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'
17TH
CONGRESS } HOUSE OF REPRESENTATIVES { DOCUMENT
1st Session
No. 203
R.EPORT OF THE RECONSTRUCTION FINANCE CORPORATION, FOURTH QUARTER, 1940
~ETTER FROM THE CHAIRMAN, RECONSTRUCTION FINANCE
CORPORATION TRANSMITTING A REPORT COVERING THE
OPERATIONS OF THE RECONSTRUCTION FINANCE CORPORATION
FOR THE FOURTH QUARTER OF 1940 AND FOR THE PERIOD FROM
THE ORGANIZATJON OF THE CORPORATION ON FEBRUARY 2,
1932, TO DECEMBER 31, 1940, INCLUSIVE
~AY
2, 1941.-Referred to the Committee on Banking and Currency and ordered
to be printed
RECONSTRUCTION FINANCE CORPORATION,
Washington, May 1, 1941.
rHE SPEAKER OF THE HousE OF REPRESENTATIVES.
SIR: Pursuant to the provisions of section 15 of the Reconstruction
finance Corporation Act, as amended, the Reconstruction Finance
Jorporation has the honor to submit the following report covering
is operations for the fourth quarter of 1940, and for the period from
,he organization of the Corporation on February 2, 1932, to December
n, 1940, inclusive.
OPERATIONS-FOURTH QUARTER OF
1940
During the fourth quarter of 1940, the operations of the Corporation
vere as follows:
Banks and trust companies.-Authorizations were made as follows:
Q"ine loans to aid in the reorganization or liquidation of closed banks,
vhich, together with increases in loans previously approved, aggre:ated $41,406,315.03; seven subscriptions for preferred stock of banks,
~gregating $1,138,000; and two purchases of debentures of a bank
~d trust company, aggregating $40,000.
Export-Import Bank.-One loan was authorized in the amount of
r25,ooo,ooo.
Building and loan associations.-Ten loans were authorized, aggre~ating $2,017,395.70.
M ·ortgage loan cornpanies.-Three loans were authorized, which,
ogether with an increase in a loan previously approved, aggregated
►10,
282, 057 .15.
Railroads.-Four authorizations were made, aggregating $19,036,000
including $11,016,000 to purchase equipment trust certificates of a
314975--41-1
2
REPORT OF RECONSTRUCTION FINANCE CORPORATION
railroad, and $1,120,000 to purchase equipment trust certificates of
railroad and of its receivers).
National defense.-Fift.y-four authorizations were made under tb
act approved June 25, 1940, an1ending section 5d of the Reconstruc
tion Finance Corporation Act, which, together with an increase in
loan previously approved, aggregated $411,866,158.55; and 35 author
zations were made to business enterprises to aid in national defens1
under section 5d of the Reconstruction Finance Corporation Act, ~
amended, aggregatjng $984,240.38.
Business enterprises (except in connection with national defense).Ninety-eight authorizations were made, which, together with increas(
in authorizations previously made, aggregated $4,506,232.41.
Se(f-liquidating projects, etc.-Sixteen loans were authorized, whicl
together with increases in loans previously approved, aggregate
$3,941,400.
Mining, milling, or smeltring of ores.-Four loans were authorize<
aggregating $1,189,390.60.
,
Drainage, le1:ee, irrigation, and similar districts.-Sixteen loans we1
authorized, aggregating $1,030,918.72.
Surnn1arizing the foregojng, 259 authorizations were made during tb
fourth quarter of 1940. These, together with increases in authorizt
tions previously made, aggregated $522,438,108.54. Cancela.tions c
withdrawals of authorizations n1ade during the fourth quarter an
previously, aggregated $9,486,406.26.
Disburscn1ents during the fourth quarter of 1940 were $146,957
970.57; and repayn1ents and other reductions, $55,920,647.71. Tb
increase in the amount outstanding on December 31, 1940, as corr
pared with Septernber 30, 1940, was $91,037,322.86.
OPERA'l'IONS-FEBRUARY 2,
1932,
TO
DECEMBER
31,
1940,
INCLUSIV
During the entire period from the organization of the Corporatio
on February 2, 1932, to Decernber 31, 1940, inclusive, the operation
of the Corporation were as follows:
Banks and trust compan1~es.-Fifteeu thousand, eight hundred an
forty loans were authorized to 7,580 banks and trust corr1pa.nief
aggregating $2,723,411,877.01 (including $1,388,624,715.93 to aid i
the reorganization of closed banks); and 8,703 loans on and subscri1
tions for preferred stock, and purchases of capital notes or debenturei
aggregating $1,342,090,189, were authorized.
Export-Import Banks.-One loan and five subscriptions for pr(
£erred stock, aggregating $126,500,000, were authorized.
Building and loan associations .-One thousand three hundred an
thirty-nine loans were authorized to 1,097 building and loan associ2
tions, aggregating $164,700,533.45 (including $25,306,796.19 to r€
ceivers of closed building and loan associations).
Insurance companies.-Two hundred and nine loans were authorize
to 133 insurance companies, aggregating $104,439,750.19; and 1
loans on, and a subscription for, preferred stock, aggregating $34,475:
000, were authorized.
Mortgage loan companies.-Three hundred and eighty-one loans we~
authorized to 232 mortgage loan companies (excludes loans throug.
mortgage loan companies to aid closed banks, and to business enter
prises), aggregating $644,154,275.19; and 5 subscriptions for stock
aggregating $37,250,000, were authorized.
1
REPORT OF RECONSTHUCTION FINANCE CORPORATION
3
Agricultural financing institutions, etc.-Authorizations were made
as follows: 70 loans to 27 joint-stock land banks, aggregating $31,393,359.13; 250 loans to 20 agricultural credit corporations, aggregating
$6,120,867.59; 153 loans to 19 livestock credit corporations, aggregating $14,111,327.88; 187 loans to 106 applicants to aid in financing the
carrying and orderly marketing of agricultural com1nodities and livestock, produced in the United States, aggregating $1,690,774,178.07
(including authorizations of $1,604,712,664.99 to the Commodity
Credit Corporation); 57 loans to 12 Federal land banks, aggregating
$399;636,000 (including $193,618,000 representing refinancing of
loans previously made by the Corporation to Federal land banks for
different individual amounts, but in the same aggregate amount);
8 loans to 8 Federal intermediate credit banks, aggregating $9,250,000;
1,343 loans to 12 regional agricultural credit corporations and their
branches, aggregating $178,840,452.48 (rediscounts); 2 loans to the
Secretary of Agriculture to acquire cotton, aggregating $23,500,000
of which $20,200,000 was canceled; and 10 authorizations to 6 applicants for financing sales in foreign markets of agricultural surpluses,
aggregating $98,445,245.68.
Railroads.-Two hundred and seventeen authorizations to 86 railroads were made, aggregating $911,604,716.95 [including $17,032,173.95 to trustees of railroads; $18,946,708 to railroad receivers;
$144,032,900 to purchase obligations of railroads (consisting of $60,055,000 equipment-trust certificates of railroads, $33,303,000 equipment trust certificates of railroads and of their receivers or trustees,
$7,000,000 collateral trust certificates of a railroad and of its trustees,
and $43,674,900 of other obligations of railroads); and $5,350,000
representing guaranty of notes of railroads].
National defense.-Ninety-five authorizations were made under the
act approved June 25, 1940, amending section 5d of the Reconstruction Finance Corporation Act, to 42 corporations (including 4 corporations created by the Reconstruction Finance Corporation), aggregating
$678,421,608.55, and 107 authorizations were made to 88 business
enterprises to aid in national defense, under section 5d of the Reconstruction Finance Corporation Act, as amended, aggregating $2, 156,556.63.
Business enterprises (except in connection with national defense) . Nine thousand five hundred and twenty-eight authorizations were
made to 7,917 business enterprises, aggregating $446,595,608.78.
Self-liquidating projects, etc.-One hundred and ninety-two loans or
contracts were authorized to 176 applicants for self-liquidating projects, under section 201 (a), title II, of the Emergency Relief and Construction Act of 1932, as amended, aggregating $399,456,884.42; and
187 loans to 162 public agencies to aid in financing projects authorized
under Federal, State, or municipal law· were authorized, under section
5d of the Reconstruction Finance Corporation Act, as amended,
aggregating $214,634,316.57.
Mining, mi.lling, or smelting of ores.-One hundred and sixty-eight
loans were authorized to 136 borrowers engaged in the mining, milling,
or smelting of ores, aggregating $16,575,600.
Drainage, levee, irrigation, and similar districts.-One thousand two
hundred and three loans to 654 drainage, levee, irrigation, and similar
districts were authorized, aggregating $140,861,808.39.
Repair of damage by earthq1.1ake, flood, etc.-Thirteen loans to 6
applicants for financing repair of damage by earthquake, fire, tornado,
4
REPORT OF RECONSTRUCTION ~.,!NANCE CORPORATION
or cyclone in 1933, were authorized, aggregating $10,450,232.20; and
705 loans to 667 applicants to finance repair of damage by earthquake
flood, or other catastrophe in 1933, 1934, 1935, and 1936 were authorized, aggregating $5,734,288.75.
All other.-Authorizations were made as follows: 10 loans to '4
credit unions, aggregating $642,967.80; 7 loans to 7 processors, 01
distributors subject to processing taxes, aggregating $26,089.27; ~
loans to a State fund for securing repayment of deposits of public
moneys, aggregating $13,087,715.88; 33 loans to refinance publicschool district obligations of 31 school districts, aggregating $2,797,050
1 loan to a public-school authority for payment of teachers' salaries
in the amount of $22,500,000; and 442 authorizations to 42 Statef
and 2 Territories for the purpose of providing funds for relief and
work relief, aggregating $300,000,000.
Summarizing the foregoing, authorizations aggregating $10,794,
638,499.86 were made during the period from February 2, 1932, tc
December 31, 1940, inclusive. Of this amount, $2,224,447,515.1,
was later withdrawn or canceled and $7,669,360,586.25 was disbursed.
Repayments and other reductions amounted to $5,956,721,687.01
of which $282,825,766.70 represents cancelation of the Corporation'~
notes, pursuant to the provisions of the act approved February 24
1938, equivalent to the balance of the amounts disbursed for reliej
and work relief under title I of the Emergency Relief and Construction Act of 1932, as amended. This left $1,712,638,899.24 outstanding on the books of the Corporation at the close of December 31
1940.
In addition, the Corporation had outstanding on December 31
1940, agreements to make authorizations, totaling $539,279,019.17
upon the perfonnance of specified conditions, as shown in table 1
part IV.
SECURITIES PURCHASED FROM PUBLIC WORKS ADMINISTRATION,
FEDERAL WORKS AGENCY
Under the Emergency Appropriation Act, fiscal year 1935, approve<:
June 19, 1934, and the Public Works Administration Extension Ac1
of 1937, approved June 29, 1937, the Corporation during the fourtl
quarter of 1940, agreed to purchase $76,953,150 net face amount 01
marketable securities from the Public Works Administration, Federal
Works Agency (formerly Federal Emergency Administration oJ
Public Works).
From June 19, 1934, to December 31, 1940, inclusive, securitieE
having a par value of $677,237,498.90 were purchased from the Administration. Of this amount, securities having a par value of $505,992,
620.72 were sold at a premium of $14,092,583.55 (including securitie~
having a par value of $70,181,274.30 sold to issuers prior to maturit~
at a premium of $376,668.14). Securities having a par value oj
$139,415,962.20 were held at the close of business December 31, 1940
In addition, the Corporation had agreed to purchase, to be held and
collected or sold at a later date, such part of securities having au
aggregate par value of $81,189,150 as the Administration is in a position to deliver from time to time.
REPORT Oli"' RECONSTRUCTION FINANC.lli CORPORATION
5
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 1940,
paid $1,000,000 to the Federal Housing Administrator. This made a
total of $83,186,380.80 so paid through December 31, 1940.
LOANS BY DIRECTION OF CONGRESS TO THE SECRETARY OF AGRICULTURE
Under the Department of Agriculture Appropriation Act, 1941, the
Corporation, during the fourth quarter of 1940, disbursed $3,000,000
to the Secretary of Agriculture to enable him to carry into effect the
provisions of title I of the Bankhead-Jones Farm Tenant Act, approved
July 22, 1937.
Under the Emergency Relief Appropriation Act, fiscal year 1941,
the Corporation, during the fourth quarter of 1940, disbursed $15,000,000 to the Secretary of Agriculture for the purpose of making rural
rehabilitation loans to needy farmers. This made a total of $25,000,000 so disbursed through December 31, 1940.
NOTES OF THE RECONSTRUCTION FINANCE CORPORATION
During the fourth quarter of 1940, the Corporation:
Sold $200,000 series P notes; $25,000,000 series Q-2 notes.
Pursuant to the provisions of the act approved February 24, 1938,
the Secretary of the Treasury canceled the Corporation's series Q-2
notes to the extent of $2,195,750, for disbursements for allocations to
other governmental agencies.
As of December 31, 1940, there were outstanding $1,119,561,250 of
the Corporation's notes, as follows:
Series
Series
Series
Series
Series
N _________________________________________________ _
$211,460,000
299,339,000
Q-2 _______________________________________________ _
22,804,250
R _________________________________________________ _
310,090,000
s_________________________________________________ _ 275,868,000
p _________________________________________________ _
TotaL _____________________________________________ 1,119,561,250
TABLES
The following tables are attached:
Table 1. Aggregate loan and other authorizations, purchases of securities from
Public "\Vorks Administratiou, and allocations and loans to other governmental
8gencies by direction of Congress, by ch sses, fro1n February 2, 1932, to December 31, 1940, inclusive, and commitments outstanding, by classes, as of
December 31, 1940.
·
Table 2. Aggregate loan and other authorizations, by classes, during the fourth
quarter of 1940.
Table 3. Number of authorizations, and number of new borrowers, etc., to which
authorizations were made, by States, during the fourth quarter of 1940.
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, 1940,
inclusive, by States.
Table 5. Aggregate loan and other authorizations, by acts of Congress, from
February 2, 1932, to December 31, 1940, inclusive.
Table 6. Total loan and other authorizations from February 2, 1932, to December 31, 1940, inclusive, by months.
6
REPORT OF RECONSTRUCTION FINANCE CORPORATION
Table 7. Loans to aid in the reorganization or liquidation of closed banks and
trust companies from February 2, 1932, to December 31, 1940, inclusive, by
States.
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, 1940, inclusive; and outstanding as of December 31,
1940 (under sec. 304, title III, of the act approved March 9, 1933, as amended).
Table 9. Loans authorized to business enterprises, from February 2, 1932, to
December 31, 1940, inclusive, by size of loans. (Does not include loans to business enterprises in connection '"·ith national defense.)
Table 10. Number of business enterprises to which authorizations were made;
and amounts authorized and disbursed by the Reconstruction Finance Corporation, fro1n February 2, 1932, to December 31, 1940, inclusive, by industries. (Does not include loans to business enterprises in connection with national
defense.)
Table 11. Total a1nount authorized and disbursed to business enterprises by
Reconstruction Finance Corporation and participating banks, etc., from
February 2, 1932, to December 31, 1940, inclusive, by States. (Does not
include loans to business enterprises in connection with national defense.)
Table 12. Part !.-Loans on self-liquidating projects by types of project (under
sec. 201 (a), title II, of the En1ergency Relief and Construction Act of 1932,
as amended) fro1n July 21, 1932, to Dece1nber 31, 1940, inclusive.
Part I I .-Loans to public agencies to aid in financing projects authorized
under Federal, State, or 1nunicipal law by types of project (under sec.
5d of the Reconstruction Finance Corporation Act, as amended) from
April 13, 1938, to December 31, 1940, inclusive.
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, 1940.
Table 14. State1nent of cash receipts and expenditures January 1, 1940, to
December 31, 1940, inclusive. (Corporation's accounts with Treasurer of
United States.)
Table 15. Statement of condition as of the close of business December 31, 1940.
Respectfully.
Chairman.
R. CooKSEY, Secretary.
EMIL ScHRAM,
GEORGE
1.-Aggregaie loan and other authorizations, purchases of securities from Public Works Administration, and allocations and loans to
other governmental agencies by direction of Congress, by classes, from Feb. 2, 1932, to Dec. 31, 1940, inclusive, and commitments outstanding,
by classes, as of Dec. 31, 1940
TABLE
PART I. LOAN AND OTHER AUTHORIZATIONS
~
l?=.l
BANKS AND TRUST COMPANIES 2
"'O
Authorizations
Withdrawals or
cancela tions
Disbursements
Repayments and
other reductions 1
Outstanding as of
Dec. 31, 1940
$1,173, 365,485.96
122,299,023.96
400,000.00
$283,130,188.37
18,982,262.63
78,357.12
$880,493,659. 17
- 103, 316, 761. 33
321 ,642.88
92,560,206.01
34,916,940.12
48,058,798.63
44,717,450.3 1
3,341,348.32
Total, to aid in the reorganization or liquidation of closed banks _____
Loans to open banks 2 __ _ ____ ______________ ___ ___ ___ _____________________ _____
Loans on preferred stock __ ____ __ ___________________________ ____ _____ ____ __ ___
Subscriptions for preferred stock _____ ________________ _____ ______________ ____ _
Purchases of capital notes or debentures ________ ___________ ___ _______ __ ______
1,388,624,715.93
1, 334, 787,161.08
53,098,525.76
M855,091,313.24
433,900,350.00
337,107,748.24
196,553,541.81
7,649,225.00
75,649,257.44
90,549,500. 00
1, 032, 190, 862. 01
1,138,233,619.27
45,449,300.76
55 777,925,055.80
343,310,850.00
964,909,120.65
1,075,668,017.61
15, 017, 791. 93
5~ 421, 716,933.30
247,239,232.23
67,281,741.36
62, ,565, 601. 66
30,431,508.83
5~356,208, 122.50
96, 071, 617. 77
654,065,502,066.01
707,509,272. 49
653,337,109,687.84
552,724,551,095.72
2 ______________________________
~
1-3
0
Loans to aid in the reorganization or liquidation of closed banks:
To receivers, liquidating agents, and conservators _____ ___ ___________ _____
Through mortgage loan companies ____ ___ __ __ _______________ ___ ___ _______
Through a livestock credit corporation __ ____ ___ __________________________
On assets of closed banks, under sec. 5e of the Reconstruction Finance
Corporation Act, as amended _____________________________ ____ ___ ___ __
Grand total, banks and trust companies
0
$828,031,630.07
$52,462,029.10
91,838,397.39
11,478,363. 94
321,642.88 -- ------ -- -- --------
-
65 612,
558, 592. 12
~
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0
0
z
w
1-3
l:O
d
0
1-3
1-1
0
z
EXPORT-IMPORT BANKS
~
1-1
L oan to Export-Import Bank of Washington __ ______ __ ___ __ ___ ______________
L1bscriptions for preferred stock ofExport-Import Bank of Washington ________ ___ __ ____ _______ __ ______ ___ __
Second Export-Import Bank of Washington, D. C ____________________ ___
Total, Export-Import Banks _____ ________ ____________ ___ _______ ___ ___ __
$25,000,000.00 ---------- ---- --- --99,000,000.00 ------ ------ -- -----2,500,000.00 --------- - -- --- - -- -126,500,000.00
--------------------
$25,000,000.00
--------------------
$25,000,000.0 0
z
z>
74,000,000.00 -------------- -----74,000,000. 00
2,500,000.00
$2,500,000.00 ---- -- -- -- ---- -----
0
99, 000, 000. QIo
0
101,500,000.00
2,500,000.00
•
t;j
0
~
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0
BUILDING AND LOAN ASSOCIATIONS
l:O
Loans:
Receivers and liquidating agents ___ ___ _____ ____ _______ ________________ ___
Other ______ __ _____________ __ _________ ____ _______ _____ ___ ___ _____ __ ______ _
$25,306,796.19
139,393,737.26
$22, 352, 231. 92
12,841,164.23
$2,954,564.27
119,702,677.33
$2,633,155.18
115,755,907.78
$321,409.09
3,946,769. 55
Total, building and loan associations ________ ____________ ___ __ ___ ______ _
164,700,533.45
35,193,396.15
122, 657, 241. 60
118,389,062.96
4,268,178.64
>
1-3
1-1
0
z
See footnotes at end of report.
--:i
1.-Aggregate loan and other authorizations, purchases of securities from Publ-ic lVorks Administration, and allocations and loans to
other governmental agencies by direct".: on of Congress, by classes, from Feb. 2, 1932, to D ec. 31, 1940, inclusive, and commi"iments outstanding,
by classes, as of Dec. 31, 1940-Continued
TABLE
00
~
PART I. LOAN AND OTHER AUTHORIZATIONS-Continued
~
~
INSURANCE COMPANIES
0
Authorizations
L oans, direct _____ ____ __ __ __ _____ _____ ___ __ __ ______ ________ _____ ______ __ _____
L oans on preferred stock _____________________________________________________
s 1 bscription for preferred stock ____________________________ ________ _____ ___ __
Withdrawals or
cancelations
$104,439,750.19
$13,746,540.38
34,375,000.00 --- - - -- ------ -- - - -- 100,000.00 ---- --------- - ----- -
Total, insurance companies ____ _______ ___ ___ _____ __ _______ __ _____ ____ __
138, 914, 750. 19
13,746,540.38
Disbursements
Repayments and
other reductions 1
Outstanding as of
Dec. 31, 1940
•
$90,693, 209. Sl
$88,695, 180.69
34, 375,000. 00
11, 859, 881. 37
100, 000.00 - ------ - - -- - --- ---- -
$1,998,029.12
22, 515, 118. 63
100,000.00
125,168, 209.81
24,613,147.75
100,555,062.06
~
~
~
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~
d
L oans, direct ____ __ _____ ___ ___ __ ____ ______ ____ __________ ___ ______ ___ __ _______
oans to The RFC Mortgage Company _____ __ ______ __ __ ____ _____ ___________
L oans to Federal National Mortl!age Association ________________ __ _________ _
s 11bscription for stock of The RFC Mortgage Company __ ____ ___ ____ _____ ___
s 1bscription for stock of the Federal National Mortgage Association ___ __ __ __
s Ll bscription for stock of other mortgage loan companies _________ __ _______ ___
$356, 823, 221. 05
153, 368, 261. 03
133,962, 793.11
25,000,000.00
11,000, 000. 00
1,250,000. 00
Total, mortgage loan companies a______________ __ ___ __ _____ _______ ___ __
681,404,275.19
$104,034,045.43
--- - -------- - -------
---- ---- -- ----- --- --
--- - - ------ -- ------ -
---- - -- - ----- - - ---- 1,250,000.00
105,284,045. 43
$213,558,726.02
$245, 609, 341. 52
$32,050,615.50
146,125,669. 60
42,110,298.82
104, 015,370.78
118. 214, 0~4. 12
38,834,237.65
79,379,796.47
25, 000,000.00 --- ------------ ----25,000,000.00
11,000,000.00 -- - -- --- --- --- ---- -11,000,000.00
- - -- --- -- - - -- --- ---- -- -- - ---- - -- - ----- -- ------ - --- -- --- - -- -545,949,045. 24
189,540,710.79
356,408,334.45
AGRICULTURAL FINANCING INSTITUTIONS, ETC.
Total, agricultural financing institutions, etc __________________________ _
0
w
r-3
MORTGAGE LOAN COMPANIES 3
Leans to Federal land banks _________________________________________________
Loans to Federal intermediate credit banks __ ___ _________________ __ __________
Loans to regional agricultural credit corporations _____________________________
Loans to Commodity Credit Corporation __________________________ _________ _
Loans to Secretary of Agriculture to acquire cotton ___ __ ____ ______ ____ ______ _
Loans to joint-stock land banks .. ___ ___ ____ __ ______ ____ ___ ___ _____ _____ ______ _
Loans to agricultural credit corporations ____ _________ __ __________ ___ _____ __ __
Loans to livestock credit corporations ___ ___ ___ ________ __ __ ____ ________ ___ __ __
Authorizations for financing exports of agricultural surpluses . ____________ ____
Loans for financing agricultural commodities and livestock ___ ____ ___ _____ ____
~
r-3
• $387, 236, 000. 00
9,250,000.00
173,243, 640.72
767,716,962.21
3,300, 000.00
24,666,880.20
5,643,618.22
12,649,955.81
47,298,877. 12
19, 644, 491. 78
4
2,452,071,430.83
1,450,650,426.06
1,446,851,462.93
996,371,004.77
H
0
z
tt_j
H
z
za>
~
$399, 636, 000. 00
$12,400,000.00
9,250,000. 00 ------------- - -- --- 178,840,452. 48
5, 596, 811. 76
1,604,712,664.99
836,995, 702.78
23,500,000.00
20,200, 000. 00
31,393,359.13
6,726,478.93
6,120,867.59
477,249. 37
14, 111, 327. 88
1,461,372.07
s 98, 445, 245. 68
46,146, 368.56
86,061,513.08
66, 367, 021. 30
4
~
$387,236,000.00 --- ---- ------------9,250,000. 00 ---- ---------------173,243,640. 72 ------ ------- ----- -767,716,962.21 ---- --- ------------3,300,000. 00 -- --- -- - -------- - --$3,265,327.75
21,401,5.12.45
43,664. 39
5, 599,953.83
12,649,955.81 ---- --- - ----- - - ----47, 251, 981. 13
46,895.99
19,201,416.78
443, 0i5.00
I
3,798,963.13
a
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~
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0
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~
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RAILROADS
C¢
...,.
~
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~
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Authorizations:
Receivers and trustees __ ________ ______ ______________ .. _____ __ ______ - - - - - _Other _____ _____ __________ __________ __ _______ __ ___________________________
$76, 281, 881. 95
835,322,835.00
Total, railroads _____ ______________________ ____ __ ________ __________ - ____
6 911,
I
604, 716. 95
$1, 010, 991. 00
106,463,764.89
$75,270,890.95
711,333,914.21
$33,778,600.66
278,945,052. 58
$41, 492, 281. 29
432, 388, 861. 63
~
107,474,755.89
786,604,805. 16
312,723,662.24
473, 881, 142. 92
"'O
0
~
I
~
~
~
BUSINESS ENTERPRISES (EXCEPT TO AID IN NATIONAL DEFENSE)
Loans _____ ___________ _____ ________ ____ ___ ___ ____ ___ _____________ _____ ____ ____
Purchases of participations ___ . ______ ______ ______ _____ _____________ __ __ __ ___ __
Agreements to purchase participations _____ ___ ____ ___ _________ _______ ______ ._
Loans through mortgage loan companies and banks ____ _____ _______ __________
Loans to fishin g industry under sec. 5 of the Reconstruction Finance Corporation Act, as amended ______ ___ _____ __ ______________________________ ___ ____ _
Total, business enterprises (except to aid in national defense) __ ___ _____
7
8
0
$326, 311, 192. 79
s 25, 849, 623. 02
o 7i, 035, 317. 97
16,589,775.00
$88,620,390.26
9,500,799.05
41, 845, 117. 90
10,773,278.50
$212,489,356.50
16,088,784.18
4,416,958.93
5,816,496. 50
$100,613,638. 70
9,825,864.27
1,425,957. 36
5,717,382.14
$111,875,717.80
6,262,919.91
2, 991, 001. 57
99,114.36
809,700. 00
90,025. 00
719,675.00
680,187.15
39,487.85
446,595,608. 78
150,829,610.71
239, 531, 271. 11
118,263,029.62
121, 268, 241. 49
10
Total, n ational defense under the act approved June 25, 1940 ____ ___ __ .. _
678,421, 608.55
Authorizations to business enterprises to aid in national defense under sec. 5d
of the Reconstruction Finance Corporation Act, as amended:
Loans ___ __ _______ ____ ___ _____ ___ _______ _____ __________ ________ __ ___ _____
Agreements to purchase participations _____ ___ ____ __________ __ ___ .____ ____
z
U).
1-3
H
$38, 471, 712. 31
235,686.08
$297,073.89
23,723.45
$38,174,638. 42
211,962.63
-------- --- --------- --- ------- ------- --- ---- ------------ --- 13,000,000.00 -------------------13,000,000.00
-- - ----------------430,556. 86
51,707,398.39
z
~
H
51, 386, 601. 05
z
z0>
422,868.84
8
---------- -------- -- --- ------ --- --- -----
1-!j
320,797.34
trj
12
1'otal, business enterprises to aid in national defense ________ ___________
Grand total, national defense __________________________________________
0
0
$662,674,415.55
$275,438.92
378,000.00 - ------------ - -----2,369,193.00
155,117.94
13,000,000.00
a
~
.
11
~
~
~
cj
NATIONAL DEFENSE
Authorizations for national defense under the act approved June 25, 1940
(amending
5d of the
econstruction
Finance
Corporation
Act): ________
Loans ___ sec.
__________
____R_______
_______ _______
______
_______ ________
Purchases of participations ____ __ __________ ____ __________________________
Agreements to purchase participations _____ ______________________________
Purchases of capital stock of corporations created by the Reconstruction
Finance Corporation to aid in national defense ___ ______ ______ ____ ______
~
13
1, 372, 311. 90
784,244.73
199,040. 00
462,596.40
143,163.85 ---- - -- --- --------- -
39,727.56
2,156,556.63
342,203. 85
462,596.40
39,727.56
422,868.84
680, 578, 165. 18
772,760.71
52,169,994.79
360,524.90
51,809,469.89
~
0
~
>
~
H
See footnotes at end of report.
0
z
c.o
1.- Aggregate loan and other authorizations, purchases of securities from Public Works Administration, and allocations and loans to
other governmental agendes by direction of Congress, by classes, from Feb. 2, 1932, to Dec. 31, 1940, inclusive, and commitments outstanding,
by classes, as of Dec. 31, 1940-Continued
TABLE
~
PART I. LOAN AND OTHER AUTHORIZATIONS-Continued
trJ
t--o
0
MINING, MILLING, OR SMELTING OF ORES
Withdrawals or
cancelations
Authorizations
Loans, total _________________________ ____ ___ ___ ____ __________________________
t-L
0
Repayments and
other reductions 1
Disbursements
Outstanding as of
Dec. 31, 1940
~
H
0
b:j
$16,575,600.00
$8, 479,800. 00
$11.490,409.40
$2,713,696. 95
$3, 776, 712. 45
~
trJ
0
0
SELF-LIQUIDATING PROJECTS, ETC.
Loans on self-liquidating project<; under sec. 201 (a) of the Emergency Relief
and Construction Act of 1932, as amended_ - ----- - --- - ---------- - ---------Loans to public agencies for construction, etc., under sec. 5d of the Reconstruction Finance Corporation Act, as amended _______ _____________________
Total, self-liquidating projects, etc _____________________________________
z
U1
$399,456,884.42
$339, 781, fi41. 28
$31,524,243.14
$320,442,395.65
$19,339,245.6 3
214,634,316. 57
15,161,900. 00
122,~64,816.57
98,841,466.57
23,523,350.0 0
614,091, 200. 99-
46,686, 143. 14
462,146,457.85
419,283,862.22
42, 862, 595. 6:3
H
~
d
~
H
0
z
DRAINAGE, LEVEE, IRRIGATION, AND SIMILAR DISTRICTS
Loans, total ________ __________ ____________ ____________________________________ ,
$140,861,808.39
I
$45,769,590.95
I
b:j
$90,850,363.04
I
$7,390,550.59
I
H
$83,459,812.45
Total, repair of damage by earthquake, flood, etc ______________________
$10,450,232. 20
5,734,288.75
16,184,520.95
$1,921,124.10
2, 260, 341. 53
4,181,465.63
>
~
0
REP.A.JR OF DAMAGE BY EARTHQUAKE, FLOOD, ETC.
Loans to repair damage in 1933 __ __________ ___ __ _______________ _______________
Loans to repair damage in 1933, 1934, 1935, and 1936 __________________________
z
trJ
$8,529,108. 10
3,473,947.22
12,003,055. 32
--
$8,356,954.91
2,412,018.01
10,768,972. 92
$172,153.19
1,061,929.21
1,234,082.40
a
0
~
l't1
0
~
~
OTHER
1-1
Loans to credit unions ______________________________________________________ _
Loans to processors, or distributors subject to processing taxes ______________ _
Loans to State funds for securing repayment of deposits of public moneys ___ _
Loans to refinance public-school district obligations _________________________ _
0
$642,967.80
26,089.27
13,087,715.88
2,797,050.00
$42,872.01
11,371.21
23,084.70
1,856,800.00
$600, 09,1. 79
14,718.06
13,064, 631. 18
565,175.00
$589,021.21
14,718.06
13,064, 631. 18
9,000.00
$11,074.58
-----------------556,175.00
!Z
Loan for payment of teachers' salaries _______________________________________
Amounts made available for relief and work relief, under the Emergency Relief and Construction Act of 1932, as amended ______________________________
Total, other _______________________________________________ ____________
22,500,000.00
200,000.00
22,300,000.00
300,000,000.00
15,001.00
299,984,999.00
339,053,822.95
2,149,128.92
336,529,619.03
Grand total, pt. I (loan and other authorizations) 1 ____________________
10,794,638,499.86
2,224,447,515.17
16
7, 669, 360, 586. 25
22,300,000.00
299,984,999.00
----------------------------------- --- -
335,962,369. 45
567,249.58
5, 956, 721, 687. 01
1, 712, 638, 899. 24
H
14
:
'"C
0
~
PART II. PURCHASES OF SECURITIES FROJ\1 PUBLIC WORKS ADMINISTRATION
Amount of purchases authorized
Grand total, pt. IL ____ _________ ___ ________________ __ _______ ______ ___________
$712,638,629.49
Amount disbursed
Amount with(purchased)
drawn or canceled
$37, 631, 000. 00
$640, 552, 546. 16
Amount of repayments and other
reductions 1
Amount outstanding as of Dec. 31,
$524,853,163.65
$115,G99,382.51
1940
1-3
0
~
~
t.:rj
0
0
z
w
PART III. ALLOCATIONS AND LOANS TO OTHER GOVERNMENTAL AGENCIES BY DIRECTION OF CONGRESS
1--3
~
Amount ftllocatcd I Amount disbursed
0
0
1-3
1-1
Allocations for direct relief:
Under Federal Emergency Relief Act of 1933 ____________________________________________________________________________________ ______ _
Under Emergency Appropriation Act, fiscal year 1935 _________________________________________________________________________________ _
Under Emergency Relief Appropriation Act, 1935 _______ ___ ___________ ___ ____ ________ ____ _______ _____________ _____ _________ ___ _______ __
$500,000,000.00
500,000,000.00
500,000,000.00
16
$499, 999, 065. 72
500,COO,OOO.OO
500,000,000.00
0
z
~
1-j
Total, allocations for direct relief_ __ _________________________________________________________________________________________________ _ 171,500,000,000.00
Other allocations:
Secretary of Agriculture f0r crop loans ________________ ________________________ _____ _____ ___ ____ _______________ ______________ _________ __
Capital of regional agricultural credit corporations (reallocated from amount originally allocated to Secretary of Agriculture) __ __ _____ __
Governor of Farm Credit Administration (reallocated from amount originally allocated to Secretary of Agriculture) __ ___ ______ ___ _____ _
Total originally allocated to Secretary of Agriculture for crop loans __ ___ ________ __________ _____ ____________________________ ___ ______ __
Regional agricultural credit corporations for expenses prior to May 27, 1933 _________ ______ ______ ___ ____________ ______ ________ _____ ___ ___ _
Regional agricultural credit corporations for expenses since May 26. 1933 _________________________ ___ _______ ________ ____ ____ ___________ _
Secretary of the T rPasury to pay for capital of Federal home-loan banks ________________________________________ ___ _______________ _____ _
Land Bank Commissioner to make loans to joint-stock land banks ___________ ______ __ ________ __ ____ ___________ ________ _ ______ ______ ___ _
issioner to make loans to farmers ($200,000,000 original allocation reduced by reallocation to Federal Farm Mortgage
Land Bank Comm
Corporation) ______ _______ ____ _______ __ ___ ____ ____ ___ ______ ______ ______ _____ ______ ___ ___ ____ ____ _______ _____ ___ __ ________________ ____ _
F ed~r~l Farm Mortgage Corporation to make loans to farm ers (reallocated from $200,000,000 originally allocated to Land Bank Com--n11ss1oner) __ __ _____ __ ___ ___ _____ __ __________ ___ ________ __ __ ___ _______________ - - -_-- -- __ - __ - ____ - - - __ - - - - - - - - - - - -- -- - - - - - - - - -- -- - - -Secretary of the Treasury to pay for capital of Home Owners' Loan Corporation ____ _____ ______ _________ ____ ______ _________ _____ ___ ___ _
Federal Housing Administrator (amount stated is amount disbursed; total allocation not limited to specific amount) ____ __ ____ _______ __ _
See footnotes at end of report.
171,499,999,065.72
z
z>
115,000.000. 00
44,500,000.00
40.500,000.00
115,000,000.00
44,500, 000 00
40,500,000.00
0
200,000,000.00
3.JOS, 278. 64
14,'842, 500. 00
124, 741, 000. 00
100,000,000.00
200,000,000. 00
3,108. 278.04
14,405,852. 92
124, 741,000. 00
18 2, 600, 000. 00
0
145,000, 000.00
145,000,000. 00
55,000,000.00
200,000, 000.00
83,186,380.80
55,000,000.00
200,000,000.00
83,186,380.80
~
0
~
'"C
0
~
>
1-3
1-j
0
z
......
~
I .-Aggregate loan and other authorizations, purchases of securities from Public Works Administration, and allocati:ons and loans to other
governmental agencies by direction of Congress, by classes, from Feb. 2, 1932, to Dec. 31, 1940, inclusive, and commitments outstanding, by
classes, as of Dec. 31, 1940-Continued
TABLE
trJ
Amount allocated I Amount disbursed
$97,000,000.00
$97,000,000.00
24,000,000.00
24,000,000.00
1 - - - - - - --
Total, other allocations _______________________ ____ __ __ ____________ ______ ___ ___________________ ____ __ __ __________________ ____ ______ _
Loans:
Rural Electrification Administration ___________ ___ ___ ______________ ___ ______ _________ ___________ ____ _____________ _____________ ________ _
Secretary of Agriculture:
Farm rehabilitation ____ ___ ___ ____________ ___ __ __ _____ _______________ __________ ___ ___ ________ __ __ _________ _____ ___________ _________ _
Farm tenants _______ ___________ _____ ___ ___________ ___ ____ _____________ _____________ ___ ____________ __ ____ ______ _____ ___ ___ ____ _____ _
Total, loans ________ ___ ____ ____________ ____ __ ______ __ ____ _______ _______ __ ________ ___ ___ __ _______ __ - - - -- -- -- -- -- - -- - - - - - -- -- -- - - -- -
1,046,878,159. 44
949,041,512.36
246,500,000.00
146,500,000.00
125,000,000. 00
50,000,000.00
25,000,000.00
3,000,000.00
421,500,000.00
I = = = = =- -
174,500,000.00
"ti
0
~
~
0
1-:;j
~
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0
0
z
w.
1-3
~
cj
q1-,
1---1
Administrative expense:
Regional agricultural credit corporations __ ______ ___ ______ __ _______________________ _____ _________________ _______ ___ ___________ _________ _
Under sec. 1, title I, of the Emergency Relief and Construction Act of 1932, as amended __ ____________ ___ _____ ___ ___ _______________ ____ _
Interest on notes issued for funds for allocations and relief advances _____________ _____ ___________ __ __________ _____________ _________ ________ _
116,186.58
126, 871. 85
33,177,419.82
116,186.58
126,871.85
33,177,419.82
Grand total, pt. III ___ __ _________ .._________________ ____ __________ ___ ___________ ___ ______________ _______________________________ ___ __ _
3,001,798,637.69
2,656,961,056.33
PART IV.-COMMITMENTS OUTSTANDING AS OF DEC. 31, 1940
~
~
PART III. ALLOCATIONS AND LOANS TO OTHER GOVERNMENTAL AGENCIES BY DIRECTION OF CONGRESS-Continued
Other allocations-Continued.
Commodity Credit Corporation, purchase of stock __ ______ _____ ___________ __ ______ __ .. ______ ___________ _________ ______________ ___ ______ _
Disaster Loan Corporation, purchase of stock (amount stated is amount disbursed; the Corporation is required to purchase stock upon
request of the Disaster Loan Corporation up to but not exceeding $40,000,000) ___ __________________ _____________ ____________ ____ ______ _
.....,.
A mount of com-
mitments out[Conditional agreements to make Joans, or other authorizations, upon the performance of specified conditions]
standing
Banks:
Loan on preferred stock __ __ ____ __________________ ___ ___ __ __ _____ ___ __ ____ _______ _________ __________ _________ __ ___ ______________ __ _____ ________ ·_______ ___ ___ ___ _
$12,500.00
Subscriptions for preferred stock _____ ____________ ________ ___ _____ _____ ___ __ _____ ___ ______________________ ____________ _________ ___ _______ ______________________ _
900,000.00
Subscriptions for preferred stock of Export-Import Banks ____________ ______ __ _____________ ___________ __________ ______ ______ __ ___ __ _____ _________________ - -- - - -- 100,000,000.00
Mortgage loan companies:
20,000,000.00
l;f:e~~C_M~rtgage CompanY------------- ---- ---- ----- ------------------- - ---------------------- -- ---- ---- --------------- - -- -- - - ----=========================
7,500,000.00
Agricultural financing institutions, etc.: Loans for financing exports of agricultural surpluses _________________ ___________ ________ ____________ ___ -------- -- -- -- ---- - 2,000,000.00
Railroads: Loans (and purchases of securities) ______ ___ _______ _____________ __________________ _______ ________ - _-- -- -- - - - - - - - - - - - - - - -- - - - -- - -- -- - - - - -- - - - -- - -- - - - - - - - 42,358,175.00
0
z
~
1---1
z
>
z
0
trJ
0
0
~
"ti
0
~
~
0
z
Business enterprises (except for national defense) :
Loans _________ __ _________ ________ _____ ___ ___ ___ _____ __________ ____ __________ ___ ______ __________ _________ __ ___ ___ __ __ -- - --- - - -- -------- -- - -- --- - - -- ----- -- -- - __ 19104,769,302.50
Pur.chase of a participation _______ ____ ____________ ___.____ ___ _____ ___ ___ __ ______ _____ . ___________ __ _____ _______ ____ ____ ___ _______ ______ _____ ____ ____ ____ ____ ____ _
2,500,000. 00
Agreements to purchase participations _________________________ ___ ______ _____ ___ ___ _____ _______ __ __ _____ ___________ __ ___ ______ ________ __ _____ _____ _________ ___ _
12,282,666.67
National defense (under the act approved June 25, 1940) :
Loans for national defense ________ __________ _________ __ _____ ____ __ __ ____ _. ___ ____________ _______ __________ ___ _________ __ ______ ____ ____ ____ ____ _______________ __ _ 223,250,000.00
Purchase of capital stock in corporations created by the Reconstruction Finance Corporation to aid in national defense ____ __ _____ __ _________ _••.• ______ __ ______
7,000,000.00
Self-liquidating projects, etc.: Authorizations to public agencies for construction, etc., under sec. 5d of the Reconstruction Finance Corporation Act, as amended ___
16,706,375.00
Grand total, pt. IV (commitment::- outstanding as of Dec. 31, 1940) ________________ _____ __ _____ ____ __ ____ ______ __ ________ ________ _____ _____ ____ ______ ________ _
539,279,019.17
~
ttj
"'C
0
~
H
SUMMARY OF TABLE I
0
Amount of authorizations, allocations, and
commitments
outstanding
Part I. Loan and other authorizations _________ ____ __ ___ ___ ______ ____ __ ___ ___ $10,794,638,499.86
Part II. Purchases of securities from Public Works Administration ___ _______
712,638, 629. 49
Part III. Allocations
and
loans to other
direction
of Congress
_______________
___governmental
__ _________ ___ agencies
___ ____ ___by
____________
3,001,798,637.69
Total ______ ___ _________________ __ _____ ______ ____ ______ ___ __ ________ ____
Part IV. Commitments outstanding _______ ____ ________ ___ _______ ________ ____
Grand total ______________________________________ ____________________ __
~
Amount of withdrawals or cancelations
Amount of disbursements
Amount of repaymen ts and other
reductions 1
Amount outstanding as of Dec. 31,
1940
z
$2,224,447,515.17
37,631,000.00
97,400,000. 00
$7,669,360,586.25
640,552,546.16
2,656,961,056.33
$5,956,721,687.01
524,853,163.65
20
2, 482, 463, 481. 79
$1,712,638,899.24
115,699,382.51
174,497,574.54
14,509,075,767.04
2, 359,478, 515.17
10,966,874,188. 74
8,964,038,332.45
2,002,835,856.29
539,279,019.17 -- -- ---- -- ------- --- - -------------- - -- -- ------- - - -- -- - - - - --- ---- - -- ----------- -15, 048,354,786.21
~
trJ
0
0
2,359,478,515.17
10,966,874,188.74
8,964,038,332.45
2,002,835,856.29
w.
H
~
d
~
~
0
z
~
~
z
>
z
0
See footnotes at end of report.
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0
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0
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~
0
•
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1--l
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T AB~E 2.._ Aggregate loan and other authorizations, by classes, during the fourth quarter of 1940
1--'~
BANKS AND TRUST COMPANIES
..
l.f ··~
,
-·~
Authorizations
G~fSS
Withdrawals or
cancelations 21
Disbursements 21
Repayments and
other rcductions i 21
Outstandingincrease for the
quarter 21
.~
1-3
Loans to aid in the reorganization or J4qui~a,tion of closed banks:
To receivers, liquidating agents, and cqpservators ___ _______ ___ ____ _____ ________ __ __
$40,204,055.33
$1,082,776.42
$35, 73~,840. 78
Through mortgage loan compan.i~~ _ _·_·________ __ ______________ _________ ____ ____ ___ _
- -- - - ----------- -- - - - - - ------------- --- -- - -- - --- -- -- - On assets of closed banks, under ~,c. 5f~f the Reconstruction Finance Corporation
1,202,259.70
316, 370.57
Act, as amended. - - - - __ - - - - - - - 0 - - - - - ; :- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 7~3. 793.35
$3, 400,966.81
1,096,479. 90
$32,338,873.97
221,096,479.90
348,357.74
445,435.61
Total, to aid in the reorganit,ation ~ liquidation of closed banks ___ _____ ______ _
41,406,315.03
1,399,146.99
36,533,634.13
Loans to open banks ____ _______ _______ ____ : __________________________ __ ______ ______ ____
50,624.93
----------------- --- - ----- -Loans on preferred stock ___ _____ __ ___ ___ __ -~_____ _____ __ ______ ____ ___________________ ___
---- - -- ------ - - - - - - --- - -- - - - - - - -- --- -- ---- - ----- - -- -- Subscriptions for preferred stock ___________ ~ __ _____ _________ _______ ____ __ __ - _- - ___ . - - - 1,138, 000.00
100,000.00
3,39$,000.00
40,000.00 --- -- - - - --------- Purchases of capital notes or debentures-~---------------- --- - -------- ---------- -- - --- 15,000.00
4,845,804.45
1,209,160.71
242,541.30
8,123,640.66
2,851,084.23
31,687,829.68
22 1, 209, 160. 71
22 242, 541. 30
22 4, 725, 640. 66
22 2, 836, 084. 23
17,272,231.35
22,674,402.78
. - ··
Grand total, banks and trust .compan,ies _________________________________________
42,584,315.03
1, 549, 771. 92
39,946,634.13
Loan to Export-Import Bank of W a~;aingt£>n _____________________ _____ _____ __ _________
-I
$25, 000, 000. 00
I-________________ -I
$25, QOO, 000. 00
I-________________ -I
$25,000,000.00
1-3
~
d
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~
~
~_ ~
...
, _ ,. ,
Total1 building and loan..as~~oi~ion.~:---- ______ ______ ___ ____ ___ ______ _______ ___ •
0
. : .\.
: ..,:,;
;
?
_
2,017,395.70
99,420.54
0
----------- ------ $166,67~. 2&
Hi~, 678. 28
22 $53, 872. 33
22 275, 244. 61
$53,872.33
441,922.89
495,795.22
22
329, 116. 94
t:rJ
0
0
~
"'t1
0
.•
~
~
INSURANCE COMPANIES
~--
Loans,dirert_______ __ _____________________________________________ __ __________________ __________________ __________________ __________________
Loans on preferred stock ________ ~ ~ ~ ~ : ___ ~~~____________________________________________ __________________ __________________ __________________
.
z
U2
z
Loans:
Receivers and liquidating agoo~- __________________________________________________
Other ____ ___ _________________
_____ -_____________________________________________ ---- -- ------ - ----- ---- - ------------$2,017,395.70
$99,420.54
..
t:r.l
0
0
H
.,
..
~
0
BUILDING AND LOAN ASSOCIATIONS
'\,"':% ·
~
~
"'' . , . ..,._
•
0
~
EXPORT-IMPORT BANK
t, •'
t:rJ
"'t1
0
~
·..-;
· •·
~
$177,743.77
3, 434, 898. 59
-------1--------1-------1-------1
Total, insurance companies.-~ ,~-_~ ________ _____________ _____________________ .____ ____ ______________ ________ ______ __ __ __________ ________
3, 612, 642. 36
22 $177,
22 3, 434,
22
713. 77
898. 59
3, 612, 642. 36
~
0
z
MORTGAGE LOAN COMPANIES
Loans.direct ____ ______________ ___________________________________________________ __ __ _
Loans to The RFC Mortgage Company. _________ __ ___________ ___ __ _______ ___ __ ____ ___
Loans to Federal National Mortgage Association __________________________ ______ ____ __
Total, mortgage loan companies ___________________________ ______________________
$282,057. 15
10,000,000.00
------------------
----------------------------------- -----------------10,282,057.15
------------------
$2,750,116.51
$2,727,998.28
6,907,304.74
957,139.35
9,340, 381. 48 -------- ---- -- ---18,997,802.73
$22,118.23
5,950,165.39
9,340,381. 48
3,685,137.63
15,312,665. 10
~
l?=J
t-ti
0
~
AGRICULTURAL FINANCING INSTITUTIONS, ETC.
1-3
Loans to joint-stock land banks __ _____ _______ __________________________ __ _______ ____ ___ __ __ ________ ______ ___ ___ ________ ____ __ ______ __ __ ______
Loans for financing agricultural commodities and livestock ___________ ___ _________ __. ______________ ___ ____ ___ ____ ___________ . ________ _____ ____
$248. 680. 56
76,597.66
Total, agricultural financing institutions, etc____________________________________ _ __________________ __________________ ______ __________ __
325,278.22
22
$248, 680. 56
22
22
76, 597. 66
325, 278. 22
0
~
~
l?=J
a
0
z
RAILROADS
U).
Authorizations:
R eceivers and trustees _____ __________________________________ ______________ __. ____ .
