![STATEMENT of the PUBLIC DEBT, JULY 31, 1947 [On the Basis of Daily Treasury Statements]](http://data.docslib.org/img/e4300650f7f6565517e01cb18104e04a-1.webp)
4nB>v«i>>i_p.^L^p*wt [On -the basis ot daily Tr s t ate men t,a\ JULY 31, 1947 JULY ai, 1946 JVJ.T 31, 1946 JULY SI, I9«7 AVERAGE IN AVERAGE IN AVERAGE IN AMOUNT OUTSTANDING AMOUNT OUTSTANDING AMOUNT OUTSTANDING AMOUNT OUTSTANDING TEREST RATE TEREST RATE TEREST RATE
I Public debt—Continued Public debt: Interest-bearing debt—Continued Intorest-bciiriiiK debt: Percent* Percent Special issues—Continued Public JHsues: 2.000 $63, 712,000. 00 2.000 $49, 962, 000. 00 Percent Percent Federal Savings and Loan Insurance Corporation. Marketable obligations: $17, 023, 001, 000. 00 3.992 11, 673,000. 00 3. 995 9, 649, 000. 00 >. 478 $15, 756, 473, 000. 00 '.381 Foreign Service retirement fund Treami ry bills .875 37, 719, 535, 000. 00 3.500 1, 254, 000, 000. 00 3.496 889, 400, 000. 00 . 875 25, 122, 224, 000. 00 Government life insurance fund Certificates of indebtedness 1. 432 13, 351, 066, 000. 00 2. 000 14, 500, 000. 00 1.448 8, 142, 235, 000. 00 Mutual mortgage insurance fund 3.000 5, 329, 685, 000. 00 Treasury notew 2. 307 119, 322, 902, 450. 00 3. 000 6, 519, 685, 000. 00 2. 307 119, 322, 877, 950. 00 179, 178, 540. 00 National service life insurance fund 2.000 813, 000, 000. 00 Trea.sury bonds J.. 2.676 2.000 2, 223, 000, 000. 00 2.651 164, 974, 340. 00 Postal Savings System 3.000 809, 500, 000. 00 Other bonds 168, 508, 784, 290. 00 1.782 187, 595, 682. 990. 00 3.000 1,300,000,000.00 1. 881 Railroad retirement account 1.875 6, 649, 000, 000. 00 Total marketable obligations 2. 000 7, 087, 000, 000. 00 Unemployment trust fund Non-marketable obligations: 1.070 5, 591, 899, 100. 00 1.070 6, 668, 949, 800. 00" 2.000 3, 000, 000. 00 WaTotar housinl speciag insurancl issjies e fund 28, 516, 380, 000. 00 2.478 23, 045, 017, 000. 00 Treasury savings notes 2.764 51, 551, 548, 503. 32 2. 775 49, 319, 636, 543. 86 2. 508 Total interest-bearing debt 256, 320, 915, 368. 32 2.008 267, 039, 470, 833. 86 United States savings bonds 2. 000 328, 509, 500. 00 2.000 410, 184, 500. 00 2. 116 Matured debt on which interest has ceased.. 222, 231, 851. 76 312, 803, 525. 2& Depositary bonds 2. 500 1, 823, 793, 975. 00 Debt bearing no interest: Armed foicos leave bonds 2. 592 59, 295, 751, 078. 32 2. 568 56, 398, 770, 843. 86 2, 109, 785, 000. 00 International Bank and Monetary Fund. Total non-marketable obligations 2.066 227, 804, 535, 368. 32 1. 964 243, 994, 453, 833. 86 794, 807, 557. 93 917, 747, 902. 11 Total public issues Other Total gross public debt. 259, 447, 739, 778. 01 268, 270, 022, 261. 23 Special issues: 4.000 12, 250, 000. 00 4.000 12, 500, 000. 00 Adjusted service certificate fund Guaranteed obligations not owned by the Treasury: 4.000 2, 615, 000. 00 4.000 2, 557, 000. 00 1. 767 73, 836, 776. 58 1.618 323, 985, 620. 61 Alaska Railroad retirement fund _ Interest-bearing debt 2. 000 3, 500, 000. 00 2.000 3, 500, 000. 00 6, 134, 500. 00 9, 242, 200. 00 Canal Zone, Postal Savings System 3.991 12, 387, 000. 00 Matured debt on which interest has ceased 3. 988 12, 107, 000. 00 Canal Zone retirement fund 3.998 2, 379, 477, 000. 00 Total guaranteed obligations not owned by the Treasury. 79,971,276. 58 333, 227, 820. 61 3. 998 2, 433, 338, 000. 00 Civil service retirement fund __ 2.000 174, 000, 000. 00 2.000 514, 000, 000. 00 259, 527, 711,054. 59 268, 603, 250, 081. 84 Federal Deposit Insurance Corporation 1.923 5, 910, 400, 000. 00 Total gross public debt and guaranteed obligations 1. 980 7, 062, 000, 000. 00 Federal old-age and survivors insurance trust fund cn Computed on true discount basis. STATEMENT OF THE PUBLIC DEBT, JULY 31, 1947 [On the basis of daily Treasury statements]
AUTHOR TAX REDEEMABLE AMOUNT RETIBED AMOUNT OUTSTANDING IZING RATE or DATE or ISSUE INTEREST PAYABLE AMOUNT ISSUED BTATUS (See footnote 1) ACT INTEREST INTEREST-BEARING DEBT Public Issues: Marketable Obligations: Treasury Bills (Maturity Value): Series maturing: ia) 376% May 8, 1947.. Aug. 7, 1947.. Aug. 7, 1947.. $1, 111, 561, 000. 00 $1, 111,561,000.00 Aug. 7, 1947.. ia) 376% May 15, 1947. Aug. 14, 1947. Aug. 14, 1947. 1, 202, 477, 000. 00 1, 202, 477, 000. 00 Aug. 14, 1947 ia) May 22, 1947. Aug. 21, 1947. Aug. 21, 1947. 1, 203, 476, 000. 00 1, 203, 476, 000. 00 Aug. 21, 1947 376% (a) 376% May 29, 1947. Aug. 28, 1947. Aug. 28, 1947. 1, 311,450,000.00 1,311,450,000.00 SeptAug.. 284,, 1947 1947- Sept. 4, 1947.. 307, 419, 000. 00 1, 307, 419, 000. 00 (a) 376% June 5, 1947-. Sept. 4, 1947.. 