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4 DEPARTMENT OF THE TREASURY DOCUMENT NO. 3251A Secretary U.S. Government Printing Office, Washington : 1971 For sale by the Superintendent of Documents, U.S. Government Printing Office Washington, D.C Price (paper cover)

5 /a CONTENTS. Page Bases of tables.-.-_-_.._ 1 TABLES SUMMARY OF FISCAL OPERATIONS 1. Summary of fiscal operations, fiscal years arid monthly 1970_ 6 RECEIPTS AND OUTLAYS 2. Receipts and outlays, fiscal years Refunds of receipts, fiscal years Budget receipts, expenditures, and lending, fiscal years 1969 and Means of financing, fiscal years 1969 and Investments of Government accounts in Federal securities (net) fiscal years 1969 and 1970_> Receipts by departments and agencies, fiscal year Budget receipts and outlays monthly and total for fiscal year 1970-_ Budget receipts by sources and outlays by major functions, fiscal years i Internal revenue collections by tax sources, fiscal years Internal revenue collections and refunds by States, fiscal year 1970_ Deposits of earnings by the Federal Reserve banks, fiscal years Customs collections and payments by regions and districts, fiscal year Summary of customs collections and expenditures, fiscal years 1969 and 1970, Postal receipts and expenditures, fiscal years Seigniorage on coin and silver bullion, January 1, 1935-June 30, 1970_ 58 FEDERAL DEBT I. Outstanding 17. Federal securities outstanding, fiscal years Federal securities held by the public, fiscal years Principal of the public debt, fiscal years Investment holdings of Govemment accounts in Federal securities, June 30, Debt subject to statutory limitation, outstanding June 30, Public debt outstanding by classification, June 30, Securities issued by Government agencies subject to statutory debt limitation, June 30, Interest-bearing securities issued by Federal agencies, fiscal years Maturity distribution and average length of marketable interestbearing public debt, June 30, Summary of the public debt on an accounting basis, June 30, Public debt securities outstanding on an accounting basis, June 30, Description of public debt issues outstanding, June 30, Description of agency securities and D.C. Armory Board Stadium bonds subject to statutory limitation, June 30, Debt subject to statutory limitation, June 30, Debt limitation under the Second Liberty Bond Act, as amended, II. Operations 32. Public debt receipts and expenditures by classes, monthl}^ for the fiscal year 1970 and totals for 1969 and III

6 IV CONTENTS Page 33. Changes in public debt issues, fiscalyear Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-June Allotments by investor classes on subscriptions for public marketable securities, fiscal year Allotments of Treasury notes issued during the fiscal year 1970, by Federal Reserve districts Statutory debt retirements, fiscal years Cumulative sinking fund, fiscal years III. U.S. savings bonds and notes 39. Sales and redemptions of Series E through K savings bonds by series, fiscal years and monthly Sales and redemptions of Series E and H savings bonds by denominations, fiscal years and monthly Sales and redemptions of U.S. savings notes, fiscal years and monthly Sales of Series E and H savings bonds by States, fiscal j^ears 1969, 1970, and cumulative Savings bonds outstanding, by series and denomination, as of June 30, IV. Interest 44. Amount of interest-bearing public debt outstanding, the computed annual interest charge, and the computed rate of interest, June 30, , and at the end of each month during Computed annual interest rate and computed annual interest charge on the public debt by classes, June 30, Interest on the public debt by classes, fiscal years V. Prices and yields of securities 47. Average yields of taxable long term Treasury bonds by months, October 1941-June Prices and yields of marketable public debt issues, June 30, 1969, and June 30, 1970, and price range since first traded 226 VI. Ownership of Federal securities 49. Estimated ownership of Federal securities outstanding June 30, Summary of Treasury survey of ownership of Federal securities, June 30, 1969 and ACCOUNT OF THE TREASURER OF THE UNITED STATES 51. Assets and liabilities in the account of the Treasurer of the United States, June 30, 1969 and Accountability of the Treasurer of the United States on an accounting basis, June 30, Analysis of changes in tax and loan account balances, fiscal years STOCK AND CIRCULATION OF MONEY IN THE UNITED STATES 54. Currency and coin outstanding, in the Treasury, in the Federal Reserve banks, and in circulation, by kinds, June 30, Stock of money by kinds, selected years, June 30, Money in circulation by kinds, selected years, June 30, Location of gold, coin, and coinage metals held by the Treasury, June 30, Paper currency issued and redeemed during the fiscal year 1970 and outstanding June 30, 1970, by classes and denominations 242 TRUST AND OTHER FUNDS 59. Civil service retirement and disability fund, June 30, Employees health benefits fund, Civil Service Commission, June 30,

7 CONTENTS V Page 61. Retired employees health benefits fund, Civil Service Commission, June 30, Employees' life insurance fund, Civil Service Commission, June 30, Federal disability insurance trust fund, June 30, Federal hospital insurance trust fund, June 30, Federal supplementary medical insurance trust fund, June 30, Federal old-age and survivors insurance trust fund, June 30, Foreign service retirement and disability fund, June 30, Highway trust fund, June 30, Judicial survivors annuity fund, June 30, Library of Congress trust funds, June 30, National service life insurance fund, June 30, Pershing Hall Memorial fund, June 30, Railroad retirement account, June 30, Railroad retirement holding account, June 30, Railroad retirement supplemental account, June 30, Unemployment trust fund, June 30, U.S. Government life insurance fund, June 30, FEDERAL AID TO STATES The table ^^Federal grants in aid to States and local governments'^ is published as a separate document, heginning with report for fiscal CUSTOMS OPERATIONS 78. Merchandise entries, fiscal years 1969 and Carriers and persons arriving in the United States, fiscal j'-ears 1969 and Aircraft and aircraft passengers entering the United States, fiscal years 1969 and Seizures for violations of customs laws, fiscal years 1969 and Investigative activities, fiscal years 1969 and Principal commodities on which drawback was paid, fiscal years 1969 and ENGRAVING AND PRINTING PRODUCTION 84. New postage stamp issues delivered, fiscal year Deliveries of finished work by the Bureau of Engraving and Printing, fiscal years 1969 and Statement of financial condition June 30, 1969 and Statement of income and expense, fiscal years 1969 and Statement of source and application of funds, fiscal years 1969 and INTERNATIONAL CLAIMS 89. Status of Class III awards of the Mixed Claims Commission, United States and Germany, and Private Law 509 as of June 30, Status of claims of American nationals against certain foreign governments as of June 30, INTERNATIONAL FINANCIAL TRANSACTIONS 91. U.S. net monetary gold transactions with foreign countries and international institutions, fiscal years U.S. reserve assets, fiscal years U.S. liquid liabilities to foreigners, fiscal years International investment position of the United States, by area, at yearend Assets and liabilities of the Exchange Stabilization Fund as of June 30, 1969 and June 30, Summary of receipts, withdrawals, and balances of foreign currencies acquired by the U.S. Government without payment of dollars, fiscalyear Balances of foreign currencies acquired by the U.S. Government without payment of dollars, June 30,

8 VI CONTENTS INDEBTEDNESS OF FOREIGN GOVERNMENTS Page 98. Indebtedness of foreign governments to the United States arising from World War I as of June 30, Status of German World War I indebtedness as of June 30, Outstanding indebtedness of foreign countries on U.S. Government credits (exclusive of indebtedness arising from World War I) as of June 30, 1970, by area, country, and major program Status of accounts under lend-lease and surplus property agreements (World War II) as of June 30, CORPORATIONS AND OTHER BUSINESS-TYPE ACTIVITIES OF THE FEDERAL GOVERNMENT 102. Comparative statement of securities of Government corporations and other business-type activities held by the Treasury, June 30, Capital stock of Government agencies held by the Treasury or other Government agencies June 30, 1969 and 1970, and changes during _--_ Borrowing authority and outstanding issues of Government corporations and other business-type activities whose securities are issued to the Secretary of the Treasury, June 30, Description of securities of Government corporations and other business-type activities held by the Treasury, June 30, Summary statements of financial condition of Government corporations and other business-type activities, June 30, Statement of loans outstanding of Government corporations and other business-type activities, June 30, Dividends, interest, and similar earnings received by the Treasury from Government corporations and other business-type activities, fiscal years 1969 and Direct sales and repurchases of loans, fiscal years and monthly GOVERNMENT LOSSES IN SHIPMENT 110. Government losses in shipment fund, June 30, PERSONNEL 111. Number of employees in the departmental and field services of the Department of the Treasury quarterly from June 30, 1969, to June 30,

9 Bases of Tables Statistical sources The figures in this report are shown on the basis of: (a) The Daily Statement of the United States Treasury; (b) the Monthly Statement of Receipts and Expenditures of the United States Government; (c) warrants issued; (d) public debt accounts; and (e) administrative accounts and reports. Where no basis is indicated, the figures are derived from administrative reports prepared according to various specifications. Where more than one basis is used in a single table covering a period of years, the date of the change in basis is stated. The term "security," wherever used in the various tables, means any obligation issued pursuant to law for valuable consideration and includes bonds, notes, certificates of indebtedness, debentures, and other evidences of indebtedness. Following are general explanations of the various bases. For background on the first two bases (the daily and monthly statements) see exhibits 69, 70, and 71 in the 1954 annual report; and for the third (warrants issued) see 1962 annual report, page 502. Daily Statement of the United States Treasury The daily Treasury statement was the basis for receipts, expenditures, and the resulting surplus or deficit shown in this report for the fiscal years , and from 1916 to present it has been the basis for much of the public debt data and all of the figures on the account of the Treasurer of the United States. Since 1916 the daily statement has been based on bank transcripts (summarizing charges for checks paid and credits for deposits on the books of the banks) cleared and processed through the accounts of the Treasurer's office in Washington. Telegraphic reports are used to provide more timely data for certain major types of information pending receipt of the bank transcripts. For the fiscal years , expenditures for agencies using the facilities of the Treasury Department's Division of Disbursement were shown on the basis of reports of checks issued. Total expenditures, however, as well as expenditures for the military departments and other agencies using their own disbursing facilities, were on the basis of bank transcripts cleared. During the time it served as the basis for the budget results, the daily statement covered certain transactions processed through commercial bank account^ held in the name of Government officers other than the Treasurer of the United States, and included intragovemmental and other noncash transactions. The present daily Treasury statement reports the status of the Treasurer's account and summarizes the various transactions representing deposits and withdrawals in that account, excluding noncash transactions (with minor exceptions) and transactions involving cash held outside the Treasurer's account. Only a limited number of deposit and withdrawal classifications are shown. These data do not purport to represent budget results. Monthly Statement of Receipts and Expenditures of the United States Government Beginning with the figures for the fiscal year 1953, this monthly statement replaced the daily statement as the primary source of budget results (surplus or deficit) and other, receipt and expenditure data classified by type of account. This statement shows all receipts and expenditures of the Government including those made from cash accounts held outside the Treasurer's account. The information in the monthly statement is based on the central accounts relating to cash operations (see "Description of Accounts Relating to Cash Operations," below). Warrants issued Receipt and expenditure data shown for fiscal years before 1916 were taken from reports based on warrants issued. For receipts, covering warrants were prepared from certificates of deposit mailed to the Treasury, principally by Government depositaries, showing de- 1.:..

10 REPORT OF THE SECRETARY OF THE TREASURY posits received. The figures thus compiled were on a ''warrants-issued" basis. Since these certificates did not reach the Treasury simultaneously, all receipts for a fiscal year could not be covered into the Treasury by warrant of the Secretary immediately upon the close of the fiscal year. Therefore, certain certificates of deposit representing aniounts deposited during one fiscal year were reported as the next year's receipts. Reports of expenditures were based on the aniount of accountable and settlement warrants issued and charged to appropriation accounts. Since accountable warrants covered advances to disbursing officers, rather than actual payments, reported expenditures necessarily included the changes in balances of funds remaining unexpended to the credit of disbursing officers at the close of the fiscal year. Public debt accounts The figures reported on this basis represent transactions which have been audited by the Bureau of the Public Debt. It is sometimes several months after a financing operation before all the transactions have been reported and audited. Therefore, the public debt figures on this basis differ from those reported in the daily Treasury statement since the latter consist of transactions cleared through the Treasurer's account during the reporting period. A reconciliation of figures on the two bases is given in table 26. Administrative accounts and reports Certain tables in this report are developed from the accounts, records, and reports of the administrative agencies concerned, which may be on various bases. These tables include intemal revenue and customs statistics, foreign currency transactions in the accounts of the Secretary of the Treasury, and financial statements of Government corporations and other business-type activities. Description of Accounts Relating to Cash Operations The classes of accounts maintained in connection with the cash operations of the Federal Government, exclusive of public debt operations, include: (1) The accounts of fiscal officers or agents, collectively, who receive money for deposit in the U.S. Treasury or for other authorized disposition or who make disbursements by drawing checks on the Treasurer of the United States or by effecting payments in some other manner ; (2) the accounts of administrative agencies which classify receipt and expenditure (disbursement) transactions according to the individual receipt, appropriation, or fund account; and (3) the accounts of the Treasurer of the United States whose office, generally speaking, is responsible for the receipt and custody of money deposited by fiscal officers or agents, for the payment of checks drawn on the Treasurer, and the payment of public debt securities redeemed. A set of central accounts is maintained in the Treasury Department for the purpose of consolidating financial data reported periodically from these three sources in order to present the results of cash operations in central financial reports on a unified basis for the Government as a whole, and as a means of intemal control. The central accounts relating to cash operations disclose monthly and fiscal year inforniation on: (1) The Government's receipts by principal sources, and its expenditures according to the different appropriations and other funds involved; and (2) the cash transactions, classified by types, together with certain directly related assets and liabilities which underlie such receipts and expenditures. The accounting for receipts is substantially on the basis of collections (i.e. as of the time cash receipts are placed under accounting control), and that for expenditures is substantially on the basis of checks issued (and cash payments made) except that since June 1955 interest on the public debt has been on an accrual basis. The structure of the accounts provides for a reconciliation, on a firm accounting basis, between the published reports of receipts and expenditures for the Government as a whole and changes in the Treasurer's cash balance by means of such factors as checks outstanding, deposits in transit, and cash held outside the Treasury. Within the central accounts, receipt and expenditure accounts are classified as described in the following paragraphs. Budget accounts General fund receipt accounts. General fund receipt accounts are credited with all receipts whicii are not earmarked by law for a specific purpose. General fund receipts consist principally of internal revenue collections, which include income taxes, excise taxes, estate, gift, and employment taxes. The

11 STATISTICAL APPENDIX 3 remainder consist of customs duties and a large number of miscellaneous receipts, including fees for permits and licenses, fines, penalties, and forfeitures; interest and dividends; rentals; royalties; and sale of Government property. Special fund receipt accounts. Special fund receipt accounts are credited with receipts from specific sources which are earmarked by law for a specific purpose, but which are not generated from a cycle of operations. The Congress may appropriate these receipts on an annual basis or for an indefinite period of time. Examples of special fund receipts are those arising from rents and royalties under the Mineral Leasing Act, the revenue from visitors to Yellowstone National Park, the proceeds of the sale of certain timber and reserve lands, and other receipts authorized to be credited to the reclamation fund. General fund expenditure accounts. General fund expenditure accounts are established to record amounts appropriated by the Congress to be expended for the general support of the Government. Such accounts are classified according to the limitations that are established by the Congress with respect to the period of availability for obligation of the appropriation, as 1-year, multiple-year, or "no-year" (without a time limit), and with respect to the agency authorized to enter into obligations and approve expenditures. Special fund expenditure accounts. Special fund expenditure accounts are established to record appropriated amounts of special fund receipts to be expended for special programs in accordance with specific provisions of law. These accounts are generally available without time limit, but may also be subject to time limitations as in the case of general fund accounts. Revolving fund accounts. These are funds authorized by specific provisions of law to finance a continuing cycle of operations in which expenditures generate receipts, and the receipts are available for expenditure without further action by Congress. They are classified as (a) Public enterprise funds where receipts come primarily from sources outside the Government and (b) intragovernmental funds where receipts come primarily from other appropriations or funds. Treasury reports generally show the net effect of operations (excess of disbursements or collections and reimbursements for the period) on the budget surplus or deficit. These accounts are usually designated as "no-year" accounts; i.e., they are without limitation as to period of availability for expenditures. Examples of public enterprise revolving funds are the Export-Import Bank of the United States and the Commodity Credit Corporation. Examples of intragovernmental revolving funds are the general supply fund, administered by the General Services Administration, and the Government Printing Office revolving fund. ConsoUdated working fund accounts. These are accounts established to receive (and subsequently disburse) advance payments from other agencies or bureaus pursuant to section 601 of the Economy Act (31 U.S.C. 686) or other provisions of law. Consolidated working funds may be credited with advances from more than one appropriation for the procurement of goods or services to be furnished by the performing agency with the use of its own facilities within the same fiscal year. Expenditures recorded in these accounts are stated net of advances credited and are classified under the agencies administering the accounts. The accounts are subject to the fiscal year limitations of the appropriations or funds from which advanced. Management fund accounts. These are working fund accounts authorized by law to facilitate accounting for and administration of intragovernmental activities (other than a continuing cycle of operations) which are financed by two or more appropriations. This classification is also often applied to the consolidated working funds for interagency activities described above. Trust fund accounts. These are accounts maintained to record the receipt and expenditure of moneys held in trust by the Government for use in carrying out specific purposes or programs in accordance with the terms of a trust agreement or statute. The receipts of many trust funds, especially the major ones, not needed for current payments are invested in public debt and Government agency securities. Generally, trust fund accounts consist of separate receipt and expenditure accounts, but when the trust corpus is established to perform a business-type operation, the fund entity is called a "trust revolving fund" and a combined receipt and expenditure account is used. Some of the major trust accounts are the Federal old-age and survivors insurance trust fund, unemployment trust fund, civil service retirement and disability fund, the national service life insurance fund, and the highway trust fund. Transfer appropriation accounts. These accounts are established to receive (and subsequently disburse) allocations which are treated as nonexpenditure

12 REPORT OF THE SECRETARY OF THE TREASURY transactions at the time the allocation is made including certain transfers under section 601 of the Economy Act (31 U.S.C. 686), and similar provisions of law. Other accounts Deposit fund accounts. Deposit funds are combined receipt and expenditure accounts established to account for receipts that are either: (a) Held in suspense temporarily and later refunded or paid into some other fund of the Government upon administrative or legal determinaton as to the proper disposition thereof, or (b) held by the Government as banker or agent for others and paid out at the direction of the depositor. Such funds are not available for paying salaries, expenses, grants, or other expenditures of the Government. Historical Data Historical data consistent with the unified budget have been compiled for the applicable tables back through fiscal 1954.

13 TABLES NOTE. Details of figures may not add to totals because of rounding.

14 1970 REPORT OF THE SECRETARY OF THE TREASURY Summary of TABLE 1. Summary of fiscal operations, [On basis of "Monthly Statement oireceipts and Expenditures Budget receipts, expenditures, and lendkig Fiscal year or month Net receipts The expenditure account Net expenditures Surplus, or deficit (-) Loan disbursements The loan account i Loan repayments Net lending July.. Aug... Sept.. Oct... Nov.. Dec Jan... Feb... Mar... Apr... May.. June.. $69,719,267,604 66,468,612,716 74,647,008,760 79,989,824,460 79,635,842,936 79,249,126,696 92,492,109,550 94,388,726,938 99,675,605, ,461,830, ,560,254, ,466,073,478-4,896,818, ,661,852, ,039,187,824-5,377,335,327 10,237,106, ,833,423, ,180,773, ,349,596 10,911,140, ,856,967, ,819,900,519 36,066,937 14,628,467,000 10,796,441, ,662,405, ,200,978,496-3,648,573,418 17,675,884,718 12,622,606, ,671,422, ,802, ,131,069, ,463 14,296,904,552 ' 187,784,462,748 ' 183,071,967,248 13,167,394,765 11,691,193, , 743,250, ,459, 543,206 12,541, 688,994 15,642,327,069 14, 999,421,492 16, 790,037,001 20,406, 963,159 17,167,312, ,832,178,033 17, 601,528, ,331, 562, , 225,350,609 16,701,061,781 15, 228, 828,419 16,302, 808,436 16,563, 652,047 14, 929, 276, ,109,893,448 22,042, 867,435 13, 986, 626, ,660, 923, 691 n.a. n.a. n.a. n.a. $81,031,302,611 89,445,950,997 90,341,104,626 96,596,688,116 14, 990,425, ,301, 382,086 17, 867,179,186 16,320, 786, ,870,733,237 n.a. n.a. n.a. n.a. -$1,396,459,676-10,196,824,401 2,151,004,925-2,207,961,178-4,786,226,566 4,712,495, ,292,416-3,000, 638,065-1, 790, 615, 609 3, 238, 660, 884-5, 769, 350, , 797,571 1,472, 223, , 843, ,149,809-3,191,488,638 4,186, 688, 249-2,336,161, 222 7, 690,190,354 n.a. n.a. n.a. n.a. $6,519,941,000 7,869,473,000 8,309, 688,000 7,868,998,000 9,621,496,000 9,646,230,000 8, 343, 707, ,050, , 775, ,404, ,479, , 295, , 825, ,494, ,191, , 744, , 764, , 586, 749 1,357,094,196 n.a. n.a. n.a. n.a. $4,976,161,000 ' Revised. n.a. Not available.» Data for fiscal years from 1969 budget document, released Jan. 29,1968. «For content, see table 17. ' For content, see table 18. 5,200,965,000 6,427,339,000 6,671,107,000 7,270,733,000 9,791,169,000 9,692,585,000 9,662,168,000 6, 215,464, , 674, , 813, ,009, ,217, ,168, ,888, , 749, , 666, ,851, ,040, ,647, ,947, 742 n.a. n.a. n.a. -$1,543,790, doo -2,658,508,000-1,882,249,000-1,197,891,000-2,350,763, ,929, ,000-1,248,972,000-3,832,026,000-5,053,278,144-6,030,163,901-1,476,201,294-2,128,242, ,476, ,962, ,395, ,261, ,136, ,063, , 265, ,473, ,892, , 724, ,038, ,146,464

15 Fiscal Operations STATISTICAL APPENDIX fiscal years and monthly 1970 ofthe United States Government," see "Bases of Tables"] Budget receipts, expenditures, and lending Continued Outlays (expenditures and net lending) Budget surplus, or deficit (-) Federal securities ^ Selected balances, end of period Federal securities held by the public ^ General account of the Treasurer of the UnitedStates* Other cash and monetary assets $70,889,744,341 68,609,184,178 70,460, ,740, ,575, , , ,625 97,794, 579, , , , 311,144, , 583, 707, , , 651,926, , r 184, , , 687,785, , 694,803, , ,214 17,615, 707,795 17, ,399 15,461, ,088, 765, , , 274, ,903,389 16,444,825,828 15,350,879,691 -$1,170,476,837-3,040,571,462 4,086,679,431 3,249,241,956-2,939, 249, ,855, , 755,926-3,405, 862,178-7,136, , 760,889, 740-5, , , , ,232,923 3,236, 294, , ,114, ,577, 722 2, 790, 255,364-6, 111, 612, , ,286, , 688, Oil 43,323, 762-3,429,381,415 3,985, ,459, , $272, , , , , 604, , 743, , , , , ,100, 313, ,448, , , 052, ,859, , 977,865, , ,428,409, , 584,461, ,930,193, , 785,170, ,446, 527, ,017, 054, ,045, 396, , ,812,862, ,994, 283, , , , ,506 $ ,347, , 616, 602, ,416, , 002, ,176,808, , 603,936, ,302, , 663, 066, , 613, 962, , , 528,868, , ,009, ,880, ,929, 791, ,308, ,232,824, ,620,833, , 236, ,774, ,099, 726, ,960, ,275,117, , ,036,156, , ,929 $6,738,565,437 6,266,781,422 6, 799, ,470,259 9, 797,462, ,691, ,136 6, 770, 617, ,604,210, , , , 709, , 615,322 7, ,874 6, , 839 7,644, ,616 6,650,431,546 4, ,431 7, ,669 6,428,902, ,495,068 6, , ,393 7, , , ,285 6, , 207 9,290,801,616 $2,820,303,610 2,303,984,346 1,943,614,996 2,662,035,201 3,198,868,818 3,174,407,652 2,936,385,245 2,568,141, ,788,362 2,221,776,329 1, ,937 2,648,116,850 2,459,663,848 2,112,501,319 4, ,676 6,962,635,684 5,786,048,482 5, , ,910 6, , , , ,749 7,095,837, 624 6, 795, ,117, , , , Includes transactions in transit as of June 30. For content, see table 52. NOTE. Some of the fiscal data have been revised due to reclassifications in the unified budget durmgfiscalyear 1969.

16 REPORT OF THE SECRETARY OF THE TREASURY Receipts and TABLE 2. Receipts and outlays, [On basis of warrants issued from 1789 to 1915 and on basis of daily Treasury statements for 1916 through of the United States Government." General, special, emergency, and trust accounts combined from through 1953; on basis of unified budget thereafter. For explanation of accounts see "Bases of Tables"] Receipts Year > Customs Intemal revenue Income and profits taxes Other Other receipts Total receipts 2 Net receipts $4,399,473 3, , , , , 650 7,106, 062 6, 610,449 $208, , , , $19,440 17, , ,318 1,334, , , , 228 $4.418, ,431, ,646, ,080,933' 10,750, , , , , ,363,-651 7,296, , ,180 50, ,101 13, , , , , , , , , , ,936,331 14,995, , ,307 13,560, ,559,931 16,398, ,060, 662 7,773, ,309 13,313,223 8, ,772 7,282, ,348 17, ,283, ,431 2, ,662, , , , ,475 1,108, ,462 1, 111, 032 3, 619,868 3,768,023 6,246,088 4,137,601 3,463,616 4,090,172 9,384,215 14,423, 529 9,801,133" 14,340,410 11,181, , , 677, ,099, ,603, ,005,612 13,004,447 17,589,762 19,088, ,713 23, , 681, ,261 69,028 67, , ,771 21,590 19,886 17,452 14,603 2,768,797 1, , 000 1,417,991 1,468,224 1,716,374 1,897,512 3,234,195 1,540, , ,670 14,573,380 20, ,840,858 25,260,434 22,966,364 24,763,630 24,827, ,922,391 24,224,442 28,465,237 29,032,609 16,214,967 19,391, ,941 11, ,925 12,161 6,934 11,631 2,759 4,196 10, ,663 2,909, ,388,693 4, , ,317 27, ,342,271 24,844,116 28, 526,821 31,865,561 33, ,791, ,087 50,826,796 24,954,153 26,302,562 31,482, , 046, ,571 27, ,668 23,747, , ,739 Footnotes at end of table ,777 3,517 2, ,978, ,787,794 1,256,755 3,136,026 2, ,984, ,978,333 2,861,404 19,480,115 16,860,160 19, , , ,699,967 26, ,736,779 31,208,143 " '_ [

17 STATISTICAL APPENDIX 9 Outlays fiscal years Beginning with fiscal year 1963 on basis of the "Monthly Statement of Receipts and Expenditures 1789 through Trust accounts excluded from 1931 through On basis of "Administrative budget" Outlays Department of the Army 3 Department of the Navy ^ Interest on the public debt Other* Total outlays' Surplus, or deficit (-)«$632,804 1,100,702 1,130, ,098 2, ,039,403 2, ,466,947 2,560,879 1, , , ,781 1,224,355 1,288,686 2,900, $ i,'469' ,632 1,381,348 2,858,082 3,448,716 2,111, ,562 1, ,189,833 1, 697, , ,064 1, ,427,769 $2,349,437 3,201,628 2,772,242 3,490,293 3,189,151 3, ,300,043 3,053, ,288 3, , ,125, ,828 4,266,683 4,148,999 3,723,408 3, ,428,153 2,866,075 $1,286, , , ,039 1,459, , ,232,353 1,155,138 1,401,775 1,197,301 1,642,369 1, ,602 4,046,954 3,206,213 1,973,823 1, , $4,269, ,313 6,990,839 7, ,634 7,676, ,786,075 9,394,682 7, ,851,653 8, ,234 9, , , ,748 $149,886-1,409, ,610-1, ,425,275 2, ,5^, , ,642 62,674 3,540,749 7,133,676 3,212, ,054, ,043,868 7,128,170-2,607, ,324 2,032,828 11,817,798 19, ,350,807 14,794,294 16,012, ,506, ,392 4, ,981 3,096,924 3,340,940 3,659, ,194 3,938,978 4,145, , , , ,019 5,696,189 5,759,157 12,169,227 13,682,734 12,8^7,224 8,916,996 1, ,666 3,959,365 6,446,600 7,311,291 8,660, , ,640 4,387,990 3,319,243 2,224,459 2, , ,049,084 4,218,902 4,263,877 3,918, ,746 3,239,429 3, , ,367 3,956,260 3,864,939 5,807,718 6,646,915 6, ,182,294 2,845,428 2,465,733 2,451,273 3,599,455 4,593,239 5,754,569 7,213,259 6,389,210 6,016,447 5,163,638 6,126,097 5,087,274 5,172,578 4, ,996,562 4,366,769 3,973,481 3,486,072 3, ,542,843 1,913,533 1,383, , , ,153 57,863 i4,"997" 399,834 1, ,594,210 2,052,335 1,983,784 2, , ,775 5, ,946,332 6,116,148 2,942,944 4,491,202 4,183, , ,220 4,450,241 5,231,711 4,627, ,976 5,166,049 7,113,983 12, ,772,967 7,890,854 12,891,219 16,913,847 14,821,242 11,400,004 8,156,510 8,058,337 20, , ,139 30, , , , , ,763 15, ,840 20,326,708 15,857,229 17,035,797 16,139,168 16, ,066 15,247,651 17,288,950 23,017,552 18,627,669 17,572,813 30,868,164 37,243,496 33,865,059 26, , , ,479,638-17,341, ,979,116 17,090,980 11,255,230 1,760,050 3,139, ,957-1,237,373 5,232,208 6,833, , ,629 8, ,196 8,368,787 9,624,294 9,701,060 13,279, , , ,857, ,632-12,289,343-7,562,497 4,583,621 7,097,070 8,805,565 6,611,887 2,957,300 5,179,220 5, ,792,867 38,305,520 25,501,963 14,852,966 6,113,897 6,001,077 8,397,243-3,727, ,199 6,297,245 6,454,947 7,900,636 9,408, , , , , ,595 1,833,867 1,040, ,723 1,119,215 2,390,825 3, ,932,014 11,474,253 9,423,081 4,649,469 8,826,285 9,847,487 9,676,388 9,956,041 8,075,962 16,846, ,579 26,565,873 25,205,761 11,858,076 22,337,571 22,937,408 27,766,925 67,281,412 45,377,226 45,051,657-4,837,464-9, ,563-3,555, ,032,698 1,933,042-30,785,643-9,641,447-13,843,614

18 REPORT OF THE SECRETARY OP THE TREASTJRY Receipts TABLE 2.- Receipts and outlays. Yeari Customs Internal revenue Income and profits taxes Other Other receipts Total receipts 3 Net receipts $39,668, ,568 47,339, , ,190 53, ,022,863 63, , ,565,824 $3,934,753 3,541,736 2, 507,489 2, , ,324, ,033,836 6,089,408 4,865,745 3,920, 641 $43,603,439 52,559,304 49, ,054 73,800,341 65,350, ,056,699 68,965,313 46,655,366 63, I ,187,512 39,582,126 49, , , , , ,417, ,464, ,048, 427 $2,741,858 20, ,982,159 66, ,465,698 34, 791,856 $34,898, , ,484, , 244, ,013, , 664,605 2, ,927,805 2,931,058 6,996, , ,155 48,188,662 60,085,894 32,538, ,931 51,987, , , , ,943, , , , , ,956, , , ,775,874 19, , , , ,123, , ,205, ,667, , , , 700, ,630, ,611 31,817,347 33,955,383 27,094, ,368 39,465,137 20,824,835 29,323,148 31,819,518 17, Oil, ,015, ,255, , , , ,096, , , , ,410, , 706, , , ,022 66, ,009, ,261, ,497, , 720, ,530, ,498, , , , 296, ,881,514 22,995, ,231 36,616, ,716 31,866, ,041 26, 728, , ,878, , , 526, ,782, , , , ,690, ,439, ,403, ,266, , , , 522, ,452, ,356, ,818, , ,021, , , 675, , ,606, , , , ,900, ,437,162 30,805,693 27,403,992 23, 513,748 21,436,988 27, 425, ,830 24, ,845,631 36, , , , ,355, , 729, ,721, ,321, « ,444, , , , 251, , ,672 20,951, , 516,977 28, ,327, ,180, , ,810, ,904, ,150, , 666, , 711, , ,981, ,012, ,748, ,218 36, , 591, ,960, , , , , , 240, ,685, ,478, ,880, , , , ,860, ,861, ,320, , , Footnotes at end of table.

19 STATISTICAL APPENDIX 11 fiscalyears Contmued Outlays Department of the Army 3 Department of the Navy 3 Interest on the public debt Other* Total outlays 2 Surplus, or deficit (-) * $9,400,239 11,811,793 8,225,247 9,947,291 11,733,629 14,773,826 16,948,197 19,261,774 25,485, ,823 $7.904,709 9,005,931 8,952,801 10,918, ,586 13, ,091,781 12,747,977 13,984, ,990 $3,782,331 3,696,721 4,000,298 3,665,833 3, 071, 017 2,314,375 1,953,822 1, 678, 265 1, 567, 056 2, 638,464 $18,456, , ,016, ,652,206 32,441,630 29,342,443 36, 577, ,107, ,148, $39, 643,492 47, 709, ,194,919 48,184, ,044,862 59, 742,668 69, 571,026 67, ,185,270 69,070,977 $4.059, ,287 6,661,897 13,402,943 16,756,479 5, 607, , ,904-15,584,512 16,409,767 22,981, ,368, ,298, , 791, ,323, ,449,702 95,224, ,246, , 501, ,965 12,420,888 42, ,221,964 85, 725, ,612,945 43,324, , Oil 25,775, ,000,758 3,177,315 4,000,174 13,190,325 24,729,847 53,685,422 77,397, ,067, , 781, ,424, ,694, , ,144,433 24, 534,810 27, , , 221, , 967, , ,894,088 93, ,130, , 546, ,761, , 740, ,322,642 1,297, 555, ,809, , 642, ,340, ,865, 278-7,065,990-25,036, ,774, , , ,840,619 37,223, ,091, ,078,469 57,656, ,992 35,372,157 46,323, ,927 41,120,646 38,070,889 37,082, ,154, ,661 21,780, ,431,027 21, 249,810 23,526, , ,497,626 18, ,959,935 17,365,301 15, ,235, , 576, ,357, , 750, , ,093, ,243, ,124, ,600, ,327, , , 369, , , 745, ,911, ,823,615 92,167, ,944, ,069, ,653, ,177, , 517, ,345, ,633, ,623, , , ,964, ,947, , , , 688,905 43,392, , , , 799,552 6, ,916 40, , 670,494 48,911, , ,670, ,324,153 38, 661, ,522, , 536,985 15,686,672 15,032, , 283, ,601 16,021,080 13,907, ,127 16,926,438 21,378, , 077, ,160,131 54, 578,379 51,386,256 50, 580,146 47, 741, ,001, , , ,301, ,053, ,825, ,149, ,670, , 488, , 760, ,473, , ,712, , ,408, ,126, ,226, ,483, ,932, , ,978 65, , 543, ,879, ,393, , , ,471, , 341,274 87, 761,081 44,582, ,065 46,895, , 641, ,930 51,804, ,830,921 48,950, ,992, , ,006, ,113,896 29,174,139 30,136, , 701, , 797,796 27,147, , 561, ,823, ,104 36,099,284 37,547,135 23,378,116 27, 264,392 27,841,406 30,978,030 35,385,029 37,791,110 37, , , ,392, , 575, ,435, ,414, ,614, , ,471, ,967, ,391, , , 773, ,023, ,477, ,525, ,195, ,179, , 774, ,368, ,040, , ,169,966-31, , ,052, , ,111, , 774, , , 272, , 629, ,199, ,093, , , 775, , ,486, ,823, , ,953,078 60, 506,978 67,803,128 82,618, ,956, , 650, ,474, ,128, ,037, , 546, Oil 123,173, , ,956 40,160,333 32, , 556,349 24, ,944 24,308, , 481, , ,836 21,342, , , ,972, , ,050, , 202, ,857, ,043, ,093, , 744, ,892, ,907, , ,753, , ,860, ,616, ,234, , ,659, , 278, ,202, , ,196, ,743, ,617, , , , , ,874,595-42, , , ,334, ,105,350 10, , 727,

20 TABLE 2. Receipts and outlays, fiscal years Continued tsd Yean Customs Income and profits taxes Internal: revenue Other Other receipts Receipts Total receipts by major sources 2 Refunds and transfers * Receipts, less refunds and transfers Interfund transactions (deduct) 6 Net receipts h-l CO $318, 891, , 786, ,185, , , , $35.006, , , 201, , ,681, 228 2, 314,006, 292 3, 018, $309,410, , 659, , ,764, , , 296, $60,802,868 62, 312,145 72,454,509 56, 646, , , 550, ,514, 290 $724, 111, , , 910, ,124, 324,795 3, 664, , 257,136 -$9,648,197-9,556, ,493,508-21,089,442-23,824, , , 698 $714,463, ,116, ,417, , , 500,109. 3,645,239,790. 5,130,042,438. $714,463, , ,446,106 1,100,500,109 3, ,438 0 Q ^ , 902, ,564, ,443, ,928, , 637, ,561, ,430, ,499, ,986, , 262,786 3, , 206,046, ,193 1, 678, 607,428 1,842,144, , , 224, ,173,952,657 2, ,823 1,460, 082, 287 1,390, 379, ,125, ,865, , , 638, , , , 018, , , 631, , ,407, , 250, ,411, , 686, ,480, ,390, , , 694,565,389 5, 624, , , ,481 4, 012, , , 685 3, , , , 033, 250, , ,041-83, 203, ,340, ,831, ,343, , , ,660, ,898,325. 6,570,789,920. 4, , ,571. 3,871,213, , , 795, ,012, , , ,861,689, , , 794, 571 3,871, 213,633 3, 640,805, ,107,915 4, , 798 3,900,328,762 3,861, tei w tei 0 SI tei H > , ,354, , ,434, ,363, , ,187, , 590, ,870, , , 290, , , , 860, 394, 295 1,057, , 206, ,961, , 638 1,426,575, 434 2,163,413, , , 635 3,469,637, ,464, , 668, , 654, 851, , 308, , , 670, , 217, 512 1,822, 642, , 390 2, 086, 276,174 2, , 286 3, , 726 2,972,463, ,353 3, ,133 5,032,652, 915 6, 050,300, 218 7, 030,135, , 503, , , 522, , 515, , , , 093, ,155, , , , , , , 702 3,189, 638, 632 2, 005, 725,437 2, 079, 696, 742 3,115,654,050 3,800, ,956, 615 5, , 241,661, 227 5, 667,823,626 5,893,367,939 7, ,580 13,676,680,460 23, ,396 45,441, 049, , , ,483, , , 019, ,989, ,440, ,524, ,680, , 244, ,621,609-1,805, , ,115, 556,923. 1, 923,913,117 2, 021, , 064, 267,912 3, ,845 4, 068, 936, 689 4, 978, 600, 695 6, 615, 221,162 4,996, , ,102, , ,084 21, 986, , $ ,369,110 49,298, , ,877,714 22,988,139 27, 209,289 17,233,672 6, 763, 273 7,256,331 8,817,329 39,417,630 72, , ,556,923 1, 923,891,824 1, 996,843, ,969, ,955, 600 3, 997, 058, ,612,556 6, 688, Oil, ,065, ,249,771 7,095, 676, ,618,766 21,947, 283, ,460 0 w tei tei >

21 Yeari Department of the Army 3 Department of the Navy 3 Interest on the public debt Outlays Other 4 Total outlays by Interfund transactions major pmposes 2 4 (deduct)«total outlays a * Surplus, or deficit (-) * $202,128,697 $133,262,862 $22,899,108 $356,673,099 $714, $714,863,766 -$400, ,349, ,682,186 22,863, , , ,525, , ,059, ,835,654 22,902, ,295, ,093, ,093,294-62,676, , ,853,567 22,900, , , ,966,760 48,478, ,940, ,632,757 24,742,702 1,311,540,736 1,953,857,065 1,963,857, , ,869,955,286 1,278,840, ,743,277 6,338,820,346 12,677,359,396 12,677,359,396-9,032, ,009,075, ,310, ,216,569 6,862,063,114 18,492,665,257 18,492,665,257-13,362,622, ,621,953, ,021,456 1,020, ,979,450,604 6,357, , , ,221, ,118,076, , , ,189,669 6,061, ,061, ,005, , ,775, ,000,769 1,363,872,381 3,289,404,473 3, , , , ,198 1,056,923,690 1,354, ,140,286,619 3,140,286, ,607, ,016, ,249, ,602,913 1,277,977,968 2,907,846,896 2,907,846, ,366, , ,806,662 1,324, ,923, , , ,089, ,743, ,937,700 1,421,192,993 2, ,048 2,929,964, ,143, , ,909, ,019,578 1,382,386,240 2,857,429,031-2,857,429,031 1,155,364, , ,764,476 1,497, ,961,245,461 2,961,245, ,083, ,945, ,661, , ,658,361,114 3,127,198,636 3,127,198, ,390, :.. 464,853, ,163, ,347, , ,320,211,324 3, , , ,141, ,768, ,659,704 2, , ,434,003 3,577,434, ,877, ,305, ,617, ,276, , , $21,294 4,659,181,632-2,735,289, ,620, ,372, ,366,106 3,149,606,267 4, ,028 24,369,110 4, , ,652, ::.- 408,686, ,927, ,617,127 6,231,768,454 6,693,899,854 49,298, ,601,741-3,629,631, :: ,996, ,266, ,926,353 4,775, ,520,965,945 23,958,246 6,497, ,791,052, : 618,687, , ,396,802 6, ,790 8, ,877,714 8,421,608, ,549, ,384,331 6, ,728 7,766,021,409 22,988,139 7,733,033, ,420, : , ,129, ,280,714 4, ,837,760 27,209,289 6,764,628,471-1,176,616, ,256, ,722, ,549,938,998 8,868,457,570 17,233,672 8,841,223, , , ,484,523 1,040,935,697 6,222,451,833 9,062,032,204 6, , ,918, ,938,943, , ,110, ,899,509,926 13,262,203,742 7,265,331 13, ,411-6,159, ,098 8,679, ,260, ,880, , ,816 8,817,329 34, ,487-21,490, ,525, ,349, ,160, ,069,207 79,407,131,162 39,417,630 79,367,713,522-57,420,430, ,438, ,637,633,877 2,608,979,806 16,473,764, ,898 72,706,896 94,986, , GO > H-l W t-3 a > > tei!^ Footnotes at end of table. CO

22 TABLE 2. Receipts and outlays, fiscal years Continued Receipts Year Customs Income and profits taxes Internal revenue Other Other receipts Total receipts by major sources 2 Refunds and transfers «Receipts, less refunds and transfers Interfund transactions (deduct) 8 Net receipts $ , ,078, , , ,008, ,696, ,419,582 $35,173,051,373 30,884,796, , 568,454 31,170, 968,403 29,482,283,759 28,262,671,097 37,752, 553, ,346, 525, ,967,793 $8, 728,950,555 9,425, 537,282 10,073,840,241 10,682,516,849 10,825,001,116 11,185,936,012 13,353, 541,306 14, 288,368, ,808,006,083 $3,493,523,901 $47,750,306,371 -$3, ,708 3,492,326, ,.238,135, ,466, ,634, 701,652 44, 508,188, ,007,571 3,823, 599, ,098,807, ,610,628,472 2,081,735,850 42,773, 605, ,956,071 1,439,370,414 41,310, ,815,727,015 1, 638, 568,845 53,368, 671, ,801,058,408 1,813,778, ,999,369, , ,864, 741,185 72, 649,134, ,824,090,621 $44,475,303, ,771,403, ,181, ,178,842 37,695, ,494, 900,837 47, 567,613,484 61,390, 944,552 64,825,044,026 $ , , 532, ,014, , , 576, , 966, , , ,459, 602 $44.362,020, ,870,986 39,677,167,024 41,374,701,989 37, ,939 36, ,577 47,480,067,075 61,286,560, , tei 0 0 tei tei Year i Individual Income taxes Corporation Excise taxes Estate and gift taxes Social insurance taxes and contributions Customs duties Employment Contributions taxes and for other contributions ^ insurance and retirement 10 - Miscellaneous taxes and receipts Refunds of receipts " Net budget receipts Ui tei 0 > $32,392,146, , ,340,349,927 39,066, 646, ,681,942,041 40, ,129 44,971,310, ,153,000, ,649, 593, , , ,384 63,660,682,653 61,297,651, ,370,595,136 78,252,045, , , 661,585, 605 $ , ,362 21,298,521, ,530,653, , ,091,609,456 22,179,414,267 21, , ,300,863,236 26, , , ,260 29, , , $10,014,443,842 9,210,581,897 10, ,869 10, 637,543,788 10, ,759, 549, ,064,302,042 12,752,175,848 13,409, 737,348 13, , ,778,809 13,398,112, ,320, , 542,046,719 15, 904, 263, 668 $945,049, ,267,446 1,171,237,192 1,377,998,889 1,410,925,018 1,352,982, , , ,302 2, ,128 2,187,457,229 2,416, ,746,532,499 3,093,921,882 3,014,405,754 3,081,978, 790 3, , $562,020, ,396, ,897, , ,504, ,412, ,037, 679 1,007,755, , ,884 1, , , 648,821 1, , 971,799, , ,473 2,494, $5,266, 575,249 6,031,045,395 7,124, 632,038 7,463,157,974 8, 699,152,717 8,904,630,798 11,337,418, , 775,130, , 976,540,446 14,885,842, ,125,163,991 17, ,889, ,105,097,413 29,487,010,470 34, ,355 39, 519, $1, 984,346, 542 1,886,467,854 2, 263,981,844 2,594, 588, 920 2, 618, 584,155 2, 904,787,240 3,437,824, 557 3,762,792,880 4,216, 589, 270 5,061,090,240 5, ,907,261, 587 4,911,369,694 5,532,756,875 6,403,864,807 5,688, 676,958 6,171, 434, 438 $449, 568, , 950, , 223, ,306, ,161, , ,189,529, ,422, , 270, 781 1,023,262,348 1,086,307, 634 1, 597,638,325 1,875, ,107,863,544 2,491,496, 357 2,916,385, 098 3, , 505 -$3,417,737,374-3,476, 987, 625-3, 750, , 975,532,487-4, 598,010, 555-5,113,762,669-5,237,513,807-6,976, ,265,669,311 6, 571,386,963-7,148, ,029,544, , , , ,278-16,139,325,917 $69, , ,468,612,716 74, 547,008,760 79,989,824,460 79,635, , ,492,109, ,388,726,938 99, 675, 605, ,560, 254, ,661,852, ,833,423, ,855,967, , 552,405, , ,792,336, , , tei tei tei > cl

23 Yeari Department of the Army» Department of the Navy 3 Department of the Ahr Force«Interest on the public debt Outlays Other Total outlays by major purposes 2* Interfund transactions (deduct) 8 Total outlays 2 4 Surplus, or deficit (-) « Yeari... $50,490,101, ,986,769, ,138, , ,397,097 6,789,467, , ,462, $30.047, ,379 5,597, 203,036 4,284, ,434, ,653 5,862,648,845 10,231,264,765 11,874, $1,690,460,724 3, 520, 632,580 6,358,603,828 12,851,619,343 16, , 952 Department Department of the Treasury Department Department of of Health, Edu- - of Agriculture Defense cation, and Welfare 12 Interest on the pubhc debt Other $2,613,484, ,010, , , ,422,114. 6,529,382,614 $40,625,674,430 35,629,778, , ,034,957 39, ,493 $1,977,283, 991 1,989, 947,310 2,067,374, ,636,400,426 3, ,327 $ , ,957,683 4, 957,922,484 5, , ,396,336 5,749,913,064 5,612,654, ,263, , 580,030 $6, , 640 6,370,361,774 6,786, 698, ,193,486 7, ,062 7, 592,769,102 $14,262,279,670 12,574, ,305,128,987 15,874,431, ,180,029,420 20,427,444, , 588,084, ,012,727,036 23,756,285,980 $5,022,986, ,333, ,255,275, ,262, ,415 $98,416,219,790 60,447,574,319 39,032,393,376 33,068,708, , 506,989,497 39, 617,003,195 44,057,830,859 65,407,584, , 274, 257,484 Other $15, 504,712, , ,801, , ,205,883 18,593, 799,491 $113,282, , 532, ,014, ,476,853 32, 576, ,966, , 546, ,383, ,459, 602 Undistributed intrabudgetary transactions -$1,236,883,402-1,218, ,453,307,258-1,856,452, , ,237,689,445 $98,302, 937,069 60,326,041, ,923,379, , ,474, , 544, ,970, ,303, ,119, 797,882 Net outlays $ ,509,184,178 70, ,740, 582,504 82, 575,092,611 92,104,458,997 -$53, , ,419,469, , ,102,357 3,509,782,624-4,016,640, ,457 Surplus, or deficit (-) -$1.170,476,837-3,040,571,462 4,086,679,431 3,249,241,956-2,939,249,676-12,855,332, < > tei _ 4,842,598,671 " ,762. 5, " , 294, " ,444,729. 7,332, ,468,177,889 60,702,892,890 3,400, 074, ,437 4,210,376, ,628 21,696,149,316 9, ,857 8,967, 241, 616 9,119, ,895,303, , ,572, 618,347 15,826,494,756 17, 518, 660, , ,494 19, , ,899,608, ,929, ,052, ,296, 263,275-2,448,969,016-2, 613,328,944-2, 643,898, 620-2,876,607,445 92, ,625 97,794, , ,311, ,683,707, ,925-3,406, , , ,921,855, ,795,400,161. 5, ,042. 5,841,161,394. 7,306,960,660. 8, , ,663,325 47,179, ,393, , ,852 78,360,167, ,732,260,917 27, ,607, , ,029,486 52,337, 602, ,346,454,680 12,013,862,667 13,391,068,052 14,573,008, , , 303,669, , ,021, , 521, , 558, , 575,956 33,398, ,671,466, , ,184 38,674,972,072 44, 454, 083, 531-3,109,004,109-3,364, , 936, ,498,969, 647-5,116,860,970-6,379,876, ,429,745, , ,655, ,556, , , 632-1,696,321,595-3, ,701,851,661-25,161, ,236,294,206-2, 844, 534,843 Footnotes on following page. CJl

24 REPORT OF THE SECRETARY OF THE TREASURY Footnotes to table 2 I From 1789 to 1842 the fiscal year ended Dec. 31; from 1844 to date, on June 30. Figures for 1843 are for a half year, Jan. 1 to June Effective Jan. 3, 1949, amounts refunded by the Government, principally for overpayment of taxes, are reported as deductions from total receipts rather than as outlays. Also, eflective July 1,1948, payments to the Treasury, prmcipally by whouy owned Govenmient corporations for retirement of capital stock and for disposition of earnings, are excluded in reporting both budget receipts and outlays. Neither change affects the budget surplus or deficit. Figures beginning with fiscal 1913 have been adjusted accordingly for comparability. For adjustments for refunds of receipts for fiscal years see 1967 annual report, pp For capital transfers for fiscal 1931 through 1948, see 1958 annual report, p. 396, footnote 3. 3 Includes all mihtary and civil outlays of the Departments of the Army (including the Panama Canal), the Navy, and beginning with fiscal 1949 the Air Force, except civil outlays of War and Navy at Washington through fiscal Department of the Army outlays include those of the Department of the Air Force (established Sept. 18,1947) from funds made available before fiscal Begirming with fiscal 1952 outlays of the Department of Defense not classified among its three departments are included under "Other." Military assistance outlays for foreign aid programs are included under "Other" except as noted. See footnote 14. * The practice of including statutory debt retirements in budget outlays was discontinued effective with fiscal Such outlays are not included in this table, nor does the "Surplus or deficit" take into account such outlays. Table 37 shows details oi statutory debt retirements. «Refunds of receipts and transfers to trust funds. For content for fiscal years see 1967 annualreport, pp » For content see 1961 annual report, pp ' Sec. 114(f) of the Economic Cooperation Act of 1948, approved Apr. 3,1948, required that $3,000,000,000 be transferred to the "Foreign Economic Cooperation Trust Fund" and "considered as expended during the fiscal year 1948, for the purpose of reporting goverrmiental expenditures." The effect of this was to charge the budget in fiscal 1948 for outlays made in fiscal 1949, with consequent effect on the budget surplus or deficit of those years. This bookkeeping transaction had no effect on the actual timing of either receipts or outlays. In order to simplify comparison of figures between years, the transactions shown in this taldle do not take into account the transfer of $3,000,000,000 in fiscal 1948 to the Foreign Economic Cooperation trust fund; outlays of $3,000,000,000 during fiscal 1949 from the Foreign Economic Cooperation trust fund are treated as budget outlays in this table. If effect is given to sec. 114(f) of the Economic Cooperation Act of 1948, the budget results for the fiscal years 1948 and 1949 would be as follows: Fiscal year 1948 Fiscal year 1949 Budgetreceipts $41,374,701,989 $37,662,972,939 Budget outlays 35,955,232,146 36,474,412,987 Budget surplus 5, ,844 1,188,559,952 8 Beginning with fiscal 1951, investments of wholly owned Government corporations in public debt securities are excluded from budget outlays. See table 6. 9 Includes Federal old-age and survivor's. Federal disability, Federal hospital, and railroad rethrement tax act receipts. 10 Includes unemployment insurance. Federal supplementary medical, civil service returement, and other employees' retirement receipts. II For content see table Social security trust fund outlays are reflected under the Department of the Treasury through fiscal year 1962, and under the Department of Health, Education, and Welfare, thereafter. 13 Includes interest pajrments by Government corporations and other business-type activities on securities issued to the Treasury. i«includes military assistance.

25 TABLE 3. Refunds of receipts, fiscal years [On basis of "Monthly Statement of Receipts and Expenditures of the United States Government," see "Bases of Tables"] Year Individual income taxes $3,410,229, ,844,766, , ,464, ,814,851, ,078, , , , ,869, ,851,430, ,844,839, ,191,466, ,239,798,270 Internal revenue Corporation income taxes Excise (exclusive of highway trust) taxes Estate and gift taxes Customs duties Miscellaneous taxes and receipts Federal oldage, disability, and hospital insurance trust funds Highway trust fund Railroad retirement and unemployment trust funds 2 Total refunds of receipts 1 $3,345,409,388 $20,481,971 $11,259,809 $40,500,000 $86,206 $3,417,737,374 13,399,917,262 21,619,848 4,389,417 51,000,000 61,098 3,476,987,625 13,652,611, ,262 8,241,987 66,000, ,145 3,750,030,132 $363,680,697 $103,291,398 $13,252,017 19,907,757 4, ,000 2,580,288 3,975,532, ,211,509 86, ,007,121 17, ,161 76,465,000 $89,913,009 3,618,143 4,598,010, , ,721,650 83,430,000 96,899,743 3,491,945 6,113,752, ,336,936 84,970,291 20,205,172 18,483,391 2,828,592 89,190, ,472, ,237, , ,929 20,464,777 25,439,532 2,260, , ,703, ,170 5,976,009, ,077 86,742,588 18,816,683 29,319,402 1,226, ,667, ,302,902 5,037,793 6, , , , ,192,232 35,174, , ,425, ,319,308 3,206,652 6,571,386, ,341,188 93,004, ,299 1,196, ,800, ,636,556 4,677, ,086, ,388,676 99,423,244 29,368,795 35,205,161 3,161, , ,498,341 7,797,483 6,029,544, ,216, ,297 27,604,514 44,627, , ,676, ,771,763 6,173,591 7,255,579, ,468, ,291,991 36,094,553 71,084, , ,156, ,507,037 6,137,156 9,681,686, ,846, ,964,025 31,283,087 75,236,726 62, ,715, ,387,492 6,336,929 11,375,364,608 1,660,087, ,670 39,211,247 68,228, , ,952, ,764,603 7,011, ,120,278 2,207,653,279: 166,700,341 35,655,493 64,078,834 60, ,093,750 32,073,825 7,211,966 16,139,325,917 t i O tei o 1 A distribution of intemal revenue refunds by tax category is not available for fiscal 2 Only refunds of raihoad retirement receipts are shown for fiscal years 1954 through years 1954 through NOTE. For refunds prior to fiscal 1954, see 1967 annual report, pp

26 REPORT OF THE SECRETARY OF THE TREASURY TABLE 4. Budget receipts, expenditures, and lending, fiscal years 1969 and 1970 In thousands of dollars. On basis of "Monthly Statement of Receipts and Expenditures of the United States Government," see "Bases of Tables"] The expenditure account NET RECEIPTS Individual income taxes 87,248,949 90,411,787 Corporation income taxes 36,677, ,330 Social insurance taxes and contributions: Employment taxes and contributions: Federal old-age and survivors insurance trust fund: Federal Insurance Contributions Act taxes 21,853,270 26,072,419 Self-Employment Contributions Act taxes. 1,370,350 1,664,817 Depositsby States 2,260,117 2,758,436 Total Federal old-age and survivors insurance trustfund... 25,483,737 29,395,673 Federal disability insurance trust fund: Federal Insurance Contributions Act taxes 2,945,307 3,483,796 Self-Employment Contributions Act taxes 186, ,146 Deposits by States 337, ,416 Total Federal disability insurance trust fund 3,469,434 4,063,358 Federal hospital insurance trust fund: Federal Insurance Contributions Act taxes 3,760,863 4,079,695 Self-Employment Contributions Act taxes 157, ,230 Receipts from railroad retirement accounts 53,776 61,307 Deposits by States , Total Federal hospital insurance trust fund 4,398,012 4,755,096 Railroad retirement accounts: Raihoad Retirement Tax Act taxes 884, ,832 Total employment taxes and contributions 34,235,931 39, Unemployment insurance: Unemployment trust fund: State taxes depositedin Treasury. 2,560,913 2,563,745 Federal Unemployment Tax Act taxes 633, ,639 Railroad Unemployment Insurance Act contributions 134, ,898 Total unemployment trust fund 3,328,491 3, Contributions for other insurance and retirement: Federal supplementary medical insurance trust fund: Premiums deducted from benefit payments 750, Premiums collected by Social Security Administration 76,214 76,276 Premiums deposited by States Total Federal supplementary medical insurance trust fund 902, Federal employees retirement contributions: Civil service retirement and disabihty fund 1,417,974 1,725,518 Foreign service retirement and disability fund 5,669 7,222 Other 2, Total Federal employees retirement contributions 1, ,364 Other retirement contributions: Civil service retirement and disabihty fund 24, Total contributions for other insurance and retirement 2,353,333 2,700,663 Total social insurance taxes and contributions 39, ,297,894

27 STATISTICAL APPENDIX 19 TABLE 4. Budget receipts, expenditures, and lending, fiscal years 1969 and i5'70 Continued [In thousands of dollars] The expenditure account 1969 NET RECEIPTS Continued Excise taxes: Miscellaneous excise taxes Highway trust fund - 10,585,080 4,637,176 10,351,863 5,353,627 Total excise taxes 15,222,257 15,705,490 Estate and gift taxes - 3,490,854 3,644,421 Customs duties ,318,962 2, Miscellaneous receipts: Deposits of earnings by Federal Reserve banks 2,661,524 3,265,900 Allother ' 246, ,214 Total miscellaneous receipts ' 2,908,128 3,424,114 Total net budget receipts ' 187,784, ,743,251 NET EXPENDITURES Legislative branch: Senate 47,620 57,583 House of Representatives 90, ,279 Joint itemsfor Senate and House.. 12,133 13,296 Architect ofthe Capitol.- 18,395 18,796 Botanic Garden Library of Congress 42,679 49,804 Government Printing Office: General fund appropriations 30,381 39,956 Revolving fund (net) -11,917-5,813 General Accounting 0ffice 58,997 69,857 Proprietary receipts from the public - 11,590 11,727 Intrabudgetary transactions. _ Total legislative branch 277, ,173 Tlie judiciary: Supreme Court of the United States 2,867 3,386 Court of Customs and Patent Appeals Customs Court 1,71,9 2,054 Court of Claims 1,643 1,875 Courts of appeals, district courts, and other judicial services 103, ,590 Federal Judicial Center Judicial survivors annuity fund Proprietary receipts from the public 2,059 5,855 Total the judiciary 108, ,874 Executive Office of the President: Compensation of the President The White House Office 3,077 3,721 Special projects 1,305 2,497 Executive Residence Bureau of the Budget 9,674 11,676 Council of Economic Advisors 1,020 1,188 National A eronautics and Space Council National Council on Marine Resources and Engineering Development 1, National Security Council 668 1,418 Office of Emergency Preparedness 9,754 9,883 Office of Intergovernmental Relations 53 Officeof Science and Technology 1,493 1,850 President's Advisory Councilon Executive Organization President's Commission on Postal Organization 55 Special representative for trade negotiations Miscellaneous Total Executive Officeof the President 30,735 36,356 Footnote at end of table.

28 REPORT OF THE SECRETARY OF THE TREASURY TABLE 4. Budget receipts, expenditures, and lending, fiscal years 1969 and Jf^rO Continued [In thousands of dollars] The expenditure account NET EXPENDITURES-Continued Funds appropriated to the President: Appalachian regional development programs: Public enterprise funds Other , Disaster relief... 18, Emergency fund for the President Expansion of defense production 168,226 13,959 Expenses of management improvement International financial institutions: Asian Development Bank 10,000 10,000 Investment in Inter-American Development Bank 74, ,293 Subscription to the International Development Association. 36,300 54,599 Office of Economic Opportunity: Economic opportunity program 1,812,073 1,801,705 Public enterprise funds 3,294 3,850 Peace Corps , Philippine education programs Pubhc works acceleration : Special foreign currency activities (*) Southeast hurricane disaster Foreign assistance: Military assistance: Defense Department 613, ,964 All other agencies 3, Foreign military credit sales 17,500 92,516 Foreign military sales fund 57,632-31,975 Mihtary assistance advances...:. 1,061, Proprietary receipts from the public: Military assistance advances -958, ,694 Other Total mihtary assistance 788, ,796 Economic assistance: Grants and other programs: Technical cooperation and development grants Alliance for Progress...» 73,257 75,936 Social progress fund, Inter-American Development Bank 71,930 56,510 Supporting assistance 473, ,123 International organizations and programs 181,461 99,724 Contingencies 28,195 32,976 Other 75,214 28,546 Public enterprise funds: Alliance for Progress, development loans 300, ,228.Development loan funds.. 539, ,963 Foreign investment guarantee fund 9,411 16,343 Proprietary receipts from the pubhc» -150,036-73,800 Total economic assistance ' 1,780,738 1, Overseas Private Investment Corporation 782 Total foreign assistance 2,569, ,691 Proprietary receipts from the pubhc Total funds appropriated to the President. _ ' 4,970,942 4,784,652 Agriculture Department: ~~ Agricultural Research Service _ 251, ,265 Cooperative State Research Service. 59,811 61,870 Extension Service 97, ,526 Farmer Cooperative Service 1,412 1,667 Soil Conservation Service: Conservation operations 125, ,939 Flood prevention, watershed protection, and other 101, ,365 Great Plains conservation program. 15,952 16,414 Economic Research Service 13,053 15,788 Statistical Reporting Service 14,016 17^253 " Consumer and Marketing Service: }. Removal of surplus agricultural commodities. 414, ,540 Milk market orders assessment fund Consumer protective, marketing, and regulatory programs Payments to States and possessions 112, ,880 1,600 Other.. 33,182 36,970 Total Consumer and Marketing Service r 561, ,046 Footnote at end of table. ""

29 STATISTICAL APPENDIX 21 TABLE 4. Budget receipts, expenditures, and lending, fiscal years 1969 and i ^70 Continued [In thousands of dollars] The expenditure account Agriculture Department Continued Food and Nutrition Service: Special milk program. Child nutrition programs Food stamp program NET EXPENDITURES Continued Total Food and Nutrition Service Foreign Agricultural Seryice Foreign Economic Developm ent Service Commodity Exchange Authority Agricultural Stabilization and Conservation Service: Expenses Sugar act program ^ ' Agricultural conservation program Cropland conversion program Cropland adjustment program Emergency conservatioii measures. Conservation reserve program (soil bank) Indemnity payments to dairy farmers Total Agricultural Stabilization and Conservation Service Commodity Credit Corporation: Pubhc enterprise funds: Price support and related programs Special activities ^ Fo'reign assistance and special export programs Total Commodity Credit Corporation and foreign assistance and special export program Federal Crop Insurance Corporation: Administrative expenses.. Federal Crop Insurance Corporation fund Rural Electrification Administration.. Farmers Home Administration: Community development programs Salaries and expenses.. Public enterprise funds: Direct loan account Rural housing insm'ance fund Emergency credit revolving fund Agricultural credit insurance fund Other... Total Farmers Home Administration. Rural Community Development Service Office ofthe Inspector General Packers and Stockyards Administration.. Officeof General Counsel..1. Office of Information 1 National Agricultm-al Library... ^ Office of Management Services General administration: Intragovjemmental funds (net) Salaries iand expenses Forest Service: Intragovernmental funds (net) Other : Proprietary receipts from the public. Total Agriculture Department. (ijommerce Department: General administration Business economics and statistics: Office oi Business Economics... Bureau of the Census - Economic development assistance: Economic Development Administration: Public enterprise funds Other -..- Regional action planning commissions Footnote at end of table. 101, , , ,698 23, , , , 406 2, ,529 7, , , 216 r 4,032,376 r 212, 295 > 830,000 5,074, , , ,764 4, ,957 2,744 4,788 2, , , , ,659 7, 693,381 5,679 2, ,162-9,492 r , , , , , 862 ""2,"i67 152,604 92, ,618 2,276 77,372 8,304 38, ,895 3, 719, , ,250 4,726,254 11,932 9,300 20,835 32,307 70, ,588 33, 754 9,694 31,032 11, , ,769 3,346 5,590 2,455 3,903 3, ,206 2, , , ,899 3, ,424 7,142

30 REPORT OF THE SECRETARY OF THE TREASURY TABLE 4. Budget receipts, expenditures, and lending, fiscal years 1969 and./570 Continued [In thousands of dollars] The expenditure account NET EXPENDITURES Continued Commerce Department Continued Promotion of industry and commerce: Business and Defense Services Administration 5,932 International Activities 21,108 Officeof Field Services 5,110 Participation in U.S. Expositions... 1,287 Foreign Direct Investment Regulation 2,968 Minority Business Enterprise U.S. Travel Service 3,742 Total promotion of industry and commerce Science and technology: Environmental Science Services Administration Patent Office 42,620 National Bureau of Standards: Intragovernmentalfunds (net). 3,319 Other. 41,691 Office of State Technical Services 4,838 Total science and technology. 264,456 Ocean shipping: Maritime Adininistration: Public enterprise funds -^196 Ship operation subsidies 194,703 Other , , 614 Total ocean shipping -23, 396 Proprietary receipts from the public -7,503 Intrabudgetary tra'nsactions Total Commerce Department 819, 695 Defense Department: Military: Military personnel: Department ofthe Army 9,047,387 Department of the Navy ,496 Departmentofthe Air Force..-. 6,182,693 Defense agencies 2, Total mihtary personnel ,647 Operation and maintenance: Department of the Army 8,299,710 Department of the Navy 5,757,299 Department of the Air Force 7,073,158 Defense agencies 1,096,892 Total operation and maintenance 22, Procurement: Department of the Army 6,116,741 Department ofthe Navy. 8,622,612 Department of the Air Force 9,293,795 Defense agencies. 54,442 Total procurement ' 23,987,590 Research, development, test, and evaluation: Department ofthe Army : 1,520,840 Department ofthe Navy 2,045,479 Department of the Air Force 3,385,521 Defense agencies Total research, development, test, and evaluation 7.457,227 Military construction: Department ofthe Army.. 460,209 Department ofthe Navy 424,838 Department of the Air Force 493,644 Defense agencies 10,066 Total mihtary construction Footnote at end of table. 6,744 25, 721 5, , , ,715 48, , 752 4, , , ,386-25,484-6, ,381 9, ,026 6,658, , , ,151 5, 552,548 6,995, ,001 21,608, 922 6, 206,121 7,944, 549 8,362,151 70, , 728 1,665,477 2, 084, 248 2,937, ,415 7, , , , , 277 1,168,142

31 STATISTICAL APPENDIX 23 TABLE 4. Budget receipts, expenditures, and lending, fiscal years 1969 and i57() Continued [In thousands of dollars] The expenditure account Defense Department Continued Military Continued Family housing: Homeowners assistance fund Other Total family housmg NET EXPENDITURES-Continued Civil Defense Special foreign currency program, Revolvhig and management funds: Public enterprise funds: 14, , ,966 86,887 1,289 Department of the Army.._ 20 Department of the Navy. 948 Department of the Air Force 37 Intragovernment funds (net): Department of the Army _ 347,879 Department of the Navy. -348,931 Depai'tmentof the Air Force _ 507,853 Defense agencies. -329,227 Total revolvhig and management funds Trust revolving funds Other Proprietary receipts from the public Intrabudgetary transactions Total military _ -1,532,999 2, 853 7, ,064-8,037 '77,871,694 Civil: Department of the Army: Corps of Engineers: Water resources development. 1,250,238 Intragovernmentalfunds (net) 5,791 Proprietary receipts from the public 27,013 Other - 36,344 Navy, wildlife conservation, etc 8 Air Force, wildhfe conservation, etc 44 Soldiers' Home: U.S. Soldiers'Home revolvhig fund 7 Other 10,297 The Panama Canal: Canal Zone Government. 43, 386 Panama Canal Company 7,770 Proprietary receipts from the public 17,559 Intrabudgetary transactions 14,589 Total civil 1,267,604 Total Defense Department 79,139,298 Health, Education, and Welfare Department: Consumer Protection and Environmental Health Service: Public enterprise funds._ 233 Food and drug control ,173 Air pollution and other 56,922 Environmental control 36,193 Other 19,883 Total Consumer Protection and Envhonmental Health Service.. 173,939 Health Services and Mental Health Administration: Public enterprise funds 5 Mental health.._. 285,481 Health planning and regional programs 249,986 Maternal and child welfare 250,467 Hospital construction _ Du-ect care programs 173,749 Other ,094 Total Health Services and Mental Health Administration ' 1,341,940 Footnote at end of table. 4, , ,192 80, ,292-44, , , ,403-4,647 6, ,974-6, ,150,334 1,189,076-4, , , ,100-19,187-18,270 1,210,740 78, 361, ,623 78,478 53, , , , , , ,844 1, 505,289

32 REPORT OF THE SECRETARY OF THE TREASURY TABLE 4. Budget receipts, expenditures, and lending, fiscal years 1969 and i5>70 Continued [In thousands of dollars] The expenditure account NET EXPENDITURES-Continued Health, Education, and Welfare Department Continued National Institutes of Health: Public enterprise funds. 19,124 Institute research and training activities 948,954 Health manpower and dental health 120,816 Construction grants.. 133,432 Other Total National Institutes of Health 1.324,273 Office of Education: Public enterprise funds: Student loan insurance fund Higher education facilities loan fund 3,042 Assistance for vocational education School assistance in federauy aflected areas 397, 581 Elementary and secondary educational activities 1,433,070 Higher education.. 918,217 Defense educational activities 19,725 Other 348,899 Total Office of Education 3,379,786 Social and Rehabilitation Service: Grantsto States for public assistance. 6,280,335 Grants for rehabilitation services and facilities Work incentives 32,563 Other - - ' Total Social and Rehabilitation Service... 6,839,368 Social Security Administration: Operating fund. Bureau of Federal Credit Unions 246 Payment to trust funds for health insurance for the aged 1,733,255 Payment for military service credits. 210,000 Payment for special benefits for the aged Federal old-age and survivors insurance trust fund: Administrative expenses and construction 465,087 Benefit payments 23,732,119 Vocational rehabilitation services 1,806 Payment to Raihroad Rethement Board 491,482 Total Federal old-age and survivors Insurance trust fund... 24,690,495 Federal disability insurance trust fund: Administrative expenses and construction. 133,514 Benefit payments 2,443,437 Vocational rehabilitation services Pa3mient to Railroad Retirement Board.. 21,328 Total Federal disability insurance trust fund Federal hospital insurance trust fund: Administrative expenses and construction Benefit payments... Total Federal hospital insurance trust fund. Federal supplementary medical insurance trust fund: Administrative expenses and construction Benefit payments Total Federal supplementary medical insurance trust fund Other.- Total Social Security Administration Footnote at end of table ,196 4,653,976 4, ,687 1,644,842 1, ,070, , , , , , ,372 1,461, , , 801 4,008,928 7,444, ,337 86, ,370 8,178, , , ,266,282 1, , 320, , 030 2,777, ,439 2,953, ,669 4, ,952, ,009 1, ,196,296 10,

33 STATISTICAL APPENDIX 25 TABLE 4. Budget receipts, expenditures, and lending, fiscal years 1969 and i ^70 Continued [In thousands of dollars] The expenditure account 1969 NET EXPENDITURES-Continued Health, Education, and Welfare Department Continued Special institutions: American Printing House for the Bhnd National Technical Institute for the D eaf Model Secondary School for the Deaf GaUaudet College... Howard University Departmental management: Intragovernmentalfunds (net) Other Proprietaiy receipts from the public... Intrabudgetary transactions: Payments for health insurance for the aged: Federal hospital insurance trust fund Federal supplementary medical insurance trust fund... Payments for mihtary service credits and special benefits for the aged: Federal old-age and survivors insurance trust fund Federal disability insurance trust fund : Federal hospital insurance trust fund _ Receipts transferred to railroad retirement account.. Total Health, Education, and Welfare Departnient. Housing and Urban Development Department: Renewal and housing assistance: Pubhc enterprise funds: College housing loan fund Urban renewal programs Low-rent pubhc housing Other Other -. Total renewal and housing assistance. Metropohtan development: Pubhc enterprise funds Open space land programs Grants for basic water and sewer facilities.. Other Total metropohtan development.. Model cities and governmental relations.. Urban technology and research Mortgage credit: Federal Housing Administration: Public enterprise funds: Federal Housing Administration fund.-. Housing for elderly or handicapped Other Home ownership and rental housing assistance Rent supplement program.- Government National Mortgage Association: Management and liquidating functions Guarantees of mortgage backed securities Special assistance functions. - Participation sales fund Secondary niarket operations Proceeds from sale of Federal National Mortgage Association (net). 1,340 1, ,206 30, r 26,201-13, , , ,000-22, ,810 1,404 2, ,153 32,725 5,373 38,394-35, , , ,151-16,000-11, ,257 M6,499,023 52,227,497 53, , , r 11,557 ' 938,124 4, r 36, ,988 15, ,074-3,670-5,118 1,138 5,917-6,443-10,630-54,618-30, ,820. Total mortgage credit ,356 Federal Insurance Administration: Public enterprise funds Other Fair housing and equal opportunity. D epartmental management Proprietary receipts from the public. Intrabudgetary transactions Total Housing and Urban Development Department.. Footnote at end of table. -33, ,000. r , ,964 1, , ,408 1,560,271-1,139 43, ,011 47, , ,821 18,728-12,566 13, ,716-28, ,266 64, ,778,452

34 REPORT OF TI-IE SECRETARJ OF THE TREASURY TABLE 4. Budget receipts, expenditures, and lending, fiscal years 1969 and ip70 Continued [In thousands of dollars] The expenditure account NET EXPENDITURES-Continued Interior Department: Public land management: Bureau of Land Management 167, ,122 Bureau of Indian Affairs: Public enterprise funds. _ Indian tribal funds Other Bureau of Outdoor Recreation 0 ffice of Territories Total public land management Mineral resources: Geological Survey Bureau of Mines: Public enterprise funds Other -. Office of Coal Research Officeof OU and Gas Total mineral resources Fish and wildlife, parks, and marine resources: Bureau of Commercial Fisheries: Public enterprise funds Other Bureau of Sport Fisheries and WUdlife National Park Service Total fish and wildlife, parks, and marine resources Water and power development: Bm'eau of Reclamation: Public enterprise funds: Upper Colorado River Basin fund Other. - - Construction and rehabiutation Other Alaska Power Administration BonneviUe Power Administration Southeastern Power Administration Southwestern Power Administration Total water and power development. Water quauty and research: Officeof Saline Water Federal Water Pollution Control Administration Secretarial offices: Office of the Solicitor Office of the Secretary. Office of Water Resources Research Virgin Islands Corporation Proprietary receipts from the pubuc Intrabudgetary transactions Total Interior D epartment Justice Department: Legal activities and general administration. Federal Bureau of Investigation Immigration and Naturalization Service Federal Prison Systems: Federal Prison Industries, Inc. (net) Federal Prisons commissary funds. Other Law Enforcement Assistance Administration. Bureau of Narcotics and Dangerous Drugs Proprietary receipts from the public Total Justice D epartment Footnote at end of table. ^ , , , ,133 56,326 8, , , , , ,401 29, ,611 90, ,426 37, , 533 8,052 10, ,043,373-40, ,743 86, , ,013-8, ,413 33,535 17,351-1, , , , , , , , 292 1, , , , , , , 523-2, ,128 97, 599 1, , ,949 30, , ,262 11, , , , , ,997-1, ,683 65,418 25, , 974

35 STATISTICAL APPENDIX 27 TABLE 4. Budget receipts, expenditures, and lending, fiscal years 1969 and 1970 Continued [In thousands of dollars] The expenditure account NET EXPENDITURES Continued Labor Department: Manpower Administration: Manpower development and training activities 377, ,388 Salaries, expenses, and other.. 31,815 36,924 Bureau of Apprenticeship and Training 9,188 7,084 Unemployment compensation for Federal employees and ex-servicemen and trade adjustment.. '"126, ,554 Advances to employment security administration account, unemployment trust fund -3, Unemployment trust fund: Employment security administration account: Salaries and expenses. 20,805 18,442 Grants to States for unemployment compensation and employment service administration.. 588, ,197 Payments to general fund: Reimbursements and recoveries 9,555 10,766 Interest on refunds of taxes Interest on advances from general (revolving) fund 3,832 4,379 Railroad unemployment insurance account: Benefit payments 96,588 92,955 Interest on advances from railroad retirement account 5, 730 4,87 6 Railroad unemployment insurance administration fund 6,089 6,475 State accounts: Withdrawals by States ^- 2,061,135 2,792,794 Federal extended compensation account (*) Total unemployment trust fund 2,792,043 3,555,127 Other. ^ Total Manpower Administration 3,333,072 4,186,696 Labor-management relations 8,971 11,506 Wage and labor standards: Wage and Labor Standards Administration 37,103 41,998 Bureau of Employees' Compensation: Employees' compensation claims and expenses 67,203 81,481 Other Total wage and labor standards ,927 Bureau of Labor Statistics 22, Bureau of International Labor Affairs. 1,716 1,730 Office of the Solicitor 6,122 6,663 Office of the Secretary 5,688 6,022 Proprietary receipts from the public 7,384 3,893 Total Labor Department ^ 3,474,939 4,355,886 Post Office Department: Postal Fund 920,334 1,510,023 State Department: Administration of foreign affairs: Salaries and expenses Acquisition, operation and maintenance of buildings abroad 208, , Intragovernmentalfunds (net)._ Foreign service retirement and disability fund 14,144 17,213 Other 3,164 3,012 Total administration of foreign affaii-s 244, International organizations and conferences: Contributions to international organizations Other 118,526 5, , International commissions Educational exchange Other 46,956 11,515 36,435 11,678 Proprietary receipts from the public Footnotes at end of table

36 REPORT OF THE SECRETARY OF TPIE TREASURY TABLE 4. Budget receipts, expenditures, and lending, fiscal years 1969 and Continued. [In thousands of dollars] The expenditure account NET EXPENDITURES Continued State Department Continued Intrabudgetary transactions: Foreign service retirement and disability fund: Receipts transferred to civu service rethement and disabuity fund Other Total State Department , ,754 Transportation Department: Officeof the Secretary Coast Guard: 15, Trust revolving funds Intragovernmentalfunds (net) : 4, Other ,318 Federal Aviation Administration: Public enterprise funds 1 10 FacUities and equipment 74, ,854 Grants-in-aid for anports. 103,671 83,155 CivU supersonic ancraft development 80, , 348 Other ' Federal Highway Administration: Highway beautification State and commmiity highway safety programs ,820 Highway trust fund: Federal-aid highways 4,160,575 4,376,174 Other r 50, ,180 Federal Railroad Administration: Alaska rauroad Other , ,846 Urban Mass Transportation Administration: Urbanmass transportation fund Other : 139, ,603 1,517 Saint Lawrence Seaway Development Corporation 4,885 8 National Transportation Safety Board ,425 Proprietary receipts hom the pubuc ,910 Total Transportation Department 5,969, Treasury Department: Office of the Secretary: Salaries and expenses. 7,588 9,218 Federal Farm Mortgage Corporation liquidation fund 1 2 Other Bureau of Accounts: Salaries and expenses 45,243 45,240 Claims, judgments and relief acts 62,275 52,677 Interest on uninvested funds 7, Government losses in shipment Reconstruction Finance Corp. liquidation fund 180 Other Bureau of Customs: Salaries and expenses 99, ,360 Other 44,882 54,038 Bureau of Engraving and Printing: Intragovernmentalfunds (net) Other Bm-eau of the Mint: Salaries and expenses 14,216 16, 111 Other ,900 Bureau of the Public Debt 67,408 64,215 Internal Revenue Service: Salaries and expenses ,302 Revenue accounting and processing 187, ,893 Compliance Interest onrefunds oftaxes , Payments to Puerto Rico for taxes couected Federal tax lien revolving fund 80, Officeof the Comptroller of the Currency -1,899-5,051 Office of the Treasurer: Salaries and expenses 7,065 7,911 Check forgery insurance fund U.S. Secret Service 23, Footnote at end of table.

37 STATISTICAL APPENDIX 29 TABLE 4. Budget receipts, expenditures, and lending, fiscal years 1969 and 1970 Continued [In thousands of dollars] The expenditure account 1970 NET EXPENDITURES-Continued Treasury Department Continued Interest on the public debt (accrual basis): Publicissues Special issues : Total interest on the public debt... Proprietary receipts from the public.. Intrabudgetary transactions Total Treasury Department Atomic Energy Commission 13, , 627,018 16, , ,923,841 2,450,377 General Services Adniinistration: Real property activities: (Construction, public buudings projects 68,158 Operating expenses, pubhc building service 290,550 Repair and improvement of pubhc buildings 73,947 Intragovernmentalfunds (net) 12,663 Other ' 24,865 Personal property activities: Intragovernmentalfunds (net) 33,218 Other 75,584 Records activities: National Archives trust fund..: 179 Other.. 20,868 Transportation and communications activities 5,217 Property management and disposal activities: Public enterprise funds 15 Intragovernmental funds (net) 308 Other... 27,155 General activities: Surplus real property credit sales 27,869 PubUc enterprise funds.. 12 Intragovemmental funds (net) 663 Other 2,763 Proprietary receipts from the public.. 161,569 Total General Services Admiiustration 419,752 National Aeronautics and Space Administration 4,246,514 Veterans' Adininistration: Compensation, pensions, and benefit programs 6,593,809 Medical care 1,450,038 Public enterprise funds: Direct loan revolving fund 7,267 Loan guaranty revolving fund 17,151 Other -73,786 Benefits, refunds, and dividends: Government life insurance fund National service Ufe insurance fund 567,906 Other Proprietary receipts from the public: Govemment life insurance fund. 10,967 National service life insurance fund 477,984 Other Intrabudgetary transactions: Payment to veterans life insurance funds: (Govemment life insurance fund 50 National service life insurance fund Total Veterans'Administration.. 7,416,309 O ther independent agencies: Administrative Conference of the United States American Battle Monuments Commission 2,348 Arms Control and Disarmament Agency 9,600 Cabinet Committee on Opportunities for Spanish Speaking People 67 Central InteUigence Agency, constmction 68 Civil Aeronautics Board: Payments to air carriers 43,924 Salaries and expenses 9,839 Proprietary receipts from the public 131 Footnotes at end of table. 15,844,149 3,469, , , , ,456-3, ,884 18,037 82, ,234 7, , , , , ,928 3,748,926 6,338,179 1,652,627-13, ,891 81, , ,868-10, , ,324 8,448, ,432 10, ,646 11,

38 REPORT OF THE SECRETARY OF THE TREASURY TABLE 4. Budget receipts, expenditures, and lending, fiscal years 1969 and 1970 Continued [In thousands of dollars] The expenditure account NET EXPENDITURES-Continued Other independent agencies Continued Civil Service Commission: Payment to civu service retirement and disabuity fund Government payments for annuitants, employees health benefits Civil service retirement and disability fund Employees health benefits fund.. Employees' life insurance fund... Retired employees health benefits fund -. Other Proprietary receipts from the public Intrabudgetary transactions: Civil service retirement and disabiuty fund: 72, , 748 2,406, , , 556 1, , , 751, 606 2, , , 815-3,055 Receipts transferred to foreign service retirement and disability fund ,470 General fund contribution 72, ,817 Total CivU Sei-vice Commission ,520 2, Commission of Fine Arts Commission on CivU Rights.. Corporation for Public Broadcasting District of Columbia, Federal payment Equal Employment Opportuity Commission Export-Import Bank ofthe United States. Farm Credit Administration: Revolving fund for administrative expenses Short-term credit investment fund Banks for cooperatives investment fund Banksfor cooperatives fund Federal intermediate credit banks fund Proprietary receipts from the pubhc Intrabudgetary transactions... Total Farm Credit Administration. Federal Coal Mine Safety Board of Review Federal Communications Commission. Federal Deposit Insurance Corporation Federal Field Committee for Development Planning in Alaska. Federal Home Loan Bank Board: Federal Savhigs and Loan Insurance Corp. fund Other. Federal Maritime Commission Federal Mediation and ConcUiation Service Federal Power Commission Federal Radiation Council... Federal Trade Commission.. Foreign Claims Settlement Commission. Historical and Memorial Commissions Indian Clainis Commission.. Intergovernmental agencies: Advisory Commission on Intergovernmental Relations Appalachian Regional Commission: Salaries, expenses, andother Intrabudgetary transactions Delaware River Basin Commission Interstate Commission on the Potomac River Basin Washington Metropolitan Area Transit Authority Interstate Commerce Commission... National Capital Plarming Coinmission. National Council on Indian Opportunity National Foundation on Arts and Humanities National Labor Relations Board National Mediation Board., National Science Foundation President's Committee on Consumer Interests President's Council on Youth Opportunity Footnote at end of table , 587 5, , , ,868-43, , , ,633 8,022 15, , ,777-1, ^6,112 24, 532 1,07O 34 11, , 286 2, ,983 r ,627-73, ,303-3, , , , ,933 8,770 17, , , ,757 27,437 1, ,829 37, ,

39 STATISTICAL APPENDIX 31 TABLE 4. Budget receipts, expenditures, and lending, fiscal years 1969 and.zp70 Continued [In thousands of dollars] The expenditure account NET EXPENDITURES-Continued Other independent agencies Continued Railroad Retirement Board: Payments for military service credits.. 18,446 19,206 Railroad retirement accounts: Administrative expenses 14,798 16,261 Benefit payments, etc. 1,532,790 1,586,403 Interest on refunds of taxes 6 9 Payment to railroad unemployment insurance account 1 5,228 Proprietary receipts from the pubhc... 6,791 2,396 Intrabudgetary transactions: RaUroad retirement account: Payments for military service credits 18,446 19,206 Receipts transferred to railroad unemployment insurance account 1 5,228 Total Railroad Retirement Board 1,540,802 1,600,277 Renegotiation Board. 2,983 3,900 Securities and Exchange Coinmission..'. 18,546 21,509 Selective Service System.. 64, Small Business Administration: Public enterprise funds , ,082 Salaries and expenses 11,373 10,809 Other.- 21 Proprietary receipts from the public -la -8 Total Small Business Administration 127, ,904 Smithsonian Institution Subversive Activities Control Board Tarifl Commission.. Temporary Study Commissions Tennessee Valley Authority: TennesseeValley Authority fund Proprietary receipts from the public Total Tennessee Valley Authority 51, , , , , , , 913 U.S. Information Agency: Informational media guarantee fund 4 2 Salaries and expenses 171, ,153 Construction of radio facilities 7,776 8,311 Other. 4,628 9,915 Proprietary receipts from the puldlic Total U.S. Information Agency 182, ,413 U.S. section,of the United States-Mexico Commission for Border Developm.ent and Friendship U.S. Tax Court 2,509 2,972 Water Resources Council: Planning expenses and other. 3,738 4,199 Intrabudgetary transactions Total other independent agencies ''4,335,919 5,136, 755 Undistributed intrabudgetary transactions: Federal employer contributions to retirement and social insurance funds: The judiciary: Judicial survivors annuity fund Health. Education, and Welfare Departraent: Federal old-age and sm'vivors insurance trust fund 469, ,000 Federal disability insurance trust fund 63, ,000 Federal hospital insm'ance trust fund 79,000 91,000 State Department: Foreign service retirement and disabuity fund 5,399 6,886 Other independent agencies: Civil Service Commission: Civil service retirement and disability fund -1,4.00,851-1, 708,826 U.S. Tax Court: Tax court judges survivors annuity fund Subtotal -- -2,017,773-2,444,352 Footnote at end of table.

