'i'* '

cc)o

^''90m 50 \

3

JUN ^ 1 1972

TREASURY DEPARTMENT.

tf

}BULLETIN

OF THE

U^ TREASURY DEPARTMENT

OCTOBER1944

Analysis of Receipts and Expenditures

Composition of the Public Debt

Prices and Yields of Government Securities

Other Treasury Statistics

UNITED STATESTREASURY DEPARTMENT

OFFICE OF THE SECRETARYJUN ? 1 1972

TREASURY DEPARTMENl

Cumulative Table of Contents

XaauA and p«g« nuater

I9UU

8«pt,Jul7-

J-an* Magr ipr Iter. Fat. int.

IOI13

apaelal artlelea

Wat Loanalnfth Var Loan, Jasa-July l^Wti

Salaa of aeeurltlea, claaaiflad by laeuea. ^ typaa of Inraator. andb7 Statee

Outllna of planaComparleon of faaturae of aecurltlaa offar«d-

A-l-A-15

Tburtb Vnr Loan, Januar7-7ebniaLi7 19^Ut

Salaa of Bacurltlea, daaalfiad V laauaa, by tjrpca of lnv«ator, andby Stntaa

*-5

PrallmlnaT7 report on aaleaOutllna of planaCoBparlBon of faaturea of aaetirltlea offered

Third Var Loan, September 19^*3

1

Salee of aeairltlea, claaalfled by leauea, by typea of Inveator, andby Statea

Security porchaaes outalde war loana by coBnardal banka and by TT. 8. Qovem-ment a^nelea and trust fondalnfth »nr LoanIburth War Loan

United States eavlD^s bonda - new prorleloni for redemtlon throu^ banks....

noanclal operations of the United States OoTemaent during fiscal year I9UU.

X-1-A.11

7«-9

1-7

A.16i-lS

1.1-

Bank dapoalts. geographic dletrlbutlon on Secsaber 3I, 19U1, 191*2, and 19lt3.

Corporate net Incone, Incoae taxes, and dlTldandi, 193^^9^

Treasury market financing

Plnancing the wnr and the poat-wor readjustment

i.11

A.16

L.Z.i-3

A-Z 1-13-1.13 1-2

Bunaary of flaoal atati«tlOB

Budgetary receipts and expenditures

Public debt and gnnranteed obligatlone outstanding. <

Means of financing cash re^rementa

ReoelptB and e«peiiAit«ir«« «nd ^proprl«tloii»

Bud^tazy receipts and ei^ndlturasiSununary by major classificationsinnlyeis of receipts from Internal rerenoeAnalysis of general exi>endl turesAnalysis of expendlturee for war aetlTitlesInalysls of expenditures for (1) rarolvlng Auds and (2) transfers to

trust accounts, etcTotal budgetary receipts and e^Mndl tures, by months, for recent years.

Trust accounts, etc. receipts and expenditures

Means of financing cash reoulreaeata

Social Security programBudgetary receipts and expenditures!

Social Security letBailrosd Retirement ActRailroad Unemployment Inauraaoe let

Statement of trust accounts 1

federal Old-A^ and SurrlTors Insurance Truat Ihand.

Railroad Retirement AccountUnemployment Trust fund

Appropriations md aet contract authorisations for the war actlTltlea prograaas of month-end preceding month of publication

Caah income and outgo of the TreasurylAnalysis by major classificationsTotal caah income and outgo by months beginning wltbl

January 1938Januajy 1939

Q«n«ral Funa of tho Treasury

78-9

10

11

121513

lUlUlU

15-16

17

78-9

10

11

121313

li»

lUlU

15-16

17

7

78

9

910-11

12

13

1>>

1515

161616

5-6

17

9lO-ll

12

13

lU1515

1616

16

5-6

17

910.11

12

13

Ik

1515

161616

5-6

17

7

78

9

910-11

12

13

lU

1515

161616

S6

17

7

7s

9

910-11

12

13

lb

1515

161616

5-6

17

7

78

9

910.11

12

13

lb

1515

161616

5-6

17

Assets, liabilitiee, and balance in Oeneral fund-Analysis of chftnges in belance of Oeneral ]>ind...

IT IT IT IT IT IT IT IT

910.11

12

13

lU

1515

161616

5-6

IT

IT

7

1.6

15

\l17

IT18-19

20

21

22

2383

2ll

21)

2U

IJ.IU

25

25

7

7

8

9

910.11

12

13

lU

1515

161616

5-6

17

17-18

10

11

11

15

\l

17

1718-19

SO

a

22

23

23

2k2lt

2U

13-lU

25

25.26

28

29

(Continued on following page)

Treasury Bulletin

Cumulative Table of Contents - (Continued)

October 1944

Cumulative Table of Contents - (Continued)

October 1944 A.-1

New Provision for Redeeming United States Savings Bonds Through Banks

On August 29. 19'*^. It was announced thatthe Treasury Department had completed plane forsimplifying the redemption of United States sav-ings bonds of Series E, and the predecessorIssues Series A to D. Beginning October 2, 19144,

individual owners or co-ownere of these securi-ties C6U1 .present them for redemption at any eli-gible banj£ or trust company which has qualifiedfor this service. The bank will pay the redemp-tion value of the bonds Immediately, followingsatisfactory Identification of the owners, andwithout charge to the bond owners. Previously It

had been necessary to have requests for redemp-tion certified by an authorized officer, and thenforward the bonds to a Federal Reserve Bank orbranch or to the Treasury for redemption, a proc-ess Involving the lapse of several days beforethe bondholder received his money.

It Is the purpose of the new arrangementto simplify payment of savings bonds for thoseholders who find It necessary to cash them priorto maturity. It Is not to be assumed that theTreasury seeks to encourage or promote redemp-tions of savings bonds. On the contrary, thereIs some reason to believe that the new facilitieswill have a deterrent effect on redemptions,since a considerable number of bond owners In the

past have cashed their bonds well In advance ofexpected financial needs, which actually nevermaterialized, or have cashed bonds In largeramounts than, as later events developed, theyactually needed. With the new method providingfor Immediate payment of eligible bonds upontheir presentation to any qualified bank. It Is

believed that many redemptions, such as those

heretofore made In anticipation of emergencyexpenditures and later found unnecessary, will bsavoided. It Is also hoped that the new facili-ties may encourage the purchase of additionalSeries E United States savings bonds by personswho hitherto have been unwilling to buy suchbonds to their full ability because of the possi-bility that they might not be able to liquidatetheir holdings quickly In an emergency.

The new redemption regulations are baeed onlegislation which Congress enacted last year.They do not alter the requirement that such bondsmust be held for 6o days from the date of Issuebefore they become redeemable; nor do they affectthe nontransferability of the bonds. The privi-lege of cashing savings bonds of Series A to E atbanks and trust companies Is available only toIndividuals. Series F and Serlee G savings bondsare not Included In the new arrangements, butwill continue to bs redeemable by the old methodof certification through presentation of thebonds to a Federal Reserve Bank or branch, or atthe Treasury.

All incorporated banks and trust companiesare eligible to apply for qualification as bond-paying agencies under the new arrangements and itis believed that a large majority of them will doso. As of September 26, more than 10,000 hanks,or 70% of the eligible Inetitutione, had quali-fied as redemption agents. The Treasury willcompensate these banks at a rate of 15 cents eachfor the first 1,000 bonds redeemed, 12 cents eachfor the second 1,000, and 10 cents each for allin excess of 2,000 presented In any one calendarquarter.

Treasury Market Financing: Refunding of Certificatesand Treasury Notes

Results of August Refunding OperationsOn August 2k-, 1944, holders of the 7/S%

Treasury certificates of indebtednese maturingSeptember 1, 19'^, were offered, in exchange, anissue of 7/S^ Treasury certificates of indebted-ness to mature September 1, 19't-5. Of the $4,122millions of outstanding oertificatse, 3,69'* mil-lions were exchanged.

At the same time holders of the two issuesof Treasury notes maturing on September I5, 19^+4,

were offered, in exchange, an additional issue of1% Treasury notes due March I5, 19't6, which wereoriginally issued on November 1, 1941. The re-sults of the exchange are shown in the followingtable:

Maturing issue

October 1944

SUMMARY OF FISCAL STATISTICS

Treasury Bulletin

Bud8«tarv Receipt* and Expenditures

(In »UUo«« »f <«llT«)

ririt ? MiUtt,

H*J Ifkk I9*i

ChMuK

to

OMBlaU flM>l 7»«r>, tiki ta I*)

Actwilttilaal«4

1/

lOhl 19t« i-*; 19U 19*5

Actiutl

aeUul19U

ictmal

1*5 1/

tacoa* uid profltf la«»t £/

laolof^MBt ttJM*

Oiiua*

OUMr ranUU y.

T«l*l r«c«tptt .

.

kM

777

2.119

35»

1.2kO

72

5tt

2.799

375

1.51)

51

553

-20

.11

»273

-21

-2Jl

AoDurtt trMiBf*rr«4 to f*d«r*i Cld-A^wd Sum^or* laturwic* Trutt fttad ^,

1.591

257

5.053

325

5.071

?•«

Mt r*««lrt». l.?)"*

•Mlluni: yWar ACtintUti

War Ovi>wtB*Bt

Vatj ^»r«rt»*nt

5.736

2.1179

1.1&7

l>,72«

S.027

3.935

1.702

''.731

y16

16

5

I. oik

5.093

1.6»

-13

.1.159

Total cttTllUi

TowrMio' AAilBlitntto* 2'

?tt»llc »or1tt §/

Ud to Miiralturcj/

Soetftl Svcurl t7 profria 10/

»ork rrojoeti Adatnlilratlo*

ClTlllMi CoBvorratlon Como

txeoBO oroflti imx nfMAt boado 12/.

Other il'

Uwnol oa Iha oablte tekt

9.J«2

105

112

It*

iki

97

12

25«

U2

97

9I1

155

2«5

5

5)«

Ilk

Ik. 772

226

62

92

305

2

12s

k«0

162

•1,108

129

-32

-'•3

.19

.128

.Ikk

.k9

fatal oiT«Bdlturaa 6/. 10.)7< Ik. 729 16.229 .1,500

(at kuAniarr terielt 6/ 9.0^ 10,001 ll.k9t .l,k<)7

3.k70

"»5

2.967

392

515

7.960

1.116

3.«k7

?t6

16. 09k

l.k9t

k.553

32*

916

3k. 655

1.7'9

5.291

kn

3.292

'k.6k6

2,069

6,;ik

362

',655

.11.561

.2kl

73«

.107

.2.'T6

-9

'JO

1.223

-69

363

a. 269

661

13.66«

169

23.3«5

1.103

k5.kaf

1.260

k7.2k6

1.5»3

22,02k

157

1.131

«37.607 12.799

3.671

2.313

310

ik,e70

l,51'>

3.362

22,212

k2,265

20,IHl,^

kk,lk9 k5,66i 21.167 l.Slli

k9,2k2

26.51

11.259

kT.ooO

21. WO12.5PC

6,077

5, Ska

2. 'f

?

-1.3*2

.1,462

.l,?kj

6,301

563

731

9n

518

1.57k 11/

257

Bkl

1,111

26,011

556

680

1.225

6?9

97011/

IS)

173

1.260

72.109

602

5*3

1.163

735

299

II

901

1.M8

87.0)9

730

••35

909

103

17

•

13*

1.070

2.609

ll.»On

1.285

k»

6k9

101

TOO

1.190

3.750

lk,HtO

.127

-110

-25k

.68

-iK

.11

.l)k

.161

.101

.1,161

5»-11

.?«0

5-17

966

820

l,lkl

12,711 32,597 71.179 95.7kk 91.k0k 15.565 \660

5.10? 19,991 ^im. =24^ -±21 '•"*

Ware«i

1/

k/

y

SBCl«i»t oajuat •nrtrH»«i

laelote* c«ll*exioBa of

Tu PajMBt Ux of 10^^

c«lrta and trp«o£l t\ir«t

I»clatei cM«fl7 alcoholtur«ri' Afld ratftllar*

lBCl\A4*t dvrciltt r«i\Ut

Inform«tleB on Ih* aaowbAJli of Sallj Tr«ftnr7raati. vueh d»p««tl> tot

\^} m4 t?,7l? BlUloatttSAUt of ficti t#pa«lt«^r •trlBAailoB. ••• tab

• a •wt9vi • BOWd.

\99 r»TlMd •• of iomit 1. IQUk.

Bl tax Mid victory tai. BtcliutlBff Jul/ 1^^3>

taj*« wllhh«Id by owplo/orB oadar lh« CurroatMr 4*t»UB ••• followtar ehapiar oa Ba-

a&d Irproprlatloa*. Tabla ?.

\c bvrarara taut, tobacco taj*a, aniifae*

iclao lajsi, and ••lata tajrat.

loit froa tha raaaco ilatloo of war ^atracta.>t of auch dvpoaltfl li oot aTallabla oa tKa

CtataaaBta. On th« baalt of covaria* war-

alad l^^d MlUoaa durlar tha fl acal yaardurta4 tha fttcal jaar 19'*^. >ud4«i aa-

tor tha flaeal yaar 19^^ ara n.?12 alUtena-laa ta natt ch^tar eo Social Sacurlty oro-

Xaclttdaa orpandltu/aa for rublle dabt rvtlraaaata uttlch ara charf*-akla U tha alakln^ fUJid, ate. tmlar aTMClal prorlitoaa of law.

2f tftcl-jdat avrandl tura* elaattflad aa traaafart to tniit arceuala, ate

for tha MJufltad Sarrlea CartlfloaU ^tnd and %>• Vatloaal larvleaLl fa Inauranea ^ind.

8/ ladxidaa Futile Vorkt traaaaetlont claaalflad aa lavolTlar Autda(aat).

^/ Includaa klA it acrlnUtur* traaaactloaa claaalflad aa lavalTtaxfunda (aat): axDaadlfcuraa of tha 0«i>«rt»«nt of terlrultura claaal-flad aa DaT«r(aaatal la Iha Dally Traaaury Statar»ant: and Offlca ofDlatrlbutlon tranoacilona claaatftad aa tranafara to tniat accoaata,ate.

10/ laeludaa aipaedlturaa claaalflad aa tranafara to truat aeeeaat. ate.

for tha Xallroad Katlra*«et Account aad tha Hallroad VB»«Ttloy«antInauraaoa AdalalatrailoB ftnd. Iielutea arpaadlturo* aada ty Cfflcafor BiMrrancy Maaa«*aaBt, War M«Doo«ar CoaMlaotoa (T*. 9. tanlayvaatSarvlca) undar authority of tha Social Sacurlty Act.

11/ Ineladaa Vatlooal Touth Ad^lnla tratloa.T?' Kapr«o»nt« tranifara to wblle dabt acconata for aicaaa proflta tat

ra^ad bonda.

IJ/ iBclada* darartsaBtal awondlturaa not oth.arvlaa claaalflad Mid ai-

roadltMraa claaalflad aa tranafara to tntat acrounta. ate, 'or >>*•

amaant aif^loyoa ratlraoaat and laauraaca funda.

October 1944

Public Debt and Guaranteed Obligations Outstanding

(In mlllloaB of dollara)

Treasury Bulletin

RECEIPTS AND EXPENDITURESA ND

APPRO PRI AT IONS

October 1944

Budgetary Receipts and Expenditures

Table 1«- Sunmiary by Major Classifications

(In Blllloiw of dollara)

Flical yearor month

Receipts

Orots reeelpte

Totalreceipts

InternalroTODue

Otherreceipt!

Lees net anonntetransferred to

federal 01d-A«eand SurrlToreInsurance Trust

fund 1/

Vetrecelpti

Expendlturee 1/

Totalexpend-itures

General

yWar ac-tlTltles

1/

Berolrlncfunds(net )

6/

Transfersto trustaccounts,

etc.

6/

budget-ary

deficit

1/

Publicdebt

retlra-eatey

l<'35-

1936-

1937.1938-

1939.igto.igui.19l<2.

19l»3.

19lw.

igUS-AiiguatSeptember

.

October...Boveraber .

.

December .

.

igUU-jaaaar?. .

.

February.

.

March

April..Hay....June. ..

JUly...Au^at.

3.800U.1165.2911

5.6685.9258.26913.66823.385>t5,Uo«

3.005

2,0692.3705.737

2.77?2.75U

6.576

3.11?3.2566,21*9

2,2122.859

3.278

3.513't.597

5.671*

5.1615.3037,362

12.99322.1W1itl.6«5

2,6025.160

1,8132,1155.W*

2,1882,U61*

6,353

2,9353,02lt

5.73'*

1,9852,702

3''3

387ksB

3593193U9

392389J2Ul»3i

3931

38

3"*

ko

II

393828

28

23

179216210jog

188

273 2/515 2/286 2/916 2/n

3.292 ilT

30»257

218221220

551255181

IU5

195kS6

265

387

503538661

869l.iqj1,260

28U

39271

1

32250

2

3062

1*9

291

3. 800U,u65.0295.8555.1655.3877.607

12,79922.282Wt.iHg

2,7215.'''»7

2,0302,0995.736

2.7't7

2,5036.573

3.0872.9506.2U7

2,1632.568

7,010g,6668.1777.2398.7078,998

12.711

32.39778.179

93. 71*

7.617

7,535

7,1*56

7.8397.1*52

7.5707,8628.525

7.8598,2928,625

8,1108.119

5.900

5.9356,U375.86U7.221

7.055,

6,215 10/5.9865.5956,188

365583

1*38

301*

71*0

1*00

3U2

795

1*79

3ff7

1,018

1*58

1*92

689900929

1.0291,2061,6576,301

26.01172.10987.039

7.2326,952

6,9897,51*1

6,718

7.1387,5187,726

7,31*6

7.8797,567

7,2017.571

3U511

201*

121

925''

.-136 10/

IB1*0

-39

5-2

-7-8-8

-6

-3-3

-6

76.8206O8

225187232331381

1*35

556

152

362

2

37

57

1*0

261*0

1*51

57

3,209''.550

3.li»9

1,38U

3 •51*2

3.6115.103

19.59855.897i>9.595

1»,896

2,087

5.1*26

5,71*0

1,716

1*,823

5,3591.952

l*,772

5.31*2

2,378

5.91*7

5.551

57UI103

loU

6558

1296U

953

Source; Dally Treasury Statemante.• Lees then $500,000.

1/ Szcludee amounte for public debt retirement which are chexgeable to

the BlnklD^ fund, etc. under epecial proTlalone of lav.

2/ For further detalla, -eee Table 2.

^ ror explanation eee tables which follow on the Social Security pro-

kj For further details, eee Table 3.

5/ For fxirther detalla, eee Table U.

6/ For further details, see Table 5. Also eee footnotes 3 and U.

7/ Total expenditures lose net reeelpte.

B/ Represents expenditures for public debt retirements trtilch are charge*

able to the slaking fund, etc. under special provisions of law.

^ Includae recoveries of U. S. Inveetments In coital funds. Such re-

coveries totaled $51* millions In the fiscal year 19l*0j $319 mil-lions In the fiscal year 19UI; $18 mllllona In the fiscal year191*2; and $10 mlUlone in the fleca.1 year 19l*3.

10/ Hecelpts from rediictlona In CE^ltal etoclc and paid-in eurplae

available to be relaeued under exletlng law are Included aa naga^

tlve items under expendlturee. Such reductions totaled $l6o mil-

lions for general expendlturee and $155 mllllona for revolving

funde during the flecal year I9UI,

11/ Includes deposits resulting from the renegotiation of war con-

tracts. Information on the Eoount of such deposits is not avail-

able on the basis of Dally Treasury Statonente. On the baals of

covering warrants, such deposits totaled $558 millions during the

fiscal ysar 19l*3 and $2,235 BllUou luring tb* fiaoal year 19l|lt.

Table 2.- AnalyelB of Receipts from Internal Revenue-^

(In BlllioB* of dollars)

Fiscal yearor month

Income and profits taxee

Withhold byemployers (Current

Tax PaymentAct of 191*3)

Other

2/

fi^loyment taxes

Social security taxes ^Federal InsuranceContributions Act

(Old-egeInexirance)

Federal Unemploy-ment Tax Act(UnemploymentInsurance)

Carriers' TaxingAct of 1937(Ballroad

retirement)

Miscel-laneousinternalrevenue

Agrlcultureladjustment

taxee

1935-1936.

1937-1938.

1939.19110.

191*1.

191*2 •

191*3.

19W*.

19'*3-Auguet

September

.

October. .

.

Hovember..Decemher .

.

191*1*-January. ..

February,.March

April..

May....June. .

.

J\ily...

Anguet.

3.2783.5131*.597

5.671*

5,161

5.3037.36212.99?22.11*u

1*1,685

2,6025,160

1,8132,1155,1*81*

2,1882,1*61*

6.353

2.9353,021*

5.731*

1.9852,702

1,0991.1*27

2.1632.61*0

2,1892.1253.1*70

7.96016.091*

31*. 655

1.561*l*.765

1.3031.1*59

5.01*0

1.7271,71*7

5.911

2.1*75

2.1675,2l*l

1.21*7

1.552

8,393

51*8

67U

5571,010

713

57U

1,137750

5601,101*

71*6

59U1,065

1.0991.1*27

2.1632,61*0

2,1892,1253.1*70

7.960I6.O9I*

26,262

1,016l*.091

71*6

1*1*9

327

153610161

063U95

651*

l*«7

253

7557I10

833925

1,1861,1*98

1,739

31050

1*6

29258

1*9

67

3933771

56

319

191*

511*

53060U

691

8961,1301,292

287

3

1*2

27I*

U

3"*

%^

35309

5

52293

5890

10110898

120

158180

8

1

3101

lU

117U

i5

312

150109121

137170209267

151*6

1

8

53

1

U

59

i1

lU

1.6572.0102.1812.2792,2322,3»52.9673.8U7

''.553

5.291

3u2

1*61*

363386

U123UU

375

U21

5201*22

681

832

521

77

ce: Dally Treasury Statements.• Lees than $500,000.1/ For further details, eee chapter on Internal Revenue Statistics.2/ Includes unjust enrichment tax and victory tax collectlone pursuant

to Revenue Act of I9U2.

2/ For the period prior to September 1939. the data In the columne

entitled ^deral Insurance Contributions Act and Federal Unem-ployment Tax Act represents collections under Titles Till end IX,

respectively, of the Social Security Act.

Treasurif Bulletin

Budntary Receipts and Expenditures - (Continued)

Table 3.- Analysia of General Expend! turea

(U llllau at tellwa)

or bobUi T*tal

T«t«raaa'

trttlM

y v

rakll*Iteik*

2/ U

A14 to•^looltvr*

2/ V

l«al>l

procraa

DlFM% nltaf

Vork projAOts

tf latloua ro«thMalkialrMloa *ad Clrll «<>rk>

Idalalttrsttoa

2/

OtTlltaCoaaar-

C«rp«

Utcrait« Ik*

4*kl

Othwdapvt-

1/

Oih«rfra«rhl

itmrva

a/

»9>}»936

WTHMX9»

19M)X3kl

IJto

IIS:::::::::::

19k)-iD<B«t

Oolobar..

.

lonabwr..DM4Bter..

ISkk-Jamarr...

Mareli

iprtl

*Vtwm

J*lj

5.900

l:2J

7.?a

7.0556.n55.9»5.5956.1«a

3*5513

"J*30to

kOO3»w

795

'»T9

3«71,011

5?»92

55757i5«15M557

55755355557?689

1*9

52

1.9

5051

525255

55

6371

««5•03670900

•90

25

^21

"•3

37

3225a

3>i

29

IIS

2S1.237

1.5^61.006 10/1.0911.052950

6571

»7

67

55

se

92

99

100108

59

6230

iS

21?

529

53

33

25

36

33

5*3«

1.26k

1.196I. '•72

2.2*M

1.5721.371

97029917

.«3i••95

-1

2

im6

3rt326290

a«3

%

121

7'.;

(669269*1

l.Okl

l.Ul1.260i.aM2.609

i>6

3U

'•97

2S

s;517

77

55

56

117

72?

16

77

TO•13

53

6591

2«325*223200IJl

216220

19752«

il

u1510

Ik

96li»

Sftlljr Tr*«cu7 Stat«a«stt.iMt tlUB 1^00,000. 6/taclndaa p Uc worki oadT :«a ^7 th* fttarma' A^alaiitratlon.Dm* oot li ad* axpttadltT for (1) rvroirlnc ftmda or (2) tr«B»-f«rt to Vr. : accowiti. • 7b»— art fhowa In T»bX« ^. 2/lAclndai pabUc bolldlsc** public hlctnra/a (lacladljic foratt rood«Bd trail*]. rlTor aad harbor vork and flood control. T«nn«eia« Tal- 8/1«7 lnthtrlt7, ^daral Pobllc Boiaaln« inthorltj (for««rl/ T7. S.

Houloi; Anthorltr), r*cl«aatlon projacta and tha THiblic Vorka AiSalD-

litratlon. Xxclo^a oartalo arpaadltorat for public vorka In coa- ^aactloa with war actlTltlaa ^ tha fodaral Vorka A^mtej, ba^nniof

Conalata of farv Cradlt Adxlni*tratloa. 7«daral Fara Mortfac* Corpo-ration, Mdaral l«id banfca, ftiral Xlactrlfloatlon Adjalalatratlon,Var ^od AdBlrJttratlon. «id Dapartaant of AcTlciUtura dapartaantalazpaadltoraa. (War ^od A^lKlnlttratlon ooaprlaao A^loultural AA->utMnt A^ancar. Fan Saoirlty Adalnlitratlon. Qfflca of Uatrlba-tioa. Soil CoeaarratlOB and Xxtaealen Sarrlca. and Cniiar). 10/taclttdaa railroad ratlna ant sd railroad viaaplOTaaat aetlTltlaaasd aacla^a axpanditnrao Mhda by Off lea for IkMrgancy Hanaoaant

.

Var Na^owar Ooaadaalon (U. S. ^playact Sarrica) uadar itborlt/of SoelaJ SacBTltr Act. ^r ftirthar datalla. aaa Ublab lAUoh fol-

low OB tha Social Socorlt/ pro^'aH.Vork Pro^eta Adjilnli trail on vaa forvarlj Vbrka Procraaa Adalalatra-tlon. Baclnnlnff vlth Jolj 1S^*2. axpondltoraa for tha Vatloaal ToothAdHlBlatratloB ar« claaalflad aa Var aetlrltiaa •TT«Bdltiiraa*.iBcln&aa axpaadltoraa of tha BaconatnictloD Flnanoa Corporation forrallaf throng loana and ^neti to Stato*. aDnlclpalltlaa, ate.

teclodaa arpandlturaa for tha U. S. Marltlaa CooKlaalon, dapartaaetalazpa&dlturaa andar tha Social Sacorlty ;ro^^ and ttaa Dayiart— t ofA^rlealtnra dapartaoctal axpaadltoraa.Inclodaa axpanAlturaa for tha follovli^t Offlca of Bdocatloa. and

PobUe Baalth Sarrica of tha Fadaral Sacnrltj A^aai^l raf^uida of

tazaa and dntlaa I7 tha Traaavry Dapartaant; Poit Offloa Daparta^tpoatal daflclaoclaa; Fadaral Booalnc Admlnl strati oa; Traacvrr Da-

paitaaat InTattaanta In fadaral aaTlc^ and loan aatoclatloaai car-

talD azpaodlturaa of tha FanaaM Caaali and capital atook of tha Fad*

oral Dapoalt tnnraaoa Oorporatloo. Boaa (Voara' Loan Corporation,

Fodaral hoa* loan banka, and Z&aaaiar Looa Oorperatloa.Qroai axraadltnraa hara baaa raAiead |l60 allllena rapraaastinc tha

rax«/aaBt of oapltal fUnda bj cartalo OBltad Stataa OoTa n»aBlolaa. Ttor forthar datalla aaa "Traaaory Sollatln* for J^aa l^k^,

pa^a 9, footaoto 12.