1, Sept. 11, 1947. (a) June 12, 1947. Sept. 11, 1947. Sept. 11, 1947. 1, 303, 178, 000. 00 1, 303, 178, 000. 00 Sept. 18, 1947. la) 376% June 19, 1947. Sept. 18, 1947. Sept. 18, 1947. 1, 305, 370, 000. 00 1, 305, 370, 000. 00 Sept. 25, 1947. 376% June 26, 1947. Sept. 25, 1947. Sept. 25, 1947. 1, 103, 664, 000. 00 1, 103, 664, 000. 00 Oct. 2, 1917.-- la) 376% July 3, 1947.. Oct. 2, 1947-. Oct. 2, 1947. . 1, 302, 715, 000. 00 1, 302, 715, 000. 00 Oct. 9, 1947... ia) 376% July 10, 1947. Oct. 9, 1947-. Oct. 9, 1947-.. 1, 300, 023, 000. 00 1, 300, 023, 000. 00 Oct, 16, 1947.. (a) 594% July 17, 1947. Oct. 16, 1947-. Oct. 16, 1947.. 1, 101, 781, 000. 00 1, 101, 781, 000. 00 July 24, 1947. Oct. 23, 1947.. (a) 737% Oct. 23, 1947.. Oct. 23, 1947.. 1, 101, 461, 000. 00 1, 101, 461, 000. 00 Oct. 30, 1947.. (a) July 31, 1947. Oct. 30, 1947- Oct. 30, 1947.. 1, 101, 898, 000. 00 1, 101, 898, 000. 00 15, 756, 473, 000. 00 15, 756, 473, 000. 00 Total Treasury bills.. (a) 740% Certificates of Indebtedness: 740% Series G-1947 ia) ie) Aug. 1, 1946. Aug. 1, 1947. Feb. 1, Aug. 1. 1, 223, 453, 000. 00 1, 223, 453, 000. 00 Series H-1947 ia) ie) Wo Sept. 1, 1946. Sept. 1, 1947. Sept. 1 2, 341, 005, 000. 00 2, 341, 005, 000. 00 Series J-1947 id) le) %7o Oct. 1, 1946.. Oct. 1, 1947.. Oct. 1 1, 439, 563, 000. 00 1, 439, 563, 000. 00 Series K-1947 Nov. 1, 1946. Nov. 1, 1947. Nov. 1 1, 774, 578, 000. 00 1, 774, 578, 000. 00 la) ie) %7o Series L-1947 Dec. 1, 1946. Dec. 1, 1947. Dec. 1 3, 280, 792, 000. 00 3, 280, 792, 000. 00 ia) ie) %7o THIS STATEMENT CONTINUED ON FOLLOWING PAGE; FOR FOOTNOTES, SEE P. 9 STATEMENT OF THE PUBLIC DEBT, JULY 31,, 1947—Continued [On tbe basis of dally Treasury statements]
AUTHOB- TA-_ RATE or REDEEMABLE AMOUNT OUTSTANDCNO IZINO DATE or ISSUE INTEREST PATABLB AMOUNT ISSUED AMOUNT RETIBED INTEBEST (See footnote 1) ACT flTATUS INTEREST-BEARING DEBT—Continued Public Issues—Continued Marketable Obligations—Continued Certificates of Indebtedness—Continued Series A-1948 %%, Jan. 1, 1947.. Jan, 1, 1948- Jan. 1.. $3, 134, 197, 000. 00 $3, 134, 197, 000. 00 Series B-l 948. Feb. 1, 1947. Feb. 1, 1948. Feb.1. 3,946, 660, 000. 00 3, 946 660, 000. 00 Series C-1948 - 14% Mar. 1, 1947. Mar. 1, 1948- Mar. 1. 2, 141, 731, 000. 00 2,141 731, 000. 00 Series D-1948— Apr. 1, 1947. Apr, 1, 1948. Apr, 1. 1, 321, 139, 000. 00 1,321 139, 000. 00 June 1- Series E-1948 %7o June 1, 1947. June 1, 1948_ 1, 777, 142, 000. 00 1, 777 142, 000. 00 July 1, 1947. July 1,1948. July 1. Series F-1948 %%> 2, 741, 964, 000. 00 2, 741 964, 000. 00 Total certificates of indebtedness. 25, 122, 224, 000. 00 25, 122, 224, 000. 00 Treasury Notes: Series A-1947. ih% July 12, 1943. Sept. 15, 1947. Mar. 15, Sept. 15. 2, 707, 289, 000. 00 2, 707, 289,000. 00 Series C-1947. Dec. 1, 1944.. do do 1, 687, 244, 000. 00 1, 687,244 , 000. 00 Series A-1948. 1H% Mar. 15, 1944. Sept. 15, 1948. .do- 3, 747, 702, 000. 00 3, 747, 702, 000. 00 Total Treasury notes 8, 142, 235. 000. 00 8, 142 235, 000. 00 Treasury Bonds:1 4K% bonds of 1947-52 ia) M7o Oct. 16, 1922.. Called for redemption Oct. 15, 1947- Apr. 15, Oct. 16- 763, 962, 300. 00 $5, 016, 500. 00 758, 945, 800. 00 2% bonds of 1947 ia) Dec. 15, 1938_ . Dec. 15,1947. June 15, Dec. 15. 701, 074, 900. 00 2, 000. 00 701 072, 900. 00 2% Mar. 15, 1941. Mar. 15, 1948. Mar. 15,1950. Mar. 16, 1,115 2% bonds of 1948-50 (dated Mar. 15, 1941). (a) Sept. 15. 1,115, 368, 400. 00 500. 00 367, 900. 00 2#% bonds of 1948-61 2% Mar. 16, 1936. do Mar. 15,1951. do„ 1, 223, 496, 850. 00 1, 000. 00 1, 223 495, 850. 00 iy % bonds of 1948 ia) Dec. 1, 1942... June 15,1948. June 15, Dec. 15. 3,061 t ia) 2%7o 3, 061, 856, 000. 00 1, 000. 00 855, 000. 00 2H% bonds of 1948 Mar. 15, 1938. Sept. 15,1948. Mar. 15,Sept . 15. 450, 978, 400. 00 450, 978, 400. 00 (a) (7) 2% bonds of 1948-50 (dated Deo. 8, 1939).. l%7o Dec. 8, 1939._ Dec. 15, 1948. Dec. 15,1950. June 15, Dec. 15.. 571, 431, 150. 00 571 ia) if) 431, 150. 00 2% bonds of 1949-51 (dated Jan. 15, 1942). 2H% Jan. 15, 1942... June 15, 1949. June 15, 1951. do.. 1, 014,018 , 900. 00 1, 014,018 , 900. 00 Sept. 15,1951. Sept. 15. 1, 292, OS 2% bonds of 1949-51 (dated May 15, 1942). la) ie) 2% May 15, 1942. Sept. 15, 1949. Mar. 15, I, 292,444 , 100. 00 444, 100. 00 2% bonds of 1949-51 (dated July 15, 1942).. July 15, 1942.. Dec. 15, 1949. Dec. 15,1951. Dec. 15.. 500. 00 2, 097, ia) ie) 2% June 15, 2, 097,617 , 600. 00 617, 100. 00 Dec. 15, 1952. do 2, 000. 00 491 375, 100. 00 8H% bonds of 1949-52 _ la) ie) 2% Dec. 15, 1934. . do 491, 377, 100. 00 2k% bonds of 1949-53 Dec. 15, 1936. do Dec. 15, 1953. do.