Bulletin of the Treasury Department - FRASER...Coaplataflaoalraara,19U1to19>tS 19*1 3.'»70 925...

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LIBRARYPOniVl 5030

JUN ?, 1 1972

TREASURY DEPARTMENT

FCmyiCTORY

BUYUNITEDSTATES

BONDSAND

STAMPS

BULLETINOF THE

TREASURY DEPARTMENT

FEBRUARY1944

Analysis of Ftecelpts and Expenditures

Composition of the Public Debt

Prices and Yields of Government Securities

Other Treasury Statistics

UNITED STATESTREASURY DEPARTMENT

OFnCE OF THE SECRETARY

Bulletin of the Treasury Department, February 1944

Cumulative Table of Contents

I. Special artlolee

War Loant:

PoiU'th War Loan, Janiiary-fabruary 19UU:

Prellalnary raport on ealeaOutline of planeCoaparlBOB of faattiraa of aaenrltlea offerad

Third War Loan. Soptombar 19'»3:

Sales of securities, classified by Iseuas, hj types of InTootor.

and by StatesComparison of features of securities offeredRedenptlon Talues and InTestment yields of United States savlB^s

bonds and Treasury aaTlo^s notes

Second War Loan, iprll 19>t3:

Sales of Series Z saTln^s bonds by StatesSales of securities, classified by Iseues. by types of Inrestor.

and by federal BeserTe DistrictsCoaparlson of features of securities offered

nret War Loan. Decenber 19'*3> sales of securities clasalflad by

type of inreetor

Treasury market financing

rlnancin^ the war. and the post-war readjustment

Financial operations of the United States OoTemment during the fiocal

year I9U3

War aetlTities budgetary expenditures, monthly July 19I4O through ^rll19't3

Bank deposits:N^s shoving deposits by counties, as of December 31> 19^2 and In-

creases duri Dg 19^2Amounts by federal Seserre Districts and by States, December 51>

19I1I and 191*2

Issue and page number

I9UU

f*h. Jan.

A-2

II. Summary of fiscal Btatlatlcs

Budgetary receipts and expenditures

Public debt and guaranteed obligations outstanding.

Means of financing cash requirements

III. Reoelpta and expenditures and appropriations

ipproprletioDB and net contract author! latlons for the war actlTltlBs

program as of month-end preceding month of publication

fiudgetaT7 receipts and expenditures:Summary by major classificationsAnalysis of receipts from internal revenue

Analysis of general expendituresAnalysis of expenditures for war actlrltieeAnalysis of expenditures for war actlTltles, monthly July 19I40

through April 191*3

Analysis of expenditures for (1) roTolTlng funds and (2) transfers

to trust accounts, etc

Total budgetary receipts and expenditures, by monthe, for recent

years

Trust account, etc. receipts and expenditures

Means of financing cash requirements

Social Security progrejs:

Budgetary receipts and expenditures;Social Security ActRailroad Hetiroment ActRailroad Unemployment Ineurance Act

Statement of trust accounts:Federal Old-Age and SurrlTOrs Insurance Trust Fund

Hallroad Retirement AccountUnemployment Trust Fond

Cash Income and outgo of the Treasury:Analysis by major classificationsTotal cash Income and outgo by months beginning with:

January 1938

I9I13

Dae. Hot. Oct. B«pt. Aag. July June May Apr. Mar

5-6

10-11

12

13

5-6

78-9

7

1-6

13-11*

151516

17

10-11

12

13

1-72-3

U

5-6

778

9

10-11

12

13

11*

1515

161616

17

17-1«

13-lU

15

16

17

17

18-19

20

21

22

23

23

2U2U2U

25

25-26

5-6

10-11

12

13

111

1515

161616

17

17-18

2-5

2-62-3

9-10

1111

1212

13

I3-II*

15

16

171818

191919

20

20-21

11-12

15

15-16

17

18

192020

21

2121

22

22-23

7-8

9

91010

11

11-12

13

lU

12-13

ll*

lU

1515

7

16

16-17

18

19

1.-5

18 23

18-19 123-2**

ll*

llt-15

16

17

18

1919

202020

21

21-22

2-3

S-9

10101111

12

12-13

ll*

15

16

1717

18

18

18

19

19-20

(Continued on following page)

Bulletin of the Treasury Department, February 1944

Cumulative Table of Contents - (Continued)

Zttua atad pa^ mnbcr

I9UU

r*k. J«a.

19113

X>«e. lOT. Oct. Sept. iag. .Ail/ Jun* Ma/ Apr- Mar

IV. Oeneral Fund of the Treasury

!••(•, llabilitlea, And balaaea In 0«n«ral ?\ind.

AdaIjbIi of chjiaâ la balsica of Oenaral fond...

V. Publlo debt and guaranteed obllgatlone of United States Oot-emaent

Publlo dabt and |;aaraataad obllcatlona:3uîar7Satallad atateaantChart

Public labt;

lafuaaca and ratlraoant (racalpta and axpandlturea)

.

latareat-bearln^ dabt, eoopoaltlon of

Ouarantaad obligatlona held by Traaaai7

22

23

8527

2626

Dabt poaltloa of United state* QoTeraBent under llaltationa lapoaed bjSection 21 of the Second Liberty Bond Act, aa aaended:March 31 . 1?''3

June 30. IWSepteaber 30. IS^'i

Deeeaber 31. l^î

Coapated Interest charge and ooaputed Intereit rate

Maturity echedule of Intereit-bearln^ public aarketable eecuritleelaeued or guaranteed by the United Statee, aa of aonth-endpraoedlnc aonth of pnbllcatl on

26

27-29 28-30

35

3130

3U

35-37

27

28-30

36

37-39

26

27-28

29

30-31

32

33-3^

27

28-29

32

33-3^

Offering of aarketable aecurltlea:Treaaury bonda, notea. and certiflcatea of Indebtednaae be^nnln^

irlth:

January 1, 1939 ;

January 1 . 19'io

January 1, I9U1Treasury bills

United Statee earing bonds:Suj^^ry of sales and redeaptlons, by sarlaa.Sales reported by series, classified by:

DenOBlnatlonStates

2eda«ptlen Talues and loreetMent yleldaPayroll sarla^ plana

3031-32

33-3^

,3536-37

31

32-33

3'*-35

3637-3«

38

39-1*6

l»l-lt2

"3UU-lt;

31

'32

33-311

3536-37

U2-U3

1*5-1*6

29

'30

31-32

333M5

Treasury notea - tax and saTiafs series:

SujÂry of sales and redeaptlons, 17 series.Sales, claaslfled t^:

DenoainatlOQType of purchaser

Redeaptlon ralues and Investaent ylelda

United States sarlnirs staape;Su^sary of salee and redaaptloneSales, claaslfled byi

DanoalnatlonStates

39JtO

1*1

Ul

39

liO-Ul

k2

U6

1*7-1*8

1*9

U9

38

39-1*0

1*1

Ul

1*7

U8-U9

5050

36

37-38

3939

VI. Ownership of Oovernnent aecurltlee

Soaaary dlatrlbutlon. by holdera. of securities Issued or guaranteedby the United States

Market transactions In OoTomaent eecuritlee for Treasury iDTestaantaccount s , aonthly beginning January 1937

U6

1*6

50

5^

32

33

3i»-35

3637-38

1*

39

1*0-1*1

1*2

1*2

U

!2

1*6

U6

35 30 35

31

32-33

3^

29-30

31

36

57-38

391*0-1*1

31

32-33

3i»

35-36

36

37-38

1*0-1*1

35

36-37

3839-1*0

32

33-3^

3536-37

1*2

1*5,1*8

U617

37

1*0.1*3

UlUa

U2

U5.U8

U6U7

Ul

UU,U7

38

Ul.UU

Ua'•3

50

50

50

50

Sttaaary data froa Treaaury eurrey of the ovnarshlp of Oorerusenteecuritlee:

January 31, igUjrebmary ^8, 19U3March 31, I9U3April 30. I9U3

May 31. I9U3

June 30, 191*3

Jttly 31 . 19^3August 31 . 19U3

Septeaber 30, 19U3

October 31, 19UilOTeaber 30. 19U3

Deceaber 31, 19U3

52-6352-6352-63

Berlslon of classification of Insurance conpaoy data, quarterlyMarch 31, 19U1 through March 31, 19U3, and April 30 and May 31,I9U3

U6-5IU7-52

5^59U6-5I

55-60UU-U9

U7-5251-56

U6-5151-56

50-55

39

U6

U6

U7-52

52-63

(CoatlBUvd on following page)

Bulletin of the TreaBury Department, February 1944

Cumulative Table of Contents - (Continued)

SPECIAL ARTICLES

A-l

A-

2

Treasury Bulletin

Treasury Market Financing

On January 3k, the Treaaurjr announosd ar exohangt

offering for the $2,211 mllllonB of 7/8 poroent oer-

tlfloates of Indebtedness maturing February 1, 1944.

Holders of the maturing Issue were glTen an opportunityto exchange their holdings Into a new Issue of Treas-

ury notes. These notes are dated February 1, I9W, andrun for I3 months, to Haroh 1, 19145. They bear Inter-

est at the rate of O.90 percent per annum, payable on a

semi-annual basis on September 1, I9M and March 1,

19'*5- Subscription books were open for three days,

January S'+'Sfi, lnolue.l»e. A total of t2,126 millionsof the maturing Issue, or 96 percent of the amount out-

standing, was exchanged. The remaining |83 millions of

certificates were redeemed In cash.

The maturing certificates were originally Issued

on February 1, 19'^3 for the purpose of paying off

|1,588 millions of certificates then falling due, and

1633 millions of new money was raised In the operation.

On February 1, the Treasury paid off In cash the

maturing Issue of Federal Public Housing Authorltj

I-3/8 percent notes, outstanding In the amount of

lllll llllona.

Preliminary Report on the Fourth War Loan

Preliminary figures on subscriptions to the Fourth

War Loan Indicate that sales through February 22 aggre-

gated $13,9 billions. This figure Includes all sales

of marketable securities during the drlTe, since the

books on these Issues were closed on February I3. Sales

of United States savings bonds and Treasury savings

notes continued, however, and all purchases of these

securities which have been cleared through the Federal

Reserve Banks by the close of business February 29 will

be Included in the final drive total.

The preliminary sales figure of $13.9 billions may

be compared with the goal of ll*^ billions for the

Fourth War Loan. The excess of (1.9 billions of sales

over the goal will be Increased as later sales reports

are received. Final figures for sales in the Fourth

<ar Loan will be analyzed in the March issue of the

"Treasury Bulletin".

The following figures classify the preliminary

sales report as of February 22 by issues.

Fourth War Loan Sales ReportedThrough February 22, 1944^

(In millions of dollars)

Nonmarke table' iaaues:

Series S Savings bondsSeries F Savings bondsSeries Savings bondsSeries C Savings notes

Marketable issues:

2-1/2 percent Treasury bonds2-1/'* percent Treasury bonds7/8 percent Certificate of indebtedness

Total

2.5«51807k6

2,086

1,9203,3315.036

15,8«lV

1/ Excludes Issues purchased outside Fourth War Loanby U. S. Oovernment agencies and trust funds and byconmeroial banks in connection with the United in-vestment of their savings deposits.

SUMMARY OF FISCAL STATISTICS

-I-

Treasury Bulletin

Budgetary Receipts and Expenditures

(la alUlou of dollu-i)

aec«iptfl:

;at«raal Tmr^aami

Ir.ooa* and profit! tkxaa 2/

lBpl07««at tazaa

Mlioallanaooa latamal raranoa ^Cuitoao

Othar raoalpta jt/

Total raealpto

Laif:

Aaooatt traaafarrad to Fadaral Old-i^and SnrrlTora Inaoranoa Traat rtind ^

Vat roealpti

Izpaodlturaa: 6/

Var actintlaai

Var Dapartaeat

TaT/ Dapartaaat

Mltoallaaaoua war actin tiaa

Aatlelpatad anpplaaantal appropriatlona

Total var actlTltlas

Tataraaa' idalnlatratien IJ

Pttblle »orka g/

Aid to a«rlcultara J/

Social Security irograa 11/

VorlE Pro>ota Adalnlatratloa

ClTllian Conaarration Corpa

Othar 11/

Intaratt on tha public dabt

Antielpatad aapplaaantal appropriatlona..

Total axpaodltoraa 6/

lat bttdcatarr daflelt 6/

Tlrat 7 aontha.flaoal jraara 19>«3 to IjUt

IJt?

1.957

577

2.270

239

1U9

5.193

Uks

U.THl*

5.817

3.337

1.215

19'»3

10,369

32^

as789

Uti

61112/

116

538

557

lU.ui

9.367

5.238

720

2.769

l6>t

231

9,122

5ft

19W

17. ll*

853

3.209

2)»9

2.031

8.558

2lt,032

9.500

U.528

38.061

353

3U9

63U

2>»2

5U9

771

Ui.lt79

32.921

23.'»56

668

22.789

28,389

lU.oSs

6.5l>8

i»9.0O3

365

.286'

U«9

568

16

•

6«l.i87

52.581-.

29.793

Choaca19U3to

l9>iit

+U,876

133tWtO

n.soo

+1U.33U

loh

lit. 231

^^.357

^.565

42,020

H0.9'»2

12-63

-165

-227

3139•tins

-3.128

Coaplata flaoal raara, 19U1 to 19>tS

19*1

3.'»70

925

2.967

392

515

8,269

661

7.607

,3.678

2.313

310

6,301

563

758

93710/

^88

1.37'tl2/

257

8l«l

l.Ill

12,711

5.103

19l»2

7.960

1,186

3.847

389

286

13.668

869

12.799

1U,070

8.580

3.362

26,011

556

e«o

1.225

659

97012/

163

873

1.260

32.397

19.598

1943

l6.09>t

l.l»98

'».553

324

916

23.385

1.103

U2,265

20,888

8,955

72,109

602

543

1,163

735

299

18

901

1,808

78.179

55.897

lotlutad1/

I9M

32.673

1,570

S.I61

kao

2.'»55

42.578

1.392

Ui,l<6

Ug.790

27.000

11.910

800

88.500

873

-569

891

796

11

95.951

54.765

1945

32,605

3.169

5.164

438

2,050

43.425

2.656

40,769

47.597

28,500

11.453

650

88,200

1.267

387

647

777

2,881

3.750

45

97.954

57.185

Chaaca

Aatial1943 te

aatlaatad1944 1/

16.579

3726O8

961.538

19.193

289

18.9<»

6.525

6,112

2.955

800

16,391

271

26-272

61-288

-18

589

170

17.772

-1,132

lattaatad1944 to

aatlaatad

1945 1/

-68

1.299

318

-405

*17

1,264

-417

-1.193

1.500

-457

-150

-300

393-182

-2<44

-19

-11

•

1.391

+1.100

-1P5

2.003

+2,U?0

Sonrc*: Dalljr Traaatur States^nti, «xc«pt m» aot«d.• Lais than $500,000. «/

1/ Baaad upon aatlaatea aa ihovn In the 19U5 Bod^t

.

3/ Inclodat unjoat anrlchaant tax and rlotory tax. Be^nnln^ J^lj, %}19^3> lacludaa collactlona of taxaa vlthhald V asplojara undartha Cnrraat Tax Pahvant Act of I9U3. Tor datalla aee folloviocchapter on Racaipta and Zxpandituraa and Appropriatlona, Tabla 2.

^ Includaa ehlafl/ alcoholic iMTera^ taxaa, tohaceo taxaa. aannfao-tnrara' and ratallen' aiciaa taxaa. and aitat« taxea. 10/

U/ lacludaa dapoalta tqr tha War. VaTjr. and Traaaury Departaeata andtha U. S. Marltlae Coaalaalen raaxiltli^ froa the renegotiation of 1 1/var oontraeta. Information on the laoTint of aoch dapoalta la not

available on the baala of Dallj Traaatir/ Stateaenti. On tha

baala of corarlag warrnta, each dapoalta totaled $55^ allllonaduring the flaeal /ear 13^3- Bodgat eatlaatea of each dapoaltafor tha flaeal Taara 19UU and I9U3 are $1,212 llllona vd 12/

$1,733 llllona, reapeotlTel^. 1^^ 7or •zplanatlos, tea tablee In next chapter on Social Security

procraa.

6/ Ixelndea expandltnraa for public debt retlreaanta vhlch are charge-able to the alnklDg fond. etc. under apeolal proTlalona of lav.

2/ tncludea axpeadlturea claaalflad ae tranefera to truat acconnte.etc., for the idjuated Serrlca Certificate JUnd and tha Satlonal

Servloe Life Ineuraaoe fond.iBOludaa Public Works tranaactlona claaalfted aa RaTOlTtug Panda(net).

Includaa Aid to apiculture tranaactlona claaalflad as RefQlTln^Ponds (net); expendlturea of tha Dapartaent of Apiculture elaaal-fied aa Dapartaental In the Ballj Treasur/ Statement: and Agricul-tural Marketing Adalnlstratlon tranaactlona claaalflad aa tranafereto trust accounts, ate.Repreiants gross expenditures of $1.2^ allllons less repaTaaats of

U. 9. InTsstaente In capital funds f^gregatlag $315 alllloas.Includes expenditures clasilfled as transfers to tru^*' accounts.

etc. for the Ballroad RetlreaeDt Account and the Railroad Uneaploy-ent Insurance Administration Tund. Ixcludes expenditures aade '^

Office for Xaergency Manageaent, Var Maap«var Coaalsslon (0. 9.

kployaant Serrlce) under authority of the Social Seeurltx ActIncludaa Hatlonal Tenth Adalnlatratlon.Includaa departaental expendlturea not othervlae claeslflad andexpenditure! clasilfled aa transfers to trust aocoonts. etc., for

OoTarnaant eaployea retlraaent and Insuranoe funda. Budget eati-aatei for l*^ and 19U5 Include $5 allllena and $1,000 allllona,reapsctlTslj, representing transfari to public AmhX accounte forexeeae-prof Its tax refund boade.

February 1944

Public Debt and Guaranteed Obllgatione Outstanding

RECEIPTS AND EXPENDITURESAND

APPRO PRI AT IONS

-J;-

February 1944

Appropriations and Net Contract Authorizations for the War Activities Program ^As of January 31 , 1944

Dateapproved

PublicLav Ho.

Title of act Appropriations Het coatractauthorizations 2/

76th Congress, Third Session

Mar. S5.

Apr. 18,

May lU,

Jxine 11.

June 1 3

.

June IS,

June gU.

June 26,

June 26,

June 27.

July 18,

Sept. 9.

Sept.sU,Oct. 8,

Oct. 9.

Oct. lU,

I9UOI9U0igtoI9I4O

19l<0

I9U0igito

19U0

igto19U019'w19'»0

igto19140

19140

19U0

U59

508588611

65366758 y

668

9"* 2/781

99 J/800

812106 y

Treasury Department Appropriation Act, I9UIIndependent Offices Appropriation Act, I9UIJustice Department impropriation Act. 1941 (Title III)Navy Department Appropriation Act , I9I+I

Military Appropriation Act. I9U1Interior Department Appropriation Act, I9U1War Department Civil Appropriation Act, 19UlCivil Activities National Defense Appropriation Act. I9UIEmergency Relief Appropriation Act, I9UI (refugee relief)Second Deficiency ^proprlation Act. I9IK)

Public Resolution (War Risk Insurance Fund)Second Supplemental National Defense Appropriation Act. I9UIPublic Resolution (War Department - military posts and acquisition of land).Third Supplemental National Defense Apnroprlatlon Act, 19^1First Supplemental Civil Functions Appropriation Act . I9UIPublic Resolution (national defense housing)

Total, 76th Congress. Third Session

53.965,03511*9,500.0002,U88.000

1.308,171,1381. "99. 323. 322

U95,00015.000.000

1,U7U,901,05750,000.00017.656.9001)0.000.000

2,1197.016.392

338.263.9021.323,UlU,082

1U8.821,00075,000,000

$ 8. 99"*. 015,828

77th Congress. First Session

Fob. 6.

Feb. 13.Mar. 1,

Mar. 17.Mar. 27.Apr. 1,

Apr. 5.

*fT. 5.

May 6.W 23.May Zk.

May 31.June 28.

June 28.

June 30.July 1

.

July 3.

Aug. 25.Oct. 26.

I9UII9U1I9I1I

I9UII9U1191*1

191*1

19U1191*1

191*1

191*1

I9UI191*1

191*1

I9UI191*1

191*1

191*1

191*1

Sot. 19. 191*1

Dec. 17. 191*1

Dec. 23. 191*1

I

913

232528

291*8

71

7388

136

1391U6

1502U7

282

295

353371

Joint Resolution (emergency ship construction)Joint Resolution (clothing and equipage - War Department)Urgent Deficiency ^proprlatlon Act. 191*1

Fourth Supplemental National Defense Appropriation Act , 191*1...

Defense Aid Supplemental Appropriation Act. 191*1

First Deficiency Appropriation Act, I9U1Independent Offices Appropriation Act, 191*2

Fifth Supplemental National Defense Aporoprlation Act, 19l*l

Navy Department Appropriation Act. 19^2War Department Civil Appropriation Act. 191*2

Additional Urgent Deficiency Appropriation Act, 191*1

Treasury Department Appropriation Act, 19l*2

Justice, State and Commerce Departments i^jproprlation Act. 191*2.

Interior Department Appropriation Act . 19^2Military Appropriation Act. I9U2Labor - Federal Security Appropriation Act. 191*2

Second Deficiency Appropriation Act. 191*1

First Supplemental National Defense Appropriation Act. 19l*2

Second Supplemental National Defense Aporoprlation Act. I9U2:

(Title I )".

(Title II)Defense Highway Act of I9U1Third Supplemental National Defense Appropriation Act. 191*2

Joint Resolution (War. Philippine relief, and defense housing)..

Total, 77th Congress, First Session

$ 313,500.000

Treasury Bulletin

Appropriations and Net Contract Authorizations for the War \ctlvltle8 Program^

As of January 31, 1944 - (Continued)

pproTcdPobllc

Uv lo.ntla of act Approprlatlo&a Net contract

authorltatloDS 2/

78th Conâts, first Seailon

Kar. 2. 19U3

Har. 18. 19l"3

Mar. 31. 19'»3

Apr. 29. I'îttaj 7. 191*3

Jnna 2. 19'>;

Jma l>t, 19U3

June 26. 19't3

Jvat 26. 19''3

Jnl7 1. 19''3

Jal7 1, 19''3

Julj 12, 19'»3

Jnlj 12. 19'»3

Julj 12. 19'*3

July 12. 19''3

July 12, 19'»3

July 12. 19''3

Oct. 1. 19'»3

Bac. 17. 19't3,

Sac. 23. I9U3

311

20

506U

709092105108129112

133135139lUO

15620U216

Joint Betolutlon (SclectiTa Senrlca S/ataa)

Mrit Daflclency ipproprlatlon ict . 19'«3

Supplasantal Naval Appropriation Act. 19''3

Joint ReaolutloD (fam labor progras)Joint Ratolutlon (Coacerce Department - war training procram)»ar Dapartient Clril Appropriation Act. 19''''

Dafenta Aid Suppleeectal Appropriation Act. 19^*3

Indapendant Officei Appropriation Act . 19l*U

NaTal A|>propriation Act. 19Ult

DapartneDtv of State. Juttica, and CoBcarce Appropriation Act. l^hk.

Military Appropriation Act. 19''l*

Dapartsent of Agriculture Appropriation Act . 19Ûrrent Deficiency Appropriation Act. 19*13

Interior Departaent Appropriation Act, 19^labor- Federal Security Appropriation Act, I9UUNational War Agenc'ee J^proprietion Act, 191*Second Deficiency Appropriation Act, 19'*3

Joint Resolution (Labor Derartment)Public Law (naval expansion prograju)

rirst Supclenental National Defense Appropriation Act, 19Mt..,

Total, 78tb Congress. Tirst Session

t 21,160,000

February 1944

Budgetary Receipts and Expenditures

Table 1,- Sunnary by Major Classifications


Tlacal yearor month

Receipts

GroB9 receipts

Totalrecel pte

InternalreTeaua Other

receipts

Lees net aiDounts

transferred toToderal Old-Age

j

and SurvlTorBInsurance Trust

?und i/

Bet

receipts

Zxpendltures l/

Totalexpenditure)

GeneralWar ac-

tivities

5/

EbtoIvId^funds

(net)

6/

Transfersto trustaccounts,

etc.

y

Ket

tmdi-etary

deficit

1/

Publictelit

retlre-

meota

IS}"*

19351936

19371938193919U019I11

19'»?

19''3

I9U3 -January. .

.

fabrujUTr. .

