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RECONSTRUCTION FINANCE CORPORATION REPORT FOR THE FOURTH QUARTER OF 1938 LETTER l'RO:U: THE CHAIRMAN OF THE RECONSTRUCTION FINANCE CORPORATION TRANSMITTING A REPORT COVERING THE OPERATIONS OF THE RECONSTRUCTION FINANCE CORPORATION FOR THE FOURTH QUARTER OF 1938, AND FOR THE PERIOD FROM THE ORGANIZATION OF THE CORPORATION ON FEBRUARY 2, 1932, TO DECEMBER 31, 1938, INCLUSIVE MARCH 23, 1939.-Referred to the Committee on Banking and Currency and ordered to be printed RECONSTRUCTION FINANCE CORPORATION, Washington, March 23, 1939. Sm: 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 fourth quarter of 1938, and for the period from the organization of the Corporation on February 2, 1932, to December 31, 1938, inclusive. OPERATIONS-FOURTH QUARTER OF 1938 . During the fourth quarter of 1938, the operations of the Corporation were as follows: Under section 5 of the Reconstruction Finance Corporation Act, ~amended, 38 loans were authorized, which, together with an increase ma loan previously approved, aggre~ated $67,900,284.28, as follows: $3b ,874,487.97 to 8.ld m the reorgamzation or liquidation of closed . anks; $4,745,000 to building and loan associations; $400,000 to an ID8urance company; $35,552,500 to mortgage loan companies; $353./374.36 to joint-stock land banks; and $22,974,921.95 to railroa<1s 136800-8&--1 Digitized by Google 2 REPORT OF RECONSTRUCTION FINANCE CORPORATION '- (including $g,1902,n21 :95' -to trust~es of a railroad and purchases qf $6,500,000 of securities of railroads). · _ Under section -mt'of.the Reconstruction Finance Corporation Act", as amended, the Corporation made 830 authorizations to business. enterprises. ,Thes~ alJ,thorizationE', together with increases in authorizations previdusly riiade, · ·aggregated $34,101,132.69, as follows: Loans, $21,417,615.75; purchases of participations and agreements to purchase participations, $12,683,516.94. Under section 5d of the Reconstruction Finance Corporation Act, as amended, 24 loans to public agencies to aid in financing projects authorized under Federal, State, or municipal law were authorized, which, together with increases in loans previously approved, aggregated $54,737,636. Under section 5e of the Reconstruction Finance Corporation Act, as amended, 3 loans on the assets of closed banks and trust companies were authorized, which, together with an increase in a loan previously approved, aggregated $75,727. Under section 201 (d), title II, of the Emergency Relief and Construction Act of 1932, one loan to finance the carrying and orderly marketing of agricultural commodities, in the amount of $60,000, was authorized. Under section 304, title III, of the act approved March 9, 1933, as 11mended, the Corporation authorized 11 subscriptions for preferred stock of banks and trust companies, aggregating $22,715,300. Under section 36, title II, of the Emergency Farm Mortgage Act of 1933, as amended, 32 loans to or for the benefit of drainage, levee, irrigation, and similar districts, etc., were authorized, which, together with an increase in a loan previously approved, aggregated $1,451,724.45. Under the act approved June 10, 1933, as amended, one loan on the preferred stock of an insurance company, in the amount of $100,000, was authorized. Under section 14 of the act approved June 19, 1934, as amended, which empowers the Corporation to make mining loans, etc., two loans aggregating $280,000, were authorized. Under section 3 (a) of the Rural Electrification Act of 1936, as amended, an increase in the amount of $30,000,000, in a loan previously approved, was authorized. Summarizing the foregoing, 942 authorizations were made during the fourth quarter of 1938. These, together with increases in authorizations previously made, aggregated $211,421,802.42. Cancelations or withdrawals of authorizations made during the fourth quarter and previously, aggregated $15,850,895.85. Disbursements during the fourth quarter of 1938 were $176,460,277 .82; and repayments, $69,222,752.28. The increase in the amount outstanding on December 31, 1938, as compared with September 30, 1938, was $107,237,525.54. OPERATIONS-FEBRUARY 2 1 19321 TO DECEMBER 31 1 1938 1 INCLUSIVE During the entire period from the organization of the Corporation on February 2, 1932, to December 31, 1938, inclusive, the following were authorized: Digitized by Google REPORT OF RECONSTRUCTION' FINANCE COHPORATION 3 Under section 5 of the Reconstruction Finance Corporation Act, as amended, 19,661 loans to 9,136 institutions, aggregating $4,756,539,061.05, were authorized, as follows: $2,457,169,016.80, to 7,345 banks and trust companies (including $1,122,405,863.15, to aid in the reorganization or liquidation of closed banks); $153,685,199.40, to 1,022 building and loan associations (including $25,141,957.84, to receivers . of closed building and loan associations); $104,439,750.19, to 133 insurance, companies; $643,412,397.68, to 422 mortgage loan companies; $642,967.80, to 7 credit unions; $399,636,000, to 12 Federal land banks (including $193,618,000 representing refinancing of loans :previously made by the Corporation to Federal land banks for different mdividual amounts, but in the same aggregate amount); $29,035,359.13, to 27 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; $14,511,327.88, to 19 livestock credit corporations; $745,872,216.95, to 79 railroads (including $18,946,708, to railroad receivers; $21,022,173.95, to trustees of railroads; and $5,000,000 representing guaranty of notes of a railroad); $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 $809,700, to 22 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 aggregating $37,250,000, were authorized. Under section 5d of the Reconstruction Finance Corporation Act, as amended, 6,910 authorizations to 6,025 business enterprises, aggregating $291,006,942.49, were made as follows: Loans in the amount of $225,445,750.19 (including $4,879,764.66 of participations sold, or to be sold) to 4,793 businesses; purchases of participations and agreements to purchase participations in the amount of $65,561,192.30 in loans to 1,232 businesses. Under sootion 5d of the Reconstruction Finance Corporation Act, as amended, 75 loans aggregating $90,755,127.81 to 62 public agencies to aid in financing projects authorized under Federal, State, or municipal law, were authorized. Under section 5e of the Reconstruction Finance Corporation Act, as amended, 197 loans aggregating $89,045,555.98 on the assets of 188 closed banks and trust companies, were authorized. Under the Emergency Relief and Construction Act of 1932, as amended, 841 authorizations to 336 applicants, aggregating $2,484,687 ,852.85, 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 $400,092,487.36 were authorized to 176 applicants for self-liquidating projects, and loans aggregating $10,450,232.20 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 $83,370,955.22 were authorized to four applicants for the purpose of financing sales in foreign markets of agricultural surpluses; and under section 201 (d), title II, loans aggregating $1,690,774,178.07 were authorized to 106 applicants to aid in financing the carrying and orderly marketing of agricultural commodities and livestock, produced Digitized by Google 4 REPORT OF RECONSTRUCTION FINANCE CORPORATION in the United States (including authorizations of $1,604,712,664.99 to the Commodity Credit Corporation). Under section 304, title III, of the act approved March 9, 1933, as amended, 8,621 loans on and subscriptions for preferred stock, and purchases of capital notes or debentures, of 6,846 banks and trust companies, aggregating $1,320,780,214, were authorized, as follows: 1,120 loans secured by preferred stock of banks and trust companies, $23,274,755; 4,369 subscriptions for preferred stock of banks and trust companies, $863,968,484; and 3,1$2 purchases of capital notes or debentures of banks and trust companies, $433,536,975. Under section 5, title I, of the Agricultural Adjustment Act of 1933, as amended, two loans to the Secretary of Agriculture to acquire cotton, aggregating $23,500,000, were authorized. Of this amount $20,200,000 was canceled. Under section 36, title II, of the Emergency Farm Mortgage Act of 1933, as amended, 1,046 loans to or for the benefit of 631 drainage, levee, irrigation, and similar districts, etc., aggregating $141,485,052.48, were authorized. Under section 1 of the act approved June 10, 1933, as amended, 1 subscription for, and 12 loans on, the preferred stock of 10 insurance companies, aggregating $34,475,000, were authorized, as follows: Loans secured by preferred stock of 9 insurance companies, $34,375,000; and a subscription for preferred stock of 1 insurance company, $100,000. Under the act approved April 13, 1934, as amended, 705 loans to 667 borrowers to finance the repair of damage by earthquake, flood, or other catastrophe, aggregating $5,734,288.75, were authorized. Under section 14 of the act approved June 19, 1934, as amended, 143 loans to 125 borrowers engaged in the business of mining, milling, or smelting of ores, etc., aggregating $12,635,500, 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, 28 loans to 26 tax-supported public-school districts or other similar p'ublic-school authorities m charge of public schools, aggregating $2,006,800, were authorized. Under section 3 (a) of the Rural Electrification Act of 1936, as amended, one loan in the amount of $106,500,000, was authorized. Summarizing the foregoing, authorizations aggregating $9,418,901,395.41 were made during the period from February 2, 1932, to December 31, 1938, inclusive. Of this amount, $2,081,293,638.ii was later withdrawn or canceled, and $6,975,302,522.18 was disbursed. Repayments and other reductions amounted to $5,160,938,102.48, of which $282,825,766.70 represents cancelation of the Corporation's notes, pursuant to the provisions of the act approved February 24, 1938, equivalent to the balance of the amounts disbursed for relief and work relief under title I of the Emergency Relief and Construction Act of 1932, as amended. This left $1,814,364,419.70 outstanding on the books of the Corporation at the close of December 31, 1938. In addition, the Corporation had outstanding on December 31, 1938, agreements to make authorizations, totaling $420,317,975, upon the performance of specified conditions. Digitized by Google REPORT OF RECONSTRVCTION FINANCE CORPORATION 5 PAYMENTS UNDER FEDERAL EMERGENCY RELIEF ACT OF 1938 Under section 2 (a) and section 6 of the Federal Emergency Relief Act of 1933, the Corporation, during the fourth quarter of 1938, paid $561.42 to the Federul Emergency Relief Admimstrator for expenses necessary to carry out the provisions of that act, making a net total of $349,010.22 so paid through December 31, 1938. 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 December 31, 1938. SECURITIES PURCHASED FROM FEDERAL EMERGENCY ADMINISTRATION OF PUBLIC WORKS Under the Emergency Appropriation Act, fiscal year 1935, approved June 19, 1934, the Corporation during the fourth quarter of 1938, approved increases aggregating $7,938,900, in the face amount of marketable securities previously authorized to be purchased from the Federal Emergency Admimstration of Public Works, and canceled $5,717,000 (face amount) of authorizations to purchase such securities, made during prior quarters. From June 19, 1934, to December 31, 1938 inclusive, the Corporation purchased from the Federal Emergency Administration of Public Works securities having a par value of $629,579,548.90. Of this amount, securities having a par value of $435,023,296.22 were sold at a premium of $12,768,774.47 (including securities having a par value of $62,462,549.30 sold to issuers prior to maturity at a premium of $326,540.64). Securities having a par value of $171,463,188.04 were held at the close of business December 31, 1938. In addition, the Corporation had agreed to purchase, to be held and collected or sold at a later date, such part of securities having an aggregate par value of $63,830,000 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 fourth quarter of 1938, paid $1,000,000 to the Federal Housing Administrator. This made a total of $67,021,074.55 so paid through December 31, 1938. DISASTER LOAN CORPORATION Under the act approved February 11, 1937, as amended, creating a Disaster Loan Corporation with nonassessable capital stock, and empowering it to make such loans as it may determine to be necessary or appropriate because of floods or other catastrophes in the years 1936, 1937, or 1938, the Corporation, during the fourth quarter of 1938, subscribed and paid for $2,000,000 of the capital stock of Disaster Loan Corporation. This made a total of $12,000,000 so subscribed and paid for through December 31, 1938. Digitized by Google 6 REPORT OF RECONSTRUCTIOX FINANCE CORPORATION NOTES OF THE RECONSTRUCTION FINANCE CORPORATION During the fourth quarter of 1938, the Corporation: Authorized the issuance and the offering for sale by the Secretary of the Treasury of $300,000,000 or thereabouts, of series P ½-percent notes at par, and the purchase by him on behalf of the Corporation on November 1, 1938, of the outstanding series K notes at par and accrued interest, maturing December 15, 1938, to the extent to which the holders thereof subscribe to the issue of series P notes. Authorized the issuance of not to exceed $1,500,000,000 series Q notes for the purpose of retiring notes of series 0, in an amount equal to the aggregate principal amount of series 0 notes outstanding at the time of the exchange thereof, and for such additional amounts as may be borrowed by the Corporation from time to time. Sold $59,000,000 series 0-2 notes; $297,339,000 series P notes; and $84,000,000 series Q-2 notes. The Corporation exchanged 5672,945,431.04 of series Q notes for a like amount of series 0 notes; canceled the authority to issue the unissued balance of the series 0 notes; and redeemed and canceled $298,892,666.67 series K notes. In addition, pursuant to the provisions of the act approved February 24, 1938, the Secretary of the Treasury canceled the Corporation's series 0-1 note to the extent of $1,039,684.55, and its series Q-1 note to the extent of $2,149,376.87, such amounts being equal to disbursements by the Corporation during the fourth quarter of 1938, for allocations to other governmental agencies. , As of December 31, 1938, there were outstanding $1,263,775,054.17 of the Corporation's notes, as follows: Series K_______________________________________ Series N _ ___ _ _ __ __ _ __ _ __ _ __ _ __ _ __ __ _ __ __ _ __ _ __ _ Series P _ ____ _ ___ _ __ _ __ __ _ ___ _ __ ___ _ _ __ ____ ____ $180,000.00 211, 460, 000. 00 297, 339, 000. 00 ~:~::: 8=t==================================== gg~: igg: 88t: ~ Total_ __________________________________ 1,263,775,054.17 TABLES The following tables are attached: Table 1. Aggregate loan and other authorizations, purchases of securities from Public Works Administration, and allocations to other governmental a~encies, by classes, from February 2, 1932, to December 31, 1938, inclusive, and commitments outstanding, by classes, as of December 31, 1938. Table 2. Aggregate loan and other authorizations, by classes, during the fourih quarter of 1938. Table 3. Number of authorizations, and number of new borrowers, etc., to which authorizations were made, by States, during the fourth quarter of 1938. Table 4. Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, disbursements, and amount outstanding, from February 2, 1932, to December 31, 1935, inclusive, by States. Table 5. Loan and other authorizations, by character of loans, etc., from February 2, 1932, to December 31, 1938, inclusive. Table 6. Amount of authorizations, disbursements, repayments and other redlletions, and amount outstanding from February 2, 1932, to December 31, 193$, inclusive, by classes and months. Digitized by Google REPORT OF RECONSTRl'CTION FINANCE CORPORATION ~ 7 Table 7. Loans to aid in the reorganization or liquidation of elosed banks and trust companies from February 2, 1932, to December 31, 1938, inclusive, by States (includes loans to receivers, liquidating agents, and conservators, and loans through mortgage loan companies to aid in the reorganization or liquidation of closed banks, under section 5 of the Reconstruction Finance Corporation Act, as amended; and loans on the assets of closed banks and trust companies under section 5e of the Reconstruction Finance Corporation Act, as amended). Table 8. Loans on and purchases of preferred stock, and purchases of capital notes or debentures, of banks and trust companies, disbursed from March 9, 1933, to December 31, 1938, inclusive; and outstanding as of December 31, 1938 (under sec. 304, title III, of the act approved March 9, 1933, as amended). Table 9. Loans authorized (and commitments outstanding as of December 31, 1938) to business enterprises, from February 2, 1932, to December 31, 1938, inclusive, by size of loans (includes loans and participations, and commitments outstanding, under sec. 5d of the Reconstruction Finance Corporation Act, as amended; loans to borrowers engaged in the fishing industry under sec. 5 of the Reconstruction Finance Corporation Act, as amended; and loans to business enterprises through banks and mortgage loan companies under sec. 5 of the Reconstruction Finance Corporation Act, as amended). · Table 10. Number of business borrowers to which authorizations were made; and amounts authorized, etc., from February 2, 1932, to December 31, 1938, inclusive, by industries (includes loans and participations, and commitments outstanding, under sec. 5d of the Reconstruction Finance Corporation Act, as amended; loans to borrowers enga11;ed in the fishing industry under sec. 5 of the Reconstruction Finance Corporation Act, as amended; and loans to business enterprises through banks and mortgage loan companies under sec. 5 of the Reconstruction Finance Corporation Act, as amended). Table 11. Part /.-Loans on self-liquidating projects by types of project (under sec. 201 (a), title II, of the Emergency Relief and Construction Act of 1932, as amended) from July 21, 1932, to December 31, 1938, inclusive. Part 1/.-Loans to public agencies to aid in financing projects authorized under Federal, State, or municipal law by types of project (under sec. 5d of the Reconstruction Finance Corporation Act, as amended) from April 13, 1938, to December 31, 1938, inclusive. , Table 12. Number of borrowers and amounts of loans authorized under section 5 of the Reconstruction Finance Corporation Act, as amended, from February 2, 1932, to December 31, 1938, inclusive, by size of cities or towns. Table 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 December 31, 1938. · Table 14. Statement of cash receipts and expenditures during the fourth quarter, October 1 to December 31, 1938, inclusive (Corporation's accounts with Treasurer of United States). Table 15. Statement of cash receipts and expenditures, January 1 to December 31, 1938, inclusive (Corporation's accounts with Treasurer of United States). Table 16. Statement of cash receipts and expenditures, February 2, 1932, to December 31, 1938, inclusive (Corporation's accounts with Treasurer of United States). Table 17. Statement of condition as of the close of business, December 31, 1938. Respectfully, JESSE H. JoNES, Chairman. GEORGE R. COOKSEY, Secretary. The SPEAKER OF THE HousE oF REPRESENTATIVES. Digitized by Google !.-Aggregate loan and other authorizaliom, purcha8es of securities from Public Works Administration, and allocatiom to other governmental agencies, by classes.from Feb. e, 1932, lo Dec. St, 1938, inclusive, and commitments outstanding, by classes, as of Dec. 31, 1938 TABLE 00 PART I. LOAN AND OTHER AUTHORIZATIONS Withdrawals or cancelatlons Authorizations Loans under sec. 5 of the Reconstruction Finance Corporation Act, as amended : Banks and trust companies: Recei\•ers, liquidating agents, and conservators...................... Otbcrs •. ............................................................. $1,122,405,863.15 I, 334,763,153. 65 Total, banks and trust companies•................................ 2,457,169,016.80 Building and loan associations: I~~:~~: tr:~~~:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: 0 cg:N. (1) Q_ ~ CJ 0 ~ ~ I $274, 551,740.36 196. 431,155.53 $836. 834. 584. ◄ 5 1. 138. 331,998.12 Outstanding as or Dec. 31, 1938 Repayments and other reductions 1 Disbursements I $793, 563, 085. 60 1. 059, 992, MO. 22 $43, 271, 498. 85 78,339,457.90 l. 975. 166. 582. 57 I==== I 1. 853. 555, 625. 82 121, 610, 956. 75 610, 760. 79 1, 364, 413. 97 -1------1---- 470. 982. 805. 89 . m:: 2i: i~i: :~: ~~ 2, 816, 900. 461 115,317,593.34 2, 206, 139. 67 113, 953, 179. 37 I 116., ... lfi9,. 319. 04 ... I, 975,174. 76 87,606,004.91 2, 997, 204. 90 Total, ·building and loan associations............................... 153,685, 199.40 211, 025,705.60 IIR., ... rn4., 49~. RO ... ...... Insurance companies..................................................... 104,439, 750. 19 13,331,441.86 90. 693. 209. 81 Mortgage loan companies: To aid in the reorganization or liquidation or closed banks .......... . To business enterprises . .. .......................................... . To The RFC Mortgage Co .....................................•.... To Federal National Mortgage Association ..•..•.•.................. Otbers . .......•.......••...•........•.......... . ...••••....... . ...... 101, 209,520.82 82,337,124.05 119,474, 123, 18,264,602. 76 16, 422, 275. 00 10, 720, 430. 85 5, 701, 835. 15 4, 619. 170. 19 105,021,275.61 ••••••...•... ..•.... 98, 786, 8t8. 81 69, 627, 942. 80 50,000,000.00 ....••...... .... ..•• 38,710,064.01 ------------------ -841. 593. 890.16 352,494,723.49 102,329,569.08 -1 -241. - -070. --17- 1 -187. - -- 58 1 Total, mortgage loan companies.................................... 643,412,397.68 Credit unions............................................................ Federal land banks......................... ............................. 1oint•stock land banks........................... . ....................... Federal Intermediate credit banks....................................... .Agricultural credit corporations.......................................... Regional agricultural credit corporations................................. Livestock credit corporations... ................................. ........ 131,314,611. 69 642,967.80 42,872.01 • 399,636,000.00 12,400,000.00 29,035,359. 13 6,816,014. 34 9, 250,000.00 •• .•••••.•......... 6,120,867.59 477,240.37 178,840,452. 48 6,596, 81 I. 76 14,511,327. 88 1,539, 7211. 19 ReUroads: Receivers and truslees......... ... . .................................. Othoni............................................................... 39,968,881.06 706,003,336.00 844,791.00 105, MS, 761. 80 Tnlal, rallroMIJ .... •••••.... ....•••.•.•. ...•••.•.......•.......... 745,872, 21G. 06 JOO, 803,666, 80 I - I I I - 485.. 479.. 109. 96 Ij 600,095.79 • 387, 236, 000. 00 22, 402, 504. 87 9, 250, 000. 00 5,643,618.22 173, 243, 640. 72 12. 971. 598. r,g ... _.., _..... I= 18, 872, 396. 77 I , 082, 664. 96 29, 158, 906. 01 38,710,064.01 53,476,951.01 344.• 178, 127. 20 10,300,982. 76 409,721.21 • 387, 236, 000. 00 16,833,780.41 9, 250, 000. 00 5, 558, 762. 42 173, 243, 640. 72 12. 071. 608. 69 100,374.58 .., _.., 39,124,090. 951 686. 076. 670. 11 o. 712. 062. 20 182,294,612.06 ou. 100. Mt. oo I 189, OOG, 67◄ . 24 6, 568, 724. ffl 84,855.80 -------- ------ -- -- ------------·----·-·· I 82. 02, 028. 76 403, 681, 058. 06 430. 003. GSG. AI ~ "tl 0 ~ ~ ~ 0 i 17.l ~ 0 .... @ 1-3 ....l,j z~ 0 t,j 0 ~ i 1-3 0 .... z Processors, or distributors subject to processing taxes . ••. .• •. . .••• . •••• . Stat e fu nds created !or th e pur pose ol insuring repayment ol deposits ol public moneys ••••••• • •••. . ••••••••.•••. • •• . • •••••••••• •••... . •.•..••• 20, 0811. 27 11, 37i. 2i 14,718. 0G 14, 718. od ---------·-------- .- 13, 087, 715. 88 23,084. 70 13, 064, 631. 18 Borrowers engaged In the fishing industry •••• .•••••••••••• . •.•••••••••• 809,700. 00 00,025. 00 719,675. 00 13,064,031.18 367,6Q7.0. --·····-···--····--351, 1177. IHI Total, sec. 5 of the R econstruction F inance Corporation Act, as amended ........• •• •.••.•• . •• •.•• • ••.• • ••.••• . ... .. ....•• ••••• • .•.• • 4, 756, 639, 061. 05 117, o«, 368. 51 3, 919, 720,539. 73 a, 209, 630, 300. 116 710, 084, 238. 78 Subscri ptions !or stock ol mor tgage loan companies under sec. 5c ol the Re• construction Finance Corporation Act, as amend ed: The RFC Mortgage Co . . . ..• •• . • •• • •... • .•.. . ...• · -···· - ······· ··· --· ·· Federal National Mortgage Association .•• ••. ••••• • ••.• • •• ••• _. _•.. _•. • . O thers __... _. -··-· · . ..• . _. _•• -· •• _.. • -·_. __ .... _.. .. . ... . •• -·· __ •. •.• -· . 25, 000, 000. 00 11,000,000. 00 1, 250, 000. 00 T otal, sec. 5c ol t he Recon stru ction F inance Cor poration Act, as! amendod . __ . . • • .••••. ___ _. _... _. . _.... . •••• -· . • __ .. •• _. •.. -·. _•.• __ _ ------------------. -------------------I, 250, 000. 00 25, 000, 000. 00 - 37,250, 000. 00 I, 250,000. 00 , 000. 00 ______11, __ 000, ______ _____ 36, 000, 000. 00 A uth or izatious under sec. 5d ol th e Reconstruction Finance Cor poration 25, 000, 000. 00 - -- ----------------~ 11, 000, 000. 00 --------------------------------------- ------·------------- 0 "".l 36, 000, 000. 00 -------------------~ l:'j 0 Act., as amended: Au tbori,.ations t o bus___________ iness en terprises: 1,oans ____________ ___________ _________ _____ __ . ___ __ ___ ___ _ P urchase of participations._-· - -- · ---- - · -···· · ·- - -··- -- · -····-···-- Agreements to purchase participations •.• - - · · ······ ··- · -·-·-· ·· ··· · · 0 cg:N. (1) Q_ ~ CJ 0 ~ ~ ~~ 0 1 225,445, 760. Ill I 22, 495, 899. 69 1 43, 06.'i, 2112. HI 55, 596, 892. 3fl 6, 807, 352. 89 7, 857, 856.00 37, 962, 552. 81 4, 623, 023. 71 106, 033. 81 137,631,956. 36 II, 891, 080. 36 1,015, 159. M 1111, 569, 403. 55 7, :ies, 056. 65 IIOO, 125. 83 0 r:n '"3 z ~ C1 Total, a uth orizations t o business enter pr ises under sec. 5d ol the Recons tru ction F in ance Cor por ation Act , as amended .... . -- · ·Loans to public bodies under sec. 5d of t he R econstruct ion F in ance Cor poration Act, as amonded·- · ·· · .. -·-·· -·· ·-·· .. -·- · · ·· -·· -· ·- -·· · __ ___ 21H, 006, 942. 49 70, 262, 101. 25 150,438, 196. 36 42, 691,610. 33 107, 746, 586. 03 0 90, 755, 127. 81 7,560,000. 00 25, 661, 053. 73 18, 859, 561. Q2 6, 801, 491.81 0 T otal, sec. 5d ol t he R econstruction F inance Corporation Act, as amended·-·· · ···· ····-·-·- · --·-·-·· ·· ··-· - ·- - --· ·· -·--·- ·-· · · ··· 381,762, 070. 30 77, 822, 101.25 176, 099, 250. 09 61, 551,172. 25 114,548, 077. 84 "".l ..... Loa ns on th e assets ol closed ban ks and t rust com panies unde r sec. 5e or the R econs truction Finan ce Cor poration Act , as amended._-··---- -- · - ······· 89, 045, 555. 98 33, 899, 536. 27 45, 208, 693. 22 41, 353, 226. 52 3,855, 4M. 70 11>- 400, 092, 487. 36 31,841, 243. 14 317, 389,641.28 137, 287,959. IHI 180, 101, 681. 32 10, 450, 232. 20 83, 370, 955. 22 1,921, 124. 10 33, I 46, 368. 56 8, 5211, I 08. 10 40, 224, 586. 66 7, 740, 654. 61 20, 177, 690. 67 788, 451. 49 20, 046, 895. gg I, 004, 712,664. 99 86,061,513. 08 836, 995, 702. 78 66,367,021.30 767, 716,962. 21 19, 557,491. 78 707,716, 962. 21 18, 861, 606. 84 -. -. ------------- -695, 884. 94 I, 690, 774, 178. 07 903, 302, 724. 08 787,274, 453. 99 786, 578, 569. 05 695,884. 94 299, 984., WQ . 00 --- ------- -- ------ -- I, 251, 769, 873. 211 201, 632, 915. 74 Aut hor izations under the Emergency Relic! and Constru ction Act or 1932 as amended: Loans on self-liquidating p rojects, sec. 201 (a) , t itle IL_ ···· ·- ··- ·····-· Loans for financing r epair ol damage by earth (J uake, fl.re, t ornado, or cyclone in 1933, sec. 20 1 (a) (6), ti tle IL ·- - - - -· ···-----··----- ·- ---·--· L oans !or financ ing expor ts ol a gricultura l s ur pluses , sec. 201 (c) , title I Loans !or fin ancing of agricul tural com mod ities an d livest ock, sec. 201 (d) ti tle II : Commod ity C rod it Cor poration __.·· · · - ·· -· · · - · - · - -·- · ·-· - ···- - -- · · O t hers . __ .... _. ... .. _-· . . __. __- · · -· . ••• __. . •. . . •• _•....•• -· -· .. _. _. T ot al, sec. 201 (d) , title IL I.- ·-·· ·· - 300, 000, 000. 00 15, 001.00 299, 984, 999. 00 2, 484.. 687, 852. 85 970, 286, 460. 88 I, 453,402,789. 03 eee footnotes at end ol table. z z z 0 l:'j T ot11J, E mergency R elief an d Construction Act of 1932 " ' a rnenrlerl. ••. Amounts m ade arniiahle for relief and work relief, sec. I, tit le '"3 ..... = = I 0 0 ~ 'ti 0 ~..... 0 z cc TABLE !.-Aggregate loan and other authorizations, purchases of securities from Public Works Administration, and allocations to other govern- mental agencies, by classes, from Feb. 2, 1932, to Dec. 31, 1938, inclusive, and commitments outstanding, by classes, as of Dec. 31, 1938Continued PART I, LOAN AND OTHER AUTHORIZATIONS-Continued 'Withdrawals or cancolations Authorizations $23,274, io5. 00 863,968,484.00 433,536,975.00 $0, 126. 02r.. 00 73,9 18,027. 44 90,549,500.00 T otal, sec. 304, title III ol the act approved Mar. 9, 1933, as amended.. . I, 320,780,214.00 169,593,552.44 . . Aut h onzat,ons under sec. 1 or the act approved June 10, 1933, as amended: 23. 500. ooo. oo I 20. 200. ooo. oo ;;a· 0. ~ (; 0 ~ ~ t._'%j "d 0 $10,803,625.80 332, 18 I, 505. 40 214,594,371. 77 l , - - - - - - - 1 -- - -- - 1, 146,414, 161. 56 557,579,503.03 $1 ~- 148, 730. 00 785,277, 956. 56 342,987,475.00 I II 3, 300, 000. 00 ! ~ t._'%j ~ 00 1-'3 7,238,581.91 34, 375,000. 00 00 34,375,000. 100,000.00 --- --------------100,000.00 .....•........ •..... 1 I -------I 7,238,581.91 34,475,000.00 ..................... 1 - 134,475,000.00 C! I II 22,600,000. 00 I =I I 12,635,600.00 I II======= I ii===== 4, 146, 700. 00 7,292, 000. 00 I 22, 300, 000. 00 200, 000. 00 Il=======I 1 l====-s==x 1, Oll7, sno. oo ....--3 z 0 I I ~ 0 Loans to or for the benefit or drainage, levee, irrigation, and similar districts under sec. 36, title II of the Emergency Farm Mortgage Act or 1933, as 3, 074, 051. 90 441.33 ====~===I===~=~== = === = 111, 20,419,977.891= =84, 141 ,485,052.481 amended ..•.••.••.•••••.•••.•.............•.•...... ..........•..•.......•.. , Loans to finance tho repair or damage by eartbquake, fl ood, or other catas• trophe in 1933, 1934, 1935, and 1936, under tbe act ap proved Apr. 13, 1934, as amended: 891,372. 75 820, 590.00 1,711,962. 75 To business enterprises................................ ....... .. ...... ... 2, 582, 574. 47 1, 397, 751. 53 4, 022, 326. 00 To others............ .................... . .... ...................... ..... 1-------1-------1-------·l-------11------3,473,947. 22 2,218, 341. 53 5,734,288.76 Total, act approved Apr. 13, 1934, as amended........ ............ ...... Loans to borrowers engaged In the mining, milling, or smelting or ores, under sec. 14 or the act approved I une 19, 1934, as amended .••.•.•.••••••••••...•• ,ao to a publlo-school authority for paymen t of tenchers' salnrlos duo prior to June 1, 1934, under soc. 16 or the act approved June 19, 1034, as amended.I LoaDI to or tor tho oone0t or tax-supported publlc•sehool dlstrlrl4 or other similar pulillMchool 11utborltlPJ In charae or puhllo achoolff uodcr the not ' •111,rovllli Au~. 24, .,... ;l 3, 300, 000. 00 I 0 Disbursomonts 1··•··•··············1 Total, sec. 1 or the act approved June 10, 1933, as amended............. (1) l:O Outstanding as ol Dec. 31, 1938 Repayments and other reductions I ======1====== ====== 1=====1=====1= I I . ............. companies........... insurance stock olstock Loans on preferred company................ or an 10surance on !or preferred Suhscnpt1 -g: 0 ~ Anthorirntions under sec. 304, title HT, of the act approved Mar. 9, 1933, as amended: Loans on preferred stock of hauks and trust companies................... Subscri ptions for preferred stock of banks and trust companies.. ... ... ... Purchases of capital notes or debentures or banks and trust companies. .. Loans under sec. 6, title I of tbe Agricultural Adjustment Act of 1933, as amended ... ...... ...... ...... .. .... . ......................... .. .........•.. - l 4U, (JOO, 00 l:tj z> z 0 t.".l 0 0 ~ g ....~ 0 :,-: Loan to Rural EJectritlcation Adinfnfstratton. under the act approved May 20. 11130, aa amended ____________________________ ........... _____________________ Grand total, part I (loan and other authorl•atlom)..................... I I 100. 600. 000. 00 ----------- --------- g, 418, IKll, 3116. 41 ll, 081, :1113, 1138. 77 ------ I 46,500,000.00 ,I e, g75, 302,622. 18 • 2. 4 ~ 6, 1w, 938,102.48 \ 46. 497,674 . 61 1,814, 3114, 419. 10 - ~ t.>-::1 PART 11.-PURCHASEB OF SECURITIES FROM PUBLIC WORKS ADMINISTRATION "tl Amount or purchases authorized Grand total, Part . IL .•••.•••......•.......•..•••••••••••••...•••••.•.•••.•.. $663, an, :ll9. 49 Amount or repayments and other reductions (I) Amount disbursed Amount with• \purch&.!ed) drawn or canceled $5, 706, 000. 00 $453,471,172.41 $593, 665, 209. 49 Amount out5tandIng as or J)ec. 31, 11138 $BO, 194, 037. 08 0 ~ H 0 "'.l ~ l:.'l <.l PART UL-ALLOCATIONS TO OTHER OOVF.HNMENTAL AOENCIF.S 0 Amount allocated I Amount disbursed 0 ~ ;;;· "' Q_ u '< C") 0 ~ ~ Allocations: Secretary or Agriculture for crop loans .•.....•• .• ••. •• ••.••• •.•••.•.• •.••.•.......•..••.•.•.•...••••................ .•...•.•••.•.....•. Ospital or regional Agricu ltural Credit Corporations(reallocated from amount originally allocated to Secretary or Agriculture; includes $39,500,000 held in re volvin g fund) .. •.• .....•...... ....•....... .....•.•.......•.......••••••.•..•..•••.•.....••..• •••..•...• ••..•.••. Governor ol Fann Credit Administration (reallocated from amount originally reallocated to Secretary or Agriculture) .•..•..••••••.. •• Total , originally allocated to Secretary or Agriculture ror crop loans . ............•.......•. .••••••.•••.••...•..•.•••••• •••••... •.•.•.. Regional agricu ltural credit corporations for e,penses prior to May 27, 1933 .•...•.............. . ..................•......... • .•...•... . Regional agricultural credit corporations !or expenses since May 26, 1933 • . . •••.... •.. .... . . .. .•...•.......••.•......••••.•.•••.......•. Secretary or the Treasury to pay for capital or Federal home loan banks .........•.•...••.....•••..•..•......•. . ................•.....• Land Dank Commissioner to make loans to Joint•stock land banks . . ...•........ . ....•• •••..••••.•.•••••••.•••.•.•••••••.•••....••••••. Land Dank Commissioner to make loans to !armers ($200,000,000 original allocation reduced hy reallocation to Federal Farm Mortgage Corporation) ..•••.......... .. ..............................•.•...••. •.................... ........•................................. Federal Farm Mortgage Corporation to make loans to farmers (reallocated from $200,000,000 originally allocated to Land Dank Com• missioner) ..•................... ....... . ..................•••••••••••.•.•...... . ... . .........................• ..................... . Secretary or the Treasur y to pay for capital o( Il omo Owners' Loan Corporation ........•......•..•.......•.................... ........ J,'ederai llousing Administrator (amount stated is amount disbursed; total allocation not limited to specific amount) •..............•.. Commodity Credit Corporation. purchnse of stock .•.••.•.•....... ....... . ......•....••.....••. •••••••.•...•....•.••..••.•.. . .. . ..••.. Disaster Loan Corporation, purchase or stock (amount stated ls amount disbursed; the corporation is required to purchase stock upon request or tho Disaster Loan Corporation up to but not 81ceeding $20,000,000)-..................................................... . Total to other governmental agencies by direction or Congress •• •...•..••••••.•••..• •.•.•.•••.•.•...•.•.........••..••.••••... .... · See footnotes at end or table, H l:::l C (j $115,000,000.00 $Ii 5,000, 000. 00 44 ,500.000. 00 40, 500, 000. 00 44,500, ooc. 00 40. 500, 000. 00 0 200,000.000. 00 3, 108, 278. 64 "'l ...., -200, 000. 000. 00 3. 108. 2i8. 6-1 14,211,500.00 124., 74 1,000.00 100, 000, 000. 00 145,000. 000. 00 I z w - n rn. 489, 002. 121 , 741,000.00 1 2, 600. 000. 00 145, 000, 000. 00 H ~ ~ ~ ~ <.l tlj <.l 0 55. 000. 000. 00 200,000,000.00 55. 000, 000, 00 200. 000, 000. 00 67. 021. 071. 55 97, 000, 000. 00 67,021,074.65 97, 000, 000. 00 12,000.000. 00 12, 000, 000. 00 0 l:::l 919,969.956. 11 I, 018, 081, ~53. 10 I======= 1-'3 ._,l:::l > .... 0 z I-" I-" I.-Aggregau loan and other authorizatiom, purchases of ,ecurities from Public Works Administration, and allocations to other flooertlmental agencies, by classes, from Feb. e, 19:'Jt, to D,c. 81, 1938, inclusi11e, and commitment. outstandit&{I, b1! classes, as of Dec. St, 1938Continued TABL.l!l I-' l,j PART III.-ALLOCATIONB TO OTHER GOVERNMENTAL AGENCIES-Continued Amount allocated I Amount dlabUl'llld A llocations-Contin ned. For direct relief under Federal Emergency Relief Act of 1933........................................................................... For direct relief under Emergency Appropriation Act, fiscal year 1935.................................................................. For direct relief under Emergency Relief Appropriation Act, 1935.......•. ······································;······················ Total allocations for direct relief by direction of Congress............................................................................ Total allocations to other governmental agencies and for direct relieL.. ..••.••••••..•••••••.•••.•••••.•••.••.••••••••••••••.••••••••. Administrative expense:_ Regional agricultural credit corporations.............................................................................................. Under sec. 1, title I, of the Emergency Relief and Construction Act 0!1932, as amended............................................... Interest on notes issued for funds for allocations and relief advances........................................................................ Grand total, Part Ill (allocations to other governmental agencies)................................................................... $000,000,000. 00 000, 000, 000. 00 000,000,000. 00 11 $499, 11119, 010. 22 11 1,000,000,000.00 111,499, 1199, 010. 22 2,518,081,863. UI 2, 4111, 1158, 1166. 33 000, 000,000. 00 000,000,000.00 114, 1121. 13 114, 1121. 13 126,871.86 33, 177, 4111. 82 --------2,551, 501, 1111 Ollli. 126,871.86 33,177, 4111. 82 --- 2,453, 378, 17V. U 0 cg:N. (1) Q_ ~ CJ 0 ~ ~ e=i::::,. if~~l;."::'do.. ... ......... ........ ...... ..... ... ...... ... ............. .... ...... ................ .. .... ........ .... .. .. .... ... .. ... .. ...... .. ..... ... Mor{lfi'!rili~ 115, 000, 000 Others......................................................................................................................................................... 8, IIOO, 000 Railroads.... . . . . . .. . . . . . . . • . . . . . . . .. . .•. • . . . • . . . . . . . . . . . . . . . . . . . . . • . . •• ••• . •••••. •• . • . •• . . •• ••••••• .• •• . • .•••• •• . •••••••• ••••. •••••••••. ••••• ••.• •• •••••• •••• •••••• 100, 828, 176 Under sec. 6d of the Reconstruction Finance Corporation Act, as amend.ed:_ Loans to business enterprises...................................................................................................................................... 47, li02, 000 Purch11Ses of participations in loans to business enterprises......................................................................................................... 16, Olli, 000 .... greements to purchase participations In loans to business enterprises.............................................................................................. 13,-. 000 Loans to public bodies.·-···....................................................................................................................................... 1115, 000 I.nan to Commodity Credit Corporation, under sec. 201 (d) of the Emergency Relief and Construction Act of 1932, u amended-...................................... 1ao, 000,000 Und~·~r!~t1g;~re~!:r1:,~ 4S, OOO 8ub9crlptlom for prererred stock of banks and trust companies..................................................................................................... 7115, 000 Sublcrlptlon (or creferred fttock ol tbe Export.Import Bank.-..................................................................................................... 26,000,000 . _ ! ' ~ h ~ 'r'P ~ or debentures or a bank-................................................................................................................ 2,150,000 ~ roran ... _, on d t ct, under the Emel'lll!noy Jl'ann Mortna Act of 1m, u amaded........................................................................... 1,800,000 npalr of propeny damapd by llood or other oatutroplie~ under tbe act approftd A.pr, 11, 19", u 800,000 Orr.ad tol•I, Parl lV (oomrnllmeolaoulJltandlns u or n.c,_ 11, 111311) .••••••.••••.••••••••••.•••••..••••••.•••.•.•.•••••••••••••••••••••••••••••••••••••••••••••••-W,ffl °il* . . . foulno..._ el end uf lehla. -D~.. ................................................ ~ ~ a i 00 i 0 Under sec. 5 of the Reconstruction Finance Corporation Act, as amended: outafandit111 Bank and trust company.......................................................................................................................................... $148,800 ~~f ~~~vg~~-.~: ~~~~ .~ ~~~~~~:::............. ... ......... ...... ... ... ... ..... ... ... ... ..... .......... ........ .................. ~ t::a PART IV.-COMMITMENTS OUTSTANDING AB OF DEC. 31, 1938 (Conditional agreements to make loans, or other authorizations, upon the performance of specified conditions) ~ l,:j z ....l",j i a j ! • i,; t:IUMMARY OF TABLE 1 Amount or IIU• thorizations, al- locations, and commitment s outstanding 0 cg:N. (1) Q_ ~ CJ 0 ~ ~ Part I. Loan and other authorizations •..• •• . .....• ••••. •. •...•..••••.••••••• Part II. Purchases of securities from Public Works Administration ••..•.••.. Part III. Allocations to other governmental agencies ..•••..••••..••.••••••••. $9, 418, 001, 395. 41 Total .•••••••••.•.•..•.• •··• • •·•••••·••• •··••····•···••·•··•·••·•· •••• • Part IV. Commitments outstanding•.• ••• •.•••••••.•••••••••••..••••••••.. •. 12. 633 603, 670. 89 420,317, 975.00 Grand total ••••••••••..•••••.•• ••....••.•..•••...••••••••••• ••...••.•.. 13, 053, 921, 645. 89 663, 201, 209. 49 2. 5/il, 601, 066. 119 • Exclusive of repayments unallocated, pending advices, as ol Dec. 31, 1938. • Includes $167,600 authorized throug,b ban ks and trust companies to business enter• prises, ol which $52,838.66 was withdrawn or canceled, and $114,661.35 was disbursed and repaid. • Includes $193,618,000 representing refinancing of loans previously made by the Cor• l)Oratlon to Federal land banks lbr different Individual amounts but In the same afjgl'egate amount. • Including $4,879,764.66 representing sales ol partlcipetlons authorl•ed to banks, etc. • In addition, $9,377,1119.5/i was taken by banks, etc., In loans In which the Corporation authorized purchases ol participations. • In addition, $23,021,770.62 was taken by banks, etc., In loans In which the Corporation authorized agreements to purchase participations. 'Includes $17,159,232.30 rEpresenting repayments and other reductions by States and political subdivisions; and $282,825,766.70 representing cancelatlon ol the Corporation's notes, pursuant to the provisions ol the act approved Feb. 24, 11IB8, equivalent to the balance ol the amounts disbursed. • Of this amount, $282,825,766.70 represents cancelatlon or the Corporation's notes, pursuant to the provisions ol the act approved Feb. 24, 1938, eq uivalent to the balance of the amounts disbursed !or relief and work relief under title I of the Emergency Relief and Construction Act of 1932, as amended. Amount or wltb• drawals or can- celatlons Amount or dis• bursements Amount or repey. men ts and other reductions • Amount outstand• Ing as or Dec. 31, 1938 ~ "ti 0 $2. 081, ~. 638. 77 5, 706,000.00 97, 400,000.00 $G, 975. 302, 522. 18 593, M.'I, 209. 49 I $6, ll!O, 1138, 102. 48 463,471,172.41 2, 463, 378. 179. 13 $1, 814, 3M, 419. 70 HO, 194, 037. (Ml ~ 8, 067, 787, 454. 02 1, 9M, MS, 466. 78 Q ------------·------- ~ 8, 067, 787, 45(. 02 2, 184, 3119, 638. 77 10, oz.I, 345, 910. 80 1, 9M, MS, 456. 78 ~ -- ------------------ -------------------- -------------------------------------·--- tzj 2, 184, 3119, 638. 77 II 2, 453, 378, 179. 13 10,022, 345,910. 80 II • The remaining $97,400,000 authorized to the Land Bank Commissioner to make Joana to Jolnt•stock land banks, was canceled. to Upon certiflcation by the Federal Emergency Relief Administrator, under the Fed• era! Emergency Relief Act ol 1933, the Corporation disbursed $4119,650,000 for relief, and $349,010.22 to the Administrator for expenses necessary to carry out the provisions or the above act, making a total of $499,999,010.22 so dil!bursed. 11 Exclusive ol amounts made available for relfef and work relief under the Emergency ~~;!_and Construction Act of 1932, as amended. These amounts are shown In part I 11 Includes $39,500,000 allocated !or revolving fund (capital ol regional agricultural credit corporations). 11 0 1 this amount, $2,416,378,179.13 represents cancelatlon of the Corl)Oratlon's notes, pursuant to the provisions ol the act approved Feb. 24, 1938, equivalent to the balance of the amonnt disbursed for allocations to other governmental agencies and !or relief by direction ol Congress and the Interest paid thereon. The remaining $37,000,000 is held by the Corporation In a revolving fu nd (capital ol regional agricultural credit cor· poratlons) pursuant to sec. 84 of the Farm Credit Act of 1933, as amended. An additional $2,600,000 of the foregoing revolving fund is held by the United States Treasury, such amount having been paid sub.iequent to the cancelation of the Corporation', notes. ir.o 1-3 ~ d 0 8 0 Z l,j z,...> z 0 t;l Q O ~ "ti ! ~ ..... ~ TABLE ....>+"- 2.-Aggregate loan and other authorizations, by classes, during the fourth quarter of 1938 Withdrawals or Authorizations Class cance1ations 1 Disbursements ' I Repayments and other reduc• tions I Outstanding·ln· crease for the 1, quarter 1 ~ tr.I "O 0 Loans under sec. 5 of the Reconstruction Finance Corporation Act, as amenrled: Banks and trust companies (including receivers, liquidating agents and conserva• torsL.... . .. . . . . .. . . . . . . . .. .. . ... . . . . . .. . .. .. . . .. . . . . ... . ... .. . . . .... .. .. .. . . . . .. Building and loan associations (including receivers).. . . . ... . ..... . . . . ... .. . . . .. .. .. , $3, 8i4. 48i. 97 4, 74.,. 000. 00 ~~~fft~~!i;F:~~iiiiies:::::::::::: :::::::::::::::::::::::::::::: :::::::::::::::: ....35. ~~: ~: gg. Joint•stock land banks. .. ..... . ...... . .. . .. ....... . . ... . . ... ....... ..... ... .... . ... Rail roads (including receh·ers and trustees)..... . .. . ... . ....... .. . . . . . ... . . . . ... . . . Borrowers engaged in the fishing indust ry ...•.. .. . ... .. . .... . ..... . .... .. . . . . . . . .. 353. 374. 36 22, 974,921.95 Total, sec. 5 of the Reconstruction Finance Cor poration Act, as amended .. ...... . . 67. 000, 284. 28 I Authorizations under sec. 5d of the Reconstruction Finance Corporation Act, as amended: Authorizations to business enterprises: Loans ............. • ...•. . .... . .. .• .....•....... . ............•.. . .........•..... Purchases of participations and agreements to purchase participations.....• . . .. '21,417,615. 75 • 12, 683, 5lfi. 94 $3,431,276.39 $962, 2(3(). 551 -- - - -- - - - - - - -- - - - - ----- - - --------- -46,491.37 43,083,089. 52 -- -- -------------617,259. 71 ··················1 · ··· · · ·· ······ 125.00 · · ·· 20,422,921.95 1=====1 1,003, 882. 92 p 67,554, 547.57 $9, 288, 695. 0 I 150,939. 12 48:l, 719. 61 4, 985,755.91 12, 103.00 357, 335.07 3,693, 31 1. 82 84, 5-11. 21 • $5. 857,418. 62 ' 150, 939. 12 • 483,719.61 38, 097, 33~. 61 • 12,103.00 259, 874.64 16,729,610.13 • 84,541.21 19, 056,450. 75 48, 498, 096. 82 0 ~: ~ ~ C"') 0 ~...... (v Total, authorization.s to business enterprises under sec. 5d of the Reconstruc• tion Finance Corporation Act, as amended . ..... ..... .• ..... . .. . ....•.. ..•. j Loans to public bodies under sec. 5d of the Reconstruction Financo Corporation 34,101, i32. 69 6,318,351.47 8, 032, 581. 73 16, 227, 894. 01 7,223,000.00 18, 859, 561. 92 2, 213, 500. 00 13,541,351.47 26, 892, 143. 65 18,441,394. 01 I I A:~:1~:~:~;~~:·~:~:t:~:i~~~i·~~:·~·~;~~~~;~~·~~~:~~·~:~~~~~~ ~ ~ 1==8=~=:=:=7=:=:=6=:0 =69=1I~=======11=======t=======F====== Loans on the assets of closed banks and trust companies under sec. 5e or tho Reconstruc· 75, 125. oo tion Finance Corporntion Act, as amended ........ . ............. ... . ...... . . ......... 1 Authorizations under the Emergency Relief and Construction Act of 1932, as amended: ----1---Loans on self.liquidating projects, sec. 201 (a), title 11. . • ..• . ....•... . • ... . . ...... .• . • . ... ~ 'M"c6)~~[1°ttlr of damage by earthquake, fire, tornado, or cyclone in 1933,. ··················1····· Loans for financing exports or agriculturnl 5urpluses, sec. 201 (c), title U . ••• ••.••• ••• • •• •••••••• •• •• .• • . .•• • 60,000.00 .• . • Loons for financing or agrlculturalcomroodities nod livestock, sec. 201 (d), title U . . •. 1 Jor Total, Emer11eocy Rollefaod Construction Act ofl032, nsamended ••. •••••.• .•.••• l 00, 000. 00 895,113.97 602,652.21 89,548. 18 l=======l==== ===I= ... 13, 697, 321. 91 5, 860, 125. 91 20,582.58 ···1·················· 10,000,000.00 ..• ... l··················I t".! 0 0 z UJ t-3 ~ 14,405,647. 71 1, 822, 246. 30 21,898,287.53 2, 362, 188. 21 1-------•1---- ----1--------1 ------- - - - - - - - '6" l:rJ ~ :::; 7, 492, 639. 82 539,941.91 856. 51 2, 200, 494. 96 ~ 0 53,000. 00 15, 913,126. 01 252,976. 97 I 0 t-3 ..... 0 z l:rJ ..... ~ z 0 • 292,461. 76 trJ ' 7, 837, 106. 00 8:x, ' 20,582.58 10, 000, 000. 00 • 109, 976. 07 1,942,244 . 46 AAL 41\ 13. 070 .. i======.. . , --·· ·-, "tl 0 =a ~ 0 z - 2, 452, 72(). 891 4, I 16, 748. 89 I , 300, 6ro. 67 Au tborizattons u nder sec. 304, title III, ol the act approvod. Mar. 9, 1933, as s meodod: ~g:,.f;tfo~;0[.;r"gr!\~~.it.~~~n~~~tto'ii°frg::u~mpii.n-ies:::::::::::::::::::::1----22;1ir,;aoo:oo-1-------i<i2,-cixfoo-----..5,-262,-500.·oo· Purchases of capital notes or debentures of banks and trust compaolos. _____ ______ _ -----------------· ---- ---- --- ---···· 102,000. 00 22,715,300.00 T otal, sec. 304, title nr, of t boact approved Mar. 9, 1933, as amended_______ ________ Loans on preferred stock of Insurance companies under sec. I ottbe act approved June 10, 1933 as ameoded .- --·- - ------- - - --- -------- - ·-- -· ----- - ---- ---- -- -- -- --- --- - --- -·-- __ Loans to or for t he benefi t of drainage, le,·ee, irrigation, and similar districts uuder sec. 36, title II, of tbe Emergency Far m Mongage Act of 1933, as amended _. ___ . . .. ___ . Loans to finance tbe repair of damage by earthq uake, flood , or other c:itastropbe in 1933, 1934, 1935, and 1936, under t ho act approved Apr. 13, 1934, as amended ______ .. Loans to borrowers engaged in tbe m ini ng, milling, or smelting of ores, under soc. 14 of tbo act approved Juno 19, 1934, as amended __ ______ ····--···--··-- - --------- · ···· . Loans to or for the benefit of tax-sup ported pubiic-scbool districts or otber similar public-school au thorities in charge of public schools, under t ho act npprovod Aug. 24, 1935. __ --- --- - . -- ... ... . ----------· - -- ..•.. . -------- .... -- ...• ---- --- .... · · · •. Loan to the Rural Electrlflcatioo Administration, under t ho act approved May 20, 1936, as amended . _. _. ____ . . _________ _____ . ___________ .... ····· - · ··· ----- -- ······· .. Grand totaJ.. __. _____ • ____ _. ___ __ _________ _________ . •. ___ .• ___ ___ .• _••• ___ . _____ . 1 These amounts ap ply to loans aut horized prior to Oct. 1, 1938, as well as to loans aut horized during the fourth qu arter or 1938. ' E xclusive of repayments unallocated, pending advices, as or Dec. 31, 1938. • The entire amount of $3.874.487.97, shown above. was authorized Lo aid in tho reorii:anizatioo or liquidation of closed banks. • D ecrea.;e. 1 9 authorizations aggrel(atin~ $261,300, which were included in "purchRSes of porticipntio os in Joans to bus iness enterprises' ' dur ing p recedi ng qua rters, were transr.:!rrod t.o "loans to business enterprises" during tbc fourth quarter or 1938. 8 aut.horitatious agi!regating $409,650. which wore included in " loans to bmines.; enterprises" du ring preceding quart.ors , were transfe rred to "purchases of participations in loans to business eoterprbes" du ring the four th quarter of 1038. 0 -g: N- ro Q_ ~ C") 0 ~ ~ 100. 000. 00 1, 451, 724. 45 280, 000. 00 786,613. 28 87,000.00 9, 000. 00 45,271,500. 00 I - ~- ··• •· ·1, \IJU, UV, VJ j- • 2, 452, 720. 811 41, 146,761.61 • I, 351, 6ro. 07 37, 3tl, 380. 05 = 0 = t:tj 100,000.00 150,000.00 • [.,(),000.00 I, 59-4, 414.47 141, 30(. 00 I, 453, 100. 51 3,500. 00 47, 737.64 • 44,237 64 87, 000.00 139,000.00 • 52,000.00 235,500.00 30. 000, 000. 00 • 211 ,42 1,802. 42 • Authorizations mnde prior to Oct. 1. 1938, were resclntle<I during Lho fourth quarter or 1038, a.s !nilows: Ba nks an,1 trust eom ponie.s1 $925,300 (to aid in the roor~aaizatwn or liquiJntion or closed bank.,); hwiness ooterprise.s, $527,660; purcba.•e• or port1cipntions and agreemants to purchase partklpatlons lo loans lo bu.sloes:, enr.erprls.i.;, $2(12,GOO; loans to puulic bodies, $5,124 ,000; a loan ou the assets or a clooed bank, $1 6,0i5; a loon !or tloaociag or nKriculturnl comllloditfes and livestock. $60,000; loans to or tor the uenellt or drainage, le,ee, irr i~aL1on, and similar districts, $671,340.05. Such rescissions ha ,·e. not hecn deducted from the autbc,rizalioos show n above for the !ourtb quarter oC 1938, ,oe., much as they applied to loans authorized during previous quarters. 'In 11dd1tion, under the Federal Emel'l(eocy Relier Act of IYJ3, tbe Corporation, during the fourth quarter of 1938, disbursed $561.42 to the Federal Emergency Helie! Administrator tor expenses net-essary to ca rry out tho provisions or the ahovo act. 'il 1-i 0 ',j :::, trj (".l 0 ~ u:, >-'l :::, r.: ('.) >-'l 0 .... ~ -z ',j Y. ;... ('.) trj ("} 0 ~ "Cl 0 ~ ....~ z 0 01 }6 REPORT OF RECONSTRUCTION FINANCE CORPORATION 3.-Number of authorizatiom, and number of neto borrotoera, etc., to wicl authorization, toere made, by States, during the fourth quarter of 1988 1 TABLE GRAND TOTAL State ---------- Number Number or author- or new lzatlons borrowers ombc or new Lzatlon., borro,rm ____ _____,, ----------- - - - - - , Alabama .••.•••...•....••.•.. 13 Arkansas .••••••.•...•..... California .•••..••............ Colorado ...• .••.. .•.....•.•.. Connecticut .••..•• .•.. .... . .. District of Columbia ..•...... Florida.....•..•....•.......•. Georgia ....•...•.... •••.. ..••. Idaho •..•...•.........•.•.•.. Illinois ..•.•..•..........••••. Indiana •••.•.•...........•... Iowa ..•...•••..... .•..... .• .. Kansas..••.••..•. •.•... . ..... Kentucky ••.•••.......••..... Louisiana .....•••...•.. ... ..•. Maryland .•.....•.....•..•.•• Massachusetts ...•.•.....•..•. Michigan .•..............•.••. Minnesota .••. .•......••••.... 19 46 15 10 38 11 11 3 5 50 16 2 61 47 3 44 15 11 11 22 18 26 33 25 20 16 10 5 17 24 24 9 9 28 20 Arizona __________________ ___ _ ~:~~f.P:::::.::::.:::::.::: Montana •.•.••..•...••. ...... Nebraska ..•......••..•.•.•.•. New Hampshire ....••••.••• .• New Jersey .......•..•.•...•.. New Mexico .....•••.•......•• N ew York .••.....•.........•• TOTAL, SEC. 5 OF THE Oalltornla .••.•••••••••••••••• District of Columbia ••••••••• Georgia •••••••••••••••••.••••• Illinois .•••••••••••••••••••••• Indiana .••••••••••••••••••••• Masaachusetts .•••••••••••••.. Michigan •..•••••••••••..••••. Missouri ••••.•••••••••••••••. New Jersey••.•••••••••••••••• New York .••••••••••••••••••• North Carolina••••••••••••••• Oregon .•••.•••••••••••••••••• Pennsylvania ••••••••••••••••• South Carolina ••••••••••••••. Number or author- State 5 66 60 11 5 19 9 3 11 5 15 18 9 2 38 8 32 8 84 71 North Carolina............... North Dakota................ Ohio......................... 0 klahoma................ •• •• Oregon....................... Pennsylvania................. South Carolina............... South Dakota................ Tennessee... . ................ Texas.. ....................... Utah........... . ............. Virginia..................... . Washington............... ... West Virginia •• ··•••·•·•·•••• Wisconsin.................... Wyoming.................... Puerto Rico.................. Grand total............ 1 2 1 1 1i ·········s 2 2 1 1 1 1 12 11 I l 15 u 37 a 4 1 7 1442 11 3 42 II 2l l 1 11 • • J 4 2ft 1 933 7 ,, 1----1--942 FINANCE CORPORATION ACT, Texas........................ Washington.................. West Vfrglnla... ••• •• •• •• • ••• 1 l « 1----1---- Total................... Authorizations: Loan to The RFC Mort• gage Co . •.•.••.••.•.••• Loan to Federal National Mortgage Association •. T o Railroads (including trustee) •. .•• .••• •.•••.. RECONSTRUCTION AMENDED 1 1 19 l 1 1 1 Total... •• . ••••••••• •••• Loan to The RFO Mortgage Co.• •••••••.•••••••••••••.• Loan to Federal N atlonal Mortgage Aasoclatlon •..••• A uthorlzatlons to Railroads (Including trustee) •. ••••••• G rand total. • •••• •• •••• 1 ,----t--211 ll 7 2 1----+--38 U BANKS AND TRUST COMPANIES (INCLUDING RECEIVERS AND I.IQl71DATING AGENTS) [Under sec. 5 or the Reconstruction Finance Corporation Act, as amended) District or Columbia ••••••••• Georgia. ..•••••••••••••••••••• Illinois ..•.••••••••••••••••••• Indiana .•..•.•••••••••••••••• Massachusetts .••••••••••••••• Michigan ...•••••••••••••••••• New York .••••••••••••••••••• '1 1 i ·········1 1 1 2 North Carolina............... Oregon....................... Pennsylvania................. South Carolina............... Total................... 1 1 1 1----i---- BtrILI>ING AND LOAN ABSOCliTlONS [Under sec. 5 or the Reconstruction Finance Corporation Act, u amended) New Jersey••••••••••••••••••• , See footnotes at end or table. Digitized by 1 Google 11 REPORT OF RECONSTRUCTION FINANCE CORPORATION 17 TABLm 3.-Numb,r of autAorilCltionl, and number of new borrOtDffa, •k:i. to tol&ic/a. 11uthorisationl IM'I fflel(U, "r Statu, during 1M fourth fUGrltr of 19"8-\.iOntinued TOTAL, SEC. 6 OF THE RECONSTRUCTION 'FINANCE AMENDED-Continued CORPORATION ACT, 11'111Lt.RC& COIIHRY [Under NC, 6 of the ~tructlon Fioaoce Corporation Act, Number Number of author• ofoew l&atlooa borrowen State 1 Mlssourl·-··················· 11 amended} Number Number of author• of new lzatlooa borrow en State --- ---·····--- MOBTOAO& Lou Co11umzs [Under ■ec. 6 of the Reeooatructlon Finance Corporation Act, 1 1 I •••••••••• California •••••••••••••••••••. Michigan .•.•••••••••••••••••• Washington •••••••••••••••••• 1 Total ••••••••••.••.••••. 1 2 JOUIT-8TOCII: Total................... ___ ____ Loen to: The RFC Mortgage Co.•. Federal National Mort• gage Aa,oclatlon ••••••• _, Grand total •••••••••. LAND 6 B.t.NU [Under aec. 6 of the Reeooatruclion FlnaDce Corporation Aot, Texas W eet V ••••••.••••••••••••••••• lrglnla.. •• • • • • • • •• • • • • 11 amended} 11 amended) l---+---1 ~ 1·········· .••••••••• 1 I 2 ·····-···· I TOTAL, AUTHORIZATIONS TO BUSINESS ENTERPRISES UNDER SEC. 6d OF THE. RECONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED [Direct loaoa to bualness enterprlaea, Including partlcipatlona) Alabama .••••••.••••.••••••.• Arizona_ .••....••.•..•..•.... Arkansas .•..••••.•.••......•. California .......••.••....••• . Colorado ...•...•...••.....••. Connecticut ..•..•..•..•.•.••. District of Columbia .....•... Florida..•••.•. .......•••••••. Oerogia •••••••••...•.....•••. Idaho_ •••••........•..•..•••. llllnois .••••...•••.• •...•••.•. Indiana •••••••••.••••.••••.•. Iowa ...••••.••••.••••.•••••.• Kansas .•••..••••.•.•.•••••... Kentucky •••••.•••••.•• •••..• Louisiana ••..•••.•••••••••.•. Maryland .•.•••••••••..• •••.. Massachusetts .•.••••..••.•••• §~~W(~~~~~~~~~~~~~~~~~ Montana ...•.........•.•.•.•. Nebraska ..•.•.....•••. •.••••. 8 8 New Hampshire ••.•.•..•.•.. New Jersey •••••..••.•.••••••. New Mexico .• . . .••.•••••..•• New York • • •..•.•••••••••• •• North Carolina .••••••.••••.•. North Dakota •••••••••••• •.•• Oblo .• .• ••••••••••••••••••.•• Okl3homa .•••.•.....••.•••..• Oregon .•......•.•••••.•..•..• Pennsylvania ...•.•..•...••.. South Carolina ..•.••.••••.•.. South Dakota .•••••.•...••... Tennessee . ..••••.••••..••. ••. Texas .•...........•...•....•• Utah ....•...•••.•••••..•..... Virginia .....•••.•.••••••.•.•• Washington ..•.•••••.•.••..•• West Virginia .••••.•••. .••.•• Wisconsin ..••••••••••.• •..• •. Wyoming•••••..•••••.••...•• Puerto Rico .••.•••••••••...•• 20 17 17 TotaL. •...•••...•••..•• 12 4 13 10 4 10 38 14 36 14 JI JI 2 2 68 46 2 60 68 2 41 12 10 21 17 • IO as 12 JO 19 16 9 5 25 17 26 20 24 25 17 9 5 2 25 8 77 17 1 44 11 13 34 3 7 8 69 16 1 41 10 10 24 3 13 7 11 37 6 37 3 41 5 21 I I 830 9 Bee footnotee at end of table. 188800-39-2 Digitized by 1 23 Google 6 33 8 24 0 1 18 REPORT OF RECONSTRUCTION FINANCE CORPORATION 3.-Number of authorizations, and number of new borrowers, etc., to which authorizations were made, by States, during the fourth quarter of 1938-Continued TABLE TOTAL, AUTHORIZATIONS TO BUSINESS ENTERPRISES UNDER SEC. 5d OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED-Continued LOANS TO BUSINESS ENTBRPI\IBBS [Under sec. 5d or the Reconstruction Finance Corporation Act, as .amended] State Number Number of author- of new izations borrowers Alabama ______ __ ____ _____ ___ _ Arizonn _________ ____ ________ _ 6 1 5 1 Arkansas __ --·---·.---·-· ·· --· California_-·---_ ...... · · -·-·Colorado_ --·- -·--·-· ___ ..... . Connecticut. .....••.. . . .• .... F lorida ......•.• • _____ ....... . Georgia ......... __ ·- __ ·--· .. . Idabo . . ......•.•. ·- -· .. -··- __ Tllinois .. . ... ...••• ••• .. _. ___ _ Indiana .....•..... . ..• . · · ··-Iowa .. . .. . ....... ___ • ___ . ___ _ Kansas . ..... . . .•• . ..•.. -··- -- )3 10 10 18 10 15 JI "5 • 51 54 2 '30 JI 07 5 49 7 43 2 I 27 8 6 12 "7 8 6 12 12 •9 4 17 fgii~~~~t ~:::::::::::::::: :: Maryland ..... ...... _. ___ .. __ Massachusetts .... ........ ___ _ Micbi~an ................... . . 9 10 14 17 S!m;N!!::::::::::::::::::: '8 12 16 4 Montan•-····--·-···-···-···· Nebraska .••.•.••. -·--·· .... ·- " 11 8 4 JI JO 11 9 JG 78 JO Number Number of author• oi new izations borrowers State New Hampshire....•......... New Jersey.................. . New Mexico ________________ _ New York . ..... ...•. ........ North Carolina .... _. _....... . North Dakota.... ........... . Ohio ........... ..... •.• •..... Oklahoma . ....... •. •.• -··-··· 1 10 12 6 ~[~g~nia _.. ... ••........•.•• •. W asbi ngton ..............•... West Virginia .... .......•.••• 10 6 u u u54 6 6 5 9 "11 24 3 Oregon __ ____ ________________ _ Pennsylvania .......•••..... _ South Carolina .......•..••. ·South Dakota .•......•.• ..... Tennessee ..•.....•.•.•.....•• Texas .•.................••••. 11 62 10 1 ' " 24 "1111 g 1 ' " 21 8 JI g 17 3 6 24 JO II 10 JI 24 4 11 26 4 11 4 2 "28 5 Wiscons in __ _______________ __ _ 2 ' 11 1 Wyoming ... •..•.......•... •. Puerto Rico .•.•....••....••.. 1 16 4 Total.. •.•...•••.•••.... 580 512 PURCHASES 011 PARTICIPATIONS, AND AGRBll:llll:NTS TO PURCHASE P.~RTICIPATIONS, IN Lo.A.NS TO BUSINBSS ENTERPRISES [Under sec. 5d or the Reconstruction Finance Corporation Act, as amended) 6 Alabama.··-·--· ·-···········_ A ri zona _______ ______________ California __ -··-·· ··· ···· ·· · ·· Colorado_ .. --·- ............. . Connecticut._ .. _..... . ...... . District of Columbia_·······Florida ... __ .. --· ........... . . Georgia ..• •··--- .. -· .... ····Illinois _____ -· --··········-· ·Indiana .. ·- __ -···· ...••... . . _ Towa ...... ·---·--··--···-··-Kansas ... . . . .. ·-· .......... ·- 16 3 7 111? 6 2 9 4 9 16 7 3 9 7 4 5 l 1 8 '10 12 8 ~i:~~~?~!::::::::::::::::::: 3 ' 6 2 ' II fgii~~;~[: ~::::::::: ::::::::: l'l'finnesota ... ·- -- · -· ....... -· 5 3 "20 '11 4 4 Maryland ....... . ........... . Massachusetts .. .. . ......... . Michigan _______ _______ ___ ___ _ 3 20 4 4 1 1 6 'JO 11 8 TotaL .• , •.••••..••.... 8 Montana ___ •·-·-- -··--- ·····- Nebraska_. ___._ . ............ . New lIRmpshire ......•...••. New Jersey ................•.• New Mexico ..•.. ............ . New York .... .•.........•.•.. North Carolina .••.....•.. .... Ohio . . . ..... ••....•.•.. ...•.. Oklahoma . .....•••.•••. ...... Oregon ...... _...•............ Pennsylvania .. _·--····· ..... South Dakota_--·······-····Tennessee ............•••••.•. Texas .. .. ·················· · Utah __ . .........•..•••••••... Virginia.-· ........•..•.•••... Washington ........•.•..••.•. Wisconsin. ____________ __ ___ __ Puerto Rico ........•.•••••• •• 5 l "Ia II I "" 15 1' ll "2(l II 2 2 7 2 "2 10 1 IO '7 II 13 15 7 20 2 Ill IO 2 1 13 7 5 1 13 7 1 16 II 13 2 I I 12 •o '10 "1 f - - - -·1- - - - 250 l 233 TOTAL, LOANS TO PUBLIC BODIES TO AID IN FINANCING PROJECTS AUTHORJZll:D UNDll:B Fll:Dll:RAL, STAH, OR MUNICIPAL LAW [Under sec. 5d of the Reconstruction Finance Corporation Act, as amended) Alabama •••••••••••••.••••••• Arkansas .•••••..••...•..••.•. California ••••.•...••....•.••• Florida •••••••••..••.••....•.. Georgia •••••..••.......•..•.• Illinois ••••••...••........••.. Indiana ••••••...•.•.. ••..•.•. Kansas ••••••••••...•.•.•...•. Louisiana ••••....•.•..•..•.•. Michigan •.•.............•.... Mississippi. ••.•••.......••... Montana .. •••.••..••..•.••..• New Hampshire •..•..••.•.•.. (') '1 'I '1 1 2 1 4 1 1 1 'I Ill 1 2 1 4 1 1 1 '1 II 1 1 1 1 New Jersey .••••.••••••••..•.• New York .....•••••.•••••••• North Carolina••••••••••.•.•• Ohio .•...•.......•••••••.•.•• Oklahoma ...•.•.•.••••••••.•. Pennsylvania .•••..•••••..•.. South Carolina ..•..••.••••••• Tennessee .••.•.....•••••••.•. Texas .•••...••...•...••••.••• Virginia •.•.•......••••••••••. Alaska._ .•.••.••••••••••••... Total. •••••••.•...•..••. (11) 2 1 •1 1 (') 2 1 '1 1 1 2 2 24 23 II (11) (') See rootnotes at end of table. Digitized by (11) Google REPORT OF RECONSTHUCTION Fl~.\NCE COUPOilATIOX 19 3.-Nu.mber of authorizations, and number of n ew borrowers, etc., to u:hich -authorizatiom u;ere made, by States, during the fourth quarter of 1938-Continued 'TABLE TOTAL, SECTION 5e OF THE RECON.fil}8.°lJ8N FINANCE CORPORATION ACT, AS [Loans on the assets of closed bank s and trust companies] Number Number of author· of new izations borrowers State Number Number of author• of new izations borrowers State -----------1----1----·11------------ ---- ---Indiana .. ••••.• •••••••...••.. Michigan . . •• • .••••••..•.••.•. I •1 2 IJ Total ••• .•• ••.• •• .•• • •• . 3 2 TOTAL, SEC. 201 (D), TITLE II, OF TIIE EMER G ENCY RELIEF AND CONSTRUCTION ACT OF 1932 [Loan for tlnancing of an agricultural commodity) Number of authorizations State Number of ne w borrowers Kentucky••••••••••••••.•••••••••.•••.•.•...•••••.••• . •••••••... 11 TOTAL, ACT APPROVED MAR. 9, 1933, AS AMENDED [Subscriptions for preferred stock of bauks and trust companies] Num ber of authorizations State California •. • . •••• • ••. •• ••...•..•..•.•.. Illinois •.•••.••••••.••..•• •. ••.•••.•.••• Iowa .•. . .•••• •••••••••••••••••••••••••• 11issouri. - ----- - - · - ___ _____ -- ---------New Jersey •••••• • •••••••.••••••••••... New York . • ••• • ••••••••••••.•••••.•••. Pennsylvania ••••••••• • •••.•.•.••.•.•.. Num ber of borrowers Less: Dupli• cations Net nu mber of uew borrowers 1 I . . ••• ••• • •.•.••• I •••••...•...• • .. 1 I •••··•••· •••••·· I ••••• • ••• • •••••••••••••••••••• • • • •••••••• •• •••••I 3 I ................ I 3 3 a .......•.. •..... I Total •••• •• ••••••••••••.•••..••.. 11 4 3 TOTAL, SEC. 1 OF THE ACT APPROVED JUNE 10, 1933, AS AMENDED [Loan on preferred stock of an Insurance company] Number Number cf author• of new izations borrowers State N umber Num ber or a u t hor• or no w iz~tions borrowers State Missouri . • •••• • ••••.•••.•••. • TOTAL, SEC. 36, TITLE II, OF THE EMERG ENCY FARM MORTGAGE ACT OF 1933, AS AMENDED [Loans to drainage, levee, Irrigation , and similar districts, etc.] Arizona •••.••••••••••••••••.• Arkansas •••••••••••••••••.•.• California •••••••••••....••••• ·Colorado •••••••••••••.• •• •• •• Florida ••••••••••• • •••••.. •••• Idaho • •••••• • •• ••• •••••••••• • ,Illinois ••••••• ••••• •• ••••••••• 1 6 '5 11 14 •a 3 1 •I 11 11 1 1 M issouri. •••••••••..•••.••••• M onta na ..•.•.•...••••••••••• Oregon •.•••. • .••••..•••••••.. Texas ••.• .. •.••••••.•••••.••• Total.. •.