„. 1, 786,504 , 050. 00 378,100. 00 1, 786 125, 950. 00 (o) 1, 962 2% bonds of 1950-52 (dated Oct. 19, 1942). if) 2% Oct. 19, 1942.. Mar. 15, 1950. Mar. 15, 1952. Mar. 15, Sept. 15. 1, 962,688 , 300. 00 688, 300. 00 Sept. 15, 1938. Sept. 15, 1950. Sept. 15, 1952. 500. 00 1, 185 2H% bonds of 1950-52 la) (e) 3tf% do 1, 185,841 , 700. 00 841, 200. 00 2% bonds of 1950-52 (dated Apr. 15, 1943). Apr 15, 1943. do do.. 1, 000. 00 4, 939, ia) 2H% do 4, 939,261 , 000. 00 260, 000.00 June 15, Dec. 15. 2, 635, 441, 500. 00 500. 00 2, 635 1>.% bonds of 1960 ia) ie) 2% June 1, 1945. . Dec. 15, 1950. 441, 000. 00 2Ye% bonds of 1951-54 if) June 15, 1936. June 15, 1951.. June 15, 1954. do.- 1,626,688,150.00 2, 000. 00 1, 626i 686, 150. 00 ia) Sept. 15, 1955. 755, 3% bonds of 1951-55 if) 2H% Sept. 15, 1931- Sept. 15, 1951.. Mar. 15, Sept. 15. 800, 424, 000. 00 44, 995, 000. 00 429, 000. 00 2% bonds of 1951-53 (fl) Sept. 15, 1943. do Sept. 15, 1953. do 7, 986, 262, 500. 00 500. 00 7, 986, ie) 2% Dec. 15, 1953. 1, 118 262, 000. 00 2tf % bonds of 1951-53 (o) Dec. 22, 1939. Dec. 15, 1951.. June 15, Dec. 15. 1,118,051,100.00 (a) 051, 100. 00 2% bonds of 1951-55 if) VA7o Dec. 15, 1941. do Dec. 15, 1955. do..-. 532," 687,950 . 00 22, 274, 500. 00 510 a) 413, 450. 00 2#% bonds of 1952-54 ie) Mar. 31, 1941. Mar. 15, 1952.. Mar. 15, 1954. 1, 023, 568350, . 00 1, 023 (a) 2%7o Mar. 15, Sept. 15. 568, 350. 00 2J4% bonds of 1952-55 3 Feb. 25, 1942_ June 15, 1952.. June 15, 1955. 1, 510, 795300, . 00 10, 014, 000. 00 1, 500, ie) % June 15, Dec. 15. 781, 300. 00 2% bonds of 1952-54 (dated June 26, 1944)... ia) June 26, 1944. do June 15, 1954. 5, 825, 482,000 . 00 500.00 5, 825, ie) Dec. 15, 1954. do 481, 500. 00 2% bonds of 1952-54 (dated Deo. 1, 1944)___. o) 2% Dec. 1, 1944.. Dec. 15, 1952.. 8, 661, 977,500 . 00 8, 661 ie) do 977, 500. 00 2% bonds of 1953-55 la) 2/4% Oct. 7, 1940. .. June 15, 1953.. June 15, 1955. .do. 900.724, 00677, 724, 677, 900. 00 2tf % bonds of 1954-56 ie) 2% July 22, 1940. June 15, 1954.. June 15, 1956. .do. 680, 692,350 . 00 680, 692, 350. 00 la) Mar. 15, 1935. Mar. 15, 1955.. Mar. 15, 1960. Mar. 15, Sept. 15. 64, 050. 00 2,611 2%%, bonds of 1955-60 if) 2\47o 2, 611, 156,200 . 00 092, 150. 00 2Yi% bonds of 1966-58 June 2, 1941.. Mar. 15, 1956- Mar. 15, 1958. do.. 500. 00 1, 448, ia) if) 2/4% 1, 448, 747650, . 00 747, 150. 00 2%% bonds of 1956-59 Sept. 15, 1936. Sept. 15, 1956— Sept. 15, 1959. do 22, 000. 00 981 la) if) 981, 848,050 . 00 826, 050. 00 2% Feb. 1, 1944.. Sept. 15, 1956 *. do- .do. 3, 822 2K% bonds of 1956-59 ia) _ 558,3, 822, 500. 00 558, 500. 00 2M% bonds of 1958-63 2% June 15, 1938. June 15, 1958... June 15, 1963. June 15, Dec. 15. 918 780, 600. 00 2% June 1, 1945. _ June 15, 1959 *.. June 15, 1962. 918, 780, 600. 00 5, 284, 2Y4% bonds of 1959-62 (dated June 1, 1945).. ia) do. 068, 500. 00 2M% bonds of 1959-62 (dated Nov. 15, 1945). Nov. 15, 1945. Dec. 15, 1959 «.. Dec. 15, 1962. ..__.do_ 5, 284,068 , 500.-00 3, 469, 2%% bonds of 1960-65 la) 2K% Dec. 15, 1938. Dec. 15, I960... Dec. 15, 1965. 3, 469,671 , 000. 00 500. 00 1, 485, 671, 000. 00 do_. 384, 600. 00 ia) June 15, 1962 *.. June 15, 1967. .do. 1, 485,385 , 100. 00 16, 000. 00 bonds of 1962-67 2K% May 5, 1942— 2, 118,148, 500. 00 , bonds of 1063-68 Deo. 1, 1942.. Dec. 15, 1963 *.. Dec. 15, 1968. .do. 164,2, 118, 500. 00 56, 000. 00 2, 830, la) 2H% 858, 000. 00 , bonds of 1964-69 (dated Apr. 15, 1943) _ Apr. 15, 1943.. June 15, 1964 *.. June 15, 1969. .do. 2, 830,914 , 000. 00 536, 500. 00 3,761 2/4% 4 do 367, 500. 00 bonds ot lQ_4-ftu (dated Sept. 15, 1913) . la) Sept. 15, 1943- Dec. 15, 1964 .. Dec. 15. 1969- 3, 761,904 , 000. 00 52, 500. 00 3, 838. Mar. 15, Sept. IS. 145. 500. 00 i bonds of V„t\_-70 _. 7\ &(a) \ 2M% Feb. 1. 1944-- Mar. 15. 1965 «_ Mar. 15., 19711970.- 3, 838,198 , 000. 00 175, 500. OO 5, 197, _o_l__r. -;;/ • 1»0_<\a of \-«<%-•?. ., - - . , 2%% l^>«>o. t. 1944.. M_r. is. lose -_ 5, 197,394 , 500. 00 8, 480.219. OOO. OO I la) SR-*. BOO. OO ) — liM_^ ia) 2/4% 3. -SO. SOU. OOO. OO 2/4% 2/4% I 2)4% 2%% 2V.% 2H\>_.%% Mar. 15, Sept. 15 •2, 7U>, 040, \~>0. OO 2H';;, huiiitH or turn 7_ oiutiui oot. 20, n>ti) 2*4% I Oct. 20, 1941 Sept. 15, 1967 Sept. 15, 1972 2, 716, 045, 150. OO I June 15, Dec. 15 11, 688, 868, 500. OO 2>A'/v UIHIIIH ot 19(17 72 (dutcd Nov. 15, 1945). ::/ IS 2>.|t / Nov. 15, 1945— Dec. 15, 1967 «__. Dec. 15, 1972 11, 688, 868, 500. OO Total Troiwury bo/ids.. I ® I 119, 406, 499, 600. 00 83, 621, 650. 00 119, 322, 877,950. 