March

Aprl 1

M«7June

JulyAu^Bt . . , .

September.

October. .

.

Sovenber.

.

Dsceober.

.

19UU-January...

3.1163.800U,ii65.2?"*6,^u^

5,668

5.9255.26913.668

23.385

82U

1.1905.207

1.555

".569

2,01*8

3,005J.UUg

2.0692,3705.737

2.779

2.6U1

3.2753.513

5. 67"5.161

5.3037.362

12.99322.lUlt

72"

1.0755.15^

1.3961.581It. 211

I.8I52.6025.160

1,8132.1155,lt8U

2,188

3133''3

387U86

3593193U9

39238932U

2526

32

32

373"

33

3931

383^3"

"to

i6j179216210208188

273 2/515 2/286 9/9162/11

75

8921

12712't

32^

20136lt

257

218221230

551

26538750353s661

8691.103

35235

1

Ul

262

Ul2glt

39271

1

32

3.1163.800U.116

5.0295.8555.1655.3877.60T

12. 79922.282

788

9555,206

1.51''

l.UgOU.569

2,0072.7215. '•^7

2.0302.0995.736

2.7't7

6,0117,0108.6668.1777.2398.7078,99812,711

32.39778,179

6.3726.1197.35U

7.W67.U35

8.327

7.1127.6177.535

7,U56

7.5397. '•52

7,570

U.90S

5.9005.9356.1»37

5.86li

7.2217.0556,215 10,'

5.986

5.595

3913''6

601

U39

3288U6

337365583

U3530l»

TUo

Uoo

531659900929

1.029l,?061.6576.301

26,01172,109

5.9''7

5.7706.7UU

6,97''

7.0927.U69

6,U32

7,2326.952

6.9897.5U1

6.718

7.138

U96

11

2*121<)2

5''.

-136 10/18Uo

1

7

16

l"*

10

-1

5-2

77

761,820

508

225187

232331381

^K

35i

1

381

1

3WI

152

362

2

37

2,8963.209'',550

3.l''9

1.38'*

3.5''2

3,6115.10319.59855.597

5.58'*

5.16"*

2.11*7

5.9525.9553.756

J:^89°i

2,087

5.'*26

5.7'*0

1.716

1*.823

36057"

iS65

56

953

Source

:

Dally Treasury Statements. 2/Less than $500,000.Ixcludee sisounts for public debt retirement which are chargeableto the slnlclng fund. etc. under special proTlslODS of lav.

for further details, see Table ?. 10/for explanation -see tables which follow on the Social Securityprogram

.

for further details, see Table 3.

for further details, see Table U.

for further details, see Table 5- iUeo see footnotes ^ aul U/. 11/Total expenditures less net receipts.Bepreeents expenditures for public debt retirements which are charge-able to the sinking fund. etc. under special prorialons of law.

Includes recoveries of tJ. S- InTestsients in capital funds. Socdi

recoTerles totaled %^ millions In the fiscal year 191*0; $319 "H-llons In the fiscal year I9UI; $18 nilllons In the fiscal year 19^2;

and $10 mlllloni In the fiscal year 191*3.

Becalpts from reductions In capital «toc>: and paid-in surplus avail-

able to be reissued under existing lav are Included ae negativeitems under expenditures. 3uch reductions totaled $l6o million*for general expenditures and $135 millions for revolving funds dur-

ing the fiscal year igUl

.

Includes deposits by the Var and Kavy Departments and the U. 9. Kar-itlme Commission as a result of renegotiation of war contracts. On

the basis of warrants Issued, such aaaouitt totaled $35^ llllont.

Table 2,- Analysis of Receipts from Internal Revenue-^/

(In ollllonB of dollars)

fiscal yearor month

Income and profits taxes

Withheld ty

employers ( CurrentTax PaymentAct of 19U3)

Other

2/

Employment taxee

Social security tajtea J/

Federal InsuranceContributions Act

(Old-ageInsurance]

Federal UnemployTnent

Tax Act(UnemploymentInsurance)

Carriers' TaxingAct of 1937(Railroad

retirement

)

MiscellaneoueInternalrevenue

A^lculturaladjustment

taxes

19311

1935193619371938193919I10

19U1

191*2

19'*3

19'*3-Js^uary. .

February

.

March. . ..

AprilMayJune

JhlyAugust . .

.

September

October. .

November.December.

19Wt-january . .

2.6'*!

3.278

3.513'*.597

5.67't

5,1615,3037.362

12.99322, 1'*'*

721*

1.0755.15I'

1.3961.581U,211

1,5152.6025.160

I.6I32,1155,1*8'*

2,155

518

1,0991*27

16361*0

189125>70

7.96016.09I1

306380

''.732

1.0009'io

3. 803

1.25556I*

765

1.303l.''59

5.01*0

1.727

1951*8

671

5571.010

713

571*

818

1.099l.'>27

2.1632.6i*0

2.1592.1253.1*70

7.96016,091*

306380

1*.732

1,00091*0

3. 803

1.2361,016It, 091

71*6

UU9

'*.327

1.153

253

7557U0

833925

1.1861.U9S

3''3

1*8

50282

55

1*8

31050

U6

292

58

U9

19I*

51"530601*

691596

1.130

37237

3

"3

265

3

w*

287

3

U2271*

1*

31*

5890

101

108

98120

158lU

993

3

12

3

3

s

1

3

101

ll*

150109121

137170209

1

7U2

36

U9

1

15'*6

53

1

1.1*70

1,6572,0102.1812.2792,2122,3''5

2,9673,81*7

'',553

36535237"

3't6

359353

5127293Wt

i(6U

363386

Ul2

353521

77

Source: Daily Yreaeuzy Statements.• Less tkm $500,000.

1/ for further details, see chapter on Internal Revenue Statistics.

2/ Includes unjust enrichment tax and victory tax collections pursuantto Bersnne Act of 19U2.

'jj For the period prior to Septeaber 1939* the dAta in the columns en-titled Federal Insurance Contributions Act and Federal UnemploymentTax Act represent colleotione under Titles Till and IZ. respec-tively, of the Social Security Act.

Treasury Bulletin

Budgetary Receipts and Expenditures - (Continued!

Table 3.- Analysis of General Expenditures

(In alllloni of dollari)

fiical jearor Bontb

T«t«ruit'Adaiols-tratloQ1/ 2/

PublicVorki

2/ U

Aid toa^rlcultur*

2/ U/

SocialSecurltjpro^raa

2/ 5/

Direct and voric relief

Work ProjecteAdalniatratton

aad fiatlooal TouthidBlnietretloD

6/

federal fcer-geacy ReliefMalnittratloDand CiTll VorkeAdDlnUtratlea

1/

ClTlllaaConeer-TatlonCorp*

Intereston thepublicdebt

Otherdepart-aeotal

Othergeneralexpeud-Itxiree

2/

l93'»

19351936

1937193«---

l<!?9

IWigui19l»2

19U3

19ll3.Jaouar7. .

.

Tebmary .

.

March

April•tay

June

JulyAu^st . . .

.

Septcttber.

October. .

.

HoTenber.

.

December.

.

I9W1-January..

.

••.908

5.9005.9356.U375.8eu

7.221

7.0556.2155.9865.595

391

iol

U39

328gU6

365583

U3830U

boo

507

557578581582

557557553555572

U7U«U9

1>8

U8Us

UU

52

i»9

5051

52

51*9

6796858O3670

9008907156695U5

It1.9

3522Ul

^n

"3

37

U29

930966988866

5W1.5'

1.006 10/1.0911.052

111

Ul127

101

8558

66

6571

8767

55

86

2918U

335

3'»7

392^57

5155l4

t3«

60

3715

595333

57Ul

25

59

1.26U

1.8961.U72

2.2UO

1.572I.37U

970299

2U

1916

11

8

3

U1

1

513831U95-1

U

i

1

332U36U86

386326

290283

16318

21

757821

7U9

866

926

9UIi.oui1,1111.2601,808

5U

262

89Us609

68U6

311

U97

87

31336UU2U

5175U6

5255UU

590

U3U5

50

5970UU

U2

77

55

56

5561

58

509283258223200

191

227216220197

17

1810

16lU

27

15

1916

1?

1510

lU

y

5/

Dally TreaEury Statements.LeBs than $500,000.R^Tlped.Includes public works undertaken by the Veterans' IdmlnlstratlOD. 6/Does not Include expenditures for (1) revolving funds or (2) trans-fers to trust accounts, etc. These are shown in Table 5*

Includes public buildings, public highways (iRcludlng forest roads Jjand trails), river and harbor work and flood control, Tennessee Val-

ley Authority. Federal Public Houeing Authority (formerly U. S. 8/

Housing Authority), reclanatlon projects and the Public Works Adnln-letration. Excludes certain expenditures for public works in con-nection with war activities by the Federal Vorke Agency, beginning 2/July iqui.

Cororrlses Agricultural Conservation and Adjustment AdDlnlstratioD(classified in the Cblly Treaeury Statement under "War Food Admin-IstrPtion, Other" conrnencing October 19^3)- Agricultural MarketingAdolnletration, Commodity Credit Corporation, Farm Credit Adminis-tration, Federal Farm Mortgage Corporation, Federal land banke. FarmSecurity Adainistr&tion, Fara Tenant Act. Rural Zlectrlflcatlon Ad-alnlstration, and Department of Agriculture departmental expend- 10/

ttures.Includes railroad retirement and railroad uneoployaent activitiesand excludes expenditures made by Office for Smergency Management.

War Manpower Comr.iseion (U. S. Ikirployment Service) under authorityof Social Security Act. For further details, see tables which fol-low on the Social Security program.Work Projects Administration was formerly Works Proieress Adoinis-tratlon. Beginning with July 19^^. expenditures for the KatlonalTouth Administration are shown in Tabls U.

Includes expenditures of the Reconstruction finance Corporation forrelief through loans and grants to States, municipalities, etc.

Excl\idee expenditures for the U. S. Maritime Commission, depart-

mental expenditures under the Social Security program and the De-

partment of Agriculture departmental expenditures.Inclxides expenditures for the following: Office of Education, and

Public Health Service of the Federal Sec-irlty Agency; refunds oftaxes and duties by the Treasury Department; Post Office Departmentpostal deficiencies: Federal Housing Administration; Treasury De-

partmpnt investments in Federal savings and loan associations; cer-

tain expenditures of the Panama Canal; and capital stock of the

Federal Deposit Insurance Corroration, Ho?e Owners' Loan Corpora-tion, Federal home loan banke, and Disaster Loan Corporation.Gross expenditures have been reduced $l60 millions representing the

repayment of capital funds by certain United States Oovernmentagenclee. For further details see "Treasury Bulletin" for June

19'*3. page 9. footnote 12/.

February 1944

tniogetary Receipts and Exporidituros - (Continued)

Table 4.- Analysis of Expenditure for War Activities

(la alllleBi of doUara)

Hbc&I yoaror month

TotalWar

Dopart-Bent

VaTT*

Depart

-

m«at

Miacallaaeoat war aotlrltiaB

Totalttlse«l-

lanaoosvar ao-tlTltlOB

A^lcal-ttira

Depart

-

nsnt

T«deralSecTsrlty

TedaralWorkaAgency

Vfttloaal

HoQslnxAgency

i/

SelectiveService(adtnlaia-

tratlTe)

TreaanryBepart-aent

TMtedStates

Meirltive

Coanliflloa

2/

VarShippingAtolalf-tr&tloa

toChina

Othervar

acti-ntlMaxpand-ltnr«t 1/

1935.1936.

1937.

1938.

1939-19U0.

igUi.igits.

19^3-

19U3-January..rohrnary.March

iprll.Ma7...Jtm« .

.

JulyAu^ujit . . .

.

September.

October. .

.

November .

.

December.

.

I9IA-January.

531689900929

1.029

1,2061.6576,301

26,01172,109

5.9^75.7706,7'tl*

6,97"*

7.0927.1*69

6.U32

7.2326.952

6.9897. Sill

6.718

7.138

2U3

273383

378'•32

U90

6673.678

ll»,070

U2,?65

".0533.2393.985

3.7273.8573.U2U

3.8084.219'.036

U,ll+2

't.173

3.8»H

lt,'l70

297U36

529

557596

673892313,580

20,888

1.27U2,0022.053

2.102

2,2512,980

i.sgg

2.0371.909

1.9552.13U

2,050

2,082

-10-21-12-6

1

U4

99310

3.3628.955

620

528

705

I.1U598U

1,065

726

9761,007

8921.235

827

886

3

6962.0U

1812

17

51U

382318

12

ISO

239

176

%

62111

153

17

IS•

21

11U

8

X611

2l»

l"t

6

2976O8

lA

3955

61

7770

7268

50

39

U2

18

3352

3

5

5

6

5

5

5

5

5

5

5

5

U

it,

5191.201

9579103

120lo6

117

95118llU

100111108

125

-10-23.

-12-6

1

UU

9951

92?2.776

331223285

2tl8

*3315

319361366

2911

It02

35S

308

1321.105

7768

103

69

116

105119130

lUg21616I1

153

200UO

108382795

18

5998

925186

8581

69

66

9182

87

Source: Dally Treaeury Statements.

Back rigures: ?or monthly figures commencing Jtily 19^. see "Treasury Bulle-tin" for May I9U3. pa^e 7.

• Lees than $500, CXX).

1/ Includes war public housing functions.

2/ Includes emergency ship construction, beginning March 19^1.

^ Similar Itema for periods prior to fiscal year I9UI are classifiedunder Other departmental and Other general expenditures In Table 3-

Includes war expenditures of Commerce. Justice. Interior, and State

DepartmentB; Civil Service Commission'; Executive Office of the

president (including Office for Emergency Management): Panama Canal;

capital stock of Smaller War Plants Corporation; and Defense AidSpecial Tund.

Table 5.- Analysis of Expenditures for (1) Revolving Funds and (2) Transfers to Trust Accounts, Etc.

(In ftillionfl of dollars)

Fiscal yearor aonth

Revolving fttnda (net) \J

Aid toa^lcoltare

Fabllsworks

Transfers to tmst accounts, etc.

Total

Veterans

'

Adalale-tratlon

!t/

SocialSecurity

prograc ^

Governmentenployeee

'

retirementfunds

(U. 3. share)

Aid to

agriculture

6/

Federalcontribution to

Uetrlct ofColunbla

(0. S. share)

1931*.

1935-1936.1937.1938.

1939.191*0.

IjUl.

19»«.

19113.

19'*3-Jennary.

.

February

.

March

April.May...JQae.

.

JulyAu^st ....

September

.

October. .

.

RoTember .

.

December .

.

19U1*-January

.

U963t511

20U121

925^

-136ISiK)

1

7

16lU

10

-1

5-2

-7-g-8

-6

3'*6

lUl

-33-IS-13

-8

-6

-159 1/7

Ui

-1

-1

8

16lU10

u

1U920t

22:

131

10:

592:

1

-5

7776

1.8206O8225

187

232331381"•35

352

1

381

1

3I4I4

152

362

2

37

5050

.773

557

101

30

1

2

1

321

1

u

2

3U

2

llt6

107121

132lltS

221

35

16112

3^

3^

21

21Ul

^1

Ti

7587

93103107

177

18

91126

71

1/

Dally Treasury Statements.

Lees than $500,000.Additional trensactione on Aid to agriculture end Pablio works are

shown in Table 3-

Taim Credit AdmlniBtration.Public Vorks Administration.Comprises Adjusted Service Certificate Fund and the National Servlc

Life Insurance Pund, administered by the Veterans' Administration.

5/

'i

Includes railroad retirement and railroad unemployment activities.

Tor further explanations see tables which follow on Social Secu-

rity progrem.Agricultural Marketing Administration (surplus commodity stanpe).

OrosB expenditures have been reduced $155 nllllona representing

the repajTnent of coital funds by certain United States Oovemmentagencies. For details see footnotes to Table 1.

10 Treasurij Bulletin

Budgetary Receipts and Expenditures - (Continued)

Table 6.- Totals by Months, Beginning wltb 1935

(la mllllosa of dollsra)

ipr. KV Jul/ *»«• Sapt.

at ^dcatary raealpta 1/

1935.1936.

1937.

1938.

1939.I9'i0.

I9l»z.

19^3.13m.

»3

February 1944 11

BUDGETARY RECEIPTS AND EXPENDITURES

1939 1940 1941DOLLARSBillions

1942 1943 1944

Net Budgetary ReceiptsDOLLARSBillions

J Monf/}

Moving Average

rdrrtiilirl IIJMMJSNJMMJSNJMMJSNJMMJSNJMMJSNJMMJSN

12 Treasury Balletiti

Trunt Account, Etc. Receipts and Expenditures

Table 1.- Trust Funds

(In illloQS of doll»ri)

or Doath

IS}""-

»9J5-193*.

1937.1<>38.

1939-19I1O.

19'>1.

19^3-

19l»3-j«aa»T7 .

.

March

April.

Ht-Job*. .

Jaljr

Aogtiat ....

Septeobor.

Octo^vr. .

.

omâr .

.

ZtBcaabsr .

.

lÛli-juBurj.

Totaltruat ftmdi.

net recalpta ()or net aipeadl-

tnraa (-)

•A»3U19*11

2937

:^

*^

-afio

-279

«9a275-265

52«zio-262

50

Taderal Old-iâ aodSurTlrom locurasca

Truat Fund

1310

:i

*'?+236-272

-287

4I10

270-2«9

2l»

25S-292

28

Baealpta

267

530580717

1,190

35235

2

Ul262gb

Ul2gU

1

39271

3

32

Xôadl-turaa

UnaaployaoDtTruat ^md

267IlOl

529577707931

1.185

27'(

1

lU

371

1Ik289

15

15

295

k

Baealpta

763

838

959l.lll*

1.2UU

1.399

Uo2623^

3e-8

February 1944 13

Means of Financing Cash Requirements

(In lllloM of dollan)

or aonth

iBout required to be financed

Totalaaouit

requiredto be

financed

Betbodêto^daflelt

i/

letIncreaaeIn Oeneral

Setexpendltnree

In tmetaeeonnti,Inorenenten geld,etc. 2/

Meane of flnanoias

Totalasonatflaaaead

IncreaeeIn

publicdebt

Batdeereaae

in OeneralTond

balance

BetreceiptsIn tmataccount* ,

IncreBOEôn gi 1,

etc. 2/

193U.

1935-1936.

1937.193«-

igUi.

191*2.

19U3.

I9lt3-Jamiar7..

ISbruazy.March

April.May...June.

.

Julyinûtt, . .

.

September.

October.

.

BoTember

.

December.

igltU-Jamary.

H.Sie3.2095.3903.1''?

1.3811

u.iei3.6U5.99''

23.1*61

6U.27U

5.7195.2862.696

1''.390

6,o6U3.96U

5. Tito

't.896

l"*.29l

6,6q7

2.383

''.837

3.5*23.6115.10319.59855.897

5.5*5.16U2.1'i7

5.9525.9553.758

5.105.8962,087

5.'«65.7''0

1.716

It. 823

1.720

622

7U2

»86,515

8.U38

70

11.79'*

1.139

148

3.5061,861

13512251*9

206

635

1*10

132

667

lU

H.6163.2095.390

1,38»

U,l61*

3.611

23.1*616U.27I*

5.7195.2862,696

1U.3906,o6>*

3.96U

5.71*0I*. 896

l'».291

6.6975.7'>0

2,383

'*.837

H.51'*1,6I*«

5.0782,61*6

7'tO

3.2752.5285.?9lt

23,1*61

.271*g

2.8992,951*

1,1*83

ll*,3l*2

6,o61*78l»

U,82S2.531*

lU.291

6.6971,112-281

1*,781

71*1

128

338

9U7

2.8192.3311.213

3,180

9122,231

''.338

2.661*

55

101821

31237U306

890136

1*8

131

290

Source; Bally Treasury Statements.

1/ Sxcludee amounts for public debt retirement which are charge-able to the sinking fond, etc.. under special proTlsionfi of

lav.

2/ ComprlBes trust accounts, checking accounts of Ooreraicent

a^ncies, etc., Increment on gold, seigniorage on silver, andmlBcellaneouB funds and accounts. Increment on gold excludesexpenditures for national bank note retirements.

Ik Treasury Bulletin

Social Security Progrram

Section I.- Budgetary Receipts and Expenditures

Table !•- Social Security Act

(la illloni of dollart)

or Bonth

Baeelpt*

Groia racvlpta

Social Saexirlty tazea

Tvdorftl Inrnwrmnet

CoDtrlbutloos Act(01d-«^ loouraneo)

Fador*! UnoaployvontTax Act

(UneapIoTBent Inaaruica)

2/

Last aaount* credltsd to

TsderaJ Old-i^ andStuTlTOrt Inturaaoe

Truit ?and ^

Batreceipts

19)6I9jr19)8

19)9igito

19IH

i9'»a

19^)

19U3-j(mn«i7..

Much

AprilMayJtm*

Juljiu^st. ...

Sapteabar

October.

.

HoTeaber.Deceabar.

igWi-jaimarjr .

.

252.260U.U

631.2712.27S8.2

1,015.61,288.9

50.7)35-8

6.1

'»6.7

276.25.9

U6.g

29^.7U.l

UU.6SgU.i

U.g

itg.i

19^.)5li».!i

5)0. U60U.7

690.6895.6

1.1)0.5

.>T.l

2)6.72.9

U3.I1

26U.62.8

U3.6286.6

3.0

"1.527). 6

).7

))-8

57.890.1100.9107.597.7119.9158. »

13.699.03.2

).3U.73.1

3.2S.ll.X

3.010.51.1

ik.s

265.0387

503.05)7.7661.)868.9

1,103.0

)5.)23I4.9

1.0

U0.8

262.0.2

ltO.8

283.8.2

38.9271.0

1.1

31.8

-12.8217.11

128.217". 5126.91U6.7

1859

15. >•

100.95.1

5.816.

2

5.7

6.010.9).9

5.713.1).g

16.2

fiscal yearor aoath

Ezpandl tttrea

JLdalals-

tratlTeezpeosea

y

Grants to Stataa

Social Security Board

01d-a«eassist-ance

Aid to

dependentohlldren

Aid to

the

blind

Dneoploy-mant con-pansatlonadBlnls-tratlon

PublicHealthSarrlca

Pnbllchealthwork

Dapartaant of Labor

Maternaland childhealth

serTlcea

Serrloesfor

crippledchildren

Childwelfareservices

Office forftaergenojr

Manaêaent

WarKanpoverCo^lsalon

(n. 3.

baployiDantSerTlce)

Rafnndaof

taxes

Ixoeasof

expendi-tures ^'

19)6.

19)7.19)8.1939-19UO.19I11.

19U2.19U3.

19U3-January..Tebruar7.March

April.

Mv...June.

.

JulyAugust. . .

.

Septenber.

October. .

.

VOTeabar .

.

Deceabar .

.

19W»-Jaouary.

28.

U

lg2.7

)32.5W-i)8ll.2

UUq.U50C.U

527.2

58.929.)U3.li

61.6

39.0l6.lt

59-952.6)2.9

56.9U0.82U.1

58.8

.6

15.820.021.)25.))1.5)1.5))•)

2.62.8

))).02-9).0

2.8

2.52.9

2.92.22.8

2.2

27.8166.9271.5320.3356.5UI5.2U69.61*91.1

56.126.)

39.9

58.)35.8l).l

56.8U9.g

29.7

53.738.321.0

56.1

19-712lt.g

182.220g.8227.6260.1

299-1316.9

30.9l6.ii

27.2

38.625-)9.6

Ul.l)2.825))6.129.218.2

35.2

2.0II*.)

25-531.0U5.U63.269.it

67.3

tl).2

8.2

7.1

6.52.8

6.1

5.22.1

6.2

1.0U.65.2

u7.18.08.5

1.0.8

.1

1.2

.9

• 5

1.01.2.5

l.l

• 99.1

U1.9

58.958.363.070.3

55.1

10.8.2

1.7

1.7

.)

.2

).67.0

'.I

9.7

2.U

7.88.98.09."10.8u.u10.7

2.)

2.1

-3

2.21.1

2.0.It

2.2

1.0

).l3.8).7It.g

5-5

6.5

.6

.6

.2

51.1

.8

.)

.7

.6

.5

9.1

.9

.6

2.1

2.7).o

).8

.)

.5

.1

.5

.It

.)

.1

.u

.u

.2

.5

.1

.2

1.0l.U1.51-5

\:l1.6

.)

.1

20.7

).i3.86.5

2.U2.1

1.5

1.0.2

.1

ui.oi'1.8

2.6

3.52.8

.2

.2

.2

.2

.)

.)

•)

.3

.3

.3

.3

.)

28

195115

215209322

)g.)

