35 1 2 3 4 to the same extent as if such Act had not been repealed, but any materials acquired pursuant to such contract shall be come a part of the national stockpile. (c) Any disposal plan authorized pursuant to the pro5 visions of the Strategic and Critical Materials Stock Piling 6 Act, as amended, and which has not been fully executed 7 on the date of enactment of this Act, shall be carried out 8 by the Administrator of General Services under authority of 9 this Act, without regard to provisions of subsection (a) 10 hereof. [Senate Committee Print No. 54, Joint Committee on Reduction of Nonessential Federal Expenditures] FEDERAL STOCKPILE INVENTORIES MAY 1964 INTRODUCTION This is the 54th in a series of monthly reports on Federal stockpile inventories. It is for the month of May 1964. The report is compiled from official data on quantities and_cost value of commodities in these stockpiles submitted to the Joint Committee on Reduction of Nonessential Federal Expenditures by the Departments of Agriculture, Defense, Health, Education, and Welfare, and Interior, and the General Services Administration. The cost value of materials in inventories covered in this report, as of May 1, 1964, totaled $13,541,094,770, and as of May 31, 1964, they totaled $13,457,315,891, a net decrease of $83,778,879 during the month. Different units of measure make it impossible to summarize the quantities of commodities and materials which are shown in tables 1, 2, 3, 4, and 5, but the cost value figures are summarized by major category, as follows: Summary of cost value of stockpile inventories by major category 1 Cotton inventory valued at $128,409,100 withdrawn from the national stockpile and transferred to Commodity Credit Corporation for disposal, pursuant to Public Law 87-548, during August 1962. 81 Detailed tables in this report show each commodity, by the major categories summarized above, in terms of quantity and cost value as of the beginning and end of the month. Net change figures reflect acquisitions, disposals, and accounting and other adjustments during the month. The cost value figures represent generally the original acquisition cost of the commodities delivered to permanent storage locations, together with certain packaging, processing, upgrading, et cetera, costs as carried in agency inventory accounts. Quantities are stated in the designated stockpile unit of measure. Appendix A to this report, beginning on page 19, includes program descriptions and statutory citations pertinent to each stockpile inventory within the major categories. The stockpile inventories covered by the report are tabulated in detail as follows: Table 1. Strategic and critical materials inventories (all grades), May 1964 (showing by commodity net changes during the month in terms of cost value and quantity, and excesses over stockpile objectives in terms of quantity as of the end of the month). Table 2.-Agricultural commodities inventories, May 1964 (showing by commodity net changes during the month in terms of cost value and quantity). Table 3.-Civil defense supplies and equipment inventories, May 1964 (showing by item net changes during the month in terms of cost value and quantity). Table 4.-Machine tools inventories, May 1964 (showing by item net changes during the month in terms of cost value and quantity). Table 5.—Helium inventories, May 1964 (showing by item net changes during the month in terms of cost value and quantity) New stockpile objectives The Office of Emergency Planning is in the process of establishing new objectives for strategic and critical materials. Table I of this report reflects the new objectives established between May 1963 and April 1964 for 79 materials, based on essential needs in the event of a "conventional war emergency". Appendix B, beginning on page 22, contains excerpts from Office of Emergency Planning statements setting forth the new policy and current studies with respect to objectives for strategic and critical materials required for "conventional war emergency" and "nuclear war emergency." |