••••••••••••• •• ----fa2 Bee footnotes at end of table. Digitized by •a 15 •1 1 ••• 2 Google • 1 10 20 REPORT OF RECONSTRUCTION FINANCE CORPORATION 3.-Number of authorizations, and number of new borrower,, etc-,,. to which authorizatiom were made, by State,, during the fourth quarter of 1988--\j()ntinued TABLE TOTAL, SEC. 14 OF THE ACT APPROVED 1UNE 19, 1934, AS AMENDED [Loans to bo1TOwers engaged ID the mining, mllllng, or smelting or ores] State Michigan ..................... Number Number of author- otnew lzatlons borrowers 2 State Number Number ora,uthor- olnew lzatJoDB borrowers 2 co- •"Borrowers, etc.", Includes applicants to which loans have been authorized and lnstltuttona ID tlon with which purchases of preferred stock capital notes or debentures have been authorized. • Not Included In the State totals shown above, because the operations or the borrowers, eto., ord1Dart17 we not confined to any 1 State. • Arter eliminating duplications, the net number or new borrowers during the rourth quarter of 1938 wu 799. Such duplication arises when the Corporation, during the fourth quarter, made an authorization In connection with a borrower ror the flrst time under one class or loan or other authorization, and had made an authorization in connection with the aame borrower during a prior quarter under a different class of loan or other authorization. • During the fourth quarter of 1938, 1 authorization made prior to the fourth quarter was completel7 nsclnded. This rescission has not been deducted from the number orauthorlzatlona made during thequartlr, Inasmuch as the authorization was made during a prior quarter. 1 Includes a borrower to whom a loan was authorized prior to the fourth quarter or 1938, under aec. 6, u amended, of the Reconstruction Finance Corporation Act, such borrower being Included under that 1180tlon ID previous quarterly reports. During the fourth quarter of 1938, an authorization was made to this hor· rower under sec. 6e or the Reconstruction Finance Corporation Act, as amended. • During the fourth quarter or 1938, 1 authorization made prior to the fourth quarter was completely rwsclnded. This rescission has not been deducted from the number of authorizations and the number or new borrowers during the quarter, Inasmuch es the authorization was made during a prior quarter. ' During the fourth quarter of 1938, 1 authorization under "loans to business enterprises", made prior to the fourth quarter, was transferred to "agreements to purchase participations In loans to business enterprises." This transfer has not been deducted from the number of authorizations and the number of new borrowers under "loans to business enterprises," nor added to the number or authorizations and the number or new borrowers under "agreements to purchase participations ID loans to business enterprises," Inasmuch u the authorization was made during a prior quarter. • During the fourth quarter of 1938, 2 authorizatlona under "purchases of participations ID lOIIDS to business enterprises," made prior to the fourth quarter, were transferred to "loans to business enterprises." These transfers have not bern deducted from the number of authorl,zatlons and the number or new borrowert under "purchfJl!8s of participations In loans to business enterprises," nor 9dded to the number or author,lzatlons and the number or new borrowers under "loans to busln,ess enterprbee," lnasmu.oh as the autborlza• tlons were made during a prior quarter. • During the fourth quarter of 1938, 2 authorizations made prior to the fourth qu,.rter were complet.ely rescinded. These rescissions have not been deducted from the number or authorizations made during th& quarter, inasmuch as the authorizations were made during prior quarters. •• During the fourth quarter of 1938, one authorization under "loans to business enterprllles," made prior to the fourth quarter, was transferred to "agreements to purchase participations In loans sold.' This transfer has not been deducted from the number of authorizations a,nd the number or new borrowers under "loans to busin86S enterprises," nor added to the number of authorizations and the number or new borrowers under "agreements to purohase participations In loans sold," Inasmuch as the authorization was made durlni: a prior quarter. 11 Durtng the fourth quarter or 1938, 1 authorization made prior to the fourth quarter was 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. a During the fourth quarter or 1938, 2 authorizations made prior to the fourth quarter were completely rescinded. These rescissions have not been deducted from the number of authorizations end the number or new borrowers during the quarter, inasmuch as the authorizations were made during a prior quarter. •• During the fourth quarter of 1938, I authorization under "purchases or participations In loans to business enterprises," made prior to the fourth quarter, was transferred to "loans to business enterprises." Thia transfer has not been deducted from the number or authorizations end the number of new borrowers under "purchases of participations In loans to business enterprises," nor added to the number of anthorizatloDI and the number of new borrowers under "loans to business enterprises," Inasmuch as the authorization WU made during a prior quarter. H During the fourth quarter of 11138, 2 authorizations under "Joana to bt1SID8118 enterprises," made prior to the fourth quarter, were transferred to "agreements to purchase participations In loans to business enter• prises." Theso transfers have not been deducted from the number or authorizations and the number or new borrowers under "loans to business enterprises," nor added to the number or authorizations and the number of new borrowers under "agreemants to purchase participations In loans te- bualn888 enterprlaea," Inasmuch as the authorizations were made during a prior quarter. 11 During the fourth quarter or 1938, 1 authorization under "loans to business enterprises," made ~ to the fourth quarter, was transferred to "purchases of participations In loans to business enterprises. Thia transfer has not been deducted from the number of authorizations under "loans to business enterprises," nor added to the number of authorizations under "purchases or participations In loans to business enter• prises,"' inasmuch as the loan was made during a prior quarter. 11 During the fourth quarter of 1938, 1 authorization under "aareementa t4> purchue participations ID loans to business enterprises," made prior to the fourth quarter, was transferred to "loans to business entarprlses." This transfer has not been deducted from the number or authorizations and the number of new borrowers under "agreements to purchase participations In loans to bnslneaa enterprises," nor added to the number or authorizations and the number of new borrowers under "Joana to bWllness 1111terprilee," lnumncb as the authorization was made during a prior quarter. Digitized by Google REPORT OF RECONSTRUCTION FINANCE CORPORATION 21 4.-Number of authorizations and borrowers, to which authorization, 1DM'• made; and amount of authorizations, withdrawal& or cancelations, disbursement&, and amount out&tanding, from Feb. S, 1932, to Dec. S1, 1938, inclusive, by State& I TABLE GRAND TOTAL State Alabama•• - .•..•••••••.•.. .>.rlzona •••••••••••••••••••• Arkansas .••••••••••...••.. California.-••••••••••••••• Colorado ••••••••••••••••••• Connecticut ••••••••••••••• Delaware •.••.•••.••••••••• District of Columbia .•••••• Florida •••••••••••••••••••. Georgia. ••••••••••••••••••• Idaho .••••••••••••••••••••• Illinois •••••••••••••••.••••. Indiana...................• Iowa ....................... Kansas ..•••..•.•.......•.. Kentucky .•............... Louisiana .•••.••.•••......• Maine ..................... Maryland ................. Massachusetts ............. Mlchigan_ ••••••••••••••••• Minnesota ••••••••••••••••• Mississippi.··········-···· Missouri. •••••••••••• _••••• Montana_·······-···-···-· Nebraska•• _••••••••• _••••• Nevada ___ ._ .• ___ •• _____ ••• New Hampsbire •••••••• - •• New Jersey---············· New Mexico_ .••••••••••• _. New York.-·•-············ N ortb Carolina ••••••• - •••• North Dakota ••••.•••••••• Ohio ••••••••••••. -·-·-··· -Oklahoma ••••••••••• _••••• Oregon. __ --··············· Pennsylvania ..•••••••••••• Rhode lsland ___ ••••••••••• South Carolina ••• ········South Dakota_ .••••••.•• _. Tennessee ••• _••• _••••••• _. Texas •••••• -•-·······-···-Utah_ ••••••• -···-···-·-·•· Vermont ••••••••• _••••• -._· Virginie._.·····-·····-··-·· Washington_-······----·-· V.:~t Vi~ginia ••••••••••••• W 1sconsm_ •• _•. _._._._._._. Wyoming ____ ·-··-·-·--···Alaska ___ •••••••• _••••••••• Hawaii ___ ----------------Puerto Rico __ ••••••• ·- ____ Virgin lslands ••• _•••••••.. Num• berof au• thor• lza. tlons 671 122 802 1,000 356 304 Num• ber of bor• row- Amount authorized ers -- Amount with• drawn or canceled $5, 600, 672. 32 24, 779. 872. 77 1,600,381. 70 67,014,206.67 11,512,856.66 692, 780, 178. 78 41,017, 698. 33 28,419,469.96 6,948, 149. 78 34,648,675.41 6, 395, 682. 01 2, 238, 300. 00 3, 407, 000. 00 5,317,098.51 37, 797, 419. 01 20 6, 131, t!M. 4-0 33, 792, 818. 38, 732, 621. 27 6,714,465.16 2,327, 167. 21 15, 825, 978. 94 447,468,374.67 57, 222,107.23 S4, 851,016.54 16, 523, 795. 15 90, 349, 272. 33 14, 651, 050. 12 4, 226, ti99. 42 21,981,608. 78 52,623,015.09 11,755,119.89 224,057,335.86 88, 452, 703. 05 78, 400, 279. 02 11,071,331. 26 152,932,912.23 16, 044, 438. 03 103,535,747.31 16,457,465.13 537,219, 92-1. 19 106, 045, 484. 46 41,503,653. 26 5, 775, 529. 22 50,685,196.44 6,144,975.64 129, IH.i2, 423. 61 34, 331, &i2. 52 I, 612,610. 14 15,938, 7'1:1. 22 3, 931, 526. 58 26, 565, 722. 99 12,008, 71Y. 04 4,423,537. 77 8, 000, 053. 00 I, 316, 700. 78 260,010,656.28 35, 97Y, 760. 92 I, 608, 2W. 78 12,050, 6:16. 01 796, 54-0, 157. 64 194,637,711.97 74, 1,()1, 293. 41 13, 856, 889. 90 I, 013, 326. 45 14, 3":J, 600. 73 605,651,012.08 133,725,418.52 2, 056, 334. 03 27, 6ti9, 754. 34 6, 118, t\66. 98 28,672.430. 881 386,557,515.52 72,137. U39. 57 801,421.36 8,104,699.40 5, 51j8, 500. 56 38, 683, 300. 24 4,212, 3V4. 56 19,076.113. 58 131,128,820.28 21, 778,767.55 142,688,439. 73 19,671,285. 87 4, 288, 546. 91 23, 135, 265. 94 2, 340, 280. 27 29, 072, 821. 63 50,512,073. 54 8,327.828. 53 18. 962,369.55 86,087,096. 4-1 5, 98:l, 0%. 49 48, 480, 39.5. 78 19,310,189.57 129,497,291. 13 1,018,637.60 6, 603, 92\l. 24 153,000.00 1,203, 5()()_ 00 214,103.00 1,444, Y3fi. 00 I, 272, 439. 78 7,900,500.00 120. 000. 00 251. 000. 00 29 148 555 1,028 272 2,047 1,031 I, 155 669 724 725 214 397 616 1,483 1,021 843 I, 251 8.10 327 194 I, 358 439 70 36 60 51 I, 315 901 117 82 1,962 1,400 485 667 379 276 1,583 1,159 455 243 523 284 2,278 I, 50S 41 31 179 276 469 316 503 800 I, 468 l,Ofi2 149 236 160 106 5.50 386 1 1,987 1,252 511 313 I, 468 1,078 119 60 14 12 5 4 34 28 I 3 -- $10, 658, 044. 37 6,983,707. U 19,090,412.63 227,126,627.111 7, 221, 304. 24 8, 291, 658. 00 340,700.00 3, 597, 482. 25 10,154,194.14 11, 183, 553. 611 3, 495, 726. 87 94, 225, 326. 61 12,631,937.11 6,786,830. 13 6, 366, 766. 85 8,119,952. 3g 27,792,431. 4-0 8, 041, 763. 05 33, 670, 214. 93 23,870, 132.116 66, 278, 256. 71 8, 378, 693. 12 12,231,669.02 21, 007, 733. 33 2,914,431.86 6,381, &ii, 13 778,161.67 940,469.10 00, 007, 758. 81 6, 1,()2, 658. 41 124, 200, 412. 01 11, 180. \l90. 68 3, 213, 455. 31 69, 514. 888. 25 2, 867, 401. 66 7. 463,194.88 57,897,294.18 3,617,431.63 3, 595, 770. 57 3, 053, 308. 99 25, 080, 439. 03 42,615,711.28 2, 928, 948. 66 10, 976, 680. 37 10,544,987.16 9, 241, 953. 43 5, 289, 625. 06 26, U45, 828. 35 1,248,665.01 613,000.00 $32, 648, 189. 60 11, 658, 228. 41 61,311,899.43 675,010,289.83 21,594,561.02 28, 216, 04-0. 72 I, 148,700.00 32, 126, 804. 00 21,669,857.86 27,117,876.73 12,708,294.49 386, 602, 571. 68 68,067,548.63 75,277,837.82 17,273,860.21 39, 680, 870. 88 135, IM, 251. 07 67,377,947. 77 129,717,003. 88 S4, 303, 531. 72 421,876,836.98 34,837,212.54 4-0, 485, 473. 65 92,027,135.70 13, 787, 148. 58 21, 8/il, 479. 04 8,478,681.27 4,719,852. 22 215,303,504.04 9, 668, 384. 90 691, 026, 153. 39 59,847,610.16 12,587, :158. 88 453,512,417.79 24, 448. 070. 31 22, 595,045. 11 283, 287, GUI. 31 343 $42, 188, 312. 75 78 648 596 255 199 27 63 435 791 152 1,253 731 739 613 487 374 117 281 467 8116 700 521 Amount out• · standing as of Dec. 31, 1938 I A.mount dis· bursed 7,075,028.04 31,452,504.63 14. 834, IOU. 02 106, 849, 760. 69 114,210,136.42 18, 405, 669. 03 26,712,541.36 40, 191, on os 49, 'IBU, 566. 44 41,677,516. 77 108,511, S57. 15 5,5~, 7Ul. 64 I, 050, 500. 00 I, 230,832.00 4, 952. 060. 22 125, ooo. 00 ---- ---------------1,175,056.64 121,500.00 ------ Total.-············-- 36,598 23,934 6,028,697,830.16 1,066,561,199. 78 4, 701, 733, 758. 71 1,162,856, 1192. 34 :, .A¥,~a°~!zaygnshe RFC 14 !\Iortgago Co.•--·-··-·· Loan to .Federal National _., Mortgage Association•2 Loans to Federal land I 67 banks'··-·---·-·-----· Loans to Federal inter• mediate credit banks•-· 8 Loans to regional am• cultural credit corporations (rediscounts)• __ ·- 1,343 Loans to railroads (In· eluding receivers and 181 trustees)•.······--·-··· See footnotes at end of table. I 105,021,275.61 ·····-··-•····· 118, 786, 848. 81 29, 158, 906. 01 I 38,710,064.01 38,710,064.01 50, 000, 000. 00 •••••••••• _•••• 121• 399,636,000.00 81 12,400,000.00 • 387,236,000.001 •••••••••••••••• 9,250,000. ()()1 ········-······ 9,250,000.001 .............. .. 6,596,811. 76 ! J73, 243, 640. 72 I.•• ••••• - ••••• •• 791 745,872,216.96: 106,393,555.89 1 625, 100, 661. 06 i 436, 093, 986. 81 12i 178, Si0, 452. 48i Digitized by I Google 22 REPORT OF RECONSTRUCTION FINANCE CORPORATION 4.-Number of authorizations and borrowers, to which authorizations were· made; and amount of authorizations, withdrawls or caneclations, disbursementa, and amount outstanding,from Feb. 2, 1932, to Dec. 31, 1988, inclusive, by StatealContinued TABLE GRAND TOTAL-Continued State Num• ber of au• thor• izations Num. berof bor• row- Amount authorized ers Amount witb• drawn or canceled Amount outstanding as or Dec. 31, 1938 • Amount dis• bursed - - -Authorizations-Contd. Loans for financing ex• ports of agricultural surpluses• •.•...•••••.• Loans to Secretary of Agriculture to acquire cotton•.....•.•.••..•.• Loans to Commodity Credit Corporation• .•• Suhscriptions for stock of The RFC Mortgage Co.• ••..•....••.•...... Subscription for stock of Federal National Mort• gage Association• .•.•.• Suhscriptions for pre• !erred stock of Export• Import Bank of Wash· ington •.•••••.•••...••• Subscription for pre• ferred stock of Second Export•lmport Bank of Washin~ton, D. C.•. Loan to Rural Ele,ctrifl• cation Administration• 7 4 $83, 370, 055. 22 $33, 146, 368. 56 2 1 28 23, liOO, 000. 00 uo. 224, 15ll6. 66 $20, 00!, 895. 99' ----·----------- 20, 200, 000. 00 3, 300, 000. 00 11,604,712,664.09 836, 995, 702. 78 767, 716, 962. 21 ---------------- 3 1 25, 000, 000. 00 --------------- %6, 000; 000. 00 U, 000, 000. 00 1 1 11, 000, 000. 00 --------------- 11, 000, 000. 00 11,000,000.00 3 1 45, 000, 000. 00 ··----·-------- 45, ooo; ooo. oo 45, 000, 000. 00' 1 1 2, 500, 000. 00 --------·-······ 1 106, 500, 000. 00 -·-------·-··---------------- 2, 500, 000. 00 1 46, 000, 000. 00 46,497,57U4 -Grand total •••••••••• 38,249 24,058 9,418,901,395. 41 2,081,293,638. 77 716,915,302,522.18 11,814,364, 419. 70 TOTAL, SEC. 5 OF THE RECONSTRUCTION FINA.NOE CORPORATION A.OT, AS AMENDED 340 41 Arkansas •••••••••••••••••• 375 California .••••••••• _•••.•.. 488 151 Colorado ...••••••••••••••.• 91 Connecticut •••••.....••••• 3 Delaware .•.. -•.•...•.••••• 110 District of Columbia .•••••• ll5 Florida .•••.•••.•.•••.••••• 307 Georgia •.••••.•.••••••••••• 138 Idaho .• -••••••••••••••••••• Illinois ••••••••••••••••••••. 1,412 Indiana •••••••••••••••••••• 537 919 Iowa•• -••••.••••••••••••••• Kansas .•••.••••••••••••••• 305 Kentucky •••••••.•...•.••• 401 Louisiana••••••.•.•••.•.•.• 428 120 Maine .••.•••••.•.•.•.• -.-· 211 Maryland .... -•.•••.•.••••• Massachusetts •••....••••.• 175 933 Michhmn .•.•••.•.•••••.•.• 562 Minnesota .••...•..•..••..• 266 MjssissiJ?pl. ••••..•.••••••• 656 Missouri ...••••.•••••.•••.• 143 Montana •••••••.•.••.•••.. 469 Nebraska .•••••..•• ·-······ 35 Nevada-.••...••••••••••••• New Hampshire •.•••••••.• 18 715 New Jersey .••......•.•.... 41 New Mexico .••.....• -•.... 532 New York ......••••••••••• 364 North Carolina .• -···-····161 North Dakota •••••••.•••.• Ohio ......•••.•••••••..•••. 776 320 Oklahoma .••••...••••••.•. 256 Oregon .... _•.•.•. ·-·· ..••• Pennsylvania .••••••••••••• 1,230 See footnows at end of table. Alabama ...•••••••••••••••• Arizona __________________ ... 154 18 197 200 87 42 3 30 126 160 56 707 300 525 172 199 173 36 122 80 416 290 135 332 61 189 12 13 444 19 257 205 83 462 145 87 618 $15, 893, 876. 42 $4, 20:,, 294. 82 287,048.27 3,041,300.00 32, 158, 020. 69 6, 386, 714. 13 209,267,103.50 10, 469, 267. 32 9, 822, 071. 29 1, 499, 022. 97 2, 619, 045. 69 20, 722, 785. 41 257,000.00 8,000.00 2, 878, 536. 01 32,064,534.01 4, 080, 802. 39 10, 329, 430. 82 2, 953, 303. 13 13, 846. 306. 53 8, 269, 781. 61 908,700.85 243, 405, 442. 99 42, 441, 836. 27 54, 668,774.00 10, 990, 464. 24 73, 109, 715. 13 11, 595, 178. 27 9,321,804.31 1, 973, 233. 92 23, 656, 285. 60 4, 443, 456. 70 129, 921, 025. 09 34, 362, 624. 74 7, 868, 2114. 21 65, 027, 734. 02 113, 907, 535. 56 12, 219, 224. 36 9,561,581. 77 71, 704, 903. 32 431, 159, 121. 52 98, 832, 364. 50 3, 577, 224. 78 17,183,179.13 2, 626, 330. 97 19, 196, 237. 03 78, 9.55, 144. 75 24, 244, 379. 10 5, 733, 700. 41 602,498.68 13, 702, 223. 59 2, 408, 505. 63 7, 999, 032. 11 803,556.69 1, 794, 000. 00 356,139.92 141,647,074.31 18, 709, 367. 84 705,669.02 2. 597,215.05 302, 471, 604. 05 103, 552, 323. 79 52, 357, 451. 31 10, 877, 731. 11 7, 944, 784. 75 1, 048, 148. 33 396, 413, 182. 46 89, 234, 811. 04 9, 846. 524. 53 1, 587. 406. 52 11. 526, 831. 43 2, 278, 750. 93 231, 116, 865. 81 63, MO 278. 12 Digitized by $11, 686, 581. 60 2, 754, 251. 73 25,740,456. 56 198, 38.5, 746. 46 8, 043, 345. ~ 18, 103, 739. 249,000.00 29, 041, 998. 00 6, 248, 628. 43" 10, 855, 589. 37 7, 361, 080. 7fJ 200, 801, 306. 72 43, 296, 709. 76 61, 402, 836. 86 7, 348, 570. 39 18, 777, 828. 90 95, 558, 400. 35 67,147,479.81 94, 976, 565. 88 62,056, 921. 55 330, 701, 678. 93 13, 597, 454. 35 16, 569, 906. 06 M, 278, 954. 37 5, 103, 167. 30 10, 993, 717. 96 7, 195, 475. 42 1, 437, 860. 08 116, 725,020. f,6 1,891,646.03 197,932,177.98 41, 312, 579. 82 6, 896, 636. 42 302, 024, 738. 39 8. 259, 118. 01 II, 184, 180. 50 176, 624, 187. 69 $971,629. 1, 188. 848. 21 83,921.31 888,342.63 627,230.40 1, 337, 951. 25 679, (()(). 70 1,031.053. 49, 501, 033. ffT 249,209.53 275,355.19 171,672.01 51,661.90 19, 162, 469. 96 1, 355, 526. 23 7, 420, 311. 45 11, 031, 407. 63" 13,893", 129. 68 20,787.23 172,535.46 3, 820, 322. W 88,611.95 1, 213, 937. 00 108,399.28 ---------------· 10,142,644.91 Google 9,034. 5-~ 36, €99, 150. 68 2, 509, 354. 46 39,985.51 7, M3, 767. 48 ~.637.98 305. 504. 30 8. 68:l, 700. g7 REPORT OF HECOX8THL"l'TIOX FIXAXCE COHl'ORATION 23 4.-Number of authorizations mid borrowers, to which authorizations were made; and anunmt of aut/iorizations, wilhdrawls or cancelations, disbursements, and amount outstanding.from Feb. 2, 19J2, lo Dec. SJ, 1988, inclusive, by States 1Continued TABLE TOTAL, SEC. 6 OF TIIE RECO~i'THUCTION Fl~ANCE CORPORATION ACT, AS A:11 i,;;s; llEU-Continued ~um.l:S:um_j State her of hf>r of hor• t~~;. iza- tions Amount authon,ed row- IAmount with• drawn or ers canceled Amount out• Amount dis• bursed stamii ng as of Dec. 31, 19J8 • -Rhode Island ....•.••.••••. 81 South Carolina ....•••..••• 1571 7~1 12\l' South Dakota ...•.•..•••.. 2t,ll Tennessee ...................... 223 48:1 Texas ..•••............••... ws 3081 Utah ......••••.•.••..•••.. w1 1311 Vermont ••.•.••••.•.•••••.• 371 86 Virginia ....•••••.•..•.•••. 1:,8: 2f>4 6101 "'.ashi~~ton, .•...•.•••.••. 1751 3241 lfiO " est \ ,rgm1a.•••.•••••.••. 62111 ,visconsin_ ...................... ---s:121 Wyoming ....•.......•.••.. 231 75 Alaska ..................... 21 21 Ilawaii. ................... 2j 2 Puerto Rico ..••••.•.••••.. _ _1, _ _6 ;¥,:i i!~::~~ 1~! 12. o:n. ij9:t 72 f271. 921. 36 4. 081, 2:m. 13 3,842, 387. 18 84. 511,817.03 8. f.78, 271. 78 fi,\ Nil, 2fR.R:i 8 f.26,311.09, 1:1, :113, 831.1)2 2, ,Iii, 746. Sil 2, 218, 289. 77 11. 314,U\HU\3 27, f.65, 056. 33 4. f.:18. 70:l. 00 45. 21 i. 4:19. 21 12. 7fi9, 715. 19 20, 302, 84fi 61 4,458, fi4i. 94 12, fi,'\f,, 2fi I. 67 70, 3U~. 4C.9. 61 4, 6H. 329. 24 534,637. 60 100. ooo. 00 1.••.•.......... 14. 1m.oo 8,;o, OO(l. ooi 372,694.25 2. 703,000.001 Total .....••.••.•.... 18,056 V, 023 3,267,919,116.01 Loans to: The RFC Mortgage Co.•. 14 1 105. 021. 275. 61 Federal National :\lort• gage ,l.ssociation •..•••• 1 50. 000. 000. 00 2 Federal land banks• ..... 167 12 '399,636,000.00 Federal intermediate credit banks•.......... 9, 250,000.00 8 8 Regional agrlcul turll! credit corf orations (re. discounts• .........•... 1. 343 12 178, 840, 452. 48 Railroads (including re• ceivers and trustees)• •. 181 ~I 745. 812. 216. 95 I J2, ORS, 9J8. 04 $326, 255. 70 186,705.97 81,394.40 8, 561.142.88 8,139,845. 14 120. 001. 71 137,696.48 2,989,451.85 2, 537, 894. 74 945,782.08 108, 97:l. 31 287,808.95 21, R!"i2, 7fl5. 11 8, 185, 606. f>.I 75, 5M. 311. 04 56, \124, 0:17. 74 HI, ,,52. 084. 75 0, 005, 806. 86 22,677, 8:i9. 73 31,417, 21l5. 72 24,675. 198. 67 57, 742,207.94 4,109.691. 64 100. 000.00 8.15, 897.00 845,305. 75 ---------------------------------------------· 652 654,000.86 2, 587, 393, 325. 13 206, 121, 281. 9529, 158,006.01 ••.• _•••••....• 98, 786, 848. 81 ......•.......• 12. 400,000.00 38. 710. 064. 01 o 387, 236, 000. 00 106, 393. 555. 89 625, 100,661.06 436. 093, 986. 81 Grand total.. .•.••••. 19,661 V, 136 4,756,539,061.05 777, 044. 368. 51 3, 919, 720, 539. 73 710. 084, 238. 7S 38, 710, 064. 01 --------------9, 250, 000. 00 ---------------- ------------·5,596,811. 76 173, 243. 640. 72 ---------------· - 1 B.iNKB .iND TRUST COMPANIES (INCLUDING RECEIVERS, LI~UIDATINO AGENTS AND CONSERVATORS [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] I Alabama ................... 314 Arizona .................... 39 Arkansas .................. 312 California .................. 424 Colorado ...•.•••••.•••.•••• 128 Connecticut .•••••••••••••• 78 Delaware .................. 3 District of Columbia .•••••. 103 Florida.•••••••.•.••••••••• 150 Georgia .•••..•••..•••••••.. 279 Idaho ...••••..••••••••••••. 98 Illinois_ .••••••••..••.•••••• 1,263 Indiana.................... 506 Iowa ....................... 871 Kansas .................... 295 e~ls~~~L.::::::::::::::: Maine ..................... Maryland ................. Massachusetts ..••.•••.•.•• Michigan ..••.•••.••••••••. Minnesota .•.••••••••••.••• ~l~~~~f.~~:::::::::::::::: Montana .•••••••...••••••• Nebraska .•.•••••.•.••••••• Nevada...•....•••••••••••• New Hampshire .•••••••.•• New Jersey ...•.•••.•••.••• New Mexico.•••••••••••••• Bee footnotes at end of table. 380 371 )17 152 105 801 549 257 624 99 443 31 18 378 27 138 $12,946.065. 87 16 2, 061, 300. 00 158 26. 690, 006. 49 159 126,234,475.25 5. 338, 993. 30 72 30 18, 498. 217. 73 257. 000.00 3 25 30, 871\, 001. 41 8, 926. 297. 83 JlO 146 11,747,812.02 3, 659, 856. 72 50 610 218,947,984.00 275 47,932,774.00 491 62, 920, 365. 13 8, 802, 304. 31 163 179 20, 780. 857. 60 132 Jl8, 691. 162. 69 33 61. 827. 134. 02 77 62, 344, 393. 96 48 42, 933, 700. 00 1328 408,830,657.60 279 13. 749,679.13 12\l 18. 463, 259. 36 314 62, 967, 002. 84 52 3. 120,987.51 7. 841. 848. 59 li7 6, 403, 725. 92 9 13 1. 794, 000. 00 149 80,847,892.30 14 1, 513. 773. 54 $3,632,841.96 187 048. 27 5, 732,719.86 8. 520. 287. 99 1, 129. 192. 13 2. 2.54, 560. 17 8,000.00 2, 878. 536. 01 3. 940, 182. 78 2, 424, 313. 55 757,710.33 34. 398. 285. 43 0, 621,676.55 8,499, 214. 28 1. 837,750.58 3. 016, 468. 31 32,091.837. 34 7,868,254.21 8, 860, 924. 77 6, 034, 979. 83 93, 071, 046. 22 3, 500. 237. 01 2,615.628. 19 22 112. 205. 51 377,839.61 1, 449, 863. 51 352,594.36 356,139.92 10, 882. 178. 19 539,419.14 $9,313. 223. 91 1,874,251. 73 20, 926, 436. 63 117,702,097.54 4, 209, 801. 17 16, 243, GS 7. 56 249,000.00 27, 852, 465. 40 4,986, Jl5. 05 9, 286, 084. 44 2, 902, 146. 39 184,387,398.57 37. 929,497.45 54, 399, 450. 85 6, 964, 553. 73 17, 329. 389. 29 86, 599, 325. 35 53,946,879.81 53,419,469.19 36,812,320.17 315. 107. 033. 29 10, 240. 942. 12 15. 847,631.17 40. 838, 084. 57 2. 715, 113. 47 6, 391,985.08 6,051,131.56 1. 437,860.08 69, 002, 114. 11 974,354.40 Digitized by $371,067.07 ------ 791,879. - --- --- .. -3i 83,921.31 5,865.21 610,080.40 ---------------667.000.00 345,497.31 662,182. 31i ---------------48, 946, 706. 29 184,789.66 150,511. 2& 171,672.01 51,661.90 17,165.694. 03 2,647. 5S 13,417.43 702,600.00 13, 739, 113. 7~ 20,787.23 172,535.46 1, 610, 397. 75 88,611.95 139,128.34 -·----------------------------2, 316, 599. 20 Google 9,034.58 24 REPORT OF RECONSTRUCTION FIN.ANOE CORPORATION 4.-Number of authorizations and borrower&, to v,hich authorizationa t.Nrl made; and amount of authorizations, withdrav,l& or cancelationa, disburaementa, and amount otdatanding,from Feb. B, 19SB, to Dec. 81, 1988, incluaiOB, by Statea '-Continued TABLE BANXS AND TRUST COKPANU:S (INCLUDING RJ:C:S:IVJ:BS, LIQUil)ATING AGJ:NTS .UID CONBEBVATOBII) -Continued Numberof au• thoriza. tlons State Num• berof bor• ?OW• Amount authorized ers Amount withdrawn or canceled Amount out• standing as or Dec. 31, 1938 I Amount dis· blll'88d -New York ••••••••••••••••• 422 North Carolina •••••••••••• 2-ll North Dakota ••••••••••••• lM -Ohio ••••••••••••••••••••••• 603 OklBhoma ••••••••••••••••• 299 Oregon •••••••••••••••••••• 226 Pennsylvania •••••••••••••• 1,121 Rhode Island •••••••••••••• 6 South Carolina •••••••••••• 116 South Dakota ••••••••••••• 252 Tennessee ••••••••••••••••• 433 Texas •••••••••••••••••••••• 503 Utah •.•••••••••••••••••••• 93 Vermont ••••••••••••••••••• 86 Vll!linla .•••••••••••••••••• 234 W ashlnfiton ..••••••••••••• 378 West V rg!nla•••••••••••••• 298 Wisconsin ••••••••••••••••• 730 Wyoming•••••••••••••••••• 41 Alaska ••.••••••••••••••.•• 2 Hawaii ..•••••••••••••••••• 2 Puerto Rico .•••••••••••••• 7 -- 191 $118, 281, 293. 21 $19, li02, 281. -l7 II, 772, 258. 65 118 37,981,187.61 7,649, 28-l. 76 1, 039, 880. li8 77 264 286, 393, 899. 64 67, 78-l, o«. 62 4, 691, 874. 63 1,463,972.96 127 1, 667, 778. 38 9, 372, 880. 88 80 629 218,692,159.66 61, 138, 1156. 91 2 1, 873, 413. 40 259,668.36 2, 706, 037. 62 53 21, 500, 946. 13 122 6, 14-0, 916. 70 1,096,113.38 198 73,117,431.50 6, 371, 046. G7 6,066. 872. 22 239 31,498, 47-l. 80 8, 001, 388. 62 2, 406, 163. 17 66 2, 218, 289. 77 37 11,314,096. 63 116 20, 315, 808. 67 3,374,552. 10 147 32. 467, 510. 09 11, 661, o«. 30 138 25, 067, 355. 84 3, 620, 000. 57 444 41, 720, 990. 81 10, 327, 179. 57 17 l, 486,574.42 290,041.63 2 100,000.00 2 850,000.00 H, 103.00 2, 703, 000. 00 372,694.25 6 $10, 579, 4"7.111 181,098.40 $117, 7111, 909. 46 28, 1711, 1128. 96 6, 609, 40l. 17 22'l, "66, 221.119 3, 227, 901. 57 7, 761, 202. 60 166, 600, 802. 7-l 1, 613, 765. 04 18, 791,408. 61 •• 044, 803. 32 66, 660, 784. 83 26, ill, 602. 58 6, 596, 235. 35 9, 095, 806. 86 16, 9-ll, 256. 67 20,773,841.79 21, 378, 355. 27 31, 393, 811. 2-l 1, 196, 632. 89 100,000.00 836,897.00 846,305.76 39,11116.61 S, 430, 477. 81 ··-····--------tll,837.113 6, 168, 4M. 112 2t2,360.70 186,050.70 81,39-l.40 6. 1116, G20. 86 2, lllO, ~LOO 12l,IIOLn 137,686.48 86,833.25 1,334,197.118 liOt,02.7' 69,673.31 -------·-------............................... ---------------............................. Total •••••••••••••••• 16,362 7,345 2,467,169,016.80 470, 982, 896. 89 l, 976, 166, ~ 67 121, 610, 966. 71 B'Ull.DING AND LOJ.N ASSOCIATIONS {INCLUDING RIICJ:IVJ:BS) [Under sec. 6 of the Reconstruction Finance Corporation Act, as amended] Alabama ....•.•..••..••.•.• Arkansas .••.•...••. .•• •.•• California .•..••••..••.•.•.. Colorado .....•.••...••••••• Connecticut ...... ....•.... Georgia ......•.••.........• J]linois .•........•....•••... Indiana ••.•..••.••.•.••.... Iowa . ....••.•.•.•.•..••..•. Kentucky .•.••••.•.•...•.• Louisiana . ••..••• •••..•.. .. Bi:jit::============== Mississippi. ..•.•..••..•••. Missouri.. .••••••.•••...••• Montana ......•.•......... Nevada .•..•.•••.•.....•.•. New Jersey ..•.•.•.••.••••. New York ......•...•...... North Carolina . ..•......•• North Dakota ....••..••••. Ohio •................••••.. Pennsylvania ..•.•••.••.•.• South Carolina ..••••.•.••• South Dakota .•.••.•..•••• Tennessee .... •.•.•.•...•.• if:~ia .................. . Washington ....•.........• West Virginia ......•....... Wisconsin . .. .....•.•...... Wyoming ...•.•••..•..•.... 3 45 50 1 8 1 73 16 15 16 33 23 24 5 4 1 4 1 292 36 85 3 239 77 28 7 6 24 13 5 17 89 5 3 28 32 1 8 1 70 16 13 16 26 19 16 3 4 1 4 1 264 24 68 2 173 72 19 5 6 20 9 5 16 75 2 $111,000.00 $811 . 96 2, 795,378. 25 137,014.84 9, 805, 134. 81 523, 756. 13 110, 000. 00 3, 263. 06 549, 000. 00 49, 242. 14 5,000.00 ..•••.......•.• 3, 988, 989. 09 302, 971. 46 1, 683, 000. 00 22, 179. 40 1, 132, 800. 00 25, 110. 25 1,449,500.00 54,488.39 3, 273, 860. 03 90, 860. 77 2,463,288. 63 130,200.87 2,091,287.87 221,494.69 1~7. 500. 00 3, 226. 48 103, 500. 00 7, 502. 78 250, 000. 00 2, 230. 27 313, 605.00 78,068. 78 85, 000. 00 55, 000. 00 36,819,693. 02 1,708,266.69 9, 267, 159. 38 1, 961, 134. 86 3, 580, 018. 39 75, 868. 94 155, 000. 00 3, 022. 75 52,178,834.58 22,547,623.40 4, 122, 100.00 159,297.39 1, 668, 049. 11 149, 228. 63 261,077.02 15, 011.55 290, 000. 00 405. 15 1, 718,150.00 105,416.04 975, 662. 35 25, 050. 90 849,000.00 5,591.24 1, 626, 000. 00 15, 081. 12 9,041,000.00 463,211. 79 815,611.87 83,472.88 Tote.I................ 1,249 1,022 153,085, 199.40 29,025,705.60 $110,188.04 2, 658, 363. 41 9, 281, 378. 68 106, 736. 94 499,757.86 5,000.00 3,686,017.63 1, 660, 820. 60 1,107,689. 75 1,395,011.61 3, 182, 999. 26 2, 333, 087. 76 1, 869, 793. 18 104,273.52 95, 997.,22 247, 769. 73 235, 536. 22 30, 000. 00 29,271,426. 33 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. 21 732, 138. 99 118, 134,493.80 See footnotes at end of table. Digitized by Google .••••...•..•.•.• $14,226.62 •.••••.•••.••.•• ••••..•••.••.••• ••••••••••·••••• ••••••··•··•·••• 30,684.63 ••.•..•••..•.••. ••• ••••••••••••• ·•••·•• ·••••·••· 405, 132. 13 205, 628. 66 ..••••••••••••.• ••·•••••·••••••• •• ·•••••·•·••••· ••·•••·•·•·••··• ••..••.•.••••••• .•.. _•.........• 798,647. 61l ·····-·········· •••. ··-· ••·••••• ••.••• ·•••·••··• 212,692.24 19,453.95 .••••••• ·•·•·•·• ..•••••••••••••• •••••••••••••••• ·•·•••••••••··•• ··••·•·••··••••• ..••.••.•••••••• ••••.••••••..••• WO. 00 287, SOS. 95 1, 975, 174. 76 REPORT OF RECONSTRUCTION FINANCE CORPORATION 25 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, disbursements, and amount outstanding, from Feb. 2, 1932, to Dec. 31, 1938, inclusive, by States 1 Continued TABLE INSURANCE COKP4NIICS (Under sec. 5 or the Reconstruction Finance Corporation Act, BS amended] Nwn•NwnState Alabama ..•••...••••..•.... Arkansas •••.....•.......•. Colorado ••....••.......••• District of Columbia .••..•. Florida .•••••••••••••••.••• llllnols ••••••••••••••••••••• Indiana .•• •••••••••••••• . Iowa .••••.•.•.•••••.•••••. • Karuas .••••••••••••••..... ~::~.~:::::::::::::::: Maryland ••••••.•.....••.. ~i~:S~ia::::::::::::::::: ~=f~'.~~=::::::::::::: Nebraska .. ......••••••• •• • New Jersey .•.•..••.••••••• New York •....••••••.•••.. North Carolina ..•...•..... North Dakota .•.•.•..•••.. Ohio .......••••• ..•.••....• Oklahoma ••.••.•..... •.... Pennsylvania .•...........• South Carolina .••..•...... South Dakota ••..•.....••. Tennessee .•.•.•..... .•..•. ~r:g%ia .•..••• ..•.•••• .... West Virginia •••••••.••.•.. Wisconsin • .••.•.•••••.••.. Total............... . beror th~;. izatlons beror bor• rowers Amount authorized Amount with• drawn or canceled $41,300.00 80, 000. 00 . . . . • • •. • • ••• •. . • . . .. . • . .. . . . . 2 2 1 3 9 I 2 2 $339,050.00 435, 000. 00 50, 000. 00 75, 000. 00 33, oro. oo 6,028,500.00 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 9,327,801.91 2,399, JiiO. 00 002, 000. 00 28, 483, 600. 00 1, 932, 500. 00 74, 500. 00 15,865,000. 00 27 5, 000. 00 1,816,225.47 504, 000. 00 50, 000. 00 711, 000. 00 4, 170, 731. 66 365, l 00. 62 736. 900. 77 60, 000. 00 209 133 104,439, 750. 19 6 4 1 1 2 27 10 24 7 1 2 6 16 2 3 14 10 6 17 7 2 6 a 3 4 1 1 2 14 6 13 7 1 2 2 10 2 1 6 6 5 9 5 2 4 2 5 6 3 1 4 12 1 3 . . . .. .. . . . . . . . . 00, 042. 28 1, 262, 021. 45 102,200.84 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, 357. 04 112. 50 5, 000. 00 7, 033,661.80 I, 950. 00 744,325.47 . .. . . . . . . . .•. .. . • •• • . . . . . • . .. • 34, 125. 51 44, 083. 24 10, 104. 37 276, 363. 58 . •. . . • . •• • . .. • . 13,331, 441.86 Amount out• standiug BS or Dec. 31, 1938 • Amount dis• bursed $297, 750, 00 ••••••... ·•·••·• 355, 000, 00 $64, 161. 50 50, 000. 00 ••••••••..•.. ••. 75, 000. 00 .... .•• •••••..•• 33, ooo. oo ............... . 5,932,457. 72 180,000.00 3, Zl5, 978. 55 .•• .•. ••.••• .... 3,550, 709. 16 124,843.93 334,016.66 ....•••••• ••••·• ......•...........•......•••••••• 1,248,056. 25 191,294.02 13, 985, OuO. 00 .•...•....•••••• 4,207,519.26 64,413. 92 22, 500. 00 ..••...•..•••••• 112, 000. 00 .•••......•••••• 8,614,574. 76 1,220,441. 25 1,997,466. 44 37,115.00 813, 500. 00 237, 016. 56 27, 397, 242. 96 364, 045. 50 I, 932, 387. 50 .•• ... •.•......• 69, 500. 00 .• ••••••.•••..•• 8,831,338.20 .•••.•••••••...• 273, 050. 00 ..•.....•••.•••• 1, 071,000.00 ..•.•••••••.•.•• 604, 000. 00 ......••..•••••• 50. 000. 00 ..•.....••..•..• 676, 874. 49 273, 000. 00 4, 126, 648. 42 260, 873. 22 375, 092. 25 ...•.•.. •••••• •• 460, 627. 19 ...•••.•••••••• • 60, 000. 00 ..•.... ..••• •.•• 00, 603, 200. 81 2, 097, 204. 90 MORTGAGE LOAN COKPANIES (Under sec. 5 or the Reconstruction Finance Corporation Act, 16 1 6 10 8 4 g 1 4 8 8 3 6 4 8 4 10 21 3 3 47 1 4 12 1 3 2 18 1 30 64 89 4 2 16 1 8 3 38 5 2 2 1 11 1 24 27 60 4 1 10 1 4 2 25 4 BS amended] $1,922, 760. 55 $532,340.00 $1,300,410.65 $73,377.44 100,000.00 100,000.00 .•••••••••••••.•• ···••••••••••••• 1,433,500.00 332,168.02 1,101,331.98 91,092.84 69, 742, 49:1. 44 1,082, 750. 48 68,259,742.96 ·····-·········· 1,374,000.00 29,903.88 1,344,096. 12 1,413.04 I, 675,000.00 315,243.38 1,359,756.62 17,150.00 1, J 14,532.60 .•••••... ...••. 1,114,532.60 fl70, 951. 25 878,032. 99 95,719.61 782,313.38 331,653.39 1, SJ 1,994.51 483,864.58 1,328, 129. 93 361,521.22 44, 02-1. 52 2,369,976.48 ··············-· 2,414,000.00 10,794,669. 00 6,261,230, 38 4,533,439. 52 343,642.85 22(), 000. 00 22, 508. 08 197, 49 I. 92 64, 419. 87 2, 773, 550. 00 2, 773, 550. 00 ..•••••••.••••••• ···-· ••••••.•••• 97, 500. 00 47, 500. 00 50, 000. 00 •••••••••••••••• 92, 500. 00 42, 500. 00 50, 000. 00 .•••••• ·-····· ·6, 483, 502. ~7 2, 157, 982. 88 4, 325, 519. 49 1, 400, 349. 78 3, 200, 000. 00 . • • . . . . . . . . . . • . 3, 200, 000. 00 1, 352, 388. 65 35,114,862.97 3,228,098. 72 25,239,008.93 7,201,265.36 28, 6~7. 648. 32 3,525,758.52 25,141,889.80 10,311,694, 16 14,320,262.29 4, 762, 711. 73 8,675,050.56 99,601. g7 3, 102, 500. 00 67, 500. 00 3,035, 000. 00 . ····-···· •••••• 517,477.67 3,200.00 514,277.67 ·••••••••••••••• 5, 989, 250. 00 1, 410, 724. 69 4, 578, 525. 31 089, 483. 5g 156, 370. 00 202. 39 156, 167. 61 ..•••••••••••••• 695, 225. 00 40, 978. 56 654, 246. 44 20, 000. 00 1,510,306.19 395,002.33 1,114,343.86 108,399.28 23,074,188.99 6,027,122.96 16,737,980.22 o, 790,381.47 209, 000. 00 60, 000. 00 149,000. 00 .•••••••.• ·····- Digitized by Google 26 REPORT OF RECO:NSTRUCTION FINANCE CORPORATION 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, disbursements, and amount outstanding,from Feb. 2, 1932, to Dec. 31, 1938, inclusive, by States'- TABLE Continued State MORTGAGE LOAN COMPANIES-Continued Num• berof au• thor• izations Num• berof bor• rowers Amount authorized Amount with• drawn or canceled Amount out• standing as o( Amount dis· bursed Dec. 31, lll38 I -New York ..•.••.••••••.••• North Carolina .•••••••..•. North Dakota •••••••••••.. Ohio •..•••••.••••••••••••.. Oklahoma.•.....•••••••..• Oregon ..••...••••.••••••.• Pennsylvania ..•••••..••••• South Dakota .•••••••.•••. Tennessee •••••••••••••••.. Texas .•.••••••••.••••••.••• Utah ...•.••••••••.••.•.•.. Virp:inia ...•••••..••.•••••• Washington ...••••..••••.. West Virginia ....•••.••••. Wisconsin .•••••••••••••••. 54 25 1 27 18 9 23 3 34 58 2 13 22 3 8 31 $146, 022, 3CO. 00 $80,817,889. 70 5, 718, 958. 96 006, 587. 20 11 65,000.00 1 245.00 1, 862, 081. 22 20 42, 968, 048. 24 4, 879, 650. 00 121,483.56 16 1,241,420. 25 692,522.55 3 6,081,475.00 1, 478, 550. 11 10 6, 576, 000. 00 2, 731, 262. 25 1 2, 048, 261. 14 11 10, 072, 165. 53 2,667, 754. 16 34 22, 713, 976. 26 1,285,000.00 50,000.00 2 5, 939, 921. 89 1, 228, 995. 63 10 8, 780, 825. 23 1,011,147.95 17 11,500.00 72,500.00 3 6, 488, 762. 92 1, 842, 785. 61 4 ------ ----719 420 488, 391, 122. 07 131,314,611.69 1 105,021,275.61 --------------2 1 50, 000, 000. 00 ------------------Grand total.. •••••••. 735 422 643,412,397.68 131,314,611.69 Total. ........••..... Loans to The RFC Mort• gage Co.• ................ Loan to Federal National Mortgage Association• •. 14 $66, 204, 410. 30 4, 812, 371. 76 64. 755. 00 41, 105, 967. 02 4, 758,166.44 548,897.70 4, 602, 924. 89 3,844, 737. 75 7, 840, 240. 18 20, 046, 222. 10 1, 236, 000. 00 4, 362, 412. 66 7,446,872.98 61,000.00 4, 645, 977. 31 347,982, 197. 14 $25, 965, 667. 59 703,196.61 --·------------000, 597. 41 220,637.98 ................................. 3, 282, 045. 89 ---------------3,092. 522. 02 4, 997, 725. 28 ---------------2, 864, 646. 48 1, 112,434.55 15,262. 77 48,500.00 ----73,432,012. 7i 98, 786, 848. 81 29, 158, 906. 01 38, 710, 064. 01 38, 710,064.01 485, 479, 109. 96 ------141,300,982. 78 CREDIT UNIONS [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] Massachusetts .......•••••. Michigan ...••.•.••.....•.. Minnesota ...••..•..•••••.. New York ....•..••••.••••. Rhode Island •.•.•.••••••.. Virginia ..•..••••••••••••.. Total. •••••••••.••••. 3 I 1 1 2 2 2 I I 1 1 I $74,555.00 $843. 42 $73,711.58 65, 000. 00 9, 504. 30 65, 495. 70 10, 000. 00 261. 29 9, 738. 71 20,000. 00 20, 000. 00 .••••••..••...• •· 467,446.00 12,263.00 455,183.00 5, 966. 80 • • • • • . • • • • • • • • • 6, 966. 80 $16,469.58 .••••••••• ·••••• .••••. •·•••••••• .••••••...... -·· 83,905.00 ..•••••...•••••• --- --- ------------------·1-----642,967.80 42,872.01 600,095.79 100,374.58 7 JOINT·STOCK LAND BANKS IUnder sec. 5 of the Reconstruction Finance Corporation Act, as amended] Alabama .•••••••••••••••••• Arkansas ..••.••••••••••••. Cali!ornia •••.•••••••••••••• Colorado •••...•.••••••••••• Georgia •.•••..••••••••••••. Illinois .••••.•••••.••.••••.. Indiana •.•••••.•..••••.•••• Iowa ..•.....••..•..••..•••. ~iiiW~~:.-.:::::::::::::::: Michigan ...•..••..••••••.. Minnesota .••••.•....•.••.. Nebraska ...•.•.•.•.•.•.•.• North Carolina ••.......•.• Pennsylvania..•••.•••.••.. South Carolina...•.••..••. Tennessee .•.••••.•.•••.••. Texas ..••.•••••••••.••••••. Utah ...•••.....•...•.•.•.. West Virginia .••......•.•.. Total. .•••••••••••••• I 3 4 5 2 2 4 3 1 2 2 I 8 6 2 8 3 6 1 3 1 1 1 1 1 1 2 2 1 1 I I 2 3 I 1 2 2 1 3 $575, 000. 00 500,000.00 3,485,000.00 2,494,772.68 205, 000. 00 3,645,300.00 335, 000. 00 2,150,000.00 330, 000. 00 82, 500. 00 1,035,000. 00 185, 000. 00 2,766,000.00 3, 144,786.45 401,000.00 2, 185, 000. 00 190, 000. 00 2,886,000. 00 550,000.00 1,800,000. 00 •• .• • . ..••• •• . . $576, 000. 00 $527, 084. 53 $104,811.41 485, 188. 59 187,944. 72 342,472. 72 3,142,527.28 ••••••·••······• 80,763.90 2,134,306.24 881,064.38 .. .• • .• . • . •• • . . 205,000. 00 ••••••• ••••••·•• 1,383,306. 72 2,261,003.28 •••••••••••••••• 62,078. 76 272, 921. 24 •·••••• ••••••••• 170,012.90 1,979,987.10 •••••••••••••••• 330,000. 00 ••••••••......... •••••••••••••••• .• ••. .. .. . . . . . . 82, 500. 00 •••••••••••••••• 158, 213. 06 876, 786. 94 ..•••••••••••••• ..•••... •. .. • . . 185, 000. 00 ..•••••••......• 516,000.00 1,950,000.00 1,017, 69H6 122,906.92 2,883, 742. 15 1,625,059.45 19,148. 24 381,851. 76 212,735.61 1, 168, 463. 98 1,016, 536. 02 •••••••••••••••• 100,000.00 90, 000. 00 ••••••• ••••••••• 719, 965. 48 2, 166,034. 52 691,045. M 1,767.58 548,232.42 ••••••••.......• 535, 102. 67 1, 16!, 897. 33 426,096. 57 - -66 - -27 ------------·-----1-----29,035,359.13 5,815,014.34 22, 402, 604. 87 5, 568, 724. 48 See footnotes at end of table. Digitized by Google 27 REPORT OF RECONSTUUCTIO:N FINANCE COilPORATION 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, disbursements, and amount outstanding,from Feb. !I!, 1932, to Dec. 31, 1938, inclusive, by States 1Continued "TABLE AGRICULTURAL CREDIT CORPORATIONS [Under sec. 6 or the Reconstruction Fine.nee Corporation Act, as amended] Num• :-Sum• ber of ber or tt~~. bor• State iza- row.. tions ers Arizona.................... Arkansas.................. Colorado................... Florida.................... 1daho.............. .•.••••. Iowa....................... Louisiana.................. New York................. North Dakota............. Or~on. ......••••..•••.... South Carolina............ Tennessee................. Texas...................... Washington............... 1 15 1 2 2 203 Total................ 250 I 6 4 3 7 2 1 2 2 I I I 2 1 2 I I 1 1 2 1 4 Amount authorized $880, 000. 00 214,135.95 71,455.31 435, 000. 00 fl3, 889. f,O 4~1. 000. IXI 120,000. ()(l 397, 2fil. 46 1, 000. 00 116, 790. 30 58, 500. oo 124, 2,.0. 00 9fi, 491. 08 3,063,103.89 Amount with• drawn or canceled Amount dis• bursed Amount out• standin~ as or Dec. 31, 1938 1 •• • •••• •• ••• • •• ••••••••••••••. $11,500.00 .• ••• • . . • • • • • • • 5, 167. I)(' 25,000. Ul $880, 000. 00 •••••••••••••••• 214,135.95 $30,543. lQ 59, 95,5. 31 •••••••••••••••• 435, 000. 00 .••••••••••••••• 58. 722. 6fl .••••••••••••••• 4,\fi, 000. I~ !..•••.•••••••••• ••••••..•..•. •. 120. OOO. IK1 •••••••••••••••• 164,660. 72 2.32, 590. 74 .••••••••••••••• • •• •• • • • • • • • •• • 1, 000. 00 .••••••••••••••• . •••••.••• .• . . . 116,790.30 ••• ••••••••••••• 58, 500. no .•••••••••••••••••••••••••••••••• 121, 2W. 00 ••••••••••••••••..•••••••••.••••• 6,239.95 89, 251. 13 •••••••••••••••• 81,931. 70 2,981, 172. 19 45,312.61 --·1------1-- 20 6, 120, 867. 59 477,249.37 6,643,618. 22 84,855.80 LIVESTOCK CREDIT CORPORA TIONB [Under sec. 5 or the Reconstruction Finance Corporation Act, as amended] Colorado •••••••••••••••••• Idaho .....•••••••••••••••.. Missouri.. •••.•..•..••••••. Montana ...•••••••••.••••. New Mexico ..••••••••••••. Oregon •••••••••••.•••••••. ·Texas.••••••••••••••••••••. Utah •..•.••••••••••••••••• Wyoming ••••.•••.•••••••.. Total ............... . 4 2 30 1 4 4 35 29 2 1 3 1 1 3 2 4 $.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 2, 342, 142. 95 154 19 14,511,327.88 38 9 $2-14, 400. 00 $138, 450. 00 •••••••••••••••• IOI, 8110. 00 2,030,235.29 •••••••••••••••• 421,000.00 ····••· .••••.•...•••••••••••••••• 14fi, 900. 00 I, 99fi, 3-50. 00 •••••••••••••••• 106,249.88 768. 191. fi3 •••••••••• •••••• 28, 450. 00 242, 290. 00 •••••••••••••••• 25, 9so. oo 2, 442, 445. m .••••••••••••••• 304,826.12 3,172,616.98 •••••••••.•••••• 161, 123. 19 2,181,019. 76 ••••••·•··•••••• 1, 539, 729. 19 12, 971, 598. 69 ••••••...••••••• PROCEBSOEB, OR DISTRIBUTOEB SUBJECT TO PROCES81SO TAXES [Under sec. 5 or the Reconstruction Finance Corporation Act, as amended] Connecticut .•••••••••••••. $567. 68 ••••••• •••••••• $567. 68 •••••••••••••••• 3, 428. 00 . ••• • • • • • • • . • • • 3, 428. 00 ..•••••••••••••• 487. no $487. 90 ••••••••••••••••••••••••••••••••• 3, 300. 00 3, 300. 00 .••••••••••••••••.••••.•••••••••• 7,400.00 7,400.00 .••••••••••.••••. •••••••••••• •••• 3, 90.5. 69 • •• •• •• • • • • • • • • 3, 905. r,9 .••••••••••••••• 7,000.00 183. 31 6,816.69 ..•••••••••••••• fto°;::;J: ~:::::::::::::::: ~~kl Jersey••••.•.•.•.•.... Pennsylvania.•••••••••.••. Tennessee .••.•.••••••••••• Total ••••••••••••.•.. 7 26,089.27 11,371. 21 14,718.06 ·••••••••••••••• STATE FUNDS CREATED FOR THE PURPOSE or INSURING REPAYMENT or DEPOSITS OF PUBLIC MoN&YB [Under sec. 5 or the Reconstruction Finance Corporation Act, as amended] Wisconsln ••••••••••••••••. 1--31--11_$_1_3,_os_1_,_11_s_.88_ ___$_2_3,_oR_4_.--1,0 1 Total................ 3 1 13,087,715.88 23,084. 70 $13,064,631. 181················ 13, 064, 631. 18 .••••••••••••••• See footnotes at end or 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 cancelationa, disbursements, and amount outatanding,from Feb. 2, 1932, to Dec. 31, 1938, inclusive, 'by States 1 Continued TABLE BORROWll:RS ENGAGED IN THI: FISHING INDUSTRY [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] Nnm•N berof b~f t~~;. bor• iza- rowtions ers State Florida ••••.•••.•••••.•••.• Georgia•••••••••.••••••••.. Maine ...•....•••••.•••.•.. Massachusetts •••••.••••••. Oregon .•.....••••••••••••. B<?ut_h _Carolina .••••••••••• V1rgm1a ....•.••••••••••••• Washington ..••••••••••••• 12 4 2 3 2 1 1 2 Total. .•••••••••••••. 27 9 2 2 3 2 1 1 2 Amount authorized $57, 100. 00 76, 500. 00 600. 00 29, 000. 00 525, 000. 00 22, 000. 00 42, 500. 00 57,000.00 Amount with• drawn or canceled Amount outstanding as or Dec. 31, 1938 • Amount disbursed $44, 900. 00 45, 125. 00 ··-·· •• ••.•••.• . • • • •• •• • • . •• .• . •• • • •• •• •• • • . • . .• • • • • • • • • • •• • .•••••••• •••••. ····"·········· $12,200.00 31, 375. 00 600. 00 29, 000. 00 525, 000. 00 22, 000. 00 42, 500. 00 57,000.00 $2,250.00 7, 350. 01 490. 00 643. 89 255, 666. 67 655. 27 38, 972. 12 45,950.00 ---1------1------1-------1-----22 809, 700. 00 90,025. 00 719, 675. 00 351, 977. IHI TOTAL, SECTION 5c OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED [Subscriptions for stock or mortgage loan companies] Dllnols..•••••••.••••••••••• $1,250,000.00 Total .•..•...••..••.. The RFC Mortgage Co. 1••• Federal National Mort• gage As~ociation •••••.••• 1,250,000.00 1,250,000.00 ··-·········· ....•...•• ·•·· ...•.• 25,000,000.00 ···········-··· $25,000,000.00 $25,000,000.00 Grand total.. •••••••• 3 $1,250,000.00 ······----······- ·•••··•••••••••• 11,000,000.00 .•••••••••••••• 11, 000, 000. 00 11, 000, 000. 00 37, 250, 000. 00 36, 000, 000. 00 3CI, 000, 000. 00 1, 250, 000. 00 TOTAL, AUTHORIZATIONS TO BUSINESS ENTERPRISES UNDER BEC. 6d OF THE RE• CONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED [Direct loans to business enterprises, Including participations] Alabama ••••••••.••••••••. Arizona ••.•••••.••••••••••• Arkansas •••••.•••••••.••.. California ••••••••••.••••••. Colorado •••••••••••••••••• Connecticut ••••••••.•••••• Delaware ..•....•..•••••••. District of Columbia ••••••• Florida .....•••.•.•..••.••• Georgia ••••..••••..•••••••. Idaho .•••••••••.••.•••••••• lllinois .•••.••••••••••.••••. Indiana •...•.•••..•.••••••• Iowa ....•••.•••...••••••••. Kansas ....•••••••••••••••. E;~iW~!:.-.:::::::::::::::: Maine .....••••.•...•...•.. Maryland ...•..•.•.•..•••. Massachusetts .•••••.•••••. Michigan ..••.•••.•••.•••.. Minnesota •.••••••••••••••• tl~~~i~f~~:::::::::::::::: Montana .••••••••..••.•.•. Nebraska .••....••••••••••• Nevada ••.......••••••••••• New Hampshire .•.••••.••. New Jersey ..••..•••••••••• New Mexico ••.•••••••••••• New York .•••••.•••••••••• See foouiotN ai end of table, 108 14 108 142 61 73 9 29 235 436 40 261 120 46 117 137 48 16 86 222 219 121 65 180 48 67 3 11 238 24 682 102 14 99 132 58 63 9 25 213 384 36 233 113 43 111 130 45 15 75 189 205 114 64 159 44 60 3 9 200 22 572 $2, 819, MS. 33 655,850.00 6, 500, 824. 10 16, 712, 908. 32 1, 375, 783. 33 5, 073, 145. 00 370,000.00 532,885.00 4,560,517.00 11, 200, 630. 93 909,416.00 17, 223, 016. 98 4, 634, 250. 00 1, 694, 425. 00 2, 065, 888. 27 3, 762, 174. 07 1,057,750.00 302,400.00 4, 431, 416. 67 11, 124, 684. 99 20, 046, 664. 65 2, 538, 216. 00 1, 194, 154. 85 11, 187, ~- 00 612,492. /SO 1,339,417.36 101,621.93 1, 673, 500. 00 19, 662, 086. 60 690,600.20 29, 216, 528. 22 $554, 252. 60 26,957.84 488,314.17 1, 573, 231. 95 429,833.80 1,207,192.32 18,500.00 138,562.50 51M, 181. 00 2, 366, 467. 38 79,770.50 4,571,517.81 1, 423, 018. 97 456,125.00 579,330.25 1, 344, 945. 67 143,734.98 114,150.00 1, 552, 253. 67 3, 142, 144. 65 2, 422, 595. 13 569,358.91 433,489.99 2, 998, 816. 36 85,992.50 300,305.29 24,124.14 329, 717,00 7,657,272. 75 126,250.00 10, 228, 416. 95 Digitized by $821,84.5.00 65,000.00 5, 141, 994. 50 6, 526, 164. 97 450,491.20 2, 829, 000. 00 331,500.00 184,806.00 3, 052, 480. 64 6, 213, 298. 20 735,598.31 10, 353, 930. 18 2, 420, 258. 27 1, 115, 279. 00 1, 012, 508. 87 1,810,484.47 562,769.85 184,250.00 2, 419, 438. 00 5, 294, 189. 88 10, 584, 744. 86 1, 086, 444. 59 343,715.00 5, 281, 569. 31 221,950.00 601,010.40 70,997.79 890,283.00 10, 674, 608. 94 $698. 428. 35 40,000. 00 4,245,017. (4 5,889,800. M 355. 788. 80 1, 802, IM7. 83 23,800. 00 119,231. 00 2, 516, 511. 76 3,816, 177.16 513,463.93 7,225,626.74 1,813,382.68 748,481.76 595,071.1 9 1,291, 159. 72 394,146. IS 97,380. 00 1,412,228. 48 3,653,242. 92 6,744,977.00 728,596.76 242, MS. 02 3,471,02:fl. 07 112,490.21 438, 1117. 112 ---·-·--------·· 688,402. 98 471, 450. 00 13,542, 121. 27 Google 8, 761, 250. 33 351,737. 98 8,772,422. 20 REPORT OF RECONSTRUCTION FINANCE CORPORATION 29 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawau or cancelations, disbursementa, and amount outstanding,from Feb. 2, 1932, to Dec. 31, 1938, inclusive, by States 1 Continued TABLll TOTAL, AUTHORIZATIONS TO BUSINESS ENTERPRISES UNDER SEC. Sd OF THE RE• CONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED-Continued State Num- ~um• berof beror BU· bor. thor• rowiza-tions ers North Carolina ••••••••.••• 131 21 North Dakota •••••••••••.• Ohio •..•••.••.••••••••••••• 280 45 Oklahoma ••..•.•••••••.••• Oregon ••••...•••••.••••••• 128 Pennsylvania •••••••••••••• 371 Rhode Island ...••••••.•••• 26 South Carolina •••.••••••.• 56 South Dakota ••••••••••••• 25 Tennessee .••••••••••.•••.• 147 214 Texas •••••••••••••••••••••• Utah .•••••••••••••••••.••. 26 12 Vermont •••••••••••••.•.••. Virginia •.•••••••••.•.•.•.. 74 Washington .••• _ •••••••••• 1 1,207 West Virrinia •••••....•... 60 {H Wisconsin •••.••••••••.•••. Wyoming ••••••••••••••••• 9 Amount authorized Amount with• drawn or canceled $6,893.363. 90 711. 960. 00 16,248,410.89 1,052,850.00 7,542,447.99 27,287,036.96 3, 540, 250. 00 3, 2.57, 075. 00 123,300.00 7,199,048.00 7,671, 5.57. 30 1,000, 195. 32 38~. 100. 00 3,451,662. 50 8,891, 8S3. !6 2, 320, 681.17 6, 838, 425. 00 80,200.00 11,()()(), 00 200,000.00 1,037,500.00 $1, 1142, 147. 22 Total •••••••••••••••• 6,910 6,025 291, 006, 942. 49 70,262,101.25 ~1;:' !!k-::: :::::::::: :: :::: Puerto Rico ••••••••••••••• 1 I 19 -- ~, 122 19 244 42 109 306 23 51 25 135 203 22 9 68 941 52 86 8 1 I 17 34,300.00 3, 85,5, 844. 91 111,500.00 1, 766, 648. 92 7,708,325.21 328,000.00 969, 762. 98 67,000.00 1, lll,039.19 900,741. 71 101,500.00 126,990.50 885,469.26 1,892, Of!. 19 804,815.21 I, 728, 130. 97 24,000.00 11,000.00 200,000.00 12,000.00 Amount dis• bursed $4, 366, 560. 71 554,638.60 8, 730, 149. 73 376,000.00 4,941,050.54 15, 279, 701. 19 2, 984, 000. 00 665,176.97 26,750.90 3,857,481. 49 1, 884, 595. 22 549,645.32 246,109.50 930,158.91 4, 526, rn2. 62 865,083.44 3, 496, 049. 62 30,200.00 Amount out• standing as or Dec. 31, 1938 • $3, 033, 263. 48 517,362.82 6,414,543. 32 265,773.86 2, 770, 173. 45 12, 222, 688. 03 2, 593, 27 5. 93 225,782.45 16,400.43 2, 703, 527. 40 1, 176, 530. 55 451,485.52 147,933.89 439,036.07 3. 067, 708. 611 554,874.39 2, 835, 16'1. 111 22,650.00 ----------------- --------------·· -------------------------------· 834,500.00 725,056. M 150,438,196.36 107,746,586.03 LOANS TO BUSINE88 ENTERPRI8E8 [Under sec. 5d or the Reconstruction Finance Corporation Act, as amended) Alabama ••••••••.•.••••••• Arizona •••••••••••••••••••• Arkansas •••••••••••••••••• California •• _ ••••••••••••.. Colorado .•••••••••.•.•.••. Connecticut ••••••••••••••• Delaware- .... --··········· District or Columbia._ ••••• Florida •••••••••••••••••••• Georgia_ •.••••..•••••••••• Idaho ••.••.•.•••••••••••••• IIJinois •••••••••••••••••.••• Indiana•••••••••••••••••••• Iowa-•••••••••••••••••••••• 50 51 9 22 212 377 32 227 Kentucky ••••••••••••••••• 93 38 85 108 Louisiana •••••••••••••••••• 41 Kansas •••••••••••••••••••• Maine .•••••••••••••••••••• 14 Maryland .•.•••••••••••••• 74 Massachusetts .•••••••••••• 176 Michigan •••••••••••••••••• 166 Minnesota_ •••••••••••••••• 76 Mississippi. ••••••••••••••• 51 143 Missouri. •••••••••• ·-······ Montana •••••••••••••••••• 36 Nebraska •••••••••••••••••• 56 Nevada .••••••••••••••••••• 3 New Hampshire •.••••••••• 7 New 1ersey .••••••••••••••• 176 15 New Mexico ••••••••••••••• 585 New York .•••.•••••••••••• North Carolina ••••••••••• _ 99 18 North Dakota ••••••••••••• 189 Ohio_·-···················· Oklahoma ••.•••••••••••••• 37 Oregon_ •••.••••••••••••••• 99 Pennsylvania •••••••••••••• 299 Rhode Island .•.••••••.•..• 18 South Carolina •••.•••••••• 41 19 South Dakota ••••••••••••• Tennessee ••••••••••••••••• 88 Bee footnotes at end of table. 72 4 85 84 47 41 9 18 192 329 29 199 87 35 82 103 39 13 6i 146 154 72 50 125 34 49 3 6 142 13 483 91 16 159 34 84 240 15 37 19 80 $1,296, 100. 00 109,700.00 6, 170, 024. 10 8, 098. 933. 32 1, 192, 700. 00 4, 249, 500. 00 370, 000. 00 463,760.00 4, 146, 7~7. 00 8, 181, 8.39. Tl 813,700.00 16. 352, 468. 65 3, 009, 550. 00 I, 637, 050. 00 1, 278, 004. 94 2,451,674.07 957,500.00 231,650.00 3, 496, 651. 67 9, 504, 650. 00 14,987,214.65 1, 751,680.00 880.080. 00 8, 284, 150. 00 433,900.00 962,300.69 101,621.93 1,128,500.00 17, 979, 183. 27 436,600.00 25, 266, 503. 22 4, 4x2, 157. 14 707,300.00 11, 964, 258. 34 6HO, 350. 00 5, 515, 450. 00 22, 626, 234. 00 2, 630, 000. 00 1, 482, 450. 00 61,950.00 4,336,519.26 $418, 150. 00 20,700.00 306,335.50 927,564.00 391,500.00 991,500.00 18,500.00 127,500.00 394,281.00 1, 785, 9/iO. 72 60,204.50 4, 288, 869. 48 1, 198, 800. 22 442,000.00 328,095.25 718,515.07 138,500.00 114,150.00 1, 388, 213. 67 2, 520, 946. 20 1,916,507.63 389,700.00 416,440.00 1, 335, 505. 56 26,500.00 192,680.29 24,124.14 305,000.00 7, 054, 950. 00 107,000.00 8,499.100. 57 1, 153, 704. 91 33,700.00 2,910, 100. 75 83,000.00 814,748.92 6, 718, 938. 57 316,000.00 761,423.03 27,250.00 616,002.86 $632, lll. 67 $531,841. 54 65,000.00 40,000. 00 5,039,961.17 4, 153, 794. 36 6, 526, 164. 97 5,889,800. 63 416,325.00 336, 169. 00 2,707,000.00 1, 686, 087. 86 331,500.00 23,800. 09 184,806.00 ll9, 231. 00 2,958,412.57 2. 422,443. 63 4, 850. 023. 20 3,029,770. 50 712,098.31 492,030.1 0 10, 050, 180. 18 6,923,435. 38 2, 322, 858. 27 1,740,382. 58 1, ll5. 270. 00 i48, 481. 76 727,421.69 432, 056.1 6 1,498, 401. 14 1,154,453. 68 512,769.85 359, 725. 00 114,250.00 97,380. 00 1, 883, 438. 00 1, 378, 47g, 48 5,187,472.04 3,581,603. 99 10, 155, 544. 86 6,416,454. 53 886,658.88 705, 745. 79 331,215.00 230,221. 63 5. 128,199.31 3, 346, 400. f IJ 168,700.00 85,340.21 596,210.40 434,117. ~ 2 70,997. 791··············· 820,000.001 688,402. 96 IO, 130, 658. 94 8, 423, 373. 51 283,450. oo, 272,537. 96 13,075,427.65 8,467, 113. 08 2, 07 4, 822. 26 3, 062, 032. 29 553,678.60 516,940.8 7 7, 846, 802. 59 5,675, 185. 43 265,773.8n 376,000.00 4,257,823.53 2, 594, 478. 49 13, 503, 803. 13 10, 692, 215. 08 2, 282, 000. 00 2,041,942. 6() 225,782.45 665,176.071 11,370.23 20,000. OO! 3, 192,231.491 2, 564, 729. 33 Digitized by Google 30 REPORT OF RECONSTRUCTIO~ FINANCE CORPORATION 4.-Number of authorizations and borrowers, to which authorizationa weremade; and amount of authorizations, withdrawal8 or cancelations, disbursements, and amount outstanding,from Feb. 2, 1932, toDec.31,1938,inclusivtt~byStateal- TABLE Continued LOANS TO BUSINESS ENTERPRISES-Continued Numberor au• thor• izations Num• berof bor• rowers 165 Texas .. __ -················· Utah. __ ..•.•••••••••••.••• 21 Vermont .••.••••••••••••••• 8 Virginia ......••••••••••.•• 46 ,vashington •....••.•••.••• •1, 133 West Virginia .••••••••••••• 41 Wisconsin _________________ 57 Wyoming•.•..••..••••••••. 7 1 Alaska_··-················· Puerto Rico ••••••••••••••. 16 155 17 5 42 877 36 54 6 1 16 State Amount authorized Amount with• drawn or canceled Amount disbursed Amount out• standing as of Dec. 31, 1938 I $6, 383, 540. 74 768,445.32 342,000.00 l, 712, 500. 00 7, 030, 308. 16 1, 398, 595. 45 5,231,525.00 33,700.00 11,000.00 922,500.00 $940, 534. 15 101,500.00 98,600. !iO 716,009.26 1, 'D7, 826. 11 565,099.50 1, 689, 000. 00 1,500.00 11,000.00 12,000.00 $1, 672, 866. 48 624,145.32 243, 309. !iO 887,158.91 f,288,«137.62 696,213.44 3, 186, 850. 59 30,200.00 759, 500. 00 651,30CI.M- Total. •••.•••••••••.. 5,593 4,793 225. 445, 750. 19 55, 596, 892. 36 137, 531, 1156. 36 99, 11611, (03. 5S -- $1, IM4, 179. 156. 426,055.52 145, 133. 89· 396,036.or 2, 868, 664. OZ toll, 'D2. IS. 2, 731, 200. 21 22,650.00, PURCHASES OF PARTICIPATIONS, AND AGREEMENTS TO PURCHASE PARTICIPATIONS. IN LoANS- '?0 BUIINJ:88ENTERPRISES [Under sec. 5d of the Reconstruction Finance Corporation Act, as amendedT Alabama ••••••••.•.•••.•.._ Arizona ___________________ Arkansas •.•••••••••••••••. California ••••••.•••••••••. Colorado .••.•••..••••••••• Connecticut. •.... __ .•••••• District of Columbia .•••.•• Florid3 ••...........•.•.. __ Georgia .•...•.. _. __ ······-_ Idaho ...•...•...•••••••.••. Illinois .•••••.••..•••.•.•.• Indiana ..•..•.•••••••.••••. Iowa ..•..•....••.•..•.•.••• Kansas __ ·----------------- fiiiWi!L:::::::::::::::: Maine ....•.•.••.•....•...• Maryl"nd ..•.•.•••.•...•.. Massachusetts ..•.•...•.... Michigan ..........•••..... Minnesota ........•.•....•. m~~;~tr?.~:::::::::::::::: Montana .••..•••••••.•.•.. Nebraska_._ ....•.•.•••••.. New Hampshire ..•.•••••.. New Jersey ...••.••••••••.. New Mexico ..•.•.•.••••••• New York ......•.•.••.••.. North Carolina ••..••••••.. North Dakota •••.•.•.••••• Ohio ....•.••....••.•••.•.•• Oklahoma •••.•••.••••••••• Oregon ..•....•.•.•.••••••• Pennsylvania .••••••••••••• Rhode Island_ .•••••••••••. South Carolina •••••••••••• South Dakota ..••••••••••. Tennessee .•••••••••••••••• Tex""-····················· Utah_ ..•.•.•.••••••••••••. Vermont. ••••.•••••••••••.._ Virginia __________________ Washington .•..•••••••••.• West Virginia .•••••••••••.. \Visconsin __________ ,. _____ _ ::;;:;/~.g--::::::::::::::::: Puerto Rico .••...•••.•..•• 31 30 10 10 14 49 11 22 7 23 59 8 34 21 8 32 29 7 2 12 46 53 45 14 37 12 11 4 62 9 97 32 3 91 8 29 72 8 15 6 59 49 5 4 28 74 19 34 2 1 3 14 48 11 22 7 21 55 7 34 26 8 29 27 6 2 11 43 51 42 14 34 10 11 3 68 9 89 31 3 85 8 25 66 8 14 6 55 48 5 4 26 64 16 32 2 1 1 Total................ 1,317 1,232 $1, 523, 448. 33 $136, 102. 50 $189, 733. 33 $I66, 586. 81 446,150.00 6,257 84 •••••••••·••·•••• ·••••••··•••·•·• 330, 800. 00 181, 978. 67 102, 033. 33 Ill, 223. 08 8,613,975.00 645,667.95 ···············-· ••••••···•·····• 183, 083. 33 38, 333. 80 34, 166. 20 19, 618. 00 823, 645. 00 215, 692. 32 122, 000.. 00 115, 116(). 00· 69,125.00 11,062.50 .••••••......... _ ·•••••·······•·• 413,730.00 109,900.00 94,068.07 94,068.07 3,018,791.66 580,516. 66 1,363,275.00 786,406. 6595, 716. 00 19, 566. 00 23, 500. 00 ' 21, 433. 77 870,548.33 282,648.33 303,750.00 302, 191. 36 724, 100. oo 224, 218. 75 97, roo. oo 73, ooo. oo57,375.00 14,125.00 ··•••••·•···•···· .•••••.........• 786,983.33 251,235.00 285,087.18 162,115.03 1,310,500.00 626,430.60 312,083.33 136,706.04 100, 250. 00 5, 234. 98 50,000. 00 · M, 421. 18 70,750.00 .••••.........• 70,000.00 ······•··••······ 934,765.00 164,040.00 536,000.00 33,750.00 1,620,034.99 621,198.45 106,717.84" 71,638. 936, 059, 450. 00 506, 087. 50 429, 200. 00 S28, 522. 50 786, 535. 00 179, 658. 91 199, 785. 71 22, 850. 97 314,074.85 17,049.99 12,500.00 12. 326. 39 2, 903, 050. 00 1, 663, 310. 80 153, 370. 00 124, 625. 51 178,592.50 59,492.50 53,250. (lf) 27.150. 00 377, 026. 67 107, 625. 00 4, 800. 00 4, 800. 00 545,000.00 24,717.00 70,283.00 •••••••••••..•• _ 1, 682, 903. 33 602, 322. 75 543, 950. 00 337, 876. 82 254,000.20 19,250.00 188,000.00 79,200.00 3, 950, 025. 00 1, 729, 226. 38 466,693. 62 305, 309. 12 2, 411, 200. 76 488, 442. 31 1,304', 528. 42 958, «1. 22' 4, 660. 00 600. 00 960. 00 421. 95 4, 284, 152. 55 945, 654. 16 883, 257. 14 739, 357. 89 372, 500. 00 28, 500. 00 ·•••••• .•••••••...••••••••• ••·•·• 2,026,997.99 951,900. oo 683, m. 01 175,694. 11e 4, 660, 802. 96 989, 386. 64 1,775,898. 06 1, 530, -i72. 95 910,250.00 12,000.00 702,000.00 551,333.33 1,774,625.00 208,339.95 ••••••••••·•••••• .•••••••••.....• 61,350.00 39,750.00 5,850.00 5,030.20 2, 862, 528. 74 494, 136. 33 665, 250. 00 138, 798. 07 1,268,016.56 50,207.56 211, 728. 73 132,350.89 321,750.00 .•••••• -....... 25,500.00 25,430.00• 46, 100. 00 28, 300. 00 2, 800. 00 2, 800. 00 1, 739, 162. 50 169, 460. oo 43, ooo. oo 43, ooo. oo· 1,861,575.00 614,235.08 237,525.00 199, IM4. 6T 922, 085. 12 239, 715. 71 168, s10. oo 145, 602. u· 1, 600, 000. 00 139, 130. 97 309, 199. 03 103, 872. 9846, 500. 00 . 22, 500. 00 . • •• • •• • • •• • • • •• • . ••••••••••••••• 200,000.00 200,000.00 •••••••••·••····• ••••••••••.•••.• 115, 000. 00 ••••••••••••••· 75,000.00 73, 750. 0065,561,192.30 14,665,208.89 12, 906, 24(). 00 Bee footnotes at end of table. Digitized by Google 8,177,182. "8- REPORT OF RECONSTRUCTION FINANCE CORPORATION 31 ;,- 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, disbursements, and amount outstanding, from Feb. 2, 1932, to Dec. 31, 1938, inclusive, by States 1- . TABLE , Continued LOANS TO PUBLIC BODIES TO AID IN FINANCING PROJECTS AUTHORIZED UNDER FEDERAL, STATE, OR MUNICIPAL LAW [Under sec. 5d of the Reconstruction Finance Corporation Act, as amended] Num•Num• berof thor• bor• t>,:~~f State iza. row• tions ers · Alabama.••••••••••.••••••• Arkansas •••.•..••..••••••• California...•...•...•••.••• Florida .•...•...•••.•.••• _. -R~~r!~~:::::::::::::::::::: Indiana.•.••••.•••••...••.. _Iowa....•••....•••.•••...•. Kansas .•••.•••••••••....•. Louisiana_·······----·-···- 5 7 5 4 2 6 I I I I 2 5 5 4 2 6 I 1 I I I Maine .••.••••••••••••••.•• Michigan .•..••.•••.••••••• Mississippi. ••.••••••.••••• Montana .••....•••••••••.• New Hampshire ..•.•.•.•.. Kew Jersey .....•.•.•.•.•.. New Mexico......•...•.•.. :\'ew York ..........•.•.... Korth Carolina •....••..... Ohio .•.....•............... Oklahoma .•..••.•.•.•...•. Pennsylvania.•..••••...... Tennessee .•••••••••••••••• Texas.•••••••••.••••••••.•. Utah .•..••...•.•.••••••.•• Washington •.•.•.•.••••••• Wisconsin •••••••••••••••.• I 2 8 1 I I 1 3 2 7 I I 3 6 1 2 1 1 3 2 3 1 1 2 6 1 1 1 Total •••••••••••••••• 75 62 Amount authorized Amount with• $2,746,000.00 34.o, 000. 00 351i, fiOO. 00 1, 607, 000. 00 4, 62fi, 991. 81 732,000.00 67,100.00 255,000.00 7,000.00 19,000.00 $246,000.00 ·•··•·•·•••••••·• ..•••••••••••••• 92,000.00 •.. ···•·••••••••• .....•••••••••.• 164,000.00 ..........................•...... . . .• . • . • • • . •. • • $836, 000. 00 $836, 000. 00 .•••••. •.. .• ... 2,426,991.81 2,426,991.81 ·•············· .•.........•..•...•••....••...•.. ...•..•••..••................•........•..•.•••.. .••.......••.......•............ ······•··•·•··•· ...•.................•...............•.......•.. ..••.........•. •••·•·••·····•••· ....••.•........ drawn or canceled Amount out• standing as of Dec. 31, 1938 • Amount dls• bursed f~: ::: ~1::::::::::::::: ::::::::::::::::: :::::::::::::::: 220,000.00 23,500.00 23,500.00 2 6 4,839,500.001 I I I I, Uii;: ~: ~ 1 ::::::::::::::: ::::::::::::::::: :::::::::::::::: 418,000.00 13,000.00 10, 266, 036. 00 64,000.00 I, 283,000.00 600,000.00 3,5, 000, 000. 00 9, 000, 000. 00 2,857,000.00 ......•••••.•••.........••••••.. •••·••••····•·•• .•... ••••••·•·• ........... ····· ..••.••••••..•••• .. • .. . . . . . . . . . . 9, 700, 036. 00 ..••••••••..•••• 19,000.00 ..•..••..... _.....•..•......... -· 737,000.00 515,000.00 515,000.00 ..•........•......................••••••••••.••• ..... ....... .. . 9, 1.59. 525. 92 ·•··••······ _··• 6, 000, 000. 00 3, 000, 000. 00 3, 000, 000. 00 19,000.00 .••..•••••...•.....••.••..•.••••• r,3, ooo. oo 63, ooo. oo ................................ . 13,720,000.00 ..••.....•.•••• ····•·••·•·•••••· ........••.•••.. 55,000.00 ······•·•······ ···········•··••· ...•...•........ 90, 755,127.81 7,560,000.00 :15, 661, 053. 73 6, 801, 491. 81 TOTAL, SEC. 5e OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED [Loans on the asseta of closed banks and trust companies] California •••••.....•••...•. Colorado •••....••.•...... _ Florida .....•.........••... fllinois •••...•••....••.••••. Indiana •••••••.....•••••••. lowa ..•.......••..•..••.... Kansas ..•...•.•••..••..••. Michigan ...••••••.••...... llinnesota..•.••••..•.•.... Missouri.. •••••••••.••••••. Nebraska ••••••••. _ •••••.•. Nevada •....•...•••..••••. _ New York ......••..••••... North Carolina ..••..••••.. ~g!'lh Dakota ••••••...•... 3 2 1 2 2 9 2 58 10 3 2 I 2 2 9 2 54 10 I I 19 Oklahoma .•.....••..••••.. Pennsylvania ..•.•••...•... South Carolina •• _••.•..... South Dakota._ ..••....... Texas .......•••...•••...... Wisconsin •••.•.•.••••..... 19 1 2 2 32 6 1 2 1 25 12 4 Total. .•••••..••••••• 197 10 _______ --- ---- __ -- ----- I 2 2 32 I I 2 I 25 12 4 188 $35, 901. 55 $508. 68 $35, 392. 87 $9, 994. 78 10,050.20 2,812.00 i, 238. 20 ·•········ ······ 1,100.00 ······---·--·-· I, 100.00 495.62 680, 585. 03 76,049. 67 604, 535. 36 2, 560. 04 46,600.00 4,100.00 22,500.00 ...•.......... _. 105,002. 20 29,546. 79 75,455.41 11,091. 57 24,500.00 11,107.93 13,392.07 2,478. 20 14,531,997. 55 1,033,283.03 13,070,514.52 I, 818, 103. 81 139,847. 13 46,845.53 93,001.60 30,585.94 14,500.00 3,176.68 14,500.00 ··············· 18i, 529. 32 164,916. 73 253,951.84 66,422. 52 6, 000. 00 6. 000. 00 ............... _. . ........ _.. _.•. 16, 922. 72 2, 691. 22 14, 231. 50 10, 426. 19 15,005.00 -·········-···15,005.00 6,983.91 39, i98.12 523,795.86 329,502. 75 563,593.98 70,259,749. 73 32,173,717.85 28,596,905.39 10,000.00 8, 800. 00 427. 51 8, 372. 49 2, 644. 65 268,000.00 2,955. 50 265,044. 50 247,973.80 1,450,000.00 136,935.82 I, 313,064. 18 1,007,932. 15 317, 6i4. 86 88,007.38 229,667.48 146, 108. 25 194,053.11 92, 179. 79 101,873.32 43,615.95 6,875.68 101,721.08 86,146.93 15,574. 15 89, 045, 555. 98 33, 899, 536. 27 45, 208, 693. 22 3, 855, 466. 70 See footnotes at end of table. Digitized by Google 32 REPORT OF RECONSTRUCTION FINANCE CORPORATION 4.-Number of authorizations and borrowers,· to which authorizatiom VIII made; and amount of authorizations, withdrawal& or cancelatiom, di,bu~ and amount outstanding, from Feb. 2, 1932, to Dec. 31, 1938, incluawe, by S1a1a1... Continued TABLE LOANS ON SELF-LIQUIDATING PROJECTS [Under sec. 201 (a), title II, of the Emergency Relief and Construction Act of 1932, as amended] Num•Num• ber of her of t~~;. bor• iza- rowtions ers State Am,mnt authorized Amount with• drawn or canceled Amount dis• bursed AmoonlUJI, slandinga, Dec.31,11111• - - - - - - - - - - - - - ------1------1-- - - - -1 Alabama •.•.... . .........._ Arizona ___________________ Arkansas ......... . ..... . . . California ................ . Colorado ................. . Connecticut. ............. . Florida .. ... . ........... .. . Georgia ................... . I daho .... ... •.............. Illinois .... ......... . . .. ... . Indiana .................•.._ Io,va ______________________ Kansas ...........•.....••. Ken tucky_________________ . . .............. ._ Louisiana Maryland ... ...... ... . ... . Michigan .. .......... .. ... . Minnesota .... ....... ... .. . ~:~~5..it~'.~~:::::::::::::: Montana .. ....... ... . .... . Nebraska ... . .... ......... . New Hampshire .......... . New Jersey .............. . . New Mexico .... ....... ... . New York ........... .... . . North Carolina ........... . Ohio ...................... . Oklahoma ................ . Oregon .. _·······-··•··-._. Pennsylvania ... _... .. .. _.. South Carolina .. . ........ . South Dakota .... ........ . Texa.c;; ____________ _______ __ _ 4 1 3 1 2 3 2 2 1 5 6 10 8 10 2 2 4 Utah ............... . . .... . Virginia __________________ _ Wisconsin _____________ ___ _ Total. .............. . I 7 4 1 3 16 3 l 21 Washington .............. . West Virginia ............ . Wyoming ................. . Puerto Rico ..... . .. ...... . 6 5 10 13 5 1 7 2 6 3 10 8 5 1 7 2 1 7 4 1 3 14 4 I 3 1 2 3 2 2 1 4 4 9 8 9 2 2 4 2 1 20 6 6 8 2 1 I 8 2 l l 1 1 l l ---192 $224,000. 00 $149,500.00 $74,500.00 1, 703, 500. 00 13, 500. 00 1,400,000.00 1, 463, 851. 92 515, 000. 00 948,851. 92 310, 655, 700. 00 6, 436, 000. 00 254,255,097.06 2, 002, 233. 79 572, 430. 00 1,429,803. 7~ , OOl 100,000.00 100,000.00 ••• ..•.•.•......... .......... -· 930, 000. 00 714,930.78 !00, 1, 644, 930. 78 41, 000. 00 19, 000. 00 22,000.00 UII 60,000.00 ········••····· 60,000.00 IO. 7,830,723.00 4,756,250. 00 3,074,473.00 li,fllll 833, 000.00 773,000.00 60, 000.00 5~1111 9,700.00 9,700.00 ·····-- ·········· ··············-· 820, 000.00 ............... 820,000.00 iM, 1,519,624. 