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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."

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)

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Table 1.-Strategic and critical materials inventories (all grades), May 1964—Continued

(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)

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(3)

37, 170

13,925,000

13,925,000

Defense Production Act.

Long dry ton..

879, 740

879, 740

18, 168,000

18, 168, 000

..do.

Supplemental-barter.

1,370, 077

1,370, 077

89, 399, 100

89, 399, 100

do.

5,780, 590

5,780, 590

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Table 1.-Strategic and critical materials inventories (all grades), May 1964-Continued

(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)

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1,176,000

14,437, 862

Defense Production Act.

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523, 696, 600 55, 109, 700 8, 252, 100 587,058, 400

523, 735, 000 54,641, 800 8, 252, 100 586, 628, 900

+38, 400 -467, 900

Short ton.

1,008,037

1,008,039

+2

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-429,500

do.

1,119, 241

1,118, 384

-857

775,000

343, 384

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