td>90.02</td><td>+.08</td><td>3.85</td><td>-.02</td><td>10/1/61</td><td>90.18</td><td>11/9/61</td><td>89.12</td><td>10/11/61</td></tr></table>
Footnotes at end of Table 5.
74
Treasury Bulletin
MARKET QUOTATIONS ON TREASURY SECURITIES, JANUARY 31, 1962
Table 4.- Taxable Treasury Bonds
(Price decimals are 32nds)
<table><tr><th rowspan="2">Amount outstanding (millions)</th><th rowspan="2">Description</th><th colspan="2">Price</th><th colspan="2">Yield</th><th rowspan="2">Issue date</th><th colspan="4">Price range since first traded ±/</th></tr><tr><th>Bid</th><th>Change from last month</th><th>To first call or maturity 2/</th><th>Change from last month</th><th colspan="2">High</th><th colspan="2">Low</th></tr><tr><td>$3,964</td><td>2-1/4</td><td>6/15/59-62</td><td>99.25</td><td>+ .04½</td><td>2.85%</td><td>-.21%</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>12/15/59-62</td><td>99.11</td><td>+ .04</td><td>3.02</td><td>-.07</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>8/15/63</td><td>98.22</td><td>.00</td><td>3.38</td><td>+ .04</td><td>12/15/54</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>2/15/64</td><td>98.29</td><td>-.02</td><td>3.56</td><td>+ .05</td><td>2/14/58</td><td>103.19</td><td>4/21/58</td><td>92.06</td><td>9/15/59</td></tr><tr><td>6,896</td><td>2-5/8</td><td>2/15/65</td><td>96.15</td><td>-.02</td><td>3.87</td><td>+ .06</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>3,597</td><td>3-3/4</td><td>5/15/66</td><td>99.09</td><td>-.10</td><td>3.93</td><td>+ .09</td><td>11/15/60</td><td>102.11</td><td>5/15/61</td><td>99.09</td><td>1/31/62</td></tr><tr><td>1,484</td><td>3</td><td>8/15/66</td><td>96.18</td><td>-.13</td><td>3.84</td><td>+ .13</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>11/15/66</td><td>97.12</td><td>-.14</td><td>3.98</td><td>+ .11</td><td>3/15/61</td><td>100.06</td><td>5/15/61</td><td>97.10</td><td>12/12/61</td></tr><tr><td>1,463</td><td>2-1/2</td><td>6/15/62-67</td><td>92.19</td><td>-.03</td><td>4.04</td><td>+ .03</td><td>5/5/42</td><td>108.12</td><td>4/6/46</td><td>84.22</td><td>9/15/59</td></tr><tr><td>3,602</td><td>3-5/8</td><td>11,15/67</td><td>97.30</td><td>-.23</td><td>4.02</td><td>+ .14</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>2,460</td><td>3-7/8</td><td>5/15/68</td><td>99.06</td><td>-.20</td><td>4.02</td><td>+ .12</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>12/15/63-68</td><td>90.03</td><td>-.11</td><td>4.18</td><td>+ .09</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>2,636</td><td>2-1/2</td><td>6/15/64-69</td><td>89.08</td><td>-.10</td><td>4.21</td><td>+ .07</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>2,538</td><td>4</td><td>10/1/69</td><td>99.18</td><td>-.1.04</td><td>4.07</td><td>+ .17</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>2,553</td><td>2-1/2</td><td>12/15/64-69</td><td>88.22</td><td>-.06</td><td>4.20</td><td>+ .04</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>2,429</td><td>2-1/2</td><td>3/15/65-70</td><td>88.12</td><td>-.10</td><td>4.20</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>1,418</td><td>2-1/2</td><td>3/15/66-71</td><td>87.11</td><td>-.01</td><td>4.18</td><td>+ .01</td><td>12/1/44</td><td>107.22</td><td>4/6/46</td><td>79.28</td><td>1/6/60</td></tr><tr><td>1,757</td><td>2-1/2</td><td>6/15/67-72</td><td>86.04</td><td>-.02</td><td>4.17</td><td>+ .03</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>9/15/67-72</td><td>85.23</td><td>-.03</td><td>4.18</td><td>+ .03</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>3,515</td><td>2-1/2</td><td>12/15/67-72</td><td>85.30</td><td>+ .04</td><td>4.11</td><td>-.01</td><td>11/15/45</td><td>106.16</td><td>4/6/46</td><td>79.06</td><td>1/6/60</td></tr><tr><td>1,171</td><td>3-7/8</td><td>11/15/74 6/</td><td>96.29</td><td>-.21</td><td>4.19</td><td>+ .07</td><td>12/2/57</td><td>110.24</td><td>4/22/58</td><td>92.08</td><td>1/6/60</td></tr><tr><td>884</td><td>4</td><td>2/15/80 6/</td><td>98.26</td><td>-.24</td><td>4.09</td><td>+ .06</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>1,916</td><td>3-1/2</td><td>11/15/80 6/</td><td>91.28</td><td>-.18</td><td>4.13</td><td>+ .06</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>1,595</td><td>3-1/4</td><td>6/15/78-83 6/</td><td>87.08</td><td>-.12</td><td>4.16</td><td>+ .04</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>5/15/85 6/</td><td>87.06</td><td>-.14</td><td>4.11</td><td>+ .04</td><td>6/3/58</td><td>101.04</td><td>6/11/58</td><td>82.04</td><td>1/6/60</td></tr><tr><td>470</td><td>4-1/4</td><td>5/15/75-85 6/</td><td>100.22</td><td>-.16</td><td>4.18</td><td>+ .05</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>2/15/90 6/</td><td>89.10</td><td>+ .06</td><td>4.15</td><td>.00</td><td>2/14/58</td><td>106.26</td><td>4/21/58</td><td>84.08</td><td>1/6/60</td></tr><tr><td>2,673</td><td>3</td><td>2/15/95 6/</td><td>84.30</td><td>+.12</td><td>3.80</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>3,529</td><td>3-1/2</td><td>11/15/98 6/</td><td>88.14</td><td>+ .06</td><td>4.11</td><td>-.01</td><td>10/3/60</td><td>95.14</td><td>5/12/61</td><td>87.14</td><td>9/14/61</td></tr></table>
Footnotes at end of Table 5.
Table 5.- Partially Tax-Exempt Treasury Bonds
(Price decimals are 32nds)
<table><tr><th rowspan="2">Amount outstanding (millions)</th><th rowspan="2">Description</th><th colspan="2">Price</th><th colspan="2">Yield</th><th rowspan="2">Issue date</th><th colspan="4">Price range since first traded 4/</th></tr><tr><th>Bid</th><th>Change from last month</th><th>To first call or maturity 2/</th><th>Change from last month</th><th colspan="2">High</th><th colspan="2">Low</th></tr><tr><td>$1.485</td><td>2-3/4% - 12/15/60-65</td><td>100.11</td><td>+0.01</td><td>1.81%</td><td>-0.24%</td><td>12/15/38</td><td>119.00</td><td>1/25/46</td><td>95.16</td><td>12/28/59</td></tr></table>
1/ Not quoted on January 31, 1962.
2/ Amount issued on February 1, 1962 was $1,201 million.
3/ Amount issued on February 1, 1962 was $600 million.
4/ Beginning April 1953, prices are closing bid quotations in the over-the-counter market. Prices for prior dates are the mean of closing bid and ask quotations, except that before October 1, 1939, 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.
2/ On callable issues market convention treats the yield to earliest call date as more significant when an issue is selling above par, and to maturity when it is selling at par or below.
6/ Included in the average yield of long-term taxable Treasury bonds as shown under "Average Yields of Long-term Bonds."
February 1962
75
MARKET QUOTATIONS ON TREASURY SECURITIES, JANUARY 31, 1962
76
Treasury Bulletin
AVERAGE YIELDS OF LONG-TERM BONDS
Table 1.- Average Yields of Taxable Treasury and Moody's Aaa Corporate Bonds by Perioda
(Percent per annum)
<table><tr><th>Period</th><th>Treasury bonds 1/</th><th>Moody's Aaa corporate bonds</th><th>Period</th><th>Treasury bonds 1/</th><th>Moody's Aaa corporate bonds</th><th>Period</th><th>Treasury bonds 1/</th><th>Moody's Aaa corporate bonds</th></tr><tr><td colspan="9">Annual series - calendar year averages of monthly series</td></tr><tr><td>1942</td><td>2.46</td><td>2.83</td><td>1949</td><td>2.31</td><td>2.60</td><td>1956</td><td>3.08</td><td>3.36</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>3.89</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>1961</td><td>3.90</td><td>4.35</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></tr><tr><td>May</td><td>3.11</td><td>3.34</td></tr><tr><td>June</td><td>3.13</td><td>3.40</td></tr><tr><td>July</td><td>3.02</td><td>3.28</td></tr><tr><td>August</td><td>3.02</td><td>3.24</td></tr><tr><td>September</td><td>2.98</td><td>3.29</td></tr><tr><td>October</td><td>2.83</td><td>3.16</td></tr><tr><td>November</td><td>2.86</td><td>3.11</td></tr><tr><td>December</td><td>2.79 3/</td><td>3.13</td></tr><tr><td>1954-January</td><td>2.69</td><td>3.06</td></tr><tr><td>February</td><td>2.62</td><td>2.95</td></tr><tr><td>March</td><td>2.53</td><td>2.86</td></tr><tr><td>April</td><td>2.48</td><td>2.85</td></tr><tr><td>May</td><td>2.54</td><td>2.88</td></tr><tr><td>June</td><td>2.55 3/</td><td>2.90</td></tr><tr><td>July</td><td>2.47</td><td>2.89</td></tr><tr><td>August</td><td>2.48</td><td>2.87</td></tr><tr><td>September</td><td>2.52</td><td>2.89</td></tr><tr><td>October</td><td>2.54</td><td>2.87</td></tr><tr><td>November</td><td>2.57</td><td>2.89</td></tr><tr><td>December</td><td>2.59 3/</td><td>2.90</td></tr><tr><td>1955-January</td><td>2.68 2/</td><td>2.93</td></tr><tr><td>February</td><td>2.78</td><td>2.99</td></tr><tr><td>March</td><td>2.78 3/</td><td>3.02</td></tr><tr><td>April</td><td>2.82</td><td>3.01</td></tr><tr><td>May</td><td>2.81</td><td>3.04</td></tr><tr><td>June</td><td>2.82</td><td>3.05</td></tr><tr><td>July</td><td>2.91</td><td>3.06</td></tr><tr><td>August</td><td>2.95</td><td>3.11</td></tr><tr><td>September</td><td>2.92</td><td>3.13</td></tr><tr><td>October</td><td>2.87</td><td>3.10</td></tr><tr><td>November</td><td>2.89</td><td>3.10</td></tr><tr><td>December</td><td>2.91</td><td>3.15</td></tr><tr><td>1956-January</td><td>2.88</td><td>3.11</td></tr><tr><td>February</td><td>2.85</td><td>3.08</td></tr><tr><td>March</td><td>2.93 3/</td><td>3.10</td></tr></table>
<table><tr><td>1956-April</td><td>3.07</td><td>3.24</td></tr><tr><td>May</td><td>2.97</td><td>3.28</td></tr><tr><td>June</td><td>2.93</td><td>3.27</td></tr><tr><td>July</td><td>3.00</td><td>3.28</td></tr><tr><td>August</td><td>3.17</td><td>3.43</td></tr><tr><td>September</td><td>3.21</td><td>3.56</td></tr><tr><td>October</td><td>3.20</td><td>3.59</td></tr><tr><td>November</td><td>3.30</td><td>3.69</td></tr><tr><td>December</td><td>3.40</td><td>3.75</td></tr><tr><td>1957-January</td><td>3.34</td><td>3.77</td></tr><tr><td>February</td><td>3.22</td><td>3.67</td></tr><tr><td>March</td><td>3.26</td><td>3.66</td></tr><tr><td>April</td><td>3.32</td><td>3.67</td></tr><tr><td>May</td><td>3.40</td><td>3.74</td></tr><tr><td>June</td><td>3.58 2/</td><td>3.91</td></tr><tr><td>July</td><td>3.60</td><td>3.99</td></tr><tr><td>August</td><td>3.63</td><td>4.10</td></tr><tr><td>September</td><td>3.66 2/ 2/</td><td>4.12</td></tr><tr><td>October</td><td>3.73</td><td>4.10</td></tr><tr><td>November</td><td>3.57 2/</td><td>4.08</td></tr><tr><td>December</td><td>3.30 2/</td><td>3.81</td></tr><tr><td>1958-January</td><td>3.24 2/</td><td>3.60</td></tr><tr><td>February</td><td>3.28</td><td>3.59</td></tr><tr><td>March</td><td>3.25</td><td>3.63</td></tr><tr><td>April</td><td>3.12</td><td>3.60</td></tr><tr><td>May</td><td>3.14</td><td>3.57</td></tr><tr><td>June</td><td>3.2C 2/</td><td>3.57</td></tr><tr><td>July</td><td>3.36</td><td>3.67</td></tr><tr><td>August</td><td>3.60</td><td>3.85</td></tr><tr><td>September</td><td>3.75</td><td>4.09</td></tr><tr><td>October</td><td>3.76</td><td>4.11</td></tr><tr><td>November</td><td>3.70</td><td>4.09</td></tr><tr><td>December</td><td>3.80</td><td>4.08</td></tr><tr><td>1959-January</td><td>3.91 2/</td><td>4.12</td></tr><tr><td>February</td><td>3.92</td><td>4.14</td></tr><tr><td>March</td><td>3.92</td><td>4.13</td></tr></table>
<table><tr><td>1959-April</td><td>4.01</td><td>4.23</td></tr><tr><td>May</td><td>4.08</td><td>4.37</td></tr><tr><td>June</td><td>4.09</td><td>4.46</td></tr><tr><td>July</td><td>4.11</td><td>4.47</td></tr><tr><td>August</td><td>4.10</td><td>4.43</td></tr><tr><td>September</td><td>4.26</td><td>4.52</td></tr><tr><td>October</td><td>4.11 3/</td><td>4.57</td></tr><tr><td>November</td><td>4.12</td><td>4.56</td></tr><tr><td>December</td><td>4.27</td><td>4.58</td></tr><tr><td>1960-January</td><td>4.37</td><td>4.61</td></tr><tr><td>February</td><td>4.22</td><td>4.56</td></tr><tr><td>March</td><td>4.08</td><td>4.49</td></tr><tr><td>April</td><td>4.18 2/</td><td>4.45</td></tr><tr><td>May</td><td>4.16</td><td>4.46</td></tr><tr><td>June</td><td>3.98</td><td>4.45</td></tr><tr><td>July</td><td>3.86</td><td>4.41</td></tr><tr><td>August</td><td>3.79</td><td>4.28</td></tr><tr><td>September</td><td>3.84 2/</td><td>4.25</td></tr><tr><td>October</td><td>3.91</td><td>4.30</td></tr><tr><td>November</td><td>3.93</td><td>4.31</td></tr><tr><td>December</td><td>3.88</td><td>4.35</td></tr><tr><td>1961-January</td><td>3.89</td><td>4.32</td></tr><tr><td>February</td><td>3.81</td><td>4.27</td></tr><tr><td>March</td><td>3.78</td><td>4.22</td></tr><tr><td>April</td><td>3.80</td><td>4.25</td></tr><tr><td>May</td><td>3.73</td><td>4.27</td></tr><tr><td>June</td><td>3.88</td><td>4.33</td></tr><tr><td>July</td><td>3.90</td><td>4.41</td></tr><tr><td>August</td><td>4.00</td><td>4.45</td></tr><tr><td>September</td><td>4.02</td><td>4.45</td></tr><tr><td>October</td><td>3.98</td><td>4.42</td></tr><tr><td>November</td><td>3.98</td><td>4.39</td></tr><tr><td>December</td><td>4.06</td><td>4.42</td></tr><tr><td>1962-January</td><td>4.08</td><td>4.42</td></tr></table>
Weekly series - averages of daily series for weeks ending
<table><tr><td>1961-August</td><td>4..</td><td>3.95</td><td>4.45</td><td>1961-October</td><td>6..</td><td>3.98</td><td>4.43</td><td>1961-December</td><td>1..</td><td>4.01</td><td>4.38</td></tr><tr><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><td></td><td>8..</td><td>4.05</td><td>4.39</td></tr><tr><td></td><td>18..</td><td>4.01</td><td>4.45</td><td></td><td>20..</td><td>3.98</td><td>4.42</td><td></td><td>15..</td><td>4.06</td><td>4.42</td></tr><tr><td></td><td>25..</td><td>4.01</td><td>4.44</td><td></td><td>27..</td><td>3.96</td><td>4.42</td><td></td><td>22..</td><td>4.06</td><td>4.44</td></tr><tr><td>September</td><td>1..</td><td>4.01</td><td>4.44</td><td>November</td><td>3..</td><td>3.95</td><td>4.40</td><td>1962-January</td><td>5..</td><td>4.06</td><td>4.43</td></tr><tr><td></td><td>8..</td><td>4.02</td><td>4.46</td><td></td><td>10..</td><td>3.96</td><td>4.39</td><td></td><td>12..</td><td>4.08</td><td>4.42</td></tr><tr><td></td><td>15..</td><td>4.06</td><td>4.46</td><td></td><td>17..</td><td>4.00</td><td>4.39</td><td></td><td>19..</td><td>4.08</td><td>4.42</td></tr><tr><td></td><td>22..</td><td>4.02</td><td>4.45</td><td></td><td>24..</td><td>3.98</td><td>4.39</td><td></td><td>26..</td><td>4.08</td><td>4.41</td></tr><tr><td></td><td>29..</td><td>3.98</td><td>4.45</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></table>
Daily series - unweighted averages
<table><tr><td>1962-January</td><td>1..</td><td>4/</td><td>4/</td><td>1962-January</td><td>11..</td><td>4.08</td><td>4.42</td><td>1962-January</td><td>22..</td><td>4.07</td><td>4.42</td></tr><tr><td></td><td>2..</td><td>4.07</td><td>4.43</td><td></td><td>12..</td><td>4.08</td><td>4.42</td><td></td><td>23..</td><td>4.08</td><td>4.41</td></tr><tr><td></td><td>3..</td><td>4.06</td><td>4.43</td><td></td><td>15..</td><td>4.09</td><td>4.42</td><td></td><td>24..</td><td>4.08</td><td>4.41</td></tr><tr><td></td><td>4..</td><td>4.05</td><td>4.43</td><td></td><td>16..</td><td>4.09</td><td>4.42</td><td></td><td>25..</td><td>4.09</td><td>4.41</td></tr><tr><td></td><td>5..</td><td>4.06</td><td>4.43</td><td></td><td>17..</td><td>4.08</td><td>4.42</td><td></td><td>26..</td><td>4.09</td><td>4.41</td></tr><tr><td></td><td>8..</td><td>4.07</td><td>4.42</td><td></td><td>18..</td><td>4.08</td><td>4.42</td><td></td><td>29..</td><td>4.10</td><td>4.41</td></tr><tr><td></td><td>9..</td><td>4.07</td><td>4.43</td><td></td><td>19..</td><td>4.08</td><td>4.42</td><td></td><td>30..</td><td>4.10</td><td>4.42</td></tr><tr><td></td><td>10..</td><td>4.08</td><td>4.43</td><td></td><td></td><td></td><td></td><td></td><td>31..</td><td>4.10</td><td>4.42</td></tr></table>
Source: Beginning April 1953, Treasury bond yields are reported to the Treasury by the Federal Reserve Bank of New York, based on closing bid quotations in the over-the-counter market. Yields for prior periods were computed on the basis of mean of closing bid and ask quotations. Moody's Investor Service is the source for the average of Aaa corporate bonds. For definition of taxable bonds, see footnotes to the "Treasury Survey of Ownership" in this issue of the Bulletin. 1/ Series includes bonds which are neither due nor callable before a
given number of years as follows: April 1953 to date, 10 years; April 1952 - March 1953, 12 years; October 1941 - March 1952, 15 years. For bonds currently in the series, see Table 4 under "Market Quotations on Treasury Securities" in this issue of the Bulletin. One or more new long-term bonds added to the average. An existing bond dropped from the average (see footnote 1). Market closed.
AVERAGE YIELDS OF LONG-TERM TREASURY AND CORPORATE BONDS
Monthly Series I
February 1962
77
Monthly averages of daily figures. 21 See footnote 1 to Table I under "Average Yields of Long-Term Bonds."
Office of the Secretary of the Treasury
F-220-M-7
AVERAGE YIELDS OF LONG-TERM BONDS
76
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>Individual income tax not withheld 2/</th><th>Individual income tax withheld 2/</th><th>Old-age and disability insurance 2/</th><th>Railroad retirement</th><th>Unemployment insurance</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>4,218,520</td><td>605,221</td><td>283,882</td></tr><tr><td>1955</td><td>66,288,692</td><td>-</td><td>66,288,692</td><td>18,264,720</td><td>37,869,770</td><td>10,396,480</td><td>21,253,625</td><td>5,339,573</td><td>600,106</td><td>279,986</td></tr><tr><td>1956</td><td>75,109,083</td><td>-3,566 5/</td><td>75,112,649</td><td>21,298,522</td><td>42,633,426</td><td>11,321,966</td><td>24,015,676</td><td>6,336,805</td><td>634,323</td><td>324,656</td></tr><tr><td>1957</td><td>80,171,971</td><td>-</td><td>80,171,971</td><td>21,530,653</td><td>46,610,293</td><td>12,302,229</td><td>26,727,543</td><td>6,634,467</td><td>616,020</td><td>330,034</td></tr><tr><td>1958</td><td>79,978,476</td><td>-</td><td>79,978,476</td><td>20,533,316</td><td>47,212,944</td><td>11,527,648</td><td>27,040,911</td><td>7,733,223</td><td>575,282</td><td>335,880</td></tr><tr><td>1959</td><td>79,797,973</td><td>-</td><td>79,797,973</td><td>18,091,509</td><td>49,588,488</td><td>11,733,369</td><td>29,001,375</td><td>8,004,355</td><td>525,369</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>10,210,550</td><td>606,931</td><td>341,108</td></tr><tr><td>1961</td><td>94,401,086</td><td>-</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>11,586,283</td><td>570,812</td><td>345,356</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>2,156,062</td><td>1,345,659</td><td>12,842</td><td>32,045</td><td></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>77,142</td><td>289,106</td><td></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>47,953</td><td>14,702</td><td></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>14,285</td><td>1,943</td><td></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>77,262</td><td>2,293</td><td></td></tr><tr><td>June.</td><td>12,022,815</td><td>-</td><td>12,022,815</td><td>5,245,769</td><td>5,569,265</td><td>1,943,583</td><td>3,580,056</td><td>44,527</td><td>1,099</td><td></td></tr><tr><td>July.</td><td>3,427,747</td><td>-</td><td>3,427,747</td><td>519,563</td><td>1,785,961</td><td>245,119</td><td>1,525,870</td><td>14,261</td><td>710</td><td></td></tr><tr><td>Aug.</td><td>8,373,396</td><td>-</td><td>8,373,396</td><td>382,280</td><td>6,635,584</td><td>160,611</td><td>6,389,944</td><td>84,163</td><td>865</td><td></td></tr><tr><td>Sept.</td><td>9,945,359</td><td>-</td><td>9,945,359</td><td>3,250,550</td><td>5,563,577</td><td>2,017,145</td><td>3,490,501</td><td>55,296</td><td>635</td><td></td></tr><tr><td>Oct.</td><td>3,506,919</td><td>-</td><td>3,506,919</td><td>407,784</td><td>1,854,657</td><td>216,452</td><td>1,636,124</td><td>1,306</td><td>775</td><td></td></tr><tr><td>Nov.</td><td>7,783,190</td><td>-</td><td>7,783,190</td><td>377,163</td><td>6,156,753</td><td>123,253</td><td>5,956,755</td><td>75,893</td><td>851</td><td></td></tr><tr><td>Dec.</td><td>8,355,057</td><td>-</td><td>8,355,057</td><td>3,322,058</td><td>3,868,610</td><td>428,497</td><td>3,392,830</td><td>46,716</td><td>567</td><td></td></tr></table>
<table><tr><th rowspan="2">Fiscal year or month</th><th rowspan="2">Estate and gift taxes</th><th colspan="7">Excise taxes</th></tr><tr><th>Total excise</th><th>Alcohol</th><th>Tobacco</th><th>Total</th><th>Documents, etc. 6/</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>1,936,527</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>1,492,633</td></tr><tr><td>1956</td><td>1,171,237</td><td>10,004,195</td><td>2,920,574</td><td>1,613,497</td><td>5,501,333</td><td>114,927</td><td>3,777,909</td><td>1,608,497</td></tr><tr><td>1957</td><td>1,377,999</td><td>10,637,544</td><td>2,973,195</td><td>1,674,050</td><td>5,924,062</td><td>107,546</td><td>4,098,006</td><td>1,718,509</td></tr><tr><td>1958</td><td>1,410,925</td><td>10,814,268</td><td>2,946,461</td><td>1,734,021</td><td>6,166,535</td><td>109,452</td><td>4,315,756</td><td>1,741,327</td></tr><tr><td>1959</td><td>1,352,982</td><td>10,759,549</td><td>3,002,096</td><td>1,806,816</td><td>5,884,286</td><td>133,817</td><td>4,314,517</td><td>1,435,953</td></tr><tr><td>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>1,386,829</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>5,294,451</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="2">39,874</td><td rowspan="2">1,403,448</td><td rowspan="2">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>1,082,278</td><td>312,620</td><td>213,016</td><td>614,670</td><td></td><td></td><td></td></tr><tr><td>Apr.</td><td>244,149</td><td>831,358</td><td>230,381</td><td>160,108</td><td>41,180</td><td rowspan="2">41,554</td><td rowspan="2">1,167,210</td><td rowspan="2">361,001</td></tr><tr><td>May</td><td>186,833</td><td>1,072,315</td><td>284,654</td><td>176,424</td><td>1,289,138</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><td></td><td></td><td></td></tr><tr><td>July</td><td>146,726</td><td>977,497</td><td>237,581</td><td>137,430</td><td>94,854</td><td rowspan="2">37,185</td><td rowspan="2">1,378,800</td><td rowspan="2">426,068</td></tr><tr><td>Aug.</td><td>158,216</td><td>1,197,316</td><td>291,600</td><td>146,209</td><td>1,488,397</td></tr><tr><td>Sept.</td><td>147,784</td><td>983,448</td><td>284,338</td><td>168,995</td><td>258,802</td><td></td><td></td><td></td></tr><tr><td>Oct.</td><td>142,194</td><td>1,104,284</td><td>343,809</td><td>183,625</td><td>106,658</td><td rowspan="2">41,487</td><td rowspan="2">1,277,184</td><td rowspan="2">380,222</td></tr><tr><td>Nov.</td><td>126,117</td><td>1,123,156</td><td>342,838</td><td>183,957</td><td>1,367,785</td></tr><tr><td>Dec.</td><td>151,870</td><td>1,015,520</td><td>254,196</td><td>164,628</td><td>224,450</td><td></td><td></td><td></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
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 1950 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 depositaries and the depositary receipts, as evidence of such payments, are attached to quarterly returns to the Internal Revenue Service. Under this procedure, the payments are included in budget receipts
in the month in which the depositary receipts are issued to the taxpayers. Revised accounting procedures effective July 1, 1954,
Monthly figures include social security tax on self-employment income, which is levied and collected as part of the individual income tax. Fiscal year figures exclude this tax, on the basis of estimates (see footnote 3), and it is included under "Old-age and disability insurance."
In Internal Revenue Service reports current collections are not separated as to type of tax; the breakdown shown for fiscal years is based on estimates made in accordance with provisions of Sec. 201 of the Social Security Act, as amended (42 U.S.C. 401), for transfer
Beginning with the fiscal year 1955, collections shown include undistributed depository receipts and unspilled collections. For excise taxes these receipts are included in the total only. Total collections include "Taxes not otherwise classified"
5/ 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 h), but this amount was included in collections reported by the Internal Revenue Service. Beginning with 1957, such collections are excluded also in Internal Revenue Service reports.
6/ Detail is reported by quarters beginning with the fiscal year 1956.
February 1962
79
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
B-165-R
Treasury Bulletin
80
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="8">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</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>29,484</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>27,553</td><td>90</td><td>54</td></tr><tr><td>September.</td><td>32,658</td><td>30,152</td><td>30</td><td>2,074</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</td><td>2,076</td><td>*</td><td>315</td><td>27,739</td><td>89</td><td>54</td></tr><tr><td>November.</td><td>33,538</td><td>30,975</td><td>30</td><td>2,098</td><td>*</td><td>318</td><td>28,336</td><td>89</td><td>54</td></tr><tr><td>December.</td><td>33,918 3/</td><td>31,336</td><td>30</td><td>2,120 5/</td><td>*</td><td>314</td><td>28,731 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>181.92</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>1,474</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>2,406</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>2,445</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>177.03</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><tr><td>November</td><td>2,563</td><td>342</td><td>1,612</td><td>609</td><td>181.32r</td></tr><tr><td>December</td><td>2,582</td><td>346</td><td>1,622</td><td>614</td><td>183.13</td></tr></table>
Source: Circulation Statement of United States Money.
1/ Excludes money held by the Treasury and money held by or for the account of the Federal Reserve Banks and agents.
2/ The following paper currencies are in process of retirement and are 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, Federal Reserve notes issued before the series of 1928, Federal Reserve Bank notes, and national bank notes. 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 irretrievably lost and so will never be presented for redemption.
Highest amount to date.
Issued prior to January 30, 1934.
Includes $30 million issued before July 1, 1929.
Includes $36 million issued prior to the series of 1928.
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 fiscal 1959 the estimates include Alaska, and with fiscal 1960, Hawaii.
Less than $500,000.
February 1962
81
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>3,994.5</td><td>15.5</td></tr><tr><td>1957</td><td>22,622.9</td><td>4,116.6</td><td>15.4</td></tr><tr><td>1958</td><td>21,356.2</td><td>4,306.0</td><td>16.8</td></tr><tr><td>1959</td><td>19,704.8 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>19.9</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>20.1</td></tr><tr><td>February</td><td>17,372.6</td><td>4,362.3</td><td>20.1</td></tr><tr><td>March</td><td>17,388.2</td><td>4,358.3</td><td>20.0</td></tr><tr><td>April</td><td>17,389.9</td><td>4,353.1</td><td>20.0</td></tr><tr><td>May</td><td>17,403.1</td><td>4,350.3</td><td>20.0</td></tr><tr><td>June</td><td>17,550.2</td><td>4,346.5</td><td>19.9</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>20.0</td></tr><tr><td>October</td><td>17,300.4</td><td>4,324.9</td><td>20.0</td></tr><tr><td>November</td><td>16,974.7</td><td>4,311.6r</td><td>20.3r</td></tr><tr><td>December</td><td>16,889.0</td><td>4,308.6</td><td>20.3</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 r Revised.
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</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</td><td>16,889.0</td><td>16,771.2</td><td>117.8</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>17,285.0</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>17,550.2</td><td>17,441.5</td><td>108.7</td></tr><tr><td>July</td><td>17,526.9</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>17,376.0</td><td>17,254.7</td><td>121.3</td></tr><tr><td>October</td><td>17,300.4</td><td>17,184.2</td><td>116.2</td></tr><tr><td>November</td><td>16,974.7</td><td>16,866.0</td><td>108.7</td></tr><tr><td>December</td><td>16,889.0</td><td>16,771.2</td><td>117.8</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 $156.0 million against United States notes and Treasury notes of 1894. 3/ The United States payment of the $433.8 million increase in its gold subscription to the International Monetary Fund, authorized by the act approved June 17, 1959 (22 U.S.C. 286e) was made on June 23, 1959 (see "Budget Receipts and Expenditures," Table 3, footnote 10).
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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="2">In Treasurer's account</th><th colspan="2">Silver outside Treasury</th><th rowspan="2">Total silver at $1.294 per fine ounce</th></tr><tr><th>Silver bullion 2/</th><th>Silver dollars</th><th>Subsidiary coin 3/</th><th>Silver bullion 4/</th><th>Silver dollars 1/</th><th>Subsidiary coin 2/</th></tr><tr><td>1954</td><td>2,171.1</td><td>267.6</td><td>48.0</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>17.9</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>63.0</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>92.3</td><td>269.3</td><td>1,402.6</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>148.3</td><td>285.4</td><td>1,446.2</td><td>4,362.5</td></tr><tr><td>1959</td><td>2,251.4</td><td>182.3</td><td>3.2</td><td>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>88.2</td><td>326.5</td><td>1,576.3</td><td>4,375.6</td></tr><tr><td>1961</td><td>2,237.5</td><td>130.1</td><td>3.6</td><td>24.2</td><td>357.3</td><td>1,650.5</td><td>4,308.6</td></tr><tr><td>1961-January</td><td>2,252.1</td><td>160.3</td><td>4.6</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>79.6</td><td>328.2</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>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>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>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>56.6</td><td>338.4</td><td>1,603.9</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>53.5</td><td>340.4</td><td>1,605.3</td><td>4,343.8</td></tr><tr><td>August</td><td>2,252.3</td><td>144.7</td><td>9.7</td><td>45.3</td><td>342.8</td><td>1,613.4</td><td>4,335.6</td></tr><tr><td>September</td><td>2,252.3</td><td>137.9</td><td>6.5</td><td>39.3</td><td>349.6</td><td>1,619.9</td><td>4,331.5</td></tr><tr><td>October</td><td>2,252.3</td><td>136.2</td><td>5.1</td><td>29.1</td><td>351.3</td><td>1,633.3</td><td>4,324.9</td></tr><tr><td>November</td><td>2,245.9</td><td>133.6</td><td>4.9</td><td>22.5r</td><td>353.9</td><td>1,644.2</td><td>4,311.6r</td></tr><tr><td>December</td><td>2,237.5</td><td>130.1</td><td>3.6</td><td>24.2</td><td>357.3</td><td>1,650.5</td><td>4,308.6</td></tr></table>
Source: Circulation Statement of United States Money; Office of the Treasurer of the United States. Valued at $1.29+ per fine ounce. Includes silver held by certain agencies of the Federal Government.
2/ Valued at $1.38+ per fine ounce.
4/ Includes bullion at cost, bullion valued at $1.29+ per fine ounce held for coinage, and bullion valued at $1.38+ per fine ounce held for recoinage of subsidiary silver coins. r Revised.
February 1962
83
MONETARY STATISTICS
Table 5. - Seigniorage
(Cumulative from January 1, 1935 - in millions of dollars)
<table><tr><th rowspan="2">End of calendar year or month</th><th rowspan="2">Seigniorage on coins (silver and minor) 2/</th><th colspan="5">Sources of seigniorage on silver bullion revalued 1/</th><th rowspan="2">Potential seigniorage on silver bullion at cost in Treasurer's account 3/</th></tr><tr><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></tr><tr><th></th><th></th><th></th><th></th><th></th><th>Froclamation 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>34.7</td><td>16.8</td><td>-</td><td>326.2</td><td>274.9</td></tr><tr><td>1936</td><td>46.1</td><td>48.7</td><td>302.7</td><td>34.7</td><td>36.0</td><td>-</td><td>422.1</td><td>397.5</td></tr><tr><td>1937</td><td>63.7</td><td>48.7</td><td>366.7</td><td>34.7</td><td>58.0</td><td>-</td><td>508.1</td><td>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>758.3</td></tr><tr><td>1939</td><td>91.7</td><td>48.7</td><td>530.7</td><td>34.7</td><td>87.3</td><td>4.2</td><td>705.6</td><td>950.6</td></tr><tr><td>1940</td><td>122.2</td><td>48.7</td><td>562.7</td><td>34.7</td><td>87.6</td><td>25.7</td><td>759.4</td><td>1,055.8</td></tr><tr><td>1941</td><td>182.1</td><td>48.7</td><td>580.4</td><td>34.7</td><td>87.6</td><td>48.3</td><td>799.7</td><td>1,089.0</td></tr><tr><td>1942</td><td>245.7</td><td>48.7</td><td>584.3</td><td>34.7</td><td>87.6</td><td>63.6</td><td>818.9</td><td>1,048.2</td></tr><tr><td>1943</td><td>299.6</td><td>48.7</td><td>584.3</td><td>34.7</td><td>87.6</td><td>65.3</td><td>820.6</td><td>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>559.2</td><td>48.7</td><td>832.2</td><td>34.7</td><td>87.6</td><td>84.6</td><td>1,087.8</td><td>129.9</td></tr><tr><td>1949</td><td>578.7</td><td>48.7</td><td>833.6</td><td>34.7</td><td>87.6</td><td>93.5</td><td>1,098.1</td><td>127.2</td></tr><tr><td>1950</td><td>596.6</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>104.7</td><td>1,109.3</td><td>111.7</td></tr><tr><td>1951</td><td>642.3</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>114.6</td><td>1,119.2</td><td>81.9</td></tr><tr><td>1952</td><td>694.2</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>125.4</td><td>1,130.0</td><td>57.2</td></tr><tr><td>1953</td><td>742.2</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>134.7</td><td>1,139.3</td><td>34.9</td></tr><tr><td>1954</td><td>792.9</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>143.8</td><td>1,148.4</td><td>6.6</td></tr><tr><td>1955</td><td>807.0</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>150.8</td><td>1,155.4</td><td>14.3</td></tr><tr><td>1956</td><td>839.6</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>155.2</td><td>1,159.8</td><td>50.0</td></tr><tr><td>1957</td><td>890.3</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>156.4</td><td>1,161.0</td><td>72.9</td></tr><tr><td>1958</td><td>932.0</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>166.0</td><td>1,170.6</td><td>114.0</td></tr><tr><td>1959</td><td>981.6</td><td>48.7</td><td>833.7</td><td>34.7</td><td>87.6</td><td>167.9</td><td>1,172.5</td><td>98.3</td></tr><tr><td>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</td><td>1,101.7</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>12.6</td></tr><tr><td>1961-July</td><td>1,068.4</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>44.0</td></tr><tr><td>August</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</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</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</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><tr><td>December</td><td>1,101.7</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>12.6</td></tr><tr><td>1962-January</td><td>1,107.9</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>12.6</td></tr></table>
Table 6.- Increment Resulting from the Reduction in the Weight of the Gold Dollar as of December 31, 1961
<table><tr><th></th><th>Allocations of increment</th><th>Charges against increment</th><th>Unexpended balance of increment</th></tr><tr><td>Exchange Stabilization Fund</td><td>$2,000,000,000.00</td><td>$2,000,000,000.00</td><td>-</td></tr><tr><td>Payments to Federal Reserve Banks for industrial loans</td><td>139,299,557.00</td><td>139,299,557.00</td><td>-</td></tr><tr><td>Philippine currency reserve</td><td>23,862,751.00</td><td>23,862,751.00</td><td>-</td></tr><tr><td>Melting losses on gold coin</td><td>2,175,121.93</td><td>1,857,771.96</td><td>$317,349.97</td></tr><tr><td>Retirement of national bank notes</td><td>645,387,965.45</td><td>645,387,965.45</td><td>-</td></tr><tr><td>Unassigned</td><td>8,765,960.73</td><td>-</td><td>8,765,960.73</td></tr><tr><td>Total increment</td><td>2,819,491,356.11</td><td>2,810,408,045.41</td><td>9,083,310.70</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. 3/ The figures in this column are not cumulative; as the amount of bullion held changes, the potential seigniorage thereon changes.
Source: Bureau of Accounts.
1/ The authority, purpose, and amount through 1940 of these allocations are summarized in the 1940 Annual Report of the Secretary of the Treasury, pages 128-30.
2/ Pursuant to Public Law 85-699, approved August 21, 1958 (72 Stat. 698) the $111,753,246.03 unexpended balance of this allocation was covered
into the Treasury as miscellaneous receipts; and the $27,546,310.97 which has been advanced to the Federal Reserve Banks under this allocation was repaid into a special fund from which it was appropriated to the Small Business Administration. Under subsequent legislation (73 Stat. 209) the unused portion of this appropriation was rescinded and the balance, $23,653,582.01, was covered into the Treasury.
84
Treasury Bulletin
EXCHANGE STABILIZATION FUND
Table 1.- Balance Sheets as of June 30, 1961, and September 30, 1961
<table><tr><th></th><th>June 30, 1961</th><th>September 30, 1961</th></tr><tr><td>Assets:</td><td></td><td></td></tr><tr><td>Cash:</td><td></td><td></td></tr><tr><td>Treasurer of the United States, checking accounts.</td><td>$745,020.70</td><td>$1,174,133.50</td></tr><tr><td>Federal Reserve Bank of New York, special account.</td><td>111,866,950.15</td><td>100,734,488.57</td></tr><tr><td>Total cash.</td><td>$12,611,970.85</td><td>$101,908,622.07</td></tr><tr><td>Special account of Secretary of the Treasury with Federal Reserve Bank of New York - Gold.</td><td>2,810,064.16</td><td>81,380,624.28</td></tr><tr><td>Foreign exchange due from foreign banks: 1/</td><td></td><td></td></tr><tr><td>Central Bank of Argentina.</td><td>14,000,000.00</td><td>11,000,000.00</td></tr><tr><td>Banco de Brazil.</td><td>-</td><td>35,000,000.00</td></tr><tr><td>Bank of England.</td><td>25,339,951.81</td><td>-</td></tr><tr><td>Deutsche Bundesbank.</td><td>20,132,000.22</td><td>19,560,052.03</td></tr><tr><td>Netherlands Bank.</td><td>-</td><td>5,069,793.78</td></tr><tr><td>Swiss National Bank.</td><td>64,999,028.28</td><td>15,000,000.00</td></tr><tr><td>Investments in:</td><td></td><td></td></tr><tr><td>U. S. Government securities.</td><td>46,000,000.00</td><td>46,000,000.00</td></tr><tr><td>Foreign securities.</td><td>-</td><td>22,419,790.79</td></tr><tr><td>Accrued interest receivable.</td><td>306,291.55</td><td>173,060.49</td></tr><tr><td>Accounts receivable.</td><td>91,356.15</td><td>44,466.15</td></tr><tr><td>Unamortized premium on U. S. Government securities.</td><td>1,943.28</td><td>1,636.47</td></tr><tr><td>Office equipment and fixtures.</td><td>46,093.27</td><td>46,457.48</td></tr><tr><td>Less allowance for depreciation.</td><td>25,610.34</td><td>26,645.78</td></tr><tr><td>Total assets.</td><td>336,373,089.23</td><td>337,577,857.76</td></tr><tr><td>Liabilities and capital: 2/</td><td></td><td></td></tr><tr><td>Accounts payable:</td><td></td><td></td></tr><tr><td>Vouchers payable.</td><td>162,719.11</td><td>2,267.70</td></tr><tr><td>Employees' payroll allotment account U. S. savings bonds.</td><td>,682.47</td><td>2,547.05</td></tr><tr><td>Miscellaneous.</td><td>231,052.33</td><td>276,983.00</td></tr><tr><td>Total accounts payable.</td><td>36,453.91</td><td>281,797.75</td></tr><tr><td>Unamortized discount on U. S. Government securities.</td><td>9,605.58</td><td>8,452.92</td></tr><tr><td>Capital account.</td><td>2,000,000,000.00</td><td>2,000,000,000.00</td></tr><tr><td>Deduct subscription to International Monetary Fund.</td><td>1,800,000,000.00</td><td>1,800,000,000.00</td></tr><tr><td>Net income (see Table 3).</td><td>135,967,029.74</td><td>200,000,000.00</td></tr><tr><td>Total liabilities and capital.</td><td>336,373,089.23</td><td>337,577,857.76</td></tr></table>
Note: Annual balance sheets for fiscal years 1944 through 1940 appear in the 1940 Annual Report of the Secretary of the Treasury and those for succeeding years appear in subsequent reports. Quarterly balance sheets beginning with that for December 31, 1938, have been published in the Treasury Bulletin.