Other ________________________________________ _______ ______________________________ _
Total,railroads __ ___ __ __ ___________________________________________________ _____ _
r-3
~
$1,120,000.00
$158,000.00
17,916;000.00 -------------- - --19,036,000.00
158,000.00
$1,120,000.00
5,611,783.10
$499,378.66
2,390,302.05
$620, 621. 34
3, 221, 481. 05
6,731,783.10
2,889,680.71
3,842,102.39
BUSINESS ENTERPRISES (EXCEPT TO AID IN NATIONAL DEFENSE)
d
a
r-3
'""'4
0
z
~
'""'4
Loans _____ _____ ___ _______ __ ___ __ ______ _________ __ ________ __________ ____________ _______
23 $3, 511, 207. 41
$1, 686, 761. 66
$2,989,970.76
Purchases of participations __ __ ____ . ___ __ ________ ________ _____ __ ____ _______ __ ____ __ ____ _
75,000.00
371,350.00
73,500.00
Agreements to purchase participations ____ ___ ________ _____ ___ ______ ____________________
920,025.00
2,875,330.82
464,340.79
Loans through mortgage loan companies and banks ____________ ___ _____ _____ __ ___ _____
------------------ --------------- - - Loans to fishing industry under sec. 5 of the Reconstruction Finance Corporation Act, --- --------------as amended ____ ___ ___ _______ __ ____ _____ ____ ____ ________ ___________ ____ ___ _________ __ _
----------------- - ------- - ---------- ---- - --- ------ ----
Total, business enterprises (except to aid in national defense) ________ _____ ____ __ _
See footnotes at end of report.
4,506,232.41
4,933,442.48
3,527,811. 55
$9,538,162.46
573,032. 84
815,002.05
554,361.02
22
$6, 548, 191. 70
22 499, 532. 84
22 350, 661. 26
22 554, 361. 02
663. 17
11, 481, 221. 54
22
22
663. 17
7,953,409. 99
z
za>
l?=J
0
0
~
>-ti
0
~
>
~
'""'4
0
~
~
~
TABLE
~
2.-Aggregate loan and other authorizations, by classes, during the fourth quarter of 1940-Continued
~
NATIONAL DEFENSE
Withdrawals or
cancelations 21
Authorizations
Class
Disbursements
Outstandingincrease for the
quarter 21
Repayments and
other reductions 1 21
21
~
tlJ
t--o
0
~
...
-.
Authorizations for national" defe-n se -under-t-n-e --act-approved June 25, 1940 (amending
sec. 5d of the Reconstruction Finance Corporation Act):
Loans _____ __ __ ____ _____ ______ _________ __ __ ______ ________________ __ _______ __ _______ _ 24 $405,618,215.55
$241,743.35
$33, 330,252.61
$33,571,995.96
$135,938.92
Purchases of participations ________ ___ ____ __ ________ __ ____ __ ________ ______ __ ____ ____
211,962.63
23,723.45
235,686.08
215,000.00 - ------- --- - - -- --Agreements to purchase participations ___ ___ _______ ___ ___ _______ ____ __ - _____ - - ___- 140,117.94 - - - - ,. - - - - - - - - - - - - - - ---- --- - -- -- - -- -- -- --- -- ----------2,032,943.00
Purchases of capital stock of corporations created by the Reconstruction Finance
Corporation to aid in national defense ______ __________ ______ _____ ___ ___ ___ ________
5,000,000.00
5,000,000.00 --- - ------- -- - - --4,000,000.00 --- --- - - -- -- -- ---Total, national defense under the act approved June 25, 1940 __ __ _________ ______
Authorizations to business enterprises to aid in national defense under sec. 5d of the
Act, as amended:
Reconstruction Finance Corporation
Loans ____ ______ __ ______________ _______ __ ____ _____ ___ _____ _________ ___ __ _____ _______
Agreements to purchase participations __ ____ _______ ___ ____ __________ _____ ___ ____ ___
Total, business enterprises to aid in national defense ___ __ _____ ______ ___________ ___
411, 866, 158. 55
Grand total, national defense ____ ______ __________ ___ _____ ____ ____ _____ . ____ _____ .
412,850,398.93
38,542,215.24
265,466. 80
38,807,682.04
276,056.86
1-3
0
~
~
tlJ
0
0
z
w.
25
274,425.96
39,585.44
314,011.40
160,805.00
20,913 . 85 --- - - - --- ----- ---- -- --- ---- ------ --- -- ------------- --274,425.96
39,585.44
314,011.40
187,718.85
653, 116. 90
331,123.48
984,240.38
38,816,641.20
305,052.24
39,121,693.44
463,775.71
~
~
d
~
~
0
z
MINING, MILLING, OR SMELTING OF ORES
---------------------------------- ----------------------------- ---------------------------------- ----------------------
~
Loans, total ____ - - - - - -- - - -- -- - - - -- - - - - - -- - - -- - - -- - -- - - - -- -- - -- - - -- - - - - - - - -- - - -- -- -- - - - -
I
$1, 189, 390. 60
I
$97,800.00
I
$245,000.00
I
$50,000. 00
I
$195,000.00
Total, self-liquidating projects, etc. ____ _____ ____ __ ________________ __ _________ ____
3,941,400. 00
0
liO
$7, 000. 00
$12, 331, 631. 54
$10,584,000.00
2,001,788.76
1,923,300. 00
2,782,500.00
2,008,788.76
12,507,300.00
15, 114, 131. 54
22
$1, 747, 631. 54
22 859,
22
200. 00
2, 606, 831. 54
$1,030,918.721
$175,406.851
0
~
t--o
0
~
>
~
8
z
DRAINAGE, LEVEE, IRRIGATION, AND SIMILAR DISTRICTS.
Loans, totaL ___ ------------ -------------------------------------------- ~---------------1.
~
z
z0>
ttj
SELF-LIQUIDATING PROJECTS, ETC.
Loans on self-liquidating projects under sec. 201 (a) of the Emergency Relief and Construction Act of 1932, as amended _________ ___ ___ ___ _. __ _____________ ______ ___ ______ __ -- -- ---- -- - - -- ---Loans to public agencies for construction, etc., under sec. 5d of the Reconstruction
Finance Corporation Act, as amended ______________ . ________________________________
$3,941,400.00
~
$713,267.34
I
$613, 340. 861
$99,926.48
REPAIR OF DAMAGE BY EAitTHQUAKE, FLOOD, ETC.
~
I-'
~
~
Loans to repair damage in 1933 . . .. _. .. . . .... . . .. .. . _. . __ ..... _. .. .. - . . ... . ... - .. . ... .... - - . .... .. .. . .. .. . . . . - . . . . . . ... . .. . . ... . . - -...... - . . . . .
Loans to repair damage in 1933, 1934, 1935, and 1936 ... • •······ · ·· · · ·· ···· ···· · ····· -··· ··-··· · · · ···· -· - ·· ····-- -·-··· · ···-·· ·· · ···· ·--- ·- -·· ··
$2, 648. 48
69,379.56
22
22
$2, 648. 48
69,379.56
Total, repair of damage by earthquake, flood, etc . . .. . .. _... _.. ... ...... - ... . . -..... . . ... .. . . ... . . .... .. . ... . ... . . ... .... __ -- . - _--- _- . .
72,028.04
22
72,028.04
I
~
~
'"O
0
Qt
I
....~
I
~
~
OTHER
~
Loans to credit unions ... . . ..... . ..... . . .. . ... ..... •• •· ••• •· · ··· · ··· ··· · ····· ··· ··· · ···· 1· · · · - · · · - · · · · · · · · · 1· · · · · - · · · · · · · · · · · · 1· ·· · · · · · · · · · · · · - - · ·
Loans to refinance public-school district obligations . . .. ........... ... .. . . ... .. ... ....... -·-· · ·· - ··--- · ·- --·· -· -··--· · · · · · · · · · -· · · - ·· · ·· · ··· · ··
Total, other .. . _._ . .. ... . _. _. . . . . . ... . .... .. . .... ... ... .. . . .. --....... -. . . .. -. ... -. , -... . ... .. .. . ... . . , . . .. .. ... - -. . . .. . -, . -. ...... .... - . . . .
- -- - -- - - - • = = == =! - - - - ----1
$9,486, 4.06. 26 I $146,957,970.57
Grand total.. .. . .. . ...... _....... __... _. . _... . .. .. . . . . . _. . __._ ....... ..... . . ... . . 126 $522, 438, 108. 54
$3,108.00
1,000.00
$3, 108. 00
221 , 000.00
22
224,108.00
4,108.00
I= = = = = =
55, 920,647.71
91,037,322. 86
0
1-,j
~
~
0
C
z
See footnotes at end of report.
w
~
~
e
0
~
1--1
0
z
~
1--1
z
>
~
0
~
0
0
~
Mj
0
::e
>
8
~
0
z
~
-l
18
REPORT OF RECONSTRUCTION FINANCE CORPORATION
TABLE
3.-Number of authorizations, and number of new borrowers, etc., to which
authorizations were made, by States, during the fourth quarter of 1940 27
GRAND TOTAL
Number Number
of auof new
thoriza- borrowers
B
tions 28
State
Number Number
of auof new
thoriza- borrowers
2~
tions 29
State
- - - ---Ala barn a ___ ______ ________ ____
Arkansas ___________ __ _______ _
California ________ ___ _____ __ __
Colorado ____________ _____ __ __
Connecticut ________ ______ __ __
Florida __ _____ ____ ___ ____ __ . __
Georgia __ ___ __ __ __ ______ ____ _
Idaho ___ ___ __ ____ __ __ __ ____ __
Illinois ______ __ ___ __ _______ ___
Indiana _____ ______ __ _____ __ __
Iowa ___ __ __ _______ ____ ____ ___
Kansas __ ___ _____ _____ __ __ ____
Ken_t~cky __ __________ ______ __
Louisiana __ ______ ___ __ ___ ____
Maine __ ____ ___ ____ ________ ___
Maryland _______ __ __________ _
Massachusetts ___ ____ _____ __ __
Michigan ____ ________ ______ ___
Minnesota ___ ____ __ ____ ___ __ _
M \ssissil_)pi ___ ___ ___ _______ ___ _
M1ssoun _____ _____ ___ __ __ __ __
Montana ____ ______ ___ _____ ___
Nebraska__ ___ __ ___ ____ - - __-- Nevada ___ _____ ___ ____ ____ ___
New Hampshire ____ _______ ___
New Jersey ____ ___ _________ __ _
New York ____ __________ ___ _
North Carolina __ __ ______ ___ ___ _
North Dakota ______ ___ __ ____ _
Ohio ___ ___ ____ _____ _______ __ _
Oregon ___ __ ______ ______ _____ _
Pennsylvania __ __ __ _____ _____ _
South Carolina ____ ___ __ ____ _
6
6
21
5
4
13
6
4
1
11
1
5
,5
4
4
2
5
5
4
4
2
8
1
4
5
2
l -- - - - - - --1
1
4
20
4
2
3
.5
2
3
2
(i
8
4
2
2
I
4
:J
1
2
1
19
13
18
14
8
8
l
I
,)
4
,5
2
13
2
10
1
Tennessee _______ __ _________ __
Texas __ __ __ _________ ________ _
Utah __ ____ _____ ___ _____ __ __ _
Virginia ___ ___ _____ __ ________ _
Washington ___ _______ ____ ____
West Virginia ___ ___________ __
Wisconsin __________ __ ____ ___ _
Wyoming ___ _______ __ ____ ___ _
Alaska __ _____ ______ ____ ____ _
Puer1 o Rico _____ __ . ______ ___ _
6
4
7
10
2
2
1
9
1
5
I
I
1
1
I
2
1
-- -- - - -- --
- - -- - - - -- -
Total. _____ __ ___ - ______ Authorizations:
Loan to The RFC
Mortgage Company 20
Loans to the Metals
Reserve Company 29 _ _
Loan to the Defense
Plant Corporation 29 __
To railroads (including
receiver and trustee) '29
Purchase of capital
stock of a corporation
created bv the Reconstruction Finance
Corporation to aid in
national defense 29 _ __ _
Loan to Export-Import
Bank of Washington ~9__ ___ _ _ _ __ ___ __ _ _
246
154
Grand tot:1l ______ __
259
1
1 - - -- - -- - --
5 - --- --- - -1
1
4
I
1 - --- ~- - -- -
I
l
I
I
157
I
BANKS AND TRUST COMPANIES
LOANS To
Am
IN THE REORGANIZATION OR LIQUIDATION OF CLOSED BANKS
[Ineludes a loan to a receiver under sec. 5 of the Rrconstruction Finance Corporation Act, as amended;
and loans on the assets of closed banks under scf'. 5r, of the Reconstrnction Finance Corporation Art. as
amended!
Number Numbrr
of authoriof
zations 28 banks 2s
State
Number Number
of authoriof
zations 2~ banks 2s
State
------------------- - - - - - - - - --- - -------------------------------
TOTAL, SUBSCRIPTIONS FOR PREFERRED STOCK, AND PURCHASES OF DEBENTURES, OF BANKS AND TRUST
COMPANIES
[Under the act approved Mar. 9, 1933, as amended]
State
Illinois _________________________ _______ _
Maryland _______________ ____ __________ _
Minnesota _________ ___________________ _
Nebraska _____________________________ _
New Jersey ___________________________ _
New York ___ __________________ _______ _
Pennsylvania _________________________ _
Total ___________________________ _
See footnotes--a't end of report.
Number of
banks and
trust companies 2s
Number of
authorizations 28
2
Less: Duplications 30
1
2
I
9
6
Net number
of banks
and trust
companies
2
I ---------------2 ---------------- -- -- ----------- - ---------------1
1
1 ---------------I ---------------- ---------------- ----- ----------I
1 ---------------l
1
I --- ------------I
------------ - ---
2
4
19
REPORT OF RECONSTRUCTION FINANCE CORPORATION
3.-Number of authorizations, and number of new borrowers, etc., to which
authorizations were made, by States, during the four th quarter of 1940-Con.
TABLE
BANKS AND TRUST COMPANIES-Continued
SUBSCRIPTIONS FOR PREFERRED STOCK OF BANKS AND OF A 'l'RUST COMPA NY
Number
of authorizations 28
State
Illinois ___ ___ ______ _____ ______
Ml!,l"yland __ _______ ____ _______
Mihi:iesota ____________ ____ ___ _
Ne~ Jersey ___________________
I
Number
of banks
and trust
cornpanies 2s
Number
Number of
banks
of autrust
and
tborizacomtions 2~ panics 2s
State
1
1
1
1
2 ----------1 --- --- - ----
New York __ _________ ________ _
Pennsylvania ____________ __ ___
1
1
1
1
TotaL __________ ______ __
7
4
PURCHASES OF DEBENTURES OF A BANK AND OF A TRUST COMPANY
Illinois _____ _________________ _
Nebraska ____________________ _
1
1
1
1
TutaL ___ ___ __ ______ __ _
2
2
LOAN TO EXPORT-IMPORT BANK
Number
of authorizations 28
State
Number
of
banks 2s
- - - - - - - - - - - - -- - - - - - Export-Import Bank of
Washington 29 _____________ _
1
Number
of authorizations 2s
State
Numher
of
banks 28
----------
1
LOA-:'\ S TO BrILDIKG AND LOAN ASSOCIATIONS
[Under sec. 5 uf the Reconstruction Finance Corporation Act, as amended]
I
Number Number
of new
of authoriza- borrowers 28
tions 2s
State
State
Number Numher
of auof new
thorizabortions 2s rowers 28
--New Jersey _____________ __ ___ _
Wyoming _____________ _____ __
Total ______ ___________ __
7
1 ----------
9
----
7
10
I
LOANS TO 1.fORTGAGE LOAN COMPANIES
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
Alabama ________ _____________
Pennsylvania ___ ______________
Total-------------------1
2s 1
29 1
1
1
2
I
2
The R. F. C. Mortgage Compan y 2g _ _________ _ _________ _
j
1
---------Grand totaL ___________
3
AUTHORIZATIONS TO RAILROADS (INCLUDING RECEIVER AND TRUSTEE)
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
Total
I
29 _______________________ 1
See footnotes at end of repori .
2
20
REPORT OF RECONSTRUGI' ION FINANCE CORPORA'.rlON
3.-Number of authorization,s, and number of new borrowers, etc., to ivhich
authorizations were made, by States, during the fourth quarter of 1940--Con.
TABLE
AlTTHORIZ.\.TIONS TO BUSINESS ENTERPRISES
[Except in connection with national defense]
[Loan:::, and participations in loans, under 5ec. 5d of the Reconstruction Finance Corporation Act,
as amended]
l Number
of au-
State
1
I thoriza•
tions 28
j
Number
of new
borrowers
is
_ _ _ _ _ _ _ _ __ _ _ _ ! _ _ _ •_ _ _ _ _ _
.-\ la barn a ___ . . _.. _.. _.... ... __j
Arkansas ... _. . __ .. _. _. ... . . __
California ... -·----- - ·· -·- .. .
Colorado ..... ____ . .. ___ . . . .. .
Connecticut. __ .. _.. . __ ... . ___
Florida _..... . . _. _. _... . .. .. . . .
Georgia .. _._ . . _.. .. _.. _.... .. .
Idaho ... _. .. . . . . _. _.. __ . _. __.
Illinois •.. . . ... ___.. _. ... . . . .. .
Indiana ..... ... ...... . .. .. . . .
Iowa ....... .. .. ..... . _. . .. .. .
Kansas ..... .. . . _. . . . . .. . _... _
Kentucky ... ...... . ...... __. . .
I ,ou isi ana .. _.. .. . .... . . . __. . _.
Maine . .... . ... ... . .. ...... .. .
Maryland ...... ... . . . .... .. . _
Massachusetts .. . .... .. _. . _.. .
Michigan ... _... . .... . . . __. _..
Minnesota . _.... . .. . . . ... _.. _.
Mississippi. .... . ... ...... . .. .
1
1
1
3
:~
l
2
2
5
.5
State
Number Number
of auof new
tboriza• borrowers
29
tions 28
--------------
4
1
2
3
l
2
l
1
t
l
2
1
-----
Missouri. __ .. .. . .... _...... _.
Montana .. ... _._ ..... ·- ·- - - __
Nebraska_· ·· · ··-····· ·-··--··
New Jersey _... . __ . ...... _. __ _
New York . ...... ... ·-··-···-North Carolina ... --· ·-···· ··North Dakota .... . ·----- .. _..
0 hio .... .. _...... _. _.. ....... .
Oregon . . _. .. .... . __ . _. __ ... __
Pennsylvania .. . . . _... __·-- __ _
Sou th Caro Ii na ..... _... _.... .
Ten nes5ee . __.. _.. _.... __ .... .
Texas _. __.. . ..... . .... _..... .
Utah_ .. ... . . ... .. . ........... .
Virginia _. . . __ ...... .... ..... _
Washingtov _. . . .. _. _..... . _..
Alaska .: . . . . ........ ·-·· ··- -·
Puerto Rico ___ . _. . ___ . ___ . __ .
6
1
1
2
1
1
2
1
6
1
1
3
6
1
4
3
28 2
5
7
1
1
1
3
1
3
1
3
5
1
l
6
3
1
2
1 ----------
To ta L . _. _.. __ . _. _.... __
98
68
NA'l'[ONAL DEFENSE
LOANS, A~D PARTICIPATIO~S I~ LOAN ,'l, FOR N A'['[1)NAL DEFEN"SE U.XDER THE ACT APPROVED Jl•NE 25, 1940
[Amending sec . .5,i of the Reconstruction Finance Corporation Act]
I
Alabama_._ . ___ _... ___ .. ... _.
California . . . _. ... ... . . _. .. . __ 1,
Indiana ....... ... . . .. - . -- - - - -I
Iovva . ... __. . . _. ... .. __ __ . __.. ·
Kansas. _..... . ...... . __ . . __. .
Kentucky __ . _.. _. _. _.... __ . __
Massachusetts. __... _. .. .... _.
M !chiga~ .. ____ . _. . . . . . ... . . _.
M ISSOUrI .•.• __ . . .• . • _ - . _ . - _ - .
New Jersey .. .. . ..... . ... -. - . · I
New York . . . _. .. . . _.. . . . __ . . _
0 bio .... __ ____ ...... _. .... _. _
0 reg on _. _. _. __ . __ ...... . ... . .
t -- - - - -- . --
1l
~R
l
5
l . . -- -- ---.
l
2
2
fi
l
l
·1
6
3
6
JB 1
2
1
Pennsylvania ._ . . __.. _. _. .. ___ .
Washington .. ·-·· --······-·- ·
W~st Vi~ginia .. _-· ..... -· .. ·W 1sconsm _. ... _.. ........ ___ _
Total. .. _..... ·- ..... - ..
Defense Plant Corporation 21_
Metals Reserve Company 20 __
Grand totfll.. _. ___ .. __ _
7
2
1
1
47
1
4
2
1
]
24
1
1
5
----------
53
25
---
I
I
PURCHASE OF CAPITAL STOCK OF A CORPORATION CREATED BY THE RECONSTRUCTION FINANCE CORPO·
RATION TO AID IN NATIONAL DEFENSE, UNDER THE ACT APPROVED JUNE 25, 1940
[Amending sec. 5d of the Reconstruction Finance Corporation Act]
Defense Plant Corporation
-I
2~
See footnotes at end of report.
1
1··-·-····· 1
REPORT O.F' HECO:\'STHlH.:.~TI ON }1~1N.'\NCE CURPORA'.fION
21
TABLE 3.--lVurnber of authorizations 1 and na'rnber of n c 1c borro we rs, et c., to which
authorizations 'were made, by States, du ring the f o urth quarter of 1940-Con.
NATIO~AL DEF E N 8E- Cuntinm' d
Amr-,;- ~ATIO~AI. DEFE NSE, U .l'\ DE R
SECTIOX 5D OF THE RECO:\' STRFC'TION FINANCE C,J RPO RAT IO:---: ACT. AS AMENDED
LOA:-;'S , AXD l'ARTICIFAT[OXS IN LOA:S-5 , TO BtTS[NE SS E NTER l'RISE S TU
Number ~umber
of auof new
thoriza- borrower::
2•
tions 2s
State
Alabama _________ ___________ _
Arkansas __ ___ _______ ________ _
California ___ _____ ____ ____ ____
Florida ____ ______ _____ _______ _
Iowa ____ ______ ____ ___ ___ ___ __
Kansas _________ ___ ___ ___ __ __
Maryland __·___ _____ _____ __ ___
Massachusetts __ ____ ______ ____
M !cb}g~n _: ____ ___ . __________ _
M ~SSISSI pp L _______ ___ ___ ____ _
M ISSOUrI _ - - - - - - - - - - - - - - - - - - - -
N urn ber
of new
thoriza- borrowers
2,
tions 28
of au-
- ------- ------- - - ~ - ---- -
!
28
)J umber
2 '
2
I I
l
9 ,
7
3
1
, ___ ____ __.
I i
1
2 '
1
1
]
l - ;II
M on t::H.HL _
___ . ___
New H ampsh ire . _ ___ ____ ___
New Jersey ____ _______ _____ ___
New York __ ___ ______ _______ _
1\' orth Carolina ________ _______
Pennsylvania ___ .___ __ _____ __ _
Tennessee __ ___ ______ ___ ___ ___
Texas. _____ _ ____ _______ __
Total .
2
2
l
1
5
I
1
1
1
l
1
4
l
I
I
I
35
28
LOANS TO BORROWERS ENGA G E D IN THE MININ G, I\HLLIKG, OR S MELTING OF
0 RE 8
[Under sec. 14 of the acr apr,rnved Ju m , 10, 1~34, a1- amended]
Alabama ____ ___ ___ ___ _______ _
l\-lichigan __ _______ __ ___ ____ ___
1
I - - - -- - ----
N cva.da ______________________
2
I
2
T otal. ___ _____ . ___ ___ __ - - - 4 -,- - - 3
- - - - - - - - -- - -- - - - - LOANS TO PUBLIC AGENCIES TO AI D IN FINAN C ING PROJECTS A rTHORIZED UNDER
FEDERAL , ST A TE , OR MU NICIPAL LAW
[Under sec. 5d of the Reconstruction F inance Corporation A.C't, as amended]
Arkansas __ ____ ____ __ __ ______ _
Florida ____ ___ _ . ______ _____ _ . _
Indiana ____ _____ _____ __ ___ ____
Kentucky ______ ___ . __ _____ . __
Mississippi. ____ ___ __________ _
North Carolina __ ___ __ _____ ___
3
1
I
1
1
5
2
1
1
1
]
T exas _____ _____ . _____ ___ ____ _
Utah _______ ____ _____ __ ______ _
W ash ington ____ . ____ . __ ___ . _
'I' otal ... _____ ___ ____ ___ __
2
l
1
1
1 -- ------ - 16
13
5
LOANS TO DRAINAGE, LEVEE, IR R I GA 'I'I ON, AND SIMILAR DISTRICTS
[Under the Emergency Farm Mortgage Act of H/33, as amended]
Arkansas __ __ _____ ______ _____ _
California ______ _______ __ ____ _
Colorado ___ __________ ___. _.. __
Florida _______ __ __ ___ ______ __ _
Idaho ________ __ ___ ____ __ ____ _
See footnotes at end of report.
M ont:'lna_ ____ _______ _______ _
N ortb Carolina _______ ______ _ .
'I'otal__ _______________ _
28
1
1
29
t
-----16
5
22
REPORT OF RECONSTRUCTION FINANCE CORPORATION
4.-Number of authorizations and borrowers, to which authorizations were
madP; and amount of authorizations, withdrawals or cancelations, disbursements,
and amount outstanding, from Feb. 2, 1932, to Dec. 31, 1940, inclusive, by States 21
TABLE
GRAND TOTAL
Numbcr
of au·thorizations
State
Amount
authorized
Amount withdrawn or
caneeled
- - - --
-Alabama _____ ____ ___
Arizona _____ _____ __ _
Arkansas ____ _______
California __ ___ ___ __ _
Colorado __ _____ _____
Connecticut _____ ___
Delaware ___ ____ ____
District of Columbia ___ _______ __ ____
Florida ____ _________
Georgia ___ __________
Idaho ____ ___________
Illinois _____________ _
Indiana ___ ______ ____
Iowa __ _________ _____
Kansas _______ __ ____
Kentucky ___ ____ ___
Louisiana ___ ____ __ __
Maine __ __ ___ _______
Maryland _______ ___
Massachusetts __ ____
Michigan ____ ____ ___
Minnesota ___ ____ ___
M" . . .
~SSlSSWPL - - - - - - - M 1ssoun __ __ ________
Montana __ ____ _____
Nebraska ____ ____ ___
Nevada __ ___ ____ ___ _
New Hampshire ___ _
New Jersey ____ _____
New Mexico ____ ____
New York __ ________
North Carolina ___ __
North Dakota __ ____
0 hio ___ __ __ __ ____ _- Oklahoma ___ ___ ____
0 rego n ____ ____ ___ __
P enn~yl vania . __ ___ _
Rhode Island ______ _
South Carolina . __ __
South D akota __ __ __
Tennessee __ ___ _____
T exas __ ____ _____ ___
U tab ____ .. __ ____ ____
Vermont_ ___ _______ _
Virginia _____ __ ____
, vashington _____ ___
W est Virginia _.. __. _
"\\T"1seonsm
. ___ . _____ _
·wyoming __ . ________
Alaska_ . ______ ____ __
H a W~ll.. _____________
Puerto Rico ________
rirgin Islands ____ __
'
Number
of
borrowers
$45,294,284.98
25,907,400.63
69,191,555.39
738,443, 876. 42
30,365,655. 78
38, 048, 271. 24
3,514,400.00
$6,312,424.43
12,900,898.49
12, 716, 367. 96
62,468,656.46
7,513,783.99
5,842,760.47
2,337,200.00
160
73
514
686
924
1,206
305
171
2,159 1,329
774
1,083
1,181
764
720
554
790
536
741
382
231
130
429
293
681
508
1,606
915
738
1, 071
872
545
887
1,339
240
394
471
1,403
38
75
66
55
994
1,465
141
100
2,214 1,552
740
538
404
299
1, 1381 1,201
494
273
346
629
2,433 1,626
47
35
193
300
323
476
548
856
I. (i.52 1,189
252
159
107
163
,585
412
2, 196 02 1,405
335
538
1,520 1, 122
129
68
27
18
5
4
42
35
1
3
37,815, 444. 01
37, 106,978.65
42,938,903.52
16,139,583. 94
458,348,249. 28
86,831,136.54
90, 876, 292. 33
35,972,685.84
55,063,703.63
228,656,390.93
89,434,359.02
153,333,258.53
105,385,253.38
593,150,932.01
43,416,293.50
61,957,699.05
141,179,130. 33
17,290,436.17
27,468,083.40
14,315, 919.42
8,604,938. 00
294, 382, 933. 48
12, 315,250.06
885, 608, 991. 27
78, 282,278. 20
14,446,756. i3
(i14, 41.5, 782. 08
28,409,640.44
~] ,892,3 12. 51
427,394, 86,1. 85
7,390,308. 43
40, 613,187. 17
19, ]08, 799.58
138, 228,993. 73
163,417, 367.55
23,974,164. 04
29,044,696.63
67,258,223. 54
107,755,082.91
49,272,215.77
131,419,916.13
6,822,747.70
3, 261, 100. 00
1,444,935. 00
8,290,500.00
251,000. 00
5,518,950. 21
7,377,705. 17
8, 922, 236. 69
2, 4~9,698. 72
67,991,554. 49
16, 709,603.62
15,259, 308.80
4,835,647. 53
13,895,748.03
89,836, 329.37
11 , 197,848.08
16,537,982.83
17,299,789.59
113, 326, 070. 07
6,868,012.52
10,755,517. 97
36,845,157.55
2,029,915.67
4,608,449.38
4,515,580.82
1,824,200.78
42, 959,178. 30
1, 844,348. 17
202,549,827.57
1,5, 196, 2.57. 27
1,714,226.45
140, 634, 094. 11
2, 510, 611. 82
n,058,024. 24
76,667,349.19
876, 423.26
6, 554,739.73
4,240, 744. 56
23,4A7,07n.45
21 , 117,397.54
4,531,378. 05
2, 367,300.55
9, 227,228.07
34, 060, 14n. 11
6,708,989.83
20,461,066.39
1, 044,313.66
471,712.39
214,103. 00
1,333,930.78
126,000.00
----
TotaL ________ 39, 771 26, 025
See footnotes at end of report.
Amount outstanding as of
Dec. 31, 1940 .31
-
380
101
588
673
315
214
30
619
157
869
1,137
435
331
33
Amount
disbursed
6,480, 783,165.621, 195, 633,876. 18
$37,180,998.20
12,615,779.95
55,903,180.65
635,232,560.45
22,300,992. 94
32,029,542.30
1,177,200.00
$8,770,365.78
6,127,819. 83
18,915,508.72
95,875,412.11
5,860,153.61
9,602,668.60
252,609.45
32,238,292. 50
2,295,482.65
24,945,679. 01
9,580,278.28
32,485,667.95
6,793,164.21
13, 246, 2-89. 81
3,094,051. 77
59,551,358.09
389,500,579.74
69,412,208.12
10,480,609.67
75,479,562.82
3,335,495.00
18,267,867.74
4,804,177.63
40,788,265.97
7,065,305.13
138,601,215.69
23,685,423.78
67,918,920.71
6,515,338.24
129,555,228.41
25,894,489.81
86, 900,845.99
14, 818, 571. 08
470,126,150.54
73,639,034.33
4,551,348. 58
35,982,639.59
13,102,233.79
50,719,312.99
24,260,286.00
101,367,414.32
14,872,039.97
2, 563, 881. 00
22,464, 360.16
4,843,669.34
568,489.02
8,715,338.60
822,177.53
6,700,737.22
243,723,915.03
99,275,846.03
6, 914, 191. 28
10, 109.047.80
114,345,629.51
619,827,684.36
7,108,623.93
61,894,096.20
2,517, 164. !>3
12,681,680.01
51,891,825.23
461, 7,58, 61.5. 97
1, 903, 112. 28
25,514,.'589. 74
6,269,309.11
25,336,868.4!i
53,912,730.10
344, 253, 20,1. 82
1,931,516.05
6,47!.i,572.29
3,690,144.38
33,473,907. 55
14, 8,1,5, 132. 22
1,682,445.26
24,812,518.62
113,564,105. 65
38,081,802.39
123,371,653.81
1, 937, 861. 72
18,894,903.15
15, 711, 385. 12
26,636,916. 36
10,069.854.27
44,768,589.36
17,389,443.44
08,064, 728. 21
3,102, 506.36
42,131,839.28
23,877,705. 05
109,850,827.15
865, 937. _l_O
5, 610, 561. 74
1,270,000.00
2,287,500.00
1,230,832.00 --- --- -- -- ---- -- -767,417.64
5,196,560.22
119,000.00
125,000.00
5,048,367,204.71
937,717,372. 43
REPORT OF RECONSTRU CTION FINANCE CORPORATI ON
23
4.-Number of authorizations and borrowers, to which authorizations were
made; and amount of authorizations , withdrawals or cancelations, disbursements,
nnd amount outstanding, from Feb. 2, 1932, to Dec. 31, 1940, inclusive, by
States 27-Continued
TABLE
GRAND TOT AL-Continued
Number
of authorizations
State
Number
of
borrowers
Amount
authorized
------
Amount withdrawn or
canceled
Amount
disbursed
Amount outstandini; as of
Dec. 31, 1940 Jt
·- -
_.\UTHORIZATIONS 29
Loan to ExportImport Bank of
Washington ______
1
Subscriptions for ·
preferred stock of:
Export-Import
Bank of
,vashington __
4
Second ExportImport Bank
of Washington. n. c __ ___
1
Loans to The RFC
Mortgage C o m pany _____ __ ____ __ _
19
Loans to Federal
National Mortgage Association __
4
Subscriptions for
stock of:
The RFC Mortgage Company ____ __ ____
3
Federal National Mortgage
Association ___
1
Loans to Com.modity Credit Corporation __ _____ ___
28
Loans to Federal
land banks _____ ___ 33 57
Loans to Federal
intermediate
credit banks ___ ___
8
Ll)ans to regional
agricultural ere di t
corporations ______ 1,343
Loans to Secretary
of Agriculture to
acquire cotton. ___
2
Authorizations for
financing exports
of agricultural
surpluses ______ ___
10
Loans to railroads
(including receivers and trustees) __ 6 217
Loans to and purchases of capital
stock of, corporations created by
the Reconstruction Finance Corporation to aid in
national defense __
18
-- -- --
$25,000,000.00 ----- -----------
$25,000,000. 00
$25,000,000.00
1
99,000,000.00 ---- -- ----------
74,000,000.00
74,000,000.00
1
2,500,000.00 ---- - --- --- -----
1
153, 368, 261. 03 ----------------
146,125,669.60
42,110,298.82
1
133, 962, 793. 11 ---- --- --- - -- -- -
118,214,034. 12
79,379,796.47
1
25,000,000.00 -------- --- -----
25,000,000.00
25,000,000.00
1
11, 000, 000. 00 ---- ----- - - -----
11,000,000.00
11,000,000.00
1
1,604,712,664.99 $836,995,702.78
12
4
12,400,000.00
767,716,962.21 -----------------4 387, 236, 000. 00 ------------------
9,250,000. 00 ----------------
9,250,000.00 ------------------
399, 636, 000. 00
8
2,500,000.00 ------------------
12
178,840,452.48
5,596,811.76
173,243,640.72 ------------------
1
23,500,000.00
20,200,000.00
3,300,000.00 ------------------
98, 445, 245. 68
46, 146, 368. 56
47,298,877.12
46,895.99
s 911, 604,716.95
107,4i4, 755.89
786,604,805.16
473,881,142.92
44,503,392.61
638, 03,5, 200. 00
4
--- - - - - - - - - - ---------------- -------
44,503,392.61
6
86
5
Grand totaL __ 41,487 26,161 10,794,638,499.86 2,224,447,515.17
See footnotes at end of report.
lj
347,669,360,586.25 34 1, 712, 638, 899. 24
TABL E
4.-lVumber of au.thori zations and borrowers, to which au thorizations were made: and amount of authorizat?:ons, w£thdrawals or cancelahons, disbursem ents, and amount outstanding, from Feb. 2 , 1932, to Dec. 31, 1940, inclusi"vc, by States 27-Continued
~
~
BANKS AND TR US'r COMPANIES
~
TOTAL-LOANS TO BANKS AND TR UST COMPANIES
trJ
[Loans to open banks and trust companies, and loans to aid in the reorganization or liquidation of closed hanks and trust companies)
0
State
Net numNumber
Number of
ber of
banks
Less :
I of
banks
trust duplica- and
authori- and
trust
35
tions
comzations
companies
panies
~
~
I
Amount.
authorized
I
Amount withdrawn or
can celed
- --- - - - ~ -- - , - Alabama ___ ____ _____ ____ __ ____ __ _________________ _____ ____ ____
Arizona __ ___ ____ ___ ___ __ _________________________ -- _- -_- _---Arkansas __ ___ ___ ________ __ _____ _________ ________ ____ __ _______ _
California _____ _____ __ ___ ___ ________ ____ __ _______ _____ ____ _____ _
Colorado _________ __ _______________ ______ __________ ____ _______ _
Connecticut ______ __ ____ ___ __ _____ - _- __ -- --- ----- ----- ----- ---Dela ware _____ ____ _____ ____ ______ __ ___ _-- ___ ------- ------ -- -- -District of Columbia ____ __ ___________ ______ ___________ _______ _
Florida ______ _____ __ ________________ __ ___ ___ ___ _______ _____ ___ _
Georgia __ __ ___ ________ _____ ________ ____ ___ __ ___ ______ __ __ __ __ __
Idaho ______________ ________ ___ _______ ______ ___________________ _
Illinois __ _____ __________ ______ ______ ______ ____ ________ _____ ___ _
Indiana _____ __ __ ___ _______ __________ ______ __ _____ ____ ___ _____ __
Iowa ____ ___ ___ _______ __________ ____ __ ___ _____ __ __ ____ ___ _____ _
Kansas __ _____ ________ _____ ___ _____ ___ ___ ___ ___ ________ __ ____ __
Ei~tsi~!r-_
-_ ~ =:::: ::::::: ::: ::::::::::: ~: ~ ~ ~ ~ ~::::: :::=: :::::::
1\1 aine __ ___ __ _________ ______ - - ___ --- --- ----- --------- ----- ----M aryland __ __ _____ _______ __ ____ ______________ _____ ___ ___ ___ __ _
Massachusetts _______ ______ _________ __ ________ ___ ___ __ ___ _____ _
Michigan ____ __ ___ __ ____ ___ ___ _____ _______ __ ____ _______ ___ ____ __
Minnesota ____________ ___ ____ _______ ____ _____ ___ ___ _______ ___ __
~l~~~~~f-~_____________
~~= =::::::::::::::::::::::==~:=
Montana
________ __ _______ ___:::::::=:::::::=:::=::
_______ ____ __ ___ __ __ _
Nebraska _________ ____ _____ _____ ______ ____ _____ _________ _____ __
Nevada __ _________________ _____ ______ ___ __ __________ ______ ____ _
New Hampshire __ _____ _______ _____ ______________ ___ ________ ___
New Jersey ___ ____ ________ ______ __ ______ _________ __ _________ ___
New Mexico ______ ___ _______ __ __ __ ____ _______ ______ ____ ___ __ ___
New York __ __ _____ __ ____ ____ ________________ ___ __ _________ __ __
North Carolina ____ ____ __ ______ ______ ___ _____ ____ ____ _____ ____ _
316
:39
31.5
429
132
80
3
104
151
287
100
1, 270
509
880
299
380
376
117
158
144
9,57
'159
257
625
99
462
37
18
387
31
429
247
21
1.59
4
20
171
13
19
181
6
81
4
34
3 -- --- -- -- 14
39
120
10
162
16
54
4
721
109
32
309
544
41
28
195
15
194
26
158
42
9
15
92
6
68
118
504
32
321
15
144
53
368
57
5
49
245
15
4
13 ---------171
20
3
20
223
29
13
133
138
16
158
162
75
30
3
25
110
146
50
612
277
503
167
179
132
33
77
62
386
289
129
315
52
196
11
13
151
17
194
120
~
$13,995,042. 74
2, 061 , 300.00
27,808,040.66
128, 652, 870.24
5, 528,043. 50
19, 998, 217. 73
257, 000.00
31, 225, 001. 41
8,959, 397.83
13,154, 675. 00
6,059,856. 72
220,983, 186. 24
48, 179,374.00
63,025, 367.33
8,889, 029. 24
20, 780, 857. 60
124,585,168.68
61, 827, 134. 02
66,294,405.96
68, 401,848. 32
479,275,690.21
13,889,526.26
18,463,259.36
62,981,502.84
3, 120, 987. 51
8,095,800.43
8,242, 232. 49
1,794, 000.00
89,897,892.30
2,032,773.54
121,379,215.93
39,322,626. 47
Amount disbursed
Amount outstanding as of
Dec. 31 , 1940 31
0
~
~
tr:l
- - - -$3, 894, 041. 75
187, 048. 27
5,828,689.39
8, 773, 571. 08
1,147, 426. 81
2,569, 703.55
8,000. 00
3,022, 536. 01
3,938, 182. 78
2,866, 075.38
801 , 733.85
34,893,155. 94
9, 768, 41 8.87
8, 550, 461. 07
1, 911, 083. 44
3,451,468. 31
34,682,529.11
7,880, 254. 21
9,178,745.12
8,717,853.35
97,451,363.68
3,555, 582. 54
2,615,628. 19
22,128,918.27
405,874.04
1,516,286.03
846,599.74
356,139.92
16,026,352.78
617,776.26
20,684,322.70
10, 300, 829.87
$10,101, 000.99
$167,080. 66
1, 874, 251. 73 __ ______ __ ___ _____
21,971,327.96
703,998.42
119,879,299.16
20, 494. 78
4, 380,616. 69
2,568.77
17, 428, 514. 18
393,854. 11
249, 000. 00 __ __ ___ ______ __ ___
28,202,465.40
353,000.00
5,021,215.05
159,282.49
10,288,599.62
502,585.67
5, 258, 122. 87 ______ ___________ _
186, 083, 630.30
44,113,476.79
38,410, 955.13
163,213.19
54,474,906.26
10, 871.41
6,977,945.80
38,342. 04
17, 329,389.29
36, 019.95
89,778,901.15
15, 166,890.64
53,946,879.81
65. 81
57,115,660.84
677,339.97
59,683,994.97
3,541, 179.32
374,277,248.59
40,891 , 296. 30
10, 333,943.72
25,072.15
15,847,631.17
98, 604.04
40,852,584.57
1,215, 672. 35
2,715,113. 47 -- ---- -- -- - - ---- -6, 579,514. 40
175,313.36
7, 395,632.75
54,346.29
1, 437, 860. 08 __ ___ ___ . ___ ____ __
73, 871, 539. 52
2,860,819.69
2,000.00
1,414,997. 28
100,156, 893. 23
7, 475,411.83
25, 098. 40
29,021,796. 60
0
0
z
U2
r-,
~
d
0
~
~
0
z
~
~
z
z0~
tr:l
8
~
~
0
~
>
~
0
z
,..:,,J
~
~
-.J
C)l
I
~
~
....I
North Dakota ___ ________ ___________ ___ ___ __ ___ . _____ __ ____ . ___
186
5:H
-··
•
·
Ohio ____ _-- -- - -- - - - -- - -- - -- -- -- -- -.. -- - -- - - --- - -- - -- - - 312
Oklahoma _____ __ __________ _____ _____ ________ ____ ___ __. ___. ___
229
Oregon ___ _______ ___ ______ _____ ___ ____.. ___ ____ __________ ___ ____
1, 125
Pennsy Ivania._. __ _. ___ _____ ___ ___ _. __ . . _. _________ ____ . __ .. __ . _
R hocte Island __ _. _. __ ____ __ . _____ __ - __ . ___ __ ___ ___. ____ . _. _. - . _
119'
South Carolina . _____ ___ __ __.. _. _____ ___.. _____ ______ ___ ___ _____ _
277
South Dakota ______ ______ ______ ____ __ _____ . ____ ______ ___ ______
433
Tennessee __ ___ __ ________ ____ _____ - - - - -- _- -- - -- - - - - - - - - - - -- - - -530
-- --- - - - . - - -- - .. - -- - - -- - -- - - - - Tex as ___ ______ ___ - ___-- - -- - --...- -__--___
________ ___ _____ ___ _____ __..
95
Utah ____ __ __ ________ __ . ___ .
\If{
....,_
Vermon t. __ . ___ . _. ___.. __ ________ ______ ________ _. ___ __ ___ _____ __
235
Virginia _____ __ ___. ____________ ___ . - _____-.. __ -- -- - - - - - - - - - - -- . .
:!91
Was hin gton . ______ ___. _ ___. __ ______ ____ __ __ ___ __ __ _____ ______
:~oo
W est Virginia ____ __ _____ ___ ___ ___ __ ___ _____ __________ _______ ___
735
\ VisconsirL __ . ___ ______ ___ ____ _________ ___ ___ _. __ _____ ____ ___ _
41
_
_
___
____
-----------------,vyornin g _____ . ·- - --- -2
A las ka .. ____ _. __________ ___ ___ ____ _______ ___ _______ _____ ___ ___ _
2
ll aw aii. _. _. _. _______ . ____ ____ ____ ____ . _. __. __. ______ __ __. - - . 7
Puerto Ri co ______ ..... _. ___ ___ __ __. ____ _. _. ____._ __ __ . __ _______
- -Total ______ _______ ___ _____ _____ ___ __ ____ _____ ____ _______ _
15, 840
125
8
18
166
17
155
58
507
l
18
2 - -- - -- - - -2 ----- -- - -5 ------- - --
109
269
133
81
530
2
54
147
198
258
56
37
117
148
138
449
17
2
2
5
1, 036
7, 580
113
ao2
4
33
14
147
rn
94
70
600
2 - --···-- -- 7
61
18
165
21
219
19
277
2
58
37 ----- - - -- ··-
8,616
1, Oi9, 678. i0 1
8,212,878. 73
95, 241, 639. 72
392, 051, 182. 3~
1,527,452.81
5,145,324.53
I, 856, 700. 93
10, 156, 801. 13
52,001,012.41
219,337,659.65
260,160.26
1,911,855.76
2,917,790.92
23,771,946. 13
1,184,120.76
5, 458, 591. 56
6,456,646.67
73,117,431.50
5,416,436. 39
37,479,766.21
2,482,932.46
9,336, 387.52
2, 218, 289. T,
11,314,096.63
3, 380,989. 68
20,350,808.67
13,010,620.41
42,679, 179.91
3,685,000. 57
25,089,355. 84
11 , 688, 326. 50
43, 097, 711. 89
290,041.53
1,486,574.42
100, 000. 00 ___ ______ ___ __. _. .
14, 103. 00
850,000. 00
372,694. 25
2,703,000.00
2,723,411,877. 01
533,661, 290. 05
300,479. 86
i, 133,200. 0.1
288,261,176 . 64 -- · --- ---- ------37,357. 45
3,617,871.72
3,675.0 2
8,300,100.20
l, 801, 282. 67
lfi6,8H7, 147.24
140, 651. 12
1,651,695.50
998,574.7 9
20,854,155.21
192,913.4 2
4, 274,470.80
1,726,741.36
66, 660,'i84.83
4,149,643. 29
32,063, 329.82
177, 7:35. 18
fi, 853,455.06
9,095, 806.86 --- - -- ·- - - - -- - - - - 54,164.0 4
lfi, 969,818.99
1, 164, 5i4. l 3
29, 668, fi59.50
21'1 , 010. 39
21,404, 355.27
8, (i41. 8 7
!{I , 409, 385. 39
1,196, 532.89 - - - - - ---- -- -- -- - 100,000.00 - - -- - - - -- - - - - - - - 835,897 . 00 ·•-- - -- - -- - -- ----845,305.75 - -- -- - ---- - -- · - --
--
2, 1,0, 424, 481.28
129, 847.343.0 2
;o
~
"'Cl
0
~
8
0
>:rj
~
t._:t:j
0
0
z
w
y
~
c
~ee footnotes at encl of report.
u
~
~
0
'./,
~
~
z:,:...
%
0
::_Tj
CJ
0
~
'""j
0
~
;...~
~
0
~
t--.J
Ot
26
REPORT 01!-, 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, 1940, inclusive, by
States 27-Continued
TABLE
BANKS AND TRUST COMPANIES-Continued
LOANS TO OPEN BANKS AND TRUST COMPANIES
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
State
Number
ofauthorizations
Numberof
banks
and
trust
companies
Amount authorized
Amount withdrawn or canceled
Amount disbursed
Amcunt outstanding as of
Dec. 31, 1940 31
---Alabama ____ __ _ ----- - Arizona ____ ____ __ __ _. ___
Arkansas ____ ________ ___
California ___. __ __ -- - - - Colorado __ ______________
Connecticut_ _____ ______
Dela ware ____ _ . ____ ___ __
District of Columbia ____
Florida ___ __ ____________
Georgia ___ ______________
Idaho __ ____ ___ __ ________
Illinois ____ ______________
Indiana ___ ____ __ _____ ___
Iowa __ ___________ ___ ____
Kansas __ _______ ___ _____
Ken tu ck y ____ __________
Louisiana ___ ___ ____ ____
Maine ____ ____________ __
Maryland __. ___ __ ____ __
Massachusetts ______ ___ _
Michigan _______________
Minnesota ______________
Mississippi _____________
Missouri__ ______________
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 ________________
v·1rg1n1a
.. ________________
W asb ington _______ _____
West Virginia ___________
w·ISCOnSIIl
. ___ _______ __ __
w yommg
. _______________
Alaska __________________
Hawaii_ ____ .. ___________
Puerto Rico ____________
246
24
2321
334
81
74
3
61
59
210
81
661
271
654
184
284
321
60
115
75
504
419
211
427
85
321
25
17
266
24
226
166
110
278
232
192
614
2
62
166
355
415
67
73
198
316
175
569
32
2
2
5
105
12
130
144
58
30
3
24
42
105
45
393
185
433
120
151
128
23
68
38
302
239
114
262
48
144
9
12
128
13
131
88
77
181
93
76
334
1
33
101
177
221
40
31
106
133
93
395
13
2
2
3
$7,713,930.28
$808, 371. 06
1, ,596. 800. 00
2,250. 00
16,742,188.05
1, 783, 123. 16
111,337,704.09
5,625,444. 09
3, -588, 593. 30
705,455.48
16,667, 217. 73
1,894,469. 07
257,000.00
8,000.00
14,560,660.06
485,587.62
2,136,025.56
193,370.48
7,931,679.52
595,200.96
2,431,456. 72
437, ,527. 12
153, 193, 291. 21
14,636,023.62
20, ,560, 071. 28
2,474,790.69
44,193,665.13
5, 107, 729. 05
5, 192, 329. 24
716,796.00
10,592,496.37
572,921.92
72,553,601.47
22,286,785. 28
18,145,157.52
3,706,203.05
52,526.345. 68
6,848,983. 31
32,683,000.00
3,633,742.81
109, 457,862.07
28,811.892. 34
8,120,679.13
613,422.82
10,942,299.42
1,059,626. 24
45,366,775.47
17,743,212.73
1,981,787.51
175,253.27
4,044,695. 16
323,838. 83
5,037,667.92
114, 000. 7,5
1,294,000.00
3lo, 542. 23
56,934,402.39
4, 117, 430. 04
1,154,300. 00
478,622.64
59,145,679.10
6, 414, 538. 49
24, 105, 974. 99
3,861,672.92
5,571,534.75
147,682.90
123,632,925.80
24,063,555.67
2, 114. 103. 38
96.584. 08
6,185,080.88
1,166,010.54
86,675,095.03
4,998,934.09
500,000. 00
4,375.00
13,859,502.83
994,271.84
2,913,859.00
82,903.41
54,863,412.18
4,859,433.25
24,579,724. 80
3,601,352.65
4,648,112.00
58,830.31
1,933,489.06
9,964,296.63
2, 056, 771. 47
12,830,608. 67
19,584, 293.90
9,673,913. 91
348,239.92
11,842,215.68
29,363,984.76
5,423,020.26
1,301,074.42
104,541.53
100, 000. 00 ------- ------- -14,103.00
850,000.00
1,218,000.00
372,694.25
-- - Total _____________ ·
10,586 5,839 1. 334, 787, 161. 08
See footnotes at end of report.
