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QUARTERLY REPORT OF RECONSTRUCTION
FINANCE CORPORATION
QUARTER ENDING JUNE 30, 1937
RECONSTRUCTION FINANCE CORPORATION,
·
Washington, August 30, 1937.
Srn: Pursuant to the provisions of section 15 of the Reconstruction
Finance Corporation Act, as amended, the Reconstruction Finance
Corporation has the honor to submit the following report covering its
operations for the second quarter of 1937, and for the period from the
organization of the Corporation on February 2, 1932, to June 30,
1937, inclusive ..
OPERATIONS-SECOND QUARTER OF 1987
During the second quarter of 1937, the operations of the Corporation were as follows:
Under section 5 of the Reconstruction Finance Corporation Act, as
amended, 61 loans were authorized, which, together with increases in
loans previously approved, aggregated $72,977,755.94, as follows:
$39,494,474.90 to banks and trust companies (including $39,461,974.81
to aid in the reorganization or liquidation of closed banks); $1,522,351.32
to building and loan associations (including $1,325,020.70 to receivers
of closed building and loan associations); $21,867,929.72 to mortgage
loan companies; $10,078,000 to railroads; and $15,000 to a borrower
engaged in the fishing industry. . .
Under section 5d of the Reconstruction Finance Corporation Act, as
amended, the Corporation made 97 authorizations to industrial or
commercial business. These authorizations, together with increases
in authorizations previously made, aggregated $4,824,964.14, as
follows: Loans, $3,874,164.14; purchases of participations, $469,550;
and agreements to purchase participations, $481,250.
Under section 5e of the Reconstruction Finance Corporation Act, as
amended, 13 loans on the assets of closed banks and trust companies,
aggregating $1,769,500, were authorized.
Under the Emergency Relief and Construction Act of 1932, as
amended, two loans were authorized, which, together with an increase ·
in a loan previously approved, aggregated $62,133,928.70, as follows:
Under section 201 (a) (1), title II, one loan, and an increase in a loan
previously approved aggregating $60,000,232.20; and under section
201 (d), title II, one loan in the amount of $2,133,696.50.
Under section 304, title III, of the act approved March 9, 1933, as
amended, the Corporation made 25 authorizations aggregating
$13,009,800, as follows: Subscriptions for preferred stock of banks
and trust companies, $12,788,000; and purchases of capital notes or
debentures of banks, $221,800.
.
Under section 36, title II, of the Emergency Farm Mortgage Act of
1933 as amended, 103 loans to or for the benefit of drainage, levee,
~tion and similar districts, etc., were authorized, which, together
'f,,,,.·itb incr~ases in loans previously approved, aggregated $7,864,433.61.
1
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REPORT OF THE RECONS'l.'RUCTION FINANCE CORPORATION
Under the act approved April 13, 1934, as amended, 10 loans to
finance the repair of damage by earthquake, flood, or other catastrophe, were authorized, which, together with increases in loans
previously approved, aggregated $68,400.
Under section 14 of the act approved June 19, 1934, as amended,
which empowers the Corporation to make mining loans, etc., 11 loans
aggregating $507,000, were authorized.
Under the act approved August 24, 1935, two loans to tax-supported
public-school districts or other similar authorities in charge of public
schools, aggregating $72,000, were authorized.
Under section 3 (a) of the Rural Electrification Act of 1936, a total
of $45,500,000 was authorized, representing increases in a loan
previously approved.
Summarizing the foregoing, 324 authorizat.ions were made during
the second quarter of 1937. These, together with increases in authorizations previously made, aggregated $208,727,782.39. Cancelations
or withdrawals aggregated $23,422,581.63.
Disbursements during the second quarter of 1937 were $65,914,078.33
and repayments, $87,999,688.48. The decrease in the amount outstanding on June 30, 1937, as compared with March 31, 1937, was
$22,085,610.15.
OPERATIONS-FEBRUARY 2 1 1982, TO JUNE SO, 1937, INCLUSIVE
During the entire period from the organization of the Corporation
on February 2, 1932, to June 30, 1937, inclusive, the following were
authorized:
Under section 5 of the Reconstruction Finance Corporation Act, as
amended, 19,489 loans to 9,129 institutions, aggregating $4,549,037,323.53, were authorized, as follows: $2,498,234,458.39 to 7,366 banks
and trust companies (including $1,158,735,829.74 to aid in the reorganization or liquidation of closed banks); $147,243,932.50 to 1,012
building and loan associations (including $25,141,957.84 to receivers
of closed building and loan associations); $103,006,858.28 to 133 insurance companies; $514,562,685.78 to 410 mortgage loan companies;
$642,967.80 to 7 credit unions; $399,636,000 to 12 Federal land banks
(including $193,618,000 representing refinancing of loans :previously
made by the Corporation to Federal land banks for different individual
amounts, but in the same aggregate amount); $24,221,572.68 to 26
joint-stock land banks; $9,250,000 to 8 Federal intermediate credit
banks; $6,120,867.59 to 20 agricultural credit corporations; $178,840,452.48 (rediscourits) to 12 regional agricultural credit corporations
and their branches; $14,758,827.88 to 20 livestock credit <;orporations;
$638,597,795 to 75 railroads (including $18,946,708 to railroad receivers
and $5,719,252 to trustees of railroads); $26,089.27 to 7 processors or
distributors to pay processing taxes; $13,087,715.88 to a State fund
created for the purpose of insuring repayment of deposits of public
moneys; and $807,100 to 20 borrowers engaged in the fishing industry.
Under section 5c of the Reconstruction Finance Corporation Act,
as a.mended, five subscriptions for capital stock of three mortgage loan
companies aggregating $26,750,000, were authorized.
Under section 5d of the Reconstruction Finance Corporation Act,
as amended, 2,415 authorizations to 2,163 industrial or commercial
businesses, aggregating $156,827,506.62, were made as follows: Loans
in the amount of $136,203,333.73 to 1,804 businesses; purchases of
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REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
3
pa.rticipations in the amount of $13,326,929.16 in loans to 244 businesses; and agreements to purchase participations in the amount of
$7,297,243.73 in loans to 115 businesses.
Under section 5e of the Reconstruction Finance Corporation Act,
as amended, 136 loans aggregating $15,195,992.18 on the assets of
135 closed banks and trust companies, were authorized.
Under the Emergency Relief and Construction Act of 1932, as
amended, 818 authorizations to 331 applicants, aggregating $2,070,686,352.85, were made as follows: Under section 1, title 1, $300,000,000
was made available to 42 States and 2 Territories for purposes of relief
and work relief; under section 201 (a), title II, as amended, loans or
contracts aggregating ~399,217,487 .36 were authorized to 176 applicants for self-liquidating projects, and loans aggregating $10,450,232.20
were authorized to 6 applicants for financing the repair or reconstruction of buildings damaged by earthquake, fire, tornado, or cyclone
in 1933; under section 201 (c), title II, loans aggregating $53,370,955.22
were authorized to 3 applicants for the purpose of financing sales in
foreign markets of agricultural surpluses; and under sect.ion 201 (d),
title II, loans aggregating $1,307,647,678.07 were authorized to 102
applicants to aid in financing the carrying and orderly marketing of
agricultural commodities and livestock, produced in the United States
(including authorizations of $1,222,108,664.99 to the Commodity
Credit Corporation).
Under section 304, title III, of the act approved March 9, 1933, as
amended, 8,525 loans on and subscriptions for preferred stock, and
purchases of capital notes or debentures, of 6,825 banks and trust
companies, aggregating $1,283,575,189, were authmized, as follows:
Loans secured by preferred stock of 272 banks and trust companies,
$23,374,755; subscriptions for preferred stock of 4,086 banks and trust
companies, $829,521,634; and purchases of capital notes or debentures
of 2,871 banks and trust companies, $430,678,800.
Under section 5, title I, of the Agricultural Adjustment Act of
1933, as amended, two loarn, to the Secretary of Agriculture to
acquire cotton, aggregating $23,500,000, were authorized. Of this
amount $20,200,000 was canceled.
Under section 1 of the act approved June 10, 1933, as amended,
1 subscription for, and 11 loans on, the preferred stock of 10 insurance companies, aggregating $34,375,000, were authorized, as follows:
Loans secured by preferred stock of nine insurance companies, $34,275,000; and a subscription for preferred stock of one insurance company, $100,000.
Under section 36, title II, of the Emergency Farm Mortgage Act
of 1933, as amended, 881 loans to or for the benefit of 616 drainage,
levee, irrigation, and similar districts, etc., aggregating $136,142,977 .96, were authorized.
Under the act approved April 13, 1934, as amended, 696 loans to
663 borrowers to finance the repair of damage by earthquake, flood,
or other catastrophe, aggregating $5,763,888.75, were authorized.
Under section 14 of the act approved June 19, 1934, as amended,
121 loans to 111 borrowers engaged in the business of mining, milling, or smelting of ores, etc., aggregating $10,787,500, were authorized.
Under section 16 of the act approved June 19, 1934, as amended,
one loan of $22,500,000 for the purpose of payment of teachers' sal.
aries was authorized. , Of this amount $200,000 was canceled.
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REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
Under the act approved August 24, 1935, 26 loans to 26 tax-supported public-school districts or other similar public-school authorities
in charge of public schools, aggregating $2,006,800, were authorized.
Under section 3 (a) of the Rural Electrification Act of 1936, one
loan in the amount of $46,500,000 was authorized.
