TABLE 99.-Summary of receipts, withdrawals, and balances of nonpurchased foreign currencies, acquired by the U.S. Government without direct payment of dollars, fiscal 1972 [In U.S. dollar equivalents] Balances held by the Department of the Treasury, July 1, 1971. Title I, Public Law 480, Agricultural Trade Development and Title I, Public Law 480, loan repayments, including interest: Sec. 612, Foreign Assistance Act of 1961 (22 U.S.C. 2362) loan Lend-lease and surplus property agreements (22 U.S.C. 412b and Bilateral agreements 5 percent and 10 percent counterpart funds (22 U.S.Č. 1852(b)) Interest on depositary balances.. All other sources... Total sold for dollars... Requisitioned for use without reimbursement to the Treasury pursuant to: 351, 772, 247. 58 Sec. 104, Public Law 480, as amended (7 U.S.C. 1704).. Total requisitioned without reimbursement. Total withdrawals. Adjustment for rate differences... Balances held by Treasury, June 30, 1972.. Balances held by the Department of the Treasury, June 30, 1972: Proceeds for credit to miscellaneous receipts of the general fund.......... Commodity Credit Corporation, Agriculture.. For program allocations: Sec. 104, title I, Public Law 480, as amended.. Total balances held by Treasury, June 30, 1972. ----- Balances held by other executive agencies June 30, 1972, for purpose of: Program uses under Agricultural Trade Development and Assistance Act... Trust agreements with foreign countries.. Loans to private enterprises, Foreign Assistance Act.. Economic and technical assistance under Mutual Security Act.. Total balances held by other executive agencies........ 250, 740, 273. 07 -15, 971, 731.60 234, 768, 541.47 586, 540, 789, 05 -58, 799, 940. 02 1,560, 994, 101. 59 751, 447, 080.31 526, 677, 880.67 -67, 170, 898. 59 350,040, 032. 20 1,560, 994, 101. 59 264, 310, 534.34 17, 219, 811.95 9,868, 421.05 3,857,025, 32 3,685, 375. 12 1,590, 030. 29 300, 531, 198, 07 1,861, 525, 209, 66 1 Collections under lend-lease and surplus property agreements 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continue to be made until such agreements are satisfied, although the act originally authorizing such action has been repealed. 2 Includes special letters of credit activity amounting to $185,000.00. Dollars acquired from the sale of foreign currencies are derived from charges against the dollar apprepriations of the Federal agencies which use the currencies. These dollar proceeds are credited to either miscellaneous receipts or other appropriate accounts on the books of the Treasury. NOTE. For the purpose of providing a common denominater, the currencies of 106 foreign countries 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 currencies deposited under certain provisions of Public Law 480 and the Mutual Security Act were converted at deposit rates provided for in the international agreements with the respective countries. Many of these currencies are available to agencies without reimbursement pursuant to legislative authority and. when disbursed to the foreign governments, will generally be accepted by them at the deposit or collection. rates. The dollar equivalents of currencies sold for dollars during the month were calculated at the prevailing market rates used to pay U.S. obligations. The closing balances were converted at the June 30, 1972 market rates. For additional data on foreign currency transactions, see part 5 of the "Combined Statement of Receipts, Expenditures and Balances of the United States Government for the Fiscal Year ended June 30, 1972" The above figures exclude country-owned foreign currencies, generally called "counterpart funds." TABLE 100.-Balances of nonpurchased foreign currencies acquired by the U.S. Government without direct payment of dollars, June 30, 1972 -18, 164, 89 250, 823. 04 121,399, 763. 30 -7, 472. 88 -94, 228. 44 -1,680. 10 -25, 572.93 -90, 179.61 -6,810.00 79, 804. 57 32, 042.69 253, 708. 55 49, 266, 634, 50 -2,500.00 1,278, 202, 854.00 -1,089.00 -6, 155. 22 -146, 536.67 -46, 071. 10 -179,936. 30 6, 267, 242, 159.23 367, 610, 510. 63 -2,069, 191, 00 -231. 16 6, 542, 899.71 -15, 999, 573.00 -1,209, 377.00 -1,322. 31 5,538, 994, 343.37 -1,512. 08 -934, 394, 84 158,384, 706. 45 35, 380, 757.60 -7,820.25 -123.67 -1, 410. 79 -9, 829.74 -3, 473, 749.00 -108.50 -36, 206. 