196,553,541.81
$6,905,558.62
$123,149.69
1, .594, 550. 00 --- -- -- -- - -- · - - 14,959, 064.89
142,578.4 2
105, 712,260.00 ---------------2,883,137.82
2,508. 77
14,772,748.66
393,854.11
249, 000.00 ---- -----------14,075,072.44
115,000. 00
1,942,655.08
31, 751. 94
7,336,472.56
365,876.99
1,993,929.60 --------.----- - - 138, 557,267.59
42,690,077.88
18,085,280. 59 ------ --- ----- -39,085,936.08
6,225. 76
4,475,533.24
35,081.39
10,019,574.45 -------- --- ----- 50,266,816.19
1, 243, 114. 19
14,438,954.47
65.81
45,677,362.37 ----------------29,049,257. 19 ---------------80,645,969.73
6,016,233.62
7,507,256. 31
4,359.99
9,882,673.18
32,467.81
1, 051, 715. 37
27,623,562.74
1,806,534.24 ---------------3,720,856.33
62,333.94
4,923,667.17 ---------------977,457.77 ---------------52,816,972.35
776,756.94
675,677.36
2,000.00
52, 731,140.61
5,901,538.42
20,244,302.07
25,098.40
5, 423, 851. 85
36,847.35
99,569,370.13 ---------------2,017,519.30 ----------- --- -5,019,070.34
3,675.02
81,676,160.94
145,819.85
495,625.00 -------------- -12,865,230.99 -------------- -61,277.73
2, 830. 955. 59
1,651,758.41
50,003,978.93
1,384,184.06
20,978,372.15
4, 589, 281. 69 ---------------8, 030, 807. 57 --------------- 40,585.08
10,773,837.20
9,910,379.99 ---------------217,010.39
11,493,975. 76
2,594.33
23,940,964.50
1,196,532.89 ---- -----------100,000.00 ---------------835,897.00 ---------------845,305.75 ---------------1, 138, 233, 619. 27
62,565,601. 66
REPORT OF RECONS'l'RUC'l'ION FINANCE CORPORAT'ION
27
4.-Nurnber of authorizations and borrowers, to whi"ch authorizations were
made; and amount of authorizations, withdrawals or cancelations, disbursements,
and amount outstanding, from Feb. 2, 1932 , to Dec. 31, 1940, 1·nclus£ve, by
States 27 -Continued
TABLE
BANKS ..\.ND TRUS'l' COMPANIES-Continued
LOA~S TO AID IN THE REORGANIZATION OR LIQUIDATION OF CLOSED BANKS AND TRUST COMPANIES 36
State
Number
ofauthorizations
!Numberof
banks
and
trust
companies
Amount authorized
- - - - - - -·- - - - A labama. _______________
A rizona_ . ______ _________
A rkansas _______________
California __ ___ __ . ___ . __ _
C olorado ________________
C onnecticu t. ________ . __
D istrict of Columbia ____
Florida ___ __ ____________
G eorgia ______________ __ _
I daho __ _________________
I llinc,is ___ ___ ____________
I ndiana _________ _. ______
I owa __________________ __
K ansas _______ ___ _______
K entucky ___ ___ _. ______
___ _______ _____
Louisiana
M aine __________________
M aryland ___ . __________
M assachusetts __ ___ ___ . _
M ichigan ____ . _______ . __
M innesota ______ ___ _____
M ississippi _.. __ ____ . ___
M issourL .. __ . __________
M ontana _______ ________
N ebraska _______________
N evada_ .. _. __ _. _. __ ____
N ew Hampshire. _______
N €W Je~ey _____________
N ew Mexico ____________
N ew York ______________
N orth Carolina. _______ _
N orth Dakota __________
0 b'10 _____ _________ ______
0 klahoma. ___ __________
0 regon _________________
p ennsylvania ________ __.
Rbode Island __________ _
south Carolina ... ______
south Dakota __________
T ennessee ______________
70
15
83
95
51
6
43
92
77
19
609
238
226
115
96
55
57
43
69
453
140
46
198
14
141
12
1
121
7
203
81
76
253
80
37
511
5
57
111
78
115
28
54
8
41
37
23
4
15
78
57
9
328
124
111
75
43
30
19
24
30
202
82
30
106
9
101
6
1
43
7
92
45
36
121
54
18
266
l
28
64
42
56
18
6
19
33
62
Amount disbursect
Amount outstanding as ot
Dec. 31, 1940 31
- · -- - - ·- - -- - - - - - - - - - -
$6, 281, 112. 46
$3,085,670.09
$3,195,442.37
$43,930.97
279, 701. 73 ------- - ------ - 464,500.00
184,798.27
11,065,852.61
4,045,566.23
7,012, 263.07
561,420.00
17,315,166. 15
3, 148,126.99
14,167,039.16
20,494.78
1,497,478. 87 ----------- -- - - 1,939,450.20
441. 971. 33
675,234.48
3,331,000.0C
2,655, 765.52 ---------- - --- -16, 664, 341. 35
2,536,948.39
14,127,392.96
238,000.00
6,823,372.27
3,744,812.30
3,078,559.97
127,530.55
5,222,995.48
2,952, 127.06
2,270.868.42
136,708.68
3,264,193.27 --- -- -- --------3,628,400.00
364,206.73
47,526,362.71
1, 423, 398. 91
67,789,895.03
20,257,132.32
163,213.19
27, 619,302.72
7,293,628.18
20,325,674.54
15,388,970.18
4,645.65
18,831,702. 20
3,442,732.02
2,502,412.56
3,260.65
3,696,700.00
1,194. 287.44
7,309,814.84
36,019.95
10, 188, 361. 23
2,878,546. 39
13,923,776.45
39,512,084.96
52, 031,567.21
12, 395, 743. 83
4, 174, 051. 16
39, 507,925.34 - -- ---- - - ------43,681,976.50
677,339.97
11,438,298.47
13,768,060.28
2, 329, 761. 81
3,541,179.32
30,634,737.78
35,718,848.32
5,084,110.54
34,875,062.68
293,631,278.86
68,639,471.34
369,817,828.14
20,712.16
2,826,687.41
5,768,847.13
2,942,159.72
5,964,957.99
66,136.23
7,520,959.94
1, 556, 001. 95
163,956.98
13, 229, 021. 83
17,614,727.37
4,385,705. 54
908,579.23 ---- - --------- -1,139,200.00
230,620.77
112,979.42
2,858,658.07
1, 192,447.20
4,051,105.2i
54,346.29
2,471,965.58
732,598.99
3,204,564.57
460,402.31 ---- - --- - ----- - 39,597.69
500,000.00
2,084,062.75
21,054,567.17
11,908,922. 74
32,963,489.91
739,319.92 ---------------139,153.62
878,473.54
l,5i3,873.41
47,425,752.62
14,269,784.21
62,233,536.83
8,777,494.53 -------------- -6,439,156.95
15, 216, 651. 48
263,632.51
1,709,348.18
931,995.80
2,641,343.98
188,691,806.51 --------- --- -- -71, 178, 084. 05
269,018,256.57
37,357.45
1,600,352. 42
1,430,868.73
3, 031, 221. 15
3,281,029.86 --------- ------ 690,690. 39
3,971,720.25
1,655,462.82
85,190,986.30
47, 002, 078. 32
132,662,564.62
140, 651. 12
1,156,070.50
255,785.26
1,411,855.76
998,574.79
7,988,924.22
1,923,519.08
9,912,443.30
131,635.69
1,443,515.21
1,101,217. 35
2,544,732.56
74,982.95
16,656,805.90
1, 597, 213. 42
18,254,019.32
2,765,459.23
11,084,957.67
1,815,083.74
12, 900, 041. 41
177,735.18
2,264,173.37
2,424,102.15
4,688,275.52
1,064, 999.29 ---------------284,800.71
1,349,800.00
13,578.96
6, 195, 981. 79
1,324,218.21
7, 520, 200. 00
1,164,574.13
19,758,179.51
3,336,706.50
23,094,886.01
9,910,379.51 ----~--------- -3,336,760.65
13,247,140.16
6,047.54
7,468,420.89
6,265,306.24
13,733,727.13
185,500.00 - -------- --- ------ ---------------185,500. 00
1,485,000. 00 --- -- - ---------- -- ---------------- -- -- ---------- --
T exas ___________________
u tab _____ ______________
13
V ermont __ __ ____________
V irginia ___ _.. __ ... _. ___
37
w ash ington. _. _... _____
75
125
w est Virginia. __________
wisconsin. _____________ 166 112
w yoming __________ . _. __
9
5
p uerto Rico ____________
2
2
- -Total _____________ 5,254 2,777 1,388,624,715.93
See footnotes at end of report.
Amount withdrawn or canceled
337, 107, 748. 24
1,032,190,862.01
67,281,741.36
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 Dtc. 31, 1940, inclusive, by States 27 -Continued
~
00
BANKS AND TR US T C OMPANIES-Continued
TOTAL-- LOANS ON AND SUBSCRIPTIONS FOR PREFERRED STOCK, AND PURCHASES OF CAPITAL NOTES OR DEBENTURES, OF BANKS AND TRUST COMPANIES
~
~
~
[Under the act approved Mar. 9, 1933, as amended]
0
~
Net numNumber
Number of banks
Less:
ber of
of author- and trust Duplica- banks
izations
comtions 30 and trust
panies
companies
State
r-:1
Amount authorized
?ct~~~~ia _: . : : : : ·: : : : : ~ ~ : ~ : : : : _: : : : : : : : : : _-: : _: : ~ ~ -: : __ : : : : - - ·
minois - -- -- - - . -. -- -- . -- - - - . - - . - -. -. - -. - . - -- - -.. -.. - - - - . . - -- -- . l n di an a ... _. __ _. ___ . _. ___ __ __- . - __. . - - . - - -- -- . - - - - - - . - -- - - - -- - lowa ___ ___ ____ __ _______ __ ______ . __ ___ . -. - - _- -.. -- -... -- -- - . -- - Kansas __ ______ _... _. _.. _____ - - . -. -. --. - -- - - - -. - - - - - - - - - - -- - - - -
t;~i
~y~~r.-.~ ~::::::::::::::::::::::::::::::::::::::::::::::::::
Maine . __ __. ___ ___ . ... _-- - - .. - - -- - - - -. - -- - - .. . - - - - - - - -· - - -- -- - Maryland ____ ···-·······-··· -·- -··-·-·-· ·· -- ······•- ···•··---·
Massachusetts _____ · ··· ·--·- · ··----·-··· ·---····-·•----·· --····
Michigan _. . ____ ._._ . ____ __. . .. .... . . _.. _..... . -.. .. . . - - - - -.. -Minnesota _· · ·· -·- ·····•·-·- -· - --- -· ···-·- · ······ · --·· ··-··-
~}~~~s~~)~~~:::::::::::::::::::::::::::·-·····•·••-····-·-: --·:
Montana .· -- -· · ····· ·· ··· ·· -· - ---- · -- ---- - -····· ·--· ···-· · ··· ·
Nebraska _·· -·· ·- -·-• ·- -·····- - -·· --· · ···- ······ ·• ·-- •· ···-··-Nevada ___. .. _... . . . .. .. _............ . ... .. ... . . _... -........ __
New Hampshire .. ... ·--•- -·· ···· --·· ·-··········- -- -· -·-· ··- -·
~:: ~~s:i~o::::::::::::::::: :::::::::::::: ....... -- ----· ···· -·
New York . .... .. ·- ·· ·-····· · ·-------·--- --···· - ------ ··----- -North Carolina ___ · -- ·---- · -·---·--- --- --- -··-•-- -·------ -----North
_· .--·-•-•
··---·-· ----- -·-._.
· - _____
-- - -· __
----- ---Ohio __ .Dakota
____ . ______
____
_____
____
__ -______
___ _____
__ ____
__
98
ti
139
154
63
S7
15
9
t.i5
lUl
:15
:.!titi
:347
158
2:12
145
205
46
80
94
224
319
290
284
80
796
4
16
362
25
724
148
155
461
85
u . -. . ---.
133
142
59
43
14
-
7
78
ti
ti
4
- ... - - -
l
l:l7
138
59
42
14
8 -. -- . . - . -
~
·"i
'l
4ti
I
.,
l8
53
96
29
~561
:i08 . . _____ . . .
154
I
:l2 l . __ _. ___ . _
136 _____ ____ .
201
81
45
4
il
3
76 _____ ___. _
207
2
290
8
288
129
254
1
79
19
212
51
4 ------ - ---
16 ________ __
278
30
22 -- --· - ---628
96
142
1
143
2
438
3
\:}5
:l54
:!08
153
221
136
120
41
68
76
205
282
159
253
60
161
4
16
248
22
532
141
141
435
Amount dislmrsed
Amount outstanding as of
Dec. 31, 194031
0
~
~
·-- - - - -l -- - - - 1- - - - - 1- - -- - 1 - - -- - 1 - - - - - -- - - I
Alaballlu __ ________ _____ _- -- - -- - - -- - - -- -- -- - -- - -- -- - -- - -- - - - Arizona _ __ _____ __ _. __- _- _- _-- --- -- - - - -... - -- - -- - - - - -- - - - - - - - Arkansas . __ _. . ____ ___. - __ - - - -- - -.. . -- . - . - - - -- -- -- - - - -- - - -- - California ._. . __.. . . _.. ___ . _. . . . . __ . __- . ____ __- _.. - - . . -. -.. - . - . Colorado _. . _. . .. _. ____ - .. - -. . -.. . - -.. -. -. --- -. -. -- - - -- - - - - - - Connecticut ____. ___ _. . _. . . - -- . - ..... . -- . . - - -. -. . - . --- - - -- - Delawarf' _ . _ . __ . ___ _.. _..... __ . . .. - . - . - -. _- - - -- . . -. - - .. .
. . ut· C'_., ol um b ia
. .. . . _ ~.. . . .. _ ... ... - . - . - . . . . - . ... - - . . - .
D 1st~1ct
Florida __
. __ _.... . -- .. . .. . - - . . - -- - - . -- - - - -- · - - -- -·
Amount withdrawn or canceled
- -- - -
-I
$16, 49:{, 200
$289, 625. OU
2,455,000
25,000. UO
5,365,500
Y46,500. 00
108,423,070
12,393,845. 00
5,040,000
146,500. UO
8,609,800
1,417,674. 00
~.680, 000
:l. 112,700. 00
5,200,000
~.300,000.00
i,332,200
131,000. 00
5, 897, 500
I, 062, 000. 00
2, :335, 000
:l0.5, 000. 00
~1.5, 044, 500
:.!, 048, 385. 83
18,839,250
1,873,000. UU
1:l, tif,5, 000
2, 402, 000. 00
6,049,250
776,500. 00
11,382,500
2,~02,65QOU
16,607,000
1,060,000. 00
11,173,000
2,0t7,500. 00
11,808,130
2, 059,960. 00
20,031,000
3,356,800.00
43,965,100
3,239,839.00
18,386,125
704,600.00
15,718,150
1,055,000.00
25,928,300
4,893,375.00
4,214,000
183,500.00
9,608,300
970,250. 00
205, 000 __ . ___ _____ __ . ___ .
1,398,000
611,365.00
106,101,800
9,540,283.93
1,077,500
362,500.00
413,006,200
75,631,540. 84
8,182,500
694,000.00
4,534,500
490,000.00
100,565,764
7,133,527.00
trl
------1
$16, 203, 575. OU
2,430,000. 00
4,419,000. 00
96, 029,225.UO
4,893,500. 00
7, H/2, 126. 00
5fi7,300. 00
2,900,00U. 00
2,201,:.!00. 0U
-1, s:15, 500. oo
:l, 130,UOU.00
91, 73 I , ll 4. l 7
I ti, 906, 250. OU
10,2!>3,000. 00
5,272,750.00
9, 079,850. 00
15,547,000. 00
9,125,500.00
9,348,170.00
16.674,200. 00
40; 725,261.00
17,378,525.00
14,663,150.00
21,034,925.00
4,030,500. 00
8,623,050. 00
205,000. 00
786,635.00
96,461,516. 07
715,000.00
330,920,659.16
7,488,500.00
4,044,500.60
93,432,237. 00
$7,121,484.57
I, 190,400.UU
2, L07, 580. 31
t"i:i, 830, 3Y8. 81
l, 1>41, 950. 00
.'i, 100, 451. 00
203,800. 00
I, 587,800. 00
773, 661. Oti
2, :n9, 839. oo
I, 095, 200. 00
7,715,666.87
8, 798, 710. ()(
2, 822, 735. 0(
2, ti.54, 397. 44
5,335,766.37
5,410,767.50
4, 896, 610. 14
6,298,425.90
6, 689, 950. 00
23,478,336.04
3, 952, 951. 53
6,069,622.50
5,610.658.41
575,630.00
1, 500,160.84
12,500.00
260,135.00
79, 416, 923. 70
457,000.00
67, 409, 115. 47
3,602,300.00
1, 685,155.93
43,004,400.29
~
0
~
r.1.-
~
~
("'.;
s
.,
~
0
~
~
1-,
z~
z
0
t.:r.:l
a
0
~
~
0
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8
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Oklahoma . _____ __ _______ - -___ ________ - __ _. -- - - _- - - -- - - - -- - - - -Oregon __. ____ __ _____ . ___ __ ___ ______ ____ ___ _____ __- - - - - ___ - _- __
Pennsylvania __________ ______ _____ ________ ___ . ______________ ___
Rhode Island __ ___ ___ _________ ___ _____ - ____ . __ _. __ - _- _- _- - . - -- South Carolina _______________ __ __ _____ ________ ___________ ___ _
South Dakota __ __ ___ ______ ___________ ___ __ ____.. ____ ____ ____ __ .
Tennessee __ ____ __ ___ ____ ___ ___ ______ ____ -- _____ __- ___ __- ___ - __
Texas __ . ____ ___ ____ _______ ___ _______. _____ . __ _____ _____ __. ___ __
U tab ____ -- . - -- . . - . -- - -- - - - -- - - - -- - - - - -- - -- -- - - -- - - -- -- - -- - - -- Vermont __________ ___________ __. ____ ___ _____ ___ ____ ____ __ ___ ___
Virginia ______________ ___ ____ . ___ ___ __ ___ __ ____ ____ ___ __ - __ _. __
Washington _____ __ ___ ___ ___ _______ __ __________ . _. ___ ____ . - __ __
-:::::::::~:: ::~: :::::::~~::: ::::::::~::: :::::~: ::
:T::o~~f~~~i~_
Wyo ming ___ _____ . ___________ ____ __. ______ ___ .. _____ _. __ ____ ___ _
Alaska ____ _____ ________ __ _____ ____ ______ __ ___ ___ ___ __ _________ _
Puerto Rico __________ _____ ___ ______ __ ___ _____ ____ -__ ____ _____ _
_____ _
Virgin Islands _______ __ __________ . __ _________ ___ ___ ______
0rand total
55 ___ ____ _ _ _ __ _ _ _ __ _ _ __ _ _ __ _ _ __ __ -- ·· - - -- - · --
82
fil
4fl3
5
46
143
138
467
45
62
177
118
105
529
31
1 - --
1
4
3
58
.">H ____ ___ _
(i
11
387
-------414 ______ ___ _
1
129
2
135
4
447
44 ____ ____ __
60 ________ . _
164
1
----112 - -- - - __
. __
95 _____
458
27
4
2
!1-- --- ---- i
1 -- - - - - - -- -
8, 703,- 7, 3601
52
!if)
4921-
376
4
41
128
133
443
44
60
163
112
95
454
25
1
3
1
6, 8681
357,000.00
11,301,000
350.000. 00
2,300,000
10, 276, 753. 50
56, 306, 850
201,500.00
1,100,000
160,000.00
2,946,800
84,000.00
4,522,100
1,662,500.00
14,221,550
5,190,625. 00
:36, 594, 750
315,000.00
4,360,000
17, 295, 000 __ ____ . . ..... ... __
2,093,350.00
i2, 788,000
1,732,000.00
8,246,500
534,933.34
6,996,000
4,727,900. 00
38,313,500
320,000. 00
1,687,500
37,500 ______ ___ ____ ___ -250,000. 00
l , 500, 000
126,000.00
251,000
1. 342,090, 189
1,298,501.07
10,944,000.00
542,900.00
1,950,000.00
33,018,273. 62
46,010,096.50
625,220.00
898,.500.00
1,374,900.00
2,786,800.00
1,345,833.54
4,438,100.00
9,085.982. 65
12,559,050.00
12,625,452.17
31,404,125.00
1,119,861.43
4,045,000.00
15,577,575.00
17,295,000.00
5, 221, 528. 75
IO, f>94, 6.50. 00
2,412,770.00
6,514,500.00
2,176,378.02
6,461,066.66
20,624,389. 17
33,585,fiOO. OO
622,200.00
1,367,500. 00
37, 500. 00 ____ ___ _____ ___ ___
290,000. 00
1, 250,000. 00
i19,000. 00
125,000.00
173,847,982.44: 1,166,685,206.56
482, 711. 249. 10
~
~
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0
~
~
0
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~
~
0
0
~
U.J
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Ser footnotes at end of report.
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0
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30
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, 1940, inclusive, by
States 27-Continued
TABLE
BANKS AND TRUS'T COMPANIES-Continued
LOANS ON PREFERRED STOCK OF BANKS AND TRUST COMPANIES
[Under the act approved Mar. 9, 1933, as amendcdJ
Number
ofauthorizations
State
Number of
banks
and
trust
companies
Amount withdrawn or canccled
Amount authorizcd
Amount outstanding as of
Dec. 31, 1940 n
Amount disbursed
-- -Alabama _______ __ _____ __
Arizona _____________ __ __
Arkansas ______ ________ _
Califom ia __ ___ __________
Connecticut_ __ _________
Florida_ ____ _______ ___ _
·Georgia ____________ ____ _
Idaho ___ __ _______ ___ ____
Illinois _____ ___ . __ . ___ ___
Iowa __________ __ _____ ___
Kansas ______ __ _____ ____
Maine __ ______ ______ _._ .
Mary Iand ________ ______
Massachusetts ________ __
Michigan ___ __________ _.
Minnesota ______________
M !SSissi {)Pi- - - -- -- - - - - - M lSSOUrL _____________ __
11ontana ___________ ____
Nebraska ___ ____________
New Jersey ___ ______ ____
New York ____________ __
North Carolina _____ ____
North Dakota __ ________
0 h io ____________________
Oklahoma ___ . __________
Pennsylvania __ __ __ __ ___
South Dakota _______ ___
Tennessee ____ ___ ___ ____
Texas _________________ __
Virginia _______________ __
West Virginia _________ __
Wisconsin ______________
Wyomin~- ---- - _________
Total_ __________ ._
3
1
1
6
12
1
2
5
1
1
3
2
$3,180,600.00
50,000.00
549,500.00
33,071,050.00
309,800.00
1-t:3, 800. 00
25, 000.00
25,000.00
12,500.00
50,000.00
28,000.00
573,000.00
30,630. 00
506,000.00
437,500.00
175,625.00
22,650.00
l,5-18,000.00
10,000.00
2, 811, 700. 00
4,929,050.00
2, 122, l.~O. 00
187,500.00
20,000.00
2,400.00
791,000.00
410, 550. 00
6, 100. 00
300,000.00
351,420.76
20,000. 00
200,000.00
83,000.00
115,000.00
1,122
273
53.098,525. 76
19
1
7
13
42
16
2
1
1
1
2
4
5
12
2
22
1
1
1
689
73
88
3
3
2
28
513
6
2
7
4
1
4
9
1
7
6
1
i
l
1
1
1
2
4
1
3
2
8
1
1
1
106
29
42
3
- - - --
---- - - --
-
$32,025.00
·- --- -- ---- - ----- --- -
3,062,950.00
160,000.00
1,000.00
- - - - - - ------ - ------------------------------- - ----------------
3,000.00
47,500.00
---- - -- ---- - -- - ----------- --- - -
,5, 300. 00
1,600.00
-- - - - --- ------ - -
$3, 148, 57,5. 00
50,000.00
549.500.00
30, 008,100.00
149,800.00
142,800.00
25,000.00
25,000.00
12,500.00
50,000.00
25,000.00
525,500.00
30,630.00
506,000.00
432,200. 00
174,025.00
22,650.00
$34,634.57
----- -- - ----- ---
166,030.31
27,332,493.81
------------- -- 16,761. Ot5
---- ---- ------------------------ ---- -------------------------- - ·• - - - - - - - - - - - •-
432,835.14
------- ------ - --
113,800.00
300,000.00
2,213.81
-
. ----- ---------
1. .548, 000. 00 ----- - -------- - --- ----------------
-- -- - -- ----- --- -- - - - -- - -- --- - -
10,000.00
2,563,000.00
3, 226,950.00
1,894, 200. ·oo
175,000. 00
20,000.00
2,400.00
526,500.00
383,450.00
6,100.00
300,000.00
51,420.76
15,000.00
200,000.00
83,000. 00
115,000.00
7,649,225.00
45,449,300.76
---- - - ------ -- - -
248,700.00
l, 702,100.00
227, 950. 00 ·
12,500.00
-- -- - - -- -- - -- - -- - - --------- -- --
264,500.00
27,100.00
- - - - - - ---------- - - - - ----------
300,000.00
5,000.00
- -- - - •· ----------
----- - -------- 266,310.84
451,510. 70
1,024,494. 96
-··- ----------- - -
15,000. 00
63. 29
10. 707.32
189, 17t. 28
2,298.11
71, 246. 39
1,931.24
----------------
-----·-------- - .
----- -- ------- - -
--------------------30,431,508.83
SUBSCRIPTIONS FOR PREFERRED STOCK OF BANKS AND TRUST COMPANIES
fUnder the act approved Mar. 9, 1933, as amended]
Ala barn a ______________ _
Arizona _______________ __
Arkansas ______________ _
California ____ __________ _
Colorado _____________ - Connecticut ____ __ __ ___ _
Delaware ______________ _
District of Columbia __ __
Florida ____ . ___________ _
G eorg1a
. ________________ _
Idaho ___ __ - - _- - - - - - - - --Illinois _______ _. ________ _
Indiana ______________ -- _
Iowa __ _________________ _
Kansas ________________ _
Kentucky _____________ _
L oms1ana
..
______________ _
Maine _________________ _
Maryland _____________ _
Massachusetts _________ _
Michigan ______________ _
Minnesota _____________ _
M 1ss1ss1pp1. . . . ___________ _
.M"lSSOUfl._______________ _
79
4
132
140
63
45
5
4
49
21
34
155
62
157
230
145
103
30
20
82
221
112
154
103
See footnotes at end of report.
76
4
126
135
59
42
5
3
46
20
28
149
61
153
219
136
101
29
16
73
204
106
152
93
$13,312,600.00
1,565,000.00
4,816,000.00
70, 352, 020. 00
5,040,000. 00
8,300,000.00
165,000.00
3,400,000.00
2,188,400.00
2,522,500.00
2,310,000.00
85,736,000.00
7,847,500.00
12,615,000.00
6,021,250.00
11,382,500.00
10,871,000.00
8,160,000.00
4,650,000.00
19, 525, 000. 00
42,827,600.00
14,106,500.00
9,315,000.00
11,033,800.00
$257,600.00
25,000.00
946,500.00
9,330,895.00
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
2,402,000.00
773,500.00
2,302,650. 00
425,000.00
1, 000,000.00
1,282,460.00
3,356,800.00
3,234,539.00
400,000.00
495,000.00
902,875.00
$13,055,000.00
1,540,000.00
3,869,500.00
61,021,125.00
4,893(,500.00
7,042,326.00
137,300.00
1,100,000.00
2,058,400.00
1,697,500.00
2,105,000.00
84,147,614.17
7,188,500. 00
10,213,000.00
5,247,750.00
9,079,850.00
10,446,000.00
7,160,000.00
2,967,540.00
16,168,200.00
39,593,061,00
13,403,500.00
8,820,000.00
10,130,925.00
$7,086,850.00
1,190,400.00
1,941,550.00
34,997,905.00
1,641,950.00
5, 100, 451. 00
12.2,30.0.00
692,800.00
756,900.00
776,500.00
1,095,200.00
4,527,645.00
2,598,770.00
2,822,735.00
2, 654,397.44
5, 335, 7f>6. 37
5,390,767.50
3,221,025.00
1,957,180.00
6,576,150.00
23,178,336.04
2, 330, 371. 37
6,037,122.50
2,931,425.00
REPORT OF RECONSTRUCTION FINANCE CORPORAT'I ON
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, 1940, inclusive, by
States 27-Continued
TABLE
BANKS AND TRUST COMPANIES-Continued
SUBSCRIPTIONS FOR PREFERRED STOCK OF BANKS AND TRUST COMPANIES-Continued
State
Number
ofauthorizations
INumber of
banks
and
trust
companies
Amount authorized
Ohio ___ - - - - - - - -- -- - - - - --
Oklahoma ______________
Oregon ______ ___________
p ennsylvania ______ __ ___
Rhode Island _______ ____
south Carolina _________
soutb Dakota __________
T ennessee ______________
T exas _________________ __
u tab __________________ _
\ 1 ermont_ _____ ___ ______ _
\ 7 irgin ia ________________
\ ;\: asbin~t~n; ___________
~ e~t Virg1ma ___________
V isconsiIL :-:. ~ __________
\ ~ 7 yo ming _______________
~laska __________________
p uerto Rico ____ ________
\ 7 irgin Islands ________ ..
'.'
Total
..
55 ___________
. .-
54
53
4
16
286
25
334
145
36
100
54
21
397
5
14
36
136
172
10
42
173
35
38
69
28
1
1
3
53
53
4
16
247
22
314
139
35
91
52
21
375
4
11
34
133
162
10
42
163
30
37
62
25
1
1
1
-- -4,438 4,174
Amount disbursed
Amount outstanding as of
Dec. 31, 1940 31
-----
- - ---
Montana __________ _: ___
Nebraska _______________
Kevada ______ - _-- - -- ____
New Hampshire ________
New Jersey __________ ___
New Mexico ____________
New York ______________
North Carolina _________
North Dakota __________
Amount withdrawn or canceled
$3,612,000.00
$173, 500. 00
$3,438,500.00
$476,630.00
6,022,500.00
672,550.00
5,349,950.00
786,000.00
205,000.00 ------ - -- -----205,000.00
12,500.00
1,398,000.00
611,365.00
786,635.00
260,135.00
99,822,750.00
7,088,183.93
92,634,566.07
78,365,413. 00
1,077,500.00
362,500.00
715,000.00
457,000.00
173,294,850.00
8,768,590.84
164,072,259.16
50, 561, 131. 51
7,995,000.00
681,500.00
7,313,500.00
3,602,300.00
2,470,500.00
40,000.00
2,430,500.00
382,700.00
38,294,364.00
1,686,027. 00
36,608,337.00
16,945,262.00
10,510,000.00
92,500.00
10,417,500.00
1,287,793.75
915,000.00
25,000.00
890,000.00
123,400.00
55,896,300.00
10,249,653.50
45,626,646.50
32,829,099.34
1, 100, 000. 00
201,500.00
898,500.00
625,220.00
1,660,000.00
90,000.00
1,570,000.00
968,000.00
2,973,000.00
25,00C.OO
2,948,000. 00
566,450.00
13,921,550.00
1,662,500.00
12, 259, 050. 00
9,014,736.26
26,740,329.24
3,140,125.00
23,600,204.24
9,592,389.24
1,590,000.00
265,000.00
1,325,000. 00
417,311.43
7,770,000.00 ------ - -- - -----7,770,000.00
6,145,575.00
10,679,6.tiO.OO . 5,221,528.75
12,768,000.00
2,088,350.00
4,520,000.00
1,430,000. 00
3,090,000.00
1, 784,!>50.00
3,365,000.00
119,933.34
3,245,066.66
442,500.00
1,445,400.00
16,996,000.00
15,550,600.00
9,634,400.00
1,572,500.00
320,000.00
1,252,500.00
622,200.00
37,500.00 ----- -- - - --- --- 37,500.00 ---------------250,000.00
250,000.00 --------- - --- -- -- - - - ------- - ------251,000.00
126,000.00
125,000.00
119,000.00
855,091,313 24
75,649,257 44
777,925,055. 80
356,208,122.50
PURCHASES OF CAPITAL NOTES OR DEBENTURES OF BANKS AND TRUST COMPANIES
[Under the act approved Mar. 9, 1933, as amended]
Arizona ________________ _
California ______________ _
Delaware ____ __ _______ __
District of Columbia ___ _
Georgia _____________ ___ _
Illinois _________________ _
Indiana ________________ _
Louisiana ____ __________ _
~Iaine _________________ _
Mary land _____________ _
~Iichigan ______________ _
Minnesota _________ ~ ___ _
Mi~issippi ____________ _
M issourL _~ ____________ _
Montana ______________ _
Netraska ______________ _
New Jersey ____________ _
New York _____________ _
North Dakota __ _______ _
Ohio ___________________ _
Oregon ____________ _____ _
South Carolina ________ _
South Dakota _________ _
Texas ___ _______________ _
U tab ___ ________________ _
Vermont_ ______________ _
Washington ___________ _
W~t Vifginia __________ _
W1sconsm _____________ _
Puerto Rico ____________ _
1
1
1
1
10
9
5
5
78
110
285
102
12
55
75
106
247
100
12
54
1
1
185
135
180
25
54
176
135
160
25
3
58
2
302
116
359
40
32
101
288
35
20
83
66
456
272
107
346
35
30
94
280
34
18
82
57
393
3
3
Total _____________ 3,143 2,913
See footnotes at end of report.
$840,000.00 - -- ----- -------5, 000, 000. 00 _____ _____ ___ ___
2,515,000.00
$2,085,000. 00
1, 800, 000. 00 ____ ___ ____ __. __
3,350,000.00
237,000.00
9,296,000.00
1,700,000.00
10,991,750.00
1,214,000.00
5,736,000.00
635.000.00
2,440,000.00
1,000,000.00
7,127,500.00
777,500.00
700, 000. OC _____ ___ ______ .. _
4,104,000.00
303,000. 00
6,380,500.00
560,000.00
13,346,500.00
2,442,500.00
592,000.00
10,000.00
774,100.00
49,000.00
1,350,000.00
750,000.00
237,589,200.00
66,635,000.00
2,044,000.00
450,000. 00
62,269,000.00
5,447,500.CO
1,385,000.00
325,000.00
1.286.800.00
70.000. 00
1,543,000.00
59,000.00
9,503,000.00
1,750,500.00
2, 770.000.00
50,000.00
9,525,000.00 ---c-----------3, 726,500.00
302.000.00
3,431,000.00 /
415,000. 00
21,234,500.00 1 3,282,500.00
1,250,000.00,----------------
$840,000.00 --- ------------5,000,000.00
$1,500,000.00
430,000.00
81,500.00
1,800,000.00
895,000.00
3,113,000.00
1,543,339.00
7,571,000.00
3,188,021.87
9,777,750.00
6,199,940.00
5,101,000.00
20,000.00
1,440,000.00
1,242,750.00
o,350,000.00
4,341,245.90
700, 000. 00 ___ ___. ___ _____ _
1,620, 366.35
3,801,000. 00
32,500.00
5,820.500. 00
10,904,000.00
2,679,233.41
582,000.00
99,000.00
447,850. 00
710,100. 00
600,000.CO
600,000.00
170,954,200.00
15,823,489.00
1, 594, 000. 00
1, 287, 455. 93
56,821,500. 00
26,059,075.00
1,060,000.00
419,500.00
1,216,800.00
406.900.00
1,484,000.00
777,085.43
7,752,500.00
3,031,128.69
2,720,000.00
702,550.00
9.525,000.00
9,432,000.00
3,424.500.00
627,820.00
1,733,878.02
3,016,000. 00
17,952,000.00
10,989,989.17
1,250,000.00
290,000.00
433. 900, 350. 001
343,310,850.CO
90, 549, 500. 00
-------------96,071,617.77
32
REPOR'l' 0~, 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, . 1982, to Dtc. 31, 1940, inclusive, by
States 27-Continued
TABLE
BANKS AND TRUST COMPANIES-Continued
EXPORT-IMPORT BANKS
Numberof
banks
and
trust
companies
~umher
of authorizations
Amount
authorized
- - - - - - -- ---- - - - - - - - -- -Loan to Export-Import
Bank of Washington,
under the act of Jan.
31, 1935,asamended 29 _
Subscriptions for preferred stock, under
the act of Mar. 9, 1933,
as amended:
Export- Import
Bank of Washington 29 ____ ___ " _ _ _ _ _
Second Export-Import
Bank
of
\V a s b i n g t o n ,
D. C. 29 _ _ _ _ _ _ _ _ _ _ _ _
1 ______
TotaL __________
Amount withdrawn or
canceled
$25,000,000.00 ____________ ___ _
$25,000,000.00
~25,000.000.00
i4,000,000.00
74,000,000.~
1
99, 000, 000. 00 ________ __ __ ___ _
1
1
2, 500, 000. 00 ____ ___ ___ __ __ __
2
Amount outstanding as of
Dec. 31, 1940 :; 1
------------1---------- - - - - - -
4
6j
Amount disbursed
2, 500, 000. 00 ___ __ _- - _______ _
-------
126, 500, ooo. ool-_________ _____ _
101,500,000.00
99,000.000.00
BUILDING AND LOANS ASSOCIATIONS
· LoA:-;S TO BUILDJ~r. AND LOAN ASSOCIATIONS (INCLUDINr. RECEIVERS)
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
ii
State
- - -- -- - - - - - -
A la barn a ____ __ ____ ______
Arkansas __________ _____
California ______ __ ____ ___
Colorado _____ ________ ___
Connecticut_ ______ _____
Georgia ___ __ ____ ____ ___ _
Illinois -- - - - - --- --- - -- - Indiana ________ ______ ___
Iowa . ________ ______ _____
K· a nsas _______ _____ __ __ _
Kentucky _____ _________
L oms1ana
. .
___ ___ ____ _____
Maryland ____ __ ________
Michigan ______ ___ __ __ __
~1innesota ___ _, ___ ______
Mississippi _____________
Missouri __ _____ ____ _____
Montana _____ ______ __ __
~ e vada ________ __ ______ _
New Jersey ____ __ _______
New York _________ ____ _
North Carolina ____ __ ___
North Dakota __ __ _, ____
0 b io _______ _______ ______
Pennsylvania ___ __ ____ __
South Carolina ______ ___
South Dakota ___ _____ __
Tennessee ___ ____ _____ __
Texas __ ___________ _____ _
Utah ____ ___ ___ __ _______
v 1rg1n1a
· .. __ __________ ____
Washington _____ _____ __
West Virginia _____ __ ___ _
" ' isconsin _____ __ _______
Wyoming _______________
Number of
authorizations
Number of
bor-
3
45
51
1
8
1
73
16
3
28
33
1
8
1
70
16
13
2
16
26
19
16
3
4
1
4
1
299
24
row-
Amount
authorized
Amount
withdrawn
or canceled
Amount dishursed
Amount outstanding as of
Dec. 31, 1940 31
ers
- - - - - - - - - - - -- - - - - - - - - - - - - - - -
Vi
2·
16
33
24
24
5
4
1
4
1
339
36
85
3
239
113
28
7
6
24
1
13
5
17
90
6
--
68
2
173
108
19
5
6
20
1
9
5
16
i5
2
Total _______ ____ __ 1,339 1,097
See footnotes at end of report.
$111, 000. 00
$110,188.04 ------ --- ------$811. 96
2,795,378.25
137,014.84
2,658,363.41 ---------------542,07i.85
9,990,134. 81
9, 448,056.96
$160,694.91
110,000. 00
106,736.94 ----- - -------- -3,263.06
49.242. 14
549,000.00
499,757.86 ---------------,5, 000. 00 - - -- -- - --------5,000.00 -- - -- --- ---- - --3,988,989.09
3,686,017.63
302,971.46
5,650. 04
1,683.000.00
1,660,820.60 -- --- ----------22,179.40
1, 132,800.00
25,110.25
1, 107. 689. 75 - - - -- ------ - -- -54,419.49
100,000.00
45,580.51
41,027.21
1,449,500.00
1,395,011.61 ------ - ----- -- -54.488.39
3,182,999.26
90,860.77
3, 2i3,860. 03
172,118. i3
2,628,126. 98
2, 470, 751. 57
157.375.41
149,290.36
2, 091,287.87
1, 869, 793. 18 ---------- --- --221,494.69
104,273.52 -- --- -------- --3,226.48
l0i.500.00
103,500. 00
95,997.22 ----- -- ---- ----7,502.78
2,230.27
250,000.00
247,769. 73 --- -- --- --- -- -- 235,536.22 - ---- --- -------78,068.78
313.605.00
85,000.00
55,000.00
30,000. 00 -------- ---- ---45,686,293.02
31,993.098.22
6,929. 194.80
2,400,334.41
9,267,159.38
7,306,024.52 - -- ------ ----- - 1,961 , 134.86
3,580,018.39
3, 504,149.45 ------------ ---75,868.94
155,000.00
151,977.25 ------ -- -------3,022.75
52, 178.834. 58
29. 631, 211. 18
22.547,623.40
54,450.00
321,144.08
5.528, 100.00
5.206,955.92
971,226.65
1,518,820.48 ------ - ----- - --1. 668, 049. 11
149,228.63
261,077.02
246,065.47 ------- - -------15,011.55
290,000.00
289,594. 85 ---------------405. 15
1, 718, 150. 00
1, 612,733.96 ---------------105,416.04
29,000.00 ---- - ------ -- --- - -- - - - ----- --- ---- -- ----- -- ------975,662.35
950,611.45 ---------------25,050. 90
849,000.00
158,408.76 ---------------690,591.24
1,626,000.00
1,610,318.88 ---------------15. 681. 12
8,784,788. 21
463,211. 79
9,248,000.00
170,282.03
732,138.99
83,472.88
872,507.57
143,104.30
164,700,533.45
35, 193, 396. 15
122, 657. 241. 60
4,268,178.64
REPOR1' OF RECONS1'RUCTION FINANCE CORPORATION
33
4.-Number of authorizations and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelati ons, disbursement
and amount outstanding, from Feb. 2, 1932, to Dec. 31, 1940, 1'.nclusive, by
Statls 27-Continued
TABLE
INSURANCE COMPANIES
LOANS TO INSURANCE COMPANIES
(Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
State
Number of
authorizations
Number of
b
orrowers
Amount
authorized
Amount
withdrawn
or canceled
Amount disbursed
Amount outstanding as of
Dec. 31, 1940 a1
- - - - - - - - - - - - - - - - - - - - - 1 - - - - - -1-- - - - - - 1 - - - - - - Alabama _______________ _
Arkansas ____________ ·__ _
Colorado _________ - _____ _
District of Columbia __ __
Florida __ ____ _______ ___ _
Illinois _________ _____ __ __
Indiana ________________ Iowa ___________________ _
Kansas ________________ _
Ken~1~cky _____________ _
Louisiana ______________ _
Maryland _____________ _
Michigan _________ _____ _
Minnesota _____________ _
M!5SiSSiJ?PL __ - - - - _-_- - M ISSOUfL ____ - _ - _ - _ - _ - __
Nebraska ______________ _
New Jersey __ __________ _
New York _____________ _
North Carolina ________ _
North Dakota _________ _
Ohio ___________________ _
0 klahoma _____________ _
Pennsylvania __________ _
South Carolina ________ _
South Dakota _________ _
Tennessee _____________ _
Texas __________________ _
Virginia __ _____________ _
W~t Vi~ginia __________ _
W isconsm _____________ _
6
4
3
4
1
1
1
1
2
27
10
24
7
2
14
6
13
7
1
1
2
6
16
2
2
2
10
2
3
1
6
14
10
6
17
7
2
6
6
5
9
5
2
4
3
2
6
5
3
1
2
1
4
3
9
1
2
2
12
1
3
2
$339,050.00
435,000.00
50.000.00
75,000.00
33,000.00
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
9,327,891.91
2,399,150.00
902,000.00
28,483,600.00
1,932,500.00
74,500.00
15, 865, 000. 00
275,000.00
1,816, 225. 47
504,000.00
50,000.00
711, 000. 00
4,170,731.66
385, 196. 62
736,990.77
60, 000. 00
TotaL ____________ ~,~ 104,439, 750. 19
$41,300. 00
$297, 750. 00
80,000.00
355,000.00
-- - ----- - -- --- -50,000.00
---------------75,000.00
- ---------- ----33,000.00
96,042.28
5,932,457.72
1,262, 021.45
3,235,978.55
102,290.84
3.550. 709. 16
87,983.34
334,016.66
1,000,000.00 - --------- -- --- --21,943.75
1,248,056.25
-------- -- -----13,985,000.00
609,394.50
4,207,519.26
6,000.00
22.500.00
_. __________ ___
112, 000. 00
713,317.15
8,614,574.76
401,663.56
1,997,486.44
88,500.00
813,500.00
1,086,357.04
27,397,242.96
112.50
1,932,387.50
5,000.00
69,500.00
7, 033, 661. 80
8, 831, 338. 20
1,950.00
273,050.00
744,325.47
1,071,900.00
---------------504,000.00
- --------------50,000.00
34, 125. 51
676,874.49
44,083.24
4,126,648. 42
10, 104. 37
37 5, 092. 25
276,363.58
460,627.19
________________
60,000.00
13,746,540. 38
90,693,209.81
····-------- - --$64,061.50
------------------- --------------------------93,891.22
---------------------- -- - ---- ------------------ -- -- --- - --- - -191 , 294.02
---------------------------------------------_. _. _______ . ___ .
897,633.26
15,000.00
236,516.56
269,120.66
-------------------- ----------__________ . __ . __
------------------- -------- - ------ --------------------------175,000.00
55,511.90
______ ________ __
---------------_______________ _
1,998,029.12
LOAN ON, AND A SUBSCRIPTION FOR, PREFERRED STOCK OF INSURANCE COMPANIES
[Under the act approved June 10, 1933, as amended]
State
NumNum- berof
berof insurau- ance
thori- comzapations nies
Amount authorized
Amount withdrawn or canceled
. Amount disbursed
Amount outstanding a-s:of.
Dec. 31, 1940 31
---Kansas
37 ___ •• __________
Maryland ______________
Michigan _______________
Minnesota ____________ __
Missouri_ _______________
New Jersey _______ . _____
New York _______ . ______
North Carolina _________
1
3
2
I
2
1
2
1
1
1
I
1
2
2
1
1
--Total _____________ - 13
10
See footnotes at end of report.
314975-41--5
$100,000. 00 ---------------21,500,000.00 --- ------ ------4,125, 000.00 -- ------- -- ----100, 000.00 ---------------250,000.00 --- ------ --- -- -4,000,000. 00 ---------------4,350,000.00 ---------------50,000.00 ----------------
$100, 000. 00
$100,000.00
17,448,450.00
21,500,000. 00
4,125, 000. 00 - ------ -, --- ----49,679.45
100,000.00
168,989.18
250,000.00
2,800,000.0 0
4,000,000. 00
2,000,000.00
4,350,000.00
48,000.00
50,000.00
34,475,000. 00
34, 475, 000. 00
----------------
22,615, 118. 63
34
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, 1940, inclusive, by
States 27--Continued
TABLE
MOR'l'GAGE LOAN COMPANIES
LOANS TO l\lORTGAGE LOAN COMPANIES
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
[Excludes loans through mortgage loan companies to aid closed banks, and to aid business enterprises]
Num•!Num•
ber of her of
au• b
thor- or•
iza• rowtions ers
State
Alabama . . . _____ . ____ __
Arizona ___ ____ __ _______ .
Arkansas ______________ _
California_. ____ . ___ ____ _
Colorado. ____ __ __ ___ ___
Connrcticut. __________ .
DistricL of Columbia __ ._
Fiorida ___ _____________ _
Georgia ________________ _
Idaho. ___ __. __ __ _____ __ .
L lino is _____ __ ___ ___ __ ___
Iowa ________ . ____ . ____ __
Kansas __ ____________ ___
Kentucky. ______ ___ __ __
Louisiana. _____________ _
Maine ___ ____________ __ .
Maryland _____________ _
Massachusetts _______ ___
Michigan __________ ____ _
Minnesota _____________ _
M!ssissi'()pL ___ . _______ _
M ISSOUfl - - - - - - - - - - - - - - - Montana ______________ _
Nebraska . _____________ _
New Jersey ____________ _
New·Mexico ___________ _
New York _____ __ ______ _
North Carolina ___ ___ ___
North D akota _________ _
Ohio __ ____________ ___ _
Oklahom3 _____ . __ _____ .
Oregon . _______ __ ______ _
Pennsylvania __________ _
Sou th Dakota _________ _
Tennessee ____ _________ _
Texas ___ _______ ____ ____ _
Utah __________________ .
Virginia _______________ _
Washington _______ . __ __
West Virginia __________ _
Wisconsin _____________ _
Total ......... ____
Loans to The RFC
Mortgage Company 29
Loans to Fecleral Na•
tional Mortgage Asso•
ciation %9 ____ • ___ •••••.
Grand total...... .