October 1944

Budgetary Receipts and Expenditures - (Continued)

Table 4.- Analysis of Expenditure for War Activities

(In millions of dollars)

Tlseal yearor month

WarDepart-ment

NavyDepart-ment

Miscellaneous war actlTltles

Totalmiscel-laneouswar ac-

tivities

Agricul-ture

Depart-ment

federalSecurityAgency

FederalWorkeAgency

RationalHousingAgency

i/

SelectiveService(adminis-trative)

TreasuryDepart-ment

UnitedStatesMaritimeConmls-Blon

VarShip-pin*Admin.

Aidto

China

UnitedNations

Relief andRehabili-tationAdmin.

Other waractivi-ties

expend-itures

2/

19351936193719381939

19I10

igiti

19U2

ig"*?

19UI1

lOltJ-Au^UBt

Septenber.

October. .

.

NoTember .

•

December.

.

igUU-Jenuaiy. .

.

P*bniar7.

.

March

AprilNa7June

Jul7A\i£aBt. . .

.

689900929

1,0291,206

1.6576,301

26,01172,109

87.039

7.2326.952

6.9897.5^16. 718

7.1387.5I8

7.726

7.3'*6

7.8797.567

7.201

7.571

273383378U32

U90

667

3.678IU.0701*2,265

U9,2lt2

U,219U,036

ll,lll2

'•1733.8U1

U.lTO

3.792It.U6l

It, 160'*,-^3U

l«,io6

3.9281»,087

U36

529

557596673

8922,n38,580

20,88826,538

2,0-^7

1.909

1.9552.13U

2,050

2,082

2,7572,281

2,262

2,5362.636

2,5912,502

-21

-12-6

1

lA

99310

3,3628.95511.259

9761.007

892

1.235827

886

969983

92U1,010825

682982

6962,0112,lU3

180

239

176

%lUo18lt

188

22lt

205219

5615s

62111

153133

1611

2UlU

6

9168

8

7

5

6

26

62215228

2k

251921

18

1716

11

721

15a

'•5

297608

539

68

50

5^Ut

39

k2

38

38

353128

2217

2U

5191.2011,U32

118llU

100111

108

125127

97

130118188

I2U152

-21

-12-6

1lA

9951

9292.7763,812

361

366

• 29't

U02

356

3O8

386

27336>*

51

130372

1321,1051,922

119130

ll48

21616U

153182165

IU9191201

I9UI3U

200"40

108

382

795991

81

69

66

9182

8771

82

9081

106

122

97

Source: Sedly Treasury Statementfl.

Back Flgores; For monthly flguree commencing July 19^0, see "Treasury Bulle-

tin" for May IS^'i, page 7.• Less than $300,000.

1/ Includes var public housing functions.

2/ Similar Items for periods prior to fleoal y«ar IjUl are classified

under Other departmeubal and Other general expenditures in Table 3*

Includes var expenditures of Commerce, Justice. Interior, and StateDepartments; ClTll Service Commission; XxecutiTe Office of the

President (including Office for Anergeooy Management); Panama Canal;

capital etook of Smaller Var Plants Corporation; and Defense AidSpecial Fund.

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

(In millions of dollars)

Fiscal yearor month

Budfretary (tecelpta and Expenditures - (Continued)

Treasury Ralletin

Table e.- Totals by Months, Hefclmlnrt with 1039

(U allllsu or «oll«r«)

Jw. f*xr Total

»>* ^igtUlj raMlpti y

193*.

»93T.

193* •

19J9.19ko.

19kl.

J9»».

103

TO

October 1944

BUDGETARY RECEIPTS AND EXPENDITURES

1939 1940 1941 1942 1943 1944OOIXARSBillions

DOLLABlllloi

JMMJSNJMMJSNJMMJSNJMMJSNJMMJ8NJMMJSN

7

6

5

4

3

2

I

7

6

5

4

3

2

I

-I

10 Treasury Bulletin

Trust Accoimta, Btc. Racciptt and Bxpendlturea

Table 1.- Truat Funda

(U llllaM »t iclitj-tl

•r aoBU

trul tmdt.••I r«o«lplf (•}

-)

trul Vo*

•I l«*«lp>t

trul tmt

W9% laoalpta ^^^^^

latlfnt iAMsat

•«•>»»• «S«

Othartrwt uemsli y

»*'•'»• iir«

HJJ.

W3T.

»J».

I9k>-Jiatw«....

Ootakar...•TwkOT..DM«Bb«r..

19kk-Janu7...

itenb

l^rll.

^»J/.

«11•»

3T

:u

IS

•no-(fit

90IJO-tot

• 110

tn-5W«iot*H2

1I310

<

?T0-»a»

I*««-mMIS*-m

««9-313

M«T3

»«7

530

MO7179*0

Mk1

3»171

3

3t190

J

3Si«*9«i

2*7kOl

V9

?T7707

931I.U5I.J57

Ik

»9

15»5

W5k

Uiifil

16

17klk

5U

-6

3«-5

f-1

kl-ko

-J-3

9-ftk

-Ik

7*3•3«

»99l.ukl.jkk

}:§?

31331

37w•3

k3

kk

n«103

51i99

791

•37

997l.llS

l.9<k

«l•»3

.S101

k7

309

-tII

lk«

109

1»3117ikk

Bl«T3

(

»5

Ikfi

107

UtIkk

a7179

»9-9

•«k•3k10

39»97•MIki

1•wa-k<-11

«3•19-kl

99•1

-k9

•95II

301?.o?3

»91

V33k9

5«k099l»

979i.aJS

101116

139

T7Ukl(kla9k

202179«31

137t.oto

•3«317319

331

2r,«7

1.713

10017

U7123«9101

IOC

139

IM171

179

3«»191

••mj««i IIKII7 trauvT ttaUaaatt.• Uti Uu ISO. OCX).

^ laelod** 0«T«raa«Bt laauraao* t ftmAt, »tt.

Table 2.- Other Funds

(U llllaai of teiUra)

flaoal 7aaror aoath

Craa**ctloat In ohack:lac acoaoalaof OoToraaaal ^oacloo. ata.

fatal all

traaa-Mtlaaa

loavaaaa afabllcakloaa

Othartraa»-aallaaa

laeroaoat oa gold

Baealpto^aodl-taraa

Salgaloraffa oa allrar

Baoalpit

Mlaeallaaaoa* fuadiaa4 aooonto 1/

laaalptt

193}.193«.

1937.195«.1939.

19kO.19kl.19k*.

152:

19k>-'>Mwt

'

lapt..b

Oatakar.

J,lj.

«5710151k*fOk*1U

J*-S!

:J:5-k.k03

-lk«-ikt

i8-kfl

-1«5

-3P-t.oot

-«7ika

-15

I. 10 -33^

-i:«-1.(19-1.939-1.519

-lit

-»a

-M-at

-1.907

•k901.900

-31

1«-«J3

-111-*)3-99-91-9

101

915

• Iko

176ko9090

•*9•toIk

IkO

176ko

9090

Ik

U11

a?tok

ina-»

iCo91

-170

1*5k*

331

199-3

*7133191-«6-107

-Ik-U

-101

-l6o-91

170

-»3

hllr Traaa«i7 ttataaaata.• Uaa tbaa •SO.OOO.y Ca^rUao rU ranlrlBc fiasd. and •^•elal da^ilta (aat).

Uaa tMl*«aa Offtca af Matrlkallaa (fanarljr icr 1 sal tnral

atla« idaUlatntlaa) eiMDitty faad atay traaawtlaaa.Ij lat racalpta la tkla oaloaa aonatltnta aat aalaa. aad aal aa-

paadlturaa coaatltaia aat radaaf Ilea* of abll^atleaa.

iJ Datalla oat arallakla.

Jctober 1944 11

Means of Financing Cash Requirements

(In alllions of dollara)

or Boath

Awnmt requlrod to b« financed

TotalUMQBtroqolrodto %•

flaa&ood

lotbudgetarydafiolt

1/

letIneroaM

Id OanoralPond

balanco

Vat•]q)andl tores

In tmetacconnts,

etc.

2/

Maani of flaanclnc

Totalaoont

financed

lacraasa la

pabllo dabt

atdecreaie

In Oaneralfond

balance

letreceiptsIn trustaocomts,

etc.

2/

193519361937193«1939

19I40

19IH

19U219't3

13m

19lt3-ia(net

Septiaber.

Ostober. .

.

loTeaber..Daeeaber..

19'A-JaBuaiy. .

.

Tebmaiy..Kareh

iprll

"WJane

JtOjiagnit....

3.2095.3903.1691.3«1»

k.ieu

3.611

6H.27U6H,307

l»,896

lU.291

6.6975.7>iO

2.3*3

iz.iwe"1.157

"1.772

i5-^637

7.7035.551

3.209H.550

3.1»91.38"»

3.5"tt

3.6115.10319.59«55.897»9.595

>t.e96

2.087

5."*26

5.7MO1.716

"».g23

5.3591.952

"t.772

5.3"»2.378

5.9>i7

5.551

gllO

622

7"e

6.5156.51510,662

U.79"t

1.139

6.916

11.6"ii

1.756

lIlS

3.5061.861"t.051

UlO

132

667

1732.205

613

3.2095.3903.l>t?

i.3«»lt.l6U

3.6115.99^

23. '•61

6li,27"»

6U.307

>t.896

1"«.291

6.6975.7'w

2.383

"».837

12, "we"1.157

"•.772

iJ:^

7.7035.551

1.61t8

5.0782.6)i£

7"«)

3.275

2.5285.99'»

23,1461

66,27"*

6U,307

2.53"»

l"»,291

6,6971,112-281

>t,781

12, "UX1,608

2521.399

l"t.637

7.5701.229

7Ul

128

338

9">7

2,231

2.6A

55

2,5't9

U,327

3.757

"*,252

37U

306890

136

131

290

193185

13370

Souree; Dall/ Treaaoxy Stateaaata.

1/ SaelQdaa aaoaate for pablle debt retireaeat vhloh are ohaxca-able to the einldBC fond, ete., nndar apeelal proTleloBa oflav.

2/ Ooo^rlsao traat accowtt, eheeklnc aooomte of Oovemaentacanoleo, etc., laoreaent on gold, ael^Dlera^ on allrer, andalaoellaneoua fnade and aeoounta. Inoreaent on gold eaelndeaazpandltorea for national bask note ratlreDente.

It Treasury Bulletin

Social Security Pro^aa

Section I.- Budgetary Recelpta and Bxpendlturea

Table 1.- Social Security Act

(U allltM* »t telUr>)

«r »«%h

••Ipti

•r««i r«o«lpta

f>tal

(oolkl iMvtt^ tazai

C*>trlti«tl»> l«t

(ai4-««« lannM*)y

Tu iet(QM^lajnMat l«

2/

Um Miwli er*4lt*4 «*

Krrlwr* Z»«vukO*Trut rtai

•Ipta

JV.2fiok.k

651^. (

n«.«T«.|

i.oi).61.W.Ji.kTt.e

U.l

M.62*1).

1

U.«

36«.71.0

^\

5».7305.0

^n:2

IS:;&90.i

1.130.5l.»».l

a6.63-0

11.5873«3.7

35.8

k.li

35.1309.*

5.1

51.I

293-3

57.«90.1100.910;.?97.7119.915«.«179.9

S.l1.1

5.010.91.1

i5J1.1

2.9U.T

iCf.o

J«7.0503.0

g:;•61.9.103.0

.«5».J

a3.«.2

y.9271.0

1.1

51.

«

250.2t.h

31-7306.0

1.7

•^.3290.

«

-12.1217-*12t.2

15.51««.91«.71*9Ot.9

10.9

3-9

5-713.13.«

16.

2

lis.

5

5.«

6.717.7".5

i5:5

71»«al 7«*r•r •tb

lipaadltarct

T*laltrmtln«»«••

i/

Oraati to 8ta««

Total

8«fllal t»o«rlt7 Board

01d-o«aaailat-aaa*

tit \»lopoadaatablllna

Ud to

tbokliad

paaaattoaadalalo-iratloo

Pvkllo•althSarrlaa

hoalthvor%

Sipartaeat of Labor

Matoraaltad childhaalthorrlooi

darrlooofor

orlpplodehlldrao

Oklldvalfaraoarrloaa

Offloo forla«r(oac7

>t

«ar

laolaa(n. I.

^lOTMBt•arnoa)

lafaadoof

of

tarao

5/

195*1937UMJ??:::::::::i9ta19M

1»:::::::::

19k3-*a«aat..

Oetokar.

l^Wt^a^braai7.Marah

iprtl..

ar....jaaa...

JMlr. ..

ta«Bat.

.(

IJ.f20.0a.

3

2?-331.5

P.933-33«.l

2-52-9

2.92.22.(

2.22.72.S

2.72.92.S

2.k-1.8

1I6.9271.9320.5

2^:ik69.6

m.iWf.O

I.9-8

29.7

53-73«.3a.o56.130.t>

».3

2S:J29.0

90.33«.»

ii2:im.2IM.*227.6260.1299.1

^':l

32.8

25-3

36.129.218.2

l\26.

h

35.631.t

25.1

30.631-8

2.0U.329.5

?-°

67.357.0

6.52.8

6.1

522.1

6.2"1.7

3.0

9.39-52.7

9.69.0

1.0k.6

5.2

l.\7.1

8.08.910.3

• 9.9

1.01.2

• 5

1.1.6

.7

1.0.9

.7

1.0.9

• 99.1W.958.9

?•'63.070.3

5:J

7.0•

9.7

1.6

':!

9.6.2

2.H7.88.98.09.>«

10.8u.b10.710.9

l.l

2.0.h

2.2.2

3

2.2.2

.1

31.1

1.03.13-8

u9.9

i-'6.2

.9

.9

.1

X.2

.3

.9

.3

.2

.3

.21.0l.k1.91.5

\:\1.6l.k

20.71.3

.2

.1

ki.o 6/1.8

\x3.52.8k.2

.3

.3

.3

.3

.3

.J

.t

.3

.(

.9

.9

.k

•T

^:

28.k

199.5119.1219.1209.73a.9

klo311.7

••1.7

29.0

51.327.720.li

k2.6-89?29.8

M.9!5.927.8

k7.8»3.>

^

u

u«« ih«B ty).ooo.rorasrlj TltU HII of lb« Soel&l S««iirlt7 ka%.ForBtfrlj Till* II of Xhm 9o«t&l tvou^tj Aat. taelnd«« Mouati tqiiAl

io approprlAtloaa to lalLroad OB«Bploj«Bat tftavftaoo ^alaittrfttloaftiAd aqniT^iaBt to aaovntt of iaxa* eoll*ot*4 vlth r««p»«t Io tb*parlod froB immmrj 195^ ^0 •Toaa 1939> iDclaBlT*. froa aplo/vrt aaV-^«t t« tka BihlLroaA OaaaploTBast laaurftdo* lot (••• Tablo 3 of S*o-tlo* 1).

Frlor to 'iiirj I. 19*»0, ftcorvi r«pr»*a«t iao«at« tranoforrvd to

tiM Oll-Ac* BoMrr* looout. Fro* :wa.-^arj \ to Jul/ 1. 19^ trano-f*r«* wr* BAdo to lb* fvdaral Old-A^ wmA 9arr\f«r% laaorMoo froatF«a4. taWa^aatl/ rvoolpta b«ra b*«a dapoaltad la ttaa a«Mrad ^^of tb« Traaauy •mA "^proprlataA* dlraetl/ to ilia faAaral 014-lc*i4 liu^TDrt Ia«<vaa0a Trail F^ad. ABffoati oliowa aa traoafar* r»-na«« da^iottoaa aada for r«lataraa«ant to tha Oaaaral f^mA afioovat

iBlalatratlT* aspaaaaa. vklab ara ifeaaa a* a^aail »araa la

1/

•aetloa XX. Takla 1.

laeladaa oal/ axpaadlturaa froa .apia^prlatlaoa — ir ipaolftoall/ for

adalalatratlTa azpaaaaa ralatla^ to tha Social S«aurlt7 let; aaaal/.•o«lal Saoorll/ Board. Dapartaaat of Coaaaroa. aad naparlBntl ofLateri ^td adalalatratlTa axpaaaaa ralabvaad to tba Oaaaral rtind oftha Tr«aaar7 oadar Saettoa ?01 (f) of tha Social Sacurltjr let, aa

Maated. Bac^aalac >xljr 1, \^, Inflada* alao atelBlttrattT* ai-

paaaaa oadar tha Vacnor-pajraar keX . lieluda* adalalatratlTa •-paaaaa pi^abla froa othar appro|r1fttloas. prlaelpall^ for tha fol-

loviJic a^B£laai loraai of lataraal BaTaaaa of tha Traaaarj Dapart-

MSl. and Publle Raalth Samoa aad affloa of B4uoalloa of tha Pad-

aral Saoarltj A^aaox.CoTarad bjr approprtatloaa bj Coa<r«aa.Saooad Daflelaaa7 Ipfroprlatlea A^t* flaoal faar 193'< i^preprlatad

Ml alllloaa for rafttadlac to oariala Stataa portloaa of ^idaral a»-

plojrara* tax for 19)6 eollaetad iiadar tha Social Sacurltj kox

.

October 1944 13

Social Security Program - (Continued)

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

Table 2.- Railroad (tetirement Act

(In nillloQB of dollars)

7iBCal yearor month

Recelpte

Carriers' TaxingAct of 1937

ExpenditureiJ

Admlnlatratlvexpenses

Transfers to

Railroad RetirementAccotint [trust account)

Refundsof

taxes

Excess ofexpenditiiree

u

1936.

1937.1938-

1939-19U0.

I9UI.19U2.I9U3.I9IW.

19U3-Au«ustSeptember.

October.

.

November.December.

igUJi-january. .

February.March

Asrll.Ha;...June.

.

July...Au^et.

• 3150.1109.3121.0136-9170.0208.8267.1

15.0U6.2

1.1

8.252-9

1.2It.l

58.6

.h

13.U6U.9

l.UlU.2

.31.5

1U9-0110.0123-3128.21U8.5

220.2265.3

.2

•3

33.8.2.U

3U.I.1

.2

3t.7.2

.2

205.0.1

•3

2.6

2.92.63.87.6

2-5

.2

.3

.2

.2

.It

.1

.1

.2

.2

.2

.2

.2

.1

1U6.U107.1120.712U.U1U0.921U.8262.7

33.5

3U.0

3^.5

20lt.8

.31.2

-1.1

.7

2.3-8.7-21.6u.u-1.8

-IU.8-•5.9

32-7-8.0

-52.5

32-9-3.9

-5«.U

3'».3

-1J.2-6U.7

203.6-lU.l

ce: Daily Treasury Statements.• Leas than $50,000.

1/ Includes only eicpenditurea from appropriations made spoclfi-

cally for administrative expenses relating to the Bailroad

Retirement Act

.

CoTered by appropriations from the General Pond of the

Treasury.

Table 3.- Railroad Unemployment Insurance Act^

(In millions of dollars)

Tlacal yearor moQtb

193619371938

1939I9UOI9UI19'»2

I9>t3

191*

19U3-AuguetSeptember.

October. .

.

November.

.

December.

.

19UU-January . .

.

February.

.

March

AprilMayJune

JulyAu^et— .

Receipt

e

Railroad unemploymentinsurance contri-

butions 2/

it.g

6.88.5

10.312.1

X«l Treasury Hulletin

Social Security Prograa - (Continued)

Section II.- Stateiwnts of Tniat Accounts

Table 1.- Federal Old-Age and Survlvora Ineurance Trust Fund

^

{?uvul«tlv« fro* orcaattAtloa - 1ft llliOB* of tellars)

tti, it t\mctX

j%u or aoaU

19J8H)TX93«1M9l'f»»9ta

H*i

lltJ-::::::::::::::

19l'lk-C<B*

^«l7

Totiaiplo

S<7.3

7B.JI. 199.61.798.12.536.23.5«.I*.7».76.116.0

6,u£.0£.167.86,k6i.i

Approprli^tloDO by

Ooacnto

26$.0765.0

1.155.01.705.02.393-1

5.711.*

5.7U.II

Innot-

2.317.7U.6•7.1

a(.i301.5(ok. 7

1K*.7ltoh.7

IMA.

7

lipMAltarM

Totkl•zposAl'

19.3liT.li

1U.6275-6

669.6

S69.66IS.7709.3

Old-MObOMfItpoywato

5.'i

19.335.1

99.5209.

«

559.15*3.7

^\57«.«

B*1«bur««*oatfor

•dalolttratmoipoaovo 2/

12.3

12«.0

126.0128. I>

130.9

Bala

267.2

n7.2I.IM.^1.7W<.7

2.397.65.227.2*.268.55.W<6.(

;.W|£.I»

5.''79.1

5.751.8

ImoU••to

267.1662.3

1.177.21.738.12.380.63.201.6k. 236.85.k08.9

s.koe.s5.396.95.396.9

0—ipoaAid fcalMM*

:• an«r>SVa8

.1

113.0.1

.56.25.2

d-x16.1

57.53293

Is dlobiinlacofftosr'o

.1

1.9

IX10.82a.k

*•?Zl.k

21 .k

2k.725.6

Xkktlj Te»t*oxj ftatoaoati.Uoi Hub |;0,000.{nolodtfo trtBoaeilono offoet^A «nd«r \tm jr*4Aeo«oor 01A-i«o

looorro AecaoKt.Z/ Oidar SootloB 201 (f) of tho Boelol Ssoorlty let

of 1935. •

Table 2.- Railroad Retirement Act

(CvBoIotlvo fro^ orfoaliAtloD - lo •llllODt of dollaro

lal of flocal

jroar or aooth

•e^lpto

Tetolr«c«ipto

Approprlatloaob7 CoaffTOif

Intoroot ODInroataaato

Bxpoadltorao

>OD«fllpayaoaio

Bala

total laratt^ato

Oaa»D^««»d bal

Xa 0«a«ral

nadla dlokartlac

offlMr'o aeaaait

193619371938

}|8:::::::::::::;:::::::::::IJkl19k219kjI9k»

19kk JM^AI7katamX

Uallj' Tr«a«tir7 Stat<

Laoo ths 150.000.

k6.£k6.6

a:2

October 1944 15

Appropriations and Net Contract Authorizations for the War Activities Procrram^As of August 31 , 1044

DateapproTtd

PabUeLax So.

Title of act Approprlatloaa Hat contractoathorlaatlona 2/

77th Cos^raBa. ?lrat Saaaloa

Jab. 6, I9U1

Tab. 13, 191*1

Mar. 1. I9U1

Mar. 17, 19'tl

Har. 27. 19'tl

1. 19*1

5, 19'»1

5. 19U1

6. 19l»l

23. 19U1

Apr.Apr.

Apr.MayMa;Majr

May

191*1

31. 191*1

June 28, I9U1

jnne 28, I9U1

Jttne 30. 191*1

July 1, 191*1

July 3. 191*1

tag. 25, 191*1

Oct. 28. 191*1

Hot. 19. 191*1

Dec. 17. 191*1

Dec. 23. I9U1

1

913232528

291*8

71

7388

135136

139IU6

1502l*7

282

295

353371

Joint Beeolutlon (cBergencgr ihlp conetmctlon)Joint Beeolntlon (clothing and aqolpage - Var Departaent)Urgent Deficiency Appropriation Act. 19111

7oarth Snpplenental HatlonaJ. Defenee Appropriation Act. 19l*l.>.*

Defenee Aid supplenental Appropriation Act, 191*1

Tlrat >flciency Appropriation Act, 19>tl

Indepenlent Offices Approjtrlatlon Act, I9U2Fifth Sappleasntal Kation&l Defenee Appropriation Act, 191*1

Ha*ry Department Appropriation Act, 191*2

Var >partmeDt ClTll Appropriation Act, 19l*2

Additional Urgent Deficiency Appropriation Act, 19l*l

Treaenry Department Appropriation Act. 191*2

Jaetlce, State and Coamerce Departmanta Appropriation Act, 191*2.

Interior Department Appropriation Act, 191*2

Military Appropriation Act, 19U2Labor ~ Federal Security Appropriation Act, 19l*3 •

Second Deficiency Approffflation Act, 19HIFiret Supplemental national Defenee Appropriation Act, 19l*S

Second Supplemental national Defenee Appropriation Act, 19l*2:

(Title I)

(Title 11 )

Defense Elghvay Act of 19>*1

Third Supplemental Katlonal Defense Appropriation Act, 19l*2

Joint Beeolutlon (Var, Philippine relief, and defenae honaln^)..

Total, 77th Congreet. First Sasaion

t 313,500,000

16 Treasury Bulletin

Appropriations and Net Contract Autborlzatlona for the War Actlvlttea Proffras-^

Aa of August 31, 1044 - (Continued)

tkt* rubiu ntla or mc\ i^r«prtatloB« ftothorltalloBa 2/

TItb C«^r«tt. taooftd •••loa

U*. Ik.

October 1944 17

Cash Income and Outgo of the Treasury, by Major Classlf Icatlonei'

(In nllliont of dollars)

CASE IKCOMSBudgetary;

Internal revemio:

Inoome and proflte fcaxea

AnplOTBient taxes

Mlflcellenoous Internal revenue.

CuetomeOther

Sutitotal.

Trust funds , eto .

i

Unoaployment trust fund (deposits by States

and Railroad Betirement Board)

Trust aeoounts 2/

Subtotal

Total oaah income.

CASH ODTOOBud^tary:

Wot actlTltlesVeterans' AdulnlstratlonPublic work! 2/Aid to agriculture U/

Social Security program 5/Work Projects Adninlstratlon. .

.

ClTlllan ConserTBtion Corps

Interest on the public debt 6/.

Other

Subtotal.

Trust funds, etc.:

Reconstruction Tlnflnce Corporation:

Var actlTltlesOther

Commodity Credit Corporation

Unemployment Trust Fund

Federal Old-A^ and Survivors Insurance Trust

FundSflllroad Betirement Account

Other

Subtotal

Eedemptlon of adjueted service bonde.

Total cash outgo

EXCESS OF CASH OUTOO.

19113

tag.

.36k

310

729

363

3.00U

301

97

398

37502

ei

65

531

Sept.

