Annual report of the Secretary of the Treasury on the state of the finances for the year ..
United States. Dept. of the Treasury
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S 3 S^ ! 3 >^±i  ■a =; 3 a-§a5ig.g&3ags.S 694 1959 REPORT OF THE SECRETARY OF THE TREASURY Personnel Table 132. — Number of employees in the departmental and field services of the Treasury Department, quarterly from June 30, 1958, to June 30, 1959^ June 30, 1958 Sept. 30, 1958 Dec. 31, 1958 March 31 1959 June 30, 1959 Increase, or decrease (— ), since June 30, 1958 Office of the Secretary Comptroller of the Currency, Bureau of Customs, Bureau of Defense Lending, Office of Engraving and Printing, Bureau of Fiscal Service: Accounts, Bureau of Public Debt, Bureau of Treasurer, Office of Internal Revenue Service International Finance, Office of Mint, Bureau of Narcotics, Bureau of U.S. Coast Guard U.S. Savings Bonds Division U.S. Secret Service Total civilian employees Military employees— U.S. Coast Guard Grand total 479 1.142 8,270 23 3,479 2,246 2,574 936 50,832 134 799 427 4,970 546 610 478 1,143 8,273 23 3,446 2,2.54 2,582 944 50, 245 136 786 428 4,849 540 609 481 1,148 8,278 23 3,424 2,441 2,543 951 49, 490 136 779 422 4, 726 544 607 479 1,138 8,174 23 3,383 2 2, 396 2,509 953 2 52, 828 137 787 419 4, 759 533 613 477 1.140 8,068 22 3,335 2,172 2.416 956 50. 216 136 758 411 4.758 530 616 -2 -202 -2 -1 -144 -74 -158 20 -616 2 -41 -16 -212 -16 6 77. 467 30. 128 76. 736 30.654 75, 993 30, 707 79. 131 30. 399 76. Oil 30. 448 -1.456 320 107, 390 106, 700 109. 530 -1,136 • Actual number of employees on the last day of the month and any intermittent employees who worked at any time during the month. 2 Includes seasonal employees. Tablr 133. — Cash awards paid to employees and estimated savings under the incentive awards program, fiscal years 1958 and 1959 Categories 1958 Percentage increase, or decrease (-) Employee suggestions: Number received Number of awards Amount paid _. Estimated annual savings Awards for superior work performance Number of awards Amount paid Estimated annual savings Awards for special acts and services: Number of awards Amount paid Estimated aimual savings Summary of awards: Number of awards Amount paid Estimated annual savings 7,751 2,057 $55,200 $765. 224 1.258 $194, 239 $230,711 149 $24. 740 $168. 129 3.464 $274, 179 $1, 164, 064 6,728 2,047 $49. 955 $572, 296 1.643 $232, 793 $180, 591 125 $21, 960 $55, 149 3,815 $304, 708 $808, 036 (•) -9 —25 31 20 —22 —16 —11 —66 10 11 -31 Less than 1%. INDEX A Account of the Treasurer of the United States. See Treasurer of the United States. Accounting and financial reporting, Government: Page Bases of accounts and reports 361-365 Cash operations, description of accounts relating to 364 Central accounting and reporting developments 97-99 Foreign currencies, accounting control 99 Improvements in procedure, mechanization, etc 71, 98, 101, 113 Legislation relating to 98 99 Narcotic seizures, etc., procedures improvement 144 Public debt new accounting system, installation and mechanization.. 113 Publications 18, 97, 361 Revised procedures and legislation relating to '_ 97-99 Accounts, Bureau of (see also Disbursement, Division of) : Administrative report 96-1 1 1 Commissioner, functions delegated to 356 Employees, number, quarterly June 30, 1958 to 1959 694 Expenditures 398 Federal Reserve notes, auditing function for unissued stocks trans- ferred to 100, 356 Internal audit program coverage 100 Management improvement program 71, 101, 109 Adjusted service certificate fund: Certificates of indebtedness issued to, outstanding June 30, 1952-56. _ 449 Investments 1952-56 570 Administrative accounts and reports, basis for certain tables 363 Administrative and staff officers of Treasury Department xii Admissions tax 44, 424, 433 Advance refunding technique 25, 259 Advisory Committee on Weather Control expenditures 378 Agricultural adjustment taxes 1934-36 435 Agricultural commodities (surplus) : Distributed within States, values of 613 Foreign currencies derived from sale of 61, 655 Agricultural conservation program expenditures 386 Agricultural marketing revolving fund, receipts and expenditures, 19f8 and 1959 380,401 Agricultural Marketing Service expenditures 386 Agricultural Products, Commission on Increased Industrial Use of, ex- penditures 380 Agricultural Research Service expenditures 384 Agricultural trade development and assistance, foreign loans 660 Agriculture and agricultural resources: Expenditures: 1952-59 419 1958and 1959 15 Personal and real property inventory 691 Agriculture, Department of: Expenditures: 1958 and 1959 and monthly 1959 384 1959 and estimates 1960 and 1961 16,426 Federal aid to States: 1930, 1940, 1950, and 1959 by appropriation titles for: Individuals, etc 608 States and local units 604 1959 payments by States and programs for: Individuals, etc 621 States and local units 612 Personal and real property inventory 692 695 696 INDEX Agriculture, Department of — Continued Page Public enterprise fund receipts and expenditures 1958 and 1959 402 Trust account receipts and expenditures 1958 and 1959 and monthly 1959 404, 410 Agriculture, loans to aid 679 Ainsworth Library fund, Walter Reed General Hospital 570, 573 Air Force, Department of: Defense production guaranties 679 Expenditures: 1949-59 373 1958 and 1959 and monthly 1959 390 Federal aid to States for payments to individuals etc., for Air National Guard: 1950 and 1959 by appropriation titles 609 1959 payments by States 621 Personal and real property inventory 692 Public enterprise fund receipts and expenditures 1958 and 1959 402 Aircraft and passengers entering United States 75, 639 Airport program. Federal 608, 620 Alaska International Rail and Highway Commission expenditures 378 Alaska Railroad receipts and expenditures 394, 402 Alcohol taxes 8, 12, 41, 126, 354, 423, 431 Alien property trust fund 570 American Battle Monuments Commission expenditures 378 American-Mexican Claims Commission 108, 648 American Printing House for the Blind expenditures 390, 605, 614 Anglo-American