55.724.810.7

5).

8

itl.7

29.0

51.)27.720.lt

U2.6

Source:

'^

i/

Sallj Treasnry Statoaontt.Ui* thaa tÔ.OOO. U/

Foraorljr Titlo Till of the Social SocTirlty koX

.

Tbmorly Tltlo IX of th* Social Security Act. Inoladai affloonti equalto appropriation! to Railroad ttaeaploTaeDt Insurance Adalnlttratlonrand equlTalent to aaounti of taxes collected vlth reapaet to the

period froa Janoary 193^ to Jane 1939> Incloaive. froa eaployert sub-

Jeot to the Railroad UasBplo/aeDt Insurance Act (See Table 3 *>f Sec-tion I).

Prior to January 1, 19^*0, figures represent awmnts trensferred to

the Old-A^ Reserre Account. Troa Janoary 1 to July 1, 19^ 'traDS-fers" vere aade to the Tederal Old-A^ and SurvlTors Insormce Tmstfund. Subsequently receipts hare been deposited In the 0«neral Fund 5/of the Treasury and 'appropriated" directly to the federal Old-A^ b/

and SurrlTora Insurancs Trust Pond. Aisounts shovn as transfers re-flect daductlona Bade for relBburaaaent to the Oenaral ?und accountto covar adalnlstratlra expanass. which are shown as azpendlturaa In

Section II. Table 1.

Includes only expenditures froa appropriations oade specifically

for adalnlstratlTs expenses relating to the Social Security Act;

namely. Social Security Board, Department of Commerce, and Depart-

ment of Labor; and admlnlstratlTe expenses relabursed to the (}en-

eral fund of the Treasury under Section ?01 (f) of the Social Secu-

rity Act. as mended. Be^nnln« July 1. 19^0. Includaa also adaln-

latratlra expanses under the Vaêr-Peyser Act. Ixcludes admlnls-

tratlTe azpanaas payable froa other apiroprlatlons. principally for

the following a^noles: Bureau of Internal Reranue of the Treasury

Departaent, sod Public Health Serrlca and Office of Iducatlon of

the federal Security A^ncy.CoTarad by appropriations by Congress.

Second Deficiency Appropriation Act. fiscal rear 193«. approrad

June 25. 1938, carried an appropriation of $Uo,56l.886 for maldnc

refund to certain States of portions of federal enployers' tax for

1936 collaotad under the Social Security Act.

February 1944 15

Social Security Program - (Continued)

Section I.- Budgetary Receipts and Expenditures - (Continued)

Table 2.- Railroad Retirement Act

tin mllllone of dollars)

?leeal yearor Bonth

Receipts

Carriers' TaxingAct of 1937

Expenditures

Adalnletratlveexpensea

i/

Transfere toRailroad Retirement

Account (trust account)

Refundsoftaxes

Excess of

expenditures

2/

19361937193«193919itO

191*1

191*2

19'*3

19'*3-Jaauary .

.

Peferuary

.

March. . .

.

April

.

Mo;...June.

.

JulyAu^et ....

Septembsr.

October. .

.

HOTenber.

.

Dscembsr.

.

iglUt-jamiary.

.3

150.1109.3121.0136.9170.0208.8

1.17.U

1*1.5

3.0

ull1.1

15.01*6.2

1.1

8.252.9

1.2

.3

1-51U9.0110.0123-3128.2IU8.5220.2

31*. 5.5.U

35 -i

.2

.3

161.0.2

.3

33-8.2

.U

51*.

1

-3

\:l2-92.6

3.87.65.1*

.5

.1*

.2

.3

.2

.2

.3

.2

.2

.1*

IU6.I*

107.1120.7121*. 1*

IU0.92lU.g

31*.

31*.

7

160.7

33.5

3'*-0

.3

1.2-1.1

.7

2-3-8.7-21.611 .U

33.1*

-6.9-U1.3

32.1-5.7

-1*8.3

159.8-1U.8-1*5.9

32.7-8.0-52.5

32.9

Source; B&lly Treaaur? Statemeate.• Lsen than $50,000.

1/ lacludea only expenditures from appropriations made epeolfl-oally for adalnlatratlTe expenees relating to the Ballroad

Retirement Act.

2/ Covered by appropriations fron the General fund of the Treaa-

nry.

Table 3.- Railroad Unemployment Insurance Act^j'

(In millions of dollare)

Fiscal yearor month

Becelpts

Railroad unemploymentInsurance contrl-

hutlone 2/

Expenditures

Administrative expenses(Railroad Unemployment

Insurance Adminis-tration Fund) 2/

Transfers to RailroadUnemployment InsuranceAccoiint. Unemployment

Trust Fund H/

Excess of

expenditures

if

1936.

1937.1938.

1939.1940.191*1.

191*2.

191*3.

19l*3-Janaary.

.

Tehruary.March. . .

.

April.May...iTune.

.

JulyAugust . . .

.

September,

October. .

.

November .

.

December .

.

U.96.88.510.3

.1

2.5

2.6

.1

2.5

.1

.2

2.7

.5

5.010.96.1*

8.2

.1

.2

.2

.2

.2

.3

.2

11-9.2

.2

.2

.2

I9UU-January

.

•5

5.03."*

2-52.?

.1

.2

.2

.2

.2

.3

.2

.2

.2

.2

.2

.2

-3

r-5

6.0

11.7

•5

.1

U.i-2.1-2.1

.1

.1

-2.3

.2

.2

-2.3

.2

11.8-2.3

.1

.1

-2.5

• 3

ce; Daily Treasury Statements.• Less than $50,000.

1/ Operated as Railroad Unemployment Insurance AdministrationFund.

2/ Represents lOJt of contributions under the Railroad Unemploy-ment Insurance Act; the remainlog 90^ is deposited in theRailroad Unemployment Insurance Account, Unemployment Trust

Fund (See gectlon II, Table 3)- Excludes amounts appropriatedto Railroad Uhemployment Insurance Administration Fond equiva-

lent to amounts of taxes collected with respect to the periodfrom January I936 to June 1939, inclusive, from employers sub-

ject to the Railroad Unemployment Insurance Act, as follows

(in millions): Calendar year 1936 - $2.7. 1937 - *5-3.

1938 - $6.8, and for the first six months of the calendar

year 1939 - $2.9, aggregating $17-7. These amounts are

Included in Table 1 under Federal Unemployment Tax Act(unemployment insurance).Includes only expenditures from appropriations made specifi-

cally for administrative expenses relating to the RailroadUnemployment Insurance Act.

Represents excess funds of the Railroad Unemployment Insur-

ance Administration Fund (under Act of Oct. 10, 19l*0)

.

Covered by appropriations by Congress.

16 Treasurij Bulk tin

Social Security Progrraa - (Continued)

Section II.- StateMents of Trust Accounts

Table 1.- Federal Old-Age and Survivors Insurance Trust Fund^

(CuBAlAtlTt froa tffnltatiem - I& kIIIIobs of dollart)

ftid of flooal

/••r or MOmth

lt*eolpto

Totalr«o«lpto tlou V

Oeacrato

iBtonot

lanot-rato

Xxpondltnroi

Totid•xp«dl-t«roa

01d-*«(Iwsoflt

BalBtnrsaaatfor

dalnlitratlT*•zpo&ooa 2/

TotaliBTaat-•ata

tbaxpaadad âlaaoa

la Oatioral

TobA

Xa dlaWrotaifofflear'aaceoaat

1936

1937193«1939l9»o19kl19l»2

19*3

19U3-|aTmMr..Dicaabar..

19Wi-J«

267.3782.7

1.199.61.792.12.536.23.502.8•.720.7

5.369.75.375.''5.»09-'t

265.0765.0

1.155.01.705.02,393.13.288.8«,'tl9.3

5.067.65.071.35.105.1

2.317.7U1.6

87.1IkVl2li.l

301.5

302.030U.230k.

3

19.3•7.S

138.6275-6U52.I1

537. >t

555.0572.3

5.»19.335-199.5

209.8359.1

'

>i6o.6

12.339.165.993.6

107.1109.7111.7

267.2777.2

1.180.31.7^1.72,397.63.227.2•.268.3

••. 832.3U. 820.5U. 837.1

267.1662.3

1.177.2l,73«.l2,380.63.201.6l>,236.8

>.U98.9U. 778.8"t. 767.8

.1

U3.0.1

6:i5.27.0

306.212.538.5

.1

1.93.06.1

10.120.k2^.5

27.229.130.8

Soaroai Dallj Troaaory Stataaaatl.• U» thaa t50,000.1/ lAclndaa trasaaetlooa affaotad aadar tha pradaoaaaor Old-A^

Eaaom loooant.

2/ Oadar Saotloa 201 (f ) of tha SoeUl Saoto-lty lat aMsdMstaof 1939.

Table 2.- Railroad Retirement Act

(C^mlatlva froa orâaliatloa - la allllona of dollara)

bd of ftaoaljaar ar aoatta

Totalraoalpta

Bacalpta

Approprl at 1 ona

hj- CoBcraaaXataraat oalarootaoata

fxpooditarat

Baaafltpajaaata

iBTaataaata

Uao^âadad balaaoa

Xa OaaaralsroBd

la dlibmralaôfficar'o aaooaat

193619371938193919*019U119h2

19^3

19%3-IOTaabarDec«abar

19Ult-Jaimar7.

It6.6

•6.61*7.9268.

i

390.8506.9650.9871.5

1,13U.61.13^.71,13*.9

>t6.6

U6.61U6.526U.8

3811.9

639.4^.2

1,116.91.116.91.U6.9

3.6

\-xU.617.3

17.717-918.0

It.O

79.«I85.6298.71*19.9

5>i6.1

676.6

7*3 .6

75S.6

1)6.6

l»S.6

68.182.792.187.0

lOlt.819l».9

1102.3

391.5380.3

66.267.2

7».091.5178.0

321.0310.0333.0

k6.636.6

.2

13-210.8

1.6U.l

68.668.73^.7

6.01.62.31.8

10.511.712.8

12.712.712.6

Soaroat Dally Traaaary Stataaanta.Laai than 150,000.

Table 3.- Unemployment Trust Fund

February 1944 17

Cash Income and Outgo of the Treasury, by Major Classifications^

GENERAL FUND OF THE TREASURY

-i«-

February 1944 19

Assets of the General Fund of the Treasury

(In mllllonB of dollars)

End of fiscalyear or month

Bullion, coin,and currency

Deposits in

FederalReserve Banks

Special depositsaccount of sales

of Governmentsecurities

(War Loan accoxints)

Otherdeposits

andcollection

ig'^u

1935193619371938. •

1939igiio

19U1\3h2

19''3

igltS-JanuaryFebruaryMarch

AprilHoyJune

JulyAugustSeptember

Oct oherNovemberDecember

igUU-Jamary

Source: Dally Treasury Statements

3.035S.OlG2.9362.7092.U19

3.0872,03«2,8123.'*''3

lo.iug

8,200

5.895't.758

13.11213.15210, W9

9,1276,81*5

18,73"

19,83s15.1*92

12,878

12.873

1.01*5

1.01*1*

865

1,863827

1.191*

871*

981*

897911

857872871

883

897911

906905883

900908926

937

97118862lUl

929

1.022251*

1.021*

6031.038

1*65

623e*3

1.215G51

1.038

9791.0761.538

1.0951.21*5

1.1*08

1,098

I.85U

7991.150

6U9611

7768O5661

1.6797.667

6.3673.8922.691*

10.1*85

11.1177.667

6. 790U.362

15.676

17.28012.7709,91*2

10.311*

37

5558

5552

951051U3

265

533

>51l

509550

5291*87

533

^%501636

563569601

523

Balance in the General Fund of the Treasury



Totalaseetl

Totalliabilities

Balancein the

Generalfund

Analysis of balance in the General Fund 1/

Worltln^

balanceSeigniorageon ellwr

Incrementon gold

1931*.

1935-1936.

1937-1938.

1939.191*0.

igui.191*2.19l>3-

19l*3-January .

.

February

.

March

April

.

May...June.

.

JulyAugust . . .

.

September.

October.

.

November

.

December

.

19l*U-juuary

.

3.0332.016

2.9362.7092.1*19

3.0872.0382.8123.l*i'3

IO.1U9

8.200

5.895'*.758

13.11213.15210.1U9

9.1276,8U5

18,73''

19,83815,1*92

12,878

12.873

1*51

17525U156203

21*8

11*7

1791*52

6U3

"•77

503

579

U951*65

61*3

5321*81

576

5tl

53|»581*

631*

2.582l,gl*l

2,682

2.5532,216

2,8331.8912.6332.9919,507

7,72>*

5.392'*.179

12,61712,687

9,507

8.595G.36U

18,158

19.297ll*,958

12,291*

12,239

1.7711.0012.0692.0001,622

2. 160

1,1631.8852,2298.71*1*

6.961l*.630

3.1*16

11.851*

11.921*

8,71*1*

7.8325.601

17.395

18,53'*

lit.196

11.532

11,1*76

lUO

31635G1*1*6

536585605619619

619619619

619619619

619619619

619619619

619

811700

297198IU7

11*2

11*3

lt31U3ll*U

ll*U

11*1*

11*1*

lUUlUl*

ll*U

ll*J»

ll*l*

ll*l*

11*1*

lUl*

ll*l*

ll*l*

Source: Dally Treasury Statements.ly In the fiscal years 1935 and I936. $91 millions and $55U mil-

lions, respectively, were transferred from Increment on gold

to the working balance for retirement of national bank notes.

In this statement, however, charges for retirement of national

bank notes are reflected directly against increment on goldin the years during which the retirements were actuallymade. Inactive gold In the amount of $1,087 millions forthe fiscal year 1937 is considered as a part of the workingbalance.

20 Trensiirii Bulletin

Aiialysls of Change In Balance of General Fund of the Treasury

[in lllloas of dollars - Vat laeroaa* or aat doer««ao (-T]

Ch«a^ dnrloc fiscaljmmr or Bonth

Totaloluoif* 1bO«aoralTnnA

balanes

Vorkloc balsncs

Totalvorkl&cbalaaoa

Osnoraland

spaolalaooovnto \J

Publicdsbt

aoooants 2/

Trustaoooants ^

Klsosl-laBAOOS

ftuids andaoooants

V

Gh«cklac•Aomuit.t of

C*nal«a.•to.

OB•llnr gold 5/

193U.

1935.1936-

1937.

193*.

1939-19MO.

19Us.

19^3.

19U3-Jairaai7..r*to«u7.Mweh

April.MBjr...

Jtmo.

.

JuljAu^Caflt . . .

.

3«pt««b«r.

Octobor.

.

HoTeabor

.

Decembor

.

IjUt-jUmarj.

1.720

gMo-la-338

6?2-94771W

35«6.515

-2.819-2.331-1.213

g.U3g

70-3.180

-912-2.23111. 79^*

1.139-^.338-2.661*

-55

908-7696/.067 y-70

-377

537-9977223UU

6.515

-2.819-2.331-1.213

8.1*38

70-3,180

-912-2.231u,79'»

1.139-''.338

-2,661*

-3,5^2-3.611-5.103-19,598-55.897

-5.161*

-2.11*7

-5.952-5.955-3.758

-1 105896

2.087

-55

-5.1*26

-5.71*0

-1.716

-lt.823

U,5lU

5. ''75 1/2. 71*61/

792 IJ

3.280 1/2.528S.W't

23,Wlsi. 271*

2.8992.951*

l,Ug3

iu,3i»a

6.061*

7gU

u.ssg

2.53^11*. 291

6,6971.112-281

'*.781

21*

61*

3"1911

29

37

92

2U222

-260

"9266

-279

92275

52210

-262

50

2

16

11

16

51-9

-1U

2

lU

1622

101

-731*

63710831"20I*

76831*

-217-3.625-2.191*

-186-370-300

-17-356

82

-726-lUS-ll*6

-1*J7

-165

ll*0

1761*0

90

2?2011*

811-111-1*03 5/-99-51

1^

c«: Dally Trsaaxiry Statenonts.• L«BB than $500,000.1/ This It the net bud^tary doflclt. Sxcludes amounts for pub-

lic debt retlreaent which are chargeable to the slnklag fund,etc., under special provisions of lair.

3/ This represents the Increaae In the groBB public debt, exceptas noted. (See footnote jj .)

^ Includes Pederal Old-A^ and Survivors Ineurance Trust Tund.Uneaployaent Trust ^nd. Railroad Retirement Account. Oorem-ment iaeuranoe and retirement funds and other trust funds.

U/ ComprleeB Public Vorks Administration rerolving fund and ape-olai deposits (net). Also Includes A^lcultural Markstln^ Ad-ministration coEunodlty food stamp traneactlonB.

5/ Includes erpendltures for retirement of national bank notes.

b/ In the flBcal years I935 and 1936. $91 millions and $55U mil-lions vere transferred from increment on gold to the vorking

balance for retirement of national bank notes. In this state-ment, however, charges for retirement of national bank notesare reflected directly against increment on gold. In the yearsduring which the retirements were actually made. Inactivegold in the amount of $1,087 mllllonB for the fiscal year 1937is considered as a part of the working balance general andspecial accounts for the purpose of this table.

jJ Expenditures for the retirement of national bank notes fromIncrement on gold for the fiscal years 1935 to 1939 (as shownbelow) are not reflected herein, but are reflected under In-crement on gold as follows: 1935 - $9^ millions, 1936 - $397millions. 1937 - $99 millions. 1938 - $51 millions, and 1939 -

$5 millions, total - %€M^ millions. The increaeee In the pub-lic debt shown In the table "Means of ^nanclng Cash Bequire-mentfl" for the above fiscal years will not agree for the reasonstated above.

PUBLIC DEBT AND GUARANTEED OBLIGATIONSOF THE UNITED STATES GOVERNMENT

-21-

22 Treasury Bulletin

Sumnary of the Public Debt and Guaranteed Obligations of the United States Govemment-^

(IB IIUOM Of dollari)

to4 of flaul7««r or aoBth

February 1944 23

Detailed statement of the Public Debt and Guaranteed Obligations of the United States Government

21^ Treasury Bulletin

February 1944 25

Composition of the Interest-Bearing Public Debt

Znd of flicalyear or month

193".

1935-

1936.

1937-1938.

1939.19110.

igiji.

igits.

191*3.

19'' 1-January.

.

February,March. . .

.

April.

May...June .

.

JulyAugustSoptemlJer.

.

October.

.

tlovember

.

Deceober

.

IjUluJanuary

.

26.1»gO

27. *532.98935.80036.576

39,886''2,376

'*8,387

71.968135.380

110, 02U

112,851nl»,2g7

128,61*3

13'*. 675135.380

11*0,238

11*2,721

157.053

163.589161*, 781l6U,508

167,01*3

Interaet-bearlii^ public debt outstanding(In Billions of dollars)

Public issues

Market-abl*

16,510IU.87I*

17.36820,131*

2?,0'»3

25,1*11*

26,75130.1*11

38.28157.716

1*9.1*69

1*9,1*69

1*9,1*69

55.39758,17157.716

57.71657.71665,61*0

68,08568,136.68,11*0

67. 9W

Hon-iara kat-

n.;ia

621,2611 188

1.556

2.1513,166

10,1*96

21,701*

16,60717,1*35

18,276

19.67320,93221,701*

22,1*91

23,17625,060

26,66727.31627.988

29.527

Markat-•bla

6.65310,02311,38110,6179. 11*7

7,a'*3

6.3835.6986,6899.168

9,8639,8639.797

9.7979.7979.168

11,87511.87511,596

11,59611,59611.175

11.175

SOtt-

mark»t-able

3.0157.1*95

6,71*9

7.1256.31*6

7.7838,1637.1*95

7,6787,7038,351

9,1099,2788,586

9.381*

Certif

-

icatasof

indabt-•dnass

1,517

3.09616,561

10,71*1

11,16111,161

16,151*

16,56116.561

16,56117.1*97

a, 136

23.19923,10322,81*3

22,81*3

1,1*01*

2.0532,35^2,3031.151*

1,3081,3021,6032,508

11,861*

7. ''23

8,2329,231*

10, ou*10,853ii,s6i*

12,1*60

12,81*6

13,051*

13.06U13.071*

13,072

Specialissues

396633626

1.5582.676

3,770l*.775

6,1207.885

10,871

9.1729,565

io,ooi*

9.79510,19810,871

11.1*56

11.90711,717

11,86812,27812.703

13,101 12,873 100.0

Percent of interest-bearlnc public debt

100.0100.0100.

100.0100.0

100.0100.0100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

Public issues

Market-able

62.1*

53.852.656.260.3

63.763.162.8

1*5.

1*3.8

1*3.3

1*3.1

U3.2U2.6

1*1.2

1*0.

U

Ul.S

1*1.6

Ul.l*

Ul.U

llO.g

Hon-narkat-able

.2

3-83.3".3

S."*

l-llU.616.0

15.115.

U

i6.o

15.315.516.0

16,

16.

16,

16.

16,

17.0

17.7

Market-able

25.1

36.33^.529-725.0

18.215.111.8

9.36.8

9.08.78.6

7.67.36.8

8.58.37.1*

7.17-06.8

6.7

Hon-markat-abls

1*.2

5.5

6.1

6.35.6

6.16.1

5.5

5 55.'*

5.6

5.65.65-2

5.6

Oartif-ieatss

ofIndabt-adnaes

5.7

i*.3

12.2

9.89.99.8

12.612.312.2

11.812.313.5

lU.2lU.o

13.9

13-7

Bills

5.37.U

7.16.1*

3-2

3-33.1

3-33.58.8

6.77.38.1

7.88.18.8

8.99.08.3

8.0

7.97.9

7.8

Specialissues

1.5

2.31.9t.3

7.3

9.511.312.611.08.0

8.38.58.8

7.67.68.0

8.28.37.5

7.37.57.7

7-7

Source: Daily Treasury Statements,

Guaranteed Obligations Held by the Treasury1/

(In Billions of dollars)

Knd of fiscalyear or Bonth

igs^!

1935193619371938 ,

193919U0

191*1

191*2

191*3

191*3-Januai,.

.

February.March

AprilHayJune

JulyAugust. .

.

September

October.

.

November

.

December.

191*1*-January..

3.2553.655It. 0303.630

883

loU

302i*.079

7.535

'5.598

5,8206,lU2

6,1526,3577.535

7.0637.1707.310

7.1*77

7.5607.853

8,0l*5

CoBiaodltyCredit

Corporation

10

25lUo1*00

1.950

650750850

750700

1.950

700700700

700800800

900

FederalFarm Mort£a£eCorporation

263

PederalPublic HouaineAuthority

20

*?271*

283

280283283

283283283

283283283

283283283

283

Home Owners'Loan

Corporation

2515

551212

386323298

2762l*3

212

173110

79

36

9

BeconatructlonFinanoe

Corporation

3.2553.655&.0303.655

gfiU

2l»}

720

53>*

033

1*,226

1*,1*0S

U.65U

1»,787

5. 071*

5.033

5.8506,0216,192

6,1*01

6,Uii

6,713

6,806

TennesseeTallay

Authority

52

57

57

57

5757

57

57

5757

57

57

57

57

5757

57

Daily Treasury Statements.Less than $500,000.

1/ These securities are not included in preceding statements of guarenteed

obligations outstanding.


CkMiputed Interest Charge and Computed Interest Rate on the Public Debt and Guaranteed Obligations

of the United States Goyernment

(In BllllOBi of dollari)

I&d of flioalj9mT or Bonth

February 1944 zj

Maturity Schedule of Interest-Bearing Public Marketable Securities

Issued or Guaranteed by the United States ^As of January 31, 1944

(In Billion* of doll&Tf)

T««rand

BontbDviorlptlott of •ourlt/ Zj

D«t«ll«d nnnnnl nsturltles

niod-Batxirlt7

Itautt

Callabl* Isfluaa

olaaalflad b7 year of:

rirat

eallnnal

atari t7

Total annual aaturltlaa

nxad-saturltylaauei plua

callable liaueaolaailfled tj rear

of flrat call

Wied-Batnrltyleauee plui

oallatole lesuee

claailfled by yearof final Batnrlty

IjUlt.

Feb..!^b..Mar..Mar..Apr..Apr..Apr.

.

May..May..May..June.

Aa«..Sept.Sept.Sept.Oct..>e..leo..

19U5-Jan.

.

Jan.,Jan.

.

Feb..Mar..Mar..June,Sept.Deo,,Dec.

19U6-Jan.

.

Mar..Mar,,June,June.See.,

19l»7-Jan.

.

June.Sept.Sept.Oct,,Dec,

.

igUS-Mar,

.