Excludes foreign exchange transactions for future delivery. For contingent liabilities under outstanding stabilization agreements, see Table 2.
February 1962
85
EXCHANGE STABILIZATION FUND
Table 2.- Current United States Stabilization Agreements, September 30, 1961
<table><tr><th rowspan="2">Country</th><th colspan="3">Date of agreements</th><th colspan="3">Amount</th></tr><tr><th>Original</th><th>Renewal</th><th>Expiration</th><th>Original agreement</th><th>Advances</th><th>Repayments</th></tr><tr><td>Argentina</td><td>Jan. 1, 1957</td><td>Jan. 1, 1960</td><td>Dec. 31, 1961</td><td>$5</td><td>$27</td><td>$24</td></tr><tr><td>Brazil</td><td>May 16, 1961</td><td>-</td><td>May 14, 1963</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Chile</td><td>Feb. 1, 1961</td><td>-</td><td>Feb. 4, 1962</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Costa Rica</td><td>Sept. 6, 1961</td><td>-</td><td>Sept. 1, 1962</td><td>-</td><td>-</td><td>-</td></tr><tr><td>El Salvador</td><td>Jan. 15, 1962</td><td>-</td><td>July 14, 1962</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Mexico</td><td>Jan. 1, 1960</td><td>Jan. 1, 1961</td><td>Dec. 1, 1961</td><td>-</td><td>-</td><td>-</td></tr></table>
Table 3.- Income and Expense
<table><tr><th>Identification</th><th>January 31, 1934, through July 30, 1961</th><th>January 31, 1934, through September 30, 1961</th></tr><tr><td>Income:</td><td></td><td></td></tr><tr><td>Profits on British sterling transactions</td><td>$311,638.4</td><td>$15,688.01</td></tr><tr><td>Profits on French franc transactions</td><td>331,247.6</td><td>351,247.61</td></tr><tr><td>Profits on gold and exchange transactions (including profits from handling charges on gold)</td><td>128,653,292.2</td><td>1,608,687.11</td></tr><tr><td>Profits on silver transactions</td><td>1,177.7</td><td>10,777.27</td></tr><tr><td>Profits on sale of silver billion to Treasury (nationalized)</td><td>3,733,362.2</td><td>3,473,362.29</td></tr><tr><td>Profits on investments</td><td>5,554,630.63</td><td>1,454,630.63</td></tr><tr><td>Interest on investments</td><td>2,709,748.7</td><td>2,100,313.49</td></tr><tr><td>Miscellaneous profits</td><td>1,324,401.7</td><td>1,560,975.02</td></tr><tr><td>Interest earned on foreign balances</td><td>4,179,317.5</td><td>4,327,269.52</td></tr><tr><td>Interest earned on Chinese yuan</td><td>1,975,317.0</td><td>1,975,317.07</td></tr><tr><td>Total income</td><td>164,350,020.47</td><td>166,270,056.08</td></tr><tr><td>Expense:</td><td></td><td></td></tr><tr><td>Personal services</td><td>21,11,13.59</td><td>22,056,553.5</td></tr><tr><td>Travel</td><td>1,185,799.47</td><td>1,286,493.48</td></tr><tr><td>Transportation of things</td><td>1,846,797.6</td><td>1,858,443.46</td></tr><tr><td>Communications</td><td>728,455.92</td><td>732,821.28</td></tr><tr><td>Supplies and materials</td><td>168,547.36</td><td>172,172.03</td></tr><tr><td>Other</td><td>2,358,791.90</td><td>2,875,966.49</td></tr><tr><td>Total expense</td><td>23,378,990.83</td><td>28,982,448.94</td></tr><tr><td>Net income</td><td>135,967,029.7</td><td>137,237,607.09</td></tr></table>
86
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 1/</th><th>Foreign currency holdings</th></tr><tr><th></th><th>Treasury</th><th>Total 2/</th><th></th></tr><tr><td>1953.</td><td>22,030</td><td>22,091</td><td>-</td></tr><tr><td>1954.</td><td>21,713</td><td>21,793</td><td>-</td></tr><tr><td>1955.</td><td>21,690</td><td>21,753</td><td>-</td></tr><tr><td>1956.</td><td>21,949</td><td>22,058</td><td>-</td></tr><tr><td>1957.</td><td>22,781</td><td>22,857</td><td>-</td></tr><tr><td>1958.</td><td>20,534</td><td>20,582</td><td>-</td></tr><tr><td>1959.</td><td>19,456</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.</td><td>16,889</td><td>16,947</td><td>116</td></tr><tr><td>1961-July.</td><td>17,527</td><td>17,590</td><td>105</td></tr><tr><td>August.</td><td>17,451</td><td>17,530</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.</td><td>16,975</td><td>17,021</td><td>127</td></tr><tr><td>December.</td><td>16,889</td><td>16,947</td><td>116</td></tr><tr><td>1962-January p.</td><td>16,815</td><td>16,847</td><td>2/</td></tr></table>
Note: The United States also has certain drawing rights on the International Monetary Fund, in which the United States has a quota of $4,125 million. In accordance with Fund policies, these drawing rights include the right to draw virtually automatically an amount equal to the sum of the United States gold subscription to the Fund ($1,031.2 million) and the Fund's net use of dollars; on January 31, 1962, these two amounts totaled $1,686.8 million. Under appropriate circumstances the United States could draw an additional amount equal to the United States quota.
1/ Includes gold sold to the United States by the International Monetary Fund with the right of repurchase, the proceeds of which are invested by the Fund in U. S. Government securities; as of January 31, 1962, this amounted to $300 million.
2/ 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.
3/ To be published in following issue.
p Preliminary.
February 1962
87
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 1.- Net Capital Movement Between the United States and Foreign Countries
(In millions of dollars; negative figures indicate a net outflow of capital from the United States)
<table><tr><th>Calendar year or month</th><th>Net capital movement</th><th colspan="3">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>-584.3</td><td>-447.9</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>684.1r</td><td>2,319.0r</td><td>1,940.6r</td><td>378.4</td><td>-1,634.9</td><td>-990.2</td><td>-644.7</td></tr><tr><td>1961 p</td><td>43.6</td><td>1,952.0</td><td>1,228.5</td><td>723.4</td><td>-1,908.4</td><td>-1,097.0</td><td>-811.4</td></tr><tr><td>1961-January</td><td>-440.3r</td><td>-402.7r</td><td>-410.1r</td><td>7.3</td><td>-37.6r</td><td>5.6</td><td>-43.2r</td></tr><tr><td>February</td><td>-7.4r</td><td>125.8r</td><td>-144.8r</td><td>270.6</td><td>-133.1r</td><td>-82.6</td><td>-50.5r</td></tr><tr><td>March</td><td>-18.5r</td><td>338.3</td><td>320.3</td><td>18.0</td><td>-356.8r</td><td>-275.7</td><td>-81.1r</td></tr><tr><td>April</td><td>-486.2r</td><td>-202.7r</td><td>-232.4r</td><td>29.6</td><td>-283.5r</td><td>-183.0</td><td>-100.5r</td></tr><tr><td>May</td><td>131.6r</td><td>211.6r</td><td>217.2r</td><td>-5.6</td><td>-80.0r</td><td>26.2</td><td>-100.2r</td></tr><tr><td>June</td><td>369.2r</td><td>418.1r</td><td>424.6r</td><td>-6.5</td><td>-48.9r</td><td>.9</td><td>-43.8r</td></tr><tr><td>July</td><td>137.0r</td><td>291.1r</td><td>266.4r</td><td>24.7r</td><td>-154.1r</td><td>-65.9</td><td>-88.2r</td></tr><tr><td>August</td><td>56.2r</td><td>12.3r</td><td>-142.9r</td><td>155.2</td><td>43.9</td><td>66.6</td><td>-23.7</td></tr><tr><td>September</td><td>248.8r</td><td>306.6r</td><td>309.6r</td><td>-3.0</td><td>-57.8</td><td>-37.8</td><td>-20.0</td></tr><tr><td>October</td><td>137.8</td><td>372.5</td><td>294.3</td><td>78.2</td><td>-234.7</td><td>-186.8</td><td>-47.9</td></tr><tr><td>November p</td><td>185.8</td><td>294.3</td><td>198.3</td><td>95.9</td><td>-108.4</td><td>-28.5</td><td>-79.9</td></tr><tr><td>December p</td><td>-270.5</td><td>186.8</td><td>128.0</td><td>58.8</td><td>-457.3</td><td>-336.0</td><td>-121.3</td></tr></table>
p Preliminary. r Revised.
88
Treasury Bulletin
CAPITAL MOVEMENTS
Section I - Summary by Periods
Table 2.- Short-Term Banking Liabilities to and Claims on Foreigners
Writer's end of period in millions of dollars
<table><tr><th rowspan="2">For the Year to date</th><th colspan="4">Imports into U.S. of foreigners</th><th colspan="4">Exports of U.S. to foreigners</th></tr><tr><th>Tons</th><th>Foreign Affairs</th><th>Other</th><th>International</th><th>Tons</th><th>Foreign Affairs</th><th>Other</th><th>International</th></tr><tr><td>January</td><td>1,544</td><td>1,376</td><td>1,68</td><td>1</td><td>2,252</td><td>1,256</td><td>1,00</td><td>2</td></tr><tr><td>February</td><td>1,622</td><td>1,416</td><td>206</td><td>1</td><td>1,986</td><td>1,771</td><td>215</td><td>1</td></tr><tr><td>March</td><td>1,857</td><td>1,702</td><td>155</td><td>1</td><td>2,467</td><td>2,286</td><td>181</td><td>1</td></tr><tr><td>April</td><td>1,378</td><td>1,201</td><td>177</td><td>1</td><td>1,791</td><td>1,638</td><td>153</td><td>1</td></tr><tr><td>May</td><td>1,470</td><td>1,317</td><td>153</td><td>1</td><td>1,804</td><td>1,647</td><td>157</td><td>1</td></tr><tr><td>June</td><td>1,334</td><td>1,170</td><td>164</td><td>1</td><td>1,795</td><td>1,638</td><td>157</td><td>1</td></tr><tr><td>July</td><td>1,657</td><td>1,501</td><td>156</td><td>1</td><td>1,938</td><td>1,775</td><td>163</td><td>1</td></tr><tr><td>August</td><td>1,777</td><td>1,610</td><td>167</td><td>1</td><td>2,117</td><td>1,924</td><td>193</td><td>1</td></tr><tr><td>September</td><td>1,971</td><td>1,780</td><td>191</td><td>1</td><td>2,294</td><td>2,094</td><td>200</td><td>1</td></tr><tr><td>October</td><td>1,618</td><td>1,443</td><td>175</td><td>1</td><td>1,852</td><td>1,678</td><td>174</td><td>1</td></tr><tr><td>November</td><td>1,926</td><td>1,738</td><td>188</td><td>1</td><td>2,169</td><td>1,962</td><td>207</td><td>1</td></tr><tr><td>December</td><td>1,888</td><td>1,705</td><td>183</td><td>1</td><td>2,195</td><td>2,014</td><td>181</td><td>1</td></tr><tr><td>January</td><td>1,768</td><td>1,600</td><td>168</td><td>1</td><td>1,945</td><td>1,771</td><td>174</td><td>1</td></tr><tr><td>February</td><td>1,742</td><td>1,571</td><td>171</td><td>1</td><td>1,925</td><td>1,764</td><td>161</td><td>1</td></tr><tr><td>March</td><td>1,731</td><td>1,564</td><td>167</td><td>1</td><td>1,872</td><td>1,720</td><td>152</td><td>1</td></tr><tr><td>April</td><td>1,836</td><td>1,657</td><td>179</td><td>1</td><td>1,997</td><td>1,830</td><td>167</td><td>1</td></tr><tr><td>May</td><td>1,818</td><td>1,653</td><td>165</td><td>1</td><td>2,015</td><td>1,850</td><td>165</td><td>1</td></tr><tr><td>June</td><td>1,763</td><td>1,604</td><td>159</td><td>1</td><td>1,954</td><td>1,801</td><td>153</td><td>1</td></tr><tr><td>July</td><td>1,734</td><td>1,586</td><td>148</td><td>1</td><td>1,906</td><td>1,784</td><td>122</td><td>1</td></tr><tr><td>August</td><td>1,783</td><td>1,635</td><td>148</td><td>1</td><td>1,922</td><td>1,795</td><td>127</td><td>1</td></tr><tr><td>September</td><td>1,834</td><td>1,686</td><td>148</td><td>1</td><td>1,946</td><td>1,821</td><td>125</td><td>1</td></tr><tr><td>October</td><td>1,774</td><td>1,635</td><td>139</td><td>1</td><td>1,881</td><td>1,761</td><td>120</td><td>1</td></tr><tr><td>November</td><td>1,849</td><td>1,690</td><td>159</td><td>1</td><td>1,958</td><td>1,809</td><td>149</td><td>1</td></tr><tr><td>December</td><td>1,763</td><td>1,610</td><td>153</td><td>1</td><td>1,914</td><td>1,755</td><td>159</td><td>1</td></tr></table><table><tr><th>For the Year</th><th>Imports into U.S. of foreigners</th><th>Exports of U.S. to foreigners</th></tr><tr><td>Imports</td><td>14,369,777</td><td>14,993,658</td></tr><tr><td>Exports</td><td>10,105,131</td><td>10,146,343</td></tr><tr><td>Balance</td><td>4,264,646</td><td>4,847,315</td></tr></table>
Firm in August 1978 and again in April 1980. Certain amounts previously classified as "other foreign" are included in "Foreign official."
Total $4.2 million representin approved liabilities of foreign official institutions. Preliminary production
Table 3. - Purchases and Sales of Long-Term Domestic Securities by Foreigners
In millions of dollars; negative figures indicate a net outflow or a deficit from the United States
<table><tr><th rowspan="2">a. Date</th><th colspan="3">U. S. Government bonds and notes 1/</th><th colspan="3">Bonds 2/</th><th colspan="3">Corporat and other stocks</th><th colspan="2">Total</th><th rowspan="2">b. Net increase or decrease in securities</th></tr><tr><th>Purchases</th><th>Sales</th><th>No. pur. per share</th><th>Purchases</th><th>Sales</th><th>No. pur. per share</th><th>Purchases</th><th>Sales</th><th>No. pur. per share</th><th>Purchases</th><th>Sales</th></tr><tr><td>1</td><td>30.8.2/</td><td>47.4.2/</td><td>29.7.2/</td><td>3/</td><td>3/</td><td>3/</td><td>4.8.2/</td><td>24.1.2</td><td>21.9.2/</td><td>9,321</td><td>2,153</td><td>1.16</td></tr><tr><td>2</td><td>17.9.</td><td>138.</td><td>5.2/</td><td>1/</td><td>1/</td><td>1/</td><td>1.1.2</td><td>17.4.</td><td>20.9.</td><td>32.7</td><td>1/</td><td>4.7.</td></tr><tr><td>3</td><td>13.6</td><td>17.1.</td><td>4.1/</td><td>1/</td><td>1/</td><td>1/</td><td>1.10.2</td><td>21.4.</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td></tr><tr><td>4</td><td>27.7</td><td>2/</td><td>2.1/</td><td>1/</td><td>1/</td><td>1/</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>78.2</td><td>1,117</td><td>1.11.2</td></tr><tr><td>5</td><td>2.8.2</td><td>2.1.</td><td>61.1/</td><td>1/</td><td>1/</td><td>1/</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>77.3</td><td>1.11.2</td><td>1.11.2</td></tr><tr><td>6</td><td>1.11.2</td><td>1/</td><td>4.1/</td><td>1/</td><td>1/</td><td>1/</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td></tr><tr><td>7</td><td>2.11.2</td><td>1.11.2</td><td>4.1/</td><td>1/</td><td>1/</td><td>1/</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>1,324</td><td>1,107</td><td>1.11.2</td></tr><tr><td>8</td><td>13.11</td><td>7.8.2</td><td>2.1/</td><td>1/</td><td>1/</td><td>1/</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>1,907</td><td>1,107</td><td>1.11.2</td></tr><tr><td>9</td><td>1.12.2</td><td>2.11.2</td><td>2.1/</td><td>1/</td><td>1/</td><td>1/</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>1,227</td><td>1,107</td><td>1.11.2</td></tr><tr><td>10</td><td>15.12</td><td>1.12.2</td><td>1.1/</td><td>1/</td><td>1/</td><td>1/</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td></tr><tr><td>11</td><td>1.1.2</td><td>1.1.2</td><td>20.3</td><td>1.1/</td><td>1.1/</td><td>1.1/</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>1,076</td><td>1,187</td><td>1.11.2</td></tr><tr><td>12</td><td>1.2.2</td><td>1.1.2</td><td>1.1/</td><td>1/</td><td>1/</td><td>1/</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>1,810</td><td>1.11.2</td><td>1.11.2</td></tr><tr><td>13</td><td>1.3.2</td><td>1.2.2</td><td>1.1/</td><td>1/</td><td>1/</td><td>1/</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>4,148</td><td>1,111</td><td>1.11.2</td></tr><tr><td>14</td><td>1.4.2</td><td>1.3.2</td><td>1.1/</td><td>1/</td><td>1/</td><td>1/</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>5,117</td><td>4,954</td><td>1.11.2</td></tr><tr><td>K</td><td>1.1.2</td><td>1.1.2</td><td>1.1/</td><td>1.1/</td><td>1.1/</td><td>1.1/</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>3,218</td><td>1.11.2</td><td>1.11.2</td></tr><tr><td>Total</td><td>6.1</td><td>1.1.2</td><td>1.1/</td><td>1.1/</td><td>1.1/</td><td>1.1/</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>14.1</td><td>4.11.2</td><td>1.11.2</td></tr><tr><td>U</td><td>1.1.2</td><td>1.1.2</td><td>1.1/</td><td>1.1/</td><td>1.1/</td><td>1.1/</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td></tr><tr><td>1</td><td>1.1.2</td><td>1.1.2</td><td>1.1/</td><td>1.1/</td><td>1.1/</td><td>1.1/</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>30.1</td><td>1.11.2</td><td>1.11.2</td></tr><tr><td>2</td><td>1.1.2</td><td>1.1.2</td><td>1.1/</td><td>1.1/</td><td>1.1/</td><td>1.1/</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>4.11.2</td><td>1.11.2</td></tr><tr><td>3</td><td>1.1.2</td><td>1.1.2</td><td>1.1/</td><td>1.1/</td><td>1.1/</td><td>1.1/</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td></tr><tr><td>4</td><td>1.1.2</td><td>1.1.2</td><td>1.1/</td><td>1.1/</td><td>1.1/</td><td>1.1/</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td></tr><tr><td>5</td><td>1.1.2</td><td>1.1.2</td><td>1.1/</td><td>1.1/</td><td>1.1/</td><td>1.1/</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td><td>1.11.2</td></tr></table>
Through 1949 include two entries for the same month.
3. If the 4th, 5th, or 6th floor or 1st, 2nd, or 3rd floor is between two or more windows or balconies.
February 1962
89
CAPITAL MOVEMENTS
Section I - Summary by Periods
Table 4.- Purchases and Sales of Long-Term Foreign Securities by Foreigners
( In millions of dollars; negative total indicates net outflow of capital from the United States)
<table><tr><th rowspan="2">Calendar year or month</th><th colspan="3">Foreign bonds</th><th colspan="3">Foreign stocks</th><th rowspan="2">Total purchases</th><th rowspan="2">Total sales</th><th rowspan="2">Net purchases of foreign securities</th></tr><tr><th>Purchases</th><th>Sales</th><th>Net purchases</th><th>Purchases</th><th>Sales</th><th>Net purchases</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</td><td>1,152.6</td><td>255.5</td></tr><tr><td>1942</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>19.8</td><td>1.5</td><td>40.6</td><td>227.9</td><td>-7.4</td></tr><tr><td>1943</td><td>446.9</td><td>172.2</td><td>78.2</td><td>23.3</td><td>22.1</td><td>4.9</td><td>340.2</td><td>391.9</td><td>77.7</td></tr><tr><td>1944</td><td>314.1</td><td>251.1</td><td>84.1</td><td>37.3</td><td>64.8</td><td>-17.7</td><td>351.4</td><td>402.1</td><td>-40.6</td></tr><tr><td>1945</td><td>313.1</td><td>347.1</td><td>-11.4</td><td>n.a.</td><td>n.a.</td><td>n.a.</td><td>821.2</td><td>561.1</td><td>171.1</td></tr><tr><td>1946</td><td>755.9</td><td>40.4</td><td>66.4</td><td>95.1</td><td>61.0</td><td>14.5</td><td>715.9</td><td>676.8</td><td>19.1</td></tr><tr><td>1947</td><td>662.7</td><td>12.4</td><td>24.8</td><td>81.7</td><td>96.7</td><td>-15.1</td><td>293</td><td>188.2</td><td>94.8</td></tr><tr><td>1948</td><td>11.6</td><td>341.4</td><td>-70.8</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>1949</td><td>321.2</td><td>111.7</td><td>9.8</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>1950</td><td>59.2</td><td>711.1</td><td>-11.0</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>1951</td><td>50.9</td><td>301.7</td><td>-300.0</td><td>293.9</td><td>329.6</td><td>-35.8</td><td>789.1</td><td>1,007.1</td><td>-217.9</td></tr><tr><td>1952</td><td>441.3</td><td>977.4</td><td>-131.1</td><td>310.1</td><td>303.4</td><td>6.8</td><td>852.7</td><td>924.1</td><td>32.2</td></tr><tr><td>1953</td><td>542.7</td><td>61.1</td><td>22.4</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>1954</td><td>792.4</td><td>841.3</td><td>-48.8</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>1955</td><td>693.3</td><td>701.5</td><td>13.9</td><td>744.2</td><td>875.1</td><td>-126.1</td><td>1,355.7</td><td>1,866.8</td><td>-511.1</td></tr><tr><td>1956</td><td>606.5</td><td>991.5</td><td>-385.0</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>1957</td><td>699.0</td><td>1,392.1</td><td>-693.1</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>1958</td><td>989.1</td><td>1,915.1</td><td>-1,22.1</td><td>66.1</td><td>13.8</td><td>-237.7</td><td>1,511.7</td><td>2,261.9</td><td>-749.7</td></tr><tr><td>1959</td><td>345.6</td><td>1,457.6</td><td>-512.0</td><td>0.1</td><td>591.7</td><td>-361.6</td><td>1,392.0</td><td>1,036.7</td><td>-644.7</td></tr><tr><td>1960</td><td>882.9</td><td>1,443.1</td><td>-362.1</td><td>593.8</td><td>955.4</td><td>-361.7</td><td>1,395.7</td><td>2,207.1</td><td>-811.4</td></tr><tr><td>1961 p.</td><td>801.4</td><td>1,251.6</td><td>-444.7</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1961-January</td><td>54.0</td><td>98.8</td><td>-44.8r</td><td>53.1</td><td>51.7</td><td>1.6</td><td>107.1</td><td>150.3r</td><td>-43.2r</td></tr><tr><td>February</td><td>48.3r</td><td>74.4r</td><td>-26.0r</td><td>33.5</td><td>63.0</td><td>-24.5</td><td>86.8r</td><td>137.3r</td><td>-50.5r</td></tr><tr><td>March</td><td>4.9r</td><td>91.1r</td><td>-46.1r</td><td>58.1</td><td>91.1</td><td>-33.0</td><td>101.0r</td><td>182.1r</td><td>-81.1r</td></tr><tr><td>April</td><td>43.7</td><td>48.0r</td><td>-4.4r</td><td>50.2</td><td>96.3</td><td>-46.1</td><td>93.8</td><td>194.3r</td><td>-100.5r</td></tr><tr><td>May</td><td>58.7</td><td>126.1r</td><td>-67.4r</td><td>56.9</td><td>55.6</td><td>-18.7</td><td>115.6</td><td>221.7r</td><td>-106.2r</td></tr><tr><td>June</td><td>63.3r</td><td>94.3r</td><td>-30.9r</td><td>53.5</td><td>72.3</td><td>-18.7</td><td>116.3r</td><td>166.6r</td><td>-44.8r</td></tr><tr><td>July</td><td>50.2</td><td>118.7r</td><td>-68.3r</td><td>35.2</td><td>55.1</td><td>-19.1</td><td>85.4</td><td>173.6r</td><td>-88.2r</td></tr><tr><td>August</td><td>37.4</td><td>36.1</td><td>1.7</td><td>40.7</td><td>64.1</td><td>-24.1</td><td>77.9</td><td>100.6</td><td>-22.7</td></tr><tr><td>September</td><td>225.0</td><td>228.1</td><td>-3.1</td><td>41.2</td><td>58.1</td><td>-16.9</td><td>266.1</td><td>286.2</td><td>-20.0</td></tr><tr><td>October</td><td>51.5</td><td>77.2</td><td>-25.5</td><td>52.9</td><td>75.2</td><td>-22.3</td><td>104.4</td><td>152.4</td><td>-47.9</td></tr><tr><td>November p.</td><td>62.4</td><td>103.6</td><td>-41.1</td><td>54.3</td><td>93.5</td><td>-38.8</td><td>117.2</td><td>197.1</td><td>-79.9</td></tr><tr><td>December p.</td><td>64.4</td><td>105.6</td><td>-41.2</td><td>59.2</td><td>139.2</td><td>-80.1</td><td>123.6</td><td>244.9</td><td>-121.3</td></tr></table>
n.a. Not available. p Preliminary. r Revised.
90
Treasury Bulletin
CAPITAL MOVEMENTS
Section II - Summary by Countries
Table 1.- Short-Term Banking Liabilities to Foreigners
(Position at end of period in millions of dollars)
<table><tr><th>Country</th><th>1958</th><th>1959</th><th>1960</th><th>1961 p</th><th>June</th><th>July</th><th>August</th><th>September</th><th>October</th><th>November p</th><th>December p</th></tr><tr><td colspan="12">Europe:</td></tr><tr><td>Austria</td><td>411.2</td><td>331.4</td><td>243.1</td><td>255.1</td><td>186.8</td><td>194.8</td><td>211.6</td><td>228.1</td><td>227.6</td><td>241.0</td><td>255.1</td></tr><tr><td>Belgium</td><td>115.1</td><td>138.1</td><td>142.0</td><td>328.8</td><td>233.2</td><td>310.1</td><td>300.1</td><td>312.5</td><td>312.1</td><td>331.8</td><td>328.8</td></tr><tr><td>Czechoslovakia</td><td>.6</td><td>.7</td><td>1.0</td><td>.9</td><td>.9</td><td>1.0</td><td>1.0</td><td>1.0</td><td>.9</td><td>.9</td><td>.9</td></tr><tr><td>Denmark</td><td>168.8</td><td>136.5</td><td>54.2</td><td>51.6</td><td>50.1</td><td>35.6</td><td>38.3</td><td>48.2</td><td>55.8</td><td>49.1</td><td>51.6</td></tr><tr><td>Finland</td><td>68.8</td><td>70.9</td><td>46.0</td><td>90.8</td><td>67.1</td><td>77.0</td><td>86.8</td><td>88.7</td><td>91.6</td><td>89.1</td><td>90.8</td></tr><tr><td>France</td><td>532.1</td><td>655.3</td><td>519.0</td><td>988.7</td><td>842.1</td><td>1,011.6</td><td>871.4</td><td>889.5</td><td>887.8</td><td>957.4</td><td>988.7</td></tr><tr><td>Germany, Federal Republic of</td><td>1,754.7</td><td>1,987.3</td><td>3,475.7</td><td>2,841.4</td><td>3,074.9</td><td>2,969.5</td><td>2,791.0</td><td>2,749.6</td><td>2,543.5</td><td>2,530.6</td><td>2,841.4</td></tr><tr><td>Greece</td><td>126.3</td><td>186.3</td><td>63.1</td><td>67.2</td><td>58.9</td><td>58.7</td><td>54.8</td><td>43.2</td><td>43.3</td><td>50.2</td><td>67.2</td></tr><tr><td>Italy</td><td>1,120.8</td><td>1,370.3</td><td>877.1</td><td>1,234.1</td><td>924.9</td><td>1,008.4</td><td>1,098.1</td><td>1,151.4</td><td>1,190.8</td><td>1,203.1</td><td>1,234.1</td></tr><tr><td>Netherlands</td><td>338.7</td><td>485.2</td><td>328.5</td><td>216.9</td><td>270.8</td><td>252.4</td><td>199.6</td><td>223.2</td><td>227.1</td><td>231.2</td><td>216.9</td></tr><tr><td>Norway</td><td>129.6</td><td>95.5</td><td>81.9</td><td>105.2</td><td>104.4</td><td>100.7</td><td>104.6</td><td>10.6</td><td>109.7</td><td>98.6</td><td>105.2</td></tr><tr><td>Poland</td><td>4.9</td><td>4.0</td><td>6.1</td><td>7.2</td><td>6.1</td><td>7.1</td><td>8.3</td><td>6.8</td><td>7.2</td><td>7.3</td><td>7.2</td></tr><tr><td>Portugal</td><td>163.0</td><td>137.5</td><td>83.6</td><td>99.1</td><td>73.1</td><td>79.9</td><td>83.6</td><td>85.9</td><td>88.1</td><td>90.7</td><td>99.3</td></tr><tr><td>Romania</td><td>.9</td><td>.9</td><td>1.1</td><td>1.5</td><td>1.2</td><td>1.2</td><td>1.4</td><td>.9</td><td>1.2</td><td>1.1</td><td>1.5</td></tr><tr><td>Spain</td><td>36.2</td><td>86.1</td><td>148.5</td><td>152.4</td><td>134.6</td><td>133.9</td><td>133.2</td><td>128.4</td><td>132.5</td><td>133.6</td><td>152.4</td></tr><tr><td>Sweden</td><td>303.4</td><td>212.5</td><td>226.6</td><td>406.4</td><td>404.0</td><td>422.9</td><td>387.4</td><td>386.2</td><td>391.5</td><td>379.3</td><td>406.4</td></tr><tr><td>Switzerland</td><td>851.9</td><td>969.3</td><td>678.2</td><td>873.6</td><td>578.9</td><td>551.9</td><td>661.1</td><td>705.2</td><td>689.0</td><td>712.1</td><td>873.6</td></tr><tr><td>Turkey</td><td>20.1</td><td>30.7</td><td>18.4</td><td>25.9</td><td>15.9</td><td>13.4</td><td>16.9</td><td>18.8</td><td>21.3</td><td>27.8</td><td>25.9</td></tr><tr><td>U.S.S.R.</td><td>2.2</td><td>2.6</td><td>12.1</td><td>4.8</td><td>9.0</td><td>6.8</td><td>6.2</td><td>6.9</td><td>6.7</td><td>5.7</td><td>4.8</td></tr><tr><td>United Kingdom</td><td>872.9</td><td>989.6</td><td>1,667.3</td><td>2,225.1</td><td>1,708.6</td><td>1,690.9</td><td>1,430.7</td><td>2,617.1</td><td>2,673.9</td><td>2,502.6</td><td>2,225.1</td></tr><tr><td>Yugoslavia</td><td>9.5</td><td>6.2</td><td>10.0</td><td>11.6</td><td>9.0</td><td>7.0</td><td>7.8</td><td>8.5</td><td>7.6</td><td>9.5</td><td>11.6</td></tr><tr><td>Other Europe</td><td>676.1</td><td>575.7</td><td>362.3</td><td>327.4</td><td>396.6</td><td>365.7</td><td>365.0</td><td>408.8</td><td>401.6</td><td>375.1</td><td>327.4</td></tr><tr><td>Total Europe</td><td>7,707.9</td><td>8,472.6</td><td>9,045.7</td><td>10,315.9</td><td>9,151.1</td><td>9,300.6</td><td>9,858.9</td><td>10,213.5</td><td>10,111.0</td><td>10,027.9</td><td>10,315.9</td></tr><tr><td>Canada</td><td>2,019.2</td><td>2,198.0</td><td>2,438.8</td><td>2,753.9</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><td>3,021.5</td><td>2,753.9</td></tr><tr><td colspan="12">Latin America:</td></tr><tr><td>Argentina</td><td>149.8</td><td>336.8</td><td>315.0</td><td>234.7</td><td>82.8</td><td>277.6</td><td>275.3</td><td>262.5</td><td>245.8</td><td>240.0</td><td>234.7</td></tr><tr><td>Bolivia</td><td>22.2</td><td>24.4</td><td>23.1</td><td>26.2</td><td>21.3</td><td>23.2</td><td>23.5</td><td>22.7</td><td>22.9</td><td>25.1</td><td>26.2</td></tr><tr><td>Brazil</td><td>138.1</td><td>150.7</td><td>194.1</td><td>228.2</td><td>185.9</td><td>231.0</td><td>218.1</td><td>263.3</td><td>254.0</td><td>259.9</td><td>228.2</td></tr><tr><td>Chile</td><td>100.0</td><td>184.5</td><td>135.1</td><td>105.3</td><td>124.1</td><td>115.7</td><td>124.6</td><td>130.0</td><td>96.5</td><td>95.7</td><td>105.3</td></tr><tr><td>Colombia</td><td>168.8</td><td>216.8</td><td>158.3</td><td>146.8</td><td>119.2</td><td>150.0</td><td>133.9</td><td>136.7</td><td>136.8</td><td>130.2</td><td>146.8</td></tr><tr><td>Cuba</td><td>286.5</td><td>163.8</td><td>77.0</td><td>42.5</td><td>57.6</td><td>53.4</td><td>48.7</td><td>45.4</td><td>46.0</td><td>43.7</td><td>42.5</td></tr><tr><td>Dominican Republic</td><td>39.7</td><td>36.9</td><td>36.9</td><td>22.8</td><td>31.3</td><td>32.3</td><td>30.3</td><td>29.1</td><td>26.8</td><td>23.5</td><td>22.8</td></tr><tr><td>Guatemala</td><td>41.6</td><td>37.1</td><td>43.9</td><td>45.8</td><td>58.8</td><td>54.7</td><td>48.7</td><td>45.9</td><td>43.4</td><td>43.2</td><td>45.8</td></tr><tr><td>Mexico</td><td>418.2</td><td>442.4</td><td>397.3</td><td>506.5</td><td>332.7</td><td>338.9</td><td>430.4</td><td>413.2</td><td>403.3</td><td>444.3</td><td>506.5</td></tr><tr><td>Netherlands Antilles and Surinam</td><td>79.4</td><td>87.8</td><td>72.0</td><td>88.8</td><td>89.9</td><td>87.0</td><td>84.3</td><td>87.0</td><td>88.1</td><td>87.3</td><td>88.8</td></tr><tr><td>Panama, Republic of</td><td>146.3</td><td>129.2</td><td>123.0</td><td>86.7</td><td>77.7</td><td>77.3</td><td>77.8</td><td>79.0</td><td>84.2</td><td>84.6</td><td>86.7</td></tr><tr><td>Peru</td><td>77.1</td><td>82.2</td><td>72.2</td><td>84.0</td><td>70.5</td><td>82.6</td><td>86.5</td><td>75.6</td><td>72.5</td><td>77.4</td><td>84.0</td></tr><tr><td>El Salvador</td><td>26.2</td><td>28.0</td><td>24.3</td><td>21.9</td><td>26.7</td><td>31.2</td><td>26.9</td><td>25.9</td><td>28.1</td><td>23.0</td><td>21.9</td></tr><tr><td>Uruguay</td><td>82.4</td><td>61.5</td><td>51.3</td><td>57.0</td><td>50.3</td><td>49.5</td><td>51.6</td><td>48.9</td><td>50.3</td><td>53.1</td><td>57.0</td></tr><tr><td>Venezuela</td><td>494.1</td><td>276.9</td><td>398.2</td><td>416.5</td><td>428.1</td><td>438.6</td><td>366.6</td><td>447.9</td><td>406.0</td><td>416.1</td><td>416.5</td></tr><tr><td>Other Latin America</td><td>133.0</td><td>148.3</td><td>300.6</td><td>291.6</td><td>259.3</td><td>264.1</td><td>249.8</td><td>258.0</td><td>307.0</td><td>296.1</td><td>291.6</td></tr><tr><td>Total Latin America</td><td>2,403.4</td><td>2,407.5</td><td>2,422.4</td><td>2,405.2</td><td>2,216.1</td><td>2,307.1</td><td>2,277.0</td><td>2,371.0</td><td>2,311.6</td><td>2,343.2</td><td>2,405.2</td></tr><tr><td colspan="12">Asia:</td></tr><tr><td>China Mainland</td><td>36.0</td><td>35.8</td><td>34.8</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><td>34.8</td><td>34.6</td></tr><tr><td>Hong Kong</td><td>61.6</td><td>60.0</td><td>57.3</td><td>55.4</td><td>51.8</td><td>52.5</td><td>53.1</td><td>54.7</td><td>58.5</td><td>59.1</td><td>55.4</td></tr><tr><td>India</td><td>77.3</td><td>114.3</td><td>53.9</td><td>77.7</td><td>41.0</td><td>36.7</td><td>77.7</td><td>85.5</td><td>88.4</td><td>87.5</td><td>77.7</td></tr><tr><td>Indonesia</td><td>108.4</td><td>138.6</td><td>178.2</td><td>75.6</td><td>85.5</td><td>74.4</td><td>78.5</td><td>76.6</td><td>92.1</td><td>82.3</td><td>75.6</td></tr><tr><td>Iran</td><td>42.7</td><td>46.6</td><td>22.4</td><td>31.3</td><td>47.5</td><td>32.4</td><td>38.6</td><td>37.4</td><td>33.5</td><td>31.3</td><td>31.3</td></tr><tr><td>Israel</td><td>55.9</td><td>86.5</td><td>74.7</td><td>63.0</td><td>47.5</td><td>51.1</td><td>64.1</td><td>62.2</td><td>64.9</td><td>62.1</td><td>63.0</td></tr><tr><td>Japan</td><td>935.1</td><td>1,285.1</td><td>1,857.5</td><td>1,590.4</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><td>1,531.9</td><td>1,590.4</td></tr><tr><td>Korea, Republic of</td><td>145.5</td><td>147.6</td><td>152.2</td><td>199.5</td><td>167.5</td><td>177.7</td><td>186.3</td><td>193.7</td><td>195.2</td><td>197.7</td><td>199.5</td></tr><tr><td>Philippines</td><td>176.3</td><td>171.5</td><td>202.8</td><td>185.0</td><td>162.8</td><td>182.3</td><td>173.8</td><td>152.1</td><td>133.9</td><td>150.5</td><td>185.0</td></tr><tr><td>Taiwan</td><td>98.7</td><td>94.1</td><td>83.7</td><td>92.0</td><td>80.7</td><td>80.3</td><td>88.8</td><td>90.1</td><td>91.7</td><td>89.8</td><td>92.0</td></tr><tr><td>Thailand</td><td>133.3</td><td>141.2</td><td>185.8</td><td>264.4</td><td>227.5</td><td>231.4</td><td>236.6</td><td>239.6</td><td>240.4</td><td>247.5</td><td>264.4</td></tr><tr><td>Other Asia</td><td>334.6</td><td>458.3</td><td>181.9</td><td>222.9</td><td>211.4</td><td>237.4</td><td>239.8</td><td>220.1</td><td>238.8</td><td>241.6</td><td>222.9</td></tr><tr><td>Total Asia</td><td>2,205.3</td><td>2,779.6</td><td>3,115.3</td><td>2,891.9</td><td>3,141.6</td><td>3,105.1</td><td>3,038.0</td><td>2,896.1</td><td>2,806.8</td><td>2,816.0</td><td>2,891.9</td></tr><tr><td colspan="12">Other countries:</td></tr><tr><td>Australia</td><td>78.9</td><td>110.5</td><td>88.1</td><td>97.8</td><td>83.3</td><td>80.9</td><td>79.2</td><td>86.5</td><td>89.8</td><td>90.9</td><td>97.8</td></tr><tr><td>Congo, Republic of the</td><td>29.8</td><td>31.3</td><td>31.9</td><td>33.9</td><td>29.6</td><td>29.5</td><td>27.4</td><td>42.7</td><td>39.2</td><td>38.5</td><td>33.9</td></tr><tr><td>South Africa</td><td>29.6</td><td>48.7</td><td>29.3</td><td>31.7</td><td>38.7</td><td>39.6</td><td>40.2</td><td>46.0</td><td>45.9</td><td>44.3</td><td>31.7</td></tr><tr><td>United Arab Republic (Egypt)</td><td>16.2</td><td>20.3</td><td>21.9</td><td>14.5</td><td>16.2</td><td>16.0</td><td>21.1</td><td>14.7</td><td>14.6</td><td>12.4</td><td>14.5</td></tr><tr><td>All other</td><td>124.9</td><td>162.1</td><td>181.1</td><td>209.2</td><td>199.0</td><td>196.2</td><td>180.7</td><td>184.8</td><td>192.3</td><td>199.2</td><td>209.2</td></tr><tr><td>Total other countries</td><td>279.3</td><td>372.9</td><td>352.2</td><td>387.2</td><td>366.9</td><td>362.1</td><td>348.5</td><td>374.8</td><td>381.8</td><td>385.3</td><td>387.2</td></tr><tr><td>International</td><td>1,544.0</td><td>3,158.1</td><td>3,954.9</td><td>3,803.8</td><td>3,969.6</td><td>3,983.3</td><td>3,404.1</td><td>3,434.3</td><td>3,714.7</td><td>3,836.0</td><td>3,803.8</td></tr><tr><td>Grand total</td><td>16,159.1</td><td>19,388.7</td><td>21,329.3</td><td>22,557.8</td><td>21,504.1</td><td>21,770.5</td><td>21,627.6</td><td>21,937.2</td><td>22,231.5</td><td>22,429.8</td><td>22,557.8</td></tr></table>
1 Liabilities to countries not regularly reported separately are published annually in Section IV, Table 5. p Preliminary. r Revised.