Financial Agreement of 1945, payment of principal and interest 60, 106 Antidumping Act of 1921, as amended, regulations revised 76 Apprenticeship and Training, Bureau of, expenditures 394 Argentina: Exchange agreement 64 Exchange system simplification 53 Loans to 64 Armed services housing mortgage insurance fund: Debentures engraved, printed, and delivered 644 Investments 1952-59 571 Obligations held outside Treasury: 1955-59, June 30 451 1959, June 30, and description 471 Calls for redemption 202 Treasury notes issued to: Issues and redemptions, 1959 492 Outstanding June 30: 1956-59 449 1958and 1959 492 1959 and description 465 Army, Department of: Defense housing profits paid to Treasury 688 Defense production guaranties 679 Expenditures: 1789-1959 369 1958 and 1959 and monthly 1959 388 Federal aid to States: 1930, 1940, 1950, and 1959 by appropriation titles for: Individuals, etc 609 States and local units 605 1959 payments by States for: Individuals, etc., for National Guard 621 States and local units for lease of flood control lands 614 General gift fund 571 Hospital fund. Office of Surgeon General, investments made by Treasury 1952-59 571 Personal and real property inventory 692 Public enterprise fund receipts and expenditures 1958 and 1959 388, 402 INDEX 697 Assistant Secretaries of the Treasury: Page 1953, January 21—1960, January 11 xi Statement, September 30, 1959, by T. Graydon Upton at "discussion of the annual report of the International Finance Corporation. .. 344 Assistant to the Secretary of the Treasury Lindsay, statement, March 3, 1959, before the Senate Finance Committee on 'income taxation of life insurance companies _ 3^5 Atomic Energy Commission: Expenditures: 1958 and 1959 and monthly 1959 _. __. Banks for cooperatives: Capital stock owned by United States: 1958and 1959 666 Repayments 40, 666 Debentures, engraved, printed, and dehvered 644 Franchise tax paid to Treasury 688 Investments: 1952-59 572 1958 and 1959 414 Obligations, market transactions (net) 1958 and 1959 416 Bases of tables, explanation 361-365 Beer tax 41,423,431 Belgium: Income tax treaty with United States 49 Loan repayment 63 Bills, Treasury: Engraved, printed, and delivered 644 Innovation of additional maturity cycles 22, 26, 28 Interest (discount): Computed charge and rate, June 30, 1939-59 550 Computed rate -153 Expenditures 1956-59 552 Rates 196 Limitation, statutory, application 473 Matured, outstanding June 30, 1959 468 698 INDEX Bills, Treasury — Continued Other than regular weekly and tax anticipation series: Pagf Allotments by investor classes 529 Investor classes 560 Issues and redemptions: 1958 and 1959 and monthly 1959 476, 480 1959 25, 28, 198, 487, 509, 521, 523 Circular on October 8, 1958, issue (fixed price) 192 Outstanding: 1959, June 30 29, 449, 453, 455, 487, 560 Description 455 Ownership changes 1959 36 Press releases, issue of: October 8, 1958 194 May 11, 1959 194, 195 Tax and loan account credit on purchases 193 Prices and rates 196 Regular weekly series: Exchanges 196, 476, 480, 505-526 Investor classes: 1958 and 1959, June 30 560 1959 changes 36 Issues and redemptions: 1958 and 1959 and monthly 1959 476, 480 1959 28, 185, 196, 486, 501, 505-526 Outstanding: 1952-59, June 30 449 1958 and 1959, June 30 486, 501, 560 1959, June 30 453, 454 Description 454 Press releases: November 20, 1958, issue 185,186 December 1, 1958, inauguration of new cycle 190 February 26, 1959, issue 187,188 May 21, 1959, issue 188, 189 Yields, monthly averages 1952-59, chart 267 Regulations amended 204 Summary of 1959 issues 196 Tax anticipation series: Allotments by investor classes 528 Investor classes 560 Issues and redemptions: 1958 and 1959 and monthly 1959 476, 480 1959 26, 28, 29, 185, 198, 487, 502, 511, 517, 524, 526 Outstanding: 1953, 1957, and 1959, June 30 449 1958 and 1959, June 30 487,502 1959, June 30 453, 455, 560 Description 455 Ownership changes 1959 36 Press releases. May 15, 1959, issue 190, 192 Bolivia, exchange agreement expiration 63 Bond and stock transfers, security issues, and deeds of conveyance, etc., taxes 423 Bonds and notes, U.S. Government, holdings of foreign countries 52, 651 Bonds, U.S. Government: Adjusted service: Interest expenditures 1956-59 552 Issues and redemptions 1959 495 Outstanding June 30 (matured) : 1958 and 1959 495 1959 468 Redemptions: 1952—59 __ 443 1958 and Y95"9" and" monthl7i959]III"I""I""""""I 480 INDEX 699 Bonds, U.S. Government — Continued Armed Forces leave: p^g^ Interest expenditures 1956-59 _ _ _ _ ceo Outstanding June 30 : 1958 and 1959 (matured) _. 4qr 1959 (matured) '_'_ "" 4^0 Redemptions: " "" ~ " 1952-59 440 1958 and 1959 and monthly 1959 --llll-lllllllllll 480 1959 4.Qfi Bank eligible bonds. See Bonds, U.S. Government,' Treasury Bank restricted bonds. See Bonds, U.S. Government, Treasury Depositary : Bank holdings June 30, 1958 and 1959 560 Engraved, printed, and delivered ~ ~ 544 Interest: Computed rate _ _ _ 453 Expenditures 1956-59 I --I"_I_I_~_'_ 552 Issues and redemptions : 1958 and 1959 and monthly 1959 __ .__ 476 480 o. l^^^r '492,506-527 Uutstandmg: 1952-59, June 30 449 1958 and 1959, June 30 "'31^ 492 560 1959, June 30 ' 453' 453 Description ' 453 Limitation, statutory, application 473 Excess profits tax refund: Outstanding: 1952-59, June 30 ._ _ 450 1958 and 1959, June 30. _ 594 1959, June 30 __!;; 468 Description 468 Limitation, statutory, application 473 Redemptions : 1952-59 440, 445 1958 and 1959 and monthly 1959 _ ' 480 1959 504 Investment series. Treasury bonds: Exchanges 31, 482, 506-527 Interest : Computed rate 453 Expenditures 1956-59 552 Investor classes 36,560 Outstanding: 1952-59, June 30 .. 449 1958 and 1959, June 30 31, 492, 560 1959, June 30_ 453,459 Description 459 Limitation, statutory, application 473 Redemptions: 1958 and 1959 and monthly 1959 480 1959 492, 506-527 Liberty, outstanding June 30, 1958 and 1959, and redemptions 1959. 