Summarizing the foregoing, authorizations aggregating $8,383,648,530.89 were made during the period from February 2, 1932, to June
·30, 1937, inclusive. Of this amount, $1,401,771,177.84 was later withdrawn or canceled, and $6,311,195,853.90 was disbursed. Repayments
amounted to $4,277,829,405.94, leaving $2,033,366,447.96 outstanding
on the books of the Corporation at the close of June 30, 1937.
In addition, the Corporation had outstan'ding on June 30, 1937,
agreements to make authorizations, totaling $254,514,715.06, upon
the performance of specified conditions.
PAYMENTS TO THE SECRETARY OF THE TREASURY
Under section 2 of the Reconstruct10n Fmance Corporation Act, as
amended by section 6 (f) of the Federal Home Loan Bank Act, and
pursuant to the request of the Secretary of the Treasury, the Corporation during the second quarter of 1937, paid $507,900 to the Secretary of the Treasury to enable him to make payments upon stock of
Federal Home Loan Banks subscribed for by him. This made a total
of $120,514,000 so paid through June 30, 1937.
PAYMENTS UNDER FEDERAL EMERGENCY RELIEF ACT OF 1983
Under section 2 (a) and section 6 of the Federal Emergency .Relief
Act of 1933, the Corporation during the second quarter of 1937, received refunds from the Federal Emergency: Relief Administrator,
amounting to $50, of expense~ previously paid making a net total of
$349,880.89 s.o paid through June 30, 1937. Upon certification of the
Federal Emergency Relief Administrator, the Corporation, under the
provisions of the act mentioned, had made payments for relief aggregating $499,650,000 through June 30, 1937.
SECURITIES PURCHASED FROM FEDERAL EMERGENCY ADMINISTRATION
OF PUBLIC WORKS
Under the Emergency Appropriation Act, fiscal year 1935, approved June 19, 1934, the Corporation during the second quarter of
1937, agreed to purchase $39,749,800, net face amount of marketable
securities from the Federal Emergency Administration of Public Works
to be held and collected or sold at a later date, .and canceled commitments, made during the first quarter of 1937, to purchase $27,000 face
amount of such securities.
From June 19, 1934, to June 30, 1937, inclusive, the Corporation
purchased from the Federal Emergency Administration of .Public
Works securities having a par value of $498,177,721.47. Of this
amount, securities having a par value of $364,668,259.47 were sold
at a premium of $10,706,050.35 (including securities having a par
·value of $58,773,200 sold to issuers prior to maturity at a premium
of $327,375.74). Securities having a par value of $13,399,222 purchased from the Federal Emergency Administration of Public Works
were subsequently collected at maturity, and securities having par
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REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
5
-value of $120,110,240 were held at the close of business June 30, 1937.
·In addition, the Corporation had agreed to purchase at par, to be held
and collected or sold at a later date, such part of securities having an
aggregate par value of $100,800,000 as the Federal Emergency Administration of Public Works is in a position to deliver from time to time.
PAYMENTS TO THE FEDERAL HOUSING ADMINISTRATOR
Under section 4, title I, of the National Housing Act approved June
27, 1934, the Corporation during the second quarter of 1937, paid
$1,121,074.55 to the Federal Housing Administrator. This made a
total of $51,121,074.55 so paid through June 30, 1937.
DISASTER LOAN CORPORATION
Under the act approved February 11, 1937, as amended, creating a
Disaster Loan Corporation with nonassessable capital stock, and em.;>owering it to make such loans as it may determine to be necessary
>r appropriate because of floods or other catastrophes in the years
1936 or 1937, the Corporation during the second quarter of 1937, sub~ribed and paid for $4,000,000 of the capital stock of Disaster Loan
=::orporation. This made a total of $6,000,000 so subscribed and paid
:or through June 30, 1937.
NOTES OF THE RECONSTRUCTION FINANCE CORPORATION
' During the second quarter of 1937, the Corporation:
Sold $5,000,000 series L-3 note; $5,000,000 series L-4 notes to the
,ecretary of the Treasury; and $5,050,000 series K notes; redeemed
,ts series L-2 note to the extent of $35,000,000; redeemed and can~lled $5,000,000 of its series L-4 notes; and $1,000,000 of its series
H notes.
As of June 30, 1937, there were outstanding $3,860,234,666.67 of'
_:he Corporation's notes, as follows:
3eries
3eries
3eries
3eries
Series
H_______________________________________________
$84,478,000.00
K------------------------~---------------------170,756,666.67
L--L ____________________________________________ 2,640,000,000.00
L--2 _____________________________________________ . 945, 000, 000. 00
L--3--------------------------------------------20,000,000.00
Total ___________________________________________ 3,860,234.666. 67
TABLES
The following tables are attached:
1. Aggregate loan and other authorizations, purchases of securities from
Public Works Administration, and allocations to other governmental agencies,
by classes, from February 2, 1932, to June 30, 1937, inclusive, and commitments outstanding, by classes, as of June 30, 1937.
TABLJC 2. Aggregate loan and other authorizations, by classes, during the second
quarter of 1937.
T.1.sLJC 3. Number of authorizations, and number of new borrowers, etc., to
which authorizations were made, by States, during the second quarter of 1937.
TuLz 4. Number of authorizations and borrowers, to which authorizations
- were made; and amount of authorizationsJ withdrawals or cancelations, and
disbursements from February 2, 1932, to une 30, 1937, inclusive, by States.
TABLJC 5. Loan and other authorizations, by character of loans, etc., from
February 2, 1932, to June 30, 1937, inclusive.
·
TABLE
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REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
TABLE 6. Amount of authorizations, disbursements, repayments, and amount«
outstanding from February 2, 1932, to June 30, 1937, inclusive, by cl.aBseJ! and
months.
TABLE 7. Loans to aid in the reorganization or liquidation of closed banks and
trust companies from February 2, 1932, to June 30, 1937, inclusive, by States
· (includes loans to receivers, liquidating agents, and conservators, and loana
through mortgage loan companies to aid in the reorganization or liquidation of closed banks, under sec. 5 of the Reconstruction Finance Corporation Act, 88
amended; and loans on the assets of closed banks and trust companies under
sec. 5e of the Reconstruction Finance Corporation Act, as amended).
TABLE 8. Loans on and purchases of preferred stock, and purchases of capital
notes or debentures, of banks and trust companies, disbursed from March 9,
1933, to June 30, 1937, inclusive; and outstanding as of June 30, 1937 (under
sec. 304, title III, of the act approved Mar. 9, 1933, as amended).
TABLE 9. Loans authorized (and commitments outstanding as of June 30, 1937) to industrial or commercial business under section 5d of the Reconstruction
Finance Corporation Act, as amended (including purchases of participations, •
and agreements to purchase participations, in loans), by size of loans, from
June 19, 1934, to June 30, 1937, inclusive.
TABLE 10. Loans authorized (and commitments outstanding as of June 30, 1937)
to industrial or commercial business under section 5d of the Reconstruction
Finance Corporation Act, as amended (including purchases of participations,
and agreements to purchase participations, in loans), by industries, from June·
19, 1934, to June 30, 1937, inclusive.
TABLE 11. Loans on self-liquidating projects, by types of project (under sec.
201 (a), title II, of the Emergency Relief and Construction Act of 1932, 88
amended), from February 2, 1932, to June 30, 1937, inclusive.
TABLE 12. Number of borrowers and amounts of loans authorized under section
5 of the Reconstruction Finance Corporation Act, as amended, from February
2, 1932, to June 30, 1937, inclusive, by size of cities or towns.
TABLE 13. Names and compensation of directors, officers, and employees of the·
Reconstruction Finance Corporation receiving from the Corporation more than
$400 per month, as of June 30, 1937.
TABLE 14. Statement of cash receipts and expenditures during the second quarter,
April 1, 1937, to June 30, 1937, inclusive (Corporation's accounts with Treasurer of United States).
TABLE 15. Statement of cash receipts and expenditures during the 6 months,
January 1, 1937, to June 30, 1937, inclusive (Corporation's accounts with
Treasurer of United States).
TABLE 16. Statement of condition as of the close of business, June 30, 1937.
Respectfully,
(Signed) JESSE H. JONES, Chairman.
(Signed) GEORGE R. CooKSEY, Secretary.
The PRESIDENT OF THE SENATE.
The SPEAKER OF THE HousE oF REPRESENTATIVES.
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I .- Aggregate l ,.u:,n n71cl oth er au.tl1oriznt1."ons, pu.rchasclf of securities f rom Publ ic JV"o r ks Administration, and a lloccitions t o o t her g overn11ie r,tal agencie 11, by classes, f ro1r1, Feb . 2 , 1982, to J une SO, 1 997 , incl usive , and co1nrn.it 1n.ents outstanding, by c l asses , a s of J une S O, 1 937
TAflLS
PAR'l' I. LOAN AND OTilER AUTHORIZ A TI ONS
.......
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I
,_,
Authorized
I
Withdrawn or
canceled
I
Disbursed
I
Repaid 1
Outstanding a., of
June 30, 1937
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1 1 - - - - - - - 1 - - - - - - - 1 - - -- - -- 1 - - - -- - Loans uncler sec. 5 of the Reconstruction Finance Corporation Act, as
amended:
Ban.ks and trust companies:
Receivers, liquidating agents, and conservators ______________________ _ $1, 158,735,829. 74
Others •---------- __________________ ___ ___________________ __ __ · _____ __ _ 1, 339, 498, 628. 65
I
2, 498, 234, 458. 39
I
I
Mortgage loan companies:
To aid in the reorganization or liquidation of closed banks _____ ______ _
To industrial or commercial business ________________________ ___ ____ __ _
To The RFC Mortgage Co ___________________________________ • ______ _
Otbers _______________________________________________________________ _
.
