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tion of $2.8 million during the month, occasioned by more disposals than acquisitions. Details of just how much of what is in the national stockpile are secret, although industrial circles usually are able to arrive at reasonably public production and purchase accurate estimates from various figures.
Disposals from the national stockpile, according to the General Services Administration, consist of “sale of materials that by their nature would deteriorate if held in storage for lengths of time; and sale of materials have been determined to be obsolete or excess to the needs of Government.”
In addition to the basic national stockpile, GSA is custodian and manager of various other stockpiles, apart from the farm surpluses of the Agriculture Department. Under various purchase programs set up by law, it buys substantial amounts of various metals and miiierals in the United States, "in order to expand productive capacity and supply”. It also has in storage, on lease or loan a relatively small quantity of machine tools, \alued at $6.3 million. Overall GSA holdings were reduced $5.3 million in the month covered by the Committee report. leaving $8.4 billion worth on hand.
64.7%