Table 38.--Stock Fund Inventories by Inventory Strata and Category as of 30 June 1960 1 Excludes excess stocks for which disposal or screening action has been authorized or initiated. These are included in Table 44. Stock Fund inventories were Ordnance-Tank-Automotive and General Supply with $142 million and $90 million respectively. Together these two categories accounted for 64.4 percent of the total Stock Fund inventories. On 30 June 1960, 13.0 percent of the distributed Marine Corps Stock Fund inventories was classified as Peacetime Operating; 16.5 percent as Mobilization Reserve; 39.5 percent as Economic Retention; 5.3 percent as Contingency Retention; and 25.7 percent as Excess stocks. 6. Air Force Supply System Inventories (Table 39) The total value of Air Force supply system inventories at the end of the fiscal year was $12.3 billion of which Stock Fund inventories represented 3.1 percent. As heretofore, Stock Fund in-transit and spare engines in transit are reported in total, but not distributed among inventory strata. In this report, for the first time, there is included in the total more than $500 million of other stocks in transit from procurement or between storage locations. On 30 June 1960, the category of Aircraft Components comprised about 50 percent of the total Air Force inventories; Spare Engines constituted 20.4 percent; and Weapons Ammunition and Propellants, the third largest category, accounted for an additional 7.7 percent. As of the end of fiscal year 1960, 60.7 percent of the distributed portion of the Air Force supply system inventories was classified as Peacetime Operating; 4.4 percent as Mobilization Reserve; 20.8 percent as Economic and Contingency Retention and 14.1 percent as Excess stocks (Chart 11). Table 39.--Supply System Inventories (including Stock Funds) as of 30 June 1960 DEPARTMENT OF THE AIR FORCE TOTAL Aircraft Ground Handling and Weapons, Ammunition and Propellants Telegraph Miscellaneous Materiel (Under $10.00 नोलोले Excludes excess stocks for which disposal or screening action has been authorized or initiated. 2 Stocks in Transit. These are included in Table 44. Stocks in the hands of contractors are included in the stratified inventory, but are not identifiable separately. Air Force Stock Fund Inventories (Table 40) Included in $12.3 billion supply system inventories shown in Table 39 are $0.4 billion carried in the Air Force Stock Fund. These inventories, as of 30 June 1960, are shown by inventory strata and category in Table 40. The largest category in the Air Force Stock Fund inventories was Aviation Fuels which accounted for $196 million or 50.3 percent of the total. Of the distributed portion of the Air Force Stock Fund inventories at the end of the fiscal year, 45.9 percent was classified as Peacetime Operating; 36.6 percent as Mobilization Reserve; 12.1 percent as Economic Retention and 5.4 percent as Excess stocks. 1. Section B - Military and General Equipment Issued for Use General Quantitative property records as well as monetary accounting records of equipment on the items taken from the supply system and issued to units for use are maintained by the Navy and the Air Force. Army does not include its issued stocks and equipment in its accounting system but it does use a periodic statistical report of the priced-out quantities of the major items to develop estimates of monetary value. Effective 1 July 1960, however, the Army published a regulation, AR 735-20, which establishes accounting procedures for reporting value of capital equipment (excluding military items in tactical organization or units) at Army installations and activities in the United States (except Alaska and Hawaii). The regulation states that these procedures are to be extended to overseas locations at a later date. The total value of equipment in use reported by the military depart |