00 Other Bonds: Panama Canal loan ot 1961. (b) iff) 3% June 1, 1911 June 1, 1961 Mar. 1, June 1, Sept. 50, 000, 000. 00 200, 000. 00 49, 800, 000. 00 1, Dec. 1. Postal Savings bonds (34th to 49th series). ic) iff) 2K% Jan. 1, July 1, 1928-35. 1 year from date of issue. 20 years from date of issue.Jan . 1, July 1 115, 177, 160. 00 2, 820. 00 115, 174,340.00 Total other bonds 165, 177, 160. 00 202, 820. 00 164,974,340. 00 Total marketable obligations. $168, 508, 784, 290. 00 Non-Marketable Obligations: First day of each month: Treasury Savings Notes:' 6 Series C-1947 ie) • 1. 07% Jan. to Dec. 1944... 3 years from issue date. 8, 554, 060, 300. 00 7, 967, 321, 300. 00 586, 739, 000. 00 Series C-1948 ia) ie) • 1. 07% Jan. to Dec. 1945___ do 5, 563, 743, 200. 00 3, 885, 510, 000. 00 1, 678, 233, 200. 00 8eries C-1949 la) ie) • 1. 07% Jan. to Dec. 1946... do _ 2, 723, 490, 600. 00 1, 085, 193, 400. 00 1, 638, 297, 200. 00 Series C-1950 (a) Jan. to July 1947 do 1, 777, 594, 500. 00 88, 964, 800. 00 1, 688, 629, 700. 00 Total Treasury savings notes. le) • 1. 07% 18, 618, 888, 600. 00 13, 026, 989, 500. 00 5, 591, 899, 100. 00 United States Savings Bonds:'• First day of each month: Series C-1937 (o) if) 2. 90% Jan. to Dec. 1937— After 60 days from issue date, 10 years from issue date. 586, 916, 768. 00 375, 431, 762. 00 "211,485,006.00 on demand • at option of owner. Series C-1938.. (a) if) • 2. 90% Jan. to Dec. 1938— do 661, 183, 078. 00 152, 624, 763. 50 508, 558, 314. 50 Series D-1939 (o) « 2. 90% Jan. to Dec. 1939... .do. _do. 1, 022, 789, 096. 75 209, 221, 360. 50 813, 567, 736. 25 Series D-1940 (o) • 2. 90% Jan. to Dec. 1940— .do. .do. 1, 207, 106, 424. 75 224, 738, 552. 00 982, 367, 872. 75 Series D-1941 (to Feb. 28)... (o) • 2. 90% Jan. and Feb. 1941. .do. .do. 387, 159, 147. 25 59, 393, 064. 75 327, 766, 082. 50 Series D-1941 (from Mar. 1). ia) 8 Mar. and Apr. 1941 .do. .do. 133, 672, 489. 50 26, 803, 197. 75 106, 869, 291. 75 Total Series C and D • 2. 90% 3, 998, 827, 004. 25 1, 048, 212, 700. 50 2, 950, 614, 303. 75 Series E-1941 • 2. 90% May to Dec. 1941. .do. .do. 1, 464, 809, 387. 55 322, 402, 148. 80 1, 142, 407, 238. 75 Series E-1942 ie) • 2. 90% Jan. to Dec. 1942. .do. .do. 6, 631, 138, 043. 93 2, 263, 199, 217. 33 4, 367, 938, 826. 60 Series E-1943 Jan. to Dec. 1943. .do. .do. 10,851,407,011. 32 4, 390, 360, 276. 24 6, 461, 046, 735. 08 le) « 2. 90% .do. .do. Series E-1944 Jan. to Dec. 1944. 12, 681, 669, 287. 88 5,211,578,592.76 7, 470, 090, 695. 12 ie) • 2. 90% -do. .do. Series E-1945 Jan. to Dec. 1945. 9, 904, 919, 739. 70 3,820, 114,768. 65 6, 084, 804, 971. 05 ie) « 2. 90% _do- .do. Series E-1946 Jan. to Dec. 1946. 4, 344, 135, 871. 87 1,051,476,227. 80 3, 292, 659, 644. 07 ie) • 2. 90% .do. .do. Series E-1947 ie) Jan. to July 1947. . 482,244,463, 122, 542,, 110 452. .0 20 5 17, 157216,, 157288,, 025257.. 9531 302, 906087, 254306, 084194. 0747 Total Series E • 2. 90% Series F-1941 ia) ie) • 2. 53% May to Deo. 1941... After 6 months from issue 12 years from issue date. 252, 706, 322. 00 45, 506, 596. 03 207, 199, 725. 97 date, on demand at option of owner on 1 month's notice. Series F-1942... ia) ie) • 2. 53% Jan. to Dec. 1942. .do. 691, 633, 395. 87 146, 510, 003. 66 545, 123, 392. 21 do Series F-1943... ia) ie) 8 2. 53% Jan. to Dec. 1943. .do. .do. 759, 321, 672. 41 159, 440, 899. 93 599, 880, 772. 48 Series F-1944... ia) ie) Jan. to Dec. 1944. .do. .do. 795, 526, 524. 53 114, 351, 108. 83 681, 175, 415. 70 • 2. 53% .do. Series F-1945... Jan. to Dec. 1945. .do. 601, 248, 678. 54 57, 474, 668. 32 543, 774, 010. 22 la) le) • 2. 53% .do. Series F-1946... Jan. to Dec. 1946. .do. 329, 068, 974. 72 12, 675, 227. 45 316, 393, 747. 27 ia) ie) • 2. 53% .do. Series F-1947... Jan. to July 1947- .do. 215, 937, 938. 50 215, 266. 00 215, 722, 672. 50 Total Series F. ia) ie) • 2. 53% 3, 645, 443, 506. 57 536, 173, 770. 22 3, 109, 269, 736. 35 Series G-1941... ia) • 2. 50% May to Dec. 1941 do .do. Semiannually. 1, 277, 260, 200. 00 144, 284, 400. 00 1, 132, 975, 800. 00 Series G-1942... ia) • 2. 50% Jan. to Dec. 1942. do -do. do___ 2, 493, 042, 700. 00 306, 900, 300. 00 2, 186, 142, 400. 00 Series G-1943—. la) « 2. 50% Jan. to Dec, 1943.. do -do. do 2, 598, 106, 500. 00 317, 172, 100. 00 2, 280, 934, 400. 00 Series G-1944... Jan. to Dec, 1944.. do .do. do 2, 894, 041, 800. 00 274, 392, 300. 00 2, 619, 649, 500. 00 la) • 2. 50% 1945.. Series G-1945... • 2. 50% Jan. to Dec do ...... do. do 2, 542, 202, 400. 00 164, 125, 300. 00 2, 378, 077, 100. 00 Series G-1946... ia) Jan. to JulDeyc 19471946.- . do .do. ..-..do 2, 663, 725, 200. 00 77, 394, 100. 