February 1962
91
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>1958</th><th>1959</th><th>1960</th><th>1961 p</th><th>June</th><th>July</th><th>August</th><th>September</th><th>October</th><th>November p</th><th>December 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>7.1</td><td>4.3</td><td>2.3</td><td>5.0</td><td>2.9</td><td>2.6</td><td>2.7</td><td>2.5</td><td>3.0</td><td>3.9</td><td>5.0</td></tr><tr><td>Belgium</td><td>64.6</td><td>56.3</td><td>65.1</td><td>20.0</td><td>43.0</td><td>43.2</td><td>12.5</td><td>10.4</td><td>11.4</td><td>9.7</td><td>20.0</td></tr><tr><td>Czechoslovakia</td><td>1.7</td><td>1.2</td><td>1.4</td><td>1.2</td><td>1.3</td><td>1.1</td><td>1.8</td><td>1.6</td><td>1.5</td><td>1.0</td><td>1.2</td></tr><tr><td>Denmark</td><td>14.3</td><td>18.1</td><td>13.2</td><td>10.8</td><td>9.3</td><td>9.4</td><td>10.7</td><td>9.8</td><td>12.0</td><td>10.8</td><td>10.8</td></tr><tr><td>Finland</td><td>5.9</td><td>8.4</td><td>9.2</td><td>24.6</td><td>13.9</td><td>14.2</td><td>14.1</td><td>15.8</td><td>19.4</td><td>20.1</td><td>24.6</td></tr><tr><td>France</td><td>102.1</td><td>57.1</td><td>32.0</td><td>40.2</td><td>48.1</td><td>50.2</td><td>41.8</td><td>34.5</td><td>36.7</td><td>40.3</td><td>40.1</td></tr><tr><td>Germany, Federal Republic of</td><td>76.5</td><td>54.0</td><td>81.8</td><td>165.5</td><td>147.5</td><td>141.4</td><td>136.1</td><td>146.5</td><td>140.3</td><td>146.9</td><td>165.5</td></tr><tr><td>Greece</td><td>7.2</td><td>4.8</td><td>6.2</td><td>5.8</td><td>6.6</td><td>8.1</td><td>6.4</td><td>6.8</td><td>6.5</td><td>5.9</td><td>5.8</td></tr><tr><td>Italy</td><td>35.7</td><td>29.7</td><td>34.1</td><td>35.0</td><td>33.4</td><td>35.5</td><td>37.1</td><td>34.1</td><td>33.8</td><td>33.7</td><td>35.0</td></tr><tr><td>Netherlands</td><td>55.6</td><td>38.3</td><td>33.3</td><td>54.4</td><td>45.3</td><td>47.0</td><td>42.6</td><td>45.0</td><td>40.5</td><td>46.1</td><td>54.4</td></tr><tr><td>Norway</td><td>22.2</td><td>7.1</td><td>17.0</td><td>26.3</td><td>11.3</td><td>11.4</td><td>11.2</td><td>13.3</td><td>17.4</td><td>22.8</td><td>26.3</td></tr><tr><td>Poland</td><td>3.5</td><td>3.7</td><td>6.1</td><td>7.6</td><td>7.3</td><td>6.6</td><td>5.3</td><td>6.0</td><td>6.3</td><td>6.2</td><td>7.6</td></tr><tr><td>Portugal</td><td>2.1</td><td>2.1</td><td>3.9</td><td>4.5</td><td>2.8</td><td>1.9</td><td>2.3</td><td>1.9</td><td>3.5</td><td>3.8</td><td>4.5</td></tr><tr><td>Rumania</td><td>-</td><td>-</td><td>-</td><td>*</td><td>*</td><td>*</td><td>*</td><td>*</td><td>*</td><td>4</td><td>*</td></tr><tr><td>Spain</td><td>29.7</td><td>8.4</td><td>7.6</td><td>11.1</td><td>10.9</td><td>7.8</td><td>6.8</td><td>7.1</td><td>6.4</td><td>5.2</td><td>11.1</td></tr><tr><td>Sweden</td><td>24.0</td><td>18.6</td><td>27.9</td><td>35.0</td><td>29.4</td><td>16.9</td><td>15.8</td><td>14.8</td><td>14.8</td><td>17.5</td><td>35.0</td></tr><tr><td>Switzerland</td><td>42.4</td><td>38.4</td><td>59.5</td><td>105.1</td><td>63.9</td><td>64.1</td><td>59.7</td><td>66.7</td><td>72.3</td><td>67.4</td><td>105.1</td></tr><tr><td>Turkey</td><td>72.5</td><td>47.3</td><td>48.8</td><td>16.1</td><td>2.1</td><td>12.2</td><td>21.9</td><td>31.2</td><td>22.6</td><td>9.3</td><td>16.1</td></tr><tr><td>U.S.S.R.</td><td>1</td><td>-</td><td>*</td><td>1</td><td>3.1</td><td>1</td><td>2</td><td>2</td><td>2</td><td>2</td><td>1</td></tr><tr><td>United Kingdom</td><td>123.9</td><td>120.7</td><td>245.3</td><td>180.8</td><td>164.9</td><td>187.4</td><td>133.8</td><td>185.0</td><td>169.5</td><td>188.8</td><td>180.8</td></tr><tr><td>Yugoslavia</td><td>1.9</td><td>2.9</td><td>11.1</td><td>8.6</td><td>16.1</td><td>14.9</td><td>13.6</td><td>8.4</td><td>8.3</td><td>9.0</td><td>8.6</td></tr><tr><td>Other Europe</td><td>5.2</td><td>12.7</td><td>10.9</td><td>9.0</td><td>9.8</td><td>10.9</td><td>9.8</td><td>11.6</td><td>9.0</td><td>9.1</td><td>9.0</td></tr><tr><td>Total Europe</td><td>695.9</td><td>534.0</td><td>716.7</td><td>766.8</td><td>690.9</td><td>687.6</td><td>586.2</td><td>653.0</td><td>634.4</td><td>658.3</td><td>766.8</td></tr><tr><td>Canada</td><td>242.5</td><td>272.3</td><td>421.1</td><td>541.5</td><td>514.1</td><td>492.0</td><td>516.6</td><td>491.3</td><td>618.0</td><td>576.9</td><td>541.5</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>39.8</td><td>59.6</td><td>120.8</td><td>191.6</td><td>142.6</td><td>148.3</td><td>157.6</td><td>159.5</td><td>171.4</td><td>179.1</td><td>191.6</td></tr><tr><td>Bolivia</td><td>3.1</td><td>4.0</td><td>3.9</td><td>5.9</td><td>4.6</td><td>4.7</td><td>7.7</td><td>5.2</td><td>5.0</td><td>5.2</td><td>5.9</td></tr><tr><td>Brazil</td><td>147.5</td><td>117.1</td><td>225.4</td><td>186.3</td><td>182.2</td><td>160.0</td><td>147.4</td><td>179.9</td><td>233.2</td><td>229.6</td><td>186.3</td></tr><tr><td>Chile</td><td>52.1</td><td>59.3</td><td>72.7</td><td>126.9</td><td>114.4</td><td>120.2</td><td>118.7</td><td>116.6</td><td>115.7</td><td>119.2</td><td>126.9</td></tr><tr><td>Colombia</td><td>50.6</td><td>67.9</td><td>80.4</td><td>125.3</td><td>91.3</td><td>90.7</td><td>91.2</td><td>89.6</td><td>87.1</td><td>98.6</td><td>125.3</td></tr><tr><td>Cuba</td><td>166.1</td><td>115.1</td><td>25.5</td><td>19.2</td><td>20.2</td><td>19.5</td><td>20.2</td><td>19.5</td><td>19.0</td><td>19.3</td><td>19.2</td></tr><tr><td>Dominican Republic</td><td>19.1</td><td>28.9</td><td>15.8</td><td>12.7</td><td>13.1</td><td>11.8</td><td>12.6</td><td>12.2</td><td>12.5</td><td>13.5</td><td>12.7</td></tr><tr><td>Guatemala</td><td>11.8</td><td>10.2</td><td>13.7</td><td>19.7</td><td>12.9</td><td>14.0</td><td>16.6</td><td>15.9</td><td>17.1</td><td>18.6</td><td>19.7</td></tr><tr><td>Mexico</td><td>293.0</td><td>290.8</td><td>343.4</td><td>423.2</td><td>326.9</td><td>336.4</td><td>375.2</td><td>383.6</td><td>384.7</td><td>379.7</td><td>423.2</td></tr><tr><td>Netherlands Antilles and Surinam</td><td>5.9</td><td>4.0</td><td>8.5</td><td>13.4</td><td>6.3</td><td>7.9</td><td>8.1</td><td>6.1</td><td>7.8</td><td>6.3</td><td>13.4</td></tr><tr><td>Panama, Republic of</td><td>23.4</td><td>17.9</td><td>22.6</td><td>31.9</td><td>25.6</td><td>25.3</td><td>28.4</td><td>30.2</td><td>30.5</td><td>32.0</td><td>31.9</td></tr><tr><td>Peru</td><td>30.7</td><td>36.0</td><td>44.3</td><td>73.5</td><td>61.3</td><td>63.4</td><td>67.2</td><td>67.7</td><td>71.4</td><td>68.9</td><td>73.5</td></tr><tr><td>El Salvador</td><td>9.8</td><td>14.8</td><td>21.7</td><td>17.1</td><td>12.1</td><td>14.3</td><td>16.9</td><td>15.3</td><td>14.1</td><td>14.2</td><td>17.1</td></tr><tr><td>Uruguay</td><td>51.9</td><td>47.1</td><td>57.0</td><td>54.7</td><td>45.6</td><td>38.0</td><td>38.8</td><td>38.5</td><td>44.7</td><td>52.6</td><td>54.7</td></tr><tr><td>Venezuela</td><td>141.7</td><td>246.7</td><td>234.5</td><td>129.3</td><td>120.7</td><td>119.0</td><td>120.9</td><td>137.2</td><td>124.3</td><td>131.3</td><td>129.3</td></tr><tr><td>Other Latin America</td><td>52.9</td><td>56.7</td><td>65.5</td><td>80.5</td><td>63.3</td><td>71.5</td><td>67.8</td><td>72.1</td><td>73.6</td><td>72.9</td><td>80.5</td></tr><tr><td>Total Latin Americas</td><td>1,099.3</td><td>1,176.1</td><td>1,355.6</td><td>1,511.2</td><td>1,243.2</td><td>1,245.0</td><td>1,295.3</td><td>1,349.0</td><td>1,412.0</td><td>1,441.2</td><td>1,511.2</td></tr><tr><td>Asia:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>China Mainland</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><td>1.7</td></tr><tr><td>Hong Kong</td><td>5.5</td><td>10.4</td><td>9.3</td><td>9.2</td><td>9.4</td><td>9.2</td><td>9.9</td><td>10.4</td><td>8.8</td><td>8.9</td><td>9.2</td></tr><tr><td>India</td><td>4.1</td><td>5.8</td><td>9.2</td><td>8.2</td><td>40.5</td><td>39.8</td><td>9.6</td><td>8.3</td><td>8.3</td><td>8.3</td><td>8.2</td></tr><tr><td>Indonesia</td><td>2</td><td>3</td><td>2</td><td>3</td><td>3</td><td>2</td><td>2</td><td>4</td><td>3</td><td>2</td><td>3</td></tr><tr><td>Iran</td><td>27.3</td><td>29.4</td><td>32.9</td><td>31.2</td><td>47.2</td><td>36.4</td><td>35.7</td><td>34.7</td><td>32.9</td><td>32.9</td><td>31.2</td></tr><tr><td>Israel</td><td>23.3</td><td>14.3</td><td>23.9</td><td>35.7</td><td>32.6</td><td>33.9</td><td>30.7</td><td>30.6</td><td>33.8</td><td>33.9</td><td>35.7</td></tr><tr><td>Japan</td><td>178.6</td><td>323.7</td><td>805.9</td><td>1,444.7</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><td>1,292.2</td><td>1,444.7</td></tr><tr><td>Korea, Republic of</td><td>1.3</td><td>1.2</td><td>2.1</td><td>3.9</td><td>2.8</td><td>2.8</td><td>3.7</td><td>3.3</td><td>3.4</td><td>4.2</td><td>3.9</td></tr><tr><td>Philippines</td><td>66.8</td><td>23.9</td><td>18.6</td><td>114.4</td><td>23.6</td><td>42.1</td><td>36.9</td><td>38.4</td><td>58.4</td><td>86.5</td><td>114.4</td></tr><tr><td>Taiwan</td><td>6.1</td><td>9.0</td><td>7.3</td><td>9.7</td><td>15.4</td><td>13.4</td><td>11.7</td><td>10.1</td><td>11.2</td><td>10.5</td><td>9.7</td></tr><tr><td>Thailand</td><td>12.8</td><td>14.7</td><td>24.0</td><td>34.1</td><td>26.5</td><td>29.7</td><td>28.9</td><td>31.6</td><td>28.3</td><td>31.3</td><td>34.1</td></tr><tr><td>Other Asia</td><td>106.5</td><td>150.7</td><td>117.1</td><td>113.5</td><td>125.8</td><td>124.5</td><td>122.2</td><td>120.8</td><td>128.5</td><td>106.1</td><td>113.5</td></tr><tr><td>Total Asia</td><td>435.1</td><td>585.8</td><td>1,052.2</td><td>1,806.7</td><td>1,598.2</td><td>1,674.3</td><td>1,625.9</td><td>1,578.3</td><td>1,596.8</td><td>1,616.7</td><td>1,806.7</td></tr><tr><td>Other countries:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Australia</td><td>12.8</td><td>17.6</td><td>27.6</td><td>28.8</td><td>25.1</td><td>25.9</td><td>32.4</td><td>26.7</td><td>27.9</td><td>27.0</td><td>28.8</td></tr><tr><td>Congo, Republic of the</td><td>3.7</td><td>3.1</td><td>2.5</td><td>6.0</td><td>3.3</td><td>3.5</td><td>3.5</td><td>3.5</td><td>3.6</td><td>6.1</td><td>6.0</td></tr><tr><td>South Africa</td><td>21.1</td><td>11.8</td><td>11.0</td><td>10.3</td><td>14.8</td><td>24.3</td><td>24.2</td><td>19.1</td><td>15.5</td><td>10.7</td><td>10.3</td></tr><tr><td>United Arab Republic (Egypt)</td><td>2.5</td><td>2.0</td><td>3.2</td><td>13.2</td><td>10.2</td><td>13.4</td><td>13.5</td><td>12.8</td><td>12.3</td><td>11.5</td><td>13.2</td></tr><tr><td>All other</td><td>29.1</td><td>21.3</td><td>24.2</td><td>26.6</td><td>22.6</td><td>22.7</td><td>24.6</td><td>26.1</td><td>26.2</td><td>26.9</td><td>26.6</td></tr><tr><td>Total other countries</td><td>69.2</td><td>55.8</td><td>68.5</td><td>84.9</td><td>76.2</td><td>89.8</td><td>98.2</td><td>88.3</td><td>85.5</td><td>82.2</td><td>84.9</td></tr><tr><td>International</td><td>-</td><td>-</td><td>-</td><td>*</td><td>.1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>*</td></tr><tr><td>Grand total</td><td>2,542.0</td><td>2,624.0</td><td>3,614.2</td><td>4,711.2</td><td>4,122.8</td><td>4,188.7</td><td>4,122.1</td><td>4,159.9</td><td>4,346.7</td><td>4,375.2</td><td>4,711.2</td></tr></table>
1 Excludes convertible currencies held by U. S. monetary authorities. * Less than $50,000. p Preliminary.
92
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 and net outflow of capital from the United States)
<table><tr><th>2 entry</th><th colspan="4">Calendar year</th><th colspan="7">1961</th></tr><tr><th></th><th>1958</th><th>1959</th><th>1960</th><th>1961 p</th><th>June</th><th>July</th><th>August</th><th>September</th><th>October</th><th>November p</th><th>December 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>-1,118</td><td>76</td><td>-4</td><td>778</td><td>133</td><td>30</td><td>-15</td><td>87</td><td>20</td><td>-9</td><td>-81</td></tr><tr><td>Belgium</td><td>-4,495</td><td>5,897</td><td>-1,001</td><td>-1,113</td><td>-74</td><td>-1,064</td><td>-1,721</td><td>791</td><td>-18</td><td>95</td><td>1,252</td></tr><tr><td>Czechoslovakia</td><td>-78</td><td>57,037</td><td>-34,480</td><td>-2,447</td><td>108</td><td>-719</td><td>-124</td><td>-143</td><td>-97</td><td>-654</td><td>-656</td></tr><tr><td>Denmark</td><td>-4,476</td><td>1,000</td><td>-231</td><td>1,572</td><td>-1</td><td>-</td><td>-74</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Finland</td><td>-7</td><td>62,303</td><td>20,039</td><td>20,694</td><td>-1,176</td><td>-604</td><td>-1,18</td><td>1,693</td><td>-1,300</td><td>3,423</td><td>1,111</td></tr><tr><td>France</td><td>1,337</td><td>22,749</td><td>19,345</td><td>22,260</td><td>3,465</td><td>1,561</td><td>153</td><td>3,877</td><td>592</td><td>2,688</td><td>4,611</td></tr><tr><td>Germany, Federal Republic of</td><td>-5,755</td><td>276</td><td>-248</td><td>-756</td><td>135</td><td>-101</td><td>-87</td><td>-14</td><td>3</td><td>-155</td><td>-3</td></tr><tr><td>Greece</td><td>1,871</td><td>6,337</td><td>28,099</td><td>13,858</td><td>-1,71</td><td>-3,327</td><td>-60</td><td>50</td><td>1,694</td><td>772</td><td>1,982</td></tr><tr><td>Italy</td><td>-7,645</td><td>38,327</td><td>-3,143</td><td>18,517</td><td>2,650</td><td>-1,316</td><td>5,746</td><td>1,411</td><td>1,365</td><td>4,664</td><td>643</td></tr><tr><td>Netherlands</td><td>18,703</td><td>24,196</td><td>1,116</td><td>-30,724</td><td>-11,11</td><td>-1,331</td><td>31</td><td>-7,011</td><td>-1,470</td><td>-25</td><td>-982</td></tr><tr><td>Norway</td><td>-26</td><td>-9</td><td>-</td><td>-46</td><td>0</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-31</td><td>-</td></tr><tr><td>Poland</td><td>-2,109</td><td>-142</td><td>10,655</td><td>9,697</td><td>478</td><td>-705</td><td>1,180</td><td>6</td><td>689</td><td>184</td><td>84</td></tr><tr><td>Portugal</td><td>-17</td><td>-17</td><td>4</td><td>-1</td><td>-2</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Spain</td><td>-2,249</td><td>-17</td><td>372</td><td>1,617</td><td>192</td><td>101</td><td>-174</td><td>462</td><td>-6</td><td>143</td><td>34</td></tr><tr><td>Sweden</td><td>4</td><td>42,184</td><td>-23,25</td><td>1,144</td><td>-39,21</td><td>-7</td><td>19,949</td><td>14</td><td>-183</td><td>19,305</td><td>1,912</td></tr><tr><td>Switzerland</td><td>-2,303</td><td>22,642</td><td>139,149</td><td>1,478</td><td>17,049</td><td>-71,19</td><td>-1,462</td><td>1,611</td><td>-3,681</td><td>23,340</td><td>19,621</td></tr><tr><td>Turkey</td><td>46</td><td>991</td><td>143</td><td>423</td><td>-</td><td>71</td><td>-</td><td>24</td><td>8</td><td>-11</td><td>19</td></tr><tr><td>U.S.S.R.</td><td>-12,318</td><td>243,18</td><td>41,367</td><td>-1,359</td><td>18,39</td><td>9,912</td><td>16,53</td><td>-2,926</td><td>-8,396</td><td>-29,121</td><td>-37,101</td></tr><tr><td>United Kingdom</td><td>-26</td><td>-2</td><td>-13</td><td>12</td><td>-</td><td>-</td><td>-71</td><td>-294</td><td>603</td><td>847</td><td>-460</td></tr><tr><td>Yugoslavia</td><td>-3,624</td><td>23,044</td><td>-5,231</td><td>8,147</td><td>863</td><td>-41</td><td>-</td><td>-</td><td>-</td><td>3</td><td>7</td></tr><tr><td>Other Europe</td><td>-40,197</td><td>745,282</td><td>198,182</td><td>225,977</td><td>-10,301</td><td>28,492</td><td>34,121</td><td>-355</td><td>-10,742</td><td>26,113</td><td>-7,628</td></tr><tr><td>Total Europe</td><td>-202,213</td><td>80,696</td><td>-81,890</td><td>-98,393</td><td>-7,617</td><td>-14,925</td><td>-16,312</td><td>-10,196</td><td>-5,891</td><td>-10,861</td><td>-4,149</td></tr><tr><td>Canada</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></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>281</td><td>3,385</td><td>-72</td><td>-816</td><td>200</td><td>4</td><td>-134</td><td>511</td><td>175</td><td>123</td><td>-105</td></tr><tr><td>Bolivia</td><td>-333</td><td>169</td><td>113</td><td>161</td><td>43</td><td>4</td><td>6</td><td>-11</td><td>12</td><td>12</td><td>-21</td></tr><tr><td>Brazil</td><td>-623</td><td>2,147</td><td>2,794</td><td>5,343</td><td>-2,110</td><td>-70</td><td>-707</td><td>537</td><td>-153</td><td>309</td><td>348</td></tr><tr><td>Chile</td><td>-2,601</td><td>-447</td><td>1,762</td><td>918</td><td>537</td><td>10</td><td>52</td><td>342</td><td>-4</td><td>-265</td><td>68</td></tr><tr><td>Colombia</td><td>410</td><td>1,094</td><td>62</td><td>683</td><td>191</td><td>-20</td><td>13</td><td>11</td><td>45</td><td>87</td><td>161</td></tr><tr><td>Costa Rica</td><td>-68,517</td><td>-2,176</td><td>-43,437</td><td>575</td><td>-130</td><td>108</td><td>25</td><td>2</td><td>-9</td><td>-113</td><td>-17</td></tr><tr><td>Dominican Republic</td><td>232</td><td>379</td><td>1,241</td><td>1,805</td><td>116</td><td>191</td><td>-15</td><td>88</td><td>86</td><td>255</td><td>-130</td></tr><tr><td>Guatemala</td><td>1,656</td><td>292</td><td>941</td><td>420</td><td>87</td><td>125</td><td>235</td><td>23</td><td>-51</td><td>-14</td><td>20</td></tr><tr><td>Mexico</td><td>2,561</td><td>1,321</td><td>-990</td><td>3,476</td><td>-205</td><td>437</td><td>-2,039</td><td>985</td><td>-231</td><td>1,201</td><td>396</td></tr><tr><td>Netherlands Antilles and Surinam</td><td>25,746</td><td>19,538</td><td>22,445</td><td>10,393</td><td>-442</td><td>1,000</td><td>-825</td><td>-70</td><td>-957</td><td>-990</td><td>1,124</td></tr><tr><td>Panama, Republic of</td><td>-726</td><td>2,912</td><td>2,948</td><td>8,681</td><td>1,313</td><td>417</td><td>547</td><td>-1,073</td><td>-1</td><td>286</td><td>1,700</td></tr><tr><td>Peru</td><td>-879</td><td>1,449</td><td>533</td><td>467</td><td>267</td><td>186</td><td>-207</td><td>147</td><td>183</td><td>24</td><td>-23</td></tr><tr><td>El Salvador</td><td>-181</td><td>-256</td><td>-265</td><td>-957</td><td>-4</td><td>2</td><td>-3</td><td>-</td><td>2</td><td>18</td><td>-4</td></tr><tr><td>Uruguay</td><td>-5,533</td><td>9,514</td><td>-888</td><td>-1,141</td><td>704</td><td>-159</td><td>-782</td><td>53</td><td>-380</td><td>-591</td><td>-1,649</td></tr><tr><td>Venezuela</td><td>-1,210</td><td>8,841</td><td>4,71</td><td>8,756</td><td>5,55</td><td>-220</td><td>702</td><td>726</td><td>1,036</td><td>338</td><td>940</td></tr><tr><td>Other Latin America</td><td>917</td><td>-1,227</td><td>-506</td><td>198,429</td><td>8,717</td><td>35</td><td>21,656</td><td>570</td><td>93,709</td><td>15,279</td><td>10,066</td></tr><tr><td>Total Latin America</td><td>-46,000</td><td>46,785</td><td>-10,110</td><td>237,193</td><td>12,839</td><td>3,166</td><td>22,644</td><td>5,356</td><td>93,472</td><td>15,959</td><td>12,874</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>-403</td><td>-2</td><td>43</td><td>-148</td><td>10</td><td>-17</td><td>28</td><td>6</td><td>-11</td><td>-35</td><td>1</td></tr><tr><td>Hong Kong</td><td>4,231</td><td>18,454</td><td>9,791</td><td>37,712</td><td>-519</td><td>3,111</td><td>1,855</td><td>329</td><td>913</td><td>5,640</td><td>4,447</td></tr><tr><td>India</td><td>-1,389</td><td>1,044</td><td>39,839</td><td>-41,012</td><td>-3,992</td><td>2,955</td><td>-2,969</td><td>-36</td><td>21</td><td>-3,009</td><td>-2,991</td></tr><tr><td>Indonesia</td><td>58</td><td>1,156</td><td>-1,032</td><td>131</td><td>39</td><td>29</td><td>25</td><td>-39</td><td>-15</td><td>-4</td><td>48</td></tr><tr><td>Iran</td><td>174</td><td>186</td><td>215</td><td>-79</td><td>-35</td><td>40</td><td>7</td><td>1</td><td>17</td><td>-19</td><td>-5</td></tr><tr><td>Israel</td><td>91</td><td>1,281</td><td>-74</td><td>575</td><td>107</td><td>47</td><td>-55</td><td>26</td><td>502</td><td>81</td><td>120</td></tr><tr><td>Japan</td><td>-572</td><td>981</td><td>558</td><td>-13</td><td>59</td><td>33</td><td>17</td><td>-27</td><td>-52</td><td>-9</td><td>-55</td></tr><tr><td>Korea, Republic of</td><td>-2</td><td>22</td><td>9</td><td>34</td><td>15</td><td>18</td><td>-5</td><td>2</td><td>1</td><td>-</td><td>-</td></tr><tr><td>Philippines</td><td>-1,993</td><td>505</td><td>-1,347</td><td>-8</td><td>24</td><td>92</td><td>-14</td><td>201</td><td>17</td><td>39</td><td>-630</td></tr><tr><td>Taiwan</td><td>-1,091</td><td>-1,357</td><td>-1,504</td><td>-230</td><td>-65</td><td>5</td><td>-96</td><td>-201</td><td>-5</td><td>149</td><td>1</td></tr><tr><td>Thailand</td><td>58</td><td>-369</td><td>99</td><td>154</td><td>53</td><td>13</td><td>-</td><td>49</td><td>-12</td><td>50</td><td>-26</td></tr><tr><td>Other Asia</td><td>3,542</td><td>23,832</td><td>536</td><td>4,338</td><td>365</td><td>357</td><td>15</td><td>368</td><td>269</td><td>-179</td><td>316</td></tr><tr><td>Total Asia</td><td>-2,704</td><td>45,733</td><td>47,133</td><td>1,454</td><td>-3,739</td><td>6,683</td><td>-1,152</td><td>679</td><td>1,645</td><td>2,704</td><td>1,276</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>150</td><td>-323</td><td>-648</td><td>805</td><td>-23</td><td>48</td><td>26</td><td>-97</td><td>448</td><td>112</td><td>15</td></tr><tr><td>Congo, Republic of the</td><td>48</td><td>45</td><td>62</td><td>12</td><td>3</td><td>-</td><td>-</td><td>-</td><td>8</td><td>-</td><td>-4</td></tr><tr><td>South Africa</td><td>129</td><td>187</td><td>769</td><td>65</td><td>33</td><td>3</td><td>-2</td><td>-59</td><td>17</td><td>-4</td><td>37</td></tr><tr><td>United Arab Republic (Egypt)</td><td>105</td><td>44</td><td>-191</td><td>27</td><td>6</td><td>-15</td><td>-</td><td>-</td><td>3</td><td>-2</td><td>6</td></tr><tr><td>All other</td><td>-786</td><td>18,881</td><td>-13,331</td><td>2,348</td><td>352</td><td>93</td><td>-11</td><td>451</td><td>73</td><td>73</td><td>87</td></tr><tr><td>Total other countries</td><td>-450</td><td>18,834</td><td>-13,339</td><td>3,257</td><td>371</td><td>129</td><td>13</td><td>295</td><td>549</td><td>179</td><td>145</td></tr><tr><td>International</td><td>283,453</td><td>187,023</td><td>238,440</td><td>353,983</td><td>1,946</td><td>1,167</td><td>115,876</td><td>1,218</td><td>-818</td><td>61,848</td><td>56,321</td></tr><tr><td>Grand total</td><td>-4,703</td><td>1,124,353</td><td>378,416</td><td>723,431</td><td>-6,501</td><td>24,712</td><td>155,190</td><td>-3,003</td><td>78,214</td><td>95,942</td><td>58,839</td></tr></table>
P Preliminary
- Revised.
February 1962
93
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>1958</th><th>1959</th><th>1960</th><th>1961</th><th>June</th><th>July</th><th>August</th><th>September</th><th>October</th><th>November</th><th>December</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>-18,018</td><td>-137</td><td>137</td><td>-8,511</td><td>-2</td><td>-4</td><td>-1,11</td><td>1,18</td><td>1,04</td><td>1</td><td>-1,18</td></tr><tr><td>Belgium</td><td>21,299</td><td>7,500</td><td>14,38</td><td>-21,78</td><td>541</td><td>4,9</td><td>-1,11</td><td>-1,18</td><td>-1,04</td><td>-4</td><td>-1,008</td></tr><tr><td>Czechoslovakia</td><td>-1</td><td>-</td><td>-</td><td>-48</td><td>-587</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Denmark</td><td>3,256</td><td>-13,630</td><td>177</td><td>-14,51</td><td>8</td><td>-41</td><td>1,1</td><td>-1</td><td>-1</td><td>-12</td><td>-82</td></tr><tr><td>Finland</td><td>1,102</td><td>1,021</td><td>3,282</td><td>-1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>France</td><td>18,91</td><td>-93,465</td><td>10,32</td><td>-1,91</td><td>-1,167</td><td>1,7</td><td>-4,7</td><td>-1,1</td><td>-4,1</td><td>-1,1</td><td>-1,1</td></tr><tr><td>Germany, Federal Republic of</td><td>99,082</td><td>47,539</td><td>-1,71</td><td>-27,76</td><td>-1,167</td><td>1,7</td><td>-4,7</td><td>-1,1</td><td>-4,1</td><td>-1,1</td><td>-1,1</td></tr><tr><td>Greece</td><td>-912</td><td>-552</td><td>-1,50</td><td>-1</td><td>-</td><td>-</td><td>-90</td><td>-1,1</td><td>-4,1</td><td>-1,1</td><td>-1,1</td></tr><tr><td>Italy</td><td>7,345</td><td>-35,37</td><td>26,968</td><td>-1,77</td><td>595</td><td>-1,04</td><td>81</td><td>1,3</td><td>-18</td><td>-401</td><td>4,1</td></tr><tr><td>Netherlands</td><td>-234,094</td><td>-3,18</td><td>87,64</td><td>-4,11</td><td>2,97</td><td>1,6</td><td>4,9</td><td>-4,1</td><td>-1,1</td><td>-1,1</td><td>1,1</td></tr><tr><td>Norway</td><td>-10,25</td><td>1,449</td><td>-6,81</td><td>11</td><td>-84</td><td>1,87</td><td>4,9</td><td>1,4</td><td>-1</td><td>1,1</td><td>1,1</td></tr><tr><td>Poland</td><td>-7</td><td>4,7</td><td>1,1</td><td>24</td><td>-</td><td>-7</td><td>-11</td><td>-1</td><td>1,8</td><td>6,3</td><td>-4</td></tr><tr><td>Portugal</td><td>1,513</td><td>4,7</td><td>1,1</td><td>24</td><td>-</td><td>-7</td><td>-11</td><td>-1</td><td>1,8</td><td>6,3</td><td>-4</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>-57</td><td>-73</td><td>1,1</td><td>24</td><td>-48</td><td>-2,1</td><td>-11</td><td>1,1</td><td>1,8</td><td>6,3</td><td>-4</td></tr><tr><td>Sweden</td><td>6,1</td><td>-10,1</td><td>1,1</td><td>24</td><td>-36</td><td>-1,1</td><td>-1,1</td><td>1,1</td><td>1,8</td><td>6,3</td><td>-4</td></tr><tr><td>Switzerland</td><td>92,200</td><td>51,384</td><td>5,871</td><td>-1,745</td><td>-1,167</td><td>1,08</td><td>-2,128</td><td>1,66</td><td>1,1</td><td>1,1</td><td>3,2</td></tr><tr><td>Turkey</td><td>-16</td><td>3,36</td><td>10</td><td>-126</td><td>3</td><td>2</td><td>-1</td><td>-</td><td>1</td><td>-</td><td>-4</td></tr><tr><td>U.S.S.R.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>United Kingdom</td><td>-7,801</td><td>17,76</td><td>-1,384</td><td>-57,35</td><td>-2,46</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>Yugoslavia</td><td>24</td><td>4,0</td><td>500</td><td>5,1</td><td>-</td><td>-</td><td>-</td><td>-1,1</td><td>-1,1</td><td>-1,1</td><td>1,1</td></tr><tr><td>Other Europe</td><td>-26,268</td><td>9,348</td><td>-35,339</td><td>4,1</td><td>-1,11</td><td>4,1</td><td>1,1</td><td>1,1</td><td>1,1</td><td>1,1</td><td>51</td></tr><tr><td>Total Europe</td><td>-72,072</td><td>-49,714</td><td>-117,32</td><td>-27,92</td><td>-17,063</td><td>1,899</td><td>-1,116</td><td>-1,742</td><td>-1,121</td><td>-2,109</td><td>-83,857</td></tr><tr><td>Canada</td><td>-543,274</td><td>-443,009</td><td>-195,84</td><td>-109,31</td><td>-19,826</td><td>-68,145</td><td>-17,878</td><td>7,42</td><td>-6,121</td><td>-14,138</td><td>-8,102</td></tr><tr><td>Latin America:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Argentina</td><td>-442</td><td>-92</td><td>3,15</td><td>-1,2</td><td>-315</td><td>-154</td><td>-143</td><td>1,8</td><td>-1,1</td><td>-1,1</td><td>-178</td></tr><tr><td>Bolivia</td><td>69</td><td>2</td><td>4,1</td><td>-1,84</td><td>-</td><td>-</td><td>-</td><td>1,8</td><td>1,1</td><td>1,1</td><td>-3,3</td></tr><tr><td>Brazil</td><td>4,972</td><td>7,804</td><td>2,80</td><td>1,6</td><td>1,3</td><td>1,1</td><td>3,6</td><td>4,1</td><td>6,5</td><td>8,2</td><td>314</td></tr><tr><td>Chile</td><td>812</td><td>2,291</td><td>631</td><td>1,89</td><td>144</td><td>1,1</td><td>1,1</td><td>1,7</td><td>1,4</td><td>1,1</td><td>504</td></tr><tr><td>Colombia</td><td>-4,21</td><td>2,4,37</td><td>4,168</td><td>345</td><td>699</td><td>1,84</td><td>1,1</td><td>1,1</td><td>1,8</td><td>1,1</td><td>110</td></tr><tr><td>Cuba</td><td>-152</td><td>-588</td><td>-5,551</td><td>-1,1</td><td>-5</td><td>-14</td><td>-</td><td>1</td><td>-</td><td>-7,8</td><td>-6</td></tr><tr><td>Dominican Republic</td><td>-80</td><td>12</td><td>61</td><td>1,2</td><td>-</td><td>-</td><td>4,1</td><td>5</td><td>1,1</td><td>1,1</td><td>15</td></tr><tr><td>Guatemala</td><td>-60</td><td>21</td><td>2</td><td>46</td><td>9</td><td>4</td><td>11</td><td>1,6</td><td>1,1</td><td>6</td><td>-</td></tr><tr><td>Mexico</td><td>17,060</td><td>507</td><td>-53,597</td><td>-4,1,4</td><td>-43</td><td>4,5</td><td>2,85</td><td>1,4,4</td><td>-1,1,1</td><td>-1,1,72</td><td>-4,52</td></tr><tr><td>Netherlands Antilles and Surinam</td><td>1,547</td><td>1,790</td><td>3,492</td><td>11,8</td><td>549</td><td>3,56</td><td>-1,1</td><td>-1,394</td><td>8,27</td><td>-8,1</td><td>2,5</td></tr><tr><td>Panama, Republic of</td><td>-13,669</td><td>-3,599</td><td>-34,45</td><td>1,280</td><td>-64</td><td>-1,17</td><td>-1,1</td><td>4</td><td>1,1</td><td>4</td><td>3,7</td></tr><tr><td>Peru</td><td>-4,43</td><td>-1,34</td><td>-1,760</td><td>3,2</td><td>1,9</td><td>10,2</td><td>5,1</td><td>1,57</td><td>100</td><td>100</td><td>2</td></tr><tr><td>El Salvador</td><td>-7,03</td><td>2,44</td><td>-1,080</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Uruguay</td><td>3,52</td><td>1,91</td><td>-3,034</td><td>-2,590</td><td>-813</td><td>1,9</td><td>-2,1</td><td>-1,7</td><td>4,0</td><td>3,8</td><td>1,5</td></tr><tr><td>Venezuela</td><td>2,22</td><td>1,321</td><td>6,88</td><td>-1,7,1</td><td>-2,10</td><td>1,4</td><td>1,4</td><td>-2,6</td><td>3,6</td><td>4,3</td><td>7,5</td></tr><tr><td>Other Latin America</td><td>-10,266</td><td>-4,905</td><td>-26,634</td><td>-3,7,6</td><td>595</td><td>5,6</td><td>2,7</td><td>-9,26</td><td>-4,0</td><td>1,1,72</td><td>298</td></tr><tr><td>Total Latin America</td><td>4,858</td><td>11,245</td><td>-107,431</td><td>-66,271</td><td>3,122</td><td>5,01</td><td>5,81</td><td>2,394</td><td>1,1,08</td><td>-8,919</td><td>6,01</td></tr><tr><td>Asia:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>China Mainland</td><td>8</td><td>54</td><td>-52</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Hong Kong</td><td>28,318</td><td>15,283</td><td>1,513</td><td>-3,169</td><td>-11,8</td><td>-6,27</td><td>5,1</td><td>-1,61</td><td>-2,6</td><td>-8,1</td><td>-1,1</td></tr><tr><td>India</td><td>-50</td><td>1,51</td><td>-1,5</td><td>1,4</td><td>10</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2</td></tr><tr><td>Indonesia</td><td>42</td><td>24</td><td>2,6</td><td>-8</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-3</td></tr><tr><td>Iran</td><td>1,015</td><td>-30</td><td>-2,117</td><td>-1,962</td><td>3</td><td>-</td><td>-</td><td>-1,1,7</td><td>-</td><td>1</td><td>3</td></tr><tr><td>Israel</td><td>-46,677</td><td>-50,536</td><td>-4,113</td><td>-55,552</td><td>-6,225</td><td>-3,820</td><td>-2,318</td><td>-1,126</td><td>-3,907</td><td>-7,4</td><td>-8,514</td></tr><tr><td>Japan</td><td>598</td><td>-32,736</td><td>7,63</td><td>-50,300</td><td>15,958</td><td>-8,85</td><td>-3,97</td><td>-1,814</td><td>-20,509</td><td>-6,066</td><td>6,1</td></tr><tr><td>Korea, Republic of</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Philippines</td><td>-693</td><td>1,782</td><td>1,879</td><td>6,0</td><td>9</td><td>1,3</td><td>3,3</td><td>-7</td><td>3</td><td>-2</td><td>-</td></tr><tr><td>Taiwan</td><td>-52</td><td>-370</td><td>-3</td><td>-4,52</td><td>-4,53</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Thailand</td><td>-1,85</td><td>-955</td><td>5,53</td><td>-1,37</td><td>-</td><td>3</td><td>-</td><td>3,50</td><td>-1</td><td>-</td><td>-</td></tr><tr><td>Other Asia</td><td>-27,167</td><td>-29,326</td><td>4,939</td><td>-2,586</td><td>33</td><td>1,6</td><td>2,2</td><td>-1,739</td><td>-7,28</td><td>-3,8</td><td>-9,7</td></tr><tr><td>Total Asia</td><td>-44,843</td><td>-96,654</td><td>-40,627</td><td>-114,086</td><td>9,217</td><td>-5,300</td><td>-2,609</td><td>-6,661</td><td>-25,161</td><td>-14,030</td><td>-8,663</td></tr><tr><td>Other countries:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Australia</td><td>-44,434</td><td>-18,166</td><td>-43,094</td><td>-28,883</td><td>-2,056</td><td>-25,517</td><td>4,62</td><td>-4,521</td><td>1,97</td><td>3,38</td><td>2,4</td></tr><tr><td>Congo, Republic of the</td><td>-16,099</td><td>-6</td><td>-1,6</td><td>8</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>South Africa</td><td>-66,917</td><td>9,067</td><td>8,535</td><td>-24,381</td><td>-8,083</td><td>-4,4,1</td><td>-1,3</td><td>-16,938</td><td>4,63</td><td>7,37</td><td>9,4,10</td></tr><tr><td>United Arab Republic (Egypt)</td><td>-</td><td>3,56</td><td>-1,869</td><td>4</td><td>260</td><td>1</td><td>3</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>All other</td><td>-22,175</td><td>-5,554</td><td>-19,4,1</td><td>-19,4,1</td><td>260</td><td>52</td><td>60</td><td>-8,4,0</td><td>-1,2</td><td>-18,9,74</td><td>3,37</td></tr><tr><td>Total other countries</td><td>-149,625</td><td>-15,015</td><td>-36,444</td><td>-72,693</td><td>-9,879</td><td>-29,905</td><td>5,12</td><td>-22,299</td><td>6,48</td><td>-17,899</td><td>5,993</td></tr><tr><td>International</td><td>-557,576</td><td>-156,583</td><td>-147,046</td><td>1,291</td><td>-15,387</td><td>2,753</td><td>5,923</td><td>3,797</td><td>-4,778</td><td>9,51</td><td>-7,266</td></tr><tr><td>Grand total</td><td>-1,362,532</td><td>-749,730</td><td>-644,717</td><td>-811,390</td><td>-49,816</td><td>-88,197</td><td>-22,687</td><td>-19,997</td><td>-47,926</td><td>-79,904</td><td>-121,294</td></tr></table>
p Preliminary. r Revised.