Mar..June.June.Sept.Dec

Treaiury blllal-3/g)( FPEA not*

7/8* Ctf. of Indebt.

l4 Treaeury note3-lA< ITMC bond7/a* Ctf. of Indebt.

1^ ETC note3-l/U)l Treaeury bond

7/gi( Ctf. of lidebt.

3)8 HOIC bond

}< nVC bond3/^ Treasury note



1* Treasury note

3/^ Treaeury note

7/8* Ctf. of Indebt.7/s* Ctf. of Indebt.U* Treasury bond

Total

2/l/UU.,,,2/1/ltll....

3/l5/>t^....3/l5/W,-6U.i»/l/W».,,,

U/l5/¥t.,,.U/l5/ltiUi6.

5/1/HU....^/l/lA-52.

5/l5/liU-ii9.

6/15/W....8/l/W*...,9/l/Wt...,9/15/"*....9/15/Wt,...lO/l/W*....12/1/Wt....

12/15/UU-5U.

I* RFC note

1* RFC note

1* FFC note

1-1/5* CCC note5/U* Treaeury note

1-1/^* Treasury note

1-1/2* HOLC bond2-3/U* Treasury bond

2-1/2* Treasury bond3/U* Treasury note

Total

X-BX-C

s

AC

M

1/1/U5....

1/1/1*5.,,.1/1/U5,...

2/15/'t5....

3/15/'*5....

3/15/'*5..,-

9/15/'»5-'t7.

12/15/1*5... •

12/15/1*5. ••.

3* Conrerslon bond

1* Treasury note

3-5 /U* Treasury bond

3* Treasury bond

5-1/8* Treasury bond

1-1/2* Treasury note

Total

1/1/U6,,..

3/15/1*6....

3/15/1*6-56.6/l5/''6-l»8,

6/15/1*6-1*9,

12/15/1*6,,.,

3^ CoDTaraion bond

1-1/2^ HOLC bond2-5 /U<£ Treasurj bond1-1/2^ Treaeur7 noteU_l/1+«J Treasury bond

2* Treasury bond

- 1/1/1*7....

M - 6/1/1*5-1*7,- 9/15/1*5-1*7.

A- 9/15/1*7....- 10/15/1*7-52,- 12/15/1*7...,

Total.

2* Treasury bond2-3/1** Treasury bond

5* Treasury bond

1-3/1** Treasury bond


2* Treasury bond

3/15/1*5-50.3/15/1*8-51.6/15/1*6-1*5.

6/15/1*8....

9/15/1*8....12/15/1*8-50.

Total.

13,101ui*

2,211

515

5.251571

1.5191,655

UiS2.5'»5

U,122283635

3.5193.5^

39.997

290170

351*12

718,606

5UI

531

U.302

16

503

3,261

3.779

13

2,707

"'701'

3,1*21

3,0621*51

3.513

95

779835

1.037

2.71*5

7551.211*

1.969

U891.036

819

2,31*1*

759

759

1.1151,223

571

2.910

1*2,71*2 39.997

6,271 1*,302

6.123 3,779

755l,2ll*

1.969 U.lgO 5,391

1,036

1,036 6.1*23 i*,5U9

(Continued on following page)



Issued or Guaranteed by the United States -^


(Ib Btlltsaa of 4all«ri)

T<arud

Booth

DvBortptlon of •acurltj 2/

I>«tBll«d •onuJLl aAturltl*!

rind•atari <7liaoat

CallAbl* Itaus*

eluilflad b7 j—T of!

rint riaalatarit7

total animal aatarltlvt

rixod-aatorltr rind-oatorltjlaoaot plat itaaot plos

callatlo linM Icallabla liiaM

elaatlflod hj 7«ar ela«tlfl»d hr 7«arof flrit call of floal aatarltr

191.9-llajr..

Jon*.Jaaa.•apt.Dae..Oae..Sac..

1950-Mar..Mar..Sapt.

Sapt.Bac..

19;i.Nar..Juaa.Jona.Sapt.Sapt.

Sapt.Dae.Dae..Dae.

19;2-MaT..Nar..May..Jona.Sapt.Sapt.

Oct..Dae..

19S3~Jaiia.

Sapt.

Dae..Dae..

19;>«-Mar..

Jona.Jona.Dae..

1955-llar.

.

Juna.Tuna.

Sapt.Sac..

J* TWO bond - 5A5A'*-lt9.

i-l/lt Troaaurr bond - 6/l5A6-'l9.

2* Iraaiurr bond - 6A5A9-51.If Traaiarr boad - 9A;A9-;i.3-l/«# traaaunr bond - 12A?A9-52.t-l/it TraaatuT bond - l?A5A9-53.Si IraaauTT bond - 12A5A9-51.

total

St Traa.arr bond - 3A5A«-50.at Iraaaury bond - 3A5/50-52.2-l/2> Iraaaury bond - 9A5Ao-52.2# troaiury bond - 9A5AO-52.at traaaarj bond - 12A5A«-50.

total

2-3/14 treaaary bond - 3A5A«-51.a* TrfaaUTT bond - 6A5A9-51.2-3A# Traaaury boi^ - 6A5/51-5'».!t Iraaiury bond - 9A5/lt9-51.

2)t IraaauTT bond - 9A5/51-55.3# traaiorr bond - 9A5/3l-55.2-1A# fraaaorr bond - l2A5/^l-53.2# traaaorr bond - IzASOl-SJ.Zt traaaorr boal - 12A5A9-51.

total

2-1/31 traaaary bond - 3A5A2-5''.2* Traniurj bond - i/lpAo-^l.Jli HOM bond k - yi/VHJii.2-1/^ Iraaiurr bond - 6/15/52-55.2-1/2* traaaorr bond - 9/15A0-52.2* Troainry bond - 9/15/50-52.lul/U> traaioTT bond - IOA5A7-52.5-l/g^ Iroa.ury bond - 12/l5/'<9-52.

total

at traaaury bond - 6/15/53-55.

» traaaury bond - 9/15/51-53-2-l/2# traaaury bond - 12/l5/i»9-53.

2-1/Vit Traaaury bond - 12/15/51-53-

total

2-l/2> traaaury bond - 3/15/52-5''.

2-3A# Traaaury bond - i/l^/pi-^.2-l/U«» Traaaury bond - 6/15/5U-56.

W* Traaaury bond - 12/l5/Wt-5lt.

total

2-7/rf traaaury bond - 3/l5/55-GO.2-1A* Treanury bond - 6/15A2-55.2# Traaaury bond - 6A5A3-55.3)t traaaury bond - 9A5/51-55.?» Traaaury bond - I2/15/5I-55.

total

i.oik1,292X91

1,7862,09«

6.682

1.9631.186'».939

8,088

1.627

7.9*6755

1,118510

11.996

l,08l»

1.501

2.52U

T25

725

681

681

2,611

2,611

«35819

1.65>«

1.115

571

1,687

1.223l.Ol*

1.292

2.098

5.628

1.963779

1,186'•.939 .

759191

10,117

7.5861,7861,118

10.890

l,02l»

1.627

1.037

3.687

1.501

725

755510

3.''91

6,682 i.es"*

1.687

11.996 5.628

2.52l» 10.117

725

681

10,890

3.687

2.611 J. '•91

(Contlouad on following paga)

February 1944 29


Issued or Guaranteed by the United States-^


(In millions of dollari)

Yearand

month

Deecriptloo of lecurlty 2j

Detailed annual maturltlae

?lied-satnrltyIstues

Callable Itiaeeclaeilfled by year of:

riretcall

rinalmattirlty

Total annual maturltiee

Fixed-maturityIteuoB plus

callable laauee

elaselfled by yearof flrit call

Tizad-maturltyiBBUrea plua

callable isanes

claeslfled by year

of final maturity

1956-Mar.

.

Mar..June.

Sept.

1957.

1958-Mar..June.

1959-Sept.

1960-Kar.Dec.

1961-June.

19 62-June.

1963-June.Dec.

196U-Mar..June.Dec.

.

1965-Dec .

.

1966.

1967- June...Sept...

1968-Dec

1969-June . .

.

Dec

1970.

1971.

1972-Sept.

3-3 /U^ Treasury bond2-1/2^ Treasury bond2-l/U^ Treaaury bond2-3/^/^ Treaaury bond

3/15/U6-56.

3/15/56-58.6/l5/5i*-56.

9/15/56-59.

Total

.

2-1 /25t Treasury bond2-}lki Treasury bond

3/15/56-58.6/15/58-65.

2-3 /^5f Treasury bond

2-7 /g^ Treasury bond2-3/'+$ Treasury bond

- 9/15/56-59.

- 3/15/55-60.- 12/15/60-65.

3i Pasaaa Canal bond - 6/I/61....

2-1/2)1 Treasury bond - 6/15/62-6?.

2-3/'*< Treasury bond - 6/15/58-63.2-1/2* Treasury bond - 12/15/63-68.

3-1 /U* FTHC bond

2-1/2)6 Treasury bond2-1/2* Treasury bond

3/I5/IA-6I..

6/15/6lt-69.

12/15/6U-69.

Total.

2-3/'»* Treasury bond - 12/15/6O-65.


2-1/2* Treasury bond6/15/62-67.9/15/67-72.


2-1/2* Treasury bond2-1/2* Treasury bond

12/15/63-68.

6/15/6U-69.

12/15/6'»-69.

2-1/2* Treasury bond - 9/15/67-72.

50

i,irt9

982

S.U51

919

919

l,Ug5

l.lt85

2,118

2.831

2,831

3,7623.838

7.600

2.716

2.716

lt89

'6gi'

1.170

1,W»9

1.1*9

2,611

2, 611

919

919

95

95

1,1155

2.118

2,118

2,831

3,7623.838

7,600

2,716

S.U31

919

1,1*85

50

2,118

2.831

7,600

2.716

1.170

l.Ul»9

982

2.611

50

919

95

1.1*85

2,831

7.600

2.716

Source: Daily Treasury Statement, and reports to the Treasury.

1/ Ixclnd.s postal saTlngs bonds and Fedaral Bousing Adnlnlstra-

tlon debentures.

2/ It should be noted that callable Issues appear twice in this

coluiin, once in the year of first call and a^in in the year

of final aaturity. Callable issues with respect to which a

definite notice of call has been made, however, are listed as

fixed maturities. The abbreviations refei' to the following

corporations: Home Owners* Loan Corporation, Reconstruction

Tinanee Corporation, Commodity Credit -Corporation, federal Tana

Mortgage Corporation, and Tederal Public Bousing Authority.

3C Treasury Bulletin

Offerings of Marketable Issues of Treasury Bonds, Notes, and Certificates of Indebtedness^

Since January I, 1940

(In Bliaoat of lollari)

Data of

AOone»-

rebruary 1944 31

Offerings and Maturities of Treasury Bills

Table K- Description of Treasury Bill Offerings and Amount of Maturities

(Amounts la mllllonB of dollars)

Date of

Issue

Description of new laeue

Maturitydate

thuD^er ofda^rs to

maturity

Amount of

bidetendered

Amount of bide accepted

Totalamount

Amount oncompetitive

basis

Amount onfl zed-pricebasis 1/

AjDOunt of

maturingIssue (as

of dateshown in

first co^lumn)

Total billsoutstanding(as of date

shown infirst column)

19U3-Jan.


Offerings and Maturities of Treasury Bills - (Continued)

Table 2.- Prices and Rates of Treasury Bill Offerings

Data ofItnia

Total Md> aeetptad

AT*ra<«price

par Imndrad

EquiT&lantaTara«*rate 1/

CoapetltlT* Mde accepted

Rich

Priceper

hundred

February 1944 33

Sales of United States Savings Bonds

Table 1«- Summary of Sales and RedeHptions, by Series

(In llllons of dollars)

FlBcal year

or month

Affloxmt

outBtandineend of

fiscal yearor month 1/

Het

changeduring

flBcal yearor month

An&lysla of net change

&ross Balee

TotalfnnderecolTod

Adjustmen

t

of salesreportedto funds

rscelTod 2/

Salesreported

2/

Accrualof

redemptionvalues

Redemptlone

Originalpurchaseprice i/

Interestaccrued

All B8rte« y

1935193619371938

193919HO19U1

191*2

19^3

191*3-January. .

.

Tebruary .

.

March

April

Mar

June

July

Au^Bt

September.

October . .

.

NoTember.

.

December.

.

19l*l*-Jaimary...

19351936193719381939191*0

191*1

191*2

191*3

191*3-January . .

.

February.

.

March

April

Hay

June

July

Au^st.. ..

September.

October. .

.

NOTember .

.

December.

.

191*1*-January..,

62.0316.1

799.6237.7868.190U.731U.O,188.2

256.2

21*6.1

067.5

,890.7

267.0

507.1*

,256.2

,030.2

,693.5

,1*78.1*

,056.0

,697.0

,362.8

28.901.0

3.623.3

+62.0+251*.!

1*83.5+J*38.0

+«30.5+1,036.6+1,1*09.3

+5,871*.

2

+ll,06g.0

1.196.3

821.1*

823.2

1.376.3

1,21*0.1*

+71*8.8

771*. 1

+663.3

1,781*.

9

1,577.6

+61*1.0

665.8

1,538.2

62.0316.1

799.61.237.71,868.12,9*.

7

3,650.23,6ol*.2

3,608.0


Sales of United States Savings Bonds - (Continued)

Table !•- Summary of Sales and Redemptions, by Series

(Xb lUlou of doXlsrt)

(Continued)

fiscal 7«*ror Bonth

AacnutoatttuidlB^

•od offiscal joaror aoDth 1/

ehanc*doxlnc

fiscal 7«aror Bonth

Anal7«lt of not ohaa^

Oroio alas

Totalftudo

rooolTod

id>iBtMntof aalaoraportodto ftuds

rocalTod 3/

Salaoroportod

2/

AocrvMlof

«d*Bptlon

B«d«aptloiu

Total

OrlclnklporehAAOprloo J/

««rl» I

igus.

19b}.juiui7.

.

Mareh

Ajirll.

)i*f...

Julyiafati..,.SaptOBbor.

October. .

.

HoTcstor .

.

Oocevber.

.

19W^^«iia«r7.

203.13.670.8U,286.6

T.693.78.267.U

8.873.9

9.796.010.709.011.28S.6

11.857.812.390.613.660.0

1>1,881.6

15.'«''».7

15.957.2

16.891.0

203.13. ''67.

7

7.615.8

770.5573.7606.5

922.1913.0577.6

571.1532.8

1.269.5

1.221.5523.1552-5

933-8

203.13.526.38.271.3

8IU.9633.6720.

U

1.006.8995.2696.2

682.9661.2

l.UOO.Z

1.3'*0.1

665.3727.6

1,08U.6

-15.090.7

A.k7.7

-23.827.527.

»

-26.1

3.51U8.O

-IIU.5 )

22.622.5

79.21

203.13.5^1.38,180.5

811.7629.2712.7

1.030.6967.8668.8

709.0657.7

1.252.2

I.U5U.6 r

6U2.7705.1

I.OO5.U p

1-533-1

5-22.82.7

J:?6.5

8.U

^*6.1

6.U

7.511.2

12.7

60.0688.6

U9.762.7

116.^

87.8b.

.7

.5

125.1

120.1I3U.0

136.8

125.1l'*9.7

186.2

163.6

60.0688.0

U9.6

62.7116.5

87.686.

U

125.0

120.0133-8136-5

12U.81U9.U

185.8

163.2

Sorlao f

I9UI.

I9U2.

19^3.

19113-Jamory.

.

7abruju7.March

April.May...Juaa.

.

JulyAucuatSaptaabar.

October. .

,

VoTaabar ,

.

Daoaabar .

.

19UU-jaiiuary.

66.61*98.9

1.2U2.3

929.8976.6

1.015.8

1.126.51.209.51.2U2.3

1.277.71.302.7l.'t39.'*

1,529.61.5i»«-7

1.568.7

1,691.9

«6.61132.37U3.U

75-8lie. 8

^2.2

107.783.132.8

35."2U.9136.7

90.219.120.0

123.2

66.7it3U.9

757.9

77.1U8.3U3.9

109.585.935-1

37.628.1

139.0

93.1

126.8

-8.3-2.0

+11.0

1-5-2.6

.2

-11-3lU.O

+.5

2.01.3-k.o

3-1

-•9 p

75-0U37.07"'6.9

75.650.9'•3.7

120.8

3U.6

35.626.8

1I13.O

90.022.721.5

127.8 p

.2

2.5

.3

.2

.2

.7

.k

.U

.k

.7

.8

2.917.0

1.61.71.8

1.82.82.8

2.8

3.52.7

3.3

l:\

U.8

2.917.0

1.61.71.8

2.7

5/

Sarlaa

19U1.19I12.

I9U3.

I9U3-January..Tabruary

.

March

April.May...June.

.

July.,

Aucuat . . .

.

Sapteabar.

October. .

.

VoTeabar.

.

Daceaber .

.

19"*-January.

}3k.c2.U111.32.U111.3

5.119.2

l>.013.7

ll.2lll.O

11.388.9

'1.736.UU, 982.05.119.2

5.280.05.385.05.763.1*

6.029.26.128.96.220.5

6.69U.9

3911.02.020.32.70li.9

3W1.3200.31711.8

3't7.52115.6137.2

160.8105.0378.

U

265.899.791.6

J17U.l1

39". 6

2,032.12.759.5

3U8.l1

205.3180.0

353. »

253.9luS.i

169.2112.U387.'*

27U.9109.

U

101.U

U86.9

-56.8U.I9.U

2-5-1.1-1.2

-U0.33U.01.9

7.53-3-8.3

17.6-.8

7.1

-13.6 p

U51.U

2.027.82.750.1

206.U181.2

393.8219.8IU2.2

161.8109.1

395.7

257.3110.29U.2

500.6 p

• 511.85U.5

U.25-05.2

5.98.26.9

9.0

9.19.79.8

12.6

.5

11.85l*.5

U.2

5.05.2

5-98.26.9

\.l

9.79.«

12.6

Soorco: Dallj Troasur/ Statosontt and report* of grois laloo.p Prollaloary.r EoTlsod.• Lata thu $^0,000.1/ At etirreat rodoaptioo raluos exeopt Series 0. which Is stated at par.

Unclaailfled sales shown In the Ball/ Treasury Stateaent hare beenclassified hjr series.

2/ Series A-D data are shown only on a funds recelTed basis. Series Kdata are not available on a sales reported basis prior to Jnlj 19^1;consequently data for the fiscal year 19UI are on a funds recelTedbaels.

3/ Istlaated. except for Series 0.Cy Series A-D. the sale of which comenced In March 1933 *Ad contlnned

throng April I9UI. ere 10 year disconnt bonds which were sold at f^of aaturlty Talus, yieldi&c 2.909( per annua If held to aaturlty; pur-chasei were Halted to $7.^00 issue price In any one calendar yearand froB April 1. I9U0, could be aade only by indlTlduals. Series B.

5/

r. and haT* been on eale since May 1. 19^1. Series I is a10 year discount bond sold at 7^% of maturity Talue. yleldlnc2.90i per annxia If held to aaturlty: purchases are Halted to

$3i750 issue price in any one calendar year end aay be aade onlyby IndiTlduals. Series f Is a 1? year dlsoount bond sold at 7^of aaturlty value, yleldloc 2.^}% per anma if held to aaturlty.Series is a 1? year current Incoae bond, sold at par. bearingInterest at the rate of 2-l/2i per annua, redeemable at par onaaturlty, or at stated prices leas then par before aatority. Pur-chases of Series 7 and In any one calendar year are Halted to$100,000 issue frlce for the two series combined (130,000 in thecalendar year 19U1) and najr be aade by any InTostors other thancoaaerclal bank*. 7or further details concerning redesptlonTalues and Investmant yields, see "Treasury irolletla" for Au^stI9U3. pa«e U.

Hot yet aTallable.

February 1944 35


Table 2.- Sales Reported by Series, Classified by Denomination

PlBCal /flar

or Bonth

Sales In allllonB of dollars at Issne price

Totalall

deaoBl-nations

DenoDlnatl on

$25 $50 $100 $500 $1,000 $5,000 $10,000

Percentaj'e dlstrllratlon of salee

Totalall

denonl-natlona

DenoBlnatlon

$25 »50 $100 $500 $1,000 $5,000 $10,000

19U1 1/19U219'*3

19U3-January

.

FebruaryMarch..

.

April...MayJune ....

JulyAugust.

.

September

October rNovember,December.

19^^January p.

203.13,5'*1.3

5. ISO.

5

811.7629.2712.7

1,030.6967.8668. S

709.0657.7

1,252.2

11511.6

6U2.7l.">'

61

705.1

1,005.1*

lU.U613.1

2,951.8

270.221*1.6

290.3

310.3315.6287.5

301. u

289.2

336.7

"tzg.o

292.731s. 5

317-9

13.331*2-8

1,068.1*

99.1*

83-198.2

121.0122.998.8

103.0101.5ll*2.1

188.6lOlt.6

113.8

130.6

1*1 .U

S16.1*

1.695.2

157.2119.3133.8

215.6208.

3

128.0

I3U.I125.030l*.2

363.5123.0

135-7

208.2

1*0.7

61*1.6

997.6

100.568.575-0

152.2131*. 761*.

3

69.859.8197-2

206.552.1*

58.5

125-3

93.'*

1,127.1*

1,'»€7.5

ISU.I*

116.7115.3

231.5186.390.1

100.782.2272.0

26s.

70.0

78.5

223.5

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

7.1

17.336.1

33.338.1*

1*0.7

30.132.61*3.0

1*2.5

i*i*.o

26.9

29.1*

U5.61*5.2

31.6

6.5

9-713-1

12.213.213.8

11.712.7llt.g

l'*-5

15.'*

11.3

13.016.316.1

13.0

20.1*

23-120.7

19.1*

19.018.8

20.921.519.1

18.

9

19.02l*.3

25.019.119.3

20.7

20.018.112.2

12.1*

10.910.5

ll*.8

13-99.6

9-99-1

15.8

ll*.2

8.1

8.3

12.5

1*6.0

31.817-9

22.718.516.2

22.519.313.5

lU.212.521.7

18.1*

10.911.1

22 -B

191*1 1/191*2 2/19'»3

19l*3-January. .

.

February.

.

March

AprilMayJune

JulyAu^et. . .

.

September.

October. .

.

NoTember .

.

December .

.

19l*l*-January p.

75-01*37-07i*6.9

75-650.91*3-7

120.8

71.93l*.6

35-626.8

11*3.0

90.022.7

21.5

127.8

1-33-9

-3

-3

.3

.5

.6

.1*

.2

.2

.6

.1*

• 919.32l*.l

2.1

1.91.6

2.8

2.91.5

2.127-1*

39.6

3.22.7

2.5

5."''-7

2.2

2.21-97-8

6.2l-S

1.6

3-3

lU.2123-7205.7

16.312.1*

11-7

32.1*

23-211.0

ll.U

9.31*7-5

29-78.1*

7.6

18.0

13.692.0167.3

11*.

8

10.1

9.5

29.517.28-9

8.56.2

37.2

IS.

9

lt.8

"-5

17-8

1*1*.

2

173."*

306.5

38.823.618.1

50.323.1*

10.7

12.08.1

U6.1

30.76.36.1*

86.2

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100,0100.0100.0

100.0

.1*

.8

1.0

.7

.7

.u

•9

1.31.1*

• 3

1.2U.l*

3.2

2.73-7

3-7

2.31*.0

1*.2

3.1*

3.92.7

1*.2

5.35-2

1.6

2.86.3

5-3

i*.3

5.6

6.66.3

6.27-25.t

6.8

7.8

7.5

2.6

18.

9

28.327.6

21.521*.

3

26.7

26.832.231.9

32.131*.

8

33.3

33.037-135-2

lU.i

18.221.022.1*

19.619.821.8

21*.

U

23.925-6

23.823.026.0

21.021.021.0

13.9

58.939.71*1.0

^1.1*

"6-3"1.5

1*1.6

32-531-0

33.830.1*

32.2

3'*.i

27.529.7

67.5

19U1 1/191*2

19'»3

19l*3-January.

.

February.March. . .

.

April.May...June.

.

JulyAu^et ....

September.

October.

.

November

.

December

.

19ltl»_January p.

1*51.1*

2,027.82,750.1

206.U181.2

393-8219.81U2.2

161.8109.1

395-7

257-3110.291*.

2

500.6

5.250.680.6

7.1*

5.5

12.29.S5.0

V.17.7

11*.

1

i».7

U.l*

12.2112.7187.2

19-112.513.0

30.

u

21.612.1

lU.210.2

39.5

28.1*

11.2

9.3

11.3 28.

7

90.7576.0800.2

80.15t.l

55.2

126.779.1U9.I*

60.11*1.3

153.1

100.51*1*.

