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REPORT OF THE RECONSTRUCTION FINANCE CORPORATION FOR THE FIRST QUARTER OF 1937, ETC. LETTER FROM THE CHAIRMAN OF THE RECONSTRUCTION FI- NANCE CORPORATION TRANSMITTING A REPORT COVERING THE OPERATIONS OF THE RECONSTRUCTION FINANCE CORPOR- ATION FOR THE FIRST QUARTER OF 1937, AND FOR THE PERIOD FROM THE ORGANIZATION OF THE CORPORATION ON FEBRUARY 2, 1932, TO MARCH 31, 1987, INCLUSIVE Jun 23, 1937.-Referred to the Committee on Banking and Currency and ordered to be printed. RECONSTRUCTION FINANCE CORPORATION, Washington, June 21, 1937. The SPEAKER OF THE HousE oF REPRESENTATIVES. Srn: Pursuant to the provisions of section 15 of the Reconstruction Finance Corporation Act, as amended, the Reconstruction Finance Corporation has the honor to submit the following report covering its operations for the first quarter of 1937, and for the period from the organization of the Corporation on February 2, 1932, to March 31, 1937, inclusive. OPERATIONS--FIRST QUARTER OF 1937 During the first quarter of 1937 the operations of the Corporation '\lrere as follows: Under section 5 of the Reconstruction Finance Corporation Act, as amended, 111 loans were authorized, which, together with increasesin loans previously approved, aggregated $38,635,549.38, as follows: $28,959,890.88 to banks and trust companies (including $28,625,087.45 to aid in the reorganization or liquidation of closed banks); $321,017.93 to the receivers of a building and loan association; $3,802,913.29 to mortg-age loan companies; $466,000 to joint-stock land banks; $30,727.28 to an agricultural credit corporation; $5,000,000 to a railroad; and $55,000 to a borrower engaged in the fishing industry. [nder section 5c of the Reconstruction Finance Corporation Act, as amended, a subscription for stock of a mortgage loan company in the amount of $5,000,000 was authorized. l" ndcr section 5d of the Reconstruction Finance Corporation Act, as amended, the Corporation made 89 authorizations to industrial or commercial business. These authorizations, together with increases 1113608-37-1 Digitized by Google 2 REPORT OF RECONSTRUCTION FINANCE CORPORATION in authorizations previously made, aggregated $7,834,842.93, as follows: loans, $6,661,859.60; purchases of participations, $816,333.33; and agreements to purchase participations, $356,650. Under section 5e of the Reconstruction Finance Corporation Act, as amended, 10 loans on the assets of closed banks and trust companies were authorized, which, together with an increase in a loan previously approved, aggregated $335,004.52. . Under the Emergency Relief and Construction Act of 1932, as , amended, two loans were authorized, aggregating $405,000, as follows: · Under section 201 (a) (1), title II, one loan in the amount of $5,000; and under section 201 (d), title II, one loan in the amount of $400,000. Under section 304, title III, of the act approved March 9, 1933, as amended, the Corporation made 12 authorizations. These authorizations, together with an increase in an authorization previously made, aggregated $26,097,500, as follows: Loan on the preferred stock of a bank, $100,000; subscriptions for preferred stock of banks, $25,977,500, and purchases of capital notes or debentures of banks, $20,000. Under section 36, title II, of the Emergency Farm Mortgage Act of 1933, as amended, 69 loans to or for the benefit of drainage, levee, irrigation, and similar districts, etc., were authorized, which, together with increases in loans previously approved, aggregated $4,693,431.76. Under the act approved April 13, 1934, as amended, 13 loans to finance the repair of damage by earthquake, flood, or other catastrophe were authorized, which, together with increases in loans previously approved, aggregated $43,725. Under section 14 of the act approved June 19, 1934, as amended, which empowers the Corporation to make mining loans, etc., nine loans aggregating $963,000 were authorized. Under the act approved August 24, 1935, two loans to tax-supported public-school districts, or other similar authorities in charge of public schools, aggregating $168,500 were authorized. Summarizing the foregoing, 318 authorizations were made during the first quarter of 1937. These, together with increases in authorizations previously made, aggregated $84,176,553.59. Cancelations or withdrawals aggregated $126,418,004.55. Disbursements during the first quarter of 1937 were $80,258,157.39; and repayments, $150,874,182.69. The decrease in the amount outstanding on March 31, 1937, as compared with December 31, 1936, was $70,616,025.30. OPERATIONS-FEBRUARY 2 1 1932 1 TO MARCH 31 1 1937 7 INCLUSIVE During the entire period from the organization of the Corporation on February 2, 1932, to March 31, 1937, inclusive, the following were authorized: Under section 5 of the Reconstruction Finance Corporation Act, as amended, 19,432 loans to 9,127 institutions, aggregating $4,488,513,352.57, were authorized, as follows: $2,462,453,535.38, to 7,367 banks and trust companies (including $1,122,490,906.82 to aid in the reorganization or liquidation of closed banks); $146,297,731.18, to 1,011 building and loan associations (including $24,393,087.14 to receivers of closed building and loan associations); $103,006,858.28, to 133 insurance companies; $500,858,839.15, to 409 mortgage loan companies; $642,967.80, to 7 credit unions; $399,636,000, to 12 Digitized by Google , .. ~ :· ,.: ~' ' REPORT OF RECONSTRUCTION FINANCE CORPORATION 3 Federal land banks (including $193,618,000 representing refinancing of loans previously made by the Corporation to Federal land banks for different individual amounts but in the same aggregate amount); $24,221,572.68, to 26 joint-stock land banks; $9,250,000, to 8 Federal intermediate credit banks; $6,120,867.59, to 20 agricultural credit corporations; $178,840,452.48 (rediscounts), to 12 regional agricultural credit corporations and their branches; $14,758,827.88, to 20 livestock credit corporations; $628,519,795, to 74 railroads (including $18,946,708 to railroad receivers and $5,719,252 to trustees of railroads); $26,089.27, to 7 processors or distributors to pay processing taxes; $13,087,715.88, to a State fund created for the purpose of insuring repayment of deposits of public moneys; and $792,100, to 20 borrowers engaged in the fishing industry. Under section 5c of the Reconstruction Finance Corporation Act, as amended, five subscriptions for capital stock of three mortgage loan companies, a~gregating $26,750,000, were authorized. Under section 5d of the Reconstruction Finance Corporation Act, as amended, 2,321 authorizations to 2,097 industrial or commercial businesses, aggregating $152,231,531.62, were made as follows: Loans in the amount of $132,482,958.73 to 1,757 businesses; purchases of participations in the amount of $12,857,379 .16 in loans to 229 businesses; and agreements to purchase partieipations in the amount of $6,891,193.73 in loans to 111 businesses. Under section 5e of the Reconstruction Finance Corporation Act, as amended, 123 loans, aggregating $13,426,492.18, on the assets of 122 closed banks and trust companies, were authorized. Under the Emergency Relief and Construction Act of 1932, as amended, 816 authorizations to 331 applicants, aggregating $2,010,686,120.65, were made as follows: Under section 1, title I, $300,000,000 was made available to 42 States and 2 Territories for purposes of relief and work relief; under section 201 (a), title II, as amended, loans or contracts aggregating $339,217,487.36 were authorized to 176 applicants for self-liquidating projects, and loans aggregating $10,450,000 were authorized to six applicants for financing the repair or reconstruction of buildings damaged by earthquake, fire, tornado, or cyclone in 1933; under section 201 (c), title II, loans aggregating $53,370,955.22 were authorized to three applicants for the purpose of financing sales in foreign markets of agricultural surpluses; and under section 201 (d), title II, loans aggregating $1,307,647,678.07 were authorized to 102 applicants to aid in financing the carrying and orderly marketing of agricultural commodities hnd livestock, produced in the United States (includin~ authorizations of $1,222,108,664.99 to Commodity Credit Corporation). Under section 304, title III, of the act approved March 9, 1933, as amended, 8,500 loans on and subscriptions for preferred stock, and purchases of capital notes or debentures, of 6,822 banks and trust companies, aggregating $1,270,565,389, were authorized, as follows: Loans secured by preferred stock of 272 banks and trust companies, $23,374,755 ; subscriptions for preferred stock of 4,077 banks and trust companies, $816,733,634; and purchases of capital notes or debentures of 2,855 banks and trust companies, $430,457,000. Under section 5, title I, of the Agricultural Adjustment Act of 1933, as a.mended, two loans to the Secretary of Agriculture to acquire cotton aggregating $23,500,000, were authorized. Of this amount $20,200,000 was canceled. Digitized by Goog Ie 4 REPOHT OF HECO.NSTHUCTION FINANCE CORPORATION Under section 1 of the act approved June 10, 1933, as amended, 1 subscription for, and 11 loans on, the preferred stock of 10 insurance companies, aggregating $34,375,000, were authorized, as follows: Loans secured by preferred stock of nine insurance companies, $34,275,000; and a subscription for preferred stock of one insurllllce company, $100,000. Under section 36, title II, of the Emergency Farm Mortgage Act of 1933, as amended, 803 loans to or for the benefit of 612 drainage, levee, irrigation, and similar districts, etc., aggregating $130,891,033.25 were authorized. Under the act approved April 13, 1934, as amended, 687 loans to 656 borrowers to finance the repair of damage by earthquake, flood, or other catastrophe, aggregating $5,696,988.75, were authorized. Under section 14 of the act approved June 19, 1934, as amended, 114 loans to 108 borrowers engaged in the business of mining, milling, or smelting of ores, etc., aggregating $10,600,500, were authorized. Under section 16 of the act approved June 19, 1934, as amended, one loan of $22,500,000 for the purpose of payment of teachers' salaries was authorized. Of this amount $200,000 was canceled. Under the act approved August 24, 1935, 26 loans to 26 tax-supported public-school districts or other similar public-school authorities m charge of public schools, aggregating $2,006,800, were authorized. Under section 3 (a) of the Rural Electrification Act of 1936, one loan in the amount of $1,000,000 was authorized. Summarizing the foregoing, authorizations aggregating $8,192,743,208.02 were made during the period from February 2, 1932, to March 31, 1937, inclusive. Of this amount, $1,378,348,596.21 was -later withdrawn or canceled, and $6,245,281,775.57 was disbursed. Repayments amounted to $4,180,339,476.64, leaving $2,064,942,298.93 outstanding on the books of the Corporation at the close of March 31, 1937. In addition, the Corporation had outstanding on March 31, 1937, agreements to make authorizations, totaling $194,931,070.02, upon the performance of specified conditions. PAYMENTS TO THE SECRETARY OF THE TREASURY Under section 2 of the Reconstruction Finance Corporation Act, as amended by section 6 (f) of the Federal Home Loan Bank Act, and pursuant to the request of the Secretary of the Treasury, the Corporation during the first quarter of 1937, paid $2,136,700 to the Secretary of the Treasury to enable him to make payments upon stock of Federal home-loan banks subscribed for by him. This made a total of $120,006,100 so paid through March 31, 1937. PAYMENTS UNDER FEDERAL EMERGENCY RELIEF ACT OF 1933 Under section 2 (a) and section 6 of the Federal Emergency Relief Act of 1933 the Corporation during the first quarter of 1937 paid $341. 76 to the Federal Emergency Relief Administrator for expenses necessary to carry out the provisions of that act, and received refunds amounting to $350 of expenses previously paid, making a net total of $349,930.89 so paid through March 31, 1937. Upon certification of the Federal Emergency Relief Administrator, the Corporation, under the provisions of the act mentioned, had made payments for relief aggregating $499,650,000 through March 31, 1937. Digitized by Google REPORT OF RECONS'£RUCTION FINANCE CORPORATION 5 SECURITIES PURCHASED FROM FEDERAL EMERGENCY ADMINISTRATION OF PUBLIC WORKS Und~r the Emergency Appropriation Act, fiscal year 1935, approved June 19, 1934, the Corporation during the first quarter of 1937 agreed to purchase $10,521,350, net face amount, of marketable securities from the Federal Emergency Administration of Public Works to be held and collected or sold at a later date. From June 19, 1934, to March 31, 1937, inclusive, the Corporation purchased from the Federal Emergency Administration of Public Works securities having a par value of $488,197,421.47. Of this amount, securities having a par value of $353,911,909.47 were sold at a premium of $10,739,082.52 (including securities having a par value of $51,294,000 sold to issuers prior ·to maturity at a premium of $327,375.74). Securities having par value of $12,663,272, purchased from the Federal Emergency Administration of Public Works, were subsequently collected at maturity and securities having par value of $121,622,240 were held at the close of business March 31, 1937. In addition, the Corporation had agreed to purchase at par, to be held and collected or sold at a later date, such part of securities having an aggregate par value of $71,057,500 as the Federal Emergency Administration of Public Works is in a position to deliver from time to time. PAYMENTS TO THE FEDERAL HOUSING ADMINISTRATOR Under section 4, title I, of the National Housing Act approved June 27, 1934, the Corporation during the first quarter of 1937 paid $4,000,000 to the Federal Housing Administrator. This made a total of $50,000,000 so paid through March 31, 1937. DISASTER LOAN CORPORATION The act approved February 11, 1937, created a Disaster Loan Corporation with nonassessable capital stock in an amount not to exceed $20,000,000. Such Corporation is empowered to make, upon such terms and conditions and in such manner as it ma;v prescribe, such loans as it may determine to be necessary or appropnate because of floods or other catastrophes in the year 1937. The Reconstruction Finance Corporation is authorized and directed by the act to subscribe for the capital stock of Disaster Loan Corporation and to make payment therefor, from time to time as called, out of the unexpended balance of the $50,000,000 which the Reconstruction Finance Corporation was authorized to lend for catastrophe relief by section 1 of the act of April 17, 1936. Under such authority, the Reconstruction Finance Corporation during the first quarter of 1937 subscribed and paid for $2,000,000 of the capital stock of Disaster Loan Corporation. The Reconstruction Finance Corporation will subscribe and pay for additional capital stock as called for by Disaster Loan Corporation. The act provides that Disaster Loan Corporation shall be managed by officers and agents to be appointed by the Reconstruction Finance Corporation under such rules and regulations as the Board of Directors of the Reconstruction Finance Corporation may prescribe. Digitized by Google 6 REPORT OF Rl~CONSTRUC'rION FINANCE CORPORATION NOTES OF THE RECONSTRUCTION FINANCE CORPORATION During the first quarter of 1937, the Corporation sold $10,000,000 series L--3 notes; $60,000,000 series L--4 notes to the Secretary of the Treasury; and $360,000 series K notes to institutions from which it purchased preferred stock, capital notes, or debentures; redeemed its series L--2 notes to the extent of $55,000,000; redeemed e.nd canceled $65,000,000 of its series L--4 notes; and $900,000 of its series H notes. As of March 31, 1937, there were outstanding $3,886,184,666.67 of the Corporation's notes, as follows: Series Series Series Series Series H ______________________________________________ _ $85, 478, 000. 00 K ______________________________________________ _ 165,706,666.67 L-1 ____________________________________________ _ L-2 _______________________ · ____________________ _ 2,640,000,000.00 980, 000, 000. 00 L-3 ____________________________________________ _ 15,000,000. 00 Tota.L __________________________________________ 3,886,184,666.67 The following tables are attached: 1. Aggregate loan and other authorizations, purchases of securities from Public Works Administration, a.nd a.lloca.tions to other Governmental agencies, by classes, from February 2, 1932, to March 31, 1937, inclusive, and commitments outstanding, by classes, as of March 31, 1937. TABLE 2. Aggregate loan a.nd other authorizations, by classes, during the first quarter of 1937. TABLE 3. Number of authorizations, and number of new borrowers, etc., to which authorizations were ma.de, by States, during the first quarter of 1937. TABLE 4. Number of authorizations and borrowers, to which authorizations were made; and a.mount of authorizations, withdrawals, or cancelations, and disbursements from February 2, 1932, to March 31, 1937, inclusive, by States. TABLE 5. Loan and other authorizations, by character of loans, etc., from February 2, 1932, to March 31, 1937, inclusive. '.I' ABLE 6. Amount of authorizations, disbursements, repayments, and a.mounts outstanding from February 2, 1932, to March 31, 1937, inclusive, by classes and months. TABLE 7. Loans to aid in the reorganization or liquidation of closed banks and trust companies from February 2, 1932, to March 31, 1937, inclusive, by States (includes loans to receivers, liquidating agents, and conservators, and loans through mortgage loan companies to a.id in the reorganization or liquidation of closed banks, under sec. 5 of the Reconstruction Fina.nee Corporation Act, as a.mended; a.nd loans on the assets of closed banks and trust companies under sec. 5e of the Reconstruction Finance Corporation Act, as a.mended). 'TABLE 8. Loans on and purchases of preferred stock, and purchases of capital notes or debentures, of banks a.nd trust companies, disbursed from March 9, 1933, to March 31, 1937, inclusive; and outstanding as of March 31, 1937 (under sec. 304, title III, of the act approved Mar. 9, 1933, as amended). 'TABLE 9. Loans authorized (and commitments outstanding as of Mar. 31, 1937) to industrial or commercial business under section 5d of the Reconstruction Fina.nee Corporation Act, as a.mended (including purchases of participations, and agreements to purchase participations, in loans), by size of loans, from June 19, 1934, to March 31, 1937, inclusive. TABLE 10. Loans authorized (and commitments outstanding as of Mar. 31, 1937) to industrial or commercial business under section 5d of the Reconstruction Finance Corporation Act, a.s amended (including purchases of participations, and agreements to purchase participations, in loans), by industries, from June 19, 1934, to March 31, 19371 inclusive. TABLE 11. Loans on self-liquidating projects, by types of project (under sec. 201 (a.), title II, of the Emergency Relief and Construction Act of 1932, a.s a.mended), from February 2, 1932, to March 31, 1937, inclusive. TABLE 12. Number of borrowers and a.mounts of loans authorized under section 5 of the Reconstruction Finance Corporation Act, as a.mended, from February 2, 1932, to March 31, 1937, inclusive, by size of cities or towns. TABLE Digitized by Google REPORT OF RECONSTRUCTION FINANCE CORPORATION 7 13. Names and compensation of directors, officers, and employees of the Reconstruction Finance Corporation receiving from the Corporation more than $400 per month, as of March 31, 1937. TABLE 14. Statement of cash receipts and expenditures during the first quarter, January 1, 1937, to March 31, 1937, inclusive (Corporation's accounts with Treasurer of United States). TABLE 15. Statement of condition as of the close of business, March 31, 1937. TABLE. Res pee tfully 1 JESSE H. JONES, Chairman. GEORGE R. CooKSEY1 Secretary. Digitized by Google 1.-Aggregate loan and other authorizations, purchases of securities from Public Works Administration, and allocations to other govern- 00 mental agencies, by classes, from Feb. 2, 1932, to Mar. 31, 1937, inclusive, and commitmenls outstanding, by classes, as of Mar. 31, 1937 TABLE PART I. LOAN AND OTHER AUTHORIZATIONS Withdrawn or canceled Authorized Total, banks and trust companies ______ ~t:~~~~~:::::::::: ::::::::::::::::::::::::::::::::: :::::::::::::: ::::::::: ::: Total, building and loan associations_ __ ____ _______________________________ __ (1) Q_ ~ CJ 0 ~ ~ Outstanding as or Mar. 31, 1937 1 455,234,189.41 $823,937,105.561 $758,720,311.14 1,143,206,025.36 I, 030, 106,960. 35 $65, 216, 794. 42 113, 099, 065. OJ I, 967. 143,130.92 178, 315, 859. 43 :t b! , __2~_:_;_!!_·___,______ 146, 297. 731. 18 Repaid I 879. 25 , 653. 98 2, 000, 189. 96 114, 558, 990. 06 28,817, 533. 23 116, 559, 180. 02 I, 788,827,271.49 ~ "' 0 ~ 0 0 00 ~ ~ d Insurance companies---- ----- ---------------------------------------- --- ------- --1 103,006,858. 281 Mortgage loan companies: To aid in the r eor ganization or liqui d ation or closed banks __________________ __ To commercial business ___ -- -___ ---- -- -- - - ----------- ------_ To industrial The RFC or Mortgage Co _______________ _______________ _____ ----_____ -_______ Others __ _______ ________ ____ _____ ___ ____ _____ ______ __ __ _______ _____ ___ ____ ____ _ 119,214,089.59 1~. 422,275.00 36, 959, 139. 94 328, 263, 334. 62 17,182,490.51 10,720,439.85 T otal, mortgage loan companies _____ -- ---- ----- -------------- -- ------ --- --- 500,858,839.15 -----------------27,717, 93 1. 48 0 "'cl z 1,-------1- - - - - - - 89,675,416.42 13,331 , 441. 86 i!=======f======:I======= 0 cg:N. $258,836, 086.21 190, 398,103.20 2,462,453,535.38 1~: ~: I ~ ~ Loans under sec. 5 or the Reconstruction Finance Corporation Act, as amended: B anks and t rust companies: Receivers, liquidating agents, and conservators ___ ------ --------- --- -- - ------- $1,122,490,906.82 Others•- ___ _ ---------------------------------------------------------------- - 1,339,962,628. 56 Building and loan associations: Disbursed 99, 881, 493. 14 5,701,835.15 29, 170, 864. 00 225,912,049.33 26, 995, 423. 52 2,793,424.51 18, 708, 556. 66 77, 772, 650. 41 72, 886, 069. 62 2, 908, 410. 64 JO, 402,307.34 148, 139,398.92 126, 330, 055. JO 0, 861. 84 55,620, 360, 666, 241. 62 Credit u nions____________ ___ ______ ___ ___ ___ ______________ ____ ____ ______ __ ___ _____ _ Federnl lan d banks ___ ____________________ ---------------------------------------J oint-stock land banks_____________ _______________________________________________ F edernl intermediate credit banks ___ - ------- --- --- - --- -- --- ------- -------------Agricultural credit corporations_________ __________________________________________ R egional agricultural credit cor porations __ ____ -----------------------------------Livestock credit corporations . . --------- - --- --- - ------- --- -- - ---------------- --- - 642,967.80 42, 8 72. OJ • 399,636,000.00 12, 40_l, 000. 00 24,221 , 572.08 5,607, 700. 39 9, 250,000.00 ___ ___ ____ _ 6,120,867.59 477, 249. 37 178,840,452.48 5,596 , 8ll. 76 14,758,827.88 1,657, 229. 19 600,095. 79 3 387,236,000. 00 17,040,960. 14 9, 250, 000. 00 5, 562, 890. 94 173, 243, 640. 72 13,101,598.69 R ail roads: Receivers and trustees _______ _______________ .. _____________________ ___________ Others_ ___ ___ _____ ___ __ ____ _________________________________________ ___ ______ _ • 24,665,960. 00 • 603,853,835.00 844,791.00 105,548, 764.89 • 23,821, 169. 00 • 493,305,070. 11 • 783,356.00 • l 75,975,660.67 • 23, 037,813. 00 • 317,329,409.44 Total, railroads_ ____________ _____ _____ _________________ ____________ _____ ____ 628,519,795.00 106,393. 555. 89 517, 126, 239. 11 176,759,016. 67 340,367,222.44 I I 226,251.58 14,517,429.09 1,962,745.91 44,272. 72 I 324,834.81 0 ....~ 0 z "'cl z> z 0 t'.l 0 ij 0 ~ ....~ 0 z Prooossors or dis tributors subject to prooosslng taxes __ ___ _______ __ ______ _____ _ Stnto Cuods created______ roe tbe or tosurlng repayment or _____ deposits or pub moneys _________ - - - -purpose - --- - ________ _______ ____ ___ _______ __ ______ - -Borrowers engaged in the fishing industry ________ _____________ ______________ _ 2R, 089. 27 11,371. 21 14, 718.00 14, 718. (16 13, 087, 715. 88 792,100. 00 23,084.70 77,900.00 13, 064, 631. 18 654,075.00 13, 064, 631. 18 116, 363.31 537,711.69 Total, sec. 5 or the R econstruction Fina nce Corporation Act, as amended ___ _ 4,488,513,352. 57 685, 291, 800. 86 3, 670, 938, 818. 61 3, 002, 353, 568. 75 668, 5&5, 249. 86 "C 25, 000, 000. 00 1, 750, 000. 00 Total, sec. 5c ot the Reconstruction Finance Corporation Act, as amended __ 26, 750, 000. 00 Authorizations to industrial or commercial business under sec. 5d ol the Reconstruct Finance Corporation amended: ___________________________________ ____ _ Loans _____ __ ______ Act, ______as_____________ Purchases or p arti cipations _________________________ _________________________ _ Agreements to purchase participations _____________ __________________________ _ Total, sec. 5d ot the R econstruction Finance Corporation Act, as amended __ Loans on the assets ol closed b anks and trus t com panies under sec. Se ol the Reconstr tion Finance Corporation Act, as amen ded _______ ______________ _______________ _ ~ CJ 0 - ~ (v T otal, sec. 201 (d) , title 'l'otal, E mergency R elic! a nd C onstruction A ct ol 1932, as amended ________ _ T otal, sec. 304, ti t le III, or the act appro ved Mar. 9, 1933, as amended ______ _ ------------------ 25, 000, 000. 00 37,124,923. 64 4,854, ,571. 85 3, 065, 270. 21 71, 615, 458. 41 6, 944, 760. 21 32, 400.00 13, 279, 072. 94 1,811,594. 48 8,463.55 58,336,385.47 5, 133, 165. 73 23,936.45 152, 231,531. 62 45, 044, 765. 70 78, 592, 618. 62 15, 099, 130. 97 63, 493,487. 65 11,054, 576. 24 1, 250, 805. 47 492,622. 59 12, 314, 381. 71 0 ~ ~ 0 '::j ~ t:i=J 0 0 z rn 1-3 ~ d 1-3 339, 217,487. 36 27,895, 743. 14 254, 521, 658. 25 54, 749, 542. 84 199, 772, 115. 41 10, 450, coo. 00 53, 3;o, 955. 22 1, 034, 596. 78 33, 146, 368. 56 8, 528, 875.90 20, 224, 586. 66 1,693, i!O. 94 20, 177, 690. 67 6, 835, 164. 96 46, 895. 99 1,222,108,664 . 99 85, 539. 013. 08 366, 235, 57I. 68 65,947,617.85 646,4 52, 782. 73 19, 288, 616. 70 566, 765, 113. 55 17, 874, 794.29 79,687,669.18 1,413, 822.41 1,307, 647,678. 07 432, 183, 189. 53 665, 741, 399.43 584, 639, 907. 84 81, 101, 491. 59 300, 000, 000. 00 15, 001.00 299, 984, 999. 00 10, 756, 788. 00 289, 228,211.00 2, 010, 686, 120.65 494,274, 899. 01 1,249, 001, 519. 24 672,017,640.29 576, 983,878. 95 ...0 z ...z '::j :i- z 0 t:i=J 0 0 ~ "C Authori za tions u nde r sec. 304, title III, ol the a ct appro,·ed Mar . 9, 1933, as a mend L oans on preferred stock or banks a nd trust companies _______ __________ ____ __ _ Su bscri ptions for prolerred stock ol banks a nd trus t companies ________ ___ __ ___ Purchases ol capita l notes or debent ures or banks and trust com pan ies _ Loans under sec. 5, t itle I, or tb e Agri cultu ral Adjus t ment Act ol 1933, as amended I, 250, 000. 00 25, 000, 000. 00 ------ -- -- -- ----- - ------------------ -----------------25, 000. 000. 00 -----------------25, 000, 000. 00 0 Loans !or fina ncing of agricul tu ral commodities and li vestock, sec. 201 (d) , title Commodit y C red it Corporation _____ __ __ ___ _______ ______ ___ __. _____ _____ _ Ot hers _________ __ ___ ____ ____ ___ ____ __________ _____ __ ___________ . ______ ___ _ (1) Q_ -- --------------1, 250, 000. 00 132, 482, 958. 73 12,857,379.16 6,891, 193. 73 13, 426, 492. 18 Authorizations under the E mergency R elier and Constru ction Act ol 1932, as amend Loans on self-liqu idat ing projects, sec. 201 (a), t it le IL __ __ ___ __ ____ ___ _______ _ L oans !or fi nancing repai r ol d amage by earthqu a ke, fire, t ornado, or cyclone 1933, sec. 20 1 (n) (6), title IL ____ _________ __________________________ ____ ____ _ Loan s for financing expor ts ol agricultural s urpl uses, sec. 201 (c), title IL ____ _ cg:,,- ~ t:i=J Subscriptions !or stock ot mortgage Joan companies under sec. 5c o! the Reconstructi Finance Corporation amended: 'l'be RFO MortgageAct, C o __as__________________ ___ _____ ___________ ____ ___________ _ Others _____ __ ________________________________________________________________ _ 0 ------------------ - 23,374,755. 00 816, 733, 634. 00 430, 457,000. 00 5, 126, 025. 00 73, 397, 760. 77 32, 002, 000. 00 18, 148, 730. 00 71 7, 273, 373. 23 339, 880, 000. 00 5, 525,619.12 267, 453, 310. 58 112,801, m;. 31 I , 270, 565, 389. 00 110, 585, 785. 77 I, 075, 302, 103. 23 445, 780,567.01 629,52 1, 536.22 23, 500, 000. 00 20, 200, 000 00 3, 300, 000. 00 3, 300, 000. 00 ----------------- - 12, 623, 110. 88 449, 820, 062. 65 167, 078, 362. 69 0 ~ ...~ 0 z See footnotes at end ol table. co 1.-Aggregate loan and other authorizations, purchases of securities from Public Works Administration, and allocations to other governmental agencies, by classes, from Feb. e, 193S, to Mar. 31, 1937, inclusive, and commitments outstanding, by classes, as of Mar. 31, 1937Continued TABLE ~ PART I. LOAN <\ND OTHER AUTHORIZATIONS-Continued Authorized 0 cg:N. (1) Q_ ~ CJ 0 ~ ~ Withdrawn or canceled Disbursed Authorizations under sec. 1 of the act approved June 10, 1933, as amended: Loans on preferred stock of insurance companies . ........••..•...•... •..••........ Subscription for preferred stock of an insurance company.•••.••.•...•...•.....••• $34, 275,000. 00 100,000.00 ----------------------------------- $34, 27 5. 000. 00 100,000.00 ------------------ Repaid I Outstanding as ol Mar. 31, 1937 $6, 019, 627. 50 $28, 255, 372. 50 100,000.00 34,375,000.00 6,019,627. 50 28, 355, 372. 50 ------------------ Total, sec. 1 of the act approved June 10, 1933, as amended .•••.•.•••.• ••••..••. . 34, 375, 000. 00 Loans to or for the benefit of drainage, levee. irrigation, and similar districts under sec. 36, title II, of the Emergency Farm Mortgage Act of 1933. as amended ...........•.. 130, 891. 033. 25 $16, 039. 663. 61 68, 398, 066. 47 653,920.18 67, 744,146.29 Loans to finance the repair of damage by earthquake, flood,or other catastrophe in 1933, 1934, 1935, and 1936, under the act approved Apr. 13, 1934, as amended: To industrial or commercial business •••......•.•.•••...••••.••••...••...••. .••••.. To others ..•••......•. ••.. .......•....•.....••............ •••••••••••••••••• ••••.. 1, 702, 962. 75 3, 994, 026. 00 735,490. 00 1,199,268. 67 863,872. 75 2,167,474.47 45, 122.40 1,097,606.81 818,750.35 1,069,867.66 Total, act approved Apr. 13, 1934, as amended ......••••.•••..•••••.•.•••••.••.. 5, 696, 988. 75 1, 934, 758. A7 3,031,347.22 1, 142, 729. 21 1,888,618.01 Loans to borrowers engaged in the mining, milling, or smelting of ores, under sec. 14 of the act approved June 19, 1034, as amended ..•.•....•• ••••..••....•.••.....••••••. 10, 600, 500. 00 2,557,000.00 2, 076, 500. 00 617,716.49 1, 458, 783. 51 Loan to a public-school authority for payment or teachers' salaries due prior to June 1, 1934, under sec. 16 or the act approved June 19, 1934, as amended .... ........ ••..•.•. l"J >i:, ~ 0 ,,g l:d l?=j Q 0 z 00 ~ §.... ~ ,,g 22, 500, 000. 00 200,000. 00 22, 300, 000. 00 22, 300, 000. 00 ------------------ Loans to or for the benefit of tax-supported public-school districts, or other similar public-school authorities, in charge or public schools, under the act approved Aug. 24_. ~ z 1935•.••• ..••.•.•.. .. •• .• ••.... • ........••....•.••......•. . •. .....•.. ...........•.•• . 2, 006, 800. 00 Loan to Rural Electrification Administration, under the act approved May 20, 1936.•• 1, 000. 000. 00 Grand total, part I (loan and other authorizatiom) ••..•.•.•••..•.•..••••••••.... 8, 192,,743, 208. 02 477,300. 00 53,420.47 -----------------1, .378, 348,596.21 598,000.00 -- --------------------------------- 5~. 420. 47 ~ 598,000.00 Q 4, 180, 339, 476. 64 2,064, 9l2, 298. 93 Amount dis• bursed cg.ur• chase ) Amount repaid (sold or matured) Amount out• standing as of Mar. 31, 1937 $489, 291, 555. 01 $367, 6119, 315. 01 6, 245, 281, 775. 57 PART II. PURCHASES OF SECURITIES FROM PUBLIC WORKS ADMINISTRATION Amount of purchases authorized Grand total, part II ••••••••••••••••••••••.•••••.•....•.•...•.••••••••••••••.•••••••••• l:d $546,756,055.01 Amount withdrawn or canceled $1, 980, 000. 00 $121, 622, 240. 00 0 I ~ PART Ill. ALL O OA TJONB TO OTHER OOVERNME NTAL AGEN CIES Allocations: ______________ - - -- -- - -- -- -- - __________________________ _ ~.,!Fo!~!~~~~.!;~f1::m-corpo;aiio~:(~~~~~~~-'.~~~-a_".'_~~:-~~ -~~=-~~~~-~~~~~~~t-~~~:r:~~~~~~~:~~~~~: 1 0 or Agriculture) ______________ _____ _ $29,500,000 held In revolving rundl- -t 1----(-reallocated from amount originally allocated to Secretary Govern.or or Farm Credit Admlnlstra on ~~r~r ---:::::::::::: :::: Total originally allocated to secretary of Agriculture !pr crop loanL- ---- -- -- ------ -- ------------ --- -------------·--·······-·-·- ··-· ···-·--·--··-·· Regional agricultural credit corporations for expenses prior to May 27, 1933-------·· ·········-······ --·::: __ . __ ._ .... -•--Regional agricultural credit corporations for expenses since May 26, 1933 _·····-········ ··········· ·········-·-·-- __ ._. ___ _. __ •• _•. _. Secretary of the Treasury to pay for capital of Federal home Joan banks__····· -·············· ········-· ·····-·-··::: deral Farm Mortgage ··---t\>ii"to·F·e Land Bank Commissioner to make Joans to joint-stock land banks__ ·-···--·----··· -······--·--•-· 1 11 •• -•-· - · - Land Bank Commissioner to make loans to farmers ($200,000,000 original allocation reduced by rea oca iioo;ooo;ooo -originaiiy-ailocated-to Land -Bank ComF~~~~fi~~) Mortgage.Cor.poration _t_ci iiiake-loans-to farmers ·(~eallocated-fr-_om •. _··-·-· __ -· __ -·- -··· -··-···-· -. -· -· -······ •· •· • -•• •· -· • 0 ~:;;a· (1) a. ~ C'; 0 ~ ~ Amount allocated IAmount disbursed $116, 000, 000. 00 $116, 000, 000. 00 44, 500, 000. 00 40, 500, 000. 00 44, 500, 000. 00 40, 500, 000. 00 200, 000, 000. 00 3, 108, 278. 64 13, 268, 600. 00 200, 000, 000. 00 3, 108, 278. 64 11, 950, 252. 92 120, 000, 100. 00 2, 600, 000. 00 124,741,000. 00 100, 000, 000. 00 55, 000, 000. 00 200, 000, 000. 00 55, 000, 000. 00 200, 000, 000. 00 mlss1oner) __ . -· -· -· _. _•.....•.....•.• __ -· _. ____ • _.. _. ___ ___________ .• _··-·. -·---Loan Corporation- -- ------··-----·- ·--------- ----·· --------------· Secretary of the Treasury to pay ror capital of Home Owners' 50, 000, 000. 00 not limited to specific amount>------ -·· ··-·--- · -Federal Housing Administrator (amount stated is amount disbursed; total allocation------·----·-·97, 000, 000. 00 -·-·---··------ --- ·-- ----- ---- ____ __ - ----- --- ------·-------Commodity Credit Corporation, purchase of stock.·--······ stock purchase to required is Corporation The disbursed. Disaster Loan Corporation, purchase of stock (amount stated is amount 2, 000, 000. 00 --···----·-·-·- · --- --upon request of the Disaster Loan Corporation, up to but not exceeding $20,000,000)_ -··-·----·---· ·-·····--··-· 117, 778. 64 990, -··-··-- ----·-Total to other governmental agencies by direction of Congress_··- -·-·-··-·-·-···· -·-··-- --··-------- ·· --··--······--000. 00 000, 500, ···-·----··---·-·- ··--··-····-·-· -·- -·- ------- --·-- ------- -·- ---- -----·For direct relief under Federal Emergency Relief Act of 1933.. 500,000,000.00 _____ · -· -·---·- ····- ·---- ------ -· ----·-·- ·--- ---·--··----- ------- For direct relief under Emergency Appropriation Act, fiscal year 1935 000. 00 000, 500, -------·-----·- - --For direct relier under Emergency Relief Appropriation Act, 1935 _____ _·----·-----·-·- -----·----·---- ·-·-----------00 500,000,000. --·-····--··- -·-·-·-·----- • I, Total allocations for direct relief by direction of Congress •--··--------- ·-···--- ---· -·--·- -····- ·--·-· --·-·64 778. 117, 490, 2, ------- ----- -- -Total allocations to other governmental agencies and !or direct relieL-- ------ -- --------- -------------- ---·-·-·-·-·--22,361, 015.90 ---- --- -·---·-----·--· ----Interest on notes issued for fu nds for allocations and relief advances_·--- ---------- ------·----- ---·- ---·--------2,512,478,794.5 4 ----·---·-·--· Grand total, part III (allocations to other Governmental agenciesl- --··-- ---· --· ·--- --- -·---·-·--- -- ---- --·-·-·-------Se(!ootnotes at end of table. 145, 000, 000. 00 145, 000, 000. 00 50, 000, 000. 00 97, 000, 000. 00 2, 000, 000. 00 886, 664, 631. 56 I 499, 999, 030, 89 500, 000, 000. 00 500, 000, 000. 00 ' 1,499,999,930.8 9 2, 386, 664, 562. 45 21, 536, 205. 82 2, 408, 200, 768. 27 . =,d t<.l "1:1 0 =,d ~ 0 ',;I t:t1 :,:i 0 0 z '(fJ 1-3 q ~ 0 ....,'3 0 z ....'%j z ~ 0 t_:cj 0 0 ~ "1:1 0 ~ I> ....~ 0 z i,-. i,-. 1.-Aggregate loan and other authorizations, purchases of securities from Public Works Administration, and allocations to other governmental agencies, by classes, from Feb. 2, 1932, to Mar. 31, 1937, inclusive, and commitmems outstanding, by classes, as of Mar. 31, 1937Continued TABLE PART IV. COMMITMENTS OUTSTANDING AS OF MAR. 31, 1937 [Conditional agreements to make loans, or other authorizations, upon the performance of specified conditions] Under sec. 5 of the Reconstruction Finance Corporation Act, as amended: Banks and trust companies: Amount Amount of of commitmenta cg::;n;itn;~a outstanding 8 an inq Receivers_ - - --- ----- --------- ------- --------- ------ -- ---- ------------ ------------------- --- --- --- -------- ---- -------- -------- -------------------------------- $1, t.1 510, _1;.1n 000. Mn 00 M Others------------------------------------------------------------··-························································································ Insurance company •.. ------·-------___ .-··_________ . __________ __ ·-·--·--·---··_____ ____ --··-·------------··--·--··· Mortgage Joan companies_ •• _·- ____________ . _______________ •• ___ ••.----·----·----··-------·------·--·__ • _________ • ____ • ______ • ________ •• __ _____ ••• __ ·- ___ .••·-----_•• __ •.• __ •• _. ________ ·- ___ . ______ •••• Railroads: Trustee_ . _. ____ -· _•• __ •••••••••...........•...............•............•...•••.••• _.••• _..•. _..... _••..... _•........ _. _.•........••..•..•..•• _•••.•••••••••.• Others ...•. ·-·-·--·-··-··-················-···-·········-······-·········-·-··-··-···-·--···-·-·························-························-·····-····· Under sec. 5c of the Reconstruction Finance Corporation Act, as amended (subscription for stock of a mortgage loan company) •••...••••••••••••••.•.•••...•.....•.•.•.• Under sec. 5d of the Reconstruction Finance Corporation Act, as amended: Loans_ .......... __ .... _._ .. _. __ .. __ ............ _....••• _. __ ••. ____ ... _...••......•.......•••......••••....••..••.•..•..•••.•..•..•• _•••.• _•....••.•...•.........• Purchases of participations in loans .... ___ ·-···--·-.·-·-·.··--·-··- ... _...............•...•........ -· .. -· .. -···-···---· .•.•.... ·- .. ·--··-· ....•...•.•.....•.•..•• Under sec. 201 (d), title II, of the Emergency Relief and Construction Act of 1932, as amended (for financing agricultural commodities and livestock) .....••••.••.•.•••.•• Under sec. 304, title III, of the act approved Mar. 9, 1933. as amended: Loan secured J;>y preferred stock of a bank __ ...... -· .......... __ ....... -· ..•......•.••••.••••••••...••••.•. ·····-···-- .... _... __ ·-·············· ••..•••••••••••••• Subscriptions for preferred stock of banks and trust companies.·-···-······················-···-·····---·--·········-···-·································--····· Purchases of capital notes or debentures of banks and trust companies......•.... ·-···'·····-···········----·-····································-··············· Under the act approved Apr. 13, 1934, as amended (loan for repair of property damaged by flood or other catastrophe)······················--··--···---·····-···-···· Under the act approved May 20, 1936 (to Rural Electrification Administration).-·······---··-···-········································-··--······················ Under the Emergency Appropriation Act, fiscal year 1935 (purchase of securities from Public Works Administration) ••••.••••••• ·-·-····-·-·-······················· 0 cg:N. (1) Q_ ~ CJ 0 ~ ~ 10,148,800.00 1, 100, 000. 00 13,171,729.96 3, 000, 000. 00 46,147,309.65 10, 000, 000. 00 2, 451, 000. 00 442,500.00 6, 000, 000. 00 48,000.00 32, 877, 750. 00 3, 860, 980. 41 600,000.00 49, 000, 000. 00 15, 573,000. 00 Grand total, pt. IV (co=itments outstanding as of Mar. 31, 1937) ..••••••••••••••••••••••• ·-········································-························· 194, 931, 070. 02 ..... t,\j t:d t;zj "t1 0 t:d 1-3 0 l:zj t:d t;zj 0 i 00 ~ Cl s..... i l:zj ..... ~ 0 t;zj 0 0 t:d "t1 0 ....~ i SUMMARY OF TABLE 1 Amount of authorizations, allocations, and commitments outstanding Amount withdrawn or canceled Amount dis· bursed Amount repaid I $1,378, 348, 596. 21 1, 980, 000. 00 $4, 180, 339, 476. 64 -- ---- --- --- -- ----- Amount out• standing as or Mar. 31, 1937 $2, 064, 942, 298. 93 121, 622, 240. 00 408, 200, 768. 27 Part I: Loan and other authorizations •...••...•.....••..•.•..••.•.•••••...••••••• $8, 192, 743, 208. 02 Part II: Purchases of securities from Public Works Administration .•••••••....... 546,756,055. 01 Part III: Allocations to other governmental agencies .•.•••••.•••.•..••••••••••.... 2, 512, 478, 794. 54 ------------------- $6, 245, 281, 775. 57 489, 291, 555. 01 2, 408, 200, 768. 27 Total ..•••••••••.••••..••.•.•••••.••...•.. ·· •.••• •••••••••••··••••••••••·•·· 11,251,978,057.57 Part IV: Commitments outstanding ..•.••••••.•••••••••••.•.•••.•••...••....•.•.• 194, 931, 070. 02 ------------------- -------- -- -------- - --- --- ----------- -- --------- ---------- 1, 380, 328, 596. 21 9, 142,774,098.85 4, 548, 008, 791. 65 4,594,765,307.20 1, 380, 328, 596. 21 9, 142,774,098.85 4, 548, 008, 791. 65 4,594,765.307. 20 Grand total •.•••••••..•..••........•...•.....•••.••••••••••••••••••••••••••• 11, 446, 909, 127. 59 367,669,315.01 7 2, Exclusive of repayments unalloraterl. p ,,iding advices, as of Mar. 31, 1937. $167,500 authorized through b~ilKS and trust companies to Industrial or commercial business, of which $52,838.65 was withdrawn or canceled, and $114,661.35 was dis• bursed and repaid. • Includes $193,618,000 representing refinancing of loans previously made by the Corporation to Federal land banks for different individual amounts, but in the same aggregate amount. • Revised. • Upon certification by the Federal Emergency Relief Administrator, under the Federal Emergency Relief Act of 1933. the Corporation disbursed $499,650,000 for relief, and $349,930.89 to the Administrator for expenses necessary to carry out the provisions of the above act, making a total of $499,999,930.89 so disbursed. • Exclusive of amounts made available for relief and work relief under the Emergency Relief and Construction Act of 1932, as amended. These amounts are shown In part I above. 7 Includes $29,500,000 allocated for revolving fund (capital of regional agricultural credit corporations). 1 1 Includes ~tt, ~ ij ::0 tr.J 0 ~ ~ ::0 d 0 ,'3 .... 0 z ...."'l ~ 0 l;l 0 cg: N. (1) Q_ ~ CJ 0 ~ ~ 0 0 ~ ~.... 0 z ..... ~ TABLE .... 2.-Aggregate loan and other authorizations, by classes, during the first quarter of 1937 Withdrawn or canceled 1 Authorized Class Disbursed ~ Outstandingdecrease for the quarter 1 Repaid•• I ~ trJ Loans under sec. 5 of the Reconstruction Finance Corporation Act, as amended: Banks and trust companies (including receivers, liquidating agents, and conserva• $3, 887,052.07 $4,955,884.42 tors) ....... ....... ....... .... ..... ........... . ............................. ...... 1 $28, 959,890.88 321,017.93 ..••.....•.....•. .. ..••..... . ....... Building and Joan associations (including receivers) ...... ........ ...... ..... ....... 155,921.66 78. 34 Insurance companies . ..... . ............................. .......................... •• . ••.•. .. ... ... .. • 9,846,422.27 718, 823.91 3,802,913.29 Mortgage loan companies................. ................... .... ........... ... . ... .••.•.......... Credit unions .......•. ..• ...•.•.......•.•... ....•.•.•.•...•.•..•.• ..... .... •..•.•.•...•.•........ .. ...•...•......... .. .... Federal land banks .•...•.•...•.............•... •.•.••....•.•.••.•...•...•. ...........•... •............. ......•. ..........•. ..• ..... .... ~ 343,087.85 111,500.00 466,000.00 Joint•stock land banks. ........................ . ....... ......... ................... 30, 727. 28 .• ............... .. ...•..••• ••. •• •.. Agricultural credit corporations............ .. ... . .................. ................ ••. ..... ..•..•••• . Livestock credit corporations ...•...............•.•.•...... .•.•.•••..•...•.•. ... ....•...•• •....... . ..... ............... 5,000,000.00 . •.............. .. . . .•...• .......... Railroads (including receivers and trustees)..................... .. .......... . ...... 11 ,875.00 3,000.00 55,000.00 Borrowers engaged in the fishing industry................... ...................... Total, sec. 5 of the Reconstruction Finance Corporation Act, as amended .••..... , Cl cg: ~· [ll ~ C"') 0 - ~ (v Subscriptions !or stock or mortgage loan companies under sec. 5c or the Reconstruction Finance Corporation Act, as amended •••.•......•..•.........••••. .•. ••••• ••...••••. , Authorizations to industrial or commercial business under sec. 5d or the Reconstruction Finance Corporation Act, as amended : Loans •••••.......•.•.............. •••........•••••••. ..••••••• ••••••• ••.•••• ..•... , Purchases or participations..... ....... ... ............................. ....... .. . .. Agreements to purchase participations......... . ........................... ....... . 38,635,549.381 5,789,286.67 I 14,244,358.85 6,661,859.60 • 816,333.33 • 356,650.00 II - --- -1 I- -7,834,842.931 I Authorizations on the assets or closed banks and trust companies nnder sec. 5e or the 335, 004. s2 I Reconstruction Finance Corporation Act, as amended •• ..... ..............••• •...... I 41,675, 421.95 I 40. 573. 66 4~: l:: 405,000. 00 I 109,573,422.29 I I Ii===== 186,448. 17 55,984, 114. 74 6, 354, 500. 00 13, 546, 896. 92 37, 079, 338. 36 50, 626,235.28 56,553. 21 97,126.87 I I 62,525,062. 91 0 ',;l ~ t".l 0 0 z 00 8 ~ d .... ,'3 0 z ...."'1 3, 748,762.01 3, 879, 049. 26 3,041, 775. 77 I l========l=== ===I====== 46,823.93 1 "' ~ ,'3 0 3,431 , 104. 84 314,871.33 2,785.84 3, 456, 049. 27 420,199.99 2,800. 00 2,666,181.091 147,916.67 227,678. 01 Authorizations under the Emergency Relief and Construction Act ol 1932, amended : i = = = = = l = = = = = I Self•liquidating projects. ser. 201 (a), title II (including loans for financing repair or reconstruction or buildings damaged by earthquake, lire, tornado, or cyclone In 969,140.00 gg 108, 604, 282. 29 . . ............... ........ I. title 1, sec. relief, work and relief for Amounts made available 1········ I I I M Total, Emergency Relief and Construction Act or 1932, as amended ..........•... 55,919,780.80 $21, 067,995.60 365,823. 70 144, 218.11 4, 338, 344. 25 63,401.81 JO, 150, 9o9. 61 I 240, 571. 72 103,516.33 64,493. 26 5, 610, 606. 00 6,625.00 00 . •...••........... 5, 000, 000. ====== ===ll=======I:= 5, 000,000.00 1·········•········1i==== Total, sec. 5d of the Reconstruction Finance Corporation Act, as amended_ .••.. F~~~iiiiioi·ai,ictiitu·.=-;1roin.mo,iii.iesiiri'<i·1i~esi.ock:sec:20i·c<ii;iiii,irr:::::::::::j I $24,955,047.67 365,823. 70 300, 139. 77 14, 184,766.52 63,401.81 JO, 150, 969. 61 102,516.13 103,516.33 64,493.26 5,610,606.00 18,500.00 I 13,360,448. 75 18,904, 776. 38 6, 354, 500. 00 11,898, 827. 63 ~ 0 t".l 0 0 ~ "'0 ~ ....~ 0 z AuLhoriutlons under soo. 301, title III, or tho act approved Mar. 9, 1933. as amended: _ 735, 506.66 Loans onJoreferred stock or banks and trust companies _____________ _______________ 100,000. 00 735, 506. 561 17, 625, 086. 73 19, 625, 080. 73 25,977,500. 00 2, ooo, ooo. oo 10, ooo. oo I Subscrip ous for e:ererred stock or banks and trust companies ____________________ _ 6, 737, 265. 21 6, 772, 265. 21 35,000.00 20,000. 00 Purchases or capt l notes or debentures of banks and trust companies_ ------------i------l-- ----·i-------l------f25, 097, 852. 50 132, 852. 50 27,====II====== 2, 035, 000. 00 10. 000. 00 I 26,097,500.00 l======l======ii== Total, sec. 304, title III, of the act approved Mar. 9, 1933, as amended____________ =1 act approved June _ or insurance companies under sec. 1 or the____________________ stock on preferred Loans ____________________________________________ as amended 10, 1933, Loans to or ror tbo benefit or drainage, levee, ;rrigation, and similar districts under sec. 4,693,431.76 36, title II, ol the Emergency Farm Mortgage Act ol 1933, as amended_______________ Loans to flnanc e the repair of damage by earthquake, flood, or other catastrophe in 1933, 43, 725.00 1934, 1935, and 1936, under the act approved Apr. 13, 1934, as amended____________ ____ Loans to borrowers engaged in the mining, milling, or smelting ol ores, under sec. 14 ol 963,000.00 the act approved June 19, 1934. as amended_ _______________________ __ ____________ ____ Loans to or !or the benefit ol tax-supported public-school districts or other similar public168,500. 00 school authorities in charge or public schools under the act approved Aug. 24, 1935____ Loan to the Rural Electrification Administration under the act approved May 20, 1936 __ --- -------------Grand totaL _________________ __ __________________________ ___________________ ___ __ I • 84,176,553.59 -g: ;;a· (1) Q_ ~ C; 0 ~ ~ 1, 249, 250. 00 1, 249, 250. 00 7, 397, 674. 89 3. 531. 448. 03 71,462. 96 • 3, 459, 985. 07 68. 521. 00 146,071.84 47, 168.15 • 98,003.69 196,000.00 204,000.00 82,716.49 53,420.47 498. 000. 00 =======I===== 294,500.00 126, 4t8, 004. 55 I - • 80, 258,157.39 1so, 874. 1s2. 69 I ~ ~ 53,420.47 498, 000. 00 a I I t:rJ 121,283. 51 I 70,616,025.30 These amounts apply t o Joans authorized prior to Jan. 1, 1937, as well as to loans authorized during the fi rst quarter ol 1937. 1 Exclusive or repayments unallocated, pending advices, as or Mar. 31, 1937. • Loans authorized to banks and trust companies include $28,625,0S7.45 to aid in the reo rganization or liquidation or closed banks. ' During the fi rst Quarter of 1937 a disbu rsement in the amount of $10 was rescinded. This amount has not been deducted lrom disbursements shown above !or the first quarter of 1937, inasmuch as it applied to an amoun t disbursed in a prior quarter. ' Increase. 1 During the first quarter of 1937two authorizations aggregating $404,000, which were included in "Purchases of participations in loans to industrial or commercial business" during a previous quarter, were transferred to "Agreements to purchase participations in loans to industrfal or commercial business." 