94
Treasury Bulletin
CAPITAL MOVEMENTS
Section III - Preliminary Details by Countries
Table 1.- Short-Term Banking Liabilities To Foreigners as of December 31, 1961
(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>255,084</td><td>250,720</td><td>246,014</td><td>-</td><td>4,706</td><td>4,352</td><td>4,339</td><td>-</td><td>13</td><td>12</td></tr><tr><td>Belgium</td><td>328,788</td><td>288,010</td><td>241,704</td><td>12,695</td><td>33,611</td><td>39,637</td><td>36,536</td><td>43</td><td>3,058</td><td>1,141</td></tr><tr><td>Czechoslovakia</td><td>851</td><td>590</td><td>459</td><td>-</td><td>131</td><td>261</td><td>261</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Denmark</td><td>51,565</td><td>44,457</td><td>19,635</td><td>23,200</td><td>1,622</td><td>7,055</td><td>6,724</td><td>314</td><td>17</td><td>53</td></tr><tr><td>Finland</td><td>90,819</td><td>89,518</td><td>51,448</td><td>37,300</td><td>770</td><td>1,301</td><td>1,301</td><td>-</td><td>-</td><td>-</td></tr><tr><td>France</td><td>988,694</td><td>937,302</td><td>464,843</td><td>631,589</td><td>40,870</td><td>48,925</td><td>43,802</td><td>3,059</td><td>2,064</td><td>2,467</td></tr><tr><td>Germany, Federal Republic of</td><td>2,841,431</td><td>1,790,366</td><td>437,340</td><td>2,072,900</td><td>480,126</td><td>49,034</td><td>42,947</td><td>2,093</td><td>3,994</td><td>2,031</td></tr><tr><td>Greece</td><td>67,200</td><td>53,201</td><td>30,153</td><td>23,000</td><td>48</td><td>13,999</td><td>13,999</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Italy</td><td>1,234,123</td><td>1,205,961</td><td>174,148</td><td>855,063</td><td>176,750</td><td>26,390</td><td>22,705</td><td>2,940</td><td>745</td><td>1,772</td></tr><tr><td>Netherlands</td><td>216,900</td><td>195,233</td><td>125,016</td><td>56,300</td><td>10,317</td><td>24,524</td><td>21,031</td><td>785</td><td>2,708</td><td>143</td></tr><tr><td>Norway</td><td>105,153</td><td>72,759</td><td>60,994</td><td>5,500</td><td>6,469</td><td>32,082</td><td>31,507</td><td>169</td><td>406</td><td>112</td></tr><tr><td>Poland</td><td>7,205</td><td>6,755</td><td>6,735</td><td>-</td><td>430</td><td>440</td><td>440</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Portugal</td><td>99,283</td><td>54,961</td><td>61,402</td><td>-</td><td>1,454</td><td>34,316</td><td>32,220</td><td>216</td><td>1,880</td><td>6</td></tr><tr><td>Rumania</td><td>1,507</td><td>1,264</td><td>1,206</td><td>-</td><td>-</td><td>243</td><td>243</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Spain</td><td>152,356</td><td>130,208</td><td>123,121</td><td>-</td><td>7,087</td><td>21,998</td><td>20,264</td><td>31</td><td>1,702</td><td>150</td></tr><tr><td>Sweden</td><td>406,435</td><td>397,316</td><td>114,227</td><td>253,000</td><td>26,089</td><td>8,939</td><td>8,491</td><td>395</td><td>53</td><td>180</td></tr><tr><td>Switzerland</td><td>873,625</td><td>711,173</td><td>410,737</td><td>119,068</td><td>181,368</td><td>107,303</td><td>71,040</td><td>13,898</td><td>22,365</td><td>55,149</td></tr><tr><td>Turkey</td><td>25,936</td><td>24,406</td><td>24,397</td><td>-</td><td>9</td><td>1,530</td><td>1,510</td><td>-</td><td>20</td><td>-</td></tr><tr><td>U.S.S.R.</td><td>4,931</td><td>4,639</td><td>4,551</td><td>-</td><td>88</td><td>192</td><td>192</td><td>-</td><td>-</td><td>-</td></tr><tr><td>United Kingdom</td><td>2,225,997</td><td>1,850,256</td><td>936,161</td><td>856,994</td><td>57,102</td><td>329,035</td><td>117,234</td><td>85,520</td><td>126,281</td><td>45,806</td></tr><tr><td>Yugoslavia</td><td>11,591</td><td>10,796</td><td>9,661</td><td>-</td><td>1,135</td><td>795</td><td>795</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other Europe</td><td>327,398</td><td>297,253</td><td>67,080</td><td>75,847</td><td>154,326</td><td>10,520</td><td>10,158</td><td>-</td><td>362</td><td>19,625</td></tr><tr><td>Total Europe</td><td>10,315,872</td><td>9,424,354</td><td>3,211,232</td><td>5,022,455</td><td>1,196,667</td><td>762,871</td><td>487,739</td><td>109,454</td><td>165,668</td><td>128,647</td></tr><tr><td>Canada</td><td>2,753,857</td><td>2,465,526</td><td>1,759,804</td><td>696,151</td><td>9,476</td><td>279,206</td><td>217,967</td><td>29,121</td><td>32,118</td><td>9,125</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>234,661</td><td>165,254</td><td>147,193</td><td>17,000</td><td>1,061</td><td>69,352</td><td>67,015</td><td>34</td><td>2,303</td><td>55</td></tr><tr><td>Bolivia</td><td>26,168</td><td>9,347</td><td>9,346</td><td>-</td><td>1</td><td>16,818</td><td>16,768</td><td>13</td><td>37</td><td>3</td></tr><tr><td>Brazil</td><td>228,154</td><td>96,102</td><td>85,900</td><td>-</td><td>10,112</td><td>131,943</td><td>125,153</td><td>235</td><td>6,555</td><td>109</td></tr><tr><td>Chile</td><td>105,294</td><td>54,366</td><td>54,080</td><td>-</td><td>286</td><td>50,886</td><td>50,404</td><td>114</td><td>568</td><td>42</td></tr><tr><td>Colombia</td><td>146,804</td><td>75,974</td><td>74,444</td><td>200</td><td>1,330</td><td>70,819</td><td>70,117</td><td>3</td><td>699</td><td>11</td></tr><tr><td>Cuba</td><td>42,533</td><td>2,070</td><td>2,070</td><td>-</td><td>-</td><td>40,463</td><td>40,298</td><td>95</td><td>70</td><td>-</td></tr><tr><td>Dominican Republic</td><td>22,835</td><td>6,384</td><td>6,338</td><td>-</td><td>46</td><td>16,451</td><td>16,205</td><td>57</td><td>189</td><td>-</td></tr><tr><td>Guatemala</td><td>45,773</td><td>28,232</td><td>19,261</td><td>2,300</td><td>6,671</td><td>17,541</td><td>17,307</td><td>65</td><td>169</td><td>-</td></tr><tr><td>Mexico</td><td>506,498</td><td>331,936</td><td>255,078</td><td>42,100</td><td>34,858</td><td>174,152</td><td>170,228</td><td>513</td><td>3,411</td><td>410</td></tr><tr><td>Netherlands Antilles & Surinam</td><td>88,827</td><td>54,960</td><td>37,458</td><td>6,972</td><td>10,030</td><td>34,739</td><td>27,417</td><td>1,046</td><td>4,276</td><td>28</td></tr><tr><td>Panama, Republic of</td><td>86,663</td><td>12,751</td><td>11,347</td><td>-</td><td>1,404</td><td>73,911</td><td>69,356</td><td>970</td><td>3,585</td><td>1</td></tr><tr><td>Peru</td><td>83,953</td><td>34,261</td><td>34,078</td><td>-</td><td>183</td><td>49,614</td><td>47,368</td><td>-</td><td>2,246</td><td>78</td></tr><tr><td>El Salvador</td><td>21,936</td><td>5,684</td><td>4,143</td><td>500</td><td>1,041</td><td>16,252</td><td>16,252</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Uruguay</td><td>56,952</td><td>27,726</td><td>25,243</td><td>-</td><td>2,483</td><td>24,198</td><td>25,892</td><td>250</td><td>3,056</td><td>28</td></tr><tr><td>Venezuela</td><td>410,529</td><td>182,383</td><td>182,116</td><td>-</td><td>267</td><td>233,841</td><td>230,870</td><td>806</td><td>2,105</td><td>305</td></tr><tr><td>Other Latin America</td><td>291,611</td><td>179,256</td><td>111,377</td><td>30,951</td><td>26,928</td><td>108,972</td><td>96,708</td><td>5,226</td><td>7,038</td><td>3,383</td></tr><tr><td>Total Latin America</td><td>2,405,191</td><td>1,265,786</td><td>1,069,472</td><td>99,613</td><td>96,701</td><td>1,134,952</td><td>1,089,358</td><td>9,487</td><td>36,107</td><td>4,453</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>34,645</td><td>28,903</td><td>28,820</td><td>83</td><td>-</td><td>5,742</td><td>5,736</td><td>6</td><td>-</td><td>-</td></tr><tr><td>Hong Kong</td><td>55,394</td><td>29,594</td><td>24,915</td><td>-</td><td>4,679</td><td>25,651</td><td>24,726</td><td>-</td><td>925</td><td>141</td></tr><tr><td>Indis</td><td>77,710</td><td>71,661</td><td>28,948</td><td>37,800</td><td>4,513</td><td>5,816</td><td>5,489</td><td>300</td><td>27</td><td>633</td></tr><tr><td>Indonesia</td><td>75,632</td><td>72,892</td><td>61,886</td><td>10,830</td><td>176</td><td>2,740</td><td>2,740</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Iran</td><td>31,342</td><td>24,998</td><td>22,920</td><td>-</td><td>2,078</td><td>6,340</td><td>6,340</td><td>-</td><td>-</td><td>4</td></tr><tr><td>Irael</td><td>63,015</td><td>58,276</td><td>34,724</td><td>3,150</td><td>20,402</td><td>4,739</td><td>4,716</td><td>-</td><td>23</td><td>15</td></tr><tr><td>Japan</td><td>1,590,440</td><td>1,471,719</td><td>1,148,923</td><td>324,710</td><td>98,086</td><td>18,706</td><td>18,241</td><td>192</td><td>273</td><td>-</td></tr><tr><td>Korea, Republic of</td><td>199,462</td><td>198,346</td><td>195,691</td><td>150</td><td>2,105</td><td>1,116</td><td>1,116</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Philippines</td><td>184,986</td><td>164,805</td><td>151,309</td><td>-</td><td>3,446</td><td>20,062</td><td>19,475</td><td>348</td><td>239</td><td>119</td></tr><tr><td>Taiwan</td><td>91,963</td><td>84,894</td><td>84,348</td><td>10</td><td>636</td><td>7,069</td><td>7,069</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Thailand</td><td>264,442</td><td>261,726</td><td>72,418</td><td>181,811</td><td>7,741</td><td>2,702</td><td>2,693</td><td>-</td><td>9</td><td>20</td></tr><tr><td>Other Asia</td><td>22,905</td><td>180,346</td><td>121,751</td><td>44,224</td><td>20,421</td><td>35,336</td><td>34,480</td><td>76</td><td>780</td><td>1,173</td></tr><tr><td>Total Asia</td><td>2,891,936</td><td>2,753,804</td><td>1,976,553</td><td>602,758</td><td>174,831</td><td>136,019</td><td>132,821</td><td>922</td><td>2,276</td><td>2,117</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>97,843</td><td>92,134</td><td>50,591</td><td>18,600</td><td>2,343</td><td>3,485</td><td>3,474</td><td>11</td><td>-</td><td>2,224</td></tr><tr><td>Long. Republic of</td><td>33,860</td><td>3,624</td><td>25,033</td><td>-</td><td>7,591</td><td>1,236</td><td>1,027</td><td>-</td><td>209</td><td>-</td></tr><tr><td>Uth Africa</td><td>31,726</td><td>28,027</td><td>27,655</td><td>-</td><td>372</td><td>2,978</td><td>2,877</td><td>100</td><td>1</td><td>721</td></tr><tr><td>United Arab Republic (Egypt)</td><td>14,523</td><td>13,754</td><td>11,976</td><td>485</td><td>1,293</td><td>567</td><td>567</td><td>-</td><td>-</td><td>202</td></tr><tr><td>All Other</td><td>209,202</td><td>171,037</td><td>141,275</td><td>21,658</td><td>4,104</td><td>36,466</td><td>34,958</td><td>10</td><td>1,498</td><td>1,699</td></tr><tr><td>Total other countries</td><td>387,154</td><td>337,576</td><td>256,530</td><td>64,743</td><td>16,303</td><td>44,732</td><td>42,903</td><td>121</td><td>1,708</td><td>4,846</td></tr><tr><td>International</td><td>3,803,775</td><td>3,803,730</td><td>390,601</td><td>3,405,001</td><td>7,718</td><td>45</td><td>-</td><td>45</td><td>-</td><td>-</td></tr><tr><td>Grand total</td><td>22,557,785</td><td>20,250,776</td><td>8,064,287</td><td>9,891,131</td><td>1,495,358</td><td>2,357,825</td><td>1,970,788</td><td>149,160</td><td>237,877</td><td>149,184</td></tr></table>
February 1962
95
CAPITAL MOVEMENTS
Section III - Preliminary Details by Countries
Table 2.- Short-Term Banking Claims on Foreigners as of December 31, 1961
(Position in thousands of dollars)
<table><tr><th rowspan="2">Country</th><th rowspan="2">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>Total</th><th>Loans to 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>5,015</td><td>4,860</td><td>1,499</td><td>499</td><td>1,652</td><td>1,210</td><td>155</td><td>155</td><td>-</td></tr><tr><td>Belgium</td><td>19,964</td><td>17,206</td><td>3,872</td><td>3,210</td><td>7,228</td><td>2,896</td><td>2,758</td><td>2,729</td><td>29</td></tr><tr><td>Czechoslovakia</td><td>1,205</td><td>1,205</td><td>1,142</td><td>2</td><td>61</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Denmark</td><td>10,824</td><td>9,844</td><td>269</td><td>2,409</td><td>2,814</td><td>4,352</td><td>980</td><td>980</td><td>-</td></tr><tr><td>Finland</td><td>24,646</td><td>24,588</td><td>621</td><td>56</td><td>1,892</td><td>22,019</td><td>58</td><td>58</td><td>-</td></tr><tr><td>France</td><td>40,211</td><td>37,018</td><td>3,263</td><td>5,903</td><td>12,121</td><td>15,731</td><td>3,193</td><td>3,126</td><td>67</td></tr><tr><td>Germany, Federal Republic of</td><td>165,493</td><td>140,436</td><td>38,242</td><td>50,205</td><td>25,784</td><td>26,205</td><td>25,057</td><td>24,397</td><td>660</td></tr><tr><td>Greece</td><td>5,835</td><td>5,835</td><td>370</td><td>1,650</td><td>3,773</td><td>42</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Italy</td><td>35,014</td><td>30,125</td><td>6,512</td><td>5,773</td><td>13,290</td><td>4,550</td><td>4,889</td><td>4,576</td><td>313</td></tr><tr><td>Netherlands</td><td>54,354</td><td>46,536</td><td>6,023</td><td>28,536</td><td>10,518</td><td>1,459</td><td>7,818</td><td>7,737</td><td>21</td></tr><tr><td>Norway</td><td>26,295</td><td>25,213</td><td>2,044</td><td>911</td><td>2,475</td><td>19,783</td><td>1,082</td><td>555</td><td>527</td></tr><tr><td>Poland</td><td>7,627</td><td>7,627</td><td>-</td><td>691</td><td>1,059</td><td>5,877</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Portugal</td><td>4,540</td><td>4,484</td><td>2,267</td><td>2</td><td>1,727</td><td>488</td><td>56</td><td>56</td><td>-</td></tr><tr><td>Romania</td><td>4</td><td>4</td><td>4</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Spain</td><td>11,113</td><td>10,587</td><td>3,196</td><td>1,598</td><td>1,991</td><td>3,802</td><td>526</td><td>525</td><td>1</td></tr><tr><td>Sweden</td><td>34,975</td><td>17,723</td><td>2,112</td><td>460</td><td>6,333</td><td>8,818</td><td>17,252</td><td>17,230</td><td>22</td></tr><tr><td>Switzerland</td><td>105,076</td><td>40,615</td><td>9,824</td><td>18,768</td><td>6,911</td><td>5,112</td><td>64,461</td><td>48,326</td><td>16,135</td></tr><tr><td>Turkey</td><td>16,104</td><td>16,099</td><td>13,253</td><td>25</td><td>2,821</td><td>139</td><td>5</td><td>5</td><td>-</td></tr><tr><td>U.S.S.R.</td><td>141</td><td>141</td><td>1</td><td>-</td><td>-</td><td>1</td><td>-</td><td>-</td><td>-</td></tr><tr><td>United Kingdom</td><td>180,814</td><td>65,202</td><td>20,555</td><td>3,102</td><td>14,847</td><td>26,698</td><td>115,612</td><td>82,505</td><td>33,107</td></tr><tr><td>Yugoslavia</td><td>8,553</td><td>8,553</td><td>4,870</td><td>703</td><td>2,108</td><td>872</td><td>-</td><td>-</td><td>4</td></tr><tr><td>Other Europe</td><td>8,997</td><td>8,460</td><td>833</td><td>4,052</td><td>2,963</td><td>612</td><td>537</td><td>533</td><td>-</td></tr><tr><td>Total Europe</td><td>766,800</td><td>522,361</td><td>120,772</td><td>128,555</td><td>122,507</td><td>150,527</td><td>244,439</td><td>193,553</td><td>50,886</td></tr><tr><td>Canada</td><td>541,544</td><td>292,264</td><td>9,095</td><td>205,655</td><td>12,418</td><td>65,096</td><td>249,280</td><td>106,276</td><td>143,004</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>191,553</td><td>181,524</td><td>29,041</td><td>23,756</td><td>45,188</td><td>83,539</td><td>10,029</td><td>9,371</td><td>658</td></tr><tr><td>Bolivia</td><td>5,907</td><td>5,904</td><td>108</td><td>207</td><td>5,048</td><td>541</td><td>3</td><td>3</td><td>-</td></tr><tr><td>Brazil</td><td>186,269</td><td>151,036</td><td>37,480</td><td>29,505</td><td>26,761</td><td>57,290</td><td>35,33</td><td>35,018</td><td>215</td></tr><tr><td>Chile</td><td>126,934</td><td>126,794</td><td>47,831</td><td>26,963</td><td>16,031</td><td>35,969</td><td>140</td><td>21</td><td>119</td></tr><tr><td>Colombia</td><td>125,252</td><td>125,236</td><td>28,902</td><td>11,077</td><td>26,681</td><td>58,576</td><td>16</td><td>15</td><td>1</td></tr><tr><td>Cuba</td><td>19,181</td><td>19,149</td><td>-</td><td>1,614</td><td>17,532</td><td>3</td><td>32</td><td>19</td><td>13</td></tr><tr><td>Dominican Republic</td><td>12,721</td><td>12,721</td><td>4,700</td><td>1,185</td><td>5,524</td><td>1,312</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Guatemala</td><td>19,726</td><td>19,715</td><td>3,148</td><td>1,155</td><td>7,753</td><td>7,659</td><td>11</td><td>-</td><td>11</td></tr><tr><td>Mexico</td><td>423,224</td><td>418,286</td><td>178,200</td><td>76,664</td><td>36,244</td><td>127,178</td><td>4,938</td><td>3,572</td><td>1,366</td></tr><tr><td>Netherlands Antilles and Surinam</td><td>13,449</td><td>13,437</td><td>5,334</td><td>5,761</td><td>2,334</td><td>8</td><td>12</td><td>-</td><td>12</td></tr><tr><td>Panama, Republic of</td><td>31,853</td><td>31,805</td><td>764</td><td>20,841</td><td>5,999</td><td>4,201</td><td>48</td><td>22</td><td>26</td></tr><tr><td>Peru</td><td>73,496</td><td>73,400</td><td>4,117</td><td>11,180</td><td>25,147</td><td>32,956</td><td>96</td><td>29</td><td>67</td></tr><tr><td>El Salvador</td><td>17,084</td><td>17,079</td><td>328</td><td>913</td><td>5,582</td><td>10,256</td><td>5</td><td>-</td><td>5</td></tr><tr><td>Uruguay</td><td>54,711</td><td>54,705</td><td>6,822</td><td>4,191</td><td>5,659</td><td>38,033</td><td>6</td><td>6</td><td>-</td></tr><tr><td>Venezuela</td><td>129,342</td><td>127,455</td><td>14,091</td><td>23,842</td><td>71,897</td><td>17,625</td><td>1,887</td><td>600</td><td>1,287</td></tr><tr><td>Other Latin America</td><td>80,508</td><td>80,145</td><td>4,108</td><td>23,283</td><td>30,277</td><td>22,477</td><td>363</td><td>335</td><td>28</td></tr><tr><td>Total Latin America</td><td>1,511,210</td><td>1,458,391</td><td>364,974</td><td>262,137</td><td>333,657</td><td>497,623</td><td>52,819</td><td>49,011</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></tr><tr><td>China Mainland</td><td>1,674</td><td>1,669</td><td>1,668</td><td>-</td><td>1</td><td>-</td><td>5</td><td>5</td><td>-</td></tr><tr><td>Hong Kong</td><td>9,203</td><td>9,193</td><td>2,964</td><td>2,523</td><td>2,621</td><td>1,085</td><td>10</td><td>10</td><td>-</td></tr><tr><td>India</td><td>8,202</td><td>7,654</td><td>1,419</td><td>364</td><td>5,141</td><td>730</td><td>548</td><td>37</td><td>311</td></tr><tr><td>Indonesia</td><td>262</td><td>262</td><td>-</td><td>-</td><td>262</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Iran</td><td>31,223</td><td>30,456</td><td>2,347</td><td>12</td><td>26,813</td><td>1,284</td><td>767</td><td>764</td><td>3</td></tr><tr><td>Israel</td><td>35,742</td><td>35,742</td><td>3,495</td><td>4,197</td><td>3,632</td><td>24,418</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Japan</td><td>1,444,722</td><td>1,413,065</td><td>289,581</td><td>6,714</td><td>117,701</td><td>999,069</td><td>31,657</td><td>31,641</td><td>16</td></tr><tr><td>Korea, Republic of</td><td>3,891</td><td>3,891</td><td>9</td><td>-</td><td>3,882</td><td>-</td><td>3</td><td>3</td><td>-</td></tr><tr><td>Philippines</td><td>114,407</td><td>114,404</td><td>105,872</td><td>1,208</td><td>642</td><td>6,682</td><td>3</td><td>-</td><td>-</td></tr><tr><td>Taiwan</td><td>9,720</td><td>9,720</td><td>2,358</td><td>2</td><td>1,079</td><td>6,281</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Thailand</td><td>34,140</td><td>34,140</td><td>13,434</td><td>1,806</td><td>2,960</td><td>15,941</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other Asia</td><td>113,512</td><td>113,302</td><td>80,256</td><td>8,507</td><td>21,012</td><td>3,437</td><td>210</td><td>118</td><td>92</td></tr><tr><td>Total Asia</td><td>1,806,698</td><td>1,773,498</td><td>503,403</td><td>25,422</td><td>185,746</td><td>1,058,927</td><td>33,200</td><td>32,778</td><td>422</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>28,790</td><td>25,167</td><td>841</td><td>2,438</td><td>12,989</td><td>8,894</td><td>3,623</td><td>1,711</td><td>1,912</td></tr><tr><td>Congo, Republic of the</td><td>6,029</td><td>6,029</td><td>4,428</td><td>6</td><td>1,595</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>South Africa</td><td>10,290</td><td>8,684</td><td>76</td><td>112</td><td>8,364</td><td>132</td><td>1,606</td><td>1,527</td><td>79</td></tr><tr><td>United Arab Republic (Egypt)</td><td>13,184</td><td>13,025</td><td>6,028</td><td>4</td><td>806</td><td>6,187</td><td>159</td><td>159</td><td>-</td></tr><tr><td>All Other</td><td>26,636</td><td>26,129</td><td>4,181</td><td>4,203</td><td>15,862</td><td>1,883</td><td>507</td><td>183</td><td>324</td></tr><tr><td>Total other countries</td><td>84,929</td><td>79,034</td><td>15,554</td><td>6,763</td><td>39,616</td><td>17,101</td><td>5,895</td><td>3,580</td><td>2,315</td></tr><tr><td>International</td><td>4</td><td>4</td><td>4</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Grand total</td><td>4,711,185</td><td>4,125,552</td><td>1,013,802</td><td>628,532</td><td>693,944</td><td>1,789,274</td><td>585,633</td><td>385,198</td><td>200,435</td></tr></table>
1/ Excludes convertible currencies held by U. S. monetary authorities
96
Treasury Bulletin
CAPITAL MOVEMENTS
Section III - Preliminary Details by Countries
Table 3.- Purchases and Sales of Long-Term Securities by Foreigners During December 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 colspan="2">Corporate and other</th><th>Foreign securities</th><th>Total sales</th><th>U.S. Government bonds and notes</th><th colspan="2">Corporate and other</th><th>Foreign securities</th></tr><tr><th></th><th></th><th></th><th>Bonds</th><th>Stocks</th><th>Bonds</th><th>Stocks</th><th></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><td></td><td></td></tr><tr><td>Austria</td><td>14,714</td><td>-</td><td>808</td><td>3,706</td><td>1,34</td><td>5,1</td><td>4,319</td><td>-</td><td>155</td><td>3,084</td><td>37,628</td><td>50,133</td></tr><tr><td>Belgium</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>724</td><td>-</td><td>-</td><td>739</td><td>15</td><td>-</td></tr><tr><td>Czecho-Slovakia</td><td>1,11</td><td>-</td><td>-</td><td>71</td><td>-</td><td>-</td><td>19</td><td>-</td><td>-</td><td>27</td><td>-</td><td>-</td></tr><tr><td>Denmark</td><td>1,75</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Finland</td><td>4,148</td><td>24</td><td>61</td><td>6,118</td><td>1,411</td><td>1,201</td><td>24,21</td><td>11</td><td>339</td><td>14,167</td><td>5,6</td><td>9,39</td></tr><tr><td>France</td><td>1,811</td><td>-</td><td>61</td><td>8,118</td><td>4,42</td><td>1,131</td><td>2,171</td><td>2</td><td>131</td><td>1,407</td><td>541</td><td>7,71</td></tr><tr><td>Germany, Federal Republic of</td><td>-</td><td>-</td><td>11</td><td>4,334</td><td>1,38</td><td>-</td><td>1,41</td><td>2</td><td>-</td><td>2,391</td><td>20</td><td>1,3</td></tr><tr><td>Greece</td><td>1,26</td><td>-</td><td>11</td><td>4,334</td><td>1,38</td><td>-</td><td>1,41</td><td>2</td><td>-</td><td>2,391</td><td>20</td><td>1,3</td></tr><tr><td>Italy</td><td>1,41</td><td>4</td><td>41</td><td>1,71</td><td>30</td><td>1,15</td><td>2,91</td><td>-</td><td>-</td><td>1,22</td><td>789</td><td>8,8</td></tr><tr><td>Netherlands</td><td>1,11</td><td>-</td><td>1</td><td>309</td><td>-</td><td>14</td><td>1,11</td><td>11</td><td>6</td><td>1,1</td><td>74</td><td>1</td></tr><tr><td>Norway</td><td>1,1</td><td>-</td><td>9</td><td>141</td><td>11</td><td>1</td><td>1</td><td>-</td><td>-</td><td>5</td><td>48</td><td>-</td></tr><tr><td>Poland</td><td>1,1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Portugal</td><td>1,1</td><td>-</td><td>9</td><td>141</td><td>11</td><td>1</td><td>1</td><td>-</td><td>-</td><td>5</td><td>48</td><td>-</td></tr><tr><td>Romania</td><td>1,1</td><td>-</td><td>1</td><td>137</td><td>11</td><td>1</td><td>1</td><td>-</td><td>-</td><td>1,4</td><td>621</td><td>27</td></tr><tr><td>Spain</td><td>1,1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>411</td></tr><tr><td>Sweden</td><td>4,703</td><td>4,18</td><td>1,14</td><td>4,43</td><td>1,1</td><td>1,4</td><td>4,1</td><td>344</td><td>1,1</td><td>1,48</td><td>1,14</td><td>8,1</td></tr><tr><td>Switzerland</td><td>11,1</td><td>44</td><td>-</td><td>1,1</td><td>-</td><td>4,1</td><td>1,1</td><td>1,174</td><td>4,1</td><td>7,167</td><td>5,772</td><td>8,1</td></tr><tr><td>Turkey</td><td>1,1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,1</td><td>-</td><td>-</td><td>1,1</td><td>5</td><td>-</td></tr><tr><td>U.S.S.R.</td><td>1,1</td><td>-</td><td>1</td><td>1,1</td><td>-</td><td>1,1</td><td>1,1</td><td>-</td><td>-</td><td>1,1</td><td>1,1</td><td>1,1</td></tr><tr><td>United Kingdom</td><td>1,1</td><td>1</td><td>1</td><td>4,1</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><td>2,584</td><td>44,81</td></tr><tr><td>Yugoslavia</td><td>1,1</td><td>1</td><td>21</td><td>2,1</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><td>24</td><td>58</td></tr><tr><td>Other Europe</td><td>1,1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total Europe</td><td>21,28</td><td>7,304</td><td>7,66</td><td>34,14</td><td>27,84</td><td>13,24</td><td>14</td><td>2,157</td><td>5,122</td><td>180,623</td><td>49,32</td><td>90,77</td></tr><tr><td>Canada</td><td>17,481</td><td>3,309</td><td>15,12</td><td>33,773</td><td>10,206</td><td>23,349</td><td>17,1</td><td>9,404</td><td>16,843</td><td>31,82</td><td>31,006</td><td>45,691</td></tr><tr><td>Latin America:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Argentina</td><td>2,33</td><td>-</td><td>4</td><td>1,12</td><td>14</td><td>21</td><td>1,1</td><td>-</td><td>54</td><td>1,24</td><td>100</td><td>111</td></tr><tr><td>Bolivia</td><td>1,1</td><td>-</td><td>1</td><td>1,968</td><td>54</td><td>1,1</td><td>1,1</td><td>-</td><td>1,1</td><td>1,61</td><td>184</td><td>152</td></tr><tr><td>Brazil</td><td>1,1</td><td>-</td><td>1</td><td>8,1</td><td>1,1</td><td>1,1</td><td>1,1</td><td>-</td><td>1,1</td><td>612</td><td>1,1</td><td>251</td></tr><tr><td>Chile</td><td>1,1</td><td>-</td><td>1</td><td>31</td><td>11</td><td>1,1</td><td>1,1</td><td>-</td><td>1,1</td><td>131</td><td>1,1</td><td>25</td></tr><tr><td>Colombia</td><td>1,1</td><td>-</td><td>1</td><td>10</td><td>46</td><td>-</td><td>1,1</td><td>-</td><td>1,1</td><td>4</td><td>-</td><td>2</td></tr><tr><td>Cuba</td><td>1,1</td><td>-</td><td>1</td><td>11</td><td>1,1</td><td>1,1</td><td>1,1</td><td>-</td><td>1,1</td><td>24</td><td>1,1</td><td>11</td></tr><tr><td>Dominican Republic</td><td>1,1</td><td>-</td><td>1</td><td>81</td><td>1,1</td><td>1,1</td><td>1,1</td><td>-</td><td>1,1</td><td>60</td><td>1,1</td><td>1,1</td></tr><tr><td>Guatemala</td><td>1,1</td><td>-</td><td>1</td><td>1,1</td><td>1,1</td><td>1,1</td><td>3,614</td><td>-</td><td>1,1</td><td>2,804</td><td>270</td><td>388</td></tr><tr><td>Mexico</td><td>1,1</td><td>-</td><td>1</td><td>1,1</td><td>1,1</td><td>1,1</td><td>1,1</td><td>-</td><td>1,1</td><td>1,1</td><td>4,1</td><td>1,1</td></tr><tr><td>Netherlands Antilles and Surinam</td><td>1,1</td><td>117</td><td>112</td><td>1,1</td><td>24</td><td>1,1</td><td>1,1</td><td>90</td><td>1,1</td><td>1,1</td><td>174</td><td>1,1</td></tr><tr><td>Panama, Republic of</td><td>1,1</td><td>-</td><td>4</td><td>4,44</td><td>14</td><td>3,1</td><td>1,1</td><td>-</td><td>466</td><td>1,72</td><td>174</td><td>1,1</td></tr><tr><td>Peru</td><td>1,1</td><td>-</td><td>1</td><td>44</td><td>1,1</td><td>1,1</td><td>1,1</td><td>-</td><td>1,1</td><td>470</td><td>1,1</td><td>47</td></tr><tr><td>El Salvador</td><td>1,1</td><td>-</td><td>1</td><td>44</td><td>1,1</td><td>1,1</td><td>1,1</td><td>-</td><td>1,1</td><td>1,1</td><td>1,1</td><td>70</td></tr><tr><td>Uruguay</td><td>1,1</td><td>-</td><td>1</td><td>1,1</td><td>1,1</td><td>1,1</td><td>1,1</td><td>-</td><td>1,1</td><td>1,1</td><td>1,1</td><td>76</td></tr><tr><td>Venezuela</td><td>1,1</td><td>-</td><td>1</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><td>1,1</td><td>1,1</td><td>458</td></tr><tr><td>Other Latin America</td><td>1,1</td><td>1,1</td><td>1,1</td><td>348</td><td>65</td><td>1,1</td><td>1,1</td><td>1,1</td><td>1,1</td><td>1,1</td><td>188</td><td>1,1</td></tr><tr><td>Total Latin America</td><td>4,1</td><td>1,1</td><td>1,1</td><td>25,16</td><td>11,89</td><td>1,1</td><td>32,61</td><td>1,224</td><td>1,1</td><td>20,726</td><td>1,168</td><td>1,1</td></tr><tr><td>Asia:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>China Mainland</td><td>1,1</td><td>-</td><td>1,1</td><td>1,1</td><td>1,1</td><td>1,1</td><td>8,44</td><td>18</td><td>1,1</td><td>8,036</td><td>274</td><td>71</td></tr><tr><td>Hong Kong</td><td>1,1</td><td>-</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><td>1,1</td><td>1,1</td><td>1,1</td><td>1,1</td></tr><tr><td>India</td><td>1,1</td><td>-</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><td>1,1</td><td>1,1</td><td>1,1</td><td>1,1</td></tr><tr><td>Indonesia</td><td>1,1</td><td>-</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><td>1,1</td><td>1,1</td><td>1,1</td><td>1,1</td></tr><tr><td>Iran</td><td>1,1</td><td>-</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><td>1,1</td><td>1,1</td><td>1,1</td><td>1,1</td></tr><tr><td>Israel</td><td>1,1</td><td>-</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><td>1,1</td><td>1,1</td><td>8,630</td><td>1,1</td></tr><tr><td>Japan</td><td>1,1</td><td>-</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><td>1,1</td><td>1,1</td><td>1,1</td><td>1,1</td></tr><tr><td>Korea, Republic of</td><td>1,1</td><td>-</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><td>1,1</td><td>1,1</td><td>1,1</td><td>1,1</td></tr><tr><td>Philippines</td><td>1,1</td><td>-</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><td>1,1</td><td>1,1</td><td>1,1</td><td>1,1</td></tr><tr><td>Taiwan</td><td>1,1</td><td>-</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><td>1,1</td><td>1,1</td><td>1,1</td><td>1,1</td></tr><tr><td>Thailand</td><td>1,1</td><td>-</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><td>1,1</td><td>1,1</td><td>1,1</td><td>1,1</td></tr><tr><td>Other Asia</td><td>1,1</td><td>-</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><td>1,1</td><td>1,1</td><td>1,1</td><td>1,1</td></tr><tr><td>Total Asia</td><td>24,41</td><td>1,1</td><td>1,1</td><td>14,67</td><td>24</td><td>171</td><td>14,48</td><td>3,84</td><td>164</td><td>10,360</td><td>8,974</td><td>11,1</td></tr><tr><td>Other countries:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Australia</td><td>1,1</td><td>-</td><td>1,1</td><td>1,1</td><td>1,1</td><td>21</td><td>1,1</td><td>-</td><td>1,1</td><td>1,1</td><td>576</td><td>548</td></tr><tr><td>East Africa</td><td>1,1</td><td>-</td><td>1,1</td><td>1,1</td><td>1,1</td><td>1,1</td><td>1,1</td><td>-</td><td>1,1</td><td>1,1</td><td>1,1</td><td>1,1</td></tr><tr><td>United Arab Emirates</td><td>1,1</td><td>-</td><td>1,1</td><td>1,1</td><td>1,1</td><td>1,1</td><td>1,1</td><td>-</td><td>1,1</td><td>1,1</td><td>1,1</td><td>1,1</td></tr><tr><td>All other</td><td>1,1</td><td>-</td><td>1,1</td><td>871</td><td>380</td><td>53</td><td>388</td><td>-</td><td>1,1</td><td>792</td><td>1,1</td><td>95</td></tr><tr><td>Total other countries</td><td>1,1</td><td>-</td><td>1,1</td><td>1,1</td><td>8,44</td><td>1,1</td><td>3,646</td><td>-</td><td>904</td><td>1,1</td><td>1,916</td><td>766</td></tr><tr><td>International</td><td>6,1</td><td>5,180</td><td>1,1</td><td>44</td><td>4,11</td><td>46</td><td>1,112</td><td>1,1</td><td>62</td><td>425</td><td>12,225</td><td>1,1</td></tr><tr><td>Grand total</td><td>21,1</td><td>13,1</td><td>10,14</td><td>25,725</td><td>24,14</td><td>63,12</td><td>73,62</td><td>11,109</td><td>27,72</td><td>244,126</td><td>105,614</td><td>139,246</td></tr></table>
February 1962
97
FOREIGN CURRENCIES ACQUIRED BY THE UNITED STATES WITHOUT PURCHASE WITH DOLLARS
Foreign currencies reported herein in United States dollar equivalents were acquired without purchase with dollars, for the most part, in connection with foreign assistance and agricultural trade development programs authorized by various provisions of law. The currencies are held in the custody of the Treasury Department until such time as they are either sold for dollars to Government agencies or transferred to Government agencies for expenditure without charge to appropriations, as specifically authorized by law.
Prior to July 1, 1957, foreign currencies acquired by Government agencies without payment of dollars were available to the collecting agencies to defray operating expenses and were not subject to the regular appropriation processes.
The act of July 15, 1952, Sec. 1415 (66 Stat. 662), provided that after June 30, 1953, United States agencies could no longer expend foreign currencies belonging to the United States except as provided annually in appropriation acts. Subsequent legislation required executive departments and agencies, with certain exceptions, to reimburse the Treasury in dollars for the foreign currencies used. Executive Orders No. 12488 dated September 23, 1953, and No. 13900 dated January 5, 1961, as amended, provided for the issuance of regulations by the Secretary of the Treasury governing the purchase, custody, transfer, or sale of foreign exchange by the United States.
Accordingly, Treasury Department Circular No. 930 was issued on October 19, 1953, effective December 1, 1953. These regulations provided for the transfer of
department and agency foreign currency balances as of November 30, 1953, into Treasury custody, and the flow of future collections through Treasury accounts; and established requirements with respect to withdrawals from Treasury accounts; limitations on purchases and amounts of holdings; the use of foreign depositaries; and accounting for the currencies. Department Circular No. 97) as revised October 20, 1961, added certain requirements governing foreign currency reporting and accounting.
Figures are stated in dollar equivalents, computed for reporting purposes, to provide a common denominator for the currencies of the many foreign countries involved. It should not be assumed that dollars, in amounts equal to the balances, are actually available for the general use of the U. S. Government, since most of the currencies are inconvertible and restricted as to uses by the terms of agreements between the United States and the foreign governments.
This table excludes the counterpart funds owned by and held in accounts of the foreign governments, the use of which is subject to approval of the United States, and are included in reports of the Agency for International Development. The table also excludes the U.S. purchased foreign currencies which are under dollar accountability and reported as dollar transactions.
Detailed data by account, agency, program, foreign country, units of currency, and related dollar equivalents, are published annually in the Combined Statement of Receipts, Expenditures and Balances, beginning with fiscal 1958.