00 2, 586, 331, 100. 00 • 2. 50% do .do. do Series G-1947... 151, 895427, 644265,, 600800. 00 1, 2851,, 650918,, 100600.. 0000 141, 609425,, 726 615, ,000.0 700. 00 0 Total Series G. • 2. 50% Unclassified sales and redemptions 110, 683, 342. 78 134, 999, 074. 30 i, 316, 781. 52 Total United States savings bonds. 71, 773, 140, 905. 85 20, 221, 592, 402. 53 51, 551, 548, 503. 32 Depositary Bonds: Various dates: First Series ; ia) ie) 2% From June 28,1941 __ At option of United States or 12 years from issue date. June 1, Dec. 1. 595, 531, 750. 00 368, 807, 750. 00 226, 724, 000. 00 owner any time upon 30 to 60 days' notice. Second Series ia) ie) 2% From Sept. 10, 1943. do do Jan. 1, July 1_. 132, 521, 500. 00 30, 736, 000. 00 101, 785, 500. 00 Total depositary bonds. 728, 053, 250. 00 399, 543, 750. 00 328, 509, 500. 00 THIS STATEMENT CONTINUED ON FOLLOWING PAGE; FOR FOOTNOTES, SEE P. 9 STATEMENT OP THE PUBLIC DEBT, JULY 31, 1947—Continued [On the basis of dally Treasury statements]
AUTHOB- TAX RATS or REDEEMABLE TlTLB DATE or ISSUE INTEBEST PATABLB AMOUNT ISSUED AMOUNT RETIRED AMOUNT OUTSTANDING iznro STATUS INTBBCST (See footnote 1) Aci INTEREST-BEARING DEBT—Continued Public Issues—Continued Non-Marketable Obligations—Continued Armed Forces Leave Bonds: Series 1943 _ (a) (h) 2J_% Apr. 1, 1943. Apr. 1, 1948. (»)- $3, 911,875 . 00 $178, 200. 00 $3, 733, 675. 00 July 1, 1943. ft July 1, 1948. (u). 5, 429,525 . 00 231, 400. 00 5, 198, 125. 00 Oct. Series 1944. ia) 1, 1943. Oct. 1, 1948. 8, 784,000 . 00 300, 975. 00 8, 483,025 . 00 (A) 2H% Jan. 1, 1944. ft Jan. 1, 1949. ("). 8, 780,925 . 00 293, 175. 00 8, 487, 750. 00 Apr. 1, 1944. (»)- Apr. 1, 1949. (»)- 7,137, 925. 00 330, 400. 00 6, 807, 525. 00 July 1, 1944. (")- July 1, 1949. (u). 7, 767, 000. 00 365, 975. 00 7,401, 025. 00 Series 1945. (a) ih) 2tf% Oct. 1, 1944. Oct. 1, 1949. (»). 9, 579, 175. 00 388, 950. 00 9, 190, 225. 00 Jan. 1, 1945. (")- Jan. 1, 1950. 19, 611, 125. 00 673, 025. 00 18, 938,100 . 00 Apr. 1, 1945. (")- Apr. 1, 1950. (»)- 18,106, 400. 00 685, 750. 00 17, 420,650 . 00 July a Series 1946. ia) ih) 2H% 1, 1945. («)- July 1, 1950. 0 ). 60,163, 775. 00 1, 421,275 . 00 58, 742, 500. 00 Oct. 1, 1945. (»)- Oct. 1, 1950. (u). 240, 063, 350. 00 5, 576,325 . 00 234, 487, 025. 00 Jan. 1, 1946. (")• Jan. 1, 1951. 807, 590, 700. 00 21, 402, 425. 00 786, 188, 275. 00 Apr. 1, 1946. ("). Apr. 1, 1951. (•'). 381, 783, 425. 00 13, 835, 225. 00 367, 948, 200. 00 Unclassified issues and redemptions. July 1, 1946. (")• July 1, 1951. <"). 134,114, 200. 00 6, 404, 050. 00 127, 710, (»). 150. 00 Oct. 1, 1946. Oct. 1, 1951- ("). 162, 924, 450. 00 6,002, 800. 00 156, 921, 650. 00 Total armed forces leave bonds (»). 1, 882, 954, 275. 00 59,160, 300. 00 1, 823, 793, 975. 00 (u). 7, 206,425 . 00 1, 070,350 . 00 6,136, 075. 00 Total non-marketable obligations. (u). $59, 295, 751, 078. 32 Total public Issues. ("). 227, 804, 535, 368. 32 QO Special Issues: Adjusted service certificate fund: (a) Jan. 1, 1947 12, 500,000 . 00 Series 1948 (certificates) (0 4% On demand. Jan. 1, 1948 _" Jan. 1 250, 000; 00 12, 250, 000. 00 Various dates: Alaska Railroad retirement fund: (a) (0 4% From June 30, 1943. After one year from date of June 30, 1948 to 1952 June 30 2, 680, 000. 00 65, 000. 00 2, 615, 000. 00 Isries 1948 to 1952 (notes) issue. Canal Zone. Postal Savings System: (a) (0 2% From Sept. 30,1943___. do June 30,1948,1951 and 1952. June 30, Dec. 31. 3, 500, 000. 00 3, 500, 000. 00 Series 1948, 1951 and 1952 (notes) Canal Zone retirement fund: U) 4% From June 30, 1943. .do. June 30, 1948 to 1952. June 30. 12,107, 000. 00 150, 000. 00 H, 957, 000. 00 Stories 194Bto 1982 (notes) _ ft <») 3% From Oct. 7, 1944__ .do. June 30, 1949 to 1952. .____do_. 157, ooo. oo 7, 000. 00 150, 000. 00 Series 1949 to 1952 (notes) (a) (i) _Tom June 30, 1943. .do_ June 30, 1948 to 1952 ...do 2, 433, 000.743, 00 6, 000, 000. 002, 427,743, 000. 00 Civil service retirement fund: (a) do .do. do ...do 5, 715,000 . 00 120, 000. 00 5, 595, 000. 00 Series 1948 to 1952 (notes) li) il Series 1948 to 1962 (notes) (a) 0) 2% From Dec. 7, 1944. .do- Dec. 1, 1949 to 1951- June 1, Dec. 1 768, 000,000. 00 254, 000, 000. 514,00 000, 000. 00 Federal Deposit Insurance Corporation: Series 1949 to 1951 (notes).. (a) (»') 2% June 30, 1947 ___. On demand. June30, 1948 Dec. 31, June 30. 5, 995, 000.000, 00 42, 000, 000. 005, 953,000, 000. 00 Federal old-age and survivors insuranoe trust fund: Various dates: Series 1948 (notes) (a) 1%% After one year from date of .db. June 30 1, 109, 000.000, 00 1,109,000, 000. 