38 62,962, 578.93 5,200,000.00 3, 400, 000, 00 -28, 332,80 -1,974.80 994, 660, 69 -13, 543. 53 -2,598. 70 338,622, 86 9,874.92 218, 502, 093. 78 -2,989. 15 -41, 273. 96 -6, 210. 04 -18, 014. 30 -3,546.88 25, 095.78 2,584. 09 200, 243. 53 1,642, 221, 15 -2,500.00 154, 834. 57 1,222. 36 3,385, 883.00 18, 164.89 143,320. 83 130, 560. 02 28,860, 907.74 7,472.88 94, 228. 44 1,680. 10 25, 572. 93 90, 179.61 6,810. 00 237, 415. 43 2,216, 683. 55 200, 669.00 2,500.00 5, 620, 944. 83 2,089, 685, 043.00 -547.51 -3, 077.61 -26, 322.38 -1, 535.70 -2, 065.38 824, 637, 126. 22 881, 559.97 -27, 136.93 -603.87 1,557, 833. 26 -27,490.68 -4, 837.50 -1,728.06 18, 166, 593. 44 -4, 221.33 --130, 977. 69 1,060, 138. 61 89, 707.81 -2, 551. 47 -381. 23 -1, 801. 78 -3,529.53 -6,933. 63 -21.67 -2,898, 83 13,657,826. 24 684, 210. 53 321, 969. 70 -8,809.95 -1, 120. 77 1,089.00 5,000.00 8,372, 50 146, 536. 67 46,071. 10 179,936. 30 879, 274, 730. 57 175, 955, 359. 13 2,407,796.00 231.16 10, 163, 199. 39 703, 820, 997. 00 1,209, 377.00 3,707.31 15,919, 892.00 1,512. 08 934, 394. 84 507, 422,637.98 467, 076, 962. 19 955, 184, 326. 00 7,820.25 123.67 1, 410. 79 9,829.74 3, 473, 749.00 108. 50 62, 913.99 2,608, 630. 33 76,037, 411. 37 6, 133. 87 28, 332. 80 1,974. 80 18, 067. 04 3,208.30 13, 543. 53 2,598. 70 143, 320.83 5, 140. 16 51,945, 478.30 2,989. 15 41, 273. 96 2, 119. 47 6, 210. 04 18, 014. 30 3,546. 88 74, 658. 94 1,749, 552. 91 6,688.97 2,500.00 9, 189, 468. 09 547.51 1,000.00 4, 186. 25 26, 322. 38 1,535.70 2, 065.38 115, 694, 043. 49 421,955. 30 31, 577.65 603.87 2,419, 809.37 1, 209, 314. 43 4,837.50 4,844. 89 52, 213. 49 4, 221.33 130, 977. 69 3,396, 403. 20 1, 184, 272.23 1,578, 817.07 2, 551.47 381.23 1, 801. 78 3,529. 53 6, 933. 63 21.67 5,037. 15 565, 863. 40 10,004,922, 55 580.86 8,809.95 1, 120.77 See footnotes at end of table. TABLE 100.-Balances of nonpurchased foreign currencies acquired by the U.S. Government without direct payment of dollars, June 30, 1972-Continued 1 For the purpose of providing a common denominator, the currencies of the above foreign countries 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. Armenia. Austria 1 Belgium.. Cuba.. Indebtedness of Foreign Governments TABLE 101.-Indebtedness of foreign governments to the United States arising from World War I as of June 30, 1972 Czechoslovakia. Estonia. Finland. Latvia. $11,959, 917. 49 26, 000, 00 141, 950. 36 $31,577, 045. 30 44, 058.93 360, 464, 720. 47 2,286, 751.58 24, 732, 430. 01 4,532, 680. 26 10, 471. 56 26, 625, 48 Total $43, 536, 962, 79 3 38, 852, 523. 93 5,089, 852. 01 36, 471. 56 168, 575. 84 1 The Federal Republic of Germany has recognized liability for securities falling due between March 12, 1938, and May 8, 1945. Finland pursuant to 22 U.S.C. 2455 (e). 2 $8,480,090.26 has been made available for educational exchange programs with Includes $13,155,921 refunded by the agreement of May 28, 1964. The agreement was ratified by Congress November 5, 1966. 4 Interest payment from Dec. 15, 1932, to June 15, 1937, were paid in pengo equivalent. 7 Excludes payment of $100,000 on June 14, 1940, as a token of good faith. 8 Principally proceeds from liquidation of Russian assets in the United States. • Includes $12,813,601.32 on agreement of May 28, 1964. TABLE 102.-Status of German World War I indebtedness as of June 30, 1972 1 Agreement of Feb. 27, 1953, provided for cancellation of 24 bonds totaling 489,600,000 Reichsmarks and issuance of 26 dollar bonds totaling $97,500,000. The dollar bonds mature serially over 25 years beginning Apr. 1, 1953. All unmatured bonds are of $4 million denomination. Includes 4,027,611.95 Reichsmarks (1,529,049.45 on moratorium agreement (Army costs) and 2,498,562.50 interest on funded agreement) deposited by German Government in the Konversionskasse fur Deutsche Auslandschulden and not paid to the United States in dollars as required by the debt and moratorium agreement. 73,500,000.00 24,000,000.00 24,000,000.00 The unpaid portion of this indebtedness is converted at 40.33 cents to the Reichsmarks, which was the exchange rate at the time of default. The 1930 agreement provided for a conversion formula for payments relating to the time of payment. These figures are estimates made solely for this statistical report. Payments converted to U.S. dollars at rate applicable at the time of payment; i.e., 40.33 or 23.82 cents to the Reichsmark. |