6

37-2

102.6

so.

9

524. U

52.53I..I

32.6

82.31*1*. I*

30.1

3t-722.887.

6

50.521.118.

3

61*.

5

262.1*

885.01,157-7

186.

7

100.371*.

9

11*2.2

65.1U5.5

U7.I*

30.1*

97.7

63.928.625.0

293.

U

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0?00.0

100.0

1.2

2-52.9

2.12.63.1

li3.5

3.3u.l'*.5

U.7

2-3

2.75.66.8

5.56.17.2

7.79.88.5

8.7

9.310.0

11.010.1

9.9

5-7

20.128 .U

29.1

23.226.230.

U

32.236.03U.8

37-237.838-7

39-1U0.5

39.5

20.5

17.919.919.1

15.216.518.0

20.920.221.2

21.520.922.1

19.619-119.

u

12.9

58.1U3.6U2.1

5U.0Us.

6

Ul.3

36.129.632.0

29-327.92U.7

2U.826.026.5

58.6

Source; Heporta of grOGS sales,

p Preliminary,r Bevlaed.

1/ Sales of Series 2, F. and bonds commenced May 1, 19Ul.

2/ Sale of $25 denomination Series F bonds began in Janiiary I9U2.

36 Ireasury nulletin


Table 3.- Sales Reported by Series, Classified by States

FAJ^T k - SERIES E

(In thou««iidt of dollRrt at lain* prlcae)

nwkl yaar

19U8 19U3

I9H3

Ikr. «pr. •tay J<ll7 S«pt. Oct. loT. Dae.

19>tb

AlabuaArlioOAArkaiiaaf

CaliforniaColoradoCoBsactlc«t

DolawaraDiot. of ColnaMariorlda

OaorclaIdahollllBOlt

XndlaaaIowalanaaa

laatnckyLoulalanaMalD*

HanrlaadKataacbutetta. . .

.

Klehigaa

KlfmaaotaMlailatlpFlMlaiourl

MontanalebraakaHavada

lew BaBpahlre. . .

.

Vev JerseyHew Mexico

Vev TorkKorth Carolina...Sortb Dakota

OhioCklaboaaOregon

PennaylTanlaBhode I alandSouth Carolina...

South DakotaTenneaaeeTezaa

UtahTenontTlrglnla

VaablngtonVeit TlrglnlaVlaconalnvyoaln<

UaakaCanal ZoneBavallPuerto RicoTlrgln IslandOther poasesalona

Unallocated

Total

28.996

2l!«0U

z«o.59z

7.6293't.827

39.565

35.6U29,8Uo

2*2.055

76.66169.55835.310

3';. 29336,80017.71*6

"•9.009

lUl.217160.150

71.18122,9739U,g00

17.71026.0U5U,3Uo

11,760160,5386,978

587. 2U9112,297

II.39U

190,2623lt,U82

37.39U

281,7822U,29318.782

11.78336.736

126,056

9.9197,550

56.272

57.96227.6Jt2

77,6657.066

2.959315

15.8371,726

91lU

l,'i72

91,27227.8l»6

52,76U

638.87762,132168,258

21.82U83,1U3e9.>t9b

git. 52''

27,8^5575.056

213. 813176,508106.190

87,6079>t.910

37,361

108,60U280,091U81,637

179.10852.870195,868

39. '•32

72.211u,i466

25.787303.80717.28U

991.988113,8693».3''9

506. 36U82.1U3

107, 67U

626,05153.71M5

53,Uoi

33.171100,530306,265

33, Jl"?

ll»,175

1U5,U59

163. 92U6U,583

172,65017.313

7.397U.33g61,0665. '•22

203

63,62U

8,7782.77"»

6,020

63. 8196,U7g

17, 2W)

1,8728,0999.160

10.3082,6l«)

5'«.882

21.56018,2889.017

8,9389,152"•,U27

10,U7229.8UUU3,U19

16.2795.396

18.957

^,0536.5651,113

2.3163O,0U7l,7Ul

102, 72U12.7U2U.260

50.lt9U

10,7'*2

10,550

59.0595,0205.122

2.76510,95628,853

3.7161,52715.756

16,2397.19216.0031,79&

556627

5.1'i7

U93

5.671

3,5'«1.323 8,180,538 811, 70U

7.2072,100lt,U52

51.828"•.995

10,868

,U96

,667

,126

,303591.

UU,662

17.88512.U26

8,320

7.6ho6,9702,Ui6

8,78219.83638.13k

12,712U,223

It, 333

2.7865,586

880

2,13622.070.1,552

72.5508,7193, '•71

39.38U6,9177. '•99

U9,62>t

3.019It, 066

2, 1*52

7,83323,00U

2,851986

11,302

12,lU55,22013,3051,326

U3I613

5,32258223

5,633

7,6972.U72'1,005

56.51U5,086

ll»,570

1,6927,2527,860

8.2332.266

53.559

19.69618.27010,681

8,169

3-339

9.20223.953"•8,697

13,UUgU.129

15.715

2,8076,616

893

2,3'«27.6U7

1,370

82.5839,OU92,156

Ul,2026,U719,280

51.7625.'i6U

'•.U87

2.9057.922

26,963

3,0681,159

12,U93

l't.965

6.37713,2'^1

1.388

'•,076

1.29318

7.6U9

13.5223.9767.729

75.7039.101

15.8^3

2,2309.293

12,'Ut5

12,1253.863

66.607

25.76U

23.97516,650

13.22'»

13.697'•.'•"•C

12,8U729.'»5'»

69. '•73

3U,6299.376

29,260

8,08111.3821.290

2.61232,0382.569

105,581I3.3'i56,l^65

67,06510,96313.055

7'*.7'^3

5.5556.677

8,361

13.059U5,901

U,69U1,U9U

16, SOU

18,6307.163

25.5612,511

1,007600

'•.635

32120

3.167

11.1063.7605.7'^3

82.7357.517

17.866

2.23610,87011,)|01

10.2563. '•38

62.606

23,80117.81513.827

10.13012, '•23

••,193

12.91130,7U5

55.513

21.2355.503

2U,831

3.35910.9131,612

2,80636.9022,036

11U,815io.9>te

2,977

63,6829.5I8

15. '•73

6,073

3.13611,00s37.823

l».521

1.85016.333

21 , 738

7.15119.6572.392

59062U

3.67337U16

13.563

6,191

2.2333.609

59,222'•,113

l*.t73

1.6928,3l>^

8.0U7

1.751IA.265

17. '•72

12, '•SS7.60I.

6,6067,23U2,87'>

10,9232U,718l«),537

11.5953.18li

16,675

2,361U,907

7l«

1.97825. 39'*

1,251

7U,1088. 2051,651

1<0,6U8

5. '•78

10,091

'•,015

1,9607.708

2l^,8U8

2,9921,089

11,910

1U,319

5,09012,9861,107

601

30315

17, '•'»9

7,7282,U503. '•31

62.525U.911

12.9'tl

1,52'*

9.6098,702

7,670l,7't9

U7,266

19.87913.96U7. '•35

7.2827.elt7

2,672

9,186

39i2l

12.2223.252

15.139

2,1895.832

783

1.96026,5U9

1.350

80,8388.1661.9'^7

U3,6U16.U39

9,983

51.730

11^

2,2317,689

25.653

3.1361,100

11,186

15.7825,37U

lU,8U7l.l«8

557623

u.ooo

29618

32.907

6.3952,17«

3.5^7

61.392U,136

12.105

1,5968,8568,268

7.53'^

l.>^97

'•3.125

18. 65312,>I02

7,602

7,2797.7322,710

8,33223.3l'6

37.538

10,0573.2l»9

lit, 112

1,88'^

5.728576

2.21123,2'i6

1,273

69.3637.9131.5'«

U3.56U

6.3859,239

50,2663,760&.536

1.7137,821

22,33'*

3.5721,03U12,126

15,U835.1I9U

11.8901.132

526i|88

3.79538319

2U.773

629,206 712.666 1,030,582 967.762 668,769 709.012 657,706

15.6005.1009,800

88, Moo11.30021,500

3.500lO.IWO13,000

l'^,900

>*,500

77.800

3U,90035.90020.800

15.00018,8005.500

16,20035.60075.100

39,6001U,100

35.100

9,20013,3001,800

2,800••0,300

3.500

135.10018,2008,300

72,90015.60015,600

92."WO6,2008,800

9.20016.60065.200

5,5002,00017,600

22.'«)0

9,10028,5002,100

500787

5.7385'^6

37

1,252,208

17,1715.23*8.817

123. 72"*

12,U2725,0ft

3.15517.11318

.361

I8.8U9

6,2968U,909

35.66633.05121.U97

7,iai9

2.0923.675

56.0U9

5,02811, '•29

1.56311,0U9

6.699

8,6661.6U3

U5,U79

18.79310,570

16,5011 5.g5l^

17, '•38' 7.2698,325 3.595

17, '•27

52,61696,003

29.6^59.158

3'*. 336

7.09022.^15l.l'95

5.018"•9.899

3.523

158. '•07

18,751

9,325

9.01523. '•67

U0.U69

12,0953.153

15.536

2,0l*6

5,050693

2,0122U,31U

1.336

65.5378.1382,656

85.682 '•'•.309

18,575 6,6082lt,86lt 9

102,5208.16U

10,170

7.21221,1U959.78U

8.57'^2,8l^U

23.557

36,oUi10.00535.52U3.91"t

9'«522

3.916

221

l.i*5l^.630

283

52.5233.506"•,231

2,008

7,36523.792

3.I9U1,OUO

11,090

15.3335.236

13,0861,181

2gU

1*98

"*.862

u3.223

187

7.3312.0123.903

56.9995,121

11,662

1.8028,5168,067

9.0511,979

50,733

21.58512,1*27

7.015

8,060

7.3512,8ll«

11.25021.771"•0,9l^0

12,0lJl

3,57116,519

2,1995,281639

l,761t

28,307l.'t65

8U,6lU6.9682.170

52,651*

7.6729.286

56,1563.698'•.217

1.9627.991

26,190

3,522862

13.53"^

17.0796.3O8

13.7"«1.329

5U1

5.9'i^

"•,386

61

6»^2.702 705,073

(Continued on following pa^e)

February 1944 37


Table 3.- Sales Reported by Series, Classified Dy States

PART B - SERIES F AMD COMBINED

(In thousande of dollarB at Iseue prices)

Tlflcal year

igUg \^l

I9U3

Jan. Telj. Mar. Apr. Hay Jane July Aug. Sept. Oct. Bov

19"*

Jan.

P

Alatoana.

.

Arizona.

.

Arlcansae

.

California.

.

Colorado. . .

.

Connecticut.

Delawaremet. of ColumbiaJlorlda

Oeorgla.

.

IdahoIllinois.

Indiana.

Iowa. . .

.

Eansaa.

.

Kentuclcy.

.

JiOulelana.

Maine

MarylandM^3sachusetts

.

Michigan

Minnesota. ,

.

Mississippi.Missouri

Montana.

.

Hfibraaka.

Nevada. .

.

Pev Hampshire.Hew Jersey . . .

.

Hew Mexico. . .

.

Jew TorkNorth Oarolina.North Dakota. .

.

OhioOklahoma.Oregon. .

.

PennsylTania,Bhods Island.South Carolinj

South Dakota.Tennessee. . .

.

Texae

Utahformont .

.

Tlrglnla.

WashingtonWest Tlrglnla. .

.

WleoonslnWyoming

Alaska ,

Canal ZoneHawaii ^Puerto RicoTlrgin Islan(fLS,

.

Other possestjions

Unallocated

.

Total

13.099"•.232

13.738

lU0,60£

18,30259.89"*

U.91023.2't7

22,219

17.9827.339

202, 0«1

1*5,123

30,676ll*,Ug6

2"»,5i6

21,65116,570

1*0,093

iWi.iM65,oUo

1*9,069

10,06168.651

6,322ll*,132

2.31*9

11.090

93.3999. 031*

580,1*33

26,071*

7.515

119,09816,58722,095

21*3,285

2g,06U9.'*59

3,07718,Ugl5"*. 196

5.0195.8U2

2g.0lU

25,89811.7801*2.205

3,690

73650i*

5.8821*72

26

507

l*,768

32.0078,1*21

16,578

-'2lt,ll*5

29,71*6

81.128

12,326

33,75736,705

37.8318.031

272,112

79.52'*

71.1*32

31*. 897

'3.755l*lt,l*6l

20,2l»5

511,252

171*. 999106,363

69.69221.81281*. 266

10.52930,1*11*

l»,l*ltl

li*,'*03

118,7617.025

627,986lt*t,65U

10.937

203,82725.09532,892

297.1*30

30,1*21*

21.712

10,1*16

39.11*0

110,993

7.1*71*

7,501*

53.701

1*9.753

17,90586.3366.010

1.297l,S*3

17.3673,010

1

28

5,181

3.1*51*

I.2U6

1,61*9

30,03U

3.0799.371

1.0833.1*55

3.681

3.9681.278

39.675

11.0018.7833.222

5.311*

3.W*6

3.315

8,03825.79713,21*3

8,726

2.5559.297

97I*

3. 871*

928

2,85712,310

72.51*0

''.957

1.775

25,1203.1763.211*

31.7582,801*

2,132

920

3,81?11.321*

8361.3036,1*98

6,0022,1*1*7

11,00971*7

11*3

1911,1*1*2

9621

51*

1.387751

1,200

19.1212,21*8

7,038

8012,81*1

2,339

3.371*61I*

16. 076

5,0805,1*08

It, 109

5.0392,56U1,71*0

3.87215.121*

7.1*52

5.3531.2315.72U

7552,367

397

1.1777,118

667

1*2,816

2,1*67

9U1

lit, 8661,1*6*1

1,891

17.9997.1151.817

5672.7167.81*2

6371*63

3.671*

3.8911,1*02

6,608

323

lOl*

961.585

262

332

1.592512708

17.6161.6266,219

9032.7212,381*

2,083798

21.319

U,6l9

7,5932.533

1.6902.9701,261

2,92811,6636.361

i*.031

1.279'*.963

7293.316

271

309865216

38.3173.167

1*16

10,6621.1371,186

17,9181.2971.1*77

8O7,376,H56

1*18

55^2.875

3.235962

5.58721*2

1111*98

761

312

7.2821.1*50

1*.127

32.1*78

1*.639

8.196

1,621*it,79l*

6,973

7,001991*

33.35^

12.11*1*

10,807l*.995

7.7699.7101.761*

7.21*1*

l'*.a7

19.255

10.922

5.199ll*.572

2,5883.935

1*1*9

l,06l15.316

999

82.8367.1711.387

1*1,291*

3.S76

3. 805

1*1*. 7052.79^3.32"*

2,1*56

8,5il6

21,676

1,588668

8,095

7,1392,01*7

13,019702

118

325922236

1.396

90?85^

23.0013.1*85

11,1*96

816't.707

2.651*

1,73'*

95223,581*

6,8196,6103,607

1.801*

3.11*3

2,1*19

1*,209

17.7727.73"*

7.5991.3517.225

U671*.268

1*37

10,1*92

867

1*3.5321*,221

1,16s

8,1*1*6

2,689

3.791

21.7282,2132,209

1,11*6

1,1*20

9.533

653709

5.263

6,11*4

1,3678,9961,117

152

3031.356

51

28

2U5

1.2511*U0

779

12.1961.632

3.996

91s

1.1332.208

1.961

32713,01*5

1*,UB2l*,327

1,61*1

2,71*9

1,7851,032

2,6387,Ug9

5.090

3.21*0

81*5

5.11*0

1*35

1.570182

71*7

6.551*

285

28.1*66

2,2261*¥*

10,5281,231

1.555

15.71*3

1.3581,1*78

391*

2,l»6l

5.172

3t7603

2.960

2,92351.3

i*,g63

235

15686

2,271

157

220

1.539532

1,082

19.9151,1*88

2.575

1.0631.5952.792

3-. 17031*9

15,256

6,1295.0312.290

2.880

2.533592

3.025l*.575

5.110

3.6991.0935.1*80

1*33

2.1*3?Igl*

'*75

6,1*23

592

28.7532.651

U9I*

13.1001.7I81.589

17,123800

1,359

607

2,7706,133

61<1*

3093,11*0

3,151*

1,281*

5.U92

315

65

1351.050

31*2

38

?1240551*2

16.099977

U,018

1*10

1,01*1

1.591*

1,51822l*

10,068

3.3793.3601.076

1,91*1

1.330950

1,91*0

6,6221*,290

1,81*7

5153.615

1771,120

228

779i*,si7

360

18,9711.526

511

8,166880

1.55"*

10.3351.362

696

3021.51*1

3.1*36

1*1*8

520

1.925

2,291698

3,1*92

198

8U1*1*

569197

13

6,7001,8001*,1*00

1*0,200

6,1007,100

1,1*00

5,3005,800

6.7001.300

30,700

il.70013.8007.100

7,9009,6002,100

8,900ll*,l*00

20.800

12,1*00

5.?0013,1*00

3.1006,100900

90016, goo

1,200

75.0009,0002,1*00

3l*,300

5.1006,000

1*6,300

2,3001*,200

2,1*00

7.30026,500

1,900500

11,100

11,0003,300

ll*,000

800

100263100

2/

300

3.607772

1.398

2l»,96l*

2,911*

6,68U

1,0202,3261*,222

l*,390

1,01128,521*

9.59326,l*it3

U,79U

2,9693,ll*0

2,1*70

3.62616.35711.792

,306

,399,91*1

,11*7

,357198

2, 1*61*, 772 3.'*96,973 1*21,501* 257,317 221*, 868 5li».6io 291.739 176.81*8 197.1*05 135. 908 538.663

1.71012.662

77U

1*8,351*

3.0931.575

16,802

3. 261*

2.723

23.lgl*

2.1*50

2.105

1.6933.860

lO.lOU

6511.1913.119

6,017l,63g

11,91*7

716

16315I*

2,790180

1

31*7.288

66621*9

Wt3

U.765979

2,726

5811,0211,701

2,325292-

10.535

It. 311

3.0021.596

2.3521.1*31

1.099

2.6127.55I*

1*,300

2,286660

3.539

3911.058

69

5595.099

158

16.7351.693

61*5

8.935851

955

10.2331.07g1,031*

51U

1,5562,g50

2g01*09

2,297

1.831

?85

291

72

553011*06

31

27

132.912

1.095370355

9.2571.0391.876

U221.1*15

1.615

1.916282

5.232

1.61*1

1,5601.380

82?1.064

897

2.762

5.5733.362

2.26751*6

2.71*6

29992ggo

1*26

'*.053

lOl*

17.921*

1.5321*27

g.U321.1*23

1,026

10,21*0

65672U

311*

l,g3'*

3.955

2g7

2732.957

2.130I.05I*

3.61I*

11*5

lUi226666leu1221*1*

18

5.1231.0053.923

36,7975,201

15,366

l,6ai*

5.2555.791

'*.'*53

1.5551*2.353

17.1*1*7

16,91*5

7,61*6

10,1*70

5.3547.152

9. 391*

38.19918. 602

23.51*7

1».375

17,584

1*,202

5.327816

3.79720,986

923

80,655g.3973.989

1*2.117

U.U7I*

l*,9l*9

52,6603,9003.8O6

2,8066,528

16, 01*2

2,1*33

2,7619,663

9,301l*,335

21*. 881

1,274

195153

1.157U7I*

9970

13

115.752 628,31*7

Source: Aeport of gross aalea.

p Preliminary,r Revised.• Less than $500.

1/ Unallocated amounts for prior months Included chiefly sales to the

armed forces. Beginning in September 19l*3 these sales are allocatedon a State basis.

2/ Included in "Other possessions".

38 Trcnsurii BuUctin

Participation In Payroll Savings Plans For War Savings Bonds-l'

Table 1.- Number of Firms and Number of Persons Participating In Payroll Savings Plans

February 1944 39

Sales of Treasury Savings Notes

^

Table !•- Suninary of Sales and Redeicptlons, by Series

(Far Tsloet - In aillloai of dollars)

Tlecal Tearor Bonth

iaoontOQtitandlne

end offieeal yearor Bonth

1/

daringfiscal 7»aror Botttb

BsdeBptlona and exctuu^t

BaoelTedIn payvantof taxea

Badaenedfor easb

Cxcfcangad

farnav aarlaa

19112.

I9U3.

19lt3-Janiiia7.

.

Tebmaxy.March

April.May...Jtine.

.

JnlyAu^flt. . .

.

Septambar.

Octobar.

.

Horembar.Dacambar

.

ISUlKTamuUT.

I9U2.

19^3-

19ltJ-Jamar7..February.March

^ril.May...Jona.

.

JulyAngiiat....

Saptambar

.

October .

.

KoTembar.December

.

19U4-jBiinary.

19112.

I9U3.

February.March

April.

May...Jona.

.

JulyAs«a8t ....

September.

October.

.

KoTeaber.December.

19UWaimar7.

3.OIU.57.'*95.''

6.7U8.S7.12'».7

6.3U5.6

7.782-58,162.97.'»95.'t

7.677.97.76U.3

8,876.1*

9.132-99.301.98.599.3

9,502.9

201U.5.>t80.9

-t-36lt.8

+375.9-779-1

+1,1*36.9+380.1*

-667.5

+182.5+86.1*

+1.112.1

+256.1*

+169.0-702.6

+903.7

1*.138.9

8.758.5

1*52.9

U56.61*1*6.8

1.632.91*82.2

1*68.1

uiu.o213.5

2,260.0

1*60.7

330.2U36.8

1.216.1

l,12l*.l*

U,277.6

88.180.7

1.225.9

196.0101.8

1,135.6

231.5127.1

1.11*7.9

201*.

2

161.

2

1.139.5

312.5

1.103.7l»,09«.l*

86.U

78.81.2ll*.l

176.697.0

1.119.8

21U.1*

99.21.111.9

181.6121.9

1.068.3

275 -l*

Series A }/

160.

2

5U.8266.7

»*0 Treasurii Bulletin

Sales of Treasury Savings Notes^- (Continued)

Table I.- Sunnary of Sales and Redemptions, by Series - (Continued)

(Par Tmlm* - in millions of dollnrn)

riionl jronr

or Bonth

laonntontstandlnc

and offtaoAl J*Tor Bonth

3/

Vat ehna^dorlDf

flacal 7a*ror BOBtb

Salaa

Radaaptlona and arnhan^a

BaoalradIn piTBaniof tazsi

Badeeaadfor oaah

Kxchaafadfor

na» aarlaa

aarlaa j/

19hJ.

fabroBTT.

lUroh

Hrll.

Hay...

Jona..

July

Anc^at ....

Saptaa^r.

Oetobar.

.

loToBbar.

Dacaabar.

19>tl»-ja>nai7.

6.liA.0

9.233.0

«£.U£U.O

U.075.2

February 1944 (ii

Sales of Treasury Savings Notes - (Continued)

Table 2.- Sales of Series C Notes, Classified by Denoailnation^

_ .

.

riical 7»«ror ffloath

^2 Treasury Bulletin

Sales of United States Savings Stamps

Table 1.- Sumary of Sales and Redenrptlons

(la Ihotuaodt at dollars}

nteal 7«aror Bonth

Aaoimtotttatndlac

•nd of

flvflftl 7*aror Bonth 1/

Vet chaa^durlac

flioal 7«*ror aonth l/

8al»>

1/

ladaaptltna

Total

1/

Xxehaac«d forOtltod Statot

•ATlBfOkOBdl 1/

Cuh

Poroontaco dlitrlbutlonof rodmiptlona

Total

xoJ&aB^vd forOaltad 9tatai

•arlDobond! 2/

Caah

2/

19^1 J/ -

I9UJtat. 19>>l-'>ttiw 19l«8.

igUj-Jaauary .

.

Twiramrj

.

March

April.

Xar •

Jma. .

JulyAo^tt ....

Septaabar.

Octobar.

.

VoTsabar

.

Deceabar.

19»llt-januar7.

5. ask

166, 3lH

213.350

zaU.goia2U.356226,216

227 , 98922U,7n213.350

207.27520l».15g

201.1*53

197,9'»2202, U15203,0ft

aoU,9o6

•^.i'»3

»l6l.olt«

^.620 6/ 2/

»3.56l

-1.1061/1.671 1/

l.T/l* 2/-3.218

-ll.lt21

-6,075-3.117-2.705

-3.511".'•73

+6U9

+1.8U2

6,087

308,621

590.268 1/

66.2675^.667 2/'19.630 2/

11*. 791 2/ucow52.683

30.77029.31328.600

35.1162

39.565''3.585

37.151

9I.3

117. 57I

5lA,6l>7

62,706

55.77317.958

13. 01810.267A.IOU

36.8U532.13031.306

38.97335.09112,937

35.610

I 1Î 127.918171.168

Slt,UU8

18.33910,650

37,50137.53051.391

31.37127.12727.098

32.77128.5I3

33.896

30.027

18.1685/70,1805/

8.2587.1317.309

5.5175.7379.711

5.1715.O0I1.207

6,2026,5189,0l0

5.582

100.0100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0

87.187.1

86.886.781.8

86.781.