U,765

3S31

257

5. 1*7

31110

lUa

5.589

7.588

305-39

5

lU11

-lUl

178

U,36U

.952

P69331*

291*

71

.303

kek

38218

2,069

1^6

173

27252

7.515

237-11

-32k

lU11

-12

7.727

2,135

.989U91*3

n572•

1176g

l.l»59

292

2,370

291

73

3*iTTlT

7.'«)7

225-30

37

3

1511

-15

2U7

7,65U

5,'*12

5'*1

1•

3570

7,S2lt

271*

-18

15U

-227

-29

7.795

5,061

,0l(0

583863'*

2lU

5.732

19UU

39111

1U9

5.881

6. 718

1*7

25

1*29

71

7.382

223-25

150U

1511

92

1*69

7.552

1.971

1.7271*9

U12Uo521

2.71*9

160

196

2.91*5

.138

523781

596•

5972

1,71*7

2.753

26U

U6380

5.91167

375U2181

7.505

20U

-35.

51

1511

-155

62

7,568

'4,623

7. 518

52305«

31*

1«

l40

76

7.839

217-17106

16

11

-50

193

8,032

Apr.

2.1*75

km

iS

6,575

18 Treasury Bulletin

GENERAL FUND OF THE TREASURY

October 1944 19

Assets of the General Fund of the Treasury

(In mllllonB of dollars)

End of flaoalyear or aoath

Bullion, coin,

and curr«nc7

Dspofllta inFederal

EeserTB Banks

Special depositsaccouat of salesof QoTernsentsecurities

(War Loan accoonts)

Other depositsand collections

19351936193719381939

19U019U1

191*2

19'*3

igitu

19l»3-An«ast

September

Octot)er

HoTemherDecember

19>A-Jan<iaryFebruaryMarch

AprilMayJune

JulyAugust

Source; Daily Treasury Stateaents.

2.016

2.9362.7092.'U9

3.087

2.0382,8123,W3

10.1U9

20,775

6,8U<

18

.8U5

.73't

19.83815.1*92

12.878

12,87319.72617.270

12.8969,lM*

20.775

22.51318.277

.01*1*

865.863

827.191*

87U98l*

897911820

905883

900908926

93791*6

933

890912820

807877

118862lUi

9291.022

251*

I.02I*

6031.0381.1*1*2

1.0761.538

1.0951.21*5

1.1*08

0981725U0

95U91*2

1.1*1*2

1.2691.215

7991.150

61*9

611

776

805661

1.6797.667

18.007

U.36215.676

17,28012.7709.91*2

io;3ii*

17.095ii*.306

10.51*6

6.76618.007

19.85015,693

5558

5552

95

10511*3

265

533507

501636

563569601

5235131*91

50652I*

507

492

Balance in the General Fund of the Treasury

(In millions of dollars)

lad of fiscalyear or month

Total

20 Treasury liullctin

Analysia of Change in Balance of General Fund of the Treaaury

^m sllUom* of dollAT* - l«t lBor«ft*« •r B«t 4acr««a« (-]]

Ckaac* tariM flxftl

tkUl•iMa* telM«*

foUl•ad «p««la•floovata

raklle 4*ktila

2/

Tnut•floovat*

Mtaaal-laaa««arn4t andaceavata

i/

1?5::::::::::H5T»»3«

1»J»

H»0X»WI9kt

}$2::::::::::

1»3 *aia«t...taytaafcai

Ocukar.

.

•*aakar.Daoaabar.

19M-Jamanr. •

Hkfvacy.Naf«k

%rtl"•»JaM

JalfA^aat...

-s

7W

10

•t.ZJlU.TJk

1.1J9

6.52-e.9»9

->.527

I.T56

-rfi9 6/l.0«7 1/

-70

-577

957

-997m

-».?5iU,79k

l.lj*

6.^

1.796

-3.S09

-U.5J0-J. 1*9-1.5*''

-5.5*«

-J.6U-9.103

-19.99*-99.

W

-*9.999

-l>.«96

-«.o«7

-9.>Mi-9.7W)-1.716

-*.«?5-9.599-1.99*

-».77?-9.5»*-«.57«

-9.9't7

-9.991

1.759 7/

«;72779* 7

2.^2*9.9?»i

M.«l6h.?7>i

6I1.307

2.95kU.291

6.697I.IU-zn

'i.7«l

12.>tlt«

1.601

2921.3991U.6J7

7.9701.229

6k5k

1911

29

57

u92lk«

-Si

92210

-262

90150

-201

12092

-599

10228?

1611

22209

Ik16

101

-2

160

91-170

225k«

657loa51k20ll

761

5k

-217

-k.k05

-Ikf-lk6

-k27

-169-551

-2,ooe

-«7-llM-8«

:J?

IkO

October 1944 ai

PUBLIC DEBT AND GUARANTEED OBLIGATIONSOF THE UNITED STATES GOVERNMENT

22 Treasury Bulletin

Analysis of Issuance and Retirement of Public Debt

(U aintaM af tollw*)

•r Moaik

^iklteU*\ nt-•lu4t*cm4 tt

ftMKl

aatt

la yakllafabt

tart asflaaal

raar araaU

rablle «abt raealpta(Itaaaac* af paklla «•»>

fatalCartiriaalaaaf Ia4ab»a«-aaaa. ipaelal

aarlaa 2/

Idjaatadaarrlea

pnfltatax rafvBd

baada

•paalaltaava

(latlla 4abl axpaadltarat

t »r pakllo «abt)

fatal

r«kllc taa«ia

Oartlftaataaaf la4abta«-aaat. apaelalaaHaa 2/

ahaa««a

(paetatlaaaaa

}?5:WJ7.

IW».

H>0.X»»l.

1$2:

Oetobar. ..

laraabar..Oaaaabar..

19>>k-JaBaai7...

Mbniary..Maroh

M.m36.^37.149te.bM)

ba.qiiT».»a

13«.i9i»i.eo3

l.SM5.0T«

7»0

3.179

19k}.tarut 1**.0M15«.3*9

1*5.*7M.litlS9.«T7

170.659in.107I*. 715

AprilIl*.967

Nv ' is£.3<6Jtaa

I201,00}

flT JO«.57'>

tti«nat 209.102

2j:2t

e».jo7

ll'.29l

6.S9T1.112-sn

<>.7ai2.wta1.60s

i92

1.J99lt.637

r.57o1.229

ij.wslb. 121

9.}«99.to13.0«k

13.16617.«»737.16k

122.632193.719

(.10k21.7k«

lb, 2(1

9.6(210.37(

9,Uirt

19,22610,395

10,3227.700

27.(37

12.16210.191

9.716

*.<n»6.l«k.77«7,»I79

lo!bl2

30.3«(|9k.96l

125.99«|

6,0(620,931

11,0?65.22(6,39(

9.23916.691(.019

5.1925.613

21,U06

11.U227.OI1I1

l,«9ika

1:

30317.911

"•91

••91

13k

1

5(

ikJk

37

kk

•5

6,96k2,97(1.7512,67k

3.039

2.(12

1.21l(.790

1.556

3.062

3.9S

•

2.127l.Jkb

k.903

l,6l(

2.911

kk(

l.k99

2.1992.967

J:JS9.(76(.118lO.kll

k62

326

162k21k37

209k07

350

203"36

6.39k

696911

11.kn?.0k36.9k3(.((1

9.(09

10.63(11.(9315.7035(.5V(9.»7(

7.5(kk.57010.660

k.66(

6.77((.7k6

10.0706.301

13.199

k.592(.922

k.309

303

k91

6.9<k

t.Vl.pi».67k

3.039

2.(12

U.79O

1.996

3.062

3.92

k.903

1.6l(

2.911

209

l.Okil.k73

2.1k62.(96k.lU

11916

11

11

11

bo11211

1211

6.22(

22U

Ikll7 Traaaarr (tataaaata.• ls9t than (500.000.

1/ bcladaa oartlfloataa of ladabtadnaaa.

2/

•paclal aarlaa.

Coaalata of apaolal aarlaa of oartiflcataa of ladabta^aaaa ta

dlractlj and aolaljr to fodaral Baaan

Coipoaltlon of the Interest -Bearing Pub^ .c Debt

k« af fla

f^mr ar aa

lataraat-baartit pAlle dakt astatandlac(Is BlUlaaa af (allara)

fatal

Plklia laanaa

Nwkat-akla

ia»-lukat-•kla

Markat-akla

aa-aitab-akla

Oartlf-taataa

af Bill

a

latakt-

(paalal1

Fareaat af lataraat-baarlas paklla dakt

total

fablle looaaa

UmU

Markat-akla

•arkat-akla

lataa

Iterkat-

aklaukat>akla

Oartlf-taataaaf

la«abt-la

MUa(paolaltaaMa

115::WJT..19)l-.

HJJ..

19*)..

IJIQ..

lite..

152::

19k}-dB«iat.

Oetobar..SoT««bar.DMaabar.

19kk-Ja

Aim.

27.6k9

32.9(9

39 .((6

k».n6k(.3S7

n.96(139.3(0199.9k3

lk2.721

197.05}

IS:9»97(1

1A.5OS

167.*31(1.709l(}.3k(

12:1^il99.5k3

!207.11720(.2S9

Ik. (7k

17. 3M20.1Jk22.0kJ29.klk

H.791JO.kii3(.2(157.71679.kkC

57.71669.00

6«.OS96(.ll66(.lko

6l.lbo7k.07(

73.009

72.72*72.73379.kfc0

n.29}(l.k}l

62 '. 10,0231,261 11,}S1I.IM 10.6171.996 9.1k7

2,191 7.2*3

lo!k9l 6.6(9a, 70k 9,l6(

J9.29( 17.k09

J166

0,17629,0(0

26.66727,316!7,9((

29,9773*,yo32, »6

33.1(333,67k

39.?9(

37r23737,9*

11,(7'

;$

11.99*U.59611,179

U,17913.30216.2WI

16.26}16.26917,k09

It.Oil1(,067

3 0157.k99

9.997

7,703(,(91

9.1099.27((.5(6

9.3(k10.2209.116

9.0929.0909.997

10.00010.0)0

3.09616.561tS.(22

17.k97

21.136

23.19923.10522.(>'5

22.^529.6(029.6SO

29.30629.2662(,(22

30.03930.001

2.30J1.19k

I.JOS

i.joa1.6032.50(

11 .(6k

Ik,7^

12,(k613.05k

15.OA13.07k

15.072

13.10113.lU15.1k7

13.19013.766Ik. 73k

19.9*k

19.719

U2

3.770

k.7796.1207.((9

10,(71lk,ct7

11,90711.717

11. (6(12,27(12.703

12.(7)13.16S1}.907

,697,122

,2(7

;2g

100.0100.0100.0100.0100.0

100.0100.0100.0100.0100.0

100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0

p6}. 7

lJ:i

5J:I

J9.(

ko.kki.(

kl.6kl.kkl.k

ko.(kO.(

39.(

39.6

J9.J39.

(

39.8

J9.1

.2

3.(

!:!lk.6

l(.017.7

16.216.0

16.}16.S17.0

U.lU.(17.7

u.ou.o

36.33k.9

29.729.0U.2

19.111.

(

u(.T

?:2

7.1

I:S

6.77.}(.9

(.9(.((.7

(.7(.7

k.t

u\^

9-*

9.69.69.0

2:Sk.(

k.(k.(

k.)

U.tIk.k

«.313.9

Ik.

2

Ik.O

U.9

13.7Ik.lIk.O

13.«

S:J

7.k

IX3.23.3

3.1

3.33.9(.(T.k

9.0(.3

(.07.97.9

7.(7.*7.«

7.27.k7.k

7.97.9

2.31.9k.3

7.)9.9

11.)It.fU.O(.0

T.I

(•J7.9

7.)T.97.7

7.77.17.k

u7.2

7.27.k

(awaai Mil/ fi iaaaij (tata

October 1944 23

Detailed Stateaent of the Public Debt and Guaranteed Obi Igrat Ions

of the United States Ooverrawnt

PARI A. - riSCAL XXAS8, 1935-19>Mf

(In llUont of doUurs)

Treasury Bulletin

Detailed Stateaent of the Public Debt and Guaranteed ObliKatlona of the United Statea Government -

•Continued)

PART A - riBOAI. YKAJU. 19)5-19^'^( CoatlniMd)

(b ailllow of dellan)

October 1944 25

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

(Continued)

PART B - MONTHLY DATA-( Continued)

(In Blllloae of dollars)

26 Treasury Bulletin

INTEREST - BEARING PUBLIC DEBT AND GUARANTEED OBLIGATIONSOF THE UNITED STATES GOVERNMENT

p36 -M tr -56 li 40 4i 48 43 44 Au»^

—

't^ »••* i*m ' —' i»41944

I93S 36 37 36 39 40 41 42 43 44 AtiaS "Cntf 0« Fi»Cfl< Y»or ' ©44

October 1944 27

Guaranteed Obligations Held by the Treasury ^^

(In millions of dollars)

End of fliesl

year or monthTotal

CommodityCredit

Corporation

FederalTarm MortgageCorporation

federalPul)llc Housing

Authority

Home Owners'Loan

Corporation

EeconatructionFinance

Corporation

TennesseeValley

Authority

19351936193719381939

igiio

19'ti

igita

W"*?19'w

I9U}-AugustSeptember

OotoherNovemberDecember

ISWi-JanuaryFebruaryMarch

AprilMayJune

JulyAugust

Souroei Dally Treasury Statements.

« Less than $^00,000.

3.655U.030

3.630883

273

lOU302

U,079

7.53510,717

7.1707.310

7. ''77

7.5607. 853

8. 0458.29s10.325

10.1«)3

10,62610.717

10.99311.312

10

iiwMoo

1,950900

700700

700800800

900900900

900900900

9001,000

263

366

676

697

so

ilk28339»

283S83

283283283

283398398

398398398

398398

3515SO

551as580

110

79

36

9

597

603607580

5U9

518

3.655i.030

sU3

7SO

S.53'*

5.0338,Ul6

6.OS!6,19s

6.U016.Un6.713

806

937697

7.7'*?

8.a9U8.U16

8,730

52

57575757

57

57

5757

57

57

5757

57

57

57

5757

1/ These securities are not included In ireceding statements of guaranteedobligations outstanding.

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

of the United States Government

(iaoVBts In llllona ef dollars)

End of fiscalyear or month

Public debt and guaranteed obligations

Interest-bearingdebt outstanding

Coaqjuted

annualInterestcharge

Computed"""1 rateof Interest(Percent)

Public debt 1/

Interest-bearingdebt outstanding

ComputedyTin„a1

interestcharge

Computed*"»^^«1 rateof Interest(Percent)

Ouaranteed obligations 2/

Interest-bearingdebt outstanding

Co^utedannualinterestcharge

Computedannual rateof Interest(Percent)

19351936193719381939

191(0

igUi19U219U319>A

19'*3-AugustSeptember

.

October. .

.

HoTember .

,

December,

,

19Mt-January...February .

,

March

AprilHayJune

JulyAugust . . . .

31.768

37.707lio.Ufi;

U1.U281*5.336

U7.S71*5'*.7l*7

76.517139. '•72

201.059

11*6.655

161,01s

167.701168.935168,732

171,312185,936185,606

185. 670186.1(03

201,059

208,585209,766

863970

1,01(7

i,o6b1,1'*9

1,8031,3351,7292.7593,868

2,8813,1'*9

3,2533,2833,298

3,35'*

3,6253,600

3.6063,6l73,866

1»,008

'',033

2.716

2.5732.588

2.5792.53'*

2.511*

2.1(38

2.

2.

2.260

1.9781.931*

I.96I*

1.956

1.91*0

I.9U3

1.95'*

1.9581.950

1.939

1.91*3

1.91*1

1.931*

1.9221.923

27.6U5

32.98935.80036.57639.886

'»2.376

1*8.387

71,968135. 580

19J,5*3

1>*3.7S1

157,053

163,589l6U,78ll6i»,508

167.01*3

181,709183,31*8

183,1*1318l(,87U

199.513

207,117208.289

8U5921*

91*7

.037

,09521861*1»

6793,8'*9

2,8023,070

173203217

27351*1*

3,567

3.5733.5983,81*9

3,9901(,015

2.715S.56S2.5823.5«92.600

2.5832. 5182.2851.9791.939

I.96U1-955

1.91*0

1.91*1*

1.956

1.9591.9511.965

1.91*8

1.91*6

1.929

1.9271.928

l.iss1»,718

k.m'*.853

5,'*50

5.U986.360i*.5U9

It. 0921,516

3,93|*3.96U

I*, 1131*,15U

1(.225

i*,269

1*,227

3,258

S,258

1.5391.516

1.1*68

l.'>75

lis

135133131lis

10911785SI

19

79

8080

81

8180

33

3319

19

1818

S.7302.6502.6332.1*98

2.052

1.978I.83U1.8611.9681.26s

i.9951.987

1-9381.9S81.912

1.901*

1.9031.1*71

1.1*1*9

1.2551.262

1.2281.225

Source; Dally Treasury Statements.

1/ Treasury bills are Included in Intereet-bearlng debt figuresat face amount, but for purposes of calculating the computedannual Interest charge and the computed rate of interest, thediscount value is used. For the purposes of compntli^ the

annual interest charge and rate of interest on United States savingsbonds. Series A-I are considered to yield 2-9<^ per annum and Series FIs considered to yield 2.53^-

2/ Ouaranteed securities held by the Treasury, and securities guaranteedas to Interest only, are not Included in this table.

28 Trcasuri/ HuUeiin

Maturity Schedule of Interest-BeartnK Public Marketable Securltlealaaued or Guaranteed by the United Statea ±j

Aa of Aug:uat 31, 1044

(I> llltoni tt dallara)

toa«rlpll«a tf ••««fil/ ij

aatall*« mul Mt«rl«tM

atmrltj!««• nrat

0^1

T*t«l Ittn

nn«-a*tmr1l7lainaa plui

oallkbls Isaoa*il««iiri*4 ^ /aar

af flrat Mil

taavaa plaae&llabia laaaaa

0l*«iiria4 a/ j«afaf ftwl BMarlty

•apttop*OM..BM..DM..

Nv.cMar..

Iter.

«*r.

Mar..MM.AMHi*..

DM..Dao..

Ijllfi^M.

Nar.Mar.J«MAmBm.

19»T-Jm.AaaAmt«*tlap*

Oat.Baa.

19k9-AM.

199>-Har.

T/»tli

7/H7/H

fatal.

ktlla (Ihrtaaa)

C«f ofladakt.l- 9/1/"* (9/15/M)TrMusiT aoia C - 9/15M (U/??/»)TraaamlT »•«• B - 9/l5/^ (l/JlAl)Ctf. of ln4«a« f - 10/1/>A (lO/l5/'»3)

Mf of ladabt. 9- 12/lM <l«/lAj)Traaaurr »aa4 - U/l5/'»M'» (l«/l5/»)

7/H Ctf. af laaakt

October 1944 29

Maturity Schedule of Interest-Bearing Public Marketable SecuritiesIssued or Guaranteed by the United States ^

As of August 31, 1M4 - (Continued)

(In olllloBB of dflll&r«)

Tearand

month

Deacriptlon of security 2/

(Date of Issue is shown In parentheses)

Detailed annual maturities

nzed-maturl tyIssues

Callable issuesclassified by year of:

rirstcall

rinalmaturi ty

Total annual Baturltlee

n IB d-maturityIssues plus

callable issuesclassified by year

of first call

?ixed-oaturltyissues plus

callable issuesclassified by yearof final mat^irity

1951-Mar.

.

June.June.Sept.Sept.

Sept.Dec.Dec.

.

Dec.

1953-June.Sept.

Dec .

Dec

l95^Mar...

June.

.

June.

.

1956-Kar.

.

Kar..

June.Sept.Sept.

1957.

1958-Mar.

.

Jiine.

1959-Sept.Sept.

2-3/M Treasury bond - 3/15/^8-51 (3/I6/36)2«J Treasury bond - 6/l5/»+9-51 (1/15/^2)2-3/U^ Treasury bond - 6/15/51-5^ (b/15/36)

2i Treasury bond - Sfl^/kS-^ (5/15/U2)

2i Treasury bond - 9/15/51-53 (9/15/^3)3)6 Treasury bond - 9/15/51-55 (9/15/31)2-1/U* Treasury bond - 12/I5/5I-53 (12/22/39)2% Treasury bond - I2/I5/5I-55 (12/15/Ul)

2i Treasury bond - 12/15/U9-51 (1/1^/^*2)

Total.

-Mar. . .

.

30 Treasury Bulletin

Maturity Schedule of Interest-BearInK Public Marketable SecuritleaIssued or Guaranteed by the United States 1/

As of August 31. 1044 - (Continued)

October 1944 31

Offerings of Marketable Issues of Treasury Bonds, Notes, and Certificatesof Indebtedness Since Decenber !» IMI

Dat*terai of

offartncvv

«nnottKe*d

Sato•ubiorip-

tlonbooksvercop«aed

Dtacriptlon of aecarlty

(Date of laaus la ahown In parontheaea)

Period to aatiultr

(Pariod to first callahovn la paranthaaas)

1/

Sarllaatdata

oa lAlohooaaarelal

%aaka

ay ownraatrletadlaaaaa g/

iBOlUtof eaabaabterlp-

tloaataadarad

Aacnut liBuad

Total

Is

•zelusc*for oth*r•onrltioo

(IB alUlOBa of dollwa)

IZA/IllisAAil/ll/US2/13/tekfS/kl5/U/l»2

5/25/U26/lg/>«T/sAsg/3/"«g/S/Ha

9/10/1*2

9/10A2lo/g/te

10/«A8lo/ae/Ua

11/30A2

1/21/U3

3/«A3

3/12A36/2TA3T/22A3

8/16A3

10/6/1.3

g/l6/U3

laAAiisA/iti

2/13A2k/6/k2

5A/1»25/HA2

5/25/1*2

6/18^27/g/l*2

g/3A2g/6/l*2

9/10^29/10/1*2

lO/gA?10/gA210/Z6A2

11/30A2

1/21A3

1*/12A>

1*/19A36/2gA3T/22A3

9/9A3

10/6/1*3

10/6/1*3

10/6A3 10/ 10/6/1*3

11/22A3 11/22A3

11/22/1*3

l/2l*/l*l*

3/2/1*1*

3/2/HU3/2/1*1*

3/22/1*1*

U/2lt/l*l*

l*/ll*/l*l(

7/20/1(1*

g/2l*/ltl*

g/2l*/ltlt

9/20/lrt

l/lg/¥*

l/2U/ltl*

3/2/1*1*

3/2/1.1.

3/2/11*

3/22/1*1*

U/2t*/ltl.

6/12/Ul*

7/20/1*1*

g/2i*/iat

g/2i*/ia*

9/25/lA

2-1/251 Troai. bond - 9/15/67-72 !»/ (10/20Al)^ IroM. Vind - 12/15/51-55 (12/15AI)2)8 »r«a«. tiond - 6/15/69-51 (I/I5A2)2-l/l*)t Troao . bond - 6/15/52-55 ( 2/25/1*2)

1/^ Oortl float* - U/1A2 (1»/15/1*2)

2-l/a){ Jraaa . tund - 6/I5/62-67 ( 5/5A2)2)( Traaa. bond - 9/15A9-51 (5/15/1*2)1-1/2* Troaa. note - 12/15AS (6/5A2)5/g5t Oaptlfioata - 2/lA3 (6/25/1*2)ajt Iraaa. baad - 12/15/1^-51 (7/15A2)2-l/?jt Troaa. bond - 6/15/62-67 1*/ (5/5A2)7/g)l >rtlfloata - g/lA3 (g/l5A2)l-l/l** Troaa. nota - 3/15/1*5 (9/25A2).65)1 Oartlfloato - 5/lA3 (9/21/1*2)

^ Troaa. bond - 3/15/50-52 (10/19/1*2)l-l/2)S Traaa. nota - I2/15A6 »/ (6/5A2)7/8)t Certifloata - II/1/H3 (11/2/1*2)

First War Loan seourlties2-l/2j{ Traaa. bond-12/l5/63-6g (12/1/U2)l-3/l*)t Traai. bond- 6/l5Ag (12/1/1*2)

7/g)( Cartifleata- 12/lA3 (12/lA2)

30 rr.9

9 7r.513 jr.l*

7

25 /r.l

? jr.l*

Hrr-e7

(25 J'r.9 «) 5/(10 JT)

(7 yr.S )(10 jr.l* )(20 yr.l )(7yr,l*.)

9 jr.S " (7 7r.5») ,,2l* yr.lO (19 yr.lO a) 6/1 jr2 jr. 6 a

7

9 7r.5 (7 7r.5«)

1 J»

7/(!( Oartlflcata - 2/1/1.4. .(2/1A3)

S-l/ajt Traaa. bond- 6/15/61»^69 (1/15A3)

van eartlfl•aa. bond- 9/15/50-52 (lt/l5A3)rtlfloata- U/l/W.T (1/15A3)

7/«« Oartlfloata - 5/1/1*1* (5/lA3)l-l/2){ Traaa. aata - 9/15/1*7 (7/12A3)7/»)t Cartlflaat* - g/l/W* (g/2A3)

Third War Loan aeourltlcs2-l/a)t Traaa. bond-12/15/61*-69 (9/15/1*3)It Troaa. bond- 9/15/51-53 (9/15/1*3)7/l»|t Oartlfloata- 9/l/Mk (9/15A3)

7/8* Oartlflcata2-1/2* Traaa. bond - 12/15/6U-69 k/ (9/15A3)H Traaa. bond - 9/15/51-53 5/ (9/15A3)7/8* Oartifioato - l2/l/iK (12/lA3)

Fourth War Loan eeeurltlaa 11/2-1/2* Traaa. bond- 3/15/65-70 (2/l/W.)2-1/1** Traaa. bond- 9/15/56-59 (2/l/Hl*)

7/8* Carttfleata- 2/lA5 (2/1/'*'*)

26 TT5 y.61 yr

lyr

26 7r.2

9 7T.51 JT

1 jr't jr,21 JT

26 jr.310 jr1 JT

26 jr,2

9 JT.ll1 JT

.90* Troaa. nota -

2-1/2* Traaa. bond -

2-l/l(^ Traaa. band -I-I/2* Traaa. nota -

7/8* Oartlfloata -

7/^ Certifloato -

3/1/te...... (2/1/Ul*)

3/15/65-70 i/ (2/1/Hl*)

9/15/56-59 i/ (2/l/W.)9A5/W (3/15/)*)'t/l/'»5 (Vl/HU)5/1A5 (5/l/W>)

26 jr.l

15 JT.7 «1 JT

1 JT.l26 JT

I 15 jr. 6

I * JT,61 JTIJT

(21 JT)

(a jT,2 )(7 jr.5 )

(a jr.3

jg JT)

(a yr.Sa) 3/(7 JT.ll b) 2/

(a jr.l b)(12 jr.7 b)

(a JT) 12/(U JT.6V) 12/

Fifth War Loan seourltles 11/2-1/2* Traaa. bond- 3/15/65-70^/ (2/1/1*1*)

2* Traaa. bond- 6/15/52-5!* (6/26/1*1*)

1-l/lt* Troaa. nota- 3/15/47 (,6/t6fMk)

7/8* Oartlfloata- 6/I/U5 (6/26/1*1*)

7/8* Oertificata - 8/1/1*5 (g/l/'*'*)

7/8* Oartlflcata- 9/l/'»5 (9/1/'*)

1* Traaa. nota - 3/l5/llfi 4/ (U/lAD7/8* Certificate- 10/l/l*5 (10/l/l|»l)

25 JT,9 B10 jr2 JP.9BU B

1»TIjT1 jr.S M]X/1»T

(20 jt,9b) 12/(gjT)

5/5/52

5/5/52

12/1/52

4/15/53

9/15/53

9/15/53

9/15/W

9/15/56

2/1/54

6.979l*,72g

l»;697

3.062882

3.283

3.*91,2363.2733,6371.9921,9632, 11*8

3,105

2.8313,3615.181.

e,uo2

3.76212.75712.895

19.51*1*

5.»8l*

3.7795.257.,122

5.391

2.a23.7285.01*8

2.9095.825l.9l>g

'*.77<>

1.120

533i.oii.