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462, 100, 159. 59
I
$826, 128, 332. 721
1, 143, Oil8, 090. 54
$770, 255, 082. 14
1,035,081,471.09
$55, 873, 250. 58
107,926,619.45
1, 969, 136, 423. 26
1, 805, 336, 553. 23
lf>3, 799, 870. 03
Total, mortgage loan companies _____________________ __ ________ : _____ !
Credit unions __ _________ ______ ______ _____ ____ ______________________ _____ __
Federal land banks __-------------------------------- _________ _________ __ _
Joint stock Ian!} banJ,s _______ _______________ _____ __ ________ ____________ __ _
Federal intermediate credit banks __ __ _________________ __________________ _
Agricultural credit corporations _______________________________________ ___ _
Regional agricultural credit ccrporations ___ ______ __________ _________ _____ _
Livestock credit corporations ____________________________________________ _
.
I
Railroads:
Receivers and trustees ________ ___________ __ __ __ _____ ________ ___________ __ _
Others ____________ ___________ ____________ ___________________________ _____ _
147,243,932.50 ll========I
28. 850, 383. 23
117,002,324.54
114,925,979.19
2, 076, 345. 35
89,675,416.42
85, 972, 848. 27
3, i02, 568. 15
100, 523, 521. 25
5,701,835. 15
37,004, 759. 16
225, 956, 384. 20
74, 892, 326. 15
2, 91)2, 295. 13
13,718,521. 62
156,400, 191. 11
25, 0.1 1, 195. 10
2, 709, 540. 02
23, 286, 237. 54
69, 550, 193. 09
==I====
514,562,685. 78 l=====
I
57,646,854.60
369, 186, 49\J. 76
248,009,334.01
121, 177, 165. 75
600,095. 79
387,236.000. 00
17,905, 857.47
9. 250, 000. 00
5, 643, 018. 22
173, 243, 640. 72
13, 101, 598. 69
419, I M . 21
' 373, 478, 525. 8.2
I 5, 329, 854. 82
9, 250, 000. 00
5, 518. M8. 22
173, 243, 640. 72
12, 800, 935. Il
180,931.58
13, 757, 474. 18
2, 570, 002. 65
23,82 1, 169. 00
508, 305, 070. 11
I, 233, 3.16. 00
176,573,030.17
103. 006, 858. 28
I
13, 331, 441. 86
110. 383. 484. 20
I
17. 358. 483. 27
!t m: m: ~
330,038,404.96
642,967.80
' 39\J, 636, 000. 00
24,221,572.68
9, 250, 000. 00
6, 120, 867. 59
178, 840, 45?.. 48
14, 758, 827. 88
24. 665. 960. 00
013, 931, 835. 00
I
!=====!=
______'.~~:~--~~~~~-
1-
29,567,931.48
42,872.01
12, 400, 000. 00
5, 694, 158. 61
------------- -- -- -477,249.37
5,596,811. 76
1,657, 2'.!9. 19
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Building
and ________
Joan associations:
Receivers
________________ ____________ _____________________ ___ _
25,141,957.84
21, 495, 729. 25
2, 283, 574. 66
1, 822, 652. 02
460,922.64
122, 101, 974. 66
114, 718,749.88
113, 103, 327. 17
1,615,422. 7I
7, 354, 653. 98
Others _____ -------- -- · _______ - -- --- --- ------- -- -- - -- ---- ------- ----- -- -
Total, building and loan associations ________________________________ !
Insurance companies _____________________________________________________ _
,,,
8
$26,5, 678, 856. 391
196, 421, 303. 20
1-----1--
Total, banks and trust compnnirs •---------------------------------
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844. 791. 00
105, 548, 764. 89
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125,000.00
----------300,663.58
-- ------22,587, 813.00
331, 732,039.94
Total, railroads _________________________________________________________
------. 79.~
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----, ---- oMR9
---- --- - - 1211,
-- - 239. 11
63R.
097.
106.393
532.
177,806,386.17
354, 319. 852. 94
1
1
, Exclusive or repayments unallocated, pending advices, as of June 30, 1937.
_
1 Includes $167,500 authorized through banks and trust companies to industrial or commercial business, of which $52,838.65 was withdrawn or canceled and $114,601.35 was disbursed
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and repaid.
1
Includes $193,618,000 representing. refinancing of loans previously made by the corporation to Federal land banks for different individual amounts, but in the same aggr~gate
amount.
--;r
1.-Aggregate loan and other authorizations, purchases of securities from Public Works Administration, and allocations to other govern- 00
mental agencies, by classes, from Feb. le, 1932, to June 30, 1937, inclusive, and commitments outstanding, by classes, as of June 30, 1937Continued
TABLE
t:o
Authorized
Withdrawn or
canceled
Disbursed
Repaid
t,:J
I
Outstanding as or
June 30, 1937
"ti
0
>-:3
t:o
$26,089.27
$1 1, 371.21
$14,718. 06
$14,718.06
-- ·-·--------------
Borrowers engagod in the flshin~ industry_----- - ---- -- --------------- - ----- --
13, 087, 715. 88
807,100.00
23,084.70
77,900.00
13, 064, 631. 18
704,075. 00
13, 064, 631. 18
126,403.32
------------------$577,671.68
Total, sec. 5 of the Reconstruction Finance Corporation A.ct, as
amended ___ . ____________________________ _____ ___ ___ ________ ____ _______
4, 549, 037, 323. 53
694, 303, 072. 02
3,697,891,138.22
3, 035, 297, 592. 33
662, 593, 545. 89
Subscriptions for stock of mortgage loan companies under sec. 5c of the Reconstruction
Finance Corporation
Act,
as ________
am ended:
The RFC Mortgage
Co _______ _____
____
_____ ______ _____ ___________
0 thers _______ ___________ __ _____ _________ _______ ______________ ___ ______ ____
25, 000, 000. 00
1, 750, 000. 00
Total, sec. 5c of the Reconstruction Finance Corporation Act, as
amended ___ ___________ _______ ______ ____ ________ _- _____ - - _- - - - - - - - _____
26, 750, 000. 00
Processors, or distributors subject to prOllessing taxes ______ __ ____ _______ _______
State
funds created
for the
of insuring_____
repayment
of deposits
of _____
pub- _
I ic moneys
____________
___ purpose
__________________
_______ _____
__________
Authorizations to industrial or co=ercial business under sec. 5d of the Reconstruction
Finance Corporation
A.ct,__as________
amended
Loans ________________
_________ ______
____: ___________________ _____
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-------------------- -- ------------- ---1, 250, 000. 00 -------------------- -------------------- ------------------0
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I, 250, 000. 00
25, 000, 000. 00
-------------------·
25, 000, 000. 00
42, 504, 464. 96
4, 976, 696. 85
3,470,340. 41
80,597,116.61
7,266. 660.15
150,825. 00
15, 407, 665. 14
2,041,460.86
16,293.39
65, 189, ,51. 47
5, 225, 199. 29
134,531.61
Total,
sec. ___5d___or
"Reconstruction
Finance Corporation
as
amended
___ the
__________
_____ _____ ___________
__ __ ___ _______Act,
____ ____
156, 827, 506. 62
50, 951, 502. 22
88, 014, 601. 76
17,465,419.39
70, 54.9, 182. 37
Loans on the BSSets of closed banks and trust companies under sec. 5e of the
Reconstruction Finance Corporation Act, as amended ____________ ___ ___ ____
15,195,992. 18
665,397. 43
12, 368, 062. 80
11, 162, 308. 37
1, 205, 754. 43
399, 217, 487. 36
30, 688, 243. 14
268, 078, 362. 33
54, 939, 607. 99
213, 138, 754. 34
10, 450, 232. 20
53, 370, 955. 22
1, 034, 596. 78
33,146,368.56
8,529, 108. 10
20, 224, 586. 66
1, 764, 498. 63
20, 177, 690. 67
6, 764, 609. 47
1, 222, 108, 664. 99
85, 539, 013. 08
366, 244, 571. 68
65, 94.7, 617. 85
646, 652, 689. '1
19, 349, 94.6. 03
599, 268, 789. 21
18,-048, 191. 39
666, 002, 635. 44
617,316,980. 60
Tot..!,-· ~01 \d), tit le
•-·» ,,..o.u ..., :_ - ___ '--- -
lL-.---,-,-,-·-·--·--·----,----'--~-.:. ______
a
>-:3
~
C:1
136, 203, 333. 73
13,326,929. 16
7,297,243. 73
tbers __ - - - - - __ - - - - - - -- - - - - - -- - - - -- - - - . --- - - - - - - - - - - -- - - - - - - - - - - - - - - - -
>-:3
~
t,:J
t,:J
25, 000, 000. 00
25, 000, 000. 00
Purchases or participations _________________________________ --- _______ _---Agreements to purchase participations _______ __ ____ _____ __________________
A.uthorlzations under the Emergency Relief and Construction Act of 1932, as
amended:
Loans on self-liquidating projects, sec. 201 (a), title II _____________________
Loans for financing repair ol damage by earthquake, tire, tornado, or
cyclone in 1933, sec. 201 (a) (6), title IL _____ ________ ______ __ ___ _________
Loans for financing exports of agricultural surpluses, sec. 201 (c), title IL __
Loans for financing of agricultural commodities and livestock, sec. 201 (d),
title II:
gQmmodlty Credit Corporation ________ ____ _________ ___ _____ _____ ____
0
b:J
1,307,647,678. 07
432, 192,189.63
.