494 Panama Canal: Engraved, printed, and delivered 644 Investor classes, June 30, 1958 and 1959 560 Limitation, statutory, not subject to 473 Outstanding June 30: 1952-59- - 449 1958 and Y95"9V_"miI""_.imiIII"I-I""-I-I--- 489, 560 1959 and description 458 700 INDEX Bonds, U. S. Government — Continued Postal savings: Page Interest expenditures 1956 and 1957 552 Outstanding June 30: 1952—55- 449 1958 andY^)59\mature~dy////////.///////////////////.ll 494 1959 (matured) 468 Redemptions 1959 494 Savings: Advertising donated 160 Attributes 160 Audit of retired 117 Denominations of E and H, sales and redemptions 540 Duplicate bond applications 118 Engraved, printed, and delivered 644 Extension terms, improvement 24, 161, 223 Interest or accrued discount: 1942-59 and monthly 1959 536 1946 and 1958, estimated payments to individuals 266 1958 and 1959 and monthly 1959 476, 480 Checks issued on income type bonds 118 Computed charge and rate June 30, 1939-59 550 Computed rate 453 Costs of proposed program 247 Expenditures 1956-59 552 Increased rates and yields 24, 31, 161, 222-238, 243-247 Rate ceiling removal proposal 24, 31, 161, 216, 218. 277 Investor classes: 1958 and 1959 560 1959 changes 34, 36 Issues: 1935-59 535 1941-59 459,536 1958 and 1959 and monthly 1959 476 1959 1 115,490,505-527 Series E and H 161,535, 536,540,541 Series E through K bv series 1941-59 and monthly 1959 536 Series F, G, J, and K. 535, 536 Issuing and paying agents for Series A-E 118, 243 Limitations on purchasers and holdings, changes 162, 204-208 Lost, stolen, or destroyed: Application for duplicates 118 Replacement 243 Objectives of sale 159 Outstanding: 1941-59, June 30 536 1946 and 1958, June 30 241 1952-59, June 30 449 1958 and 1959, June 30 31, 490, 495, 560 1959, June 30 - 115, 453, 459 Description 459 Limitation, statutory, application 473 Matured 468, 495 Series E and H 32, 160, 161,536 Series E through K by series 1941-59 and monthlv 1959 536 Series F, G, J, and K'_ 1 536 ^ Payroll savings plan: Companies operating 118 Effectiveness 160, 221, 243 Program changes, proposal 22 1 , 238, 243-247 Punch card form. Series E, registering and accounting operations. 112 Records of sales and redemptions 116 Redemption values and investment yields 225-238 INDEX 7Q1 Bonds, U. S. Bowling alleys and billiard and pool tables, taxes 424 Bretton Woods Agreements Act, proposed amendments 321 702 INDEX Budget (see also Expenditures; Receipts; Surplus or deficit): Page 1953-59 chart 5 Accounts, explanation 364 Estimates 1960 and 1961: Expenditures 16, 426 Receipts 9-1 5, 423 Operations 1958 and 1959 7 Receipts and expenditures 5-16, 257, 418 Results 1958 and 1959 6 Surplus or deficit, semiannually 1956-60, chart 258 Budget and Accounting Procedures Act of 1950 authorizations 97, 363 Budget, Bureau of, expenditures 376 Budgetary Appropriations, and other Authorizations, Expenditures and Unexpended Balances 98 Building and savings and loan associations, agents for Series A-E savings bonds 118 Bulgarian claims fund 108 Bullion charges, receipts 425 Business and Defense Services Administration expenditures 388 Business and store machines, tax 432 Business Economics, Office of, expenditures 388 C Cabarets tax 424, 433 Canada, U.S. private investment 59 Canal Zone: Government expenditures 390 Postal Savings System: Deposits June 30, 1946-59 472 Investments 1952-59 570 Treasury notes issued to: Interest, computed rate 453 Issues and redemptions 479, 483, 492 Outstanding June 30: 1952-59 449 1959 453, 463, 492 Description 463 Capital stock tax 430 Cash balance: 1949-59, chart 256 Actual July 1958-May 1959 261 Forecast 1960 261 Cash Division, Treasurer of the United States, checks, etc., deposited for collection 125 Cash held outside the Treasury, change in balance: 1952— 59_ -_ ._ __ _ 439 1959 and"est]'mateY960Vrrr"I_riri._-I_"I.-r_I"..II_-I]II]^ri' 429 Cash income and outgo: 1952-59 439 1958 and 1959 123 Cash operations, description of accounts relating to 364 Census, Bureau of, expenditures 388 Central accounting and reporting. See Accounting and financial reporting. Government. Central Intelligence Agency construction expenditures 380 Central reporting. See Accounting and financial reporting, Government. Certificates of indebtedness: Engraved, printed, and delivered 644 Interest: Computed charge and rate, June 30, 1942-59 550 Computed rate 453 Expenditures 1956-59 552 Investor classes 1958 and 1959, June 30 560 INDEX 703 Certificates of indebtedness — Continued Outstanding: Page 1952-59, June 30 449 1958 and 1959, June 30 lllllllllllll' 560 1959, June 30, matured ""I_"I_ 468 Limitation, statutory, on outstanding, application ~ 473 Ownership changes 1959 36 Prices and yields, June 30, 1958 and 1959 -I-- .'"-._" ""'"_.'] 556 Regular series: Exchanges 29, 173, 174, 179, 180, 476, 480, 506, 513, 517, 524 Issues and redemptions: 1958 and 1959 and monthly 1959 477 480 1959 28, 169, 174, 488, 499, 506, 513, 517,' 524 Allotments by: Federal Reserve districts 174 Investor classes 1954-59 528 Circular on August 1, 1958, issue 169 Summary 1959 173 Outstanding: 1958 and 1959, June 30 488, 499 1959, June 30 453, 456 Description 456 Special series, issues and redemptions 1958 477, 481 Tax anticipation series: Exchanges 477 Issues and redemptions: 1958 and 1959 and monthly 1959 480 1959 25, 28, 29, 171, 174, 476, 488, 500, 506, 520 Allotments by: Federal Reserve districts 174 Investor classes 1954-59 528 Circular on August 6, 1958, issue 171 Outstanding, June 30, 1958 and 1959 500 Tax and loan account credit on purchases 172 Charts: Budget: 1953-59 5 Expenditures and operating cash balance, 1949-59 256 Receipts and expenditures, semiannually 1956-60 257 Surplus or deficit, semiannually 1956-60 258 Corporate bonds, interest cost on new long-term and comparable yields on outstanding 251 Debt changes by major forms, 1954-59 253 Federal securities held by nonbank investors December 31, 1946-58 — 242 Individuals savings, amounts outstanding, December 31, 1953-58 246 International Bank for Reconstruction and Development: Borrowing 1947-58 329 Loans 1947-58 327 International Monetary Fund: Exchange transactions 1947-58 323 Gold and dollar resources 1947-58 325 Long-term securities: Outstanding 1946 and 1948 240 Rates and yields 245, 251, 252, 267 Market yield trends of short and long-term securities 1952-59 267 Organization of Treasury Department, January 11, 1960 xvi Public and private debt, 1939-58 262 Public debt: 1916-59 20 1956-59, monthly range subject to limit 27 Market yields 1953-59 250 Ownership ^^ Structure, June 30, 1959 23 Subject to Hmitation, monthly range 1956-60 258 Treasury bonds, interest cost on new long-term and comparable yields on outstanding 251 704 INDEX Charts — Continued Page Savings accounts, interest rates 1945-59 245 U.S. securities 208 418, amendment, May 1, 1959, Treasury bills 204 530, revision, savings bonds: August 15, 1958 204 October 31, 1958 205 653, revision, savings bonds: August 15, 1958 . 