Air Force-controlled properties outside the Continental United States, on the basis of cost, amounted to $4.0 billion at 30 June 1959 as compared with $3.4 billion at the previous year end. The overseas amount was 35.3 percent of the world-wide Air Force real property cost. Of Air Force properties outside Continental United States 67.2 percent was located in foreign countries. About 71 percent of the Department

of Defense investment in real property in foreign countries was under

Air Force control.

Air Force-controlled properties in many foreign countries represented leases of relatively small acreages. Foreign base rights of varying types in 32 different countries involved 1.7 million acres of land. Acreage controlled by Air Force in Alaska, Hawaii and possessions amounted to 2.1 million acres. Airfield pavements constituted the

single largest Air Force investment outside the Continental United States.

The cost of work in place, as reported by the military departments, on construction projects which had been started but not completed and transferred to the inventory is shown by geographical area in Table 30. The cost reported represents the cost of labor and materials incorporated on the construction projects. The Federal Government has a property interest in these projects most of them are being build on Government

owned land.

Against this property interest the military departments have made cash payments in the form of progress payments to the contractors and

Table 30.--Cost of Work in Place on Construction in Progress

- by Military Department and Location

the unpaid balance due for the work completed by the contractor is carried as accounts payable.

Upon satisfactory completion of the project and acceptance by

the military department, the total cost of the completed project is added to the Real Property Inventory Account of the respective

department.

Section A

PART II MILITARY PERSONAL PROPERTY

Inventory of Military Equipment and Supplies in the
Consolidated Supply Systems and in Stock Funds

1. General

This section of the report deals with the inventories in the supply systems of the military services. For each of the four military services, dollar data are presented in terms of the major purposes for which the supplies and equipment are held, e.g., peacetime operating stock, mobilization reserve stock, economic retention stock, contingency retention stock, excess stock not yet transferred to property disposal, and claimant stock. The inventories are also subclassified into broad commodity categories representing families of similar kinds of items.

Inventories are accounted for in the supply systems of the military services from the time of acceptance by the service until they have been issued to a using unit. The supply system inventories are those being held in the storage or warehousing facilities of the military service for issue to the consumer. They constitute that segment of the over-all materiel supply system which is defined in the Joint Chiefs of Staff dictionary as the "phase of military supply which extends from receipt of finished supplies by the military services through issue for use or consumption".

The stocks are physically located at depots, posts, camps, stations and bases in the Continental United States, Alaska, Hawaii and possesions, and in foreign countries. They are stored in warehouses, open storage spaces, ammunition dumps, fuel tanks, etc.

Supply items which have been issued to the consuming military units,