15
1
9
1
3
3
7
6
2
3
3
3
9
6
2
4
7
3
1
1
40
8
1
1
2
2
2
1
12
9
1
1
24
8
7
2
18
4
3
2
2
1
8
7
1
4
1
3
27
20
1
32
1
2."i
11
7
1
8
1
7
6
5
1 ------
10
8
3
1
11
5
46
26
1
11
14
1
8
11
3
3
4
2
358
230
19
Amount au•
thorized
Amount withdrawn or can•
celed
Amount dis•
bursed
Amount out•
standing as o(
Dec. 31, 1940 a1
$1,278,783.68
$2A6, 141. 11
$852,642.57
$247,327.59
100.000. 00
100, 000.00 ----- ------------ ------ ----- -- - -1,038, 000. 00
229,671 83
808,327.17
18,157.74
67,360,000.00
1,242,065.79
66,117,934.21 -· -------------1, 195,000.00
1-1, 481. 20
1,180,518.80 ---------------·
175.000.00
100.00
174,900.00
3,650.00
664,532.60
104,096.40
664,532.60 - -- ---- -- - ----826, 032. 90
9,\ 719. 61
730, 313. 38
215. 759. 96
221 ,000.00
1.068.01
219,931.99
8,876. 64
14,000.00 ---- -- -- --- - -- 14.000. 00 -··------------9. 320,769.90
5,779,026.75
3,541,743.15
24,617.17
2,710, .150. 00
2,710,550.00 ·----------------- ---------------125, 000. 00
75,000.00
50,000.00 - --------------92, 500.00
42,500.00
50,000.00 ---------------·
4,619,597.49
641,578. 00
3,978,019.49
1,296,671.65
3,200,000. 00 ---- - ----- -- -- -3,200,000.00
1,052,864.88
31,164,840.97
2,974,278.37
21,542,817.28
184,346.48
1,432,500.00
194,285.00
1,238,215.00
193.254.57
2.697,320.25
736,150.66
1,961,169.59
292,195.28
3,0~0,000.00 ---------- -- --- 3,020,000. 00 ---------------517,477.67
3,200.00
514,277.67 ---------------·
8,369,854.20
1,013,474.69
7,104, 290.73
2,890.336.44
156,370.00
202.39
156. 167.61 ------ -- ------·
661,200.00
9,953.56
654, 246.44 ---------------13,491,688.99
1,044,134.18
12,447,554.81
1,556,719.25
30,000.00 ----- ----- ----30.000.00 ---------- -- --- ·
140,062,bOO.OO
79,250,141.97
60,812,658.03
17,153,044.10
4,132,525.00
147,015.88
3, 985,509.12
177,529.21
65,000.00
245.00
64,755.00 --- ---- - -- -----5,970,515. 24
213,972.18
5, ,n6,542. 76
82,135.31
4,435,000.00
58,431.22
4,376,568.78
151,698.05
145, 000. 00
145, 000. 00 _•. ____________ ___ _______ .. _ ___ . .
4.614,275.00
147,532.05
4,356,742.95
2,609,957.80
6,576,000.00
2,731,262. 25
3,844,737. 75 ---------------7,807. 765.53
548,225.35
7,259,540. 18
2,143,555.03
16,988,589.05
2,287,869.78
14,700,719.27
575,858.58
210,000.00 ---------------210,000.00 ---------------5,084,921.89
751,071.65
4,333,850.24
432,762.44
1,346,547.68
397.411.04
949. 136.64
599,438.16
72,500. 00
11,500.00
61,000.00
15,262.77
4,826,762.92
180,785.61
4,645,977.31
20,500.00
- - - - ------ -------1-------1-----356,823,221.05
104,034,045.43
245,609,341.52
32,050,615.50
1
153,368,261.03 ---·-----·------
146,125,669.60
42,110,298.82
4
1
133,962,793.11 _______________ _
118,214,034.12
79,379,796.47
381
232
644,154,275.19
509,949,045.24
153,540,710.79
104,034,045.43
SUBSCRIPTIONS FOR STOCK OF MORTGAGE LOAN COMPANIES
[Under sec. 5c of the Reconstruction Finance Corporation Act, as amended]
Illinois_ . .-~. _.. _. ______ __
The . RFC Mortgage
Company 29 __________ _
Federal National Mortgage Association 20. __ •
$1,250,000.00
1
1
$1,250,000.00
3
1
25,000,000.00
1
1
---------------11,000.000.00 ----------------
5
3
37,250,000.00
- -- Grand totaL .. ____
See footnotes at end of report.
1,250,000.00
------------------ ---------------$25,000,000.00
$25,000,000.00
11,000,000.00
.I 1, 000, 000. 00
36,000,000.00
36,000,000.00
REPORT OF RECONSTRUCTION FINANCE CORPORATION
35
4.-Number of authorizations and borrowers, to which authorizati·ons were
made; and amount of authorizations, withdrawals or cancelations, disbursements,
and amount outstanding, from Feb. 2, 1932, to Dec. 31, 1940, inclusive, by
States 27 -Continued
TABLE
AGRICUL'I'URAL FINANCING INSTITUTIONS, ETC.
LOANS TO JOINT-STOCK LAND BANKS
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
_I
Num
ber of
author.
1zations
State
Number of
borrowers
Amount authorized
Amount withdrawn or canceled
Amount outstanding as of
Dec. 31, 194031
Amount disbursed
-- -Alabama ________________
Arkansas _______________
California _______________
Colorado ________________
Georgia _________________
Illinois __________________
Indiana _________________
Iowa ____________________
Ken~~cky ___ ___________
Loms1ana __ _____________
11ichigan _______________
Minnesota ______________
Nebraska _______________
North Carolina _________
Pennsylvania ___________
South Carolina _________
Tennessee ________ - - _- -Texas ____ _______________
Utah __ __ _____ ___ _______
West Virginia ___________
1
3
4
5
2
2
4
3
1
3
3
1
8
6
2
9
3
6
1
3
1
1
1
1
1
1
2
2
1
1
1
1
2
3
1
1
2
2
1
1
70
27
--
Total _____________
$575,000. 00 ---------------$575,000.00 - --- -- - ---- --- -$104, 811. 41
590,000.00
485,188 . .59
$107,635.77
342,472.72
3,142,527.28 --------- ------3,485,000.00
2,134,306. 24 ---------------2, 494,772.68
360,466.44
205, 000.00 -------- - ------205,000. 00 ---------------2, 2fil,993. 28 ---------------3, 645, 300.00
1,383,306.72
272, 921. 24 ---------------335,000.00
62.078. 76
2, 150.000. 00
170,012.90
1, 979, 987. 10 ---------------330,000.00
330,000.00 ------ -- ---- ------ ---------------432, 500.00
5,869.38
426, 630.62
219,969.50
1,835,000.00
187,374.57
1,647,625.43
476,6f\9.17
185,000.00 - -------- ---- --185,000. 00 ----- - --- ------1,950,000.00
2,766,000.00
816,000.00
996,848.91
240,044.30
2,904,742.15 ---------- -----3,144,786.45
401,000.00
19. 143. 24
381, 851. 7o ---------------1,243,640.23
2,593,000.00
1, 349,359.77
233,490.20
100,000.00
190,000.00
90,000.00 - ------- - ------3,686,000.00
724,383.01
2,961,616.99
I, 230, 714. 20
550,000.00
1,767.58
548,232.42 --------- -- ----63."l, 102. 67
l,lfi4,897. 33 ----- ----------1,800,000.00
31,393,359.13
6,726,478.93
24,666,880.20 1
3,265.327. 75
LOANS TO AGRICULTURAL CREDIT CORPORATIONS
(Undf'f sec. 5 of the Reconstruction Finance Corporation Act, as amended]
,Arizona __ ___ ___ _______ __
~~rkansas _______________
Cobrado ________________
Florida ___ __ __________ __
Idaho ___________________
Iowa ______ ______________
Louisiana ____ ___________
New York ____ ______ __ __
North Dakota ______ __ __
Oregon _______ __________
South Carolina _______ __
Tennesse~ ___ ________ ___
Texas ___ _____ __________ _
Washington ____________
Total _______ ____ __
--
$880,000.00
214,135.95
71,455.31
435,000. 00
63,889. 60
4SO,OOO.OO
120, 0.JO.OO
397,251.46
1,000. 00
116,790.30
58,500. 00
124,2-50. 00
95,491.08
3,063,103.89
--
1
2
2
1
1
1
1
1
1
1
1
2
1
4
250
20
6,120,867.59
1
5
4
3
7
2
2
2
1
15
1
2
2
203
-------------------------------------------- --------------------------- --------- ------------- -------------
58,500.00
124,250.00
6,239.95
81, 931. 70
$880,000.00
214, 135.95
59,955.31
435,000 00
58,722.60
455.000.00
120,000. 00
232,590. 74
1. 000. 00
116,790.30
----- --------- --- -- --- --- -------- -89, 251. 13
2, 981, 172. 19
477,249.37
5,643,618.22
43,664.39
-- -- --- -- ---- ---
-- -- ---- -- -- ---$~!, fl){) .00
- ---------------
5,167.00
25,000.00
-- - ----- - ------164,660.72
-- - - ------------ ----- - ------- - -
------------------------------------------------- -- ----------- ----------------------- - -- --$43,664.39
LOANS TO LIVESTOCK CREDIT CORPORATIONS
{Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
Colorado ________________
Idaho __ __ _______________
Missouri ____ __ ____ ______
Montana ___ __________ __
New Mexico ____ ____ ___ _
Oregon _______________ __
Texas~ ___ ____ ______ ___ __
U tab ____ _____ _________ _
Wyoming __. ___________ -,
4
30
1
38
8
4
4
35
29
2
2
1
3
1
1
3
2
4
- - - -19
Total ____ _______ __ 1.53
See footnote8 at end of report.
$382,850.00
2, 132, 00,5. 29
421,000. QO
2,142,250.00
474,441.50
270,740.00
2, 468, 425. 03
3, 477, 443. 10
2.342, 142.95
14, lll, 327. 88
$138,450.00
$244,400.00
2,030,235.29
101, 800.00
421,000.00 - ------ - · · - -- - - - .
1, 996, 350. 00
145,900.00
44(i,548. 75
27.892. 76
242,290.00
28, 4,50. 00
2,442,445. 03
25,980.00
3,172,616.98
304, 826.12
2,181,019. 76
161, 123. 19
--
1,461,372.07
12,649,955.81
-------------------------- -----
--------------- ------------------------------ -
--- --- -- ---------- ----------------- ---- -- - -- --
------------ ----
----------------
36
REPORT OE., 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, 1940, inclusive, by
States 27-Continued
TABLE
AGRICULTURAL FINANCING INSTITUTIONS, ETC.-Continued
LOANS FOR FINANCING OF AGRICULTURAL COMMODITIES AND LIVESTOCK
[Under sec. 201 ( d), title II, of the Emergency Relief and Construction Act of 1932]
State
Num_lN umber of ber of
author- boriza- rowtions ers
Amount authorized
Amount withdrawn or canceled
Amount disbursed
Amount outstanding as of
Dec. 31, 1940 a1
--
Alabama ________________
Arkansas _______________
California _______________
Colorado ________________
Delaware _______________
Florida _________________
Georgia _________________
Illinois _________________
Indiana _________________
Ken~l}rky ______________
Loms1ana _______________
Maine __________________
l\faryland ______________
Massachusetts __________
Michigan ______________
l\I!ssissi:ppi _____________
M lSSOUrL _______________
Montana _______________
New Jersey _____________
New York _____ ~-------North Carolina _________
North Dakota __________
0 h io ____________________
Oregon ____ . ____________
Pennsylvania _________ . _
Tennessee ______________
Texas ___________________
Virginia ________________
Washington ____________
W~st Virginia ___________
W 1sconsm ______________
Puerto Rico ____________
Total _____________
Loans to Commodity
Credit Corporation 29 _
Grand total, sec.
201-d ___________
1
5
21
1
2
7
1
1
5
16
1
1
2
1
I
I
6
12
11
1
5
2
10
2
5
4
8
4
1
5
4
4
8
6
4
6
2
7
2
3
4
10
1
2
2
7
2
5
1
2
6
1
1
3
2
2
3
5
4
5
1
4
1
159
105
I
----
$150,000.00
$150,000.00 ------------------ ---------------725,000.00
603,219.30
$121,780.70 ---------------5,063,750.00
2,469,560.87
2,594,189.13 ---------------500,000.00
374,950.00
125,050.00 ---------------100,000.00
99,100.00
900.00 ---------------393,377.32 ---------------393,377.32 ---------------15,000.00 ---------------15,000.00 ---------------10,500.00
2,000.00
8,500.00 ---------------757,111.54
460,211.94
296,899.60 ---------------5,561,511.97
3,127,589.16
2, 433, 922. 81
$57,075.00
.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 ---------------350,000.00
138,603. 71
211,396.29 ---------------570,000.00
442,402.80
127,597.20 ---------------60,750.00
60,750.00 ------------------ ---------------104,000.00
8,000.00
96,000.00
22,QOQ.OO
2,500.00
615.00
1,885.00 ---------------28.5,000.00
11,432.03
273,567.97 ---------------1,700,269.65
1, 099, 344. 17
600,925.48 ---------------120,000.00
20, o:35. 21
99,964.79 ---------------6,000.00
1,080.00
4,920.00 -------------- -- 1,035,000.00
400,217.72
584,782.28
364,000.00
195,820.71
350,000.00
154,179.29 ---------------318,500.00
28,062.24
290,437.76 ---------------12,610,723.25
4,308,825.84
8,301,897.41 ---------------219,551.00
20,000.00
199,551.00 ---------------868,624.91
603,730.27
264,894.64 ---------------333,030.00
145,724.80
187,305.20 ---------------175,000.00
175,000.00 ------------------ ---------------1,571,313.44
95,750.00
1,475,563.44 ---------------1,000,000.00
637,745.53
362,254.47 ----------------
19, 644, 491. 78
86,061,513.08
66, 367, 021. 30
28
11,604,712,664.99
836, 99ti, 702. 78
767,716,962.21 ----------------
187
106 1,690,774,178.07
903,362,724.08
787,361,453.99
----
443,075.00
443,075.00
OTHER AUTHORIZATIONS TO AGRICULTURAL FINANCING lNSTl~UTIONS, ETC.
Under sec. 5 of the Reconstruction Finance
Corporation Act, as
amended:
Loans to Federal
land banks 29 __ _ _ _ _ a3 57
Loans to Federal intermediate credit
banks n ___________
8
Loans to regional
agricultural credit
corporations 29 _ _ _ _ 1, 343
Under the Agricultural
Adjustment Act of
1933, as amended:
Loans to Secretary of
Ae:riculture to acquire
cotton 2o______________
2
See footnotes at end of report.
12 4$399, 636, 000. 00
8
$12, 400, 000. 00
4$387,236,000.00 ----------------
9,250,000.00 ----------------
9,250,000.00 ----------------
12
178,840,452.48
5,596,811.76
173,243,640.72 ----------------
1
23,500,000.00
20,200,000.00
3,300,000.00 ----------------
37
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, 1940, inclusive, by
States 27-Continued
TABLE
OTHER
A UTBORIZATIONS TO AGRICULTURAL FINANCING INSTITUTIONS, ETC.-Continued
Number of
authorizations
Number of
borrowers
Amount authorized
Amount withdrawn or canceled
Amount disbursed
Amount outstanding as of
Dec. 31, 1940 31
-- -Under,-seo.-201 (c) of the
Emergency Relief and
Construction Act of
1932, a.s. amended: Authorizations for financing exports of agricultural surpluses 29 _ _ .:. ___
10
6
Total, other authorizations to
agricultural fi.
nancing institutions, etc ________ 1,420
391
5 $98,
445, 245. 68
$46,146,368.56
$47,298,877.12
$46,895.99
709,671,698.16
84,343,180.32
620,328,517.84
46,895.99
------
RAILROADS
AUTHORIZATIONS TO RAILROADS (l~CLUDING RECEIVERS AND TRUSTEES)
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
Total zw_ ----------------1
6
2171
861 6 $911,604,716.951 $107,474,755.891
$786,604,805.161 $473,881,142.92
BUSINESS ENTERPRISES (EXCEPT IN CONNECTION WITH NATIONAL DEFENSE)
TOTAL-AUTHORIZATION TO BrsINESS ENTERPRISES
Alabama _______________
Arizona _________________
Arkansas _______________
California _____ ______ ____
Colorado _______________
Connecticut. _______ - ___
Delaware ______ ________ _
District of Columbia ____
Florida ________ _________
Georgia _________________
Idaho ___________________
Illinois . ________ _________
Indiana ___ __ ____________
Iowa ____________________
Kansas _· ________________
Ken~~cky ____ __________
Lows1ana _________ ___ ___
Maine __________________
Maryland __________ ___ _
M~a-cbusetts . _________
Michigan _______________
Minnesota ______________
M ... .
~SlSSl~pL - - - - - - - - - - - M1ssour1- _______ _____ ___
Montana ___ ____________
Nebraska _____ ___ _______
Nevada _________________
New Hampshire ______ __
New Jersey _____________
New Mexico ____________
New York ____ __ __ ______
North Carolina ______ ___
North Dakota __________
Ohio ____________________
146
33
147
217
128
98
13
42
345
622
60
348
166
68
155
196
64
34
110
297
314
170
86
265
102
104
4
15
318
46
897
185
44
369
See footnotes at end of report.
133
30
130
186
113
78
12
36
289
520
52
300
153
64
142
174
55
29
90
234
272
153
83
211
84
90
4
11
252
38
708
154
41
292 ,
$3,994,658.33
1, 121,727.86
6, 898, 991. 10
23, 680, 191. 10
2,413,704.15
8,269,740.83
477,400. 00
650,910.00
9, 984, 711. 24
15,257,159.71
1,088,566. 00
27,459,539.38
6,336,050.00
2, 067, 475. 00
2, 292, 351. 85
5,834,862.61
1,276,703.96
11, 219,540.00
5,063,259.62
14,451,506.06
30,403,194.45
4,223,470.24
1,476,657. 46
19,660,597.52
1, 482, 116. 45
2,103, 052. 77
116,621.93
1,977,500.00
27,473,863. 80
998,224. 25
44,694,439.35
9,624,184.94
805,110.00
23,818,180.89
$1,285,004.61
650,259.89
885,625.95
6,437,549.79
956,925.47
1, 654, 270. 78
117,400.00
196,414.20
1, 476, 901. 82
4, 551, 714. 98
185, 442.55
14,592,568.63
2,414,713. 20
826,163.68
1,016,593.94
2,965,773.81
367,068.46
203,666.83
1,953,723.93
4,607,630.19
10,152,535. 93
1,720,680.21
685,782.08
5,181,018.23
353,421.86
642,382.69
24,124.14
837,217.00
9,174,526.21
422, 171. 39
16,626,872.77
3,050,377.21
135,200.00
7, 053, 751. 99
Jg
$2, 152,973.60
139,510.67
5,961,594.75
8,826,814. 18
986,827. 09
6,501,092.66
360,000. 00
396,294.50
5,146,317.02
9,236,307.18
833,424.09
12,450,362.08
3,315,612.00
1,213,279. 00
1, 197,095.89
2,586,373.56
814,528. 05
712,232.94
2,917,233.72
8,776,572.69
18,589, 290.72
2,240, 148.64
578, 554.34
11, 811, 857. 94
1,074,456. 44
1,080,396.22
77,497.79
1,060,283.00
17,867, 473. 7,5
569,812.90
22,956,087. 64
6,046,046.75
619,059.73
14,828,722.91
$1,101,799.78
56,184.56
3,576,412.90
4,646,647.99
542,340.60
3, 927,114.57
48,809.45
250,586.25
2,567,849.18
3, 213, 255. 11
302,815.00
4,942,103.04
1,507,734.59
248,575. 55
348,793.73
1,313,439.98
385,836. 90
552,749. 22
1,091,596.99
4, 236, 910. 68
7,861,556.01
516,922.45
293,866. 52
7,874,525.24
551,084.18
691,346.23
5,525.00
546,679.42
9,725,546.63
217, 291. 28
12,050,899.47
2,620,196.32
531,528.74
8, 227, 715. 49
38
REPORT OF RECONSTRUCI'ION FINANCE CORPORATION
4.-Number of authorizations and borrowers, lo which authorizations were
made; and amount of authorizations, withdrawals or cancelations, disbursements,
and amount outstanding, from Feb. 2, 1932, to Dec. 31, 1940, inclusive, by
States 27-Continued
TABLE
BUSINESS ENTERPRISES (EXCEPT IN CONNECTION WITH NATIONAL DEFENSE)Continued
TOTAL-AUTHORIZATIONS TO BUSINESS ENTERPRISES -Continued
Num-lNumber of ber of
author- boriza- rowtions ers
State
Amount authorized
Amount withdrawn or canceled
Amount out•
standing as of
Dec. 31, 194031
Amount disbursed
-- -Oklahoma ______________
71
77
Oregon _________________
22.5
169
Pennsylvania ____ _______
4S9
383
Rhode Island __ _________
31
27
South Carolina _________
72
61
South Dakota __________
32
32
Tennessee ____ __________
222
183
Texas ___________________
344
308
Utah __________ _________
25
33
Vermont_ _______________
15
10
Virginia _______________ _ 109
95
Washington ____ _______ _ 1,399 321()94
West Virginia ____ ___ __ _
71
82
Wisconsin ____________ __
129
139
Wyoming ___ __ __________
17
16
Alaska __ ____ ____________
5
6
II a wai i ____ _________ ____
1
1
Puerto Rico ____________
27
24
--Total ____________ _ 9,528 7,917
$1,616,736.10
11 ,430, 404.62
41,843,498.53
2,787.416. 67
3,764,798. 18
1.55,986.00
11, 245, 327. 70
8,998,884.03
l,435,695.32
435,600.00
5,235,312.50
24,992, 907.36
3. Oi)l, 731. 16
8,628, 82.5.00
220, 122. 76
428,600.00
200,000.00
1,427,500.00
446,595,608.78
$565,777.79
$731,519.43
2,937,624.40
8,159,943.77
12,506,806.20
25,428,950.90
402,500.00
2,346,603.79
1,769,348.32
1,563,573.72
95.3.r'iO.OO
47,713.20
4, 203,783.88
5,844,526.45
1, 784, 742. 33
~,839,566.30
314, 551. 8.5
756,659.73
149,010. 78
246,109.50
2, 223, 3,55. 20
1,260,051.19
15, 248, 42.5. 75
6,594,273.02
1,365,528.55
1,259.815.95
3. 197, 942. 711
4,382,8.19.62
49, 176.06
65,970.10
336,712.39 ---- --- -- --------200,000.00 -----------------73,500.0G
1,079,000.00
150, 829, 610. 71
$314. 555. 71
2,644,695.92
14,390,.546.80
1,165,644.93
873,967.28
24,698.30
3,289,740.09
4,368,025.35
378,265.11
133,810.12
479,755.64
2,400,097.89
666,175.27
3,047,873.59
36,732.80
--------------- -- --------- ---477,417.64
239, 531, 271. 11
121,268,241.49
LOANS TO BUSINESS ENTERPRISES
[Under sec. 5d of the Reconstruction Finance Corporation Act, as amended]
Alabama _________ _____ _
Arizona _________________
Arkansas __ _____________
California ___ _____ _______
Colorado _______________
Connecticut_ ______ _____
Delaware _____ __________
District of Columbia ____
Florida ___________ ______
Georgia _________________
Idaho ___________________
Illinois __ ________________
Indiana _________________
Iowa ______ _____ _______ __
Kansas _________________
Kentucky ______________
L oms1ana
..
___________ __ __
Maine __________________
Maryland ______________
Massachusetts __________
Michigan _~- -----------Minnesota __ ____________
Mississippi_ ____________
Missouri__ ______________
Montana _____ __ ________
Nebraska _____ __ ____ __ __
Nevada ________ _________
New Hampshire ________
New Jersey _____________
New Mexico ____________
New York ______________
North Carolina _________
North Dakota __________
0 hio ___ ____ _______ __ ____
Oklahoma ______________
Oregon ____ _______ __ ____
Pennsylvania ___ _______ _
Rhode Island __ _____ ____
South Carolina _________
South Dakota __________
Tennessee ________ ______
Texas ___________________
Utah ___________________
Vermont __ _____________ _
107
8
119
142
96
64
12
28
297
526
40
283
121
49
109
154
53
22
89
214
217
106
65
200
79
70
4
9
224
26
737
137
36
248
54
164
384
22
52
24
117
229
24
8
See footnotes at end of report.
98
8
107
119
84
47
11
22
251
434
35
242
111
46
101
135
48
17
71
168
191
93
63
156
66
62
4
8
175
21
578
115
33
192
48
120
295
20
42
24
95
204
20
5
$2, 027, 810. 00
132,700.00
6,370,916.10
12,406,967.28
1,804,675. 82
7, 362, 962. ,5()
449.900.00
524,350.00
8,931,881. 24
11, 501 ,642.85
906,950.00
25,578,216.05
5,297,550.00
1, 773,100.00
1, 393,210.60
3,588,475.11
1,031,453.96
10, 731. 910. 00
3,851,419.62
10, 449. 821. 06
22,105,244.45
3,182,147. 74
1,054,367.24
15,062, 144.19
1,055,440.95
1,468, 384.43
116,621.93
1,227,500.00
23,818,793.80
551 , 291. 55
37, 114,147. 68
6,328,964.94
772,450.00
18,426,708.34
846,219.43
7,674,604.62
32,666,787.24
1,294,500.00
1,922, 423.18
82,136.00
5,239, 117.30
6,963,954.13
908,445.32
342,000. 00
$608,719.53
31. 100. 00
523,512.93
2,216,006. ]3
581,364.93
1,162,875.28
117,400. 00
128,06.1.50
1,133,830.64
2,906,076.91
116,725.91
13, 632, 631. 40
1,867,809.36
568,571.00
498,820.25
1,425,559.88
325,602.37
152,550.00
1, 636,213.67
3,048,369.84
4, 741, 328. 11
1, 261. 456. 36
479, 056. 21
1,863,933.50
238,412.98
325,480.29
24,124.14
400,000.00
7,756,796.99
203,066.19
11, 732, 206. 63
1,663,246.61
103,500.00
4,877,629.84
171,450.00
1,137,740.09
9,133,445.60
380,500.00
779, 028.11
39,400.00
750,340.85
1,088, 256.14
140,066.54
98,690. ,50
$1,252,999.23
101,600.00
5, 842, 161. 42
8. 74,5, 451. 15
918,060.R9
6,167,592.66
332,fiOO.OO
396,294.50
4,945,254.52
7,479,354. 93
782,424.09
11,776,637.08
3, 139, 712. 00
1,204,529.00
892,390.35
2,130,415.23
669,528.05
576. 157.27
2,184,705.95
7, 158, 821. 52
17,234, 916.34
1,887,042.93
555.859.03
11, 531 , 324. 54
788,491.82
1, 049, 221. 22
77,497.79
827,500.00
15,958,903. 75
348,225.36
21 ,559,084.37
4,642,218.33
618,099.73
13,243,168. 27
674,769.43
6,436,009.27
22,538,210.64
886,937.12
1, 113, 395. 07
41,863.20
4,441,326.45
5,480,384.88
698,159.73
243,309.50
$556,185.6 1
18,735.77
3, 537, 076. 74
4,598,151.6 2
509,934.1 8
3,752,402.40
21,309.45
250,586.25
2,452,965.26
2,951,435.78
265,082.50
4,607,279.09
1, 439, 991. 78
242.129. 71
262,155. 90
1,224,724.44
385,836.90
495,293.88
991. 846. 95
4,103,170.23
7,640,077.69
423,901.93
277,269.26
7,747,864.0 1
373,005.72
666,034.87
5,525.00
498,465.1 4
9, 410, 371. 67
189,146.82
11,596,455.94
2,484,090.4 5
531,146.79
7,683,819.1 1
261,103.79
2,258,785.07
12,450,325.9 7
460,386.1 0
447,408.63
24,698.30
2,678,855.1 4
4,165,032.4 5
345,265.11
131,830.1 2
REPORT OF RECONS1.'RUCTION FINANCE CORPORATION
39
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, 1940, inclusive, by
States 27-Continued
TABLE
BUSINESS ENTERPRISES (EXCEPT IN CONNECTION WITH NATIONAL DEFENSE)Continued.
LOANS TO
Numberof
authorizations
State
Virginia ________________
55
WashingtQn ____________ l, 239
West Virginia ___________
56
'Wisconsin ______________
81
Wyoming _______________
7
Alaska __________________
3
Puerto Rico ____________
21
Number of
borrowers
32
47
961
48
76
6
2
20
Total _____________ 7,231 5,945
--·
BUSINESS ENTERPRISES-Continued
Amount authorized
$1,943,450.00
8, 718, 465. 69
1, 977, 795. 45
5,991,475.00
33,700.00
91,000.00
1,215,000.00
326, 311, 192. 79
Amount withdrawn or canceled
Amount disbursed
$743,523.81
$1. 089, 426. 19
2, 847, 081. 33
5,827,363. Hi
928, 3·i9. 50
1, 01:9, 445. 95
3, 984, 410. 59
1,959,474.41
1,500.00
32,200. 00
26,000.00 -------- - --------43,500. 00
934,000.00
88,620,390.26
Amount outstanding as of
Dec. 31, 1940 31
$339,824.37
2,235,035.86
547,997.69
2,936,546.99
17,232. 80
---- -----------381,920.57
212,489,356.50
lll, 875,717.80
PURCHASES OF PARTICIPATIONS, AND AGREEMENTS To PURCHASE PARTICIPATIONS, IN LOANS TO BUSINESS
ENTERPRISES
[Under sec. 5d of the Reconstruction Finance Corporation Act, as amended]
.
Alabama ________________
37
34
Arizona _________________
24
22
Arkansas _______________
24
22
California _______________
75
67
Colorado ________________
32
29
Connecticut ____________
31
29
Delaware _______________
1
1
District of Columbia ____
14
14
Florida _________________
35
28
Geor~ia _________________
81
76
ld~ho. ______ - ___ - _- - - - - 20
17
Illinois __________________
60
56
Indiana _____________ - ___
44
41
Iowa ____________________
16
16
Kansas _________________
41
44
Kentucky ______________
41
38
Louisiana _______________
8
6
Maine __________________
10
10
Maryland ______________
20
19
Massachusetts __________
60
52
Michigan _______ ________
74
68
Minnesota ______________
62
58
Mississippi_ ____________
20
19
Missouri_ _______________
58
52
Montana _______________
23
18
Nebraska _______________
30
26
New Hampshire ________
5
3
New Jersey _____________
87
77
New Mexico ____________
19
17
New York ______________
144
126
North Carolina _________
42
35
North Dakota __________
8
8
Ohio __ __________________
ll6
100
0 klahoma ______________
23
23
Oregon . ________________
56
46
Pennsylvania ___________
92
84
Rhode Island ___________
9
7
South Carolina _________
18
17
South Dakota __________
8
8
Tennessee ______________
84
73
Texas ___________________
115
104
Utah ___________________
7
5
Vermont ________________
7
5
Virginia ________________
52
46
Washington ____________
158
131
West Virginia __________
24
21
Wisconsin ______________
55
50
Wyoming _______________
10
10
Alaska __________________
3
3
Hawaii_ ________________
1
1
Puerto Rico ____________
6
4
Total _____________ - - - 2,093 1,863
See footnotes at end of report.
$1,711,848.33
$545,614.17
$637, 285. 08
$683,974.37
876, ,527. 86
37,448.79
506,659.89
37,910. 67
39,336.16
417,575.00
119,433.33
2-51, 613. 02
48,496.37
11, 273, 233. 82
4,221,543.66
81,363.03
32,406.42
609,028.33
37,5, 560. 54
68,766.20
174, 712. Fl
606,778.33
193, 50(). 00
331,395.50
27,500.00 ---------------27,500.00
27,500.00
126,550.00
68,348.70 ------------- - ---- ------- --------975,730.00
296, 171. 18
170,862.50
112,983.92
3,469,016.86
1,550,174.42
1, 565, 9lo'.>. 90
261,819.33
181,616.00
68,716.64
51,000.00
37,732.50
1,679,823.33
758,437.23
673,725.00
334,823.95
1,008,500.00
546,903.81
14.:5,900. 00
67,742.81
163,875.00
127,092.68
8,750.00
6,445.84
851, 641. 25
470,273.69
304,705.54
86,637.83
2, 141,387.b0
1,540,213.93
350,9.58.33
88,715.54
130,250.00
21,466.09
50,000.00 ---------------487,030.00
51,116.83
135, 47-5. 67
57,455.34
1,086,840.00
314,033.03
611,000.00
99,750.04
2,040,685.00
961,760.35
2.54, 251. 17
133,278.07
5, 110, 9.50. 00
3, on, 71.'.>. 20
536,867.00
221,478.32
958,822.50
391,723.85
338, 105. 71
93,020.52
416,890.22
201,325.87
22,695.31
16,597.26
4,251,203.33
3,044,834.73
205,533.40
126,661.23
426,675.50
115,008.88
285,964.62
178,078.46
603,643.34
235,877.40
31,175.00
25, 311. 36
625,000.00
424,717.00
120,283.00
48,214.28
2,122,570.00
1,206,229.22
587,570.00
315,174.96
386,932.70
159,105.20
221,587.54
28,144.46
5, 740, 791. 67
3,641,166.14
811,003.27
454,443. 53
3,066,720. 00
1,158,630.60
1,403,828.42
136,105. 87
32,660.00
31,700.00
960.00
381. 95
5, 011, 472. ,55
1,986,122.15
1,395,554.64
543,896.38
770,516.67
394,327.79
56, 7,50. 00
53,451.92
3,053,300.00
1,622,384.31
1,198,934.50
385,910.85
7,537,111.29
1,983,800.60
2,640,640.26
1,940,220.83
1,492,916.67
22,000.00
1,459,666.67
705,258.83
1,788,875.00
958,820.21
428,178.65
426,558.65
73,850.00
55,950.00
5,850.00 ---------------4,157,210.40
1,820,643.03
1, 187.000.00
511,770.59
2,034,929.90
696,486.19
359, l~l. 42
202,992.90
392,250.00
39,485.31
58,500.00
33,000.00
93,600.00
50,320.28
2,800.00
1,980.00
2,429,362.50
659, 831. 39
128,125.00
102,805.80
16, 217, 441. 67
12,401,344.42
709,907.86
165,062.03
l, 036, 935. 71
413,679.05
196,870.00
ll8, 177. 58
2,250,350.00
398,449.03
851,468. 38
111,326. 60
186,422.76
47,676.06
33,770.10
19,500.00
337,600.00
310,712.39 ------------------ -- -------------200,000.00
200,000.00 ---------------- -- ---------------212,500.00
30,000.00
145,000.00
95,497.07
102,884,940.99
51,345,916.95
20, 505, 743. 11
9, 253, 921. 48
40
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, 1940, inclusive, by
States 27-Continued
TABLE
BUSINESS ENTERPRISES (EXCEPT IN CONNECTION WITH NATIONAL DEFENSE)Continued
LOANS TO BUSINESS ENTERPRISES THROUGH MORTGAGE LOAN COMPANIES AND BANKS
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
Numberof
loans
to.
bus1ness
enter.
rnses
State
Numberof
business
enter.
pnses
Amount
authorized
Amount withdrawn or
canceled
(40)
Amount disbursed
Amount outstanding as of
Dec. 31, 1940 31
_______ ------
- - - - - - - - - - - - - - - - - - - - - ______ ,
Alabama ___ _._... . ... . .
Arizona._ .. . _. ..........
Arkansas. _. __ .. ... . . . . .
Connecticut........ . ...
Florida._. . .. .. . .. . . .. . .
Georgia. •· · ······· - ·· ···
Illinois ... _. _. . . . . . . . . . . .
Indiana ... ... . .. .. .... . .
Iowa ... .. .. _. .. . . .... . . .
Kansas . ... . _. .. . .... . . .
Kentucky. . . . . ... ..... .
Louisiana ... . . . . . . . . . . . .
J\1:aryland . __. _. _.. . . . . .
Massachusetts .. .. . · -..
Michigan. .. . .. .... .. .. .
Minnesota ..... . . . ... .. .
M!ssissi~pL.. ... . . . . . . .
M1ssoun.. ... .. . .. . . ..
Nebraska . ..... .. . . ... ..
New Hampshire .. .. -- ..
N cw Jersey ... . .. _. _. _. .
New l\1exico . .. .. . . . . _..
New York .. . . . . . .. .. . .
North Carolina... .. .. . .
Ohio.. .. ..... .. ..... . ...
Oregon . _. . . . . . . . . . . . . . .
Pennsylvania .. . . .. . _. ..
South Carolina ....... ..
Tennessee._ .. . .. . ._ . . . .
Utah __ _. .. . .... . ..... ..
Virginia . _. . . . . . . . . . . . . .
W ~st Vi!ginia. ___ . . .. ..
W lSCOnSIIl .•••. . . _.. . ...
Total--- · ---·-····
2
1
1
4
3
1
1
2
1
11
8
2
5
1
1
3
2
2
1
1
1
3
1
20
11
13
23
2
2
1
3
2
1
7
4
1
7
l
16
4
6
5
3
4
13
4
1
1
1
21
2
15
1
1
2
2
3
3
mj
$39,000.00
$255,000. 00
$216, 000.00 ·· ----·····---112,500.00
112,500. 00
110,500. 00
l 10, 500.00
300,000. 00
160, 000.00
140.000.00 ··-- ·· -- -· ···--20, 000.00
2,000.00
18,000.00 · · ··-- · ··-·- -- -210,000.00
50,338. 65
159,661. 35 ·· - -- -- -·---·--201, 500.00
201,500.00 ---- - --- --- -- ---- - ---------------30, 000. 00 . . . . . ___. . __ . ___
30, 000. 00 . _. ... . . . . _. ... _
130, 500. 00 . . _.. ... . ... . _.. . _ . _. _. _. __ ______ _
130,500. 00
47,500.00
47,500.00 ... . . . · ·· --· - -- _ -- ·--· ·- --·-·--105,000. 00
105,000.00
115,000.00
20, 000.00
95,000.00
125,000. 00
3,472. 23
121, 527.77
1,932, 000.00
597,500.00
1,334,500.00
3, 187, 000.00
2,369, 492.62
817,507.38
67,500.00
82, 500.00
15, 000.00
5,400.00
5,400.00
347, 2,50. 00
272,250.00
75,000.00 ·-··- · ·-·---· - -31. 025. 00
31. 025. 00
125, 000.00
12, 500.00
112,500.00 ·--- · ··- · · - --- - 1, 532,500. 00
211, 500.00
1,321,000.00 · · ···- ·· ·------60, 000.00
60, 000.00
586, 000. 00 . __... . ... _.. __ _
1,839, 500.00
1,253,500. 00
228,500.00
228,500.00
380,000.00
190,000.00
190,000.00 ·· ·-······---- · 177,500. 00
177, 500. 00
250, 100. 00 . ......... . .. __ _
1, 639, 600.00
1,389, 500. 00
31, 500. 00
31,500.00 -- ·--- -- - -- -·--- - ------ ---------1, 849,000.00
1, 632, 800.00
216,200.00
$99,114.36
135, 000.00
135, 000.00
820,000.00
820, 000. 00
23,500.00
37,000.00
13,500.00 -··-· - -------- · ~
387,000.00
387,000. 00
1-------1
16, 589,775.00
87
10, 773,278.50
5, 816,496. 50
99,114.36
LOANS TO BORROWERS ENGAGED IN THE FISHING INDUSTRY
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
State
----·
Numberof
authorizations
Numberof
borrowers
Amount
authorized
See footnotes at end of report.
Amount
disbursed
Amount outstar.ding as
of Dec. 31,
1940 31
--
- - ---
12
Florida ... ·- - · ·· -··-·· -Georgia ..___ __. . ____. __. __
4
Maine _. ___ . __ ___ .. __ _..
2
Massachusetts ___ . .. __ ..
3
Oregon . ..... __ . ______ . __
2
South Carolina. ___ _____
1
1
Virginia·-- --- ---· -·-- -Washington .. _._ ... .. _.
2
-Total . ____________
27
Amount withdrawn or
canceled
9
2
2
3
2
1
1
2
$57,100.00
76,500.00
600.00
29,000.00
525,000.00
22,000.00
42,500.00
57,000.00
221
809,700.00
$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
--------- ---------------------462.38
--------------- -------------- 37,125.47
-------------- --
90,025.00
719,675.00
39,487.85
$1, 900.00
TABLE
4.-Number of authorizations and borrowers, _to which authorizations were made; and amount of authorizaions, withdrawals or
cancelations, disbursements, and amount outstanding, from Feb. 2, 1932, to Dec. 31, 1940, inclusive, b·y States 27-Continued
NATIONAL DEFENSE
~
TOTAL. NATIONAL DEFENSE AUTHORIZATIONS UNDER THE ACT APPROVED JUN.E 25, 1940
t;c..1
[Amending sec. fid of the Reconstruction Finance Corporation Actl
~
0
I
I
I
Amount outstandNumber Number
Net num-1
.
Amount with.
Les~:
of author- of bor- D~phcaber of Amount authorized drawn or canceled I Amount disbursed ing as of Dec. 31,
t10ns 41 borrowers
1940 31
izations
rowers
State
~
~
0
~
Alabama ______ ____________ ______________ ____ ______ ____ _
California __________________ __ ____________________ _____ _
Connecticut_ _______ ____ . . _______ ______ ___ ________ . ___ _
Illinois __ ________ ____ __________ __ ___ ______________ ___ . __
Indiana ___ _____ ____ ___ ___ ___ _______ . .. ________ .. _______ _
Iowa __________ _____ __________ -- ___ - . - - -- - - - - - - -- - - - - -- Kansas ________ ___ __. . _____ _____ __ ______ ___________ ___ _
Kentucky __ . . . _______ ______ ____ __._ . _____ . ___ _____ ____ _
Mass~chusetts ______ _____ ____ ___ ______ ______ _______ ___ _
2
3
2
3
1
2
5
2
7
:i~~~ii~r~~~:::::::::::::::::~:::~
::::::::~::::::::::::
Nebraska _____ . ______ . ____ . ___ ___ ____ . . __________ ___ __
6
~
New J crsey. _______ ___ __ . __ . _.. ___ _. __ _. ___ . ___ _. _. ____ _
Nev; \y or k ____ ______ . ____ . __ _____ __ __ __ _____ ________ . __
0 hi o _________ ____ __ . __ _____ - _- _- . . - - - - _- _- --. - - - . - - - - - - Oregon _____ ____________ __ ____ ____ ____ __ ____ __________ _
Pennsylvania._ . _. ___ __.. ______ __ ____ ______ ___________ _
Virginia __ ______ ___ . ___ ___________ __ __ ____ . __ _______ ___ _
"\Vashington __ __ ___ _______ ____ ____ ____ ___ ____ ______ . ___ _
West Virginia _. __ _.. _______ __ . ____ _____ __ __ __ ______ . ____ _
Wisconsin_ .. _. ___.. _. _. __. _. ___ .. _ __. _. ___ ___ __ __ ___ _
1' otal ____ __.. _________ ________ - ______ - ______ -- - - --
1
1
11
12
4
1
8
1
3
1
1
77 I
Loans and purthases of capital stock:
Defense Plant Corporation 20 _ _______ _ ____ _ _ _ ______ _
3
Defense Rupp lies Corporation zo __ ______ _____ __ ___ _
1
Metals Reserve Company 29 _ _ ____ _ _ . ___ _ __ _______ _
11
Rubber Resern~ Company 20 ____ __ _ __ . ______ . ____ _
3
1---Grand totaL ___. _____ _. ________ _. __ ________ ____ _
95 I
See footnotes at end of report.
1
1 ------ ---2
2 ----- - ---1
2
1
2 --·------2
1
1 ---------1
1 ---- ----- I ---------I
2
2
---- ------
5
7
2
5
3
2
1
1 ---------l
1 ------ -- -9
2
7
11
6
5
4
3
1
1
1 ----- - ---2
4
6
1
1 ---- - ----1
2
3
1
1 ---- -----1 ---------1
63 I
1
1
1
1
25 I
--------- ---- ------
67 I
- - -- ··-----
--------- 25 I
38 I
$238,000.00
2,200,000.00
203,000.00
160,350.00
19,600.00
165,000.00
13,540,508. 5!5
20,000.00
233,800.00
401,000.00
18,000.00
6,000.00
736,850.00
950,500.00
964,000.00
32,bOO.OO
2,997,.500.00
15,800,000.00
1,554,800.00
25,000.00
60,000.00
1--- ---------- -- ----$55,493.00
---------- ---- - ----90,000.00
------·------------------ ------------------- -- ---- --------
-------------------22,438.92
i2,624.94
$88,000.00
114,507.00
$66,000. 00
114,50i.OO
141,408.92
141,408.92
61,600.00 ----------------- --------- -- - -- --- - -- - - ----- ----- - -- ------75,000.00
74.542.82
750, 000.00
750, 000.00
7,500.00
7,500.00
131,089.75
169.046.46
3, 739.36
5,000.00
13,074.52
13,074.52
------------ -· ------6,000.00 --------- ----------- ------ ----- ------ ··-278,98b. 79
292,373.69
40,500.00
106, 704. 10
68,500.00
136,764. 60
75,000.00 --------------- ----- ---- - --- ··------- - - - -------------------- -------- ------ ------ ------ ---- - - - - - - - - -1,030,430./'i9
889,564.33
----- - --- - -- --- --- -4,289,500.00
4,289,500.00
---------- ---------1,268.87
9,800.00
------------------ -15,322.98
20,000.00
--- - -- ------ ·--------- -·-- - ---- -- ----- - -- -- - --- - - - ---------- ·· ----------- - -- -----6,883,208.44
7,204,005.78
40,386,408.55
430,556.86
1
1
1
1
255,000.000. 00
1,000,000.00
240,035,200.()0
142,000,000.00
42 I
678,421,608.55
----------------------------- - ---··-- - --
---- - - - --------------- - - ----- -- ------ - -
430, t,ti6. 86
5, 375, 229. 10
1, 000, 000. 00
15,643,202.36
22, 4e4, 961. 1s
5,3i5,229. 10
1,000,000.00
1.5, 643, 202.36
22, 484. 961. 15
51,707,398.39
51. 386, 601. 05
~
t:rJ
0
0
z
U)_
1-'.3
~
~
0
~
~
0
z
~
~
z
>
z
0
~
0
0
~
~
0
~
>
~
sz
~
~
42
REPORT OF RECONSTRUC'.rION 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, 1940, inclusive, bu
States 27-Continued
-
TABLE
NATIONAL
DEFENSE-Continued
NATIONAL DEFENSE LOA.NS UNDER THE ACT APPROVED JUNE
State
Numberof
authoriza
tions
Numberof
borrowers
25, 1940
Amount
authorized
Amount withdrawn or
canceled
---------- --- ---
I
$2,144,507.00
203,000.00
151,600.00
13,540,508.55
7,500.00
158,800.00
355,000.00
18,000.00
6,000.00
725,000.00
503,000.00
964,000.00
32,500.00
2,935,000. 00
15,800,000.00
9,800.00
25,000.00
60,000.00
55
44
37,639,215.55
275,438.92
6,968,319.70
6, 671, 245. 81
1
1
375,229.10
375,229.10
6
1
250, 000,000.00 ---- -- ---------235,035,200.00 ----------------
10,643,202.36
10,643,202.3 6"
1
1
H0,000,000.00
----------------
20,484, 961. 15
20; 484, 961. 15
63
47
662,674, 415.55
275,438.92
38,471,712.31
38,174;638.4
Amount
disbursed
Amount outstanding as of
Dec. 31, 1940 a1
---California __ _____________
Con necti cut_ ___________
Illinois _______ ___________
Kansas _________________
Kentucky ______________
Massachusetts __________
Michigan ___ __ . _________
Missouri ________________
Nebraska _______________
New Jersey _____________
New York ___ _____ ______
Ohio ____________________
Oregon ___ __ ________ ____
Pennsylvania ___________
Virginia __ _________ _____
Washington __ . _______ __
West Virginia __ __ _____ __
Wisconsin _____ _________
Total ___ ____ ____ __
Defense Plant Corporation 29__ . ____________ _ _
Metals Reserve Company 29 . - - - - - - - - - - - - - - Rubber Reserve Company 29 _ ___________ ____
Grand total, loans .
2
2
2
5
1
6
3
1
1
9
8
4
1
2
1
1
1
6
3
1
1
7
i
4
1
1
6
4
1
1
l
1
1
1
1
----
--
---------- ----- $90,000.00
------------------------------22,438.92
-- -- -------------- ------------6, 000.00
33,000. 00
49,000.00
75,000.00
$114, 507. 00
141,408.92
61,600.00
750,000.00
7,500.00
96,360.38
5,000.00
13,074.52
---------------292,373.69
136,764.60
$114, 507. 00
141,408.92
----- -750,000.00
·- --- -----
7,500.00
59,669.94
3,739.36
13,074.5 z
------ 278,985.79
--------- 106,704.10
------------------ ------------------ ----- ------------------------------- -- -------1,030,430.59
889,564.33
---------------4,289,500.00
4,289,500.00
---------------9,800.00
1,268.87
---------------20,000.00
15,322.98
----------------------- --- ----- ------------------ ------ --- -------
NATIONAL DEFENSE-PURCHASES OF PARTICIPATIONS AND AGREEMENTS TO PURCHASE PAR'UCIPATIONS
IN LOANS-UNDER THE ACT APPROVED JUNE 25, 1940
Alabama _______________ _
California ______________ _
Tilinois _________________ _
Indiana _____ . __ _____ ___ _
Iowa __ ____ __ ____ ____ ___ _
Kentucky _____________ _
Massachusetts ________ __
Michigan ______________ .
New Jersey ____________ _
New York _______ ______ _
Pennsylvania __________ _
Washington ___________ _
Total, participations ___ ________ _
4
1
1
1
1
1
1
1
2
2
4
2
2
2
2
$238,000.00
55,493.00
8, 750. 00
19,600.00
165,000.00
12,500.00
75,000.00
106,000.00
11, 850. 00
447, 500. 00
62, 50G. 00
1, 545, 000. 00
22
19
2,747,193. 00
2
1
1
1
2
1
1
3
2
________________
$88,C00.OO
$55,493. 00 -----------------_- ______________ _________ -_______ ---------------- --------------------------------75,000.00
---------------- --- - ----------------------------72,686.08
72,624.94 -----------------7,500.00 -----------------19,500.00 ------------------- --- - --------- - ------ ------ ----- ________________ _____ __ __________ -
$66,000.00
---------------- - __ - - __ - -- - - -- ---------------74,542.82·
------ -- -------71,419.81
------------------ ------------------------------------------_______ -___ . - - _-
235,686.08
211, 962. 63-
155,117.94
PURCHASES OF CAPITAL STOCK OF CORPORATIONS CREATED BY THE RECONSTRUCTION FINANCE CORPO.,..
RATION TO AID IN NATIONAL DEFENSE, UNDER THE ACT APPROVED JUNE 25, 1940
Defense Plant Corporation 29 - - - - - - - - - - - - - - - - Defense Supplies Corporation 29 ___________ _
Metals Reserve Company 29 _________ _ ______
Rubber Reserve Company 20 ________________
Total, purchases
of capital stock_
$5,000,000.00 ----------------
$5,000,CO0.OO
$5,000,000.00
1
1,000,000.00 ----------------
1,000,000.00
1,000,000.00
5 -(42)
5,000,000.00 ------------ - ---
5,000,000.00
5,000,000.00
2 -(42)
2,000,000. 00 -- --------- -- ---
2,000,000.00
2,000,000.00
13,000.000.00 ----------------
13,000,000.00
13,000,000.00
2 -( 42)
1
---10
See footnotes at end of report.