205 October 31, 1958 206 905, revision, savings bonds: August 15, 1958 207 October 31, 1958 207 1012, July 21, 1958, certificates of indebtedness, Series C-1959 169 1013, July 29, 1958, certificates of indebtedness, Series D-1959 171 1015, September 29, 1958, Treasurv bills offered on a fixed price basis__ 192 1016, September 29, 1958, Treasurv notes. Series B-1959 176 1018, November 19, 1958, Treasurv notes, Series B-1961 177 1020, January 12, 1959, Treasury bonds of 1980 181 Civil Aeronautics Board expenditures 380, 426 Civil and Defense Mobilization, Office of: Expenditures 376,614 Public enterprise funds 401 Civil defense: Loan programs 396, 403 Tjoans outstanding 680 Civil Rights, Commission on, expenditures 380 Civil Service Commission: Earnings paid to Treasury 688 Expenditures 16, 380, 426 Civil service retii-ement and disability fund: Bonds engraved, printed, and delivered 644 Certificates of indebtedness, Treasurv notes, and Treasurv bonds issued to: Interest, computed rate 453 Issues and redemptions: 1958 and 1959 and monthly 1959 478, 482 ; 1959 492 Outstanding June 30: 1952-59 .__ 449 1958 and 1959 492, 574 1959 453,463, 492, 574 Description 463 1 1 1 vestments 570, 574 INDEX 705 Civil service retirement and disability fund — Continued Receipts and expenditures: Page 1958 and 1959 and monthly 1959 . 404 408 1959 and cumulative ]._]__! ' 573 Statement "] " 5 j3 Claims: Expenditures _ 399 Nationals. See Nationals, U.S. Texas City payment _ 390 Clearing account "366" 429. 443 Club dues and initiation fees, taxes '__ ' 424 Coast and Geodetic Survey expenditures 388 Coconut, etc., oils processed, taxes 44 424 Coin-operated amusement and gaming devices, taxes ' 424 Coins. See Money. College housing loans 384, 401, 666, 668-670, 681, 688 Colombo Plan Organization 58 Colorado River Basin fund receipts and expenditures 392, 402 Colorado River Dam fund 6O2' 606 Combined Statement of Receipts, Expenditures and Balances of the U.S. Government 98 Commerce and housing, expenditures: 1952-59 419 1958 and 1959 15 Personal and real property inventory 691 Commerce, Department of: Earnings paid to Treasury 688 Expenditures: 1958 and 1959 and monthly 1959 _. 388 1959 and estimates 1960 and 1961 16, 426 Federal aid to States: 1930, 1940, 1950, and 1959 by appropriation titles for: Individuals, etc 609 States and local units 604 1959 payments by States and programs for: Individuals, etc. for State marine schools, subsistence of cadets 621 States and local units 613 Loans outstanding 679, 680 Personal and real property inventory 692 Publ'c enterprise fund receipts and expenditures 1958 and 1959 402 Securities owned by United States 682 Trust account receipts and expenditures 406, 410 Commercial banks: Agents for issuing and redeeming Series A-E savings bonds 118 Depositaries for receipt of public moneys 102, 122, 562 Interest rates on savings accounts, chart 245 Security holdings (governmental): Federal securities: 1941-59, selected dates 34 1952-59, June 30 557 1958 and 1959, June 30, by type of security 560 Allotments 1954-59 528 Changes 1959 34, 36 Nonguaranteed securities of Federal instrumentalities June 30, 1952-59 557 State, local, and territorial government securities June 30, 1952- 59 557 Tax and loan accounts. Treasury 562 Commodity Credit Corporation: Appraisal of assets and liabilities 100, 687 Borrowing power 668 Capital impairment, restoration of amounts 100, 687 Capital stock owned by United States, June 30, 1958 and 1959 666 525622—60 46 706 INDEX Commodity Credit Corporation — Continued Federal aid to States: 1950 and 1959 by appropriation title for: Page Individuals, etc 608 States and local units 604 1959 by States and programs for: Individuals, etc 621 States and local units 613 Foreign currencies derived from sale of agricultural commodities 655 Interest paid to Treasury 688 Loans outstanding 679 Obligations: Held bv Treasury: 1952-59, June 30 669 1958 and 1959, June 30 666 1959, June 30 668,670 Cancellations 687 Description 670 Transactions 666 Held outside Treasury June 30: 1952 451 1959, interest on matured outstanding 471 Receipts and expenditures 386, 402 Statutory debt retirements from capital repayments 532 Surplus returned to Treasury 687 Commodity Exchange Authority expenditures 386 Commodity Stabilization Service expenditures 386 Common Market (European Economic Community) 54,59 Comptroller of the Currency, Bureau of: Administrative report 71-73 Employees, number, quarterly June 30, 1958 to 1959 694 Federal Reserve notes, auditing function for unissued stocks trans- ferred from 100,356 Investments 1955-59 570 Securities held in custody of Treasurer of U.S. for the Comptroller. _ 125 Contributions and donations 109, 425 Cooperatives taxation 44 Corporate pension trust funds, Federal security holdings 35, 241, 528, 560 Corporation income taxes: 1929-59 430 1952-59 418 1958 and 1959 7, 126,374 1959 by States 436 1959 and estimates 1960 and 1961 10, 11, 423 Foreign income, tax treatment 301 Payments, accelerated schedule completion 11 Proposed legislation, estimate 423 Rate extension 41 Refunds 11,425 Corporations (nongovernment) governmental security holdings: Federal securities June 30: 1941-59 34 1952-59 557 1959 changes 34,35 Allotments, 1954-59 528 Nonguaranteed securities of Federal instrumentalities June 30, 1952- 59 557 