7 During the first quarter of 1937 a disbursement in the amount of 1 cent was rescinded . This amount has not been deducted lrom disbursements shown above for the first quarter of 1937, inasmuch as it applied to an amount disbursed in a prior quarter. • Authorizations made prior to Jan. 1, 1937, were rescinded during the first quarter of 1937 as follows: Banks and trust companies, $23,705,748.04 to aid in the reorganization or liquidation or closed banks; indnstrial or commercial business, $850,000; purchases of participations in loans to industrial or commercial business, $625,000; agreements to purchases participations in loans to industrial or commercial business, $151,500; a loan on the assets of a closed bank, $21,000; subscriptions for preferred stock of banks and trust companies, $15,030,000; loans to or for the benefit or drainage, levee, irrigation, and similar districts, $4,766,723.12; a loan to finance the repair or damage by earthquake, flood, or other catl\stropbe in 1933, 1934, 193,5, and 1936, $700: a loan to a borrower engaged in t he minini, mill ing, or smelting or ores , $350,000. Such rescissions have not been deducted from the authorizations shown above for the first quarter of 1937, inasmuch as t.hey ap plied to loans authorized during previous q uarters. • In addition, under the Federal Emergency Relier Act or 1933, the Corporation during the first quarter of 1937 disbursed $341.76 to the Federal Emergency Relier Administrator for expenses necessary to carry out the provisions of the above act, and received refund of expenses previously disbursed amoun ting to $350, making a net total of $8.24 refunded during the quarter. 1 0 -- ------ --- --- ------- ---- ~ "Cl ~ l'.l @ rn ~ 0 g ,.... 0 z l:i:J ,.... ~ ~ a 0 ~ 0 ~ ~ ,.... ~ I-' 01 16 TABLE REPORT OF RECONSTUUC'l'ION FINANCE CORPORATION 3.-Number of authorizations, and number of new borrowers, etc. to which authorizations were made, by States, during the first quarter of 1937 1 GRAND TOTAL State Number Number of author• of now izations borrowers Number Number of author• of new izations borrowers State ---- ---Arizona _____________________ _ Arkansas . . ..... . . . •.. .. ...... Cal ifornia .......... . ........ . Colorado . ................... . Connecticut. ......... .. ..... . District of Columbia . ....... . Florida . ..... ............. .. . . Georj!'.ia ......•... .. . .......... Idaho . ....•........ .. ......•. Tilinois . ..................... . Indiana ...... ............... . Iowa . .•.............. .... ... . K ansas . . ... ...•. ............. t:.~i;\' ~!L == == =::: :::::::::: M aine . ___________ __ ________ __ 5 4 16 11 13 4 3 1 4 4 3 4 32 1 2 2 2 4 8 2 1 4 6 3 2 1 1 2 4 10 4 9 Maryland . . .. . ..... ........ . . Massacbusetts ........ .• . ..... Michigan .............. ...•... Minnesota .......... . .. ..... . . 20 4 ~l~~s:;~f:~i::::::::::::::::::: 16 9 13 Montana .. . . . .• .• ........ . ... Nebras ka ........•.. .. . ..... .. Nevada .. ..•.•.•...........•. New Jersey . ..........•....... New York .... .•............ .. North Carolina .............. . North Dakota .............•. . Ohio ............ ....•..••.... Ok lahoma ........••. •.. .. .... Orej!'.on . ......... .••...•.•.... Pennsylvania ......... .. . . •... South Carolina ____ __ ________ _ Tennessee . . .. ........... ... . . Texas ..... ... ... . ........... . Utah ... •............•.•.. . ... Virginia ... ... . ......•. •.. .... Washington ... . .... . . . . ....•. West Virginia ............. . •. Wisconsin . ___ _____ ______ ____ _ W yoming .. . ... ......•......• Alaska .. . ................ .. . . Puerto Rico ..•..........•.. .. 2 l 11 6 I 10 24 3 9 l 2 17 5 I 2 3 1 3 2 l l l 2 l 2 1 T otal. .... ..•..•.•.. .... Authorizations: Loan to a railroad'······· Subscri ption for stock of T he RFC Mortgage Co. 2.•• •• ••.• • .• ••••.• .. Subscription for preferred stock of Export-Import Bank of Washi ngton'·· 315 130 Grand total. .. ......•.. 318 7 4 2 8 5 4 4 6 5 1 12 21 l 1 7 10 1 ----- ----- ------------------130 TOTAL, SEC. 5 OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED Arkansas .•••••••.••. --· •• _·-California .. _·-·-···· ·- ----··· Districl of Columbia ... --·-·Illinois_ .. -·········- ·-----··Indiana ..•. -··-··--··---·-··Iowa ... ____ ····-····--------· Kansas __ ········-·-···--··--· Kentucky_ •••• ·--···--- ••••• _ Maine .. _••• _•••. _.. -• -• - •••• Maryland •.•••••.•. ·----····· Massachusetts __ ._. ___ ._ ••.•• _ Micbigan.·-····-·····-···-··Minnesota_ •••• -------· __ ··-· Missouri. •. _-· ____ ·---······Montana .• _.• ___ ••. _...••.• -. Nevada. __ .---· __ -··-··-·-··N ew Jersey···-·--·--·-······· l 2 4 17 7 2 2 4 2 2 2 11 3 2 l l 4 New York .... ·-··-·-······--· North Dakota•.. -· .•. ······-Ohio .....••.. ·---··· •.•.• ·--·· Oklahoma .• ·-····-··-··-·--·· Oregon .. ·-· ••..•.•.. --···-- •• Pennsylvania_.········--·-·· Tennessee. __________________ - 8 ·------··- 1 6 l 3 11 1 2 ~ir~~ia ....... ···-· ·-·-----·· Washington.·--····-····---·· l l 2 5 2 1 TotaL_·--···-··--·---· Loan to a railroad•·-----·-·-· 110 6 W~st Vi~ginia __ ·-····------·· W1sconsm ....•..•....••• --··- l ----1---G rand total..·---·····111 6 BANKS AND TRUST COMPANIES (INCLUDING RECEIVERS, LIQIBDATINO AGENTS, AND CONSERVATORS) [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] California ......•.. ···-·--···. District of Colnmbia_··--··-Illinois. __ --·- ·-· .. -·········· Indiana. __ .····-·-·-····-··-Iowa ..• _-····· ·---·-· ·--·--·· Keneas .•. ·-······-·----·--·-Kentucky ... -···-·-· -·· ....•. Main•··-·-·····-···---·-··-·· Maryland.·-··--- .•.. _. __ .••• Massachusetts .. •-··-········· Michigan ..•.. ·--· ....•...•• ·Minnesota ...•. ·-·-······ .... Missouri_ ___________________ _ Montana ... ·-··-··-········-- 2 3 '17 '7 2 • 2 '4 New Jersey·-·-·--··---·-···-· New York ...• ·--·-----·----· North Dakota·-·--·-·-···---Ohio .. - . _•... -·.• __ -- .-···· ··-_ Oklahoma. ___ ··. ____ ______ Oregon ___ ·-······-·--·--·--·· Pennsylvania·--·-·--··---·--· 2 Tennessee ___________________ _ l ❖fr~%ia ....... ·- ···-- -·--- ·-· West Virginia·--···-·-······- l '10 13 4 '8 l 16 l • 3 7 10 2 l l W isconsin .... _. ·- _____ ••• _•• _ 5 2 TotaL ••• --··-··-·-···. 101 2 l Footnotes at end of table. Digitized by Google 2 REPORT OF RECONSTRUCTION FINANCE CORPORATION 17 3.-Number of authorizations, and number of new borrowers, etc., to which authorizations were made, by States, during the first quarter of 1937 I-Continued TABLE BUILDING AND LOAN ASSOCIATION [Under sec. 5 cf the Reconstruction Finance Corporation Act, as amended) State Maryland ____________________ Number Number of author- of new izatlons borrowers Number Number of author- of new izations borrowers State ---1 ----------- MORTGAGE LoAN COMPANIES [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended) District of Columbia ________ _ Massachusetts _______________ _ Michigan ____________________ _ NevA.da _____________________ _ W asbington _________________ _ TotaL _________________ _ 1 I ----------1 l 1 ----1----1 5 2 JOINT-STOCK LAND BANK [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended) Pennsylvania __ ._ ------------1 AGRICULTURAL CREDIT CORPORATION [Under sec. 6 of the Reconstruction Finance Corporation Act, as amended] Arkansas ___________________ --1 I 1-----------11 BORROWER ENGAGED IN THE FISHING INDUSTRY [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended) Washington _______________ ---1 TOTAL, SEC. 5c OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED [Subscription for stock of a mortgage loan company) The RFC Mortgage Co.•-----1 l 1-----------11 TOTAL, SEC. 5d OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED [Direct loans to industrial or commercial business, Including participations) Arkancas. ___________________ _ California ___________________ _ Conneeticut_ ________________ _ Florida _______________ - ---- -- l<laho _______________________ _ lli1nois ______________________ _ la'..!ittna ..... __________________ _ Kansas._ .. __ ........ _____________ _ Kentucky ___________________ _ Loui~iana. _.... ____ ------------_ ~! sryland ___________________ ~ I :i.ssac h uset ts ___ • __ - - • - •• ---!>l ichi~an __________ - __ ---- --- lf inm".-iota ....... ___ .... ___ ----- ..... l1i<:5()UTL _------------------- llonlana _____________ -- -- ---- 1 2 l 2 l 7 4 2 2 2 2 2 2 I l 2 2 7 4 I 4 3 3 2 2 2 Nebraska ____________________ _ New Jersey __________________ _ New York ___________________ _ North Carolina ______________ _ North Dakota _______________ _ Ohio ________________________ _ Oregon ______________ • _______ _ Pennsylvania________________ _ South Carolina ______________ _ Washington _________________ _ ~i's"~~t~~~:::::::::::::::: Wyoming ___________________ _ 1 8 0 l l 5 5 11 I l 2 7 6 I 1 5 3 7 l 2 2 Puerto Rico _________________ _ I I 1 l TotaL ________________ _ 89 62 Footnotes at end of table. 153608-37--2 Digitized by Google 18 REPORT OF RECONSTRUCTION FINANCE CORPORATION TABLE 3.-Number of authorizations, and number of new borrowers, etc., to which authorizations were made, by States, during the first quarter of 1937 '--Continued LOANS TO INDlTSTRIAL OR CmfMERCIAL BUSINESS [Under sec. 5d of the Reconstruction Finance Corporation Act, as amended) Number Number of author- of new State izations Number Number of author- of new izations borrowers State borrowers -----------,----1·----, - - - - - - - - - - - - - - - - - - 2 California ___ ----------------Connecticut _______ ----------Florida _________ --------- ____ _ Illinois ______ --- _____ --------Indiana ______ --------- ___ ---Kansas ________________ ------- l 1 1 4 2 1 1 1 4 3 2 2 7 2 Louisiana _______ ------------- 1 1 1 m;~i~t.-.-:::::::::::::::::: Montana ____________________ _ 7 4 3 2 Maryland __________ ---------Massachusetts _______________ _ Nebraska ____________________ _ New Jersey___________________ New York____________________ North Carolina_______________ North Dakota________________ Ohio_________________________ Oregon_______________________ Pennsylvania_________________ West Virginia________________ Wisconsin____________________ Wyoming____________________ Puerto Rico__________________ •6 5 1 1 1 1 4 4 3 2 • 11 •7 2 1 •1 11 1 1 1 1 1-----11---- Total _______ ---·-------- 1 15 7 71 51 PURCHASES OF PARTICIPATIONS IN LOANS TO INDUSTRIAL OR Coin•ERCIAL BUSINE88 [Under sec. 5d of the Reconstruction Finance Corporation Act, as amended) Arkansas ___ -----·- __________ _ California ___________________ _ Florida ______________________ _ Idaho ____ ------------------·Kansas __ ----- --------- ---·--_ Kentucky ___________________ Maryland ___________________ _ Massachusetts _______________ _ Minnesota ___________________ _ I] (') (') •l New Jersey __________________ _ North Dakota_______________ _ Ohio _________________________ -------------------·--_ Oregon South Carolina ____ --· _______ _ Tennessee. __________________ _ Wisconsin. __________________ _ (') (') 1 (•) (') Total. ___ - _••• -- _______ _ •2 1 •1 ---------- 12 8 AGREEMENTS TO PURCHASE PARTICIPATIONS IN LOANS TO INDUSTRIAL OR COMMERCIAL BUSINESS [Under sec. 5d of the Reconstruction Finance Corporation Act, as amended) Kentucky ___________________ _ New Jersey __________________ _ New York ___________________ _ South Carolina ______________ _ l 1 1 •2 1 11I Washington _________________ _ Total __________________ _1 - - - - r - - - 6 3 TOTAL, SEC. 6d OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED [Loans on the assets of closed banks and trust companies) Michigan ____________________ _ Nebraska ____________________ _ 15 Total. _________________ _ 10 5 10 TOTAL, EMERGENCY RELIEF AND CONSTRUCTION ACT OF 1932, AS AMENDED Texas _______________________ _ Puerto Rico _________________ _ Total __________________ _ t········1 1 ----------- I I 2 ----------- LOAN ON [Under sec. A SELF-LIQUIDATING PROIECT 201 (a), title II, of the Emergency Reller and Construction Act or 1932, as amended] Texas __ • - ------------ ______ --1 l 1-----------11 See footnotes at end of table. Digitized by Google 19 REPORT OF RECONSTRUCTION FINANCE CORPORATION TABLE 3.-Number of authorizations, and number of new borrowers, etc., to which authorizations were made, by States, during the first quarter of 1937 1-Continued LoA.N FOB FINANCING or AGRICULTURAL Co:&DIODITIES [Under sec. 201 (d), title II, or the Emergency Relier and Construction Act or 1932) Number Number of author• of new izations borrowers State Number Number or author- of new izations borrowers State --Puerto Rico .................. 1 ----------- TOTAL, ACT APPROVED MAR. 9, 1933, AS AMENDED Number Number Less du• Net num• or au• ofnewbor• plica• ber of t~r~~t r°i:t~7· tions n;!,~~· State - - - - - - - - - - - - - - - - - - - - - - · I - - - - ---- ---- ---1 ...•••...• --········ .•.•.••..• 1 1 1 2 1 ••••••.•.. 1 1 1 1 -········· 4 4 3 1 g~~fPL::::::::::::::::::::::::::::::::::::::::::::::::::: Montana .••••••••...•.••.••••••••••••..•••••.••.••.....••..•••• New York ••••..•.•.••.••••••••••••••..••.•••.••••.•.•.•..••••• Texas ••••••.•.••.•••.•••••••••••••• •· •••• ••··•······•••········ Total ....•.. _•.•.•••...••••••.••.•••••.•••••••••••••.••.. Export•lmport Bank of Washington• •••••••.•••.•••.•••...•••• Grand total •••••••••••••••••••••••••••••••••••••••••••••• LoAN ON PBICl'BBBBD STOCK or 2 2 2 ----1-----1---- 11 9 4 6 1 •.•••••••. ···••····· ••·•·•···• - - - ------->----12 5 4 9 A BANK [Under tbe act approved Mar. 9, 1933, as amended) Number Number or au• of new tboriza• borrowers tlons State --- 1 1 New York .................... Number Number orau· or new thoriza· borrower tions State SUBSCRIPTIONS FOB PBIU'ICilBICD STOCK 01' BANKS AND TRUST COMPANIBS [Under tbe act approved Mar. 9, 1933, as amended) gf:o;;i,1::::::::::::::::::: I Montana .••.•••..•••••••••.•• New York .••••.••••••••••.••• PUllClliBICS or 1 1 1 1 3 I1 1 1 3 Texas ••••••••••••.••••••••••. Total.. •..........•.••.. Export-Import Bank or Washington ••.••••••••.•••. 8 Grand total .•......•.•. 9 CAl'ITAL NOTICS OB DBBICNTURICS or 7 1 ....•••••• 7 BANKS AND TRUST COMPANIICS [Under the act approved Mar. 9, 1933, as amended) MissourL ••••••••••••.•..••••• Texas......................... µ,1------- ---11 Total................... 1 1 2 1 TOTAL, SEC. 36, TITLE II, OF THE EMERGENCY FARM MORTGAGE ACT OF 1933, AS AMENDED [Loans to drainage, levee, irrigation, and similar districts, etc.) Arizona ••.••••••.•.•.••...••. Arkansas •••.... -·· .•......... California.••..••••••••..•.••• Colorado._ .••.•••... -•..•••.. Florida. ••..••••.•••........•. Idaho .•• ----··· ••.•••..•••••• Illinois ••••••••. --·· •..•.••••• Iowa •••••.•...•••....•••.••.. •2 lO 11 •s 3 • 2 I I 118 II 2 113 II] IS 2 •2 3 111 •s if ~i.!:4>~1:::::: ::::::::::::: Missouri. .••.••••....•...••.. (') 168 86 Oregon •••......••.•......... _ Texas .•.......... -.... -. -..• Washington ...•••............ I )3 Total.. ...••.••...•...• _ 69 (") II) •1 2 12 3 1 II Bee footnotes at end or table. Digitized by Google 23 20 REPORT OF RECONSTRUCTION FINANCE CORPORATION TABLE 3.-Number of authorizations, and number of new borrowers, etc., to which authorizations were made, by States, during the first quarter of 1937 L-Continued TOTAL, ACT APPROVED APR. 13, 1934, AS AMENDED Loans to finance the repair of damage by earthquake, flood, or other catastrophe in 1933, 1934, 1935, and 1936 1 Number Number of author- of new izations bottowers State Number Numher of author- of new lzations borrowers State ____________,____,_____, - - - - - - - - - - - - - - - - ---- Georgia _____________________ _ Massachusetts _______________ _ Mississippi __________________ _ I 3 2 7 7 1 Pennsylvania ____ -----------_ Total.. ___________ -- ---- 2 1 13 10 TOTAL, SEC. 14 OF THE ACT APPROVED JUNE 19, 1934, AS AMENDED 10 [Loans to borrowers engaged in the mining, milling, or smelting of ores] Alaska __ --------------------Arizona ____________ ---------California ___________________ _ Montana ____________________ _ 83 8 2 3 3 1 1 1 1 Virginia _________________________1 _ L - 2 Total..__________________ 91 8 TOTAL, ACT APPROVED AUG. 24, 1935 [Loans to or for the benefit of tax-supported public-school districts, or other similar public-school authorities, in charge of public schools] Arkansas _____________ ---- -__ -I 1 "Borrowers, etc.", includes applicants to which loans have been authorized and institutions in connection with which purchases of preferred stock, capital notes, or debentures have been authorized. • Not included in the State totals shown above because the operations of the borrowers, etc., ordinarily are not confined to any one State. • During the first qunrtcrof rn·;7, 5 authorizations made prior to the first quarter were completelyreseinded. These rescissions have not been deducted from the number of authorizations made during the quarter, Inasmuch as the authorizations were made during prior quarters. • During the first quarter of 1937. 2authorizations made prior to the first quarter were completely rescinded. These rescissions have not been deducted from the number of authorizations made during the quarter, inasmuch as the authorizations were made during prior quarters. • During the first quarter of 1937, 1 authorization made prior to the first quarter was completely rescinded. This rescission bas not been deducted from the number of authorizations made during the quarter, inasmuch as the authorization was made during a prior quarter. • During the first quarter of 1937, 3 authorizations made prior to the first quarter were completely rescinded. These rescissions have not been deducted from the number of authorizations made during the quarter, Inasmuch as the authorizations were made during prior quarters. • During the first quarter of 1937, 7 authorizations made prior to the first quarter were completely rescinded. These rescissions have not been deducted from the number of authorizations made during the quarter, inasmuch as the authorizations were made during prior quarters. • During the first quarter of 1937, 1 authorization made prior to the first quarter was completely rescinded. This rescission· has not been deducted from the number of authorizations and the number of new borrowers during the quarter, inasmuch as the authorization was made during a prior quarter. • Includes 4 borrowers to whom Joans were authorized prior to the first quarter of 1937, under sec. 5, as amended, of the Reconstruction Finance Corporation Act, such borrowers being included under that section In previous quarterly reports. During the first quarter of 1937 authorizations were made to these borrowers under sec. 5e of the Reconstruction Finance Corporation Act, as amended. 10 During the first quarter of 1937, 10 authorizations made prior to the first quarter were completely rescinded. These rescissions have not been deducted from the number of authorizations made during the quarter, inasmuch as the authorizations were made during prior quarters. 11 During the first quarter of 1937, 9 authorizations made prior to the first quarter were completely rescinded • These rescissions have not been deducted from the number of new borrowers during the quarter, inasmuch as the authorizations were made during prior quarters. 11 During the first quarter of 1937, 1 authorization made prior to the first quarter wa.s completely rescinded. This rescission has not been deducted from the number of new borrowers during the quarter, inasmuch as the authorization was made during a prior quarter. 13 During the first qnarter of 1937, 2 anthorizatlons made prior to the first quarter were completely rescinded. These rescissions have not been deducted from the number of authorizations and the number of new borrowers during the quarter, inasmuch as the authorizations were made during prior quarters. " During the first quarter of 1937, 2 authorizations made prior to the first quarter were completely rescinded. These rescissions have not been deducted from the number of new borrowers during the quarter, Inasmuch as the authorizations were made during prior quarters. 1, During the first quarter of 1937, 4 authorizations made prior to the first quarter were completely rescinded. These rescissions have not been deducted from the number of authorizations made during the quarter, inasmuch a.s the authorizations were made during prior quarters. Digitized by Google REPORT OF RECONSTRUCTION FINANCE CORPORATION 21 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, and disbursements from Feb. 2, 1932, to JI.far. 31, 1937, inclusive, by States 1 TABLE GRAND TOTAL N u~ber Number Amount authornuthori- of borized zations rowers State Alabama ______________ _____ _ Arizona ____________________ _ Arkansas ___________________ _ California __________________ _ Colorado ___________________ _ Connecticut ______________ ___ Delaware __ : _________ _______ _ District of Columbia _______ _ Florida _____ _______ -- -- -- -- -Georgia ___ ________ __________ _ Idabo __ _____________ _______ _ Illinois _____________________ _ Indiana ____________________ _ Iowa _______________________ _ Kansas ___ __ ___________ __ ___ _ f;~~~~L~==::::::::::::::: Maine ______________________ _ Maryland __________________ _ Massachusetts ______________ _ Michigan ___ _________ _______ _ Minnesota _____ _____________ _ ~:~"ii~f~!::::::::::::::~::: Montana _______ ____________ _ Nebraska ____________ _______ _ Nevada ____________________ _ New Hampshire __ __________ _ New Jersey __ _____________ ___ New Mexico____________ ____ _ New York _______________ ____ North Carolina __ ________ __ __ North Dakota____ _____ __ ____ ____ -------------------_ Ohio Oklahoma ________ __________ Oregon ___________ ___ ____ __ __ Pennsylvania.. ___________ ___ _ Rhode Island _______________ _ South Carolina ___________ ___ South Dakota ______________ _ Tennessee ___ ---- - _- ----- ---Te.,as ______________ -------------------Utah ___ _________ _ Vermont __________ -------- __ -- --________ - - - -- ---________ -- - --- --_ Virginia_ Washington West Virginia ___________ ___ _ Wisconsin _______ --- ________ _ Wyoming __________________ _ Alaska _______ --------------Hawaii _____ _____ --- - -------Puerto Rico_---------------Virgin Islands ______________ _ Tota} ___ - - - - --- ---- --__ Authoriz:3.tions: Loans to The Amount withdrawn or can- celed Amount disbursed 496 96 690 827 294 267 23 129 375 710 236 I, 845 945 I , 126 585 617 681 199 347 520 ! , 252 932 752 I, !20 286 ! , 263 67 52 I, 170 92 !, 610 576 363 I, 4ll 418 432 2,038 29 234 446 695 I, 258 217 151 499 843 478 1,400 110 12 275 63 480 468 204 168 21 46 286 522 l~O !, 101 659 713 438 388 341 107 241 395 717 622 459 741 162 401 35 45 796 59 1,153 406 2fi4 I, 023 208 220 I, 336 21 141 299 4JJ 897 132 103 340 372 286 I, 018 5 3 4 19 I $37,06 1, 747. 75 23,742,009.86 63, 754, 119. 72 595, 260, 070. 46 26, 169, 186. 63 33,028,030.41 3, 349, 500. 00 37,028.434. 01 24, 970, 987. 23 Zl, 251. 007. 93 I 5, I :is, 865. 99 438, 31 I, 02'3. 04 81, 494, 365. 54 89,562,847. 33 20, 724, 95 I. 49 51,123,911.07 212, 707,782.00 77,570,229.02 141 , 096,160.25 97. 966, 4 I 2. 32 509,351,287.14 39, 769, !08. 26 45, 197, 028. 52 122,020,951.39 15,017, 477.22 24, 344, I 23. 50 12,417,219.04 5, 646, S.,3, 00 241, 063, 983. 78 10, 904, 525. 81 754,008, 180. 82 69, 079, 250. 20 14, JI 0, 206. 73 561,499,595. I 7 26, 303, 404. 34 25, 788, 004. 21 337, 176, 962. ,56 7, 492, 877. 54 36, 031, 525. 24 18, 863, 309. 13 117, 683, 532. 49 130,097, 544. 73 22, 460, 215. 94 Zl, 008, 596. 63 45, 032, 630. 70 64, 980, &58. 44 46, 885, 260. 06 124,855,916. 13 6, 354, 398. 62 1, 073, 500. 00 1, 444, 935. 00 5, 532, 500. 00 251,000.00 31,245 19,801 5, 567, 058, 200. 39 a 57 12 • 399, 636, 000. 00 8 8 9, 250. GOO. 00 I, 343 12 178,840,4 52.48 5,596, 81 l. 76 173, 243, 640. 72 154 74 628, 519, 795. 00 106, 393,555.89 517, 126, 239. 11 53, 370, 955. 22 33, 146, 368. 56 20, 22s, 586. 66 23 53 11 $5, 177. 719. 82 I. 157, 008. 49 JO, 461,216.07 37,684,821.61 4,825, 703. 77 5, 162,962.01 2, 232, 300. 00 4,612,536.01 5, 356, 778. 49 6, 139, 128. 46 2, 173. 500. 71 52,897,1 77.66 14, 097, 060. 44 14,518,925.06 2,886, 716. 21 10,846,857. 74 84, 980, 3G6. 24 10,900,931. 25 14,745,247.55 15,582,903. 58 100, 836,859. 33 5, 648, 777. 49 4,746,185.43 31,646,204. 22 I , 289, 948. 76 3, 785,732.50 I, 189,489. 28 1,119,254.92 30,052,981.34 1,361,976. 78 58,929,267.30 13, 398,887.35 1,564,718.22 98,690, 134.35 2,001,417. 48 4, 111, 676. 36 66, 739, 366. 36 761,547.55 4,929, 124. 79 4, 043, 958. 09 15,363,122.58 17,203,047. 70 3, 984, 916. JI 2, 162, 170. 27 7,935,004.18 18,015,716.02 5, 088, 002. 26 18, 978, 317. 35 844,137.60 36,000.00 2 I4, 103. 00 1,138,382.18 126, coo. 00 $31,722,048.51 9, 849, 210. 73 47,180,682.63 483,151,748. 61 20,238,222.47 26,198,040. 72 I , 117, 200. 00 31,116,998.00 16, 605, 871. I 7 20,429,433.47 I 2, 259, 499. 70 378,338,380. 64 66, 244, 229. 01 74,824,418. 50 16,817, 274. 63 38,661,499. 59 I 26, 731, 221. 98 66. 501, 797. 77 125,081,514. 77 80,793,603.57 405,913, f,83, 30 34, 022, 555. 30 39,922,771.67 85, 790, 787. 21 13, 298, 129. 85 19,724, 265. 71 8,027,372.82 3,829,569.22 206,326,867.38 9,314, 934.90 557,596, 934. 50 55,458,569.84 12,352,825.54 133, 758, 122.88 24, 175,570.3 1 19, 489, 397. 04 263, 869, 927. 68 6,731,329. 99 29. 933,440.45 14, 735, 614. 93 101,347,126.17 109,206,825. 74 18, 196, 287. 56 24, 784, 22G. 36 36,915,580. 2G 45, 785,627.42 39, 994, 221. 41 105, 458, 798. 78 5,341,261.02 467,500.00 1, 230, 832. 00 4,190,808.64 125, 000. 00 t - - - - - - - t-- -- - - 834, 376, 288. 32 4, 411, 179, 662. 35 RFC Mortgage Co.2 ________ _ Loans to Federal land banks•---------------Loans to Federal intermediate credit banks'Loans to regional ngri<'U.ltural creuit corporations (re<liscounts)• __ Loans to railroads (including receivers and trustees)'- ________ __ __ _ Loans for finRncing exports or agricultural surpluses•------------See footnote at end of table. 6 2ll, 170, 864.00 36,959, 139. 94 7 12, !00, 000. 00 4 387, 236,000.00 9, 2,50, 000. 00 Digitized by Google 22 REPORT OF RECONSTRUCTION FINANCE CORPORATION 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, and disbursements from Feb. 2, 1932, to Mar. 31, 1937, inclusive, by States 1-Continued TABLE GRAND TOT AL-Continued State Number Number anthor• of of bor• Amount authori• rowers ized zations Authorizations-Contd. Loans to Secretary of Agriculture to acquire cotton•..•............. Loans to Commodity Credit Corporation•... Subscriptions for stock RFC Mortgage of Co.The ___________________ Amount disbursed 2 1 $23, 500, 000. 00 $20, 200, 000. 00 $3, 300, 000. 00 13 1 1,222, 108, C64. 99 366, 235, 571. 68 64.6, 452, 782: 73 3 1 25, 000, 000. 00 - -- --------------- 25, 000, 000. 00 3 1 45, 000, 000. 00 - ----------·------ 20, 000, 000. 00 -------------- 2, 500, 000. 00 2 Subscriptions for pre• !erred stock of Export· Import Bank of Wash· ington '··············· Rub~cription for pre!erred stock of Second Export-Import Bank of Washington, D. C.I. Loan to R urn! E lcctrification Administration•.• Grand total. ••.•••.••. Amount with• drawn or canceled 1 1 2, 500, 000. 00 - --- 1 1 1, 000, 000. 00 32,843 19,917 8, 192, 743, 208. 02 -----------------1, 378, 348, 506. 21 598,000.00 • 6, 245, 281, 775. 57 AMOUNT OF DISBURSEMENTS FOR RELIEF UPON CERTIFICATION OF GRANTS BY THE FEDERAL EMERGENCY RELIEF .~DMINISTRATOR, UNDER TIIE FEDERAL EMERGENCY RELIEF ACT OF 1933, FROM FEB. 2, 1932, TO MAR. 31, 1937, INCLUSIVE, BY STATES State Ala barns ...•••••••••••••.•••••••.•.. Alaska ......••••••.•••••••••••.•••.• Arizona ____________________________ _ Arkari sas ____ .. _.............. ____________ .. __ California .•••.••..••••••••••.•.•.... Colorado .........•...•..•••.•••••.•• Connecticut............••••••••••••• Delaware .............•••.•••.•••..• District of Columbia.•••••..•.••.... Florida...•••..•..•••.••••....•..•••• i:':~if ~= ::::::::::::::::::::::::::: Idaho .•...•••••••..••••..•...•.•.... Illinois .•.•..•....••.........•••••••. Indiana ..•••.•.•.•.•...••••.•..•.•.. Iowa. .•.•••....••.•.•••••••..•....•.. Kansas ....••••••••.•.••••..•........ Ei~t~~~t:::::::::::: :::::::::::::: Maine ......•••••••••••••.•••.••••.. Mary land .•.........•••••..••.•••••. Massachusetts .•.......••......••.•. Michigan ...••.•.•.•.........••.•... Minnesota .•.••....•.•.....•........ ~:~~~fpi... ....................... Montana .••...••...•.••.•..••••••••. Nebraska ....•••..•••••••••••••••••• Amount dis• bursed $8,994.391 349,629 2,834, 146 7,410,249 15. 823,535 3. 925,050 4,594,154 1,010,708 1,056,174 13. 347,232 7. 705,354 1,110,561 809,957 52,240, 0~8 11,259,425 5,248, 789 2,732,726 5,945,118 13,034,157 1,251,414 7,171,098 11,355, 140 31,369, 782 8,831,959 8,550,286 6,685,494 2,853.357 2,125,699 Amount dis· bursed State Nevada............................. New Hampshire.................... New Jersey......................... New Mexico........................ New York.......................... North Carolina..................... North Dakota....................... Ohio................................ Oklahoma........................... Oregon.............................. Pennsylvania....................... Puerto Rico......................... Rhode Island....................... South Carolina...................... South Dakota....................... Tennessee........................... Texas ........•...........••••• •••••• Utah................................ Vermont............................ ~:~~:~i!~~~~~~::::::::::::::::::::::: Washington......................... West Virginia....................... Wisconsin........................... Wyoming........................... . Total._....................... See footnotes at end of table. Digitized by Google '370,801 966,436 15,423,438 889, 188 · 63,131,826 9,700,990 3, 612, 520 36, 763, 382 6,309,005 3,213,315 44, 106, 509 1,970, 201 1,870,967 10,424, 200 7, 035, 597 6,369, 196 13,249,874 1, 723. 352 481. 544 5, ~~ 5,627, 175 11,090,599 9, 619, 053 100,383 :!: 1-----499,650,000 REPORT OF RECONSTRUCTION FINANCE CORPORATION TABLB 23 4.-Number of authoriwtiofl3 and borrowera, to which authorizationa were made; and amount of authoriwtiona, withdrawala or cancelationa, and disbursementa from Feb. J!, 1991!, to Mar . 91, 1997, incluaive, by Statea I-Continued TOTAL, SEC. 6 OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AB AMENDED State Number Number of author- of horlzations rowen Alabama.-------------·.·--· California •• ---··-·---·------ Colorado.·-·----·--···-·--·· Connectlcot___ ··--·-····· ••. Delaware .••••••••• ·--· •••••. Dislrlct or Columbia _____ . _. Florida. ••••••••••••.••••.••. Georgia. •••• ·-·-- •• -- ·- - -- - - - Louisiana. - - - ----- ·-------·· Maine .. ·-·-··-----·--------Maryland ___ ·-·-·-·--------M&IIIBChusetts--·----·------Michigan.. __ --------- •• -·-- __ Minnesota. _____ .·--------· __ :=~-!:::::::::::::::::: Montana ________ .. ... . ____ .. 3, 235, 307, 965. 16 7 157 1 12 36, 059, 139. 94 • 399, 636, 000. 00 8 8 9, 250, 000. 00 707 299 625 170 199 173 34 120 80 429 558 266 290 254 1, 'lJJ7 7 155 262 481 606 131 82 261 Wublngton ·-· ____ ------ ___ . West VirgloJa_---····-·-·-·· Wisconsin .• ____ ••• --·.···--· Wyoming.··-----·-········· Alaska.-···· · ····----· · ·-·-Hawaii. . __ ..•. ______________ Puerto Rico •••••• - • - • -- •• - -- 603 322 828 Total •• __ - - - - - - • - - • -- - . Loans: To The RFC Mortgage Co.I.-----·--- - - ·-----To Federal land banks t_ To Federal Intermediate credit banks•--------To regional agricultural Grand total_-··----- 9,020 303 161 771 320 Teas_________ __ ----- -- - -----·· -- ---Utah ·-.-- ----· · --·· Vermont._. --- -------·-···-Virpnia •• - - · . --------. ---·-- u 138 1,404 627 919 299 399 422 114 207 173 910 360 T ~----··--·---------- 163 18 197 199 87 3 30 127 160 645 142 467 33 18 692 41 527 Nebraska._.·---- -- -.. - -·-·-· Nevada._ .. · ·----·--·--·-· - New Hampshire. ____ -·· __ ••• New 1erseY-··--··--·-···---New Mex!CO.----···--- --·--· New •••• ------------··· NorthYork CarolJna. ___________ .. North Dakota. ______________ Ohio ••• __ .--·-----·--------Otlaboma. _••• - -- - --- - - - - - -Oregon .. . . ____ .. ----------·Pennsylvania.- ---·-·-·---Rhode 181and ______________ •. Soulh Carolina_______ ------South Dakota _______________ ==-~~~~~-~-":. 17,863 90 3 109 174 Idaho. __ .·------·- -- ·--- ---Illinois. __ ----·-·----·------Indiana. __ ··-------- .• -·---Iowa_.··-- · -·--···-·-----·-Kamas _____ .. --·-·-·---·--Kentucky _____ • _____________ To railroads (Including recelveraand trustees)•. 74 2 2 6 19 257 205 85 463 146 87 818 3 77 134 223 308 60 37 135 169 160 526 23 2 2 3 $15, 318, 876. 42 3, OU, 300. 00 32, 098, 765. 33 208,867,103.50 8,622,071.29 20,587,785.41 257,000.00 31, 700, 434. 01 10, 327, 430. 82 13, 735, R92. 50 8, 269, 781. 61 242, 960, 682. 99 63, 699, 823. 00 73, 109, 715. 13 9, 224, 079. 22 23, 643, 355. 65 119, 386, 276. 71 64, 223, 434. 02 103, 686, 528. fi8 70, 829, 903. 32 420, 675, 440. 05 17, 086, 379. 13 19,196,237.03 76, 952, 558. 01 6, 635, 700. 41 13, 102, 223. 59 7,524,032. 11 1, 794, 000. 00 135, 132, 038. 41 2, 697, 215. 05 299, 223, 498. 85 50,073,664.86 7,944, 784. 75 431,685, 609. 50 0, 846, 524. 53 11,250, 831. 43 226, 789, 065. 81 2, 223, 287. 54 25, 763, 495. 24 12, 001, 993. 72 83, 009, 338. 50 65, 201, 248. 83 13, 313, 831. 62 10, 014, 096.• 63 24, 275, 675. 99 {2, 754, 930. 21 28, 806, 046. 61 70,296,469. 61 4,470,498. 62 100,000.00 850,000.00 1, 218, 000. 00 339 41 373 486 150 ArlsoDB.-------··---·---·--· ArltaDIIIIII .•••• _. _____ • __ • ___ . Amount authorized 66 135 331 61 195 12 13 (34 Amount with• drawn or canceled $4, 'JJJT, 294. 82 Amount disbursed 372,694. 25 $11,111,581.60 2,754,251. 73 25, 692, 546. 05 198, 383, 946. 46 7,123,048.32 18, 103, 739. 72 249,000.00 28, 130, 498. 00 6, 248, 628. 43 10,817,589.37 7,361,080. 76 199, 900, 230. 58 42, i78, 287. 56 61, 492, 836. 86 7, 273, 680. 41 18, 762, 242. 79 87, 769, 684. 62 66, 355, 579. 81 91, 185, 106. 77 61, 206, 321. 65 323,814,034. 77 13, 499, 991. 70 16, 5M, 781. 06 62, 759, 573. 26 5,031, 701. 73 JO, 163, 717. 96 6, 750, 166. 97 1, 437, 860. 08 116, 032, 225. 00 1, 891, 546. 03 194, 358, 604. 04 39, 248, 993. 79 6, 896, 636. 42 315,466,742.26 8, 259, 118. 01 8, 918, 080. 50 173,224,721.33 1, 958, 239. 99 21, 786, 765. 11 8, 185, 606. 54 73, 995, 466. 72 56, 567, 729. 79 10, 503, 715. 55 8, 815, 016. 86 19,777,391.08 29, 513, 980. 14 23, 407, 736. 25 57, 663, 586. 69 3, 946, 361. 02 100,000.00 835,897.00 845,305. 75 560, 901, 433. 21 2,654,012,074. 78 281. 448. 27 6, 282, 650. 52 10, 449. 267. 32 1. 499, 022. 97 2, 484. 045. 69 8,000. 00 2,271,036.01 4, 078, 802. 39 2, 918, 178. 13 908,700.85 41,294,547.36 10, 515, 248. 50 11, 542, 678. 27 1, 913, 298. 81 4, 023, 412. 86 30, 973, 292. 09 7, 730, 354. 21 11, 705, 115. 88 9, 249, 78R. 84 95, 473, 346. M 3, 545, 987. 43 2, 594, 055. 97 24, 121, 584. 75 591,998. 68 2, 390, 455. 63 638,865. 14 356,139. 92 17,504,811.01 705,669.02 29, 460, 890. 79 10, 761,128. 06 1,029,948.33 88, 356, 422. 87 1, 560, 989. 97 2, 269, 550. 93 50,967,442.20 265,047.55 3, 873, 430. 13 3, 801, 637. 18 8, 641, 493. 78 8, 48.5, 123. 09 2, 743, 616. 07 2, 088, 4i9. 77 4,406, 047. 91 12, 616, 959. 07 3,845, 710. 36 12, 557, 582. 92 524,137.60 ----·---- 14,103.00 --- ---- ------·----------- 12, 400, 000. 00 --------------·-·- 29, 170, 864. 00 • 387, 236, 000. 00 9, 250, 000. 00 1,3(3 12 178, 840, 452. 48 5, 596, 811. 76 173, 243, 840. 72 154 74 628, 519, 7115. 00 106, 393, 555. 89 517, 126, 239. 11 9,127 4, 488,613,352. 57 685,291,800.86 3,670,938, 818. 61 -19,432 -- Bee footnote& at end of table. Digitized by Goog Ie 24 REPORT OF RECONSTRUCTION FINANCE CORPORATION 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, and disbursements from Feb. 2, 1932, to Mar. 31, 1937, inclusive, by States 1-Continued TABLE BANKS AND TRUST COMPANIES (INCLUDING RECEIVERS, LIQUIDATING AGENTS, AND CONSERVATORS) [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended) Number Number or author• of bor· izations rowers State Amount authorized Amount with• Amount disbursed drawn or canceled ---Alabama .... .••..•...•...... Arizona ______ ___ __________ __ Arkansas .......•.•.. .•...... California ..............•.... Colorado .........•.•......•. Connecticut •. .••...•.•...... Delaware .. ..............•... District of Columbia.·•··-·Florida __ ... ..........•. _____ Georgia _____________ . ________ Idaho . ...•.................. Ulinois ........ .•... •....... . Indiana ....•..••...•.. ·-_. __ Iowa .......•. ......•.•....•. Kansas .•...........•.•.•.•.. K entucky······· ···········L ouisiana ___________________ Maine _____________ __________ Maryland . .. ... ..... .... .... Massachusetts..•.. -········Michigan ..•... .............. Minnesota_ •.. .. . .•........ _ Mississippi..·- --······-····Missouri_ _____ ___ _____ ___ ___ Montana . ... ...... .......... Nebraska.................... Nevada ... .................. New Hampshire ............. N ew Jersey. •..... . .......•.• New Mexico ..............•. New York ..... .... •......... North Carolina ..... ......... N orth Dakota ... .. ...... .. •• Ohio • . .... •... ...... ....... . Oklahoma .......... ....... .. Oregon.········-·-··· · ·····Pennsylvania •.••.......••.•. Rhode Island·--·····--··- · -South Carolina __ ... ..••..... South D akota .. •....... ..... Tennessee.•-· -· · -·-· -- ·····Texas ... ···-··-··- ..•....... Utah . .. . •-·--·--·-··--···--Vermont_ .····--·-·--·· ··-·Virginia ______ ·-·-·······---· W ashington .............. . . . ~r::o~~rt~~~::::::::::::::: W yom ing ________ ___ ________ ~~;~t~:::::::::::::::::::: Puerto Rico ..•.• ·-·· •.....•. Total.. ..•....•......•. 314 39 310 423 128 77 · 3 102 150 277 98 I, 255 496 871 289 378 366 l13 149 103 783 545 257 615 98 443 29 18 372 27 417 240 154 499 299 224 1, 099 5 114 251 436 503 93 82 234 377 297 726 41 2 2 5 - - -15,228 3 $12,946. 065. 87 2,06 1,300.00 26,630, 751. 13 126,234,475.25 5, 338, 993. 30 18, 3e3, 211. 73 ?,17, 000. 00 30. 510,901.41 8,926,297.83 11,677, 397.99 3, 659, 856. 72 218,503,224 . 00 46. 963, 823. 00 62,920,365. 13 8, 704,579.22 20, 767.927. 65 108, 156. 414. 31 61,023,434.02 62, 187,257.68 4?.. 058, 700. 00 399, 5.36, 510. 12 13,652, 87P. 13 18, 463, 259. 36 62, 397, 308. 01 3,022,987. 51 7,841,848. 59 5, 928. 725. 92 1, 794, 000. 00 80, 772, t,23. 30 I, 513, 773. 54 11 6,383, 188. 01 37,796,1 87.51 7,649, 284. 75 320,691,326.68 4,691.874. 53 9. l 05, 880. 88 214, 389, 359. 65 1, 7,55, 811. 54 21,325,946. 13 5, 114. 916. 70 78,592,431.50 31,498,474.80 8, 00 I. 388. 52 10,914,096.63 20,315,808.67 31, 467,510. 09 24, 670, 555. 84 41,618,990.81 l, 486. 574. 42 JOO. 000. 00 850,000. 00 1, 218, 000.00 7,367 2, 462, 453, 535. 38 138 16 158 159 72 30 3 25 Ill 146 50 610 274 494 161 179 132 33 76 48 341 279 129 313 52 '183 9 13 149 14 191 11 8 79 265 127 80 529 2 53 127 199 239 55 37 116 147 138 444 17 2 2 $3, 632, 841. 96 181 ,448.27 5, 628, 656. 25 8,500,287.99 1, 129, 192. 13 2, JI 9, 560. 17 8,000.00 2,271.036. 01 3, 940, 182. 78 2,424,315. 55 757, 710.33 33, 250, 996. 52 9, 146,460.8 1 8,446, 714. 28 1. 777,815.47 2,596, 124.47 28, 769, 178. 89 7,730,354.21 8,847,408. 22 6, 003. 079. 83 89, 825, 077. 77 3. 468, 999. 66 2, 583, 353. 19 21,989,41 1.16 367,339. 61 1,43 1, 8 13.51 223,394.36 356,139.92 10, 334, 425. 60 539, 419. 14 18. 948,281.47 9, 709, 258. 55 I, 02 1, 680. 58 56,935,837.45 !, 437,556.41 1, 548, 578. 38 48, 585, 269. 23 ~52. 784. 55 2,497. 237. 52 I , 055, 263. 38 6, 498, 829. 81 4,969,672. 22 2, 387, 022. 37 2, 088, 479. 77 3,312,852. JO 11.657,044.30 3, 142, 165. 66 10, 228, 500. 82 290,04 1. 53 ~9, 313, 223. 91 1. 874, 2~1. 73 20, 009, 253. 40 117, 700, ?97. 54 4. 209,801.17 16,243,657. 56 249. ooo.n.o 27, 290,965.40 4, 986, 115. 05 9, 253, 084. 44 2, 902, 146. 39 183,486.322. 43 37, 4 ll, 075. 24 54,399,450.85 G, 889,663. 75 17, 313. 803. 18 79, 343, 935. 4 2 53, 155. 579. 81 53, 203, 649. 46 35, 961, 720. 17 308, 543, 373. 11 JO, 143,479.47 15,842,506.17 40, 336, 496. 85 2,643. 647. 90 6,391,985.08 5, 705, 331. 56 1,437,860.08 69,812, 214. 11 974,354.40 95, 868, 335. 52 28, 023, 928. 96 6,609,404 . 17 235, 898, 225. 86 3,227,901. 57 7,490, 102. 50 163,240, 100. 29 1, 503, 056. 99 18,725, 408. 61 4, 044. 803. 32 71,730, 001. 69 26. 434 , 394 . 63 5. 547. 866. 15 8,815,916. 86 16. 920,256. E7 19, 806, 465. 79 20,975. 790. 18 31,31 5,189. 99 1,196,532. 89 100. 000. 00 835,897.00 845,305. 75 ------ ---14,103.00 -- ------372,694.25 455, 234, 189. 41 1,967, 143, 130. 92 BUILDING AND LOAN ASSOCIATIONS (INCLUDING RECEIVERS) [Under sec. 5 of the Reconstruction Finance Corporation Act. as amended] Alabama ....••.........•.... Arkansas ......•............. California •...•.........•.... Colorado.·····--·--·---·---Connecticut_ .....•......•.. _ Georgia ..........•.••.••..... Illino)s_ ..• ·- .. _.... _....... . Indiana.··-···-·········- .. . Iowa __ -·-·-·-·····-········· Rentucky ___ ······-···-····· See footnotes at end or table. 3 45 50 1 8 1 73 16 15 16 3 28 32 1 8 1 70 16 13 16 $111, 000. 00 2, 795, 378. 25 9,805.134. 81 110. 000. 00 549.000. 00 5,000.00 3, 98S, 989. 09 1, 683, 000. 00 1, 132, 800. 00 1, 449, 500, 00 Digitized by $811, 96 137,014.84 523,756.13 3,263.06 49,242.14 302,971.46 22,179.40 25,110.25 54,488.39 Google $l10.188.04 2, 658, 363. 41 9,281.378. 68 JO~, 736. 94 499. 757. 86 5,000.00 3,686,017.63 1, 660, 820. 60 1,107,689. 75 1, 395, 011. 61 REPORT OF RECONSTRUCTION FINANCE CORPORATION 25 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, and disbursements from Feb. 2, 1932, to Mar. 31, 1937, inclusive, by States 1-Continued TABLE BUILDING AND LOAN ASSOCIATIONS (INCLUDING RECEIVERS)-Contlnued Number Number of author- of borlzations rowers State Louisiana. __________________ Maryland ___________________ Michigan ____________________ Minnesota ___________________ 32 23 24 ~~¥~!:::::::::::::::::: Montana____________________ 4 1 Nevada.-------------------New Jersey __________________ New York ___________________ North Carolina______________ North Dako,ta _______________ Ohio ____ -- -----------------Pennsylvania ________________ South Carolina______________ South Dakota _______________ Tennessee _______ -- ______ ---Tuaa. - -___ ------ -- - --- -- -Vhglnja _____________________ 1 276 36 85 3 238 77 28 7 6 24 13 5 4 • Was~.n----------------W~st V1~inJa _______________ W !SCODSID••• ____ --- - - - - -- - - Wyoming ___________________ Total. _____ ------------ 17 89 • -1,229 Amount authorized $3, 273,. 860. 03 Amount withdrawn or canceled Amount disbursed 16 75 2 2,399,417.93 2,091,287.87 107, 500. 00 103,500.00 250,000.00 313,605.00 85,000.00 30, 379, 926. 12 9, 267, 159. 38 3, 580. 018. 30 155,000.00 52, 153, 834. 58 4, 122, 100. 00 1,668,049.11 261,077.02 290,000.00 1, 718, 150. 00 975,662.35 164,000.00 1,626,000.00 9,041,000. 00 641,781.25 $24,186.57 28,696.94 221,494.69 3,226.48 7,502.78 2,230.27 78,068.78 55,000.00 1, 703, 772. 45 1, 961, 134. 86 75,868.94 3,022.75 22, 522, 623. 40 159,297.39 149,228.63 15,011.55 405.15 105,416.04 25,050.90 5,591.24 15,681.12 463,211. 79 72,972.88 $2, 649, 673. 46 2, 049, 703. 06 1, 869, 793. 18 104,273.52 95,997.22 247,769.73 235,536.22 30,000.00 28, 676, 153. 67 7, 306, 024. 52 3,504,149.45 151,977.25 29, 631, 211. 18 3, 962, 802. 61 1, 518, 820. 48 246,065.47 289,594.85 1, 612, 733. 96 950,611.45 158. 408. 76 1, 610, 318. 88 8, 577, 788. 21 568,808.37 1,011 146,297, 731. 18 28,817,533.23 116, 559, 180. 02 26 19 16 3 4 1 4 1 254 24 68 2 173 72 19 5 6 20 9 4 INSURANCE COMPANlES [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] Alabama _____ ___ __ __________ Arkansas __ ----------- ____ ___ Colorado ____ __ --- ______ ___ __ District of Columbia ________ Florida-__ --- ----------_ Illinois __-____ - _______ __________ Indiana ___ --------- ---- ----Iowa _______ Kansas ___ ___----------------____ __ ________ __ f!~s~~::::::::::::::::::: Maryland _____ ___ --- ________ Michigan. _______ __ ___ ______ _ Minnesota___ ________ _____ ___ ~=~r~_i:::::::::::::::::: N°ellraska ______ ------ -___ __ __ New Jersey __________________ New York ____ ______ ______ ___ orth Carolina.. ____ ______ ___ ' orth Dakota ________ ___ ____ N Ohio ___ ___ ___ _____ -- -- ______ Oklahoma _______ ____ ___ _____ Pennsylvania. ______________ Carolina ______ ________ south Dakota ___ ____ ________ soath eunessee ________ - ____ _____ _ 'I' T e.xa.s _ - - - - --- - -- - - ------ ---V Vi '~:~~~rt~~~===:::::::::::: Total.. ____ ---------- -See footnotes at end 6 4 1 1 2 27 10 24 7 1 2 6 16 2 3 12 10 6 17 7 2 6 3 6 3 1 4 12 1 3 2 207 3 4 1 1 2 14 1 2 2 $339,050. 00 435,000.00 50,000.00 75, 000.00 33,000.00 6,023, 500. 00 4, 498, 000. 00 3, 653, 000. 00 422,000.00 1, 000, 000. 00 1, 270, 000. 00 13,985,000.00 4; 816,913. 76 28, 500. 00 112,000.00 7, 895, 000. 00 2, 399, 150. 00 902, 000.00 28, 483. 600. 00 1, 932, 500. 00 74, 500.00 15, 865, 000. 00 275,000.00 1,816,225.47 504,000. 00 50, 000.00 711, 000.00 4, 170, i31. 66 385,196.62 736, 990. 77 60,000.00 133 103, 006, 858. 28 6 13 7 1 2 2 10 2 1 6 6 5 9 5 2 4 2 5 2 1 3 g $41,300.00 80,000.00 -------------------------------- -----------96,--------042.28 1, 262, 021. 45 102, 290. 84 87,983.34 1, 000, 000. 00 21,943. 75 --------------- -609,394.50 6, 000. 00 --------298,218.63 --- ----- -401,663. 56 88, 500. 00 1, 086, 3fi7. 04 112. 50 5, 000.00 7,033,661. 80 1,950.00 744,325.47 ---- --------- ---------------------34,125. 51 44, 083.24 10,104. 37 276,363.58 ---------- -------13,331,441.86 $297, 750. 00 355,000.00 50,000.00 75,000.00 33,000.00 5, 932, 457. 72 3, 235, 978. 55 3, 550, 709. 16 334, 016.66 -----------------1, 248, 056. 25 13, 985.000. 00 4, 20i, 519. 26 22, 500.00 112, 000.00 7, 596, 781. 37 1,997, 486.44 813,500.00 27,397,242.96 !, 932, 387. 50 69, 500. 00 8,831, 338.20 273, 050.00 1, 071.900. 00 504. 000. 00 50,000.00 676, 874.49 4, 126,648. 42 375,092.25 460,627.19 60, 000. co 89, 675, 416.42 or table. Digitized by Google 26 REPORT OF RECONSTRUCTION FINANCE CORPORATION 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, and disbursements from Feb. 2, 1932, to Mar. 31, 1937, inclusive, by States 1-Continued TABLE MORTGAGE LoAN COMPANIES [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended) State Number Number of author- of borizations rowers Alabama ____________________ Arizona ______________________ Arkansas_ ,__________ _______ __ California ___________________ Colorado ____________________ Connecticut. _____ _____ ______ Distr ict of Columbia ________ Florida ______________________ Georgia ______________________ Idaho ______________ _________ Illinois _________ ------------Indiana ____ ___________ _____ _ Iowa _______________________ . Kansas _________________ ___ __ Kentucky ___________________ Louisiana ___________________ M aine _______________ ________ Maryland ___________________ Massachusetts ____ _____ _____ Michigan ____________________ Minnesota __________ ________ ~:~~f_P_i~::::::::::::::::: Montana ____________________ Nebraska ____________________ Nevada _____________________ New Jersey __________________ New Mexico ________________ New York _____ ______________ North Carolina ______ __ ______ North Dakota _______________ Ohio _________ __ _____ -------Oklahoma ___________________ Oregon _________________ _____ Pennsylvania ___ ____ _____ ___ South Dakota ______ _______ __ T ennessee _______ ____________ Texas ___________________ ---Utah _____________ ___________ Virginia _______ ______________ Washington ________ ____ __ ___ West Virginia _________ __ ____ Wisconsin ___________________ TotaL __________ ______ Loans to The RFC Mortgage Co.•---------------------Grand total. __ ________ Amount with- Amount authorized canceled 8 8 4 4 2 16 1 8 3 37 5 54 24 1 27 18 9 23 3 29 57 2 10 16 3 8 3 4 4 10 3 12 1 2 2 1 11 1 23 27 60 4 1 10 1 4 2 25 4 31 11 1 20 16 3 10 1 10 34 2 7 11 3 4 $1,922,760.55 100,000.00 I, 433, 500. 00 69, 342, 403. 44 I , 374,000.00 1,675,000.00 1, 114,532.60 878,032.99 1,786, 994.51 2,414,000.00 10,794,669.90 2"20, 000. 00 2, 773, MO. 00 97,500.00 92,500.00 6, 483, 502. 37 3, 200, 000. 00 25, 114,852.97 28, 667, 648. 32 13, 130, 728. 30 3, 102, 500. 00 nl7, 477. 67 5, 989, 250. 00 156,370.00 695,225.00 1,510,306.19 23, 074, 188. 99 209,000.00 144, 672, 300. 00 5, 683, 958. 96 65,000.00 42, 968, 048. 24 4, 879, 650. 00 1,241,420.25 6,081,475.00 6, 576, 000. 00 3, 094, 657. 00 22, 613, 9i6. 26 1, 285, 000. 00 2, 550, 541. 55 7,755,825.23 72,500.00 6, 488, 762. 92 694 408 463, 899, 699. 21 16 9 I I 6 9 4 7 6 8 20 3 47 1 4 3 2 18 1 29 64 84 $532, 340. 90 100, 000. 00 332, ms. 02 1,082,750.48 29,903.88 315,243.38 $1,390,419.65 -----------------1, 101,331.98 --- --- --------- -95,719.61 458,864.58 44. 023. 52 6,261,230.38 22,508.08 2, 773, 550. 00 47,500.00 42,500.00 2, 157, 9S2. 88 409 500, 858, 839. 15 68, 259, 742. 96 1, 344, 096. 12 1,359,756.62 764,532.60 782,313.38 1, 328, 129. 93 2, 369, 9i6. 48 4, 533, 439. 52 197,491.92 -- -- ---- ---- ---- -- 3, 245, 855. W 4,649,661. 72 67,500.00 3,200.00 1, 410, 724. 69 202.39 40,978.56 360,470. 78 5,374,812.96 60,000.00 7,280,456. 70 006, 044. 19 245. 00 1, 856, 900. 22 121,483.56 692,522.55 1,478,550.11 2, 731, 262. 25 I, 883,700.00 ·2, 613, 766. 16 50,000. 00 1, 058, 040. 54 754,891.83 11,500.00 1, 842, 785. 61 50,000.00 50,000.00 4, 325, 519. 49 3, 200, 000. 00 21,886,754.25 25,141,889.80 8, 261, 006. 58 3, 035, 000. 00 514,277. 67 4, 578, 525. 31 156, 167.61 654,246.44 1,014,835.41 16,730,357.22 149,000. 00 63, 554, 410. 30 4, 777, 371. 76 64,755.00 41, 105, 967. 02 4, 758,166.44 548,897.70 4, 602, 924. 89 3,844, 737. 75 1,202, 179. 00 19,946, 222. 10 1, 235, 000. 00 1,482, 964. 01 6, 485, 933. 40 61,000.00 4,645,977.31 55, 620, 86 I. 84 331,495,377.62 -----------------2, 829, 010. 72 36, 959, 139. 94 ------------------ 7 701 Amount disbursed drawn or 55,620,861.84 29, 170, 864. 00 360, 666, 241. 62 CREDIT UNIONS [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended) Massachusetts _______________ Michigan ____________________ Minnesota __ ---------------New York ___________________ Rhode Island ________________ Virginia _________ ------------ 3 1 1 1 2 2 1 1 $74,555.00 65,000.00 10,000.00 20,000.00 467,446.00 5,966.80 Total. ___ ---------- ____ 10 7 642,967.80 2 1 1 1 $843. 42 9,504.30 261. 29 20,000.00 12,263.00 -----------------42,872.01 Bee footnotes at end of table. Digitized by Google $73,711.58 55,495.70 9,738.71 455,183.00 5,966.80 600,095.79 " " ;; REPORT OF RECONSTRUCTION FINANCE CORPORATION 27 4.- Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations , withdrawals or cancelations, and disbursements, f rom Feb. 2, 1932, to Mar . 