a
....>-:3
0
z
....b:J
z
~a
t;l
46,895.99
,1. 383, 900. 20
1, 301, 764. M
.a, 68,S, 664. 84a
.
a
0
~
@
~
ij
I
~
lff,001 .00
290, 984. 9W. 00
Tota.I, Emo11ronoY Jl:e.Jleland Conat.ruct.lon .Ao&. of 1032, as amended ____ _
2, 070, 686, 362. 86
<97, 070. 300. 01
l, 262,819, 6111. 63
Q_
~
"O
6, 006, 290. 62
274, MO, 074. 72
186, 946, 488. 02
448, 8ll, 298. 51
152, 988, 511. 98
Total, sec. 304, title III, or the act approved Mar. 9, 1933, 118 amended ___
1,283, 576,· 189. 00
110, 735, 785. 77
1,081, 735,103.23
467, 791, 853. 36
613,943,249.87
23, 500, 000. 00
20, 200, 000. 00
3,300,000. 00
-------------------
6, 400, 069. 45
27, 874, 930. 55
100,000.00
3, 300, 000. 00
12, H3, 439. 38
34, 275, 000. 00
100,000.00
---------------------------------------
34, 275, 000. 00
100,000. 00
Total, sec. 1 of the act approved June 10, 1933, 118 amended ______________
34, 37 5, 000. 00
--------------------
34, 375, 000. 00
6, 400, 069. 45
27,974,930.55
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, 118
amended ________________________ _____ _____ -- -- _- ___ - -________ _--- -- --- --- -.
136, 142, 977. 96
17, 624, 033. 86
73, 489, 088. 67
1,064,837.90
72, 424, 250. 77
1,704,462. 75
4, 059, 426. 00
765,090. 00
1, 269, 097. 53
863,872. 75
2,365,874.47
Total, act approved Apr. 13, 1934, 118 amended _______ ____ ________ _______
5, 763, 888. 75
2, 034, 187. 53
3, 229, 747. 22
Loans to borrowers engaged in the mining, milling, or smelting of ores, under
sec. 14 of the act approved June 19, 1934, as amended ________________ __ ______
10,787,500.00
6, 233, 000. 00
Loan to a public-school authority for payment of teachers' salaries due prior
to June I, 1934, under sec. 16 of the act approved June 19, 1934, 118 amended ..
22, 500, 000. 00
200,000.00
Loan
Rural
Electrification
under____________
the Act approved
20,
1936to
__ ___
___ ___
______________Administration,
______ ___ ____ ________
____ ___May
____ __
__
Grand total, part 1 (loan and other authorizations) __ ___ _________________
--------------------
0
~
0
>,;j
~
A.uthorimtions under sec. 1 of the act approved June 10, 1933,.118 amended:
Loans on preferred stock of insurance companies _____________________ _____
Subscription for preferred stock ofan insurance company ______________ ___
Loans to or for the benefl t of ta.-.:-supported pu blic-scbool districts, or other
similar
public-school
authorities,
in charge of public schools,
the act
approved
Aug. 24, 1935
____________________________ ____________under
______ __ _____ _
~
t':l
18, 148, 730. 00
723, 661, 373. 23
339, 935, 000. 00
0
~
M l, 718,. 066. 64:
6, 126, 025. 00
73,647, 760. 77
32, 002, 000. 00
C"')
~
283. 080, J41. 00
J
23, 374, 755. 00
829, 521, 634. 00
430, 678, 800. 00
Loans to finance the repair of damage by earthquake, flood, or other catastrophe
in 1933, 1934, 1935, and 1936, under the act approved Apr. 13, 1934, 118 amended:
To industrial or commercial business ______________________________________
To others. ___________ __ ____________________________ ______________________ _
0
a. IKK. 868. 00
111,100,636.89
~.!r;d~'::%'r~~~..Jr.=~~~~~~ ~~:'mpan1;,..::::::::::::
Purchases or capital notes or debentures or banks and trust companies ____
Loans
under
sec. 5, title I, or the Agricultural Adjustment
Act
of 1933,
118
amended
___ _________________________________________
__________
_______
_______
(1)
\
300. 000. 000. 00
Autborl&atlona under sec. 304., title m, ot the Act approved Mar. o, 1933, as
a.me.oded:
~:,,-
... , ·: · :. -~
mou.nte mad• asn1UabJe tor re.llol and work roUer, NO. 1. title .1 ___________
~
t_:ij
~
t_:ij
0
0
zw
8
a
774,018.32
1, 229, 733. 86
0
8
1-1
0
1, 225, 995. 04
2,003, 752. 18
>,;j
2, 597, 500. 00
717,694.21
1,879,805. 79
22, 300, 000. 00
22, 300, 000. 00
---- -- --- ---- ----- -
89,854.43
1, 136,140.61
z
1-1
2, 006, 800. 00
46, 500, 000. 00
8, 383, 648, 530. 89
497,800.00
-------------------1,401, 771,177.84
75,920. 47
4, 000, 000. 00
6,311,195,853.90
----- -- ------- ----- ------- ------- ---- -4, 277, 829, 405. 94
z
~
0
t_:ij
0
0
75,920.47
::.:,
"tl
4, 000, 000. 00
2, 033, 366, 44 7. 96
0
::0
>
8
1-1
1
Exclusive of repayments unallocated, pending advices, 118 of June 30, 1937.
~
~
!.-Aggregate loan and other authorizations, purchases of securities from Public Works Administration, and allocations to other governmental agencies, by classes, from Feb. 2, 1932, to June 30, 1937, inclusive, and commitments outstanding, by classes, as of June 30, 1937Continued
TABLE
,-...
0
~
PART II. PURCHASES OF SECU RITIES FROM PUBLIC WORKS ADMINISTRATION
trJ
Amount of pur- Amount withdrawn Amount disbursed
chases authorized
or canceled
(purchased)
Grand total, part IL ____________________________________ __ ________ ___ ________
$557, 378, 855. Gl
$1, 980, 000. 00
$499,271,855.01
Amount repaid
(sold or matured)
0
$379, 161,615.01
$120, 110, 240. 00
0
Amount allocated
Allocations:
Secretary of Agriculture for crop loans _- --- - ------------ -- ---- - -- ___ ____ ______ _____ ________ ____ ____ ____ ____ ______ _________ ___ _____ ___ __
Capital of regional agricultural credit corporations (reallocated from amount originally allocated to Secretary of Agriculture-includes
$29,500,000 held in revolving fund) _____ -- ----------- --------- ----------------- ------------------------- __ _____ ___ ______________ _____ _
Governor o( Farm Crep!t .A,dministration (realJocated from amount originalJy allocated to Secretary of Agriculture) •. __ . _____ •. _.••..••
Total originally allocated to Secretary of Agriculture for crop loans __ ___ ____________________ ____________________________ _____________ _
Regional agricultural cred it corporations for expenses prior to May 27, 1933 ________________________________________ _______________ _____ _
for of
expenses
1933____
__ ---- ------------ --------- - --------------------------------Regional
credit
Secretary agricultural
of the Treasury
to corporations
pay for capital
Federalsince
homeMay
loan26,
banks
_____
__ _________________________
___________ _______________ __
Federal Farm Mortgage Corporation to make loans to farmers (reallocated from $200,000,000 originally allocated to land bank commissioner) _____ . ___________________ ...... _. -. . _-- -- -- ---- -. -- --- --- -- -- --- -- --- -- -- --- -- --- -- -- --- --- - --- --- - -- ---- -- •• -- -- -- ---- -- - -- --Secretary of tbe 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) ___ ___ ________ ____ _
N.
(1)
Q_
~
~
$115, 000, 000. 00
44, 500, 000. 00
40, 500, 000. 00
200, 000, 000. 00
44, 500, 000. 00
40, 500, 000. 00
200, 000, 000. 00
3, 108, 278. 64
12, 211. 652. 92
120, 514, 000. 00
2, 600, 000. 00
145, 000, 000. 00
145, 000, 000. 00
55, 000, 000. 00
200, 000, 000. 00
55, 000, 000. 00
200. 000, 000. 00
51,121, 074.55
97, 000, 000. 00
6, 000, 000. 00
6, 000, 000. 00
Total to other governmental agencies by direction of Congress ___ ______________________________________________________________ _____ _
995,747,853.19
892, 555, 006. 11
For direct relief under Federal Emergency Relief Act of 1933 __________________________________________________________________________ _
For direct relief under Emergency Appropriation Act, fiscal year 1935 ____________ ______ _______________________________________________ _
For direct relief under Emergency Rcli~f Appropriation Act, 1935 _____________________ ________________________________________________ _
500, 000, 000. 00
500, 000, 000. 00
500, 000, 000. 00
1, 500, 000, 000. ()()
• 499, 999, 880. 89
500, 000, 000. 00
500, 000, 000. 00
1, 499, 999, 880. 89
0
~
$Jl5, 000, 000. 00
51,121 , 074. 55
97, 000, 000. 00
gy~~:di!;;,~
oi:to~~fl:,C:,";t~'h~';~~~~~c°il c!:~U:nt stated-is-amount- ctisbursed.- -Ttie·coriioiatio-n isreciufreci to-purchase stoci,upon request of the Disaster Loan Corporation, np to but not exceeding $20,000,000)_ , _______ _________ ______________________________ __ ___ __
CJ
Amount disbursed
3, 108, 278. 64
13, 777, 500. 00
124, 741, 000.00
100, 000, 000. 00
Land bank commissioner to make loans to joint-stook land banks __ ____ --- -- --- ----- - -- ------ - ----- -- ------ - --- --- ---- - -- -- - ------- -- -Land
bank commissioner
to make
to farmers
($200,000,000 original
allocation
reduced
by____
reallocation
to F ederal____
Farm
Mortgage
. . __ . _________
Corporation)