State, local, and territorial government securities, June 30, 1952-59_ 557 Corporations and certain other business-type activities of U.S. Government (see also specific corporations) : Advances by Treasury 1959 38, 666 Assets, liabilities, and net investment 37, 674, 676 Borrowing power 38, 668 C-apital stock owned by United States 39, 666 Debt, long-term, Government-aided, 1946 and 1958 240 Dividends, interest, etc., paid to Treasury 9, 14,38, 688 INDEX 707 Corporations and certain other business-type activities of U.S. Credit agencies. See Corporations and certain other business-type activities of U.S. Government. Credit unions: Agents for issuing and redeeming Series A-E savings bonds 118 Bureau of Federal, receipts and expenditures 392, 402 Cumulative sinking fund. See Sinking fund, cumulative. Currency. See Dollars; Foreign currencies; International financial and monetary developments; International Monetary Fund; Minor coin; Money; Paper currency; Silver, Subsidiary coin. Customs: Agency Service 82, 627 Antidumping and countervailing duty, enforcement 76 Appraisement of merchandise 75 Bureau of: Administrative report 73-89 Commissioner, functions delegated to 353, 354 Cost of administration 84, 628 708 INDEX Customs — Continued Bureau of — Continued Employees: Page Number quarterly June 30, 1958 to 1959 694 Training program 88 Expenditures 398, 627, 628 Law enforcement activities 82, 83, 641 Legal problems and proceedings 81 Management improvement program 70, 85-89 Taxes collected by, refunding function for excess deposits trans- ferred from 354 Classification and valuation of merchandise 76, 85 Collections: 1789-1959 368 1952-59 418 1958 and 1959 7,74,374,437 1959 9, 627 1959 and estimates 1960 and 1961 10, 14, 425 By commodities and tariff schedules, 1957-59 74, 629 By countries, value of imports, and duties, 1957-59 75, 634-637 By districts 74, 628 By rates, 1943-59 631 By tariff schedules and values 629-633 Ratio of duties to value of imports by calendar years, 1947-58 and January-June 1959 632-634 Collectors' authority, increase 87 Districts, port and station changes 84 Drawback transactions 75,354, 437, 627, 628, 640 Export control 77 Foreign trade zones 83 Imports (see also Merchandise entries): Classification 76 Information Exchange 76 Investigative activities 642 Mailed imports, improved system for controlling collections of duties 88 Legislation: Enacted 78, 81, 86 Proposed 81, 85 Marine activities, documentation, etc 79 Merchandise entries 75, 638 Persons and vehicles entering United States 75, 638 Protests and appeals 78 Refunds and drawbacks 14, 86, 374, 425, 437, 627, 628 Seizures 82, 641 Simplification: Achievements 86, 88 Act of 1956, valuation provision 76 Technical services 76 Czechoslovakia: Claims fund 107 Foreign assets control 66 D Daily Statement of the U.S. Treasury: Account of the Treasurer of the United States, published in 18 Bases of data 361 Debt. See Federal securities; Public debt. Defense, Department of: Expenditures: 1958 and 1959 and monthly 1959 388 1959 15 1959 and estimates 1960 and 1961 10,426 INDEX ^^^^^^ 709 Defense, Department of — Continued Expenditures — Continued Federal aid to States: 1930, 1940, 1950, and 1959 by appropriation titles for: Page Individuals, etc 609 States and local units 605 1959 payments by States and programs, for: Individuals, etc., for National Guard 621 States and local units for lease of flood control lands 614 Personal and real property inventory 692 Profits on defense housing paid to Treasury 688 Public enterprise fund receipts and expenditures 1958 and 1959 388, 402 Trust account receipts and expenditures 1958 and 1959 406, 410 Defense Lending, Office of: Administrative report 89-90 Employees, number, quarterly June 30, 1958 to 1959 694 Defense Materials Procurement Agency 669 Defense Minerals Exploration Administration 667-669, 673, 688 Defense Production Act of 1950, operations: Borrowing power 668 Expansion of defense production: Expenditures: 1958 and 1959 and monthly 1959 376 1959 and estimates 1960 and 1961 16 Loans outstanding 679, 680 Pubhc enterprise fund receipts and expenditures 1958 and 1959- 401 Guaranties: Expenditures 1958 and 1959 and monthly 1959 378, 390 Loans outstanding 679 Public enterprise fund receipts and expenditures 1958 and 1959. 402 Interest paid to Treasury 688 Lending activities 89 Obligations held by Treasury June 30: 1952-59 669 1959 668,672 Securities owned by United States 667 Deferment Committee, Treasury, recision of order establishing 351 Deficit. See Surplus or deficit, U.S. Economic Conference of the Organization of American States 56 Economic growth of the Nation, future 342, 345 Education, Office of: Expenditures 392 Federal aid to States for pavments to: Individuals, etc., 1959 by States 623 States and local units: 1930, 1940, 1950, and 1959 by appropriation titles 605 1959 by States and programs 614 Loans outstanding 68 1 Educational exchange expenditures 396 Electric, gas, and oil appliances, taxes 423, 432 Electric light bulbs tax 423 Electrical energy tax 432 Electronic processing of data 71, 101, 112, 115, 117, 120, 134 Employees' Compensation, Bureau of, expenditures. _ . 396 Employees' life insurance fund. Civil Service Commission: Investments 414,421,570,579 Receipts and expenditures: 1958and 1959 408 1959 and cumulative 578 Statement 578 INDEX 711 Employment taxes {see also Internal revenue; Receipts: Taxation Devel- opments): Page 1936-59 .on 1952-59 410 1958 and 1959 llllllllll 7 8 126 1959 and estimates 1960 and 1961 -----------II-_^I^'_I___' 10 13 Amendments to railroad retirement and unemployment insurance statutes __ _ 4g Bv acts: 1958 and 1959 8 374 1959 and estimates 1960 and 1961 -I]_^^ I _~ 13 424 Rate increase '" _ ' 9 Refunds ~I__"~_~8 13 425 Engraving and Printing, Bureau of: ' " ~ ' ' Administrative report _ _ 90-95 Balance sheets, June 30, 1958 and 1959 II I-_II_. 