31, 1937, inclusive, by States 1- Continued TABLE JOINT-STOCK LAND B ANKS [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] Arkansas ___ _________________ California ___________________ -Colorado ____________________ 'it~1s~ _-------------------- lndia.na ___ ----------------·· Iowa ______ __ . _______________ Kentucky. __________________ Louisiana ___________________ Michigan __ ________ __ ____ ____ Minn~ota ________ __ _________ Nebraska ____________________ North Carolina ______________ Pennsylvania ________________ 'South Carolina ______________ Tennessee ___________ -------_ Texas ______ _________ ------ __ Utah ____ --- ---_______________ ------- -- --- -West Virginia TotaL _________________ Amount with- Number Number of author- of borrowers izations Amount authorized 3 4 4 2 2 4 3 1 2 2 1 6 4 1 8 3 4 1 2 - - -57- $104, 811.41 $590, 000. 00 3, 485, 000. 00 342, 4i2. 72 1, 294, 772. 68 80,763.90 205,000.00 ------ ------- ----1, 383, 306. 72 3, 645, 300. 00 335,000.00 62,078. 76 2, 150, 000. 00 170, 012.90 330,000.00 330,000.00 82, 500.00 --- ---- ----------1, 035, 000. 00 1.58, 213. 06 185,000.00 ------ -- --- - --- --2, 166, 000. 00 516, 000.00 I, 081, 000. 00 69,843.88 376,000.00 ------ -----------2, 185, 000. 00 1, 168,463.98 190,000.00 100,000.00 2, 636. GOC. 00 719,965. 48 550,000.00 ], 767. 58 I, 700, 000. 00 400,000.00 24, 221, 572. 68 5, 607, 700. 39 State 1 1 1 1 1 2 2 1 1 1 1 2 3 1 1 2 2 1 1 26 Amount disbursed drawn or canceled $485, 188. 59 3, 142, 527. 28 1, 214,008. 78 205,000.00 2,261,993.28 272,921. 24 1, 979, 987. 10 -- ------------ --82,500.00 876,786.94 185,000. 00 1, I IG, 000. 00 1, O!l, 156. 12 343,087.85 1,016, 536. 02 90, 000.00 1,916,034. 52 548,232.42 300,000.00 17,040,960. 14 II I' AGRICULTURAL CREDIT CORPORATIONS [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] Arizona. __ _______________ __ _ Arkansas ______ --- _----- __ ___ Colorado ___________________ _ Florida ___________ ------ -- --Idaho _______ ---------------- 1 5 4 3 7 2 f;;tiana --------------New York____ __________ ________ _ North Dakota _____ ___ ______ _ Oregon _________ _________ ___ _ Sout h Carolina _____ ________ _ Tennessee ___ ___ _- -------- __ _ Texas ____ ---- ---- -------- --Washlngton _______ ---------TotaJ. _______ ----- -- -__ 2 2 1 15 1 2 2 203 250 1 2 2 1 1 1 1 1 1 1 1 2 1 4 20 $880, 000. 00 214, 135.95 71, 455.31 435,000.00 63,889.60 480,000. 00 120, 000.00 397, 251.46 1, 000. 00 116,790.30 58,500. 00 124,250.00 95,491.08 3, 063, 103. 89 6, 120, 867. 59 ---------- ------------------ --- --$11,500.00 ----------------5, 167.00 $880. 000. 00 183,408.67 59,955.31 435, 000.00 58,722.60 455,000. 00 120,000. 00 232, 590. 74 1,000.00 116,790.30 25,000. 00 ----- --------- --164,660. 72 ---- ------------- -----------------58, 500. 00 124, 250.00 6,239. 95 81,931.70 477, 249.37 ------ ----- ----- -89,251.13 2,931.172. 19 5, 562, 890. 94 LIVESTOCK CREDIT CORPORWJ'IONS [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] Colorado_----- ------- ------Idaho ____ ------------------ MissourL____ __ - --------------Montana _____ _______ ____ New Mexico _________________ Oregon ____________ ---------_ Texas ____ --- ------- --------Utah ___ __ ----------------W ashlngton __ --_________ ___ Wyoming __ ---------------- TotaJ. ___ ----- - ---- __ -- 4 30 1 38 9 4 4 35 1 29 155 2 2 1 3 1 1 3 2 1 4 20 $382, 850. 00 2, 132, 035. 29 421,000.00 2, 142, 250. 00 874,441.51 270,740. 00 2, 468, 425. 03 3,477,443. 10 247,500.00 2,342, 142. 95 14,758, 827. 88 $244, 400. 00 101,800.00 421, 000. 00 145,900. 00 106,249. 88 28,450.00 25,980.00 304,826.12 117, 500. 00 161, 123. 19 I, 657,229. 19 $138, 450. 00 2, 030, 235. 29 1, 996, 350. 00 768, 191.63 242,290.00 2, 442, 445. 03 3,172, 616.98 130, 000.00 2,181,019. 76 13, 101, 598. 69 PROCESSORS, OR DISTRIBUTORS SUR1ECT TO PROCESSING TAXES [Under sec. 5 of tbe Reconstruction Finance Corporation Act, as amended] Connecticut_________________ 1 Ken tucky_-- ---------------1 Montana_____ ____ ___________ 1 New Jersey_ _________________ 1 Ohio ___ ---------------- --- -1 Pennsylvania______ __________ 1 Tennessee-___ ______________ _ 1 1 - - - - - - -TotaL_____ __________ _ 7 7 $567. 68 $567. 68 3,428.00 3,428. 00 487. 90 $487. 90 _____ _____ _____ __ _ 3,300. 00 3,300.00 - -- - - ---------- --7,400. 00 7,400.00 ------ -- ------- --3, 905.69 _________ _________ 3,905.69 7,000. 00 183. 31 6, 816.69 - - - - - ' -- - -1 · - - - -- -- 1-- - - - ' - -26,089. 27 11, 371.21 14, 718. 06 Bee footnotes at end of table. Digitized by Google 28 REPORT OF RECONSTRUCTION FINANCE CORPORATION 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, and disbursements from Feb. 2, 1932, to Mar. 31, 1937, inclusive, by States 1-Continued TABLE STATE FUNDS CREATED FOR THE PURPOSE OF INSURING REPATil:ENT or DEPOSITS or PUBUC MONEYS [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] Number Number of author• of bor• izations rowers State Wisconsin .••..•••••••••••••• Total. •..... ·--········ 3 --3 Amount withdrawn or canceled Amount authorized Amount disbursed 1 $13, 0!7, 715. 88 $23, 084. 70 $13, 064, 631. 18 1 13, IB7, 715. 88 23,084. 70 13, 064, 631. 18 BORROWERS ENGAGED IN THE FISHING INDUSTRY [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended) Florida ...•.•••••••..•••••••• Georgia .......••........••.. Massachusetts ......•.•....•• Oregon ..•......•..••...•.... B~ut_h _Carolina .•.•.•.•....•• Vrrgm1a. ·············-· ....• Washington .•••.•••••.••..•. 11 3 3 9 2 3 2 2 Total. •.• ··--·····-···- 1 1 1 1 2 2 . $55, 100. 00 61,500.00 29,000.00 525,000.00 22,000.00 42,500.00 57,000.00 23 20 792,100.00 $42,900.00 35,000.00 $12,200.00 26,375.00 29, 000. 00 520,000.00 22,000.00 42,500.00 2,000.00 77,900.00 654,<115.00 TOTAL,• SEC. 5c OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED [Subscriptions for stock of mortgage Joan companies] Illinois ..• ·······-··· •••••••• New York •..•.•.•.••.••• _•.. Total. ...••.......•.••• The RFC Mortgage Co.• •••. 2 3 Grand total. .•...••••• 5 $1, 250, 000. 00 500,000.00 $1, 250, 000. 00 26, 750, 000. 00 1, 250, 000. 00 2 1 25, 000, 000. 00 TOTAL, SEC. 5d OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED [Direct Joans to industrial or commercial business. including participations] • A la barn a ...... __ ........ _... A rizona __ __________ _________ A rkansas __ .. _... ___ . _. ___ .. _ C alifornia ___ ----···-··-·-··C olorado. _-···-··--···--···· C onoecticut .• __ . __ .. __ ...... D elaware ___ ________________ 39 I 37 19 8 32 3 8 70 117 14 96 47 19 40 33 14 8 37 117 D istrict of Columbia ......•• F lorida . ..•.. _____ •. _.....••. G eorgia ___ • ·-·---··········· I daho .... -··--··-···-······· I llinois_ .. ···-········-····-In diana .... -······ ·--······· I owa ____________ __ ____ _____ _ Kansas._._._ .•.....• _.....• _ K entucky _. · · ·····---·-· .... 76 128 16 104 49 21 41 35 M ass~chusetts .. ___ -··--- - __ M 1ch1gan _.... ___ ____ ···-- - _ M innesota __________________ .............•... M ississippi. M issouri ________________ ____ M ontana ____________________ N ebraska................ . _•• 8 42 128 G6 39 19 82 15 27 uisiana___________ ________ Loaine _____ ________ __________ M M aryland .. ............. ____ 37 I 38 24 10 37 3 11 14 64 37 19 75 14 24 $1,013,983.33 65.000. 00 4, 994 900. 00 2, 206, 500. 00 568,000.00 3,587.500. 00 312,500.00 128,000.00 1,365,875.00 4, 442, 923. 43 498,600.00 10,443,268.65 2,507,900.00 1, 228, 000. 00 030, 688. 27 2, 456. 000. 00 325,800.00 211,650. 00 3, 185, 671. 67 6, 430. 350. 00 6, 656, 806. 07 960,560.00 597,180.00 5,642,150.00 235,242.50 527,160. 69 $381,300.00 -----------------272,500.00 890,306.00 215. 333. 80 1, 122. 972. 32 12,500.00 41,500.00 143. 831. 00 1, 912,855. 68 4.2, 549. 00 3. 218, 211. 98 521,500.00 426,500.00 105,250.00 857,581.72 93,000.00 81,650.00 867,171.67 2,570, :176. 03 1, ffl , ~06. 90 477. 344. 53 417,660.00 756,627.42 66,992.50 222,350.00 Bee footnotes at end of table, Digitized by Google $470,703.91 65.000.00 4,217,400.00 1, 134. 355. 00 209,666.20 811,000.00 300,000.00 86,500.00 1, 072, 444. 00 2, 294,876. 75 425.-.Q.51. 00 4, 645. 282. 86 1, 230, 610. 86 771,500.00 063.104. 94 884,833.33 150,483.39 100,000.00 1,846,008.00 2, 634, 861. 73 4. 343. 500. 38 425,750.00 176,575.00 1, 925, 806. 39 136,250.00 244, 810.69 29 REPORT OF RECONSTRUCTION FINANCE CORPORATION 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, and disbursements from Feb. 2, 1932, to Mar. 31, 1937, inclusive, by States 1-Continued TABLE TOTAL, SEC. 5d OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED-Continued Number Number of author- of borizations rowers State 29 28 Alaska __ - - -- ---- --- --------Hawaii ______ -------------- -Puerto Rico ___ -- -- ______ --- _ 1 1 1 10 1 1 1 10 $95,121.93 830,000.00 12, 789,950.00 220,000.00 18. 494, 642. 60 3,544, 107.14 563,560.00 9,767,316.67 286,500.00 5, 029, 000. 00 17,476,384.00 3, 046, 000. 00 2, 230, 300. 00 63,600.00 4, 256, 268. 74 1, 357, 325. 00 518,145.32 299,500.00 1, 375, 600. 00 4, 265, 645. 16 1, 272, 345. 45 2, 554, 050. 00 7,500.00 11,000.00 200,000.00 154,500.00 TotaJ. ________________ 2,321 2,097 152, 231, 531. 62 Nevada ___ -----------------New Hampshire ____________ New Jersey _________________ New Mexico ________________ New York __________________ North Carolina______________ North Dakota _______________ Ohio ____ -------------------Oklahoma ___________ -- ____ - Oregon ______________________ Pennsylvania _______________ Rhode Island _______________ South Carolina ______________ South Dakota ____ --- -------Tennessee __ - ---- ------------ Texas ___ -------------------Utah _________ --------------Vermont __________ ---------Virginia ______________________ - ----------- ---Washington West Virginia _______________ Wisconsin_----------------Wyoming ___________________ . Amount authorized 2 4 124 4 369 48 8 130 9 160 15 17 10 48 53 10 8 27 76 30 2 4 109 2 327 45 8 112 8 46 136 13 14 10 45 50 8 6 26 69 26 54 Amount with- Amount disbursed drawn or canceled $24,124.14 135,000.00 2, 937, 050. 00 95,000.00 7,316,171.95 1, 319, 750. 72 6,257. 75 2, 609, 666. 76 83,000.00 1, 376, 900. 67 4, 960, 687. 92 295,000.00 675,123.03 43,050.00 734,172.22 627,469.65 101,500.00 73,690.50 735,300.00 1,209, 163. 78 522,658.56 1, 510, 937. 50 $70,997.79 6, 763, 767. 34 125,000.00 9,097,995.65 2, 066, 106. 42 382,839.28 5, 968, 756. 34 103,500.00 2, 215, 570. 24 8, 656, 529. 84 2, 751, 000. 00 525,176.97 20,550.00 2,994,097.14 526,165.35 406,645, 32 li3, 309. 50 568,490.74 2, 507, 383. 27 544,250.50 721,612.50 ----------------------------------11,000.00 200,000.00 12,000.00 ------------------ 127,500.00 45, 044, 765. 70 78, 592, 618. 62 LOANS TO INDUSTRIAL OR CoinUl:RCIAL BUSINESS [Under sec. 5d of the Reconstruction Finance Corporation Act, Alabama ____________________ Arizona _____________________ Arkansas_ ... __ .. ____________ California ___________________ Colorado. ___________________ Connecticut_ ______ ---- __ --- _ Delaware _____ ... ___ . ________ District or Columbia ______ __ Florida __ . ____ . -- --- - ___ ----Georgia _____________________ Idaho ___ ------ ---- ---------Illinois ____ ._.------ - -------Indiana ___ ------------------ Iowa. ____________ ___________ Kansas. - - ---------____ - ------Kentucky _________ ______ Louisiana __. _____________ __ _ Maine __ . - .. --- -- -- ---- -----Maryland. - -- --- -- ---- ---- -Massachusetts _______________ Michigan ____________________ g5~E==::::::::::::::: Montana ____________________ ebraska____________________ _. -- ------------- -- ew Hampshire ______ ----- __ ' evada. New Jersey __________ __ ______ tew Mexico ________________ _ New York.. _________ _________ ·orth Carolina. ___ ______ ____ North Dakota _________ -----Ohjo ___ --- ------ -----------Oklahoma___ __ -------------- Oregon ____ -----------------Pennsylvania. _______________ Rhode Island _____ .. -- - -- - - - South Carolina ______________ 30 1 33 21 9 28 3 11 75 99 13 97 43 20 32 23 12 7 39 112 61 20 18 74 10 25 2 3 102 3 329 37 6 104 8 41 132 12 15 28 1 32 17 7 23 3 8 70 88 12 89 41 18 32 22 12 7 34 101 59 20 18 67 10 22 2 3 89 1 200 34 6 89 7 35 110 10 13 $808, 950. 00 65,000.00 4, 757, 700. 00 1, 955, 000. 00 543,000.00 3, 257, 000. 00 312,500.00 128,000.00 1, 358, 375. 00 3, 251, 806. 77 485,900.00 10, 157,708.65 2, 424, 000. 00 1, 216,000.00 619,354.94 1, 367, 500. 00 271,300. 00 141,650.00 2,639, 671.67 5, 897, 350. 00 6,214,366.07 591,600.00 587,180.00 5, 266, 950. 00 139,500. 00 373,410. 69 05, 121. 93 810,000.00 12,025,950.00 120,000.00 16, 664, 192. 60 2, 739, 107. 14 562,000.00 8, 303, 683. 34 186,500.00 3, 634, 150. 00 15,674,534.00 2, 342, 000. 00 1, 200, 300. 00 as amended] $291,250.00 ----------------107,500.00 656,806.00 207,000. 00 945,000.00 12, 500.00 41,500.00 143,831.00 1,366,589. 02 35,849.00 3, 032, 31 I. 98 496,000.00 414,500.00 105,750.00 589,000.00 88,500.00 81,650.00 867,171.67 2, 165,176.03 1, 250, 706. 90 331,500.00 407,080.00 686,805.56 16,500.00 128, 600.00 24, 124. 14 115,000.00 2, 645, 200. 00 95,000.00 6, 431, 890. 57 922,500. 72 6,000.00 2, 040, 302. 00 83,000.00 489, 150. 67 4, 277,500.00 291,000.00 675,123.03 ----- $389,370. 58 65,000. 00 4,210,200. 00 1,134,355. 00 193,000. 00 691,000. 00 300,000. 00 80,500. 00 1,072,444. 00 1,710,026. 7r, 425,051. 00 4,615,282.8 6 1, 181,210.8 6 771,500. 00 474,604. 94 576, sou. 00 107,800. 00 30,000. 00 I, 346,008. 00 2, 549, 283. 89 4,263,500. 38 232, 100, 00 176, 575. 00 1, 870, 206. 39 91,000. 00 244,810.09 70,997. 79 ---- -- - - -- 6,306,017.34 25, 000. 00 8,791,802.03 1,692, 106. 42 381,879.28 5,531,150.3 4 l03, 500. 00 1, 814,570. 24 7,831,079. 84 2,051,000. 00 525,176.9 7 See footnotes at end of table. Digitized by Google 30 REPORT OF RECONSTRUCTION FINANCE CORPORATION 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelationsJ.. and disbursements, from Feb. 2, 1932, to Mar. 31, 1937, inclusive, by States •-continued TABLE LOANS TO INDUSTRIAL OR Number Number of author• of bor• lzations rowers State South D,ikota ........•.•.•.. Tennessee. __________________ Te-xas ....................••. Utah •....................•.. Vermont ...............•.... Virginia ................•.... Washington ..........•...... West Virginia ............... Wisconsin ___________________ Wyoming ................... Alaska .... -................. Puerto Rico ................. 22 Total.. ................ 1,954 PURClliSES COMMERCIAL OJ' 8 37 49 10 7 8 34 46 8 5 21 52 20 21 1 1 55 23 21 l 1 10 10 1, 757 BUSINESS-Continued Amount authorized Amount with• drawn or canceled Amount disburaed $22,750.00 $9,050.00 3, 198, 500. 00 1502, 902. 86 1, 139, 700. 00 614,844.65 518,145.32 101,500.00 272,000.00 73,690.50 1, 256, 500. 00 616,200.00 3,471,045.16 845,767.34 1,007,645.45 357,500.00 2, 235, 300. 00 1, 416, 000. 00 7,500.00 -----------------11,000.00 11,000.00 154, 500. 00 12,000.00 132, 482, 958. 73 PARTICIPATIONS IN LoANS TO INDUSTRIAL OR ----------------------------------127,500.00 37, 124, 923. 64 COMKERCIAL $14, 700.00 2,468,597.14 521, 165. 31> 406,645.32 173,309.50 568,490. H 2,418,633.27 4TT,000.50 507,800.00 71, 615, 458. 41 BUSINESS [Under sec. 5d of the Reconstruction Finance Corporation Act, as amended] Alabama ..••••.............. Arkansas ....•........•...... California .................. . Colorado .•...•.••.•...•..... Connecticut ..•.............. Florida .•................ ... . Georgia •••............•....•• Idaho ..... ...... ....•..•.... Illinois .......... ... ..... ... . Indiana .•............•••.... Iowa ..•..•.............•.... Kansas .•.................... ~ii~~~~l:=::::::::::::::::: Maine.•.................•••. Maryland ...........•....... Massachusetts .••....••.••••• Michigan. ...........••.•.••• Minnesota ..•.. .....•.•••..•• ~~~~r~!:::::::::::::::::: Montana ...•.....•...•••••.. Nebraska .......•...•.••..•.• New Hampshire .• , ••.••..... New Jersey .....•.••......... New Mexico ...•.••.•.•••••.. New York ......•.•••.•••••.. North Carolina...•......•.•• North Dakota........•..••.. Ohio ..................••..•• Oregon ..........•..•.•.•••.• Pennsylvania. ......•...•.... Rhode Island .... •.••........ South Dakota •.....•........ Tennessee ....... ..•...•.•••. Te,As •.•.........•..•..••..• Virginia .........•..•...•.•.. Washington ..•...•.....•.... 5 3 1 5 3 (') 1 6 l 6 1 19 3 5 5 1 8 5 2 1 3 11 3 12 1 3 5 1 1 20 1 26 7 1 15 12 22 3 2 6 2 4 9 ::~~~'.~'.~::::::::::::::: 5 6 Total.. ...... .....•.•.. 247 (') 19 2 5 5 1 7 4 2 1 3 11 3 10 1 3 4 1 1 18 1 24 7 1 15 10 21 3 2 6 2 4 8 4 5 m $115,833.33 112,200.00 187,500.00 25,000.00 288,500.00 7,500.00 782,850.00 12,700.00 264,500.00 75,900.00 12,000.00 303,333.33 575,000.00 54,500.00 70,000.00 546,000.00 449,200.00 200,000.00 246,260.00 10,000.00 60,800.00 95,742.50 93,750.00 20,000.00 752, 100.00 100,000.00 762,000.00 530,000.00 960.00 880,600.00 1, 357, 500. 00 1, 440, 050. 00 704,000. 00 40,850.00 656,300.00 205,000.0! 1 ?5,600.00 284,100.00 222, 500. 00 286,750.00 12, 857, 379. 16 $34,500.00 40,000.00 187,500.00 8,333.80 148,500.00 $91,333. 33 7,200.00 16, 666.20 120,000.00 197, 100. 00 675, 250. 00 6,700.00 • • ••··••·•···•· ··· 174, 500. 00 30, 000. 00 58,400.00 17,500.00 12,000. 00 · • · · ·•·•····· ....• 81,500.00 188,500.00 16,666.67 308,333.33 4,500. 00 42,683.39 70,000.00 500,000.00 335,200.00 85,577.84 120,000. 00 80,000.00 45, 110.00 193, 650. 00 10,000.00 8,000. 00 52, 800.00 50,492.50 45,250.00 93,750.00 20,000.00 288.350.00 457, 750.00 100, 000.00 423,931.38 306,193.62 156,000.00 374,000.00 960.00 283,000.00 437,600.00 849, 500. 00 401,000.00 613,000.00 825,450.00 4,000. 00 700,000. 00 35,000.00 5,850.00 130,800.00 625,500. OU 5,000. 00 25,600.00 195,350.00 88,750.00 155,250.00 67,250.00 82,937.50 193,812.50 4,854,571.85 See footnotes at end of table. Digitized by Google 6, 944, 760. 21 31 REPORT OF RECONSTRUCTION FINANCE CORPORATION 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, and disbursements from Feb 2, 1932, to Mar . St, 1937, inclusive, by States 1- Continued TABLE AGRl!MINTS TO PURCHASE PARTICIPATIONS IN LOANS TO INDUSTRIAL OR COllMERCI AL B USIN ESS [Under sec. 6d or the Reconstruction Finance Corporation Act, as amended] Number N um ber or author• or bor• izations rowers State Alabama.......•.••••..•.. •• Arkansas •••••••••••••••••• •• California •••••••• • •••••••••• riFn1tut................. Indiana. ••••••••••• • • • •••• • •• 4 2 2 3 JO 2 l Bawail •..• •. . •••..••...•.••• 1 7 5 2 7 5 1 2 14 4 1 11 1 1 6 2 5 2 1 1 12 2 2 1 Total.. . . .••••••...•••• 120 Kan,as...•••• . .• •.• -- ·-·-··· Kantucky .•••. .•. • _••• . ••• •. ~'Wchusetts.•... __.• .• •••• ~:~········- --·- ···-· Nebraska.•••. . .••• • • ...... •. ~:: t~Y:::::::::::::::::: North Garolina. •.••..•••••.• North Dakota. •• •. •. .•.•.•• • •l$~gina.:::::::::::::::::: Pennsylvania. •••. •••••• ••... 1 South Carolina •... •••••• • _•. Tenn -....... . ..... ... .. . ~1it•n ············-···· l~:O~tnia ............... TOTAL, SEC. 5e Amount authorized Amount with• drawn or canceled Amount d isbursed $55, 550. 00 125,000.00 46, 000.00 29, 472. 32 349, 166.66 11,400. 00 8,000. 00 8, 000. 00 251, 915.05 79,000. 00 242,500. 00 100, 734.53 61, 821. 86 2 1 1 9 2 2 1 $89,200. 00 125,000.00 64, 000. 00 42,000. 00 408, 266. 66 21, 000. 00 8,000. 00 8, 000. 00 513,500. 00 83,800. 00 242, 500.00 122, 700. 00 314, 400.00 60.000. 00 II , 900. 00 1, 068, 450. 00 275, 000. 00 600. 00 583, 033. 33 100, 000. 00 38,250. 00 361,800. 00 1,030, 000. 00 401,468.74 12,625.00 27,500. 00 93,500.00 510,500. 00 42, 200.00 32, 000. 00 200,000. 00 93, 500. 00 168, 046. 44 9,908.56 12, 000. 00 200, 000. 00 - -·- ·· · ·· ·· · ······ .•••••••••• •. •. ..• · · ··-·-·· · · -·· ···· 20, 000. 00 ...... . ...... .. ..• lll 6,891, 193. 73 3, 065, 270. 21 32,400. 00 4 2 2 3 10 2 1 1 7 5 2 7 5 1 2 13 4 1 8 1 1 5 1 5 3, 500. 00 460, 350.00 241,250. 00 257. 75 286, 364. 76 $9,600.00 2,800.00 · ·- - -- · · -·- - - -···· ······-· ·- · -·---·· · - · · · -···- · · · · -- -· ·-········ · ·--··· ········· ····- · ··· 38, 250. 00 ··· ----··-···· · · · · 70, 187. 92 ··· · ·-····-·-··- - 100, 469. 36 -·- · ·-·· ···- · · - -·· 12,625.00 ···· -· ·· ··· · · · -·· - OF T HE REC ONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED [Loans on the assets of closed banks and trust companies] 3 2 2 4 1 2 18 12 4 37,432. 14 427. 51 2, 955. 50 4,370. 91 g2, 179. 79 86, 146. 93 14, 23 1. !iO 15,005.00 471, !G I. 84 8, 372.49 265, 044. 50 137,313. 39 101 ,873.32 15, 574. 15 123 122 13, 426, 492. 18 492, 622. 59 12,311, !!81. 71 l 1 ~;;: : : :; : :;: Nortb Carolina .... _. __ ._ . ••• orth Dakota ..•••... •.. . . .• 0 ~ ~iii.·.·:::::::::::::: Dakota •..••••••... . .. Ti! Wbcoaalo .. :::::::::: ::::: :: Total•..••... ..... .•. . . II 10 1 II 1 2 2 30 1 2 18 12 30 $508. 68 2, 812.00 76, 049. 67 4, 100. 00 29, 546. 79 1,667. 40 58, 064. 50 46, 845.53 $35,392. 87 7,238. 20 604,535. 36 22, 500. 00 75, 455.41 6, 332.60 10, 426, 849. 48 93,001. 60 14, 500. 00 $35, 001.55 10,050. 20 680,585. 03 26, 600. 00 105, 002. 20 8,000. 00 10,997,440. 55 139,847.13 14, 500. 00 08,8g9. 22 6, 000. 00 16,922. 72 15, 005. 00 508,593. 08 8, 800. 00 268, 000. 00 100,570. 41 194, 053. 11 101,721.08 9 1 3 2 2 1 9 1 10 10 1 11 1 2 2 40, 823. 93 6, 000. 00 2, 691. l 2 ------ ----- ------- Bee rootnotes at end or table. Digitized by Google 32 REPORT OF RECONSTRUCTION FINANCE CORPORATION 4.-Number of authorizations and borrowers, to which authorizatio718 were made; and amount of authorizations, withdrawals or cancelations, and disbursements from Feb. 2, 1932, to Mar. 31, 1937, inclusive, by States I-Continued TABLE TOTAL, EMERGENCY RELIEF AND CONSTRUCTION ACT OF 1932, AB AMENDED Number Number or author- of borizations rowers State Amount authorized Amount withdrawn or canceled Amount disbursed - --- Alabama _______ ______ ______ _ Arizona _____________________ Arkansas ____________________ California __ ______ ___________ Colorado . ___________________ Connecticut _________________ Del aw are ____________________ Florida ______________________ Georgia _____________________ _ Idaho __ _____________________ --------------------Illinois. 797 327 735, 206, 500. 44 6 3 53, 370, 955. 22 33, 146, 368. 56 20, 224, 586. !fl 13 1 1,222, 108,664. 99 366, 235, 571. 68 646,452, 782. '131 331 2, 010, 686, 120. 65 494,274,899.01 1, 249,001,519, 21\ 1 2 20 8 4 16 26 7 1 1 IO 23 4 6 21 25 2 9 8 2 5 18 16 4 4 2 9 2 5 9 4 2 1 2 7 5 16 10 2 14 Indiana __ ------------------lO\V8 _ _ ___ _ --------------------Kansas ______________ ____ _ Kentucky ___________________ Louisiana ___________________ Maine. ______________________ Maryland ____ _______________ Massachusetts ______________ _ Michigan ____________________ Minnesota ___________________ 11 11 36 22 11 8 2 41 9 12 24 24 2 10 4 10 10 ~i~~~r:!================== Montana ____________________ Nebraska._ --- _______________ Nevada. _------------------New Hampshire _____________ New Jersey __________________ New Mexico _________________ New York ___________________ North Caroliua ______________ North Dakota. ______________ Ohio __ ---------------------Oklahoma ___________________ 23 17 12 51 7 22 15 2 10 Oregon.----------·-·-·-----Pennsylvania. ______________ Rhode Island ________________ South Carolina ____ ________ __ South D akota.-----·-·-----Tennessee.- --·-·---·- · -·-- -Texas. __ _--- -·-·----- -- ----Utah . -------·-·-·-·-·-----Virginia. ________ .• __________ Washin~~n, ________________ W~t V1~g1ma _______________ W 1sconsm ___ ·----- __________ 6 22 40 15 32 25 ::iPuerto ;f~~--~~============:::: Rico _________________ TotaL ______ ------·--· Loans: For financing exports of agricultural surpluses •. To Co=odity Credit Corporation'-·-------Grand total.. __ __ ___ 18 13 1 2 4 3 5 7 1 3 2 5 26 7 13 7 3 6 1 1 3 $4, 585, 688. 00 2,861 , 769.00 7,022,81 8.92 273, 301,081. 00 6, 335, 223. 79 100,000.00 100,000. 00 5, 924, 820. IO 1, 801, 692. 00 1, 086, 566. 00 63,284, 944. 00 6, 770, 042. 54 2, 161, 130. 00 4, 412, 934. 00 13, 750, 122. 97 74,958, 127. 00 1, 937, 895. 00 811,230.00 350,000.00 23,032,040. 47 3, 156,787.00 4, 444, 669. 00 5, 716,929.00 2, 577, 785. 00 75,000.00 262,632.00 1,616,603.00 5, 656, 195. 37 6, 082, 503. 00 55, 518, 269. 65 7, 190, 4 73. 20 598,768.00 20, 786, 005. 00 4, 870, 579. 81 3, 882, 915. 00 35, 563, 375. 00 1, 123, 590. 00 4, 805, 770. 00 1, 008, 945. 00 16, 086, 075. 25 12, 450, 505. 85 3, 660, 739. 00 6,474, 154. 71 9, 089, 278. 37 9,833, 218. 00 14, 006, 67 5. 44 125, 000.00 394,935.00 2, 660, 000. 00 21 10 22 48 --- - -816- 13 $2911, 500. 00 13,500.00 I, 118,219.30 8, 564, 354. 02 047, 380. 00 100,000.00 99,100.00 930,000.00 19,000.00 $4,286,188.00 2,1!48,iffl.00 5, 90!, 599. 62 211, 600, 671.111 5,387, 1!43. 79 81,000.00 105, 000.00 4, 308, 956. 58 1,688,151.00 685,300.00 725, 106. ZT 2, 504, 543. 17 178,000.00 95,750.00 900. 00 4, 91)4,820.10 1,782, 69200 1, 086, 666. 00 58, 526, 694. 00 5, 536, 830. 00 2, 151,43-0.00 3, 526, 406. 6& 10, 100, 909. 81 22,672,800.80 912,267.96 611,230.00 211,396 29 22, 579, 637. 67 2, 581, 787. 00 4,333,919.00 4, 754, 789. 00 2, 550, 170. 00 15,IXXl.OO 262, 63200 1, 616, 603. 00 5,558,858.117 5,773,500.00 49,012, 925.!8 6,577,964.71 597,688.00 20, 195,487.21 4, 870, 579. 81 3, 677,094.29 35,320,312. 7! 1, 123, 590.00 4,724,770.00 1,803, 945,00 11, 777, !18. 6i ?, 244,SM.s; 2,975,439. 00 5, 739, 048.11 6, 584. 735. 20 9, 655,218.00 13, 910, 925.11 503,687.93 394, 93;'.oo' 1,968,002.89 94, 892, 958. 77 582, 324, 149.111 -----------------3, 178, 250. 00 1, 233, 211. 94 9,700.00 ----- 3,--642, -- --------213. 16 52, 285, 227. 20 1,025,627.04 200,000.00 138,603. 71 452,402.80 575,000.00 110,750. 00 962,140. 00 27,615.00 60,000.00 --- ------------ -- 97,336.40 189,000.00 6, 186, 344. 17 612,508.41 1,080.00 590,517. 72 105,820.71 243,062. 24 -- ---------- -- - - -- ---- -- -- -- ------ -- LOANS ON SELF-LIQUIDATING PROJECTS [Under see. 201 (a), title II, of the Emergency Relief and Construction Act of 1932, as amended] Alabama ___________________ _ Arizona. _________ -·----- ___ _ Arkansas ___________________ _ California. ____ -----·-------Colorado. _. _. _____ -· __ -- __ .. Connecticut .•.•. _.. -- -- ·- _.. Florida _______________ ------Georgia_____________________ _ Idaho._. ___________________ _ Illinois .•• ___________ ._ - --- -Indiana ____ ------------·- --See footnotes at end of table. 6 3 10 12 6 3 10 8 5 5 1 1 2 7 2 1 7 1 7 4 4 7 $224, 000. 00 1, 413, 500. 00 1, 463, 851. 92 250, 655, 700. 00 2, 002, 233. 79 100,000.00 1, 644, 930. 78 41,000.00 60,000.00 7, 830, 723. 00 833,000.00 Digitized by $149, 500. 00 13,500.QO 515,000.00 6,097,000.00 572,430.00 100,000.00 930,000.00 19,000.00 3, 176, 250. 00 773,000.()() Google ~ 1,:dffl 191, m, 11'-~. 1,09,1111.71 ·------714,930. lli 22,000.!_ 60,000."" 3,014,•n.ll 60,181.ft REPORT OF RECONSTRUCTION FINANCE CORPORATION 33 4.-Nu,mber of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, and disbursements from Feb. iJ, 1932, to Mar. 31, 1937, inclusive, by States 1-Continued TABLE LOANS ON SELJl'·LIQUIDATING PROJECTS-Continued Number N u mber of author- of bor- State izations Iowa _______________________ _ Kansas ____________ --- --- -- -- ~::fsY!:.-::: :: ::::: :::::::: Maryland _______ -- --- - ---- - Michigan _____________ - ------ ~=~~C:::::::::::::::: Missouri. __________________ _ Montana _________ . _________ _ Nebraska _________ _______ ____ New Hampshire_____ __ ___ __ _ New Jersey _________________ _ New Mexico __________ __ ____ _ ew York ______ ____________ _ North Carolina ___________ ___ Ohio. ______ ______ __ --- --- --Oklahoma __ __ _____ ____ __ ____ Oregon _______ __ .. __ ________ _ Pennsylvania _______________ _ oulh Carolina __ ___ __ ___ ___ _ South Dakota __________ _____ Texas __ • ___ -- - --- --------- -~~1:nia ____________________ _ rowers 1 3 16 1 3 14 4 1 3 1 2 3 2 2 1 4 4 4 1 3 1 2 3 2 2 1 5 5 10 9 8 10 8 9 2 2 2 2 4 4 3 1 21 6 8 2 1 20 6 8 2 2 i:o1!rr_~~==============: Wyoming ___ - ---- - ·- --- - ---Puerto Rico ____________ ____ _ 1 1 1 1 1 1 1 1 T otal. ____ .-- - -------- - 188 176 Amount authorized Amount with drawn or canceled $9,700.00 $9,700.00 820,000.00 -------- - --------1, 519, 624. 00 5l4, 624. 00 16, 063, 000. 00 1, 789,777.20 59,850.00 -------- --- ---- --718,811.47 75,000.00 575,000.00 575. 000. 00 325,000.00 50,000.00 996,140.00 954,140.00 207,000.00 27,000.00 75,000.00 60,000.00 250,000. 00 ------------ -----3, 361, 904. 37 85, 9o,I. 37 5, 694, 600. 00 189,600.00 27, 218, 000. 00 5,087,000.00 592,473.20 1, 120, 4i3, 20 628,800.00 175,300.00 299,982.81 ----------- -- ----734,625.00 10,000.00 215,000.00 315,000. 00 230,500.00 81,000. 00 105,000.00 105,000.00 4, 278, 662. 85 1,668, 150. 00 737,300.00 685,300.00 2, 110, ~25. 80 121, 3i6. 00 3,026,318.37 2,476,3 18.37 3,000. 00 3,000.00 40,000.00 -----------------125,000.00 ---------- ---- ---1, 300, 000. 00 ---- --- ------ -· -339,217,487.36 Amount disbursed ----- -----------$820, 000. 00 998,000.00 14, 273,222.80 59, 850.00 6-13, 811. 47 -- ---------------275,000.00 42,000.00 180,000.00 15,000.00 250,000.00 3, 276, 000. 00 5, 385, 600. 00 21, 812, 000. 00 528,000.00 453, 500.00 299,982. 8 l 724, fi25. 00 100,000.00 149, 5;)(). 00 -- - -- - -- - - - - - - - - -1,093,012.85 52, 000.00 1,978,849. 80 550,000.00 -----------------40,000.00 ------------- ---1, 300, 000. 00 27,895, 743. 14 254,521,658. 25 LoANII FOB FINANCING REPAIR OF DAMAGE BY EABTHQUAKE, FIBE, TORNADO, OB CYCLONE IN 1933 [Under sec. 201 (a) (6) of the Emergency Relief and Construction Act of 1932, as amended] California ___________________ Kansas_ - - --- - --- -- ---------- 6 1 1 1 1 1 1 2 1 $7,500,000.00 1, 000, QOO. 00 200,000.00 1, 650, 000. 00 100,000.00 43,200.00 990,627.04 130. 74 $7,499, 361. 00 113,472.68 156,800.00 659,372.96 99,869.26 13 6 10, 450, 000. 00 1, 034, 596. 78 8,528, 875, 90 Louisiana.-----------------Maine ______ -- - -- -----------Tennessee ____ - -- ------------ 4 TotaJ____ ---- ---------- LOANS FOR FINANCING or $639.00 AGB!CULTURAL COMMODITIES AND LIVESTOCK (Under sec. 201 (d), title II, of the Emergency Reller and Construction Act of 1932] Alabama ______ --- - -- -------- Arkansas _____ _____ ----- - ---- California _________ -------·-Colorado ____ .-- - - - --- ------Delaware ________ -----------Florida _____ ----------------- ~1~~-:::::::: :: :::::::: :: lndlsna ______ -- - ---- ---- ---f::it~~~::: :: :::::::::::::: . lalne ____ _______ - -- - - --- ---larylruld ____ -- - - - --- - --- --. fas<;achusetts ____ - --- --- --- - ~i~~r~i = ====== fonl.Bna ___~= _____ ====-----------===== •. ·ew Jersey __________________ 1 5 21 1 2 7 1 1 6 11 11 1 5 2 8 2 5 1 4 1 5 16 1 1 2 1 1 3 3 10 1 2 2 5 2 5 1 2 $150, 000. 00 725,000. 00 5, 063, 750. 00 500,000.00 100,000.00 393. 377. 32 15,000.00 10, 500.00 757, 111. 54 5, 50[, 511. 97 50, 4P5. 000. 00 35,000.00 57,5, 000. 00 350,000.00 505,000.00 60, 750.00 104,000.00 2,500.00 285,000. 00 $150, 000. 00 603,219.30 2, 466, 715. 02 374,950.00 99,100.00 ------ ----------- - ----- ------------2,000.00 460,2 11. 94 3, 127, 589. 16 50, 452, 2.50. 00 35,000.00 200,000.00 138,603. 7l 377,402. 80 60,750.00 8,000.00 615.00 11,432.03 --------$121,780.70 --- ------ . 2, 582, 5C5. 63 125,050.00 900. 00 393,377.32 15,000.00 8,500.00 296, 899.60 2, 37'.3. 922. 81 42,750.00 -----------------375,000.00 211,396.29 127,597.20 -----------------96,000.00 Bee footnotes at end of table. 1113608--37--3 Digitized by Google 1,885. 00 273,567.97 34 REPORT OF RECONSTRUCTION FINANCE CORPORATION 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, and disburse• mentsfrom Feb. B, 1992, to Mar. St, 1937, inclusive, by Sta.tu •-Continued TABLE LOANS l'OR FINANCING or AGRICULTURAL COKKODITl&S AND LIY&!ITOCK-CODtlnued Number Number of author- orhorizations rowers State New York ................... North Carolina.............. North Dakota ............... Ohio ..... ....... ....•....... Oregon ...................... Pennsylvania . . ......... . .... Tennessee ................... Texas .•.... . ................ Virginia ..................... Washin~'!n, ................ West Virginia ............... Wisconsin .. ....... .......... Puerto Rico ..... .. •..••..•.. Total.. ........•.••.... Loans: To Commodity Credit Corporation •....•.. 8 4 1 4 4 4 8 6 4 s 2 7 2 - -154- Grand total ....•••.... 6 1 1 Amount authorized SI, 700, 269. 65 1 120,000.00 6,000.00 885,000.00 350,000.00 318, 500. 00 12, 610, 723. 25 219,551.00 868, 624.91 85. 530.00 175,000. 00 1, 571, 313. 44 1, 000, 000. 00 101 3 2 2 3 s 4 4 1 4 Amount with• drawn or canceled Amount disbursed $600, 925. 48 99,964.79 $1, 099, !M4. 17 20,035. 21 1,080. 00 400,217. 72 llli,820. 71 28,062.24 4, 308, 826. 84 20,000.00 603,730. 'ZT 28, 2'l4. 80 175,000. 00 95,750. 00 4,000.00 484,782.28 IM, 179. 29 290,437. '/fl 8, 301,89'1.41 199,SSLOO 264,89t. M 57,305. :IO -----------------1, 475, 563. f4 503,687. 93 308,002.89 86, 539, 013. 08 65, 1147, 617. 86 19, 288, 816. 70 13 1 1, 2'l2, 108,664.99 366, 236, 671. 68 646, '52, 782. 73 167 102 1, 307, 647, 678. 07 432, 183, 189. 63 665, 741, 399.43 AKOUNTS MAnll AVAILABl.11 J'OR REI.JIii' AND WORK RELIU [Under sec. 1, title I, or the Emergency Relier and Construction Act of 1932] Alabama........ .. .......... Arizona.... ...... ........... Arkansas.................... Calllornia.. . .. .. ............ Colorado.................... Flocida..... . ........ ........ Georgia...................... Idaho...... . ................ Dlinois. ..................... Indiana.. . .................. Iowa........................ Kansas...... ................ Kentucky................... Louisiana................... Maine...... ... .............. Maryland................... Michigan..... ...... ......... Minnesota. .................. Mis~issippi.. ... . . . .•.•••.... Missouri.. . ..... ..... ....... Montana.................... Nel'ada..................... New Hampshire............. New Jersey.. . ............... New Mexico................. New York..... ............. N ortb Carolina.. ............ North Dakota............... Ohio..... ................... Oklahoma................... Oregon...................... Pennsylvania................ Rhode Island.... ............ South Carolina.............. South Dakota............... Tennessee................... Wisconsin.. .. ............... Hawaii...................... I $4, 211, 688. 00 . .. . . . . . .. .. . . .• .. 7 7 9 8 1 1, 448, 260. 00 . . . . . . . . . . . . . • • • • • 4, 83.1, 967. 00 . . .. .. . . . . . • • • •• • • 6 1 20 I 5 1 10,081,631. 00 3, 832,990. 00 3,886,512.00 I , 745,692.00 1, 026, 566. 00 Sli, 443, 721. 00 5, 179, 931. 00 2, 151,430.00 2, 692, UM. 00 6, 728, 987. 00 8, 200, l'ZT. 00 252, 895. 00 176, 380. 00 ~1,808, 199.00 2, 581, 787. 00 4,058,910.00 4, 616, 789. 00 2, 368, 285. 00 262, 632. 00 1,366,603. 00 2,000,291.00 387, 903. 00 26, 600, 000. 00 5, 950, 000. 00 5112, 768. 00 19, 'ZT2, 205. 00 4, 670, 697. 00 2, 798, 290. 00 34, 929,875.00 1,123,690.00 4,575, 'ZT0. 00 I, 803, 945. 00 3, 376, 352. 00 7, 952, 292. 00 2, 923, 439. 00 3, 49li, 304. 00 5, 977, 430. 00 9, 655, 218. 00 12, 395, 362. 00 394, 935. 00 360, 000. 00 44 300, 000, 000. 00 I I l 1 7 1 1 9 1 6 30 8 8 16 21 10 3 l 1 l 1 1 1 1 1 1 1 1 1 6 1 S 1 1 5 11 37 S 16 7 2 7 1 1 1 1 1 1 1 6 13 l 1 13 1 9 20 1 1 18 16 1 5 l ___ Total.................. 1 15 6 2 Puerto Rico ... .............. , 1 13 10 Texas.... . .................. Utah . .... . .................. Vlfl[inla... ..........•.••••.. Washington................. West Virginia............... 14 2 1_, 442 1 1 .. . .. . • . . . ••• • •• •• •• . . . . . .. • • • • • • •• • .. .......•.•..•••• •.....••.......• • • . . •. . . • . . . •• . . •• •. . • . • .• • • . • • • • • •• • • . • . . .. • . • . • • •. • • • • .• .•••••..•••••••• . • . • . . . . • • •• • • • • • • . . . • . . . . . . . . .• • • • • • • .. . • ... ..• • •• ••• . •• . • • . • • . • • . • • • • • ••• • . . . . • . •. • ••• • • •.•••.........•••• . • ••• • . • .. • ... • • • • •••••• .. .. . •.. • • • • . . . . . . . . . . .• . • • • • • •. ... • • • • • •• •• • • • • • . • • • • • • . • •. • • • • • . • ••. •• •• ••• .•••••. . • .. .. . • • • • . •• • • •. .• • . •. • • •• •• •• •••• . . •. . . • . . . . . •• . • •• . •• •. . •. . . . . •. • . • . $16,000.00 . • • • • • . . .• •. . . • • • • . • • . • • . • • . •• • • • . • • . . • • •• .. .• .. .• .• • • .• . .........•••••• .•••••...•..•••••• . • • ••• . . . • •. . • •• •• I. 00 • • • • • ••• • • • • • • • • • • . • • • • • •• • • • . . . • • • • .. •• •••••..... •• • • . • •• •• . • . • . • •. •• •• . • . ••• . ••• •• ••• . •. . . . . .• . . • . .••••••. . . . . . . . • •. . • . •• • •• $4, 211, 68ll. 00 I , 448, 260. OB 4, 833, 1167. OB 10. 081, 631. 00 3, 832,990.00 3,886,512. Oil I. 745,692.00 1, O'l6, 566. 00 55, 443, 721. 00 5, 179, 931. 00 2, 151,430.00 2, 592, 934. 00 6, 728, 987. 00 8, 200, l'ZT. 00 2/12, 895. 00 176, 380. 00 21,808,199.00 2, 581,787.00 4, 058, 919. 00 4, 616, 78Q. 00 2, 368, 285. 00 '262, 632. 00 1, 3116, 603. 00 2, 009,291.00 387, 9m. 00 26, 600, 000. 00 S, 950, 000. 00 592, 768. 00 19,257,205.00 4, 570,597.00 2, 798, 290. 00 34, 929,875.00 1,123,690.00 4,575, 'ZT0. 00 1, 803, 945. 00 3,375,352. 00 7. 962,291.00 2, 923, 439. 00 3, 495, 304. 00 5, 977, 430. 00 9, 1155, 218. 00 12, 395, 362. 00 394, 935. 00 360, 000. 00 ----1·------1-------1---15, 001. 00 See footnotes at end or table. Digitized by Google 299, 1184, 91111. 00 TAlll,r. 4.--·N11mber of authorization11 and borrowtr11, lo which authorization.a were made: and amount of authorizations, withdrawals or cancelationa, and diabur11ementa from Peb. e, 1932, to Mar. 31, 1997, inclusive, by States •-Continued TOTAL, ACT APPROVED MAR. 9, 1933, AS AMENDED ~ (Loans on and subscriptions for preferred stock, and purchases or capital notes or debentures, or banks and trust companies) State Numcer Number Less orauorbor- duplica• thoriza· rowers tlons ' tio,ns Net number or bor• rowers 1 Amount au• tborized I Amount with• drawn or can• j celed Amount disbursed ij --- --- --- --- t ri i: _====== ==== -============================= ·== ·======== ·==========:===::· g~i:~:3:==:::::::::::::: · ::::::::::::: ·: ·:·:::::::::::::::::::::::::::.:::::.:. Connecticut •. .•. .•...•..•.. ..•..••.•............•....•.....••••..•..•. •....... .. . Delaware..•..••........ .......... ...•...... .. . ...... .....••.... ................ .. D istrict or Columbia ............•••.............. ..... .. ...... . ..............•.. . Florida.•.••••.. •.... •..... _.• _.... . .........• ...... ....... _.• . _.. _.••. _.... _..... Georgia .....•... ··-. _... -· .............. ___ ..... ... .. ... .. _..... _.......•..... __ .. Itlabo .... ····- _________ ----··-- -- -- __-- -- --- - --- -·----·-- - -- -- -- --·-·- ·-- -··-· · -Illinois_ Indiana _.. ··---·-- -·-- -----·-----·-··---·---· -- __ --- -·- __________ ___ _----· - _-··-Iowa _. _·-·--·-·· ------··---· -- · -·---·----····--· -· ·· -··· ··-· --- --· -- · - -_ Kansas_. ___ . -· ___- --· ______ _.----·__ -·· ···-·---··----_.-·-- _____ --·--·- -__ ···- _____ fi~~~~~ -: ::::::== ====:::::::::::::: ::::: ::::::::::::::::::::::::: :: :::::: :::: :: 0 cg:N. (1) Q_ ~ CJ 0 ~ ~ Maine·-·-··---- __ ____ ----------- ·- -·-·- __ --· - ___ _-· ·· ____ ---··-·---·- ____ -·- ____ _ Mnryland_. __ _· - - ----- ------··- --· -··----- --·-- -·-•-· ··--· --····-····------ --- --Massachusett.s __ __ _____ __ --· ___ ___________ -----· ···· __·-- -·- - --·· ·-··· ____ -· _____ _ Michigan_ Min1:1espta m:~5;;~fPL-· --· ----···· ---------·--·-----··-------·--·------·----- -----·-------· Montana . •• · - - -- ------- -- ---- - ----- -·----- · --· --·-- - ---------------·-·--- --- -· · -Nebraska __ ··· - -- --·---·---- -·· ··------·------·---·- ·- --- - --·--··----- · ·· -· -· -- - -Nevada. · -- ·- -· -- ------·· -- -·-·· ···-····· ·· · ·-- -- -··· · ·· · ·· · · · · ··· -- -· · -· -·---· -New Hampshire . . .. _.... . ··· -· · _- ·-- -· _.. -··_ .· · ·- ___ --- · -·· .. -·· ___-· · -- -· _-· __. ~::~eS:i~-.·· - ··-- -- ·· · · --- - -·-··-···--· ---- - --·- ·-- -··· --·---- --- ·---- -·-·=: ~: : ~~~/8~~oiina_.:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::____ .. m:ri~.~~~ ta:::::::::::::::::::::::::::::::::::::::::::::::::::: :::::::: .._::::: 0 ~ 97 6 l39 151 63 87 15 9 63 101 35 ~5!3 ~43 155 232 144 204 46 77 94 222 :!14 289 281 76 745 4 15 342 25 663 146 152 457 84 7 6 ···-· ---·133 6 140 3 59 -- -------43 1 14 ---------8 --· - -···-52 7 96 1 29 1 246 2 304 ---------152 1 221 ---------135 ---------201 81 45 4 1 69 76 ------ ---206 2 289 8 288 129 252 1 75 15 162 2 4 ······-·· 15 ------ ---273 20 22 --- ------576 , 48 141 140 1 435 ~ 77 6 127 137 59 42 14 8 45 95 28 244 304 151 221 135 120 41 68 76 204 281 159 251 60 160 4 15 244 22 528 14 1 139 433 $16, 143, 200. 00 2, 455, 000. 00 f,, 365, 500. 00 58, 373, 070. 00 5, 040, 000. 00 8, 609, 800. 00 2, 680, 000. 00 5, 200, 000. 00 2, 307, 200. 00 5,897,500.00 2, 335, 000. 00 03, 599, 500. 00 18, 490, 000. 00 12,575,500.00 6, 049, 250. 00 11, 182, 500. 00 16,572,000.00 11, 173, 000. 00 11, 038, 130. 00 20,031,000.00 43, 864, 500. 00 18, 023, 125. 00 15,368, 150. 00 25, 644, 500. 00 4, 117, 500. 00 ~. 854, 200. 00 205,000.00 1,363,000.00 83, 485, 300. 00 I, 077, 500. 00 376, 701, 150. 00 8,157,500. 00 4, 494, 500. 00 99, 255, 761. 00 $289,625. 00 25,000.00 946,600.00 9, 870, 645. 00 136,500.00 1,417,674.00 2, 112, 700. 00 2, 300, 000. 00 131,000.00 I , 062, 000. 00 205,000.00 3, 048, 385. 83 1, 823, 000. 00 2,327,500.00 770,500.00 2, 302. R50. 00 1,060,000.00 2,047,500.00 1, 959, 960. 00 3, 35R, 800. 00 3, 239, 839. 00 70 1,100. 00 1, 055. 000. 00 4,875.875. 00 87,000. 00 946,250.00 ------ --------- -6ll , 365. 00 9,513,283.93 362. 500. 00 15,945. 544. 17 694. 000. 00 490,000.00 7,133,527.00 i $15,853,575.00 2, 430, 000. 00 4, 404, 000. 00 48, 502, 425. 00 4, 893, 500. 00 7, 192, 126. 00 567,300. 00 2, 900, 000. 00 2, 176, 200. 00 4, 835, 500. 00 2, 130, 000. 00 90,551,114. 17 16,667,000.00 10, 248, 000. 00 5, 247,750.00 8, 879, 850. 00 15,5 12,000.00 9, 12.5, 500. 00 9, 078, 170. 00 16,674,200.00 40. 624, 661. 00 17, 322, 025. 00 14, 2&1, 150. 00 20,751,125.00 4, 000, 500. 00 7,907,950.00 205,000. 00 751 , 6.15. 00 73, 972,016. 07 715. 000. 00 30 1, 585, 605. 83 7,463, 500.00 4, 004, 500. 00 92, 122,237.00 : a i ~ 1:.1 d 0 1-3 ,_, i l"'.J ,_, i a ij 0 1:.1 ~ .... 0 z footnc;>tes at end or table. w Q1 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of anthorizations, withdrawals or cancelations, and disbursements from Feb. 2, 19."J2, to Mar. 31, 1937, inclusive, by States 1-Continued TABLE c,.,:i 0:, TOTAL, ACT APPROVED MAR. 9, 1933, AS AMENDED-Continued ~ t:"; [Loans on and subscriptions for preferred stock, and purchases of capital notes or debentures, of banks and trust companies] "C Net Number Number Le~ number Amount withAmount auAmount dis• State of au• of bor- duphca- of bor· drawn or canthorized bursed th?riza-1 rffwers tions ' rowers celed t10ns - - - - - - - - - - - - - - - - - - -- - - - - - 1 - - - 1 -- - 1 - - -1 - - - 1 -- - - -- j - - - - - - 1 - - - - Oklahoma _______________________________________________________________________ _ 81 51 $1 1, 291,000.00 57 $357, 000.00 $10, 934, 000. 00 6 Oregon. __ _________ _______ ________________ _____________________ ______________ ____ _ 61 2, 300, 000. 00 56 56 lOO, 000.00 l , 950, 000. 00 Pennsylvania _________________________________________________________ __ ________ _ 374 449 56, 04R, 850. 00 385 11 10, 201,753.50 45. 795. 096. 50 Rhode Island ___________________________________________________ -- -- -- -- _--------4 4 1, 100, 000. 00 5 201,500.00 898,500. 00 South Carolina _______ ___ _______ . ____ __________ _____________________________ ____ __ 40 45 2, 931,800.00 40 160, 000.00 2,771,800.00 South Dakota ___ __ ___ _____________ _________ __________________ ________ _____ _____ __ 129 128 143 84,000.00 I 4, 522, 100. 00 4. 438, 100.00 T ennessee ___ _______ _____________________ _______________ ________ ___ __ ____________ _ 135 133 14, 221, 550. 00 2 1, 662, 500. 00 12, 559, 050. 00 138 I Texas __________ ______ _______ ____________ -__ ___ _____ __ - ------ ----- - ---- ----________ --- -- -- -_ Utah ___ _______________ _______ ____________ ____ _______ __________ ___- __ 463 44 61 ~r;-~~~t~:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: li6 114 104 525 31 1 4 ~::f~i~ 0 0 cg:N. (1) Q_ ~ CJ 0 ~ ~ ,visconsin ~ia:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: _____ _______________ _________________________________ _____ ____________ __ Wyoming ____________ ___ _____________ ___ ___________ ____ __ ____ _______ ____________ _ Alaska ________ __________________ __ _____________ ___ ___ __ __ __________ ________ _____ _ Puerto Rico. ___________ ___ ______________________________________________________ _ Virgin Islands ______________________________________________________________ --- __ _ _ Total. __ __ _____ __ _____ _____ __ _--- ______ _____ ---- -- --- ------- -- -- --- ------- -Subscriptions for preferred stock ofExport-Import Bank of Washington•- __ ------------------------------------Second Export-Import Bank of Washington, D. C.•--------·----------------Grand See footnotes at end of table. 445 44 60 164 110 94 455 27 I 4 2 2 I 4 3 I 8,496 7, 202 441 44 60 163 110 94 453 25 1 3 1 36, 26 1,750.00 4, 310, 000. 00 15, 795, 000. 00 12, 763. 000. 00 7,496,500.00 6. 946, 000. 00 37,875, 000.00 l , 687,500.00 37,500.00 1, 500, 000. 00 251,000.00 5, 190, 625. 00 315,000.00 126,000.00 31,036,125.00 3, 995. 000. 00 15, 795, 000. 00 JO, 694,650.00 6, 064, 500. 00 6, 366. 066. 66 33, 147,100.00 1, 367, 500. 00 37,500.00 I, 250, 000. 00 125,000. 00 llO, 585, 785. 77 1, 052, 802, 103. 23 -----------------2, 068, 350. 00 1, 432, 000. 00 5:J4, 933. 34 4,727,900.00 320,000.00 -----------------250,000.00 - - - , - - -, -- -,- - - , 1 -- - - - -1- - - - - - - - - - - 382 6, 820 J l, 223, 065, 389. 00 1----- - i 1:::::::::: - - - • - -- , - - - 1 - - - 1-- - - - - - - -45,000,000.00 2, 500,000.00 ----- 8,500 7,204 382 6, 822 J l , 270, 565, 389. 00 20, 000, 000. 00 2, 500, 000. 00 ---1------ 110, 585, 785. 77 1, 075, 302,103.23 C ~ 1-3 0 ':,tj ~ t"J 0 0 z 00 ~ ::::, d g >-< 0 z ':,tj >-< z ~0 t:j 0 0 ::::, "ti g ....~ 0 z REPORT OF RECONSTRUCTJ:ON FINANCE CORPORATION 37 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, and disbursements, from Feb . £, 193£, to Mar. 31, 1937, inclusive, by States 1-Continued TABLE Lo.a.NS ON PRUJ:RBJ:D STOCK or BANKS AND TRUST COMPANIES [Under the act approved Mar. 9, 1933, as amended] Number Number of author• of bor• izations rowers State Alabama ..•.. ..••.•••. •• ••.. Arizona ...•........••.•..•. . Arkansas •• ....•••••••••.. .•. California . .• . .••.•.•.•. ..•.. Connecticut ••••••••••••....• Florida .•••••.••.•••..••.•. •. 28 6 56 6 2 12 1 2 5 I 1 3 2 $3, 180, 600. 00 50,000. 00 549,500.00 3, 071, 050. 00 309,800.00 135,200.00 25,000.00 25,000.00 12, 500.00 50,000.00 28,000. 00 573. 000. 00 30,630.00 506. 000. 00 437,500.00 175, 625. 00 22,650.00 I, 548, 000. 00 10,000.00 ·2, 811,700.00 4, V29, 050. 00 2,207,150.00 287,500. 00 20,000.00 2,400.00 791,000.00 410, 550.00 6, JOO. 00 300,000.00 451,250. 00 20, 000.00 200,000. 00 83,000. 00 11 5,000. 00 272 23,374,755.00 19 1 7 12 42 15 2 I 1 I 2 Georgia .•.••..••••••••••..•• Idaho .••...... . .••••••.•..•• Illinois • . • •.•.••••.•••.•.. . • . Iowa ..••••• •• ••. •••.••....•. Kansas ..••.• •• ...••••••••.• . iaine •. . .......•..••.•.•.•.. Maryland ••.•.•..••••....... Massachusetts . ••.•. ....... . . Michigan . .•...•...•••••••... Minnesota ....•.•.......•••.. 4 5 12 2 22 1 I m.:~r_i:i:::::::::::::::::: Montana .•. .•••.••••.. •.•... 1 Nebraska ..••......••.• ••• ... New Jersey . ....••..•. . .• .•.• Xew York ......•....... .. • .. North Carolina ••••... .•.. . .. North Dakota •••••.•.•••.. .. Ohio ..••.•••.. •... •. ...•.... Oklahoma •.•.•..........•.. . Pennsylvania ...•.. •......•.. South Dakota ... .... ....... • 689 Texas ... . ....... .. ... ...... . Vir@inla •••.•....••.••• •••.•. 7 4 73 88 3 3 2 Tennessee . . .... . . ...... .... . ;~!s~~~::::::::::::::: Wyoming • •••• ••••.••••.•... Amount authorized 1 4 3 9 1 7 5 I 7 I 1 1 I 2 4 1 3 2 8 1 1 1 106 29 42 3 1 1 ! - - -- Total. ••••• • ••••••••• • • 1, 120 Amount with• Amount disbursed drawn or canceled $32,025.00 539,750.00 160,000. co 1,000.00 3,000.00 47, 500.00 5, 300. 00 I, 600. 00 · • ·········· ··· ··· 1, 548, 000. 00 · · ····· ·· · ··· ····· 248, 700. 00 I, 702,100.00 227,950.00 12, 500. 00 ·•····•·······•··· ··········-· · ---·· 264, 500. 00 27,100.00 ·····•·········•·· .. . . .. ............ 300,000.00 5, 000. 00 ········· ·•···• · ·· ···········•···•·· ··•·•····• .... .. .. $3, 148,575.00 50,000. 00 549,500.00 2,531,300.00 149,800.00 134,200.00 25,000.00 25,000.00 12,500.00 50,000.00 25,000.00 525, 500.00 30,630.00 506,000.00 432, 200. 00 174,025.00 22,650.00 ··•·•······· ··· · · · 10,000.00 2, 563, 000. 00 3,226,950.00 I, 879,200.00 275, 000. 00 20, 000.00 2, 400.00 526, 500. 00 383,450. 00 6,100.00 300,000.00 151, 250.00 15, 000. 00 200, 000.00 83,000.00 115,000.00 5, 126, 025. 00 18, 148, 730. 00 8UB8CIIJPTIONS roR PREFEBRED STOCK o:r BANIS AND TRUST COMPANIES [Under the act approved Mar. 9, 1933, as amended] Alabama •.••.••........••. .. Arizona . . • . ••.••••..•. ...• •• A.rlran.sa.s .••. ...•••• •• •••.... Calcfomia • ••....•..•••...... Colorado ..••• . ......••••••.. Connecticut .•..... .••••.•.•. INlaware..•. ...•.. . .•••... •. District or Columbia .•. . . . .. Florido ...•.••.....•.•. •• •• •• Georgia . •.... ................ Jdnho ••.•.•••••......•• .••.. Illinois .••..•••••....•• ••.•.. Indi na .•.•.••••....•.••.•.. Iowa ............ ........ ... . Kall.SW! . .. . ·- ............... . Kentucky . •....•••..•••.••.. Loul i na • ••. . •••••.•••.•.• . d . •·••• •••••·••••••· . ....... ....•.. usetts ---------- -- ----- --- ---------- --- ---- -- I.········· ....... . ------- -- -- --- ------- -- -- - -------- --- -------------------- psbire .•••. ..•• •• .. y •••••• •• ••••• • •••• icr, ___ ___ ---- - - ---- 78 4 132 138 63 45 5 4 48 21 34 148 61 154 230 144 102 30 17 82 219 109 153 !CO 50 52 4 15 266 25 75 4 126 134 59 42 5 3 45 20 28 142 60 151 219 135 JOI 2fl 14 73 203 106 152 91 49 52 4 15 242 22 $12, 962, 600. 00 1, 565, 000. 00 4, 816, 000. 00 50, 302, 020. 00 5, 040, 000. 00 8, 300, 000. 00 16S. 000. 00 3, 400, 000. 00 2, 172, 000. 00 2, 522, 500. 00 2, 3 10, 000. 00 85, 016, 000. 00 7, 797, 500. 00 12, 525, soo. 00 6, 021, 250. 00 11, 182, 500. 00 10, 836, 000. 00 8, mo, oco. oo 3, 880, 000. 00 19, 625, 000. 00 42, 727, 000. 00 I 3, 773, 500. 00 8, 965, 000. 00 l 0. 750, 000. 00 3,515.500. co 6, OOi. 500. 00 205, 000. GO l , 363, 000. 00 77, 206, 2.10. 00 1,077, soo. 00 $257, 600. 00 25,000.00 946,500.00 9, 330, 895. 00 136 500 00 1,257:074:00 27,700.00 2, 300, 000. 00 130, 000. 00 825,000.00 205,000. 00 1, 348, 385. 83 609,000. 00 2, 327, 5('(). 00 773,500. 00 2, 302, 650. 00 425,000.00 I, 000, 000. 00 1, 182. 460. 00 3, 356, 800. 00 3, 234, 539. 00 400,000.00 495, 000.00 895,375. 00 77,000.00 672, 5[j0. 00 611, 3R5. 00 7,061 , 183. 93 362,500. 00 $12,705, 000. 00 1, 540, 000. 00 3, 854, 500. 00 40,971,125. 00 4, 893, 500. 00 7, 042, 326. 00 137,300. 