._ . _._loans
. _______
____ ____ _________________
_______
__ __ __ ____
__ __ ____
___ _________________
___________
__.
cg:
Total allocations for direct relief by direction of Congress
Total allocations to other governmental agencies and for direct relief_ _________________________________________________ ______________ _
I nterest on notes issued for funds for allocations and relief advances _______________________________________________________________________ _
Grand total, part Ill (allocations to other j!_Overnmental agencies) ________________________________ ___________________________ ____ ____ _
I
I
2,495,747,853.19
23, 195, 857. 06
2, 518, 043, 710. 25
: 9UJoi certiftcat_ion by the Federal Emergency Relief Ad1ninistrator, under the Federal Emergency Relief Act o( 1933, the corporation disbursed $(99,650,000 tor
880
·
1
~
H
"'1
H
PART III. ALLOCATIONS TO OTHER GOVERNMENTAL A GE N CIES
0
"O
Amount outstanding as of June 30,
1937
Exc,u:i~d~~~li~\~rn~t~td:x~e~?!~1~~';,~S::i~!f~~!,1Jr~1;!if~t~~o~itt~n~~e~~::J>/~~l~;i~!ict°~l~:s~r~~i~~::rf:~i~:i~as8~!~g~se~rs;dbesP runounts are shown
2, 392, 554, 887. 00
21, 536, 205. 82
2, 414. 091, 092. 82
relier, and $349,~
1n pnrt
I above..
::Il
trJ
~
['.!j
0
0
z
[Fl
H
:tl
Cl
0
....H
0
z
"'1
......
z
~
0
trJ
(')
0
~
"O
0
~....
0
z
--r .uu. x: 1. -
r.AH.T !V . COMJ\'f l.TM.EN'J.~s
OUTSTAN D IN G
A S
OF J UNE 30, 1037
IOont..lJtfonoJ agreements to make Joans , or other authorizations, upon the performance or speclflod oondJtlons)
Under soc. l5 ot the R econstruc tio n Finance Corporation A ct, as amended:
Banks and trust companies;
~
~
A mou nt of commit-
m enta outstanding
Reoel ver . ... ____ .............. -- -------- -- --.. - - . ------ . - . -- - -.. - . - . -- -- -- -- -- -- -- . -.. - - . - . -- -- -- -- -- - -- -- -. - - --.. - -- - . -- . ___ __. _. ___ . __. _. _. _____.. _. __ _____
$25, 000. 00
Others •• --- ----------------------------------- -- ---- - ---- -- -- - - - - -- - - - - - - -- - - - -- - - - - - - - - - -- - - - - -- - - - -- - - - - -- - - - - - - . - • - • - -- _- -- • --- • _•• _-- • _-- _. _. _. ---- - -- ---
~~J~rJ~;<':q:::::::::::::::::::: :::::::::.:::::::.::::::.::::: :: ·::::::::::::-:::::::-~----:::::::::::::::::::::-·::::::::::::: ________:_:::::::
Railroads:
Receiver._ ----------------------------- __________________ ._____ ___ _______________ __________________ ___ __________ ________ . _____________ _____ ____ . ___ _____ __ __ _
IO 148, 800. 00
Ii~:~-~
1, 200, 000. 00
Others •• - -- ------ - ------ _______________________________________ • ___ ____ ____ ___________ - ··-- __ __ _________ __• _______ • __ • _______________________ _• _. ________ • ____ 42, 176, 484. 65
Under sec., 5c of the Reconstruction Finance Corporatlo.n Act, as amended (subscription for stock of a mortgage loan company)_.------------------------------------ 10,000, 000. 00
Under sec. 6d of the Reconstruction Finance Corporation Act, Bl amended:
Loans_____________________________ . ________ ---------- , __________ ,------ ------------------- ------------------ ----- --------- -------- ----------------------- -------- 6, 126, 000. 00
Under sec. 201 (d), title II, of the Emergency Relief end Construction Act of 1932, as amended (for financing agricultural commodities and livestock)___ ____ __ __ ____ ___ 5,000,000. 00
Under
sec.secured
304, title III, of the act approved Mer. 9, 1933, es emended:
Loan
by preferred stock of a bank __________ :_.,.,_____ ___ _____ ________ ___ ________ _________ ________ ______________ __ __ ________ _______ __ __ ______ __ __ ____ _____ __
48,000.00
Subscriptions for preferred stock of banks end trust companies.-------------------- ------------------------------------ ---- ----------------------------- --- ------ 32, 149, 750. 00
3, 967, 680. 41
Purchases
of
capital
notes
or
debentures
of
banks
end
trust
companies
.•
•
----------------------------------------------------------------------__
_
Under the Emergency Farm Mortgage Act of 1933, as amended (loan to inigation district) ____________________ ___________________________ __ _________________________ _
20(), 000. 00
Under the act approved Apr. 13, 1934, as amended (loan for repair of property damaged by flood or other catastrophe)_
600,000.00
· Under the act approved May 20, 1936 (to Rural Electrification Administration) _____________________________________________________________________________________ _ 3, 500,
000. 00
Under the Emergency Appropriation Act, fiscal year 1935 (purchase of secmities Crom Public Works Administration).----------------------------------------------- 44, 673, 000. 00
Grand total, part IV (commitments outstanding aa·of lune 301 1~7) •• ___ __c ________________________________________________ : ____________________ ______________ 254,514, 715. 06
SUMMARY OF TABLE 1
Amountofauthori~tions,
withdrawn! Amount disbursed
t10ns, andallocacom- JAmount
or canceled
mitments outstanding
0
cg:N.
(1)
Q_
~
CJ
0
~
~
I Amount repaid~
1937
I
Part I. Loan and other authorizations •• ------------------- •------------------ $8, 383, 648, 530. 89 $1,401,771.177. 84
$6. 311. 195. 853. 90
$4. 277. 829,405.94
Part II. Purchases of securities from Public Works Administration____________
557,378; 855. 01
1,980,000. 00 1
499,271,855. 01
379,161,615.01
Part III. Allocations to other governmental agencies."·----------------------2,518,943, 710. 25
• 2,414,091,092.82 ------------------- -- --1--- - - - - 1 - - -- Total. ______________________________________________________ ____________ 1-----, 11,459,971,096.--1--15
1,100,751,177.841
9,224, 558, 801. 731
4,656,991,020. 95
Part IV. Commitments outstanding__________________________________________
254,614,716.06
------------ --- ------ ----------- --------------------
1-------1-------1------11, 400, 751, 177. 84 I 9, m, 558, 801. 13 I 4, 656, 991, 020. 95
Orand totaL----------------------------s-------------------------------1 11,714,485, Sil. 21
1 Exclusive of repayments unallocated, pending advices, as of June 30, 1937.
• Includes $29,500,000 allocated for revo,ving fund (capital of regional agricultunl credit corporations).
Amount outstanding as of June 30,
~
0
~
8
II:
t_:::j
~
t_:::j
0
~
r:J2
8
~
0
0
8
0
....
z
....~
z
>
z
0
t_:::j
0
$2, 003, 366, 44 7. 96
120, llO, 240. 00
• 2, 414,091 , 092.82
4, 567, 567, 780. 78
----- -------------4, 567, 567, 780. 78
0
~
"d
0
~
>
8
0
....
z
-
TABLE
.....
2.-Aggregate loan and other authorizations, by classes, during the second quarter of 1937
Class
Withdrawn or
canceled 1
Authorized
Disbursed
I:..:)
Repaid
1
Outstanding·
decrease !or the
quarter 1
11
~
t?'j
"Cl
0
~
Loans under sec. 5 of the Reconstruction Finance Corporation Act, as amended:
Banks and trust companies:(including receivers, liquidating agents and conservators). • $39. 494,474.90
$6,865,970.18
$1,993,292.34
Building and loan associations (including receivers).................................
1,522,351. 32
32,850.00
443,144.52
Insurance companies...................... . . ... . .................................... ••.• ••••...... .... . ............ . .... .......... ...•....
Mortgage loan companies..... .......................................... . ...........
21,867,929. 72
2,025,992. 76
8,520,258.14
Credit unions......................................... . ... . ......................... • ••. .•• ..• .. •• . ••. . . • .. . .. .. . .. ... .. . . . . .. ... .. .......
Federal land banks.......................... . .................. . ........ . .......... .........•.•...•.. .. ....... ...... . .. ..•....•..........
10,078,000.00 .........•.•......
15,000.00 ...........•..•...
15,000,000.00
50,000.00
1,047, 369.50
10,040.01
$13, 385, 465. 82
13,202.92
159,935.05
4,833,831.54
45,020.00
709,959.31
• 616, 053. 37
• 80,727.28
19,171.23
• 13, 952, 630. 50
• 39,959.99
72,977,755.94
26,952,319.61
31,429.534. 34
4, 477, 214. 73
i'.'i~t~rr:aiai~d~f~porations=::::::::::::::::::::::::::::::::::::::::::::::::::::
:::::::::::::::::: ........~~'.~~~~.
Livestock credit corporations ....................•........•.....••........•.....