00 Series 1948 (certificates) 0) From June 30, 1943, Federal Savings and Loan Insurance Corporation: issue. Series 1948 to 1952 (notes) («) (t) 2% From July 22, 1943. do._ ___. June 30, 1948 to 1952. June 30, Dec. 31. 68, 996,000. 00 5, 284, 000. 00 63, 712, 000. 00 Foreign Servioe retirement fund: (a) From June 30, 1943 Series 1948 to 1952 (notes) (0 do __ June 30. 11, 635,000. 00 50, 000. 00 H, 585, 000. 00 (a) From May 28, 1945... ZZdoZZZZZZZZZZZZZZ. Series 1949 to 1952 (notes) _ li) II June 30, 1949 to 1952. do_. 88, 000. 00 88, 000. 00 Government life insurance fund: (a) (0 June 30, 1947 On demand. June 30, 1948 do 1, 254, 000.000, 00 1, 254,000, 000. 00 Series 1948 (certificates) _ Various dates: Mutual mortgage insurance fund: (a) ii) 2% From Aug. 21, 1946. After one year from date of June 30, 1951 June 30, Dec. 31. 14, 500,000.00 14, 500, 000. 00 Series 1951 (noteB) issue. National service life insuranoe fund: (a) ii) 3% From July 1, 1943—. do June 30, 1948 to 1952. June 30. 6, 519, 000.685, 00 6, 519,685, 000. 00 Series 1948 to 1962 (notes) ___ (a) 0) 2% From July 4, 1944„. .do. June 30, 1949 to 1952. June 30, Dec. 31. 2, 859, 000.000, 00 Postal Savings System: 636, 000, 000. 00 2, 223,000, 000. 00 (a) 4 From June 30, 1944. .do. Series 1949 to 1952 (notes) « 1. 464, OOO,000. 00 I 164, OOO, OOO. OO1, I 300,OOO, OOO. 00 Railroad retirement account: B-T\e» 194, to 1_M Quotes} _ 11 On demand June 30, 1948. Dec. 31, June 30 7, 152, OOO, OOO. OO »>r>, OOO, OOO. oo \ 7, 087, OOO, OOO. OO \ ^^wmrWmmmmmrnFmmF ?^ 2% j.-rom June 30, 1047- M..,l.i Itl-IH („„, 1 IliumLum) After one year from date of June 30, 1951. June 30, Dec. 31 8, 000, 000. 00 5, 000, 000. 00 3, 000, 000. 00 Wnr hounliiif liimuranoo fund: (a) 0) 2% From Aug. 21, 1946. issue. SttrU-uTotal specia1961 l(notea) Immuen 29, 694, 306, 000. 00 1, 177, 926, 000. 00 28, 516, 380, 000. 00 Total Interest-bearing debt outstanding '. 256, 320, 915, 368. 32 MATURED DEBT ON WHICH INTEREST HAS CEASED Old debt matured—issued prior to April 1, 1917 (excluding Postal Savings bonds). 1,417, 220. 26 ?M% Postal Savings bonds. 83, 760. 00 Liberty bonds and Victory notes, at various interest rates. 12, 307, 750. 00 Treasury bonds, at various interest rates 34, 328, 600. 00 Adjusted service bonds of 1945 14, 726,700 . 00 Treasury notes, at various interest rates 31, 516,050 . 00 Certificates of indebtedness, at various interest rates 57, 256, 950. 00 Treasury billssaving. s certificates 6, 074,000 . 00 Treasury tax and savings notes6. 131, 350. 00 United States savings bonds ' 26, 911,200 . 00 Total matured debt on which Interest has ceased. 37, 478,271 . 50 222, 231, 851. 76 DEBT BEARING NO INTEREST Special notes of the United States: " International Bank for Reconstruction and Development series $415, 785, 000. 00 International Monetary Fund series 1, 694, 000, 000. 00 2, 109, 785, 000. 00 OtherUnite: d States savings stamps 68, 091, 479. 75 Excess profits tax refund bonds H. 17, 736, 330. 64 United States notes $346, 681, 016. 00 Less: Gold reserve 156, 039, 430. 93 190, 641, 585. 07 National and Federal Reserve bank notes assumed by the United States on deposit of lawful money for their retirement __ 512, 588, 735. 50 Old demand notes and fractional currency 2, 021, 239. 97 Thrift and Treasury savings stamps . 3, 728,187. 00 794, 807, 557. 93 Total debt bearing no interest 2, 904, 592, 557. 93 Total gross public debt (including $11,947,840,850.39 debt incurred to finance expenditures of Government corporations for which obligations of such corporations are held by the Treasury). 259, 447, 739, 778. 01
1 Redeemable at the option of, the United States on and after dates 9 Amounts issued and retired for Series C to F, inclusive, include TAX STATUS: taxes, commonly known as surtaxes, and excess profits and war-profits indicated, except where otherwise stated. In case of Treasury bonds accrued discount; amounts outstanding are stated at.current redemption d Any income derived from Treasury bills of this issue, whether inter taxes, now or hereafter imposed by the United States, upon the income now outstanding, such bonds may be redeemed only on interest dates, values. Amounts issued, retired, and outstanding for Series G are est or gain from their sale or other disposition does not have any exemp or profits of individuals, partnerships, associations, or corporations. and 4 months' notice of redemption must be given. stated at par value. tion, as such, and loss from the sale or other disposition of any such bills The interest on an amount of bonds authorized