1.5111.507882

1.2921.U81.5882,0981.2361.6091.606

1.5061,9632.1122.035

2.8313.0623,800

2.211

3,762'*.939

5.251

1.6552.7072.5I5

3.7795,2571.122

3.51959

2.7293.5I0

2.212 11/3.728 11/5.OI8 11/

2,127

77

3.7I8

1.8771.615

2.909 11/5.825 11/1.9'« U/1,770 u/

2,5113.691

788

IS/

.120

533

1.5111.507

8821.292

1,5882.0981.2361,6091.6061,5061,9632.ll22.035 8/

2,8313,0623.800

2,ai 8/

3.7621.9395.251

2.707989

3.7795,257'*.122

1.580

1.627

2.212 U/3.728 11/5.0lg 11/

2,909 11/

5. gas 11/1.9llg 11/

1,710 n/

1,011

l,llg

1,655

'i.556

1.93959

1.1023.5IO

2.127

77

3.7I8

1,8771.615

2,5U3.691

Jgg

15/

2/

IB the case of the reopening of a prerioualy offered aecorltx, thaperiod to first call aad to maturity are ealcnlated tren tha dateintereBt eomiDeiieea on the reopening.Bestrleted loaoaa are those vhlch comcierelal hanka (defined for thisporpoee aa banks vhlch accept demand depoaite) are not permitted to

acfpilre parlor to a speeiflad data, with two exceptional (1) o<uunir-

rently vlth tha Tonrth and 7ifth War Loans, conmeroial baafca varapemltted to sabscribe to the restricted Israe offered in the WarLean for Xlslted InveBtment of their asrln^ deposltai (2) coDnar-eial baaka aay teaiporarlly ac^ialra restricted iasues -thrtniigh fore-elosnra vheu soch issnea hsere been used as oollataral,Conalata of all public caah Bnbecrlptlons sad of aabeorlpfelona bytr. S. OoTemnent agenclee and tmet Amds.fiaopanln£ of preTionslj offered aeeority.Interest conmancad on Daoaahar I3. 19^1.

iii/

Intareet eonmaneed on An^ost 3* 13^^lateraat eo^Mnead on October 15. 19^2.laauad prlBarlly to refttnd Batvrlnc aaenrlty.mteraat oossaaoad on October I3, I9U3.Aanaonooaant of exchan^ offerin£ was Inelndad in aaaonnoeaKait ofThird far Lean. in«njt 16. 19^3.rigorea on SBormt of Var Loan seonritiea laauad oonalat both ofaaoonts issaad in oonnaetleoi vlth tha IMre, and of iBOttstfl laaoadcoaDorrently vlth DrlTa to IT. S. Qeramaant aceneles and tmat ftinde

aad to eouwralal baaka.latareat eoaaanoad an March I5, IS''^-

Intaraat ooaaenoed ea Jtena 26, I9W.Intareat coanenoad on Sapteabar I3. 19U1(.

Aao«mta not yat crai labia.

32 Treasury Bullet in

Dltpotltlon of M«tur*d KterketabU laauea of Treasury Bonds, Notes, and Certificatesof Indebtedness aitd Securities Guaranteed by the United States Since Dece«ber 1, IMl

r«fu»4ta<

trvAMCtloa. or

«f r«tlr«*«atfor o«ok

traaMelloa

D»«erlptt»a of a*ll«4 •r aaturlicooo<rll7 1/

(IlkU at ton* lo ohOTim ! p«f«ath*oat)

iarat of

twlator e*ll*4ooenrltf

aviataatlat

for Mtkr»«lr«Mal BkaacM

fore oataanhai^a^

Daoerlpltoa of aawaaamrltf affar*4

(I» alUina of dallva)

lAi/kl

«/V»»

10/15/W

U/l/M

2/»/»3

Vl/k3

6/15/»3

7/i5/'»3

1/2/03

9/»5/»3

10/15/113

lo/«/*3

W/i/*3

lS/l5/''3

2/1/1*

2/VWi

3AJ/»

O/l/Wi

j/i/w>

•/!/*»

9/l/W»

»AS/»

10/iM

l-3/0( TTMa. aoto7/Sil UC BO to

Jf rTMC koa4?-}/H HMC keal

- S/li/"* (S/15/3T)- X/lVOs (»/lV39)- l/15/<»2-*T (1/15/39)- J/l/iwUT (3/J/35)

ToMlo for *aEkaa«< IruaaaUu af 1/15/le..

2-1/H lOlC kcadIf IK sata

7/»/>ii-Wi (7/1/35)7/l/«W (U/10/J9)

Tatala for oiebaaco Iraaoactlaa of 6/5/lt2. ..

if Trwa. aai* - 9/15/W (9/15/5T)

7/rt IK aalo - 10/15/I« (k/lT/W)

l/ii Carttflaala - ll/l/>« (k/H/**)

l-3/»# Traaa. aota - l?/l5/>« (12/15/37)

5/i« Cortlflo.to - ?/l/H3 («/«/*8)

5/1* rroM. Mto - 3/15/l'3 (3/15/01)

.6* Cartlfloata - 9/I/O3 (9/a/0«/3/*» oec aata - 5/1/^3 («/l/0O)

Totala for axobAAffa traaaaetloa af 5/l/03>>*>

3-3/««

l-l/««

1-i/rt

7/«

1*

Tra«a. boad

Tra*a. aota

IPC aata

Cartlfteata

rr««a. aota

3-1/14 Trwa. boad

7/rt

7/*

l-l/»«

Cart Iflotto

CartlfloKta

Tt««o. aoto

1-3/H ntA aota

7/rt Cvtlftoata

3-1/W TWC boad

It mC boad\t UC aata

;< KLC boad

}-\fH Traoo. boad

if Traao. aota

3/^ Trooo. aota

lOtala for a;

6/15/OVI17 (6/15/27)

6/15/03 (6/15/3«)

7/15/03 (0/17/01)

«/l/03 (I/15/02)

9/15/03 (6/15/00)

10/15/05-OV (10/15/33)

11/1/03 (11/2/oe)

12/1/03 (12/i/oa)

12/15/03 (12/15/38)

2/1/011 (2/1/39)

2/1/00 (2/1/03)

- 3/15/01I-6I1 (5/15/30)- 5/15/00-lH (5/15/30)- 0/n/Wi (7/3/01)- Vi/oit-w (5/1/3O)- b/i5/lA-06 (O/16/3I1)

- 5/15/00 (11/1/39)- 6/15/00 (6/15/3C)

ruaaotloa of 3/15/M..

7/f» OartmaaM - */!/*» (O/I5/O3)

7/«» Ontlflut* - 5/l/OI» (5/1/03)

7/S» e«rlinoat« I/l/O* (•/2A3)

1/H Oartmeot* - 9/I/OO (9/19/03)

3/Of troM. aota - 9/15/00 (l/3lAl)it rrMo. aota - 9/15/00 (li/K/39)

Tatkla for aiehoaca traaaaetlas af 9/l5/Ok.

.

7/* tin* - lo/i/o* (10/19/03)

l>26

31023*103

1.079

1.151

302

320

1.907

232

1.9"

66

1.9062B9

1.799

629

320

1.609

279

1. 001

2.039

3.M»

on

Ilk

2.ai

99•39571779.519

Si

0.730

5.251

1.699

2.9>9

0.122

6392*3

9U

3.919

202

51

7

60

33

30«

320

1.907

232

1.5M

66

1337

ll«

050

629

320

93

279

20O

96

260

081

Ilk

10

19IJO12

J5

iS

no

37»

00

30

oa

339«

IJO

2/

kO^i

30*

12

l.Olk

fii£

871

l.Ut

1.3732S2

1.699

1.996

1.161

1.939

3.900

2.127

76

709

270

3.920

0.fT7

1.615

2.9U

3.«90

(021«

9999•7

93

9799

97

9191

92

97

•3

99

93

so•k

9«7«n

•3

93

9«

99

90

at

1/

'it Trooo. baad - 6/15/k9.^

[l-l/If Traaa. aota - U/15/06

7/af Oartlfloata - 5/1/Ok

7/Sf Cortlflaota - l/l/kk

f 2-1/2* Trau. boad - 12/15/6k.^

\ tt TraM. boad - 9/15/51-93

7/Sf Cartlftaata - 10/1/kk

l/tt Cortlflaata - 12/1/kk

.90* Trooa. sola

2-l/k< Traoi. boad•Z-l/H Trooo. boad1-1/2* Traaa. aata

7/l»

7/*7/W7/i«

Owtlftoa**

Oartlfloata

Oartlftaato

Oartlfloata

Trooa. aata <

3/l/k9

9/15/5*-993/15/69-709/15/k«

0/l>9

9/1/05

•/I/O5

9/1/O9

3/15/06

T/lf OtrttftaaAa - 10/lA9

•atat tha H traaaijalllloM. kara I

of 190k-5k a«tataadla< la tk*Qlod for rodaaptloB oa Saeoabor 15

It of I1.0J7,I90k. i(

OrlctaAl 0*11 «Ad aAtmrltj «•••• ar* «m4.

October 1944 33

Offerings and Maturities of Treasury Bills

Table 1.- Description of Treasury Bill Offerings and Amount of Maturities

(Aaoonts In lllloni of dollars)

BKto ofloan*

Sotertptlon of b«v iara»

Matturlty

(Uta

VuB^r ofdaji toatari t7

AaooBt ofkilt

taadarad

iBoimt of bida aooaptad

Totallaonnt onooapatltlTO

taala

iaonnt onflxad-prloabaaia 1/

Aaoont ofatorlacliaua (aaof dataihova In

first ooloBi)

total Mllaoatstandlnc(aa of dataihown In

flrat oolnfln)

19U3-iiic. k.

tag. 12.

in*. 19.

lag. 26.

3apt. 2.

Sept. 9.

Sapt. 16.

Sapt. 23.

Sapt. 30.

Oot. 7.

Oct. lU,

Oot. 21.

Oot. 28.

lOT. k,

Hot. 12.

Sot. 18.

loT. 26.

>o. 2.

Sao. 9.

Deo. 16.

Sao. 2}.

Dae. 30.

19W«-JaB. 6.

Jan. 13.

Jan. 20.

Jaa. 27.

rab. 3.

hk. 10.

»»b. 17.

Tab. ik.

Kar. 2.

Mar. 9.

Mar. 16.

Mar. 23.

Mar. 30.

tfi. 6,

itr- 13.

Apr. 20.

Apr. 27.

Ma^ >».

M17 11.

Ma7 18.

Majr 25.

Ana 1.

JNua I.

Jana 15

.

Jona 22.

Juna 29.

Jalj 6,

July 13.

Jttljr 20.

Jttly 27.

tag. 3.

Aa<. 10.

Aa«. 17.

taig. 2U.

tag- 31.

I9U3-H0T. k.

lOT. 12.

HOT. 18.

Hot. 26.

Sao. 2.

Sao. 9.Sao. 16.

Dio. 23.Sao. 30.

19ltlt-Jan. 6.

Jan. 13.Jan. 20.

Jan. 27.

Iiob. 3.

Ikb. 10.

I*b. 17.lab. 2't.

Mar. 2.

Mar. 9.

Mar. 16.

Mar. 23.Mar. 30.

i^. 6.

Apr. 13.tpe. 20.

Ajr. 27.

May >t.

May U.N<7 18.

May 25.

Jona 1.

Jaaa 8.

Jana 15

.

Jaaa 22.

jana 29.

Jaly 6.

Jaly 13.Jaly 20.Jaly 27.

tag. 3.

tag. 10.

tag. 17.tMg. 2k.

tag. 31.Sapt. 7.Sapt. IH.Sapt. 21.Sapt. 28.

Oot. 5.Oot. 13.Oot. 19.Oot

.

26.

Hot. 2.

OT. 9.oT. 16.

HOT. at*.

Hot. 30.

929291

92

91

9191

9191

91919191

91909190

9191919191

91919191

91919191

91

91

919191

91919191

91919191

9191

9191

91

91929191

9191919291

I.I1O8.9

l,Ul9.0I.U20.5

1.277.9

1.177.61.281.21.535.61,498.8

1.337.7

1.239.51,18U.8l,'tl3.9

1,286.5

l.l'«2.7

1,2'»7.1

1,221.61,621.6

1,5^.01,69U.3

1,815.01.791.71.771.8

2,255.52,173.72,273.52,291.5

2,1(59.2

2.551.62, 311*.

9

1.979-2

2,151.52,1*50.7

2,095.12,116.71.976.7

1.997.81,927-72,028.W2.131.1

2,l't9.7

2,172.72,170.21.95«.'»

1.887.11.990.12.193.92,173.82,308.9

2,215.12,0U2.32,07'».3

2,l77.'t

2,010.>«

2,001.12.033.'*

1,851.61,831.6

1,00^.89911.7

1.005.31,002.3

1,001.81,OOU.91,008.61,017.71,003.0

1.006.9l,00l».7

1,000.81,008.1

1,002.61.00l».7

1,001.31,008.7

1,006.1,011,1,000,

1.005.1,011.0

1,01>».8

1,000.21,017.21,016.9

1,002.31.005.71,012.71,007.7

1,007.H

1.035.51.016.11,001.11,009.7

1,007.71.01U.5l,013.H

1.015.9

1,017.11.206.91,206.3l,2lll.l

1.215.31.202.61,201.01,211.61,207.8

1.216.31,203.81,206.61,214.1*

l,2ll*.l

1,210.91,205.81.209.91.210.2

91*8.5

932.2929. >*

93* -0

942.3950.6932.2960.5963.2

9551951-3928.9960.3

935.2929.1

927.3930.5

962.5967.69?U.4

.0969

966.9U2.

957.

7

8

7950.0

930.7927.8961.3932.5

936.3969.5951-1937.1956.5

960.7959.0959.5961.3

966.61.1U8.01,11*7.0

1.157.1

1,161*.

6

1,150.01,168.71,156.51.156.9

1.167.'*1,11*9.1*

1,11*6.9

1,158.2

1,156.61.150.31.163.71,11*8.1

1.153.2

57.662.5

76.6

77.359.8

51.953.671.867.8

67.575-676.078.1

63.963.865.860.71*1.9

1*8.1

57.6

66.9

71.677.871-1*

75.2

71-166.065.1

63-955-2

67.

55.

56.

56.

50.559.059.357-0

50-752.652.355-152.9

U8.851*. 1*

59.756.2

57.560.662.061.957.0

901.8907-0907-8905.1*

906.09O8.7

1.000,51,006.11.005.8

1,003.11,001.21.003.7i,ooe.8

1,005.8996.7

1.005.31,002.3

1,001.8i.oou.91,008.61,017-71,003.0

1,006.9l,00l*.7

1,000.81,008.1

1,002.6I.OOU.7

1,001.31,008.7

l,006.l*

1,011.1*

1,000.21.005.51,011.0

i.oiu.s1,000.21,017.21,016.9

1.002.31.005.71,012.71.007.7

1.007.1*

1.035-51,016.11,001.11,009.7

1,007.71,011*.5

1,013.61.015.9

1,017.11,206.91,206.3l,2ll*.l

i,a5.3

2.563.8651.5769-0

.2,81*6.0

.2,91*1.8

3.038.03,oM6.2

3.057.83.054.1

3,058.93.062.6

i'.om.i

,3,061.

3.071.3.067.

3.073.

3.078.33. 081*.

8

3.076.33,061*.

2

3.072.2

3,080.1,075.6,092.0,100.9

3.100.53.101.53.113.03,112.0

3.113.03.137.13.153.13.168.S3.167.3

3.11*0.1

3.156.1*

3.150.73.169.7

3.16U.5

3.365-83.559-33.765-8

3.973.7.6,11*0.8

6,325.71*.536.2l*. 736.1

4.963.05.132.35.325-65.523.9

15.720.9.726.9.726.3,720.1

15.715.0

Sooroa; Data on aav iBiuaa ooaa froa Pablio Dabt Sarrloa; aaoont ofatnrlac laaaa and total bllla oatataadiac ara on Qilly Traaa-axy Stataaant baala.

Baok n^araa: laaaal Baporta of tha Saoratary of tte Traaatffy.r ItoTlaad.

1/ Tandari for bllla In tha aaoant of $100,000 or last froa any ona

biddar ara aooaptad la full at a flxad prioa of 99.905 por hoa-drad. Thla praotloa ooaaonoad vlth tha offarlns of Traaaorybllla datad May 12, 191*3.

3"* Treasury Bulletin

OfferlnRa and Maturities of Treasury Bills - (Continued!

Table 2.- I»rlce8 and Rates of Treasury Bill Offer InRs

Sal* of

liaM

Totkl Mda UMplat

AwrM"prle*

p«r taaa4r«d r*l* 1/

tttm kt«« MMft^d

n» Lw

lmadT«d

l^tTalaatr«l« P"

boadrvdr>l«

19*J-JM

October 1944 35

Sales of United States Savings Bonds

Table 1.- Summary of Sales and RedoBptlons, by Series

(Ib nilllonB of dollarfl)

ritcal yearor nonth

Aboantout standing

end offiscal yearor month 1/

Bet changeduring

fiscal yearor Bontb

Sales

Total

Sales to

lovestorsother thanconnerclal

banks

Sales to

commercialbanks

Accrualof

redemptionvalues

Bedenptions

Originalpurchaseprlco 2/

Intareataccrued

2/

All Hrlaa j/

19351936

193719381939

19MO19U1

igits

19'>3

19W1

19U3-l>igiut

October...loTeaber.

.

Dtceaber.

.

Vebnary. •

Mweb

iprllHayJane

JulyAu^Bt . . .

.

62.0316.1

799.6.237.7g6g.l

2,90>».7lt,3llt.O

10,188.2

a. 256.

2

31*. 606.1

22.693-52U.lt78.*

26,056.026.697.027.362.8

28,901.031.515-231.973-8

32,1*96.8

32,987.03U, 606.1

36.537.836.883.5

62.025't.l

*U83.51»38.0*630.5

+1,036.6l.'«9.35,8711.2+11,068.0+13.350.0

+663.3+1.78H.9

+1.577.6+6IH.0+665.8

1,538.22.61U.2

+ii5«.6

+523-0+U90.2

+1,619.2

+1.931-6+3'*5.7

62.62611.0

512.61*87.5

6gU.5

1,108.71,U92.1»

5.99l»-l

11.788.715.1*97-7

801.

7

1.926.6

1,708.2798.1853.0

698.1*

781-5709.1

738-5750.6

I.8U2.2

2,125.1602.lt

V

i

1.1*92.«5.99i»-l

11.788.715.139.5

801.71.926.6

1.708.2798.1853-0

1.505.1*

2.700.9705-0

737.071*8.

U

1.765.1*

2.089.0600.0

i

y

358.1

193-080.6i*.l

1.52.276.8

36.12.1*

1.27.2

17.128.0

1*2.1

65.087.5127.6223-2

13.613.6

I3.H19.6

27-717.517.6

21.6I8.52I..5

33-521.9

.511.2

36.266.682.0

111*. 3IU8.I207.

U

81*8.3

2,370.9

152.0155-3

llt3-7

170.5206.9

187.8181*. 8

268.1

237.1278.92U7.6

226.9278.7

-511.1

65.680.0

110.811*2.8

200.98UI.3

5/

151.2I5U.I*

IU2.9169.6205.9

186.7183.

7

266.8

235-8

5/

^

-31.12.0

3.5

n7.0

5/

.8

.8

.8

.91.0

1.11.1

1.3

1-3

^

19351936193719381939

191*0

191*1

191*2

191*3

191*4

19l*3-Aiicuat

September.

October. .

.

HoTember.

.

Becenber.

.

191*1*-January...Tebruary.

.

March

i^rll•tay

Jtua

Julyisfuat ...

6r

31b. 1

799.61.237.71.868.1

2.90U.73,650.23.6oii.2

3,608.03, 621*.

8

3.615.3.615.

3.615.63,6ll..7

3.616.3

3.623-33.62l*.2

3.62U.9

3.62U.83.622.93,62U.8

3.632.73.63l».2

+62.0+25l*.l

1*83.5+U38.O+630.5

+1,036.6+7i*5.5

-1*6.1

+3.8+16.8

5••3

+.1

+i:l

+6.9+.9+.7

-1-9+1.9

+7.9+1.6

62.626U.0

512.61*87.5

68U.5

1,108.7828.0

.8

.1

.1

i

y828.0

.8

.1

.1

i

y

1.27.217.128.0

1*2.1

65.085.992.096.0

7.67.0

6.35-17-7

13.87.87.2

6.5

5-38.2

11*. 78.1

•511.2

66^682.0

36 Trfosury liulletin

Sale* of Unttsd State* Saving* Bonds - (Continued)

Table I.- Suaaary of Sales and Hedenptlona, by Serlea

(U ainioat af toltu-t)

(Continued)

•r Kslkiurtac

or oftib

I^M

taul

Islai to

lBV*aler«etbar IbAscoaMrclal

b«ak«

o«i TatalOrlclMl

prle* 2/

UIOTM*

Uritt I

taplaabcr.

Ootobvr. .

.

Bov««b«r.

.

OaCiBbwr.

.

fabraary.

.

Huah

ft-*-

i3!t2o!o

3.<70.fU.M(.(n.tik.i

o.t1.0

u.m.t19.X*.7l».95T.t

iS.ni.ou.au.TI9.l«9.«

H.5».«19.9T9.5

a.sjt.j

»»j.x•J.WT.T7.6l?.«•9.131.?

•9}«.il.*«9.»

l.»«l.5•WJ-l95i.5

9JJ.t1.9J0.I

•}Wb.l

tlOT.O

3»-T1.1*5-3

5.WS.3l.iTl.JU.flS.T

l.koo.z

009.

J

T2T.6

l.OM.i2.102.3579.1

foj.7fek.}

l.3»^.«

1. 6*6.5

3.5».31.271.3

11.•19.7

661.2l.kOO.2

l.JllO.l

565.}727.6

1.0«U.6

2.102.3579.

«

1.3*9

1.6*6

199

1.9

iS:i

October 1944 37

Sales of United States Savings Bonds - (Continued)

Table 2.- Total Sales by Series, Classified by Denominations

fiscal yearor month

Sal«B In mllliona of dollara at lasue price

Totalall

denomi-nations

Denomination

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

Percentage distribution of sales

Totalall

denoml-natlona

Denomination

$10

1/

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

I9UI 2/.19U219U3....19I44

19U>Ai^:astSeptember.

October. .

.

HoTember.

.

December.

.

igUU-January. .

.

Jebruary.

.

March

i^rll.May...June.

.

July. .

.

Au^et.

203.1

3.526.38,271.3

11,819.7

661.21.1(00.2

I.3IW.I

665.3727.6

l,08l*.6

2,102.3575.8

605.762U.3

l,3'»9.8

1.686.5499.1*

lU.U615.6

2,988.2U,lU9.1

290.8

376.5

39t.3

303.0328.7

3''2.9

5U8.927U.3

291.3305.91102.2

526.5221.8

13.3341.

5

1.081.01,61*2.5

102.1

158.8

173-7108.3II7.U

lUO.B2U7.5102.9

106.7110.

g

171*. 2

2l4«.g

89.8

1*1.1*

812.

7

l,713-«2.583.5

125.631*0.1

127.3lUo.i

224.6508.7125.3

107.6111.2309.0

384.1

95-9

40.7

636.91.007.31.396.9

60.1220.5

190.354.260.4

135.2312.029-7

40.3

39-9186.9

216.435.6

93-lt

1.119.51,481.02.047.8

82.6304.1

246.972.481.0

241.1

277.5

309.251.7

100.

100.0100.0100.0

100.0100.0

100.0100.0100.0

100.0100.0100.0

100.

100,

100.0100.0

7.1

17.536.1

35-1

44.0

26.9

29.445.645.2

g.626.1

47.6

48.149.032.6

a;

6.5

9-713.113-9

15.411.3

13.016.316.1

13.011.817.9

17.617.812.9

14.818.0

20.4

23.020.721.9

19.024.3

25-019.119.3

20.724.221.7

17.717.S21.6

22.819.2

20.018.1

12.211.8

9.115.8

14.28.1

8.3

12.514.85-2

6.76.4

13.0

12.87.1

46.0

31-717.917.3

12.521.7

18.410.9ll.l

22.223.17.6

9-99.0

19.9

18.310.4

Series T

1941 2/.191*2 2/-1943....1944

—

1943-Avignst

September.

October. .

.

loTenber.

.

December.

.

1944-January..February.Kueb

April.May...June.

.

July . .

.

Ao^at.

66.7434.9757.9802.2

28.1139.0

93-123.424.1

126.8157.422.9

19.

15.

115.

101.

17.

1.34.0

5.6

.2

.6

.8

•3

.3

.4

1.1

19I24.824.9

1.1

3.7

3.91.31-3

2.0U.71.1

.9

.8

2.8

3.0•9

2.0

27.540.640.9

2.07.5

6.4l.g1.8

3-37.1

1-5

1.21.0

5.71-3

13.2123.6210.1213.3

9.8DC.:

30.78.78.5

17.8

6.14.7

28.5

29.95.8

12.391.7

170.2162.7

6.536.2

19.5U.9

5.0

17.728.3

3.93.0

2l|.2

22.33-7

38.3171.13O8.3

354.8

8.544.8

31.76.5

7.2

85.682.58.9

6.95.5

54.1

39.45.9

100.0100.0100.0100.0

100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0

• 3

5.7

.7

.4

.9

3.7

1.5

1.41.6.6

.8

1.4

1-3i».5

3-33.1

3-92.7

4.2

5-35-2

1.63.05.0

4.6

5.32.5

5-1

7.25.'*

6.8

7.8

7.5

2.6it.S

6.4

6.26.84.2

5.67.5

19.828.4

27.726.6

34.8

33-3

33.037.1

35-2

14.1

a.

4

28.8

31.530.624.8

29.632.4

18.4a.i22.420.3

23-026.0

21.021.021.0

13-918.0

19.6

20.419.621.0

22.0a.o

57.439.440.744.2

30.432.2

3it.l

27.529.7

67.552.438.7

35.9

46!9

39.032.9

Series

1941 2/.19421943....1944

1945-AugustSeptember.

OctoberHorember. . .

.

DecflBber. . .

.

1944-JanuaryFebruary. . .

.

March

April.May...Jnne.

.

July. .

.

Au^st.

39>t.6

2.032.12,759.52,875.6

112.4;«7.H

274.9109.4101.4

4«6.9

521-7110.3

113.5111.1

377.3

337.585.3

4.850.981.