98
Treasury Bulletin
FOREIGN CURRENCIES ACQUIRED BY THE UNITED STATES WITHOUT PURCHASE WITH DOLLARS
Table 1.- Transactions and Balances in Treasury Accounts
(Stated in millions of dollar equivalent)
<table><tr><th></th><th colspan="8">Fiscal years</th><th>Cumulative (Dec. 1, 1954, through Sept. 30, 1961)</th></tr><tr><th></th><th>1954 1/</th><th>1955</th><th>1956</th><th>1957</th><th>1958</th><th>1959</th><th>1960</th><th>1961</th><th>1962 (July - Sept. 1961)</th></tr><tr><td>Opening balances</td><td>25.1 2/</td><td>165.4</td><td>164.5</td><td>354.4</td><td>1,128.1</td><td>1,454.6</td><td>1,514.6</td><td>1,035.2</td><td>1,323.4</td><td>25.1</td></tr><tr><td>Collections:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Public Law 480 program 2/</td><td>-</td><td>57.3</td><td>34.2</td><td>1,011.1</td><td>686.1</td><td>836.9</td><td>865.6</td><td>990.6</td><td>196.0</td><td>4,986.4</td></tr><tr><td>Mutual security acts:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Assistance programs</td><td>208.1</td><td>388.9</td><td>440.8</td><td>525.8</td><td>385.4</td><td>318.2</td><td>233.9</td><td>224.3</td><td>85.8</td><td>1,801.5</td></tr><tr><td>Counterpart funds 4/</td><td>212.4</td><td>52.5</td><td>27.4</td><td>10.6</td><td>16.9</td><td>19.0</td><td>27.1</td><td>59.6</td><td>1.4</td><td>397.8</td></tr><tr><td>Lend-lease and surplus property</td><td>15.1</td><td>21.9</td><td>41.1</td><td>53.5</td><td>61.1</td><td>61.7</td><td>48.8</td><td>21.6</td><td>6.7</td><td>331.5</td></tr><tr><td>Trust deposits</td><td>41.1</td><td>8.7</td><td>9.3</td><td>8.9</td><td>1.2</td><td>1.3</td><td>20.6</td><td>24.3</td><td>5.6</td><td>140.8</td></tr><tr><td>All other</td><td>46.4</td><td>40.0</td><td>27.7</td><td>26.0</td><td>32.8</td><td>32.0</td><td>44.2</td><td>37.0</td><td>8.5</td><td>294.7</td></tr><tr><td>Total collections</td><td>523.1 5</td><td>569.4</td><td>889.5</td><td>1,636.0</td><td>1,196.6</td><td>1,282.6</td><td>1,230.1</td><td>1,327.5</td><td>304.0</td><td>8,958.3</td></tr><tr><td>Total funds</td><td>548.2</td><td>734.8</td><td>1,054.0</td><td>1,990.4</td><td>2,324.7</td><td>2,737.2</td><td>2,744.7</td><td>2,362.7</td><td>1,627.4</td><td>8,983.4</td></tr><tr><td>Withdrawals:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Public Law 480 program 2/</td><td>-</td><td>-</td><td>134.1</td><td>234.9</td><td>357.8</td><td>828.3</td><td>1,385.2</td><td>705.1</td><td>280.3</td><td>3,92.2</td></tr><tr><td>Mutual security acts:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Assistance programs</td><td>184.3</td><td>408.2</td><td>437.4</td><td>460.0</td><td>382.1</td><td>286.2</td><td>11.4</td><td>212.3</td><td>70.4</td><td>2,717.3</td></tr><tr><td>Counterpart funds 4/</td><td>155.7</td><td>68.2</td><td>41.1</td><td>1.7</td><td>24.2</td><td>1.3</td><td>15.7</td><td>32.4</td><td>5.0</td><td>375.5</td></tr><tr><td>Lend-lease and surplus property</td><td>11.3</td><td>31.6</td><td>40.1</td><td>51.1</td><td>60.1</td><td>74.9</td><td>52.4</td><td>19.8</td><td>5.6</td><td>337.3</td></tr><tr><td>Trust funds</td><td>11.2</td><td>8.6</td><td>10.6</td><td>9.1</td><td>14.2</td><td>13.1</td><td>25.3</td><td>48.9</td><td>6.4</td><td>145.8</td></tr><tr><td>All other</td><td>22.4</td><td>53.6</td><td>36.1</td><td>28.2</td><td>30.9</td><td>19.4</td><td>17.4</td><td>13.3</td><td>3.7</td><td>227.4</td></tr><tr><td>Total withdrawals 6</td><td>382.8</td><td>570.3</td><td>699.6</td><td>862.2</td><td>870.2</td><td>1,222.5</td><td>1,774.4</td><td>1,039.3</td><td>372.0</td><td>7,728.4</td></tr><tr><td>Analysis of withdrawals:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Sales for dollars</td><td>247.1</td><td>321.4</td><td>240.9</td><td>258.6</td><td>268.6</td><td>238.8</td><td>208.3</td><td>240.1</td><td>66.3</td><td>2,090.1</td></tr><tr><td>Program use</td><td>135.6</td><td>247.6</td><td>445.2</td><td>575.5</td><td>503.5</td><td>951.5</td><td>1,438.5</td><td>737.8</td><td>300.2</td><td>1,396.3</td></tr><tr><td>Valuation adjustments</td><td>.2</td><td>.3</td><td>13.5</td><td>28.2</td><td>38.0</td><td>32.2</td><td>62.7</td><td>61.4</td><td>5.4</td><td>242.0</td></tr><tr><td>Total withdrawals</td><td>382.8</td><td>570.3</td><td>699.6</td><td>862.2</td><td>870.2</td><td>1,222.5</td><td>1,774.5</td><td>1,039.3</td><td>372.0</td><td>7,728.4</td></tr><tr><td>Ending balances</td><td>165.4</td><td>164.5</td><td>354.4</td><td>1,128.1</td><td>1,444.0</td><td>1,514.6</td><td>1,035.2</td><td>1,323.4</td><td>1,255.4</td><td>1,255.4</td></tr></table>
Table 2.- Transactions and Balances in Agency Accounts
(Stated in millions of dollar equivalent)
<table><tr><th></th><th>1958</th></tr><tr><td>Opening balances</td><td>351.5</td></tr><tr><td colspan="2">Collections and transfers from Treasury accounts:</td></tr><tr><td>Public Law 480 funds</td><td>263.0</td></tr><tr><td>Mutual security funds</td><td>288.2</td></tr><tr><td>Trust funds</td><td>15.0</td></tr><tr><td>Other</td><td>1.2</td></tr><tr><td>Total funds credited</td><td>567.6</td></tr><tr><td>Total funds available</td><td>919.1</td></tr><tr><td colspan="2">Expenditures:</td></tr><tr><td>Public Law 480 funds</td><td>258.8</td></tr><tr><td>Mutual security funds</td><td>281.1</td></tr><tr><td>Trust funds</td><td>11.6</td></tr><tr><td>Other</td><td>1.7</td></tr><tr><td>Total expenditures</td><td>553.1</td></tr><tr><td colspan="2">Analysis of expenditures:</td></tr><tr><td>Program use</td><td>538.5</td></tr><tr><td>Valuation adjustments</td><td>12.7</td></tr><tr><td>Sales for dollars</td><td>1.9</td></tr><tr><td>Total expenditures</td><td>553.1</td></tr><tr><td>Closing balances</td><td>366.0</td></tr></table>
Source: Bureau of Accounts.
1/ From December 1, 1953, through June 30, 1954.
2/ Balance as of December 31, 1953.
2/ Agricultural Trade Development and Assistance Act of 1954, as amended (U.S.C. 1704-5).
<table><tr><th>Fiscal years</th><th>1959</th><th>1960</th><th>1961</th></tr><tr><td>1</td><td>36.0</td><td>36.8</td><td>1.41.1</td></tr><tr><td>2</td><td>71.6</td><td>1.234.6</td><td>5.4.1</td></tr><tr><td>3</td><td>222.6</td><td>163.4</td><td>160.7</td></tr><tr><td>4</td><td>13.1</td><td>20.6</td><td>34.3</td></tr><tr><td>5</td><td>1.1</td><td>1.2</td><td>1.1</td></tr><tr><td>6</td><td>92.2</td><td>1.439.8</td><td>73.2</td></tr><tr><td>7</td><td>1,318.3</td><td>2,005.6</td><td>2,152.1</td></tr><tr><td>8</td><td>479.2</td><td>385.5</td><td>64.3</td></tr><tr><td>9</td><td>201.2</td><td>187.4</td><td>2.1.6</td></tr><tr><td>10</td><td>14.8</td><td>16.9</td><td>34.6</td></tr><tr><td>11</td><td>1.6</td><td>1.9</td><td>1.3</td></tr><tr><td>12</td><td>752.7</td><td>590.1</td><td>884.8</td></tr><tr><td>13</td><td>743.9</td><td>576.1</td><td>735.6</td></tr><tr><td>14</td><td>10.0</td><td>14.4</td><td>149.3</td></tr><tr><td>15</td><td>1.8</td><td>-</td><td>-</td></tr><tr><td>16</td><td>752.7</td><td>590.1</td><td>884.8</td></tr><tr><td>17</td><td>565.8</td><td>1.41.1</td><td>1.268.1</td></tr></table>
Consists of the portion (between 5 and 10 percent of the total) owned by the United States.
Includes transfers from administrative agencies to custody of the Treasury.
Includes adjustments for exchange rate differentials.
Details for fiscal years 1944-47 are not available.
February 1962
99
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 1953 (31 U.S.C. 66 b), and represent another step in the program of comprehensive and integrated Government accounting and financial reporting for which authority was provided in that act. They supersede Budget-Treasury Regulation No. 3, issued under Executive Order No. 5512 of August 13, 1940, as amended by Executive Order No. 9334 of March 7, 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. 666. 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 30 and December 31 reporting dates, and appear as Sections II and III. The first of these statements under the new regulations cover the fiscal year 1956, and were published in the January 1957 Bulletin. Within the sections, the agencies are grouped in separate tables by type, as follows: public enterprise revolving funds, intragovernmental revolving funds, certain other activities, deposit funds, and trust revolving funds.
Supplement No. 1 added to the coverage by including all executive agencies and activities not reporting under Department Circular No. 966, but required only a statement of financial condition annually as of June 30. These are mainly not business-type activities, and those which had not yet developed formal accounting procedures to provide complete balance sheet types of statements were authorized temporarily to report only the asset side. Thus the supplement rounds out provision for the information on properties and assets of the United States Government which the Treasury has been asked to furnish to the Committee on Government Operations, House of Representatives, for a continuing study of the assets of the Government. The first comprehensive reporting under Supplement No. 1 is for June 30, 1957, and the data were published in the December 1957 issue of the Bulletin as Part B of Table 4 in Section I.
A summary of loans outstanding, for a series of dates is included in Section I of the Bulletin presentation beginning with the June 1958 issue. Two classifications of the loans are shown, one by type and one by agency. Data prior to 1956 are based on the earlier reporting requirements, which provided for complete coverage of Government lending agencies.
100
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 1.- Summary by Specified Classes of Activities, September 30, 1961
(In thousands of dollars)
<table><tr><th>Account</th><th>Total</th><th>Public enterprise revolving funds (See Table 2)</th><th>Intragovernmental revolving funds (See Table 3)</th><th>Certain other activities (See Table 4)</th></tr><tr><td colspan="5"><b>ASSETS</b></td></tr><tr><td>Cash in banks, on hand, and in transit...</td><td>147,613</td><td>142,529</td><td>1,478</td><td>3,605</td></tr><tr><td>Fund balances with the U. S. Treasury 1/.</td><td>11,120,325</td><td>5,648,425</td><td>1,566,689</td><td>3,905,210</td></tr><tr><td>Investments:</td><td></td><td></td><td></td><td></td></tr><tr><td>Public debt securities (par value)....</td><td>1,268,708</td><td>1,263,476</td><td>-</td><td>5,232</td></tr><tr><td>Securities of Government enterprises...</td><td>121,395</td><td>121,395</td><td>-</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-)....</td><td>-10,332</td><td>-10,332</td><td>-</td><td>-</td></tr><tr><td>Other securities....................</td><td>5,291,841</td><td>183,191</td><td>-</td><td>5,108,650</td></tr><tr><td>Advances to contractors and agents:</td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies................</td><td>35,815</td><td>3,769</td><td>473</td><td>31,573</td></tr><tr><td>Other.....................</td><td>25,555</td><td>4,708</td><td>14,798</td><td>6,050</td></tr><tr><td>Accounts and notes receivable:</td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies................</td><td>1,721,949</td><td>278,190</td><td>322,699</td><td>21,053</td></tr><tr><td>Other (net).....................</td><td>1,389,989</td><td>263,571</td><td>36,600</td><td>1,789,819</td></tr><tr><td>Inventories.....................</td><td>20,930,813</td><td>7,058,619</td><td>1,750,433</td><td>7,121,711</td></tr><tr><td>Allowance for losses (-)............</td><td>-1,437,978</td><td>-1,437,932</td><td>-442</td><td>-</td></tr><tr><td>Accrued interest receivable:</td><td></td><td></td><td></td><td></td></tr><tr><td>On public debt securities............</td><td>9,767</td><td>9,744</td><td>-</td><td>23</td></tr><tr><td>On securities of Government enterprises</td><td>322,427</td><td>1,36</td><td>-</td><td>320,991</td></tr><tr><td>Other.....................</td><td>531,497</td><td>101,37</td><td>-</td><td>430,061</td></tr><tr><td>Loans receivable:</td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies.................</td><td>153,060</td><td>149,850</td><td>-</td><td>3,210</td></tr><tr><td>Other: U. S. dollar loans............</td><td>22,742,913</td><td>12,864,090</td><td>-</td><td>9,878,823</td></tr><tr><td>Foreign currency loans.............</td><td>2,429,891</td><td>424,629</td><td>-</td><td>2,005,262</td></tr><tr><td>Allowance for losses (-)............</td><td>-410,754</td><td>-316,740</td><td>-</td><td>-94,514</td></tr><tr><td>Acquired security or collateral (net)...</td><td>542,932</td><td>542,169</td><td>-</td><td>463</td></tr><tr><td>Land, structures, and equipment......</td><td>13,033,176</td><td>5,621,560</td><td>498,083</td><td>6,913,533</td></tr><tr><td>Accumulated depreciation (-)........</td><td>-2,595,155</td><td>-1,21,198</td><td>-220,683</td><td>-953,274</td></tr><tr><td>Foreign currencies..................</td><td>242,899</td><td>39,984</td><td>-</td><td>202,915</td></tr><tr><td>Other assets (net)..................</td><td>1,158,572</td><td>1,301,479</td><td>100,088</td><td>1,057,004</td></tr><tr><td>Total assets......................</td><td>80,416,917</td><td>33,088,851 2/</td><td>9,570,666</td><td>37,757,401 2/</td></tr><tr><td colspan="5"><b>LIABILITIES</b></td></tr><tr><td>Accounts payable:</td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies................</td><td>441,916</td><td>84,763</td><td>326,574</td><td>29,679</td></tr><tr><td>Other.....................</td><td>819,147</td><td>428,885</td><td>319,923</td><td>70,340</td></tr><tr><td>Accrued liabilities:</td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies................</td><td>330,571</td><td>294,793</td><td>324</td><td>35,454</td></tr><tr><td>Other.....................</td><td>407,136</td><td>127,852</td><td>105,596</td><td>173,688</td></tr><tr><td>Advances from:</td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies................</td><td>139,560</td><td>2,137</td><td>78,307</td><td>59,216</td></tr><tr><td>Other.....................</td><td>13,695</td><td>734</td><td>12,962</td><td>-</td></tr><tr><td>Trust and deposit liabilities:</td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies................</td><td>452,702</td><td>418,949</td><td>1,548</td><td>31,206</td></tr><tr><td>Other.....................</td><td>178,262</td><td>162,223</td><td>200</td><td>15,839</td></tr><tr><td>Bonds, debentures, and notes payable:</td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies................</td><td>93,541</td><td>93,541</td><td>-</td><td>-</td></tr><tr><td>Other: Guaranteed by the U. S. .......</td><td>157,287</td><td>157,287</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the U. S. .......</td><td>100,038</td><td>100,038</td><td>-</td><td>-</td></tr><tr><td>Other liabilities (including reserves)...</td><td>1,125,089</td><td>1,746,562</td><td>224,808</td><td>153,713</td></tr><tr><td>Total liabilities..................</td><td>5,253,145</td><td>3,017,769</td><td>1,071,241</td><td>569,134</td></tr><tr><td colspan="5"><b>NET INVESTMENT</b></td></tr><tr><td>United States interest:</td><td></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing investment:</td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock.....................</td><td>100,000</td><td>100,000</td><td>-</td><td>-</td></tr><tr><td>Borrowings from the U. S. Treasury...</td><td>26,059,192</td><td>21,024,368</td><td>-</td><td>5,034,844</td></tr><tr><td>Other.....................</td><td>889,323</td><td>889,323</td><td>-</td><td>-</td></tr><tr><td>Noninterest-bearing investment:</td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock.....................</td><td>1,950,000</td><td>1,950,000</td><td>-</td><td>-</td></tr><tr><td>Appropriations....................</td><td>29,443,32</td><td>11,097,839</td><td>-1,567,751</td><td>19,913,344</td></tr><tr><td>Capitalization of assets (net).......</td><td>27,180,883</td><td>674,836</td><td>15,243,612</td><td>6,261,432</td></tr><tr><td>Other.....................</td><td>11,302,225</td><td>1,184,994</td><td>8,850</td><td>10,108,382</td></tr><tr><td>Accumulated net income, or deficit (-)...</td><td>-14,072,333</td><td>-6,557,258</td><td>-5,185,289</td><td>-2,329,786</td></tr><tr><td>Deposits of general and special fund revenue (-).......</td><td>-1,799,950</td><td>-</td><td>-</td><td>-1,799,950</td></tr><tr><td>Total United States interest......</td><td>75,158,773</td><td>29,471,082</td><td>8,499,424</td><td>37,188,267</td></tr><tr><td>Total liabilities and investment....</td><td>80,416,917</td><td>33,088,851</td><td>9,570,666</td><td>37,757,401</td></tr><tr><td colspan="5"><b>ANALYSIS OF UNITED STATES INVESTMENT</b></td></tr><tr><td>United States investment................</td><td>89,331,105</td><td>36,028,339</td><td>13,684,713</td><td>39,518,053</td></tr><tr><td>Accumulated net income, or deficit (-)...</td><td>-14,472,333</td><td>-6,557,258</td><td>-5,185,289</td><td>-2,329,786</td></tr><tr><td>U. S. investment incl. interagency items.</td><td>75,158,773</td><td>29,471,082</td><td>8,499,424</td><td>37,188,267</td></tr><tr><td>Interagency items:</td><td></td><td></td><td></td><td></td></tr><tr><td>Due from Government agencies (-).......</td><td>-1,354,040</td><td>-1,154,546</td><td>-823,172</td><td>-376,828</td></tr><tr><td>Due to Government agencies...........</td><td>1,457,490</td><td>894,182</td><td>307,753</td><td>155,552</td></tr><tr><td>U. S. investment excl. interagency items.</td><td>74,61,617</td><td>29,10,618</td><td>8,084,006</td><td>36,966,993</td></tr></table>
Footnotes at end of Table
February 1962
101
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2. - Public Enterprise Revolving Funds,September 30, 1961
(In thousands of dollars)
<table><tr><th>Account</th><th>Total</th><th>Office of Emergency Planning 1/ Civil defense procurement fund</th><th>Development loan fucd</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><b>ASSETS</b></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>142,529</td><td>-</td><td>-</td><td>-</td><td>486</td><td>-</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 2/.</td><td>5,648,425</td><td>-3</td><td>2,523,123</td><td>7,803</td><td>1,077</td><td>6</td><td>-</td></tr><tr><td>Investments:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Public debt securities (par value)....</td><td>1,263,476</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Securities of Government enterprises....</td><td>121,395</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-)....</td><td>-10,332</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other securities.......................</td><td>183,191</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,250</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>3,769</td><td>14</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.......................</td><td>4,708</td><td>-</td><td>3</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>878,196</td><td>-</td><td>-</td><td>-</td><td>11</td><td>-</td><td>-</td></tr><tr><td>Other (net).......................</td><td>263,571</td><td>28</td><td>-</td><td>-</td><td>385</td><td>-</td><td>-</td></tr><tr><td>Inventories.......................</td><td>7,258,619</td><td>-</td><td>-</td><td>-</td><td>3</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)................</td><td>-1,487,936</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>9,744</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On securities of Government enterprises....</td><td>1,436</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.......................</td><td>101,437</td><td>-</td><td>7,282</td><td>-</td><td>48,985</td><td>*</td><td>72</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>149,850</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: U. S. dollar loans................</td><td>12,804,090</td><td>-</td><td>146,149</td><td>-</td><td>3,573,637</td><td>6</td><td>12,838</td></tr><tr><td>Foreign currency loans..................</td><td>424,629</td><td>-</td><td>424,629</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)................</td><td>-316,240</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (nat)....</td><td>542,469</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Land, structures, and equipment...........</td><td>5,621,560</td><td>-</td><td>154</td><td>-</td><td>343</td><td>-</td><td>-</td></tr><tr><td>Accumulated depreciation (-)............</td><td>-1,421,198</td><td>-</td><td>-31</td><td>-</td><td>-149</td><td>-</td><td>-</td></tr><tr><td>Foreign currencies.......................</td><td>39,984</td><td>-</td><td>37,370</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other assets (net).......................</td><td>1,001,479</td><td>-</td><td>-</td><td>-</td><td>53</td><td>-</td><td>-</td></tr><tr><td>Total assets.........................</td><td>33,088,851 2/</td><td>34</td><td>3,138,679</td><td>7,803</td><td>3,624,829</td><td>1,262</td><td>12,970</td></tr><tr><td><b>LIABILITIES</b></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>84,763</td><td>-</td><td>152</td><td>-</td><td>65</td><td>*</td><td>1</td></tr><tr><td>Other.......................</td><td>428,885</td><td>-</td><td>364</td><td>-</td><td>116</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>294,793</td><td>-</td><td>-</td><td>-</td><td>12,026</td><td>-</td><td>48</td></tr><tr><td>Other.......................</td><td>127,852</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advocas from:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....................</td><td>2,137</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.......................</td><td>734</td><td>1</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>418,949</td><td>-</td><td>59</td><td>-</td><td>57</td><td>-</td><td>-</td></tr><tr><td>Other.......................</td><td>162,223</td><td>-</td><td>-</td><td>-</td><td>591</td><td>-</td><td>50</td></tr><tr><td>Bonds, debentures, and notas payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....................</td><td>93,541</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: Guaranteed by the U. S................</td><td>157,287</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the U. S................</td><td>100,038</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other liabilities (including reserves)....</td><td>1,746,568</td><td>-</td><td>110</td><td>-</td><td>5,484</td><td>100</td><td>-</td></tr><tr><td>Total liabilities....................</td><td>3,617,769</td><td>1</td><td>684 4/</td><td>-</td><td>18,339</td><td>100</td><td>98</td></tr><tr><td><b>NET INVESTMENT</b></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>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>21,024,348</td><td>-</td><td>-</td><td>-</td><td>1,304,800</td><td>-</td><td>8,013</td></tr><tr><td>Other.......................</td><td>889,323</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>11,097,839</td><td>33</td><td>3,112,500</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capitalization of assets (net)........</td><td>675,836</td><td>-</td><td>23</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.......................</td><td>1,184,994</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,162 5/</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-6,557,258</td><td>*</td><td>25,473</td><td>7,803</td><td>701,691</td><td>*</td><td>4,858</td></tr><tr><td>Deposits of general and special fund</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>revenues (-).......................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest............</td><td>29,471,082</td><td>33</td><td>3,137,996</td><td>7,803</td><td>3,606,491</td><td>1,162</td><td>12,871</td></tr><tr><td>Total liabilities and investment........</td><td>33,088,851</td><td>34</td><td>3,138,679</td><td>7,803</td><td>3,624,829</td><td>1,262</td><td>12,970</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></tr><tr><td>United States investment................</td><td>36,028,339</td><td>33</td><td>3,112,523</td><td>-</td><td>4,904,800</td><td>1,162</td><td>8,013</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-6,557,258</td><td>*</td><td>25,473</td><td>7,803</td><td>701,691</td><td>*</td><td>4,858</td></tr><tr><td>U. S. investment incl. Interagency items....</td><td>29,471,082</td><td>33</td><td>3,137,996</td><td>7,803</td><td>3,606,491</td><td>1,162</td><td>12,871</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>-1,154,646</td><td>-14</td><td>-</td><td>-</td><td>-11</td><td>-</td><td>-</td></tr><tr><td>Due to Government agencies................</td><td>894,182</td><td>-</td><td>211</td><td>-</td><td>12,148</td><td>*</td><td>48</td></tr><tr><td>U. S. investment excl. interagency items....</td><td>29,210,618</td><td>18</td><td>3,138,206</td><td>7,803</td><td>3,618,628</td><td>1,162</td><td>12,920</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
102
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section 1 - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, September 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th colspan="4">Farm Credit Administration</th><th colspan="3">Federal Home Loan Bank Board</th></tr><tr><th></th><th>Federal Farm Mortgage Corporation $/</th><th>Federal intermediate credit banks investment fund</th><th>Production credit associations investment fund</th><th>Banks for cooperative 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>ASSETS</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash in banks, on hand, and in transit.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>77</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 2/.</td><td>298</td><td>16,350</td><td>59,170</td><td>79,102</td><td>483</td><td>2,072</td><td>412</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>379,500</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>-1,097</td><td>-</td></tr><tr><td>Other securities.</td><td>-</td><td>53,650</td><td>830</td><td>106,817</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>250</td><td>-</td><td>-</td></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,327</td><td>11,475</td><td>-</td></tr><tr><td>Other (net).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>13</td><td>1</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>2,932</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>282</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>1,525 7/</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>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>6,162</td><td>-</td></tr><tr><td>Land, structures, and equipment.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>415</td><td>127</td><td>-</td></tr><tr><td>Accumulated depreciation (-).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-415</td><td>-127</td><td>-</td></tr><tr><td>Foreign currencies.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other assets (net).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>4</td><td>10</td><td>-</td></tr><tr><td>Total assets.</td><td>1,824</td><td>70,000</td><td>60,000</td><td>185,919</td><td>2,076</td><td>446,414</td><td>412</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>9</td><td>*</td><td>-</td></tr><tr><td>Other.</td><td>39</td><td>-</td><td>-</td><td>-</td><td>7</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>86</td><td>257</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>558</td><td>36</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>259</td><td>9</td><td>-</td></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>29</td><td>4</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>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>174</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>321</td></tr><tr><td>Other: Guaranteed by the U. S.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>18</td></tr><tr><td>Not guaranteed by the U. S.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,094</td><td>21,059</td><td>-</td></tr><tr><td>Other liabilities (including reserves).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2,042</td><td>21,365</td><td>412</td></tr><tr><td>Total liabilities.</td><td>212</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>-</td><td>-</td><td>-</td></tr><tr><td>Appropriations.</td><td>-</td><td>70,000</td><td>60,000</td><td>500,000</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>1,611</td><td>-</td><td>-</td><td>-314,081</td><td>34</td><td>425,049 8/</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>1,611</td><td>70,000</td><td>60,000</td><td>185,919</td><td>34</td><td>425,049</td><td>-</td></tr><tr><td>Total liabilities and investment.</td><td>1,824</td><td>70,000</td><td>60,000</td><td>185,919</td><td>2,076</td><td>446,414</td><td>412</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>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>1,611</td><td>-</td><td>-</td><td>-314,081</td><td>34</td><td>425,049</td><td>-</td></tr><tr><td>U. S. investment incl. interagency items.</td><td>1,611</td><td>70,000</td><td>60,000</td><td>185,919</td><td>34</td><td>425,049</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>-250</td><td>-</td><td>-</td></tr><tr><td>Due to Government agencies.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>355</td><td>266</td><td>-</td></tr><tr><td>U. S. investment excl. interagency items.</td><td>1,611</td><td>70,000</td><td>60,000</td><td>185,919</td><td>138</td><td>425,315</td><td>-</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
February 1962
103
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, September 30, 1961 - (Continued
(In thousands of dollars)
<table><tr><th>Account</th><th>Panama Canal Company</th><th>Saint Lawrence Seaway Development Corporation</th><th colspan="2">Small Business Administration</th><th>Tennessee Valley Authority</th><th>United States Information Agency</th><th>Veterans' Administration</th></tr><tr><th></th><th></th><th></th><th>Revolving fund</th><th>Reconstruction Finance Corporation liquidation fund</th><th></th><th>Informational media guaranty fund</th><th>Centeen 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>4,978</td><td>124</td><td>109</td><td>-</td><td>66</td><td>-</td><td>3,048</td></tr><tr><td>Fund balances with the U. S. Treasury 2/.</td><td>19,308</td><td>33</td><td>376,301</td><td>523</td><td>47,163</td><td>1,500</td><td>2,538</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>37,500</td><td>-</td><td>-</td></tr><tr><td>Securities of Government enterprises...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>35,000</td><td>-</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-)....</td><td>-</td><td>-</td><td>20,177</td><td>-</td><td>-171</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>3</td><td>-</td><td>-</td><td>46</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>2,571</td><td>-</td><td>-</td><td>-</td><td>9,529</td><td>-</td><td>41</td></tr><tr><td>Government agencies................</td><td>3,586</td><td>367</td><td>540</td><td>40</td><td>13,498</td><td>-</td><td>527</td></tr><tr><td>Other (net).....................</td><td>9,686</td><td>118</td><td>-</td><td>-</td><td>41,192</td><td>-</td><td>5,177</td></tr><tr><td>Inventories.....................</td><td>-944</td><td>-</td><td>-</td><td>-</td><td>-603</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>72</td><td>-</td><td>-</td></tr><tr><td>On securities of Government enterprises</td><td>-</td><td>-</td><td>2,617</td><td>34</td><td>312</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>7</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>483,919</td><td>3,470</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>-15,506</td><td>-863</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-).........</td><td>-</td><td>-</td><td>1,269</td><td>337</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net)....</td><td>712,691</td><td>126,369</td><td>-</td><td>-</td><td>2,481,266</td><td>-</td><td>6,510</td></tr><tr><td>Land, structures, and equipment......</td><td>-283,807</td><td>-</td><td>-</td><td>-</td><td>-510,211</td><td>-</td><td>-3,091</td></tr><tr><td>Accumulated depreciation (-)........</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2,614</td><td>-</td></tr><tr><td>Foreign currencies................</td><td>11,978</td><td>1,183</td><td>14,422</td><td>311</td><td>222,493</td><td>-</td><td>19</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>480,548</td><td>128,196</td><td>883,848</td><td>3,853</td><td>2,377,160</td><td>4,114</td><td>14,769</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>122</td><td>416</td><td>13,970</td><td>-</td><td>1,293</td><td>-</td><td>102</td></tr><tr><td>Other....................</td><td>3,541</td><td>548</td><td>62</td><td>6</td><td>53,233</td><td>-</td><td>1,477</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>6,357</td><td>3,334</td><td>4,199</td><td>-</td><td>-</td><td>716</td><td>-</td></tr><tr><td>Other....................</td><td>2,381</td><td>52</td><td>9</td><td>9</td><td>1,479</td><td>-</td><td>378</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>226</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>683</td><td>-</td><td>-</td><td>-</td><td>2,057</td><td>-</td><td>136</td></tr><tr><td>Other....................</td><td>49</td><td>-</td><td>218</td><td>67</td><td>882</td><td>-</td><td>373</td></tr><tr><td>Bond, 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>100,000</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the U. S.........</td><td>-</td><td>-</td><td>-</td><td>-</td><td>11,255</td><td>-</td><td>-</td></tr><tr><td>Other liabilities (including reserves)...</td><td>12,113</td><td>259</td><td>3,295</td><td>55</td><td>-</td><td>125</td><td>785</td></tr><tr><td>Total liabilities................</td><td>25,473</td><td>4,609</td><td>21,754 4/</td><td>137</td><td>170,199</td><td>841</td><td>3,251</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>20,794</td><td>-</td></tr><tr><td>Borrowings from the U. S. Treasury...</td><td>329,862</td><td>7,678 2/</td><td>499,913</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>420,087</td><td>-</td><td>1,798,332</td><td>-</td><td>-</td></tr><tr><td>Appropriations..................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>47,008</td><td>-</td><td>362</td></tr><tr><td>Capitalization of assets (net).....</td><td>-</td><td>204</td><td>-</td><td>6,599</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>125,213</td><td>-4,842</td><td>-57,907</td><td>-2,882</td><td>361,621 10/</td><td>-17,521</td><td>11,157</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>455,075</td><td>123,587</td><td>862,093</td><td>3,717</td><td>2,206,961</td><td>3,273</td><td>11,519</td></tr><tr><td>Total liabilities and investment.....</td><td>480,548</td><td>128,196</td><td>883,848</td><td>3,853</td><td>2,377,160</td><td>4,114</td><td>14,769</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>329,862</td><td>128,428</td><td>920,000</td><td>6,599</td><td>1,845,340</td><td>20,794</td><td>362</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>125,213</td><td>-4,842</td><td>-57,907</td><td>-2,882</td><td>361,621</td><td>-17,521</td><td>11,157</td></tr><tr><td>U. S. investment incl. interagency items.</td><td>455,075</td><td>123,587</td><td>862,093</td><td>3,717</td><td>2,206,961</td><td>3,273</td><td>11,519</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>-2,571</td><td>-</td><td>-</td><td>-</td><td>-44,842</td><td>-</td><td>-41</td></tr><tr><td>Due to Government agencies.........</td><td>7,162</td><td>3,750</td><td>18,169</td><td>-</td><td>3,350</td><td>716</td><td>238</td></tr><tr><td>U. S. investment excl. interagency items.</td><td>459,666</td><td>127,337</td><td>880,263</td><td>3,717</td><td>2,165,469</td><td>3,989</td><td>11,716</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
104
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, September 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th>Direct loans to veterans and reserves</th><th>Loan guaranty revolving fund 11/</th><th>Rental, maintenance, and repair of quarters</th><th>Service-disabled veterans' insurance fund</th><th>Soldiers' and sailors' civil relief</th><th>Veterans' special term insurance fund</th><th>Vocational rehabilitation revolving fund</th></tr><tr><td colspan="8">ASSETS</td></tr><tr><td>Cash in banks, on hand, and in transit....</td><td>245</td><td>113</td><td>-</td><td>1</td><td>*</td><td>1</td><td>9</td></tr><tr><td>Fund balances with the U. S. Treasury 2/.</td><td>323,004</td><td>40,410</td><td>19</td><td>993</td><td>105</td><td>756</td><td>287</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>109,980</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>41</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies....................</td><td>-</td><td>41</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>5</td><td>*</td><td>-</td><td>-</td><td>*</td></tr><tr><td>Other (net)............................</td><td>238</td><td>14,003</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>782</td><td>-</td></tr><tr><td>On public debt securities................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On securities of Government enterprises</td><td>1,593</td><td>1,128</td><td>-</td><td>33</td><td>-</td><td>9</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>459</td><td>99</td></tr><tr><td>Other: U. S. dollar loans..............</td><td>1,256,184</td><td>411,924</td><td>-</td><td>1,695</td><td>37</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>2,542</td><td>123,951</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (nat)....</td><td>-</td><td>-</td><td>-</td><td>-</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>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other assets (net)......................</td><td>3</td><td>79</td><td>-</td><td>5</td><td>-</td><td>6</td><td>-</td></tr><tr><td>Total assets.........................</td><td>1,583,809</td><td>591,648</td><td>24</td><td>2,727</td><td>112</td><td>111,994</td><td>395</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>23,985</td><td>12,175</td><td>1</td><td>624</td><td>-</td><td>816</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>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>2</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>1,998</td><td>708</td><td>-</td><td>18,489</td><td>3</td><td>28,675</td><td>-</td></tr><tr><td>Other liabilities (including reserves)...</td><td>30,683</td><td>12,883 4/</td><td>3</td><td>19,113</td><td>3</td><td>29,490</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>1,530,078</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>508,357</td><td>-</td><td>4,500</td><td>2,003</td><td>-</td><td>400</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>-5</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....................................</td><td>17,048</td><td>76,408</td><td>26</td><td>-20,886</td><td>-1,864</td><td>82,503</td><td>-5</td></tr><tr><td>Accumulated net income, or deficit (-).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Deposits of general and special fund revenues (-)....................</td><td>1,547,126</td><td>578,765</td><td>21</td><td>-16,386</td><td>139</td><td>82,503</td><td>395</td></tr><tr><td>Total United States interest...........</td><td>1,557,826</td><td>578,765</td><td>21</td><td>-16,386</td><td>139</td><td>82,503</td><td>395</td></tr><tr><td>Total liabilities and investment.........</td><td>1,583,809</td><td>591,648</td><td>24</td><td>2,727</td><td>112</td><td>111,994</td><td>395</td></tr><tr><td colspan="8">ANALYSIS OF UNITED STATES INVESTMENT</td></tr><tr><td>United States investment................</td><td>1,530,078</td><td>508,357</td><td>-5</td><td>4,500</td><td>2,003</td><td>-</td><td>400</td></tr><tr><td>Accumulated net income, or deficit (-)...</td><td>17,048</td><td>76,408</td><td>26</td><td>-20,886</td><td>-1,864</td><td>82,503</td><td>-5</td></tr><tr><td>U. S. investment incl. interagency items.</td><td>1,547,126</td><td>578,765</td><td>21</td><td>-16,386</td><td>139</td><td>82,503</td><td>395</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>10,700</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>1,557,826</td><td>578,765</td><td>21</td><td>-16,386</td><td>139</td><td>82,503</td><td>395</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
February 1962
105
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, September 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th>Abaca fiber program</th><th>Federal Facilities Corporation 12/</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></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>65</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 2/. Investments:</td><td>101</td><td>59</td><td>1,039</td><td>14,687</td><td>6,202</td><td>28,721</td><td>3,275</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>2</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other securities.....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances to contractors and agents:</td><td>-</td><td>-</td><td>-</td><td>5</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies....................</td><td>-</td><td>-</td><td>-</td><td>2</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accounts and notes receivable:</td><td>-</td><td>1,524</td><td>6</td><td>540</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies....................</td><td>-</td><td>15</td><td>-</td><td>1,417</td><td>26</td><td>260</td><td>10</td></tr><tr><td>Other (net).....................</td><td>-</td><td>399</td><td>3,534</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Inventories.....................</td><td>-</td><td>-</td><td>-</td><td>1,485,475</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>115</td><td>35</td><td>2</td><td>-</td><td>9,887</td><td>740</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>6,626 13/</td><td>558</td><td>-</td><td>-</td><td>1,004,978</td><td>58,415</td></tr><tr><td>Other: U. S. dollar loans....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currency loans....................</td><td>-</td><td>-</td><td>-558</td><td>-</td><td>-</td><td>-1,256</td><td>-1,093</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>312</td><td>1,961</td><td>7,595</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Land, structures, and equipment....................</td><td>-</td><td>-304</td><td>-1,372</td><td>-2,686</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated depreciation (-)....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currencies....................</td><td>-</td><td>-</td><td>-</td><td>17,469</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>101</td><td>8,745</td><td>5,204</td><td>1,524,571</td><td>6,228</td><td>1,042,590</td><td>61,347</td></tr><tr><td colspan="8">LIABILITIES</td></tr><tr><td>Accounts payable:</td><td>*</td><td>-</td><td>-</td><td>149</td><td>-</td><td>552</td><td>211</td></tr><tr><td>Government agencies....................</td><td>-</td><td>2</td><td>-</td><td>336</td><td>-</td><td>6</td><td>1</td></tr><tr><td>Other.....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued liabilities:</td><td>-</td><td>-</td><td>-</td><td>136,256</td><td>-</td><td>6,564</td><td>518</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>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>2,215</td><td>214</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>1</td><td>110</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>*</td><td>2</td><td>2</td><td>136,851</td><td>-</td><td>9,336</td><td>945</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>1,774,700</td><td>-</td><td>1,035,725</td><td>62,859</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>502</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>11,216</td><td>8,744 14/</td><td>5,203 14/</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-11,115</td><td>-</td><td>-</td><td>-387,482</td><td>6,228</td><td>-2,471</td><td>-2,457</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>101</td><td>8,744</td><td>5,203</td><td>1,387,720</td><td>6,228</td><td>1,033,254</td><td>60,403</td></tr><tr><td>Total liabilities and investment....................</td><td>101</td><td>8,745</td><td>5,204</td><td>1,524,571</td><td>6,228</td><td>1,042,590</td><td>61,347</td></tr><tr><td colspan="8">ANALYSIS OF UNITED STATES INVESTMENT</td></tr><tr><td>United States investment....................</td><td>11,210</td><td>8,744</td><td>5,203</td><td>1,775,202</td><td>-</td><td>1,035,725</td><td>62,859</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-11,115</td><td>-</td><td>-</td><td>-387,482</td><td>6,228</td><td>-2,471</td><td>-2,457</td></tr><tr><td>U. S. investment incl. interagency items....................</td><td>101</td><td>8,744</td><td>5,203</td><td>1,387,720</td><td>6,228</td><td>1,033,254</td><td>60,403</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>-1,524</td><td>-6</td><td>-544</td><td>-</td><td>7,116</td><td>729</td></tr><tr><td>Due to Government agencies....................</td><td>-</td><td>-</td><td>-</td><td>136,404</td><td>-</td><td>-</td><td>-</td></tr><tr><td>U. S. investment excl. interagency items....................</td><td>101</td><td>7,220</td><td>5,197</td><td>1,523,580</td><td>6,228</td><td>1,040,369</td><td>61,132</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 2.- Public Enterprise Revolving Funds, September 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th rowspan="2">Account</th><th colspan="5">Office of the Administrator - (Continued)</th><th colspan="2">Federal National Mortgage Association</th></tr><tr><th>Public works planning fund</th><th>Liquidating programme</th><th>Urban renewal fund</th><th>Community disposal operations fund</th><th>Housing for the alderly</th><th>Management and 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>-</td><td>-</td><td>-</td><td>22</td><td>-</td><td>479</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 2/.</td><td>24,864</td><td>4,774</td><td>263,287</td><td>1,743</td><td>79,440</td><td>3,582</td><td>2,167</td></tr><tr><td colspan="8">Investments:</td></tr><tr><td>Public debt securities (par value)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>68,183</td><td>11,719</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 colspan="8">Advances to contractors and agents:</td></tr><tr><td>Government agencies....................</td><td>-</td><td>6</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 colspan="8">Accounts and notes receivable:</td></tr><tr><td>Government agencies....................</td><td>-</td><td>9</td><td>-</td><td>-</td><td>-</td><td>11,726</td><td>15,689</td></tr><tr><td>Other (net)....................</td><td>-</td><td>359</td><td>120</td><td>*</td><td>-</td><td>294</td><td>104</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 colspan="8">Accrued interest receivable:</td></tr><tr><td>On public debt securities....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>631</td><td>450</td></tr><tr><td>On securities of Government enterprises</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>6,407</td><td>9,110</td></tr><tr><td>Other....................</td><td>3</td><td>811</td><td>2,403</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td colspan="8">Loans receivable:</td></tr><tr><td>Government agencies....................</td><td>-</td><td>20,221</td><td>96,812</td><td>4,103 13/</td><td>325</td><td>1,551,337</td><td>1,856,253</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>-4,208</td><td>-</td><td>-</td><td>-</td><td>-24,064 15/</td><td>-6,938 16/</td></tr><tr><td>Allowance for losses (-)....................</td><td>-</td><td>1,461</td><td>-</td><td>-</td><td>-</td><td>4,469</td><td>7,134</td></tr><tr><td>Acquired security or collateral (net)....</td><td>-</td><td>5,866</td><td>-</td><td>-</td><td>-</td><td>656</td><td>-</td></tr><tr><td>Land, structures, and equipment....................</td><td>-</td><td>-5,651</td><td>-</td><td>-</td><td>-</td><td>-348</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>12,227</td><td>3,181</td><td>-</td><td>-</td><td>-</td><td>9</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>37,093</td><td>26,830</td><td>362,623</td><td>5,868</td><td>79,765</td><td>1,623,360</td><td>1,895,688</td></tr><tr><td colspan="8">LIABILITIES</td></tr><tr><td colspan="8">Accounts payable:</td></tr><tr><td>Government agencies....................</td><td>-</td><td>51</td><td>448</td><td>39</td><td>107</td><td>12</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>33</td><td>*</td><td>-</td><td>-</td><td>2</td><td>-</td></tr><tr><td colspan="8">Accrued liabilities:</td></tr><tr><td>Government agencies....................</td><td>-</td><td>-</td><td>758</td><td>-</td><td>-</td><td>10,878</td><td>17,396</td></tr><tr><td>Other....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>879</td><td>629</td></tr><tr><td colspan="8">Advances from:</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 colspan="8">Trust and deposit liabilities:</td></tr><tr><td>Government agencies....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>406</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>42</td><td>6,483</td><td>136</td><td>-</td><td>26,799</td><td>18,525</td></tr><tr><td colspan="8">Bonds, debentures, and notes payable:</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>44</td><td>59</td><td>-</td><td>-</td><td>20</td><td>-</td></tr><tr><td>Other liabilities (including reserves)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>697</td><td>-</td></tr><tr><td>Total liabilities....................</td><td>-</td><td>170</td><td>7,746 4/</td><td>175</td><td>107</td><td>39,693</td><td>36,550</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>-</td><td>-</td><td>170,000</td><td>-</td><td>-</td><td>1,449,530</td><td>1,803,945</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>43,000</td><td>1,332,234</td><td>664,500</td><td>-</td><td>80,000</td><td>-</td><td>-</td></tr><tr><td>Appropriations....................</td><td>-</td><td>277,156</td><td>-</td><td>59,723</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capitalization of assets (net)....</td><td>-</td><td>-388,704</td><td>-</td><td>-55,000</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>-5,907</td><td>-1,194,027</td><td>-479,624</td><td>969</td><td>-342</td><td>134,137</td><td>55,193</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>37,093</td><td>26,660</td><td>354,876</td><td>5,693</td><td>79,658</td><td>1,583,667</td><td>1,859,138</td></tr><tr><td>Total liabilities and investment....................</td><td>37,093</td><td>26,830</td><td>362,623</td><td>5,868</td><td>79,765</td><td>1,623,360</td><td>1,895,688</td></tr><tr><td colspan="8">ANALYSIS OF UNITED STATES INVESTMENT</td></tr><tr><td>United States investment....................</td><td>43,000</td><td>1,220,686</td><td>834,500</td><td>4,723</td><td>80,000</td><td>1,449,530</td><td>1,803,945</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-5,907</td><td>-1,194,027</td><td>-479,624</td><td>969</td><td>-342</td><td>134,137</td><td>55,193</td></tr><tr><td>U. S. investment incl. interagency items....................</td><td>37,093</td><td>26,660</td><td>354,876</td><td>5,693</td><td>79,658</td><td>1,583,667</td><td>1,859,138</td></tr><tr><td colspan="8">Interagency items:</td></tr><tr><td>Due from Government agencies (-)....................</td><td>-</td><td>-9</td><td>-</td><td>-</td><td>-</td><td>-80,540</td><td>-27,857</td></tr><tr><td>Due to Government agencies....................</td><td>-</td><td>51</td><td>1,205</td><td>39</td><td>107</td><td>11,296</td><td>17,396</td></tr><tr><td>U. S. investment excl. interagency items....................</td><td>37,093</td><td>26,701</td><td>356,081</td><td>5,732</td><td>79,765</td><td>1,514,423</td><td>1,848,676</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
February 1962
107
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, September 30, 1961 - (Continued
(In thousands of dollars)