40 REPORT OF THE SECRETARY OF THE TREASURY TABLE 4. Budget receipts, expenditures, and lending, fiscal years 1969 and 1970 Continued [In thousands of dollars] The expenditure account NET EXPENDITURES-Continued Undistributed hitrabudgetary transactions Conthiued Interest credited to certain Government accomits: The judiciary: Judicial survivors annuity fund Defense Department: CivU: Soldiers'Home Permanent fund _ -3,233-3,291 Health, Education, and Welfare Department: Federal old-age and sm-vivors insurance trust fund 1,008,949 1, 346,096 Federal disabuity insurance trust fund 139, ,485 Federal hospital insurance trust fund.. 93, ,182 Federal supplementary medical insurance trust fmid 23,466 11,536 Interior Department: Indian tribal funds -6,380-15,339 Labor Depai'tment: Uneraployment trust fund -516, ,21 State Depai'tment: Foreign service retirement an d disability fund 1,765 2,319 Transportation Department: Highway trust fund -52, ,410 Veterans' Adrainistration: Government life insm'ance fmid 31, National service life insurance fund ,995 CivU Service Commission: CivU service retirement and disabuity fund 805, ,284 Railroad Retirement Board: Railroad retirement accounts. 191, ,678 Other ,144 Subtotal... -3,099,088-3,936,525 Total undistributed intrabudgetary transactions. 6,116,861 6,379,877 Total net expenditures (excluding net lending). 183,071, ,459,543 The expenditure account surplus, or deficit ( )._ 4, 712, ,292 The loan account Funds appropriated to the President: Economic opportunity loans. _ Defense production act... NET LENDING Total funds appropriated to the President -2, ,365-9, ,390 Agriculture Departraent: Comraodity Credit Corporation: Storage facuity and short-terra export sales credits _ 84,314 50,476 Farraers Horae Adrainistration: Agriculture credit hismance : 204, ,975 Direct loans. 47, Emergency credit ,584 Ruralhousing insurance 61,035 91,401 Self-help housing land development State rm-al rehabilitation 1,168 12,848 Rural Electrffication Admmistration 229, ,773 Other Total Agriculture Department 636, ,100 Coramerce Department: Economic Development Administration: Economic development.. 41,768 67,514 Marithne Adrainistration: Federal ship mortgage insurance Other Total Commerce Department Footnote at end of table. _ ,442 34,601-1,961-6,925 48,629

41 STATISTICAL APPENDIX 33 TABLE 4. Budget receipts, expenditures, and lending, fiscal years 1969 and 1970 Continued [In thousands of dollars] The loan account NET LENDING Continued Defense Department: MUitary: Defense production guarantees 2, CivU: Construction of power systems, Ryukyu Islands._ 236 Total Defense Department -2, Health. Education, and Welfare Department: Office of Education: Higher education activities Studentloans Other Health Services and Mental Health Administration. Other. 91, ,344 97,547 3, ,535 3,278 Total Health, Education, and Welfare Department 95, ,105 Housing and Urban Development Department: Renewal and housing assistance: College housing loans 148, ,012 Low-rent public housing 12,752 1,208 Urban renewal programs 37, Other - ' Metropolitan development: Public facility loans 43,978 38,977 Liquidating programs 418 1,169 Federal Housing Administration: Modernization, improvement, and mortgage insurance 19, Community disposal operations Housing for the elderiy 79,355 81,837 Government National Mortgage Association: Management and liquidating functions ,622 -^79,359 Special assistance functions - 442, ,813 Participation sales fund -292,960 Secondary market functions 176,856 Total Housing and Urban Development Department 806, ,597 Interior Department: Bureau of Reclamation Other 4,398 13,433 2,959-2,289 Total Interior Department , Transportation Department Treasury Department General Services Administration ,212 Veterans' Adininistration: Direct loan program : Loan guaranty program Government Ufe insurance fund National service life insurance fund Other 46, ,391-1,822 58,642 6,949 26,427 72,805 2,786 92,016 10,337 Total Veterans'Admimstration 253, ,370 Other independent agencies: CivU Service Commission.. 594,600 Loans to District of Columbia ,756 90,350 Export-Import Bank of the United States... '365, ,321 Farm Credit Administration: Banks for cooperatives Federalinterraediate credit banks - 122, ,040 Total Fai-m Credit Administration. Federal Home Loan Bank Board: Federal Savings and Loan Insurance Coi*poration 21,513 90,210 Interstate Commerce Coinmission... 1, National Capital Planning Commission Railroad Retirement Board ,000 SmaU Business Administration: Business loan and investment fund 11,271 73,178 Disaster loan fund -6,469 54,126 Totalloan account 1,476,201 2,128,242 Footnote at end of table.

42 REPORT OF THE SECRETARY OF THE TREASURY TABLE 4. Budget receipts, expenditures, and lending, fiscal years 1969 and i 570 Continued [In thousands of dollars] TOTAL BUDGET Receipts (-I-) (The expenditure account) r+i87,784, ,743,251 Expenditures (-) (Thc expenditure account) ^-183,071, ,459,543 Netlending (+),or (-) (The loan account) -1,476,201-2,128,242 Totaloutlays -184,548, , Budget surplus, (-1-), or deficit (-). -}-3,236,294-2,844,535 * Less than $500. > Revised. TABLE 5. Means of financing, fiscal years 1969 and 1970 [In thousands of dollars. On basis of "Monthly Statement of Receipts and Expenditures of the United State Governraent," see "Bases of Tables"] Classification (Assets and liabilities dkectly Net Closing Net Closing related to the budget) transactions balances transactions balances LIABILITY ACCOUNTS Borrowing from the public: Federal securities: Public debt securities: As published in daily Treasury statements 6,141, ,720,254 17,198, ,918,707 Agency securities: Defense Department: Family housing raortgages -93,486 1,857,955-86,185 1,771,770 Homeowners assistance raortgages 5,271 5,283 1,811 3,472 Housing and Urban Development Department: Federal Housing Adrainistration 28, ,806-60, ,853 Government National Mortgage Association: Participation sales fund: Participation certificates 700,000 8,600,000-1,280,000 7,320,000 Secondary market operations 5,887,062 Transportation Department: Coast Guard: Family housing raortgages , ,829 Treasury Departraent: Federal Farm Mortgage Corp. liquidation fund Other independent agencies: Export-Import Bank of the United States: Agency securities 270, , , ,000 Participation certificates -369,115 1,813, ,154 1,492,799 Farm Credit Administration: Banks for cooperatives fund 1, 229, 515 Federal intermediate credit banks fund... -3,778,580 Federal Home Loan Bank Board: Federal Home Loan Bank Board revolving fund 418 5, ,634 Home Owners' Loan Corporation fund Tennessee Valley Authority 202, , , ,000 Total agency securities -10,150,407 14,249,053-1,739,350 12,509,703 Total Federal secmities -4, 008, , 969, , 459, ,4'28,410

43 STATISTICAL APPENDIX 35 TABLE 5. Means of financing, fiscal years 1969 and 1970 Continued 1969 Classification (Assets and liabuities directly Net Closing Net Closing related to the budget) transactions balances transactions balances LIABILITY ACCOUNTS Continued Borrowing from the public Continued Deduct: Federal securities held as investments of Government accounts 1 8,521,730 87,661,297 10,061,857 97,723,154 Noninterest-bearing public debt securities heldby IMF , , ,000 Total borrowing from the public -11,146, ,483, 010 5,397, ,880,256 Accrued interest payable on public debt securities 32, , Deposit funds: Allocations of special drawing rights. 866, ,880 Other 158,956 4,531, ,038 3,821,017 MisceUaneous liability accounts (includes checks outstanding, etc.) -112,859 5, ,245 4, Total liability accounts ,067, ,831,327 5,659, ,490,727 ASSET ACCOUNTS (Deduct) Cash and montary assets: Within general accomit of the Treasm'er of the United States: As published in the dauy Treasury stateraent... Net transactions in transit as of June 30 Total as of June 30 With other Government officers: Special drawing rights: Total holdings Certificates issued to Federal banks Balance Other With International Monetary Fund Total cash and monetary assets Miscellaneous asset accounts Total asset accomits. Reserve Excess of liabilities (-f) or assets (-).. Add: Transactions not apphed to current year's surplus or deficit Total budget financing (Financing of deficit (-F), or disposition of smplus 409, , , , ,250 2, 212, ,002 2, 575,427 13,642,814 10,406, , 236, 294 7,103, ,870 7, 544,408 4,352, 536 1,610, ,944 1, 512,362 15,019, , , 812,021 1,912, ,965 1, 746, , ,188-1,535, ,000 1, 569, ,192 1,854,098 -f 3,805, , ,844, 535 9, 015, , 906 9, 290, , , ,188 2,816,860 2, 412,000 15,076, 850 1, 796,553 16, 873, , , 768 -f 278, 656, 556» See tables 6 and 20. Revised.

44 REPORT OF THE SECRETARY OF THE TREASURY TABLE 6. Investments of Government accounts in Federal securities (net) fiscal years 1969 and 1970 [Amounts represent public debt securities unless stated otherwise. Par value. In thousands of dollars. On basis of "Monthly Statement of Receipts and Expenditures of the United States Government," see "Bases of Tables"] Agency Legislative branch: Library of Congress The judiciary: Judicial survivors annuity fund Agriculture Department: Publicdebt securities 617 1,741 Agency securities 5,809 5,291 Coinmerce Department -- 2,395 7,574 Defense Department Health, Education, and Welfare Departraent: Federal old-age and survivors insmance trust fund: Public debt securities 2,764,853 3,953,285 Agency securities Participation certificates Federal disabuity hisurance trust fund: Public debt securities 1,150,956 1,392,466 Agency securities 30,000 Participation certfficates 50,000 Federal hospital insurance trust fund: Public debt secmities 631, ,382 Agency securities 41,500 Federal supplementary medical insurance trust fund. 76, ,564 Other Housing and Urban Development Department: Renewal and housing assistance: Low-rent public housing program - 3,000 Federal Housing Administration: Federal Housing Administration fund: Public debt securities , ,932 Agency securities 3,049 3,431 Participation certfficates Community disposal operations fund: Public debt securities 8 34 Government National Mortgage Association: i Participation sales fund: Public debt securities ,503 Agency securities ,795 Management and liquidating functions fund: Agency securities 2,151 2,135 Special assistance functions fund: Agencyisecurities -5,789-6,008 Federal Insmance Administration: National insurance development fund 32,024 27,976 Interior Department: Public debt securities ,847 Participation certfficates. 1,000 Labor Department: Unemployment trust fund: Public debt securities 1,174, Agency securities Participation certfficates.: ,000 Other State Department: Foreign service retirement and disability fund 5,460 3,704 Other Transportation Department: Highway trust fund ,411 1,089,002 Other 24 Treasury Department: Public debt securities -722,167-3,400 Agency securities Participation certificates 2,000 General Services Administration Veterans* Admiaistration: Veterans' reopened insurance fund 34,609 34,714 Veterans' special term insm-ance fund 28,471 24,315 Government life insm-ance fund: Public debt securities ,569-45,088 National service life insmance fund: Public debt securities ,492 Agency securities 67,600 Participation certfficates 176,000-76,000 Other Footnote at end of table.

45 STATISTICAL APPENDIX 37 TABLE 6. Investments of Government accounts in Federal securities (net) fiscal years 1969 and 1970 Continued [In thousands of dollars] Other independent agencies: Civil Service Cominission: Civil service retirement and disabffity fund: Public debt securities Agency securities Participation certfficates Employees health benefits fund Employees'lUe insurance fund... Retired employees health benefits fund Farm Credit Administration: Banks for cooperatives: Pubhc debt securities, Federal intermediate credit banks: Pubhc debt securities Agency securities. Federal Deposit Insurance Corporation Federal Savings and Loan Insurance Corporation: PubUc debt securities Agency securities Participation certificates Railroad Retirement Board: Public debt securities -.- Agency securities.. - Participation certificates Other Total pubhc debt securities Total agency securities Total participation certfficates.. Total Agency 1970 MEMORANDUM 1,824,117-96, ,000. 6, ,045-1,996-56, , , ,786 " -4, , ,755-71, ,676, , ,065 Investments in securities of privately owned Government-sponsored enterprises: Included in the Loan Account: CivU service retirement and disabiuty fund,.. 694,600. Federal Savings and Loan Insurance Corporation (acquired securities) Indian tribal funds 6,355 MUk market orders assessments fund Participation sales fund -292,960. Railroad retirement account 50,000. Total, ,205 Not applied to current year's surplus or deficit: Civil service retirement and disabuity fund 86,500 Federal old-age and survivors ins. tmstfund 86,500 Federal hospital insurance tmst fund 41,500 Federal disability insurance tmst fund 20,000. Federal Savings and Loan Insurance Corporation Participation sales fund 17,705 Railroad retirement account 61,500 Unemployment tmst fund 86,500 Veterans Ufe insurance tmst fund 67,500 Total 471,705 1,792, ,560 19, , , ,530 "-50,"000 47,441 10, , ,621,730 10, ,830-6, ,648-66, ,500-17,705-41, , ,705 1 This association was created eflective Sept. 30,1968, by an act approved Aug. 1,1968 (12 U.S.C. 1716(b)). It assumed the assets and habffities of the management and liquidating functions fund, the special assistance functions fund, and participation sales fund formerly of the Federal National Mortgage Association, and continues to operate the functions cf these funds.

46 CO (X) TABLE 7. Receipts by departments and agencies, fiscal year 1970 [On basis of "Combined Statement of Receipts, Expenditures and Balances of the United States Government" Department or agency Budget receipts Legislative branch _ 3,639,571 The judiciary 21,576,287 Funds appropriated to the President: MUitary... Economic assistance 622,834 Other 712,242 Agricultm'e Department ,654 Commerce Department... 26,938,897 Defense Department: MUitary ,637,072 CivU 1,092,582 Health, Education, and Welfare Department 39,151, Housing and Urban Development Department Interior Department 11,288,559 Justice Department 17,766,671 Labor Department 3,464,819,973 State Department ,262 Transportation Department 5,365,383,090 TreasuryDepartment 143,017,794,862 Atomic Energy Commission 2,177,232 General Services Adininistration 836,230 National Aeronautics and Space Administration '.. 704,090 Veterans' Administration 2,425,603 Otherindependent agencies 2,713,553,515 Total ,250,789 Proprietary receipts from the public ,449 5,855, ,379, ,800, , , , ,293 39, 376, , 820, , , 562, 600 1, 286,225 3, 892, 603 5, 066,185 19, 910, , 526, 421 2, 117, , 666, , , 095, Interfund, deducted by agency Intrabudgetary Interfund, not deducted by agency 477, , ,961. 6,643,595. 6,806, , , 603,821,000 24,641 3,291,438, 2, 445,310,709 Loan account repayments 174, 934,607 6, 925, ,280 "'i,'867,'779' 31, 234,823 17,046, 778 1,746, , , 525, 049 3,381, , 324,298 fiol _ 9,205, , ,256 23, 586, ,430,783 2, 910, 816,269 39,542, , 798, 048, 771 6, 379, 876, 627 Total receipts oflset against outlays 12, 421, 800 6, 682, ,379, ,800, , ,641,719 39,053, , 041, , ,175 23, , , , 108, , 836, , ,272, 318, 696 2, 117, , 309, 711 5, 925, , ,224, 777, , 082,000 13,992,121,346 t=j o O Ui O O SI > w d

47 TABLE 8. Budget receipts and outlays monthly and total for fiscal year 1970 [In millions of douars. On basis of "Monthly Statement of Receipts and Expenditures of the United States Govemment," see "Bases of Tables"] Receipts and outlays July August Septem- October Novem- Decem- January ber ber ber February March April May June Total 1970 NET RECEIPTS Individual income taxes 6,404 7,230 9,776 6,636 7,236 6,774 10,660 6,965 3,419 10,701 5,258 9,353 90,412 Corporation income taxes 1, , ,627 1, ,239 4, ,329 32,829 Social insurance taxes and contributions: Employraent taxes and contributions.. 2,510 4,392 2,766 2,055 3,547 1,917 2,290 4,363 3,151 3,927 4,792 3,421 39,133 Unemployment insurance ' ,464 Contributions for other insurance and retirement Excisetaxes 1,419 1,263 1,295 1,259 1,606 1,400 1,154 1,206 1,192 1,226 1,319 Estate and gift taxes ' Customs Miscellaneous Total 12,542 NET OUTLAYS ,701 15, 705 3,644 2,430 3,424 14,999 20,406 11,832 14,332 16,701 16,303 14,929 13,110 22,043 13,986 22, ,743 Legislative branch Thejudiciary Executive Office of the President Funds appropriated to the President: MUitary assistance Economic assistance ,608 Other ISO ,436 Agriculture Department: Coinmodity Credit Corporation and foreign assistance and special export programs , ,777 Other ,530 Commerce Departraent ,028 Defense Department: Military: Department of the Army 2,022 2,071 2,076 2,133 2,002 2,139 1,972 1,941 1,979 2,169 1,901 2,321 24,725 Department of the Navy 1,865 1,911 1,915 2,069 1,645 1,894 1,908 1,696 1,930 1,886 1,817 1, ,505 Department of the Air Force 2,060 2,227 2,050 2,318 2,008 2,106 2,048 1,927 2,001 2,059 2,054 2,008 24,868 Defense agencies ,972 Other Total military 6,346 6,612 6,479 6,982 6,051 6,584 6,419 5,953 6,377 6,531 6,185 6,634 77,150 Civil W > I l Ui H-l O f > > fel h-l 00 CO

48 o CO o TABLE 8. Budget receipts and outlays monthly and total for fiscal year 1970 Continued [In miuions of douars.] O o Receipts and outlays July August Septem- October Novem- Decem- January Febru- March ber ber ber ary April May June Total 1970 NET OUTLAYS Continued Health, Education, and Welfare Department: Social and rehabihtation service ,178 Federal old-age and survivors insurance tmstfund. 2,062 2,062 2,086 2,085 2,071 2,063 2,054 2, ,080 2,460 Federal disability insurance tmst fund Federal hospital insurance tmst fund Federal supplementary medical insurance tmstfund Other : Housing and Urban Development Department Interior Department Justice Department Labor Department: Unemployment tmst fund Other Post Office Department State Department Transportation Department: Highway tmst fund Other Treasury Department: Interest on the public debt.- 1,487 1,487 1,629 1,663 1,585 1,653 1,671 1,620 1, ,304 Interest on refunds, etc Other }, ,320 2,954 4,953 2,196 6,736 2,603 1, ,376 2,042 O S3 > Kl O M >^ td fel > Ui d td Kl

49 Atomic Energy Commission ,453 General Services Administration National Aeronautics and Space Administration ,749 Veterans' Adininistration: Compensation, pensions, and benefit programs ,338 Govemment Ufe insurance fund National service Ufe insurance fund Other ,546 Other independent offices: CivU Service Conimission 221 ' Export-Import Bank of the United States Small Business Administration Tennessee Valley Authority Other ,403 Undistributed intrabudgetary transactions: Ui Federal eraployer contributions to retire- H ment funds > Interest credited to certain Government 2 accounts , go Total 15,695 17,106 17, ,944 15,461 16, , , ,057 16,445 16, O Surplus, or deficit (-) -3, , , ,429 3,986-2,459 7,210-2,846 ^ > hj fej rf^

50 TABLE 9. Budget receipts by sources and outlays hy major functions, fiscal years [In milhons of dollars. On basis of 1971 budget document, released Feb. 2, 197.0] Receipts and outlays RECEIPTS Individual income taxes 41,338 45,571 47, ,792 55,446 61,526 68,726 Corporation inconie taxes ,579 23,493 25,461 30,073 33,971 28,665 Social insurance taxes and contributions (tmst funds): Employment taxes and contributions ,271 14, ,723 19, RaUroad retirement Unemployment insurance 2, ,112 4, ,777 3, Contributions for other insurance and retirement: Suppleraentary raedical insurance Employees'retireraent, employee contributions ,111 1,201 1,334 Other retireraent contributions Total social insurance taxes and contributions 16,438 17,046 19,804 22,012 22,258 25,567 33,349 34,622 Excise taxes: Highway trust fund 2,798 2,949 3,279 3,519 3,659 3,917 4, Alcohol , ,499 3,689 3,720 3,980 4,189 Tobacco 1,986 2,022 2,075 2,048 2, Other ,295 4,474 4,664 5,081 3,358 3,221 3,390 Total excise taxes Estate and gift taxes 1 Custoras duties.. Miscellaneous receipts. Total budget receipts OUTLAYS National defense: Departraent of Defense-military , ,457 77,373 Military assistance ,406 1,209 1, Atoraic energy 2 2, ,764 2,625 2,403 2,264 2,466 Defense-related activities Deductions for oflsetting receipts Total national defense 11,860 1, ,389 12, 534 2,016 1, , ,167 1,205 1, , , 731 2,394 1,252 1, , ,716 1,442 1, ,833 13, 062 3,066 1,767 1, ,856 13, 719 2,978 1,901 2, , ,079 3,051 2,038 2, ,671 87, , , , ,482 2,136 3, ,491 2,319 ' 2.908» , , , , , , ,298 5,354 4,466 1,995 3,891 15, 705 3,644 2,430 3, , ,297 1,559 2, ,381 51, , , , , , 517 ^81,232 80, 299 to CO td fej ^ O td o W fel Ui fej O td fej > td K o fej W fej td fej > Ui td Kl

51 International aflairs and finance: Conduct of foreign aflairs Economic and financial assistance 1,877 Foreign inforraation and exchange activities 158 Food for Peace : Deductions for oflsetting receipts , , , , , , , , , , , , , , , Total international affairs and finance. 3,367 4,492 4,115 4, , ,619 3,785 3,568 Space research and technology: Manned spaceflight Space science and apphcation Space technology Aircraft technology Supporting space activities Deductions for oflsetting receipts Total space research and technology Agriculture and rural developraent: Farm incorae stabuization Rural housing and public facilities Agricultural land and water resources Research and other agricultural services Deductions for oflsetting receipts Total agriculture and rural development Natural resources: Water resources and power Land management Mineral resources Recreational resources Other natural resources prograras Deductions for oflsetting receipts (**) 744 2, ,340 1, (**) 1,257 3, , , (**) 2,552 4, , ^ ,170 4, , , ,091 3, ,807 1, , ,933 2, , ,016 3, ,423 3, ,376 2, ,412 3, ,721 4, ,943 2, ,758 2, ,247 5, ,221 2, ,749 4, ,187 2, ,109 Ui H Ui H O f > > fej!^ O X Total natural resources 1, ,505 1,972 2,063 2,035 1,860 1,702 2,129 2,532 Commerce and transportation: Air transportation Water transportation Ground transportation Postal service Advancement of busmess Area and regional development Regulation of business Deductions for oflsettmg receipts , , , , , , ,367 1, , ,632 1, Total commerce and transportation 5,048 5,408 5,743 6,482 7,364 7,135 7,564 8,047 7,873 9,261 Footnotes at end of table.

52 TABLE 9. Budget receipts hy sources and outlays by major functions, fiscal years Continued [In mffiions of douars] Receipts and outlays UTL AYS Continued Community development and housing: Concentrated community development Community environment ' 240 Community facilities Community planning and adininistration Low and moderate income housing aids Maintenance of the housing mortgage market 36 ' 169 1, Deductions for oflsetting receipts Total commumty development and housing Education and manpower: Elementary and secondary education Higher education Vocational education Manpower training Science education and basic research Other education aids Other manpower aids Deductions for oflsetting receipts Total education and manpower 1,499 1,732 1,732 2,028 Health: Developraent of health resources ,170 Providing or financirig medical services Prevention and control of health problems Deductions for offsetting receipts Total health 873 1,139 1,393 1,737 Income security: Retirement and social insmance. 18,467 19,474 21,249 21,958 Public assistance 2,385 2,604 2,909 3,085 Social and individual services Deductions for offsetting receipts Total income security. 20,956 22, ,854 24, , , , ,644 2,616 4,076 1, ,439 1, ,695 1, , , 533 4,523 6,135 7,012 1, ,212 1, ,556 4, ,826 7, , 730 2,543 6,721 9,672 22, 282 3, ,453 25, 298 3, , ,068 3, ,881 29, 293 3, , ,961 2,480 1, , ,918 9, , , , , , (**) 3,111 2,594 1, , ,434 2, ,662 12,996 38, ,076 43,499 h4^ CO o td' fej hj O td 1^ o fej M fej Ui fej o td fej > td Kl o fej W fej td fej > Ui d td Kl

53 Veterans benefits and services: Income security 4,439 Education, training, and rehabffitation 416 Housing 152 Hospital and medical care O ther veterans benefits and services 187 Deductions for offsetting receipts 537 Total veterans benefits and services 5,688 Interest: Interest on the pubhc debt 8,967 Interest on refunds of receipts 83 Interest on uninvested funds 10 Deductions for oflsetting receipts Total mterest 8,108 General govemment: Legislative functions 118 Judicial functions 62 Executive dhection and management 22 Central fiscal operations General property and records management 356 Central personnel management 92 Law enforcement and justice 289 National Capital region 60 Other general government 109 Deductions for oflsetting receipts 220 Total general government Undistributed intragovernmental transactions: Employer share, employee retirement Interest received by tmst funds 1,491-1,036-1,413 Totaloutlays. 97,796 4, , , , , , (*) 1, , , , , ,625 6,520 5,681 6,722 5,920 6,897 9, , , ,078 12, , , , , ,321 9,216 9,810 10,357 12,588 13, ,650-1,069-1, ,810-1,169-1, ,040-1,256-1, ,210-1,329-1, ,292-1,447-1, ,610-1,661-2, , ,561-1,825-2,674 5, , ,640 16, , , ^ ,866-2,018-3,099 6, , ,686 19, ,113 18, , ,337-2,444-3, , , , , , , ,833 ' 184, ,588 Ui > M Ui >^ I l O > > hj hj fej 1^ Revised.» Based on Monthly Statement of Receipts and Expenditures of the U.S. Government. 2 Entries net of oflsetting receipts. 3 Excludes oflsetting receipts which have been distributed by function above. *Less than $500,000. **Minus less than $500,000. Ol

54 TABLE 10. Internal revenue collections hy tax sources, fiscal years ^ [In thousands of douars. As reported by Internal Revenue Service, see "Bases of Tables" and Note] Income and profits taxes Employment taxes Fiscal year Withheld by employers Individual income taxes 2 Other Total individual income taxes Corporation income and profits taxes 3 Total income and profits taxes 2 Old-age and disability insurance taxes 3 Unemployment insurance taxes RaUroad retirement tax Total employment taxes 2 Capital stock tax* Estate tax Gift tax : ,015 7,823,435 10, 264, 219 9, ,842, ,533,577 10,055, 502 9, ,089, , 929, , ,077, ,625 24, , , , 718, , ,874 67,300,546 ^70,182,175 77,416, , , , ,655 3,262,800 6,943,917 10,437, 570 8, 770,094 8,846,947 9, 601,015 9, 464, 204 7,996,320 7, 264,332 9,907, ,345,060 11,403, , ,396,480 11,321,966 12,302, , 627, ,175, ,485 14, 268, , , , ,499 27, , , , , ,017 1,417, ,800 6, 629, ,005 19,034, , ,343, ,997, ,822 17,153,308 22,997, , , ,813,691 31, 650,106 35,337,642 39, 029, , 568, , 734, ,945, , , 987, ,590, ,683 61, ,595 78, ' 97, 440, , 651, , ,342,718 1,156, ,592 2, , ,956 14, 766, ,027, , 553, , , ,669 10, 854, ,387, , 646,322 18,264, , , ,533,316 18,091, ,179, , 764,940 21,295,711 22,336,134 24, ,334 30, ,917, ,646 35, 036, 983 1,427, ,114 2,129, ,124 8,006,884 16,298,888 33, 027, ,061, , 258,138 29,019, ,172,191 29, 605,491 28,007, ,384,878-50, 741, , ,360, ,914,826 66,636,164 60, 660, ,101, ,826, ,125,126 67, 917, ,323, ,891,218 79, , ,288, , 565 '135,778, , 688, , , , , , ,336 1,131, 546 1, 290,025 1,307,931 1, 237,825 1, 458, 934 1, 612,721 1,687,151 1,873, 401 2,810, 749 3, ,816, 252 4, 218, 520 5, 339, 673 6,336,805 6, 634, 467 7, 733, 223 8, , 210, , 586, ,686,231 13, 484, ,667, , , 005,488 25,562,638 26,620,648 31,489,943 35,692,198 68,119 90, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , Oil 284, , , , , , , , , , , , , , , , , , , , , , , , , , , ,856 1,185, , 705 1, 738,372 1, , 700,828 2,024,365 2,381, 342 2, , 644, 575 3, 627, 480 4,464,264 4, 718,403 5,107,623 6, 219, 665 7, 295, 784 7, 580,522 8, 644,386 8,853, ,158, , 502,451 12, , 004, , ,104,306 20, ,958,241 28,085,898 33,068,657 37,449, , , , , ,723 6, ( ) (*) (*) (*) (*) (*) (S) (*) [? (*) (*) (4) (<) (*) (^) 218, , , , , , , , , , , , , , ,492 1,053,867 1, 253,071 1, 277,052 1, 235, 823 1, 439, 259 1, 745,480 1, , 971, ,992 2, ,728,580 2, 710,254 3,136,691 3, 241, ,059 23, ,864 92, , , , , , , , , , , , , , , , , , ,755

55 Excise taxes Fiscal year DistiUed spirits«beero Alcohol taxes» Wines Other, including occupational taxes Total alcohol taxes Cigarettes Tobacco taxes«cigars Other Total tobacco taxes, etc. Documents, other instruments, and playing cards^ _ ' I , , , , , , , , , 437 1,484,306 1, 746, 580 1, , , , , , ,873, , 599 2,023,334 2, ,064,184 2,098,496 2, ,276, 643 2, , 467, ,696 2,710,603 2,767,400 2,966,967 3,085,313 ' 3,345, 601 3,446, , , , , , , , , , , , , , , , , , , , , , , , , , ' 1,003,354 1,076,148 8, ,395 8,060 11, ,986 33,663 34, ,196 60,962 65, ,601 67, , , , ,303 90,918 98,850 96, , , , , ' , ,126 33, , , , , , ,412 90,681 60, , ,143 44,377 45, , , ,853 46, , , ' , , , , , ,048, ,646 1,618, 775 2, ,474, 762 2, 255,327 2, 210, 607 2, 219, 202 2, 546, 808 2, , 780, 925 2, 783,012 2, 742, 840 2, 920, 574 2,973,195 2,946, ,193, 714 3,212,801 3,341,282 3,441, 656 3,677,499 3,772, ,378 4,075, ,237 ' ,746, , , , , , 753 1, , , 204 1, , 242, , , 782 1, 513, 740 1,504,197 1, 549, ,668, 208 1, 738,050 1, ,923, 540 1, , 010, 624 1, ,069,695 2,006,499 2, ,066,169 2, ,361 13,392 12,882 12,913 12,995 13, , ,172 30, ,678 41, , ,275 44,810 46,326 46, ,040 44,858 47,247 51,101 60,117 49,604 49,726 50, , r54,220 66,834 63,299 62,816 61, ,190 62, , , ,714 51, , ,281 21,803 20, ,770 19, , ,566 17, , , ,481 19,561 17, , f 1,259 1, , , , , , , , , , ,145 1,165, 619 1, 237, 768 1, 300, 280 1,321, 875 1, 328,464 1,380,396 1, 565,162 1, 654,911 1, 580, , 213 1, 613,497 1,674,050 1, 734,021 1, 806,816 1, 931, 504 1,991,117 2,026,736 2, 079,237 2, 052, 546 2,148,694 2, 073,956 2,079,869 2,122,277 ' 2,137,585 2, 094, ,990 69,919 46,233 41,083 38,681 39, ,528 87,676 79,978 79, ,828 84, ,107 84, , , , , , , ,260 48, Ui > H-l Ui > fej Footnotes at end of tables t4^

56 TABLE 10. Internal revenue collections hy tax sources, fiscal years ' Continued [In thousands of dollars] Excise taxes Continued QC Manufacturers excise taxes Fiscal year J _ * _ Gasolhie 177, , , , , , , , , , , , , , , , , , , 678 1,030,397 1,458, 217 1,636,629 1,700,253 2, ,370, 303 2,412,714 2,497,316 2,618,370 2,687,135 2,824,189 2,932, ,792 3, , 076 Lubricating ous. 27,103 31,463 31,666 30,497 31,233 38,221 46,432 43,318 52,473 92,865 74,602 82,015 80,887 81,760 70,072 77,639 73,746 73,321 68,029 69,818 74,584 73,601 69,996 73,685 81,679 74,296 73,012 74,410 76,316 76, , ,510 Passenger automobiles and motorcycles ' 48,201 66,265 43,365 42,723 59,351 81,403 77,172 1,424 1,222 2,558 25, , , , , , , , ,482 1,047,813 1,376,372 1,144,233 1,170,003 1,039,272 1, ,629 1,300,440 1, 659, 510 1,745,969 1, 887,691 1,492,225 1,413,833 1,530,777 1, ,753,327 AutomobUe tmcks and busses 7,000 9,031 6,697 6,008 7,866 10,747 18,361 4,230 3,247 20,847 37,144 62,099 91, , , , , , , , , , , , , , , , , , , , , , ,986 Parts and accessories for automobues* 7,110 10,086 7,989 7,935 10,630 13,084 28,088 20,478 31,551 49,440 68,871 99, , ,138 88, , , , , , , , , , , , , , , ,546 34, ,387 84,069 Thes, tubes, and tread mbber 32,208 40,819 31,567 34,819 41,556 51,054 64,811 18,345 40,334 75, , , , , , , , , , , , , , , , , , , , , , , , ,795 Bushiess and store machines " 6,972 6,461 3,760 10,120 15,792 25,183 32,707 33,344 30,012 44,491 48,515 50,259 48,992 57,281 70,146 83,175 90,658 93,894 99,370 98,305 81,719 74,845 71,867 74,426 6, Refrigerators, freezers, air-conditioners, etc. 11 7,939 9,913 8,829 6,958 9,954 13,279 16,246 5, ,229 37, ,473 77,833 64,316 96, ,970 87,424 75,059 38,004 49,078 46,894 39,379 40,593 60,034 55,920 64,638 61, ,799 75, , Radio and television recelvhig sets and phonographs, parts 10 6,075 6, ,834 6,080 6,935 19,144 6,661 3,402 4,753 13,386 63,866 67,267 49,160 42, , , , , , , , , , , , , , ,769 I* -3,761 1* -1, Electric, gas, and ou appliances i^" 17,702 6,913 6,027 12,060 25,492 65,608 87,858 80,935 80, ,996 89, ,390 97,415 50,859 71,064 75,196 61,400 62,373 69,276 64, ,171 77,576 80,983 6, Electrical energy 33,576 35,975 38,455 39,859 42,339 47,021 49,978 48,705 61,239 67,004 69,112 63,014 69,701 79,347 86,704 93, (13) (13) (13) (13) (13) (13) (13) (13) (13) (18) (13) (13) (13) (13) (13) l^ (13) All other 12 37,165 44,744 39,188 16,323 11,957 12,609 57,406 54,659 37,584 50,406 69, , , , , , , , ,488 93, , , , , , , , ,358 69,773 36,941 45,706 '51, Total manufacturers excise taxes 382, , , , , , , , , , ,671 1,425,395 1,649, , 533 1,836,053 2,383, 677 2,348,943 2,862,788 2, ,886,016 3,456,013 3,761,925 3,974, , 789 4,736, ,802 6,132,949 6, 610,309 6,020,643 6,418,145 6,613,869 6,478,347 5, ' 6,601,146 6, fej O SJ o fel fej i fej > Hi o fej fej fel >

57 Excise taxes Continued RetaUers excise taxes i Miscellaneous excise taxes Fiscal year Jeweky Furs ToUet preparations Luggage, handbags, wallets Total retauers excise taxes Toll telephone, telegraph, radio, and cable services " General telephone service Transportation of persons" Transportation of property (includmg coal) Admissions " General admissions Cabarets ,501 88, , , , , , , , , , , , , , , , , , , , ,572 43,264 1, ,744 44, ,726 79,418 91,706 97,481 79, ,946 45,781 57,604 51,436 49,923 39,036 27,053 28, ,494 28,544 29,909 30,207 29,226 31,163 29,287 30,016 31,390 3, ,922 32,677 44,790 86,616 95,574 96,542 91,862 93,969 94, , , , ,149 71,829 83,776 92,868 98, , , , , , , ,343 73,851 81,423 84,588 80,632 82,607 77,632 82,831 90,799 95,750 79,891 50,896 57,619 67,116 58,785 61,468 62, ,182 69,384 74,019 78,704 81,386 20, (*) 82 80, , , , , , , , , , , , , , , , , , , , , ,098 24, ,977 24,094 26,368 27,331 48, , , , , , , , , , , , , , , , , , , , ,101,853 1, , ,562 26,791 66,987 90, , , , , , , , , , , , , , , , , , , , , ,880 (19) (19) (19) (19) (19) 21,379 87, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,989 " 143,250 "3,140 1, ,773 18,185 19,284 18,029 20,266 68, , , , , , , , , , , , , , , ,018 75,847 64,683 49,977 34, ,679 39,169 42, ,063 51,968 45, ,339 1,556 1,617 1,442 1,623 2,343 7, ,397 26,726 66,877 72,077 63,350 53,527 48,857 41,453 42,646 46,489 46,691 38,312 39,271 42,256 43,241 42,919 45,117 49, ,606 39, ,026 43, , Ui H > H Til H H-l fe hi fej V, o t\ Footnotes at end of table. CO

58 TABLE 10. Internal revenue collections hy tax sources, fiscal years ^ Continued [IQ thousands of dollars] o Excise taxes Continued Fiscal year Club dues and initiation fees 6,091 6,288 6,551 6,217 6,335 6,583 6,792 6,520 9,182 14,160 18, , ,740 30,120 33,692 36,829 31,978 41,963 47,171 64,236 60,338 64,813 67,187 64,357 69, , ,120 79, ,825 1,536 1, Sugar 30,569 65,414 68,145 74,835 68,230 53,552 68,789 73, ,732 59,152 71, ,174 71,188 80,192 78,473 78,130 74,477 78, ,091 85,911 86,378 89,856 91, ,636 99,903 95,411 97, , , , , , 309 MisceUaneous excise taxes Continued Diesel and special motor fuels ,091 17,969 22,692 24,464 39,454 46,061 62, , , , , , , , , ,712 Use tax on highway motor vehicles weighing over 26,000 lbs ,163 33,117 32,532 38,333 45,675 79, , , , , , , , ,086 AU other 21 44,656 46,964 49,410 46,900 43,171 45, , , , , ,249 75,176 88,035 89,799 98,732 79,210 82, , ,981 89,132 79,316 43,879 38,588 43,767 37,651 38, , , ,615 Total misceuaneous excise taxes 88, , , , , , ,921 1, , ,752, , ,061,164 1,936,527 1,492,633 1, 608,497 1,718,509 1,741,327 1,435,953 1,386,829 1,497,526 1, 670,258 1, 619, 656 1,646,631 1,786, 056 1,603,364 1, ,858,843 2,147,547 2, 342, 222 Unclassified excise taxes ,687-31,209 66,237-32,749 66,351 99,644-80, , , ,387-32, , ,480 '199,458 38,059 Total excise taxes 1, ,764,661 1,730,853 1,768,113 1,884,512 2,399,417 3,141,183 3,797,503 4,463,674 5,944,630 6,684,178 7, ,409,941 7,578,846 7,598,405 8,703,599 8,971,158 9,946,116 9, 517, 233 9, 210,582 10,004,195 10,637,544 10,814,268 10,759,549 11,864,741 12,064,302 12,762,176 13, 409, ,950, ,792,779 13,398, , ,396 15, 542,787 15,904, 264 Taxes not otherwise classified 23 71,637 2*7,362 2* 5,269 2* 15,482 2*7,024 2* 5,444 Grand total ,653,195 6,658,765 6,181,574 6,340,452 7,370,108 13,047,869 22,371,386 40,121,760 43,800,388 40,672,097 39,108,386 41,864,542 40,463,125 38,957,132 50,445, ,009,688 69,688, ,991 68,288, , ,971 79,978,476 79,797,973 91,774,803 94,401,086 99, 440, , 925, , , ,879, ,374, , , 919, , 722,096 fej o o fej fej Ui fej O ^ fej > o fej fej 1^ fej > Ui

59 *Less than $500. ' Revised 1 For figures for , see 1929 annual report, p. 419: for , see 1947 annua report, p. 310; and for , see 1963 report, p Withheld income taxes and old-age insurance taxes on employees and employers have been deposited in Treasury without separation as to type of tax since December 1950; since December disabiuty insurance taxes, and since June 1965, hospital insurance taxes have been deposited in the same way. For the same periods, the old-age insurance and disability insurance taxes on the self-employed have been combined with "Income taxes other." The distribution of amounts of these taxes by type is based on estimates made by the Secretary of the Treasury in accordance with provisions of sec. 201(a) of the Social Security Act, as amended (42 U.S.C. 401(a)). "Individual incorae taxes withheld" by employers, , include amounts subsequently transferred to the Government of Guam, under the provisions of the act approved Aug. 1, 1950 (48 U.S.C. 1421h); since 1956 these amounts are excluded. 3 Beginning with 1952, includes the tax on business income of exempt organizations. Income tax on the Alaska Railroad was included untu repealed, eflective with taxable years ending after June 30, * Repealed for years ending after June 30, Beginning with 1954, includes taxes couected in Puerto Rico upon products of Puerto Rican manufacture coming into the United States. Tobacco taxes "other" repealed eflective Jan. 1,1966 (Public Law 89-44). 6 Through 1956, "DistUled spirits" included amounts collected by Customs on imports of both distiued spirits and beer. Beginning with 1957, imported beer is included with "Beer." ^ Includes stamp taxes on issues, transfers, and sales of bonds, capital stock, and similar interest sales untu repealed eflective June 22, 1965 (Public Law 89-44) and taxes on silver bullion sales or transfers until repealed eflective June 5, 1963 (Public Law 88-36). Tax on foreign insurance policies (1 cent or 4 cents per $1 of premium) payable by return on and after Jan. 1, 1966 (Public Law and Treasury Decision 6868). Deeds of conveyance, $100 to $500^ 55 cents; each additional $500 or fraction thereof, 55 cents, repealed eflective Jan. 1,1968 (Public Law 89-44). 8 Passenger automobiles, rate 10 percent through May 14, 1965; 7 percent for May 16, 1965-Dec. 31, 1965; 6 percent Jan. 1, 196fr-Mar. 15, 1966 (Public Law 89-44). Under the Tax Adjustment Act of 1966, rate restored to 7 percent eflective Mar. 16,1966 (Public Law ). The rate was scheduled to drop to 2 percent on Apr. 1, 1968, but was continued at 7 percent to Apr. 30, 1968, by Joint Resolution (Public Law ). Under the Revenue and Expenditure Control Act of June 28, 1968 (Public Law ) the rate was restored, retroactively, to 7 percent. Motorcycles, repealed eflective Sept. 1, 1955 (Public Law 379). Parts and accessories for automobues (except truck parts), repealed eflective Jan. 1, 1966 (Public Law 89-44). 10 Repealed, eflective June 22,1965 (Public Law 89-44). 11 Air conditioners, repealed, eflective May 15,1965; refrigerators and freezers, repealed eflective June 22,1965 (Public Law 80-44). 12 Includes manufacturers excise taxes on jewelry (1932, repealed by the Revenue Act of 1936), furs (1932. repealed effective June 30, 1938), and touet preparations (1939, repealed eflective Oct. 1, 1941); beginning 1942 includes manufacturers excise taxes on phonograph records, musical instruments, and luggage, repealed effective June 22,1966 (Public Law 80-44). The tax on phonograph records through 1941 was included in "Radio and television receiving sets and phonograph parts." See also footnote Repealed by Revenue Act of Collections for the years subsequent to 1952 are Included under "MisceUaneous excise taxes, AU other." 1* Negative figure stems primaruy from fioor stock credits taken on certain taxes repealed by the Excise Tax Reduction Act of General and tou telephone and teletypewriter service reduced to 3 percent, effective Jan. 1, Private communications service, telegraph service, and wire equipment service, repealed, effective Jan. 1,1966 (Public Law 89-44). For general and tou telephone service and for teletypewriter exchange service, the rate of tax on amounts paid on bills first rendered on or after Apr. 1,1968, for services rendered after Jan. 31,1966, is increased from 3 percent to 10 percent ofthe amount paid (Public Law ). For general and tou telephone service and for teletypewriter exchange service, the rate of tax was scheduled to be reduced from 10 percent to 1 percent on amounts paid on bius first rendered on or after Apr. 1,1968. Public Law continued the 10-percent rate to Apr. 30,1968; the Revenue and Expenditure Control Act of June 28, 1968 (Public Law ) retroactively restored the 10-percent rate. 19 Rate of 10 percent repealed effective Nov. 16, 1962, except on air transportation which was reduced to 5 percent. 17 Repealed eflective noon Dec. 31, Repealed effective Aug. 1, 1958 (26 U.S.C note). 19 After fiscal 1965, included in "Toll telephone, telegraph, radio, and cable services." 20 Beginning with fiscal 1957, collections are applied in accordance with provisions of the Highway Revenue Act of 1956, as amended (23 U.S.C. 120 note). 21 Includes certain delinquent taxes collected under repealed laws and various other taxes not shown separately. 22 Includes undistributed depositary receipts and unapplied collections of excise taxes. 23 Consists of agricultural adjustment taxes. 2* Beginnhig with 1955, includes unidentified and excess collections, and profits from sale of acquhed property. UntU 1955, such amounts were included in "MisceUaneous excise taxes, AU other." For , includes depositary receipts outstanding 6 months or more for which no tax accounts were identified. NOTE. These figures are from Internal Revenue Service reports of couections. For years prior to 1955, they are not directly comparable to gross budget receipts from internal revenue; the differences in amounts occur because of differences in the time when payments are included in the respective reports. Through 1954, the payments were included in Internal Revenue Service collection reports after the returns to which they applied had been received in internal revenue offices. Beginnhig with 1955, tax payments are included in budget receipts when reported in the Account of the Treasurer of the United States. Under arrangements begun in 1950, for withheld income tax and old-age insurance taxes and later extended to rauroad retirement taxes and many excises, these taxes are paid currently into Treasury depositaries and the depositary receipts, as evidence of such payments, are attached to quarterly returns to the Internal Revenue Service. Under this procedure, the payments are included in budget receipts in the month in >vhich the depositary receipts are issued to taxpayers. Revised accounting procedures, effective July 1, 1954, extended this practice to Internal Revenue Service couection reports, so that these reports include depositary receipts in the inonth in which they are issued instead of the month in which tax returns supported by the receipts are received in the directors' offices. It is not possible to make a complete classification of excise taxes paid into depositaries until the returns are received. Accordingly, the item "Unclassified excise taxes" includes the amount of "undistributed depositary receipts," i.e., the amount of depositary receipts issued, less the amount of depositary receipts received with returns and distributed by classes of tax, and beginning Jan. 1, 1968, amounts of Federal tax deposit forms purchased and not yet applied to taxpayers' liabilities; Ui GO HH o > > fej Ol

60 1 Includes the District of Columbia. Footnotes continued on following page REPORT OF THE SECRETARY OF THE TREASURY TABLE 1.1. Internal revenue collections and refunds hy States, fiscal year 1970 [In thousands of dollars] Individual Corpora- States, etc. income and tion employment income taxes taxes Excise taxes Estate and gift taxes Total collections Refunds of taxes Alabama Alaska.. Arizona.. Arkansas. CaUfornia ^.. Colorado C onnecticut. Delaware '.. Florida... Georgia Hawaii... Idaho ^. - Illinois -. Indiana _. Iowa... Kansas.. Kentucky... Louisiana. '... Maine Maryland i.. Massachusetts Michigan Minnesota..: Mississippi...!... Missouri Montana. Nebraska Nevada New Hampshire... New Jersey New Mexico :. New York North CaroUna North Dakota Ohio Oklahoma. Oregon Pennsylvania Rhode Island South Carolina South Dakota... Tennessee Texas Utah... Vermont Virgi nia. Washington West Virginia Wisconsin : Wyoming. International 2 Undistributed: Federal tax deposits 3. Transferred to Government of Guara... Withheld taxes of Federal employees * Gasoline, lubricating oil, and excess FICA credits ^ Unclassified.. Clearing account for Excise taxes aviation fuel and oil Air Force.. 1,140, , , ,216 14,472,687 2,052, 891 2,670, ,333,447 2,209, , , ,856 1,283, 605 1,033,348 1,121,108 1,354, ,679 4,260, ,680 7, ,657, ,058 3, 796, , , ,814 6,101, ,818 21,852,937 2,197, ,089 8,526,716 1,160,634 1,164,207 8, 991, , , ,609 1,585,723 6,096, , ,279 1,970,809 2,132, ,008 2,531, , , , , ,958 14, ,888 2,441, , , , ,263 84, , Oil 2,957, , , , , , ,256 2, ,748 35, ,167 58,532 55,281 1, ,651 8, 917, ,840 19,958 2, , 544 1, 637, , ,741 24, ,379 1,184,342 71,948 26, , ,958 88, ,514 10,988 66, , , , ,017 2,743 6,275 30,746 1,198, , , 508 1, , ,518 13,107 5,311 1,038, ,031 30, ,082 1,193,913 68,904 7, , ,972 2,407, , ,596 3,623 77, , ,654 7,937 1,466,258 1,196,819 6, , ,494 14,818 20, 736 6,470 47, ,724 15, 540 2, , ,308 19, ,644 16,463 85, , ,778 12, ,691 40, ,849 32, ,204 51, ,322 4, ,129 52,659 34,322 32,603 42, ,427 13,481 92, ,731 55,177 11,701 74,881 6,844 22,164 16,858 10, ,285 11, ,603 52,037 4, ,055 29,476 24, ,271 22,020 17,314 4, ,361 4,637 11,078 48,431 48,221 12,183 64,733 3,172 16,044 1,436, , , , ,235 2,475,180 3,500,554 1, ,216,344 2,948, , ,076 14,809,933 4,701,325 1,612,687 1,274,071 2, 672,306 1,704, ,203,730 5, 586,039 13,303,001 3,552, ,467 5,125, ,396 1,132, , ,970 7,205, ,963 32,864,432 4,164, ,029 11,829, , ,840, ,965 1,069, ,057 1,996,748 8,281, , ,674 2,891,796 2,650, ,183 3,532, , ,049-11, , , ,905 30, ,864 76,686 2, 502, , ,614 44, , ,534 70, , , , , , , ,367 55, , , , ,609 89, ,106 36,947 80,964 54,223 50, ,066 55,686 1,868, ,152 23, , , , ,217 70, ,833 24, , ,058 72,828 24, , ,298 82, ,337 18,855 88, ,397 2,920 Total 6 141,100,773 35,036,! 7 15, 904,264 3,680, ,722, ,075,187 Reversals by Service Center due to Individual Master FUe cancelled checks and undehverable refund checks: North Atlantic Md-Atlantic Southeast Central Midwest... Southwest Western 3,662 1, ,

61 STATISTICAL APPENDIX 53 2 CoUections from and refunds to U.S. taxpayers in Puerto Rico, Canal Zone, and in foreign countries. 3 Consists of amounts of Federal tax deposit forms purchased and not yet applied to taxpayers' liabilities and the amounts of depositary receipts issued, less the amounts of depositary receipts received with returns and distributed by State. * Net transactions in the clearing account on the central books of the Treasury for withheld income taxes from salaries of Federal employees. 6 Represents credits allowable on income tax retums for certain gasoline and lubricating ou tax payments and for excess social security payments under the Federal Insurance Contributions Act (FICA). 0 Includes $35.9 biuion transferred to the Federal old-age and survivors insurance trust fund, the Federal disability insurance trust fund, the railroad rethement accounts, the Federal hospital insurance trust fund, and the unemployment trust fund for benefit payments within the States. 7 Includes $5.8 bulion gasoline and certain other highway user levies transferred to the high way trust fund for highway construction in States, in accordance with the Highway Revenue Act of 1956, as amended (23 U.S.C. 120 note). Also includes internal revenue collections made by Customs. 8 Includes reversals due to Individual Master FUe cancelled checks and undeuvered refund checks not obtainable by districts. Also, inclusive of the reimbursement of $425 muhon to the general fund from the Federal old-age and survivors insurance trust fund, the Federal disabiuty insurance trust fund, the highway trust fund, and the Federal Unemployment Tax Act (42 U.S.C. 1101(b)(3) which is the estimated aggregate of refunds due on taxes couected and transferred. NOTE. Receipts in the various States do not indicate the Federal tax burden of each since, in many Instances, taxes are collected in one State from residents of another State. For example, withholding taxes reported by employers located near State.Unes may include substantial amounts withheld from salaries of employees who reside in neighboring States. Likewise, payments of refunds within a State may not be applicable to the collections within that State since refunds are payable in the State of residence or principal place of business of the taxpayer which may not be the point at which couections are made. CoUections in fuu detau by tax source and region are shown in the "Annual Report of the Commissioner of Internal Revenue" and in lesser detau in the "Combined Statement of Receipts, Expenditures and Balances of the United States Government." TABLE 12. Deposits of earnings hy the Federal Reserve banks, fiscal years ^ Cumulative through 1970 Boston.. $685,172, $105,990, $137,265, $162,919, $1,091,348, NewYork 3,360,752, ,576, ,318, ,779, ,413,427, Philadelphia ,043, ,445, ,452, ,361, ,164,303, Cleveland 1,098,345, ,885, ,006, ,565, ,717,803, Richmond 838,760, ,102, ,230, ,639, ,420,732, Atlanta 662,316, ,587, ,808, ,028, ,072,741, Chicago. 2,239,893, ,878, ,416, ,165, ,355, St. Louis 498,910, ,309, ,062, ,310, ,593, Minneapolis ,998, ,818, ,513, ,401, ,732, KansasCity , ,630, ,647, ,790, ,691, Dallas 488, ,302, ,898, ,154, , SanFrancisco ,802, , ,902, ,783, ,905, Total... 12,990,739, ,947, ,661,524, ,265,900, ,009, 111, Through 1959, consists of approximately 90 percent of earnings of the Federal Reserve banks after payment of necessary expenses and statutory dividends, and after provisions for restoring the surplus of each bank to 100 percent ofsubscribed capital where it feu below that amount. Beginning in I960, pursuant to a decision by the Board of Governors of the Federal Reserve System, consists of all net earnings after dividends and after provisions for building up surplus to 100 percent of subscribed capital at those banks where surplus is below that amount and also of the araounts by which surplus at the other banks exceeds subscribed capital. Beginning in 1965, the surplus is maintained at the level of the paid-in capital instead of subscribed capital.

62 REPORT OF THE SECRETARY OF THE TREASURY TABLE 13. Customs collections and payments by regions and districts, fiscal year CUSTOMS COLLECTIONS Regions and districts Duties Miscellaneous Custoras collections Internal Revenue Service Total Boston region: District offices: Boston... $93,976,334 Bridgeport ^ 11,928,420 Buffalo 50,446,082 Ogdensburg 30,901,208 Portland, Maine 6,042;029 Providence 4,772,628 St.Albans 7,743,671 Total Boston region 205,810,372 New York regional office 962,863,467 B altimore region: District offices: Baltimore... 71,297,457 Norfolk 49,765,129 Philadelphia 120,384,103 Washington... 3,726,393 Total Baltimore region 245,173,082 Miami region: District offices: Charleston 34,973,884 Miami... 27,990,982 S an Juan 0 Savannah.. 15,664,325 Tampa 23,852,587 Wilmington. 32,035,703 Total Miami region New Orleans region: District offices: Mobile New Orleans Total New Orleans region 134, 517,481 8,278,044 70,452,514 78,730,558 Houston region: District offices: El Paso 12,637,374 Galveston 5,047,954 Houston 53,612,361 Laredo.. 25,252,309 PortArthur..: 2,762,107 Total Houston region 99,312, , , , , ,099 22,402 36,392 $23,730, 682 9,496,424 8, 914, , 592,301 23,422 1,681,236 7,078,308 1, 515,665 89,516, 619 2, 776, , , ,673 21, 284 2,113, ,486,226 87, , ,031 93, , , , ,014 75, , , ,080 84,058 $118,140,314 21,531,618 59,463,920 69,988,617 6,383, 550 6,476,266 14,858, ,842, ,363,095 1,144,003,278 25,309,737 3,993,933 26,310,864 8,871,692 1,614, ,735,868 79, 052 4,641,928 8,866,035 1,941,673 30,879,273 2,144,687 11,920,166 14,064,852 3,346, ,273 14,429, ,906 10, ,971 54,461, ,439,640 12,619,369 36,676, ,929, ,083 20,399,632 32, ,038, ,365,073 10,625,541 82,997,883 93,623,424 16,059, 786 5,781, ,396,565 26,028,295 2,856, ,912 18,865, ,122,634

63 STATISTICAL APPENDIX 55 TABLE 13. Customs collections and payments hy regions and districts, fiscal year 1970 Continued I. CUSTOMS COLLECTIONS Continued Regions and districts Duties Miscellaneous Custoras collections Internal Revenue Service Total Los Angeles region: District offices: LosAngeles.-. $241,334,913 Nogales... 19,604,361 San Diego ,132 Total Los Angeles region 278,184,406 San Francisco region: District offices: Anchorage 2,749,233 GreatFaUs 5,815,150 Honolulu 13,115,538 Portland, Oregon 31,852,053 SanFrancisco 104,955,496 Seattle 57,354,731 Total San Francisco region ,-842,201 Chicago region: District offices: Chicago 108,104,472 Cleveland 43,467,643 Detroit 78,532,950 Duluth 8,430,686 Milwaukee. 9,079,534 Minneapolis 6,616,905 Pembina. 6,048,878 St. Louis. - 13,601,534 Total C hicago region 273,882,602 TotalaU regions ,316,274 $951, , ,212 $41,462,978 39, ,986 1,332,046 41, 708, ,104 14, , , , ,307 1, 926,188 63,962, , , , , ,540 22, , ,688 2,739 2,372,888 1,890,969 39,228,417 20,334, ,944, ,358, ,017,467 40,964 3,600,028 3,431,308 48,448 8,218, , ,659,943 $283, 749, , ,769, ,370 2, 977,025 5, ,928 34, ,665,978 78, ,313, , , 755,602 10, , , ,520,131 13,383, ,507,301 3,300,206,749 II. EXPENDITURES BY CUSTOMS Region CoUections total Payments Excess duty and similar Drawback refunds Total CoUections net Expenses Cost to (net obli- collect gations) $100 Boston... N ew York $296,842,657 1,144,003,273 $2,660,822 10,305,702 Baltimore Miami 311,773, ,365,073 1,586,073 1,034,590 New Orieans... Houston 93,623, ,122, ,155 2,074,704 LosAngeles San Francisco.. 321,225, ,731,150 2,611,180 2,502,285 Chicago... Unassigned. 565,520,131 3,869,268-3,273,832 Grand total---- 3,300,206,749 23,989,947 40, $666,432 8,865,845 5, ,507, ,462 5,668,640 2,768,300 4,140,320 6,577,341 3,273,832 $3,327,254 $293,515,403 $13,245,467 19,171,547 1,124,831, , ,853 3,542, ,081, ,822,548 7,263,922 7,968,698 1,133,617 92,489,808 3,617, , , 379,290 12,765,143 5,379, ,845,890 12,761, , ,921,073 10,446,609, 555,073,522 12,840,299 11,862,322. $ n ,078,834 3,236, ,517,

64 REPORT OF THE SECRETARY OF THE TREASURY TABLE 14. Summary of customs collections and expenditures, fiscal years 1969 and 1970 [On basis of Bureau of Customs accounts] SCHEDULE l.-collections BY CUSTOMS 1969 Percentage increase, or decrease ( ) Collections: Duties: Consumption entries $2,122,505,424 Warehouse withdrawals 221,545,831 MaU entries 20,480,895 Passenger baggage entries 4,267,422 Crewmember baggage entries 1, Military baggage entries 286,209 Informal entries 15,386,176 Appraisement entries Vessel repair entries Otherduties 411,961 Total duties 2, ,473 Miscellaneous: Violations of Customs laws 4,272,446 Maruie inspection and navigation services 44,619 Testing, inspecting, and grading 443,647 MisceUaneous taxes. 6,667,405 Fees ,186 Undahned funds :. 248,579 Recoveries. 36,091 All other custoins receipts.. 57,535 Total miscellaneous... 12,049,508 Internal revenue taxes. 857,453,162 Total couections 3.256,693,143 $2, 228,450, ,850,252 22, ,469, 656 1,183, ,406 16,380, ,746 1,490,067 1,059,994 2,494,316, 274 6,372,245 9, , 586, , ,731 16, ,637 13,383, , 507,301 3,300,206,749 SCHEDULE 2.-S0URCE AND APPLICATION OF OPERATING FUNDS n.i -7.6 L Percentage increase, or decrease ( ) Source of funds: Appropriations reahzed "Salaries and Expenses, Bureau of Customs" $100,337,000 Net transf ers nonexpenditure transactions 20,800 Reimbursements from: Agriculture quarantine program 2,506,900 Commerce export control program 1,726,000 State foreign customs assistance program 1,018,286 Reimbursable services Acts of 1911 and ,145,050 AU other sources 2,050,702 Total funds provided 123,763,138 Application of funds by program: Processing of arriving persons and cargo 101,123,687 Investigations law enforcement 13,584,736 Intemal audit 1,015,052 Executive directions 7,888,323 Total funds applied 123,611,798 Withdrawn appropriation balance 151,340 Refunds: Excessive duties and similar refunds ,571 Drawback payments 40,224,499 Total ,070 $128, ,672 2, , ,393 17,216,275 5, , 738, , , , , ,719,812 18, ,989,947 40, ,078,

65 STATISTICAL APPENDIX 57 TABLE 15. Postal receipts and expenditures, fiscal years Year Postal revolving fund as reported to the Treasury by the Post Office Department Postal revenues Postal expenditures i Extraordinary expenditures as reported under act of June 9,1930 Other Surplus, or deficit ( ) Advances Surplus from the revenue Treasury to paid into the cover postal Treasury 2 deficiencies $659,819, ,121, ,633, ,947, ,484, ,463, ,171, ,631, , ,795, ,343, ,201, ,634, ,956, ,948, ,827, ,817, ,227, ,112,877, ,314,240, , , , ,971, ,671,851, ,677,486, ,776,816, ,947, ,091,714, ,263, ,336,667, , , , ,583,459, ,061, ,343, , ,260, ,869,713, ,393,516, ,663, " 5, , , , ,273,101, " ,151,078 $679,792, ,628, ,755, ,408,764 $39,669, ,030,368 48,047, ,482,265 53,304, ,418,111 61,691, ,314,969 66,623, ,143,871 69,537, ,066,001 68,585, ,074,398 51, ,228,506 42,799, ,645, , , ,331, ,401,694 68,837,470 73,916, ,343, ,639, ,198, ,246,983 92,198,225 96,222, ,118, ,960, ,895, , ,445,741 (0 Q) {->) (0 (8) (8) (8) (8) (8) (8) (8) (8) (8) (8) (8) (8) (8) 778,108, ,040, ,191, ,345,968 1,028, ,253,406,696 1,412,600, , ,029, ,102,988,758 2,236,603,513 2, 659, ,676,386,760 2, ,698 2,882,291,063 3,065,126,065 3,267,452, ,821,959,408 4,347,945,979 4,343, , ,971,215,682 6,467,205,453 5,926,862,604 6,467,613,482 6,793,911,210 6,362,768,003 6,670,127,625 -$19, * $39.506,490-31,506,201 27,263,191-32,121,096 32,080,202-86,461,176 94,699,744-98,215,987 91,714, ,066, ,643, ,650, ,876, ,374, ,380,192-44, ,003,296-65,807,951 63,970, ,038,862-46,614,732 41,896,945-43,811,556 44,258,861-38,691,863 41,237,263-40,784,239 40,870,336-24,117,812 30,064,048-14,139,037 18,308, ,909 14,620,875 43,891,556 $1,000, ,999, ,138, ,102, , ,081, ,572, ,657, ,000, ,787, ,834, ,213, ,470, , ,462, ,514, ,582, ,169, , ,000, ,412, , , ,999, ,299, ,261, ,079, ,311, ,536, ,602, , ,750, ,886, ,184, ,616, ,229, ,984, ,989, ,176, ,739, , ,693, ,698, , ,642, ,090, ,196, ,236-1,141,185,501 1,174,402, ,616,167 1, , ,333,700 1,133,664,184-1,510,023,453 1,735,039,917 1 From 1927 to date includes salary deductions paid to and deposited for credit to the retirement.fund. 2. On basis of warrants-issued adjusted to basis of daily Treasury statements through Advances tb the Postmaster General to meet estimated deficiencies in postal revenues, reduced by repayments from prior year advances. Excludes auowances for offsets of extraordinary expenditures or the cost of free mauings. Figures are on basis of warrants-issued adjusted to basis of daily Treasury statements through 1953, and thereafter on basis of the central accounts of the U.S. Government maintained by the Treasury Department. * Excludes $10,472,289 transferred to the civu service rethement and disabuity fund on account of salary deductions. 6 Repayment of unexpended portion of prior years* advances. 6 Transactions for are on the basis of cash receipts and expenditures as reported by the Post Offlce Department. Reports of the Postmaster General are on a modffied accrual basis. 7 See letter of the Postmaster General in exhibits in annual reports prior to Under the act of May 27,1958 (72 Stat. 143), the Postmaster General is no longer required to certify the estimated amounts of postage that would have been couected on certain free or reduced-rate mailings. NOTE. For figures from see annual report for 1946, p. 419.

66 REPORT OF THE SECRETARY OF THE TREASURY TABLE 16. Seigniorage on coin and silver bullion, January 1, 1935-June 30, 1970 Total seigmorage Potential seigniorage on coin (silver, on suver bullion, Fiscal year clad, and minor) and other raetals and on suver at cost in TreasurbuUion revalued er's account, end of fiscal year i Jan June 30, 1964, cumulative $2,408,931, $7, ,996, , ,051, ,734, ,037, ,141, ,844, ,170, ,000, ,217, N.A. Jan. 1,1935-June 30, 1970, cumulative 4,918,995, Not cumulative, as coinage metals held by the Treasurer of the United States changes, the potential seigniorage changes. Potential seigniorage also changes depending on the denoraination of the coins manufactured. 2 Represents potential seigniorage as of June 30, N.A. Not available. Federal Debt I. Outstanding TABLE 17. Federal securities outstanding, fiscal years [Public debt securities on basis of daily Treasury statements; agency securities on basis of administrative accounts and reports] Fiscal year PubUc debt Agency Total Federal securities i securities 2 securities 1954 $271,259,599,108 $963,466,000 $272,223,065, , ,933,494, ,750,813,649 1,753,860, ,504,664, ,527,171,896 2,893,571, ,420,743, ,343,217,746 3,967,532, ,310,750, ,705,907,078 5,040,084, ,745, ,760,848 6, , , ,610 6,477,251, ,448,189, , ,721 7,927,356, ,128,179, ,859,632,996 8,123,100, ,982,733, ,712,899,257 8,631,287, ,344,186, ,273,898,984 9,335,416, ,609,315, ,907,087,795 13,376,757, ,283,845, ,220,937, ,676,264, ,578, ,399,459, ,977,865, ,720,253, ,052, , ,918, , ,428,409,505 1 Includes certain securities not subject to statutory limitation. For amounts subject to limitation, see table For content see table 24.

67 STATISTICAL APPENDIX 59 TABLE 18. Federal securities held by the public, fiscal years [On basis of "Monthly Statenient of Receipts and Expenditures of the United States Government"] Fiscal year Federal securities i Investments of Government accounts Deduct Special notes ^ Held by the public Total Per capita _ $272,223,065,108 $46,312,717,525 $1,411,000,000 $224,499,347,583 $1, ,494,339 47,750,891, ,000, ,615,602,364 1, ,504,664,349 50,536,857,948 1,742,000, ,806,401 1, ,258 52,931,326,786 1, , ,416,472 1, , ,329, ,000, ,363,338,768 1, ,745,991,938 52,763,955,039 1,979, ,002,786,899 1, ,100,313,785 53,685,505, , , , ,189, , ,553,652, ,603,935,157 1, ,128,179,540 54,917,698,638 2,837,304, ,373,176,502 1, ,982,733,188 56,345,474,329 3,175,956, ,461,302,259 1, ,344,186,351 59,209,859, ,261, ,553,065,891 1, ,609,315,023 61,540,352,558 3,455,000, ,613,962,465 1, ,283,845,061 64,783,929,484 3,809,500, ,690,415,577 1, ,676,264,466 * 73,819,395,745 3,328,000, ,528,868,721 1, ,977,865,715 * 79,139,566, ,000, ,629,298,865 1, , * 87, , ,000, ,483,009,885 1, ,428,409,605 97,723,153, ,000, , ^ 1, p Preliminary. 1 For content see table Represents noninterest-bearing public debt secmities issued to the International Monetary Fund and international lending organizations. 3 Based on the Bmeau of the Census estimated population. Through 1958 the estimated population is for the conterminous United States, exclusive of Alaska, Hawaii, and the outlying areas, such as Puerto Rico, Guam, and the Virgin Islands. Beginning with 1959 the estimates include Alaska and, with 1960, HawaU. * For content see table )

68 REPORT OF THE SECRETARY OF THE TREASURY TABLE 19. Principal of the public, debt, fiscal years [On basis of Pubhc Debt accounts from 1790 through 1915, and on basis of daily Treasmy statements frora 1916 to date, see "Bases of Tables" and Note] Date Total gross Date Total gross pubhc debt public debt Date Total gross pubhc debt Deceraber Deceraber $75,463, ,227, ,368, ,427, ,747, ,762, ,064, ,228, ,408, ,976, ,038, ,712, ,054, ,427, ,312, ,723, ,218, ,... 65,196, ,023, ,173, ,005, ,209,738 Deceraber 31 $55.962,828 81,487,846 99,833, , 334, ,491, ,466, ,529, , 015,566 89, 987,428 93,646, ,875,877 June 30 90, 269, , 788,433 81,054,060 73,987,357 67,476, ,421,414 48,665,407 39,123,192 24,322,235 7, on, $4, 760,082 37, , , ,124 10, ,573,344 5, 250,876 13,594,481 20, 201, , 742, ,925,303 15,550, ,826, ,044,862 63,061,859 63, ,304, ,199,342 June 30 Interestbearing i Matured debt ( Dn which interest has ceased Debt bearing no interest Total gross pubhc debt 3 Gross debt per capita , , , 1878, , Footnotes at end of table; $59,642, ,044,517 35,418,001 31,805,180 28,503,377 44,743,256 58,333,156 64,683,256 90,423, ,356, ,834,255 1,360, ,217,709,407 2,322,116,330 2,238,954,794 2,191,326, ,495,065 2,035,881,095 1,920,696,750 1,800,794,100 1, ,950 1,724, ,300 1,696,685,450 1,697,888,500 1,780,735,650 1,887,716,110 1,709,993, ,567,750 1,449,810, ,229,150 1, ,850 1,182,150,950 1,132,014,100 1,007,692, ,522, ,853, ,313, ,529, ,029, ,037, ,041, ,202, ,363, ,365, ,367,470 1,046,048,750 1,023,478, ,141,040 $162, , , , , , , ,125, 230, , , 629 2,129,425 4,435,865 1, 739,108 1,246,334 5,112,034 3, 569, 664 1,948, , ,929,460 3,216,340 11,425,570 3,902,170 16, 648,610 5, 594, , , 621,205 6, , 555 7,831,165 19, 655,955 4,100, 745 9, 704,195 6,114, ,845 1, 911,235 1, , 614, 705 2,785,875 2, 094, 060 1,851,240 1, , 636,890 1,346,880 1, ,300 1,176,320 1,415,620 $i58,59i, ,437, , 090, ,211, ,474, ,873, ,503, ,002, ,406, ,270, ,796, , ,174, ,258, ,222, , ,181, ,294, ,994, , ,898, , 087, ,299, , 941, , , 613, , 705, ,267, ,662, ,403, ,300, ,004, , 989, ,728, ,081, ,112, ,433, ,761, ,015,585 $59,804,661 42,243,765 35,588,499 31,974,081 28,701,375 44,913,424 58,498,381 64,843,831 90, 582, ,177,955 1,119,773,681 1,815,830, ,929,012 2,755,763, ,168, ,446, no, 590 2,436,453,269 2,322,052,141 2,209,990,838 2,151,210,345 2,159,932,730 2,156,276, 649 2,130,845,778 2,107,759,903 2,159,418,315 2,298,912,643 2,090,908,872 2,019,285,728 1,856,915, ,958,918 1,625,307,444 1, 578, 551,169 1,555,659, 550 1,465,485,294 1,384,631,656 1,249, ,122,396, ,806, ,218, , 431,766 1,016,897,817 1,096,913, ,350 1,226,793,713 1,232,743,063 1,436,700, 704 1,263,416,913 1,221,572,245 $2.'

69 STATISTICAL APPENDIX 61 TABLE 19. Principal of the public debt, fiscal years Continued June 30 Matured debt Interest- onwhich Debt bearing Total gross Grossdebt bearing 1 interest has no interest public debt 3 per capita 2 ceased 1902 $931,070,340 $1,280,860 $245,680, _ 914,641,410 1,205, ,659, , ,970, ,130, ,158,340 1,370, ,828, ,140 1,128, ,235, ,834,280 1,086, ,257, ,503,990 4,130, ,056, ,490 2,883, ,114, ,317,490 2,124, ,497, ,353,190 1,879, ,751, ,776,770 1,760, ,301, ,706,610 1,659, ,681, ,953,310 1,552, ,729, _ 969,759,090 1,507, ,997, ,562,590 1,473, ,109, ,712,549,477 14,232, ,836, ,197,507, ,242, ,475, ,236,947,172 11,176, ,382, ,062,500,285 6,745, ,075, ,738,900,085 10,688, ,862, ,710,338,105 25,250, ,792, ,007,043,612 98,738, ,924, ,981,242,042 30,278, ,292, ,210,906,915 30,258, ,027, ,383,770,860 13,359, ,085, ,252,664,666 14,718, ,523, , ,182 45,335, ,263, ,941,379 50,749, ,397, ,921,892,350 31,716, ,700, ,519,588,640 51,819, ,873, ,161,273,640 60,079, ,649, ,157,643,120 65,911, ,118, ,480,487,870 54,266, ,386, _. 27,645,241, ,662, ,989, ,988,790, ,363, ,389, ,800,109, , ,974, ,575,925, ,362, ,451, ,885,969, ,283, ,279, ,376,495, ,591, ,443, ,387,399, ,999, ,044, ,968,418,098 98, ,727, ,380,305, ,500,090 1,175,284, ,543,355, ,851,160 1,259,180, ,356,615, ,667,135 2,056,904, ,110,872, ,406, ,820, ,113,412, ,913,536 2,942,057, ,063,348, ,751,730 1,949,146, ,761,636, ,757,458 1,763,965, ,209,353, ,770,705 1,883,228, ,851,765, ,046,600 1,858,164, ,862,861, ,692,165 1,823,625, ,946,017, ,420,570 1,826,623, ,909,766, ,184,655 1, , ,741,267, ,601,480 2,044,353, ,883, ,051,697 2,201,693, ,485,562, , ,512,367, , , ,324,889 1,048,332, ,833,362, ,465,003 2,396,089,647 I ,241,182, ,608,630 2,644,969, ,671,608, ,355,209 2,949,974, ,442,000, ,627,514 3,321,194, , ,415,540 3,595,486, ,356,561, ,293,165 4,061,044, ,112,816, ,259,861 3,868,822, ,431,054, ,673,987 4,168,358, ,285,952, ,262,674 3,650,722, ,400,507, ,982,180 2,923,916, ,729,445, ,746,130 1,530,062, ,025,522, ,990,460 1,527,194,456 $1,178, 031, , 405, , 259, , 357, , 622, , 178, , 690,403 i; 148, 315,372 1,146, 939,969 1,153, 984,937 1,193, 838,605 1,193, ,188, 235,400 1,191, 264,068 1,225, 145,568 2,975, 618,686 12,455, 225,365 25,484, 506,160 24,299, 321,467 23,977, 450,553 22,963, 381,708 22,349, 707,365 21,250, 812,989 20,516, 193,888 19,643, 216,315 18,511, 906,932 17, 604, 293,201 16,931, 088,484 16,185, 309,831 16,801, 281,492 19,487, 002,444 22,538, 672,560 27,053, 141,414 28,700, 892,625 33,778, 543,494 36,424, 613,732 37,164, 740, ,439, 532,411 42,967, 531,038 48,961, 443,536 72,422, 445, ,696, 090, ,003, 387, , 682, 187, ,422, 099, ,286, 383, ,292, 246, ,770, 359, ,357, 352, ,221, 976, ,105, 178, ,071, 061, ,259, 599, , 374, 222, ,750, 813, ,527, 171, ,343, ,705, 907, ,330, 760, ,970, 938, ,200, 822, ,859, 632, ,712, 899, ,273, 898, ,907, 087, ,220, 937, ,578, 406, ,720, 253, ,918, 706,960 $ L99 n , , , , , , , , , , , , , , , , , , , , , , , , , , V V Prelirainary. 1 Exclusive of bonds issued to the Pacific rauroads (acts of 1862,1864, and 1878), since statutory provision was made to secure the Treasury against both principal and interest, and the Navy pension fund, wbich was not a debt as principal and interest were the property of the United States. The Stateraent ofthe Public Debt included the rauroad bonds frora issuance and the Navy fund frora Sept. 1, 1866, through June 30, Based on the Bureau of the Census estimated population. Through 1958 the estimated population is for the conterminous United States. Beginning with 1959 the estimates include Alaska, and with 1960, HawaU. 3 Includes certain securities not subject to statutory limitation. Public debt includes debt incurred to finance expenditures of wholly owned Government corporations and other business-type activities in exchange for which securities of the corporations and activities were issued to the Treasury (see Table 105). NOTE. From , the fiscal year ended Dec. 31. Detailed figures for are not available on a basis comparable with those of later years. For bases prior to 1916, see the 1963 annual report p. 497, Note.

70 REPORT OF THE SECRETARY OF THE TREASURY TABLE 20. Investment holdings of Government accounts in Federal securities, June 30, [Amounts represent pubhc debt securities unless stated otherwise. Par value. In thousands of dollars. On basis of "Monthly Statement of Receipts and Expenditures of the United States Government." see "Bases of Tables"] Agency Library of Congress: Library of Congress trust fund, investment account The judiciary: Judicial survivors annuity fund 4,132 4,725 5,511 Funds appropriated to the President: Overseas Private Investment Corporation 30,750 Agriculture Department: Farmers Horae Adrainistration, State rural rehabilitation funds Commodity Credit Corporation: Agency securities: Defense faraily housing mortgages 82,054 76,245 70,954 Consumer and Marketing Service: Milk market orders assessment fund 2,119 2,735 3,730 Comraerce Department: Federal ship mortgage insurance fund, revolving fund 5,091 7,172 14,385 War risk insurance revolving fund 3,999 4,313 4,646 Gifts and bequests Defense Department: Army D epartment:. Bequest of Maj. (Jen. Fred C. Ainsworth General gift fund Navy Department: Office of Naval Records and History fund U.S. Naval Academy museum fund U.S.Naval Acaderay general glftfund Navy general gift fund Air Force Department: General gift fund Health. Education, and Welfare Department: Federal old-age and survivors insurance trust fund 22,743,265 25,508,118 29,461,403 Participation certificates 410, , ,000 Agency securities: Federal National Mortgage Association debentures i 96,500 Federal disability insurance trust fund 2,206,433 3,357,389 4,749,855 Participation certificates 11.5, ,000 65,000 Agency securities: FcderalNational Mortgage Association debentures i 30,000 Federal hospital insurance trust fund 1,258,764 1,889,940 2,583,322 Participation certificates 70,000 70,000 70,000 Agency securities: Federal National Mortgage Association debentures i.. 41,500 Federal suppleraentar3'^ medical insurance trust fund 281, ,971 13,417 Office of Education: Student loan insurance fund Public Health Service unconditional gift fund PublicHealth Service conditional gift fund St. Ehzabeths Hospital unconditional gift fund Patients'benefit fund. Public Health Service hospitals Housing and Urban Developraent Departnient: Federal Housing Adrainistration: Revolving fund 688, , ,809 Participation certificates Agency securities: Federal Housing Adrainistration debentures 2 75,702 72,933 69,795 Defense family housing raortgages 7,726 7,445 7,153 Community disposal operations fund Agency securities: Federal Housing Administration debentures Government National Mortgage Association: Management and liquidating functions: Agency securities: Defense family housing mortgages 59,323 57,172 55,037 Special assistance functions: Agency securities: Federal Housing Administration debentures 203 Defense faraily housing mortgages 121, , ,592 Participation sales fund 508,109 1,008, ,297 Agency secmities: Banks for cooperatives debentures 3 43,810 Federal intermediate credit bank debentmes* 55,365 Tennessee Valley Authority 63,295 29,500 Federal Insmance Administration: National insmance development fund 32,024 60,000 Lowrent pubhc housing fund 3,000 Footnotes at end of table.

71 STATISTICAL APPENDIX 63 TABLE 20. Investment holdings of Government accounts in Federal securities, June 30, Continued [In thousands of dollars] Agency Interior Department: Indian tribal funds 24,245 19, ,290 Participation certificates 1,000 1,000 Preservation of birthplace of Abrahara Lincoln Bequest of George C. Edgeter. relief of indigent American Indians National Park trust fund 757 Funds contributed for the advancement of the Indian Race, Bureau of Indian Affairs Labor Department: Unemployment trust fund 11,061, ,353 12,787,888 Participation certificates 355, , ,000 Agency securities: Federal National Mortgage Association debentures i 146,500 Relief and rehabihtation, Workmen's Compensation Act within the District of Columbia State Department: Foreign service retirement and disability fund 41,860 47, Conditional gift fund Transpor tationd epartment: Highway trust fund 978,324 1,512,735 2, Coast Guard general gift fund Coast Guard Cadet fund 24 Treasury Departraent: Exchange StabUization Fund ,400 Agency securities: Federal National Mortgage Association debentures i 25,000 Pershing HaU Meraorial fund Office of the Coraptroller of the Currency 12, ,246 Participation certfficates.. 2,000 2,000 Esther CatteU Schraitt gift fund General Services Administration: National Archives gift fund 1,565 1,625 1,374 National Archives trust fund Veterans' Administration: Veterans'reopened hisurance fund ,422 Veterans' special term insurance fund 214, , ,872 National service life insmance fund - 5,855,749 5,753,653 5,915,145 Participation certfficates , ,000 Agency securities: Federal National Mortgage Asssociation debentures i... 67,500 Government life insurance fund.. 876, , ,743 General post fund, national homes 1,070 1,756 1,430 Civil Service Commission: CivU service retheraent and disability fund 17,900,806 19,724,923 21,517,490 Participation certificates , ,000 Agency secmities: Federal National Mortgage Association debentures i 96,500 Eraployees health benefits fund 99, ,600 93,199 Eraployees'life insurance fund.. 495, , ,753 Retired eraployees health benefits fund 3,820 1, Farm Credit Administration: Banks for cooperatives 56,781 Federal intermediate credit banks 137,008 Agency securities: Loans to banks for cooperatives 3 10, 500 Federal Deposit Insurance Corporation ,632 4,153,287 4,480,946 Federal Home Loan Bank Board: Federal Savings and Loan Insurance Corporation 1,900,244 2,116,030 2,288,853 Participation certfficates 88, , ,550 Agency securities: Federal NationalMortgage Association debentures i_ 4,000 Railroad Retireraent Board: Railroad retireraent holding account 5,169 2,254 1,923 Railroad retirement account 4,075,317 4,219,020 4,524,438 Railroad retirement supplemental account 15,261 5,228 17,671 Participation certificates 210, , ,000 Agency securities: Federal NationalMortgage Association debentures i 71,500 Tax Court of the United States: Tax court judges survivors annuity fund Tennessee Valley Authority 16,000 Small Business Administration: Lease guarantees revolving fund 510 1,170 Total 79,139,567 87, ,723,154 Footnotes at end of table.

72 REPORT OF THE SECRETARY OF THE TREASURY TABLE 20. Investment holdings of Government accounts in Federal securities, June 30, Continued [In thousands of dollars] Agency MEMORANDUM Investments hi securities of privately owned Governraent-sponsored enterprises: Included in the loan account: Civil Service retireraent and disability fund 594,600 Indian tribal funds._ 5,355 Federal Savings and Loan Insurance Corporation (acquired securities) 12,830 Milk market orders assessraent fund 173 Participation sales fund Raihoad retheraent account Total 292, , 560 5,355 13,003 Not applied to current j'^ear's surplus or deficit: Civil service retireraent and disability fund 86,500 20,000 Federalold-age and survivors insurance trustfund 86,500 20,000 Federal hospital insurance trust fund 41,500 Federal disabuity msurance trust fund 20,000 20,000 Federal Savhigs and Loan Insurance Corporation 4,000 4,000 Participation sales fund 17,705 Raihoad rethement account 61, ,000 Unemployment trust fund 86,500 20,000 Veterans'life insurance trustfunds 67,500 Total 471, ,000 1 Effective Sept. 30, 1968, Federal National Mortgage Association was converted to private ownership (12 U.S.C. 1716b), and is included in the "Memorandura" on this table. 2 Held by rautual mortgage insurance fund. sthese banks were converted to private ownership effective Dec. 31, 1968, by an act approved Oct. 17, 1968 (12 U.S.C. 1134e). * These banks were converted to private ownership eflective Dec. 31, 1968, by an act approved Oct. 17, 1968 (12 U.S.C. 1061(a)(1)).

73 STATISTICAL APPENDIX 65 TABLE 21. Debt subject to statutory limitation, outstanding June 30, [On basis of daily Treasury statements] June 30 Public debt subject to Ihnitation i Debt of U.S. Government agencies and District of Colurabia subject to limitation 2 Interestbearing Matured Total Debt subject to limitation $37,690,052, ,123,336, , ,369,140, ,454,185, , ,401,896, ,468,110, ,000,437, ,632,630, ,537,402, ,461,032, ,469,663, ,863, ,870,706, ,287,327, ,081,184, , , ,287,454, _ 285,925,122, ,621,647, ,767,548, ,491,889, ,351,181, ,990,533, ,640,673, ,571, ,084,483, ,287,837,088 $5,497, 556,555 6,359, 619,105 4, 548, 529,255 4,091, 686,621 1, 515, 638, , 091, , 671,984 83, 212,285 68, 768,043 23, 862,383 17, 077,809 27, 364,069 44, 092,646 50, 881,686 80, 415,386 43, 257,786 73, 100, , 434, , 565,250 no, 429, , 305, , 694, , 688, , 489, , 272, , , 460, 611, 474, ,700 3,818, 220,100 3,847, 040,000 3,136, 645,950 $31, 514,100 10,633,475 19,730,375 8,256, ,430, ,066,525 9, 712,875 6,307,900 4,692,775 3,413,025 2,425,225 1,863,100 1,472,700 1,191,075 1,026, , , , , , , , ,425 1,120, ,725 1,425,550 1,073, , , , ,625 $5, 529,070,655 6,370,252, 580 4,568,259,630 4,099,943, 046 1,623,069, ,158, ,384,859 89, 520,185 73,460,818 27,275,408 19,503,034 29,227,169 45,565,346 52,072,761 81,441,386 44,142,961 73,888, ,137, ,220, ,019, ,841, ,215, ,218, ,610, ,991, , ,547, ,196,075 3,818, 586,900 3,847,392,150 3,136,989, 575 $43,219, 123,375 49,493, 588,731 74,154, 457, ,469, 083, ,077, 255, , 670, 763, ,932, 355, ,491, 416, , 541, 571, ,027, 712, ,652, 133, ,566, 629, ,506, 598, ,521, 736, , 790, 304, ,914, 849, ,361, 216, ,188, 322, ,013, 439, ,398, 474, , 964, ,861, 862, , , , , 173, , 860, ,102, 220, ,471, 121, , , , 931, 623, , 826, Includes debt incurred to finance expenditures of Govemment corporations and other agencies in exchange for which securities of the corporations and activities were issued to the Treasury (see table 105). 2 Held outside the Treasury. 3 A supimary of legislation on debt limitation under the Second Liberty Bond Act, as amended, from Sept. 24,1917, through June 30,1967, is shown in table 31. Securities held outside the Treasury are included in the limitation beginning Apr. 3, In computing statutory debt limitation, savhigs bonds are carried at maturity value from their origin in 1935 until June 26, 1946; from that date they are carried at current redemption value.