00 1,100,000.00 2, 042, 000. 00 I, 697,500.00 2, 105,000.00 83,667, 61 4. 17 7, 188, 500. 00 JO, I 98, 000. 00 5, 222, 750. 00 8, 879, 850. 00 10, 41 I, 000. 00 7, 160, coo. 00 2, 697, .'i40. 00 16, 168, 200. 00 39, 492. 461. 00 13, 373, 500. 00 440,000.00 9,847, 125. 00 3, 408, 500. 00 5, 334, 95('. 00 205,000.00 751, 63[;. 00 70, 145, 006. 07 715,000.00 See footnotel at end of i&ble. Digitized by Google 38 REPORT OF RECONSTRUCTION FINANCE CORPORATION 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, and disbursements, from Feb. 2, 1932, to Mar. 31, 1937, inclusive, by States 1-Continued TABLE SUBSCRIPTIONS FOR PRBFBBBIID STOCB: 01' BANB:S AND TBUBT O0KPANIIIB-Contlnued Numher Number or a11thor• of bor• izations rowers State New York ................... North Carolina . ..• . ••.. . .••• North Dakota ......•....•... Ohio . . ..............• .... .. . -Oklahoma ..... . . . .... ... .. .. Oregon . ..........•••. ....... Pennsylvania ...... . ......... Rhode Island ...... ..... .. . .. -South Carolina .... .... ...... .South Dakota.......... . .. . . 'Tennessee ................... ·Texas ................. ... .... •Utah . .... ....... •. .. ••. .•• .. Vermont .. . . .........•.. . ••• Virginia........... . .•.••••.• 'Washington . ..........•.••.• West Virginia . . .. •••••.•.••• Wisconsin . ...... .•• ••••• ••.. Wyoming ....•.. .... ..• .... •. Alaska .............•••••. . ..• 'Puerto Rico .. ... ..•. •....... Virgin Islands . ..••.. ••••.... Total.. .....•.....•...• Subscriptions for preferred stock orExport•lmport Bank of Wa.shington •.......... Second Export•Import Bank of Washington, 273 28 21; 1 l 3 I 1 l $13ij, 904,800. 00 7, 870, 000. 00 2, 430, 500. 00 36, 984, 364. 00 10, 500, 000. 00 01.'i, 000. 00 5,i , 636, 300. 00 I, 100,000.00 1,645,000.00 2, 973, 000. 00 13,921.550. no 26,307,500.00 1, 590, 000. 00 7, 770, 000. 00 12,743,000.00 3, 870, 000. 00 3,315,000.00 16,557,500.00 1,572,500.00 37,500.00 250,000.00 251,000.00 4,295 4,075 769, 233, 634. 00 143 33 96 53 21 393 5 13 36 ),'l6 158 10 42 172 33 37 65 262 138 32 88 51 21 373 4 10 34 133 100 10 42 1.63 30 36 59 3 D. C.' •.•••.•.•...•.•• • Grand total.. •••••••••• Amount authorized 4,299 4,077 Amount with• canceled $7, 282, 594. 17 68 1, 500.00 40,000.00 1,686, 027. 00 92,500.00 $128, 752, 205. 83 7, 188,500.00 2, 390, 500. 00 35, 298, 337. 00 10, 407, 500. 00 25,000. 00 890,000.00 10, 174, 653. 50 20 1,500.00 00,000.00 25,000. 00 I, 662,500. 00 3,140,125.00 265,000.00 45,411,646.50 898, 00 I , 555,000.00 2,948, 000.GO 12, 259, 050. 00 23,142,375.00 1,325.000. GO 7,770 ,000. 00 10, 679, 650. 0o 2, 740, 000. 00 3, l 95, 066. 66 15, 112, 100. 00 l, 252, 5J)Q. 00 37,500.00 ,oo. ----- 2,-----------063, 350. 00 1,130,000.00 l~,933.34 1, 445, 400. 00 320,000.00 250,000.00 126,000. 00 -- --------------125,000.00 73,397, 760. 77 694, 773, 373. 23 45, 000, 000. 00 --- --------------- 2, 500, 000. 00 ------------------ 816, 733, 634. 00 Amount <lisbursed drawn or 73, 397, 760. 77 20, 000, 000. 00 2, 500, 000. 00 717,273, 373. 23 PURCHASES 01' CAPITAL NOTES OB DEBIINT!IBIIS 01' BANKS AND TRUST COMPANIES [Under the act approved Mar. 9, 1933, as amended] Arizona ...•.•..........•..... California.................. . Delaware. . .................• District of Columbia ........• Georgia •.... ................. Illinois ..... ................ . ln<liana . . .•.. .. ... . . . ....... Louisiana ....... •. ... ....... Maine .... . .•. . . ... •.• . . ..... Maryland . ....... . ... ...... . Michigan ..•... ..... ... ...... Minnesota ........... . ...... • Mississippi. •.... . .•......... Missouri. ............. . .... . Montana . ....... . ..... . ... . . Nebraska . ..................• New Jersey........•.•..... .. New York ....•.............. North Dakota ... . ..... . .... . Ohio ..... .... ... . ........••• Oregon ........... . ......... . South Carolina . .. ... . ....•.. South Dakota ..... . . . ..•. ... Texas .•...... . .. .... .•...•.• Utah ....•• •.•... . . •......... Vermont. ................•.. !~!?!~~~~~:::::::::::::: Puerto Rico ...... .. ....•.••. Total.. • • • ••••••••••••• 1 l 10 5 78 107 282 102 12 55 1 183 135 180 25 4 3 302 116 359 40 32 101 1 l 9 5 75 103 244 100 12 54 1 175 135 160 25 4 2 3 272 107 346 35 30 94 280 34 18 80 57 393 3 3,081 2,855 288 34 19 81 66 456 $840, 000. 00 5, 000, 000. 00 2, 515, 000. 00 1, 800, 000. 00 3, 350, 000. 00 8,57 1,000.00 JO, 692, 500. 00 5, 736, GCO. 00 2, 440, 000. 00 7, 127,500.00 700,000.00 4, 074, 000,00 6, 380, 500. 00 13, 346, 500. 00 592, oco. 00 35, 000.00 1, 350, 000. 00 237, 580, 200. 00 2, 044, oco. 00 62, 269, 000. 00 I, 385, 000. 00 I, 286, 800. 00 $8(0. 000. 00 6, 000, 000. 00 $2, 085, 000. 00 237,000. 00 I, 700, 000. 00 1,2 14,000. 00 635. 000. 00 1, 000, 000. 00 777,500.00 299,500.00 560,000.00 2, 432, 5GO. CO 10,000.00 25,000. 00 750,000.00 8, 435, 000. 00 45C, 000. 00 5,447,500. 00 71;, 000. 00 70. 000. 00 50,000.00 1,750, 500. 00 50,000.00 I, 543, 000. 00 9, 503, 000. 00 2, 720, 000. 00 8, 025, 000. 00 3, 626, 500. CO 3,431 , 000.00 21, 234, 500. 00 I, 250, 000. 00 430, 4o7, ooo. oo 302, 000. 00 415,000.00 3, 282, 500. 00 32, 062, 000. 00 See footnotes at end of table. Digitized by Google 430,000.00 1, 800, 000. 00 3, 113, 000. 00 6, 871, 000. GO 9, 478, 500. GO 5,101,000. 00 1,440.000. 00 6, 350, 000. co 700, 000. 00 3, 774, 500. 00 5, 820, 500. CO 10, 904, 000. 00 682, oco. 00 10,000.00 600, 000.00 170,954, 200. 00 1,594, 000.00 56, 821, 5CO. 00 1, 060, GOO. 00 I, 216,800. 00 1, 484, 000. 00 7,742,500. 00 2, 670, 000. 00 8, 025, 000. 00 3, 324, 500. 00 2, 971, 000. 00 17, 952,000. 00 I, 250, 000. 00 339, !!80, 000. 00 ' II Ii ll ll II ll ll ii fi REPORT OF RECONSTRUCTION FINANCE CORPORATION 39 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrau·als or cancelations, and disbursem ents, from Feb. 2, 1932, to Mar. 31 , 1937, inclusive, br States 1-Continued TABLE T OT AL, SEC. 36. TITLE II, OF THE EM ERGENCY FARM MORTGAG E ACT OF 1933, AS AMENDED [Loans to drainage, levee, irrigation, and similar districts, etc.] Number Number of author• olbor· izations rowers State Arizona _____________________ 7 83 53 31 33 28 41 7 3 18 1 71 73 14 0 6 76 16 2 25 1 2 g 1 22 6 6 5 53 12 2 17 1 2 $13, 715, 440. 86 13, 148, 335. 4 7 47,895,914.41 4,858,841.35 4,995,661.31 2, 708, 918. 38 3, 592, 048. 37 383,500.00 91,932.45 1,465, 578. 29 302,500.00 5, 423. 242. 49 7,900,314.38 1,571,249.31 1, 686, 640. 00 969,433.00 886,307. 76 38,000.00 2, 886, 857. 78 280.160. 00 156,100.00 110,300.00 13,609,661.94 637,500.00 136,200.00 1,374, 495. 70 22,000.00 43,900, 00 803 612 130, 891,033. 25 9 Arkansas ......••............ California .••.......•........ Colorado .•••............•. .. Florida ....... .•..•...•...... Idaho ...........•.....•..... Illinois ______________________ Iowa .... ·-·· · ............... 98 79 45 41 39 56 11 3 19 1 92 86 20 11 6 f:ut~~!:.·.~~:::::::::::::::: Minnesota ........••.••.•.... Mississippi. ....• ............ MiM<>urL ________ __________ _ Montana .. _................. Nebraska ..•.........••...... Nevada ...••..•........ ..... New 1>1exico ................. North Carolina . ..•••..••.... Oregon ...................... Sooth Carolina .....•........ South Dakota ........ ....... Tennessee ............ ....... Texas ...•......••••••....... Utah ........................ Virginia .... •. •...........••• Washington ...•............. Wisconsin ........... .... . ... Wyoming .. • ......... .•. .... 4 10 1 36 6 6 Total ...• ..•... . ..••.•. Amount authorized Amount with• Amount disbursed drawn or canceled $1,060.22 l, 574,546.25 6, 392, 570. 59 1, 509, 655. 00 73, 14a. 10 777,250.86 631. 732. 82 183,000.00 21,000.00 568. 846. 95 302,500.00 559,150.44 929,977.05 516. 342. 58 125,852. 94 425, 5CO. 00 9,807. 76 1,000.10 83,404. 05 119,571.03 6,000.00 16,000.00 838,999.17 119,500.04 200. 00 253, 050.00 $1,563, 190. 00 6,908, 716. 49 21,456,127.62 2, 566, 925. 96 2, 102,237.64 1,256, 801.94 1,810,523. 67 85,196.23 33,663.66 620,154.17 ----------------4,456, 745. 63 5, 434, 993. 56 1,017,473.12 1,402,787. 06 534,576. 06 790,885. 87 36,999. 84 2, 713,652.01 124,928.37 150,100.00 21,393.64 11, 710, 077. 43 315,487. 69 136,000.00 1,11 5,028. 81 ----------------- - --------- 27,400.00 -- -----------------------16,030,663. 61 68,308,006. 47 TOTAL, ACT APPROVE D JUNE JO, 1933, AS AMENDED [Loans on, and a subscription for, preferred stock of insurance companies) Kansas ....•... .............. Maryland ............ ... •... Michigan ..........••. . •..... 1 4 2 m ~~'.~~·:~::::::::::::::: New Jersey ............• .•... New York ...........•....... North Carolina ........•••..• 1 1 1 1 1 Total. ................ . 12 10 $100, 000. 00 22, 350, 000. 00 4, 125, 000. 00 100, 000.00 150. 000. 00 4. 000. 000. 00. 3, 500, 000. 00 50,000.00 $100, 000.00 22, 350, 000. 00 4,125,000.00 100, 000.00 150. 000. 00 4,000,000. 00 3, 500, 000. 00 50,000.00 34, 375. 000. 00 34,375,000.00 LOANS ON PREFERRED S TOCK OF l J;"SUR.!.NCE CO MPANIES [Under the act approved June 10, 1933, as amended] ~ril:nd.~=~:::::::::::::::: Minnesota............... .... il NewJ ersey.................. New York. ..... ............. North Carolina........ ...... 1 1 1 1 Mis.souri................ .. .. - - - - -- Total ••.• - ••• - . - • -- • -• • 11 r I 1 1 1 I 9 2 s ~: r~: 888: 88 :::::::::::::::::: 100. 000. 00 150. 000. 00 4, 000,000. 00 3,500,000.00 50,000.00 .•..•. . .... . ...... • • •. • • •... ••. . . . • . ....• . ......•.•... .. ...••....... . ... .. ....•.........•. $2;:ri~: 888:88 100. 000. 00 150, 000. 00 4, 000, 00i.OO 3,500.000. 00 50,000.00 - -- - - - - • l - - -- - - - 1 - - - - - - 34, 275, 000. 00 34, 27 5, 000. 00 See footaotes at end or table. Digitized by Google 40 REPORT OF RECONSTRUCTION FINANCE CORPORATION 4.-Number of authorizatiom and borrowers, to which authorizatiom were made; and amount of authori zations, withdrawals or cancelations, and disburBements, from Feb. 2, 1932, to Mar. 31, 1937, inclusive, by State8 1-Continued TABLE SURSCRIPTION FOR PRll:rEBRED STOCK OF AN INSURANCE COMPANY [Under the act approved June 10, 1933, as amended] Number Number ol author• ol bor• lzations rowers State Amount authorized Kansas •.••••••••• ·--··--···· l 1 $100, 000. 00 Total. •••••••••••••••.. l l 100,000.00 Amount with• drawn or canceled ---------------·------·------------ Amount disbursed $100,000.00 100.000.00 TOTAL, ACT APPROVED APR. 13, 1934, AS AMENDED (Loans to finance the repair of damage by earthquake, llood, or other catastrophe in 1933, 1934, 1935, and 193~] California ...... . ........... . Connecticut ................ . Florida ..................... . Georgia ..................... . Maine ..•.................... Maryland .................. . :llfass_ar~us~tts .............. . M1ss1ss1pp1. ................ . Montana ................... . New Hampshire........... . . New Jersey ..... ............ . New York ......... ......... . North Carolina ... .•.......• . Ohio .......••....•.•.•.•.... Pennsylvania ..•............ Texas . ...........•.......... West Virginia .............. . 4 1 52 51 I 1 144 20 153 20 9 123 74 1 11 11 1 24 I 1 21 l 2 4 2 199 l 3 687 656 205 2 Total.. ••... ••......... 9 120 70 l $1. 252,830.00 $897,170.00 $2, 150, 000. 00 91, 175. 00 38, 270. 00 142,945. 00 50,000.00 ········ ··· · ••·•·• 11,541.00 684,775.35 217,094.65 1, 349. 000. 00 8, 450. 00 15, 800. 00 24,250.00 11,000.00 13,000. 00 24, 6GO. 00 66, 824. 00 258, 335. 00 325,159.00 107,600.98 9, 6-19. 02 107,550.00 92,035.00 150,000.00 .•... .•.. ......... 23,471.14 16,750.00 42,950.00 500. 00 ................. . 500. 00 27,572.00 17,625.00 5~. 697. 00 10,500.00 ..•..•....... .... • 10,500.00 4,900.00 4,900.00 •• ................ 608, 222. 75 36-3, 465. 00 1, C33, 28i. 75 20, 000. 00 70, 000. 00 140,000. CO 20, 950. 00 6, 700. 00 27,650.00 5, 696, 988. 75 I, 934,758.67 3,031,347.22 TOTAL, SEC. 14 OF THE ACT APPROVED JUNE 19, 1034, AS AMENDED 1t [Loans to borrowers engaged in the mining, milling, or smelting of ores] Arizona.-··················· Callfornla. .. .• •••... .. . ....• Colorado.................... Georgia..................... Idaho. • . . . •• • • • • • • • • • • . . . . . . Montana. ................... Nevada . • . . . . • • • . • • . . • . . . . . . New Mexico.. .............. Oregon...................... South Carollna.. .. •. . .•• .• .. South Dakota. .............. Utah.. . .................... . Virginia.. . .... .. ............ Wyoming-. . ........... . .... Alaska...................... Totnl.................. 29 32 10 2 2 27 30 10 2 2 8 11 2 8 11 2 5 4 1 I 1 1 1 1 1 1 1 1 7 8 $188,500.00 $836, 000. 00 $1,603,500.00 786,000.00 620,000.00 2, 430, 500. 00 515,000.00 50,000.00 735,000. 00 10,000.00 14,000.00 24, 000. 00 240, 000. 00 240, 000. 00 470,000.00 730,000.00 204, 000. 00 95, 000. 00 3, 355, 000. 00 19,000.00 41,000.00 ....•••........... 15, 000. 00 178, 000. 00 428, 500. oo 20,000. 00 20,000.00 • • •••• • ••·•·•··•·• 20, 000. 00 20, 000. 00 20,000. 00 · ··· ······-······· 8,000. 00 20,00fl, OO 330,000. 00 25,000. 00 925,000.00 - ---~------1--------1-----------e2,076,500.00 2,557,000. 00 10,600,500.00 108 114 TOTAL, SEC. 16 OF THE ACT APPROVED JUNE 19, 1934, AS AMENDED [Loan to a public•school authority for payment ol teachers' salaries due prior to June 1, 1934] $22, 300, 000. 00 22, 300, 000. 00 See footnotes at end of table. Digitized by Google 4] REPORT OF RECONSTRUCTION IJ'INANCE CORPORATION 4.-Number of authorizations and borrowers to which authorizations were made; and amount of authorizations, withdrawals or cancelations, and disbursements, from Feb. 2, 1932, to Mar. 31, 1937, inclusive, by States I-Continued TABLE TOTAL, ACT APPROVED AUG. 24, 1936 [Loans to or for the benefit of tax-supported public-school districts, or other similar public-school authorities in charge of public schools] State Number Number of author- of borlzatlons rowers Amount authorized Amount withdrawn or canceled Arkansas.•.•.•••••••••••.••• Texas .•..•••.••••..••••.•.•.. 20 6 20 6 $1, 123, 800. 00 883, 000. 00 $266, 800. 00 210,500.00 Total ..••.•••...•.•.... 26 26 2, 006, 800. 00 477,300.00 Amount disbursed $53,420.47 -- ---------------- 53,420.47 1 "Borrowers, etc.", Include applicants to whom loans have been authorized and institutions in connection with which purchases of preferred stock, capital notes, or debentures have been authorized. With respect to loans on preferred stocJ.. the figures represent the number of institutions on whose preferred stock the Corporation authorized loans. 1 These authorizations are not Included in the State totals shown above, because the operations of the borrowers, etc., ordinarily are not confined to any one State. ' Includes 12 authorizations in connection with refinancing of loans previously made by the Corporation to Federal land banks. • Includes $193,618,000 representing refinancing of loans previously made by the Corporation to Federal land banks for different individual amounts, but in the same aggregate amount. • In addition, upon certification by the Federal Emergency Relief Administrator, under the Federal Emergency Relief Act of 1933, the Corporation disbursed $499,650,000 for relief, as shown in table 4, p. 22; and disbursed $349,930.89 to the Federal Emergency Relief Administrator for expenses necessary to carry out the provisions of the above act. • Revised. 'Does not Include l borrower in California, inasmuch as the Corporation had previously authorized a Joan to this borrower under sec. 5d of the Reconstruction Finance Corporation Act, as amended, and this borrower is included in the number of borrowers under that section. • Does not include l borrower in Florida, inasmuch as the Corporation had previously authorized a loan to this borrower under sec. 5 of the Reconstruction Finance Corporation Act, as amended, and this borrower is included in the number of borrowers under that section. • Duplications in the number of borrowers, etc., arise in cases where the Corporation makes authorizations to a bank or trust company under more than one of the classifications under sec. 304 of the act approved Mar. 9, 1933, as amended. 10 Classified by States according to the location of the property of the borrowers. Digitized by Google TABLE ~ 5.-Loan and other authorizationa, by character of loans, etc.,• from Feb. 2, 1932, to Mar. 31, 1937, inclusive Withdrawn or canceled Authorhed Repaid• Disbursed Outstanding as of Mar. 31, 1937 BANKS AND TR UST COMPAN1ES 2 Loans to aid in the reorganization or liquidation or closed banks: To receivers, liquidating agents, and conservators . .........................•.•.•... Through mortgage loan companies................................................. On assets of closed banks, under sec. 5e of the Reconstruction Finance Corporation Act, as amended................. .............. .................................. Total, to aid in the reorganization or liquidation of closed banks...... . ........ Loans to open banks •............... ....................... ........................... Loans on preferred stock _.......... ................... ................................ Subscriptions for preferred stock....................................................... Purchases or capital notes or debentures.............................................. . Total, banks and trust companies• .. . .................•...•••.•..........•.••••. $1, 122,490,906. 82 119,214,089.59 I $758,720,311. 14 72, 886, 069. 02 $65, 216, 70-1. 42 26, 995, 423. 52 492.. 622. 59 12. 314. 381. _ 71 , _11, 054, 576. 2-l 13, 426, 492. 18 : _ _ __ __ 1 1 1 I, 255, 131,488.59 · · · 1· 1 936,132,980.4 11 842,660,957.00 276,511,1119.3 106,345,264.55 1,143,091,364.0 1 I, 020, 992,299.00 1,339,795,128.56 5, 126,025.00 18,148,730.00 23,374,755.00 5,525,619.12 73,397, 760. 77 717. 273,373. 23 816,733,634.00 267,453,310.58 32. 062. 000. 00 339. 880. 000. 00 , 172,801,637.31 430, 457,000.00 l-----'---'--l>l<i. 442. 24Y. liei I :< 11\4. 62H 447. fl.S I 2,318,433,823.01 3. 865, 492, 006.15 I, 259, 805. 47 93, 472, 023. 41 113,099,065. 01 12, 023, 110. 88 449, 820, 062. 65 IG7, 078. 362. 69 836. 092. 624. 64 $258, 836, 086. 21 17, 182, 490. 51 $823, 937,105.561 09, 881,493. 14 ___ !======= ========='- 24,393,087.14 121,904,644.04 146. 297. 731. 18 1 INSURANCE COMPANIES 0 cg: ;;a· (1) Q ~ C'J 0 ~ ~ 21,471,879. 251 - 7. 345. •• ; 653. ••• 98 "" ""'-~II,"""·"" Loans-direct..... ..... .... .................................. .......................... Loans on preferred stock............................................................... 103, 006, 858. 28 I···· 13,331,441.86. 34,275,000. 00 Subsc~~~~~ 1:;::r:r:!:::~;;:::::::::::::::::::::::::::::::::::::::::::::::::::::: 137, ~~: : : : 2, 000, 180. 061 114. 558,990.06 ••••• ." ••• "" _ 1 I 110, ~ Y. Total, mortgag:!:~~::T:~:1;~~~~;;.~ ·;;;s·; :;~;;~~~.-~~--·· ·· · ····· ····· ···· · 1 usu. '" 89,675,4 16.42 34, 27 5, 000. 00 a 3, 862, 503. 20 28, 255, 372. 50 100,000.00 32, 217, 875. 70 ------------------ 12, 400, 000. 00 ------------- ---5,506,811. 76 366, 235, 5 71. 68 20, 200, 000. 00 5, 607,700. 39 477,249. 37 I, 657,229.19 33, 146, 368. 56 65,947,617.85 611, 268, 548. 80 387, 236, 000, 00 9, 250. 000. 00 173, 243, 140. 72 646, 452, 782. 73 3, 300, 000. 00 17, 040,060.14 6. 562. 890. 94 13, IOI , 598. 69 20, 224, 580. 66 19,288.616. 70 1,204,701,070.58 I 372, 718, 570. 91 9. 250, 000. 00 173, 243, 640. 72 560, 765, 113. 55 3, 300, 000. 00 15, 078.214. 23 5,518,618.22 12, 776, 763. 88 20, 177, 690. 6 7 17, 874, 794. 29 1, 196,703, 400. 47 I ~ 85,812,913. 22 6,019,627.50 328, 263,334.62 27,717, 931.48 225,912, 049. 33 148, I 39, 398. 92 77,772,050. 41 36,959,139.94 29, 170,864.00 10,402,307. 34 18, 768, 556. 66 ----- -- --- ---25, 000,000.00 ------ ---- -------25, 000, 000. 00 25, 000, 000. 00 I. 250. 000. 00 ------------------ -- -------------- -l. 750,000.00 l---'-----',n(_!lfl7.931.4!! ~;t 121. 541. 207. 07 391. 972,474. 56 I ::. ::~...... I ?JU'lOR.2 -----·QI~ .... -I 158,541, 706. 26 I======= Loans to Federal land banks . ...•................ . . . ..... .... . . . •.. .............. ...... 1 399, 636, 000. 00 Loans to Federal intermediate credit banks ...................................... . .... . 9, 250, 000. 00 Loans to regional agricultural credit corporations . •.. . .............. . ................ .. 178, 840, 452. 48 Loans to Commodity Credit Corporation ............... . . . . . ..... . .. ........ . . .... ... . 1, 222, 108, 664. 99 Loans to Secretary of Agr1cultnre to acquire cotton ........ ... .................... ..... . 23, 500. 000. 00 Loans toJomt•stock .and banks............................ ... . .. .. ... ..... ........... . 24, 221, 572. 68 Loans to agricultural credit corporations ... .. .. . . .... . ......................... ....... . 6, 120, 867. 59 Loans to livestock credit corporations.... .............. ........•.. . ... ...... ... ........ 14,758,827.88 Loans for finanolng exports of agricultural surpluses ..... ........... . ............. . . . .. . 53. 370, 955. 22 Loans for fin ancing agricultural commodities and livestock . .•.... . ............ ......... 85, 539, 013. 08 Total , agriculturol financing institutions, etc . ............••...................... 2, 017, 340, 353. 02 tr.l 0 2. 096, 363. 89 91. 832,540. 72 42 = 0 240,035.33 1, 855, 428. 56 1M fYlO M 124-,. £1'1114lf\ _. ~ ~ 1, i 59, 254. 63 112, 703, 561. 50 114. 462,816.13 ----------------- :=:: ~=: ~:=-·1·--~~------~~ I ii. :i:U. 441. KR I :· ···::::::::::·::·: MORTGAGE LOAN COMPANIES I Loaus--direct........................ . . . ... ........••.... .. ............ ....... ..•...... Loans to The RFC Mortgage Co. . . . . ... . ... ............ ..... ........... .. ............ Subscription for stock of The RFC Mortgage Co............ ............. ............. Subscription for stock of other mortgage loan companies. ...... ........ ............ .... I 1 tr.l "tl 0 ...l::rn I- BUILDING AND LOAN ASSOCIATIONS Loans to receivers...................................................... ............ .... Loans to others .............•.•.••.•_..~················· · ······························ Total, building and loan assocmt1ons............................................. = ------------------ 14,517, 420. 09 ----------------------------------70,687,669. 18 -----------------I, 062, 746. 91 44,272. 72 324, 834.81 46,895.00 1,413,822.41 97,997,670. 11 l======l=====~======l======i==== == d ~ ~ "'1 z~ 0 tr.l 0 0 = ~.... "tl 0 z0 '"°".n, LO reooh a 1 Los n• to other• . • Tor.at, rallro~ds •••.•••....••••..•••.••• .•••.•••••.•...•.•••••••.•.•••.•••••••.•.. • 24. 6M. 000. 00 ' 603. 853. 835. 00 628. 519. 795. 00 I 841. 791. 00 106. MS. 764. 89 106. 393. 655. 89 I. 23. 821. 160. 00 • 403, 30/i. 070. ll 517. 126. 239. 11 I • 783. 356. 00 • 176. 075. 060. 67 176,769,016.67 • 23. 037, 813. 00 • 317. 320. 409. 44 340. 367. 222. 44 63, 493, 487. 65 BUSlNESS CONCERNS Loans to Industrial or coromercl11\ business: Direct (including participations) ••••••••.•..•••••..••••••••••.••••.•••••••• -·· ••••• Through ban ks ..••..•.•...•••.•••••.••••••.••••••.•••..•• ••••.••••••••.....•.••••• Through mortgage loan companies •.•••••...•••.•••••••••••••••••.••••••...•• •••••. Fishing Industry under sec. 5 ol the Reconstruction Finance Corporation Act, as amended •.••..••••.••••••...•...••.••••...•...•.•..• •••••••.•......••.•.•.••••• •. L oans for mining, milling, or smelting of ores .•.•.•..••......••••••........•.••...•••.. Loans to processors, or distributors subject to processing taxes •.•.•••.•.•.•.•...•...••• Total, business concerns •••...•.•••.••••••.•.••.•••...•.•••••••••·••.....•••••••.. 16,422,275.00 45, 044, 765. 70 li2,838. 65 10, 720, 439. 85 78, 592, 618. 62 114,661.35 5, 701, 835. 15 15, 099, 130. 07 114,661.35 2, 908, 410. 64 792,100.00 JO, 600, 500. 00 26,089.27 180, 239, 995. 89 77,900.00 2,557,000. 00 11,371.21 58,464,315.41 654,075.00 2, 076, 500. 00 14. 718. 06 87,154,408.1 8 116,363.31 617,716.49 14,718.06 18,871,000.82 339, 217, 487. 36 27, 895, 743. 14 254, 521, 658. 25 54, 749, 542. 84 109, 772, 115. 41 130,891,033. 25 16,039,663. 61 68, 398, 066. 4 7 653,920. 18 67, 744, 146. 20 10, 450, 000. 00 1, 034, 596. 78 8, 528, 87 5. 90 1, 693, 710. 94 6, 835, 164. 96 1, 702, 962. 7.5 3, 994, 026. 00 16,146,088. 75 735,490.00 1, 199, 268. 67 2, 969, 355. 45 863,872. 75 2, 167,474. 47 I l. 560, 223. 12 45,122.40 1,097,606. 81 2,836,440. 15 818,750.35 1, 069.867. 66 8, 723, 782. 97 642,967.80 Loans to credit unions . ..........•.••••.•.•............•..•...•... ....•.•.......•...... 13,087,715.88 Loans to State lunds for securing repayment ol deposits of public moneys .•.•••.•.••••• 800. 00 006, 2, ••. .•....••.••••.••.. ... ............ obligations district public•school refinance to Loans 22, 500, 000. 00 Loan for payment of teachers' salaries ..•...•....•.•........ . .............•...•.•.•.... . and Relief Emergency the under relief, work and relief for available made Amounts 300, 000. 000. 00 Construction Act of 1932. as amended ............•.............................• ..... 1, 000, 000. 00 Loan to Rural Electrillcation Administration ......••...............•.....•............ 237. 483. 68 339, Total, other..••••...... ..•.•.•.•.••.•••.•.. ........ . . •..•••.•••.•... ..••• ••.••••. 8, 192, 743, 208. 02 Grand total 42,872.01 23,084. 70 477,300.00 200, 000. 00 600,095. 79 13,064,631.18 53, 420.47 22, 300, 000. 00 373,844.21 13, 064, 631. 18 152, 231, 531. 62 167,500.00 SELi·LIQUIDATlNO PRO1ECTS Loans-total ....•..••.......•..•••..... .•••••....•...•••••....•..•...•••••.•....•• •.•.• --------------2, 793, 424. 51 -- 537,711.69 1,458,783.51 - - - - -- DRAlNAGE, L:EVEE, IRRIGATION, AND SIMILAR DISTRICTS Loans- total ...•....••••••.•..•.•••••••...••....••.•••• ••.•...•...•••.•••....••••.••.. . REPAIR OF DAMAGE BY EARTHQUAKE, FLOOD, ETC. Loans to repair damage in 1933 ........•••.••...............•.••••••••••••• •••• • •••.•.•. Loans to repair damago in 1933, 1934, 1935, and 1936: To Industrial or commercial business.... . .....••............•••..••..••.•.••.••.... To others . . ....•• .........••..•.•.....•..........•..•.••.•• ...•................... . Total, repair of damage by earthquake, flood, etc ..•••...•.•.•..•........•..... . OTHER 0 cg: &r Q_ ~ C; 0 ~ ~ 209, 984, 999. 00 598,000.00 336,601. 146. 44 758, 257. 71 1, 378, 348, 596. 21 76,245,281, 7i5. 57 15,001.00 ------------------ -----------------22, 300, 000. 00 10, 756, 786. 00 --------- ------ --46. 495, 263. 39 4, 180, 339, 476. 64 226,251. 5q ----------------53,420.47 289, 228, 211. 00 598,000.00 200, 105, 883. 05 2, 064, !142, 298. 93 Excludes allocations to other governmental agencies, purchases of securities Crom Public Works Administration, and commitments outstanding. Excludes repayments unallocated, pending advices, as of Mar. 31, 1937. Excludes Joans through banks to industrial or commercial business. • Excludes Joans through mortgage loan companies to aid closed banks, and to industrial or commercial business. • Includes $193,618,000 representing refinancing of Joans previously made by the Corporation to Federal land banks for ditJerent individual amounts, but in the same aggregate 1 1 1 amount. ~'ti ~ ~ ~ a ~ ~ § d ~ ~ z ~ &3 a ij ! ~ • Revised. r In addition, npon certillcation of grants by the Federal Emergency Relief Administrator, under the Federal Emersencr Relief ,\ct of 1933, the Corporation bad disbursed $499,· 650,000 for relief and $349,930.89 for expenses necessary to carry out the provisions of the above act, ~ ~ 44 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repayments, and amounts outstanding from Feb. 2, 19Ji!, to Mar. 31, 1937, inclusive, by classes and months 1 TABLE GRAND TOTAL Year and month Amount author• i,ed • Amount dis• bursed Amount repaid Amount out• standing at end or period 1932 February ...........••....... .. M arch .. . . . ....... . . ..... .•.... AprlL •.......•.•...•••••...... May .. . . •...... . .. ....•.•...... June . . ... .... .... -..••• ... . -· -July . .. . ..•. . ....... ........... August.... . . ... •... . .... ........ September ..•........... .... ... October . ........ ... . .. ....... .. November ..•............ .... .. Decem ber .... .. ......... .. ..... $91,60 1, 057. 00 142, 333, 075. 06 228. 771 ,667. 33 199,450, 02.\. 39 388, 254, 246. 63 170, \134, 728. 59 189,068,106.31 l3~. 480, 782. 93 JR2, 373, 941 . 36 00, 5!!8, 9'>0. 32 128, 3-12, 558. 65 $70. 868,417.52 121 ,477,890. 49 155, 5-13, 323. 23 158,983,559. 12 298,276,816.59 171,149,931.86 146, 180,913. 71 72, 120, 713. 91 137, 623, 749. 6S 61, 020, 558. 96 131,501, 26.1. 75 - -- -- - --1,524, 747,133.82 Total. .•...•••.......••. . 1,936, 199, li2. 57 $18,845.00 8, 873, 883. 30 7, 009, 080. 50 16, 440, 7T/. 23 48, 684, 000. 02 34, 615,181.07 3.~. 232, 008. 30 44,903,1 58.06 47, 5M, 316. 2S 27. 1~0. 977. 04 29, 423, 415. 68 $70, 849, 572. 52 18.1, 453. 579. 71 331, 987,822. 44 474. 630, 1154. 33 724, 122,570.00 860, 657, 320. 711 971, 6M, 266. 20 998, 822, 822. 05 1, ORS. Slit, 2.~5. 45 1, 122, 720, 8-37. 37 1, 224, 798. 6~. 44 299, 94/l, 453. 38 1, 224, 798, 685. 44 1933 January ... ............... .. .... February ......•. •........•.•.. March ....•...... .••.•. ...•••.• ApclL . . . . . ....•.. . ... ..•.•..•. M ay ....•...• .....• .•.•........ June . •.... ........... .. .. .... .. July .. . .. ... ....... - .. .. ...... August. . .•..• ........... ..... . September .•............. .... _. October ... . .. •.• . ....... . ...... November ........•............ December.....•.....••...•..•.. 142,844, 447. 43 283. 171,473.85 217, 732, 207. 45 162, 526, 631. 98 141,928, 87!\. 46 154. 047, 880. 32 201,024,785.36 57, i 92, 38 1. 18 44, 791, 443. 05 517,388,597.97 347,536,421. 5f, 475,432, 646.36 117,995,293.92 199,499, 330. 83 179, 533, 134. i2 117,500,398.87 195, 805, 854.81 123,677,037.80 l lfi. 339, 396. 98 83, 128,537. 43 39, 2il, 494. 74 4S, 646,412. 75 186. 473, 065. 01 369,537,593.42 32, 452, 828. 29 35,971 ,603.16 M, 8 13,560.83 40. 213, 996.05 46. 800, 209. 06 94, f,.ifl, 029. 32 112. 949. 299. 42 73,520,461.92 61, 73-l, 251. 55 69, 684, l\50. 98 !\ 1, 202, 04.i. 08 67,574,183. 47 1,310,341, 151.111 1, 473, MS, 878. 74 1, 597, 588, 446, 63 1,674,874, S49, 45 1, 823, SSO, 495. 20 1,852,901,503.68 1, R.iS, 291. 601. 24 1, 864, 8119. 676. 75 1, 1142, 4~. 919. 94 1,821,398.681. 71 1, 9.i6, 669,701.114 2, 258, 633, 111. 59 Total. ••..•••....•...••.. 2, 746, 217,791.97 I, 776, 407, 551. 28 742,573, 125. 13 2, 258, 633, 111. 59 343, 781, 484. 63 138,223,573. 21 174,702,436. 92 137,503,338. 54 100,482,025. 14 205,212,280.51 • 278,190,303. 16 115, 003, 399. 80 54,364,910. 22 60, 087, 192. 35 87,827,623.32 132, 546, 512. 48 86, 163, 678. 38 82, 739. 872. 01 91,311,849. 17 91, 123, 212. 32 66, 097, 270. 39 67,831,380. 42 • 443, 161,666.45 136, 883, 990. 63 71,019,841.07 79, 14 2, 232. 20 73,407,675.50 114, 654, 725. 17 2, 516, 2.'iO, 9i 7. 84 2,571,734,619.04 2,655, 12.S. 206. 79 2, 701, 50!\, 333. 01 2,734,990.087. 76 2, 872, 3 70, 9R7. 85 2, 707, 399, 624. 56 2, 68/i. 519, 033. 73 2, 668. 864, 102. 88 2, 649. 809, 063. 03 2, 664, 229. 010. 85 2, 682, 120, 798. 16 1,827,925,080. 28 11, 404. 437,393. 71 2. 6~. 120,798.16 1934 January ... ••..•...••••• . •..• • .. I 406, 818, 221. 00 132,461,816. 10 February .•••..••••.....•.•••.. :March ....•.••.••....... ...•... I 196, 805, 336. 11 April.. .. . . ...••...•.......•.• __ 101, 694,057. 38 May .. . ... .. ..........•..•• •... I JO.i, 720, 702. 65 June ... . .. ..•.•..•.. •·······--· , • 261, 557, 367. 64 July.······ · ······ ·······-·-· -- I 73, 594, 504. 65 188,434,123.69 August. ... .••• •...• •..•••••••.. September ••••. •...•...•.••.... I 28U, 144, 4fi5. 19 rn2. 322. 799. 21 October ...•••••......•....•.•.. I 53,6 13,012.41 November •••••.•.•.....•...•. . 116, 567, 752. 03 December ••••...........••••. . . •rotal. • ••. •• .••.. -...••.. • 2, 118, 734, 148. 06 1935 January .. .•••• ·-····· ..•••• •. •• February .••.•••.•......••••••• March .••....••.•..••..•• ..••.. April.. ....•.• .• ••...•.•..••.... May ... .. .•.•••.•.•.......•.•.. June .......• •.•.•....•...... . .. July . .. . . . ...••••.•...••..•••.. August......••••••.....•.•. .. •.. September ••.• •.. • ...•.••..•... October .... ••.•••••.•.•.•.•.•.. Novemher •••.... •• •• .•.•.... .. December.....•.•.•••.•.•.•.... I 49, 275, 454. 45 32, 144, 004. 98 19,850,030.26 37,057,127.58 58,483, 575. 59 32, 608, 545. 74 138, 555. 994. 07 I 28, 253, 080. 00 I 27, 232, 256. 72 I 130, 225, 477. 53 I 30, 383, 209. 10 I 121,338,817, 28 I 39, 883, 002. 95 54,737,363.83 39, 624, 005. 90 56, I 04, 278. 17 61,729,009.88 137,909,087. 21 124,588,307.71 51, 347, 644. 38 42,029,803. 9ll 28, 436, 221. 25 17,986, 037.69 43, 792, 967. 11 73. 431,516.118 60, 582, 38,1, 4-0 54,747,687. 70 48. 076. 834. 97 46,990,617. 111 53, 855, 640. 23 60, 097, 571. 9ll 40, 278, 281. 119 34, 94-0, 786. 92 47,011,116.53 34, 143, 979. 73 106, 845, 402. 79 2, 652, 119, 721. 48 2, 636, 996. 9.19. 66 2, 645, 024, 382. 811 2, 659, 762. 775. 67 2, 743, 816, 222. 66 2, 808, 306, 958. 37 2,819,376,320. 76 2, 8~6. 465. 337. 83 2, 807, R!lO. 442. 55 2, 791, 732, 500. 51 2, 728, 680, OM. 83 696, 015, 721. 80 707,561,086. 57 661,001,819. 90 2, 728. 680, OM. 83 Ua~L:::::::::::::::::::::::::: June •• . .. •••.•..• ••.••.••••••.. July . ..... . ...•••...•. •• •...••.• August . .. .•..••.•.••......• . ..• September .• .• •.•.•••.........• October . .. .. •......... ......... N ovember. ..••••.• ..•••....•.. December .••••• ••.•••••••.•.•.• 24,616,712.69 • 15, 1so. ns. 39 120, 547,802.34 I 37, 310, 965. 06 I 95, 674, 906. 94 I 31, 159, 888. Z1 • 181,1 56,472.81 44, 086, 758. 38 I 8, 543, 959. 29 I 28, 039, 8.10. 29 15, 028. 335. 34 I 10, 053, 410. 23 62, 162, 133. 42 16, 900, 711. 44 19, 482, 00 I. 93 28,601,474.67 25,788,347. 90 23, 103, 343. 50 42, 200, 622. 53 ZT, 119,391.90 18, 627, 653. 01 28, 403, 788. 54 10, 835, 460. 87 25,067,831.62 49, 420, 650. 65 52, 691, 446. 85 75, 365,432.03 46, 190,361.91 I 150,760,907.52 I 112,558,813. 95 I 238,417,224, 01 I 37, 666, 959. 78 I 26,857,791.63 I 34, 787, 512. 10 I 33, 720, 705. 24 1 63, 066, 696. 16 2,741.421, 547. 60 2, 705, 720, 812. 19 2, 6t9, 837,382.09 2, 1132, 248, 494. 75 2,507,275.935. 13 2,417,820, 4M. 88 2, 221, 603, 863. 20 2, 21 1, 056, 295. 32 2, 202, 826. 156. 70 2,196,442,433.14 2, 173, 557. 188. 77 2, 135, 55!1, 324.. 23 Total •••••••••••••••••••• 611, 399, 820. 03 328, 382, 761. 23 921 , 501, 501. 83 2,135,558,324.23 Total. •••.•.•••••••••••.• I 2, 657, 9M, 736. 03 1936 January •.••••.•.•••••••••••••.• February..••.....••..... •. •••.• March ..••••••••••••••.•....•.. I I I I Bee footnotes at end of table. Digitized by Google REPORT OF RECONSTRUCTION FINANCE CORPORATION 45 6.-Amount of authorizations, disbursements, repayments, and amounts outstanding from Feb. 2, 1932, to Mar. 31, 1937, inclusive, by classes and months 1Continued TABLE GRAND TOTAL-Continued Year and month 1937 January ...................•.... Amount author• ized • $35, 956, 158. 75 Amount dis• bursed Amount repaid $34, 336, 250. 71 35, 899, 471. 38 80, 638, 460. 60 $2, 149, 380, 271. 82 2, 129, 185,871.55 2, 004, 942, 298. 93 • 150, 874, 182. 69 2, 064, 942, 298. 93 $48, 158, 198. 30 15, 705, 07 I. 11 16,394,887.98 February.......••......•..•.... March ..... ····-···--········-- 10, 205, 820. 23 38,014,574.61 Total, first quarter•••• __ . 84, 176, 553. 59 80, 258, 157. 39 Grand total._ .• ·······- __ 8, 192, 743, 208. 02 6, 245, 281, 775. 57 Amount outstanding at end of period 1 1 4, 180, 339, 476. 64 2, 064, 942, 298. 93 TOTAL, SEC. 5, RECONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED 1932.·----·-······-··-·-·····--- $1,623,154,844.44 $1,427,603,122.64 1933 .. ·- __ ·-. ·····-·-········--- 1,529,826,398. 18 1,156,042, 66G. 34 11134c .. -·---·••··--···········-·· 856,293,083.97 780,585,918.13 1935 13 $299,832,996.431 $1, 127, 770,126.21 734,506,495.63 1, 550,206,296.92 1,034,932,267.97 11,295,859,947.08 December--··--·-·---····--·-·- 11,565,667.14 11, 935, 408. 87 15, 573, 679. 56 45, 600, 500. 37 13, 734, 407. 66 23, 123, 802. 45 12, 650, 100. 00 10, 212, 948. 47 7, 053, 989. 88 I 10, 466, 664. 95 • 10, 574, 886. 48 • 7, 979, 725. 15 17,418,681.04 14, 877, 791. 77 II, 448, 399. 06 23,042, 158. 55 37,987,580.08 17,054, 165. 21 7, 394, 725. 62 11, 236, 508. -07 4,283,894.47 3, 978, 386. 38 2,235, 181. 66 23, 485, 63 I. 43 61,868,910.95 49,094,099.41 48,589,176.89 39, 262, 460. 23 40, 848, 322. 78 43,813,047.91 40, 906, 525. 32 31,383, 181. 28 25,504,221. 74 33, 880, 980. 65 :IO, 962,917. 6,3 58, 666, 089. 80 1,251,409,718.07 1, 217,193,410.43 1, 180, 052, 632. 60 1, 163,832,330.92 1, 160,971,588. 22 1, 134,212, 705. 52 1, HY.J, 700,905.82 1, 0oG, 554, 233. 21 I, 059, 333, 905. 94 !, 029, 431,311.67 1,000,703,575. 70 965, 523, 117. 33 Total.. __ ---···--·••····· • 180,461,830.98 174,443,104.84 504, 779, 934, 59 965, 523, 117. 33 December--· - _--- . ----- ·-·· ---· I 17, 562, 321. 82 3 4, 797, 977. 98 • 109, 536, 303. 08 I 27,121,666.07 • 30, 761, 270. 82 I 8, 435, 389. 58 • 2,900, 167. 20 28, 619, 543. 87 3, 596, 578. 21 11, 813, 499. 33 11, 367, 530. 33 3, 629, 397. 33 ,5, 845,842.34 8, ,fin, 111. 11 6, 893, 299. 14 12, 590, 452. 21 11,124,092.12 4, 180, 608. 06 16, 946, 451. 02 9, 785,793.42 5, 9H, 234. 27 15, 062, 862. 03 4,187,208. 76 15, 762, 093. 27 42, 785, 661. 99 32, 095, 358, ii7 60, 026, 230. 39 18, 441, 445. 66 20, 882, 492. 04 24, 134, 628. 57 66, 701, 434. 40 16, 038, 655. 17 19, 920, 793, 52 24, 083, 060. 27 1 25, 017, 808. 84 3 22, 254, 523. 81 928, 583, 297. 68 905, 254, 650. IS S52, 121,718.93 846, 270, 725. 4S 836,512,325, 56 816, 558, 305. 05 7f>ll, 803, 321. 67 7UO, 550, 459. 92 746, 60:l, 900. 67 737,583,702.43 716, 753,102.35 710,260,671.81 Total. ___ ·--···-·----·-·· 260, 14 I, 645. 62 JI 7,119,647.81 372,382,093.33 710, 2fJ(), 671. 81 March ... -- . -. ------- ---·-·---- 30, 219, 402. 40 4, 885, 433. 811 3, 530, 623. 12 4, HO, 582. JO 4, 616, 662. 24 5,481,114.51 I 7, 025, 383. 25 12,595, 184. 70 ' 26, 299, 212. 85 668, 585, 249. 86 Total, first quarter----··- 38, 635, 549. 38 14, 244, 358. 85 ' 55, 919, 780. 80 568, 585, 249. 86 3, 670, 938, 818. 61 '3, 002, 353, 568. 75 668, 585, 249. 86 January·- ..... ·-·· ....... ·---·- February ___ .•.. _·- ... _..... ·- .. March ... •·-···-·------··-··· .. tr::_:::::::::::::::::::::::::: lune.·--··----···-···-· ... •··-· July. ____ . - ___ ·-. _. ·-- ·--- ·-·- -August. __ .... -· .... - . - -----· ·-· September.···········--·-··-·· October.-·-····-------··---··-· November •• _----·····-----···· 1936 January. ___ ·- .......... ·-•-···February... ___ ............. ·--· March .. ____ ._··---·---·-·--··April...- __ .·-·- ........ ·-•··-·• May .... _____ ..... ··-·-·······June .. -·. -- ... - . ---·-·-·-··-··· July ... - . - . -- ..... - ·-----------August. ____ ._. - . - - -.. -- . -· --- ·September ____ ---·····-·----·-· October._··-·.·--··-·-··-·--·-· November______ ._ ... ·-.-----··- I 1937 January_. __ .--·-····-··-------February_.··---·------·--·-·-· Grand total. .• --·------·· 4, 488, 513,352.67 597,381,870.66 689, 403, 348. 20 BA.NKS AND TRUST COMPANIJ:S (lNCLUDINO RECEIVERS, LIQUIDATING AGENTS, AND CONSERVATORS) [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] 1932.• _ ··-·- __ •• ·-- - •• - - --- ··-·. 1933. -· .•• ___ •••••• - • - ·- -- • ·---· 11/34._ - - - - -- - •••• -- • - •• - ·- - ·--·· $949,412, 000. 09 849, 669, 525. I 6 455, 545, 860. I 6 $850, 836, 060. 02 578, 694, 545. 66 383, 148, 708. 22 $2.56, 249, 093. 06 461,874,568.42 468, 073, 238. 89 $594, 586, 966. 96 711, 40ti, 944. 20 626, 482, 413. 53 46,745,454.89 36, 821, 703. 70 38, 222, 865. 32 30, 7R8, 265. 44 30, 205, 343. 59 32, I 16, 05.5. 14 28, 808, 654. 78 591,724,944.44 564, 573, 809. 19' ,535, 455,835. 12 519,300,100.67 498,955, 114. 62· 477,884,873.86 4,54, 222,314.83 1======1,==-=== 1935 Ianuary.... ·-- ___ ·- •• - -- . --··-· February_.--------·---·-····-March •. ----------·---· ----··-April. . -----·-····----- ··---·-May.·-·-··----·- •• --· ••• -···-June .. ·-··- -- ·- -- -- •• - • ---··-·July_._.-·· •••• ___ . --- -----· --· See footnotes at end of table. 8,327,367.14 9, 033, 311. 00 13, 996, 693. 99 9, 540, 215. 15 8,341,143.63 13, M9, 363. 52 8, 500, 1~0. 00 11,987,985.80 9, 670, 568. 4,5 9,104,891.25 14, 632, 530. 99 9, 860, 357. 54 11,045,814.38 5, 146, 095. 75 Digitized by Google 46 REPOHT OF RECOXSTHL'CTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repayments, and amounts outstanding from Feb. 2, 19.:JE, to Mar. 31, 1937, inclusive, by classes and months ' Continued TABLE BANKS A:<D TRUST COMPANIES (lNCLUDI>IG RECEIVERS, LIQUIDATING AGENTS, AND CONSERVATORS)- Continued Year and month 1935-Continued August ........•.•••••.•••.•.•.. September .•.......•.•.••••.•.• October ...........•.......•••.• November .••.•.•.........•••.. December ••.•.•................ Total. •••••••.•.••....... Amount author• ized • $6, 239, %4. 82 Amount dis• bur,;ed Amonnt repaid Amount out• standin~ at eud of µeriod I 9, 853, 149. 42 • 7,452,009.86 • 107,897, 162. 76 $9,592,499.42 2,024,621.30 2, 884, 590. 79 320,301.89 20, 291, 243. 60 106,561,501.16 $23, 525, 325. 50 16,416,575.31 19,405, 25:J. 31 25,351,504. 10 27, 086, 256. 11 355,493,257. 19 $440, 289, -188. 75 425. 897,534. 74 409, 376, 872. 22 381, 345, 670. 01 377,550,657.50 377,550,657.50 1936 .Tanuary ••••.•••.•....•••..•...• February .•.•.•••.•••.•.•.•.•.. March .•..•••••••••••••...•.•.. April. •...••••••.•••••.•.•...•. May •...••••••••.••••••••••.... June ...•.........••.••..••..... .Tuly .........••.....•.••....... August ....•....••.........•... September ...•.••.•.•.•...•.•.• October .......•.•.•••.•.•.•...• November .••.•.•••••.••••••••• December ••.•...•••••.••••••••• Total. ••••.•••••.•....... I 9,890,656. 74 I 2,706,657.34 • 9, 082, 081. 29 • 6, 122, f>.'>4. 09 I 12, 727, 200. 25 I 6, 868, 389. 58 • 2, 300, 6.36. 95 7, 253, 651. 88 3, 186, 429. 27 3, 403, 467. 51 6, 614, 521. 06 1,822,744.37 70, 979, 096. 3-3 4,506,418.18 3,923,147.40 5, 243, 604. 65 4,241,577.57 3,237,178.53 3, 022, 009. 09 3, 767, 181. 83 2,824, 153. 74 3, 332, 214. 83 4, 245, 262. 74 692,828.56 4, 979, 683. 67 44,015,263. 79 27, 256, 202. 28 23, 050, 669. 25 55,411,455.27 13, f,36, 904. 00 12, 343, 972. 46 13, 021, 815. 58 16, 438, 956. 04 11, 962, 490. 27 13, 332, 449. 97 12,057,910.63 • 10, 699, 746. 10 • 12, 969, 464. 41 222, 182, 066. 26 354, 800, 873. 40 335, 673, 351. 55 285, 505, 500. 93 276. 110, 174. 50 267,003,380.57 257, 003, 544. 08 244, 331, 772. 87 235, 193, 436. 34 ~25, 193, 201. 20 217,380,553.31 20i, 3i3, 635. 77 199,383,855.03 199, 383, 855. 03 1937 January ...•.....•.•.•••.•.•.••• February ...•.•..•••••.•.•••••• March .• _.•..•••.........••••.. Total, first quarter ....... 24, 869, 492. 40 3,194,698.48 895,700.00 28, 959, 890. 88 847,051.56 1,053,015. 15 1, 1186, 985. 36 3, 887, 052. 07 10,097,347.43 7,786,490.91 17,071,209.33 • 24,955,047.67 190, 133, 559. 16 18-3, 400, 083. 40 178,315,859.43 178,315,859.43 1,967, 143,130.92 '1,788,827,271.49 178,315,859.43 7,032,553.04 • s. u:l!, aoo. 39 Grand total. .••••••...... 2, 462, 453, 535. 38 BUii.DiNG AND LOAN ASSOCIATIONS {INCLUDING RECEIVERS) [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] 1932.•••••••.••••.• •••·••• •••••• 1933 ..••..•.•••••.•••• ········-· 1934 •••••..•••..•••• ···-·· •••••• 1935 $99,696, 044. 75 21, 815, 467. 54 21,814, 676. 06 $93, 863, 114. 67 19, 187. 440. 08 1,021,537. 79 $9,616,440.07 37, 196,637.09 48, 240. 985. 90 $84, 246, 674. 60 66,237,477. 59 19, 918, 029. 48 l======l======l=======I====== 4,471,437.35 15, 446, 592. 13 January .•.••••••••••.••••.•• -.. 500,000.00 ................. . February...................... 80,000.00 ....•............. 2, 044, 580. 75 13, 402, Oil. 38 March......................... 8,524.90 l, 370, 165. 85 12, 109, 120. 53 77,275.00 946,256.62 11,162,863.91 April.......................... 20,000.00 895,561.51 May........................... 100,000.00 8,524.90 10, 275, 827. 30 907,140.69 9, 734, 170. 84 .June •••.•...•••••• ·-··········· 750,000.00 365,484.23 513,415.39 10, 202, 086. 39 .July •.•. ·•••••••••••••···•••••• 220,000.00 981,330.94 August........................ ..•••••• ••••••••.. 25,787.85 1,047,611.32 9, 180, 262. 92 September •••••••••.•••••••.•••..•••.•.•.•••••.•...••••••••••.•.... 271,713.60 8, 908, 549. 32 600,889.73 8, 307, 659. 59 October ...•••••••••••••••••••••......•.•••••.•••...• •·············· 500,038.52 7,807,621.07 November ••••.•••••••••••••••..••..•....••••••....••••••.......... 543,900.85 7,274,475.26 December...................... .. .. . • . . .• . .. ..••. 10, 755. 04 Total •••••••••• ·-·····-·· 1,678,524.90 l--1:-,-,-46:--:9-,c-:15"'7_--c9c:6-i--,---,...,.,-=-,-,--,-::-I--.,,...,.,..,...-=....,..,. 14, 112, 712. 18 7, 274, 475. 26 1936 January....................... 165,000.00 ••••••••..•..•.... 575,799.92 6, 698, 675. 34 February...................... 150,000.00 64,929.52 735,893.57 6, 027, 711. 29 470,564.57 March ••••••..••.•••..••.•••.•.•••••....•.......••••••••.••......•. 5, 557, 146. 72 363,257.33 April.......................... 620,000.00 .•••••••••. : ..••.. 6, 193, 889. 39 292,124.30 May........................... ...••••......••.•• 17,000.00 4, 918, 765. 09 931,066.80 3, 987, 698. 29 June .••.•..••••••••.••.•.•.•••.....•••.. •········ ··••••••••• ••• ·• •• 189,020.27 ..Tuly ••.••.•••.•..••..••••••••••..•••••••••••••••..••••••.•••.•••.•. 3, 798, 678. 02 167,552.54 3, 631, 125. 48 August. .••••..••.•••..•••••••• ·······-·········· ••••••••••••••.••. 286,587.06 September..................... 37,000.00 ..••••••••.....•.. 3, 344, 538. 42 449,257.46 October .••••...•...•.••••••..••.•••••••••••••.•..•••••••.••......•. 2, 895, 280. 96 233,743.65 2,697,537.31 36, 000. 00. I 235, 349. 72 2,462,187.59 4, 930. 217. 19 2,462. 187. 59 Total.·--·-·············· 972,000.00 117,929.52 Jg=:i::····················· ·················· ........ .Bee footnotes at end of table. Digitized by Google REPORT OF RECONSTRUCTION FINANCE CORPORATION 47 6.-Amount of authorizations, disbursements, repayments, and amounts outstanding from Feb. 2, 1932, to Mar. 31, 1937, inclusive, by classes and months 1Continued TABLE BUILDING AND LOAN ASSOCIATIONS (INCLUDING RECEIVERS)-Continued Amount authorized ' Year and month Amount dis• bursed Amount repaid 1937 Janunry ______________________ -- ----- --· -·------ -- - --- • -------·--· -February •• _··--------·--··---· ---·----- --- _________________ --·----·----------_ March .• _. ____ • __ • __ ·-·--·-·-·· ------ $321,017.93 Total, first quarter_····-Grand totaL---·--·---·- Amount outstanding at end ol period $104, 132. 54 161,505.88 100, 185. 28 $2, 358, 055. 05 2, 196, 549. 17 '365,823.70 2, 096, 363. 89 5 321,017.93 __________________ 2, 096, 3f>3. 89 l======l======J,======I 146,297,731.18 $116,559,180.02 ' 114,462,816.13 2, 096, 363. 89 INSURANCE COMPANIES [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended) 1932_._. -- ____ •••••• _•••• _•• ·- -· 1933. -·· ------ -- --····-··· _ -··· 193i. ····-- - • - - - - • ·- - • ·-·- •••• ·- $5, 588, 738. 52 $68, 037, 618. 92 19, 644, 414. 60 1, 835, 829. 93 $83, Oil!, 931. 66 17,479,935.85 2, 254. 690. 77 I I 21, 163, 735. 01 38, 019, 933. 04 l======l======J,======I====== 1935 January 792,205.65 ·······- ....... ··-· - . -·-··--··----·-· -· -· -·---·-- ---- ---· February·-··---·------·-··-·-- 2,300.00 Mareh_ ···--·--·-------·- .... -- ········-- ----··-- -- ---·-·- ----· --·· Total __________ ·····---·1936 -·-··-·- -·-- - ·-··------ -·---··--•·---·---·-- ----··--···-·------------ ··--·-··-····---· •···---·-·-·--···--·--------------67,300.00 567, 264. 63 801, 232. 98 1,316,319. 75 639, 112. 01 1, 183, 933. 67 493,814.38 387,190.57 7, 169,858. 70 623, 145. 21 3, 158, 760. 75 23,953,251.23 22, 526, 218. 93 21, 958, 954. 30 21, 157, 721. 32 19,841,401.57 19, 202, 289. 56 18, 018, 355. 89 17,524, Ml, 51 17, 137,350. 94 9, 967, 492. 24 9,344,347.03 6, 185, 586. 28 18,561,501.91 6,185,586.28 1, 428, 663. 61 1,631.31 ~····--··-···-·····----·-·- -·-····- 65,000. 00- -·---·-···----···- JODA •....... --······-· .... ···Joly .... ·····-·-·-··--·- .. ·-·-Augost ..... ---- -- --·--····-- - -September.-·-···--·--·---·---October•• _•• ---····-·-· .•.•.. -· November_···-·····--··-.----December.. ___ . ____ ----·-. - -·-- - --·--·-·· -- - --·-· -------- -- -- ----·... --- ----------·------------------ --- --·--·----·-· • -------··-··-------- --------- -----1,631.31 l=====l=====l,=====I=====-= 125, 180. rn 208,248.10 105,149.96 MO, 205. 39 26,790.54 73,795.80 134,458.84 109,835.01 440,534.92 161,944.44 126,539.00 126, 182. 90 6, 060, 406. 21 5, 852, 158. 11 5, 747, 008. 15 5, 206, 802. 76 5, 180, 012. 22 5, 106, 216. 42 4, 971, 757. 58 4, 861, 922. 57 4,421,387.65 4, 259, 443. 21 4, 132, 904. 21 4, 006, 721. 31 2, 178, 864. 97 4, 006, 721. 31 160, 141. 22 77, 711. 91 ' 62, 286. 64 3, 977, 501. 75 3, 924, 789. 84 3, 862, 503. 20 January -- -··-·-···-···-······- ··-----··· ·-····· ··-·-·······-····- r;~•.::::::::::::::::::::: :::::::::::::::::: :::::::::::::: :::: ApriL••• ·--··-·· -·-·-·-· •• --·May_·--······--- ____ -·-···-·-· June.········-·---···-··--···-· Joly ·-··--· •••• -··· •••••• -·· ··- $62,448,880.40 60, 929, 559. 99 24, 745, 456. 88 I --·· --···- -·-··· -- -- -·-·---- --·· -··· -· ·-···-·--·-·---- ---·-·- ___ --·- __ .. -·-···--··- -·· ______________ -·- --·-. -···-·-···-·-· ··-· -- -- -- -·-----· ·-·- August_ •••••••••• --·--····-···· -·---···-- -·-· ·-·- -··· -- -- - --· -- -··. September.·····--··--·-···-··- ---·-·-·-·-······· -·------ --- · -----· October._.···- ___ -·--··-.-··· __ -- --·-······-·-·-- -- -- - - -- • --·--- •·!< 0 ¥ember ••• - --··· -····· -····· --·--··- -·-· ··-·-- --- -- -- -- --····· ·December•• -···--···--···-····156,000.00 --·- -------·------ Total_ ... -·-············· I 156,000.00 ·•·· -------------- 1937 January······-·-·-············· -·--···---·-······ ii!'r~· ... -········-········ ·•·····-··-·-····· --····-·130,921.66 25, ooo. oo _ Total, ftrst quarter••••••• ----·····-··--··-155,921.66 • 300, 139. 77 3,862,503.20 l======i======/"'======I====== Grand total.·········-··· 103, 006, 8li8. 28 89, 675, 416. 42 • 85, 812, 913. 22 3, 862, 503. 20 MOBTGAGB LoAN COUPANIES [Under sec. 15 or the Reconstruction Finance Corporation Act, as amended] 1932•••••••••••••••••••••••••••• 19:l3..... ••••••••••••••••••••••. 11134.. ••••••••••••••••••••• •-···· See footnotes at end or table 1 $93. 741,902.61 234, 364, 020. 43 84,110,951, 76 I $88,448.020. 39 126, 041, 674. rn 73,438,306.41 I $11. 322. 555. 50 25, 294, 164. 10 91,520,001.30 $77, 125, 464. 89 177,872,974.86 159,791,279.97 ======r-======- Digitized by Google 48 REPORT OF RECONSTRUC'.rION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repayments, and amounts outstanding from Feb. 2, 1932, to Mar. 31, 193?, inclusive, by classes and months 1Continued TABLE MORTGAGE LOAN COMPANIES-Continued Year and month 1935 January .•...........•••••..•..• February ••••.................. March ..............•.......... April.. ...••...•................ May .•............