94 Employees, number 1958 and 1959 I 694 Expenditures I 393 Income and expense 94 Management improvement 91 Organization al changes 91 Production 643_ 544 Estate and gift tax collections: 1952-59 418 1958 and 1959 7, 9, 126, 374 1959 and estimates 1960 and 1961 10, 14' 425 Refunds 14, 425 Estate tax 47,430, 532 Estimates of receipts and expenditures. See Budget estimates; Expendi- tures; Receipts. European countries, (7) free trade area proposal 54 European currencies, movement to external convertibility 52, 341 European Economic Community (Common Market) 54, 59 European Economic Cooperation, Organization for (OEEC) 52, 54, 58 European Fund 52 European Monetary Agreement 52 European Payments Union, dissolution 52 Exchange Stabilization Fund: Agreements with foreign countries 53, 64 Assets and liabilities, June 30, 1958 and 1959 653 Earnings and expenses 654 Investments 570, 654 Excise taxes {see also specific taxes ; Taxation) : 1929-59 431-434 1952— 59 __ -- 418 1958andY9¥9V-V-"-"IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIir7,"8,"i26, 374 1959 by States 436 1959 and estimates 1960 and 1961 10, 12, 423 Cigarette and liquor stamps, discontinuance 92, 133 Proposed legislation, estimates 424 Rate extension 41 Refunds 8,12,425 Technical Changes Act of 1958 revisions 43 Executive Office of the President: Expenditures 376, 426, 614 Personal property inventory 692 Public enterprise funds 376, 401 Expenditures: 1789-1959 369 Budget: 1932-59 and monthly 1959 366 1949-59, chart 256 1952-59 441 1952-59 by major functions 418 1953-59, chart 5 1956-60, semiannual, chart 257 712 INDEX Expenditures — Continued Budget — Continued Page 1958 and 1959 6, 15, 376-399 1959 16,299,426 1959 and estimates 1960 and 1961 16, 426 Contingencies, allowance for 16, 426 Defense outlays 15 Federal aid to" States 604-626 Payments to the public, 1952-59 439, 441 Public enterprise funds. See Public enterprise funds. Summary for 1959 15 Export-Import Bank: Borrowing power 668 Capital stock owned by United States 666 Credit commitments 60 Dividends and interest paid to Treasury 61, 688 Expenditures: 1958 and 1959 and monthly 1959 380 1959 and estimates 1960 and 1961 16, 426 Foreign currency loans 61, 679 Indebtedness of foreign countries on U.S. credits 660 Lending authority, uncommitted 60 Loans 60, 679, 680 Obligations held by Treasury: 1952-59, June 30 - 669 1958 and 1959, June 30 666 1959, June 30 668, 670, 672 Description 670, 672 Transactions 666 Personal property inventory 692 Receipts and expenditures 1958 and 1959 401 Securities owned by United States 682 Extension Service, agricultural, expenditures 384 F Farm Credit Administration: Expenditures 380, 426 Personal property inventory 692 Public enterprise fund receipts and expenditures 1958 and 1959 380, 401 Securities owned by U.S 682 Trust accounts, receipts and expenditures 408 Farm labor supply fund receipts and expenditures 396, 402 Farm tenant mortgage insurance fund {see also Farmers' Home Adminis- tration) : Borrowing power (Secretary of Agriculture) 668 Interest paid to Treasury 688 Investments 1 952-55_ _ /_ 571 Loans outstanding 679 Obligations held by Treasury: 1956-59, June 30 1 669 1958 and 1959, June 30 667 1959, June 30 668, 671 Description 671 Transactions 667 Receipts and expenditures 1958 and 1959 386, 402 Treasury notes issuerl to, outstanding June 30, 1952-55 449 Farmer Cooperative S(;rvice expenditures 384 Farmers' Home Administration: Borrowing power (Secretary of .\griculture) 668 Expenditures 1 958 and 1 959 and monthly 1 959 386 Interest paid to Treasury 688 Loans outstanding 679 INDEX 713 Farmers' Home Administration — Continued Obligations held bv Treasury: Page 1952-59, June 30 _"_ ._. 669 1958 and 1959, June 30 667 1959, June 30 668, 671 Description ' 671 Transactions 667 Public enterprise fund receipts and expenditures 1958 and 1959 402 State rural rehabilitation funds, investments 572 Federal aid to States, expenditures: 1930, 1940, 1950, and 1959 by appropriation titles and agencies for: Individuals, etc 608-6 1 1 States and local units 604-609 1959 payments for selected programs by States and by agencies for: Individuals, etc 621 States and local units 612 Federal agencies and trust funds, governmental security holdings. See Government investment accounts. Federal Aviation Agency: Expenditures: 1958and 1959 380 1959 and estimates 1960 and 1961 16, 426 Federal aid payments to States and local units for Federal airport program : 1950 and 1959 608 1959 by States 620 Personal and real property inventory 692 Federal Boating Act of 1958, provisions 146 Federal Bureau of Investigation expenditures 394 Federal Civil Defense Act of 1950 (Secretary of the Treasury) operations: Interest paid to Treasurer 688 Lending activities 89 Loans outstanding 680 Obligations held by Treasury : 1954-59, June 30 1 669 1958 and 1959, June 30 667 1959, June 30 668, 672 Description 672 Transactions 667 Federal Coal Mine Safety Board of Review expenditures 380 Federal Communications Commission expenditures 380 Federal Crop Insurance Corporation: Capital stock owned by United States 528 Receipts and expenditures 1958 and 1959 386, 402 Federal Deposit Insurance Corporation: Borrowing power 668 Investments: 1952-59 570 1958and 1959 414 Personal and real property inventory 692 Securities held in custody of Treasurer of United States 125 Treasury notes issued to: Interest, computed rate 453 Issues and redemptions: 1958 and 1959 and monthly 1959 478, 482 1959 492 Outstanding: 1952-59, June 30 449 1958 and 1959, June 30 492 1959, June 30 453, 463 Description 463 714 INDEX Federal disability insurance trust fund: Page Bonds and certificates engraved, printed, and delivered 644 Certificates of indebtedness, Treasury notes, and Treasury bonds issued to: Interest, computed rate 453 Issues and redemptions: 1958 and 1959 and monthly 1959 _ ._ 478 482 1959 492 Outstanding June 30: 1957-59 449 1958 and 1959 492, 580 1959 453, 464 Description 464 Investments 414, 421, 428, 570, 580 Receipts and expenditures: 1957-59 421 1958 and 1959 406, 412 1 959 and cumulative 580 1959 and estimates 1960 and 1961 427 Statement 580 Transfers to: 2957_59 ^10 1 958 and '1 959 _"_."