00 514,624.00 998,000.00 a. 16,063, 000.00 1,789,777.20 14,273,222.80 ···········-·59,850. 00 . .... . ......... 59,850.00 ·•·········•···· 643,841.47 !Tt,2110 718,841.47 75,000.00 575,000.00 575,000. 00 ....•.•...... •..• ··········-··325, 000. 00 50, 000. 00 275,000.00 l2l. 996,140.00 954,140. 00 42,000.00 207, 000. 00 27, 000. 00 180, 000. 00 75, 000. 00 60, 000. 00 15,000.00 1\ 250,000.00 ······-·······250,000.00 ············3, 361, 904. 37 85, 904. 37 3,276,000.00 6, 279, 600. 00 309, 000. 00 5,385,600.00 ~ Ill 5,341,000. 00 21,862,000.00 12, , 27,218,000.00 1, 120,473.20 592,473.20 528,000.00 171..., 628,800.00 175,300.00 453,500.00 ,.....~ 299, 9R2. 81 ............... 299, ll82.81 :II. 734, 625. 00 10, 000. 00 724,625.00 ill. 315, ooo. oo 215, ooo. oo 100. ooo. oo 230,500. 00 81,000.00 149,500.00 jQ, 105,000.00 105,000.00 ····· ··· ··•······ ••••·· .. --· 4, 278, 662. 85 3, 185, 650. 00 1,093,012.85 LI.ill 737, 300. 00 685,300.00 52,000.00 !Sl.111 2,110,225.80 131,376. 00 1,978,849.80 3, 026, 318. 37 2, 476, 318. 37 550,000.00 ··········- ··········•r 4l: 888: 88 ....... ~~~:~ ········•o;ooo:oo ..........-:: 125, 000.00 125,000.00 ··••···· ··•· ••· •· ··········l, 300, 000. 00 . . . . . .. .. ..... . 1,300,000.00:::::.::::::::: 176 400,092,487.36 31,841,243. 14 317,389,641. 28 ISO. 10~ L LOANS FOR FINANCING REPAIR OF DAMAGE BY EARTHQUAKE, FIRE, TORNADO, OR CYCLONE IN 1933 [Under sec. 201 (a) (6), title II, of the Emergency Relief and Construction Act of 1392, as r:alirornla ••••.....•..•.•... Kansas .• _......•..•.••••.. Louisiana ..••.•••.•....•.•• Maine ...••••••••••••....•• Tennessee •.••...•.•••••••• 6 1 1 4 I 1 1 I 2 1 -- -6 Total ......•.••••••.• 13 7, 500, 000. 00 1, 000, 232. 20 200,000.00 1, 650, 000. 00 100,000.00 639.00 886,627.32 43,200.00 990,627.04 130. 74 1o, 450, 232. 20 1,921, 124. 10 See footnotes at end of table. Digitized by Google IJlllllll!d!._ 7,499,381.00 ···•--j~iit~ 113, TIK.88 19.on.l! JM,800.0II 481.511-;1 659,372-911 99,869.28 8, 629, 108. 10 .... -.;; REPORT OF RECONSTRUCTION FINANCE CORPORATION 33 4.-Number of authorizations and borrower,, to which authorization, wer, mad8; and amount of authorization&, withdrawals or cancelationa, dilbursements, and amount outatanding, from Feb. 2, 1932, to Dec. 31, 1938, inclusive, by State,,__ Continued TABLE LOANS FOB FINANCING OF AGRICULTURAL COMMODITIES AND LIVESTOCK [Under sec. 201 (d), title II, of the Emergency Relief and Construction Act of 1932] State Num•Num• ~~.or heror \~~~· ~o°!: tions I I Arkansas.................. 5 21 I 2 7 I I 6 12 l1 5 16 1 I 2 I I 3 4 10 I 5 2 JO 2 6 1 4 8 Amount dis· bursed Amount out• standing as of Dec. 31, 1938 1 ers Alabama................... C'alifomla.................. Colorado.................. Delaware.................. Florida.................... Georgia.................... Illinois..................... Indiana.................... Kentucky Louisiana:::::::::::::::::: Maine..................... Maryland.................. Massachusetts............. ~ichigan.. ...•.. .. ... ... .. Mississippi................ Missouri................... Montana.................. New Jersey................ New York................. Amount with· drawn or canceled Amount authorized I 2 2 7 2 51 1 2 f> $150. 000. 00 $150. 000. 00 ••••••..••••••.••••••.••••••••••• 725. 000. 00 603,219.30 $121, 780. 70 ·••••••••·•••••• 5,063,750.00 2, 4@, 5fl0. 87 2,594, 189. 13 ..••••••••.••••• 500,000.00 374,950.00 125,050.00 .•••••.••••••••• 100,000.00 99,100.00 900. 00 ..•••••••••••••• 39:J,377.:!2 ..•..•..•.•...• 393,377.32 ..•••••••••••••• 15, 000. 00 • • • • • • • • . . . . . • • 15. ()(10. 00 ..•.••••.••••••• JO, 500. 00 2, 000. 00 8, 500. 00 ..••••..••.••••• 757, lll..'i4• 460, 21 I. 94 200,899. t;O •••••••••••••••• 5,5fil,511.97 3,127,5S9.16 2,37:l,922.81 $72,447.66 50,495,000.00 50,452,250.00 42,750.00 •••••.•••••••••• 35,000.00 35,000.00 ..••••.......••...•••.••••.•••••• 575,000.00 200,000.00 375,000.00 .•••••....•..••• :!50, 000. 00 I:!~, 60:!. 71 211,396.29 3,781.94 570. 0110. 00 412,402. so 127,597.20 .•.•••••••.••.•• tiO, 750. 00 60,750.00 101. OOtJ. OU 8, 0110. 00 00, 000. 00 2,500.00 615.00 1,885.00 .••••.••....•••• 285, ()(JO. 00 11, 4:12. 03 27:l, 567. 97 ..••••••..•••••• 1, 700, 21i\l. fl5, 1, 0UU, 344. 17 6011, 925. 41; •••••••••••••••• 12 2 ·····4o;soo:oo 1 ~~~lg i:i:i~i~~:::::::::::: t :! Total.. .. _........... Loans to Commodity Credit Corporation '· .•.. 159 105 28 1 1,604,712,664. \XI 836, 995, 702. 78 Oranttotal.......... 187 1ooj1,600,774,178.07J 903,362,724.08 g:)~~: ggi ~: Ohio ....•......•.......... _ 5 3 !,O:l5.01~1.0U 1 Oregon ... ····••··········· 4 2 3:,0, 00IJ. IX), Pennsylvania.............. 4 2 318,500.001 Tennessee................. 8 3 12.n10, n:J.25, 'rems...................... 6 5 219, 5!il. 110: Vir~inia._.................. 4 4 ~,;s,r,21.\lll Washington............... 6 5 3:13, o:m. 001 West Virginia.............. 2 I 175,om.oo Wisconsin .. ············-·· 7 4 l. 571. :m. 44 Puerto Rico ....••••........ _ _21 _ _1 _1_,_00_0_,Ut_i_o._00_ g~g ii u~: ~gt: bL:::::::::::::: 4()(!,217.72 5.i7,7S2.2S 393,000,00 1V5, S20. 71 154,179.29 ···•············ 2S, 062. 24 290,437. 76 .............. .. 4,3ns.82.5.84 8,301,897.41 14,400.00 20. 000. oo mu, 551. oo ............... . 60:1.no.27 2ti-l,894.f>4 71,755.34 145,724.80 187,305.20 100,000.00 17,5.000.00 ···••········-··- ••••••.•.••••••• 95, 750. oo I, 475, !i63. 44 ..•...•..•.•..•. 637,745.53 362,254.47 ....•..•...•.••• 1 86,061,513.08 66,367,021.30 19,557,491.78 695,884.94 767,716,962. 21 .•••.•....•..••• 787,274,453.IXI 695,884.114 AMOUNTS MADE AVAILABLE FOR RELIEF AND WORK RELIEF [Under sec. 1, title I, of the Emergency Relief and Construction Act of 1932, as amended] Alabama.-.•.••••......... . Arizona _..•.•..•..••.. ... •. Arkansas .••.... •.. •.•. .... California ..••.•. ••.•...•.•• Colorado....•...••.. _•...•. Florida .•.....• _.•......... ~~'l:-ta .................... 14 7 7 g 8 6 20 6 U!inols ....•...•.• .•.....•.. Indiana .... . ..... .•... •... . Jowa ....•.•.•.•.••...•..... 13 16 10 7 ~~~!~~.::::::::::::::::: 9 6 6 2 Kansas .••.•..•.• ••••. •.••• i~~?t\I/I/ Montana . ••. ••••• .•....• . . 30 8 8 16 21 1 1 1 I 1 1 l l I l 1 1 1 I 1 1 1 1 I 1 1 $4,211, 688.00 1,448,269.00 4,833,967.00 10,081,631.00 3,832,990. 00 3,886,612.00 1,745,692.00 1,026,566.00 65,443,721.00 6,179,931.00 2,151,430.00 2, 592, 934, 00 6,728, 987.00 8,200,127.00 252,895.00 176,380.00 21,808,199.00 2,581,787.00 4,058,919.00 4,616,789.00 2, 368, 285. 00 -•············· -· · ·· ····· ····· ·····- ··· ·· · · ·· - ·-···-····· ····-············ ·· · -··· ··· ····· ·········· · ···· ·····-·-····· · ··········-· ·· .. ••....•.... • • . ..... ... .... . . .. . .........••• ·••··••·· .....• .•......•..•..• - ·············· ·••···•· ··· ···· ··· · ·········--·· ·········· ·· •.. . .....•.••.. •···· ······ ·· ·· .•.•.•.•••• .••. $4,211,688.00 1,448,269, 00 4, 833, 967. 00 10,081,631.00 3, 832, 990. 00 3,886,512.00 I, 745, 692. 00 1, 026, 666. 00 65, 443, 721. 00 5,179,931.00 2, 161,430.00 2, 692, Q34. 00 6, 728, 987. 00 8, 200, 127. 00 252, 895. 00 176, 380. 00 21, 808,199.00 2,581,787.00 4,058,919.00 4, 616, 789. 00 2, 368, 285. 00 See footnotes at end of table. 13680~39--8 Digitized by Google ······-········· ..• • •. ••·• ··· ••• . . •• . •... . ...•• ··•· • •••• •· · ••• • .•.....•..• • • •.• .•• . ·•••·• ···••• • •••••.•••..••.• .••••• .•.•.••••• . •••••.• ••• ••••• ••· •••·•· •··••• • . •.• ·••• ·••••••• .• . •.•.•••• ••••• .•..••.••••••••• ...•......••••• • . •.••.•• •••• ••. • . •.•.•.•• ••••••• ········· -······ ••••..•• • ••••••• ·••·••••••••·••• •••••• ••••••• • • • •• •• ••. •••• • . • •• 34 REPORT OF RECONSTRUCTION FINANCE CORPORATION 4.-Number of authorizationa and borrotOeTB, to whuh autl&orimlionl m made; and amount of authorizationa, withdratoala or cancelationB, dubwni.t,, and amount out8tanding,from Feb.$, 193$, to Du. 31, 1988, incluaioe, bvStatuL... Continued TABLE AMOUNTS MADE AVAILABLE FOR RELIEF AND WORK RELIEF-Continued State Numb;~.of tbor• izations Number of bor• rowers Amount authorized Amount withdrawn or canceled Amount disbursed Amount GUI, standin(MII llec,11,\ I I 1 262,632. 00 1,366,603.00 2,009,291.00 387, 903. 00 26, 600,000.00 5,950, 000. 00 592,768, 00 19,272, 205, 00 4, 570,597.00 2, 798,290.00 34, 029,875, 00 1, 123,500. 00 4,575, 270, 00 I. 803,945.00 3,375,352.00 7. 952, 292.00 2, 923, 430.00 3, 405,304.00 5,977,430.00 9, 655, 218, 00 12, 395,362, 00 394, 935, 00 360, 000. 00 -- ---------------------·-----· --- ------ ----- -- -- ----- ------- ----- -------------------·- - -----------15,000.00 --- ---· --------------- ------ ·-------------- ·-·--- --·-·-·. ·-·· - - --- ----· -- ----. --- -·- . • • --··---·---· 1. 00 ··-· ·-- - - - --------· ---· ---- -·- -- - -- - - - ---- .. -- ·-- - --- ---- ---------- - - -· -- -- ·----- -- ---- ------ ---·-- 442 44 300,000,000. 00 15, 001.00 N evada·--·--·- -· ·-- ··-···· New Jlampsb ire ... . . - ···-N ew J ersey_ · ·-·-·-· ----··New Mexico ... ·- ···- ·--- - New York . .. . ... . ·- ·-·-··· N orth Carolina_._ ···--- - -· N orth Dakota·---·- -- -··· · Ohio .. ·-··· - ··· · -- - -·--··- Oklahoma .. ·-····· · · · --·-· JO 3 l 5 5 5 11 37 5 16 7 Oregon . . . --·-·-·--·-·---·· P en nsylvania·----·-· - ---·Rhode Island . ___ .-•·--···· South Carolina ___ ··- - ··-·· South Dakota _... ---·· - ·-T ennessee·---··-·- - ·--- -- T e1a.s .... ·-·--·- ···----·-·· Utah .. ·--·-·--····· ·· -···· Virginia____________ _____ __ W ashington.·····-·· -··-·· West Vir~inia .. . · -·- --·- · Wisconsi n.__ ___ __ _________ Hawaii.·-·--··--·-·····-·· Puerto Rieo_·-·-·--·-···· · Totat________________ 2 7 5 13 13 9 20 18 15 5 2 See footnotes at end or table, Digitized by Google 262,632.00 ............. _ 1,366,600.00 ............... 2,009,291.00 ............ ,387,900.00 . ............ 26,600.000. 00 .......-...-... . 5,950,000.00 ............ _. 592,768.00 .. .... ........ .. 19,257,205.00 ··-······-·--4,570,597. 00 ..........- 2, 79 , 290.00 ............... 34, 929,875.00 ............1,123, 590,00 .•.........• -. 4,575,270.00 ··········-·· 1,803,945.00 ............ _. 3,375,352, 00 · · ···-·· ... -7,952. 291.00 ... ... ...... 2,923, 439,00 . .. ..........3,495, 30t 00 ··· ·-·--·-···· 5,977,430. 00 ... ........9,655,218. 00 . . ..........12,395.362, 00 ··••·· ....... 394, 935.00 ·••··•··· ....360,000.00 ................ 1------+----. 1 299,984,999.00 (I) .1 TABLE 4.-Number of authorizations and borrowers, to which authorizations were made; and am.ount of authorizations, withdrawaUJ or eancelations, disbursements, and amount outstanding, from Feb. i!, 1932, to Dec. 31, 1938, inclusive, by States '---Continued TOTAL, ACT APPROVED MAR. 9, 1933, AS AMENDED [Loans on and subscriptions !or preferred stock, and purchases of capital notes or debentures, of banks and trust companies) State Number Number Netnum• Less: ol of her ol author!• borrow• Duplicl\• borrow• tions 10 ers zations ers Amount author• ized Amount with• drawn or canceled Amount disbursed !=:I ,,,t'J Amount outstand• Ing as or nee. 31, 1938' -- ---Alabama ••..•....................•.••.....•••••••••.••• Arizona .•.....•...................•....•.••••••.•...•.. Arkansas ..•.................•...•••..•.•..••••.•...••. California ..•.•.....•....•..•..••.••.••.•.•.•...•...... Colorado ....•.........•.........••.•.....••.•...•..•.•. Connecticut. ........................••.••••••....•.... Delaware ............................•..••........•.•.. District of Columbia ....••...........•••..••.•...•.•.. Florida ...••.•...................•.•..•.......•...•.•.. Georgia .••..••.....••........•..................•.•.•.• Idaho ....................................•.•......•.... Illinois ..•.......•................•.......•....•....••.• Indiana .••...........•..•..•....•.••.....•.•..•...•.... Iowa ..•.•••.•...•.......•..•.....•....••...•..•.••..... Kansas .....•.........•............•.•........••.••.•.• ~~~l.~~~~ ... ······•········ ...... ···············:··•:. MaiP 0 ••••••••••••••••••••••••••••••••••••••••••••••••• Maryland .....•.•...•.•••••.•.•...........•...•.•.•... Massachusetts •..••..•.....•.•••...•...............•••• Michigan ...•...••..•.•...........•..............•..... 0 cg:N. (1) Q_ ~ CJ 0 ~ ~ a~~~:f~~··················· ......................... Montana ..•....•.........................•..•..•.••... Nebraska ••.•.........•................•....•.•••.•..•. Nevada .......•.........•.........•.............••.•.•. New Hampsbire ...........•.......•..••..•.........•.. New Jersey ...............•....•.••.•..••••...•...•.••. New Mexico•..•••....•.••....•.•••....•......•........ New York ••.•.........•.•.••..••.....•...•.•...•.•...• North Carolina ...•.••...•...........•....•.•••.....•.• North Dakota ............•.......•.................•.• Ohio .•....................•.....•.•.•.•.•••.•.....•.••• Se~ footnot\lS at ~nd of table, 97 6 139 152 63 87 15 9 64 101 35 263 346 157 232 144 205 46 79 94 224 317 289 283 76 789 4 15 349 25 695 148 153 460 84 6 133 141 59 43 14 8 53 96 29 253 307 153 221 135 201 45 70 76 207 290 288 253 75 205 7 •••••••••• 6 4 ·•·•··••1 •••••••••• .••••••.•. 7 1 I 2 ------ ----1 ---------- ---------81 4 2 ·••••••••• 2 8 129 1 15 45 4 ·••···•··· 15 .••••••••• 276 29 22 •••••••••· 607 711 B2 1 141 ~7 1 3 77 6 127 137 59 42 14 8 46 95 28 2.>l 307 152 2"21 135 120 41 68 76 205 282 1~ 252 60 160 4 15 247 22 828 Bl 140 434 :m. 00 $16, 143. 2, 455. 000. 00 5, 365, 500. 00 78, 37a, 070. 00 5, 040, 000. 00 8,609,800.00 2, 680, 000. 00 5, 200, 000. (X) 2. 332, 200. OU 5,897,500.00 2,335,000.00 94, 679, 500. 00 18, 664, 250. 00 12, 6-IO, 500. 00 6, 049, 250. 00 11, 182,500.00 16. 607,000.00 11, 173, 000. 00 11, 408, 130. 00 20,031,000.00 43. 965, 100. 00 18,083,125.00 15,368,150.00 25, 708, 300. 00 4,117,500.00 9,504. 3(1(), 00 205,000.00 1, 36.1, 00(), 00 88, 626, 800. 00 1,077,500.00 395,497,100.00 8, 18l, 500. 00 4, 504,500.00 100, 505, 764. 00 $289, 625. 00 25,000.00 946,500.00 9,870,645. no 146, 5(1()_ 00 1,417,674.00 2, 112,700.00 2. 3(1(), rm. OU 131, (Xl()_ 00 1, 01\2, 000. 00 205, ()(I()_ 00 3, 048, 385. 83 1,873,000.00 2,377,500.00 776, 5(1()_ 00 2, 302, 650. 00 1,000, (XJO. ()() 2. 047. 5ll0. IIO 2, 059, 960. 00 3, 3[,f,, 8(1()_ (I() 3, 239, 839. 00 704,600.00 1, 05ft, 000. 00 4, 89:1, 37 5. 00 87,000.00 970,250.00 -------------------611,365.00 9,515,283.93 362,500.00 74,396,310.84 694,000.00 490,000.00 7, 133,527.00 $15, 853, 575. 00 2, 430, CXIO. 0C 4, 4 IQ, 000. (Xl 68. 502, 425. 00 4, R9:l. 5ll0. IXl 7, IY2. 126.00 567, 3(1()_ 00 2, 900. ()()()_ (JO 2 PR, 200. 00 4, 83,5. [>IX)_ 00 2. 130,000. (XI 91. 581,114.17 16, 791. 250. 00 10, 248. ()XJ_ 00 5, 272, 7.'\0 <XI 8, 879, 850. 00 15,547, ()(JO_ (X) 9, 12.'\, 5lXJ. 00 P, 348, 170. 00 16,674,200. OU 40,725,261. (I() 17,378, 525. OU 14. 313. 15ll. OU 20,801.125. CXJ 4, 030, 500. 00 8, 534, 050. 00 205, !kXI. OU 751,635.00 78,345, O!fi. 07 715,000.001 317, 238, 589. 16 7,488, 5()()_ 00 4,014, 500. 00 93, 372,237.00 SIi. 917,588.98 1,215,200.00 3, 4.'\4, [,SJ. 56 41, 31<1, 427. 91 2,3S6,31Xl.OO 5, !!112, 41111. 33 31fi,\l(J(l.OO 2, 140, J(X)_ 00 1,419, 47Y. 04 3, 041. 5118. 45 1,629, 115'.1. 00 35, 111, 629. 22 10,518,345.00 5,574, (H\.\. 00 3, 6.17, 594. 01 6, 2f,8, 457. 50 7,358,575.00 6, IIKl, 182. 58 7,380, li'JO. 00 9, 1,12. u.55. 10 29,572,704.81 7. 5:19, 043. 74 7, 208, >il4. 81 7, 243, :Jf>4. 63 1,214,740.00 3, oso, 181. 34 97. !>Xl. 00 23f>, 135. 00 67, lfl5, !,63. 57 554, ,1()(), 00 113,560, 109. 69 5, 174, 889. 37 2, 326, f.04. 23 54,490,324. 74 0 ~ ~ ti:! t'J r. 0 ..,z ::::, r. ..,....r. (r; 0 ~ ... ~ z;.. z '"".l t'J a 0 ::::, '-::1 0 := ....~ z 0 Cl,) 01 TABLE 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, disbursements, and amount outstanding, from Feb. 2, 1932, to Dec. 31, 1938, inclusive, by States L-Continued Ci.:> er., TOTAL, ACT APPROVED MAR. 9, 1933, AS AMENDED-Contin ued ~ I Net numNumber Number Less: ber of of of Duplica- borrowautbori• borrow1 tions 0 ers ers zations State - -- - - - - - - - - - - -- - -- 1 - - -1 - -- Oklaboma . .. ..... .•. .. .. . . ..•••... ..•. ••... ... . . . . •• ·· :: :::::: . •· · · ··· · .: ~~~t~~i ;ania . . . . .... . :: : : : :: :: .: ..: :::. ..... . ... . · ····· ··· · R hode Island . ....... . ...... ... South Carolina . .. .. ... ••· •·········· · ················· South Dakota .. .....•.. .. . ..... .. ..•....... . . . ......... T ennessee •. .•.. . .....•... .. ........ •·• •· · ··· · · · ·· ·· ··· Texas •• •....•.. • •. •.. . . . •. . ••..... ..• ••.. · · · ····•· •· · · · Utah . •. . •..•. . . •..... •........ .......• . . ···· · ··· •··•·· Vermont .••.......... . ... . ... . ... . .... . •··· ••······· · ·· Virginia ....•......... ... .... •··· ···· ······ · ······ ····· ..:.~~:::::::::::::::::::::::::::·::········ ;:r~i~1;i Wisconsin 0 cg:,,(1) Q .,r C'J 0 ~ ~ Wyoming. •• •. ... ..•..•... . .•.... •.....•... ...•...... .. Alaska.. . . . . . .. . ...... ... .... ···· ··· ·· ··· ·· ··· ·· · · · ···· P uerto Rico .. . . .. . ...... .. •... .... . •....... •··· · · · ···· Virgin Islands . • •.••• . ... . . . •. . .. ... . . ... .... •········· Total •... . •••••••. .••.•••.. •.• •..•••••• · ····•••·• Subscriptions tor preferred stock of: ··· 0··,· ' · · ····· Washington Bank ofBank Export-Import ·· n, D. of Washingto Export-Import Second Grand totaL ••••..•••• •••..••••• •• ••••• . •••. ••• 1- -- 51 56 375 138 465 442 44 44 ••• ••• • ·•• 44 5 45 143 62 176 11 4 105 526 31 1 4 3 60 164 110 95 456 27 l . ...... . . . I . ..... . .. . .. .... .. . . 2 2 · ····· · •· · I 1 • •••.• .... 4 LJLJ ·········· 8,617 1 8, 621 7, 304 Amount w ith• drawn or canceled Amount disbursed 460 4 40 128 133 60 163 110 95 454 25 1 3 1 6,844 8357, 000. 00 $11, 291,000.00 350,000.00 2, 300, 000. 00 10,251,753.50 56, 28(), 850. 00 20 1,500. 00 I , 100, 000. 00 160, 000. 00 2, 93 I , 800. 00 84,000.00 4,522, 100. 00 l , 662, 500. 00 14, 221, fi50 . 00 5,190,625.00 36, 564, 750.-00 315,000. 00 4, 310,000.00 17,370, 625. 00 ······ · · · · ·· ·••···· · 2, 068, 350. 00 12, 763, 000. 00 1, 432, 000. 00 7, 496, 500. 00 534, 933. 34 6, 996, 000. 00 4, 727, 900. 00 38, 075, OQO. 00 320, 000. 00 1, 687, 500. 00 37,500. 00 . . ......•.......•... 250, 000. 00 1, 500, 000. 00 126, 000. 00 251, 000. 00 1, 273, 280,214. 00 169, 593, 552. 44 45, 000, 000. 00 - -f:.:==~-······· 001••· . ... . ... 1,.-. ---------::-::1 - : -000. 1 - t - - - - - : - -2,500, -- 7, 306 Amount outstand• ing as of D ec. 31, 1938 I 1- - - 1 - - - - -- -11-- - - - - -1- - - - -- -1 - -- -- - - 6 57 56 ······ · ··· 11 386 4 ••• •• • ••.• 40 ······-··· 1 129 2 135 4 446 81 61 452 Amount author• izcd 460 6,846 1,320,780,214. 00 169, 593, 552. 44 $2,357, 963. 73 $10, 934, 000. 00 996, I 75. 00 1, 950,000. 00 36, 264, 109. 93 45, 995, 096. 50 697, 9()(). 00 898, 500.00 1, 983, 850. 00 2, 771, 800. 00 2, 673, 905. 91 4, 428, 100. 00 10,616,200.00 12, 550, 050. 00 18, 832,298.60 31,374,125. 00 2,054, 56: . 43 3,995,000.00 16, 691, 050. 00 17, 370, 625. 00 6, 716,600.50 10,694,650. 00 2, 473, 750.00 6,064, 500. 00 3, 778, 388. 59 6, 461, 066. 66 23, 994, 816. 17 33, 347, 100. 00 888,706. 06 l , 367,500. 00 37, 500. 00 •. . . .••.•• •.. ..•.... 450, 000. 00 1, 250, 000. 00 121, 500. 00 125,000.00 1, 098, 914, 161. 56 543, 834, 658. 53 ~~~~~~:~ - ~:--:-:-:-:::---;:: ---;;;-~;-;;;-AA 1 588, 834, 658. 53 l , 146,414,161. 56 4g:~:~:: I....... t_%.l ~ ~ 0 '%J ~ t_%.l 0 0 z ~ i:,;. C! 0 8 0 .... z ....'%J z;> z 0 t_%.l 0 0 ,,, ~ See footnotes at end of table. ~ 8 z REPORT OF RECONSTRUCTION FINANCE CORPORATION TABLII 37 4.-Number of autltori,ationa and borr010era, to which authori,ationa were IIIGlk; and amount of authori,ationa, withdrawal& or cancelationa, diaburaemenu, and amount ouutanding,from Feb. t, 19St, to Dec. SJ, 1988, inclusive, by State, 1 Continued LOANII ON huuRJ:D STOCI[ or BANl[II AND Taun COIIPANUIII [Under the act approved Illar. 9, 1933, as amended) ~~fNum. au• berOf thor• bor• h:a• row. State tions Alabama •• _ •••••• ••••••••• Arizona. .•••...•••.•• •• •••• Arkansas ....•... ....• •.... California. ...••••.•••.••.•• Connecticut •..••••• • •• •••• Florida ••.. ..•.•••.•••••••• Georgia..•....•.. ..•.•..... 19 1 7 9 I 7 6 2 I I I 7 ~;is·-:=::::::::::::::::: Iowa. .•..••.•••• ••••• . •••.. I I Kansas .. •.••••••••••.•..• . Maine . ......••••••• ... •• •. Maryland ..•.•.••..• •• • ••• Massachusetts .••••••....•. Michigan •••.••••.•••...... I I I 2 2 4 6 ~E~i~~:::::::::::::::: 22 I I I Montana ...•. .• .•..•...• . . Nebraska ....• .. ••••••.••.. New Jersey •..••• •••••.•.•. New Ycrk •...•.••••.•..••• NGrth Carolina .•• • ••...... Korth Dakota ..••..•• . •• •• Ohio ••..........•....•..•• . Oklahoma ... . ..••...••.. •. Pennsylvania... .......... . South Dakota ..•••.•••••• . 689 ~ 3 ir:g%-1a::: ::: ::: :: :::: :::: West Virginia ...•..•...•.. . Wisconsin .••..••••• . ••..•. Wyoming ...•..•••• •••• ••• . ~ I I I 106 29 42 3 I 2 I 6 12 6 Tennessee .•..........••... • I 3 3 28 66 2 7 4 I 4 3 Total.. ...... ...... . . 1, 120 Amount with• drawn or canceled Amount dis• horsed Amount out• standing as of Dec. 31, 1938 • ers 12 42 16 12 2 Amount authorlted I 2 6 I I 3 2 272 $3, 180,600.00 $32,025.00 $3, 148,576. 00 !863, 286. 98 60, 000. 00 • • • • • . . • . • • • • . . 60, 000. 00 ..•••.. .•• • . •••• 549, 6()1), 00 . . . . . . . . . . . . . . 540, 500. 00 327, 009. 28 3, 071,050.00 639. 760 00 2,53 1, 300. 00 9,907. 91 309, 800.00 160,000.00 140,800. 00 9. 541. 83 135.200.00 1,000. 00 131, 200. 00 23,939.04 25, 000. 00 . . • • . • • • . . . • . . . 2,;, 000. 00 .. ..• ••••••.•••• 2.'i. 000. 00 • .•. . • . . . • • • • . . 25, 000. 00 . ••.•••..... • ... 12, 500. 00 ··•·•• - · · ····· 12,500.00 7,587. 66 60. 000. 00 • • • • • • . . . . . . . . . 50, 000. 00 ....•. . ....... .. :l't, 000. 00 3, 000. 00 23,000.00 17,971.57 573,000.00 47,500. ('() 525,500. 00 500,857.58 30. 630. 00 . . . . . •• . . . . . . . 30, 630. 00 .. •• •..•........ 500, 000. 00 .. . . • . . . . .. . . . 006. 000 00 I , 295. 10 5,300.00 432, 200.00 313,933. 81 437,500. 00 175,625. 00 I, 600. 00 174,025.00 13 • 112. 84 22. 6l0. 00 .. . . . ........ .. 22, 050. 00 12, 878. 19 1,64 ,000. 00 •· • •••••···•····· ·· · · ··•· •·• ···•• 1,54 ,000 00 10,000. 00 ·········• · ···· 10. 000. 00 ·· · ··· · ···•···· • 2, 81 I. 700. 00 248,700. 00 2,563,000.00 521. 431. 34 4,929, O.IO. 00 I, 702, 100. 00 3, 220, 9,50. 00 2,382,485. 57 2, 2<JI, 150. 00 227,050.00 I, 979,200. 00 1,323,058. 37 17,500. 00 12,500. 00 175,000 00 li,144.37 20. 000. 00 . . •. . . . . .•• . • • . 20, 000. 00 18, 000. 00 2, 400. 00 . . •. • . . . . . . . • . • 2, 400. 00 2, 254. 74 791 , 000. 00 264,500. 00 520,500. 00 12,038. 73 410,660. 00 27,100.00 383,450. 00 235. 581. 50 6, 100. 00 .. ... . . .. .. . .. . 6, 100. 00 4,145.48 300, 000. 00 .. . . . . . . . . . . . . . 300, 000. 00 00, 000. 00 451. 250. 00 300,000.00 151. 250. 00 109,979.01 20, 000. 00 5,000. 00 15, 000. 00 . .......•.....•. 200, 000. 00 .. .. . . • . . . . . . . . 200, 000. 00 121, 556. 09 83,000.00 ... ............ 83,000.00 46,84 1.17 115,000. 00 ·• ···· ·· ..• •.... 115,000.00 45,406.06 23, 274, ~55. 00 5,126,025.00 I 8, 148, 730. 00 7,345,104.20 SUBSCRIPTIONS roa PREr&RRSD 8TOCI[ or BANKS AND TRUIU' COMPANIRS [Under the act approved Mar. 9, 1933, as amended) Alabama•••.•••••••.••••••. Aritona .•.•••••••••••••••.• Arkansas .•••••••••••.•••.. California •••.•••••••••••••• Colorado••.••.••••••••••••• Connecticut ••••••••••••••. Delaware .•.•.•••..•••••••• District of Columbia .•••••. Florida ••......•••• __ •.•.•. ?:~~la:::::::::::::::::::: Illinois .•••••••.•••••••••••• Indiana•••••••••••••••••••• Iowa ..•...•••••••..•••••••• Kansas •••••.••.•.•••••.••. ;~~~:.:::::::::::::::: Maryland .•.•••••.•.••••.. MBS!8Cbusetts .•••••••••••• Sli;~r:::::::::::::::: pp 78 4 132 139 63 45 5 4 49 21 34 153 62 156 230 144 103 30 19 82 221 110 163 75 $12, 962, 600. 00 4 1, 565, 000. 00 126 4,816,000.00 135 70, 302, 020. 00 59 5, 040, 000. 00 8, 300, 000. 00 42 5 165,000.00 3, 400, 000. 00 3 2, 197, 000. 00 2, 522, 500. 00 20 28 2, 310,000. 00 147 85, 396, 000. 00 61 7,847,500.00 152 12, 500, 500. 00 219 6, 021, 250. 00 135 11, 182, 500. 00 IOI 10, 871, 000. 00 8, 160,000. 00 29 15 4, 250, 000. 00 73 19, 525, 000. 00 42, 827, 600. 00 204 106 13, 803, 500. 00 152 8 965 000.00 '° $257, 600. 00 25,000.00 946,500.00 II, 330, 895. 00 146,500.00 1, 257, 674. 00 27,700.00 2, 300, 000. 00 130,000.00 825,000.00 205,000.00 1, 348, 385. 83 659,000.00 2, 377, 500. 00 773,500.00 2, 302, 650. 00 425,000.00 I, 000, 000. 00 1, 282, 460. 00 3, 356, 800. 00 3, 234, 639. 00 400,000.00 495 000.00 $12, 705, 000. 00 I, 540, 000. 00 3, 869, 500. 00 60,971, 125. 00 4, 893, 500. 00 7, 042, 326. 00 137,300.00 1, 100, 000. 00 2, 042, 000. 00 1, 697, 500. 00 2, 105, 000. 00 83,997,614.17 7, 188, 500. 00 10, 198, 000. 00 5,247,750.00 8, 879, 850. 00 10, 446, 000. 00 7, 160, 000. 00 2,967,540.00 16, 108, 200. 00 39, 593, 061. 00 13, 403, 500. 00 8, 470 000.00 $8,054,300. 00 I, 215,200. 00 3,120,672. 28 38, 371, 460. 00 2,356,300. 00 5,792,957. /iO 130,300. 00 932,300. 00 1,395,MO. 00 1,020,500. 00 1,629, 9/iO. 00 30, 637, 391. 67 3,188,445. 00 5,574,065. 00 3,619,622. 6,268,457. /iO 7,276,475. 00 4,274,575. 00 2,227,540. 00 8,904,660. 00 29, 258, 771. 00 5,236, 170. 00 7 113 616. 62 See footnotes at end of table. Digitized by Google « 38 REPORT OF RECONSTRUCTION FINANCE CORPORATION 4.-Number of authoriiationit and borrowers, to 'IDhicA authoriiatione '!Dete made; and amount of authorizatiOM, 'IDithdra'!Dal, or cancelatiom, diaburaemmu, and amount outstanding, from Feb. e, 19SB, to Du. St, 1998, incluaive, by Statu 1 Continued TABLE 8UBSCRIPTION8 1'0B PBJ:l'J:BJIJ:D BTOClt or BillU AND TB171ff COKPAKIJ:&-Contlnned Num• beror au• thor• izations State Missouri.. •.•.•.•...•••••.. Montana ••••.•.•••.•••••.. Nebraska ...•.•••.....•...• Nevada ...........•.•.•.... New Hampshire .•••••..•.. New Jersey .•.•.•.•.•.....• New Mexico •.......••.•.•. New York ...•............. North Carolina ••.......••• North Dakota .••••.••.••.. Ohio .•..•••••.•...•••••.•.• Oklahoma .•••.•••••..••... Oregon .•...........•...... Pennsylvania .•.......•.... Rhode Island .....••.•..... South Carolina .•••........ 1louth Dakota •••...•.••.•. Tennessee •••...••••••.••.. Texas .•.•..•..•.•...•..•... Utah ......••...•.•••..•••. Vermont •••••.••••.....••.. V!rrinia ....•.....•••..••.. Washington ......•........ West Virginia .•.•..••.•••.. Wisconsin ..•...•.•••...•.. ~!~:i:'.~!:::::::::::::::::: Puerto Rico ....•.••....... Virgin Islands .• _........•. 102 50 52 4 15 273 25 305 145 34 99 53 21 396 5 13 36 136 170 10 42 172 33 SB !16 28 I I 3 -- N'um• beror bor• row... ers Amount authorized Amount with• drawn or canceled $902,875. 00 92 $10, 813, 800. 00 3, 515, 500. 00 77,000.00 49 6, 007, 500. 00 672,550.00 52 205,000.00 --------------4 1, 363, 000. 00 611,365.00 15 7, 063, 183. 93 245 82, 347, 750. 00 1,077,500.00 362, 500. 00 22 7, 533, 360. 84 293 155, 700, 750. 00 7, 995, 000. 00 681, 500. 00 139 2, 440, 500. 00 40,000.00 33 1,686, 027. 00 90 38, 234, 364. 00 10, 500, 000. 00 51 92,500.00 915,000.00 25,000.00 21 374 55, 876, 300. 00 10, 224, 653. 60 1, 100,000. 00 201, 500. 00 4 1,645,000.00 10 90,000.00 2, 973, 000. 00 25,000.00 34 1, 662, 500. 00 133 13, 921, 550. 00 161 26, 610, 500. 00 3, 140, 125. 00 I, 590, 000. 00 10 265,000.00 7, 770, 000. 00 42 2, 063, 3JIO. 00 163 12,743,000.00 3, 870, 000. 00 1, 130, 000. 00 30 3, 365, 000. 00 119,933.34 37 1,445,400. 00 60 16, 757, 500. 00 I, 672, 500. 00 320,000.00 25 37,500.00 --------------1 260,000.00 1 250,000.00 I 251,000.00 126,000.00 Amount disburs81l $9,897, 125. 00 --------------- Total. ..•............ 4,365 4,129 816, 468, 484. 00 Subscriptions for preferred stock of: Export•Import Bank of Washln~ton •••...•.. 1 45, 000, 000. 00 3 Second Export•Import Bank of Wash!ngton, D. C.• .••.....•••••..•• 1 I 2, 500, 000. 00 --· Grand to,al .•••.•.••. 4,369 4,131 863, 968, 484. 00 3, 438, 500. 00 5, 334, 950. 00 205,000.00 751,635.00 74,518,066.07 715,000.00 144,305,189.16 7,313, 500. 00 2, 400, 500. 00 36, 548, 337. 00 10, 407, 500. 00 890,000.00 45, 611, 646. 50 898,500.00 1,555,000.00 2, 948, 000. 00 12, 259, 050. 00 23, 470, 375. 00 1, 325, 000. 00 7, 770, 000. 00 10, 679, 650. 00 2, 740, 000. 00 3, 245, 066. 66 15, 312, 100. 00 1, 252, 500. 00 37,500.00 ------- 125,000.00 -. --- ----- Amount out• standing as of Dec. 31, 1938 I $3, 320, 315. 00 1, 069, 490. 00 1,983. 6li0. 00 97,000.00 236,135.00 64, 183, 378. 00 554, 500. 00 35, 882, 026. 32 6, 157,745.00 002, 675. 00 20, 611, 295. 00 2, 345, 925. 00 155,700.00 36, 028, 528. 34 697,900.00 1, 362, 050. 00 1, 699, 975. 00 10, 626, 200. 00 13, 614, 675. 00 886,811.43 7,091,050.00 6, 716, 600. 50 1, 765, 275. 00 1, 474, 107. 50 11, 103,475.00 843,300.00 --------------·- 121,500.00 73, 918, 027. 44 737, 777, 966. 56 408, 1196, 451.10 -------------------·---------- 46, 000, 000. 00 45,000,000.00 2, 500, 000. 00 ---------------- 73,918,027. 44 786, 277, 956. 56 463, 1196, 451. 10 PURCHASES o, CAPITAL NOTES OB DEBENTURES or BANKS AND TRUST COKPANIES [Under the act approved Mar. 9, 1933, as amended] Arizona ...•••••.•.......... California.•.•.•..•.......•. Delaware ..............•... District of Columbia..•.•.. Oeorria..•••.......••••.... Ill!nois .•..•.•••...••••..... tttl:iia~::::::::::::::::: Maine ....•••......•••..... Maryland .•.•....•••...... Michigan ..••...•.•........ Minnesota..••....•••...... t!ssissippi. ..•.•.......... M~~r~~~·_-::::::::::::::::: I I 1 10 9 5 78 109 284 102 12 55 I 185 135 180 25 48 Nebraska ..••.•.•.•........ New Jersey .•......•....... 3 New York ....••••...••.•.. 302 North Dakota .•.•••..•••.. 116 Ohio ..•••••••••.•••••••••.• 359 Bee footnotes at end of table. I 5 75 105 246 100 12 54 I 176 135 160 25 47 2 272 107 346 $840, 000. 00 5,000,000.00 2,515,000.00 I, 800,000.00 3,350,000.00 9, 271, 000. 00 10,816,750.00 5, 736, 000. 00 2,440,000.00 i, 127, 500. 00 700,000.00 4, 104, 000. 00 6, 380, 500. 00 13,346,500.00 592, 000. 00 685, 100. 00 I, 350,000.00 237, 589, 200. 00 2,044,000.00 62, 269, 000. 00 .••••.••••••••• ....•...•...... $2,085,000.00 .••.•...•...... 237,000.00 1,700,000.00 1,214,000.00 635, 000. 00 1,000,000.00 777, 500. 00 ..•.........•.. 303,000. 00 660, 000. 00 2,442,500.00 10,000. 00 49, 000. 00 750,000.00 66, 635, 000. 00 4r,(), 000. 00 6, 447,500.00 Digitized by $840, 000. 00 .••..•.........• 6,000, 000. 00 $3, 000, roi. 00 430,000.00 186,600.00 1,800,000.00 I, 208,000.00 3, 113, 000. 00 2, 021. ooi.. 4.1 7,571,000.00 4, 4f,6, 650. 00 9,602,750.00 7,329,900.00 6, 101,000.00 82, 100. 00 1,440,000. 00 I, 324, 75il 00 6, 350, 000. 00 5, 163, 450 00 700,000.00 •..... _.. _..... . 3,801,000.00 2, 164, 760. Ill 6, 820,500.00 82,500.00 10,904,000.00 3, 923, 049.1\3 582, 000. 00 145, 250. 00 636, 100. 00 675, 100. 00 600,000. 00 600, 00. 00 170, 954, 200. 00 26, 3.54, 12.S. 00 I, 594,000.00 1,405, 929. 23 56,821,500.00 33,876,775.00 Google ' REPORT OF RECONSTRUCTION FINANCE CORPORATION 39 4.-Number of authorization, and borrowerB, to which authorizations were made; and amount of authorization,, withdrawals or cancelations, disbursements, and amount outstanding,from Feb. 2, 1932, to Dec. SJ, 1938, inclu1tive, by States 1Continued TABLII PuRCBABl:8 or CAPITAL NOTJ!:s OR DJ:BJ:NTURES or BANKS AND TRUST Number ol authorizations State Oregon ____________________ South Carolina __________ .• .Booth Dakota ____ •• ____ ••. Texas _______ --- ____ . --- - - .. Utah_.--------·---------·. Vermont .. _________ . _____ .. Washington. ______________ West Virginia. _____________ Wisconsin.······-·-·-·-··Puerto Rico_ • _•••••• _••••. Numberol borrow- Amount authorized ers Amount withdrawn or canceled COMPANIE&-Contlnued Amount disbursed Amount outstanding as of Dec. 31, 1938 • -40 32 IOI 2!<8 34 20 81 66 456 3 -- 35 30 94 280 34 18 80 57 393 3 $1,385,000.00 I, 286, 800. 00 I, 543, OllO. 00 9, 503, (JOO. 00 2, 7:10,000.00 9, 600, 1\2.). 00 3, 626, r,oo. 110 3,431,000.00 21,234,500.00 1, 250, 000. 00 Total •••••• ·-········ 3,132 2,003 433, 536, 975. 00 --------------- $1, Of,0, 000. 00 I, 216,800.00 1,484,000.00 7, 7fi2, 500. 00 2,670,000.00 9, f,(M), 625. 00 3,324,500.00 3,016,000.00 17, 952, 000. 00 1,250,000.00 $840,475.00 621,800.00 969,785.43 5, 107,644. 5g 1,167,750.00 9, 600, ()()(). 00 708,475.00 2, 182, 725. 00 12, 8tl, 500. 00 450, 000. 00 00, 549, 500. 00 342,987,475.00 128, 393, 103. 23 $325, 000. 00 70, ()()().00 59, ()()(}. 00 I, 750, 500. 00 50,000.00 --------------302,000.0 415,000.00 3, 282, 500. 00 TOTAL, SEO, 36, TITLE II, OF THE EMERGENCY FARM MORTGAGE AOT OF 1933, AS AMENDED [Loans to drainage, levee, irrigation, and similar districts, etc.] Arizona .•• _________________ Arkansas. __________ ·-····· Calilornia ____________ .•• __ . Colorado ________ • ____ . -- ••• Florida ______________ -----· Idaho _______ ••• -- -- - -- - -· - . Illinois ________ • __ • __ • ___ ._. Iowa_______________________ 15 129 112 65 55 61 80 12 4 Ei~i~1~!L:::::::::::::::: Minnesota. __ • ___ •. _••••• __ 21 1 117 105 24 12 6 12 1 51 6 ~::~s;:~y~~:::::::::::::::: Montana_------------····· Nebraska ______________ -··_ Nevada ____________ ----·--· New Mexico _______________ North Carolina. ___________ Oregon._. ___ --··· _________ South Carolina __ •• -------South Dakota. ___ .•. ··-·-· Tennessee. ______________ -Texas ____________________ .. Utah_------·· _____________ Virginia. __________________ Washington. ______________ Wisconsin ___ ••••• ____ ·- •. _ Wyoming ______ ••••••••••.. Total ________________ 6 7 115 16 2 28 I 2 -1,046 - 8 $13, !!¾ 453. 77 14, 498, 302. 96 84 55 32 34 28 43 7 3 19 1 71 76 14 9 4 10 1 23 6 6 5 58 12 2 17 1 2 49,055, 114. 41 5,101,341.35 8,987,750.28 2,985,215.33 3,712,885.67 383,500.00 91, 9:12. 45 1,494,433. 77 302,500.00 b, 420,235.56 8, 130, :!49. 86 I, 587,249.31 1,600,830.20 969, 43.1. 00 9f>3, 807. 76 38,000.00 2,991,736.46 280, lf,O, 00 156,100.00 110,300.00 16,376,324. fJ4 637,500.00 136,200.00 I, 424, 495. 70 22,000. G'O 46,900.00 631 141,485,052.48 $2,875.59 $3,123,207.68 $3, 068, 007. 42 1,931,809.06 9, %5, 848. 75 9, 448, 005. 57 8,089,175.51 24, 211, 452. 34 23, 930, 585. 50 2,250.601. 01 2, 749, 142. 05 2,682,567.02 447,212.01 4,349,087.69 4, 197,125.58 893,695.86 1, 395, 049. 42 1,292,312.94 876,067.65 2,434, 991. 25 2, 287, 4 76. 94 183,000.06 194,836. fi5 177,836.61 21,854.36 69,603. 70 68,025.61 601, 116. 73 813,181.07 778,169.21 302, S00.00 ----------------659,025.66 4,725,412.61 4,325,287.83 1, 233, 152. 06 6, 161, 153. 55 6, 646, 198. 02 524,138.96 1, 036, 726. 28 982,991.98 126,043.14 1, 5211, I 71. 36 1, 41\9, 908. 14 533,144.66 434,856.94 534,576.06 795, 8&,. 87 84,807.76 i02, 885. 87 1,000. 16 31l, ll'J9. 84 36, 49'J. 84 103,946.42 2,827, 719. 78 2,667,184.63 119,571.63 124,028.37 121,500.00 6, ()()().00 150,100.00 135, fiOO. 00 18,000.00 91,799.49 85, 2119. 49 908,777.28 14, f,59, 750. 29 14,379,421.04 315,499.96 322,000.04 268,500.00 200.00 136,000.00 130,000.00 256,550.00 1, 166,872.90 1, 062, 600. 00 22,000 00 ----------------- ---------------46,400.00 44,500.00 --------------20,419,977.89 84, 111,441.33 81,037,389.43 TOTAL, ACT APPROVED JUNE 10, 1933, AS AMENDED [Loans on, nnd a subscription for, preferred stock of insurance companies] Kansas. ___________________ -----····-·····-·_ Maryland Michigan _________________ _ Minnesota _____ ---···-----Missouri.. ________________ _ New Jersey __________ -----New York ________________ _ North Carolina·-·········· 2 1 1 1 1 3 1 1 1 1 1 1 Total_---············ 13 10 1 4 2 1 $100,000.00 22, 350, 000. 00 4, 12fi,000.00 100,000.00 2S0,000.00 4, 000, 000. OU 3,500,000.00 50,000.00 . _____________ _ • _••• _. _-- _-- _. ---------------------------------------·-·· ··--------------------------- $100. 000. 00 22, 350, 000. 00 4, 12:;, 000. 00 100. 000. 00 2,,0. (JOO. 00 4, om, ooo. oo 3, 500, 000. 00 50,000.00 $100,000.00 17,448, 4<i0. 00 3 622 ()<.)9 21 ' 59: fi79: 45 230,189.81 3, 600. 000. 00 2, 127, (JOO. 00 48,999.62 34,475,000.00 --------------- 34,475,000.00 27,236,418.09 .•••• _________ . See footnotes at end of table, Digitized by Google 40 REPORT OF RECONSTRUCTION FINANCE CORPORATION 4.-Number of authorizatiom and borrowera, to which authorization& were made; and amount of authorizationa, withdrawals or cancelationa, disburaemenu, and amount outatanding,from Feb. !1, 199!1, to Dec. St, 1998, inclusive, by Statea '-Continued TABLE LOANS ON PRJ:l'IIRRIID STOCK 01' INBUBANCII CoJIPANIIIS [Under the act approved June 10, 1933, as amended] Num•Num1:~.of ber of thor- bor• iza• row. tlons ers State Maryland •••••••••••••.... Michigan ...•••.•.•.•••••.. Minnesota .••••••.•••.....• MissourL •••.•••..•••..... New Jersey .......••..•..•. New York ••.........•..••. North Carolina .•.•.••.•..• 4 Total •••••••••••••.•• 12 2 1 2 1 1 1 Amount authorized Amount with· drawn or canceled 3 $22,350,000.00 •.••••••••••••• 1 4,125,000.00 ·••••·••••··••· 1 100,000.00 ..•...•••..•..• 1 250,000.00 ····••·······•• 1 4,000,000.00 ·••······••·•·· 1 3,500,000.00 ·••············ 1 50,000.00 ·••············ 9 Amount outstanding as of Dec. 31, 1938 1 Amount dis· bursed 34,375,000.00 ..••.••••••.... $22, 350, 000. 00 4, 125, 000. 00 100,000.00 250, 000. 00 4, 000, 000. 00 3, 500, 000. 00 50,000.00 $17, '48, 450. 00 3, 622, 099. 21 59. 679. 45 230,189.81 3, 600, 000. 00 2,127.000. 00 48, 1199. 62 34, 375, 000. 00 27, 136, •US. 09 SUBSCRIPTION FOR PREFERRED STOCK OF AN INSURANCE COMPANY [Under the act approved June 10, 1933, as amended] Kan.qas····················l-11-ll Total................ 1 1 $100, ooo. 001 ·•· ...•••.•.. ·· 1---$1_00_,_ooo_._·00_~_ _$_100_,ooo_._oo 100,000.00 •••••••·•···•·• 100,000.00 100,000.00 TOTAL, ACT APPROVED APR. 13, 1934, AS AMENDED [Loans to finance the repRir of damage by earthquake, flood, or other catastrophe in 1933, 11134, 11135, and 19M] California..•...••...•...... Connecticut ...•........••• Florida ...•.....•.••••••.•• Georgia ..••.•.••.••.•.•••.. Maine ....•...•••..•••..•.. Maryland ••.••............ Massachusetts .•.•......••. Mississippi. •..•..••.••.... Montana ........•..•.••••. New Hampshire.••••••.••. New Jersey .••••..••••••••• New York ..........•.•..•. North Carolina .....•••.•.. Ohio............•...•..•••. Pennsylvania.•......••.•.• Texas .•.•.••..•••..•••••••• West Virginia.••..••••••.•• 4 52 1 157 20 9 123 86 1 11 1 24 1 2 207 2 4 1 51 1 144 20 9 120 81 1 11 1 21 1 2 199 1 3 $2, 150, 000. 00 142,945.00 50,000.00 1, 335, 500. 00 24,250.00 24,600.00 325,159.00 216,250.00 150,000.00 42,950.00 500. 00 63,697.00 10,500.00 4. 900. 00 1, 035, 387. 75 140,000.00 27,650.00 Total ..••••..•••••••• 705 667 6, 734, 28!!. 75 $897, 170. 00 51,770.00 38,459.00 303,694.65 15,800.00 13,000.00 258,335.00 40,379.02 33,365.00 19,478.86 500.00 17,625.00 10,500.00 $1, 252, 830. 00 91,175.00 11,541.00 989,805.35 8,450.00 11,600.00 66,824.00 175. 870. 98 116,635.00 23,471.14 ---- --$59.880 -- ---- -- -... 391,565.00 120,000.00 6,700.00 643,822.75 20,000.00 20,950.00 479,821.45 2, 218, 341. 63 3,473,947.22 1, 692, 731. 69 5,181.45 851,497.74 4. 102. 50 8,235.00 28. 745. 37 133,902.90 57,597.72 15,931.14 ----------36,072.00 -- ----29,503.25 -------------- -- -------- 2,-- 752. - --- 73 -4,900.00 --------------5,000.00 10,580.00 TOTAL, SEC. 14 OF THE ACT APPROVED JUNE 19, 1934, AS AMENDED tt [Loans to borrowers engaged in the mining, milling or smelting of ores] Arizona............... ... . . California.................. Colorado.................. Georgia.......... ......... . Idaho........ .............. Kentucky................. Michigan...... ... ..... .... Montana............ ...... Nevada.............. ...... New Mexico............... Oregon....... ... ....... ... South Carolina..... .. . .... South Dakota............. 34 45 10 2 2 1 2 10 11 3 5 1 l 28 37 JO 2 2 l 2 9 11 3 4 l 1 $1,691,500.00 $1,245,000.00 $437,500.00 $403,500.00 3,528,500.00 1,047,500.00 1,666,000.00 1,276,000.00 735, 000. 00 672, 000. 00 63, oco. 00 60, 305. 79 24,000.00 JO, 000. 00 14,000.00 10, 2-1. 84 240,000.00 240,000.00 . ••. ..• •......... ·••··•••··•···•• 120,000.00 .•.. .. ........• 42,200.00 42,200.00 28C, 000. 00 .•............. . •..... . . .•........•..•••.......• 985, 000. 00 252, 000. 00 728, 000. 00 29 , 000. 00 3,365,000.00 3, 155,000.00 21C, 000. 00 39,617. 73 41,000.00 20,000. 00 21,000.00 15,000.00 428,500.00 413,500.00 15,000. 00 · ··-············ 20,000.00 20,000.00 ..•.....• ..... . •.••.•••..••.•.•.• 20,000. co 20,000.00 ••... .•••...• • . .. ···-· ······· ···· See footnotes at end of table. Digitized by Google 41 REPORT OF RECONSTRUCTION FINANCE CORPORATION 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, disbursements, and amount outstanding, from Feb. 2, 1932, to Dec. 31, 1938, inclusive, by States'Continued TABLE TOTAL, SEC. 14 OF THE ACT APPROVED JUNE 19, 1934, AS AMENDED-Continued State Numberof authorizations Numberol borrow- Total. ____________ -- . Amount withdrawn or canceled Amount out• standing as of Dec. 31, 1938 1 142,000.00 18,000.00 14,('()(), ()() 5,000.00 913,000.00 18,000.00 14,000.00 5,000.00 613,000.00 7, 292, 000. 00 4, 146, 700. 00 2, 795, 448. 36 60,000.00 22,00C. 00 20,000.00 1, 055, ()()(). 00 -. - -- ---------15,000.00 10 3 2 1 8 143 125 12, 635, 500. 00 3 2 I Amount disbursed ers -- -Utah ______________________ Virginia ___________________ Wyoming __________________ Alaska _____________________ Amount authorized -- -- 40,000.00 TOTAL, SEC. 16 OF THE ACT APPROVED JUNE 19, 1934, AS AMENDED [Loan to a public-school authority for payment of teachers' salarie.~ due prior to June 1, 1934) Illinois_____________________ l _ 1 1 - l 1 $22,500,000.001 Tota]________________ 1 1 22,500,000.00 $200, 000. 001 200,000.00 $22,300,000. 001---------------22, 300,000.00 ---------------- TOTAL, ACT APPROVED AUG. 24, 1935 [Loans to or for the benefit or tax-supported public-school districts or other similar public-school authorities in charge or public schools] Arkansas _________________ _ 'l'exas _____________________ _ 22 20 6 6 $1, 123, 800. 00 883, 000. 00 Total _______________ _ 28 26 2, 006, 800. 00 $150, 000. 00 $149,500.00 $549, 300. 00 518,000.00 ----------------- ---------------- 1, 067, 300. 00 150, ('()(). 00 149,500.00 '"Borrowers" include applicants to whom loans have been authorized and institutions in connection with which purchases or preferred stock, capital notes, or debentures.have been authorized. With respect to loans on preferred stock, the figures represent the number of institutions on whose preferred stock the Corporation authorized loans. • Includes repayments unallocated, pending advices, as of Dec. 31, 1938. • Includes 960 loans approved to 716 fruit growers located in certain areas in Washington. • These authorizations are not included in the State totals shown above, because the operations of the bor• rowers 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 ad jition, upon certification by tho Federal Emergency Relief Administrator, under the Federal Emergency Relief Act of 1933, the Corporation disbursed $499,650,000 for relief, as shown on p. 43 of this table; and disbursed $349,010.22 to the Federal Emergency Relief Administrator for expenses necessary to carry out the provisions of the above act. • 01 the $299,984,999 disburse,! for reli<'f and work relief as shown on p. 34 of this table, $17,159,232.30 was repaid to the Corporation by Rtatcs and political subdivisions. In addition, pursuant to the provisions of the act approved Feb. 24, 1938, the Corporation's notes were c,mceled in the amount of $282,825,766.70, equivalent to the balance of the amounts disbursed for relief ~nd work relief under title I or the Emergency Relief and Construction Act of 1P32, as amended. 'Revised. 10 Duplications in the number of borrowers arise in cases where the Corporation makes authorizations to a bank or trust company under more than 1 of the classifications under sec. 304 of the act approved Mar. 9, 1933, as amencled. 11 Classified by States according to the location of the property of the borrowers. Digitized by Google 42 REPORT OF RECONSTRUCTION FINANCE CORPORATION I, TABLE 4.-Participations by banks, etc., in loans to business enterprises authorized by the Reconstruction Finance Corporation, by States, from Jum 19, 1934, to Dec. 31, 1938, inclusive ADDENDUM [Under sec. 5d of the Recons'truction Finance Corporation Act, as amended] Amount authorized to be taken by banks, etc. State • Loans by banks, Loans by banks, etc., In which Sales or pertici• etc., In which petions by ReReconstruction Reconstruction CorpoFinance construction Fl· Finance Corponance CorPQra• ration authorized ration authorized or depurchase tion to banks, purchase of imetc. • ferred particl• medla te pertici• pation • petion • $494,975. 00 $120.376.67 $2, 2/iO. OO Alabama....................... 140,650. 00 100. 000.00 Arizona.. . ................................ .... . . . 43,800.00 35. 200.00 56,980.00 Arkansas....................... 7,859,025.00 124,250.00 81,150.00 California...................... 50,916.67 63,500.00 Colorado......................................... 137,255.00 223,750!00 88.250.00 ConnecticuL.................. 23,250.00 5,000.00 . ..•.............. Di strict of Columbia........... 203,270.00 40,750.00 52,500.00 Florida......................... 2,254,680.44 295,425.00 542,723.00 Georgia........................ 7,224.00 26,800.00 1,800, 00 Idaho . ......................... 50, 885. 00 256, 166. 67 115, 166. 67 Illinois...... .... ............... 368,400.00 126,900.00 150,000.00 Indiana........................ 29,625.00 28,250.00 4,250. 00 Iowa.. . ........................ 198,550.00 137,666.67 33,500.00 Kansas......................... 217; 750. 00 306,750.00 31,825.00 Kentucky...................... 12,450.00 20. 500. 00 8, 000.00 Louisiana........ . ............ . 750, 00 10,000.00 3,000. 00 Maine. ........................ 72,000. 00 1,071,160. 00 12, 500. 00 Maryland ...................... 285,015.01 150,150. oo 157,950.00 Mas.sachusetts................. 938,650.00 209,000. oo I, 571, 750.00 Michi~an.. ••......... ... . . .... 200,425.00 112,040. oo 46, MO. 00 Minnesota..................... 72,025.15 27,500;00 7,800. 00 Mississippi..................... 881,300.00 79,650. oo 6,200.00 Missouri... .. ................. . 7,450. 00 !fl, 757.50 21, 003.33 Montana..... .................. 58,723. 33 33,250.00 22,050. 00 Nebraska . .... . ................ 215.000.00 .•..............•. 60,000.00 New Hampshire............... 219,016.67 422,680. oo 39,500. 00 New Jersey.................... 5,750.00 126,749.80 New M exico.......... . ................. ... ... ... 1, 21i8, 775. 00 376,450.00 324,775.00 New York... . ................. 474,261.36 832,875.00 19,500.00 North Carolina................ 750. 00 240. 00 300. 00 North Dakota.................. 13 I, ~:~:~ ·······~~~'.'.~:~'.. 251,975.00 862. 000. oo 198,933.33 Ore~on... ...................... 793, 794, 13 884,250.00 639,350.00 Pennsylvania.. ................ 7,750.00 423, 500. 00 5,000. 00 Rhode Island........ .. ........ 399,875. 00 6,000.00 South Carolina........................ . ........ . . 18,500.00 16,150.00 5,333.33 South Dakota.................. 713, 7'17. 18 1411. 700. oo 55. 500. 00 Tennessee............. . ........ 355,975.00 114, 7111. 57 305,050. 00 Texas.................. ........ m:~:l:: 8~l~iioma·.-.~::::::::::::::::::: '.::~:~. ~!~oiii::::::::::::::::::::::: ........ 13, 500. 00 Vi~inla. .... .. . . . .. ....... ... .. WMhin~ton....... . ............ West Virginia.................. Wisconsin...................... 9,200. 00 12,000. 00 18, 400. 00 11 : :~ :~ ·~:~ 78,400. oo 122.000. oo 1'17. 000. oo 389, 750. 00 554,937. 50 409,125. 00 281, 414. 28 479, 350. 00 i'l:a1;~~~~::::::::::::::::::: :::::::::::::::::: ····-··•g:::::• ···-··-~~~:~. Total. ••...•.••.•..••.•.. 4,879,764.66 9,377,199.55 23, 021, 770. 62 Total $617,601.67 240,650.00 13S, 980. 00 8, 064, 425. 00 114,416.67 449,255.00 28,250.00 296,520.00 a, 092, 828. 44 35,824.00 422,218.34 645,300.00 62,125.00 369, i16. 67 656,325.00 40,950.00 13,750. 00 1, 155, 660. 00 593,115.01 2,719,300. (A) 358. 815. 00 1'17, 325. 15 967,150. 00 4.5, 210. 83 114,023.33 275,000.00 681,196.67 132,499.80 1, 960. 000. 00 1, 326, 636. 36 1,290.00 2,393,915.57 139,500.00 1, 312. 908. 33 2, 317, 394. 13 436,250.00 405. 875.00 39,983.33 918,WT. 18 755,816.57 117,750.00 34,000.00 646,837.50 540, 325.00 400,414.28 887,500.00 15,500.00 200.000.00 92,500.00 ' 37, 278, 734. 83 • According to location of borrower. • These amounts are included throughout this report In loan~ authorized by Reconstruction Finanre Corporation under sec. 5d, as amended, inasmuch as In each case the entire amount or the loan Is authorized and disbursed by Reconstruction Finance Corporation. Sale ol participation takes place usually at time of disbursement. • Thege amounts are in addition to participations authorized by Reconstruction Finance Corporation under sec. 5d, as amended, as shown throughout this report. 'In addition. banks, etc., were to participeta in the amount of $23,771,000 In commitments outstanding at the close of Dec. 31, 1938. Digitized by Google REPORT OF RECO~STillTTION FINANCE conPORATION 43 ADDBNDUH II, TABLE 4-(Not Included In the foregoing table 4) Amount of disbursements for relief upon certification or !'!rants by the Federal Emergency Relief Administrator, under the Federal Emergency Relief Act of 1933, Crom May 12, JY33, to Dec. 31, IU38, inclusive, by States Amount State: di,bur,td Alabama ...•...••...••..•....•...•. $8,ll\H,:lV! Arizona ___________________________ _ 2,834, 146 7,410, 249 15,823, 5:J5 3,925,050 4,594, 154 1,010,708 1, 051\, 174 13,347, 2.12 7,705,354 809,957 52, 210,ms 11,259,425 5, 248, 789 2, i32, 726 5, t45, 118 13,034, 157 1,251,414 Maine ............................. . Maryland .......•...•.............. 7,171,098 Ma.ssachusetts .......•.•.....•.....• 11,355,140 Michigan .......................... . 31,369, 782 8,831,959 8, 5.,o, 2116 6, m-s, 494 Montana ......•.•...••............• 2, 8.,3, 357 Nebraska ...••.•.••..•.••..•••...... 2, 12,>, fi99 370,801 Nevada .............•.•...•........ Arkansas ..................•.......• California ..•........•...•.•.......• Colorado .......•....••....•.•.....• Connecticut .......•.•..•.••.•.....• Delaware ...............•.••.....•.• District of Columbia .••••.•.•.....• Florida.....•........•............•• Georgia ..•..............•...•.....• Idaho ...•.........................• Illinois ...•..............•.........• Indiana ...•............•..........• Iowa .....•••••.......••••....••.... Kansas ........••.....•.•..•.•.•.... ~~i'.s~:L·:: :: :: :: :::::: :::: :::::: S!~~1r!i~===::::::::::::::::::::: New Hampshire ............•..•.... 96(1, 43" State-Continued. Xew Jersey ......................... New l\fexico........................ Xew York .........................• North Carolina..................... Korth Dakota...................... Ohio............................... Oklahoma.......................... Oregon............................. Pennsylvania....................... Rhode lslan,i....... .. .... .•.. .. ...• South Carolina..................... South Dakota...................... Tennessee.......................... Texas.............................. Utah............................... Vermont........................... Virginia ....... _.................... '\\.. ashington ______ ________ __ _____ ___ West Virginia...................... Wiseonsin.......................... Wyoming.......................... Alaska............................. Hawaii._........................... Puerto Rico. .....•.......•••.....• Virgin Islands...................... Amount disbursed $15, 42:l, 438 889,188 63, 131,821\ 9,709,990 3,612,520 3", 76:l, 382 6,309,005 3,213,315 44, 100, 509 I, 870,967 10, 42·1, 200 7, O:l5, 597 6, :J69, 196 13,249,874 1, 72:l, 352 481,544 5,594,074 5, fi'l7, 175 11,090,599 II, 619,053 190,383 349,629 1,110,561 1,970,201 281, 753 Total. .....•.•.•.••..•...•.•....•• 499,650,000 Digitized by Google TABLE :t 5.-Loan and other authorizations, by character of loans, dc.t (From Feb. 2, 1932, to Dee. 31, 1938, Inclusive) Authorizations Withdrawals or cancelations Loans to aicl In the reorganization or liquidation of closed banks: To receivers, liquidating agents, and conservators ....................... ....... 1$1, 122,405,863.15 Through mortgage Joan companies.. ..... ...... .............................. . . 110,474, 123. 58 On assets of closed banks, under sec. 5e of the Reconstruction Finance Corpo. ration Act, as amended................................................ ...... 89,045,555.08 $274. 5.11, 740. 36 18, 264, 602. 76 Repayments and other reductions • Disbursements Outstanding as or Dec. 31, 1938 ~ BANKS AND TRUST COMPANIES J Total. to aid in tbe reorganization or liquidation of closed banks ............ . 1,330,925,542. 71 Loans to open banks• .......................•............................... ...... 1,334.595,653. 65 Loans on preferred stock .......................•............................ ....... 23,274,755.00 Subscriptions for preferred stock .............. ..•.................................. Purchases of capital notes or debentures ........................•........••.....•.. Total, banks and trust companies BUILDING AND LOAN ASSOCIATIONS ........ 3.986,301,4 10.36 1 t::: ~ ~~~~~~s::==:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: Total, building and loan associations......................................... 0 ~:;;a· (1) 0. ~ CJ 0 ~ ~ JNSUBANCE COMPANIES Loans-direct.................................................... .................. Loans on prelerred stock........................................................... Subscription for preferred stock.................................................... Total, Insurance companies.................................................. 1~: I $836, 834, 584. 45 101,209,520.82 33, 899. 536. 27 1---- 326,715,879.391 196,378,316.88 5, 5: 126,025.00 126: 025. 00 i 73,918.021. 44 90, 549, 500. 00 I I llt m: t 692,687.748.71 2 ~; ~g: ~:: I $43, 271, 408. 85 18, 872, 306. 77 3, 855, 4~6. 70 45, 208, 693. 22 41,353,226.52 917,253,436.17 1, 0.59,. 877,878.87 . . 10. S03. 625. 80 I 10, 332,181,505.46 214,594. 371. 77 3.267.884 , 296. 82 2,534. 710. 818. 07 I 11~: m: 900. 46 I . . 7. 345. 104. 20 453, ooo. 451. 10 128,393, 103. 23 2, 206, 139. 67 113, 953. 179. 37 593. 34 118, 134, 493. 80 104,439, 750. 19 13,331,441.86 34,375,000.00 ••••.•..........•. JOO, 000. 00 •••..•.. . ......... $793, 563, 085. 60 82,337,124.05 083, 252 . 798. 49 1,138,217 ., 336. 77 . 18, 148,730.00 18: 148. 730. oo I 785. 277, 956. 56 342,987, 47~. 00 I 29,025, 705. 60 153,685, 109. 40 116,159,319.04 1===== 1 = ==== 90,603.200. 81 87,696,004.91 34,375,000. 00 7,238,581.91 100,000.00 ••••••••••••••.••••• --~~ 94,934,586.82 30,233,622.99 Loans-direct...................................................................... Loans to Tbe RFC Mortl(a~e Co.................................................. Loan to Federal National Mortg8lte Association................................... Subscription !or stock or The RFC Mortga~e Co.................................. Subscription ror stock of the Federal National Mortgage Assoclatjon............... Subscription for stock or other mortgage loan companies........................... 352, 494, 723. 49 105,021.275. ~1 102, 329, 569. 08 ~~mn 187, 593, 890. 16 69,627,942.80 53, 476, 951. 01 Total, mortgage Joan companies•............................................ 644,766,009. IO I 1,250,000.00 103,679,569. os 29,158.906. 01 38, 710, OM. 01 25, 000, 000. 00 11, 000, 000. 00 ~~moo I 414,567,763. gg I 257,221,832. oo I z ~ ~ ~ .... 0 z ...'-".1 z 8 125,168,209.81 •~•m ~mooooo :8 ~ 13,331,441.86 llORTOAOE LOAN COlll'ANIES' 0 '-".1 2,997,204.90 27,136,418.09 100,000.00 138,914,750. 19 60,000,000.00 25,000,000.00 11,000,000.00 1,250,000.00 ~'ti 157,345,021.03 l;;l ! ... ~ A,\IJ:l,J\..U.LJ.' VJ:l,.&..L _.U,.A.l'tl,,J..l._U' J.J.,.O.l.lJ. VJ..lVJ.._r, , ................. _ •"'-'• Loans to Federal ]and banks __ _____ __ ___ ______ __________ _____ __ ____ ______ __ ___ __ ___ 1 399, 636, 000. 00 9, 2li0, 000. 00 Loans to to regional F ederal Intermed iatecredit creditcorporations bank•- -------- - -- ---------- - ----------- - ----Loans agricultural __ _____ __ __ ____ ____ _____ __ __ _____ __ 178. 840, 452. 48 Loans to Commodity Credit Corporation ______ ____ __ ___ __ ____ ________ __________ ___ Loans to Secretary of A!!ficulture to acquire cotton ____ ___ _____ ____ _____ __ _____ ____ 1,604,7 12,664. 99 23. 500. 000. 00 L oans to to Joint-stock banks--- -- -- -------29, 035, 359. 13 - ------- - -___ ------___ ----Loans agriculturalland credit corporations ____ ___ ___ _____ __- ----_______ __ -__- --__ ___ ___-_ 6, 120, 867. 59 Loans to livestock cred it corporations., __ ___ ___ __ _____ _________ ______ __ ____ ___ _____ 14, 511,327. 88 Loans for financing expor ts or agricul tural surpluses ___ _____ __ ______ _____ _______ ___ _ 83, 370. 955. 22 Loans for financing agricul t ural commodities and livestock ____ ___ __ ____________ ___ _ 86, 061,513. 08 Total, agricultural finan cing institutions, etc __ _____ __ _____ ____ __ _________ ____ 2, 435, 039, 140. 37 ' __ --~___,.,- , ' 387, 230, 000. 00 9, 2li0, 000. 00 836, 995, 702. 78 20, 200, 000. 00 5, 81 5, 014. 34 477,249.37 1, 539, 729. 19 33, 146, 368. 56 66,367,021. 30 387, 236, 000. 00 9, 2li0, 000. 00 173,243,640. 72 767,716, 962. 21 3, 300, 000. 00 22, 402, 504. 87 5,643,618. 22 12, 971 , MIS. 69 40, 224, 686. 66 19,557, 491. 78 982, 537, 897. 30 1,441. 646,403. 15 1, 416, 150, 041.96 12, 400, 000. 00 --------------- -5, 596, 811.76 1 173,243,640. 72 767,716, 962. 21 3, 300, 000. 00 16, 833, 7SO. 41 5, 558, 762. 42 12, 971, 598. 69 20, 177, 600. 67 18,861,606.84 _..,., -----------------------------------------------------------------------------------5, 568, 724. 46 84,855. 80 -----------------20, 046, 896. 00 695,884. 94 26, 396, 361. 19 RAILROADS L oans to receivers and trustees __________ __ ___ _____ __________ ______ ___ __ ____ ___ __ __ _ Loans to others ___ ______ __ ___ ____ ____ __________________ __ ___ _______ ___ ______ __ ____ _ Total, railroads ______ __ _____ ___ ___________ _____ __ ____ ___ __ ___ ___ ___ ___ ______ _ 39, 968, 881. 95 705, 903, 335. 00 844,791. 00 105, 548,764.89 39, 124, 090.95 585, 976, 570. 11 6, 712,062.20 182, 294, 612. 05 32,412, 028. 75 403, 681, 958. 06 i45, 872, 216. 95 I06, 393, 555. 89 625, 100, 66 1. 06 189,006,674. 25 436, 093,986. 81 42,691,610.33 114,66 1. 35 4, 619, 170. 19 107,746,686. 03 B USINESS E NTER PRISES Loans to business en terprises: Direct (including participations) _____ ___ ________________ _____ __________ ____ ___ _ Tb rough banks ____ __ ____ __ ___ _______ __ ______ _____ ____ _______ __________ _______ . • 291, 000,942. 49 167,500. 00 Throu gh mor tgage loan com panies ________ __ _________ ______ __ _______ __ ________ _ 16,422, 275.00 F ishing ind ustry u nder sec. 5 of t he Reconstruction F inance Cor poration Act, as amended ______ ___ __ __ __ _______ ______ ________ __ _______ __ _______ ____ __ ____ __ 809, 700. 00 T otal, loans to b usiness enter prises ______ ___ ______ _____ __ _____ ______ __ __ ___ _ • 308, 406, 417. 49 , OR SM ELTING OF ORES Loans, total_ ____ ______lUNING, ______ __MILLING ___ _______ ______ __ ___ _____ _____ __________ ___________ . 0 cg: ,r ~ ~ C'; 0 ~........ (v Total, self-liquidat ing projects, etc_- ------ ----- -------- -- -- - - - -- --- - -- -- -- - - 90,025.00 I 50, 438, 196. 36 114, 6Gl. 35 5,701, 835. 15 -·-------·-- ·---1,082,664 . 96 ----81, 125, 404. 75 719,675. 00 367,697.04 351. 977. 96 156,974, 367.86 47, 793, 138.91 109, 181, 228. 95 12, 635, 500. 00 7,292,000.00 4, 146, 700. 00 1, 351, 251.64 2, i 95, 448. 36 400,092, 487. 36 31,84 1,243. 14 317, 389, 641.28 137, 287, 959. 96 180,101,681.32 See foo t notes at end of table. ~ 1-3 0 ':,j ~ ~ 0 0 z rn 8 00, 755, 127. 81 7,560,000.00 25,661,053. 73 18, 859, 56 I. 92 6,801,491.81 400, 847,615. 17 39, 401,243. 14 343, 050,695.01 156, 14 7. 521. 88 186, 003, 173. 13 Cl 0 8 ..... 0 z ':,j ..... z z> 0 ~ DRAINAGE, LEVZE, lRRlG.A.TJON , AND SIMILAR DISTRICTS Loans, totaJ __ ____ __-- - --- ________ __ __ _____ __________ _____ _____ _____ ___ ____ __ _____ _ 0 ~ 70,262, IOI. 25 52,838.65 10, 720, 439. 85 SELF-LIQU1DA TING P ROJ ECTS, ETC . Loans on sell-liqu idating projects under sec. 201 (a) of the Emergency R elief an d Construction Act of 1932, as amended ___ __ _______ ______________________________ _ Loans t o public bodies for construction , etc ., under sec. 5d of the R econstruction F inance Cor poration Act, as amended _______________ ____ __ ___ _____ ___ ___ __ _____ _ ~ ~ "'tl 141, 485, 052. 48 20,419,977. 89 84, 111, 441. 33 3, 074, 051.00 81, 037, 389. 43 0 0 ~ "'tl 0 :,;I ~ ..... z0 ~ CJ1 TABLE ~ 5.-Loan and other authorizations, by character of loans, etc.1-Continued Authorizations Withdrawals or Disbursements cancelations O') R epayments and other reductions ' Outstanding as of Dec. 31, 1938 Loans to repair damage in 1933____ ___ __ _____ ____ ____________ _______ __ __ ____________ Loans to repair damage in 1933, 1934, 193.5, l 936: To bu siness enterprises___ ___ ____ _________ ________ ______ ____________ _________ __ T o others___ __________ __ __ __ _______ __ _______ ___ ______ ____ _______ ___ __ ___ ____ __ _ JO, 450, 232. 20 1,711,962. 75 4,022,326.00 820,590.00 I, 397,751.53 T otal, repair of damage by earthquake, flood, etc __-- ----- -- --- ------------ -- 16, 184, 5~0. 95 4,139, 465. 63 642, 9fl7. 80 2fl, 089. 27 13,087,715.88 2,006,800.00 22,500,000.00 300,000,000.00 106, 500,000.00 OTHER I 8, 529, 108. 10 7,740,654.61 788,453. 49 891, 372. 75 2,582,574.47 230, 479.36 I, 550, 736. 17 600,893.39 1, 031, 838. 30 I 2, 003, 055. 32 9, 521, 870. 14 2, 481,185. 18 42,872.01 11,371. 21 23,084. 70 I, 067, 300. 00 200,0CO.OO 600,095. 79 14, 718.06 13,064,631. 18 150,000.00 22, 300, 000. 00 499,721.21 14,718.06 13, 064, 63 I. 18 500.00 22, 300,000. 00 100,374.58 15,001.00 299,984,999. 00 46, 500, 000. 00 299, 984, 999. 00 2,425.46 ------ ----------46,497,574.54 I, 921, 124. 10 1- -- - - - 1 - - - - - - 1- - - - --- I l=== ===l======l======I= Loa ns to credit unions_ ____ __________ __________ _____ ___ ____ __ ___ _____ _______ _____ __ Loans to processors, or distributors subject to processing taxes_ ________ ____ ________ Loans to State fund s for securing repayment or deposits of public moneys _________ _ Loans to refinance public-school district obligations____ _______ ___ ____ ____ ________ __ Loan for payment or teachers' salaries ___ _____ ------- - --------------- - ---- - -- --- -- - Amounts made available for relief and work relief, under the Emergency Relief and Construction Act of 1932, as amended__ ___ _______ ___ ___ _______ ____________ __ Loan to Rural Electrification Administration________ ______________________________ 7 - - ----1------1-------1- 149,500.00 1 Total, other ___ ___ __ ________ ________________ --------------------------------- Grand total 444,763,572.95 -------1 9,418,901,395.41 l, 350,628. 921 2,081, 293, 638. 77 382,614,444.031 8 6, 975, 302, 522. 18 1 335,866,994.91 46,747,449.12 5, 160, 938, 102. 48 1,814, 364, 419. 70 0 cg: N. (1) 0. ~ CJ 0 ~ fv ~ ~ 1-3 'tl REPAIR OJ.' DAMAGE BY EARTHQ UAKE, FLOOD , ETC. 1 Excludes allocations to other governmental agencies; pm chases of securities from Public Works Administration; and commitments outstanding. ' Excludes repayments unallocated, pending advices, as or Dec. 31, 1938. 1 Excludes loans through banks to business enterprises . • Excludes loans through mortgage loan companies to aid closed banks, and to business enterprises. • Includes $193,618,000 representing refinancing of loans previously made by tbe Corporation to Federal land banks for diflerent individual amounts, but in the same aggregate amount. • Inolurtes $4,879,764 .06 representing sales of participations to banks etr; but does not Include $32,398,070.17 representing loans bf banks, etc., In which the Corporation author• lted purchs.•es of, and agreements to roircnase, parliclontlons . 7 Includes $1i, 159,232.30 representing repayments and other reductions by States and politi cal subdivisions; and $282,825,760.70 representing cancelatiou of the Corporation's notes, pursuant to the provisions or the act approved Feb. 24, JQ38, equivalent to the balance or the amounts disbursed. • In addition, upon certification by the Federal Emergency Relief Administrator, under the Federal Emergency Relief Act or 1033, the Corporation had disbursed $499, 0fiO,OOO for relief, and $349,010.22 for expenses necessary to carry out the provisions of the above act. • Of this amount, $282,825,766.70 represents cancelation of the Corporation's notes, pursuant to the provisions o! the act approved Feb. 24, 1938, equivalent to the balance of the amounts disbursed for relief and work relief under title l of the Emergency Relief and Construction Act o! 1932, as amended . 0 ":.I ~ ~ r:/2 a 1-3 ~ 0 1-3 .... 0 z ....":.I z > z a t;,.l 8l:,:l g > 1-'l .... 0 z REPOilT OF R ECONSTRUCTION FINANCE CORPORATION 47 6.-Amounl of authorization,, disbursements, repayments, and other reductions, and amount outstanding from Feb. 2, 1932, to Dec. SJ, 1938, inclusive, by classes and months. TABLE GRAND TOTA L Amount or authorizations Year and month Am ount or 1 dis bursements Amount or repay• ments and other reductions Amount out• standing at end or period 1932 February .... .......... .. March ... . . ........ .. . . .. tf._r~ ·-· · . . ··•····-· ·- -··· June . . . .... .... .. _. __ .... July .... . . . . ... . _. . . . __ __. August ... . .......... . __ .. September ·· · ·· · ··· ··-· __ October .... -... .. _._ . __ . . November .. . .. . _. __ __ . . _ December .. .... _.... . ____ $91,601.057. 00 142,333,075.06 228, 771, l\li7. 33 199,450,025. 39 388, 254, 246. 63 170, 934, 728. 59 189, 068, 100. 31 138, 480, 782. 93 162, 373, 944 . 36 96. 508, 980. 32 128, 332, 558. 65 $70,868,417.52 121,477, 890. 49 155,543,323. 23 158,983,559.1 2 298,276,816. 59 171,149,931.86 146, 180,913. 71 72, 120, 713.91 137,623,749.68 6 I, 020, 558. 00 131,501 , 26-1. 75 7,009,080 .•'i() 16,440, n1. 23 48, 684, 000. 92 34,615, 181. 07 35, 232, 968. 30 44, 903, l!i8. 06 47, "65, JIG. 28 27, 180, 9ii. 04 29,423,415.68 1,936, 199,172. 57 1, 524 , 747, 138. 82 299, 948. 4[,3, 38 1, 224, 798, 685. 44 D ecember ... ..... __ ______ 142, 844,447. 43 283, 171,473. 8-5 217,732,207. 45 162, 526, 631. 98 141,928.875. 46 154,047,880.32 201,024, 785. 3R 57,792,381. 18 44,791 , 443.05 511, :188. 597. 97 347, 53~. 421. 56 475, 432. 1, M. 36 117,995,293.92 I99, 499, 330. 83 179, 533, 134.72 117, 500, 39~. 87 19S. S05, 854. 81 123,677, 037. 80 11.5. 339, 396. 98 83. 128,537.43 39,27 1,494. 74 48. fi46, 412. 75 1R6. 473,065. 11 1 36g, 537,593. 42 32, 452. 828. 29 35,971, 6o:I. 16 5.5, 81:l, M\6. 83 40,2 13. 996. 05 46,800. 209. 06 94,656.029. 32 112,949, 2\J<J. 42 73, 520, 461. 92 61,734,251.55 69,684. 650. 98 51,202,045.08 67,574, 1~. 47 1,310,341, 151.07 1,473, 868, 878. 74 1,597,588,446.63 1,674.874, 849. 45 1, 823, 880,495. 20 1, 8-52, 901, c03. 68 I, 855,29 1, 601. 24 1,864,899,676. 75 1,842,436,019.94 1, 821,398, 681. 71 1, 956.f,69, 701. 64 2. 258, 633, 111. 59 Total.. _. •. _. ______ 2, 746,217,791.97 I, 776, 407,551.28 742. 573. 125. 13 2, 2'>8, 633, 11 I. 59 406, 213,217. 84 132,453.627. 03 196. 7:,0, 943. 78 101, 690,047. 09 105,719,957.01 ) 261 , 546,792. 91 72, 792. 004. 65 188, 298, 608. 36 288, 771, 955. 19 192,322,799.21 53,612,012. 41 116, 472,752.03 343, 7 1, 484. 63 138,223,573. 21 I 74, 702, 436. 92 137,503,338.114 100, 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, 997, 270. 39 67,831,380.42 443, 161,666. 45 136, 883, 990. 63 71,019.841. 07 79, 142, 232. 20 73, 407, 395. 85 114, 654, 725. 17 2,516,251), 917. 8' 2,571,734,619. 04 2,655, 125, 206. 79 2,701,505,333. 01 2, 734. 990, 087. 76 2,872.370, 987. 85 2. 707,399.624. 56 2,685,519,033. 73 2, 668, 864, 102. 88 2, 649, 800, 063. 03 2, 664, 229, 290. 50 2,682, 121,077.81 2, 116,644,722. 51 I. 827,925,080. 28 1,404, 437,114.06 2,682, 121,077.81 32,097, 248. 47 19,850,030. 26 37,057, 127. 58 58, 444, 786. 45 32, 373, 109. 22 138, 554,994. 07 28. 253. 080. 00 26, 263, 593. 76 130, 22.5, 477. 53 30,382, 759. 40 121, 318,317.28 39, 883, 602. 05 49, 275, 454. 45 54., 737, 368. 83 39, 624, 90.5. 90 56, 104, 278. 17 61 , 729,009.88 137,909,087. 21 124 ,588,307. 71 51, 347,644.38 42, 029, 803. 99 28, 436, 221. 25 17. 986,037. 611 43, 792, 967. 11 73,431, 516. 58 60, 582, 383. 40 54.. 747,687. 70 48, 076, 834. 97 46,989,6 17.07 53, 863, 16.5. 23 60,091,046.99 40, 278, 28 1. 99 34, 940, 786. 92 47 , Oil, 11 6. 53 34, 143, 979. 73 100, 845, 402. 79 2,657,005,015.68 2,652,120,001. 11 2,636,997,219.3 1 2, 645, 024, 662. 51 2, 659, 764, 055. 32 2, 743, 800, 977. 30 2,808,307,238.02 2,819,376,600.41 2,826,465.617. 48 2, 807, 890, 722. 20 2, 791, 732, 780. 16 2,728,680,344. 48 Total. . . · -- ·· --·--· 1936 604, 704, 126. 97 707,561,086.57 661,001,8 19. 