5

108.8

4.617.3

4.8

11.0

19.54.0

4.04.0

14.4

14.63.6

11.2113.0188.

7

249.6

10.538.7

30.311.110.0

28.042.5

9.5

10.310.0

33-8

34.48.6

82.4578.1805.7942.3

42.5149.9

107.444.340.0

99.8144.6

38.3

1*1.5

42.7128.4

13.1

;l*.2

71.84o6.2526.3520.7

23.585.8

54.020.919-7

62.882.720.9

21.821.970.4

65.816.7

224.3883.8

1.157.31,054.2

31.395.6

68.228.426.9

285.4232.437.6

36.032-5130.2

99.522.1

100.0100.0100.0100.0

100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0

1.22.53.03-8

4.1l».5

V,u.7

2.3

1:1

3.6

3-8

t.34.2

2.85.66.88.7

9.310.0

11.010.1

9.9

5-78.28.6

9.1

9.09-0

10.210.1

20.928.429.232.8

37.838.7

40.5

39-5

20.527.73'*-7

36-538.434.0

40.1

18.220.019.118.1

20.922.1

19.619-119.4

12.915.819.0

19.219.718.7

19.519.6

56.9

41.936.6

Z1.92^.7

24.8z6.026.5

58.644.634.1

31-729.33l».5

29-526.0

ce: (1) Total ealeet Dially Treasury Statements; (2) Tl^rea by de-nominations are estimated on the baels of reports received by theTreasury

.

1/ sue of $10 denomination Series I bonds was authorised on June 7.

1944 and was made ayallable only to members of the military andaaTel forcee of the United States.

2/ Sales of Series 1. T, and bonds commenced May 1, 1941.

2/ Sale of $25 denomination Series T bonds began In January 1942.

38 Trreasury Hall('tin

galea of United States SavlnKS Bonda - (Continued)

Table 3.- Sales, by Serlea, to Investors Other than Comerclal Banks, Classified by States

tkXt A - BERICa I

(1» thoq«>nd> of dollBri ftt l*au* prle»i)

F1«c«l f^mx

IS^S l^Wt

I9»ij

l.|>t. Oot. OT. IM.

19M.

r.». *»r. Hit

irlniaArka*M«

CallformUC«ler«tfe

C«u:«ette«t

Dclwar*Mat. of 0«lwbtnorlda

0««rctaIteb*IlllMl

ladUwtowliBifta

iMtaolvUalilu*MalM

IUr7la*4IU*a*cbaa«ttt. .

.

mekUu

HtmB««otaMS»«l«»lp9lMl •curl

MoBtaB*f«brft»lc»

*«TWU

Vav laapahSr*. .

.

f«« Jaraaj(M Nailos

!•« Tsrklortb C*r«llft«.

.

Isrtb tekDt«

Okl*(WIllMI—

Or«ffOB

Haa^lvkBl*. .

.

»« Ulud(•stk Carollu..

tmtk I^kstk. . .

.

?•««•••••T»s»a

Ol^TaraoatTIrcUU

*aMi«ta>«aal Tlrflala...Vlaooaala"^arta*

HukmMl

\

IMTintia lalaada...Othar poaaaaaloaa

Ih^UeataA

MJuatiant t«

Sail/ Traaajr/tataMat

«»tal

«3«.»T7M.13216(.29(

21.«2<>

579.056

«J.«13IT6.50«106.190

«7.fi07

9^.91037.561

loa.tek260.091to.637

179.10«».870195.»M

39.'»3»

72.211ll.k66

J5.7«7303.»0717.2A

991.9««113. «69>i.}W9

506.36*K.l'iJ

107. 67»

626.0^153.7M53.W)1

33-W

33.2'«U.179

l6j.9?k

6U.V3172.65017.313

7.397

61.066

203

63.62h

•90.737

•Jl1(0

2527U.J76

•.J71.275

970.klk90.226

220. q26

27.609135.069lk2.6«2

l'^.933>«.2}0

755. 3W

313.59*263.1*5163.077

127.956IUI.1065*. 99'*

152.566

SO.9161.159

2t9.9i282.U<a3.6«i

55.2JO121.079I3.>i6a

32.728••15. 33127.990

1.290 .03?I"i9.>*3

M.22«

71*. in135.26U

159.7V

W7.>«00to.asa76.05*

iS?;S^"•9*.995

56.35711.(19

1(9.563

257.72992.1972h(.2S023.769

£.960

7.1J55«.310

• (.931

%5«.'»95

•229. (96

3.5*7

61.392*.136

12.109

1.596

\-%

7.53''

l.*97'•3.129

18.65312.i«2

7.602

7.2797.7522.710

*'?!23.3*657.53*

10.0973.2*9

1*.112

l.(A5.72«

576

2.21123.2*61.273

69.3637.9151.5*2

*}.56*6.3«59.239

50.2663.760*.536

1.7157.(21

22.55*

3.5721.05*

12.126

15.*«35.*9*11.(901.152

5.7955«319

2*. 773

•5.*95

U .(19.7*2 661.200

15.6005.1009.i00

((.*0011.50021.900

3.50010.*0015.000

i*,900*.50o77.(00

5*. 90055.90020,(00

15.0001(.(005.500

16.20035.60075.100

59. 6001*.10039.100

9.20015.5001.(00

2.K0*0.3005.500

159.1001(,200S.5OO

72.90019.60019.600

92.*006.200(.800

9.20016.60069.200

5.5002.00017.600

?2.*009.1002(.9002.100

9007(7

37

1*7.992

l.*00.199

17.171

9.25*(.(17

125.72*12.*2726.165

5.19517.115l(.56l

1(.(*96.296

(*.909

59.66655.09121.*97

16.90117.*5»(.529

17.*2792.61696.003

29.6*99.15«

3*. 536

7.090

'\-^

5.OU*9.(993.525

15«.*07l(.7519.525

(5.6(2

2*.'(6*

102.520(.16*10.170

7.21221.1*959. 7(*

(.57*2.(**25.557

56.0*1

lO.OOS55.52*5.91*

9*2

5.91666967

221

-ll*.*7*

i.3*o.i*(

7.**92.0925.675

56.0*95.02(

13.500

1.96311.0*96.699

(.6661.6*5

*9.*79

1(.79510.9707.**7

5.»5*7.2693.595

9.01925.*67*0.*£9

12.0955.153

15.536

2.0*65.090

695

2,0122*. 51*

1.556

69.957(.1582.696

**.5096.Sm9.2(5

92.9233.506*.231

2.00(

7.56525.792

5.19*1.0*0

11.090

15.5555.25*

15.0(6l.Ul

2(*

*.25

'5

1(7

•«5.5«9

7.5512.0125.905

56.9999.121l*.557

1.(02(.9168.067

9.0911.979

50.755

21.5(512.*277.015

(.0607.3512.(1*

11.29021.771*0.9*0

12.0*1

5.57116.519

2.1999.2(1

639

1.76*

2«.J07l.*69

(*.6l*(.9682.170

92.69*7.6729.2(6

96.1563.69(*.a7

1.9627.991

26.190

3.528(62

15.55*

17.0(96.508

15.7**1.529

669.293

9.91

51210

61

28.»9«

727.991

11.6ha

5.«28(.*09

(6.6597.69«

19.502

2.759ll.*1911.237

11.890

3.97992.791

21.(8*1(.

1*:2^

10.J2112.6(7*.76l

15.97959.92952.215

28.7959.58126.617

6.50510.(70l.*0(

2.6965*.571

2.555

121.7(5

1*.?25(.659

60.76612.8671*.*81

76.*999.*996.621

7.18*

15.7(259.*87

*.8»1.6*1

17.(62

25.860(.7601(.870

1.779

*.(00*69

79

7

•7i.9*6

1.0«*.657

1*.017

U2.9*017.*60*1.993

*.20925.06929.**6

29.9*7(.997

150. *6l

58.285

6J.57958.099

26.(9629.a511.550

g.98576.J*8

151.«00

*5.5l518.75192.0*8

10.96728.(072.9<*

7.199

2*2.27130.59811.517

116.9*228.78339.099

1*7.6*611.1981*.*17

10.09926.986109.598

11.0*2*.02156.*71

*9.19516.<)98

51.1299.809

1.9*1

6.22?1.7*6

3938

159

-99.135

2.102.5*9

9.6992.0792.879

*5.9705.86*10,620

l.V*5.S838.127

6.9981.12*

*0.090

19.5389.5387.297

5.0896,8962.9*9

7.28919.69235.961

10.1702.»712.0*5

1.G89*.706

967

1.02921.*971.229

68.9029.526l.*6l

39.3789.*026.806

*5.0182.26*2.899

1.5898.9**

20.696

1.60*6*5

7.118

11.280*.h0910.129

157

*.0O62.*55

598k

•29.09*

579-77*

7.1112.0985.057

55.6565.91*

12.«)8

7.896

7.880l.*ll

*5.782

19.258

•

6.9V7.6972.*18

8.65*20.881

55.122

9.5925.087

12.33*

2.121

5.5*5565

l.**025.*261.300

67.9277.157l.*3*

59.912

7.6*3

**.8o;5.*60

5.765

1.625

7.55522.299

9.888

13.89*».98911.0*9

9*1

317528

*.9*0

*09

1

I*.098

«09.709

2.09*3.718

93.953*.59715.097

1.5917.8718.926

8.*051.939

*2.5*0

19.661

8.8n7.202

6.88;8.01*5.029

9.0*925.2*653.829

10 .059

3.1371S.75I

1.918

''IS,

1.625

23.7V1.092

67.3577.281l.*68

*5.3389.9876.9*0

*6.*02

5.99*5.958

1.60*7.988

20.791

2.516918

10,26*

15.799

5.97710.7681.0*9

*.799**9108

83

•19.00*

6»*.895

I*. 5*5

i:5?

96. 81110,011

85.159

3.17713.991

1*.J98

1*.858

%'M19.685

12.8971*.2009.099

16.63058.2577*.iy7

V.I938.9*1

59.1*9

7.8J016.0981.325

5.017*k.0«5

5.387

127.9991*.021

7,970

71.09115.95116.571

91.*589.7907.912

7.58615.^63.*95

6.207l.<»*7

18.987

27.5799.589

28.70*2.29*

J**697

9.050903u11

n

188.879

1.3*9.79*1,6*6.909

89,9607.76310,699

163,99813.68033.982

3.610

2*.?876.*90

1*0.39*

50.160*8.1532*.h<9

20,l6(80,5309,791

60.67099,0*8

37.9731*.81938.657

7.10581,2*68,756

*.690

21*. 362

29.03*9.888

106. J*388,29028,058

126.27310.28613.*98

8.22*83.9577».871

9.080S.lft3».7»9

38,89615.5*9*k.l58*,072

(881.1*97.2002.*69

18915

-i£*,uo

*99,JJ7

(OoattaM* aa fallavtM Vf)

October 1944 39

Sales of United States Savings Bonds - (Continued!

Table 3.- Sales, by Series, to Investors Other than Commercial Banks, Classified by States - (Continued)

PART B - SERIES F AND a COMBINED

(Ib thouaand* of dollara at Ian* prievi)

Alabama.

.

Axlzooa..Irkanea*.

California.

.

Colorado. . .

.

Connecticut.

DelawareDiet, of Columbiaflorida

Oeor^a.

.

Idaho....Tlllnoie.

IndianaIowa- .

.

Kansas.

Kentucky,

.

Louisiana.Maine

MarylandHaesachuaette.Michigan

Minnesota. .

.

Mlselaelppl.Missouri. ..

.

Montana.

.

Hel)raeka.

Nevada. .

.

New HampaMre.New Jersey. . .

.

New Mexico. . .

.

New YorkNorth Carollnj

North Dakota.

OhioOklahoma.Oregon. .

.

Penneylranla. .

.

Rhode Island. .

.

South Carolina.

South Dakota.Tenneasee. . .

.

Texas

UtahVermont .

.

Virginia.

Tlacal year

I9U3

Washington. .

.

West VirginiaWlBConsln. . .

.

Wyoming

AlaakaCanal ZonaHawaiiPuerto Hlco. .

.

Virgin lalandtOther posflesalonB

Unallocated.

Adjuetment to

Dally TreasuryStatement

Total.

32.007S.UZl

16,578

ssu.iit?

81.128

12.32633.75735.705

37.8318.031

272.112

79.52"*

71.U323'».897

i27551461

20.2U5

5U.252I7U.999106,363

69,692a.81281), 266

10,52930,Ullt

U,Ultl

ll;,i*03

118. 761

7.025

627.986ltU,65U

10,937

203.82725.09532,892

297,1*3030,U2U21,712

10,Ul639,1'tO

110,993

7.'t7't

7.50't

53.701

U9.75317.90586,3366.010

1.297I.8U3

17.3673,010

1

28

5.181

+20.381

19"*

3.517.35'*

30.1569.it50

17.831

258.10830.6786U,U37

10,30629,761l40,U96

'•1,958

7,630236,291

82,311106.397"tU.gos

1*7.UU2

38,95220,591

52,U93l'*7.625

101*. 768

69,83622,29691.689

13.55039.3393.630

1U,563

106,8396,503

1*72, 310142,263

l'*,978

191*. 15526.01*2

29.326

251,12020.62821,988

13,22239.186

117.537

8.3938,026

51.399

56.25319.55293.1926.032

1.3161.825

10,5223.982U1821 It

657

2lt,381

I9U3

iug.

3. 319. 71*7

912I1O5

51*2

16,099

9771*,012

UlO1,0IH

1,59"*

1,51822U

10,068

3.3793.3601.076

,91*1

.330

950

,91*0

,622

1

6U,290

1.81*7

5153.615

1771.120

228

7791».817

360

18 .971

1,526511

8,166880

1.55'*

10.3351.362

696

3021.51*1

3. "36

Ul|8

5201.925

2.291698

3. '•92

198

8UitU

569197

13

u,6a

Sept.

11*0,529

6,7001,800u.uoo

110,200

6,1007,100

1,1400

5,3005,800

6,7001,30030,700

11,70013,8007,100

7,9009,6002,100

8,900IU.I4OO

20,800

12.1*00

5.90013.1*00

3.1006.100900

90016. 8001.200

75.0009,0002,1*00

31*. 3005.1006,000

146,300

2,3001*,200

2,1*00

7.30026,500

1,900500

11,100

lU.O

11,000.300.000800

100263100

2/

300

-12.267

526,396

3.607772

1.398

2U,961t

2,9lU7,031*

1,0202.3261*,222

14,390

1.01128,52l4

9.59326,14143

14,794

2.9693,ll40

2.I470

3,62616.35711,792

7,3061,3996,9141

1,1147

'*.357

19s

1,71012,662

77U

1*8,351*

3.0931,575

16,8023,26U

2,723

23,18U2,U50

2,105

1.6933.S60lo.iou

6511,1913.119

6.0171.638

ll.9!*7

716

\'^

2.790180

1

*20.36U

368,001

6662U9I4U3

11,765

9793.367

5811.0211.701

2.325292

10.535

14,311

3,0021.596

2,3521,1*31

1.099

2.6127.55'*i*.300

2.286660

3.539

3911.058

69

5595.099

158

16.7351.693

6U5

8.935851

955

10.2331.0781,0314

51U1.5562,850

280I409

2,297

1.831

9853. 1*92

291

72

55

^631

27

-701

Use.

132.853

1.095370385

9.2571.0392.U62

1*22

1.1*15

1.615

1.916282

5.232

1.6141

1.560I.38O

8291,06U897

2,762

5.5733.362

2.26751*6

2,71*6

29992880

1426

14.053

1014

17.92'*

1.532I427

8,1432

1.1*83

1,026

10,2l40

65672I4

3IU,83U

.955

19I4I4

Jan.

287273

2.957

2.130I.05U3.61I4

1I45

lUl2I46

66616U

122I4I4

IB

•9,100

125.1*59

3.399755

2.I43I4

33.1*08

3.70911,1411

1,2U5U.6813.5«o

3.5091,01225.797

8.76610.0305.286

8,11714.129

>».369

7.32531.25211.a7

10,5503.301*

12,896

2.1081*.179

518

3.11112.607

5l4g

68.1296.0501.926

28.0303.195U.173

31. 108

3!oi46

1%13.201

1.2771.3687.200

7,2692,2039.52I*

569

195321*

1.157U7l»

9970

13

-lU.255

1420.728

5.8291.92?2,1*1*2

"43,5118

5.1*06

11,U9U

1.6605.0288,317

8,7231.301

1*7. M07

ll*,013

15. "718,370

6,5576,ao3.706

8,37825.35620.2"49

11.9523.625

13.11414

2.1128.177

750

3.50?19.3261.267

96. 0185.9112.75"*

26.7113.77114,302

1*3.976

3.3373.298

2.2716,0U8

23,2U2

1.0321.6I45

7.5«8

9.32'4

2.66816.7991.'457

112

992.O8I4

I4U7

10100

10

18. 300

Mar.

598.570

887I423

600

9,8681.2762.'459

I401

1.1081,868

1,230I9I4

13.5"*2

3.7'to

5.5'*l

1,818

1.6971,2686U7

2.3355.1981.781

2,231*

51*1

l*,970

3562,153

190

52l*

U.173119

19.5851.580

1*77

8.565722

1.005

7.893I.U76

930

5291.3523.«89

198

2551.267

2.065866

3.625U16

181I5U

l.Uft

37

-2.123

Apr.

826U3769U

8,8871,271*

2,215

UU38S6

2,068

1,50630t4

10.605

I4.68O

U.2602,307

2.U161.322

7«5

1,828

m2,720

5325,068

1)82

1,96515

"*73

3.891311

17.6291.739

537

9.9578SU

1.259

9.6801.012

960

2.696

317220

I.6I48

2.126966

3.809306

Ul5I48

36150

May

129.230

70

3O8

131.339

8I46

282U7I

8,8231,2312,600

U561,0831,580

1.1*27

17810.752

14,112

3.6151.572

1.8961.18U

62U

2.7387.288U.332

2.663380

14.083

27")

1.62356

3273.693

151

13,9601,603

3U1

8,8l6611811

8,200801)

571

5231,5102.37U

127307

1.937

.69s

.11)2

.1*97

155

19

33502133

5

U.il*5

12U,177

July

3.851l."*97

2.9")0

31.371*

U,2867,706

1,205U,276

5,359

5.5W*

1.18327.872

10.2l)6

1U,28U7,31't

7,888

5.7392.353

7.02")

17.887ll4,080

9.9123,800

15,806

2.6715.2ltl

1411

1.76813.295

919

51.2515.8852.890

22.3I4I

3.6233.929

32.8502,3183.O6I4

2.1865.06819.557

1.2311.0297.221

7.3"»7

2.7"49

13.901663

129

673lUo

119

-12,526

U15,6U5

14,009

1,39'*

1.719

3l4,8l40

"*,0506,2l46

l,80lt

3,5176,276

14,1149

27,665

10,381

2:^9

U.169i*.i*36

2,617

5.75915,1*6?12,1214

9,3"*5

2,6007,866

1,321"4,96U

6914

1.79613, "469

1,1a

59,856'•,5?l

2,11*7

a. 8933,1*10

3.065

28, Ug'?

2,1812,1498

1,6665. 2^3

10,783

6651,07214,768

5,6362,063

11.6148

1,201*

216

1,5651,281)

231

19

+17,251*

1)02, U77

P

6U5

228

332

7,932632

1.576

30279U

1,680

1,21)6

1809.156

2.9322,51)1

1,673

1.3501,286

393

1,9063.5602,732

1,751588

2,028

277

1,13357

613

3,158116

12,6851,087

1)69

7.'*30

680852

7,060771580

2551,1252,831

1912l)l

1,1)70

1,808I1O5

2,911170

7367

259

370

19

+14,269

100,677

Source: (1) Total ealee: Dally Treasury Statements:

Reports of gross sales,

p Preliminary.• Less than $500.

(2) Sales by States: 1/ Unallocated amounts for prior months Included chiefly sales to the armed

forces. Beginning In September I9U3 these sales are allocated on a

state basis.

2/ Included In "Unallocated".

«K) Treasury fiuHetin

Participation In Payroll Savings Plana for United States Savinga Bonds-l^

October 1944 hi

Sales of Treasury Savings Notes^ - (Continued)

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

(Par TaXuei - in allllona of dollars)

Tlical yearor month

Amountoutttafidlng

end offiscal yearor month

2/

Ket ehanc*during

fiscal yearor month

Badeaptloni and exehanc«i

TotalEacelTed

Id pajventof taxes

Redeenedfor caeh

Ixchaltedfor

nev eerlee

Serial B kj

igue19'«3

I9UU ,

I9U3-AugustSeptember.

October. .

.

NoTember.

.

Decesber.

.

igUM-January.

.

February.

.

March

AprilMayJune

JulyAu^at . .

.

2.959-776U.g

22.1

687.93U«.6

321. U306.6128.6

109.7101.3Itg.l

•2.959.7-2.195-0

-TUa.e

-23.2-339-3

-27-2-lU.g-178.0

-18.

9

-8.U-53.2

-8.U-5.6

-12.0

-3.0-1.2

U,o66.7877-1

1,107.0

3.072.17U2.6

23-2339-3

27.21U.8

178.0

18.98.U53-2

g.U5.6

12-0

3-01.2

1.087.12.933-3

721-2

20

336

25lU

171

1U.3

9-651-5

7.95-t

11-3

2-91.1

19-970.6

21.5

2.32.9

1.6.8

6.1*

u.e-1.21.7

.5

.2

.6

.2

.1

68.2

Sarlea C ^

19>t3.

19UU.

l9U3-Augu«t....September.

October.NoTember.December.

igUK-Juuary.

.

February.March

April.May...June..

July...August.

6.I<«U.0

9.'*'t7.7

6.828.98,320.5

8.611.38,797.08,302.0

9.233-010,071.'»

8.98U.5

8,971.3g.931.'t

9.'»U7.7

9.893-09.923.'»

6,U6U.O2,983.8

113.21,U91.6

290.8185.8-^95-0

931.0838.

U

-1,086.9

-13.2-39-9516.

U

W15.230.it

8.953.6

213.52,260.0

U60.7

330-21*36.8

1.216.11.017.1

238.1

299-71U5.I

1.922.3

665.5201.lt

1,082-75.969.3

100.2768. U

169.9lUlt.U

931.8

285.1178.7

1.325.0

312-9I85.O

I.I105.9

220.2171.0

l,OU7.2

5.507.9

76.6738-'*

IU9.9106.7868.9

25''. 3132-9

1.275-5

27U.911*7.3

1.33'*-

2

153.611*8.1

35-6U62.O

23-730.0

20.0

37.762.9

30.9U5.BU9.6

38.1

37.771.7

36.622.9

Source: Ehily Treasury Statements.• Less than $50,000.

1/ These notes were orlgli^ly designed to help taxpayers set asidefunds with which to pay taxes and were known as Treasury tax saT-

ings notes. Series A notes were designed for the small and moder-

ate taxpayer; series B and series C notes were Intended for the

large taxpayer. Vhen the collection of taxes through withholding

at the source commenced, the need for series A tax sarings notes

disappeared and their sale was discontinued. Bedentptlon prorlslone

on series A notss were relaxed to proTlde for the payment of Inter-

est on notes thereafter redeemed for cash (see footnote 3). Sale

of Series C notes, which were designed for the InTestment of Idle

cash reserres as well as for the accuaiulatlon of tax reserves, was

continued and the notes were designated Treasury saTlnge notes.

2/ Includes matured Treasury saTlngs notes.

1/ Series A notes, which were sold from August 1, 19>*1 through June 22.

191*3. yield approximately 1.92* per annua. Through June 22, 191*3,

the notes could be redeemed for cash only at the original purchase

price; since that date, the notes have been redeemed for cash at

the tax payment Talue current at the time of presentation. (See

also footnote 1.) Prior to October U, 19U3, the maximum amount

which could be used In payiDsnt of each class of tax (income, estate,

or gift) by each taxpayer during each taxable year was limited to

$5,000 par Talua; this limitation was removed as of that date.

kJ Series B notes were sold from August 1, 191*1 through September 12,

191*2, to yield approximately O.Ug^per annum. The amount which may

be tULrned In on taxes Is unlimited. The notes may be redeemed for

cash only at the original purchase price.

^ Series C notes went on sale September ll*. 191*2. Interest accrues

each month on a graduated scale (see "Treasury Bulletin' for August

191*3, pegs 1*) to yield approximately 1-071( per annum If held to

maturity. These notes may be used In payment of Federal taxes at

any time two months after the date of Issue. The amount which may

be turned In on taxes Is unlimited. The notes may be redeemed for

cash six months after the date of Issue at the tax payment value

current at the time of presentation. Prior to July 27, 19l*3. notice

of 30 days was required for cash redemption. See also footnote 1.

%2 Treasury Bulletin

Sales of Treaaury Savln^a Note* - (Continued)

Table 2.- Salea of Series C Notes, Classified by Denoailnatlon-^

•r aoalh

October 1944 ^3

Sales of United States Savings Stamps

Table 1.- Suimnary of Sales and Redemptions

(In thousands of dollars)

riBcal yearor month

Amountoutstanding

end offiscal yearor month, 1/

Net cban^during

fiscal yearor month 1/

Sales

1/

Redemptions

Total

1/

Exchan^d for

Uaited Stetessorln^shonde 2/

Cash

Percentage distrlhutlonof redemptions

Exchanged forHhited States

savingsbonds 2/

Cash

ig"*! V' lilng. igltl-Jme 19U2

igw ,

igUS-in^otSeptember

OctoberHoTemberDecember

igUU-JanuaryFebruary ,

March

AprilHoyJune

JulyAU^Bt <

5,291*

166, 3U1

213,350196. 518

201*, 158201,1*53

197,91*2202,1*15

203, 06i*

201*. 906200,577195,821

196,1*01*

198,1*07

196,518

180,399167,525

+5.11*3

+161,01*8

+1*5,620 6/7/-16.832

-3.117-2.705

-3.511+U.U73

+61*9

+1,81*2

-^.323-^.755

+582+2,003-1,889

-16,119-12,971*

6.087

308.621

590,268 2/1*08.930

29.31328,600

35.1*62

39.5651*3.585

37.1*513l*,993

1*0,029

35.71730.71*8

22.696

16,56623.13s

91*3

l'»7.57'i

Sl*l*,6lt7

1*25,762

32.1*30

31.306

32.68536,112

1127,91*?U7l*,l68

352,632

27.1*27

27,098

32.77128,51*3

33.896

30,02733.62535.784

28,261

23.05520.771*

27.55327.996

^18,1*6? 5/70,1*80 5/73.130

5.00I*

5.207

6.2026,51*89,0l*0

5.5825,6989,000

6,8735,6903,811

5,1328, 116

100.0100.0100.0100.0100.0

100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0

87.1*

87.182.8

81*.

6

86.6

81*.

1

81.378.9

8U.3

85-579.9

80.1*

80.281*.

5

8l*.3

77.5

12.^5/12.Q 5/17.2

13.1*

15.9IS.

7

21.1

15.7lU.5

20,

19.619.

e

15.5

15-722.5

Source: Dally Treasury Statements commencing November 1, 19U2; iH'ior

thereto, Post Office Department.