•............ June ...•....................... July ....•.......•.........•.... August ......................... September •.•.•....•..•..•..••• October ........................ November ......•.............. December..••••................ Amount author• ized • $2, 678, 400. 00 Amount dis• bursed Amount out• stanrling at end of period Amount repaid 1,527.600. 00 1,908,475. 22 528,264.13 8, 073, 750. 93 3, 840. 000. 00 3, 956, 593. 65 1,436.84 4, 369, 498. 68 693,457.43 390,494.92 $2, 753, 196. 14 4, 944, 592. 01 1, 666, 232. 81 I, 119,327.56 921, 57.5. 39 1,521,471.30 1, 000, 598. 93 1,600,621.40 2,236, 173.17 1, 093, 795. 59 1, 839, 879. 77 2, 370, 145. 14 $6,651,892.68 5,831,829.51 5, 140, 190. 22 3, 752, 739. 11 3,527,507.69 2, 392, 6/\3. 40 6, 604, 1161. 70 5, 332, 120. 09 6, 202, 179. 25 1,737,331.29 2,319, 741. 13 5, 494, 372. 69 $155,892,583.43 155, 005, 345. 93 151,531,388.52 148, 897, 976. 97 146, 292, 044. 67 145, 423, 862. 57 139, 819, 499. 80 136, 088, 001. 11 132, 121,995.03 131,478,459.33 130, 998, 597. 97 127,874,370.42 Total. •••.•.•••..••.•.•.. 30, 776, 768. 77 23, 070, 609. 21 54,987,518. 76 127, 874, 370. 42 1936 January ..••.........•••••.••.•. February ..•......•...••....... March ......•........•••••....• April.. •••.....•......•.•....... May •..••.•..•....•....•....... June .•.••......•..••..•........ July .., ____ ---- ---------------Au~ust •...••••..........•...... September ..................... October ••...................... November .•••••.•••..••••.•... December ••.•.•.....•••.•..•... 206,665.08 1,941,320.64 1,031,818. 79 4, 230, 344. 98 17. 909. 070. 57 1, 558, 000. 00 149,530.25 13, 188, 688. 99 373,148.94 7,170.031. 82 5, 153, 009. 27 1, 150, 652. 96 1,283,674.16 910,134.25 1, 649, 694. 49 2,419,874.64 4, 815, 285. 36 1, 064, 598. 97 4, 606, 509. 19 6,811,639. 68 1,840,819.44 2, 634, 500. 29 2,510,380. 20 I 9, 273, 909. 60 2, 506, 469. 61 2, 215, 662. 66 2,449,177.69 1, 842, 821. 17 3, 405, 112. 43 4, 754,101.33 2, 751, 754. 28 2, 102, 043. 52 2, 459, 978. 84 3, 344, 057. 43 ' 3, 498, 388. 03 • 5, 696, 713. 35 126,651,574.97 125, 346, 046. 56 124, 546, 563. 36 125,123.616. 83 126, 533, 789. 76 122, 844, 287. 40 124, 699, 132. 31 129, 408, 728. 47 128, 789, 569. 07 128, 079, 210. 93 127,091, 203. 10 130, 668, 3119. 35 Total ..•••••...••.•••.••. 54, 062, 282. 29 39,821,209.27 37,027,180.34 130, 668, 3119. 35 295,000.00 1, 600, 735. 38 1,907, I ii. 91 3, 166, 608. 88 3,538,647.09 3, 141,166.30 4, 032, 276. 68 3, 809, 533. 49 6, 342, 956. 35 129, 802, 731. 55 129,531,845.15 126,330,055.10 14, 184, 766, 52 126,330,055. 10 l&i: 52 126, 330,055. 10 2, 808, 796. 97 1937 1anusry........................ FebruarY ·-················· ..• March ......................... Total, first quarter .•..•.. 3,802,913. 29 9, 846, 422. 27 Grand total. ••.•••••••... 500, 858, 839. 15 360, 666, 241. 62 I I I 234, 336, CREDIT UNIONS [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] 1932..•••.•••••••••••.••••••••.• 1933...•••...•.•••.•.•••••..•... 1934.•...•..••..••••••.••...••.. $472, 446. 00 148,555.00 1,966.80 $440,098.00 138,789.41 1,966.80 1935 January ...•.•....••...••••••........•...•••.••.....•.....•...•...•. February .•••••......•....•....•...••.••...••.......•.............. March ••.•••.....•..••.•...•.....••..•...............••.........•.. April........................... 20, 000. 00 ......•........... May........................... .••......•••...... 19,241. 58 June ••.•.•....••.•..•.•••........••.•...•••.•.•....••••..••..•.••.. 1uly.....•.......•.•...••........•...•••••••..•.........••.•..•.•..• August ..................•.......•...••.••••.........••......•..•... September .••••••.......•.•.••..••..•••.•••..••........•.....••...• October ...................•........•••••..•..•.....•..•.....••.••.. November ..•.•.......•..•..•...•.....••••............•.......•.... December ...•.••......•••••.•........•••••...•.....•.......•••••••. Total ••• ····-·· •••••••••. 20,000.00 19,241.58 $8,838. oo 57,551.20 129,007.29 I I 18,474.32 6,334.52 24,055.34 2,089.96 13,420.00 4,320,00 4,500.00 615.00 565. 00 850. 00 655.00 750. 00 366,983.40 360,648.88 336,593.54 334,503.58 3W,325.16 336,005.16 331, 505. 16 330,890.16 330,325.16 329,475.16 328,820.16 328,070.16 76,629.14 328,070.16 See f®tnotes at end of tahle. Digitized by $431, 260. 00 512,498. 21 385,457.72 Google REPORT OF RECONSTRUCTION FINANCE CORPORATION 49 6.-Amount of authorizations, disbursements, repayments, and amounts out-. standing from Feb. 2, 1932, to Mar. 31, 1937, inclusive, by classes and months'Continued TABLE CREDIT UNIONS-Continued Year and month Amount authorized • Amount disbursed Amount repaid Amount outstanding at end or period 1936 January .• ___ .·-···--·------··-February._.·-----·····-····-·· March .. ···-··--····-··-·-··--· ApriL. ... ·-···············--··· May······-······-·-·-·-------· June·-···-··--·······---·-----· July ......•. ·--- .......... ----· August ..•.• ··--···· .... ···-··-· September.-·--·······•···-·-·· Octobar ... _......• _.... ···---·· NoYember __ ..•.•. ·······-·---· December .•• ·-···········-·--·Total._ .• ···--···--·----- -·---- •. ·--·--···· ...••..••......... ····-··-····-·-·-· ···-·······••··•·· ·--······-········ .. ······--·······. .•....•... · ....•.. ·······-·········· ····-···········-· ......•...•....... ·-····-········••· ········-········· .• --· .•• ·-·. ·-· .•..... ··-· ••..••.•.. .... ·- ·- ··-· ...•.... ·-·· ·-·· ....... . -----·-··-···-···· ·-···-········•··· ···---··-·-····-·· ·-··········•··· .. ···-·-·-······-··· ···········-······ ·-··········· .••.................... ................................... . $13, 570. 00 525.00 2,540.00 1,750.00 225. 00 8,810.00 150.00 1,256. 77 3,735.00 1,650.00 3,325.00 3 880. 00 38,416.77 $314, 500. 16 313,975.16 :l11, 435. 16 309,685.16 :nu, 460.16 300,650.16 :lOO, 500. 16 299,243.39 295,508.39 293,858.39 290,533, 39 289,653.39 2d9. 653. 39 1937 Janoary .. •···-·····--·-·------Fehroary .. ·-··-·--------···--· March.·-········---········-·· Total, first quarter_ ...... ·----···-·---··-·· ................. . ·-···-·---····•-•· ................. . ··-········· ....................... . ................................... . 5,625.00 30,800.00 26,976.81 '63,401.81 284,028.39 253,228.39 226,251.58 226,251.58 ' 373, 844. 21 226,251.58 Grand total. ___ ..... _._ .. $642, 967. 80 1 $600, 095. 79 FEDERAL LAND BANKS [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] 1932.•.• ·- ·- ··-- --- -·--- .••. ·--· 1933 ..•. ·-·- ····-·--·-·-··-----· 1934.• ·-· ••• -· ••. ···-· ·- ·----·-· 1935 $29, 000, 000. 00 145,518,000.00 • 225. 118, 000. 00 $18,500,000.00 ·····-·-·········· 123,618,000.00 ................. . • 245, 118, 000. 00 • $308, 780, 601. 29 $18, 500, 000. 00 142, 118, 000. 00 78, 455, 39R. 71 1,491,325.35 76,964,073.36 January.-•...•• ···-·······-··-· ··-···········--·· .........•..•..... 2,490,737.91 74,473,335.45 February .. ··-····-············ ·····-········-··· •-•··· •·•·····-· •· 2, 210, 356. 78 72, 262, 978. 67 March •••...•• ·-·······-··········-·-············ •·············-··· 1, 788,778.22 ,0, 474,200. 45 April .••.•..••..... ·-··-·-··· -· ···--············· ........•.....•... May .........•.•.......•.... - ......••••.•••••...........•.•...•••.. 4, 075, 855. 88 66, 398, 344. 67 6, 525, 135. 46 59, 873, 209. 11 June ...•... ··-·-············-·· ·········-·-···--· ··-···••·•········ 1, 596, 302. 70 58, 276, 906. 41 July .........•..••.•..•.. ·-····· ·······-·········· ········•····••··· 393,564.94 57,883,341.47 AugusL ........ ···-- ·-· .•......•...••.....•••..........•....•••..•. 1,607,747.80 56,275,593.67 Beptember .•• -·-·----·······•-· ·············-···· .•..............•. 4, 230, 052. 96 52, 045, 540. 72 October ...•...• -----··-··-····· .•....•..••..•.....•.........•.•.•.. 1,937,990.22 .50, 107,550. 50 November •.. ·-··-···-··············-············ .....•...•..•..... 44,830,916.91 December.. -----·-·----·--··-·· ...................•...•............ 1 -5,276,633.59 - - - - -, - - - - - 33, 624, 481. 80 44, 830, 916. 91 Total.-----··-·-···-···-· .................. ·····•············ 1936 January····-··-··-··-··-···--·· }'ebruacy .• __ ······----··-··-·· ''~rcl.i .. ____ • ___ . _____ ·---·--·· A priL. •.. ·- ....••.• -··. _.. .• . . . May ..... ·-·-·.··-············· June.··········--·············· July···•····-·-·----······-····. ····---··- ·····-··-········ ·····-·· ··---············· .. • . . ..• .• . • . . . . • . ···-····-· ...• .... ·······-·········· .. .•.. .. .•••....•. ....•.. ···---·-·· ····---·----······ ........••.••..••• . •. ... . . . . . . •• •• •• ...•..•...••••••.. ...•...•....•..... ....••.. •••.•.•... Au~u.st. .•••.• -·-··············· ....•...•.•.•..... ···•-········· ..•• September·---···-·---········· October ...•••.•.. ·-···-···--··· ",;ovember. _... ···-····· ·-·-··· Dect,mber .. ·-·--··--··-··-····· Total. ----··--·-·----·-·- .................. ·········•-······· ···--···--··-····· ...•.. ···--···-··· ..••.•••.•••••.•... ·········-· ··-···•······-········· ················-· ········-····•···· ...............•.. 9,150,893.58 35,680,023.33 545,763.60 35, 134,259. 73 483,258.26 :!4, 651,001.47 372, 380. 05 34, 278, 621. 42 421,000.47 33,857,620.95 408,872.09 :!3, 448,748.86 557,786.83 :32, 890,962.03 759,356.0i 32,131,605.96 1,376,050.91 30,755.555. 05 2,905, 139. 34 27,850,415. 71 314,202.05 27,536,213.66 - -32,867,814.96 - - - - · 1 - -24,668,398.70 ----20,162,518.21 24,668,398.70 1937 January····-······-··--···--··· ·····-············ February._·······--··-···----· ··········--···-·· l.Ia.rch. ·-·-····-·-·-·-·---··-·- ................•. Total, first quarter. ____ •................... Grand total·----··-·---·· • 399,636,000.00 ·-·-······-······· 2,030,964.39 22,637,434.31 ··-··-···-····-··· 557,934.80 22,079,499.61 1 ···············-·· 7,562. OiO. 42 14. 517,429. GU ······•··········· -,-1...,0-,l-50-,-9-69-.-6-l·l---14-.-5-17-.-429-.09• 387,236,000.00 • 1 372,718,570.91 14, 517,429.09 See footnote; st end of table. 153608-37--4 Digitized by Google 50 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amonnt of authorizations, disbursements, repayments, and amounts outstanding from Peb. 2, 19J2, to !vfar. 31, 1937, inclusive, by classes and months 1Continued TABLE JOINT-STOCK LAND BANKS [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended) Amount author• ized 2 Year and month 1932. ... ... ..••• .•••......•..... $6,297,000.00 1933...... .......•••....•....... 14,806,172.68 1934 •............•.•.••.....•... ····•····•·•·····• Amount dis• bursed Amount out• standing at end of period Amount repaid $2, 527, 845. 62 12, ·120, 274. 14 711,252.53 $fi2, .544. 32 744,537.17 8, 365, 785. 56 1=====1•=====1======1= 1935 January........................ 62, 400. 00 .........•.••..... February ......•........•........•....................•.•.......... March ..............•.•.•.•.........•.•.•..•........•.•••....••.... April.. ......••.........................•••......................... May ....................................................•.....•.... June .......•.......••..•....... ·················· ·······•····••···· July ................•.•.•...•.........................•.. · ......••. AUl(USt. .....••....•.•.•.•.......••.....................•........... September .•........•...•........•............•.....•.•.••......•.. October ......•.......•...........•....... _........•..••.........••. November..................... 20, 779. 63 .•••.............. December...................... 12'J, 220. 37 150,000.00 Total .•••••..•••••.•••••. 202,400.00 $2, 465, 301. 30 14, 141, 038. 27 6, 486, 505. 24 1,107,856.17 414,350.00 935,035.54 328,214.57 554,566.54 107,818.81 232,657.62 423,310.00 8,828.27 67,761.54 98,826.64 118,460.29 4, 029, 263. 53 3,701,048. 96 3, 146, 482. 42 3, 038, 663. 61 2, 806, 005. 99 2, 382, 695. 90 2, 373, 867. 63 2, 306, 106. 09 2, '1JJ7, 279. 45 2,238,819. 16 4, 397, 686. 08 2, 238, 819. 16 138,787.80 108,503.12 88,101.03 288,626.15 32,602.96 159,349.54 233,877. 79 67,720.55 29,666.45 R5, 231. 65 137,004.40 I 35,673.53 2, 100,031.36 1, 991, 528. 24 1,903,427.21 1,614,801.06 1, 582, 1118. 10 1, 422, 848. 56 1, 488, 970. 77 1, 421, 250. 22 1, 391, 583. 77 1, 306, 352. 12 1,169,347. 72 1,722,174. 19 1,405,144.97 1, 722, 174. HI 61,508.81 25,718.33 15,288.99 1, 660, 665. 38 1, 634, 947. 06 1, 962, 745. 91 ' 102, 516. 13 1,962,745.91 ' 15,078,214.23 1,002,745.91 150,000.00 5, 378, 649. 07 4, 964, 299. 07 1936 January•••••......••..•........••••...••....•.••...••••••••..•.•••• February .........•................••.•..•..............•..•...•... March .•..••.................•......••................•.•••....•••. April.. •.....•.......•.......•.....•••••.••........•......•......••. ~~t- ::: :::::::::::::::::::::: :::::::::::::::: :: :::::::::::::::::: July........................... 300,000.00 300,000.00 August. ....•.....•..•.............•..•.............•••.•...•....•.. September .......•.............••....................•.•........... October........................ 1,100,000.00 ................. . November..................... 600,000.00 ................. . December...................... 450,000.00 588,500.00 Total ••...•••••.•••••..•• 2, 450, 000. 00 888,500.00 1937 January .....••••••••..••••••.•..••••••............••••••••••••••••• February...................... 90, 000. 00 .•.••••........... March......................... 376,000.00 343,087.85 Total, first quarter....... Grand total.............. 466, 000. 00 1 343, 087. 85 1=====1=====1======1= 24,221,572.68 17,040,960. H FEDERAL INTERMEDIATE CREDIT BANKS [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended) 1933 ••••••••••.•••••••••••••••.. $9, 250, ooo. oo 1--$9_,2_so_,_ooo_.oo_,___s_9_,250_,_ooo_._00_1····-··· ••...•• ·-· Grand total. ••••••..•••.. 1 9,250,000.00 9,250,000.00 9,250,000.00 ················- AGRICULTURAL CREDIT CORPORATIONS [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] 1932.•.•.•.••••••••••••••••••••. 1933............................ 1934............................ $3. 619. 850. 98 1,959,634. 31 433,894.35 I $3. 456. 627. 33 1, 729, Oil. 24 350,491. 70 I $1. 082. 310. 40 2,412,027.46 1,178,419.58 I $2, 374, 316. 93 1,691,300. 71 8fl3, 372.83 1= = = = = = = = = = = = = = = = = = ======- See footnotes at end or table. Digitized by Google 51 REPORT OF RECONSTRUCTION FINANCE CORPORATIO~ 6.-Amount of authorizations, disbursements, repayments, and amounts outstanding from Feb. 2, 1932, to Mar. 31, 1937, inclusive, by classes and months 1Continued TABLE AGRICULTURAL CREDIT CoRrORATIONS-Continued Amount authorized' Year and month Amount disbursed Amount repaid 1935 February ___ . ___________________________ . ________ -· -----------··-·· J\brrh. -···········-······-·--· $26,760.67 __ -····-·- --·-- ... :lfay .-·•-··-·-················· --··-··-···-··---- June._ .••••. --··_-······-···- .. -······---···-·-·July .. __ -·•-···-·--····-······· ····-··---·-·--··Sept.,mber_···-······--····-··- --·--·-··-·--····· October .................•..••...•..•...•.•....... November··-···--····-·-·-·--· ·····---·---··-·-· December·-····-·-·-··-····-··· ··-··-············ Total._ ..•.••••......••.. 26,760.67 Amount outstanding at end of period $133. 50 2,500.00 ···--··-···-----·· 14,000.00 I, 500. 00 8,475.00 88,126.25 9,719.26 5,742.57 $26,760.67 --·······- -··-·-·· --···-·· --·······-·········--······ ·········-········ ···-·····-····--·· .................. 26,760.67 $863, 239. 33 860,739.33 887,500.00 873,500.00 872,000.00 863,525.00 775,398. 75 765,679.411 759,936.92 130,196.58 759,936.92 1======1,====== 1936 ,pril .•.....••.•••.•• - ••••.••••• ·········-········ May •....•••••••.••••••..•....• ···-·············· July .... -·· •.•••••••••••. ·-···- ·····-··.. ... . .••. August ..•• ··········-·-·· ...•...•• ··········-···September•..•••• ·--···--······ ....•...••.•...... October.•. ·--··-··-·-·--····-·· ···········-·····November.-··················· .•.•..•.•••....•.. December .••••• ·--···-········50,000.00 Total.-·······-·····-···· 701,300.02 681,300.02 581,300.02 579,300.02 479,300.02 379,289.05 147,789.05 147,789.05 ··•·•··•···•···••· ...... ···········. . .. . .. ... . . . .. .. . ·•········-·-····· ············•·····-·····-·-·····-·· ···············--· 58,636.90 20,000. 00 100, 000. 00 2,000.00 100,000.00 100,010.97 231,500.00 ·----·-·-··------· ·-··-·····---····- 50,000.00 ·······-···-···-·· 612,147.87 147,789.05 ZT. 30 3, 500. 00 99, 989. 03 147, 761. 75 144, 261. 75 44, Z12. 72 • 100,516.33 44, Z72. 72 11137 January_··----··-·····- .••••••..••.. _. -• - -.• -· -·· .••.•..••. -······· February._···-··········--···· ········-·-- ·-···- ·············-···· March·--·····-·············-·· 30, 7ZT. 28 -··-······-····-·· Total, first quarter._..... Grand total.--··---··-·_. I 30, 7Z1. 28 ···---····-······- l======t======~======I====== 6, 120, 867. 69 5, 562, 890. 94 6 5, 518, 618. 22 44, Z72. 72 REGION.lL AGRICULTURAL CREDIT CORPORATIONS (REDISCOUNTS) [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] 19n_ •• _·-. _••• _. _. _. _·-·-·- __ .. 19!.1 .• _--- ..• - _. - •• ·--. -· •• - • - • - 1934__ • --- _-- _-- -------- -· ---- _. Grand total·-·-·c·---···- m. 34 $5, 372, 062. 60 149, 782, 151. 12 18, 089, 4ZT, 00 $665. 03 125,268,410.43 47,974,575.26 178, 840, 452. 48 173, 243, 640. 72 173, 243, 640. 72 $7, 285, 972. 50 163, 386, 252. 64 18, 168, $5, 371, 407. 57 29,885, 148. 26 LIVESTOCK CREDIT CORPORATIONS [Under sec. 5 or the Reconstruction Finance Corporation Act, as amended] 1932. ·--· ••• -- -- ---·--·-···· •••• 1933 .•• ·-. --------1g34. _. -·-. _______ • ______ ••••-··· - ·- ···-- ·- $13, 146, 602. 85 1, 118, 800. 00 210,559.15 $11, 810, 403. 61 758,329.44 248,999. 76 11135 January••. -----····--·--····- .. ·--···---· ·- -·-· .. ·····-·-· •..••• - .• Febn:iary __ --------·· ---··-·· ••. - -····-··-- ..•....• ···-··· - •••.... March ___ ·-·-·-·-·-·-····-···-· ·- -····· ... --. -·- ..•••... -..•• -· .••. April-·-·--·--···-·--······--··· 120,000.00 ···-·- ·······- ···llay _·- -··-·------·-······-··-- ·-········ -······· 120,000.00 June .• -·.--·-··· •••••. • .•. •··-· ·- •· • • -· ••·•···•·· · ····· ···· •· ·• ··•• July._ .•••.. __ .•.••.•...••••••••• --·- -······· -···· .•.•.•.••..••• -..• • lll(llSt. __ • - ·- -··-···· • - • --·-··· ··-····· •••••• ••• • •• ···-······ ··-·· - September.·-·--·-····-·-······ •·--·············- -········-········ October .. ··---·····-····-··-··· 163,865.88 ···-··-··-·- .... -· X,"·ember. _--················· ···-·-······-····75,000.00 lJK"ember.----··-···-····-·--·· ···--····----·-··· 88,865.88 Total •• --------··----·-·. 283,865.88 283,865.88 $4, 062, 258. 82 $7, 748, 144. 79 6, 081, 544. 24 1, 340, 809. 37 2, 424, 929. 99 1, 333, 120. 38 21,406.46 42,035.24 13,743.21 1,121.50 30,817.50 38,152.35 176, 791. 77 64,712.48 41,500.07 123,056.46 43,982.01 34,989.63 1, 311, 713. 92 1, 269, 678. 68 632,308.68 984,677.58 1,255,936.47 1, 254, 813. 97 1,343,996.47 1,305,844.12 1, 129, 052. 35 1,064,339. 87 1, 022, 839. 80 899,783.34 930,801.33 984,677.58 I======l======F======I====== See footnotes at end or table. Digitized by Google 52 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repayments, and amounts out,. standing from Feb. 2, 1932, to Mar. 31, 1937, inclusive, by classe, and months 1Continued TABLE LIVESTOCK CREDIT CORPORATIONS-Continued Amount author· ized • Yee.rand month Amount dis• bursed Amount reJ)8id Amount out• standing at end of period 1936 January ...... .. ...•................................................ February ................................•..•...................... Me.rch ... . ......................................................•.. April.. . ... ........................................................ . May ..... .. . .................................•..................... June ........................... •············· · ··· ·················· July .................•....•............... ........ · •···············• August . ........................................................... . September .............. . .......•.............•.................... October ............................... .. ............... ..........•. November ..............•........................... . .............. December...............•.......................................... Total. •............••.•.... ........ .. . ....................... $11,093.00 3,402.05 11,506. 06 3,736.60 8,424. 53 27, 724. 12 69,134.54 9,851.34 16,277. ~ 91, 732. 38 125,592. 75 • 216, 874. 94 595,349.51 $973,584. liS 970,182.53 958,676.47 954,039.87 946,615.34 918,791.22 849,656.68 839,815. 3-1 823,528.14 731, 795.76 606, :alil. 0l 389,328. 07 389,328. (JI 1037 January........................ .. ............. ... .. .....•.......... February...................... . ..•.. .. . . . . . . .. . . . .. . ... . .. .. .. .. . . 41,753.88 347,574.19 12, 489. 38 335,084.81 March. • • . . . . . • . • . . . . . . . . •. . • . . . . . . . . . . . • • • . • • • • . . • . . . . . . . . . . . . . . . . • 10. 250. 00 324, 834. 81 Total, first quarter •...•.................... -. .-...-...-.-..-.-...-...·l---,-,-64-,-4..,.93___26-J·---3-24~,-83-4-.8,. . 1 Grand total.............. $14, 758, 827. 88 $13,101,598.69 RAILROADS (INCLUDING RECEIVERS AND ' 12, 776, 763'. 88 324, 83i. 81 TRUSTEES) [Under sec. 5 or the R~nstruction Finance Corporation Act, a.• amended) ltt:l2 ••••••••...................• 1933 • ••••••....•...•.•.•.•.•.•.. 1934 •••••••.........•.........•. 1935 $337,435,093. 00 74, 410, 585. 00 46, 010, 402.00 January........................ .................. February...................... . ......... .. .... .. March......................... ........ .. . .. .. ... $284, 311, 271. 48 100, 782, 987. 01 53, 189,013. 62 $11,839, M12. 71 45, 088, 570. 37 13, 461, 271. 32 2,660,000.00 251, <XIO. 00 600,000.00 7, 267, 300. 00 27,031,120.00 I, 738,480.00 266, 700. 00 17,600.00 7, 100. 00 89,381.13 13, 730.67 103,000.00 April........................... 33, 978, 000. 00 853,761.83 May........................... 2,300,000. 00 228,930.32 June........................... 240,748. 00 808,500.54 July........... . . . . • .• . . . . . . . . . . . . . . . . . . .• . . . . . . . . 1,272,813.41 August. ... . .................... ................ .. 6,133.41 September. . . . . . . . . . . . . . . . . . . . . . . . . . . . • . . . . . . . . . . 454,133.41 October ................................... ... ...................•.. 98, 023.81 November ........................•................................ a9, 550. 04 December...................... . . . . . . . . . . . . . . . . . . 94, 252. oo 16, 609, 600. 24 Total.... . ............... 36,519, 648.00 --,3:-::9-, , 9:-::33-=-,...,55-=-2=-.-=-oo-:--l·--=-:::=-:--:-:--:-·I· 20, 577, 558. 81 1936 January... . .. .... .............. 5,000,000. 00 50. 000. 00 2, 587. 892. 52 Februllol'y........................•................ I, 550, 000. 00 5, 003, 329. 75 Maroh. .. .... .. . . . . .. . . . . . . . . .. . 99, 422, 400. 00 .. ............... . 959, 142.31 April........................... 16, 148, 6117. 00 5, 921!, 000. 00 1; 000, 826. 28 May........................... 4, 180, r,99_ 09 100,000.00 3,040. 748. 00 June........................... 7, (XI(). 00 94,000. (Xl 4, 689, 664. 97 July............................ 150. 000. 00 8,252,667.00 45, 843, 881. 03 August ......................... 8, 176, (XI(), 00 150,000.00 722. 288. 47 September..... ................ ........ ..... ... . . 800,000. 00 1,807,974.08 October........................ 140, 000. 00 8, 183, 000. 00 3, 656, 849. 98 N overn ber... .. .. . . . ..•.. ..•... . . .•... ... . . .. . . . . 940, 000. 00 9, 569. 278. 98 '99. 620. 00 Decen~~;~i.·.~~~:::::::::::::::: 1-·-··-;-;~----;~-~-.-06_.·-;-~~-·-·,1--29-,-::-:~-1-5:-:-1 80, 181, 447. 46 1937 January........................ 5,000,000. 00 ....••.••......... 478,106.00 February ................•...................................•..... 126,500.00 March ......................•...................................... ' 5, 006, 000. 00 Total, first quart~r.... .•. 5,000, 000. 00 ................. . I 5, 610, 606. 00 Grand total.............. 628, 519, 795. 00 517, 126,239. 11 I 176,759,016.671 See footnotes at end of table. Digitized by Goog Ie $272, 471, 708. 77 337, 166,125.41 376, 893, 867. 71 379, 461, 486. 58 379, 701,755.91 380, 198,755.91 386, 612,294.08 413,414,483. 76 414, 344, 463. 22 413, 338, 349. 81 413. 349,816.40 412, 002, 782. 99 412, 804, 759. 18 412, 765. 209. H 396, 249. 860. 90 396. 249, 860. 90 393, 711, 968. 38 300, 19R, 6:l8. 63 389. 239, 400. 32 394, 167,670. OI 393, 027, 718. % 388, 432, 0.5-1. 98 350, 840, 839. 95 350, 2fl8, .'\51. 48 340, 260, 577. 40 353, 786, 727. 42 345, 157, 448. 44 345. 977. 828. 44 345,977,828.44 345, 499, 722. 44 345, 3'73, 222. 44 340,367,222.44 340, 367,222.44 340, 367, 222. H REPORT OF RECONSTRUCTION FINANCE CORPORATION 53 6.-Amount of authorizations, disbursements, repayments, and amounts outstanding from Feb. 2, 1932, to Mar. 31, 1937, inclusive, by classes and months 1Continued TABLE PBOCBSSOBS, OB DISTRIBUTORS SUBIECT TO PROCESSING TAXES [Under sec. 5 or the Reconstruction Finance Corporation Act, as amended] Amount author• ized • Year and month Amount dis• bursed Amount repaid Amount out• standing at end or period $13,250.38 $7,333.69 1,467.68 December•.........•.................................•............. 900. 00 300. 00 267. 68 567. 68 267. 68 Total. •..........•.•..............................•........... 1, 467. 68 1933 ••.. _.•.••.. -· ..••.••••••••. l!J;l4 •••••••••••••••••••••••••••. $21,733.69 4,355.58 $7,333.69 7,384, 37 1935 J BllUBfT •••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• NovemOOr _______________________________________ ------------------ Grand tot..!. ............ . 26,089.27 14,718.06 --1------- 14,718.06 STATE FUNDS CREATED FOB THE PURPOSE OF INSURING REPAYMENT OF DEPOSITS OF PUBLIC MONEYS [Under sec. 5 or the Reconstruction Finance Corporation Act, as amended] 1933..•.. ··••·•••••••··. ··•·•· .. 1934..••.•...•.....•...•....••.. 1935 $5, 887, 715. 88 2, 500, 000. 00 $5,887, 715. 88 2, 500, 000. 00 $74,750.14 7,834,388. 79 $5,812,965. 74 478,576.95 January ...................•.... . :...... .... ...... ...............••. ~lay •.••.•..••• ····•··········· 478,576.95 ......•....•..••.• 2,400,000.00 ••••.................••.............................•. 2,376,915.30 260,159.51 2,116,755.79 .••.•.......•....• .•.•••.•.•••...... 510,994.28 1,605,761.51 ---····-·--··•··-·.................. 95,974.07 1,509,787.44 ....•...... ....... ..•.•.........•.•. 102,813.46 1,406, 9i3. 98 .......•.....•.... ..•.•......... .•.. 359,776.61 1,047,197.37 .................. ......•.....•.•.•. 37,465.50 1,009, 731. 87 ....••............ ........... ....... 336,355.40 673,376.47 June........................... .....•............ July............................ August ..............•......•... September..................... October........................ !\ovember •• ••..••.•........... December...................... Total. .•.•.•..••.••...•... 2, 400, 000. 00 2, 376, 915. 30 2, 182, ll5. 78 673,376.47 419,773.21 156,528.25 45,335.24 332,051.79 151,040.26 59,318.34 381,653.67 131,760.63 67,539.09 1, 228, 375. 99 253,603.26 2, 397,075. 01 2,351, 739. 77 2, 019, 687. 98 1,868, 647, 72 1,809,329.38 1,427,675. 71 1, 295, 915. 08 1, 228, 375. 99 1936, January........................ 2,300,000.00 ..••••....••.•.... February...................... ..•••.•••....•.... 2,300,000.00 March .....••.•...•..•....•.....•....••.••••........ •· •····· •······ April ........•.•.•..•......•••...•.••..•......•.........•.....•..... J\.fay •••••••••••••••••••••••••••••••••••••••••••••• ••••••• •••••••••• June ....•••••••••••••••••••••••.••...•.••.•.•.•.•.....•............ July··•··· .•.•.•.•.•••••••.•..•...•.•.•...••••.•......•......•...... Augmt .....••.•..•••••••••.•...•...•.••••.••••...•.......•.•.•..••. September ..•••••.•••.••.............••.•.•••.•.............•..•... October ...•••••••.•••••..••.•.....•.. •······· •··· ·· ····•· ··· · · ·•• •· Total.................... 2,300,000.00 2,300,000.00 Grand total.............. 2,973,376.47 1=====1=====1°=====1===== 13, 087, 715. 88 13; 064, 631. 18 13,064, 631. 18 BORROWERS ENGAGED IN THK FISHING INDUSTRY [Under see. 5 or the Reconstruction Finance Corporation Act, as amended] 1934 ••••.••••••••••••••••••••••• 1935 January........................ hbruary.. ••.•.••.•.......•... March......................... April........................... June........................... •nun•t......................... September..................... October........................ !\ovember .• ••.••..•.•..•••••.. December...................... Total. ••••••.••.•••.• ..•• $25,000.00 $25,000.00 7,500.00 17,500.00 .•••.•..•••..•.••• 11,000.00 10,000.00 .•.•........•.•... 14,000.00 ..••••••••.....•.. ••••.•...•......•. 3,000.00 23,000.00 .•••••.••....•.... 500,000.00 3,000.00 .•.•••••..••..••.. 16,400.00 20, 000. 00 16, 000. 00 $2, 500. 00 2,000.00 .....••..•...••..• ••.•........•....• 7,500.00 .••••.•......•.... ...•.•.•....•••.•. 8,000.00 480,369. 77 ...•..........•••. 42,500.00 52,500.00 52,500.00 75,500.00 78,500.00 78,500.00 92, 000. 00 92,000.00 92,000.00 572,309. 77 589, 400. 00 572, 369. 77 $119, 500. 00 1=======1======1°======1====== 1-------1·------1-------+-----549, 869. 77 2, 500, 00 l====-=l,=====-1,=====I====== See footnotes at end or table. Digitized by Google 51 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repaymenl1t, and amounts out• standing from Feb. 2, 19;32, to Mar. 31, 1937, inclusive, by classe1t and months 1Continued TABLE BORROWERS ENGAGED IN THI!! FISHING INDUSTRY-Continued Year and month Amount author• ized • Amount dis• bursed Amount repaid Amount out• standing at end ol period 1936 January.......................................... $5, i50.00 ..•.••••.•........ February...................... .••...........•... 18,500.00 $6, 83.3. 32 April......... . . . . • . • . . . . • . . . . . . . . . . . . . . . . . . . . . . . . . . • • • . . . . . . . . . . . . . 250. 00 May........................... $25, 000. 00 13, 880. 23 500. 00 June........................... 2,000.00 ..•............... 80.00 July............................ ..•.•............. 20,000.00 761.11 AUJ!USt. ....•••••••••••• •· •. •. •• 2, liOO. 00 1,200.00 ·······••· ... . . . . . September..................... .................. 1,200.00 •.••••••......••.. November ............• ___ .. _.. . . .. . .. . .. .. .. .. • . 8, 000. 00 78, 488. 88 December........... . . • • . • . • • . . . . . . . . . . . . . . . . . . . . . . . . • • . . . . . . . . . . . . • 5, 9/iO. 00 Total. ...•..•....•.•.••.. 28,200.00 67,330.23 $578, 119. 77 589,786.45 589,636.45 602,916.68 602,836.68 622, 075. 57 619,575.57 620,775.57 550,286.69 544,336.69 95,363.31 54-1, 336.69 13, 500. 00 3, 000. 00 2, 000. 00 532, 836. 69 529, 836. 69 637, 711. 69 1937 January........................ 55,000.00 2,000.00 February .•........•.........•.•.••••...............•.............. March......................... .................. 9,875.00 I 1 18,500.00 Total, first quarter....... 5.5, 000. 00 II, 8i5. 00 537,711.69 Grand total .•••••••..••.• 1===79=2=,l=OO=_=oo=l!===654=,0=7=5.=00=l==,=1=1=6=,363=._=3=1•1====53=-=,,=7""11=.=69 TOTAL, SEC .. 5c OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED [Subscriptions for stock or mortgage loan companies) 1935 March......................... $10,000,000.00 ..•..........•.•..•••••••••••••••••.•••••••••..•...••• April.......................... . . • . • . . • • • . . . . • • • • • $10, 000, 000. 00 • • • • • • • • • • • • • • • • .. $10, 000. 000. 00 July................ . • • • . • . • • • • . . . . • . . . . . . . . . . . . . . . • . . . • • • . • . • . . . . . . . • . . • . . • • • . • • • . • . . 10, 000, 000. 00 Total.................... 10, 000, 000. 00 10, 000, 000. 00 . . • . . . . . • . . . • • •• .• 10,000,000. 00 10, 500,000.00 1, 250, 000. 00 10, 000, 000. 00 20, 000, 000. 00 20, 000, 000. 00 1936 July ...........•.•...•..••...•.. August .....•..•••••...•••.•.••• Total. .•.•.....•••..•.•.. 1937 March......................... Total, first quarter....... Grand total.............. 10, 000, 000. 00 -----------------20, 000, 000. 00 11, 7/iO, 000. 00 l=====l=====F=====I====== 5, 000, 000. 00 5, 000, 000. 00 (') 25, 000, 000. 00 5, 000, 000. 00 5, 000, 000. 00 (1) 25,000,000.00 1-------1-------1--------1------- 1======1======r-======1====== 26, 750, 000. 00 25, 000, 000. 00 (') 25,000,000.00 TOTAL, SEC. 5d OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED [Direct loans to Industrial or commercial business, Including participations] $28, 542, 535. 00 $6, 742, 780. 11 $116,678, 79 $6, 626, 101. 32 January .•••..........•.••••.••• February •.....••....••.••...•. March ......•........•......... April.. ••....•.•..........•...•. May •.•.•.•..•....•.•..•.•..... June ••••.....•................. July ••••••..........•........... August .......••.•...•.......... September ....•..•..•........•. October....•••••...•.....•.•.•• November .••••..•••.•••••.•.•. December..••.•.••••••••••.•••• 4,831, 5/iO. 00 4, 121, 100. 00 5, 719, 771. 93 6, 987, 915. 00 4, 100, 100. 00 10, 979, 033. 33 6, 996, 830. 00 10,916,766.66 5,638,150.00 4, 213, 108. 33 4,061,784.00 4, 389, 095. 11 1,907,767.64 2,217,094. 26 2, H9, 499. 91 2,042, 758. 77 3, 238, 520. 55 4, 235, 210. 82 4,410, 73_7. 99 3, 777, 486. 28 3,038,710.62 2, 586, 585. 32 3, 032, 284. 87 3, 040, 578. 69 21,117, 59 82,601, 59 58,401.65 213,981.59 212,778.00 167,061.13 239,375.17 193,000.52 230,572.19 273,263.55 320,132.29 465,582.00 8,512,751.37 10,647,244.04 12,738,342.30 14, 567, 119. 48 17,592,862.03 21,661,011.72 25, 832, 374. /'4 29,416,860.30 32, 224, 998. 73 34, 538, 320. /iO 37,250,473.08 39,825,469. 77 Total. •••••.••••••.•••••• 73, 045, 204. 36 35, 677, 235. 72 2,477,867. '%7 39, 825, 469. 77 1934 ...••..••.•••••••••••••••••. 1935 See footnotes at end or table. Digitized by Google REPORT OF RECONS'.rRUCTION FINANCE CORPORATION 55 6.-Amount of authorizations, disbursements, repayments, and amounts outatanding from Feb. 2, 1932, to Mar. 31, 1937, inclusive, by classes and months 1Continued TABLE TOTAL, SEC. 6d OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED-Continued Amount author• I.zed. Year and month 1936 Ianuary.••..•••.••••••••••••••• February ......•....•••...••••• March •••.•.•••••...•••.•.••••• April•••.•••.•.•.•.••••••••••••• May .••.•••••••••••••...••••••• June .•••• ·······-···- -- •••••••• July __________________ ----·----· August ___ .. _______ ._ ..• ___ -·· .• September.------········-····· Octow... - ••••••. -----···. ---· November •• -·······--- ___ ·-·-December__ .-·-·-----·--- __ -··. Total. ••••••••••_•••••••• 1937 I Amount dis• bursed Amount repaid Amount out• st.anding at end of period $4, 704, 350. 00 $4, 211, 959. 39 4, 402, 622. 20 3, 150, 210. 69 3, 086, 798. 11 I 2, 746, 600. 00 4, 180, 382. 55 4, 791, 639. 97 5, 743, 709. 02 I 1, 934,860.42 13,451,682.14 1, 129,525.00 I 3, 486, 569. 23 3,118,581.91 2, 672, 841. 82 2, 315, 636. 46 1,464, 704. 60 2, 367, 413. 12 3,014, 622. 10 1,930,593.24 2, 159, 599. 10 4, 279, 286. 66 1, 681, 248. 38 3,077,066. 75 $403,929.48 443,162.47 772,955.21 413,246. 75 850, 88,5. 02 581,149.83 584,498.25 837,442.52 613,876, 16 981,627.80 1, 099, 980. 61 I 1, 173, 068. 80 $43, 633, 499. 68 46,308,919.12 48, 208, 805. 73 50. 111,195.44 50. 725, 015. 02 52, 511,278. 31 54. 941. 402. 16 56, 034, 552. 88 57,580,275.82 60, 877, 934. 68 61, 459, 202. 45 63, 363, 200. 40 42, SOS. 949. 33 32, 293, 553. 53 8, 755, 822. 90 63, 363, 200. 40 3, 574, 182. 94 2, Ill, 681. 21 2, 148, 978. 78 1,032, 81~. 08 1, 764, 903. 18 1, 081, 332. 00 1, 443, 228. 13 1,151,487.31 1, 154,046. 57 62, 952, 786. 35 63, 566, 202. 22 63, 493, 487. 65 ]Rnl18ry···- --·-----····--·-·--. February._-·----·--···-···-·-MRreh .. ···-·············--·-·Total, first quarter .•••••. 7, 834, 842. 93 3, 879, 049. 26 Grand total_··-··-··_·-·· 152, 231, 531. 62 78,592,618.62 I I I I 3, 748, 762. 01 63, 493, 487. 65 15, 000, 130. 97 63, 493/487. 65 LoANS TO lNDUSTBIAL OB COM:M:EBCU.L BUSINESS [Under sec. 15d of the Reconstmction Finance Corporation Act, as amended] $25,477,350. 00 $6, 315, 280. 11 $116, 678. 79 $6, 198, 601. 32 June.········-·-----···· __ . __ •. Julf---···-·-·------··-···-. ____ Augnst_··-----·······--······-September.·---·····-·---- - •• -October.--·-······-·- __ ··-.·-. November_·····----- _____ •. __ • December..... _________________ 3, 383, 100. 00 3, 570, 600. 00 5, 146, 471. 93 6, 144, 915. 00 3, 306, 600. 00 10, 391, 100. 00 6, 232, 980. 00 10, 203. 500. 00 5, 236, 800. 00 3, 550, 275. 00 3, 323, 284. 00 3, 708, 095. 11 1, 571, 634. 31 2, 063, 844. 26 1, 666, 500. 38 1,801,258.77 2, 934, 520. 55 3,895, 744.15 4,015, 443. 83 3, 439, 670. 76 2, 934, 408. 66 2, 280, 772. 82 2,738,384.87 2, 873, 828. 69 21,117.59 82,521.59 51,571.65 168,151.59 212,698.00 166,378.64 235,675.36 185,635.64 216,860.00 222,825.31 303,386.41 445, 775.10 7,749,118.04 9, 730, 440. 71 11, 34,5, 369. 44 12, 978, 476. C2 15, 700, 299. 17 19, 429, 664. 68 23, 209, 433. 15 26, 463, 468. 27 29,181,016.93 31,238,964.44 33, 673, 962. 90 36, 102, 016. 49 Total __ •• ·-······-··-···_ 64, 177, 721. 04 32, 216, 012. 05 2,312, 596. 88 36, 102, 016. 49 1anwiry•• _•• --····-·-· •••••••.• February ___ .·-··--~----·--_.-· March_-·-······-·----------· .• A priL-----····-·---···- •••• -- ·May.-·-·········-·-·······-··June.·-··-·····--···-·····-·-·July __ ··-······--·-··-- ••••••• __ AUl!USt--.-···-······-·-··-· -··September •• ---··------·--··- __ Oetoher. ___ .• ··-··--· ____ -- .••• November •• ___________ ··---· •. December_ •• _-------·- ••••• ___ • I 4, 350, 300. 00 3, 1561. 129. 70 2, 332, 710. 69 2, 478, 398. 11 I 2, 418, 600. 00 3,093,313. 81 3,456,479.97 5, 459, 459. 02 1, 754, 860. 42 I 2, 799, 182. J4 1, 049, 025. 00 3, 422, 569. 23 3, 988, 339. 71 2, 655, 987. 11 2, 455, 134. 15 2, 030, 136. 46 1, 342, 204. 60 2, 260, 913. 12 2,942,597.10 1, 857, 919. 94 1, 949, 130. 67 3, 628, 323. 99 1, 537, 288. 38 2,980, 141. 75 I 385, 238. 64 392, 1311. 75 542,954.56 332,147.91 803,461.09 502,213.45 488,439.50 807,870.67 527,531.17 603,877.85 066, 553. 85 I 1, 066, 263. 99 39, 705, ll7. 56 41, 968, 964. 92 43, 881, 144. 51 45, 579, 133. 06 46, 117, 876. 57 47,876,576.24 50, 330, 733. 84 51, 380, 783. 11 52. 802, 382. 61 55,826,828. 75 56, 397, 563. 28 58,311,441.04 Total. __ ····- __ •••••••• __ 36, 166, 028. 09 29, 628, ll6. 98 7, 418, 692. 43 58,311,441. 04 2, 973, 932. 94 1, 880, 281. 21 ), 807,645.45 986,083.31 1, 545, 280. 11 924,685,85 1, 394, 336. 45 1, 097, 178. 48 I 939, 589. 91 57,903,187.90 58, 351, 289. 53 58, 336, 385. 47 1004•••••••••••••• -·----···-···· 1935 January_·-····-·-·--··-·--···-· il~c':iary _-···----·······-·--- tl':t·::::::::::::::::::::::::: 1936 1937 January------·-·-·--···· •••• ___ Fehruary .•• ·-····---·--······· March .• ·······--··-·--········ Total, first ql18rter _•••••• 6, 661, 859. 60 3, 456, 049. 27 I 3, 431, 104. 84 58, 336, 385. 47 Grand total ••• _•••••••••• 132, 482, 958. 73 71, 615, 458. 41 I 13, 279, 072. 94 58, 336, 385. 47 See footnotes at end of table. Digitized by Google 56 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repayments, and amounts outstanding from Feb. 2, 1932, to Mar. 31, 1937, inclusive, by classes and months 1Continued TABLE Pl'RCHASES OF PARTICIPATIONS IN LOANS TO INDUSTRIAL OR COHHRRCIAL Busn,RBS [l:nder sec. 5d of the Reconstruction Finance Corporation Act, as amended) Year and month Amount author• ized 2 Amount dis• bursed Amount repaid Amount out• standing at end of period ------------------ $427, 500. 00 336,133.33 153,250.00 ·•······· $80. 00 482,999.53 ~. 830.00 45,830.00 241,500.00 80.00 304,000.00 682. 49 318, 266. 67 2,099.81 394,894.16 329,816.52 7,364.88 11,712.19 104,301.96 50,438.24 305,812.50 293,900.00 16,745.88 19,806.90 166,750.00 763,633.33 916,803.33 1, 392, 972. 86 1, 588, 642. 86 1, 892, 562. 86 2, 210, 147. ot 2. 602,941.39 2, 925, 392. 03 3,017,981.80 3, 273, 356. 06 3,550,510. lS 3,697,453.28 3, 431. 623. 67 161,670.39 3,697,453.28 230. 050. 00 740. 292. 50 482, 500. 00 432,400.00 78. 000. 00 297,000.00 1,135.960. 00 96,250.00 • 100, 000. 00 3 217, 500. 00 8,000.00 364,000.00 223,619.68 462,594.80 217,707.67 285,500.00 122,500.00 106,500.00 72,025.00 72,673, 30 210,468.43 6.iO, 962. 67 14'.J, 960. 00 96,925.00 18. 600. 84 61,022.72 229,600.65 81,098.84 47,423.93 78,530.38 96, O/i8. 75 29,246.58 86,267.28 376,952.93 133,349.05 I 106,804.81 3,902,382.12 4,313, 954.-20 4, 302, 061. 22 4, 506, 462. 38 4, 581, 538. 45 4, II09, 502. 07 4, 585, 468. 32 4, 628, 895. 04 4,753,096.19 5,027,105.93 5,037,716.88 5,027,837. 07 Total. ••...•....•...•.... 3. 881,952. 50 2, 665, 436. 55 1, 335, 052. 76 5,027,837.07 1937 January ___ . ________________ . ___ February ...................... March ......... ·····-··•· .. •··• 431,500.00 95, 5()(). 00 2S9, 333. 33 46, i30. 77 219,623.07 153,846.15 48.491.68 54,166.23 ' 212, 213. 42 5, 026, 076. 16 5, 191, 533. 00 5, 133, 165. 73 1934 .......•••............•..•.. $1,941,460.00 1935 January .....•.....•............ February .....•............•... Marcb ...•..•.........•...•.... April.. ...............•....•.... May .•......•.................. June .........•................. July .....................•...... August. .............•.......... September •...•.•...•....•..•.. October ........•............... November ..........•.•...•.... December ••.•..••••......•..... 886,500.00 235,500.00 32S, 800. 00 735,500.00 615,500.00 217,100.00 663,850.00 536,600.00 401, 3,50. 00 447, 4:l3. 33 418,500.00 681,000.00 Total. ••.••.•.•••••...... 6, 217. 633. 33 1936 January ....•..•.............•.. February ...................... Marcb ......................... April.. ....................•.... May ........................... June .•..•..........•........... July .....•.••................... Auuust ___ ______________________ September •...•................ October ......••.•..••......•... November ..•.............•.•.. December........•............. $427, 500. 00 Total, first quarter •.••... 816,333.33 420,190.99 Grand total. •••.••..•.... 12,857,379. 16 6, 944, 760. 21 1 '314,871.33 5, 133, 165. 73 1,811, 594. 48 ·5, 133, 165. 73 AGREEMENTS TO PURCHASE PARTICIPATIONS IN LOANS TO INDUSTRIAL OR COMHRRCIAL BUSINESS [Under sec. 5d of the Reconstruction Finance Corporation Act, as amended) 1934..•..•.•.....•.•••••••••...• $1,123,725.00 .................. 1........................ • · · · · · · - - · - - 1935 January........................ 581,950.00 ................................................. ____ _ February...................... 315,000.00 .................................... ·············---·March......................... 244,500.00 .................................... ·············---· April........................... 107,500.00 .................................... ··············--·May. . . . . . . . . . . . . . . . . • • . . . . . • . . 268, 000. 00 June........................... 370, 833. 33 21, 200. 00 . . . .. . . . .. . . •• . . .• 21, 00 July........................... 100. 000. 00 400. 00 1,600.00 20,000.00 August......................... 126, 666. 66 8, 000. 00 •• .•••....... ... .. 28, 000. 00 September......................................................... 2,000.00 26,000. oo October........................ 21.5, 460. 00 .................. .................. 2R, 000. oo November..................... 320,000.00 .................. .................. 26,000.00 200: Total.................... 2,649,849.99 1936 January ...................... .. February ••...•................ March •••.•.......•............ April.. ..•.•...•••••............ 124,000.00 lll, 200. 00 335,000.00 176,000.00 29. 600. 00 3,600.00 400.00 See footnotes at end of table. Digitized by Google 26,000. oo 26,000.00 26,000.00 25,600.00 25,600.00 57 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repayments, and amounts outatanding from Feb. 2, 1932, to Mar. 31, 1937, inclusive, by classes and months 1- TABLE Continued !O&HKENTS TO PUIICBASE PARTICIPATIONS IN LOANS TO INDUSTRIAL OR COMMERCIAL BVSJNESS- Continued Amount author• Year and month ized • 1936 May........................... June........................... July........................... August.... ..................... September..................... October.......... .............. November....... . ............. December.. . ................... Total.......... .......... 1937 Amount dis• bursed $250, 000. 00 700,068. 74 ....•••••••....•.• I 99, 200. 00 188, 000. 00 . • ••• • •• ••• •... . . . 80,000. 00 ...••• ••••••••••. . $400. 00 325. 27 77. 71 797. 02 77. 71 1435, 000. 00 . ......•.......... 72,500.00 . ....•••••••.•.... (') Amount out• standing at end ol period Amount repaid .................. . ................. $25, 600. 00 25, 200. 00 25. 200. 00 24, 874. 73 24,797. 02 24, 000. 00 23, 922. 29 23,922. 29 1-------t-------lf-------+------23, 922. 29 2,077. 71 2, 760, 968. 74 -----------------1======1======1=======1====== 23, 522.29 400.00 -----------------142. 60 23, 379. 69 -----------------2,243.24 23, 936. 45 $2,800.00 1--------1-------1-------,------2, 8(1().00 23. 936. 45 • 2,785.84 356,650.00 Total, first quarter... _... January .•.•••••••••••.•••••••. February...................... March......................... Grand total.............. 168, 750.00 135,900.00 52,000.00 I l======l,======l=======I====== 23, 936.45 '8,463.55 32,400.00 6,891, 193. 73 TOTAL, SEC. 5e OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AB AMENDED [Loans on the assets ol closed banks and trust oompanies) 11134.. •.••••• ••••••••...••.•••. • 1935 1anusry.• _______ •••••••••..•••. $131, 116. 87 l======I $22. 500. 00 $139. 25 $22. 360. 75 34, ~.70 77, 910. 60 149,792.20 234, 345. 15 330,447.73 411,214. 89 9, 900, 799. 43 8, 23 1, ,506. 45 7, 71 2. 216. 78 579,021.32 590,860. 82 1, 225, 160. 43 ~t~:::::::::::::::::::::: 79,988. 24 13, 211.53 m: 8~:: June........................... 11, 231, 136. 44 111,000.00 164,430.65 75,135.91 : :mJ; i: 1:J~i: 91, 233. 42 10,468,138. 63 84,471.17 42,367.47 23,500.00 63,605. 08 ~~: i~ Jt 1,365.58 5,251.22 10,505.65 8,119.53 7,159.20 10,466.26 972,554.09 I, 759, 674. 15 561, 747.14 7, 196,800.54 19,603.98 18,357.46 12,100,576.57 ll , 774,404.48 10, 571, 604. 80 I, 225, 160. 43 305,365.56 28. 380. 11 40,298.51 14, 119. 64 27, 0.16. f,1 23,550.36 30,561. G9 40,041.16 41,535.47 62,260.33 16,064.49 31,750.86 23,882.00 3 34,604.18 1. 213, 242. 03 1, rn9, 122. 39 1, 1~7, 570. 53 1, 204, 30-1. 71 I, 439,412.19 1. 462,101.27 1, 430, 295. 99 I, 387,878. 67 1, 371, 814. 18 1, 3fi4. 351.12 I, 340, 469. 12 I, 316,358.68 U.1·:::::::::::::::::::::::::: July········-···· · ·-··········· August.......... . .............. September..................... g~~~ber::::: :::::::::::::::: December...................... Total •••• -..... .......... 1936 lanu~ry........................ l~~~~~Ji t g:: &1 f - - - - - - - - 1 - - - - - - - 1 - - - - - - ·I- - February..... • ••••••• • •..•..•.••.•.....•..... _...••••••• ••• .. . .. .. . March........ . ................ A11ril....................... •••• llay........................... June............. . ............. 26,298.85 23; 750. 00 4,426.14 27,578.98 15,484. 77 40,283. 54 2M, 670. 17 62, 730. 24 1i: m: i~ :::::::::::::::::: ~~~si~~::::::::::::::::::::::: 13,173.07 . ••••••.•..... . ... ptember..................... October... . .................... £ovember .••.•••. ••.••••.•••.. ecember...................... Total ••••••••••••••.•••.• 1937 24, 287. 80 166, 359. i2 71,251.47 •.••••••• . ... . .•.. 10,403. H • 131,590.43 38/i, 705. 32 769,794.22 476,903.57 i======l•====-===l=======I== 1~t il 40,573.66 ~1~·::::::::::::::::::::::1-------1----- 33,065.45 40, 188. H 123,873. 01 1,316,358. 68 I, 283, 2113. 23 I, 283,678.48 1, 259, 805. 47 I, 25Y, 805, 47 40, 573. 66 335, Of'A. 52 '97,126.87 Total, first quarter....... Grand total •••••••••••••• 1==1a=,426=,=4=92=.=18=l•==1=2=,3=1=4,=38=1=.=71 l======I== 1, 259, ROO. 47 I 11,054,576.24 See footnotes at end or table. Digitized by Google 58 REPORT OF RECONSTRUC'flON -FINANCE CORPOitATION 6.-Amount of authorizations, disbursements, repayments, and amounts outstanding from Feb. 2, 1982, to ,War. 31, 1937, inclusive, by classes and months 1Continued TABLE TOTAL, E:IIERGE!'ICY RELIF.1'' AND CONSTRUCTION ACT OF 1932, AS AMENDED Year and month Amount authorized• 1932·--········--··············· 193'. 1 ___________________________ _ $.113, 044, 328. 13 704. 921, 279. 71 453, 2:lV, 87~. 86 19'"-·············-·-············ Amount disbursed 1935 January _________________________________________ _ February ............. ··-·...... 150,000.00 March·-···········-········... I, 751,013.91 ApriL......................... 815,051.31 May·-·-···················.... 7. 000, 000. 00 June .. ·-·········-············. 86, 15:J, 000. 00 Tuly ............................ ····-·-··········· August_________________________ 77,000.00 September .... ······-•········. JOO, 020, 000. 00 October........................ 50, llOO. 00 November...................... 100,075,000.00 Det-ember...................... 1,994,117.18 __ , Amount repaid $97, 144,016. 18 34,5. 029, 713. 17 308, 721, 348. 95 $115, 456. P5 4, 620, f\54 .•,o 273,122,446.31 $97, 028. 5o9. 23 437,437,617.00 473,036, 520.M 11, 320, 844. 02 8,868,557. 15 12, 473, 105. 53 13, 8.17, 388. 69 12,557,881.66 107,693,518.21 97,033,894.59 2.,, 774, 743. 12 22, 996, 380. 34 7, 900, 834. 05 7,440,420. 74 4,810,693. 25 6, 973, 192. 77 6, 189,376.35 3, 864, 503. 08 914,329.61 2,483,034.33 5,641,568. 14 11,412,700.18 1,379, 191. 11 938, 119. 59 3, 251, 455. 64 500,000.41 30,481,058.00 478, 384, 171. 7ll 481, 063, 352. 59 489, 671. 955. Di 502, 595, 014. 12 512, 669,861.45 614,721,811.52 700, 343, 005. 93 724, 738, 557. 94 746,796,818. f9 751,446, 197. 10 758,386,617.43 732. 716,252.08 _______ < - - - - - - - , Total. ............. --···· 1936 332, 708, 261. 35 73, 028, 529. 81 732, 716, 252. OS 1======1======1,======1======= 298,085,182.40 January··-··-·-··.............. 100,000.00 February....................... 505,432.50 March.················-······. 80, fi52. 05 ApriL......................... 900,558.08 May··-·-············-···-····· fi7, 500,000.00 June .......... _.··-·-······-··10, 770, S08. 92 Julv............................ 160,535,000.00 An~ust. .... -•··-·•--··-········ 225,000.00 September ...... ····-····•·•··· 225,000.00 October ....... ·-· ..... ·-··..... 10,085,000.00 November .. ·····-·-···•·····-· 60,000.00 Decembcr ......... -·-·····--··· ····--·-·······-·· Total. .. ····-------······ 2-W. 990,451.55 1937 898,457.17 1, 903, 813. 57 2, 340, 651. 15 19, 845, 863. 80 I 123,493,843.87 ' 33, 701, 157. 72 71,631,795.21 610,972.42 451,175.81 409,865.22 324,510.31 I 2, 993, 383. 56 111,771,941.31 258, 605, 489. 81 41, 576, 836. 28 6, 873, 191. 63 2,176,207.37 March .. ····-·-····-··-·····-·- ······--···-·-·--· 405,000.00 Grand totaJ. __ ·--·-···-·· 2,010,686.120.65 37, ,501, 341. 94 3, 831, 3i2. 