74 TABLE 22. Public debt outstanding by classification, June 30, [In milhons of dollars. On basis of daily Treasury stateraents, see "Bases of Tables"] O Class Interest-bearing: Pubhc issues: Marketable: Treasury bills: Regular weekly 25,903 Tax anticipation Other... 7,512 Certfficates of indebtedness (regular) 17,650 Treasury notes 51,483 Treasury bonds 81,247 Panaraa Canal bonds ,914 1,503 8,307 13,338 56,257 32, 225 1,802. 8,009 13,547 65,464 75, ,729 39,730 43,659 42,922 45,827 9,501 22,169 52,145 81, , ,284 88,461 10, ,008 1,652 52, , , ,432 12,708 'is.'oos' 5,610 49,108 71,073 97,418 91,079 68,356 78, , ,489 62,956 O?d o Total marketable issues 183, , , , , , , , ,599 Nonraarketable: Certfficates of indebtedness: Foreign currency series Foreign series Treasury certificates., Depositary bonds. Treasury bonds: Foreign currency series Foreign series Investment series REA series 4% Treasury bonds Treasury bonds Treasury notes: Foreign currency series Foreign series. U.S. savings notes, U.S. retirement plan bonds U.S. savings bonds 47, , ,892 7, , , , ,608 8, ,236 9, , (*) 48, , , , ,002 13,465 * , ,626 12, ,101 11, , ,457 10, , ,192 9, , i61, ,332 2, ,213 51,712 51,711 51,281 Total nonmarketable issues 54,497 53,481 63,431 53,645 54,240 55,768 55, ,282 58,833 60,103 Total public issues , , , , , , , , , , ,702 Special issues: Civil service retirement fund: Certfficates Notes Bonds Employees' hfe insurance fund Exchange Stabilization Fund certfficates Export-Import Bank of Washington certfficates , Ui \^ Q ^ > O ffl > Ui d

75 Federal Deposit Insmance Corporation notes Federal disability insurance trust fund: Certificates Notes ,051 3,443 Bonds... 1,474 1,801 1,967 2,076 1,901 1, Federal home loan banks: Certfficates : Federal hospital insurance trust fund: Certfficates Notes 733 1,176 1,259 1,890 2,583 Federal Housing Administration notes: Apartment unit insmance fund 1 1 (*) (*) Armed services housing mortgage insurance fund. (*) Experimental housing insurance fund ,1. Housing insurance fund Housing investment insurance fund (*) (*) (*) (*) (*) (*). -. Mutual mortgage insm'ance fund National defense housing insurance fund. 1 (*) (*) (*) (*) (*) Section 203 home improvement account I l l 1 Ui Section 220 home improvement account I l l 1.. H^ Section 220 housing insurance fund > Section 221 housing insm'ance fund f^ Servicemen's mortgage insurance fund j/j Title I housing insurance fund. l l l l l 1 f-3 Title I insm-ance fund Jz< War housing insurance fund ^ Federal old-age and survivors insm'ance trust fund: {H Certfficates ^ Notes 2,428 1, ,032 2,820 5,316 7,638 10,402 15,139 > Bonds... 13,716 14,372 13,737 14,221 14,201 14,088 11,584 11,584 11,584 11,584 10,800 hj Federal Savings and Loan Insurance Corporation: ^ Certfficates H Notes ^ Federal supplementary medical insurance trust fund:. O Certfficates \-\ Notes y^ Foreign service retirement fund certfficates Government life.insurance fund:... Certfficates 1 7 Notes Bonds Highway trust fund certfficates ,513 2,602 National service life insurance fund: Certfficates Notes... 1,547 1, ,203 1,752 Bonds ,248 4,591 5,021 5,319 6,775 6,873 5,486 5,138 4,937 4,551 4,164 Postal Savings System notes.. 26 RaUroad retirement account: Certfficates Notes 3, ,316 2, ,220 1,553 2,387 Bonds...- 2,164 2,465 2,465 2,280 2,063 1,874 1,344 Railroad retirement holding account certificates '^ Footnotes at end of table; ^

76 GO TABLE 22. Public debt outstanding hy classification, June 30, Continued ^ Class Interest-bearing Contmued Special issues Continued Railroad rethement supplementary account certificates Unemplojrment trust fund certificates Veterans' special term insurance fund certiflcates Veterans'reopened insm-ance fund 6, , , , , , , , , , , f-3 0 t^ Total special issues-. 44,899 45,043 44,939 44,801 46, ,650 51,120 66,155 59,526 66,790 76,323 Total mterest-bearing debt. Matured debt on which interest has ceased.. Debt bearing no interest: Special notes of the United States: International Monetary Fund series International Development Association series Inter-American Development Bank series Special bonds of the United States: U.N. Children's Fnnd Series., U.N. Special Fund Series U.N./FAO World Food Program Series.. Mortgage Guaranty Insurance Company tax and loss bonds. _. U.S. savings staraps i^ Excess profits tax refund bonds. U.S. notes (less gold reserve through 1967) is Deposits for retirement of national bank and Federai Reserve banknotes Other debt bearing no interest Total debt bearing no interest Total gross public debt , , , , , , , , , , , , , , , , , no 58 4, , , , , , , , , , , , , , , ,209 4" , , , " , , , is , ,919 ^ w 0 \fl W H HB W ^ a ^

77 * Less than $500, DoUar equivalent of certfficates issued and payable in the amount of 46,500,000,000 Italian lire. 2 Dollar equivalent of certfficates issued and payable in the amount of 110,000,000 Swiss francs. 3 DoUar equivalent of certfficates issued and payable in the amount of 130,000,000 Swiss francs. * DoUar equivalent of certfficates issued and payable in the amount of 800,000,000 Deutsche marks and 727,000,000 Swiss francs. 6 DoUar equivalent of certificates issued and payable in the amount of 800,000,000 Deutsche marks, 885,000,000 Swiss francs, and 650,000,000 Austrian schiuings. 8 DoUar equivalent of certfficates issued and payable in the amount of 440,000,000 Swiss francs. I DoUar equivalent of certfficates issued and payable in the amount of 1,685,000,000 Swiss francs. 8 Dollar equivalent of certfficates issued and payable in the amount of 645,000,000 Swiss francs. 8 DoUar equivalent of Treasury bonds issued and payable in the amount of 124,050,000,000 Italian Ihe, 647,000,000 Swiss francs, 800,000,000 Deutsche marks, 650,000,- 000 Austrian schiuings, and 1,500,000,000 Belgian francs. 10 DoUar equivalent of Treasury bonds issued and payable in the amount of 1,057,000,- 000 Swiss francs, 1,900,000,000.Deutsche marks, 1,300,000,000 Austrian schillings, and 1,500,000,000 Belgian francs. II Dollar equivalent of Treasury bonds issued and payable in the amount of 1,412,000,- 000 Swiss francs,2, 700,000,000 Deutsche marks, 2,600,000,000 Austrian schiuings, and 1,500,000,000 Belgian francs. 12 DoUar equivalent of Treasury bonds issued and payable in the amouut of 685,000,000 Swiss francs, 800,000,000 Deutsche marks, 1,960,000,000 Austrian schilungs, 1,600,000,000 Belgian francs, and 78,000,000,000 Italian lire. 13 DoUar equivalent of Treasury notes issued and payable in the amount of 687,000,000 Swiss francs, 600,000,000 Deutsche marks, 650,000,000 Austrian schulings, and 78,000,000,- 000 Italian lire. 1* DoUar equivalent of Treasury notes issued and payable in the amount of 1,217,- 000,000 Swiss francs, 700,000,000 Deutsche marks, 650,000,000 Austrian schiuings, 3,000,- 000,000 Belgian francs, and 78,000,000,000 Itahan Ihre. 16 DoUar equivalent of Treasury notes issued and payable in the amount of 1,627,- 000,000 Swiss francs, 5,300,000,000 Deutsche marks, 1,300,000,000 Austrian schillings, and 140,500,000,000 Italian Ihre. 16 DoUar equivalent of Treasury notes issued and payable in the amount of 2,331,000,- 000 Swiss francs, and 2,500, Deutsche marks. 17 On Oct. 1,1942. they replaced postal savings stamps which had been Postal Savings System's obligations. 18 Gold reserves requhements eliminated pursuant to Public Law , approved Mar. 18, Includes $95,656,198 of old series cmrency which by authority of the Old Series Currency Adjustment Act, approved June 30,1961 (31 U.S.C ), was transferred to debt bearing no interest. 20 Includes certain securities not subject to statutory limitation. Includes public debt incurred to finance expenditures of whouy owned Govermnent corporations and other business-type activities in exchange for which secm-ities of the corporations and activities were issued to the Treasury; see table 105. NOTE. For comparable data for , see the 1943 annual report, page 664; for , see 1954 annual report, page 472; and for , see 1965 annual report, page 557. Composition of the public debt , is shown in the 1947 annual report, p For reconcuiation with public debt accounts for 1970, see table 26. Ui Ui y^ h-i O > CO

78 o o o TABLE 23. Securities issued hy Government agencies subject to statutory debt limitation, June 30, [Face amount, in thousands of dollars. On basis of dauy Treasury statements, see " Bases of Tables"] Q fel Issuing agency ^ _ : fd UNMATURED DEBT O Districtof Columbia Armory Board stadium bonds ,800 19,800 19,800 19,800 19,800 19,800 19,800 19,800 19,800 19,800 hrj Federal Housing Administration debentures: Mutual mortgage insurance fund 11,411 25, , , , , ,402 73,658 43,643 26,154 14,753 i^ Cooperative management housing insurance fund - _ 1,636 7,524 15,496 15,523 15,641 jn^ General insurance fund: H General insurance 142, , , , ,770 Armed services housing mortgage insurance fund 19,368 62,420 47,277 16,001 5,691 2,576 1,714 1, i^ Housing insurance fund. 9,232 23,406 35,299 63,445 89,942 76,723 57,583 49,173 43,552 40,570 34,165 ^ National defense housing insurance fund 71,737 75,393 92,551 98,124 79,354 71,965 46,400 29,090 27,272 24,228 21,048 fej Section 203 horae iraproveraent account 2 6 (*) > Section 220 housing insurance fund ,360 27,647 23,514 19,672 19,672 19,672 19,672 19,672 CQ Section 221 housing insurance fund 217 4,780 23,353 36,558 55,836 31, ,191 12,118 11,635 11,568 d Servicemen's mortgage hisurance fund 680 1,673 12,609 22,746 31,111 22,886 19,858 15,416 12,709 11,110 9,884 W^ Title I housing insurance fund H War housing insurance fund 25,762 26,647 17,385 10,869 3,720 6,970 5,381 4,339 3,788 2, Total unmatured debt 139, , , , , , , , , , ,646 fel g

79 MATURED DEBTI Federal Farm Mortgage Corporation _ Federal Housing Administration Home Owners' Loan Coi-poration Total matured debt Total 2. _ 139, , , , , , , , , , , , , ,990 * Less than $ Funds are on deposit with the Treasurer of the United States for payment of these securities. 2 Consists of prhiclpal only. NOTE. For figmes for see 1958 annual report, p. 474; and for 1959, see 1969 annual report, pp. 70 and 71. For secmities held by the Treasury, see table 105. CO i Ui % % fej

80 TABLE 24. Interest-hearing securities issued hy Federal agencies, fiscal years [In thousands of dollars. On basis of "Monthly Statement of Receipts and Expenditures of the United States Government"] Agriculture Department Fiscal year or month Total Commodity Credit Corporation Defense Department Family housing mortgages and homeowners assistance mortgages Housing and Urban Development Department Government National Mortgage Association i Participation sales fund Other Federal National Mortgage Association 2 Secondary market operations Federal Housing Adminstration Export- Import Bank of the United States Other independent agencies Farm Credit Administration Banks for Federal cooperatives 3 intermediate credit banks 3 O fel hj o o fej , , ,659, , , , ,893, , , ,967, , , ,040, 085 1, , ,769, 553 1,571, , , , , , ,129, , , ,268, , ,238, , ,335, 416 2,182, , ,376, 757 2,111, , ,455, 327 2,035, , ,399, 459 1,951, , ,249, 053 1,863, , ,509, 703 1,775, , July 15,572, 160 1,442,645 1,863, ,084 August 14,743, ,386 1,853, ,531 September 14,099, ,328 1,844, ,374 October. 14,052, ,135 1,838, ,985 Noveraber 13,904, ,569 1, ,7.53 December 13,819, , , January 13,755, ,973 1,810, ,749 February 12, ,009 1,804, ,031 March... 12,986, ,722 1,796, ,229 April 12,947, ,176 1,790, ,042 May 12,669, ,640 1,783, ,804 June 12,509, 703 1,775, , ,000. 2,110,000. 4,830,000. 7,900,000. 8,600,000. 7,320,000. 8,530,000. 8,565,000. 8,115,000. 8,115,000. 8,085,000. 8,060,000. 8,060,000. 7,410,000. 7,410,000. 7,390,000. 7, 390, , 320, , , , , , , ,000. 1,050,110. 1,165,185. 1,290,125. 2,284,542. 2,198,920. 2,557, 630 1, 960, 612 1, 698,902 1,797,494 3, 269, 379 4, 079,103 5,887, , ,375 M 131, ,310 S 152, ,996 ^ 192, ,495 r^ 207,480 1, fej 314,535 1,489,276 Q 344,375 1, ^ 387,000 1,753,525 fel 467,275 1,903,070 i^ 469,425 2,172,790 > 524,825 2,369,315?d 708,960 2,528,680 «! 880,850 2, , ,575 O 1,229,515 3,778,680 ^ H^ :::::::::::::::::::: ffl fej H W " fel > Ui d

81 Fiscal year or month Other independent agencies C ontinued Federal Home Loan Bank Board Tennessee Valley Authority Other Banks for cooperatives 3 Federal home loan banks Federal intermediate credit banks 3 Meraorandum Federal land banks Federal National Mortgage Association 2 District of Columbia stadium fund July August Septeraber. October November. December January February.. March April May June , , , , , , ,200 5, ,000 6, , 655 5, , 000 6, ,750 6, , 950 6, ,000 6, ,560 6, ,635 5, ,195 5, ,035 5, ,250 5, ,000 5, ,730 6, , ,328 3, , , ,740 3, 046 1, , 034 1,445,316 3,023 1, ,449,080 3, ,650 2,991 1,492,220 2,980 1,529,105 2,969 1,596, , , 946 1,614,500 2,934 1,558, ,528, , , , , , , , , , , , , ,080 4, , 506 4,942, , 990 4, 373, ,570 4,838, , ,655 4, 254, , , 370 4,180, ,095 4,226, ,335 4,379, ,735 4,486, , ,104 4,804, , ,340 1,007,559 1,060,742 1,321,674 1,551,862 1,646,821 1,888,473 2,138, ,358,413 19,800 Ui 2,550, H 2,725,204 19,800 > 2.973,526 19,800 g 3,532,441 19,800 5Q 4,105,926 19,800 1^ 4,611,970 19,800 J:^ 5,319, g 5,719,697 8,076,480 19,800 w 6,191,803 13,165,225 19,800 5,875,285 8,092,435 19,800 > 5.870,915 8,360,000 19,800 i^j 5,946, ,175 19,800 hj 5,959,290 9,756,455 19,800 fel 6,953,345 10,205, Izj 5,952,458 10,511,286 19,800 O 5,955,442 10,717,450 19,800 M 6,073,850 11,659,710 19,800 1^ 6,039,824 12,227,310 19,800 6,137,274 12,411,326 19,800 6,125,716 12,606,050 19,800 6,191,803 13,166,225 19,800 NOTE. Includes umedeemed matured securities outstandhlg on which interest has ceased. 1 This association was created eflective Sept. 30, 1968, by an act approved Aug. 1, 1968 (12 U.S.C. 1716b). It assumed the assets and liabilities of the participation sales fund, the management and liquidating functions fund, and the special assistance functions fund formerly of the Federal National Mortgage Association and continues to operate these funds. 2 Eflective Sept. 30, 1968, Federal National Mortgage Association was converted to private ownership pmsuant to an act approved Aug. 1, 1968 (12 U.S.C. 1716b). 8 Effective Dec. 31, 1968, banks for cooperatives and Federal intermediate credit banks were converted to private ownership pursuant to an act approved Oct. 17,1968 (12 U.S.C. 1061(a)(1)). CO

82 REPORT OF THE SECRETARY OF THE TREASURY TABLE 25.- Maturity distrihution and average length of marketable interest-bearing puhlic debt,^ June 30, [Dollar amounts in miuions. On basis of dauy Treasury statements] Fiscal year Within lyear Ito 6 years 6 to 10 years 10 to 15 years 15 to 20 years 20 years and over Total Average length Years Months By call classes (due or first becoming callable) 1946 $62,091 $35,057 $32,847 $16,012 $21,227 $22,372 $189, ,442 42,622 18,932 13,326 27,076 14, , ,870 46,124 10,464 12,407 41, , ,302 39,175 15,067 13,715 34, , ,448 61, ,281 25, , ,860 31,022 16,012 21,226 8, , ,944 29,434 13,321 20,114 6, , ,017 30,162 13,018 26,546 1, , ,291 38,407 27,113 19,937 1, ,354 4 : ,152 46,399 42,755 11,371 3, , ,910 36,942 40,363 8,387 4, , ,697 41,497 26,673 6,488 4, , ,050 39,401 45, ,258 6, , ,678 68,256 28,075 1,276 2,256 6, , ,182 81,296 14,173 1,123 2,484 5, , ,855 70,760 18,391 1,123 3,125 8, , , ,759 18,655 1,641 4,956 13, , ,202 68,580 20,522 4,304 4,525 13, , ,272 66, ,048 4,524 15, , ,792 51,377 33,053 4,192 3,040 17, , ,951 55,010 28,922 6,097 1,125 17, , ,837 69,824 21,006 6,087 1,121 16, , ,220 52,657 33, ,180 12, , ,921 55,759 37,610 4,505 6,720 10, , ,293 85,065 17, ,395 5, , By maturity classes $61,974 $24,763 $41,807 $8,707 $8,754 $43,599 $189, ,211: ,009 5,588 41, , ,742 21,630 32,264 14,111 2,118 41, , ,130 32,562 16,746 14,111 8,710 34, ,338 61,292 7,792 10,289 17,746 25, , ,908 46,526 8,707 8,754 21,226 8, , ,367 47,814 13,933 5,586 20,114 6, , ,270 36,161 15,651 2,117 26,546 1, , ,866 27,615 8,696 19,937 1, , ,703 39,107 34,253 17,242 11,371 3, , ,714 34,401 28,908 20,192 8,387 4, , ,952 40, ,919 6,488 4, , ,782 42,557 21,476 26, , , ,958 58,304 17,052 20, , , ,467 72,844 20,246 11, , , ,120 58,400 26,435 8,706 1,527 10, , ,442 57,041 26,049 6,957 3,362 15, , ,294 58,026 37,385 2,244 6,115 14, , ,424 65,453 34,929 2,244 6,110 16, , ,637 56,198 39,169 2,609 5,841 17, , ,136 60,933 33,596 4,518 3,922 17, , ,648 71,424 24,378 4,514 3,912 16, , ,407 64,470 30,754 6,078 2,330 16, , ,910 62,770 34,837 6,063 2,311 16, , ,530 89,015 15,882 5,745 4,780 11, , Includes public debt Incurred to finance expenditures of wholly owned Government corporations and other business-type activities in exchange for which securities of the corporations and activities were issued to the Treasury. 2 All issues are classified to final maturity except partially tax-exempt bonds which have been classified to earliest call date. The last of these bonds were caued on Aug. 14, 1962, for redemption on Dec. 15,1962.

83 STATISTICAL APPENDIX 75 TABLE 26. Summary of the public debt on an accounting basis, June 30, 1970 Classification Computed rate of interest i Amount outstanding on basis of dauy Treasury statement Transactions in transit as of June 30, Amount outstanding on basis of pubhc debt accounts PUBLIC DEBT INTEREST-BEARING DEBT Pubhc issues: Marketable: Treasury bills: Percent Regular weekly $56,472,090,000 Regular monthly ,698,000 Tax anticipation. 2 g ,755,200,000. Treasury notes ,489,233,000 Treasury bonds ,955,985,150 Subtotal ,599,206,150 Nonmarketable: Certificate of indebtedness: Foreign series Foreign currency series Treasury notes: Foreign series Foreign currency series Treasury bonds, foreign series Treasury bonds Treasury certificates. U.S. savingsbonds.. U.S. savings notes U.S. retirement plan bonds Depositary bonds Treasury bonds, REA series Treasury bonds, investment series. Subtotal Total pubhc issues.. Special Issues: CivU service retirement fund Employees life insurance fund Federal Deposit Insm-ance Corp Federal disabuity insurance trust fund Federal home loan banks Federal hospital insurance trust fund Federal old-age and survivors insurance trustfund Federal Savings and Loan Insurance Corp. Federal supplementary medical insurance trustfund Foreign service retirement fund Government life insurance fund Highway trust fund. National service life insurance fund Railroad retirement account. Raihoad retheraent holding account Raihoad retirement suppleraental account Unemployraent trust fund.. Veterans' reopened insurance fund Veterans' special tei-ra insurance fund Subtotal Total interest-bearing debt Matured debt on which interest has ceased. DEBT BEARING NO INTEREST International Monetary Fund.. Other ,017, ,759, 759 2,374,029,164 1,215,859,379 53, 929, ,000, ,357,175 51,280, 955, , 556, ,279,630 25,244,000 14,655,000 2,386, 582,000 60,103,224, ,702,431,033 18,879,787,000 60,000,000 73,941,000 4,434,860, ,000,000 2, 583,322,000 25,939,355, ,181, ,417, ,024, ,743,000. 2,601,737,000. 5,915,145,000. 3,731, 752,000. 1,923, ,671, ,519,939, ,422, ,872, ,323,091, ,025,522,033 $120,000 $56,472,210, ,000 17, 923,828,000 1,758,200,000 11, 500,000 93, 600,733,000-8,778,300 62,947,206,850 2,971, ,602,177, , ,075, ,000-27,595,052-24,623, ,990,460-45, 235, ,000, ,194, , ,017, ,759,759 2,374,029,164 1,215,859,379 53,929,534 75,000, , 357,175 51,280,640, ,480,749 39,137,456 25,244,000 14,655,000 2,386,520,000 60,075,629, , 677,807,682 18,879,787,000 60,000,000 73,941,000 4,434,860, ,000,000 2, 583,322,000 25,939,355,000 80,181,000 13,417,000 51,024, ,743,000 2,601,737,000 5, 915,145,000 3,731,752,000 1, 923,000 17,671,000 10, 519,939, ,422, ,872,000 76,323,091,000-24,623, , 000,898, ,755, ,000, ,350,650 Total gross publicdebt ,706,950-70,702, ,848,004,491 1 On dauy Treasury stateraent basis. 2 Included in debt outstanding at face araount, but the annual interest rate is computed on the discount value

84 REPORT OF THE SECRETARY OF THE TREASURY TABLE 27. Public debt securities outstanding on an accounting basis, June 30, [On basis of dauy Treasury statements and pubhc debt accounts] PubUshed in Transactions Fiscal year daily Treasury in transit Total statements as of June $271,259,599,108 $37,518,610 $271,222,080, ,374,222,803-15,973, ,358,249, ,813,649-22,425, ,388, ,527,171,896-34,337, ,492,834, ,343,217,746-52,446, ,290,771, ,705,907,078-27,383, ,678,523, ,330,760,848-63,068, ,267,691, ,970,938,610-25,332, ,945,606, ,200,8.2,721-63,942, ,136,880, ,859,632,996-31,542, ,828,090, ,712,899,257-35,361, ,677,537, ,273,898,984-58,427, ,215,471, ,907,087,795-55,857, ,851,229, ,220,937,795-39,691, ,181,246, ,578,406,426-45,074, ,533,331, ,720,253, ,530, ,543,723, ,918,706,950-70,702, ,848,004,491

85 Ti^BLE 28. Description of public debt issues outstanding June 30, 1970 [On basis of Public Debt accounts, see "Bases of Tables"] Description Date When redeemable or payable i Interest payment date Average price received (per $100) Amount issued Amount rethed Amount outstanding 2 INTEREST-BEARING DEBT «Public Issues Marketable: Treasury bius: Series maturing and approximate yield to maturity (%): 3 e Regular weekly: [ July 2, 1970 \ [ July L ( [ July \ [ [ July 23, 1970 \ July \ Regular monthly: f July 31, 1970 I Regular weekly: [ Aug. 6, 1970 \ [ [ Aug. 13, ^ [ [ Aug. 20, :."^ [ Aug. 27, ^ [ Footnotes at end of table. Jan. 2, Apr. 2, Jan. 8, Apr. 9, Jan. 16, Apr Jan Apr. 23,1970. Jan. 29, Apr. 30,1970 July 31, Oct. 31,1969. Feb. 5, May 7, Feb May 14, Feb. 19, May 21, Feb. 26, May 28, July 2, July 9, July July 23, July July 31, Aug. 6, Aug. 13, Aug. 20, Aug. 27, Sold at a discount; payable at par on maturity. $95,927 {ifehange Cash {grehange Cash {g^sange Cash {g^sa^,ge: Cash {grcsange Cash {Exchang'e.' 94 ^507 I Cash y4.ou/ {Exchange {gfehange Cash {g^sange Cash 8«-5«^ {Efchange Cash 5««* {gfcsali-o: Cash 426, , ,800, 270, , 666, , 694, ,801, 980, ,000, , 348, ,802, , 544, , 653, ,802, 700, , 938, , 457, , 200, ,023, ] 351,040, , ,622, ,987, ,632. ; ,800,730,, J 897,950, ,714, ,802, J ] 302,600, } 1,789,770, J 949, 547, ] 351,228, > 1,801, J $ , , 007, , 897, , 595, ,702, , , ,694, ,987,355, , , Ui H-t Ui J I O > % fel "^

86 TABLE 28. Description of public debt issues outstanding June 30, 1970 Continued GO Description Date When redeemable or payable i Interest payment date Average price received (per $100) Amount issued Amount retired Araount outstanding 2 INTEREST-BEARING DEBT a Continued Public Issues Continued Marketable Continued Treasury bills: Series maturing and approximate yield to matmity (%):3 e_con. Regular monthly: [ Aug. 31,1969. Aug. 31, ^ Aug. 31, Dec. 1, Regular weekly: [ Mar. 5, Sept. 3, 1970 { [ June 4, 1970 ysept. 3, ] Sept. 10, ^-5 ^-. Mar. 12, June 11, 1970 Sept. 17, Mar. 19, June 18, 1970 \o^..q.q-q }^ P^- ^"' ^^^0" )g,,7 IQ^Q ]^^^^- ^^' ^^^"-- Tax anticipation: Sept. 22, Mar. 26, Sept. 22, Regular weekly: Sept. 24, ( Mar. 26, 1970 \o^ Regular monthly: June 25, 1970 S^^"^^- ^' "^970.. [ Sept. 30, 1969 l Sept. 30, g-Qj;'."Dec. 31, 1969 Sept. 30, Regular weekly: Oct. 1, Oct.8, Oct. 16, Oct. 22, Oct.29, Regular monthly: [ Oct. 31, 1970 Wjii' Apr. 2, Oct. 1, Apr. 9, 1970 Oct. 8, Apr. 16, Oct. 15, Apr. 23, Oct. 22,1970. Apr. 30, Oct. 29,1970. Oct. 31, Feb. 2, Oct. 31, old at a discount; payable at par on matmity. $92, (Cash (Exchange (Cash 1 Exchange Cash Cash Cash Cash Cash (Cash (Exchange. Cash (Cash (Exchange. Cash Cash Cash Cash Cash Cash Cash. Cash (Cash (Exchange. (Cash (Exchange. $864,451, ] 336, \ $1,701,192, , j 326;928;Z 1-- 3,102,590, ,800,910, ) 1,301,270,000.00) 3,104,310, ,803, 040, j 1,303,370, ) 3,105,940, ,802,570, } 1,758,200, ,758,200, };I2?;??2;Z:S} - MOM^.OOO.OO 685,412, ] 319,852, I 1,605,392, ,396, ( 116,732, J ,304,990, ,304,990, ,300,850, ,300,850, ,302,550, ,302,550, ,301,230, ,301,230, ,170, I 310,367, I. 1,504,368, , f. '. 200, J fel O o fel W fel Ui fel o fti fel > K o fel W fel > Ui d

87 Regular weekly: Nov. 5, May 7, Nov. 5, 1970 Nov. 12, May 14, Nov. 12,1970 No\. 19, May 21, Nov. 19,1970. Nov. 27, May 28, Nov. 27,1970 Regular monthly: [ Nov.30, Nov. 30, INOV.30, '9"5V.' Mar. 2, Regular weekly:. Dec. 3, June 4, Dec. 3, Dec. 10, June 11, Dec. 10, 1970 Dec. 17, June 18, Dec. 17, 1970 Dec. 24, June 25, Dec. 24,1970 Regular monthly: ( Dec. 31, Dec. 31, pec. 31, 1970 [ 6. ioi. Mar. 31, j Jan. 31, Jan [jan. 31, Apr. 30, J Feb. 28, Feb [Feb. 28, 1971 I Junel, 1970 Mar. 31, ( Mar. 31, JMar. 31, June 30, Apr Apr. 30, Apr. 30, 1971 May 31, May 31, May 31, 1971 June June 30, June 30,1971 Total Tre asury biu 3 my notes:^ 5% Series A-1970 (effective Feb. 15, Nov. 16, 1970 rate %). Subtotal. May 15-Nov Sold at a discount; payable f at par on \ maturity Cash Cash Cash Cash. (Cash (Exchange. (Cash (Exchange. Cash. Cash Cash Cash (Cash (Exchange. Cash (Cash (Exchange. Cash (Cash (Exchange. Cash Cash Cash Cash Cash...:.. Cash. Exchange at par... Exchange at Exchange at Exchange at Exchange at M% Series D-1970 (effective May 15, 1969 Aug. 16,1970 Feb. 15-Aug Exchange at rate %). 5k% Series A-1971 (effective Aug. 15, 1966 May 15,1971. May 15-Nov. 15. Exchange at par.. rate %). Exchange at Exchange at Exchange at Subtotal. 1,301,030, ,301,030, ,301,680, ,301,680, ,303,530, ,303,530, ,300,780, ,300,780, , 732, ] 275,467, ,273, ,717, [ 150,357, J 1,306,400, ,306,400, ,302,860, ,302,860, ,302,670, ,302,670, ,302,570, ,302,570, , 037, ] 252, } 1,502,463, ,400, J 2 669,865,000.00] g , } 1,503,356, j 500,310, j M 941, 591, ] 2 258,556, \ 1,700,107, H 499,960, O 1,201,060,000.00) 1,701,620, > 500, 560, j tt" 1,200,150, ,200, ,200,170, ,200,170, > 1,201,430, ,201,430, ^ ,238, ,154,238, S 2,839,566, ,230,048, ,054, ,624,688, , ,675,487, $1, , , ,329, ,388, , , ,352, , ,140, , , ,265,031, Footnotes at end of table. CO

88 TABLE 28. Description of puhlic debt issues outstanding June 30, 1970 Continued ^ INTEREST-BEARING DEBT a Continued Description Date When redeeraable Interest payraent Average price Amount issued Amount retired Amount or payable i date received (per $100) outstanding 2 PubUc Issues Continued ^ CD Marketable Continued O Treasury notes: f Continued ^ 5^% Series B-1971 Nov. 15, 1966 Nov. 15, 1971 May 15-Nov Par $1,667,779, UJ Exchange at par.. 66,338, O Subtotal ,734,117, $1,734,117, fel 5H% Series C-1971 (effective Aug. 30,1967 Feb. 15, 1971 Feb. 15-Aug ,508,556, ,508,556, ^ rate %) W 7M% Series D-1971 (effec- Aug. 15, do do Exchange at ,923,633, ,923,633, fel tive rate %). 8% Series E-1971 (effective Oct. 1, May 15, May 15-Nov Exchange at par.. 4,176,493, ,176,493, Ui rate %). S 8K% Series F-1971 (effec- Feb. 15, 1970 Aug. 15, 1971 Feb. 15-Aug. 15 do 2,254,620, ,254,520, Q tive rate %). 2 7M% Series G-1971 (effec- May 15,1970 Nov. 15,1971 May 15-Nov ,714,243, ,714,243, g tive rate %). S 4M% Series A-1972 (effec- Feb. 15, Feb. 15, 1972 Feb. 15-Aug ,777,471, g tive rate %). Exchange at ,158, ^ Subtotal ,005,629, ,005,629, Q 43^% Series B-1972 (effective May 15, 1967 May 15,1972 May 16-Nov Exchange at par.. 3,506,342, ^^47494%^) Exchange at , J '' Exchange at ,233, hj Exchange at ,698, H Exchange at ,135, Subtotal - 5,310,014, ,310,014, ^ 7M% Series A-1973 (effec- Oct. 1, May 15,1973 May 15-Nov Exchange at par.. 5,868,201, ,858,201, > tive rate %). CO 8>g% Series B-1973 (effective Feb. 15, Aug. 16, 1973 Feb. 15-Aug. 15 do 1,845, ,846,649, CJ rate %). ^ 5%% Series A Nov. 15, 1967 Nov. 15,1974 May 15-Nov Par 1.506,510, >< u/4/o^«ea. Exchange at par.. 2,474,668, Subtotal ,981,078, ,981,078, o frj

89 65^% Series B-1974 (effective Aug. 16, 1968 Aug. 15,1974 Feb. 16-Aug ,414,039, rate %). Exchange at ,869,883, Subtotal 10,283,922, ,283,922, ^% Series A-1976 (effective Feb. 15, 1968 Feb. 15, Feb. 15-Aug Exchange at par , rate %). Exchange at ,225, Exchange at ,439, Exchange at ,137, Exchangeat ,348, Subtotal _ 6,148,443, ,148,443, % Series B-1975_. May 15, 1968 May 15,1975 May 15-Nov Exchange at par. _ 6,769,985, ,759,985, ^% Series A-1976 (effective Feb. 15, 1969 Feb. 15,1976. Feb. 15-Aug Exchange at ,738,758, ,738,768, rate %) 63?^% Series B-i976.. May 15, 1969 May 15, r.. May l&-nov Exchange at par.. 2,697,016, ,697,016, Ui 7M% Series C-1976 (effective Oct. 1,1969. Aug. 15, Feb. 15-Aug Exchange at ,682,961, ,682,961, H rate %). > 8% Series A-1977 (effective Feb. 16, 1970 Feb. 15, do... Exchange at par.. 5,168,470, ,168,470, H rate %). Ui 13>^% Series EO Oct. 1, 1965 Oct. 1, Apr. 1-Oct. 1. do 113,131, ,131, H 11^% Series EA Apr. 1, 1966 Apr. 1, 1971 do.. do 35,435, ,435, t O 1K%) Series EO Oct. 1, Oct. 1, 1971 do do 71,827, ,827, > li^% Series EA Apr. 1, 1967 Apr. 1, 1972 do do 33,951, ,961, f«1k% Series EO Oct. 1, Oct. 1, do.. do 33,217, , J^% Series EA Apr Apr do do. 33, ,750, M% Series EO-1973 Oct. 1,1968. Oct do... do 29,764, ,764, >^% Series EA-1974_ Apr. 1, 1969 Apr do... do 33, ,883, ^d 1J^% Series E Oct. 1,1969 Oct. 1, do -...do 41,702, ,702,00000 g li^% Series EA-1975 Apr. 1,1970 Apr. 1, 1975 do...do 2,480, ,480, zj U Total Treasury notes. 93,500,734, $1, ,500, tt Treasury bonds: ^ 4% of 1970 (effective rate June 20, 1963 On Aug. 15, Feb. and Aug. 15. Par... 1, , %). g Exchange at ,382, Exchange at ,679, Exchange at 98.15". 211,391, Exchange at ,389, Exchange at ,688, Subtotal 4,129,240, , ,129,236, Footnotes at end of table. ^ 00

90 (X) to TABLE 28. Description of puhlic debt issues outstanding June 30, 1970 Continued INTEREST-BEARING DEBT a Continued Description Date When redeemable Interest payment Average price Amount issued Amount retired or payable i date received (per $100) Public Issues Continued Marketable Continued Treasury bonds: f Conthiued 2y2% of June 1, 1945 On and after Dec. 15, 1970; on June 15, 2i^% of Nov. 15, On and after Dec. 15,1970; on Dec. 15, June and Dec Par $7,967,261, do do 11,688, K% of Dec.l, 1944 On Mar *.. Mar. and Sept. 15. Par.. 3,447,511, Exchange at par... 33,353, Araount outstanding 2 $6, 729, 700, $1, , ,114, 990, , 573,878, Subtotal 3,480,865, , , ,219,582, i^% of Oct.20, 1941 Onandafter Mar. and Sept. 15. Par. 2,527,073, Mar. 15,1971; Exchange at par ,971, on Sept. 15, Subtotal.. 2,716,045, , ,951,142, % of 1971 (effective rate Mar On Aug. 15, Feb. and Aug. 16. Exchange at par... 1, %). g Exchangeat ,651,369, Subtotal 2,805,626, , ,805,618, J^% of 1971 (effective rate May 16, 1962 On Nov. 16, May and Nov. 15. Exchange at e 1, %). 8 Exchange at ,473, Exchange at ,607, Exchange at ,803, Subtotal 2,760,420, , ,760,415, fel Hd O O fel fel Ui fel O fel y^ > y< o fej W fel s fel > Ui d

91 4% of 1972 Nov. 15, % of 1972 (effective rate Sept. 15, %). g On Feb. 15, Feb. and Aug Exchange at par.. 2,343,511, On Aug. 15,1972 do Exchange at ,792, Exchange at , Exchange at ,570,407, Exchange at ,021, , ,343, 509, Subtotal. 2,578,547, ,578,547, % of 1973 (effective rate Sept. 15, %). g On Aug. 15, Feb. and Aug Exchange at Exchange at Exchange at Exchange at Exchange at Exchange at ,120,883, , 528, ,366, ,079, ,541, ,437, Subtotal 3,893,834, , ,893,827, J^% of 1973 (effective rate July 22, %). g On Nov. 15,1973 <_ May and Nov Exchange at Exchange at Exchange at Exchange at Exchange at Exchange at 99.30, Exchange at Exchange at ,162, ,055, ,304, ,915, ,825, ,850, ,302,758, ,341, Subtotal ^. 4,357,210, ,418, ,345,792, H% Of 1974 (effective rate Jan. 16, %). g On Feb. 15,1974 <_ Feb. and Aug Exchange at Exchange at Exchange at Exchange at Exchange at Exchange at Exchange at Exchange at ,326, ,959, ,462, ,917, ,742, ,760, ,289, ,918, ZP I I Ui y^ H-t O > > Hd fel Subtotal 3,130,373, ,009, ,127,364, i}i% of 1974 (eflective rate May 15, %). Subtotal.- On May 15,1974 *. May and Nov Exchange at par.. 1,631, Exchange at 2.061,686, ,593,583, ,943, ,682,640, Footnotes at end of table. 00 CO

92 TABLE 28. Description of puhlic debt issues outstanding June 30, 1970 Continued ^ Description Date When redeemable Interest payment Average price Amount issued Amount retired Amount or payable i date received (per $100) outstanding 2 ^ INTEREST-BEARING DEBT» Continued 2 Public Issues Continued - :. - h d Marketable Contmued ^ Treasury bonds' Continued..... H^J 3J^% of 1974 (effective rate Dec. 2,1957 On Nov. 15,1974 «. May and Nov Par $653,811, v^ %). g Exchange at ,239, Exchange at ,421, o Exchange at ,758, fel Exchange at ,227, Exchange at par-. 250,315, H Subtotal ,244,772, $5,528, $2,239,243, fel Ui 4M% of (effective Apr.5, I960...Onandafter- May and Nov Par 469,533, g rate %).g May 16,1976; on Exchange at ,853, May 15, Exchange at , g Exchange at , g Exchange at ,642, I^ TPvr.ViQTitro Exchange at of QQ (M^ 116,733,000. lift 7SS 00 r'. Subtotal - 1,217,610, ,096, ,213,514, M:% of May 1,1953 Onandafter June and Dec Par 1,188,769, Junel6,1978; Exchange at par.. 417,314, on June 15, yq Subtotal ,606,084, ,682, ,546,401, % of 1980 (effective rate Jan. 23, 1969 On Feb. 15, Feb. and Aug ,115, j 40454%>.g Q2,0QQ.00. S Exchangeat99 196,465, ^ ' Exchange at ,346, > Exchange at ,113, ZP - - Exchange at ,341, '" d Exchange at ,994, "' W Exchange at ,040, y^ Exchange at ,695, Exchange at ,680,500. Op. Subtotal......^ :, _ 2,611,693, ,184, , , ^

93 33^% of 1980 (effective rate Oct. 3, I %).g On Nov. 15, May and Nov Exchange at par. _ Exchange at Exchange at ,406, ,034,722, ,815, Subtotal 1,915,943, , 051, , 904, 892, K% of 1985 (effective rate June 3, %). 4M% of (effective Aug. 15, rate %). g OnMay 15, MayandNov ,134,867, , , 079,860, On and after Aug. 15, 1987; on Aug. 15, Feb. and Aug ,711, Exchange at ,050, Exchange at ,959, Exchange at ,007, Exchange at ,642, Exchange at ,976, Exchange at ,356, Exchange at , 227, Exchange at ,686, Exchange at ,072, Exchange at ,957, Exchange at ,932, Exchange at , 738, Exchange at ,410, Exchange at ,199, Exchange at ,928, Subtotal... 3,817,852, % of (effective rate Jan. 17, %). 43^% of (effective rate %).g Apr. 18, On and after Feb. 16,1988; on Feb. 16, On and after May 15, 1989; on May 16, Feb. and Aug May and Nov Exchange at Exchangeat 98 Exchange at Exchange at Exchange at Exchange at ,000, ,000, ,623, ,739, ,182, , ,877, ,149, Subtotal 1,560,466, M% Of 1990 (effective rate Feb. 14, %).g On Feb. 15, Feb. and Aug Exchange at par. Exchangeat Exchange at Exchange at Exchange at Exchange at ,719, 730, ,728, ,798, , , ,275, ZP 1-3. h-t ZP y^ H-l o > > yn ^ - fel 6,868, ,811,994, ,792, , 766, , , w H-* X- Subtotal 4,917,411, , ,778, 552, Footnotes at end of table. 00 CTl

94 TABLE 28. Description of public debt issues outstanding June 30, 1970 Continued oo Description Date When redeeraable Interest payraent Average price Araount issued Amount retired Amount ca or payable i date received (per $100) outstanding 2 <j ^ ^ o INTEREST-BEARING DEBT a Continued Public Issues Continued 2 Marketable Continued ^ Treasury bondsf Continued ^ 3%ofl995 Feb. 15, 1955 On Feb Feb. and Aug. 15. Par $821,474, ^ Exchange at par..-. 1,923,642, ^ Subtotal ,745,117, $1,428,368, $1,316,748, W 3i^% of 1998 (effective rate Oct. 3,1960 On Nov. 15, May and Nov Exchange at par.. 2,523,039, : %).g Exchange at ,804, ) Exchange at ,076, ^ Exchangeat 419,513, KH g Exchangeat 333, H > H^ Subtotal , ,380, ,109,459, Kl Total Treasury bonds ,930,042, ,835, ,947,206, O fel Total raarketable issues 253,585,014, , ,602,177, T Nonmarketable: ffi Certificates of indebtedness:' fej 6.40% foreign series... Apr. 8, 1970 On 2 days'notice; July 8, 1970 Par 271, ,017, on July 8, tj 6.424% foreign series Apr. 16, 1970 On 2 days'notice; July 16, 1970.do ,000, , g on July 16, H 6.50% foreign series June 26, 1970 On 2 days'notice; July 23, do 70,000, ,000, >; on July 23, % 6.80% foreign series June 26,1970 On 2 days'notice; Sept. 11, do 100,000, ,000, g onsept. 11, ^ 6.80% foreign series... June 15,1970 On 2 days'notice; Sept. 15, do.. 150,000, ,000, on Sept W g

95 6.65% foreign series.....june 24, 1970 On 2 days' notice; Sept on Sept. 24, % foreign series... June 30, 1970 On 2 days' notice; Sept. 30, 1970 on Sept. 30, do.,.do.. 100,000, ,000, , , Total certificates, foreign series. 8.08% foreign currency series. Jan. 23, 1970 On 2 days' notice; July 23, Swiss on July 23,1970. francs % foreign currency series. Feb. 6, On 2 days' notice; Aug. 6, Swiss on Aug. 6, francs. Total certificates, foreign cm-rency series. Treasury notes:' 6.25%, foreign series. May 1, On Aug. 3, Feb. and Aug Par.: % foreign series Dec. 31,1968 On Nov. 2,1970 s.. May and Nov. 2 do 7.85% foreign series Sept. 23,1969 On Dec. 21, 1970 s. June and Dec. 21 do 7.80% foreign series Sept. 24, 1969 OnJan. 18, Jan. and July 18 do 8.00%, foreign series... Oct. 1, 1969 On Feb. 18, 1971«. Feb. and Aug. 18 do 7.35% foreign series Oct. 31, 1969 On Mar. 25, 1971 s. Mar. and Sept. 25 do 7.95% foreign series Jan. 15, 1970 On Apr. 22, Apr. and Oct. 22 do 8.10% foreign series Jan. 30, On May 20, 1971 s. May and Nov. 20 do 7.60% foreign series May 15, 1970 On May 27, 19718_ May and Nov. 27 do 7.125% foreign series Mar. 2, 1970 On June 17, JuneandDec. 17 do 7.60% foreign series May 15, On June 24, JuneandDec. 24 do 6.70% foreign series Mar.26, 1970 On July 22, Jan. and July 22.. do 6.79% foreign series Mar. 31,1970. On July 29, Jan. and July 29 do 6.84%, foreign series Apr. 9, 1970 On Aug. 26,19718_ Feb. and Aug. 26 do 7.55% foreign series June4, do.. _. do. do % foreign series Apr. 30, 1970 On Sept. 23, Mar. and Sept. 23 do 7.65% foreign series June 11, 1970 On Oct. 28, Apr. and Oct. 28 do 7.65% foreign series June 18,1970. do do do % foreign series June 25,1970 On Nov. 18, May and Nov. 18 do 5.70% foreign series June 27,1968 OnDec. 27, June and Dec. 27 do 6.00% foreign series July 1, 1968 OnJan. 2, Jan.andJuly2 do 6.00%, foreign series July 2, do do do 5.35% foreign series Sept. 9, 1968 On Mar. 9, Mar. and Sept. 9 do % foreign series Oct. 9, 1968 On Apr. 9, 1973 s.. Apr. and Oct. 9 do % foreign series Nov. 22, 1968 OnMay 22,1973 s.. May and Nov. 22 do % foreign series Dec. 24, 1968 On June 25, June and Dec. 25 do % foreign series Dec. 27,1968 On June 27, 1973 s. JuneandDec. 27.do 6.00% foreign series Dec. 31,1968 On July 2, 1973 s.. Jan. and July 2 do Total notes, foreign series. Footnotes at end of table. 961,017, , 791, ,968, , 759, ,000, , 000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, , ,000, ,000, ,000, ,000, , ,000, ,000, , ,000, , ,000, ,000, ,000, , ,382, ,970, ,017, , 791, , 968, , 759, ,000, ,029, ,000, , 000, ,000, ,000, , 000, ,000, ,000, , 000, ,000, , 000, , , 000, ,000, , 000, , 000, ,000, , 000, ,000, ,000, , 000, ,000, , 000, , 000, , , 000, ,970, ,374,029, ZP > y ^ H-l Zfi > > Hd fel I^ H-t 00

96 TABLE 28. Description of public debt issues outstanding June 30, 1970 Continued GO GO INTEREST-BEARING DEBT a Continued Description Date When redeemable Interest payraent Average price Amount issued Amount retired or payable i date received (per $100) Public Issues Continued Nonmarketable Continued Treasmy notes ' Continued 6.20% foreign cmrency series. Apr. 9, 1969 On July 9, 1970 Jan. and July Swiss $30,040, francs. 6.20% foreign currency series. Apr. 29, 1969 On July 29, 1970 s. Jan. and July Swiss 39,475, % foreign currency series. June 9, 1969 On Sept. 9, Mar. and Sept Swiss 100,857, francs. 7.70% foreign currency series. July 3, 1969 On Oct. 5, Apr. and Oct Swiss 22,414, % foreign cmrency series. July 16, On Oct. 16, 1970 s.. Apr. and Oct Smss 133,550, % foreign currency series. Sept On Jan Jan. and July Swiss ' 30,243, frjitics 7.60% foreign currency series. Nov. 18, On Feb. 18, Feb. and Aug Swiss 29,799, francs. 8.10% foreign cmrency series. Jan. 30,1970. On June 1, June and Dec Swiss 25,533, francs. 6.75% foreign cmrency series. Apr. 6, On July 6, Jan. and July Swiss 52,251, ft*9)tlcs 7.70% foreign currency series. May 6,1970 On Aug. 6, 1971 s.. Feb. and Aug Swiss 25, 595, % foreign cmrency series. May 19,1970 On Aug. 19, Feb. and Aug Swiss 27,790, irancs. 7.60% foreign cmrency series. June 11,1970 On Sept. 13, Mar. and Sept Swiss 23,193, % foreign series.8 currency July 3, 1967 On Jan. 3, Jan. and July Deutsche raarks. 135,501, % foreign series.e currency Apr. 1, 1968 On Oct. 2, Apr. and Oct Deutsche raarks. 135,501, % foreign series.o cmrency June 24, 1968 On Dec. 22, June and Dec Deutsche marks. 135, % foreign series. 10 currency Aug. 19, On Feb. 19, Feb. and Aug Deutsche marks. 134,590, % foreign currency Oct. 2, On Oct. 2, Apr. and Oct Deutsche 134,019, series 10. marks. Totalnotes, foreign cur , rency series. Amount outstanding 2 $30,040, ,475, ,857, ,414, ,550, , 243, , 799, , 533, ,251, , , 790, ,193, , 501, , 501, , 501, , ,019, , 215,859, o y^ o fel y^ ffi fel ZP fel o fel > y< o fel H9 ffi fel H^ fel > ZP d y<

97 Treasury bonds:' 4.25% foreign series 4.25% foreign series Sept. 16,1964 do On Nov. 1,1970 " On Nov. 1,1971" May and Nov Par do do.. Total bonds, foreign series. 3)^% Treasmy bonds Dec. 23,1969 On Dec. 23,1979 H June and Dec Par... 30,000, ,929, , ,929, ,000, _ y.'l nno non. 00 U.S. retirement plan bonds First day of each (compounded semiannually):"' month. 3.75%.. Jan to May Not redeemable Indeterminate Par 18,666, $3,270, , until owner attains age 59^ except in case of death or disabihty. 4.15% :. June 1966 to Dec. do do do 24,058, ,396, ,661, % Jan. 1, 1970 do do do 1,001, , , Unclassified , , ZD Total U.S. retirement 43,786, ,649, ,137, > plan bonds. H ZP Depositary bonds:' H3 2%FirstSeries Variousdates At option of U.S. June and Dec Par 354, , ,244, ^ from July or owner upon s^ 30 to 60 days' tt* notice; 12 years from issue date. Treasury bonds: ' 2 2% REA Series......Variousdates do Jan. and July 1 do 53,174, ,519, ,655, g from July 1, 2; p Treasury bonds, investment.... 2M% Series B Apr. 1,1951 Apr. 1, 1975 ex- Apr. and Oct. 1 do. 451,397, changable at Exchange at par.. 14,879,956, anytime at option of owner for marketable Treasury notes; payable on Apr. 1, Subtotal ,331,354, Total Treasury bonds, ^,...-,...^...^, ,331,354, ^ 12,944,834, ,386,520, investraent series. = Footnotes at end of table. ". > Hd M (X> CO

98 TABLE 28. Description of public debt issues outstanding June 30, 1970 Continued CO O Description Date When redeemable Interest payment Average price Amount issued Amount retired or payable i date received (per $100) Amount outstanding 2 INTEREST-BEARING DEBT a Continued Public Issues Continued Nonmarketable: Continued Treasury certificates: 6.330% certificates Apr. 1, % certificates Apr. 3, % certificates Apr. 30, % certificates- Various dates frora Jmie 15, % certificates June 30, 1970 Total Treasury certificates. U.S. savings notes, series and yield to maturity :i5 f S-1967, 4.74%, S-1968, 4.74% (Jan. to May).. S-1968, 5.00% (June to Dec). S-1969, 5.00% S-1970, 5.00% Unclassified- :... Total U.S. savings notes.. U.S. savings bonds, series and approximate yield to maturity (%).15f First day of each month. May to Dec Jan. to May June to Dec Jan. to Dec Jan. to June First day of each month. E-1941, 3.340% 19 May to Dec E-1942, 3.397% i9 Jan. to Dec E-1943, 3.460% i9 Jan. to Dec E-1944, 3.521% 19 Jan. to Dec On demand; on July 1,1970. On demand; on July 3, On demand; on July 31, On demand; on Dec. 15, On deraand; on June 30, Julyl, July 3, 1970 July 31, Dec. 15, 1970 June 30, 1971 Par do.. do.. do.. do.. After lyr.16 After 4M years $81... do. do. do do. do..do do- do do do do...do On demand at option of owner; 10 years from issue date but may be held for additional period.18 do... do....do :. - do... Sold at a discount; payable at par on matm'ity.-...do.-..do.-..do...do $2, ,618, ,289, , 315, ,178, , 728, , 554, ,108, ,215, , 527, ,286, ,421, $5,047, ,404, , 047, ,011, ,352, , 574, ,960, , (") 174, 940,304. c $2, ,618, ,289, , ,178, , 357, , 716, ,202, , 533, ,254, ,487, ,286, ,480, $75 1,891,992, ,689,012, ,979, $75 8,346,634, ,458,971, ,662, $ ,427,066, ,031,459, ,395,606, $75. 15, 667,312,23L 13 13,955,469, ,711, td fel Hd o H^ o fel ZP fel o fel H^ > Kl o fel y^ ffi fel H^ fel > ZP d Pi K

99 E-1945, 3.575% i» Jan. to Dec E-1946, 3.661% 19 Jan. to Dec E-1947, 3.719% 19 Jan. to Dec E-1948, 3.780% 19 Jan. to Dec E-1949, 3.883% 19 Jan. to Dec E-1950, 3.963% 19 Jan. to Dec E-1951, 3.735% 19 Jan. to Dec E-1952,3.570% (Jan. to Apr.). Jan. to Apr E-1952, 3.633% i9 (May to May to Dec Dec.) E-1953, 3.696% 19 Jan. to Dec E-1954, 3.782% 19. Jan. to Dec E-1955, 3.866% 19 Jan. to Dec E-1956, 4.001% Jan. to Dec E-1957, 4.080% (Jan.) Jan E-1960, 4.433% i9. Jan. to Dec E-1961, 4.506% Jan. to Dec E-1962, 4.558% i9... Jan. to Dec E-1963, 4.315% i9... Jan. to Dec E-1964, 4.173% i9 Jan. to Dec E % " (Jan to Jan. to Nov Nov.) do do do do do, do do do On demand at option of owner; 9 years, 8 months from issue date but may be held for additional period.18 do do do do do. E-1957, 4.217% i9 (Feb. to Feb. to Dec On demand at Dec). option of owner; 8 years, 11 months from issue date but may be held for additional period.18 E-1958, 4.308%, i9 Jan. to Dec E-1959,4.370% (Jan. to May). Jan. to May ^--""do"-""-"-^" E-1959, 4.380% June to Dec On demand at option of owner; 7 years, 9 months from issue date but may be held for additional period.18 do do do.. do do do..do....do....do.. -.do., -.do....do....do-....do....do....do....do-..do....do....do.,.do.....do-.-do-.do...do....do....do....do....do.....do....$75 12,322,884, ,813,311, ,509,573, $ ,595,753, ,743,761, ,992, $75 5,315,167, ,361,287, ,880, $75 5,501,234, ,432,277, ,068,956, $75 5,440,040, ,309,473, ,130,566, $76 4,758,466, ,716,060, ,042,405,541.04,$75 4,114,446, ,211,820, ,6-25, $75 1,412,342, ,101,009, ,333, $75 2,895,717, ,241,684, ,033, $75 4,926,040, $75. 5,021,949, $75 5,232,774, $75 5,056,472, $75 421,663, $ ,493, $75 4,648,758, $75 1,868,430, $75 2,488,701,495.33, $75 4,370,795, $75 4,431,820, $ ,574, $ , 778, 005, $ ,786, $75 4,127,461, , 739, 943, , 749, 331, , 856, 387, , 687, 519, , 512, ,117, 025, ,186,097, ,272, 617, , 376, 387, OOS. 49 1, 368, 952, ,151, ,224, 468, , 223, 871, ,424, 887, , 276,139, , 290, , 694, 951, , 750, , 864, 982, , 767, 307, , 578, 897, , 668, 640, , 630, 606, , 317, 301, , 505, 813, ,664,513, , 70S, 676, ,109, 365, , 026,179, , 810,160, ZP y^ > y^ >-{ ZP H9 HH O > > Hd fel!^ O CO

100 CO to TABLE 28. Description of public debt issues outstanding June 30, 1970 Continued ^ j_j. Description Date When redeeraable Interest payment Average price Amount issued Amount retired Araount fel or payable i date received (per $100) outstanding 2 y^, O INTEREST-BEARING ^ DEBT a Continued ^ Public Issues Continued fei _3. Nonmarketable Continued H' U.S. savings bonds, series and rj, approximate yield to matmity ^ (%).i5^ Continued E-1965, 4.420% (Dec.) Dec On deraand at Sold at a discount; $75... $426,250, 94L 14 $231,997, $194,253, option of owner; payable at par Q, 7 years from on maturity. H^ issue date but t=l may be held for i^. additional J> period.18 ^ E-1966, 4.449%---. Jan. to Dec do do. $75 4,905,040, ,606,591, ,298,449, H* E-1967, 4.555% Jan. to Dec 1967 do do $75 4,855, 028, 2n. 08 2,492,612, ,362,416, E-1968,4.640%(Jan.toMay). Jan. to May 1968 do do $75 1,957,651, ,191, ,007,459, O E-1968,5.035% (Juneto Dec). June to Dec 1968 do do... $75 2,648,197, , , ,371,776, fet E-1969, 4.800% (Jan. to May) Jan. to May 1969 do.do $75 1,841,838, , ,038,699, E-1969, 5.000% (June to June to Dec do do $ ,466,754, ,909, ,545,845, ^ Dec) HH E-1976, 5.000% Jan. to June do.. do $76. 1,800,972, ,519, ,512,453, fel Unclassified sales and re ,843, , ,554, demptions. ^ Total SeriesE ,276,364, ,109,687, ,166,677, g fel H-1952, 3.539% 19 June to Dec On option demand of owner; at Semiannually Par 191,480, ,752, ,728, ^ 9 years, 8 d Q months frora '^^ y< issue date.20 H-1953, 3.598% 19 Jan. to Dec do do.do 470,500, , ,299, H-1954, 3.673% 19 Jan. to Dec do do do ,689, ,410, ,279, H-1955, 3.743% 19 Jan. to Dec do - --do do ,173,084, ,309, , H-l CD <P O

101 H-1956, 3.854% 19. Jan. to Dec do do. do 893,176, ,220, ,955, H-1957, 3.920% (Jan.) Jan do...do..do 64,506, ,780, ,726, H-1957, 4.120% 19 (Feb. to Feb. to Dec On deraand at do do 567, ,924, , Dec). option of owner 10 years hora issue date.20 H-1958, 4.202% 19 Jan. to Dec 1958 do.. do do 890,252, ,274, ,978, H % (Jan. to Jan. to May do do do 356,319, ,171, ,148, May). H-1959, 4.322%, 19 (Juneto June to Dec do do..-.do 362,413, ,908, ,505, Dec) H-1960, 4.336% 19 Jan. to Dec 1960 do- do do 1,006,767, ,063, ,704, H-1961, 4.165% 19 Jan. to Dec 1961 do do do 1,041,579, ,241, ,337, H-1962, 4.064% 19. Jan. to Dec 1962 do do do 856,759, ,119, ,639, H-1963, 4.145% 19. Jan. to Dec do... do do 772,968, ,283, ,684, H-1964, 4.235% 19 Jan. to Dec 1964 do do do 671,579, ,012, ,567, H-1965, 4.326% 19 (Jan.to Jan. to Nov do do do 540,210, ,997, ,213, ZP Nov.) H H-1965, 4.570% (Dec.) Dec do do do 45, ,320, ,362, > H-1966, 4.594% Jan. to Dec 1966 do do do 635,272, ,761, ,511, H-1967, 4.664% Jan. to Dec 1967 do do do 525,961, ,424, ,537, B H-1968, 4.720% (Jan. to Jan. to May do do...do 198,965, ,494, ,471, H May). ^ H-1968, Dec.) 4.769% (June to June to Dec do.do do 231,902, ,277, ,624, ^ H-1969, 4.830%, (Jan. to Jan. to May 1969 do. do do 164,594, ,3.33, ,261, May). > H-1969, Dec) % (June to June to Dec 1969 do do do 192,455, ,558, ,897, Hrf hd H-1970, 5.000% Jan. to June 1970 do - do do 186,649, , ,348, fel Unclassified sales and re- 10,573, ,922, ,651, IzJ demptions. O Total SeriesH ,929,021, ,815,059, ,113,962, Total U.S.savings 181,205,386, ,924,746, ,280,640, bonds. = = -tz= Total nonmarketable 203,505,339,96L ,429,710, ,075,629,83L 82 issues. z=z==r==:==:===zr===z^=======z=z===^=z===i==z======= Total public issues ,090, 354, IIL ,412,546, ,677, Footnotes at end of table. CO 00

102 TABLE 28. Description of public debt issues outstanding June 30, 1970 Continued CO Description When redeemable Interest payraent Average price Araount issued Araount retired or payable i date received (per $100) Araount outstanding 2 INTEREST-BEARING DEBT a Continued Special Issues ^ Civil service retirement fund: Notes: 7^% Series ^% Series ^% Series ^% Series M% Series Bonds: 43/8% Series /8% Series H% Series ^% Series >g% Series H% Series /8% Series /8% Series H% Series ^% Series ^% Series ^%% Series ^% Series J^% Series ^% Series ^% Series ^% Series ^% Series ^% Series M% Series ^% Series M% Series ^% Series ^y% Series Redeeraable after 1 year frora issue date and payable on June 30:. June 30, June 30-Dec June30, do. June 30, do. June30, do June30, do Various dates frora June 30:.do.,.do.,.do.,.do.,.do.. -do-..do.,.do.,.do , 1978., June 30, do do do do do do do June 30, do do do do do On demand; on June 30: 1971 do.. do-..do....-do.....do.....do....do... -do....do....do....do....do..-,.do....do....do... -do, -do-.,.do....do....do....do....do....do....do... Par $2,951,729, do 2,909,257, do 1,628,319, do 1,785,656, do 1,758,171, do., -.do-..do....do-..do-..do....do....do....do....do....do....do....do....do....do....do....do....do.,.-do....do....do....do....do.-..do.. 474, , , 988, , 387, , 167, , 474, , 474, , 474, , , , , 981, , 448, , 227, , 227, , , , 643, , 976, , 976, , 976, , 976, , 976, , $2, 951, 729, , 909, 257, , 628, 319, , 785, 656, ], 758,171, , 474, ,160, , 988, , 387, ,167, ,474, , 474, , 474, ,117, ,117, , 227, , 981, ,448, , 227, , 227, , 227, , 227, , 643, , 976, , 976, , 976, , 976, , 976, , fel Hd o "^ y^ o fel ffi fel ZP fel o S3 fel H^ > Kl o fel y^ ffi fel fel > ZP d K!

103 3^% Series 1977 do do. do 746,416, ,416, ^% Series 1971 June 30, do do 69,913, ,913, ^% Series do do do 685,440, $508,575, ,865, ^% Series 1971 Variousdates 1971 do.do 615,527, ,527, frora June 30, ^% Series 1975 do 1975.do...do 616,527, ,488, ,039, Eraployees life insurance fund: 7.13% Series 1970 June Julyl, July 1,1970 do... 60,000, ,000, Federal Deposit Insurance Corporation: Certificates: 7.13% Series Variousdates do do do 76,941, ,000, ,941, from June 1, Federal disability insurance trust Redeeraable after ZP fund: 1 year from H date of issue ^ and payable on {l^ Notes: June 30: ZP 7^% Series 1977 June 30, June 30-Dec Par.. 1,394,466, , >^ 63^% Series 1976 June 30, do do 1,151,608, ,151,608, ^ 5^% Series 1975 June 30, do... do 583,612, ,612, > 4J^% Series 1971 June 30, do. do 158,195, ,709, ,486, tr* 4M% Series 1974 June30, do do 309,178, ,178, Bond: On deraand; on > June 30: Hd 43^% Series 1979 Variousdates 1979 do.do 153,632, ,632, ^ frora June 30, g ; 43/g% Series 1980 do 1980 do..do 125,606, ,606, O 3K% Series 1978 June30, do do. 153,632, ,632, Q 3M% Series 1974 Variousdates 1974 do.do 20,738, ,738, ^ from June 30, ^% Series 1975 do 1975 do. do 20,738, ,738, ^% Series 1976 do do...do- 153,632, ,632, ^% Series do do..do 153,632, ,632, ^% Series 1974 Variousdates 1974.do....do 132,894, ,888, ,006, from June 30, ^% Series 1975 do do..do ,894, ,894, Federal home loan banks: 7.13% Series 1970 Variousdates July 1, 1970 July 1, do 257,000, ,000, ,000, from June 1, Footnotes at end of table. -^

104 TABLE 28. Description of public debt issues outstanding June 30, 1970 Continued CO Description Date When redeeraable Interest payment Average price Amount issued Amount rethed Araount or payable i date received (per $100) outstanding 2 ^ CO INTEREST-BEARING o DEBT a Continued Special Issues^ Continued ^ Redeemable after H^ Federal hospital insurance trust 1 year frora O fund: issue date; pay- W Notes: able on June 30: H 7^% Series 1977 June 30, June 30-Dec. 31 Par... $919,358, $919,358, ^% Series 1976 June30, do....do 729,200, ,200, O 5M% Series 1975 June30, do.. do ,529, ,529, ^ 4^% Series June30, do... do 46,131, $22,075, ,056, , 4M% Series do do...do 415,179, ,179, Federal old-age and survivors' hi- ffi surance ti-ust fund: fej Notes: 7^% Series 1977 June 30, do do.. 5,033,296, ,033,296, ^% Series 1976 June 30, do do 3,844,864, ,844,864, S 5^% Series 1975 June 30, do do 2,460,795, ,460,795, HK 47^% Series June 30, do do 1,080,011, ,080,011, w 4M% Series June 30, do do... 2,720,279, ,720,279, ^ Bonds: On demand; on -... >^ June 30: w 41^% Series Variousdates 1978 do... do 421,567, , K* from June 30, O 43/^% Series 1979 do do. do 1,080,011, ,080,011, fel 4H% Series 1980 do 1980 do... do 1,080,011, ,080,011, J^%o Series June 30, do...do.. 1,080,011, ,080,011, y^ 2>y&% Series do 1978 do. do 658,444, ,444, ffi 3M% Series June 30, do... do 160,077, ,077, H 33^% Series do 1976 do. do. 1,080,011, ,080,011, ^% Series 1971 Variousdates 1971 do do.. 1,133,000, ,989, ,080,011, H^ frora June 30, Sl fel 2H% Series do do do 1,133,000, ,989, ,080,011, > 25^% Series do 1973 do do... 1,133,000, ,989, ,080,011, ^ 2^%) Series 1974 do do do 1,133,000, ,989, ,080,011, d 2^% Series do 1975 do do 919,934, ,934, g Federal Savings and Loan Insurance ^ Corporation: Certificates: 7.13%, Series 1970 Variousdates July 1,1970 July 1, do 104,381, ,200, ,181, from June 1, 1970.

105 Federal supplementary medical insurance trust fund: Notes: 7^% Series 1977 June 30, M% Series June 30,1969. Foreign service retirement fund: Notes: Redeemable after 1 year from date of issue and payable on June 30: Redeemable after 1 year from date of issue and payable on June 30: 7^% Series 1977 June 30, ^% Series 1976 June 30, %, Series 1971 Apr. 30, % Series 1972 do % Series 1973 do % Series do % Series 1975 do : On demand; on Bonds: June 30: 4% Series 1976 do % Series 1977 do % Series 1978 do % Series do % Series 1980 do % Series 1981 do % Series do % Series 1983 do.. Government life insurance fund: Notes: 73^%, Series 1977 June 30, % Series 1976 June 30,1969., 5M% Series 1975 June 30, H% Series 1971 June 30,1966. Bonds: 43^% Series 1978 June 30, ^% Series do 3^% Series 1971 June 30, ^% Series do ^% Series 1973 do M% Series 1974 do ZH% Series 1975 do ^^% Series 1976 Variousdates 1976 from June 30, Footnotes at end of table Redeemable after 1 year from issue date and payable on June 30: On demand; on June 30: June 30-Dec. 31. do... June 30-Dec. 31. do do do... do.. dodo...do...do.-.-do.....do...-do..-do do.-..-do.-.do., -do.,.do....do...do.,.do.,.do.,.do.,.do.,.do.,.do-.do...do..do. Par do. do. dodo. do. do. do.. do-. do-. do-. do-. do-. do.. do. -do. -do..do...do. do.. do.. do.. do-. do.. do.. do. do. 2,855, ,206, , 644, ,721, ,082, ,017, ,017, ,017, ,017, ,017, ,017, ,017, ,017, ,017, ,017, ,017, ,017, ,017, ,964, , , ,986, ,556, ,912, , , , , ,770, ,971, ,855, , , 721, , , ,017, ,017, ,017, ,017, ,017, ,017, ,017, ,017, ooo. 00 3,017, ,017, ,017, ,017, ,964, ,638, ,365, ,986, , 556, ,912, , , , , ,770, ,971, ZP H^ H-l ZP H^ HH O > Hd fel CO

106 TABLE 28. Description of puhlic debt issues outstanding June 30, 1970 Continued CO 00 Description Date When redeemable Interest payment Average price Amount issued Amount rethed or payable» date m-i^,-s^. received (per $100) Amount outstanding 2 INTEREST-BEARING DEBT a Continued Special Issues ^ Continued Govemment life insurance fund Continued Bonds Continued Various dates from June ^% Series do 35^% Series 1978 do... 33^% Series 1971 Various dates from Feb. 1, >^% Series 1972 do 33^% Series 1973 do 3^% Series 1974 do 33^% Series 1976 do 33^% Series 1977 do Highway trust fund: Certificates: 6% Series 1971 June 30, National service hfe insurance fund: Notes: 73^% Series 1977 June 30, H% Series 1976 June 30, ^% Series 1975 June 30, ^% Series 1971 June 30,1966. Bonds: 43^% Series 1981 June 30, SH% Series 1971 June 30, I ^% Series 1972 do 3^% Series 1973 do... 3^% Series 1974 do 3^% Series do... 3^% Series 1971 Various dates from June 30, , Redeemable after 1 year from date of issue and payable on June 30: On demand; on June 30: June 30-Dec. 31 do do..do., -do., -do....do...do...do.. -do.,.do.,.do., -do.. do do do do do do do Par... do...do.. -do.,.do.,.do.,.do.,.do....do....do., -do.,.do.. $23,807, ,214, ,100, 000,00 73, ,100, ,100, ,799, ,963, do 2,601,737, do do do... do do do do 669,007, , ,697, ,480, ,462, ,873, ,873, ,873, ,873, ,873, , 946, $1, 282, $23,807, , 214, ,818, ,100, ,100, ,100, , 799, ,963, ,601, 737, ,007, ,419, ,697, ,480, ,452, ,873, ,873, , 873, ,873, ,873, , 946, fel Hd O y^ o fel fel ZP fel a fel > Kj o fel y^ ffi fel 1^ td fel > ZP d y<

107 3^%, Series do 1972 do do 6, ,946, ^% Series do do do 6,946, ,946, ^% Series 1974 do 1974 '...do...! do 6,946, ,946, Z%% Series 1975 do do do 6,946, ,946, ^% Series 1976 do do do 6,946, ,946, ^% Series 1977 do 1977 do... do 7,612, ,512, ^% Series 1978 do do... do 95,560, ,560, ^% Series 1979 do 1979.do do 393, , ^% Series 1980 do 1980 do do 393,819, ,819, On demand; on June 30: 3^%o Series 1978 June 30, June 30-Dec. 31 do 298, ,259, ^% Series 1976 June 30, do do.. 43,724, , ^% Series 1977 do do do 386,307, ,307, /g% Series June 30, do do.. 343,149, ,149, % Series 1971 Feb. 1, do do ,000, ,000, % Series 1972 do 1972 do do 379,000, ,000, % Series 1973 do do do 379,000, ,000, % Series do do do.. 379, ,000, g Redeemable after 1 year from date 2 of issue and \-i payable on ZP June 30: g RaUroad Notes retirement account: Q 7M% Series 1977 June 30, do. do.. 847,447, ,447, tr" > 63^% Series 1976 June 30, do do. 647,948, ,948, ^% Series June30, do do. 482,623, ,623, > 4^% Series 1974 June 30, do do 416,402, ,113, ,289, ^ On demand; on J3 June 30: "^ fel Bonds:,Seriesl974. Variousdates 1974 do do 23,110, ,110, g from June 30, KA "^ 41^% Series do do do 23,110, ,110, ^% Series 1976 do do.do 23,110, ,110, ^% Series 1977 do 1977 do do 23,110, ,110, ^% Series do 1978 do. do. 23,110, ,110, H% Series 1979 do do do 208,201, ,201, ^% Series do do do 208,201, ,201, % Series Oct. 5, do do 185,091, ,962, ,129, % Series 1975 do do do 185,091, ,091, % Series do do do 185,091, ,091, % Series 1977.do do. do 185,091, ,091, % Series do 1978 do do 185,091, ,091, Railroad rethement holding account: 7^% Series 1971 June30, do do 1,923, , Footnotes at end of table. QQ CO

108 TABLE 28. Description of public debt issues outstanding June 30, 1970 Continued O Description Date When redeemable Interest payment Average price or payable i date received (per $100) Amount issued Amount retired Amount outstanding 2 INTEREST-BEARING DEBT ' Continued Special Issues ^ Continued Railroad retirement supplemental account: Certificates: 7h% Series 1971 June 30, Uneraployment ti-ust fund: Certificates: 5M% Series do Veterans' reopened insurance fund: Certificates: 7M% Series 1971 do Niotes* 7^% Series do 7^% Series 1973 do 75^% Series do 7^% Series 1975 do 75^% Series 1976 do 7^% Series 1977 do 6M% Series 1971 June 30, i^% Series do 6^% Series 1973 do 6i^% Series 1974 do -. 6^% Series 1975 do 6j^% Series 1976 do Veterans' special term insurance fund: Certificates: 4k% Series 1971 June June 30-Dec 31 Par $17,671, $17,671, do. do do 10,519, ,939, do do do 4,960, '. 4,960, Redeemable after 1 year from issue date and payable on June 30: On demand; on June 30: 1971 Redeemable after 1 year from issue date and payable on June 30:..do..do..do..do..do..do -do..do..do..do..do -do -do-..do...do -do -.do --do. -do -do -do...do-..do- -do -do --do 4,960, ,960, , ,960, ,960, ,346, ,386, ,386, ,386, ,386, ,386, ,386, ,477, ,960, ,960, ,960, ,960, ,960, ,346, ,386, ,386, , ,386, ,386, ,386, ,477. fel Hd O y ^ O fel ffi fel i o S3 fel Ki o fel ffi fel H3 td fel > ZP d td K

109 Notes: 4M%) Series do 1972.do do. 3, , k% Series do 1973.do.do , /%, Series do 1974.do do. 3,473, ,473, M% Series do 1975 do do. 3, ,473, M% Series 1976 do 1976 do.. do 3, , M% Series do do do. 38,124, ,124, Redeemable after 1 year from issue date and payable on June 30: 4M% Series 1971 June 30, June 30-Dec 31 do 34, , M% Series 1972 do do do 34,651, ,651, ^% Series 1973 do do do 34,651, ,651, >g% Series 1974 do 1974 do do 34,651, ,651, jji 45^% Series do 1975 do do 34,651, ,651, H^ 4^% Series do 1976 do do 34,651, , > ^ H Total special issues... 78,111,983, $1,788,892, ,323,091, ^ = = = = = = = = = ^ = = = = = = = = = = = = = = = = = = ^ = = = y ^ Total interest-bearing ,337, ,201,438, ,000,898, {z^ debt outstanding. ^. f Footnotes at end of table. ;> Hd Hd fel i^

110 TABLE 28. Description of puhlic debt issues outstanding June 30, 1970 Continued Title MATURED DEBT ON WHICH INTEREST HAS CEASED Amount outstandhlg Old debt matured (issued'prior to Apr. 1, 1917) 21 b 22 $1 378, ^% postal savings bonds « , First Liberty bonds, at various interest rates d , Other Liberty bonds and Victory notes, at various interest rates» 4, 214, Treasury bonds, at various interest rates» 85, 776, Adjusted service bonds of 1945 ^ 879, Treasury notes, at various interest rates» 18, 913, Treasury savings notes a 272, Title Title MATURED DEBT ON WHICH INTEREST HAS CEASED Con. Amount outstanding Treasmy notes, tax series * $72, Certificates of indebtedness, at various interest rates» 255, Treasury bius a 148,981, Treasmy savings certificates ^ 22 66, U.S. savings bonds * 54,599, Arraed Forces leave bonds» 4,711, Total raatured debt on which interest has ceased 320,755, DEBT BEARING NO INTEREST Amount outstanding Special notes of the United States (the notes are nonnegotiable, bear no interest, and are payable on demand): International Monetary Fund series (issued pursuant to the provisions of the Bretton Woods Agreements Act, approved July 31, 1945 (22 U.S.C. 286e), and under the authority of and subject to the provisions ofthe Second Liberty Bond Act, as amended) 1 $825,000, Mortgage Guaranty Insurance Corapany Tax and Loss Bonds (issued pm'suant to Sec. 832(e), Internal Revenue Code of 1954). These securities are exempt from all taxation now or hereafter iraposed on the principal by any State or any possession of the United States or of any local taxing authority 14, 715, U.S. savings staraps (Public Debt Act of 1942 (31 U.S.C. 757c)).. 57,242, Excess profits tax refund bonds were issued under authority of and subject to the provisions of the Second Liberty Bond Act, as araended, and sections 780 to 783, inclusive, of the Internal Revenue C!ode of 1939, as araended. These bonds did not bear interest and were payable at the option of the owner after Jan. 1, The first series matmed on Dec. 31, 1948, and the second series on Dec. 31, 1949: Firstseries , Second Series , Total excess profits tax refund bonds , Old demand notes (acts of July 17,1861 (12 Stat. 259); Aug. 5,1861 (12 Stat. 313); Feb. 12,1862 (12 Stat. 338)). (The $60,030,000 issued includes $60,000,000 authorized to be outstanding and amounts issued on deposits including reissues.) , Fractional currency (acts of July 17, 1862 (12 Stat. 592); Mar. 3, 1863 (12 Stat. 711); June 30, 1864 (13 Stat. 220)). (The $368,724,080 issued includes $50,000,000 authorized to be outstanding and araounts issued on deposits including reissues.) ,965, Legal tender notes (acts of Feb. 25, 1862 (12 Stat. 345); July 11, 1862 (12 Stat. 532); Mar. 3, 1863 (12 Stat. 719); May 31, 1878 (31 U.S.C. 404); Mar. 14,1900 (31 U.S.C. 408); Mar. 4, 1907 (31 U.S.C. 403)). (Greatest amount ever authorized to be outstanding $450,000,000.) ,539, Old series currency (31 U.S.C ) ,844, Silver certificates (act of June 24, 1967) ,965, National bank notes, redemption account (act of July 14, 1890 (31 U.S.C. 408)) ,291, O CO <r o td fel Hd o td H^ o fel fel ZP fel o td fel H9 > td Kl o fel ng ffi fel H9 td fel > ZP d td Hi

111 Federal Reserve bank notes, redemption account (act of Dec 23, 1913 (12 U.S.C. 467)) ,436, Thrift and Treasury savings stamps ,697, Total debt bearing no interest - 1,526,350, SUMMARY Gross debt (including $30,650,914, to finance expenditures of Government corporations for which securities of such corporations are held by the Treasury)- 370,848,004, Debt of U.S. Government agencies.- 536,989, Total gross public debt and debt of U.S. Government agencies 371,384,994, Deduct debt not subject to statutory limitation ,869, Add participation certificates (12 U.S.C. 1717(c)) ,000, Tota.l debt subject to limitation ,354,124, Payable on date indicated except where otherwise noted. Where two dates are shown for Treasury bonds, first date is earliest cau date and second date is maturity date. 2 Reconciliation by classification to the basis of daily Treasury statement is shown In table Treasury bills are shown at maturity value and are sold on a discount basis with competitive bids for each issue. The average sale price on these series gives an approximate yield on a bank discount basis (360 days a year) as indicated opposite each issue of bills. This yield differs slightly from the yield on a true discount basis (365 or 366 days a year) which is showii in the sumraary table Redeeraable at par and accrued interest to date of payraent, at any tirae upon the death of the owner at the option of the duly constituted representative of the deceased owner's estate, provided entire proceeds of rederaption are applied to payinent of Federal estate taxes on such estate. 5 Not called for redemption on first call date. CaUable on succeeding interest payment dates. 0 Of this araount $41,313,500 face amount was issued in exchange for Series F and G savings bonds maturing in the calendar years 1963 and 1964, and $93,000 face amount was issued for cash. 7 Of this amount $33,834,500 face amount was issued in exchange for Series F and G savings bonds maturing in the calendar years 1963 and 1964, and $102,000 face amount was issued for cash. 8 Redeeraable prior to maturity in whole or in part as per agreement. 9 The principal dollar equivalent of this security increased as a result of the revaluation of the Deutsche mark on Oct. 26, The increase in the principal araount wiu be absorbed by the Exchange Stabilization Fund upon redemption. 10 The principal dollar equivalent of this security increased as a result of the revaluation of the Deutsche mark on Oct. 26,1969. The increase in principal dollar equivalent is offset by a corresponding decrease of interest cost over the reraaining term of the security pursuant to revaluation clause as agreed upon with the Deutsche Bundesbank. 11 These bonds are subject to call by the United States for redemption prior to. maturity. 12 Issued at par. Semiannual interest is added to principal. 13 May be exchanged at option of owner for marketable 13^ percent 5-year Treasury notes, dated Apr. 1 and Oct. 1 immediately preceding the date of exchange. 14 Includes $316,389,000 of securities received by Federal National Mortgage Association in exchange for mortgages Amounts issued and retired for Series E savings bonds and for savings notes include accrued discount; amounts outstanding are stated at current rederaption values. Araounts issued, retired, and outstanding for Series H are stated at par value. 18 Redeeraable after 1 year frora issue date at option of owner. 17 Unclassified rederaptions of savings notes are included in unclassified rederaptions of Series E savings bonds beginning May 1, At option of owner, bonds dated May 1, 1941, through Apr. 1, 1952, may be held and will accrue interest for additional 20 years; bonds dated on and after May 1, 1952, may be held and will accrue interest for additional 10 years. 19 Represents a weighted average of the approximate yields of bonds of various issue dates within the yearly series if held to maturity or if held from issue date to end of applicable extension period, coraputed on the basis of bonds outstanding June 30,1969. (For details of yields by issue dates, see Treasury Circulars No. 663 (Eighth Revision) for Series E and No. 905 (Fifth Revision) for Series H dated Dec. 12, 1969.) 20 At option of owner, bonds dated June 1, 1952, through Nov. 1, 1965, may be held and wiu accrue interest for additional 10 years. 21 For detailed inforraation see 1956 annual report, page Not subject to the statutory debt limitation. 23 After deducting amounts officially estunated to have been lost or irrevocably destroyed. 24 For statutory limit on the public debt, see tables 30 and 31. NOTE: Reports of issues and retirements of Treasury bill broken down as to exchange and cash were discontinued effective with the buls issued on Mar. 12,1970. Footnotes continued on following page. ZP > H^ H-l ZP y^ o > > Hd hd fel 1^ H-l o 00

112 AUTHORIZING ACTS: (a) Sept. 24,1917, as amended. (b) Various. (c) June 25, (d) Apr. 24,1917. TAX STATUS: (e) Treasury buls are not considered capital assets under the Internal Revenue Code of The difierence between the price paid for the buls and the amount actuauy received upon then sale or redemption at maturity for Federal incorae tax purposes is to be treated as an ordinary gain or loss for the taxable year in which the transaction occurs. (f) Income derived from these securities is subject to au taxes now or hereafter hnposed under the Internal Revenue Code of (g) Any gain or loss derived from the exchange of the following securities wul be taken into account for Federal income tax purposes upon the disposition or redemption of the new securities. Effective date New security of exchange Security exchanged 3M% Bonds Oct. 3,1960 j % Bonds ^% Bonds ^% Bonds Oct. 3,1960 (23^% Bonds June 15, ^% Bonds Oct. 3,1960] (23^% Bonds Dec. 15, ^% Bonds _ ].^^.o/ -R^^H.^ iqr^vn 33^% Bonds % Bonds Mar. 1 1QR9 }3% Bonds , lyb^ 2^% Bonds % Bonds Mar. 33^% Bonds ) yr.. dv2% Bonds } ^^-^^^ 1,1962 4% Bonds 1972 ( ) Sept ^% Bonds 1971 Mar. 15,1963 3^% Bonds 1974 Mar. 15,1963 2^% Bonds ^% Bonds Sept. 15, ^% Bonds June *^% Bonds Dec ^% Certmcates A ^% Notes A % Notes E % Certificates B K% Notes D % Notes B ^% certificates C H% Certificates D M% Bonds l3% Bonds '33^% Notes B ^% Notes B % Bonds H% Bonds Footnotes continued from previous page. Effective date of exchange New security Security exchanged l^}4% Notes B ^% Notes B ^% Certificates C % Bonds 1980 Mar * 133^% Certificates D % Bonds I gp ^.o,qro 43^% Bonds ) ^^^^' ^^'^^^ 4% Bonds ) ^^^ 41^% 4M% Bonds ( '^^^ 29,1964 4>^% Bonds 1973 ) j. ^ 04 iora 41^% Bonds J ^^^^ 24, ^% Bonds ) j ^ ^ 434% Bonds { '^^^ 19,1965 \ 23^% Bonds % Bonds % Bonds l3h% Bonds ISH% Certificates B i% Notes A ^% Notes D M% Bonds % Notes A ^% Notes B l3^%, Notes A (^J4% Notes C % Notes B M% Notes E ' 3^% Notes F ^% Notes A ^% Bonds K% Notes C ^% Notes B % Notes A ^% Notes B ^% Bonds /3M% Notes B % Notes E ^% Notes B (3^% Notes C M% Notes A ^% Bonds ^% Bonds (h) These issues, being investments of various Government funds and payable only for the account of such funds, have no present tax liability. MEMORANDUM RELATING TO OTHER SECURITIES: Securities of the United States payable on presentation: U.S. registered interest checks payable $17,759, U.S. interest coupons due and outstanding 155,381, Interest payable with and accrued discount added to principal of U.S. securities.. 3,974, Total 177,116, O CD O td fel Hd O td O fel ffi fel ZP fel o td fel H9 > td Kj o fel H^ ffi fel td fel > ZP d td Ki

113 STATISTICAL APPENDIX 105 TABLE 29. Description of agency securities and D.C. Armory Board Stadium bonds subject to statutory limitation, June 30, 1970 [On basis of dauy Treasmy statements, see "Bases of Tables"] Secmities Rate of interest Amount UNMATURED DEBT District of Columbia Armory Board Stadium bonds of issued under the act of Sept. 7,1957, as amended (2 D.C. Code )12 Federal Housing Administration debentmes issued under the act of June 27, 1934, as amended (12 U.S.C g)3«Mutual mortgage insmance fund: Series AA Series AA Series AA Series AA Series AA - Series AA. Series AA Series A A Series A A Series AA Series A A Series AA --. Series AA Cooperative management housing insurance fund: Series NN Series NN. -.. Series NN. Series NN. Series NN.. Series NN. General msurance fund: General insurance: SeriesMM.- SeriesMM-. SeriesMM.- SeriesMM. SeriesMM SeriesMM - SeriesMM.. SeriesMM SeriesMM.. SeriesMM SeriesMM. SeriesMM SeriesMM SeriesMM SeriesMM Armed services housing mortgage hismance fund: Series FF Series FF Series FF Series FF Series FF. Series FF Series FF Houshig insurance fund: Series BB Series BB. Series BB Series BB SeriesBB SeriesBB SeriesBB.... Series BB SeriesBB. SeriesBB SeriesBB. National defense housing insurance fund: Series GG - Series GG._. Series GG Series GG Series GG Series GG Series GG. Footnotes at end of table. Percent 4.20 zy4. w% fi 4 43^ m m 2K v/2 m 4 43^ m 3M 4 43^ 23^ is 33^ 3^ 3^8 4 43^ 23^ 23 m 3J4 $19,800, , , , , , , , , ,219, ,863, ,060, ,766, , ,033, ,292, , , ,582, , ,965, , , , , , , ,027, ,021, ,562, ,534, ,946, ,247, ,384, ,227, , , , , , , , ,124, , 519, , ,038, , , ,579, ,976, ,724, ,187, ,692, ,560, ,976, ,668, ,479, , , ,

114 REPORT OF THE SECRETARY OF THE TREASURY TABLE 29. Description of agency securities and D.C. Armory Board Stadium bonds subject to statutory limitation, June 30, 1970 Continued [On basis of daily Treasury stateraents, see "Bases of Tables"] Rate Securities of interest Araount UNMATURED DEBT Continued Federal Housing Adrainistration debentures issued under the act of June 27, 1934, as amended (12 U.S.C g)3 4 Continued Sec 220 housing insurance fund: Percent Series CC 33^ $4,740, Series CC 3H 9,251, Series CC 33/^ 2,336, Series CC 3M 3,344, Sec 221 housing insurance fund: Series DD 33^^ 16, Series DD VA 1, Series DD?>% 1,125, Series DD. 33^^ 8,801, Series DD 3^ 1,392, Series DD 3>^ 63, Series DD 4 51, Series DD 43^ 116, Serviceraen's raortgage insurance fund: SeriesEE... 2% 25, Series EE 2/^ 201, Series EE , SeriesEE 33^ 926, SeriesEE 3K 230, Series EE 3^ 621, SeriesEE 33^ 1,904, SeriesEE 3^ 757, Series EE....- Z% 1,097, Series EE 4 1,150, Series EE 43/g 2,797, Title I housing insurance fund: Series R 2% 37, SeriesT , War housing insurance fund: Series H 23^ 908, Subtotal 516,845, Total unraatured debt 536,645, MATURED DEBT S Commodity Credit Corporation, interest District of Columbia Armory Board, interest.. 221, Federal Farm Mortgage Corporation: Principal i 104, Interest 29, Federal Housing Administration: Principal 6, Interest 2, Home Owners' Loan Corporation: Principal 232, Interest Reconstruction Finance Corporation, interest Total matured debt (principal and interest) : , Total 537,306, Issued on June 1, 1960, at a price to yield percent, but sale was not consuraraated until Aug. 2, Interest is payable seraiannually on June 1 and Dec.l. These bonds are redeemable on and after June 1, 1970, and mature on Dec. 1, The securities and the incorae derived therefrora, and gain frora the sale or other disposition thereof or transfer as by inheritance or gift, are subject to taxation by the United States, but are exempt both as to principal and interest from au taxation, except estate and inheritance taxes, iraposed by the District of Columbia. 3 Issued and payable on various dates. Interest is payable semiannuauy on Jan. 1 and July 1. All unmatured debentures are redeemable on any interest day or days, on 3 months' notice. 4 Under the Public Debt Act of 1941 (31 U.S.C. 7'12a), income or gain derived frora these securities is subject tolall Federal taxes now or hereafter iniposed. The securities are subject to surtaxes, estate, inheritance, or gift'taxes whether Federal or State, but are exerapt from au taxation now or hereafter imposed on the principal or interest thereof by any State, raunicipality, or local taxing authority. Debentures issued on contracts entered into before Mar. 1,1941, are exerapt from all taxation except surtaxes, estate, inheritance, and gift taxes. «Funds are on deposit with the Treasurer of the United States for payment of principal of $343,625 and Interest of $316, NOTE. For securities held by the Treasury see table 105.