1/ Figures for periods prior to Kovember 1, 19^2 are not strictly conh-

parable with subsequent data because of the shift to a Dally Treas-ury Statement basis. Stamps sold prior to October 1, igU2 wereknown as postal savings stamps and *rere obligations of the FoetalSavings System but subsequently became public debt obligations.

2/ Estimated on the basis of samples conducted by the Post Office De-partment .

^ Sales and redemptions commence with. May 1, 19U1 >dien the specialdefense series of stamps went on sale, The amount of the old se-

ries of postal savings etanps outstanding on April 30. 19^1 was

$150 thousands.Details not available for May, June, and July 19^1.Includes minor amounts which were exchanged for postal savings cer-tificates. These aggregated $123 thousands for the period August 1,

I9U1 throng Jtme 30, igU2 and $55 thousands for the period July 1,

I9U2 through October 31. 19U2,

Net of sales less redemption. See footnote 1.

Does not include amounts transferred from Postal Savings System to

the Treasury to cover outstanding stamps.

Table 2.- Sales, Classified by Denomination

Fiscal yearor month

Sales In thousands of dollars

Totalall

denominations

Denomination

10.! 25.! 50^ $1.00 $5.00

Percental cUetribution of ealee

Totalall

denonlnatione

DenomioAtion

10^ 25.! 50.! $1.00 $5.00

191*1.

191*2.

19U3.191*1*.

19l*3-August

September

.

October.

.

KoTember.December.

19l*l*-JaiiUflry.

.

Februajy.March ....

April.May...June.

.

July...Au^st

.

6.087308,621590,26s1*08,930

29.31328,600

35,1*62

39.56553.585

37.1*51

i'*.993

029t35.71730.71*8

22,696

16,56623.138

1*00

67,1*66

126,327102,535

9,10610,1*1*3

11.235

11.15010,51111,171*

9,1)58

7,588l*.535

3.7313.600

2.691167.709313.691209,la

15,36115.053

17,1*91*

20,33022.129

19,07217.79920,227

18.18715.87811,808

8.37012.1*05

1,01228.61I*

52,50832.611

2.8032,1*10

2,5562,9873.187

2,51*1

2.3633.132

2,7682,1*37

2,1*38

l.l**

2.293

1.13031.58371.6931*6,972

i*,igo

3.382

5,038

3.1*35

l-M

1*,120

3.721*

3.027

2,2983.658

85I*

26!o58

17.691

1.5501.192

2,708

1.3591.997

1.203

9501.330

1.1831,122

987

7021.182

100.0100.0100.0100.0

100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0

6.621.921.525.1

18.1*

23.0

26.1*

25.8

29.830.027.9

26.521*.

7

19.6

22.515.6

1*1*.

51*.

53.

51-

52.

52.

1*9.3

51.550.8

50.950.950.6

50.951.652.0

50.553.6

16.6

9-38.98.0

9.68.U

7.67.3

6.86.87.8

7.87.9

10.7

8.8

9.9

18.610.212.211.5

ll*.3

11.8

10.211.211.5

9.610.1*

11.512.1

13.3

13.915.3

ll».0

i*.3

1:1

7.6

Ve

3.22.7

3-3

3-3

1:1

5.1

(1) Total sales: Dally Treaemry Statements commencing November 1,

19U2; prior thereto Post Office Department; (2) Distribution bydenominations: Based upon Post Office Department data.

uu Trcasurii BaUeiin

OWNERSHIP OF GOVERNMENT SECURITIES

October 1944 ^5

SuDunary Distribution by Classes of Holders of Interest-Bearing Securities Issued

by United States Government and Guaranteed by United States

(In mllllont of dollari)

Snd of flicalyear or oKinth

S«curltl«f Itsued 1>y lAilted States OoTermnent

Totalaaountout-

tandlog

Dlitrlbutlon ^ claeeee of holdere

TT. 8. OoTenifflent

acenoiee andtruat fundi g/

Totalpublic andepeclalliiuea

Publicmarket-able

laaxiae

Publicnon-

marketableIseuee

Specialleeuei

federalBeaerveBanke

Publicmarket-ableleeuee

PrivateInTeatore

2/

Totalpublicleeuee

Publicmarket-ableleeuee

Publicnon-

marketableleeuee

Securities guaranteed by United Statee 1/

Totalamount

unmaturedout-

standing

Distribution by classes of holders

U. S. Governmentagencies and

truat funds andTederal Reserve

Banks 2/

Publ Ic

market-ablelasuas

Publicnon-

marketableIssues

PrivateInvestors

y

PulJllc

market-ableleeuee

Publicnon-

marketableleeuee

1935.1936.1937-1938.

1939-

19U0.

19111.

191*2,

1913.19UU.

19U3-Au«.

.

Sept.

Oct.Hot.Dec.

iglA-Jsn.Pet.

Mar.

Apr.

.

Majr. .

Jane.

July.

27.6U5

32.98935.80036.57639.866

U2,3761*8,387

71.968135.380199.51*3

11*2.721

157.053

163.589l6i*,781

l6i*,508

167,01*3

181,709183.31*8

183.1*13

181*, 87I*

199.51*3

207.117208,289

1.6291.91*5

3.221it.l»52

5,600

6.7928,2ll*

10.330IU.O8O

13.899

15.03815.1*71

15,61*1

16,01*7

16.1*93

16,65317.21017.563

17.75718,18518,899

19.56520,0l*6p

9961.3191.6631.7761.830

2.0172.0^32.1*1*2

3.202lt,602

3.1253,71*8

3.7663.7623.783

3.773l*,03l*

l*,0i*7

l*,050

i*,05l*

1*,602

i*,59l*

i*.575p

1

3

7

10

101010

10lOp

633626

1.5582,6763.770

i*.775

6,120

7.88510,87111*. 287

11.90711.717

11,868

12,27812,703

12,87313,168

13.507

13.697llt,122

ll*,287

ll*.96l

15.1*61

2.1»33

2.1*30

2.5262,561*

2.551

2.1*58

2,1802,61*0

7.11*9

11*, 899

9,0558,886

9.30310,27211,1*60

11.98511.51*5

12.111

13.2161U.2U7ll*,899

ll*,912

15.803

5.5833.6lit

23.58^28.'

30.05329.56031.735

33.12637.99358.998

111*. 152165,71*6

118,628132,696

138,61*1*

138,1*62

136,555

138.1*05

152.954153.671*

152.1*1*0

152,1*1*2

165,71*6

172,61*0

172.U39P

23.52127.35328.86528.OOI*

29.581*

29,96133. '•39

1*5.1*91

81*, 959120,901

87.75698.793

102,575101,871*

99,988

99.501110.593111,921

110. 17I*

109,728120,901

125.1*13

12U.835P

621.2611.1881.5562.151

3.166it.55^

13.50729,193l*l*.8l»5

30.87233.901*

35.76936,58836,567

38.9031*2.361

1*1.752

1*2,265

1*2,711*

ltl*,8l*5

1*7,227l*7.6ol*p

1*.123

1*.718

U.665i*.853

5.1*50

5.1*98

6.360U.5U9U,092

1.516

3. 931*

3.96I*

i*,ii3

i*.l5'»

1*.225

i*,269

1*,227

2,258

2,2581.5291.516

1.1*68

1.1*75

362

375363

3252S6

287

273286

170U

1*6

1*6

6288

87

9191

7

1*

"p

115176

279305

31*0

3761*37

1*95

570

539

586176176

3.761i*.3l*3

I*. 302I*. 52s5.16U

5.2116.087i*.263

3.7381.186

3.5363.536

3,5203.1*95

3,1*95

3,1*92

3.3781.537

1.1*97

1,1831,186

1,187

1.187P

68

150

7377

190

195205

191188

175

168

163150

277281*

(1) Total affiounti outetandin^: Dally Treaeury Statemente; 1/

(2) Securltiee held ^ U. 3. OoTemmeut a^nciee and truet fonde; 2/reporte of the sendee and accounts vlth the Treaeury; (3) Secu- ^rltlee held by Tederal Reeerve Banke; Federal Reeerre Syetem.

Preliminary.Lees than $500,000.

Excludes matTired securltiee, and obligations held by the Treaeury.Sxcludes Exchange Stabilisation ^ind.

The total amount of securities held by private Inveetors Is calcu-lated by deducting from the total enount of securities outstanding,the eecurltles held by U. S. QoTenunent agenclee and trust funds

and by Federal Reserve Banks.

U6 Treasury Bulletin

Batltuted Omerahlp of Interest -Bear

I

hr Securities Issued or Guaranteed by the United States Government

MA ttBoatt

October 1944 ^7

Treasury Survey of Ownership of Securities Issued or Guaranteed by the United States,July 31, 1944

The follov/ing tables present eununarydata as of July 31, 19W- fron the TreasurySurvey of Ownership of Securities Issuedor Ouaranteed by the United States. Thebanks and Insurance companies covered In

the survey acoount for approximately 95percent of the amount of suoh securitiesowned by all banks and insurance companiesIn the United States.

Table 1.- Sumnary: All Interest -Bearing Securities

(In milllonfl of dOi.iars)

Totalanount

outBtandlD£

Held 1)7 bankB and iosurance coopanlea covered In Treasury Survey

6.910commer-cialbacicB

31stoo)[

SSTlDgfl

banks

5U5rnntnal

savingsbazikfl

8U6 iDBurance companies

287life

Insurancecompanlee

559 "".castialty.

and marineInsurancecompanies

Held "tiy

V. S.

Governmentagencies andtrust funds.

and InderalBesei^eBanks 1/

Held ty

all otherInvestors

Public securities;Marketable BeoiritiesNon-marketable securities

Total public securities

Special issues

Total Interest-bearing securities issued or

guaranteed by the United States 2/

1/ Excludes Exchange Stabilization Fund

IU6.IIO 66.U661,225 '°l

7.33115"

IT.OSU221

lU,g0980

2.275lUl

19.51010

193 .Ss"*

l'»,96l

67.690 7.''85 17,30"* lU.ssg sM5 19.520

iit.gei

208.585 67,690 308 7.'*85 17.30U lU,889 2,Ul5 3't,U8l

35.'tl6

'•5.899

81.315

81,315

2/ Ouaranteed securitlee held by the Treasury are not Included.

Table 2.- Public Marketable Interest-Bearing Securities

PAHT A - ANALYSIS OF OWNERflHIP BY TYPES OF SECURITY, BY CALL CLASSES,AND BY TAX-EXEMPTION PROVISIONS

Classification

Totalauount

outstanding

Held by banks and Insurance companies covered In Treasury Survey

6,910commer-cialbanks

31stock

savingsbanks

5'»5

mutualsavingsbanks

8^6 Insurance companies

287life

1 nsurancecompanies

559 fire,

casualty

.

and marineinsurancecompanies

Held byn. S.

Qovenunenta^ncles andtrust funds.and FederalReserveBanks 1/

Held byall otherInvestors

Par values - in millions of dollars

Types of security;Securities issued by United States

Treasury billsCertificates of indebtedness..Treasury notesTreasury bondsPostal savings and other bonds

Guaranteed by United States 2/....

Total

Call classes:I3ue or first becoming callable

Within 1 year1 to 5 years

5 to 10 years10 to 13 years15 to 20 yearsOver 20 yearsVarious (Federal Housing Administra-tion debentures)

Total

TajE-exemption provisions: ^Wholly exempt from Federal Income taxes...Partially exempt from Federal income taxes

Subject to Federal income taxes

Total.

15,52'*

30,03518. 06781,097

1961,191

11*6.110

53. 21*9

25.72235.3579.78310.2U611,728

2U

1U6.110

1.19723.987120,926

1U6.110

5.'*77

15.9''3

12.07032.016

1891*2

66.1*66

26.251*

16. 58019.51*8

2.37571*3

956

66.U66

20513.5'*8

52.712

66.U66

21*

22

255

303

28

2782

9632

303

1

115187

303

2

131

2836,908

7.331

173686

2,9221.51*8

1,2'*9

752

7.331

1

'*73

6.857

7.331

392368

16,2981

26

17,081*

5I1O

1.1*91*

3.8002.182i*.566

U.ltSS

13

17,08U

12

2,70811*, 363

I7.O8U

138180

ll*.l*7U

•

16

1U.8O9

2111.01*2

3.03'*

1.787U,3U9l*,37U

12

ll*,809

1.71*0

13.068

1U,B09

253187

.821*

1

9

2.275

3291*52

767

395217llU

2,275

12

9681.295

2,275

9.0693.'»'*5

1.178

5.77935U

19.510

13.1281.61*3

1.3277I8

1.000

1.693

19,510

81*

2.39217.035

19.510

97610,100U.lW

19,81*0ll*2

212

35.'*l6

13.1265.2927.6762.8652.6563.300

35,Ui6

893''.751

29.772

35.U16

(Continued on following page)

M Trreasury Bulletin

Treaiury Survey of Onarahlp of Securltlea laaiMd or Ouarantavd by th« Unltad Stataa,July 31. 1M4 - (OontlniMdl

Table 2.- Public Markatabia Intaraat-Baarlnc Sacuritlaa - (OootlMwdl

fAXt A - AiULXBIt or OVMIRBHU Bt TY7U Of ISCUKITI. BX OALL OULMXB,um BT TAX-CXnmiO> FROTIBIOIIS-(Oootlnu»4)

OlaaairtMtlM

Vital

Ml* k/ iMmrlMM •§!!— oeTar«4 ! trvftawT Vvrr^

1*1

31•tMk

»»5

*•%•!

ill «tkar

taraast*^ 41atrlWlt*> k/ alaaMt af ••

typ»« of »»q«rH7 :

iMBrlllM li«u*l k7 aut*4 ItatMTrauwr UUiOsrltflMlM of litfabt*te«ia...

Tr^mmorj astattr«*««7 boada?oatal aarlaca and othar boaAa.

Oui-aataad ^ OUtad Itataa 2/

Total

Call fllaaaai:

ZkM or flrat baooalad oal l abia

nihU 1 foar1 to ^ jraara

) to 10 /vara10 to 1) /aaro1^ te 30 jaaraOrar 20 /varaTarlona (Mdaral loaalac Atelolitri

tloa dabaataraa)

total

aaaaptioa prorlaloaa: ^VholVjr anapt froa fadaral laooVholijr axaapt froa fadaral laooaa taxaa.

?«rtlall7 azaapt froa ^adaral Incoaa

9abJaot te Padaral loeoaa taxaa

Total.

10.

(

ao.(Xt.k

».5.1

.(

100.0

JS.I.

IT.«sh.iS.7T.OS.O

.(16. li

100.0

l.t*.0u.tkt.t

m

100.0

1.1l.ll

100.0

100.0

•.1

l.t*».3

9.«9-1n.o31.fi

lO.J12.6

100.0

.2

3«.la.7

100.0

1.1

t.k

9.039.9a.iIT.O10.3

100.0

93-9

100.0

»-3t.t

95.'»a

.1

3*».7

22.212.12«.72*3

100.0

S:?

100.0

.91.1

97.7a

.1

100.0

l.k

7.020.512.1ti-O

29.5

100.0

U.im.t

100.0

U.I(.2

ao.2a

100.0

11.5

19933.717.3

9-99.0

100.0

.9

if'9*9

100.0

'rf.9

1T.7(.0«9.«

.t

«7.

t.i3-79.1• •7

.k

12.3«7.3

100.0

100.0

37.11''.9

21.

7

1.1

7.910.7

100.0

100.0

MroiBtaci llatrlkatloB kr Vf "f laraatera

tygaa of aaoarltyiaaorltlaa laauad % Oaitad Stalaa

Traaaur7 kl UaOartlfleatai of ladabtadnoaa. .

.

Traaaurj aotaaTraaanry boadaPoatal aaTiBCB lad ot^ar boada.

Oaarastaad b7 Oaitad Stataa ^J

Total

Oall fllaaaaai

Saa or flrat baooalaf oallablantkli 1 /aar1 te ^ jraara

^ to 10 /aara10 ta i; raira1^ to 20 jaaroOvar 20 TaaraTarleaa (Fadaral loaalg« Idalalatra-

tlea dabaataraa]

Total

aaaaatt oa prcrlaloa<belly ataapt froa

loaaj 1/^daral la«aaa taaaa. . .

Partially axaaf« froa fadaral laooaa taaaa*ab>«t to fadaral laonaa taaaa

Total.

100.0100.0100.0100.0100.0100.0

100.0

100.0100.0100.0100.0100.0100.0

100.0

100.0

100.0100.0100.0

lOO.O

39.

3

u\39-99.179.1

•^•9

^\7.31.2

33.9

»9.9

i:l

•^9

.1

.1

.2

1.0.3

.3

.k

l.fi

••9.2

.9

5.0

• 32.7

••315.

•

12.2fi.k

3.S

9.0

.1

2.05.7

9.0

1.32.0

20.1.k

2.1

U.7

1.05.«10.7

3B.3

U.7

1.0U.3U.9

U.7

.9

1.0

17.1.2

l.k

10.1

.k

k.l

1.61B.3ki.(

37.3

90.2

10.1

7.310.1

10.1

l.fi

.6

l.f2.2k.o2.11.0

2.0

l.fi

1.0k.o1.1

l.C

9«.«»

11.5fi.5

7.117.7

.3

13.1

2k.7fi.k

3.i7.3

i2:!

fi.k

Uk

7.110.0Ik.l

13.>

*-233.62f.9*.972.517.«

Bk.2

20.fi

21.7»9-329.93«-»

"3

Ik.

2

7k.fi

Ik.l

(OaaltaM* • fallavla* t»m)

October 1944 kS

Treasury Survey of Omershlp of Securities Issued or Ooaranteed by the United States,July 31, 1044 - (OontiniMdl

Table 2.- Public Marketable Interest-Bearing Securities - (Oootlnuedl

PABT B - DISTRIBUTION Or OWNCBflHIP TOK UOH IS8DS OUTSTARDINa

50 Treasury Bulletin

Treacury Survey of Omerahlp of S«curttles Isaued or Guaranteed by the Un*ted 'itatea,

July 31, 1044 - (Oontlnuedl

Table 2.- Public Marketable Intereat-Bearlng Securltlea - (Oontlnuedl

r&RT 9 - OISTIUBUTION OF CVNCUHIP rOR EACH IBSUt OUTBTAXOIHO-t CoDtinufdJ

(rw ralMa - ia atUicM *t tmlXan)

(Vfts ttalttf 1« ahowa la par^thaaaa ^)

••tad

taUatl^

•U ky kaak* mt taaaraaaa aaapaalaa aoTar«< Itt Tttmrntrj frwmj

Jlataokaarln^kaaka

aarlB^a

M 1.

?«711 f*

OiBp*Bl«t

599 ttr:

aad MkrlaatanruMmM|iMl>»

•U hj

U. I.

OoT*raa«Bt

trott ftt»4«.

J/

Hall Irall atharlaTaaiora

yeatal aarla^i aad Qthar bandaHatal aaTlQ^a boada .(wholUr)

.(lAoUy)

.(taellr)

U750

Ik

1

3

55 67

Totftl pottftl tATlac* ^d oih«r bomda. 19fi u 35 lk2

raataad aaeuritlaa ^Co^odlt/ Sradlt Oorporatlofi

Ul/M rabrsjuT 19k; (ta atila)

Padaral louala« AdalftlatrAtioa dabaativaa

( PM-«1 «11»)

oaa Omara* Loaa Oorporatlool-l/H Juw 19k;-li7...(pa>rtl>llj)

kiz

2k

7»

3«l

573

Total gttaraataad aacnrltlaa. 1.191 9k«

Total public artotabla aaourltlaa. lk£,UO 6£,k«£ 303 7.331

13

6_

17. (Wk

1

16

lk.K>9

171

a>

i.rn 19.510 35.klS

Bttok ftgoraa: Tha Troaauy ^rrtj oiiwaiuL ad «lth data for Maroh 31. l^kl amAh*a baaa pabllabad racolarl/ la tba Traaaurj Ballatla* elatfo Mi^19kl !kta oa baato trara raclaailflod for tha parlod loraabar 19k}thniift rabraarj 19klt mi maj ba fooad la th* Traaaarr KUlotla*for Mar 19kk, pa«aa ^?-57. larlaloaa of data oa laaoj-aaoa eoapaalaafor Mv 31. 19*3 *Bd jx-lor aoatha a^ ba foaad la tha Traaaury Bul-UtlB* for IsTaabar 19>'J, pa«aa i!-6}.

• Laai thaa KOO.OOO or laaa thaa .0^.1/ boivUaa bobaa<* Stabllltalloa road.

^Oa«raat«*d Movltlvi twld ^ th* Tr—an^ ar* aet laolndad.7*d«r&l •oirltt** fall Into thr«* broad croup* vltb r*«paot to lapo-• ItlOD of Fvdaral Inoea* twt«i ob lacoaa d*rlT«d th«r«froa. MkolLjtaz-axaapt McurltUt ara vxaapt froa both th» aoraal aad nrtaxratal. Fartlallj tax-axaapt aaeuritlaa ara azaapt froa tha aoraalratal azeapt that la tha oaaa of partial I7 tax-axaapt Traaaory aad•avlaca bondi. Intaraat darlTod froa t^.OOO of prlaolpal iaoont owoad^ amj OM holdar li alao axaapt froa tha atirtaz rataa. Tazabla aa-oorltlaa ara aDb>ct to both aoraal aad anrtaz rataa.

Table 3.- Public Non-Marketable Interest-Bearing Securities

(rar Talaaa 1/ - la allllooa of dollar*)

(Tax atataa la abom la paraatbaaaa i/)

Total

atataa4lB<

Bald b7 biaka aad laaaraoe* eoapaalaa eararad la Tr«aau7 furrm^

6.910ee^Mr-elal

31atoak

aarlaca

5k5ataalaarrl^abaaka

8k6 laaoraaea ooa^aalaa

Ufalaaaraaeaooapaalaa

559 flraoaaaaltjaad aarlaalaaorai

eaapiKlaa

laid brn. s.

OoTa iuaaatacaaelaa aadtraat faada.aad Tadaral

Itaaarra

»aaka y

laid b7all otkarlaraatora

OUIad itataa aarlaca bea^a 1/Sanaa k-D k/Sanaa I (taxakla)Sartaa f ( tankla)Sanaa 9 (tazabU)

Total Taltad Stataa aarlaca boada

3.«J3

2.091S.ltt

173

i

Traaaur/ taa aad aavli^a aotaa (taxahla)MJaatad aarnoa boada (irkeUj)kpoaltarr boada (tisakla)

toad aaaantlaa }/Caaaadlif en41t Oorparatlaa I aUl^-

. (taiakla)

36.53*

10.000a7k«

*n

k91

59

k»

09

5

A15k

1«61061

12105

3.kk9

"IS7.' 636

197

*i

1*3

If

10 JS.««l

9.91Ta7kT

*atal yakUc rkatakla aauaittlaa. k7.;ik i2. aa iki 10 JLfS.Uaa Um tSOO.OOO.ndtad Itataa aarlac* kaa«a, lartaa i-B. », mi t n% akom at aar-r«at rada^tlaa Talaaa. Itaj aara rat>«rtad at par bj tte ba ka Mdlaaar^aa ooapaalaa oararad la tJia Traaaarr Sarraj bat hara baaa ad->atad to oarraat radaaplloa ralaaa for aaa la thli alalaaast.Mdaral aaeartltaa fall lata thxaa braad p^apa alth raajaat ta la-paaltlaa af Mdaral lacoaa tajaa oa laaaaa darlrad tbarafroa.fboll; tar-aaapt aacarltlaa ara ai^t froa batb tka aoraal aad^tftaa rataa. Partially tax-a la^

t

aaaarltlaa ara iia^l firmV

«k« i»iMl rata* asMpt tkat U tka aut» t* pvtlallr <

Traaau7 aad aaHaca kaa«a. Utaraat tenmd <Voa K.OOC af prlaalpalaaouat ovnad b^ aar oaa holdar la alao ax^ipt froa tha mMax rataa.Taxabla aacanilaa ara aabjoct to both aoraal aad aivlai rataa.Irdadaa Ixchaaca StakUlialloe r«ad.$aTi»t k-t aani^a boada aold ;nar ta Karab I. I9bi wrm partlalljtai a iaapt; thoaa aald aa im& aftar that data 9*r* taxabXa.9aar^taad aamrltlaa hald bgr \>m Traa^iry ara aot laoladad.

October 1944 51

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

52 Treasury Jiulletin

Ov«r-thfl-Cbiint«r CloalnR Ouotationa on Public Marketable Securities laaued by the

United Statea Government and by Federal ARenclea

Aufoiat 31. 1044

Table I.- Securities Isaued or Guaranteed by the United States Government

rua A - TAXABLX BONDS, NOTES, XMD OIKTIflCATCS

IMJtM(Mll-

ItMa)

Frta* teu(frU* tealiKli mr*

BMcrtpltM

M*la

I9k*

n«l« tela 1/

n«it

(fti«a«

t>

rt<i«tnm

loirji.I9itk

jritld

Frio* r«M«•taM nrtt tra«*4 £/(yrl«* A««laali ftr«

tk>rt7-uMa«t)

19M prtM i«M* 1/(Frte* daetmli anlklrt7-»aM4i)

teM rrla* kt* rrle* tet*

X(m*« bj 0. 1. Oonr

tl.U)

1.01k

».09«

510l.ock

5.7J7

trwmr boa4«

«» - J/15/kMOl-5/k» - 6/15/k«

2< - 6/l5/k9-5l

H - 9/l5/>"»-51

J* -l?/l?/k9-51

it

?-l/k«i!2S9 ?-i/rf

I. US?-l/k«*-l/!»

- 9/l?/?0-V- s/iW-iJ-W/l?/5l-9?- 3/15/W-9*

- 6/lVV-5k- 6/15/V-W- 3/l?/*s6-9»

- 5/15/5^59- S/l5/J?-6Tk/

102.01101.1k

102.0k 102.0k101.16 101. If

101. 2«'^ 101. 29» 101.29101. ?7 101.29 101. 2«

101. 2k" 101.29* lOl.f?