90 2, 728, 680, 344. 48 Tan UaTY-- --- ·--· -· · ······ 24,6 16,7 12.69 14, 550, 320. 97 118, 649, 972. 55 36, 161,714.96 66, 766. 870. 91 27, 873,909. 23 170, 700, 496. 83 I 43,475, 154. 54 7,660,361.24 27, 136, 119. 77 I 11 ,966, 136. 28 I 8, 843, 948. 97 62, 162. 133. 42 16,990. 711. 44 19,472, 138. 21 28,601, 474.57 25, 788. 347. 90 2:1, 103, 343. 50 42, 200. 622. 53 27,119,391.90 18,627,653. 01 28, 403, 788. 54 I 0, 835, 460. 87 25,067, 831.62 49, 420, 650. 65 52,691,446.85 75. 355, 56-~. 31 46, 190,361.91 150, 760. 907 . .52 112,566,6 13. 9.5 238,617,224.01 37,692, 78 26,885, 137. 49 34,990, 512. 10 33. 898, 211.49 63,3 18, 770. 11 2, 741,421,827. 25 2, 10.;. 721,091.8' 2,649,837.661. 74 2, 632, 248, 774. 40 2, 507,276,214. 78 2,417,812,944.33 2,221,396,342.85 2, 210, 822, 774. 97 2, 202, 565, 291. 49 2, 195, 978, 566. 93 2,172.915, 816. 31 2, 134,664, 877. 82 578,40 1,718.94 328, 372, 897. 51 922, 388, 364. 17 2, 134,664, 877.82 Total. . •• • . . _. . _. __ $18,845.00 8, 873, 88:l. 30 Sm, 849, 572. 52 183,453, 579. 71 331 , 987,822.44 474,530,654. 33 724,122,570.00 860, 657,320,711 97 1, 605, 266. 20 998, 822, 822. 05 1, 088, 88 1, 255. 45 1, 122,720, 837.37 1, 224,798,685.44 1933 J anuary . . .. _._. _.. ..... __ F ebruary . . . · ---- -·---·-M arch ..... · -· ··· ·· · --·-ril .... . . .. . · -·- ---·-·-- ~ Y- ·· · · ······ ···- --· ·-- J une .. ··- ·-··-· ·· ·· · ---·- J uly ····· · ········-·· · -··· A ugust ...... · -··· ··· · -· ·- s ep ternber --·-· ··· ···- · ·· 0 c tober .. ··· · -··· -··---·N overnber -- · -·· · ·- -----· 1934 J anuarY·- ··· ·-· ··--- · · · ·· F e bruary ··· · ·· ·-- - •-· --M arcb . . . - - · ····------- -· A pril . .. -••·--· -··- - - ----- M • Y - - · --- ···-·· · · - ·-- - -J une .. . . ....... ••···-- ·· J uly ... - ·-·---- · --- ··- ---· A ugu.st. .. -·· ····- -· ---- __ "S ep ternber .. . . ... . •-· ·· ·· 0 ctober .. -•- · · · ·· -· -·---N o vember . .. . - -·· · ---- -D ecernber .. _.... . .. -· ·-·· Total. • • . · · · ··--·· · 1935 I I Jan ual"Y--··· · - ·-· ·-- · -·· - F ebruary . . . .. · -·· --- · -·· :March .. • • ---····-- ·· ---· A pril .. - -•-··· ··· ····· - · · · 1M: .,0 ne _ - -- --- -------------- &Y - · · · ---··--·-· - -· ·· ·· JulY- ... · -· · ·-------·-·-- A u.gust .. · -·-·--·-···· -·-· Se ~r~~~:: ::::::::::: :: <> J>t!" o vember ______ _________ N D ecember -· -··-··-··-- -·- F ebruary·· · · ··-----··· -M: arch .. ... .. ... - --- ·- ··A p ril--- · -- · · ······· -···-L\da y - --······ ·-· ·- - ··-- ·J"l:U1ce _ · ····- · - -· -· ·----- -rnI y - --• · · ··• • ··· · · ·· ---· - &..u ;Je :if~~ber::::::::::::::: ::> ctober .. . · -···--· · -· -·· · ~ ovember _. · ·-·······--· D ece= ber •. - .•• - •. . ..•.. Total. •••••...••.• _ s I I ow ee footnotes at end or tabl e, Digitized by Google 48 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repayments, and other reductions, and amount outstanding from Feb. 2, 1932, to Dec. 31, 1938, inclusioe, by classes and months-Continued TABLE ORAND TOTAL-Continued Year and month Amount of authorizations 1 1937 JanuBrY .·--···········- __ February ___ ••••• __· -·· __ March_ ---·---·-·-·····-April __ •____ -·-· •• ---·---_ MaY--- ---·----- -------June _______________ -----July ___ ___ _______ __ • __ ____ August. __ _____ _-· -------September __________ _____ October . . __________ ______ November . -· ------- -- --December------ · -····---TotaJ. __ ·····--·--- $14, 393, 108. 36 8, 573, 558. 25 12, 332, 449. 53 97. 277, 132. 38 I 38, 9&1, 201. 07 I 61,024, 387. 84 93, 630, 910. 54 I 159, 71\3, 700. 20 I 39, 855, 440. 09 I 5, 556, 306. 78 17, 870, 017. 35 I 82, 784, 142. 64 $48, 158, 198. 30 15, 705, 071. 11 16. 394,887.98 26.07!",, 199. 15 11 , 364, 373. 76 28,474,505.42 38, 372, 893. 07 13, 838, 981. 64 24, 161, 285. 17 24, 353, 488. 24 33, 279, 122. 08 67,318,572. 20 622, 046, 361. 03 45,621,441.05 32, 01 I, 606. 48 25,177,016.02 104,059, 212. 42 I 37,985, .161. 14 37,053, 384. 28 I 71,036. 01 2. 95 I 8.1, 991, 658. 62 I 74, 329, 806. 04 68, 883, 238. 09 85, 962, 987. 92 6/l, 575. 576. 41 I I 1938 January··-- ---····· -----February. ______ -·· ------. March_------·-·-------April _____________ ________ May __ ___________________ June ____________ _________ July ____ __________________ Au~ust. ____________ _____ . September ______________ _ October ________________ __ November _______________ December ______ ---·-- ____ Total.-·-·······-·Orand total. _______ Amount of disbursements Amount or repay• ments and other reductions I $35, 494, 302. 23 37,360,469. 68 Amount out• standing at end or period S2. 147, 32tl, m. sv 42, 317, 304. 87 26, 245, 972. 64 23, 621, 504. 72 24, 965, 450. 20 76, 989, 473. 85 15, 983, 439. 46 16, 373, 756. 98 12,171,240. 37 27, 714, 348. 95 2, 125. 673, 375. 32 2, O.'i3, 833, 358. 28 2,037,591,252. 56 2, 022, 709, 653. li8 2,027,562,654.38 2,040,970,097. 25 I, 977,819,605. 04 I, 985, 997, 450. 75 1,993,977, 1~2. 01 2, 015, 085,063. 72 2, 0.'\4. 689, 286. 97 347,496,578. 12 427, 472, 168. 97 2, 054, 689, 286. 97 32, 605, 557. 77 36, 258, 563. 47 25, 482, 818. 71 29, 318, 105. 84 37, 846, 355. 25 27. 602, 304.34 26, 099, 762. 76 42, 687,579. 43 28,430, 864 . 21 56, 925, 807. 67 24,233, 797.82 95, 300, 672. 33 19,679,311. 16 33, 752, 431. 10 293,425, 450. 81 11, 278, 949. 52 146, 426, 628. 17 21. 535, 823. 82 '72,426,347. 98 I 24, 766, 381. 11 I 10, 602, 980. 92 28, 845, 936. 82 8, 1128. 971. 62 • 31,447,843.84 2,067,615,533.58 2,070, 121. 66.,. 95 I, 802, 179,033.85 I, 820, 218. 190. 17 1,711,637. ~Ii. 25 I, 717, i04, 397. i7 1,671,377.812. 55 1,689,299,010. 87 1, 707,126, 894.16 1, 735, 206, 765. 01 1, 750,511,591.21 1,814,364,419. 70 2 I I 724, 687, 501. 42 462, 792, 189. 60 9,418, 901, 395. 41 6, 975, 302, 522. 18 I • 88, 234, 905. 02 I I I • 6 • 703,117, 056. 117 1. 1114, a64. 419. 10 5, 160, 93!!, 102. 48 1, 814, 364. 419. 70 TOTAL, SEC. 6, RECONSTRUCTION FINANCE CORPORATION ACT, AB AMENDED 1932 $91, 601,057. 00 142,333,075. 00 228,771,667. 33 199, 450, 025. 39 3R'I, 254, 246. 63 167, 934, 7~. 59 125,136,437. 31 65, 352, 280. 71 59. 371,561. 73 73, 659, ,96. 72 81, 289, 967. 97 February __ -----·-------March ___________________ April. ____ --------·------May _____________________ lune ___ -----·-··-------July _________ ---··- _______ August. _______ ___________ September_·---·--------October- -------· --· -----November __ -----·------December------·-·------- 1, 623, 154, 844. 44 Total ___-·-·------1933 1anuary__________________ $70,868,417.52 121,477,890.49 155, 543, 323. 23 158, 983, 559. 12 298,276,816. 59 171, 149,931.86 142,233,029. 71 61,009,014. 16 120,353, 3eo. 16 39,367,417. 87 87,440, 3111. 93 $18,845. 00 8, 873, 88-1. 30 7,009,080. 50 16,440, 1'1:1. 23 48, 684, 900. 92 34,615, 181. 07 36, 232, 968. 30 44,903, 158. 06 47, 6113, 281. 73 27,177,436.04 29, 313, 534. 28 $70, 849, 572. 52 183, 453, 579. 71 331,987, 82'1. 44 414, 530, 6.'>I. 33 724, 122. 570. 00 800, &7, 3~. 79 967, &7, 382. :Ill 984. 663, 238. 30 1,057,453, 316. 73 1, 009, 643, 298. 56 . 1, 127, 770,126.21 I, 427,603,122. 64 2911, 832, 996. 43 1, 127, 770,126.21 February ___________ ______ March _________ -·-. ______ April------------··---·--May _____________________ June____________ __________ -·---- ---July ·- ________ August ____ _______________ September_----·--··----October --------·- ________ November_··--··-·-----December------··-·----_. 84, 182, 129. 23 209, 735, 830. 65 155,329,103. 10 100,478,161.30 111,232,351.82 120,001, 798. 76 133, 113, 288. 14 50, 602, 085. 60 38, 383, 943. 05 234, 808, 928. 52 133, 483, 731. 32 158,227,346. 69 75, 183, 421. 58 159, 688, 623, 62 122, 840, 052. 22 62, 658, 894, 98 135, 626, 841. 22 99, 193, 850. 52 95, 895, 674. 09 69, 438, 400. 13 25,086, 394. 18 37, 194, 685. 39 105, 441, 763. 45 168, 594, Ui8. 96 32, 308, 547. 15 35, 910, 843. 56 55, 687, 000. 79 40, 103, 726. 68 46, 258, 651. 69 94, 303, 490. 41 112, 777, 799. 45 72, 785, 680. 60 61,116,379. 75 69, 604, 729. 84 liO, 01e, 520. 06 63, 733, 126. 66 1,170,645,000.64 1, 294, 422, 680. 70 1, 361, 576, 732, 13 I, 384, 130, 901. 43 I, 473, 499, 090. 96 1, 478, 389, 451. 07 1,461,507,325. 71 1,458,160,051.24 1, 422, 130, 065. 67 1, 389, 820, 021. 22 1, 4-45, 245, 264. 61 1, MO, 106,296. 112 Total __ ·--·-------- I, 529, 578, 898. 18 1, 156, 842, 666. 34 734, 506, 495. 63 I, 550, 106,296.92 94, 111, 521. 99 50, 363, 984. 93 78, 519, 866. 38 66, 424, 379. 87 47,079,662. 68 I 216, 683, 435. 39 119, 658, 387. 83 51,261,401.56 17,583, 575. 76 50,594,695. 21 37,556,112.69 42, 730, 239. 15 84, 916, 603. 72 74, 601, 072. 02 80, 250, 211. 34 83,887, 390. 77 63,907,811. 67 56, 331, 107. 33 1,584,848,081.03 1,561,508,410. 57 1,498,841,774. 911 · 1, 4&, 549, 079. 43 1,439, 197, 3SO. 55 I, 425,596,512. 3T 1934 January ________ ···------February. __ --·····-----March_·---·- __ -··- ______ tr:r:::::::::::::::::::: June_·-------·······-··-Bee footnotes at end of table, Digitized by Goog Ie REPORT OF RECONSTRUCTION FINANCE CORPORATION 49 6.-Amount of authorizations, disbursements, repayments, and other reductions, and amount outstanding from Feb. !3, 1932, to Dec. 31, 1938, inclusive, by classes and months-Continued TABLE TOTAL, SEC. 6, RECONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED.Continued Year and month Amount of author ital ions 1 A mount of repay• Amount of disbursements ments and other reductions Amount out• standing at end of period 1934 July .....•.•.•.•••••..•••. August ......•..••••.••.•. Septernber _______________ October ...••............. Novernher. ______________ December ....••.......... $22, 638, 980. 82 108, 138, 1147. 63 13,437, 723. 10 41, 30'J, 217. 59 29, 053, 223. 77 59, 315, 665. 16 I $220. 497,277.29 25, 5"8, 367. 08 Total. .•....•.•.... 29, >,73, 546. 30 57, 25.'~. 598. 42 83, 967, 446. 31 '$315,413,979.06 81,175,178. 70 33,779,827.82 32, OM, 777. 38 48, 2\13, 9fi9. II • 75,914, 150. 66 $1,330,679,810.60 1,275, m1, 998. 9S 1, 2fi1, !H2, 966. 94 1, 258. \IU I, 735. 95 1,267. 8fo6, 365. 26 1,275, 91U, 660. 91 827, 076, 609. 31 756,339,443.47 I, 030, 526,079.48 1,275.910, 6fi0. 91 11. 565, f,67. 14 11,935.408. 87 15, 57:l, .179. 56 57,369, !l-10. 58 47, Go:!, H:l3. fi4 46, 93:l, fiUH. 63 37, .1\17, u:l8. 59 39,944, 83:l. 36 37, 2:ir,, 107. 44 39, li42, 030. 06 30, '82. 61.5. 06 33, 7!\7, OllJ. 27 30, 960, 7 46. 02 58, 65\l, 2i0. 45 1,153,201,880. 79 1,151,241, fi27. 51 1, l:ll, Ofi2, f~a. 28 1, 0\18, Slo, :!80. 84 I, 079, 16tl, 274. 45 1, 05S. 158,177.10 1, 028, :i@. 553. 21 ll'J\l, fi43, V88. 85 964. 470,349.83 19, 7fi9, 795. 78 1935 January .......••..•••.... February ••.••.......•.••. March .•................. April. •••.....••.......... May ..•.•..•..•.•...•.•.. June .•....•..•.•......... July .....•.•.•.....•.•.... August ....•....•••••..... September •.....•.••..•.. October .............•.•.. November ••.•.•..•...... December•..•............ 13,734,407.66 23, 123, 862. 45 12,600, 100. 00 10, 212, 94~. 47 10, 4tli, 664. 95 10. ,,74, 886. 48 7, 979, 725. 15 17,418,681.94 14,877, 791. 77 11. 448, 39\1. 06 2:l. 041, 158. r,5 37, \187, 5~0. 08 17,054,160.21 7,394. i25. 62 11, 231\, ,508. r,7 4, 2S3, 891. 47 3, u78, 3'lti. :is 2, 2:15, 181. 61\ 23, 485, 631. 43 Total. •••••.•.•.•.. 180, 461, 830. 98 174,443,104.84 48.5, 892. 415. 92 9fi4, 470,349.83 17,049,894. 79 5, 845, 842. 34 45, 590, [190. 37 7, 0t13, US9. 88 25, 29-1, 991. R2 1, 235, 968. 702. 27 1, 20:J, 241,660.40 1, l#i7, 757, 3H0. 83 1936 January .....•••....••.... February...••.•.•...•.••. March •.......•...•.•.... April ..•.••••.•..•...•.... May •••...•.•..•......•.. June._ •.....••••......•.. July .........• " •••••.•.••. August ........•...•••.••• September .•..•.•...•.•.. October ....•.......••.••. November .••••....•..•.. December •••••.••........ Total. •••••••••••.. I 4,797.977. 98 8, 76fi, 711. 17 109,430, 139. 36 26,122,916. Oi 22. 52,5, 313. 62 8. 310,139.58 2, 779, %7. 20 28,242,679. 87 3, 5%, 578. 21 11, 774, SW. 33 8, 442, 602. 55 I 2,721,697.33 6, 8S3, 435. 42 12,590,452. 21 11, 124, 092. 12 4, 180, 608. 06 16, 946, 451. 02 9, 785, 793. 42 5,974, 2.14. 27 15, Ofi2, S62. 03 4, 187, 208. 76 15, 762, 093. 27 41,852.145. 03 32. 070, 828. 48 60,016, 3f>f>. 67 18,441,445.66 20, 882, 492. 04 24, 134,628. 57 66,701,434.40 16. 038, 655. 17 19,922. f,39. 38 24, 08:l, 060. 27 25,017,433.84 22, 252, 042. 76 928, 464. 047. 14 905,154,929.83 852, 021, 998. 58 846. 171,005.13 836, 412, 605. 21 816,458, 584. 70 761\, 703, 601. 32 760, 450, 739. 57 746, 502, 334. 46 737,482, 136. 22 716,f,,11,911.14 710, 161,961.66 245, 794, 505. 89 117, 109,784.09 371,418, 172. 27 710,161,961.65 I 9, 035, 044. 36 3, 590, 733. 86 3,497,423.12 14, 635, 207. 45 30, 789, 770. 04 18. 332, 608. 88 3,026,879.86 6, 844, 086. 63 • 16,315, 759. 14 346,694.20 253,458.81 I 3, 848, 399. 99 4,146,582. 10 4,616,662. 24 5,481,114.51 10,361,963. 20 2,941,227.46 13,649, 128. 95 14,922, 131. 95 6,574,994. 30 11, 646, 355. 86 7,343,922.80 4,077, f,89, 07 14, 236, 835. 65 17,025,333. 56 12, a95, 128. oo 27,814,279.44 14,662,608.55 10,619,269.45 7,178.407. 61 15,267,848.47 9, 619, 376. 21 8, 466, 458. 80 9, 626. 864. 34 9,194,334.63 12, 285, 142. 01 697, 283, 210. 19 689,304,744.43 666,971,579. 50 662, 670, 934, 15 654, 992, 892. 16 661,463,613. 50 661, 117. 896. 98 658,073,515. fJ1 661. 2a3, 412. 13 658,970,470.59' 653, 853, 825. 03 655, 805, 518. 67 110, 516, 066. 34 99, 998, 608. 09 154,355,051.07 655, 805, 518. 67 23, 693, 569. 65 • 4,201,421.28 8,359,274.06 21,480,049.67 21,206,029.00 11,974,287. 79 50, 589, 578. 09 14, 492, 400. 00 16, 059, 412. 09 1,524,974.36 42, 909, 621. 95 23, 465, 687. 97 7, 353, 669. 73 10,243,474. 16 9, 439, 254. 72 4,448,914.18 30,406,159.39 8, 9i 5, 665. 48 10, 792, 441. 68 23,999, 212. 51 • 14,170,470.84 22, 034, 003. 37 14, 679, 961. 70 30, 840, 582. 50 7,993,791.28 13, 938, 584. 66 4, 969, 838. 43 6, 848, 134. 68 42, 115, 978. 50 8, 638, 992. 81 5,926, 171. 10 18,506,354.67 I 5, 110, 793. 27 4, 542, 653. 82 4. 224,875. 44 ' 10, 288, 921. 49 655,165,397.12 651,470,286.62 655, 939, 702. 91 653, 540, 482, 41 641, 830, 663. 30 642. 167. 335. 97 647,033,606.55 652, 526, 464. 39 681,586.141. 96 679,077,491.51 689,532,577. 77 710, 084, 238. 78 • 133, 105, 090. 15 710, 084, 238. 78 • 3, 209, 636, 300. 95 710, 084, 238. 78 1937 January •.•.•..•.••••.••.• February .•••.....•.•.•.. March ••.•..•.•••.•.•.... April. ..•••••••.•..••••... May ..................... June .•.••.....••.••....•. July ....•...•..•.••••.•... August .......•....•••.... September .•.•.•......... October ....•••...••.•.... November ............... December...•••.•••..••.. Total .............. I 1938 January ...•••••••••.•.... February ................. March .•..•.••..•.•••.... April. ••••.•.••••...••.•.. May ..••••.•••••••.•.•... June ...••••••••..•••.•... July ...•••••••••.••..•.... August. ....••••.•.•••..•. September •..••.•.•.•.•.. October ...•.••••..•.•.... November ............... December ..•.•.•.••..•... Total. •••.•••••.•.. 239, 956, 305. 91 Grand total.. ...... 4,756,539,061.05 I 187,383,810. 26 a. 919, no. 539. 73 I See footnotes at end or table. 136800-39--4 Digitized by Google 50 REPORT OF RECONSTRUCTION F'INANCE CORPORATION 6.-Amount of authorizations, disbursements, repayments, and other reductions, and amount outstanding from Feb. 2, 1932, to Dec. 31, 1938, inclusi11e, by classes and months-Continued TABLE BANKS AND TRUST COMPANIES (INCLUDING RECEIVERS, LIQUIDATING AGENTa, AND CON8EBVATORS) [Under sec. 5 of the Reconstruction Financd Corporation Act, as amended) Year and month Amount of authorizations 1 Amount of repayments and other reductions Amount or disbursements Amount outstanding at end or period 1932 February_._------------March. __________________ $44, 625, 300. 00 June _____________________ July ______________________ August. __________________ September ________ --- ____ October __________________ November _______________ December ________________ u:t-------------------- 108, 751, 135. 06 151. 953,931.93 113, 117,970.34 218. 911, 560. 56 97,265,633.42 87,776,078.12 29, 951, 680. 23 21, 727, 702. 58 23, 249, 644. 02 50, 756, 363. 83 $39, 546, 160. 52 85, 870, 980. 49 112,153,001.36 1()8, 042, 844. 29 150. 860, 147. 93 104, 165, 085. 80 77, 635, 909. 68 27, 292,650.02 80,746,257.61 20,349,217.99 42, 886, 401. 99 $18,845.00 7, 651, 531. 30 6, 889, 778. 45 12, 585, 480. 24 45, 346, 776. 63 28, 200, 745. 53 31, 301, 064. 49 40, 413, 591. 02 40, 309, 438. 66 22, 466, 223. 72 21, 056, 562. 10 318,467,351. !;T 423, 980, 722. 97 4911, 945, 063. 24 546, 279, 908. 43 633, 158, 967. 43 673, 595, 786. 38 671,478,780.65 593, 308, 620. 54 Total.. ____________ 948, 087, 000. 09 849, 548, 657. 68 256, 240, 037. 14 693, 308, 1W. 54 January __________________ February_________ ----- --March ___________________ ApriJ_____________________ ___ ------ --- ----- •. -May June. ____________________ July ______________________ August__ __________ . -- _--. September_ •••. __________ October ______ .. __________ November _______________ December ________________ 56, 133, 284. 40 132, 422, 465. 58 94,393,748.61 63, 489, 340. 88 55, 456, 202. 42 38, 949, 096. 07 100,595,536. 74 33,461,223.34 21,620,010. 53 103, 270,900.08 38,010, 766. 80 107, 706, 949. 71 43, 092, 790. 40 78, 112,411. 70 60, 600, 655. 93 22, 548, 591. 40 87, 797,700.34 11, 959, 738. 64 66,063,436. 74 52, 384, 893. 98 15,610,326. 79 15,030, 459. 24 50, 296, 831. 40 71,174,894.58 26,006, 313. 86 20, 679, 528. 77 40, 732, 996. 06 28, 405, 472. 95 37, 708, 101. 48 75,060, 201. 44 67, 834, 189. 96 35, 272, 674. 07 27, 477,571.07 30, 729, 084. 52 25,369,807.11 46, 087, 136. 80 610. 395,097.08 672, 292, 116. 80 656, 593, 491. 52 681,520,515.81 706, 608, 273. 5ll Total .. ____________ 845, 509, 525. 16 574, 662, 731. 14 461,363,078.09 706, 608, 273_ 511 52,309,508.13 40,076,199.06 49, 337, 638. 07 45, 952, 037. 64 32, 078, 280. 10 18, 702, 123. 90 18, 977, 204. 16 104. 604, 284. 66 10,003, 381. 85 13, 637, 901. 13 19,883, 278. 27 20, 71f1, 548. 53 52,170, 810. 41 38,806,076. 75 12, 679, 248. 46 19, 686, 455. 31 28, 441, 484. 52 25, 213,830. 72 19,854, 267. 78 21,715,413. 70 15,767,592.57 17,781,752.47 46, 896, 421. 99 59, 918, 878. 88 62, 776, 918. 811 48,884, 1511.47 51, 863, 303. 58 50, 273, 645. 69 42, 729,875. 83 41, 055, 248. 79 31, 902, 234. 38 24,887, 661. 83 23, 027, 902. 13 21, 762, 114. 00 32, 528, 540. 18 30, 986, 891. 61 426, 329, 385. 50 358, 932, 233. 56 462, 678, 296. 28 602, 862, 210. 87 8, 327, 367. 14 9,033,311.90 13, 996, 693. 99 9, 540, 215. 15 8,341,143.53 13, 559, 363. 52 8, 590, 100. 00 6, 239, 954. 82 7, 032, 553. 04 5, 931, 300. 39 9, 853, 149. 42 7,452,009.86 11, 987, 985. 80 9, 670, 568. 45 9, 104,891. 25 14, 632,530.99 9,860,357.64 11,045,814.38 5, 146,095. 75 9, 592,499.42 2, 024, 621. 30 2, 884, 590. 79 320,301.89 20, 291,243.60 42, 165, 976. 60 35,090, 775. 39 36, 498, 782. 11 29,099, 707. 49 29, 200, 968. 05 25, 482, 946. 86 27,378,947.02 22, 992, 066. 49 16, 105, 494. 46 19, 222, 508. 82 25, 277, 302. 87 27,000,463. 52 572, 684, 220. 07 547,264,013.13 519,870,122.27 505, 402, 945. 77 485, 972, 335. 211 471,535, 78 449, 302, 351. 51 435, 902, 784. 44 421,821,911.28 405, 483, 993. 25 380, 526, 992. 27 873,817, m.as 107, 897, 162. 76 106, 561, 501. 16 335, 605, 939. 68 873,817, m.as .January __________ -- -----9, 378, 229. 71 2, 706, 657. 34 February._-------------March ___________________ 8, 975, 920. 57 .Aprf)__ ___________________ 5, 700, 054. 09 May _____________________ 12, 520, 326. 14 .June _____________________ 6, 743, 139. 58 .July______ ------------ -- -2. 180 436. 95 See footnotes at end or table. 4,506,418.18 3 923,147.40 5, 233, 740. 93 4, 241, 577. 57 3,237,178.53 3, 022. 009. 09 3 767 184.83 26, 303, 745. 54 22,961,517.31 55,347,712.50 13, 577, 910. 68 12, 306, 867. 84 12,991,647.65 16 410 165. 82 352, ~ . 444. 911 832, 982, 075. 08 282,868, 103. 51 273, 531, TIO. tO 264, 462, 081. 09 2M, 492, 542. 53 Ml ,849, 561. 54 $39,627,315. 52 117,746,764.71 223, 009, 1187. ~ 1933 1934 January __________________ February .. -------------March ___________________ tfa~L~::::::::::::::::::: June _____________________ July ___________ -------- --August_ __________________ September. ______________ October __________________ November _______________ December________________ Total ______________ 1935 January __________________ February •• ______________ March ___________________ April__ ___ ------ ---------May _____________________ .June _____________________ .July ______ ----- -- --- -- --- August ___________________ September _______________ October __________________ ·November _______________ December________________ Total. _____________ 667,827,980.01 687, 695, 1139. 88 681,838,758.33 731, 928, 357. 19 668,827,894.39 667,047, 141. 17 684, 159,361.08 696, 002, 1116. 11 685, 924, 082. 39 646, 7(0,027.27 616, 152, 1136. 911 601,864.545.68 586, 023, 127. 61 573, 975, 161. 01 570,803,012.88 563, 642, 703. 32 569, 562, Ml. 79 573, 930, 223. $1 602, 862, 210. 87 m 1936 Digitized by Google REPORT OF RECO.NSTRFC'l'ION FINANCE CORPORATION 51 6.-Amount of authorizations, disbursements, repayments, and other reductions, and amount outsta11ding from Feb. 2, 1982, to Dec. 31, 1938, inclusive, by classes and months-Continued TABLE BANKS AND TRUST COMPANlll:S (INCLUDING RECEIVERS, LIQUIDATING AGENTS, AND CONSERVATORS)-Con. Amount. or authorizations Year and month 1 Amount of repayments anti other reductions Amount or disbursements Amount out• standin~ at end of period -----1936 August_ September .•• __________ ._ October. _________________ N'ovemher _______________ December________________ TotaL _____________ I $6, 883, 654. 88 3, 186, 42\l. 27 3,:lf>4.M7.51 2, fi/!Y, [,93. 28 I 1,605,044.37 $2,824.153. 74 3, :n2, 214. SJ fin. s28. 56 4,979,683.67 $11,918,852.75 13, :ms, !l85. 43 12, IKJ,5, f>46. i6 JO, 673,864.30 12, 936, 338. 37 65, 9:14, 053. 69 44,005,400.07 220,743,054.95 3, 685, 044. 36 2,474, W8. 48 862. 500.00 10,275,557.19 15, i,57, 025. 96 4,319, 722. 18 2,958,974. 28 11,315, 7!i9. 14 346, f.!14. 20 2/i:l, 4!iS. 81 • I, 483,812. 12 847,051.56 1,053,015.15 1, 98fi, U85. 36 1,131. 1,;;.00 358, :ns. 61 5o:J, 7\15. 73 10, 146, sn. 01 2, i48, S78. 94 1, 32.5, iiO. 33 2,259,974.91 207, 1ii. 27 9, 125, 91'.!8. 66 JO, OM, 908. 34 7,762,931. 79 8, 172, 603. 46 6,412,338.38 5, 8.55, 272. 37 3,730, iUIJ.06 6, U14, 959. 69 4,887,078. 75 4, :m2, 860. 97 4, 4112, 807. 28 4, 773, 8!i2. 76 8, 778, i46. 51 187,862. 200. 69 181, 152,:l44.05 174,966,725.95 IR9, 6&5, 545. 57 164,188,611.81 160,961,698.48 lf,4, 193,561.80 lf.2, 055, 361. 99 1.59, 018, 271. 35 156,875, 4:l8. 98 l!i2. 308,757.49 152, 655, 999. 64 43, 900, 333. 35 31,694,951.53 76,119,069.36 1,52, 655,999.64 4,372, 795. 19 3,:i:io, 1M. 12 2,771,188.53 2, f>78, 135. 09 7. 86:J, 790. 13 2,447,975.23 2, 82,\ 330. 62 2, 76!i, 578. 50 I 2,462,507.90 2,544,489. 51 2, 456, 110. 86 1 4,288,094.64 149,359,514. 61 146,124,160.49 143,674,281.95 141,465,658.11 135,784,559.44 13.1, 613,267.66 132, 072, 361. 77 129,706,583.27 127,468,375.37 I 26,883, 688. 31 124,427,577.45 121,610,956. 75 1937 January __________________ February_. ______________ March .. _________________ •pril _____________________ May _____________________ June _____________________ July ______________________ August ___________________ September _______________ October ... _______________ November _______________ December________________ I lfi6, 7Sfi.fi.1 I TotaL _ ----- _-----1938 January __________________ February ________________ March_. _________________ April__ ___________________ May _____________________ June _____________________ July ______________________ Au1n1st __________________ . September _______________ October. ________________ November _______________ December ________ ----- --TotaL _____________ I Grand totaL _______ 452,606.66 1, 197, 8-19. 61 1,402, 707. 16 4, ,556, f>.57. 76 2,513.469. 00 3,094,800.00 8!19, 578. 09 I, 474,400.00 45,000.00 I, 1!14, !O(l.00 n6, 100.00 1,943, 68i. 97 4, 2.1s. io2. 74 1,076,310.16 94,800.00 321,309.99 469, 51 I. 25 2, 182,f>nl. 46 276, f;,J. 45 1,284,424. 73 3\l'J, 81ttl. ()() 224, 3!KJ. 00 I, 959,802. 45- -------------------1,471,473.94 19,511,556. 25 9, 761, 107. 43 2,457,169,016.80 1,975,166,582.57 I $232. 754,862. 53 222, 778, 091. 93 2l!i.fll7,807.91 2or,. o:Jf\ 772. I 7 197,080,117.47 I 197,080,117.47 • 40, 806, 150. 32 121,610,956. 75 • 1,853,555,625.82 121,610,956. 75 BUILDING AND LOAN ASSOCIATIONS (INCLUDING RECEIVERS) [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] 1932 March __________ ------ -- _ April._ _______ - - - --- -----\fay_ ________________ -- - - - ------ - - ------June. ---July _____________________ _ August_ ____________ -----_ September _______ . --- .. -October .. ________ -----. -N"ovember _________ -----Dec-ember _______________ _ $4,879,750.00 19, 106, 0&1. 40 13,011,800.00 15,417,200.00 15,314, MO. 03 12, 543, 600. 00 7, 29.5, 705. 00 3, 7,50, 500. 00 3,391,532.00 4,985,274.32 Total_ - ------------ 99, 696,044. 75 $2,430,500.00 10, 170, 181\. 68 19,624,016. 39 9,823,631.19 16,577,471.48 12, 180, 06.1. 17 9,435, I 15. 28 5,080. 9.54. 91 3,830,807.59 4, 710, 367. 98 -------------------$58, f>42. 06 4119, 878. 87 5.15, 840. 65 I, 205,474.10 1,561,404.87 1, 25:l, 188. 31 1,376,330.52 1,618,781.05 1, 596, 899. 64 $2,430.500. 00 12• .542, 044, 62 31, 756,182.14 41, 043, 972. 68 56,415.970. 06 67,034,628.36 75,216,555.33 78,921, 179. 72 81, 133,206.26 84, 246, 674. 60 9,616,440.07 84,246,674.60 1--------1-- 93, 863, 114. 67 1=======1=======1=======1====== 1933 January __________ -------February _______________ _ March _________ ---------el.priL_ _________________ -\lay ____________________ _ June ____________________ July ---- - - - - - - - - -- -- - - - - - Au~ust _________ -- -- ---- - See footnotes at end of table. 4,294,724.89 2, 849. 5.59. 28 3,219,307.24 1,691,000.00 I, 841. 231. 87 l, 804,847. 24 266,781.25 892,449.04 3,412,672.47 4,093,224.60 1, 697, 279. 66 2, 37 5, 2.15, 24 I, 888, !JflR 45 ], 741,824.86 724,147.01 1,114,230.35 2, 288, 507. 52 2, 080, 44:;_ 27 2, 60G, 799. 34 4,017,879.50 3, 13.5, 193. 43 3, 4:Jfi, ~21. 04 2, 476, 046. 91 3, 197, 886. 04 Digitized by 85, 370, 839. 55 87,383.618. 88 86,474,099.20 84,831,474.94 83. 585, 249. 96 81. 890. 251. 78 80, 138, ~5 I. S8 78,054, 696. 19 Google 52 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repayments, and other reductions, and amount outstanding from Feb. 2, 1932, to Dec. 91, 1938, inclusive, by classes and months-Continued TABLE BUILDING AND LOAN ABSOCIATIONB (INCLUDING RECEIVIIBS)-Contlnued Year and month September.•.••...•.•••.. October .....•...•..••••.• November_ ..••.......... Deeernber...•...........• Amount of authorizations 1 Amount of disbursements Amount or repay. ments and other reductions Amount outstanding at end of period $281,490.54 2, 096, 0->9. 51 443. 016. 68 2,135,000.00 $321,417.65 531, 340. 92 272,414.58 1,014,664.29 $3, 133, 402. 11 4,355, 972. 33 3, 523, 903. 39 2, 943, 778. 21 $75,242. 711. 73 71,418.080. 32 68. 166,591.51 66,237,477.59 21,815,467.54 19,187,440.08 37,196,637.09 66,237,477.59 1934 January.................. 17,606.85 924,203.45 February................ 80,000.00 43,161.85 March................... 64,000.00 71,317.92 April..................... 265,000.00 42,815.10 May..................... 311. 000. 00 258,219.08 June..................... 500,000.00 30,551.50 July...................... ...•.••......•...•.. 500,000.00 August .......•.•......•.......••.........•....•••..•..•........• September ••.........•..........•.•.. _........•.•••.............. October.................. 65,000.00 51,268.89 November .•••..•.•.•.•.•.....................•.•.•.....•••••...• December................ 20,787,069.21 .••..•.......••.•... 4, 342, 150. 30 3,310,550.16 4, 398, 506. 81 5, 298, 844. 38 5,742,590.91 4,687,223.31 4, 149, 354. 04 5, 624, 805. 42 2, 894, 139. 99 3, 141,577.38 2, 045, 412. 92 2, 605, 830. 28 62, 819, 530. 74 59, 552, 142. 43 55, 224, 953. 54 49, 968, 924. 26 44, 484. 552. 43 39, 827, 880. 62 36, 178, 526. 58 30, 553, 721. 16 27,659,581.17 24, 569, 272. 68 22, 523, 859. 76 19,918,029.48 48, 240, 985. 90 19,918,029.48 Total. •.•....••.•.. 1 - - - - - - -1 - - - - - - - - 1 - - - - - - - - 1 Total. •.•••••.•.•.. 21,814,676.06 I, 921,537. 79 l=======l=======I====== 1935 January.................. 500,000.00 .•.•..•.....•••••.•• February................ 80. 000. 00 ......•..•.•........ March................... 8,524.90 77,275.00 April..................... 20. 000. 00 May..................... 100. 000. 00 8. 524. 90 June..................... 750,000.00 365,484.23 July...................... 220,000.00 081, 330. 94 August................... ...••......•........ 25,787.85 September ••..•......••...•...•..................•..••••......... October ...•..•...••..•••..•...•••...•..••.......•.•.•.•••......•. November ••••..•••••.•.•.•.•.•...•.•..•..•....•..•.•............ December.................................... 10,755.04 Total._ ••.•••.•••.. I, 678, 524. 90 1,469,157.96 1936 January.................. 165,000.00 ······-············· February................ 150,000.00 64,929.52 March .••.•••••.•.•••••....•••.••••.•.........•.•.••....•.•••••.. April..................... 43,850.00 ...•••.•••....••••.. May..................... .................... 17,000.00 June ••.•....•.•...•...•..•..•..••••...•.•••..••••.••••....•.••••. July .•....••.•..•.••••••.•...•.•..•••••••..•....••.•.•.•.•.•••.•.. August ....•..•.•••.••.••..•.•.....•...........•...•...•.••..•.•.. September............... 37,000.00 ................... . October ..•••••..•••••••••••....•••••••••••....•••.•.•.•.•.......• November............... ..•....••••••••••.•. 36,000.00 December..••.•••.•••..••.•......••••••.•••..••••.•.•....•••••••. Total ............. . 395,850.00 117,929.52 4, 471, 437. 35 2, 044, 580. 75 1, 370, 165. 85 946,256.62 895,561.51 907,140.69 513,415, 39 1,047, 611. 32 271,713.60 600,889.73 500,038.52 543,900.85 15, 446, 592. 13 13,402,011.38 12, 109,120.53 11, 162,863.91 10,275,827.30 9, 734, 170. 84 10, 202, 086. 39 9, 180, 262. 92 8, 908. 549. 32 8,307,659.59 7,807,621.07 7,274,475.26 14, 112, 712. 18 7,274,475. ?6 575,799.92 735,893.57 470,564.57 363,257.33 292,124.30 931,066.80 189,020.27 167,552. M 286,587.06 449,257.46 233,743.65 235,349.72 6, 698, 675. 34 6,027,711.29 5, 557, 146. 72 5, 193, 889. 39 4, 918, 765. 09 3, 987, 698. 29 3, 798, 678. 02 3,631,125.48 3, 344, 638. 42 2, 895, 28()_ 96 2, 697, 637. 31 2, 462, 187. 59 4,930,217. Ill 2,462,187.59 I = = = = = = l======l======l,==s=,-===== 1937 January..••••••••.•.•.•••.••••••.•••••••••••..•••.•..•••••••.•••. February •.••.•••••.•••••..•••••.•.••.•...•...••••••.•••••••••.•• March................... 321,017.03 ••.•.•••...•.....•.• April..................... 917,276.92 283,384. 70 May..................... 2,864.82 •••.•••••.......••.• June..................... 602,209.58 159,759.82 July...................... .....••....•..••••.. 3,570.80 August .•....•••••••.......•.•.•.•.••...••.••.•••••••••••••..••••• September •••••.•••••.•••••.•.•.••••.••.•••••••••.•.•••.•••.•...• October .....•••••••.•••...•...•.•.•••••••.•••••.•••.•.•••••.••... November .••.•.•••.•........••.•.....•.........•••.........••.•• December................ 400,000.00 633,325.80 Total ••••••••••••.. 2, 243, 369. 25 980,041.12 104,132.54 161,505.88 107,000.90 137,151. 75 174,497.58 167,251.89 107,755.35 85,486.62 58,797.29 91,672.93 72,703.76 71,426.80 2, 358, 055. 05 2,196,549.17 2, 089, 548. 27 2, 235, 781. 22 2,061, 283_ 64 2, 053, 79 L 57 1,949, 607_ 02 1, 864, 120. 40 1, 805, 323. 11 1,713,650. 18 1, 640, 946. 42 2, 102, 845. 42 1, 339, 383. 29 2, 10'1, 845. 42 Bee footnotes at end of table, Digitized by Google REPORT OF RECONSTRUCTION FINANCE CORPORATION 53 6.-Amount of authorizations, disbursements, repayments, and other reductions, and amount outstanding from Feb. 2, 1932, to Dec. 31, 1938, inclusive, by classes and months-Continued TABLE BUILDINO AND LOAN ASSOCIATIONS (INCLUDING RBCEIVERS)-Continued Amount of authorizations • Year and moo th Amount of repay• ments and other reductions Amount of disbursements 1938 $1,500. 00 ••••••••..•.•...•... Isnuary.................. 1395, 631. 25 February................ . •.••••.•........... 198,266.00 ....•.••••••••••.••• March................... 1,500.00 ..••••.••.••••.•.... April................ ..... 174,905. 72 600,000.00 May..................... June •.•••.•••••••••..•••...•.•...•..............••.••••.•........ 90,000.00 .................. .. July...................... 24,835. 69 August................................... .... 405,000.P.O ..••....••• •......•• September............... ,5, 000. CO •••••••••••••••••••• October.................. 4,370,000.00 ••••..•••••••.••••.. November............... 300,000.00 ....• •.••••••••..... December.......... . ... .. Total .•••.••••••••. Grand total. •..•••. 6, 041, 266. 90 $59,777.63 66,888.61 49,153.26 71,729. 44 49,307.48 88. 303. 43 70,307.83 48,803. 27 I C.7, 733. 25 33,676. 66 63, 393. 86 • 53, 868. 60 595, 272. 66 I======= l=======I 153,685,199.40 us, 134, 493.80 Amount out• standing at end ol period $2,043,067. 79 2,371,710.43 2,322,557.17 2,250,827. 73 2, 37fi, 425. 97 2, 288, 122. 54 2,217,814. 71 2, 193, 847. 13 2, 126, 113. 88 2,092.437. 22 2, 029, 043. 36 1, 975, 174. 76 • 722, 943. 32 1-----1, 975, I 74. 76 • ll6, 159,319.04 1,975, 174. 76 INSURANCB COMPANIES [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] 1932 March..... .. ...... ...... April......... . .. ..... .... May...... ... .... . ...... . June.................. ... July...................... August............... .... September. . ............. October ..... ......... .. .. November............... December.............. .. $7,080,000. 00 9, 7Z'l., 000. 00 7,543,000. 00 39, 120, f.00. 00 3,833,500.00 4,523, 700.00 3,370, .100. 00 I, 209, 000. 00 2, I.II, 000. 00 4,495,731.66 $6,635,020.00 4,141 ,250.00 8,514,225. 00 26, 719,243.83 4,069,749. 49 4, 661,210.41 4, 691,720.37 I, 625, 444. 01 I , 66.1, 828. 78 5,313, 02,. 03 $74,400.00 17,991.37 378,115.24 99,965.64 409,1 11.04 2'J6, 009. 69 924,791.50 9fA, 884. 50 695,473.62 1, 727, 995. 92 10, 684, 778. 63 18, 820, 888. 39 45, 440, 166. 58 49, 100,805.03 53, 4f>6. 005. 75 57,232,934.62 57,893. 494. 13 58, 863, 849. 29 62, 448, 880. 40 83,048,931.66 68,037, fi!S. 92 5, 588, 738. 52 62, 448, 880. 40 December··············· 1,214,500.00 1,236,500.00 7,328, 131. 07 1, 624, 000. 00 l, 286, 322. 94 2,074, 381.84 330,100. 00 650,000.00 545,000.00 300,000. 00 541,000.00 350,000.00 976, 151.99 407,252.19 9,514, 589.21 1,678,000.00 2, 2,56, 149. 25 047, 098. 39 964, 4i6. 50 1, 238,304. 75 5.'l.1. 000.00 382,000.00 355,888.94 389,503.38 522,669.22 249, 134. 17 315,230.93 1, 4,13, 255. 23 91\0, 955. 02 4,627,689.07 3, 040, 046. 40 I, 019, 754. 86 1, 032, 068.17 702,3 10.55 2, 858, 270. 26 4,382,351. 13 62, 902, 363. 17 63, 060, 481. 19 72,259,839.47 72,484,584 . 24 73, 779, 7i8. 47 70,099, 187. 79 68, 023, 617. 89 68,242. 167. 78 67,745, 099.61 67. 424, 780.06 64,922,407. 74 60, 929, 559. 99 Total ... . ......... . 17,479,935.85 19, 644, 414. 60 21, 163, 735. 01 60, 929, 559. 99 Total. •• •••••.••• •. 1933 1--------1--------1--------1·- $6,561,520.00 l=======I January ................. . ~~:~ ............... . ::: :::: :::::::: i~rusi:::: September •.••.••••...... ~~~~1>e.= ·· ........... -- Total.............. 2,254,690. 77 l=======I= I, 835,829.93 4,897,081.31 2,878,747.39 3, 224, 029. 44 13, 323, 826. 10 2,857,802.42 835,205.22 2, 039, 300. 98 1, 160, 799. 19 831, 3.li. 84 864,938.90 602, 486. 82 4,504,357.43 66, 269, 904. 48 54, o,,9, 2c,1. 22 51,554,331. 78 38, 2ii0, BOO. 82 35, 398, 503. 26 34, -163, 298. 04 32, 523, 997. 06 31,363,197.87 30, 532, 240. 03 29,852, 301. 13 29,249,814.31 24,745,456.88 38, 019,933.04 24,745,456.88 See footnotes at end or table. Digitized by Google 54 REPORT OF RECONS'l.'RUCTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repayments, and other reductions, and amount outstanding from Feb. 2, 1932, t-0 Dec. 31, 1938, inclusive, by classes and months-Continued TABLE INSURANCE COKPANIES-Contlnued Year and month Amount of authorizations 1 Amount or disbursements 1935 1anuary....••.....•.•...................•......••••••.........•.. February................ $2,300.00 $1,631.31 March .......•............................•...•.•...••..•.•.....• April ..•....••........•....•...•.•...........•...•.••••••.•..•.... May..................... 65,000.00 ...•••...•••••••.•.. June .•..........•.........•...............•.....•.•.•.•••••.•.••• July ••......•...•...•.....•...................•...•.•.•••••.•.... August. ...•.•..••....••...........•....................••••...•.. September .•....................................•.•••..••.•...... October .....••...•........•...................•••...•.....•...... November •••.••..........•...........••.••...•••.•.•.•••..•..... December...•.•........................•.........••.......•...... Amount or repayments and other reductions Amount out• standing at end of period 801,232.98 1,316,319. 76 639, 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, 541. 51 17,137,350.94 9, 967,492, 24 9. 344, 347. 03 6, 185, 586. 28 18, 561, 501. 91 6,185,586.28 125,180.07 105,149.96 640,205.39 26,790.54 73,795.80 134,458.84 109,835.01 440,534.92 161,944. « 126,539.00 126,182.90 6, 060, 406. 21 5, ~ 52, 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 •• 421,387.65 4, 259, 443. 21 4, 132, 904. 21 4,006, 721.31 156,000.00 ··········-··•··•••· 2, 178, 864. 97 4, 006, 721. 31 1937 January.................. .•.•••••.•.•.•••.... 130,921.66 February................ .•..•••....••..•..•• 25,000.00 March ...•••..••••••.•••....••••••..•••••.•...•••••••••.•••••••.. April ........•...••..•••.....•.•••.•.••••..•...•.•.•••••••••••••.. May •...........•.•••.•••..••.•••••••••••••••.•••.•.••••••••••••• June ............•.•.•.••...••••••••.•••...•.•...•...••••••••••••• July ........ ····•··-·•··· ·····••••··•·••••••· .••••••••••••••••••. August ......•...•.•.•••••...••••••..•••••.•.........•.•••.••••••. September .•...••.••••••..•...•.•••.••••......•.••••••••••••••••• October ..•••.•.•..•.••••..•.••••••.•••••••••..•...•.•••••••••••.. November .••...•.•••.••.•••••••••..•.••.••...•...•••••••••••.... December••••.••..••••••..•.•.•.••..•.•...•....•••.••••.•••••.••. 160, Hl.22 77,711.91 62,286.64 19,886.42 23,215.06 116,911.30 23,273.49 104,341.25 196,232.78 16,375.09 407,4i8.65 163. 967. 54 3, 977, 501. 75 3, 924, i89. 84 3, 862, 503. 20 3, 842, 616. 78 3, 819,401. 72 3,702,490.42 3, 679, 216. 93 3,574,875.68 3, 378, 642. 00 3, 362, 267. 81 2, 954, 789. 16 2. 790, 821. 62 1,371,821. 35 2, 790, 821. 62 33,824.91 175,144.94 21,614.32 13,735.48 15,616.68 18,524. 75 4,298.75 lff, 147. 57 I 28, 783. 10 21,578.66 450,865.35 • 11,275.60 2, 756, 996. 71 2,581,851. 77 2, 560. 237. 45 2, 546, 501. 97 3,548,678.68 3, 530, 153. 93 3, 525, 855. 18 3, 509, 707. 61 3, 480, 924. 51 3, 459, 345. 85 3, 008, 480. 50 2, 997, 204. 90 Total. •.•.•.•.....• 67,300.00 1,631.31 1936 January .....•.•.••...•......•••.•••.•••••••.•.•.•...•••.•.•...... February .•••••.•.....•.....••.••.....•••.•...•......•.......•... March .....••.•...•...........•.•.......••...........•.••........ u;~L::: ::::: :::: :: ::::: : :: :::: :: :::::::: :::: :: :: ::::::::: ::::::: June .•.....••.•.....•.•.......•...•...•...•...........•.......•.. July ........••.•.•.....•....••...•.•.•...•••...........•........•. August ...••...•.•..•..••..........•..•.•..•...........•.......... September .......••....•......•.........•.•...........•...•...•.. October ...•••••.•...•.•...•....••.•..••••••...........•.•••.•••.. November ..•.•.•....••...•...•.•..............•......•.•.•••••.. December................ 156,000.00 .........•.•.•..•••• Total. •••••••.•.••. Total. •••••••••••...•••.•...........•.. 155,921.66 1938 January •.•••.••••.•.•••...•••.•.•.....•.••...••••••••.•.•••...••. February ...•••••.•.•....•••••..•.••.••.••....•••••......•••••••. March .••....••••.•.•.••....•••...............•••••.....•........ M>;j::::::::::::::::::::: .......~~~~.~~~~~~. ·······i:oi1;10a:ae· June .••••••..••••...•••.....•.•.....•••.••.....••......••........ July ..•.•.••.••••••.••••.••••.•••...••.•.•..•..•........•..•...•.. August ....•..••......••..••••.........•.....•..••.....•...••..... September •...............•.....•.....•......••.•........•••....• October ..........•....•...•....................••.....•.•.....••. November............... 400,000.00 ...•........•....... December.•.••...•..••••..••...••...............•.......•........ Total.............. Grand total........ $792,205.65 1, 428, 663. 61 M7,_264. 63 208. 248.10 1,432,891.91 1,017,793.39 • 811,410. 11 2, 997, 204. 90 104,439, 750. 19 90,693,209.81 • 87, 696, 004. 91 2, 997, 204. 00 1=======1=======1=======1, Se•~ footnotes at end of table. Digitized by Google REPORT OF RECON STRUCTION FINANCE CORPORATION 55 6.- Amount of mithori zat.ions, disbursements, repayments, and other reductions, and amount outstandin g from Feb. 2, 1932, to Dec. 31, 1938, inclusive, by classes and months-Conti nued TAB LE MORTGAGE LOAN COMPANIES [Under sec. 5 of the R econstruction Finance Corpora tion Act, as amended ] Year and month Amount or authorizations 1 Amount of repaymeats and other reductions Amount or disbursements Amount outstanding at end of period 1932 $6, 517, 000. 00 Iune . . .•. •• -···----- - - · -1ulY- -- -·- · -- - -- ----- - --AugUSL-------------··-Sentember . ___ ___________ October __________ ___ ____. November . ________ ______ December._ . _____________ 7, 510, 000. 00 2, 968, 000. 00 57, 700, 000. 00 7, 119,000.00 1,092,000.00 960,000.00 4, 400, 000. 00 3, 805, 800. 00 2,005, 102.61 $1,277,000.00 7,857,925. 08 5, 327,732.43 53, 089, 756. 80 7,783,487.32 3. 184,891. 92 3, 060, 205. 21 3, 222, 581. 36 2, 095, 220. 34 2, 836, 622. 27 Total__ __ _. ____ ___ _ 95, 066, 002. 61 1une __ ___ ____ ___ . ________ ]uly __ _____ ____ __________ AugUSt ____ __ __ ___________ September_ __ __________ __ October ____ _____________ _ November ___ ___________ . December. ___ _________ . __ 3, 262, 000. 00 31,658, 133. 96 8, 958, 300. 00 1,343,000.00 5, 365, 082. 99 49,405, 143. 93 8. 319,811.03 5, i76, 400, 00 6,567,630. 84 00, 716,370. 00 13, 767, 638. 62 13,374,509.06 TotaL ___ · - __ . _____ 238,514,020. 43 ----------$38, ---------159.93 209,644.67 353,976.95 1, 550, 425. 82 I. 426, 871.85 1,470,665.63 2, 026, 861. 11 1,317, 632. 34 2,937,373.12 $1, 277, 000.00 9, 096, 765. 15 14,21 4,852. 91 60, 950, 632. 76 73, 183, 694. 26 74, 941,714.33 76,531,253. 91 77, 726, 974. 16 78, 504, 562. 16 78,403,8 11.31 89,735,422. 73 11,33 1,61 1.42 78, 403.811. 31 4,160,085. 40 32,031,442. 60 6, 608, 125. 25 1, 885,470. 92 877,724. 48 46, 272,567. 68 1, 432. 403. 59 7,166,816.45 1,262,939.98 4, 155,303. 46 5, 160,440.27 19,060,168.51 1, 703,741.98 1,688,703.60 767, 253. 20 3, 598, 583. 68 950,941.69 I , 025, 662. 24 1,883,655. 71 3, 821, 723, 36 2, 345, 636. 56 4,860,377, 19 1,607, 49 1. 28 I, 485, 883. 94 80, 860, 154. 73 11 1, 202. 893. 73 11 7, 043, 765. 78 115, 330, 653. 02 115, 257,435.81 160,504,34 1. 25 160, 053,089, 13 163, 398, 182, 22 162, 315, 485.64 161,604, 411.91 165, 097,360.00 182,671,645. 47 130,073.488. 59 25, 805, 654. 43 182,671 ,645, 47 4,216, 731. 72 3, 169, 528, 92 25,639,874. 92 JO, 719,596. 60 12,236,091.48 2, 860, 043. 60 1,628,500. 00 3, 184, 092. 28 2,857,012.00 5, 923, 069. 24 5, 926, 363. 52 5. 750,047.42 5, 791, 110. 00 I, 016, 365. 20 759,553.54 29, 730, 725. 71 8,595, 143. 62 5, 599, 873. 49 4,631 , 301. 12 2,807,894. 17 2, 820, 449. 99 I, 925,475.40 1,229,005.15 8, 530, 509. 02 4, 767, 294.35 12, 731, 140, 35 7,075,288. 95 3,476,926. 16 5, 323, 203. 94 4,952,270. 77 12,062,544. 72 25, 769,479. 82 4, 136,814.95 3, 322, 476. 27 4, 425, 695. 13 4,465,620. OJ 183, 695, 461. 12 171,980,685. 97 165, 664, 950. 56 191,918, 750. 11 195, I 00, 689. 71> I 95, 83'1, 292. 51 188, 407, 048. 91 165, 445. 463. 26 164, 129,098.30 162,732, (197. 43 159,536,307. 45 163, 601,196.46 84, 110, 95 1. 76 73, 438, 306. 41 92, 508, 755. 42 163,601, 196. 46 1anuary._. ____. ____ .. __ . _ February _____ . _______ ... March. · ---- -- - --- - -----· Anril.. ____ ____ __· -------· ~fay _. ___ _____ ____ _______ 1nae.·- -·- -- - ---· -------1uly __·- ----- -- - - --·----Augnst. ______ ____ ______ . _ Se ptember ___________ . ___ 0 ctober _____ ____________ . November _____________ -· December __________ ___ ·- _ 2, 678, 400. 00 2, 808, 796. 97 I, 527,600.00 I, 008, 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. OJ 1,660,232.81 1,119,327.56 9 21,575.39 1, 524, 471. 30 1, 000, 598. 93 I, 600,621.40 2. 236, 173.17 I, 093, 795. 59 1,839,879. 77 2, 370, 145. 14 6, 737, 100. 60 6, 072, 492. 05 5,216,460. 93 3, 776, 4 75. 42 3, 538, 393. 81 2, 448, 821.21 6. 787, 508. 4.4 5, 364. 812. &8 6,304,030. 18 1,806, 105, 40 2,391, 770, 75 5, 5i3, 345. 93 159,617,292.00 158, 489, 391. 96 154,939, 163. 84 152,282,015. 98 149,665,197.56 148,740,847.65 142,953,938. 14 139, 189, 746. 66 135, 121, &89. 65 134, 409. 579, 84 133, 857, 688. 86 130, 654, 488. 07 Total ___ _________ __ 30, 776, 768. 77 23, 070, 609. 21 56, 017.317. 60 130, 654, 488. 07 March-- -··-·----·----·- · u:~1...··············-··· 1933 1anuary _____ _____________ February ________________ March ____ . ______________ U:t:::::::::::::::::::: 1934 1anuary ___________ _______ February ____ ____ _______ . March_· --- _____ ____ _---· riL ___ ___ _____________ ay ____ _______ _____ _____ une. ___ ________ ____ ____ . 1 1WY--- -------ugnsL . ________· -------· _______ _ A Septem ber ___ ____ ________ 0 ctober_ ___ ·- -- -- _______ . November ___ _______ _____ December . ___ . _______ · - __ tr. TotaL ___ -· ________ 1935 See footnotes at end ot table. Digitized by Google 56 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repayments, and other reductions, and amount outstanding from Feb. 2, 1932, to Dec. 31, 1938, inclusive, by classes and months-Continued TABLE MOBTOAOB LOAN COJlPANIBs-Contlnued Year and month Amount of authorizations t Amount of disbursements Amount of repayments and other reductions Amount outstanding at end of period 1936 January....••.•..••...•.. February ...•........•.•. March .•..•.............. ApriL .•......•.•........ May .....•...........•... June ..............•...... July .......•.......•••.... August .......•..••.•.••.. September ......•...••... October...•.•••...•...... November ...••.......... December..........•.••.. $206, 665. 08 1,941, 320. 64 1. 031.818. 79 4, 2.30, 344. 98 9,879.987. 48 1, 558. 000. 00 149,530.25 13, 181, 824. 99 373. 148. 94 7,170,031.82 6, 153. 009. 27 850,652.96 $1, 283, 674. 16 910,134.25 1, 649, 694. 49 2,419.874. 64 4, 815, 285. 36 1,064.598. 97 4,606,599.19 6, 811, 639. 68 1, 840, 819. 44 2, 634, 599. 29 2, 510, 380. 20 9, 27 3. 009. 60 $2,525,409. 39 2, 28/i, 284. 41 2, 503. 056. 74 1,901,814.49 3,442, 217. Ob 4, 784, 399. 26 2,780,544.50 2,145,681.04 2, 483, 443. 3!! 3,397,321. 3C 3, 523, 894. 83 6, 727, 368. 34 $129,412,762.84 128. 037, 602. 68 127, 184,240.43 127, 702. 300. 68 129,075,368.89 125. 356, 568. 60 127,181,623. 29 131, 84 7, 581. 93 131,204,957. 99 130, 442, 235. 98 1211. 428,, 21. 35 132,975,272.61 Total. •.••..•••••.. 45, 726, 335. 20 39, 821, 209. 27 37,500,424. 73 132, 975, 272. 61 29.5, 000. 00 January ......•..•.•..•... February ..••.........•.. 1, 115, 735. 38 March ...•...••.•........ 1,907,177.91 April.. .........•...•..... 3,442,373. 34 May .....•...........•... 5, 029, 879. 26 June ..........••......•.. 13, 39S, 677. 12 July ...................... 67,905.58 Augu.,t. ....•...........•. 1,675,000.00 September •••.........••. 15,000,000. 00 October.................. - ----------------- -November .•............. -------------------December •....•......•... 1, 484, 687. 87 3, 166, 608. 88 3,538,647.09 3,141.166. 30 2, 979. 601. 85 2. 555, 082. 89 2, 98b, 573. 40 4, 756, 738. 14 3. 826, 115. 36 5, 306, 521. 62 6,023,947.89 3,870.517. 80 4, r.77,521.19 4,064,666. 08 3, 833. 035. 91 6,691,720.96 7, 350,040. 05 3, 00·1, 348. 58 2,372,443.81 6, 590, 503. 30 4, 0.52, 643. 09 3,025,413. 90 4. 409, 215. 91 2,851, 143. 26 2, 445, 074. 46 132. 077, 215. 41 131, 782, 826. 59 128, 232. 271. 93 123. 861,833. 73 122, 449,068.04 123. 062. 697. 63 122. 228. 932. 47 122, 002. 404. 74 124,283,512.46 124, 898, 244. 44 125, 9i7, 618. 98 128, 050, 065. 71 43, 413, 336. 46 45, 728,042.41 60, 653, 249. 31 128, 050, 065. 71 15,439, 462. 99 353,671.67 3, 217, 3b9. 57 3. 994, 149. 45 2, 352, 708. 27 2, 701, 102. 93 4. 774. 268. 82 3, 323, 944. 28 4, 568, 016. 95 6,587,576.82 9,019,814. 73 13. 326, 200. 92 12, 665, 381. 70 17,091,506.90 2,667,190.81 6, 372, 807. 99 1, 734, 312. 15 2, 779, 46b. 21 33, 299, 110. 61 3. 304, 810. 35 2,681,616.46 10, 533, 243. 06 I 2, 102, 801. '/4 I, 789, 163. 24 990,641.59 ' 2, 205, 951. 08 128, 600, 234. 47 126, 221. 575. 93 126, R39, 972. 0,5 126, i61, r-09_ 77 98. 236. 767. 98 98, 255, 901. 91 100. 232. 302. 40 96, 286. 636. 16 103. 203. 649. 15 114, 740, 686. 83 126,415,426.94 141, 300, 982. 76 1937 Total. ••••..•....•. 1938 January..........••...... February ••••.••......... March •••...••....•...•.. ~;~·:::::::::::::::::::: -------------------211,000.00 1, 296, 060. 00 6. 407,487. 79 35, 000, 000. 00 1, 145,000. 00 10, 399, 000. 00 152,600.00 25, 000, 000. 00 10, 400, 000. 00 June ........•.........•.. July .......•••.•..•••..... August. .•........•...••.. September.•..•...•...... October ...........•...... November .••.•..•....... December ••.•...........• I Total. •••••..•••••. 105,804,082.45 83. 612,031.34 • 70. 361. 114. 29 141, 300. 982. 76 Grand total. .•..••. 643,412,397.68 485, 4i9, 109. 96 • 344,178,127.20 141,300,982. i6 CREDIT UNIONS [Under sec. 5 of the Reconstruction Finance C<irporatlon Act, as amended) 1932 May..................... June..................... July...................... Augnst................... September............... October.................. November............... December................ $350, 000. 00 55,000.00 t338, 437. 00 ......•..•......... _ 29,290.00 $3,393.00 275. 00 1,235.00 650. 00 1,150.00 67,446.00 66,746.00 1,240.00 .••.•..............• .....••........... .. 895. 00 .•..••.•...•........ 5,625.00 ..•••.••............ ........•.••.. .... .. .•..•............... ......•..•.•....•... ·······•·-···-····-·.................... Total. •••......•.•. 472,446.00 440,008.00 8,838.00 See footnote.s at end of table. Digitized by Google $338, 437. 00 364. 334. 00 369,684.00 368. 449. 00 36i, 7g9_ 00 366,649.00 432. 155. 00 431,260.00 431. 260. 00 REPORT OF RECONSTRUCTION FINANCE CORPORATION 57 6.-Amount of authorizations, disbursements, repayments, and other reductions, and amount outstanding from Feb. f, 193:13, to Dec. 31, 1938, inclusive, by classes and monlhs---Continucd TABLE CREDIT Year and month Amount or authorizations 1 UNIONS-Continued Amount or disbursements Amount or repay. meuts and other reductions Amount out• standing at end of period 1933 January_................. $9, 5.55. 00 • $9, 5.55.00 Febmary .•••••.••••• ···- --········ .. ______ -· .•..•.•..•. __ ···--·- December ••••••••••.• _... 4,000.00 4,000.00 $305. 00 1,875.00 2,140.00 I, 095. 00 1. 150. 00 645. 00 1,214.80 841.83 941. 40 18. 591. 53 11,179.99 17. 668. 65 Total ••••••••••.•••. 148. 555. 00 138, 789. 41 57. 551. 20 612.498 21 12,707.44 1,182.22 5,591.39 4. 703. 20 6, 73fi.17 54. 915. 15 38,410.00 95S. 03 1,0,\S. 19 855. 00 1.2:H.50 650. 00 499,790. 77 498. 608. 55 493. 014. 16 488. 310. 96 4S3. 541. 59 42>l. fi26. 44 390, 2m. 44 3'<9. 258. 41 388. 200. 22 387. 345. 22 3gr,_ 107. 72 385. 4b7. 72 129. 007. 29 385. 4.57. 72 18,474. 32 6,334.52 24, 0.1:;_ 34 2,0W 96 13. 420. 00 4,320.00 4,500.00 fl15. 00 ,165. 00 8.10. 00 6.\,\. 00 750. 00 31\11, 983. 40 3'i0. M8. 88 33'i. 593. 54 331..103.58 310. 325. 16 31,, 005. 16 ;J;IJ. 5'15. 16 :i:rn. ,oo. 16 330. 32.\. 16 329. 475. 16 32,. ~20.16 328,070.16 76. 629. 14 328. 070. 16 October ___ ··········-··· - ··················-· •··················November _______________ -------------------- -------------------December.•••......••.•.. -········-·-·····-·· --·--·····-··-····-- 13,570.00 52,\. 00 2,MO. 00 1,750.00 225. 00 8,810.00 lbO. 00 1, 2.1r,. 77 3. 73.\. 00 1, r,so. oo 3, 32.\. 00 880.00 314. 500. 16 313. 975. 16 311. 435.16 309,685.16 309. 460. 16 300. 6fi0. 16 300.500. 16 299. 243. 39 29.\. 503. 39 293,858. 39 290. 533. 39 289,653. 39 Total. ............. ··-···-·- -···- ··-- ·- -···-·-···. --- -. ··- - 38,416.77 289,653 39 5, 62.1. 00 30,800.00 27,276.81 7,575.00 32,430.00 5,115.00 284,028.39 253,228.39 225,951.58 218,376.58 185,946.58 180,831.58 ~lllrch_ .•.•..•.•••• _. •••. 10,000.00 -················--4priL. •• _••••••.••••••• __ -··· ·····- __ . _______ ···- ·-·-·····- ·····\fay __ ..•••••••.•••••••• 65,000 00 --········---··--·-- June_._ .. _......•..... _.. 60,000.00 115,495.70 JulY-----·············-··. -···········--·····- --···. ···········-·Aul!ll<;t _______________________________________ -------------------- September............... 10. 000. 00 9, 73~. 71 October ___ -······ ____ ···- __ ······-- __ ..... ___ .•... ___ -····- ___ -· _ Xocemher. ········-·--·- --···-··----·-- _____ -···---·-·----- ____ _ $440. 510. 00 438. 635. 00 436. 495. 00 431,400.00 434. 2'-0. 00 519. 200. 70 547. 985. 90 547. 144. 07 5S5. 941. 38 537. 316. 85 526. 166. 86 512,498.21 1934 !snuary ___ ······•··••···- _--···· -··-· .. -··- ____ ··-··· ·······-·- __ February .......••• _•... __ -··-· .... ·- -· _______ ·-- __ -·- -·- --····· _ \!arch._ ...... ·- ..•.. __ ·- -··-··- __________ -·- -·- _-· ___ • -··· __ . -·.\ priL. ....•....... _..... _ -·-··· .... __________ -· --·- __ ·-- __ .. ____ _ \lay_-· ••.•••••• _·······1,966.80 1,966.80 June_-·--_ •••••... _·-· .. _ -·· ..... ····-·-- _-·- _. ·-. _···--· __ ·-- -· _ July _____ .···············- -·····-··- ·-·· -.... - - ·-· -·- -··· - - ---- -·~ug111<t_ ___ -· -·· ...... ··- _ -·······- -·· ··-- _______ ---·- ___ ---·- ___ _ Septeml::>er. __________________________________ -------------------October __ -····- •...•.•• __ -·····-····-·•·- -·- _ -· ·-·- ..... _·- ... -· _ ~ove-mher _______________ -------------------- ------ ---------- ---- Dece~:::;.-.-.-::::::::::: ------·---·;~~~~~~-i----·_·_--_-_--_-_·_~:-~-~--,~-~-~--, ________ ,__ 1935 January_-······ .. -·-·-··- -···· ·····-- ·-·· __ . ___ ··---- __ ·-·-- _·--February._ ••...• -·--·- __ -· -··-- ·-·-····-· - -- ..•• -·- -· ··-- -- -- - -- \larch.-······- .•.. -·· ___ -········-- _________ -···· _·-- -·---· -··· _ ApriL .............. _.• __ 20,000.00 __ •• _______________ _ :\fay ..•.•.•.• _.···--·_ ••. _-···- ·--- _.•.•. -·-19,241.58 June_.·-···· .•.•..•.••. __ ····-·-····- ·······- --· ..• _--· ---·-· -··July _______ .. -.. - - -- ··-- · - --··-·--····---·--·· ---···---··-·------i\.ug'ut:t _________ - • - ----- - - ---- ---- ---- ------ -- -- --- - - -- --- -- - ---- - September •.•...•.• ····-_ ••••.• ···-·········· - - -----· ······-· -· -- October ____ ·····-·-····- ___ ...•... -· -·· ····-- - -·· .• -·-· -· - -- - -··Xo\en1her ______ ----- --- - - --------- -- ------ -- -- - -------- ---- -- -- - Decemher.•.•..... -·--·-· ---·-·-··-·····----- _--·--·-----··----·Total. •••... -····-- 20,000.00 19,241.58 1936 January.. _•..•........... -················-·- -····--··-···-·····February •.•.•.••........ _ -- •..• ·······- •.. --· -- ·····-·· ·-·-·- ••.• '-"'rcb •••...•...• -··- .. __ --·-·······- ••...... --·-·-·-···-··· -·-·· April.. •...•.•. ••···--···· --·····--··-······-- -····-··-··-·-•--··· i\fay ____________________________________________ ••• _____________ _ June_ .•..........••...•.. ·····-··-··-·-··-·-- -··--········-··-··· JulY---····· •••.••... ·--. - ...... ····-· ····-· - - ···- -·-····· -- -··· .. August. •• _••••••••••••••• ··········-·····-··· -·-············ ····- September ..•.•.. -···-·-- -·······- ········-- - -· -····· -··· -··· --·- 1937 January .•••••.••.••.•••••.•...••. ··········-- -···-· ·······-·· ••.. February .••••••••••.••• _··············-···-·•············-·····March_ •.•••.•••••.•••.•..•....•.•. -··· -··· •. ··-·-··············· 4pril.. ..••.••.••••..••.•. ····-··············· ..•••••...••••.•.••• '-fay •••••••••..••.•••.••. ••••·•·•·•·•···••··· ···•·••••··•·•·••••• June ••.••••.••••••••••••• -··················· •••••••••••••••••••• See footnotes at end or table. Digitized by Google 58 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repayments, and other reductions, and amount outstanding from Feb. 2, 1932, to Dec. 31, 1938, inclusive, by classes and months---Continued TABLE CBll:DIT UNIONS-Continued Year and month Amount or authorizations t Amount or repayments and other reductions Amount of disbursements 1937 I Amount outstanding at end of period July ______________________ ----------------------•--------------August _____________________ .. __ .. __ . _. _____ ... _.. -- __ .•... _•. __ .• September_ ..... _.• __ .•.. ·········-···············-·········-··-· October._ .•.........• _.• _·-···-···--··········•··········-----··November. ·- -· --··-· -··· ·····-···-----······ .. -·--············-· December •..•.••. ·-···-·· ········-·····--···· .....•....•...•....• $15,725.00 10,525.00 2,975.00 725.00 425.00 975.00 $165,106.58 154,581.58 151,606.58 150,881.58 150,456.58 149,481.58 TotaL _·······-···- .•...................................... 140,171.81 149,481.58 4,844.00 500. 00 2,375.00 11,700.00 375.00 9,860.00 6,450.00 750.00 150. 00 8,228.00 2,925.00 • 950. 00 144,637.58 144,137.58 141,762.58 130,062.58 129,687.58 119,827.58 113,377.58 112,627.58 112,477.58 104,249.58 101,324.58 100,374.58 =•i========J,=======•I====== 1938 January···-·········-·-·· ············-······· ··················-· February-------------··- ·····-·············· ···············-·-·· March.- .....••...•.••... ·•·-·-··········-··· ·-·····-············ ApriL..·-···-············ -····-···· ····--···· ·-·····-············ May ........ ---···············-·············-.................... June............................................................. July················-····· .•.....•.....•...•.....•...•...•.. ·····August.. ......•.......... ······•········-·······•·•-----·-······· September····-··---··--· .... -··· ..•..•...... -····-···-·-•··•···· October .......•....•.. _.. ··············-·-··· ........•...•....... November.···-·······--· .....•....•......•.. ···········-········ December.•.......• -..... ...•.. .............. .................... 1-------+------- TotaL_ .....•.•. _.. .................... ...•................ • 49,107.00 100,374.58 1 Grand total.. ••.•.• =$642,967:-;' ===$=600=,=09=5"'_=79=-1i•-=='4"'99=,7=2=1.=2=1=l====100,==37=4."'ss" FEDERAL LAND BANKS [Under sec. 5 or the Reconstruction Finance Corporation Act, as amended] 1932 July ...•.......• --.-···-·· $26,000,000.00 August. .. ···-············ 3,000,000.00 September.--··-···-· ............ --····-···-· October ······•···•·-···· ................... . November.····-···-····· --·•··············-· December-···--···---····----·-·-···-·-·-···TotaL _. ·-· -· •.. --· $9,000,000.00 ·• ··---·····-·-·---2, 450,000.00 2,850,000.00 1, 500,000.00 2, 700,000.00 29, 000, 000. 00 18, 500, 000. 00 TotaL •...•...•. _.. 9, 000, 000. 00 11, 450, 000. 00 14, 300, 000. 00 15, 800, 000. 00 18, 500, 000. 00 18, 500, 000. 00 =l=======•I=======- 1933 January ....... _...•.•. _._ March .•...• -.. •.·•·····April.. •.................. May ..•.....•..•.... -..•. June .............. -...... JulY---··················· August..-................ September·-··········•·· October ......• _.......... November............... December................ ·····----····---·-·· .. ··••••·•·· ·------·••·••···· ·-··-·-·---· ···-·--·····-··-· $9, 000, 000. 00 .. .................. 300,000.00 1,500,000.00 ..................•• ···············-···• 1,000,000.00 ···-················ 500,000.00 ··--·-·-············ I, 500,000.00 .................. .. 2,000,000.00 2,000,000.00 2,000,000.00 3,000,000.00 3,000,000.00 30,000,000.00 7,500,000.00 77,818,000.00 36,500,000.00 31,200,000.00 69,318,000.00 145, 818, 000. 00 ············-····-·· ···-·-·········-···· ········-··········.........••......•.. ·--······•··-·--·-·· ..•..•.•.••......••. ·······-········-··· ············-······· ····-········--·-··· ·•·············-···· ..................•. 123,618,000.00 18, 800, 000. 00 18, 800, 000. 00 19,800,000.00 20, 300, 000. 00 21, 800,000. 00 23, 800, 000. 00 25, 800, 000. 00 28, 800, 000. 00 36, 300, 000. 00 72, 800, 000. 00 142, 118,000.00 142, 118, 000. 00 1934 January._................ June.···········--·-·--·- 31,500,000.00 51,600,000.00 ......••.•......•••. • 193,618,000.00 ---·-----········•·· ...............•..•. 1$26~~~~u~ September.-·•···--······--------············"·····•············· 401,955.42 October.......................................................... 700,848.55 November....................................................... 4,466,733.36 December--·•············ .................... .................... 32,232,720.75 iu~rust··············----- ··-··---•-··-··---·· ... •193,618,000.00_ TotaL _.••......... I 225, 118, 000, 00 I 245, 118, 000. 00 I 308, 780, 601. 29 See footnotes at end of table. Digitized by Google 193, 1118, 000. 00 193,618,000.00 124, 863, 70,. 06 116,356,656. 79 115, 954, 701. 37 115, 154, 852. 8'l llO,f>AA, 119.~ 78,455,391!. 71 78, 455, 308. 71 REPORT OF RECONSTRUCTION FINANCE CORPORATION 59 6.-Amount of authorization,, disbursements, repayments, and other reductions, and amount outstanding from Feb. 2, 1982, to Dec. 31, 1938, inclusive, by classea and month1t--Continued TABLE LAND BANKS-Continued FKDKRAL Year and month Amount of authorizations • Amount of disbursements Amount or repay. ments and other reductions 1936 1anuary•••••••••••••••••••••••••••••••••••••••••••••••••••••••••• February.•..••..••.••..•..•.•••••..•.•..••.....•.•.•.•..••...... March .....••••.•...•..•...•...•.••.••.•...•...•.••.••....•••.•.. April.. •..•..•.•••••••..••..•...•.•.•••.•.......•...•...••.....•.. May •..••....•.••••••..•..••••.•••...•.....•..................... lone•.•......••..••••.•.....•....•..•••............•.••..•...•.•. /uly•..•...••.•••.••••.•.......•••••..••••.•...••................. Auiru•t .••.•••••••••••••••••••••••••••••••••••••••.••••••••••••••• September ...•.•....••........•.•.•..••.•.....•.•.....•.........• October ...•.•••....•.........•••..•...........••....•.•.....•..•• November ..••...•.......••............•...•..••.... . .•.......... December ••.•.•.•.•.•......•......••...............•............. Total. •.••..••...•..................... ········•······· ···· Amount out• standing at end of period $1,491,325. 35 2, 400, 737. 91 2, 210, 356. 78 1, 788, 778. 22 4,075,855.88 6, 525, 135. 46 1, 596, :J02. 70 393, 5f,4. 94 1, f,07, 747. 80 4, 230, 0.12. 95 I, 9.17. 900. 22 5, 276, 633. 59 $76, 964, 073. 311 74,473,335. 45 72, 262, 978. 67 70, 474, 200. 45 66, 398, 344. 57 59, 873, 209. 11 58, 276, 006. 41 57,883,341.47 56,275,593.67 52, 045, 540. 72 50, 107, 550. 50 44,830,916.91 33, 624, 481. 80 44,830,916.91 9, 150, 893. 58 545,763.60 483, 258. 26 372,380.05 421,000.47 408,872.09 557,786.83 759,356.07 1,376,050. 91 2,905, 139. 34 314,202.05 2,867,814.96 35, "80, 023. 33 35, 134, 259. 73 34, Ml, 001. 47 34, 278, "21. 42 33,857,620.95 33,448,748.86 32, 890, 962. 03 32, 13 I, 605. 96 30, 755, 555. 05 27, 8.,0, 415. 71 27,536,213. 6ft 24, 668, 398. 70 20, 162, 518. 21 24, 668, 398. 70 2, 030, 964. 39 557,934.80 7,612,066.02 158,772.62 456,505. 77 144,280.47 132,352.83 310, or.2. 11 113, 148. 74 1.18, 416. 19 712,874. 53 713,055.00 22, 637, 434. 31 22, 079, 409. 51 14,467,433.49 H, 308, 660. 87 1:1. ,.12, 1.15. 10 13. 7117, 874. 63 13, .175, 521. 80 13, ~65, 459. 63 13, 1.12, 310. 89 12,993,894. 70 12,281,020.17 11,567,965.17 13, 100, 433. 53 11,567,965.17 130,375.84 3, 6.12, 121. 37 II, 437,589. 33 7,785,467.96 7,500,919. 21 6, 610, 214. 73 6, 5f.8. 077. 98 5,009, 109. 57 4, 090, 398. 23 1--------1------l=======I======== 1936 /anuary ..•••..•..•••••.•...•.•.•••.•.•.•....•..•..•..•...•..•.... February .•...•.••.••..•.....••..•.•...........•.......•.•....••. March •••...••••••.••..•..•.............•.... •··················· April.. •....•••••.••.......•...........•.•.•...........•..•....... May•...•...•••..••.......•.•.•...•...•.•.....•...•.............• June .•.•••••..••••••..•...•••••.•.•.•.••.•.•..•.•.••...•.•.....•. /uly .....•.•.••..••..•.••..•.•...•.....••......••.•.•••.....•..••. August.. •.•.••......•.•...••.•..•••.•.••.......•.....•........... September ••.••...•.•.•..••••••..••..••.•.... •··················· ~Eri~:~:::::::::::::: :::::::::::::::::::: :::::::::::::::::::: 1---------1------Total ••...•..••••.......................................... 1937 1 1 ;::::::::111::1 ll!llllli!:ttl! !! 1lii: li!l!ll!llil! Total. •...••••..•.................................. = 27,-;, M8. 75 899, i04. 48 42, 136. 75 l, 558, 9f,8. 41 18, ii I. 34 4, 090, 398. 23 Total .••. Grand total •••••••. 1···. $309,636,000.00. ·• I $387,236,000.00. 3 ------------ ------ 11,567.965. 17 --------- --------- 387, 23f>, 000. 00 ------------------ See footnotes at end of table. Digitized by Google 60 REPORT OF RF.f'JONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repayments, and other reduetions, and amount outstanding from Feb. S, 1932, to Dec. SJ, 1938, inclusitle, by classes and months-Continued TABLE 10INT-8TOCK LANI> BA.NXS [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] Year and month Amount of authorizations t Amount of repayments and other reductions Amount of disbursements Amount outstanding at end of period 1932 March ____ . ____ ._ .. ___ ._. $775,000.00 ·-·---·-··-··-··-·-- ··--------··--·----- -------·---·---·-April .... -.---·--------··· ·-··-·-·-···-····· ·· $724,877.11 $724,877.11 May... . .... . ... . . . . . .... 190,000. 00 5, 000. 00 $21,031.06 703, 846.05 June....... . ............. 305, 000. 00 134, 339.47 2,989.00 840, 196. 02 July............. . ... . .... 150, 000. 00 286, 592. 54 618. 90 1,126,200.66 August...... . ... . .. . ..... 55, 000. oo 128, 382. 45 5, 843. 00 1,248, 809.11 September.. . ...... ...... 576, 000. 00 16,617.55 1,578. 42 1,263,848. 24 October . ................. 595, 000.00 168, IC2. 43 11,416. 90 1,420,533. 77 November............... 2, 126, 000. 00 447, 215.54 11, 385.04 l, 856,364, 27 Decemher......... . ...... 1, 525,000.00 616,718.53 7,781.50 2,465,301.30 Total. ............ . 6, 297, 000. 00 1933 January.... . ............. F ebruary................ March................... tr:~..................... 676, 000. 00 1,083,822.68 3,236,000.00 2 • 3, 130,000.00 124,500.00 ~ig: g~:gg June. ...... . ... . ......... July...................... August ................... ·····-······ ·· ·· ·· ·· September....... . ....... 2,910, 000. 00 October. .. ...... . ........ 475,000.00 November__ ------------- ------------------- · December.......................... . ..... ... . Total. . . .......... . 14, 806, 172. 68 2,527,845.62 62,544.32 2, 465. 301. 30 153,352. 93 2,216,010.83 425,764.41 1, ~39, 453. 87 824,170.65 259, 000.00 852,097. 99 1, 300, 383. 90 703,170. 07 1, 705, 290. 08 1,617, 964.83 824, 614.58 6,942.54 3,091.95 7,149.82 32,041.07 39,710.48 44,078. 94 46,454. 79 62,005. 08 79, 536. 00 46, 200.63 142; 172. C,7 235, 092. 30 2, 611,711.69 4, 824, 630. 57 5, 243, 245. 16 6, 750, 65i. 96 7,535, 118. 13 7,749, 039.19 8, 554, 682. 39 9, 793, 001. 21 10,416, f,34. 38 12, 075, 723.83 13,551,515. 99 14,141, 038. 27 12,420, 274. 14 744, 537. 17 14, 141,008.27 1=======1=======11====~= 1934 January. ........ . ........ ................... . 229,765. 28 Febrn ary .. ...... ........ ............ ... . .... 18,663.02 March ..................................... . ...... . ............. . April.. ....... . ............................ ........ . ............. . May . . ... . . .................................... . .•. •.......•..... June . . .. .. ...................................................... . July . . . .. . .. . ............................ . . . . . .................. . August.. . . ............................... . ......•................ Septem ber. . ............. ................. . .. 197,219.28 October ...... . ............................. . ........... . ........ . November. .. ........................... . .... 117, 817.54 December............ . ... .................... 147, 787.41 Total.............. .. .. . . .. . . . . . . . . . . . . 1935 711, 252. 53 u:t:::::::::::::::::::: :::::::::::::::::::: :::::::::::::::::::: June . ..••...... . ................................•.•.............. July ...........•.•............................ . ........•......... August . . . . . . •.................................•.•.. . ...•......... September . .................................. . .......••.....•.... October . . ...•......................................•..•.......... November............... 20,779.63 ••••••.. . . . ......•.• December................ 129, 220. 37 150, 000. 00 202,400.00 10, 596, 420. 97 10, 168, 396.62 9, 139, 902. 18 8, 469, 581. 12 7, f>3!\, 253. M 7, 50~. 07.5. 41 7, 2,,0, 503. 50 6, 953,077.96 6, 486, 505. 24 8, 365, 785. 56 6, 486, 505. 24 l, 107, 856. 17 414,350. 00 935, 035. 