115 STATISTICAL APPENDIX 107 TABLE 30. Debt subject to statutory limitation, June 30, 1970 [In miuions of dollars] PART 1. STATUS UNDER LIMITATION, JUNE 30, 1970 The statutory debt lirait established by the Second Liberty Bond Act, as araended (31 U.S.C. 757b) ,000 Araounts outstanding subject to statutory debt liraitation: U.S. Governraent securities issued under the Second Liberty Bond Act, as amended.. 370,288 Debt of U.S. Governraent agencies 537 Participation certificates (12 U.S.C. 1717(c)) 2,600 Total amount outstanding subject to statutory debt limitation 373,426 Balance issuable under limitation 3,675 PART II.-APPLICATION OF STATUTORY LIMITATION, JUNE 30, 1970 Classification Total outstanding Public debt: Interest-bearing debt: Public issues marketable: Treasury bills 76,154 Treasury notes 93,489 Treasm-y bonds 62,956 Totalmarketable public issues 232,599 Public issues nonmarketable: Certificates of indebtedness: Foreign series. 961 Foreign currency series 150 Treasury notes: Foreign series 2,374 Foreign currency series 1,216 Treasury bonds: Foreign series.- 54 Treasury bonds 75 Treasury certificates. 785 U.S. savingsbonds 51,281 U.S. savings notes 742 U.S. retirement planbonds 39 Depositary bonds 25 Treasury bonds, REA series 15 Treasury bonds, investment series 2,387 Total nonraarketable public issues. 60,103 Special issues to Government agencies and trust funds 76,323 Total interest-bearing debt - 369,026 Matured debt on which interest has ceased 366 Debt bearing no interest: Special notes of the United States: International Monetary Fund series 826 Mortgage Guaranty Insurance Company tax and loss bonds 15 U.S. savings staraps 68 Excess proflts tax refund bonds 1 1 U.S. notes 323 Deposits for retireraent of national bank and Federal Reserve bank notes 76 Silver certiflcates 220 Other debt bearing no interest '. '. 11 Total debt bearing no interest 1,527 Total public debt ,919 Debt of U.S. Government agencies: Interest-bearing debt 537 Matured debt onwhich interest has ceased... (*) Total debt of U.S. Government agencies 537 Total public debt and debt of U.S. Government agencies 371,456 Deduct deb t not subj ect to limitation 631 Add participation certificates 2,600 Total subject to liraitation 373,425 *Less than $500, The following table details amendments to the act. 2 Includes public debt incurred to finance expenditures of wholly-owned Government corporations and other activities in exchange for which securities of the corporations and activities were issued to the Treasmy. See table

116 REPORT OF THE SECRETARY OF THE TREASURY TABLE 31. Debt limitation under the Second Liberty Bond Act, as amended, Date and act History of legislation Amount of limitation Sept. U, Stat Stat. 290 Sec. 1 authorized issuance of bonds in the amount of Sec. 5 authorized certificates of indebtedness outstanding $7,638,946,460 4,000,000,000 Apr. 4, Stat Stat. 504 Amended sec. 1, increasing bond issuance authority to Amended sec. 6, increasing authority for certificates outstanding to... 12,000,000,000 8,000,000,000 July 9, Stat. 844 Amended sec. 1, increasing bond issuance authority to 20,000,000,000 Mar. 5, Stat Stat Amended sec. 5, increasmg authority for certificates outstanding to Added sec. 18, authorizing issuance of notes in the amount of 10,000,000,000 7,000,000,000 Nov. 23, Stat. 321 Amended sec. 18, providing limit on notes outstanding.. 7,500,000,000 June 17, Stat. 19 Amended sec. 5, authorizing bills in addition to certificates of indebtedness outstanding 10,000,000,000 Mar. S, Stat Amended sec. 1, increasing bond issuance authority to 28,000,000,000 Jan. SO, Stat. 343 Amended sec. 18, increasing authority for notes outstanding to 10,000,000,000 Feb. 4, Stat. 20 Amended sec. 1, providing limit on bonds outstanding 25,000,000, Stat. 21 Added sec. 21, consolidating authority for certificates and bills (sec. 5) and authority for notes (sec. 18) outstandhlg 20,000,000,000 May 26, Stat. 447 Amended sec. 21, consolidating authority for bonds, notes, certificates of hidebtedness, and bius outstanding (bonds limited to $30 biuion).. 45,000,000,000 July 20, Stat Amended sec. 21, removing limitation on bonds without changing authorized total of bonds, notes, certtficates of indebtedness, and buls outstanding 45,000,000,000 June 26, Stat. 626 Amended sec. 21, adding new authority for issuance of $4 biuion National Defense Series obligations outstanding 49,000,000,000 Feb. 19, Stat. 7 Amended sec. 21, elhninating authority for $4 bulion of National Defense Series obligations and increasing limitation to 65,000,000,000 Mar. 28, Stat. 189 Amended sec. 21, increasing limitation to 125,000,000,000 Apr. 11, Stat. 63 Amended sec. 21, increasing limitation to.. 210,000,000,000 June 9, Stat ^.. Amended sec 21, increasing limitation to ,000,000,000 Apr. 3, Stat. 47 Amended sec. 21, including obligations guaranteed as to principal and interest by the United States and increasing limitation to 300,000,000,000 June 26, Stat. 316 Amended sec. 21, defining face amount of savmgs bonds to be cmrent redemption value and decreasing limitatioii to 275,000,000,000 Aug. 28, Stat. 895 Increased sec. 21 limitation by $6 biuion dmhig period beginning Aug. 28, 1954, and ending June 30, ,000,000,000 June SO, Stat. 241 Amended act of Aug. 28, 1954, extending increase in limitation untu June 30, ,000,000,000 July 9, Stat. 619 Increased sec. 21 limitation by $3 biuion dmmg period beginning Julyl, 1956, and ending June 30, ,000,000,000 Temporary hicrease terminated July 1,1957, and limitation reverted to. 275,000,000,000 Feb. 26, Stat. 27 Increased sec; 21 limitation by $5 biuion during period beginnhig Feb. 26, 1958, and endhig June 30, ,000, Sept. 2, Stat Amended sec. 21, increasing liraitation to $283 biuion, which, with temporary increase of Feb. 26, 1958, made limitatioii 288,000,000,000 June 30, Stat. 156 Amended sec. 21, increasing limitation to $285 billion, and increased sec. 21 limitation by $10 biuion dming period beghining July 1,1959, and endhig June 30, ,000,000,000

117 STATISTICAL APPENDIX 109 TABLE 31.^ Debt limitation under the Second Liherty Bond Act, as amended, Continued Date and act History of legislation Amount of Ihnitation June 30, Stat. 290 Increased sec. 21 limitation by $8 biuion dmmg period beginning Julyl, 1960, and ending June 30,1961 $293,000,000,000 June 30, Stat. 148 Increased sec. 21 limitation by $13 bulion during period beginning July 1, 1961, and ending June 30, , ,000 Mar. IS, Stat Increased sec. 21 limitation by $2 biuion (in addition to temporary increase of $13 bulion m act of June 30,1961) dming period beginnhig Mar. 13,1962, and endhig June 30, ,000,000 July 1, Stat. 124 Increased sec. 21 liraitation during the periods: (1) beginning July 1, 1962, and ending Mar. 31,1963, to 308,000,000,000 (2) beginning Apr. 1,1963, and ending June 24,1963, to. 305,000,000,000 (3) beginnhig June 25, 1963, and ending June 30, 1963, to 300, ,000 May 29, Stat. 50 Increased sec. 21 limitation during the periods: (1) beginning May 29, 1963, and ending June 30,1963, to. 307,000,000,000 (2) beghmmg July 1,1963, and ending Aug. 31, 1963, to 309,000,000,000 Aug. 27, Stat. 131 Increased sec. 21 limitation during the period begirming Sept. 1, 1963, and ending Nov. 30, 1963, to 309,000,000,000 Nov. 26, Stat. 342 Increased sec. 21 limitation during the periods: (1) beginning Dec. 1,1963, and ending June 29,1964, to 315,000,000,000 (2) ending June 30,1964, to 309,000,000,000 June 29, Stat. 225 Increased sec. 21 limitation durhig the period beginning June 29,1964, and ending June 30, 1965, to June 24, Stat. 172 Increased sec. 21 limitation during the period beginning July 1, 1965, and ending June 30, 1966, to 328, June 24, Stat. 221 Increased sec. 21 limitation during the period beginning July 1, 1966, and ending June 30,1967, to ,000,000 Mar. 2, Stat. 4 Increased sec. 21 limitation during the period beginning Mar. 2, 1967, and endhig June 30,1967, to 336,000,000,000 June SO, Stat. 99. _ Sec. 21 amended to increase limitation on aggregate outstanding at any thne to ,000,000,000 Sec. 21 amended also to increase the limitation temporarily, beginning July 1,1968, and each July 1 thereafter for the period beginning July 1 and ending June 29 of each succeeding calendar year by $7 billion, providing an operating liraitation of 365,000,000,000 April 7, Stat Amended sec. 21, increasing limitation to $365 billion, and hicreased sec. 21 limitation by $12 bulion dming period beginning Apr. 7,1969, and endmg June 30, ,000,000,000 June 30, Stat Amended sec. 21, increasing limitation to $380 billion, and increased sec. 21 limitation by $15 biuion dm-ing period beghining July 1,1970, and endmg June 30, ,000,000

118 II. Operations TABLE 32. Public debt receipts and expenditures by classes, monthly for the fiscal year 1970 and totals for 1969 and 1970 [On basis of daily Treasury statements, see "Bases of Tables"] Receipts (issues) July 1969 August 1969 September 1969 October 1969 November 1969 December 1969 January 1970 Pubhc issues: "^ Marketable: g Treasury bius: 2 Regular weekly $9,889,012, $10,014,537, $8,796,336, $11,100,367, $8,515,618, $9,516,802, $11,885,417, ^ Tax anticipation 3,515, , ,011,084, ,507,707, ,335, Other 1,200,714, ,294,937, ,066,756, , ,220,548, , S Treasmy notes.. Subtotal- 14,604,802, ,014,540, ,091,273, ,178,207, , , ,740,685, ,885,582, M Exchanges: Treasury bills: rn Regular weekly 3,618,982, ,305,892, ,812,090, ,929,088, ,495,837, ,578, ,144,671, N Other. 501,500, ,442, ,024, , ,458, , o Treasury notes 1.554, ,037, ,803, , , , , ,637, ^ Certificates of indebtedness, regular. Subtotal.. 4,122,036, ,237,929, ,728,335, ,419,389, ,495,733, ,287,181, ,139, td y< Total marketable issues... 18, 726,838, ,252,469, ,819, 608, , 597, 596, , 519,101, , 027,866, , 024, 591, O Nonraarketable: ^ Certificates of indebtedness:.j Foreign series 437, ,000, ,000, ,355,000, ,000, ,000, ,258,017, ^ Foreign currency series 129,824, ,850, ,686, , H Depositary bonds 282, , , , , ,553, fej Treasury notes:., Foreign series. 150,000, ,000, ,000, H Foreign currency series 155,964, , , , g Treasury bonds: ^ REAseries 50, , , ^ U.S; savings notes 31,959, ,158, ,794, ,948, ,391, ,972, ,938, JH U.S. retireraent plan bond 204, , , , , ,845, ,123, ^ 33^% Treasmy bonds ,000, ^ 1% Treasury certificates. 2,801, ^ 3.50% Treasury certificates 107,224, ,709, ,922, ,678, ,553, '^178,703, ,546, % Treasury certificates % Treasury certificates K H9 >

119 Receipts (issues) February 1970 March 1970 April 1970 May 1970 June 1970 Total, fiscal year Total, fiscal year PubUc issues: Marketable: Treasury bius: Regular weekly $8,453,581, $12,414,667, $15,519,683, $12,401,120, $12,422,380, $130,929,520, $106,968,977, Tax anticipation 3,510,668, , ,548,473, ,789,291, Other 970,601, ,401,494, ,700,269, ,402,150, ,257,677, ,386, Treasury notes 3,313,724, ,332, ,664,056, ,412,973, Subtotal 9,424,182, ,326,829, ,220,552, ,714,844, ,174,862, ,399,726, ,557,548, Exchanges: Treasm-y bius: ZP Regular weekly 3,642,529, ,452,667, ,163,856, ^ Other.. 533,997, , ,336,298, > Treasury notes 5,951,548, ,066, ,396, ,456,711, ,080, ,047,751, ,571,515, H Certificates of hidebtedness, ui regular. Subtotal 10,128,074, ,066, ,396, ,456,711, ,080, ,666, ,071,669, ^ Total marketable issues 19,552,256, ,334,895, ,224,948, , , , ,066,505, ,629,217, Nonmarketable: hd Certificates of indebtedness: H^I Foreign series 1,148,000, ,000, ,017, ,000, ,000, ,479,034, ,873,987, fel Foreign currency series 49, ,121, ,127,015, IzJ Depositary bonds 16, , , , , ,335, ,545, O Treasury notes: H Foreign series 300,000, ,000, ,000, ,000, ,875,000, ,000, t^ Foreign currency series 30,396, ,251, ,385, ,193, ,721, ,274,291, Treasm-y bonds: REA series. 10, , , U.S. savings notes 33,302, ,949, ,038, ,810, ,065, ,328, ,532, U.S. retireraent plan bonds 242, , , , , ,066, ,483, ^% Treasury bonds 75,000, %, Treasury certificates. 5,315, ,117, , % Treasury certificates 8.358, , , ,927, ,634,630, % Treasury certmcates 8,699,38L % Treasury certificates 1,

120 to TABLE 32. Puhlic debt receipts and expenditures hy classes, monthly for the fiscal year 1970 and totals for 1969 and 1970 Continued ^_^ Receipts (issues) July 1969 August 1969 September 1969 October 1969 November 1969 December 1969 January 1970 co <i o PubUc issues Continued Nonmarketable Continued td 6.190% Treasmy certificates. g 6.23% Treasmy certificates ^ 6.238% Treasmy certificates % Treasm-y certificates. G 6.471% Treasmy certificates ^ 6.053% Treasmy certificates Q 6.065% Treasm-y certificates. M 6.167% Treasury certificates 6.199% Treasmy certificates... H 6.45% 6.330% Treasmy certificates $ 1,858, fel hj 6.876% Treasury certificates % Treasury certificates $1,242, rc 7.10% Treasmy certificates 328, td 7.106% Treasmy certificates 1,559, O 7.172% Treasmy certificates 1,220, td 7.888% Treasmy certificates $1,264, fel 8.096% Treasmy certificates 1,588, H^ U.S. savings bonds: > Issueprice 388,684, $347,643, $321,110, ,692, $274,320, $345,656, ,581, td Accrued discount 167,788, ,387, ,257, ,825, ,697, ,172, ,370, *< Exchanges, Series H 19,063, ,193, ,685, ,924, ,134, ,498, ,185, U.S. savings stamps 1,693, , , ,093, ,636, O Tax and loss bonds 1,023, ,023, ^ Total nonmarketable Issues-. 1,441,073, ,177,736, ,452,758, ,503,812, ,105,456, ,717,318, ,263,813, li Total public issues 20,167,911, ,430,205, ,272,366, ,101,408, ,624,557, ,745,184, ,288,404, fe^ y^ Special issues: Civil service retirement fund 375,478, ,937, ,821, ,322, ,303, ,558, ,218, ^ Employees'Ufe insurance fund... 46,142, ,662, , ,000, ,652, g Export-Import Bank of the ^ United States. /H Federal Deposit Insurance Corp.. 121, ,653, ,500, ,576, ,155, ,813, ,783, Q Federal disabiuty insurance trust fj fund 273,614, ,843, ,219, ,337, ,455, ,907, ,800, ^ Federal home loan banks :. 86,500, ,000, ,000, ,000, ,500, ,000, , Federal hospital Insurance trust fund. 343,245, ,965, ,350, ,397, ,788, ,043,742, ,240,000.00

121 Receipts (issues) February 1970 March 1970 April 1970 May 1970 June 1970 Total, fiscal year Total, fiscal year PubUc issues Continued Nonmarketable Continued 6.190% Treasmy certificates $1,153, % Treasury certificates % Treasmy certificates ,358, % Treasury certificates : 1,449, % Treasury certificates ,167, % Treasury certificates ,202, % Treasmy certificates ,830, % Treasury certificates - - 1,183, % Treasury certificates ,802, % Treasury certificates --- $1,621, $1,621, ZP 6.45% Treasury certificates ,858, H 6.876% Treasury certmcates 1,289, ,289, > 7.030% Treasury certmcates - - 1,242, g 7.10% Treasury certmcates jji 7.106% Treasury certmcates , H^ 7.172% Treasury certmcates ,220, ^ 7.888% Treasmy certmcates , s^ 8.096% Treasury certmcates - - 1,588, P U.S. savings bonds: Issueprice._ $382,752, $426,682, ,701,25L12 $366,742, $445,620, ,449,188, ,548,181, > Accrued discount 151,216, ,165, ,793, ,323, ,418, ,841,416, ,788,738, Hrf Exchanges, Series H. _. 20,864, ,374, ,480, ,254, ,883, ,540, ,239, ^ U.S. savirigs stamps 3,736, ,659, ,126, , ,206, ,318, g Tax and loss bonds 985, ,480, ,158, ,670, ,016, ^ t) Total nonmarketable issues.. 1,798,457, ,544,640, ,522,208, ,985, ,429,206, ,801,469, ,159,332, H Total public issues 21, 350, 713, ,879, 535, , 747, ,016, 540, , 243, 988, ,867, 974, , 788, 549, Special issues: CivU service retirement fund 283,130, ,213, ,195, ,971, ,323,306, ,675,4.52, ,602,629, Employees'hfe insm-ance fund... 8,852, ,000, ,638, ,000, Export-Import Bank of the UnitedStates - 244,405, Federal Deposit Insurance Corp. 345,715, ,431, ,359, ,056, ,941, ,519,998, , 2S8, 942, Federal disability insurance trustfund.. 440,078, ,450, ,951, ,045, ,839,268, ,746,967, ,925,371, Federal horae loan banks 438,000, ,500, ,000, ,000, ,000, ,446,000, ,200, Federal hospital insurance trust fund 404,210, ,432, ,974, ,941, ,416,912, ,650,196, ,156,7'27, h-l 03

122 TABLE 32. Public debt receipts and expenditures by classes, monthly for thefiscal year 1970 and totals for 1969 and 1970 Continued Receipts (issues) July 1969 August 1969 September 1969 October 1969 November 1969 December 1969 January 1970 co :. : <i o Special issues Continued Federal old-age and survivors td insmance trust fund $2,149,116, $2,750,185, $2,664,607, $1,759,225, $2,316,627, $2,906,186, $1,792,525, fel Federal Savings and Loan Insur- Hrf ance Corp 90,160, ,066, ,475, ,600, ,733, ,392, ,445, O Federal supplementary medical td insmance trust fund 163,180, ,901, ,098, ,525, ,220, ,744, ,542, ^ Foreign service retheraent fund.. 847, ,548, ,048, ,671, ,273, , ,326, Government lue insmance fund. 2 Highway trust fund 438,282, ,773, ,700, ,000, ,733, ,206, ,700, ^ National service hfe insurance ^ fund 28,240, ,849, ,656, ,128, ,775, ,600, \3 Raikoad rethement account 77,326, ,177, ,934, ,852, ,168, ,206, ,392, g Railroad rethement holding ^ account. 216, , , , , , , Raikoad retirement supple- \ii mentary account.. 2,031, ,202, ,018, , ,401, , , Q Serviceraen's group lue insur- ^ ance fmid 6,203, hd Unemployraent trust fund 110,595, ,535, ,682, ,617, ,721, ,853, ,769, H3 Veterans' special term insur- >. ance fund 1,912, ,325, ,077, ,372, , ,401, ,045, ^ Veterans' reopened insurance KJ fund- 2,318, ,244, ,107, ,465, ,856, ,383, ,127, O Total special issues 4.310,218, ,960,448, ,103,736, ,743,317, ,259,011, ,839,352, ,183,015, fel Otherissues: [3^ Federal Reserve banks 1,561,000, fel International Monetary Fund notes H^ U.N. Special Fund bonds td Other fel > Total other issues 1,661,000, ^ Total public debt receipts ,129, ,380,653, ,937,102, ,844,725, ,883,668, ,584,636, ,471,419, ^ H^

123 Receipts (issues) February 1970 March 1970 AprU 1970 May 1970 June 1970 Total, fiscal year Total, fiscal year Special issues Continued Federal old-age and survivors insurance trust fund... $2,441,447, $3,362,105, $2,888,799, $3,526,335, $7,969,076, $36,526,133, $31,812,031, Federal Savings and Loan Insurance Corp 76,669, ,466, ,062, ,201, ,381, ,629, ,033, Federal supplementary medical insmance trust fund ,613, ,905, ,228, ,116, ,267, ,880,339, ,108,761, Foreign service rethement fund.. 1,170, , ,168, ,374, ,130, ,342, ,101, Government life insm-ance fund 29,964, ,964, ,638, Highway trust fund. 390,623, ,300, ,300, ,096, ,039,637, ,284,350, ,279,893, National service life insurance fund 59,849, ,128, ,007, ,232, ,346, rn Raikoad retirement account 208,180, ,123, ,734, ,334, ,548,138, ,697,564, ,267,300, H Raikoad retirement holding > account 356, , , , ,731, ,465, ,382, ^ Railroad retirement supple- t^ mentary account 4, 297, , 649, ,137, ,543, ,330, ,287, , 766, ^ Servicemen's group Ufe insurance M fund ,203, Unemployment trust fund 930,150, ,644, ,134, ,086,325, ,676,612, ,723,537, ,925,724, Veterans' special terra insurance ^ fund 1,850, ,680, , ,176, ,001, ,200, ,021, s^ Veterans' reopened insmance M fund 1,911, ,101, ,340, ,484, ,276, ,612, ,137, y^ fel Total special issues 6,202,000, ,430,046, ,408,300, ,605,689, ,209,877, ,245,008, ,143,407, ^ - O Other issues: Federal Reserve banks 1,561,000, ,905,000, Intemational Monetary Fund notes U.N. Special Fund bonds.^ Other Total other issues 1,561,000, ,905,000, Total pubuc debt receipts... 27, 552, 713, , 309, 580, ,155, 456, , 622, 229, , 453, 865, , 673, 982, , 836, 956, I l YA Cn

124 TABLE 32. Public debt receipts and expenditures by classes, monthly for the fiscal year 1970 and totals for 1969 and 1970 Continued o Expenditures (retirements) Public issues: Marketable: Treasury bms: Regular weekly Tax anticipation Other... Certmcates of indebtedness, regular Treasury notes.. Treasury bonds Other Subtotal... Exchanges: Treasury bius: Regular weekly Other Certmcates of indebtedness, regular Treasury notes Treasury bonds Subtotal. Total marketable issues ,349,044, Nonmarketable: Adjusted service bonds Armed Forces leave bonds Treasmy notes: Foreign series Foreign currency series Wi% Treasury bonds. 1% 'Treasury certificates. 3.50% Treasury certmcates %Treasury certificates 5.146% Treasury certmcates % Treasmy certmcates % Treasm-y certmcates._ 6.186% Treasmy certmcates... July $6,745,031, ,159, ,387,618, ,375, , ,228,562, ,618, 982, ,500, ,120,482, , , ,386, , 548, ,818, August 1969 $7,867, 251, ,638, ,960, , ,596, ,311, , ,394, 773, ,305, 892, , 929,252, ,143, ,237,287, , 632,060, , , , ,182, September 1969 $7,867,820, ,444, ,177,306, , , 289, , ,109,143, ,812,090, ,442, , , 723,457, ,832, 600, , , , 550, ,106, October 1969 $10,606,429, , 230, ,502, 523, , ,363, ,054,538, , , 263,089, , 929,088, ,024, ,731, ,956, 813, , 396, 656, , 659, 745, , , ,196, ,101, , 400, November 1969 $8,154, 780, ,394, ,866, , ,335, ,588, , no. 00 8, 257,016, ,495, 837, , , ,645, ,494,151, , 751,167, , , ,626, ,576, , 810, Deceraber 1969 $8,453, 239, , 758, 789, ,773,923, , ,836, , 290, ,643,086, , 503, 578, ,458, , , ,286,115, , 929,201, , , , ,700, , 562, January 1970 $11,351,131, ,925, ,540, ,341, ,707, , ,479, 652, ,144,671, , ,627, , ,137, 034, ,616,686, , , ,000, , ,406, ' CO o td fel Hr) O td H3 O fel fel ZP fel o td > td Kj o fel H fel H td fel > ZP td K}

125 Expenditures (retireraents) February 1970 March 1970 April 1970 May 1970 June 1970 Total, fiscal year Total, fiscal year Public issues: Marketable: Treasury bills: Regular weekly $7,842,362, $12,043,175, $12,021,365, $12,007,631, $12,081,804, $117,042,018, $95,537,779, Tax anticipation 1,281, ,744,753, ,728,667, ,500, ,504,381, ,795,161, ,803,479, Other 1,491,283, ,957,528, ,441,943, ,026, ,146,322, ,124,838, ,761,324, Certiflcates of indebtedness, reeular 5, , , , , Treasury notes. 830, , ,780, ,101,550, ,823, ,116,711, ,096,940, Treasury bonds 410,603, ,987, ,229, ,306, ,544, ,967,773, ,691,731, Other.. 1, , ,08L50 6, , , , ZP Subtotal 9,746,360, ,050,062, ,369,031, ,322,029, ,183,881, ,046,692, ,891,617, H^ Exchanges: Treasury bius: Regular weekly... 3,642,529, ,452,667, ,163,856, t^ Other 533,997, ,166,361, ,336,298, f^ Certificates of indebtedness, s^ regular. HH Treasmynotes... 2, ,420,792, ,442, ,055,394, ,038,704, Treasmy bonds... 5,947,424, , ,132, ,920,188, ,476,609, > htd. : Subtotal... 10,123,950, , ,436,924, ,442, ,594,610, ,015,467, ^ fel Total raarketable issues 19,870,310, ,050,062, ,369,027, ,758,953, ,822,439, ,641,302, ,907,084, ^ = = = O Nonmarketable: Adjusted service bonds.. 6, , , , , , , X Armed Forces leave bonds... 26, , , , , , , Treasmy notes: Foreign series 433,55L51 13,970, ,670, , ,203, ,005, ,383, Foreign cmrency series 52,204, ,187, , ,182,666, ,441, % Treasmy certmcates 7,849, i-10,550, ,009, % Treasmy certmcates 14,869, ,045, ,679, ,858, ,451, % Treasury certmcates 16,331, % Treasury certificates 1,431, % Treasmy certificates 8,699, % Treasmy certificates L 1,469, % Treasmy certificates.. 2,327, y^ > zp

126 TABLF, 32. Puhlic debt receipts and expenditures by classes, monthly for the fiscal year 1970 and totals for 1969 and 1970 Continued (X) Expenditures (retkements) July 1969 August 1969 Septeraber 1959 October 1969 November 1969 Deceraber 1969 January 1970 Public issues Continued Nonmarketable Continued 5.190% Treasury certificates % Treasmy certificates % Treasury certificates... b.'^ivyo Treasmy certmcates % Treasm-y certificates % Treasury certificates % Treasmy certmcates % Treasmy certificates % Treasm-y certificates % Treasury certificates 7.030% Treasm-y certmcates % Treasury certmcates 7.106% Treasm-y certmcates % Treasmy certmcates % Treasury certmcates % Treasmy certificates... Certmcates of indebtedness: Foreign series Foreign currency series. Depositary bonds Excess profits tax refund bonds.. Treasury bonds: Foreign series Foreign currency series Investment series REA series..- Treasury tax and savings notes.. U.S. savings notes.. U.S. retireraent plan bonds U.S. savings bonds: Matured: Issue price. Accrued discount Series H Unmatured: Issue price Accrued discount $1,202, ,830,326, ,000, ,404, ,856, , , , ,889, , , 534, , ,957, , 206, ,633, $503, 200, ,702, , , , , , 564, , ,122, ,948, ,603, ,332, ,442, $704,000, ,'moo' 10, , , , 724, , , 710, ,028, , 266, ,906, ,028, $1,858, '"326," 949.'42"! "l722'o7387r5'l". 1,035,800, ,372, , ,000, , , ;, 080, , , , 900, , 211, , 755, ,828, $691,000, ,977, , , , ,395, , ,128, ,331, , 829, ,191, $918,000, i7,'6o6.'66' 22, , , ,095, , , 271, ,037, , 554, , 221, , 077, $1, 242, '"l,'56i,'ii8."3i 738,000, ,856, , , , ,743, , ,223, ,300, , 627, ,090, , 464, o td fel Hd O td y^ o fel y^ W fel ZP fel o td fel y^ > td Kl O fel y^ fel td fel > ZP d td

127 Expenditmes (retirements) February 1970 March 1970 AprU 1970 May 1970 June 1970 Total, fiscal year Total, fiscal year Public issues Continued Nonmarketable Continued 6.190% Tieasury certmcates $1,153, % Treasury certificates 8,891, % Treasmy certificates 1,449, % Treasury certificates 1,167, % Treasury certificates. 1, % Treasury certificates $1,202, % Treasury certificates 1,830, % Treasm-y certificates. 1,183, % Treasury certiflcates 1,802, % Treasury certiflcates 1,858, ZP 7.030% Treasury certiflcates 1,242, y^ 7.10% Treasury certiflcates. 326, > 7.106% Treasury certificates : 1,561, ^ 7.172% Treasm-y certificates 1,220, ^ 7.888% Treasury certificates $1,264, ,264, ^ 8.096% Treasury certificates 1,588, ,588, HH Certificates of indebtedness: KT Foreign series $827,000, $585,000, ,017, $330,000, $50,000, ,805,017, ,479,987, t-i Foreign currency series.. 49,872, ,686, ,873, ,993, Depositary bonds 55, , , , , ,004, ,880, > Excess profits tax refund bonds , , i^j Treasury bonds: Hd Foreign series 30,000, ,000, fel Foreign currency series ^ Investraent series.. 4, , , , , , O REAseries 370, , , , , ,235, ,820, M Treasury tax and savings notes , , , ^ 15, i^ U.S. savings notes 10,005, ,864, ,430,8n. 25 8,746, ,084, ,624, ,195, U.S. retireraent plan bonds 302, , , , , ,831, , U.S. savings bonds: Matured: Issueprice 91,612, ,376, ,544, ,923, ,702, ,433,544, ,395,939, Accrued discount ,443, ,571,86L ,291, ,335, ,659, ,026,895, ,157, SeriesH. 24,776, ,191, ,913, ,401, ,071, ,291, ,112, Uninatured: Issueprice ,816, ,586, ,784, ,930, ,931, ,639,752, ,394,698, Accrued discount 12,882, ,862, ,851, ,316, ,484, ,957, ,480, CO

128 TABLE 32. Puhlic debt receipts and expenditures hy classes, monthly for thefiscal year 1970 and totals for 1969 and 1970 Continued to Expenditmes (retirements) July 1969 August 1969 September 1969 October 1969 November 1969 Deceraber 1969 January 1970 Public Issues Continued "f U.S. Savings Bonds Continued ^ Exchanges: ^ Series E, F, and J, for series ^ H: fel Issueprice $9,404, $6,093, $11,451, $8,500, $7,195, $9,'181'; $7,045, Accrued discount-- 6,429, ,339, ,199, ,003, ,034, ,530,30L13 4,966, ^ Unclassified: ^ Cash - 31,950, ,537, ,014, ,689, ,416, , ,720, ^ Exchanges: Series E, F, and J, for M O series H 3,229, ,759, ,965, , ,095, ,213, ,173, U.S. savings stamps 1,715, ,112, , ,013, , ,294, ,402, H Subtotal 1,503, ,246,107, ,446,791, ,863,601, ,376,049, ,431,021,29L16 2,432,046, ^ Exchanges: ZP Treasurv bonds, invest- fel ment series 1,554, , ,878, ,733, ,682, ,066, ,975, O : '. [ 1 '. : : : '. '. : ^ issues 1,505,051, ,245,749, ,451,669, ,886,234, ,377,631, ,432,087, ,434,021, H^ Total public issues... 16,854,096, ,877,810, ,284,270, ,545,980, ,128,799, ,361,288, ,707, ^ Special issues: ^ CivU service retirement fund 219,306, ,266, ,066, ,687, ,261, ,115, ,726, Employees'life insurance fund... 62,464, ,011, , ,066, ,738, ^ Exchange Stabilization Fund ^J Export-Import Bank of the M United States.. ::. Q Federal Deposit Insurance Corp. 120,432, ,016, ,369, ,784, ,576, ,155, ,813, ^ Federal disability insmance trust j fund. 246,801, ,710, ,102, ,150, ,462, ,903, ,309, S Federal home loan bank... 86,500, ,000, ,000, ,500, ,000, ,000, ,500, g Federal hospital insurance trust s^ fund 425,341, ,221, ,307, ,698, ,662, ,500, ,704, GQ Federal old-age and survivors CJ insurance trust fund 2,162,680, ,144,958, ,113,895, ,133,702, ,100,362, ,158,324, ,149,108, ^ Federal Savings and Loan In- KJ surance Corp 154,799, ,482, ,811, ,475, ,100, , ,092, )-> CO

129 Expenditmes (retireraents) February 1970 March 1970 AprU 1970 May 1970 June 1970 Total, fiscal year Total, fiscal year Public Issues Continued U.S. Savings Bonds Continued Exchanges: Series E, F, and J, for series H: Issueprice $7,489, $12,479, $15,154, $9,231,77L26 $10,345, $113,573, $112,052, Accrued discount 5,318, ,853,78L47 11,106, ,604, ,568, ,954, ,423, Unclassified: Cash 105,966, ,364, ,960, ,308, ,503, ,897, ,851, Exchanges: Series E, F, and J, for series H 8,057, ,040, ,781, ,418, ,969, ,011, ,237, ZP U.S. savings stanips 1,344, ,022, , ,971, ,305, ,866, ,263, g Subtotal 1,509,651, ,308,703, ,872,870,40L ,236, ,598,281, ,484,758, ,544,701, ^ =^ = ^ = = " - ZP Exchanges: H^ Treasury bonds, Investraent S series 4,124, ,066, ,400, ,787, ,362, ,169, ,202, > ^ Total nonmarketable issues 1,513,775, ,316,769, ,877,270, ,023, ,599,643, ,556,927, ,600,903, > - = = Hd Total public issues 21,384,085, ,366,832, ,246,298, ,675,976, ,422,083, ,198,230, ,507,988, Special issues: 125 Civil service retirement fund 235,336, ,052, ,831, ,867, ,392,922, ,102,435, ,921,812, fel O Employees' life insurance fund... 17,700, ,638, H Exchange Stabilization Fund - 721,841, ^ Export-Import Bank of the United States ,405, Federal Deposit Insmance Corp.. 213,821, ,677, , ,810, ,605, ,566,489, ,342,429, Federal disabihty insurance trust fund 231,921, ,463, ,194, ,339, ,538,147, ,354,501, ,774, Federal home loan banks 334,500, ,500, ,500, ,000, ,000, ,299,000, ,200, Federal hospital insurance trust fund 450,186, ,279, ,665, ,433, ,241,818, ,956,814, ,525,551, Federal old-age and survivors insurance trust fund 2,149,526, ,542,857, ,949,291, ,670,900, ,297,245, ,572,848, ,047,178, Federal Savings and Loan Insurance Corp -. 48,745, ,919, ,105, ,562, ,901, ,724, ,697, h-a to

130 TABLE 32. Puhlic debt receipts and expenditures by classes, monthly for the fiscal year 1970 and totals for 1969 and Continued bo to Expenditmes (retirement) July 1969 August 1969 September 1969 October 1969 November 1969 December 1969 January 1970 h-l CO Special issues Continued Federal supplementary medical 1n.«inrancft tmst fund _.,. Foreign service rethement fund.. Govermnent life insmance fund.. Highway trust fund National service Ufe insurance fund Railroad retirement account Railroad retirement holding account Railroad retirement supplemental account Servicemen's group Ufe insurance fund. Unemployment trust fund Veterans' special life insurance fund Veterans' reopened Insurance fund Total special Issues Otherissues: Federal Reserve banks International Monetary Fund notes.. Other Total other Issues expendi Total pubhc debt tures. Excess of receipts, or expenditures $169,624, ,243, ,964, ,960, ,565, ,531, , 681, ,839, , 331, 630, , , ,186, 081, , 292,048, $158,484, ,338, ,968, ,357, , 965, , 747, , , 647, , 658, ,327, 834, , , , 205, 928, ,174, 724, $287,482, ,236, ,949, ,613, , 226, , 673, , 602, ,175, , 593,164, , 561,000, , , 561, 488, ,438, 922, ,180, $160,388, ,331, ,244, , 512, ,179, , 551, ,357, , , , ,135, 927, , 708, 797, $167,761, , ,434, , , , , , 348, , 036, 078, , , ,165, 275, , 718, 292, $174, 824, , 284, ,909, , 267, ,413, ,040, , 977, ,893, ,109, 403, , , , 471, 252, ,284, $162,858, ,446, ,889, ,280, , 320, , 305, , , , 972, , 074,254, , , ,125, 237, , 817, o td fel Hd O fel ZP fel td fe! ^ td K{ o fel >^ W fel g fel > ZP d td K

131 r CD Expenditures (retkeraents) Special issues Continued Federal suppleraentary medical insurance tuust fund Foreign service retirement fund- - - Government Ufe insurance fund.- Highway trust fund National service Ufe insurance fund -- Railroad retirement account Railroad retireraent holding accoun t- RaUroad retireraent supplemental account Servicemen's group hfe insmance fund Unemployment trust fund Veterans' special term insurance fund Veterans' reopened insurance fund Total special issues Otherissues: Federal Reserve banks International Monetary Fund notes _ Other February 1970 $200,152, ,317, ,872, ,654, ,292, ,701, , ,077, ,"i28',"o"o"o'.'o'o" ""' '4'l'7','9'8'8','0'0'0".'0'0'' " " "3'6'5','3'l'6','o'o'o'.'o'o'' 4,893,524, , March 1970 $217,843, ,395, ,783, ,924, ,155, ,739, ,991, , 781, 565, , AprU 1970 $162, 692, ,460, ,378, ,834, , 643, ,746, , , 365, , , 722,023, , May 1970 $192,830, , 732, ,814, ,034, , 613, , 557, , 240, ,203, ,449, ,052,383, , June 1970 $179, 955, , 619, , 674, ,025,747, ,014, , 560, ,906, , 739, ,812,407, ,010, ,805, , 200,074, , Total, fiscal year 1970 $2, 224,893, , 638, ,052, ,195,348, , 740, , 392,146, ,796, ,844, ,203, ,160, 530, , 978, ,805, , 711,422, , 561,000, ,876, Total, fiscal year 1969 $2,032,203, ,641, , 207, ,745,482, ,442, ,123, 597, , 297, ,799, ,775,930, , 550, ,528, ,880,204, , 905,000, ,384,000, ,916, ZP ZP '^ tr* > Hd Hd fel HH Total other issues. 333, , , , , , 565,876, ,306, 916, Total pubuc debt expenditures 26, 277, 943, ,148, 758, , 968, 749, , 728,789, ,622,661, ,475, 529, , 695,108, Excess of receipts, or expenditures (-) 1, 274, 770, ,160,822, ,813, 292, ,893,439, ,795, ,198,453, ,141,847, to 00

132 to TABLE 33. Changes in public debt issues, fiscal year 1970 [On basis) Public Debt accounts, see "Bases of Tables"! td Issues. Outstandmg Issues dming year Redemptions Transferred to Outstanding fel June 30, 1969 during year matured debt June 30,1970» *TJ O td INTEREST-BEARING DEBT ^ Public Issues 2 Marketable: Treasmy bills, series -matming: 2 fel Regular weekly: G July 3, $2,704,845, $2,704,791, $54, W July 10, ,703,920, ,703,797, , fe^ July 17, ,701,700, ,701,592, , July 24, ,698,432, ,698,390, , S Regular monthly: }i^ July 31-Aug. 31, 1969 (Strip issue) 3 400,730, ,730, HH July 31, ,209,103, ,209,058, , g Regular weekly: i-a Aug. 7,1969 2,800,762, ,800,689, , S Aug. 14, ,802,095, ,802,061, , ^ Aug. 21, ,804,614, ,804,508, , H* Aug. 28, ,802,134, ,801,904, , Regular monthly: O Aug. 31, ,505,643, ,505,643, fel Regular weekly: Sept. 4, ,802,014, ,801,522, , H^ Sept. 11, ,800,296, ,800,240, , S Sept. 18-Oct. 30, 1969 (Strip issue) 5... $2,120,538, ,120,638, fel Sept. 18, ,700,612, (6) 2,700,612, Sept.25,1969 2,701,027, («) 2,699,978, ,049, y^ Regular monthly: td Sept. 30, ,501,007, ,500,972, , fel Regular weekly: t> Oct.2,1969 1,100,404, ,600,180, ,700,535, , Oct. 9, :... 1,101,261, ,599,732, ,699,771, ,222, Oct. 16, ,100,975, ,601,561, ,702,500, , td Oct. 23, ,102,578, ,600,718, ,703,269, , ^ Oct. 30, ,099,921, ,601,313, ,701,200, , Regular monthly: Oct. 31, ,502,309, ,502,223, ,000.00

133 Regular weekly: Nov. 6, ,300,282, ,602,140, Nov. 13, ,300,474, ,689,729, Nov. 20, ,300,740, ,601,668, Nov. 28, ,300,016, ,600,219, Regular monthly: Nov.30, ,501,001, Regular weekly: Dec. 4, ,301,356, ,602,411, Dec. 11, ,300,610, ,600,216, Dec. 18, ,100,761, ,801,038, Tax anticipation: Dec.22, ,762,646, Regular weekly: Dec. 26, ,100,270, ,800,570, Regular monthly: Dec.31, ,499,702, Regular weekly: Jan. 2, ,911,209, Jan. 8, ,902,671, Jan. 15, ,905,533, Jan. 22, , Jan. 29, ,900,641, Regular monthly: Jan. 31, ,500,666, Regular weekly: Feb. 5, ,004,928, Feb. 13, ,999,807, Feb. 19, ,003,574, Feb. 26, 1970 :... 3,001,646, Regular monthly: Feb. 28, ,500,540, Regular weekly: Mar. 5, ,000,814, Mar. 12, :... 3,001,333, Mar. 19, ,002,144, Tax anticipation: Mar.23, ,752,433, Regular weekly: Mar. 26, ,010,463, Regular monthly: Mar. 31, ,501,357, Regular weekly: Apr. 2, ,010,715, Apr. 9, ,004,613, Apr. 16, ,005,119, Footnotes at en d of table. 2,902,349, ,890,149, , 902,351, , 900, 111, , 500,860, , 903, 747, ,900,777, ,899, 706, ,762,616, , 900,817, ,499,573, , 911,084, , 902,420, , 905, 332, ,899, 928, , 900, 516, , 500, 472, , 004, 766, , 999, 595, , 003,410, , 001,162, , 500,349, ,000,224, ,000,475, ,001, 678, , 748,894, , 010,107, , 500,838, ,007,955, ,000, 916, ,004,155, , , , , , , , ,093, , , , ZP H3 125, > 251, H 201, SQ 264, H 125, HH 194, ^ 162, t> 212, y^ 164, y^ 484, fel 191, O 590, R 858, , ,539, , , ,760, ,697, :. 964, bo

134 TABLE 33. Changes in puhlic debt issues, fiscal year 1970 Continued <ji Issues Outstandmg Issues durmg year Redemptions Transferred to Outstandhlg ^ June 30,1969 durmg year matured debt June 30,19701 ^Q : ^ INTEREST-BEARING DEBT-Continued Publicissues Continued Marketable Continued M Treasmy bius' series maturing: 2 Conthiued H^ Tax anticipation: Apr. 22, $4,767,244, $4,766,904, $10,340, Q Regular weekly: hcj Apr.23, ,002,462, ,001,186, ,276, Regular monthly: H Apr.30,1970. $1,000,634, ,501,686, ,600,033, ,287, [l} Regular weekly: ^j May 7, ,002,349, ,000,006, ,343, May 14, ,993,940, ,991,363, ,587, ZP May21, ,002,992, ,000,877, ,115, fel May28, ,002,293, ,000,213, ,080, O Regular monthly: g May31, ,000,225, ,319, ,499,035, ,509, g Regular weekly: HJ June4, ,001,707, ,998,545, ,162, > June 11, ,998,363, ,993,697, ,666, JunelS, ,003,419, ,996,519, ,900, ^ Tax anticipation: -. June22,1970 4,607,950, ,499,604, ,346, g Regular weekly: ^ June 26, ,013,205, ,999,505, ,700, ^ Regular monthly: M June30, ,201,406, ,267, ,642,843, ,830, g Regular weekly: ^ July 2, ,001,941, $3,001,941,000.00, July 9, ,009,340, ^ 3,009,340, July 16, ,007,674, ,007,674, S July 23, ,006,897, ,006,897, g July 30, ,001,595, ,001,596, g Regular monthly: rj July 31, ,702,317, ,702,317, g Regular weekly:. ^ Aug.6, ,003,349, ,003,349, ^ Aug. 13, ,002,694, ,002,694, Aug. 20, ,987,356, ,987,355, Aug.27, ,102,755, ,102,756, ^ td fej Hd

135 Regular monthly: Aug.31, ,701,192, ,701,192, Regular weekly: Sept ,102,690, ,102,590, Sept. 10, ,104,310, ,104,310, Sept. 17^ ,105,940, ,105,940, Tax anticipation: Sept. ^, ,758,200, ,758,200, Regular weekly: Sept. 24, ,103,440, ,103,440, Regular monthly: Sept.30, ,505,392, ,605,392, Regular weekly: Oct.l, ,301,180, ,301,180, Oct.8, ,304,990, ,304,990, Oct. 15, ,300,850, ,300,850, Oct. 22, ,302,550, ,302,650, jji Oct. 29, ,301,230, ,301,230, H^ Regular monthly: > Oct. 31, ,604,368, ,504,368, g Regular weekly: ^ Nov. 5, ,301,030, ,301,030, ^ Nov. 12, ,301,680, ,301,680, w Nov. 19, ,303,530, ,303,630, ^ Nov. 27, ,300,780, ,300,780, U Regular monthly: Nov. 30, ,501,273, ,501,273, ^ Regular weekly: hd Dec. 3, ,306,400, ,306,400, ^ Dec. 10, ,302,860, ,302,860, fej Dec. 17, ,302,670, ,302,670, ^ Dec. 24, ,302,570, ,302,570, Q Regular monthly: h-j Dec.31, ,602,463, ,502,463, X Jan. 31, ,503,356, ,503,356, Feb. 28, ,700,107, ,700,107, Mar.31, ,701,620, ,701,620, Apr.30, ,200,150, ,200,150, May 31, ,200,170, ,200,170, June 30, ,201,430, ,201,430, Total Treasury bills 68,356,422, ,354,948, ,414,175, ,967, ,154,238, Footnotes at end of table. to

136 TABLE 33. Changes in public debt issues, fiscal year 1970 Continued CO Issues Outstanding Issues during year Redemptions Transferred to Outstandhlg ^ June 30,1969 durhig year matured debt June 30,19701 ^ td INTEREST-BEARING DEBT Continued ^ Public Issues Continued O td Marketable Continued Treasury notes: o 6% Series c-1969 $3,366,089, $3,364,668, $1,421, w 5% Series A ,676,487, , $7,675,486, ^% Series B ,792,815, ,790,446, ,369, i^ 6^% Series C ,759,344, $4,181, ,757,380, ,145, h< 6H% Series D ,329,382, , ,329,388, S 534%, Series A ,265,031, ,265,031, ^% Series B ,734,117, ,734,117, ^i 5^% Series C ,508,556, ,508,556, fej 7M% Series D ,923,633, ,923,633, O 8% Series E ,176,493, ,176,493, td 8^% Series F ,254,520, ,254,520, fel 7M% Series G ,714,243, ,714,243, H 4M% Series A ,005,629, ^ 2,005,629, > 4^% Series B ,310,014, ,310,014, td 7^%, Series A ,868,201, ,868,201, "< 83^% Series B ,845,649, ,845,649, ^ 53^-% Series A ,981,078, ,981,078, Q 5H% Series B ,283,922, ,283,922, ^ 5M% Series A ,148,443, ,148,443, j 6% Series B ,759,985, ,759,985, G 6K% Series A ,726,056, ,702, ,738,758, W 6M% Series B ,696,999, , ,697,016, ^ 1/2% Series C ,682,961, ,682,961, _ 8% Series A ,168,470, ,168,470, ^ 13^% Series EO ,926, ,925, , S 13^% Series EA ,529, ,452, , g 13^% Series EO ,131, ,131, g 13^% Series EA ,435, ,435, Xj 13^% Series EO ,827, ,827, g 13^% Series EA ,951, ,951, ^ 13^% Series EO ,217, ,217, ^ 13^% Series EA ,750, ,750, ^% Series EO ,764, ,764, ^% Series EA ,442, ,441, ,883, r>o 00

137 13^% Series E ,702, ,702, ^% SeriesE A _, 2,480, ,480, Total Treasury notes 78,946,919, ,722,699, ,158,872, ,013, ,500,733, Treasmy bonds: 23^% of (dated Sept. 15, 1943) 2,484,750, ,474,411, ,339, ^%o of ,281,375, ,250,041, ,334, K% of ,221,491, ,909, ,219,582, ^% of (dated June 1, 1945) 1,243,363, ,803, ,237,560, ^% of (dated Oct. 20, 1941) 1,951,367, , ,951,142, ^% of (dated Nov. 15, 1945) 2,594,287, ,409, ,573,878, % of 1969 (dated Oct. 1, 1957) 6,240,799, ,226,340, ,458, % of 1970 (dated June 20, 1963) 4,129,236, ,129,236, % of 1970 (dated Jan. 15, 1965). 4,381,419, ,381,419, %ofl971 2,805,626, , ,805,618, ^% of ,760,415, ,760,415, ZP 4% of 1972 (dated Nov. Sept. 15, 1962). 2,578,547, ,343,509, ,578,547, ,343,509, J^ > 4%ofl973 3,893,832, , ,893,827, H 4H%ofl973 4,348,871, ,079, ,345,792, ZP 43^% of ,128,429, ,065, ,127,364, h^ 434% of ,585,205, ,565, ,582,640, tt 33^%ofl974 2,240,215, , ,239,243, )l 434% of ,214,501, , ,213,514, p 3)^% of ,557,872, ,471, ,546,401, %ofl980. 2,598,199, ,690, ,594,509, > 33^% of ,906,394, ,502, ,904,892, H^J 334% of ,096,687, ,827, ,079,860, g 4J^% of ,814,895, ,901, ,811,994, g 4% of ,138, , ,207, Zj 43/g% of ,658,614, ,904, ,554,709, O 33^%ofl990 -'.- 4,848,143, ,591, ,778,552, H 3%ofl995. 1,478,536, ,787, ,316,748, ^ 33^% of ,261,264, ,805, ,109,459, Total Treasmy bonds 78,796,987, ,793,648, ,132, ,947,206, Total marketable issues 226,100,328, ,077,647, ,366,695, ,102, ,602,177, Footnotes at end of table. to CO

138 TABLE 33. Changes in public debt issues, fiscal year 1970 Continued CO o Issues Outstanding Issues during year Rederaptions Transferred to Outstanding June 30,1969 during year matured debt June 30, INTEREST-BEARING DEBT-Continued Public Issues Continued Nonraarketable: Q Certificates of indebtedness: w 5.424% foreign series --- $500,000, $250,000, $250,000, ^ 6.10% foreign series 1,000, ,000, yq 6.15% foreign series $7,000, ,000, H 6.20% foreign series ' " 100,000, ,000, ,000, B 6.30% foreign series - 15,000, ,000, ^-^ 6.35% foreign series.- 45,000, ,000, rn 6.40% foreign series ,017, ,017, M 6.45% foreign series ,300, ,300, ,000, Q 6.50% foreign series - 270,000, ,000, ,000, td 6.60% foreign series ' ,000, ,200, ,200, fel 6.65% foreign series ,000, ,000, i^ 6.80% foreign series ,000, ,000, ,000, > 6.85% foreign series 260,000, ,000, td 6.90% foreign series - 322,500, ,500, *< 7.00% foreign series - 258,000, ,000, % foreign series 505,000, ,000, % foreign series ,000, ,000, ^ 7.15% foreign series 251,000, ,000, ^ 7.20% foreign series ,500, ,500, % foreign series ' ' 100,500, ,500, g 7.35% foreign series - 17,500, ,500, ^ 7.45% foreign series. 200,000, ,000, % foreign series 40,000, ,000, \^ 7.70% foreign series - 1,116,000, ,116,000, g 7.75% foreign series.- 212,500, ,500, ^ 7.80% foreign series ,000, ,000, ^ 7.85% foreign series ,000, ,000, ^ 7.90% foreign series ,000, ,000, M 8.00% foreign series ,017, ,017, l^ 8.10% foreign series ,000, ,000, ^ Total foreign series certmcates. 287,000, ,479,034, ,805,017, ,017, td fel yji o td y^

139 Treasury notes: 4.66% foreign series. 85,000, ,000, % foreign series 200,000, ,000, % foreign series 50,000, ,000, % foreign series 10,000, ,000, % foreign series 25,000, ,000, % foreign series : 8,000, ,000, % foreign series...: 12,000, ,000, % foreign series 15,035, ,035, % foreign series 100,000, ,000, % foreign series 75,000, ,000, % foreign series. 20,000, ,000, % foreign series 117,000, ,000, % foreign series 75,000, ,000, % foreign series 50,000, ,000, % foreign series 300,000, ,000, % foreign series 50,000, ,000, ZP 6.375% foreign series 100,000, ,000, t^ 6.40% foreign series 40,000, ,970, ,029, % foreign series 100,000, ,000, % foreign series 100,000, ,000, ZP 6.84% foreign series 100,000, ,000, ^ 7.125% foreign series.. 100,000, ' ,000, o 7.35% foreign series 125,000, ,000, > 7.46%o foreign series.:: 200,000, ,000, tr" 7.55% foreign series 100,000, ,000, % foreign series 200,000, ,000, l> 7.63% foreign series 200,000, ,000, ^ 7.65% foreign series 200,000, ,000, % foreign series 50,000, ,000, g 7.85% foreign series. 100,000, ,000, ^ 7.95% foreign series.. 150,000, ,000, O 8.00% foreign series 50,000, ,000, M 8.10% foreign series 100,000, ,000, "^ Total foreign series notes 1,332,035, ,875,000, ,005,85L 24 2,374,029, Treasury bonds: 4.25% foreign series. 83,929, ,000, ,929, Certmcates of indebtedness: 6.00% foreign currency series 162,625, ,625, % foreign currency series.- 49,733,98L03 49,733,98L % foreign currency series _ 132,779, '. 132,779, % foreign currency series. 54,372, ,372, Footnotes at end of table. 00

140 CO bo TABLE 33. Chahges in puhlic debt issues, fiscal year 1970 Continued Issues Outstanding Issues during year Redemptions Transferred to Outstanding ^ June 30,1969 dmhig year matured debt June 30,1970 i g INTEREST-BEARING DEBT-Continued Public Issues^-Continued Nonmarketable Continued-... Certificates of indebtedness Continued o 7.00% foreign currency series $29,968, $29,968, M 7.10% foreign currency series -. 29,977, ,977, S 7.45% foreign currency series - 49,872, ,872, % foreign cmrency series 99,856,02L55 99,856,02L65 rn 7.73% foreign cmrency series 54, 686, ,686, fej 8.08% foreign currency series 99,791, $99,791, Q 8.125% foreign currency series 49,968, ,968, td Total foreign currency series certmcates '.'....'. $389,511,939.83" 414,121, ,873, ,759, y^... > Treasury notes: td 3.05% foreign currency series. U34,590, ,590, K< 4.43% foreign currency series. _. 7134,019, ,019, ^ 5.20% foreign currency series - 124,393,58L 29 7_i24,393,58L29 O 5.25% foreign currency series 125,760, ,760, ^ 5.28% foreign currency series 125,495, ,005, '. 135,501, ^ 5.30% foreign currency series 25,554, ,554, % foreign cmrency series - 124,865, ,865, :. g 5.40% foreign cmrency series 125,425, ,425, fel 5.46% foreign currency series 124,884,48L ,884, o foreign currency series 22,396, ,396, ^ 5.65% foreign currency series 50,144, ,144, % foreign currency series 125,505, ,996, ,501, ^ 5.77% foreign currency series 100,182, ,182, gt 6.90% foreign currency series 25,151, ,151, XH 6.125%o foreign currency series 124,987, ,987,50L 25 g 6.15% foreign cmrency series ,204, ,204, ZA 6.16% foreign currency series 30,106, ,106, ^ 6.20% foreign currency series 69,515, ,515, % foreign currency series 124,263, ,263, % foreign currency series ,811, ,395, ,705, ,501,355.00

141 6.33% foreign currency series 25,101, ,101, % foreign cmrency series 27,742, ,742, % foreign currency series '. 50,006, ,006, % foreign currency series 23,280, ,280, % foreign currency series 25,445, ,445, % foreign currency series ,720, ,720, % foreign currency series 52,251, ,251, % foreign currency series 100,857, ,857,87L % foreign currency series - 133,550, ,550, % foreign currency series-_ ,992, ,992, % foreign currency series. 48,009, ,009, % foreign currency series 27,790, ,790, % foreign currency series...: 30,243, ,243, % foreign currency series. 25,533, ,533, Total foreign currency series notes 1,977,804, ,721, ,182,666, ,215,859, ZP 3K% Treasury bonds 75,000, ,000, ^ 6.065% Treasury certmcates, maturing July 1, , , t^ 6.065% Treasury certificates, maturmg July 3, 1969._ 1,511, ,511, ZP 6.053% Treasury certmcates, maturmg July 31, ,202, ,202, g 6.456% Treasury certificates, maturing Oct. 1, , , Q 6.456% Treasury certmcates, maturhig Oct. 3, 1969_ 1,534, ,534, > 7.172% Treasury certificates, maturmg Oct. 31, ,220, ,220, tr" 1% Treasury certmcates, maturmg Dec. 15, ,700, ,700, %, Treasmy certificates, maturhig Jan. 1, , , > 7.106%, Treasury certmcates, maturhig Jan. 3, ,559, ,559, H 7.030%o Treasury certmcates, maturing Jan. 31, ,242, ,242, % Treasury certificates, maturing Apr. 1,1970 2, , g 8.096% Treasury certmcates, maturhig Apr. 3, ,586, ,586,82L % Treasury certmcates, maturhig Apr.30, ,264, ,264,10L94 g 1% Treasury certmcates, maturing June 15, ,801, ,801, U 3.50% Treasury certmcates, maturmg June 30, ,451, ,451, ^ 6.330% Treasury certmcates, matming July 1,1970 2, , % Treasury certificates, maturing July 3,1970. _ 1 1,618, ,618, %, Treasury certmcates, maturmg July 31, ,289, ,289, %, Treasury certmcates, maturing Dec. 15, ,315, ,047, ,34L %Ti-easury certmcates, maturing June 30, ,178, ,178, Total Treasury certmcates 6,733, ,654,719, ,095, ,357, Footnotes at end of table. CO

142 TABLE 33. Changes in public debt issues, fiscal year 1970 Continued CO Issues Outstanding June 30,1969 Issues during year Redemptions during year Transferred to matured debt Outstanding June 30,1970 i INTEREST-BEARING DEBT Continued Public Issues Continued Nonmarketable C ontinued U.S. savingsbonds:' SeriesE $215,290, SeriesE ,031, Series E ,472,691, Series E : 1,806,616, Series E ,593,527, SeriesE ,921, Series E ,003,685, Series E ,127,494, Series E ,194,874, Series E-1950.\ : 1,096,994, Series E ,630, Series E-1952 (January to April). : 326,888, Series E-1952 (May to December) 687,921, Series E ,248,116, Series E ,342,025, Series E ,455,653, Series E ,450,831, Series E-1957 (January). 129,304, Series E-1957 (February to December) 1,299,937, Series E ,522,493, Series E-1959 (January to May) 636,730, Series E-1969 (June to December) 859,284, SeriesE ,612,295, Series E ,794,977, SeriesE ,810,321, SeriesE ,190,109, Series E ,127,586, Series E-1965 (January to Noveraber) 1,900,942, Series E-1965 (December) ,338, Series E-1966 : 2,458,548, Series E ,565,652, Series E-1968 (January to May) _ 1,121,086, Series E-1968 (June to December) 1,624,890, Series E-1969 (January to May) - - 1,401,648, Series E-1969 (June to December) ' 61,703, $9, 086, ,743, , 687, ,481, ,289, ,461, ,846, ,820, ,495, , 606, ,352, ,927, ,167, , 821, ,352, , 961, ,253, , 690, , 291, , , 600, ,897, ,073, ,669, ,108, , 780, ,753, , 679, , 262, ,285, ,094, , 067, ,345, ,405, 033, $21, 397,, $202,979, ,112,, ,662, , 772, ,395,606, ,255, ,711,842, ,244,! ,509,573, ,389,' ,992, , 552, i 953,880, ,357, ,068,956, ,803, ,130,566, ,195, ,042,405, ,357, ,625, ,483, ,333, ,055, ,033, ,840, ,186,097, , 759, ,272,617, ,704,, ,376, ,840,; ,368,952, ,406,' , ,160, ,224,468, ,897, ,424,887, ,101, ,290, ,034, ,750, ,379, ,505,813, , 538, ,664,513, ,314, ,708,676, ,852, ,109,365, ,186, ,026,179, , 534, ( 1,810,160, , 764, ,253, , 361, ,298,449, , 522,; ,362,416, ,721, ,007,459, ,181, ,371,776, ,294, ,038,699, , 891, ,546,845, td fel hj O td H^ o fel t ^ W fel o td fel H3 > td Kj o fel ih fel h^ td fel > ZP d td Kj

143 Series E Unclassmed sales and redemptions. 40, 717, ,800, 972, ,368, , 519, , , 512,453, , 554, Total SeriesE -- 44,165,662, ,112, 594, ,111,579, ,166,677, SeriesH-1952 Series H-1953 SeriesH-1954 SeriesH-1955 Series H-1956 Series H-1957 (January) Series H-1957 (February to December). Series H-1958 Series H-1959 (January to May) Series H-1959 (June to December) SeriesH-1960 SeriesH-1961 SeriesH-1962 Series H _. SeriesH-1964 Series H-1965 (January to November).. Series H-1965 (December) SeriesH-1966 SeriesH-1967 Series H-1968 (January to May) Series H-1968 (June to Deceraber) Series H-1969 (January to May) Series H-1969 (June to December) Series H-1970 Unclassified sales and redemptions Total Series H 51,915, ,217, ,070, ,237, ,430, ,976, ,755, ,052, ,648, ,517, ,038, ,300, ,875, ,864, ,054, ,959, ,046, ,965, , 362, ,275, ,281, r 162,834, r 13,673, , 033, , 503,383, Total U.S. savings bonds.' ,669,045, U.S. savings notes:' Series S Series S-1968 (January to May) Series S-1968 (June to December)- Series S Series S-1970 Unclassified Total U.S. savings notes. Footnotes at end of table.- 87,253, ,480, ,167, ,706, ,438, , , , , , 510, ,781, , 649, ,324, ,187, ,918, ,791, ,462, ,474, ,250, ,997, ,074, ,500, ,012, ,334, ,963, ,235, ,180, ,486, ,746, , 684, ,462, ,826, ,826, ,695, ,084, , 556, , , ,334, , 755, ,481, 929, ,870,334, ,713, ,406, ,177, ,285, ,527, , , 18,250, ,684, ,811, ,738,000.93, 40, , 046, , 959, , 525, , 728, ,299, ,279, ,775, , 955, ,726, ,758, ,978, ,148, , 505, , 704, , 337, , 639, , 684, , 567, ,213, , 362, , 511, , 537, ,471, , 624, ,261, , 897, , 348, , 651, ,113, 962, , 280, 640, , 716, ,202, , 533, ,254, ,487, ,286, ,480, ZP I h-l ZP >^ hh o > Hd Hd CO. On-

144 TABLE 33. Changes in puhlic debt issues, fiscal year Continued CO Issues Outstanding Issues during year Redemptions Transferred to Outstanding ^ June 30,1969 dmmg year matmed debt June 30,19701 ^ INTEREST-BEARING DEBT Continued S. f e l Publicissues Continued Q Nonmarketable Continued td uluaiiibi/auit; v^ouiiuubu i_j U.S. retkement plan bonds:*'' 3.75%. $15,868, $595, $1,066, $16,396, Q 4.15%. :...: 17,168, ,316, , ,661, M 6%. 1,001, , , Unclassmed 18, , , ' 81, ^ Total U.S. retkement plan bonds.:..- 33,055, ,953, ,871, L-- 39,137, Depositary bonds: zp FkstSerles ,913, ,185, ,855, ,244, fej = O Treasury bonds, REA Series 20,770, , ,260, ,655, td fel Treasury bonds, investment series: '^ 2^% Series B ,458,392, ,872, ,386,520, > - td Total nonmarketable ,783,237, ,824,769, ,532,377, ,075,629,83L 82 K Total pubhc issues- 284,883,565, , 902, 416, ,899,072, $209,102, ,677,807, O T fel Special Issues ^ CivU service retirement fund: hh 7Ji certmcates 283,130, ,130, ^ 73^% certmcates 332,218, ,218,000.00, 7H% certmcates :. 981,870, ,870, % certmcates.. 365,558, ,558, S 7% certmcates 830,711, ,711, e 6^% certificates 262,821, ,821, ^ 6^% certmcates 667,415, ,415, JH 7^% notes 2,951,729, ,951,729, g 63^% notes 2,909,267, ,909,257, ^ 5^% notes 1,628,319, ,628,319, ^ 4J^% notes... 1,826,348, ,692, ,785,656, M% notes 1,758,171, ,758,171, /8% notes ,699, ,699,

145 43^% bonds 3,888,607, ,775, ,816,832, J^% bonds 1,944,434, ,227, ,864,207, ^% bonds 1,173,248, ,976, ,112,272, ^% bonds- 468,190, ,412, ,778, ^% bonds 1,640,497, ,931, ,566, Employees life insurance fund: 8.10%, certmcates 54,652, ,652, %, certmcates 8,852, ,852, % certmcates 55,000, ,000, % certificates- - 35,662, ,662, % certmcates - 60,000, ,000, % certmcates 330, , % certmcates ,142, ,142, % certmcates ,000, ,000, Federal Deposit Insurance Corporation: 8.10% certmcates 199,783, ,783, % certmcates 345,715, ,715, C/j 7.48%, certmcates 137,813, ,813, H 7.13% certificates 76,941, ,000, ,941, > 6.95% certmcates 161,653, ,653, H3 6.88% certmcates - 370,056, ,056, S 6.85% certmcates 142,576, ,576, Jj 6.81% certmcates 333,431, ,431, hn 6.80% certmcates 295,655, ,655, g 6.33% certificates 335,359, ,359, % certmcates.. 121,016, ,016, % certmcates 120,432, ,432, ^ Federal disability insurance trust fund: hh 7J^% certmcates 440,078, ,078, hg 7M% certmcates 237,800, ,800, fel 75^% certmcates 1,181,184, ,181,184, % certmcates - 390,907, ,907, M 7% certmcates 1,138,856, ,138,856, ^% certmcates 335,219, ,219, ^%) certmcates..." 628,457, ,457, H% notes. 1,394,466, ,394,466, ^%, notes..-- 1,151,608, ,161,608, ^% notes ,612, ,612, J^% notes - 6,486, ,000, ,486, % notes ,178, ,178, ^% bonds ,238, ,238, J^%, bonds ,632, ,632, M% bonds ,740, ,740, ^% bonds ,900, ,900, Footnotes at end of table. U 00

146 TABLE 33. Changes in public debt issues, fiscal year 1970 Continued CO (X) Issues Outstandhlg Issues durhig year Redemptions Transferred to Outstanding <i June 30, 1969 during year matured debt June 30,19701 o td INTEREST-BEARING DEBT-Continued fel Hd Special Issues Continued 2 td Federal home loan banks: ^ 8.10% certmcates $546,500, $546,500, ^ 7.89% certmcates 438,000, ,000,000.00".- fel % certmcates 703,000, ,000, % certificates 257,000, ,000, $199,000, % certmcates ,000, ,000, % certmcates 304,000, ,000, ^ 6.85% certmcates 418,000, ,000, ^ 6.81% certmcates 305,500, ,500, m 6.80% certificates ,500, ,500, ^ 6.33% certificates ,000, ,000, o 6.20% certificates ,500, ,500, S3 5.90% certmcates $5-2,000, ,000, fel Federal hospital insurance trustfund: h3 7J^% certificates. 404,210, ,210, > 7M% certificates 298,240, ,240, td 7^% certmcates 1,314,892, ,314,892, K} 734% certificates.. 1,043,742, ,043,742, %certmcates 1,294,194, ,294,194, O 6M% certificates 531,350, ,350, fe^ 6^% certmcates 844,210, ,210, ^%notes.. 919,358, ,358, ^%notes " 729,200, ,200, ffi 55^%notes 495,529, ,529, fel 4K%notes 157,770, ,770, ^%notes 507,441, ,206, ,235, \^ Federal old-age and survivors' insurance trust fund: 2 73^% certificates.. 2,441,447, ,441,447, ^ 7M% certmcates 1,792,525, ,792,525, ^ 7^%, certmcates. 8,221,340, ,221,340, ^ 734% certificates 2,906,186, ,906,186, ^ 7% certmcates 8,567,531, ,567,531, il 6M% certificates. 2,664,507, ,664,507, ^ 65^% certificates 4,899,301, ,899,301, ^%, notes 5,033,296, ,033,296, ^% notes 3,844,864, ,844,864,000.00

147 5^% notes 2,460,795, /^% notes 1,376,537, M%o notes 2,720,279, ^% notes. 2,581,589, ^%bonds 1,738,455, ^%bonds 1,240,088, ^% bonds 6,023,463, Federal Savings and Loan Insurance Corporation: 8.10% certificates 7.89% certificates 7.48% certificates 7.13% certificates 6.95% certificates 6.88% certificates 6.85% certificates 6.81% certificates 6.80% certificates 6.33% certificates 6.20% certificates 5.90% certificates 73,376, Federal supplementary medical insurance ti-ust fund: 73^%, certificates 7M% certificates 7^% certificates 7K% certificates 7% certificates 6M% certmcates 6^% certificates 7^% notes 6H% notes. 217,206, ^% notes 6,527, M%notes 134,238, Foreign service retireraent fund: 7>g% certificates 7M% certificates 7^% certificates 734% certificates. 7% certificates 6M%) certificates... 6^% certmcates 7^% notes 63/^% notes 5,082, % notes 18,102, % bonds 24,136, ,445, , 569, ,392, , 381, ,056, , 201, , 600, ,455, , 208, ,062, ,160, ,613, ,542, ,053, ,744, ,353, ,098, ,081, ,855, ,170, ,326, ,454, , ,426, ,048, ,395, ,721, , 526, ,485, ,445, ,569, ,392, ,200, ,056, ,201, ,600, ,455, ,208, ,062, ,160, ,376, ,613, ,542, ,053, ,744, ,353, ,098, ,081, ,644, ,527, ,238, ,170, ,326,000.00, 6,454, , ,426, ,048, ,395, ,017, ,460,795, ,080, on, ,720,279, , 581, 589, ,738,455, ,240,088, , 239,978, ,181, ,855, ,562, ,721, ,082, ,085, ,136, H ZP > Hd Hd Footnotes at end of table. CO CO

148 O TABLE 33. Changes in public debt issues, fiscal year 1970 Continued Issues Outstandmg Issues durhig year Rederaptions Transferred to Outstanding ^ June 30,1969 durmg year matured debt June H '.. Hi o INTEREST-BEARING DEBT-Continued td Special Issues Continued O Government life insurance fund: fel 734% notes $29.964, $29,964,000.00, 6% notes $32,638, ,638, % notes 64,365, ,365, ffi 4^%) notes.. 77,986, ,986, ^ 434% bonds 28,468, ,468, ^%bonds 77,120, $670, ,450, p 3^% bonds 77,992, ,992, S 33^%bonds 483,262, ,382, ,880, HH Highway trust fund: w 6% certmcates 3,683,937, ,082,200, ,601,737, \4 5>g% certificates 1,323,019, ,323,019, S 5M% certmcates 878,906, ,906, ^ 5^% certificates-. 614,733, ,733, h< 5H% certificates 782,700, ,700, % certificates 562,773, ,773, O 53^% certificates 1,512,735, ,282, ,951,017, fel National service lue insurance fund: 75^% certificates 62,449, ,449, H 7H% certmcates 1,128, ,128, S 7% certificates 43,775, ,775, fel 6M% certificates 1,128, ,128, ^% certmcates 25,656, ,656, H 63^% certificates 28,240, ,240, td 6H% certificates 9,849, ,849, fel 73^%notes 569,007, ,007, > 6M%notes 305,419, ,419, ^%notes 332,597, ,597, S 4H%notes 558,176, ,696, ,480, ^ 35^%notes 6,946, ,946, ^ 4^% bonds ,452, ,452, ^%bonds ,238, ,873, ,366, ^% bonds 932,386, ,386, CO o

149 3^% bonds 298,259, % bonds 430,031, ^% bonds 343,149, % bonds. 1,895,000, Railroad retirement account: 73^% certmcates.- - 7^% certmcates 7y%% certmcates % certmcates 7% certmcates 6J^% certmcates 6^% certificates 6^% certificates 7^% notes 63^% notes 647,948, ^% notes 482,623, >^% notes 5,552, ^% notes 416,402, ^%, bonds 578,172, % bonds 1,295,637, Railroad retirement holding account: 73^% certificates 7^% certificates 7^/^% certificates 734% certificates 7% certificates 63^% certificates 6^% certificates 6^% certmcates 63^% certificates 2,254, Railroad retireinent supplemental account: 73^% certificates ^% certificates 7^% certificates 734% certificates 7% certificates- 6J^% certmcates.. 6^% certificates 6^% certmcates 63^% certificates 5,228, ,572, ,025, ,852, ,206, ,025, ,934, ,326, ,177, ,447, , ,423, , , , , , , ,612, ,873, , ,166, ,187, ,018, ,031, ,202, ,000, ,572, ,025, ,852, ,206, ,025, ,934, ,326, ,177, ,552, ,113, ,220, ,144, , ,500, , , , , , , ,254, ,612, ,202, , ,156, ,187, ,018, ,031, ,202, ,228, , 259, ,031, ,149, ,616,000, ,447, ,948, ,623, ,289, ,952, ,493, ,923, ,671, ZJi % hh ZP y^ hh o > fel Footnotes at end of table. h^^

150 TABLE 33. Changes in public debt issues, fiscal year 1970 Continued Issues Outstanding Issues dm-ing year Redemptions Transferred to Outstanding 2 June 30, 1969 durhig year matmed debt June 30, INTEREST-BEARING DEBT Continued Hd Special Issues Continued O td Servicemen's group hfe insurance fund: h^ 6^%, certmcates $6,203, $6,203, Unemployment trustfund: O 53^% certmcates ,882,290, ,351, $10,519,939, fel 53^%, certmcates ,067,244, ,067,244, % certmcates 348,853, ,853, H^ 53^% certmcates-- 413,721, ,721, ffi 5% certmcates 191,299, ,299, fel 4J^%, certmcates ,130, ,130, ^% certificates -... $9,956,932, ,956,932, ZP Veterans' reopened insurance fund: fej 7^%, certmcates 1,911, ,911, Q 7^% certmcates.. 2,127, ,127, H% certmcates.. 11,986, ,026, ,960, g 734% certmcates 2,383, ,383, ^ 7% certmcates 6,297, ,297, fj 6^% certificates 2,107, ,107, fi 65 %, certificates 4,562, ,662, ^ 63^% certmcates 17,392, ,392, o 7^% notes 47,146, ,146, w 63/2% notes ,316, ,316, Veterans' special life insurance fund: H 4^% certificates 4,512, ,035, ,477, trj 4^% certmcates 3,481, ,481, B 43^% certificates 7,032, ,032, ^ 4H% certificates 34,651, ,779, ,430, uq 4^% notes 55,489, ,489, S 4M% notes 207,906, ,906, g > Total special issues. 66,789,505, ,245,008, ,711,422, ,323,091, ZP =====================================^^ d Total interest-bearing debt. 351,673,070, ,147,424,87L ,610,494, $209,102, ,000,898, td. y<

151 Issues Outstanding June 30, 1969 Issues during year Transferred from interest-bearmg debt Redemptions during year Outstanding June 30,1970 i MATURED DEBT ON WHICH INTEREST HAS CEASED Old debt issued prior to Apr. 1,1917: 6% Five-twenties of % compound mterest notes % loan of ^% postal savings bonds 2% consols of 1930_ 4%, funded loan of % Panama Canalloan 1961 AU other n_ Total old debt-issued prior to Apr. 1,1917 Liberty loan bonds: First Liberty loan: First 33^'s First 4's First 434's First-Second 43>!^'s Total Second Liberty loan: Second 4's Second 434's Total Third Liberty loan 434's Fourth Liberty loan 434's Total Liberty loan bonds Victory notes: Victory 3M's Victory 4M's Total Victory notes Footnotes at end of table. $19, $19, , , , , , $14, , , , , , , , , , ,531, , ,517, , , , , , , , , , , ,700.00" 330, , , ,180, ,040, ,363, , , , , , , , , , , , , , , ,177, , 009, , , ZP h^ > H^ hh ZP y^ hh O > > Hd Hd fel 1^ ^4^ CO

152 TABLE 33. Changes in puhlic debt issues, fiscal year 1970 Continued F^^ F4^ Issues MATURED DEBT ON WHICH INTEREST HAS CEASED-Con. Treasury bonds: 3H% of H% of % of H% Of % Of %o of % of M% Of ^% of M% of % of ^% of M% of % of % of (dated Mar. 15, 1941) 2M% of ^% of ^% of %of (dated Dec. 8,1939). 2% of (dated Jan. 15,1942) 2% of (datedmay 15,1942).. 2% of (dated July 15,1942) 33^% of ^% of l3<^%of % of (dated Oct. 19, 1942) 23^% of % of (dated Apr. 15,1943) 234% of %) of M% of % of % of >^% of % of (dated June 26,1944) 2% of (dateddec. 1, 1944) 2M% of Outstanding Transferred from Redemptions Outstanding June 30,1969 Issues during year interest-bearing during year June 30,1970 i debt $8, $ $8, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , o td fel Hd o td y^ o fel W fel ZP fel o td fel h9 > td Kl o fel y^ W fel td fel > ZP td K

153 2% of %) of H% of ^%, of M% of ^ of ^% of ^% of H%0fl958. 2M% of % of (dated June 1, 1945).. 234% of (dated Nov. 15, 1945). 2K%ofl960. 2^% of ^% of i^%ofl961 23^% of ^% of ^% of % of ^% of (dated Apr. 15, 1943).. 23^% of (dated Sept. 15, 1943). 2^7oofl965 23^% of <%ofl966 3^% of % of ^% of 1967 Sy8% of 1968 (dated June 23, 1960) 3K% of 1968 (dated Sept. 15,1963)... 3^% of % of 1969 (dated Aug. 15, 1962) 4% of 1969 (dated Oct. 1, 1957) 60, , , , , , , , , , ,610, ,224, , , , , ,476, , ,399, , ,489, , , , , , ,726, , ,141, , 049, $10,339, ,334, ,458, , , , , , , , , , , , , , , , , , , 966, , ,318, ,'666."66' 87,'666.*66' 27, , , ,146, , , , 439, , , , , , , , , , , ,370, , , , , , , , ,432, , ,170, ,339, , ,334, , , , , , 579, , , , 610, ,458, Ui % hh ZP H3 hh o > > Hd fel Total Treasury bonds.. 102,999, ,132, ,354, , 776, % Adjusted service bonds of , , U.S. savings bonds: Series A-1935 Series B-1936 Series C-1937 Series C-1938 Series D-1939 Series D-1940 Series D-1941 Series F-1941 Series F-1942 Footnotes at end of table. 195, , , , , ,915, 550; 00. 2,130, , , 225, , , , , , , , , , , , , , , , 693, ,827, , ,038, h-l

154 F4^ TABLE 33. Changes in public debt issues, fiscal year 1970 Continued Issues MATURED DEBT ON WHICH INTEREST HAS CEASED-Con. U.S. savings bonds Continued Ser: ries F Ser; ries F Ser; ries F Ser: ries F Ser: ries F Ser: ries F Ser; ries F Ser; ries F Ser; ries F-1951 Ser; ries F-1952 Ser; ries F Unclassified.. SerJ ries G-1941 Ser: -ies G-1942 Seri ries G-1943 Ser: -ies G-1944 Ser: ries G Ser: ries G-1946 Seri -ies G-1947 Ser: ries G-1948 Ser; ies G-1949 Ser; -ies G-1950 Series G-1951 Series G-1952 Series G Unclassified. SeriesJ-1952 SeriesJ-1953 SeriesJ-1954 SeriesJ-1955 Series J-1956 SeriesJ-1957 Series J Unclassified.. Series K-1952 Series K-1953 Series K-1954 Series K-1955 Series K-1956 Outstanding Transferred from Redemptions Outstanding June 30, 1969 Issues during year interest-bearhig during year June 30, 1970 i debt $1,773, $205, $1,567, ,559i , ,314, ,016, , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,420, , ,215, , 621, , ,216, ,135, , ,792, ,954, , ,604, , 607, , ,274, ,260, , ,781, , 987, , ,418, ,410, , ,769, , 383, , ,701, ,855, , ,305, ,081, , , , , i2_4i, , ,775,00 462, ,524, , ,120, , 017, ,061, ,956, ,829, ,622, ,207, ,442, ,052, ,390, ,817, ,158, ,658, , , i2_40, , , , ,009, , , ,774, ,143, , , 787, ,983, , ,182, ,034, , CO o td fel Hd o td o fel fel ZP o td fel H3 > td Kj o fel h3 W fel td fel > ZP d td K

155 Series K ,775, ,441, , Series K Unclassified 12-47, , , Total U.S. savings bonds 81, 698, ,098, ,599, Armed Forces leave bonds 5,017, , ,711, Treasury notes: Regular series: 5M% A , , M% A , , ^% B , , ^% C , , M% A , , m% B , , ^% A , , K% B , , zp 33^% A , , H 33^% B , , > 33^% C , , H 3%A , >^% C , % A , % B , , ^% B , ^% D , ^% A , /8% B ^% A % B , , ^%, A , % C M% A % B , % C , , ^% A , % G , H% A , ^% B , <^% A , , M% B , % B , ^% A , ^% A , ^% B , ^%A , , % B , M% C , , Footnotes at end of table. 6, UUU. UU 5, , , , , , , , , , , , , , , , , , , , S ^ t> hi ^ fel!?! M U h-l HI^ ^ij

156 TABLE 33. Changes in public debt issues, fiscal year 1970 Continued 00 Issues Outstanding Transferred from Redemptions Outstanding June 30, 1969 Issues during year interest-bearing dming year June 30,1970 i debt MATURED DEBT ON WHICH INTEREST HAS CEASED-Con. Treasury notes Continued Regular series Continued 4% A ^% B ^% A % B ^% C % D % E % F ^% G % H ^% A % B K% C % D % E ^% A % B ^% C ^% D M% E ^% A >^% B ^% C K% D-1965 (dated Apr. 8, 1964) 4% E % A ^% B ^% C % D : 4% E H% A ^% B % C M% D /^% E /^% F ^% A $64, $10, $54, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , : 82, , , , , , ,121, , , r 1,823, , ,534, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , td fel Hd o td H3 O Hrl fel ZP fel o td fel h^ > td y< o fel ^ W fel y^ td fel > ZP d td Kl

157 4M% B , , , V4% C-W68 47, ,000,00 16, i %D_ , , , ^% A ,765, ,470, , ^%j B ,410, ,025, , % C $1,421, ,421, ^% B ,369, ,369, ^% C ,145, ,145, ^%, EA , , ^% EO , , ^% EA , , ^% EO , , ^% EA , , , ^% EA , , ^% EO , , ^% EA , , , ^% EO , , ^% EA , , , )^%E , , g 1H%EA , , , t^ 13^% EO , , /^% EA , , , ^%E , , , ZP 13^% EA , , , H 13^%, EO , , , Q 13^% EA , , , > 13^%E , , tt" 1)^% EA , , Tax series > A , , B ^ A , , g B , , ^ A , , O Savings series: M C , , , "^ C , , , C , , C , , C , , C D , , D , , D , , A , , , A , , , A B , , Total Treasury notes 22,547, ,013, ,301, ,259, = ^ h-i footnotes at end of table. j4^ CO

158 TABLE 33. Changes in puhlic debt issues, fiscal year 1970 Continued o Issues Outstanding June 30,1969 Issues dmhig year Transfen-ed from interest-bearing debt Redemptions during year Outstanding June 30, 1970 i MATURED DEBT ON WHICH INTEREST HAS CEASED-Con. Certmcates of hidebtedness: Tax series: 43^% T-10 4M% TM % TJ % TS % TD ^%TS M% TM ^%TS ^% TD % TM ^% TS ^% TM %M J^% TJ ^% TM /5% TS M% TM % First-Matm-ed Mar. 15, % TD Regular: 43^% IVA % G ^% H ^% A ^% A ^% B >!% E ^% A ^% C ^% K-1946 K% E ^% F-1947 J^% C % A ^% C ^% B H% A-1958 $1, , , , , , , , , , , , $1, , , , , , , , , , , , , , , , , , , , , $1, , , , , , , , , , , , , , , , $ , , , , , , , , , , , , , td Hd O td H8 O Hrl fel ZP fel o td fel y^ > td K o fel M fel td fel > ZP d td K!