8

86.6

81.1

81.

3

78.9

81.

3

12.e'5/

12.9 5/

13.213.315.2

12.8

13-315.2

11.

9

15.113.1

15.918.721.1

15-7

Soorca: Ikallj Traaanry Stataaaata coaaanol&c loTaabar 1, I9I2; priortharato. Pott Offiea Dopartaant

.

1/ Plgorai for parlodi prior to Soraabar 1. 19I2 ara sot atrlotlycoaparabla vlth •abaaqaaat data baoanaa of tha ihlft to a SallyTraatary Stattaent baali. Staapi lold prior to Ootobor 1. 19I2vara known aa poatal aarlnî ataipa and vara obllgatlono of thaPoatal SaTlnâ Syataa but aubaaquantly baoana public dabt obll-gatlona.

2/ Eatlaatad on tha baala of aaaplea conductad by tha Foat CfflcaDepartaant

.

2/ Salaa and radaaptlont ccaaiua with May 1, I9II whan tha apaelal

dafanaa aarlaa of rtaapa want on aala. Tha aaouat of tha old aarlaa ofpoatal aarlnâ ataapa outatandln^ on April 30. 19I1 vaa $150 thouaanda.Satalla not aTallabla for May. Juna. and July 19II.

Includaa alnor aaounta which wora axchanâd for poatal aarlnca oartlfl-eataa. Thaaa a^gragated $123 thouaanda for tha period Au£uat 1. I9I1

throu^ Juna 30, 19I2 and t55 thouaanda for tha parlod July 1, I9I2through October 31, 19I2.

Net of aalea lata radaaptlona. See footnote 1/.Doea not Include aaounta traneferred froa Poatal Sawing Syatea to tha

Traaaury to cower outatandlns at^pa.

Table 2.- Sales, ClasBlfled by Oenomlnatlon

Tlacal yearor BODtb

Salaa In thouaanda of dollara

Totalall

danoalnatloaa

DanoBlnation

10^ 25^ 50^ $1.00 $5-00

Parcantace dlatrlbutlon of aalaa

Totalall

daaoBlnatloaa

Daaoalnation

10^ 25l« 50^ »i.oo $5.00

19I1.

1912.

1913.

1913-January . .

.

fabruary.

.

Maroh

April.

May...Juna.

.

JulyAn<uet ....

Sapteabar.

October.

.

loreabar

.

Oaceabar.

I9UU.jBoary

.

6,087308.621590.268

66.26751.66719.630

11,79110,0>»8

52.68J

30.77029.31328.600

35.16239.56513.585

37.151

10067. 166

126.327

15.99312,77112,290

11,281

9.7*10.531

5.1625.1096,561

9,10610,11311.235

11.150

2,691167.709313.691

31.20928,51U

25.576

23,l9»

20,98328,257

15.78315.36115.053

17.I9I

20,33022,129

19.072

1.01228,6l152.508

5.1921.566U.OOl

3.5913.358

2,9902,8032,110

2,5562,9873.187

2,511

1,13031.58371.693

7.7986.1055.652

6.8O3

1,1251,1903.382

5.038

3.185

85113.2SO',0l826

3.0752,1122,110

1,6651,1292,151

2,1101.5501.192

2,708

1.3591,997

1,203

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0100,0

100.0100.0100.0

100.0

6.621.921.1

21.123.121.8

25.221.220.0

17.718.1

23.0

25-726.125.8

29.8

11.251.

3

53.1

51.652.251.5

51.752.153.6

51.352.552.6

19.351.150.8

50.9

16.69.38.9

7.38.38.1

8.08.19.1

7.27.6

7.3

6.8

18.610.212.2

11.811.711.1

11.111.112.9

11.

1

11.311.8

10.211.211.5

9.

J

II.O

1.71.11.2

li

6.9

5.31.2

'7.6

Vs

3.

a

Soorco; (1) Total aaltt; Dallj Traaaur/ Statoaanta ooaaanolncloTaabor 1, 19U2; prior tharoto Pott Office >part««nt:(2) DlttrlbntlOD bj daaoalnatlona: Baaad upon Poat OfflcaSapartaaat data.

February 194-i ^i

Sales of United States Savings Stamps - (Continued)

Table 3.- Sales by States

(In thouaands of dollars)

Fiscal 7ear

19U2 1943

19»*3

May July Aug. Sept. Not.

P

Dec.

P

I9W1

Jpji.

P

Alabsaa.

.

Arizona.

.

Arkansas

.

CaliforniaColoradoConnecticut

DelawareDiet, of ColumbiaFlorida

QeorglaIdahoIlllnola

Indiana.towa. . .

.

Kentucky.

.

Louisiana.Maine

MarylandMassachusetts.Michigan

Minnesota. .

.

Mississippi.Missouri . . .

.

Montana.

.

Nebraska.Nevada. .

.

New Hampshire.New Jersey. . .

.

New Mexico. . .

.

New YorkNorth Carolina.North Dakota. .

.

OhioOklahoma.Oregon . .

.

Pennsylvania. .

.

Rhode Island. .

.

South Carolina.

South Dakota.

Tennessee. . .

.

Texas

UtahVermont. .

Virginia.

WashingtonWest VirginiaWisconsin.Wyoming

AlaskaHawal 1

Puerto RicoOther possessions

Adjustment to

Dally TreasuryStatement

2.3't3-7

83U.8\.s^h.^

20,132.62,080.37,707."*

71U.2

6,100.1

3.705.9

3.175.58>H.O

23,612.9

7,516-9"t. 575.82.532.9

3.036.23, 1128.

1.725-5

5.785-2ll»,Ui3.6

13.721.6

H. 037-7I.5O8.87.326.U

1.030.72.371.8

381.1*

1,150.813.313.7

720.3

53.060.73.089-7

801.2

18.269.52.U89.1

2.739-3

27.075-33,087.61,US8.2

832.22,952.811,520.8

963. U

705 -Slt.051.8

3.909.22,'t'*9.7

5.728.3"93 -6

66.11,238-7

166.8-7

>*, 215.11,765-82.970-7

39.726.1'•,083.1

1"*. 375-6

1,298.65.591.76,188.3

5.621.2i.'*05.5

39.970.3

li*, 176.it

9,010.35.576.8

5,1*27,6

6, 111*.

6

3.619.1*

9.211.327,025.926.161.1

7.961.53,082.6

ll*,223.5

l,87lt.O

1*, 531-1678.lt

2,276.523,206.81,252.8

106,793.26,791.61.558.8

32,91*9.1*

lt,ltit2.0

5.323-1*

U9.U68.2

5.172.32,207.8

1,51*6.1

5.685.820,11*1.6

2,1*36.2

1,31*0.0

7,315-1

8, 121*.

7

l*,0ll*.2

12.535.01.018.8

190.2

2.339-3329-012.5

15,906.6

366.217U.9266.8

3. 621*.

3

376-71.255.6

119.21*98.5

586-3

503.1131.1

3.555-0

1.262.7736 -U

517-7

50U.6

551-7328-9

82l*.8

2,lt06.2

2.281.0

801.

9

267-31.281.1*

173.1*I116.7

51*.

3

203.02.071.5

131.2

8,705.6623.0150.6

3.076-21*22.1*

609.1

U,586.61*12.8

198-5

139-7516.1*

1,71*8.9

21*1*. 6

119.6707 -S

905.1*

380.91,15U.7

91.9

1I1.5

213-731.01-3

nit, 939.

6

352-1157-62U3.3

2.963.3357-8

1,089.8

98.3ltll2.9

531.5

1*79.3

138.93.203.7

1,150.6675-5502.7

1*36.1

511.3300.7

763-71.975.52.15lt.2

718.

3

235.81.219.8

156.1379-052.6

175-61,850.3

105.1*

8,019.8593-6139.7

2,850.9390.21*33-1

It, 020.

3

31*7-1

190.5

137.1*

'*38-7

1.702.1

2llt.0

107-5SOll.l

709.9355-0

1.123.6

11.0203.83i*-3

1.1*

+8.527.6

382.lt

158-7250.8

3,3itit.8

372-91,090.3

101.81*53-2

582.3

11911.5

125.9

3.593-9

1,222.3720.651*5-0

1*63-9

562.9309-8

787-92,297-1*

2,237.1

692.121*2.5

1,235.'*

161.0

375-657.6

17U.22,001.2

105.5

5.793-1631.8126.5

2,882.0388.21*65.0

It. 286.

8

391.1*

202.0

11*9.9

1*51*.

1,686.9

222.7108.8671.6

672.0

379-31,151.1*

105.6

2lt.O

21*9-3

37-1*

1.8

-<-ltOlt.8

39U.9

190.2271.9

3,1*86.1*

371*. 6

1,083.3

132.31*89.7

613.8

1*58.6

127.63,101.1

1,213.2858.5630.lt

1*80.0

598.lt

330.2

8lt0.2

2,575-62,lt96.8

817.221t9.lt

1.353.1*

170.0

395-351*.

180.82,057.2

117.1

8.939-1*

625.6167.5

2,922.01*58.6

531.2

U,566.31*39-2

217-9

155.61*62.3

1,916.1*

283-3116.1

737.0

735-5368 -1*

1.199.9111.1*

30.5253. U

33-5

-6.622.5

296.9115.1*

193."*

3,256.629U.9

1,013.3

85.2lt21.lt

lt9lt.8

lt22.1

87.22,833.U

1.038.36112.31*11*. it

387-5133.6297.5

727-2125.9.931.9

55l*.8

185.11.030.6

125.0312.21*9.2

170.11.760.3

31.1*

7.835.9U55.4

103. U

2,1*99.5

302.7369.0

3, 821*.

8

372151.7

101.1

359.6l,it¥l.7

lll5.2

100.0

559.1

609.2251.5

1.0311.5

70.1

15.6212.332.81.5

-2,585.8

Total. 308,621.3 590,267.5 66,267.1 5I*, 667.1 1*9,629.8 1*11,791.5 I10.0I18.2

218.6

79-1166.6

2,312.7216.5788.8

71-22911.8

365-0

306.66it.9

2,226.7

778.3511.1288.

U

302.2350.02llt.9

558.61,613.0

1.393.3

I03.71I0.2786.1

78.823ll.lt

31.6

126.61.I17.1

56.

U

6,61ilt.9

311.371.5

1.679-1252.528ll.lt

2.821.9292.1122.5

69.

U

2711.8

1,113-6

105.582.9

373.0

UOS.8

181.5657.553.9

9-1112.1

28.51-3

+20,2311.7

288.2

93.9198.6

2,190.5219-37I3-8

67.8293-1I03.2

327.26U.2

2.357.5

767-71.339-2

5I9.3

310.

7

356-0196.6

I99.61,380.01,237-7

507-0156.1772-3

127.8281.115.5

118.01.152.5

59.6

5,110.7151.5101.2

l,8ll6.8

250.0I162.7

2,609.3251.9lll2.lt

102.2

309-51.177-9

128.082.7

629.2

U5I-I

225-376I.870.0

11.11028.71.2

-1.916.1*

2I1O.3

81.1125.0

1.819-91811.

1

571.1

57-6268.3

338-9

259.it

58.71.760.3

656.3712.9207-7

326-9103 -7

189-6

U75.it

1.280.11,223.9

II3.O

139.5718.

5

9I.3211.335.6

110.11,032.8

53.1

1,863.03U6.2

85.3

1,521.1223.3292.9

2.3SI1.0

250.7115.7

82.6265.0

1,027.8

108.

7

78.036I.3

359-6186.

7

629.812.0

9.768.027-61.0

+1,866.9

326.5113 -9

171.0

2,658.1331 -9

950.3

110.6368.2190-5

366.290.1

2,638.0

978.8730.7362.2

150.0126.22113.6

737-02,031.91.809.7

6lit.6

202.1

1.097.3

132.1*31I1.8

37-9

171.

6

1,650.677-1

7,170.1186.

9

95-1

2,271.3325-936I.6

3.797-83I2.2

177.6

109-3115-

1.37a.:

155-998.0

593-2

569.1266.0990.167.7

15.0190.13I-I

1.3

-12,033.6

333-0103-1162.5

2.578.9239-1906-6

93.7288.0

395-0

371 -6

85-52.135-2

913-8578.8365.1

101.2362.1228.3

662.31,9110.1

1,722.11

531 -9

169-51,006.6

97-9259.037.0

156.61.578.6

S6.3

6.117.21131.8

85-5

2.013.9251-931I.8

271.291.0

i52.lt

2,297.1216.08O9.6

80.226lt.9

336-7

317-285.1

2.173-0

292.1108.1II17.2

2.675.02ll8.U

862.3

87.13I8-5

393-3

317 -9

103.82,itoit.9

839. 7 926.1521.1 597.1310.6 338.1

120.7

339-1206.8

597 71.700.81.510.2

183.

7

113-1906.6

98.2213. U

29.2

126.31.631.0

73.1

5.831.1U16.8

93-8

1.930.7272.930U.6

3,366.5 3,115-7329-7 267-015I-I 132.2

103-5371-2

1.229.2

136.188.76I5-5

530.1260.0932.256.0

16.1208.111.

8

10.3

-I.39I-6

52,633.0 30,770.2 29,313.1 28,600.5 35.162.1

85-7309.1

1,105.0

I1I.I68.0

705-2

1*45.6

233-3822-556.0

9.6177-830.210.3

^5.711-3

39.56I-7

I6U.13I0.I221.9

6I12.2

1,816 6

1.687.5

531-3156.5917.7

117.0

273.7113.I1

1I3-9

1.507.780.2

6.1I18.8

109.

3

100.8

2,051.7259-9350-1

3.250,3310.6II5.8

95-0321.

5

1.211.1

I5I-883.0

191 -5

5I2.1

270.1903-160.2

15-3186.126.22.2

+7.339.2

13.585-1

381.51I7.5191 -6

2,991.0311-5

1.031.7

108.

3

362.3152.9

113.9136.3

2.693.

1.033-77U-9301-2

521.8I38.8

315.2

765 -7

2.o6g.i6

2.011.8

762.9202.3

I.O83.J

113.

3

307-8U6.9

179.11.776-1

108.1

6.281.9U85.2

138.2

2,ltltb.2

3II-9111. 6

3.980.1331-3185.

3

133.0116.

6

1,311.1

191.799-0

561.8

578.8326.9

1,082.783.2

12. It

227.1

27-92-3

-1,329 3

37,151-5

Source: (1) Total ealea: Bally TreaBury Statemente; (2) Sales 'bj States;Poet Office Bepartment

.

p Preliminary.

OWNERSHIP OF GOVERNMENT SECURITIES

-1^1^-

February 1944 ^5

Sumnary Distribution by Classes af fielders of Interest-Bearing Securities Issi^d

by United States GovernaiBnt and Guaranteed by United States

(la allllou of 4«ll«n)

lad of fiooal

fir or aoath


Summary Data from Treasury Survey of Ownership of Securities

Issued or Guaranteed by the United States, Deceaber 31, 1043

The following tables present summary data from the Treasury survey, as ofOeoember "il, 19'^3> °f t^« ownership of securities Issued or guaranteed by theUnited States. The large oomoerolal and sarlngs banks and Insurance oonpanleecovered In the survey account for approximately 95 percent of the holdings ofUnited States Government and Qovernment-guaranteed saourltles held by all banJcsand Insurance ooopanles In the United States.

Table I.- Analysis of Omership by Type of Security, by Call Classes,

and by Tax-Exempt Provisions

PART A - FAJR VALUES IM MUUONS OF DOLLAAS

Cluilfleatlon

Pkklle •rlntakl* lucrttt-baarlas Msnrltl*, 1/

Totdaotatout-

•tudlBC

B«ld t7 baak, and inMVimioa ooap«&l,tcorar«d Ib Traaaory avmj

Total

7. SOUInitl-

tutloiv.

e,7>«9 kanki

6.239

DialbiBka

510•avlBCtbaaka

i/

755 Inaormo* eeapanltt

20911 f«

invarano*eoapanl«i

5^6fira.

oaanaltrand aarlD*Ininrancaooapaalai

Bald bjtj. S.

Gorarnaanta^anclaa

and tmatfunda, andTadaralRaiarraBaaka 2J

Bald tgr

all

otharInTaatori

I. By typa of aacurlty

Sacurltlaa laanad bx Unltad Stataa

Traaaurr bill,

Cart ifIcataa of ladabtadaaaa

Traaaurjr aotaa

Traaaury bonda

Othar boada

Ouarantaad laauaa j*/

total

II. By call claaaaaDue or flrat becoBlnf eallablaWlthla 1 yaar

1 to 5 yaara

3 to 10 yaara

10 to i; yaara

15 to 20 yaara

Ovar 20 yaara

fadaral Baualac Adalalatratlon dabantviroa

Total

III. By tajt-ezanpt Ion proTlalooa

Wholly axaapt froa Fadaral Incoaa

ta»aa J/Partially aiaapt froa Tadaral laeoaa

taiaa 6/

Subjact to Tadaral laeoaa tazaa

Total

13.072

22.8U3

11.175

67.9W*

196

U,020

u.soo

13.277

7.8fe

''7.159

2.786

'.728

12,910

7,586

33.769

lU

2.50'»

'',716

12,68l«

7.383

28.099

lU

2,>t65

12

ai£

5.671•

39

72

36T

275

13.3«9

1

285

119.250 75.898 61. 511 55.360 6.19S 1U.3*(

'•2,8)1

22,9'tO

30,015

6,eui

6,'I8U

10,)17

22

21.9'H

17,007

22.315

''.306

'•,'•25

5,88l»

20

20.99''

15.332

18.857

2.n8l.'lOl

2,171

20,61t7

l'',706

16.2'<8

2.273

623

856

3''8

616

2,590

505

778

1.3U

<)k1

1.685

3.''77

1.528

3.02*1

3,713

12

119.250 75,898 61.511 55.360 6,151 l'),3li

2,128

27,326

89.796

505

18.893

56. '•99

"•Tl

15. 50*

"5.736

"•69

l't,>'96

'W.395

808

5.3*1

3*

3.5»9

10,76l»

119,250 75.898 61,511 55.360 6,152 l'>.386

68

160

l'»7

11.715•

12. S***

6e5

1,2*1

2,825

1,210

2.836

3.59*

12

12.3*2

2.5)5

9,80*

12,3*2

3

207

128

1,67*

•

31

2,0**

322

***

653

318

188

119

2.0**

1,05*

960

2,0**

6,788

2.517

731

5.173

3*

52*

15.767

9.998

1.875

1,*82

666

573

1.170

15.767

267

2.769

12.730

15.767

l.*8*

7,050

2,58)

15.613

1*7

709

27.586

10.891

*,058

6,218

1,669

l.*86

3,262

27,586

1,355

5.66)

20.567

27.586

(Coatlaaad oa folloviac pa^)

February 1944 ^7

Sumnary Data from Treasury Survey of Ownership of Securities

Issued or Guaranteed by the United States, December 31, 1943 - (Continued)

Table I.- Analysis of Ownership by Type of Security, by Call Classes,

and by Tax-Exemption Provisions - (Continued)

PART B - PERCENTAGE DISTRIBUTION BY CLASSES OF SECURITIES

T

ClaiBlflcatlon

By type of Becurlty

Securities Issued by United States

Treasury billsCertificates of Indebtedness

Treasury notes

Treasury bondsOther bonds

Ouaranteed issues |*/

Total

By call clasesDue or first becoming callable

Within 1 year1 to S years

5 to 10 years

10 to 1^ years

15 to 20 years

Over 30 yearsTederal Housing Adailnlstrfttlon debentures

Total

Public marketable Interest-bearing securities l/

Totalamountout-

standing

11.01^.2

9>57.0

3."

Held V banks SDd Insurance companlet

covered In Treaaury auryej

Total

7.5*lOBtl-

tutlona

6,7U9 Danka 755 Inauranco companlea

111. By tax-exenptlon previa lona

Wholly ejcenpt from Tederel Income taiea J/...Partially exempt from federal Income taxes 6/

Subject to federal Income taxes

1.8

22.9

75.3

100.0

6.317.510.

U

62.1

3.7

?5.9


Summary Data from Treasury Survey of Ornershlp of Securities


Table II.- Distribution of Ownership for Bach Issue Outstanding

PAHT A - PAH VALUES IN MILLIONS

February 1944 l^9

Sinimary Data from Treasury Survey of Ownership of Securities


Table II.- Distribution of Ownership for Each Issue Outstanding - (Continued)

PART A - PAR VALUES

bo Treasury Bulletin

Sunmary Data from Treasury Survey of Otmershlp of Securities

Issued or Guaranteed by the United States, Oeceaber 31, \943 - (Continued)

Table II.- Distribution of Onerehlp for Each Issue Outstanding - (Continued)

PART B - PERCENTAaE DISTRIBUTION BY OROUFS OF INVESTORS

Ia,o«. claaaiflad bytftx-axaaptlon proTlslon

February 1944 51

Sumnary Data from Treasury Survey of Omershlp of Securities

Issued or Guaranteed by the United States, [)ecenber 31, 1943 - (Continued)

Table II.- Distribution of Ownership for Each Issue Outstanding - (Continued)

PART B - PERCENTAGE DISTRIBUTION BY aROUPS OF INVESTORS-! Continued)

laeue, classified bytax-exemption provision

PRICES AND YIELDS OF GOVERNMENT SECURITIES(Including securities issued by Federal agencies)

-52-

February 194-f 53

Over-the-Ck)unter Closing Quotations on Public Marketable Securities Issued by the

United States Government and by Federal Agencies

January 31 , 1944

Table I.- Securities Issued or Guar£mteed by the United States Government

PA.RT A - TAXABLE BONDS, NOTES, AND CERTIFICATES

Amountout-stand-ing

(Mil-lions)

Deocrlptlon

Price data(Price decimals arethirty- seconds

)

ChangeIn

Beanfrom

Dec. 31,

I9M3

Tlcld data 1/

Yield

if

ChangeIn

yieldfrom

Eec.31iqU3

Matu-rityyield

Dateof

Issue

Price rangesince first traded 2/(Price decimals arethirty-seconds)

High

Price Date Price Date

19ll3-J»U price ran^e 2/(Price decimals arethirty-seconds)

High

Price Date Price Date

Issued hy U. S. GoTernBient

$1,1153,062l.OlU1.2922,098

1.963''.939

7.986510

1.02lt

1.5011,*92,1182,8313.762

3.8382.716

635

1.606

531503

3.2612,707

2,211

5.2511.6552.5l»5

U.122

3.5193.5IW

2*1-3/"*

2*as

2<

Treasury bonds- 3/l5/"8-50- 6/l5/"8- 6/15/U9-51

- 9/l5/"9-51- l2/l5/"9-51

H2*

2*

2*2-1/2*

2-1/"*2-1/^2-1/2*2-1/2*2-1/2*

2-1/2*2-l/«

3/15/50-529/15/50-529/15/51-5312/15/51-553/15/52-5'*

6/15/52-553/15/56-58 It/

6/15/62-67 1/12/15/63-68 176/l5/6"-69 5/

l2/15/6"-69 5/9/15/67-72 "/

Treasury notes

3/"* D - 9/15/"".9(* D - 3/l/"5 1/l-l/"«c- 3/l5/"5

3/"* . B - l2/l5/"51* A - 3/l5/"61-1/2* B - 12/l5/"6l-l/2*A- 9/l5/"7

Certificates ofIndebtedness 7/

7/8* A - 2/1/"" 8/

7/8* B -

7/8* C -

7/8* D -

7/S* I -

7/8* T -

7/8* a -

"/l/U"5/1/""8/1/""9/1/""10/1/""12/l/"lt

101.29101.08101.17101.m101.09

101.03100.2"100. 07^100.10103.22

101.19103.05100.08100.00100.00

100.00100.10

99-31.85*

100.1399.22+

100.00100.25100.19+

2/

.5"*

.5"*

.73*• 78*.79*

.80*

101.31101.10101.19101.13-1

101.11

1C1.05100.26100. 08h

100.12103.2"

101 . 21

103.07100.10100.01100.01

100.01100.12

100.00

.83*100.1"99.23+100.02100.26100.20+

2/

.50*

.50*

.71*

.76*

.77*-78*

101.30101.09101.18101.12101.10

101.0"100.25100.08100.11

103.23

101.20103 .06

100.09100.00100.00

100.00100.11

100.00.8"*

100.1"

99-23100.01100.26100.20

2/

52*.52*.7^.77*.78*

79*

-.03.00

+ .01

.00

.00

+.05+ .0"+.02+.03

.00-.02-.0"-.0"-.02

-.01.00

.00

-.02-.01.00

-.02-.03

-.02*-.0"*+ .02*+ .0"*+ .0"*

+ .03*

1.51*l."5

1.691.7"1.76

1.801.871.961.952.00

2.0"2.202. "8

2.502.50

2.502. "8

.75

.86

•90

991.211.32

2/

.01*

.00

.01

.01

.01

.03

.03

.01

.02

.02

.00

.01

.01

.01

.00

.00

.00

.03

.02.00

.01

.02

1.67*

1.771.811.82

1.851.901.971-972.09

2.092.2"2. "8

2.502.50

S

2/

3/l5/"l12/l/"2l/l5/"25/l5/'»2

7/l5/"2

10/l9/"2"/l5/"39/15/"3

12/15/"13/3l/"l

2/25/U26/2/"l

5/5/"212/1 /"2U/I5/U3

9/I5A3lO/20/Ul

1/31/"12/1/""

9/25/"212/l8/"011 /I /"I

6/5/"27/l2/"3

2/l/"3

"/l5/"3

5/1 /"3

8/2/"39/l5/"3

10/l5/"312/l/"3

10". 05101.12101.20101.1"101.12

101.06101.00100.09101.16106.16

102.1"105. 08101.01100.26100.20

100.06103.15

100.21.8"*

100.20100.18100.18100.29100.2"

.00*

+52»!

per H

50*5C*71:*

73*

8/2/"l8/l2/"31/5/""1/6/""

7/l5/"3

7/l"A37/l"/"31/22/""I2/5A1S/2/UI

7/19A3II/5AI5/29A36/l/"3,6/2/U3 100.00

lO/30/"3ll/5/"l

100.22100.01100.06100.0"100.03

100.01100.08100.03100.01101.0"

100.16101.30100.00100.00

9/10/in

1/31/""7/7/"39/9/"l

10/25 /"I

8/16A31/13/""

1/21A"

1/22/""1/S/"U

1/22/""1/ioA"1/8/""

1/10/""

100.00100.01

99-11.86*

100.0098.2899.02100.01100.16

.82*

.82*

.82*

79*83*.8"*

.83*

2/25/"l12/23/"28/5/"2IO/6A28/5/"2

ll/2/"25/3/"311/SA312/5/"23/20AI

2/lg/"212/26/"l8/l7/"21/31/""I/31A"

I/31A"l/2/"2

12/10/"11/2U/"1(

10/30A2IO/6A2

12/29A21/2A3

io/i"A3

1/25A3

5/"/"35/"/"3

10/15A310/15A310/13A3ll/22/"3

102.07101.12101.20101.1"101.12

101.06101.00100.09100.3110". 18

102.1"10". 18101.01100.26100.20

100.06101.06

100.03.SU*

100.2099.29100.03100.29100.2"

.oc^

l+52(!