54 328,214.67 554,566.54 107,818.81 232,657. fl2 423,310. 09 8,828. '1:1 67,761, 54 98,826.64 118,460.29 5, 378,649.07 4, 964,299.07 4, 029, 263. 53 3,701,048. 96 3, 146, 482. 42 3, 038, 663. 61 2, sor., oos. 99 2, 382, 695. 90 2,373,867.63 2, 306, 106. 00 2, 207, 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, 60\l. 96 159,349.54 233,877. 79 67,720.55 2, 100, 031. 36 1,991,528.24 1, 903, 427. 21 1,614,801. 06 1,582, 198. 10 1, 422, 848. 56 1, 488, 970. 77 1, 421, 250. 22 l===='===l========l, January............ . ..... 52, 400. 00 •. ••••••••• • ••••..•. February .• . ............ . .....•........ ..•. .. ..• . •. • ..•.•........ March . . •............ . ......... ........ . .....•..... . ..•.•.....•.. Total ••............ 752,526. 68 4i8, 487. 62 2, 038, 593. 69 523,437.61 428,024.35 1, 028, 494. 44 670,321.06 833,327.58 325,397.41 257,571.91 415,243.08 614,360. 13 150,000.00 13, 618, 276. ffl 13, 158,452.27 11, 119, 858. 58 1936 January ................................ .......•. ..•.......•..•... February •••••.. . ...••................•.......•••...•••..... ··--· March ..•..••.......••... . ...•..... ····-····· .•••....•••.....•••• ~ft:::::::::::::::::::: :: :::: :::: :: :: :::::: :: :: :::::::: :::: ::: : June . ...•........•...................... . ......•...•......... . ... 1uly.................. ... 300, 000. 00 300,000. 00 August ...........................••. ... ............ . .........•... See footnotes at end ot table. Digitized by Google REPORT OF RECONSTRUCTION FINANCE CORPORATION TABLE 61 6.-Amount of authorizations, disbursements, repayments, and other reduc- tion11, and amount outstanding from Feb. 2, 1932, to Dec. 31, 1938, inclusive, by classes and months--Continued JOINT·STOCK LAND BANKS-Continued Amount of authorizations Year and month t Amount of disbursements Amount of repay• ments and other reductions Amount out• standing at end of period 1936 September •.•.•.•.•.•.•...•.•....................•..•••.......•.. October.................. $1, 100,000.00 •••••••••••••••••••• November............... 600. 000. 00 ••••••••.•••..•••••• December................ 60, 000. 00 ~588, 500. 00 Total .•.•..••.•.•.. 2,060,000 00 AAS, 500. 00 $29,666.45 85,231.65 137,004.40 35,673.53 $1,301, f,83. 77 I, 306,352.12 1. 1,;o, 347. 72 l, i22, 174. 19 I, 405,144.97 1, 722, 174. 19 61, .'\08. 81 25,718.33 18,085. li2 3.5, 0.12. 33 70,779.32 14,\, 774. 78 73, 6.53. 93 64, 4S6. 64 111,566. 29 168,196.61 44,800.51 1, 660, 665. 38 I, li34, 947. 05 l, 9.19, 949. 28 2, 789, 794. 28 2,719,014.96 2,573,240. 18 2, 499. 586. 25 2, 43.\ IY.19. 61 2,337, 297. 23 2, 229, 100. 62 2, 062, ROR. 08 2,018,007.57 985,915. 71 2,018,007.57 1937 January ..••.••••..•..••..........•...............•...........•.•. Febru·iry .•.•.•.•••••••....•.•.................•.....•........... March................... 376,000.00 341,087.85 April..................... .................... 864, ~97. 33 May ..•.•...•...••••••.....••...............•..•..•.............. June .•..•...•••••..•••.•...•..............•.....••.......•...••.. July .....•.....•.....••.........................•................. August. ....•..•.•.•....•..•..................••.................. September............... ... ..... .. ...•. .. .. . 13,763.01 October.................. ... . ..... ... . .. .. .. . 60,000. 00 November ......•.•.•.•...•.••......................•.•.......... December................ 480,000. 00 .•••.•••••••••..•.•• Total. •.••.•.••••.• 856,000.00 1,281,749.09 lufi, 292. fi4 1-------- 1938 =1•=======11======= 40,805. JO January.................. 1, 8()0, 000. 00 60,000.00 74,024.91 February................ 6.\0, 000. IIO 1,758,993.46 55, 79,5. 34 March................... 1, 22,\ 000. 00 232,236.46 61, 3.58. 23 April.. ....•.•.••••...•.......•....................•............•. 79,341.53 !\lay..................... 575,000.00 63fi, 000. 00 54,010.64 June..................... ....••..•..... .. . . .. 753,037. 75 I 63. 343. 06 31,410.45 54, ti92. 27 72, 47H. 87 178, 44,>. 4.5 106,459. 75 I 872, 166. 60 5, fi68, 724. 46 16, 833, 780. 41 5, 568, 724. 46 i~~st~ .................. ··········210,412.119 .......... ·········• 106,356. 26tr, 000. oo· September............... 11 I October.................. 103,374.36 ••••••••••.•.•....•• November............... .•..•............... 14, 5HO. 00 December................ 250, 000. 00 602, 679. 71 Total.............. Grand total........ 4,813,786.45 4,422,883.49 29, 035, 359. 13 22, 402, 504. ~7 I====== I 2,037,202.47 3,722,171.02 3,898,612.14 3, 837, 253. 91 4,392,912. 38 5, ()'JI, 939. 49 5, 028, 596. 43 5, 2f,7, 185. 98 5, 308, 849. 82 5, 236, 3(i\), 95 5, Oi'.2, 504. 50 5, 568, 724. 46 FEDERAL INTERMEDIATE CREDIT BANK (Under sec. 5 of the Reconstruction finance Corporation Act, as amended] 1933 March................... TotaJ........ ••. •• . Grand total........ $9, 250, 000. 00 $9, 250, 000. 00 $9, 250, 000. 00 •••••••••••••••••• 9, 250, 000. 00 9, 250, 000. 00 9, 2/\0, 000. 00 .•••••••••••.••••• 1--------l·-------·I--------I------t=======l=======l======I====== 9, 250, 000. 00 9, 250, 000. 00 9, 250, 000. 00 AGRICULTUIUL CREDIT CORPORATIONS [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] 1932 March................... $21,200.00 April. ••.....•.•.•.•.•.•....•.••.............. May..................... 84, 802. 05 June..................... 216,438. 07 July..................... 444,783.85 August................... 594, 021. 62 September............... 702, 12\J. 04 October.................. 1, 194, 78.5. 15 November............... 135,809.15 December................ 225, 882. 05 $1,000.00 20,200.00 18,650.00 246,515.87 400,621.07 534,151.82 539,074.94 1, 206, 884. 22 276,909.98 212,619.43 $600. 00 2,186.00 2,647.41 7,613.68 74,450.98 356,814.61 352,082.06 285,914. 76 $1,000.00 21,200.00 39,250.00 283,578.97 681,552.63 1, 208, 090. 77 I, 672, 714. 73 2, 522, 784. 34 2,447,612. 26 2,374,316. 93 3, 619, 850. 98 3, 456, 627. 33 I, 082, 310. 40 2,374,316.93 l=======l=======l=======I====== See footnotes at end of table. Total. •••••••••••.• Digitized by Google 62 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repaymer.ts, and other reductions, and amount outstanding from Feb. 2, 1932, to Dec. 31, 1938, i11clusive, by classes and months-Continued TABLE AGRICULTURAL CREDIT C0RP0RATJ0Ns-Contlnued Amount of authorizations Year and month 1 Amount of repay• ments and other reductions Amount of disbursements Amount out. standing at end of period 1933 January.................. February. . .. . . . . . .. . . . . . March................... April..... . . . . . . ... . . .. .. May..................... June..................... July...................... August................... September............... October.................. November............... December................ $155,952.10 2,647. 85 244, 722. 72 131, 280. 12 193,526.26 139,539.54 279,255.80 153,124.13 175,878.58 185,181.62 8,194.00 59,708.52 $207,830.11 167, 148. 22 175,351.39 226, 251. 38 201,001.35 142,751.44 254. 111. 58 155,384.25 113,609.94 288,006.60 177,306.41 303,275.79 $2,322,438.92 2, 157, 938. 55 2,227,309.88 2, 132, 338. 62 2,1~863.53 2,121,651.63 2, 146,795.85 2,144,535. 73 2,206,804.37 2,103,980.39 1,934,867.98 1,691,300.71 January.................. 83,894.35 25,491. 70 February .•.............•..............•......•.......•.......... March ..........................•.....................•.......... 242, 7111. 43 260,313.12 79,566.22 281,718.85 102,087.82 118. 23 552.85 10,622.80 186,326.54 3,000.00 11,356.72 1,474,030.98 1,213,717.86 1, 134. 151. 64 902,437.79 800,349.97 800,231.74 799,678.89 789,056.0II 602,729.65 599, 7211.55 863,372.83 1,178,419.58 863,372.83 Total. •............ $101,252.10 240, 000. 00 442,904.36 20, 825. 00 163,077.91 201,022.01 197,866.93 76,730.88 195,922.58 166,418.12 41,805.22 111,809.20 1---------1-------·l--------1------1,959,634.31 I, 729,011.24 2,412,027.46 1,691,300. 71 1934 if:~····················· ..........50,000.00. ·•••·••··• 50,000.00. July..................... 300,000.00 .....•............•• August ......••.........................................••••..•••. September ..•..................•.....................•........... October .............................................•..........•. November ..•.................•. · ...............•................ December................ ... .. . .. . . . ... .. .. .. 275, 000. 00 Total. •.........•.. 433,894.35 350,491.70 1935 B:~~================ ::::::::::~;;~~i;: ...........14,000.00 ~.~~~. June ...................................... ,.. ..•............•.... 1,500.00 8, 475. 00 88, 126. 25 9,719.26 5, 7~. 57 863,239.33 860,739.33 887,500.00 873,500.00 872,000.00 863,525.00 775,398.75 765,879.411 759,936.92 130, 196. 58 759,936.ff ~ ~: :=: 701,300.02 681,300.02 581,300.02 579,300.02 479,300.02 379,289.05 147,789.05 147, 789.05 50,000.00 ···•················ 612,147.87 1-i7, 789.05 January.................. ....... ............. .. ..........••.•.... 27. 30 147,761.75 144,261.75 44,272.72 117, 19'. 04 125,000.00 124,280.00 124,237.70 112,631.48 98,626.78 96,840.MI ::::::::::~~!~~~!: July............................................................. September............... . . . ..... .. . . . . .. .. . . .. . . . .. . . .. . .. .. .. . . October.................. . . . . . . . . . . . . . • . . • . . . . . . . . . . . . . . . . . . . . . • . November............... .. ........ .......... .............. ...•.. December................ . . . . . . . . .. . . ... . . . . . .. .. . . . . . . . . . . ..•... Total ••.....•...... 26,760.67 26,760.67 1936 if:;1-:::::::::::::::::::: :::::::::::::::::::: :::::::::::::::::::: .................... .................... July..................... August ................... September............... October.................. November. . . . . . . . . . . . . . . December................ _.... ... ........•... . . . . . . .. . . . . . . . .. .. . .................•.. . .•........... _. . . . . 50,000.00 Total .•............ 100,000.00 ...•...........•.•.• 2,000.00 . . . . ..••.•. ... .. .. .. 100,000.00 ..............••..•. 100,010.97 . . . . . • . . . • . . . . • •. . . . 231, 500. 00 .......•.....••..•...•.......•.......... 1937 t:r~i:':r:. ................ ·••··· ···· 30,727.28. .•..••.•.•...... .... J; :J:: April..................... .................... 72, 1121. 32 .•••.•..••.••••.•... May..................... 1uly .. ··········•··•····· August................... September............... October.................. December.... . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . .................... .................... .. .............. .... . . .. .. •. . . . . . ... .. . . .................... Total. •...•..•...•• 30,727.28 7, 805. 96 •...••....••.•...... ·········•·········· 720. 00 ..... ............•.. ~- 30 ...... .... .......... 11,606.22 . . . . .. . . . . .. . ... . .. . 14, 004. 70 . . . . . . . . .. . . .•. . . . . . 1, 786. 19 80,727.28 131, 67~. 74 Bee footnotes at end of table, Digitized by Google 96,840. Ml REPORT OF RECONSTRPCTION FINANCE CORPORATION 63 6.-Amount of authorizations, disbursements, repayments, and other reductions, and amount outstanding from Feb. 2, 1982, to Dec. 31, 1938, inclusive, by classes and months-Continued TABLE AGRICULTURAL CREDIT Amount of authorizations Year and month 1 CORPORATIONS-Continued Amount of disbursements 1938 Jonusry ••......••..•..••..........•.......... _....•.... •......... March •...•.••••.•..••..........•...•........ -····•····-··•·-···· May .••......•..•.•..........•.••.••..•.. _•........ _.... _.. •..•.. July..................... .........•.......•.. .............•...... September............... .. .. . •.• .. . . ........ . . •. .. ... .. . . . . . . . .. Total •••••••••.••..................... - 011111d total.. ..•••. $6, 120, 867. 59 Amount or repay. meuts and other reductions Amount outstanding at end or period $6. 385. 38 5,142.60 325. 50 56. 30 75. 01 f90, 455. 21 85.312.61 84,987. II 84,930.81 84,855.80 • II, 984. 79 84,855. EO • 5, 558, 762. 42 84, 855. 80 1--------1·-------·1------$5,643, 618. 22 REGIONAL AGRICULTURAL CRElllT CORPORATIONS (RElllSCOUNTS) [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] 1932 December ••••.•••.•.••••. $7, 285, 972. 50 $.,. 372, 062. 60 $655. 03 $5,371,407.57 Total. ..•••..•••••• 7, 285, 972. 50 5, 372, 062. 60 655. 03 5, 371, 407. 57 1933 January ••.•.•..••...••••. February .••....•.••••••• March .••.••••.......•••. April •••....••...•.....•.. May •....•••••......•.... June ..•••••...•......••.. July .••..•..•.•...•.•..... August. •..•.•...•••..•••• September •••..•.••...••• October...•.....•...•.•.. l'/ovcmber •••..••.•.....• December.•..•••....•.••. 15, 360, 112. 84 20,758,427. 15 21, 69:!, 083. 82 18, 119,962.42 22, 855, 433. 69 17,321.307. 67 23, 278, 692. I 9 3, 483, 282. 34 3, 2.,3, 888. 56 I, 896, 464. 93 2, 109,918.31 3, 255, 678, 72 15, 269, 009. 65 18, 21\6, 632. 88 19,706,023. 71 19, 214, 707. 12 23, 262, 884. 81 17,813,925. 71 2'l, 287,256.46 3, 798, 852. 57 2, 4.54, 622. 40 2, 762, 700. 50 2. 015, 121. 54 2, 929, 313. 74 104,646.84 I, 798,634.47 I, 330,314.09 2, 009, 169. 89 2, 652, 548. 71 4,473,930.65 12,898,417. 70 28,148,010. 72 26, 3.10, 278. 7 I 22,014,809.00 15,897,239.21 7,610,410.44 20, 536, 670. 3S 37, 004, 668. 79 55, 380, 378. 44 72,585,915. 67 93, 196, 251. 7T 106, 536, 246. 83 115, 925, 085. 59 91,575,927.44 67,700,271. 13 48, 448. 162. 63 34, 566, 244. 96 29, 885, 148. 26 Total. •••••••.•.••. 153, 386, 252. 64 149,782,151.12 125,268,410, 43 29, 885, 148. 26 5. 739, 1193. 04 5, 708, 256. 95 2, 706, 35.l. 39 1, 164, 925. 89 227,324.30 943,267.89 73.1, 276. 66 3SO. 570. 69 243,266.14 341, 881!. 41 9, 103. 98 5, 075. 284. 50 6,213,407.61 3, 151,195.84 949,023.95 148,713.81 282, 6SO. 28 770,640. 71 158. 259. 21 762,747.35 ----·-·-----·------577, 4n. 74 6. 577,453. 24 5. 451, 43/l. 28 10,215,590.51 8, 734, 142. 18 5••5,59, 706. 67 2 . .516, 248. 77 1, 235, 772. f,5 I, 677,537. 10 1, 662, 209. 86 I, 127,072. 76 3,197,403, 24 28, 382, 979. 52 29,144,948, 85 22, 080, 554. 18 14, 29.5, 435. 95 8, 884, 443. 09 6, 6.30, 874. 60 6, 165, 742. 66 4, 646, 464. 77 3,747,002.26 2,619,929.50 m. 34 18, 089, 427. 00 47,974,575. 26 178,840, 452. 48 173, 243, 640. 72 173, 243, 640. i2 1934 r;}~·············•·· lt:i:i:iil Total. •••.•.•.••••. Grand total. ••••••• 18, 168, ----------------------------------- ------------------ LIVESTOCK CREDIT CORPORATIONS [Under sec. 5 of the Reconstruction Finance Corporation Act, as emenrled] March 1932 $4 70, 990. 00 I, 659,550.00 1,214,017.01 2, .549, 078. 00 1. 315, 563. 16 1. 944,974.76 I, 5:l4, 779. 79 521,319.62 452,663.65 147,467.62 -------------------$4,508.69 1~)::!I1l::i: $496. 9SO, 00 2, 548, HIS. 00 I, 2il0, 82,5. 00 2, 288, 576. 00 I, 415,216.29 2, 7S3, 454. 57 1,202,725.44 478. 30,,. 00 506., 56.5. 55 194,750.00 20,249.41 136,771.65 255,983. Zl 408,041.41 504. 242. 20 605,885.43 552,119. M 1,574,457.21 3,319,708.91 5, 732, 105. 26 6,791,685.15. 8, 328, 618. 50 9, 3.59, 156. 09' 9, 274, 590, 28 9, 175, 134. 38 7, 748, 144. 79 Total. ••••••••••••• t3, 145, 602. 85 I I, 810,403.61 4,062, 258. 82 7,748,144. 79 $470,990.00 :i, 126,001.31 i====-~==l===~==i,==~~=,i==~ ==-= See footnote., at end of table. Digitized by Google 64 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repayment,, and other red~ tions, and amount outstanding from Feb. B, 193B, to Dec. St, 1938, indume, br classes and months-Continued TABLE Ji LIVIISTOCK CBJIDIT CORPOR.ol.TIONS-Contlnued Year and month Amount or authorizations 1 Amount or repay• ments and other reductions Amount of disbursements Amount out- standing st end of period 1933 January. . . ............... $130,700. 00 $69,400.00 February................ 37,000. 00 48,727.17 March .......................................................... . April..................... 12,600. 00 11,000.00 May..................... 100, 000. 00 100, 000.00 Juno..................... ll6,000.00 116, 000. 00 July ....................................... . ................ ..... . August................... 400,000. 00 ................... . i8tt~t~r~~~=:::::::::::::: :::::::::::::::::::: .........ai:i;20i21· November ... ... ........................... . .................... December................ Total.............. 1934 . 75,000.00 .•••..••....•.••••.. 871,300.00 658,329. 44 1935 $8,300, 958. 71 ~.492,S2UI ~.095,245.00 4, ;46,26!.re 4,5113,013.iO 4,7,;2.2S6.31 3, 936, i69. 18 3,285,JIJ7. 0I 3,041, lli2. Ii 3,071 ,0!9.li 2, 778,517.0li 2,324, 929.111! 6,081, 544. 24 2.324.92I@ 213, <til6. 61 140,787.36 357,209.8, 97,929.59 43, &17. 64 32. 917. 94 89,570. 05 5,020. 24 11,176.85 83,879.64 135,171.46 130,102. 12 2,111,433.38 1,970.646. 02 1,713,436.15 1,615. 506.56 1,571,958.9'! l,60i.liil.511 l,51i,911.51 1.512.SllLJIJ 1.501,714. ll 1, 4-13. 39.1. 96 1,333,2?2. 50 1,203, lll.38 1,340,809. 37 1, 203, 120. 38 l======l======I,====== January ...................••••..•.......••••. •··················· February................ 100,000.00 ................... . Mnrch.. ................. .•..••.......•..••.• 100,000.00 April. ....................................... ................... . May ... ......................................................... . June..................... 60,000. 00 68,440.61 July ............................................................ . Augu•t .................................... ... •··················· September............... 25,559. 15 . . ................ .. October.................. .......... .... .. .... 25,559. 15 Novembor............... 25, 000.PO 26, 000.00 December ...................................................... .. Total.............. $1, 453, 586. 08 919,864. 29 397,576. 56 359, !176. 98 343,254. 35 366,727. 39 315,517.13 651,462. 14 243,334. 89 284,155.23 292,442. 13 458,647. 07 210, 559. 15 218,999. 76 l= = = = = =l======I,======= January......••.•..•..•...•..•....•...•....•...•....••..•.•.•.••. February ....................................................... . March .......................................................... . April..................... 120,000.00 .•...•••........•... May..................... ................ .... 120,000.00 June ••..•.......•.•..........•.•........•.••...••••......•.•..••• July •..••.•....•••••.....•••.•..•.•.••.•••••.•...••••••.•••.•••.. Au~ust .•........•..•..•....•.•....•.....•••.. •··················· September ...................................................... . October.. .. .............. 163,865. 88 .••.••.•...•..•.••.• November............... ••.......•..••••..•. 75,000.00 December................ .................• •. 88, 865.88 16,406.46 42,035.24 6,077.45 1,121.50 30,817.50 38,152.35 159,457.53 1,186,713.92 l, 144,fiiS.68 I, 138,601.23 41,500. 117 123,056.46 43,982. OJ 34,989. 63 l,l37.4i9.73 1,226.6f>2.23 I, 188,509.88 J, 029. 052. 35 004.339.87 9'22,839.SO 799. .&1.34 830. 801.33 884,6i7.58 60'2. 308. 68 884. 67i.58 January •••.•.•...•..•.......•...•....•..••.•. . •••••...••......•.. February ....................................................... . March .••......•.....•........•........••..•.•.•..•••..•.•••••••• April ........................................................... . May ......................................... . .................. . June .••.....••.•••.•.••.•..•.••.••.•••••••••• •....•.•.•.••.•...•• July .•.••...••...........••.•••..•••..••.••..•.......•.•.••••••.• Augnst ....••..•...........•.•••....•.••....••..•....••...•••.•••. September •.•.••••••.•••••••.••••••••••••••••.•••.••••••••••••••• October ..•..••••...••..•..•..••.•••...•.••••••••.••••...•••.••••. November .••....•.•••......••.••.•.••.••.•.••••.••••...••••..•.. December ..•••..••.•••••..•.............•.••••.••..••..•.•••.•••. 11,093.00 3,402.05 11,506.06 3,736. 60 8,424. 53 27,724.12 69,134. 54 9,851.34 16,277.20 91,732.38 125,592. 76 216,874.94 873.SM.58 870.1821>1 8.ll,939.Sl 846.515. 31 818, 791.2'l 749,656.68 739,805.34 723. 528.14 63U95.;6 500,203.01 289,3:?S.07 Total. ••••.••••••.•.........•.•.••••••..••........•..•..... 695,349.61 289,328.07 283,865.88 283,865.88 64,712.48 1936 1937 January.•... ••••••.•••••.•.••.••••••....•••.••.•••••••••••••.•••• F1ibruary ••••.•..•••.•••••...•••...•..•••.•••..•••••••.••••••••.. March .•••.•..••••..•......••.•.....••••.•••••.••••••••.••• . ••••• ~~1..-.-.::::::::::::::::: :::::::::::::::::::::::::::::::::::::::. June ............................................................ . July •..•••••••••.•••••••..•.•••••...•.•••••••••...••.•.•...••••.. August ••••••.•••••••••••..••••••.•••••••••••••••.•••..••.••.••.. October . .. .••.•••.••••••••••••.••.•••••..•••••.••.••••••••••••••• Bee footnotes at end or table. Digitized by 41,753. 88 12,489.38 15,250.00 1,771. 23 2,400. 00 16,000.00 19, 3116.47 26,330:00 12,188, 00 Goog Ie L 8,18,6;6.47 247,574.11 235, ()Bl. 81 219.834.81 218,06.158 215,61\1.58 200,66.1. 58 181,297. 11 JM,1161.11 H2,7i9.ll .. REPORT OF RECONSTRUCTIO~ FINANCE CORPORATION 65 6.-Amount of author!:zations, disbursement,, repaymentll, and ~ther reductiom, and amount outata11dmg from Feb. 2, 1932, to Dec. 31, 1938, inclusive, by claasea and months-Continued TABLE LIVUT<>a CREDIT CoRPOBATIONS-Contloued Amount of authorizations• Year and month Amount or dlsbursemeots Amount or repayments and other reductions Amount 0•1tstanding at end Of period 11137 'fovember ••••..•••••.•••.••••••• .. .•..••.•••..••••.••••••...•• •. December.............. • • . • • • • • • • . . . • • • • . • • . . . •••• • ••. • .•.•. . .... $82, 779. 11 60,000.00 Total. •••••••••••...••• •• · • ·· ·• ·· ·• · ·· · • · •• ·• · · · · ··· · · · ·· ·· $12, 1171, 698. 69 Sl4, 611,327.88 Grand total.. •••... 12, 971,598. 69 $60,000.00 289,328.07 R.uI.110.lDS (INCLUDING RJ:CJ:IVJ:RS AND TRUSTEICS) (Under sec. 6 or the Reconstruction Finance Corporation Act, as amende<l) 1932 •ebruary ••.•••. •.•• •.••• \larch... ........ ... ... .. \pril................ ..... $31 . 322,257.00 S3U22, 257. 00 54.005.805. 00 $1,147,952.00 24,791,500. 00 13.S12. 000.00 73, 782. 138. 00 18,816, 3:J3. 00 .•••••..•....•...•.. 37, 0:H. 457. 00 86. 8Rfi. (l.j7. 2f\ 2. 815. 771. 74 15. 808. 637. 00 60, 92.1 ..~38. 00 Ilay..................... 139. 48fi. 860. 76 2, 203.000. 00 54, 824.813. 50 54,239.972. 00 une..................... 164, 012,500. 76 2,000.000. 00 27,545,736. 00 16,392. 0'!5. 00 uly..... ......... . .. ..... 205,781, l ,>i. 95 224, 8.'!-1. 31 41, 9'i3, 445. 50 12, 798. 5.~3 00 IUflLSf............... . ... 218,410, oo~. 95 2r.o. 000. 00 12,888.851. 00 21. 293. 541 . 00 :r11tcmber... .••. .. ••..•. 241,431 , 324.115 1,910, :,00.00 24,931,816. 00 2~.Y2R.2G9. 00 )ctobcr..... .. ........... 249,951.634. 211 162. 498. 66 8, 682. 808. 00 38,226.000. 00 ,oremher.. .. ..... .. . . .. 272. 471,708. 77 12fi. 000. 00 22. 645, 074.48 8,915.891. 00 lecember................ -708_77_ -1,-l·--21-2-,-47-1-. . 3-Y.-66-2-1---l-l,-88 4_ 2_7_1._ , -3-1100-1·----,-28-4-, _ __ 4-3-5,_09_3 . i--3-3-7'••......••••. Total. i=======l=======,l=======I====,== 11133 280, 0ll, 2:xi. 41 14,001. CO 7, G33, 551. 64 3. 000. 000. 00 anuary.................. 296,229,012. 39 8,322, 417. 82 24,510. 173. 80 19,440.022. 00 •'ebruary ••••••.......... 310, 9!0, 7H. 211 102,180.40 14,792. 8Ul. 30 5,297,828.00 ,!arch.. ............... .. 323,194,850.60 12,275,136.31 . . .... .•.. . ......... 11. 006. ,583. 00 ,pril....... ...... . ....... 340, 8.54, 772. 40 2flfi, 795. 18 17, 925. 716. 08 23. 200, 000. 00 ,fay........ ...... . . ..... 354 ,059,351. 20 5, 125. OSI. 20 18. 329. MO. 00 6,050,000. 00 unc. •.••••••••••........ 331. 333, 800. 73 24,028.144. 47 1,302. f,00. 00 uly.... ....... ...... .. .. . ..••. ••.• .......... 331, 159, .728. 48 45,;_ 878. 25 281,800. 00 3,862,000.00 <UfUSt....... .••• .•.... .. 331 ,8 13,028. 48 3fl0.000.00 1.013.300.00 eptcmber............... .....••••....•...... 330,243,0 15.52 6, 199, 220. 26 4. fl29, 20;. 30 lctober. •••••.••...••.... ....• •••...... .. . . .. 333, 4,;.;, 0611. 23 76,707.61 3,319.658. 32 744, 252.00 iorember •••••••••••.••. 7,c..l_fln__,_1_2.5___41 . 3_6_ . _ _ _1_3_0._1_3_2._1_s~ __3__3.... · ·;_·_··...c·.:..··~ _ _ _3_._8_19_._29_1_ • ·_· ,;.··;...;·.:..··;....·_-.... >eccmbcr •.••••••• •.•... · 1-·-· .... 1 337, 166. 125. n 45,088,570. 37 100,782,987.01 74,410. 585. 00 Total............... 1934 3-10, 8..'>4, 042. 811 0, t\f.2. -~2 3,697,480.00 anuary............ .. . •.. . ..••••••. .. ....... • 315,319,916.72 29. ;49_ 17 4, 49,5, 623. 00 500. 000. 00 'ebruary.............. . . . 345. 323, 07fl. 72 100. 000. 00 103 ,160.00 100. 000. 00 ,larch................... 345. 11,u. 500. 16 56 1.56. 349. 11 5, 580. oo s. 254, 252. oo ,p, ii............ . ........ 344. u-rn. 8U0. 98 2H. 489. 18 101, ~o0. 00 -la)'...... . .. ...... .... .. ... ................ . 637, 228. 12 353, 41 52,\. 347, 9, 034,862. 55 une. •• • •••••.... ...•.... ..• •••••.. . . .. . . .. . . 354,741,618.45 18,109.67 l .12'1,500.00 1, 000,000. 00 uly...................... ,500. tiO 343,481 85 827. 12, lflf>, OOfJ, 800. 00 c11gust................... ..••••••.•.•.•.•.••. 343, 5\l4 , 93~. 69 l(),'j, 037. 50 221 , 386. 59 eptember. ••••••••••.•.. ••.••• ••.• . . .. . .. . . . 4511. 77 353,491, 7,071.40 9,901,490.48 21 ,295,000.00 >ctober.. .. .. ............ 361,829, s·,s. 03 48, 5:SO. 81 8. 386, 980. 00 3, 182, mo. 00 ;ovember • • ••••••••••••. . _71 _sfl_7_ . u:_i 3_1._zs_2_._25_ ___3_7r._,._~_ . oo_ ____ 1s....._ro_s_. _21_1_ 9,_ooo_._oo-1 _ _ _ >ecember •••••.••••••••.. ___1_1_.6_7.... 1 1 1 376,893,867. 71 13,461,271. 32 53, 189,013.62 46,010,402.00 Total.............. l = = = = = = l = = = == = l = = = = ==l=== = 1935 379,464, 48~- 58 89,381.13 2, 660. 000. 00 anuary••••••.• .. .•... .. . . . .• • •• •• . •.••••••.. 3ill, 701 ,755. 91 13. 730. 07 251. 000. 00 'ebmary •••• ••. .. . . . . . •. . . . • • • •• . • . • • • • • • • • . . 380, rn~. ~S5. 91 00 oou. 103. 600. 000. 00 ,larch ...... . ............ . ... .. . . . . . . . . . . . . . . 3!il,, t. ll. 2\1-1. 08 8\3. Wl.63 7, 2tii. 300. 00 33,978. 900. 00 '/"ii.. •••••••.......... ·413. 414. 4~3. 76 228. 930. 32 27, 031. I 20. OC 2,300. 000. 00 , ay •.•• •• •• • ...... .. ..•• 4 H, 3H, 4fi3. 22 so,, fiOO. 54 I, 738 480. 00 240. 748. 00 une.. .• • . ••• • ... ..••.. .. U 338, 340. 81 813. 41~ 1,272, 266. ;oo. 00 uly................... ... .. . .••••.. . ......••• 413, 319.816. 40 6, 133.41 17,600. 00 ,U<rust. .................. .................•.. 902,782.911 412. 41 133. 454. 7,100. 00 cptember •••...... ..•..• .... • • ••.•.•...•.... 412, 804, 759. 18 98. 023. 81 >ctober .• •••••.•..•.•••. . . ••••••• •······· ···· ··• ••••···· ·•· · ····· 412. 765,209. 14 39,550.01 ;o,ember _______________ ----- -------------- - •·· ······· ----- -- -- 336. 249. 860 00 16, 609, 600. 24 9-1 . 252. 00 )ecember................ .... •• ••.... ........ 3\ 6, 249,860. 00 39. 933,552.00 36,519. 648. 00 Total.. ••••••'. ...... 146. 975,757.00 0 = = See loot notes at end of la'>le. 136800-89-11 Digitizec by Goog Ie 66 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorization,, disbursements, repayment,, and other reductions, and amount outstanding from Feb. 2, 1932, to Dec. 31, 1938. inclusive, by classes and months-Continued TABLE RAILROADS (INCLUDING Amount of authorizations Year and month RBCBIVIIBS 1 1936 January.................. $5,000,000.00 February •..........•.... _ ·····- _____ -· _···-· _ March................... 99,422.400. 00 April ........••..•..•.... _ 16,148,667.00 May..................... 100,000.00 June .•......... -········7,000.00 July...................... 150,000.00 August •...•...... ·······8, 176,000.00 September.••......................... ___ -· __ Octo her.•.•............. _ 140. 000. 00 November ..•...•....... _········-···-··--··· December..••••••........ ·•·················Tot11l.............. 129,144,067.00 AND TRUSTIIBS)-Continued Amount of disbursements Amount of repay. ments and other reductions Amount out• standing at end or period $2, 587, 892. 52 5, 063, 329. 75 959,142.31 1, 000, 826. 28 4, 180, 699. 09 4, 689, 664. 97 45, 843, 881. 03 722,288.47 I, 809, 819. 94 3, 656, 849. 98 9, 569, 278. 98 99,620.00 $393, 711, 968. 38 390, 198, 638. 63 389, 239, 496. 32 394, 167, 670. 04 393, 027, 718. !15 388, 432. 053. Q8 3P(), 840, 839. 95 360, 268, 551. 48 349. 258, 731. 54 353, 784, 881. 56 345, 155, 602. !,S 345, 975, 982- 58 3i2 345, 975, 982. 58 4)8.106 00 126,500.00 5, 006, 000. 00 538, 4CO. 77 30,667.42 478,301.31 2,387,813.42 77,028.73 578,857.61 352,662.63 24,944.82 5,000.00 345, 4g,, 8)6. 58 345, 371, 376. 58 340, 36.', 376. 58 344, 826, 97.". 81 344, 796. 308. 39 354, 318, 00,. 08 351,930,193.66 351,853,164.93 356, Zi4, 307. 32 35b, 921,641.69 355, 896, 699. 87 355,891,699.87 20, 000, 000. 00 10, 084, 282. 71 355. 891, 69!l. 87 3. 000, 000. 00 4, 000, 000. 00 6, 533, 000. 00 1, 278, 000. 00 21, 621, 500. 00 4, 622, 000. 00 4. 950, 000. 00 16,727,000.00 4. 820, 000. 00 6, 748, 000. 00 2, 000. 000. 00 11, 674, 921. 95 677,121.50 265,172.72 51,033.48 33l,846. 75 765,814.82 I, 156,500.00 344, 336. 74 102. 997. 18 384,000.00 66,000.00 5,000.00 • 3, 622, 311. 82 358, 214, 578. 37 361,949,405.65 368, 431, 372. 17 369, 377, 525. 42 390, 233, 210. 60 393, 698. 710. 60 398, 304. 3,3. 86 4 I 4, 928. 3,6. 68 419. 3f,4, 376. 68 87,974,421.95 • 7, 772, 135. 01 436, 093, 986. SI $50, 000. 00 1, 550, 000. 00 5, 929, 000. 00 3, 040, 748. 00 94,000.00 8, 252, 667. 00 150,000.00 800,000.00 8, 183, 000. 00 940,000.00 920,000.00 29,909,415.00 80, 183, 293. 1=======1=======11=========1=== 1937 January_ ................ _ 5,000,000.00 ···················- February._ ..••••.... _... _ ...... ·············- ......•........•.... March •..........•.......••.....................•................ tr:r·:======~~=~======== ····•·io: ooo;ooo: ()() ....... ~~~~~:~. June .•..... -.. -•········· -··················· 10,000,000.00 July········-···-·········-·•··-·---·-- ______ ····-·····-········August ... _............... 5,000,000.00 -·········-···-····September............... .................... 5,000,000.00 October .............. ··- ......... -·· ......... ···········- ....... . November ..•........... _···············-·······-···•···-····-·-December........••..... _ ······-·-----······- -············•······ Total. •.•..••••.... 20, 000, 000. 00 1938 January .•.••....•...... __ 6,000,000.00 February................. 2,000,000.00 Marcil................... 5,533,000.00 April ......•••••...•...•• _ 15,678,000.00 May........•....•...... 16,221,500.00 June: ·············•····2,472,000.00 July...................... 14,600,000.00 August.................. 11, 873. 000. 00 September............... 5,000,000.00 October.................. -······--· ----··•··November ... _........... 12,402,921.95 December_ ... -··········· JO, 5i2, 000. 00 Total.............. 102,352,421.95 426, 0411. 3;-r. rs 428, 041, 37R. 68 436, 093, U!l:l. 81 l=======l=======l=======I==== Grand total.. •.... _ 745,872,216.95 625,100,661.06 436, 093, 986. 81 • 189, 006, 674. 25 PROCESSORS OR DISTRIBUTORS SUB111CT TO PROCIISSINO TAUB [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] 1933 November............... December................ fl, 333. 69 14, 400. 00 $7,333.69 ········•·-········- 1--------1-------1 Total.............. 21, 733. 69 7. 333. 69 $7,33.3.69 7. 333. 69 7,333.69 1934 January.................. 3,787.90 6,816.69 February.•••.....••••••••..••........ ···-··· _ ..•.... ·- .. ......... 505. 69 H, 150. 38 13,150.38 8. 72'2. 38 9,290.06 2,473. 3; I, 973. 37 I, 467. 68 13,250.38 I, 467. 68 $1,000.00 tJl~!:::::::===::::=:::::: .............~~'.:~. ·······- ·-···c,01:as· ...........~~~: ~6 ~~t~n\.iMir::::::::::::::: :::::::::::::::::::: :::::::::::::::::::: • ~~: ~ December.•...••••••••••. -··········- -•···•·- ...........•.•...... Total •••••••••••••• 4,356.58 7,384.37 Bee footnotes at end of table. Digitized by Google REPORT OF REC'ON~THlTTION FINANCE CORPORATION 67 6.-Anwunl of authorizations, disbursements, repayments, and other reductio11s, and amoimt ,rntR/anrling frvm Feb. 2, 1/J.:32, to Dec. 31, 1938, inclusive, by classea and months--Co11ti11ucd TABLE PROCESSORS, OR DISTRIBl'TORS SUBlEfT TO PROCESlllN0 TAXES-Continued Year and month I Amount of authorizations 1 Ammmtof disbursomoats Amount out• standin~ at end of period Amount of repay. n1ents nnct olher reductions 1935 January _____ ---······-··- ------------·-- ----- ------ -- -- -- -------Noveml:>er _______ ······-- -------------------- ------ -------------December ___ •••.••• _••• ______ -----·- -·-·-- ___ .. _--------·--- ____ _ Total ••••..••..•... $567. 68 267. 68 I, 467. 68 Grand totaJ. ______ _ STATE Fusos CREATED FOR $9()0.00 300. 00 267. 68 $26,089. 2i THE $14,718.06 14,718.06 PURPOSE OF INSURING REPAYMENT OF DEPOSITS I====== OF PUBLIC MONEYS [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] 1933 October_·--····-····----$5, 88i, 715. 88 ____________________ --············-····· ····---··-········ November-····--··--·--- ·-·--···-···--·----$5,887,715.88 ---······---·-·-···$5,887,715.88 December.·-·-·---------··-------·--·-··----- -------------------$74,750.14 5,812,965.74 Total.. ____ ._. __ . __ 5,887,715.88 5, 88i, i15. 88 I 74,750.14 5,812,965. 74 11134 Janu.1ry··---·-··-- --··-. - -···--- --- -- -- . -- --- •·--···-----····- --February .. ------·-··-- __ --··-·----- --·-- ---- --····--------·----· March.·-·------·--·---·----··--•-------·-·-- -···----------··---April._. ___ ... _._ .. _. __ . __ . _-·---- ______ .. ---- ---·-·-·---·-------May.-···----·-······---2,500,000.00 --·-······· -··--- __ June.·-----····--···--·-- ----·-·---·-- _______ 2,500,000. CO JulY-·-·-··-··-·-·-·--·--- -·-·--··-·--·----··- ----······------·--· AU!(USL ____________ . ____ ·-·-·--··---------·· ····-······-·-··-·-September_. ______ ._ . _____ ---·-----·-- ________ -----·--·---·-··---October ____ . _____________ --·-----------·- ____ -·-·--····-··------November. ______ ---·---- -····---·-···-- _____ ---·········-------· December_··-··-----------------·-··-·•··---·--·······--·--·····Total.._ ••• --··•· •• 2, 500, 000. 00 2, 500, 000. 00 324,650, 95 433,516.88 892,527.88 1,518, i37. 55 869,746.64 801,057.53 835,951.34 534,440.83 3f.9, 1.14. 88 500, 14fi. 03 423,985, 61 330,473.67 5,488,314. 79 5,054,797.91 4, 162, 270. 03 2, 643, 532. 48 1, 773, 785. 84 3,472, 728. 31 2, 636, nn. 97 2, 102,336.14 1, 733, 181. 26 1, 233, 036. 23 809,060.62 478,576.95 7, 834, 388. 79 478,576.95 1935 January·-·-·-·--·-··--·-- ---·------ ___ _ --···-----·····-·--· 478,576.95 --·····-·--·----·• MaY.--··-·-···-·---····· 2,400,000.00 ··---------------·-- ·····-···----· _____ --··-·-----·--•--· June .•..... ·------······-----·-·-····-··---·2,376,915.30 260,159.51 2,116, 75S:79 JulY------·····----·-·-·-- -----·-·---····-··-- ---------·-··--····510,994.28 1,605,761.51 August__ ___ ····-- ___ --· _____ -···· .. -·· _·- ______ -·- __ ····-···· ... _ 95,974.07 1,509,787.44 September.········-···-· _·--··-······-··-·-· ------·········-··-· 102,813.46 1,406,973.98 October·---·-····-··-·-·· --··-···-··--··--- __ --·············-···· 359,776.61 1,047,197.37 November-····--····-·-- -------··--·---- ____ --·----·--···-·-··-37,465.50 1,009,731.87 December·-·········--··· ··-·-----·------ ---· ·-------·-·-··-·--·336,355.40 673,376.47 2,376,915.30 2, 182, 115. 78 673,376.47 JanuarY-·---·····-······· 2,300,000.00 ·····-·-·---··-·---February.·--···-·-·----- -·-------·---···---2,300,000.00 March_. _________________ ··--- _____________________ ---·--···---·· April__·-------·------ ______________ __________ . _---------·---·--·MaY ------------·-·-· ---- -------------------- -------·-----·--···· June .. ----------------·-· ·----------·-------- ---·-----·----·--·-· 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, 7?9, 77 2, 019, 687. 98 1, 868, 647. 72 1, 809, 329. 38 I, 427, 675. 71 I, 295,915.08 1, 228, 375. 99 Total._ .. _--·.-·- __ 2, 400, 000. 00 1936 July •. ·-------·-----·-·-- ------------------ -- -- ---- -········---·- August_ _______________ . __ ·---·-•------ _______ ---···--····---·---September. _______ .---··- ______________ -·---- -----·-·------·---·October_.-··· _______ ---·- _-··- ___ -· __________ -··· _···- ___ -- --··-Total. .. _._._.____ 2, 300. 000. 00 2, 300, 000. 00 I======='=======: Grand totaL __ .. ___ 13, 087, 715. 88 I 13,064, 631. 18 I 2, 973, 376. 47 13, 064, 631. 18 See footnotes at end of table. Digitized by Google 68 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizationa, disbursements, repaymenla, and other reductions, and amount outstanding from Feb. 2, -1932, to Dec. 31, 1938, inclusive, by classes and montha--Continued TABLE BORROWBBS ENGAGBD IN THB FISHING INDUSTRY [Under sec. 5 of the Reconstruction Finance Corporation Act, aa amended] Amount of authorizations Year and month 1 Amount of disbursements Amount ·of repay• ments and other reductions Amount out• standing at end of period 1934 October.................. November······-········ December................ Total.............. 1935 January.................. February................ March................... April...... ............... June..................... August................... September............... October. ................. November............... December................ Total.............. $42,500.00 $25, 000. 00 . . • . . . • . . . . . . . . • • • • • 20,000.00 57,000.00 ••••..•............. ···················- $25, 000. 00 25,000.00 1-------+---------1--------1------119, 500. 00 25,000.00 25,000.00 l=======l=======l=======I======= 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 2,000.00 . ••••...•...••••.•.. 7,500.00 8, 000. 00 480, 369. 77 ............••• •.•.• ..•.•...••..•••••••. ..•••.••..•..••••••• •••.•••.•.....••••.• $2,500.00 ..•..•..•...•••••••• . • • . • •• . . . . • . • • • • • . • '2,500.00 52,500.00 52, 500. 00 75,500.00 78, 500. oo 78, 500. oo 92, ooo. oo 92, ooo. oo 92,000.00 572, 369. 77 ,-------·1-------·1--------1------589, 400. 00 549, 869. 77 2,500.00 572, 369. 77 1936 January.................. .................... February................ .... .............• .. ~:tr ........ _.......... ········· 25, 000. oo 5,750.00 18,500.00 6,833.32 ~ gg ·• ·· · •·· · ·13,880. 23 · June. . ................... 2,000. 00 .•••..••••.......... 80. 00 July.... .. ........ .... ........................ 20,000.00 761. 11 August................... 1, 200. 00 • . •. . . ••.• .. . . . . • . . . 2, 500. 00 Septemher.......... .. . . . . . . . .. . . . . . . .. . . . . . . 1, 200. 00 ...•..• • •......•.. • • November. .... .......... .................... 8,000.00 78,488.88 December.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5, 950. 00 Total. ............ . 28,200.00 67,330.23 578,119.77 569,786.45 589, 53'i. 45 602, 916.6S 602. 831\. 68 62':?. Oi5. 5i 619, 5i5. 5i 620, 775. Si 550,286.69 544. 336.69 95,363.31 544,336.69 13,500.00 3,000.00 2,000.00 1,620.00 6, 153. S5 2,619.99 1,724.99 1,351.66 5,000.00 600. 00 101,840.20 310. 00 532. 836.69 529,816.69 537. 711. 69 56o, 091. 69 579,9~.3-I 577, 31<. 35 590,593.36 589,241. iO 584, 541.70 583,941.70 482, 101. 50 481,791.50 139,720.19 481 , i91.50 670. 02 481, 1::ll. 58 4i9, 3W. 5.S 475,675.58 4i5, 515. 58 475,355.58 475,315. 5S 463, 595. 5S 446,569. i; 436,519.1, 429. 4Sl. 29 351, 98,. 96 351. 977. 96 1937 January............ . ..... 55,000.00 2,000.00 February ................. --•·-··············· ................... . March .................. ___ .. .......... ...... 9,875.00 April.. ................. _. . _... .. .. . .. .. . . . .. 30, 000. 00 May. . ............ . ...... . . . . . . . . . . . . . . . . . . . . 20, 000. 00 June. . ...... . ... . ........ 15,000.00 .........•.......... July...... . .. . . . . . ........................... 15,000.00 August..... ... .. .... ..... 2, 300. 00 .•.................. September............... . . . . . . . . . . . . . . . . . . . . 300. 00 October ......................................................... . November ...................................................... . December .......... .............. .. .......•...................... Total ............. . 72,300.00 77,175.00 1938 1anuary.•.....•.•..........................•... ... . ···-·········· February ............................ . .........................•. March................... 300. 00 . • •. •.. ..•...•...••• April..................... . . . . . . .. . . . . . . . . . . . . 300. 00 MBY •••••••••••••••.•••••..•..•••••.••.•.•••• •••••••••••••••••••• June ............................... . ...... ... . .................. . 1uly.........................................................•.... August . .............•.......................... . ................. September ...•............................•.......... _.......... . October.......•.................................................. November ........................ .. ........ .. .................. . December.....•..............................................•... Total.............. Grand total........ I 1,770.00 3,675. 00 460. 00 160. 00 40. 00 11, 720. 00 17, 021>. 41 10,050. 00 7,037.88 77,493. 33 ' 10. 00 300. 00 300. 00 1130, 113. 54 351. 977. 9'i 809,700.00 719, 675.00 1 367,697. C4 351, 1177-116 i=======>i-=======l======"i===-===-= See footnotes at end of table. Digitized by Google REPORT OF RECONSTHUCTIO.'.li FINANCE CORPORATION 69 6.-Amount of authorizations, disbursements, repayments, and other reduction&, and amount outstanding from Feb. i!, -1932, to Dec. 31, 1938, inclusive, by classes and months---Continued TABLE TOTAL, SECTION 6c OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AB AMENDED Amount or authorizations Year and month t .\mount or disburs,iments Amount or repay• ments anrl other reductions Amount out• standing at end of period 1935 \larch................... $10,000,000.00 ......................................................... . \pril................. .•.. ..•.....••••••.•.••• $10,000,000.00 .•••••••.••••••••••• $10,000,000.00 Total.. •..•........ JO. 000, 000. 00 in. 000. 000. 00 10, ()(JO, 000. 00 l=======l=======I======= 1936 10. ooo. 000. oo 1, :l.50, 000. 00 Julr...................... August................... JO, 000, 000. 00 20, 000, 000. 00 20, oou, 000. 00 1--------1--------+-------- Total. .••..•••• _. __ 11, 250, OJO. 00 10, roo. ooo. oo i========i=======li===~<=oc== 20, 000, 000. 00 1937 March................... 5,000,000. r,o 6,000,000.00 25, O'JO. 000. 00 5, O!)(), 000. 00 5, 000, 000. 00 25, IJ.,0, 000. 00 1--------f--------·I-------- Total.... •• . . . • . . . . 1938 February................ 11,000,000. ()(I 11,000,000.00 ••••••.•••••••. _.• _. 36,000,000.00 11,000,000.00 11,000,000.00 . •• ••••••• ••. • . • .. •• 36, ooo. 000. 00 36,000,000. 00 36,000,000. 00 1--------1--------·l--------f------- Total.... .. . ... .... I====== Grand total........ 37,250,000.00 (') roTAL, AUTHORIZATIONS TO BUSINESS ENTERPRISES UNDER SECTION 5d OF THE RECOXSTRUCTION FIXANCE CORPORATION ACT, AS AMENDED [Direct loans to business enterprises including participations] 1934 ·uoe ____________________ _ $924, 500. 00 3, 13S, 900. 00 ulv .........•.•.•••.•.•.. luc,11st, __________________ _ 4, 2n, 475. :eptrmher ______________ _ oo 4, 012, soo. 00 5, 386, 350. 00 1, 402, 4f>fi. 91 )ecembcr .•...........•.. 6,054, 150. (1() 4,717, 3fJO. 00 2, 4,~e,. :JOS. 45 3,968.80 26,581.89 28,517,535.00 6, i42, 780. 11 116,678. 79 \oYetnber _________ ------ Total. •...•........ 1935 4,831,550.00 4,121,100.00 1936 937, 7,J6. 48 3, Zl2. ,517. 08 4, Jll6, 234. 76 6, 626, 10 I. 32 6, 626, 10 I. 32 =--- 5,638, 150. 00 4, 213, 108. :33 4,061, 7S4. 00 4,389,095. 11 1,907, 767. 64 2,217,094. 26 2, 149,499.91 2,042, 758. 77 3, 23H, 520. 55 4, 235, 210. 82 4,410, 737. 99 3, 777, 486. 28 3, 038, 710. 62 2, 586, 585. 32 3,032,284. 87 3, 040, 5 78. 69 21,117.59 82, (iOI. 59 58,401. 6fi 213,981. 5[1 212,778.00 IIJ7, 061. 13 239, 375. 17 111:i, 000, 52 2:10, 572. 19 273,263.55 320,132.29 465,582.00 8,512, i51. 37 10, li·17, 244. 04 12. 1:,s. 312. 30 14,567,119.48 17, 5!J2, 862. 03 21, 6til, 011. 72 25,832,374. 54 W, 4 lf>, 860. 30 32, 224, 998. i3 34, 538, 320. 50 37, 250. 4i3. 08 39, 825, 469. 77 73,034, 915. 22 35, 677, 235, 72 2,477,867.27 39, 825, 469. 77 5, 719. 771. 93 6,979, 125. 86 \pril..... ..•..•. ... ...••• Total........ ...... I, 642,338.27 ..•...•••......••••• $86, 128. 10 l=======i=======l========I ·anuary.......... •.. ••••. •ehruary................ lfarch................... llay..................... une. •. • •.• . . . . . . . . . . . . .• uly... •. .•• •. • . ... ...• .. \ugust....... .•.. ... .•... leptember. ••••.•... ..... lctobc>r ...... .. . ... .•.... ,ovemher.. ..........• .. )ecembcr... ... ....... ... $2n, 840. oo 1. H:6, 178. 27 $273, 840. 00 •••••••••••••••••••. lc-tober ......•......•••.. 4,189,600.00 10, 97,, o:i3. 33 6. 9!JG, 8:Jo. 00 10. 916, 766. 66 1--------1·------- i=======l=======l=======I== ranuary •.••.... _..•.•.•.. rr!:.'c'hary ••.... - .••••.... .\.pril.. •.................. \fay .•..••••....•.•...•.. lune .................... . July .....•.•••...•..•..... ..\.uirust ....••.••.•...•.... )eptember ______________ . October ................. . ~~~;~i;'::.:::::::::::::: Total. •••.•.••••..• 2 4, 704, 3,50, 00 4, 402, f,22. 20 3, 150, 210. 69 3, 056, 798. II 2, i46, {iOO, 00 4, 180, 382. 55 4, 536, 439. 97 I 5,612, 109. 02 I, 934, 8fJO. 42 3,321, {182. 14 1, 12n. 525. oo 3, 486. 569, 23 4,211,959.39 3, 118,581.91 2,672,841.82 2,315,636.46 1, 464, 704. 60 2,367,413, 12 3, OM, 622. 10 1, 930, 593. 24 2, 159,599. 10 4, 2i9, 286. 66 1,681, 248, 38 3,077,066. 75 403,929.48 443, 162. 47 772, 9,55_ 21 413, 246. 75 850,885.02 581, 1-19. 8:l 584,498, 25 837,442.52 61:J, 876. 16 U81, 627. 80 I, 099, 080. 61 l, 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, 014, 552. 88 57,580, 275. 82 60,877,934.68 61,459,202.45 63, 363, 200. 40 42, 262, 149. 33 32, 293, 553. 53 8, 7M, 822. 90 63, 363, 200, 40 See footnotes at end of table. Digitized by Google 70 REPORT OF RECONSTRUCTION FINANCE CORPORA.TIO~ 6.-Amount of authorizations, disbursements, repayments, and other reduc-tions, and amount outstanding from Feb. 2, 1932, to Dec. 31, 1938, inclusive, by classes and months-Continued TABLE TOTAL, AUTHORIZATIONS TO BUSINESS ENTERPRISES UNDER SECTION 5d OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED-Continued Amount of Year and month authorizations 1 Amount of disbursements Amount of repay. ments and other reductions Amount out• standing at end of period 1937 Jnnuary ___ · ---- _________ . February __ _______________ M arch _______ _____ _______ April__ _______ __ -- - -- -- - -M ay ________ _____________ June _____ ___ ____________ _ July __________ ___________ _ August_ __ __ ____ ___ ___ . ... September .. __ .. _____ ------·-·· October ___ .___ _____ November _. . ·····-· · ··- December __ __.. ... __ . ____ TotaL_ . ___ ______ _ $3, 509, 182. 94 2,061, 681. 21 2, I 2,l, 978. 78 1,414,689, 14 2 1, 274,700. 00 1,751,575.00 2,881,500. 00 977,750. 00 422,500.00 690, 833.32 J, 574, 916. 66 584, 599.96 $1,032,814.08 l, 764, 903. JS 1,081,332.00 5, 031, 263. 62 2, 469, 123. 55 l, 921,595. 97 1,444, 720. 37 2, 516, 504. 71 1,120,295.07 I, 294, 922. 16 573,745.86 3,014,526.64 $1, 443, 228. 13 1,151,487.31 1, 272, 052. 90 795,322.68 667,223.64 868,288.56 834,873.65 993,413. 68 704,755.07 1, 351, 044. 23 1, 004, 569. 61 994,535.26 $62, 952, 786. 35 9, 272, 907.01 23, 265,747.21 12, 080, 794. 62 74, 548, 152. 99 440,133.33 l, 162, 500.00 2,914,374.10 5, 778, 805. 00 2 11 , 458, 952.49 16,131,945. 00 2 18, 728, 480. 65 2 22,560,064. 21 2 14, 643,048.46 18, 959, 299. 12 8, 258, 825. 33 6, 883, 008. 24 365,443.16 568, 244.11 477, 114.42 I, 005, 845. 12 J, 421,922. 63 4, 352, 104. 45 5, 646, 943. 65 5,379,916.62 2 8, 980, 869. 89 10,875, 847.62 7, 695, 979. 31 5, 688, 648. 81 1, 495, 388. 85 933,600.35 940,439.19 713,609.60 687,349. 23 1,875,582.51 842,969.17 1, 389, 656. 19 2 2, 349, 269. 93 4, 578, 707. 39 2, 269, 289. 00 l 1, 184, 585. 34 73, 418, 207. 30 73,052, 1.06 72, 589, S26. 72, 1,761. 1 73,616,335.21 76, 092, j_ 15 80, 896, 831. 63 84, 7,092.06 91, 51 , 692. 02 97, 15, 2. 2S 103, 242, 522. 5IJ 107, 746,586.03 19, 260, 446. 75 107, 746,586.03 '42,691,610. 33 107, 746,585.03 2 l 63, 566, 202. 22 63, 375, 481. 32 67,611,422.26 69,413,322.17 70,466,629.58 71, 076, 4 76. 30 72, 599, 567. 43 73,015. 107. 43 72, 958, 985. 36 72, 528, 161. 61 74, 548, 152. 99 1938 January __ ___ ___ . __ _._. ___ F ebruary .. _. ___ ____ _____ March _______ ________ . .. . April__ ____ __. __._ . . ____ .. May _______ ___ ____ _____ __ June ______ _______ .... ---July ______ __ .. _. _____ __ __ _ Au~ust_ ______ . _. ____ _.. _. September . __ _________ __. October ______ ._ . __. ____ __ November .. _.. __________ December __ .. _____ ___ ____ TotaL _. ___.. __ ____ 127,919,435. 93 52, 458, 879. 79 Grand total. ___ __ __ 291,006, 942.49 150,438,196.36 4 -LOANS TO BUS!NJIBS ENTERPR!S119 [Under sec. 5d of the Reconstruction Finance Corporation Act, as amended] 1934 June_._·- __ -·-· __ -·-·- __ _ JulY-----···-·-----------Au,rusL __ • ___ ._. _______ _ September.-···---------October._ ••• --------·-·-November _·----·-·-----· Deeember·-··----··-----Total. __ ------···-· 1935 $924, 500. 00 3, 138, 900. 00 4, 255, 850. 00 3, 602, 500. 00 4, 306, 700. 00 5,299,150.00 3, 924, 750. 00 -1--------1------6, 315, 280. 11 116,678.79 25, 452, 350. 00 3,363,100.00 t!~i:-:::-.::::::::::::::: i:m:m:~ 1une •. ·-···-·-·-·---·---1uly•• ·--···········-·---· August .•.••••••• ·-·-·---September •••• ·--·----··· October--········-·-·---November.··········---· December••••••• ·-·----·- 10,390,100.00 6,232.980. 00 10,203,500.00 5,236,800.00 3, 5/iO, 275. 00 3,323,284.00 3,708,096.11 M':1-:::::::::::::::::::: 1936 $273, 1!-10.00 1, 916. 1i8. 27 3,232,517.08 4,166,284. i6 6,198,601.32 6,198,601.32 ======,1=======1,======,1====== 1anuarY----···----------- Total •••• ······-··· $273, 840.-00 -········-·-----··-1, 642,338.27 $86,128.10 1,402, 466. 91 937,736.48 3,968.80 2, 058, 898. 45 26,581.89 ~:~:::: 1,571,634.31 21,117.59 ~::u::~ ~~:~:~ ~:=:~u: 3,8915,744.15 4,015,443.83 3,439,670. 76 2,934,408.66 2,280,772.82 2,738,384.87 2,873,828.69 7,749,118.04 ri:g?u~ 1t;::::n 166,378.64 235,675.36 185,635.64 216,860.00 222,825.31 303,386.41 445,775.10 19,429,664.68 23,209,433.15 26,463,468.27 29,181,016.93 31,238,964.44 :~:~::~ 83,673,962.90 36,102,016.49 -1·-------11-------·1------64,167,431.90 32,216,012.05 2,312,596.88 36, 102,016.4' /======/======/,=====,/======= 1anuary_·-·-····--·-·---February_ ••••.••• _. ___ ·-· March_.·-·-·······-·-- __ M'::1.:: :::::::::: :::::::: 4, 350, 300. 00 3, 551, 129. 70 2, 332, 710. 69 2, 448, 398. 11 2, 418, 600. 00 3, 988, 339. 71 2, 655, 987. 11 2, 455, 134. 15 2, 030, 136. 46 1, 342, 204. 60 385, 238.M 392,139.75 M2,9M. 66 332,147.91 803,461.09 Bee footnotes at end of table. Digitized by Google 39, 705. 117. 56 41,968,964.112 43, 881, 144. 51 45, 579, 133. OIi 46, 117,876.67 REPORT OF RECONSTRUCTION FINANCE CORPORATION 71 6.-Amo1mt of authorizat.ions, disbursements, repayments, and other reductions, and amount outstanding from Feb. 2, 1932, to Dec. 31, 1938, inclnsive, by classes and months-Continued TABLE L•>ANS TO Hl'5I'-E:JS :~STERPR.BE9-C rntinurd Amount of Year and month authorizations 1936 June ......•.•••.•.•...•.• July .....••............••• AUJ!1]St .....•..•...•..•.•. t I Amount of disbursements Amount of repay. men ts and other reductions Amount out• standing at end of period September_-------------- October....•.....•.••.... ~ovember ••. ·······-···· December .•••....•.•••••• 3,456,479.97 5, 459, 459. 02 1,754,860.42 2, 799, 182. 14 1, 049, 025. 00 3, 422, 569. 23 $2,200,913.12 2,942,597. 10 1,857,919.94 1, 949, 130. 67 3, 628, 323. 99 1, 537, 288. 38 2,980,141.75 $502,213.45 4S8, 439. 50 807,870.67 527,531.17 603,877.85 966,553.85 1, 066, 263. 911 $47. 876, 576. 24 50, 330, 733. 84 51,380, 78:l. 11 52. 802, 382. 61 55, 826, 828. 75 56, 3n, 563. 28 58, 311, 441. 04 Total. •••.......... 36, 136, 028. 09 29,628, 116, 98 7,418,602.43 58, 311, 441. 04 9E.6, 083. 31 $3, 093, 313. 81 1937 January .•...••...•.•..... February •..••••......... August. ........••••••.•.. September ••....•.•.•.•.• October ..•••....•.•.•.•.• :-!ovember •••.•.•.•.•. - .. December .•• -.......•.•.. 2, 008, 932. 04 1, 8.10, 281. 21 1. 807, t\45. 45 1,027,789.14 I 833, &lO. 00 1,628, 575. 00 2,707,000.00 82fi, 000. 00 3u:i. 500. oo 690, ~33, 32 1,359, Ul6. 66 572,099.96 924. 685. 85 4, 779, 638. 62 2,431,944.07 1,770.075. 51 l.18f>, 517. 04 2, 508, 504, 71 1,120,295.07 1,245, 372. 16 563. 859. 33 2, 872, 669. 50 1, 304, 336. 45 1,097,178.48 1,054,217.21 738,738.13 548,131.23 806, IJ3. 71 761, 8~!. 69 928,550, 80 668,485.05 1, 289, 818. 98 008, 395. 23 863,841.61 57,903,187.90 58, 351, 289. 53 58,221,758.17 62, 262, 658. 66 64,146,471. 50 65. llO, 433. 30 65,535, 128. 75 67, IJ5, 082. 06 67,566,892. 68 67, 522, H5. 86 67,177,009.96 69, 186,737.85 Total ...•.•.•.•.•.. • 16,496.373. 68 21,934,925. 28 11,059,628.47 69, 186, 737. 85 1938 January..••••..••••...•.. February ..••••.•...•.•.• ~larch .....••••.....•.•.. \pr'L ....•.........•.•.. May ...•. ·-·············· June ••................•.• Jul:,- ..................•.. AUJ!1]St ......•........••.• September. ________ ---·-October ..•••.•.••..••••.. Xovcmber ••••.•...•••.•• December .•••••.•...•.••• 365,133.33 637,500.00 1,615,074. 10 4,176,180.00 I 9, 193, \110. 00 11,472,960.00 I 14,000, 214. 65 I 14,261,531. 72 I 6, 053, 446. 97 12,363,766.67 6,541,337.15 2,512,511.93 351,043.16 568,244.11 445,114.42 848,062.12 1, 355, 531. 04 3, 452, 444, 43 4. 990,012.00 4. 961,077.06 I 8, 567, 805. 17 10,417,962.62 7,061,570.63 4, 418, 754. 28 1,300,457.64 822,263, 01 762,832. 75 596,119.98 573,060.89 1,612,636.57 800,910, 96 1,239,384.32 I 1,794,650. 30 .. 246,910.17 2, 155, 2-15. 98 ' 1, 090, 483. 67 68,177,323.37 67, 923, 304. 47 67, 605, 586. 14 67,857,528.28 68, 639, 999. 33 70,479,807.19 74,668,908.23 78, 390, 600. 97 85, 163, 755. 84 91, 334, 808. 29 96, 241, 132. 04 99, 569, 403. 55 17,054,956, 24 99, 569, 403. 511 ' 37, 962, 552. 81 99, 569, 403. 55 ""'~"-············•····· •rril. ..••..•.•••••.•.... ~:~~:::::::::::::::::::::, July ..........•••.•.•••.. 1, 545, 280. 11 Total. ••••••.•....• 83, 193, 566. 52 47,437,621.04 Grand total •••••... 225,445, 750. 19 137,531,956.36 I PURCHASES OF PARTICIPATIONS AND AGREEMENTS TO PURCHASE PARTICIPATIONS IN LOANS TO BUSINESS ENTERPRISES [Under sec. 5d of the Reconstruction Finance Corporation Act, as amended] 1034 AUl!USL .....•....•.•.•.• September .•••••....•...• October .•...••..•...•.•.. November •••.••.•....... December ...•••••........ Total. ••••••....•.. $17,625.00 410,300.00 1,079,650.00 765,000.00 792,610.00 $427,500.00 ••••·•·•••••••••·•·• $427,500.00 -------------------l=======l=======I====== 427,500.00 1935 January ...•••.•.....•.•.• February ...•............ March .•.••.•.•...•...... April.. •••.•.•.••......... May •.••••••..•.••....... June •••••.•••••.•••••.••. July...•••••.•............ August.. •••.....•.•.•.... 3, 065, 185. 00 427,500.00 1, 468, 450. 00 550,500.00 573,300.00 843,000.00 883,500.00 587,933.33 763,850.00 713,266.66 336,133.33 153,250.00 482,999.53 241,500.00 304,000.00 339. 466. 67 395,294.16 337,815.52 $80. 00 6,830.00 45,8.10.00 80.00 682. 49 3,699.81 7,364.88 763,633.33 916,803.33 1, 392, 972. 86 1, 588, 642. 86 1, 892, 562. 86 2,231,347.04 2, 622, 941. 39 2, 953, 392. 03 See footnotes at end of table. Digitized by Google 72 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amour t of authorizations, disbursements, repayments, and other reductions, and amount outstanding from Feb. 2, 1932, to Dec. 31, 1938, inclusive, by classes and months-Continued TABLE PURCHASES OF PARTICIPATIONS AND AGREEMENTS TO PURCHASE PARTICIPATIONS IN LOANS TO BU81NES8 ENTERPRIBEs-Contlnned Year and month Amonnt of authorizations 1 I Amount of repayments and other reductions Amount of disbursements I Amount outstanding at end of period 1935 September _______________ October ________ . _________ November _______________ December ________________ Total. _____________ 1936 January __________________ February ________________ March ___________________ April__ ___________________ May _____________________ June _____________________ July _____________________ AU!!'118t ___________________ September. ______________ October ________ ._. _______ November _______________ December ________________ Total. __ . __________ $3,043, 981. 80 3. 29'), 356. Off 3, 576, 510. 18 3, 723, 453. 28 3, 723, 453. 28 223,619.68 462,594.80 217,707.67 285,500.00 122. 500. 00 106,500.00 72,025.00 72. 673. 30 210. 468. 43 650. 962. 67 143,960.00 96. 925. 00 2, 665, 436. 55 18,690.84 61,022.72 230,000.M 81,098.84 47,423.93 78,936.38 96,058.75 29,571.85 86,344.09 377,749.95 133,426. 76 106,804.81 1,337,130.47 3,928, 382. 12 4, 339, !IM. 20 4, 327, 661. 22 4, 532, 0!12. 38 4. 007, 13~. 45 4, !134, 702. 07 4,610, 1\68. 32 4, 653, 769. 77 4,777,893. 21 5,051, 10.s. 93 5,061, f\3~. 17 5. 051. 759. 36 5, r,51. 759. 36 '6,730, 77 219,623.07 156,646.15 251,625.00 37,179.48 151,520. '6 258,203.33 8,000.00 48,801.68 54,308.83 217,836.69 $104,301.96 305,812.50 2<J3, 900. 00 166,750.00 8, 867, 483. 32 354,050.00 851,492.50 817. 500. 00 608. 400. 00 328,000.00 1,087,068. 74 1,079,960.00 • 152,6/ill.OO 180. 000. 00 522,500.00 80. 500.00 64.om.oo I 3, 461, 223. 67 $13, 712.19 50,438.24 16,745.88 19,806.90 165,270.39 $401,3<;(). 00 662,833.33 738,500.00 681,000.00 6. 126. 121. 24 1937 JBnuary __________________ February _____ .. _. ________ March ___________________ A priL ___ .. ______________ May _____________________ Jnne _____________________ July ______________________ Au~ust ___________________ September _______________ October __________________ November _______________ December ________________ 600,250.00 231,400.00 321,333.33 386,900.00 440,900.00 123,000.00 174,500.00 151,750.00 119,000.00 -------------------215,000.00 2, 776, 533. 33 49,550.00 9,886.53 141,857.14 1, 330, 821. 93 75,000.00 525,000.00 1, 299, 300. 00 1, 602, 625. 00 2, 265, 042. 49 4, 658, 985. 00 4, 728, 266. 00 8, 298, 532. 49 8, 589, 001. 49 6, 595, 532. 45 1,717,488.18 4, 370, 496. 31 32,000.00 157,783.00 66,390.69 899,660.02 656,931.65 418,839.56 413,064.72 457,885.00 634,408.68 1, 269, 894. 53 12,500.00 Total ______________ 5, 049, 11118. 46 5,214,912. 69 5, 153, 723. 15 5, 348, 763. 60 II, 266, 850. 67 5, 356, 196. 28 11,541,347.M II, 484, 484. 77 II, 44R, 214. 75 5, 436, 539. 50 II, 350,251.65 5. 361. 415.14 5,361,415. 14 116,584.55 119,092.41 62,174.85 73,052.06 64,862. 78 36,270.02 61,225.25 96,174.38 130,693.611 1,021, 166. 15 1938 January __________________ . ____ ----·-----Fehruary March ___________________ A priL ___________________ May _____________________ Jnne _____________________ Jnly ______________________ August ___________________ September _______________ October __________________ November __ --------·---December ----··--------- I I I I 14,400.00 Total •• -----------1==44,=7=2=5,=8=69=.=41=1===5=,0=2=1=,2=57=·=85=1 Grand total________ 65,561,192.30 I 12,906,240.00 I I II, 240, 00. 93 5,129,546. 59 4, 983, 940. 15 11,024,233.53 4, 976, 335. 88 II, 613. 049. 96 6,227,923.40 6, 496, 491. 09 6, 354, 936. 18 6, 481, 02.1. 96 7, 001, 3'9. 62 8, 177, 182 48 134,931.21 111,337.34 177,606.44 117,489.62 114,288.34 262,945.94 42,058.21 150,271.87 554,619. 63 331,797.22 114,043.02 • 94,101.67 ' 2, 205, 490. 51 j===8=•=1=77=•=1S='2=.48= , 4,129,051.52 I s. n1. 1s2. « TOTAL, LOANS TO PUBLIC BODIES TO AID IN FINANCING PROJECTS AUTHORIZED UNDER FEDERAL, STATE, OR MUNICIPAL LAW [Under sec. 5d of the Reconstruction Finance Corporation Act, as amended) u:~ 1938 1 - ____________________ --------$337, ooo. oo- ________________________________________ --·-·-··-- _______ _ June_____________________ 5,900,491.81 July---------------------1,035.000. 00 $2,426,991.81 ____________________ $2,426.991. 81 August _____________ . ____ . 1 6,630.000. 00 2,426.901. 81 September ___ ------ __ ._.. • 22,025,000.00 2,161,000.00 4, 5-'>7, 991.81 October__________________ 47,622,100.00 17,195,525.92 $17,069,525.92 4. i2.1. 991.81 November_______________ 3,302,500.00 206,000.00 ____________________ 4,929,991.81 December --- ___ ---- ______ t---=3,'-::8:--:13:-.-:-0:::36=-."'oo=-~---,:::3=-,6:::7:-:-1'-:,53=6.-::00::--l--:-'-:-l::'-,-::800-::::'-, 036=-.oo=-·1--_;,6:...,h()_l,:...4_9_1....,.81 7 Total ____ ---------- 1=='is9:a'0,=::7ci'55a",=i'l27~.a=:8'c=t:==s2ai5c'=,66~'·=,0;,53,i'.'i;7ii'3=1===c'=cl8-;f.,~eai59~,~56ail=;.92~,[==~6,=80~1'=4~9=1.~81 Grand total________ 90, 755,127.81 25,661,053. 73 ' 18,859,561.92 6, SUI, 491. 81 Bee footnotes at end of table. Digitized by Google :, .:.:: REPORT OF RECONSTRUCTION FINANCE CORPORATION 73 6.-Amount of authorizations, disbursements, repayments, and other reductions, and amount outstanding from Feb. 2, 1932, to Dec. S 1, 1938, inclusive, by classes and months-Continued TABLE TOTAL, SEC. 69 OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS AMENDF.D [Loans on the assets of closed banks and trust companies] Amount of authorizations Year and month Amount or disbursements 1 Amount of repay. ment ~ an<l nt her reduc~ions Amount out• stanrlin~ at end of period 1934 July...................... $17,216,47'.66 $17,216,395.49 ................... . Au!!IISt................... .......•............ .......•............ ~35, 937. 38 SeptPmber............... .............•...... ......•••........... 204.111.45 October.................. 12,0/U,315.61 22.500.00 142,394.72 Novemhcr .•. ............ ............ ........ 1,100,079.17 153. 737. 73 December.. . . . . . . . . . . . . . . 49, 801. 26 6, 900, 000. 00 3, 469, 866. 81 $17. 216. 395. 49 rn, 780. 458. u rn. 576. 346. 66 16, 456, 451. 94 17,402,793.38 19, 832, 926. 57 Total. ....•.•...... 29,347, 591. 53 24,238,974.66 4, 406, 048. 09 19. 832, 926. 57 l=======l=======l========I======= 79. 98P.. 24 13,211. 53 4. 495,635.95 15,350,502. 16 Fehruary .••.••• •••••..... 102. 05P. 90 48, 9.5.5. 12 1,495,516.99 13,903.940. 28 l\farch.. .•... .•....•.•.. 193, 0.54. f\.1 82, 387. 25 1,658,318. 15 12, 32~. 009. 38 ~ priL... ..... .. . .... .... 110, 118. 91 92. 672. 4~ 1,672.941. 17 10,747. 740. 69 May..................... 82, Rll7. 05 103, 21\l. 78 910,648.62 9,940,353.85 June..................... 11,231.136. 44 91,233.42 6, M7, 406. 73 3,444, 180. 54 July...................... 111. 000. 00 10, 468, 138. 63 2, 219, 715. 11 11, 692, 604. 06 August................... 164. 430. f,5 84,471.17 2,260,240.37 9,516,834.86 September............... 75. 135. 91 42,367.47 770,977. 06 8, 78-~. 225. 'Z1 October.................. 8,594.84 63,605. OR 7,310, 770. 92 1, .541, 059. G November............... 8,690.00 31. 443. 48 21. 775. 59 1,550. 7'ZT. 32 December................ 23, 500. 00 652, 657 07 25, 176. 81 2, 178, 207. 58 1935 January.................. Total.. .•..••...•.. 1 - - - - - - - - 1 - - - - - - -1--------1------- 12,190,576.57 11, 7i4, 404. 48 1936 January.................. 817,792.59 2", 380. 11 February.•.•..........•...•••........•...... •········•···· ··· ·· · March................... 26, 29R. 85 15, 4R4. 77 April................. . . . . 23, 750. 00 40, 283. /i4 May..................... 4. 426. 14 265. 670. 17 June..................... 27,578.98 62, 730. 24 July...................... •................... 9. 730. 19 Auimst....... .. ... .. ..•.. . .•........... .. ... . 19,843.01 Beptembm-..•............ 13. 173. 07 •••••••••••••••••••• October.................. 151, 6%. 98 24,287.80 November............... 71,251.47 .•••.•••••....•..•.• December ... _............ 131,590.43 JO, 493. 74 29,429,123.47 2,178,207.58 973,815.47 33,649.83 27,036. 63 23, 550. 36 !lO. 561. 69 40,041. 16 41,535.47 62, 260. 33 16,004.49 31. 750. 86 23, 882. 00 34, 604. 18 1,232,772.22 l, 199,122.39 I, 187,570.63 1,204,303. 71 1,439,412.19 1, 41l2, 101. 'Z1 1,430,295.911 1, 387, 878. 67 1,371,814.18 1,364,351.12 1, 340, 469. 12 l, 316, 358 68 Total. •••.....•.... 1------ 1, 338,752.47 1,316, 3;,s. 68 1. 267, 5/i8. 51 476,903.57 1937 l=======l=======l========I======= January.................. 74. 758. 67 33,065.45 1, 283. 293. 23 1, 28.1, 678. 48 40,573.66 February................ 43. 5M 68 40. !AA. 41 March................... 62,737.09 27,578.62 1, 256, 099. 86 21,400. 77 • priL .. . . . . . . . • . . . . . . . . . . 1, 204, 000. 00 23. 084. 65 1,257, 777. 74 1,231,935.98 May..................... 1.54, 800. 00 30,596.44 56. 438. 20 1, 203, 409. liO June..................... 359,447. 82 28,526.48 23,145.92 July...................... 54,000.00 75. lfi9. 55 1, 255, 433. 13 1, 192, 018. 98 71,414.15 Au~ust..... ..•........... I, 457, 186. 64 8. 000. 00 1,171,623.40 September............... 21,349, 3M. 17 7. 059. 47 'ZT, 455. 05 1,174.123. 87 October.................. 167. 300. 00 29. 940. 00 'ZT, 439. 53 101, 3<4. 31 1,233,918.41 !\ovember .. ............. • 37,525.00 41,589. 77 3,407,041. U December................ 110,600.00 2, 429, 015. 79 255,892. 79 Total.............. 1-------1 3,407,041.41 • 25,075,307.07 2,744,823. 87 654, 141. 14 1=======1=======1,=======1======= 1938 January.................. 19,868,888.12 159.292.62 267,676.73 3, 298, 657. 30 February................ 163,750.00 59,415.61 89,326.32 3, 26~, 746. 59 3, 34,, 4~3. 97 March................... 251,600.00 123,111.84 43,374.46 6, 880, 591. 54 April..................... 212,239.00 4,322,578.48 790,470.91 '-lay..................... 402,500.00 287,318.95 334,551.60 6. 833, 35>!. 89 6, 146, 463. 89 June..................... ,ol, 252. 18 84, 84-8. 07 771,743.07 5, 499, 960. 95 July...................... 2R,750.00 121,3S7.87 767,890.81 4, 614, 8fi3. 74 Au1mst................... 24,318 00 92,399.16 977, 50f>. 37 September............... 87,500.00 120,581. BS • 587,507.11 4,147,928.46 October.................. 800. 00 141, 520. 18 510, 704. 24 3, 778,744.40 3,631,323.15 1':ovemb!'r .. .... ...... ... .54, 925. 00 180,078.14 327,499.39 3, 8S5, 46fl. 70 December.•.............. _ _ _ _2_0.c.,_oo_o_.00_ _ _ _ _2_8_1,_0_53_._8_9. _ _ _ _56-'-,_91_0_.34_ 1 1 3, 855, 46tL 70 Total._............ 21.164,522.30 5,973,580.64 I • 5,525,161.35 I Grand total. ....... '==~8=9=,0=4=5,=5=55=.=98= 45,208 693. 221==='4=1=,3=53=,=2=26=.=52= '===3,=8=55=,=46=6=.7=0 Ece footnotes at end of tablP. Digitized by Google 74 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repayments, and other reductions, and amount outstanding from Feb. S, 1938, to Dec. 31, 19t8, inclusive, by classes and months-Continued TABLE LOANS ON SELF;LIQUIDATINO PROJECTS [Under sec. 201 (a), title II, of the Emergency Relief and Constmction Act of 1932, as amended] Year and month Amonntof anthorizations Amount of disbursements 1 Amount of repayments and other reduction.~ Amount outstanding at end of period 1932 Septembec_ ______________ October__________________ November_______________ December________________ -------------------- -- ---- - - -- --- ------------------------------------------- -------------------- --- ---- - - - - - -- - -- - $53,105,000.00 79,932,880.00 4,324,744.00 8,412,910.24 $360, 000. 00 15,377, 000. 00 -------------------- $360, 000. 00 15, 737, 000. 00 -------------------1--------1-------,--------1------TotaL _____________ 145,775,534.24 _______ ----- ---- - 15, 737, 000. 00 15, 737, 000. 00 _.., 1933 January__________________ 8,945,100.00 Febmary________________ 24,810,372.20 March___________________ 17,759,425.35 April_____________________ 5,001,678.47 May_____________________ 1,784,525.64 June_____________________ 16,233,801.56 July _________________________________________ _ August ______________________________________ _ September _____________________________ .. ___ _ October__________________ '2,180.24 Nove1nber __________________________________ _ December________________ '1,123.80 TotaL ____________ _ 74, 538, 207. 26 ----- ------------------------------------- -- -----------$20,000.00 20,000.00 7,000.00 18, 337,000. 00 18, 664, (JOO. 00 20, 684, 000. 00 25, 126, 000. 00 27, 113, 262. 06 29,457,240.46 36, 811, 285. 97 40,220, 148. 15 46, 658, 661. 57 53, 895, 113. 20 57, 629, 061. 07 60, 781, 605. 70 45, 105, 105. 70 60,500.00 60, 781, 605. 70 6,841, 70,'r. 20 752,344.00 7,473,840.60 2, 448, 986. 08 6,372, 748. 88 4,574, 251. 26 3,580,790.34 11, 283, 562. 64 4, 014, 385. 13 2, 022, 201. 19 7,190,579.54 5, 696, 941. 13 2~,499.46 2, 334, 000. 00 1,008,667.50 32,487.46 617,004.02 43,012.55 562,878.78 185,745.00 131,625.00 1,019,382. 37 2, 363, 500. 00 2,400.00 67, 341,813.44 65,760,157.44 72, 225,330. M 74,641,828.17 80,397,573. (J:! 84, 928, 811. 74 87, 946, 723. 30 102, 927, 301. 07 103, 1130, 119. 89 108, 757,199.43 114,451, 740. 5G 62, 252, 336. 99 8, 582, 202. 13 114,451, 740. 5G 2,727,873. 79 3, 727, 000. 00 5,083, 975. 31 2, 228, 000. 00 3, 027, 000. 00 9, 158,389. 19 2, 931, 500. 00 6, 345, 955. 52 13, 650, 000. 00 2,843,000.00 4, 960, 558. 33 3, 040, 000. 00 46,395.34 1,318,500.00 1553,008.45 63,500.00 10,986.73 3,929.29 831,024.10 156,856.64 68,254.68 2, 808, 563. 42 18,000.00 29,871,614.32 59, 723, 252. 14 35, 750, 632. 97 138, 424, 359. 73 7,463,054. 95 3, 029, 480. 51 4, 929, 626. 03 4, 085, 000. 00 9,027, 574. 