_ " "r_V_V_V.V_"_V_".V_V_V_V.V 87374, 406 1959 and estimates 1960 and 1961 13, 425 Federal employees: Insurance fund: Investments 414, 421, 570 Receipts and expenditures: 1958 and 1959 408 1959 and cumulative 578 Statement 578 Retirement funds 404, 408, 414, 421, 422, 427, 428, 570 Surety bonds, status of coverage 105 Withholding of State income taxes from compensation 47, 111 Federal Facilities Corporation securities owned by United States 682 Federal farm loan bonds 644 Federal Farm Mortgage Corporation: Dividends paid to Treasury 688 Obligations held outside Treasury: 1952-59, June 30 451 1959, June 30 39,471 Market transactions (net) 1958 and 1959 and monthly 1959 416 Principal and interest paid by Treasurer of United States as agent 1 125 Receipts and expenditures 1958 and 1959 380, 401 Federal Home Loan Bank Board: Expenditures 380, 426 Personal and real property inventory 692 Public enterprise fund receipts and expenditures 1958 and 1959 401 Federal home loan banks: Borrowing power 668 Certificates of indebtedness and Treasury notes issued to: Interest, computed rate 453 Issues and redemptions 1958 479, 483 Outstanding June 30: 1952-59 449 1958and 1959 492 1959 453,465 Description 465 Investments: 1952-59 572 1958 and 1959 414 Notes and bonds engraved, printed, and delivered 644 Obligations (not guaranteed) : Market transactions (net) 1958 and 1959 and monthly 1959 416 Principal and interest paid by Treasurer of United States as agent 125 INDEX 715 Federal Housing Administration: Page Debentures engraved, printed, and delivered 644 Investments: 1952-59 571 1955-59 572 1958and 1959 414 Obligations held outside Treasury: 1952-59, June 30. Federal intermediate credit banks: Capital stock owned by United States: Amount, June 30, 1958 and 1959 666 Repayments 40, 666 Debentures engraved, printed, and delivered 644 Franchise tax paid to Treasury 688 Investment fund, receipts and expenditures 1958 and 1959 380, 401 Investments: 1952-59 572 1958 and 1959 414 Obligations, market transactions (net) : 1958 and 1959 and monthly 1959 416 1959 428 Payments to Treasury 532 Trust enterprise funds 408 Federal land banks 125,414,416 Federal lending agencies. See Corporations and certain other business- type activities of U.S. Government. Federal Mediation and Conciliation Service expenditures 380 Federal National Mortgage Association: Borrowing power 668 Capital stock owned by United States 666 Dividends, interest, and profits paid to Treasury 688 Investments: 1952-59 572 1958 and 1959 414 Loans outstanding 679 Notes and debentures engraved, printed, and delivered 644 Obligations: Held by Treasury: 1952-59, June 30 669 1958 and 1959, June 30 666 1959, June 30 668, 670 Description 670 Transactions 666 716 INDEX Federal National Mortgage Association — Continued Obligations — Continued Held outside Treasury, transactions (net) : Page 1958 and 1959 416 1959 and estimates 1960 and 1961 428 Principal and interest paid by Treasurer of United States as agent. 125 Public enterprise fund receipts and expenditures 1958 and 1959 401 Receipts and expenditures 1958 and 1959 384, 410 Securities owned by United States 667 Federal old-age and survivors insurance trust fund: Bonds engraved, printed, and delivered 644 Certificates of indebtedness, Treasury notes, and Treasury bonds issued to: Interest, computed rate 453 Issues and redemptions: 1958 and 1959 and monthly 1959 478, 482 1959 : 493 Outstanding: 1952-59, June 30 450 1958 and 1959, June 30 493, 582 1959, June 30 453, 466 Description 466 Investments 414, 421, 428, 570, 582 Receipts and expenditures: 1952-59 421 1958 and 1959 406, 412 1959 and cumulative 582 1959 and estimates 1960 and 1961 427 Statement 582 Transfers to: 1952-59 418 1958 and 1959 8, 374, 406 1959 and estimates 1960 and 1961 13, 425 Federal Power Commission expenditures 380, 608, 6 1 9 Federal Prison Industries, Inc.: Earnings paid to Treasury 688 p]xpenditures 394 Federal Prison System expenditures 394 Federal real and personal property. See Property, Federal. Federal Reserve Bank notes: In circulation. Federal Reserve Banks, and Treasury, and stock 562, 564, 565, 567, 568 Redeemed and outstanding 569 Federal Reserve Banks: Federal security holdings: 1941-59, June 30 34 1952-59, June 30 557,558 1959 changes 34, 36 Franchise tax paid to Treasury 1918-33 532 Industrial loans, authorization repealed and advances repaid 110 Interest on unredeemed Federal Reserve notes deposited in Treasury. _ 9, 110, 437 Money held by and for 564, 566, 569 Paper currency, destruction of unfit 121 Treasury deposits 121, 122, 562 Federal Reserve notes: Engraved, printed, and delivered 644 In circulation. Federal Reserve Banks, and Treasury, and stock 562, 564, 565, 567, 568 Interest charges on unredeemed notes deposited in Treasury 9, 110, 437 Issued, redeemed, and outstanding 569 Outstanding 1946-59 472 Redemption fund 562 Unissued stocks, audit function transferred to Bureau of Accounts. _ 100, 356 INDEX 717 Federal Reserve System: Page Government securities market study 284-298 Joint statement by Secretary of the Treasury Anderson and the Chairman of the Board of Governors of the Federal Reserve System on the Government securities market 286 Federal Savings and Loan Insurance Corporation: Borrowing power ggg Capital stock owned by United States: 1958, June 30 _ 666 Repayments '_/___ 4q qqq Interest paid to Treasury ' 688 Investments: 1952-59 570 1958 and 1959 l.'.ll 414 Receipts and expenditures 1958 and 1959 380, 401 Treasury notes issued to: Interest, computed rate 453 Issues and redemptions: 1958 and 1959 and monthly 1959- _. _.. Federal Unemployment Tax Act. See Employment taxes. 