<table><tr><th>Account</th><th colspan="2">Housing and Home Finance Agency - (Continued)</th><th colspan="5">Agriculture Department</th></tr><tr><th></th><th>Federal Housing Administration</th><th>Public Housing Administration</th><th>Commodity Credit Corporation</th><th>Federal Crop Insurance Corporation 18/</th><th>Farmers' Home Administration 17/ Emergency credit revolving fund</th><th>Agricultural credit insurance fund</th><th>Expansion of defense production</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>4,942</td><td>17</td><td>7,247</td><td>67</td><td>231</td><td>134</td><td>-</td></tr><tr><td>Fund balances with the U.S. Treasury 2/.</td><td>75,455</td><td>198,446</td><td>16,676</td><td>55,754</td><td>82,948</td><td>2,185</td><td>-</td></tr><tr><td>Investments:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Public debt securities (per value)....</td><td>736,496</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Securities of Government enterprises....</td><td>6,493</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-)....</td><td>-9,064</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other securities.....................</td><td>465</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>55</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>40</td><td>*</td><td>797,333</td><td>-</td><td>-</td><td>1,809</td><td>-</td></tr><tr><td>Other (net).........................</td><td>10,702</td><td>72</td><td>146,470</td><td>9,856</td><td>274</td><td>-</td><td>-</td></tr><tr><td>Inventories........................</td><td>-</td><td>99</td><td>5,498,287</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)............</td><td>-</td><td>-</td><td>-1,486,389</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued interest receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>On public debt securities...........</td><td>5,958</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On securities of Government enterprises</td><td>43</td><td>-</td><td>2,268</td><td>-</td><td>2,517</td><td>611</td><td>-</td></tr><tr><td>Other....................</td><td>*</td><td>1,154</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>217,310 13/</td><td>111,219</td><td>1,729,900 19/</td><td>-</td><td>51,276</td><td>30,226</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>-6,115</td><td>-1,353</td><td>-208,631</td><td>-</td><td>14,592</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)............</td><td>394,661</td><td>-</td><td>-</td><td>-</td><td>13</td><td>155</td><td>-</td></tr><tr><td>Acquired security or collateral (net)....</td><td>3,918</td><td>8,290</td><td>245,871</td><td>456</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Land, structures, and equipment.........</td><td>-2,105</td><td>-3,801</td><td>-131,139</td><td>-240</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>43,583</td><td>103</td><td>460,184</td><td>-</td><td>213</td><td>5</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>1,482,782</td><td>314,302</td><td>7,078,077</td><td>65,894</td><td>122,881</td><td>35,124</td><td>-</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>589</td><td>266</td><td>3,941</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>7,176</td><td>52,056</td><td>68,562</td><td>7,645</td><td>*</td><td>5</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>728</td><td>307</td><td>73,603</td><td>-</td><td>8</td><td>211</td><td>6,543</td></tr><tr><td>Other....................</td><td>4,258</td><td>514</td><td>115,456</td><td>-</td><td>146</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>2,214</td><td>473</td><td>411,512</td><td>158</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>22,310</td><td>69</td><td>76,506</td><td>11</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>93,541</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: Guaranteed by the U.S............</td><td>156,792</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the U.S............</td><td>182,878</td><td>2,126</td><td>887,083 19/</td><td>468</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total liabilities (including reserves)....</td><td>470,487 4/</td><td>55,809 4/</td><td>1,636,664</td><td>8,283</td><td>155</td><td>216 4/</td><td>6,543</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>100,000</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Borrowings from the U.S. Treasury........</td><td>-</td><td>46,000</td><td>10,874,000</td><td>-</td><td>-</td><td>24,270</td><td>64,578</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>1,000</td><td>-</td><td>40,000</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Appropriations.........................</td><td>-</td><td>1,179,604</td><td>-</td><td>133,319</td><td>205,494</td><td>1,000</td><td>-</td></tr><tr><td>Capitalization of assets (net)........</td><td>-</td><td>246,514</td><td>-</td><td>216</td><td>364</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>-</td><td>-</td><td>-387</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>1,012,295</td><td>-1,214,625</td><td>-5,532,587</td><td>-115,537</td><td>-83,132</td><td>9,638</td><td>-71,121</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>1,012,295</td><td>258,492</td><td>5,441,413</td><td>57,612</td><td>122,726</td><td>34,908</td><td>-6,543</td></tr><tr><td>Total liabilities and investment.........</td><td>1,482,782</td><td>314,302</td><td>7,078,077</td><td>65,894</td><td>122,881</td><td>35,124</td><td>-</td></tr><tr><td>ANALYSIS OF UNITED STATES INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States investment................</td><td>1,012,295</td><td>1,473,118</td><td>10,974,000</td><td>173,148</td><td>205,858</td><td>25,270</td><td>64,578</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>1,012,295</td><td>-1,214,625</td><td>-5,532,587</td><td>-115,537</td><td>-83,132</td><td>9,638</td><td>-71,121</td></tr><tr><td>U.S. investment incl. interagency items.....</td><td>1,012,295</td><td>258,492</td><td>5,441,413</td><td>57,612</td><td>122,726</td><td>34,908</td><td>-6,543</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>-6,576</td><td>*</td><td>-797,333</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Due to Government agencies..............</td><td>97,073</td><td>1,046</td><td>489,056</td><td>158</td><td>8</td><td>211</td><td>6,543</td></tr><tr><td>U.S. investment excl. interagency items....</td><td>1,102,791</td><td>259,538</td><td>5,133,137</td><td>57,770</td><td>122,734</td><td>35,119</td><td>-</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
108
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, September 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th rowspan="2">Account</th><th colspan="5">Commerce Department</th><th colspan="2">Defense Department</th></tr><tr><th>Aviation war risk insurance revolving fund</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 11/</th><th>Office of Civil Defense 20/ Civil defense procurement fund</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>725</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 2/.</td><td>17</td><td>3,800</td><td>11,540</td><td>1,420</td><td>8,712</td><td>130,366</td><td>1,467</td></tr><tr><td colspan="8">Investments:</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>-</td><td>-</td><td>.3</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>943</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other (nat).........................</td><td>-</td><td>17</td><td>1,672</td><td>73</td><td>5</td><td>5,430</td><td>-</td></tr><tr><td>Inventories............................</td><td>-</td><td>3</td><td>4,333</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>15</td><td>-</td><td>-</td><td>50</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>3,500</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: U. S. dollar loans....................</td><td>-</td><td>3,675</td><td>-</td><td>-</td><td>5,004</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>-696</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net)............</td><td>-</td><td>4,502</td><td>-</td><td>-</td><td>-</td><td>740,509</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>92</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>17</td><td>11,316</td><td>22,718</td><td>2,493</td><td>13,771</td><td>376,105</td><td>1,467</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>13</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other............................</td><td>-</td><td>-</td><td>458</td><td>-</td><td>-</td><td>1,346</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>18</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other............................</td><td>-</td><td>-</td><td>272</td><td>-</td><td>1</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>7</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>6,723</td><td>112</td><td>-</td><td>47</td><td>505,683</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>-</td><td>6,736 4/</td><td>859</td><td>3</td><td>48</td><td>507,029</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>-</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>15,000</td><td>-</td><td>-</td></tr><tr><td>Appropriations....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,7,000</td><td>1,467</td></tr><tr><td>Capitalization of assets (net)............</td><td>-</td><td>-</td><td>-</td><td>-</td><td>14,298</td><td>-</td><td>-</td></tr><tr><td>Other............................</td><td>-</td><td>-</td><td>-625</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-)............</td><td>17</td><td>4,581</td><td>22,483</td><td>2,485</td><td>-11,575</td><td>122,076</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>17</td><td>4,581</td><td>21,958</td><td>2,485</td><td>13,723</td><td>369,076</td><td>1,467</td></tr><tr><td>Total liabilities and investment....................</td><td>17</td><td>11,316</td><td>22,718</td><td>2,493</td><td>13,771</td><td>376,105</td><td>1,467</td></tr><tr><td colspan="8">ANALYSIS OF UNITED STATES INVESTMENT</td></tr><tr><td>United States investment....................</td><td>-</td><td>-</td><td>-625</td><td>-</td><td>-7,998</td><td>247,000</td><td>1,467</td></tr><tr><td>Accumulated net income, or deficit (-)............</td><td>17</td><td>4,581</td><td>22,483</td><td>2,485</td><td>-11,575</td><td>122,076</td><td>-</td></tr><tr><td>U. S. investment incl. interagency items....................</td><td>17</td><td>4,431</td><td>21,858</td><td>2,485</td><td>13,723</td><td>369,076</td><td>1,467</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>-4,311</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Due to Government agencies....................</td><td>-</td><td>13</td><td>18</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>U. S. investment excl. interagency items....................</td><td>17</td><td>4,594</td><td>17,543</td><td>2,485</td><td>13,723</td><td>369,076</td><td>1,467</td></tr></table>
(Continued on following page)
February 1962
109
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition Table 2.- Public Enterprise Revolving Funds, September 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th rowspan="2">Account</th><th colspan="6">Defense Department - (Continued)</th><th rowspan="2">HEW Department Public Health Service Operation of commissaries, narcotic hospitals</th></tr><tr><th>Air Force Department Defense production guarantees</th><th>Army Department Defense housing</th><th>Army Department Defense production guarantees</th><th>Navy Department Defense housing</th><th>Navy Department Laundry service, Naval Academy</th><th>Navy Department Defense production guarantees</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>10,386</td><td>87</td><td>2,956</td><td>423</td><td>77</td><td>8,700</td><td>40</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>-</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>9</td><td>-</td><td>-</td><td>7</td><td>-</td><td>-</td></tr><tr><td>Other (net)............................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>5</td><td>-</td><td>13</td></tr><tr><td>Inventories............................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>11</td><td>-</td><td>20</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>2,480</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: U. S. dollar loans................</td><td>3,417</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,667</td><td>-</td></tr><tr><td>Foreign currency loans..................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>327</td><td>-</td><td>26</td></tr><tr><td>Land, structures, and equipment..........</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-166</td><td>-</td><td>-19</td></tr><tr><td>Accumulated depreciation (-)............</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Foreign currencies......................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other assets (net)......................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>10,368</td><td>1</td></tr><tr><td>Total assets............................</td><td>13,803</td><td>96</td><td>5,435</td><td>423</td><td>262</td><td>10,368</td><td>81</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>40</td><td>-</td><td>-</td><td>9</td><td>-</td><td>-</td></tr><tr><td>Other.................................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>27</td><td>-</td><td>13</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>-</td><td>12</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>20</td><td>-</td><td>5</td></tr><tr><td>Other liabilities (including reserves)...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>68</td><td>-</td><td>19</td></tr><tr><td>Total liabilities......................</td><td>-</td><td>40</td><td>-</td><td>-</td><td>68</td><td>-</td><td>19</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>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>10</td></tr><tr><td>Appropriations.........................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2</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>13,803</td><td>56</td><td>5,435</td><td>423</td><td>194</td><td>10,368</td><td>50</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>13,803</td><td>56</td><td>5,435</td><td>423</td><td>194</td><td>10,368</td><td>61</td></tr><tr><td>Total liabilities and investment.........</td><td>13,803</td><td>96</td><td>5,435</td><td>423</td><td>262</td><td>10,368</td><td>81</td></tr><tr><td colspan="8">ANALYSIS OF UNITED STATES INVESTMENT</td></tr><tr><td>United States investment..................</td><td>13,803</td><td>-</td><td>5,435</td><td>423</td><td>-</td><td>10,368</td><td>12</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>13,803</td><td>56</td><td>5,435</td><td>423</td><td>194</td><td>10,368</td><td>50</td></tr><tr><td>U. S. investment incl. interagency items.</td><td>13,803</td><td>56</td><td>5,435</td><td>423</td><td>194</td><td>10,368</td><td>61</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>-7</td><td>-</td><td>-</td></tr><tr><td>Due to Government agencies................</td><td>-</td><td>40</td><td>-</td><td>-</td><td>9</td><td>-</td><td>-</td></tr><tr><td>U. S. investment excl. interagency items.</td><td>13,803</td><td>96</td><td>5,435</td><td>423</td><td>196</td><td>10,368</td><td>61</td></tr></table>
Footnotes at end of Table 8
(Continued on following page)
110
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, September 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th>H.W Department-(Continued) Social Security Administration Bureau of Federal Credit Unions</th><th>Bureau of Indian Affairs Liquidation of Hooreah housing project</th><th>Interior Department Revolving fund for loans</th><th>Bureau of Reclamation Fund for emergency expenses, Fort Peck, Mont.</th><th>Upper Colorado River Basin fund</th><th>Bureau of Mines Development and operation of helium properties</th><th>Bureau of Commercial Fisheries Fisheries loan 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>76</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>894</td><td>109</td><td>8,052</td><td>1,435</td><td>62,669</td><td>8,478</td><td>6,335</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>15</td><td>-</td><td>-</td><td>20</td><td>30</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>14</td><td>2</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>2</td><td>142</td><td>436</td><td>-</td></tr><tr><td>Other (net).</td><td>617</td><td>-</td><td>-</td><td>26</td><td>34</td><td>80</td><td>15</td></tr><tr><td>Inventories.</td><td>-</td><td>-</td><td>-</td><td>82</td><td>298</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>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>95</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>172</td><td>10,496</td><td>-</td><td>-</td><td>-</td><td>6,527</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>-3,167</td><td>-</td><td>-</td><td>-</td><td>-166</td></tr><tr><td>Acquired security or collateral (net).</td><td>266</td><td>-</td><td>-</td><td>16,829</td><td>29,132</td><td>42,825</td><td>-</td></tr><tr><td>Land, structures, and equipment.</td><td>-126</td><td>-</td><td>-</td><td>-476</td><td>-3,506</td><td>-14,043</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>145</td><td>204,199</td><td>7,058</td><td>10</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>1,743</td><td>282</td><td>15,381</td><td>17,862</td><td>293,012</td><td>45,891</td><td>12,818</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>2</td><td>977</td><td>11</td><td>-</td></tr><tr><td>Other.</td><td>25</td><td>-</td><td>-</td><td>17</td><td>10,998</td><td>709</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>10</td></tr><tr><td>Other.</td><td>165</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>6</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>2,137</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>235</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>161</td><td>-</td><td>-</td><td>7</td><td>6,186</td><td>484</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</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>-</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>331</td><td>-</td><td>-</td><td>1</td><td>12</td><td>416</td><td>-</td></tr><tr><td>Total liabilities.</td><td>682</td><td>-</td><td>-</td><td>26</td><td>18,173</td><td>3,996</td><td>15</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>41,700</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>17,799</td><td>1,579</td><td>263,668</td><td>-</td><td>13,000</td></tr><tr><td>Capitalization of assets (net).</td><td>2</td><td>-</td><td>-</td><td>1,586</td><td>11,170</td><td>69</td><td>-</td></tr><tr><td>Other.</td><td>-</td><td>240</td><td>2,767</td><td>1,953</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-).</td><td>1,059</td><td>42</td><td>-5,185</td><td>13,618</td><td>1</td><td>126</td><td>-197</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>1,061</td><td>282</td><td>15,381</td><td>17,336</td><td>274,839</td><td>41,895</td><td>12,803</td></tr><tr><td>Total liabilities and investment.</td><td>1,743</td><td>282</td><td>15,381</td><td>17,362</td><td>293,012</td><td>45,891</td><td>12,818</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>2</td><td>240</td><td>20,566</td><td>5,213</td><td>274,839</td><td>41,769</td><td>13,000</td></tr><tr><td>Accumulated net income, or deficit (-).</td><td>1,059</td><td>42</td><td>-5,185</td><td>12,518</td><td>1</td><td>126</td><td>-197</td></tr><tr><td>U. S. investment incl. interagency items.</td><td>1,061</td><td>282</td><td>15,381</td><td>17,836</td><td>274,839</td><td>41,895</td><td>12,803</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>-22</td><td>-172</td><td>-436</td><td>-</td></tr><tr><td>Due to Government agencies.</td><td>-</td><td>-</td><td>-</td><td>2</td><td>977</td><td>2,631</td><td>10</td></tr><tr><td>U. S. investment excl. interagency items.</td><td>1,061</td><td>282</td><td>15,381</td><td>17,316</td><td>275,644</td><td>44,091</td><td>12,812</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
February 1962
111
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section 1 - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, September 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th rowspan="2">Account</th><th colspan="5">Interior Department - (Continued)</th><th colspan="2">Labor Department</th></tr><tr><th>Bur. of Commercial Fisheries-(Continued) Fed. ship mortgage loans, fund, fishing vessels</th><th>Office of Territories Loans to private trading enterprises</th><th>Virgin Islands Corporation</th><th>Alaska Railroad Alaska Railroad revolving fund</th><th>Expansion of defense production</th><th>Bureau of Employment Security Farm labor supply revolving fund</th><th>Advances to employment security admin. account, unemployment trust fund</th></tr><tr><td>ASSETS</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash in banks, on hand, and in transit....</td><td>-</td><td>-</td><td>1</td><td>5</td><td>-</td><td>24</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 2/.</td><td>4</td><td>210</td><td>576</td><td>7,455</td><td>114</td><td>3,431</td><td>124,560</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></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>120</td><td>1,055</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other (net)....................</td><td>-</td><td>-</td><td>347</td><td>711</td><td>-</td><td>8</td><td>-</td></tr><tr><td>Inventories....................</td><td>-</td><td>-</td><td>3,159</td><td>3,460</td><td>-</td><td>102</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>802</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>142</td><td>118</td><td>-</td><td>12,996</td><td>-</td><td>146,350</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>-10,857</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>11,029</td><td>133,362</td><td>-</td><td>516</td><td>-</td></tr><tr><td>Land, structures, and equipment....................</td><td>-</td><td>-</td><td>-3,015</td><td>-22,427</td><td>-</td><td>-149</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>407</td><td>1,737</td><td>-</td><td>290</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>4</td><td>352</td><td>12,741</td><td>125,358</td><td>2,252</td><td>4,222</td><td>271,713</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>2</td><td>90</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>-</td><td>126</td><td>230</td><td>-</td><td>672</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>434</td><td>3</td><td>1,925</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>-</td><td>274</td><td>330</td><td>-</td><td>9</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>271</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>15</td><td>424</td><td>1</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>-</td><td>80</td><td>82</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Bonde, 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>1</td><td>-</td><td>297</td><td>719</td><td>-</td><td>411</td><td>-</td></tr><tr><td>Other liabilities (including reserves)....</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total liabilities....................</td><td>1</td><td>-</td><td>1,228</td><td>1,877</td><td>1,926</td><td>1,363</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>594</td><td>-</td><td>31,000</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>-</td><td>10,171 22/</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>333</td><td>879</td><td>167,285</td><td>-</td><td>-</td><td>268,000</td></tr><tr><td>Appropriations....................</td><td>-</td><td>-</td><td>-</td><td>18,861</td><td>-</td><td>482</td><td>-</td></tr><tr><td>Capitalization of assets (net)....</td><td>-</td><td>-</td><td>-</td><td>-63,764</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>3</td><td>19</td><td>-131</td><td>1,099</td><td>-30,674</td><td>2,377</td><td>3,713</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>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>3</td><td>352</td><td>11,513</td><td>123,481</td><td>326</td><td>2,859</td><td>271,713</td></tr><tr><td>Total liabilities and investment....................</td><td>4</td><td>352</td><td>12,741</td><td>125,358</td><td>2,252</td><td>4,222</td><td>271,713</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>333</td><td>11,644</td><td>122,382</td><td>31,000</td><td>482</td><td>268,000</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>3</td><td>19</td><td>-131</td><td>1,099</td><td>-30,674</td><td>2,377</td><td>3,713</td></tr><tr><td>U. S. investment incl. interagency items.</td><td>3</td><td>352</td><td>11,513</td><td>123,481</td><td>326</td><td>2,859</td><td>271,713</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>-120</td><td>-1,055</td><td>-</td><td>-</td><td>-146,350</td></tr><tr><td>Due to Government agencies....................</td><td>-</td><td>-</td><td>451</td><td>517</td><td>1,926</td><td>-</td><td>-</td></tr><tr><td>U. S. investment excl. interagency items.</td><td>3</td><td>352</td><td>11,844</td><td>122,942</td><td>2,252</td><td>2,859</td><td>125,363</td></tr></table>
(Continued on following page)
112
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, September 30, 1961 - (Continued)
(in thousands of dollars)
<table><tr><th>Account</th><th>Post Office Department Postal fund 23/</th><th>Office of the Secretary RFC liquidation fund</th><th>Office of the Secretary Civil defense loans</th><th>Treasury Department Bureau of Accounts Fund for payment of Government losses in ahipment</th><th>Treasury Department Office of the Treasurer Treasurer of the U. S., check forgery insurance fund</th><th>Treasury Department Expansion of defense production</th></tr><tr><td>ASSETS</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>119,197</td><td>40</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 2/.</td><td>873,636</td><td>490</td><td>2</td><td>48</td><td>14</td><td>190</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>-</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></tr><tr><td>Unamortized premium, or discount (-)...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other securities.......................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances to contractors and agents:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....................</td><td>3,701</td><td>12</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.......................</td><td>4,487</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>36,320</td><td>1</td><td>-</td><td>-</td><td>-</td><td>11</td></tr><tr><td>Other (net).......................</td><td>33,335</td><td>1</td><td>*</td><td>-</td><td>26</td><td>3</td></tr><tr><td>Inventories.......................</td><td>5,648</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued interest receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>On public debt securities....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On securities of Government enterprises</td><td>-</td><td>185</td><td>2</td><td>-</td><td>-</td><td>2,181</td></tr><tr><td>Other.......................</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></tr><tr><td>Government agencies....................</td><td>-</td><td>8,806</td><td>791</td><td>-</td><td>-</td><td>131,235</td></tr><tr><td>Other: U. S. dollar loans....................</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></tr><tr><td>Allowance for losses (-)....................</td><td>-</td><td>-2,225</td><td>-</td><td>-</td><td>-</td><td>-13,950</td></tr><tr><td>Acquired security or collateral (net)...</td><td>1,039,435 24/</td><td>167</td><td>-</td><td>-</td><td>-</td><td>150</td></tr><tr><td>Land, structures, and equipment....................</td><td>-431,593</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></tr><tr><td>Foreign currencies....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other assets (net)....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total assets....................</td><td>1,684,165 25/</td><td>7,476</td><td>795</td><td>48</td><td>40</td><td>119,820</td></tr><tr><td>LIABILITIES</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></tr><tr><td>Government agencies....................</td><td>61,113</td><td>13</td><td>-</td><td>-</td><td>-</td><td>2</td></tr><tr><td>Other.......................</td><td>181,366</td><td>*</td><td>-</td><td>-</td><td>-</td><td>5</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>-</td><td>-</td><td>5</td><td>-</td><td>-</td><td>906</td></tr><tr><td>Other.......................</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></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>Trust and deposit liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.......................</td><td>-</td><td>79</td><td>-</td><td>-</td><td>-</td><td>43</td></tr><tr><td>Bonds, debentures, and notes payable:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: Guaranteed by the U. S....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the U. S....................</td><td>52,683</td><td>13</td><td>-</td><td>-</td><td>-</td><td>22</td></tr><tr><td>Other liabilities (including reserves)...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total liabilities....................</td><td>295,163 25/</td><td>105</td><td>5</td><td>-</td><td>-</td><td>978</td></tr><tr><td>NET INVESTMENT</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></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>415</td><td>-</td><td>-</td><td>102,500</td></tr><tr><td>Other.......................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Noninterest-bearing investment:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Capital stock....................</td><td>-</td><td>-</td><td>-</td><td>802</td><td>50</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>1,647,777</td><td>7,371 14/</td><td>-</td><td>242</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>-258,775</td><td>-</td><td>376</td><td>-996</td><td>-10</td><td>16,342</td></tr><tr><td>Accumulated net income, or deficit (-)...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Deposits of general and special fund revenues (-)...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest....................</td><td>1,389,002</td><td>7,371</td><td>791</td><td>48</td><td>40</td><td>118,842</td></tr><tr><td>Total liabilities and investment....................</td><td>1,684,165</td><td>7,476</td><td>795</td><td>48</td><td>40</td><td>119,820</td></tr><tr><td>ANALYSIS OF UNITED STATES INVESTMENT</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>United States investment....................</td><td>1,647,777</td><td>7,371</td><td>415</td><td>1,044</td><td>50</td><td>102,500</td></tr><tr><td>Accumulated net income, or deficit (-)...</td><td>-258,775</td><td>-</td><td>376</td><td>-996</td><td>-10</td><td>16,342</td></tr><tr><td>U. S. investment incl. interagency items....................</td><td>1,389,002</td><td>7,371</td><td>791</td><td>48</td><td>40</td><td>118,842</td></tr><tr><td>Interagency items:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Due from Government agencies (-)....................</td><td>-40,021</td><td>-1</td><td>-</td><td>-</td><td>-</td><td>-11</td></tr><tr><td>Due to Government agencies....................</td><td>61,113</td><td>13</td><td>5</td><td>-</td><td>-</td><td>908</td></tr><tr><td>U. S. investment excl. interagency items....................</td><td>1,410,094</td><td>7,384</td><td>795</td><td>48</td><td>40</td><td>119,739</td></tr></table>
Footnotes at and of Table 8.
February 1962
113
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 3.- Intragovernmental Revolving Funds, September 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 Investigations</th><th>Veterans' Administration Supply fund</th><th>General Services Administration Buildings management fund</th><th>General Services Administration General supply fund</th><th>Other 1/</th></tr><tr><td colspan="8">ASSETS</td></tr><tr><td>Cash in banks, on hand, and in transit...</td><td>1,478</td><td>517</td><td>-</td><td>939</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 2/.</td><td>1,566,689</td><td>10,672</td><td>2,815</td><td>9,740</td><td>11,849</td><td>43,178</td><td>1,061</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>473</td><td>-</td><td>-</td><td>75</td><td>-</td><td>136</td><td>-</td></tr><tr><td>Government agencies...</td><td>14,798</td><td>-</td><td>73</td><td>19</td><td>1</td><td>4</td><td>*</td></tr><tr><td>Accounts and notes receivable:</td><td>822,699</td><td>12,952</td><td>743</td><td>7,054</td><td>34,566</td><td>54,214</td><td>843</td></tr><tr><td>Government agencies...</td><td>36,600</td><td>13</td><td>*</td><td>130</td><td>141</td><td>662</td><td>40</td></tr><tr><td>Inventories...</td><td>6,750,483</td><td>24,180</td><td>1,369</td><td>32,517</td><td>15,997</td><td>63,807</td><td>40</td></tr><tr><td>Allowance for losses (-)...</td><td>-42</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>498,083</td><td>31,520</td><td>668</td><td>629</td><td>13,319</td><td>38,934</td><td>362</td></tr><tr><td>Land, structures, and equipment...</td><td>-220,683</td><td>-12,531</td><td>-477</td><td>-123</td><td>-10,520</td><td>-12,913</td><td>-148</td></tr><tr><td>Accumulated depreciation (-)...</td><td>100,088</td><td>152</td><td>-</td><td>-</td><td>581</td><td>266</td><td>1</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>9,570,666</td><td>67,475</td><td>5,191</td><td>50,981</td><td>65,936</td><td>188,287</td><td>2,199</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>326,574</td><td>127</td><td>2</td><td>1,131</td><td>2,060</td><td>915</td><td>99</td></tr><tr><td>Other...</td><td>319,923</td><td>3,745</td><td>4</td><td>8,961</td><td>14,758</td><td>22,309</td><td>360</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>324</td><td>108</td><td>78</td><td>25</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other...</td><td>105,596</td><td>1,675</td><td>484</td><td>689</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>78,307</td><td>-</td><td>-</td><td>-</td><td>26,467</td><td>31,539</td><td>459</td></tr><tr><td>Other...</td><td>12,962</td><td>1,286</td><td>-</td><td>-</td><td>-</td><td>41</td><td>-</td></tr><tr><td>Trust and deposit liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies...</td><td>2,548</td><td>1,523</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other...</td><td>200</td><td>102</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>224,808</td><td>3,031</td><td>618</td><td>-</td><td>23,184</td><td>861</td><td>992</td></tr><tr><td>Total liabilities...</td><td>1,071,241</td><td>11,597</td><td>1,186</td><td>10,805</td><td>66,468</td><td>55,664</td><td>1,910</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>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Appropriations...</td><td>-1,567,751 2/</td><td>1,000</td><td>4,000</td><td>-</td><td>3,500</td><td>121,750</td><td>150</td></tr><tr><td>Capitalization of assets (net)...</td><td>15,243,614</td><td>33,815</td><td>-</td><td>39,986</td><td>4,384</td><td>10,088</td><td>213</td></tr><tr><td>Other...</td><td>8,850</td><td>9,085</td><td>-</td><td>-</td><td>-8,544</td><td>-141</td><td>-459</td></tr><tr><td>Accumulated net income, or deficit (-)...</td><td>-5,185,289</td><td>11,977</td><td>5</td><td>190</td><td>127</td><td>926</td><td>385</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>8,499,424</td><td>55,878</td><td>4,005</td><td>40,175</td><td>-533</td><td>132,623</td><td>289</td></tr><tr><td>Total liabilities and investment...</td><td>9,570,666</td><td>67,475</td><td>5,191</td><td>50,981</td><td>65,936</td><td>188,287</td><td>2,199</td></tr><tr><td colspan="8">ANALYSIS OF UNITED STATES INVESTMENT</td></tr><tr><td>United States investment...</td><td>13,684,713</td><td>43,901</td><td>4,000</td><td>39,986</td><td>-659</td><td>131,697</td><td>-96</td></tr><tr><td>Accumulated net income, or deficit (-)...</td><td>-5,185,289</td><td>11,977</td><td>5</td><td>190</td><td>127</td><td>926</td><td>385</td></tr><tr><td>Total United States investment including interagency items...</td><td>8,499,424</td><td>55,878</td><td>4,005</td><td>40,175</td><td>-533</td><td>132,623</td><td>289</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>-823,172</td><td>-12,952</td><td>-743</td><td>-7,128</td><td>-34,566</td><td>-54,350</td><td>-843</td></tr><tr><td>Due to Government agencies...</td><td>4,07,753</td><td>1,758</td><td>80</td><td>1,156</td><td>28,527</td><td>32,454</td><td>558</td></tr><tr><td>Total United States investment after exclusion of interagency items...</td><td>8,084,006</td><td>44,684</td><td>3,341</td><td>34,202</td><td>-6,572</td><td>110,726</td><td>4</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page
114
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 3.- Intragovernmental Revolving Funds,September 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th rowspan="2">Account</th><th colspan="3">Agriculture Department</th><th colspan="2">Commerce Department</th><th colspan="2">Defense Department</th></tr><tr><th>Agricultural Research Service</th><th>Forest Service</th><th>Working capital fund</th><th>National Bureau of Standards</th><th>Working capital fund</th><th>Air Force Department</th><th>Industrial fund</th></tr><tr><td>ASSETS</td><td></td><td></td><td></td><td></td><td></td><td>Stock fund</td><td></td></tr><tr><td>Cash in banks, on hand, and in transit</td><td>-</td><td>*</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury</td><td>418</td><td>2,792</td><td>293</td><td>8,935</td><td>177</td><td>272,794</td><td>44,439</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>3</td><td>7</td><td>44</td><td>-</td><td>3,123</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>3</td><td>7</td><td>82</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>507</td><td>4,708</td><td>482</td><td>4,928</td><td>444</td><td>111,049</td><td>91,211</td></tr><tr><td>Other (net)</td><td>1</td><td>52</td><td>189</td><td>383</td><td>-</td><td>7,805</td><td>8,059</td></tr><tr><td>Inventories</td><td>96</td><td>3,475</td><td>249</td><td>3,493</td><td>77</td><td>308,278</td><td>1,245</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>575</td><td>37,958</td><td>935</td><td>63,250</td><td>603</td><td>-</td><td>-</td></tr><tr><td>Land, structures, and equipment</td><td>-331</td><td>-17,956</td><td>-559</td><td>-20,474</td><td>-319</td><td>-</td><td>-</td></tr><tr><td>Accumulated depreciation (-)</td><td>-</td><td>-</td><td>19</td><td>3,210</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other assets (net)</td><td>-</td><td>20</td><td>-</td><td>-</td><td>-</td><td>1,087</td><td>106</td></tr><tr><td>Total assets</td><td>1,266</td><td>31,052</td><td>1,444</td><td>63,850</td><td>982</td><td>707,136</td><td>145,040</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>28</td><td>1,228</td><td>74</td><td>75</td><td>-</td><td>45,446</td><td>33,479</td></tr><tr><td>Other</td><td>47</td><td>2,975</td><td>54</td><td>944</td><td>176</td><td>80,155</td><td>28,170</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>67</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>146</td><td>304</td><td>61</td><td>1,030</td><td>-</td><td>-</td><td>10,250</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>481</td><td>-</td><td>8,423</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>-</td><td>1</td><td>-</td><td>15</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>87</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other</td><td>9</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>230</td><td>568</td><td>200</td><td>2,285</td><td>104</td><td>-3,290</td><td>-10,637</td></tr><tr><td>Total liabilities</td><td>546</td><td>5,624</td><td>391</td><td>12,822</td><td>280</td><td>128,312</td><td>61,267</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>300</td><td>-</td><td>400</td><td>6,825</td><td>100</td><td>141,330 5/</td><td>81,000</td></tr><tr><td>Appropriations</td><td>263</td><td>20,359</td><td>526</td><td>43,892</td><td>252</td><td>621,818</td><td>-367</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>156</td><td>5,070</td><td>127</td><td>311</td><td>350</td><td>-184,292</td><td>3,569</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>720</td><td>25,429</td><td>1,053</td><td>51,028</td><td>702</td><td>578,824</td><td>83,773</td></tr><tr><td>Total liabilities and investment</td><td>1,266</td><td>31,052</td><td>1,444</td><td>63,850</td><td>982</td><td>707,136</td><td>145,040</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>563</td><td>20,359</td><td>926</td><td>50,717</td><td>352</td><td>763,118</td><td>80,103</td></tr><tr><td>Accumulated net income, or deficit (-)</td><td>156</td><td>5,070</td><td>127</td><td>311</td><td>350</td><td>-184,294</td><td>3,669</td></tr><tr><td>Total United States investment including interagency items</td><td>720</td><td>25,429</td><td>1,053</td><td>51,028</td><td>702</td><td>578,824</td><td>83,773</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>-507</td><td>-4,708</td><td>-482</td><td>-4,972</td><td>-444</td><td>-111,049</td><td>-91,211</td></tr><tr><td>Due to Government agencies</td><td>115</td><td>1,776</td><td>76</td><td>8,493</td><td>-</td><td>45,446</td><td>33,479</td></tr><tr><td>Total United States investment after exclusion of interagency items</td><td>327</td><td>22,490</td><td>647</td><td>54,554</td><td>258</td><td>513,222</td><td>26,041</td></tr></table>
Footnotes at end of Table 3.
(Continued on following page)
February 1962
115
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 3.- Intragovernmental Revolving Funds,September 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th rowspan="2">Account</th><th colspan="3">Army Department</th><th colspan="3">Navy Department</th><th rowspan="2">Health, Education, and Welfare Dept. Office of the Secretary Working capital fund</th></tr><tr><th>Stock fund</th><th>Industrial fund ¼/</th><th>Corps of Engineers</th><th>Stock fund</th><th>Industrial fund ¼/</th><th>Marine Corps stock fund</th></tr><tr><td>ASSETS</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash in banks, on hand, and in transit....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 2/...</td><td>522,338</td><td>163,977</td><td>23,779</td><td>220,843</td><td>122,990</td><td>38,691</td><td>264</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>5,213</td><td>-</td><td>-</td><td>3,759</td><td>2,219</td><td>290</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>265,776</td><td>23,983</td><td>22,204</td><td>65,080</td><td>111,380</td><td>789</td><td>89</td></tr><tr><td>Other (net)....................</td><td>4,257</td><td>1,436</td><td>907</td><td>11,447</td><td>1,006</td><td>92</td><td>-</td></tr><tr><td>Inventories....................</td><td>3,917,196</td><td>118,492</td><td>7,839</td><td>1,812,731</td><td>237,643</td><td>268,951</td><td>151</td></tr><tr><td>Allowance for losses (-)....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accrued interest receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>On public debt securities....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On securities of Government enterprises....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Loans receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net)....</td><td>-</td><td>-</td><td>240,633</td><td>-</td><td>-</td><td>-</td><td>320</td></tr><tr><td>Land, structures, and equipment....................</td><td>-</td><td>-</td><td>-119,553</td><td>-</td><td>-</td><td>-</td><td>-156</td></tr><tr><td>Accumulated depreciation (-)....................</td><td>84,357</td><td>1,735</td><td>137</td><td>440</td><td>3,963</td><td>755</td><td>23</td></tr><tr><td>Other assets (net)....................</td><td>4,719,188</td><td>309,623</td><td>180,946</td><td>2,114,301</td><td>499,701</td><td>309,569</td><td>690</td></tr><tr><td>Total assets....................</td><td></td><td></td><td></td><td></td><td></td><td></td><td></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>125,805</td><td>4,792</td><td>910</td><td>90,202</td><td>7,023</td><td>10,912</td><td>144</td></tr><tr><td>Other....................</td><td>66,798</td><td>17,694</td><td>9,909</td><td>33,417</td><td>19,373</td><td>7,275</td><td>65</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>23,296</td><td>-</td><td>-</td><td>66,318</td><td>-</td><td>40</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>1,033</td><td>7,482</td><td>-</td><td>3,104</td><td>-</td><td>8</td></tr><tr><td>Other....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Trust and deposit liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Bonds, debentures, and notes payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Guaranteed by the United States....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the United States....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other liabilities (including reserves)....</td><td>12,980</td><td>38,221</td><td>41,993</td><td>13,483</td><td>95,353</td><td>1,526</td><td>76</td></tr><tr><td>Total liabilities....................</td><td>199,583</td><td>85,036</td><td>60,294</td><td>137,102</td><td>191,171</td><td>19,713</td><td>333</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>-2,685,843 5/</td><td>200,930</td><td>24,525</td><td>336,587 5/</td><td>303,090</td><td>-117,500</td><td>-</td></tr><tr><td>Appropriations....................</td><td>11,306,504</td><td>15,782</td><td>95,221</td><td>2,464,627</td><td>-35,804</td><td>577,650</td><td>223</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>-4,101,056</td><td>1,876</td><td>905</td><td>-324,015</td><td>41,244</td><td>-170,295</td><td>134</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>4,519,605</td><td>224,588</td><td>120,651</td><td>1,977,199</td><td>303,530</td><td>289,856</td><td>357</td></tr><tr><td>Total liabilities and investment....</td><td>4,719,188</td><td>309,623</td><td>180,946</td><td>2,114,301</td><td>499,701</td><td>309,569</td><td>690</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>8,620,661</td><td>2,2712</td><td>119,746</td><td>2,801,214</td><td>267,286</td><td>460,150</td><td>223</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-4,101,056</td><td>1,876</td><td>905</td><td>-824,015</td><td>41,244</td><td>-170,295</td><td>134</td></tr><tr><td>Total United States investment including interagency items....................</td><td>4,519,605</td><td>224,588</td><td>120,651</td><td>1,977,199</td><td>308,530</td><td>289,856</td><td>357</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>-265,776</td><td>-23,983</td><td>-22,204</td><td>-65,080</td><td>-111,880</td><td>-789</td><td>-89</td></tr><tr><td>Due to Government agencies....................</td><td>125,805</td><td>4,792</td><td>910</td><td>90,202</td><td>7,023</td><td>10,912</td><td>152</td></tr><tr><td>Total United States investment after exclusion of interagency items....</td><td>4,379,634</td><td>205,397</td><td>99,358</td><td>2,002,321</td><td>203,673</td><td>299,979</td><td>420</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
116
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Treasury Bulletin
Section I - Statements of Financial Condition
Table 3.- Intragovernmental Revolving Funds, September 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th rowspan="2">Account</th><th colspan="2">HEW Department - (Continued)</th><th rowspan="2">Interior Department Office of the Secretary Working capital fund</th><th rowspan="2">Justice Department Federal Prison Industries, Inc.</th><th rowspan="2">Labor Department Office of the Secretary Working capital fund</th><th colspan="3">Treasury Department</th></tr><tr><th>Public Health Service Service and supply fund</th><th>Narcotic hospitals Working capital fund</th><th>Bureau of Engraving and Printing</th><th>United States Coast Guard Supply fund</th><th>Yard fund</th></tr><tr><td colspan="9">ASSETS</td></tr><tr><td>Cash in banks, on hand, and in transit....</td><td>-</td><td>-</td><td>-</td><td>10</td><td>*</td><td>11</td><td>1</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 2/.</td><td>884</td><td>44</td><td>113</td><td>7,130</td><td>452</td><td>3,130</td><td>2,987</td><td>4,849</td></tr><tr><td colspan="9">Investments:</td></tr><tr><td>Public debt securities (par value)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Securities of Government enterprises....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>(Amortized premium, or discount (-))....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other securities (net)....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td colspan="9">Advances to contractors and agents:</td></tr><tr><td>Government agencies....................</td><td>-</td><td>-</td><td>-</td><td>218</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>3</td><td>-</td></tr><tr><td colspan="9">Accounts and notes receivable:</td></tr><tr><td>Government agencies....................</td><td>581</td><td>114</td><td>310</td><td>3,772</td><td>-</td><td>3,031</td><td>1,162</td><td>227</td></tr><tr><td>Other (net)....................</td><td>-</td><td>-</td><td>-</td><td>12</td><td>2</td><td>10</td><td>114</td><td>11</td></tr><tr><td>Inventories....................</td><td>1,484</td><td>294</td><td>115</td><td>10,120</td><td>61</td><td>7,039</td><td>4,012</td><td>8,952</td></tr><tr><td>Allowance for losses (-)....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-10</td><td>-</td><td>-32</td></tr><tr><td colspan="9">Accrued interest receivable:</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 colspan="9">Loans receivable:</td></tr><tr><td>Government agencies....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-)....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net)....</td><td>293</td><td>444</td><td>270</td><td>19,432</td><td>231</td><td>35,350</td><td>-</td><td>12,357</td></tr><tr><td>Land, structures, and equipment....</td><td>-150</td><td>-262</td><td>-128</td><td>-6,807</td><td>-82</td><td>-11,362</td><td>-</td><td>-5,832</td></tr><tr><td>Accumulated depreciation (-)....</td><td>4</td><td>1</td><td>-</td><td>22</td><td>8</td><td>176</td><td>-</td><td>24</td></tr><tr><td>Other assets (net)....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total assets....................</td><td>3,097</td><td>636</td><td>681</td><td>33,915</td><td>672</td><td>37,376</td><td>8,878</td><td>20,555</td></tr><tr><td colspan="9">LIABILITIES</td></tr><tr><td colspan="9">Accounts payable:</td></tr><tr><td>Government agencies....................</td><td>368</td><td>18</td><td>24</td><td>332</td><td>33</td><td>20</td><td>1,188</td><td>139</td></tr><tr><td>Other....................</td><td>100</td><td>22</td><td>68</td><td>1,218</td><td>54</td><td>289</td><td>847</td><td>128</td></tr><tr><td colspan="9">Accrued liabilities:</td></tr><tr><td>Government agencies....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>45</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>70</td><td>14</td><td>-</td><td>-</td><td>38</td><td>890</td><td>-</td><td>235</td></tr><tr><td colspan="9">Advances from:</td></tr><tr><td>Government agencies....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>10,722</td></tr><tr><td>Other....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>209</td><td>-</td><td>-</td><td>-</td></tr><tr><td colspan="9">Trust and deposit liabilities:</td></tr><tr><td>Government agencies....................</td><td>-</td><td>-</td><td>-</td><td>157</td><td>44</td><td>547</td><td>-</td><td>189</td></tr><tr><td>Other....................</td><td>-</td><td>-</td><td>-</td><td>22</td><td>*</td><td>18</td><td>-</td><td>49</td></tr><tr><td colspan="9">Bonds, debentures, and notes payable:</td></tr><tr><td>Government agencies....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Guaranteed by the United States....</td><td>-</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><td>-</td></tr><tr><td>Other liabilities (including reserves)....</td><td>217</td><td>4</td><td>79</td><td>504</td><td>97</td><td>1,389</td><td>-</td><td>734</td></tr><tr><td>Total liabilities....................</td><td>767</td><td>58</td><td>170</td><td>2,233</td><td>476</td><td>3,198</td><td>2,036</td><td>12,197</td></tr><tr><td colspan="9">NET INVESTMENT</td></tr><tr><td>United States interest:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest-bearing 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>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Appropriations....................</td><td>450</td><td>134</td><td>300</td><td>-</td><td>-</td><td>3,250</td><td>-</td><td>-</td></tr><tr><td>Capitalization of assets (net)....</td><td>1,587</td><td>80</td><td>182</td><td>5,626</td><td>150</td><td>22,001</td><td>6,829</td><td>8,225</td></tr><tr><td>Other....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>8,939</td><td>-</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>292</td><td>364</td><td>29</td><td>26,055</td><td>46</td><td>-12</td><td>14</td><td>133</td></tr><tr><td>Deposits of general and special fund revenues (-)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest....</td><td>2,329</td><td>578</td><td>510</td><td>31,682</td><td>196</td><td>34,178</td><td>6,843</td><td>8,358</td></tr><tr><td>Total liabilities and investment....</td><td>3,097</td><td>636</td><td>681</td><td>33,915</td><td>672</td><td>37,376</td><td>8,878</td><td>20,555</td></tr><tr><td colspan="9">ANALYSIS OF UNITED STATES INVESTMENT</td></tr><tr><td>United States investment....................</td><td>2,037</td><td>214</td><td>432</td><td>5,626</td><td>150</td><td>34,190</td><td>6,829</td><td>8,225</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>292</td><td>364</td><td>29</td><td>26,055</td><td>46</td><td>-12</td><td>14</td><td>133</td></tr><tr><td>Total United States investment including interagency items....</td><td>2,329</td><td>578</td><td>510</td><td>31,682</td><td>196</td><td>34,178</td><td>6,843</td><td>8,358</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>-581</td><td>-114</td><td>-310</td><td>-3,990</td><td>-</td><td>-3,131</td><td>-1,162</td><td>-227</td></tr><tr><td>Due to Government Agencies....</td><td>368</td><td>18</td><td>24</td><td>.89</td><td>286</td><td>012</td><td>1,188</td><td>11,050</td></tr><tr><td>Total United States investment after exclusion of interagency items....</td><td>2,116</td><td>432</td><td>224</td><td>28,180</td><td>432</td><td>31,759</td><td>6,869</td><td>19,182</td></tr></table>
Footnotes at end of Table 8.