84 1,479,000.00 5, 942, 044. 44 5, 862, 402. 84 4, 428, 000. 00 4,710,882. 89 3, 600, 000. 00 3, 600, 000. 00 49,896.03 1, 371, 661. 02 573,443.76 131, 7111. 91 65,000.00 5, 536, 361. 24 138, 262. 06 28,000.00 41,331.65 33,147.64 80,352.36 2,215,470. 51 145,837, 518. 66 147,495,338.14 151, 851, 520. 41 155, 804, 788. 50 164,767,363.34 160, 710, 002. 10 166, 513, 784. 48 172, 348, 187. 32 176,734,855.67 181,412.590. In 184, 932, 238. 5G 186, 316,768.05 58, 157, 066. 50 10, 264, 658. 18 186, 316, 768. 05 2, 600, 000. 00 327,000.00 2, 020, 000. 00 4,442,000.00 2, 007, 262. 06 2, 363, 978. 40 7, 361, 045. 51 3, 408, 862. 18 6, 438, 513. 42 7, 246, 451. 63 3,733,947.87 3, 156, 044. 63 - ------- ----------- -------------------10,000.00 -------------------3,500.00 1'934 January _____________________________________ _ February________________ ' 124. 63 _ March ______________________________________ April__ ______________ - --- - -- ---- ------------·May _____________________ -------------------June_____________________ , 484. 94 July __________ ------ -- -- -- -- --- -- -- --- - ---- - -August___________________ 15,000,000.00 September_______________ 315,000.00 October__________________ 7,703. 79 November __________________________________ . December________________ 10,010,000.00 TotaL ____________ _ 25, 333, 313. 36 1935 January _____________________________________ _ ~!~ary ___________________________________ _ tfa1-------------------____________ ooo. oo_ i~;--------------------- ______ 36,ooo, ooo. oo_ 53, August___________________ 7,000.00 Septebm ber________________ -- -------- -- ------_ October _____________________________________ November _______________ -------------------December _______________ -------------------TotaL. ___________ _ 36, 060, 000. 00 99, 044, 540. 94 117, 133,219.01 119,541,719.01 124, 072. 685. 87 126, 237, 185. 87 129, 253, 199.14 138,407,659.04 140, 508, 134. 94 146, 697, 233. 82 160, 278, 979.14 160,313, 415. 72 165, 255,974.05 138, 424, 359. 73 1936 Janusry _________ ------- __ -------------------February________________ 5,432.50_ March ______________________________________ April__ _________ -_- __ --- -- -------- -- --- -- -- -- May--------------------57,500,000.00 June ________________ ----- -------------------July ____ ---- -- -- --- -- --- -- -- --- -- ----- -- --- -- August ___________________ -------------------September ________________________ ----------October _____________________________________ _ November _______________ -------------------December________________ -------------------Tota!_ ____________ _ 57, 505, 432. 50 I====== See footnotes at end of table. Digitized by Google REPORT OF RECONSTRUCTION l!'INANCE CORPORATION 75 6.-Amount of authorizations, disbursements, repayments, and other reductions, and amount outstanding from Feb. 2, 1932, to Dec. 31, 1938, inclusive, by classes and months-Continued TABLE LOANS ON SELF-LIQUIDATING PROJECTS-Continued Amount of Year and month authorizations I I Amount of di.:ibursements Amount of repayments and other reductions Amount outstandin~ at end of period 1937 January__________________ $5,000.00 February ___________________________________ _ ~.[arch. __________________ _______________ - . --- April_____________________ 60,000,000.00 'hy _____________________ -------------------- June _____________________ -------------------July ______________________ ------------ -------- August __________________ . ___________________ _ St'ptember ______________ . ___________________ _ October _________________ . ___________________ _ Noven1ber _______________ -- -----------------Deccmtx-r ___________________________________ _ $5,184,000.00 6,525, h\16. V2 I, 837,000.00 6,572,704.08 3, 600, 000. 00 3,384,000.00 3,600,000.00 1,800,000.00 4, Oli2, 144. 15 3, fiOO, 000. 00 1,800.000. 00 3,600,000.00 __, $21,049.56 13,000.00 57,500.00 87,066.35 64, 802. II 41,662.61 105,398.37 58,800.00 31, 100. 00 92, 500. 00 41,911.62 54,578.02 ________ ________ , Total. _____________ '===60=·=00=5,=000=.=oo=i,==4=5=,585==·7=4=5.=1=5='====6=69=,=368=.64= 1938 January__________________ 58.~. 000. 00 February________________ 165,000.00 March ___________________ -------------------Apri!_______ __ __________ __ __ __ ___________ ___ __ ~lay _______________________________________ . _ June_.___________________ _____________ ___ ___ _ July __________________ .___ ______ _________ __ ___ August ___________________________________ . ___ September ___________ .___ 125,000.00 1,800,000.00 1,800,000.00 3,600,000.00 3,932,000.00 3,548,882.98 I, 476,000.00 5, 8fi0, 125. 91 I, 476,000.00 1,476,000.00 I, 476,000.00 Octob<-r. _. ____ _______ ____ _____ _________ __ ____ Noven1her ___________ ---- -------------------- -------------------December___________________________________ 4,384,125.91 $191,479,718.49 197, W2, 615. 41 199, 772, 115. 41 206, 2,,7, 753. 14 209, 792, 951. 03 213, 135, 2ii8. 42 216, fi2U, 800. 05 218,371,000.05 222,422,134.20 225, 9W, 634. 20 227,687,722.58 231, 233,144.56 I 4, 107,005. 79 3,216,554.03 ll7, 200. 00 489,971.83 84,010.23 6, 065, 926. 83 64,089,207.42 I, 500. 00 91,000.00 70,000.00 44,382.16 13,582, 9.19. 75 231, 2:l3, 144. 56 228,926, 138. 77 227,509,584. 74 230,992,384. 74 234, 4:14, 412. 91 2.17, 899,285.66 233, 309, 358. 83 185,080,277. 32 181l, 5M, 777. 32 187,938,877.32 189,344,877.32 189, 3(Xl, 495. 16 180, 101,681.32 Total. _______ . ____ _ 875, ooo. oo=l===3o=·=829=,=13=4=.80=l==•"'8=1,=oo~,o=,=5os=.=04=l,==1=so=·=10=1=,68=1=. 32 I====== Grand tot,.(. _______ 400,092,487.36 317,389,641.28 I 137,287,959.96 180,101,681.32 I LOANS FOR FINANCING REPAIR OF DAMAGE BY EARTHQUAKE, FIRE, TORNADO, OR CYCLONE IN 1933 [Under sec. 201 (a) (6), title Il, or the Emergency Relief and Construction Act of 1932, as amended] 1933 May_____________________ $1,000,000.00 June_____________________ 9,450 000.00 July _________________________________________ _ August_ ___________________ ----------------- -- September _______________ October _____________ ----Xovember _______________ December___________ ----- --- ---------------- -------------- -------------------------- ------ ---- -- -- -- -- $1 18, 200. 00 5fi0, 695. 00 492, 92.5. 00 442,786.00 301. 766. 61 305,686.50 258,845.22 280,082.56 -------------------$2,100.00 8,675.00 22,000.00 5,150.00 40,325.00 11,525.00 1,000.00 $JIB, 200. 00 676, 795.00 1,161,045.00 1,580.931. 00 I, 877,547.61 2,142,908.11 2, 390, 228. 33 2 669, 310. 88 2, 760, 985. 88 91. 675. 00 2, 669, 310. 88 1. 566, 897. 78 I, 313,142.53 2, 527, 798. 81 76,059.80 26,463.68 29. 123. 75 30. 839. 33 49,884.99 23,869, 63 20,598.92 11,218.61 22,608.51 81,937.00 JO, 825.()o 15,100.00 21,536.29 3, ll50.00 1,525.00 19. 372. 61 22. 338. 43 3,612.50 22. 520. 52 10,472.09 71,060.00 ., 154,271.66 5, 456, 589. 19 7, 969, 288. 00 8,023.811. 51 8, 046, fi25. 19 8. 074. 223. 94 8, 085, 690. 66 8. 113, 237. 2Z 8. ma, 494. 35 8,131,572. 75 8,132,319.27 8, 082, 977. 78 5. 698, 506. 34 284,839.44 8, 082, 977. 78 :--------1--------1--------1------- Tot~~;~- ____ ------1l===I0=•=4=50=·=000=.=OO=I,======= January _____________________________________ _ U~' li":'?.-_~: :: ::: :::::::: :::::::::::::::::::: April__ ___________ -------- - --- ---------------- May ________________________________________ _ Tune ________________________________________ _ Tuly_________________________________________ _ August. _____________ ---- - ----------------- --- September ______________ - ------------------ -October ____________ ----- - -------- -----------November ______________ - -------- ---------- -December_____ -------- - -- -------------------- - -. ____________ -----1 Total_ _____________ l , ______ _ --------1--------1------I See footnotes at end of table. Digitized by Google 76 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repayments, and other reductions, and amount outstanding from Feb. 2, 1932, to Dec. 31, 1938, incl,uive, by classes and months-Continued TABLE LOANS FOR FINANCING REPAIR OF DAMAGE BY EARTHQUAKE, FIRE, TORNADO, OR CYCLONE IN 1933-Contlnued Year and month Amount of authorizations Amount of repay• ments and other reductions Amount or disbursements 1 1935 Januarv.................. .•............••••.. $30,392.32 February.................................... 728.86 March....................................... 2,260.00 April.. ..•..•..........•.....•...•.........••• ··•••••·•••···••···• May..................... . .• •.• .. .. . ...••..•. 29, 750. 00 June .•.•..............•.....•.•.•.•.•..••••.• ·•··••••••··•··•···· July.......................................... 3.600.00 August..•..................•••••••••.••••••.•.••••••.•••••••••••• September .•••...............••.....•••••.....•.•..••.•••••.....• October.................. . • .. .. .• ••. . . • • • .. • • 262. 60 November............... . . . ... . . • . . . . .•. .. . . 1, 200. 00 December•....•.......•........••..................••.••••••••... $«.359.82 8,680, ol6 2,835.00 31,384.37 I. Mt.14 18. 142.80 41,382.00 12. 235. 60 11, 2:79. 60 28,238.72 71. 272. 40 1. 744,86 $8 069. 010. ~ 273,099.67 7,878,061. 79 61,610.59 4,264.50 6,483.25 26,699.08 21,516, 50 4,067.25 66,693.11 8,802.21 9,068.25 34,877.55 94. 108.00 621,107.93 7, 827, 35 I. 20 7, 823. 086. 70 7,816, IJ(l3.45 7, 790. 004. 37 7, 768, 487. 87 7, 764, 420. 62 7, 697. 7T,. 51 7, 688, 925. 30 7. 6i9, 857. 05 7. 644, 979. 50 7, 550. 871. 50 6, 930. 063. Sl 949,198.22 6, 930, 063. rll 74,962.89 13, 015.op 7.055. 72 40,254.85 15,286, 17 16,136.67 62. 208. 82 12,571.00 2, 300, 563. 00 35,576. 72 5,729.20 8,933.26 6, 855, 110. 68 6, 842. n~.,. 68 6. 8.15, 0'.!9 96 6, 794, ; 85. Il 6, i79, 498. 94 6, 763, 594. 47 6, 701, 385. 65 6, 688. 814. 65 4, 388, 251. 65 4, 352, 67 4. 93 4, 341\, 94i. i3 4. 338,012.48 2, 592, 283. 29 4; 338. 012. 48 74. 631. 48 36,158.01 58,080.17 72,076.52 146, 13!. 75 181. 396. 60 2. 957, 199. 40 2,006.30 11,296.18 2,368.67 2,384.02 • 15,829.99 4. 263. 38 l. 00 4. 097, OM. 30 3, 9.',0, 934. 55 3. 769, 5.1,. 9.S 812,338. 5.1 810,332.25 809. 036. 07 • 3, M9, 558. 99 788. 45.1. 49 ' 7, 740. 654. 61 788,453.49 68, 183, 68 Total. •••.............................. 1936 January.................. .•....•............. IIOO. 00 February...•.•....•.......................... •···•·············· March .......................................................... . April ...•••....•.•..•.......•..........•.•.•....••.•.••...••••.••• ~~t:::::::::::::::::::: :::::::::::::::::::: :::::::::::::::::::: July ............................................................. . August .......................................................... . September ...................................................... . October ......................••...•.•••..•......•.•...••••••..... November ...................•.....••.•..••..••....•..••••....... December................ . • . ..... .• ..••...... 300. 00 Total .........•......••....••.......... 1,200.00 1937 January ................••.........••.•........•••.•.••..•.•••.... February ••.........•••...•.•.•.•••.•.•...........•.•.••......... March .........•..........•••...•..•..............•.•••••........ April.. ..............•.•...•••••••••••.•...•............•......... May ......................••..••••......•.........•••.•••........ June..................... $232. 20 232. 20 July .•..••••....•.•••..•.....•.•.••••..•.•••.....•.•...••..•••.•.. August .......•....•..............•....•........•.....••..••...... September ..•.....••.........•..•..•.•........•......••..•....... October...........•••.....•..........................••.•••...... November ..•.......•.•...................•...........•.•••.•.... December.•.........•.....•.............•......•..•.•...•••...•.. Total ...•....•..... 232. 20 232. 20 1938 January ........................................................ . February .......•............••.•....•.••.•..........•••..•••.••• March .. ·····•··----·· .......................................... . April.. .......................................................... . May ..•.........................•.........................•...... June ..•.••...•.•..........•..••..•........................•••.... July ....••.•.•••.......... ···············•···· ............••••..•. August .......••..............•.•....•.•...•..••....•........•..•. September ..••............•....••.........•...•........•.••••.••• October ...•.••......•.........•.........•........••.....•••...•.. November •.•.........•...••.••.••......•.... ·····-·············· December.•.••........•...•.•••.•.•.....•.....•..•....•.•••...... Total. ••••••..•.....•..••••••.•••••.....•••••.•.•.......... Grand total. .•..... 10, 450. 232. 20 I 8, 529, 108. 10 Amount outstanding at end of period See footnot£s at enh ol table. Digitized by Google 8. 061, 058. 68 8, ooo; 473. 68 8, 029, 089. 31 8,057.295. 17 8, 039, 152. 37 8. 001, 370. 37 7, 989, 134. 87 7, 977, 855. 27 7, 949, 879. 05 7. 879. 8()6. 65 7. 878. 061. 7V 4, 227, 222. 99 4. JR9. 142. 82 806. ~67. 50 4-8 788, 45.1. 49 804, 2'3 77 REPORT OF RECONSTRUCTION FINANCE CORPORATIO~ 6.-Amount of authorizations, disbursements, repayments, and other reductions, and amount outstanding from Feb. 2, 1932, to Dec. 31, 1938, inclusive, by classes and months-Continued TABLE LO.ANS FOR FINANCING OF EXPORTS OF AGRICULTURAL SURPLUSES [Under sec. 201 (c), title II, of the Emergency Relief and Construction Act of 1932, as amended] Amount of Yrnr and month authori1nt '.on~ AIT!onnt of d :shursemcn t-, 1 1933 July ..... •--·------------· $52,851,247.22 August ... ------··-····-·29, 2115.... 58 . September. _________ ........ _____________ October ...... ________ ... _ ..... ··-· .. ··-·-·· .. November .. -------·····- ··---•···-·-···-···. December..... _________ ..................... . 52, 880, 1;42, 80 Total.._.---------1934 January _________________ . February ________________ March.·-··-·-----·--·-•\JlriL.--·------···---·-\faY.----·----·-··---·--· Junr .. •----·----·-·--·-·· JulY.·-·····-··---··--·-·- ·-· .. ________ ...... . ··--------·-· .... ·-· -····----······· ·-·· ··•·---·-· ·-· ··-···· -·-·--·-·-·······-·· ·-···---·-·--·····-· ··-····-·-··-···-··· AU!;USt .... ·-·. __ •.. ·--- ... ··-·-·· ·-·--· .. ·-·. September _______ ·---·· .. --·---·--- ...... _... October. ________ ...... _.. 353, 762. 80 :N'°oYernber __________________________________ _ December_______ ·-·--·-·· 136,649.62 Total ___ ----·----·· 1935 400,412, 42 Amount outstandin7 at end o! period A mount f;f rC'paymr1 ts Rnd 0ther rrciuctions $1,497,503.38 1, 003. 900. 01 341,170.88 257. 538. 30 609. 080. 03 2, 533, 445. 78 $55,857.49 38,004.59 17, 6.'l6. 57 135,975. 72 $1, 497, 503. 38 3,401,493.39 3, 686 806. 78 3, 906. 280. 49 4, 497, 723. 95 6, 895, 194. 01 7, 142. 728. 38 247,534.37 6, 895. 194. 01 2, 233, 987. 48 1, Of>5, 488. 51 I, 076. 848. 69 1. 332. 2IO. 82 489,149.15 I, 255, 57 5. 38 4. 216,643.84 32. n88.33 180, Ofi2. 29 771,569.45 132,761.48 269,529, 17 85,324.07 50,803.84 78. 009. 67 68,004.00 53,770.84 58 932. 98 2. 978. 223. 37 342. 496. 98 IOI, 811. 34 509,234.02 356,640.80 85. 756. 30 9, 043, 857. 42 10, 052. 542. 09 11,051.381. 11 12,314.686. 97 12,750,065. 28 13, 94ij, 707. 68 15, 185, 128. 15 14,875,319.50 14. 953, 570. 45 15,215, !l05. 88 14, 992. 026. 56 15, 1i5, 7V9. 43 13 056, 514. 59 4, 775, 909. 17 15, li5, 799. 43 l======i======i'=====•I===== 19, 103. 32 February_··-··--·-·--··-- ··-----·---·-··-···· 6,974.45 219,539.62 "farcb .... ·-·---··-······ -·-----···-···-····· 9,225.36 April..._·····-·-··········-·················· 9,143.88 ··-•-···--·········· 36, 139. 66 "fay····-···-····-·•-······-············---·····----·········-··· 394, 766. 90 >une __ ·---··----·------·· ··-················· ····-··--··········· 15,091.94 July····---· ______________ ·-·· .... ·--·-· ...... ·---·-·--· .... ··-·-· i'•ptember _______________ ··-·· .. ··-·· .. ·-·- .. ·-----·-·--·----· ·-· 216,436.21 December________________ ··-·· ............ _.. -·-· ...... ··-·--· ·-273,104.63 15, 163. MO. 56 14. 9.i3. 306. 30 14,902, .100. 18 14. 92fi. 3<0. 52 14,531.593. f,2 14,516,501.68 14, 300, ~5. 47 14,026, 9W. 84 Total.--------··· .. ········-··· .. .. ... 25,343.69 I, 174,182.28 14,026,960.84 ======l======l======l===== 1936 March ______________ ·-··· ...... ····-·-······· -·····-···--········ ~ priL ________ . -----•-· .. -··· ·- ... ·-· ··-· .............. - ........ . 442,677.06 13, 537. 387. 79 13, 584, 283. 78 46,895.99 Tota) ________ ··-············-··········-····--·-----······· 13,980.064. 85 46,895.99 1938 August·---------·-·--·--· 10, 000, 000. 00 "· 000. 000. 00 5, 000, 000. 00 30,000,000.00 October. ___________ ·--··- -·-· ... ·-······ -· ... December-------·-····--- ···················Total._---····-·--- 30, 000. 000. 00 Grand total.---·--· 83. 370, 9.15. 22 (•) 20, 000, 000. 00 I 40, 224, 586. 66 IO. 046, 895. 99 15, 046, 8(15. 99 20. 046, 895. 99 20. 046, 89,i. 99 • 20,177,690.67 20, 046, 895. 99 LOANS FOR FINANCING OF AGRICULTURAL COMMODITIES AND LIVESTOCK [Under sec. 201 (d), title II, of the Emergency Relief and Ccnstructlon Act of 1931!) 193'2 Au!(U6t .. ----------···-·-· $50,000.000. 00 1, fOO, 000. 00 474,740.63 $4.il, 580. 12 $2,034.55 $449,545. 57 830, 276. 97 3, 541. 00 1, 276, 281. 54 ~ovember _ -------------· 129,616.60 December______ . __ . __ •• _. 2, 671, 563. 44 158,117.00 109,881.40 1,324,517. H 1--------1--------1--------1------1,439,974.09 115,456.95 1,324, bl 7. 14 TotaJ ___ ---------·· 54,775,920.67 September _____ .. -· ..... _ October ___________ .______ 1=======1=======:1=======1====== 1933 ranuary _____ ---------- ... February_ -- ------·-··•·March _______ - -- - - -- .. -- . i\priL ____ - - - - - -- - - -- - . - .. May _______ -- -- ------·-·. lune ______ ------·-----·. See footnotes at end of table. 281,802.20 438,000.00 60,000.00 472,829.43 M,000. 00 174,280.00 32,302.20 75,295.96 104,024.04 1, 449, 879. 30 465, 354. 37 212,668.80 144,281, 14 60,159.60 126,566.04 110,270.37 186,657.37 194,508, 91 Digitized by 1, 212. 538. 20 I, 227, 074. 56 1, 204, 532. 56 2,544,141.49 2, 822, ij38, 49 2, "40, 998. 38 Google 78 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repayments, and other reductions, and amount outstanding from Feb. 2, 1932, to Dec. 31, 1938, inclusive, by classes and months-Continued TABLE LOANS FOR FINANCING OF AGRICULTURAL COMMODITIES AND LIVESTOCK-Con. Year and month Amount of authorizations t Amount of repay. ments and other reductions Amount of disbursements Amount out• standing at end of period 1933 July ..................... . August .................. . September .............. . October ................. . November .............. . December............... . Total. ............ . 1934 $262, 2.'iO. 00 190, 000. 00 2, 022, 500. 00 251,229,000.00 124, 164,690.24 442,551.00 $608, 800. 95 110, 290. 93 27, 649. 65 652,051.93 32, Z74, 428. 44 34,090,189.73 $1/5, 824. 97 385,441.32 379,314.31 59,601.55 1, 047, 568. 45 400,066.10 $3. 293,974. 3, 018, 823. 2, 667, 159. 3, 259, 609. 34,486,469. 68, 176, 593. 36 97 31 69 68 31 379, 792. 902. 87 70,102.936. 30 3, 250. 860. 13 68, 176, 593. a1 1 - - - - - - -1 - - - - - - - - 1 - - - - - - - - 1 - l=======l=======l=======I==~==== January.................. Febmary................ March................... 49,015,000.00 3, 095, 000. 00 887,000.00 67,006,104.34 29, 113, 446. 61 17,890,089. 72 June..................... July...................... August................... September............... October.................. November............... December................ 250,000.00 9,840,000.00 300. 183. 59 250,233,072. 15 88,982,046.96 1.54, 000. 00 23,418,850. 38 427,416,153.08 44,107,365.98 24,873,981.21 915,322.65 2,538,337.65 8,297,917.04 8,053,476.66 10,679,849. 79 607,189.13 5,616,310.04 9, 869, 292. 49 6,461,093. 35 l, 924, 466. 65 9, 991, 289. 89 69,387,874.15 50, 486, 370. 90 34, 434, 296. 45 39, 682. 643. 62 20, 714,391.37 9, 062, 953. 53 134, 575, 508. 52 158, Oi2, 645. 09 166,093,442. 32 167, 368, 65 I. ,,o 171, 97.5, 981. 70 206, 092. 0,57. 79 161,078, lf>-1. 8.5 112,007,116.00 80, 111, 157. 80 48, 726,431. 22 36, OM. 516. 51 37,682.412. n 'lll, 143,991.03 258, 238,171.57 37,682.412. 77 8,562,577.91 5, 133, &'i3. 84 7, 377, 654. 86 11, 600, 244. 81 9,501, 1:n. 66 98, 535, 129. 02 94, 098, 794. 59 19,428,787.60 9, 346, 380. 34 5, 0!,7, 571. 55 2,478,662.41 l, 770, 693. 25 b, 831, 905. 61 4, 843. 092. 57 3,089, 285. 77 818,795.24 2,413,363.80 6, 231, 354. 15 10, 635, 401. 38 1, 143, 098. 97 119,749.10 83,653.50 343,728.01 260,244.79 40,413,085.07 40. 703, 646. 34 44,992,215.43 55, 773. 66~. 00 62,861,432.86 156, 165, 20i. 73 239, 728, 600. 94 258, 014, 289. 57 267. 240, 920. 81 272, 214, 838. 86 274. 349. 713. 26 275. 860. 221. 72 272,891,481.84 34, 713, 672. 89 275, 860. 221. 72 30, 037, 386. 99 801,892.37 l, 399, 719. 53 l, 090, 400. 15 2,419,016. 11 12, 340, 950. 47 1, 438, 117. 27 1, 026, 524. 18 2, 938, 098. 92 2,140,081.66 530,725.71 450,764.45 796,208.55 5Z7,453. 05 1,129,047.08 {I, 150, 145. 02 123, 38?, 327. 37 28, 157, 969. 23 71, 426, 840. 04 383,670.21 172,275.91 105,840.03 48,049.95 82. 805.12 305, 101. 400. 16 305, 375. 839. 48 305, 646, 51 I. 93 300, 586,767.06 179, 618, 455. SO 163,801,437.04 93, 812,714.27 94, 455, 568. 24 97,221.391. ~ 99, 255. 632. 88 99, 738. 308. 64 100, 106. 267. 97 171,947.084.78 56, 613, 677. 81 232, 36i. 631. 56 100, 106,267.97 January.................. 400,000.00 February.................................... . March ............ •.......................... . 336,124.69 12, 487, 970. 63 43,337.199. 98 24, 120, 654. 49 6, 271, 308. 88 2, 134, 888. 86 1, 779, b78. 94 59, 836, 376. 02 -~76. 206. 07 450,439,45 236,836.28 204,168.10 136, 162,979. 56 124, 022. 303 fi-1 81, 0-24. 31J. 03 57,005,517. ;.; l>O, 781,696.82 48,758,694. 81 62,037, 85,. 27 2, 965, 922. 22 4,339,743.30 11. 134,030.96 32, 265, 806. 92 64, 054, 461. 06 151, 771. 752. 39 64, 054, 461. 06 tF:t··············••···· Total.............. ~~&: g~: ~ ~: m: ~~: ~~ 1--------1-------1 1935 January ....•..............•.................. February................. 150,000.00 March................... 1,751,013.91 April..................... 762,051.31 May..................... 7,000,000.00 June..................... 50, 153, 000. 00 July ......................................... . August................... 70,000. 00 September............... 100, 020, 000. 00 October.................. 50. 000. 00 November............... 100,075,000. 00 December................ l, 994,117.18 Total. ............ . 262,025, 182. 40 1936 January.................. 100,000.00 February................. 500,000.00 March .............. _.... 80, 652. 05 April..................... 903, 558. 08 May ........................................ . June..................... 8,637,112.42 July...................... 151,130,762.23 August................... 225,000.00 September............... 225, 000. 00 October.................. 10,085,000.00 November............... 60,000.00 December................................... . Total ............. . 1937 June..................... July __ ........... ........ August.. .......... '....... September............... October.................. November. ... _.......... December................ 86,000,000.00 150,030,000.00 175,000.00 3,600,000.00 4, 5fA, 000. 00 76, 350. 000. 00 36, 392, 836. 28 347,294.71 339,207.37 101,861.21 4i,487. 95 Ill, 886, 85 15, Of>S, 741. 40 764,440.97 l, 950, 027. 15 7, 244, 127. 11 21, 368, 612. 24 31, 992, 822. 24 Total. .•..•.•.•.... 322, 252. 696. 50 115,719,945.48 tl':~1.~~:::::::::: :::::::: :: ::::: 2,133,696.50 ::::: ::::: ::: See footnotes at end of table. Digitized by Google 79 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repayments, and other reductions, and amount outstanding from Feb. 2, 1932, to Dec. 31, 1938, inclusive, by classes and months-Continued TABLE L0AKS FOR FINANCING OF AGRICULTURAL COMMODITIES AKD LIVESTOCK-Con. Amount or 11uthorizations Year and month 1 1938 January__________________ $700. 000. 00 Fehruary________________ 12. lf>4. 237. 77 ,larch___________________ I 9. liS0, 000. 00 April..___________________ 50,000.000. 00 ,lay_____________________ ___________________ Amount of repqy. mrnt~ and other reductions .\mount or disbursemf'nts $17, 4.58. ~-58. 8,717. f.14. 8, 931. 420. 7. 391, 9-1~. 19 42 07 $370,748.14 908. 943. 23 I, 948,779.47 I, 137, 52fo. 5fi 10 I, 48/l, 19,5. 77 38 209,606.38 June. ____ . _______________ _. ________ . ___ .... _________________ .. ___ _ 10, 7M. 75 959. 66 950. 00 1,177.01 181. 203. 10 71,698.87 1 75. 00 Amount outstanding at Pnd of period $81,142, 5il. 11 88, 951, 242. 30 95, 933, 882. 00 102. 188. 304. 72 909. 716. 33 898. 94&. 58 897,988.92 897,038.92 895,861.91 714, 6.58. 51 July ________ -------------· ___________ ------- -- -----··------- ---- --_ ugust.. _________________________ . ______________________________ September _______________ ---- __ . ----------- -- -------------------Ortober ______________________________________ -------- ___ --------Xovember _______________ ----------------·--· 53,000.00 December._______________ 60,000.00 ----------·--------Total. ____________ _ 72. 564, 237. 77 42. 762. 44'1. 44 • 106,121,023. 56 695,884.94 l=======l~======I • !, 690, 774. 178. 07 I 787, 274_ 453. 00 • ! 786,578,569.05 695. 8841 94 ~ Grand total._______ 69,\ 959. 9, 695,884.94 AMOUNTS MADE AVAILABLE FOR RELIEF AND WORK RELIEF [Under sec. 1, title I, of the Emergency Relier and Construction Act of 1932, as amended) 1932 July______________________ Au~ust.._________________ September_______________ October__________________ No,·emher _______________ December________________ Tota]_____________ _ $3,000,000.00 13,931, 6(19. 00 18,523,502.22 18, i&4, 823. 00 35,958. !17. 00 $3,947,884.00 10,211,699.75 16,818,809.40 20,462,864.12 28,525,784.82 ·-------------------------------------· -------------------·----·-------------·------··----------- $3,947,884.00 141159, 5,;3_ 75 30,978,393.15 5l, 44l, 257. 27 79,1/67,042.09 112. 492. 873. 22 79,967,042.09 1-------------------- 79, 067, 042. 09 22 ffll4. 762.00 ---------1--------:--------1-------- 1933 January__________________ February________________ ~larch___________________ 49,435, 41e. Oil 48,187,271. Oil 29,650,979.00 48,973.962. 78 11. 259. 498. OU Aprll.____________________ May_____________________ June _____________________ ------------------·· Julv ···------------------- ______________ __ __ __ !b~·. I ·----···--·-----·-1 -------------······• $334,900.00 131, 24,1. 00 ll20, 017, 956. 91 970,085.00 299,014,914.00 ~U~: ~ 299, 002, 9f>4, 00 WK. !l\J I. 884. 00 29,. 294. 00 29S, 561. 444. 00 2U8, 512,456.48 298,537, 4M. 00 2V8. 521, 45t\. 00 298, 009, 406, 00 298, 005, 590. 00 297, 773. 590. 00 297, 773, .190. OU i-_ -_-_ -__· -_ -_-_ -_-__·-_-_-_ -_-_-_-_ -_: Au~ust.__________________ ____________________ September __________________________________________ . ____ __ ______ Total______________ 1934 lll7, 507,126. 78 120,146,612.23 159,555, 123. 48 201,374,181.94 242, 741, 3oe. 53 294. 844, 603. 69 298, 073, 7.()3. 77 299, 372, 151. 82 299,192,414.00 200,014.914. ()() 570 _. ~4 511 5 41,bl9,0.>S.46 41,367,124.59 52,438,197.16 3,360.345. 08 1, 2Q8. 448. 05 146,702.18 40., 39 ff~{c'hary._::::::::::::::: :::::::::::::::::::: :::::::::::::::::::: April_____________________________________________________________ __________ ..... ___ .. 326,440.00 li7, 500. 00 ,11~. ____________________ ____________________ ______ _____ _________ ____________________ 93,550.00 336,850.00 IS, 987. 52 5,000. 4ll 13,000.00 515,050.00 Total •• ____________ . _____ .. _______ . ________ . ___ . ___ .. _____ _ I, 241, 32!. 00 297,773.590. 00 !ifi 297,718,058.00 297, 710,558.00 297,709,908.00 2V7, 689,908.00 297, 689, 008. 00 207, 688, 3118. 00 297, 621. 398. 00 297 .098, 1198. 00 296,767.998. 00 29r,, 700, 998. 00 296. f\26, 64'!. 00 ~lay_____________________ _____ _________ __ __ __ __ __ _____ ___________ June_____________________ ____________________ July______________________ ____________________ August___________________ ____________________ September___________________________________ ~~i;~ --------------- -------------------- -------------------- _________23t ~: ?2_ 1935 ~· ::::=:::::::: • August mii;;_ _ =• :=:::::: ::::::::::::• ====------- ____________________ ____________________ 67, 000. 00 ~II~~ Total ________________________________ ... ------------------·-1===1=,=14=6=,9=4=2=.o=o=: 296, 626, 648. 00 See footnotes at end or table. Digitized by Google 80 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repayments, and other reduc• tions, and amount outstanding from Feb. 2, 1932, to Dec. !Jl, 1938, inclusioe, by classes and months-Continued TABLE AMOUNTS MADE AVAILABLE FOR RELIEF AND WORK RELIEF-•Contlnued Year and month Amount of authorizations Amount of repayments and other reductions Amount of disbursements 1 1936 Amount out• standing at end o! period 1anuary .•..•..•••••.•.••....••.•.•••.••.•.•........•.••.••••••••• Fehruary ••••..•............•....•....•.•••........•.•••••.•••••. 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 74,000.00 $296, 625, IIOO. 00 296, 625, 471. 00 296, 436, 471. 00 2116, 416,471.00 296,413,711.00 2116, :123, 211. 00 2115, 994, 711. 00 21l5, 758, 711. 00 295, 65tl, 111. no 21l6, 582, 711. 00 Total •••.•..•................•.. · · -··•· ·· ·•• ······•··· ·· ·· · 1, 043, 937. 00 295,582, 711. 00 January ••••.......•.•.•........•........•.......•.•.........••... March .•..•...••....•.•.........................•••.•............ May ......••••.•.•....•............•.....••.....•.•........••..•. June .•.....•.•••••...•......•...••.•.•••...•...•.•••••..•.••••.•. September ••.....••..•••......•.••.•...........•.•••••.•.•••.•.•. October ...•....................••................••.•..•••••.•... Novemher ..•...•...•.............................•...••••.•.•••. December ........•.•.......••..........................•.•....... 228,500.00 6, 126, 000. 00 6, 146, 070. 00 2,000.00 176,000.00 4,000.00 374. 30 74,000.00 295, 354, 211. 00 289, 228, 211. 00 283, 082, 141. 00 283, 080, 14 I. 00 282, 904. 141. 00 282,000,141.00 282, 899, 761.l. 70 282, 826, 766. iO Total ••.•.•..•..........................•...••...•...•..... 12, 756, 944. 30 282, 826, 766. 70 - --- - -- - - --- -- -- .. --- -- ---- - -------...... - - - ----------- -· 1g37 1-------·I----- 1938 March •••••••••••.••...................•.......••.•...•.•••...... I 282, 825, 766. 70 Total. •••..••••••......................•.••........•.•..... I 282, 825, 766. 70 Grand total •••..•.. a 200, 984, Im. 00 $200, 984, 900. 00 $300, 000, 000. 00 TOTAL, ACT APPROVED MAR. 9, 1933, AS AMENDED [Loans on and subscriptions for preferred stock, and purch!l88S or capital notes or debentures, or banks and trust companies] 1933 March ................... April .••.•.•..••.••••••••• May •••.•..•••.•••••••••• June ••... __ ....•••••••.•• July ............•.••.•••.. August .......•.•.••••••.. September ...•.•..•••..•• October •••••••.••••.•••.. November •••••.•••.•••.. December .••.•.••••••••.. $14, .932, 500. 00 7, 60!1, DOIi. 00 16, 007, 500. 00 8, 188, 000. 00 14, 798, 000. 00 3, 471, 000. 00 4, 385, 000. 00 30, 965, 000. 00 Sil, 888, 000. 00 305, 731, 000. 00 $12, 750. 000. 00 7, 582, 500. Oil 6, 160, 000. 00 17, 985, 000. 00 8, 185, 000. 00 7, 677, 500. 00 3, 776, 000. 00 2, 990, 000. 00 44, 155, 000. 00 164, W4, 716. 67 Total. .••.•.•...... 496, 556. 000. 00 1anuary .•••••••••••.• __ .• February •...••..••••••.. March .•.............••.. ~:~········•·······•···· June ........•.•.•.•.•.... 1uly•............•.•...... August ..........•.••..... September .•...••..••••.. October ..•••.•••..•••••.. Nonmber ••••••••••••••• December ••••••••••••••.. 266. 139,350.00 75. 514, 250. 00 104. 793, 000. 00 30. 407, 300. 00 48. 629. 400. 00 35, 906, 820. 00 16, 237, 950. 00 27, 196, 700. 00 13, 215, 525. 00 23, 904, 850. 00 9, 768, 000. 00 16, 197, 780. 00 Total .............. 656, 910, 926. 00 -------------------............................... 31,930.00 108,795.00 616.00 $12, 7f,&, 000. 00 20, 332. 500. 00 25, 482, 500. 00 -ca, 463,315. 00 51,648,315.00 5'11, 326, 815. 00 63, 101, i65. 00 68, 059, 835. 00 110, 106, 040. 00 26i,200,241.67 264, 346, 216. 67 146,976.00 264, 200, 241. ,n 146, 474, 400. 00 M. 717, 750. OC 128. 039. 340. 00 63, 697, 085. 00 47, 992, 655. 00 112, 035, 430. 26 21, 434, 472. 50 26, 147,230.82 25. 890, 041. 66 15, 989, 885. 00 12, 968, 102. M 18, 271, 641. 60 191,125.00 1(18, 911. 11 79,448.17 558,249.50 153,717.31 1, 386, 625. 15 54, 704, 338. 00 ~ 222, 87G. 16 1,849, l!Off. 51 6, ~I. 336. 47 1, 278, 715. 95 3, 719, 065. 98 410. 483,616.67 465, 092, 355. 56 593,052.247. 39 656, 191,082. 89 704, 029, 920. 58 814, 678, 825. 68 781, 408, 960. 18 803, 333, 31 l. 85 827,373,847.00 837, 742, 396. 53 849,431, 783. 08 863, 984, 258. 60 673, 657, 834. 23 73,873,817.30 863, 984, 258. 60 ·- ~686.00 --- .............. -------- -- -------------------60.00 1934 See footllotel at 1111d of table. ' Digitized by Google REPORT OF RECONSTRUCTION FINANCE CORPORATION 81 6.-Amoum of authorizations, disbursement&, repayments, and other reductions, and amoum outstanding from Feb. //!, 1952, to Dec. 51, 1958, inclusive, by classes and months-Continued TABLE TOTAL, ACT APPROVED MAR. 9, 1933, AS AMENDED-Continued Year and month Amount or authorizations 1935 January .....•..•..•.•.••. February .•...•....•...•. March .•.........•.•..... 1 June •.........•.......... July......•.•..•.•........ August.. ......•.......... Septemher ..•...•.•...... October __________________ Kovember ......•........ December. ...•....•..... . $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, 500. 00 3, 985, 700. 00 16, 322, 000. tKJ 1, 587, 500. UO 5, 7·16, (JI)(), 00 13, 751, 861. 00 Total ...•.......... 82,211,264, 00 ~:f··••················ 1936 January .................. Amount or d isbursewen ts ~~~'tsn~i r;11:i!~· reductions $15,460,560.00 27, 135,725.00 9, 155. 660. 00 4, 831. 000. 00 5, 525, 975. 00 6, 782. 063. 33 3, 627, 500. 00 6, 135, 150. 00 II, 412. 375. 00 4, 038, 380. 00 2, 828, 500. 00 7, 136, 400. 00 - -102,-969, -288. -33 Amount out• standing at end of pniod $6, 466, 7M. 69 5, 211, 054. 83 2, 225, l 00. 43 7, 648, 956. 50 3, 439, 690. 27 4, 218, 296. 79 6, 563, 589. 35 5, 551, 734. 93 7, 696, 276. 26 2, 406, 767. 78 2, 340, 578. 18 17, IGO, 914. 93 $873, 979,063. 91 895, 903, 734. 08 902, 834, 293. 66 900,016,337.16 902, 102. 621. 88 004, 666, 388. 42 901,730,299.07 002, 313, 714. 14 004, 029, 812. 88 006, 661, 425. 10 007, 049, 346. 112 897, 015, 831. 99 69, 937, 714. 94 897. 015, 831. 99 904, 685, 040. 72 887. 635, 576. 15 877. 326. 888. 73 877, oat, 973. 78 872, 188, 501. 20 819, 985, 220. 26 721, 027, 186. 39 704, 925, 676. 20 701, 125,266.39 693, 039, 500. 48 685, 766, 958. 58 65,1, 724,652.47 June ..•..•..•..........•. July .....•••..••.•.•.•.... August.. .•...•....•...... September .•............. October .•........•.••.••. November .•............. Deoember ..........•..•.. 661,250.00 l, 055, ()()(), 00 I, 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, 032, 500. 00 I, 010, GOO. 00 75,000.00 M6,000.00 5, 078, 005. 27 18, 228, 664. 57 12, 176, 087. 42 7,400,914.95 5,406,472.58 63, 782, 230. 94 99, 460. 633. 87 19, 126, 510. 19 6, 832, 009. 81 9, 095, 766. 91 7,347,541.90 32, 648, 306. 11 Total. .•...•..•.... 8,789,700.00 32, 293, 764. 00 276, 58l, 943. 52 663, 724, 652. 47 Jf,, 045, 597, 74 JI, 014, 047. 94 9, 415, 371. 26 2, 440, 86.'5. 59 1, 860, 474. 00 13, 089, 134. 22 !I, 627, 386. 18 I 6, 283, 751. 23 3, 443, 921. 011 4, 602, 219. 18 I, 540, 641. 33 13, 469, 407. 43 639, 039, 054. 73 628, 665, 006. 79 1120, 284, 635. M 617, 963, 769. 95 616, 196,295.05 609. 327, 160. 83 602. 699, 774. 65 596, 789, 773. 42 593, 704, 462. 36 500, /i()(), 333. 18 589, 028, 691. 85 582, 271, 517. 75 88, 832, 818. Of, 582. 271,517. 75 t 5, 139, 746. 57 t 14, 102, 587, 37 2, 162, 574. 34 I, 097, 507. 04 1, 44,5. 380. 82 3,919,483.17 I 7, 481, M9, 78 I 3, 672, 645. 48 I 2, 252, 639. 70 1, 772, 607. 68 1, 888, 143. 78 • 4, 269, 368. 49 677, 635, 271. 18 563, 662, 683. 81 561,949,859.47 565,641,352, 43 564, 290, 971. 61 661, 242, 388. 44 Ml, 727, 938. 66 llll2, 630, 918. 18 Ml, 493, 278. 48 549, 720, 1170. 80 M7, 931,027.02 588, 834, 658. 53 49, 204, 234. 22 588, 834, 658. 63 1167, 579, 503. 03 5811, 834, 658. 63 u~:c't".r~~=:::::: :: ::: ::: ~R~l... .................. 1937 190,000.00 360, 000. oc, 640,000.00 1, 035, 000. 00 120.000. 00 93,000.00 !I, 220, 000, 00 ------------------373,750.00 ~~:~.:.:::::::::::::: 870, 000. 00 37,500.00 343,000.00 6, 370, 000. 00 5, 996, 800. 00 1, 038. 850. 00 206. 800. 00 624.000.00 408, 500, 00 380,000, 00 735,000.00 Total .•.•....••.... 17, 200, 450, 00 17, 379, 683. 33 603,500.00 Dovember .•.••••••••••.. ecember ..••••••••••••.• 109. 750. 00 1, 064, 000. 00 3, 635, 600. 00 26, 027. 500. 00 2, 604, 000. 00 I, 219, 500. 00 360,000.00 894,625.00 480,700.00 301. 500. 00 328, 80.1. 00 22, 085, 000. 00 Total.··-·---··--·· 69, lll. 875. 00 55, 767, 375. 00 Grand total •• ----·· 1,320,780,214.00 l, 1411, 414, 161. 66 r;i~y.·~:::::::::::::: ~~!... .................. June ••...........•......• July ••................•... August ...••.............• lleptember .••.....•....•• October ..•.•...........•. 1938 January .....••.•.•.•..... r:t~ary................. i:··------------ptember •••••••••••••.. 0 etober ••..•••••.•..•.... N" I I I 358,600.00 I, 398. 100. 00 69,000.00 6, 712. 233. 33 I 130,000.00 449, 700. 00 4, 789, 000. 00 95,000.00 870,000.00 967,100.00 1, 575, 625. 00 1, 115, 000. 00 -------------------98,500.00 46, 173,000.00 1 1 - Bee rootnotes at end of table. 136800-89-6 Digitized by Google 82 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repayments, and other reductions, and amount outstanding from Feb. 2, 1932, to Dec. 31, 1938, inclusive, by classes and months-Continued TABLE LOANS ON PREFERRED STOCK 01' BANKS AND TRUST COKPANlltS [Under the Act approved Mar. 9, 1933, as amended) Amount of authorizations ' Year and month Amount of repay• ments and other reductions Amount of disbursements Amount out standing at encl of period 1933 March.··-- ______ -····-·· $250,000.00 $250,000.00 -·······-····-····- _ May--------------------· 2,710,000.00 June_--·--·-·----·------3,250,000.00 6,960,000.00 $4,685.00 Ju]y····-·-·--------·----2,115,500.00 40,000.00 ---------·-----·---August.---·-------------91,000.00 517,500.00 ___________________ _ September_ • _____________ 50, 000. 00 76, 000. 00 50. 00 October __________________ -··················· 75,000.00 31,930.00 November······--··--·-545,000.00 ____________________ 21,495.00 December________________ 1,578,000.00 829,600.00 515. 00 Total. ________ -··._ 1934 January··-·--····-···---February_···-··--·-·-··· March .•.. ·----·--------- 7, 748, 100. 00 1,781,350.00 4,442,050.00 665,500.00 310,000.00 322,500.00 99i, 300. 00 58,675.00 7, 689, 425. 00 166,125.00 8,911.11 59,448.17 268,249.50 143,717.31 226,525.15 212,588.00 24,029.15 30,996.51 54,444.04 66,215.95 228,263.48 7, 833, 300. 00 8, 146, 888. 89 9,081, 740. 72 9, 590, 391. 22 11, 965, 973. 91 12, 277, 023. 76 12, 884, 285. 76 13, 113, 266. ftl 13, 396, 760. 10 13, 763, 416. 06 13, 857, 20('_ 11 14, 034, 436. 63 l======l======I,=====~===== gg~: ~~: ~ ~t=::::::::::::::::::: June_____________________ Ju]y______________________ August___________________ Septern ber _____ ____ ______ October__________________ November_______________ December _______________ • Total_ -----··-- ____ 10, 589, 500. oo $250, 000. 00 250,000.00 6,205,315.00 6,245.315. 00 6, 762, 815. 00 6, 838. 765. 00 6,881,835.00 6, 860, 340. 00 7, 689, 425. 00 1, 123,500.00 434,450.00 279,200.00 407, 525, 00 509,850.00 91,000.00 265, 530. 00 2. m: :i: ~ li36, 575. 00 819,850.00 253,000.00 314, 500. 00 421,100.00 150,000.00 405, 500. 00 t--------;-----------1 11. 524. 8,55. 00 7,823,525.00 1, 478, 513. 37 14, 034, 436. 63 296,300.00 156,750.00 73,500.00 511,130.00 328,025.00 657,400.00 62,000.00 260,000.00 161,000.00 170,350.00 16,000.00 13,500.00 25,000.00 74,500.00 153. 068. 62 144. 234. 83 26.150.43 62,266.50 403. 340. 27 28.106.00 113,696.43 304,107.36 59,953.37 132,321.52 199,078.18 87,254.93 H, 392,498.01 14. 576. 288. 18 15. 207, 537. 75 15, 207, 281. 25 15. 063, 940. 98 15. 196,834.98 15, 083, 138. 55 14, 9-19, 381. 19 14, 904, 427. 82 14, 785, 606. 30 14,611,528.12 H, 598, 773. 19 975,400.00 2, 277, 905. 00 1, 713, 568. 44 14, 598, 773. 19 January _________________ -·-----------------February_------------·-March ______________ .____ -·---·----·----·---85,000.00 40,000.00 5,200.00 75,000.00 112,473.20 332,696.54 128,408.70 243,694.95 32,272.58 105,520.94 66,909.28 218,798.94 s.•, 838.15 112,815.71 37,900.78 74,025.98 14, 526, 299. 99 14,198,803.45 14, 145,394. 75 13, 90 I, 699. 80 13, 924, 42i. 22 13, 84 2, 906. 28 13, 785, 997. 00 13,567, 198. 06 13, 483, 359. 91 13, 370, 544. 20 13,332,643.42 13, 258, 617. 44 1, 539, 355. 75 13,258,617.44 393,972.11 308, 193. 92· 76, ·194.- 18 212,887.65 126,568.38 126, 9?9. 22 328,618.58 359,875.36 359,060.30 12, 864, 6-15. 33 12. 5.56, 451. 41 -12, 480, 2S7. 23 12, 26i, 369. 58 12, 140, SOI. 20 12. 013, R7!. 98 1935 JannarY-----------······· February.·--··--·-·-···· March._ ··----··---·-·-- 1~: ::: ~ ~:;1-:::::::::::::::::::: June_____________________ 12. 600. 00 JnlY---------------·-----107. 000. 00 August___________________ 40,700.00 September_______________ 67,000.00 October ________ ··-······· 55,000.00 November ...... ·-···-··-··········-······--December ______ •. _._ .•... ······-···---------Total.--·-----· ___ _ 1936 l=-'=====l======l======,J===== tf:i1_----·------·----···- ---·---------------· -------·--55, 000. 00}~~-. -----------·--·---· ---------------·--·August_ _____ ·---- ________________ • _____ -· ---· September. ______________ -----·-------------October __ • _______________ -------------------· November_---·---------- ----·----·---·-·---December. ____ • _________ • ---------------·---- Total..---·---··--- 85,000.00 ---··· -... 24, ooo. oo_ ---·------ _____ •• __ _ ··-·· · ____ -------·----·- · ---------·----------··----·-----___________________ _ 199,200.00 1937 January_·-------------·-- -·--·--------------- __ -_________________ _ February•----·---------100,000.00 ___________________ _ March ____ • ___________________ ·--------•-··-· -_ • _ ._ .. _ - _. _" -· April.. __________________________________________________________ _ fu~!: :::::::::::::::::::: :::::: :::::::::::::: ,:::::::::::::::::::: July ________ ·- ____________ ----·- _________________________________ _ Au1mst _____ ·-------··-·-- _----------·--·-----' ---------- .• _______ _ September ___ ·-·----·---· ----·-·----·-·--··--1 100,000.00 See footnotes at end of table. Digitized by Google 11, 685, 253. 40 11, 325, 378. 04 11,066,317.74 REPORT OF RECO~STRUCTION FINANCE CORPORATION 83 6.-Amount of authorizations, disbursements, repayments, and other reductions, and amount outstanding from Feb. f, 1932, to Dec. 31, 1938, inclusive, by classes and months-Continued TABLE LOANS ON PREFERRED STOCK OF BANKS AND TRUST COMPANIES-Continued Year and month Amount or authorirntlons Amount ,,t disbursements 1 Amount or repay• ments and other reductions Amount out• stand in~ at end of period 11137 October ..••••..••••.••••...••.•.•.....•.••••• -·······-··-·-···-·· November_ •••. -········- -···-···-- -·--··- -·· -··· -····-···-··-··· December.. _•••..••.. _•.• -·····-··-----·--·-- ············-····-·· Total .•....••••.••• $100,000. 00 $100,000. 00 $248, 284. 81 J05, 244. 08 91,163. 72 $10,818,032.93 JO, 712, 7Nl. 85 JO, 621,625.13 2, 736,992.31 10,621,625. 13 !=======:=======:= 1938 January.-.. -·-· __ .. _•• -· ... -·--·· _.• -·· •••. -· _••• _. -· •••••••••••• February.···-·······-··· ····-··· _·-· -·-··-·· -···-···-···-······· March.-·-····-····-···-_ ····-···- --· ---·-··- --·····-- -··-······· ~!',.'~!.::::::::: ::: :: :::::: :::::::: ::: :::::: ::: ::: :: :::::::::::: ::: June_---···---·-·····-··· ·--······-·--···-- -· -···-·····-·---·-·· _ JulY---·-·-······-····-· -· ..•••••••• --··-·-·- - ---·-·---·- ---···-·· August. •. ·-···-·-··••··-· -·-····-----·······- -·-----------···--·· September_············-· -···-·---··- -··- -·- - ·- ··-· -·--·· -····-·· October-·-···-·········-. --··-·-· -······· --- _ -··· ---· -·•··-·• --· _ '<"nvember .• ·········•-·· -·-·····-··········· --···· ·-········· •.• December ••••.••.••.... -..•...... -·-········· -··--·--·-······ .... Total..··········-· .......• -··· --·- ·- ·- _--- -·-····-·-··· --· Grand total........ 23, 274,766.00 I 18, 148,730.00 140,478.41 123,981.49 52,840.00 74,914.86 17,856.23 126,178.36 24,725.89 207, 59!l. 22 , 55,224.62 56,225.68 25f,, 698. 86 , 2, 139, 7116. 35 10,481,146.72 10,357, 165. 23 JO, 304, 324. 27 IO. 229,409.41 10,211,553. 18 10,085,374.82 10, OfiO, 648. 93 9. 853, 049. 71 9, 797, 825. 09 9,741,599.41 9,484,900.55 7,345,104.20 , 3,276, 520. 93 7,345,104.20 , IO, 803, 625. 80 Il=======I====== 7,345,104.20 SUBSCRIPTIONS FOR PREFERRED STOCK OF BANKS AND TRU!T COMPANIES [Under the act approved Mar. 9, 1933, as amended] 1933 December.·-···-········· $14,682, r,oo. oo 7,400,000.00 13. 8S7, 500. 00 4, 938. 000. 00 12, 682, 500. 00 2, 880, (JOO. 00 4,335,000.00 6, 770, 800. 00 17,753,000.00 177,652, 100. 00 $12,500,000.00 7,582,500.00 5, l.lO. 000. 00 11, 82.1, 500. 00 8, 145. fKJO. 00 6, 660, ouo. 00 3, 700, 000. 00 2,915,000.00 4,000,800.00 77,015,116.67 Total. ............. 262. 981,400.00 140. 453,916.67 April.. ____ ··-·--···-·---· May····-··········-·-·-June·--····-·•--·••-···-July_·-··········-······-August ____ •..••...•..•. __ September.···-·-······ __ October-········-······ .. November.···-·-······-· December ••.•••••••••••.. 142. 932, 100. 00 52, 345, 200. 00 80, 792, /i(I0.110 25, 680, 8110. 00 41, 8i0, /i()(). 00 27, 998, 8:20. 00 12, 9S3, 500. 00 ll, 008, ,IOO. 00 I l, 043, (JOO. 00 20, 545, 000. 00 8, &12, (KIO. 00 14, 750, 250. 00 94, 669, 500. 00 29, 933, 000. 00 97,959,390.00 39, 203, 685. 00 19,601,755.00 86, 627, 85,1. 25 18,067, 622. 50 18, 769, 230. 82 13,145,541.66 14, 465, 785. 00 9, 210, 602. 50 15, 823, 54 I. 50 Total. ............. 450, 862, 170. 00 457,477,509.23 12, 92/i, 500. 00 2, 23ti, 000. 00 I, 602,000.00 I, 403, 500. 00 5, 065, 000. 00 5, 462, 500. 00 6, 027, 500. 00 3,114,000.00 JO, 100, 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 March ..•••••.....• _•..•• April.._-··-····---- .....• May_·--·---·---·-······· June_··-·---·--·-·····-·· July __ ···--····--·-------· August..·-··-···--·····-September ..•........•... October_.---· ..• _······-· November _______________ ------------------·-------------------- --------------------------------------- -- ---- --- -- -- ------ ---------------------------------------------------------$87,300.00 -------------------- $12, r,oo, ooo. oo 20, 082, 500. 00 25, 232, 500. 00 37,058,000.00 45, 203, 000. 00 51,863,000.00 55, 563, 000. 00 58,478,000.00 63,351,500.00 140,366,616.67 87,300.00 140,366,616.67 25,000.00 50,000.00 1, 779, 350. 00 687,010.00 1, 358, 930. 00 502,500.00 1, 983, 302. 50 235,011, II6. 67 264, 894, 116. 67 362, 853, 506. 67 401,807, IOI. 67 421,408,946.67 508, oar,, 801. 92 525, 7IO, 174. 42 542, 700, 055. 24 555, 158, 586. 90 568, 265, 44 I. 90 576,973,544.40 590, 813, 783. 40 7,030,342.50 590, 813, 783. 40 835,447.50 003, m, 765. rn 626, 895, 145. 90 633, 80tl, 955. 90 638, 019, 755. 1,0 640,177,880. VO 645,817,544.23 644, 545, 651. 31 646, 885, 323. 74 647, 7M, 260. 06 1934 January_·-··· ___ -······ .. ~~:~h"?·.::::::::::::::: -------------------250,000.00 --------------------------------------394,250.00 I 1935 January_·········-·- .••.• ·_::::::=::::::=: Q'~ic'hary April.. •.••.•.•.....•••••. ~~!::: :: ::::: ::: :::: :::: July.- ••.••..••.... •·•··•• August.. ..••..•••••....•. September •••.•.•.•.•.•.• ooo. I, 235,320.00 911,450.00 483, 700.00 I, 992,850.00 586,400.00 3, 426, 892. 92 3,257,627.57 2, lI 7, 438. 68 See footnotes at end of table. Digitized by Google 84 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repayments, and other reduc• tions, and amount outstanding from Feb. 2, 1932, to Dec. St, 1988, inclusive, by classes and months-Continued TABLE SUBSCRIPTIONS J'OR PREFERRED STOCK 01' BANKS AND TRUST CO:IIPANIEII-Contlnued Year and month Amount of authorizations t Amount or disbursements Amount of repay. ments and other reductions Amount out• standing at end or period 1935 October......••.....•.... November ....•.......... December.....•.......... $1, 220,000. 00 5, 676,000.00 13, 746, 864. 00 $4,515,880.00 2, 528, 500. 00 7,006,900.00 $1, 297, 540. 83 529,000.00 13, 689, 160. 00 $650, 972, 599. 23 Total. ....•........ 68, 578,864.00 86, 838, 883. 33 30, 362, 827. liO 646, 289, 839. 23 606,250.00 1, 025, 000. 00 1, 590, 000. 00 85,000.00 2, 300, 000. 00 917,450.00 50, oco. 00 25,000.00 425,000.00 I, 400, 000. 00 12, 668, 114. 00 1,020,000. 00 1,732,400.00 7, 105, 000. 00 455,000.00 I, 499,950.00 472,600.00 3, 025, 000. 00 2, 000, 000. 00 I, 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, 41i2, 200. 00 48, 972,210.00 70, 977, 400. 00 16, 805, 286. 25 4, 129, 396. 66 5, 373, 896. 18 5, 628, 376. 25 22, 767, 776. Iii 655, 931,615. 73 643, 911, 633. 98 634, 124, ORS. 98 636,012, 598. 98 633,015,398.98 li&5, 543, 138. 98 615,038,338.98 001, 258, 052. 73 499, 128,656.07 494, 754. 759. 89 489,201,383.64 466, 983, 607. 13 Total. .••••........ 8,433,700.00 31, 603,064.00 210, 909, 296. 10 466, f83, 607. 13 1937 lanuary .•.•...•.•.•••••.. February .•.•.....•...•.. March ...............•.•. April.. ........•••••.••••. May •.•...........•...••. lune .....•...•........... July ..........•...•.•••... August ....••••.••••..••.. September .•......•.•.•.. October •.••.•..••.•••.... November ..•.•......•... December ••••............ 170,000.00 770,000.00 37,500.00 343,000.00 6, 370, 000. 00 5, 77 5, 000. 00 750,000.00 156,000.00 530,000.00 388,500.00 380,000.00 730,000.00 325,()(](l.00 640,000.00 1,035, 000. 00 80,000.00 93,000.00 6, 205, 000. 00 IO, 576. 436. 76 • 8. 688, 078. 90 4, 883, 806. 07 1,175,330 97 1, 106,017. 78 3, 990, 805. 00 5, 432, 782. 60 • 4, 176,755.57 1, 171, 393. 56 3, 262, 059. 37 746,847.60 4, 766, 311. 33 456, 732,170.37 448,684,091.47 444, 835, 285. 40 443, 739, 954. 43 442, 726, 936. 65 444, 941, 131. 65 439, 508, 349. 05 435, 531, 593. 48 433, 760, 199. 92 431, 794, 140. 55 431,087,292.95 432, 995, 214. 95 Total. •.......•.•.. 16, 400, 000. 00 16, 588, 233. 33 50, 676, 625. 51 432, 995. 2l4. 95 1938 January.................• Februnry ..........•••... March .•.••.•............ April.. ..•••...•.......... May ..•••••••........•.•. June •••••••.••........... July .••..•••.............. August .•••.•.......••.•.. September ......•..••.... October ••.............•.• November .•.••...•.•...• December ••.....•...•...• 109. 750. 00 1,050. 000. 00 3, 625, 600. 00 25,477,500.00 1, 075, 000. 00 999,500.00 360,000.00 819,000.00 480,700.00 301,500.00 328,800.00 22, 085, 000. 00 498,500.00 130,000.00 449,750.00 4, 725, 000. 00 95,000.00 300,000.00 740,600.00 89,500.00 46, 173, 000. 00 3, 675, 411. 57 • 13, 302, 795. 79 472,442.50 564,475.00 908,780.00 1, 922, 685. 00 I 5,414,424.00 I 2, 378, 817, 68 • 458, 533. 92 1,269, 132, 17 I, 318,293.84 4 1, 629, 322. 38 429, 818, 303. 38 416, Mli, 507. 59 416,622,815.09 420, 783, 340. 09 419, 969, 560. 09 418, 346, 875. 09 413, 673,051.09 411, 294, 233. 41 411, 9li0, 699. 49 410, 681, 567. 32 409, 452, 773. 48 453, 000. 451.10 Total. •.•..•••••••• 56, 712, 350. 00 53, 316, 350. 00 4 33, 215, Grand total.." •.•.. 863. 968. 484. 00 785, 277. 906. 56 1936 l!llluary..••.•.•••••.•..•• r:~:~!..==:::::::::::::: u::1.:::::::::::::::::::: lune .•..•••••.•.......... July .••..•••••••.•.•.••... August. ...•••••••........ September •.•............ October .........•.•.•.... November ....•.•.••...•. December.•.......•...... -------------------10,000.00 200,000.00 -------------------1, 296, 000. 00 40,000.00 6, 674, 233. 33 1, 115, 000. 00 I 652, 972, 099. 23 646, 289, 839. 23 113. 85 • 332, 181, 505. 46 453, 096, 451. 10 I 453, 096, 451. 10 PUll('HABES OJ' CAPITAL NOTES OR DBBJ:NTURES 01' BANKS AND TRUBT COKPANIE!I [Under the act approved Mar. 9, 1933, as amended] 1933 April..................... $200,000.00 ...•••••.....•..•............•...•..••..••••••••••••.••••• June..................... .•.•••.•.....•.•.... $200,000.00 .......•.•...• .•••.• $200,000.00 AUl{USt................... 500,000.00 500,000.00 ...•.•.•.•.•.•.••••• 700,000.00 October.................. 24, 194. 200. 00 700,000.00 November............... 71,590,000.00 39,194,200.00 .•.•.•..•••••••••••• :19,SIK, 200. 00 December................ 126,500,900.00 76,250,000.00 ..••••.•.•••.•••.•.• 116,144,200.00 Total •••••••••••••• 222, 985, 100. 00 116, 144, 200. 00 116,144,200.00 Bee footnotes at end of table. Digitized by Google REPORT OF RECO~STillTTION !<'I.SANCE CORPORATION 85 6.-Amount of authorizaliom, di8buraemenla, repayment&, and other reductiona, and amount 011/alandi·ngJrom Feb. t, 19::Ji, to Dec. 81, 1988, incluaive, by claue, and months-Continue TABLE PUBCBASH or CUIT.lL Nona OB DEBENTt' RU or Year and month 19:li Jann,iry••.••••....•...... February .• •... .. . . ... •.. March ... ..•.... . . .. ..... April. ............ ... . ... . May .................... . June .••••...•.•.•.••..... July ...•••• •...........••. August ... . .............. . September .•............. October ... .. ..... ... .... . November ... .......... .. Deceru ber ....... ..... .. . Total. .. .... . ..... . Amount or authorizations l B ., NK8 .lND Tat·eT COliPANIE&-Contlnued Amou nt or disbursements Total. •• ••• .•. . .. . • Amount out• staniling at end or period Wi0,000.00 20,000.00 40,000.00 10,000.00 1, 161, 000. 00 M , Olli, 500. 00 2,419.500. 00 1, 131,500.00 4, 20i. 961. 43 720,000. 00 1, 507, 500, 00 $167,639,100.00 192, Obi, 350. 00 221, 117,000, 00 244, i93, 500. 00 2i0, 655,000. 00 294,365,000. 00 242,814, 500. 00 247, 620, 000.00 258,818, 500, 00 255, 713, f>38. 57 258. 601,038.57 259, 136,038, 57 194,523,000.00 208. 356, 800. 00 !=======!====== 65, 364, 961. 43 259. rn6, 038. 57 1.005,000.00 4,477,238.5i 3,831,500.00 I, 287,500.00 7, 103. ooo. oo 1,043,500.00 3,f,03, iOO. 79 3,023,001. 00 I. !J\j()_ 000. 00 5, 51S, SM. 21 976,005. 43 I, 612, 500.00 3,393,500. 00 255,663,800.00 254,432,300.00 253,819,800.00 246, i89, 300. oo 211l.860,800.00 243,652,00~.21 242,101,509.21 240,479,009. 21 241,371,125.00 240,803,219.57 239, 465, i19. 57 236, 127, 219. 67 St 10. 425. 000 00 18, 72i, 000. 00 23, :1:15, 000. 00 1, 195,000. 00 6, iM, 500. ro 6, 7~. 500. Oil 2, 820. 000. 00 16. ~9. OIMI. 00 I, 76.'i. 000. 00 2, ls.'iO, IMlO. 00 ~25, 000. 00 I, 182, 000. 00 $51, 49-1. 000. 00 24. 4ti2. 250. 00 29, OS5, 650. 00 23, 7ltl, 500. 00 [jX). 00 25, 2-l, 871,000.00 2,547,000.00 7, 12.t 000. 00 12, 430, 000. 00 I, 103,000. 00 3, r,o,, 500. 00 2,042,500.00 ~.1. 11135 January. ... .............. Februllry.... . . . . . .. . .... March . .. .... .. . ......... April.... ................. May. . ................... June . .. ................. . July... .. ... ..... ........ . Au~ust............ .. ... .. September............... October.... ....... . ..... . November......... . ..... December. . .. .. .......... .-\mount or rcpRy• meats and other reductions 1,832,.IOO . OO H3. ,m. lJO I, 402,000.00 z2,,, mo. oo b0,000.00 418,500.00 1,179,00000 831. ooo. oo 6, 155. UOO. 00 312. ,\00. 00 70,000. 00 5,000.00 2,f.00, 000. 00 6i-~. 000 00 ,2. ,lOll. oo 1, 115.000.00 395,000. 00 1,472,500.00 367, 5m. oo 6,4 11.000. 00 40\l IMlO. 00 2i5. OfiO. 00 ~.000.00 1 - - - - - - - - 1 - - - - - - -·l - - - - - - - 236, 127,219. 67 37,861 . 319. 00 14, 852,fOO. 00 12, 6.Si. 000. 00 ======-al==-====~,l=====z=-= 193G 65. 000. 00 J'anuary .. .. ... .. .. . ... .. . 30,000.00 February....... .. ....... 7,500. 00 March........ ........... .April... ...... . ....................... .... . ... May....... . ... .......... 67, .IOO. 00 40,000. 00 154. 000. 00 60. 000 00 4,000. 00 50,000.00 .55, 000. 00 30,000.00 15. 000. 00 June... ..... . ............ 25,000.00 July.. ... . .. . . .... ........ .August ... . ................................................ . ..... . 32,500.00 6. 000. 00 September. . ..... ... ..... 10, 000.00 35,000.00 October . ................. November ................................... . .......... ..... ... . 56,000.00 30,000. 00 December... .. .... .. ..... Total ............ .. 271,000. 00 491,500. 00 1937 35,000.00 20, 000. 00 Ja nuary........ .......... February ... .. .................................................. . March .... . ........ . ....................•.•.....•................ 40, 000. 00 April..... . . . . . . . • . . . . . . . . . . . . . . . . .. . . . . . . . . . . May .....•............................................. . ......... 15, 000.00 221, SOO. 00 June. ... ................. 288, 8,';0. 00 ••••••••••• ......... July........ ... ... ....... . 173,750.00 50,800.00 August... ..... ........... 258, 600. 00 94, 000. 00 September............... 102, 100. 00 20,000. 00 October. .... . ............ 29,000.00 Nol'ember. ...........•.. ...•••••••.......... 38,000.00 6,000.00 December.... .. .. .... .... TotRI. • •• .•........ 1938 700,450.00 691450. 00 5,000. 00 January... . .. . ....... .... ............... ..... 14, 000. 00 .. .. . . . ........... . . February.. .. ...... ... ... 10. 000. 00 . ...... . ... .... .... . March. .. . ............... 64,000.00 5b0, 000. 00 A prll. .. .. . ... .•.. .. .. .. . . 1,529,900. 00 . •••• ••••• . ......... May........ . ............ 570,900.00 220,000.00 June............. ........ 226,500.00 July.... .................................... .. 1, 57~, f;25. 00 75, 625. 00 August................... September •.•.•.••.••••.••..•.....•.............. •. ...... ..... ... 527, 713. 72 1.910, 750. 00 1,922,000 . 00 4, 704, 500. 00 28, 426, 324. 59 2, 102, 425. 00 1,619,670. 00 3, 609, 054. 02 1,681, 2f>4. 87 9, 806, 503. 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 JOO, 100. 425. 41 188,513,250.41 184,914,196.39 183,232,931.52 173. 482,427.90 63, 136, 291. 67 173, 482, 427. 00 I 4,075, 188. 87 865,985.00 1,747,120.30 1,313,467. 20 1,091,875.00 688,549, 65 8, 611, 932. 38 169, 442, 239. 03 167, 424, 463. 91 162, 969, 092. 91 161, 956, 445. 94 161,328,557.20 152, 372, 157. 20 1~1. 506, 172. 20 149, 932, 801. 90 148, 877, 934. 70 147,888, 159. 70 147,228,610.05 138, 654, 677. 67 200. 2a 138, 054, 677. 67 I 1, 323, 856. 59 137,335,821. 08 136, 660,010. 99 135, 022, 720. 11 134, 628, 602. 93 134, 100, 858. 34 132, 810, 138. 53 130. 994, 238. 64 131, 483, 635. 06 129, 744,753. 00 1,940.094. 57 4, 855, 98fi. 28 2,011. n5.12 I 4, 455, 371. 00 1, 052, 646. 97 627,888. 74 8, 971, 400. 00 I 35, 519, I 675,810.09 1,637,200.88 458,117.18 518,744.59 I, 8i0, 619. 81 I 2, 04 2, 399. 89 I 1, 086, 228. 58 I 1, 738, 881. 16 See footnotes at end of table. Digitized by Google 86 REPORT OF RECONSTIWCTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repayments, and other reductions, and amount outstanding from Feb . 2, 1932, to Dec. 31, 1938, inclusive, by classes and months-Continued TABLE PURCHASES 01' CAPITAL NOTES OR DEBENTURES 01' BANKS AND •rausT COKPANIE:t-Continued Y~ar and month Amount or authorization~ 1 'iii°i:~~~!;i r.:itri· reductions Amount of disbursements Amount out• standing at end of period 1938 October.....•..............•..................•.............•...• November....... .. .................. ... ..... $9,000.00 December •.............•.......•........... .. . ................... Total.............. Grand total........ $447,240.83 313,151.08 ' 600, 249. 76 $129,297,504.07 128, 993, 352. 99 128, 393, 103. 23 $2,399,525.00 2, 451, 025. 00 ' 12, 712, 599. 44 128, 393, 103. 23 433,536,975.00 342,987,475.00 • 214, 594, 371. 77 128, 393, 103. 23 I=====,= TOTAL, SEC. 5, TITLE I, OF THE AGRICULTURAL ADJUSTMENT ACT OF 1933, AS AMENDED [To Secretary or Agriculture to acquire cotton] 1933 August..... ... ........... $3,500,000.00 ••••••••.........•.........••••••••••••••••••••.....••...• September.. •. . . . . •. . . . . . . • . . . . . . . . . . . . .. . . . . $3, 300, 000. 00 . • . • •• • . • • • • • • . . • . . • $3, 300, 000. 00 December................ ........•...... ... .. .•.................. $3,300.000. 00 .•................ Total.. .•••-....... 1934 October................ .. Total. . . . . . . . . . . . . . Grand total. ....... 3,500.000. 00 . 3,300,000.00 3,300,000.00 ----------········ l=======l=======l=======I======= 20,000,000. 00 1--------1-------•1--------------20, 000, 000. 00 l======l======l,=====,I===== 23, 500,000.00 3, 300,000. 00 3, 300, 000. 00 • - •••••..........• TO'rAL, SEC. 36, TITLE II, OF THE EMERGENCY FARM MORTGAGE ACT OF 1933, AS AMENDED [Drainage, levee, Irrigation, and similar districts, etc.] 1933 October........••..•...•. December..........•.•... $383, 489. 21 ••••••.•••................••••......•••••••••...••.....••• 6,655, 624. 87 $2, 413, 955. 10 . • . . • •••• •• ••...•..• $2, 413, 955. 10 ---------------1--------1------2, 413, 955. 10 _.••••• __ ••• _. _•• • •• Total. •..•...•..•.. 7,039, 114. 08 2, 413, 955. 10 1934 1anuary.................. February............. .. . March................... 1=======1=======1=======1======= 7,947,345.85 3,480,267.47 5, 051,082. 40 ~::::::::::::::::::::: lune............ ......... 5,~:~~ • 7, 181,552.58 1uly .. ·•••·•··· ······ ···· August................... September............... October.................. November·-······-····-· December................ 3,719,600.17 783,302. 14 6,007,834. 94 297,552. 46 8,572,638.64 1,876,645.61 Total. ......... .... 1935 1anuary ..•..•..........•. February. .... . .......... March................... 1----------I 51,052,182. SI 110,943. 34 118,000. 00 1,513,198.99 480,294. 74 3, 528, 60!!. 65 1,017,407.80 296, 429. 81 1, 668, 007. 45 174,680.46 976, 697. 62 ·······--····--·-··· ···•···········-·-·· •......•....•.•...•• ...•..... ···-······· • $44. 09 _....• ·- •• _••• ·- •••• .••.•.•..•...••••••• .. ················-..• ···- ••.• ·····-··· 9, 884, 268. 86 12, 298, 179. 87 44.09 l=======I======= l=======I======= 665,743.09 837, 211. 49 310,207. 55 3,112,439.32 1, 568, 295. 53 (, 313,854.15 1,000.00 ~:t:::::::::::::::::::: June..................... d::~:~ 634,361.85 ~:~::::: 1,780,896.22 28,000.00 1uly •• ····-·············· August................... September........... . ... October··········· ······November·-············· December................ 431,650. 00 408, 747. 118 571,201. 74 1(,056, 891. 28 641,956. 80 11,722,301.51 1,588,310.88 3, 620, 285. U 1, 395,076.09 8,910,430.42 2,403,206.94 4,561,621.67 2,827. 88 11,500.00 9,600. 00 t28. 37 447.24 25,000.00 32,113,357.80 37,805,506.85 78,803.49 Total. -···· ········ 2, 413, 955. 10 2,413,955.10 2, 524, 898. 44 2,642,898. 44 (, lM, 09i. -Cl 4, 636,392.17 8, 165, 000. S2 9, 182, 364. 53 9, 4 78, 794. 34 11,146,801.79 11, 321, 482. 25 12,298,179.87 ---·----1-------- See fe>otnotes at end of table. Digitized by Google lS, 409,619.19 16,977,914. 72 21, 291, 768. 87 23, 507,068. 55 25,814,859. 36 Z1, 595, 755. 5S 29,181,238.58 32, 790, 023. 72 34, 175, 400. 81 ta, 085, 501. 86 (5, 488, 261. S6 ro, 024, 883. 23 ro, 024, 883. 23 REPORT OF RECONSTRUCTION FINANCE CORPORATION 87 6.-Amount of authorizations, disbursements, repayments, and other reductions, and amount outstanding from Feb. 2, 1982, to lJec. 81, 1988, inclusive, by classes and months-Continued TABLE TOTAL, SEC. 36, TITLE II, OF THE EMERGENCY FARM MORTGAGE ACT OF 1933, AS AM~; ND ED -Continued Amount of authorizations Year an<l month 1 Amount of disburst•mC'nts Amount of repaym,·n ts and other reductions Amount out• standing at end ol p,•ri0<I 1936 Janunry ...•...•.......... February ..........•.•••• lllarch ...........•....... April ...••.•.•..•..•.•.•.• Uay ...•...•..•.•••.•.... June ....•................ July ...•........•........ $515,425. 31 3, f,23, 4S8. ~'II 3, V:.!Y, 171. 00 4, o7tl, 675. 70 2~,363. 40 4, 3:l.5, :l>,li. 70 1, 00~, IJ:.!. 43 3,453.440. 18 l,:l'2:!,t04. f>4 414, Oi•ti. 32 I 1,685, i4ti. 00 800,ti03.24 $1,787,345.64 73, 34,,. 48 $27,049.98 6,000.00 20,500.00 27,986.25 20,517.00 17,001.59 42,444.09 43,994.17 38,417.28 27,226.09 74,641.19 $51,785,178.89 901, f\07. :!8 837,089. i2 90'2, 784. 6~ 538,028.02 1, 346, 261. 49 157,832.00 fil. Rfi'2, 524. 37 53,420, no. 01 54, 712. '.'55. ll7 55, 212, 784. 03 56, 110. 212. 82 60, 100, [,()(), 82 60, \158, I l:l. 93 61, 756, 7&1. 37 62, 632, 344. \Kl 63. 095, 731. 73 64, 284, 161. 22 14. 762,887.63 W3,609. 64 64. 28\, JOI. 22 June .•.•....••.•.•.•.•..• July_ .••.•...•••••.••.•.• August. .......•.••..•.•.• Septemher .•............. Octoher .....•... _........ November _______________ December ......•........ _ 597,722.39 1,676,249.50 1,411,310.54 4, 264, 598. 71 300,231.03 t 1,820,027.44 1, 567, 380. 68 t 213, 382. 93 I 361, 21S. 25 I 330, 9i9. 26 I 810,116.88 t 1, 134, 942. 69 885,807.12 1,397,031.81 1, 248, 609. 10 3, 249, 522. 39 677,838.36 1,263, Ml. 45 2, 276, 729. 80 4i0, 325. 43 2,334, 770. 15 102, 746. 17 57,600.62 422, 5i8. 55 6,368.94 29,035.06 73,~.68 131,093.04 164,838.06 104,723.45 83,657.46 26,4().l, 65 197,776.64 120,854.53 34,154.81 172,924.87 66, lti3, 599. 40 66,531,596. 11> 67, 706, 318. 117 70, 8H, 747. 92 71,137,748.22 72, 396, 686. 22 74,589,758.56 75,033, 6i9. 3' 77,170,672.86 77,152,564.49 77, li6, 010. 30 77,425,663.118 Total. .....•....•.. ' 14, 488, 160. 30 14,287,220.95 1, 145, 718. 19 77, 425, 663. 98 190,099.95 2,100,697.43 366,167.86 547, ms. 75 1, 775, 116. 73 1,026,907.50 ~71. 204. 21 t 1,230,251.41 889,145.49 194. 564. 61 1, OOS, 315. 64 248,844.20 434,194.07 170,815.17 61,167.66 1,335, 8l9. 68 337,464.92 448,786.34 219,771.84 52,526.14 302,641.65 164,mo.58 1,179,678.67 249,825.22 181,234. 70 101,831.55 301,944. 79 ll7,017. 62 86.230.08 24,618.90 109,322.64 187,951.96 t 94,419.29 86, 1%.47 8, 9i4. 88 1 46,134.61 77,678, 6:3. 36 77, i4i, GOO. 97 7i. 506, ~29. 84 78, Vi6, 866. 74 79,401,034.18 79,511, 41:13. 38 79,376,057.56 79, 584, 2711. 92 79, 602, 995. 03 80, 833, 698. 82 81,037,389.43 Augu~t. ________________ . _ September ............... October .•.•.•..•.•....... XoYember _...•.•.••..... December .•••••••........ Total ..•.•.•.•... __ -------' 20, ~43, 303. 71 1, 588, :.os. 64 1,320, 01~. 21 531, ().15. 06 9().1,430.:lh 4., 032, 73:l. W 1937 January ••••..•••.•..•..•• February ••••.•.•........ March •.•••••••••••..... _ April.. •...••.••..•....••. ~• "·Y .••.....•••••..•....• 1938 January ...•........•...•. nf:ci~~.~::::::::::::::: April.. •.•....••.•...•... _ :l.hy .••....•..•.....•..•. June .......•.•.........•. July_ .•....••.•...••..••• August ..•............•.•• September .•.••...•.•.•.. October ......•.••••.•..•. Kovember ..••••••.•....• December •..•...••.....•. 78, 715, fi3l. 90 Total. .•••••••••••. 9, 848, 933. 78 4,957, COi. 94 • 1, 345, 876. 49 81,037,389.43 Grand total. ••.•••. 111, 485, 052. 48 84, lll, 441. 33 • 3,074,051.90 81,037,389.43 TOTAL, ACT APPROVED JUNE 10, 1933, AS AMENDED 1938 December.....•.•••••.... Total.............. $4,375,000.00 $4, 375, 000. 00 $4, 375, 000. 00 1---------t---------1-------- - 4,375,000.00 ---4, 375, ooo. 00 4, 375, 000. oo ................... . 1934 March 7,500,000.00 __ ------------ ----- - -------------------- ~}\:::::::::::::::::: ..... J~?~:~. ::::::~~=~=~=~: :::::::::i~ii~= tugust......... ..••...•.• ecember................ 10,100,000.00 750, ooo. oo 10,100.000. 00 •••••••••••••••••••• 4,250, ooo. oo 2 , 000. oo Total. ..••...•••••. 25, 850, 000. 00 25, 850, 000. 00 J 1936 Aanuary ••••••••••••••••...•.•..••••.•.•.•.••• ugust............ •• • • • . • 160, 000. 00 Total.............. 150,000.00 92,000.00 4,375,000.00 15,875,000.00 15,875,000.00 15, 785, 000. 00 25, 885, 000. 00 30, 133, 000. 00 30, 133,000.00 100,000.00 150, 000. 00 ••••••• •• • • • ••• • • • • • 30,033,000.00 30, 183, 000. 00 150,000.00 30,183,000.00 100,000.00 1======1======11======1===== See footnotes at end of table. Digitized by Google 88 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizations, diaburaements, repayments, and othM reductions, and amount outstanding from Feb. 2, 1932, to Dec. 31, 1938, incl'U8ive, by classes and months-Continued TABLE TOTAL, ACT APPROVED 1UNE 10, 1933, AS AMENDED-Continued Amount or authorizations 1 Year and month Amount of repay• ments and other reductions Amount of disbursements Amount out• standlnl? at end of period 1936 January •..•••.••. ····-·-- -···-·-·-·-· ----·- ... ... ·--·---------·-MaY-······-----·-·-·-··· ····-···-·-··------- ······ · ··-------··-- $100, ti00.00 S30, 082, 500. 00 1,827. 86 30,080,672.14 30,080,615.111 29, 1155, 616. 111 33, 1155, 616.111 June •• ·····-·------···----·--····-·-·------ -- ·······---- · -·--···li6. 96 July··········---·-··---- -···---------- ____ .. ····· · ····-·····-.. 125,000.00 August ••·--··-- · ···-·-·-· $4,000,000.00 $4,000,000.00 -·-··-·-············ •~:f :: ~: tu: 1•2tt:m:gg ::Ws:~:: 28,024,430.56 350 ~~~J:~.::::::::::::::: :::::::::::::::::::: :::::::::::::::::::: December.·---·- .. ··- ____ -···---···-·-···- ·· · -- · ··· ·• .. · •-···-··· TotaL ..... ···-·-·- 4,000,672. 14 29,604,622.50 1--------1-------4,000,000.00 4, 578, 377. 