101. IS*101.10*

100.29100.22

10). Jl

.06

2.IJ1 2-1/2*

J. 761 i2-l/2#

3.13* i?-i/?}9.190 2-1/2*2.71* 2-1/1*

ilsS9P90)

J.»6ll.9k«

2.7073.7M

k.ljt

J.919

3.9ko

J.Oksk.ST7

1.61;k.770

S.511

s/

l-l/k»

r1-1/2*1-l/V*1-1/2*1-1/2*

9/15/kk3/l/k9 V

- 3/H/k9-l2/19/kj- 3/19/k« 6/

-12/l9/k6- 3/l9/k7- 9/19/k7- 9/l9/kS

100,

102101. ?k

100.20100. 1(

100.12100.09100.09100.12100.17

101.19* 101.19101.11* 101.11100.26 100.26100.23 100.22lOk.Ol 10k.00

100. K"102. OS105.26100.22100.20

100.1k100.11100. U100.1k100.19

t

I^V

OTtL/lcat*.ii«£k»aiau

7/S* 1- 9/1

T/S* t - 10/1/kk J/

7/* » - 12/1/kk

7/s* k - tiny,T/S» I - k/1/1.9

7/* - 5/l/k9

7/# - iixiy,vat I - «/i/k97/s* f- 9/l/k9

100.00.70*1

100.1099.31100.09

100.2s*100.10*100. 2S100.19

u.00*7*

p«r H.k6«.6k*

.71*

.6s*|

100.

u

100.00100.oi

100.29*100. U'100.29100.10

1/

.00*•19^

par Mkl*.61*.70*

.72* .70*

.so* .71*

100.11102.07103.19100.

a

100.19

100.13100.10100.10100.1)100.1s

100.00(9*

100.10100.00IW.Oi

100.19100.11

100.2slOO.SS

.00*11^

par H.kk*

.63*

.71*

.71*Tk*

.79*

.79*

.0)*.0t*.0k

::SI

*.as*.a8*.os*.o6.Ok

*.os.0)

*.os*.09.07

*.0S*.0S*.0S*.0S*.oe

::2,.00

.OS.00

*.at.00

*.o«.*

-k*

-.0^-03*

3*1.39

1:S89

1.701.76i.n

90

93

1.921.9k

2.13

l:JI

2.k72.kS2.kS2.k72.kT

.79

.67

.79

1.10l.Ui.a1.3k

.ok*

:2

.09

.09

.ok

.05

.02

.Ok

.02

.05

.02

.01

.02

.02

.02

.02

.00

.77

-.OS..05.00

-03-.01

-.08

-.05

1.60*

1.701.721.7k

1.771.S21.90

1.9k2.oe2.112.202.k7

2.US2.l<«

2.k82.k82.k7

3/15/kl

12/1 /k2l/19/k25/19/k27/15/k2

l0/19/k2k/19/k)

,9/l5/k3|l2/19/kl

3/31/kl

6/26/Ul.

2/J9/k26/2/kl1/1/kk9/9/k2

12/l/k2k/15/k)

9/15/kJ, 2/1/kk10/20/ki

l/Jl/kl1/1/kk9/«/k2It/lS/kOU/l/kl

6/}/k26/ii/kk7/U/k33/19/kk

9/19/k3

lO/15/k)

ll/l/kjl/l/Wk/l/kk

6/2«/kkl/l/kk9/1/kk

10U.09

101.19101.29101 . 21101.29

101.19101.11100.26101.16106.16

100.1110?. Ik

109. Oi

100.

a

101.01

100.26100.20100.11100.1)10). 19

100.29100.12100. 2S100.10

•/2/kl•/31/kk«/31/kk«/31/kkl/31/kk

«/31/kk«/31/kk»/31/kk12/5/kl

100.22100.01100.06100.OU100.03

100.01100.0s100.0)100.01

/2/kl 101. Ok

«/31/kk7/19/k511/9/kls/31/kk5/i9/k3

2/29/kl12/23/k2

«/J/k210/6/U2

«/Vk2

11 /2/kl9/3/k3

ll/8/k312/9/k23/»/ki

100.08 7/2k/kk100.16 ?/lS/k2101. )0 il2/26/kl

100.01 2/29/kk

100.00 S/lT/k2

6/1/k) 100.006/?/k5

»/22/Uk«/51/kk11/5/kl

9/10/kl«/30/kk7/7/k3

100.21.68*

100.20100.11100.1S|lO/29>l

9/9/kl

l/31/kk1/3/kk

«/)l/kk8/31/kk

•/30/kk8/)0/kk«/31/kk•/30/kk

100.00100.00100.00100.01

2/17/kk5/1/kk3/1/kk

2/l6/kk

1/2/kl

102.09101.19101.29101. 2S

101.29

101.19101.11100.26100.22lOk.09

100.11102.07103.29100.

a

100.

a

100.13100.11100.11100.1)100.11

k/2k

•/3I

1/31«/31•/3I

:U101.

101.

101. IS101.12101.09

8/)l '101.00

8/31 100.

a

8/31 100.06

8/P lOO.OSfc/) 10).20

S/)l lOO.OSS/)l

I

101.20«/51 . 10).06

1/31 100.01

)/27 100.09

99.11 Il2/10/kl H 100.06f6*|l/2k/kli .6s*

100.00 |10/)0/ll2 100.16

9S.2S 10/6/k2 J 100.0099.01 12/19/k2 lOO.OS

100.01100.09100.16100.09

l/2/k17/10/kk

10/lk/kJ3/S/kk

S)* U)/19/kJ

.«)

.81*

.79*

.79*

.SO*

.79*

10/l)/k)

ll/»/k)3/a/ki3/19/kk

6/2)/kk7/ie/kk7/29/kk9/1/kk

100.29100.12100.21

100.SO

.00*

*mpar M.00*19*

par M.k««

.61*

.70*

.70*

z

8/)l

•/»1/228/31

•/P

S/13l/JO1/198/318/11

8/31

•/38/)l

8/31

8/lk

• /30

•/19«/308/JO

8/30«/908/318/JO

100.00100.00100.00100.00100.11

100.00St*

100.10

99.

a

100.00

100.2k

100.09100.17100.09

.77*

.71*

.79*

.81*

.Sk*

.79*

.79*

.SO*

.79*

7/1k/1k/1

1/11/13

1/131/131/191/lk

1/5

7/2*2/1

2/1

%1/173/1

"?2/167/S

•/Jl1/lk8/311/11

3/19

k/1

7/103/113/S

1/Jl

1/Jl

1/313/a3/19

«/i37/107/19S/Jl

SMraataaS ky 0. S.

•kU 1-l/H 8 - lh9/k9Cao,

100.09* IW.06* 100.06 .00 .71* -.07* 7/a/kl 9/2/kl 99.19 lt/27/kl 1 100.09 k/1* 100.09 7/19

PAST B - TAXABLC TRSASORX BXIXt

a«*-ataaSlH(Mlllaaa)

October 1944 53

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

United States Government and by Federal Agencies

August 31. 1044 - (Continued)

Table 1.- Securities Issued or Guaranteed by the United States Government

PAHI - TAX-EXEMPT BONDS AND NOTES

(Continued)

Amountout-

etandlng(Mil-lions)

Description

Price data(Price declfflEds arethirty-seconds)

Changein

meanfrom

July ?1

19U4

nald data l/

Yield

if

Chan^la

yieldfrom

July 31.

Katn-rltyyield

Sateof

Issue

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

BlcJl

Price Date

L«»

Pric« Date

igUU price range 2/(Price decimals are

thirty-seconds)

High

Price Date Price Date

Issued hy U. S. QoTernment

$1,0371,21U

SUl'189

1,036

819

759701

1.22351

5711*91

,786

,186

1.627

7551,118

725681

2, 611

982919

I.U85

283718

Treasury honds

2-3/'»*

2-1/2*3-3/t*

3*

3-l/S*it-l/UjS

2*2-3/''*

2-1/2*

2*3-1/8*2-1/2*2-1/2*2-3/''*

5*,

2-l/U*

2i2-1/''*

2-7/8*

2-3/''*

2-3/"*2-3/"*

12/l5/l»l»-5U 11/9/15/U54712/l5/"5 ,3/15/U6-566/l5/"6-"8

6/15/U6-U9lO/l5/"7-5212/l5/"73/15/1*8-51

9/l5/"8

l2/l5/"g-5012/l5/"9-52l2/l5/"9-53

9/15/50-526/15/51-5"

9/15/51-5512/15/51-536/15/53-556/l5/5"-563/15/55-60

9/15/56-596/15/5S-6312/15/60-65 12/

Other bonds 13/

3* ConTerslon - I/I/U6

3* OoBTsrslon - l/l/"7

3* Panama Canal - 6/1/61

Treasury notes

1* c - 9/15/""3/"* A - 3/15A5

101.06+102.15102.23lO't.30

lO't.ll

10''. 17110.2310lt.08

106.12106.11*

10'*.2U

UO.ll107.03107.12109. Ol*

110.30106.16105.08106.31111.30

111.11111.12111.25

103.12105.20133.16

100.00100.10

101.07*102.16102.25105.0010". 13

IOU.19110.2510l*.10

106.11*

106.16

10". 26110.13107.05107. ll*

109.06

111.00106. 18

105.10107.01112.00

111.13lll.l"111.27

103.20106.0013". 16

101.07102.16102.21*

10". 31

lou.ia

10". 18110.2UIOU.O9106.13106.15

10l*.25

110.12107. Ol*

107.13109.05

110.31106.17105.09107.00111.31

111.12111.13111.26

103.16105.2613".00

100.00100.10

.05

.00

.01

.01*

.01

.02.01

.01

.06

.02

.0".Ol*

.02

.05.11

.09•15.10•09-.11

-.11

-.11

-.01*

.08

.12

.08

.OU

.00

2/32.3"*.36

.50

.5"

.56

.76

.68

91• 87

.86

1.101.111.22

1.33

1.361.31

1.^6l."8

1.63

r.701.81

1.90

.36

."9

.83

1.00.17

-53*-•17-.15-.09-.09

-.08-.07-.0"t-.Ol

-.01

t..01

-.01-.01+.01+.03

+.02+.06+.03+ .02+ .02

+ .02+ .02.00

+.02

+.07-.02

+1.02-.08

1.90*

3.231.80

2.122.76

1.71

1.21

1.771.671.521.73

1.89l."9l."71.601.98

1.882.022.06

I2/I5/2U

9/16/3512/15/373/15/266/15/3"

6/15/3110/16/2212/15/383/16/363/15/38

12/8/3912/15/3"12/15/369/15/386/15/36

9/15/3112/22/3910/7/"O7/22/1*0

3/15/35

9/15/366/15/38

12/15/38

1/1/16l/l/ll6/i/ir

12/22/393/l5/"0

116.19110.12109.21*

116.11*

112.28

113.19122.22107.20111.18111.01

107.00115. Ol*

108.28

108. 30110.26

113.21*

107.02105.21107.22112.28

112.13112.13112.28

115.00

134.00

102.16101.16

6/22/3912/12/1*0

12/lU/UO12/ll*/l*0

12/16/1*0

12/lU/Uo12/11*/l*0

12/12/1*0

12/12/1*0

12/12/1*0

12/12/1*0

12/12/1*0

12/10/1*0

12/10/1*0

11/12A1

12/30/1*0

8/5/""3/7/""3/7/""7/6/"3

7/6/"37/6/"37/6/"3

1935

8/31/""

12/9/Uo8/6/Ui

9U.06

99.27101.3189.1897.28

83.0598.1899.1"99.10100.30

101.10: 01.0796.1999.1598.16

82.08101.08101.19102.0298.30

98.1099.1599.1"

75.00

75.00

100.0098.26

1/11/329/17/3512/15/371/12/329/17/3"

1/11/3210/8/239/25/39"/1/37U/2/38

5/2l»/"0

12/15/3"''/8/37

9/25/39"/1/37

1/11/325/2l*/"0

2/15/1*17/2l*/l*0

9/20/35

"/1/379/25/399/25/39

1920

6/18/21

8/31/""6/10/1*0

103.06103. ll*

103.15106.09105.09

105. 18111.25101*. 13106.29106.27

10". 29110.22107.07107.21*

109.20

111.16107.02105.21107.22112.19

112.02U2.03112.10

105.0".107.0213". 00

100.18100.20

1/111/111/111/111/12

1/111/105/15"/255/2

8/8U/218/U

5/91*/12

2/2l*

8/53/7

H'^3/3

Hi3/63/3

1/172/218/31

3/25

101.07102.11*

102.2210". 30IOU.09

101*. 16

110.23IOU.O3106.12106.09

IOU.O9110.05106.16106.30108. 31

110.31106.0210". 22106.22111.17

111.01110.28UI.03

103.16105.26130.28

100.00100.08

8/318/288/23S/158/16

8/188/18

V"-8/301/3

1/"

H^2/22/32/3

8/31

H^1/5

"/27

5/12/3

5/1

8/}l

8/31

3/1

8/317/21

Oiaranteed by U. S. OoTmmment 10/

$755

Home Owners' Loan Corp.

1-l/^M - 6/1/1*5-1*7 100.26 100.27 .37* -.15* 1.19* 6/1/39 103.26 12/13/UO 96.2" 9/25/39 101.0" 1/13 100.25 7/29

2/

Vhen the price of a eecurlty Is such as to remit la a negatlTe

yield, the exceaa of price over lero yield. 1* elren In the yield j/eolvunne In thlrty-seconda.Price* repreeent the mean of oloelng bid and aak qaotatloos In the

over-the-counter market except that prlcea of TreaaiuT' and Booa 8/Owner*' Loan Corporation bonda for the period prior to October 1,

1939 represent cloaln^ prlcea on the New York Stock Exchange. "Mfhea 2/issued" prices are Included beginning October 1, 1939- Dates ofhlgha and lowe, In case of recurrence, are the latest dates. 10/

Computed on mean price tj call date when nean price i» above par andto maturity date when nean price Is below par. 11/Included In the average of long-term taxable Treasia7 bonds. 12/Quoted on yield basis.Additional laaue offered for exchange, September I5, 19^U. for matxir- 1^Ing notes Is quoted "when Issued" I/32 lower, from August 2k throrigh

Angaat "}!.

from July 28 through Auguat 2^, quotatlone are on baala of sero

yield plus premium per thousand dollars. Trom Augnst 26 throo^August 31 > not quoted.

From Aogust 22 throu^ August 31 • quotations are on basis of sero

yield plus premium per thousand dollars.

This security waa Issued on September 1, 19^^. In tho amount of

$3.69** mllllonB.Sxcludea Federal Housing Administration debentures and Issuea held

entirely by Oovemnent agenciea.Called on Aagtiet lU, igUU, for redemption on December 15, 19**^.

Included In the aTerage of long-term partially tax-exempt Treamiry

bonds.Excludes postal savings bonds.

'>>* Treasury Bulletin

Over-the-Cotinter Cloatnic Quotations on Public Marketable Securlttaa Issued by the

United Statea Government and by Federal Agencies

Aumist 31, 1M4 - (Oontlnoedl

Table II. - Securities Issued by Psderal Agencies Init not Guaranteed by the United States

(ail-llMl)

October 1944 55

YIELDS OF TREASURY SECURITIES AUG. 31, 1944Based on Mean of Closing Bid and Asked Quotations

56 Treasury Bulletin

kymT*a9 Tlslda of Ixxw-Tsm Trvaaury and Oorporato Bonds

Cf«re«at p«r *«««)

&kt«

ru'ttall/

umtt y

Tuabl*

eorpor*!*

rarllKll/Tuatl*

W.4. Vffr»d*

o*rvor«t« te»

Far 1 1*117

k«*4l 1/

Tuakltrr«*««J7k«Ml 1/

II (k-

eorpor«t«koa4« 1/

Nistkl/ MrtM II

1?5<-J««IMIhr

J*'

*r/«•....

JU/....*i«tipt....

OltrrBm

lf3T-<fa>hkMw*r

rm»....

**in.!....

Qlt•TIM

19)f^MI*k

i»«•....

/«,....*it•»»....

a*«»TBm

U.u

f

U

t

»

T

>10

t.fl

I.T«t.7)

r.&

t.Mt.ik

2.((2.(0t.»

t.56

<.nt.ii

t.nt.ni.nt.ic».T«».n

!.<

l.M

\J^

t.jt

J.ifc

3-K3.1J

).w3.1f

JU3.U3.11

5.07

3.09

;:$

3.31

3 -IT

123.»«3.K3.W

3-173133-16

3«53"3-15

3. If3.1c3U3.0«3.<*30t

1939-Ju.

Mur.

JU,.

••pt.

Ot«..I>T..

IfkOWu..

Mar..

4|.r..

%»..

•apt.

Oa«..OT..Dae..

19kl-JaB.

.

fab..

Jvr.

•apt.

Oet..fcT..

»5*

l:?3

«.3«».e72.22

2.232.272.67

2.<0iM1.39

2. JO

»H2.26

2.26

J:82.302.312.29

2.212.092.01

2.122.222.12

2.0T2.0k2.01

l.H2.012.08

1-9* 2.JII

2.*2.k7

2.962.?02.f7

2.922.162.7»

2.762.793.29

3.U2.

2 22

2.(1

2.792.77

2.7»2.r2.93

2.«92.102.71

J:e2.J9

2.572.712.73

2.762.752.70

2.66

IS2.61

19>>2Waa...f*k...Mar...

*r...Maf.../au..

MI7..

•apt..

Oat...•T...Baa...

19k3-'aa. .

.

ra«...

ar...

%r...

Jtea..

tat...•apt..

Oat...0*...Bac...

19Mt.JaB. .

.

Hb...Mar...

4pr...

Mar-..JUa..

fir--It

2.102.172.10

ra2.0k

2.0k2.0(2.0«

2.092.102.13

2.112.U2.12

1.9X

.91

.92

.90

.90

.9fc

99

1.991-931.91

l.»»

l.Jl

l.*9l.»0

2.762.M2.f0

t.n2.762.79

2.7k

2.732.73

2.722.712.72

2.70

2.70

2.6«2.692.65

2.9*2.972-99

2.602.61

2.63

2.g

L§2.612.9«2.5«

2.99

2.5T

Vaaklr aarlaa - latarAar fl«araa k/

l.f91.901.911.93

1.9»1.931.93

2.k92.k92.kf2.kf

2.k«2.k«2.b(

2.kf2.k9

2.662.6k2.A2.6t

2.612.6t2.6c2.602.60

6.

»3-20.

27.

3-

10.

17.2k.

1-99

1:51.9k

1.911.921.91l.»9

2.k92.k92.k92.k9

2.k92.k92.k92.k9

2.992.992.972.97

2.972.9«2.992.99

19ki>-JWr 1.

«.

19-22.

29-

*•«. 9-12.

If.

26.

1.90l.Hl.»9i.f91.90

1.901.911.911.90

2.k92.k92.k92.k92.k9

2.k«2.k«2.kt2.kf

f:2

2.60

1:5

tellr aarlaa

1.90l.t9l.«91.901.90

I.JO1.901.901.91

2.k92.k«2.k«2.kftM2.k«2.ka2.k«2.kt

2.9*2.9*2.9i2.9i2.9i

2.9«

J:52.9*

U..U..

Ik..

\l:17..

U..19..

1.911.91

1.901.911.911.911.91

2.k«2.ki

2.k«2.kf2.k«2.ki2.k«

2.96

2.972.972.9>2.9i2.97

V

S:

S:

29.

JB-

Jl.

1.90

October 1944 57

3g Treasury Bulletin

GOVERNMENTAL CORPORATIONS AND CREDITAGENCIES OF THE UNITED STATES

October 1944 59

Assets and Liabilities of Government Corporations and Credit Agencies

July 31, 1944

(In mlllloua of dollare)

Corporation or agency Loans

Pre-ferredcapital•tock,etc.

Cash

1/

Inveatments

U. S.

CoTem-ment

ecorl-tlee

Securi-ties

gaarmn-teed byUnitedStates

Accountsand otber

receiva'blee

2/

Real es-

tate andother

buslneei

property

Interagency aseets

Dae fromOovern-ment

corpora-tions andagencies

CapitalstoOc andpaid-in

surplus ofGovernmentcorpora-tions

Otherassets

Banks for cooperatlvetCommodity Credit Corporation.Dlsaeter Loan Corporation....

Export-Import Bank of Vaahlngton.?arm Credit IdmlDlstratlonFarm Security Administration

Federal Crop Ineurance Corporation....Federal Deposit Insurance Corporation.Federal Farm Mortgage Corporation

federal home loan banksFederal Housing AdministrationFederal intermediate credit banks.

Federal land banks 6/Federal Hatlooal Mortgage Association.Federal Prison Industries, Inc

Federal Public Housing AuthorityFederal Sarlngs and Loan Ineurance

CorporationFederal Security Agency - student war

loane Jj

Federal Vorks Agency:Public Vorks AdministrationWar Public Works-conmunlty facilities

Home Owners ' loan CorporationInland Waterways Corporation Jj

Interior Department (Indian loans).Panama Railroad Company JJProduction credit corporations

Puerto Blco Reconstrujetlon AdministrationReconstruction Finance Corporation 8/....Regional Agricultural Credit Corporation

of Wasbington, D. 0. 10/

RFC Mortgage Company . TheRural Electrification Administration...Tennessee Valley Authority

Tennessee Valley Associated Coopera-tives, Inc

United States Maritime Commission.War corporations and actlTltles (WorldWar I) 11/

War corporations (World War II) 12/.War Shipping Administration

Other CoTemment agencies 13/.

Cross total.

Adjustment to eliminate interagencyInterests

232-51.633.5

20.6

28U.1J

1(20.

U

U5O.3

U.9819.6615.2

281.1II16.7

381.0

1,630. It

61.220.6

553-2

152.2

3.''

70.

U

"•Jl,Ug8.6

2U.5

3-269.6

123.0

22.210.165.1

63.3

125-7357-7721.8

.3

6.771.3

U-3

9.'t63.6

3.129.8

12,'*55.l

52.773.1

-21.506.lt

ito.2317.8

2.1

223.0231.7393-0

23.5360.0

136.1

301.lt

1,228.058-9

310.5

3.2

70.

U

U.3

1.199.0.U

3-2

6.6

1.331.3

20.3

110.

u

3i4«.6

.2

lU.O

218. U

2U.3

7. 080.

7

Ul.l

312.3

1.1

U.8

359.3

26.U

9.5•

60 Treasury Bulletin

Assets and Liabilities of Government Corporations and Credit Agencies

July 31, 1944 - (Continued)

(In nilllons of dollars)

Corporation or agency

Liabilities and reaerTes

Llabllltle*

Ouaranteedby UnitedStates

(Includesaccruedinterest)

Not

guaranteedby UnitedStates

Due to OoTemnentcorporations and

ageacles

TreasTiry Other

Re-serres

Proprietary Intereet

IxcesBof

assets(Total

proprie-tary In-terest)

Prl-Tatelyowned

Ovned by United States lU/

TotalCapitalstock

SurplusNon-stock

Banks for cooperatlTeeCommodity Credit CorporationDisaster Loan Corporation

Export-Inport Bank of Washington7artn Credit AdministrationFarm Security Administration

Pederal Crop Insurance Corporationfederal Deposit Insurance Corporation....federal farm Mortgage Corporation

federal home loan banksfederal Housing Administrationfederal Intermediate credit banks

Federal land banks 6/federal National Mortgage Association....federal Prison Industries, Inc

federal Public Housing Authorityfederal Sarlngs and Loan Insurance

Corporationfederal Security Agency - student war

loans X/

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

Home Owners' Loan CorporationInland Waterways Corporation Jj

Interior Department (Indian loans)Panama Bailroad Company JJProduction credit corporations

Puerto Rico Reconstruction AdministrationReconstruction finance Corporation 8/....Regional Agricultural Credit Corporation

of Washington. D. C. 10/

RfC Mortgage Company, TheRoral Heotrifl cation AdnlnlstratlonTennessee 7alley Authority

Tennessee Valley Asaoclated Coopera-tlTes, Inc

United States Maritime CommlseionWar corporations and aetirltles (World

War I) 11/

War corporations (World War II) 12/War Shipping Administration

Other Oovemment agencies 13/

Cross total

Adjustment to eliminate interagencyintereete

Set total

20.Pl.9»i3.6

.1

87.120U.1118.5

2.U

U68.9

77.136.

U

291.0

I.157.UM.l

.7

1*06.3

2.2

697.3

38.

U

2U.3

1,U19.71-3

October 1944 61

Sources of Funds of Certain Government Corporations and Credit Agencies

for the First Month, Fiscal Year 1045

Corporation or agency

Appropriationsfrom Oeneral?UJid of theTreasury l/

Allocationa, re-discounts, and loanefrom other OoTenment

corporations andcredit sondes (net)

Sale ofobligationsto Treasury

(net)

Sale of

obligationsin the market

(not)

Sale of stockto otheragencies

Central Bank for Cooperatives

Commodity Credit Corporation

Disaster Loan Corporation

Izport-Import Bank of Washington

Federal Deposit Insurance Corporation

Federal Farm Mortgage Corporation

Federal home loan heDke

Federal National Mortgage Association

Federal Public Housing Authority

Federal Savings and Loan Insurance Corporation.

Home Owners' Loan Corporation

Beconstructlon Finance Corporation £/

RFC Mortgage Company, The

Bural Electrification Administration

Var corporations 2/

Total

$ -535. alia

$-8,000,000

-732.653

$1,129,883

-31,000.000

137,1(60,000 $-16,000

U98,338

-3,ll40.U95

-9,787,867

60,039,306

$1,628,231 $U5,8lt2,3l46 $98,lt-6o,000 $-16,000

$139,000

$139,000

Corporation or agencySale of otherpropertyacquired

Bepeymentof loans *U/

Interest.dividends,

assessments, andproperty Income

Otherjreceipte

Total, sourcesof funds

Central sank for Cooperatives

Commodity Credit Corporation

Disaster Loan Corporation

SKport- Import Bank of Washington

Federal Deposit Insurance Corporation

Federal Farm Hortgage Corporation

Federal home loan banks

Federal National Mortgage Association

Federal Public Housing Authority

Federal Savings and Loan Insurance Corporation,

Borne Owners* Loan Corporation

Beconstructlon Finance Corporation 2/

BFC Mortga^ Company. The

Bural Electrification Administration

War corporations ^

$239,553,381

3.128

529.038

32.368

6.789.189

1,889,711*

30,268

186.596,331*

$1"*, 220,908

-9.331.703

63,U89

1,1*28. 51U

3, 01*1,1*32

8,605.037

20,51*0,631*

788,365

21,1*91

18,127,837

20,968,827

5.593.883

882,215

8.755.977

$ 171,720

829.756

7.990

U55.370

1*1,71*2,81*8

1,595,01*6

163,226

238,01*3

1,625,271*

1*23,931*

5,381,801*

18,127,112

1*21,519

937.728

2.117.153

Total. $1*35,1*23,1*20 $93,806,906 $7i*.238.523

$ 1*71*

-10,1*11*. 925

6U5

218,081

52,375

-2.13'*.599

-169,031*

U.293

-5.655.079

18,786,359

231,026

185,81*0,81*3

$186,760,501*

$ 13.996,157

220,636,510

75.252

1,883,881*

1*5.002,361

2,781,1*96

18,669,261

157. 088

2,776.61*7

1*28,227

-6,356,250

197,216,012

3,136,201

-7.1*^. 51*1

't'*3.3'i9.6l3

$936,282,918

Source: Heports received from the corporations emd agencies.

1/ Items in this column are the only ones In this statement triilch

constitute a charge against the Federal Budget. They represent

amounts of funds drsam against available ^proprlation*

.

2/ Includes the Electric Home and Farm Authority, which was trans-ferred for purposes of liquidation to the Beconstraotien FinanceCorporation by Executive order effective October 3I, 19^.

^ Comprises Cargoes, Incorporated, Defense Bones Corporatiaft,

Defense Plant Corporation, Defense Si^^lies Ootpor«fti«A, tn-y

Btltute of Inter-American Affaire, Institute of Inter-American Traneportatlont Inter-American Educational Toun-datlon. Inc., Inter-American Narlgatlon Corporation, HetalBBeeerre Companj', Petroleun Reeervee Corporation, Prencln-radlo, Inc., Rafber Development Corporation, Batber Ee-serre Company, Smaller Ver Plants Corporation, TT. S. Com-mercial Company and Var Damafe Corporation.Eeceipta from the sale of property acquired in liquidationof loans are shovn as "Sale of other property acqaired".