718 INDEX Fees, etc.: Pa^e Increase proposal 9, 15 Receipts 1959 and estimates 1960 and 1961 425 Financing, Treasury. See Fiscal operations; Public debt. Fine Arts, Commission of, expenditures 392 Fines, penalties, and forfeitures, receipts 1959 and estimates 1960 and 1961- 425 Finland, payments on World War I indebtedness 106, 658 Firearms, shells, and cartridges, taxes 424 Fiscal Assistant Secretary 96 Fiscal operations (general) : 1932-59 and monthly 1959 366 Public debt, effect on, 1959 and estimates 1960 and 1961 429 Summary 5 Fiscal Service: Administrative reports 96-125 Management improvement program 71, 101, 109, 112, 120 Fish and Wildlife Service expenditures 394, 402 Fisheries loan fund 680 Fishing rods, creels, etc., taxes 424 Flood insurance 668 Flood prevention and watershed protection expenditures 384 Food and Drug Administration expenditures 390 Foreign Agricultural Service expenditures 386 Foreign assets control 65, 108, 111, 135 Foreign coins manufactured by United States 137 Foreign Commerce, Bureau of, expenditures 388 Foreign and international accounts, Federal security holdings 35, 52, 651 Foreign assistance by United States (see also Development Loan Fund; Export-Import Bank; Foreign government indebtedness to United States; International Bank for Reconstruction and Development; International Cooperation Administration; International Development Association; International Finance Corporation; International financial and monetary developments; International Monetary Fund; Mutual security) : Economic, technical, and other aid 16, 49, 106, 378 Military assistance 16, 378 Nonmilitary assistance 51 United States credits outstanding, indebtedness by area, country, and type, June 30, 1959 660 Foreign business corporation, tax deferral proposal 308 Foreign central banks, tax exemptions, proposal 48 Foreign Claims Settlement Commission 66, 107,380 Foreign currencies: Acquired without purchase with dollars: Accounting control 99 Balances held by United States, by countries and currencies.. 657 Laws relating to acquisition and use 655 Loans to foreign countries 61 Transactions and balances, summary 99, 655 Under Agricultural Trade Development and Assistance Act of 1954 - - 61,99,655 Under informational media guaranties 655 Under lend-lease and surplus property agreements (World War II) 106,662 Under Mutual Security Act of 1958_-__ 99 European movement to external convertibility 53, 63, 341 Exchange stabilization fund earnings 654 Inconvertibility 53, 341 International Development Association, financing proposal 338 Loans outstanding 679 Foreign depositaries. Treasury deposits 562 Foreign exchange restrictions 53 Foreign financial polic}\ See International financial and monetary developments. I INDEX 719 Foreign government indebtedness to United States: Foreign obligations held in custody of the Treasurer of the United I'age States _ _ _ 125 France, postponement of payment for lend-lease and surplus property purchases 106 Germany: Postwar (World War II) economic assistance, interest payments. 107 World War I, under agreements of 1930, 1932, and 1953 and payments on lOg, 659 Lend-lease and surplus property agreements (World War II), amounts billed, collected, and balances due, by countries 106, 662 Outstanding on United States Government credits (excluding World War I), by area, country, and major program 59, 660 Statutory debt retirements from repayments 1919-39 532 United Kingdom: Lend-lease and surplus property obligations 663 Postwar (World War II) credit to 106 World War I by countries and payments 658 Foreign investment guaranty fund 378, 401, 668 Foreign investments in the United States '__ 51, 59 Foreign loans receivable held by Government agencies 680 Foreign service retirement and disability fund: Certificates of indebtedness issued to: Interest, computed rate 453 Issues and redemptions: 1958 and 1959 and monthly 1959 _ 478, 482 1959 493 Outstanding June 30: 1952-59 450 1958 and 1959 493,584 1959 453,467 Description 467 Investments 570, 584 Receipts and expenditures: 1958 and 1959 and monthly 1959 406, 410 1959 and cumulative 584 Statement 584 Foreign trade of dollar countries, discriminatory restrictions against 53, 341 Foreign trade of United States. See Customs; International financial and monetary developments. Foreign trade zones 83 Forest Service expenditures 388 Forgery. See U.S. Secret Service, Law enforcement activities. Fort Peck project receipts and expenditures 392, 402 Fountain pens and pencils, taxes 424 Fractional currency 468, 504 France : Financial aid to 63 Postponement of payment for lend-lease and surplus property pur- chases 106 Freedmen's Hospital expenditures 390 Funds appropriated to the President: Expenditures : 1958 and 1959 and monthly 1959 376, 401, 404, 408 1959 614 1959 and estimates 1960 and 1961 426 Personal and real property inventory 692 Furs tax 424, 433 G Gallaudet College expenditures 390 Gasoline tax 12,43,423,432 General Accounting Office expenditures 380 General Agreement on Tariffs and Trade (G ATT) 54, 342 General fund receipt and expenditure accounts, explanation 364 720 INDEX General government: Page Expenditures 15, 420 Personal and real property inventory 691 General Services Administration: Borrowing power 668 Earnings and profits paid to Treasury 688 Expenditures: 1958 and 1959 and monthly 1959 382 1959 and estimates 1960 and 1961 16, 426 Federal aid to States, 1950 and 1959 by appropriation titles for: Individuals, etc 610 States and local units 607 Loans outstanding 680 Obligations held by Treasury: 1954-59, June 30 669 1958 and 1959, June 30 667 1959, June 30 668, 673 Description 673 Transactions 667 Personal and real property inventory 692 Public enterprise fund receipts and expenditures 1958 and 1959 382, 401 Securities owned by United States 682 Trust account receipts and expenditures: 1958and 1959 410 1958 and 1959 and monthly 1959 404 Geological Survey expenditures 394 Germany: Awards of Mixed Claims Commission to United States and its nationals: Foreign exchange restrictions removal 53 Indebtedness and payments 108, 646, 659 Payments by classes of awards 646 Indebtedness to United States: World War I 108, 659 World War II 660, 662, 664 Loan to 61 Postwar (World War II) economic assistance, repayments 60, 106, 662 Gift tax 430 Gifts, donations, and contributions, receipts: 1959 109 1959 and estimates 1960 and 1961 425 Gold: Acquisitions 138 Assets and liabilities in account of Treasurer of United States 562 Balance in general account of Treasurer of United States 121, 562 Certificate fund. 