February 1962
117
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, September 30, 1961
(In thousands of dollars)
<table><tr><th>Account</th><th>Total 1/</th><th colspan="2">International Cooperation Administration Loan programs</th><th>Canal Zone Government</th><th>Civil Service Commission 2/</th><th>Export-Import Bank of Washington Foreign currency loans 2/</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>3,605</td><td>1,312</td><td>-</td><td>106</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 4/.</td><td>3,905,210</td><td>3,476</td><td>-</td><td>27,241</td><td>18,845</td><td>-</td><td>12,237</td></tr><tr><td>Investments:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Public debt securities (par value)....</td><td>5,232</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>2</td><td>-</td></tr><tr><td>Other securities.....................</td><td>5,108,650</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>31,573</td><td>-</td><td>-</td><td>-</td><td>37</td><td>-</td><td>-</td></tr><tr><td>Other.....................</td><td>6,050</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>21,053</td><td>-</td><td>-</td><td>717</td><td>204</td><td>-</td><td>8</td></tr><tr><td>Other (net).....................</td><td>1,789,819</td><td>-</td><td>-</td><td>582</td><td>2</td><td>-</td><td>7</td></tr><tr><td>Inventories.....................</td><td>7,121,711</td><td>-</td><td>-</td><td>114</td><td>65</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>23</td><td>-</td><td>-</td><td>23</td><td>-</td><td>-</td><td>-</td></tr><tr><td>On securities of Government enterprises</td><td>320,921</td><td>13,020</td><td>21,339</td><td>-</td><td>-</td><td>941</td><td>-</td></tr><tr><td>Other.....................</td><td>430,661</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>3,210</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other: U. S. dollar loans............</td><td>9,878,823</td><td>1,765,209</td><td>1,951,856</td><td>-</td><td>-</td><td>53,405</td><td>-</td></tr><tr><td>Foreign currency loans................</td><td>2,005,262</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-3,909</td><td>-</td></tr><tr><td>Allowance for losses (-)............</td><td>-94,514</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net)...</td><td>463</td><td>-</td><td>-</td><td>50,841</td><td>2,568</td><td>-</td><td>3,883</td></tr><tr><td>Land, structures, and equipment........</td><td>6,913,533</td><td>-</td><td>-</td><td>-18,861</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated depreciation (-)...........</td><td>-953,274</td><td>-</td><td>-</td><td>-</td><td>-</td><td>202,915</td><td>-</td></tr><tr><td>Foreign currencies....................</td><td>202,915</td><td>27,350</td><td>-</td><td>3,419</td><td>1</td><td>-</td><td>-</td></tr><tr><td>Other assets (net)....................</td><td>1,057,004</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total assets.........................</td><td>37,757,401 5/</td><td>1,810,368</td><td>1,973,196</td><td>69,232</td><td>21,722</td><td>253,354</td><td>16,142</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>29,679</td><td>-</td><td>-</td><td>3,122</td><td>5</td><td>-</td><td>503</td></tr><tr><td>Other.....................</td><td>70,340</td><td>-</td><td>-</td><td>-</td><td>11</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>35,454</td><td>11,277</td><td>-</td><td>47</td><td>606</td><td>-</td><td>-</td></tr><tr><td>Other.....................</td><td>173,688</td><td>-</td><td>-</td><td>872</td><td>839</td><td>-</td><td>10,771</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>59,216</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>10</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>31,206</td><td>205</td><td>-</td><td>-</td><td>1,120</td><td>-</td><td>449</td></tr><tr><td>Other.....................</td><td>15,839</td><td>-</td><td>679</td><td>5,009</td><td>43</td><td>-</td><td>36</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>153,713</td><td>27,350</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,403</td></tr><tr><td>Total liabilities....................</td><td>569,134</td><td>38,832</td><td>679</td><td>9,050</td><td>2,675</td><td>-</td><td>13,172</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>5,034,844</td><td>1,105,449</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>19,913,344</td><td>710,627</td><td>1,954,492</td><td>24,678</td><td>17,925</td><td>263,826</td><td>541</td></tr><tr><td>Appropriations.......................</td><td>6,261,432</td><td>-</td><td>-</td><td>35,503</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capitalization of assets (net).........</td><td>10,108,382</td><td>-</td><td>-</td><td>-</td><td>1,123</td><td>-</td><td>2,429</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>-2,329,786</td><td>5,399</td><td>18,025</td><td>-</td><td>-</td><td>-5,716</td><td>-</td></tr><tr><td>Deposits of general and special fund revenues (-)....................</td><td>-1,799,950</td><td>-49,940</td><td>-</td><td>-</td><td>-</td><td>-4,756</td><td>-</td></tr><tr><td>Total United States interest............</td><td>37,188,267</td><td>1,771,535</td><td>1,972,517</td><td>60,182</td><td>19,047</td><td>253,354</td><td>2,970</td></tr><tr><td>Total liabilities and investment.........</td><td>37,757,401</td><td>1,810,368</td><td>1,973,196</td><td>69,232</td><td>21,722</td><td>253,354</td><td>16,142</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>39,518,053</td><td>1,766,136</td><td>1,954,492</td><td>60,182</td><td>19,047</td><td>259,070</td><td>2,970</td></tr><tr><td>Accumulated net income, or deficit (-)...</td><td>-2,329,786</td><td>5,399</td><td>18,025</td><td>-</td><td>-</td><td>-5,716</td><td>-</td></tr><tr><td>U. S. investment incl. interagency items.</td><td>37,188,267</td><td>1,771,535</td><td>1,972,517</td><td>60,182</td><td>19,047</td><td>253,354</td><td>2,970</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>-376,828</td><td>-</td><td>-</td><td>-717</td><td>-204</td><td>-</td><td>-8</td></tr><tr><td>Due to Government agencies................</td><td>155,554</td><td>11,482</td><td>-</td><td>3,169</td><td>1,731</td><td>-</td><td>962</td></tr><tr><td>U. S. investment excl. interagency items.</td><td>36,966,993</td><td>1,783,018</td><td>1,972,517</td><td>62,634</td><td>20,574</td><td>253,354</td><td>3,924</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
118
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, September 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th>Federal Maritime Commission 6/</th><th>Federal Mediation and Conciliation Service</th><th>Federal Power Commission</th><th>National Aeronautics and Space Administration</th><th>Panama Canal Company Thatcher Ferry Bridge 2/</th><th>Selective Service System</th><th>Small Business Administration Salaries and expenses</th></tr><tr><td>ASSETS</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash in banks, on hand, and in transit...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>*</td></tr><tr><td>Fund balances with the U. S. Treasury 4/.</td><td>1,182</td><td>3,806</td><td>7,487</td><td>2,043,278</td><td>12,125</td><td>31,870</td><td>8,250</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>835</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Government agencies....................</td><td>*</td><td>-</td><td>-</td><td>5,619</td><td>-</td><td>3</td><td>33</td></tr><tr><td>Other..................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accounts and notes receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....................</td><td>-</td><td>-</td><td>1</td><td>518</td><td>-</td><td>-</td><td>13,970</td></tr><tr><td>Other (net).........................</td><td>4</td><td>11</td><td>97</td><td>160</td><td>-</td><td>-</td><td>*</td></tr><tr><td>Inventories.........................</td><td>-</td><td>-</td><td>44</td><td>15,817</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>83</td><td>380</td><td>1,059</td><td>520,450</td><td>-</td><td>7,086</td><td>1,484</td></tr><tr><td>Land, structures, and equipment............</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-3,155</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>216,651</td><td>7,773</td><td>-</td><td>2</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>1,269</td><td>4,198</td><td>8,688</td><td>2,803,328</td><td>19,897</td><td>35,804</td><td>23,739</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>27</td><td>-</td><td>3,421</td><td>-</td><td>-</td><td>*</td></tr><tr><td>Other..................</td><td>*</td><td>202</td><td>492</td><td>11,554</td><td>-</td><td>2,336</td><td>8</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>2,802</td><td>-</td><td>-</td><td>52</td></tr><tr><td>Other..................</td><td>37</td><td>-</td><td>-</td><td>5,931</td><td>-</td><td>-</td><td>1,675</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>14</td><td>145</td><td>321</td><td>5,668</td><td>-</td><td>972</td><td>791</td></tr><tr><td>Other..................</td><td>1</td><td>9</td><td>4</td><td>82</td><td>-</td><td>32</td><td>66</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>121</td><td>496</td><td>-</td><td>15,569</td><td>-</td><td>-</td><td>14,312</td></tr><tr><td>Total liabilities.....................</td><td>174</td><td>878</td><td>818</td><td>45,027</td><td>-</td><td>3,340</td><td>16,903</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>1,266</td><td>3,435</td><td>-</td><td>2,043,168</td><td>19,897</td><td>39,108</td><td>5,352</td></tr><tr><td>Appropriations.........................</td><td>84</td><td>-</td><td>-</td><td>715,134</td><td>-</td><td>3,931</td><td>-</td></tr><tr><td>Capitalization of assets (net)............</td><td>-121</td><td>-116</td><td>7,870</td><td>-</td><td>-</td><td>-</td><td>1,484</td></tr><tr><td>Other..................</td><td>-133</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-10,575</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>-</td><td>-</td></tr><tr><td>Total United States interest............</td><td>1,095</td><td>3,319</td><td>7,870</td><td>2,758,302</td><td>19,897</td><td>32,464</td><td>6,836</td></tr><tr><td>Total liabilities and investment........</td><td>1,269</td><td>4,198</td><td>8,688</td><td>2,803,328</td><td>19,897</td><td>35,804</td><td>23,739</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>1,228</td><td>3,319</td><td>7,870</td><td>2,758,302</td><td>19,897</td><td>43,039</td><td>6,836</td></tr><tr><td>Accumulated net income, or deficit (-)....</td><td>-133</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-10,575</td><td>-</td></tr><tr><td>U. S. investment incl. interagency items..</td><td>1,095</td><td>3,319</td><td>7,870</td><td>2,758,302</td><td>19,897</td><td>32,464</td><td>6,836</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>14</td><td>172</td><td>-1</td><td>-1,353</td><td>-</td><td>972</td><td>-13,970</td></tr><tr><td>Due to Government agencies..............</td><td>-</td><td>-</td><td>321</td><td>11,891</td><td>-</td><td>-</td><td>842</td></tr><tr><td>U. S. investment excl. interagency items..</td><td>1,110</td><td>3,491</td><td>8,190</td><td>2,768,839</td><td>19,897</td><td>33,436</td><td>-6,292</td></tr></table>
Footnotes at end of Table 8.
(Continued on following page)
February 1962
119
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statementa of Financial Condition
Table 4.- Certain Other Activities, September 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th>Small Businesses Administration-(Continued) Grants for research and management counseling</th><th>United States Study Commission-Texas</th><th>General Services Administration (in liquidation)</th><th>Strategic and critical materials</th><th>All other 2/</th><th>Agriculture Department Farmers' Home Administration</th><th>Rural Electrification Administration</th><th>Commerce Department Maritime activities</th></tr><tr><td>ASSETS</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash in banks, on hand, and in transit...</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>6</td><td>1,229</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 3/.</td><td>743</td><td>612</td><td>-</td><td>70,919</td><td>756,483</td><td>126,469</td><td>69,203</td><td>529,337</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 (per value)....</td><td>-</td><td>-</td><td>182</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>993</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances to contractors and agents:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....................</td><td>-</td><td>-</td><td>-</td><td>12</td><td>26,703</td><td>-</td><td>-</td><td>22</td></tr><tr><td>Other.......................</td><td>-</td><td>-</td><td>-</td><td>2</td><td>89</td><td>3</td><td>90</td><td>10</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>-</td><td>-</td><td>-</td><td>67</td><td>4,863</td><td>26</td><td>2</td><td>289</td></tr><tr><td>Other (net).......................</td><td>-</td><td>-</td><td>33</td><td>3,411</td><td>18,204</td><td>27</td><td>*</td><td>14,595</td></tr><tr><td>Inventories.......................</td><td>-</td><td>-</td><td>-</td><td>7,093,686</td><td>1,301</td><td>97</td><td>-</td><td>5,117</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>641</td><td>-</td><td>524</td><td>29,349</td><td>156,410</td><td>1,426</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>3,210</td></tr><tr><td>Other: U. S. dollar loans................</td><td>-</td><td>-</td><td>76,497</td><td>-</td><td>83,689 2/</td><td>1,046,948</td><td>3,408,955</td><td>143,884</td></tr><tr><td>Foreign currency loans..................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-81,515</td><td>-9,090</td><td>-</td></tr><tr><td>Allowance for losses (-)................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>463</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net)....</td><td>-</td><td>-</td><td>-</td><td>9</td><td>1,313,863</td><td>2,050</td><td>691</td><td>4,415,442 10/</td></tr><tr><td>Land, structures, and equipment.........</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-1,135</td><td>-284</td><td>-806,341 11/</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>-</td><td>-</td><td>51</td><td>608,451</td><td>595</td><td>-</td><td>31,757</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>743</td><td>612</td><td>77,352</td><td>7,168,157</td><td>2,815,162</td><td>1,123,381</td><td>3,627,205</td><td>4,333,747</td></tr><tr><td>LIABILITIES</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....................</td><td>-</td><td>-</td><td>-</td><td>1,742</td><td>20,791</td><td>3</td><td>51</td><td>15</td></tr><tr><td>Other.......................</td><td>-</td><td>-</td><td>-</td><td>917</td><td>13,289</td><td>15</td><td>37</td><td>37,854</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>83</td><td>-</td><td>-</td><td>-</td><td>3,825</td><td>16,709</td><td>-</td></tr><tr><td>Other.......................</td><td>743</td><td>5</td><td>-</td><td>-</td><td>-</td><td>1,470</td><td>397</td><td>147,707</td></tr><tr><td>Advances from:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>59,206</td></tr><tr><td>Other.......................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Trust and deposit liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....................</td><td>-</td><td>29</td><td>-</td><td>-</td><td>6,100</td><td>1,028</td><td>335</td><td>702</td></tr><tr><td>Other.......................</td><td>-</td><td>-</td><td>-</td><td>1</td><td>270</td><td>8,734</td><td>19</td><td>55</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>2,966</td><td>59,603</td><td>4,664</td><td>1,187</td><td>15,448</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>743</td><td>117</td><td>-</td><td>5,566</td><td>100,052</td><td>19,738</td><td>18,735</td><td>260,987</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>522,807</td><td>3,406,588</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>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Appropriations.......................</td><td>3,909</td><td>2,624</td><td>-</td><td>-</td><td>-</td><td>610,898</td><td>299,051</td><td>2,765,194</td></tr><tr><td>Capitalization of assets (net).........</td><td>-</td><td>-</td><td>77,352</td><td>-</td><td>-</td><td>438,166</td><td>-</td><td>4,973,186</td></tr><tr><td>Other.......................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-4,663</td><td>-1,084</td><td>-1,218</td></tr><tr><td>Accumulated net income, or deficit (-).</td><td>-3,909</td><td>-2,129</td><td>-</td><td>-</td><td>-</td><td>-211,399</td><td>-94,522</td><td>-2,677,294</td></tr><tr><td>Deposits of general and special fund revenues (-)....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-252,166</td><td>-1,561</td><td>-982,107</td></tr><tr><td>Total United States interest............</td><td>-</td><td>495</td><td>77,352</td><td>7,162,591</td><td>2,715,110</td><td>1,103,643</td><td>3,608,471</td><td>4,077,760</td></tr><tr><td>Total liabilities and investment........</td><td>743</td><td>612</td><td>77,352</td><td>7,168,157</td><td>2,815,162</td><td>1,123,381</td><td>3,627,205</td><td>4,333,747</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>3,909</td><td>2,624</td><td>77,352</td><td>7,162,591</td><td>2,715,110</td><td>1,315,042</td><td>3,702,993</td><td>6,755,055</td></tr><tr><td>Accumulated net income, or deficit (-)...</td><td>-3,909</td><td>-2,129</td><td>-</td><td>-</td><td>-</td><td>-211,399</td><td>-94,522</td><td>-2,677,294</td></tr><tr><td>U. S. investment incl. interagency items.</td><td>-</td><td>495</td><td>77,352</td><td>7,162,591</td><td>2,715,110</td><td>1,103,643</td><td>3,608,471</td><td>4,077,760</td></tr><tr><td>Interagency items:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Due from Government agencies (-)........</td><td>-</td><td>-</td><td>-</td><td>-79</td><td>-31,566</td><td>-26</td><td>-2</td><td>-3,521</td></tr><tr><td>Due to Government agencies.............</td><td>-</td><td>112</td><td>-</td><td>1,742</td><td>26,891</td><td>4,855</td><td>17,095</td><td>59,923</td></tr><tr><td>U. S. investment excl. interagency items.</td><td>-</td><td>607</td><td>77,352</td><td>7,164,254</td><td>2,710,435</td><td>1,108,473</td><td>3,625,563</td><td>4,134,162</td></tr></table>
Footnotes et end of Table 8.
(Continued on following page)
120
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, September 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th>HEW Department Office of Education Loans to students (World War II)</th><th>Inteior Department Bonneville Power Administration</th><th>Inteior Department Southeastern Power Administration</th><th>Inteior Department Southwestern Power Administration</th><th>Justices Department Immigration and Naturalization Services</th><th>Justices Department legal activities and general administration</th><th>State Department International Boundary and Water Commission</th><th>Treasury Department Miscellaneous loans and certain other assets</th></tr><tr><td>ASSETS</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cash in banks, on hand, and in transit... Fund balances with the U. S. Treasury 4/.</td><td>-</td><td>39,256</td><td>802</td><td>15,648</td><td>34</td><td>917</td><td>23,309</td><td>-</td></tr><tr><td>Investments:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Public debt securities (par value)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Securities of Government enterprises....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-)....</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>5,107,655 12/</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>4,000</td><td>-</td><td>2</td><td>-</td><td>-</td><td>101</td><td>-</td></tr><tr><td>Government agencies....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>22</td></tr><tr><td>Accounts and notes receivable:</td><td></td><td>202</td><td>1,628</td><td>82</td><td>12</td><td>71</td><td>-</td><td>1,741,206 13/</td></tr><tr><td>Government agencies....................</td><td>-</td><td>8,544</td><td>-</td><td>1,037</td><td>227</td><td>47</td><td>*</td><td>-</td></tr><tr><td>Other (net)....................</td><td>-</td><td>4,487</td><td>-</td><td>681</td><td>42</td><td>50</td><td>200</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 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>320,991</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>206,355</td></tr><tr><td>Other....................</td><td>56</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>3,353,490 14/</td></tr><tr><td>Other: U. S. dollar loans....................</td><td>153</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>-</td><td>472,985</td><td>91</td><td>28,124</td><td>16,629</td><td>7,576</td><td>68,242</td><td>-</td></tr><tr><td>Land, structures, and equipment (net)....................</td><td>-</td><td>-112,362</td><td>-37</td><td>-6,269</td><td>-</td><td>-</td><td>-4,830</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>-</td><td>-</td><td>-</td><td>-</td><td>114,433</td><td>-</td><td>-</td></tr><tr><td>Other assets (net)....................</td><td>-</td><td>40,264</td><td>158</td><td>4</td><td>56</td><td>-</td><td>6,040</td><td>-</td></tr><tr><td>Total assets....................</td><td>209</td><td>457,375</td><td>2,641</td><td>39,308</td><td>71,083</td><td>171,645</td><td>93,123</td><td>10,729,718</td></tr><tr><td>LIABILITIES</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts payable:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....................</td><td>-</td><td>-</td><td>-</td><td>699</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>2,810</td><td>3</td><td>-</td><td>2</td><td>-</td><td>110</td><td>-</td></tr><tr><td>Accrued liabilities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....................</td><td>-</td><td>-</td><td>9</td><td>26</td><td>43</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>-</td><td>1</td><td>-</td><td>3,165</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances from:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Trust and deposit liabilities:</td><td></td><td>681</td><td>10</td><td>8,054</td><td>2,083</td><td>2,499</td><td>-</td><td>-</td></tr><tr><td>Government agencies....................</td><td>-</td><td>590</td><td>-</td><td>52</td><td>-</td><td>-</td><td>159</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>2,290</td><td>32</td><td>173</td><td>5,716</td><td>-</td><td>2,443</td><td>-</td></tr><tr><td>Other liabilities (including reserves)....................</td><td>-</td><td>6,370</td><td>55</td><td>9,004</td><td>11,008</td><td>2,499</td><td>2,711</td><td>-</td></tr><tr><td>Total liabilities....................</td><td>-</td><td>6,370</td><td>55</td><td>9,004</td><td>11,008</td><td>2,499</td><td>2,711</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>636</td><td>671,758</td><td>10,593</td><td>35,749</td><td>52,264</td><td>47,087</td><td>127,511</td><td>10,201,755</td></tr><tr><td>Appropriations....................</td><td>-</td><td>19,243</td><td>154</td><td>757</td><td>-</td><td>-</td><td>-2,078</td><td>-</td></tr><tr><td>Capitalization of assets (net)....................</td><td>-</td><td>93,622 15/</td><td>-289</td><td>1,550 15/</td><td>7,811</td><td>122,059</td><td>222</td><td>-</td></tr><tr><td>Other....................</td><td>-</td><td>11,918</td><td>119,494</td><td>26,508</td><td>-</td><td>-</td><td>-32,990</td><td>527,964</td></tr><tr><td>Accumulated net income, or deficit (-)....................</td><td>-427</td><td>-345,537</td><td>-127,367</td><td>-34,261</td><td>-</td><td>-</td><td>-2,255</td><td>-</td></tr><tr><td>Deposits of general and special fund revenues (-)....................</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total United States interest....................</td><td>209</td><td>451,005</td><td>2,586</td><td>30,373</td><td>60,075</td><td>169,146</td><td>90,411</td><td>10,729,718</td></tr><tr><td>Total liabilities and investment....................</td><td>209</td><td>457,375</td><td>2,641</td><td>39,308</td><td>71,083</td><td>171,645</td><td>93,123</td><td>10,729,718</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>636</td><td>439,087</td><td>-116,909</td><td>3,796</td><td>60,075</td><td>169,146</td><td>123,401</td><td>10,201,755</td></tr><tr><td>Accumulated net income, or deficit (-)....................</td><td>-427</td><td>11,918</td><td>119,494</td><td>26,508</td><td>-</td><td>-</td><td>-32,990</td><td>527,964</td></tr><tr><td>U. S. investment incl. interagency items:</td><td>209</td><td>451,005</td><td>2,586</td><td>30,303</td><td>60,075</td><td>169,146</td><td>90,411</td><td>10,729,718</td></tr><tr><td>Interagency items:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Due from Government agencies (-)....................</td><td>-</td><td>-4,202</td><td>-</td><td>-82</td><td>-12</td><td>-71</td><td>-</td><td>-321,013</td></tr><tr><td>Due to Government agencies....................</td><td>-</td><td>681</td><td>19</td><td>8,054</td><td>2,126</td><td>2,499</td><td>-</td><td>-</td></tr><tr><td>U. S. investment excl. interagency items....................</td><td>209</td><td>447,483</td><td>2,605</td><td>38,276</td><td>62,189</td><td>171,574</td><td>90,411</td><td>10,408,705</td></tr></table>
Footnotes at end of Table 8.
February 1962
121
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 5.- Certain Deposit Funds, September 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>97,488</td><td>17,902</td><td>20,145</td><td>152</td><td>59,288</td></tr><tr><td>Fund balances with the U. S. Treasury 1/.</td><td>5,631</td><td>16</td><td>197</td><td>1,424</td><td>3,994</td></tr><tr><td>Investments:</td><td>3,975,921</td><td>42,994</td><td>109,800</td><td>2,446,667</td><td>1,376,460</td></tr><tr><td>Public debt securities (par value).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Securities of wholly owned Govt. enterprises.</td><td>-18,497</td><td>-28</td><td>-112</td><td>-14,614</td><td>-3,742</td></tr><tr><td>Unamortized premium, or discount (-).</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></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>69</td><td>-</td></tr><tr><td>Inventories.</td><td>69</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></tr><tr><td>Accounts and other receivables:</td><td>5</td><td>3</td><td>-</td><td>3</td><td>-</td></tr><tr><td>Government agencies.</td><td>79,928</td><td>8,411</td><td>32,681</td><td>25,333</td><td>13,503</td></tr><tr><td>Other (net).</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Loans receivable:</td><td>23,050</td><td>3,600</td><td>19,450</td><td>-</td><td>-</td></tr><tr><td>Government agencies.</td><td>4,615,324</td><td>645,671</td><td>1,844,209</td><td>1,105</td><td>2,124,339</td></tr><tr><td>Other.</td><td>-6,514</td><td>-5,556</td><td>-</td><td>-958</td><td>-</td></tr><tr><td>Allowance for losses (-).</td><td>552</td><td>552</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net).</td><td>4,653</td><td>525</td><td>894</td><td>3,234</td><td>*</td></tr><tr><td>Land, structures, and equipment.</td><td>-1,276</td><td>-460</td><td>-816</td><td>-</td><td>-</td></tr><tr><td>Accumulated depreciation (-).</td><td>4,332</td><td>227</td><td>837</td><td>2,194</td><td>1,124</td></tr><tr><td>Other assets (net).</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total assets.</td><td>8,780,717</td><td>713,855</td><td>2,027,286</td><td>2,464,610</td><td>3,574,966</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>169</td><td>34</td><td>5</td><td>129</td><td>-</td></tr><tr><td>Government agencies.</td><td>43,882</td><td>3,609</td><td>23,314</td><td>603</td><td>16,357</td></tr><tr><td>Other.</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></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>123</td><td>11</td><td>10</td><td>102</td><td>-</td></tr><tr><td>Government agencies.</td><td>1,023,140</td><td>169</td><td>203</td><td>237</td><td>1,022,530</td></tr><tr><td>Other.</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Bonds, debentures, and notes payable:</td><td>23,050</td><td>19,450</td><td>3,600</td><td>-</td><td>-</td></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Others: Guaranteed by the United States.</td><td>3,548,920</td><td>421,160</td><td>1,793,235</td><td>-</td><td>1,334,525</td></tr><tr><td>Not guaranteed by the United States.</td><td>145,627</td><td>599</td><td>1,335</td><td>143,116</td><td>577</td></tr><tr><td>All other liabilities (including reserves).</td><td>4,784,911</td><td>445,033</td><td>1,821,701</td><td>144,187</td><td>2,373,990</td></tr><tr><td>Total liabilities.</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td><b>NET INVESTMENT</b></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Private interest:</td><td>1,188,392</td><td>56,695</td><td>32,145</td><td>-</td><td>1,099,552</td></tr><tr><td>Capital stock.</td><td>172,744</td><td>42,798</td><td>28,523</td><td>-</td><td>101,423</td></tr><tr><td>Accumulated net income, or deficit (-).</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total private interest.</td><td>1,361,136</td><td>99,493</td><td>60,668</td><td>-</td><td>1,200,976</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 investments:</td><td>204,306</td><td>106,817</td><td>37,489</td><td>-</td><td>-</td></tr><tr><td>Capital stock.</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></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>2,430,363</td><td>62,512</td><td>47,428</td><td>2,320,423 2/</td><td>-</td></tr><tr><td>Deposits of general and special fund revenues (-).</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total United States interest.</td><td>2,634,670</td><td>169,329</td><td>144,917</td><td>2,320,423</td><td>-</td></tr><tr><td>Total liabilities and investment.</td><td>8,780,717</td><td>713,855</td><td>2,027,286</td><td>2,464,610</td><td>3,574,966</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>204,306</td><td>106,817</td><td>97,489</td><td>-</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-).</td><td>2,430,363</td><td>62,512</td><td>47,428</td><td>2,320,423</td><td>-</td></tr><tr><td>Total U. S. investment including interagency items.</td><td>2,634,670</td><td>169,329</td><td>144,917</td><td>2,320,423</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>-23,055</td><td>-3,603</td><td>-19,450</td><td>-3</td><td>-</td></tr><tr><td>Due to Government agencies.</td><td>23,342</td><td>19,496</td><td>3,615</td><td>231</td><td>-</td></tr><tr><td>Total U. S. investment excluding interagency items.</td><td>2,634,956</td><td>185,222</td><td>129,082</td><td>2,320,651</td><td>-</td></tr></table>
1/ See Table 1, footnote 1.
2/ The surplus is not available by law for dividend distribution and is
considered by the Corporation as a reserve for future deposit insurance losses and related expenses with respect to insured banks. Less than $500.
122
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 6.- Certain Trust Revolving Funds, September 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</th><th>International telecommunication settlements</th><th>National Archives trust fund</th></tr><tr><td>ASSETS</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>972</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Fund balances with the U. S. Treasury 2/</td><td>213,971</td><td>6,941</td><td>4,419</td><td>1,438</td><td>58</td><td>239</td></tr><tr><td>Investments:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Public debt securities (per value).</td><td>250,100</td><td>16,066</td><td>222,576</td><td>10,500</td><td>-</td><td>102</td></tr><tr><td>Securities of Government enterprises.</td><td>898</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Unamortized premium, or discount (-).</td><td>-5,552</td><td>-83</td><td>-5,321</td><td>-143</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>58,745</td><td>28,916</td><td>11,984</td><td>1,051</td><td>-</td><td>1</td></tr><tr><td>Other (net).</td><td>798</td><td>-</td><td>564</td><td>-</td><td>64</td><td>15</td></tr><tr><td>Inventories.</td><td>416</td><td>44</td><td>9</td><td>4</td><td>-</td><td>37</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>2,231</td><td>146</td><td>2,085</td><td>-</td><td>-</td><td>*</td></tr><tr><td>On securities of Government enterprises.</td><td>217</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>13,278</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Loans receivable:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>2,629,082</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-).</td><td>-102,336</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Acquired security or collateral (net).</td><td>14,290</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Land, structures, and equipment.</td><td>1,121</td><td>42</td><td>26</td><td>6</td><td>-</td><td>51</td></tr><tr><td>Accumulated depreciation (-).</td><td>-695</td><td>-6</td><td>-12</td><td>*</td><td>-</td><td>-17</td></tr><tr><td>Other assets (net).</td><td>64,058</td><td>-</td><td>-</td><td>-</td><td>-</td><td>6</td></tr><tr><td>Total assets.</td><td>3,141,592</td><td>52,065</td><td>236,333</td><td>12,856</td><td>122</td><td>433</td></tr><tr><td>LIABILITIES</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></tr><tr><td>Government agencies.</td><td>187</td><td>79</td><td>104</td><td>-</td><td>-</td><td>4</td></tr><tr><td>Other.</td><td>51,013</td><td>34,179</td><td>14,500</td><td>2,168</td><td>55</td><td>13</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>1,067</td><td>-</td><td>38</td><td>104</td><td>-</td><td>-</td></tr><tr><td>Other.</td><td>19,778</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Advances from:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Government agencies.</td><td>-</td><td>-</td><td>-</td><td>-</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>31,303</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>260</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>Guaranteed by the United States.</td><td>2,283,561</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the United States.</td><td>20,309</td><td>3,236</td><td>424</td><td>10,574</td><td>-</td><td>8</td></tr><tr><td>Other liabilities (including reserves).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total liabilities.</td><td>2,407,480</td><td>37,494</td><td>15,066</td><td>12,846</td><td>55</td><td>25</td></tr><tr><td>NET INVESTMENT</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></tr><tr><td>Principal of fund.</td><td>299,263</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Capitalization of assets (net).</td><td>245,603</td><td>14,572</td><td>221,267</td><td>10</td><td>67</td><td>408</td></tr><tr><td>Accumulated net income, or deficit (-).</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total trust interest.</td><td>544,866</td><td>14,572</td><td>221,267</td><td>10</td><td>67</td><td>408</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>9,040</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>21,386</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>189,247</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total liabilities and investment.</td><td>3,141,592</td><td>52,065</td><td>236,333</td><td>12,856</td><td>122</td><td>433</td></tr></table>
1/ Consists of trust revolving funds that are submitting statements on
consists of trust revolving funds that are submitting statements on a quarterly basis and certain trust revolving funds that are submitting statements on a semiannual and an annual basis at the present time.
2/ See Table 1, footnots 1. * Less than $500.
(continued on following page)
February 1962
123
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 6.- Certain Trust Revolving Funds, September 30, 1961 - (Continued)
(In thousands of dollars)
<table><tr><th>Account</th><th>Housing and Home Finance Agency Federal National Mortgage Assoc. Secondary market operations</th><th>Agriculture Department Farmers' Home Administration State rural rehabilitation funds 3/</th><th>Defense Department Army Department United States Soldiers' Home revolving fund</th><th>Justice Department 3/ Federal Prison System Commissary funds, Federal prisons</th><th>Office of Alien Property Alien property fund</th><th>Office of Alien Property World War II Philippines, World War II</th><th>Office of Alien Property International Claims Settlem. Act, Title II fund</th></tr><tr><td colspan="8"><b>ASSETS</b></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>58,157</td><td>3,195</td><td>37</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>898</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>16,791</td><td>-</td><td>-</td><td>-</td><td>*</td><td>-</td><td>-</td></tr><tr><td>Other (net).......</td><td>147</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>103</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>217</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.......</td><td>12,648</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>2,605,589</td><td>23,491 4/</td><td>-</td><td>3</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.......</td><td>-99,564 5/</td><td>-2,772</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Allowance for losses (-).......</td><td>14,289</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>29</td><td>-</td><td>387</td><td>579</td><td>-</td><td>-</td></tr><tr><td>Land, structures, and equipment.......</td><td>-</td><td>-</td><td>-</td><td>-81</td><td>-579</td><td>-</td><td>-</td></tr><tr><td>Accumulated depreciation (-).......</td><td>9,570</td><td>31</td><td>-</td><td>-</td><td>54,146</td><td>157</td><td>148</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>2,618,742</td><td>25,552</td><td>141</td><td>740</td><td>191,213</td><td>2,155</td><td>1,241</td></tr><tr><td colspan="8"><b>LIABILITIES</b></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>16</td><td>*</td><td>4</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>891</td><td>34</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other.......</td><td>19,771</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>31,303</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Boonds, 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>260</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>2,283,561</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Not guaranteed by the United States.......</td><td>5,093</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>40</td><td>4</td><td>78</td><td>976</td><td>*</td><td>-</td></tr><tr><td>Total liabilities.......</td><td>2,340,896</td><td>40</td><td>4</td><td>78</td><td>976</td><td>*</td><td>-</td></tr><tr><td colspan="8"><b>NET INVESTMENT</b></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>77,532</td><td>27,961 6/</td><td>137 7/</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>662</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Accumulated net income, or deficit (-).......</td><td>11,067</td><td>-2,449</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total trust interest.......</td><td>88,599</td><td>25,512</td><td>137</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>9,040</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>21,386</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>189,247</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total liabilities and investment.......</td><td>2,618,742</td><td>25,552</td><td>141</td><td>740</td><td>191,213</td><td>2,155</td><td>1,241</td></tr></table>
Footnotes 1 and 2 on preceding pages. 2/ Figures are as of June 30, 1961, the latest available. 4/ Includes loans of $16,036 thousand which are insured by the Farmers' Home Administration, agricultural credit insurance fund (formerly known as the farm tenant mortgage insurances revolving fund).
5/ Includes unrealized purchase discounts amounting to $97,626 thousand
6/ Represents transfers from States.
7/ Represents principal of fund and capitalization of assets.
* Less than $500.
124
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section 1 - Statements of Financial Condition
Table 7.- Loans Outstanding September 30, 1961, Excluding Interagency Loans and Those Made by Deposit and Trust Revolving Funds, Classified by Types of Loans 1/
Part A.- Activities Reporting on a Quarterly Basis
(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 3/</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>12,735</td><td>-</td><td>12,735</td><td>-</td></tr><tr><td>Rural Electrification Administration.......................</td><td>3,408,955</td><td>-</td><td>3,408,955</td><td>-</td></tr><tr><td>Crop, livestock, and commodity loans:</td><td></td><td></td><td></td><td></td></tr><tr><td>Commodity Credit Corporation.......................</td><td>1,341,092</td><td>1,341,092</td><td>-</td><td>-</td></tr><tr><td>Emergency credit revolving fund.......................</td><td>51,276</td><td>51,276</td><td>-</td><td>-</td></tr><tr><td>Farmers' Home Administration.......................</td><td>2,553</td><td>-</td><td>2,553</td><td>-</td></tr><tr><td>Virgin Islands Corporation.......................</td><td>6</td><td>6</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>52,718</td><td>52,718</td><td>-</td><td>-</td></tr><tr><td>Farm mortgage loans:</td><td></td><td></td><td></td><td></td></tr><tr><td>Agricultural credit insurance fund.......................</td><td>30,226</td><td>30,226</td><td>-</td><td>-</td></tr><tr><td>Farmers' Home Administration.......................</td><td>543,705</td><td>-</td><td>543,705</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>336,091 4/</td><td>36,091 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>487,954</td><td>-</td><td>487,954</td><td>-</td></tr><tr><td>Total to aid agriculture.......................</td><td>6,667,310</td><td>311,408</td><td>4,455,902</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>217,311</td><td>217,311</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>1,551,337</td><td>1,551,337</td><td>-</td><td>-</td></tr><tr><td>Special assistance functions.......................</td><td>1,856,253</td><td>1,856,253</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>4,103</td><td>4,103</td><td>-</td><td>-</td></tr><tr><td>Liquidating programs.......................</td><td>692</td><td>692</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>172</td><td>172</td><td>-</td><td>-</td></tr><tr><td>Public Housing Administration.......................</td><td>378</td><td>378</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>1,248,362</td><td>1,248,362</td><td>-</td><td>-</td></tr><tr><td>Loan guaranty revolving fund.......................</td><td>4,103</td><td>4,103</td><td>-</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>7,322</td><td>7,322</td><td>-</td><td>-</td></tr><tr><td>Loan guaranty revolving fund.......................</td><td>407,821</td><td>407,821</td><td>-</td><td>-</td></tr><tr><td>Total to aid home owners.......................</td><td>5,293,352</td><td>5,298,354</td><td>-</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>12,901</td><td>12,901</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>5,412</td><td>5,412</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>3,676</td><td>3,676</td><td>-</td><td>-</td></tr><tr><td>Maritime activities.......................</td><td>129,791</td><td>-</td><td>129,791</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>12,996</td><td>12,996</td><td>-</td><td>-</td></tr><tr><td>Treasury Department.......................</td><td>118,334</td><td>118,334</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>3,417</td><td>3,417</td><td>-</td><td>-</td></tr><tr><td>Army Department.......................</td><td>2,480</td><td>2,480</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>Ceneral 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>Bureau of Commercial Fisheries:</td><td></td><td></td><td></td><td></td></tr><tr><td>Fisheries loan fund.......................</td><td>6,527</td><td>6,527</td><td>-</td><td>-</td></tr><tr><td>Virgin Islands Corporation.......................</td><td>112</td><td>112</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>434,798</td><td>434,798</td><td>-</td><td>-</td></tr><tr><td>Reconstruction Finance Corporation liquidation fund.......................</td><td>1,854</td><td>1,854</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>791</td><td>791</td><td>-</td><td>-</td></tr><tr><td>Reconstruction Finance Corporation liquidation fund.......................</td><td>3,394</td><td>3,394</td><td>-</td><td>-</td></tr><tr><td>Total to aid industry.......................</td><td>747,890</td><td>618,099</td><td>129,791</td><td>-</td></tr></table>
Footnotes at end of table.