1
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, 1940, inclusive, by States 27-Continued
NATIONAL DEFENSE-Continued
TOTAL, AUTHORIZATIONS TO BUSINESS ENTERPRISES TO AID IN NATIONAL DEFENSE, UNDER SECTION
5d OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED
~
~
"'C
Number Number
Less: Net numwithdrawn Amount disbursed
Duplica- ber of Amount authorized Amount
of authorof
or canceled
izations borrowers tionsu borrowers
State
Alabama __ ___ _____________ ____ ___ ____ _____ ____________ _
Arizona ________________ _____ ______ _____ ___ _____________
Arkansas ___________ __ _________________________________
California __ __ ___ __- _____ - _____ - _- - _-- _-- - _- _- -_- -_- - __ Colorado _______________________________________________
Florida ______________________________________ __ __ ______
Georgia _______ ___ ______________________________________
Idaho __ ____________________ ____________________________
Illinois
________ - __ - --------- ---- -- --- ------------- Indiana____
____________________________________
__ __________
Iowa ________________________________________ ___________
Kansas _____ __________________________ ___ ______________
Maine __ __________________________ . _- _______ _____ ______
Maryland _________ ______ ___________ _______ ____________
Massachusetts ____________ __ ___________________________
lvliCbigan ____ ____ __ ______ ______ _____________ ___________
Minnesota ____ ______ _____ ______________________________
Mississippi ________ _______________ _________ ____________
Missouri __ __ _______ __ ____ ___ ___ _______ ________ ___ ______
Montana __________ _____________ __ __ ________ ______ ___ __
Nebraska ____ __ ________________________________________
New Hampshire _______________________________________
New Jersey __ __ ___________________________________ __ ___
New York __________ ____ ____ ____________ __ ___ __ __ ______
North Carolina ______________ ____ __ __ _______ ______ ____ _
Oregon ___________ _____________________________________
Pennsylvania _______ __________________ __ _______________
South Carolina ____ ____ _____ ____ __ ___ ___ __________ __ __ _
Tennessee ___ __ ________________ ____ ___ ________ ___ ______
Texas __ __________ __ __ __________ __________ _______ _______
\Vashington ____________________ __ _____________________
WP-st Virginia ____ __ ________________ ______ _________ _____
1'.r isconsin _____ ________ ___ __ ___ ____ __ _______ _____ ______
Total ________ ____ __ __ ____ ____ ___ _________________
.-,.- .~ - ·- ---- -----
See footnotes at end of report.
4
1
4
17
4
6
2
2
1
3 ----------
1 ---------3 --------- -
15
2
3 ----------
4
1
2 ---------2 ----------
1 ---------2 ---------3 ---------5 ---------1 ---------4 ----------
3
3
5
1
7
3
3
1
2
6
2
1
1
1
11
1
3
1
3 ---------3 -------- -I ---------1 ---- - ----6 ----- -- - -2 --- ---- --1 -- ----- --1 --------- I---------11
1
1 ---------2 ---------1 ---------1 ----------
1
2
1
3
2
2
3
107
93
2 ----------
2
1
1
2
1 ----------
1
2
2
1
,5
88
1 --------- -
1
2 - ---------
...
3
1
3
13
3
3
2
2
1
2
3
5
1
4
3
3
1
1
6
2
1
1
1
10
1
1940 ~I
--
$25,362.23 ----------------- - -7,650.00
$7,650.00
151, 845.00 ---------------- - --474,185.60
765.68
54,765.00
6,840.00
371,285.05
35,000.00
69,385.00
683.67
20,655.00
13,770.00
6,885.00
6,885.00
79,720.00
6,880.00
27,470.00
20.00
34,380.00
27,540.00
27,540.00 ----- - ----- --- -----53,665.00
900.00
84,885.00
3,000. 00
23,385.00
23,385.00
162. 00
6,885.00
150,000.00 --- ------- - --------99,150.00
124,705.00
12,085.00
5,200.00
56,250.00
56,250.00
6,885.00 ---------- --------- 14,550.00
14,550.00
159,822.50
17,327.50
5,163.75 -- ----- --- --- --- ---34,425.00 -- - -- --------------6,000.00
6.000.00
5,163.75 -------------------10,293.75 -------------------3,000.00
3,000.00
20,770.00 ---------------- ---13, no.oo ·
180.00
7,06fi.OO
13,725.00
2,156,556.63
Amount outstanding as of Dec. 31,
342,203.85
$13,680.00
$11,673.1 8
------ -- -------- --- - ------------------20,595.00
18,595.5
92,377.60
87,818.5
34,245.00
31,009.4
13,680.00
11,748.4
6,840.00
5,499.4
6,885.00
6,885.0
----- ---- -- -- ------- ----- ----- --------- ,9-
.
12,810.00
13,725.00
6,840.00
13,590.00
52,765.00
6,885.00
10,951.8
12,383. 39
5,492.3 3
11,831.1 4
43, .547. 11
6,885.0 0
------------ -- ------ ------- ----- ------- -
0
~
>-3
0
>=_j
~
t:rj
0
0
~
U)
8
~
d
0
8
~
0
z
6,723.00
~
------------------------------- -- ---- - 18,865.80
18,865.80
z
>
z
0
6,723.00
6,885.00
6,885.0 0
-------------------- -- - -- - - ------------ 6,885.00
6, 88,5. 00
------------------------ -----------59,730.00
57,250.1 3
-------------------- -- ---------- ------- 27,540.00
25,544.0 9
------------------- ----- -- ------ - - ------------------------------------- -- ----
------------ -------- -- -- ------------------------------------------ ------- -
462,596.40
422,868. 84
20,770.00
13,590. 00
6,660.00
18,130.00
12,246.9 3
6,018.3 9
~
t_::j
0
0
~
"'C
0
~
>
8
0
z
-----~-
:..
~
~
44
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, 1940, inclusive, by
States 27 -Continued
TABLE
NATIONAL DEFENSE-Continued
LOANS TO BUSINESS ENTERPRISES TO AID IN NATIONAL DEFENSE , UNDER SEC.
FINANCE CORPORATION ACT, AS AMENDED
State
Number of
authorizations
Number of
borrowers
Amount
authorized
Amount withdrawn or
canceled
5d OF THE RECONSTRUCTION
Amount
disbursed
Amount outstanding as of
Dec. 31, 1941 a1
-- --
Alabama _______________
Arizona _________________
Arkansas __________ _____
California _______________
Colorado ________________
Florida ___ _____ _______ __
Georgia _________________
Idaho ____ _____ ___ __ __ ___
Illinois ____ ____ __________
Indiana _________________
Iowa ______ ______________
Kansas _________________
Maine __________________
Maryland ____ _____ _____
Massachusetts __________
Michigan _______________
Minnesota _______ _______
Missouri ___ _____________
Montana _______________
New Hampshire _____ ___
New Jersey _______ ____ __
New York ______________
Oregon _______ _________ _
Pennsylvania _________ __
'\Vashi ngton ____________
West Virginia _______ ____
Wisconsin ______________
Total, loans __ _____
2
1
3
14
4
4
1
2
1
3
3
5
1
7
2
3
1
5
1
1
1
8
3
1
3
2
2
1
1
2
13
3
2
1
84
72
--
2
1
2
3
5
1
4
2
3
1
5
1
1
1
8
2
1
3
2
1
$13,680.00 ---------------$13,680.00
$11,673.18
7,650.00
$7,650.00 ------------------ ---------------20,595. 00 -------------- - 20,595. 00
18,595.56
401,685.60
18.00
92,377.60
87,818.53
54,765.00
6,840.00
34,245.00
31,009.48
272,371.30
35,000.00
13,680.00
11,748.45
45.00
6,885.00
6,840.00
5,499.44
20,655.00
13,770.00
6,885.00
6,885.00
6,885.00
6,885.00 ------------------ ---------------79,720.00
6,880.00
12,840.00
10,951.89
20. 00
27,470.00
13,725.00
12,383.39
27,540. 00
34,380.00
6,840.00
5,492.33
27,510.00 ---------------13,590.00
11,831.14
53,665.00
900.00
43,547.11
52,765.00
9,885.00
3,000. 00
6,885.00
6,885.00
23,385.00 ------------------ ---------------23,385.00
162. 00
6,885.00
6,723.00
6,723.00
64,7C5.00
39,150.00
18,865.80
18,865.80
6,885.00 --- --- -- -------6,885.00
6,885.00
6,885.00 ----------- ----6,885.00
6,885.00
14,550.00
14,550.00 ------------------ ---------------122,495.00 ---------- --- -- 59,730.00
57,250.13
34,425.00 ---------------27,540.00
25,544.09
6,000. 00
6,000.00 ------------------ ---------------20,770.00 ---------------20,770.00
18,130.00
13,770.00
180.00
13,590.00
12,246.93
13,725.00
7,065.00
6,660.00
6,018.39
1, 372, 311. 90
199,040.00
462,596.40
422,868.84
AGREEMENTS TO PURCHASE PARTICIPATIONS IN LOANS TO BUSINESS ENTERPRISES TO AID IN NATIONAL
DEFENSE, UNDER SEC. 5d OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED
Alabama __ ____ _________ _
Arkansas ______ _______ __
California ___ __ ______ ___ _
Florida _______ _________ _
Georgia ________________ _
Massachusetts _________ _
M!ssissi~pL ____ ____ ___ _
M1ssoun ____________ ___ _
Montana ______________ _
Nebraska _____ ______ ___ _
New York _______ ______ _
North Carolina ________ _
South Carolina ________ _
Tennessee _____________ _
Texas __________________ _
Total participations _____ ______ _
2
1
2
1
3
2
2
2
2
1
1
$11,682.23
131,250.00
72,500.00
98,
75
62, 913.
500. 00
75,000 00
150,000.00
60,000.00
5, 20C. 00
56,250.00
37, 327. 50
5, 163. 75
5, 163. 75
10, 293. 75
3, 000. 00
23
21
784,244.73
2
1
1
2
1
1
1
3
1
1
See footnotes at end of report.
1
1
1
1
1
1
3
1
1
---------------- ------------------ ------------------------------- ------------------ ---------------$747.68 ----------- ---- --- ---------------- --------------638. 67 -----------------__________________ ..---------------______________ _
-- -------- - --- -- ------------------ ------------------------------- --------- --------- ---------------60,000.00
5, 200. 00 -----------------_... ________________ ---------------_______________ .
56,250.00 ------------------ ---------------17,327.50 --- - ------------ - - ---------------________________ ____________ - - - _- - - _- - - - - - - - - - - - - ___ ______ _____ _________ __________________ _______ ---- -- --- -------- ------------------ ---------------3,000.00 ------------------ ---------------143,163.85 ------ -- ---- ------ ----------------
45
REPORT OF RECONSTRUCTION FINANCE CORPORA'rION
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, 1940, inclus1:ve, by
States 27 -Continued
TABLE
MINING, MILLING, OR SMELTING OF ORES
LOANS TO BORROWERS ENGAGED IN THE MINING, J\,1ILLING, OR SMELTING OF ORES
[Under sec. 14 of the act approved June 19, 1934, as amended]
State (according to
location of property)
Number of
authorizations
Number of
borrowers
1
38
50
12
2
2
1
1
30
38
12
2
2
1
2
9
13
3
4
1
1
3
2
1
1
10
Amount
authorized
Amount withdrawn or
canceled
Amount
disbursed
Amount outstanding as of
Dec. 31, 1940 31
- - ---- - - - - - - - - - - Alabama ________________
Arizona _________________
California _______________
Colorado ________________
Georgia _________________
Idaho _________________ - Kentucky _____ _________
Michigan __ _____________
Montana _______________
Nevada _________________
New Mexico ____________
0 regcn ____________ ___ __
South Carolina ___ ______
South Dakota __________
Utah ___________________
Virginia ________________
ashington ___________ _
Wyoming _______________
Alaska __________________
,v
--Total _____________
4
10
13
3
5
1
1
3
2
1
1
18
$12,500.00 ---------------- ------ - ------- -- -1,730,500.00
$1,262,000.00
$462,500.00
3,927,100.00
1,262,500.00
2,664,600.00
1,495,000.00
1,422,000.00
73,000.00
24,00C.OO
10,000.00
14,000.00
240.000.00
240,000.00 --- ·- ------------- 120,000.00
77,800.00
42,200.00
280,000.00
100.000.00
73,109.40
985,000. 00
257,000.00
728,000.00
4,435,000.00
3,155,000.00
210,000.00
41,000.00
20,000.00
21,000.00
428,500.00
413,500.00
15,000.00
20,000.00
20,000.00 ---- - ---- -- ---- - -20,000.00
20,000.00 -----------------42,000.00
60.000.00
18,000.00
22,000.00
8,000.00
14,000.00
20,000. 00
20,000.00 - -------------- --20,000.00
15,000.00
5,000.00
2,695, 000.00
135,000.00
2,150,000. 00
- -- - - - l- 168
16,575,600.00
136
8,479,800.CO
6,490,409.40
------- --- --- - --
$267,500.00
1,850,600.00
69,305.79
9,688.93
-- - ---------- - --
--- - --------- ---- - -------------
243,000.00
24,617.73
15,000.00
----------------
------------------------ -- - - --8.000.00
14,000.00
---------------5,000.00
1.270,000.00
--
3,776,712.45
SELF-LIQUIDATING PROJECTS, ETC.
LOANS ON SELF-LIQUIDATING PROJECTS
[Under sec. 201 (a), title II, of the Emergency Relief and Constructicn Act ot 1932, as amended]
State
Number of
authorizations
Number of
borrowers
Amount
authorized
Amount withdrawn or
canceled
Amount
disbursed
Amount outstanding as of
Dec. 31, 1941 a1
---Alabama ____________ ____
Arizona ________________ _
Arkansas _______________
California _______________
Colorado ________________
Connecticut ____________
Florida _________ __ __ ____
Georgia _________________
Idaho __ _________________
Illinois ______ ____________
Indiana _____________ . __ _
Iowa _____ ________ ______ _
Kansas _________________
Kentucky ______________
Louisiana _______________
Maryland ______________
Michigan ________ __ _____
Minnesota _____________ _
M!ssissi~pi ____________ _
M lSSOUrI _ - - - - - - - - - - - - - - Montana ___________ . ___
Nebraska __ ____________ _
New Hampshire ________
New Jersey _____________
New Mexico ____________
New York ______________
North Carolina _________
Ohio _______________ __ ___
Oklahoma ______________
Oregon _________________
Pennsylvania _________ __
South Carolina _________
South Dakota ___________
6
5
10
13
5
1
7
2
1
7
4
1
3
16
4
1
3
1
2
3
2
2
1
5
6
10
8
10
2
2
6
3
10
8
5
1
7
2
1
7
4
1
3
14
4
1
3
1
2
3
2
2
1
4
4
9
8
9
2
2
4
4
3
1
See footnotes at end of report.
2
1
$224,000.00
1,703,500.00
1, 463, 851. 92
310, 020, 097. 06
2,002,233.79
100,000.00
1,644,930.78
41,000.CO
60,000.00
7,830,723.00
833,000.00
9,700.00
820,000.00
1,519,624.00
16,063,000.00
59,850.00
718,841.47
575,000.00
325,000.00
99n. 140.00
207,000.00
7,5, 000. 00
250,000.00
3,361,904.37
6,279,600.00
27, 218,000.00
1,120,473.20
628,800.00
299, 982.81
734, 62,5. 00
315,000.00
230,500.00
10,5, 000. 00
$74,500.00
$149,500.00
I. 690,000.00
13,500.00
515,000.00
9-!8, 851. 92
276,107,097.06
6,097,000.00
572,430.00
1, 429, 803. 79
100,000.00 --- - ---- - ------- - 714,930.78
930,000.00
22,000.00
19,000.00
60.000.00
-------- --- - - - -3,074,473. 00
4,756,250.00
60,000.00
773,000.00
9,700.00 - ------- - ---- - -- - 820,000.00
------------ -- - 521,624.00
998,000.00
14,273,222.80
1,789,777.20
59,850.00
--- --- -- - ------ 643, 841. 47
75,000.00
575,000.00 -- -- - -- --- - ------275,000.00
50,000.00
42,000.00
954,140.00
180,000.00
27, 000.00
15,000.00
60,000.00
250,000.00
-- ----- - -- -----3, 276, 000. 00
85,904.37
5,635,600.00
309,000.00
21,862,000.00
5,356,000.00
528,000.00
592,4i3. 20
453,500.00
li5, 300. 00
299,982.81
--------- -- - - --724,625.00
10,000.00
100,000.00
21 ,5, 000. 00
149,500.00
81,000.00
105, 000. 00 _____________ __ ___
$55,000.00
1,485,000.00
578,190.45
12,000.00
877,000.00
--------- - -- - - - -
425,000.00
3,000.00
60,000.00
97,000.00
--------------- -- -- - -- - ---- - - - -
755,000.00
187,000.00
---- - ------ - ----- ------ ---- -- --
625,242.17
- - --- - -- - - -- ----
125,000.00
-- ---- - -- - ----- -- ------ -- - --- ---- --- - - -- -- - ---
--- - -- --- ----- - _ --------------
5,482,600.00
7,098,700.00
344,000.00
141,500.00
- -- -- - - - - -- - --- -
724. 157. 50
· --- ---- - -- - - -- -
58,212. 11
- -- - - - - -- - - ---
--
-46
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, 1940, inclusive, by
States 27-Continued
TABLE
SELF-LIQUIDATING PROJECTS, ETC.-Continued
LOANS ON SELF-LIQUIDATING PROJECTS-Continued
Number of
authorizations
State
Number of
borrowers
Amount
authorized
Amount withdrawn or
canceled
Amount
disbursed
Amount outstanding as of
Dec. 31, 1940 31
- - --- - - - - - Texas ___ __ _______ ______ _
21
20
Utah ____ __ __ ______ _____
6
6
Virginia __ ________ _____ _
8
8
Washington ___ __ __ _____
2
2
'West Virginia __________
1
1
Wisconsin ______________
1
1
Wyoming _____ ___ _______
1
1
Puerto Rico _______ _____
1
1
- -Total _____________ - 192
176
$4,278,662.85
$3,185,650.00
$1,093,012.85
$17,000.00
737,300.00
685,300.00
52,000.00
10,500.00
2,110,225.80
131,376.00
1,978,849.80
178,143.40
3,026,318.37
2,476,318.37
550,000.00 ---------------3,000.00
3,000.00 ------------------ -- -------------40,000.00 ---------------40,000.00 ---------------125,000.00
125,000. 00 ------------------ ---------------1. 300, 000. 00 ---------------1,300,000.00 ---------------31,524,243.14
399,456,884.42
339, 781, 641. 28
19,339,245.63
LOANS TO PUBLIC AGENCIES TO AID IN FINANCING PROJECTS AUTHORIZED UNDER FEDERAL, STATE,
MUNICIPAL LAW
OR
[Under sec. 5d of the Reconstruction Finance Corporation Act, as amended]
A la barn a ________ __ ___ ___
Arizona ________ ____ __ __.
Ark ans as ________ __ ____ .
California _______ __ _____ _
Florida _________ ______ __
Georgia ________________ .
Idaho .____ ___ __ ____ _____
Illinois _________________ _
Indiana _____________ ____
Iowa ____ ____ ____ ________
Kansas ______ - _______ . __
Kentucky ______________
Louisiana ___ ________ ___
Maine __________ _______
Michigan ______________
Mississippi_ .. ______ ____
Montana __ _ . _______ ___
New Hampshire _______ _
New J ersey ___ __ ___ ___ _
New Mexico ------ - --- New York _________ __ __ _
North Carolina ___ ____ __
0 hio __________ _______ - __
0 klahoma ____ _________ _
Pennsyl vani~- ___ _____ __
South Carolina ________ _
Tennessee ____ ________ __
Texas ______ __ ____ ____ __
Utah ---- - - ---- -- - - ---Washington _____ _______
Wisconsin ____ __________
Total _____________
2
2
13
1
1
1
5
26
7
3
1
10
1
1
1
3
4
25
4
7
3
3
3
21
7
1
1
$3,6!6,000.00
515,000.00
560,300.00
5,807,500.00
2,333, 000.00
4,967,991.81
17,500.00
814,900.00
91,100. 00
255,000.00
7,000.00
148,000.00
l\:l,000. 00
25,000.00
1.5,000.00
15,320,500.00
175,000.00
1,769,000.00
418,000.00
30,000.00
67,266,036.00
933,000.00
1,454,000.00
766,000.00
57,941,088.76
200,000.00
14,308,000.00
20,339,000.00
217,400.00
14,220,000.00
55,000.00
187
162
214,634,316.57
6
4
13
6
13
6
2
12
2
1
3
4
10
5
13
6
2
12
2
1
I
I
4
4
1
1
4
4
26
8
7
3
3
1
1
----
$216,000.00
$2,500,000.00 ---------------430,000.00
$100, 000. 00
124, 000. 00
238,300.00
181,300.00
16-1, 100. 00
5,639,400.00
19,300.00
231,000.00
1,606,000.00
907,000.00
66,000.00
4, 901, 991. 81
.85, 000. 00
12,500.00 --------- -- --- - -------------- -667,000.00
95,200.00
95,200.00
67, 100.00 -- - - -- -- -------- - --- ------------255,000. 00 ------------ - - --- ---------------7,000.00
6,650.00
--- -- - -- - - -- - --64,000.00
64,000.00
------------ ---19,000.00
18,500.00
-------------25,000.00 ---------------- ------ ------ - - -5,000.00
10,000.00
10, 000.00
9,641,500.00
5,577,500.00
2,479, 000.00
------------ - -- · ------ ---- - ----- -- ----- ------ - -1,769,000.00 ---------------- -------------418, 000.00 ------ ------- --- - - - - - -- -- - - - - 200.00
19,800.00
19,800.00
566,000. 00
10,400,036.00
700,000.00
64,000.00
346,000.00
256,000.00
737,000.00
717,000.00
16,000.00
701,000.00
101,000.00
- - - ------- - - - 10,000.00
57,931,088.76 ------- --------22,500. 00
22,500.00
------------ - 6,000,000.00
8,308,000.00
8,307,600.00
226,500.00
3,245,000.00
369,500. 00
63 , 000. 00 ---------------- ---------------13,285,000.00
9, 765, 000. 00
--------- - - --55,000.00 - ----- ---- - ----- . ----------------- - -- - ----
--
15,161,900. 00
122,364,816.57
23,523,350.00
DRAINAGE, LEVEE, AND IRRIGATION DISTRICTS
LOANS TO DRAINAGE, LEVEE, IRRIGATION, AND SIMILAR DISTRICTS, ETC.
[Under the Emergency Farm Mortgage Act of 1933, as amended]
..Arizon-a __ __ ___ _____ ____ _
.Arkansas ______________ _
Californii:i _______ _______ _
Colorado _______________ _
Florida _______ ___ ______ _
Idaho _________ ________ _
.Illinois ________ _________ _
Jowa ___________________ _
Kentucky ___ _____ ____ __
22
147
144
61
72
60
94
13
4
See f ootnotes .a-t end of report.
8
86
61
33
35
29
44
7
3
$13,884,453.77
15,187,745.51
49,628,346.61
5, 194, 841. 35
5, 615, 531. 44
3,081,515.33
3,860,385.67
383,500.00
91,932.45
$10, 655, 440 .. 33
2,288,035.24
21, 789,845-68
2, 252, 601. 01
501,441.96
894,285.32
923,961.88
183,000.06
21,854. 36
$3,211,248.55
12, 716, 747. 20
25. 742, .710. 87
2,874,993.08
4,752,592.46
1,828,333.96
2,829,767.41
194,836.55
69,603.70
$3,028,735.27
11, 414, 076. 07
25,132,950.09
2,695,978.97
4,519,977.14
1, 629, 151. 77
2,463,752.96
166,386.83
64,503.83
REPORT OF RECONsr_rRUCTION FINANCE CORPORATION
47
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, 1940, 'inclusive, by
States 27-Continued
TABLE
DRAINAGE, LEVEE, AND IRRIGATION DISTRICTS-Continued
LOANS
TO DRAINAGE, LEVEE, IRRIGATION, AND SIMILAR DISTRICTS, ETc.-Continued
Nurnber of
authorizations
State
Number of
borrowers
Amount
authorized
Amount withdrawn or
canceled
--
---Louisiana _______________
Minnesota ______________
Mississippi_ ____________
Missouri_ _______________
Montana _____ __________
Nebraska _______________
Nevada _________ ________
New Mexico __________ __
North Carolina _________
Oregon _________________
South Carolina __________
South Dakota--~--~ ~----Tennessee ___________ - __
Texas _____ ______________
Utah ____________________
Virginia ________________
Washington __________ __
Wisconsin ______________
'Wyoming _______________
2
63
7
6
7
138
16
2
30
1
3
10
2
26
6
6
5
60
12
2
17
1
2
$1,494,433.77
302, 50J. 00
5,435,235.56
8,130,349.86
1,960,749.31
1,694,330.20
969,433. 00
963, -807. 76
174,000.00
3,094,236.46
305,160. 00
156,100.00
110,300. 00
16,852,824.64
637,500.00
136,200.00
1,425,495.70
22,000. 00
68,900. 00
TotaL ____________ 1. 203
654
140,861,808.39
21
1
117
108
31
15
6
12
--
19
1
71
76
18
10
4
Amount
disbursed
Amount outstanding as of
Dec. 31, 1940 31
-
$681,252.70
$813, 181. 07
$75,5, 696. 53
302,500. 00 ------------------ ------ --- ----- -659,775.90
4,756,412.61
3,952,374.64
1,430,533.94
6,664,682.27
5,548,530.80
539,2:SO. 70
1,262,226.23
1,169,139.58
129,663.51
1,564,666.66
1, 465, 000. 00
434,856.94
534,576.06
471,500.00
84,807.76
868,385.87
720,500.00
1,000.16
36,999.84
35,500.00
120,928.20
2,848, 109. 89
2,328,336.58
155,231.63
149,928. 37
128,500.00
6,000.00
150,100.00
119,000.00
18,0JO.OO
91,799.49
83,893.49
1,093,470.80
15,206,188.04
14, 279, 421. 90
322,000. 04
315,499.96
243,500. 00
200.00
136,000.00 ------- - -- - - ---257,122.80
I, 168,372.90
984,500.00
22,000.00 --- ------ - - ------- - ----- - - -- ---- -500.00
62,400.00
58,900.00
45,769,590.95
90,850,363.04
83,459,812.45
REPAIR OF DAMAGE BY EARTHQUAKE, FLOOD, ETC.
LOANS FOR FINANCING REPAIR OF DAMAr.E
IN
1933
[Under sec. 201 (a) (6), title II, of the Emergency Relief and Construction Act of 1932, as amended]
·California _______________
Kansas _________________
Louisiana _______________
Maine __________________
Tennessee ______________
Total _____________
6
1
1
4
1
1
1
1
2
1
$7,500,000.00
1,000,232.20
200,000.00
1,650, 000.00
100,000.00
$639.00
886,527.32
43,200.00
990,627.04
130. 74
13
6
10,450,232.20
1,921,124.10
--
LOANS TO FINANCE REPAIR OF DAMA0E
lN
$7, 499, 361. 00 ---------------113,704.88
$104,474.88
156, 800.00
67,678.31
659,372.96 ---------------99,869.26 ---------------8,529,108.10
172,153.19
1933, 1934, 1935, AND 1936
[Under the act approved Apr. 13, 1934, as amended]
California _______________
Connecticut_ ___________
Florida _________________
Georgia _________________
Maine __________________
Maryland __ _____ _______
Massachusetts __________
Mississippi_ ____________
Montana _____________ __
New Hampshire ________
New Jersey _____________
New York __ ____________
North Carolina _________
Ohio ___ _________________
Pennsylvania ___________
Texas -----------------West Virginia _____ _____
Total _______ ______
4
52
1
157
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
705
667
20
----
See footnotes at end of report.
$1,252,830.00 ---------------$2,150,000.00
$897,170.00
142,945.00
51,770.00
91,175.00
$36,190.00
11,541.00 ----------- - ---50,000.00
38,459.00
1,335,500.00
345, 694.65
989,805.35
645,419.42
8,450.00
1,217.05
24, 250.00
15,800.00
24,600.00
13,000.00
11,600.00
1,493.00
66,824.00
8,227.18
258,335.00
325,159.00
175,870.98
83,766.09
216,250.00
40,379.02
18,142.24
116,635.00
150,000.00
33,365.00
23,471.14
8,478.11
19,478.86
42,950.00
500.00 ------------------ ------- --------500.00
25,383.75
17,625.00
36,072.00
53,697.00
10,500.00 -- -- - ------ - - - --- - ---------------10,500.00
4,900.00
1,624.14
4,900.00 ------- - --- - -- -231,878.23
643,822.75
1,035,387.75
391,565.00
20,000.00 ----- --- - - -- ---140,000.00
120,000.00
110. 00
20,950.00
6,700.00
27,650.00
5,734,288.75
2, 260, 341. 53
3,473,947.22
1,061,929.21
48
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, 1940, inclusive, by
States 27-Continued
TABLE
ALL OTHER
LOANS TO CREDIT UNIONS
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
Number of
autborizations
State
Number of
borrowers
Amount authorized
Amount withdrawn or
canceled
Amount disbursed
------ --
---- -- -Massachusetts __________
Michigan _____ ___ _______
J.\,Iinnesota ______________
New York ______________
Rhode Island ____ _______
Virginia __ __ _________ ___
3
1
1
1
2
2
-10
Total _____________
Amount outstanding as of
Dec. 31, 1940 31
2
1
1
1
1
1
$843.42
$74,555.00
$73,711.58
$11,074. 5S
65,000.00
9,504.30
55,495.70 ---------------261. 29
10,000.00
9,738.71 ---------------20,000.00 --- ----- - ----- ---- ---------------20,000. 00
12,263. 00
467,446. 00
455,183.00 ---------------5,966.80 ---------------5,966.80 ----------------
7
642,967.80
42,872.01
600,095.79
11,074.58
LOANS TO PROCESSORS, OR DISTRIBUTORS, SUBJECT TO PROCESSING TAXES
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
Connecticut_ ___ ________
Kentucky ______________
Montana _______________
New Jersey ___ __________
Ohio ________ ____ ________
Pennsylvania __________ _
Tennessee _____ _________
Tot;1l _________ __ __
1
1
1
1
1
1
1
1
1
1
1
1
7
7
l
1
$567.68 ---- ---- ------ -$567.08 -- -------------3,428.00 ------- - -------3,428.00 ---------------487.90
$487.90 ------------------ ---------------3,300.00
3,300.
00 , ---------------------------------_
7,
400. 00
_________________________________
7,400.00
3,905.69 - - -- ---- ------- 3,905. 69 ---------------7,000.00
183.31
6,816.69 - ---- - -- - ------26,089.27
11, 371. 21
14,718.06
LOAN TO STATE FUND FOR SECURING REPAYMENT OF DEPOSITS OF PUBLIC MONEYS
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
Wisconsin. totaL ______
-I
1
I $13,087,715. 88 I
$23,084.70
I
$13.064,631.181----------------
LOANS TO REFINANCE PUBLIC-SCHOOL DISTRICT OBLIGATIONS
[Under the act approved Aug. 24, 1935]
Arkansas ___ ___ __ _______
Florida _________________
Texas ___________________
22
1
10
20
1
10
33
31
---Total _____________
$1, 12~,800.00
$973,800.00
$150,000.00
$145,500.00
242,000.00 --- ----- - ------- ------------------ ---------------1,431,250.00
883,000.00
415,175.00
410,675.00
2,797,050.00
1,856,800.00
565,175.00
556,175.00
LOAN FOR PAYMENT OF TEACHERS' SALARIES
[Under sec. 16 of the act approved June 19, 1934, as amended]
Illinois, totaL ___________
I
See footnotes at en1 of report.
11 $22,500, ooo. ool
$200,000.001
$22,300,000.001----------------
49
REPORT OF RECONSTRCCTIO~ FINA~CE CORPORATION
4.-1Vumber of mdhorizations and borrowers, to which a-uthorizations were
made; and amount of authorizat?"ons, 1m:thdrawals or cancelat1:ons, dusbursements,
and amount outstand1.·ng, from Feb. 2, 1932 , to Dec. 31, 1940, incfosive, by
States 27-Continued
L:\BLE
ALL OTHER-Continued
LMOl:XTS ~1ADE AY.HLARLE FOR RELIEF .\ND "'ORK RELIEF, li NDER THE EMERGENCY RI<;LIEF ANr>
CO~STRl'CTION ACT OF 1932, AS AMENDED
State
Numbn of
auI thorizations
---------
Number of
b
orrow-
Amount withdrawn or
canceled
Amount
authorized
- - - - - - - - - - - --- - - - - - - - - - - - - - - - - - - - -
lla ham a __ _____ ____ ___ __
14
1
$4, 211, 688. 00 __ __ ________ ____
7
7
9
8
6
20
5
13
15
10
7
9
1
1
1
1
1
1
1
1
1, 448,269. 00
4, 833, 967. 00
10,081,631.00
3, 832, 990. 00
3, 886, 512. 00
1, 745, 692. 00
1, 026, 566. 00
55, 443, 721. 00
fi, 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, ::168, 28.5. 00
262, f\32. 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. ()()
4, 570, 597. 00
2, 798, 290. 00
34,929,875.00
l, 123, 500. 00
4, 575, 270. 00
1, 803, 045. 00
3, 37 5, 352. 00
7,952,292.00
2, 923. 439. 00
3, 495, 304. 00
5, 977, 430. 00
9, 6!i5, 218. 00
12, 395. 362. oo
394, 93.5. 00
360, 000. 00
\rkansas ___ __ _____ ____ _
Jolorado _ . __ ____ . _... ..
Florida ____ _____ ___ __ __ _
}eorgia ______ ____ ______ _
[dabo __ _____ __ ___ ______ _
Ulinois ______ ___ ___ ______ _
[ndiana _____ __ _____ __ ___
[owa ___ _________ _______ _
Kansas ____ ______ ____ ___
Kentucky _____ ___ __ __ __
Louisiana . ___ ________ ___
Maine _. .. ____________ __
Maryland ____ ____ ____ __
Michigan. __ ___ ___ _____ _
:Minnesota ___ __ __ . _____ _
M!ssissi :ppi ___ ___ ____ ___
l\,f 1ssour1. _________ __ __ __
~fontana ___ .. ____ ___ ___
Nnada ____ ___ ___ __ ___ _
New Hampshire ______ __
New Jersey __ ______ ____ _
New ::\lcxiro _____ __ ___ __
~cw York _____ ___ __ ____ _
North Carolina ____ ____ _
North Dakot.a ___ _____ __
Ohio _____ _____________ __
Oklahoma . _____ -·····- ___
Oregon_ ______ ____ ____ _
Pennsylvania. ___ ____ __
Rhode Island ___ ___ ____ _
8outh Carolina __ ___ __ __
South Dakota __________
Tennessee ______ __. __ . __
Texas __ ____. ___ __ ______ _
Utah __ ___ __ _____ ____ ___
Virl!:inia __ __ ____ _______ _
\Vashington ___ ____ __ _
West Virginia __ __ ______ _
Wisconsin __ _______ ____ _
Hawaii . __ _____ .. __ ____ __
Puerto Rico ____ _______ _
Amount outstanding as of
D ec. 31, 1f140
ers
lrizona _______ __ _____ . __
:alifornia_ _________ ___ _
Amount
disbursed
o
6
2
30
8
8
16
21
10
3
1
5
,5
5
11
37
5
16
7
2
7
5
13
13
9
20
18
15
5
2
1
1
1
l
I
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
l
1
1
1
1
1
1
1
1
-- - -- -- -- - -----_______ ______ __ _
__ ___ ____ __ ____
_____ _____ ______
______ _ _______ __
_____ _____ __ _. _ _
__________ ______
_____ _________ __
. _ __ __ __ _ _ __ __ __
____ ____ __ __ ___ _
______ __ _____ ___
____________ ___
_____ _____ __ ___
. ___ __ _____ ___ __
____ _________ __.
________________
- - --- - - --- -- --- •
-- - -- - --- - - --- - __ ____ __ ___ ___ __
__ . ___. ______ ___
__ ___ ____ . __ __ __
. ____ .. ____ ___ .
____ __ __ ___ _____
____ __. _____ ___ .
__ __ ____ ____ . _ _
__ ____ _ ____ __ __
________ ________
$15,000. 00
__________ __ __ __
________ _____ ___
·- ---------- - - -______ ______ ____
. ____ ____ _______
__ ___ __ . ________
_. ____ ____ __ ___
1. 00
__ ___ _______ ___ .
________ _ . __ .. _ __
_ _____ ____ __ _ ___
_ ___ ____ __ __ ____
________________
________________
__ _ . ___ _ . ____ ___
Total. ______ ______ 4 4 2 1 ~ 1 300, MO, 000. 001
See footnotes at end of report.
15, 001. 00 1-
$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 _____ ___ __ ___ __ _
l, 026, 56f\. 00 _____ ____ _______
55, 443, 721. 00 __ ____ _________ _
5, 179. 931. 00 __ __ ______ __ ___ .
2,151,430.00 --- - --- -- --- -- -2, 592, 934. 00 _ _ __ _ ___ __. ___ _
fi, 728, 987. 00 _ _ ____ __ __ ____ _
8, 200, 127. 00 ____ __ .. __ . ___ __
252, 895. 00 ___ _. _____ ____ __
176, 380. 00 . _________ _____ _
2I , 808. 199. 00 ________ _______ _
2,581. 787.00 _______ ________ _
4, 058,919.00 - -- - --- - -- - - - --·
4, 616, 789. 00 ___ __ ___ _______ _
2, 368. 285. 00 ___________ __ . . _
262 . 632. 00 __. _____ ____ ___ .
1, 366, 603. 00 _____ __ ______ __ _
2. 00'..),291.00 ________ _______ _
~87, 90:3. 00 ________ _______ _
26, 601), 000. 00 __ _ __ ___ . __ . ___
5. 950. 000. 00 _ _ _ _ ___ _____ __
.592, 708. 00 __ _____ ___ __ ___ _
19,257, 205.00 __ ___ __ __ __ ____ _
4, 570, 597. 00 __ __ ___ __ ___ ___ _
2, 793, 290. 00 _ ___ ____ __ _ __
34.929,875. 00 -- -- - -- - - -- - - - - 1, 123. 590. 00 . __ __ . ___ __ _ __
4, i'i75, 270. 00 ____ _____ _ __ . __
1, 803, 9-15. 00 _ _______ __ _ ___ _
3, 37 5. 3,52. 00 ______ . __ __ . ___ _
7.952,291.00 -- - -- - - -- -- -- - - 2. 923, 4:39. 00 __ ___ _. . __. __ _ . _
~• 195, 304. 00 _ .. - - - - - - - - . - - - - ;i, 977, 4 30 ()() __ ___ __ __ ______ _
9, 65.5, 218. 00 __. ___ _____ ___ __
12, 395, 3r,2. oo 1I_ _ _ _ _ __ _ _ _ _ __ _ _
394, 935. 00 ,- ______ __ __ . __ __
360, 000. 00 __ ____ ____ ____ __
34-2-99-.
98--1.-99_9_00- :
(3 4)
-
50
REPORT OF' RECONSTRUCTION FINANCE CORPORATION
!.-Participations by banks, etc., in loans to business enterprises authorized by the Reconstruction Finance Corporation, by States (except
i n conn ection with national defense)
TABLE 4-ADDENDUM
fUnder sec . .5d of the Reconstruction Finance Corporation Act, as amended]
[From June 19, 1934, to Dec. 31 , 1940, inclusive]
Amount authorized to be taken by banks, etc.
State
Loans by banks ,
etc., in which
Sales of partieipa- Reconstruction
tions b y ReconCorporastruction Finance Finance
tion authorized
Corporation to
purchase of imbanks, etr. 43
mediate participation 44
Loans b y banks,
etc., in which
Reconstruction
Finance Corporation authorized
purchase of deferred participation 44
Total
- -------
Alaban1a ______ ________ _____ __ __I
$179,650. oo l
$130,876. 67
$430,275.00
Arizona _____ _______________ ____
3,625. 00
100,000.00
410,427.86
_-\ r kansas ________ _____ ___ ______II
76,830. 00
38,800. 00
75, 925.00
California ______ ____ _____ ___ ___ _
128,880.54
177, 191. 18
10, 112,125.00
Colorado ____________ __ __ ____ ___
24,875. 00
130,500. 00
287,371.67
Connecticut_ __ _____ ___________ _
190,250. 00
137,916.67
160,955.00
D elaware ___ ______ _____ ____ ___ _ ·· - - - - - - --- - - -- -- -27,500.00
- - -- - - - - District of Columbia _______ ___ _ -- -- - - - ----- ----- - ---- - -- -- - --- --- - - --- - -- --- 52,550.
00
Florida ______ _______ __ __ _- __ __ -236, 800. 00
57,750.00
584,270.00
G eorg1a
. _____ __ ______ ___ __ __ ___ _
851. 251 . 16
332,175.00
2, 571, 814. 14
Idaho ______ ___ ___ _____ _____ . ___
2,500. 00
27, 900.00
43,024.00
Illinois ___ __ _________ _____ ___ ___
169,953. 78
401. 191. 67
220,085. 00
Indiana _____ _____ __ ____ __ ______
250,000.00
131. 900. 00
575,000. 00
Io\\'a _____ ______ ________ _-- - - - - 20,250.00
82,250.00
55,625.00
Kansas _ ___ ______ __ __ _________
50,550.01
97,666.67
244,557.93
K entucky ___ ____ ________ ____ ___
60,325. 00
30fi, 750.00
890,112.50
L ouisiana __ ____ ____ ____ ___ ____ _
8, 000.00
20,500. 00
22,450.00
Maine ________ ______ ____ ___ _____
3,000.00
61,500.00
108,270. 00
Maryland _________ _____ ______ __
23,750. 00
l , 071 , 160. 00
152,700.00
M assachusetts ______ ___ ______ __
295,656. 66
541,650.00
401,615.00
::\ficbigan ______ ____ ____ __ __ ___ _
547, 625. 00
190, 000. 00 .
1, 391 , 050.00
M innesota ________ _____ ____ ____
142, 320. 00 ,
6,5, 875. 00
251, 7f>7.50
M'~SSlSSIJ?PL
. . . _- _ __ - ___ - - - - - - - - - - 27,500. 00
10,950.00
109,840.52
M1ssoun ___ _____ _____ __ ___ _____
107,114. 95
80,766.67
1,733,480.00
Montana ___ ____ ________ ____ ____
115,051.42
19,807. 50
125, 675.00
N ebraska __ ___ ___ __ __ ___ _____ __
38,250. 00 ,
1R2, 106. 66
24,641. 56
New H ampshire _______________
235.ooo.oo l___ _____ · - --- -- - 88, 500. 00
New J ersey ____ ______ _______ ___
92,291.67
446. 180.00
481,850.00
N ew Mexico __ ______ ___ _______ _ - - - - ----------- - -136, 967. 30
114,000.00
New York ______ ______ ____ ____ _
452,050. 00
486, 595. 79
2, 012,908. 33
North Carolina ___ ______ _______
74,750. 00
821,000. 00
632,880.00
North Dakota ___ __ __ ___________
3,050.00
390. 00
11,300. 00
0 hio ____ _____ ___ __ __ _____ ______
281,565. 00
644,047.45
1, 902, ql9. 90
Oklahoma ______ ____ ___ ___ __ ___ _
3, 000.00
54, 500.00
415,483.33
Oregon ____ ______ ____ ________ ___
242, 133.33
1, 252,500. 00
267,500.00
Pennsylvania ___ _____ __ ______ __
3,807,516. 67
1,079,150.00
1,275,435,80
Rhode Island _________ __ ___ __ __
26,900. 00
689,833. 33
82,750. 00
South Carolina _______ _________ _
3,000.00
6,000.00
414, 875.00
South Dakota _________ ___ _____ _
5, 433. 33
16, 150.00
23,000 00
Tennessee _____ ___ ______ __ ____ __
117, 884.97
1, 091, 565. 52
210, 160. 0.0
Texas _____ __________ _____ _____ _
160,300.00
121,699.90
874,403. 33
TTtah ______ __ ____ ______________ _
17,500.00
23,
500.00
101,250.00
Vermont _______ _____ ________ ___
700.00
69, 800.00
-- --- - Virginia ________ ___ ___________ __ - - --- - - - --38,500.00
103, 400. 00
854,237.50
,v ashington __ ______ ___________ _
56,375. 00
180,750. 00
5,210,258.33
\Vest Virginia ___________ ______ _
36,000.00
107,000.00
359,564.29
,visconsin ______________ _______ _
68,400.00
353,250.00
797,400.00
Wyoming __ ___________________ _
8,000.00
90,422. 75
Alaska ________________________ _ - -- ------- ------ -18,900. 00 .
65,000. 00
-----------Ha waiL _____ • ________ _________ _ -- - --- - --- - - - - - --- - ----- - -- - -- - - - --200,000.00
Puerto Rico __________________ _
112,500.00
37,500.00
-- ------------- --Total ___________________ _
9,063,100.84
11,493,550.01
, 38,532,866. 86
See footnotes at end report.
$740,80~ . 67
514, 052.86
191,555.00
10, 418,196. 72
442,746.67
489,121.67
27, 500.00
52, 550.00
878,820.00
3,755,240.30
73,424. 00
791,230.45
962, 900.00
158,125.00
392,774.61
1,257,187.50
50, 950.00
172,770.00
1,247,610.00
1, 238, 921. 66
2,128,675.00
459, 95~. 50
148,290.52
1, 921, 361. 62
260,533.92
244,998.22
323,500.00
1, 020, 321. 67
2.~o. 967. 30
2,951,554.12
1,528,630.00
14,740.00
2, 828, 13~t 35
472,983.33
l, 762,133. 33
6,162,102.47
799,483.33
423,875.00
44,583.33
1, 419, 610. 49
1,156,403. 23
142,250.00
70,500;00
996,137.50
5,447,383.33
502,564.29
1,219,050.00
98,422. 75
83,900.00
200,000.00
150,000.00
U
59,089,517. 71
REPORT OF RECONSTRUCTION FINANCE CORPORATION
51
II.-Amou.nt of disbursements for relief npon certification
of grants by the Federal Emergency Relief Administrator, under the Federal
Emergency Relief Act of 1933, from Afay 12, 1933, to Dec. 31, 1940, incfo,sive,
by States
TABLE 4-ADDENDUM
[Not included in the foregoing table 4)
State:
Alabama ____ _____ ____ ___ ____ __ __ ___
Arizona ____ . ____ __ ____ __ ____ ___ ____
Arkansas __ _________ __ __ __________ __
California ___ __ ___. ____ _________ ____
Colorado _______ . - _- _- - - _- - - - - - - -- . Connecticut. __ . _____ __ ____. ___ __ __ Delaware _____ ___ ____ _______ _______ _
District of Columbia ________ _____. _
Florida ___ _____ .. ____ ___ . __ __- _- __ __
Georgia __ ____. . _____ _____ ___ ___ - _- _Idaho ___ ____ _________ _______ ___ ____ _
Illinois ____ __ ________ ____ ___ __ ______
Indiana ________________ ___ __ - ___ __ Iov;a __ _____ __________ ___ ________ ____
Kansas __ ____ __________ __ ____ ______ _
Ken_t\!-cky ____ _________ ___ ____ ____ _Lomsrnna ________________ ___ __ _____
~-I aine _____ __ - __ -- - - - - - - - - - - - -- - - - -Maryland ______________ ____ ___ _____
Massachusetts ____________ ____ __. __ _
l\I~chigan _______________ _____ ___ ___ _
Mmnesota ___ ___________ ___ _________
M!ssissi~pL ____________ ___ _____ __ __
M1ssour1 ___ ___________ ___ ________ __
Montana _________________ _________ _
Nebraska ____________________ ___ ___ _
Nevada ___________________ _________ _
A.mount
disbursed
$8,994,391
2,834,146
7,410,249
15,823,535
3,925,050
4,594,154
1,010,708
1,056, 174
13,347,232
7,705,354
809,957
52,240,038
11,259,425
5,248,789
2,732. 726
5,945, 118
13,034,157
1,251,414
7,171,098
11,355, 140
31,369,782
8,831,959
8,550,286
6,685,494
2,853,357
2,125,699
370,801
Amount
State-Continued.
New Hampshire __ _____ ___ ______ ____
New Jersey ___ __________ _________ __ _
New Mexico ____ _____ _____ ________ __
New York ___ ___ __ __ __ __________ ____
North Carolina ___ ___ ___ _______ __ ___
North Dakota ___ __ ___ __ ___ ______ __ _
Ohio ___ ___________ ____ _______ ___ ___
0 klahoma __ _____ __ __ ________ _____ __
Oregon _____ ___ __________ ____ ___ ___ _
Pennsylvania _____ _________ _________
Rhode Island _____ __ __ . __________ ___
South Carolina ____ __ ___ ______ ____ __
South Dakota ___ ___ ____ ____ _____ ___
Tennessee ________ ___ ___ ____ . ____ ___
Texas ____________ ____ __ ____ ____ ____
Utah __ _______ ____ _____ _______ ___ ___
Vermont. _________ ________________ _
Virginia ____ _____ ______ __ _______ ___ _
\Vashington ___ __ _____ ___ __ _____ __ __
\Vest Virginia ____ ______ ______ _____ _
\Visconsin ___________ ___________ ___ _
\Vyoming ______ ____ __ ___ _____ _____ _
Alaska ______________ __ ___ _____ ____ _
HawaiL ____ ______ ____ ________ _____ _
Puerto Rico ____________ _______ ____ _
Virgin Islands. _____ __ ______. _. ____ _
disbursed
$966,436
15,423,438
889,188
63,131,826
9,709,990
3,612,520
36,763,382
6,309,005
3,213,315
44,106,509
1,870,967
10,424,200
7,035,597
6,369, 196
13,249,874
1,723,352
481,544
5, .594, 074
5,627,175
11,090,599
9,619.053
190,383
349,629
1,110,561
1,970,201
281,753
Total.--------- ----- -- -- - ----- - -- 499,650,000
TABLE
5.- .ilggregate loan and other untlwr,:zat1:ons, by acts of Congress, .from Feb . .:2, HJ;J ,'2, lo Dec. 81, 1940, inclusive
C,,)1
t-.:>
Withdra\vals or
cancelations
Authorizations
- - - -- - - - - -- - -
---------
-- - - - 1 - - - - - - - - - - : - -- - - - - - - 1
Loans under sec. 5 of the Reconstruction Finance Corporation Act, as amended:
Banks and trust companies:
Receivers, liquidating agents, and conservators ____ ____ __ _____ ___ ______ ___- J$I, 1i3, 365, 48.5. 96
Other 46 _ _ ___ ____ ___ __ ___ ___ ___ ____ _____ _____ ___ ____ __ ____ _ _______ __ __ _ ___ _ . 1, 334, 954, 661. 08
Total, banks and trust companies rn _____ . ____ ___ ___ _____ _____ ____ __ ____ . _j 2, 508, 320, 14 i. 04
Disbursements
Repayments and
other reductions 1
- - -- -
Outstanding as
of Dec. 31, 1940
---------!