88 6, 329, 345. 56 5, 175, 400. 15 11, 446, 590. 95 13,819,950.47 7, :JSO, 161. 71 6, 888, 927. 02 7, 366, 098. 92 6, 850, 964. 55 4, 130, 725. 71 • 4, 051, OM. 45 769,319,136.85 771, 246, 696. 16 775,235,390.57 760, 564, 926. 92 648,517,674.00 628, 636, 466. 75 564, 384, 833. 25 570, 662,787.85 577, 577,710.96 584, 018, 810. ~ 587, 825, 025. 69 588, 882, 706. 58 588, 882, 706. 58 i======f======I======= January·-··•·····--··--···-·--· 405,000.00 February __ • __________________________ ----------Total, first quarter_...... Amount outstanding ~t end oC period J 6f0,627.14 12, 513, 985. 63 49, 350, 460. 14 .629, 798, 916. 72 624, 158. 121. 72 676, 983, 878. 95 50,626,235.28 • 62,525,062.91 576, 983, 878. 95 l,249,001,519.24 • 672,017,640.29 576, 983, 878. 95 I SELF·L!Ql'JDATING PROJECTS (INCLUDING LOANS FOR FINANCING REPAIR 01' D.Ud:AGE BY EARTHQUAKE, FIRE, TORNADO, OR CYCLONE IN 1933) [Under sec. 201 (a), title II, ol the Emergency Relief and Construction Act o( 1933, as amended] 1932·-··············--·---·---·· 1933 .......... ···-···-·-·-·-···· 1934·-·················-····-·-· $145, 775, 53·1. 24 84,988,207.26 2 ,l. 333, 313. 36 1935 January ............ ·-·· .. ·--- .. ···-·--·---·---··· February ... ·······-··-·····-·- ··-··-·····-····-March ............ _. _____ .... _. ·•-·-·--····--·-·ApriL .......... - ..... _.. ____ .. 53,000.00 May.•--············-·······-······-··-·········June._ ................. -.-·-··· 36,000,000.00 July··•·······•········--·-•··-··----·-····-····· August. ........... ·--·----·-··· 7,000.00 September._ .. ·-·---··· ... ··-·. ··-·---·---··--··October .. ·-·-·······-·---·---·· ·-··-·--------·--November ....... ···-·-···-···· ··-····--··-··--·· December...... ·-··--·-··.·---· ··-· ···-·-···-·· .. Total. __ ·-·----------·--· 36, 060, 000. 00 $15, 737, 000. 00 47,866,091.58 67,950,843. 33 $152,175.00 8, 867, 04 I. 57 $15,737,000.00 63,450,916. 58 122,534,718.34 2, 758, 266. II 3, 727, 728. 86 5, 086, 225. 31 2, 228, 000. 00 3, 056, i 50. 00 9, 158, 389. 19 2,935,100.00 6, 345, 955. 52 13, 650, 000. 00 2, 84:J, 262. 50 4,961,758.33 3, 040, 000. 00 00, 755.16 1,327,180.46 555,843.45 94,884.37 13,530.87 14,647.09 878,931.10 169,092.14 79,534.28 2, 836, 802. 14 89,272.40 29, 873, 359. 18 125, 202, 229. 29 127,602,777.611 132, 133, 159. 55 134, 266, 275. 18 137, 309, 494. 31 146,453,336.41 148, 509, 505. 31 164,686, 368. 611 168, 256, 834. 41 168, 263, 294. 77 173, 135, 780. 70 146, 302, 421. 52 59, i91, 435. 82 36, 023, 732. 64 146, 302, 421. 62 See footnotes at end of table. Digitized by Google 59 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repayments, and amounts outatanding from Feb. 2, 1932, to Mar. 31, 1937, inclusive, by classes and months 1Continued TABLE BsLr-LIQUIDATUIG PBOlllCTS (INCLUDING LOANS POB FINANCING RSPAIB or D.UUGII BY EARTHQUAKE ' FIRE, TORNADO, OB CYCLONII IN 1933)-Contlnued Year and month Amount authorlzed • 1936 January-----------------------February______________________ March_-----------------------ApriJ __________________________ May--------------------------June___________________________ July ________ -------------------- __________________ $5,432.50 ________ __________ -----------------57,500,000.00 __________________ ------ ------------ Amount disbursed Amount repaid Amount out• standin!( at end of period $7,463, 9M. 95 $101,506.62 $153,664,869.85 3,029,480.51 1,375, 92.5. 52 155,318,424.84 4,929,626.03 579,927.01 159,668,123.86 4,085,000.00 158,330.99 163,594,792.87 9,027,574.84 86,516.50 172,535,851.21 1,479,000.00 5,540,428.49 168,474,422. 72 5,942,044.44 204,955.17 174,211,511.99 ~ •igust.._____ __________________ __________________ 5,862,402.84 36,802.21 180,037,112.62 September.____________________ __________________ 4,428,000.00 50,399.00 184,414, 712. 72 October .. ---------------------- __________________ 4,710,882.89 68, 02.5.19 189,057,570.42 November.____________________ __________ ________ 3,600,000.00 174,460.36 192,483,110.06 •2,836,578.44 193,246,831.62 December________________________________________ 3,600,300.00 Total ____________________ i--57-,-50-5-,-43_2._50-l--58-'-,-15-8-,-266-.50-1--11"",-2-13-,-856-.40-1--19-3-,24-6-,83-._l._6_2 1937 W't~ry---------------------- :::::::::6•000• 00 : t 5:: I~: ~l * 5: 5: ~: g~ ~ _______ ,_______ ,_______ Total, flrst quarter ______ -1==='='5:=.=cooo=.00=1==13:=,'c5'='46:=.'='89:=6;=.9:=2;= I===·=;18=c6;=,'='44~8.=c1=7 Grand totaJ._____________ 349,667,487.36 263,050,534.15 • 56,443, 2.53. 78 FINANCING EXPORTS 206, 607, 280. 37 206,607,280.37 or AGRICULTURAL SURPLUSES [Under sec. 201 (c), title II, of the Emergency Relief and Construction Act of 1932, as amended] 1933____________________________ 1934 _______ -- ------------------- 1935 $52,880,542.80 490,412.42 $7,142,728.38 13,056,514.59 $247,534.37 4,775,909.17 g: ~: ~ 19,103.32 219,539.62 $6, 895, 194. 01 15, 175, 799. 43 l=====l=====l,=====I====== ltt~-:::::::::::::::::::::: :::::::::::::::::: April...__________________________________________ 9,143.88 _ ,r av. _____________________________________________________________ June. _____________________________________________________________ _ July ..... __________________________________________________________ _ ~•rtember ________________________________________________________ _ December. ________________________ . _-- - -- -- - - -- - . ------ - --- -- ---- - Total _________________________________ ._____ 25,343.69 1936 Msrch ____________________________________________________________ _ April ______ -- -- -- --------------- - -- - -- - - -- -- -- - - -- - - - --- -- - - · ---- --- Total_------------------- ------------------ -----------------Grand total. ____________ _ 20, 224, 586. 66 53, 370, 955. 22 36,139.66 394,766.90 15,091.94 216,436.21 273,104.63 I, 174,182.28 15, 163, 670. 56 14, 953, 356. 30 14, 962, 500. 18 14, 926, 360. 52 14, r.31, 593. 62 14,516,501.68 14, 300, 065. 47 14,026,960.84 14, 026, 960. 84 442,677.06 13, 537, 387. 79 13, 980, 064. 85 13, 584, 283. 78 46,895.99 46,895.99 ' 20, 177, 690. 67 4ff,895. 99 FINANCING or AGRICULTURAL COJ,UIODITIES AND LIVESTOCK [Under sec. 201 (d), title II, of the Emergency Relief and Construction Act or 1932] 19.12 ___ ---------- --------------1<<13____________________________ $54, 67 379, 775, M5, 9?0. 402. 87 11,34 ___________________ --------- 427,416,153.08 $1,439,974.09 70, 002, 936. 30 227, 713, 991. 03 $115, 456. 95 3, 250, 860. 13 258, 238, 171. 57 $1,324,517.14 68, 076, 593. 31 37, 552, 412. 77 l======l======l,=~====I====== 1935 January ________________________________ · _________ 8,562,577.91 ~. 826,005.61 40,288,085.07 4,843,092.57 40,578,846.34 February______________________ 150,000.00 5,133,853.84 ll:irch. ______ __ ___ __ ___ ________ 1, 751, 013. 91 7,377, 6M. 86 3, 081, 620. 01 44, 874, 881. 19 April.._________________________ 762,051.31 11,600,244.81 818,795.24 55,656,330. 76 ll•Y ______ • ____________________ 7,000,000.00 9,501,131.66 2,413,363.80 62,744,098.62 98,535,129.02 5,231,354.15 156,047,873.49 June.__________________________ 50,153,000.00 July---------------------------- __________________ 94,098,794.59 10,518,067.14 239,628,600.94 .~c~ust.._. _____________________ 70,000.00 19,428,787.60 1,143,098. W 257,914,289.57 "'°l•teruber _____________________ 100,020,000.00 9,346,380.34 119, 749. 10 267,140,920.81 v,-1.. t,er ___ _____________________ 50, ooo. oo 5,057,571.55 83,653.50 272,114,838.86 ~ ovemher. .. __________________ 100,075,000.00 2,478,662.41 343, 7?8. 01 274,249,773.26 IJecemb«. _____________________ 1_ _1.c.,_994--'-,_11_7_.1_8_+--l-',..,77_0_,_693_.25_ _~-260~,-=244~.7:-:9_ __-:::27:-:5-:,7=-=60--=-'-=22=1.-::72::, 1 1 Total____________________ 262,025,182.40 272,891,481.84 34,683,672.89 275,760,221. 72 l======l======l,======I====== See footnotes at end of table. Digitized by Google 60 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repayments, and amounts outstanding from Feb. 2, 1932, to Mar. 31, 1937, inclusive, by classes and months'Continued TABLE FINANCING or AGRICULTURAL CoinrnDITIBS AND LIVESTOCK-Continued Amount author• ized • Year and month 1936 January........................ $100,000.00 February...................... 500, 000:00 March......................... 80,652.05 April........................... 003, 558. 08 May ••••••...•.....•.•.•..•••...••.•............. June........................... 10,770,808.92 July ... ··•·····•··•..•.•.•.•.••• 160, 535, 000. 00 August......................... 225,000.00 September..................... 225,000. 00 October........................ 10, 085, 000. 00 November..................... 60,000. 00 December ........•.••.••••.••.•....••..•.••.....• Total. ••.•.• .•••••••••••• Amount out• standing at end or period A.nount dis• bursed Amount repaid $30, 037, 386. 09 801,892.37' 1, 309, 719. 53 I, 090, 400.15 2,419,016.11 12, 340, 950. 47 1,438,117.27 1, 026, 524. 18 2, 938, 098. 92 2, 140, 081. 66 530, 725. 71 I 450, 764. 45 $796, 208. 55 527, 453;05 1, 129, 047. 08 6, 150, 145. 02 t 123,387, 327. 37 t 28, 157, 969. 23 71, 426, 840. 04 383,670.21 172,275.91 105,840.03 48,049.95 182,805.12 $305, 001, 400.16 305, '275; 839. 48 305, 546, 511. ll3 300, 486, 767. 06 179,518,455.80 163, 701,437.04 93, 712, 714. '11 ll4, 355, 568. 24 97, 121, 391. 25 09, 155, 632. 88 09, 638, 308. 64 100, 006, 267. 97 232,367,631.56 100, 006, 267. 97 ,-•------1--------56,613,677.81 183,485,019.05 l=~===l=====I,=== 1937 January........................ 400,000.00 February ••••.•.....•••••.........•....••••.•.•.. March .•.••••••....•...••.•••...........•.•...•.. Total, first quarter .••.•.. 400,000.00 36, 392, 836. 28 347. 294. 71 339,207.37 I 336,124.69 12, 487, 970. 63 43, 160, 019. 42 136, 062, 979. 56 123, 922, 303. 64 81, 101,491.59 37, 079, 338. 36 I 55,984, 114. 74 81, 101,491.59 l======f======l,======I======= 81, 101,491.59 Grand total. ..•••••.•.... • 1,307,647,678.07 1 665,741,399.43 • • 584,639.907 .84 AMOUNTS MADE A VAILABJ.E FOB REUEF AND WORK REUEF [Under sec. 1, title I, or the Emergency R~lier and Construction Act or 1932, as amended) 1932............................ $112,492,873.22 $79,967,042.09 .••••.....•..•••.. 1933. ..• •••. .. ..... •. .... .. .. .. • 187, 507, 126. 78 220, 017, 956. 91 $970, 085. 00 1934............................ . . ........ .....•.. . •..•...... .. . ... • 1,241,324.00 $79,007,042.09 299,014,914.00 297, 773, 590. 00 1935 January•....•......••••••.•.•.......•...•......•..••..••.••..••••.. March ...........•.••••••.••••..........•....•..•..••.•••••.•.••••. April._ .....•...•.....•.....•.....•.................•••....•••••... May ....................•...•.....•...••••....•••....••.•••...•.•.. June •••.•.........•.•......•..........•••...........•.•••..•••.•••• July ...•.•......•...•..............••.••.••..........•..•.....•.••.• August ....•.....•.•.........•.•.•.•..•..•.•..............•...•.•.•• September •...........•..............•.................•........•.. October .••••..••...•....•..•....••••..•..................•.......•. November ••...•..•..••.•.•.....•..•..•.•........................•. December ••.•••.•.....•.•.•.•...•••........•.....................•. 900.00 610.00 67,000.00 522,400.00 331,000.00 67,000.00 74,350.00 297,718,058.00 297. 710,558.00 297, 700, 008. 00 297, 689, 008. 00 297,689,008.00 297, 688, 398. 00 297, 621, 398. 00 297, 098, 998. 00 296, 767, 998. 00 296, 700, 998. 00 296, 626, 648. 00 Total ••••••••...•.•.•..•............•....................•... 1, 146, 942. 00 296, 626, 648. 00 January ...•.•...•...•.•.•.•.•...•...•.•..•••.•.•.•.....•.••••••••.. February •....•..••...••....•....•...•...•••...•...•.•••.••.•..•..• March .••.•••••••••.••.••••.•....•.•...•.••..•.••....•.•.•...•.•.•• May ..•.....•••.•.....•.•.....•....•.•.•••.•..............•••.••••. June ....•.•...•••..•..•••...••..•..•.•••.•.•..•••..•.•••.•.•..•••.. August. .•.•..••....••.........•..........•...•.•.....•.•.•......•.. September .•.••..••.••••....•.•..•.•...••......•....••.••.....••.. October ......•.••...•..............•...•.......•...•.•••........... November •••••.•....••.•••........•.•.•••..••.•...•.•••••••.•..••. December.•••..••..••..•••.••..........•••............•••.•.••••... 742. 00 435.00 189,000;00 20,000.00 2,760.00 190,500.00 228,500.00 236,000.00 102,000.00 174,000.00 296, 625, 906. 00 Total. •••••••.•.•.....•.•......•........... •················· 1, 043, 937. 00 295, 582, 711. 00 I 228,500.00 6, 126, 000. 00 295, 3M, 211. 00 289, 228,211.00 I 6, 354, 500. 00 289, 228, '211. 00 10, 756, 788. 00 289, 228, 211. 00 55,532.00 7,500.00 650.00 20,000.00 , 1936 296,625,471.00 296,436,471.00 296, 416,471.00 296, 413, 711. 00 296, 2'23, 211. 00 295, 994, 711. 00 295, 758, 711. 00 295, 656, 711. 00 295, 582, 711. 00 , , 1937 January••••......•...•••••................•...•...•..•..........•.. March .•••..........•..•........................................... Total, first quarter ••••....................•...........•...... Grand total.............. 300, 000, 000. 00 209, 984, 909. 00 I See footnotes at end or table. Digitized by Google ~ REPORT OF RECONSTRUCTION FINANCE CORPORATION 61 6.-Amount of authorizations, disbursements, repayments, and amounts outstand-ing from Feb. 2, 1932, to Mar. 31, 1937, inclusive, by classes and months 1Continued TABLE TOTAL, ACT APPROVED MAR. 9, 1933, AS AMENDED [Loans on and subscriptions tor preferred stock, and purchases of capital notes or debentures, of banks and trust companies] Amount author• ized 2 Year and month Amount dis• bursed Amount repaid Amount out• standiDg at end of period $264,346,216.67 673, 6.57, 834. 23 $145,975. 00 73,873,817. il0 $26-l, 200,241. 67 Sli{, 984, 258. 60 15,054, 300. 00 2, 536, 250. 00 3, 077, 500. 00 1, 673, 400. 00 5, 269, 650. 00 5, 893, 600. 00 7,313, r,oo. oo 3, 985, 700. 00 I 16,322,000.00 1, 587, 500. 00 5, 746, 000. 00 13, 751, 864. 00 15, 460, 560. 00 27, 135, 72.5. 00 9, 155, 660. 00 4,831,000.00 5,525,975.00 6, 782, 063. 33 3, 027, 500. 00 6, 13fi, 150. 00 9,412,375.00 4, 938, 380. 00 2, 828, 500. 00 7, 130, 400. 00 5,465, 754. r,9 5, 211, 054. 83 2, 225, 100. 43 7, 648, 9,56. 50 3, 439, 690. 27 4,218,296.79 6, 563, 589. 35 5, .551, Tl4. 93 7,696,276.26 2,406, 767. 78 2, 340, 578. l 8 17,169,914.93 873, 979, 063. 91 895, 903, 734. 08 902, 8il4, 293. 65 900, 016, 337. 15 902, l 02, 621. 88 904, 666, 388. 42 901, 730, 299. 07 902,313,714.14 904,029,812.88 906, 561, 425. 10 907,049,346.92 897,015,831.99 a 82, 211, 204. 00 102, 969, 288. 33 69, 937, 714. 94 897,015,831.99 January....•••••••••.•••••••... February ••••••••••••••••••••.• March ••.••••.•••••••••.•.••.•• Apr'! ..••••••••••.••.••• ·•••••· \fay··························· June .•.•••.••••••.•..•.•••••••. July ....••.••••.•.•.•...•••..•. Augu!!t ..•.••••.......•••..••.• September ••••••••.••••.••••••. October .•••.••••••••....•••.••• X ovember .••••••..•.•...•••... December••••••••••••...•.•••.. 661,250.00 I, 055, 000. 00 1, 682, 500. 00 85,000.00 2,367, 500. 00 932,450.00 25,000.00 10,000.00 56,000.00 60,000.00 425,000.00 1,430,000.00 12, 748,114.00 1, 179, 200. 00 1, 867, 400. 00 7, 109, 000. 00 .560,000.00 1, 578, 950. 00 502,600.00 3, 025, 000. 00 2, 0:12, 500. 00 1,010,000.00 75,000.00 606,000.00 6, 078, 905. 27 18, 228, 664. 57 12,170,087.42 7,400,914.95 a 5, 406, 472. 58 3 53, 774, 430. 94 3 99, 260, 633. 87 • rn, 100,510.19 3 5, 807, 409. 81 38,892,765.91 3 7, 169,660.65 '32,393, 751. ll 904, 685, 040. 72 887,635,576.15 877, 326, 888. 73 877, 034, 973. 78 872,188, 501. 20 819, 993. 020. 26 721,234,986.39 705,159,476. 20 701, 384, 566. 39 693, 501, 800. 48 686,407, 139. 83 654, 619, 388. 72 Total ••.•••••••••••••.•.. 8, 789, 700. 00 32, 293, 764. 00 274,690,207, 27 654,619,388. 72 January••••••.••••••••.•••••••• February .••••••••..•.••••••••. March •••.•••.•••••.•.••.•••••• 190,000.00 870,000.00 25, 037, 500. 00 360,000.00 640,000.00 1, 035, 000. 00 13, 887, 496. 53 9, 552, 002. 94 • 3, 692, 363. 03 641,091,892.19 632, 178, 899. 25 629, 521, 536. 22 Total, first quarter•••••.. 26, 01!7, 500. 00 2, 03fi, 000. 00 27, 132, 852. 50 629, 521, 536. 22 Grand total. •••.•....•... 1, 270, 565, 389. 00 1, 075, 302, 103. 23 • 445, 780, 567. 01 629, 521, 536. 22 193-3•••••••••••••••••••••••••••• $496, 556, 000. 00 1934•••••••••••••••••••••••••••• I 3 656, 910, 925. 00 1935 January .••••••...••...•••••••• February .•••.•..•.••..••..••.• March •••••..••...•.•..•••••••• April .••••••..•••••..•.••••••.. May ........................... June .•••••••••••....•.•.•..•... July ...•.••••••....••.•••.•.... August. .••••••.............•••. September ••.....•...••....••... October •.••••.•.•....•....••.•. November •••••.....•.•••...•.. December·········-··········· Total .................... 1936 - 1937 6 LOANS ON PRBFBIIRED STOCK OF BANKS AND TRUPT O0!4PANIBS [Under the act approved Mar. 9, 1933, as amended) 1933............................ 1934............................ $10,689.500. 00 11,524,855.00 $7, 848, 100. 00 7, 823, 525. 00 $58,675.00 1,478,513.37 $7, 789, 425. 00 14, 134, 436. 63 l======l======l=======I====== 1935 January........................ 296, 300. 00 February...................... 156,750.00 March......................... 73,500. 00 ,. priL........ ••.••••..••••••••. 41, 900. 00 May........................... 124,650.00 June. • • • • • • • • •• . • •• • • . • • • • • . • •• 12, 600. 00 Jnly ...•••••••••••••••.•••••.••• 107,000.00 Au~ust......................... 40,700.00 September..................... 67,000.00 October........................ 55,000.00 Xovember •••••••••.••••....•.•.••••••••••.•••••• December••••••..•••• •········· ·•·••••• ••••·•·•·· Total ...•................ 975,400.00 170,350.00 15,000.00 13,500.00 25,000.00 74,500.00 62,256.50 403,340.27 28,106.00 113,696.43 304,107.36 59,953.37 132,321.52 199,078.18 87,254.93 14, 492, 498. 01 14, 676, 288. 18 16,307,537. 76 15,307,281.26 15, l 63, 940. 98 15, 296, 834. 98 15, 183, 138. 56 15, 049, 381. 19 15,004,427.82 14, 885, 606. 30 14,711,528.12 14, 698, 773. I II 2, 277, 905. 00 1, 713, 568. 44 14,698, 773. 19 511,130.00 328,025.00 657,400.00 62,000.00 260,000.00 161,000.00 153,068.62 144,234.83 26,150.43 Bee footnotes at end of table. Digitized by Google 62 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repayments, and amounts outstanding from Feb. 2, 1932, to Mar. SJ, 1937, inclusive, by claases and months'Continued TABLE LOANS ON PREFERRED STOCK OF BANKS AND TRUST CO:llPANIRs-Contlnued Year and month Amount Ruthor• ized 2 Amount dis• bursed Amount repaid Amount out• standing at end of period 1936 January........................ .....•.....•...... $40,000.00 February...................... .•.•.............. 5,200.00 March......................... $85,000.00 75,000.00 April.. ....................••....•.•.•.....•.......•..............•. May........................... .......•.•........ 55,000.00 June............................................. 24,000.00 July .....•..............•.........•..•••...............•••.......... Au~ust. ....•.........•.•............•••.•..•..•...............•.... September ..........................•..•..•........................ October.............................•••.•.................•........ November _____________________ -----------------------------------December.........•...•...•.•...............•...................... $112, 473. 20 332,696.64 128,408.70 243,694.95 32,272.58 105,520.94 56.900. 28 218,798.94 83,838.15 112,815.71 37,900.78 •U,026.98 $14,626,299.99 H, 298, 803. 45 14,245, 394. 76 14,001,699.80 14, 024, 427. 2"2 13, 942, 906. 28 13, 885,997.00 13,667,198.06 13, 583, 359. 91 13,470. 544. 20 13, 432, 643. 42 13,358,617. « 199,200.00 1,539,355. 75 13. 358,617. « JanuRry .•..........•••••.•...................•..........•••••..••. February...................... JOO, 000. 00 .........•........ March ....................•........................................ 393,972.11 308,193.92 133,340,53 12, 964, 645. 33 12,656,451.U 12, 623, 110. 88 Total ••.......••••••..•.. 85,000.00 1937 Total, first quarter....... Grand total.............. I 735, 506. 56 100. 000. 00 12, 623, 110. 88 =======1°======!=======1== 23,374,755.00 18, 148, 730. 00 I 5, 525, 619. 12 12, 623, 110. 88 SUBSCRIPTIONS FOR PRRl'RBRED STOCK or BANKS AND TRUST COllPANIBS [Under the act approved Mar. 9, 1933, as amended) 1933............................ 1934 ....................••...... $262,881,400.00 450,862,170.00 $140,353,916.67 457,477,500.23 $87,300.00 7, 030, 342. 50 $140, 26/l, 616. 67 5GO, 713, 783. 40 I 2, 926, 500. 00 2, 236, 000. 00 I, 602, 000. 00 l, 403, 500. 00 5, 065, 000. 00 5, 462, 500. 00 6, 027. 500. 00 3,114,000.00 10, l 00, 000. 00 I, 220, 000. 00 5, 676, 000. 00 13,746,864, 00 13, 944, 430. 00 24, 207, 700. 00 7. 823,260.00 4, 696, 500. 00 4, 150, 975. 00 6, 226, 063. 33 2, 155, 000. 00 5, 597, 300. 00 2, 986, 375. 00 4,515,880.00 2, 528, 500. 00 7,006, 900. 00 835,447.50 l, 235,320.00 911,450.00 483,700.00 l, 992, 850. 00 586,400.00 3, 426, 892. 92 3,267,627.57 2, 117,438. 68 l, 297,540.83 529,000.00 13, 689, 160. 00 603, 822, 765. 90 626, 795, 145. 90 633, 706, 955. 00 637, 919,755.00 640, 077, 880. 00 645,717,544.23 644, 445, 651. 31 646, 785, 323. 74 647,654,260.06 650, 872, 599. 23 652, 872, 099. 23 646, 189, 839. 23 68, 578, 864. 00 85, 838, 883. 33 30, 362, 827. 50 646, 189, 839. 23 12,668,114.00 1,020,000.00 l, 732,400.00 7,105,000.00 4.55, 000. 00 1, 499, 950. 00 472,600.00 3, 025, 000. 00 2,000,000.00 l, 000, 000. 00 75,000.00 550,000.00 3,026,337.50 13,039,981. 75 11,519,965.00 5,216,470.00 3,452,200.00 48, 964, 410. 00 I 70,777,400.00 I 16,805, 286. 26 I 4,103,896.66 1 5,345,896.18 I 5,582,595.00 1 22,513,321.51 655,831,615.73 643,811,633. 9'l 634,024,068.98 635, 912,598.98 632,915,398. 9S 585, 450, 938. 9S 515, 146. 138. 9S 501, 365, 8.~2. 73 499, 2'11, 956. 07 494, 9111, 059. 89 489,408,464.89 467,445,143.38 13 1935 January ...•.•.......•.......... February ..................... . March ........................ . April. ......................... . May ..............•....•....•.. June ....•...................... July .............•.•.........•.. Au~ust. ...•.............•...... September .........•.........•. October...................•.... November .......•............. December .....•.....•...•..•••. Total. •......•. ··••--···· I I 1936 January........................ f,06, 250. 00 February...................... l, 02f>, 000. 00 March......................... l, 590, 000. 00 April........................... 85,000.00 Msy ....•...................... 2,300,000.00 June........................... 917,450.00 July •.•.•....•.......••••.••••.•.••............... Au~st......................... 10,000.00 September..................... 50,000.00 October........................ 25, 000. 00 November..................... 42,o_ 000. 00 December...................... l, 400,000.00 Total. .. ........•...•...• 1937 January........................ February...................... March......................... 1--------1------- 8,433,700.00 31,603,064.00 210,347,759.85 467, 44n, 143. 38 l = = = = = l = = = = = l0=====l=====c:,== 325,000.00 9,917,297.83 457. 852, S4a. 55 640,000.00 7,476,963.90 4iil, 015, 881. 65 1 2,230,819. fJO 1,035,000.00 449,820,062.65 1------,------1-------1 I 9, 625, 080. 73 25, 977, 500. 00 2, 000, 000. 00 449. 820, 062. 65 170,000.00 770,000.00 25, O'l7, 500. 00 Total, first quarter....... Grand total. .••••........ i==8=16=,=733=,=63=1=.O=O=l==7=1"=,,=273=,3=7=3=.?=3~i==,=26=7=,=453=,3=1=0.=58=ll==-14=9=,=8=20=,=0i=,2=.=65 See footnotes at end of table. Digitized by Google REPORT OF RECONSTRUCTION FINANCE CORPORATION TABLE 63 6 .-Amount of amhorizatiom, diaburaements , repayments, and amounts out- Btandi~g from Feb. !IJ, 1932, to Mar. 31, 1937, inclusive, by classes and months 1- Continued PURCHASES 01' CAPITAL NOTES OR DBBBNTURBS OF BANKS AND TRURT COMP.\',JER (t,Tnder the act approved Mar. 9, 1933, as amended] Year and month Amount author• ized • 1933.. ··-- - •••••••.••••••••••••. 11134.••.• _ ..................... . $222, 985, 100. 00 Amount out• standing at end or period 194, 523,900.00 $116,144,200.00 208, 356, 800. 00 1,832,500. 00 143,500.00 1,402,000. 00 228,000.00 80,000.00 418,500. oo 1,179,000.00 831,000. 00 6,155,000.00 312, 500. 00 70,000.00 5,000. 00 1,005. 000. 00 2,600,000. 00 675,000.00 72,500. 00 1, ll5,000. 00 395, ooo. oo I, 472,500.00 367, 500. 00 6,411,000.00 409, 000. 00 275,000.00 55,000.00 4, 477, 238. 57 3,831, 500. 00 1, 287, 500. 00 7, 103,000. 00 I, 043, 500. 00 3, 603, 700. 79 3, 023, 000. 00 1, 990, 000. 00 5, 518, 884. 21 976,905.43 I, 612, 500. 00 3, 393, 500. 00 255, 663, 800. 00 254, 432, 300. 00 40,000. oo 154,000.00 60, 000. 00 4,000.00 50,000.00 55,000. oo 30, 000. 00 1,940,094.57 4, 855, 986. 28 527, 713. 72 1,940,750.00 • 1, 922, 000. 00 3 4, i04, 500. 00 • 28, 426, 324. 59 • 2,076, 425. 00 • 1,619,675.00 • 3, 434, 054. 02 • I, 549,164.87 • 9,806,403. 62 234, 227, 125. 00 229, 525, 138. 72 229, 057, 425. 00 227,120,675.00 225, 248, 675. 00 220,599,175.00 192,202,850.41 190,126,425.41 188,539,250.4 1 185, 115, 196. 39 183,566,031.52 173,815,627.90 March......................... ApriL... ...................... May........................... June.··---·--.................. Total.................... Amount repaid $116, 144, 200. 00 $65, 364, 961. 43 259. 136,038. 57 t======!·======i=======!===== = 1935 1anuary ---········· .. ·......... February_-·-·-·-·-··.......... 1uly. _____ • ......... ............ August......................... September..... ................ October.... ... ................. November..................... December...................... Amount dis• bursed 253, 819, 800. 00 246, 789, 300. 00 246, 860,800.00 243, 652, 009. 21 242, IOI, 509. 21 240, 479, 009. 21 241,371, 125. 00 240,803,219.57 239, 465, 719. 67 236,127,219.57 1-------·1-------1-------•1------12,657,000.00 14,852,500.00 37, 861, 319. 00 236,127,219.57 1936 January·---············ .. ······ 55, ooo. 00 30,000.00 7, 500. 00 .................. 67,500.00 15,000.00 25,000.00 February __ .................... Maroh. . . • • • • .. . • • ••• .. . . .. . . .. April .... _...................... May.... . .............. . ....... June .. ----···---···-·· ·· ······· July•..• ____ .................... August ............................................................ . September_··-- ·-····· .. ···.... 6, 000. 00 32,500.00 October ___ ..... ............. ... 35,000. 00 10, 000. 00 November __ ...................................................... . December........ ... ........... 30,000. 00 56, 000. 00 Total ................... . 271,000.00 491,500. 00 62, 8m, 091. 67 173,815,627.00 20,000.00 35,000.00 3, 576, 226. 59 1, 767, 835. 12 • I, 428, 203. 50 170,274,401.31 ms, 506, 566. 19 I 67. 078, 362. 69 35,000.00 20, 000. 00 • 6. 772, 265. 21 l======l======I==== 430, {57,000. 00 339, 880, 000. 00 I 172,801,637.31 167,078,362. 69 1937 January.. ... ... . ............... February ._ •. .................. .................................... March ..... ··-······-·········· ................................... . Total, first quarter....... Grand total.............. 167. 078. 362. 69 TOTAL, SEC.~. TITLE I, OF THE AGRICULTURAL ADJUSTMENT ACT OF 1933, AS AMENDED (To Secretary of Agriculture to acquire cotton! 1933--········---·············.. 11134-····· .• ···-····--·-······.. Grand total---·-········· $3,500,000. 00 20,000,000.00 ,--·-----, 23,500,000.00 $3, 300, 000. 00 3. 300, 000. 00 ~. 300, 000. 00 3,300,000.00 ................. . TOTAL, SEC. 36, TITLE II, OF THE EMERGENCY FARM MORTGAGE ACT OF 1933, AS AMENDED [Drainage, levee, Irrigation, and similar districts, etc.] 1933-···· ·······-·····-········· 1934 •••••••••••••••. _. .......... 1937 Jantlllf'Y....................... . February ........ -·--··-------. March ........................ . April.. . . ............ . ......... . . May ......................... .. June ...•••• ·····---· - · · · · ·· · · • • July ...... ········-···- ........ . 11 $7,039,114.08 53, llG, 608. 36 $2,413,955.10 9, 884, 268. 86 ··········•·······1 612,499.60 837,211.49 310,'Jffl. 55 306,500.00 1,891,521.03 634,361.85 3, IJ2, 439. 32 1,5118, 295. 53 (, 313, 854. 15 2, 243, 299. 68 2, 307, 790. 81 1, 780, 896. 22 1,588,310.88 ----------------------------------28,000.00 ----------------------------------2,827.88 t======l= = = = = =ls== 1 431 , 600. 00 $44. 09 1, 000.00 $2. 413, 955. 10 12. 298, 179. 87 15. 409, 619. 19 16,977,914. 72 21,291. 768. 87 23. 507, 068. 55 25. 814,859.36 27. 59-5, 755. 58 29, 181,238.58 See footnotes at end of table. Digitized by Goog Ie 64 REPOHT OF HECONSTHlJCTION FINANCE COHPORATION TABLE 6.-Amount of authorirntions, disbursements, repayments, and amounts om- stnnding from Feb. 2, 1932, to Mar. 31, 19J?, inclusive, by classes and months 1Continued TOTAL, SEC. 36, TITLE II, OF THE E~IERGENCY FARM MORTGAGE ACT OF 1933 AS A:.\lENDED-Continued Amount author- Year and month ized All!!ll:::t _________________________ Septem her _____________________ October ___________________ - ---N ovemher _____________________ December_-·· .. _._ •..... _...•• _ Total .•...•.••••. -······· 2 Amonnt dis• J1ursed Amount repaid Amount out• standing at end of period $11. 500. 00 9,fiC0.00 428. 37 447. 24 21i, 000. 00 $32, 790, 023. 72 34. 17.5, 499. 81 liti'.!.4fi0. 80 I 11, 722, 301. 51 $3,620, 2~:\. 14 I, 3!1,5. 076. 09 8,910,430.42 2, 403. 206. 94 4, 5(11, 621. 67 33,414. 61\.1. 49 37, 8M. 500. 85 78. 803. 49 50, 024, 883. 23 • 515, 42-5. 31 34,153.945. 71 3 5, f,33. 837. 67 4, 977, 175. 80 820,442.23 5,273.819. 24 2, 009, 470. 64 3, f>5fi, IJOO. 49 I I. SRI, 502. 59 I, 134, ~14. 10 1, ~fiR, 278 . .54 !, 075, 103. 24 1,787,345.64 73, 3lfi. 48 I. 58~. 205. 64 1,320,012. 21 .531, 045. 06 004, 430. :is 4, 0:12. 732. 09 901,007.28 837,089. 72 902. 784. 62 53.,, 028. 02 1, 346, 261. 49 '}fl, 049. 98 6.000. 00 20. r.oo. oo 27, U86. 25 20,517.00 17,001..W 4~. 444.09 43,994.17 38,417.28 27,226.09 74,641.19 I 157,832.00 61,785,178.89 51, 8.52, 524. 37 S3, 420, 230. 01 54, 712, 255. 97 55, 222, 784. 03 56, 110, 212. 82 60, I 00, 500. 82 60, 958, 113. 93 61, 756,786.37 62, 632, 344. 90 6.3, 095, 731. 73 64,284, 161. 22 32,627,215.56 14, 762. 887. 63 503,609.64 64, 284, 161. 22 757,384, 66 1. 91.5, 811. 48 2, 020, 235. 62 885,807.12 I, 397,031.81 1,248,609. 10 6. 368. 94 29,o:!5.00 '36,058.96 65, 163, 599. 40 66,531,596. 15 67, U4, 14~. 29 '$1,377,410.04 571,201.74 • 14,057,310.98 I 43, 085, 501. 86 45, 438, 261. .56 50, 024, 883. 23 1936 January __ •••••. -· •.••••........ February .. ····- .•.•••••....... March_ .•••...•...•..... _.... ·April___ .. _.••.••••.•........... May._ ..•.••...••.........•...• June .••••••.•.•.....•...•.•.... July-··- .............•.•••.. _.. _ Au~ust_ __ . _....... _.•.... _.... _ September .......•.••...•.•..•. Octoher __ --········--·-········ November .......••...••..••• -· Dee.ember.-·· ...•••••.•••••.••. Total. •.••••••.••••...... 1937 January .. _••........• _..••.• -·· Febru,1ry ...•.... -··- -· __ -···-· March ...... ·-··· ...•. _.-·····Total, first quarter ....••• 4,693,431. 76 3, 531, 448. 03 '71. 462. 96 67. 744,146.29 Grand total ...• ·-········ 130,891,033. 25 68, 398, 066. 47 ' 653, 920. 18 67, 744, 146. 29 TOTAL, ACT APPROVED JUNE 10, 1933. AS AMENDED 1933 •••••••••••••••••••••••••• ·1934 •••• _••••••••••••••••••• ···- $4, 375, 000. 00 25, 850. 000. 00 $4. 375, 000. 00 25, 850, 000. 00 $92,000.00 l======l======le===== $4, 37 5, 000. 00 30, 133, 000. 00 1935 January .•••.•.• -...••.....•••••.•••••...... ··-· -· -················· AugusL .... ·-···-············· 150,000.00 150,000.00 Total. .. ··-·············· 150,000.00 150,000.00 100,000.00 30, 033, 000. 00 30, 183, 000. 00 100. 000.00 30, 183, 000. 00 1936 JanuarY-·-·········-·-···-····- .•.....•.•.•....•. May·····-·········-···-······· ··-··············· June .......•.. ·-··-······--·-··-················· 1uly -----·····-·······-········- ··············---AugusL-·-···············-··--4,000,000. CO Octoher _._ .......••.• _....••• __ ···-··········--·November ..•..••...•.......... ········-···-···-· December--···················· -·········-·-····· Total •••••••• ····-······· 4, 000, 000. 00 .................. -······-·········· .•.............••. ······-----·----·4,000,000.00 ·······-·--······· .•••..••....•••... ······----··-----· 100,500. CO 1,827.86 56. 95 121i, 000. 00 ·····-·------····350. 000. 00 320. 55 14,000,672.14 4, 000, 000. 00 30, 082, 500. 00 30, 080, 672. 14 30. 080, 615. 19 29. 955,615.19 33,955,615.19 33,605,615. 19 33, 605. 294. 64 29, 604, 622. 50 4, 578, 377. 50 29, C04, 622. 50 1, 235, 000. 00 • 14,250.00 28, 369, 622. 50 28, 355, 372- 50 • I, 249, 250. 00 28,365,372.50 019, 627. 60 28, 3M, 372. liO 1937 1anuary••••••••••.•.•.•••••.•••••.•.•••.•....•..•..•••••••••••••... March •••••••••••••••••.•••••••.•••••.....•....•.....•..•.••.••.... Total, first quarter.••• _•• ·····-···-·······- ·················Grand totaL.·-·-········ 34, 375, 000. 00 34, 375, 000. 00 6 6, See footnotes at end of table- Digitized by Google REPORT OF RECONSTRUCTION FINANCE CORPORATION 65 6.-Amount of au.thorizatiom, disbursement&, repayments, and amounts out.: slanding from Feb. 2, 1932, to Mar. 31, 1937, inclmive, by classes and month& L Continued TABLE Lo.Uf8 ON PREFERRED STOCK 01' INSURANCE COIIPANIEB [Under the act approved June 10, 1933, Amount dis• Amount author• ized • Year and month 1933.•.•. · - ------·-····--··--·-· 11m·-··-····-·· ·······--···--·· BS burse<l $4,375.000. 00 25. 750, ooo. oo amended) Amount repaid $4, 375,000.00 •·••••••·••·•·••·· 25, 750. ooo. oo $92, ooo. oo $4,375.000. 00 30,033, ooo. oo l======l======l=======I====== 1935 Janaary •••• -----·--·········· ...••.•.•. ...... ... • • •• •••.. . ... .... .. August •.• _..................... 150, 000. 00 150, 000. 00 Total •••••••••••••••••••.. Amount out• standing at end of period 150, 000. 00 150, 000. 00 1936 100,000. 00 29. 933, 000. 00 30, 083, 000. 00 100,000. 00 30, 083, 000. 00 l======I====== Janwir:v........................ ..•.•..•.....•.... ....••••........•. 100, ,100. 00 May .•... ••• •• · ••...•.•.............•........... .. •. .... .......••.. 1,827.86 June. ···· ·····-·········-······ .......•.......... ....•.....•......• 56. 95 July ..••.••••••••.••••••.•.•• ,.. .••• .. . . . . . . ...... .••..•••. ....... .. 125,000.00 August····· · ······- ············ 4,000,000.00 4,000,000.00 ...•••••.......... October ••.••• -· ••••••.• ····---. . . . . . . . . . . . . . • . •. . . . . . .. . . . .. . . . . .. . 350, 000. 00 Nocember ••••••.•...••.•. ·--·· .......••....•..•. ....••.••.......•• 320. 55 December••••• ·-··········-···· ......••.....•..•• ..••.•...........• • 4,000,672.14 29, 982, 500. 00 29, 980, 672. 14 29, 980, 615. Ill 29, 855, 615. 19 33,855,615, 19' 33,505,615.19' 33, 505, 294. 64 29, 504, 622. 50 Total. ••••••• ·-·-·-···-·· l==4=,=000=,OOO=·=OO=l,==4,=000=,=000=.00=· l==4=,5=7=8,=3=77=.=50=l,==29= , 504=•=6=22=.=50 1937 January.·--···-······-·······-· .......•.••.. . ... • ·······-·········· March. _.. . .................... . . . . . . . . . . . . . . . . •. . . . • . . .. .. •. .• .• . . Total, first quarter................... . . .... . . ...... .... ...... Grand total.. •••••••••••• 34, 275, 000. 00 34, 275, 000. 00 1,235,000.00 1 14, 250. 00 28,269,622.50 28, 265, 372. 50 f--------1- - - - - - 1 1,249,250. 00 28,255,372.50 • 6,019,627.50 28,255,372.50 SUBSCRIPTION l'OR PREFERRED STOCK 01' AN INSURANCE COMPANY [Under the act approved June 10, 1933, BS amended) <.;l········ 1---$_1_00_,_ooo._oo_ 11134 ••••..••••••• ····-·-·····-·· f--_ _s_100_,ooo_._oo_"__s_1_00_, _000 ___ · 00_1 · .••.••• Grand total .•••••••••• -.. 1000 000 00 100,000.00 100,000.00 TOTAL, ACT APPROVED APR. 13, 1934, AS AMENDED (Loans to ftnance the repair of damage by earthquake, flood, or other catastrophe In 1933, 1934, 1935, and 1936) 111a1 ...••••••••••••••••••••••• •· 1=='=2,=150=·=000=·=00= ,==$=100=,4=3=0.=00=-t·=·=··=·=··=·=··=·=··=•= · ·=·=-Il===!=t=oo=,=43=0=.oo= 1 1935 January... .................. .. ................... 41,950.00 $175. 00 Fehruary. ... .••••.. •.•••.. .... . . . . .•.•... ..•. ... 20,950.00 .••..•...........• March..... . ................... .•.•.••......•.•.. 2,000.00 .•...•.•.........• April..... ..................... . .. ......... .. . .. . . 15,000.00 470. 00 May........................... .......... ........ . •. •••...•••.••... 150. 00 250. 00 1,420.00 300. 00 4, 400. 00 12,365.00 I, 249,350.00, g':i.~c.::::::::::::::::::::::: :::::::::: :: :::::: ·······250:ooo:oo· ......... ~'.~:~. 11 0 ~\ u September.· · ······-··········· ............. ..... 750,000.00 October •• . ············-········ .. .......... .. ..•. .••••. .... ••.... .. No,·ember. . ....•..•...••...... 150,000.00 3,000.00 December...................... . . . . . . . . . . . . . . . . . . 18, 385. 00 Total. •••••••• - - •••••••• ·- 150,000.00 1, 101,285.00 202,205.00 223, 155. 00 225,155.00 239,685.00 239,535.00 234,335.00 484,335.00 I, 234,085.00 I, 232, 665. 00· I, 235, 365. 00 I, 249, 350. 00 I====== I====== I= = = = = = ! = = = = = = See footnotes at end of table. 153608-37--5 Digitized by Goog Ie 66 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repayment,, and amounts outstanding from Feb. I!, 1931!, to Mar. 31, 1937, inclusive, by claBBll!S and monthB"Continued TABLE TOTAL, ACT APPROVED APR. 13, 1934, AS AMENDED-Continned Amount autbor• ized • Year BIid month Amount disbursed Amount repaid Amount out• stBnding at end of period 1936 1anuary........................ $50,000.00 February•....................................... March ......................•.................... April........................... 629,517.00 May........................... 780,667. 75 June........................... • 1,291,959.00 July .. ·····•·····•··•·········· 195, 195. 00 August......................... 117, 505. 00 September..................... 62, 345. 00 October........................ 46,575.00 November..................... 9R, 750. 00 December...................... 80,750.00 Total ........••.......... 3, 353, 263. 75 Total, first quarter....... $5,848.25 327.93 1,971.23 7,354.14 34,307.46 5,347.19 4,882.72 973,124.98 JO, 054. 56 11,215.95 9,901.09 1 18,860.56 $1, 262, 651. 75 1, 268, 823. 82 1, 279, 277. 511 1, 289, 613. 45 1, 610, 550. 99 1,m,465.03 2, 006, 907. 73 1,293,410.68 1,409,487.12 1, 498, 374. 05 1, 664, 722. 96 1, 789, 714. 32 1, 623, 560. 38 1,083,196.06 I, 789,714.32 l======l======l=======I======== 1937 January........................ February....................... March......................... $19, 150. 00 6,500.00 12,425.00 17,690.00 355,245.00 172,261.23 234,325.42 259,627.93 126,131.00 100,102.88 176,250.00 143,851.92 15,900.00 6,325.00 21,500.00 65,738.25 55,708.59 24,625.00 1-------1-------1 Orand total.............. 43, 725. oo 146,071.84 5,696,988. 75 3, 031, 347. 22 I 15,081.27 16,597.33 15,489.55 1 47,168.15 1,840,371.30 I, 879,482. 56 1,888,618.01 I, 888,618.01 l======l======l=======l=======1 1, 142, 729. 21 1,888,618.01 TOTAL, SEC. 14 OF THE ACT APPROVED JUNE 19, 1934, AS AMENDED [Loans to borrowers engaged In the mining, milling, or smelting or ores] 1935 February...................... $168,000.00 March......................... 432,000.00 April........................... 3,000,000.00 May........................... 440,000.00 June........................... 541,000.00 July........................... 750,000.00 August......................... 348, 000. 00 September..................... 545,000.00 October......................................... . November. • ... . . . . . . . . . . . . . . . . 60, 000. 00 December...................... 23, 000. 00 Total ••........•......•.. 1936 6, 307, 000. 00 1937 JBnuary........................ February...................... March......................... Total, first quarter....... GrBnd total ............. . •·••••••••••••••·• ···••·•·•••·••••·· ••··•••··•••·•••·• . . • . .. • • • • • • • • • • . . . . .. ..•••••• .• • •. . . • • • •• •• • • • • • • . • . . $8,000.00 280,000.00 345. 000. 00 664, 000. 00 775, 000. 00 833, 000. 00 845, 000. 00 $15,000.00 917,000.00 15,000.00 917,000.00 932,000.00 l=====l=====l======I====== January........................ 335,000.00 February...................... 185,000.00 March......................... 366,000. 00 April........................... 275,000.00 May........................... 694,000.00 June. . . .. . . . . . . . .. . . . . . . . . . .. .. • 186, 500. 00 July........................... 140,000.00 August. ...........................•.............. September..................... 837, /iOO. 00 October........................ 252, 500. 00 November..................... 20,000.00 December...................... 39,000.00 Total. .......••••.•.•.... $8,000.00 272,000.00 65,000.00 319, 000. 00 111, 000. 00 58, 000. 00 12, 000. 00 87,000.00 3, 330, 500. 00 20,000.00 15,000.00 103,000.00 33,000.00 41,000.00 17,000.00 80,000.00 308,000.00 132,000.00 73,500.00 47,000.00 71,000.00 80,000.00 40,000.00 305,000.00 25,000.00 857,000.00 872,000.00 975,000.00 978,000.00 979,000.00 691, 000. 00 746,000.00 1, 054, 000. 00 1, 186, 000. 00 I, 259, 500. 00 1, 306, 500. 00 1,337, 500. 00 520, 000. 00 1, 337, 500. 00 30,000.00 1, 344, 500. 00 1, 363, 500. 00 1, 458, 783. 51 - --------· ------------------------30,000.00 - -------------------------------------------------------------------• 40,000.00 940,500.00 l======l•======l=======I====== 650, ooo. oo 373,000.00 40,000. oo 37,000.00 19,000.00 148,000.00 -----------------52, 718. 411 I 1-------+--------i-------1------963,000.00 204,000.00 10, 600, 500. 00 2, 076, 500. 00 82,716.49 1, 458. 783. 51 617,716.49 I, 458, 783. 51 I l======!======i=======I====== I See footnotes at end of table. Digitized by Google 67 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizatiom, disbursements, repayments, and amounts· ou~ atanding from Feb. e, 1982, to Mar. SJ, 1937, inclusive, by classes and month8 1Continued TABLE TOTAL, SEC. 16 OP THE ACT APPROVED JUNE 19, 1934, AS AMENDED [Loan-to; public-school authority for payment or teachers' salRries due prior to June 1, 1934) Amount author• Year and month izedl 1113L.. ·-······················ Grand total •••••••••••••• Amount disbursed Amount repaid Amount out• standing at end of period $22, 500, 000. 00 $22, 300, 000. 00 $22, 300, 000. 00 ---------------- -- 22, 500, 000. 00 22, 300, 000. 00 22, 300, 000. 00 ------------------ TOTAL, ACT APPROVED AUG. 24, 1935 [Loans")o or for the benefit of tu-supported public-school districts, or other similar public-school author!• ties, in charge of public schools] 193G January ,. _________________ .___ $383,000.00 80,800.00 72,000.00 208,500.00 February······--·---·---··-··- March.·-·······--·------·-···· ApriL ••• ·---······---·----····· ----------------·· ··-··············· ...•...•...•....•• ...•.....•.•...•.• ····--·········--· ······---···-····· ·-···-········-···-···-···-········ ·····-············ ····--·······-···· ····-········--··· .•. ···-·--···· •••• May-····-···---·-·········· ... ··------··· -·· ••... ··- ···--- ••.•..•• ----·- •.•.•.....•... ·-·---· ..... -·-· June_·····-···-··-·---·-_·--... 61,000.00 .. ·-··-·-· •••.• ·-· •.•.•.....•.•.•.•. ········-· .. ··- ..• July··-··-··----·-·-------·---·· ···-·· ..............••.• ·-· •... ··-·· ·-···· ........•..................• ·- 565. 000. 00 ·········-···•···· ....................... a •••••••••••• ·········-·-···--· ·····-·--···--·-·· August·-····-·-----·-·--·····-· September.-····-·-----·-···--257,000.00 ··-··--··········· --·····-·········· October...•• ·-·--··----··-·---· 30,000.00 .......•.•.....•.....•.........••... November_····-··-·-·-·-···--· ••••••...•........ ·····-····-······· ...•.........•..•• December-·-··-·····-·-·-··--·· 181,000.00 ·········-········ ··-··············· Total ••••••••••••• ---···· January 11137 ••• · ---·-·-······-· March •••...•••••••••••••••• _.. ·······--····-··- - ·····••··•···••••• 1, 838, 300. 00 1=======!======1°======1====== 15,500.00 $53,420.47 ·-----·········-·· 153,000.00 .•.....•••........ (') $53,420.47 53,420.47 1-------1-------1-------1------- Total, t1rst quartel'--··-··l===l68.=500=.=00=l,===53=,4=20=·=4=7=I====(•=)===1====53=,=420~.4=7 Grand total--·······--··· 2,006,800. 00 53,420.47 (') 53, 420. 47 TOTAL, ACT APPROVED MAY 20, 1936 [ ~ to the Rural Electrification Administration] 193G October -·····-··--·-·-·· -····· TotaJ_ ·····--·----·--·--· $1,000,000.00 $100,000.00 ····--···-·---·-·· $100,000.00 1------·1-------i---------1------1,000,000.00 1937 Febma-ry ···--·-----··-··---- ·-··---····-··-··· March_·····--·····- ···-·-· ··-·············-· 100,000.00 ··············-· .. 100,000.00 298,000.00 398,000.00 200,000.00 (') 598,000.00 l------+-------1--------1------- Total, 1lrst quarter.•••••• l=·=··=··=·=··=·=··=·=··=··=·=·I===4=98,=000=·=oo=l,===(=•)===/====5=98=,000=.=00 598, 000. 00 (') 598,000. 00 1, 000, 000. 00 Grand total.-·--····-···- See footnotes at en<!- or table. Digitized by Google 68 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repayments, and amounts outstanding from Feb. 2, 19.J2, to Mar. 31, 1937, inclusive, by classes and months1Continued TABLE TOTAL, SEC. 5, RECONSTRGCTION FINANCE CORPORATION ACT, AS AKBNDBD Amoum repaid 1934--January .• ·---··· ... ····-·····--· ······--··········-··········-·----··-·-·---·····--· $84,916,603. 7% Amount ouhtanding 1934at end of period Iauuary. --··-···-···-·----·············-·····--·--·-·····-----·---·--------·•--·-·· $1, 58-i, 948,081.03 February ... ·········•·-- •.•............................ ···•·•·······-······........ 1,561.608. 410. 57 March .•.... ·····-······· ........... ·····-···········-········ .•. ··-···-······-····· 1,498,941, 774.1!9 fil'it:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: t!~: ~!: ~: * Inly.··-···-···············-··•··•·········-········· ... ·····-·············-·-·--··· 1,330,779.810. 60 August. ..•.•••..••... ·····-·· .........•.........•............•• ·······-······...... 1,291,973,457.09 i-:Pt~t~r~e~:::::::::::::::::::::::::::::::::::::::::::::: ::::::: ::::::::::: :::::::::: t ~~; ~~; ~~: :i: Novemher·-···········-···························································· 1,285,376,518.24 December.············--···················-·······························-··-·--- 1,295,859, ~7. 08 INSURANCE COMPANIES [Under sec. 5 ol the Reconstruction Finance Corporation Act, as amended] Amount repaid 1934-Ianuary .• ··-·····················-·--·········-···--··---·---·-····· ··-·-··-········· $4. 897,081.31 Amount outatandinq at end of 1934period January .. ········- ...•.••• ·····-· ....• ·············- .•....... ·-···--·····-·······-·--· $56,269,904.48 February.-···············•-•·· .............. ·····-·····-·······---·-----·-······-····· 54,059,261. 22 March ..........•....•... ···- ... •···················-·· .....•...• -·-······-····-···-··- 51,554.331. 78 ffit::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: i!: ~: 5: ! July_ ......•...............•..... ······································-····--·-······· August_ ••...•.•......................•........................... ···---····-·········· September............................................................................. Ottoher.................•..........•......•... ········-·····--···---···-·-·----·······November ............................•.........•.......• ·············-·············-·· December ••....... ·····-·-·····-··············-········----··-·-·············--··-···· TOTAL, ACT APPROVED MAR. 9, 32. 523,997.06 31,363,197.87 30,532,240.03 29,852,301. 13 29,249,814.31 24,745,456.88 19:U, AS AMENDED ( Loans on and subscriptions !or preferred stock, and purchases of capital notes or debentUI'8S, ol banks and trust companies] Amount authoriz6d 1934-Novem ber -·- ..... -· ... -· .• ·-···· •........•..••.• --····---· ··---· ·- ·- --·-·-·---······. $9,768,000.00 SUBSCRIPTIONS l'OR PREFERRED STOCI( 01' BANKS AND TRUST COKPANJES [Under the act approved Mar. 9, 1933, as amended] Amount authorized 1934-November •• _•.•..... _·- ..• ··-· •.•.. ·-····-···········-···-··········· ····-··········· $8,852,000.00 TOTAL, SEC. 1934- 36, TITLE II, OF THE EMERGENCY FARM MORTGAGE ACT or 1933, [Drainage, levee, irrigation, and similar districts, etc.] AS AMBNDED Amount authorized t~:~y ~=:::::::: :::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: ,. rg~: ti·~~ ~: ~t ~: :r July.····-··-·········-·············--·····-·····························--····-···-···· 4,522,199.17 ~~~·:::::::: ::: :: :::: :::::::::::: :::: :::::: :: :::: ::: :: :::::::::::: ::::: :: :::::::::::::: Septem her.····-.-·-·---· ....•... -· •.•••.•...•...........•.•..•. ··-··- ... -·············· 6, 380, 334. 94 Figures, by months, for 1932, 1933, and 1934 are shown for all classes In table 6, of the report for the fourth quarter ol 1936. Certain monthly figures for 1934 have been revised since the report for the fourth quarter of 1936. These revised figures are shown below: • These figures have been adjusted on account ol rescissions. • Revised. • Includes $W3,618,000 representing refinancing of loans previously made by the Corporation to Federal land banks for different individual amounts, but in the same aggregate amount. • Exclusive of repayments unallocated, pending advices, as of Mar. 31, 1937. • Includes authorizations of $1,222,108,664.99 to Commodity Credit Corporation, of which $646,452,782.73 was disbursed and $566,765,113.55 was repaid. I Digitized by Google 7.-Loans to aid in the reorganization or liquidation of closed bank11 and tru11t companies from Feb. 2, 1982, to Mar. 31, 1937, inclusive, by Statea (includes loans to receivera, liquidating agentsJ.. and conservators, and loans through mortgage loan companiea to aid in the reorganiza- TABLE tion or liquidation of cloaed banks, under sec. 5 of the teeconatruction Finance Corporation Act, as amended; and loans on the assets of closed banks and trust companiea under sec. 5e of the Reconstruction Finance Corporation Act, as amended) -~ BANKS AND TRUST OOMP.A.NIES All others National• State Amount authorized .A.labama.... ·-·············Arizona ..................... Arkansas ............... ·-··· $1, 173, 300. 00 217,000.00 1, 785, 200. 00 13, 948, 484. 71 1,867, 950. 20 Amount with• drawn or can• celed $382, 402. 20 62,000.00 293,401.29 2, 822. 693. 37 .all, 019.63 Amount disbursed $790,897.80 149,400.00 1, 428, 948. 71 11, 092, 001. 62 1, 428, 930. 57 Amount authorized $5, 107,812.46 247,500.00 8, 428, 363. 08 3, 366, 681. 44 71,500.00 3, 196, 000. 00 Total .A.mount with• drawn or can• celed Amount disbursed $2, 703, 'Jjj7, 89 $2, 404, 544. 57 130,301.73 4, 833, 682. 88 3, 073, 237. 54 68,548.30 2, 655, 765. 52 117,198. 'Zl 3, 564, 788. 72 293,443.90 2,951.70 540,234.48 California.....•............• Colorado..•..........•...... Connecticut.. •.........•••.. ---------------- ---------------- ---------------District of Columbia ........ 16,300, 241. 35 1, 785, 448. 39 13, 215, 892. 96 ---------------- ---------------- ---------------Florida...•.•••.........•.•.. 1, 866, 300. 00 720,503.82 1, 145, 796. 