159 4% C , , M% A , , ^% C , , K%A , , , ^% B , , % A , , %!B , , ^% D , , % B , , , M% A , , % A , , , Total certmcates of indebtedness 386, , , Treasury bius, matm-ity date: June5, , , Jan. 14, , , Feb.3,1943 1, , ZP July29, , ,000,00 t^ May 19, , , g Apr.24, , , ffi Mayl5, , , ZP Sept.3, , , H Jan. 14, , , ^ July 15, , , > July 21, , , t"" July 28, , , Aug. 4, , , > Aug. 11, , , ^ Oct. 17, , , g Jan. 15, , , , g Jan. 26, , , ^ July27, , , O Mar. 1, , , '"' Nov. 21, , , X Jan. 15, , , Apr. 15, , , June 11, , , Apr. 30, , , July8, , , July 22, , , Sept. 16, , , Sept.30, , , Mar. 10, , , Mar. 24, , , Apr.28, , , Mayl9, , '. 11, May 26, , , June 16, , , Footnotes at end of table. Ol

160 TABLE 33. Changes in puhlic debt issues, fiscal year 1970 Continued Issues MATURE D DEBT ON WHICH INTEREST HAS CEASED-Con. Treasury bi Us, matmity dato Continued June 23,, 1966 July 31, 1966 Aug. 4, 1966 Sept. 15,1966 Sept. 22,1966 Oct. 13, 1966 Oct. 20, 1966 Nov. 3, 1966 Nov. 30,1966 Dec. 8, 1966 Dec. 15, 1966 Dec. 31, Jan. 12, 1967 Jan. 19, 1967 Jan. 26, 1967 Feb. 16,,1967 Feb. 23,,1967 Mar. 23,,1967 Mar. 30,,1967 Mar. 31,,1967 Apr. 6, 1967 Apr. 13, 1967 Apr. 20, Apr. 21, 1967 Apr. 27, Apr. 30, 1967 May 4, ] L967 May 11, 1967 May 18, 1967 May 25, 1967 June 8, 1967 '. June 15, 1967 June 22, 1967 June 30, 1967 July 3,1.967 July 13, 1967 July 27, 1967 July 31, 1967 Outstanding June 30,1969 Issues during year $6, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , Transferred from interest-bearing debt Redemptions dmhig year $39, , , , , , , , , , , , , , , Outstanding June 30,1970 i $6, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , I l CO <r o td fel Hd o td H o Hrl I'T! W fel Ui fel o td fel H^ > 4 o ^ H Hrl fel 1^ ^ fel ZP > d td K

161 Aug. 10, 1967 '. 60, , Aug. 31, , , , Sept.28, , , Sept. 30, , , , Oct. 13, , , Oct. 19, , , Oct. 26, ,052, , ,006.6o Oct.31, , , , Nov.24, , , Nov.30, , , Dec.21, , , Dec. 28, , , Dec.31,1967 9, , Jan.4, , , Feb. 1, , , Feb.8, , , , Feb.29, , , , rp Mar. 14, , , h^ Mai-.28, , , , > Mar. 31, , , , H A.pr. 22, , , , r^ Apr.30, , , , H May2,1968.'. 66, , hn May 9, , , o P May 23, , , , May 31, , , June 6, , , June20, , , > M June24, , , , y^ June27, , , , fej June30, , , , ^ July 5, , , , M July 11, , , H July 18, , , M July 25, , , July 31, , , , Aug.8, 1968 : 1, , Aug. 15, , , Aug.22, , , Aug. 29, , , o Aug. 31, , , , Sept. 5, , , , Sept. 12, , , , Sept. 19, , , Sept. 26, , , , Sept.30, , , , Oct.3, , , Oct , , , 66o. 00 Oct. 17, , ,000.00,_i Footnote at end of table. Oi CO

162 TABLE 33. Changes in public debt issues, fiscal year 1970 Continued Ox Issues MATURED DEBT ON WHICH INTEREST HAS CEASED Con. Treasury bius, matmity date Contmued Oct. 24, 1968 Oct. 31, 1968 Nov. 7, 1968 Nov. 14, 1968 Nov. 21, 1968 Nov.29, 1968 Nov.30, 1968 Dec.5, 1968 Dec. 12, 1968 Dec. 19, 1968 Dec. 26, 1968 Dec.31, 1968 Jan.2, 1969 Jan. 9, 1969 Jan. 16, 1969 Jan. 23, 1969 Jan. 30, 1969 Jan. 31, 1969 Feb. 6, 1969 Feb. 13, 1959 Feb. 20, 1969 Feb. 27, 1969 Feb. 28, 1969 Mar. 6, 1969 /. Mar. 13, 1969 Mar. 20, 1969 Mar.24, 1969 Mar. 27, 1969 Mar.31, 1969 Apr. 3, 1969 Apr. 10, 1969 Apr. 17, 1969 Apr. 22, 1969 Apr.24, 1969 Apr. 30, 1969 May 1, 1969 May 8, 1969 Outstanding Transferred from Redemptions Outstandhlg co June 30, 1969 Issues dming year interest-bearing during year June 30,1970 i <i debt o $19, $7, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,092, ,084, , , , , , , , , , , , , , , , , , , , , ,515, ,190, , , , , , , , , td fel Hd o $12, ^ y^ o 66, ^ i48,'666.'66 ^ 27, hp 65, , g 34, ^ 16, y " ",'666.'66 ^ 3, , , , , , , , , , , , , , , , , , , , > td Kj O fel H^ M fel H^ td fel > ZP d td Kl

163 May 15, , , , May 22, , , , May29, , , , May 31, , , , June5, ,252, ,244, , June 12, ,619, ,619, June 19, ,478, ,430, , June23, ,488, ,043, , June 26, ,109, ,030, , June30, ,001, ,903, , July 3, 1969 $54, , July 10, , , July 17, , , July 24, , , July 31, , , Aug. 7, , , Aug. 14, , , ZP Aug! 21,_1969'.'.--I--"''I----""I-"'--''-I-- i5^',00a00 -"-----''--" 19^'OOo! 00 g Aug. 28, , , Sept. 4, , , Sept. 11, , , 'ZP Sept.25, ,049, ,049, t^ Sept. 30, , , ^ Oct. 2, , _ 49, > Oct. 9, ,222, ,222, p Oct. 16, , , Oct. 23, , , > Oct. 30, _ 34, , Hd Oct. 31, , , Nov. 6, , , g Nov. 13, , , ^ Nov. 20, , , O Nov. 28, 1969 _ - 124, , H Nov. 30, , , "^ Dec. 4, , , Dec. 11, , , Dec. 18, 1969 : 2,093, ,093, Dec. 22, , , Dec. 26, , , Dec. 31, , , Jan. 2, , , Jan. 8, , , Jan. 15, , Jan. 22, , , Jan. 29, , Jan. 31, , Footnotes at end of table y ^ I A Ol Ol

164 TABLE SO. Changes in public debt issues, fiscal year./^70 Continued Ol Outstanding Transferred frora Rederaptions Outstanding Issues June 30,1969 Issues dm-ing year interest-bearing dmmg year June 30,19701 debt MATURED DEBT ON WHICH INTEREST HAS CEASED-Con. td Treasury bius, matmity date Continued HH Feb. 5, 1970 ' $162, $162, LJ Feb. 13, , , Q Feb. 19, , , HJJ Feb. 26, 1970.: 484, , ^ Feb. 28, , , Mar. 5, , , Q Mar. 12, , , fel. Mar. 19, , , Mar. 23, ,539, ,539, H Mar. 26, , , lj Mar. 31, , , fel Apr. 2, ,760, ,760, Apr. 9, ,697, ,697, ZP Apr. 16, : 964, , fel Apr.22, ,340, ,340, Q Apr.. 23, ,276, ,276, g Apr.30, ,287, ,287, g May7,1970 2,343, ,343, t^ May 14, ,587, ,587, g May 21, ,115, ,115, Z May ,080, ,080, ^ May31,1970 ' 1,509, ,509, ^ June4, 1970 " 3,162, ,162, )^ June 11, ,666, ,666, June ,900, ,900, ^ June22, ,346, ,346, M June25, 1970" June 30, ,700, ,830, ,700, ,830, g Total Treasmy bills $121,217, ,957, $115,193, ,981, H ^ = fel Treasury savings certificates: > Issued Dec. 15, , , ZP Issued Sept. 30, , , d Issued Dec. 1, , , td Total Treasmy savings certificates... 66, , y< Total matured debt onwhich interest has ceased. 341,167, ,102, , 514, ,755,

165 DEBT BEARING NO INTEREST Mortgage Guaranty Insurance Corapany tax and loss bonds. U.S. savings stamps.. Excess profits tax refund bonds: First Series _ Second Series Special notes of the United States: International Monetary Fund, various issue dates U.S. notes. Old deraand notes National and Federal Reserve bank notes Fractional currency.-.. Old series currency Silver certificates.-- Thrift and Treasm-y savings stamps -- 9, 045, ,168, , , ,000, ,539, , ,544, ,965, ,036, ,833, ,698, $5,670, , 088, , 014, , , , 817, , , 867, , 715, , , , , 000, , 539, , , 727, ,965, , 844, , 965, , 697, Total debt bearing no interest- 1, 529,485, , 758, , 893, , 526, 350, Total gross public debt ,543,723, ,173,183, 55L ,868,902, , 004, 49L 38 J;;^ ZP H^.» Revised. 1 ReconcUiation by classes to the basis of the daily Treasury statement is shown in summary table Treasury bills are shown at maturity value.' 3 Consists of a strip issued on Mar. 3, 1969, of additional amounts of Treasury bills dated July 31 and Aug. 31,1968, maturing July 31 and Aug. 31, $200,365,000 issued Mar. 3, (see footnote 3). 6 Consists of a strip issued on Aug. 25, 1969, of additional araounts of 7 series of outstanding Treasury buls dated frora Mar. 20, through Apr. 24, 1969, and raaturing each week Sept. 18, through Oct. 30, $302,934,000 issued Aug. 25, (see footnote 5). 7 The principal dollar equivalent of this security increased as a result of the revaluation of the Deutsche mark on October 26, The increase in principal dollar equivalent is offset by a corresponding decrease of interest cost over the remaining term of the security pursuant to revaluation clause as agreed upon with the Deutsche Bundesbank. 8 The principal dollar equivalent of this security increased as a result of the revaluation of the Deutsche mark on October 26, The increase in the principal amount will be absorbed by the Exchange Stabilization Fund upon rederaption. 9 Araounts issued and retired for Series E savings bonds and for savings notes include accrued discount; araounts outstanding are stated at current rederaption values. Amounts issued, retired, and outstanding for Series H are stated at par value. 10 Amounts issued, retired, and outstanding for retireraent plan bonds are stated at par with semiannual interest added when due. 11 Consists of issues in which there have been no transactions since the fiscal year 1956, for araount of each issue outstanding (unchanged since June 30,1956) see 1956 annual report, page Excess of unclassmed rederaptions over unclassmed sales. 13 Includes public debt incurred to finance expenditures of whouy owned Government corporations and other business-type activities in exchange for v/hich their securities were issued to the Treasury (see table 105). ZP hh O > > yn Hd fel Ol

166 REPORT OF THE SECRETARY OF THE TREASURY TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-June 1970 [On basis of dauy Treasury stateraents, suppleraented by special statements by the Bureau of the Public Debt on public debt transactions] Date Securities Rate of interest i Amount issued 2 Amount matured or caued or redeemed prior to maturity 3 July 1 Treasury certificates, maturing: Julyl, Oct. 1,1969 June 30, Treasury notes, foreign currency series, raaturmg Dec. 12, Certificates of indebtedness, foreign series, maturing: July 10, 1969 Aug. 13, 1969 Sept. 15, July 17, 1969 July 17, 1969 July 17,1969 July 24, July 24, 1969 July 24, 1969 Sept. 6, Sept. 5, 1969 Oct. 2, 1969 Treasury bills: Regular weekly: 3 Dated Jan. 2,1969 Redeemed in exchange for series issued July 3,1969, due Oct. 2, Redeemed in exchange for series dated July 3, 1969, due Jan. 2,1970 Redeemable for cash 3 Maturuig Oct. 2, Issued in exchange for series dated Jan. 2, Issued for cash 3 Maturing Jan. 2, Issued in exchange for series dated Jan. 2,1969 Issued for cash Regular monthly: 3 Maturhig Mar. 31,1970 Adjustments of cash issues 3 Maturhig June 30, 1970 Adjustments of cash issues 3 Treasury certificates, maturing: July 3, 1969 Oct. 3, Treasury notes, foreign currency series maturing: July 3,1969 Oct. 6, Treasury notes, foreign series, maturmg Apr. 13, Certmcates of indebtedness, foreign series, maturmg: July 17, July 24,1969 Sept. 5, 1969 Sept. 15, July 10, 1969 Aug. 13, Sept. 6,1969 Sept. 10, 1969 Sept. 10, 1969 Sept. 11, 1969 Sept. 15, Oct. 2, July 17, Sept. 5, 1969 Sept. 10, 1969 Sept. 11, July 10, July 10, 1969 Sept. 9, 1969 Sept. 11, July 10, July 17,1969 July 17, 1969 July 17, 1969 Sept. 9,1969 Footnotes at end of table. Percent , "7."342" $323, , ,000, ,000, ,000, ,000, ,000, ,770, ,143,410, ,588, ,080, , "14; 666'66"' 1,534, ,414, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, $318, ,151, r ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,770, , 588, , 920,487, , 511, ,396, ,000, ,000, ,000, ,000, , 000, ,000, ,000, ,000, , ,000, , 000, ,000, ,000,

167 STATISTICAL APPENDIX 159 TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-Ju-ne 1970 Continued Date Secm-ities Rate of interest i Amount issued 2 Aniount matmed or called or redeemed prior to maturity 3 July Percent Treasury bills: Regular weekly: Dated Jan. 9, 1969 " Redeemed in exchange for series issued July 10, 1969, due Oct. 9,1969 Redeemed in exchange for series dated July 10, 1969, due Jan. 8, Redeemable for cash Maturmg Oct. 9, Issued in exchange for series dated Jan. 9, 1969 Issued for cash - Maturing Jan. 8, Issued in exchange for series dated Jan. 9, 1969 Issued for cash Treasury certificates, maturing June 30, Certmcates of indebtedness, foreign series, maturing: Sept. 9, Sept. 9, Sept. 9, Oct.2, July 17, July 24, Sept. 9, Treasury certificates, maturing: June 30, June 30, Certificates of indebtedness, foreign cmrency series, maturing July 16, Treasm-y notes, foreign cm-rency series, maturing Oct. 16, Certmcates of indebtedness, foreign series, maturing: _ July24,, Sept.5,i Sept.9, Sept.9, Sept.9, Sept. 11, Sept. 5, Sept.5, Sept.9, Sept. 11, Certmcates of mdebtedness, foreign currency series, maturing Aug. 18, Treasury notes, foreign series, maturing Mar. 13, Treasmy bills: Regular weekly: Dated Jan. 16, Redeemed in exchange for series issued July 17,1969, due Oct. 16, Redeemed in exchange for series dated July 17,1969, due Jan. 15,1970 Redeemable for cash Matmmg Oct. 16, Issued in exchange for series dated Jan. 16, Issued for cash Maturing Jan. 15, Issued in exchange for series dated Jan. 16, Issued for cash Tax anticipation: Matming Dec. 22, Issued for cash - MaturingMar. 23, Issued for cash Certificates of mdebtedness, foreign series, maturing: Oct. 10, Oct. 17, Sept.9, Oct. 10, Treasmy certmcates, matming June 30, Footnotes at end of table. $355,784, ,243,948, ,164, ,862, ,646, ,000, , 000, , ,550, ,000, ,000, ,968, ,552, ,262,009, ,808, ,055, ,762,646, 'ii752;436i666'66'; 1,000, ,000, ,000, ,000, , $355,784, ,164, ,034,972, ,000, ,000, ,000, ,000, ,000, ,818, ,779, ,000, ,000, ,000, ,000, ,000, , ,000, ,000, , ,552, ,808, ,108,340,000.00

168 REPORT OF'THE SECRETARY OF THE TREASURY TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Rate of interest i Araount issued 2 Amount matured or called or redeemed prior to matm-ity July 22 Certificates of indebtedness, foreign series, raaturing: Sept. 5, Sept.5,1969 Sept.9,1969 Sept. 10; Sept.9,1969 Sept. 10,1969. Sept. 10,1969 Sept. 10,1969 Oct. 23, Treasury buls: Regular weekly: 24 Dated Jan. 23,1969 Redeemed in exchange for series issued July 24,1969, due Oct. 23,1969 Redeemed in exchange for series dated July 24, 1969, due Jan. 22,1970 Redeemable for cash 24 Maturing Oct. 23,1969 Issued in exchange for series dated Jan. 23,1969 Issued for cash 1 24 Maturing Jan. 22,1970 Issued in exchange for series dated Jan. 23, Issued for cash 24 Treasury certificates, niaturing June 30, Certificates of indebtedness, foreign currency series, raaturing:.july 24, 1969 Jan. 23, Certificates of indebtedness, foreign series, maturing: Oct. 23, Oct. 23,1969 Oct. 24, Sept.9,1969- Oct. 23,1969 Oct. 24, Oct. 24, Oct. 10, Oct. 10, Oct. 10, Oct. 23,1969 Sept.9,1969 Sept.9,1969 Sept. 10,1969 Sept. 11,1969 Sept. 11,1969 Sept. 11,1969 Sept. 11,1969 Sept. 15, Sept. 15, Sept. 15, Sept. 15,1969.' Oct. 10,1969 Sept.9,1969 Oct. 23,1969 Treasmy bills: Regular monthly: Dated July 31,1968 Redeemed in exchange for series issued July 31,1969, due Oct. 30,1969 Redeemed in exchange for series dated July 31, 1969, due Jan. 29,1970 Redeemable for cash Maturing Oct. 30,1969 Issued in exchange for series dated July 31,1968 Issued for cash Maturing Jan. 2,1970 Issued in exchange for series dated July 31, Issued for cash Footnotes at end of table. Percent $21,000, ,385, ,191,333, ,824, ,388, ,206, ,856, ,000, ,000, ,000, ,500, ,500, ,000, ,000, ,946, ,160,367, ,163, ,558, $4,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,385, ,824, ,896,223, ,625, ,000, ,000, "4,'666,'666.'66 4,000, , ,000, ,000, , , ,000, ,000, ,000, ,000, ,000, ,000, ,000, , ,000, ,946, ,163, ,936,498,000.00

169 STATISTICAL APPENDIX 161 TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Rate of interest i Amount issued 2 Araount matm-ed or caued or redeemed prior to maturity 3 Percent Treasury bius Continued Regular monthly Continued July 31 Dated July 31, Redeemed in exchange for series issued July 31,1969, due Apr. 30,1970 Redeemed in exchange for series dated July 31,1969, due July 31,1970 Redeemable for cash Maturing Apr. 30, Issued in exchange for series dated July 31,1968- Issued for cash Maturing July 31, Issued in exchange for series dated July 31,1968 Issued for cash 31 Treasury certificates, maturing: July 31, Oct. 31, June 30,1970 : U.S. savings bonds: & Series E SeriesE Series E SeriesE-1944 Series E-1945 SeriesE Series E-1947 Series E" 1948 Series E-1949 Series E Series E Series E-1952 (January to AprU) Series E-1952 (May to December) Series E Series E-1954 _ Series E Series E-1956 Q Series E-1957 (January) Series E-1957 (February to Deceraber) Series E Series E-1959 (January to May) Series E-1959 (June to Deceraber) Series E Series E SeriesE SeriesE-1963 fi Series E no Series E-1965 (January to November) Series E-1965 (Deceniber) Series E Series E Series E-1968 (January to May) Series E-1968 (June to December) Series E Unclassified sales and redemptions SeriesH-1952 Series H-1953 Series H-1954 _ SeriesH Series H Series H-1957 (January) Series H-1957 (February to December). _- fi Series H-1958 Series H-1959 (January to May) Series H-1959 (June to Deceraber) SeriesH-1960 fi SeriesH-1961 SeriesH SeriesH-1963 SeriesH Series H-1965 (January to November) Series H-1965 (Deceraber) SeriesH-1966 SeriesH Series H-1968 (January to May) Series H-1968 (June to Deceraber) Series H Unclassified sales and rederaptions Footnotes at end of table. $150,460, ,691, ,040, ,023, $150,460, ,040, ,201,361, ,220, ,420, , ,199, ,453, ,608, ,540, ,713, ,629, , ,713, ,606, ,192, ,255, ,309, ,787, ,936, ,226, , ,672, ,998, ,619, ,697, ,318,72L36 4,728, ,293, , ,660, ,304, ,456, , 765, , 765, ,506, , 000, ,465, , , , ,324, ,148, ,800, ,693, ,269, ,473, ,216,39L81 7,319, ,891, ,738, ,997, ,162, ,350, ,551, ,194, ,590, ,722, ,180, ,420, , ,925, ,877, , ,026, ,682, , 594, ,119, ,996, ,671, ,373, ,916, , 603, , 768, , 595, , 562, ,266, , 709, , , 027, ,539, ,212, , 066, , , 744, ,704, ,262, ,435, , 093, ,391, , 925, ,168, ,677, , 294, , , 990, ,718, , ,711, , ,000.00

170 REPORT OF THE SECRETARY OF THE TREASURY TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities,' excluding special issues, July 1969-June 1970 Continued Date Securities Rate of interest i Araount issued 2 Araount matured or caued or redeemed prior to maturity July Aug U.S. savings notes:* Series S Series S-1968 (January to May).. -. Series S-1968 (June to Deceraber) --- Series S Unclassified - U.S. retirement plan bonds - - _-- Depositary bonds. First Series -- Treasury bonds, REA Series Treasury bonds. Investment Series B Redeeraed in exchange for 13^% Treasury notes, Series EA-1974 Treasury notes, Series EA-1974 Miscellaneous Total July Certificates of indebtedness, foreign series, maturing: Sept. 15, 1969 Oct. 10, 1969 Sept. 15, 1969 Oct. 10, Treasury certmcates, maturing June 30, Treasury bills: Regular weekly: Maturing Jan. 29,1970 Adjustments of cash issues Certificates of indebtedness, foreign series, maturing: Oct. 10,1969 Oct. 10, 1969 Oct. 17, 1969 Sept. 11, Sept. 15, 1969 Sept. 16, Oct. 10, Sept. 16, 1969 Certmcates of indebtedness, foreign currency series, maturing: Aug. 6, 1969 Feb. 6, 1970 Treasury bius: Regular weekly: Dated Feb. 6, ^ Redeemed in exchange for series issued Aug. 7, 1969, due Nov. 6, 1969 Redeemed in exchange for series dated Aug. 7,1969 due Feb. 5,1970 Redeemable for cash.... Maturhig Nov. 6,1969 Issued in exchange for series dated Feb. 6,1969 Issued for cash. Matming Feb. 5, Issued in exchange for series dated Feb. 6,1969 Issued for cash Certmcates of indebtedness, foreign maturing: Oct. 17, Sept. 11,1969 Treasury certmcates, maturing: June 30, 1970 June 30, 1970 Certificates of indebtedness, foreign maturing: Sept. 16, 1969 Sept. 12, 1969 Sept. 16,1969 Oct. 10, 1969 Oct. 17, 1969 Oct. 24, 1969 Footnotes at end of table. series, series, Percent ""3.'96"' M - 13^ $208, , ,196, , 554, ,362, , , , 554, ,167, 912, , 000, ,000, ,000, , 000, , , 000, , 000, ,100, , 900, ,000, ,872, ,238, ,153, 902, ,308, ,938, i4,'666,'666."66'. 41,171, ,536, , 000, , 000, ,000, , 000, , 000, ,000, $2,330, ,477, , , (') 122, ,856, , ,554, , 983, , 753, 678, , 000, , 000, , 000, , 733, ,238, ,308, ,975,216, ,000,

171 STATISTICAL APPENDIX 163 TABLE 34. Issues, maturities, and redemptions of interest-beai'ing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Araount raatm-ed Rate of Amount issued 2 or caued or reinterest 1 deemed prior to matmity Certificates of indebtedness, foreign series, matming Continued Aug 12 Nov. 12, Sept. 11,1969 Sept. 11,1969 Sept. 15,19o Nov. 13, 1969 Sept. 16, 1969 Nov. 13, 1969 Treasury bius: Regular weekly: Dated Feb. 13, Redeeraed in exchange for series issued Aug. 14, 1969, due Nov. 13, 1969 Redeemed in exchange for series dated Aug. 14, 1969, due Feb. 13, 1970 Redeemable for cash Maturing Nov. 13, 1969 Issued in exchange for series dated Feb. 13, 1969 Issued for cash. Maturing Feb. 13,1970- Issued in exchange for series dated Feb. 13, Issued for cash - Treasury notes, Series C-1969 Reedemed in exchange for 7^% Treasury notes, Series D Redeemable for cash Treasury notes. Series D Issued in exchange for 6% Treasury notes, Series C Certificates of indebtedness, foreign series, maturing: Sept. 15, Sept. 15, Sept. 15, Sept. 15, 1969 Sept. 15, Sept. 15, Sept. 15, 1969 Nov. 12, 1969 Sept. 12, Certificates of indebtedness, foreign currency series, maturing: Aug. 18, Nov. 18, Treasury notes, foreign series, maturing Mar. 13, Certmcates of indebtedness, foreign series, maturing: Sept. 12,1969 Nov. 14, Sept. 12, 1969 Oct. 7, 1969 Nov. 13, 1969 Nov. 14, Sept. 12,1969 Nov. 12, 1969 Nov. 14, 1969 Oct. 10, 1969 Nov. 13, 1969 Treasury bihs: Regular weekly: 21 Dated Feb. 20, Redeemed in exchange for series issued Aug. 21,1969, due Nov. 20,1969 Redeemed in exchange for series dated Aug. 21,1969, due Feb. 19, Redeemable for cash 21 Maturmg Nov. 20,1969 Issued in exchange for series dated Feb. 20, Issued for cash 21 Maturhig Feb. 19,1970 Issued in exchange for series Feb. 20,1969 Issued for cash Footnotes at end of table dated Percent i.oo 7H : $16, 000, ,000, '14,'666,'666.'66'. 454, 079, ,136, 650, , 727, ,722, ,931,400, ,000, , 977, , 000, , 000, ,100, , 900, ,000, , 000, , 20,000, ,000, ,616, ,114,052, ,025, ,397, $7,000, ,000, , 000, '34,'666,'666.'66 454, 079, , 727, , 995, 289, , 931, 400, , 689, , 000, , 000, , 000, , 000, , 000, , 000, , 000, , 000, , 968, , ,000, ,000, ,000, , 616, ,025, ,964,973,

172 REPORT OF THE SECRETARY OF THE TREASURY TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Rate of interest i Aniount issued 2 Amount matured or called or redeemed prior to maturity 3 Percent Treasury bius Continued Regular weekly Continued Aug. 21 MaturingJan.8, Adjustments of cash issues Certificates of indebtedness, foreign series, maturing: Aug. 21, Sept. 12, Sept. 12, Sept. 12, Sept. 12, Sept. 16, Sept. 16, Sept. 16, Sept. 16, Oct. 7, Oct. 10, Oct.10, Nov. 14, Sept. 10, Oct. 7, Oct.10, Oct.10, ' 7.10 Nov. 14, Oct. 7, Oct.10, Oct. 24, Oct. 24, Oct. 24, Oct. 24, Oct. 24, Nov. 14,1969..: i 7.10 Treasury bills: Regular weekly: 25 Matming September 18,1969 October 30, Isssed for cash 26 Certificates of indebtedness, foreign series, maturing: Nov. 14, 1969 Nov. 14, 1969 Nov. 14, 1969 Sept. 10, Oct. 24, 1969 Nov. 14, Nov. 14, Treasm-y bills: Regular weekly: Dated Feb. 27, Redeemed in exchange for series issued Aug.28,1969, due Nov. 28,1969 Redeemed in exchange for series dated Aug.28,1969, due Feb. 26, Redeeraable for cash Matmhig Nov. 28, 1969 Issued in exchange for series dated Feb. 27, Issued for cash Matmmg Feb. 26, Issued in exchange for series dated Feb. 27, 1969 Issued for cash. Tax anticipation: Matmmg Mar. 23, 1970 Adjustraents of cash issues 28 Certmcates of indebtedness, foreign series,' maturing: Sept. 10,1969. Sept. 10, Nov. 14, Nov. 14, Treasury notes, foreign currency series, maturing June 18, U.S. savmgs bonds:* SeriesE SeriesE Series E-1943 SeriesE-1944 Footnotes at end of table $5, ,000, ,000, ,900, ,100, ,000, ,000, ,000, ,000, ,120, 538, ,000, ,000, ,482, ,118,737, ,417, ,607, , , , 569, ,500, ,422, $7,000, ,000, ,100, ,000, , 000, ,000, ,000, ,100, , 000, ,900, , 000, ,100, ,900, ,100, , 000, ,000, ,000, ,000, , 000, , 000, ,000, ,000, , ,482, ,417, , 968,235, ,000, , 000, ,000, ,000, ,182, ,312, ,245, ,259, ,

173 STATISTICAL APPENDIX 165 TABLE 34. Issues, maturities, and redemptions of interest-hearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Secmities Rate of interest i Amount issued 2 Amount matured or caued or redeemed prior to raaturity Aug. 31 U.S. savings bonds Continued Series E-1945 SeriesE Series E-1947 :. Series E-1948 Series E Series E-1950 Series E : Series E-1952 (January to April)...:..: Series E-1952 (May to December) Series E Series E-1954 :. Series E Series E : Series E-1957 (January) Series E-1957 (February to December) Series E-1958 Series E-1959 (January to May) : Series E-1959 (June to December).: Series E Series E-1961 SeriesE-1962 SeriesE-1963 :... Series E Series E-1965 (January to Noveraber) Series E-1965 (Deceraber). Series E-1966 Series E-1967 Series E-1968 (January to May) Series E-1968 (June to Deceraber). Series E Unclassmed sales and rederaptions SeriesH-1952 :.. Series H-1953 SeriesH-1954 Series H-1955 Series H-1956 Series H-1957 (January) Series H-1957 (February to DeceralDcr) Series H-1958 Series H-1959 (January to May) :... Series H-1959 (June to Deceraber) SeriesH-1960 Series H Series H SeriesH-1963 Series H-1964 Series H-1965 (January to Noveraber).i Series H-1965 (Deceraber) SeriesH SeriesH-1967 Series H-1968 (January to May). Series H-1968 (June to Deceraber) Series H-1969 Unclassified sales and rederaptions.:. 31 Treasury notes. Series C-1970 :... Adjustments of issnes ii 31 U.S. savings notes:» Series S-1967 :... Series S-1968 (January to May)......:.... Series S-1968 (June to Deceraber) ::... Series S Unclassified 31 U.S. retheraent plan bonds...: 31 Depositary bonds, Fhst Series 31 Treasury bonds, REA Series...:.. 31 Treasmy bonds, Investraent Series B Redeemed in exchange for 13^% Treasury notes. Series EA-1974 : 31 Treasury notes. Series EA Miscellaneous Total August. Percent : : OH - 4; : '""3."96"' M - m $3,182, ,872, ,258, , 722, ,335, , 077, ,292, , 671, ,168, , 675, , 905, ,119, ,100, , 420, , 879, , 502, ,468, , 890, , 471, , 276, ,723, ,477, , 241, ,098, , 019, , 941, , 992, ,070, , 690, , 474, , , , , , 079, , 253, , 217, , 223, , , , ,428, 511, $9, 675, , 026, , 566, ,495, , ,094, ,464, ,683, , , 829, , 581, , 770, , 964, , , 323, , 556, ,102, ,126, , 049, , 214, , 253, , 764, , 907, ,404, ,438, , 412, , 206, , 557, , 821, , 919, , 564, , ,137, ,195, , 815, , 213, , , 853, , 499, , 785, , 415, ,476, , 039, , 627, ,498, , 634, , 700, , , 842, , 410, , , 036, , , 274, , 659, , 621, ,310, , (9) 76, , , , ,100, ,844, 736, Footnotes at end of table.

174 REPORT OF THE SECRETARY OF THE TREASURY TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Rate of interest i Araount matured Amount issued 2 or caued or redeeraed prior to matmity 3 Percent Treasmy buls: Regular monthly: Sept Dated Aug. 31, Redeemed in exchange for series issued Aug. 31, 1969, due May 31, 1970 Redeemed in exchange for series dated Aug. 31, 1969, due Aug. 31, Redeemable for cash Maturing May 31, Issued in exchange for series dated Aug. 31, 1968 Issued for cash Maturmg Aug. 31, Issued in exchange for series dated Aug. 31, Issued for cash Matming Feb. 26, Adjustraents of cash issues.. Treasury certmcates, maturhig June 30, Certmcates of indebtedness, foreign series, maturing: Nov. 14, Nov Sept. 5, Sept. 10, Oct. 2, Oct. 7, Oct Nov. 14, Oct. 2, Oct. 7, Nov. 14, Treasury bius: Regular weekly: 10 $180,261, ,058, ,075, ,451, , ,000, ,000, ,200, , 700, ,100, ,000, ,000, DatedMar. 6, Redeemed in exchange for series issued Sept. 4, 1969, due Dec. 4,1969. Redeeraed in exchange for series dated Sept. 4, 1969, due Mar. 6, 1970 Redeemable for cash.. Matmmg Dec. 4, Issued in exchange for series dated Mar. 6, ,700, Issued for cash 1,116,711, Matmhig Mar. 5, Issued in exchange for series dated Mar. 6, 1969 Issued for cash. Treasury certmcates, maturing June 30, Certmcates of indebtedness, foreign series, maturing: Sept. 5, Nov. 14, Dec. 5, Nov. 14, Dec. 9, 1969 Sept. 10,1969 Sept. 10, Oct. 7, Dec. 10, Treasury bius: Regular weekly: , ,432, ,887, ,000, , 000, "i5,"ooo,"oo5."oo". 35,000, Dated Mar. 13, Redeemed in exchange for series issued Sept. 11,1969, due Dec. 11, Redeemed in exchange for series dated Sept. 11, 1969, duemar. 12, Redeemable for cash - 11 Maturing Dec. 11, Issued in exchange for series dated Mar. 13, ,781, Issued for cash 1,316,435, Maturing Mar. 12, Issued in exchange for series dated Mar. 13, ,625, Issued for cash - _ 996,735, Footnotes at end of table. $180,261, ,075, ,189, 672, ,000, , 000, ,200, ,800, ,700, ,588, ,013,726, ,000, ,000, , 000, , 000, , 000, ,781, ,625, ,311,890,000.00

175 STATISTICAL APPENDIX 167 TABLE 34. Issues, maturities, and redemptions of interest-hearing public securities, excluding special issues, July 1969-June 1970 Continued debt Date Secmities Rate of interest i Araount issued 2 Amount matured or caued or redeeraed prior to raaturity Sept IS Certmcates of indebtedness, maturing: Oct. 7, 1969 Oct.10,1969 Nov. 14, 1969 Dec. 11, 1969 Dec.5, 1969 Dec. 11,1969 Dec. 12,1969 Oct.10,1969 Oct.10,1969 Dec. 5, 1969 Oct. 7, Oct.10,1969 Dec. 15, 1969 Oct.10,1969 Oct. 10, ^ Nov. 14, Nov. 14, foreign Dec. 9, Oct. 2, Oct. 7, Oct. 10, Oct. 17, 1969 Dec. 11, 1969 Dec. 15, Treasury bills: Regular weekly: Dated Mar. 20, Redeeraed in exchange for series Sept. 18,1969, due Dec. 18, Redeemed in exchange for series Sept. 18, 1969, due Mar. 19, Redeemable for cash Matming Dec. 18, 1969 Issued in exchange for series "d'ate'd" Mar. 20, 1969 Issued for cash 18 Maturing Mar. 19,1970 Issued in exchange foi series dated Mar. 20, 1969 Issued for cash 18 ' Treasury certificates, maturing June 30, Certificates of indebtedness, foreign series. niaturing: Oct. 17,1969 Oct. 17, 1969 Dec. 9, 1969 Dec. 11,1969 Dec. 11,1969 Dec. 12, 1969 Dec. 15, 1969 Oct.2,1969- Oct. 17, 1969 Dec. 12, 1969 Oct series, issued da'ted' Treasury certificates, raaturing: June 30, 1970 June 30,1970 Certmcates of indebtedness, foreign scries, maturing: Oct. 17,1969 Nov. 13, Nov. 13, Nov. 13, Oct. 2, 1969 Dec. 15, 1969 Nov. 13, 1969 Nov. 13, 1969 Dec. 10, 1969 Dec. 15, 1969 Treasmy notes, foreign series, raaturing: Sept. 23, Dec. 21, 1970 Sept. 24, 1969 Jan. 18, Treasury certmcates, maturing June 30, Footnotes at end of table. Percent , , $100, 000, , 000, , 000, , 900, ,100, , 000, ,200, , , 000, ,292, ,327,746, ,958, ,740, ,416, ,000, ,000, ,009, , , ,000, ,000, ,000, ,000, , $4,900, ,100, , 000, , 000, ,000, ,000, ,000, , 000, , 000, , 000, , 000, ,000, ,000, , 000, , 000, ,292, ,9o8, ,228,296, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, , 000,

176 REPORT OF THE SECRETARY OF THE TREASURY TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Rate of interest i Amount issued 2 Amomit matured or caued or redeeraed prior to raaturity 3 Sept. 24 Certificates of indebtedness, foreign series, raaturing: Oct. 24, Dec. 10, 1969 Dec. 15, 1969 Oct.2,1969 Treasury bills: Regular weekly: 25 Dated Mar. 27,1969 Redeeraed in exchange for series issued Sept. 25,1969, due Dec. 26,1969 Redeemed in exchange for series dated Sept. 25,1969, due Mar. 26,1970 : Redeemable for cash 25 Maturing Dec. 26, Issued in exchange for series dated Mar. 27, 1969 Issued for cash 25 MaturingMar. 26, Issued in exchange for series dated Mar. 27, 1969 Issued for cash 25 Certificates of indebtedness, foreign series, maturing: Dec. 15, Dec. 15, 1969 Dec. 15,1969 Oct. 24, 1969 Dec. 10, Treasury certificates, maturing June 30, Treasury notes, foreign series maturing Mar. 13, Certificates of indebtedness, foreign series, maturing: Oct 2, : Oct. 10, 1969 Oct. 17, 1969 Nov. 13,1969. Dec. 10, Dec. 15, Dec. 15, Oct. 2, 1969 Oct.2, 1969 Oct. 2, 1969 Oct. 2, 1969 Oct.2, 1969 Oct. 10, 1969 : Oct. 17, 1969 Dec. 5, Dec. 15, Treasury notes, foreign currency series, maturing: " Sept. 29, Jan. 29, 1971 Treasury bills: Regular monthly: 30 Dated Sept. 30, Redeeraed in exchange for series issued " Sept. 30, 1969, due June 30, 1970 Redeemed in exchange for series dated Sept. 30,1969, due Sept. 30, 1970 Redeemable for cash : 30 Maturhig June 30, Issued in exchange for series dated Sept. 30, Issued for cash 30 Maturmg Sept. 30, : Issued in exchange for series dated Sept. 30,1968. Issued for cash 30 Certificates of indebtedness, foreign series, maturing: Oct. 2, 1969 Oct.2, :..-. Dec. 15, :.. Dec. 15, Treasury certmcates, maturing June 30, Footnotes at end of table. Percent $3, 000, ,807, ,318, 763, ,339, ,776, ,000, ,000, ,196, ,000, ,000, ,000, ,000, ,000, ,000, , 000, ,243, ,254, ,013, ,852, ,415, $2, 000, , 000, ,000, ,807, ,339, ,243,815, , 000, ,000, ,000, , ,200, ,000, ,000, , 000, , , 000, ,000, , 000, ,000, ,106, , 254, , 852, ,105,901, ,800, ,200, ,000, ,000,

177 STATISTICAL APPENDIX 169 TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Secmities Rate of interest i Araount issued 2 Araount raatured or caued or redeeraed prior to matmity Sept. 30 U.S. savhigs bonds: s Series E-1941._. SeriesE-1942 Series E SeriesE Series E-1945 SeriesE-1946 Series E-1947 Series E-1948 Series E-1949 Series E-1950 Series E-1951 Series E-1952 (January to April) Series E-1952 (May to December) Series E-1953 Series E-1954 Series E Series E-1956 Series E-1957 (January) Series E-1957 (February to December)... Series E-1958 Series E-1959 (January to May)... Series E-1959 (June to Deceraber) SeriesE-1960 Series E-1961 SeriesE-1962 SeriesE-1963 Series E Series E-1965 (January to Noveraber) Series E-1965 (Deceniber) Series E-1966 Series E Series E-1968 (January to May) : Series E-1968 (June to Deceniber) Series E-1969 Unclassified sales and rederaptions SeriesH-1952 Series H-1953 Series H SeriesH-1955 Series H-1956 Series H-1957 (January) Series H-1957 (February to Deceraber) Series H-1958 Series H-1959 (January to May).. Series H-1959 (June to Deceraber) SeriesH-1960 SeriesH-1961 SeriesH-1962 SeriesH-1963 Series H-1964 Series H-1965 (January to Noveraber). Series H-1965 (D eceraber) Series H-1966 SeriesH-1967 Series H-1968 (January to May) Series H-1968 (June to December) Series H-1969 Unclassified sales and redeniptions 30 Treasury notes. Series D-1971 Adjustraents of issues U.S. savings notes: s Series S-1967 Series S-1968 (January to May) Series S-1968 (June to Deceraber) Series S-1969 Unclassified 30 U.S. retireraent plan bonds 30 Depositary bonds, First Series 30 Treasury bonds, REA Series. 30 Treasury bonds, Investraent Series B Redeeraed in exchange for 1^% Treasury notes. Series EA Treasury notes, Series EA Miscellaneous.. Total Septeniber. Percent no K M IM - $370, , 815, , 329, ,197, , 049, , 733, ,287, ,485, ,161, ,005, ,268, , 606, , 377, , 565, ,870, ,995, , 718, , 685, , 090, ,437, , 629, , 847, ,097, ,460, ,621, ,324, ,663, ,775, ,691, , 496, , 476, , 760, ,482, , , 541, , , , , , ,392, , 402, , , , ,878, , 271,199, $1,965, ,148, ,012, ,706, , 645, ,165, ,213, , 280, ,928, ,852, , 567, , 682, ,033, ,920, ,123, ,554, ,046, ,220, , 558, ,983, ,632, ,893, ,982, ,117, ,660, , 537, ,822, ,632, ,242, ,189, , 408, ,707, , 226, ,177, ,819, , ,682, ,957, ,676, ,874, , ,490, ,644, , 561, ,159, ,030, ,361, ,391, ,750, , 688, ,716, , ,956, ,641, , ,067, , , 560, ,287, , 251, ,069, , (9) 94, , , , 878, ,660, ,292,197, Footnotes at end of table.

178 REPORT OF THE SECRETARY OF THE TREASURY TABLE 34. Issues, maturities, and redemptions of interest-hearing puhlic debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Rate of interest i Amount matured Amount issued 2 or caued or redeemed prior to maturity 3 Oct. Percent Treasury notes. Series EO ^ Redeemed in exchange for: 8% Treasury notes. Series E ^% Treasury notes. Series A ^% Treasury notes, Series C-1976 Redeemable for cash Treasm-y bonds of 1969 ( ) Redeeraed in exchange for: 8% Treasury notes. Series E %% Treasury notes, Series A M% Treasmynotes, Series C Redeemable for cash Treasury bonds of 1964^-69 2}4 Redeemed in exchange for: 8% Treasury notes, Series E H% Treasury notes, Series A K% Treasury notes. Series C Treasmy notes, Series E Issued in exchange for: 1M% Treasury notes. Series EO-1969 $51,415, % Treasmy bonds of 1969 ( ) 3,168,166, M% Treasmy bonds of ,898, Treasury notes, Series A~ ^ Issued in exchange for: 13^^% Treasury notes, Series EO ,660, % Treasury bonds of 1969 ( ) 870,308, }^% Treasury bonds of ,733, Treasury notes. Series C ^ Issued in exchange for: l}6% Treasury notes, Series EO ,347, % Treasury bonds of 1969 ( ) 1,108,295, ?^% Treasury bonds of ,832, Certificates of indebtedness, foreigii series, maturing: Oct. 2, ,000, Oct. 17, ,000, Dec. 15, ,000, Dec. 31, ,000, Treasury notes, foreign series raaturing Feb. 18, ,000, Treasury certificates, raaturing: Oct. 1, Jan. 1, , Treasury buls: Regular weekly: Dated Apr. 3, 1969 < Redeemed in exchange for series issued Oct. 2, 1969, due Jan. 2, 1970 Redeemed in exchange for series dated Oct. 2, 1969, due Apr. 2, 1970 Redeemable for cash Maturing Jan. 2, Issued in exchange for scries dated Apr. 3, 1969 Issued for cash Maturing Apr. 2, Issued m exchange for series dated Apr. 3, 1969 Issued for cash Certificates of indebtedness, foreign series, maturing: Oct. 2, Oct. 2, Oct. 7, Oct. 7, Oct. 10, Oct. 10, Oct. 10, Oct. 10, Oct. 10, Oct. 10, Oct. 10, Dec. 31, Oct. 17, Dec. 31, ,212, ,357,329, ,138, ,312, OOC. 00. Oct. 10, , 000, Footnotes at end of table. $51,415, ,660, ,347, , 504, ,168,166, ,308, ,108,295, ,093,061, ,898, ,733, ,832, , ,212, ,138, ,196,168, , ,000, ,900, , ,200, ,000, , 000, ,900, ,100, ,100, ,000, ,000, ,000, ,000,

179 STATISTICAL APPENDIX 171 TABLE 34. Issues, maturities, and redemptions of interest-bearing puhlic debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Rateof interest i Araount issued 2 Araount matured or called or redeemed prior to matmity Oct June 30, June 30, Certificates of indebtedness, foreign series, maturing: Oct. 10,1969 Oct. 10, 1969 Oct. 10, Oct. 23,1969 Oct. 23, 1969 Oct. 23, 1969 Nov. 13, 1969 Dec. 10,1969 Dec. 10,1969 Dec. 15,1969 Treasury bius: Regular weekly: 9 Dated Apr. 10, 1969 Redeeraed in exchange for series issued Oct. 9,1969, due Jan. 8,1970. Redeemed in exchange for series dated Oct. 9,1969, due Apr. 9, 1970 Redeemable for cash.. 9 Maturing Jan. 8, Treasury certificates, matm-ing: Oct. 3,1969 Jan. 3,1970 June 30,1970. Treasury buls: Regular weekly: Maturing Dec. 18,1969 Adjustraents of cash issues Adjustraents of exchange issues R egular raonthly: Maturing Sept. 30, 1970 Adjustraents of cash issues Treasury notes, foreign currency series, raaturing Aug. 24, 1970 Treasury certificates, maturing June 30, Certificates of indebtedness, foreign series, maturing: Oct. 17, Nov. 13, 1969 Oct. 7, 1969 Oct. 10, Dec. 15, 1969 Oct. 7, 1969 Nov. 13, Dec. 15, Treasiuy notes, foreign series maturing Nov. 2, Certificates of indebtedness, foreign currency series, raaturing: Oct. 7,1969 Apr. 7, 1970 Treasury certificates, raaturing: Issued in exchange for series dated Apr. 10, Issued for cash Maturing Apr. 9, _ - Issued in exchange for series dated Apr. 10, Issued for cash-- Certificates of indebtedness, foreign matming: Nov. 13,1969 Dec. 10, Dec. 15,1969 Dec. 15,1969 Treasury bius: Regular weekly: Maturing Mar. 26, Adjustments of cash issues Adjustments of exchange issues- - Certificates of indebtedness, foreign raaturing: Nov. 13, Dec. 15, Footnotes at end of table. 40' _ series, series. Percent $1,559, ,176, , , , ,002, ,700, ,300, ,000, ,000, ,686, ,857, ,110, , 000, ,919, ,448,721, ,208, ,386, ,000, ,000, ,000, ,000, , , , 000, $1,534, ,101, ,000, ,000, ,700, ,000, , ,372, ,100, ,000, ,300, ,000, ,500, ,000, ,000, ,000, ,000, ,919, ,208, ,347,800, ,000,

180 REPORT OF THE SECRETARY OF THE TREASURY TABLE 34. Issues, maturities, and redemptions of interest-hearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Rate of interest i Amount issued 2 Amount matured or called or redeeraed prior to raaturity Percent Treasury bills: Tax anticipation: Oct. 14 Maturing Apr. 22, Issued for cash 14 Treasury certificates, raaturing June 30, Certificates of indebtedness, foreign series, maturing: Dec. 10,1969 Dec. 10,1969 Dec. 31,1969 Dec. 15, Treasury bius: Regular weekly: 16 Dated Apr. 17, 1969 Redeemed in exchange for series issued Oct. 16, 1969, due Jan. 15, 1970 Redeemed in exchange for series dated Oct. 16, 1969, due Apr. 16, 1970 Redeemable for cash Maturing Jan. 15, 1970 Issued in exchange for series dated Apr. 17, 1969 Issued for cash 16 Maturing Apr. 16, Issued in exchange for series dated Apr. 17, 1969 Issued for cash 16 Treasury certificates, raaturing June 30, Certificates of indebtedness, foreign series, maturing: Dec. 3i, Nov. 13, 1969 Dec. 10, 1969 Dec. 15, Dec. 15, Treasury certmcates, niaturing Jan. 1, Certificates of indebtedness, foreign series, maturing: Nov. 13, 1969 Dec. 10, 1969 Dec. 10, Dec. 15, Dec. 15,1969 Dec. 15,1969 Jan. 19, Oct. 24, 1969 Dec. 10,1969 Dec. 10, 1969 Dec. 15, Jan. 20, Oct. 24, Jan. 19, 1970 : Jan. 20, 1970 Dec. 11, Dec. 15, 1969 Jan. 22, 1970 Treasury bills: Regular weekly: Dated Apr. 24, 1969 Redeemed in exchange for series issued Oct. 23, 1969, due Jan. 22, Redeemed in exchange for series dated Oct. 23, 1969, due Apr. 23, Redeemable for cash Maturing Jan. 22, Issued in exchange for series dated Apr. 24,1969. Issued for cash Maturing Apr. 23,1970 Issued in exchange for series dated Apr. 24,1969 Issued for cash Certificates of indebtedness, foreign series, maturing: Oct. 24, Dec. 9, Dec. 10,1969 Dec. 11, Footnotes at end of table. $2,006,704, , ,000, ,661, , 009, ,273, ,841, ,699, ,000, ,000, ,000, ,000, ,000, ,000, , 000, , 000, , 000, , ,804, ,252,226, ,841, , 562, ,000, , 000, ,000, ,000, $6,000, ,000, ,000, ,661,000,00 254,273, ,260,536, ,000, , , 000, ,000, ,000, , 000, , 000, , 000, , 000, ,000, ,000, , 000, ,000, ,000, ,804, ,841, ,154, 585,

181 STATISTICAL APPENDIX 173 TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Rate of interest i Amount issued 2 Araount matm-ed or called or redeemed prior to matmity Oct Certificates of indebtedness, foreign series, maturing Continued Oct. 24,1969 Oct. 24,1969 Oct. 24, Oct. 24, Oct. 24, Nov. 13,1969 Dec. 9,1969 Dec. 10,1969 Treasmy certificates, raaturing June 30, Certificates of indebtedness, foreign series, maturing: Nov Dec. 9, Jan. 26,1970 Nov. 13,1969 Jan. 27, Treasury bius: Tax anticipation: Maturing June 22, Issued for cash Certificates of indebtedness, foreign series, maturing: Nov. 13, Dec. 9, Dec. 9, Dec. 9, Dec. 11,1969 Dec. 11,1969 Dec. 15,1969 Jan. 26,1970 Jan. 27, Nov. 5, Jan. 29,1970 Nov. 5, Dec. 15,1969 Dec. 15,1969 Dec. 15,1969 Dec. 15,1969 Dec. 15,1969 Dec. 15,1969 Nov. 13, Treasury buls: Regular weekly: DatedMay 1, 1969 Redeeraed in exchange for series issued Oct. 30, 1969, due Jan. 29, 1970 Redeemed in exchange for series dated Oct. 30, 1969, due Apr. 30,1970 Redeemable for cash Maturing Jan. 29, 1970 Issued in exchange for series dated May 1, 1969 Issued for cash.. Maturing Apr. 30, 1970 Issued in exchange for series dated May 1,1969 Issued for cash Regular monthly: Dated Oct. 31, Redeemed in exchange for series issued Oct. 31, 1969, due July 31, 1970 Redeemed in exchange for series dated Oct. 31, 1969, due Oct. 31, 1970 Redeemable for cash Maturing July 31, 1970 Issued in exchange for series dated Oct. 31, 1968 _ Issued for cash. Maturing Oct. 31, 1970 Issued in exchange for series dated Oct.31,1968 Issued for cash. Footnotes at end of table. Percent $25,000, ,000, , 000, ,485, ,000, , 000, ,000, ,000, ,004,380, oo,'ooo,"ooo.'oo". 160,000, ,000, ,603, ,234,420, ,230, ,760, ,622, ,624, ,402, $3,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, , 000, , 000, ,000, , 000, ,000, ,000, ,000, ,000, ,603, ,230, ,135,335, ,622, ,402, ,066,285,

182 REPORT OF THE SECRETARY OF THE TREASURY TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Amount matured Rate of Amount issued 2 or caued or reinterest 1 deeraed prior to raaturity Percent Oct. 31 Treasury notes, foreign series, maturing: Oct. 31, Mar.25, Treasury bonds, foreign series, maturing Nov. 1, Certificates of indebtedness, foreign series, maturing: Nov. 13, Nov. 13, Nov Dec. 10, Dec. 15, Treasury certificates, maturing: Oct. 31, Jan. 31, June 30, U.S. savings bonds: s Scries E SeriesE Series E SeriesE Series E SeriesE Series E Series E Series E Series E Series E Series E-1952 (January to April) Series E-1952 (May to Deceraber) Series E Series E Series E Series E Series E-1957 (January) Series E-1957 (February to December) Series E-1958._ Series E-1959 (January to May) Series E-1959 (June to Deceraber) _ SeriesE Series E SeriesE O SeriesE Series E Series E-19o5 (January to November) «4.166 Series E-1965 (D ecember) Series E Series E Series E-1968 (January to May) Series E-1968 (June to December) Series E Unclassi fied sales and redemptions Series H Series H « Series H Series H~ Series H Series H-1957 (January) Series H-1957 (February to December) Series H Series H-1959 (January to May) Series H-1959 (June to December) Series H Series H SeriesH Series H SeriesH Series H-1965 (January to November) Series H-1965 (December) Series H Series H~ Series H-1968 (January to May) Series H-1968 (June to December)., Series H-19b Unclassified sales and redem ptions 31 Treasury notes, Series C H Adjustraents of issues n Footnotes at end of table. $125,000, ,000, ,242, $100,000, ,000, ,000, ,000, ,000, ,000, ,220, ,400, , ,620, ,860, ,309, ,017, ,736, ,787, ,520, ,140, ,765, ,220, , 054, ,895, ,281, ,021, ,808, ,975, ,617, ,488, ,236, ,454, ,446, ,383, ,715, ,910, ,135, ,390, ,445, ,344,72L35 4,569, ,468, ,742, ,085, , ,821, ,114, ,617, ,576, ,197, ,732, , 574, ,752, , 530, ,213, ,295, ,085, ,942, ,566, , 519, ,239, ,869, ,521, ,934, ,161, , ,645, ,940, ,223, ,396, ,748, ,424, ,522, ,431,98L18 313,058, ,925, ,362, ,980, , ,336, ,783, ,581, ,472, , ,327, ,138, ,686, ,751, ,455, ,110, ,009, ,474, ,834, ,780, , ,834, ,198, ,123, ,279, ,807, , ,311, _i2,632, ""4,'i86,'550.'00'--"^'----'---'"

183 STATISTICAL APPENDIX 175 TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Rate of interest i Araount issued 2 Amount matured or called or redeemed prior to maturity 3 Oct. 31 Treasury notes. Series A Adjustments of issues n U.S. savings notes: 8 Series S-1967 Series S-1968 (January to May) Series S-1968 (June to December) Series S-1969 Unclassified. 31 U.S. retirement plan bonds 31 Depositary bonds. First Series 31 Treasury bonds, REA Series. 31 Treasury bonds, Investment Series B Redeemed in exchange for: W2% Treasury notes, Series EA W2% Treasury notes. Series EO-1974-_. 31 Treasury notes. Series EA Treasury notes. Series E MisceUaneous Percent M m $12,702, , , ,095, ,977, , 208, , , , ,975, , 758, $1,837, ,334, ,820, , (8) 134, , , ,975, ,758, , 396, Total October. 31,100,822, ,652,806, Treasury bius: Regular weekly: Nov. 3 Maturmg Jan. 22,1970- Adjustments of cash issues 3 Maturhig Apr. 23,1970 Adjustments of cash issues Adjustments of exchange issues Regular monthly: 3 Maturhig July 31,1970 Adjustments of cash issues - 3 Maturing Oct. 31, Adjustments of cash issues Adjustments of exchange issues 3 Certmcates of Indebtedness, foreign series, maturing: Nov. 5, Nov. 13,1969. Dec. 10,1969 Dec. 15,1969 Jan. 19,1970 Treasury bills: Regular weekly: 4 Maturmg Jan. 29, Adjustraents of cash issues 4 Maturhig Apr. 30,1970- Adjustraents of cash issues 5 Maturing Jan. 8, 1970 Adjustraents of cash issues 6 Maturhig Apr. 9,1970 Adjustraents of cash issues 5 Certmcates of mdebtedness, foreign series, maturing: Dec. 15, Jan. 19,1970 Treasmy buls: Regular weekly: 6 Dated May 8,1969 Redeemed in exchange for series issued Nov. 6,1969, due Feb. 5, Redeemed in exchange for series dated Nov. 6,1969, due May 7, Redeemable for cash. 6 Maturing Feb. 5,1970. Issued in exchange for series dated May 8,1969 Issued for cash Maturing May 7,1970 Issued in exchange for series dated May 8, Issued for cash 6 Certmcates of indebtedness, foreign series, maturing: Jan. 19,1970 Jan. 19, Jan. 22,1970: 7 Dec. 15, Jan. 12,1970. Jan. 19,1970 Footnotes at end of table '7." 265' '7.'i27' "7.'263". '7.'647". '7.'296" , , , , , ,000, ,000, ,000, ,000, , "-i,'6o6.'66'^ ""i6,'66o.'oo'! '-i6,'6oo.'o6'^ 84,000, ,000, ,286, ,315,396, ,516, ,614, ,000, ,000, ,000, , 000, ,286, , 516, , 988,620, ,000, ,000, ,000,

184 REPORT OF THE SECRETARY OF THE TREASURY TABLE 34i.^Issues, maturities, and redemptions of interest-bearing puhlic debt securities, excluding special issues, July 1969-June 1970 Continued Date Secmities Rate of interest i Amount issued 2 Amount matured or caued or redeemed prior to raatmity Nov Treasury bius: Regular weekly: Maturing Apr. 16,1970. Adjustments of cash issues Maturhig Jan. 29,1970 Adjustments of cash issues Maturing Apr. 30,1970 Adjustments of cash issues Certificates of indebtedness, foreign series, maturing: Dec. 11, Dec. 15,1969- Dec. 30, Jan. 12, Dec. 15,1969 Jan. 12, Feb. 11,1970 Nov. 13, Dec. 5, Dec. 30,1969. Feb. 11,1970 :. Treasury notes, foreign currency series, maturing: Sept. 3, Oct. 1,1970 Dec. 2,1970. Jan. 4, Treasury bius: Regular weekly: Dated May 15, 1969 Redeemed in exchange for series issued Nov , due Feb. 13, 1970 Redeenied in exchange for series dated Nov. 13, 1969, due May 14, 1970 Redeeraable for cash- Maturing Feb. 13, Issued in exchange for series dated May 15, Issued for cash MaturingMay 14, 1970 Issued in exchange for series dated May 15, Issued for cash Treasury certiflcates, maturhig June 30, Treasury notes, foreign series niaturing, Nov. 2,1970 Certmcates of indebtedness, foreign series, niaturing: Feb. 13, 1970 Feb. 13, Dec. 5, 1969 Jan. 12, 1970 Jan. 12, 1970 Feb. 11,1970 Certificates of indebtedness, foreign currency series, maturing Nov. 18, 1969 Treasury notes, foreign currency series, maturing Feb. 18,1971 Treasury buls: Regular monthly: Maturing Oct. 31, 1970 Adjustnients of cash issues Adjustments of exchange issues Certmcates of indebtedness, foreign series, maturing:: Feb. 11, 1970 Dec. 11, Dec. 15, 1969 Dec. 15,1969 Dec. 15, 1969 Jan. 12,1970 Jan. 12, 1970 Feb. 11,1970 Feb Footnotes at end of table. Percent ""7.'628'- ""7.'263" $5, , , ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,846, OOQ ,281,512, ,392, ,677, ,553, ,000, ,000, ,799, , , $40,000, ,000, ,000, ,000, ,720, ,705, ,144, ,006, ,846, ,392, ,115,965, ,626, ,000, ,000, ,000, ,000, ,977, , 000, ,000, ,000, ,000, , ,000, ,000, ,000,

185 STATISTICAL APPENDIX 177 TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Rate of interest i Amount issued 2 Aniount matured or caued or redeeraed prior to raaturity Nov Treasury bius: Regular weekly: Dated May 22, 1969 Redeemed in exchange for series Nov. 20, 1969, due Feb. 19, 197C Redeemed in exchange for series Nov. 20, 1969, due May 21, 1970 Redeemable for cash Maturing Feb. 19, Issued in exchange for series May 22, 1969 Issued for cash.. Maturing May 21, 1970 Issued in exchange for series May 22, 1969 Issued for cash Certificates of indebtedness, maturing: Dec. 15, 1969 Dec. 15,1969 Feb. 13, 1970 Dec. 15, 1969 Feb. 25,1969 Dec. 15, 1969 Jan. 22, 1970 Feb. 13,1970 Treasury bius: Tax anticipation: Maturing Apr. 22,1970. Issued for cash Maturing June 22,1970 Issued for cash Regular weekly: Dated May 29,1969 foreign Redeemed in exchange for series issued Nov. 28, 1969, due Feb. 26, 1970 Redeemed in exchange for series 'd'ate'd' Nov. 28,1969, due May 28, 1970 Redeemable for cash i. Matming Feb. 26,1970 Issued in exchange for series May 29,1969 Issued for cash Matming May 28,1970 Issued in exchange for series Mav issued dated "d'a't'e'd' dated series. dated dated Certificates of indebtedness, foreign series, matming: Dec 15, Dec. 15, Dec. 15, Dec. 15, 1969 Dec. 15,1969 Dec. 15, 1969 Jan. 12, Jan Jan. 19, 1970 Treasury certificates, maturing June 30, '1970- U.S. savings bonds:5 SeriesE-1941 SeriesE Series E SeriesE Series E SeriesE Series E Series E Series E-1949 Series E-1950 Series E Sprips E-1952 CJanuarv to April) Series E-1952 (May to December).. Series E Series E-1954 Series E Series E-1956 Footnotes at end of table. Percent $488,554, ,312, 598, ,091, ,317, , 000, ,000, , 000, ,000, ,000, ,004,297, , 503,410, ,256, ,311,368, ,833, ,368, , ,991, ,487, , 596, , 530, ,743, ,790, ,261, ,706, ,477, ,026, , ,660, ,104, ,305, , 518, ,412, $488, 554, ,091, , , ,000, ,000, ,000, ,256, ,833, , , ,000, , ,000, ,000, ,000, ,000, ,000, ,000, ,000,000. UO 7,810, ,303, , 901, ,120, ,220, ,942, ,457, ,898, ,877, ,185, ,685,92L75 6,051, , on, ,505, ,093, ,004, ,917, ,253,763.97

186 REPORT OF THE SECRETARY OF THE TREASURY TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Secmities Rate of interest i Araount issued 2 Amount matured or caued or redeemed prior to maturity Nov ' U.S. savings bonds: s Continued Series E-1957 (January).. Series E-1957 (February t'o 'December) Series E-1958 Series E-1959 (January to May) Series E-1959 (June to D ecember). SeriesE-1960 Series E-1961 SeriesE-1962 SeriesE Series E-1964 Series E-1965 (January to Noveraber). Series E-1965 (Deceraber) Series E-1966 Series E-1967 Series E-1968 (Jahuary to May) Series E-1968 (June to Deceraber) _.. Series E-1969 Unclassified sales and rederaptions SeriesH-1952 Series H-1953 SeriesH-1954 SeriesH-1955 Series H-1956 Series H-1957 (January) Series H-1957 (February to December) Series H-1958 Series H-1959 (January to May) Series H-1959 (June to December)... Series H SeriesH-1961 SeriesH-1962 Series H-1963 SeriesH-1964 Series H-1965 (January to Noveraber). Series H-1965 (Deceraber) SeriesH-1966 SeriesH-1967 Series H-1968 (January to May) Series H-1968 (June to December) Series H-1969 Unclassified sales and redemptions Treasury no'tes, Series E-1971 Adjustments of issues n Treasury notes, Series A-1973 Adjustraents of issues n. Treasury notes, Series C-1976 Adjustments of issues U.S. savings notes:«series S Series S-1968 (January to May). Series S-1968 (June to December) Series S-1969 Unclassmed U.S. retirement plan bonds Depositary bonds, First Series Treasury bonds, REA Series _ Treasury bonds, Investraent Series B Redeemed in exchange for l}47o Treasmy notes, Series E Treasury notes, Series E Miscellaneoiis Total November Treasury bius: Regular monthly: Dec. 112 Dated Nov. 30,1968 Redeemed in exchange for series issued Nov. 30,1969, due Aug. 31,1970 Redeeraed in exchange for series dated Nov. 30,1969, due Nov. 30,1970 Redeemable for cash 1 Maturing Aug. 31, Issued in exchange for series dated Nov. 30,1968- Issued for cash Footnotes at end of table.- Percent no ^ _ O 5.00 '""3."97" M - m $ ,433,473,06 5,399, , ,122, ,261, ,765, ,481, ,245, ,183, ,130, ,094, ,001, ,186, ,182, ,923, ,190, ,893, , 251, , ,000, , , ,237, , , ,582, ,624, 557, ,208, ,458, $978, ,648, ,653, ,277, ,713, ,304, ,851, ,889, ,188, ,684, ,415, ,687, ,947, ,567, ,222, ,941, ,008, ,426, , ,037, ,387, ,149, ,498, , ,089, ,652, ,193, ,127, ,205, ,980, ,999, ,743, ,987, ,456, , ,806, ,125, , , ,184, , 647, , , 593, , C) , , ,582, ,316, ,004,840, , 208, ,467, ,086,326,000.00

187 STATISTICAL APPENDIX 179 TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Rate of Amovmt issued 2 interest 1 Amount matured or called or redeeraed prior to maturity 3 Percent Treasury bills: Continued Regular monthly. Continued Dec* 1 Matming Nov. 30,1970. Issued in exchange for series dated Nov ,1968. Issued for cash,.- 1 Certificates of indebtedness, foreign series, maturing: Dec. 5, Dec. 15, 1969 Jan. 12, 1970 Jan. 19,1970 Feb. 13, Mar. 2, Dec. 5, Jan. 26, Mar. 3, Mar. 4,1970 Treasmy bius: 7.45 Tax anticipation: 4 Maturing Apr. 22, Adjustraents of cash issues Matming June 22,1970 Adj ustments of cash issues Regular weekly: 4 MaturingMay 28, ;.028 Adjustments of cash issues 4 Dated June 5, Redeemed in exchange for series issued Dec. 4, 1969, due Mar. 5, 1970 Redeemed in exchange for series dated Dec. 4,1969, due June 4, Redeemable for cash 4 Matming Mar. 5, Issued in exchange for series dated June 5, 1969 Issued for cash Maturing June 4, Issued in exchange for series dated June 5, 1969 Issued for cash 4 Certificates of indebtedness, foreign series, maturing: Jan. 26, Mar. 4, Dec. 5, 1969 Dec. 5, Mar. 5, Mar. 4, Treasury bius: Regular weekly: 8 Matming Apr. 23, Adjustments of cash issues Adjustments of exchange issues -. 9 Certificates of indebtedness, foreign series, maturing: Jan. 12, Jan. 26, Mar. 4, Dec. 10,1969- Dec. 10,1969 Jan. 12, Mar. 4,1970 Mar. 10,1970 Treasury certmcates, maturing.tune 30, Treasury bills: Regular weekly: Maturing May 7, 1970 Adjustments of cash issues Dated June 12, Redeemed in exchange for series issued Dec. 11,1969, duemar. 12,1970 Redeemed in exchange for series dated Dec. 11,1969, due June 11,1970 Redeeraable for cash Footnotes at end of table $275,467, , ,000, ,000, ,000, ,000, , ,000, ,000, ,000, ,000, ,000, , , , ,858, ,358,936, ,028, ,209, ,000, ,000, ,000, , , ,000, ,000, ,000, ,000, , $ , ,028, ,159,881, ,000, ,000, , 000, , 000, ,000, ,000, ,000, ,473, ,199, ,396,

188 REPORT OF THE SECRETARY OF THE TREASURY TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Araount matured Rate of Amount issued 2 or called or reinterest 1 deeraed prior to maturity Dec Treasury bills Continued Regular weekly Continued Matming Mar. 12,1970 Issued in exchange for series dated June 12, Issued for cash Maturing June 11, Issued in exchange for series dated June 12, Issued for cash Certificates of indebtedness, foreign series, raaturing: Jan. 12,1970 Mar. 12,1970 Dec. 15,1969 Dec. 15,1969 Dec. 15, 1969 Dec. 15,1969 Dec. 15, Dec. 15, 1969 Jan. 12,1970 Jan. 26, 1970 Mar. 16,1970. Treasury certificates, maturing: Dec. 15,1969. June 15,1970 Treasury bonds of Redeeraable for cash Certificates of indebtedness, foreign series, maturing: Jan. 22,1970 Jan. 26, 1970 Mar. 3, Mar. 4,1970 Mar. 4, Mar. 4,1970 Mar. 4,1970 Jan. 22, 1970 Jan. 26,1970 Mar. 4, Treasury bius: Regular weekly: Dated June 19, Redeemed in exchange for series issued Dec. 18,1969, due Mar. 19,1970 Redeemed in exchange for series dated Dec. 18,1969, due June 18, Redeemable for cash Matming Mar. 19,1970 Issued in exchange for series dated June 19,1969 Issued for cash. Maturing June 18, Issued in exchange for series dated June 19,1969 Issued for cash Certificates of indebtedness, foreign series, maturing: Mar. 16, 1970.Tan. 12, 1970.: Jan. 12,1970 Jan. 12, 1970 Jan. 19, 1970 Jan. 19, Jan. 26, 1970 Jan. 26,1970 Feb. 13,1970 Feb. 13, Mar. 4,1970 Treasury bills: Tax anticipation: Maturing Dec. 22, 1969 Redeemable for cash.. Treasury certificates, maturing June 30, Treasury bonds, maturing Dec. 23, 1979 Footnotes at end of table. Percent M $294,473, ,505, 500, , ,124, :, ,000, ,000,000.00, 2, 801, ,000, ,297, ,485,149, ,262, ,617, ,000, M 21,852, ,000, $ ,000, , 000, , 000, , 000, ,000, ,000, ,700, '677,'433," 000.'00 25,000, , ,000, ,000, ,000, ,000, ,000, ,000, , 000, , 297, , 262, , 330, 240, , 000, , 000, , 000, , , 000, , 000, ,000, , 000, , 000, , 000, , 762,646,

189 STATISTICAL APPENDIX 181 TABLE 34. Issues, maturities, and redemptions of interest-hearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Rate of interest i Araount issued 2 Araount matured or caued or redeemed prior to matmity Dec Certificates of indebtedness, foreign series, maturing: Feb. 13,1970 Mar. 4, Mar. 12,1970 Feb. 13,1970 Feb. 13,1970 Mar. 5, 1970 Mar. 10,1970 Mar. 16, Mar. 24,1970 Treasm-y notes, foreign series, maturing Nov. 2,1970 Treasmy bills: Regular weekly: Dated June 26,1969 Redeeraed in exchange for series issued Dec. 26,1969, due Mar. 26,1970 Redeemed in exchange for series dated Dec. 26, 1969, due June 25,1970 Redeemable for cash.. Maturing Mar. 26, Issued in exchange for series dated June 26, 1969 Issued for cash Matm-ing June 25, 1970 Issued in exchange for series dated June 26, 1969 Issued for cash... Certificates of indebtedness, foreign series, maturing: Mar. 5"; Mar. 10, 1970 Mar. 16, 1970 Treasury certificates, maturing June 30, Certificates of indebtedness, foreign series, maturing: Feb. 13, 1970 Mar. 3, 1970 Mar. 4, Mar. 5, 1970 Mar. 12, 1970 Mar. 16, 1970 Mar. 30, 1970 Mar. 30, 1970 Feb. 13, 1970 Mar. 31, 1970 Jan. 29, 1970 Mar. 3, 1970 Mar Mar. 12, 1970 Mar. 12, 1970 Mar. 16, 1970 Mar. 16, 1970 Mar. 16, 1970 Mar. 16, 1970 Mar. 16, 1970 Mar. 30, 1970 Feb. 13, 1970 Treasury certificates, maturing June 30, Treasury bius: Regular monthly: Dated Dec. 31, Redeemed in exchange for series issued Dec. 31,1969, due Sept. 30,1970 Redeemed in exchange for series dated Dec. 31,1969, due Dec. 31,1970 Redeeraable for cash Maturing Sept. 30,1970. Issued in exchange for series dated Dec. 31, Issii6d for cash Matm-ing Dec. 31,1970 Issued in exchange for series dated Dec Issued for cash Footnotes at end of table. Percent $54,000, , 000, ,470, ,431,878, ,994, ,141, , 000, , 000, ,000, COO , 527, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,323, ,757, ,396, ,026, ,962, $2,000, , 000, ,000, ,000, , 000, , 000, , 000, , , 470, , 994, , 217, 376, , 000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, , 562, ,757, , 026, ,130,919,

190 REPORT OF THE SECRETARY OF THE TREASURY TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Rate of interest i Araount issued 2 Amount raatured or caued or redeemed prior to maturity Percent Dec. 31 U.S. savings bonds:5 SeriesE SeriesE Series E SeriesE Series E-1945_ SeriesE Series E Series E Series E Series E Series E Series E-1952 (January to April) Series E-1952 (May to December) Series E Series E Series E Series E ooi Series E-1957 (January) Series E-1957 (February to Deceraber) Series E Series E-1959 (January to May) Series E-1959 (June to December) SeriesE Series E Series E SeriesE Series E Series E-1965 (January to November) Series E-1965 (December) Series E Series E Series E-1968 (January to May) Series E-1968 (June to December) Series E-1969 (January to May) Series E-1969 (June to December) Unclassified sales and redemptions SeriesH Series H SeriesH SeriesH Series H Series H-1957 (January) Series H-1957 (February to December) Series H Series H-1959 (January to May) Series H-1959 (June to Deceraber) SeriesH Series H i65 SeriesH Series H SeriesH Series H-1965 (January to November) «4.326 Series H-1965 (December) SeriesH SeriesH Series H-1968 (January to May) Series H-1968 (June to December) Series H-1969 (January to May) Series H-1969 (June to December) Unclassified sales and redemptions 31 Treasury notes. Series D H Adjustments of issues n 31 Treasmy notes. Series D M Adjustments of issues u 31 Treasury notes. Series E Adjustments of issues " 31 Treasury notes, Series A M Adjustments of issues n 31 Treasm-y notes, Series B M Adjustments of issues u. 31 Treasury notes. Series C-1976 ly, Adjustments of issues n. Footnotes at end of table. $2,090, $1,748, ,967, , 559, , 877, ,134, ,922, , 029, ,944, ,232, ,645, ,120, ,635, ,406, ,450, , 566, ,436, , 387, , 204, ,325, ,688, , 299, , , 527, , 786, , 283, ,158, , 650, , 099, ,907, ,493, , 827, , 568, , 215, , 054, ,725, , 246, , 254, , 057, ,420, ,985, , 254, ,050, , 200, ,447, , 248, , 068, ,101, ,467, ,950, ,883, ,207, , 626, ,725, , , 517, , 065, ,311, , 514, ,134, , 750, , ,054, , 037, , 520, ,702, ,789, , 309, 615, ,991, ,417, _ 103,480, , ,382, ,378, ,324, ,533, , ,383, ,391, ,731, ,925, ,478, ,381, ,462, ,251, ,413, ,129, , ,733, ,065, , , , 286, , , 012, , ,216, ,624, ,'ooo.'oo'---'-'---! "-67," ooo.'oo"'.'--'-.'.'.'-." ," 000." OO'----".'-' ," 656.'65"-----"."-'-".' "'74,"655."5o'.".'.'."'-.".'.'-.'-.".".''.'.'--

191 STATISTICAL APPENDIX 183 TABLE 34. Issues, maturities, and redemptions of interest-hearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Secmities Rate of hiterest i Amount issued 2 Amount matured or caued or redeemed prior to maturity Dec Jan. 1 U.S. savings notes:» Series S Series S-1968 (January to May) Series S-1968 (June to Deceraber).. Series S-1969 Unclassified U.S. retirement plan bonds Depositary bonds. First Series... Treasury bonds, REA Series Treasury bonds, Investment Series B Redeemed in exchange for 13^^% Treasm-y notes, Series EO Treasury notes. Series E Miscellaneous. Total December,. Treasury certificates, maturing: Jan. 1,1970 Apr. 1, 1970 Treasury bills: Regular weekly: Dated July 3,1969 Redeemed in exchange for series issued Jan. 2, 1970, due Apr. 2, Redeemed in exchange for series dated Jan. 2,''1970, due July 2, Redeeraable for cash Maturing Apr. 2, 1970 Issued in exchange for series dated July 3, 1969 Issued for cash Maturing July 2, 1970 Issued in exchange for series dated July 3, 1969 Issued for cash Certificates of indebtedness, foreign series, maturing Mar. 31,1970 Treasury certificates, maturing: Jan. 3, 1970 Apr. 3, 1970 Certificates, of indebtedness, foreign series, maturing: Jan. 19,1970 Feb. 13,1970 Mar. 16, 1970 Treasury bius: Regular monthly: Maturing Apr. 30, 1970 Adjustraents of cash issues. Certificates of indebtedness, foreign series, maturing: Jan. 19,1970 Mar. 31, 1970 Jan. 19, 1970 Jan. 19, Feb. 13,1970 Feb. 13, Feb. 13, Feb. 13, Mar. 6, Mar. 16, Apr. 8, 1970 Treasury notes, foreign currency series, maturing: Apr. 2, July 2, Treasury bills: Regular weekly: Dated July 10,1969- Redeemed in exchange for series issued Jan. 8, 1970, due Apr. 9, Redeemed In exchange for series dated Jan. 8,1970, due July 9, 1970 Redeemable for cash Footnotes at end of table. Percent '97" M $493, , , 546, , 563, ,610, ,845, , 553, i,'o66,'o55.'65' 16,741,068, , ,350, ,377,910, ,245, ,431, ,000, ,586, ,000, ,000, , ,000, ,000, ,017, $1,813, ,050, ,070, , («) 62, , , , 066, ,310, , 512,374, , ,350, , 245, , 283,614, , 559, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,760, ,987, ,372, , 694, , ,

192 REPORT OF THE SECRETARY OF THE TREASURY TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Rate of mterest i Araount issued 2 Araount matured or called or redeeraed prior to matmity Percent Treasury bius: Continued Regular weekly: Continued Jan. 8 Maturing Apr. 9, 1970 Issued in exchange for series dated July 10, 1969 Issued for cash 8 Maturing July 9, 1970 Issued in exchange for series dated July 10, Issued for cash 9 Certificates of indebtedness, foreign series, maturing: Mar. 16, 1970 Mar. 31, 1970 Mar. 31, Apr. 8, Apr. 8, 1970 Apr. 13, Mar. 31, 1970 Apr. 8, Mar. 31, 1970 Apr. 8, Mar. 5, 1970 Apr. 8, 1970 Apr. 8, 1970 Apr. 8, 1970 Apr. 8, 1970 Apr. 13, 1970 Miar. 31, Treasury notes, foreign series, raaturing: Jan. 15, 1970 Jan. 15, 1970 Apr. 22, Treasury bills; Regular weekly: 15 Dated July 17, Redeeraed in exchange for series issued Jan. 15, 1970, due Apr. 16,1970_ Redeemed in exchange for series dated Jan. 15,1970, due July 16,1970. Redeemable for cash Matmhig Apr. 16, 1970 Issued in exchange for series dated July 17,1969. Issued for cash Maturing July 16,1970 Issued in exchange for series dated July 17,1969 Issued for cash Treasury notes, foreign currency series, matming: Apr. 3, 1972 July 5, Treasury bius: Regujar monthly: 16 Matmmg Sept. 30, Adjustments of cash issues 16 Certificates of indebtedness, foreign series, maturing: Apr. 13, Apr. 16, Apr. 13,1970 Mar. 31, Mar. 3, Mar. 10, Mar. 10,1970 Mar. 31, Mar. 16, Mar. 31, Apr. 8, 1970 Apr. 13, Apr. 8, CO Footnotes at end of table. $393, 372, ,410,657, ,694, ,776, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,544, ,481,466, ,358, ,000,971, , ,000, "i9,'oo5,'o55."o5" 3, ,000, ,000, ,000, ,000, $3, 000, , 000, , 000, , 000, ,000, ,000, ,000, ,000, ,000, , 000, , 000, , 544, ooo.'oo 204,358, ,380, 631, ,865, ,884, ,000, ,000, ,000, ,000, ,000, ,000,000.00

193 STATISTICAL APPENDIX 185 TABLE 34. Issues, maturities, and redennptions of interest-bearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Rate of interest i Amount issued 2 Amount matured or called or redeemed prior to matm-ity Percent Treasmy bills: Regular weekly: Jan. 22 Dated July 24, Redeemed in exchange for series issued Jan. 22,1970, due Apr. 23,1970 Redeemed in exchange for series dated Jan. 22,1970, due July 23,1970. Redeemable for cash 22 MaturmgApr. 23, Issued in exchange for series dated July 24,1969. Issued for cash Maturing July 23, Issued in exchange for series dated July 24, :.-.. Issued for cash Certificates of indebtedness, foreign currency" series, maturing: Jan. 2C1970 July 23,1970. Treasury bills: Regular monthly: 23 Maturing Dec. 31,1970 Adjustments of cash issues 23 Certificates of indebtedness, foreign series, maturing: Mar. 16, Mar. 16,1970 Apr. 8, Mar. 16,1970 Mar Mar. 16,1970 Apr. 8,1970 Treasmy bius: Regular monthly: 27 Matming Sept. 30,1970 Adjustments of cash issues Adjustments of exchange issues 28 Certificates of indebtedness, foreign series, maturing Apr. 8, Treasmy notes, foreign currency series, maturing: Feb. 19,1973 Feb. 19, Oct. 2, Oct. 2, : Treasmy bills: RegiUar weekly: 29 Dated July 31,1969 Redeemed in exchange for series issued Jan. 29,1970, due Apr. 30,1970 Redeemed in exchange for series dated Jan. 29,1970, due July 30,1970. Redeemable for cash , Maturhig Apr. 30, Issued in exchange for series dated July 31, Issued for cash 29 Maturing July 30, Issued in exchange for series dated July 31, Issued for cash 29 Certificates of indebtedness, foreign series, maturing: Jan. 29, Mar. 16, Apr.8, Apr.8, Apr. 29, Mar. 16,1970 l' 7.70 Mar.31, Mar.31, Mar.31, Mar.31, Footnotes at end of table $370,542, ,431; 525, ,653, ,544, ,791, ,000, ,000, ,000, ,000, , , ,393, ,590, ,263, ,019, ,436, ,436,313, ,477, ,000, $370,542, ,653, ,274, 997,000.OQ 99,856, ,000, ,000, ,000, ,000, ,436, ,477, ,233,728, ,000, ,000, ,000, ,000, "64,"55o,'ooo.'o6 21,000, ,000, ,000, ,000,000.00

194 REPORT OF THE SECRETARY OF THE TREASURY TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Rate of interest i Amount issued 2 Amount matured or called or redeemed prior to maturity Percent Jan. 30 Treasury notes, foreign series, maturing: Jan. 30, May 20, Treasury notes, foreign currency series maturing: Jan. 30, Jan. 30, Junel, Treasm-y certificates, maturing: June30, Jan. 31, Apj. 30, U.S. savings bonds: ^ SeriesE SeriesE ,7 Series E O SeriesE Series E SeriesE Series E Series E Series E Series E Series E Series E (January to April) Series E-1952 (May to December) Series E Series E Series E Series E Series E-1957 (January) Series E-1957 (February to December) Series E Series E-1959 (January to May) Series E-1959 (June to December) SeriesE Series E SeriesE SeriesE Series E-1964 _ Series E-1965 (January to November) Series E-1965 (December) Series Series E Series E-1968 (January to May) Series E-1968 (June to December) Series E-1969 (January to May) Series E-1969 (June to December) Unclassified sales and redeniptions SeriesH Series H SeriesH-1954 «3.673 SeriesH Series H SeriesH-1967 (January) Series H-1957 (February to December) Series H Series H-1959 (January to May) Series H-1959(June to Deceniber) SeriesH SeriesH Series H-1962._ SeriesH SeriesH Series H-l965(January to November) Series H-1965 (December) SeriesH SeriesH SeriesH 1968(January to May) Series H-1968(June to December) Series H-1969 (Jan uary to May) Series H-1969(June to December) Unclassified sales and redemptions 31 Treasury notes, Series D y Adjustments of issues n 31 Treasury notes. Series E Adjustments of issues n Footnotes at end of table. $100,000, ,533, $100,000, ,425, ,554, ,546, ,406, ,242, ,264, IOL , ,378, ,241, , 659, ,407, ,019, ,601, ,657,68L36 4,585, ,812, ,663, , ,589, ,433, ,975,49L81 6,294, ,653, ,356, ,815, ,168, ,230, ,381, ,315, ,805, ,352, ,814, ,819,37L40 7,109, ,950, ,585, ,239, ,452, ,364, ,853,813' , , ,593, ,224, ,857, ,152, ,547, ,524, ,591, ,008, ,233, ,221, ,558, ,158, ,297, ,954, ,704, ,454, ,753, , ,183, ,255, ,254, ,485, ,518, ,827, ,092, ,931, ,260, ,457, ,92L ,958, ,920, ,356, ,905, ,240, ,027, , ,458, ,798, ,983, ,250, , ,199, ,671, ,295, ,405, ,471, ,741, ,154, ,043, ,126, ,533, , ,993, ,206, , , ,300, , , ,372, , ,841, ,081, "-7,'027,'555.'55".'--.'.''.'.'.'--r--."' 9," 655^

195 STATISTICAL APPENDIX 187 TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Rate of interest i Araount issued 2 Araount matm-ed or called or redeemed prior to maturity Jan. 31 Treasury notes. Series A Adjustraents of issues u Treasury notes, Series C-1976 Adjustments of issues n U.S. savings notes:8 Series S-1967 Series S-1968(January to May) Series S-1968 (June to December) Series S-1969 Unclassified U.S. retirement plan bonds Depositary bonds. First Series. Treasury bonds, REA Series 31 ol Treasury bonds, Investnient Series B Redeeraed in exchange for iy% Treasm-y notes, Series EO Treasury notes. Series E MisceUaneous Feb Percent 73^ iy" M m $5, , , , ,392, ,8n.00 3,123, , ,975, $1,303, ,468, ,784, , (8) 212, , , ,975, ,286, Total January.-. 17,286,767, ,997,192, Treasury bius: Regular monthly: Dated Jan. 31, Redeeraed in exchange for series issued Feb. 2,1970, due Oct. 31, Redeeraed in exchange for series dated Jan. 31,1970, due Jan. 31,1971 Redeemable for cash - Maturing Oct. 31, Issued in exchange for series dated Jan. 31, Issued for cash.-. Matming Jan. 31, Issued in exchange for series dated Jan. 31, Issued for cash.. 2 Treasury certificates, maturing June 30, Certificates of indebtedness, foreign series, maturing: Apr. 8,1970 Apr. 8, 1970 Mar. 10,1970 Mar. 31,1970 Apr. 20, 1970 Apr. 27, Mar. 31,1970 May 4, 1970 Treasury bius: Regular weekly: 3 Maturing Apr. 2,1970 Adjustments of cash issues 3 Maturing July 2,1970 Adjustments of cash issues. Regular monthly: 3 Maturing Sept. 30,1970 Adjustments of cash issues 4 Matm-ing Oct. 31,1970 Adjustments of cash issues 4 Maturing Jan. 31, 1971 Adjustments of cash issues 4 Matming Apr. 30, 1970 Adjustments of cash issues Regular weekly: 4 ' Maturing Apr. 9,1970 Adj ustments of cash issues Adjustments of exchange issues 4 Maturing July 30,1970 Adjustments of cash issues Adjustments of exchange issues. 4 Certificates of indebtedness foreign series, matming: Mar. 16, Mar. 31, Footnotes at end of table ' C ;816, , 782. ooo; ,191, ,607, ,358, ,000, ,000, ,000, ,000, ,000, ,500, , , , ,233, ,192, , , , , , ,000, , , 200,816, ,191, ,659, , 000, , 000,