~
t,:::l
~
I
0
$283, 130, 188. 3i
19fi, 606, 380. 46
$880, 493,659.17
1,138,348,280. 62
$828,031,630.07
1,075,782,678.96
479,736,568.83
- ---- ---------------
2,018,841,939. i!-l
1,903,814,309.03
$52,462,029.10
62, 565, 601. 66
~
115, 027, 630. 76
f-:3
0
~
~
-
~
Building and loan associations:
Receivers ____ ____ __ __ __ __ __ ___ _____ __ __ ____ ____ __ ____ ____________ ___ ______ _
Other . ________ __ __ ____ _____ _______________ ___ ____________ __ _____ _____ ___ __ _
25,306,796.19
139, 393,737.26
22, 352, 231. 92
12,841,164.23
2,954,564.27
119,702,677. 33
2,633,155.18
115,755,907. 78
321,409.09
3,946,769.55
Total, building and loan associations ______ _____ . _____ __ _______ ___ __ _____ _
164,700,533.45
35,193,396.15
122, fi57, 241. 60
118,389,062. 96
4,268,178.64
0
0
90,693,209.81
88,695,180.69
1,998,029.12
w
d
Insurance companies __ . __ ______ ___ ______ ___________ ___ _____ ______ ______ __ ____ __
104,439,750. 19_
,_______
Mortgage loan companies :
To aid in the reorganization or liquidation of closed banks __ _______ __ _____ _
To business enterprises ___ . ___ _____ ___ ____ ____ _____ ______ ____ ____ ____ _____ _
To The RFC Mortgage Company ____ _____ _______ _____ _, __ ______ ______ ___ _
To Federal National Mortgage Association ____ __ __ ___ __________ ___ _____ __ _
0 thcr __ _. __ . _________ ________ _______ __ ____ _. ______ ______ ___ ___ _____ _____ ___
122. 299,023.96
16,422,275.00
153,368,261.03
133,962,793.11
356,823,221 . 05
Total, mortgage loan companies ______ __ _______ _________ ___________ ___ ___
782,875, 574. 1.5
- - - - - - - -- - -
! == = = =
13,746,540.38
------18,982,262.63
10,720,439.85
4
.Joint-stock land banks ____ __ _____ __ ______ ________ _____ __ _____ __ ___ ___ ______ ___ _
Fcd<'ral intermediate <'red it hanks ___ ____ __ ___ ______ ____ ___ _____ ______ ________ _
Agricultural credit corporations __ _______ ___. _____ _____ ____ ___ _______ _________ __
Rel!ional agricult.ura 1 credit corporations ____ __ ___ ___ ____ ________ _____ _________ _
LiHstock crl'dit corporations _________ ___ ______ ___ ____ _________ ___ __ . ______ ___ _
Hrlilroads:
Lo;ins :
Ht\Cl'i wrs and trustees _______ ____________ _____ _____ _____________ ____ __ _
Othrr ______ ______ ___ __ ____ _______ __ _____ ________ ______ ___ _______ _____ __
J'ur<'hasf's of securit.ies :
Receivers and trustees ______ ________ __ __ ____________ __ ____ ___ ___ ______ _
Other ___________ __ ___ __________ _____ _______ __ ___ _______________ _______ _
Ut1arantics _______ ____ ______________ ______________ _________________ ___ ____ __
---
104,034,045.43
91,838,397.39
5,602,720.79
104,015,370.78
38,834,237.65
213,558,726.02
11,478,363.94
99,114.36
42,110,298.82
79,379,796.47
32,050,615.50
133, 736,747.91
618, 967, 641. 72
453,849,452.63
165, 118, 189. 09
---
399, 636. 000. 00
12,400,000.00
31, :m3. 3.59. 13
6,726,478.93
9. 2,'iO, 000. 00 - - ----- - ---- ---- -6,120,867. 59
477,249. 37
178,840,452.48
5, 596, 811. ifi
14, 51 l, 327. 88
1. 539, 729. 19
- - - - - - - - - - -- -
I
387, 236, 000. 00
24,666,880.20
9, 2,50, 000. 00
fi,643,618. 22
173,243,640.72
12,971,598.69
--------
4
387, 236, 000. 00
21,401,552.45
9,250,000.00
5,599,953.83
173,243,640.72
12,971,598.69
z
~
~
103,316,761.33
5, 701, 835. 1.5
146,125,669. 60
118, 214, 034. 12
245, 609, 341. 52
= == = = 1
-- ----1
- -- ---====1
---------------,-('n•d it unions __. . ____ ___ ______________ ___ __ _____ ________ _________ ____ ____ ___. __1
642,967.80
42,872.01
600,095.79
589,021.21
F<'<kra 1 land banks . . ___ ___ ______ _______ ____ __ ____ ____ ____ ____ _______ _______ ___
- - - - - - --
11,074. 58
--- ---- - - ---------
3,265,327.75
-- ---- --- --- - ----43,664. 39
------- ---- --- - --- ---- ------ - -- - ---
0
f-:3
H
0
z
~
H
~
~
~
0
tij
(".)
0
~
3.1. ~ns. 881. 9.'l
726, 242,93fi. OO
Total, railroads ____________________ ______ __ - _____________________________ J
40,303,000.00
103,729,900.00
5,350,000.00
& 911,604,716.95 .
844,791.00
10,\ !i60, 164. 8\J
35, 1:{4, 090. 9fi
61\ 042, 614. 21
7,%4,809.66
2:{l,669,952.58
27,179,281. 2n
:l83, 372, 661. 6:l
166,200.00
553,600.00
350,000.00
40,136,800.00
96,291,300.00
25,823,800.00
47,275,100.00
14,313,000. (X)
49,016,200.00
107,474,755.89
786,604,805.16
312,723,662.24
473,881,142.92
~=-:-:-:-:-===l===:;:=====1~ - .
, ~ ----.-,-.,,.---,-~---..~____...........
~
--
'._)
~
>
~
H
0
z
Processors, or distributors subject to processing taxes. ___ -. _.. . . - . - . . . ... . ... .. .
State funds created for the purpose of insuring repayment of deposits of public
moneys ... .. ... . . . . - . .. - . - - - - - - - . - - - - - - - - - - - . - . - - - . - . - - - . - . - - - . -- - - - - - - • - - - - - •
Borrowers engaged in the fish inc; industry ______ ____. ____ _- - _- - _. . __ _- - - . - - - - • -
~6,089.27
11, 371. 21
14,718. 06
14,718.06 · ···· · ·· ··· ·· ··· -·
13,087,715.88
809,700.00
23,084.70
90,025.00
13,064,631.18
719,675.00
13, 064, 631. 18 - - -- - - --- - - - ----- 680,187.15
39,487.85
'rotal, sec. 5 of the Reconstruction Finance Corporation Act, as amended _._._ . 5,126,259,201.81
796, 195, 631. 33
4,265,175,695.94
Subscriptions for stock of mortgage loan companies under sec. 5c of tbe Reconstruction Finance Corporation Act, as amended:
The RFC Mortgage Company .- . . - - --· -· ·-· · - -- · ·· · · ·· · · - · --· - · · -··-- - -· · · · · - ·
Federal National Mortgage Association . ... . . . . . . . _.. .. __... . __ . . . . . __ _. _... .. . .
Other __ · · · - -· ·· -- -· · · ·· - · · -· ·· · ·· -· -- - ·- · · -· · ···- --· -· -·· - --- -- - - - ·--- - ---- --· Total, sec. 5c of the Reconstruction Finan en Corporation Act, as amended . __ . .
Authorizations under sec . 5d of the Reconstruction Finance Corporation Act, as
amended:
Authorizations to business enterprises under sec. 5d, as amended (except to aid
in national defense):
Loans . _._ . . _.. _. . . . _.. ___. __... __ _. __. ... .. . ___ . __.. _._. __ .. _. . ___. . . . _. . _.
Participations __.. . _. _.... _. ___ . _... ___. .. _.. .. . ... . . . _. _. _... _. _. - - - . . ... .
3,501,522,970.84
-
25,000,000. 00
11,000,000. 00
1,250,000.00
25,000,000.00 - --- - - - - - - - - -- -- --J I, 000, 000. 00 - - - --- --- -- ·- ---- -- - -
------ - - ----- - - - - --- ---· -- - - -- -·- - - -
.\ uthoriza tions to husiness enterprises to aid in national d efen se und er sec. 5d,
as amended:
Loans __ . _. __ . __. __ _. . . ____ . _. . __ .. . _. __ . _. _. ___. . . - . - - . - . . .. . . - . - - .... - .. .
Aµ;n• emt>nt.sto purchase µarticipations ______ __ ·· - - · ---- · - - -- - · -- ··- ·· -- - -· 'J'otal, business entt>rprises to aid in national defense. __ _. __ . __._ . .... _._.
Loans to public agencies under sec. 5d of the R econstruction Finance Corporal ion Act, as amended . . _. . _____ . _____ __. . ____ . . . . -- ·- - -· · - ._ ... . . - ·--· .. · - -- ·
2fi, 000, 000 .1
11,000. 000.1
1,250,000.00 - - - - -- - - -- -- --- -- -- - - - -- - - --- - - - --- - -- - - ---- --- - -- - · - ---
----- --- - ---------
- - - - - - - - -- - ----- -·- ---·
:i6, 000, 000 ,
-- ----------- - - -- -- - - - ---·
------37,250, 000.00
7
8
326. 311, 192. 79
102, 884, 940. 99
--- -------
1,250,000.00
88,620,390. 26
51,345,916.95
139,966,307.21
3ti,OOO,OOO.OO --- -- - - - - - · -- - - --- - -
212,489,356. 50
:lO, 505, 743. 11
2:32, 995, 099. 61
100, (H3, fi38. 70
11,251,821.63
-------111 ,865,460. 33
See foot. notes at r ncl
~
~
~
~
Jll,875,717. 80
9,253,921 . 8
121,129,639.288
tT:l
0
0
~
rn
H
~
d
0
H
H
11
662,674,415.55
2,747,193.00
275,438.92
155,117.94
13, 000,000.00 ---- -- --- -- - - -----
38,471,712.31
235,686.08
W7,073.89
23,723.45
13,000,000. 00 -- - - - - - -- - - - - - - - -- - -
:i8, 174,638.42
211, 962. fi i
0
13,000,000.0 0
~
678,421,608.55
430,556. 86
,'i l, 707,398.39
320,797.34
51, 386, 601 . 05
- ---·-- ---- - -- - - - ------ -- ----- - --- -- -·----------------- ---- ----
z
H
z~
'.7◄
(')
12
l, 372,311. 90
784.244. 73
199,040. 00
462,596.40
39, 72i.56
422,868.8 4
143. 163. 85 · - ---- - - - ---- ---- - - - - - -- -- - - - - - - -- --- - -- - - - - - - -- -· - ----- -
2. 156, 556.63
342,203.85
- - - - - ------ - - - ------- --------214,634,316.57
15, 161 , 900. 00
462,596.40
------- ---- ---
122,364,816.57
39,727. 56
- -·- - - - - - - -- ------
98, 841,466. 5i
422,868.8 4
92,560,206.01
34,916,940.12
48,058,798.63
44, 717, 4.50. 31
~
0
0
~
~
23, 523, 3,50. 00
--·- -- ------- - - - - - - - - -- - ----- - ----- -- ===---=====-===
Total, sec. 5d of the R econstruct ion Finance Corporation Act, as amende<L . . 1,324,408,615.53
155,900,967.92
407,529,910. 97
211,067,451.80
196,462,459. I 7
- -- - - - - - --- - - - --- - -- ------- - ------------ - - -------------- -------- --
Loans on the assl•ts of dosed banks and trust com panies under sec. 5e of the R econstruction Finance Corporation Act, as amended _____. _. . ___. ___. __ . . _. __. .. . _. . .
0
0
I
- - - -- -
~
Tota l. national defe nse under t he act approved Jun e 25, 1940 . . . . _. . _. __. _
~
~
~
Total, business enterprises under sec. 5d, as amended (except to aid in
national defense)._ . . . .. . - - ---· - ---_ · -. __. ____ _. ______ __._-- -- -· . ____ - - · 9.:10429, 196,133. 78
Authorizations for national defense under the act approved June 25, 1940
(amt:'nd ing sec. 5d):
l,oaus ___ ·· · · · -- -- - - --·- ·--- - ---·· - --· - --- · ··- - -- - - -- - - · - -· - - · · ----· - ··- - · Participalions __ · · ·· · - · · · -- - ·· · - · - -- --··--·-·-· · · - ___ · · - · · - - · · - --· ·- --- ·- ·
Purchases o f ca pital stock of corporations created by the R econstruction
Finance Corporation to aid in national defense . _._ . . . . . . . . _. . .. ___ . __ .. _.
763,652,725. 10
3,341,348.3 2
--- ---------------- - -- - - ------- - --- ------- - -------- - - -- - - - -
0
~
~
H
0
H
z
or report.
c..,-.
~
TABLE
5.-Aggregate loan and other authorizat.iuns, by acts of Congress, from F'eb. 1, J.93l , to Dec . ;3J, 1040, ·i nclns£ve--Continued
Authorizations
Authorizations under the Emergency Relief and Construction Act of 1932, as
amended :
Loans on self-liquidating projects, sec. 201 (a), title II _______ .... _.. _.. __ ._ . .. __ $399,456,884.42
Loans for financing repair of damage by earthquake, fire, tornado, or cyclone
in 1933, sec. 201 (a) (6), title IL . __ . _.. .. _. ___.. __. __... ___ . __ _. . _.. . _. . .. _. _
10,450,232.20
Authorizations for financing exports of agricultural surpluses, sec. 201 (c), title IL
5 98, 445, 245. 68
Loans for financing of agricultural commodities and livestock, sec. 201 (d), 1
title II:
Commodity Credit Corporation . . _..... __ . . ... ______ ____. __ ___ .. ____ ._ . ___ l,i04, 712,664.99
86,061,513.08
Other-- ·- -· -- -- ---- ---- -- ------ --- - ----- -- --- ---· -- ---·-··- --- ---···· -- · ··Total, sec. 201 (d), title IL_ . ________ . ___ .. _____ _. _____ .. _. ___ . __ . ____ . __ . 1,690,774,178.07
Amounts made available for relief and work relief, sec. 1, title L ___. _____ _. . ___ 300,000,000.00
Withdrawals or
cancelations
Disbursements
$31, ,524. 243. 14
$331-1, 781 ,64 1.28
I, 921 , 124. 10
8, 529, l08. 10
46,146,368.56
$320, 442, 3B,5.
----
~
Outstanding as
of Dec. 31, HHO
6lk"r:.
8,356,954. 91
47,251,981.13
47.298,877. 12
•- -- -- - - - ,
836,995,702.78
66, 367, 021. 30
903,362,724.08
15, 001.00
Rrpayments and
other rrductions 1
C..,l
$ rn,
14
-- -- -·
- --- --- -
0
172,153.19
46,895. 99
r-3
767,716, 962.21 · · · -· · ••- • -- ·- ·· - ·
19,201,416.78
443,075. 00
786,918,378.99
443,075.00
299,984,999.00 -- - --- - ---- -- -- - --
- -- - -- - -
Total, Emergency Relief and Construct.ion Act of 1932, as amended . ___... _. _ 2,499,126,540.37
982,969,460.88
1,482,956,079.49
1,462,954,709.68
20,001 , 369.81
Authorizations under sec. 304, title III, of the act approved Mar. 9, 1933, as amended: !==== = = •-- - --- - - -•-- · - - - - - - - - •-- - - - - - - - - ,- - -- - - - - Loans on preferred stock of banks and trust companies·-- -·- · ---···--- -- -·- -- - 53,098,525.76
7,649,225.00
4.1,449,300. 76
15,017,791. 9;3
30,431,508.83
Subscriptions for pn-'ferred stock of banks and trust companies ..... _. .. . . . . . _. .
855,091,313.24
75,649,257.44
777,925,055.80
421,716,933. 30
35t:i,208, 122.50
Subscriptions for preferred stock of export-import banks .. .. . ..... .. ... __ . .. . . .
101,500,000.00 - - - --- --- - - -- - - - - 7fi.500,000.00
2,500,000.00
74,000,000.00
Purchases of capital notes or debentures of banks and trust companies ... . .. . _.
433,900,350.00
90,549,500.00
343,310,850.00
247,239,232.23
Y6,07J,617. 77
Total, sec. 304, title III, of the act approved Mar. 9, 1933, as amended __. . . . . . 1,443,590,189.00
173,847,982.44
1,243, 185,206. 56
686,47:1,957.46
556,711,249.10
Loans under sec. 5, title I, of the Agricultural Adjustment Act of 1933, as amendNL
Authorizations under sec. 1 of the act approved June 10, 1933, as amended:
Loans on preferred stock of insurance companies .. . . . _.. ... _.. . _... . _.. _.. . .. . .
Subscription for preferred stock of an insurance company. _.. .. _.. . . . .. __. . . . . .
Total, sec. 1 of the act approved June 10, 1933, as amended ._ . . .. . .. _. . .... _. .
Other loans:
Loans to or for the benefit of drainage, levee, irrigation, and similar districts
under sec. 36, title II, of the Emergency Farm Mortgage Act, of 1933, as amended.
Loans to finance the repair of damage by earthquake, flood, or other catastrophe
in 1933, 1934, 193.5, and 1936, under the act approved Apr. 13, 1934, as amended ..
Loans to borrowers engaged in the mining, milling, or smelting of ores, under
sec. 14 of the act approved June 19, 1934, as amended .. .... . ·-·--·· · ·········
Loan to a public-school authority for payment of teachers' salaries due prior to
June 1, 1934, under sec. 16 of the act approved June 19, 1934, as amended .. .. . .
Loan to Export-Import Bank, under sec. 9 of the act approved Jan. 31, 1935 ... .
Loans to or for the benefit of tax-supported public-school districts or other similar public-school authorities in charge of public schools, under the act approved Aug. 24, 1935 .... _..... ..... . ........ . . . ... . .... . . ....... ... _. ........
--
-
23,500,000.00
-------20,200,000.00
- - --- 34,375,000. 00 ---- ------ - -- - - --100,000.00 -- ----- -- - - ---- -- 34,475, 000. 00 -- --- - - --- --------
3,300,000. 00 - - - - - - - - - - - - - - -- - - -
34,375,000. 00
11, 859, 881. 37
100,000. 00 --- - - - - -- -- -- - -- -- -34,475,000.00
11,859,881. 37
--
22,515,118.63
100,000.00
22, 615, 118. 63
---------
,:j
0
~
,:j
trj
a
0
z
w
r-3
~
d
0
~
_.,
H
0
z
~
H
z
>
z
a
trj
0
140,861,808.39
45,769,590.95
90,850,363.04
7,390,.550.59
83, 459, 812. 45
5,734,288.75
2, 260, 341. 53
3,473,947.22
2, 412, 018. 01
1, 06), 929. 21
16,575,600. 00
8,479,800.00
6,490,409.40
2, 713,696.!)5
3,776,712.45
C
- - - - - - - - -- - - - -- --
>
~
22,500,000.00
200,000.00
25,000,000.00 ---------- --- -----
I
--------- ---------------
2, 7'J7, 050. 00
1,856,800.00
Grand total ... .... ----- -----···-···---···· ··-·-·· ··· ······· -· ····· · ········ 10,794,638,499.86 . 2,224,447,515.11
Seo .footnotes at enct of report.
3,300,000.00
re
339, 24.1. ti:{
• - -- - - - - -- - • - - - - - - - --
767,716,962.21
19, 644, 491. 78
787, 361,453.99
299, 984,999.00
~
trj
22,300,000.00
22,300,000.00
25,000,000.00 -- --- - - ·- --- - -- - --- -
l
565,175.00
7,669,360,586.25
9,000.00
j-; 5,956,721,687~ ·
1
25,000,000.00
0
~
ro
~
8
556,175.00
1,712,638,899.24
---·
,,,.
.M':\
~
REPORT OF RECONSTRUCTION FINANCE CORPORATION
TABLE
55
6.-Total loan and other authorizations froni Feb. 2, 1932, to Dec. 31, 1940,
inclusive, by months
GRAND TOTAL
'
I
Year and month
Amount of authorizations 48
Amount of disbursements
Amount of repaymen ts and other
reductions
Amount outstanding at end
of period
-------1932
February ___ _____________
March _____ ______________
A priL _. __________________
~fay _____________________
June _____________________
July ______________________
August ___________________
September _____________ __
October _______ ___________
November ______ _________
December ________________
$91,601,057.00
142,333,075.06
228, 771. 667. 33
199,450,025.39
388,254,246.63
170,934,728.59
189,068,106.31
138,480,782.93
162, 373, 206. 62
96,598,980.32
128,332,558.65
$70,868,417.52
121,477,890.49
155,543,323.23
158,983,559.12
298,276,816.59
171,149,931. 86
146,180,913.71
72,120,713.91
137,623, 749.G8
61,020,558.96
131,501,263.75
$18,845.00
8,873,883.30
7,009,080.50
16,440,727.23
48,684,900.92
34, 615,181.07
35,232,968.30
44,903,158.06
47,565,316.28
27,180,977.04
29,423,415.68
$70,849,572.5'.?
183,453,579.71
331,987,822.44
474,530,654.33
724,122,570.00
860,657,320.79
971,605,266.20
998,822,822.05
1. 088, 881, 255. 45
1,122,720,837.37
1,224,798,685.44
1, 936,198,434. 83
1,524,747,138.82
299,948,453.38
1,224,798,685.44
1933
January _______ __ _________
February ________________
March ___________________
A priL ____________________
:!\,lay _____________________
June _____________________
July ______________________
~.\ ugust _________________ -September _______________
October __________________
November _______________
December________________
142,844,447.43
283,171,473.85
217,732,207.45
162, 526, 631. 98
141,928,875.46
154,047,880.32
201,024,785.36
57, 792, 381. 18
44,791,443.05
517,388,597.97
347, 536, 421. 56
475,432,646.36
117,995,293.92
199,499,330.83
179,533,134.72
117, 500, 398. 87
195,805.854.81
123,677,037.80
115,339,396. 98
83,128,537.43
39,271,494.74
48,646,412.75
186,473,065.01
369,537,593.42
32,452,828.29
35,971,603.16
55,813,566.83
40,213,996.05
46,800,209.06
94,656,029.32
112, 949, 299. 42
73,520,461. 92
61, 734, 251. 55
69,684,650.98
51,202,045.08
67,574,183.47
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
1,852,901,503.68
1, 855, 291, 601. 24
1,864,899,676.75
1,842,436,919.94
1,821,398,681.71
1,956,669,701.64
2,258,633, 111. 59
TotaL _____________
2,746,217,791.97
1,776,407,551.28
742,573,125.13
2,258,633,111.59
406,209,086.17
132,453,627.03
196,750,948.78
101,690,047.09
105, 719,957.01
4 261, 134, 292. 91
72,792,004.65
188,298,608.36
288,766,955.19
192,322,799.21
53,612,012.41
38 115, 837, 886. 83
343,781,484.63
138,223,573.21
174,702,436.92
137,503,338.54
100,482,025.14
205,212,280.51
4 278,190,303.16
115,003,399.80
54,364,910.22
60,087,192.35
87,827,623.32
132,546,512.48
86, 163,€78.38
82,739,872.01
91,311,849.17
91,123,212.32
66;997,270.39
· 67, 831, 380. 42
4 443, 161,666. 45
136,883,990.63
71,019, 841. 07
79,142,232.20
73,407,395.85
114,654,725.17
2,516,250,917.84
2,571,734,619.04
2,655,125,206.79
2,701,505,333.01
2,734,990,087. 7o
2,8?2,370,987.85
2,707,399,624.56
2,685,519,033.73
2,668,864,102.88
2,649,809,063.03
2,664,229,290.50
2,682,121,077.81
2, 115, 588, 225. 64
1,827,925,080.28
1,404,437,114.06
2,682,121,077.81
J uly ______________________
A ugust ___________________
september _______________
0 ctober __________________
N ovem ber _______________
D ecember ________________
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
130,225,477.53
30,382,759.40
121,318,317.28
39,883,602.95
49,275,454.45
54,737,368.83
39,624,905.90
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
17,986,037.69
43,792,967.11
73, 431,516.58
60,582,383.40
54,747,687.70
48,076,834.97
46,989,617.07
,53, 863, 165. 23
60, C91, 046. 99
40,278,281.99
34,940,786.92
47,011, 116. 53
34, 143, 979.·73
106,845,402.79
2,657,965,015.68
2,652,120,001.11
2,636,997,219.31
2,645,024,662.51
2,659,764,055.32
2,743,809,977.30
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 ______________
694,704,126.97
707, 561,086. 57
661,001,819.90
2,728,680,344.48
24, 616, 712. 69
14,550,320.97
118,649,972.55
36, 136,714.96
86. 766,870.91
27,873,909.23
170,693,029.28
43,475,154.54
7,367,861. 24
26,005, 119. 77
11, 963, 130. 21
8,843,948.97
62. 162,133.42
16, 990, 711. 44
19,472,138.21
28,601,474.57
25,788,347.90
23,103,343.50
42,200,622.53
27, 119, 391. 90
18.627,653.01
28,303,788.54
10,835,460.87
25, 067, 831. 62
49,420,650.65
52,691,446.85
75,355,568.31
46, 190, 361. 91
150,760,907.52
112, 566, 613. 95
238,717,224.01
37,692,959.78
26,885,137.49
34,990,512.10
33,898.180. 19
63,318,770.11
2,741,421,827.25
2, 705,721,091.84
2,649,837,661. 74
2,632,248,774.40
2,507,276,214.78
2,417,812,944.33
2,221,296,342.85
2,210,722,774.97
2.202,465,290.49
2,195,778,566.93
2,172,715,817.61
2,134,464,909.12
576,942,745.32
328,272,897.51
922,488,332.87
2,134,464,909.12
Total ______________
38
38
1934
J anuary __________________
February ________________
~
]\,larch ___________________
_____________________
A pril
ay _____________________
M
J une _____________________
J uly ______________________
A ugust ___________________
september ____ ___ _____ ___
0 ctober __________________
1'·ovember _______________
D ecember ________________
Total ______________
38
1935
J anuary _________________
F ebruary ________________
M arch ___________________
A pril _____________________
M ay _____________________
J une _____________________
1936
J anuary __________________
F ebruary ________________
M arch ___________________
_______________ - _- - A priL
M ay _____________________
June _____________________
July _____________________
A ugust ___________________
_______________
september
0 ctober __________________
N ovember _______________
D ecember ________________
Total ______________
See footnotes at end of report.
56
REPORT OF RECONSTRUCrrION FINANCE CORPORATIOK
TABLE
6.-Total loan and other authorizations from Feb. 2, 1.932, to Dec. 31. 1940
inclusive, by months-Continued
GRAND TOT AL-Continued
Amount of authorizations B
Year and month
Amount of disbursements
Amount of repaymen ts and other
reductions
------
-- - - - - - - - - - -
-
Amount outstanding at end
of period
1937
.J an uary ___ ____________ ___
February __ ____ _______ __ _
March __ _______ ____ ____ __
April ___ ________ __ ________
May __ ____ ___ ____________
.Tune __ _____ ___ ____ ___ ____
July _____ ___ _____________
August_ _____ ___ __________
September ____ ___________
October ___ _____ __ ___ __ ___
November _______________
December __ ____ ___ ____ ___
$14,393,108.36
8.567,248. 17
12,320,949.53
78,530,795.69
38,973,264.60
30,523,385. 49
93,628,384.38
159,763,200.30
30,366,313.60
5,343,764.78
7,710,017.35
82,756,434.30
$48. 158,198.30
15, 407, 071. 11
16,194,887. 98
25,673,199.15
9,964,373.76
26,874,505.42
37,472, 893.07
12, 788, 981. 64
21,686,285.17
21,078,488.24
28,129,122.08
62,568,572.20
$35,494,380.73
37,365,969.68
88,234,854.56
42,318,804.87
26,245,972.64
23,621,504.72
24,964,024.74
76,989,563. 85
15,983,439. 46
16,373,756.98
12,171,240.37
27, 714, 348. 95
$2,147,128, 726.6g
2,125,169,828.12
2,053,129,861.54
2,036.484,255.82
2,020,202,656. 94
2.023.455,657.64
2, 035. 964, 525. 9i
lJ 971, 763. 943. 76
1,977,466,789.47
1,982,171,520.73
1,998,129,402.44
2,032,983,625.69
Total ________ _____ _
562,876,866.55
325,996,578. 12
427, 477, 861. 55
2,032,983,625.69
1938
January ______ ___ ___ ______
February ____ _______ ____ _
March __ ___ ___ ___ _____ ___
ApriL __ ___ __ _______ ___ __
May __ ____ __ ___ ______ - __ J une ____ ____ ___ _______ ___
July __________ __ __ ___ ____
August_ ___ ___ ________ __ __
September ___ ______ ______
October ______ __ __ ___ __ ___
November_ ______ ____ ____
Derember ______ __ ____ ____
45,441.658.35
31 , 466,873.65
24,948,640. i2
100,955.613. 36
35,021 ; 975. 20
35,833,303.74
70,290,735.90
73. 898, 250. 18
54,121,856.02
3~ 61, 699, 552. 87
53,853,296.53
55,689,869.83
28,148,557.77
32,808,563. 47
23,232,818.71
27,318,105.84
36,446,355.25
16,261,804. 34
26,215,962. 76
42,630. 179.43
28,409,639.21
56,939,667. 17
24,148,989. 78
95,357. 725.58
19,696,526. 16
33,752,556.10
293, 425, 401. 04
11,291,449.52
146, 426, 781. 06
21. 535, 923. 82
72,453,676.05
24,956,949. 67
10. 602, 980. 92
28, 857, 811. 82
9,163,852.14
36,949,822.08
2,041,435,657.30
2,040,491,664. 67
1,770,299.082.34
1,786,325,738.66
1,676,345,312.85
1,671,071,193.37
1,624,833,480.08
1,642,506,709.84
1,660,313,368.13
1,688,395,223.48
1, 703, 380, 361. 12
1,761. 788,264.62
643, 221, 626. 35
437,918,369.31
709, 113. 730. 38
1,761,788,264.62
18. 722, 321. 12
22,252,757.35
59,421,843. 03
33. 147,290.42
28, 738, 298. 06
23. 702, 921. 84
30, 476, 535. 89
10,205,796. 01
12. 742, 480. 63
5'2_, 688, 545. 27
41~ 515,275.55
17; ~9J, 175. 78
18,180.475. 19
15, 996, 751. 79
24,462,607.94
24. 512, 491. 98
28,351,976. 16
26.970,695.09
41,958,397.90
15,526,542.77
21,643,210.63
18, 603, 540. 69
30,208,609. 07
20,877,048.47
57,338,978.95
23,806,259.83
23,660,229.11
78,571,335.07
28,139,248.84
88,593,426.19
23,953,498.26
13,546,198.28
8,426,218.09
14,097,548.39
56,249,178.05
28,211,457.99
1. 722,629,760.86
1,714,820,252. 82
1, 715, 622, 631. 65
1. 661,563,788.56
1, 661, 776, 515. 88
1. 600, 153, 784. 78
1,618,158,684.42
1,620,139,028.91
1,633,356,021.45
1,637,862,013.75
1,611,821,444.77
1,604,487,035.25
287,292,347.68
444,593,577.05
1,604,487,035.25
28, (391, 148. 64
67, 301, 336. 32
56, 523, 145. 18
23,009,607.79
58, 301, 911. 72
21, 091, ,543. 34
39, 811, 628. 84
30,893,122.28
16,892,303.91
1,587,685.014.20
1,615,093,803.64
1,619, 293,0!3.07
38 152,515.630. 14
102,403,062.85
87,597,0.55.03
1,619,293,043.07
50, 235, 655. 90
19,059, 715. 53
86,192,149.90
21, 502, 271. 66
20,473,435.57
67,042,909.85
24, 365, 821. 45
25,387,869.74
43, 287, 901. 24
1,616,429,493.28
1,611,515,059.11
1,635,270,067.72
155, 487, 521. 33
109,018,61i. 08
93,041,592.43
1,635,270,067.72
47, 732, 849. 38
174, 375, 052. 29
38 115,532, 279.60
46, 813, 951. 20
20, 104, 847. 85
27,941, 087.13
30,255,335.92
20,317,827.61
57,955,213.96
1,651,828,683.00
1,651,615,703.21
1,621,601,576.38
337, 640, 181. 27
94,859,886. 18
108,528,377.52
1,621,601,576.38
476,393,648.64
17,741,362.50
28,303,097. 40
38, 877. 5213. 9.5
75, 779,897.\12
32,300,545.70
I
11, 732, 623. 77
27, 140. 751. 68
17,047, 272. 26
1,648,746,479.56
l,697,385,625.80
1,712,638,899.24
I
55,920,647. 71
1,712,638,899.24
5, 956, 721, 687. 01
l,il2,638,S99. 24
Total __________ ____
38
1939
January ___ __ _____ ________
February ____ __ __ ________
l\Iarch __ ____ _____ ________
ApriL _______ ____ ____ ___ _
lv!ay - -- - -- - - -- - -- -- - - - - - June _____ _____ ___ _____ ___
July _________ _______ ___ __
August _____ _____________ _
September_ ____ ____ __ ____
Oet oher __ _____ _________ __
No H' ;:n ber ___ ________ ____
December_ ____ _________ __
38
38
38
38
3S
38
Total ___ ___ ____ ____
3g350,807,21().
,.. 95
---------
: •'f
1940
J anuary __ __ __________ ____
Fehruary ___ __. _______ . __
Mar ch ___ _____ ___ ________
Total, first quarter __ ________ ___ __ .!
A J>ril . ___ __.. ______ ____ -'~(
47
t~
3,
!.
Jx
3~
M ay - - -.. -- - - - - - - - - - - -_- -· -___
_____
:
___
.
__
___
une
____
J
Tota!, second quarter _:-____________ _
38
J uly _____ __ ____ ________ __ _
3S
August __ ___ __ __ ________ __
September_ _____ _____ ____
3S
Total, third quarter ___ __ _____ __ ___
3S
October ___ ___ __ ___ ___ __ __
November. ___ . _____ ___
December. _____ ______ ____
Total, fourth quarter _____ ______ ____
Grand total ______ __
522, 438, 108. 54
-
6
9 10,794,638,499.86
See footnotes ut end of report.
-
---------
146,95i,970. 57
------- -- -- - - - - - -·- - - -
7,669,360,586. 25
I
------
TARl,E
7.-Lnans to aid 1:n the reorganization nr liquidation of clo.~ed banks and tr·ust companies froni /leb. 2, J.9.'112, to Dec. 81, /,940, incln.~ive,
by States 36
HANKS AND TRUST COMPANIES
National (and District of Columbia)
State
State, etc.
:,;j
t:rj
Total
--~- - - - -- - -----------------I · - - - - •-------- - - - - - - - - - ------1-------- ------- - ------------- Amount
authorized
Amount withdrawn or
canceled
Amount
disbursed
Amount
authorized
Amount withdrawn or
canceled
Amount
disbursed
Amount withdrawn or
canceled
Amount
authorized
Amount
disbursed
- -- - - -- - --- - -1---- -·- ·-- --1------ - -- -,------·---1---------1----·--- -1--------- 1---- - - -- --1---- - --•-1---- - - - --·
Alabama . __ ___. __ ______ ___ __ $1 , 173,300.00
$382,402.20
$790,897.80
$5,107,812.46
$2,703,267.89
$2,404,544.57
Arizona __ __ _ . ___ __ . ___ ______
217,000.00
67,600.00
149,400.00
247,500.00
ll7, 198. 27
130,301.73
Arkansas . _______ __ ___ _. _____
1,785,200.00
356, 251. 29
1,428,948. 71
9,280,652.61
3,689,314.94
5,583,314.36
Calirornia __ ___ . ________ . . _. _ 13, 948,484.71
2, 854,683.09
11, 093, 801. 62
:~. 366, 681. 44
293,443.90
3,073,237.54
Colorado .. . ___ . .. . ____ . . _. .
1,867,950.20
439,019.63
1,428,930. 57
71,500.00
2,951. 70
68,548. 30
Connecticut __ _______ ___ ____ ---- - -- -- -- -- - -- -- - --· --- - - - -- -- ---- --- -- - -- -- - -3,331,000.00
2,655,765, 52
675. 234.48
District of Columbia. ___. _. _ 16,664,341.35
2,536,948.39
14,127,392.96 - - --- -- - --- - ---- - - - -- -- - - - ---- - - - ---- - --- -- -- --Florida ... _. __. __ .. _. _.... . . ___
1. 866, 300. 00
720.503.82
1, 14fi,796. 18
4,957,072.27
3,024,308.48
1,932,763. 7~
Oeorgia __ __ _... ___. . . . . . . __ ..
513,800.00
204, 631.45
309,168.55
4,709,195.48
2,066, 236.97
2,642,958.51
Idaho . . __ .. . . _ _. . . __.. . _. __
3,628, 400.00
364,206.73
3,264,193.27 - ------ - - - ------ - - -- ---- - - -- -- - - ---------------Illinois . _ . ________ . __.. . .. ___ 37,756,212.96
9, 2fi6,399.69
28, 493, 413. 27
30,033,682.07
19,032,949.44
11, 000, 732. 63
Indiana . __.. ___ _. .. ___ .. __ ._ 21,230,926.87
4,731,648.60
16,499,278.27
6,388,375.85
2,561,979. 58
3,826,396. 27
Iowa . . . _. . . . . .. _- - . . . . . ... - - ll. 401,002.20
2,344,563.26
9,056,438. 94
7, 430, 700. 00
1,098,168.76
6, 332, 531. 24
Kansas .. . __ . _. _. .. . . __ . . ___
2,285,700.00
655,044.60
1,411,000.00
1,630,655. 40
539,242.84
871,757.16
Kentucky . ___ . _. . .. _.. . . __
8,956,572.41
2, 482,668.86
6,473,903.55
1, 231, 788. 82
395,877.53
835,911, 29
Louisiana _. . ... _.. .. __ . . . . .
:336, 300. 00
231,300.00
105,000.00
51,695,267.21
12,164,443.83
39,407,084.96
JV[ ai ne ___ _. . . __ .. . . _ . . . . . __ 11. 823, 200. 00
799,435.32
11,023,764.68
31,858,776.50
3,374.615.84
28,484,160.66
Maryland . .. .. .. __ . . .. ___ .
3,499. 036. 28
643,475.59
2,855,560.69
10,269,024. 00
8,582,737, 78
1,686. 286.22
Massachusetts _. .. . __ . . . . .. _ 10, 250,700.00
2,487,637.02
7. 763,062. 98
25,468,148.32
2,596,473.52
22,871,674. 80
Michigan ... . _. . ... ____. .. __ 300,496, 043.68
45,766,600.29 247,610. 443. 39
69,321,784.46
22, 872, 871. 05
46,020,835.47
Minnesota . ... _. _ ...... . _.
2,638,747.13
fi71, 692 ..52
2,067,054.61
3, 130, 100. 00
2,370, 467. 20
759,632.80
Mississippi. .... .. . .. __ . .. ___
2,902,400.00
599,675. 00
2,302,725.00
4,618,559.94
956,326.95
3,662,232.99
Missouri _. . _... __ __. __ .. . _ . _
7,971,500.00
2,316,758.68
5,654,741.32
9,643,227.37
2, 068. 946. 86
7,574,280.51
Montana . . .. . . __ . . _. _. .. . . _.
465,200.00
127,700.00
337, 500.00
674, 000.00
102, 920.77
571,079.23
N f' hraska _.. ___. _. .. __.. ___ .
1,518,126.58
376,603.00
1, 141,523.58
2,532,978.69
815,844.20
1,717,134.49
N evada ___ .. . __. _. . ___... __..
1,005,000.00
259,200. 00
745,800. 00
2,199,564.57
473,398.99
1,726,165.58
New Hampshire . . ___ ___ ____ - --- - --- - - - - -- - - - - -- - - -- -- - - - - - - - - --- --- - -- -- -·
500, 000.00
39,597.69
460,402.31
N E:nv Jersey __ ... __ . _. __ . . _. _ 23,729,489.91
6,744,348.15
16,985, 141. 76
9,234,000.00
5,164,574.59
4,069,425. 41
New M exico ____ ___ _____ ____
465,000.00
104,157.12
360,842.88
413,473.54
34,996.50
378,477.04
New York _.. .... .. ____ .. __ . .. H,268.593.35
6, 642,088.06
37,088,505,29
17,964,943.48
7,627,696.15
10,337,247.33
North Carolina .. ____. .. . _. _
7,134,900.00
1,819,192.11
5,315,707 . 89
8,081,751.48
4,619,964.84
3,461,786. 64
North Dakot,l . . . . _. __ . - - . 2, .189, 264. 68
9HI, 748. 12
1,669,516.56
.'52,079.30
12,247.68
39, 831. 62
Ohio . -- - - - - ---- - - - - - ---- 14,387,ti64.07
3, J96, 129.27
10, 891, 534. 80 254,630,592.50
t77,
800,271.71
67,681,954.78
Oklahonrn ___________ ___ ____
2,2131,303. 15
992,548.39
1,268,754.76
769,918.00
438,320.34
331,597.66
Oregon __ ____ __ ___ ___ ___ __ __
3, 237,800.00
4,55, 667. 84
2, 782, 132. rn
733,920.25
235,022.55
498,897, 70
See foot.not.es at end of report,
1
$6, 281, 112. 46
464,.500.00
11, 065, 852. 61
17,315, 166. Hi
1, \!39, 450. 20
3,331,000.00
16, 664, 341. 35
6,823,372.27
.5, 222, 995. 48
3,628,400.00
67,789,895.03
27,619,302.72
18,831,702. 20
3,696,700.00
10, 188, 361,. 23
52,031,567.21
43,681,976. fiO
13, 768,060.28
35, 718, 848. 32
369,817,828.14
5,768,847, 13
7,520,959.94
17,614,727.37
l , 139,200.00
4,051,105.27
3,204,564.57
500,000.00
32,963,489. 91
878,473.54
62,233,536. 83
J.5, 216, 651. 48
2,641,343.98
269,018,256.57
3,031,221.15
3,971,720.25
I
$3,085,670.09
184,798.27
4,045,566.23
3,148,126.99
441,971.33
675,234.48
2,536,948.39
3,744,812.30
2,270,868.42
364,206. 73
20,257,132.32
7,293,628.18
3,442, 732. 02
1,194,287.44
2,878,546. 39
12,395,743.83
4,174,051.16
2, 329, 761. 81
5, 084, llO. 54
68, 639, 471. 34
2,942,159, 72
1, 556, 001. 95
4,385,705.54
230,620, 77
1,192,447. 20
732,598.99
39,597.69
11, 908, 922. 74
139, 153, 62
14,269,784, 21
(\, 439, 156. 95
9:31, 99.5. 80
71,178,084.05
1,430,868.73
690,690.39
$3, 19,5, 442. ;37
279, 701. 73
7, 0'12, 263. 07
14, 167, 039. Hi
1,497,478.87
2, 655, 7fi5. 52
14, 127, 392. 96
3, 078, ,559. 97
2, 95'2, 127. Ofi
3,264,193 . 27
47,526,362.71
20,325,674.54
15,388,970, 18
2, 502, 4 l 2. ,56
7,309,814.84
39,512,084.96
39,507,925.34
11,438,298. 47
30,634,737.78
293,631, 278. 8fi
2,826,687, 41
5,964,957. 99
13, 229, 021. 83
908,579.23
2,858,658.07
2,471,965.58
460,402.31
21,054,567.17
739,319, 92
47,425,752.62
8, iii, 494. 5~~
1,709,348. 18
188,f\91,806 . .51
1,600,352.42
3,281,029. 80
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TABLE
7.-Loans to aid i n th e reorganization or liquidati on of closed ban ks and trust comvanies from, Feb. 2 , 1982 , lo Dec. 31, 19,10, inclusive, ~
00
by States 86-Continued
BANKti AND TRUST COMPANIES-Contiuued
National (and District of Columbia)
State
-------- Amount
authorized
State, etc.
- -- - Amount withdrawn or
canceled
------ ----- --- ----
Amount
disbursed
'rota I
- -- - - ---Amount
authorized
- - - - - -- - - -
Amount withdra'\'\'n or
canceled
~
~
Amount
disbursed
- -- - - - -- -- -·- --- - ---- --
""d
--- - - - - --
0
Amount
authorized
Amount withdrawn or
canceled
--- ------
- - - - - -- --
Amount
disbursed
Pennsylvania __ ___ ___ ______ _ 82,884,084.97
59, 'i51, 140. 37
22,663,444.60
49,778,479. 65
25,439,845.93
24,338, 633.72
132,662, 564.62
47,002,078.32
85,190,986.30
Rhode Island ____ ___.. __- __-- -- - --- --- - -- -- - - --- --- - - ---- ---- - -- - --- · --- - -- - - 1, 411 , 855. 76
255,785. 26
], 156,070. 50
1, 411 , 855. 76
1,156,070.50
255,785.26
South Carolina _____ __ ______ _ 7,394,180.14
5,851,314.37
1, 542, 865. n
2, 518,263.16
2,137,609. 85
380. 653.31
9,912,443.30
7,988,924.22
1, \l23,·519. 08
South Dakota __ ________ ____ _ 1,295,184.30
1,018,563.68
276,620.62
1, 249, 5!8. 26
424,951.53
82( 596. 73
2,544,732.56
1,443,515. 21
1,101,217.35
Tennessee_ .. ___ ___ ____ ___. __
16,761, 143.68
15,703,663.96
1,057,479.72
1,492, 875.64
953,141.94
539, 733.70
18,254,019.32
16,656,805.90
1,597,213.42
Texas __ _______ _________ _____
5,966,434.14
4,954,487.59
1, 011, 946. 55
6, 933, 607.27
803,137.19
6,130,470. 08
12, 900, 041. 41
11, 084, 957. 67
1, 815, 083. 'i4
Utah ___ ____. . _. ____ ____ ___ __
4,500.00
39,500. 00
35, 000. 00
4,648,775.52
2,229,173.37
2,419,602. 15
4,688, 275.52
2,264,173.37
2,424,102.15
Vermont ____. __. . __. ___ _____
1,064,999. 29 - -- -- - - - - - - - ---- - -- -- --- -·- - -- -·. -- -- - - - -- - ----- 1,349,800. 00
28( 800. 71
1,349,800. 00
1,064,999.29
284,800. 71
Virginia __ _. ___ __ ___ ___ ____ __ 2,199,700.00
1,787,365.04
412, 334.96
5, 320, 500. 00
911,883. 25
4,408,616.75
7, 520, 200.00
6, 195, 981. 79
1,324,218.21
Washington . . _. _. __. . ___ . ___ 11,705,369.82
1,636,615.14
11,389, 516. 19
10,068,754.68
1, 700, 091. 36
9, 689,424.83
23, 094, 886.01
19, i58, 179.51
3,336,706.50
West Virginia ____ _______ __ __
8,529,884.16
7,241,990.79
1,287, 893.37
4,717,256.00
2,048,867. 28
2,668,388. 72
13,247,140.16
9,910,379.51
3,336; 760.65
Wisconsin ____. __ __.. ___. __ __ 7, 101,721.08
1,646,766. 26
5,454, 954 . 82
6,632,006. 05
4,618,539. 98
2,013,466.07
13,733,727.13
7,468,420.89
6,265,306.24
Wyoming __. __________. __ ___ --- --- ---- --- --185, 500.00
185, 500. 00 ---------- ---- -185,500.00
185,500.00 -------------- ---- ----- --- -- -- -- ------ --- -- Puerto Rico. _______ _____. ___ --- ---- -- - ----- - --1,485,000.00 - - -- - -- -- --- w- - - --- -- - ---- - - -- - 1,485,000.00 ----- ---- -- --- -- ------ -- --- ---- - -- -- - - - -- ---- -- -- - - - - - -- --- - - ·- Total __ _____ ____ ______ 709, 502, 461. 82 134,5i5, 795. 79 u66, 793,766.03 679, 122,254. 11 202,531,952.45 465, 39·, , 095. 98 1,388,624,715.03 337,107,748.24 1,032,190, 862.01
See footnotes at end of report.
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59
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 J\,1 ar. 9, 1933, to
Dec. 31, 1940, inclusive: and outstanding as of Dec. 81, 1940 (under section 304,
title III, of the act approved Mar. 9, 1938, as amended) (excluding purchases of
preferred stock of export-import banks)
·TABLE
BANKS AND TRUST COMPANIES
TOTAL
Disbursed
Outstanding
-
State
_Alabama ________________________ __ _______
Arizona __________________________________
Arkansas _________________________________
California ________________________________
Colorado _________________________________
Connecticut_ ___________ - __________ - -- -- -Delaware ___________________ _____________
District of Columbia _____________________
Florida ___________________________________
Georgia __________________________________
Idaho ____________________________________
Illinois ___________________________________
Indiana __________________________________
Iowa _____________________________________
Kansas ___________________________________
Ken~~cky ___ _____________________________
Louisiana __ ___________________________ ___
Maine ___________________________________
Maryland _____________________________ ___
Massachusetts ___________________________
Michigan ________________________________
Minnesota _______________________________
Mississippi _______________________________
M"1ssour1. _________________________ ________
Montana _______ _________ _________________
Nebraska ________________________ ________
Nevada __________________________________
New Hampshire _________________________
New Jersey ______________________________
New Mexico _______ ~ _____________________
New York _______________________________
North Carolina _______________________ ___
North Dakota ____________________________
Ohio _____________________________________
·Ok1ahoma ________________________________
Oregon ______ _____________________________
Pennsylvania ____________________________
Rhode Island ____________________________
South Carolina ____________________ _______
South Dakota ____________________________
Tennessee ________________________________
Texas ____________________________________
Utah _____________________________________
\~ermont _________________________________
1rg1n1a _________________ _________ _____ ___
\Vasbington _________________ _____________
West Virginia ____________________________
\Visconsin ________________________________
\Vyoming _____________________ - ___ - -- -- - Alaska ___________________________________
Puerto Rico ___ ___________________________
Virgin Islands ________________ ___ __ - - - -- --
,?• ..