by the act approved * Treasury bills aro non-interest-bearing and are sold on a discount 10 Excess of redemptions, not yet classified by series, deduct. does not have any special treatment, as such, under the Internal Revenue Sept. 24, 1917, as amended, the principal of which does not exceed in the basis with competitive bids for each issue. The average sale price of 11 Redeemable upon death of holder or at any time in payment of Code or laws amendatory or supplementary thereto. The bills are aggregate $5,000 owned by any individual, partnership, association, or these series gives arTapproximate yield on a bank discount basis (360 premiums or in payment of the difference in reserve in case of conversion subiect to estate, inheritance, gift, or other excise taxes, whether Federal corporation, shall be exempt from the taxes provided for in clause (6) days a year) as above indicated. This yield differs slightly from the to insurance on another plan or in payment of a policy loan made prior or State, but are exempt from all taxation now or hereafter imposed on above. The following is applicable to savings bonds only: For the yield on a true discount basis (365 days a year) which is shown in the to July 31, 1946, on a United States Government life insurance policv or the principal or interest thereof by any State, or any of the possessions purposes of determining taxes and tax exemptions the increment in summary on page 5. a National service life insurance policy. Also redeemable in cash after of the United States, or by any local taxing authority. For purposes value of savings bonds represented by the difference between the price ' Arranged according to earliest call dates. Sept. 1, 1947, under the Act of July 26, 1947, at the option of the holder. of taxation the amount of discount at which the bills are originally sold paid and the redemption value received (whether at or before maturity) * Redeemable, at par and accrued interest, to date of payment, at 12 Interest is payable at time of redemption. by the United States is to be considered to be interest. shall be considered as interest. any time upon the death of the owner at the option of the duly con 11 Issued pursuant to the provisions of the Bretton Woods Agreements e Income derived from these securities is subject to all taxes now or g Exempt from the payment of all taxes or duties of the United States stituted representative of the deceased owner's estate, provided entire Act, approved July 31, 1945, and under the authority of and subject to hereafter imposed under the Internal Revenue Code or laws amendatory as well as from all taxation in any form by or under State, municipal, proceodN of redemption are applied to payment of Federal estate taxes the provisions of the Second Liberty Bond Act, as amended. The or supplementary thereto. The securities are subject to estate, inherit or local authority. (The Supreme Court has held that this exemption due from deceased owner's estate. notes are non-negotiable, bear no interest, and are payable on demand. ance, gift, or other excise taxes, whether Federal or State, but are does not extend to estate or inheritance taxes, imposed by Federal or * The face value of United States savings bonds and Treasury Notes 14 Issued under the authority of and subject to the provisions of the exempt from all taxation now or hereafter imposed on the principal or State authority.) Savings series of any yearly series maturing from month to month which Second Liberty Bond Act, as amended, and Sections 780 to 783, in interest thereof by any State, or any of the possessions of the United h Interest on these bonds is subject to all taxes now or hereafter im are not currently presented for retirement will continue to be reflected clusive, of the Internal Revenue Code, as amended. Issued in series States, or by any local taxing authority. The following is applicable to posed under the Internal Revenue Code or laws amendatory or supple as interest-bearing debt until all the bonds or notes of the scries have depending upon the tax years for which credits are available and in savings bonds only: For the purposes of taxation any increment in mentary thereto. Principal is exempt from taxation. matured. Thereafter, the total amount outstanding is reflected as ma amounts certified to the Secretary of the Treasury by the Commis value of savings bonds represented by the difference between the price i These issues being investments of various Government funds and tured debt upon which interest has ceased. sioner of Internal