0 •••
••••••••••••••••••
Railroads (including receivers and trustees)..... . ......... .......... ............... .
Borrowers engaged in the fishing industry .•••.•••••.••.•••............••..•. '.......
Total, sec. 5 of the Reconstruction Finance Corpofation Act, as amended ••••.. . . .
0
(1)
Q_
~
CJ
0
~
~
Total, sec. 5d of the Reconstruction Finance Corporation Act, as amended ..•..•..
Authorizations on the assets of closed bank/; and trust companies under sec. 5e ol the
Reconstruction Finance Corporation Act, as amended •.••.....•••••...•.......••..•..
••••• •• •••••••••••
9,011,271.16
I
5,379,541.321
122,125.00
405,070.20
8, 981, 658. 20
321,899.94
118,425.00
~
t?'j
:
0
0
z
8
• 6, 967, 693. 30
~
~
0
9,421,983. 14
4, 824, 964. 14 I
5, 906, 736. 52
2, 248, 282. 09
• 7, 173,701.05
l = = = = == F = = = = =I l = = = = = l = = = = = = F = = = = =
0
1- - - - - - 1 1 - - - - - 1. 769, 500. oo
I
Fi~:~~in"i 01·a:g;:fouitiirai commodiiies·aud·ii~est<icici sec: 20iccti ;·iitieff=========:: j
6g; m
:~: :
Amounts made available !or relief and work relief, sec. 1, title I. . . ............ . ... ...... .
112,774.84
I
53,681.09
104,026.52
I
2. 792. 500. oo
9, 000. 00
I
50,345.43
I
260,727.84
32, 499, 892. 20
6, 148, 070. 00
13, 556. 936. 28
261, 236. 01
• 13, 296, 208. 44
32, 238, 656. 19
6, 148, 070. 00
62, 133, 928. 70
13, 818, 172. 29
2, 801, 500. 00
38, 908, 690. 04
25. 090, 517. 75
i======l======l== = = = = t [ = = = = =,I======
Authorizations under sec. 304, t itle III, ol the act approved Mar . 9, 1933, as amended:
Loans on preferred stock of banks and t rust companies..•..•.•.•...••..•• ••••..•..•. . . . . . .... . . . . . . ... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Subscriptions !or preferred stock ol banks and t rust companies... . ........ . . . .......
12,788,000. 00
150, 000.00
6,378, 000. 00
P urchases of capital notes or debentures of banks and trust companies.. . . ... . ...... 1
221,800. 00 1••. •••...• •..•• • •. 1
55,000.00
Total, sec. 304, title Ill, ol the act approved Mar. 9, 1933, as amended ••• •• ••••....
':::J
{fl
I
2, 013, 964. 90
226,487.35
7,829.84
8
0
• 95,412.59
• 110,595. 16
Authorizations under the Emergency .Relief and Construction Act ol 1932, as amended: l======I
Self•liquidating projects, sec. 201 (a), title II (including loan.s for financing repair or
reconstruction of buildings damaged by earthquake, fire, tornado, or cyclone in
Total, Emergency Relief and Construction Act ol 1932, as amended ..•...•....••. .
~: ~~: ~ .......~~'.~~'.~~.
19,171.23
••••••••••••••••••
Authorizations to industrial or co=ercial business under sec. 'lid of the Reconstruction !=======I
Finance Corporation Act, as amended:
Loans .....••....•..........•....•..•......•••••••.•••••.•••.•• •••·••·••• • ••·••····· ·
3,874, 164. 141
Purchases of participations ... . ...•..•..••.• ••••.•.• • ••••... •.••••.•.••.••.•.• ..•...
469,550.00
481,250.00
Agreements to purchase participations.••••...••. .•....•..•••........••..... •• ••• •..
cg:N.
$15,378,758. 16
456,347.44
159,935.05
13,354,089.68
45, 020. 00
709,959.31
I
13,009, 800. 00
I
150,000.00
I
6,433,000.00
j
8
,...
z
':::J
,...
z
~
0
t?'j
0
0
~
"Cl
436,817.85
3, 590, 000. 82
10, 367. 08.~. 71
436,817. 85
' 2, 787, 909. 18
10, 312, 085. 71
0
14,393, 90-1. 38
7,960.904. 38
~
~
~
~~~. ~':=e~d~O<'k of toauranoo oompenlea under HO. 1_ ot !.be act approved iune I................. J................ J. · ··············
Loans to or for lhe beoent of drofoage lo,,ee, lnfgatfoo, and slrnUar dlslrlcta under sec.
36, tflle II, of the Emergency Farm Mortgage Act of 19.'13, as amended •• ••. • ••.. • •• •. •
Loon~ to finance the repllir of damage by earthquake, flood, or other catastrophe In 1933,
1034, 1035, and 1036, under the act approved Apr. 13, 1034, aa amended ••• ••• •• ••••. . . •
Loons to borrowers engaged in the mining milling, or smelting of ores, under sec. 14 of
the act approved Juno 19, 1034, as a.mended •.... . . . ..... . . .•...... ... •.•. ... . ..•• ••• •.
Loans to or for the benefit or tax•supported publin•school districts or other similar public•
school authorities In charge of public schools under the act Tpproved Aug, 24, 1935. ...
Loan to the Rural Electri!lcatlon Administration under the act approved May 20, 1936.
Grand total........................ .................. . . . ......... .................
380,441. 95
380,441.06
7, 864, 433. 61
1, 584, 370. 26
5,091,022. 20
373, 090. 00
• 4, 717, 932. 20
68,400.00
00,428.86
198,400. 00
81, 719. 16
• 116,680.84
ti07,000.00
3, 076, 000. 00
521,000.00
80,000.00
• 441, 000. 00
~
• 22, /iOO.OO
0
I
20,500. 00
72,000.00
45,500,000.00 .•.• •... . .• .. . . ..•
• 208, 727, 782. 39
23, 422, 681. 63
I
22,500.00
3,402, 000.00
==
=====~===
87, m, 688. 48 I
• 65, 914, 078. 33
• 3, 402, 000. 00
22, 085, 610. 16
ij
0
~
~
1,%.l
These amounts apply to loans authorized prior to Apr. 1, lll37, as well as to loans authorized during the second quarter of 1037.
• Exclusive or repayments unallocated, pending advices, as or June 30, 1937.
quarter of 1937, Joans aggre·
• Loans authorized to banks and trust companies include $3Q,461,974.81 to aid in the reorganization or liqulclation or closed banks. During the secondbnnks.
These amounts have
gating $500,000 were transferred from "open" banks to "closed" banks and a loan in tlje amount or $3,500 was transferred from " closed" banks to "open"
not been deducted from nor added to the amount authorized to aid in the reorganization or liquidation of closed banks during the second quarter ol 1937, inasmuch ns they were
authorized during previous quarters.
4 Increase.
in the reorganization or
• Authori,.ations made prior to Apr. I, 1037, were rescinded during the second quarter ol 1937, as lollowg: Rank s and trust companies, $3,713,551.89 to aid
14; agreements to purchase
liquidation ol closed banks; a building and loan association, $!i76,IOO; mortgage loan companies, $8,164,0S.1.00; industrial or commercial business, $1 53,789.
or drainage, levee,
benefit
the
for
or
to
loans
$2.133,690.50;
livestock,
participations ir, loans to industrial or commercial business, $75,200; financing or agricultural commodities and
loans to borrowers
irrigation, and similar districts, $2,012,188.00; a loan to finance the repair of damage by earthquake, flood, or other catl\strophe in 19~3, 1934, 193i\, anrl 1936, $1,500;
in charge of
Ruthorities
public-school
similar
other
or
districts
enga~ed in the mining, milling, or smelting or ores, $320,000; loans to or for the benefit or tax•supported public•school
publtc schools, $72,000. Such rescissions have not been deducted from the authorizations shown above for the second quarter ol 1937, inasmuch as they appliecl to loans authorized
during previous quarters.
1 Under the Federal Emergency Relief Act of 1933, the corporation, during the second quarter ol 1037, received reluncl ol expenses pre,·iously dislmrsed to the Federal Emergency
Relief Administrator, amounting to $50.
t
~
0
z
Ul
1-3
~
....
z
....l,tj
0
8
0
~
~
0
Cl
cg:
;:;·
~
~
C"'J
0
-
~
(v
1,%.l
0
0
~
"'
0
~
....~
@
~
~
14
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
3.-Number of authorizations, and number of new borrowers, etc., to which
authorizations were made, by States, during the second quarter of 1937 1
TABLE
GRAND TOTAL
State
Number Number
of author- of new
izations borrowers
Alabama _____ _____ ___ _____ ___
1
I
Ari
zona ____
--- -----Arkansas
________
____ -__--__-----____ _
5
13
21
2
5
5
4
I
California ______ ___ _____ _____ _
Colorado ____ ------- __ --- ---- _
Connecticut ___ ____ ___ _______ _
Florida ____ __ _________ - --- -- -__________ ---______
-- -- - ---Georgia
Idaho
______________
___ _
Illinois ___ _____ ______________ _
Indiana
_____ ----------------Iowa ________________
_____ ___ _
Kansas _________ --- __ --- -- -- --
E
i~~~~~r-:::::::::::::::::::
Maryland __________ ____ _____ _
M assachusetts _______________ _
Michigan ____________________ _
Minnesota ___ ____________ - _-- -
~i~ii~r:
.i:::::::::::::::::::
Montana >_________
__ _________ _
Nebraska _________ ______ _____ _
Nevada _______ ______________ _
New Jersey _____ ____________ _
New York ___ ________________ _
North Carolina __ ____________ _
2
7
6
9
26
8
1
3
I
7
3
2
5
2
I
9
4
I
3
3
I
2
II
I
17
2
23
II
5
20
2
9
20
2
2
19
I
JO
I
8
3
I
Number Number
of author- of new
lzations borrQwers
State
North Dakota _______________ _
Ohio _________ _____ __________ _
Oregon ___________________ __ __
Pennsylvania __ ____ _______ __ _
South Carolina ____ __________ _
South Dakota ____ ___________ _
Tennessee ___________________ _
____________
--- --------- -------_
Texas
Utah ___
______
______
Virginia __ _____ ______________ _
Washington ________ _________ _
Wisconsin _____________ ___ ___ _
Wyoming ____ ___________ ___ __
Alaska ______________________ _
Puerto Rico _________________ _
1
12
12
24
2
I
1
16
I
2
9
3
3
2
2
T ota!_ ___ - - -- -------- --
319
Authorizations:
Loans to The RFC Mortgage Co.•--------------Loans to railroads ' -_____ _
Loan to Commodity
Cred it Corporation •---Grand total_ ________ _
2
2
-
I
6
•
13
I
I
---------- 2
6
22
l
2
HS
.