Total _________________ - ___ - - - - - - - --
Number of
banks and
trust companies o
Amount
Number of
banks and
trust companies 4g
Amount
31
$16,203,575.00
35
$7,121,484.57
2, 430, 000. 00
1
1, 190, 400. 00
4, 419, 000. 00
72
2,107,580.3 1
96,029,225.00
62
63,830,398.8 1
4,893,500.00
34
1, 641, 950. 00
7,192. 126.00
35
5, 100, 451. 00
.567, 300. 00
9
203,800.00
11
2,900,000.00
6
7
1, 587,800.0 0
2,201,200.00
29
41
773,661.06
4,835,500.00
54
2,319,839.0 0
86
2,130,000.00
15
24
1, 095, 200. 00
!H, 731, 114. 17
134
226
7,715,666.87
16,966,250.00
198
8,798,710.00
282
10,263,000.00
87
2,822,735.0 0
140
5,272,750.00
2,654,397.4 4
138
198
9,079,850.00
82
5.335, 766.3 7
112
15,547,000.00
5,410,767.50
111
73
9,125,500.00
26
31
4. 896, 610. 14
9,348,170.00
6,298,425.9 0
56
65
16,674,200.00
6,689,950.00
67
35
40, 725, 261. 00
130
23,478,336.0 4
184
17,378,525.00
140
3, 952, 951. 53
258
14,663,150.00
123
6,069,622.50
148
21, 034, 925. 00
156
5,610,658.4 1
221
4,030,500.00
25
575,630.0 0
57
8,623,050.00
1,500,160.84
149
85
205,000.00
1
12,500.00
4
786,635.00
6
260,135.00
10
96,461,516.07
173
79,416,923.70
210
19
715,000.00
14
457,000.0 0
336,920,659.16
67, 409, 115. 47
479
301
7,488,500.00
74
3,602,300.00
133
4,044,500.00
1,685,155.9 3
98
130
93,432,237.00
243
43,004,400.29
389
10,944,000.00
22
1,298,501.07
47
1,950,000.00
26
542,900.0 0
53
46, 010, 096. 50
229
33,018,273.6 2
286
4
625,220.0 0
4
898,500.00
2,786,800.00
25
1,374,900.00
36
119
4,438,100.00
79
1. 345, 833. 54
9,085,982.6 5
121
12,559,050.00
96
12,625,452.1 7
31,404,125.00
243
404
1. 119,861.43
41
4,045,000.00
30
15,577,575.00
41
17, 295, 000. 00
60
5,221,528.75
132
10,694,650.00
97
2,412,770.00
6,514,500.00
50
96
2,176,378.02
91
6,461,066.66
59
20,624,389.1 7
402
33,585,600.00
310
14
1,367,500.00
622,200.00
23
1
37,500.00 ------------ -----------------2
1,250,000.00
350,000.00
3
1
59,000. 00
1
125,000.00
- - - -· - - - - 55 482, 711, 249. 10
6,118 551,166,685,206.56
4,078
71
5
113
122
56
39
NATIONAL 50
Alabama ________________________________ _
Arizona __________ ____________________ ___ _
Arkansas ________________________________ _
California ______________________________ __
Colorado ________________________________ _
Connecticut _____________________ - -- -- -- -Delaware ______________________________ __
District of Columbia ____________________ _
See footnote at end of report.
Z'i
3
24
63
33
16
4
2
$11, 346, 800. 00
1,540,000.00
1,570,000.00
67,376,725.00
4,143,500.00
3,723,426.00
137,300.00
1, 100,000. 00
10
$4,150, 700,00
1
1,190,400.00
12
32
18
15
4
1
796,743.97
56,712,473.81
1, 069, 200. 00
2, 768, i51. 00
122,300.00
692,800.00
60
REPOR'l' 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, 1940, inclusive; and outstanding as of Dec. 31, 1940 (under section 304,
title III, of the act approved lt.far. 9, 1933, as amended) (excluding purchases of
pref erred stock of export-import banks)-Continued
TABLE
BANKS AND TRUST COMPANIES-Continued
~ ATIONAL
SO-Continued
Outstanding
Disbursed
~ - - - - - - - - I1_ _ _ _ _ _ __
I
State
I
Number of
banks and
trust companies 49
N urn ber of
banks and
! trust com-9 ,
panies •
1
Amount
1
I
I
Florida _________ _____ __ _____ ______ _______ _
Georgia __ _________ ______ _____ __________ __
Idaho _______ ___________ _______ ___ ___ ____ _
Illinois _______ ________ _____ ___________ - - __
Indiana ___ _______ ____ __ ______ ______ _____ _
Iowa ___________ ______ ____ ____ ____ _______ _
Kansas ____ ___ ______ ____ ____ _____ ______ __ _
E-i~i~Y~!I::~~~~~~~~~
~~ ~ :~~~~~~~~~~~~~~: ~ ~
Maine _________ __ ______ ___ _______ _- _- - - - -
Maryland ________ ___ _____ ____ __________ __
M assach use tts ___ __ ____ ____ ______ _______ _
Michigan ________ ______ ____ __ __ _____ ____ _
Minnesota ____ ___ _______ ____ ______ ___ ___ _
M~ssissiJ_)PL ____ - __ __ - - ___ - -- - - - - - - - - - - - -
~ ~s~i~~~--~ ~:: :::::::::::::~ ~ :::::::::::~ ~ I
I
Nebraska_ - - __- _- - - - - - - - - - - - - - - - - - - - - - - - Nevada ________________ ___ __ ____________ _
New Hampshire ______ _____ ____ ________ __
New Jersey ______ ________ ____ _________ __ _
New l\1exico _______ _______ ___ ____ ______ __
New York ________ ______ __ ____ __________ _
N ortb Carolina ______ _________ ___ _____ ___
North Dakota ____ __ ___ _______ _____ ____ __
0 hio _______ ____ ______ __________ _________ _
Oklahoma _____ _______ ___ ____ __ ____ _____ _
Oregon _____ ____ ____ __ _____ _______ ____ ____
Penn:- y l van ia __ ______ ___ _____ ___ ____ __ ___
Rhode Island. __ __ _________ __________ ___ _
South Carolina ________________ ____ ___ __ __
South Dakota __ __ ____ __________ _____ __ __ _
Tennessee ______ ___ __ _________________ ___ Texas ______________ ____ ___ _____ ___ _____ __
Utah ________ ____ ___________________ __ ____
Vermont _______ ______ _____________ - __ _- - Virginia ____ __ __ ___ _______ ____ __ _________ _
\Vashington ____ __ ___ ____ ____ __ ____ - __ ____
W ~st Virginia ______ ___ - ___ ____ - ___- - - - - - W 1sconsm ____ __________________ _______ ___
Wyo ming ___ _____ ______ __ ____ __ _____ _____
Alaska _______ ______ ___ ___ ________ __ ______
Virgin Islands ___ ___ ____________ _____ ____ _
Total, national_ ____ ____ __ ______ ____
I
See footnotes at end of report.
$1,330, 000.00
$323, 000. 00
7
1, 722, 500. 00
776,500.00
10
1, 090, 000. 00
756,600.00
6
84,160,114.17
4,527,645.00
90
7,188, 500.00
2,598,770.00
27
6,512,500. 00
1, 025, 100. 00
26
2,282, 500.00
1, 099, 500. 00
29
3, 397,350.00
1,496,053.87
12
4, 400,000.00
3,095,000.00
13
513, 775. 008
2, 610. ooo. oo
1, 957, 180. 00 ,
2,998,170.00
10
3, 641, 000. 00.
17
10, 123, 200. oo
13, 474, 511. 00
20,670,760.00
38
2,332,585.18
13,577,525.00
43
1,425,240.00
2,652,650.00
13
2,085,225.00 8,737,125.00
21
233,680.00
1,511,000.00
9
786,000.00
5, 849, 950. oo I
25
12,500.00
175,000.00
1
160, 135. 00,
680,635.00
5
34,022,435.82
26,489,037.56
112
273, 100. 00,
410,000.00
4
129,486,605.83
17,840,320.98
JtiO
274,900.00
1,905,000.00
9
358, 000. OO,
2, 410, 500. 00
12
lo,837,325.29
35,500,737.00
52
1, 262, 801. 07
10, 874, 000. 00 ,
16
123,400.00
890, 000. 00 I
5
11,700,889.67
151
20,693, 736. 50 !
385,220.00
648,500.00
3
929,000.00
1, 505, ooo. oo I
3
568., 7 48. 11
16
2. 954, 100. oo
5,516,824.39
8, _062, 500. 00
19
9,594,323.48
97
23,651,625.00
417,311.43
1, 325, 000. 00
6
336, 100. oo,
550,000.00
7
1,026,625.00
20
3,917, 400. oo
1,784,950.00
3,090,000.00
11
442,500.00
19
3,445,066. 66
9, 545, 900. 00,
15, 545, 100. 00
37
203, 400. 00,
702,500.00
5
37,500.00 _________ __ --------------- -- 119,000.00
125,000. 00
1
13
18
9
133
51
49
46
29
15
13
13
43
53
97
I
I
Hi
31
20
50
3
9
138
6
240
18
31
83
40
20
200
3
6
I
i
27
27
148
8
9
I
I
36
23
36
57
10
..,
1
1
2, 050
STATE,
Alabama ______ ___ ______ ________ ______ ___ _
Arizona ______ _______ _____ ___ ______ _____ __
Arkansas _______ __ __ ___ _____ _______ - __ - ___
California. _____________ __________ _____ __ _
Colorado ___ _____ ____ ______ _- ___ ___ _- - - __ _
Connecticut
_____ ___ ___ ____ _ _____ __
Delaware ____ ______ _____ ____ ___ _____ ___ . _
District of Columbia __ ____ __ ___ ______ __ __
Florida _______ ____ ___ __ ___ _________ ___ ____
Georgia ______ _____ __ _______ _____________ _
Idaho ____ __- _____ - - __ - - - - - - - - - - - - - -- - - - - Illinois . ____ __ ____ - _- __ _- - - - - - - - - - - - - - - -- Indiana __ ____ ___ ___- _- - - _- - - - - - - - - - - - - - - -
Amount ai
44
2
89
59
23
23
7
5
28
68
15
93
231
574,975, 536.98
L 268
215, 852, 545. 81
$4,856,775.00
890,000. 00
2,849,000.00
28, 652, 500.00
750,000.00
3.408, 700.00
430, 000. 00
1,800, 000. 00
871,200.00
3,113,000.00
1,040,000.00
7,571,000.00
9,777. 750.00
25
$2,970,784.57
ETc.no
60
30
16
20
5
5
22
44
9
44
]71
1,310,836.34
7,117,925. 00
572,750.00
2, 332,200.00
81,500.00
895,000.00
450,661.06
1,543,339.00
338,600.00
3, 188, 021. 87
6,199,940.00
FINA.NCI◄~
REPORT OF RECONSTRUCTION
61
CORPORATION
8.-Loans on and purchases of preferred stock, and purchases of capital notes
or debentures, of banks and trust companies, disbursed from Alar. 9, 1933, to
Dec. 31, 1940, inclusive; and outstanding as of Dec. 31, 1940 (under section 304,
title I I I, of the act approved A!/ar 9, 1933, as amended) ( excluding purchasf's of
preferred stock of export-import banks)-Cont.inued
''TABLE
BANKS AND TR UST COMP ANIES-Continue11
STATE, ETC.
j0-Continued
Disbursed
Outstanding
-Number of
banks and
trust companies 49
State
Number of
banks and
trust cornpanies ' 9
Amount
----
- - - - -- -
'Iowa. ________ . __ .... _. __ ........ .. .... _..
Kansas .. ________ ..... _....... . .... _. ____ .
$3,750,500.00
61
$1, 79i, 635. 00
2,990,250. 00
109
1,554,897.44
.s. 682, 500. 00
3,839,712.5 0
70
11,147,000.00
2,315,767.50
60
6,515,500.00
18
4,382,835. l 4
6,350,000.00
46
4,341,245.9 0
5,951,000.00
18
3,048,950.00
20, 054, 501. 00
10,003,825.04
92
3,801,000.00
1,620,366.3 5
97
12,010,500.00
4,644,382.50
110
12,297,800. 00
3,525, 433.4 l
135
2, 519, 500. 00
341,950.00
16
2,773,100.00
714,160.8 4
60
30,000.00 ---- - - - ----- ------------- ---- .
100,000.00
1
100,000. 00
62,439,080.25
61
52,927,886.1 4
305,000.00
183,900.00
10
207,434,053.33
141
49,568,794.4 9
5,583,500. 00
3,327,400.00
65
1,634,000.00
1, 327, 155. 9·3
86
57,931,500.00
26, 167, 07,5. 00
191
70,000.00
35,700.0 0
6
1, 060, 000. 00
419,500.0 0
21
25,316,360.00
21,317,383.9 5
78
250,000.00
240,000.0 0
1
1,281,800.00
445,900.00
22
1,484,000. 00
777,085.4'3
63
3,569,158.26
-1,496,550.00
77
7,752,500.00
3,031,128.69
146
2,720, 000.00
24
702, 550.00
16, 735, 000. 00
15,241,475.00
34
6,777,250.00
4,194,903. 7,Fi
77
3.424,500.00
39
627,820.00
3,016,000.00
40
1,733,878.02
11,078,489.1 7
18,040,500. 00
273
665,000. 00
9
418,800.0 0
290,000. 00
1,250,000.00
2
91
152
83
96
18
52
24
131
161
133
190
37
99
-fMaine
i~~~~!I:=========
_______ . __. __ ====~~~===~======
. _. _. . .... _..... . ====
___ . =
_
Maryland. ___ . __ ._. __ .. _. .... _._ .. _. _. _. .
Massachusetts ____ _........ . . . ...........
Michigan. ________ .. __ ..... . ___ . _.. . . . . _.
Minnesota _________ ·-······-······-···-- ·
M'!SSlSSl
. . I;) p I.
. _______ .. ___ .. . __ _ ... . ____ _ . _ .
M1ssour1- _________ . __ ..... _. . ..... ____ . __
Montana ______ . ____ .. __ ._ ._ ... _... __ . __ . .
Nebraska. __ __ ____ . _______ ..... _...... _..
Nevada ___________ . _. __ . _.. _... __.. . . ___ .
New Hampshire. ________ .. _. . _. __ .. ___ . .
New Jersey __ __ . . . .. . _. __ . _....... .. .....
New Mexico ... •--·--···--····-··-··---·New York ____ . _. _. . _. . . .. _... _.. __ . ____ .
North Carolina __ . _. _.. .. _... _. _.. __ . ____
North Dakota ........ . . .. .... . . ___ ·-- .. __
0 h io. _________ . ____ . __ .. _... _______ __. ___
·0 klahorna. __ . _. _..... . .. . . . .. . .... . .... _.
Oregon. _____ . _·-----· .......... . ... __ ·-_.
Pennsylvania. __ ____ ._ ... _. ____ . . .. __ ....
Rhode Island. __ . __ ...... _. _. _. _.. ___ . __ .
South Carolina ... -- . ......... . . ·----- . . __
South Dakota. ____ .... .. ..... _. __ ... ___ ..
Tennessee .. ·---· -···-·· · -·•·· ····-·-- - --·Texas ____________ -. _. .. - . _....... - . --- - - Utah .. __________ . _........ _. __.. _.. ______
Vermont_ _______ . __ . _. . ......... _____ . __ .
Virginia. _____ _. _. __ ......... __ .. . . _. __. _.
Washington __ . ____ ._ ........... . .. _. _... _
West Virginia __ .. __ ..... __ ..... _.. _.... __
Wisconsin __. ___ .. _.. __ _.. _... . .. _.. _____ _
w yommg
. ____ . _____ ... _. __ ... . . . . ___ __ __ .
Puerto Rico .. __ .... _. . . . ....... . .... _. _. _
30
92
94
256
33
51
96
73
55
345
13
3
Total. _______ . _..... _. _.... _______ .
4,068
TABLE
Amount a1
l
l
72
13
239
115
99
306
7
33
86
1
I
55
591, 709, 669. 58
2. 810
55
266, 858, 703. 29
9.-Loan.~ authorized to business enterprises, from Feb. 2, 1932, to Dec. 31,
1940, inclusive, by size of loans 311
[Does not include loans to business enterprises in connection with national defense]
Size of loans
Number
of loans
I
$5,000
and under __ ..... . _.... . . _.... _.. . ... ______ -
$5,001 to $10,000, inclusive .. _. . .. _... _. __ ...... __.
to $25,000, inclusive ...... . . ... ___ · -- _.. _.
to $50,000, inclusive ... . . __ ._ .... __ . _____ ._
$50,001 to $100,000, inclusive.. ..... . ... .... . . .....
$100,001 to $200,000, inclusive .......... _. __ . . _....
. 1200,001 to $500,000, inclusive_ .. _. ... ...... . . . ....
500,001 to $1,000,000, inclusive . . .. . .... _. __ .--·. .
Over $1,000,000. __ __ _..... _............... _.. _. . _.
$10,001
$25,001
Total, authorizations
-H. ····-·-· -·---· ---··
See footnotes at en<i of report.
Amount authorPercent of izecl by Recon- Percent of
total
total
Istruction Finance
Corporation
3, 58~,--
1, ,509
1,814
1, 071
775
409
272
61
36
9,528
------
i
37. 6
I.1.9
19.0
11. 2
8. 1
4.3
2.9
.6
.4
100.0
$8,26~,922.25
12, 148,270.96
32, 583, 825. 01
41,984.442. 35
60,111,357.16
61,556,073. 66
87, I 13, 422. 70
45,160,896.24
97,667,398.45
2. 7
7.3
9.4
13. 4
13.8
19.5
10. 1
446,595,608.78
100.0
--
1. 9
21. 9
62
REPORT OF RECONSTRUCTION FINANCE CORPORATION
10.-Number of business enterprises to which authorizations were made; and
amounts authorized and disbursed by the Reconstruction Finance Corporation,
from Feb. 2, 1932, to Dec. 31, 1940, inclusive, by industries 39
TABLE
[Does not include loans to business enterprises in connection with national defen:5e]
Number of
business Amount authorized
enterprises j2
Industry
Amount
disbursed
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -1--------Manufacturing :
F,)Od and kindred products:
M eat products ________ _______ __ _____ _____ ___ ___ _
Dairy products ___________ _______ ______ _____ ___ _
Canning and preserving:
Sea foods ___ ________ ________ __ ____ _________ _
Fruit and vegetables ________ ________ _______ _
Flour milling, cereals, etc ____ ____ ___ ___ __ ____ __ _
Animal feeds ______ ____________ ______ ____ .______ __
Bakery products _________ ______ __________ ______ _
Confectionery __ ____ _________ _____ __ __ __ __ ______ _
Beverages __ __ __ _____ _______ ___ _______ ____ _______
M anufactured ice _____ __________ ________ _______ _
All other, food products _____ ____ ____ ___ ____ ____ _
Total, food prod ucts __ ___ _______ ___ __ _____ ____
Tobacco manufactures, totaL __ _______ __ __ ___ ____ __ _
Textiles and their products:
Cotton broad goods _______ _______ ___ __________ __
Cotton narrow fabrics, yarn, thread, etc __ ___ __ _
Silk and rayon manufactures ____ _____ _____ __ ___ _
Woolen and worsted manufactures ____ ____ _____ _
Knit goods ____ __ __ __ ____ ________ ___ __ ___ ___ ____
Dyeing and finishing textiles __ __ ___ _. ___ __ ______
Carpets, rui:-:s, etc ________________ ___ ____ ___ _____
M en's and boys' clothing and furnishings
(including hatsJ ___ ___ ____ ___ ____ ____ ______ ____
W onwn's and children 's clothing and furnishings (including hats} ___ __ _____ _-_____________ __
House furn is hi n gs ___ ____ ____ ___ ___ __________ ____
A 11 other, tex ti Jes _____ _______ ____ _______ ___ ____ _
121
124
$5,722,174.05
3,827,915.37
$2, :~73, 968. 41
2,057,648.9(1
38
120
120
56
76
51
52
49
6,47i, 750.00
7,893,940.42
3,248,864.46
1,847,535.72
1,731,166.58
2,697,259.35
1,843,333.82
1, 778, 871. 33
1,899,433.96
1, 492, 691. 09
5, 173, 618. 57
1. 776,047. 13
989,324.50
645,891.46
1,494,154.35
867,942.15
458,118.70
974,876.61
870
38,968,245.06
18, 304, 281. Si
8
188,000.00
147_,000. 00
36
53
44
53
129
42
8
9,667,063.46
7,465,506.24
9,145,750.00
16, 113, 543. 21
8,299,262.38
9.217. 900. 00
2,48,,812.50
6,626,285. 94
4,359,820.27
6,804,357.50
12,155,988.89
4,743,665. 5S
fi. 172. 6fiJ. ~1
1,770,000.00
87
3, 525, 010. 00
1, 279, 871. 76
71
17
71
850. ,60. 00 j
734, 641. 11 '
3,559,426. 44
.537, 950. O(t
408,622.~1
2,790,309.67
{i3
-- ------------
Total, textiles and their products ___________ __
611
71,066,675. 34
47,649,534.33
Lumber and timber products:
Sawmills (including sawmills combined with
logging camps or with planing mills) ____ __ ___ _
Veneer mills ______________ ____ ___ ________ ____ ___
Cooperage stock mills _____ _____ __ __ ____ ___ ______
Planing mills ____ _______ ___ ___ ____ _____ ___ _____ _
Furniture __ __ ___________ ______ ____ __ ______ ___ ___
Mattresses and springs ____ _______ __ _____ __ __ ____
0 ffice furniture __ ____________ ____ _____ ______ ___ _
Cabinet work, fixtures __ ______ ________ ______ ____
Wooden containers ____ __ _____ ______ ____ ___ ____ _
Wooden turn~d products ___________ _____ ______ _
All other, lumber ___________ __ ________ ____ __ ____
249
36
16
115
153
23
22
14
59
27
45
26,508,804.92
2,513,067. 95
233,050.00
4,957,833.33
8,276,952.75
327,700.00
1,481,300.00
735,950.00
3,357,429.47
1,201,496.67
882,096. 67
15,885,233.01
1,081,515.04
144,450.00
2,575,394.36
4,577,236.99
212,700.00
1,045,566.27
449,071.80
1,815,679. 47
558,513.94
470,133.63
Total, lumber and timber products ___ ____ ____
759
50,475,681. 76
28,815,494.51
Paper and allied products:
Pulp, paper mills __ ____ ___ ____ __ _____ __ ________ _
Containers (bags and boxes) ___ ___ ____ _________ _
All other, paper _____ ____ ______ . ___ _____ ____ ____ _
51
42
27
32,413,250.00
600,644.98
841,350.00
14,401,838.62
230,494.98
268,938.00
120
33,885,214.98
14, 901, 271. 60
194
22
19
32
3,860,895. 26
1,090,123.99
268,425.00
824,425.00
2,291,833. 67
170,118.65
173,700.00
396,100.00
267
6,043,869.25
3,031,752.32
38
28
22
1,567,750.00
1,253,673.29
601,600.00
· 155, 714. 57
1,806,360.00
1,220,270.00
929,160.00
1,013,571.01
742,775.69
513,469.66
130,407.71
1,525,648.74
792,570.6-1
306,500.00
Total, paper and allied products _____ ______ __ _
Printing and allied industry:
Book and job printing ______ ______ ___ ______ ____ _
Lithographing __________ ______ __ ______ __ _______ _
Bookbinding and related industries _.. __________ _
Typesetting, engraving, etc ___ ____________ _____ _
Total, printing and allied industry ___ _______ _
Chemicals and allied products:
Paints, varnishes, and colors ____________________ _
Animal and vegetable oils _____________ _______ ___
Drugs, toilet preparations, and related products_
Soap· and glycerin_ ~______________________ ______ _
Fertilizers __________________ __ ___________ ______ _
Industrial chemicals ___________________________ _
Miscellaneous chemical products ________ _. ___ __ _
Total, chemicals and allied products __________ _
See footnotes at end of report.
11
25
31
33
--
188
7,534,527.86
=====!========/
5,024,943.45
REPOR'l' OF RECONSTRUCTION FINANCE CORPORATION
63
10.-Number of business enterprises to which authorizations were niade; and
amounts authorized and disbursed by the Reconstruction Finance Corporation,
from Feb. 2, 1932, to Dec. 31, 1940, inclusive, by industries 39-Continued
TABLE
Industry
Number of
business Amount authorized
enterprises 52
Amount
disbursed
---Manufacturing-Continued.
Products of petroleum, coal, and natural gas, total . - - -
21
$1,443,750.00
$810, 000. 00
Rubber products, totaL ____ __ ___ ___ _____ _____ ______
30
2, 187,~50. 00
), 044, 412. 50
Leather and leather products:
Tanning and finishing __ _________ __________ _____
Footwear _____________ ____ ________ _______ _. ____ _
Miscellaneous leather goods __ ___________________
18
35
29
1,337,500.00
3,416,880.00
1,327,623.71
443,500.00
1,227,043. 73
797,199. 20
82
6,082,003.71
2,467,742. 93
23
49
37
25
42
28
22
2,059,950.00
2,172,496. 77
4,245,171.74
2,015,100.00
1. 684, 356. 67
596,425.00
862,500.0)
1,533,329. 72
1,197,325.00
2, 3\H, 354. 40
1,450,534.91
,513, 438. 57
432,325.00
201,398.80
226
13,636,000.18
7, 719, 70fi. 40
8
57
17
28
17
ti7
40
15
17
,51
4,061,783.34
5,306,850.00
1,960,550.00
2,280. 423.56
1,049,500.00
6,598. 766.40
1,895,900.00
1,449, 250.00
2, 267,800.00
206,250.00
003,500.00
5,080,050.00
1, 436, 78:3. 3-1
:3, 556, 462. 29
1,034,550.00
1,578, 065.09
413,458.00
2,693,618.23
825, 811 . 2.1
675,252.59
1,309,515.00
48,050.00
438,000.00
3, 23~, 944. ,51)
359
32,760,623.30
Total, leather and leather products _______ _____
Stone, clay, and glass products:
<1 lass products __________ ___ _________ ___ __ _____ __
Brick _________________ __ __ _____ _______ ___ ___ ____
Structural clay products (tile, etc.) __________ ____
Pottery and related products _____ ___ _______ ___ _
Concrete and plaster products ____ __ _________ __ _
Cut stone and stone products __ ____ _____________
All other ________ ____ __________ ________ ______ ____
Total, stone, clay, and glass products ___ ______
Iron and steel and their products (C'xcept machinery):
Blast furnaces, steel works, rolling mills ______ ___
Iron and steel castings ____ __ __ ____ ___ _____ ______
Cast iron pipe and fittin gs __ _______ _______ ___ ___
Cutlery, tools, and general hardware _____ _____ _
Plumbers supplies (metal) ______ _______ ___ ____ __
Heating apparatus (except electric) ____ __ _____ __
Stamped and pressed metal products __________ _
Enanwling, galvi:1nizing, etc ____ ___ ___ ______ ____ _
Fabricated structural stee L ____ _______ __ ____ ____
Ornamental metal work ____ ______ ______________
Metal doors, stutters, and trim ___ ____ _____ . ___ _
Miscellaneous iron and steel products ___________
Total, iron and steel and their products (except machinery) _________ ____ _____________ - Transportation equipment:
Automohiles and parts ___ _________ ____________ __
Aircraft and parts _________ __ _____ ______ ______ ___
Ship and boat building and repairing __ ___ ___ __ _
Miscellaneous transportation equipment_ __ _____
41
11
'
17, 248. 510. ~5
I
11
21,411, 101. 4.5
5,307,500.00
1, 724, 341. 67
2,176,500. 00
18, 0,58, 200. 64
1, 487, 661. 00
803,100.00
1,722,800.00
Total, transportation equipment_ ____ __ _______
Nonferrous metals and their products:
Smelting, refining, and alloying ________ " ______ __
Clocks, jewelry, and silverware _. __________ __ __ _
Engraving, plating, and polishing (metal) __ _____
Lighting fixtures ________________________________
Miscellaneous nonferrous metals and their products _____ __ . ________ __ ___ __ __ __________________
116
30. 619, 443. 12
22,071. 761. 64
Total, nonferrous metals and their products_
Machinery:
Communication equipment_· - ______ ___ ________ _
Other electrical machinery and equipment_ _____
Engines and turbines ____ __ ___ ___ ___ _________ __
Agricultural machinery _______ _________ _____ ____
Construction, mining, and related machinery ___
Metal-working machinery _______ _____________ __
Food products machinery ___ _____ ___ _.. ___ _______
Textile machinery ___ ___ _______ ________ __ _______
Pumps, compressors, and pumping equipment__
Industrial refrigeration machinery ______________
All other __ ___ ___ ___ ____ __ ______ _____ __________ - _
69
12
24
-
18
17
1,942,673.49
633. 500.00
203.570.08
409,775.00
8!)1, 142. 09
412,500. 0047,300.00
123,300.00
29
1, 112, 700. 00
4::39, 669. 03
104
4,302,218.57
1, 913, 91 I. 12
1,362, 000.00
2,409,880.00
3,484,668. 53
903,606.77
2,476,168.24
1,418,533.33
815,400.00
700,966.66 I
893,000.00
1,655,000. 00
8,533,470.91
615,500.00
1, 163,480.00
2,438,317.51
410,345.08
1,012,587.14
,587, 801. 07
410,601.00
397,100.00
705,000.00
882,276.38
4,288,492.67
21
19
14
48
9
18
37
52
21
9
12
14
137
Total, machinery ______ _________ ___ ___________
M~cellaneous manufacturing:
Beien tifi c instrunien ts ____ _______________ _____ ___
Toys and sporting goods ___ __ ___________________
Signs and advertising displays __________________
All other __ _____________ ___ __ ______ ______________
371
24,652,694.44
12,911,500.85
17
24
19
44
370,496. 38
940,766.07
339,350. 00
1, 446, 813. 30
89,755.03
462,255.36
202,~50.00
489,025. 79
Total, miscellaneous manufacturing ___________
104
3,097,425.75
1,243,986. 18
·- - - - ----
I
I
See footnotes at end of report .
64
REPORT OF RECONSTRUCTION FINANCE CORPORATION
10.-Number of business enterprises to which authorizations were made; and
amounts authorized and disbursed by the Reconstruction Finance Corporation,
from Feb. 2, 1932, to Dec. 31, 1940, inclusive, by industries 39 -Continued
·
TABLE
Number of
business Amount authorized
enterprises j 2
Industry
Amount
disbursed
------N omnanufacturing:
Agriculture, forestry, and fishing:
Poul try farms ___ ____ _______ ______ ____ __ ______ _Fur farms ______ ____ ____ _______________________ _Nurseries and greenhouses _____ _______________ _Miscellaneous agricultural farms ______________ _Ag~icu_lture and forestry services (inducting
g1nn1ng) ____ _____________ _________________ ___Fishery and sponge fishing _________ ______ ____ __-
23
9
38
24
$148,095.00
177,119.25
387,147.97
710,350.00
$79,100.00
129,012.40
264,736.34
278,369.00
20
58
541,341.56
294,932.00
171,150.00
146,992.96
Total, agriculture, forestry. and fishing . _____ _-
172
2,258,985.78
1,069,360.70
Mining and quarrying : 5z
Coal __________________ __ ___ ________ ___ ________ _Stone quarries ______ ___ __ ___ ____ _________ _____ _Sand anc1 gravel ___ . __ ___ _______ ___ ___ __ _____ __Miscellaneous mining ___ ___________ ____ ________-
96
,57
35
17,028,436.12
4,824,500.00
1,354,400.00
2,379,826.04
8,097, 711. 57
2, 719, 938. 84
973,119.04
1,361,285.62
223
25,587.162. 16
13,152,055. 07
32
29
33
8i7,400.00
1,198,841.35
464,550.00
73,370.00
338,000.00
334,137.19
422,850.00
564,117.37
381,300.00
37,320.00
218,000.00
165,840.81
120
3, 286,298.54
1. 789,428.18
13
41
160,950.00
479,535.00
100,750.00
123,686.82
621,280.00
7,841,965.16
1,542,360.00
716,450.00
1, 762,151.00
548,075.00
80,955.05
269,560.00
29,000.00
39,050.00
145,645.26
1,767,410.52
729,589.Zl
380,000.00
830,734.96
114, 109.52
19
32
62
10
30
52
824,800.00
446,966.60
1,186,825.00
258,687.50
726,850.00
1, 507, 975. 00
645,250.00
242,907. 37
,525, 500. 00
160,104.07
242,091.40
519,647.25
18,849,307.08
7, 021, 554. 67
73,323.35
747,498.33
112,975.00
3,806,355.00
251,684.29
1, 657, 511. 23
182,877.86
228,374.67
225,036.67
705,342.70
1,298,339.43
55,602.86
513,243.33
458,862.50
191,522.76
36,282.00
242,695.00
35,175.00
3,315,330.00
110,380.79
973,252.37
114,350.00
123,083.00
97,497.67
313,151.28
651,331.45
54,102.86
232,600.15
278,599.84
45,800.00
2,128,202.50
117,450.00
832,535.00
655,145.20
137,700.00
1,210,675.00
37,749.50
410,325. 14
189,586.50
80,900.00
'l'otal, mining and quarrying _____ _________ __ _Construction:
Building construction, general contractors ____ _Hca vy construction (roads, sewer<;, etc.) _ __ . __ _Marine construction (other than shipbuilding) _Plum bing, heating, etc __ _______ _____ _________ __Excavation and foundation work__ ___ ____ ____
Miscellaneous contractors ___ ____ __. ___. ___ .. __ . _Total, construction ________ ______ _____ _______ _Wholesale:
Assemblers of farm products __ ____ __ __ ___ ____ _
Dairy and poultry products _____ ___ __ ____ __ __ __Dry goods and apparel_ ____. __ _. ______ ________ _Electrical goods _______ _________ ____ ___ _________ _
Farm products (other) ____ ___ ______ _______ ____ _Fruits and vegetables (fresh) ___ ____ __ ______ ____ _
Groceries and foo<l specialties __ __ __ __ _____ _____ _
Hard ware __ ______________ _______ .. __ _____ __ ___ __ _
Lumber and construction materials ___ ____ . __ ___
Machinery, equipment, and supplies _____ __ _. __
Metals and minerals (except petroleum and
scrap) __________ . _________ . ___________ _______ __
Motor vehicles and equipment_ __ _______ __ _____ _
Petroleum and its products _________ __________ __
Plumbing and heating equipment and supplies_
Waste materials ____ ____ __ ____________ _________ _
Wholesalers not elsewhere classified ___ ___ ______ _
3.5
---6
10
10
----- --------34
IQ
10
35
51
9.,
23
f)()
Total, wholesale __________ __________________ __ - - - 577
Retail:
Accessory, tire, battery, and parts dealers _____ __
Apparel stores ___________ ______________________ _
Bakeries and .caterers __ ____________ ___ _________ _
Department stores _____________________________ _
Drug stores ____ ____ __ ___ ______ __ ____ ______ _____ _
Dry goods and general stores ______ ____ ________ __
Electric and gas household appliance stores ___ .. _
Farm and garden supply stores _____ ______ _____ __
Filling stations __________ __ ____________________ _
Fuel and ice dealers ___________________________ __
Furniture and home furnishings _______ ________ _
Furriers and fur shops _________________________ _
Grocery and meat stores ______________ __ _______ _
Hardware and farm implement dealers ________ _
Jewelry stores ________ _____ ___ _____ _____ _______ _
Lumber, building material and equipment
dealers __ _____________________________________ _
Miscellaneous food stores ____ _______ ___________ _
Motor vehicles _________________________________ _
Restaurants, etc ______________ ______ ___ ___ __ ___ _
Miscellaneous retail stores ________ _____________ _
Total, retail ________________ _____ _________ ___ _
22
72
10
39
69
128
20
27
54
64
72
14
124
63
17
129 I
7 I
98
54
21
1, 104
.- - - -
S,·e footnotes at end of report.
I
14,379,582.68
l
8,552,867.55
REPORri1 OF RECONSTRUCTION FINANCE CORPORATION
65
10.-Number of business enterprises to which a11,thorizations were made; and
amounts authorized and disbursed by the Reconstruction Finance Corporation,
from Feb. 2, 1932, to Dec. 31, 1940, inclusive, by industries 39 -Continued
TABLE
Number of
business Amount authorized
enterprises 52
Industry
Amount
disbursed
Miscellaneous:
Automobile repair services and garages _____________
68
$295, 171. 14
$150,604.16
Barber and beauty shops _____ ___ ____________ __ _____
20
40,490.00
28,265.00
Bus and truck lines, terminals, etc __________________
45
9,240,296.00
5,346,552.36
Cold-storage warehousing, including lockers ____ ___ _
25
581,583.33
286,087.13
Communication facilities ___________________________
20
5,138,960.00
2,345,352.08
736
16,894,000.00
1,417,374.32
Heat, light, and power ______________________________
22
2, 511, 493. 33
953,310.00
Hotels, camps, tourist, and recreationaL ____________
68
968,340.00
240,402.24
Laundries, cleaning and dyeing plants ______________
145
2,427,689.76
1,494,178.95
Miscellaneous personal services_.____________________
79
5,230,748.91
2,720,196.08
Miscellaneous repair services ____ ____________________
32
151,775.00
54,875.00
Motion pictures (production, theaters, etc.) ________
23
1,347,660. 00
356,915.00
Photographic studios ________ ___________________ ____
16
178,570.00
133,150.00
Warehousing and storage other than cold storage ___
58
1,465,750. 00
695,178.76
Water and sanitary services ____ _________ ____________
11
158,350.00
60,500.00
Water transportation _______________________________
35
4,173,750.00
3. 131,929.60
All other ____________________________________________
I
82
4, 485, 291. 75
I
3,222,324.21
Grand total 61 _________________ _ ___________________
7,917
Financing (growers, canners, etc.) __________________
32
I
9 51
446, 595, 608. 78
l
239, 531, 271. 11
11.-Total amount authorized and disbursed to business enterprises by
Reconstruction Finance Corporation and participating banks, etc., from Feb. 2,
1932, to Dec. 31, 1940, inclusive, by States 39
TABLE
[Does not include loans to business enterprises in connection with national defense]
State
Alabama ________
Arizona _________
Arkansas ________
California _______
Colorado ________
Connecticut _____
Delaware ________
District of Columbia ________
Florida __________
Georgia ___ __ _____
Idaho ______ -- ___
Illinois __________
Indiana _________
Iowa ____________
Kansas __________
Kentucky _______
Louisiana ________
Maine ___ ________
Maryland _______
Mas.5achusetts ___
Michigan ________
Minnesota __ _____
Mississippi_ _____
Missouri_ _______
Montana ________
Nebraska ________
Nevada _________
Amount
authorized
Amount
disbursed
$4, 555, 810. 00
1,632,155.72
7, 013, 716. 10
33,969,507.28
2,831,575.82
8,568,612.50
504,900.00
$3,388,062.19
1,122,080.53
6, 190, 161. 42
23,734,240.89
1,153,793.29
6,777,297.66
387,500.00
703,460.00
10,626, 731. 24
18,161,148. 85
1,159,490.00
28,080,816.05
7, 042, 950. 00
2,205,350.00
2, 634, 576. 45
7,031,725.11
1, 319, 653. 96
11,389,310.00
6,287,119.62
15, 394,771.06
31,984,244.45
4,617,547.74
1,613,997.98
21,474,844.19
1,627,598.95
2,323,409.43
116,621.93
526,794.50
6,305,204.52
12, 713, 658. 06
966,524.09
12,836,637.08
4,343,913.00
1,296,529.00
1, 616,724.40
3,419,665.23
879,528.05
860,557.27
4,300,133.72
10,414,438.82
23, 125,747.46
2,715,137.93
921,989.77
14, 222,924.54
I. 279, 182. 54
1, 562, 561. 55
77,497.79
See footnotes at end of report.
State
New Hampshire_
New Jersey ______
New Mexico _____
New York _______
North Carolina __
North Dakota ___
Ohio ____________
Oklahoma _______
Oregon __________
Pennsylvania ____
Rhode Island ____
South Carolina __
·South Dakota ___
Tennessee _______
Texas ___________
Utah ____________
Vermont ________
Virginia _________
Washington __ ___
West Virginia ___
Wisconsin _______
Wyoming _______
Alaska __________
Ha waiL ____ _____
Puerto Rico _____
TotaL ____
53
Amount
authorized
Amount
disbursed
$2,212,500.00
28,401,893.80
1, 249, 191. 55
47,159,397.68
11,078,064.94
816,800.00
26,364,748.24
2,086,719.43
12,950,404.62
44,198,084. 33
3,560, 000.00
4,185,673.18
195,136.00
12, 54 7, 053. 22
9,994,987.26
1,560,445.32
506,100.00
6,192,950.00
30,383,915.69
3, 518, 29,5. 45
9,779,475.00
318,545.51
512,500. 00
400,000.00
1,577,500.00
$1,150,566.00
18,848,303.75
725, 475.36
25,764,632.37
7,698,349.91
620,149.73
19, 125;243.31
1,378,169.39
9,652,033.02
30,489,132.17
3,133,437.12
3,273,395.07
90,863.20
8, 972,281.32
7,613,324.28
1,174,939.73
310,809.50
3,989,273.33
21, 700, 749. 40
2, 103, 445. 95
6,679,140.45
262,545.51
50,000.00
275,000.00
l, 181,500.00
496, 622, 025. 65
54
323, 401, 245. 17
66
REPORT OF RECONSTRUCTION FINANCE CORPORATION
TABLE
12.-Part !.-Loans on self-liquidating projects by types of project, from
July 21, 1932, to Dec. 31, 1940, inclusive
[Under sec. 201 (a), title II, of the Emergency Relief and Construction Act of 1932, as amended]
BRIDGES
Number of Number of
loans
authorized borrowers
Amount withdrawn or
canceled
Amount
authorized
Amount disbursed
Public ___________________
Private __________________
11
5
9
5
$98,413.976.86
1,729,930.78
$2, 9-13, 000. 00
415,000.01)
$95,470,976.86
1,314,930.78
Total ______________
16
14
100,143,907.64
3,358,000.00
96,785,907.64
COLLEGE BUILDINGS
-I
Public __________________
9
I
I
$3,031,155.71
$1,708,000.00
I
$1,323,155.71
DOCKS AND TERMINALS
Public ___________________
Private __________________
2
3
2
3
$325,000.00
1,793,691.47
$50,000.00
1,100,000.00
$275,000.00
693,691.47
Total ______________
5
5
2,118,691.47
1,150,000.00
968,691.4 7
$10,21-1,000 00
1,330,000.00
$2,308,400.00
1,55, 000. 00
$7,570,600.00
875,000.00
11,544,000.00
2,763,400.00
8, 44,5, 600. 00
DRAINAGE AND IRRIGATION
Public ___________________
J>rivate __________________
14
3
10
Total ______________
17
13
3
--
HOUSING (LOW COST)
Private _________________
-I
I
31
3
I
$12. 187,000.00
I
I
$8,214,000.00
$1, 441, 307. 57 _/
$774,607.81
$3,973,000.00
MARKETS
Private _________________
-I
91
91
$2, 215, 915. 381
PO"\VER
Pubiic ___________________
I
sl
51
$24,665,964.37
I
$1, 764, 694. 371
$22,901,270.00
PUBLIC AND SEMIPUBLIC BUILDINGS
Public _____ _____________
-I
61
61
$3,906,500.00
I
$53, 000. oo
I
$3,853,500.00
I
$1, 097, 300. 00
t
$937,000.00
SEWERS
Public _______________ ---1
12 /
12
I
$2,034,300.00
W ATER"\VORKS (including water districts)
Public ___________ . _______
Private __________________
91
13
81
13
$227,939,859.85
569,340.00
$9,094,374.00
434,140.00
$191,029,485.85
135,200.00
Total ______________
104
94
228,509,199.85
9,528,514.00
191, 164, 685. 85
REPORT OF RECONSTRUCTION FINANCE CORPORATION
TABLE
67
12.-Part !.-Loans on self-liqu1·dating projects by types of project, from
July 21, 1932, to Dec. 31, 1940, inclusive-Continued
ALL OTHER
Number of Number of
loans
authorized borrowers
Amount withdrawn or
canceled
Amount
authorized
-
-
-
Amount disbursed
Public ___________________
Private __________________
5
I
5
1
$4,614,000.00
4, 486,250.00
TotaL _____________
6
6
9, 100, 250. 00
$4, 413,222.80
$200,777.20
4,486,250. 00 -- ------ - -- - -- - --4,687,027.20
4,413,222. 80
TOTAL, PART I
Public ___________ - _- - - - - Private __________________
155
37
139
37
$375,144,756.79
24,312,127.63
$19,219,545.57
12,304,697.57
$327, 774, 211. 22
12,007,430.06
TotaL _____________
192
176
399,456,884.42
31,524,243.14
339, 781,641.28
12.-Part I [.-Loans to public agencies to aid in financing projects authorized under Federal, State, or municipal law by types of project, from Apr. 13,
1938, to Dec. 31, 1940, inclusive
TABLE
[Under sec. 5d of the Reconstruction Finance Corporation Act, as amended]
Number of Amount auloans authorized
thorized
Type
Bridges ____________________________________
College buildings ________________________ . __
Municipal improvements (parks, etc.) _____
Power and light_ ___________________________
Public buildings _______________ __________ __
School buildings ___________________________
Sewers ________________________________ ___ __
Street and roads ______ ______________ ________
Waterworks ________________________ ________
All other ______________ _- __ . __ - ___ - - - _- - __ - -
10
14
5
10
17
16
20
12
68
15
$13,593,536.00
5,027,000.00
1,892,000.00
21, 115, 000. 00
5, 489, 991. 81
1,509,900.00
1,fi90,000.00
48,327,088.76
16,637,700.00
99, 352,100.00
Total, part IL _____________ ._ - __ . ____
187
214,634,316.57
Amount withdrawn or
canceled
$581,000
138, 000
Amount dis•
bursed
373,000
442, 800
718,500
5, 179,000
1,295,500
417,100
$11,943,036.00
3,769,000.00
772,000.00
8,349,000.00
4, 878, 991. 81
437,100. 00
755,800.00
43,105,588.76
14,089.300.00
34,265,000.00
15,161,900
122,364,816.57
---------- --- -6,017,000
rT ABLE 13._- Names and_ compe_n sation of directors, officers, and employees of the
Reconstruction Finance Corporation receiving from the Corporation more than
$400 per month, as of Dec. 31, 1940
W ASHINOTON OFFICE
Name
Title
Sc~•, Emil. ______ ------ ____________________ . Chairmmi _______________ ____________________ ·:
Henderson, Charles H__ ___ ______ ________ __ ____ Director ___________________________________ _
Salary per
month
!:=~~r-~~:1::::::::::::::::::::=:::::: :=:J~::::=::::::::::::=:::::::::::::::::::: .
Talley, Lynn p _------------------------------ Assistant:to the directors ______ _____________ _
Buskie, George F --~~-------------------------- Special as's istant to the directors ____________ _
Cooksey, George R ____________________________ Secretary_ - - - - -- - --------------------------Mulligan, H. A_ _ _____________________________ Treasurer ___ __________ ________ _____________ _
Hamilton, Claude E., Jr ______________________ General counseL ___________________________ _
Clay, Cassius M ______________________________ Assistant general counseL __________________ _
Dougherty, J. L ____________________________________ do __ ----- - --------------------------- - -Durr, C. J _____________________________________ _____ do __ ___ __________________ _____ . _____ . __ _
Snodgrass, Russell L_ ------------------------- _____ do __ --- - ------- - -----------------------Fitts, William c ____________ __ __ ____ __ __ ______ Special counseL ______ ______________________ _
Lindquist, R. J ____________ ____________ _______ Chief au Ji tor ________ __ ____________________ _
Barriger, J. W., !IL ___________________________ Chief examiner, Railroad Division _________ _
See footnJtes at end of table.
$833:·33
833.33
833.33
83:t33
833.33
571,041.67
833.33
833.33
833.33
833.33
833.33
833.33
833.33
833.33
833.33
833.33
833.33
68
REPORT OF RECONSTRUCTION FINANCE CORPORATION
13.-Names and compensation of directors, officers, and employees of tJ.
Reconstruction Finance Corporation receiving from the Corporation more tha
$400 per month, as of Dec. 31, 1940-Continued
TABLE
WASHINGTON OFFICE-Continued
Name
Title
Brownell, R. A ________________________________
Macartney, Morton___________________________
McGrath, M. J _______________________________
Hamilton, T. A __ ----------------------------Thralls, Jerome_______________________________
Williams, George B ___________________________
Taylor, R. J_ __________________________________
Costello, W. C __ -----------------------------Satterfield, W. R _______________ - ______________
Goodloe, John D ______________________________
Chief, Agency Division ____________________ _
Chief, Self-Liquidating Division ___________ _
Chief, Examining Division _________________ _
Special examiner ___________________________ _
Special representative ______________________ _
President of The RFC Mortgage Company_
Assistant Chief, Examining Division ______ _
Special assistant to the board of directors ___ _
Assistant general counseL __________________ _
Vice President, Defense Supplies Corparation.
Sullivan, William W ___ ___ ________ __ ______ ____ Examiner __________________________________ _
Griffin, D. B __________________________________ Assistant treasurer _________________________ _
Johnson, W. J _________________________________ Assistant Chief, Examining Division _______ _
Ronan, Frank T _ _____________________________ _____ do ___ ___________ __ _____________________ _
Wright, Charles M _______ _____________________ Assistant general counsel_ __________________ _
White, Bayes M_ ------- -- -------------------- Administrative assistant_ __________________ _
Kuehl, Frank W _________ ____ _________________ CounseL __________________________________ _
Coleman, John F ___ ___________ ________________ Engineer adviser ___________________________ _
Ribenack, W. c _______________________________ Assistant Chief, Examining Division _______ _
Stroud, W. E __ _______________________________ _____ do _________ ____________________________ _
Allen, Ronald H ___ _______________ ____________ Assistant secretary _________________________ _
Hobson, Alfred T _____________________________ _____ do _______ __ ____________________________ _
Sullivan, Barry L _____________________________ Assistant treasurer _________________________ _
Davis, Thomas H _____________________________ Administrative assistant_ __________________ _
Bassett, Albert E __ --------------------------- Examiner __ ____________________ ____________ _
Strong, Albert L ____________________________ __ Chief, Drainage and Irrigation Section _____ _
Thoran, Benjamin W ____ _____ ________ ________ Administrative assistant_ __________________ _
Dings, J. Frank___________ __ ______ __ __________ Special assistant_ __________________________ _
Kelley, Jerome T ______________________________ Assistant treasurer _________________________ _
Unzicker, Willard E ___________________________ _____ do _____________________________________ _
Berrett, R. W __ ___ __ __________________________ Administrative assistant_ __________________ _
Merritt, Arthur B _____________ ___ ______ ____ ________ do ______ ___ ____________________________ _
Klagsbrunn, Hans A__________________________ CounseL ____ ___ ___________________________ _
Drager, Walter L__ ___ _________________________ Chief, Engineering Section _________________ _
Edelman, Ed ward _______ __ ________ . __________ Counsel _____ _______________________________ _
Norton, John E _______________________________ Chief, Mining Section ______________________ _
Shaver, Clem __ - ------------------------------ Special assistant to the directors __ __________ _
Elliott, David c ______________________________ Chief, Statistical and Economic Division ___ _
Gunderson, Harvey J _ ___ ____ _______ ____ __ __ __ CounseL ___________________________________ _
Dodds, Chauncey Y ______ __ _______ ____ ___ ____ Examiner __________________________________ _
Stafford, Bayard C __ _________________ ______________ do ________________ ---------------------W a tson, William P ____________________________ _____ do _____________________________________ _
Chadduck, Harry W ____ __ ____________________ Administrative assistant_ __________________ _
Ori ffin, Charles N __________________________________ do _____________________________________ _
Young, R. D __ _______________ ______________________ do ______________________________________ _
Hill, George H., Jr_ ___________________________ CounseL _________________ • _________________ _
Stansfield, Edgar A _______ ____ ____ ____ __ __ _____ ____ do ___________ ____ -----------------------Greist, Alva o_ ------------------------------- Advisory engineer __________________________ _
Fletcher, William Meade, Jr___ _______ ____ ____ CounseL _______ ____ ________________________ _
Mill er, M. E __________________________________ Examiner ______ __ __________________________ _
Stein, Edward T ______________________________ Chief, Bond Service Section ________________ _
Livingston, Schuyler W _______________________ CounseL __________ _________________________ _
Greer, Frank H _____________________ __ ________ Special representative ____ __________________ _
Cole, James o ___________
Assistant to== the
Chairman
_________________
:i:!~:'v~i~~~~-~~
== ======___=___________________
=================== -Exa~iner=
========
== == ===
=================_
Beck, W. C., Jr_ ______________________________ Chief accountant __ __ _______________________ _
Royall, Nathaniel_ _____ __ _______________ ______ Assistant chief auditor _____________________ _
Wilson, Robert G _____________________________ CounseL ___________________________________ _
Dickinson, R. G _______________________________ Examiner __________ __ ______________________ _
Howard, Ernest B _______ __ __________ __ _______ _____ do ___ ___________________________________ _
Lewis, Charles B ___________________________________ do ______________ ________________________ _
Rossman, Richard __ ___________________________ _____ do ______________________________________ _
Wadden, Thomas A ___________________________ _____ do _____________________ -----------------Rutland, Herbert R __ ___ ______________________ Administrative assistant ___________________ _
Johnson, L. E _________________________________ Examiner __________________________________ _
Tyree, Young __________ __ _____ _____________________ do ______________________________________ _
Joyce, Walter E ___ __ ____ __________ __________ __ Administrative assistant ___________________ _
Keays, R. H_ --------------------------------- Supervising engineer_ ______________________ _
Knarr, M. W __ _____ ___ ____ ___ _____ __ ____ __ ____ Assistant to the secretary __________________ _
Glueck, Nathan H _____ ___ ____ ~- ____ ___ _______ CounseL ____ ________ -----------------------Armistead, Robert P __________________________ Examiner __________________________________ _
Clayton, Laurance J ________________________________ do ______________________________________ _
Cloninger, C. W _____ __ __ __ ______ ___________________ do ___________ ___________________________ _
Coombs, J. Wendell __ ___ _____ ____ _______ ____ _______ do ______________________________________ _
Foster, Sterling J., Jr ____________ __________ ____ _____ do ______________________________________ _
.Jenkins, Bugh Powell ______________________________ do ______________________________________ _
Jones, Ralph B _____________________________________ do _____ __ ____ ____ _----------------------See footnotes at end of report.