50 211, 604,622.50 4,000,000.00 1937 ~:1c~Y·::::::::::::::::: :::::::::::::::::::: :::::::::::::::::::: May •••.• -... .. -· ---····- ··-·-·-·-··-········ June •••••••.•............ -··················· July .••.•..••.....•.... _.-·-················· August ••..••.....• ·-··· .. -··················· OctobeT ••.••..•.•...•. _.. -··················· December.•............ -.---·-············· ·· ··················-· ................ _.__ .......... .... ______ ................... _ . . .................. •...••••••••..•..... TotaL •.. -.•..•.... ··-················· .•••••.....•••••.••• 330, 9'.1. 96 61,886.73 126,243.05 30,000.00 13,580.26 25,025.26 1--------1------1,836,927.25 27,767,695.25 I======= 1938 January••.•••...• ·-· ·······-·-·-········· ...................... _. February .••..... -·-····-··················- · . . . . ................ March ••••. ••.. . ----·- ·· · ····-···-·····-····· ····· ·· ···········-- June.··········-· ··· ·-·· · .............. . . .... ··················-- September ......•........ ··············-·····........... ......... October ••.••• .....•.•.• -. 100,000.QO .... . .... .. .... --··· November............... -··················· 100,000.00 December................................................. ·-·-··- 27,062,543.82 27,836,300.77 27,806,300.77 27,792,720.51 27,767,695.25 20,000.00 407,305.19 27,176.57 13,421.94 1 13,373. '6 ..••.•••••••••••.••• .••.•.•••••.•.•••.•• • 100,000.00 27,747,695. 25 27,340,390. 06 27,313,213.49 27,299,791.55 27,286,418. 09 27,286,418.09 27,386,418.0II 27,236,418. 09 ---1- ------ TotaL .. .••.•.•.••• 100,000.00 100,000.00 • 631,277.16 27,236,418. OIi l===========I•=======!======='. ======= Grand total........ 34,475,000.00 34,475,000.00 7,238,581.91 27,236,418.011 I • LOANS ON PitEFERBICD STOCK Oli' INSURANCE C'OXPANIICS [Under the act approved June 10, 1933, as amended] 1933 December••••.. ·-····-··· Total. •... --.•····· $4,375,000. 00 $4,375,000.00 ······-············· $4,375,000.00 1--------·l--------1 - -------1------4,375,000.00 4,375,000. 00 •• •• •..•.•..••••••.• 4.375,000.00 1934 March................... 7, 500, 000. 00 1 .·::: ::::::::::::::::: ~~·.~~~'.~. 1uly .. .. .............................. ....... ·············-··-··· August................... 10, 000, 000. 00 10,000,000. 00 December................ 750, ooo.00 4,250,000.00 • tr:: t~;::O:~ ...... Total. •.....•••••.. 25, 750,000.00 ·· 2,000.00 4. 375, 000. 00 16, 875,000.00 16, 876, 000. 00 15,785,000.00 25, 785, 000. 00 30, 033, 000. 00 92,000.00 30,033,000.00 100,000. 00 29, 933, 000. 00 30,083,000.00 100,000.00 30, (El, 000. 00 :::::::::::::::::::: $90,000.00 25, 750, 000. 00 1935 January••.••••....•...•...•••.•.....•.. . ......••••••...........•. August.... ............... 150, 000. 00 150,000.00 Total. ......•.••••. 150,000.00 150,000.00 1936 January••.• . ....•.. . . -....................... ....••..••.. ....... 100,500.00 May ••.••.•.•............ ·············--- · · · ·············-· · ·-··· 1,827.86 June • •• •••••..• •..•.. -.•. ············ ··-· ···· ..•••• .•...•...... •. li6.96 July ..................... ............... _.·: .. ....•••• .... ..... . .. 125,000. 00 August.......... ......... 4, 000,000.00 4,000,000.00 .....•..••.....•.••. October •.•.•....••••••... ····-······· : ............ .... ...... . .... 350,000. 00 November........................... •-······ ... ... ..... ......... 320. 55 December................ ...........•...••.•• ..••••••••......•... ,, 000, 672. 14 Total. ••••••••••••• 4,000,000.00 4,000,000. 00 4,678,377.50 See footnotes at end of table. Digitized by Google 29, 982, 500. 00 29,980, 672. 14 29,980,615.19 29, 855, 615. 19 83, 8:.S, 615. 10 33,505, 615.111 33, 505, 294. 6' 29, 504, 6:.?2. 50 29, 504, 622. liO REPORT OF RECONSTHl'CTION FINANCE CORPORATION 89 6.-Amount of authorizaiiom, disbursements, repayments, and other reductions, and amount oulslandi11g from Feb. £, 1982, to Dec. Sl, 1938, inclusive, by classes and monlha-Contin1H'd TABLE J,OANS OM PREFSRREI• 8To:1t or INSURANCII COIIP.UflJ:S-Contlnued Year and month _\yr,r1tt:1t n( I ! Amount of rl :!'-bur:.-:c rnrn ts 1111thoriz.ut.i11ns 1 .Amount of rrpay. ment~ and other reductions .Amount nut• stand;ng at end or p,,riod 1------- 1937 1anuary.................. .................... .................... March .••.•.•.•..•.•...•..............•.•.••• ·······-···•········ May ..................... ······-············· ··········-········· June .•..•...•.••.•.••.••• ··-··---························-·--···· July_ ..••.•...•••. -·. -· ......•....•••..••.•••.••••......... ·-.... August ..•...........•.•.•..•.... ··-·· ...•.....••.............. ·-· October.................. .•. .. .••.• .... .••••• ••••.•........ .. .... December •.••••..... ___ .. ---····•---··--·---- -·-·--·--------- .... Total •• ___ • ________ ···---------·-·····- ------·-··---··-·--· $1,235,000.00 14,2W.OO 330,941.95 61,881\. i3 126, 243. 05 30,000.00 13, 1i80. 26 25,025.26 f28,269,622.60 28,255,372.50 27,924,430.55 27,862,543.82 27, 736, 300. 77 27, 70f>, 300. 77 27, f.92, 720. 51 27,667,695.25 1,836,927.25 27,667,69.~.25 1-------+------- 1938 1anuary·-··-··----·----·- ··-·---·-····-·-·--· ---------··-·····-·20,000. CO February····-····-·----- --······----·--·---- ----··---····-······ 407,305.19 March •••••• ·-·········-- ·-··-··-·--·-·-·-··· --·--·----··-·····-· 27,176.57 June.·-··-·············-- ·····-·····------··· ··-···-··-··-·--···· 13,421.94 September .. --····-···-·--·------··--··---··-·········--·----···· 113,373.46 October_·-·······-··-··-· $100,000.00 ·-······-------····- ·--······-·········· November.. ,·-----····-·-····---·····--····· $100,000.00 ········--····-----· December.·-·-····---·-·-···----·-··-·-··-···.................... • 100,000.00 Total. .•••.... ·-··· 1 Grand total.. .• _.__ 100,000. oo 34,375,000.00 I SUBSCRIPTION FOR PREFERRED 100,000. oo 34,375,000.00 STOCK • 631,277.16 I I •7,238,681.91 ! 27,647,685.25 27, 240, 390. 06 27,213, 21:i. 49 27, 199,791.56 27,186,418.09 27, 18ft, 418.09 27, 2~r.. 418. 09 27, 136,418.09 27,136,418.09 27, 136, 418. OIi or AN INSUBANCII C0KPANY [Under the act approved Iune IO, 1933, as amended] 1934 August................... Grand total........ $100,000.00 $100,000.00 •.•••••••••.•••..••• $100,000.00 100, ooo. 00 100, ooo. 00 .....•.•••••••••..•• 100,000.00 >--------·>-------·0--------1------- 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) 1934 1une .•. -................. $600,000.00 ··········-···-·-··· .••••..•..•..•..•••••••.•..••...•..••• July ..•...••••••••••••••• ············--····-· $2i, 690. 00 ··········-········· $27,690.00 August_················-·····-·····-········· 78,700.00 ···················106,390.00 September............... 1,550,000.00 9,650.00 ·················--ll6,040.00 October ••.•••.....••..... ·-·-····--·······•·· 18. 500. 00 ···············-···· 134,540.00 November_···········-·· ···············-···· 3~0. 00 ···············-···· 134,930.00 December.•.. ·-···-······ ················-··· 25,500.00 ··············-·---· 160,430.00 Total •••••••••••••• 2, 150, 000. 00 160. 430. 00 160,430.00 1935 Il~r~li"?·---··-······--·· --················-· 21J; ~: ~ ···················· June .. -••....••••••••.•.. August._ .....••••••....•. Beptember •• ·-····-······ October...•.•..•.•••...•• November_.............. December••.............. ············-······· 3,000.00 18. 385. 00 300. 00 4,400.00 202,205.00 223,155.00 225,155.00 239,685.00 239,535.00 231,335.00 484,335.00 1, 234, 085. 00 1, 232, 665. 00 1, 235, 365. 00 1, 249, 350. 00 150,000.00 1, 101, 285. 00 12,365.00 1, 249, 350. 00 19,150.00 6,500.00 12,425.00 17,600.00 355,245.00 6,848.25 327. 93 1.971.23 7,3M.14 34,307.46 1, 262, 651. 76 1, 268, 823, 82 1, 2i 9, 277. 59 1, 289, 613. 45 I, 610, 550. 99 1anuRrY·-··········-····· ····-·······--···-·· 41,950.00 176. 00 ~:t······--·········-·· --·····-·-··-······· .......... 16,000. 00. Total.··-···- __ .•.. 1936 • ~ ······-············-····--···--···-····· 6,200.00 ·-··-·········-···-· 250,000.00 ·················-·· ·······-············ 750,000.00 250. 00 ···········--··---·-···-···············1,420.00 150,000.00 t:;8: 1======1======1,=====,1===== 1anuary_···-·-··········· 50,000.00 February .••.•••.••••.... -·-. ····-·····- ···-· March.······-··········- ··················- _ ApriL ....•.•.••.•. _..... 629. 517. 00 May····-·····-·········· 780. 667. 75 See footnotes at end of table. Digitized by Google 90 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repayments, and other reductions, and amount outstanding from Feb. 2, 1932, to Dec. 31, 1938, inclusive, by classes and months-Continued TABLE TOTAL, ACT APPROVED APR. 13, 1934, AS AMENDED-Continued Year and month Amount of authorizations 1 Amount of repay. men ts and 0t her reductions Amount of disbursements Amount out• standlng Rt end of period 1936 $5,347.19 4,882.72 973,124.98 IO, 054. 56 11,215.95 9,901.09 18,860.56 $1. m, 46.'i. 03 2, 006. 907. 73 1,293,410. 1\8 I, 409,487. 12 1. 498. 371. 0.5 1. f,64. 722. !l6 1, 789, 714. 32 1, 623, 560. 38 1, 083, 190. 06 1, 789. 714. 32 65, 738. 25 55,708.59 24;62,5. 00 102,800.00 57,600.00 38,000.00 49,900.00 38,300.00 42,700.00 30,130.00 28,510.00 36,560.00 15,081.27 16,597.33 17. 036. 22 18,032.55 29,319.28 35,849.53 22,683.88 32,367.01 39,203.77 28,856.47 20,984.28 28,856.50 1, 840. 371. 30 1. 8i9. 482 ..56 1,887.071. 31 I, 9il. 83S. 79 2,000, ll9. .51 2. 002. 2n9. 98 2, 029, 486. 10 2. O:l.5, 419. 09 2. 038. 915. 32 2, 040, 188. 85 2, 047, ·, 14. !>l 2,055,418.07 570,571.84 304,868.09 2,055.418. 07 25,912.46 17,540.39 20,276.69 12,634.76 18,800.19 18,891.24 176.078. 00 22,810.14 1 20,104.97 16,970.63 17,724.08 '13, Ot2. 83 2, 032, 105 61 2, 014, 565. 22 1, 994, 288. 53 1,981,653. ii 1,962. 8.53. 58 1, 943, 9fl2. 34 1, 767, 884. 34 1,757.074 20 1, 73f>.969. 23 1, 723, 498. ti() 1, 705, 774 . .52 1, 692, 731. 69 June .................... . July ..................... . August. ................. . September .•............. October ................. . November .............. . December............... . $1, 213, 459. 00 195,195.00 117. 505. 00 62. 345. 00 46. 575. 00 98,750 00 80, ,50. 00 $172,261.23 234,325.42 259,627.93 126,131.00 100,102.88 176,250.00 143,851.92 Total. ............ . 3, 274, 763. 75 1937 January.................. 15,900.00 February................ 6,325.00 March................... 21. ,500. 00 April..................... 6,700.00 May..................... 31. 700. 00 June..................... 30. 000. 00 July...................... 5,300.00 Aumst................... 14,500.00 September............... 1,000.00 October.................. 12,000.00 November •.....................•.•.......... December................ 600. 00 Total. •............ 145,525.00 f----- 1938 January.................. 14,000.00 2,600.00 February •...................•.................•................ March .......................................................... . April ...........................................•................. May .............................•............................... June .....•....................•...................•.............. July ...............•...........•.•...............••...•........... Au1mst................... .................... 12,000.00 September ...................................................... . October...................................... 3,500.00 November ..................•.................................... December ....................................................... . Total.............. OrandtotqJ........ 14,000.00 18,100.00 ' 380, 786, 38 1, 692, 731. 69 5,734,288.75 3,473 947.22 • 1, 781, 215. 53 1, 692. 73J. 69 l=======l=======l=======I= TOTAL, SECTION 14 OF THE ACT APPROVED JUNE 19, 1934, AS AMENDED (Loans to borrowers engaged In the mining, milling, or smelting of ores) 1935 February................ March................... trat···················· June..................... July...................... $168,000.00 432,000.00 ·m:~:~ 3 541,000.00 750,000.00 348, 000. 00 545,000.00 August................... September............... October.•..................•................. November............... 60,000.00 December................ 23,000.00 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 ·t8: ooo: ..••••••••••••..•••• - ••••• 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 6,307,000.00 932,000.00 15,000.00 917,000.00 335. 000. 00 185,000.00 351,000.00 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 80,000.00 857,000.00 872,000.00 975,000.00 978. 000. 00 979,000.00 691,000.00 746,000.00 1, 054, 000 00 1, 186, 000. 00 1936 Janlll\r:,.................. February................ March................... tf:~L.................... ~: 888:~ June..................... July...................... 18R, 500. 00 131,000.00 August. ...............•...•.....•............ Septem bcr............... 292, 500. 00 See footnotes at end of table. 30,000.00 40,000.00 305,000.00 25,000.00 Digitized by Google REPORT OF RECO~STRUCTIO:--. FINANCE CORPORA'.rION 91 6.-Amount of authorizations, disbursements, repayments, and other reductions, and amount outstanding from Feb. 2, 1932, to Dec. 31, 1938, inclusive, by classes and months-Continued TABLE TOTAL. SECTION 14 OF THE ACT APPROVED JU'<E 19, 193t, AS A'.\IE:'.',"DED-Continued Amount or Year and month authori1.~ltions 1 Amount of <iisburscmcnLs Amount of repay. nwnts and nther Amount out• standing at. end reductions of puit,d 1936 October.•........••...... November .............. . December............... . Total.............. $252. 500. 00 20. 000 00 39,000.00 $73. 500. 00 47,000.00 71,000.00 2,601.500. 00 OtO. 500. 00 l=======I======= $40,000.00 $1,259,500. 00 l. JOG, 500. 00 l, 337,500. 00 520. 000 00 l, 33i, 500. 00 I, 344,500. 00 l, 3r,3, 500. 00 l, 438, 805. 79 l, 548. 805. 79 l, 053, 805. 79 l, 879, 805. i9 I. 879, 805. 79 2,053, 80:\. 79 2, 164, 80'>. 79 2,178.423. 52 2, 179, 308. 98 2, 162, 423. 52 1937 Janmry.... .............. 550. 000. 00 Febru:iry.... .• . . . . . . . . . . 325, 000. 00 March................... 20,000.00 April..................... 33S, 000. 00 M"y................. .... 64,000.00 1une. .......... .•. . ... . . . 100. 000. 00 July..................... 57,000.00 August ................. _. 20. 000. 00 September............... 606,000.00 October .........•..............••..... No,·ember............... 250. 000. 00 December ............. __ . 20. 000. 00 Total.............. 1938 37,000.00 19,000.00 30,000.00 !4S, 000. 00 72, 69t. 21 110. 000. 00 12S, 000. 00 280. 000. 00 30. 000. 00 199. 000. 00 131,000.00 Jt. 000. 00 51. 000. 00 12t, 000. 00 20. 000. 00 60.000. 00 30. 000. 00 2b. 000. 00 20,000.00 20,382.27 50,114.54 140,885.46 2, 162, 423, 52 2. 350,000. 00 l, 29t, 000. 00 469,076.48 l = = = = = = l = = = = = = l , = = = = =01 = = = = = January.................. 20,000.00 February ••...................•.........•.... March .................. _ ......•....... --•··. April..................... 13,000.00 May..................... 200,000.00 June .••......... _........ 6.,9, 000. 00 July..................... 25,000.00 August................... 160. 000, 00 September............... 20,000.00 October.................. 180, 000. 00 Novem her .......... __ ... 100, 000. 00 December .•.......................•.......... 71,000.00 3, 175. 16 119,000.00 ........ 1s1,ooo.oo ··•····•··10,ooo.oo 92, 000. 00 140, 000. 00 20, 000. 00 51,000.00 15,000.00 65,000.00 75,000, 00 99, 000. 00 5, 000. 00 104. 300. 00 I 8(), 000. 00 34, 500. 00 25. 000. 00 74,000.00 40. 600. 00 4 40, 000, 00 11, 900. 00 2, 230, 248. 36 2,349.248. 36 2,490,248.36 2, 582, 24/l. 36 2, i02, 248. 36 2,738,248.36 2,728,248.36 2, 823, 148. 36 2,847,448, 36 2, 851), 948. 36 2,823,548.36 2, i95, 448. 36 1--------1------- Total. •.•...•...... i===l,~3=7=7,=000=.=oo=l,===9=80=,2=00=·=00=1==='=34=7=,=17=5=.1=6=1===2~,7=9=5=,4=4=8.=36 Grand total........ 12, 635, 500. 00 4, 146, iOO. 00 'I, 351, 251. 64 2, i95, 448. 36 TOTAL, SEC. 16 OF THE ACT APPROVED JUNE 19, 1934, AS AMENDED [Loan to a public-school authority for payment of teachers' salaries due prior to June I, 1934] 1934 August................... $22,500,000.00 $22,300,000.00 .•••••.........•.•.. December................ .....•...•.......... .............•...•.. $22,300,000.00 Grand total. ...... . 22, 500, 000. 00 22, 300, 000. 00 22, 300, 000. 00 $22, 300, 000. 00 22, 300, 000. 00 TOTAL, ACT APPROVED AUG. 24, 1935 [Loans to or for the benefit of tax•supported puhlic•school districts or other similar public•school authorities in charge of public schools] 1936 $3:iJgg gg 208,500.00 JJ{uepnn~uarefj1~Y_-_- _-:::::::::::: : August.................. September............... October.................. DecembAr ............... Total.............. s~!'.~&:~ 257,000, 00 ......................••...•.•.•.•.••.....••.•.....••..... 30,000.00 .•...................•••.•••.•.•....•........•...•...•.... 181,000.00 .........................••........••...........•..•.....• t-------·1--------1 I, 765, 720. 47 See footnotes at end of table. Digitized by Google 92 REPORT OF RECONSTRUCTION FINANCE CORPORATION 6.-Amount of authorizations, disbursements, repayment&, and other reduc,tions, and amount outstanding from Feb. 2, 1932, to Dec. 31, 1938, inclusive, by classes and months-Continued TABLE TOTAL, ACT APPROVED AUG. 24, 1930-Continued Year and month Amonntof authorizations • Amount of disbursements Amount or repay• ments and other reductions Amount outstanding at end or period 1937 January.................. $15,500.00 $53,420.47 ··-·--·-·-····-·-··· March................... 153,000.00 April.................... 70,937.08 ....................••.•.•••.••••....••. May ..•..........................•........... 22,500.00 15,500.00 July .•....•.•••.......••...•................. 43,666.23 August. .•.•.•...•.....••......•.............. 13,333.32 September............... 579. 53 1,579.98 November .•................................. Total.._ .••.....•.. 240,016.61 150, 000. 00 >--------,-- 1938 May..................... 1,062.92 September....................................................... Total.............. $500.00 $53,420.47 53,420.47 53, <l20. 47 75,920.47 91,420.47 135,086.70 148,4:20.02 150,000.00 150,000.00 150,000.00 149,500.00 1,062.92 .................... 500.00 149,500.00 1=======1=======1=======1====== = 2, 006, 800. 00 150, 000. 00 • 500. 00 149, 500. 00 0 Grand total........ TOTAL, ACT APPROVED MAY 20, 1936, AS AMENDED [Loan to the Rural Electriflcation Administration] 1936 October.................. Total... ........•.. $1, 000, 000. 00 $100, 000. 00 $100,000.00 1,000,000.00 100,000.00 100,000.00 298,000.00 200,000.00 402,000.00 1, 400, 000. 00 1, 600,000. 00 900,000.00 1, 050, 000. 00 2,475,000.00 3, 275, 000. 00 5, 1.50, 000. 00 4, 750, 000. 00 $2,42-0.46 398. 000.00 598,000.00 1, 000. 000. 00 2, 400, 000. 00 4, 000, 000. 00 4,897, 5i4. 54 5,947,574.54 8,422,574.54 11,697,574.54 16,847,574.54 21,597, 5i4. 54 21, 500, 000. 00 2,425.46 21, 697, 574. 54 1--------1--------1-------- 1937 February ...•.•...•.••.•.••..•..•.••••.....•. March ...•.....•.............••.............. April. ...••....•......•• : 15,000,000.00 May •.....•.........•.........•.•..•......•.• June..................... 30,500,000.00 July ....•.•.•••.•.....•.. ·················-•· August. ......••••••.......•.•..........•..... September .•........•..•..•.•..•..•.•...•.... October ••.•.....•.•.•.... -·--···-·-·········· November •.•...•...•.•...•....•.•••.•....•.. December•••••••..•••••.. ··-····--·-········· Total ••••••...•..•. 45, 500, 000. 00 1938 January ••••••.••••....•.. •··················· February ••••..........•. ·•·-···········---·· March ..•...••.....•..•••..•....•...•..••.••. April •.•.•.••....................•........••.. May ..................... ................... . June ....•...•......••...........••.•......... August................... 10,000, ooo. 00 September._ • •. . . • . . • • . . . 20, 000, 000. 00 November............... 30,000,000.00 Total.............. Grand total........ 60, 000, 000. 00 I======= 106, 500, 000. 00 4, 457, 000. 00 3, 450, 000. 00 2, 250, 000. 00 2, 000, 000. 00 1, 400, 000. 00 11,343,000. 00 24, 900, 000. 00 26, 054, 574. 54 29,504,574.54 31, 754,574.54 33, 754, 57 4. 54 3-0, 154, 5i4. 54 46, 497, .,7 4. 54 46,497,574.54 46,497,574.54 46,497,574.54 (•) 46, 500, 000. 00 • 2,425.46 46,497,574.54 46,497,574.54 These figures have been adjusted on account of rescissions. • Revised. 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. • Exclusive of repayments unallocated, pending advices, as of Dec. 31, 1938. • Of this amount, $282,825,766.70 represents cancelation of the Corporation's notes1 _pursuant to the pre• visions of the act approved Feb. 24, 1938, equivalent to the balance of the amounts wsbursed for relief and work relief under title I of the Emergency Relief and Construction Act of 1932, as amended. • Represents refinancing of loans previously made by the Corporation to Federal land banks for different Individual amounts, but in the same aggregate amount. 1 Represents increases due to accounting adjustments in loans previously authorized. 1 Includes authorizations of $1,604,712,664.99 to the Commodity Credit Corporation, of which $767,716962.21 was disbursed and repaid. • Represents cancelation of the Corporation's notes, pursuant to the provisions of the act approved Feb. 24, 1938, equivalent to the balance of the amounts disbursed. 1 1 Digitized by Google 7.-Loans to aid in the reorganization or liquidation of closed banks and trust companies from Feb. 2, 19,'12, to Dec. 31, 1938, inclusive, by States (includes loans to receivers, liquidating agents, and conservators, and loans through mortgage loan companies to aid in the reorganization or liquidation of closed banks, under sec. 5 of the Reconstruction Finance Corporation Act, as amended; and loans on the asseta of closed banks and trust companies under sec. 5e of the Reconstruction Finance Corporation Act, as amended) TABLE ~ t'.l BANKS AND TRUST COMPANIES tot, National 1 State I Amount authorized Amount with<lruwn or canceled I All others Amount disbursed Amount authorized Amount withdrawn or canceled Amount dis· bursed 0 ~ ~ Total Amount authorized Amount withdrawn or canceled Amount disbursed 0 "-':I ~ t".l 0 cg:N. (1) 0. CY '< CJ 0 ~....... ('i) AlRbama ____________________ Arizona _____________________ Arkansas ___ • _______________ California ___________________ Colorado____________________ Connecticut_. ______________ Distriet of Columhia ________ Florida_ •.• _________________ Georgia _____________________ Idaho _______________________ lllinois ______________________ Indiana _____________________ Iowa ________________________ Kansas _____________________ Kentucky ___________________ Louisiana. __________________ Mninc ______________________ Maryland __________________ Massachusetts ______________ Michi~an ___________________ Minnesota __________________ Mississippi.. _______________ Missouri. ___________________ Montana ____________________ Nebraska ___________________ Nevada. ____________________ New Hampshire ____________ New Jersey _________________ New Mexico ________________ New York __________________ North CarolinR _____________ $1,173,300.00 217,000. UO I, 785, 200. 110 13,948. 4S1. 71 I, 867,950.20 $382, 402. 20 67,600.00 325,401.29 2,842, 51.M. :l7 439, 019. fi3 $700, 897. 80 149,400.00 $.5, 107. 812. 4fi I. 428 948. 71 8, 4~7. GI8. 44 3,3M,fi81.H 71. 5/Kl. 00 3,331, ()()()_ 00 ll,OW.SOI.R2 I, 428,930.57 ---------------------------------------------16, 664, 341. 35 14, 127, :.392. !Ni 2, 392. 948. 39 1,866, 31!0. 00 fil3, &IKI. 00 3, li28, 400. 00 37,756,212. 96 21,230,926.87 11,401,002.20 2, 285, 700. 00 8, 9.'iu, 572. 41 336,300.00 11, 823, 200. 00 3, 499, 0.36. 28 10, 250, 700 00 259.846,0·1:Ui8 2,638, 747. 13 2, 902, 400. 00 7,971, /iOO. 00 465,200.00 I, 518, 12fi. 58 005, 000. 00 720,503.82 65,000.00 7, 134, 900. 00 $2, 703, 267. 89 117,198.27 3, 63R, 852. 33 21)3, 443. 00 2,951. 70 675,234.48 $2, 404, 544. 57 130. 301. 73 4, 850, 766. 11 3, 07:l, 237. 54 r,i,, o-18. 30 2, 655, 765. 52 ---------------------------------------------4, 9.'7, 072. 27 3, 024, 308. 48 I, 932, 763. 79 l, 145, i9fi.18 309,168.55 4, 69'J, OOIJ. 51 3, 21,4, 193. 27 ---------------2S, 393.413. 27 30, liOX, 964. 86 If>. 4!~). 278. 27 6, 40~. 375. 85 \I, ():,1\, 4::8. 94 7, 4:30, 71Kl. 00 1. 630, fi,\5. 40 1,411,()(JO.OO 6,473, 00:l. 55 1,231,788.82 105. IMlO. (JO 47,550. lflfi. 10 11,023,764.68 31, 8.o>;. 77G. 50 2, 8!>5, 560. 69 10, 21i9. 024. 00 20, -1,;s, 148. 32 7, 7fi3, OG2. 98 214,093.943. 39 fi2, 438,091.44 3. 130, 10(). 00 2,007,054. 61 2, 302, 725. 00 4, 1118, o5U. 94 5, 6,\4, 741. 32 9,643, 227. 37 337,500.00 674. 000. 00 I, 141,523 ..'i!! 2, 5.12, 978. 69 695,800.00 I, 977. 364. 19 500,000.00 ---------------6,680. 748. 15 16,985, 141. 76 9,231.000. 00 25,800.00 :l9, 200. 00 4 J:l. 473. 54 6, 2tl2, l 8.'"1. 78 37,088.505. 29 17. "'"· 943. 48 1, 790, 192. 11 5,315,707.89 8, OSI, 751. 48 204,631.45 364, 20fi. 73 9, 200, 49\J. 69 4, 693, 44K GO 2, :l22, 8f,l. 26 655, OH. 60 2,047, MS. 811 231,300.00 787,435.32 579,475. 59 2,401,237.02 45, G61, 222. 20 563,102.52 599, 67:.. 00 2,307, 758 G8 126. 2()(), 00 37n, 603. oo 209,200.00 ------------------------------23,729,489.91 44, 268, 593. 35 247, !'100. 00 2, 056, 933. 06 2, G05, 262. 42 ------------------------------19,032,949.44 10,976,015.42 2, 480, 045. 34 1, 0!18, 168. 76 539,242.84 395,877.53 11,070,156.94 3, :!74, 615. 84 1, f>Rfi, 286. 22 2, 596, 473. 52 21,397,682.45 2,370,467. 20 906,326.95 2,0fil,234. IO 76,380.34 815,844. ~>() 431,355.94 39 • .597. 69 5,161,574.59 34, 9%. 50 7,168,496.15 4,619,964.84 3, 51\4, 930. 51 6, 332, 531. 24 Xii, 757. 16 835,911.29 36, 480, 009. 16 28,484, lf-0. 66 8, 582, 737. 78 22, S71, 674. 80 40,051, ]Oil. 99 7.59. 632. 80 3, f,f,2, 2.12. 99 7,574, 280. 51 5il, 079. 23 1. 717, 134. 49 1,516,008.25 4f.O, 402. 31 4, Oli9, 425. 41 378,477.04 10,337,247.33 3,461,786.64 $6,281, ll2. 46 464,500.00 10. 272,818.44 17,315,166.15 1,939,450. 20 3,331,000.00 16,664,341.35 6, 823. 372. 27 ~. 213, 40!). 51 3, 628, 400. 00 67,765,177.82 27,639,302. 72 18,831,702.20 3, 696, 700. 00 10,188,361.23 4 7, 886, 466. 10 43,681,976.50 13, 768, Of-0. 28 35,718,848.32 322. 21'4, 735. 12 5, 7f>8, 817. 13 7,520,959.94 17,614,727.37 1,139.200. 00 4,051,105.27 2, 882, 364. 19 500.000. 00 32,963.489. 91 478,473.54 61, 833, 536. R.1 15, 216, 651. 48 t3, ORS. 670. 09 $3. 195. H2. 37 1~1. 7H~. 27 3, 9t\2. 2o:l 62 3,136,037.27 441,971.33 R7.5, 234. ·18 2, 392, 948. 39 3. 744,812.30 2,2fil,5M.fil 361,200. 73 20, 176, 515. II 7, 17:l, 493. 94 3,421,032.02 1,194,287.44 2, 443, 546. 39 11,301,456.94 4, 162,051. 16 2. 265, iii!. 81 4, 99i, 710. 54 67, 058, 904. 65 2, 933, 659. 72 I, 55fi, 001. 95 4, 3f>8, W2. 78 202,586.34 1,192,447.20 640,555.94 39,597.69 11, 845, 322. 74 60,796.50 13, 420, 68 I . 93 6, 410, I 56. 95 27~1. 701. 6, 27Y. 7 H. 14, lfl7. 039. I, 497, 47~. 73 ~2 16 ~i 2, 6.';5, 71i5. !12 14 127,• 3~1~. 96 3, 078, fi5Y. ffi 2,914,430.97 3, 264. W3. 27 47, 42ti, 3fi2. 71 20, OM, 208. 78 15, 38-9, 970. 18 2,502,412.56 7,309,814.84 36, /i85, 009. 16 39, 507, H25. 34 11, 438, 2'.J8. 47 30, r,34, n1. 78 254, 145, 052. 38 2, 82fi. 6~7. 41 5, 9f>I, 957. 99 13, 229, 021. 83 908,579.23 2, 858, 6.'i8. 07 2,241, 80.~. 25 460,402.31 21,054, 51l7.17 417,677.04 47,425,752.62 8,777,494.53 a 0 z 1:12 .,3 ~ ~ ("} .... 0 z ....~ z z> a .,3 t".l a 0 ::tl "O 0 ~ > ~ .... 0 z • Includes Distriet of Columbia b>1nks and trust companies_ ~ ~ 1.-Loans to aid in the reorganization or liquidation of closed banks and trust companies from Feb. 2, 1932, to Dec. 31, 1938, inclusive, by States (includes loans to receivers, liquidating agents, and conservators, and loans through mortgage loan companies to aid in the reorganization 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 lrust companies under sec. 5e of the Reconstruction Finance Corporation Act, as amended)-Continued TABLE C:O ~ ~ tg "C BANKS AND TRUST COMPANIES 0 National State Amount authorized Amount with• drawn or canceled All others Amount dis• bursed Amount authorized Amount with• drawn or canceled ~ Total Amount dis• bursed Amount Amount with• authorized canceled drawn or 1-3 0 Amount dis• bursed '%J ~ tr.l a 0 cg: ;;a· (1) Q_ ~ CJ 0 ~ ~ North Dakota............... $2, 5.~9,264.68 $919,748.12 $1,669,516.56 $52,079.30 Ohio .................. . ..... 14,387,664.07 3,274,229.27 10,891,534.80 254, 630, 592. 50 Oklahoma................... 2,261,303.15 992,548.39 1,268, 754. 76 769,918.00 Oregon...................... 3,237,800.00 391,767.84 2, 782, 132. 16 733,920.25 Pennsylvania............... 82, 459, 084. 97 21,756,844. 60 59, 749, 840. 37 49,778,479.65 Rhode Island ......................•••....•.••...•...............•.......... 1, 373,413.40 South Carolina.............. 6, 651, 680. 14 1, 480, 048. I 9 5, 171, 631. 95 2, 439, 763. 16 South Dakota.............. 1,295,184.30 276,620.62 1,018,563.68 1,249,548.26 Tennessee................... 16, 761, 143. 68 971, 879. 72 15, 703, 663. 96 1,492,875.64 Texas....................... 5,966,434.14 1,011,946.55 4,954,487.59 6, 933, 607. 27 Utah........................ 39, 500. 00 4, 500. 00 35, 000. 00 4, 388, 776. 52 Vermont.................... 1,349,800.00 284,800. 71 1,064,999.29 Virginia..................... 2,199,700.00 412,334.96 1,787,365.04 5, 320, 500. 00 Washington................. 9,255,369.82 1,061,411. 79 8,103,958. 11,314,516.19 West Virginia............... 8,507,884.16 1,222,893.37 7, 21fi, 990. 79 4,717, 256. 00 6, 632, 006. 05 Wisconsin................... 7, 101,721.08 1,646,766.26 5,454,954.82 185,500.00 Wyoming ..•.••............. 1, 485, 000. 00 Puerto Rico................ . $12,247.68 64, 268, 086. 27 438,320.34 235,022.55 24, 338, 633. 72 255,283.36 367,653.31 824,596.73 539,733. 70 803,137.19 2,391,822.86 o., Total.. ..••........••. ! 664,712,961.82 I 130,959,397.65 I 530,223,844.08 I 666,212,580.89 I 195,756,481. 74 $39,831.62 175, 941, 646. 71 331,597.66 498,897.70 25, 439, 845. 93 1, U8. 130. 04 2, 067, 609. 85 424,951.53 953,141.94 6, 130, 470. 08 I, 996, 953. 66 4, 408, 616. 75 9,628, 738. 14 2, 668. 388. 72 2, 013, 466. 07 [ 453,028,954.41 $2,641, 34~- 98 269,018,256.57 3,031,221.15 3, 971, 720. 25 132, 237, 564. 62 1,373,413.40 9,091,443.30 2, 544, 732. 56 18, 254,019. 32 12,900,041.41 4, 428, 276. 52 1,349,800. 00 7, 520, 200. 00 20, 569, 886. 01 13,225.140. 16 13, 733, 727. 13 185,500.00 1, 485, 000. 00 1, 330, 925, 542. 71 $931, 995. 80 67,542,315.54 1, 430, 868. 73 626,790.39 46, 095. 478. 32 255,283.36 1,847,701.50 1, 101, 217. 35 1, 511, 613. 42 1,815,083. 74 2, 396, 322. 86 284.800. 71 I, 324, 218. 21 2, 714, 565. 84 3, 271, 760. 65 6, 265, 306. 24 185,500.00 $1, 709, 348. 18 186, 833, 181. 51 I, 600, 352. 42 3, 281, 029. 86 85, 189, 686. 30 1, 118, 130. 04 7, 239, 241. 80 l, «3, 515. 21 16, 656, 805. 90 11,084,957.67 2, 031, 953. 66 1, 064, 999. 29 6, 195, 981. 79 17,822,696.17 9,884,379.51 7, 46S, 420. 89 ---------------- 326, 715, 879. 39 983, 252, 798. 49 ---------------- ---------------- ~ r:,;. 1-3 ~ 0 a 1-3 1-t 0 z l:;j :z 1-t 0 tg a 0 ~ "C 0 =:e - ~ 0 ~ 95 REPOH'f OF HECu;:o.;:;THlTTic 1:--; Fl~A~L'E CUIU'ORATION 8.-Loa1•8 on and purchases of preferred stock, a11d purchases of capital notes or debn1t11rc&, of banks a11d trust companies, disbursed from ,Har. 9, 1983, to Dec. SJ, J/J;:;8, i11clusive; and 011'standing a8 of Dec. 31, 1938 (under 8ec. 304, titli Ill, of the act approved .\far. 9, 19.3.J, as amended) TABLE IIA:--;KS A:-;D TRl"ST CO:\IPA1'1ES l____o_is_b_u_rse_d_ _ _ _ l Stale I l\'uml><'r of ' lnu1ks nnd j trust , r<ompnnies• l ---------------- &:~if1~!~::::::::::::::::::::::::::::::::::l ! 1,098, 914, 161. 56 139 198 112 111 31 65 67 184 258 148 220 57 148 4 9 207 19 477 133 129 388 46 53 286 4 ~r:!i~!rt~'.~:::::: :::: :::::::: :::::::::::: Wyoming ..........•............•.......•.. Oraod totaL ••.•..•.•.......• .. ... . 1 6,097 II 22t 281 ~~?uW?.i::::::::::::::::::::::::::::::::: Total. •..... ..•..... ..•.•......... . .. Subscriptions for preferred stock of: Export-Import Bank of Washington •••. Second Export•Import Bank of Wash• ington, D . C .•••••••.••••••...•.• ...• $1 5. 853,575.00 2, 430. 000. 00 4. 419, 000.00 68. 502, 42;,. 00 4, ~9:l. 500. 00 7, 19'2, 1:lfl.00 f.67,300.00 2,900.000. 00 2, 176,200.00 4, 835, 500. 00 2, 130,000.00 91,581.114. 17 16, 791,250.00 10, 248, 000. 00 5, 272,750. 00 8. 879, 850. 00 15,547,000.00 II, 125. 500. 00 9, 3·18, 170. 00 16, 671, 200. 00 40, 725, 261. 00 17,378,525.00 14, ~13, 150. 00 20,801, 125. 00 4, 030, 500. 00 8, 534. 0,\0. 00 205, 000.00 7.st.635.00 78, 345,016.07 715,000.00 317,238,589.16 7,488,500.00 4,014.500. 00 93,372,237. 00 10,934,000. 00 I, 950. 000. 00 45, 99.o. 096. 50 898. 500.00 2,771.800. 00 4, 438, 100. 00 12,559,050.00 31,374, 125. 00 3, 995, 000. 00 11, 370, 62.,. oo 10, 694, 650. 00 6, 064, 500. 00 6. 461, 066. 66 33,347, 100. 00 1,367,500.00 37,500.00 1, 250, 000. 00 125,000.00 7 Maryland ..........••.........•.••.....•.•• Massach usetts .... . .......•.............•.• Michigan.····· · • ········· ······-···· ·· ···· Alaska ........•.................•.......... Puerto Rico ........••...........••.......•. Virgin Islands ... .............. ........ .... . 70 ! 5 113 121 56 39 40 86 24 ~it:f~~t:::::::::::::::::::::::::::::::: : Maine ... .....•....•..•...... •..•.•. ....• .• 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 .....................•...•........ Texas ................•........•••......• . .. Utah ................ •........ .•.........•• . Vermont. .........•...•...•....•.....•.•••• Virginia .........................•.......••. Wa.shington .........•... ... .•...•...... ..• . Amount l\'umoor or banks and trust companies• Amount• 1- - - - - - · 1 - - - - -1- - - - - - - ~!'o~r::a::::: ........ .... ................. 1 i,~ran\\~~~.ut.·:·~:::: : : : ::: : : : :::::::::: ::::: DLstrict of Columl•ia .... ........ .. .. ... . .. . Florida.................. . .......•.......... Georgia .. ····-······· .. .. .....•.... . •. ..... Idaho ..... ...... . ..... . . . ..•.. .•.... ..... . Illinois ............ . .. . .. .. . .. ...•.. .. . ... .. Indiana ........... .. . . ................. ... . Iowa .... ......... ...... . .. ......•...... ... . Kansas ............. . . . ........ ....... ..... . Outstanding I 35 119 121 403 41 60 132 94 91 403 23 l 3 48 1 90 72 45 37 10 38' 71 21 16.5 235 109 164 98 84 29 61 46 153 185 138 187 39 112 3 5 188 16 329 104 Ill 2114 33 34 249 4 32 98 113 312 32 46 118 60 73 329 17 ••• ·2 1 4,848 45, 000, 000. 00 $8, 91i, 586. 98 1, 215, 200. 00 3,454,581.56 u, 381,427.91 2, 356, 300. 00 5, 802. 499. 33 316,900.00 2,140,300.00 1,4 19, 479. 04 3,041,508. 45 1, 629, 950. 00 35, 111, 629. Z 10, 518, 345. 00 5,574,065. 00 3,637,594.01 6, 268, 457. 50 7,358,575.00 6, 100, 182. 58 7, 380, 990. 00 9, 152, 955. 10 29, 572, 704. 81 7, 539, 043. 74 7, 208, 894. 81 7, 243, 364. 83 1,214,740. 00 3,080, 181.M 97,000. 00 236.135. 00 67,165,863.57 554, 500. 00 63, 560, 109. 69 5,174,889.37 2, 326, 604. 23 54, 490, 324. 74 2, 357, 963. 73 996,175.00 36, 264, 109. 113 697. 900. 00 1, ~83. 850. 00 2, 673, 905. 91 10,616,200. 00 18, 832, 298. 60 2,054, 561. 43 16, 691,050. 00 6,716,600. 50 2,473,750. 00 3, 778, 388. Ml 23, 994, 816. 17 888,706. 06 ----------------450, 000. 00 121,500.00 543, 834, 658. 63 45, 000, 000. 00 ------------ ----------------1 - - - - - 1 - - - - - - -t---+------2, 500, 000. 00 6,099 1,146, 414,161.56 4,849 588. 834, 658. 53 See footnotea at end or table. Digitized by Google 96 REPORT OF RECONSTRUCTION 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, 1939, to Dec. 31, 1998, inclusive; and outstanding as of Dec. 31, 1938 (under sec. 304, title III, of the act approved Mar. 9, 1933, as amended)-Continued TABLE BANKS AND TRUST COMPANIES-Continued NATIONAL I Outstanding Disbursed State Alabama _________________ --···········-- __ _ Arizona_·····-·- __ ·--·-··· •••••• ·····-·--·. Arkansas __ •••• ••. _.••. -·········- .••••..... Califomla.•••.•••.•.•••• - •• ···-···--····-·· Colorado_._ ...•. _.··- .. ·-····---····-· ••••• Connecticut... _•.... ···---·-·-·-···· •• ·- .•. Delaware __ .. ·-···········--·-·········--·. District or Columbia•••.. ·--·-··········-·· Florida..• __ ... ·-·· .••.•.•... _.• -········· .. Georgia._·-··_·-- .....•.••.• ··-·········· -. Idaho _____ ·--· __ .-· ...•••••••• ·--· •••••• ··Illinois. __ . ·- .....•.. _...••.•.•.. -·-- -·. -· .. Indiana __ ......•... __ ..•.••.••. ·-· __ .• --··· Iowa. ____ ·- ....... --·-· •• ····- •.... ·-· •••.. Kansas ..•........ ··-···- .••••..... --·-···-. Number of hanks and trust companlest Amount Alaska ___ ._ .. ___________ ._._ •• __ •• _____ . __ _ Vlrglnllslands ___ • _______ • _••••• _••••• _____ • U7 8 9 36 23 36 57 10 1 1 $10, 006, 800. 00 1, 640, 000. 00 1, 570, 000. 00 39, 899, 926. 00 4, 143, 500. 00 3, 723, 426. 00 137,300.00 1, 100,000. 00 1, 330, 000. 00 1, 722, 500. 00 1, 090, 000. 00 84,010, 114. 1i 7, 188, 500. 00 6,447, 500. 00 2, 282, 500. 00 3, 397, 350. 00 4, 400, 000. 00 2,610,000.00 2,998,170.00 10, 723, 200. 00 20, 470, 760. 00 13, 577, 525. 00 2, 652, 650. 00 8,517, 125. co I, 511,000.00 5, 834, 950. 00 175,000.00 651,635.00 29, 572, 435. 82 410,000.00 128, 096, 605. 83 1, 905, 000. 00 2, 410, 500. 00 35, 500, 737. 00 10, 874, 000. 00 890,000.00 20, 678, 736. 50 648,500.00 1, 505, 000. 00 2, 954, 100. 00 8, 002, 500. 00 23, 621, 625. 00 1, 325, 000. 00 660,000.00 3,917,400.00 2, 7 40, 000. 00 3, 445, 066. 66 15, 395, 100. 00 702,500.00 37,500.00 125,000.00 Total ___ •• __ •• _.·-· ••••• -··· ••• -- - -- 2,037 540, 078, 736. 98 fi~ls1:l:::::::::::::::::::::::::::::::::: Maine __ .···-··-·-·-··············-··-·---· Maryland._ ....•. ·-·-·- ..• _.•• ····-·-····-Massachusetts __ • ·- __ -·--··-·· ···- ··--· -··· Michigan .• _.•. _.... -·--_.··-- ____________ _ tl~:'i~;1_:::::::::::::::::::::::::::::::: MissourL. _.... _. _. ·-. ___ . _. __ ·- ··-. ___ . _. _ Montana... __ ·-._ .. _._.-· ____ -···-·-- .. _. __ Nebraska_ .•.... ____ ._··---·--·····-._. ___ . N evade. ____ . ___ --·-- .. __ -·-·--·---·· ______ _ New Hampshire .• ·-·-·-----··-········--·· New Jersey._.--··--·-·-----·····-····----New Mexico .. ·-------·---------·-·-------New York .. _-·-·----·-·--·--·--·····--·--North Carolina_---·-·-·---··-···-····-·--N orth Dakota .. ·---._. ____ ------·····-·---Ohio_. ________ . ____ ··-. _.. _____ --··-··--··Oklahoma. __ .. _. __ .•• ----··------ ·- -- -- · -· Oregon .. _... ___ ·- ____________ .• ·-- -··--·--. Pennsylvania. _______ .·-------·--·- ___ . ___ . Rhode Island __ ·---·------·-······-----··-· South Carolina ___ .. --·. ______ --·· __ --·----_ South Dakota. ___ . ____ .. ----···-·-- ___ . ___ _ Tennessee. _______________ -· •• -·_ •• _-- -- -·. Texas ·------·----·----------··-------·Utah. ____ ___ . _. __ ·-. ________ . ______ -----·-·---Vermont. .. __ . _________________ -· _··- ___ • __ Virginia._._._._ .• ·-·- _________ -···---- __ ._. Washington._. __ .. ______ ·-_-·_.-· •• ·- _____ _ tWyoming r:Jo~!r;:~'____.~:::::: :::::::::::::::::::::::: ·----··------····---------·--- 26 3 24 62 33 16 4 2 13 18 9 131 51 47 46 29 15 13 13 43 52 97 15 30 20 49 3 8 136 6 240 18 31 83 40 20 200 3 6 27 27 Number or banks and trust companies• 11 l 14 37 25 15 4 2 12 14 8 104 37 $5, 260, 186. 67 28 43 6 1, 215, 200. 00 1, 171,4~. 00 31, 401, 152. Ill 1, 667, 200. 00 3, 157, 257. 50 130,300.00 932,300.00 774,570.00 1, 020, 500. 00 882,550.00 30, 644, 979. 22 3, 188, 445. 00 2, 728, 9.',0. 00 1, 482, 500. 00 I, 988, 700. 00 3, 434, 500. 00 I, 248, 925. 00 2, 227, 540. 00 5,527,995. 10 14, 643, 1123. 81 5, 374, 282. Sf 1, 973, 573. 19 2, 221, f.75. 00 375,090.00 1, 983, 650. 00 72,000.00 136,135.00 24,720,412.07 297,500.00 20,670,501.36 623,000.00 910,675.00 19,563, 549. 74 2, 307, 463. i3 155,700.00 13, 634, 718. 67 452,900.00 1, 322, 0:-0. 00 1, 704, 120. 48 6, 462, 400. 00 13,724,654.01 886.811. 43 415,000.00 1,481,500. 00 1, 765, 2i5. 00 1, 595, 663. 59 11, 150, 316. 17 318,400.00 I, 552 251, 149, 642. 49 33 37 22 13 11 11 26 43 62 15 21 H 38 2 4 120 5 184 13 20 64 27 7 170 3 5 22 23 119 6 8 28 14 ------------ -----·------ -- - -121,500.00 See footnotes at end of table. Digitized by Amount• Google REPORT OF RECONSTRUCTION FINANCE CORPORATION 97 8.-Loam on and purchase, of preferred .tock, and purchase, of capital notes or debenture,, of banks and trust companies, disbursed from Mar. 9, 1939, to Dec. 91, 1998, inclusive; and outstanding as of Dec. St, 1938 (under ,ec. 904, title III, of the act approved Mar. 9, 1983, a, amended)-Continued TABLII BANKS AND TRUST COMPANIES-Continued STATli MliMBliBS I Dlsburaed State Alabama ••••••••••••••••••••••••••••••••••• Arizona ..••••••.•••••••••••.•.••••••••••••• Arkansas .••.•••••••••••.••••••••••••••••••• California •••••••••••••••••••••••••••••••••• Colorado •.....•...••.•••••••••••••••••••••. District of Columbia ••••••••••••••••••••••. Florida .••••.•••••••.•••••••••••••••••••••• Georgia ••••••••••.•.••••••••.•••••••••••••. Idaho .••••••.•••••••••••••••••••••••••••••. Illinois •••••••••••••.••••••••••••••••••••••. Indiana •.••.•.••••••••••...•.•••.••.•••.•.. Number of banks and trust companies 1 4 1 5 5 Amount isconsin ...... -- -- - - -- -- -- -- ---- --- .. --- - -- -Wyoming •••••••••••••••••••••.•••••••••••. 2 22 13 5 16 5 16 3 $3, 502, JOO. 00 840,000.00 730,000.00 15, 500, 000. 00 205, 000. OC, 1, 000, 000. 00 275,000.00 1, 135,000.00 SIU, 000. 00 2, 950, 000. 00 2, 200, 000. 00 I, 170, 000. 00 192,500.00 2, 275, 000. 00 2, 800, 000. 00 2, I 50, 000. 00 2, 300, 000. 00 3, 376, 000. 00 13, 553. 921. 00 63. 000. 00 8, 365, 000. 00 I. 607, 500. 00 183,700.00 25, 844, 405. 25 47,500.00 142, 099, 233. 33 I, 700, 000. 00 38, 362, 500. 00 10, LOO. 00 65,000.00 10, 056, 360. 00 155,000.00 225, noo. oo 670,000.00 !, 620, 000. 00 2, 305, 000. 00 2, 010. 000. 00 655. {)()()_ 00 3, 042, 500. 00 80,000.00 Total. .•••••••••••••••••••••••••••••• 439 296, 131,219.58 Iowa ..•••.•.•.••••••••••••••••.•••••••••••. Kansas ..•.•.•••••••••••••.•••...••••..•.•.. tiii~'/:r:::::::::::::::::::::::::::::::::: Maine .••.••••.••••••.•.•••••••••.••••••••• Maryland •..••••••.••.•••.•.••••••••••.•.•• Massachusetts ••••.••.•••.•.•••.••.•.•••••. Michi~an .•••••••••••••.•.••••••••••••••••. M 1Pncsota .•••••••••••••.••.••••••.••••••.. Missouri_-------- __ .... - .... _-- -- • ---- ... -- --- - Montana .••••••••••••••.•.••••••••••••.•••. J\'cbraska ...•.•••...••••.•••••.•••••.••••.. Kew Jersey .•••••....••••.•.••.•••.•.••.••. Kew Mexico ••••..•..••••••..•.•••.•..•.••• J\'r,w York .....•.•..•..•.......•••.••...••• Korth Carolina •••••••.•.•.•..•••••••••••.. Ohio ......•••••••••••..•.•.•.•.•••.••.••••. Oklahoma •••...••.•••.•••••••.••••.•.•.•.• Oregon .........••••••..•...•.• , ••.•••.••••._ Pennsylvania _____________________________ South Dakota .•.•..••..•••.•.••••••••.••••. Tennessee .•.•.•.•..••........•••••••••••••. Texas .•••.•••••.••.••.••.•.•••••••••••••••• Utah ...•..•.••••..•••..•.•..•.•.••••••••••. Virginia. ___ ....... _____ .... _. __ ...... __ ............. _..... _ ~:::r~i~~i. ~::::::::::::::::::::::::::::: 1 '' 2 1 2 6 4 17 13 5 7 5 5 2 4 8 41 4 26 8 5 29 3 79 3 39 I 3 16 4 Outstandlnc Number of banks and trust companies 1 4 $2, 835, 278. OS ······6· 3 2 1 2 4 3 12 11 5 4 3 4 2 4 4 34 I 18 Amount• 570,359.28 I, 700, 000. 00 199,000.00 500,000.00 176,405.12 541,500.00 551,500.00 I, 930,000.00 1, 600, JOO. 00 923,000.00 100,000.00 I, 295, 000. 00 I, 457, 125. 00 720,000.00 I, 909, 500. 00 I, 425. 800. 00 9, ()85, 121. 00 17, iOO. 00 !, 964, 000. 00 3 3 11 2 438,750.00 93,470.03 20, 189, 402. 87 37,500.00 26, 040, 858. 33 1, 571, 500. 00 21,470,400.00 6, noo. oo 34,250.00 8, 426, 129. 92 lt3, 500. 00 197,500.00 295,600.00 750,150.00 I, 750, 6.10. 00 75,400.00 272,000.00 2, 288, 300. 00 45,406.06 311 114, 228, 335. 66 5 4 26 3 45 3 26 I 3 15 4 2 15 JI 3 See footnotes at end of table. 136800-30--7 Digitized by Google 98 REPORT OF RECONSTRUCTION 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 Dec. 31, 1938, inclusive; and outstanding as of Dec. 91, 1998 ( under sec. 304, title III, of the act approved Mar. 9, 1933, as amended)-Continued TABLE BANKS AND TRUST COMPANIES-Continued N ONIIEIIBER I Disbursed State Alabama ..•...•.•••....••.•.•..••••••••.... Arizona .•...•...•..•......••..•••••••.•.... Arkansas ....•....•..•.•.....•••••••••.•.••. C11lifornia...••..•... __ ..••••••.•••..•.•••.. ~:!~t~ciit~~:::::::::::::::::::::::::::::: Delaware ...•......•..•..••. . . _...•.••.•..• District of Columbia ••.•••...•. _....•.••••. Florida .••••....•.•.•.•...•.•.....•...••.. Georgia ..•••.•.••• _.••.•.•...•.•.••.•.•... Idaho •••.•••.•.•.•.•.....•. __ ..•...••• _•••. Ullnols .••.••••.•. __ •••••.......•••.•••.•••• Indiana •.••••...••....... _••....•..•...••.. Iowa ...••.••.•.•..•..•..••...•.•.•.•••...•. Kansas .....•.•••.•••.......•.....•.•.•...•. f~~1t~~L:::::::::::::::::::::::::::::::: Maine._ ...•.....•.....•...........•.•.•.•• Maryland ....•..•..•.•.....•.......•.•.•... Massachusetts ..••.•.•...•.•.•.•.•••••••... Michigan ..•....•..•.•...•...•.....•.•.•••. Minnesota .•.•.....•.........•••...•.•••.•. ~=~r~j::::::::::::::::::::::::::::::::: ¥-l!lltl>na •....•.............••......•...•... Nebraska ..•......•........•.••.....••...•. N'evada •.•.......•...•.....••.•.•..•••••.•. 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 ..•..•.....................•...•....... ~r;-:r;i~t. .................................. Washin~ton ...•...........•.........••.•.•. ~r::o!~~'.~'.~:::::::::::::::::::::::::::::: Wyoming ......•.•.•....•......•...•....... Puerto Rico .•....•.•.....•.....•.•......•.. Number of banks and tru8t companies• 40 1 84 54 i1: 23 7 4 211 62 II 76 217 87 146 78 91 16 48 16 91 157 133 164 29 94 1 1 42 10 158 112 98 266 5 30 70 1 29 88 92 234 20 51 91 55 50 330 10 3 'l'otaL ........•...•..•..•.....••.••.. Subscriptions for preferred stock ol: Export•lmport Bank of Washin,gton ... Second Export•Import Bank of Wash· ington, D. 0 .....••........•...•.•... 3,621 Grand total. ...•.•..........•..•••• 3,623 Amount Outstanding Number of banks and trust companies' $1, 354, 675. 00 50,000.00 2, 119, 000. 00 •• 13, 102, 500. 00 545, 000.. ,0CI 3, 468, 700. 00 430,000.00 800,000.00 571,200.00 1, 978, 000. 00 230,000.00 4, 621, 000. 00 7, 402, 750. 00 2, 630, 500. 00 2, 797, 7IJO. 00 3, 207, 500. 00 8, 347,000.00 4, 366, 500. 00 4, 050, 000. 00 2, 575,000. 00 6, 7CO, 580. 00 3, 738, 000. 00 11,660,500.00 3, 919, 000. 00 912,000. Q0 2, 515, 400. 00 30,000.00 100,000.00 22,928, 175. 00 257,500.00 47,042, 750. 00 3, 883, 500. 00 l, 604, 000. 00 19, 509, 000. 00 50,000.00 995, 000. 00 15, 260, 000. 00 250,000.00 1, 266, 800. 00 I, 329, 000. 00 4, 271. 550. 00 7, 082, 500. 00 1, 050, 000. 00 16, 810, 625. 00 4, 472, 250. 00 1,314,500.00 2, 361, 000. 00 14, 009, 500. 00 585,000.00 1, 250, 000. 00 2152, 704, lll5, 00 33 -- 71 32 18. 22 6 4 24 53 IO 49 187 71 123 73 67 115 46 16 76 122 123 148 :lll 70 1 I 42 8 100 88 91 204 5 24 64 1 27 72 88 178 15 38 87 43 42 275 9 2 2,985 45, 000, 000. 00 $822, 122. 26 1, 712, 772. 28 8, 280, 275. 00 49Q~IOO..OO 2,645,241.83 186. 600. 00 708,000.00 468. 503. 92 I, 4 79, 508. 45 195. 900. 00 2, 536, 650. 00 5. 729, 800. 00 1, 922, 115. 00 2, 055. 094. 01 2, 984, 757. 50 2, 466, 950. 00 •• 131, 257. 58 3, 243, 950. 00 2, 199,160.00 5. 243. 400. 00 2,147,060.90 5. 235. 321. 62 3, 057, 689. 63 400, 900. 00 1, 003. 061. 31 25. 000. 00 100,000.00 22, 256, 048. 63 219,500.00 16, 848, 750. 00 2, 980. 389. 37 1, 41,5, 929. 23 13, 456. 375. 00 44, 500.l)(l 806. 225.00 14, 203. 261. 34 245,000.00 661. 800.00 826,285.43 3, 956, 300. 00 4,812.044. 59 417,600.00 16, 276, 050. 00 3, 48-4,470.50 633. 075. 00 1. 910, 72.5. 00 10, 556, 200. 00 524, 900. 00 450,000.00 178,456, 6;o. as 45, 000, 000. 00 2, 500, 000. 00 - 310, 204, 205. 00 Amount• -- ------ -- -----------------2,986 223, 456, 61ll. 38 1 After eliminating duplications. Such duplications arise in cases where the Corporation makes disburse• ments to a bank or trust company under more than one of the classiflcations under sec. 304, title Ill, of the Act approved Mar. 9, 1933, as amended. • Amount outstanding includes repayments unallocated, pending advices, as of Dee. 31, 1938. • Where changes in the status of ba1.,ks have occurred between the date of authorization and Dec. 31, 1938 (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 Dec. 31, 1938. Digitized by Google 99 REPORT OF RECONSTRUCTION FINANCE CORPORATION 9.-Loans authorized (and commitments outstanding as of Dec. 31, 1938) to b~tsiness enterprises, from Feb. 2, 1932, to Dec. 31, 1938, inclmive, by aize of loans TABLE (Includes Joans anrl participations, and commitments outstanding, under sec. 5d cl the Reconstruction Finance. Corporation Act, as amended; loans to borrowers engaged in the fishing industry under sec. 5 of the Reconstruction Finance Corporation Act, as amended; and loans to business enterprises through banks and mortgage loan companies under sec. 6 of the Reconstruction Finance Corporation Act, as amended] Number or Joans Percent or tot.al $5,000 and under .• • _. - - . - ..... -·- - -- -· .•. ____ .... $5,001 to $10.000, inclusive_·······-·····--·····-·· $10,001 to $25,000, inclusive .. ···-·-·-- · · - ····-·--· $25,001 to $50,000, inclusive ...... -·--···---·-···-· $50,001 to $100,000. inclnsive •...•... _. _____ . ___ . __ $100,001 to $'. 00,000, inclusive ........•............ $200.001 to $500.000, inclusive ..................... ffi00,001 to $1,000,000, inclusive ..•• -·····- ........ Over $1,000,000 .• •• ••••••••••••••.•••••••••••• -- •. 2,Ml I, 108 1,350 811 6211 3~6 222 49 30 36. 9 15. 5 18.8 11. :l 8. 8 4. 5 3. 1 .7 .4 $5,701 , 084.25 8, D83. 20:l. 05 24,643, 741. 99 32, 024, 91 I. 82 40,063.241. 39 49, 845, ;,02. 77 71,770,234.00 39,746,229. 57 102,441,268.65 Total'-····· ·· ··· •••.....•.•...•...•....... 7,166 100.0 384,219,417.49 Size of loans 1 The Amount authorized Percent of tot.al 1.6 2, 3 6. 4 8.3 12. 8 13.0 IR. 7 10. 3 26. 7 100.0 break-down by types of the above total amounts is as follows: Number of loans Under sec. 5d of the Reconstruction Finance Corporation Act, 88 amended : Loans (and participations)_.··--·-------·-- · ··--·············--Commitments outstanding as or Dec. 31, 1938..•• - ·•-·-- · - ·-----Under sec. 5 ol the Reconstruction Finance Corporation Act, 88 amended : Loans to fishing industry_ · ······--·---····- -· -· -- -·--- ··----·-·Loans to business enterprises through banks and mortgage loan companies...... ................................................ Total .•••..••. · •. ·•·••·•·····••••••••••••••••••••••••••••·•·• Amount au• thorlzed $2111, 000, 942. 'g 75, Sl3, 000, 00 27 809,700.00 177 16,589,776.00 -----1------7, 166 384,219, U7. 49 Digitized by Goog Ie 100 REPORT OF RECONSTRUCTION FINANCE CORPORATION 10.-Number of buBine88 borrower8 to which authorization.a were made; and amount8 authorized, etc.,from Feb. 2, 1992, to Dec. 81, 1988, incluaiue, by indmtriu TABLE [Includes loans and participations, and commitments outstanding, under sec. Sd of the Recons1nlctlon Finance Corporation Act, a.s amended; loans to borrowers engaged In the fishing lndW!try nnder sec. 5 of the Reconstruction Finance Corporation Act, a.s amended; and loans to business enterprises through banks and mortgage loan companies under sec. 6 of the Reconstruction Finance Corporation Act, 11& amended) Industry Manufacturlr{ Food and lndred products: Dairy products ____________________ Meat and poultry packing _________ Canning, preserving, packing (ftsb, fruit, vegetables) _________________ Bread and bakeries ________________ Flour milling ______________________ Confectionery ______________________ Animal feeds _______________________ Ice, cold storage, etc ________________ All other ___________________________ Amount authorNumber ized (Including commitments of bor• rowers 1 outstanding a.s of Dec. 31, 1938) 99 $3, 015, 285. 00 100 16,790,737.90 148 61 77 41 53 39 119 9, 681, 193. 15 Total, food products. ____________ Textiles and their products: Cotton goods _______________________ Cotton small wares ________________ Woolen goods ______________________ Silk and rayon goods _______________ Knit goods. hosiery ________________ Dyeing and finishing _______________ Men's clothing and furnishings _____ Women's clothing and furnishings,_ Upholstering material, draperies ___ Mattresses and bedding ____________ All otller ___________________________ Amount withdrawn or canceled Amount disbursed $614,985.96 1, 747,762.54 $1, 078, 570. 00 1, 852, 583. M 1, 399, 326. 58 1, 859, 710. 00 2, 291, 300. 00 1, 820, 283. 33 898,475.00 4, 425, 900. 00 1, 640, 605. 21 559,034.15 747,850.01 530,371.43 453,050.00 461,025.00 1, 115, 206. 88 4,ffl,362.64 W!,650. 00 737 42, 182, 210. 96 7, 869, 891. 18 12, 694, 197. 99 64 19 46 39 103 28 74 63 11 20 63 11, 601, 984. 01 790,900.00 11, 391, 885. 72 7, 102,750.00 6, 491, 700. 00 7, 352. 350. 00 2, 876, 650. 00 878,308.33 1, 295, 500. 00 2, 777, 200. 00 3, 857, 525. 00 ·2, 459,375. 59 293,000.00 3, 440, 565. 71 1, 973, 992. 50 1,662, 125. 57 2, 828, 800. 00 916,500.00 271,675.00 48,694.80 68,000.00 1, 054, 285. 91 6, 509, 395. i5 93,900.00 7,641,000.00 4, 423. 507. 50 3, 363, 925. 43 4, 421, 750. 00 995,146.60 477, 26,5. 00 200,000.00 1,691,900.00 1,387,345.89 Total, textile products. __________ 530 56,416,753.06 15, 017, 015. 08 31,205, 136.17 Lumber and timber products: Lumber---------------------------Furniture. _____________________ . ___ Wooden containers _________________ Millwork, sash, doors, etc __________ Cooperage and cooperage stock _____ Wooden turned products ___________ All other ___________________________ 169 132 46 158 . 19 28 28 15, 729, 699. 85 7, 198, 723. 58 2,418,950.00 8, 069, 253. 81 681,200.00 1, 138, 996. 67 801,100.00 3. 032, 831. 02 2, 182, 773. 10 737,550.00 2, 556, 057. 25 382,500.00 564,880.00 192,900.00 10, 08 I, 579. 45 4, 131,572.38 1, 180,350.00 4, 254, 329. 29 198,200.00 542,416.67 257,924.50 580 36, 037, 923. 91 9,649,491.37 20, 646, 372. 29 32 68 2, 915, 849. 98 23, 236, 850. 00 142,000.00 2, 687, 133. 77 157,349.98 9,857,537.21 Total, lumber and timber products ____________________________ 711,185. 71 1, 119, 250. 00 916,262.33 165,558.49 1,674, 775. 17 Paper and allied products: Containers (boxes, etc.) ____________ All other ___________________________ Total, paper and allied products __ 100 26, 152, 699. 98 2,829, 133. 77 10,014,887. II> Printing and allied products: Book and job printing ______________ Engraving, lltbograpblng, etc ______ All other ___________________________ 141 31 50 2, 288, 710. 00 1, 217, 900. 00 637,650.00 663,101.62 1, 000, 000. 00 97,175.00 1, 226, M2. 37 141,524.66 416,625.00 Total, printing and allied products ______ ------ ---- --- -- --- -- -- 222 4, 144,260.00 1, 760, 276. 62 1, 784. 652. 63 Chemical and allied products: Paints, varnishes, and allied products ____________________ --- __ ----Fertilizers __________________________ Cleaning and polishing materfals ___ All other ___________________________ 32 25 12 75 1, 366, 750. 00 1, 342, 800. 00 179,433.32 3,357, 307. 84 244,516.49 176,558. 77 50,100.00 616,968.83 903. 571. 01 1,025.943. Sfi 97,733.32: 1, 939, 308. 23 TotBI, chemical and allied products _______ ----- -- -• -- -- --- -- --- 144 6,246, 291. 16 1,088,144.09 3. 966. 556. 42 See footnotes at end of table. Digitized by Google REPORT OF RECONSTRUCTION FINANCE CORPORATION 101 10.-Number of bu8iness borrowers lo which authorizations were made; and amounts authorized, etc., from Feb. S, 193S, to Dec. 81, 1988, inclusive, by industries--Continued TABLE Industry Number of bor• rowers Manufacturing-Continued. Rubber products-total •••• -·---·-·---- 1 25 Amount authorized (Including commitments outstanding as of Dec. 31, 1938) $2, 067, 750. 00 Amount withdrawn or canoeled ~735, 437. 50 Amount disbursed $1,014.212. IIO Leather and Its manufactures: Tanning and finishing ______________ Leather goods (luggage, handbags. etc.) ••••.. __ .•.•••.••••••••.. ·-·-. Boots and shoes.·-·-·······-··-··-All other_··-····---·--···--·----·-· 13 641,000.00 95,000.00 406,000.00 11 33 19 889,000.00 3,281,000.00 332,395.32 408, 000. 00 1,457,431.94 12,950.00 "'42. 000. 00 1, 139, 068. 06 Total, leather manufactures._ •• _. 76 5, I 43, 395. 32 1,973,381.94 2, 274, 713. 38 57 23 81 20 21 2, 43.1. 025. 00 1. 200, 200. 00 871,156.67 2, 640, 250. 00 1, 985, ·LSD. 00 1,741,600.00 1, 819, 500. 00 862,300.67 239,980.96 2, 238. 274. 59 438,940.00 727,680.00 352,915. 73 229,715.09 913. 800. 00 1, 42i, 107. 17 5, 745, 621. 61 18, 436, 803. 18 6, 003, 607. 04 9, 816, 464. 34 .Stone, clay, and glass products: Stone, granite, slate, Gtc.•. ·-··-··-· Sand, gravel.·-·----······--·-···-Brick, and tile. etc_·-···········-·· Concrete products.·-·-····--··--··· Limestone products_············-·· Glass products_·····-·-···-----·-·· Pottery_····-·········-·······-···· All other •••• ·-···-···············-Total, stone, clay, and glass products •• ·-·-······- •••••••••• Iron;steel, and their products (ucluding machinery): Foundry products (castings, forir lngs, etc.) ••.•••••..• _•••. _.•....• Structural and ornamental Iron and steel..·-············--····--Pipe and llttings_ •• _. _____ ···--·-·· Stoves. ranges, furnaces ••.. _____ ._. Hardware, plumbing, and supplies. All other••••••• ·-··-·-··-·····-···· Total, Iron and steel, and prod• ucts·-··-···-··-·· ••••••••••.••• Nonferrous metals and their products: Metal alloys and products (brass, bronze, etc.) ....••••.. ·-·------·-Metal stampings, stamped and enamel ware_······--···--··--··· Electroplating, metal lamps and fixtures, etc·-··-·····-···--·-···· All other•••• ·-·······-·······--···· Total, nonferrous metals and their products·--·············-· Machinery (excluding transportation equipment): Agricultural Implements.••.•.. _.. _ Electrical machinery, apparatus, and supplies .• ·--··-·-·····-····· General machinery and equipment. Machine tools ..• •--···---······-·-· Pumps and pumping equipment. __ Household appliances.-·---·-··-··Air-conditioning equipment..- •.••• All other••••••.••••••••••.• ·--·-··· Total, machinery_ •••••••.••••••• Transportation e3ulpment (automobile accessories, etc. -total._ •••••••..•••• --- 22 21 32 m = 874,419.04 2, 859, 031. 15 137,550.00 1, 358, 960. 00 1, 336, 628. 07 1, 218, 884. 91 603,884.00 69 9, 511, 100. 00 1, 455, 607. 98 3, 647, 1195. 77 63 15 4, 237, 100. 00 42 4. 669, 850. 00 37 40 4, 9.51, 483. 34 2, 185, 035. 00 689,520.00 937,638.41 602,387.03 1, 320, 736. 00 1, 532, 815. 00 1, 002, 950. 00 2, 113, 049. 13 1, 433, 278. 56 3. 221, 247. 34 266 27, 735, 108. 34 7, 190, 924. 42 12, 950, 935. 80 S2 2, 399, 8.50. 00 917,222.00 984,807.75 45 3, 305, 450. 00 974,228.48 1, 912, 671. 62 « 18 221,815.00 2, 786, 700. 00 96,500.00 960,972.32 83,800.00 1,323, 695. 87 159 8, 713,875.00 2, 957,922.80 4, 304, 875, 14 L, 755, 450. 00 2, 610, 215. 00 18 1, 124,500.00 783,586.69 266,lllS,81 64 1,138,614.29 !HO, 837. 75 744,632.26 123,000.00 1, 170, 000. 00 745,223.62 1, 772, 063. 33 1,693,230.00 1, 536, 960. 18 59 3,155,030.00 2,915,928. 58 1,537,050.00 1, 163,000.00 2,346,250.00 1,427, 500. 00 5, 969, 373. 43 638,776.38 2, 539, 674. 28 303 19, 639, 532. 01 7, 387,957. 94 9, 212,792.311 92 17, 085, 196. 65 2,090, 072. 77 6,121,308. 73 71 54 14 10 13 = 287,645.32 724,601.07 796,387. u. 1, 1l 6, 250. 00 See footnotes at end of table. Digitized by Google 102 REPORT OF RECONSTRUCTION FI!\ANCE CORPORATION 10.-Number of business borrowers to which authorizations were made; and amounts authorized, etc., from Feb. 2, 1932, to Dec. 31, 1938, inclusive, by industries-Continued TABLE Industry Number of bor• rowers Wholesale and retail trade: Wholesale trade: Food products ........•••...•....•. Hardware, paints, etc .............• Oil and gas, auto accessories, etc ... Grain and feed, fuel, ice, etc.•...•.. Building materials. ____ .•...•••.• __ All other......... --····-·--··-···-- 1 $880, 600. 33 66 148,112.82 44.5, 597. 50 243,944.18 403, 7M.OO 374,450.00 $1, 794,221.49 499,403.75 635,200.00 702. 893. 29 540,021.00 491,729.17 361 14. 377. 253. 29 2. 496. 458. 83 4. 663, 468. 70 81 49 32 78 48 a. 401,125. oo 307,135.00 383,600.20 69 135 408,005.00 151,300.00 947,063.14 1,326,767.50 840,555.00 611,043. 74 760,230.00 1, 617, 022. 86 93,100.00 155,100.00 211,050.00 65,810.00 52,700.00 214,458.64 301,905.00 156,550.00 246,052.00 135, 520. 00 248,125.00 99,660.00 83,250.00 3, 053, 000. 00 152,195.00 50,700.35 378,259.20 795,650.00 307,150.00 161,900.00 195. 250. 00 607,748.35 40 148 89 60 44 fl Amount disbursed 851,300.00 1, 342, 425. 00 1,132,283.29 1, 250,000.00 1, 380,600.00 44 Retail trade: Food products ........•............ Hardware, paints, etc .....•........ Department stores ....•..••..••.•.. General stores.......•.•.........•.. Drug stores. _____ --------·-········ Auto sales, service stations ......... Grain and feed, rue!, ice, etc....... _ Building materials._._ ...•••.•..... Fumiture·--•·-··-··············-·· A pare! stores ..... __ .•.• _••••...... A I other·--····-··-----·-·········- Amount withdrawn or canceled $8, 420, 645. 00 107 35 69 Total, wholesale trade .•...•••... _ Amount author• ized (including commitments outstanding as of Dec. 31, 1938) Total, retail trade._ ••....••.•. -·- 833 10,759,847.44 1, 880, 370. 64 5, 884, 762. 90 All other: Mining:• Coal ... ··········--······-·-·----·· All other •••••.....•.••.•.•.•..••... 71 :16 11, 692, 865. 52 3, 313, 000. 00 3, 439, 665. 14 1, 262, 885. 79 4, 557, 604. 47 1,784,982.08 Total, mining·-----·-·-·--·---··Laundries, dry cleaning-total. .• ____ .. 97 15,006,465.52 4, 702, 550. 93 6, 342, 586. 55 124 1, 819, 129. 40 278,630,04 1, 158, 606. 93 Contracting, etc.-total. .•.••.•...•••.. 92 2, 876, 100. 00 899, 908,22 1,361,478.78 Tobacco manufacturing-total. .•••••.• 12 ~.300.00 68,000.00 177,000.00 Fur manufacturing and processingtotal. ••.•••..••••.. ·-----··-· .•.•••.. 21 293,900.00 52,000.00 165,650.00 Grain elevators and storage-total.. .•.. 19 723,350.00 290, 000. 00 134,300.00 Cotton warehousing, compressing, etc.-totaJ.. ____ ...•.......•....•• ___ . Not classifled-total••••••••.•.•.•.••••• Grand total. .• ·----·---- .•.••••••.•.. I 12 360,941.56 222,150.00 84,500.00 1,081 67, 716, 24,0. 71 3, 692, 079. 57 10, 994, 909. 66 6,163 384,219,417.49 81, 126,404. 75 156, 974. 367. 86 1 Number of borrowers represents the number of applicants to whom Joans have been authorized or commitments made. • E1cJudes mining loans authorized undll!" sec. 14 of the act approved June 19, 1934, as amended. • Includes 716 fruit growers located In certain areas in Washington. Digitized by Google REPORT OF RECONSTRUCTION FINANCE CORPORATION TABLE PART 103 11 I. Loans on self-liquidating projects, by types of project, from July 21, 1932, to Dec. 31, 1938, inclusive (Under seo. 201 (a), title II, or the Emergency Relier and Construction Act of 1932, as amended) BRIDGES Number Numl.,er of of Joans borrowers authorized Public_ .. ··- __________ · -Private .•• ·-•··----··-- -· Total. ••••.•• _._._. Amount withdrawn or canceled Amount authorized Amount disbursed II 5 9 6 $99, 019, 5i9. 80 l, i2\I, 930. 78 $3, 267, 000. 00 415,000.00 $95, 470, 976. 86 I, 314,930. 78 1ft 14 100, 779, 510. 58 3, 682, 000. 00 96, 785, 907. 64 COLLEGE BUILDINGS Public••••• •• ··-· ____ ----1 91 $3. 031, 155. 71 I $1,708.000. oo I $1, 323, I 65. 71 DOCKS AND TERMINALS ··-···-·-----·--H1-----1-------1---- ---1------- •. --· -·-----·--· PubllcPrivate.·-· 3 32 t,!2.,, 000. 00 l,i93,691.47 $50. 000. 00 1,100,000.00 $275,000.00 693,691.47 TotaL •••••• _.___ _ 5 5 2, US, 691. 47 1,150,000. 00 968,691.47 DRAINAGE AND IRRIGATION Public . ••••••••••• ----·-Private . ••••• ·-·--· ____ -· TotaL __ -· __ . ----. 14 3 10 3 $10, 214, 000. 00 1, 330, 000. 00 $2, 308, 400. 00 455,000.00 $7, 030, 600. 00 875,000.00 17 13 11, 544, 000. 00 2, 763, 400. 00 7, 905, 600. 00 ---- HOUSING (LOW-C OST) Private ••••• -·····--·-·--1 3 I 3 I $12, 187, 000. oo I $3. 073, 000. oo I $8, 214, 000. 00 MARKETS Private. ···· · -·-·-·---·--1 ol g I $2,215, 915. 381 $1,441,307. 571 $774,007.81 $1, 764, 604. 371 $22,901,270.00 POWER Publlc .•••••• ___ ·-·---·· - 1 sl 51 $24, 665, 964. 371 PUBLIC AND SEMIPUBLIC BUILDINGS Public_···--· - ____ . ·-----1 6 I 6 I $3. 906. 500. oo I $53. 000. oo I $3, 853, 500. 00 I $1. 097. 300. oo I $937, 000. 00 SEWERS Public .•••• _. ___ ··------·1 12 l 12 I $2. 034, 300. oo WATERWORKS (INCLUDING WATER DISTRICTS) iti~~~-···-·-···----··-- 91 13 81 13 $227, 939, 8/.i9. 85 569,340.00 $9, 087, 374. 00 434,140.00 $169, 177, 48/.i. 85 135,200.00 Total.. •• ______ •• _. 104 94 228, 509, 199. 8/.i 9, 521, 514. 00 169, 312, 685. 85 Digitized by Google 104 PART REPORT OF RECONSTRUCTION FINANCE CORPORATION I. Loan, on self-liquidating project,, by type, of projut, from July St, 1981, to Dec. 81, 1938, incluai111r-Cont1nued ALL OTHER [Under seo. 201 (a). title II, of the Emergency Relief and Oonstrucllon Act of 1932, aa amended] Number Number of of loans authorized borrowers Public___________________ Private__________________ Total. _____________ Amount authorized Amount withdrawn or oanceled Amount dish~ 6 6 $4, 614, 000. 00 1 4, 486, 250. 00 $200, m. 20 4, 486, 250. 00 ------------------ 6 6 9, 100, 250. 00 4,687,0'¥1.20 4, 413, 222. 80 1 S.. 413,222.80 TOTAL, PART I Public ___________________ Private__________________ Total. _____________ 155 37 139 37 $375, 780, 359. 73 24, 312, 127. 63 $19, 5S6, 545. 57 12,304,697.57 $305,382, 211. 22 12, 007, 430. 06 192 176 400, 092, 487. 36 . 31,841, 243. 14 317, 3811, 641. 28 II. Loam to public agencies to aid in financing projecta authorized under Federal, State, or municipal law by typett of projectfrom Apr. 13, 1938, to Dec. 91, 1938, incluaive PART [Under sec. Sd of the Reconstmctlon Flnanoe Corporation Act, Number of Joans authorized Type Bridges __ --------------·------·-----College buildings_____________________ Power and light---•·•·---------·•·--Public buildings_-------------------School buildings_____________________ Sewers_______________________________ Streets and roads_____________________ Waterworks__________________________ All other_____________________________ T otal, part II _________________ _ Amount authorized as amended) Amount withdrawn or canceled Amount dlsbuned 16 8 $1, 886, 036. 00 $12,346,536.00 3,212,000.00 9,066, 000. 00 $6,016, 000. 00 3, 023, 500. 00 6,061,991.81 303,000.00 2, "26,991.81 861,600.00 311,000.00 ---------------·-1,027,000.00 387,000.00 205. 000. 00 36,778,000.00 -----------------11,440,525.92 9,276,000.00 643,000.00 7,915,000.00 14,126,100.00 -·---------------764, ooo. oo 76 I 7 7 6 13 8 6 6 1-------------90, 7M, 127. 81 7, MO, 000. 00 ~. Ml, 053. 73 1 In addition, conditional agreements to make loans, upon the performance of apeclll.ed conditions, outstanding In the amount of $115,000 at the close of Dec. 31, 1938. Digitized by Google w•• 105 REPORT OF RECONSTRUCTION FINANOE CORPORATION 12.-Num~r of borrower, and amou11t., of loam authorized under sec. 6 of the Reconatruction Finance Corporation Act, aa amended (1),from Feb. S, 193S, to Dec. S1, 1938, inclusive, by aite of cities or town, TABLE BANKS AND TRUST COMPANIES Authorizations Borrowers Population or cities or towns In which borrowers are located 1--------1------~--Number Percent of total Amount Percent of total - - - - - - - - - - - - - - - - - - - - - - ---·1-------l---Under 5,000 •••••••••••••••••••••••••••••••••••••••••••• 5,000 to 9,999 .••.•••••••.••••••••••••••••••••••••••••••• 10,000 to 24,999 •••••••••••••••••...••••.•••••••••••••••• ~.ooo to 4P ,999 ••••••••••••••••••••••••••••••••••••••••• 50,000 to 09,999 ...••••••••.••••••••••••••••••••••••••••• 100,000 to 199,999 •••••••••••.••••••••••••••••••••••••••• '200,000 to 499,999 .••.•.••••••••••••••••••••••••••••••••• Sil,000 to 999,999 .••...•...• __ ••••.•...•••••••..••••••.. 1,000,000 and over ••..•.•...•.••••......••....•••.•.••.. Total. ••••••••.••.••••••••••••••••••••••••••••••. 5,141 591 542 254 212 166 106 145 70. 0 8. 0 7. 4 3. 5 2. 9 2. 3 1. 4 2. 0 188 2. 5 13. 4 5.2 8.0 6.0 11.8 $330, 393, 009. 15 129,081,413. 50 19R. 201,467.80 147, 378,115.41 288,903,740.35 227, 871\, 545. 90 253,114,911.17 411,784.813. 07 472,436,000. 45 ----·--------· -7,345 100. 0 2,457,169,016.80 9.3 10. 3 16.8 19.2 100.0 TOTAL, SEC. 5 OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED I 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,llW ••••••••••••••••••••••••••••••••••••••• 2/l0,000 to 499,~9'.J ••••••••••••••••••••••••••••••••••••••• -ll00,000 to 999,999 •••.••••••••••••••••••••••••••••••••••• 1,000,000 and over ••••••••••.•••••••••••••.•.••••••••••• Total •••••••••••••••••••••••••••••••••••••••••••• 1 5,457 702 748 427 392 :.91 375 320 311 00. 5 7.8 8. 3 4. 7 4.4 3. 2 4.2 3.5 3.4 $367,363.816. 88 141,812,626.92 231,425,254.34 186,218,073.52 360,707,484.84 2\l2, 714, 157. 06 397, 132,613.81 607,408, n.,. 85 683, 136, 952. 79 11,2 4.3 7.1 5. 7 11,0 9.0 12. 