I
1
ug l
324
TOTAL, SEC. 5 OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS
AMENDED
Arkansas ___________ _________ _
Connecticut ______ -----------_
Georgia ______ _____ __________ _
Illinois ______________________ _
Indiana _____ ___ ______ ____ __ __
Kansas ______________________ _
Kentucky ____ _______ _____ ___ _
Louisiana ___________ __ ______ _
Maryland __ ___ ___ ___ _____ ____
Michigan _____ __ ___________ __
Minnesota
____ --------------Missouri. ______
____________ __
Nevada _____ __ ______________ _
New Jersey _____ _______ _____ _
New York ________________ ____
Ohio _____ ___ _____________ ___ _
2
I
I
6
3
2
2
I
3
I
6
I
6
I
3
3
5
BANKS AND TRUST Cc>MPANIES (INCLUDING
Pennsylvania ______ _____ ____ _
South Carolina _____ ______ ___ _
Tennessee _______ , ____ ___ --- __
Texas ________ ____ _____ ___ __ __
Virginia _____ ___ _____ ________ _
Washington __ ____________ ___ _
Wyoming __ __ _______________ _
Puerto Rico ________________ __
4
1
1 ----- -- --- •
1
1
I
~
•
2
1- - --
TotaL _____ __ __-- __ _-- _
Loans to The RFC Mortgage
Co.•--- ----------- ---------Loans to railroads •-- - --- - ---Grand total_ ___ __ _____ _
57
2
2
61
RECEIVERS, LIQUIDATING A GENTS AND CONSERVA TORS) ,
[Under sec_5 of the Reconstruction Finance Corporation Act, as amended]
Arkansas ____________________ _
Connecticut _____ ___ ___ _____ __
Illinois _____ ______ ---- --- --- __
Indiana ________ ---------- ___ _
Kansas _______ ____________ ___ _
~~~~;~t:::::::::::::::::::
Maryland ___ ______ __ ________ _
Michigan __ ______ ___ ________ _
Minnesota ___ _______ _____ ____
2
I
16
3
2
I
2
I
5
1
2
M issouri_ __ ________ _________ _
New Jersey _____ __ ____ _______ _
New York ___________________ _
Ohio ___________ ____ _______ __ _
Pennsylvania ___ _______ ___ __ _
South Carolina _______ ___ ____ _
Tennessee ______ __________ ___ _
Puerto Rico _____ ____ __ ______ _
TotaL _________ _____ __ _
See footnotes at end of table.
Digitized by
Google
6
I,
2
3
4
a4
I
~
47
--- -
2
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
15
3.-Number of authoriiatiom, and number of new borrower3, etc., to whiclt
authoriiatiom were made, by State3, during the 3econd quarter of 1937-Con.
TABLE
BUII.DINO £ND LoAM ABSoaA.TIONS
[Under sec. 5 of the Beoonstructlon Finance Corporation Act, as amended)
Number Number
of author• of new
lzations borrowers
State
Number Number
of author· of new
lzations borrowers
State
Louisiana•••••••••••.••••••••
Wyoming ••••.•.•.•••••••••••
Washington •••••••••••••••••.
Total· •••••••••••••••.•
Ohio ___ •.••••••••.•...•••.•..
4
MORTGAGE LoAN COKPANIBS
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
Michigan.....................
"evada .•••••••••••.•••••• · ••
:'-lew 1ers&Y------··
Texas........................
Virginia......................
Total...................
1
•1
•1
1
•1
Loans to The RFC Mortgage
Co.I, ······--·-··········
Grand totaL.'..........
1
2 ·······-·
------1
2
1-----1---2
6
BOllBOWU ENGAGED IN TJIK FISHING INDVBTBY
[Under sec. aof the Reconstruction J'lnanee Corporation Act, as amended)
- Georgia•••••••••••••••••••••••••••••••••••••••••••••••••••••••• - ••••••••.
···········I
1
1·········
TOTAL, SEC. 6D OF THE RECONBl~ifJbii FINANCE CORPORATION ACT, AB
[Direct loans to indll!trial or commercial business, Including participations]
Alabama •••••••••••••••••••••
Arkansas .••••••••••••••••••••
California ••.•••••.•••.•••••••
Colorado ••••••.•••••••••••.•.
Connecticut ••••••••••••••••••
Florida ••••••.•.••••••••••••••
Georgia••••••••••••••••••••.•.
Idaho .•..••••.•••••••••••• ••·
Illinois •..•.•.•.•••••••••••.••
Indiana .••••••••••••.•••.•••.
Iowa ..• ; ••.•••••••••••••••••
:\J aryland. _..•••••••.•.•••••.
:\! assachuset ts .••••.•••••..•••
.:.1 ichigan•..•••••••.•....•.•••
1
1
2
1
1
3
4
1
7
4
1
2
2
4
1
1
2
1
3
2
6
3
1
1
2
4
Minnesota .•• - •••••.•.•.••••
Missouri. •.•••••••••.•.••••••
Montana •...••.••..•..•.••••.
New Jersey ..••.•.••.•••••••••
New York ......•.•••...•••.••
North Carolina.••.•.••.••.••.
Ohio .•••••..••••.......•.•.••
Oregon ..•...•..••..••..••.••.
Pennsylvania •••••..••.•...•.•
South Carolina ...••••.•.••...
Washington .•••.•••••••••••••
Wisejnsin .......•...•.••.••..
1
2
2
6
11
1
7
5
17
l
7
3
1
1
1
2
5
1
6
4
11
1
5
2
------Total. .••••...•.••••••••
97
67
LOANS TO INDUSTRIAL OB COKKEBCL!.L BUSINESS
[Under sec. 5d of the Reconstruction Finance Corporation Act. as amended)
-~ rkansas ..••••••••••..•••••••
California •..••••••••••.••••.•
Connecticut ••••••••.•••••••••
Florida •..••••••.•....••.•••••
r;eorgia _____ ______ .. -- - - . _. - - - l daho .••••••••••••.••••••••••
Illinois •••••.•••••••••••••••.•
Indiana ••••••••••••••••••.••.
Io ..-a_ ••..••••••••••••••••.•..
'.!aryland_ ....•••••••••••.•••
'.! as.sachusetts ••••••••••••••.•
:.1 ichigan •••_•••••••••••••••••
1
1
1
2
4
2
2
1
6
13
1
2
2
4
5
2
1
1
2
4
Missouri .••••.•. -·· .•...••.•.
New Jersey ..•.•..•• ·-········
New York·-··················
North Carolina .• _.•.•... -••••
Ohio_ •••.••.•••••.•..•••••••.
Oregon.··-- .•••••.•.••••.....
Pennsylvania •••• ·-···········
Washington ••••••••••••••••••
Wisconsin ••••••...•••••••.•••
Total •••••••••••••••••••
1
6
2
11
1
4
5
1
3
14
8
5
2
4
1
74
47
2
See footnotes at end of table.
14581-87--3
Digitized by
Google
2
16
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
3.-Number of authorization&, and number of new borrowers, etc., to which
authorizations were made, by States, during the second quarter of 1997-Con.
TABLE
PURCHASES OF PARTICIPATIONS IN LOANS TO INDUSTRIAL OB COKKEBCIAL BUSINESS
[Under sec. 5d of the Reconstruction Finance Corporation Act, as amended]
Number Number
of author• of ne:iv
izations borrowers
State
Number Number
of author• of new
izations borrowers
State
____,, ___________ ---- ----
Alabama ••••••.•.•...••••••••
Colorado •...••.••.....•...•.•
Florida ..•••••••.•......••...•
Illinois •••••.•••••••..••••.•••
Indiana ..••..•••.•.•...•.••.•
Montana•••••••••.•.•...•.•••
Ohio ...••••••...•...•.•.•.•..
Oregon .•••.••.•.•...•..••.•..
Pennsylvania .••••••••...•....
Washington .....•••••.•.•...•
3
2
1
1
~l~<;:;e~·:::::::::::::::::::
Total •••••••••••.•.•••••
17
15
AGREEMENTS
TO PURCHASE PARTICIPATIONS IN LOANS TO INDUSTRIAL OB
~ ·········s
COMKEBCIAL
2
2
BUSINBBB
[Under sec. lid of the Reconstruction Finance Corporation Act, as amended]
California ••••••••••.•••......