Revenue. Bear no interest and mature at yearly paid and the redemption value received (whether at or before maturity) payable only for the account of such funds have no present tax liability. • Approximate yield if held to maturity. intervals after the cessation of hostilities in the present war, as provided shall be considered as interest. In hands of foreign holders—Applicable only to securities issued prior 7 Redeemable in payment of Federal income, estate, or gift taxes after by Section 780 (e) of the Internal Revenue Code, as amended, and are Attention is invited to Treasury Decision 4550 ruling that bonds, notes, to Mar. 1, 1941: Bonds, notes, and certificates of indebtedness ot the one full calendar month has elapsed between month notes were pur redeemable at the option of the owner on or after January 1, 1946. bills, and certificates of indebtedness of the Federal Government or its United States, shall, while beneficially owned by a nonresident alien chased and month in which tendered for taxes. Redeemable for cash at AUTHORIZING ACTS: agencies, and the interest thereon, are not exempt from the gift tax. individual, or a foreign corporation, partnership, or association, not option of owner during and after the sixth calendar month after the a Sept. 24, 1917, as amended. / Exempt both as to principal and interest, from all taxation now or engaged in business in the United States, be exempt both as to principal month of issue, as shown on the face of each note. b Aug. 5, 1909, Feb. 4, 1910, and Mar. 2, 1911. hereafter imposed by the United States, any State, or any of the pos and interest from any and all taxation now or hereafter imposed by the 8 Interest is payable with principal at time of redemption. No interest e June 25, 1910. sessions of the United States, or by any local taxing authority, except United States, any State, or any of the possessions of the United States, is payable if note is inscribed in the name of a bank that accepts demand (a) estate or inheritance taxes, and (b) graduated additional income or by any local taxing authority. deposits, unless note is acquired by such bank through forfeiture of a loan. MEMORANDUM
INTEREST-BEARING DEBT GROSS DEBT COMPUTED ANNUAL INTEREST RATS ON INTKUUT-BKABIN- DEBT CATS GENERAL FUND BALANCB* TOTAL DIRECT AND TOTAL D_UKT DIBECT DEBT GUARANTEED DEBT > DIBECT DEBT TOTAL DIBECT AND GUARANTEED GUARANTEED DEBT > > PEB CAPITA DIRECT DEBT AND GUABAN GUARANTEED DEBT GUARANTEED DEBT DEBT TEED DEBT WORLD WAR I Percent Percent Mar. 31, 1917—Prewar debt $1, 023, 367, 250. 00 $1, 023, 357, 250. 00 Percent $1, 282, 044, 346. 28 $1,282,044,346.28 $12. 36 2.395 2.395 $74,216,460. 05 Aug. 31, 1919—Highest war debt--.- 26, 348, 778, 511. 00 26,348,778,511.00 26, 596, 701, 648. 01 26, 596, 701, 648. 01 250. 18 4.196 4.196 1,118,109,534.76 Deo. 31, 1930—Lowest postwar debt- 15, 773, 710, 250. 00 15, 773, 710, 250. 00 16, 026, 087, 087 07 16, 026, 087, 087. 07 129. 66 3.750 3.760 306, 803, 319.55 I— WORLD WAR II to June 30, 1940—Debt preceding defense program 42, 380, 009, 305. 76 $5,497, 556, 555. 28 47, 877, 565, 861. 04 42, 967, 531, 037. 68 85, 532, 404, 146. 35 48, 499, 935,184. 03 a 367. 73 2.583 1.978 2.514 1, 890, 743, 14L 34 Nov. 80, 1941—Pre-Pearl Harbor debt 54, 561, 889, 298. 78 6, 316, 079, 005. 28 60,877,968,304.06 55, 039, 819, 926. 98 6,324, 048, 005. 28 61,363,867,932.26 a 459. 69 2.429 1.885 2.373 2, 319, 496, 021. 87 Feb. 28, 1946—Highest war debt. . 277, 912, 315, 345. 29 538, 764, 601. 19 278, 451, 079, 946. 48 279, 213, 558, 897. 10 550, 810, 451, 19 279, 764, 369, 348. 29 a 1, 989. 76 1.972 1.349 1.971 25, 960, 900, 919. 30 July 31, 1948—Debt a year ago 267, 039, 470, 833. 86 323, 985, 620. 61 267, 363, 456, 454. 47 268, 270, 022, 261. 23 333, 227, 820. 61 268, 603, 250, 081. 84 a 1, 899. 28 2.008 1.618 2.008 12, 028, 942, 105. 03 June 30, 1947—Debt last rnonth 255,113,412,039.10 83, 212, 285. 16 255, 196, 624, 324. 26 258, 286, 383,108. 67 89, 520, 185. 16 258, 375, 903, 293. 83 a 1, 795. 62 2.107 1.758 2.107 3, 308, 136, 929. 36 July 31, 1947—Debt this month j , 256, 320, 915, 368. 32 73, 836, 776. 58 256, 394, 752,144. 90 259, 447, 739, 778. 01 79, 971, 276. 58 259, 527, 711, 054. 59 b 1, 802. 50 2.116 1.767 2.115 3, 068, 793, 566. 99 a Revised. ». S. •OVIIIIIIHT r.lHTIMS OFFICII 114? b Subject to revision. 1 Does not include obligations owned by the Treasury. 1 Cash is held by the Treasurer of the United States for the payment of outstanding matured principal of guaranteed obligations and is included in the general fund balances.