I per M.5t*

•50*

.70*

.73*

.7"*

.76*

8/10A38/l2/"31/5/""1/6/""

7/15A3

7/l"A37/l"A31/22/lA

7/3/"37/17A3

7/l9/"37/6/"35/29/"36/1A36/2/"3

IO/30A37/6/"3

6/29/"3l/3l/"l*

7/7A38/IIA31/10/""8/16A31/13/""

1/21/1*

1/22A"1/8/""

1/22/""1/10/""1/8/""

1/10/""

101.08100.08100.20100.15100.12

100.09100.08100.03100.04103.19

101.09103.06100.09100.00100.00

100.00100.11

99.21.86*

100.0"98.31

99^03100.01100.16

.82*

.82*

.82*

.79*

.83*

.8"4

.83*

l/2/"3

lA/"3"/l2/"3

"/7A3"/1U/143

"/l"/"3

5/3/"311/8/U311/U/U3

l?/3l/"3

l/2/"31/31/""1/31/1*1/31/""1/31/""

1/31/W*1/31/""

I/2A3l/2"/"it

1/2A31/2A3l/2/"3

1/2A3io/i"A3

1/25/1*3

5AA35A/"3

10/15A3lo/l5/"3l0/l3/"3ll/22/"3

Guaranteed by U. S. Govemjnent 10/

$"12

571

Commodity Credit Corp .

1-1/8*0 • 2/15/"5

Reconstruction Finance

1*CorporationW - lt/15/IA

100.06

100.03 100.0"

100.07

100.0"

.91*

.38

-.05*

."0

7/2l/"l

7/3A1 100.26

9/2/"l

8/5/"l

99.25

99-25

12/27Al

12/27A1

100-11 7/8A3

7/1A3

99-26 l/2/"3

1/3/""

PART B - TAXABLE TREASURY BILLS

Amountout-

standing

(HlUloae)


Over- the -Counter Closing Quotations on Public Marketable Securities Issued by the

United States Governnent and by Federal Agencies

January 31, 1044 - (Continued)

Table I.- Securltlee Issued or Guaranteed by the United States Government - (Continued)

PART C - TAX-EXEMPT BONDS AND NOTES

AMoat

February 1944 5'5

Over-the-counter Closing Quotations on Public Marketable Securities Issued by the

United States Goveminent and by Federal Agencies

January 31, 1944 - (Continued)

Table II. - Securities Issued by Federal Agencies but not Guaranteed by the United States

PART A - ISSUES IJUOTED ON A PRICE BASIS

Amountout-stand-ing(HU-lloas)


YIELDS OF TREASURY SECURITIES JAN. 31. 1944Based on Mean of Closin;^ Bid and Asked Quotations

ERCE^

2.60f

2 40-

220

2 00

1 80

160

140

,20

1.00

BO

February 1944 57

Average Yields of Long-Term Treasury and Corporate Bonds

(Percent per Eumum)

Partial Ijr

tajc-exemptTreaeurybonds 1/

TaxableTreaeurybonds 2/

High-grade

corporatebonds ^

Partiallytax-exemptTreasurybonds 1/

TaxableTreaeurybonds 2/

Htgh-grade

corporatebonds 2/

Partiallytax-exemptTreasurybonds 1/

TaxableTreasurybonds 2/

High-grade

corporatebonds ^

Monthly Serlee h/

1936-Jan. .

.

I*b...Mar. ..

Apr...

May..

.

June.

.

July..taxg..

Sept .

.

Oct . .

.

Hot...Dec...

1937 -Jan. .

.

Peb...Mar. ..

April.May...June.

.

July..Au^. . .

Sept .

.

Oct..Not..Dec.

1938-Jan.

.

Peb..Mar..

Apr..May..June.

July.Aug..Sept.

Oct..

Hot..Sec.

2.66

2.652.612. 60

2.62

2.532.51

2.U72.1*6

2.60

2.802.762.76

2.722.722.77

2.762.712.67

2.652.6U2.6U

2.622.512.52

2.522.512.58

2.1*8

I:?2.502.%

3-323.263. 21*

3. 21*

3.223.19

3.183. 18

3.15

3.lt

3.113.07

3.093.2U

3.36

3.'»3

3.363.31

3.273.253.26

3.263.223.17

3.17

3.15

3.123.103.12

3.063.01*

3.02

1939^an..Peb..

Mar. .

Apr..May..June.

July.

Aug..Sept.

Oct..Hot. .

Dec.

igUO-Jan..Feb..Mar..

Apr.

.

May..June.

July.Aug. .

Sept.

Oct..Hot. ,

Dee.

.

19lH-Jaii.

.

Peb..Mar..

Apr..May..JUne.

July.Au«.

.

Sept

.

Oct..

Hot. .

Dec.

.

2.1*7

2.W*2.31*

2.302.172.13

2.162.212.65

2.602.1*6

2.35

2.302.322.25

2.252.382.39

2.282.252.18

2.10

1.971.89

1.992.102.01

1.961.921.91

1.901.9I*

1.9I*

1.881.85

1.96

2.232.22

2.37

2.962.902.87

2.922.862.78

2.762.793.29

3.1'*

2.932.86

2.81

2.792.77

2. 71*

2.87

2.93

2.852.802.71

2.702.65

2.59

2.572.712.73

2.762.752.70

2.662.652.6U

2.61

2-572.68

19l*2-Jan. .

Peb. .

Mar..

Apr..May..June

.

July.tag.

.

Sept

.

Oct..Hot. .

Sec.

19lt3-Jan.

.

Peb..

Mar..

Apr.

.

May..June.

July.Aug.

.

Sept.

Oct..Not..Dec.

.

19l*l*-Jan .

.

2.012.092.00

1.981-971.97

2.002.022.03

2.052. 062.09

2. 062. 062.08

2.021.921.85

1.821.831.80

1.811.851.86

1.86

2.372.392.35

2.31*

2-352.33

2.3U

2.31*

2.3U

2.332.31*

2.36

2.322.322.33

2.322.302.29

2.272.282.30

2.302.322. 31*

2. 31*

2.762.802.80

2.772.762.75

2. 71*

2.732-73

2.722.712.72

2.702.682.70

2.682.652.63

2.5s2.572.59

2.602.612.63

2.65

Weekly Series - Saturday Plgures ^19l*3-An«. 7.

11*.

21.

28.

Sept. 1*.

11.

18.

25.

1.8l*

1.831.831.82

1.821.801.801.80

2.282.282.282.28

2.302.302.302.30

2.552.57

2.592.58

2.572.582.612. 60

19l*3-Oct. 2.

9-

16.

23.

30.

Hot. 6.

13-20.

27.

1.791.801.821.811.82

1.8U1.81*

1.861.86

2.302.302.302.302.31

2.322.322.31*

2.33

2.612. 602.60

2.592.59

2.592. 61

2.612.61

19l*3-Dec. 1*.

11.

18.

2k.

31.

19l*l*-Jaa. 8.

15.22.

29.

1.86


OD O—evi

CM op

csj

olO ro ifi

00tfi

o

GOVERNMENTAGENCIES

CORPORATIONS AND CREDIT

OF THE UNITED STATES

-59-


Assets and Liabilities of Government Corporations and Credit Agencies

December 31, 1943

(In Billions of dollars)

Corpormtlon or mâcjTotal

Prs-fsrrsdcapitalstock,

stc.

Cash

U

lDT««tB6ntl

u. s.

•at•curl-

Sacorl-tl«t

ûaran-te«d byUnitedStfttse

Account!ftod other

recalTablBt

Raal ss-tats andothsr

bualnssfl

property

lBtsrac*i^7 asssts

Qua frooOoTSm-entcorpora-tions anda^snclas

Capitalstock andpaid-in

surplns ofOoTSroBsntcorpora-tions

Banks for eoopsratlTssCoBzoditjr Credit Corporation-Disaster LosA Corporation....

Eiport-Icport Bank of Vasbinôn.rara Credit IdainlstratlonTar« Sacxirlty Adaini strati on

federal Crop Insurance CorporationTsderal Deposit Icsuranes Corporation U/.

federal fare Mortcaê Corporation

federal hone loan banksfederal Houslc^ Malnistration. . . .

federal interaediate credit banks.

federal land banks ^federal Batlonal Mortgage Association..federal Prison Industries, tnc

federal Public Housing Authorityfedsral Salines and Loan Insurance

Corporationfederal Security Acency - student war

loana U/

federal Vorke Acency:Public Works AdalnistrationVar Public Works- consunity facilities

Eoae Ovners' Loan CorporationInland Vatenrays Corporation U/

Intsrior Departnent (Indian loane)...Panaaa Bailroad Coopany U/

Production credit corporationa

Puerto Rico P.econstruction Administrationfieconetmction finance Corporation 6/..Beîonal agricultural credit corporations

RfC Kortga^s Coopany. TheRural nectrifieatlon Adainlstration.Tennessee Valley Authority

Tennessee 7alls7 Aaeociated Coopera-tlTSs, Inc

United States Haritime ComlssionVar corporations and actlrities (World

War I ) 8/

War corporations (World War II) 2/.War Shipping Administration

Other GoTernaent agencies 10/.

Oross total

Adjuataent to ellainate interagencyInterests

331.3l.7Wt.5

20.8

U13.il

528.1

29.1728.5

1.1U9.6

29U.0

128.9U16.U

1,980.367.118.3

550.8

ll|«.8

3."

72.''

1.683.22U.9

2.6

73.6127.5

21.99.279.9

6U.9

115.6

367.7696.6

6.78U.5

1».8

8.171.2877.2

8.091.5

U5, 210.0

-16,1116.9

235.2329.52.7

135.8226.2Ul6.2

30.2I403.3

110.1

2U3.1

1.357.96lt.6

318.U

3.1

72. li

3.71,338.1

.U

2.6

6.01.'113.2

32.0

101.53U7.2

.2

15-9

208. ll

25-9

7.W13.7

1st tota 29.063.1 7.'*U3.7

63.3

338.3

2U.1

6.3

l.U10.0

7.1

15.76.9

31.320.6

30.7

1*2.8

7-9

37.9

1.2

38.0.9

12.1.6

33.8

2.1132

11.7

176.01.6

636.7

151.562.636.0

229.6

7.2

lUO.l

15.06.6

10.550.5

68.3

6.9

1109.

6

52'*. U l,Wi8.5

"109.6 52U.U

250.0

.U

168.8

.7

25.0

ltU6.6

36.1

U3g.l

17.0

76.1

6.3

107.9

682.7

2.0'187.7

16.5

57.1I.O

33-7

18.2

29.

3

1I0.3

• 7"•1.5

2.7

127-7

1.51.6

U.9

U.l<

•3

"1.2

.8

.7

.2

yi'.lu

2.38.57.8

3U.1

3-5

696.526ll.2

.1

21.2

1.2

5.1

6.5

182.5

1.926.0

I.UI18.5 UU6.6 682.7 1.926.0

2.616.2

U6.9•

1.0

6.6

67U.7

20.

U

111.2

526.5

1.623.9

1.623-9

1.5

76.7

.11

3.8

.2

103.6

7-0

3.1

7.003.3

12.02.2

14.

6

216.6U5.9

8,031.2

15.512.2

-15.512.2

17't.O

100.0

360.7

63U.7

-6?U.7

lU.557.8

lU. 557.8

(Continued on following pege)

February 1944 61

Assets and Liabilities of Government Corporations and Credit Agencies

December 31, 1943 - (Continued)

(In BllllonB of dollars)

Corporation or agency

Liabilities and reBorras

Ll&bllltleB

Ouaranteedby UnitedStates

(inclndeeaccruedinterest)

Not

guaranteedby tJnlted

States

Doe to GoTermnentcorporations and

agencies

Treasury Other

Proprietary Interest

Sxceseof

aasets(Total

proprie-tary in-terest)

Prl-ratelyowned

Owned by United Statee U/

Capitalstock

SurplusNon-stoelc

Banks for cooperatlTesCoQUQodity Credit CorporationDisaster Loan Corporation

Export-Import Bank of VaBhingtonranu Credit AdministrationT^rm Security Administration

Federal Crop Insurance C^orporationFederal Depoelt Insurance Corporation U/

Federal Farm Mortgage Corporation

Federal home loan banksFederal Housing AdministrationFederal Intermediate credit banks

Federal land banks ^Federal National Mortgage Association....Federal Prison Industries, Inc

Federal Public BouBlog AuthorityFederal Savings and Loan Insurance

CorporationFederal Security Agency - student war

loans U/

Federal Works Agency:Public Works AdministrationWar Public Works- community facilities

Home Oimere ' Loan CorporationInland Waterways Corporation U/

Interior Department (Indian loans)Panama Railroad Company hj

Frodoction credit corporations

Puerto Rico Reconstruction AdministrationReconstruction Finance Corporation 6/....Regional agricultural credit corporations

RFC Mortgage Company. TheSural Electrification AdministrationTenneesee Valley Authority

Tennessee 7alley Associated Coopera-tives, I nc

United States Maritime CommissionWar corporations and activities (World.

War I ) 8/

War corporations (World War II) ^War Shipping Administration

Other Government agencies 10/

Gross total

Adjustnent to eliminate InteragencyInterests

Net total

122-71.719.U

.1

l.U211.2217.2

17.81*39.2

1.041.U

95.027.2

326.9

1.501.1U3.5

.3

UOS.g

1.609.51.3


Sources of Funds of Certain Government Corporations and Credit Agencies

for the First Six Months, Fiscal Year 1044

Corporation or a^ancx

February 1^44 63

Usee of Funds of Certain Government Corporations and Credit Agencies

for the First Six Months, Fiscal Year 1944

Corporation or agency

6h Treasury Bulletin

Sources of Funds of Certain Government Corporations and Credit Agencies

from Inception of Organization through December 31, 1943

Oorporatlon or ac«ncr

February l'^44 65'

Uses of Funds of Certain Government Cori)oratlons and Credit Agencies

from Inception of Organization through December 31, 1943

Corporation or a^tncy

INTERNAL REVENUE STATISTICS

66

February 1944 67

Summary of Internal Revenue Collections!/

Cin thoutandt of dollari)

Tltcal yearor mo&th

Total

Ibcobo and profits taxes

IndlTldual

2/

CorporationIncoas and

excastprofit! U

Mlacal-lanoousprofitstaxes U/

ftiploTment taxes

Social Security taxes ^federalInsurance

ContributionsAct (01d-s<sInsurance)

federalUnssiplOTnent

Tax Act(Unemployaent

Insurance

)

Carrlsrs'Taxing Act

of 1937

ISS"*

1935193619371938

193919110

191*1

19te19''3

19U3-Janu6jy . . .

February .

.

March

AprilHayJune

JulyAxigust . . . .

September.

October. .

.

November .

.

December .

.

19l»U-January. .

.

2.672.2393.281.7923,U9't.330

U.63U,3085,6U3.g3U

5.162.3555.322.7687.351.531

13.029.91222,368.713

797.2271,058.9025.273,1121

1. '•72, 335l,36U.9go», 383, 1*20

1.998.8851.672.217U, 613, 21*9

2,179,5672,089.2295.017.358

2,086,1*86

819,6561.105.788l,i*27,W*5

2,179,8282,629,016

2.185,1052,129,6063. '71,1228,006.880

16,298.876

296,097''33,759

U, 868. 220

1.007,599753,1*77

i*.026,UgU

1.231,1*112

813.577'1,191,778

1.61*3,5781,1*70.850

1*. 590. 615

1,581*. 390

1*19.509

527.113671*. '*16

1,091.71*1

1,286.312

1.028,831*

982.017l.'*l7.655

3,262,8006.629.932

73.'*lO

185.2991.97'*. 909

681. 617511, '•07

1,813,51*8

873,819511.977

2.01*1*, 715

1,086,U51

l,l'*7.55''

2,175,565'

1.039.535

397.516572.115738.520

1,056.9091.299,918

1,122.5311.120,5792.016,295i*.6S7.'*59

9. 58"*. 703

217.3682UI1

, 689

2.872,526

325,15"239,127

2.205,581*

31*7.376

298,7262,132,387

51*8,1*114

307,5792.1*10, 21Sr

538.653

2,6316.560

l't.509

31.178112.786

33.7l<0

27.010

37.17256,621gl*,2Ul

5.3193,771

20.785

8282,91*3

7.362

10.2U72.871*

IU.676

8,71315,717U,832i

6,202

I48

265. 71*5

71*2,660

7'tO,i*29

833.521925.856.185,362.U98.705

122.626291*. 33826.276

120. 03I*

238.91027. 71*7

115. 826

263,72327,863

111*, 6612U2,82738,1*50

122,183

207.339502.917

529.635605.350687.327895,336

.131,51*6

91,229181*, 307

919

107.038203.1*10

2,593

109,533222,363

2,91*9

108. U05

207, 051

r

1.1*96

81*. 530

58.11990.267

101.167106.123100.658119,617156. 008

30.89681,7612,819

5.8U99.01*7

1.186

U,8l*6

8.51*7

937

5,1*86

8.3391.086

36.859

1*8

287.U7611*9

109, i«7

122,01*8

137.871170,1*09

211.151

50128.27022,538

7,11*7

26.U53

23.968

1.1*1*7

32.81323.977

77027, 1*37 r

35.868

79I*

fiscal yearor month

Miscellaneous Internal rerenua

TotalCapitalstocktax

Istataandgifttaxes

AlcoholichsTsra^etaxes

Tobaccotaxes

Stamptaxes

Manufac-turers' andretailers'

excisetaxes

Mlscsl-laneouetaxes

6/

A^lculturaladjustment

taxes

I93I*

1935193619371938

1939191*0

19U1191*2

191*3

191*3-January . .

.

February.

.

March

AprilMayJtine

JulyAugust. . .

.

September.

October. .

.

NoTember .

.

December.

.

191*1+-January . .

.

I,ll81,l60

1,61*9,782

2.001*, 5II*

2.188,7352.272.158

2.236.8212.359.61*1

2. 951*. 5533.837.670u. 571, 132

378,501*

330,805378.925

3UU.702

372,593329,179

651 , 617

591*, 917393.608

1*21,328

375,552388,293

381.913

80.l6g

91. 5089U.9U3

137.1*99

139.31*9

127.203132,739166.653281.900328.795

209216

392

888

193

365

135.61*5

187,87631*. 636

20.063366-1*2

59

113.138212,112378,8ll0

305,51*8

1*16,871*

360,715360.071M07,0581*32,51*0

I*it7.it96

1*6.739

28,6136l,6U2

36,6591*6,21*0

28,672

1*7,9102ll,8U7

28,012

1*0.718

31*. 25336.1*1*3

52.181*

258.9"ltlO.926

505. 2U3

593.831567.670

587.60562U,o6)t

819,869,0118,165

,l*23.1l«l

136,876128.299120.528

112,757109,271*

115,231

125.168128,869117,315

122.371*

117,303120,191*

107.886

1*25.169

1*58.776

500.786551.923567.777

579. 78U

608,072

697.712780,792923.857

80,5656s,2i*7

79.51*1*

76,681*

71,33979,821

86,77189.96586.351*

90,01393.05887 . 101

77,211

66.5801*3.133

68,99069.9191*6.233

1*1.083

38.681

39.0571*1.702

1*5,155

3,7763.551ii.i»i9

5.1155.127'*.993

U,021'»,510

3.81*1

3.9393.93'*

3,999

'»,275

390,0383'*2.275

379.51*01*1*9,851*

1*16.751*

396.8911*1*7.088

617.373852.069670.015

68.1*27

51.1*59

1*7.178

1*8.793

60,1*39

39.195

59.1*88

55.53852.751

58,56856.1566U.39I*

68.029

11*7 ,15691.05276.17280. 161

117.501

11*3.51*0

11*8,926

206,8311(00,501

732.333

1*1,912

50,1*20

65,222

63.8O679,98160,902

192, 61U

103,31270.699

85.65370.1*8276.20I*

72,269

371.1*23

526,22262.323

Source; Reports of collections. |*/

r Revised.

1/ excludes colloetions for credit to certain trust accounts for

territories and Insular poeseselons. etc. (except for the fis- ^cal years 1929 throng 1931*. vhen they aggregated less than $1

Billion a year)

,

2/ Includes rictory tax collsctlons and collectlone under the

Current Tax Payment Act of 191*3. 6/

^ Excess profits tax Imposed under the Second Revenue Act of

191*0. as amended.

Consists of the declared value excess profits tax. the profit

limiting provisions of the Vinson Act. and the tax on unjustenrichment

.

For the jjerlod prior to September 1939 the data In the col-xuuns entitled Federal Insurance Contributions Act and Federal

Unemployment Tax Act represent collections under Titles 7III

and IX. respectively, of the Social Security Act.Includes tax collections under the Sugar Act of 1937 and un-der the dividends tax Imposed by the Act of June 16, 1933-


COLLECTIONS OF INTERNAL REVENUEf/sco/ y»ors 1929 to /943 First 7 Months F/sco/ Year /944

DOLLARSBillion*

Total

DOLLARSBillions

DOLLARS

Estate and Gift

February 1944 69

Detailed Analysis of Current Internal Revenue Collections^/

(In thouaande of dollare)

Sources of revenua

iQCome and profits taxee:Individual:Withheld by eoployero (Current TaJt ; Ayment

Act of 191*3) 2/

Victory tni (SoTonue Act of 19U2)

Other:Cxirrent ^Back

Corporation:Income taxes:Current J/Baelt

Excess profits taxes (Second Revenue Actof 19MO as amended)

Miscellaneous profits taxes:

Declared valueVinson Act

Unjust enrictaneat

Total income and profits taxes

ZmploTment taxes:

Social Security taxes:Federal Insurance Coatrlhutioae Act (Old-

age insurance)Federal Unemployment Tax Act (Unemployment

Insurance)

1.5«U,390

Total Social Security taxes.