(Continued on following page)
February 1962
125
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 7.- Loana Outstanding September 30, 1961, Excluding Interagency Loans and Those Made by Deposit and Trust Revolving Funda, Classified by Types of Loans - (Continued) Part A.- Activities Reporting on a Quarterly Basis - (Continued)
(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 3/</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>76,497</td><td>-</td><td>76,497</td><td>-</td></tr><tr><td>Housing and Home Finance Administrator:</td><td></td><td></td><td></td><td></td></tr><tr><td>Public facility loans</td><td>58,415</td><td>58,415</td><td>-</td><td>-</td></tr><tr><td>Liquidating programs</td><td>7,880</td><td>7,880</td><td>-</td><td>-</td></tr><tr><td>Urban renewal fund</td><td>96,812</td><td>96,812</td><td>-</td><td>-</td></tr><tr><td>Inland Waterways Corporation</td><td>4</td><td>4</td><td>-</td><td>-</td></tr><tr><td>Public Housing Administration</td><td>110,422</td><td>110,422</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>33,163</td><td>-</td><td>33,163</td><td>-</td></tr><tr><td>Total to aid States, Territories, etc.</td><td>383,193</td><td>273,533</td><td>109,660</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></td><td></td><td></td><td></td></tr><tr><td>Export-Import Bank of Washington</td><td>12,898</td><td>12,898</td><td>-</td><td>-</td></tr><tr><td>Other purposes:</td><td></td><td></td><td></td><td></td></tr><tr><td>Commerce Department:</td><td></td><td></td><td></td><td></td></tr><tr><td>Maritime activities</td><td>14,093</td><td>-</td><td>14,093</td><td>-</td></tr><tr><td>Development loan fund</td><td>146,149</td><td>146,149</td><td>-</td><td>424,629 5/</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>3,573,637</td><td>3,573,637</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>53,405 6/</td></tr><tr><td>International Cooperation Administration</td><td>1,765,209</td><td>-</td><td>1,765,209</td><td>1,951,856 6/</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>8,832,214</td><td>3,732,690</td><td>5,099,524</td><td>2,429,891</td></tr><tr><td>Other loans:</td><td></td><td></td><td></td><td></td></tr><tr><td>Farm Credit Administration:</td><td></td><td></td><td></td><td></td></tr><tr><td>Federal Farm Mortgage Corporation</td><td>1,525</td><td>1,525</td><td>-</td><td>-</td></tr><tr><td>General Services Administration:</td><td></td><td></td><td></td><td></td></tr><tr><td>Federal Facilities Corporation</td><td>6,626</td><td>6,626</td><td>-</td><td>-</td></tr><tr><td>Surplus property credit sales</td><td>83,689</td><td>-</td><td>83,689</td><td>-</td></tr><tr><td>Health, Education, and Welfare Department:</td><td></td><td></td><td></td><td></td></tr><tr><td>Office of Education:</td><td></td><td></td><td></td><td></td></tr><tr><td>Loans to students (World War II)</td><td>153</td><td>-</td><td>153</td><td>-</td></tr><tr><td>Housing and Home Finance Administrator:</td><td></td><td></td><td></td><td></td></tr><tr><td>College housing loans</td><td>1,004,978</td><td>1,004,978</td><td>-</td><td>-</td></tr><tr><td>Housing for the elderly</td><td>325</td><td>325</td><td>-</td><td>-</td></tr><tr><td>Liquidating programs</td><td>7,466</td><td>7,466</td><td>-</td><td>-</td></tr><tr><td>Interior Department:</td><td></td><td></td><td></td><td></td></tr><tr><td>Bureau of Indian Affairs:</td><td></td><td></td><td></td><td></td></tr><tr><td>Revolving fund for loans</td><td>10,496</td><td>10,496</td><td>-</td><td>-</td></tr><tr><td>Office of Territories:</td><td></td><td></td><td></td><td></td></tr><tr><td>Loans to private trading enterprises</td><td>142</td><td>142</td><td>-</td><td>-</td></tr><tr><td>Public Housing Administration:</td><td>420</td><td>420</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>49,120</td><td>49,120</td><td>-</td><td>-</td></tr><tr><td>Reconstruction Finance Corporation liquidation fund</td><td>1,617</td><td>1,617</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>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>Service-disabled veterans' insurance fund</td><td>1,695</td><td>1,695</td><td>-</td><td>-</td></tr><tr><td>Soldiers' and sailors' civil relief</td><td>37</td><td>37</td><td>-</td><td>-</td></tr><tr><td>Veterans' special term insurance fund</td><td>459</td><td>459</td><td>-</td><td>-</td></tr><tr><td>Vocational rehabilitation revolving fund</td><td>99</td><td>99</td><td>-</td><td>-</td></tr><tr><td>Total other loans</td><td>1,168,952</td><td>1,085,005</td><td>83,947</td><td>-</td></tr><tr><td>Total loans</td><td>22,742,913</td><td>12,864,090</td><td>9,878,823</td><td>2,429,891</td></tr></table>
Footnotes at end of table.
(Continued on following page)
126
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 7.- Loans Outstanding September 30, 1961, Excluding Interagency Loans and Those Made by Deposit and Trust Revolving Funds, Classified by Types of Loans - (Continued)
Part B.- Activities Reporting on an Annual Basis
(In thousands of dollars)
<table><tr><th>Type of loan and lending agency</th><th>United States dollar loans Certain other activities</th><th>Foreign currency loans 3/</th></tr><tr><td>Loans to aid industry:</td><td></td><td></td></tr><tr><td>Other purposes:</td><td></td><td></td></tr><tr><td>Interior Department:</td><td></td><td>-</td></tr><tr><td>Office of Minerals Exploration</td><td>374</td><td>-</td></tr><tr><td>To aid States, Territories, etc.:</td><td></td><td></td></tr><tr><td>Health, Education, and Welfare Department:</td><td>687</td><td>-</td></tr><tr><td>Public Health Service</td><td></td><td>-</td></tr><tr><td>Interior Department:</td><td>34,711 8</td><td>-</td></tr><tr><td>Bureau of Reclamation</td><td></td><td>-</td></tr><tr><td>Office of Territories:</td><td>16,773</td><td>-</td></tr><tr><td>Alaska public works</td><td>866</td><td>-</td></tr><tr><td>National Capital Planning Commission</td><td></td><td>-</td></tr><tr><td>Total to aid States, Territories, etc.</td><td>53,243</td><td>-</td></tr><tr><td>Foreign loans:</td><td></td><td></td></tr><tr><td>Military assistance credit sales:</td><td></td><td></td></tr><tr><td>Defense Department:</td><td></td><td>-</td></tr><tr><td>Air Force Department</td><td>10,900</td><td>-</td></tr><tr><td>Army Department</td><td>33,364</td><td>-</td></tr><tr><td>Navy Department</td><td>13,257</td><td>-</td></tr><tr><td>Other purposes:</td><td></td><td></td></tr><tr><td>International Cooperation Administration</td><td>-</td><td>20,189 6/</td></tr><tr><td>Total foreign loans</td><td>54,921</td><td>20,189</td></tr><tr><td>Other loans:</td><td></td><td></td></tr><tr><td>Health, Education, and Welfare Department:</td><td></td><td></td></tr><tr><td>Office of Education:</td><td></td><td>-</td></tr><tr><td>Loans to students in institutions of higher education</td><td>176,260</td><td>-</td></tr><tr><td>Loans to institutions and nonprofit schools</td><td>2,661</td><td>-</td></tr><tr><td>Interior Department:</td><td></td><td></td></tr><tr><td>Bureau of Indian Affairs:</td><td></td><td>-</td></tr><tr><td>Loans for Indian assistance</td><td>31</td><td>-</td></tr><tr><td>State Department:</td><td></td><td>-</td></tr><tr><td>Loan to United Nations</td><td>45,000</td><td>-</td></tr><tr><td>Emergency loans to individuals</td><td>865</td><td>-</td></tr><tr><td>Veterans' Administration:</td><td></td><td>-</td></tr><tr><td>Insurance appropriations policy loans</td><td>749</td><td>-</td></tr><tr><td>Total other loans</td><td>225,565</td><td>-</td></tr><tr><td>Total loans</td><td>333,903</td><td>20,189</td></tr></table>
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. Does not include foreign currency loans. 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.
5. Public enterprise revolving fund.
6. Certain other activity.
7. Certain executive departments and activities are submitting financial statements on an annual basis as of June 30, pursuant to Supplement No. 1 to Department Circular No. 966. Complete balance sheets as of September 30, 1961, were not submitted, but the agencies that had loans receivable as of that date submitted reports on the outstanding amounts which are shown in this part of the table.
8. As of June 30, 1961, the latest available.
February 1962
127
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 colspan="6">To aid agriculture</th><th colspan="3">To aid home owners</th></tr><tr><th></th><th>Total 1/</th><th>Total to aid agriculture</th><th>Agricultural credit corporations</th><th>Cooperative associations</th><th>Crop, live-stock, and commodity loans 2/</th><th>Farm mortgage loans</th><th>Other</th><th>Total to aid home owners</th><th>Mortgage loans</th><th>Other</th></tr><tr><td>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>.2</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>34.2</td><td>2,914.2</td><td>2,914.1</td><td>.1</td></tr><tr><td>1954</td><td>18,743.8</td><td>6,389.1</td><td>774.0</td><td>2,467.9</td><td>2,460.5</td><td>647.2</td><td>39.5</td><td>2,812.4</td><td>2,812.2</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 3/</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 3/</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>311.2</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>6,725.4</td><td>686.5</td><td>2,721.7</td><td>2,669.7</td><td>596.4</td><td>41.2</td><td>3,204.4</td><td>3,204.1 3/</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 3/</td></tr><tr><td>1957</td><td>22,755.6</td><td>6,681.1</td><td>928.8</td><td>3,152.0</td><td>1,840.7</td><td>357.5</td><td>401.9</td><td>4,768.6</td><td>4,642.0</td><td>126.6</td></tr><tr><td>1958</td><td>25,851.1</td><td>8,684.9</td><td>1,160.5</td><td>3,394.2</td><td>3,333.9</td><td>399.5</td><td>396.7</td><td>4,860.3</td><td>4,671.8</td><td>188.5</td></tr><tr><td>1959</td><td>28,277.7</td><td>7,762.5</td><td>1,396.4</td><td>3,715.4</td><td>1,752.8</td><td>484.3</td><td>413.5</td><td>6,735.1</td><td>6,462.1</td><td>273.0</td></tr><tr><td>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>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><tr><td>September</td><td>30</td><td>32,771.3</td><td>8,780.7</td><td>1,844.2</td><td>4,066.9</td><td>1,731.0</td><td>590.4</td><td>548.2</td><td>7,903.9</td><td>7,488.8</td><td>415.1</td></tr></table><table><tr><th>End of period</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>To aid States, Territories, etc.</th><th>Foreign loans 4/ 5/</th><th>Other loans</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></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>612.6</td><td>78.6</td><td>2/</td><td>535.9</td><td>718.5</td><td>*</td><td>4.5</td><td>713.9</td><td>732.7</td><td>7,798.4</td><td>88.5</td></tr><tr><td>1954</td><td>426.7</td><td>11.9</td><td>-</td><td>414.7</td><td>677.9</td><td>2.8</td><td>3.7</td><td>671.4</td><td>332.3</td><td>7,964.8</td><td>138.7</td></tr><tr><td>1955</td><td>438.5</td><td>12.7</td><td>-</td><td>425.8</td><td>1,019.2</td><td>2.2</td><td>3.4</td><td>1,013.5</td><td>255.2</td><td>8,032.4</td><td>218.6</td></tr><tr><td>1956</td><td>626.9</td><td>12.7</td><td>221.0</td><td>393.2</td><td>1,180.6</td><td>7.2</td><td>7.2</td><td>1,173.4</td><td>226.8</td><td>8,171.6</td><td>174.3</td></tr><tr><td>1957</td><td>639.6</td><td>12.3</td><td>218.6</td><td>408.8</td><td>1,086.6</td><td>7.2</td><td>7.2</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>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></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>2/</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>286.0</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>7.2</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>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></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><tr><td>September</td><td>30</td><td>748.3</td><td>18.3</td><td>133.5</td><td>596.5</td><td>2,170.4</td><td>46.1</td><td>-</td><td>2,124.3</td><td>436.2</td><td>11,337.2</td><td>1,394.5</td></tr></table>
Footnotes on page 130.
(Continued on following page)
128
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 - (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 colspan="2">Export-Import Bank of Washington</th><th colspan="3">Farm Credit Administration</th><th>Fed. Home Loan Bk. Board</th><th>Reconstruction Finance Corp. 10/ 11/</th><th>Small Business Administration</th><th>Veterans' Administration</th><th>General Services Administration</th></tr><tr><th></th><th></th><th></th><th></th><th>Expansion of defense prod.</th><th>Other</th><th>Sanks for cooperatives</th><th>Federal Farm Mortgage Corp.2/</th><th>Federal intermediate credit banks</th><th>Fed. home loan banks</th><th></th><th></th><th>Direct loan program</th><th>Loan guaranty rev. fund 12/</th><th>13/</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 14/</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>-</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>59.4</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>132.3</td><td>28.3</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>207.4</td><td>39.5</td><td>86.5</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>298.2</td><td>50.8</td><td>85.6</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>370.2</td><td>60.5</td><td>84.5</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>433.3</td><td>78.2</td><td>83.4</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>521.3</td><td>106.8</td><td>82.3</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>245.5</td><td>694.1</td><td>156.8</td><td>81.1</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>346.6</td><td>824.7</td><td>231.8</td><td>79.9</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>393.7</td><td>1,054.9</td><td>315.6</td><td>162.7</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>466.0</td><td>1,228.7</td><td>388.5</td><td>165.9</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 14/</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>-</td><td>11.0</td><td>87.2</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>112.7</td><td>22.7</td><td>87.1</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>164.0</td><td>33.7</td><td>86.7</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>377.3</td><td>18.4</td><td>590.2</td><td>951.6</td><td>589.5</td><td>-</td><td>257.1</td><td>44.2</td><td>85.9</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>328.6</td><td>55.6</td><td>84.9</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>412.8</td><td>68.2</td><td>83.8</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>463.8</td><td>91.2</td><td>82.6</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>640.4</td><td>129.2</td><td>81.5</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>745.6</td><td>190.0</td><td>80.3</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>893.8</td><td>272.8</td><td>79.1</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>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>163.4</td></tr><tr><td>Sept. 30.</td><td>32,771.3</td><td>570.8</td><td>3,737.3</td><td>12.9</td><td>3,627.0</td><td>645.7</td><td>1.5</td><td>1,844.2</td><td>2,124.3</td><td>-</td><td>487.4</td><td>1,256.2</td><td>411.9</td><td>167.4</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="3">Treasury Department</th><th rowspan="2">Other 21/</th></tr><tr><th>Office of the Administrator 15/</th><th>Federal National Mortgage Association 16/ Manage and liquidating</th><th>Secondary market</th><th>Special assistance</th><th>Federal Housing Administration 17/</th><th>Public Housing Administration 18/</th><th>Commodity Credit Corporation</th><th>Farmers' Home Administration 19/</th><th>Rural Electrification Administration</th><th>Maritime activities</th><th>RFC (in liquidation) 10/</th><th>Expansion of defense prod.</th><th>Other 20/</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><td></td></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>29.4</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>41.1</td></tr><tr><td>1953</td><td>59.2</td><td>2,497.8</td><td>-</td><td>-</td><td>37.4</td><td>634.9</td><td>1,162.6</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>35.1</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>151.2</td><td>151.2</td><td>3,651.1</td><td>40.1</td></tr><tr><td>1955</td><td>229.4</td><td>2,584.5</td><td>9.1</td><td>-</td><td>56.6</td><td>99.5</td><td>2,137.4</td><td>769.6</td><td>2,285.6</td><td>-</td><td>11.9</td><td>202.1</td><td>170.9</td><td>3,601.0</td><td>28.6</td></tr><tr><td>1956</td><td>308.2</td><td>2,495.6</td><td>233.4</td><td>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>116.6</td><td>185.4</td><td>3,555.2</td><td>31.8</td></tr><tr><td>1957</td><td>456.7</td><td>2,356.5</td><td>1,248.1</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>70.4</td><td>180.2</td><td>3,509.5</td><td>35.1</td></tr><tr><td>1958</td><td>477.2</td><td>2,218.5</td><td>1,393.6</td><td>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>181.7</td><td>3,522.5</td><td>38.3</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>169.4</td><td>3,470.5</td><td>78.4</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>162.9</td><td>3,406.2</td><td>307.6</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>152.3</td><td>13.3</td><td>-</td><td>121.6</td><td>3,369.4</td><td>367.7</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><td></td></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>3,779.6</td><td>27.7</td></tr><tr><td>1951</td><td>40.5</td><td>1,849.6</td><td>-</td><td>-</td><td>29.5</td><td>609.3</td><td>782.3</td><td>538.7</td><td>1,742.1</td><td>6/</td><td>-</td><td>-</td><td>-</td><td>3,779.6</td><td>36.2</td></tr><tr><td>1952</td><td>42.2</td><td>2,241.8</td><td>-</td><td>-</td><td>35.0</td><td>922.4</td><td>1,426.4</td><td>596.3</td><td>1,919.7</td><td>6/</td><td>5.1</td><td>-</td><td>-</td><td>3,697.0</td><td>36.4</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>8.9</td><td>-</td><td>146.8</td><td>3,651.6</td><td>41.6</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>162.6</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>3,552.9</td><td>30.3</td></tr><tr><td>1956</td><td>352.4</td><td>2,417.8</td><td>648.7</td><td>5.6</td><td>-</td><td>106.0</td><td>2,348.9</td><td>757.6</td><td>2,488.2</td><td>276.5</td><td>15.8</td><td>89.4</td><td>178.6</td><td>3,507.1</td><td>30.9</td></tr><tr><td>1957</td><td>356.7</td><td>2,289.9</td><td>1,635.8</td><td>72.2</td><td>-</td><td>105.4</td><td>1,778.1</td><td>832.1</td><td>2,687.6</td><td>265.4</td><td>18.0</td><td>-</td><td>177.5</td><td>3,557.5</td><td>42.0</td></tr><tr><td>1958</td><td>570.1</td><td>2,124.3</td><td>1,380.7</td><td>418.6</td><td>-</td><td>95.9</td><td>3,298.4</td><td>841.8</td><td>2,874.4</td><td>226.3</td><td>14.7</td><td>-</td><td>176.3</td><td>3,469.9</td><td>31.9</td></tr><tr><td>1959</td><td>835.1</td><td>1,949.5</td><td>2,049.8</td><td>1,568.4</td><td>-</td><td>87.4</td><td>1,745.0</td><td>915.9</td><td>3,082.7</td><td>195.2</td><td>14.3</td><td>-</td><td>164.9</td><td>3,406.3</td><td>34.0</td></tr><tr><td>1960</td><td>1,007.7</td><td>1,659.5</td><td>2,903.0</td><td>1,779.1</td><td>183.3</td><td>99.3</td><td>1,876.6</td><td>983.9</td><td>3,287.3</td><td>171.3</td><td>13.6</td><td>-</td><td>161.7</td><td>3,353.3</td><td>346.2</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><td></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>3,405.5</td><td>34.5</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>3,406.6</td><td>340.6</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>3,356.7</td><td>364.8</td></tr><tr><td>Sept. 30.</td><td>1,184.9</td><td>1,551.3</td><td>2,605.6</td><td>1,856.3</td><td>217.3</td><td>111.2</td><td>1,729.9</td><td>1,151.9</td><td>3,409.0</td><td>147.6</td><td>13.0</td><td>-</td><td>131.2</td><td>3,362.8</td><td>412.5</td></tr></table>
Footnotes on page 130.
February 1962
129
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Footnotes to Table 1
1/ 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. 2/ Includes foreign currency assets, representing loans and other receivables recoverable in foreign currency as well as balances of foreign currencies in United States depositaries, aggregating $2,700,936 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 on hand and on deposit, and loans under section 124 (a) of the Agricultural Trade Development and Assistance Act of 1954, as amended, are stated at the rates as of September 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/ The Office of Civil and Defense Mobilization is now known as the Office of Emergency Planning in accordance with the act approved September 22, 1961 (75 Stat. 630). 
2/ See Table 1, footnote 1. 
3/ Foreign currency assets are included throughout the table. See Table 1, footnote 2. 
4/ 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:
<table><tr><th>Activity</th><th>(In thousands of dollars)</th></tr><tr><td>Development loan fund</td><td>27,748</td></tr><tr><td>Small Business Administration:</td><td></td></tr><tr><td>Revolving fund (June 30, 1961)</td><td>21,680</td></tr><tr><td>Veterans' Administration:</td><td></td></tr><tr><td>Loan guaranty revolving fund (June 30, 1961)</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 (June 30, 1961)</td><td>713,348</td></tr><tr><td>Federal housing Administration</td><td>35,485,787</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>2,998,976</td></tr><tr><td>Local housing authority temporary notes (guaranteed)</td><td>871,140</td></tr><tr><td>Agriculture Department:</td><td></td></tr><tr><td>Farmers' Home Administration:</td><td></td></tr><tr><td>Agricultural credit insurance fund</td><td>192,761</td></tr><tr><td>Commerce Department:</td><td></td></tr><tr><td>Federal ship mortgage insurance fund</td><td>358,107</td></tr><tr><td>Defense production guarantees (various activities)(June 30, 1961)</td><td>171,377</td></tr></table>
5/ Represents the remaining accountability of the United States Government in certain assets and liabilities transferred from the Reconciliation Finance Corporation effective July 1, 1954.
6/ This Corporation was abolished October 4, 1961, pursuant to the act approved October 4, 1961 (75 Stat. 773), and its remaining assets
7/ Represents notes acquired from the sale of certain assets to the Federal land banks (see footnote 1 at the end of Table 7).
8/ The surplus is considered by the Corporation as available for future insurance losses and related expenses with respect to insured institutions.
9/ Represents accrued interest expense on borrowings from the United States Treasury on which payment has been deferred.
10/ Consists of net income from power operations of $592,958 thousand and net expense of nonrevenue-producing programs of $231,337 thousand.
11/ Included beginning September 30, 1961 (see Table 4, footnote 1).
12/ This Corporation was dissolved at the close of September 30, 1961, pursuant to the act approved August 30, 1961 (75 Stat. 419). The liquidation functions are being carried on by the Administrator of General Services.
13/ Represents purchase money mortgages formerly classified as other assets (see footnote 1 at the end of Table 7).
14/ Represents the equity of the United States Treasury in this fund.
15/ Includes reserves and unrealized equity in the assets of the Defense Homes Corporation which are being liquidated by the Association.
16/ Includes unrealized purchase discounts amounting to $5,937 thousand.
17/ The funds previously reported under this heading as the disaster loans, etc., revolving fund and the farm tenant mortgage insurance fund are now designated as the emergency credit revolving fund and the agricultural credit insurance fund, respectively, pursuant to the act approved August 8, 1961 (75 Stat. 309, 312).
18/ Includes operating and administrative expenses funds.
19/ Includes guaranteed loans and certificates of interest aggregating $336,091 thousand which are held by lending agencies.
20/ Established by Executive Order No. 10952 dated July 20, 1961.
21/ Figures are as of June 30, 1961, the latest available.
22/ Includes $8,903 thousand advanced from a revolving fund which has been established by appropriations.
23/ Figures are as of October 13, 1961.
24/ Valued at cost, estimated if not known. Amounts, including accumulated depreciation, are to some extent preliminary, and subject to adjustment.
25/ The assets and liabilities of this fund exclude resources on order of $180,596 thousand as reported by the Post Office Department.
* Less than $500.
Footnotes to Table 3
1/ Consists of administrative expenses, foreign aid procurements; construction services, public buildings; and working capital fund.
2/ See Table 1, footnote 1.
3/ Has been reduced by rescissions and transfers made by the Defense Department stock funds (see footnote 5).
4/ Excludes capital property such as land, structures, and equipment
as follows: Air Force, $1,207,625 thousand; Army, $1,463,543 thousand; and Navy, $2,535,900 thousand.
5/ Has been reduced by rescissions and transfers to other accounts as follows: Air Force, $455,000 thousand; Army, $3,110,500 thousand; Navy, $1,691,500 thousand; and Marine Corps, $157,500 thousand.
* Less than $500.
Footnotes to Table 4
1/ The Veterans' Administration loan guaranty program, formerly included in this table, was converted to a revolving fund effective July 1, 1961, pursuant to the act approved July 14, 1960 (74 Stat. 533), and is now included in Table 2.
2/ Represents assets and liabilities of the United States Civil Service Commission exclusive of trust and revolving funds.
2/ Represents the Cooley loan program established pursuant to the act approved August 13, 1957 (71 Stat. 345).
4/ See Table 1, footnote 1.
2/ Foreign currency assets are included throughout the table, Sea Table 1, footnote 2).
6/ Included beginning September 30, 1961.
7/ The "Panama Canal Bridge" has been designated the "Thatcher Ferry Bridge" pursuant to the act approved August 3, 1961 (75 Stat. 279).
8/ Represents assets and liabilities of the General Services Administration exclusive of trust and revolving funds and strategic and critical materials.
9/ 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).
10/ Includes vessels owned and under construction.
11/ Represents allowance for losses from scrapping of obsolete vessels.
12/ 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 $4,125,000 thousand, $35,168 thousand, $80,000 thousand, and $73,667 thousand, respectively.
13/ 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 $1,510,835 thousand.
14/ Includes loan to the United Kingdom amounting to $3,314,460 thousand outstanding.
15/ Represents interest on invested capital. * Less than $500.
130
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
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 Department Circular No. 966 (see footnote 1 at end of Table 7). Includes guaranteed loans held by lending agencies.
2. The major portion of the loans of the Veterans' Administration loan guaranty revolving fund is included under "Mortgage loans" through 1956 and under "Other" to aid home owners thereafter (see footnote 12).
4. Figures representing loans made by the International Cooperation Administration prior to 1952 are not available at this time.
1. Includes guaranteed loans held by lending agencies through December 31, 1949, and the loan to the United Kingdom.
1. 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, 1950, abolished the United States Maritime Commission and transferred its functions into the Department of Commerce.
2. 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.
3. Established in the Department of State by Executive Order No. 1061C, dated May 9, 1955, and effective at the close of business June 30, 1955, as successor to the Foreign Operations Administration. Data for earlier periods are for predecessor agencies.
2. From June 30, 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 30, 1960, are included in this table (see footnote 1 at end of Table 7).
11. On September 29, 1953, pursuant to the act approved July 30, 1953 (15 U.S.C. 609), the Reconstruction Finance Corporation started liquidation of its activities, except those carried on by the Corporation pursuant to Section 409 of the Federal Civil Defense Act of 1950 (50 App. U.S.C. 2261) and expansion of defense production activities carried on pursuant to the Defense Production Act of 1950, as amended (50 App. U.S.C. 2091-2094), which had been transferred to the Secretary of the Treasury as of September 28, 1953, and as of the close of business on September 28, 1953, respectively. Effective at the close of business June 30, 1954, pursuant to Reorganization Plan No. 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 complete their liquidation, pursuant to the act of July 30, 1953, as amended June 29, 1954. The Corporation was abolished effective at the close of business June 30, 1957, by Reorganization Plan No. 1, of 1957, and the remaining functions of the Corporation were transferred to the Housing and Home Finance Administrator, Administrator of General Services, Administrator of the Small Business Administration, and the Secretary of the Treasury.
11. Figures include loans for expansion of defense production, from June 30, 1951, through June 30, 1953, and Federal civil defense loans as of June 30, 1953 (see footnote 10).
12. The Veterans' Administration loan guaranty program was converted to a revolving fund effective July 1, 1961, pursuant to the act approved July 14, 1960 (72 Stat. 533).
12. Figures through March 31, 1960, consist of loans of the Public Works Administration (in liquidation). Figures beginning June 30, 1960, include also: loans of Federal Facilities Corporation, the Reconstruction Finance Corporation liquidation fund, surplus property credit sales (see footnote 1 at end of Table 7), and loans acquired pursuant to the Defense Production Act of 1950, as amended (50 App. U.S.C. 2091) through March 31, 1961.
14. Totals include loans of Home Owners' Loan Corporation amounting to $34.2 million as of June 30, 1960, and $2.2 million as of December 31, 1959.
15/ Figure for June 30, 1950, consists of Alaska housing loans. Subsequent figures include also: beginning December 31, 1950, loans for community facilities service (previously included under Public Works Administration), prefabricated housing loans (transferred from the Reconstruction Finance Corporation) and urban renewal loans authorized by the Housing Act of 1949, as amended (42 U.S.C. 1453 (a)); beginning December 31, 1951, college housing loans authorized by the Housing Act of 1950, as amended (14 U.S.C. 1749); beginning December 31, 1954, loans held by the revolving fund established pursuant to the act approved June 24, 1954 (68 Stat. 295) for liquidation of not only Alaska housing, community facilities service and prefabricated housing loans already included but also loans under the Farm Security Administration program, the public war housing program, and the veterans' re-use housing program, all three of which previously were handled by the Public Housing Administration; as of December 31, 1955, public works planning loans authorized by the Housing Act of 1954 approved August 7, 1954 (40 U.S.C. 462); beginning December 31, 1956, public facility loans authorized by the Housing Amendments of 1955 approved August 11, 1955 (42 U.S.C. 1491); as of December 31, 1956, June 30, 1957, and from June 30, 1960, through September 30, 1961, community disposal operations loans authorized by the Atomic Energy Community Act of 1955 approved August 4, 1955 (42 U.S.C. 2301 note) and Executive Order No. 10657 of February 14, 1956; and as of September 30, 1961, loans for housing for the elderly authorized by the Housing Act of 1959, as amended (12 U.S.C. 1701q). 16/ The Federal National Mortgage Association Charter Act approved August 2, 1952 (12 U.S.C. 1716), authorized the Association to carry on three functions consisting of management and liquidating functions, secondary market operations, and special assistance functions. Its activities under these three functions began on November 1, 1954. 17/ From June 30, 1956, 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, 1956, are included in this table (see footnote 1 at end of Table 7). 18/ 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 15). 19/ Consists of the emergency credit revolving fund, the agricultural credit insurance fund (formerly known as the disaster loans, etc., revolving fund and the farm tenant mortgage insurance fund, respectively); the farm housing and other loan programs; and the State rural rehabilitation funds beginning June 30, 1956. Prior to June 30, 1956, the agricultural credit insurance fund was included in the statement of financial condition of the loan programs. 20/ 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 10). 21/ 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, 1950; 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 30, 1959, and from June 30, 1960, through September 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 as of December 31, 1959 and March 31, 1960. * Less than $50,000.
February 1962
131
CUMULATIVE TABLE OF CONTENTS
March 1961 through February 1962
<table><tr><th></th><th colspan="10">Issue and page number</th><th colspan="2">1962</th></tr><tr><th></th><th>Mar.</th><th>Apr.</th><th>May</th><th>June</th><th>July</th><th>Aug.</th><th>Sept.</th><th>Oct.</th><th>Nov.</th><th>Dec.</th><th>Jan.</th><th>Feb.</th></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>4</td><td>4</td><td>4</td><td>4</td><td>4</td><td>4</td><td>4</td><td>4</td><td>4</td><td>4</td></tr><tr><td>Interfund transactions excluded from both net budget receipts and budget expenditures</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><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>13</td><td>13</td><td>13</td><td>13</td><td>13</td><td>13</td><td>13</td><td>13</td><td>13</td><td>13</td></tr><tr><td>Federal Old-Age and Survivors Insurance Trust Fund</td><td>...</td><td>...</td><td>14</td><td>14</td><td>14</td><td>14</td><td>14</td><td>14</td><td>14</td><td>14</td><td>14</td><td>14</td></tr><tr><td>Federal Disability Insurance Trust Fund</td><td>...</td><td>...</td><td>15</td><td>15</td><td>15</td><td>15</td><td>15</td><td>15</td><td>15</td><td>15</td><td>15</td><td>15</td></tr><tr><td>Railroad Retirement Account</td><td>...</td><td>...</td><td>16</td><td>16</td><td>16</td><td>16</td><td>16</td><td>16</td><td>16</td><td>16</td><td>16</td><td>16</td></tr><tr><td>Unemployment Trust Fund</td><td>...</td><td>...</td><td>17</td><td>17</td><td>17</td><td>17</td><td>17</td><td>17</td><td>17</td><td>17</td><td>17</td><td>17</td></tr><tr><td>National Service Life Insurance Fund</td><td>...</td><td>...</td><td>18</td><td>...</td><td>...</td><td>18</td><td>...</td><td>...</td><td>18</td><td>...</td><td>...</td><td>18</td></tr><tr><td>Investments of specified trust accounts in public debt securities, by issues (latest date December 31, 1961)</td><td>...</td><td>...</td><td>17</td><td>...</td><td>...</td><td>18</td><td>...</td><td>...</td><td>18</td><td>...</td><td>...</td><td>18</td></tr><tr><td>Cash income and outgo:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Summary of Federal Government cash transactions with the public</td><td>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><td>15</td><td>20</td></tr><tr><td>Summary of cash transactions through Treasurer's account</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><td>15</td><td>20</td></tr><tr><td>Derivation of Federal receipts from the public, and reconciliation to cash deposits in Treasurer's account</td><td>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><td>16</td><td>21</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>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><td>16</td><td>21</td></tr><tr><td>Intragovernmental transactions</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><td>17</td><td>22</td></tr><tr><td>Accrued interest and other noncash expenditures</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><td>17</td><td>22</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>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><td>18</td><td>23</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>19</td><td>24</td><td>19</td><td>20</td><td>25</td><td>20</td><td>20</td><td>25</td><td>20</td><td>20</td><td>25</td></tr><tr><td>Analysis of changes in tax and loan account balances</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><td>21</td><td>26</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>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><td>22</td><td>27</td></tr><tr><td>Computed interest charge and rate on Federal securities</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><td>22</td><td>27</td></tr><tr><td>Interest-bearing public debt</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><td>23</td><td>28</td></tr><tr><td>Average length and maturity distribution of marketable interest-bearing public debt</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><td>23</td><td>28</td></tr><tr><td>Special public debt issues to U. S. Government investment accounts</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>24</td><td>24</td><td>29</td></tr><tr><td>Treasury holdings of securities issued by Government agencies</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>25</td><td>25</td><td>30</td></tr><tr><td>Interest-bearing securities issued by Federal agencies but not guaranteed by the U. S. Government</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><td>26</td><td>31</td></tr><tr><td>Statutory debt limitation</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>27</td><td>27</td><td>32</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>27</td><td>32</td><td>27</td><td>28</td><td>33</td><td>28</td><td>28</td><td>33</td><td>28</td><td>28</td><td>33</td></tr><tr><td>Offerings of Treasury bills</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><td>30</td><td>35</td></tr><tr><td>New money financing through regular weekly Treasury bills</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>32</td><td>32</td><td>37</td></tr><tr><td>Offerings of public marketable securities other than regular weekly Treasury bills</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><td>34</td><td>39</td></tr><tr><td>Allotments by investor classes on subscriptions for public marketable securities other than regular weekly Treasury bills</td><td>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>40</td><td>40</td><td>45</td></tr><tr><td>Disposition of matured public marketable securities other than regular weekly Treasury bills</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>43</td><td>43</td><td>48</td></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></tr><tr><td>Cumulative sales and redemptions by series</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><td>49</td><td>55</td></tr><tr><td>Sales and redemptions by periods, all series combined</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><td>49</td><td>55</td></tr><tr><td>Sales and redemptions by periods, Series E through K</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><td>50</td><td>56</td></tr><tr><td>Redemptions of matured and unmatured bonds</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><td>52</td><td>58</td></tr><tr><td>Sales and redemptions by denominations, Series E and H combined</td><td>...</td><td>...</td><td>55</td><td>...</td><td>57</td><td>58</td><td>...</td><td>...</td><td>57</td><td>...</td><td>...</td><td>60</td></tr><tr><td>Sales by States, Series E and H combined</td><td>...</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>
(Continued on following page)
132
Treasury Bulletin
CUMULATIVE TABLE OF CONTENTS
March 1961 through February 1962 - (Continued)
<table><tr><th colspan="13">Issue and page number</th></tr><tr><th></th><th>Mar.</th><th>Apr.</th><th>May</th><th>June</th><th>July</th><th>Aug.</th><th>Sept.</th><th>Oct.</th><th>Nov.</th><th>Dec.</th><th>Jan.</th><th>Feb.</th></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></tr><tr><td>Distribution by classes of investors and types of issues.</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><td>53</td><td>6</td></tr><tr><td>Net market purchases or sales for investment accounts handled by the Treasury.</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><td>53</td><td>6</td></tr><tr><td>Estimated ownership.</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><td>54</td><td>6</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></tr><tr><td>Ownership by banks, insurance companies, and others.</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><td>55</td><td>6</td></tr><tr><td>Ownership by commercial banks classified by membership in Federal Reserve System (latest date December 31, 1961).</td><td>56</td><td></td><td></td><td></td><td></td><td></td><td>58</td><td></td><td></td><td></td><td></td><td>6</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></tr><tr><td>End-of-month closing quotations on Treasury securities by issues.</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><td>59</td><td>7</td></tr><tr><td>Chart - Yields of Treasury securities.</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><td>63</td><td>7</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></tr><tr><td>Average yields of Treasury and corporate bonds by periods.</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><td>64</td><td>7</td></tr><tr><td>Chart - Average yields of Treasury and corporate bonds.</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><td>65</td><td>7</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></tr><tr><td>Summary by principal sources.</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><td>66</td><td>7</td></tr><tr><td>Chart - Internal revenue collections by principal sources.</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><td>67</td><td>7</td></tr><tr><td>Summary by States, calendar year 1960.</td><td></td><td></td><td>69</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Detail of excise tax collections.</td><td>67</td><td></td><td></td><td>63</td><td></td><td></td><td>69</td><td></td><td></td><td>66</td><td></td><td></td></tr><tr><td>Monetary statistics:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Money in circulation.</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><td>68</td><td>8</td></tr><tr><td>Monetary stocks of gold and silver.</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><td>69</td><td>5</td></tr><tr><td>Gold assets and liabilities of the Treasury.</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><td>69</td><td>5</td></tr><tr><td>Components of silver monetary stock.</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><td>70</td><td>8</td></tr><tr><td>Seigniorage.</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><td>71</td><td>8</td></tr><tr><td>Increment from reduction in weight of gold dollar (latest date December 31, 1961).</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><td></td></tr><tr><td>Exchange Stabilization Fund (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>Balance sheet.</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><td>1</td></tr><tr><td>Foreign exchange transactions.</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td>79</td><td></td><td></td><td>1</td></tr><tr><td>U. S. stabilization agreements.</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><td>1</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>80</td><td></td><td></td><td>1</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></tr><tr><td>Earnings, expenses, and dividends for calendar years 1956-60.</td><td></td><td></td><td></td><td>69</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td>1</td></tr><tr><td>International financial 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></tr><tr><td>U. S. gold stock, and holdings of convertible foreign currencies by U. S. monetary authorities.</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>72</td><td>2</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></tr><tr><td>Summary by periods since 1935.</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><td>73</td><td>3</td></tr><tr><td>Summary by countries and periods.</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><td>76</td><td>3</td></tr><tr><td>Short-term banking liabilities to foreigners, latest month.</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><td>80</td><td>4</td></tr><tr><td>Short-term banking claims on foreigners, latest month.</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><td>81</td><td>4</td></tr><tr><td>Purchases and sales of long-term securities by foreigners, latest month.</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><td>82</td><td>5</td></tr><tr><td>Short-term liabilities and claims reported by nonfinancial concern.</td><td></td><td>77</td><td></td><td></td><td>80</td><td></td><td>86</td><td>80</td><td></td><td>83</td><td>83</td><td>5</td></tr><tr><td>Long-term liabilities and claims reported by banks and bankers.</td><td>83</td><td></td><td></td><td>80</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td>6</td></tr><tr><td>Estimated gold and short-term dollar resources of foreign countries and international institutions.</td><td>84</td><td></td><td></td><td>81</td><td></td><td></td><td>87</td><td></td><td></td><td>84</td><td></td><td>6</td></tr><tr><td>Foreign credit and debit balances in brokerage accounts.</td><td>86</td><td></td><td></td><td></td><td></td><td></td><td>88</td><td></td><td></td><td></td><td></td><td>7</td></tr><tr><td>Short-term liabilities, countries and areas not regularly reported.</td><td>87</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td>7</td></tr><tr><td>Purchases and sales of long-term securities by foreigners during calendar year 1960.</td><td></td><td></td><td>86</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td>7</td></tr><tr><td>Foreign currencies acquired by the U. S. without purchase with dollars:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Transactions and balances in Treasury accounts.</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td>8</td></tr><tr><td>Transactions and balances in agency accounts.</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td>8</td></tr><tr><td>Corporations and certain other business-type activities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Statements of financial condition (latest date September 30, 1961).</td><td>89</td><td>79</td><td></td><td>83</td><td></td><td></td><td></td><td></td><td></td><td>86</td><td></td><td>1</td></tr><tr><td>Income and expense (latest date June 30, 1961).</td><td></td><td></td><td>88</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td>86</td><td>1</td></tr><tr><td>Source and application of funds (latest date June 30, 1961).</td><td></td><td></td><td>108</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td>107</td><td>1</td></tr></table>
GPO. 924817
U.S. TREASURY LIBRARY 1 0032014