196 REPORT OF THE SECRETARY OF THE TREASURY TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Rate of interest i Araount matured Aniount issued 2 or called or redeeraed prior to maturity Perceiit Treasmy bius: Regular monthly: Feb. 5 Matm-ing Apr. 30, Adjustments of cash issues 5 Maturing Jan. 31, Adjustments of cash issues Regular weekly: 5 Maturing July 9, Adjustments of cash issues. 5 Matm-ing July 30, Adjustments of cash issues. J. 5 Dated Aug. 7, Redeemed in exchange for series issued Feb. 5, 1970, due May 7, 1970 Redeemed In exchange for series dated Feb. 6, 1970, due Aug. 6,1970 Redeemable for cash 6 Matming May 7, Issued in exchange for series dated $9, , , , Aug. 7, ,371, Issued for cash 1,277,591, Matm-mg Aug. 6, Issued in exchange for series dated Aug. 7, , 652, Issued for cash 823, 967, Certificates of indebtedness, foreign currency series, matm-ing: Feb. 6, Aug. 6, ,968, Certificates of indebtedness, foreign series, matm-hig: Mar. 16, ,000, Mar. 31, ,000, May 6, , 000, Treasury bills: Regular weekly: 9 Maturing Apr. 9, Adjustments of cash issues 30, Adjustments of exchange issues -30, Certificates of indebtedness, foreign series, maturing: May 6, Mar. 16, , 000, May 11, , 500, Mar. 16, Mar. 16, Treasury bills: Regular monthly: 12 Maturmg Jan. 31, Adjustments of cash issues 21, Regular weekly: 12 Matming July 9, Adjustments of cash issues. -130, Matming Apr. 16, Adjustments of cash issues. -5, Adjustments of exchange issues 6, Maturhig July 16, Adjustments of cash issues 6, , Adjustments of exchange issues -10, Dated Aug. 14, Redeemed in exchange for series issued Feb. 13,1970, due May 14,1970 Redeemed in exchange for series dated Feb. 13, 1970, due Aug. 13, Redeemable for cash 13 Maturhig May 14, Issued in exchange for series dated Aug. 14, ,820, Issued for cash 1,197,058, Matming Aug. 13, Issued in exchange for series dated Aug. 14,1969 Issued for cash _._._ 13 Certtficates of indebtedness, foreign series, matming Mar. 16, Treasury notes, foreign series, matming Nov. 2, Footnotes at end of table. 302,714, , 948, , 000, $523, 371, , 652, ,102, 905, ,872, ,000, ,000, , 000, ,820, ,714, ,104,273, ,

197 STATISTICAL APPENDIX 189 TABLE 34. Issues, maturities, and redemptions of interest-hearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Rate of interest i Amount issued 2 Amount raatured or called or redeemed prior to niaturity Percent Feb. 15 Treasury bonds of 1970 ( ) 4.00 Redeemed in exchange for: 83^% Treasury notes. Series F : $1,583,986, ^% Treasury notes. Series B ,245,119, % Treasury notes, Series A ,140,528, Redeeraable for cash 411,785, Treasury bonds of y Redeeraed in exchange for: 81^% Treasury notes. Series F ,399, H% Treasm-y notes, Series B ,282, % Treasury notes, Series A ,096, Treasury notes. Series F Issued in exchange for: 4% Treasury bonds of 1970 ( ). $1, 583,986, ^% Treasmy bonds of ,399, Treasmy notes. Series B ^.- Issued in exchange for: 4% Treasmy bonds of 1970 ( ) 1,245,119, ^ Treasmy bonds of , Treasmy notes. Series A Issued hi exchange for: 4% Treasury bonds of 1970 ( ) 1,140,528, ^% Treasury bonds of ,096, Certtficates of indebtedness, foreigii series, maturing: Mar. 16, May 6, Mar. 16,1970 Mar. 16, Mar. 16, Mar. 16, Mar. 12,1970 Mar. 16,1970 ^ ,000, ,000, ,000, ,000, _... May 19,1970 Treasmy bills: RegrUar weekly: 19 Dated Aug. 21, Redeemed in exchange for series issued Feb. 19,1970, due May 21,1970 Redeemed in exchange for series dated Feb. 19,1970, due Aug. 20, Redeemable for cash 19 Maturing May 21, Issued in exchange for series dated Aug. 21, ,826, Issued for cash 1,207,759, Matm-ing Aug. 20, Issued in exchange for series dated Aug. 21,1969 Issued for cash _ Regular monthly: 20 Maturing Jan. 31, Adjustments of cash issues Adjustraents of exchange issues 24 Certtficates of indebtedness, foreign series, matming: May 19, Feb. 25, Mar. 12,1970 Mar. 16,1970 Mar. 16, Mar. 16,1970 May 19,1970 May 25,1970 Treasury bius: Regular monthly: 26 Maturing Apr. 30,1970 Adjustments of cash issues Adjustments of exchange issues Regular weekly: 26 Dated Aug. 28, Redeeraed in exchange for series issued Feb. 26,1970, due May 28,1970- Redeemed in exchange for series dated Feb. 26,1970, due Aug. 27,1970 Redeemable for cash Footnotes at end of table ,600, ,738, , , ,000, , , ,000, ,000, ,000, ,000, , 000, ,826, , 600, ,106,148, ,000, ,000, , 000, ,000, , 000, , 000, ,000, ,115, , 225, ,064,306,

198 REPORT OF THE SECRETARY OF THE TREASURY TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues,, July 1969-June 1970 Continued Date Securities Rate of interest i Amount issued 2 Amount matured or called or redeemed prior to maturity Feb. 26 Treasmy bills Continued Regular weekly Continued Matming May 28,1970 Issued in exchange for series dated Aug.28,1969. Issued for cash 26 Maturing Aug. 27,1970 Issued in exchange for series dated Aug. 28,1969 Issued for cash 26 Certificates of indebtedness, foreign series, 27 matming: Mar. 16,1970 May 26,1970 Mar. 16, Mar. 31, Treasm-y certificates, maturing June 30, U.S. savings bonds: ^ SeriesE-1941 SeriesE-1942 Series E SeriesE-1944 Series E-1945 SeriesE Series E-1947 Series E-1948 Series E-1949 Series E-1950 Series E-1951 Series E-1952 (January to April) Series E-1952 (May to December) Series E Series E-1954 Series E-1955 Series E-1956 Series E-1957 (January) Series E-1957 (February to Deceraber) Series E-1958 Series E-1959 (January to May) Series E-1959 (June to Deceraber) SeriesE Series E-1961 SeriesE-1962 SeriesE Series E-1964 Series E-1965 (January to Noveraber) Series E-1965 (Deceraber) Series E-1966 Series E-1967 Series E-1968 (January to May) Series E-1968 (June to Deceniber) Series E-1969 (January to May)-- Series E-1969 (June to Deceraber) --- Unclassified sales and rederaptions SeriesH Series H-1953 Series I-I Series I-I Series H Series H-1957 (January) Series H-1957 (February to December) Series H Series.H-1959 (January to May) Series H-1959 (June to December) SeriesH Series H SeriesH-1962 SeriesH-1963 SeriesH-1964 Series H-1965 (January to November) Series H-1965 (December) SeriesH-1966 SeriesH-1967 Series H-1968 (January to May) Series H-1968 (June to December) Series H-1969 (January to May) Footnotes at end of table; '. Percent $596,115, , 205, 002, ,225, , 553, , 000, e , , , 2, 591, ,410, ,449, , 276, , 830, , 206, ,672, , 280, , 219, , 309, , 694, , 237, , 660, , 961, ,191, , 068, , 371, , 792, , 415, , 475, , 796, , 070, ,804, , 795, , 489, ,124, ,149, ,131, ,101, ,044, , 998, , 706, , 239, , , , , $15, 000, , 000, , 000, , 869, , 662, , 755, ,939, , 967, , 795, , 321, , 706, , 932, ,921, , 284, , 577, , 753, ,150, , 235, , 536, , 360, , 709, , , 094, , 038, , 239, ,123, , 878, , 361, , 242, ,114, , 642, , 754, , 449, , 942, , 860, , 273, , 503, , 940, , 772, ,836, , , , 949, , 565, , , 627, , ,129, , 895, , 988, , 825, ,132, ,191, , 801, , 447, ,173, ,118, , 389, ,

199 STATISTICAL APPENDIX 191 TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Rate of interest i Amount issued 2 Aniount matm-ed or called or redeemed prior to maturity Percent Feb. 28 U.S. savings bonds: 5 Continued Series H-1969 (June to Deceraber) $ , Series H ,108, Unclassified sales and redemptions 13,361, Treasury notes, Series E Adjustments of issues 11 1, Treasmy notes. Series A % Adjustments of issues n 28 Treasmy notes, Series C ^ Adj ustments of issues n U.S. savings notes: Series S Series S-1968 (January to May) Series S-1968 (June to December) Series S-1969 Unclassified 28 U.S. retirement plan bonds 28 Depositary bonds, First Series 28 Treasm-y bonds, REA Series 28 Treasury bonds, Investnient Series B Redeemed in exchange for 13^% Treasury notes. Series EO M 4, , , , , ,172, , 038, , , Treasury notes, Series E ^ 4,124, Miscellaneous 150,357, , 774, ,563, ,561, ,000, , 000, , 000, ,000, $704, , ,151, , 339, ,439, ,052, , (e) 302, , , ,124, , 918, Total February.. 21,346,977, ,416,822, Treasury bills: Regular raonthly: Mar Dated Feb. 28, Redeemed in exchange for series issued Mar. 2, 1970, due Nov. 30, 1970 Redeemed in exchange for series dated Feb. 28,1970, due Feb. 28, Redeemable for cash Matming Nov. 30, Issued in exchange for series dated Feb. 28,1969 Issued for cash Matming Feb. 28, Issued in exchange for series dated Feb. 28, Issued for cash Treasm-y notes, foreign series, maturing June 17, Certificates of indebtedness, foreign series, maturing: Mar. 2, Mar. 16, Mar. 31, June 2, Treasm-y bills: Tax anticipation: Matm-ing Apr. 22, Issued for cash Certificate of indebtedness, foreign series, maturing: Mar. 16, Mar. 16, Mar. 16, Treasury bills: Regular weekly: Dated Sept. 4, Redeeraed in exchange for series issued Mar. 5,1970, due June 4, Redeemed in exchange for series dated Mar. 5,1970, due Sept. 3,1970 Redeeraable for cash Maturing June 4, Issued in exchange for series dated Sept. 4, ,459, Issued for cash 1,273,641, Maturing Sept. 3, Issued in exchange for series dated Sept. 4, ,728, Issued for cash. 974,952, Footnotes at end of table. 1, 753,068, ,000, ,000, ,000, , 357, , 563, , 091,620, , 000, ,459, ,728, ,146,627,

200 REPORT OF THE SECRETARY OF THE TREASURY TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Rate of interest i Amount issued 2 Amount matured or caued or redeeraed prior to raaturity Mar Certificates of indebtedness, foreign series, maturing: May 26, Mar. 12, Mar. 16,1970 Treasury bius: Regular weekly: Maturing May 14,1970 Adjustraents of cash issues Maturing Aug. 13,1970 Adjustments of cash issues Maturing Aug. 6, 1970 Adjustments of cash issues Adjustments of exchange issues Maturing Apr. 23, Adjustments of cash issues Adjustments of exchange issues Certificates of indebtedness, foreign series, niaturing: Mar. 10,1970 Mar. 10,1970 Mar. 10,1970 Mar. 12,1970 June 11,1970 Treasury bills: Regular weekly: Dated Sept. 11,1969 Maturing June 11,1970 Maturing Sept. 10,1970 Maturing May 28,1970 Adjustraents of cash issues Treasuiy notes, foreign series, maturing Mar. 13, Treasury bonds of Redeemable for cash Treasury bius: Regular weekly: Maturing Aug. 27, 1970 : Adjustments of cash issues Certificates of indebtedness, foreign series, maturing: Mar. 16,1970 Mar. 16,1970 Mar. 16,1970 Mar. 16,1970 Mar. 16,1970 June 15,1970 Treasury bills: Regular monthly: Maturing Nov. 30,1970 Adjustments of cash issues Maturing Feb. 28, 1971 Adjustments of cash issues Regular weekly: Maturing Aug. 20, Adj ustments of cash issues Dated Sept. 18,1969 Maturing June 18,1970 Maturing Sept. 17,1970 Tax anticipation: Maturing Mar. 23, Certificates of indebtedness, foreign series, maturing: June 23, 1970 Mar. 24, 1970 June 24,1970 Treasury bills: Regular weekly: Maturing July 30, 1970 Adj ustments of cash issues Adjustments of exchange issues Treasury notes, foreign series, maturing July 22, Footnotes at end of table. Percent ""7."7i9". "'"'7."788" ^ '""6."932" "'"4"7."684' $30,000, ,000, , , , , , , ,000, ,798,040, ,301,270, , , ,000, , , , ,802,540, ,303,370, , ,000, , , ,000, $100,000, ,000, ,000, ,000, ,000, ,001,333, , 970, ,930, ,000, ,000, ,000, ,000, ,000, ,002,144, ,752,433, ,000,

201 STATISTICAL APPENDIX 193 TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Rate of interest i Amount issued 2 Amount matured or caued or redeemed prior to maturity Percent Treasury bills: Regular weekly: Mar.26 Dated Sept. 25, Maturing June 25, Maturing Sept. 24, Maturing Apr. 23, Adjustments of cash issues 26 Maturing May 21, Adjustments of cash issues Adjustments of exchange issues 26 Maturing Aug. 13, Adjustraents of cash issues 26 Matming Aug. 20, Adjustments of cash issues... Regular monthly: 26 Matming Apr. 30, Adjustments of cash issues Adjustments of exchange issues 26 Matming Feb. 28, Adjustments of cash issues Tax anticipation: 26 MaturingSept. 22, Certificate of indebtedness, foreign series, maturing: Apr. 13, Mar. 31, Mar. 31, Mar. 31, Mar. 31, Mar. 31, Mar.31, Mar. 31, Mar. 31, Mar. 31, June 11, June 15, June30, Treasury notes, foreign series, niaturing July 29, Treasmy bills: Regular monthly: 31 Dated Mar. 31, Maturhig Dec. 31, Matming Mar. 31, Treasury notes, foreign cmrency series, matming: Jan. 3, Oct.2, Dec.22, Treasury certificates, maturing June 30, U.S. savings bonds: ^ SeriesE SeriesE Series E Series E Series E Series E I Series E Series E Series E Series E Series E Series E-1952 (January to April) Series E-1952 (May to December) Series E Series E Series E Series E OOI Series E-1957 (January) - - ' Series E-1957 (February to December) Series E Series E-1959 (January to May) Series E-1959 (June to Deceraber) SeriesE Series E SeriesE SeriesE Footnotes at end of table. $3,010,463, $1,804,050, ,302,380, ,'55o.'55"".]' !-^ -2," 555.'65'.' "--^ 1, Hi; 655'55' i'556."55'----' i87,'566.'55' , "" i6,'5o6.' ,757,600, ,000, , 000, ,400, ,201,040, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,501,357, ,005, ,996, ,395, ,045, , , 570, , 762, ,188, , 223, , 585, , 069, ,043, ,834, ,352, , 624, ,060, ,188, ,493, ,368, ,921, ,030, ,385, ,072, ,052, ,223, ,684, ,659, ,614, ,921, ,859, ,214, ,082, ,896, ,878, ,247, ,434, ,699, ,489, ,476, ,705, ,960, ,403, ,070, ,431, ,895, ,677, ,360, ,021, ,806, ,535, ,530, ,062,003.08

202 REPORT OF THE SECRETARY OF THE TREASURY TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Rate of interest i Amount issued 2 Amount 1970 Percent Mar. 31 U.S. savings bonds:5 Continued Series E $7,178, Series E-1965 (January to November) ,329, Series E-1965 (December) Series E ,583, Series E ,524, Series E-1968 (January to May) ,342, Series E-1968 (June to December) ,937, Series E-1969 (January to May) ,552, Series E-1969 (June to Deceraber) ,756, Series E ,679, Unclassified sales and redemptions 7 7^ 951^ SeriesH-1952 : Series H SeriesH SeriesH Series H Series H-1957 (Jan^ary) _ Series H-1957 (February to December) Series H ^ Series H-1959 (January to May) Series H-1959 (June to December) SeriesH Sei-iesH Series H Series H SeriesH Series H-1965 (January to November) _ - - Series H-1965 (December) SeriesH SeriesH Series H-1968 (January to May) Series H-1968 (June to December) Series H-1969 (January to May) , Series H-1969 (June to Deceniber) ,274, Series H ,526, Apr Unclasstfied sales and redeniptions _. 7 7,985, U.S. savings notes:8 Series S , Series S-1968 (January to May) , Series S-1968 (June to December) , Series S ,184, Series S ,621, Unclassified -987, U.S. retirement plan bonds , Depositary bonds. First Series , Treasury bonds, REA Series 2.00 Treasury bonds. Investment Series B % Redeemed in exchange for 13^% Treasury notes, Series EO Treasury notes, Series EO ^ 8,066, MisceUaneous matured or caued or redeeraed prior to raaturity 3 $18, 423, , 586, , 065, , 488,812^ 59 27, 847, , 211, , 388, , 473, , , , 174, , , 667, , 439, , '995, , 510, , , 756, , 206, , 720, , 453, , 191, , 459, , 074, , 328, , 514, , 776, , , 294, , 379, , 286, , 320, , 493, , , , 288, , 667, , 698, , 699, , 798, (8) 202, , , ,066, '36,"843.'666.'66 Total March 20,876,890, ,420,676, Treasury certificates, maturhig: AprU 1, July 1, Treasury notes, Series EA-1970 ly Redeemable for cash 1 Treasury notes, foreign series, maturing Nov. 2, Certificates of indebtedness, foreign series maturing: Apr. 13,1970 Apr. 20, 1970 Treasury bills: Regular weekly: ' 2 Dated'Oct. 2, : Matm-ing July 2, Maturing Oct. 1, Matm-ing Aug. 27, Adjustments of cash issues 3 MaturhigMay 14, Adjustments of cash issues 3 Matm-hig June 25, Adjustments of cash issues 3 MaturingSept. 17, Adjustments of cash issues Footnotes at end of table. 2,07L43. 1,800,270, ,301,180, , , , ,000,00 2, , 529, , ,000, , ,010, 715,000.00

203 STATISTICAL APPENDIX 195 TABLE 34. Issues, maturities, and redemptions of interest-bearing, public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Rate of interest i Amount issued ^ Araount raatured or called or redeemed prior to matm-ity Percent Regular monthly: Matm-ing Feb. 28, Adjustments of cash issues Apr. 3 Matming Mar. 31,1971 Adjustments of cash issues ""'6.'i32". $7, "20,'66o."66' 3 Treasury certificates, maturing.: Apr. 3, 1970 $1, 586, July 3, ,618, Treasm-y notes, foreign currency series, maturing: Apr. 6, , 204, July 6, , 251, Certificates of indebtedness, foreign currency series, maturing Apr. 7, ,686, Treasury certificates, maturing June 30, , Certificates of indebtedness, foreign series, matm-ing: Apr. 8, ,017, July 8, ,017, Treasury notes, foreign series, maturing Aug. 26, , 000, Certificates of indebtedness, foreign series, matm-ing Apr. 20, Treasury bius: Regular weekly: 7.85 _- 15,000, Dated Oct. 9, , 004, 613, Maturing July 9, ,801,980, Maturing Oct. 8, ,304,990, Matming July 30, 1970 Adj ustments of cash issues , Matming Aug. 13, Adjustments of cash issues 6, Maturing Aug. 27, Adjustments of cash issues -4, Regular monthly: 10 Maturing Nov. 30, Adjustments of cash issues -47, Maturing Feb. 28,1971 '6.'932". Adjustments of cash issues "'-i'm'bb'. Regular weekly: 13 Maturing June 4, Adjustments of cash issues 13 Maturhig Sept. 24, "6."i84" Adjustments of cash issues -10, Treasury certificates, raaturing June 30, "3." 56" 1, Treasui-y notes, foreigii series, raaturing Nov. 2, , Certificates of indebtedness, foreign series, maturing: Apr. 16, ,000, July 16, 1970 Treasury bius: Regular weekly: ,000, Matming Sept. 17, Adjustraents of cash issues -4,"6o6."66'! 16 Dated Oct. 16, Maturing July 16, ,802,350, ,005,119, Maturing Oct. 15, ,300,760, Certificates of indebtedness, foreign series, maturing Apr. 20, Treasury bius: Tax anticipation: ,000, Maturing Sept. 22, Adjustments of cash issues 600, Maturhig Apr. 22, "'4'7." 126'. 4, 767,244, Certificates of indebtedness, foreign series, maturing June 15, 1970 Treasury buls: Regular weekly: ,000, Dated Oct. 23, ,002,462, Maturing July 23, 1970._ ,802,710, Maturing Oct. 22, ,302,570, Certificate of indebtedness, foreign series, maturing: Apr. 27, , 000, July 28, ,000, Apr. 29, "i35,"656,'oo5.'6o July 29, , Footnotes at end of table.

204 REPORT OF THE SECRETARY OF THE TREASURY TABLE 34. Issues, maturities, and redemptions of interest-bearing puhlic debt securities, excluding special issues, July 1969-June 1970 Continued Date Secmities Amount matmed Rate of Amount issued 2 or caued or reinterest 1 deemed prior to maturity Apr Treasury notes, foreign series, matming Nov. 2,1970 _ - Treasury bius: Regular monthly: Dated Apr. 30, 1969 Maturing July 30, 1970 Maturing Oct. 29, 1970 Dated Apr. 30, Matming Jan. 31, Maturhig Apr. 30, Treasury notes, foreign series, raaturing: Apr. 30, Apr. 30, Apr. 30, 1970 Sept. 23, Certificates of indebtedness, foreign series, maturing: June June30, Treasmy certificates, maturing: Apr. 30, 1970 June 30, July 31, U.S. savhigs bonds:8 SeriesE-1941 SeriesE Series E-1943 Series E Series E-1945 SeriesE-1946 Series E Series E Series E Series E-1950 Series E-1951 Series E-1952 (January to AprU). Series E-1952 (May to December) Series E Series E Series E-1955 Series E-1956 Series E-1957 (January).. Series E-1957 (February to Deceraber) Series E Series E-1959 (January to May) Series E-1959 (June to December) SeriesE-1960 Series E-1961 Series E _ SeriesE-1963 Series E Series E-1965 (January to November) Series E-1965 (December)... Series E-1966 Series E Series E-1968 (January to May) Series E-1968 (June to December) Series E-1969 (January to May) Series E-1969 (June to December) Series E-1970 Unclassified sales and redemptions SeriesH Series H-1953 SeriesH-1954 SeriesH-1955 Series H-1956 Series H-1957 (January) Series H-1957 (February to December)... Series H-1958 Series H-1959 (January to May) Series H-1959 (June to December) Series H-1960 Series H SeriesH-1962 SeriesH-1963 Footnotes at end of table. Percent , , $1,801,210, ,301,290, ,310, ,199,980, ,000, ,289, , ,860, ,460, ,700, ,994, ,206, ,719, ,721, ,244, ,497, ,750, ,067, ,477, ,653, ,762, , 748, ,478, ,138, , 508, ,467, ,169, ,671, ,625, ,866, ,811, , ,971, , 693, ,484, ,971, , ,930, , 028, ,548, $1,897, ,001, 535, , 500,785, ,000, ,000, ,000, ,000, ,000, ,264, ,679, ,355, , 504, ,386, ,229, ,028, ,173, ,170, ,711, ,282, ,343, ,394, ,484, ,368, ,157, ,867, , ,277, , 586, ,257, ,390, ,905, , 790, ,502, ,896, ,342, ,772, ,352, ,351, ,126, ,337, ,959, ,211, ,329, ,369, ,220, , ,461, , ,790, ,063, , 548, , 842, , ,126, ,435, ,106, ,183, ,178, ,956, , 537, ,221,000.00

205 STATISTICAL APPENDIX 197 TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Rate of hiterest i Amount issued 2 Araount raatured or called or redeemed prior to maturity Apr. 30 U.S. savings bonds:s Continued SeriesH-1964 Series H-1965 (January to Noveraber) Series H-1965 (Deceraber) Series H-1966 SeriesH Series H-1968 (January to May) Series H-1968 (June to Deceraber) Series H-1969 (January to May) Series H-1969 (June to Deceraber) Series H Unclassified sales and rederaptions Treasury notes. Series D-1971 Adjustraents of issues n... Treasury notes. Series E Adjustments of issues H- Treasury notes, Series A-1973 Adjustraents of issues n. - U.S. savings notes: 3 Series S-1967 Series S-1968 (January to May) Series S-1968 (June to Deceraber) Series S-1969 Series S Unclassified-- - U.S. retireraent plan bonds Depositary bonds. First Series- - Treasury bonds, REA Series Treasury bonds, Invesment Series B Redeeraed in exchange for: iy7o Treasmy notes. Series EO ^^% Treasury notes. Series EA Treasury notes. Series E Treasury notes, Series E A Miscellaneous - Percent M '8.'66" 7M % ly ly $2, , , , , 003, ^ -9,494, , , ,'666." 66'! 304, , , ,643, , 779, ,582, , , ,179, , $5,331, ,850, , ,237, ,828, ,361, ,492, ,311, , , r -23,815, ,667, ,704, ,211, ,864, , («) 193, , , ,179, , ,199, Total AprU 18,745,676, ,295,957, May 4 Certtficates of indebtedness, foreign series, maturing: May 4, Aug. 4, Aug. 5, Treasury bius: Regular weekly: 5 Maturing Oct. 22, Adjustments of cash issues 6 Maturing July 30, Adjustments of cash issues - 6 Maturing Oct. 29,1970 Adjustments of cash issues 6 Treasury notes, foreign currency series, raaturing: May 6,1970 Aug. 6, Certtficates of indebtedness, foreign series, matming May 6, 1970 Treasury bius: Regular weekly: Dated Nov. 6,1969 Maturing Aug. 6, 1970 Maturing Nov. 5, Certificates of indebtedness, foreign series, maturing: May 11, 1970 Aug. 11, 1970 May 12, 1970 June 2, Treasury buls: Regular weekly: Dated Nov. 13,1969. Matming Aug. 13, Maturing Nov. 12, 1970 Treasury notes, Series B-1970 Redeemed in exchange for: 7M% Treasury notes. Series G M% Treasury notes, Series A % Treasury notes. Series A-1977 Redeemable for cash. Footnotes at end of table '6.'876'. '7.'253' L 5^ 12,500, ,000, , '-'i6,'6o6.'66'! '"i6,'666.'66'' 25,595, ,800,730, ,301,030, ,500, ,802,030, ,301,580, , 500, ,445, ,000, ,002,349, ,500, '25,'666,'666.'66 5, 000, ,993,940, ,001,116, ,495,218, ,671,112, ,369,000.00

206 REPORT OF THE SECRETARY OF THE TREASURY TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-June 1970 Continued Amount raatured Date Securities Rate of Amount issued 2 or called or reinterest 1 deemed prior to maturity Percent May 15 Treasury notes, Series C ^.-.. Redeemed in exchange for: 7^% Treasmy notes. Series G-1971 $6,427,695, M% Treasury notes. Series A ,186,492, % Treasmy notes. Series A ,959, Redeeraable for cash ,379, Treasury notes. Series G M Issued in exchange for: 5^% Treasury notes, Series B-1970 $1,001,116, M% Treasmy notes, Series C ,427,695, Issued for cash-- 3,313,724, : 16 Treasury notes, Series A-1973 (Additional issue) 7M - - Issued in exchange for: b%% Treasmynotes, Series B ,495,218, ^7o Treasury notes, Series C ,186,492, Treasury notes. Series A-1977 (Additional issue) Issued in exchange for: 55^% Treasury notes. Series B ,671,112, M% Treasury notes. Series C ,959, Treasury notes, foreign series maturing: May27, ,000, June24, 1971, ,000, Certificates of indebtedness, foreign series, maturing: June2, ,000, June 23, , June24, ,000, July 28, ,000, July 29, ,000, Aug. 4, ,500, Aug. 5, ,000, Aug. 11, ,500, Treasury notes, foreign currency series, maturing: May 19, 1970 ' ,742, Aug. 19, ,790, Treasmynotes, foreign series, raaturing Nov. 2, , Treasury certificates, maturing June 30, , Treasury bills: Regular weekly: 21 Dated Nov. 20, ,002,992, Maturing Aug. 20, ,789,770,000.00: 21 Maturing Nov. 19, 1970 : ,303,530, Dated Nov. 28, ,002,293, Maturing Aug. 27, ,801,900, Matming Nov. 27, ,300,570, U.S. savings bonds: s SeriesE , ,207, SeriesE ,049, ,510, Series E O 3,506,60L67 8,973, SeriesE ,.505, ,783, Series E ,644, ,411, SeriesE ,701, ,373,25L54 Series E ,743, ,086, Series E e 3. 78O 3,197, ,910, Series E ,631, ,286, Series E ,567, ,238, Series E ,035, ,618, Series E-1952 (January to April) , ,950, Series E-1952 (May to December) ,631, ,997, Series E ,035, ,465, Series E ,329, ,974, Series E ,594, ,082, Series E OOI 4,390, ,463, Series E-1957 (January) , Series E-1957 (February to December) ,396, ,081, Series E _ ,276, ,338,30L77 Series E-1959 (January to May) , , Series E-1959 (June to December) O 1,997, ,339, SeriesE , ,710, Series E ,506, ,180, Series E' ,994,152,20 13,178, Footnotes at end of table.

207 STATISTICAL APPENDIX 199 TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Amount matured Rate of Amount issued 2 or caued or reinterest 1 deemed prior to maturity May 31 U.S. savings bonds s Continued SeriesE Series E-1964 Series E-1965 (January to November) Series E-1965 (December).. Series E-1966 Series E-1967 Series E-1968 (January to May) Series E-1968 (Jmie to Deceraber). Series E-1969 (January to May) Series E-1969 (June to Deceraber) Series E-1970 Unclassified sales and rederaptions SeriesH-1952 Series H-1953 SeriesH-1954 SeriesH-1955 Series H-1956 Series H-1957 (January) Series H-1957 (February to Deceraber). -. Series H-1958 Series H-1959 (January to May).- Series H-1959 (June to Deceraber)- SeriesH-1960 SeriesH-1961 SeriesH SeriesH SeriesH-1964 Series H-1965 (January to November) Series H-1965 (Deceraber) SeriesH SeriesH-1967 Series H-1968 (January to May) Series H-1968 (June to Deceraber) Series H-1969 (January to May) Series H-1969 (June to Deceraber).. Series H-1970 Unclasstfied sales and rederaptions 31 Treasury notes. Series E Adjustraents of issues n 31 Treasury notes, Series F-1971 Adjustments of issues n. 31 Treasury notes. Series A-1973 Adjustments of issues n.. 31 Treasury notes. Series B-1973 Adjustments of issues n 31 Treasury notes. Series C-1976 Adjustments of issues ". 31 Treasury notes. Series A-1977 Adjustments of issues " 31 U.S. savings notes: 8 Series S-1967 Series S-1968 (January to May) Series S-1968 (June to Deceraber) Series S Series S Unclasstfied U.S. retireraent planbonds Depositary bonds. First Series Treasury bonds, REA Series Treasury bonds. Investment Series B Redeemed in exchange for: 13^% Treasury notes. Series EO ^% Treasury notes. Series EA-1975 Treasury notes, Series EO Treasury notes. Series EA-1975 MisceUaneous. Percent "7%, % 13^ ih $7,293, ,171, ,994, ,840, ,945, ,666, ,319, ,706, ,024, ,999, , , ,067, ,790, ,830, ,134, ,141, , , , , ,738, ,810, , , , ,952, , $11, 630, ,156, ,368, ,136, ,001, ,172, , 526, ,741, ,300, ,832, ,346, ,083, , , , 566, ,265, ,202, , ,625, ,814, , 529, , ,487, ,293, ,812, , 579, , 541, ,641, , , 599, ,056, , , , , , , 536, ,248, ,016, ,064, ,876, ,766, , («) 122, , , ,952, , ,267, Total May 32,013,413, , 521,870, Treasury bius: Regular Monthly: Juneli2 Dated May 31, Maturing Feb. 28, Maturing May 31, Treasury certtficates, maturing: June 30, June 30,1970 Footnotes at end of table ,960, ,200,170, , ,500,544, ,321,

208 REPORT OF THE SECRETARY OF THE TREASURY TABLE 34. Issues, maturities, and redemptions of interest-bearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Amount matured Rate of Amount issued 2 or caued or reinterest 1 deemed prior to maturity Treasury bius: Regular weekly: June 2 Maturing July 23, Adjustments of cash issues 4 Dated Dec. 4, Maturing Sept. 3, Maturing Dec. 3, Maturing Aug. 27, Adjustments of cash issues 4 Maturing Nov. 27, Adjustments of cash issues 4 Treasury notes, foreign series, maturing Aug. 26, Treasury bius: Regular weekly: 11 Dated Dec. 11, Maturing Sept. 10, Maturing Dec. 10, Certtficates of indebtedness, foreign series, maturing Sept. 11, Treasury notes, foreign currency series, maturing: June 11, Sept. 13, Treasury notes, foreign series, maturing Oct. 28, Treasm-y bius: Regular weekly: 12 Maturing Oct. 15, Adjustments of cash issues 15 Certtficates of indebtedness, foreign series, maturing: Sept. 11, Sept. 15, Treasmy certificates, maturing: June LOO Dec. 15, Dec. 15, 1970 LOO 18 Treasury notes, foreign series, maturing Oct. 28, Treasury bills: Regular weekly: 18 DatedDec. 18, I 18 Matmhig Sept. 17, Maturmg Dec. 17, Matming Oct. 29, Adjustments of cash issues Tax anticipation: 22 Dated Oct. 29, Treasury certtficates, maturhig June 30, Treasury notes, foreign series, maturing June 23, Certificates of indebtedness, foreign series, maturing Sept. 24, Treasmy notes, foreign series, maturing Nov. 18, Treasury buls: Regular weekly: 25 Dated Dec. 26, Maturing Sept. 24, Maturmg Dec. 24, Certificates of indebtedness, foreign series, maturing: July 23, Sept. 11, Treasm-y notes, foreign series, raaturing Nov. 2, Treasmy bius: Regular monthly: 30 Dated June30, Matmmg Mar. 31, Maturing June 30, Certificates of indebtedness, foreign series, raaturing Sept. 30, Treasmy certificates, raaturing: June30, June30, Footnotes at end of table. -$10, ,800,910, ,306,400, $3,001,707, i6,'666.'66 '.'."'.".".''.".".".".'.''.." 100,000, ,803,030, ,302,860, ,000, ,193,784,07 100,000, ,998,363, ,280, ,'566.'55'.'!--.'.'-^''-'-.'- 96,'666.'66"!".-.'.'"-"-'."--.'.'- 150,000, ,000, ,801, ,315, ,047, ,000, ,802,570, ,302,670, ,003,419, '"""'"-76,'666."66' ".":^ 1,745, ,000, ,000, ,507,950, ,000, ,013,205, ,801,070, ,302,570, ,000, ,000, ,560, ,201,460, ,000, ,178, , ,701,673, ,536,670.79

209 STATISTICAL APPENDIX 201 TABLE 34. Issues, maturities, and redemptions of interest-hearing public debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Amount raatured Rate of Amount issued 2 or called or reinterest 1 deemed prior to matmity June 30 U.S. savings bonds: ^ Series E-1941 SeriesE-1942 Series E-1943 SeriesE-1944 Series E-1945 SeriesE-1946 Series E-1947 Series E-1948 Scries E Series E-1950 Series E-1951 Series E-1952 (January to April)- Series E-1952 (May to December) -. Series E-1953 Series E Series E-1955 Series E Series E-1957 (January) Series E-1957 (February to December)-. Series E-1958 Series E-1959 (January to May) Series E-1959 (June to December) - SeriesE Series E SeriesE-1962 Series E Series E Series E-1965 (January to November)-.. Series E-1965 (D ecember) Series E-1966 Series E-1967 Series E-1968 (January to May) Series E-1968 (June to December) Series E-1969 (January to May) -.. Series E-1969 (June to December) Series E Unclassified sales and redemptions SeriesH-1952 Series H~ SeriesH-1954 SeriesH Series H Series H-1957 (January) Series H-1957 (February to December) _ Series H-1958 Series H-1959 (January to May) --. Series H-1959 (June to December) SeriesH SeriesH-1961 SeriesH SeriesH-1963 SeriesH-1964 Series H-1965 (January to Noveraber).. Series H-1965 (Deceraber) Series H-1966 SeriesH-1967 Series H-1968 (January to May) Series H-1968 (June to Deceraber) Series H-1969 (January to May) _ Series H-1969 (June to Deceraber) Series H-1970 Unclassified sales and rederaptions 30 Treasury notes. Series E-1971 Adjustraents of issues n 30 Treasury notes. Series G-1971 Adjustments of issues n 30 Treasury notes. Series A-1973 Adjustments of issues " 30 Treasury notes. Series A-1977 Adjustments of issues n 30 U.S. savings notes:» Series S-1967 Series S-1968 (January to May) Series S-1968 (June to Deceraber) Series S-1969 Series S Unclassified Footnotes at end of table , : M "7'A $2, 099, , 818, , 573, ,698, ,633, ,433, ,426, ,136, , 015, ,204, , 580, , ,749, ,825, ,879, ,130, ,208, , ,375, , 862, ,196, ,946, ,366, , 578, ,155,87L29 7,350, ,616, ,241, ,320, , 514, , , ,090, , , 517, ,695, ,294, , ,266, , ,000, , , ,583, , , , ,172, ,159, ,644, $1,677, ,859, ,248, ,820, ,312, ,438, , 063, ,152, ,918, , ,453, , 512, ,579, ,250, , ,485, ,154, , ,036, ,245, ,660, ,792, ,190, ,145, ,796, ,475, ,751, ,880, ,361, ,445, ,920, ,960, ,268, ,388, ,153, , 532, ,950, , ,253, ,510, ,321, , , ,029, ,826, ,970, , 501, ,187, ,235, ,549, ,913, , ,354, , ,733, ,739, ,175, ,053, , , , ,465, ,252, ,329, ,454, ,035, , («)

210 REPORT OF THE SECRETARY OF THE TREASURY TABLE 34. Issues, maturities, and redeirriptions of interest-bearing puhlic debt securities, excluding special issues, July 1969-June 1970 Continued Date Securities Rate of interest i Araount issued 2 Amount raatured or called or ledeemed prior to raa turity June U.S. retireraent plan bonds Depositary bonds. First Series. Treasury bonds, REA Series : Treasury bonds, Investment Series B Redeemed in exchange for iy% Treasury notes, Series EA-1975 Treasury notes, Series EA-1975 Miscellaneous Percent M ly $724, , ,362, $237, , , , 362, "49,"853,"666."65 TotalJune 18,242,299, , 370, 452, Total fiscal year ,846,097, ,083,606, For Treasury bills, average rate on bank discount basis is shown; for savings bonds, approximate yield to maturity is shown. 2 Since May 1, 1957, Series E and H bonds have been the only savings bonds on sale. Amounts shown for Series E represent issue price plus accrued discount and for Series H issue price at par. 3 For savings bonds of Series E, amounts represent current redeniption value (issue price plus accrued discount); and for Series H, amounts represent redemption value at par. 4 Average interest rate for corabined original and additional issues. 5 At option of owner, Series E bonds dated May 1,1941, through Apr. 1, 1952, may be held and wiu accrue interest for additional 20 years; bonds dated on and after May 1, 1952, may be held and will accrue interest for additional 10 years. At option of owner. Series H bonds dated June 1, 1952, through Nov. 1, 1965, may be held and wiu accrue interest for additional 10 years. 6 Represents a weighted average of the approximate yield of bonds of various issue dates within the yearly series if held to maturity or if held from issue date to end of applicable extention period, coraputed on the basis of bonds outstanding June 30, (See Treasury Chculars Nos. 653 (8th Revision) and 905 (5th Revision), as revised and amended, for detaus of yields by issue dates for Series E and H savings bonds respectively.) 7 Amounts transferred from unclasstfied sales or rederaptions to sales or redemptions of designated series. 8 Redeemable after 1 year frora issue date at option of owner. 9 Unclassified rederaptions of savtngs notes are included in unclassified redeniptions of Series E savings bonds beginning May 1, Represents an additional $302,934,000 on each of seven series of outstanding Treasury bius issued in a strip to raature each week frora Sept. 18 to Oct. 30, Adjustraents of amounts originally reported on date of issue or exchange. 12 Settleraent raade subsequent to last day of nionth in which bills matured. 13 The principal douar equivalent of this security increased as a result of the revaluation of the Deutsche mark on October 26,1969. The increase in principal dollar equivalent is offset by a corresponding decrease of interest cost over the reraaining term of the security pursuant to revaluation clause as agreed upon with the Deutsche Bundesbank. 14 The principal dollar equivalent of this security increased as a result of the revaluation of the Deutsche mark on October 26, The increase in the principal amount will be absorbed by the Exchange Stabilization Fund upon redemption. NOTE: Reports of issues and retirements of Treasury bius broken down as to exchange and cash were discontinued effective with the buls issued on Mar. 12, 1970.

211 TABLE Allotments hy investor classes on subscriptions for puhlic marketable securities, fiscat year 1970 [In mulions of dollars. On basis of subscription and auotment reports] PARTI. TREASURY BILLS OTHER THAN REGULAR WEEKLY SERIES Date of financing. Date of maturity Average rate (percent) 1-year series Amount issued 9-month series i Tax anticipation series Other series U.S. Government accounts and Federal Reserve banks AUotments by investor classes Commercial banks Corporations 2 Dealers and brokers AU others s 1969 Tnlv 18 jdec. 22, jmy 18 JMar. 23, 1970 Tnlv -^l Apr. 30, 1970 ^^ly '^l \July 31, ^ Ol (May 31, 1970 Aug. 6i JAug. 31, 1970 Spnt ^0 June30, 1970 bept. 3U ggp^ 3Q^ ^g7q Oct. 14 Apr. 22, 1970 Oct. 29 June 22, Opt qi (July 31, Nov Ofi (Apr. 22, 1970 NOV. 2b Jj^j^g22, Nov on (Aug. 31, JNOV. 60 ^Q^_ 3Q^ ^970 r>pn ^1 (Sept. 30, 1970 uec. 6i JDec. 31, j ^ ^ o. (Oct. 31, 1970 ^^'^' 31 Jan.31, 1971 Fph OQ (Nov. 30, 1970 J^eD. ZiS jj,g^ 28, Mar. 3 Apr Mar. 26 Sept. 22, 1970 Mar ^1 (Dec.31, ^^^' 31 JMar. 31, 1971 Anr SO (Jan. 31, 1971 Apr. 60 J^p^, 3Q^ jg^^ M«v "^l (Feb. 28, 1971 May 31 jj^^y 3^^ jg^^ T,nr,o ^n (Mar. 31, 1971 ^^^^ ^Mjune3o,i97i...:.:::... Footnotes at end of table : , ,201. 1,005. 1,003. 1,001. 1,002. 1,003. 1,200. 1,201. 1,200. 1,200. 1, '""'655" ""555"" 500. '5'o"6'." ""'565'] 501-1,763. 1,752. 2, , , , , , g ,733 1, ,004. 2, ,002. 1, ,745. 1, (*) (*) (*) (*) (*) "194" ZP H > HH 0 > > w t--{ [xl bo 0 00

212 to o F4^ TABLE 35. Allotments hy investor classes on subscriptions for puhlic marketable securities, fiscal year 1970 Continued [In millions of dollars]' Date of financing Issue Description s PART II. SECURITIES OTHER THAN TREASURY Amount issued For Cash In exchange for other secm-ities U.S. Government accounts and Federal Reserve banks Coramercial banks 6 Individuals 7 BILLS AUotments by investor classes Mutual savings banks Insurance companies Corporations State and local Private governraents» pension and re- Pension tireraent and retire- Other funds raent funds funds Dealers and brokers All other 9 td & Hd o o W Aug. 15 7K% note, Feb. 15, 1971-D 2, , [8% note. May 15, 1971-E 4, , Oct. 1 -^7^% note, May 15, 1973-A 1, l7m% note, Aug. 15, 1976-C 1, f8k% note, Aug. 15, 1971-F 2, , Feb. 15 ^8H% note, Aug. 15, 1973-B 1, [8% note, Feb. 15, 1977-A 1, (7M% note, Nov. 15, 1971-G 3,665 7,064 7,005 2, May 15 -^7%% note, May 15, 1973-A 4 4,686 2,421 1, [8% note, Feb. 15, 1977-A 4 3,313 2, ZP o yri > pi Kl o Less than $500, Additional issue of bius with original maturity of 1 year. 2 Exclusive of banks and insurance companies. 3 Includes individuals, insurance companies, mutual savings banks, private pension funds. State and local funds, savings and loan associations, nonprofit institutions, and investments of foreign balances and international accounts in this country. Also includes certahi Government deposit accounts and Government-sponsored agencies. 4 Reopening of earlier issue. 6 Excludes ly percent Treasury EA and EO notes issued in exchange for nonmarketable 2^ percent Treasury bonds. Investment Series B Includes trust companies and stock savings banks. 7 Includes partnerships and personal trust accounts. 8 Consists of trust, sinking, and investment funds of State and local governments, and their agencies. 9 Includes savings and loan associations, nonprofit institutions, and investments of foreign balances and international accounts in this country. Also includes certain Government deposit accounts and Government-sponsored agencies. NOTE. AUotments frora July 15,1953, through May 15,1959, wiu be found in the 1959 annual report, pp For succeeding fiscal years see corresponding tables in successive annual reports and for current figures see raonthly "Treasury Bulletin." M?d ZP d

213 TABLE 36. Allotments of Treasury notes issued during the fiscal year 1970, by Federal Reserve districts [In thousands] Federal Reserve district 7% percent 8 percent Series E-1971 notes issued in exchange for i 7M percent Series A-1973 notes issued hi exchange for i Series D-1971 notes issued tn exchange for 6 ly percent Series EO percent Treasury 2y percent Treasury ly percent Series EO percent Treasury 2y percent Treasury percent Series Treasury notes bonds of 1969 bonds of Total Treasury notes bonds of 1969 bonds of Total C-1969 Treasury maturing maturing 69 maturing issued maturing maturhig 69 maturing issued notes maturhig Oct. 1, 1969 Oct. 1, 1969 Dec. 15,1969 Oct. 1,1969 Oet. 1,1969 Dec. 15,1969 Aug. 15, ZP Boston $118,605 $1,560 $150,857 $5,523 $157,940 $146 NewYork 1,362,457 24,966 1,531, ,206 2,016, Philadelphia 86, ,810 35, ,789 1,720 Cleveland 190,604 3, ,375 40, ,684 Richmond : 75,579 1,275 98,028 26, ,911 Atlanta 132,686 1, ,303 14, , Chicago 383,529 5, , , ,536 St.Louis 128,052 1, ,328 39, ,511 Mhineapolis 62, ,061 14,574 83,747 KansasCity 133,325 2, ,889 34, ,946 DaUas 87,832 1,075 77,978 10,574 89,627 SanFrancisco 142,290 7, , , ,474 5,825 Treasury 19,958 4,438 3,581 8, Total auotments Exchanged in concurrent oflerhig. Total exchanged^ Not submitted for exchange 2,923,633 51, , , ,398 3,164,404 1,978,026 5,142,430 1,097, , ,139 1, 810, , 360 4,176,493 2, 843,415 7,019,908 1,863,160 Total eligible for exchange 158,926 6,239,832 2,484,310 8,883, , ,922 53, , , 398 $20, ,686 25, ,154 16, , ,982 57,117 30,170 43,476 23,945 40,874 1, , 864 4,273, 566 5,142,430 1,097,402 $2, , ,024 14,309 4,266 10, , ,256 4,574 6,949 4,237 7, , 665 1, 532, 286 1,810, , 359 $23, , , ,463 20, , , , ,844 50,975 28,182 53, 781 5,178 1,160,451 5, 859,458 7,019,909 1,863,159 6,239, 832 2,484,310 8, 883, 068 ) I ZP H^ t I o > hj Hd Footnote at end of table. O

214 CO o TABLE 36. Allotments of Treasury notes issued during the fiscal year 1970, by Federal Reserve districts Continued o Federal Reserve district 71^ percent Series C-1976 notes issued in exchange for 1 ly percent Series EO-1969 Treasmy notes maturing Oct. 1, percent Treasmy bonds of 1969 maturing Oct. 1, y percent Treasury bonds of matming Dec. 15, 1969 Total issued sy percent Series F-1971 notes issued in exchange for 1 4 percent Treasury bonds of 1970 maturing Feb. 15, y percent Treasm-y bonds of maturing Mar. 15, 1970 Total 814 percent Series B-1973 notes issued in exchange for 1 4 percent Treasmy bonds of 1970 raaturing Feb. 15, y percent Treasury bonds of maturing Mar. 15, 1970 Total issued Hd O y^ o Boston... $25 $25,494 $2,092 $27,611 $32,240 $29,006 $61,246 $28,743 $11,271 $40,014 NewYork 1, , ,298 1,190, , ,235 1,112, , , ,468 Philadelphia 80 21,186 6,488 27,754 65,337 22,642 87,979 32,339 7,318 39,657 Cleveland 43,506 8,117 51,623 95,095 13, ,230 89,437 16, ,146 Richmond 11,545 2,674 14,219 52,444 20,278 72,722 25,822 6,040 31,862 Atlanta ,836 2,770 27,106 60,116 9,006 69,122 48,880 3,728 52,608 Chicago ,970 85, , ,530 72, , ,620 71, ,016 St.Louis 21,691 6,038 27,729 64,009 27,263 91,272 59,445 12,748 72,193 Minneapolis. 13,780 13,483 27,263 27,077 5,386 32,463 26,434 3,495 29,929 KansasCity 25,049 3,283 28,332 63,631 13,930 77,561 59,451 9,352 68,803 Dallas - 14,633 1,682 16, ,484 7, ,652 42,293 1,581 43,874 SanFrancisco. 36,082 3,189 39,271 82,466 62, ,186 28,735 56,610 85,345 Treasury 2, ,742 12,457 1,874 14,331 1, ,191 Total auotments 2,328 1,109, ,475 1,682,965 1,582, ,321 2,257,370 1,249, ,122 1,839,106 Exchanged in concurrent offering... 64,200 4,033,268 1,239,476 5,336,944 2,390,655 1,304,480 3,695,135 2,722,720 1,390,679 4,113,399 Total exchanged 66, 528 5,142,430 1,810, 951 7,019, 909 3,972, 704 1, 979,801 5, 952, 505 3, 972, 704 1, 979,801 5, 952, 505 Not submitted for exchange. 92,398 1,097, ,359 1,863, , , , , , ,887 Total eligible for exchange 158,926 6,239,832 2,484,310 8,883, ( 4, 381,419 2, 279, 973 6, 661, 392 4,381,419 2, 279, 973 6, Footnote at end of table. M ZP a y ^ > y< o y^ W H^ > ZP d y<

215 TABLE 36. Allotments of Treasury notes issued during the fiscal year 1970, by Federal Reserve districts Continued Federal Reserve district 8 percent Series A-1977 notes issued in exchange for i 4 percent Treasury bonds of 1970 maturing Feb. 15, y percent Treasmy bonds of maturing Mar. 15, 1970 Total issued 7% percent Series A-1973 notes issued in exchange for i by percent Series B-1970 ' Treasury notes maturing May 15, H percent Series C-1970 Treasury notes maturing May 15, 1970 Total issued 8 percent Series A-1977 notes issued in exchange for i by percent Series B-1970 Treasm-y notes maturing May 15, ^ percent Series C-1970 Treasury notes maturing May 15, 1970 Total issued 7% percent Series G-1971 notes 1 ZP Boston NewYork Philadelphia Cleveland Richmond Atlanta Chicago : 1... $50, , ,163 63,478 17,562 37, , 757 St. Louis. 33, 880 Minneapolis 21,168 Kansas City.. "26,364 Dallas San Francisco Treasm-y 19, , 890 5,011 Total auotraents Exchanged in concurrent offering 1,140, 671 2, 832, 033 $13, , 265 8,031 19, 732 2,154 6,519 40, 604 5,316 3,027 11, ,147 19, ,358 1, 264, 443 $64,614 1, 213, , , , ,361 39, , , , 243 5,875 1, 856, 029 4, 096, 476 $15, 668 2,832,427 26, ,108 30,870 92, ,932 74,343 34,861 62,210 29,539 73,586 7,472 3,497,290 2, 670,398 $35, ,372 47,143 64,160 24,214 91, ,891 90,042 30,084 72,758 47,990 36, 640 3,265 1,185, ,448 $50,792 3,239,799 73, ,268 55, , , ,385 64, ,968 77, ,226 10,737 4, 683,245 3,306,846 $14,737 2,314,300 9,954 28, ,323 35, ,216 27,692 9,991 21,465 16,203 47,299 2,162 2, 670,398 3,497,290 $16, ,623 24,277 24,169 10,152 53, ,073 37,044 17,040 26,316 20,484 43,206 6, ,448 1,185,955 $30,950 2, 558,923 34,231 52,798 25,475 88, ,289 64,736 27,031 47,781 36,687 90,505 ' 8,658 3,306, 846 4,683,245. $209,458 8,233, , , , , , , , , , ,342 5,464 10, 743,209 O > > 'A Total exchanged. Not submitted for exchange.. 3, 972, , 715 1, 979, ,172 6, 952, , 887 6,167,688 1, 625,127 1,822,403 6, 941,122 7,990,091 8, 566,249 6,167,688 1, 625,127 1, 822,403 6, 941,122 7,990,091. 8,566,249. Total eligible for exchange 4, 381, 419 2, 279, 973 6, 661, 392 7, 792, 815 8, 763,525 16, 556, 340 7, 792, 815 8,763,525 16,556,340. I All subscriptions were allotted in fuu. to o

216 REPORT OF THE SECRETARY OF THE TREASURY TABLE 37. Statutory debt retirements, fiscal years [In thousands of dollars. On basis of par amounts and of daily Treasury statements through 1947, and on basis of Public Debt accounts thereafter, see "Bases of Tables"] Fiscal year Cumulative sinking fund Repayments of foreign debt Bonds and notes received for estate taxes Bonds received for loans from Public Works Administration Franchise tax receipts. Federal Reserve banks Payments from net earnings Federal intermediate credit banks Commodity Credit Corporation capital repayments Miscellaneous gifts, forfeitmes, etc. Total ,349, , ,815 65,116 48, 518 : 128, , ,342. 3, , , , , , 000, ,679, ,278 ""8,'695" 134 1, , ,809 2,505. I, loi" ""25,'364' 18,393 1,634 45, """48," 943' , (?) 3 209, ,000»58, , ,336 7,163, , ,971 65, , ,184 64, , 722 3, , Oil, 636 7,758 51, 709 1, , , 000, 000 1,000 58, ,100 12,336 Total 8,734,833 1, 579,605 66, , ,809 9, , , , 068, Oil 1 Includes $4,842, written ofl the debt Dec. 31,1920, for fractional cmrency estimated to have been lost or destroyed in chculation. 2 Beginning with 1947, bonds acquired through gifts, forfeitures, and estate taxes are redeemed prior to maturity from regular public debt receipts. 3 Represents payments from net earnings. War Damage Corporation. 4 Represents Treasury notes of 1890 determined by the Secretary of the Treasury on Oct, 20, 1961, pursuant to the Old Series Currency Adjustment Act approved June 30,1961 (31 U.S.C ) to have been destroyed or irretrievably lost and so will never be presented for redemption. 5 Represents $15,000,000 national bank notes, $1,000,000 Federal Reserve bank notes, and $15,000,000 suver certificates, al] j ssued prior to July ; $18,000,000 Federal Reserve notes issued prior to the series of 1928; $9,000,000 gold certificates issued prior to Jan. 30,1934; all of which have been determined pursuant to 31 U.S.C to have been destroyed or irretrievably lost. 6 Represents $24,000,000 U.S. notes, $1,000,000 Federal Reserve bank notes. $13,500,000 national bank notes, and $14,500,000 suver certiqcates, au issued before July 1,1929; $6,000,000 gold certtficates prior to 1934 series; $100,000 Treasmy notes of 1890; and $14,000,000 Federal Reserve notes (prior to series of 1928); au of which were determined on Nov. 16, 1964, pmsuant to 31 U.S.C , to have been destroyed or irretrievably lost. ^ Represents $142,000 U.S. notes, $63,000 Federal Reserve bank notes, $420,000 national bank notes, and $280,000 suver certificates, all issued before July 1,1929; $8,950,000 gold certificates prior to 1934 series; $31,000 Treasm-y notes of 1890; and $2,450,000 Federal Reserve notes (prior to series of 1928); all of which were determined on May 26,1966, pursuant to 31 U.S.C , to have been destroyed or irretrievably lost.

217 STATISTICAL APPENDIX 209 TABLE 38. Cumulative sinking fund, fiscal years [On basis of Public Debt accounts, see "Bases of Tables"] PART I. APPROPRIATIONS AND EXPENDITURES [In mulions of douars.] Fiscal year Appropriations Available Debt rethed 2 for expendi- - tme dmmg Par amount Cost yeari (principal) ,73L Total 27,203.2 Deduct cumulative expenditures 8,727.1 ^ 6, , , , , , , , , , , , ,69L3. 13, , ,39L0. 16, , , , , , L , , , L , ,727.1 Unexpendedbalance 18, PART II. TRANSACTIONS ON ACCOUNT OF THE CUMULATIVE SINKING FUND FISCAL YEAR 1970 Unexpended balance July 1,1969 $17,795,207, Appropriation for 1970 : Initial credit: (a) Under the Victory Liberty Loan Act (2^ percent of the aggregate amount of Liberty bonds and Victory notes outstanding on July 1, 1920, less an amount equal to the par amount 01 any obligation of foreign govermnents heldbythe United States on July 1, 1920) $253,404, (b) Under the Emergency Relief and Construction Act of 1932 {2\^ percent of the aggregate amount of expenditures from appropriations made or authorized under this act) 7,860, (c) Under the National Industrial Recovery Act (2ir^ percent of the aggregate amount of expenditmes from appropriations made or authorized under this act) 80,164, Total initial credit 341,429, 55L 23 Secondary credit (the interest which would have been payable during the fiscal year for which the appropriation is made on the bonds and notes purchased, redeemed, or paid out of the sinking fund during such year or in previous years) 339,419, ,849, Total available ,476,056, Unexpended balance June 30, ,476,056, Represents appropriations authorized by Congress. There are no specific funds set aside for this account since any retirements of public debt charged to this account are made from cash balances to the credit of the Treasurer ofthe United States. 2 Net discount on debt rethed through June 30,1970, is $7.7 million. NOTE. Comparable annual data for 1921 through 1946 are shown in the 1962 annual report, p. 726.

218 REPORT OF THE SECRETARY OF THE TREASURY III. U.S. savmgs bonds and notes TABLE 39. Sales and redemptions of Series E through K savings bonds by series, fi.scal years and monthly 1970 ^ 2 [In miuions of dollars] Fiscal year or month Sales Accrued discount Sales plus accrued discount Total Redemptions Original purchase price Accrued discount Amo unt outstan Lding 3 Interestbearing Matured noninterestbearing Series E and H July August September October November December 1970 January February March. April May June _-_ I Total through June 30, ,95L July August September October November December 1970 January February March AprU... May June.. 79, , , ,670.1._ 4,506.0._ 4, , ,42L5.- 4, , , , ,965.4._ 4, , ,449.2 Footnotes at end 0: f table. _ L , :: 8 9, , , , , , , , , , , , , , , , L L L L2 1, , , , , , , , , , , , , , , , , , L L L2 33, , , , , , , , , , , , , , , , , L Series F, G, J, and K 12, , , , , , , , , L8 L3 L8 1.5 L3 L4 45, , , , , , , , , , , , , , , , L L , , , , , , , , ,91L L2 L2 L6 1.1 L6 L3 LO L2 3, , , L , , , , , , , , , , ,68L6. 50, ,57L7. 51, , Total through June 30, , , , , , , , , , , , , , 549.4, , , , , , , , , , , , , , L L L

219 STATISTICAL APPENDIX 211 TABLE 39. Sales and redemptions of Series E through K savings bonds by series. fiscal years and monthly Continued [In millions of douars] Fiscal year or month Sales Accrued discount Sales - plus accrued discount Total Redemptions Original purchase price Accrued discount Exchanges out Araount OfE standing bonds for (interest- H bonds bearing) July August September October Noveraber Deceraber 1970 January February March. AprU. May June I Total through June 30, , July August Septeraber October Noveraber December January... February March.. AprU.. May June. 77, , , , , , , , , , ,112. 3,- 4, , , , , , , L n.2. n , , , , , , , , , , , , , , , , L L , , , , , , , , , , , , , , , , n , , L , n n.2 n Series E , , , , , , , , , , , , , , , L L Series H L L8 5, L , , , , , , , , , , , , , , , , L L L8. 5, L , , , Total through June 30, , , , , , ,854.1 Footnotes at end of table. in L L , n.i L9 20L , n.i L9 37, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

220 REPORT OF THE SECRETARY OF THE TREASURY TABLE 39. Sales and redemptions of Series E through K savings bonds hy series, fiscal years and monthly 1970 ^ 2 Continued Fiscal year or month Sales Accrued discount Sales plus accrued discount. Redemptions Total Original Accrued purchase discount price Amount outstanding Interest bearing Matured noninterestbearing Series F ' " [., 4, (*) (*) (*) L4 (*) 5, L4 (*) 2, L3 L4 2, L6 LO LO , , , , L L0 in.i 9L Total through June 30, , , , , , , July August September October 1970 January February April May (*) (*) '.1 (*).1 (*) (*) (*) (*) , , Series G 9, , , , , , L , , , , L , , , , , m.i m Total through June 30, , July..." August September November 1970 January February March AprU... May. June Footnotes at end of table. 23, , ,

221 STATISTICAL APPENDIX 213 TABLE Sales and redemptions of Seizes E through K savings bonds hy series, fiscal years and monthly 1970^^ Continued Fiscal year or month Sales Accrued discount Sales plus accrued = discount Total Redemptions Original pm-cliase price Accrued discount Amount outstanding Interest bearing Matured noninterestbearing Series ;J I (*) (*) n LO LO L L L3. 48L " Total through June 30, , , July..- - August Septeraber October... November Deceraber 1970 January February March AprU May - June L5.9 Ll LO ; L Series K , , (*) (*) ILl , , , , , , , , , , Total through June 30, , , , , _juiy August Septeraber October.. Noveraber Deceniber Footnotes at end of table. LO LO

222 REPORT OF THE SECRETARY OF THE TREASURY TABLE 39. Sales and redemptions of Series E through K savings bonds by series, fiscal years and rhonthly 1970^"^ Continued Redemptions Amount Sales outstanding Accrued plus Fiscal year or nionth Sales discount accrued Total Original Accrued Interest Matmed discount purchase discount bearing nonprice interestbearing Series K Continued 1970 January.4 February.4 March.3 April.3 May.1 June *Less than $50, Sales and redemption figures include exchanges of rainor aniounts of raatured Series E for Series G and K bonds frora May 1951 through April 1957, and Series F and J for Series H bonds beginning January 1960; they exclude exchanges of Series E for Series H bonds. Rederaption figures for fiscal and fiscal years also include the raaturing Series F and G savings bonds exchanged for raarketable Treasury securities during special exchange offerings. The araounts involved were $416.6 million in 1953, $.7 million in 1954, $745.4 raulion in 1960, $147.3 miuion in 1961, $320.1 million in 1962, and $75.1 raiuion in Sales of Series E, F, and J bonds are included at issue price, and their rederaptions and amounts outstanding at current redemption value. Series G, H, and K bonds are included at face value throughout. 3 Matured F, G, J, and K bonds outstanding are included in the interest-bearing debt until all bonds of the annual series have matured, and are then transferred to matured debt on which interest has ceased. NOTE. Series E and H are the only savings bonds now being sold. Series A-D, sold frora Mar. 1, 1935 through Apr. 30, 1941, have all matured and are no longer reflected in these tables. Series F and G were sold from May 1, 1941, through Apr. 30, Series J and K were sold from May 1, 1952, through Apr. 30, Sales figures for Series F, G, J, and K after fiscal 1957, represent adjustraents. Details by raonths for Series E, F, and G bonds from May 1941 wiube found on p. 608 of the 1943 annual report, and in corresponding tables in subsequent reports. Monthly detail for Series H, J, and K bonds wiu be found in the 1952 annual report, pp. 629 and 630, and in corresponding tables in subsequent reports.

223 TABLE 40. Sales and redemptions of Series E and H savings bonds by denominations, fiscal years and monthly 1970 ^ [In thousands of pieces. Estimated on basis of dauy Treasury stateraents and reports frora Bureau of the Pubhc Debt] Fiscal year or month Total, au denominations 2 $25 $50 3 $75 $100 4 $200 $500 $1, 000 $5, $10, 000 Sales ' ,696,608 1,155, ,053 56, ,160 56, ,431 54, ,882 52, ,607 52, ,495 53, : " ,479 53, ,627 54, ,609 59, ,560 60, ,500 63, ,433 71, ,279 75, ,184 78, ,026 78, July... 10,679 7,389 August... 8,851 5,844 Septeniber 8,415 5,566 October 11,488 8,002 November. 7,325 4,900 December 9,401 6, January 9,807 6,738 February.. 9,321 6,104 March. 11,121 7,319 ApriL.. 9,718 6,562 May 9,189 5,890 June... 11,712 7, , ,789 8,798 26,230 27, ,784 10, ,608 1, ,256 9, ,320 1, ,043 9, ,304 1, ,108 9, ,212 1, ,220 9, ,165 1, ,434 9, ,201 1, ,901 9, ,186 1,237 30' 21,903 9, ,233 1, ,324 1,006 1,220 1, ,947 1,141 10, ,087 1, ,704 1,469 10,714 1,010 1,101 1, ,476 1,749 11,411 1,068 1,131 1, ,823 1,860 10, ,106 1,822 10, ,675 1,682 10, , , , (*) 2, , (*) 2, (*) 1, , , , , , , , ZP > y^ h-i ZP h-i a > > h-l Redemptions ,229, , ,953 60, ,175 60, ,452 59, ,647 56,036 I ,748 56, ,077 54, ,804 52,958 Footnotes at end of table. 182, ; ,032 3, , ,503 9, ,255 1, ,165 10, ,354 1, ,467 10, ,320 1, ,598 10, ,301 1, ,507.: 10, ,351 1, ,654 9, ,076 1, ,746 9, ,077 1, to

224 TABLE 40. Sales and redemptions of Series E and H savings bonds by denominations, fiscal years and monthly 1970^ Cont. [In thousands of pieces. Estimated on basis of dauy Treasm-y statements and reports frora Bureau of the Public Debt] Fiscal year or month Total, all denominations 2 $25 $50 3 $75 $100 4 $200 $500 $1, 000 $5,000 56$10, , , , , , , , , July 11,210 August 9,890 September 9,867 October.. 10,034 Noveraber 7,693 Decembei- 9, January 10,293 February 9,981. March 11,585 AprU 9,669 May 8,415 June 10,884 53,018 55, ,736 59,235 61,960 66, ,560 76,446 7,176 6,411 6,360 6,467 5,066 6,151 6,400 6,288 7,468 6,178 5,434 7,045 *Less than 500 pieces.» Sales of Series H began on June 1, 1952, the. denominations authorized were: $500, $1,000, $5,000, and $10, Totals include $10 denoraination Series E bonds sold to Armed Forces only from June 1944 March Details by years will be found in the 1952 annual report, pp. 631, 633; thereafter, monthly detail for each fiscal year appears in a footnote to the redemptions by denorainations table of successive annual reports. Details in thousands of pieces by raonths in fiscal year 1970 follow: 1970 Fiscal year >> H-S CQ 2 o O 2 > o 2 6 P 2 i l-s 3 3 c3 3 a < 3 ^ 2 Hi 3 19, , , , ,627 23,604 25,308 25, 789 2,459 2,152 2,181 2,177 1,618 1,897 2,271 2,257 2,515 2,117 1,806 2,339 "3 "o EH 30 (*) ,032 1,205 1, ,715 9,080 9,322 9,822 9, , , ,410 1, , , ' 1, ,005 1,051 1,070 1,113 1,084 1,107 1,165 1, no ,028 1,088 1,122 1,182 1,169 1,208 1,266 1, no Sales of $75 denomination Series E bonds began in May Sales of $200 denomination Series E bonds began in October Sales of $10,000 denomination Series E bonds were authorized on May 1, Includes sales of $100,000 denomination Series E bonds which are purchasable only by trustees of employees' savings plans beginning April 1954, and personal trust accounts beginning January See table 39, footnote I o S3 o ^ W ZP Q S3 > O M Si > ZP d y<

225 STATISTICAL APPENDIX 217 TABLE 41. Sales and redemptions of U.S. savings notes, fiscal years and monthly 1970 [In miuions of dollars] Fiscal year or month Sales Accrued discount Sales plus accrued - discount Redemptions Total Sales Accrued price discount Amount outstanding L o.'s" 1L L5 20L (*) (*) (*) L4 5.7 L Total through June 30, July. August September October November December 1970 January February March April May June L L L6 1.7 L8 L8 L L L ILl n.o n Less than $50,000. NOTE. Sales of U.S. savings notes began May 1,1967. For details on terms and conditions, see 1967 annual report, pp

226 REPORT OF THE SECRETARY OF THE TREASURY TABLE 42. Sales of Series E and H savings bonds States, fiscal years 1969, 1970 and cumulative ^ [In thousands of douars, at issue price. On basis of reports received by the Treasury Department, with totals adjusted to basis of dailytreasury statements] States Fiscal year 1969 Fiscal year May June 1970 Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Colurabia Florida Georgia Hawaii. Idaho IlUnois Indiana.. Iowa Kansas Kentucky Louisiana Maine. Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey. New Mexico New York North Carohna North Dakota Ohio Oklahoma. Oregon Pennsylvania. Rhode Island South Carolina South Dakota Tennessee Texas Utah -- Vermont -.. Virginia Washington WestVirginia Wisconsin Wyoming Canal Zone - Puerto Rico - -. Virgin Islands Undistributed and adjustraent to daily Treasury stateraent. Total 37,391 2,762 21,183 17, ,861 26, , ,440 36,862 78,422 52, ,466 4, , , ,451 43,552 43,084 35,309 12,498 81, , ,256 49, , ,856 9,824 38, 981 6,512 9, ,221 12, ,304 47,502 8, ,488 45,450 24, , ,114 23,143 11, , ,855 19, 617 5,210 83, ,395 38, , 514 4,337 3,313 4, ,249 4, 549, ,281 2,253 21,117 15, ,883 26,693 67,876 19,421 33,436 75, ,861 13,896 5, , ,679 63,578 41,862 44,248 32, ,949 78,434 no, ,185 50,088 13, ,274 9, ,090 6,617 9, ,259 12, ,241 47,250 9, ,171 42, , , , ,730 11,539 41, ,043 20,024 5,027 80,101 48,845 36,155 70,374 4,012 3,191 3, f 616,108 4,449,211 1,389, , , , 529 9, 989,402 1, 078, 215 2,306, , 731 1,492,140 2,049,344 ' 1,591, , ,034 11, 519, 982 4,125, 748 3,829, 630 2,243,859 1, 601,269 1,358, ,037 1,981,731 4,062,505 8,318,076 2,580, ,008 4,159, , 370 2,249, , ,099 5,607, , ,391, 502 1,607, ,099 9,193,417 1,751,655 1,288, ,431, , , , 382 1,473,300 4,977, , ,161 2,435,978 2,228,715 1,465, 508 3,168, , , ,287 5, ,896, ,515, Figures include exchanges of minor aniounts of Series F and J bonds exchanged into Series H bonds frora January 1960 through October 1964 and Series J for H through October 1969; however, they exclude Series E bonds exchanged for Series H, which are reported in table Excludes data for period April 1947 through Deceniber 1956, when reports were not available. In the annual reports for data for period May 1941 through March 1947 were included with "Other Possessions." 3 Includes a sraall araount for other possessions. NOTE. Sales by States of the various series of savings bonds were published in the annual report for 1943, pp , and in the subsequent reports; and by months at intervals in the "Treasury BuUetin," beginning with the issue of July Since Apr. 30,1953, figures for sales of Series E and H bonds oiuy have been available by States.

227 STATISTICAL APPENDIX 219 TABLE 43. Savings bonds outstanding, by series and denomination, as of June 30, 1970 [In thousands of pieces] Series i Total - $10 $25 $50 $75 Denoniination $100 $200 $500 $1,000 $5,000 $10,000 $100,000 E. 507, I-I A.. 6,459 1 B.... C D F G.. 48 J K 38 3 Total , , , , 296 (*) 5 115, 302 4,781 4,781 78, 525 (*) , 585 8,584 8,584 11,419 2,556 (*) (*) '\ , , 462 3, 529 (*) (*) (*) , 016 ""289" 1 (*) (*) (*) (*) *Less than 500 pieces. I Currently only bonds of Series E and H are on sale

228 REPORT OF THE SECRETARY OF THE TREASURY IV. Interest TABLE 44. Amount of interest-bearing public debt outstanding, the computed annual interest charge, and the computed rate of interest, June SO, , and at the end of each month during 1970 [On basis of dauy Treasury statements, see "Bases of Tables"] End of fiscal year or month Interest-bearing debtl Computed annual interest charge 2 Computed rate of interest' 1939 $39, 886,969, , 376,495, , 387,399, , 968,418, , 380,305, , 643,355, , 366, 616, , 110,872, , 113,412, , 063,348, , 761,636, , 209,353, , 851,766, , 862,861, , 946,017, , 909,766, , 741,267, , 883,068, , 485,662, , 697,660, , 833,362, , 241,182, , 671,608, , 442,000, , 953,730, , 356,561, , 112,816, , 431,054, , 285,952, , 400,507, , 729,446, Footnotes at end of table. $1,036,937, ,094,619, ,218,238, ,644,476, ,678,779, ,849,254, ,963,730, ,350,772, ,374,409, ,455,476,79L0U 5, 606,929, , 612,676, ,739,615, ,981,357, ,430,991, ,298,069, ,387,225, ,949,699, ,326,146, ,245,154, ,065,917, ,316,066, ,495, ,618,857, ,119,294, ,900,360, ,466,618, ,516,397, ,952,924, ,403, , 086, 631, Percent L929 L

229 STATISTICAL APPENDIX 221 TABLE 44. Amount of interest-hearing public debt outstanding, the computed annual interest charge, and the computed rate of interest, June 30, , and at the end of each month during 1970 Continued Interest-bearing debt 1 Computed annual interest charge 2 Computed rate of interest 2 Percent ,025,522, ,338,884, July...: ,122,266, ,542,875, August 358,328,655, ,892,783,83L September 358,818,229, ,100,482, October...: 362,420,072, ,848,169, ; November 366,262,722, ,232,955, December.. 366,221,365, ,539,481, January...: 365,619,701, ,656,806, February. 366,858,331, ,073,184,30L March 369,963,026, ,175,164, AprU 365,099,022, ,666,756, , May 369,143,871, ,256,697, June - 369,025,522, ,338,884, > Includes face amount of securities, except that current redemption value is used for savings bonds of Series C-F and J, U.S. savings notes, and retirement plan bonds. The face value of matured savings bonds and savings notes outstanding Is included untu au of the annual series have matured, when the enthe amount is transferred to matured debt on which interest has ceased. 2 Comparable annual data are contained in 1962 annual report, p Current monthly figures are published in the Treasury Bulletin. Comparable monthly data appear in 1936 annual report, p. 442, and from 1937 in later reports. Annual interest charge monthly appears in 1929 annual report, p NOTE. The computed annual interest charge represents the ampunt of interest that would be paid if each interest-bearing issue outstanding at the end of the month or year should remain outstanding for a year at the apphcable annual rate of interest. The charge is computed for each issue by applying the appropriate annual interest rate to the amount outstanding on that date. Beginning Dec. 31,1968, the coraputed average rate is based upon the rate of effective yield for issues sold at premiums or discounts. Before that date the computed average rate was based upon the coupon rates of the securities. That rate did not materiauy differ from the rate on the basis of effective yield. The "eflective yield" method of computing the average interest rate on the public debt more accurately reflects the interest cost to the Treasury, and is believed to be in accord with the intent of Congress where legislation has required the use of the rate of effective yield for various purposes.

230 TABLE 45. Computed annual interest rate and computed annual interest charge on the puhlic debt by classes, June 30, [Dollar amounts in mulions. On basis of dauy Treasury statements, see "Bases of Tables"] to End of fiscal year or month Total - pubhc debt Total 1 BUls 2 Marketable issues Certificates Notes Treasury bonds Total Savings bonds 3 Nonmarketable issues Tax and savings notes 3 Other Special issues O July August September October... November December January... February. March April May June L958 L L L L L163 L875 L L928 L Computed annual inte -est rate L344 L399 L L L383 L567 L o ZP o o y^ w a y^ > ZP d

231 Computed annual interest charge July August September. October Noveraber. December January... February. March AprU May June $5,613 6,740 5, ,298 6,387 6,950 7,325 7,245 8,066 9,316 8,761 9,519 10,119 10,900 11,467 12,516 12,953 15,404 17,087 20, , , ,100 18, , , , , , , , 339 $3,040 2,731 2,879 3,249 3,071 3,225 3,758 4,210 4,242 6,133 6,317 6,718 6,422 6,944 7,613 7,878 8,580 8,709 10, ,703 13,743 12,109 12, , , , , , ,042 14, , ,076 13, 743 $ ,046 1, ,212 1,433 1,855 2, ,595 2,490 3,573. 4, , , , , ,946 6,101 6, ,178 5, , , $ , $ ,088 2,084 2,408 2,043 2,591 2,017 2,186 2,339 3,764 4,473 5,998 4,473 4,500 4,500 5,051 5,051 5,050 5,050 5,534 5,535 5,533 5,999 5,998 $2,387 1,835 1,753 1,903 1,962 2,010 2,034 2,005 2,341 2,221 2,145 2,288 2,344 2,740 3,067 3,727 3,718 3,585 3,347 2,928 2,364 2, 927 2,926 2,925 2,627 2,626 2,608 2,606 2,378 2,369 2,367 2,366 2,364 $1, 735 2, , ,044 1,972 1,881 1,787 1,728 1,754 1,781 1,798 1,830 1,878 1,948 2,049 2,080 2,259 2,341 2,601 2,343 2,341 2,343 2,381 2,377 2,515 2,518 2,541 2,559 2,537 2,535 2,601 $1,581 1,579 1,583 1,598 1,622 1,647 1, ,573-1,520 1,496 1,566 1,619 1,642. 1,682-1,734. 1,770 1,892 1,936 1,973 2,009 2,147 2,006 2,005 2,004 2,004 2,018 2,147 2,143 2,142 2,142 2,144 2,146 2,147 $ (*) $ $ ,010 1,115 1,128 1,118 1,220 1,234 1,216 1,206 1,245 1,263 1,299 1,345 1,509 1,641 1,888 2, ,042 3, 995 3,090 3,194 3,238 3,"212 3, 287 3,421 3,382 3,490 3,536 3,520 3,645 3,995 ZP H >»rl S h-l > ^ W V, s n X *Less than $600,000.» Total includes Panama Canal bonds prior to 1961, and posta] savings bonds prior to Included in debt outstanding at face amount, but the annual interest charge and the annual interest rate are computed on the discount value. 3 The annual interest charge and annual interest rate on United States savings bonds amd United Sta;tes savings notes are computed on the basis of the rate to maturity applied against the amount outstanding. NOTE. For methods of computing annual interest rate and charge see note to table 44. See table 26 for amounts of public debt outstanding by classification. For figures for see 1966 annual report, pages to CO

232 REPORT OF THE SECRETARY OF THE TREASURY TABLE 46. Interest on the public debt by classes, fiscal years [In miuions of douars, on an accrual basis. On basis of Public Debt accounts] Class of securities Public issues: Marketable: Treasury bills» Certificates of indebtedness Treasury notes Treasury bonds ' Total marketable issues Nonmarketable: Depositary bonds Foreign currency series: Certificates of indebtedness Treasury notes _.. Treasury bonds.- Foreign series: Certificates of indebtedness Treasury notes... Treasury bonds Treasmy bonds, investment series Treasmy bonds, REAseries U.S. savings bonds: Series E, F, and J i.. Series G, H, and K U.S. savings notes * U.S. retirement planbonds Treasury certificates Treasury bonds Other... Total nonmarketable issues Total public issues Special issues: Certificates of indebtedness Treasury notes Treasury bonds Other 2 Total special issues Total interest on public debt Total interest and charges , , , L ,05L1 10, , , , on , , , , , , (*) - 2, no. 3 11, L , , , , , , ,08L0 4, , , , , , L2 2, , L3 Ll.4 L3 2, , , , , , , , , , , , , , L , , , , , , , Less than $50, Amounts represent discount treated as interest. 2 Charges for gold and foreign cmrency pmchases authorized by act of June 19,1962 (22 U.S.C. 286e-2(c)) and act of Oct. 23,1962 (76 Stat. 1168).

233 v. Prices and yields of securities TABLE 47. Average yields of taxahle ^ long term Treasury honds hy months, Octoher 1941-June 1970 [Averages of daily figures. Percent per annum compounded semiannuauy] Year Jan. ^Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Average I « , ^ >; H ZP H 1 TI M U Taxable bonds are those on which the Interest is subject to both the normal and surtax rates of the Federal income tax. This average commenced Oct. 20, Prior to October 1941 yields were on partiauy tax-exempt long-term bonds. For January 1930 through December 1945, see the 1966 amiual report, page 492, and for January 1919 through December 1929, see the 1943 annual report, p Be^nlng Oct. 20, 1941, through Mar. 31, 1952, yields are based on bonds neither due nor cauable for 16 years; beginning Apr. 1, 1962, through Mar. 31, 1963, on bonds neither due nor cauable for 12 years; beginning Apr. 1,1963, on bonds neither due nor cauable for 10 years. NOTE. For bonds selling above par and cauable at par before maturity, the yields are computed on the basis of redemption at first cau date; whue for bonds seuing below par, yields are computed to maturity. Monthly averages are averages of dauy figures. Each daily figure is an unweighted average ofthe yields ofthe Individual issues. Yields before 1953 are computed on the basis of the mean of closing bid and ask quotations in the over-the-counter market. Commencing AprU 1963, yields, as reported by the Federal Reserve Bank of New York, are based on over-the-counter closing bid quotations. See Treasury Bulletin for current monthly yields. to to Ol

234 to to TABLE Prices and yields of marketable puhlic debt issues June 30, 1969, and June 30, 1970, and price range since first traded [Price decimals are 32d's and -^ indicates additional 64th's] Issue Bid June 30, 1969 June 30, 1970 Price range since first traded 2 Price Treasury bonds: 4%0ct. 1, h 2H% Dec. 15, % Feb. 15, H% Mar. 15, % Aug. 16, H% Mar. 15, % Aug. 15, ^% Nov. 15, % Feb. 15, M% June 15, % Aug. 15, L08 9L 16 2H% Sept. 15, K% Dec. 15, % Aug. 15, H% Nov. 15, H% Feb. 15, >4% May 15, ^% Nov. 15, ^% May 15, % Feb. 15, L 00 3H% Nov. 15, M% June 15, L ^% May 15, L00 3M% Feb. 15, K% Aug. 15, % Feb. 15, K% May 15, % Feb. 15, >^% Nov. 15, Ask Yield to - cau or maturity 3 Percent Bid Price Ask Yield to cau or maturity 3 Percent IOL IOL L IOL IOL L lll IOL IOL High Price Date Price Apr. Apr. Jan. Apr. Aug. Apr. Dec. Dec. Dec. Apr. Dec. Apr. Apr. Nov Nov. Jan. Jan. Apr. May May May Aug. June Apr. Dec. Jan. Aug. June May 21,1958 6, ,1965 6,1946 2, , , , , , ,1962 6,1946 6, , , , , , , , ,1961 4, , , , , , , , L L L L L L Low Aug. 29,1966 Jan. 6,1960 Aug. 29,1960 Jan. 6,1960 Aug. 29,1966 Jan. 6,1960 Aug. 29,1966 Aug. 29,1966 Oct. 1,1969 Jan. 6,1960 Dec. 29,1969 Jan. 6,1960 Jan. 6,1960 Dec. 29,1969 Dec. 29,1969 Dec. 29,1969 Dec. 29,1969 Dec May Dec May May 26,1970 May 26,1970 May 26,1970 May 26,1970 May 26,1970 May 26,1970 May 26,1970 May 26,1970 yt O o "^ w ZP H- a > o ^ y ^ W S3 > ZP Kl

235 Treasury notes: 6H%D, Aug. 15, % A, Nov. 15, ^% C, Feb. 15, y%T>, Feb. 15, K% A, May 15, % E, May 15, M%F, Aug. 15,1971 : IOL ^%B,Nov. 15, M% G, Nov. 15, M% A, Feb. 15, M% B, May 15, M% A, May 15, y% B, Aug. 15, IOL 04 IOL ^%B, Aug. 15, M% A, Nov. 16, " 6M% A, Feb. 15, : % B, May 15, M% A, Feb. 15, ^%B,May 15, y% C, Aug. 15, % A, Feb. 15, J K% EO, Oct. 1, K% EA, Apr. 1, M% EO, Oct. 1, M% EA, Apr. 1, L H% EO, Oct. 1, H% EA, Apr. 1, M% EO, Oct. 1, H% EA, Apr. 1, H% EO, Oct. 1, L ^% EA, Apr. 1, L M%E0, Oct. 1, H% EA, Apr. 1, June Apr. Aug. Mar. Apr. Mar. Mar. Apr. May Apr. May Oct. Mar. Sept. Jan. July Aug. Apr. May Oct. Mar. Aug. Feb. June June June Aug. Dec. Oct. Oct. Apr. Mar. Apr. 30, , , , , , , , , , , ,1970 7,1968 2,1968 7,1968 1, , July July July Jan Sept Sept OZy Jan Oct May Dec. 9L30 Dec May 100. OSy Jan Dec Dec, Dec Jan. 9L20 Jan Jan May May Sept Aug Aug Sept Oct Dec Jan Jan Jan Jan Jan May 1,1969!, ,1969 ', 1970,, ,1969 1,1970 1, , ', 1969, K ,1970,1970,1970 1,1966 1,1966 1,1966,1966, 1966, ,1970 ', 1970, ,1970 1,1970 1,1970 ZP t I ZP o > > 1 Excludes Treasury bills, which are fully taxable. For description and amount of each issue outstanding on June 30,1970, see table 28; for inforraation as of June 30,1969, see 1969 "Statistical Appendix," p Beginning April 1953, prices are closing bid quotations. Prices for prior dates are the mean of closing bid and ask quotations; "when issued" prices are included in price range. Dates of highs and lows in case of recurrence are the latest dates. Issues with original maturity of less than 1 year are excluded. 3 Yields are computed to earliest call date when prices are above par and to matm-ity date when prices are at par or below. NOTE. Prices and yields (based on closing bid prices) on June 30, 1969 and 1970 are over-the-counter quotations, as reported to the Treasury Department by the Federal Reserve Bank of New York. Yields are percent per annum compounded semiannuauy except that on securities having only one interest payment, they are computed on a simple interest basis. to to

236 to to 00 o o VI. Ownership of Federal securities TABLE 49. Estimated ownership of Federal securities outstanding June 30, [Par value.i In biuions of douars] o June 30 Total amount outstanding 2 Total Held by banks Commercial banks Federal Reserve banks Held by U.S. Government accounts Total Held by private nonbank investors ndivid-uals 3 Insurance companies Mutual savmgs banks Corporations * State, and MisceUalocal gov- neous ernments «hivestors ^ K o I. Pubhc debt issues I n L nn.o r IILO ' 59.7 ' L L L ' ' ' L4 1L ' ' L ' 23.6 ' 24.6 ' L ' ' y ^ > CO d Kj

237 II. Agency issues ^ I LO L5 L Except data including U.S. savings bonds of Series E, F, J, and U.S. savings notes, which are at current redemption value. 2 Securities issued by the Treasury and Government agencies that are classified as debt under the new unifled budget concept. For debt subject to limitation, see table Includes partnerships and personal trust accounts. * Exclusive of banks and insmance companies.» Comprises trust, sinking, and investment funds of State and local governments Territories, and possessions ILl L8 LO L4 1.4 L9 L L2 L Ll L3 L4 L2 LO LO.6 Ll.4.4 Ll L6 L8 2.0 L L8 2.0 '2.9 L4 LO fl Includes savings and loan associations, nonprofit associations, corporate pension trust funds, dealers and brokers, and investments of foreign balances and intemational accounts in this country. Also included are certain Government deposit accounts and Government-sponsored agencies. 7 See text of Federal Debt Management section (pages 11-23, 1970 Annual Report) for a discussion of issuing agencies and the changes in fiscal ^Revised. CQ I ZP a % % to to CO

238 REPORT OF THE SECRETARY OF THE TREASURY TABLE 50. Summary of Treasury survey of owner [Par value. In Held by private investors covered in Treasury survey Classification Total araount outstanding i U.S. Government accounts and Federal Reserve banks Total private investors Comraercial baiu5s2 Mutual savings banks 2 June 30 June 30 Jurie 30 June 30 June Number of institutions or funds PubUc debt issues: Interestbearing public debt securities: Marketable Nonraarketable 5 Special issues Total public debt securities. Government agency issues: Regular issues Participation certificates f Total Government agency securities covered in Treasury survey Nonsurveyed Government agency securities... _ Total Government agency securities Memorandura: Securities issued by selected Governraent-sponsored agencies K , ,822 _. 226, ,599 58,833 60,103 66, ,323 1,963 10,414 12,377 1,880 14,256 1,913 8,813 10, 726 1,783 12,509 70,099 2,071 66, ,453 2, , ,689 2,071 76, ,211 2, ,663 Total Federal securities.. 367, , , , , , ,008 56, ,826 7,961 9,787 1,623 11,410 24, ,911 44,132 58, ,813 6,602 8,416 1,640 9,955 35,705 6, ,937 2,212 3,868 6,743 42, ,424 1,666 4, , , , Total interest-bearing public debt securities.. 351, , , , , ,142.44,187 42,500 3,293 2,862 Matured debt and debt bearing no interest.. 1,991 1,893 1,991 1, , , , , , ,035 44,187 42,600 3,293 2, ,407 1 Securities issued by the Treasury and Government agencies that are classified as Federal debt under the unified budget concept. For debt subject to limitation, see table Excludes trust departments. 3 Included with au other investors are those banks, insurance corapanies, savings and loan associations, corporations, and State and local government funds not reporting in the Treasury survey. Also included are certain (Jovernment deposit accounts and Government-sponsored agencies.