Salary pe
month
$833.:
833.:
833.:
833.:
833.:
833.:
800.(
791. t
791. (
791. (
775. C
766. (
750.(
750. C
750. (
750.(
708.::
708.::
708. ~
708.::
708. ~
708. ~
666. t
666.{
666.{
666.,
666.{
666.{
650.C
650.C
650.C
650.C
650.C
650.0
633.3
625. 0
625.0
625.0
625.0
625.0
625.0
625.0
625.0
625.0
625.0
608. 3
608. 3
600.0
600. 0
600.0
583.3
5833
583.3
583.3
583.3
566.6
566.6
566.6
566.6
566.6
566.6
566.6
566.6
566.6
562.5
562.5
562. 51
550.0
550.0
541.6
541. 6
541 6
541. 6'
541. 6
541. 6
541.6'
541.6'
541.6'
REPORT OF RECONSTRUCTION FINANCE CORPORATION
69
13.-}lames 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, 1940-Continued
rABLE
WASHINGTON OFFICE-Continued
Name
Salary per
month
Title
"uce, George P ________________________________ Examiner ___________________________________ _
Mielenz, Louis M _____________________________ _____ do ____________ - _________________________ _
0'BJeness, E. J _____________________________________ do _________________________ ____ _________ _
Peery, Robert W __________ __ _________ ___ ___ ___ _____ do __________________ __ __________________ _
Robertson, Hilton W _______________________________ do ________ - _- ___________________________ _
Rochelle, ·w illiam J ______ - ___ - _- _- _______ __________ do ____ - _- _- _- _- _- _- _- ___ - -- _____ - _- ___ - __
Beabury, R. M _____________________________________ do ______________________________________ _
Seeley, HaroldJ ____________________________________ do ______________ _________ ___ ___ ________ __
Talman, Carter ____________________________________ do ___ ___ _____________ ___________________ _
Toole, J. E _________________________________________ do ______________________________________ _
Ward, Maxwell ____________________________________ do ______________________________________ _
Lamphere, Frank E ___________________________ Supervising engineer _______________________ _
Tracy, Frank T ______________________ _______ __ Chief Clerk and building superintendent_ __
:Burton, Roy E ________________________________ Assistant Chief, Engineering Section _______ _
Rait, Donald M ______________________________ Engineer-examiner _______________________ __ _
Estes, George L _______________________________ Examiner __________________________________ _
Freeman, Lewis D ________________________________ do ______________________________________ _
Henrich, William A_ __________________________ _____ do ______________________________________ _
Rhett, Robert Goodwyn, Jr ________________________ do ________________ ________ ______ ________ _
Blair, Smit b ___________________________________ _____ do ______________________________________ _
Holland, Bernard P ., Jr________ _____________ __ CounseL ____________________ ___ ______ ___ ___ _
Galt, Alexander B _____________________________ Assistant secretary _________________________ _
Crossland, Stanley T __________________________ Assistant to Mr. Klossner __________________ _
Goodale, Robert c ____________________________ CounseL ___________________________________ _
Hutchinson, A. s ___________________________________ do ______________________________________ _
McCaffery, Emmet _____________________ ___________ do ______________________________________ _
Stoner, George B ___________________________________ do ______________________________________ _
Chadwell, W. A__________________ _____________ Examiner __________________________________ _
Cristadoro, Anthony J __________________________ ___ do _________ __ __________ ______________ ___ _
Etheridge, Julian C ___________________ _____________ do _____ _________________________________ _
Farrell, Edward A---------------------------- ____ _do ______________________________________ _
Giddings, William c _______________________________ do ______________________________________ _
Hoover, James O ______________________________ _____ do ___ ___ _____ _______ _________ ____ _______ _
House, Perry B ________________________________ __ __ do ______________________________________ _
Mack, Bryan _______________________________________ do ______________________________________ _
Stewart, Adelbert T ___ ________________________ _____ do __________ ___ ___ ___ ________ ___ ____ __ __ _
Williams, John F ________ ______ __ ___ ___ __ ____ __ Administrative assistant_ ___ _____ _____ ___ __ _
Dawson, Donalds _________________________________ do ______________________________________ _
Kannee, Henry M _____ __ __________ _______ ____ _ Liaison representative ______________________ _
Roper, James H _______________________________ Supervising engineer _______________________ _
Waugh, Lester R ___________________________________ do ______________________________________ _
Halsted, J. Donald ______________ ____ ____ _____ _ Special assistant, Statistical and Economic
Division.
Maroney, W. H ___________________ ____________ Assistant Chief, Bond Service Section _____ __
Strobert, H. R ________________________________ Auditor __ _________ ______ ___________________ _
Ward, Peter c_ _____ _____ _____ __ __ __ __ ______ __ Administrative assistant_ ______ __ _________ __
Bladen, W. H _______ __________ ____________ ___ _ Chief, Expense Section _____________________ _
Braverman, A. Marvin_ _________ _______ _______ Counsel_ ________ ______ ________ _____________ _
McLaughlin, Matthew A., Jr ______________________ do _______ ___ ______________________ _____ __
Metz, Elmer E ____ _______ ____ _________ __ ___________ do ______ __ __ __________ _______ ___ ____ ____ _
Strom, L. H ___________________________________ Engineer exam in er _____________ ______ ______ _
Warren, Frederick H __________________________ _____ do ____ ~ _________________________________ _
Buckles, Ward M _____________________________ Examiner __________________________________ _
Brown, Alan B ________________________________ CounseL ___________________________________ _
Ellsworth, George K. C _______________________ _____ do ______________________________________ _
Yeager, William B ____________________________ Examiner __________________________________ _
Greely, Adolphus
Engineer examiner_ ________________________ _
Camp bell, J. Bowers_ _________________________ Co tinseL ________ __ ____________ _____________ _
Collins, James H_ __ _____ ___ _____ __ ______ __ ____ Administrative assistant_ __________________ _
Murphy, D. F _______ _______ __ ________ __ _____ _ Examiner __________________________________ _
Respess, John R_ ___ _____ __ _____ _________ _____ _ Auditor _____ __ _____________________________ _
Alexander, Hamil ton ________________________ ~_ Examiner __________________________________ _
Bergstrom, Raymond A ____________________________ do _____________ _________________________ _
Burrowes, Alfred D ___________________________ _____ do _______ _____ ___ _________ __ ____________ _
Coke, William H_ _____________________________ _____ do _____ ______ __ ____ ___________________ ___
Gay, John L __________________________________ _____ do __ _________ ______ ________ _____________ _
Kitt, Joseph C ________________________________ _____ do ____________ ___ _________________ ___ ____
Mccutcheon, William N ______________________ _____ do ___________________________________ ___ _
Mitchell, Robert A ____ __ ____ . _________________ _____ do ______ _______ __ ___ ____________________ _
Rogers, Hatton B __ . __________________________ _____ do ____________________________________ ___
,v __________________________
Leith, Andrew__________________
____
_
~i11~!t
wiNiam- E ===============___===_______
= == ==
=== =Engineer
====~~ ====examiner
===== ===_________________________
== === =================
Plein, Leo N __________________________________ _____ do ___ ______ ____ _________________ ________ _
=
=
=
==
=
=
~~~r:i~~~~-l
s~~~=== =====:::: :=====::::::::
~~~~~~~~==
: ======: ========:====:=== ====== =:=_
Luther, Forrest__________________
__ ____________ - A
pp raiser __________________________________
Considine, James W ____ _______________________ Chief, Federal National Mortgage Association Section.
See footnotes at end of report.
$541. 67
541. 67
541. 67
541.67
541.67
541. 67
541. 67
541. 67
541. 67
541. 67
541. 67
541.67
525. 00
525. 00
525.00
525. 00
525. 00
525.00
525. 00
520.83
516.67
500.00
500.00
500.00
500.00
500. 00
500.00
500.00
500.00
500.00
500.00
500.00
500.00
500. 00
500.00
500.00
500.00
500.00
500.00
500.00
500.00
500.00
483.33
483.33
67 475. 00
475.00
475.00
475.00
475.00
475.00
475.00
466.67
466.67
466.67
466.67
466.67
458.33
458. 33
458.33
458.33
458.33
458.33
458.33
458.33
458.33
458. 33
458.33
4,58. 33
458.33
57 458. 33
458.33
458.33
458.33
450.00
450.00
450.00
450.00
70
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, 1940-Continued
TABLE
WASHINGTON OFFICE-Continued
Name
Title
Rustin, Peter H _______________________________ Auditor_ ___________________________________ _
Robert, F. H ____ ____ ______ ____ ____ ______ ______ Engineer examiner ________ _______ __ ________ _
Boldin, Bernard E ____________________________ Administrative assistant_ ____ _________ ____ __
Close, Jam es \V _______________________________ CounseL __________________________________ _
Jacobson, Harold E ___________ __ _____ ______________ do ______ ________________________________ _
Johnson, H . CI a y ______________________________ _____ do ___ __ _________ _______________ _________ _
Mills, J . Warner, Jr_ __________________________ _____ do ________ ______________________________ _
Moroney, James Call an_ ______________________ _____ do ____ ___ _______________________________ _
Weinstein, Samuel M ___ __ ______ ________________ ___ do ________ ______ ________________________ _
Eigclberner, J ___ __ __ __ __ ____ ___ ___ ________ ____ Examiner ______ __ __________________________ _
H errmann, H erbert J __________________________ _____ do _________ ___________________ ________ __ _
Hub bard, S. A_ _______________________________ _____ do ______________________________________ _
JO h n son, GU y _________________________________ _____ d O___ ___________________________________ _
Huie, Byron s ______________________________________ do _________________ __ ________ _______ ___ __
Wise, George E ____________ ______ ___________________ do ______________________________________ _
Williams, T. A ______________ ____ ___________________ do ______________________________________ _
D avis, Facius W _______ ____ ____ _______ ________ Chief, Interest Section _____________________ _
Chase, John H __________________________ __ ____ Assistant Chief, Statistical and Economic
Division .
Nielson, Leo_____________________________ _____ Administrative assistant ___________________ _
Moyer, \Villiarn A _____________________________ Auditor_ ___ __________ ______________________ _
Reily, Robert F ___ ______________ ______ __________ ___do __ ____________________________________ _
Bfliley, Lawrence M ___________________________ Field representative _________ _______________ _
Bliss, Rodney l'vI ______________________________ _____ do . __ ________ ____ .. __ ____________________ _
Ferratt, Thomas L _________________________________ do ________________________________ ______ _
Allen, Charles C_ ___________ ____ __ ______ _____ _ Supervising engineer _______________________ _
Rahman, William F ___________________________ Engineer examiner_ ________________________ _
McKenna, William F _____ __ ______ ______ ______ CounseL __________ -------------------------Lescallett, George A___________________________ Field representative ________________________ _
Mulligan, Minot c __ __ ___ _______________ ______ Assistant to the Secretary __________________ _
Baukhages, Frederick E., !IL_________________ CounseL ___________________________________ _
Congdon, E. p ________________________________ Engineer_ __________________________________ _
Burrowes, Harry G _____ _______ __ __ __ ____ __ ____ Supervising engineer _______________________ _
Coplan, Benjamin J ________________________________ do ______________________________________ _
Johnson, Clarence G _______________________________ do ______________________________________ _
Yardley, John L. M ________________________________ do __ __ _______ ___________________________ _
Bean, Louis H ________________________________ Construction supervisor ____________________ _
E asley, Robert J ______________________________ Appraiser __ _____ __ _______ __________________ _
Hopkin, William H ___________________________ Field representative ________________________ _
Maddox, A. I( _________________ ___________________ .do ____ __ _________ -----------------------Bartow, John s_____ ____ ___ __ ____ ____ ________ __ Examiner ______ ____________________________ _
Co h b, Cul vcr W ______________________________ _____ do ______________________________________ _
Goldsborough, Phillips L., Jr ___ __ ____ ______________ do _____ ---------------------------------Gosnell, John A_ - -------------- -- ------------- _____ do ______________________________________ _
Jackson, Cullen G ______ _________ ____ _______________ do ______________________________________ _
Keyes, Paul C ____________ _____________ _____________ do ______________________________________ _
Lewis, Lunsford L _________________________________ do _______ ___ _________ ____ _______________ _
Palmer, Vernon D __________________________________ do _____________ __ ________ __ _____________ _
Pierre, Leo A _______________________________________ do ______________________________________ _
Smart, Ornan B ____ __ __ __ ____ _____ __ ________ _______ do ______ ___ __ ___________________________ _
Stafford, D. N ___________________ ___ ________________ do _____ _________________________ ________ _
Steele, Hubert B ___________________________________ do ____________________ ____ ______________ _
Salary per
month
$450.00
450. 00
441. 67
441. 67
441. 67
441. 67
441. 67
441. 67
441. 67
441. 67
441. 67
441. 67
441. 67
441. 67
441. 67
441. 67
433.33
433.33
433.33
433.33
433.33
433. 33
4~3.33
433.33
433.33
433.33
425. 00
425.00
416. 67
416.67
416.67
416. 67
416.67
416. 67
416.67
416.67
416.67
416.67
416.67
416.67
416. 67
416.67
416. 67
416.67
416.67
416.67
416.67
416.67
416.67
416.67
416.67
LOAN AGENCIES u
Atlanta, Ga.:
Everett, M. E___ __ ____ ____ __ _____ ___ ___ ___ l\.fanager ______________________ -------------Davis, W. J_ __ _____________ ______ __ _______ Assistant manager. _____ ___________ ___ _____ _
Birmingham,
Ala.:
Long, E . W
_______________________________ Manager ___ ________________________________ _
Foy, Fred H ______________________________ Assistant manager __ _- __________ - _- - - _- - -- - Boston, Mass.:
Hagerty, John J ___________________________ Manager _____ ___ ____ __________ - _- - -- -- - - -- - Larkin, George E_____ _________ ________ ____ Assistant manager ____ __ ______________ --- - - Griffin, Edward __ ___ ________________ ______ Counsel_ __ ____ _________ - _____ --------- -- ---Charlotte, N. C.: Campbell, John A., Jr_ _____ Manager __ _________________________________ _
Chicago, Ill.:
Murchison, Frank M ______________________ _____ do ____ . - - - - -- -- -- - - - - - - - - - - - - - - - - - - - - - - - Black, Craig O ________ __ ________ __________ Assistant manager ___ - __________ -- __ ---- ---Gregson, William F _______________________ _____ do ____ ___ _______________________________ _
Walker, Lee_ _________ __ _____ __ __________ __ Office counseL _- _- - - -- _- -- - - -- -- - ------- - - - Mattingly, B. Archibald __________________ Special representative ______________________ _
Fordycf>., William c ______________________ . Examiner _____ - ___ - - -- _- -- ----- - -- ------ -- - Hoel, M. O____ __ __ ____ __ __ __ ____ __ __ _____ _ Attorney ___ - -- -- -- --- - ---- ---- --- ----- - . ---Boysen, Louis I{________ ____ ___ ___________ Examiner _____ - ____ ----- ---- ---- -- ---------Mudgett, C. F _________________________________ do ____________ __________________________ _
Standish, M. L ____ _______ __ _______________ Office manag('r ____ _________________________ _
See footnotes at end of report.
$541. 67
416.67
416.67
416.67
750.00
500.00
4.33.33
541. 67
833.33
666.67
583.33
791. 67
708.33
625.00
fi25. 00
500.00
500. 00
500.00
REPORT -OF RECONSTRUCTION FINANCE CORPORATION
71
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, 1940-Continued
TABLE
LOAN AGENCIES68-Continued
Name
Title
Chicago, Ill.-Con.
Gill, Charles R- ___________________________ Examiner __________________________________ _
Nelson, Harvey F ______________________________ do ______________________________________ _
Reuter, Wilbert H ________________________ _____ do _____________________________________ __
Fink, Sigmund A_________________________ Attorney ___________________________________ _
Allen, William S _______________________________ do ______________________________________ _
Wilson, Lewis D __________________________ _____ do ______________________________________ _
Bukowski, Peter L___ _____________________ Examiner __________________________________ _
Smith, Ernest R _______________________________ do ______________________________________ _
Tuohy, Arthur_____________ _________ ______ _____ do ______________________________________ _
Cleveland, Ohio:
Fraser, J. A_ ______________________________ Manager ___________________________________ _
Davies, M. c_ ______ ________ __ _____ ____ ___ Assistant manager _________________________ _
Per kins, T. T _____________________________ ____ _do ______________________________________ _
Adams, J. Raymond_______________________ Examiner __________________________________ _
Dallas, Tex.: Glidden, L. B_ ______ _____ _____ __ Manager ___________________________________ _
Denver, Colo: Hudson, Ross L _____________________ do ______________________________________ _
Detroit, Mich.:
Hodgson, Raymond J _____________________ Manager ___________________________________ _
Fushman, Arthur J _______________________ Assistant manager _____________ ____________ _
Nelson, Fred F _________________________________ do ______________________________________ _
Marks, Charles B _________________________ Office counsel_ _____________________________ _
Houston, Tex.: McConnell, M ____ ____ ______ __ Manager ___________________________________ _
Jacksonville, Fla: Farwell, Fred H _________________ do ______________________________________ _
Kansas City, Mo.: Hodges, Frank __________________ do ______________________________________ _
Little Rock, Ark.:
Jarrett, J.
do ______________________________________ _
Stanley, J. H ______________________________ Assistant manager _________________________ _
Los Angeles, Calif.:
Haight, Hector c_____ __ ______________ _____ Manager ___________________________________ _
Angell, Romaine L_ ___________ __________ __ Assistant manager ___________________ ______ _
Louisville, Ky.: Abell, J. Fort_________________ Manager ______________________ _____________ _
Minneapolis, Minn.:
Clarke, China R _______________________________ do ______________________________________ _
Power, George C __________________________ Assistant manager _________________________ _
Petterson, Severt H _______________________ Examiner __________________________________ _
Nashville, Tenn.:
Gardenhire, J. M_____ _______ ____ _____ _____ Manager ___________________________________ _
Davis, Lee________________________________ Assistant manager _________________________ _
Kent, Paul J ______________________________ Examiner __________________________________ _
New Orleans, La.'.
Robertson, George W _____________________ Man ager ___________________________________ _
Green, Justin__________ ____________________ Assistant manager _________________________ _
Goodman, Samuel J_ ______________________ Agency counsel_ ___________________________ _
Glass, George w __________________________ Special representative ______________________ _
New York, N. Y.:
Ahearn, Thomas J., Jr _____________________ Manager ___________________________________ _
Parks, Thomas E______ ___ _______ __ ____ __ __ Assistant manager _________________________ _
Farthing, William L ____________ __ ______ __ Examiner __________________________________ _
Schneider, John Thomas __________________ Agency office counsel_ ______________________ _
Evarts, Effingham________________________ Assist.ant agency office counsel_ ____________ _
Kavanagh, Thomas P _____________________ Examiner __________________________________ _
Summers, George__________________________ CounseL ___________________________________ _
Callahan, Raymond R _ ___________________ Examiner ______ ____________________________ _
,v ___________________________________
t~~~t~::
¥TI:_~~=========================
== J~=====
============ ========== ============_
Wilson, Russel
T __________________________ =
_=
____
do ______________________________________
Frey, Charles L ________________________________ do ______________________________________ _
Jefferson, Howard M ___________________________ do ______________________________________ _
Linn, Henry A____________________________ CounseL ___________________________________ _
Telsey, Leon G ____________________________ _____ do ______________________________________ _
Chapin, George E _________________________ Examiner __________________________________ _
Sutherland, Conrad J _________ ____ __ ______ Counsel. ___________________________________ _
Fields, Bernard _________________________________ do ______________________________________ _
Fisk. Charles______________________________ Examiner __________________________________ _
Williams, Ralph D _____________________________ do ______________________________________ _
Oklahoma City, Okla.: Eagen, J. c ___________ Manager _____ ------------------------------Omaha, Nebr.: Daniel, Herbert s __________________ do ______________________________________ _
Philadelphia, Pa.:
Scott, E. Raymond _____________________________ do ______________________________________ _
Walton, Henry F., Jr ______________________ Assistant manager __________________________ _
Batchelder, Harry B _______________________ __ __ do _____ _________________________________ _
McCarthy, Arthur F ____ ______ ______ ______ Office counsel_ ________ _____________________ _
P(?rtland, Oreg.: Kennedy, William___________ Manager ___________________________________ _
Richmond, Va.:
Gilmer, Henry G __________________________ _____ do ______________________________________ _
Staples, E. W _____________________________ Assistant manager __________________________ _
Crump, William W ________ _____ ____ ______ Office counsel_ _____________________________ _
See footnotes at end of report.
Salary per
month
$4fi8. 33,
458.33
458.33
433. 33
416.67
416. 67
416.67
416. 67
416. 67
833.33
583.33
500. 00
416.67
500.00
450. oo,
708.33
525.00
441. 67
42.5.00
450.00
500.00
600. 00·
541. 67
416.67
541. 67
433.33
520.83
541.67
450.00
441. 67
500.00
525.00
500.00
625.00
541. 67
541. 67
416.67
833.33
750.00
791. 67
708.33
708.33
625.00
500.00
500.00
4g3_33
466.67
466.67
458.33
458.33
458.33
458.33
450.00
441. 67
416.67
416.67
416.67
475.00
541. 67
666.67
458.33
416. 67
625.00
500.00
541. 67
-500. 00
458.33
72
REPORT OF RECONSTRuc·.rroN FINANCE CORPORATION
13.-Names and compensation of directors, officers, and em'[>loyees of the
Reconstruction Finance Corporation receiving from the Corporation more than
$400 per month, as of Dec. 31, 1940-Continued
TABLE
LOAN AGENCIES58-Continued
Name
Salary per
month
Title
San Antonio, Tex.: Montgomery, W. T _______ Manager _______ ____ ________________________ _
San Francisco, Calif.:
McCullough, John S., Jr_ ____ __ _______ ____ _____ do ______________________________________ _
Hossack, H. F ___________________ __________ Assistant manager __________________________ _
Seattle, Wash.: Grieve, G. B __________________ Manager_ __________________________________ _
Spokane, Wash.: Ferguson, Walter _________________ do ______________________________________ _
St. Louis, Mo.:
Snyder, John W _________ _______________________ do ______________________________________ _
Sain, Frank J ______ _____________________ ___ Assistant manager __________________________ _
San Juan, P.R.: Norregaard, Nelson ____ ______ Special representative ______________________ _
TABLE
$450.00
666.67
583.33
433.33
450.00
833.33
475.00
450.00
14.-Statement of cash receipts and expenditures, Jan. 1 to Dec. 31, 1940,
inclusive (Corporation's accounts with Treasurer of Un,£ted States)
Cash balance at the close of business Dec. 31, 1939, as per the books of the
treasurer of the Corporation ________ _______ ___________________________________________ _
Add: Checks issued prior to Jan. 1, 1940, canceled subsequent to Dec. 31,
1939_ _____________ _____ ______________________ __ ________________________
$7,931.15
Add: Corrections of errors reported to the treasurer subsequent to Dec.
31, 1939_______________________________________________________________
61,956.66
Adjusted cash balance at the close of business Dec. 31, 1939 _____________________________ _
Receipts:
Sale cf notes________________ ________________________________________ $72, 502, 395. 96
Repayments on loans:
To banks and trust companies (including receivers) ____ ________ ___ _________________________ $16,672,458.27
To credit unions_______ __ ____ __ __________________
4,468.00
To building and loan associations (including receivers) _______ ________________________________ _ 1,069,446.40
To insurance companies ________________________ _
493,615.88
To joint-stock land banks _______________________ _ 1,538,787.78
To mortgage loan companies ____________________ _ 23,729,722.99
To agricultural credit corpcrations. _____________ _
29,908.46
To railroads _______ . ___ __ _______________________ _ 96, 219, 180. 73
To fishing ind us try ___________ __________________ _
159,954.58
To businPss enterprises _________________________ _ 33,523,644.28
For national defense ____________________________ _
282,401. 71
rro mining, milling, and smelting business ______ _
222,609.40
On assets of closed banks _______________________ _ 1,103,262.32
For self-liquidating projects (par $98,565,417.72) __ 96, 965, 033. 10
For repair or reconstruction of property damaged
by earthquake, etc.:
Under sec. 201-a, act of July 21, 1932, as
amended ______________ __ _______________ ___ _
17, 381. 25
Under act of Apr. 13, 1934, as amended:
Industrial and commercial business _____ _
199,496.16
Other ____ _______________________________ _
165,879.82
For financing the carrying and orderly marketing
of agricultural commodities and livestock produced in the United States __ __ ____ ____ _____ __ __
159,900.00
To drainage, levee, and irrigation districts ______ _ 2,171,577. 56
To public-school authorities _____________________ _
5,500.00
Secured by preferred stock:
Insurance companies.________________________ 3, 619, 129. 63
Banks and trust companies___ ____ ________ ___
1, 280, 436. 15
279,633,794.47
Preferred stock, capital ncte and debenture retirements ____________ _ 49,647,689.63
Sale of securities purchased from Public Works Administration ____ _ 22, 256, 871. 61
Funds of other governmental agencies:
The RFC Mortgage Company _________________________________ _ 10,190,933.79
Disaster Loan Corpcration _____________________________________ _
5,372,495.53
Federal National Mortgage Association ________________________ • 24,244,904.94
Export-Import Bank of \Vashington ____________________ __ __ _____ _ ~2,800,000.00
Commodity Credit Corporation __ ----------- -- ----------- -- ---- 480,206,988.10
Rub ber Reserve Company_ . ______ . _. ____ _. _____________ __ ____ _
2,000,205.05
Metals Reserve Comp::i,ny _____________________________________ _
5,000,000.00
5, 000,321.31
Defense Plant Corporation ____ ---------------------- · _____ ___ _
Defense Rupplirs Corporation .. ______________________ . .. ________ _
1, 000, 000. 00
Defense Homes Corporation ____ . ______________________________ _ 10,000,000.00
Interest and discount collected ___ ___ . ______________________________ _ 38,257,595.24
Dividends collected on preferred stock purchased (including interest
on interim receipts) ____ __________ _. ___________________ ___________ _
9,812,277.65
InterPst collected on capital notes and debentures _________________ . __
3,697,045.83
Commitment fees of the RFC Mortgage Company _______________ ___
788,857.92
1,670.88
Accrued interest on notes sold ____ ------ - --------------------------•
See footnotes at end of report.
$2,210,004.22
60,887.81
2, 279, 892. 03
REPORT OF RECONSTRUCTION FINANCE CORPORATION
73
14.-Statement of cash receipts and expenditures, Jan. 1 to Dec. 31, 1940,
inclusive, (Corporation's accounts with Treasurer of United States)-Con.
TABLE
Receipts-Continued.
Premium on sale of securities purchased from other governmental
agencies __ ____ ____ ___ _-- --- - - -- - - -- - -- - -- -- - - --- --- - - -- ___ __ __ ___
Interest, to <late of purchase, on securities purchased from other governmental agencies _. ______________________________________________
Reimbursable expense collrcte<l . _______ ______ ___ ______ __________ ____
Repayments on advances for care and preservation of collatornL ____
Liquidation of assets acquired through foreclosure and settlements._
Premium on securities sold __ _______________________________________
Remittances held in suspense_____ _______ _________ ___ ____ _______ ____
Unallocated-pending ad vices . ______ _______ ____ ____________________
Miscellaneous (including amounts credited in error)_ ______ _______ __
$3,f>57,933. 19
77. 512. 44
1, 7G7. 887. 43
L, 145, 378. 32
4,529,580.13
6, 450, 2So. 12
62, 433, 294. 25
4, 6S9, 700. 83
2,288, 5-11. 7~
- - - - - - $1. 139,324,162.40
Total _____________________________ ________________________ ______ ______________ ____ 1,141,604,054.13
Expenditures:
Retirement of notes ____________ ------------------------ - --- - -------- 51 , 853,445. 50
Loan disbursements:
To banks and trust companies (including receivers) ___________ ___ __ ____ . ____ ___ ______ __________ $36,136, 743.70
To building and loan associations__ __ __ __________
2, 301, 412. 10
To joint-stock land banks _______ ______________ .__
1,371,389. 29
To mortgage loan companies______ ________ _______ 54,453,016. 15
To railroads_---- - ------------- - ----------------- 121,494,344.10
To business enterprises __________________________ 28, 775,319.35
For nl:ltionfll defense_________ ______ ___ ___ _______ _ 38,707,398.39
To Export-Import Bank of vV,1shinj:!;ton __ _ ____ __ 25,000, 000.00
To mining, milling, and smelting business_______
1, 402, 60\.1. 40
On assets of closed banks _________ __ _____ _______ .
1, 07.1, 817. 42
For self-liquidating projects (par $.JS,516,600) ______ 53, 815. 483. 84
To drainage, levee and irrigation districts_____ ___ 2, 121, ~61. ()8
To public school nuthorites_ __________________ ___
285,675.00
To Sec'!"etary of Ae:rirulturc:
Rural rehabilitation_ __ ____ _________ _____ ____ 2.5, 000. 000. 00
Farm tenants - ------------- - - - -------------- 3,000,000.00
Secured by preferred stock-Banks and trust
companies ________________ ________________ _____ 27,476,800.00
422, 417, 370. 72
Purchases of preferred' stock and debentures, banks and trust companies _____ __ ________ ____ ______ _______ ___ _______ ____ _____________ _ 45,778,405. 00
Purchases of securities from Public Works Administr'.ltion . __ . ______ _ 17,277,116.67
Purchqsrs of stork:
5,000,000.00
Metals Reserve Company __ ------- - ---------------- - ----------_
~ubber Reserve Company __________________________ __________ _
2,000, 000. 00
5,000, 000.00
efense Plant Corporation __ _ __ ------------------- - ------- -- --Defense Supplies Corporation _____ ________________ __ _____ ______ .
1,001),000.00
Withdrawal of functs by other governmental agencies:
The RFC Mortgage Company _______________ __ ________________ _ 10,118,302.96
Disaster Loan Corporation ___ __ ______________ ____________ ______ _
5,444,272.63
Federal National Mortgage Association _____________________ ____ 23, 791, 330. 40
Export-Import Bank of ,vashington ___________________________ _ 19,550,000.00
C'ommo<Uty Crectit Corporation _______ ____ ____________________ _ 438,348,493.13
Metals Reserve Company ____________________ _________________ _
5,000,000.00
Rubber Reserve Company _____________________________ ________ _
125,660.19
Defense Plant Corporation ____________ ___________________ ______ _
4,786,772.89
197,999.75
Defense Homes Corporation_---------------------------------- Withdrawal of cash collateral by borrowers __________ ______ ______ __ _ 36, 713, 000. 00
Allocations:
To Federal Housing Administrator ___ ____________ $5, 640, 306. 25
For expenses, regional agricultural credit corpora402,350.00
tions_____ ____ _______________________ ___ _________
Purchase of stock of Disaster Loan Corporation ___ 2, 000, 000. 00
Administrative expense, regional agricultural
credit corporations____ _____ ___________ __________
700. 00
Advances for care and preservation of collateral, etc ________ _______ _
Advances for care and preservation of securities purchased from
Public "\Vorks Administration ___ ____________________ ___________ __ _
Exp~0:se of ~ervicing securities purchased from Public Works Admm1strat1on ____________ _________ __ _____ _________________________ _
Assets acquired through foreclosure and settlements, including
expenses, advances for care and preservation and refunds . ____ ___
Accrued interest on securities purchased and refunds of interest and
dividend overpayments _____________ _______________ ___ _________ ___
Release of funds held in suspense. __ ______ ______ ______ ________ ___ __ Interest on notes ____________ ___________________ __________________ ___
Other interest ________ _____ ________________________________ _________ _
Furniture and fixtures ______________________ __________________ - _- _- Expense, general ____ _______________ ______________ . ____________ - _- _- Reimbursable expense ________ ______________________________ ____ __- Miscellaneous (including refunds and adjustments for amounts
credited in error) ________ ______________ _________ _________ ______ ___ _
8,043,356. 25
1, 0-17, 618. 46
684,596. 72
218, 211. 53
713,396.4:6
1,425,938.49
10,317,304. 86
8, ,584, 811. 62
337,001.85
117,811.98
9,420,433.22
2,077,368. 22
3,447, 668.02
1,140,837,690.52
Cash balance at the close of business Dec. 31, 1940 __________________________ ___________ _
766,363.91
N0TE.-ln addition to funds on deposit with the Treasurer of the United States, custodian banks and
trustees held in suspense funds which amounted to $779,827.31 at the close of business Dec. 31, 1939, and
$.328,693.75 at the close of business Dec. 31, 1940.
74
REPORT OF RECONSTRUCTION FINANCE CORPORATION
TABLE
15.-Statement of condition as of the close of business Dec. 31, 1940
ASSETS
Cash:
General account ____________________________________________________ _
Expense account_ ___________________________________________________ _
Held by custodian banks and trustees ______________________________ _
Petty and other ____________________________ _________________________ _
$629,445.55
136,918.36
328,693.75
1,403,914.23
$2, 498, 971. 89
U. S. Government securities (par)_______________________________________________________
48, 555, 100. 00
Loans ____________ _____ ___ ________ - ___________ -- ____ - - __ -- ____ - ___________________________ 1, 311, 881, 733. 51
Preferred stock, capital notes, and debentures:
Banks and trust companies ________________________________ ___ ______ _ $526,279,740.27
Insurance company ____ __________ __________ _________________________ _
100,000. 00
Installment sales con tracts __ _____ ___________________________________ _
111. 30
526, 379, 851. 57
Capital stock:
The RFC Mortgage Company ______ ________________________________ _ 25,000,000.00
F ederal National Mortgage Association _____________________________ _ 11,000, 000.00
J'vI etals R eserve Company __________________________________________ _
5,000,000. 00
Rubber Reserve Company ____ ___ ____ _______________________________ _
2,000,000.00
Defense Plant Corporation ___________ ____ _________________________ __ _
5,000,000.00
Defense Supplies Corporation _______________________________________ _
1,000,000.00
49,000,000.00
Securities purchased from Public Works Administration ________________________________ _ 115,699,382.51
Notes and accounts receivable _______ __________________ __________ _______________________ _
730.853. 17
Advances for care and preservation of collateral, etc _____________________ ____ ____________ _
1,073,837.03
Property acquired in foreclosures and settlements (original cost, advances
for care and preservation and expense) _________ __________ ______________ $41,963,756. Oi
Less proceeds ofliquidation and income______ ________________________
16,107,623. 73
25,856, 132. 34
30,593,786.82
Accrued interest and dividends receivable ___ -------------------------------------------Reimbursable expense ___ ___ _______ ___________________ _____ _____________________________ _
l,317,5fi0.94
Furniture and fixtures (less depreciation) _______________________________________________ _
508,696.13
·Other __________________________ _________________________________________________________ _
2,926,803.96
Total ______________________ ________________________________________________________ 2,117,022,699.87
LIA RILITIES
Notes (series N, P, Q, R, and S) _____ ___________________________________________________ _ 1,119,561,250. 00
Liability for funds held:
Cash collateral_________________________________________________________ $328,693.75
For other governmental agencies _______________________________________ 96,341,448.16
96, 670, 141. 91
Rece.ipts not allocated pending advices from fiscal agents ________________________________ _
4,659,700.83
Other liabilities (including suspended credits) ___________________________________________ _
48,984,538.98
Interest paid in advance _____ ___ _____ ________ ________________ - _- - - _- _- ______ __ _____ -- - _- 39,140.00
Interest and dividend refunds payable ______________________ _____ _______________________ _
30,763.74
Accrued interest payable ___________________________________ - --- __ - _________ -- __________ -5, 107, 121. 98
Deferred credits _______________________________________________ _____ __________________ ___ _
27,635,556.55
Capital stock ______________ ____ ____________________ ________ _____________________________ _ 500, 000,000.00
Reserve for losses and contingencies _____ ________________________________________________ _ 125,000,000.00
R eserve f (Jr sc If-insurance ___ _________ ________ ________________ - ___________________ __ - ____ _
250,000.00
Surplus __ _____ _____________________________________ _________ ___________ _________________ _ 189,084,485.88
Total ________ ____________ _______ ________ __ _____ ____ ________________________________ 2,117,022,699.87
MEMORANDUM
Undisbursed authorizations and conditional agreements to make loans, purchase preferred
stock and debentures, etc. (including $503,747.84 agreed participation by third parties) __ 1,475,771,205.74
Undisbursed allocations to other governmental agencies (including advances under 1933
Relief Act) 1 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ·286, 937, 581. 36
U ndisbursed authorizations for advances for care and preservation of collateral, etc_______
296, 458. 77
Total ______________ _______________ _________ ___ _____________________________________ 1,763,005,245.87
In addition the Corporation is required:
Under the provisions of sec. 3 (a) of an act approved June 16, 1934 (Public, No. 362, 73d Cong.), to purchase debentures or other obligations of the Federal Deposit Insurance Corporation, upon its request, up to
bnt not exce.eding $250,000,000. The Corporation has not been called upon to purchase any such obligations.
Under the provisions of sec. 4 of the National Housing Act, to make available such funds as the Federal
Housing Administrator may deem necessary.
Under the provisions of Public, No. 5 of the 75th Cong.,. as amended, March 4, 1939, to purchase
nonassessable capital stock of the Disaster Loan Corporation, upon its request, up to but not exceeding
$40,000,000. The Corporation has purchased such stock to the extent of $24,000,000.
Under the provisions of section 201 (e) of the Emergency Relief and Construction Act of 1932 and section
33 (b) of the Farm Credit Act of 1937, to pay all expenses incurred by the Regional Agricultural Credit
Corporations.
1
Under the provisions of an act approved Feb. 24, 1938 (Public, No. 432, 7,5th Cong.) the Secretary of the
Tr~asury has canceled the Corporation's notes in the amount of $2,728,286,823.03 on account of 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. All evidences of indebtedness with respect to such advances have been delivered to the Secretary
of the Treasury.
This statement of condition does not take into consideration expenditures incurred but not paid by the
-Corporation at the close of business Dec. 31, 1940.
REPORT OF RECONS'l'RUC'l'ION FINANCE CORPORATION
75
FOOTNOTES TO TABLES 1 TO 14, INCLUSIVE
Exclusive of repayments unallocated, pending advices, as of Dec. 31, 1940.
Does not include loans through banks to business enterprises.
Does not include loans through mortgage loan companies to aid closed banks, and to business enterprises.
• Includes $193,618,000 representing refinancing of loans previously made by the Corporation to Federal
nd banks for different individual amounts, but in the same aggregate amount .
s Of this amount, $5,000,000 represents revolving credits established in October 1939 to aid in financing the
:portation of cotton, and $74,290.-16 represents increases by reason of repayments in connection with the
:volving credits. This authorization was eligible under sec. 201 (c) of Emergency Relief and Construction
ct of 1932; and/or under sec. 5d of Reconstruction Finance Corporation Act, as amended; but for statistical
urposes it is being included in authorizations under sec. 201 (c) . The Corporation has agreed to participate
'ith banks under this authorization ; and of the $5,000,000 authorized, $4,.500,000 represents the amount of
1e Corporation's agreement to participate.
s Does not include the following 3 authorizations: An agreement to repurchase, and the right on the part
r the purchasers to resell to the Corporation an interest, amounting to $4,150,000, in a note of a railroad
>ld by the Corporation (this note has been repaid and, therefore, this agreement to repurchase and the right
>resell has been canceled in full); a guaranty of equipment trust certificates of receivers of a railroad in the
rincipal amount of $320,000 sold by the Corporation of which $64,000 has been paid, leavin g $256, 000 out;anding; and a guaranty of a note of a railroad in the amount of $350,000 sold by the Corporation. The
ggreg:ate outstanding amount of the 2 guaranties referred to, therefore, is $606,000.
i Includes $9,063,100.84 representing sales of participations, authorized to banks, etc.; and also includes
2,580,682.38 representing sales of the Corporation's interest in loans, in connection with which the Corpo:1tion authorized agreements to purchase participations in the amount of $2,463,255.55.
s Includes $2~,878 representing purchases of participations which the Corporation later sold to banks,
ritb an agreement to repurchase.
g Does not include $2,487,133.55 representing agreements to purchase participations, in loans and partici1ations sold, as tbis amount is included in loans in the amount of $2,463,255.55 and in purchases of participaions in the amount of $23,878.
10 In addition, $11,493,550.01 was taken by banks, etc., in loans in which tbe Corporation authorized
mrchases of participations, and $38,532,866.86 was taken by banks, etc., in loans in which the Corporation
.uthorized agreements to purchase participations.
11 Includes $130,100 representing sales of participations authorized to banks, etc.
11 Includes $16,920 representing sales of participations authorized to banks, etc.
13 In addition, $172,000 was taken by banks, etc., in loans in which the Corporation authorized purchases of
>articipations, and $1,28G,466.57 was taken by banks, etc., in loans in which the Corporation authorized
tgreements to purchase participations.
14 Includes $17,159,232.30 representing repayments and other reductions by States and political subdivi:ions; and $282,825,766.70 representing cancelation of the Corporation's notes, pursuant to the provisions of
:be act approved Feb. 24, 1938, equivalent to the balance of the amounts disbursed for relief and work relief
mder title I of the Emergency Relief and Construction Act of 1932, as amended.
15 In addition, upon certification by the Federal Emergency Relief Administrator, under the Federal
~mer!!:enry Relief Act of 193~, the Corporation disbursed $499,650,000 for relief, as shown on p. 51 of table 4.
rhe Corporation also disbursed $349,065.72 for expenses necessary to carry out the provisions of the above
1ct, making a total of $499,999,065.72 disbursed .
16 Upon certification by the Federal Emergency Relief Administrator, under the Fed eral Emergency
Relief Act of 1933, the Corporation disbursed $499,650,000 for relief. In addition, the Corporation disbursed
$349,065.72 for expenses necessary to carry out the provisions of the above act, making a total of
H99,999,065.72 disbursed.
17 Exclusive of amounts made available for relief and work rC'lief under the Emergency Relief and Con;truction Act of 1932, as amended. These amounts are shown in table 1, part I.
·
18 The remaining $97,400,000, authorized to the Land Bank Commissioner to make loans to joint-stock
land banks, was canceled.
19 Includes $75,000 representing agreed participations by banks, etc.
20 Of this amount, $2,445,461,056.33 represents cancelation of the Corporation's notes, pursuant to the
provisions of the act approved Feb. 24, 1938, equivalent to the balance of the amount disbursed for allocations to other governmental agencies and for relief by <lirection of Congress and the interest paid thereon;
and $37,000,000 is held by the Corporation in a revolving fund (eapita1 of regional agricultural credit corporations) pursuant to sec. 84 of the Farm Credit Act of 1933, as amended. An additional $2,500,000 of the foregoing revolving fund is held by the U. S. Treasury, such amount having been paid subsequent to the cancelation of the Corporation's notes.
21 These amounts apply to loans authorized prior to Oct. 1, 1940, as well as to loans authorized during the
fourth quarter of 1940.
22 Decrease.
23 Includes $139,862.05 representing sales of participations authorized to banks, etc.
24 Includes $26,000 representing sales of participations authorized to banks, etc.
25 Includes $3,500 representing sales of participations authorized to banks, etc.
26 Authorizations made prior to Oct. 1, 1940, were rescinded during the fourt h quarter of 1940, as follows:
A loan on the assets of a closed bank, $496,000; mortgage loan company, $170,000; business enterprises (except
to aid in national defense), $205,175; an agreement to purchase a participation in a loan to a business enter prise, $9,600; a loan for national defense under the act approved June 25, 1940 (amending sec. 5d of the Reconstruction Finance Corporation Act), $37,000,000; a business enterprise to aid in national defense under
sec. 5d of the Reconstruction Finance Corporation Act, as amended, $13,770; a loan for mining, milling, ?r
smelting of ores, $106,890.60; loans on a self-liquidating project under sec. 201 (a) of the Emergency R ehef
and Construction Act of 1932, as amended, $635,602.94; a loan to a public agency for construction, etc., under
sec. 5d of the Reconstruction Finance Corporation Act, as amended, $3,368,911.24; loans to or for the benefit
of drainage, levee, irrigation, and similar districts, $822,118.72. Such rescissions have not been deducted
rrom the authorizations for the fourth quarter of 1940, inasmuch as they applied to loans authorized during
previous quarters.
27 "Borrowers, etc.", represents applicants to which loans ann othf'r authorizations have been ma?e·
28 Certain authorizations made prior to the fourth quarter of 1940 were completely rescinded durmg the
fourth quarter; and such rescissions have not been deducted from the number of authorizations or_ the nu!Ilber of new borrowers during the fourth quarter, inasmuch as the authorizations were made m a prior
quarter.
29 Not included in the State tot1ls, because the operations of the borrowers, etc., ordinarily are not confined to any one State.
3o Duplications in the number of borrowers have arise-:1 in cases where the Corporation makes authorizations to a bank or trust company under more than one of the classifications under sec. 301 of the act approved
Mar. 9, 1933, as amended.
1
2
3
76
REPORT OF RECONSTRUC'.rION FINANCE CORPORATION
Includes repayments unallocated, pending advices. as of Dec. 31, 1940.
Includes 716 fruit growers located in certain areas in Washington, to whom 960 loans were authorized.
Includes 12 authorizations in connection with refinancing of loans previously made by the Corporation
to F ederal land banks.
34 Of the $299,984,999 disbursed for relief and work relief as shown on p. 49 of table 4, $17,159,232.30 was
repaid to the Corporation by States and political subdivisions. In addition, pursuant to the provisions of
the act approved Feb . 24, 1938, the Corporation 's notes were canceled in the amount of $282,825,766.70,
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.
35 Duplications in the number of banks and trust companies have arisen in cases where the Corporation
has made authorizations to open banks and trust companies, and also has made authorizations to aid in the
reorganization or liquidation of the s'.l.me banks and trust companies.
36 Includes loans to receivers, liquidating agents, and conservators, and loans through mortgage loan companies and through a livestock credit corporntion to Rid in the reorganization or liquidation of closed banks,
under sec. 5 of the Reconstruction Finance Corporation Act, as amended; and loans on tbe assets of closed
banks and trust companies under sec. 5e of the Reconstruction Finance Corporation Act, as amended.
37 Subscription for preferred stock of an insurance company.
as Revised.
39 Includes loans and participations under sec. 5d of the Reconstruction Finance Corporation Act, as
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 mortgage loan companies and
banks under sec. 5 of the Reconstruction Finance Corporation Act, as amended.
40 After eliminating duplications arising in cases where the Corporation also authorized loans or participations to the same business enterprises under sec. 5d of the Reconstruction Finance Corporation Act, as
amended.
41 Duplications in the number of business enterprises have arisen in cases where the Corporations bas made
authorizations to business enterprises to aid in national defensC', and also bas made authorizations to the
same business enterprises other than to aid in national defense.
42 Included in "number of borrowers" under national defense loans under the actapproved June 25, 1940.
43 These amounts are included throughout this report in loans authorized by Reconstruction Finance
Corpe ration under sec. 5d, as amended, inasmuch as in each case the entire amount of the loan is authorized
and disbursed by Reconstruction Finance Corporation. Sale of participation takes place usually at time
of disbursement.
44 These amounts are in addition to participations authorized by Reconstruction Finance Corporation
under sec. 5d, as amended, as shown throughout this report.
45 In addition, banks, etc., were to participate in the amount of $10,724,333.33 in commitments outstanding
at the close of Dec. 31, 1940.
46 Includes $167,500 authorized through banks to business enterprises, of which $52,838.65 was withdrawn
or canceled, and $114,661.35 was disbursed and repaid.
47 Of this amount, $282,825,766.70 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 for relief and
work relief under title I of the Emergency Relief and Construction Act of 1932, as amended.
48 These figures have been adjusted on account of rescissions.
49 After eliminating duplications.
Such duplications arise in cases where the Corporation makes disbursements to a bank or trust company under more than one of the classifications under sec. 304, title III ►
of the act approved Mar. 9, 1933, as amended.
50 Where changes in the status of banks have occurred between the date of authorization and Dec. 31,.
1940 (for example, where a bank bas changed from State to national), such banks are distributed according
to their status on Dec. 31, 1940.
51 In addition, 82 agreements to make loans upon the performance of specified conditions, aggregating
$119,551,969.17, were outstanding at the close of Dec. 31, 1940.
52 Excludes mining loans authorized under sec. 14 of the act approved June 19, 1934, as amended.
53 In addition, agreements to make loans (and participations), upon the performance of specified conditions, were outstanding at the close of Dec. 31, 1940, in the aggregate amount of $130,201,302.50 (including
amount to be taken by participating banks. etc.)
64 Includes amounts reported disbursed as of Dec. 31, 1940, by participating banks, etc., on immediate
and deferred participations. In the case of deferred participations, the entire amount of the loan is ordinarily disbursed by participating bank.
55 Not including subscriptions to preferred stock of export-import banks, which were included in these
totals in previous quarterly reports.
M Does not reflect reinstatements of cancelations, on self-liquidating projects, made during the fourth
quarter of 1940, totaling $635,602.94, inasmuch as they effect cancelations made in previous quarters.
67 On leave of absence without pay.
.
59 Except as herein indicated. attorneys handling legal matters of the various agencies 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.
31
32
33
0