2 18.6 20.9 ------------ ---9,023 100.0 3,267,919,116.01 100.0 Exclusive of The RFC Mortgage Co., Federal National Mortgage Association, railroads, regional agd ,cultural credit corpomtlons, Federal land banks, and Federal Intermediate credit banks. Digitized by Google 106 REPORT OF RECONSTRUCTION FINANCE CORPORATION 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 Dec. 31, 1938 TABLE WASHINGTON OFFICE Name Salary per month Title Jones, Jesse H ... ••·······-··--·-----·-·-······ Chairman.•.. ····-·············---·-·· ...••. Henderson, Charles B .•.... ,. ....• .. ...•...•.. Director ..•.. ·······•···········-··········. Klossner, Howard J .........•........... ···-·· .•..• do .........•••.•.. ···········-·········· Merriam, C. B •.•.•.. ··-······················ ....• do .••. ·-·······················-······-· Schram, Emil .........••.•...•..........••......... do ....••.... ···••···········-·····-····· Talley, Lynn P ............................... Assi~tant to the directors.• ·-·-··-··········· ~i~i'::ti.~ rf~ .~:: ::::::::::: ::::: :: :: :: ::: : i~~1:..t;[r:·.:: ::::::::::::::::: :::::: :::::::: Hamilton, Claude E., Jr ...................... General counsel._··············-··--··-··-·· 0 Clay, Cassius M.............................. Assistant general counsel.. .•.•.•••.•..•...•.. Dougherty, J. L ....•.•.•••..••.•.•.•.•.....•....... do •. ·-···················-··•-·•····-··· Durr. C. J .•.........•••....•.••.•................•• do ..••.•.....•......•.•..•.•••••••.•.•.. Snodgrass, Russell L ... ............................ do.·- .. ·····················-··-········ Corcoran, Thomas 0 ...•.•..••••...•.......•.. Special counsel. .•. _.... --··········-···-···· Fitts, William C .•• ··············-············ ..... do ..•. ···············---·········-··-··· Lindquist, R. J ......••.•.•.•••.•..•.•....•.... Chief auditor •...•.....•...•...•.• ·-··-····· Barriger, J. W., III. •.••.••.•..•..•••..•..•.... Chief examiner, Railroad Division .•..•..•• _ Brownell, R. A................................ Chief, Agency Division •.. ·-·····-··--···-·· Husbands, Sam .........•.•...•••...•......•.. Chief, Examining Division.•...•.•..... ·-··· Murchison, Frank M .••.•.•••...•....••...... Special representative ..... ·-··········-····· Hamilton, T. A .......•....................... Special examiner ..........•....• ·•·-·····-·· Taylor, R. J .....•.... _.•.•••..•....•.......... Assistant chief, Agency Division ••..•• ·--•·· McGrath, M. J •..•.....•.....•.........•...... Assistant chief, Examining Division.-.•••. __ Herson, James F .•••••....•••..••.•••.....••.. Administrative assistant..·-················ Costello, W. C ..... ·-···········•··•··•······· Assistant to the Chairman •.....••.....• - •.• Griffin, D. B .........•.....•....•....•.....•.. Assistant trea.~urer ••..•• ·-··-··-············ Sullivan, William W .......................... Examiner ••..•.••..••.•...•................. Thralls, Jerome ...•.•......•.•.•..•....•••..•. Special representative ....•.........•.•...... Satterfield, W.R ..•••...••...•.•••••.•...•.... Assistant general counsel.. •..•......••.•.... Johnson, W. J. ................ ·-··•·•········· Assistant chief, Examining Division ...• _.•. Ribenack, W. C······•···-·····-·····•······ ....... do .•.• ·-·•••·•·························· Stroud, W. E ...•....•..•........•••.••............ do .....•.•.•....•...•......•••••• - .•••.. Macartney, Morton........................... Chief, Self•Liquidating Division .....•..••.• Keenan, Frank J.......••.....•.. ·-············ Chief, Drainage, Levee, an<l Irrigation Divi• sion. Wright, Charles M .•••• ·••·-···•-•·••········· Counsel. .........•.••..•...... -··-·········· Coleman, John F ..••.....•••••..••.....•...•.. Engineer adviser .•.••..•••.•.••...•• ·-······ Allen, Ronald H ...•.•.........•.•...•.•.•.... Assistant secretary .•.....•.•....•••.•..•••.. f~°J'lort~\f.·.::::::::::::::::::::::::::::: i=r~er::::::::::::::::::::::::::::::::::: Grantham, J.P ......• ·-··············-···•-·· Assistant chief auditor •••.••.•••..•••••.. - .. Hobson, Alfred T ....... -. ·········-·•·•······ Assistant secretary .• ···-·········-·······- .. Sullivan, Harry L............... .•.•.••..•.•.• Assistant treasurer ...........•.•.•.•...•.•.• Shaver, Clem................................. Special assistant to the directors •• ·--········ Kelley, Jerome T ...•.........•..•... .......... Assistant treasurer ..•••..• •-····----········ Unzicker, Willard E .•.....•.•......•.... - ....•.... _do .... ··········•-·····--············· .. Chaddock, Harry W .........•..•••.....••••.. Administrative assistant ••.•••.•.• ·-···-···· Parks, Thomas E ..........•.•.•...•........•.....• do ...................•...............••. Elliott, David C. .. ..............•....•....... Chief, Statistical and Economic Division .... Berrett, R. W ..•...•..•........•......•....... Examiner in charge DLC Section, Examin• ing Division. Persons, Henry Z..... ......••.•...•..•..••••• Examiner .......••.••..• ···-···-·········· .. Ronan, Frank T ... ··-························ •.... do .... ·-·························· ..... . Dodds, Chauncey Y.... .•...•••.....•••...••• Chief examiner, Drainage, Levee, and Irr!• gation Division. Heath, Ferry K-·······-·············-········ Bond analyst ..•••.• ·-········---··········. Watson. William P ........... _............ ... . Examiner.········-·······-······-······ .••. Drager, Walter L .•..•..•...•.•....... - ••...••. Chief, Engineering Section .•....•..•.•••••.. Young, R. D ......................••......•... Administrative assistant •......•....••...•.. Strong, Albert L ....•...•...••....•........... Special assistant, Drainage, Levee, and Irr!· gation Division. Greer, Frank H............................... Special representative .•..•••• _•....•••.•.•.. Gale, George J.... ...... ...................... Counsel. .••...••••...•.•••.......•..••.•••.• Stansfield, Edgar A •...••••.• ·-··············· ..... do ....•....•..•••••••••..•..••••••.....• Stafford, Bayard 0 ..........•••...•.•...•....• Examiner •.•.......•.....•.•••.•.•••........ Rossman, Richard .•...•.••••..••..•.•...•.......... do .• ·········•·•···················-···Norton, John E ............................... Chief, Mining Section ....................•.• Stein, Edward T. .. .. .•. . . . ...•.. .. .. .. .. ... .. Acting chief, Bond Service Section ......•... Davis, Thoma& H .•..•...•.•.......•...•..•••. Examiner ..•.•...•.... ·-•··•················ Johnson, L. E .............•• ·-················ ..... do .. - .. ·•····•·•···············-·-······ Knarr, M. W .•......•.........•...•.......•.. Assistant to the secretary·······-·-········· Merritt, Arthur B..... ....•...•...••...•..•.•. Administrative assistant ..••••.•.•.•...•••.• i~~~~r~. Chi2r°accountant......••••.. ·-··· •...••.•••. Armistead, Robert P ···················-······ Examiner .... ···············-··---·-·--··-·· Boggs, Verner .•..•...•....••••.•••••..••••••.•••••• do ..• ·················-····-·-·····-···· Clayton, Laurance J .. _............................ do .. ·······················-·······-··-· Cloninger, C. W ······-······················· .•••• do •.•••••••• ·-·························· 1 On leave or absence without pay. i~i~............................... · Digitized by Google $~33. 33, ~33. 33, 833. 33, 833. 33, 833. 33, 11,041.67 8.33. 33 833. 33: 833. 33, 833. 33, 833.33 833. 33· 833. 33, 833. 33; 833. 33 833. 33: 833. 33, 833. 3.,: 833 33: 833. 33· 833. 33 800.00' 791.67 791. 67" 7li0. oo· 750.00• 71i0.00· 750.00· 7'50.00• 71W!. 33 708. 33: 708. 33: 708. 33' 708.33' 708.33C 708.33' 666.67: 666.oT 666 6T 650.00 641.67 6.33. 33 625.00 625.00 625. 00· 625.00• 625.00· 625. 00 625. 00· 625. 00· 625. 00· 625.00· 625.00• 604.17 600.00• 600.00· 600.00· 583. :i:t 583. 33 583. 33 583. 33 566. 6T 566. 67 566.67 562./i() 5G2. 00Ml. 67 Ml.67 Ml.67 541.rrr 541.rrT 541. rrr 541.67 Ml.GT HEl'OHT OF HJ•:cu~STHl"CTIO.'.'i FI!'\A~l'E CUHPOHATIU.:li 107 13.-Sames and campnlSalion of diredors, offerers, and employees 1Jf the Reem stru.clion Finanre Corpornlwn receiving from the Corporation more than $400 per month, as of Dec. 81, 19J8-Coutinul'<l TABLE WASlll]l;GTON' OH'H'E-Conlinued Name Title I Snltt.ry per month ------------------- ------------------!----- 8~r:~l~~((_!11;}:1·. ?x-_: :::: :: ::::: ::: ::::: :: ::: ::: 1 _ ~:~~:;::~~~: : : : : : : : ~ : : : : : : : : : : : : : : : : : : : : : : : : : : ! Ho\\"ar<l, 1-:rr11:st n_. _-------------· --- -- ------ _--- .du .. ---------------------- --- --------- .. I Jenkins, Iluceh Powell. .......••.................... ,lo .••..•.•..••...............•.•.....•.. Jones, Halph R .........•..••••......•......•....... do ..•........•...................•...... Lewis, Charles 8 ....•.................•............ do .•.•..............•...........••...... ?t!ielt:•nz, 1.AJtli~ M. ______________________ .. ____ ____ .do .. ____ .. __ . __________________________ _ O'Rlenes~. E. J •..•.•••••••••••.•••••••••••.•.•.•••• ,In ...•.......................•......••.. Rohertson, Hilton W .......................... ..... do ..................................... . Sea bur)". R. l\l ______________ -------------···· .. .... do __ --·-·_·····---····--·-·-·-·-·-··---- Speh•y, Harold J ..................•.....•...... .••.. do ..••..•.••••.......•.•..............•• Talman. ("11rtrr. __ ......... ---·--· . . . ......... ..... do ______ -·--·········-·····•···•··-····Toole, J.E ................................. - .. ..... do ...........•.•......••...•..•.•....•.• \\"aci,Jen, Tt1on1as A ..................... ---· ....... do ....... ··-·•·-·· ..................... . Ward, Manwll. •..................•.•••........... do ...•......•.....•...•...•....•.•..••.• Edelman, 1-'.dward ..•........•.......•••...•.. Counsel. .•.•...••...•..•...... _••.•....•.... Glueck, Nathan H ................................. ,10 .............•.....•.•...•.•.•.•...... Gunderson, Harvey J . •.•.........•......•......... do ...........•.....•.........•..•...•... Bill, George II., Jr .....................•...... ..... do .•••.....•.•...•.....•.......•.•....•. KlaJ?shrunn, Bans A ...•.........•.•.•........ ..... do ............... ·-····················· Li,·ingston, Schuyler W ............................ do .•••••...•...•.......•...........•.... WilsoP, Hohnt 0 ..••.............................. do .........................••........... Healey, George W.. .• .. .. . . ...•.. .. . ....... .. l"pedal representative ..........••..••.•....• Rochelle, \\"illiamJ .•.•.•....•... _............ Examiner .............................•..... Peery, Rohert W •...•.•.•...••..•...••••..•.....••. do.•-··································· Blair, Smith ........•.•.......•••.•.•............... do ................••.•..•.••........•... Galt, Alexander B... •.• . • .•..•• .•. .. ••••.. .• . . Assistant secretary ......•....•.•.•.......... Kannee. Henry M.--·-···---····------------- Liaison representath'P ...................... . Lesc-allett, <leorge A........................... Chief, Authorirntion·Canrelation SertLm ... . Roper. James H.·------·--·----·---·------·-·· RuJ)('rvisin~ enl,!'inr-er. ·······---·-···--··--·Rait, Donald M ............................... Engineering examiner .......•.•..•.......... Henry, Heber .......•.....................•... Counsel. ...........•...•...............•.... Holland, Bernard P., Jr ....................... ..... do .••....••...............•.....•....•.• Sandlin, John N •.........•...•.............. _...... do ..••...•...•.............•...•...•.... Wolford, Albert M ............................ --- .. do_ ....•.............•...........•.•.... Coombs, J. Wendell.. ................•...•.... Examiner .••.•.••.....•••....•.••........... Estes, George L .....•...•..•••..••...•.•...••••.... do.·-··································· Farrell, Etlward A .....•...•.......•.......•.. ..... do.·--·······························•·· Freeman, Lewis D .•.••.•.•••.••.•...•.•.•.•.•.•... do .••................•.•...•.......•.... i~t<;:,~~~:J t~~:::::::::::::::::::::::::: ::::j~:::::::::::::::::::::::::::::::::::::: 1 Luce, George P •. _ •.•.......•.••...•.•.....•....•.. do .. -··································· Mack, Bryan ........•..•......••........••......... do·--···············••·····•············ Steward, Adelbert T .....••.........•.............. do .. -··· .. _................•.....•...•.. Joyce, Walter E .....•.•....................... Administrati,·e assistant ................... . Halsted, J. Donald .••••.•...•...•............. Special assistant, Statistical and Economie Divison. Greist, Alva O _.. __ ------------·---- -·--. __ .. . ."-nds'pc·is.~•r.}n' :nefg·n.~eere.r·.·.·.·.-:-.·. ·••.•-::·.•••..-:::.··. :.· :: Lamphere, Frank E..... •. .•...•.. .. ... .. . .. .. 1 , 11 . 1 Tracy, Frank T ..............•................ Chier Clerk .............•....•.•..•...•... _. g~~~~h: {t1t!~~cA::::::::::::::::::::::::::: ~~~~~~er::::::::::::::::::::::::::::::::::: f~~!o';; {t~•~~:::::::::::::::::::::::::::::: ·E11g?ieerin11:"examiner::::::::::::::::::::::: Etheridge, Julian C.... ....• ... . .... ... . . . .. .. Examiner ..........••...•..••..........•.... ~~t'h~~rwfili~~°i .r:1:~~~'. .~r...::::::::::::::::: .~~ '.:t:::::::::::: ::::::::::::::::::::::::::: 1 Hntchinson, A. S................................... do.- ••.....•.................••.......•.• Stoner, Oeor~e B ................................... do .......................•.......••...... ~l~;~ii11!~=ii~::::::::::::::::::::::::::: ·! ~~t~~:~t!?~~~~~~!~~:: : : : : : : : : : Bassett, Albert E ................................•.. do ..•...•...•.•.•....•.................•. Bnrrowes, Alfred D •........•.........•............ do ..•.•..•...........•................... Dawson, Donal<l 8 ...... ____ ··-·-----------·-- _____ do·-----------·-------·--·-----·----·---- ~;r~~~fl!~J;::::::::::::::::::::::::::: ====Jt====================================== ;IT1li;f1~~nf,~:::::::::::::::::::::::::::: :::::iL:::::::::::::::::::::::::::::::::::: Collins, James H.............................. Administrative assistant. ••....•...•.•...... Greely, Adolphus W ., Jr...................... Engineering examiner ............•.....•.•.. t~~t~~~~1w:::::::::::::::::::::::::::::: ·i~i:!~iri~"i~1~~~:::::::::::::::::::::::::: Wortbington 1 L. S ....•..........• - .•.•...•••....... do .•... ••························-·-····• Warren, Freaerlck H .••..•..•............. ··-· Engineering examiner •...•.•....•.••••••••.. Ellsworth, George C .••• ·-·············-··•···· C'ounsel.. ..•..•.••.•..•.... _..•...•••••.••... A~b~~~~•llmilton .•. ·-· .... ·-··. ·-··· ·- •• ·- _Exa:r~ner •...•.••...•••••......... ·- --· •••.. Digitized by Google t5-II. 67 Ml.~7 5-11.117 511. 67 5-11.67 5-11.67 f,41. 67 5-11.67 5-11.67 1;:11. 67 5-11.67 541.67 5-ll. 67 /i4l. 67 5-11. 67 5-11. 67 5-11. 67 5-11.67 5-11. 67 5-11.67 5-11. 67 5-11.67 5.1:1. 33 52.,. 00 525. 00 520. 83 5moo 500. 00 500. 00 000. 00 500. 00 /j(J0.00 500.UO 5(1(1. 00 500.00 500. 00 500.00 5(JO. 00 500. 00 500.00 500. 00 500.00 500. 00 500. 00 500. 00 500. 00 500. 00 500. 00 483. 33 483. 33 483. 33 483. 33 483. 33 479.17 475. 00 475. 00 475. 00 475. 00 475.00 475. 00 466. 67 458. 33 458. 33 458. 33 458. 33 458. 33 458. 33 458. 33 458.33 458. 33 458. 33 450.00 450.00 4/i0.00 45(). 00 450. 00 450. 00 441.67 441,67 441. 67 108 REPORT OF RECONSTRUCTION FINANCE CORPORATION 13.-Namea and compensation of director&, ojfi,cera, and employees of the Reconaf;ruction Finance Corporation receiving from the Corporation more than $400 -pe,,r month, a, of Dec. 91, 1998-Continued 'TABLE W ASHINOTON OFFICE-Continued Tltle Name -Chase, John H ••••••.••••••••••••••••••••••••. Assistant chief, Statistical and Economic Division. Bergstrom, Raymond A ••••••.••.•••••••••.••• Examiner ••••••••••••••••••••••••••••••...•• Maroney, W. H ..•.••••••••••••••.••••••••..•...... do ..•..••••••...••••••••••••••.•••••••.•• Balley, Lawrence M........................... Field representative••••••.•••••••••..•••.... ·Metz, Elmer ls................................ Counsel. •.•••••..•••••.•••••••.••••••••..••. Robert, F. H .•.•......••••.•.••••••••••••.•••. Supervising engineer ••.•••.•..•••••.•••••.•. ·Cole, James 0 ••..•...•.•....••••.••••.•••••••. Assistant to Mr. Schram ••••••••••••••••••.• Letcher, J. M................................ .. Auditor •••••••••••••••••••••••••••••••••.••• ·Murphy, D. F .......•.•••••.•••.•••.••••.•••..•... do...••.•••.•••••••••••••••••••••••••.•.• Respess, John R .•...•..•.••...••.•.•••••••••.•••••. do .•••••..•.•••••••••••••••••••••••.•.••• Stroberg, H. R •.. _..••.•..••••••.•.•..•••••••.••.•. do...••••.••••••••••••••••.••••.••••••••• Easley, Robert J.. .....•.••.••••••.•••••.....• Appraiser ••.••••••••••.••••••••••••••••••••. Braverman, A. Marvin........................ Counsel. •.•••••••••••••••••••••••••••.•••••• Brown, Alan B .•...•••••..••••.••••.••••.•••..•••.• do.••••••••••••••••.••••••••••••••••••••. ·Campbell, J. Bowers .••••.•••••••••••••..•.•.•••••• do .•••••.••••••••••••••••••.••••••••••••• .Jacobson, Harold E .••..•..•••.•••.•.•••.••.•••••••• do••••••••.••••••••.•••••.••••••••••••••• .McLaughlin, Matthew A., Jr .•••.•.•.•.•.••......• do ••••••••••••••••••••••••••••••••••••••• Mills, J. Warner,Tr ...•.••.••••••••...•.•.......•.. do ...•••••.•••••••••.••••••••.••••••••••• r~:s~Jl~y:d!~"6 Callan •••• •·••·•·•·•••••••••· .••• ·i~······· ·························· ...... Exa:::lner:: ::::::::::::::::::::::::::::::::: ~=~i:i,eis'iii~~mif~~ .~: :::::: : : :: ::: : : :: :: :: :: : · Eigelberner, J ••.••••••••••••••••••••••••••••••.•••• do •••••••••••••••••••••••.•••.••••••••••• Foster, Sterling J ., Jr••.••••.••••••.•.••••.•••. .•••. do .•••..••••••••••••.••••••••••••••.••••• He111"mann, Herbert J •.....•..•••.•.•••.••••••..•••. do .••••••••••.•••••.•••.•••••.•••••••.••• Mccutcheon, William N ••..••••••••.•••••••••••.•. do ••••.•.••••••••.•.•••••••••••••••.••••• Rhett, Robert Goodwyn, Jr .•••••••••••••••••• ••••. do ••••••••••••••••••••••••••••••••••••••• ~t:~~~1\:~e~ B:::::::::::::::::::::::::::::: :::::i~::::::::::::::::::::::::::::::::::::::: Wise, George E ••..•••.•••.•.••••••••••.••••..••..• do •...•••...••.•••••••••••••••••••••••••• .Bliss, Rodney M .•.•••.•••.••••••••••••••..••• Field representative .••••••••••••••••.•••••.• Ferratt, Thomas L •...••••.•••.••••••••.•••.••••••. do ...••.••.•.•.••••••••••.••••••.•.•••••. Wagner, WBiter D... .....•.•...........•.•... Appraiser ••.•••••••••••••.•••••••••••••••••. SBlary per month $433.33 433 33 433.33 433. 33 433. 33 433.33 433.33 4~5.00 425. 00 425.00 425.00 416. 67 416. 67 416. 67 416. 67 416. 67 <il6.67 <il6. 67 <il6. 67 <il6. 67 416. 67 "16.67 416.67 416. 67 <il6.67 <il6. 67 416.67 416. 67 416. 67 416. 67 416.67 416.67 (') LOAN AGENCIES I Atlanta, Ga.: Candler\ Scott..•••••••••••••••••.••••••••• Chadwe 1, W. A .•..•...•.................• Reynolds, G. P •••••••••••••••••••••••••••• BBltimore, Md.: Coke, William H.......................... Chatterton, Joseph V••.••••••••••••••••••• Birmingham, Ala.: Acting manager ..•••••••••••••.••••••••••••. Assistant manager •••••••••••••••••••••••••• Field representative •••••••.•.•.••••••••••••. $500.00 SpeclBI representative ••••••••••••••.•.•••••. Examiner •••.•••••••••••••••••••••.•.••••••• 458. 33 '16.67 Manager••••••••••••••••••••••••••••••.••••. <il&.67 Hagerty, John J.. ......................... Manager .••••.••.•••••••.••••••••••••••••••• Larklnt!Jeorge E .•.••••••••••••••••••••••• Assistant manager ......................... . Charlotte, N. C.: Campbell, John A., Jr .•••••••••••••••••••. Manager ••••••••••••.••••••••••••••••••••••. Chicago, Ill.: Gaal 1agk,hCerra' Fg. D.·.: ·.: ••••.• •.•. ·••• •• •. • · •••••..·•• ••·• ·••••••• .. •. Assistant Manager •.•••••••••••••••••••••••••••••••••• manager ......................... . B1 0 1 0 Walker, Lee............................... Office counsel. •••••••••••••••••••••••••••••• Rosenwald, Harold........................ Counsel. .•••••••••••••••••••.•••••••••••.••• Fordyce, William C •...•••••.••.••.•••••.• Examiner •••••••••••••••••••••.•.•••••••.••• ~i::,1~1y B. Archibald ••••••.•••.•.•..•.• Aii!;ey··································· 6 Gregson, William F •••••••••..••...•.•.••• Examiner ••••••••••••••••••••••••••••••••••• Boysen, Louis K ••...•••.••.•.•......•••.•.•••• do .•••••••••••••••••••••..••..•••.•••.... Mudgett, C. F ••.••••..••••••.••.•..•.••...•••. do ....•...•••••.••••••••••••..•••••••••.. Standish, M. L............................ Assistant to the manager •.••.•••••••••••.•.• Walters, Harold B... ..••••.• ...•.•.•••.••. Attorney ••.•.•.•.•••••••••••••••••••••••.•.. Gill, Charles R... ..•.•••..•• ...•••...••••• Examiner •••.•••••.••••••••••••••••••••.••.• Nelson, Harvey F .....•........................ do ..••..•.•.••••••••••••...•••••••..•.••. Fink, Sigmund A......................... Attorney ••.•..••••.•.••••••...•.••••....•••. Allen, William 8 ••••••••••••••••••••••••••.•••• do .•...••••.•••••.•••••••.•••••••••..•••. ii~~t H ••••...•.•...•••••••••... Exa:r~ner ••••••••••••••••••••..••••••••••••• 708.33 Bosto~~\:r!is~ ............................... ~~~t°:; Cleveland, Ohio: if!~c~~f ~M·M························ .r~~~~ manager·························: 500.00 500.00 458. 33 500.00 833. 33 625. 00 791.67 625. 00 625.00 625.00 625. 00 541.67 500.00 500.00 500. 00 500. 00 458. 33 45S. 33 433. 33 416. 67 416.67 416. 67 750. 00 641.67 641.87 1 Employed on per diem basis at $JS per day. Compensation for October, $3110; November, $420; Derem• ber $405. • Except as herein Indicated, attorneys handling legBI matters of the varlollll agencies of the Corporstlon do not receive salaries but are paid in the customary way according to the character and volume of the work performed and therefore are not Included. Digitized by Google REPORT OF RECONSTRUCTION FINANCE CORPORATION 109 '. T ABLJ!I 13.-Namea and compensation of director&, officer, and employees of tM • Reconatruction Finance Corporation receiving from the Corpontion 1"0re than $400 per month, aa of Dec. 91, 1998-Continued LOAN AOENCIES'-Contlnued Name Salary per month Tile Dallas, Te:r.: Glidden, L . B. . ........................... Detroit Mich .: Hodgson, Raymond J. ................ .... Fushman, Arthur J • • •.................... Nelson, Fred F . .•.. ..•..••................ Massnick, Alfred W . . •• ... ...•....•.....•• Houston, Tex.: McConnell, M •••..... . . ••...•............ Jacksonville, Fla.: Farwell, Fred H ..... ....... ....... . ... . ... Kansas City, Mo.: Hodi,:"3, Frank ................. , ... . ...... - Little Rock, Ark .: Jarrett, J . W .............................. Los Angeles, Calif.: Haight, Hector 0 ................. .. Louisville, Ky.: Abell, J . Fort..... .. ....................... Humphrey, Lovell M ..................... Mlnneapol!s, Minn. : MPoawyenrar,Ode,oBregne OC •.•••• ••·•·• •.•••••••.•••.·•·.•.·.••·•·.·.·.·.••·.·. Nashville, Tenn. : Gardenhire, J. M . ........ ................. Davis, Lee. ... .. .......................... New Orl eans, La.: Buskie, George F ..... . ................... . Robertson, George W .................... . Goodman, Samuel J..................... .. Green, Justin ...................... . .... . . . New York, N . Y.: Ahearnl.Thos. J., Jr ... . ................... Tyree, roung ............. . ............... Farthing, William J . . .. .................. . Schnelder, John Thomas .....•............ Evarts, Effingham........................ Kavanagh, Thomas P ..................... Barrett, F. H .. . •. .. . ... ...... .... ........ Summers, Geor~e . ........................ Stevens, Harry I...... .................... Frey, Charles L ..• . •...•..•..•.....•.•.•.. Manager .... . .............................. . ~58. 33: Manager .. . . .. ............................. . Assistant manager •••..•.•••.•.••.•...• •••. . . . .. . do ....... ............................... . Attorney ................................... . 500.00 625. 00 416.6T M0. 00 Manager . . •••• •..• . ....•....••••. • •••.. • •. .• 450.00 Manager ........... . ... . ................... . 500. 00 Manager.... . ............................... ' 600.00, Manager .................................. .. 500.00 Manager .................................. . . 500. 00 Manager .. . . .. ............................ .. Agency counsel. ......................... . . . 520. 83- Manager . . ................................. . .Assistant manager ......................... . 625. 00 450.00 Manager . ..... ............................. . .Assistant manager . ........................ . 500.00 458. 33" Manager ...... .... .. . ...................... . Assistant m,mager .................. ....... . 833. 33: 500. 00· 500.00 ~!::'n%~~~.~~~~·.::::=========:=:==========:: Manaizer . . ........................ ... ..... . . Assista nt manager ......................... . E xaminer . ... .. ....................... ..... . Agency offi ce counsel.. .........••.•.....•... Assistant agency office counsel. ........ .... . Exa mi n er ..... ............................. . Special assistant. .......................... . Attorney . .. ................................ . Exo.mioer .. . ..... . ......................... . Chief, Loan Liquidation Division ....••••••• i~ftltI;ft:t~~~~~~~~~~~~~~~~~~~~~ =~~~~::~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Wilson, Russel T ............................... do . . .......... . ................... . .... . Oklahoma City, Okla. : Eagen, J . C . ..... . ...................... . . Manager .............. .. ................. . . . Omaha, Nebr.: Daniel, Herbert 8 ... . ....... . ............. Manager ................................... . Philadelphia, Pa.: C oit, Oladdlog B ....... . ............... . . . Manager .•.• .. ......•.......•...•....•.•.•.• Scott, E . Raymond . ·- · ········· · ········- Assistant manRt er _ - - - - --------------------Walton, Henry F ., Jr .• _................. . Acting assistant manager................... . McCarthy, Arthur F ..................... . Office counsel . •. ••• -....................... . Gretz, Arthur A .......................... . Examiner . ..•. •. . ..• .....•••.••.••.••••• • •.. Portland, Oreir. : Kennedy, Wllllam.. ...................... Manager .. ................................. . Richmond, Va.: Gilmer, Henry 0 ......................... . Man ager• ••. _•.• . •.•••...•••••••...•••••••. • Staples, E . W _.. . ........................ . .Assistant manager ......................... . Crump, William W ...................... . Office counsel. ............................. . San Antonio, Tex.: Meerscheld!_i Otto ......................... Manager . .. . ............................... . San Francisco, v al!!.: Calkins, Allard A ........................ . M a nager .... . ... . . ..... _.••••....•.•.•...••. McCullough, John S., Jr ................ .. Assistant manager .................... . .. . . . Hos;mc.k, Harry F .... . ................... . Examiner ....... . ....................... . .. . St. Loms, Mo.: Snyder, John W ........................... Manager .... .. . ......... . ................. . . Sain, Frank 1..... .. . ..................... .Assistant manager ......................... . San Juan, P . R .: · Norregaard, Nelson....................... Special representative ...................... . 410. 67 500. 00 833. 33: 791. 67 791.67 708. 33. 708. 33 583. 33: 500. 00 500. 00 483. 33 458. 33 458. 33 441. 67 416.67 416. 67 416. 67 450. 00 500. 00 833. 33: 550.00 416. 67 600. 00 441.67 45(), 00 541.67 458. 33: 416. 67 500.00 750.00 500. 00 450. 00 708. 33" 475. 00 450. 00 • E:rcept as herein Indicated, attorneys handling legal matters of the various agt1neles of the Corporation do not receive salaries but are paid in the customary way according to the character and volume of the work performed and therefore are not included. Digitized by Google REPORT OF RECONSTRUC'.rION FINANCE CORPORATION 110 14.-Statement of cash receipts and expenditures during the fourth quarter, Oct. 1, 1938, to Dec. 31, 1938, inclusive (Corporation's accounts with Treasurer oj United States) TABLE Cash balance at the close of business Sept. 30, 1938, 88 per the books of the treasurer of the Corporation ........•................................ ·······················--------··· Add: Checks issued prior to Oct. 1, 1938, canceled subsequent to Sept. 30, 1938................................................................... $572.02 30, 1938 .. •···· •· •·· ........ ··• ................ ········ ············•··· 287,175.57 U46. 7112. ll Add: Corrections of errors reported to the treasurer subsequent to Sept. 287. 747. SI Adjusted cash balance at the close of business Sept. 30, 1938 ....... -·····-················ Receipts: Sale of notes........................................................ $440,339,000.00 Repayme11ts on loans: 1'o banks and trust companies (including re• ceivers).... .. ...... ...........•...............• $8,028, 772. 18 To credit unions................................. 12,103.00 To building and loan associations (including oomp.!lnies::::::::::: :: :::::: :::::: 134,991.14 T~ei~~~~~c,, 483,548.15 To joint·stock land banks ....................... . 33i,040. 58 To mortgage loan companies .......•............. 4, 594, 053. 33 To railroads ...............•.............•...•..• 3, 693, 311. 82 To fishing industry .............................• 84,541.21 To business.fnter.pr~ .................•.•...... 7, 2~, 877. 75 To mining, milling 1 and smelting business ......• 139, c.oo: 00 On assets of closed oanks ....................... . 742,674.13 For self•liquidating projects (par $33,394,500) .... . 32, 553, 883. 83 For repair or reronstruction of property damaged by earthquake, etc.: Under sec. 201-a, act of July 21, 1932, M ameuded .........•........................• 21,059.14 Under act of Apr. 13, 1934, 88 amended: Industrial and commercial business ...•.• 19,060.69 29,104.84 Other ..........•.. ···-•-•· .............. . For financing the carryinl! and orderly marketing of agricultural commodities and livestock pro· duced in the United !states other than Com• 252,751.97 modity Credit Corporation ....•.....•........ To drainage, levee, and irrigation districts ...... . 123,956.33 Secured by preferred stock: Insurance companie.s....... ..•......•...... .. 150,000.00 Banks and trust companies.................. 2,414,368.49 . 61. 067, 098. 58 Preferred stock, capital note and debenture·retirements ............ . Preferred stock installment sales contracts ......................... . Sale of securities purchased from Federal Emergency Administration of Puhlic Works ......................................•....•••.... Funds of other governmental agencies: Disaster Loan Corporation ..•......•..............••..•.••...••• Export•lmport Bank of Washington •............•.•...•••.••... Commodity Cre'1it Corporation ...........•...•.•.......•.•...• Federal National Mortgage Association ............•.. ·········Interest and discount collected .................•...............•...• Dividends collected on preferred stock purchased (including interest on interim receipts) ........•...................................... Interest collected on oanital notes and debentures ............•...•.• Accrued interest on notes sold ...............................•.....• Premium on sale of securities purchased from other governmental agencies ____________________________________________ ------------- __ Interest, to date of purchase, on securities purchased from other gov• emmental agencies ... _.............................•...•.........• Reimbursable expense collected ..................................•.• Repayments on advances for care and preservation of collateral. .... Liquidation of assets acquired through foreclosure and settlements •• Premium on securities sold ............•..........•.....•.•.....•.... Remittances held in suspense................•......•............•.. Unallocated, pending advices ................................•.•.••• Miscellaneous (including amounts credited in error) .•.....•...•...• 5, 429. 580. W 15,483. 17 7, 761, 654. 35 2, 438, 492. 59 I 6, IN, (Y)(l_ 00 21, 543, 822. 23 2, 378, 685. 56 10, 234. 360. 83 183,391.41 56,405.21 230.35 I, 894, 663. 57 38,437.47 772,678.00 246,451.87 3,342,614.80 1. 500, 254. 08 11, 543, 454. -l3 5, 861, 423. 23 360, 990. "6 593. IW.1'1'2.• w:3,9.3,712.tl Digitized by Google REPORT OF RECONSTRUCTION FINANCE CORPORATION 111 14.-Statement of cash receipts and expenditures during the fourth quarter, Oct. 1, 1938, to Dec. 31, 1938, inclusive (Corporation's accounts with Treasurer of United States)-Continued TABLE :E,pendltures: Retirement or notes .. _._. ___ -----···-·-·····-·-·-···---·--· .•••• --·· $298, 892, 666. 67 Loan disbursements: To banks and trust companies (including I'll• $3, 431, 276. 39 ceivers). ·- _........... - ·-- --- ·----··-·--- ·-·617. 259. 71 To joint•stock land hanks ... ·--------·-------·To mortgage loan companies _____ ·--··--------42, 87 5, 31}1\ 08 20,422,921.95 To railroads_ ....... ·····-·-·---··---··-·····-To business enterprises _______________________ _ 24,117,459.57 To mining, milling, and smelting business. ___ . 87. 000.0!) On assets of closed hanks._ ................ ·- __ 602,652.21 For self•liquidating projects (par $27,767,500) ..• 26,933. 187. 83 For repair or reconstruction of property dam• aged by earthquake, etc., under act or Apr. 13, 1934, as amended, other than industrial and commercial businl'ss ___ _________________ _ 3. 500. 00 For financing sale of agricultural surpluses in 10,000,000.00 foreign markets.·············-••···· ........ . For financing the carrying and orderly market• ing or agricultural commodities and livestock produced in the United States other than 53,000.00 Commodity Oredit C'or!)Omtion ....... -----· To drainage, le,-ec, and irrigation districts ...•• l, 594,414.47 Secured by preferred stock-insurance com• 100,000.00 panics .. _-· .... ·----···---·--------·----·---:Purohases of preferred stock and debentures-banks and trust companies_ .. __ .--·-···--- .. ··--- ..... ·--· ... ·-···· .............. ····.Purchases of securities from Federal Emergency Administration of Public Works .............. _....... _................ ··-··-• ...•..• Withdrawal of funds by other governmental a~encies: The RFC Mortgage Co ........... ••··-·-·-·-·--···•········-··Disaster Loan Corporation_.······-••··········-·-···-···-···-Export•lmport Bank or Washington·-······--··--··········-··Commodity Credit Corporation .... ····•············-···-·····Federal National Mortgage Association •.... -········•········-· Allocations: To Federal Housing Administrator ............... $1,000,000.00 Purchase or stock of Disaster Loan Corporation.. _ 2,000,000.00 For expenses, regional ~ricultural credit corpor• ations.............. ....... ......... ..... .. . .. ... 188,500.00 For expenses, FMel'III"Efnert1eney 'Rellef•Adminls• tration.·-···-· ...... ······--········ .. .. ........ 561. 42 Advances for care and preservation of collateral. .... ···-· ....... ·-·. Advances for care and preservation and expense on assets acquired throu~h foreclosure and settlements ........ _..................... . Expense of servicing securities purchased from Federal Emergency Administration of Public Works._ .................•........ ···-·· Refund of interest and dividend overpayments·--·····--·•···••--·· Release or funds hel<l in suspense ..•.............. -· .... ·- •......... Interest on notes ........... ··························-··-····-···-·lnterest on funds held for Commodity Credit Corporation .•........ Accrued interest on securities purchased.·-·················-······· Furniture and fixtures ...•. ·-·········--·· ........ ·····-··········-Expense: General.. ....•... ·- ........•. _.•........ ·-_._ ..... -··- ... ·--._ .• Loan agency·····-···-····················-·········--·······--· Custodian ............. ·-· ..................................... . Reimbursable expense.············-········ ...................... ·MisC't'llaneous (including refunds and adjustments for amounts credited in error) ... ·-· ............... ···-··········-·-·-······-·· 130, 837, 1178. 21 45,271,500.00 10, 292, 600. 01 5,000.00 1,532,697. 17 9o0, 000.00 83, 468, 8fll. 22 2, 207, 965. 62 3, 189, 061. 42 399,802.57 209, li8.05 33,330.79 79,082.37 7,381,858.69 1,710,857.02 536, 751. 19 214, 117. 19 44,241.01 1, 113, 495. 04 I, 130,761.97 382,321.09 673,161.57 833,639.35 $591, 390, 869. 12 2, 542, 8t3. 29 · Cash balance at the close of business Dec. 31, 1938 .•• _···-···-·-·· .•.•....••••.. ·········NoTE.-ln addition to funds on deposit with the Trea.surer of the United States, custodian banks and trustees held in suspense funds which amounted to $636,4Q6.76 at the close or business Sept. 30, 1938, and . $634,414.61 at the close of business Dec. 31, 1938. Digitized by Google 112 REPORT OF RECONS'l'RUCTION FINANCE CORPORATION TABLE 15.-Statement of cash receipts and ezpenditurea, Jan. 1 to Dec. 81, inclusive (Corporation'• account, with Treaaurer of United Statu) Cash balance at the close of business Dec. 31, 1937, as per the books of the Treasurer of the Corporation •••••.••.•.••.••.•••.••.•••••••••.•••••••••••••••••••••••• .Add: Checks issued prior to Ian. 1, 1938, canceled subsequent to Dec. 1 it~rectlons or errors reported to the Treasurer subsequent.to Dec. 31, 1937 •••••••••••••••••••••••••••.••••••••••.••..•••••••••.••••••••• 38,004.52 19,s. $3,'38.551.71 A!~: Adjusted cash balance at the close of business Dec. 31, 1937•••••••••••••••••••••••.•••••• Receipts: Sale of notes....................................................... S879, 498,500.00 Repayments on loans: To hanks and trust companies (including re• ,d vers) .••...•..•••••••••••••••••••••••••••••• $35, 475, 383. 99 To credit unions................................ 49,107.00 To building and loan associations (including receivers)..................................... 663, 646. 65 To insurance companies........................ 802,971.47 To Federal land banks.......................... 11,567,965.17 To joint·stock land banks....................... 808. 873. 32 To mortg"J!:e loan companies.................... 60, 531, 297. 81 To agricultural credit corporations.............. 11,984. 79 To railroa<ls.... ...•.•..•••.••••••.•.• .. ...•.••• 7,094, 752. 79 To fishing industry............................. 108,087.13 To business enterprises......................... 17, 744, 775. 15 To mining, milling, anrl smeltinll: business...... 347,175.16 On assets of closed banks....................... 5,282,142.56 For self-liqui<lating projects (par $101,600,445.40). 100,758,812.88 For repair or reconstruction of property damaged by earthq nake, etc.: Under sec. 201-a, act of Inly 21, 1932, as 748,243.07 amended .•.......•..........•..•.....••••• Under act of Apr. 13, 1934, as amended: Industrial and commercial business ..••• 84,316.97 Other .......••.•..•...•..•.•.•.•..•..... 13S, 125. 42 For financing the carrying and orderly marketing of agricultural commodities and livestock pro• duced in the Uniter! States: Commodity Credit Corporation •••••••••••• 105, 799, 950. 43 320,943.94 Oiher .........................••••.•••••••.• To drainage, levee, and irrigation districts...••.. 1,015,298.45 To public school authorities ..•.••••.....••.•...• 500. 00 Securerl by preferred stock: Insurance companies........................ 631,277.16 Banks and trust companies................. 3, 121,820.24 353, 107, 350. 95, 33,957,740.54. Preferred stock, capital note ancl debenture retirements .••••••••••• 2, 500, 000. 00 Capital reJuctions regional a~ricultural credit corporations ••••••••• 187,246.62 Preferrert stock installment sales contracts ..••..•..•..•...•.......• Sale of securities purchased from Federal Emergency Admlnlstra• 32, 908, 501.12' tion of Public Works ....•.................•...•..•.•.••••••••.••• Funds of other governmental agencies: 8, 610, 153. 94Disaster Loan Corporation....•.....•••••...•••.•••••.••••.•••• 16, 500, 000. 00· Export•Import Bank of Washington •.••••••••••••••••••••••••• Commodity Credit Corporation ..•...•••••••••..••.••••••••••• 229, 446, 002. 37· Federal National Mortgage Association ...•••.•••••.•••••••.... 35, 630, 356. 90 Interest and discount collected .•........••......••.••••••••••••.... 41,592,485. 82· Dividends collected on preferred stock purchased (including interest II, 754, 035. 31 on interim receipts) .........................•....•.••••.....•••.• 8, 529, 200. 6T Interest collected on capital notes and debentures .••••••••••••••..• 750, 935. 53, Commitment fees of The RFC Mortgage Co •..••••.•••..••••..••.• 7,473.30 Accrued interest on notes sold ••••.•.••••••••••••••••.••••••••••••• Premium on notes sold .......•.......•.......•.•.•.•.•.•.•••...... 9,755.30 Premium on sale ol securities purchased from other governmental agencies ______________ ---- _________ -- - ----- --- -- -- ---- ---- ---- -- -1,.244,.975. 63 Interest, to date of purchase, on securities purchased from other 865;.449. 58 •........•••••....••••••••.•.••••••••..• governmental agencies 2,612,487. 59· Reimbursable expense collected .•...•..•..•..•..•.•.•.•..........•• 1.218, 245. oa Repayments on advances for cRre and preservation or collateral. .•• 1,595.811, Collections on collateral (cash collateral) •......•.•..•.•........•... 4,901, &H. 69 Liquidation of assets acquired through foreclosure and settlements. 5, 82"2, I 92. 02 Premium on securities sold_--------------------------------------38, 730, 293. 56 Remittances held in suspense .•.•..••••••.....•••••.•••••••••.•.••• 5,861,423.23: Unallocated-penclln~ advices ......................•••....••.•...• 720, 1511. 40 Miscellaneous (including amounts credited in error) •••••••••.•••.• 40. 471. 4i 3, 4n.123. r. 1, 709, 968, ~ 1if' Total. •••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• ·-········· l. 713,«.\ 32li :II Digitized by Google REPORT OF RI.•JCONSTRUC'l'ION FINANCE CORPORATION 113 ol 15.-Statemenc cm receipt, and ezpendiCures Jan. 1 to Dec. SJ, 1998, inclv.8'WCI (Corporation, accov.nu with Trea,v.rer of United States)-Continued ABLE :pendltures: Retirement of notes ..••••••..••••..•••••.••.•.•...•..••....••.•.... $817,892, 6611. 67 Loan dlsbursements: To banks and trust companies (including receivers) .•.....•...•.•...............••....... $9,761,107.43 To building and loan associations................ 595, 2n. 66 To Insurance companies......................... 1,017,793.39 To joint-stock land banks........................ 4,422, 88.1. 49 To mortgage Joan companies ..........•.•........ 83,611, 1118. 211 To railroads ....••.••...•.....•.•....••.•.....•.. 87,974,421.95 To fishing industry.............................. 300. 00 To business enterprises. . . . . . . . . • . • . . . . . . • . . . . . . . 52, 448, 370. 62 To mining, milling, and smelting business....... 980,200.00 On assets of closed banks........................ 5,973,586.64 For self•llquldating projects (par $58,341,500) ..... 66,490,188.53 For repair or reconstruction or property damaged by earthquake, etc., under act of Apr. 13, 1934, as amended, other than Industrial and com• merclal business............................... 18,100.00 F1~ret':°=e:~~. ~~.~. ~~~~. For financing the carrying and orderly marketing of agricultural commodities and livestock produced In the United States: Commodity Credit Corporation .••••.•••.•.. Other........................................ To drainage, levee and Irrigation districts........ To Rural Electrification Administration ......... Secured by preferred stock, insurance companies. 1 ~'.1.'.~~~ .~ :ii, 000, 000. 00 42, 649, 555. 58 73,000.00 4,957,601. 74 24,900,000.00 IGO, 000. 00 395, 974, 300. 32 Purchases or preferred stock and debentures-banks and trust compenies ..••..••....••.••.....•.........•••.•.................. Purchase of stock of Federal National Mortgage Association ......• Purchases of securities from Federal Emergency Administration of Public Works ..........•....••••.........•••.......•............. Payment to Federal Emergency Administration of Public Works of premium from sales of securities ..........•..••.•••.•..••.••••. Withdrawal of funds by other governmental agencies: The RFC Mortgage Co ...••••.•••.••••....•••....••.••...•.•.. Disaster Loan Corporation.•...•..•.•••••••••.•.••..•..•••..... Export•Import Bank of Washington ..•.•.....•................ Commodity Credit Corporation ......•.•...•.•.......•........ Federal National Mortgage Association ••...•...•.....•........ Allocations: To Federal Housing Administrator ...•.•.•....• $ll', 400,000. CO Purchase of stock of Disaster Loan Corporation. 2, 000, 000. 00 For expenses, regional agricultnral credit corpora• tlons..................... ...••••..•.•.•.... ..• 740,347. 60 For expenses, Federal Emergency Relief Admln• lstration. ••••...••.•..•.. ... ............. ....• 1,385. 66 Interest on notes Issued for funds for allocations to other governmental agencies and for relief.. l, 732,341.23 16,000.00 2, 982, 094. 01 2, 450, 000. 00 240, 139, 705. 76 34, 642, 631. 74 Refund to Secretary of the Treaaury of funds received as capital red uctions of regional agricultural credit corporations .............• Advances for care and preservation of collateral. ........•..•....... Assets acquired through foreclosure and settlement~.--- .•.......... Advances for care and preservation and expense on assets acquired through forcelosure and settlements......................•...•... 2, 500, 000. 00 l, 754,273. 19 20,792.59 E~=~::[;;,i~i~f;~'iJi~tw ~~~~~~ .~~~~~~~~: Refund of Interest and dividend overpayments .•...••......•...... Refund of unearned discount ..•.••...•..•............•........•... Release of cash collateral.. ...............•..•.........•............ Interest on cash collateral to redlscounts ...•.................•..... Release of funds held in sn•pense •..•.............................• Interest on notes .................................................. . Interest on funds held for Commodity Credit Corporation ........ . Accrued Interest on securities purchased .•.•....•.................• Furniture and fixtures .•••...••.•••.....•..•...............•.•..... Expense: General. ••••••••.•••••••••.•••••.•...••••••..••.•...•.••.•..... Loan agency ••••.••.••..••••.•......•.•••••...••.......•....... Custodian ......•...•.••••.•..••...•.......•.•................. Reimbursable expense ....•••....••........•.....•................. Ml.~cellaneous (including refunds and adjustments for amounts credited In error)................................................. o¥:~~.~!~~~. 55,691,750.00 11,000,000.00 40, 815, 159. 48 2, 500, 000. 00 14, 874, 074. 49 817,786.69 126,569.55 l, 665,412.30 70. 11 9,071.87 577. 51 47, 614, 775. 40 22, 688, 862. 62 536, 751. 19 l, 212, 187. 88 137,737.87 3, 843, 882. 11 3, 446, 742. 59 1, 636, 927. 46 2,696,341.89 I, 215,339.68 - - - - - - $1,710,902,484. '¥1 Cash balance at the close of business Dec. 31, 1938.•..••....•...•....••..••...•.•.• 2, M2, 843. 29 OTE.-ln addition to funds on deposit with the Treasurer of the United States, custodian banka and trus• h~ld \n suspense funds which amounted to $613,125.02 at the close of business Dec. 31, 1037, and $634, • il at the close of business Dec. 31, 1gas, 136800-39--8 Digitized by Google REPORT OF RECONSTRUCTION FINANCE CORPORATION 114 16.-Statement of cash receipts and ezpendituru, Feb. B, 199B, to Dec. 31, 1938, inclusive (Corporation's accounts with Treasurer of United States) TABLE Receipts: Sale of capital stock ______________________________________________ _ $500, 000, 000. 00 Sale or notes _____ . __ . _____________________ • ______________________ _ 6, 712, 038, 833. 34 Repayments on loans: To banks and trust companies (including receivers) .. __ ------------------------------ $1,849,286,174.05 To credit unions___________________________ 499,721.21 Toreceivers) building_______________________________ and loan associations (including_ 116, 159, 054. 60 To Insurance companies ___________________ _ 86, 599, 031. 44 To Federal land banks ____________________ _ I 387, 236, 000. 00 To Federal intermediate credit banks______ _ 9, 242, 975. 63 To joint-stock land banks _________________ _ 16, 833, 780. 41 To livestock credit corporations ___________ _ 12, 971, 598. 69 To mortgage loan companies _______________ _ 331,582,867.44 To regional agricultural credit corporations_ 172,017,533.39 To other agricultural credit corporations___ _ 5, 558, 762. 42 To railroads ______________________________ _ 188, 477, 922. 03 To processors or distributors for payment of processing taxes ______ • __________________ _ 14,718.06 Topublic Statemoneys funds for Insurance of deposits of_ __________________________ 13, 06(, 631. 18 To fishing industry _______________________ _ To business enterprises ___________________ _ To mining, milling, and smelting business __ On assets of closed banks_. ________________ _ For self-liquidating projects (par $157,068,579.40) _--- _--- --- -- _-- .• _••.•••• _. ----- -For repair or reconstruction of property damaged by earthquake, etc.: Uuder sec. 201-a, act or July 21, 1932, as amended ____________________________ _ Under act of Apr. 13, 1934, as amended: Industrial and commercial business_ Other _____________________________ For financing sale of agricultural surpluses in foreign markets ______________________ _ For financing the carrying and orderly marketing of agricultural commodities and livestock produced in the United States: Commodity Credit Corporation _______ _ Other ___________ . _____________________ _ To Secretary or Agriculture (Agricultural Adjustment Act) _______________________ _ To drainage, levee, and irrigation districts_. :f~ ~~~~f ¾1~~iii:t~~tl"~inioistniiion::: Secured by preferred stock: Insurance companies __________________ ,. Banks and trust companies ___________ _ 350,875.63 40, 735, 369. 97 1, 336, 251. 64 41,353, 221. 52 156,087,671. 88 2, 649, 012. 13 230,428.62 406,961.'37 20, 177, 690. 67 767, 621, 073. 91 11, 404, 590. 62 3, 300, 000. 00 3. 074, 051. 90 22, 300, 500. 00 2,425.46 7, 238, 581. 91 10, 714, 059. 64 4, 278, 571, 637. 42 502,766,047. 29 17, 159, 232. 30 66, 455, 000. 00 20, 000, 000. 00 131, 977, 955. 52 Sale or gold ___ ----------------------·--······--------·-----------Preferred stock, lnstsllment sales contracts _______________________ _ 710,633.311 Preferred stock, capital note and debenture retirements __________ _ Relief disbursements (1932 act) repaid ____________________________ _ Capital reductions regional awicultural credit corporations.·-··-··· Funds received from Secretary of Agriculture ____________________ _ Sale of securities purchased from Federal Emergency Administration of Public Works ___________________________________________ _ Funds of other governmental agencies: Regional agricultural credit corporations _____________________ _ The RFC Mortgage Co ______________________________________ _ Disaster Loan Corporation ______ ._. __________________________ _ Export-Import Bank of Washington _________________________ _ Commodity Credit Corporation ___ ·-----------·--··---------Federal National Mortgage Association ______________________ _ Interest and discount collected. __________________________________ _ Diviqend~ collect~d on preferred stock purchased (Including lnt8l'llllt on mterim receipts) __ . ___ .. _.. _. ______ . __ . _____________________ _ Interest collected on capital notes and debentures ________________ _ Commitment fees of The RFC Mortgage Co _____________________ _ Accrued interest on notes sold ___________________________________ _ Premium on notes sold __________________________________________ _ Premium on sale of securities purchased from other govunmental agencies ______ .. _._._ .. __ ... __ .. _. __ ._._. _______ • ______ . ________ _ Interest, to date of purchase, on securities purchased from other governmental agencies .. _.. _. _________________________________ •• Reimbursable expense collected _____________ ---------·· ___________ _ Repayments on advances for care and preservation of collateral. __ Collections on collateral (cash collateral) _________________________ _ Liquidation or assets acquired through foreclosure and settlements. Profit on sale of collateral purchased _________________________ ••• Premium sold __ ---------------·--------------------_ Premium on on securitieR loans retired _______________________________________ Remittances held in suspense ___________________________________ _ 452, 901, 088. 17 36, 800, 000. 00 23. 501,999. 111 14,660, 061!, 16 21, 842, 500. 00 284, 652, 0fi5. 37 35, 630, 366. 40 364, 681, 226. 41 73,291,515.35 31,330,219.31 750,935.53 778,726.84 708,710.08 17,870.714. 00 1, 186, 317. 86 10, 755, 595. 15 12. 291, 309. 91 1. 078, 891. 40 10,897,844.80 110,425.27 7,658,651.53 118,484.22 111, 458, 350. 35 See footnote at end of table, Digitized by Google REPORT OF RECONSTRUCTION FINANCE CORPORATION 115 16.-Statement of ca8h receipts and expenditures, Feb. £, 1932, to Dec. S1 1938, inclusive (Corporation'• accounts with Treasurer of United States)-Con. ' rABLlll iecelpt.s-Contlnued . Unallocl\ted, pending advices •.......•.•..•••••••.••.•••••••.•.•.. Miscellaneous (including amounts credited In error and remittances not collected) ••••••••••••••••••••••••••••••••••••••••••••••••••• $5,861,423. 2:l 6. 744,673. 75 · - - - - - $ 1 3 , 757,196,902. M txpendltures: Retirement or notes ...••...•...•..•......•••••••••••••••••••••.••• 2, 748,135,333.34 Redemption or notes, series Feb. 1, 1934 ......•..•...... .. ••... . ..• 131,575. 4ij0_ 82 Expense sbipment ol gold from foreign countries to United States •• 402,512.00 Loan disbursements: To banks and trust companies (Including receivers) .. •...•••••••••..••..•........•.• $1,975, 0i2, 124. 52 To crectit unions............................ 600,095. 79 To building and Joan 8S8ociations (including receivers) •.•......•..•.•.••••.•.•••••••.•• 118, 134, 49~. 80 To insurimce companies __________ ·······--90, 69~. 209. 81 To Federal land banks ............•••...•••• I 3S7, 236, 000. 00 To Federal iuteru1ediate credit banks ••.•••• 9,242,342. 72 To !olnlrstock land banks.......•....••..•.• 22. 402, 504. 87 To ivestock credit corporations .•.•••.•••.•• 12. 971. 598. 69 To mortgage loan companies ..............•• 485, 093. 3 I 5. OR To regional a~riculturol credit corporations .• 16~. 009, 175. 27 To other aJ1;ricultural credit corporations ...•• 5. 643. 618. 22 To ra.ilroacts . ••...............••.......•.... 625, 100, 661. 06 To processors or distributors for payment of processing taxes ....•..........•........... 14,718.06 To State funds for Insurance of deposits of public monies . . ....•..............•.....•• 13, 06-1, 631. 18 To fishing industry ........•.......••..•...• 719, 67.5. 00 To buslncssenterprises .••.................• 150. 427,339.81 To mining, milling, and smelting business .• 4. 146, 700. 00 On ass~ts or closed banks .•..........•...... 45, 208. 693. 22 For self•liqnldating projects (par $347,675,700). 343, 045, 262. 61 For repair or reconstrnction or property dam• aged byearthqnake, etc.: .. Under S<'C. 201---&, act of July 21, 1932, as amended ......•...••...•••...•.•.....• 8, 528. 945. 70 Under act of Apr. 13. 1934, as amcncted: Industrial and commercial business. 891,372.75 2,582, 5i4. 47 Other .•........... _................ . For financing sale of i.gricultural surpluses 40, 224, 586. 66 In foreign markets .•.......... ·-·········· For financing tho carrying and orderly mar• keting of B!'ricnltural commodities and livestock produced in the United States: Commodity Credit Corporation ••.•... _ 767, 6<8, 91~. 95 12,170,472. 87 Other ..•.•.•...........•...•......•..... To Secretary or Agriculture (Agricultural 8, 300. 000. 00 Adjustment Act) .•......................• 84, 111. 4H. 33 To drainage . levee. and irrigation districts .• 22, 450. 000. 00 46, 500, 000. 00 t1~ii;i~~~n~~lfdniinistraiion:::: Secured by 1ireferred stock: Jmmrance companies ___________________ _ 34, 375, 000. 00 18, 148,730. 00 Banks and trust companies .•••.••...••• 5,497,778,232 34 Purchases of preferred stock, capital notes and debentures, banks anct trust com1>anies........•..................••..•••••.•••.... 1, 128, 189, 80fl. 511 100. 000. 00 Purchase of preferred stock, insurance company ......••••• _•••...• 25,000,000. 00 Pure bases or stock or The R•'c l\lortgage Co ...•.. . •.• . •...•• ••. 11. 000, 000. 00 Pur,•hase oBtock or Federal Nationa: Mortgage AssoclRtion ••• • .. Capital increases. re~ional a~ricnlturn1 creel it corporations __ _. ____ _ 26, 955. 000. 00 Purchases ol secnrities from Fecleral Emergency Administration of 592, 763, 95 I. 44 Public Works. •••.... .. ......•............ .. ...... • ••• ...•..... . Payment to Federal Emergency Administration or Public Works 2, 500, 000. 00 of premium from sale of securities..................••• ••••••••.• Withdrawal or funds by other governmental agencies: 3R, 800, 000. 00 Regional agricult.urnl credit corporations ...•. _...••••••••..•.• 23, Ill, 013. 54 The RFC Mortgage Co ..•...•.•.•••••.•..••.••••••••••••.•... 10, 5s2, o.r,a. 39 Disaster Loan Corporation .•.•....••••.•••••.•••.•••••••••...• 2, 792, 500. 00 Export•lmport BRnk or Washington •••..••••.•• • ••••••••..•.• 278, 084, 196. 21 Commodity Credit Corporation .....•..•..••...••• •• .•••••••. 34, 642, 631. 74 Federal National Mortgage As.sociation ...••••••••••••••••.••• Allocations: To Secretary of the Treasury for purchase or stock of: Federal home Joan banks ...•••......•..•• $124,741.000. oo Home Owners' Loan Corporation......... 200,000,000. f,0 To Land Dank Commissioner .. ·-············ 147. 600,000.00 To Federal Farm M ortrage Corporal-loo...... 55, 000, 000. 00 To Federal Housing Administrator........... 67,021,074.55 Bee footnote at end of tabl~. +~ 'n~~~f ------- Digitized by Goog Ie 116 REPORT OF RECONSTRUCTION FINANCE CORPORATION 16.-Statement of cash receipt8 and 1JX1JeMituru, Feb. e, 19Sf!, to Dec. 81, 1938, inclusive (Corporation's accounts with, Treasurer of United Statea)-COn. TABLB Expenditures-Continued. Allocations-Continued. To Governor of Farm Credit Admin~lon. $40, llOO, 000. 00 To Secretary of Agriculture................... 1311, 000,000.00 For subscriptions to ~apital regional ll!O"icul• tural credit corporations.................... 44,500,000. 00 For expenses, regional agricultural credit cor• porationa: Prior to May 'rl, 1933 ..•..••••.....•...••• •• 100,211.86 Since May 26, 1933 (under Farm Credit Administration) ...•.•.................• 18,0f,IIOO.ft Purchases or stock of Disaster Loan Corpora• tlon................................. .......• 12,000,000.00 Purchase of stock or Commodity Credit Cor• poration.. .••••.••..•. ......••..... .. ... ...• U7, 000, 000. 00 For expenses, Federal Emergency Reller Ad· 398,593. 4g ministration .••.••••.•••..•.••••.•..•••••.•• For relief: To States and Territories directly by the Corporation............................ m, 1184, M. 00 To States on certification or Federal Erner• j!'ency Relief Administrator............. '911, 6M, 000. 00 Under Emergency Appropriation Act, 1935 .•....................•........•....• 500,000,000.00 Under Emergency Relief Appropriation Act, 1Q35................•.....••......•• 500,000,000.00 Administrative expense, 1932 relief............ 126,871. 811 Administrative expense, regional agricultural 114,921.13 credit corporal.ions.............•...........• Interest on notes issued for funds for allocatfon to other governmental agencies and for relief. 33, 177, 419. 11:l - - - - - $2,773,448, 7«.112 Refund to Secretary of the Treasury of funds received for capital reductions of re!'ional aericultural credit corporations........... 2, llOO, 000. 00 Advances for care and preservation of collateral................... 13,477, 5211. 23 Assets acquired through foreclosure and settlements............... Ulli, 910. 01 Advances for care and preservation and expense on assets acquired through foreclosure anrl settlements......•.•••..•.............•• 1, 789, 672. 30 Expense of scrvicinr securities purchased from Federal Emergency 142,671.10 Administration of Public Works ......•.•.....•••..•.•••.••••••• Refund of interest and dividend overpayments •••.•.••••.......•• 8, 724, 115. 10 1,074, 852. 10 Release of cash collateral. •...........•.•••••.•.•.••••..•..••.•.••• 28,195.92 Interest on cash collateral to rediscounts .......•...•••.•...•.••••• Discount rehRtes and refund of unearned discount ••••.•..•••••••• ll!i3, 846. 31 Release of funds held in suspense ..•••.•••...••••••..•.•.•.•.••••• W, 289, 367. 07 Interest on notes .......................•.............•..•......••• 214, 771, 972. 20 Interest on Commodity Credit Corporation's series A collateral 322,099.82 trust fund account .........................•...........•••••.••• 536,751.19 Interest on funds held for Commodity Credit Corporation ...•...• u, 968, !\50. 83 Accrued interest on securities purchased ••.••..•.•.•...•••••.••••• Furniture and fixtures .•.•...•..•....•.••..•.•.•••••••••••••.••••• 895, -i30. 89 Expense: General. .•.•..••.•...•...•.... ··- •..••.•••.•••••••••••.•••.••• 25, O'lO. 047. 93 22, 808, 036. 98 Loan agency ...••••..............•••.•••••.•.•.••••••••••••••• 11, 876, 040. 67 Custodian ................••.....•••...•••.•••••••••••••.•.•.• 12, 287, 477. 28 Reimbursable expense .•..... ···-·· ................•..•...•..••..• Miscdlaneous (including refunds and adjustments for amounts credited in error and remittances not collected)................. 6,648, 91i6. 32 - - - - - - , $ 1 3 , 764,654,059.25 Cash bal!\Ilce at the close of business Dec. 31, 1938.••••.•..••.•.•.•••.•.•.•••.•••.•.••••• 2, 542,8'3. :l!I 'fincludes $19a,618,000 representing refinancing or loans previously made by the Corporation to Federal land banks for different individual amounts but in the same aggregate amount. Non.-In addition to funds on deposit with the Treasurer of the United States, custo:lfan bants and trustees held in suspense runds which amounted to $534,414.61 at the close or business Dec. 31, 1938. TABLE 17.-Statement of condition aa of the close of business, Dec. 81, 19~8 ASSETS Cash: General account ........•.......•..•.......•...•..••.•••.•.•..••••.• Ex~nse accou~t ______________________ ------------------------·-·--.. He d by custodian banks and trustees .•••...........•...........•.• Petty and other ......•.............••...........•...•.....•.•.•.••. $2,372, 185. 12 170,658.17 1134, 414. 61 21,185.00 $3, 1118, 442. g() United States Government securities (par) .••.••..•...•...••.•.•.•••••.•.•••..••••••••.• 48, 020, 200. 00 Loans 1 ••••••••••...•...••••••••.••••.•.•.•••••••••••••••••••••••••••••••••••••••••••••• 1, 196, 774, 8&. 37 Preferred stock, capital notes, and debentures: Banks and trust companies .........•...•....••...•..•..•.•..•.••••• Sli81, 41111, 554. 33 Insurance company................................................. 100,000.00 Insta!lment sales contracts ...•............••.. ··········-··········· 134,866.61 See footnete at end of table. Digitized by Google REPORT OF RECONSTRUCTION FINANCE CORPORATION r ABLE 117 17.-Statement of condition aa of the close of buainesa, Dec. !Jl, 1938-Con. :}apt ta! stock: The RFC Mortgage Co............................................. $25,000,000.00 Federal National Mortgage Association............................. 11,000,000.00 ~ecurltlee purohased from Federal Emergency Administration of Public Works ............................................................................... . Notes and accounts receivahle ......................................................... . A.dvances for care and preservation of collateml. .•...•......•.•.•..••.•••••••••••••••••• Propectyacqui'l'ed in forec106ll11'S and settlements (original cost, advan• ces fer care and preservation and expense)........................... $30,006, V87. 7'T Less pr~s ofliquldation andiucome............................ 8, 3g1, 2M. 36 Accrued interest and dividends recelveble ••••••••••••.•.•••.••••••••••••••.•••••••••••• Reimbursable expense •....................•.•••••••.•••.•••••••••••••.•.••••••••••••••• Furniture and fixtures (less depreciation) •••••••••••.••.••••••••••••••••..•••••••••.•••• Other.•............................................... ••·••••··•························ $3&, 000, 000. 00 140, 1114. 037. 08 375. 105. 78 1,070,376.03 21,615,733.42 28,0511,snsg 1,431.175. 70 411-1. 111!1.M G:l6,801.87 Total............................................................................. 2,059,582. 7-69. 63 ~~~Ms;~~~~~~: LIABILIT= 1ir1ct~nd Q) •.•••••••••.••••••.•••••••.••••••••••••••••••••••••••••••• CI\Sh collateral...................................................... For other ;:overnmental agencies.................................... $838,460.M 81, 103, 706. ~ Receipts not aJloeated pending advices from fiscal agents •.••••••••••••.••••••••••••••••• Other liabilities (including suspended credits) ..........•••••••.•.•..•••...••••••••••••• Interest paid in advance ""1d unearned disco1111t. .•.••••.•••••••••••.•••.••••••••••••••• Interest and lividend refunds payable .•.•.•••.•.•.•.•.•.•.•••••.•••••••••••••.••••••••• Accrued interest payable .•.••..•.•••.•••.•••...•••.•.•.•.•.•••.•••.•••••.•..•••••••••••• Deferred credits. __ .·-.-· __ .••• ·-·-· ••.• ·-·- .•.•. ·- •.• ·-· •.•. ·-··-·-·-·_·-·-·-·-.·--·--· Ca pi ta! stock __ .•...• ·--·.·---- •••• ·--·-_ .••• _.·-···-.·-.-··--·- __ • ___ ··- ..• ·- ...• ·-·- .• Surplus ................... ·-··-·----·-···--··-·---······--·····-·-----·· $216,004,174.29 Reserve for self•insurance. ·----·· ··---·--·-···---·-··-·-·. ··-·--··-· 200,000.00 1, 283, 776, OM. 17 31, 742, lM. 'IV 6,861,423. 23 14, 666. 587. 10 47,901.89 8.660113 4,882, 895. 12 23,503.897. 91 11()(), 000, 000. 00 216,204,174.29 Total····························-···-·-·········-···········-·-················-· 2,059,682. 759. 63 IIBKORANDUII Undlshursed authorizations and conditional agreements to make loans, purchase pre• ferred stock,capital notes, and dehentures,etc. (including $1,545,297.82,agreed particl• pat ion by third parties).····························•·······························-· Undlsbursed aJlocations to other governmental agencies (including advances under 1003 relief act) '·····-········ ................................................ ······-···---• Undlsbursed authorizations for advances for care and preservation ofcoJlateraJ.. __ ····-· $8(6,488, 4.511. M 40, %l2, 886. 86 492,764.21 Total._._·-···-·-····-.·-·-·- ••••••••••••• ··-····-·· .•••.•.••••••• ···------····· 887,204, 107. 41 Loons under sec. 5 of the Reconstruction Finance Corporation Act, as amended, to aid in the reorganiza• tion or liriuidation ol closed institutions, have been disbursed in the a~grcgate amount of $941,182,648.61. After ~aking into consideration repayments and other reductions of $878,427,992.20 item. (1) of the.balance sheet mcludes the balance ol $62,7-'>4,656.41. • Under the provi 'ions of sec. 3 (a) ol an act approved June 16, 1934 (Public, No. 362, 73d Cong.)the Corpporatlon is required to purchase debentures or other ohliirations ol the Federal Deposit Insurance Corpora• tion, upon its request, up to but not exceeding $250,000,000. Tbo Corporation has not been called upon to purchnse any such obligations. Under the provisions of sec. 4 of the National Housing Act the Corporation has disbursed $67,021,074.56 and is further authorized and directed to make available such funds as the Federal Housing Administrator may deem necessary. Under the provisions of Public, No. 5 or the Seventy.fifth Congress, approved Feb. 11, 1937, the Cor• poration is required to purchase nonassessablc capital stock of the Disaster Loan Corporation, upon its request, up to but not exceeding $20,000,000. 'rho Corporation bas purchased such stock to the extent of $12,000,000. Under the provisions of sec. 201 (e) ol the Emergency Relief and Construction Act of 1932, and sec. 33 (b) of the Farm Credit Act of 1937, tbe Corporation is required to pay all expenses incurred by the regional agricultural crerlit corporations. The Corporation has allocated $17,434,69\l.77 for such expenses. Of this amount $16,712,802.69 has hean disbursed and $721,897.08 remains available for disbursement for expenses incurred up to June 30, 1939. Pursuant to sec. 84 of the Farm Credit Act of 1933, as amended, S:19,500,000 is held in a revolving fund of which $37,000.000 is held by the Corporation and the balance ol $2,500,000 by the U.S. Treasury. Under the provisions of an act approved Feb. 24, 1938 (Public, No. 432, 75th Cong.) the Secretary of the Treasury has canceled the Corporation's notes in the amount of$2,699,203,945.83. This sum is equiva• lent to the amounts disbursed by the Corporation as allocations to other governmental agencies and for relief, by direction of Congress, administrative expense in connection therewith, and the interest paid on funds borrowed for these purposes. AU evidences of indebtednes.s with respect to such advances have been delivered to the Secretary of the Treasury. I ' ' This statament of condition does not take into consideration expenditures incurred but not paid by the C'orporation at the close of business Dec. 31, 1938. 0 Digitized by Google