Carriers' Taxing Act of 1937-

•

Total employment taxes

Miscellaneous internal revenue:

Capital stock tax

Estate tax

Oift tax

Alcoholic beverage taxes:

Distilled spirits (imported, excise)

Distilled spirits (domestic, excise)Distilled spirits rectification taxVines, cordials, etc. (imported, excise)..Vines, cordials, etc. (domestic, excise)..Brandy used for fortifying sweet vines

(repealed as of July 1, ighO)

Dealers in distilled spirits; rectifiers;manufacturers of stills (special taxes).

Stamps for distilled spirits intended forexport

Case stamps for distilled spirits bottledin bond

Container stampsFloor taxesFermented malt liquorsBrewers; dealers in malt liquors (special

taxes)

Total alcoholic beverage taxes.

Tobacco taxes:

Cigars (large)Cigars (small)Cigarettes (large)Cigarettes ( eioall )

SnuffTobacco (chewing and smoking)...Cigarette papers and tubesLeaf dealer penalties, etcCigarette and cigar floor taxee.

Total tobacco taxee.

Januaryiguit

628.5U2

1.328

396.21013-''55

15.763171.021

351.869

6.093

109

9U

1,388,8527"*, 207

1 ,8811,002

159,907

1.653.712

U7.O3O192

1.330

5.209,326 15,526,230

8U,530

36,859

121,389

79U

122.183

59

50,96U

23,281lt2,0l*9

1.52U

3392,139

102

-15

210603

19737, '122

35

107.886

2. 318

76

70,ltOll

681

3.629191

1

-26

77,211

First 7 months

Fiscalyear19U3

636.576

55.3'*5

691,921

99,U78

791.399

326.7'tO

239.786

5,88U

39.5't9

1*29.728

12,1703'»5

20,932

5.380

8957,035

67,6lU251.175

2,561

837.390

12.1305615

1»93,613U,181

29,280762

2

8,183

5U8,222

FiscalyearI9l»lt

2.737.270

782,967

5,219,367lUO .010

2.U22,1563'W,796

3.820,1|02

62.857

39366

736,327

66,100

802.1*27

123.105

925.532

378.603

258,380

5,988

131.197328 .01*8

IO.55U1.532

15,38U

5.578

1

1.108U,63lt

25.581313.073

2.1*20

839,110

16,9925t1*0

559,581*i*,i*U6

28,587738

2

30

610, U73

Sourcee of revenue

MiecellaneouB internal revenue (continued):Stamp taxee:Bonds, iseues of capital stock, deeds of

conveyance, etcTransfers of capital stock and aioilar

Interest salesPlaying cardsSilver bullion salss or transfers

Total BtaiDp taxes.

Manufacturers' and retailers' excise taxes:

Lubricating oilsGasolineTires and tubesFloor taxes on tires and tubes

Automobile trucke and busesOther automobiles and motorcyclesParts and accessories for automoblleeElectrical energyElectric, gas, and oil appliancesHectrlc light bulbs and tubesElectric signs (repealed as of 11/1/1*2)...

Badio sets, phonographe. components, etc..

Phonograph recordsMusical InstrumentsMechanical refrigerators, air-conditioners

etcMatchesFloor taxes on matchesBusiness and store machinesfurs - retailere' exciseJewelry - retailers' exciseLuggageOptical equipment (repealed as of 11/1/U2)

Photographic apparatusRubber articles (repealed as of 11/1/1*2)..

Sporting goodsToilet preparations - retailere' exciee...

Washing machines (repealed as of 11/1/1*2).

Firearms, shells and cartridgesPistols and revolversRepealed taxes not listed above

Total manufacturers'taxes

and retailers' excise

Miscellaneous taxee:Bituminous Coal Act of 1937Sugar Act of 1937Telephone, telegraph, radio and cable,

leased wires, etc

Local telephone eervlceTransportation of oil by pipe lineTransportation of pereons, seats, berths..Transportation of property (effective

12/I/H2)...Uss of motor vehicles (effective 2/1/1*2)..

Uee of boats (effective 2/1/1*2)

Leases of safe-deposit boxesAdmiseions to theaters, concerts,

cabarets, etcClub duee and initiation feesBowling alleye, pool tables, etcCoin operated devicesAdulterated and processed or renovated

butter, mixed flour U/ and filled cfaeeee

Oleomargarine, including special taxes....Narcotics, including marihuana and special

taxeeCoconut and other vegetable oile proceesedHational Firearms ActAll other, including repealed taxee not

listed above

Total miscellaneous taxee

Total miscellaneous internal revenue.

Total internal revenue

JanuaryI9UU

2.138

1,5855t7

5

'',275

3,37117.0692.556

15889

.367

.58952239020

3072563t

901*1*6

3259.821*

I7.6U61*03

•

9339

1926.38U

1

UU

68,029

8

U.020

11,8567,961*

1,091*

10,591

17,598179

1

522

16.71*5

612

35323

2

258

28

1*29

72,269

381.913

2,088,1*86

First 7 months

Fiscalyear191*3

11,U1*3

6,2611*,158

89

21.951

23,822193,991

8,27856

3.3891,16211,78128.1*78

5.5362,205

506U.2I51,052

91*3

1*,229

1*,1*81

5

52.5213.176

281

6.31313,0663,012

19.139

351.051

1*5

U23

U22,951

3,21832,825

1*2,039

32,2518,U59

37.968

3,71*7

137.79830I*

3,559

92 . 2l*l

3,7131.571*

8,755

22I.72U

3971.357

12

1*0

1*12,003

2,8lU,927

8,815.652

Fiscalyear19UI*

15,02U

9.127''•335

33

28,519

28,928162,69322,779

2U

959870

16,75229,3632,1*98

2.275157

1.8851,068

1*05

1.956U,676

•

1.97735,13863.9653,508

6,952192

1,1*06

23. 77332

56229

76

l*ll*,92l*

1,3601*1,705

81,61*7

52,9618,903

92,027

127,368126,01*3

193

3.581

108.537lt.191

1.57515.72i»

122,528

1*05

2,UUl

13

11671,231

3,207,228

19.658,990

ce: Reports of collections.• Less than $500.

1/ Excludes collections for credit to certain trust accounts for

territories and insular posssssions, etc.

2/ Consists only of tax collections under the Current Tax Payment Act

of 191*3 for which returns have been filed with the Collector of

Internal Revenue. Collections as shown in Dally Treasury Statemente

consist of withholdings deposited In Government depositaries in

!t/

addition to payments sccoDpanylne retomfl filed with the Collector

of Internal Bevenne.Cnrrent collections conelet In general of taxes paid vltbln tvelre

months after the close of the taxable rear for which the return wasfiled.Tax Imposed upon the manufactnre and sale of, and the occupational

tax on, mixed flour repealed ae of NoTenber 1, 19^*2-

OLD AND SILVER STATISTICS

70

February 194-f 71

Gold Assets and Liabilities of the Treasury

(In mlllionB of dollaro)

End of calendarTear or month

ColdAsefltB

Ualilltilei

Oold Certif-icates 1/

Gold Reserveagainst U. S.

notes , etc. 2/

IxchangeStaMllMtlonrand 1/

Oold InGeneral Fund

193"*

19351936

19371938

193919U019U1

igUsi9't3

19^3-Janiiary . .

.

February .

.

March

AprilMayJune

JulyAugust . . .

.

September.

October. .

.

November.

.

December.

.

19W*-JanuBry...

S.238.G10.122.911.257.612,760.0lU.Sll.S

17. 61*3.1*

21.991*.

5

22,736.122.726.321.937.8

22,6S3.022,61*3.8

22.575-7

22.1*72.722.1*26.1*

22.387.5

22.331*.

8

22,21*2.8

22.175.0

22.115.722.061*.

7

21,937.8

21.918.1

5.27l*.0

7.G79.58.959-69.212.311,872.8

15.273.619.825.1*

20,561*.

8

20,611.919.821.0

20.578.520.533.720,1*70.8

20,360.1*

20,318.120,281.3

20,219.1*

20.127.720,067.1

20,002.619.953-119,821.0

19,800.8

156.0156.0156.0156.0156.0

156.0I56-O156.0156.0156.0

156.0156.0356.0

156.0156.0156.0

156.0156.0156.0

156.0155.0156.0

156.0

1.800.01,800.01,800.01,800.01,800.0

1,800.01,800.01,800.01.800.01.800.0

1,800.01,800.01,800.0

1,800.01,800.01.800.0

1.800.01,800.01.800.0

1,800.01.800.01.800.0

1.800.0

1,008.61*87.1*

31*1-9

1,591.6682.1*

1*08.9

213.2a5.3158.1*

160.7

ll»8.5

15U-31US.9

156.2152.3150.2

159 -1*

159-1151-9

157.1155.6160-7

161.3

Source: Dally Treasury Statements.

1/ Comprises (1) gold certificates held by the public and In Fed-eral Reserve Banks; and (2) gold certificate credits in (a) the

Oold Certificate Fond - Beard of Governors, Federal ReserveSystem, and (b) the Redemption Fond - Federal Reserve notes.

2/ Reserve against United States notes and Treasury notes of I89O.

^ Excludes gold In active portion of Bxchange Stabilization Fund.

Treasury Gold Receipts

(In mlllionB of dollars at $35 per fine ounce)

Monetary Stocks of Gold and Silver


1938 - Jan. -Mar..Apr . -J\ine

.

July-Sept

.

Oct. -Dec.

.

1939 - Jan. -Mar..Apr . -June

.

Jiily-Sept

.

Oct .-Dec.

I9U0 - Jan. -Mar.

.

Apr . -J\m*)

.

Jiily-Sept

.

Oct. -Dec.

.

191*1 - Jan.-Har..Apr . -June

.

July-Sept.Oct. -Dec.

.

19U2 - Jan. -Mar..Apr . -June

.

July-Sept

.

Oct. -Dec.

.

191*3 - Jan. -Mar..Apr . -June

.

July-Sept

.

Oct. -Dec.

.

Newly-mineddomesticgold

38.231(0.1*2

1*7.22

1*9.12

l+lt.l)0

1*3-69

52-31*

51.62

1*6.77

1*6-37

52-2773.63

1*9.67

30-9157.051*9.20

36.U9

30.0332.3612.23

I.2I*

-3.01 i/6.66-3-23 2/

Gold received tiy

Importation orreleased for ex-

portation (-) 1/

-7-67121*. 5971*3.96

701.00

699.3080l*.96

765.95657.1*7

739-621,1*80.79

1,225.88671*. ol*

320.2022l*.76

76.11-75.81

-87. OU17.62

-16. in-1*1.17

-152.1*0

-187.03-219.1*2

-23U-93

Miscel-laneous 2/

3.833-51*

5-251.75

3.313.113.2U2.8l*

2-933.1H

3.162.50

2-591.1*0

3-272.31

1.861.1*3

1.621.11

.65

1.77• 35.72

31* -39168.55796.1*3

751.87

71*7-01

851.76821.53711.93

789.321,530.301. 281.31

750.17

372-1*6

257.07136.1*3-2l*-l*0

-1*8.69

1*9.08

17.57-27-83

-150.51-188.27-212.1*1

-237.W*

1/ Includes gold released from earmark or gold placed under earmark.

2/ Comprises domestic coin, secondary gold. etc.

2j Eicesfl of sales of gold to domestic industry over receipts ofnewly-mined domestic gold.


I93I*-

1935-1936.

1937-1938-

1939.191*0.

191*1.

191*2.

191*3-

191*3-January -

.

Ifebruary

.

March ....

April.

Hay. .

.

June.

.

JulyAugust . . .

.

September.

October.

.

November

.

December

.

19l4+-January p.

Gold

($35 perfine ounce)

7.856.29.115.6

IO.6O8.U12.318.312.963.0

16,110.119.963.122,621*.

2

22.736.722,387.5

22.683.022,61*3.8

22,575-7

22,1*72.722,1*26.1*

22,387-5

22, 331*.

8

22,21*2.8

22,175.0

22,115.722,061*.7

21,937-8

21,918.1

Silver($1.29-> perfine ounce)

898.21,1*63.1

2,21*^.5

2.5U2.I3,066.U

3.605.23.939.61*. 11*8.7l*.306.3

i*.298.5

3ll*.6

312.0306.8

1*. 303-9U.298.9i*.298.5

l*,29i*.U

1*, 276.0It, 233.1

1*,223.7

1*,212.7

1*. 207.3

i*.172.5

Ratio ofsilver to goldand silver in

monetary stocks

10.313.817.517.219.1

18.316.515-515.916.1

16.016.016.0

16.116.116.1

16.116.116.0

16.016.016.1

16.0

Daily Treasury Statement and Circulation Statement of

United States Money.Preliminary.


Components of Silver Monetary Stock

(I> allllou of dsllud

bd of e»l%nAMTjmmr or aoBtk

81Ivor hold In Troorary

3oo«rlBc illrorsortlfloAtoo 1/

•llnr killtaa •llTor dollvo

la Ooaoral ôad

9uboldloj7cola 2/

Bullion for

roeolaac* ij

BOLlliOB

at eoot

SllTor ovtoldoTroooory

SllTordollar! 1/

Subildlarjcoin 2/

Total ollTorat tl.?9par onaca

193^

193519)6

193719)«

1939i96019U1

lî1963

19'"3-JaBu«iy

fabruarjMarch

April

HVJnna

JoljluôtSoptoabor

OctoberVoToabarDaeoabar

IjUU-jastiar/ p

Soarca; Dallj Traaaur/ Stat

Statoi MoD«7.

p Prallal&arj.

ai.6576.9775-993«.«

X. 137.6

l.i9*.Z1.39».I1. '176.1

1.516.21,520.0

1,516.31,516.31.516.8

1.517.91,518.81.519.7

1.519.

1.519.

1.519.

1,519.1,520.1.520.0

1,520.0

508.

U

508.

7

505.7503.7502.7

UfU.iU68.3uoo.U

U67.8U66.8

W5.5

U6}.6'*5B.7

U53.3

W.5.91129.9

U26.5

U22.0UIO.3UOO.it

398 -6

U.2

1.2

5.75.1

3.5

5.32.33.59.2lU.U

19.530.335.9

36.9U1.2

36.9

8.8.2

.3•

.2

19.1

^3^52

27.2

26.521.7lU.U

17.3 18.8

89.3262.73'17.7

U28.6

535.3

616.0

657 ."

662.3628.2

551.8

621.1

613.9606.0

6OC.0

593.6592-1

589.158U.9

567.3

560.7553.8551.8

538.8

35.218.U

U3.it

Ul«.l»

U8.1

52.563.078.896.8

79.'!

80.

3

81.6

83.08U.3

85.7

87.588.890.7

92-39U.096.8

95.8

305.)323-5350 -&

366.9372.8

U22..1

i»22.U

"193.5

587.368U.7

588.559O.C

596.0

60U.7

612.7623.1

633.26U2.265)1.8

663.667il.2

68I1.7

68;.

U

1,279-71. 970-12,U02.3

2.8O6.53.3'i6.8

3.790.2u. 060.0U,2kU.8

"1,317.6

"1.207-3

'',31'i-6

"1,312.0

"1.306.8

''.30)-9

"1.298.9

"1.298-5

U.29U.U

"1,276.0

U. 233.1

"1,223-7

"1,212.7

"1.207-3

"1,172.5

aaaat and Cireulatloa Stataaant of U&ltad • Laai than tÔ.OOO.

1/ Valuad at $1.29«' por omce.2/ Taluad at $1,384- par ounca.

Sliver Production In the United States and Silver Acquisition by Mints and Assay Offices

(Zn alllloDt of onnoat or dollara)

1/

Calandaj. jraar

or aosth

ailTorprodnetloa

InOataaStataa

Sllrar aeqalrad bj alati and aaaay offloaa

Havl7 alnad doaaatlcallTap 2/

OoBoaa Oollari

Satlonalliad•ilrar 2/

Ouneaa Dollara

roralp illTar U/

Ooncao Dollara

W"!1935193619371938

193919110

igui19"12

19U3

19'13-Jaaaar7. .

.

rabruarj..Maroh

AprilKiJ•Tuna

Jttlj

Au^dlt. . .

.

Saptaabar.

October. ,

.

iroToabar .

.

Decaabar .

.

I9U1.Janoarj . .

.

I15.6

63.1

71.361.7

63-967.0

P'15.33.8

3.9

3.83.23.9

"i.U

"1.0

2.8

t.l r

1-5

5/

21.838.061.1

70.661.6

60.768.3

70.5"17.9

5-5

.1

.1

.6

1.6

1-31.2

lU.l

27-317-3

U2!u

uo.i"18.5

50.13I1.O

3-9

.1

.1

.5

1.1

.9

.8

110.62.0.H

55.31.0.2

172.5U9U.U

271.92111.S

355. "i

282.8139-872.611.3

86.5318.2150.3108.

7

156.9

120.550.927-16.0

30U.

53"i-

333.312.

617.

3"i3-3

208.0l"i3.l

62.1

5-5

.1

.1

.6

1.6

1.31.2

^29

3U6.5

197.8163-3199-1

160.

6

99-"*

77-2"10.

3-9

.1

.1

.5

1.1

.9

.8

.2

.1

3o«roa: 31lTar prodsotloai Aaaaal Kaporte of tha Ureator of thaMint for aannal flgarea thraaiih 1939: relaaaee of AaarloaaBareau of Metal Btatletlee for all later flgoree.

r BoTlaed.• Laee than ;o.0OO.

1/ Tot laforvatloa oa allTar produetloa la ethar eoaatrlee froa1933 throned 19I1O or I9I1I. aee •TreaeMr Bolletla" forAn«u.t 19113. pa«a 7"!.

Acquired at b>.6U« oa2/ Acqul oante par flaa onaaa natll Afrll 9, 1935:

at 71.11* caata par fine osBoe froa that data natll April 23,

1935: at 77-57* cente froa April 23. 1935 to Daeeabar 31,

1937: at 6>t.£>t* oante per flna onaee froa Decrabar 31. 1937to Jnlj 1, 1939: and at 71. ll* oante alnce July 1. 1939.

^ Acquired at 30.01 cente per fine ounce. Ixecutlva Proclasa-tloa of Au(uot 9, 193U. repealed April 28. 1938.

U/ Acquired at rarloue ps-lcee areraâc ^rproxlsately 'jl cent!par ounoe.

3/ (at Tat ani labia.

February 1944 73

Seigniorage on Silver

(CuinalatiTe frOB Janiiar7 1, 193^ ~ tn nllllonB of dollars)

2nd of calendaryear or month

Selgnloraôn ellrerand ainor

coins

Soorcae of selgnlora^ on sllrer bullion ravaluad 1/

Misc. Bllrer(Incl. sllTorbullion held

June ll*. 193U)

Bevly-ffllned

silTer (Proc.

BBC. 21. 1933)

Hewly-ffllned

ellTer (Act

July 6, 1939)

SllTer Pur-chase Act

of June 19,

19311

Rationalisedsilver(Proc. of

to«. 9. Wt)

Totalseigniorsôn sllTsrreralued

potentialeeigniora^ onilTer bullion

at eoet inOeneral fund

?jSJ

193^1935193619371938

1939194019IHigUg

iSî

19'*3-January.

.

febroBZy.March

AprilMayJune

JulyAugust . .

.

September

October.

.

HoTenber

.

December

.

I9't4-January..

^.318.5U6.1

63.769.5

91.7122.2182.12^5.7299.6

251.0

257.5261*.

9

271.9277.5280.1

283.3286.0288.9

293-2297.1299.6

301.9

1*8.7

U8.7U8.7U8.71*8.7

1*8.7

1*8.7

1*8.7

U8.7Us.

7

1*8.7

1*8.7

1*8.7

1*8.7

1*8.7

1*8.7

1*8.7

1*8.7

1*8.7

1*8.7

U8.71*8.7

1*8.7

.1*

16.836.055.07"*.

9

87.387.687.687.687.6

87.6E7.687.6'

87.687.687.6

87.687.687.6

87.

6

87.687.6

87.6

l*.2

25.71*8.3

63.6

65.3

63.663.663.9

6U.1*

61*.

8

65.2

65.265-265.2

65.265.365.3

65.3

51.1226.2302.7366.7'*57.7

530.7562.7580.1*

581*. 3581*.

3

581*. 3581*. 358U.3

58U.358U.3581*. 3

581*. 3581*. 3581*. 3

58U.358U.3581*.

3

581*.

3

28.53U.53'*.

7

3U.73't.7

3U.73U.73U.73U.73^.7

3U.73U.73U.7

3^.73U.73U.7

3'*.7

3^.73U.7

3U.73"*.

7

3U.7

3U.7

128,7326.21*22,1

5O8.IS16.O

705.6759-1*

799-7818.

9

820.6

818.

9

818.98I9.2

819-7820.1820.5

820.5820.5320.5

820.5820.6820.6

820.6

132.627U.9

397.551*1.6

758.8

950.61,055.81,089.01,01*8.2

967.3

1,029.71,01*8.1* 2/1,038.9

1,036.61.029.51.029.5

1,026.51,020.0989.7

978.5968.7967.3

91*3.9

Basis; Daily Treasury Statements.

1/ These items represent the difference between the cost value andthe monetary value of silver bullion revalued and held to securesilver certificates.

2/ The figures in this coluim are not cmsulatlve; as the amount ofbullion held changes, the potential seigniorage thereon changes.

^ Increase due principally to cunolative adjustment in computingaverage cost per ounce.

OTHER TREASURY STATISTICS

7*^

February 1944 75

Net Capital Movement to the United States, 1935 through November 1943

[Tn thousandt of dollars. Net capital outflow {-)]

Net capitalmovement

AnalyeiB of net capital morenent

Movement In8hort-tenn

banking funds

Movement in

brokeragebalances

Movement In

transactionsIn domesticsecurities

Movement In

transactionsIn foreignsecurities

Calendar year:

1935 (Jai>- 2. 1935-Jaii. 1, 1936)-1936 (Jan. 2, 1936-Dec. 30, 1936).

1937 (Dec. 31. 1936-Dec. 29, 1937).193s (Dec. 30. 1937-Dec. 28, 1938).

1939 (Doc. 29, 1938-Jan. 3. I9U0).

I9H0 {Jan. U, 19U0-DBC. 31, igitO).

19ltl (Jan. 1, igUl-Dec. 31, 19ltl).

19't2 (Jan. 1, 19l*2-Dec. 31, I9U2)

.

19't3 (Jan. 1. I9U3-NOT. 30, 19't3).

Total (Jan. 2. 1935-Hov. 30, 19'»3).

19lt2-N0Teml)er.

December.

19U3-January.

.

February.March. . .

.

April.

May..

.

June.

.

JulyAugust ....

September.

October .

.

November

.

l,ltl2,U86

1,195,922801,9151*15.256

1.195.635

706,380-'96.9236oU,321

1,238,599

7,073.591

66.90573.376

72,750107,175132,152

65,206

70.330223.795

U9.592170,31*2

1*5,011

133,26716s, 979

96U.629

397,31*2

255.591*

331.2681,132.383

852,928-286,622561.573

1.109.207

5,318.302

57.53857.339

151. 809119.68361.505

58.2897l*.311

221*. 8U5

58.72059,0271,903

135.679163.1* 36

6,0396,811

31*, 68731*

32,990

20.358

3.51310.989

115.372

-90

327

2.658-600

2,131*

922-1,0273,662

1*20

1.698

565

-7U7

1.301*

316.660600,69321A.626

57,196-85,1*27

-21*5,062

-261.9551*6,599

36.775

710.105

6.72512.338

5.205-2.5039.881

6,937-389

-l»,537

It, 392-5.28321, OW*

-687

2.715

125.158191.076267. 00826.758

115.689

78.15651.703-7,36U81,o2S

929,812

2,7323.372

-86.922-9.1*05

58.632

-91*2

-2.565-175

-13,91*0

lit*. 90021,1*99

-978I.52I*

Back Figures; Monthly data for the period January 191*1 throiieh

June 191*2 mey be found in the "Treaaury Bulletin" for

September 19l*3. page 73.

FQEyiCTORY

BUYUNITEDSTATES

WAR%ONDS

ANDSTAMPS

C^;T'^

Treas. U.S. Treasury Dept.

HJ]_0 Treasury Bulletin

.A2

1944C.2

Bulletin of the Treasury Department - FRASER...Coaplataflaoalraara,19U1to19>tS 19*1 3.'»70 925...

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Transcript of Bulletin of the Treasury Department - FRASER...Coaplataflaoalraara,19U1to19>tS 19*1 3.'»70 925...