18 4, 955, 972. 27 3, 024, 308. 48 1, 931, 663. 79 Georgia ••••••.........•••••• 513,800.00 204,631.45 309,168.55 4, 637, 195. 48 2, 031, 933. 06 2, 605, 262. 42 Idaho .•••••••........•••...• 364,206.73 3, 264, 193. 'Zl ---------------- ---------------- ---------------3, 628, 400. 00 Illinois..••.•......•......... 37, 451, 212. 96 28, 003, 213. 'Zl 8, 532, 919. 69 29, 869, 204. 86 10, 519,806. 51 18, 522, 073. 30 Indiana ............•.....•.. 21, 040, 426. 87 4, 302, 961. 65 16, 331, 178. 'Zl 5, 609, 924. 85 2, 395, 316. 55 3, 214, 608. 30 Iowa .............. _._ ....... Kansas ...................... fig:~~~~================= 0 cg: N. (1) Q_ ~ CJ 0 ~ ~ Maine .. _................... Maryland ..................• Massachusetts............... Michigan_ •••••....•.....••. ~~Ei ~~~================ Montana .•.••••.•••.••..••.. Nebraska .••...•••••.••..•.. 11, 401, 002. 20 2, 'Ell, 700. 00 8, 956, 572. 41 336,300.00 11, 019, 500. 00 3,491,900.00 9, 375, 700. 00 258, 980, 465. 59 2,574,447.13 2, 902, 400. 00 7, 971, 500. 00 465,200.00 1, 443, 126. 58 430,000.00 2, 'Zl0, 363. 26 621,267.40 1, 6'Zl, 968. 86 230,000.00 649,635.32 571,876.69 2, 369, 337. 02 45, 063, 422. 20 634,992.62 567,400.00 2, 287, 958. 68 115,700.00 335,657.11 80,000.00 9, 056, 438. 94 1, 616,832. 60 6, 470, 903. 55 105,000.00 10, 232, 464. 68 2, 843, 824. 41 6, 912, 462. 98 213, 317, 643. 39 1, 999, 064. 61 2, 297, 600. 00 5, 664, 741. 32 337,500.00 1, 074, 692. 89 350,000.00 Nevada_ .................... New Hampshire" ••..•.•.•.. ---------------- ---------------- ---------------New Jersey .•.••.•••.•••••.• 23, 654, 220. 91 6, 132, 995. 56 16, 895, 241. 76 39,200.00 New Mexico .•••••••••.•. ~. 65,000.00 25,800.00 6, 773, 185. 78 35, 608, 305. 29 New York ..••.•.•....••.•.. 42, 873, 062. 09 1, 7'Zl, 192. 11 5, 159,707.89 North Carolina_ •.•••..•.••• 6, 949, 900. 00 1 Includes District of Columbill banks and trusts companies. 7, 430, 700. 00 1, 380, 800. 00 1, 218, 858. 87 37,015,417. 72 31, 858, 776. 50 10, 269, 024. 00 25, 468, 148. 32 50, 310, 531. 06 3, 130, 100. 00 4, 618, 559. 94 9, 073, 532. 54 576,000.00 2, 452, 926. 07 1, 977, 364. 19 500,000.00 9, 234, 000. 00 413,473.64 17, 062, 369. 54 8, 081, 751. 48 1, 098, 168. 76 512,602.31 395,533.69 7, 748, 798. 49 3, 374, 615. 84 1, 686, 286. 22 2, 316, 580. 59 17,683,036.92 2, 370, 467. 20 956,326.95 1, 958, 239. 75 76,386.34 813,141.50 395,864.39 39,597.69 4,514,574.59 34,996.50 7, 093, 496. 15 4, 619, 751. 83 6, 332, 531. 24 864,697.69 823,325.18 29, 224, 619. 23 , 28, 484, 160. 66 8, 582, 737. 78 22,871, 674. 80 31, 326, 308. 42 759,632.80 3, 662, 232. 99 7, 072, 692. 79 499,613.66 1, 596, 435. 86 1, 446, 499. 80 460,402.31 4, 069, 425. 41 378,477.04 9, 893, 873. 39 3, 461, 786. 64 Amount authorized Amount with• drawn or can• celed Amount disbursed $6, 281, 112. 46 $3, 085, 670. 09 $3, 195, 442. 31 464,500.00 10, 213, 663. 08 17, 315, 166. 15 1, 939, 450. 20 3, 196, 000. 00 16, 300, 241. 35 6, 822, 272. 27 5, 150, 995. 48 3, 628, 400. 00 67,320,417.82 26, 650, 351. 72 18,831, 702. 20 3, 652, 500. 00 10,175,431.28 37,351, 717. 72 42, 878, 'Zl6. 50 13, 760, 924. 00 34, 843, 848. 32 309, 290, 996. 65 5, 704, 547. 13 7, 520, 959. 94 17, 045, 032. 64 1,041,200.00 3, 896, 052. 65 2, 407, 364. 19 500,000.00 32, 888, 220. 91 478,473.54 59, 935, 431. 63 15,031, 651. 48 179,198. 'Zl 3, 858, 190. 01 3,116,037. 'Zl 441,971.33 640,234.48 1, 785, 448. 39 3, 744, 812. 30 2, 236, 564. 51 364,206.73 19, 052, 726. 20 6, 698, 'Zl8. 20 3, 368, 532. 02 1, 133, 869. 71 2, 023, 502. 55 7, 978, 708. 49 4,024, 151. 16 2,258, 161. 81 4,685,917.61 62, 746, 459. 12 2, 005, 459. 72 1, 523, 726. 95 4, 246, 198. 43 192,086.34 1, 148, 798. 61 475,864.39 39,597.69 10,647,570.15 60,796.50 12, 866, 681. 93 6, 346, 943. 94 'Zl9, 701. 73 6, 'Jjj2, 631. 6~ 14,165,239. 1e 1,497,478.81 2, 655, 765. 5) 13, 215, 892. 00 3, 077, 459. 91 2,914,430.91 3, 264, 193. 21 46, 525, 286. 51 19, 545, 786. 51 15, 388, 970. lS 2, 481, 530. ~ 7, 294, 228. 73 29, 329, 619. 2:l 38, 716, 625. 34 11, 426, 562. rn 29, 784, 137. 7S 244,643,951.81 2,758,687.41 5, 959, 832. 9£ 12, 727, 434. 11 837,113.66 2,671,128. 75 1, 796, 499. 80 460,402.31 20,964,667.11 417,677.04 45, 502, 178. 61 8, 621, 494. 53 -~ ~ ~ : a i ~ cj a ....>-3 ~ le,j .... ~ ~ a 0 t:c ~ 0 t:c ~ sz 0:, ~ 7.-Loans to aid in the reorganization or liquida.tion of closed banks and trust companies from Feb. 2, 1932, to Mar. 31, 1937, inclusive, by States (includes loans to receivers, liquidating agents, and conservators, and loans through mortgage loan companies to aid in the reorgani zation or liquidation of closed banks, under sec. 5 of the Reconstruction Finance Corporation Act, as amended; and loans on the assets of closed banks and trust companies under sec. 5e of the Reconstruction Finance Corporation Act, as amended)-Continued TABLE ~.._, BANKS AND TRUST COMPANIES-Continued National All others 1 ~ 0 0 :::c Total 1-3 State 0 cg: N. (1) Q_ North Dakota•••.• __________ $2, 534, 264. 68 0 hio. _____________ . _________ 13, 978, 664. 07 0 klahoma. ________ . _. _______ 2, 261,303. 15 Oregon•• ____________________ 2, 970, 800. 00 Pennsylvania. ______________ 79, 631, 284. 97 Rhode Island .• _____________ ---------------South Carolina ______________ 5,201,680. 14 South Dakota_______________ I, 275,984.30 Tennessee ..• _______ . ________ 16, 761, 143. 68 Texas _______________________ 5, 966, 434. 14 Utah ___________ . ____________ 39,500.00 Vermont_ ________ ___________ 1, 349, 800. 00 Virginia ..• __________ _______ _ 2, 199, 700. 00 Washin1tton •• _______ . ______ . 9, 255, 369. 82 West Virginia. _______ ___ ____ 8, 111, 084. 16 Wisconsin ___________________ 7, 019, 721. 08 Wyoming _____________ ______ CJ ~ ~ Amount withdrawn or canc11led $912,182.14 3, 145, 329. 27 966,131.84 382, 567.84 19,444,125.39 1 Amount disbursed $1, 616,882.54 10,690, 334.80 1, 268, 754. 76 2, 521, 032. 16 57,765,440.37 --------------- ---------------I, 239, 812.37 3,858, 567. 77 260, 820.91 943,879. 72 984,746.55 4,500.00 275, 100. 71 350,634.96 1, 057, 155. 67 777,993. 37 I, 554, 466. 26 ---------------- ---------------- Total. •• ______________ 653,511,047. 19 ~ 0 Amount authorized 123, 194,186.63 I, 000, 313. 39 15, 703, 663. 96 4, 947, 279. 64 35, 000.00 1, 064, 999. 29 I, 766, 365. 04 7,679, 214. 15 6, 877, 490. 79 5, 389, 954. 82 ---------------519,316,528.99 Includes District of Columbia Banks and Trust Companies, Amount authorized $52, 079. 30 220, 077, 269. 81 769,918.00 733,920.25 48,303,479.65 1, 255, 84 I. 54 2, 264, 763. 16 I, 115, 643. 81 992,875.64 6, 933, 607. 27 4, 388, 776. 52 Amount withdrawn or canceled $12, 247.68 31, 375, 061. 25 438,320.34 235,022.55 24, 097,665. 25 248, 409.55 263, 153.31 715,909. 97 539, 733. 70 743, 137. 19 2, 373, 692. 06 --------------- -------------- 911,883.25 5, 320, 500. 00 10,314, 516. 19 4, 717, 256. 00 6, 632, 006. 05 185,500.00 1, 653, 154. 05 2,023,867. 28 4, 618,539. 98 185,500.00 601, 620, 441. 40 153,317, 012.68 Amount disbursed $39,831.62 160,987, 945. 19 331,597.66 498,897. 70 24, 063, 543. 48 1, 007,431.99 2,001,609.85 350,847. 73 453, 141.94 6, 130, 4 70. 08 1, 948, 584. 46 - -- ----------- -4,408,616. 75 8,661, 362. 14 2, 668, 388. 72 2, 013, 466. rn --- ------------416, 816, 451. 42 Amount authorized Amount withdrawn or canceled Amount disbursed ~ ~ $2, 586, 343. 98 234, 055, 933. 88 3,031, 221. 15 3, 704, 720. 25 127,934,764.62 I, 255, 84 1. 54 7, 466, 443. 30 2,391,628.11 17, 754,019. 32 12,900,041.41 4, 428, 276. 52 I, 349, 800. 00 7, 520, 200. 00 19, 569, 886. 01 12, 828, 340. 16 13, 651, 727. 13 185,500. 00 $924,429.82 34, 520, 390. 52 1,404, 452. 18 617,590.39 43, 541,790.64 248, 409.55 I, 502, 965. 68 976,730.88 I, 483, 613. 42 1, 727, 883. 74 2, 378, 192. 06 275, 100. 71 I, 262,518. 21 2, 710, 309. 72 2, 801, 860. 65 6, 173, 006. 24 185,500.00 ---------------- 1, 255, 131, 488. 59 276,511,199.31 936, 132,980. 41 $1,656, 71 4. 16 171,678, 279.99 1,600,352.42 3, 019,929. 86 8 1,828, 983.85 I, 007, 431. 99 5, 860, 177. 62 I, 351, 161.12 16, 156,805. 90 11, rJ/7, 749. 72 1, 983, 584. 46 1, 064, 999. 29 6,174,981. 79 16, 340, 576. 29 9,545,879.51 7, 403, 420. 89 t:'J 0 0 z rn 1-3 ::::, d 0 ....1-3 0 z "'.l ~ ~ 8 rJ 0 :::, ....~ ~ 7I ·REPORT OF RECONSTRUCTION FINANCE CORPORATION 8.-Loam on and purchases of preferred stock, and purchases of capital notes or debentures, of banks and trust companies, disbursed from Mar. 9, 1933, to M ar. 31, 1997, inclusive; and outstanding as of Mar. 91, 1937 (under sec. 904, title Ill, of the act approved Mar. 9, 1933, as amended) TABLE BANKS AND TRUST COMPANIES-TOTAL Outstanding Disbursed State Number or banks and trust com• panie, 1 Number of banks and trust com · panies 1 Amount 41 55 132 l 94 89 402 23 $15,853,575. 00 37, /if.()_ 00 2, 430, 000. 00 4,404, GOO. 00 48, 502, 425. 00 4, 893, 500. 00 7, 192, 126. 00 507,300.00 2, 900, 000. 00 2, I 76, 200. 00 4, 835, 500. 00 2, 130, 000. 00 00, 5M , 114. 17 16,667,000. 00 10, 248, 000. 00 5, 247, 750. 00 8, 879, 850. 00 15,512,000. 00 9, 125, 500. 00 9, 078, I 70. 00 16,674,200.00 40. 624,66 1. 00 17, 322, 025. 00 14,283, 150. 00 20. 751, 125. 00 4, 000, 500. 00 7,907, 950. 00 205. 000. 00 75 1,635. 00 i3, 972, 016. 07 , 715,000. 00 301 , 585, 605. 83 7, 463, 500. 00 4. OG4, 500. 00 92, I 22, 237. 00 10, 934. 000. 00 I , 950, 000. 00 45, 795, 096. 50 1, 250, 000. 00 898,500.00 2, 77 1. 800. 00 4,438, ICO. 00 I 2, 559, 050. 00 31, 036, 125. 00 3. 995, 000. 00 15, 795, 000. 00 10, 694, 650. 00 125,000.00 6, 064, 500. 00 6, 366, 066. 66 33, 147,100. 00 1, 367, 500. 00 TotaL •. _· -··· · ··········--······ Subscriptions for preferred stock of: Export•lmport Bank of Washing• ton •. •.. · ·-·-· . . _• ••. _.. · ·-· _. .• . . Second Export•lmport Bank or . W ashington, D. 0 •••.•.•.• . • •••. 6,070 I, 052, 802, I 03. 23 Grand total.. ...• •••••. ·-·····-·· 6, 072 Alabama ___ - - -- - - -------- -- ---- -- - -- --/. Jaska_ ______ - - -- - - ________________ - - - ----------------- - -Arizona ____ -___ __ -_ Arkansas ____ __- - - -- - - - - - - - - ----- - - - - - - - California ____________ --- _-- ---- -- -- -- -Colorado _______ ---- __ -- ---- --- ___ -- -- -Connecticut _____ ---- --____ ----- - - -- --_ ____ ________ ________ _________ Delaware District or Columbia _________ ______ ___ _ Florida_____ _____ ------------- - _-- -- ---Georgia ________________ -- ---- ___ ------Idaho ____ __ - - - --- - - - - -- - - ---- ---- -- -- -Illinois ____ __- ----- --- - -- ----- ---- -- -- -Indiana ____________ --- --- -- ----- -- ---Iowa ________ _______ ________ ________ ___ _ Kansas ____ ____ --- -- - -- - -- -- --- --- - -- -• ~~=~==::::::::::::::::::::::::::: Maine _____ __ - -- -- -- - - -- - -- -- ---- -- --- · Maryland ••. .....•.. ....• . . ..... ....... Massacbll58tts •••..•.. •• •.... . .... . . ... Michigan _•••........ · ·- .. •..•...•... .. Minnesota ••• ···---· ..•.. -·.·······-··· ~l:o~Y pi.:::::::::::::::::::::::::::: Montana. ••...• _-·.·-··-····-··-- ... . . . Nebraska •••• • . _._·····-· .• _--·-···-· · · Nevada_ .. ···-···--·· ···· ·· - .• · · - · . · ··New Hampshire..• •-·· -· · ·····-· · ··· · · New Jersey . • · · ········-······--·-- -· · New Mexico • . . ·-········-··· · --·-· · -- · New York •. · - ········ · ··-·--· ··· •· ·•·· North Carolina . . _·--···-·····-···· ···· North Dakota ...• --•·· · ·-·····--···-··· Ohio •..... -· - - ... - - · •..•. -· · · ••.. · •· • -· Oklahoma.... _. •. __ . ... . _.•.• .•...•..•. Oregon. •• __· - - - . - - - .• .. . - · •.. . ••... •··· Pennsylvania •. _._ .•.. .. _._ . •.•.... .• . . Puerto Rico . . • . •. • _.•.. . .. · - · · · ····-··Rhode Island . . ··---· ·· · ·· · ············ South Carolina..• --··-· ••.• ...•........ South Dakota..•. •···-- - -· · ········-··· Tennessee._ •••• · - .•.. • • - •....... •- •· •·Texas .• _.- · · · ··.-· · .. · · · --············ · Utah._. • • • ••• • ••..... •• • •. . . ...•..•.. .. Vermont ••.. ••••..•.. __ ........ ·--· -· . . Virginia__•...• •••.... • •.• - ··-. ·-··-- ·-· Virgin Islands .••.... . -· · ··-···-···-···· W asbington .... ·- . •.. .••• ··- .......... . West Virginin•• • _.... -··· ··-· -··· · · · ·· · Wisconsin •.. •.•.•....• . ...... -····-··-· Wyoming . .. · -····· · - · · ·· - ············· 70 I 5 113 121 56 39 11 7 40 86 24 218 28 1 139 197 11 3 111 31 65 67 183 257 148 219 57 148 4 9 205 19 476 132 128 387 46 53 286 3 4 35 11 9 121 400 55 Amount t $11, 124, 698. 41 --------------- -- 3-- ----- ------1,354,606. 57 22 182 252 119 186 lOS 88 29 63 49 163 196 139 196 44 136 3 6 195 17 357 118 11 6 323 40 41 263 3 4 33 100 116 343 34 55 122 I 83 78 352 17 3, 879, 475. 16 31, 498,933.97 4,018, 000.00 6,509,577. 22 334,300. 00 2, 4~4. 600. 00 I, 790, 3S5. 03 3,351, 106. 26 1, 872, 250. 00 46, 197,856. 30 12,584, 470. 00 7,237. 225. 00 4, 640, 421.57 6, 835, 900. 00 8, 477,475. 00 6, 754, 717. 76 7. 716, 681.12 I I, 546, 586. 66 33, I 13, 900. 00 9, 810, 509. 13. 8,143, 947.54 8. 389, 304. 24 2,376,214. 5:? 5, 781.336. 75 105,000. 00 292, 135.00 66, 344, fi29. 56 672,825.00 72, 988, 756. 16 6,449,510. M 2, 975, 650. 00 62, 709, 227.88 4, 702, 927. 97 1, 370, 900. 00 39, 151, Q43. 65 975,000. 00 730,000.00 2, 062, 300. 00 3, l 20, fi93. 48 II, 832, 800. 00 22, 726, 003. 76 2, 533,937. 32 15, 453,375. 00 7,893.817. 50 124,000. 00 3, 679, 380. 00 4, 558, 989. 45 27,295, 187. 04 998, 098. 60 5, 258 609, 521, 536. 22 102 86 M 38 11 7 39 74 20, 000, 000. 00 20, 000, 000. 00 2, 500, oco. 00 -------- -- ---- ------------ ---- -- I, 075, 302, 103. 23 5, 259 629, 521. 536. 22 See foo tnotes at end or table. Digitized by Google 72 REPORT OF RECONSTRUCTION FINANCE CORPORATION 8.-Loan., on and purcha.,es of preferred stock, and purchaae, of capital notes or debentures, of banks and trwt companies disburaed from Mar. 9, 19!13, to Mar. 31, 1937, inclusive; and outstanding as of Mar. SJ, 1937 (tinder sec. !104, title III, of the act approved Mar. 9, 1933, as amended)-Continued TABLE BANKS AND TRUST COMPANIES-NATIONAL DL5bursed Slate Alabama •••.•...•..••.••.••••••..•.••.• Alaska •• ••.• •.••.••••••......•.•••..•. . Aritona .•......•...••••......•.••...... Arkansas •••.....••••••.•.........•..••• Calirornla . •••..•••••••. ....•• •...•••••• Colorado •....•.••.•..•.....•........••. Conneclicit .•..•...•••... ....•......•.. Delaware . ........••..........•...•.••. District or Columbia .••..........•..••. Florida .••..••••••.................•••. Georgia ••.• •...•••....•............•••. Idabo .••••••..••.••.........•.•.....••• Illinois •.••••.•••..•••...•.......••.•••. Indiana •••.•••••..•..••..••.•..•••••••. Iowa ..••.• •. ••....•.....•.... ••. .•••.•• Kansas ...•••... ....••••••••••••••.••••• Number or banks and trust com• panles! Outstanding Amount 26 $10, 996, 800. 00 Wyoming •••••.•••••••....•••.••.••...• 35 56 10 37,500.00 1. 540, 000. 00 l, 555, 000. 00 19,899,925.00 4. 118,500.00 3, 723. 426. 00 137,300.00 I, 100,000.00 1,330,000.00 1,722,500.00 I, 090, 000. 00 83,680,114.17 7, 188, 500. 00 6,447,500.00 2, 282, 500. 00 3, 397, 350. 00 4, 400, 000. 00 2. 610, 000. 00 2, 728, I 70. 00 10, 723, 200. 00 20, 400. I 60. 00 13,647,525.00 2. 652, 650. 00 8,517,125.00 1. 511,000.00 5, 834, 950. 00 175,000.00 651,635.00 29, 449, 435. 82 410,000.00 129, 360, 605. 83 l, 905, 000. 00 2, 410, 500. 00 35, 300, 737. 00 10, 874, 000. 00 890, 000.00 20. 478, 736. 50 648.500.00 1, 505, 000. 00 2. 954, 100. 00 , 062. 500. 00 23, 293. 625. 00 1,325,000.00 560,000.00 3, 917, 400. 00 125.000.00 2, 740. 000. 00 3, 395, 066. 66 15, 195, 100. 00 702,500.00 Total . ••••.•.•••......•.••••••. ... 2,026 519,501,136. 98 'f:i:~~::::::::::::::::::::::::::::::: Maine .•.•.•••••.•.....••••.•••.••••••• Maryland •.••....••••... . .....•••••.•.• Massachusetts .•.••..••..........••.••. Michigan •.••.••.••••••..••.••......•.• Minnesota •.••.•..•.•••.••...•..•.•.•.• :~~r pl. .•••...•..•.....•.••..•..••• Montana ...••••••....•.•••••.•••••••••• Nebraska .••••....•..•••••••••..•.•..•. Nevada ••••••.•••.••••....••.•.•••...•• New Hampshire •••.•..••••.••••..••••• ew Jersey ..•••.•.••..•••••••••.••••.• New Mexico ••.•.••••......••••.••••.•• New York ...•••.••.................. •. North Carolina ••••............••.••••• North Dakota..••.......•.•••.••••.••• Ohio ..•••..••.....••••...••.••• •••••••• Oklahoma•••.•••.....••••..••.•.•...• •. Oregon •••••...•.......•.....•....•..•.. Pennsylvania .•••.••.••••.........•.... Rhode Island ..•••••...•••.•••..•.••••.. South Carolina .•..•••.....•.......•••.. South DakotA ..••••.•..••............. . Tennessee...•••..•••..........••....•.. Texas •.••••.•.•.•••••.....•........... . Utah ••.•••.....••. •.••...............•• Vermont ••••••.....•...•.......... ..••• Virginia .....•................••... ...•• Virgin Islands ..•................... •••. ~:r~r:~ia:::::::::::::::::::::::::: Wisconsin..•.•..•..••..••.......•••.... 1 3 24 62 32 16 4 2 13 18 g 127 51 47 46 29 15 13 13 43 52 Q7 15 30 20 49 3 8 135 6 240 18 31 83 40 20 199 3 6 27 27 145 9 36 1 23 I Number or banks and trust com• panles 1 Amount• 16 $6, 967, 351. 94 I 46 30 15 4 2 12 14 l, 298, (5(). 00 16. 499,317.30 3, 245, 000. 00 3, 628, 327. 00 137,300.00 1,052.900. 00 995,500.00 1, Oll5, 500. 00 984,250.00 41,167. 63t. 30 3. 999, 4 70. 00 3, 934, 625. 00 1, 004, 750. 00 2, 422. 500. 00 3, 600, 700. 00 1, 532. 425. 00 2. 217,006. 12 7,142.025. 40 15, 745, 699. 00 7, 200, 709. 13 2. 416. 547. 54 2, 416, 375. 00 921,964.52 4, 208, 366. 82 75,000.00 192,135.00 26, 700, 439. 87 395,000.00 24, 342, 481. 16 1. 308, 760. 22 1. 512, 650. 00 21, 353, 152. 88 4, 644, 927. 97 416,500.00 15, 220, 499. 17 -- ------- 640. -------·------2 ------ 1,--329, 00 8 110 40 39 43 25 14 11 12 28 46 68 15 22 16 45 2 5 127 6 200 17 23 73 34 12 180 3 5 22 24 129 7 9 29 1 20 28 49 6 480,000.00 1, 352, 500. 00 2, Oil], 93. 48 7,561,250.00 16,509, 26. 57 994,737.32 452,250.00 1, 870, 275. 00 124,000.00 2,081,930.00 l, 991, 989. 45 12, 77 , 687. 04 404,615.66 282,959,831.86 1,711 BANKS AND TRUST COMPANIES-STATE MEMBER 1 Alabama. ............. . ..............•. Arizona . .......... . . ............... . .. . Arlcamas ..... ......................... . California •••••••••.••••.••••....••••••• Colorado••••• ••••.•••.•.••••.••.•..•••• District of Columbia ..•.•.••••••. . ••••• Florida ••..•.••••••••••••••••••••••••••• Georgia •.••.• ·••••••••••••••• ••••.••••• Idaho ................................ . . Illinois..••.•••••••••••••••••••••• ••••• • Indiana ............................... . Iowa•............................ . ....• See footnotes at end of table, 4 1 5 n 1 1 2 7 4 15 4 6 $3,502. 100. 00 840,000.00 730,000.00 15, 500, 000. 00 200,000. 00 1,000,000. 00 275,000.00 1, 160,000.00 810,000.00 2. 550, 000. 00 1, 230, 000. 00 1,170,000.00 Digitized by 4 ____ .., _________ 5 $3, HI, 613. OIi ----------------·· 637,000.00 4 1 1 2 6 3 13 4 6 Google 4, 620. 000. 00 200,000.00 613,700.00 ~l,47L80 607,600.00 ~68,000.00 2, 085, w~. oo 1,122. 500.00 1,108, 7li0.0Q 73 REPORT OF RECONSTR UCTION FINANCE CORPORATION 8 . -Loans on and purchases · of preferred· stock; and purchases of capital notes or debentures, of banks and trust companies, disbursed from Mar. 9, 1933, to Mar. 81, 1937, inclusive; and outstanding as of Mar. 31, 1937 (under sec. 304, title II I, of the act approved Mar. 9, 1933, as amended)-Continued TABLE BANKS AND TRUST COMPANIES-STATE MEMBER'--Continued Outstanding Disbursed State Number or banks and trust companies N umber or banks and trust com- Amount panies 1 Amount• 1 ::o~rrma---······------·-----··--w yom.ing __ ___ • _••••• -- •• -·. - - - - - -· - - - - 2 77 3 37 1 3 16 4 2 21 12 4 17 5 13 3 $172, 500. 00 2, 125, 000. 00 2, 550, 000. 00 2, 150, 000. 00 2. 300, 000. 00 3, 376, 000. 00 12, ~28, 921. 00 63,000. 00 8, 265, 000. 00 1, 607, 500. 00 101,700. 00 20, 680, 905. 25 32,500.00 127,320, 000. 00 I, 700, 000. 00 37, 162, 500.00 10,000. 00 65, 000.00 10,056, 360. 00 155,000.00 225, 000.00 520,000.CO 1, 590, 000. 00 2, 27 5, 000. 00 2, 030, 000. 00 655,000.00 2, 832, 500. 00 80,000. 00 12 2 $149, 700. 00 1, 307,500.00 1, 625, 000. 00 892,500. 00 2, 069, 87.,. 00 1, 8..17, 811. 26 10, 230, 821. 00 22, 000.00 2, 582, 200. 00 871,250. 00 83,615. 72 16, 203, 278. 08 30,500.00 28, 630, 625. 00 1, 684. 000. 00 25, 826, 400. 00 8, 000. 00 45,000.00 9, 005,707. 42 154, 500. 00 225,000. 00 376,800.00 1,069. 200. 00 1, 923, 380. 00 534, 700. 00 l ~J, 000.00 2, 7vl , 000. 00 54, 982. 94 Total_ •• _•• -·- - ---- ____ __ ____-··- 406 271, 396, 486. 25 320 125,602,916.07 Kansas ............... · ··· · · · ··- -- -- -- -Kentucky-... ·- - - ·- -- ------ - -- . -- -- - . - . Loulslana . ·-· •.• -· - __________ _______ . -· Maille _------- __ -- ·-·--- ----··· · - · ·-- -- .···-Maryland ______ __________ __ --Massachusetts __ -·--------------------Michigan __-·- - -··--··-- -------·-----·~=~ta_-·- ·-··-·---- -- ----- -- ___ ___ Montana---··--· __ --· ·- -- -- -- . - . -·- .... N e~ - --··--------·-- ·-----·-----·· New Jm,ey _. -·----·---·-·--- --· ·-----· New Mexico_-·---·----------····-----New __ --- •• - ----- - ---------NoribYork Carolina ___ •--·-· •. _______ __ ____ ____ Ohio ___ ·-·· •• -- - - - --- - - - - -- ------ -- --- - 011:laboma.. ... .. - - - - ---- -- -- -·-- ----- -- - Oregon.._. -_- - _.·-_-·--···--·-----·------- -----Pennsylvania ________ ____ ___ _ South Dakota______ -----· ___ . ______ __ __ Tennessee _______ ____ --- -- --- - -. -. -- -- -. Texas_. __ -·-·.·--·---·- ____________ ___ . U&ab __. . . _.... _. ____________________ ___ Virginia___ -···-·-· ___ - - -- - - - - --- -- - -___ - - -_ Washington ________________________ 6 4 4 2 4 8 38 4 24 8 3 27 5 3 3 2 4 5 33 1 18 5 3 25 2 47 3 29 I 3 15 4 2 18 11 2 11 4 BANKS AN D TRUST COMPANIES-NONMEMBER• Alabama_ . ___ - _-_- - ••••• - - -. - -- - -. -•. -Arizona_··-·-·-·· __ - -·- - - - - -- -- _. __ ---Arkansas-·--·---·-·--· -···- -- -. -- --- •-California __ -· __ . _•••• - •••• -· - -- --. -·- -Colorado ___ • ___ ••.•• _••• _-·· _____ __-_.. Connecticut---·-········-···-_._ ... -·-. Delaware .. _. ________ ·---·--.·-·-·- .. __ District or Columbia.. ___ --··--··- ___ -· Florida·-·-·····---·-· __ -· .. -···- .. __·-. Georgia._··--···-- __ · -- __ ·- __ ·--.·--· .. Idaho_.-· ••• _. ___ • ___ • ___ . - -- -_•... ·- _. II linois. __ ._ ·-··-- --·- ___ ·-. -. ·- . . _. -- -· Indiana .•.• ·-._._._ .• - - - - -...•.. --_.. __ Iowa _____ ..... _-- -... - - . - -. -. -. -.. - - •- • Kansas.-·-·····-··-- ___ • .• ·-.--···-_·-. f;;:it~;~··-··-·-------·--·---··--·-··· Maine_ •• _.-----·· - __·-·-·-- -· · -. ----- Maryland _________ •• _._._. __ ._-·_._._ -. Massachusetts __ ·--·····-·-··-···---· ·Micbigan_. ··-·-··- · -- -··-·---·-··· ··-· ~;N;c_::::::::::::::::::::::::::: Montana.•. _-·.·-·--· __ ._ -_-_· - ____ -·· _ Nebraska •. . ••• ··--_-·- ___ .----·· . __ . __ Nevada_ .•• ·-·--·-- -- -- ·- ---· ... _. _.. ·New Hampshire_.-·--- ______ --·- ____ . • New Jersey._···-··· · ·-·---···-·-- ---·· New Mexico •••• ·-·-··------··- ---· ---New York __ ---· ------ · --- -···· -··--·-· North Carolina •••••...•. ----·-·----··See rootn otl'S at end or table. 40 1 84 54 23 23 7 4 25 61 II 76 22fi 87 145 80 92 16 48 16 93 156 133 165 29 96 1 I 43 11 159 Ill $1, 354, 675. 00 50,000.00 2, I 19, 000. 00 13, 102, 500. 00 575,000.00 3, 468, 700. 00 430,000.00 800,000.00 571,200.00 I, 9,,3, 000. 00 230,000.00 4,32 1,000. 00 8, 248, 500. 00 2, 630, 500. 00 2, 792, 750. 00 3, 357, 500. 00 8, 562, 000. 00 4, 365, 500. 00 4, ow, 000. 00 2, 5 75, 000. 00 7, 895, 580. 00 3,711,500.00 11 , 630, 500. 00 3, 969, 000. 00 882,000.00 1,97 1, 300.00 30,000.00 100,000.00 23, 841, 675. 00 272. 500. 00 44,005,000.00 3, 858, 500. 00 Digitized by 35 I 79 36 23 23 7 4 25 55 II 59 208 75 138 77 71 16 47 16 84 127 124 156 24 88 1 1 43 9 !JO 98 $1 ,0 15,773. 42 24,966. 57 I, 944, 025.16 10,379,616.67 573,000.00 2, 981, 250. 22 197,000.00 768,000.00 543,383.43 I, 648, 006. 26 230,000.00 2, 994. 250. 00 7, 462, 500. 00 2, IU3, 850. 00 2,525,971.57 3, I 05, 900. 00 3, 261,775.00 4, 329, 792. 76 3, 4 29, 800. 00 2, 566, 750. 00 7, 137,380.00 2, 497, 800. 00 5, 727, 400. 00 3, 390, 729. 24 583,000.00 I, 489,354.21 ~o. ooo. oo JOO, 000. 00 23,440,911.6 1 247. 325. 00 20, 0 J.,, 650. 00 3,456,750.4 2 Google 74 REPORT OF RECONSTRUCTION FINANCE CORPORATION 8.-Loans on and purchases of preferred stock, and purchases of capital notes or debentures, of banks and trust companie", disburaed from Mar. 9, 19SS, to Mar. SJ, 1937, inclusive; and outstanding as of Mar. SJ, 1937 (under aec. 304, title III, of the act approved Mar. 9, 1933, as amended)-Continued TABLE BANKS AND TRUST COMPANIEB-NONMEMBER'-Contlnoed Dishursed Number or banks and trust companies 1 State North Dakota ________________________ _ Ohio __________________________________ _ Oklahoma _____________________________ _ Oregon ___________________ ---·--- ______ _ Pennsylvania _________________________ _ Puerto Rico ____ ---------· _____________ _ Rhode Island _________________________ _ South Carolina________________________ _ South Dakota_________________________ _ Tennessee _____________________________ _ Texas _________________________________ _ Utah __________________________________ _ ~r;~ii~~-________ .____________________ _ Washington ______ ._. __________________ _ ~r:Jo~!t~~========:::::::::::::::::: Wyoming ______ ._. ____________________ _ TotaL __________________________ _ Subscriptions for preferred stock or: Export-Import Bank of Washing- _ ton ______________________________ Second Export-Import Bank of Washington, D. c ______________ _ 97 267 5 30 70 3 1 29 Outstanding Number or banks and trust companies 1 Amount $1, 594, 000. 00 49 333 10 19, 659, 000. 00 50,000.00 995,000.00 15,260,000.00 1, 2m, ooo. oo 250,000.00 1, 266, ROO. 00 1, 329, 000. 00 4,271,550.00 7, 222, 500. 00 1, 080, 000. 00 15, 235, 000. 00 4, 502, 250. 00 1, 294, 500. 00 2,316,000.00 16, 119, 500. 00 585,000.00 3,638 261, 904, 480. 00 88 92 234 21 46 92 M Amount• SI, 463. 000. 00 93 221 5 16, 529, 67fi. 00 50;000.00 909,400.00 26 68 14, 925, 737. 06 975.000.00 3 1 250,000.00 28 709,800.00 874,300.00 4, 046, 550. 00 6, 839, 377. 19 470,000_ 00 74 90 196 16 46 91 62 9 16,001,125.00 4, 100, 162. 60 1, 062, 750. 00 2, 106, 000. 00 11, 815, 500. 00 638,500.00 3,227 200, 958, 788. 29 48 291 20, 000, 000. 00 20, 000, 000. 00 -----------------1 - - - - - + - - - - - - - 1---------------- Grand total _____________________ _ 2, 500, 000. 00 3,640 284, 404, 480. 00 3,228 220, 958, 788. 21> 1 After ellmlnatlng duplications. Boch dnpllcatlons ari,se In C8989 where the Corporation makes disbursements to a hank or trust company under more than 1 of the class111cations under l!8C. 304, title ill, of the act approved Mar. 9, 1933, as amended. · • Amount outstanding Includes repayments unallocated, pending advices, as of Mar. 31, 1937. • Where changes in the status of banks have occurred between the date of authorization and Mar. 31, 1937 (for example, where a bank has changed from nonmember to State member), such banks are distributed In the above table according to their status on Mar. 31, 1937. 9.-Loans authorized (and commitments outstanding as of Mar. 31, 1937) to industrial or commercial business under sec. 5d of the Reconstruction Finance Corporation Act, as amended (including purchases of participatiom, and agreements to purchase participations, in loans), by Bize of loans, from June 19, 1984) to Mar. 31, 1937, inclusive · TABLE Size ofloans Nnmberof Percent of A.mount authloans total orlzed $5,000 under __ -------------------···----------$5,001 and to $10,000, inclusive. _________________________ $10,001 to $25,000, inclusive _________________________ $25,001 to $/i0,000, inclusive _________________________ $50,001 to $100,000, inclusive ________________________ $100,001 to $200,000, inclusive _______________________ $200,001 to $500,000, inclusive _______________________ ·17.6 16. 3 Over $500,ooo ______ . _______________________ •________ 410 355 473 430 328 184 122 26 Total.·-·-- -- ---- ---- - ----- -- ---·------- -···- 2,328 100.0 20.3 18.6 14.1 7.9 6.2 1.1 Digitized by $1, 336, 907. 36 2, 970. 086. 14 8, 770, 1:111. 92 17,065, 1~ 41 25,667, 286. 33 Percent of total 0.9 1. 9 5. 7 11.0 30, 733, 768. 66 16.6 18.2 26.0 19.8 165, 125,031.~2 100.0 28, 308, 976. 82 40, 272, 734. 00 Google 75 REPORT OF RECONSTRUCTION FINANCE CORPORATION 10.-Loans autlwrized (and commitments outstanding as of Mar. 31, 1937) to indmtrial or commercial business under sec. 5d of the Reconstruction Finance Corporation Act, as amended (including purchases of participations, and agreements to purchase participations, in loans) by industries, from June 19, 1934, to Mar. 31, 1937, inclusive TABLE Industry Manufacturing: Food and kindred products: Dairy products ____ ·- __ -----·---·-------- _______ _ Meat and poultry packing __ • ___________________ _ preserving, packing {fish, fruit,_ vege-_ Number of bor• rowers 1 133 ci;;;:;/:;:.~• Bread and bakerles-----·----····-----·---------Flour mlllin!!:---------·-·-----··· · _____________ _ Confectionery.• __ ••• ·--•• _.···-·- __ -· .• -· _____ • _. Animal feeds-------··--·-···········---···---·--· All othel"------------··-·-··-·- ·----·-····-·-···· Total, food products •••••••• ········-····-·--·· Textiles and their products: Cotton goods •• ____ ····--------·---- ___ ---------· Cotton small wares--····---·-----·-------------W oolen goods_._--·-·---·-----·---------·--·--·-Silk and rayongoods ___ ·----------·-------------Knit goods, hosierY---·-----·--------------·-"--Dyelng and finish!ng __________ ·---·-·--··-·-·-··Men's clothing and furnishings._-·---··----··--· Women's clothing and furnishings_. ____ ····---·· Upholstering material, draperles ••• _·--····-·-··All other_·---------·----·····-··-·-··········--·Total, textile products •• 0 . . · - - - - - · · · · · · · · - · · · · Lumber and timber products: Lumber-----·--······--··········-·------·-·---·Furnlt'lle_ •• _•• __ •• _•• _••• _•••••••• _•• _._. ______ _ 49 1. 6 2.3 42 21 32 19 2.0 1.0 1. 5 .9 1. 1 24 2.2 145 265 ~ 37 12 29 26 43 119 21 , 24 '7 30 Amount authorized Percent of total 1.8 .6 1. 4 1. 2 2.1 .9 1. 0 1.1 .3 1. 4 - -248- - -11.8 I $1, 330, 710. 00 2, 484, 004. 94 .8 1.6 1, 506, 045. 16 1.0 803,000.00 896,100.00 1, 095, 500. 00 966,533.33 t I, 643, 700. 00 .6 .7 1.1 10, 725, 593. 43 6.9 6, 728, 183. 33 236,000.00 6, 156, 000. 00 4, 749, 500. 00 2, 667, 500. 00 t 6, 913, 500. 00 1, 322, 750. 00 t 400, 450. 00 t 190, 500. 00 1, 675, 250. 00 3.3 3.1 1. 7 4.5 .9 30, 039, 633. 33 19.4 69 81 28 89 9 16 9 3.3 3.9 1. 3 4.2 4.3 .z .z .1 1.1 11, 131, 750. 00 7.2 2.9 .9 3.1 4, 510, 600. 00 1, 441, 450. 00 4, 832, 753. 81 427,500.00 835,200.00 388,500.00 23,567,753.81 168,000.00 Containers (boxes, etc.)_···········-···-········12 •6 AU other __ -------···--··-··-··-··-·-------··-··-- ___a_5_1--_ _1_._6 1 8,411,350.00 8, 579, 350. 00 Total, paper and allied products·---······-·--·47 2. 2 Chemical and allied products: • Paints, varnishes, and allied prodncts_···-·-·--·· Fertilizers_••• _.··--·--·-·--···---------···-·----All otber ••• ·-····-··-·------·-···------··----···· Total, chemical and allied products..·--······. .6 .3 .5 .3 15. 2 ===,t===== Paper and allied products: AII other __ --···-----··············-·····-·--····· Total, printing and allied products--·--···-··-· .5 ===,[===== Wooden containers ____ ··--·····"···-·····-·-----Millwork, sash, doors, etc •• -----···--·-·---·-·--· .4 Cooperage and cooperage stock-·------------·---.8 Wooden turned prodncts--········--····-····-··· .4 All other _____ ---··-··----···-····----···- _______ _ Total, Iun:iber and ilmber products_____________ --30-1 --14-.3- Pr!n~~a:n<!itt!lfuf~~: ....-·······-···--"----CEngrav!ng, lithographing, etc.._·-·······--------- Percent of total 2.5 63 12 .6 .8 16 -.---8-1 --3-.9- .1 5.4 = .9 1, 344, 250. 00 599. 200.00 179,000.00 .4 .1 1.4 2, 122,450. 00 ===•l===== 18 9 •9 .4 1. 5 2. 8 941,500.00 691,500.00 1, 052, 600. 00 2, 685, 600. 00 .7 1, 476, 000. 00 .5 - - 5831- - - - 5.5 .6 .4 .7 1. 7 15 Rubber products (total).-·····-··········-·---------Leather and Its manufactures: Tanning and ftnlshing ______ ·-·-·--·----·-··-···-· t 10 Leather goods Ouggage, handbags, etc.)_.________ 7 19 Boots and shoes--····-----··-···-··-··---------·· All other-----·······----··-·------··--·---------· •8 Total, leather manufactures ••••••••••••• -•••••• ---«- .4 I 397, 000. 00 682,000.00 1, 37 4, 500. 00 I 123, 095. 32 2.1 2, 576, 595. 32 Stone, clay, and glass products: Stone, granite, slate, etc--·-····-···------------·· 1.6 t 1, 576, 500. 00 .6 2. 7 1.2 7.6 Band, gravel-. - • ·-·-··--····-···-···---········· Brick and tile, etc·-·-····-·----·-··-·----"-·---·· Concrete products ___ ••• __ -···.··-· •••• -·._._. __ •• Limestone products··············-·-·-·-·-··-···· Glass products_··-···········-···--··-···--··-··· Pottery._ •• ··-···_ •••••••••• ···-••••••••••• __ ••• _ All other••.••••...•••••...•...•... ···-·-········ Total, atone, clay, and glass products •••_ •••••• .3 .9 . -==-== I 35 13 56 10 13 13 12 ,u .7 1, 018, 100. 00 3,522,974. 74 526,000.00 1, 915, 500. 00 1, 407, 500. 00 983,800.00 t 859, 800. 00 166 7.9 11,810, 174. 74 .5 .6 .6 .6 1.0 ·= = .3 .4 .9 .1 1. 7 1.0 .7 2.3 .3 .9 .6 .6 =.====l=======•l==== See footnotes at end of table. Digitized by Google 76 REPORT OF RECONSTRUCTION FINANCE CORPORATION 10.-Loans authorized (and commitments outstanding as of Mar. 31, 1937) to industrial or commercial business under sec. 5d of the Reconstruction Finance Corporation Act, as amended (including purchases of participations, and agreements to purchase participations, in loans) by industries, from June 19, 1934, to Mar. 31, 1937, inclusive--Continued TABLE. Number of bor• rowers 1 Industry Manufacturing-Continued. Iron, steel, and their products (excludin~ mschinery): Foundry products (castings, lorgin~s, etc.) ••..•.. Structural and ornamental iron and steel. •.....•• Pipe and fittings .....•....•..••........•..• -•···· Stoves, ranges, furnaces _________________________ _ Hardware, plumbing and supplies .••.......•..... All other ........•.•••••••••....•...•••••••.•••.•. Percent of total Amount authorized Percent of total 1. 7 '$2, 679, 200. 00 37 ). 7 • 2, 386, 600. 00 1, 562, 500. ()(, 12 .6 2, 434, 400. 00 21 1.0 t 17 t 1, 220, 515. 00 .8 t 23 t 3, 967, 783. 34 1.1 --·--1·----1·--Total, iron and steel and products •...•••••.•••. 146 6.9 14, 250, 998. 34 Nonferrous metals and their products: Metal alloys and products (brass, bronze, etc.) •.. Metal stampings, stamped and enamelware .•.... All other •............•......•••.................. • 36 I = = 30 I 27 '27 1. 4 1.3 1.3 ' 1, 032, 500. 00 t 2, 050, 800. 00 • 1, 893, 000. 00 1. 3 1. 2 t .7 Total, nonferrous metals and their products.- .. 84 4. 0 4, 976. 300. 00 3. 2 Machinery (excluding transportation equipment): Agricultural implements .•.....................•. Electrical machinery, apparatus. and supplies .•.. General machinery and equipment ..•....•....... Machine tools ..........................•......... Pumps and pumping equipment. ......•....•.•.. All other ........................................ . 10 26 25 '18 . 640, 000. 00 2, 116, 900. 00 1, 561, 600. 00 t 868, 000. 00 538,000.00 ' 6, 555, 623. 43 .4 1. 4 52 .5 1. 2 1.2 .9 .4 2.4 .3 4.2 8 J 1.0 .6 Total, machinery ••••......................••.. 139 6.6 12, 280, 123. 43 7.9 Transportation equipment (automobile accessories, etc.) (total) .•••..•...•••••.....••.....•............ 42 2.0 5, 230, 500. 00 3. 4 Wholesale and retail trade: Wholesale trade: Food products .•...•••••••••••••..••••.•....•••.. Hardware, paints, etc ••••••••.•..••.•••••...•.... Petroleum products ...••......•••........••••.... Grain and feed, fuel, ice, etc ...•...••............. Building materials •••........•.•......•.......... All other ••..................•..•..........•..• - .. 29 16 • 12 18 • 22 t 21 1. 3 .8 .6 .9 1.0 1.0 472,100.00 365,300.00 335, 100. 00 863,300.00 • 794, 500. 00 • 436, 000. 00 .3 .2 .2 .6 .Ii •3 118 5. 6 3, 266, 300. 00 2.1 • 12 .6 •43, 950.00 66,650.00 2, 391,000.00 • 100, 005. 00 · 39,900.00 197,660.69 388,760.00 • 138, 500. 00 337,968.74 353,952.86 Total, wholesale trade......................... . Retail trade: Food products ••.....••... ······-·· .••..•.••••••• Hardware, paints, etc .•••......•.•••••.•..•••••.. Department stores .••...••.....•...•.•.•.....•... General stores. •••••...••••.•.•.••••••••.•••••.••. Drug stores .. ······························-····· Auto sales, service stations ......••..•.•••.•.•..•. Grain and feed, fuel, ice, etc•••...••.•••••.••••.•. Building materials •.•••.••.•..••......••••••••• -. Furniture.•.......•.•.•..••.•.•.......••••••••... All other.-•...•.•••••.•.•••.•.....•...••••••••••. Total, retail trade••.••••••••.•••...•••••.•••••. All other: Mining: I Coal ..•.•.••••••.•.•...•••.•••••.•.••••••.••••••• All other .•••.•••••.•..••.••••.••.••••••••••••.••. r----1 7 13 • 21 9 24 28 J 10 9 26 .3 .6 1.0 .4 I. 2 1.3 .5 .4 1.3 t .1 .1 .3 .1 .2 .2 4,059,247.29 7.6 159 ===,l====l===== 2.11 6, 226, 976. 50 4.0 1.3 28 I, 979, 500. 00 10 8, 206, 476. 50 Total, mlning·····-·········-·········c-····-··1====38=1===1=.=8=I======= Laundries, dry cleaning (total) ..•••.•.••.••••••• _. __ • 42 2. O 994,600.71 Contracting, etc. (total).............................. • 34 I. 6 t 1, 239, 800. 00 7,037, 534. 72 Not classified (total) ......•.....•••••.....•••...••••• ===7=6=1===3=·=6=I===== Grand total.·················-············-·······- •I I.Ii 2,103 100. O 155, 125, 031. 62 6.3 = .6 .8 4.6 100.0 • Number of borrowers represents the number of applicants to whom loans have been anthorlzed or com• mltments made. • Revised. • Excludes mining loans anthorized under sec. 14 of the act approved June 19, 1934, as amended. Digitized by Google 77 REPORT OF RECONSTRUCTION FINANCE CORPORATION 11.-Loans on self-tiquidating projects, by types of project (under sec. 201 (a), title II, of the Emergency Relief and Construction Act of 1932, as amended) from Feb. 2, 1932, to Mar. 31, 1937, inclusive TABLE BRIDGES Number of Number of Amount author• loans ized authorized· borrowers 11 Amount with· drawn or can, celed Amount dis• bursed Private ...................... 5 9 5 $99, 049, 579. 80 1,729,930. 78 $2, 680, 000. 00 190, 000. 00 $80, 900, 993. 83 1,314,930. 78 TotaL-····--···· ..... 16 14 100, 779, 610. 58 2,870,000. 00 82, 215, 924. 61 Public •••••••••••••••.•.••••• COLLEGE BUILDINGS Public ..•.•••.. •••••·••••••·• I 91 $3. 031. 155. 71 91 I $1. 708. 000. oo I $1,323, 155. 71 DOCKS AND TERMINALS Public ••• _ ••••••••••.•••••••. Private....••••••••••••••••.. TotaL •••....••••••••.. 2 2 $325, 000. 00 $50,000.00 $275, 000. 00 6 6 2, ll8,691. 47 50,000.00 968,691.47 3 1,793,691.47 ------- . -------3 693,691.47 1-----1-----1-------1-------1----- DRAINAGE AND IRRIGATION Private.•.•••••.•.•••........ Public ••••••••....•..•.••.... 11 3 10 3 $9, 339, 000. 00 1,330,000. 00 $2, 188, 400. 00 330, 000. 00 $7, 030, 600. 00 875,000.00 TotaL •••........•••.•• 14 13 10, 669, 000. 00 2, 518, 400. 00 7, 905,600.00 HOUSING (LOW•COST) Private.... ·················· I $12, 187, ooo. oo 31 I $3. 957. 000. oo I $8. 214. 000. oo MARKETS Private••.••....•.•••.......• 1 91 $774, 607. 81 $2, 215, 915. 381 $1, 253, 807. 571 POWER Public.••••.•..•••••••••••••• I 51 61 $24, 665, 964. 371 $1, 764, 69i. 371 $22. 901, 270. 00 PUBLIC AND SEMIPUBLIC BUILDINGS Public ••••••••••• •••·•••••••• I a/ 61 $3, 906. 500. oo I $53, 000. oo I $3, 803, 500. 00 I $1,097,300.00 I $937,000.00 SEWERS Public·-····· ..••••••••••••• , 12 I 12 j $2, 034. 300. oo WATERWORKS I Public ...•••.•••••••••••••••• Private •.•.•••.•••••••••••••• 90 13 81 13 $167, 939, 859. 85 669,340.00 $9,002, 374. 00 434,140.00 $120, 929. 485. 86 135,200.00 Total. ••••••••••••••••• 103 94 168, 509, JY9. 85 9,436, 514. 00 121,064, 685. 86 ALL OTHER 6 6 Private._ ••••••••••••••••••• 1 1 $4. 614,000.00 4, 486, 250. 00 $200, 777. 20 2, 986, 250. 00 ---------------- Total·-··············· 6 6 9, 100, 250. 00 3,187,027.20 4, 413, 222. 80 Public ...•••••••••••••••••••• 1 Includes $4, 413, 222. 80 water districts. Digitized by Google 78 REPORT OF RECONS'.rRUCTION FINANCE CORPORATION 11.-Loans on self-liquidating projects, by types of project (under Bee. !01 (a), title II, of the Emergency Relief and Construction Act of 193$, aa a·m.ended) from Feb.$, 1932, to Mar. 31, 1937, inclusive-Continued TABLE GRAND TOTAL Number of Number or Amount author• loans [zed authorized borrowers Amount with• drawn or can• celed Amount dis• bursed $242, 514. 228. UI 12,007,430.00 Public ..•••••• ··-····--· ..•.• Private_ .•••• __ •• ·-·-•. ·--._. 151 37 139 37 $314. 905,359. 73 24,312,127.63 $18, 7«, 545. 57 9, 151,197.57 TotaL .. - •••..•••••••• 188 176 339,217,487.36 27, 895, 743. 14 25(, 521. 658. 25 12.-Number of borrowers and amounts of loans authorized under aec. 5 of the Reconstruction Finance Corporation Act, as amended (1), from Feb. 2, 199$, to Mar. 31, 1937, inclusive, by size of cities or towns TABLE BANKS AND TRUST COMPANIES A uthorizatlons Borrowers Population or cities or towns in which borrowers are located 1-------1------~--Number Percent or total Under 5,000 .•...... ··-·· •.. ·-···· ......•.•••••.••••.••. 5,000 to 9,999 ..•..••.•.•••.•.••..•..•••••.....•.•••.•••. 10,000 to 24,999. _•.•.•••.•.•.•.•.••.••..•••••.•.•.•••••. 25,000 to 49,999 ••• ·······························-······ 50,000 to 99,999 ..•.•...•••.•••.•....•.•.•.•.•.•.••..••.. 100,000 to 199,999. ··············--········•··· ••••.••.•. 200,000 to 499,999 •• _·············-····· .•.•••.. ·••·•···· 500,000 to 999,999 .• _··-··-···---··· •• ··-· •••..•• ····-· •. 1,000,000 and over·---·-···----··-·-·-········-········· 6, 159 502 106 70.0 8.0 7. 4 3.5 2.9 2.3 1. 4 146 2. 0 Total_.·-·-··-----· ·-----·· ·-----··-··-·-······ · · 7,367 /\43 2.55 212 lf,6 188 Amount Percent of total 13.3 2.6 $328, M5, ~I. 19 127,702,421.86 193,473,347.02 14.5, 8Sl, 847. 41 283, 106,387. 70 224, 499, 845. 90 240, 952, 697. 68 448, 133, 240. 11 470, 178~666. 51 100. 0 2,462,463,535.38 100.0 h. 2 7.9 11..9 11.6 9. 1 9.11 18. 2 19.1. TOTAL, SEC. 5 OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED! Under5,000 .•••..•.. ·-·--··················-··········· 5,000 to 9,999. ··-····-·--···························-··· 10,000 to 24,999... ...••.•••.••••.••. •.•..............•.. 26,000 to 49,999 ••• ················-·············-······· 50,000 to 99,999 .. ··-·--····--····-···········-----· .... 100,000 to 199,999. ...................................... 200,000 to 499,999 •••••••••••..•...•••• ·-················ 500,000 to 999,999. ••••..••.•...•.••••.•••...•.•..•.•.••• 1,000,000 and over...................................... Total ••• ·----··-·-·-·····-·······-··-·········--· 5,472 703 746 428 390 282 370 319 311 60. 7 7. 8 8. 3 4. 8 4. 3 3. 1 4.1 3. 5 3. 4 $365.~. 754.93 140,259,804.66 227,563,347.11 184,691,805.52 350,070, 132. 19 278,020,568.19 415,313, 27a, 36 631,834,800. 28 679,504,618.85 lL 1 "- 3 7. O II. 6 10. 7 8. 5 12. 7 19. 3 20. 8 9, 021 100. 0 3,272, 267,105.09 100. 0 1----+----1-------1---- 1 Exclusive or railroads, regional agricultural-credit corporations, Federal land banks, and Federal intermediate credit banks. Digitized by Google 79 REPORT OF RECONSTRUCTION FINANCE CORPORATION 13.-Nama and compen8ation of directors, officers, and employees of the Reconatruction Finanu Corporation receiving from the Corporation more than $400 per month, as of Mar. 31, 1937 TABLE WASHINGTON OFFICE Salary per month Title Name Jones, 1esse H.... .. . ..•.••.••••.•• .•. . ••.••... Chairman••••••.•••••••••.•.••••••••.•••.••. Henderson, C~les B............. ............ Director ••••••••••••••••.••••••.••••.••...•. Merriam, C. B •••••••••••••.••••••••••••.••....•••• do ••••••••••••...•.••.......•••...•••••• .SChram, Emil •••••••••••••••••••••••••.••••••..•.•• do .•••••••••••....••..••.•..........•... Taber, Frederic H ••••.••••••••••••••••.••.••••..•.. do .•••••...•.••••..•••••.••••••••••.••.. Talley, Lynn P •.••..•••••••••...•.•••••••••.. Assistant to the drectors •••...•.•••.••..••• _ Alley, James B. ••.•••••••••.••.• ...•.• ••••.••• General counsel •..•.•.•...•.••.••••••••...•. . ·.: : : : : : : : : Clay, Ca.ssius M .............................. iAssistant general counsel.. •••....••.•....•.. =F~::r~::========================= :;B-=================================== Corcoran, Thomas 0.......................... Special counsel•••••.••••••••..•..••.•.•..•.. Eli~!:~,~:::::::::::::::::::::::::::::: ~,~~~~~t Barriger, J. W., IlL •••••••••.••••.••..••.•.••. Chief examiner, Railroad Division •.. ·-·-··· Brownell, R. A .•...•......................... _ Husbands, Sam............................... Mandeville, Charles H. W ••••••••••••••••••.. Murchison, Frank M......................... Chief, Agency Division ..•.•••••••......••.. Chief, Examining Division.•..••.•••....•... Chief, Industrial Loan Division. •••......... Special representative •.•••.••••••••••..•.•.. lu~::.·1!n:tiiaii·F::::::::::::::::::::::::: i~~n:~~~~~~:::::::::::::::::::::::::::: Taylor, R. J................................... Assistant Chief, Agency Division •.......... Klos.sner, H. 1 ................................. Assistant Chief, Examining Division••..•.•. ff]~!}~ F .............................. -Ad,Ynistrative a.ssistant .••••.•••••••....•• _ <::ostello, W. C •••.•••.••••..•••••••.•..••••.. _ Assi~tant to the Chairman ••..••..••.......• -Oriffln, D. B.................................. Assistant treasurer •..••..........••••..••••. Dougherty, J. L •...•••••...•••.•.•...•••..... _ Assistant general counsel.. •..•.••••..••.••.. f~t;r!~.~!:t:":=:::::::::::::::::::: :~ii~i~~~~i~i ;~::::::::::::::::::::::: Johnson, W. 1. .•••••••••...••••.••••••..•...•. Assistant Chief, Examining Division ..•.... _ Ribenack, W. C •..•.•••...•.••.•.•••••••••.......•. do .. ·································-·· Marffeld, C. Howard.......................... Assistant Chief, Industrial Loan Division •• _ Macartney, Morton........................... Chief engineer ••••.••......•.•.......•...... Keenan, Frank J •••••••••••• ,................. C~f~~_Drainage, Levee and Irrigation Divi· Sullivan, William W ••••••.•••••••••••..••..•. Allen, Ronald H.............................. Wilson, J. C .••.••••••••••••••••••••••••••••••. Kuehl, Frank W.... .. . . . . . .. . •. . . .. .. .. . . . .• . !%It&;-:.============================ $833.33 833.33 833.33 833.33 833. 33 11,041.67 1,041.67 833.33 833.33 833.33 833.33 833. 33 833.33 833. 33 833.33 833. 33 833. 33 833. 33 833.33 833.33 833.33 833. 33 800.00 791. 67 791. 67 791.67 791.67 750.00 750.00 750_00 750.00 750.00 750.00 750.00 708. 33 708. 33 708.33 708. 33 708. 33 Examiner •••.•.•••••.•••••••••.•..•.•••••••• Assistant secretary•.••..••...•.•.••.•••.••.. Assistant Chief, Examining Division. •.•••.• Counsel. ..•.•••••••.•••••..•••......••••.•.. ~f~rr.~:~~ ========================== Shaver, Clem................................. Special assistant to the directors .••••.•...•. ~~~fl.:e!~'wlfiTaici"ii:" •••••••••••••.•..•••..•.••• Ass~tant treasurer ....••.••••••••..••••.•.. _ -Ohadduck, Harry W. •••••••••••••••••••••••.. Administrative Assistant, Agency Division_ Parks, Thomas E •••••••••••••.•••••••••••••••....• do .... ·- ...•........•.....•....•........ Elliott, David C. -················ ••••••.••• .. Chief, Statistical and Economic Division•••. Parrish, Joel R................................ Assistant Chief, Examining Division••.•.•.• Berrett, R. W.. •••• •• • • •••••• •. •••••• ••• . • • •• Examiner •••••.••••.••..•.......•••••••••. _. J'raser, J. A .....••••...•••.......•.. ........ -.... do ••..••••••.•••...•....•••.••••.•.•.... \foore, Milton K .••••.••••••••••••••••••••..•••.• do ••••.•••.•.••.••••••••..•.••••••...•.. Persons, Henry Z ••••••••••••.•••••.•••.•.•••••...• do•••••.•.•.••••••••••••••• · ••••••••••••. Ronan, Frank T ••••.•••••••••••••••••.•••......... do .••.•...•...•.•••••••...•.•.••• -..•.•.. Dodds, Chauncey Y •••••••••••••.•.•••••••••.. Chief examiner, Drainage, Levee and Irr!• gation DI vision. Grantham, J. P. •• .•.•.•.•••.•................ Assistant chief auditor ••••••.•.•..••••.•.•.. Hoyt, James A •••••••••••••••••••••••••••••••• Assistant to Mr. Merriam ..••••.•.••••••.•.. Greer, Frank H •••••••••••••••••••••.••••••••• Special representative ..• •-·················· Ke}·es, Paul C •••••••••••••••••••••••••••••••••.•.•• do .••••••••.....•••.•.•..••••••.•.•.•...• Watson, William P •••••••• ••••••••••••••••••.• Examiner •••.•••...•.•.•.••••••..•••.•.•.•.. Goertner, Francis B........................... Counsel. .•••••.•.•.•.•••••.•••••.•.•.•.•.•.• Wri2ht, Charles M •••.••••••.•••••.•....••.•...•... do ....•.............•...•••••.•.•.•.•.•.. Smith, Charles A.............................. Assistant chief auditor .. ············-···-·-· Rossman, Richard............................ Examiner •••.••..•••.•.......•.••••••••. _. __ Davis, Thomas H •.•••••••••••••••••••••••••••.•.•. do •••••••••••.•..............••.•.•••.•.• Johnson, L. E............. . .................... do •.•.•••.•..... ·-··--·····-·-··········· • On leave of absence without pay, Digitized by Google 708.33 666. 67 666.67 666.67 666.67 666.67 641. 67 633. 33 625.00 625.00 625.00 625.00 625.00 625.00 625.00 1125.00 625.00 625.00 625.00 625.00 625.00 MS.33 583.33 583. 33 583. 33 583.33 583. 33 583. 33 566.67 566.67 562. 50 562.50 80 REPORT OF RECONSTRUCTION FINANCE CORPORATION 13.