62 Treasury Bulletin

Uses of Funds of Certain Government Corporations and Credit Agenciesfor the First Month, Fiscal Year IMS

Corporation or agency

October 1944 63

Sources of Funds of Certain Government Corporations and Credit Agencies

from Inception of Organization through July 31, 1944

Corporation or agaacy

6^^ Treasury Bulletin

Uses of Funds of Certain Government Corporations and Credit Agencies

from Inception of Organization throu^ July 31, 1044

Corporation or a^noy

October 1944 65

INTERNAL REVENUE STATISTICS

66 Treasury Bulletin

Sunmary of Internal Revenue Collections Jy

(In thousands of dollars)

71 seal yearor nonth Total

iDCone and profits tax«B

Individual

2/

CorporationIn cone and

exceetpro«t« 2/

Mlscal.lanaouaprofltata»t U/

Imploynent taxes

Total

Social Security taxee ^federalInsurance

Contributionslet (Old-ageinsisrance)

FederalUnemployment

Tax Act(UnenFploywent

Insurance)

Carriers*Taxing Actof 1937

193519361937193«

1939

19I10

19UI19l«

igu?19116

19''3-Jkii«ust

September.

October. .

.

Hovember.

.

December.

.

iglA-January. .

.

Tebniary.

.

March

April

HWJune

JulyAugust ....

3,281,792' U9U,330«.63U,308

5,643,8)18

5,162, 36U

5,322.7717.351,533

13.029.91522,168,724140,119,510

1,672,217U,6l3,2U9

2.179.5672,089,2295.017.358

2,088, >«e6

3.133.3665,808,888

3. 330, ''35

3.076,1735.111.657

2,620.1'»9

2.750.3'»8

1,105,788l,it27,iA5

2,179,8282,629,0302,185,HU

2.129,6093,U7i,i2it

8.006.88316,298,88833,027,802

813,577It, 191, 778

l,61t3,578

1,U70,850U, 590, 615

1,58U,190

2. 476. 722

5,358,106

2,809,0032,289,328U, 56«,ui3

l,729,'»9l1,712,U02

527,1136711, U16

091,7'»1

286,312,028,83U

982.0171, '•17,655

3,262,8006,629,932

18,261,006

511,9772,0lA, 715

1.086, It 51

l.l't7,55''

2,175.565

1.039.5352,075.^281, 914,138

2,243,7931,859,2301,288,899

l,n8,9l*l

1,3110,416

572.115738.520

1,056,9091.299.932l,122,54o

1,120,5822,016.29711,687,462?,58'i,715

14,629,3113

298,7262,132.387

5ll8,Ulll

307,5792,4lO,218

538,653396.189

3.'tl5.956

552, p6o420,3'*5

3,260,544

ll03, 887366,022

6,56014,50931,17842, 78633.7'tO

27,01037.17256,6218lt,2lll

137,1*53

2, 8711

lU.676

8,71315,7174,832

6,202

5.20528,012

12,250

9.75318.970

6.6635.964

U8

265,7115

742.6607lio,ii2S

833.521925.856

1,185,1621. '198. "705

1.738.372

263. 72327.863

114,661242,82738,450

122,183317.39049.590

97,605303,859'w,395

136.261. 058

207, 139502, oi

7

529.835

605,150687,127895.336.131.546.290,025

222.3632.949

108,1105

207,0511,1196

811,510

199.8483.484

91.10925't.n5

U.5I12

127, 8U6

216,672

58,11990.267

101.167

106.123100.658119,617156,008183.337

8,5'*7

937

5, Use

8,1391,086

36,859

97.3363,o49

4,602ll.Ogk1.165

5,94l

8,966

48

287149,1176

109,1127

122, OUg

137,871170,1109

211,151265,011

32.81323.977

770

27.43735,868

79420.206'•3.057

1.89438.06038.689

2,68835.U20

Tlscal yearor month

Miscellaneous Internal rerenue

Capitalstocktax

Xstateandgifttaxes

Alcoholicbereragetaxes

Tobaccotaxes

Stamptaxes

Manufac-turers ' andretailers'

excisetaxes

Miscel-laneoustaxes

6/

Agriculturaladjustment

taxes

1935-1936.

1937.1938.1939.

19'10.

19111.

19112.

1943.I9I14.

I9I1 3-August....September.

October.

.

BoTember.December.

iglA-January. .

Tsbruary.March

April.

May...June.

.

July. .

.

August.

1,6119,7822,oo4.5iii

2.188,7352.272.1582.236.821

2.359,6Ul

2,9511.553

3,837,6704,571,1315.353.336

5911,917

393,608

1121,128

375.552388,293

381. 91

3

.2541,192

1123.827

1182.986li98. 8li9

754,183776, 888

4oi

91,5089U,9li3

137,499139.3''9

127,203

132. 739166,653281,900328, 795380,702

187,876311,636

20,063366-ll2

592117

'172

193152

1.035

128,357193.918

a2,ii2378,840305.5684i6,87U160.715

160,071407,0581132,540

1*7,496511,211

211,9971

28,012

40,71836,25336.643

52,18ll

38.6IW

6O.36U

56,10261,86250.06I1

U7,686

62, 670

1110,926

505,263593.831567,670587,605

62li,066

819,8691,0118,1651,1123, Il81

1,618,065

128,869117.315

122,376117,303120,196

107,886108,395123.999

169.116182,365196,863

209,960201,9111

658, 776500, 786

551,923567,777579.78''

608,072697.712780, 792

923.857988,1183

8?, 96s86.

90,01393,05887,101

77,21167.67076. 697

71.89380,86881,083

77,31686,022

63.13368,99069.91966,233111,083

38,681

39,0574l,70265.15550,800

6,5103,861

3.9391,936

3.999

6,275ll,122

4,586

1,800ll,121

6,650

5.2335.591

362,275379.560449,856616, 75''

396,891

1167,088

617.373852,069670,015728,696

55.388r52.751

58.56856.15666,396

68,02962,66858,720

51.29776.66366,iiU4

71,58687,679

91,05276,17280, 161

117,501163,560

168,926206,8111100,561

732.332,075.601

101.31270.699

85.65370,ll82

76,206

72,269

70.208

96,775102.910

21U.067I39.O9U

526,22262,323

'c« : Reports of collections. kfr Revised.

1/ Kzcludes collections for credit to certain trust accounts for

territories and Insular posaeselone. etc. ^/2/ Includes Tlctoiy tax collections and collections under the

Current Tax Payment Act of 19^3.

^/ Includes ineose tax collections on Alaskan railroads. The

excess profits tax shown In this oolunn is that inposed under 6/the Second Rerenue Act of 19^, &> aneaded.

Conelsts of the declared ralue excess profits tax. the profit

Uniting proTlslons of the Tlnson Act. and the tax on unjustenrlcluDent.

For the period prior to Septenher 1939 the d^ta In the columns

entitled Federal Insurance Contributions Act and Fsderal Unem-

ploynent Tax Act represent collections under Titles Till and

IX, respectlTely. of the Social Security Act.

Includes tax collections under the Su^ar Act of 1937 and under

the dividends tax Imposed by the Act of June I6. 1933-

October 1944 67

COLLECTIONS OF INTERNAL REVENUE

DOLLARSBillions

40

35

30

25

20

15

10

5

Total

-Fiscal year

^Comparison first 2 monthsfiscal years 1944 and 1945

1930 31 32 '33 34 35 '36 '37 '38 '39 '40 '41 42 43 44 '45

"DOLLARSBillions

40

35

30

25

20

15

10

5

DOLLARS~

Billions

18

17

16

15

14

13

12

I I

10

9

8

7

6

5

4

3

2

1

Individual Income Taxes

68 Treasury Bulletin

Detailed Analysis of Current Internal Revenue Collections!/

(In thouiands of dollars)

Sonrc«fl of revenuft

Incone and profits taxes:IndirldQal:Withheld by emploTere (Otjrrent Tai PaTmentAct of 191*3) 2/

Tictorj tai (HeTcnue Act of igUs)

Other:

t?urrent 3/Back '

Total indlTldoal iscome tans.

Corporation:Income taxes:Current 2/ •

.

Back

£xceB8 profits taxes (Second Serenue Actof igw as amended)

rirst 2 DOnths

fiscaljearigui*

70.819U.37g

71.9193'*.201

Total corporation taxee 366,022 61;6,102

Kiscellaneoua profits taxes:Declared valneVlneon ActDiijuat enrichment

Total ml BcellaneouB profits taxes.

Total Income and profits taxee

Bnployment taxes:Social Security taxee:

Inderal Ineuraace Contrilntlone Act (Old-a^e Ineorance)

Joderal DUemployiient Tax Act (OiemploTmentInsurance)

,

Total Social Security taxes

Carriers' Taxing Act of I937

Total flDployment taxee ,

582. 291*

31.878

Tlscalyear19't5

2. ''36.978

539

259.902 3''7.S19 5U9.lt33

l6l»,l*68

56. 008

216,672 331.896 3lA,5i8

8.966 13.39U 1U.907

225,638

35il«0

Miscellaneona internal revenneiCapital stock tax

Estate tax ..,.•,,

Wft tol..

Alcoholic berera^ taxeiiDistilled spirits (imported, excise)Distilled spirits (donatio, excise)Distilled spirits rectification \nVines, cordials, etc. (imported, excise)..Wines, oordials, etc. (donestlo, exeli*)..SranAy used for fortifying eveet vises

(repealed u of Joly 1. 19I40)

Dealera In dletiUed spirits; reotiflere)aaufacturers of stills (special taxes).

StBps for distilled splrlta intended forexport ...,..,. ..........,,,.,.,,,,

Case staps for distilled spirits tottiedin bond

Container stampsfloor tssesTemiented malt liquorsBreverai dealers la salt Uqoore (epeolal

taxes) ^^^

Total alcoholle benraca taxaa

Tobacco taxes:Cigars (large)Cigars (small)Cigarettes ( large)Cigarettes { small

) ]

SnuffTobacco (chavlng and imdlng) !!!!!!Cigarette p^ers snd tubesLeaf dealer penalties, eteCigarette snd dgar floor taxes

Total tobacco taxes

261.058 379.516 397.533

^3.918

J26

lU.Usg108,9a

2,2082>tO

3.529

3't5.290

3''.259

12,628

1.052 't.877P

1701.2"*1»

3.83065.929

25.850r93.926r2.S75

207U.U8U

359. Has

38.108

322.275

108. 65t

37.097185,701

3.9875IW

6.587

U.lK*

201. giU 25**, 038 '«11.85l»

220r1.293

15.371103.015

2il20r

278

128, 6Wt

'ce; Baports of oollectloaa.r Sensed.• toss than $500.1/ Ixclndas collections for credit to certain trust aceeonte fop terri-

tories and insular possessions, etc.2/ Conalsts only of tax collections under the Current Tax Fvnant Act

of 1943 for which returns hare been filed irlth the Collector of In-ternal Beronue. Oolleotlons aa ahon in Dally Treasury Statenents

Sources of rerenue

Mlecellaneons internal revenue (contlmied):Stamp taxesi

Bonds. Issuee of capital stock, deeds ofoonTeyence, etc

Transfers of capital stock and similar'"Intereat salee

Flying cardaSllTer bullion salea or transfers .'

Total stamp taxes

Manufacturers" end retallere' eiciae taxesilabrleating oilsOaaollue .'.!!!

Tires and tubesn.oor taxes on tires and tubes ',',

Antomoblle trucks and bases , , ,

,

Other automobiles and motori7olesFarts and accessories for aatomoblles. ...lleetrioal energyXleetrlc. gaa.' and oil appliancesnectrlc ll^t bulbs end tubesllectrlc signs (repealed as of II/I/U2)..Eadlo sets, phonographs, components, etc.Riono^^ih recordsMaeioal Inatroment s [',,

Mechanical refrigerators, atr-eondltloners

,

etcMatchesn.oor taxes on matchesBieinees and store machineslUrs - retailers' exclee...Jenlry - retailers' excise

August19lUt

iJiggege - retailers' excise (effeetlT*

iBggage - manafacturere ' excise (suspendedas of ll/lM)

Optical equipment (repealed ae of ll/i/l»2)Photographic apparatus ....,-.Eubber articles (repealed aa of U/l/Uz)..Sporting goodsToilet preparationa - retailers' excise.!!Washing machines (repealed aa of ll/l/Uz).Plrearms. shells and cartridges. . ,,Pistols snd revplTersBepealed taxes act listed aboTe !

Total mannfacturere' and retailers' exelsataxes

Hleoellaneous taxes:Bituminous Coal Act of I937Sugar Act of 1937 !_]Telephone, telegrs^, radio and oable,

leaaad wires, etclocal telephone serrloe !!Transportation of oil 1^ pipe if'-f

Transportation of persons, seete, berthe.

.

Transportation of property (effectlT*12/1A2)

Dee of Botor Tahlslee (effeotlTe S/l/UJ)!!Ose of boats (effeotire 2/l/Ua)toaeas of safo-dapislt boxesAdmissions to theatara, oonoarte, ateAdmleslona to cabarets, roof gvdana, etc.Club daes and Initiation feesBowling allays, pool tables, etcCoin operated derloeaAdnltarated and pr«eeased or ranoratad

batter, mixed flour U/ and filled olaeaeOleeaargarlna, iscludlag special taxes....Harcotica. including aarlhoaaa sod spacial

taxesCocosnt and other Tegatabls oUs jroeasiedlatlonal rireams ActAll other. Including repealed tsxea not

listed ab<rre

Total miscellaneous taxes

Total alseellaaeous Internal ranima

2.358

2.''75

756

3

5.591

6,7'«36.2565.107

1,207

693(!l488

531

1.37970

232181U9

105680

5^*7

1.90811.298

5.083

1

2

1.23912

r ^'6.172

3511

1

Plrst 2 months

fiscalyear191*

>t.l28

3.1961.190

17

Fiscalyear191*5

8.531

9.085U9.W36.398

13288532r

.8339.118

671

517

331*69

283

197

202IM

87.679

2

8.513

17.012IO.9IM

1.56521.557

21.37515. '•12

i28.9'^

5.^31.1)19

1.132U,988

1

337

2

3.76315.770

1.3561

2,0>H9U

'«7

5.992

F163

8

50

't.n5

"1.766

1.277

7

10,821*

lll*.e76r

139. 09^

776.888

86,022 176.735 163.336 Total Internal reranna !,750.-ii*t

813

11.939

25.50017.231

2.79527.787

38,17't

IZI.29I*

lltlt

l.lltl

28.1*56

3. 1*73

i.iiog

1.22512,779

3i.a;

221*

50812

12.22158,1*70

10,959•

1.867207

6.5938.71*1*

1.91*9

1.9177U51U

305

97

3021.303

8973.351

23,069

10.651

2

2

2.36119

57812.080

U

7261

2

159. 26I*

295.925

1,21*6.531*

3,671.102

313. 1*80

32,336

'l-M3.005

1*1, 1*60

lll*,260

1791.301

55.20't

10,3082.0332,613

12,31*6

1.336

176722

9

353.162

^.531.072

5.370.1*98

y

consist of withholdings deposited Is DoTsmsent depositaries In addl-tlon to pagrmests aoooapsaylag returns filed with the Collector of l»-tamal Bevsnoe.Currant oolleotlose oonelet Is general of taxes paid within twelTeonths after the dose of the taxable year for whloh the return waafiled.Tax Imposed upon the Bamfaeture and sale of. and the ooeupattonaltax OB, Blxed flour repealed aa of loreBber 1, 191*2.

October 1944 69

MONETARY STATISTICS

70 Treasury Bulletin

Gold Assets and Liabilities of the Treasury

(In mllllonB of dollarB)

End of calendar/ear or month

193'»-

1935.1936-

1937-1938-

1939-191*0.

191*1.

19U2.

191*3.

19113-juigmt

September.

October.

.

November

.

December.

igUU-Jsnuary..February.March. . .

.

April.May. ..

Jtine.

.

JulyAagUBt p.

GoldAseeta

8,238.610,122.9

11,257.612,760.0llt,511.2

17.6U3.1*

21, 991*.

5

22,736.122,726.321,937-8

22,21*2.8

22,175-0

22,115.722,061*.

7

21.937.8

21,918.221,711.621,599.9

21.1*29.2

21,263.721,173.1

20,995.920.926.2

Llabllltiei

Gold Certif-icates 1/

5.27U.O

7,679-58.959-69.212-3

11.872.8

15,278.619,825.1*

20,561*.

8

20,611.919.821.0

20,127.720,067.1

20,002.619.953-119,821.0

19,800.719,591.019.1*77.2

19,319-219.150-919.063.5

18. 876.

9

18,812.1*

Oold Beeerrea^lDBt U. S.

notes, etc. 2/

156.0156.0156.0156.0156.0

156.0156.0156.0156.0156.0

156.0156.0

156.0156.0156.0

156.0156.0156.0

156.0156.0156.0

156.0156.0

ExchangeStabllliatlon

Fund J/

1,800.01,800.01.800.01.800.01,800.0

1,800.01,800.01,800.01,800.01,800.0

1,800.01,800.0

1,800.01,800.01.800.0

1.800.01,800.0-1,800.0

1,800.01,800.01.800.0

1.800.01.800.0

Sold IsGeneral Fund

1,008.61*87.1*

31*1-9

1.591-6682.1*

1*08.

9

213.2215.3158. U

160.7

159.1151-9

157.1155-6160.7

161. U161*.

6

166.7

15U.C156.8

153-5

163.0157.8

Source;

1/

Dally Treasury Statenente.Preliminary.Compriees (1) gold certlflc&tea held by the puhllc and In Fed-eral Reserre Banks; and (?) gold certificate credits In (a) the

Gold Certificate ?und - Board of OoTemors, Federal ResenreSystem, and (b) the Redemption Fund - Federal Reserve notes.

2/ Reserve against United States notes and Treasury notes of 1S90.

2/ Ejccludee gold in active portion of Exchange StaMlltatlon Fund.

Monetary Stocks of Gold and Silver

(In millions of dollars)

End of fiscalyear or month

19351936193719381939

191+0

19U1191*2

19^3igiw

19U3-Ajiguet

September

OctoberNovamberDecember

,

19Uit-January,

February ,,

March,

Aprl 1,

May,

June,

July,

August p i,

Source: Dally Treasury Statement and Circulation Statement of UnitedStates Money.

p Preliminary.

Gold

($35 perfine ounce)

October 1944 71

Components of Silver Monetary Stock

(Is llllou sf dollars)

lad of Oftlandar

joar or aoath

MlTor bald is Tra>nu7

Sofforlo^ oilTOreortifloatoi 1/

tilTtr kvllies Stlnr dallari

! •moral Rmd

RokaldlarroolB 2/

Ballloa forraoolaac* 2/

BvllloBat eaot

flllTsr outoidoIroanuj

SllTordeilaro 1/

Bii1>tldlar7

sola 2/

Total ollTorat $1.29par oQBC.

19311

1935193619371938

193919110

19'Higiiz

19U3

1943-iii«aitSoptoabor.

Octobor. .

.

Novembor ,

.

Docembor,

.

igWt-Jajmary...Fobroary.

.

March

AprilMagr

jQno

JulyAu^ot p.

.

2U.6576.9775.993*.;

1.137.S

1.298.21.398.1

1.516.81.520.0

1.519.71.519.7

1.519-71,520.01,520.0

1,520.01,520.01,520.1

1,520.11,520.11,520.1

1,520.11,520.1

508.

U

508.7505.7503.7502.7

U99.0lt9U.6

HSU.l1)68.3

Il00.lt

429.9426.5

1(22.0

UIO.31*00.

U

396.7395.839U.2

392.6390.8389.2

3«7.6386.1

H.2

3.5

5.32.33.5

ll\

34.227.2

26.521.714.4

17.319-513.8

18.021.120.4

20.422.0

(.8.2

.3

19.1

.2

1.5

i2:^19.1

20.217.615.1

12.59.77.8

2.81.1

J9.3262.7

^:l535.3

616.0657.4662.3628.2551.8

584.9567.3

560.7553-8551.8

538.7528.4525-6

505-2499.8448.8

443.9432.0

35.2

48.1

52.563.078.89«.«

88.890.7

92.394.096.8

97-798.6

100.

2

101.7

103.5105.2

106.8108.2

305.3323.5350.4366.9372.

«

394.1422.4'»93.5

}87.3684.7

642.2654.8

663.6674.2684.7

685-5686.2691.8

697.0706.0714.1

722.3728.7

1.279.71,970.12,402.32,806.53.346.8

5.790.24,060.04.244.84,317.64,207.3

4,276.04.233.1

4,223.74,213.74,208.6

4,174.94,147.14,142.6

4,088.34,083-6

3,947.9

3.938-33,911.'»

Sonrco: Dally Treasury StatoDOnt and Clrcalatloa Statoaont of U&ltod 2/States Money. ^

p Prellffllnary

.

Legs than $50,000.7alued at $1.29-^ por cnaaCB,

Valued at $1.38+ per onnco.Valued at $1-38-*- per oonoe or at $1-29 per ounoe according to

whether the telllon Is held for racoina^ of subsidiary silvereolBS or for raeoinaga of standard sllTar dollars-

1/

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

(la llliens of ounces or dollars)

Calendar yearor aoBth

SllTsrproduction

inHaltedStates

Odbcos

UlTor acquired by ainta and aoaay offieao

lavly ainad doaeatieailTsr 2/

Onneaa Bellara

VatlonallsedallTor 2/

OOBCOO Dollars

foreign silTsr 4/

Ooaoas Sollara

Total

Onaoes Dollars

193>»-

1935.1936-1937-1938.

1939-1940.1941.

1942.1943.

1943-.rulyAugust.. ..

Sept eoiber

.

October.

.

Hovenber,December.

1944-January.

.

February.March

Aprl 1

.

May. ..

.Tune.

.

July.

P63.471-361-7

63-968.371-1

55.944.8

4.44.02.8

3.44.14.0

2.83-84.0

3.1

3-52.9

3-5

21.838.061.170.661.6

60.768.370.547.95-5

14.127.3

tu42.4

40.148.550.134.0

3-9

.2

.1

no. 6

2-0.4

55.31.0-2

172.5494.S271-9241-5355-4

282.8139-872.614-3

86.53I8.2150.3108-7156-9

120-550.927-16.0

304.9534-3333-4312-2417.1

343.3208.0143.162.1

5-5

w346-5197.8163.3199-1

160.699.477-240.0

3-9

-2

.1

ce: Silver production: Annual Reporta of the Director of thaMint for »""""i figures through 1942, releases of AmericanBurean of Metal Statistics for all later figures.

• Less than $50,000.

1/ ?or information on silver production In other countries from

1933 through 1940 or 1941, see "Treasury Bulletin" for

August 1943. page 74.

2/ Ac<iulred at 64.54-t- cents per fine ounce until April 9. 1935:

at 71.11-*- cents per fine ounce from that date until April 23,

1935; at 77-57+ cents from April 23, 1935 t" Decraiber 31, 1937;

at 64.64+ cents per fine ounce froa December 31. 1937 to July 1,

1939; and at 7I-II+ cents since July 1, 1939-

J/ Acquired at 5O-OI cents per fine ounce. Executive Proclamationof August 9, 1934, repealed April 28. 1938.

4/ Acquired at various ^Ices averaging approximately 51 cents per

ounce.

72 Treasury Bulletin

Seigniorage on Silver

(CuBiulatlTa from JamiAry 1. 193^ ~ ^Q millions of dollars)

Xnd of calendaryear or month

Sal^lora^eon silverand minorCoins

Sourcee of Belsnlorage on silver bxilllon revalued ij

Misc. silver(incl. silverbullion heldJune Ik. 193U)

Newly-minedsilver (Proc.

Dec. 21. 1933)

Nevly-minedsilver (Act

July 6. 1939)

Sliver Pur-chase Act

of June 19.193»*

Hatlonallzedsilver

(Proc. ofA^. 9. 193^)

Totalseigniorageon silverreTalued

Potentlfldsel^lora^e onsilver bullionat cost In

Oeneral ?und

2/

193'»

1935193619371938

193919110

191*1

191*2

191*3

19U3-&ii«uit

September.

October...Bovember.

.

December.

.

igMl-January...Tebruary..March

*prllMayJime

JulyA):«net . . .

.

18.51*6.1

63.769.5

91.7122.2182.121*5-7

299.6

286.0288.9

293.2297.1299.6

301.9303.6305.7

308.8315.6322.6

326.2332.7

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

1*8.7

118-7

1*8.7

1*8.7

1*8.7

1*8.7

1*8.7

1*8.7

US.

7

1*8.7

U8.7

1*8.7

lis .7

.1*

16.836.058.07U.9

87.3

87.|87.687.687.6

87.687.6

87.687.687.6

87.687.687.6

87.687.687.6

87.687.6

U.225.71*8.3

63.665.3

65.265.2

65.265.365.3

65. 1)

65.U65. u

65. u

65.U65.'»

51.1226.2

302.7366.71*57.7

530.7562.7580.1*

58U.358U.3

58U.3581*. 3

58U.3581*. 358U.3

58U.358U.35814.3

58U.358U.3581*. 3

58U.358U.3

28.53'*.5

3H.73t.73U.7

3t.73'*.7

3U.73U.73"*. 7

3U.731*. 7

3''-7

3U.73l*.7

31*. 73U.73lt.7

3l*.7

3t.73lt.7

3't.7

3U.7

128.7126.2U22.I508.

1

616.0

705.6759.1*

799.7818.9820.6

820.5820.5

820.5820.6820.6

820.6820.7820.7

820.7820.7820.7

820.7820.7

132.6271*. 9

397.551*1.6

758.8

950.6.055.8,089.0,01*8.2

967.3

1,020.0989.7

978-5968.7967.3

91*3-9

926.8922.7

887.0878-3791.1

779.0757.7

Baaltl I^lly Treasury Stateoenta.

1/ These Iteae represent the difference between the coat Talue andthe ttonetary ralue of silver bullion revalued and held to sacure

silver certificates.

2/ The figures in this colunn are not cuaiuletlTe; as the aiaount ofbullion held changes, the potential selgnloraca thereon changos.

Net Capital Movement to the United States, 1035 through June 1044

I In thousands of dollars. Vet capital outflow (-)l

PeriodRet capitalmoTsnent

Analysis of net capital aoTenent

Moveaent Inshort-term

banking funds

MoTsment Inbrokeragebalances

Movement In

transactionsIn domesticsecurities

UNITED STATESTREASURY DEPARTMENT

OFFICE OF THE SECRETARYWASHINGTON 25.D. C.

OFFICIAL BUSINESS

.iS

PENALTY FOR PRIVATE USE TO AVOID

PAYMENT OF POSTAQE, tSOO

FCi^ICTORY

BUYUNITEDSTATES

WARfbPJiyfc/BONDS^^"^^ AND,

»

I

3i

COPY N^Ti]

Treas.HJ10

.A2

1944C.2

U.S. Treasury Dept.

Treasury Bulletin