239 ship of Federal securities, June 30, 1969 and 1970 mulions of dollars] STATISTICAL APPENDIX 231 Held by private investors covered in Treasury survey Continued Insurance companies Life Fire, casualty, and marine Savings and loan associations State and local governments General funds Pension and retirement funds AU other private investors 3 Corporations Memorandum: Held by corporate pension trust funds«june 30 June 30 June 30 June 30 June 30 June 30 June 30 June ,761 36,401 3, , , , , , , , , , , , ,591 56, ,303 67, , , ,419 3,270 3,230 2,658 4,483 3,574 5,378 3,640 9,411 9,848 4,294 3, , ,298 2,007 1,922 1,991 1,893 3,419 3,270 3,230 2,658 4,483 3,574 5,378 3,640 9,411 9,848 4,294 3, , ,191 2,007 1, , , ,075 1,132 4,051 3, = ,693 1, ,859 3, ,076 22, Consists of corporate pension trust funds and profit sharing plans which involve retirement benefits. Quarterly data are presented in the Survey of Ownership section of the "Treasury Bulletin." 5 Series E U.S. savings bonds and U.S. savings notes are included at current redemption value. 6 Export-Import Bank and Government National Mortgage Association issues. ^ Federal Home loan banks. Federal land banks, and beginning in.1969, the Federal National Mortgage Association, banks for cooperatives, and Federal intermediate credit banks. 8 Includes securities issued for use as collateral for short term borrowings.

240 REPORT OF THE SECRETARY OF THE TREASURY Account of the Treasurer of the United States TABLE 51. Assets and liabilities in the account of the Treasurer of the United States, June 30, 1969 and 1970 [From records of the Treasurer's OfBce. The balances shown in this table give eflect to all transactions through June 30, including those for which reports were received after that date. They may, therefore, difler from balances in daily Treasury statements dated June 30 which are published on the third business day in July. See "Bases of Tables"] GOLD June 30, 1969 June 30, 1970 Increase, or decrease ( ) Assets: Gold $10,366,990, $11,367,017, $1,000,027, Liabilities: Gold certificates. Series of 1934, outstanding, 1,277, ,277, Gold certificate fund Board of Governors, Federal Reserve System 10,026,113, ,044,113, ,018,000, International Monetary Fund gold deposit - 227,992, ,492, ,499, Gold balance 111,606, ,133, , Total 10,366,990, ,367,017, ,000,027, GENERAL ACCOUNT Assets: In Treasury oflqces: Gold balance (as above) 111, 605, , 133, , Silver dollars 3,017, ,043, , Fractional coin 130,635, ,924, ,610, Paper currency - 159,407, ,195, ,211, Coinage metal: Silver ,183, ,966, ,218, Other 120,068, ,698, ,360, Unclassified collections, uncollected items, exchanges, etc. (net)._ 117,527, ,611, ,016, SubtotaL 754,336, ,472, ,863, Deposits: In Federal Reserve banks: Available funds 1,257,903, ,004,736, ,168, In process of couection. 393,210, ,921, ,289, In special depositaries, Treasury tax and loan accounts 4,624,839, ,929,180, ,404,340, In national and other bank depositaries 161,816,39L ,777, ,038, In foreign depositaries 58,970, ,682, ,288, Funds in transit between depositaries- 403,330, , 032, ,298, Subtotal. 6,790,072, ,810,329, ,020,266, Total assets. Treasurer's account 7,644,408, ,290,801, ,746,393, D educt net transactions in transit as of June ,870, ,905, ,964, General account balance, as published in daily Treasury statements 7,103,538, ,016,895, ,912,357, Coinage metal valued at $76,069, (see table 67) less $3,361, payable to vendors of such metal.

241 STATISTICAL APPENDIX 233 TABLE 52. Accountability of the Treasurer of the United States on an accounting hasis, June SO, [On basis of dauy Treasmy statements and accounts of the Treasmer of the United States] Published In Transactions lu Fiscalyear dailytreasury transit as of Total statements June $6,766,466,061 -$27,889,624 $6,738,666, ,216,666,047 61,116,375 6,266,781, ,646,183, ,384,165 6,799,668, ,589,952,362 68,517,897 5,648,470, ,749,102,978 48,349,862 9,797,452, ,350,391,763 41,300,160 6,391,691, ,004,740, ,277,138 8,156,018, , , ,633 6, , ,430,393,649 73,817,403 10,504,210, ,116,176, ,232,225 12,380,408, ,035,731,209 80,408,596 11,116,139, ,610,264,635 99,732,049 12,709,996, ,407,377,210 42,138,112 12,449,515, ,758,994, ,526,350 7,878, ,694,062,122 90,630,717 6,784, ,103,638, ,870,370 7,544,408, ,015,895, ,905,835 9,290,801,616

242 to CO Pi TABLE 53. Analysis of changes in fax and loan account balances, fiscal years [In miuions of dollars. On basis of telegraphic reports] o H O July August Septeniber. October Noveraber.. Deceraber.. Fiscal year or month Credits Proceeds from sales of securities» Savirigs Rethement Tax bonds and plan and anticisavings tax and loss pation notes 2 bonds s securities 2,679 2,787 2,725 2,699 (*) 2, , , , , , , (*) 199 (*) (*) 183 (*) Other 7,784 7,920 7, 613 1, 788 6,898 3,774 2,963 3,830 2,014 2,340 7,368 1,627 7, 643 1,173 9,638 9, ,408 5, ,043 3, 640 3,374 2,105 "3,'823.'.'.'-".".'.'-'.'.' 2,407 (*) Taxes Withheld excise and corporate * Income (by special arrangement) * Total credits Withdrawals End of period Balance During period High Low Average 33,059 6, ,782 6,458 6,458 1,390 4,103 34,511 9,142 55,842 56,847 5,453 7,653 1,161 4,151 37,519 6,521 56,438 53,076 8,816 8,889 1,531 4,457 41,267 6,835 57,595 56,085 10,324 10,324 2,535 5,325 43, ,277 59, , , ,050 58, ,872 1,844 6,431 48,478 14,522 74,699 75,338 10,050 11, ,324 70, ,382 97,160 4, , ,741 4,113 8,004 1, , , ,921 4,525 9, , , , ,317 6,929 7, ,022 8,966 12,559 12,453 4,630 6,460 1,472 4,169 9,874 12,178 13, ,901 1,083 2,912 13,591 13,788 11,289 5,519 6, ,553 8,565 12,595 13,712 4,402 5,468 1,180 2,945 9,780 12,371 11,438 5,335 5,967 1,541 3,746 13,092 13,303 14,735 3,903 6,640 1,222 3,876 o pi y^ > Pi y< o y^ W Pi > ZP cl Kl

243 1970 January (*) ,238 February 227 (*) March ,438 12, AprU (*) 11, May. 210 (*) 1,535 10,331 12,076 June ,925 15, ,128 15,957 12,452 12, ,819 5,188 5, ,123 4,605 6,929 5,333 6,419 6,666 5,123 6,267 7,990 1,803 3,840 3,487 1,206 3,468 1, ,472 5,331 3,454 4,850 4,632 Less than $500,000. * Taxes eligible for credit consist of those deposited by taxpayers in the depositary * Special depositaries are permitted to make payment in the form of a deposit credit banks, as fouows: Withheld income taxes beginnhig March 1948; taxes on eraployers and for the purchase price of U.S. Governraent securities purchased by thera for their own employees under the Federal Insurance Contributions Act beginning January 1950, account, or for the account of their customers who enter subscriptions through them, and under the RaUroad Retirement Tax Act begiiming July 1951; a number of excise when this method of payment is permitted under the terms of the circulars inviting taxes beginning July 1953; estiraated corporation income taxes beginning AprU subscriptions to the issues. 1967; and au corporation incorae taxes due on or after Mar. 15, U.S. savings notes first offered for sale as of May 1, 1967 and discontinued after ^ Under a special procedure begun in Mar. 1951, authorization was given during certain June 30, periods for income tax payinents, or a portion of them made by checks of $10,000 or 3 Retirement plan bonds first offered for sale as of Jan. 1,1963; tax and loss bonds first more drawn on a special depositary bank to be credited to the tax and loan account in ^ issued hi March that bank. This procedure was discontinued in AprU yq h-i ZP o > to CO CTl

244 bo CO Stock and Circulation of Money in the United States TABLE 54. Currency and coin outstanding, in the Treasury, in the Federal Reserve hanks and in circulation, hy kinds, June 30, 1970 [In thousands of dollars, except per capita figmes. From records of the Treasurer's Oflace, supplemented by reports from Treasury oflfices and Federal Reserve banks. The figmes shown in this table give effect to all transactions through June 30, including those for which reports were received after that date. They may, therefore, difler from similar figures in other tables prepared on the basis of daily Treasury statements. See "Statement of United States Currency and Coin" published monthly] Pi Id o?d O Amounts outstanding Less amounts held by: The Treasury The Federal Reserve banks. Amounts in chculation Amounts outstanding Less amounts held by: TheTreasury. The Federal Reserve banks. Amounts in circulation AMOUNTS OUTSTANDING AND IN CIRCULATION - Total cm-rency and coin 67, 416, ,164 2,947,949 54,360,972 Total , , 220 Currencies presently being issued ' Total 60, 753,085 99, 982 2, 730,443 47, 922, 660 Federal Reserve notes * Federal Reserve notes 2 60,430,646 74,496 2, 730,175 47,625, 876 U.S. notes 3 Currencies no longer issued Federal Reserve bank notes 55, , ,539 25, , 784 National bank notes 20, , 271 Total 6,362,462 16, ,402 6,128,091 3 Gold certificates 5 3, ,731 Coin Standard silver douars 484, 720 3,044 (*) 481, 675 Silver certificates 220, , Fractional coin 5, 877, , , 401 5, 646,416 Treasury notes of ZP O Pi > Pi Kj o W y ^ > ZP d pi

245 $5. $20. $100 $500 $1,000-. $5,000 $10,000 Fractional parts. Total cmrency. Total coin Total currency and coin- Denomination Currency by denominations, and coin, in circulation Federal Reserve notes 2 1,996, 660 "2,'803," 681 8,808, ,731, 442 4, 552, , 241, , , , , 330. *Less than $ Excludes gold certificates. Series of 1934, which are issued only to Federal Reserve banks and do not appear in circulation. 2 Issued on and after July 1, Excludes currencies written off pursuant to the acts approved June 30, 1961, and June 24,1967. See table 58 footnote 1. U.S. notes , , (*) 28,439 3 Cm-rencies no longer issued 160, ,801 28,324 21, ,199 28, (*) 47,625, , ,220 Total 2,157, , 633 2,983,046 8,837,031 17,752,849 4,567,083 11, 297, , ,853 2,930 4,460 (*) 48, 222,880 6,128,091 64,350,972 Comparative totals of raoney in circulationselected dates June May June June June June June June June June June June June June Date 30, , , , , , , , , , , , , ,1915 June 30, Issued before July 1, Issued before Series of Based on Bureau of the Census estimates of population. 7 Highest araount to date. Amount (in milhons) 7 54, , , , , , , , , , , , , , ,148.7 Per capita e L56 5L ZP I ZP h-i Q > > y^ hd a HH to CO

246 bo oo (X) TABLE 55. Stock of money hy kinds, selected years, June SO, pi [In thousands of douars, except percentage of gold to total stock of money. For basis of data see headnote to table 54] hd O Pi Kind of money H3 BulUon and coin: ^ Gold 9,116,643 19,963,091 20,212,973 24,230,720 21,677,576 19,322,238 13,934, ,136, ,138, ,156,525 SUver'buUion (at mo'netary value) 313,309 1,353,162 1,520,295 2,022,835 2,187,429 2,252, ,267,417 (2) (2) (2) H Standard silver dollars 545, , , , , , , , , ,720 ffl Subsidiary coin ' ' 312, , ,798 1,001,574 1,296,140 1,552,106 2,375,327 4,554,118 4,538,237 4,703,397 H Minorcoin " 133, , , , , , ,388 1,022,946 1,085,133 1,174,345 Subtotal 10,420,050 22,439,501 23,356,548 28,126,175 26,101,115 24,173,340 18,914,934 16,198,695 16,247,087 17,518,986 ^ Less: Gold, silver bulhon, and standard silver G douars held as security for, or redemption g of outstanding paper currencies ,287,471 19,807,106 20,079,777 25,504,665 23,594,948 21,611,053 14,715,025 10,025,639 10,027,392 11,045,392 ^ Total bullion and coin (net).. 3,132,579 2,632,395 3,276,771 2,621,510 2,506,168 2,562,287 4,199,909 6,173,056 6,219,696 6,473,596 ^ Currency: Gold certificates, and credits payable therein 4 6,320,236 17,821,133 18,106,600 23,022,852 21,028,137 19,059,416 13,670,235 10,025,639 10,027,392 11,045,392 Q Less: Araount included in collateral held by Federal bj Reserve agents for Federal Reserve notes.. 3,294, 639 6,557,600 10,968,000 14,349,000 11,108,000 10,565,000 6,295,OQO 5,258,000 3,287,000 3,322,000 : H Subtotal. '. 3,025,597 12,263,633 7,138,600 8,673,851 9,920,137 8,494,416 7,375,235 4,767,639 6,740,392 7,723,392 ^ Gold certificates prior to Series of ,340 4,011 3,934 3,820 M Silver certificates 6 810,014 1,828,771 1,815,988 2,324,628 2,409,630 2,394, , , , ,096 Treasury notes of ,182 1,163 1,150 1,145 1,142 1, yq United States notes , , , , , , , , , ,539 pi Federal Reserve notes 9 3,492,854 5,481,778 23,650,975 23,602,680 26,629,030 28,394,186 37,347,185 44,432,153 47,284,487 50,431,429 t^ Federal Reserve bank notes ,354 22, , , , ,736 68,793 59,048 57,088 55,436 > National bank notes , , ,215 87,615 67,379 55,979 22,283 20,701 20,477 20,291 ZP d Total paper currency (net). 8,529,778 20,112,025 33,608,588 35,313,803 39,538,411 39,787,595 46,038,735 49,844,672 54,651,875 58,777,015 W. K^ Total Stock of money 11,662, ,420 36,885,360 37, ,044,579 42,349,882.50,238,644 56,017,727 60,871,570 65,250,610 Percentage of gold to total stock of money ^

247 1 Excludes gold deposited with the United States by the International Monetary Fund. 3 Excludes buuion carried at monetary value but released for coinage use. 8 Comprises the security for: Gold certificates and credits payable therein (100 percent in gold); U.S. notes (gold to theextent of the reserve required by law (31 U.S.C. 408)); and silver certificates and Treasury notes of 1890 (100 percent in suver buuion or standard suver douars). Since enactment of the Old Series Currency Adjustment Act (31 U.S.C ) on June 30, 1961, gold certificates prior to the Series of 1934; suver certificates issued before July 1, 1929, and Treasury notes of 1890 have been payable from the general fund. The requirement for a gold reserve against U.S. notes was repealed by Public Law , approved Mar. 18, SUver certificates issued on and after July 1, 1929, became redeemable from the general fund on June 24, 1968 (31 U.S.C. 405a-3). The amount of security shown on this line for years after those dates has been reduced accordingly. * Consists of: Gold certificates outside of the Treasury (issues prior to Series of 1934 are included through 1961). and credits with the Treasurer of the United States payable to the Board of Governors, Federal Reserve System, in gold certificates. These obligations are fuuy secured by gold in the Treasury. 5 Pursuant to the Old Series Currency Adjustment Act are redeemable from the general fund of the Treasury and upon redemption wiu be rethed. «SUver certificates were originally secured by shver bullion at monetary value ($ per fine troy ounce) and standard silver dollars held in the Treasury. They are now payable from the general fund (see footnote 3). 7 Treasury notes of 1890 have been in process of retirement since March 1900 (31 U.S.C. 411) upon receipt by the Treasury. UntU June 30, 1961, secured by silver and by gold reserve; thereafter redeeraable from general fund. 8 U.S. notes were secured by a gold reserve (31 U.S.C. 408) untu this requhement was repealed by Public Law , approved Mar. 18, This reserve, which was also a reserve for Treasury notes of 1890 untu June 30, 1961, araounted to $156,039,431 for au dates in this table through The act of May 31,1878 (31 U.S.C. 404) required that the amount of U.S. notes then outstanding, $346,681,016, be kept in chculation. The Old Series Currency Adjustment Act provided that this amount should be reduced by such amounts of notes as the Secretary of the Treasury might determine to bave been destroyed or irretrievably lost. To date, the Secretary has made such determinations with respect to $24,142,000 of the U.S! notes issued prior to July 1, 1929.» Federal Reserve banks secure Federal Reserve notes by depositing like amounts of couateral with Federal Reserve agents. The Federal Reserve Act, as amended (12 U.S.C. 412), authorizes the use of the following assets for this purpose: (a) gold certtficates or gold certificate credits; (b) certain discounted or purchased coraraercial paper; (c) securities issued by the United States; and^d) Special Drawing Rights certificates issued by the Exchange Stabilization Fund. Federal Reserve notes are obligations ofthe United States and are a first lien on au assets of the issuing Federal Reserve bank. Pursuant to the Old Series Currency Adjustment Act of 1961, funds were deposited by the Federal Reserve banks on July 28,1961, with the Treasurer of the United States for the redemption of au series of Federal Reserve notes issued before the Series of The araount shown for 1970 hicludes $883,185 for such series. 10 Federal Reserve bank notes at issuance were secured by direct obligations of the United States or coramercial paper. Since termination of their issuance on June 12, 1945 (12 U.S.C. 445 note), the notes have been in process of retirement, and lawful money has been deposited with the Treasurer of the United States for their rederaption. 11 National bank notes at issuance were secured by direct obligations of the United States. From Dec. 23, 1916 (12 U.S.C. 441) these notes have been in process of rethement, and lawful money has been deposited with the Treasurer of the United States for theh rederaption. NOTE. Figures for years not shown appeared in the following annual reports: in the 1947 report, page 482; 1948 and 1949 in the 1956 report, page 542; in the 1961 report, page 634; in the 1964 report, page 596; and in the 1967 report, page 654. ZP i h-t ZP y^ M o % te) o to CO CO

248 to o June 30 TABLE 56. Money in circulation hy kinds, selected years, June 30, Gold certificates» [In thousands of douars. For basis of data, see headnote to table 54] Standard suver douars Treasury SUver certificates i notesof 1890 * Subsidiary coin Minor coin United Federal States Reserve notes * notes * Federal Reserve bank notes 1 National bank notes > 1936 _ 117,167 32, ,474 1, , , ,417 3,222,913 81, ,263 5,667, ,793 46,020 1,681,662 1, , , ,887 6,163,284 22, ,155 7,847, , ,178 1,660,689 1, , , ,587 22,867, , ,012 26,746, , ,185 2,177,251 1, , , ,781 22,760, ,788 86,488 27,166, , ,047 2,169,726 1,142 1,202, , ,064 26,617, ,673 66,810 30,229, , ,083 2,126,833 1,142 1,484, , ,436 27,093,693 99,987 65,652 32,064, , , , ,355, , ,978 34,823,233 68,333 22,167 39,719, , , , ,877, , ,188 4L 723,506 68,854 20,664 47,640, , , ,260,860 1,047, ,478 44,647,642 56,885 20,467 50,936, , , ,519, , ,784 47,626,751 55,272 20,271 54,350,972» For description of security required to be held against the various kinds of paper currency, and for retirement provisions, see footnotes to table 65. Total NOTE. Figures for years not shown appeared in the fouowing annual reports: in the 1947 report, page 485; in the 1966 report, page 643; hi the 1961 report, page 636; , in the 1964 report, page 698; and in the 1967 report, page 666. o pi H O w g o pi > Pi y< o Pi > ZP d Kj

249 STATISTICAL APPENDIX 241 TABLE 57. Location of gold, coin, and coinage metals held by the Treasury, June 30, 1970 [In thousands of dollars. For basis of data, see headnote to table 54] Goldi Silver douars Fractional coin 2 Coinage nietals 3 SUver Other U.S. raints: Denver Philadelphia U.S. assay oflaces: New York 4 San Francisco Bullion depository, F ortk iiox Treasurer of United S Itates, Washington, D.C Custody accounts: Federal Reserve ] Bank of New York Other barufs,*etc., varic )us locations Total... 2,349,645 1, ,726, , _ 5,667, ,231, ,367, ,946 3,044 5, ,540 2,073 _ ,924 8, ,719 10,461 74,966 17,817 47, ,688 75, Includes $210,492,967 deposited -with the United States by the International Monetary Fund. 2 Includes coin in transit to Federal Reserve banks. 3 Amounts in transit between Bureau of the Mint institutions are included in the balance of the shipping institution. 4 Includes buluon depository at West Point, N.Y. 8 PhysicaUy located as follows: At Bank of Canada, Ottawa, $49,977,284; at Bank of England, London, $45,235,638; at Banque de France, Paris, $204,009,270; at New York Assay Office, $34,714,178; and in Federal Reserve Bank's own vaults, $897,990,311.

250 REPORT OF THE SECRETARY OF THE TREASURY TABLE 58. Paper currency issued and redeemed during the fiscal year 1970 and outstanding June 30, 1970, by classes and denominations [For basis of data, see headnote to table 54] Issued Redeemed during 1970 during 1970 Outstanding June 30, 1970 i In In Federal In Treasury Reserve banks circulation CLASS Gold certtficates Series of U.S.notes2 $21, 701,8 Federal Reserve notesissued on and after July 1, ,199,488,000 Currencies no longer issued: 2 Federal Reserve notesissued before July 1, 1929 Federal Reserve bank notes National bank notes Gold certificates issued before Series of Silver certificates. Treasury notes of 1890 ""$2i,'76i,"8o'o" "$"2'5V486',3'57'" 12, 052, 471,118 74, 670 1, 631, , , 075 2, 871,146 74,495, 755 7, , , ,400. 4,240 $1, 277, , 300 '"$"2"9"677'8"4V359 2, 730,174, , 655 4,200 47, 625,875, ,195 55, 271, , 271, 289 3, 730, , ,534 Total- 15,221,189,800 12,079,049, ,195,612 2,731,825,107 48,222,880,226 DENOMINATION $1 1,443,488,000 $2 $5"r."" ".".'.--"-r.'.'"."'i,'832," 480,'ooo' $10 3,587,360,000 $20 5,445,120,000 $50 893,300,000 $100 1,816,501,800 $500 28,700,000 $1,000 78,550,000 $5,000 36,860,000 $10, ,830,000 $100,000 Fractional parts 1, 279,825, , 236 1, 692, 042, 200 3,401, 590,325 4,204,176, , 231, ,175,600 61,112, ,147,000 43,145,000 69,380,000 2, 629, ,068,117 13, 021, , 709, 020 6,075,075 31,474, , ,000 10,000 30, , 734,462 2,157,481, 589 2, , 632, , 714, 735 2,983,045, , 648, 630 8,837,031, , 615, , 752,849, ,870, 950 4,567,083, ,827, ,297,718,800 2,030, , 794,000 2, 761, ,853,000 no, 000 2, 930, , 000 4, 460, 000 1,200,000. ' 487 Total 15,221,189,800 12,079,049,5 100,195, 612 2, 731,825,107 48,222,880, The Secretary of the Treasury is authorized to deterraine, frora tirae to tirae, the araounts of certain currencies, which, in his judgraent, have been destroyed, are irretrievably lost or are held in collections and so wiu never be presented for rederaption, and to reduce the outstanding amount thereof accordingly. The totals of such reductions effected through June 30,1970, were: Authorized by Old Series Currency Adjustment Act (31 U.S.C. 915c) approved June 30, 1961: Issued before July 1,1929: U.S.notes-- $24,142,000 Federal Reserve notes 34,450,000 Federal Reservebank notes 2,063,000 Nationalbank notes 28,920,000 Gold certificates. 16,600,000 Silver certtficates 29,780,000 Treasury notes of ,131,000 Gold certificates, Seriesof ,^350,000 Authorized by act approved June 24, 1967 (31 U.S.C. 405a-2): Silver certificates, issued after June 30, ,000,000 Total 344,436,000 2 Amounts outstanding are also included in the pubhc debt (see table 33, final page).

251 STATISTICAL APPENDIX 243 Trust and other funds TABLE 59. Civil service retirement and disability fund, June 30, 1970 [This trust fund was established in accordance with the provisions of the act of May 22, 1920, as amended (5 U.S.C. 2267). For further detaus see annual report of the Secretary for 1941, p. 136] I. RECEIPTS AND EXPENDITURES (EXCLUDING INVESTMENT TRANSACTIONS IN FEDERAL AND NON-FEDERAL SECURITIES) Curaulative Cumulative through Fiscal year 1970 through June 30,1969 June 30,1970 Receipts: Deductions from salaries, service credit payments, and voluntary contributions of employees subject to retireraent act i $18,258,624, $1,740,420, $19,999,044, Federal contributions 2._ 4,672,352, ,816, ,903, Payraents by employing agencies 2 11,748,689, ,721,472, ,470,162, Interest and profits on investments 7,626,285, ,225, ,616,511, Transfer from the Comptroller of the Currency retireraent fund 5,050, ,060, Totalreceipts. 42,311,002, ,682,934, ,993,937, Expenditures: Annuity payraents, refunds, etc '21,789,794, ,751,326, ,541,120, Transfers to policemen's and firemen's relief fund, D.C, deductions and accrued interest thereon ' 638, , OIL , Total expenditures '"21,790,332, ,751,606, ,541,938, Balance ''20,520,669, ,931,328, ,451, IL ASSETS HELD BY THE TREASURY DEPARTMENT Fiscal year 1970, Assets June 30, 1969 increase, or June 30, 1970 decrease ( ) Investments in public debt securities: Special issues, civil service retirement fund series raaturing June 30: Treasury notes: 41^% of 1970 $69,699, $69,699, J^%ofl ,692, ,692, J^%ofl971 1,785,656, $1,785,656, M%ofl ,758,171, ,768,171, ^% of ,628,319, ,628,319, ?^% of _. 2,909,267, ,909,257, ^% of ,961,729, ,951,729, Treasury bonds: 2H%ofl ,527, ,627, J^%ofl970 69,913, ,913, ^% of ,976, ,976, ^% of ,227, ,227, H%ofl970.-._ 72,775, ,776, ^% of ,627, ,527, ^% of ,913, ,913, ^% of ,976, ,976, ^% of ,227, ,227, ^% of ,474, ,474, M%ofl ,976, ,976, ^% of ,981, ,981, H%0fl ,160, ,160, M%0fl973 60,976, : 60,976, %% of ,448, ,448, /8% Of ,988, ,988, ^% of ,976, ,976, ^% of ,227, ,227, ^%ofl ,387, ,387, ^% of ,443, ,404, ,039, M%0fl ,976, ,976, ^% of ,227, ,227, ^% of ,167, ,167, J^%ofl ,364, ,499, ,865, M%ofl ,976, ,976, ^% of ,227, ,227, ^% of ,474, ,474, M%ofl ,416, ,416, Footnotes at end of table.

252 REPORT OF THE SECRETARY OF THE TREASURY TABLE 59. Civil service retirement and disability fund, June 30,1970 (Continued) IL ASSETS HELD BY THE TREASURY DEPARTMENT-Continued June 30, 1969 Fiscal year 1970, increase, or decrease ( ) June 30, 1970 Investraents in public debt securities Continued Special issues, civil service retirement fund Series maturing June 30: Continued Treasury bonds: Continued 3 ^% of ^% of ^% of ^% of ^% of J-8%Ofl980- $80,227, ,474, ,643, ,474, ,117, ,117, $80,227, ,474, ,643, ,474, ,117, ,117, Total special issues 17,306,770, $1,573,017, ,879,787, Public issues: Treasury bills Treasury notes: 5% Series A-1970 b%% Series B ^% Series A H% Series B ^% Series C %% Series C ^% Series A M% Series B ^% Series B '. 5M% Series A M% Series A % Series B ^% Series A ^% Series B ^% Series C % Series A-1977 Treasury bonds: 23^% of 1964r-69 (Sept. 15,1943). 4% of 1969 (Oct. 1, 1957) 4% of ^% of % of 1972 (Nov. 15, 1962) 4% of 1972 (Sept. 15, 1962) 4% of ^% of K%ofl974 43^% of ^% of ^% of M% Of ^% of % of % of K% of ^% of K% of % of 1996 ^y% of ,400, ,000, ,500, ,000, ,000, no, 600, ,000, ,300, , 500, ,900, ,750, ,000, ,000, ,400, ,400, ,600, ,100, ,350, ,700, ,800, ,600, , 650, ,900, ,060, ,105, ,800, ,700, no, 394, , 900, ,920, , 750, ,600, ,205, ,269, ,000, '-i7,'6oo,'oo6.'oo". '""94,'366,"6o6."oo 76,800, ,250, ,400, ,400, ,000, ,400, , 500, ,000, ,000, ,300, no, 600, ,000, ,300, , 500, ,900, ,750, ,000, ,000, ,800, ,250, ,600, ,100, ,350, ,700, ,800, ,600, ,650, ,900, ,060, ,105, ,800, ,700, no, 394, ,900, ,920, ,750, ,600, ,205, ,269, Total public issues 2,418,153, ,550, ,637,703, Federal National Mortgage Association secondary raarket operations debentures: by% of % of M%ofl970 25,000, ,500, ,000, ,000, , -41,600, ,000, Total non-federal securities. 86,600, ,600, ,000, Footnotes at end of table.

253 STATISTICAL APPENDIX 245 TABLE 59. Civil service retirement and disability fund, June 30,1970 (Continued) IL ASSETS HELD BY THE TREASURY DEPARTMENT-Continued Assets June 30, 1969 Fiscal year 1970, increase, or decrease ( ) June 30, 1970 Investments in agency securities: Government National Mortgage Association participation certificates: Federal assets liquidation trust: 5% of ^% of % of 1982 Federal assets finance trust: 6% of % of % of % of 1988 Qy% of 1978 Total agency securities.. Total investments. Undisbursed balance. $50,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,423,000.00» 199,246, ,726,067, ,261, $50,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,047,490, ,508, Totalassets» 20,620,669,98L21 1,931,328, ,451,998,946.2 I- Revised. 1 Basic corapensation deductions have been at the rate of 63^ percent since the day before the first pay period which began after Sept. 30, Since 1958 District of Colurabia and Governraent corporations' contributions have been included with contributions from agency salary funds. 2 Begimiing July 1, 1957, appropriations are not made directly to the fund. Instead, in accordance with the act approved July 31, 1956 (6 U.S.C. 2254(a)), the employing agency contributes (from appropriations or funds from which the salaries are paid) amounts equal to the deductions from employees' salaries.

254 REPORT OF THE SECRETARY OF THE TREASURY TABLE 60. Employees health benefits fund. Civil Service Commission, June 30, 1970 [On basis of reports from the CivU Service Comraission. This trust revolving fund was established in accordance with the provisions of the act of Sept. 28, 1959, as amended (5 U.S.C. 3007)] I. RECEIPTS AND EXPENDITURES (EXCLUDING INVESTMENT TRANSACTIONS Cumulative Cumulative through Fiscal year 1970 through June 30,1969 June 30, 1970 Receipts: Direct appropriations $135,131, $31,139, $166,270, Employees' and annuitants' withholdings 2,931,752, ,373, ,603,126, Agency contributions. 1,348,916, ,334, ,552,251, Interest and profits on investments 20,718, ,960, ,679, Totalreceipts. 4,436,518,20L59 912,808, ,349,326, Expenditures: Subscription charges paid to carriers 4,218,096, ,742, ,082,838, Contingency reserve paid to carriers 78,062, ,862, ,924, Carrier refunds -253, , Adrainistrative expenses 10,971, ,166, ,137, Interest on administrative expenses paid by employees'life insurance fund i 43, , Other2-1,618, , ,517, Total expenditures 4,305,301, ,872, ,221,173, Balance 131,216, ,063, ,152, IL ASSETS HELD BY THE TREASURY DEPARTMENT Fiscal year 1970 Assets June 30, 1989 increase, or decrease ( ) June 30,1970 Investraents in public debt securities: Public issues: Treasmy bius $588, $338, $250, Treasury notes: 6^% Series B ,951, ,951, M% Series C ,442, ,442, ^% Series B , , M% Series A ,298, ,298, % Series B ,000, ,000, J^% Series A ,602, ,602, ^% Series C ,000, ,000, Treasury bonds: 4% of 1969 (dated Oct. 1, 1957) 1,000, ,000, % of ,093, ,093, K%ofl ,804, %ofl971 3,732, ,732, % of 1972 (dated Sept. 15, 1962) 4,410, ,410, %of 1972 (dated Nov. 16, 1962)... 3,792, ,792, % of ,441, ,441, ^% of ,246, ,246, >^%ofl ,785, ,785, ^% of ,923, ,923, % of ,481, ,481, ^% of , , ^% of , , % of ,000, ,000, ^% of ,130, ,130, ^% of ,950, ,950, Total investraents 106,699, ,401, ,198, Undisbursed balance. 24,616, ,337, ,954, Totalassets 131,216, ,063, ,152, As provided in the act (6 U.S.C. 3008(a)). 2 Dift'erence between cost and face value of investraents.

255 STATISTICAL APPENDIX 247 TABLE 61. Retired employees health benefits fund. Civil Service Commission, June 30, 1970 [On basis of reports from the CivU Service Commission. This trust revolving fund was established in accordance with the provisions of the act of Sept. 8,1960 (5 U.S.C. 3057)] I. RECEIPTS AND EXPENDITURES (EXCLUDING INVESTMENT TRANSACTIONS) Cumulative Cumulative through Fiscal year 1970 through June 30,1969 June 30,1970 Receipts: Direct appropriations (Government contribution). $104,330, $10,046, $114,376, Annuitants withholdings 83, ,188, ,518, Interest and profits on investments 1 777,71L85 1,659, ,436, Totalreceipts 188,437, ,894, ,331, Expenditures: Subscription charges paid to carrier 133,758, ,835, ,922, Government contributions paid to annuitants , 601, ,269, ,871, Administrative expenses 2,803, , ,939,60L73 Interest on loans 6, , Other3-769, ,150, ,919, Total expenditures 185,401, ,580, ,820, Balance.. 3,035, ,474, ,510, II. A.SSETS HELD BY THE TREASURY DEPARTMENT Fiscal year 1970 Assets June 30,1969 increase, or decrease ( ) June 30,1970 Investments in public debt securities: Public issugs' Treasuryb'ills $1,724, $419, $2,143, Treasury Notes: 4^% Series A ,433, ,433, ^% Series B ,000, ,000, ^% Series B ,238, ,238, ^% Series C , , Treasury bonds, 4% of , , Total investments... 1,824, ,090, ,914, Undisbursed balance 1,211, ,384, ,596, Totalassets 3,035, ,474, ,510, Includes $1,321, interest income on reserve held by carrier. 2 In accordance with 5 U.S.C. 3055(a), subject to specified restrictions, a retired employee who elects to obtain or retain a health benefits plan other than the uniforra Governraent-wide health benefits plan directly witha carrier, shall be paid a Governraent contribution toward the cost of his plan which shall be equal in araount to the appropriate Governraent contribution. 3 Difierence between cost and face value of investments.

256 REPORT OF THE SECRETARY OF THE TREASURY TABLE 62. Employees' life insurance fund, Civil Service Commission, June 30,1970 [On basis of reports from the Civil Service Comraission. This trust revolving fund was established in accordance with the provisions of the act of Aug. 17,1964, as araended (6 U.S.C. 8714)] L RECEIPTS AND EXPENDITURES (EXCLUDING INA^ESTMENT TRANSACTIONS) Cumulative Fiscalyear Cumulative through 1970 through June 30, 1969 June 30, 1970 Receipts: Employees' withholdings $1,684,294, $277,293, $1,861,688, Government contributions :.. 760,029, ,071, ,100, Preraiuras collected frora beneficial association members - 37,864, ,659, ,513, Interest and profits on investments 124,672, ,888, ,661, Other , , , Assets acquired frora beneficial associations: U.S. securities 13,958, ,958, Other 8,174,16L72 13,865, ,039, Totalreceipts 2,529,086, ,795, ,966,881, Expenditures: Preraiuras paid to insurance companies: For Federal employees generauy 2,296,722, ,401, ,684,123, Less return of premiuras paid 1 456,206, ,707, ,913, For beneficial association raerabers 67,709, ,671, ,280, Less return of premiuras paid 2 12,686,68L58 1,736, ,322, Administrative expenses. 3,644, , ,108, Other3-24,181, ,971, ,162, Total expenditures ,875,102, ,020, ,162,123,44L 36 Balance 653,982,44L ,776, ,757, Footnotes at end of table.

257 STATISTICAL APPENDIX 249 TABLE 62. Employees' life insurance fund. Civil Service Commission, June 30, 1970 Continued II. ASSETS HELD BY THE TREASURY DEPARTMENT June 30,1969 Fiscal year 1970 increase, or decrease ( ) June 30, 1970 Investments in public debt securities: Special issues, employees' life insurance fund series maturing June 30: Certificate of indebtedness: 6.10% of $50, 000, % of 1970 Total special issues. Public issues: Treasury bius Treasury notes: 5% Series A H% Series C M% Series A ^% Series B ^% Series EA ^% Series B-1974 by% Series A M% Series A % Series B y% Series A ^% Series B ^% Series C % Series A-1977 Treasury bonds: 23^% of (dated Sept. 15,1943).. 2^% of % of K% of % of % of 1972 (dated Sept. 16,1962) 4% of 1972 (dated Nov. 15, 1962) 4% of ^% of H% of >^% of >g% of % of K% of *^% of % of 1980 SH% of % of % of ^% of ^% of % of ^% of ^% Investraent Series B Total investraents. Undisbursed balance 50, 000, $50,000, ,000, , 000, ,155, ,925, ,450, , 225, , 072, ,661, , 656, ,105, ,497, , 500, , , ,474, ,855, ,000, , 541, ,984, ,600, ,000, ,330, ,798, ,000, ,000, ,864, ,330, i5,'330,"oo5.'oo'. 2,806, ,000, ,000, ,000, ,783, ,608, ,000, ,061, ,373, ,949, ,244, ,600, ,861, ,500, ,370, , ,612, ,087, ,056, ,696, ,486, ,791, ,877, ,783, ,276, , ,358, , ,193, ,789, ,560, , $60, ,000, ,230, , , ,924, ,080, ,000, ,613, ,645, ,256, ,105, ,497, , 500, ,330, ,798, ,864, ,806, ,000, ,000, ,391, ,061, ,322, ,744, ,361, ,596, ,612, ,087, ,056, ,321, ,486, ,791, ,877, ,783, ,276, , ,358, , Total public issues 588,193, ,560, ,753, ,753, ,004, Totalassets _ 653,982,44L ,775, ,757, Premium payments in excess of the $100 million contingency reserve set by the CivU Service Coraraission, which are requhed to be retm-ned to the fund by the insuring corapanies (5 U.S.C. 8712). 2 Return of preraiura payments in excess of annual claims paid, expenses, and other costs. 3 Difference between cost and face value of investments.

258 REPORT OF THE SECRETARY OF THE TREASURY TABLE 63. Federal disability insurance trust fund, June 30, 1970 [This trust fund was established in accordance with the provisions of the Social Security Act amendments approved Aug. 1, 1956 (42 U.S.C. 401(b))] I. RECEIPTS AND EXPENDITURES (EXCLUDING INVESTMENT TRANSACTIONS IN FEDERAL AND NON-FEDERAL SECURITIES) Cumulative Cumulative through Fiscal year 1970 through June 30, 1969 June 30,1970 Receipts: Appropriations! $17,384,471, $3,808,430, $21,192,901, Less refund of internal revenue couections. -192,100, ,487, , 587, Deposits by States 1,429,050, ,415, ,800,466, Interest and proflts on investments 2 783,917, , 635, ,006, 743, Payments frora railroad retheraent account. 26,831, ,831, Other (HEW) 708, , , Transfers from general fund 64,000, ,000, ,000, Totalreceipts 19,496,879, ,380,087, ,877,103, Expenditures: Benefit payments 14,677,222, ,777,987, ,455,210, To rauroad rethement account 175,875, ,439, ,314, Admhiistrative expenses: To general fund 51,833, ,539, ,372, Salaries and expenses 339,280, ,339, ,620, Construction of buildmgs 2,776, ,861, ,638, Vocational RehabUitation Administrative expenses - 1,074, , ,409, Vocational rehabuitation program payraent. 38,311, ,486, ,798, To Federal Suppleraentary Medical Insurance Trust Fund 3,813, ,813, To Federal old-age and sm-vivors insurance trustfund 531,576, , ,937, From Federal hospital hisurance trust fund. -235, , Total expenditmes 15,817,713, ,954,164, ,771,877, Balance 3,679,166, ,426,060, ,105,226, II. ASSETS HELD BY THE TREASURY DEPARTMENT Fiscal year 1970 Assets June 30, 1969 increase, or decrease ( ) June 30,1970 Investraents in public debt securities: Special issues, Federal disability insurance trust fund series maturing June 30: Treasury notes: 4^% of 1971 $6,486, $2,000, $4,486, ^% of ,178, ,178, ^% of ,612, ,612, ^%ofl976 1,151,608, ,151,608, ^% of ,394,466, ,394,466, Treasury bonds:. 2^% of ,006, ,006, M%ofl974 20,738, ,738, ^% of ,894, ,894, M%ofl ,738, ,738, M%0fl ,632, ,632, M%0fl ,632, ,632, ^% of ,632, ,632, ^% of ,632, ,632, ^% of ,606, ,606, Total special issues 3,042,394, , 392,466, ,434,860, Footnotes at end of table.

259 STATISTICAL APPENDIX 251 TABLE 63. Federal disability insurance trustfund, June 30, 1970 Continued II. ASSETS HELD BY THE TREASURY DEPARTMENT-Continued Assets June 30, 1969 Fiscal year 1970 increase, or decrease ( ) June 30, 1970 Public issues: Treasury notes: 5M% series A-1975 $10,000, % series B ,750, ^% series C % series A-1977 Treasury bonds: 4% of 1969 (dated Oct. 1, 1957) 26, 000, % of 1970 (dated Jan. 15, 1965) 10, 000, % of 1970 (dated June 20,1963) 14,000, % of 1972 (dated Nov. 15, 1962) 2,000, % of 1972 (dated Sept. 15, 1962) 2, 000, % of ,500, J^%of ,000, /g%of ,000, % of ,795, % of ,250, % of ,800, /g% of ,400, ^% of ,500, ^% of ,000, Total public issues 314,995, Investments in non-federal secmities: Federal National Mortgage Association, secondary market operations debentures: 6M%ofl970 Total non-federal securities $26,000, , 000, ,000, ,000, Investraents in agency securities: Government National Mortgage Association participation certificates: Federal assets liquidation trust: 53^% of ,000, Federal assets finance trust: 6.35% of ,000, ,000, %ofl971 15,000, Total agency securities Total investments par value Undisbm-sed balance ^ 20,000, ,000, ,000, ,492,389, , 777, Subtotal - 3, 679,166, Unamortized discount and premimn on investments (net) -1,627, ,000, , 342,466, , 594, ,426, 060, , Totalassets 3,677,639, ,426,056,95L 41 $10, 000, , 750, , 000, , 000, , 000, , 000, , 000, , 500, , 000, ,000, ,795, ,250, ,800, ,400, , 500, , 000, , 995, ,000, noo onn nn 50, 000, , 000, , 000, , 834,855, , 371, ,106, 226, , 630, ,103, 596, Appropriations are equal to the araount of eraployraent taxes collected as estiraated by the Secretary of the Treasm-y and adjusted in accordance with wage reports certified by the Secretary of Health, Education, and Welfare for distribution to this fund, the Federal old-age and survivors insurance trust fund, and the Federal hospital insurance trust fund. 2 Through June 30, 1967, includes amortization of preraiura and discount, net. 3 Includes $70, reiraburseraent of interest frora Federal old-age and survivors insurance trust fund and $13, reiraburseraent of interest frora Federal hospital insurance trust fund. 4 Includes the fouowing balances in accounts as of June 30: Benefit payraents Vocational rehabilitation program payments. $186, 874, , $269, 275, , 095,

260 REPORT OF THE SECRETARY OF THE TREASURY TABLE 64. Federal hospital insurance trust fund, June 30, 1970 [This trust fund was established in accordance with the provisions of the Social Security Act araendraents approved July 30, 1965 (42 U.S.C. 1395(i))] I. RECEIPTS AND EXPENDITURES (EXCLUDING IN\^ESTMENT TRANSACTIONS IN FEDERAL AND NON-FEDERAL SECURITIES) Curaulative Cumulative through Fiscal year 1970 through June 30,1969 June 30,1970 Receipts: Appropriations ' $10,674, 295, $4,389,125, $15,063,421, Less refund of internal revenue collections. -97,550, ,200, ,750, Deposits by States 958,020, ,864, ,402,884, Interest and profits on investments ,604, ,444, ,049, Transfers from general fund. 1,392,449, ,262, ,020,711, Payments from railroad retirement accounts. 114, 522, , 537, ,059, Other 738, ,519, ,258, Totalreceipts 13,251,080, ,614,552, ,865,633, Expenditures: Benefit payments.. 10,898,091, ,804,242, ,702,334, Administrative expenses: To general fund. 17,139, ,219, ,359, To Federal old-age and survivors insurance trustfund 52,867, ,307, ,174, To Federal disabihty insurance trust fund. 249, , Salaries and expenses 258,493, , ,222, Construction 615, , Public health services... 7,722, ,555, ,277, Total expenditures 11,234,563, ,953,670, ,188,233, Balance 2, ,882, , , Footnotes at end of table.

261 STATISTICAL APPENDIX 253 TABLE Q4i.^Federal hospital insurance trust fund, June 30, 1970 Continued II. ASSETS HELD BY THE TREASURY DEPARTMENT Assets June 30,1969 Fiscal year 1970 increase, or decrease ( ) June 30,1970 Investraents in public debt securities: Special issues. Federal hospital insurance trust fund series raaturing June 30: Treasury notes: 47^% of ^% of % of K%ofl974 55^% of ^% of ^% of 1977 $157,770, ,131, ,131, ,179, ,529, ,200, $157,770, ,131, ,075, ,358, $24,056, ,179, ,529, ,200, ,358, Total special issues 1,889,940, ,382, ,583,322, Investraents in non-federal securities: Federal National Mortgage Association secondary raarket operations debentures: 6% of ,500, Total non-federal securities 41,600, Investraents in agency securities: Governraent National Mortgage Association participation certificates: Federal assets liquidation trust: 5.20% of 1982 Federal assets finance trust:.6.30% of ,000, ,000, ,500, ,500, ,000, , 000, Total agency securities. 70,000, ,000, Total investments par value 2,001,440, Undisbursed balance 15,077, ,882, ,000, Subtotal 2,016,517, ,882, Unamortized discount and premiura on investments (net). 3, , ,653, 322, ,078, ,677,400, Totalassets 2,016,521, ,879, ,677,400, Appropriations are equal to the amount of employment taxes couected as estiraated by the Secretary of the Treasmy and adjusted in accordance with wage reports certified by the Secretary of Health, Education, and Welfare for distribution to this fund, the Federal old-age and survivors insurance trust fund, and the Federal disability insurance trust fund. 2 Through June 30, 1967, includes araortlzatlon of premium and discount, net. 3 Includes: $4,511, reimbursement of interest frora Federal Suppleraentary Medical Insurance Trust Fund.

262 REPORT OF THE SECRETARY, OF THE TREASURY TABLE 65. Federal supplementary medical insurance trust fund, June 30, 1970 [This trust fund was established in accordance wdth the provisions of the Social Security Act araendraents approved July 30, 1965 (42 U.S.C. 1395(t))] L RECEIPTS AND EXPENDITURES (EXCLUDING INVESTMENT TRANSACTIONS) Cumulative through June 30, 1969 Fiscal year 1970 Cumulative through June 30, 1970 Receipts: Premiums transferred from Federal old-age and survivors insurance trust fund, Federal disability insurance trust fund, railroad retirement account, and civil service retirement and disabihty fund $1,862, 575, $763,515, $2,626,091, PremiuraS' deposited by States. 161,014,284,60 97,208, ,222, Preraium collections by Social Security Administration 224,377, ,275, ,653, Federal matching contributions 2,241,286, ,151, ,169,437, Interest on investraents 58,659,in.40 16,141, ,800,89L73 MisceUaneous incorae 648, , , Total receipts 4,548, 562, ,880,308, ,428,870, Expenditures: Benefit payraents 3,698,725, ,979,287, ,678,012, Interest paid to Federal Hospital Insurance Trust Fund 4,511, ,511, Administrative expenses: Salaries and expenses 452,876, ,325, ,202, Construction of buildings 683, , To general fund 33, , , To CivU service 199, , , To Federal Disability Insurance Trust Fund -3,813, ,813, To Federal old-age and survivors insursance trust fund 14,767, , ,862, To Public Health Service.- 4,185, , ,950, Total expenditmes 4,170,787, , 200,902, OIL 29 6,371,689, Balance. 377,774, ,593, ,180, II. ASSETS HELD BY THE TREASURY DEPARTMENT Fiscal year 1970, Assets June 30, 1969 increase, or decrease ( ) Investments in pubhc debt securities: Special issues. Federal suppleraentary raedical insurance trust fund series, maturing June 30: Treasury notes: 4^% of $134,238, $134,238, ^% of ,527, ,527, ^% of ,206, ,644, ^% of ,855, Total investments 357,971, , 554, Undisbursed balance 19,803, ,960, Totalassets 377,774, ,593, June 30, 1970 $10, 562, , 855, , 417, , 763, ,180,

263 STATISTICAL APPENDIX 255 TABLE 66. Federal old-age and survivors insurance trust fund, June 30, 1970 This trust fund, the successor of the old-age reserve account, was established in accordance with the provisions of the Social Secm-ity Act amendments (42 U.S.C. 401). For further details see annual reports of the Secretary for 1940, p. 212 and 1950, p. 42] I. RECEIPTS AND EXPENDITURES (EXCLUDING INVESTMENT TRANSACTIONS IN FEDERAL AND NON-FEDERAL SECURITIES) Cumulative through June 30, 1969 Fiscal year 1970 Cumulative through June 30, 1970 Receipts: Appropriations i $217,183,178, $27,494,642, $244,677, 821, Less refund of internal revenue collections -2,318,946, ,406, ,617,352, Deposits by States 14,896,085, ,758,436, ,654,522, Interest and profits on investments 2 11,989,850, ,348,087, ,337,937, Transfers from general fund 3 552,931, ,151, ,082, Payments from railroad retirement account. 35,393, ,393, Other 4. 21,946, ,105, ,051, Total receipts 242,360,439, ,746,016, ,106,456, Expenditures: Benefit payments 205,063,461, ,266, 281, ,329,743, Construction of buildings 48,288, ,617, ,806, To railroad retireraent account 4,559,179, ,818, ,137,997, Adrainistrative expenses: Salaries and expenses 5 4,048,722, ,632, ,466,354, To general fund 963,020, ,126, ,024,146, To Department of Health, Education, and Welfare 47,449, ,454, ,903, From Federal disability insurance trust fund -613,037, , ,177, From Federal hospital insurance trust fund -51,005, ,648, ,554, Frora Federal suppleraentary raedical insurance trust fund -13,165, ,155, Vocational RehabUitation-Adrainistrative expenses 2,251, ,294, ,545, Total expenditures 214,155,175, ,320,434, ,475,609, Balance 28, 205, 264, 88L 11 4,425,581, ,630,846, II. ASSETS HELD BY THE TREASURY DEPARTMENT June 30,1969.Fiscal year 1970 increase, or decrease ( ) June 30,1970 Investraents in public debt securities: Special issues, Federal old-age and survivors insurance trust fund series, raaturing June 30: Treasury notes: " % of K^%of 1971._ 43<%ofl M%ofl ^% of H%0fl Treasury bonds: 2H%of H%of ^% of H%ofl ^% of ^% of %% of M%ofl976._. 3J^%ofl >g%ofl ^% of ^% of ^% of $296,526, $296,526, _. 1,080,011, $1,080,011, ,720,279, ,720,279, ,460,795, ,460,795, ,844,864, ,844,864, ,033,296, ,033,296, ,485, ,080,011, ,080,011, ,080,011, ,080,011, ,934, ,077, ,080,011, ,080,011, ,444, ,567, ,080,011, ,080,011, ,485, , 080, on, ,080, on ,080, on, ,080, on, ,934, ,077, ,080,011, ,080, on, ,444, , 567, ,080, on, ,080, on, Total special issues 21,986,070, ,953,285, ,939,355, Footnotes at end of table.

264 REPORT OF THE SECRETARY OF THE TREASURY TABLE 66. Federal old-age and survivors insurance trustfund, June SO, 1970 Con. II. ASSETS HELD BY THE TREASURY DEPARTMENT-Continued Fiscal year 1970 Assets June 30, 1969 increase, or decrease ( ) June 30, 1970 Investments in public debt securities Continued Public issues: Treasm-y bonds: 2y% of (dated Sept. 15, 1943)-... $33,000, $33,000, y% of (dated Oct. 20, 1941) $ %of 1969 (dated Oct. 1, 1957).. 57,500, ,500, %ofl970-15,000, ,000, % of ,000, ,000, % of ,000, ,000, ^^% of ,500, ,500, ^%ofl ,934, ,934, ^% of ,352, ,352, M% of ,023, ,023, % of ,200, ,200, % of ,100, ,100, ^% of ,450, : 449,450, %0fl985 26,700, ,700, % Of ,000, ,000, ^% of ,300, ,300, ^% of ,250, ,250, %ofl ,170, ,170, ^% of ,037, ,037, Treasmy notes: 6M% Series A ,000, ,000, % Series B ,450, ,450, K% Series A ,000, ,000, ^% Series A ,180, ,180, ^% Series C ,500, ,500, % Series A ,000, ,000, y% Investment Series B ,064, 902, ,064,902, Total public issues: 3, , ,522,048, Investraents in non-federal securities: Federal National Mortgage Association secondary market operations debentm-es: 63^% of ,000, ,000, % of ,600, ,500, M%ofl970 20,000, , ,00 Total non-federal securities 86,500, ,500, ,000, Footnotes at end of table.

265 STATISTICAL APPENDIX 257 TABLE 66. Federal old-age and survivors insurance trustfund, June 30,1970 Con. II. ASSETS HELD BY THE TREASURY DEPARTMENT-Continued Assets June 30, 1969 Fiscal year 1970 increase, or decrease ( ) June 30, 1970 Investments in agency securities: Governinent National Mortgage Association: Federal assets liquidation trust: 53?^% of 1972 $50,000, % of ,000, % of ,000, Federal assets finance trust: 6% of ,000, % of ,000, % of ,000, % of ,000, % of ,000, Total agency securities 640,000, Total investments, par value 26,234,618, Undisbursed funds 6. 1,970,646,63L 11 Subtotal 28,205,264, Unamortized discount and premiura on investments (net) -14,447, Accrued interest purchased.. 121, Total assets 28,190,938, $3,886, 785, ,796, ,425, 581, , , $50,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,121, 403, ,509,442, ,630,846, ,490, ,425,416, ,616,355, Appropriations are equal to the amount of employraent taxes collected as estimated by the Secretary of the Treasury and adjusted in accordance with wage reports certified by the Secretary of Health, Education, and Welfare for distribution to this fund, the Federal disability insurance trust fund, and the Federal hospital trust fund. 2 Through June 30,1967, includes amortization of premium and discount, net.»in connection with payments of benefits to survivors of certain World War II veterans who died within 3 years after separation from active service. * Incidental recoveries, and beginning with fiscal year 1958, includes reirabmseraent of interest in the net amount of $14,649, transferred from the Federal disabuity insurance trust fund; beginmng with the fiscal year 1966, $1,929, from the Federal hospital insurance trust fund; and beginning with the fiscal year 1967, $1,132, from the Federal supplementary medical insurance trust fund. «Paid directly from the trust fund beginning with the fiscal year 1947 under annual appropriation acts. 9 Includes the fouowing balances in accounts as of June 30: Benefit payraents $1,965,024, $2,494,823, Salaries and expenses... 5,064,04L67 12,693,53L92 Construction of buildings , ,844, Vocational Rehabilition Prograra Payraent 81,223.56

266 REPORT OF THE SECRETARY OF THE TREASURY TABLE 67. Foreign service retirement and disability fund, June 30, 1970 [This trust fund was established in accordance with the provisions of the act of May 24, 1924, and the act of Aug. 13, 1946 (22 U.S.C. 1062). For further details, see annual report of the Secretary for 1941, p. 138] L RECEIPTS AND EXPENDITURES (EXCLUDING INVESTMENT TRANSACTIONS) Cumulative through June 30, 1969 Fiscal year 1970 Cumulative through June 30, 1970 Receipts: Deductions from salaries, service credit payments, and voluntary contributions of employees subject to retirement act.. $62,006, $7,303, Appropriations! ^ 25,815, Payraents by eraploying agency i ^ 30,826, ,898, Receipts frora civil service retireraent and disability fund. 14,390, ,322, Adjustnients m widow survivor benefits 29, , Interest and profits on investments 26, 507, ,319, Totalreceipts 159,576, ,847, Expenditures: Annuity payments and refunds Ill, 487, , 212, Balance 48,088, ,634, $69, 309, ,815, , 724, , 712, , , 826, ,423, , 700, , 723,142.' IL ASSETS HELD BY TI-IE TREASURY June 30, 1969 DEPARTMENT Fiscal year 1970, increase, or decrease ( ) June 30, 1970 Investments in public debt securities: Special issues, foreign service retirement series maturing June 30: Treasury notes: 4% of % of % of % of % of % of ^% of ^% of 1977 Treasury bonds: 4% of % of % of % of % of % of % of % of Total investraents. Undisbursed balance fund $3, ,017, ,017, ,017, ,017, ,017, , 082, ,017, ,017, ,017, ,017, ,017, ,017, ,017, ,017, , 320, , $3,017, , 721, , 704, , $3,017, ,017, , 017, , 017, ,017, ,082, , 721, , 017, ,017, ,017, , 017, ,017, ,017, , 017, , 017, , 024, , 699, Total assets.. 48, 088, , 634, , 723,142.! f Revised. 1 Beginnmg July 1, 1961, appropriations are not raade directly to the fund. Instead, in accordance with the act approved Sept. 8, 1960 (22 U.S.C. 1071(a)), the eraploying agency contributes (frora appropriations or funds from which the salaries are paid) amomits equal to the deductions from employees' salaries.

267 STATISTICAL APPENDIX 259 TABLE 68. Highway trust fund, June 30, 1970 [This trust fund was estabhshed in accordance with the provisions of section 209(a) of the Highway Revenue Act of 1956 (23 U.S.C. 120 note)] I. RECEIPTS AND EXPENDITURES (EXCLUDING INVESTMENT TRANSACTIONS) Receipts: Curaulative Curaulative through Fiscal year 1970 through June 30, 1969 June 30, 1970 Gasohne 2 $31,545,850, $3,474,592, $35,020,442, Diesel and special raotor fuels 1,570,394, ,164, ,833,559, Tires 2 4,215,431, ,478, , 803,910, Tread mbber 2 268,523, ,031, ,555, Trucks, buses, and trauers 2 3,716,974, ,926, ,416,901, Truckuse 1,000, 591, 58L ,805, ,1.37,397, Inner tubes 2 258,127, ,126, ,253, Othertires 272,718, ,718, Parts and accessories for trucks, buses, etc 250,211, ,209, ,420, Lubricating oils 310,644, ,365, ,010, Totaltaxes 43,409,467, ,413,700, ,823,168, Transfer to land and water conservation fund.. 121,800, ,000, ,800, Gross taxes 43,287,667, ,385,700, ,673,368, Deduct Reiraburseraent to general fundrefund of tax receipts: Gasoline used on farms 1,252,546, ,253,379, Gasoline for nonhighway purposes or local transit systeras 285,310, ,396, ,706, Gasoline, other 103, , Tires and tread rubber. 97, , Trucks, buses, and trailers 66, , Floor stock taxes Lubricating oils not used in highway raotor vehicles... 55,059, ,844, ,904, Total refunds of taxes 1,593,183, ,073, ,625,257, Nettaxes 41,694,484, ,353,626, ,048,111, Interest on investnient 199,038, ,409, ,447, Advances frora general fund 489,000, , Less return of advances to general fund ,000, ,000, Reunbursement frora general fund 15,097, ,097, Net receipts 41,908, 620, ,469,036, ,377,657, Expenditures: Highway program: Reimburseraent to general fund. 501,018, ,018, FederalAidHighway Actof ,877,875, ,375,172, ,253,047, Pentagon road network 2,243, , ,244, Right-of-way Revolving Fund : 3,078, ,078, Total highway prograra 40, 381,137, , 378,252, , 759,389, Services of Departraent of Labor (administration and enforcement of labor standards) 368, , Interest on advances from general fund 6,288,48L44 6,288, Total expenditures 40,387,793, ,378,252, ,766,046, Balance 1,520,826, ,090,78.3, ,611,610, Footnotes at end of table.

268 REPORT OF THE SECRETARY OF THE TREASURY TABLE 68. Highway trustfund, June 30, i570 -Continued n. ASSETS HELD BY THE TREASURY DEPARTMENT Assets Jmie 30,1969 Fiscal year 1970 increase, or decrease ( ) June 30, 1970 Investraents in public debt secmities: Special issues, Treasury certificates of indebtedness, highway trust fund series matm-ing June 30: 53^% of 1970 $1,512,735, $1,512,735, % of ,601,737, Total investments 1,512,735, ,089,002, Undisbmsed balance - 8,091, ,781, Totalassets......:... 1,520,826, ,090,783, $2, 601, 737, ,601,737, ,873, , 611, 610, Amounts equivalent to specified percentages of receipts from certain taxes on motor fuels, vehicles, tires and tubes, and use pf certain vehicles are appropriated and transferred monthly from general fund receipts to the trust fund oii the basis of estimates by the Secretary of the Treasm-y, with proper adjustments to be made in subsequent transfers as required by section 209(c) of the Highway Revehue Act of 1956, as amended (23 U.S.C. 120 note). See also, the annual report to Congress on the financial condition and results of operations of the highway trust fund... 2 Includes floor stocks taxes. TABLE 69. Judicial survivors annuity fund, June 30, 1970 [This fund was established in accordance with the provisions of the act of Aug. 3, 1956 (28 U.S.C.376(b))] I. RECEIPTS AND EXPENDITURES (EXCLUDING INVESTMENT TRANSACTIONS) Cumulative through June 30,1969 Receipts:. Deductions from salaries and contributions $9, 239, Interest and proflts on investments 983, Totalreceipts.. 10,222, Expenditures: Amiuity payments, refunds, etc... 5,495, Balance '. :... 4,726, Fiscal year 1970 $1, 264, , , 471, , , Cumulative through Juhe 30,1970 $10, 503, ,190, ,694, , 6,192,26L31 5, 501, II. ASSETS HELD BY THE TREASURY DEPARTMENT Assets June 30,1969 Fiscal year 1970, increase, or decrease ( ) June 3d, 1970 Investments in public debt securities: Public issues: Treasury notes: 5^% Series B-1971 $146,000.00'. 5^% Series B , % Series B , ^% Series C Treasury bonds: 4% Of , %ofl , % of 1972 (dated Sept. 15, 1962). 150, % of ^% of , K%0fl , % of , ^% of , K%0fl , ^%ofl , % of , K% of , /g% of , ^% of , %ofl995: 51, ^% of , Total investments. ' 4,725, Undisbursed balance 1, Totalassets 4,726, $165, , , , , , $146, , , , , , , , , , , , ,500.0) 664, , , , , , , 510, , , , 501,

269 TABLE 70. Library of Congress trustfunds, June 30, 1970 [Established in accordance-with provisions of the act of Mar. 3,1925, as amended (2 U.S.C ). For fmther detaus see 1941 annual report, p. 149] Name of donor: Babine, Alexis V Benjamin, WiUiam E Bowker, Richard R...1 Carnegie Corporation of New York Coolidge, Elizabeth S Elson, Louis C, memorial fund Feinberg, Lenore B. and Charles Fund..-. Friends of Music in the Library of Congress-... Guggenheim, Daniel...:...--^ Hanks, Nymphus Corridon Huntington, Archer M.^ Koussevitzky Music Foundation, Inc.-_.^ Longworth, Nicholas, Foundation McKim Fund : MUler, Dayton C National Library for the Blind, Inc. PenneU, Joseph., Porter, Hem-y K., memorial fund Roberts fund Scala, Norman P., memorial fund Sonneck memorial fund Stern memorial fund WhittaU, Gertrude C..: Collection of Stradivari instruments and Tourte bows... Poetry fund..,,. - General literature-. Appreciation and. understanding of good literature Wilbur, James B. Funds on deposit with Treasurer of the Uruted States Pei-manent loan account Interest at 4 percent paid by U.S. Treasury Incorae frora donated securities, etc. Fiscalyear Cumulative Fiscalyear Cumulative Cumulative Fiscalyear Cumulative June 30, June 30, 1970 through 1970 through through 1970 through Jime 30, 1969 Juhe 30, 1970 June 30, 1969 June 30, 1970 $6, , , , , , , , , , , ,69L59 20, , , , , , , , $1, $6, , , , , , , , ,654.22, 5, , , , , , , , , , , , ,638, ,638, , , , , , ,000.00, 305,813, 57 ;...; ,813.;57 $8, , , , , , "'6^ 353'99* 112, , , , , , , , , , , , , , , , , , Donations and investment income 6,246, ^ 1, ,247^ ,732, Expenditmes from investment income ,400,949!32 Balances in the accounts :... 6,246,89L 50 3i,026,00 6,247, , $ , , , , , , , , , , , , $8, , , , , , , , , , ,56L19. 11, , , , , , , , , $1, , , , , , $1, , , , , , $21, , , , , , ,051, , , , ,7,3L18 190,28L22 2, , , , , , , , , '2,'i68.'26 97, , , , , ,941, , , , , ,601,40L , , , , , , , , ZP I-H ZP y^ h-i Q >!^ 1 Includes income from securities held as investment under deed of trust dated Nov. 17, 1936, administered by designated trustees including the Bank of New York.' 2 Income from securities currently being held by Library of Congress. 8 Represents unappropriated receipts. NOTE. Above table does not include $41,000 face amount UST Securities representing bequests to the "Rosenwald CoUection" and the "Katie and Walter Louchheim Fund" donations. Also does not include securities received from the bequest of the late Leonora Jackson McKim Estate consisting of various stocks, notes and bonds listed by the probate court at an appraised or carrying value of $948,

270 REPORT OF THE SECRETARY OF THE TREASURY TABLE 71. National service life insurance fund, June 30, 1970 [This trust fund was estabushed in accordance with the provisions ofthe act of Oct. 8,1940 (38 U.S.C. 720). For further details, see annual report of the Secretary for 1941, p. 143] I. RECEIPTS AND EXPENDITURES (EXCLUDING INVESTMENT TRANSACTIONS IN FEDERAL AND NON-FEDERAL SECURITIES) Cumulative through June 30,1969 Fiscal year 1970 Curaulative through June 30, 1970 Receints* Premiuras and other receipts $13,239,027, Interest on investments 4,326,743, Payments from general fund 4,781,940, Totalreceipts 22,347,711, Expenditures: Benefit payments, dividends, and refunds.. 16, 033,190, Balance 6,314,521, $461, 269, $13, 700, 297, ,816, ,573, 560, ,323, ,785, 263, , 410, ,084, , 059,122, , 718, 274, ,326, , 340,847, II. ASSETS HELD BY THE TREASURY DEPARTMENT June 30, 1969 Fiscal year 1970 increase, or decrease ( ) June 30, 1970 Investments in public debt securities: Special issues, national service life insurance fund series, raaturing June 30: Treasury notes: 3^% of 1970 $6,946, ^% of ,696, ^% of ,480, ^% of ,597, % of ,419, ^% Of , Treasury bonds: 3% of ,000, M%ofl970 7,873, % of ,000, H%of ,946, ^% of ,873, %ofl ,000, ^% of ,946, ^% of ,873, % of , ^% of ,946, ^% of ,873, % of ,000, ^% of ,946, M%ofl974. 7,873, ^% of ,946, <%0fl975 : 386,873, ^% of ,149, M%of ,724, H%ofl976 :. 6,946, % of ,307, ^% of :.. 7,512, ^% of : ,259, ^% of : 95,560, S^%ofl ,819, ^% of ,819, % of ,452, Total special issues..: 5,753,653, $6,946, ,696, $544,480, ,597, ,419, ,007, ,007, ,000, ,873, ,000, , 946, ,873, , 000, , 946, ,873, , 000, , 946, ,873, ,000, , 946, ,873, , 946, ,873, ,149, , 724, , 946, ,307, , 512, , 259, , 560, ,819, ,819, ,452, , 492, , 915,145, Footnotes at end of table.

271 STATISTICAL APPENDIX 263 TABLE 71. National service life insurance fund, June SO, 1970 Continued II. ASSETS HELD BY THE TREASURY DEPARTMENT-Continued Assets June 30, 1969 Fiscal year 1970 increase, or decrease ( ) June 30,1970 Investments in non-federal securities: Federal National Mortgage Association secondary market operations debentures: 53^% of % of 1969 $25,000, ,500, $25,000, ,500, Total non-federal securities 67,500, ,500, Investments in agency securities: Government National Mortgage Association participation certificates: Federal assets liquidation trust: 6K%of % of % of 1977 Federal assets finance trust: 6.35% of % of ^% of % of % of 1988 Total agency securities.. Total investments. Undisbursed balance 25,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, , 301,153, ,368, Totalassets 6,314,521, ,992, ,334, $25,000, ,000, ,000, ,000, ,000, ,000, , , 320,145, , 702, , 326, ,340,847, 574. ( NOTE. Policy loans outstanding, on basis of information furnished by the Veterans' Administration, amounted to $852,457,558.49, as of June 30,1970. TABLE 72. Pershing Hall Memorial fund, June 30, 1970 [This special fund was established in accordance with the provisions of the act of June 28,1935, as amended (36 U.S.C. 491). For further details, see annual report of the Secretary for 1941, p. 155] I. RECEIPTS AND EXPENDITURES (EXCLUDING INVESTMENT TRANSACTIONS) Cumulative through June 30,1969 Fiscal year 1970 Curaulative through June 30, 1970 Receipts: Appropriations Profits on investraents Net increase in book value of bonds.. Interest earned. Totalreceipts.. Expenditures: Claims and expenses National Treasurer, American Legion.. Total expenditures. $482, , , , $7, , , , , , , , $482, , , , , , , , Balance 214, , II. ASSETS HELD BY THE TREASURY DEPARTMENT Fiscal year 1970 Assets June 30,1969 increase, or decrease ( ) June 30,1970 Investments in public debt securities: Public issugs' Treasury bonds, 33^% of 1990 Undisbmsed balance Totalassets $211, $211, , , , ,879.28

272 REPORT OF THE SECRETARY OF THE TREASURY TABLE 73. Railroad retirement account, June 30, 1970 [This trust account was established in accordance with the provisions of the act of June 24, 1937 (45 U.S.C. 2280(a)). For further details, see annual report of the Secretary for 1941, p. 148] L RECEIPTS AND EXPENDITURES (EXCLUDING INVESTMENT TRANSACTIONS IN.FEDERAL AND NON-FEDERAL SECURITIES) Curaulative through June 30, 1969 Fiscal year 1970 Curaulative through June 30, 1970 Receipts: Tax collections:.. Appropriated i '. '... $16, 377,420, Unappropriated -2,081, Less refunds of taxes 2-832, Fines and penalties 1, Interest and profits on investments 2, 505,355, Payments from Federal old-age and survivors and Federal disability insurance 3_. 4,735, 054, Payments to Federal hospital insurance trust fund ,589, Railroad unemployment insurance account: Interest on advances. '... 77,878, Repaym_e_nt of advances. 585, 611, Total receipts.. 24,164,817, Expenditures:.Benefit payments, etc 18,546,028, Administrative expenses * 177,644, Payments to railroad unemployment insurance account 1, Federal old-age and sm-vivors and Federal disabiuty insurance trust funds: -Payments ' : 26,831, Interest payments...' 35,393, Advances to raihoad uneraployraent in-.smance account...:.:.., 700,601, Interest onrefunds oftaxes 38,812.,52 Total expenditures 19,486, 538, Transfer frora railroad retirenient suppleraental account 906, Balance... 4,679,185, $964, 295, ,710, , '"2ii,"623,'776."io' '589, 257, ,307, ,876, , 635, OOO.OO.. $17, 341, 715, , , 544, , , 716, 979, , 324, 311, ,896, , 754, , 246, , 788,378, V 25, 953,196, ,538,648, ,260, , 228, , 950, ,503.66; 20,084,677, ,905, , 229, ,831^ ,393, , 551, , , 605,095, , 091, 634, , 620, ,713, ,663, " 4,837,848, IL ASSETS HELD BY THE TREASURY DEPARTMENT Assets June 30, 1969 Fiscal year 1970 increase, or decrease ( ) June 30, 1970 Investments in public debt secmities: Special issues, railroad retireraent series, maturing June 30: Treasm-y notes: 4J^%ofl971. 4M%of ^% of ^% of ^% of Treasury bonds: 4% of ^% of % of ^% of % of ^% of % of ^% Of % of ^% of % of /8% of : 4% of Footnotes at end of table. $5, 552, ,402, ,623, , 948, $5, 552, ,113, , 447, , 091, ,091, , 110, ,110, , 091, ,091, , no, ,110, , 091, ,962, , no, , 091, , 110, , 091, , no, , 091, , 110, , 091, $409, 289, , 623, ,948, , 447, ,129, , no, ,091, , no, ,091, , no, , 091, , no, , 091,

273 STATISTICAL APPENDIX 265 TABLE 73. Railroad retirement account, June SO, 1970 Continued IL ASSETS HELD BY THE TREASURY.DEPARTMENT Assets June 30, 1969 Fiscal year 1970 increase, or decrease ( ) June 30,1970 Investments in public debt securities: Continued Special issues, railroad retireraent series raaturing June 30: Continued Treasury notes: Continued 43^% of $23,110, ^% of ,201, ^% of ,201, $23, no, , 201, , 201, Total special issues... ' 3,426,334, $305,418, ,731,752, Public issues: Treasury notes: 5%, Series B M%, Series A M%, Series B-1972 by% Series A % Series A K% Series A ^% of Series C-1976 Treasm-y bonds: 4% of 1969 (dated Oct. 1, 1957)... 4% of ^% of % of 1971 : 4% of 1972 (dated Sept. 15, 1962). 4% of 1972 (dated Nov. 15, 1962).; 37^% of % of ^% of : 4% of dy% of % of % of ^% of ^% of % of ^%of Total public issues.. Federal National Mortgage Association secondary market operations debentures: 6% of b%% of 1970 Total non-federal secm-ities. Investnients in agency securities: Governraent National Mortgage Association participation certificates: Federal assets liquidation trust: 6.20% of 1977 Federal assets finance trust: 6.35% of % of % of '.. Total agency securities.. 32,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, ,500, ,500, ,500, ,000, , 700, , 261, ,000, ,550, , 900, , 000, ,000, ,100, ,925, , 200, ,550, ,686, ,500, ,000, , 000, ,000, ,500, ,500, ,500, ,000, ,000, ,000, ,000, Total investments 4,490,520, Undisbursed balance 188,665, ,000, ,000, ,000, ,918, ,254, ,000, ,000, , 000, , 000, , 000, ,000, ,000, ,000, ,500, ,500, ,500, ,000, , 700, , 261, , 000, ,550, , 900, ,000, ,000, ,100, ,925, , 200, ,650, , 686, ,000, ,000, ,000, ,000, ,000, ,000, , 704,438, ,410, Totalassets.'. 4,679,185, ,663, ,837, 848, Includes the Government's contribution for creditable military service under the act of Apr. 8, 1942, as amended by the act of Aug. 1, 1956 (45 U.S.C. 228c-l(n)(p)). Effective July 1, 1951, appropriations of receipts are equal to the amount of taxes deposited in the Treasury (less refunds) under the Railroad Retirement Tax Act (26 U.S.C ). 2 The result of reclassification, prior to 1967 was included in "Unappropriated." 3 Pm-suant to act of June 24, 1937(45 U.S.C..228e(k)). - 4 Beginning Aug. 1, 1949, paid from the trust fund under title IV, act of Jyne (45 U.S.C. 228 p) and subsequent annual appropriations acts.

274 REPORT OF THE SECRETARY OF THE TREASURY TABLE 74. Railroad retirement holding account, June SO, 1970 I. RECEIPTS AND EXPENDITURES (EXCLUDING INVESTMENT TRANSACTIONS) Cumulative Cumulative through Fiscal year 1970 through June 30, 1969 June 30, 1970 Receipts: Appropriated tax collections Interest and profits on investnients. $2,418, , $604, , $1,914, , Totalreceipts... 2,452, , ,931, Expenditures: Benefit payments, etc Balance 2,452, , ,931, II. ASSETS HELD BY THE TREASURY DEPARTMENT Fiscal year 1970 Assets June 30, 1969 increase, or decrease ( ) June 30, 1970 Investments in public debt securities: Special issues, railroad retirement series, raaturing June 30: Treasury certificates of indebtedness: 5%% of M%pf 1971 $2,264, $2,254, ,923, $1,923, Total investraents 2,264, , ,923, Undisbursed balance 198, , , Totalassets 2,452, , ,931, TABLE 75. Railroad retirement supplemental account, June 30, 1970 [The trust fund was established in accordance with the provisions ofthe act of Oct. 30,1966 (45 U.S.C. 228o (b))] I. RECEIPTS AND EXPENDITURES (EXCLUDING INVESTMENT TRANSACTIONS) Cumulative Cumulative through Fiscal vear 1970 through June 30, 1969 June 30, 1970 Receipts; Tax couections: Appropriated $75,855, $34,555, $110,410, Less refunds of taxes Interest and profits on investnients. 1,694, , ,284, Totalreceipts 77,549, ,145, ,696, Expenditures: Benefit payraents Interest on refunds of taxes 65,906, ,755, ,661, Total expenditures 65,906, ,755, ,661, Transfer to railroad retirenient account 906, ,620, ,713, Balance 10,737, ,010, ,747,96L25 II. ASSETS HELD BY THE TREASURY DEPARTMENT Fiscal year 1970 Assets June 30, 1969 increase, or decrease ( ) June 30, 1970 Investments m public debt securities: Special issues, railroad retirenient series, maturing June 30: Treasury certificates of indebtedness: 63^% of M%of 1971 $5,228, $5,228, ,671, $17,671, Total investments 5,228, ,443, ,671, Undisbursed balance 5,609, , ,076,96L25 Totalassets 10,737, ,010, ,747,96L25

275 STATISTICAL APPENDIX 267 TABLE 76. Unemployment trustfund, June SO, 1970 [This trust fund was established in accordance with the provisions of Sec. 904(a) of the Social Security Act of Aug. 14, 1935 (42 U.S.C. 1104). For further details see annual report of the Secretary for 1941, p. 145] I. RECEIPTS AND EXPENDITURES (EXCLUDING INVESTMENT TRANSACTIONS IN FEDERAL AND NON-FEDERAL SECURITIES) Cumulative through June 30,1969 Fiscal year 1970 Cumulative through June 30, 1970 STATE UNEMPLOYMENT ACCOUNTS Receipts: Appropriations from general fund i $138,024, $138,024, Deposits by States 53,831,464, $2,563,745, ,395,209, Interest earned: Collected r 5,621,220, ,319, ,196,539, Accrued-.. ' 25,965, , ,824, Totalreceipts 59,616,675, ,138,923, ,755,598, Expenditures: Withdrawals by States Advances to States 47,529,859, ,794,633, ,324,393, Total expenditures... 47,529,859, ,794,533, ,324,393, Transfers: From Employment Security Administration Account (1958 Act) 21,626, , ,638, To the railroad unemployment insm-ance account 107,226,93L ,226,93L 89 From Federal unemployraent account 236,765, ,765, Frora Federal extended corapensation account (reimbursement).. 46,282, ,282, To Federal uneraployraent account 220,021, ,021, Nettransfers.. 22,574, , ,561, Balance 12,064,241, ,402, ,408,644, RAILROAD UNEMPLOYMENT INSURANCE ACCOUNTS BENEFIT PAYMENTS ACCOUNT Receints* Deposits by RaUroad Retirement Board... 2,676,727, ,944, ,804,672, Advances from the railroad retireraent account 700,601, ,950, ,551, From the railroad unemployraent insurance adrainistration fund 106,187, ,187, Advance by the Secretary of Treasury 15,000, ,000, IntcrGst Giirnpd* Collected ' ^222,200, , ,284, Accrued ' 27, , Totalreceipts 3,720,744, ,978, ,893,722,61L 17 Expenditures: Benefit payments 3,122,373, ,955, ,215,328, To the railroad unemployment insurance administration fund 12,338, ,338, Repayment of advances to railroad retireraent account 585,611, ,635, ,246, Repayraent of advance to the Secretary of thetreasury 15,000, ,000, Repayment of advances from general fund for teraporary uneraployraent corapensation benefits 19,398, ,398, Payraent of interest on advances from railroad retirement account 77,878, ,876, ,754, Total expenditures 3,832,599, ,466, ,009,066, Transfers: To the railroad uneraployraent insurance administration fund 3 3,464, ,464, From State unemployraent funds 107,226,93L ,226, From the raihoad unemployment insurance adniinistration fund ^ 13,858, ,932, , 790, Net transfers Balance Footnotes at end of part I ,620, ,765, ,932, ,555, , 552, ,209,

276 REPORT OF THE SECRETARY OF THE TREASURY TABLE 76. Unemployment trustfund, June 30, 1970 Continued I. RECEIPTS AND EXPENDITURES (EXCLUDING INVESTMENT TRANSACTIONS IN FEDERAL AND NON-FEDERAL SECURITIES) Continued Curaulative through June 30, 1969 Fiscal year 1970 Curaulative through June 30, 1970 RAILROAD UNEMPLOYMENT INSURANCE ACCOUNTS-Continued ADMINISTRATIVE EXPENSE FUND Deposits by RaUroad Retireraent Board Adjusted for prior year (unexpended balance) Interest earned: C ouected Accrued Total receipts Expenditures: Adrainistrative expenses. Transfers: Frora railroad unemployment insurance account 3 To railroad unemployraent insurance account 4 Net transfers. Balance $95, 704, ,237,03L36. r 2,117, r 20, ,078, , 290, ,464, $8,181, , 858, ,932, , 393, , 394, , ,499, ,475, , 932, , $103,885, , 237, ,434, , , 577, , 765, , 464, , 790, , 325, ,486, FEDERAL EXTENDED COMPENSATION ACCOUNT Receipts: Advances from general fund fi 814,094, , 094, Expenditures: Teraporary extended unemployraent compensation payments Repayment of advances from general fund , 080, ,101, , , , 067, , , , 540,181, Transfers: From eraployraent security administration account Reimbursement to State accounts _ 772,369, , 282, , 369, , 282,805; 47 Net transfers. 726,087, , Balance. EMPLOYMENT SECURITY ADMINISTRATION ACCOUNT Receipts: Transfers (Federal unemployraent taxes): Appropriated 6 5,640,783, Less refund of taxes -46,837, Advance from general (revolving )fund.. 2, 263,796, Less return of advances to general fund. 2,263,796, Interest earned: Collected ' 19,566, Accrued 227, , 610, , 499, , 678, ,678, , 551, , ,421, 393, ,337, , 541,474, , 541, 474, ,118, , Totalreceipts. 5,613,739, , 668, , 392,408, , 677, ,716, ,196, ,771,377, ,432, ,369, ,096, Expenditures: Administrative expenses to Departraent of Labor 3,281, ,396, Salaries and expenses, Bmeau of Eraployment Security. 129,274, ,442, Grants to States for unemployraent compensation and employment service administration 4,147,180, Payments to general fund: Temporary uneraployraent corapensation ,432, Reimburseraent for adrainistrative expenses 59,726, Interest on advances frora general (revolving) fund 27,744, ,379, ,123, Interest on refund of taxes 1,450, , ,692, Total expenditures 4, 551,091, Footnotes at end of part I. 658, 026, , 209,117,

277 STATISTICAL APPENDIX 269 TABLE 76. Unemployment trustfund, June 30, 1970 Continued L RECEIPTS AND EXPENDITURES (EXCLUDING INVESTMENT TRANSACTIONS IN FEDERAL AND NON-FEDERAL SECURITIES) Continued Cumulative through June 30,1969 Fiscal year 1970 Cumulative through June 30, 1970 EMPLOYMENT SECURITY ADMINISTRATION ACCOUNT Continued Transfers: To State accounts.. To Federal unemployment account: Excess 6 Reduced tax credits: Alaska. Michigan _ To Federal extended compensation account. $21,626, ,982, ,362, ,381, ,369, $12, ,000, $21, 638, ,982, , 362, ,381, , 369, Net transfers 1,013,721, ,012, ,016, 734, Balance... 48, 926, ,629, , 556, FEDERAL UNEMPLOYMENT ACCOUNT Receipts: Appropriations from general fund i.. Interest earned: Collected... Accrued 207,350, r 140,685, r 1,139, ,948, ,838.19, 207,350, ,634, ,178, Total receipts ,176, , 987, ,163, Expenditures: 'To Bureau of Employraent Security, Department of Labor Transfers: To State unemployment accounts.- From State uneraployraent accounts... Frora employment security adrainistration account reduced tax credits From emplo5mient security administration account excess 7 Net transfers. Balance Undistributed earnings: Collected... Accrued Balance SUMMARY OF Balances State unemployment accounts Railroad unemployment insurance accounts: Benefit payments account Administrative expense fund Federal extended compensation account Employment security administration account. Federal uneniploym ent account Undistributed earnings Total assets '. 6,070, ,765, ,021, ,743, , 982, ,982, ,087, ,064,241, ,765, ,394, ,926, ,087, ,671,415, ,000, ,000, , 987, L95 344,402, ,555, , ,629, , 987, L95 489, 556, ,070, ,765, ,021, ,743, , 982, , 982, ,075, ,408,644, ,209, ,486, , 556, ,075, L95 13,160, 971, Amounts appropriated to the unemployment trust fund prior to enactment of the Employment Security Act of 1960 representing the excess of collections from Federal unemployment tax over emplojmient security expenses (42 U.S.C. 1101(b)). 2 Represents transfer of $ to Alaska, $3, to California, $ to Indiana, $1, to Michigan $75.76 to Minnesota, $5, to New Jersey, $1, to West Virginia. 3 Amount transfered pmsuant to Public Law , approved Oct. 5, 1963 (77 Stat. 219). 4 Represents the excess in the administrative expense funds transferred pmsuant to sec. 11(d) ofthe Railroad Unemployment Insurance Act (45 U.S.C. 361(d)). 8 Includes $36,274, not repayable to general fund pmsuant to sec. 905(a) of the Social Secmity Act as amended. 8 Excludes unappropriated receipts of $2,641, Represents excess in the employment security administration account transferred pm'suant to 42 U.S.C » Revised.