-Names and compensation of directors, ojficertJ, and employeea of the Reconstruction Finance Corporation receiving from the Corporation more than $400 per month, as of Mar. 31, 1937-Continued TABLE WASHINGTON OFFICE-Continued Name Title Knarr, M. W ---------------------------------- Assistant to the secretary. _________________ _ Young, R. D ________ -------------------------- Administrative assistant. __________________ _ Armistead, Robert P __________________________ Examiner __________________________________ _ Boggs, Verner ______________________________________ do ______________________________________ _ Cloninger, C. W ____________________________________ do ______________________________________ _ Griffin, Charles N __________________________________ do ______________________________________ _ Howard, Ernest B _________________________________ do ______________________________________ _ Lawrence, Donald E _______________________________ do ______________________________________ _ Lewis, Charles B ___________________________________ do ______________________________________ _ Mielenz, Louis M __________________________________ do ______________________________________ _ O'Bleness, E. J _____________________________________ do ______________________________________ _ Seabury, R. M ________________________________ _____ do ______________________________________ _ Seeley, Harold J ____________________________________ do ______________________________________ _ Stafford, Bayard c _________________________________ do ______________________________________ _ Strong, Albert L __ . _---------------------- ---- _____ do ______________________________________ _ Toole, J. E ________________________________ ---- _____ do __________ ----·-----------------------Wadden, Thomas A _______________________ ---- _____ do ____________ • _________________________ _ Ward, Maxwell ____________________________________ do ______________________________________ _ Drager, Walter L_____________________ _____ ____ Engineer ___________________________________ _ Norton, Jobn E ____________________________________ do ______________________________________ _ Healey, George W ------------- __ ___ __ _________ Special representative ______________________ _ Blair, Smith___________________________________ Examiner __________________________________ _ Clayton, Laurance J ________________________________ do ______________________________________ _ Dickinson, R. G ____ -------------------------- _____ (lo ______________________________________ _ Gale, George J _________ ___________ _______ __ ____ CounseL. __________________________________ _ Glueck, Nathan H ________________________________ _do ______________________________________ _ Stansfield, Edgar A ___________________________ _____ do ______________________________________ _ Galt. Alexander B _____________________________ Assistant secretary _________________________ _ Hoeltzel, Lloyd c _____________________________ Assistant to Mr. Taber _____________________ _ Kannee, Ilenry M_________________ _____ ___ ____ Liaison representative ______________________ _ Merritt, Arthur B _____________________________ Administrative assistant, Agency Division __ Beck, W. C., Jr_------·--·-----------------·-- Chief accountant_ __________________________ _ Lescallett, George A ___________________________ Chief, Authorization-Cancelation Section __ _ Farrell, Edward A ____________________________ Supervising accountant_ ___________________ _ Oddie, Tasker L _______________________________ Special field representative _________________ _ Roper, James H ___ ____________ ________________ Supervising engineer_----------------------Rait, Donald M _______________________________ Engineering examiner ______________________ _ Henry, Heber_________________________________ CounseL • _________________________________ _ McCarthy, Arthur F -------------------------- _____ do __________________________ c___________ _ Rosenwald, Harold _________________________________ do ______________________________________ _ Wilson. Robert G __________________________________ do ______________________________________ _ Wolford, Albert M ____ _____________________________ do ______________________________________ _ Giddings, William C __________________________ Examiner __________________________________ _ Jenkins, Hugh Powell ___________ ---- _______________ (lo ______________________________ • _______ _ Mack, Bryan _______________ --- _____________________ do ______________________________________ _ Peery, Robert W _______________ --------------- _____ do ______________________________________ _ Robertson, Hilton W ____________ -------------- _____ do ______________________________________ _ Rochelle, William J _____________ -------------- _____ do __________________________ ·-----------. Stewart, Adelbert '!' ________________________________ do ______________________________________ _ Talman, Carter ____________________________________ do _____________ ---------------· _________ _ Tigrett, A. K ________ ______________ ---·-·------ _____ do ______________________________________ _ Tracy, Frank T _______________________________ Chief clerk _________________________________ _ Estes, George L _______________ ---------------- Examiner _____ -----------------------------Etheridge, Julian c_ -------------------------do _______ ------------------------------ ___ House, Perry .IL ____________ -----------·------ _____ _____ do ______________________________________ Luce, George P _______________________ --------- _____ do ______________________________________ _ Klagsbrunn, Hans A__________________________ CounseL ___________________________________ _ Livingston, Schuyler w ____________________________ do ______________ ------------------------Joyce, Walter E_ ____ __________________ ________ Administrative assh;tant. __________________ _ Shepard, Guy B_______________________________ Administrative assistant, Agency Division __ Burrowes,William Alfred D ------------------------ Examiner_---------·-·------·_____________ __ ________________________________ do ______________________________________ Henrich, A ___ Hoover, James Q ___________________________________ do _____________________________________ _ Reed, W. Q ________ -- ------------------------- _____ do ________________ ----------------------Snyder, R ______ do _____________ ------------·-------------_ Goodale,T. Robert c_---------------------------___________________ ________ _____ CounseL ___________________________________ Halsted, J. Donald ______ ---------------------Special assistant _____ Coke, William H ______________________________ Special representative-----------------------______________________ _ W. H_ L-------------------------______ Supervising accountant__·-----------------Bladen, Riddel, James _______________________________ Chief, Interest Section _____________________ _ Burton, Roy E ________________________________ Engineering examiner______________________ _ Luther, Forrest________________________________ Appraiser __________________________________ _ Mashburn, L. W __ -----------------·---------- _____ do _____________________________________ _ Worthington, L. s__________________________________ do _____________________ • ________________ _ Edelman, Edward_____________________________ CounseL ___________________________________ _ Gunderson, Harvey J _______________________________ do ________________ ••• ___________________ _ Hill, George H., Jr __ -------------------------- _____ do ______________________________________ _ Digitized by Google Salary per month $541.67 Ml.67 MU7 Ml.67 Ml.67 Ml.67 Ml.67 Ml.67 Ml.67 Ml.67 Ml.67 Ml.67 Ml.67 Ml.67 611.67 611.67 611.67 611.67 Ml.67 611.67 533.33 5:al.83 5:al.83 5:al.83 516.67 516.67 516.67 !rn.00 500.00 500. 00 500. 00 500.00 , 500. 00 500. 00 500. 00 , 500.00 500.00 500.00 500.00 500.00 500.00 500. 00 500.00 500.00 500. 00 500. 00 500. 00 500.00 500. 00 500.00 500. 00 483. 33 m.11 479.17 479.17 m.11 466.67 466.67 466.67 458. 33 458. 33 4,58.33 4.58.33 458.33 458. 33 458. 33 458. 33 458. 33 450. 00 450. 00 450. 00 450. 00 450. 00 450.00 . -!50.00 450. 00 450.00 REPORT OF RECONSTRUCTION FINANCE CORPORATION 81 13.-Names and compensation of directors. officers, and employees of the Reconstru.ction Finance Corporation receiving from the Corporation more than $400 per month, as of Mar. 31, 1937-Continued TABLE W ASRINOTON OFFICE-Continued Salary per month Title Name Bolland, Bernard P., Jr •••...•.•••••••••••.... CounseL..................•...............•• Hutchinson, A. S••••.•.•••••••••••••••••.••••••.•.• do ...................................... . Ward, Peter C................................. Administrative assistant. .................. . Chase, John H ...•...•.•••.•...•...•..••...... Assistant Chief, Statistical and Economic Division. Warren, Frederick H.......................... Engineering examiner .....................•. Collins, JaII'es H ...•.....•...••..•.••.....•... Admin\s!rative !'-85istant, Agency Division .. Robert, F. H.................................. Superv1smg engmeer .....•.....•............ Easley, Robert J.. .......... .................. Appraiser ....•.............•.....•.......... Fletcher, William Meade, Jr ..••.•...•...•.••. Counsel. .........•...........•.......•.•.... German, Charles Z ••••••••••••••••••••••••••••••••• do .••••................•................. Hobbs, William J ..................•....•........•.do .........•.•...•....................... Radner, William ...........•.........•..•.•........ do •..•.....••...•...• _....•.•............ Russell, Lewis C ......•....•...•..•.•...•.......... do ......•.•.....•........................ Stewart, C.H ...................................•.. do ......•.....•.....................••... Stoner, George B ...............•................... do ......•................................ Randolph, Hollins N .....•.................... Attorney •............................•.•.... Baden, James H... ........•................... Examiner ............................•••...• Chatterton, Joseph V ..••.•.....•.......•........... do ....•................................ _. Dawson, Donald 8 ••••••.•••••••••••••••••••••.•••• do ..••.........................•......... Herrman, Herbert J ..•.•.••••..•••••••..••••••.••.• do ..••......•............................ Pendleton, Edmund E ............................. do ..............•........................ Roj?ers, Hatton B .......•.•••..............••...... do ........•.•.............•.....•........ Stafford, D. N ..•.•.....•.•.•.........•............. do ..•.....•....•......................... Willett, William E ......••...•..••.........•....... do ...................................... . Williams, John F .............................. ..... do ...................................... . Ralls. Fronk C .....•...•.............•........ Appraiser ............•...................... Wa!!Iler, "\Yaltor D .................•............... do ............................•.......... Lewis, Mordecai.............................. Engineering examiner ...................... . $450.00 450. 00 433. 33 433. 33 425. 00 416. 67 416. 67 416.67 416. 67 416. 67 416. 67 416. 67 416. 67 416. 67 416. 67 416.67 416. 67 416.67 416. 67 416. ~7 416.67 416. 67 416. 67 416.67 416. 67 (') (') 416.67 LOAN AGENCIES• Atlanta, Ga..: Cocke, Erle............................... Manager ..••......••............••.•.•••••.• $700.00 Chadwell, W. A ........................... Assistant manager .......................•... 416. 67 Reynolds, 0. P............................ Field representative ..•...................... 500.00 Birminghs.m, Ala.: Cottingham, T. 1.......................... Manager ................................... . 600.00 Boston, Mass.: Camey, Joseph P . ............................. do •.......•..•••••..••..•••.....•........ 833. 33 Jones, Ralph B ••...•...•..•••.••.•••.•.... Assistant manager .......•.•.•..•..•.......• 541.67 Hagerty, John J .......•........................ do .................•.....•.•.....•....... 500.00 Me.cLean, Daniel P ....................... Examiner ....•............•...••..........•. 483. 33 Scott, Wliliam N .•..•••••.....•....•....•. Chief examiner........•......•.•.........••. 458.33 Charlott,e,, N. C.: Campbell, John A., Jr.••.••.••••••••••••.. Manager .....•......•.••......•.....•....... 500. 00 Chicago, Ill.: Gallagher, F. D ...••••••••...•••••••.••........ do ....•........••••...........•.••••..... 833.33 Black, Craig 0............................ Assistant manager ..•....•..........•••••.•. 625.00 791.67 "\Valker, Lee............................... Attorney ..............•..................••. Ernst, D. W ....•.••••••.••.••.••••.•..•.. Chief, Loan Liquidation Division ....•••.••• 625.00 625.00 Fordyce, William C •.•.•.•••••••••••...... Examiner .••••...•..•...•••••..••••.••.•.••• 625.00 Mattingly, B. Archibald ...••••••..•........... do ....•••••....•..••.•••...••••••••.•••.• 583.33 Hoel, M. 0 .......•..•.•.••••••••.......... Attorney ....•..••••••••.•••••••.•••••....•.. Gregson, William F .••••••••••••.....•.... Examiner ...••••.•••••••••.•.....•.••....... 541.67 500.00 Boysen, Louis K .......................... ..... do .....•......•.•......••.•.....••....... 500.00 Mudgett, C. F ................................. do .....•........••....••••....•••..••.•.. 500.00 Standish, M. L .....•.•.••••••.•...•....•.. Assistant to the manager..••...••••..... s ••• 475.00 WrJters, Harold 8 ••••••••••••••••••.••••.. Attorney ..•.....•••••.•••...•.•.•.........•• Gill, Charles R............................ Examiner .•....•.•••.••••...••.•...•.•...••. 458. 33 Schaefer, ,valter V. ..•••..••.•••.....•.... Attorney .•.••....••.••..•....••.......•.•••• 433. 33 Kelson, Harvey F ••••••...•....•......•..• Examiner ..............•..•.....•••.•••...•. 416. 67 Tuohy, Arthur •••••••••.•...•••••.....•.•...... do ...•••••..••......•.••....•....••...••. 416. 67 CleveJ·.nd, Ohio: 7111. 67 Gelbsch, Loring L •••••••.••.••...•••••..•• Manager .....•••.•••••••.•••.....•...•••...• 541. 67 Davies, M. c_ ...•........................ Assistant manager ..•..•... -·-·•··-··-······ 541. 67 'Wn<lsworth, J. L ...•••••.••••.•.•..•.•.•••..... do ...•.•........•.............•....••..•. 500.00 KH!l)bCk, Jumes M........................ Chief, Loan Liquidation Division.•.•.••.... • Paid from Jan. 1 to Mar. 11 at salary rate of $416.67 ~r month. Thereafter on per-diem basis, but no payments made from Mar. 12, 1937, to March 31, 1937, mclusive. • Paid from Jan. 1 to Feb. 28 at salary rate of $416.67 per month. Thereafter on per-diem basis, but no J)8yments made from Mar. 1, 1937, to March 31, 1937, inclusive. • F.xc-eJ)t as herein Indicated, attorneys handling legal matters of the various agencies of the Corporation do nvt rec-eive salaries but are paid in the customary wa} according to the character and volume of the work performed and therefore are not Included. 153608--37---6 Digitized by Google 82 REPORT OF RECONSTRUCTION FINANCE CORPORATION 13.-Names and compensation of directors, ojficer11, and employeea of th, Reconstruction Finance Corporation receiving from the Corporation more than $400 per month, as of Mar. 31, 1937-Continued TABLE LOAN AGENCIES •-Continued Name Dallas, Tex.: Glidden, L. B-----·····-······· -········ .. Detroit, Mich.: Coit, Gladding B .... ___ -··············-·-· Hodgson, Reymond J _--··-·-·--··-----··· Nelson, Fred F ___ ... _·-·--···--···-·-·-- ·Massnick, Allred '\V·-··--·--·····--··--·-· Vogt, Arthur H .. _--···-·-···· __ -·----·-·· J'acksonville, Fla.: Farwell, Fred H ... _... ·····-··--------·- ·Xans:os City, Mo.: Hodges, Frank. ___ ... __ ····-··-·------·· __ Powell, David H·-·-····-·-·-·--------···Rice, Carl V... ___ .. ··-· --·-··· -·- --·---· ·Little Rock, Ark.: Jarrett, J. W. _---·-·-·····--·······-··-··· Los Angeles, Calif.: Louf!/fitt•K~~~tor C·-···---···-----···-··-··Abell, J. Fort.._. ___ .. -···--··-··-·-····- .. Humphrey, Lovell M •.. ·--·---·--··-··-·· Minneapolis, Minn.: Maynard, Ben C .. ·-···--···-·-. ·······-·· Power, George C.·-·····-·-··--······----· Nashville, Tenn.: Gardenhire, J. M_ ..... -··'·····- ·- -·-· ··-· Da vis, Lee_-···--·····----·-··--··----···· New Orleans, La.: Buskie, George F ___ . -······-·- --·- .. -····· :Robertson, George W-··-·-·-··--··-·-···O-reen, Justin______________________________ Xnight, M. J-·--·-·-··--····---·-········· Goodman, Samuel L-·······--··--····---· Griffin, James L-·················-··-·-··McCain, H. L-··----·--·····-··-··-·--··-McGaughy, Snowden.-··-·········-··-·-New York, N. Y.: Abeam, Thos. J., Jr·-·----···-··-···-···-· 'Tyree, Young.-···-····-·-·-·----·-··-____ :Smith, Frederick P --··-··--· ····-········Farthing, William J -······--·······--·---Weinstein, Walter H-·--·········--·-····Hannan, Edward A ... ·-···-··········-··Evarts, Effingham._-·--·-··-····---······ Sc_hneider, John Thomas •.. ·······-·-··-·· Xavanagh, Thomas P ············-······-:Barrett, F. H---·······-············--····· :Boothe, David F .... ·················-···· Reilly, Edward J ••••••••••••••••.. ·--- ·-·· Summers, George.·-···-·-··-··-····--··--· Stevens, Harry L. _·········--··--··-····· Frey, Charles L ..••. -·•········---····--·Linn, Henry A __ ---··-········-----·----·· Sutherland, Conrad J .. _. ---·-- --·----··-· Clarke, A. J., Jr_ ___ ·······---·····-······Oklahoma City, Okla.: Eagen, J. c_ .... ··-···-··············--·-· Omaha, Nebr.: Daniel, Herbert s_ -··- __ ····-· .. --·--····· Philadelphia, Pa.: Kiesling. Robert J ..•••. _.. -····· --·····-·Scott, E. Raymond--·---··-·--···-·-····-Amsterdam, Gustave G-··-···-··--·-----Gretz, Arthur A--·---·······-··--·--······ Walton, Henry F., Jr __ ·····--·-······---·· Portland, Oreg.: Slade, E. F-··········-·-······-··········· Richmond, Va.: Gilmer, Henry G--·-···-···-·······-·· ·--· Staples, E. W. _. _. -····-··- -··. -·- -··-··-· Waters, W. Murray···-··········-·-·-···'Salt Lake City, Utah: Smith, Elias A .. ··-···········-·---·-··--· i'lan Antonio, Tex.: Meerscheid t, Otto_ .•••.. -· .•.•.. _.-··· .. ·"'Beep. 81. Salary per month Title Manager ......•.••.•.••.•..... --············ $458.33 _. __ .dO----··· ........ ·····-···-··-······· ··-Assistant manager_···•·-•-·-···-·-·---·-··__ .. _do .. ____ .-···-···-····---···----·--··---· Office counseL_··-····--··-·-··----··-···-·· Examiner_·····-·····.····-·-·······---···-- 7111.87 450.00 416.67 500.00 500.00 Manager .••..... ··-·-········-···-········-- 500.00 . ____ do ____ ._ .. _.. _____ ··-·····--··- .. _···-··· Assistant manager_._--·----·-----····--··-CounseL_ -·- --·-·- --·--··--···-······. -···· 833.33 416.67 500.00 Manager __ ················-·-·····-·--···-·· 500.00 .... _do ___ ······················-··········-·· -··._do·-····-·_-·······················--··-· Assistant manager-···-·········-··········- 500.00 Manager ... -·-·-····--·-········-····-······ Assistant manager··-··-···········-·-·-···- 625.00 460.00 Manager ___ .·- ___ -·-·--·-·-··-·-··--·······Assistant manager __ .···-··-··-····-········ 583. 33 468. 33 Manager _____ ... ----··-·--· ....••. -·-·····-· Assistant manager .. ··-·-···•·····-·-··---·Examiner __________________________________ _ ... __ dO-------···--··-····-···-···-·--··--···· Agency counseL.·-······---················ Examiner--·······-··-···-·-······--·····-·· -.... do __ ······-·-········-····-··········---· __ .. _do __ .. _··········-·················-····· 833. 33 Manager.·-··-········-··················-·· Assistant manager .... -····················· Agency office counseL-···-·····-····--····· Examiner. ____ -·--··.-··-·-·······--·-·-···Special assistant .. ·-··-·········-············ Examiner._.·······-·····-·-·--······-·····Assistant agency office counseL ••••••• _••••. __ ._.do ____ ·-·-···-··-························ Examiner.-·-·····--···········-·-····-···-· Special assistant .•••.••.•••••••..••.•••..••.• __ ... do_·-········-··························Examiner ..•...•••••••.....•••...•••••...•.. Attorney···--·····················--····-··· Examiner_._._··---···--··---·-·-··········· Chief, Loan Liquidation Division ••••• -•.... Attorney ____ ··--··-··--···-··-----·········· ____ .do _______ -·······-······-····--······-·-· Office manager. ... ·-······-··•-············· 833. 33 708. 33 833. 33 4711.17 416. 67 500.00 500.00 458. 33 416. trl 416. 67 416. trl 416. 67 7!11. ff1 750.00 666. f/1 625. 00 625.00 525.00 500.00 500.00 500.00 500.00 483. 33 458. 33 458. 33 416. 67 416.67 Manager---··-·····························- 450.00 .•••. do .•.••. ·-·--··-························· 500.00 . _.•• do _____ ···-···· .. --·-········-··········· 833. 3.'l Acting assistant manager-···············-··· Office attorney_······-··-····--·····-······· Examiner.---··-·-- __ -- --·-·-··--····--····· Acting assistant manager .. -••.•.•••••••••••• 458. 33 500.00 441.67 416.67 Manager ..•.••.•.• ·-······-········-···-·-·· 500.00 .. ___ do .....•. ·-····-···-·········-·-······•-· Assistant manager ___ ····-·-·····-·········· Chief examiner...•... ·•······-·············· 500.00 416.67 416.67 Manager-·········-·····-··-··-···········-· 450.00 •. __ .do ..•.•. -··. -••. -· .••.• --···· --......•.•• 500.00 Digitized by Google REPORT OF RECONSTRUCTION FINANCE CORPORATION 83 13.-Nam/18 and compensation of directors, officers, and employees of the Reconstruction Finance Corporation receiving from the Corporation more than$400 per month, as of Mar. 31, 1937-Continued TABLE LOAN AGENCIES <-Continued Name Salary per month Title San Calkins, Francisco, A. Calif: A ____________________________ _ Manager ___________________________________ _ McCullough, John S., Jr--·-------------·--_ Assistant manager _________________________ _ Hossack, Harry F ________________________ Examiner _______ -----··--- _________________ _ Mo.: St. Louis, Vardaman, James K., Jr __________________ _ Manager ___________________________________ _ Snyder, John w__________________________ _ Acting manager ____________________________ _ Sain, Frank J ___ -------------------------- Assistant manager _________________________ _ $750.00 500.00 500.00 833. 33 708.33 450.00 14.-Statement of cash receipts and expenditures during the first quarter, Jan. 1, 1937, to Mar. 31, 1937, inclusive (Corporation's accounts with Treasurer of United States) TABLE Cash balance at the close of business Dec. 31, 1936, as per the books of the Treasurer of the Corporation ____ --------------------------______________________________________________ Add: Checks issued prior to Jan. 1, 1937, canceled subsequent to Dec. 31, 1936_ Corr&'tions of errors reported to the treasurer subsequent to Dec. 31, 1936 ___________________ ----------------------------- ----------------- $5, 788, 4Zl. 01 $3,166.83 79,747.29 Adjusted cash balance at the close or business Dec. 31, 1936 _________________________ _ Receipts: Sale of notes_----------------·------- ----------r-------- ____ __ ________ $70,360,000.00 Repayments on loans: . To banks and trust companies (Including receivers)_ $23,355,832.67 To credit unions___________________________________ 63,401.81 To building and Joan associations (including re360,473. 70 T~~e;~ce compani,es ____ -------------- ________ _ 300, 139. 77 To Federal land banks____________________________ _ 10, 150, 969. 61 To joint-stock land banks _________________________ _ 102, 116. 13 To livestock credit corporations ___________________ _ 56,336.86 To mortgage loan companies ______________________ _ 13, 170, 489. 43 To agricultural credit corporations ________________ _ 103,516.33 To rdilroads ___ ---------------------------_______ __ 5, 620, 668. 32 To fishing industry _________ , _____________________ 18,500.00 To industrial and corrurercial business ___________ ._ 3,570,890. 61 To mining, milling, and smelting business ________ _ 82,716.49 On assets of closed banks _________________________ _ 89,859.83 For self-liquidating projects (par $91,049.56) __ . _.. __ 91,049.56 For repair or reconstruction of property damaged by earthquake, etc.: Under sec. 201-a, act or July 21, 1932, as amended 94,898.61 Under act of Apr. 13, 1934, as amended: Industrial and commercial business _______ _ 22,961.49 Other ______________________ .. _______ .. _._._ 23,706.66 For financing the carrying and orderly marketing of agricultural commodities and livestock produc• ed in the United States: Commodity Credit Corporation ______________ _ 55,748,933. 16 Other __________ -· ____ -- --- --- -- . - . - ... --- -- -- -• 234,742.08 To drainage, levee, andi.rrigation districts ________ _ 68,212.96 Secured by preferred stock: Insurance companies___________________________ 1,235,050.00 Banks and trust companies____________________ 697,759.70 115, 263, 225. 78 Preferred stock, capital note and debenture retirements ______________ _ 25, 343, 077. 40 Relief disbursements (1932 act) repaid ________________________________ _ 6, 354, 500. 00 Preferred stock installment sales contract_ _____ • _____________________ _ 127,529.92 Sale of securities purchased from Federal Emergency Administration 12,636,027. 76 of Public Works-----·--------·--------·-------------·-------------l'unds of5, 000, 000. 00 The RFC Mortgage CO---·-·---·-·-----·-·--·----------·--------Disaster Loan Corporation ____________ .• -· __ --··---- ___________ --· 1, 999, 000. 00 1, 600, 000. 00 Export-Import Bank of Washington_----------------------------· Interest and discount collected __ ----------------------··-------------- 11, 830, 932. 84 D(vide_nds col\ected_____ on preferred stock purchased (including interest on_ mtenm receipts) -· ________________ . ___________________________ 7, 403, 703. 78 Interest collected on capital notes and debentures ____________________ _ 2, 795, 645. 68 670. 48 Accrued interest on notes sold __ -----------------------------------·-Premium on sale of securities purchased from other governmental 308,013.28 Re'1:i%~fsable expense collected ______________________________________ _ 304,710.47 Repayments on advances for care and preservation of collateraL •• ____ _ 1, 311, 000. 16 2,321.31 Collections on collateral (cash collaterall----·-··-·-·--·--·---·--·-··-· Digitized by 82, 914. 12 5,871, 341. 13 Google 84 REPORT OF RECONSTRUCTION FINANCE CORPORATION 14.-Statement of cash receipts and expenditures during the first quarter, Jan. 1, 1937, to Mar. 31, 1937, inclusive (Corporation's accounts with Treasurer of United States)-Continued TABLE Receipts-Continued. Liquidation of collater elpurchased_______________ _______ ______________ $409,620. 73 Funds held as trustee !or series A notes of Commodity Credit Corpora• tion ________________________ ...•• -·--··-··- _____ . __ -· ___ ···- ·- ___ ••.• 625,312.68 Remittances held in suspense_··-···-·-·-·-·-----·---·-·---·-----·--·· 17, .548, 226. 20 Unallocated, pending advices __ --·----- _______ .. ___ --··--·-·-·---····· 3,638,853.40 Miscellaneous (including amounts credited in error) ...... ·-···-·-·--·· 64,670.87 - - - - - $284,927,042. 74 Expenditures: Retirement of notes---·-·-···-·---·-··········-······················· 120, 900, 000. 00 Loan disbursements: To hanks and trust companies (including receivers). $3,887,013.64 To insurance companies __________________________ _ 155,921.66 343,087.85 To joint-stock land hanks .. ---·-·······-·······-··· To mortgage loan companies ______________________ _ 9, 846, 423. 07 11,875.00 To fishing industry ________ -------·--·-·······---To industrial and commercial business ____________ _ 3, 87Y. 048. 11 To minir1g, milling, and smelting business ________ _ 204,000.00 40,573.66 On assets of closed banks_-··-·-----·-········---·· For self.Jiquidating projects (par $13,621,000) ______ . 13, .546, 896. 92 For repair or reconstruction of property damaged by earthquake, etc., under act of Apr. 13, 1034, as amended: 63. 950.00 Industrial and commercial business ... •-·-··--· 82,121.84 Otber ___ ···--···--- -------------------- ____ ---· For financing the carrying and orderly marketing of agricultural commodities and livestock produced in the United States: Commodity Credit Corporation_·····--······· 36, 715, 621. 27 3f,3, 717. 09 Other..- __ --·······-·- - - - -· - ---- ·-· - . - --· .... -· To drainage, levee, and irrigation districts ________ _ 3,531,448.03 53,420.47 To public-school authorities _______ ·---········--··· 498,000.00 To Rural Electrification Administration._ ........ . 73, 223, 118. 61 Purchases of preferred stock and cpaital notes, banks and trust com• 2, 035, 000. 00 parries_ •. ·-·---·-·-·-·-· - --·· ... -·- - - - - •- - -··· -··· ·· - - -· ····-·---·-5, 000, 000. 00 Purchase of stock of The RFC Mortgage Co_················--···--·· 2, 000, 000. 00 Purchase of stock of Disaster Loan Corporation._···-·-------·----···· Purchases of securities from Federal Emergency Administration of Public Works_····--····-···-·-···-···········-------------··-······ 15,485,981.82 2, 465, 734. 32 Withdrawal by The RFC Mortgage Co. of funds held for It._ ...•.•.. 109,015.10 Withdrawal by Disaster Loan Corporation of funds held for it .•.•.•.. Allocations to other governmental agencies: To Secretary of the Treasury for purchase of stock of Federal home.loan banks .....•••••...•..• ·-···-·· $2,136,700.00 To Federal Housing Administrator ...... ·-·····---· 4,000,000.00 For expenses, regional a~ricultural credit corpora• tions (under Farm Credit Administration) .•.. ___ • 247,000.00 For expenses, Federal Emergency Relief Adminis• tration_····-····························-· .. -·-··· 341. 76 6, 384, 041. 76 1, 043, 649. 73 Advances for care and preservation of collateral .•.•....... ······-·-···· 9,472.81 Collateral purchased •• ·-·-··- ..•..•.... _._ .•............. ______ • - - ...• 59,757.71 Advances for care and preservation and expense of collateral purchased_ 386,739.69 Refund of interest and dividend overpayments._·····-·-············· 1,650,000.00 Release of cash collateral (Commodity Credit Corporation)_ .•. ·-····· Release of funds held as trustee for series A notes or Commodity Credit 35,665,414. 77 Corporation_ ......... _._ ... _.......•........•.. -· - -••.•...........• 4, 119,078. 55 Release of funds held in suspense ..•.•..........•.• _.•.•...•.......••• 14, 518, 393. 40 Interest on notes_._.-··-··-·········-···········-·-··-··············-· 318,047.05 Accrued interest on securities purchased_···-···············-···-·-··· 7,806.71 Furniture and llxtures ............ ·--·······-························· Expense: 1, 102, 500. 00 General._-·········-··············· ......•••••••.......•.......••• 926,154.09 Loan agency•.....•••..•... _.•.•...•........••.•••.•...•........•• 31'8, 607. 84 Custodian .........•...•.•.•••.•.•....•.•.••.•.. _......•....•.•.•• 342,731.34 Reimbursable expense_·--·····-·········· ...•...•.. -·····-···-·-·--·· Miscellaneous (including refunds and adjustments for amounts cred• 181,888.94 ited in error) ••...•.•.•••••••.•••••••••..•••••••.....•.....•••••••••• ------ 290, 798, 383. 87 288, 303, 225. 14 2, 495, 158. 73 Cash balance at the close or business Mar. 31, 1937•••••••••.•••••••••••••••••••••••• NOTE.-In addition to funds on deposit with the Treasurer or the United States, custodian banks and trustees held in suspense funds which amounted to $281,271.84 at the close or business Dec. 31, 1936, and $311,595.99 at the close of business Mar. 31, 1937. Digitized by Google 85 REPORT OF RECONSTRUCTION FINANCE CORPORATION TABLE 15.-Statement of condition as of the close of business, Mar. 31, 1937 ASSETS 'Cash on deposit with Treasurer or United States ______________________________ -------- __ Funds held in suspense by custodian banks and trustees __________________________ -----Petty cash funds, travel and other advances ___________________________________________ _ 17. S. Government securities {par) ___ . ________________________________________________ ._ Allocated for expenses, regional agricultural credit corporations prior to May 27, 1933 1__ _ Allocated for expenses, regional agricultural credit corporations since May 26, 1933 (under Farm Credit Administration)•- ______________________________________________ --------Allocated for Federal Emergency Relief Administration (1933 Relief Act) ______________ _ Allocated for Federal Emergency Relief Administration (under Emergency Appropriation Act or 1935) •---- _______________________________________________________________ _ .Allocated under Emergency Relief Appropriation Act or 1935 '-------------------------Allocated to Secretary of Treasury•----------------------------------------------------Do.•-------------------- -----------------------------------------------------------_rnocated to Land Bank Commissioner'------------ ____________________ $300,000,000.00 Less, reallocated to Federal Farm Mortgage Corporation________________ 55, 000, 000. 00 .~!located to Federal Farm Mortg"!(e Corporation ______________________________________ _ Allocated to Federal Housing Administrator'---- _________________________________ . ___ _ .Allocated to Secretary or Agricultures __________________________________ $200,000,000.00 Less: Reallocated as capital regional agricultural credit corporations ____________________________ $44,500,000.00 Rea\lo_csted_ to Governor of Farm Credit Admw1Strat1on_ ____ ____ ___________________ ______ 40,500,000.00 - - - - - - - 85,000,000.00 Capital regional.agricultural credit corporations_________________________ .~llocated for revolving fund (capital regional agricultural credit corporations)_______________________________________________________________ 15,000,000.00 $2, 495. 158. 73 311. /i95. 99 20,715.36 2, 797, 000. 00 3, 108, 278. 64 13, 268, 500. 00 500, 000, 000. 00 500, 000, 000. 00 500, 000, 000. 00 124,741,000.00 200, 000, 000. 00 245, 000, 000. 00 55, 000, 000. 00 50, 000, 000. 00 115, 000, 000. 00 29,500,000.00 Allocated to Governor Farm Credit Administration ___________________________________ _ Stock: Commodity Credit Corporation, purchased ______________________ ----- ____ ----- ____ _ Disaster Loan Corporation, purchased ______________________________ ---------------Relief (1932 act): Advances to Governors of States and Territories, pro-_ C<'edsauthorizations disbursed ______________________________________________________________________ Interest on notes issued for fund.• for allocations and relief advances_____________________ _ Relief authorizations (1932 act): Advances to municipalities and polltiool subdivisions including Puerto Rico, pro• reeds disbursed (less repayments) _______ -----·-----------------------------------Loans under sec. 5: . Proceeds disbursed (less repayments): Banks and trust companies•-------------- ______________________ $178. 315,859.43 Credit unions___________________________________________________ 226,251.58 Building and loan associations•-----------------------·---------2,096,363.89 Insurance companies ________________ ---------------------------3,862,503. 20 Federal land banks_____________________________________________ 14,517,420.09 Joint-stock land hanks _______ ----------------------------------1,962,745.91 LivPstock credit corporations___________________________________ 324,834.81 Mortgage loan companies•-------------------------------------- 126,330,055.10 Agricultural eredit corporations_________________________________ 44,272. 72 Railroads (including receivers)---------------------------------- 340,367,222.44 Fishing industry________________________________________________ 537,711.69 44, 500, 000. 00 40, 500, 000. 00 97, 000, 000. 00 2, 000, 000. 00 280, 025, 518. 00 22,361,015.90 Q, 202, 693. 00 668, 585, 249. 86 Proceeds not yet disbursed: Banks and trust companies•-----------------------------------Building and loan associations•------------------------------- __ Joint-stock land banks _______ . __________________________ --- ----Mortgage Joan companies•-------------------------------------Agricultural credit corporations _______________ ----------_ --- ___ _ Railroads ________ --------------------------------------- -- ---- -Fishing industry ____________________ --- ----------- ---------- __ -· 40, 076, 215. 05 921,017.93 1,572,912. 15 84, 571, 735. 69 80,727.28 5, 000, 000. 00 60,125.00 132, 282, 733. 10 Loans to industrial and Oess commercial business: Proceeds disbursed repayments) __________________________________ ----- _________ _ 63, 493, 487. 65 Proceeds not yet disbursed _____________________________________ -----·- _______________ _ 28, 594, B7. 30 Loans to mining, milling_, and smelting business: 1, 458, 78.1. 51 Proceeds disbwsed Oess repayments)_-----------------------------------------------Proceeds not yet disbursed ________________ -·---- __ --··------ _________________________ _ 5, 967, 000. 00 Loans on assets of closed banks: 1, 259, 805. 47 Proceeds disbursed Oess repayments) - ---- ----- --·---- -- -- - --- -- ---- --- ------- -- -- ---619,487.88 Proceeds not yet disbursed __________ -- ____ ----- ------- -- __ ---- -- _- ---- -- - - -• --- - -----Loans and contracts for self-liquidating projects: Proceeds disbursed (less repayments) (par $202,281,596.50) ____________________________ _ 199, 772, 115. 41 Proceeds not yet disbursed (par $56,954,500) __________________________________________ _ 56, 800, 085. 97 Loans for repair or reconstruction of property damaged by earthquake, etc.: 8, 723, 782. 97 Proceeds disbursed (less repayments) _____ ------------------------------ _____________ _ l, 617,410.18 Proceeds not yet disbursed ____________ --------------------------------------- ________ _ Loans under sec·. 201-c, for financing sale or agricultural surpltLses in foreign markets: Pro"'-'<'<ls disbursed (less repayments) ______________________________________________________ _ 46,895.99 Loans for financing the carrying and orderly marketing of agricultural commodities and livestock produced in the United States: 81, 10\, 491. 5Q Proceeds disbursed (less repayments)_-------------------·---------------------------· Proceeds not yet disbursed ___________________________________________________________ _ 209, 723, 089. 11 See footnotes at end of table. Digitized by Google 86 REPORT OF RECONSTRUCTION FINANCE CORPORATION TABLE 15.-Statement of condition as of the close of business, Mar. 91, 1997- Continued ASSETS-continued Loans to drainage, levee, and irrigation districts: Proceeds dishursed (less repayments)_-·······-·························-· ...•.•••.•.• $67, 744, 146. 29 Proceeds not yet disbursed ___ . __ -· __ ...•.. ··················-·-········-·············· 46, 453, 303. 17 Loans to public·school __________________________________________________________________ _ Proceeds disbursed authorities: 53,420.47 1, 476, 079. 53 Proceeds not yet dishursed ____________ -·-············· ········-· -·········. ·········-· Loan to Rural Electrification Administrntion: 598,000.00 Proceeds disbursed ... _.·-_---··················· ... ··-·····-·-···-.·······-··-······· 402, 000. 00 Proceeds not yet disbursed ......••.•.• ··············---·---···-·----····-·-··········· Loans secured by preferred stock: Insurance companies, proceeds disbursed (less repayments>--························· 28, 255, 372. 50 Banks and trust comoanies: Prorseds disbursed (less repayments)_ ..•••••.••. ···---·-·---····· .•.•..•••• -····· 12, 623, 110. 88 100,000.00 Proceeds not yet disbursed ...... -·-·-···········-·-·---·-·-·.·-···-·-·····-······· Stock, mortgage cornpanios: Purchrsed_ .. __________ --··· ..... __ -···. ··-. -·····-·····-·-···-· --·· -·- ·-··· -· ...•.•.• 25, 000, 000. (JO Subscription authorized ___ ...•. _..•. _..•.. ····-··· .•.•.............. _....•.......•.••• 500. 000.00 Preferred stock: Banks and trust companif:!s: Purchased (less retir13ments). ___ • ________________________________________________ _ 449, 82'1, 062. 65 Sn bscri pt.ions authorized _____ • ___ • ___________ • ______________ • ___________________ ._ 26, 062, 500. 00 Insurance company: Purchased ________________ •. _________________ ----------------··-100, 000. 00 Capital notes anr! debentures, banks and trust companies: Purchased (le'is retirements).--------------·-------- _____________________________ ---·-- 167, 078, 362. 69 Suhscriptions a1-..thorized ___________ . _______________ . ____________ ----·----------------,. 58,515.000. 00 Preferred stock installment sales r,0nt.racts. ___ . ________________ . _________ ----· __________ .• 500,679.41 Purchases of securities from Feder.I Emergency Administration of Public Works: Pnrrhases (less sail\.~ and rntirements) __ . ______ ---------·-·-- -----------------·-------- 121,622. 240. 00 Purchases authorized but not yet consummated .•...•..•... ---·-------------·-------- 55, 484, 500. 00 Advance3 for care and preservation of collateral: Procee<ls disbursed (less repay1nent,s). ____ ------------·· _____________________________ _ 795,039.43 587,518.49 Proceeds not yet disbursed---·---·-·_.-·---- _____ ....•.........•...•.....•..........•. 5, !GO, 738. 25 Collateral purchased (cost pins advanC1Js and expenses) .•.. •··········-···-··············· Accrued interest. and dividends receivable_-·_ .....•.....•......................•.......•• 31, 870, 962. 65 Reiin bursable exr>ense. ____ .. _______ .. _•••.• _______ . ______ . _. ___ . _____ . ___ •. ____________ . _ 759,430. 4,7 Furniture and fixtures.-···-.-··········································-····· $771. ~70. 99 Less allowances for depreciation-.••..................•...•.........••••...•••. 222. 301. 73 549. 269. 2lr Miscellaneons disbursements ..••••••.••••...•.......•...•.......•....•..•••••.•••••••.•.. 117,al.3.87 TotaL .•.....••...••••••.•.....•.••......•.........•.•.........••.••••••••......•.. 5,369.546, 091. 62 LIABILITIES AND CAPITAL Payah'.e on certificate of Federal Emergency Relief Administrator (1933 Relief Act) .•••• 69.11 4,:,34, 000. 00 Payatle to Secretary of the Treasury'·······---·-·····-·······-···-···-·-·-·-·-·-···-··· 97, 400, 000. 00 Payable to Land Bank Commissioner'·-····-·-·-·······-·-----·-·-------·-···-·-·-·-·-· Callable by Farm Credit Administration for expenses of regional al!Ticultural credit cor• porations 10 _____________________________________________________________ -·----- _______ _ J, 318,247.08 29, 500, 000. 00 Payable for capital regional agricultural credit corporations .. ·-··-···---················· 33i, 620. 60 Liability for funds held a.s cash collateraL.. _____ ·-·-·-----·-·-·-·--··-·-·-··············· Liability for funds held as cash collateral, Commodity Credit Corporation._ ........•.••• 1, 300, 000. 00 8, 007, 420. 56 Liability for funds held for other agencies.·-·····-···-·············-·-·-················· Proceeds not yet disbursed: 132, 282, 733. 10 Loans under sec. 5. ··-·- __ . _·-· ___ ·-----·-· _·-·- ·····-···-············· -···-········· 28,594,147. 3(), Loans to industrial and commercial bnsiness __ ·-···-···-·-·-·········-·-·-·-········· 5, 967, 000. 00 Loans to mining, millin11;, and smelting business .•..•••• ·-·---···---·-·-············· 619,487.88 Loans on assets or closed banks __ -·---------·---·-·-·-·-·-·-···-·-·-·-·-·-·······-··· 56, 800, 085. 97 Loans and contracts for self-liquidating projeets-·-·-·---·-···-·-·-·-·-·-·-·····-·-··· 1,617,410. lSLoans for repair or reconstruction of property damaged by earthquake, etc.- .. •-·-··· Loans for financing the carrying and orderly marketing of agricultural commodities and livestock produced in the United States_·--·-·-·-·······-·····-·-·········-·-· 209, 723, 089. 11 46, 453, 303. l T Loans to drainage, levee, and irrigation districts .... ·-···-·-·-·-·········-·······-·-· 1, 476, 079. £ Loans to public·school authorities ___ ... -•_._--·-···-·-··.-···-·-·-···_.-· .....•.•.... 402,000.00 Loan to Rural Electrification Administration_.---·---·-···-·······---·-············· 100,000.00 Loans secured by preferred stock, banks and trust companies ... ·-·---·-············· 587,518.49 Advances for care and preservation of co!lateral. ..•.•.• _•.... -····--·-·-···········-· Subscription authorizations: 500,000.00 Stock, mortgage companies .. ····-·---·--··- ..•.•.....•.•... ·········-···-·-····· 26, 062, 500. 00 Preferred stock, banks and trust companies ___ ·-·---·-·-···-·-·-·-·-·-·-·---·-· .. 58, 515, 000. 00 Capital notes and debentures, banks and trust companies-------·-·-···-·-----·-· Purchases or securities from Federal Emergency Administration of Public Works authorized ___ -·_._ ............. -·_. ____ -· .. _._·- ... _..• _._ •.. _.-·-·_ ....•.... _._._. 55, 484, 500. 00 3, 638, 853. 40 Cash receipts not allocated pending advices--···---··-·-·---·-···-···-·-·-·-···-·-·-·-··· 1, 735, 302. 75 Other receipts not allocated pending advices_·····--·-···------····---·-·-·-·-··--·-·-·-· Miscellaneons liabilities (including suspense)_ ... ---·······---······--···-·-·-·-···-·····. 32, 535, 608. '!9· 22, 777.~ Unearned discount ......•.•...... __ .•.•...•.....•.. _....•...•.•....••••.. _·-·-· .•.•.• -··· 288, 200. 28. Interest paid in advance_-·······-··········-····-·-···················-·····-···-··· .... 339,563.74 Interest and dividend refunds and rebates payable ....•...•.•.•.•. ·-·············-·-····· 7, 529, 485. 6l Interest accrued ...••.•.•...•...•••.•...•.•.•.•...•••••.•.•.•.•.•••.•••••.•.•••.•.•.• -..• See footnotes at end or table. Digitized by Google REPORT OF RECONSTRUCTION FINANCE CORPORATION TABLE 87 15.-Statement of condition as of the clos"e of business, Mar. SJ, 1937Continued LIABILITIKS AND CAPITAL-continued Deterred credits : Profits lrom !ISie ol securities purchased from other governmental agen• cies (net) ••. .. ...... ................•...... . . •.••. . ••. ... . ........... $9,644,923. 25 Collections on co!lateral purchased......... .. .. ........ .. ..... ......... 1,919,682. 75 Income on collateral purchased................ . ... . . . . . ... . ........... 358, 069. 91 Other.. ..... ... ............................... ..... ........ . ........... 46, 856. 55 $11, 969, 532. 46 Notes, series H , K, and L ...•...............•...•.•.•.•.•................................ 3,886, 184, Ofi6. 67 Capital stock... ... ...... . ............................................................... 500,000,000.00 Surplus, Dec. 31, 1936 (adjusted) ........... .•.•.... ... •... •...... .... .... $149,224,930.88 Reserve for self Insurance .. .................... ••. ,...................... 175, 000. 00 149, 399. q30_ 88 Interest and dividends earned Jes., interest and expenses (Jan. l through Mar. 31, 1937) ..• 8, 11:, , 057. 60 Total.. • . • • • • • . . . . . . • . • . • . . • • . . . • . • . • . . . . . . . . . • • • • • • • . . . . . . . • . • . • . . . . . . . . . . . . . . . . . • 5, 369, 546, Oil l. 62 1 Sec. 201 (e) of the Emergency Reli~f and Construction Act of 1932 provir\,s that Bil expenses incurred in connection with the operation or the regional Bgricuttmal credit corporations shall be paicl by the R0('0n• struction Finance Corporation. Under the provision., or this act the Corporation has allocated $16,376.778.64 r()r such expenses. • Title II or tbe Emergency Appropriation Act, fiscal year 1935, approved June 19, 1934, provides-: "• That not excellding $500,000,000 Ill the aggregate of any savings or unohligated balam'<'s in rWlds of the Reconstruction Finance Corporation mny, in the di~cretiou or the Pmsidcnt, be translerred and applied to the purposes of the Federal Emergency Relief Act ol 1933 and /or title JI ol the National Industrial ReCOV!!fY Act. • • • ." Under this act $500,000,000 has been translerred to the Federal Emergency Relief AdministraUon. • The Emergency Relief Appropriation Act of 1935, approved Apr. S, 1935, provides: "That in order to provide reliel, work ,eliPI and to increase employment hy providing for useful projects, there is he1eby appropriated, • • • to be used in the discretion and under the direction ol the President, to be imme• diately available and to remain available until June 30, 1937, • • • not exceeding $500,000,000 ln the aggregate ol any sBvings or unnpended halanoos in lunds of the Reconstruction Finance Corporation; • • •." $500,000,000 bas been disbursed by the Corporation under these provisions ol the set . • SPC. 2 or the Reconstntction Finance Corporation Act, as amended, provides thnt "in order to enable the Secretary nf t he Treasury to make payments upon stock or Federal home-loan banks. subscribed !or by bim in accordance with tbe Federal Home Loan Bank Act, the sum ol $125,000,000, or so much thereof"" may be necessary ror such purpose, is hereby allocated and made available to the Sectetary or the T reasury • • •." The amount ol such stock subscriood for by the 8ecretl\ry ol the Tre!l.sury is $124,741,000. • See. 4-b ol tbe Home Owners' Loan Act ol 1933 provides that to enable the Secretl\ry ol tho Treasury to make payments !or subscriptions by bim to the capital stock ol the Home Owners' Loan Corporation the Reconstruction Finance Corporation shall l\llocate and make available to the Secretary or the Treasury the sum ol $200,000,000 or so much thereol l\S may be necessary. The amount of such stock snhscribed for by the Seeretnry or the Treasury Is $200,000,000 and this amount has been paid to him. • See. 30 (a) or the Emergency Farm Mortgage Act of 1933, as amended, made $100,000,000 availnble to tbe Fann Loan (now Land Bank) Commissioner !or loans to joint-stock land banks, or which $2,filJ0,000 bas been paid to bim. Sec. 32 of the same act made $200,000.000 available to the Farm Loan (now Land Bank) Commissioner !or direct loans to farmers, of which $145,000,000 was paid to the Land :Runk Commissioner and the remaining $55,000,000 reallocated and paid to the J<'ederal Farm Mortgage Corporation under sec. 3 of the Federal Farm Mortgage Corporation Act . 1 Sec. 4 of tbe National Housing Act provides that "the Reconstruction Finance Corporation shall make available to tbe Administrator such funds as he may deem necessary." Pursuant to this act $50,000,000 bas boon paid to the Federal Housing Administrator. • Sec. 2 of the Reconstruction Finance Corporation Act, as amended, made available to the Secretary of Agriculture $200,000,000. or this amount $135,000,000 was paid to him ol which $2(1,000,000 was returned lo the Corporation. Of the $85,000,000 then held by the Corporal.ion $44,500,000 was re,Uocated and dis• bursed as capital of the regional agricultural credit corporations (sec. 201 (e) Emergency Helief and Construction Act of 1932). The remainder, $40,500,000, was made available and has been paid to the Oovernor ol the Fann Credit Administration, pursuant to the provisions of sec. 5 (a) (I) of the Farm Credit Act of 1933. • Loans under sec. 6 or the Reeonst.ructlon Finance Corporation Act, as amended, to Bid in the reor~Bn• ivltion or liquidation of closed institutions have been autborl1.ed in the aggregate amount ol $l ,2f>6,098,0S;J.o5 ol wl,icb $297,490,455.97 bas been canceled. After taking into consideration repayments or $8.33,365,f.:l.,.39 items (9) ol the balance sheet include the balance or $92,453,153.:ll representing proceeds disbursed (less repayn:wnts) and $42,788,838.92 representing proceeds not yet disbursed, exclusive of $1,510,000 loans approved in principle upon the performance of specified conditions. · 10 Represents uudisbursed portion of estimated expenses or the regional agricultural credit corporations for the llseal year ending June 30, 1937. In addition to loans and other authorizations reflected on the statement of condition, the Corporation has apprcved in princip!e, upon the performance or specified conditions, loans in the amount ol $132,619,339.61, purchases of preferred stock and debentures In the amount ol $36,73P,730.41, and purchase or stock of a mort· rage company in the amount of $10,000,000. The Corporal-ion bas also agreed to purchase from the Federal Emeri,:ency Administration ol Public Works at par and accrued interest such part or securities Ita,·ing ag~egate par value of $15,573,000 as may be avail~ble !or delivery. Cnder the provisions or sec. 5 Cb) of Bn act approved June 16, 1934 (Public, No. 362, 73d Cong.) the Cor· poration is r~quirerl to purcha~~ debentures or other obligations or the Federnl Deposit Insurance Corporation, upon its request , up to but not exceeding $250,000,000. The Corporation has not been called upon to purchase any such obligations. This statement or condition does not take into consideration expenditures incurred but not paid hy the Corporation at tbe close of business Mar. 31, 1937, nor income of regional agricultural credit corpora tions whose capital stock was subscribed by the Corporation. . 0 Digitized by Goog Ie