278 REPORT OF THE SECRETARY OF THE TREASURY TABLE 76. Unemployment trustfund, June SO, 1970 Continued II. ASSETS HELD BY THE DEPARTMENT OF THE TREASURY (ACCRUAL BASIS) Assets June 30, 1969 Fiscal year 1970 increase, or decrease ( ) June 30,1970 Investments in public debt secm-ities: Special issues, unemployment trust fund series, maturing June 30: Treasury certificates of indebtedness: 4M%ofl970 63^% of $9,956,932, $9,956,932, , 519,939, $10, 519,939, Total special issues 9,956,932, ,007, ,519,939, Public issues: Treasury notes: 5% Series A % Series A M% Series A ^% Series B ^% Series A % Series B-1975 ^y% Series A ^% Series B ^% Series C % Series A-1977 Treasury bonds: 23^% of 1964^69 (dated Sept. 15,1943). 23^% of % of 1969 (dated Oct. 1, 1957) 4% of 1970 (dated Jan. 1, 1965) 4% of 1970 (dated June 20, 1963).. 4% of ^% of % of 1972 (dated Sept. 15, 1962) 4% of 1972 (dated Nov. 15, 1962) 4% of H%ofl973 37^% of ^% of ^% of ^% of ^% of % of ^% of >i%ofl985 4^% of % of ^% of ^% of ^% of y% Investment Series B Treasury buls maturing: Aug. 31, 1969 Sept. 30, 1969 Nov. 5, ,750, ,200, ,000, ,000, ,500, ,000, ,000, ,000, ,600, ,000, ,100, ,250, ,000, ,000, ,000, ,500, ,500, ,000, ,000, ,000, ,000, ,640, ,710, ,050, ,000, ,000, ,000, ,000, , 500, ,300, , 221, ,200, ,000, ,400, ,000, , 700, ,250, ,600, ,000, ,100, ,250, , 490, , ,400, ,000, ,650, , 750, ,200, ,000, ,000, , 500, ,000, ,000, ,000, ,700, ,250, ,000, ,000, ,000, , 500, , 500, ,000, ,000, ,000, ,000, ,640, ,710, ,050, ,000, ,000, ,000, ,490, , 500, ,300, ,009, ,200, ,000, ,650, Total pubuc issues 2,278,421, , 472, ,267, 949,

279 STATISTICAL APPENDIX 271 TABLE 76. Unemployment trust fund, June SO, 1970 Continued IL ASSETS HELD BY THE DEPARTMENT OF THE TREASURY (ACCRUAL BASIS)- Continued Assets June 30, 1969 Fiscal year 1970 increase, or decrease ( ) June 30, 1970 Investments in non-federal secmities: Federal National Mortgage Association secondary market operations debentures: 53^% of 1969 $25,000, $25,000, % of ,500, ,500, ^% of ,000, Total non-federal securities 86,500, , 500, Investments in agency securities: Government National Mortgage Association Federal assets liquidation trust: 5M%of % of Federal assets finance trust: 6.35% of % of % of 1971 Total agency securities.. Total investraents, par value Unexpended balances: T rust account Railroad unempl03rment insurance accounts: Benefit payments account Administrative expense fund. Federal extended compensation account Employment security administration account Accounts receivable Subtotal. Accrued interest on investments. Unamortized discount Unamortized premium Accrued interest purchased $50,000, ,000, $50,000, ,000, ,000, ,000, ,000, ,000, ,000, , 586, 853, , 324, , , , 925, , , 650, 511, , 379, , 266, , , $20,000, ,000, $100, 000, , 000, , 000, ,000, ,035, ,007,888, , 958, ,283, , , ,113, , , 371, , , , , , , , 039, ,139,883, , 285, ,013, , , Totalassets 12,671,415, , 556, ,160,971,

280 TABLE 76. Unemployment trustfund, June 30, 1970 Continued III. BALANCE OF UNEMPLOYMENT TRUST FUND BY STATES AND OTHER ACCOUNTS AS OF JUNE 30,1969 OPERATIONS IN 1970, AND BALANCE JUNE 30, 1970 States and other accounts Balance June 30, Operations in fiscal 1970 Deposits Earnings Transfers Withdrawals Alabama $125,788, $26,103, $6,146,, : $23,500, Alaska 22,137, ,421, ,262, i$45l08 9,021, Arizona 99,606, ,769, ,029, ,736, Arkansas 1 48,910, ,436, ,343, ,525, California 1, 208,623, ,954, ,631, , ,746, Colorado 77,344, ,906, ,696, ,065, Connecticut 298,374, ,314, ,828, ,505,12L68 Delaware 24,228, ,290, ,093, ,713, District of Columbia 74,865, ,125, ,476, ,055, Florida. 248,004, ,897, ,868, ,670, Georgia 302, 229,12L 26 37,797, ,789, ,514, Hawaii 38,607, ,222, ,964, ,750, Idaho 41,781, ,037, ,019, ,460, Illinois 504,026, ,888, ,488, ,950, Indiana 304,374, ,929, ,788, L77 42,275, Iowa 130,547, OOL 63 14,204, ,066, ,414, Kansas 95,678, ,462, ,490, ,948, Kentucky 163,608, ,950, ,835, 69L ,765, Louisiana 161,947, ,975, ,402, ,763'; Mame 43,363,3n.76 10,189, ,013, ,905, Maryland 225,872, ,232, ,474, 64L ,585, Massachusetts 388,853, ' 121,699, ,694, ,890, Michigan 610,563, ,787, ,382, , ,265, Mhmesota 99,777,87L07-46,545, ,317, ,880, Mississippi 83,127, ,550, ,912, ,585, Missouri 280,254, ,803, ,051, ,819, Montana 23,684, ,618, ,146, ,050, Nebraska 52,873, ,148, ,538, ,350, Nevada 34,249, ,230, ,743, ,445, New Harapshire. 50,636, ,151, ,473, ,091, NewJersey 458,645, ,410, ,784, , ^ 191,10.0, New Mexico 40,807, ,089, ,936, ,290, New York 1, 745,097,3IL ,029,39L 78 81,950, 183*44 "" ,584, Balance ^ June 30,1970 $134, 537, , 800, , 668, , , , 882, , , 898, , 411, , , 301, , , 378, , 453, , 818, , 404, , 683, , 628, , 562,052:45 41, 660, , 995, , 357, , , 760, , 005, , 289, , 299, , 210, , 777, , 171, , 745, , 543, ,765, 492, Pi O Pi o ZP o pi y^ > Pi y< o Pi > ZP d

281 North Carolina. North Dakota... Ohio.- Oklahoraa Oregon Pennsylvania... Puerto Rico Rhode Island-.. South Carolhia.- South Dakota... Tennessee Texas Utah... Verraont Virginia Washhigton West Vhginia..- Wisconsin Wyoming " 370,527, ,638, ,094, 14L99 59,580, ,147, ,973, ,897, , 679, ,171, , 625, , 538, ,211, ,990, , 884, ,024, ,241, , 360, , 688, , 572, ,115, ,334, 64L60 88,439, ,220, ,856, ,600, ,128, ,042, , 536, ,022, , 861, , 329, ,166, ,373, ,306, ,022, , 512, ,966, , 740, , 094, , ,182, ,782, ,194, ,129, ,903, , 838, , 278, , ,417, ,410, , 237, ,192, , 734, , 281, , 619, 67L 74 15,052, , , ,400, ,859, ,458, ,745, ,250, ,500, ,600, , 575, ,062, ,060, ,435, ,783, , 514, , 582, , 775, ,050, , ,172, , 892, ,336, ,592, ,257, ,837, ,948, ,202, ,330, ,985, ,923, ,480, ,382, , ,880, , 867, ,290, ,495, , 793, , 535, , 238, Subtotals... 12,064,241, ,563,745, ,178, 878. ( 12, , 794, 533, , 408, 644, < 1.05 RaUroad unemployment insurance accounts: Benefits and refunds Administrative expense fund Federal uneraployrnent account Employment security administration account.. Federal extended compensation account Undistributed eamhigs 5,164, , 632,31L ,087, ,000, , 944, ,181, 'i,'672,'39i,'599.'i4' 83, , ,987, , 558, ,752, ,932, ,000, ,012, , 631, ,985, 'i,'oi2,"42i,'i6i.'23' 3, 809, ,214, ,075, , 516, L Subtotal au accounts 12,624,126, ,772,262,518.20, 126, , 685, , 910, 571, ,058, 259, Balances of transfers to other agencies: Railroad unemployment insurance accounts: Benefits and refunds Administrative expense fund., Federal extended compensation account Eraployment security administration account , , , , , , , 925, ,113, ,039, Total as shown in parts I and II 12,671,415, ,772, 262, , 126, ,685, , 855,147, ,160,971, ZP > t-h ZP > h^ J Amount transferred due to eexcss receipts in payment of 1958 act.. 2 Includes advances from railroad retirement account of $44,950, repayment of advances $78,635,000.00, and transfer from railroad unemployment insurance administration account $1,932, Includes payment of interest on advances from Railroad Retirement Board of $4,876, $1,932, transferred to railroad unemployraent insurance account in accordance with sec. 11(d) of the Railroad Unemployment Act. IN:) 00

282 REPORT OF THE SECRETARY OF THE TREASURY TABLE 77. U.S. Government life insurance fund, June 30, 1970 [This trust fund operates in accordance with theprovisionsof theact of June 7,1924, asamended (38 U.S.C. 755). For further details, see annual report of the Secretary for 1941, p. 142] I. RECEIPTS AND EXPENDITURES (EXCLUDING INVESTMENT TRANSACTIONS) Cumulative through June 30, 1969 Fiscal year 1970 Cumulative through June 30, 1970 Receipts: Premiums and other receipts $2,139,267, $10,123, $2,149,390, Interest and profits on investments 1,364,478, ,346, ,395,825, Paynients from general fund 1-52, ,67L92 5, Totalreceipts 3,503,694, ,527, ,545,221, Expenditures: Benefit payments, dividends, and refunds.. 2, 658,613, ,177, , 742, 791, Balance 845,080, ,650, ,429, II. ASSETS HELD BY THE TREASURY DEPARTMENT Assets June 30, 1969 Fiscal year 1970 increase, or decrease ( ) June 30, 1970 Investments in public debt securities: Special issues, U.S. Government life insurance fund series, maturing June 30: Treasury notes: 4^%ofl971 $77,986, % of ,365, % of ,638, % of 1977 Treasury bonds: 33^% of ,100, ^% of , >^%0fl971 73,100, M%ofl , ^% of ,100, M%ofl , ^% of ,100, K%ofl973...: 670, ^% of ,100, M%ofl , M%ofl975 73,770, ^% of ,799, M%ofl976-5,971, >^%ofl977 49,963, M%ofl977 23,807, ^% of ,214, % of ,556, ^% of ,912, Total special issues 841,831, Total investments 841,831, Undisbursed balance 3,249, Totalassets ,080, $29, 964, ,100, , ,282, , 088, , 088, ,437, $77, 986, ,365, ,638, , 964, , 818, , ,100, , ,100, , ,100, , , 770, , 799, , 971, ,963, ,807, ,214, , 556, , 912, , 743, , 743, , 686, , 650, ,429, Included under premiums and other receipts prior to fiscal Negative aniounts frora adjustnients of prior years' receipts. NOTE. Policy loans outstanding on basis of inforniation furnished by the Veterans' Administration araounted to $80,410, as of June 30, 1970.

283 STATISTICAL APPENDIX 275 Customs Operations TABLE 78. Merchandise entries, fiscal years 1969 and 1970 Entries Percentage increase, or decrease ( ) Consuraption free 531, ,258 Consumption dutiable 1,917,505 2,119,320 Warehouse and rewarehouse 84,160 75,298 Other formal 4,316 2,862 Total formal entries 2,537,840 2,745,738 Warehouse withdrawals 484, ,283 Appraisement Drawback 23,229 20,172 Outbound immediate transportation; transportation and exportarion, etc 824, ,778 Mail 2,343,462 2,928,674 Inforraal 878, ,905 Passenger declarations total 5,468,176 6,418,719 Crew declarations total 1,323,301 1,454,905 Mihtary declarations total 1,872,355 1,901,182 Passengers declarations dutiable 545, ,284 Crew declarations dutiable.: 167, ,847 MiUtary declarations dutiable 62,859 64,413 Other informal 1,790,251 1,952, L TABLE Carriers and persons arriving in the United States, fiscal years 1969 and Type of entrant 1970 Percentage increase, or decrease ( ) Carriers arriving: Vessels entering direct from foreign ports 49,500 48, Vessels entering via U.S. ports (36,462) (41,293) Vessels reporting only from foreign ports: Governraent 1,382 (*) Ferries 59,756 57, Other 43,247 (*) Comraercial planes 191, ,912 Comraercial planes entering via U.S. ports 2 (17,591) (21,415) Military planes 50,301 46,608 Private planes 100,306 97,883 Other ground vehicles 63,589,368 62,088,494 Freight carrier vehicles 3,049,360 3,222,313 Total carriers 67,135,150 65,761,768 Persons arriving on: Vessels entering 728, ,618 Vessels reporting only frora foreign ports: Government 296,246 (*) Ferries 1,431,454 1,152,141 Other 119,084 (*) Conmiercial planes 8,778,008 10,820,010 Comraercial planes via U.S. ports 118, ,675 Military planes 1,812,275 1,692,338 Private planes 332, ,988 Land border crossers 213,877, ,873, L Total persons 227,493, ,680, * Statistics no longer collected. 1 Excludes Puerto Rico and the Virgin Islands. 2 Not included in totals, already counted under entering vessels frora foreign ports.

284 REPORT OF THE SECRETARY OF THE TREASURY TABLE 80. Aircraft and aircraft passengers entering the United States, fiscal years 1969 and 1970 Regions and districts Ahcraft Aircraft passengers Percei ntage increa se, or decrea; 3e(-) Aircraft Passengers Boston region: District offices: Boston Bridgeport Bufialo Ogdensburg Portland, Maine. Providence St.Albans 8, ,545 1, 615 3, , 975 9, , 968 1,499 4, ,619 Total Boston region 29,059 31,130 New York regional office 65,922 67,013 Baltimore region: District offices: Baltimore 1,653 1,441 Norfolk Philadelphia 8,142 8,351 Washington, D.C 2,995 3,186 Total Baltimore region 13, ,751 Miarai region: District offices: Charleston, S.C 1,820 2,052 Miami 70,270 68,765 Savannah Tampa 3,126 3,243 Wilrahigton, N.C Subtotal Miami region St. Thomas, V.I San Juan, P.R New Orleans region: District offices: Mobile New Orleans Total Miami region Total New Orleans region. 76, , , , ,388 2, 660 Houston region: District offices: ElPaso 3,277 Galveston 287 Houston 3,093 Laredo 14,140 Port Arthur 1 74,888 10, , , ,892 3,118 3, ,908 13,671 Total Houston region 20,798 21,134 Los Angeles region: District offices: LosAngeles 8,709 9,310 Nogales 7,836 7,140 SanDiego 9,365 9,919 Total Los Angeles region 25,910 26,369 San Francisco region: District offices: Anchorage 12,260 12,102 GreatFaUs 3,359 3,529 Honolulu 15,704 15,556 Portland, Oreg 1, SanFrancisco 12,262 12,481 Seattle 17,562 16,591 Total San Francisco region 62,155 61, ,132 6,716 1, 001, 688 5,992 26, , , , ,096,'623 3, ,823 12, , 544 1,871, 609 2,169, 349 2, 958, 799 3,951, ,196 22, , , , ,439 56,862 1, 625,112 5,850 33,542 8,813 1, 730, , ,475 2, 778,153 6, , ,953 28,153 1, , , ,256 1, 735, 757 6,692 24,426 7,719 1,824, , ,485 2,891,817 2, , , , , ,843 40,421 38, ,682 37,898 40, , , ,291 40, ,211 2, , ,303 36,909 17, , , , , , ,386 35, ,204 2, , , 538 2,176, 582 2,338,112 ILIO L L L L L L n ILll

285 STATISTICAL APPENDIX 277 TABLE 80. Aircraft and aircraft passengers entering the United States, fiscal years 1969 and i^70 Continued Regions and districts Ahcraft Aircraft passengers Percentage increase, or decrease ( ) Aircraft Passengers Chicago region: District offices: Chicago... 9,917 11, , , Cleveland 9,798 10,309 56,208 55, Detroit 10,512 8, , , Duluth 8,772 10,128 26,955 28, f4.34 Milwaukee ,167 3,934 3L Minneapolis.. 1,260 1,633 8,884 3, Pembina, 5,150 4,612 80,014 78, L34 St.Louis ,286 5, Total Chicago region 46,216 46, , , Grand total excluding St. Thomas and San Juan 342, ,403 11,040,701 12,932, Grand total including St. Thomas and SanJuan 401, ,053 12,088,675 13,998,978 L TABLE 81. Seizures for violations of customs laws, fiscal years 1969 and 1970 ^ Seizures Joint Seizmes 1969 total Seizures by other seizures by agencies by customs Total Customs and other agencies AutomobUes: Number 2,220 2, ,575 Value $2,686,357 $2,442,433 $634,871 $163,057 $3,240,361 Trucks - Number Value $418,412 $279,166 $60,248 $6,265 $345,679 Aircraft: Number Value $425,450 $3,958,800 $17,500 $3,976,300 Boats: Number Value $8,572,241 $24,021,855 $16,000 $3,150 $24,041,005 Narcotics: Number. 3,851 5, ,008 Value... $3,055,094 $5,686,162 $1,144,596 $125,959 $6,956,717 Liquors: Number 8,261 7, ,930 GaUons 12,568 16, ,042 17,474 Value $467,795 $240,763 $573 $5,919 $247,255 Prohibited articles: Number... 12,714 11, ,920 Value $677,849 $360,023 $51 $665 $360,739 Other seizm-es: Number... 10,473 10, ,021 Value $6,816,167 $8,675,569 $1,574,384 $587,654 $10,837,607 Grand total: Number 2 Value 35,299 $23,119,365 35,434 $45,664, $3,430,723 1,049 $910,169 36,879 $50,005,663 1 Includes Puerto Rico and the Virgin Islands 2 Excludes number of carriers confiscated in connection with seizures of liquor, narcotics, etc. 1970

286 REPORT OF THE SECRETARY OF THE TREASURY TABLE 82. Investigative activities, fiscal years 1969 and 1970 Activity Drawback.. Classification Market value SmuggUng, narcotics Sinuggling, all other. Undervaluation, false invoicing, etc.prohibited iraportations Navigation, aircraft, and vehicle violations. Baggage declarations Custoras brokers, cartraen and lightermen. Petitions for relief.. Personnel Custoras procedure CoUection of duties and penalties Cooperation with other agencies. Neutrality Pilferages and shortages Export control Federal tort clahns MisceUaneous Dumping. CountervaUing duties Total , 562 2, 539 2, ,356 1, , ,020 14, 221 2, 056 1, ,010 3, , Percentage increase, or decrease ( ) , TABLE Principal commodities on which drawback was paid, fiscal years 1969 and 1970 i Commodity Percentage mcrease or decrease (-) Aluminum Animal and vegetable oils, fats, and greases. Automobiles, aircraft, and parts Burlap C hemicals Chromium and alloys Citrus fruit juices C oal-tar products Copper and manufactures Cotton cloth Cotton manufactures Diesel engines Electrical machinery Ferroalloying ores and metals Fruits and preparations Glass and glass products Lead ore, matte, pigs, and bars Machinery, other than electric Magnesite Magnesium Manganese ore Medica 1 preparations Nickel Paper and manufactures Petroleum and products Pigments, paints and varnishes Quicksilver or mercury Rayon and other synthetic textiles Steel mill products. Sugar Tires and tubes, rubber and synthetic Tobacco and manufactures Tungstenore Watch movements and parts Z inc ore and manufactures Other Total $3, 056, ,307 80, ,305 7,408,365 31,847 2, 687, , , ,148 27, , , ,376 79, , , , ,043 1, 285,012 20, ,901 98, ,731 14,697,425 30,479 66, ,225 2,447, , , 944 1,138, , , , , , 224,499 $2, 648, , , , 794 4,714,332 5,350 5,303,893 2, 530, , ,438 28, , , , ,516 50, , ,550 44,665 16,278 3, , , ,306 12,509, ,485 37,839 1, ,175,112 1,179, , 260 1,159, , , ,284 1,396,082 40,088, L L L L , Includes Puerto Rico.

287 STATISTICAL APPENDIX 279 Engraving and Printing Production TABLE 84. New postage stamp issues delivered, fiscal year 1970 Issues Denominations Number of stamps delivered (in thousands) Coraraeraoratives: California Bicentennial John Wesley Powell 150th Anniversary of Alabama Statehood. llth International Botanical Congress Moon Landing Air Mail Dartmouth College Case 100 Years of Professional Baseball 100 Years of Intercollegiate Football Dwight D. Eisenhower Crippled Children American Painting (WUliam M. Harnett). Natural History Series th Anniversary of Maine Statehood Special: Christmas Series 1969 Special Delivery: Special Delivery , , , , , , , , , , , , ,630 40,380 1, 707,150 52, 590 TABLE 85. Deliveries of finished work by the Bureau of Engraving and Printing, fiscal years 1969 and 1970 Class Number of pieces Face value 1970 Currency: U.S. notes 768,000. Federal Reserve notes. 2,430,608,000 Specimens 357 $15,619,680, 000 2,509,728, Total 2,431,376,357 2,509,728,183 15,619,680,000 Military payraent certificates. Speciraens 90,800, ,080,000 1, , 060,800 Total- 90,800,432 82,081, , 060,800 Bonds, notes, buls, certificates, and debentures: Bonds: Treasury Treasury, special series Governraent National Mortgage Associationmortgage backed Consolidated Federal farm loan bonds Consolidated notes of the Federal home loan banks Notes: Treasury. Consolidated notes of the Federal home loan banks Federal National Mortgage Association, short term discount notes Tennessee Valley Authority Farmers Home Administration Insured Insurance Contract Treasury Special Series Bills: Treasm-y. Certificates: Treasury certificate of indebtedness, special series.. Participation certificates in Government liquidation trust. Participation certificates in Export-Import Bank ofthe United States Participation certificates in Government National Mortgage Association Participation in Small Business Obligations Trust Mortgage backed in Govemment Mortgage Association Commodity Credit Corporation, special series 59, , ,163 1,041, ,000 1,004 10, , 917,500 1,550 18,044 20,534 36, , , , ,124 1, 967, ,099 26,000 5,100. 1,944,800,000 1,577,500,000 4, 222, 000,000 14,258, 500,000 53,809,000,000 4,200,000,00 7, 587, , 260,000,000 16,450 1, , ,030,000, , 500,000 10,000, 000 3,000,000

288 REPORT OF THE SECRETARY OF THE TREASURY TABLE 85. Deliveries of firiished work by the Bureau of Engraving and Printing fiscal years 1969 and 1970 Continued Number of pieces Class Face value Bonds, notes, bius, certificates, and debentures: Continued Debentures: Consolidated collateral trust for: Twelve Federal intermediate credit banks $155,000 $340,452 $10,865,000,000 Thirteen banks for cooperatives 135,500 87,500 3,140,000,000 Federal National Mortgage Association, secondary market operations. 113, ,951 11,866,500,000 Federal National Mortgage Association Capital... 15,386 12, ,000,000 Department of Housing and Urban Development, Federal Housing Administration (Special Risk Insurance Fund) 10,706 Federal Housing Administration. 5, ,000 Export-Iraport Bank of the United States 2,646 Total 8,001,993 11,538, ,696,300,000 Stamps: Customs 3,248,000 1,426,400 U.S. Internal Revenue 2,507,202,473 2,644,205, ,645 Puerto Rican Internal Revenue ,706, ,622,500 Virgin Islands Internal Revenue 102,700 U.S. Postage: Ordinary 19,602,493,800 18,791,484,200 1,242,073,700 Airmail 1,048,768, ,401, ,894,590 Comraeraorative 2,223,017,020 1,771,304, ,219,456 Specialissue 4,352,743,720 4,471,975, ,272,600 Special delivery 33,750,000 56,645,400 24,882,000 Postage due. 143,890, ,760,000 16,696,600 Postal insurance booklets 207, ,700 63,540 U.S.savings ,827,000 72,643,500 12,252,500 Federal raigratory bird hunting 3,294,000 3,093,000 9,279,000 Canal Zone postage 2,991,500 8,677, ,300 Food coupons 502,040, ,942,775 1,364,610,150 Food certificates 1,089, ,875 Total 30,792,179,586 30,063,690,668 3,166,106,956 Miscellaneous: Cards, certificates, etc. to office of issue 12,279,172 9, 552,736. Grand total 33,334,637,540 32,676,591, ,728,147,756 TABLE 86. Statement of financial condition June SO, 1969 and 1970 June 30,1969 Jmie 30, 1970 ASSETS Current assets: Cash on hand $40 Cash with the Treasury 4,286,418 $4,483,307 Accounts receivable 2,303,317 3,356,819 Inventories: i Finished goods 2,653,341 1,664,866 Work in process... 3,730,959 4,688,484 Rawmaterials 1,416,257 1,259,524 Stores 1,419,096 1,381,437 Prepaid expenses. 153, ,763 Total cmrent assets 15,962,593 16,973,200 Footnotes at end of table.

289 STATISTICAL APPENDIX 281 TABLE 86. Statement of financial condition June 30, 1969 and 1970 Continued ASSETS Continued Fixed assets:' Plant machinery and equipment 22,635,075 23,153,898 Motor vehicles 163, ,862 Officemachines 318, ,339 Fmnitm-e and fixtures 494, ,477 Dies, rolls, and plates 3,955,961 3,955, 961 Building appm-tonances 3,594, 399 3, 933,169 Fixed assets under construction 608, ^~ 987 2,151, 925 Subtotal... Less accumulated depreciation Subtotal Excess fixed assets (written down to 10 percent and 15 percent of book value, 1969 a.nd 1970, respectively) Total fixed assets Deferred charges Totalassets June 30, 1969 June 30, , 771, , 942, ,828, , 829, ,070 30, 022, ,244, , 390, ,-853, 651 3,844 14,857, ,237 32,052, 932 LIABILITIES AND INVESTMENT OF THE UNITED STATES LiabUities: Accounts payable 321, ,252 Accrued liabuities: PayroU 1,329,050 1,672,650 Accrued leave 1,993,307 2,074,513 Constructive receipts 3 581,150 2,072,402 Other. 200, ,879 Trust and deposit habilities 304, ,951 Otherliabilities 1,631 4,613 Total liabiuties < Investment ofthe U.S. Government: Appropriation from U.S. Treasury Donated assets, net Subtotal Accuraulated earnings, or deficit ( )* Total investment of the U.S. Government 4,731, 832 3, 250, , 000, , 250, , , 290,196 6,898,260 3, 250, ,000, , 250, , ,154, 672 Total UabiUties and investment of the U.S. Government 30,022,028 32,052, Finished goods and work in process inventories are valued at cost, including administrative and service overhead. Included in the work in process inventory is $730,795 of slow-moving or inactive engraved stock for secm-ities of the Bureau of the Public Debt. Except for the distinctive paper which is valued at the acquisition cost, raw materials and stores inventories are valued at the average cost of the materials and supplies on hand. 2 Plant machinery and eqmpment, fmniture and fixtures, office machines, and motor vehicles acquired on or before June 30, 1950, are stated at appraised values. Additions since June 30, 1950, and au buuding appm-tenances are valued at acquisition cost. The act of August 4,1950 (31 U.S.C. 181a), which established the Bureau of Engraving and Printing fmid, specffically excluded land and buildings valued at about $9,000,000 from the assets of the fund. Also excluded are appropriated funds of about $7,184,000 expended or transferred to GSA for extraordinary expenses in connection with uncapitalized building repairs and air conditioning. As of June 30, 1970, fixed assets included $7,888,585 of fully depreciated items, principauy plant machinery and equipment and building appmtenances. Dies, rous, and plates were capitalized on July 1, 1951, on the basis of average unit costs of raanufacture, reduced to recognize their estiraated useful life. Since July 1,1951, all costs of dies, rous, and plates have been charged to operations in the year acquired. 3 The accrual for constructive receipts is the estiraated value of work perforraed by contractors to special specification, which had not been delivered to or accepted by the Bmeau as of June 30, 1969, and June 30, Contra entries are to raw raaterials, $93,402 and $192,884;J stores, $9,376 and $17,343; and fixed assets under construction, $478,372 and $1,862,175, respectively. * In addition, outstanding commitments with suppliers for unperformed contracts and undelivered purchase orders totaled $19,046,885 as of June 30, 1969, $14,877,230 as of June 30, Included in the total of $14,877,230 is $11,688,668 representing the remaining 3 years of a 4-year contract entered into with a supplier of distinctive paper,, ^ The act of August 4, 1950, provided that customer agencies make payraent to the Bmeau at prices deemed adequate to recover all costs incidental to performing work or services requisitioned. Any surplus accruing to the fund in any fiscal year is to be paid into the general fund of the Treasm-y as misceuaneous receipts except that any smplus is applied first to restore any impairment of capital by reason of variations between prices charged and actual costs. Accordingly, $128,711 of the total profit of $167,977 which resulted from operations in fiscal year 1969 was applied to offset accumulative losses in prior years and the balance or $39,266, was retujrned to the Treasury as raisceuaneous receipts.

290 REPORT OF THE SECRETARY OF THE TREIASURY TABLE 87. Statement of income and expense, fiscal years 1969 and 1970 Incorae and expense Operating revenue: Sales of engraving and printing $40, 271,162 $44, 709, 973 Operating costs: Cost of sales: Directlabor.. 17,348,413 19,240,943 Direct materials used Contract printing (postage stamps) 6, 342, ,186 6, 600, 953 Primecost 24,206,561 25,841,896 Overhead costs: Salaries and indirect labor 10,858, , 201, 672 Factory supplies 1,699,643 1,766,242 Repah- parts and supplies 428, ,838 Employer's share personnel benefits. 1, 990, 632 2,324, 712 Rent, coramunications and utilities 879, ,621 Other services. 560, ,316 Depreciation and amortization 1,666,450 1, 534, 974 Gains ( ), or losses on disposal or retirenient of fixed assets 26, , 714 Sundry expense (net) 86, ,343 Total overhead 18,196,542 20,162,432 Total costs 1 42,403,103 46,004,328 Less: Nonproduction costs: Shop costs capitalized Cost of miscellaneous services rendered other agencies 482, , , ,316 1,166,845 1,229,047 Cost of production 41,236,258 44,775,281 Net increase ( ) or decrease in finished goods and work in process inventories from operations 1,133,073 30,950 Costofsales. 40,103,185 44,806,231 Operating profit, or loss (-) 167,977-96,258 Nonoperating revenue: Operation and maintenance of incinerator and space utilized by other agencies Other direct charges for miscellaneous services 544, , , , 709 Total 684, ,316 Nonoperating costs: Cost of miscellaneous services rendered other agencies 684, ,316 Net profit, or loss (-) for the year 2 167,977-96,258 1 No araounts are included i.n the accounts of the fund for (1) interest on the investment of the Government in the Bureau of Engraving and Printing fund, (2) depreciation on the Bureau's buildings excluded from the assets of the fund by the act of August 4,1950, and (3) certain costs of services performed by other agencies on behalf of the Bureau. 2 See table 86, footnote 5.

291 STATISTICAL APPENDIX 283 TABLE 88. Statement of source and application of funds, fiscal years 1969 and 1970 Funds provided and applied Funds provided: Sales of engraving and printing $40,271,162 $44,709,973 Operation and maintenance of incinerator and space utilized by other agencies 544, ,607 0 ther direct charges for raiscellaneous services 140,257 86,709 Total 40,955,603 45,429,289 Less cost of sales and services (excluding depreciation and other charges not requiring expenditure of funds: Fiscal year 1969, $1,692,572; fiscal year 1970, $1,651,688) 39,095,054 43,873,859 1, 860, 549 1, 555,430 Sale of surplus equipraent 15,479 4,273 Decrease in working capital 1,155,821 Total funds provided 1,876,028 2,715,524 Funds applied: Acquisition of fixed assets 1,403,350 2,622,531 Acquisition of experimental equipraent; and plant repairs and alterations to be charged to future operations 193,357 53,727 Operating surplus returned to Treasury 31 U.S.C. 181a(e)i 39,266 Increase in working capital 279,321 Total funds applied. 1,876,028 2,715,524 See table 86, footnote 5. International Claims TABLE 89. Status of Class III Awards of the Mixed Claims Commission, United States and Germany, and Private Law 609 as of June 30, 1970 Class III Private Law Description awards over 509, approved $100,000 July 19,1940 AWARDS i Prmcipal of awards $117,387, $160, Less amounts paid by Alien Property and others 266, Interest to Jan. 1, 1928, as specified in awards 53,245, , Interest thereon to date of payment or, if unpaid, to June 30, 1970, at 5 percent per annum, as specffied in the Settlement of War (Claims Act of ,526, , Total due claimants. 251,892, , PAYMENTS Prmcipal of awards 76,955, , Interest to Jan. 1, ,245, , Interest at 5 percent from Jan. 1, 1928, to date of payment 75,215, , Total payments 2 205,416, , BALANCE DUE Principal of awards Accrued interest from Jan. 1, 1928, through June 30, ,165, ,310, , , Balance due claimants ,476, , Total reimbm-sement for administrative expenses 3 1,027, , Excludes Class I awards (on account of death and personal injury) which have been paid in full and also Class II awards on which there remain balances totaling $42, For details concerning all classes of awards, including clainis of U.S. Government, see 1962 annual report, pages 138 and Amounts shown are gross; deductions for administrative expenses are shown below (see footnote 3). 3 Deductions of y of 1 percent are made from each payraent to cover administrative expenses. These amounts are covered into the Treasury as misceuaneous receipts. NOTE. On Feb. 27,1953, the Gerraan Government agreed to pay $97,500,000 (U.S. douars) over a period of 25 years in fuu settlement of Germany's obligations on account of Class III awards and the award under Private Law 509. Through June 30, 1970, $65,500,000 has been received under the agreement and obligated for payment to awardholders. An additional $32,000,000 has been received from the Government of Germany and deposited into a special account on behalf of the Deutsche Bundesbank. Each year, beginning on April 1, 1971, through AprU 1, 1978, $4,000,000 wiu be transferred from the Deutsche Bundesbank accomit into the German deposit fmid for distribution to awardholders ' 19

292 to (X) TABLE 90. Status of claims of American nationals against certain foreign governments as of June SO, 1970 Bulgaria Hungary Rumania Poland War Claims Fund Yugoslavia (1964) Awards certified to the Treasury: Number of awards , ,363 i8, Amount of awards: Principal $4,684, $58,277, $60,011, $100, 737,68L 63 $340,509, $9,685, Interest... 1,887, ,186, ,717, ,051, ,866, Total 6,571,1 0,463, ,729, ,789, ,509, ,551, Deposits in claims funds. 2,817, Statutory deduction for administrative expenses 140, Amounts avauable for payment on awards 2,676, Payments on awards: Principal 2,674, Interest 2,355, ,225, , ,250, ,500, , ,061, , (3) 3 145, ,237, ,164, ,800, ,250, ,354, ,221, ,160, ,719, ,462, ,310, Balances in claims funds. 1,4 16, ,193.; 80, ,787, Pi o pi y^ o W O Pi > Pi y< o 1 Private Law PubUc Law , approved July 24, 1968, araended the International Clairas Settlement Act of 1949 to permit the 5 percent deduction to be raade frora the installment payments made under the clainis agreements, rather than from each payment to awardees. 3 Statutory deductions of 5 percent made by the Foreign Claims Settlement Commission prior to the funds being transferred to Treasury, M Pi > ZP d y<

293 STATISTICAL APPENDIX International Financial Transactions 285 TABLE 91. U.S. net monetary gold transactions with foreign countries and international institutions, fiscal years [In millions of douars at $35 per ounce. Negative figures represent net sales by the United States; positive figures, net purchases] Afghanistan Algeria Argentina Australia Austria. Bank for Internatioriai Settlements Belginm Bolivia Brazil Burma. Carabodia..... Cameroon Republic Canada..... Central African Republic Ceylon.. Chad Chile Colombia. Congo (Eansliasa) Costa Rica Cyprus Dahoraey Denraark Dorainican Republic Ecuador.. El Salvador Ethiopia.. I. Finland France Gabon Gerinany, Federal Blepublic of Ghana Greece. Guinea.. Haiti Honduras Iceland.... Indonesia International Bank International Monetary Fund i Iran Iraq Ireland Israel Italy. Ivory Coast Jaraaica Japan Jordan Korea Kuwait.. Laos -. Lebanon Liberia Malagasy. Malaysia. MaU Malta Mamitania Mexico Morocco._ Nepal Netherlands New Zealand _ Nicaragua. Niger, Nigeria Norway Pakistan... Panama Paraguay Peru.. Philippines Portugal Republic of Congo (Brazzaville) Footnotes at end of table '.'.""-blks L n L7" , ' ] -9"6" L5 ]]'"""-202.'7".. ^ L ^ L L7.- " ~3S.l' L L L3 -LO LO L LO ^ ""25.'6"" -L L L L L (*) -Ll Ll L " ' (*) io.'o'"' L :1. "-ii.'i" -.3 (*) L Ll ' 'i L (*) (*) (*) (*)... "-8.1"'

294 REPORT OF THE SECRETARY OF THE TREASURY TABLE 91. U.S. net monetary gold transactions with foreign countries and international institutions, fiscal years Continued Rwanda SaudiArabia Senegal 2.5 Singapore Soraalia South Africa 1,12L3 Southern Yemen. Spain : Sudan L3-1.6 Surinam Sweden Switzerland Syria Togo Trinidad and Tobago 4.8 Tunisia... -L Tmkey United Arab Republic United Kingdora , UpperVolta Uruguay (*) Vatican City Venezuela Vietnara -.3 -L3 Yemen Arab Republic 1.5 Yugoslavia L7 AUother Total -5, , *Less than $50, Includes U.S. gold subscription payraents of $687.5 raiuion in 1947, $343.8 raiuion in 1959, and $258.8 million in Prior to 1961 includes gold purchases by IMF on behalf of raeraber countries for their payments to IMF. Beginning 1965 figures include gold deposits by IMF, and withdrawals of deposits, under the mitigation program connected with payments of gold portion of quota increases of other countries.

295 STATISTICAL APPENDIX 287 TABLE 92. U.S. reserve assets, fiscal years 195f-1970 [In raiuions of douars] End of fiscal year or month Total reserve assets Gold stock 1 Total 2 Treasury Reserve Special Convertible- position in drawing foreign International rights 3 currencies 4 Monetar Fundi ,496 21, ,514 19, ,170 19, ,308 17, ,490 16, ,065 15, ,591 15, ,762 6i4^o ,958 13, ,274 13, ,063 10, ,057 11, ,328 11, July 15,936 11,144 August 16,195 11,154 Septeraber 16,743 11,164 October 7i6,316 11,190 November 16,000 11,171 Deceraber 16,964 11, January 17,396 11,882 February 17,670 11,906 March 17,350 11,903 AprU 16,919 11,902 May 16,165 11,900 June 16,328 11,889 21,356 2,084 19,705 1,768 19,322 1,807 17, ,519 16, ,409 15, ,109 15, , e 1,167 13, , ,367 2, ,367 3,355 1,549 11, ,132 2,350 10,367 3,166 1,626 10,367 3,399 1,642 10,367 3,797 1,782 10, ^341 1,785 10, ,865 1,964 10,367 2,781 2,324 11, ,294 2,321 11, ,338 2,507 11, ,950 2,577 11, ,581 2,510 11, ,360 11, ,132 2,350 1 Includes gold sold to the United States by the International Monetary Fund with the right of repurchase, and gold deposited by the International Monetary Fund to mitigate the impact on the U.S. gold stock of foreign pm'chases for the purpose of making gold subscriptions to the Fund under quota.increases. 2 Includes gold in Exchange Stabilization Fund, which is not included in Treasury gold figures shown in daily Treasury stateraent. 3 Includes initial auocation on January 1, 1970, of $867 raiuion of special drawing rights (SDR) in the Special Drawing Account in the International Monetary Fund, plus or minus transactions in SDR since that time. 4 Includes holdings of Treasury and Federal Reserve System. 5 The United States has the right to purchase foreign currencies equivalent to its reserve position in the Fund automatically if needed. Under appropriate conditions the United States could purchase additional amounts equal to the U.S. quota, which amounted to $5,160 million as of June 30, Reserve position includes, and gold stock excludes, $259 million gold subscription to the Fund in June 1965 for a U.S. quota increase which became effective on February 23, In figures published by the Fund frora June 1965 through January 1966, this gold subscription was included in the U.S. gold stock and excluded from the reserve position. 7 Includes gain of $67 miuion resulting from revaluation of the German raark in October 1969, of which $13 raillion represents gain on Gerraan raark holdings at tirae of revaluation.

296 to 00 oo Pi yt o End of flscal year or month , , , , , , , , , , , ' 39, ,347 TABLE 93. U.S. liquid liabilities to foreigners, fiscal years Liabilities to International xvionebary J? unu arising irom gold transactions Gold Total Gold invest- Total deposit 1 ment» [In miuions of douars] Oflacial Institutions» Total liquid habilities toau foreigners Shortterm habilities reported by banks in the United States Liabilities to foreign countries Marketable U.S. Government bonds and notes * Nonmarketable convertible U.S. Treasury bonds and notes Banks and other foreigners n.a. 7,931 n.a. n.a. 5,886 n.a. n.a. 589 n.a n.a. 8,967 n.a. n.a. 6,706 n.a. n.a. 542 n.a ,482 9, ,145 7, , ,875 10, ,999 7, , ,869 11, ,870 8, ,160 1,119 1, ,915 12,377 1, ,011 8, ,081 1,016 1, ,168 12,102 1, ,655 9, , , ,456 12,201 1,126 1,129 11,200 10, , ,425 12,661 1, , , ,093 12, , , , ,713 18, , ' 10,237 ' 9, ' 27,062 ' 26, ' 716 ' , ,289 14, ,374 25, Total Shortterm liabilities reported by banks In the United States Marketable U.S. Government bonds and notes 4 Liabihties to nonmonetary international and regional organizations «Total Shortterm liabilities reported by banks in the United States Marketable U.S. Govemment bonds and notes 4 o K3 M o pi 1^ > pi y< o >^ H3 y ^ Pi > Pi y<

297 1969 July 40,141 August... 41,616 September 42,655 October 8 43,092 Noveniber 42,892 Deceraber e { f^'j^jl 1970 January.. 42', 826 February 42,972 March 42,943 April 4.3,335 May... June 43,198 43,347 1,028 1,028 1,019 L019 L019 1,019 1,019 1,019 LOIO 1,010 1,010 1,010 1, ,039 12, , ,014 11, , , , , ,409 14, , 289 8,780 9,839 11,281 11,611 11,128 11, ,054 11,868 13,213 13,954 13,600 13, , i ,402 28, ,430 28, ,103 28,106 28,205 28, ,128 26, ,154 26, , ,921 28, , ,166 28, , ,866 26, ,893 26, ,200 25, ^ Revised. 1 Represents liabiuty on gold deposited by the International Monetary Fund (IMF) to mitigate the impact on the U.S. gold stock of foreign purchases for the purpose of raaking gold subscriptions to the IMF under quota increases. 2 U.S. Governraent obhgations at cost value and funds awaiting investment obtained from proceeds of sales of gold by the International Monetary Fund to the United States to acquire income-earning assets. Upon termination of investment, the same quantity of gold can be reacquired by the IMF. 3 Includes Bank for International Settlements and European Fund. 4 Derived by applying reported transactions to benchmark data; breakdown of transactions by type of holder estimated Includes securities issued by corporations and other agencies of the U.S. Government, which are guaranteed by the United States. 5 PrincipaUy the International Bank for Reconstruction and Development and the Inter-American Developraent Bank. 6 Includes difference between cost value and face value of securities in IMF gold investraent account. Liabilities data reported to the Treasury include the face value of these securities, but in this table the cost value of the securities is included under "Gold investment." The difference, which amounted to $44 muuon as of the end of June 1970, is included in this column. 11ncludes total foreign holdings of U.S. Govemment bonds and notes, for which breakdown by type of holder is not available. 8 Includes $17 miuion increase in douar value of foreign currency liabihties resulting from revaluation of the German mark in October Data on the two lines shown for this date differ because of changes in reporting coverage. Figures on the first line are comparable in coverage to those shown for the preceding date; figures on the second line are comparable to those shown for the fouowing date. n.a. Not avauable. NOTE. Table is based on Treasury Department data and on data reported to the Treasury Department by banks and brokers in the United States. Table excludes IMF "holdings of douars," and holdings of U.S. Treasury letters of credit and nonnegotiable, noninterest-bearing special U.S. notes held by other international and regional organizations. The liabiuties figures are used by the Department of Coinmerce in the statistics measuring the balance of international payments of the United States on the liquidity basis; however, the balance-of-payments statistics include certain adjustments to Treasury data prior to 1963 and some rounding differences, and may differ because of varying timing in incorporating revisions of Treasury data. The table does not include certain nonhquid liabiuties to foreign oflacial institutions which enter into the calculation of the oflacial reserve transactions balance by the Department of Coraraerce. ZP y^ ZP y^»-h o > yn o >^ to (X) CD

298 CO O TABLE 94. International investment position of the United States by area, at yearend ^ [In raulions of douars] Pi yn o Pi o Line Latin Other Total 1 Western Europe Canada Japan Araerican foreign Type of investraent Republics countries Net international investraent position of the P ^ ^ " " " UnitedStates 65,524 67,046-8,521-14,090 20,800 22,550 1,453 1,591 16,100 16, ,232 U.S. assets abroad , ,836 39,721 41,373 31,810 34,323 5,732 6,469 24,923 26,261 27,034 29,542 Nonliquid 131, ,872 36,198 38,593 31,806 34,323 5,731 6,468 24,923 26,261 27,034 29,542 Private 102, ,152 28,177 30,310 31,795 34,308 5,005 5,737 19,653 20,439 13,777 14,972 Long-terra 89,529 96,029 24,738 26,721 30, ,682 2,110 16,103 16,946 12,314 13,266 Dhect investraents 2 64,983 70,763 19,407 21,554 19,535 21,075 1,050 1,218 13,101 13,811 9,160 10,043 Foreign dollar bonds 10,565 10, ,995 6, ,507 1,609 Other foreign bonds 1,139 1, (*) (*) Foreign corporate stocks 6,452 6,953 2,899 2,816 3,201 3, Claims reported by U.S. banks 3,367 3, ,377 1,330 1, Other4 3,023 3,564 1,149 1, Short-term 12,990 14,123 3,439 3,589 1,214 1,708 3,323 3,627 3,550 3,493 1,463 1,706 Claims reported by U.S. banks 8,711 9,606 1,181 1, ,114 3,372 2,889 2, ,185 Other4._. 4,279 4,517 2,258 2, ' U.S. Governraent 28,543 30,720 8,021 8, ,270 5,822 13,257 14,570 International organizations and unauocated i " ZP O S3 14,812 16,898 ^ 17,552 == 1^ 19,867 > = = = = = W 5,370 5,684 K{ 4,113 4,384 O = "^ 4,112 4, 384! y^ 3 2, , 060 W 1,381 1,324 H : " : : : : : : : : : : : : : : y^.. -. pi -111 > --- ( ) 3 1, 257 1, 300

299 16 Long-term credits 5. 25,940 28,210 7,805 8, ,237 5,792 10,965 12,382 1,252 1, Repayable in douars 19,967 21,971 6,730 6, ,644 5,120 6,760 7,966 1,252 1, Others.. 6,973 6,239 1,075 1, ,205 4, Foreign currencies and other claims 2,603 2,510' ,292 2, Liquid: U.S. m.one.ta.ry reserve assets. 15,710 16,964 3,523 2,780 4 (*) ,182 14, Gold 10,892 11, ,892 11, Convertible currencies. 3,528 2,781 3,523 2,780 4 (*) IMF gold tranche position 1,290 2,324 1,290 2, U.S. liabilities to foreigners 81,248 90,790 48,242 55,463 11,010 11,773 4,279 4,878 8,823 9,398 6,153 6,310 2,740 2, Nonliquid 47,634 48,872 30,934 32,707 7,829 7, ,029 4,050 3,642 2,757 2,548 1,113 1,458 ZP 26 Private 42,890 43,945 28,056 29,500 6,468 6, ,015 3,595 2,299 2,069 1,113 1,458 H 27 Long-term.. 40,353 40,986 26,301 27,452 6,187 6, ,803 3,341 2,101 1,833 1,113 1,458 fn C/2 28 Direct investments 10,815 11,818 7,750 8,510 2,659 2, H 29 Corporate and other bonds 4,214 4,800 3,366 3, (*) (*) P^ 30 Corporate stocks 19,551 18,140 13, ,285 2, ,364 2, s^ 31 Liabilities reported by U.S. banks. 3,166 2, i ^54 1 (*) , ^ 32 To private foreigners (**) (**) (**) (**) (**) (**) > 33 To foreign oflacial agencies 2,341 1, (**) (**) (**) (**) (**) (**) hd 34 Other4._. 2,607 3,738 1,982 3, (*) g 35 Short-term 4 1 2,537 2,959 1,755 2, (*) (*) O 36 U.S. Government. 4,744 4,927 2,878 3,207 1,361 1, Certahi liabilities to foreign oflacial agencies 7.. 2,723 2,645 1,029 1,251 1,334 1, Other. 2,021 2,282 1,849 1, Footnotes at end of table. to CD

300 Lme Liquid TABLE 94. International investment position of the United States by area, at yearend ^ Continued Type of investment To private foreigners 8 :: : To banks" To others 8. To foreign oflacial agencies Reported by U.S. banks U.S. Treasury obligations..... Addenda: Total liquid liabihties.. Private, reported by U.S. banks U.S. Treasury Marketable or convertible bonds and notes.. U.S. Treasury obligations Gold deposits of IMF bills, certificates, and other ,614 20,103 Total 1 14,472 5,631 13,511 5,599 7,912 33, ,457 1, 667 7, " 41,918 28, ,665 5,242 13,011 7,227 5, ,918 34, 964 1,517 5, Western Europe , ,307 8,872 1,435 7,001 2,730 4,271 17, , 581 1,183 3, 544 " Preliminary. Less than $500,000(±). **Not shown separately. 1 Includes U.S. gold stock. 2 Excludes data for Cuba after For the most part represents the estimated investment in shipping corapanies registered primarily in Panama and Liberia. 4 These items mostly reflect transactions by U.S. nonbank residents as reported in lines 39, 40, 56 and 56 in balance-of-payments table 1, "Survey of Current Business," September 1970, page 36. However, the long term position data given here include estimates for real estate, insurance, estates, and trusts, and prior to 1961, the short term position data include an omissions estimate. 5 Also includes paid-in capital subscription to international financial institutions (other than IMF) and outstanding aniounts of misceuaneous claims which have been settled through international agreeraents to be pay'able to the U.S. Governraent over periods in excess of 1 year. Excludes World War I debts that are not currently being serviced. 6 Includes indebtedness which the borrower may contractuauy, or at its option, repay 1969" 22, ,897 15, 383 1,514 5,859 3,350 2,509 22,756 19, 686 1,086 1,984 Canada ,181 2,649 (**) (**) 532 (**) (**) 3,181 2, " 4,284 3,789 (**) (**) 495 ('")' 4,284 3, Japan 3, 329 (**) (**) (**) (**) (**) (**) 3,329 2, , " 3,849 (**) (**) (**) (**) ('."1 3,849 2, ,234 Latin American Republics " 4, 773 3, ,619 1, 368 1, ,773 4, ,756 4,062 1, 902 2,160 1,694 1, ,756 5, Other foreign countries ,396 (**) (**) (**) (**) R 3,396 2, " 3, 762 (**) (**) - (**) (**) (**) (**) 3, International organizations and unauocated i , , , , " 1, (*) , , with its currency, with a third country's currency, or by delivery of niaterials or transfer of services. 7 Represents U.S. Government liabiuties that are held in reserve assets of official monetary institutions. Also includes U.S. Govemment notes held by the Canadian Govermnent in connection with the 1964 Colombia River power rights arrangements. 8 Includes habihties to international and regional organizations (other than the IMF). 9 As reported by U.S. banks; ultiraate ownership is not identified. NOTE. Differences between amounts outstanding and flows reported in balance-ofpayments tables may not coincide due to changes in coverage, price changes, changes in valuation and other adjustraents. NOTE. Separate data for Japan are presented for the first time; the estimates are based on developments since SOURCE. Department of Commerce, "Survey of Current Business," October CD bo CO o pi o pi y^ o g H t=i R Pi > ^ y< O y^ y^ Pi > ZP d Pi y<

301 STATISTICAL APPENDIX 293 TABLE 95. Assets and liabilities of the Exchange Stabilization Fund as of June 30, 1969, and June SO, 1970 Fiscalyear Assets and UabUities June 30,1969 June 30, , increase or decrease ( ) ASSETS Treasmer of the United States $33,750, $321,396, $287,646, Federal Reserve Bank of New York, special account.' ,860, ,860, Imprest fund , , Total cash 33,750,58L95 620,258, ,507, Special Drawing Rights 957,188, ,188, Special Account of the Secretary of the Treasury in the Federal Reserve Bank of New Yorkgold (schedule 1) 786,357, ,042, ,316, Foreign exchange due from foreign banks: Oesterreichische Nationalbank 3, ,95L36 Banque Nationale de Belgique 57, , , Bank of Canada. 20, , Deutsche Bundesbank 1.865, ,751, , Bank of England ,028,987, ,740, ,246, Banque de France 200,000, ,000, Banca d'ltalia 131,988,90L 13 9,777, ,211, De Nederlandsche Bank. 43, , Sveriges Riksbank 4, , Banque Nationale Suisse. 100, , , Bank for International Settlements 108,727, ,870, ,143, Investments in U.S. Governraent securities (schedule 2) 22,800, ,400, ,400, Investments in foreign securities (schedule 2) 49, 529, ,771, ,757, Accounts receivable. 167, , , Accrued interest receivable U.S. Government securities 225, , , Accrued interest receivable SD R holdings 2,329, ,329, Accrued interest receivable foreign 7,607, , 548, ,059, Prepaid expense Undistributed charges 162, , Deferred charges 650, , Furniture and equi]3raent, less allowance for depreciation : 169, , , Land and structures.. 150, , Totalassets... 2,372,721, ,560,833, ,112, LIABIMTIES AND CAPITAL Accounts payable 1,335, ,031, ,696, Contractual Obligations 650, Special accounts. 673,774, ,000, ,774, Undistributed credits. 65, , Advance from U.S. Treasury (U.S. drawings on IMF). 1,125,000, ,000, ,000, Special Drawing Rights Certificates 400,000, ,000, Deferred LiabiUty "DM Revaluation 32,789, ,789, Special Drawing Rights Allocations 866,880, ,880, Capital account...: 200,000, ,000, Cumulative net income (schedule 3) 372, 545, ,482, ,936, Total liabiuties and capital 2,372,721, , 560,833, ,112,

302 REPORT OF THE SECRETARY OF THE TREASURY Table 96. Assets and liabilities of the Exchange Stabilization Fund as of June SO, 1969, and June SO, 1970 Continued SCHEDULE L SPECIAL ACCOUNT OF THE SECRETARY OF THE TREASURY IN THE FEDERAL RESERVE BANK OF NEW YORK GOLD Gold accounts June 30,1969 June 30,1970 Ounces Dollars Ounces Dollars Federal Reserve Bank of New York 9,836, ,274, ,628, ,995, Federal Reserve Bank of New York, Account No. 4 (BaiUc of England) , ,026, U.S. Assay Oflace, New York 5,715, ,047, , ,047, Banque de France, Paris, Account No.l.. 6,428, ,009, Totalgold 22,467, ,357, ,915, 51L ,042, SCHEDULE 2. INVESTMENTS HELD BY THE EXCHANGE STABILIZATION JUNE 30,1970 FUND Secmities Face value Cost (in Accrued douars) interest Investments in public debt secmities: Public issues: Treasury bonds: 23^% of y% of (dated Nov. 15, 1945) $2,400, ,000, $2,398, ,000, $17, , Total public issues... 12,400, ,398, , Foreign securities: RepubUc of Germany, Treasm-y bius DM122,800,000,00 32,771, SCHEDULE 3. INCOME AND EXPENSE Classification Jan. 31,1934 through- June 30, 1969 June 30, 1970 Income: Proflts on transactions in: Gold and exchange (including profits from handling charges on gold) $164,617, i $141,841, Sale of silver to U.S. Treasury 3,473, ,473, Silver. 102, , Investments 1,408, ,369, Miscellaneous 159, , Interest on: Investraents 181,441, ,908, Special Drawing Rights.: 127, Foreign balances.. 86,920, ,499, Total incorae ,124, ,498, Expense: Personnel compensation and benefits. 46,698,708,96 51, Travel 2,834, ,118, Transportation of things 3,903, ,953, Rent, communications, and utilities 1,399, ,550, Supplies and materials. 401, , Other - 10,340, ,333, Total expense ,579, ,015, Cumulative net income 372,545, ,482, Exchange profits include $67 miuion increase in value of DM holdings due to revaluation, less $91 raillion increase in liabuities due to DM revaluation. On June 30,1970, $32.8 raillion of increased liabilities remained and is shown on balance sheet as a deferred liability.

303 STATISTICAL APPENDIX 295 TABLE 96. Summary of receipts, withdrawals, and balances of foreign currencies acquired by the U.S. Government without payment of dollars, fiscal year 1970 [In U.S. douar equivalents] Balance held by Treasmy Department, July 1,1969 _ $1, 588,041, Receipts: Sale of agricultural coramodities pursuant to: Title I, Pubhc Law 480, Agricultural Trade Development and Assistance Act of 1954, as amended (7 U.S.C ).. $352,154, Commodity Credit Corporation Charter Act (15 U.S.C. 713a).. 334, Loans and other assistance: Title I, Public Law 480, loan repayments, including interest: Sec. 104(e) loans to private enterprises 35, 771, Sec. 104(f) loans to foreign governments 115,940, Sec. 612, Foreign Assistance Act of 1961 (22 U.S.C. 2362) loan repayments including interest 153,703, Lend-lease and surplus property agreements (22 U.S.C. 412b) and (50App. U.S.C. 1641(b)(1), 1946ed.)i. 854, Bilateral agreements 5 percent and 10 percent comiterpart funds (22 U.S.C (b)) 1,738, Interest on depositary balances 24,747, AU other sources 235^443,474^28 Total collections.. 770,694, Total available Withdrawals: 2,358,735, Sold for dollars, proceeds credited to: 3 MisceUaneous receipts of the general fund 96, 602, Coramodity Credit Corporation, Agricultm-e Other fund accounts 228,999, ,247, 56L 72 Total sold for dollars 379,849, Requisitioned for use -without reimbursement to the Treasm-y pursuant to: Sec. 104, PubUc Law 480, as araended (7 U.S.C. 1704) 299, 276, Other authority 2,219, Total requisitioned without reiraburseraent 301,495, Total withdrawals ,345, Adjustment for rate differences 7,726, Balances held by Treasmy Departraent, June 30,1970 1,669,663, Analysis of balances held by Treasury Departraent June 30, 1970: Proceeds for credit to miscellaneous receipts of the general fund 722,131, Proceeds for credit to agency accounts: Comraodity Credit Corporation, Agricultm-e 553,134, Informational media guaranties fund, USIA 9, Other -48,144, For program auocations: Sec. 104, titlel, Public Law 480, as amended 442,532, Total 4 1,669,663, Balances held by other executive agencies June 30, 1970, for pm-pose of: Economic and technical assistance under Mutual Secmity Act Prograra uses under Agricultm-e Trade Developraent Assistance Act 7,296, ,947, Mihtary family housing in foreign countries Trust agreeraents with foreign comitries 262, ,818, Other :... 14,941, Total 519,267, Grand total 2,188,931, Collections under lend-lease and surplus property agreeraents will continue to be made until such agreements are satisfied, although the act originally authorizing such action has been repealed. 2 Includes Special Letters of Credit activity araounting to $38,900, DoUars acquired frora the sale of foreign cmrencies are derived frora charges against the dollar appropriations of the Federal agencies which use the currencies. These douar proceeds are credited to either raiscellaneous receipts or other appropriate accomits on the books of the Treasmy. 4 Represents the dollar value of cm-rencies held in the accounts of the Treasmy Departraent only. Currencies transferred to agency accomits pursuant to requisitions subraitted to the Treasury Departraent or as otherwise authorized, are accounted for by the U.S. Government agencies. Balances held by executive departments and agencies as of Jmie 30,1970 are stated at the end of summary. NOTE. For the purpose of providing a common denominator, the cmrencies of 101 foreign couiitries are herein stated in U.S. dollar equivalents. It should not be assumed that dollars in amounts equal to the balances shown are actually available. The dollar equivalents are calculated at varying rates of exchange. Foreign cm-rencies deposited under certain provisions of Public Law 480 and the Mutual Secmity Act were converted at deposit rates provided for in the international agreements with the respective countries. The greater portion of these currencies is available to agencies without reimbursement pmsuant to legislative authority and, when disbursed to the foreign governments, will generally be accepted by them at the deposit or collection rates. Cmrencies avauable for sale for dollars and certain other U.S. uses were converted at the end of the month for transactions during the month, these market rates being those used to pay U.S. obligations. The closing balances were converted at the June 30,1970 market rates. For Sumraary data on collections and withdrawals by country and prograra, see part V of the "Combined Statement of Receipts, Expenditures and Balances of the United States Governnient for the Fiscal Year ended June 30,1970."

304 REPORT OF THE SECRETARY OF THE TREASURY TABLE 97. Balances offoreign currencies acquired by the U.S. Government without payment of dollars, June 30, 1970 Country Currency In Treasury accounts Foreign currency DoUar equivalent In agency accounts Foreign currency DoUar equivalent Afghanistan Argentina. Austraha Austria Bahamas.. Barbados Belgium Bermuda BoUvia BrazU. British Honduras. Burma Cambodia Cameroon Canada Ceylon Chad Chile.. China Colombia Congo, Republic ofthe. Costa Rica Cyprus Czechoslovakia... Dahomey Denmark Dominican Repubhc. Ecuador... ElSalvador Ethiopia Finland France Gambia Germany, West... Germany, East... Ghana Greece Guatemala Guinea Guyana Haiti.. Honduras Hong Kong Hungary Iceland... India Indonesia Iran Ireland.Israel Afghani Peso Dollar SchiUing Dollar Dollar.. Franc Pound Peso Cruzeiro Dollar Kyat.. Riel CFA Franc. Dollar Rupee CFA Franc. Escudo N.T. Dollar. Peso... Zaire Colon Pound Koruna CFA Franc. Krone Peso Sucre Colon -DoUar Markka Franc Pound W.D.Mark.. E.D.Mark.. Cedi Drachma Quetzal Franc Dollar Gourde Lempira DoUar. Forint Krona Rupee Rupiah Rial Pound Pound Footnotes at end of table. 75, 585, , , , , ,470, , , 742, ,789, , 385, ,409, , , 292, ,377, , 747, , 000, , , , ,161, , , no, , , 359, , ,314, , , , 952, , 442, , , 443, 208, -1, 400, , no , , ,215, , 840, 685, , no, , 943, , ,156, , , , , , , , , 251, ,161, , 581, , , , 579, , , , , , , , , , , , , , , , , , 914, , 048, , , 854, , , , , , , 511, , , , , 758, , 585, , , , , ,435, , ,496, , 564, , 209, , 366, , 597, , , 996, , , 377, , 664, ,105, , , , ,558, , , , , , , ,992,97 1, , , 353, , , ,436, 260, , , , , , , 579, 646, , 562, , 765, ,019, , , , , , , , ,082, ,201, , 705, , , , ,180, , ,991, , , , , , , , , , , , , , ,209, , , ,996, , , , , ,848, ,169.4r 678, , ,434,

305 STATISTICAL APPENDIX 297 TABLE 97. Balances of foreign currencies acquired by the U.S. Government without payment of dollars, June 30, 1970 Continued Country Currency In Treasury accounts Foreign currency DoUar equivalent In agency accounts Foreign currency DoUar equivalent Italy Lira Ivory Coast CFA Franc... Jaraaica Pound Japan Yen.. Jordan Dinar Kenya ShiUing Korea Won Laos Kip Lebanon Pound Libya Pound Malawi! Pound Malaysia.. Dollar Mali Franc Mexico.. Peso. Morocco Dirhara Nepal Indian Rupee.. Nepal Rupee Netherlands Guilder New Zealand Dollar Nicaragua Cordoba Nigeria Pound Norway Krone.. Pakistan Rupee Paraguay Guarani Peru. Sol Philippines Peso Poland Zloty Portugal Escudo Senegal. CFA Franc... Sierra Leone Leone Somali ShiUing South Africa PLand Spain Peseta Sudan Pound Surinam Fl orin Sweden HCrona Switzerland Franc Syrian Arab P ound Republic. Thailand Baht Trinidad T & T Dollar, Tunisia Dinar Turkey Lira. Uganda ShiUing United Arab Pound Republic. United Kingdom. Pound UpperVolta CFA Franc... Uruguay Peso Venezuela.-.. Bolivar Vietnam Piastre Yugoslavia Dinar. Zambia... Kwacha -30, 917, , 009, , , 079, 583, , , ,104,045, , , , , ,206, , 497, , , 621, , , 558, , , , 956, , 905,021, , ,438, , , 469, , , , 400, , 313, , , 427, , 017, , , 901, , , ,489, , , 438, 661, ,211, , , , , , 665, , 012, , ,835, , , , ,009, , , , , ,497, , , , , 709, , , , , , , ,250, , 517, , ,147, , 557, , ,806, , 270,952, , 036, , 993, , , ,154, 241, , 025,346, , , , 788, , , 921, , 722, , , , , , , , 659, , 351, , 536, ,081, , 452, , ,854, , , , 917, ,184, , , , 34, 289, , 567, , 566, , , 992, , , , , 574, , , 649, , , ,192, , 334, 948, 38L 96 62, 000, , 397, ,88L76 84, , 200, , ,012, , , 998, , 272, , , , , ,139, , 621, , , , , , 989, ,058, , , ,102, , , 658, , , , ,294, , , , 560, , 646, , 794, , 396, , , 582, , , , , , 736, , 391, , Total. 11,669,663, ,267, For the purpose of providing a common denominator, the currencies of 101 foreign countries are herein stated in U.S. dollar equivalents. It should not be assumed that douars in amounts equal to the balances shown are actually available.

306 CD GO Indebtedness of Foreign Governments T.ABLE 98. Indebtedness of foreign governments to the United States arising from World War I as of June SO, 1970 Original indebtedness Interest through June 30, 1970 Cumulative payraents Principal Interest Total outstanding Unraatured principal Principal and interest due and unpaid Pi yn o Pi H Arraenia $11, 959, Austria 1 26, 843, Belgiura 419, 837, Cuba 10, 000, Czechoslovakia 185, 071, Estonia 16, 466, Finland 8, 999, France 4,089, 689, Great Britain 4,802, 181, Greece 3 34, 319, Hungary 4 i, 982, Italy 2,042, 364, Latvia 6, 888, Lib eria 26, Lithuania 6, 432, Nicaragua ^ 141, Poland 207, 344, Rumania 68, 359, Russia 192, 601, Yugoslavia 63, 577, Total 12,195,087, $30, 381, , ,832, , 286, ,822, , 587, , 939, , 641,838, ,435, ,015, , 974, ,675, , 968, , , 258, , , 940, , , 979; , 295, $42,, 340, ,, 887, , 670, , 286, ,, 893, , 053, , 939, , 731, 527, , 238, 013, , 335, ,, 957, ,427,, 039, ,,856, , ,. 691, , ,, 284, , 066, ,, 581, ,, 873, , 920,417, ,115, 504, $ , ,157, ,000, ,829, '"2'4,''889,'999."97' 226,039, ,181, ,185, , ,464, , , , , , 287, ,498, ""i,'952,"7i2."55" $42,340, $42,340, ,024, ,024, ^ $33,033,, ( 711,479, $173,580, ,899, ^ i,75l58 M ' 304',, ,759, ,415, ,344,48L 44 H 1,248,' ;, ,804, ,865, ,939, ^ 211, 939,! 1, ,110, ,110, ^^ 260,036,; i, ,245,451, ,577,333, ,668,118, ^ 1, ,!, ( 10,213,159, ,132,000, ,081,159, r< 3,928,, ,221, ,954, ,267, ^ 482,!!, ,400,19L95 965, ,434, t=j 63, 365, 1, J 2,326,209, ,039,400, ,286,809, ^ 752,; :, ,095, ,324, ,771, > 10,' 0, Pi 1,003,: ~, ,453, ,076, ,376, KJ 26, 1, ( 21,359, 1, < 485,638, ,850, ,788, O 7 292,; 1, ,275, ,417, ,858, ^ 8 8, 750,; 1, ,830, ,830, , 1, < 93,284, ,503, ,781, ^ 761,835, ,000,129, ,353,540,05L 40 5,197,794, ,155,745, i^ 1 The Federal Republic of Germany has recognized liability for securities falling due between Mar. 12, 1938, and May 8, $8,126, has been made available for educational exchange programs with Finland pursuant to 22 U.S.C. 2455(e). 3 Includes $13,155, refunded by the agreeraent of May 28, The agreement was ratified by Congress Nov. 5, Interest payments from Dec. 15,1932, to June 15,1937, were paid in pengo equivalent. 5 The indebtedness of Nicaragua was canceled pursuant to the agreement of Apr. 14, Excludes claim allowance of $1,813, dated Dec. 15, Excludes payment of $100, on June 14,1940, as a token of good faith. 8 Principally proceeds from liquidation of Russian assets in the United States. Pi > ZP Pi

307 TABLE 99. Status of German World War I indebtedness as of June 30, 1970 Agreements as of June 23,1930, and May 26,1932: Mixed claims (reichsmarks)... i 1,632,000, Ai-my costs (reichsmarks) 1,048,100, Funded Interest through Total indebtedness June 30, ,420, ,868, ,367,420, ,731, 968, Cumulative payments Principal Interest Total 81,600, , 600, , 610, , Unmatured outstanding principal Principal and interest due and unpaid 2,280, 210, ,800, ,831,410, ,680,511, ,680,511, Total (reichsmarks) 2,680,100, ,419, 288,30L 50 4,099,388,30L ,200, ,466, ,960,721, ,800, ,511,921, U.S. douar equivalent 3 $1,059,107, $571,839, $1,630,946, $31, 539, $2, 048, $1,597,359, $181,001, $1,416,358, Agreeraent of February 27,1953, mixed claims (U.S. douars)... 97,500, ,500, ,500, ,000, ,000, ZP i M ZP y^ > 1 Agreement of Feb. 27, 1953, provided for cancellation of 24 bonds totaling 489,600,000 reichsmarks and issuance of 26 douars bonds totaung $97,500, The dollar bonds mature serially over 25 years beginning Apr. l, All uninatured bonds are of $4,000, denomination. 2 Includes 4,027, reichsmarks (1,629, on moratorium agreement (Ai-my costs) and 2,498, interest on funded agreeraent) deposited by Gei-man Government in the Konversionskasse fur Deutsche Auslandsschulden and not paid to the United States in dollars as required by the debt and moratorium agreement. 3 The unpaid portion of this indebtedness is converted at cents to the reichsmarks, which was the exchange rate at the time of default. The 1930 agreement provided for a conversion forraula for payments relating to the time of payment. These figures are estimates made solely for this statistical report. 4 Payraents converted to U.S. douars at rate applicable at the tirae of payraent, i.e., or cents to the reichsraark. to CD CD'

308 TABLE 100. Outstanding indebtedness offoreign countries on U.S. Government credits (exclusive of indebtedness arising from World War I) as of June 30, 1970, by area, country, and major program ^ [In miuions of douars] CO O o Area and country Western Europe: Austria..... Belgium Cypms. Denmark Finland.. France Gerraany, Federal Republic of... Greece.. Iceland. L Ireland..... i Italy Luxerabourg.. Norway Portugal Spain Sweden United Kingdom Yugoslavia European Atomic Energy Community European Steel and Coal Community North Atlantic Treaty Organization (Maintenance Supply Services Agency) Western Europe Regional Total Western Europe Other Europe: Czechoslovakia. Hungary Poland.. Rumania Soviet Union... Under Export- Import Bank Act 1L '35.'6' 1L , Under foreign assistance (and related) acts 34.3' 27.'i' L L Under Agricultural Trade Development and Assistance Act Loans of foreign currencies To foreign governments is.'i' L To private enterprises (*) 5.5 Long-term douar credits Lend-lease, surplus property, and other war accounts L8 L n Commodity Credit Corporation export credits L Other credits 2, , Total L4 L , L L , CO 0 Pi 0 Pi H 0 *^ ^g W ZP 1 yji Hi n "^ H H w t?j > ZP U pi y< Total other Europe

309 Asia: Afghanistan Burma --.- : Ceylon L China (Taiwan) ' India , , L ,240.3 Indonesia Iran Iraq...: : Israel L Japan L9 Jordan Korea L Kuwait 35.0.:..: 35.0 Lebanon Malaysia " 47.9 Nepal Pakistan , ,911.3 ZP Philippines (*) g Ryukyu Islands " 17.0 g SaudiArabia (*) Syria : ZP Thailand ^ Turkey ,103.5 o Vietnam...._ : 27.1.: >! TotalAsia 1, , , ,06L ,189.1 Western Hemisphere: ^ Antigua. L2 L2 g Argentina : :...: J g Bahamas $ Bolivia (*) O BrazU 50L L ,580.4 ^ Canada R ChUe Colombia Costa Rica Cuba Dorainican Republic Ecuador ElSalvador L Guatemala Guyana HaitL. ' : Honduras Jamaica Mexico Nicaragua CO Footnotes at end of table. O

310 CO o TABLE 100. Outstanding indebtedness of foreign countries on U.S. Government credits (exclusive of indebtedness arising from World War I) as of June 30, 1970, by area, country, amd major program ^ Continued Area and country Under Export- Import Bank Act Under foreign assistance (and related) acts [In mulions of douars] Under Agricultural Trade Development and Assistance Act Loans of foreign currencies To foreign governments To private enterprises Long-term douar credits Lend-lease, surplus property, and other war accounts 2 Coramodity Credit Corporation export credits 3 Other credits Total Pi hd O Pi o Western Heniisphere Continued Panaraa Paraguay... Pern Surinam Trinidad and Tobago. Uruguay Venezuela Western Heraisphere Regional Western Heraisphere Unspecified... Total Western Heraisphere L , LO , LO Ll.(*) , ZP o pi > O Africa: Algeria Angola Cameroon Congo (Brazzaville) Congo (Kjnshasa).. Dahomey Ethiopia. Ghana Guinea.. Ivory Coast Kenya Liberia Malagasy Repubhc _ '4' L > ZP d Pi y<

311 ^ Malawi Mah Morocco Mozambique Niger Nigeria Senegal Sierre Leone Somalia..._..., South Africa Sudan Tanzania Tunisia Uganda United Arab Republic. Zambia.. Africa Regional Total Africa.. Oceania: Australia New Guinea Papua.. New Zealand Total.Oceania.. United Nations Worldwide Unspecified 4 Total all areas 'ib'2~ L L "'55.'7" "336.'i"! L 'll'b' (*) -(*) "ss.t 5, , , , , LO ' , , ZP > h-i- ZP y ^ o > > yn yn!^ 1 Includes estimates for the U.S. dollar equivalent of receivables denorainated in other than douars and/or payable at the option of the debtor in foreign currencies, goods or services. The total amount of such estimates approximates $6,246.3 miuion. 2 Data under lend-lease, surplus property and other-^war accounts include $3.6 miuion for surplus property credits which are not reported in the "Status of accounts under lend-lease and surplus property agreements" in table 101. Data exclude indebtedness shown in table 101 consisting of $21.7 miuion in net uncouected short-term "cash" receivables, $50.6 million deferred interest, and $46.4 miuion capitalized interest, but includes $230.5 miuion indebtedness arising from war account settlements not reflected in table Includes credits of over 1 year raaturity under GSM-3 and GSM-4 regulations. Total GSM-3 credits outstanding were $77.9 raillion and".gsm-4 credits outstanding" were $187.1 raillion. 4 Includes credits held by the Export-Import Bank with the guarantee of the Department of Defense amounting to $401.1 million, of which $384.1 mulion, were extended under the foreign assistance (and related) acts. In addition $150.2 mulion of military credits extended under the foreign assistance (and related) acts are outstanding in unspecified countries. * Less than $50,000. CO O CO

312 CO o o TABLE 101. Status of accounts under lend-lease and surplus property agreements (World War II) as of June SO, 1970 Country, etc. Settleraent obligation and interest billed (net) Australia $44,061, Austria 10,591, Belgium 116,627, Burma 6,708, Canada 388,765, China 184,906, Czechoslovakia 10,605, Denmark 5,240, Ethiopia ' 4,558, Fmland. 25,102, France 1,267,692, Germany, Federal Republic of ,354, Greece 72,203, Greenland 8,35L28 Hungary 21,609, Iceland -.. 4,855,98L42 India.. 4 igg, 174,37L 24 Indonesia. 84,074, Iran 45,444, Iraq Italy - 268,034,03L 77 Japan 13,728, Korea 35,412, Liberia ,440, U.S. douars Collections $34, 635, ,054, ,103, 955.'55 1, 005, , 765, ,062, , , 266, ,899, , 809,919.,32 866, 303, , 790,821., 21 41, 703, ,35L28. ""'4,"496,"553."29" 184,777, ,024, ,027, ,301, , 717, Credits Foreign currency (in U.S. dollar. equivalent) $8, 662, ,980, ,196, ;. 5,560, , 591, ,062, , , ,271, ,445, ,766, ,344, ,689, , ,6,943, ,3,765, ,829, ,269, ,971, , 524, Other credits $863, , ,340, , , 521, ,990, , , , ,402, ,156, j 1,818, Total outstanding Status of amounts outstanding Amounts past duel Due over a period of years by agreement $2,986, $2,986, , 315, ^g^^ g^^^ ggg ^^ -3, 584,435, 73 j 6, 954, " 5,591, ,323,75L , 540, ,808,30L61 2-1, '2,''ioi,'507.'3i".1,429, , ,165, ,165, , ,380, ,34,587, ,687, , 541, , ,977, , 921, , 911, ,-722, , '7,'96i,'007.'36' 78,000, , 584, ,363, , 323, ,540, , 808, , '672,'482."38 36, 380, , 871, ,950, , P6 fej hd O Pi y^ o ZP O > O H3 Pi fel > ZP d Pi y<

313 Lebanon ,656, Luxembourg -...^ ; 00 Middle East.. 60,377, Netherlands 176,795, New Zealand :. 4,935, Norway....I..'... 21,277,848.08" Pakistan : ,308, Philippines.-:!-..: :. :... 5,000, Poland. 60,914,328.37, SaudiArabia 21,427, Southern Rhodesia.." ,415, Sweden 2,115, ThaUand. 7,064, Turkey., :.14,474, Unionof South Africa ,774, United Kingdom 1,145,332, U.S.S.R...: ,087, Yugoslavia...: : /...,. 713, American Republic i.;..:.:.' 136,685, American Red Cross... : 2,023, Federal agencies ,114, MUitary withdrawals , MisceUaneous items...".:. 1 1,472, United-Nat-ions-Relief and-rehabilitation Admhiistration 7,226, ,142, ,219, ,176, ; 262, , 308, , 539, ,427, ,371, , , 235, ,082, , 608, ,957, , 549, , ,365, ,023, ,092, ,136, ,226, , ,134, ,234, ,192, , 098, ,435, ,005, , 385, ,824, ,178, ,110, , ,792, , , 921, , , , ,383, , ,580, ,16L 50 15, ,988, , ,988, i , ,93L47.. 1,281, , , 635, , ,154,> , , ,947, ,947, , 537, ,244, ,293, , : 10, ,244, , ,750, Total 5,452,583, ,167,283, ,683, ,687, ,291,928, ,837, ,069,090, 858. ( 1 Principal and interest considered past due as bf June 30, 1970, and items subject to negotiation. 2 Credit. Represents amouhts couected-under advance payment agreements not appued to outstanding indebtedness. 3 Reduced due to settleraent of a third party claim. 4 Agreement provides for repajrment of 37,099, mpees. «Includes $84,881, principal and interest postponed pursuant to agreement, fl Represents amount v/hich is postponed by agreement pending settlement of certain claims. 7 Includes $369,841, due under surplus property agreements, $640,001, due under lend-lease settlement agreements, and $282,086, due under other lendlease agreements. NOTE. No settlement agreeraent for lend-lease has been reached with China, Greece, or the U.S.S.R. ZP I ZP H3 fel CO o

314 < ' ' ' CO -o :. ' -: :.. - : h ^ Pi fej hd o : ' ' \. :, q -... ' O -: -: - - hrj -. Corporations and Other Business-Type Actiyities of the Federal Government. ' W TABLE 102. Comparative statement of securities of Government corporations and other business-type activities held by. the Treasury, June 30, '" ^ -. ' - - fej [Face amount, in milhons of douars. Onbasisof dauy Treasury statements, see "Bases of Tables"] -O. W. ^.... ^ ^ Agency : i^ '. :. : : : -. : '. >. W Agency for Intemational Development 1,138 1,107 1, K Commodity Credit Corporation 12,704 11,634 12,990 13,604 13,990 13,111 11,768 10,097 11,989 12,115 12,262 Export-Import Bank of the Unitea States 1,636 1,698 1,830 1, ,586 O Federal Housing Administration, general insurance fund ^ Federa] National Mortgage Association, secondary market opera- - tibns J;^ Government National Mortgage Association:... p!^ 'Management and liquidating functions 719 1,441 1,323 1, ,028. 1,002 fej Special assistance functions.. 1,619 1,762 1,843 1,544 1,395 1, ,399 2,130 Housing Assistance Administration, low-rent public housing pro-. H gram...l...: g Rmal Electrification Admmistration : ,332 3,484 3,657 3,828. 4,075 4,234 4,518 4,770 5,045 6,328 t^ SamtLawrenceSeaway Development Corporation... : fl Secretary of Agriculture, Farmers Home Administration: JH Riiral housing dhect loan account b Dhrect loan account S Rural housing insurance fund ^ Agricultmal credit insurance fund Secretary of Commerce, Maritime Administration: Federal ship mortgage insurahce fiihd...^ h^.fej

315 Secretary of Housing and Urban Development: CoUege housing loans ,227 1,532 1,746 1,983 2,305 2,066 1, ,400 National flood insurance fund (*) Pubhc facuity loans '260 Urban renewal fund Secretary of the Interior: Bureau of Commercial Fisheries, Federal ship mortgage insurance fund, fishing vessels (*) - - Bmeauof Mines, hehum fund Sraithsonian Institution: John P. Kennedy Center parking facilities... = Secretary of thetreasmy (Federal CivU Defense Act oi 1950). 1 (*) (*) (*) (*) (*) Tennessee Valley Authority U.S. Information Agency Veterans' Administration (veterans' dhect loan program) 1,180 1,330 1,530 1,730 1,730 1,730 1,730 1,730 1,730 1,730 1,730 Virgin Islands Corporation. (*) l l l l l l l 1 Defense Production Act of 1950, as amended: ^ Export-Import Bank of Washhigton ^ General Services Administration. 1,715 1,765 1,790 1,804 1,921 1,945 1,912 1,737 1,737 1,912 1,872 > Secretary of Agricultme y^ Secretary of the Interior, Defense Minerals Exploration ^ Admmistration ^ Secretary of the Treasmy M D.C. Commissioners: Stadium sinking fund. Armory Board, ^ D.C - (*) (*) (*) (*) p Total 25,636 26,011 28,634 29,172 29,266 28, ,611 27,040 28,164 30,660 >~^ hd yn 1 This account was abolished as of the close of business June 30,1970; and au its assets, provided by an act approved Dec. 24, 1969 (42 U.S.C. 1487(ra)). t^ liabilities, and authorizations were transferred to the rural housing insurance fund as *Less than $500,000. ^ O CO O

316 REPORT OF TI-IE SECRETARY OF THE TREASURY TABLE 103. Capital stock of Government agencies held by the Treasury or other Government agencies June SO, 1969 and 1970, and changes during 1970 * Class and Date of Araount owned Repayraents Amount owned issuing agent authorizing act June 30, 1969 Advances and other June 30,1970 reductions Capital stock of Government corporations: Held by the Secretary of the Treasury: Export-Iraport June 16,1933, $1,000,000, $1, 000,000, Bank of the as araended. United States. FederalCrop Feb. 16, 1938, 40,000, $10,000, ,000, Insurance asamended. Corporation. Held by the Sec- June 16, 1933, 100,000, ,000, retary of Agri- as amended, culture. Commodity Credit Corp. Total capital 1,140,000, ,000, ,150,000, stock.

317 STATISTICAL APPENDIX 309 TABLE 104. Borrowing authority and outstanding issues of Government corporations and other business-type activities whose securities are issued to the Secretary of the Treasury, June'SO, 1970 [In millions of douars. On basis of daily Treasury statements] Corporation or activity i Agency for InternationEil Development: Mutual defense program economic assistance India emergency food aid. Coramodity Credit Corporation Export-Import Bank ofthe United States.. Federal Deposit Insurance Corporation Federal home loan banks Federal Housing Adrainistration, general insurance fund Federal National Mortgage Association: 3 Secondary raarket operations fund Federal Savings and Loan Insurance Corporation Government National Mortgage Association: Management and liquidating functions fund Special assistance functions fund Panaraa Canal Company Rural Electrification Adininistration Saint Lawrence Seaway Developraent Corporation Secretary of Agriculture, Farmers Home Administration: Direct loan account -.. Rural housing insurance fund Agricultural credit insurance fund Secretary of Housing and Urban Development: C ollege housing loans Low rent public housing fund s National flood insurance fund National insurance development fund Public faciuty loans Urban renewal fund... Secretary of the Interior: Bureau of Mines, heliura fund Secretary of Transportation: "Urban raass transportation fund Sraithsonian Institution: John F. Kennedy Center parking facilities Tennessee Valley Authority United States Information Agency, informational raedia guaranties fund Veterans* Adrainistration (veterans direct loan program) Defense Production Act of 1950, as araended: General Services Administration Secretary of Agriculture Secretary of the Interior, Defense Minerals Exploration Admin Unallocated.District of Columbia Coramissioners, stadium sinking fund. Armory Board, District of Columbia , 500 6,000 3,000. 4, , ,002 7, , ,775 1, , ,730 1, (*) 10(*) , 262 1,586 1,002. 2,130 5, ,400 Out- Borrowing standing authority securities held by Treasury "(*y ,730. 1, (*) Unused borrowing authority 2,238 4, , , , , ,375 1, Total. 59, , , Excludes authorizations to borrow from the public; also excludes authorizations to expend from public debt receipts for subscriptions to capital stock of the following agencies: International Bank for Reconstruction and Developraent, $6,350 miuion; International Monetary Fund, $2,325 million; International Finance Corporation, $35 million; and a Governraent corporation, $999 raiuion. In addition, the authorized credit to the United EZingdom, ofwhich $2,965 raillion is outstanding has been excluded. 2 Funds raay be borrowed as needed pursuant to an act approved Aug. 10,1965 (12 U.S.C. 1735d). 3 This Association was converted to private ownership effective Sept. 30,1968, by an act approved Aug. 1, 1968 (12 U.S.C. 1716b). 4 Represents unused portion of authorization to expend from public debt receipts avauable for loans to the secondary market operations fund without further action by Congress. 5 Represents amount due Treasury, net amount obligated, and unobligated balance, less unexpended fund balance. Funds may be borrowed as needed, but, except as raay be authorized in appropriation acts, not for the original or any additional capital of the fund, as provided by an act approved Aug. 10,1965 (42 U.S.C. 1487(h)). fl Represents a liability of the former rural housing direct loan account. This account was abolished as of the close of business June 30,1970; and all its assets, liabilities, and authorizations were transferred to the rural housing insurance fund as provided by an act approved Dec. 24,1969 (42 U.S.C. 1487(ra)). 7 Represents araount due Treasury, net amount obhgated, and unobhgated balance, less unexpended' fund balance. Authority to borrow from the Treasm-y is indeiinite in amount. Funds may be borrowed as needed to carry out provisions of an act approved Aug. 8,1961 (7 U.S.C 1929(c)). 8 This fund is now borrowing through the Office of the Secretary pursuant to an act approved Aug. 1,1968 (42 U.S.C. 1403). 9 Represents amount of interim securities outstanding which may be issued to the Secretary of the Treasury under specified conditions as provided by an act approved Aug. 6,1959 (16 U.S.C. 831n-4(c))). 10 Funds may be borrowed from the Secretary of the Treasury under certain conditions as provided by an act approved July 28,1958 (2 D.C. Code 1727). Less than $500,000. (*)