Montana••.••••.•••.••••.••..
Ohio ..••......••••••••••••••.
Pennsylvania ••.••...•.••••••.
South Carolina•••••...••••••.
W!19hln11ton •...••••.•••••.•••
W1Soonsm ..•..•.••••••..•••••
11
1
Total ••..•••.•.•.•••••..
6
I
(')
TOTAL, SEO. 6El OF THE RECONB'i\Pig:riii FINANCE CORPORATION ACT, AB
. [Loans on the assets of closed banks and trust companies}
1
1
7
Florida ••••••••••.•.•••.•••••.
Kansas ..•.••••••.....••••••..
Michigan ..•.••••••.........•.
Nebraska•••.•••••••••.•••••••
2
II
•1
North Dakota••...•••••.••.••
South Dakota •.••••••••••••••
7
72
Total •••••••••.•••••....
13
13
f.==
TOTAL, EMERGENCY RELIEF AND CONSTRUCTION ACT OF 1932, AB AMENDED
l
1···•···•·· 11 Loan
to Commodity
Credit
Corporation
•..........
••• •• I
Callfornia •.•••••••••••••••••• - - 1
Total...................
1 ••••••••••
Grand total. • • ••• •• •• • •
1 .••..•••••
--2 •••.•.•.••
LOAN ON A 8ELF·LIQUIDATING PBOIECT
[Under sec. 201 (a), title II, of the Emergency Relief and Construction Act of 1932, as amended]
Califomla ••••••••••••••.•••••
1
1
1··········11
LOAN FOB FINANCING OF AGRICULTURAL COMKODITIEB
[Under sec. 201 (d), title II, of the Emergency Relief and Construction Act of 1932]
Loan to Commodity credit
Corporation •••••..•••.•••••
I
I 1.......... 11
Bee footnotes at end of table.
Digitiz~d by
Google
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
17
3.-Number of authorizatiom, and number of new borrowers, etc., to which
authorization, were made, by State&, during the second quarter of 1937-Con.
TABLE
TOTAL, ACT APPROVED MAR. 9, 1933, AS AMENDED
(Subscriptions for preferred stock, and purchssee of capital notes or debentures, of banks and trust
companies]
of
Nwnbetof Number
bor•
Less du•
authorlza· new
rowerspllcatlons
tions
Total
State
Illinois____ - -·- ---· --• -- • • -- -· -- • - •••• - -·- - • • • - • -- -- -•••
l
l
5
16
5
Jodiana_ ••• --• - -• -- --·--··-· - -• -· ··-·---- •••••• -- -- ---•
\/ebruta ____ •• ·-----·· •• -· --•••••• ·-·---•• -•••• -••••• · New York_····-·-··-·-···--······ ··-····-·-·•---·- '· ·Pennsylvania. _. __· -_-· .• ____ .• __ •••••••• . _•• _--·. -• - •.
1
16
- Teua •••••••••• ·-··-··················-····· ······- -···
1
1
1
Total .••• ·--······· •••••••• ••••••••••••••• -••••••
25
25
8UB9Cllll'TION8 J'OB PBBnBBBD STOCK
l
l
or
Netnum•
ber of new
borrowers
-------·---1
-----------16 ---·--·----6
--·····----1
-----------1
-----------1
•
21
BANJUi AND TRUST COIU'ANIU
[Under the 8('t approved Mar. 9, 1933, es amended)
Number
ofau•
tborlzations
Stata
minois. - • · ···-··--··-········
Indiana .•• · ···--- -···-······-
. Xew York.--.-----··-······· PellDS}'lvanla._ ••• --··- -··-·-·
PURCIUBIIS
or
Number
of new
bor•
rowen
Number Number
of·au•
of new
thoriza•
bor·
tions
rowers
State
1
l
1
1
Tems. _.• ·--·· --·-··· -· ___ -··
5
5
TotaL-. -- --··- -······-
1
1
CAPITAL NOTBS OR DEBENTURES
or
BANKS AND
l
1
9
9
TBUST COKPANIJIS
[Under the act approved Mar. 9, 1933, as amended]
~Nebruka.. •••••••••••••••••
·-·1
- TOTAL, SEC . 38, TITLE II, OF THE EMERGENCY FARM MORTGAGE ACT OF 1933, AS
AMENDED
(Loenli to drainage, levee, Irrigation, and almllar districts, etc.]
-'rbnsas. ·- ••• •·-··· •••••••••
C•!ifomia. _··-···············
I
'8
•2
'3
3
1
I
2
·· cu!orado._ •••••••••••••••••..
17
3
fluricla .• -.••••••••••••••••• __
· Msho ••• ••••• ··-·· •• ··- ···- .•
Illinois .•••••• ··-·-··-··-·-· .•
11 8
1112
~l:~~fPL--········-·-· ·-··
'16
'3
lnui~iAno. .. __---------- - ----· -
II
18
1'4
"3
•1
•1
Montana·---·····-·····-···· ·
N ebreska. ·-•. _-. -· ••• •.- _. __ . _
Oregon.-· . ···--·-··--····--·Texas. _. _··-··· ·--··· ··-·-·-Utah . . . --··- - ••• ······- •• --·Wesblngton_. __ ···- ·--··-····
Wyoming._ •• ··--·-···--··-··
1• 3
Total. •• -·-·--··--····- •
II 2
II 2
14
•1
1
•1
2
'l
103
19
17
TOTAL, ACT APPROVED APR. 13, l!IU, AS AMENDED
JLoen., to flDanoe the repair or damage by eartbQ.uake, llood, or other catastrophe In 1933, 1934, 1935, and 1936]
1551.SSlPPl-- - · - _ ·-- -- _. -- _ -~rva
....-·-··-·····-····-··1
7l
--······--1
7
Pennsylvanla--·--·-·· ··-·····H2 - - '1
Total. -- • - • -· • • • • -• • • - • 10
8
TOTAL, SECTION 14 OF THE ACT APPROVED 1UNE 19, 1934, AB AMENDED II
(Loans to borrowen engaged In the mln!Dg, milling or smeltln11; or ores]
•5
•2
1
1
1
1
f -·····
Wyoming._·-····--··-····· ··
'1
Aleska-···-·····-·····-----·· Total.-.-· •• -- ••• _·-····
•1
11
See lootooie. at end of table.
Digitizec by
Goog Ie
6
18
REPORT OF' THE RECONSTRUCTION FINANCE CORPORATION
3.-Number of authorizatiom, and number of new borrowerB, etc., to which
authorizations were made, by States, during the second quarter of 1937-Con.
TABLE
TOTAL, ACT APPROVED AUG 24, 1935
[Loans to or for the benefit ol tax-supported public-school district.•, or other similar public-school authorities,
in charge of public schools]
State
Number Number
of author- olnew
lzations borrowers
Arkansas .•••••••••..•.••••••.
II 2
Number Number
of author- of new
lzatlons borrowers
State
II 2
1 "Borrowers, etc.", includes applicants to which loans have been authorized and Institutions In connection with which purchases ol preferred stock, capital notes or debentures have been authorir.ed.
• Not included in the State totals shown above, because the operations of the borrowers, etc., ordinarily
are not confined to any one State.
• During the second quarter of 1937, 1 authorization made prior to the second quarter was completely
rescinded. This rescission has not been deducted from the number of authorizations made dur!Dg 1111
quarter, inasmuch as the authorization was made during a prior quarter.
re:~~':i~ t~hfs~~1ss::-~';{. ~lt ~.~ ~~~i~l!~t:~~m~~o:~~b~ o~h:uig~rz~t?o1:",!d~8
new borrowers during the quarter, Inasmuch as the authorlzaUon wu made darlnc a prior quarter.
• Represents a borrower to whom a loan was authorized prior to the second quarter of 1937, under sec. ~
as amended, ol the Reconstruction Finance Corporation Act, such borrower being Included under thll
section in previous quarterly reports. During the second quarter of 1937, an authorization W88 made to
this borrower under sec. 5e of the Reconstruction Finance Corporation Act, 88 amended.
• Represents a borrower to whom loans were authorized prior to the second quarter of 11137, under sec.~
as amended, of the Reconstru~tion Finance Corporation Act, such borrower being Included under tbal
section in previous quarterly reports. During the second quarter of 11137, an authorization W88 made to
this borrower under sec. 5e of the Reconstruction Finance Corporation Act, 88 amended.
7 Represents 2 borrowers to whom loans were authorized prior to the second quarter of 1937, under
sec. 5, as amended, of the Reconstruction Finance Corporation Act, such borrowers being Included under
that section In previous quarterly reports. During the second quarter of 1937, authorizations were madl
to these borrowers under sec. 5e of the Reconstruction Finance Corporation Act, 88 amended.
• During the second quarter of 1937, 4 authorizations made prior to the second quarter were completei1
rescinded. These rescissions have not been deducted from the number of authorizations made dur!Dg tbl
quarter, inasmuch as the authorizations were made during prior quarters.
• During the second quarter of 1937, 3 authorizations made prior to the eeoond quarter were completely rescinded. These rescissions have not been deducted from the number of new borrowers durilll
the quarter, Inasmuch as the authorizations were made during prior quarters.
" During the second quarter ol 1937, 5 authorizations made prior to the second quarter were completely
rescinded. These rescissions have not been deducted from the number of authorizations made durmg tbl
quarter, inasmuch as the authorizations were made during prior quarters.
11 During the second quarter of 1937, 1 authorization made prior to the second quarter was compIBtel?
rescinded. This rescission has not been deducted from the number of new borrowers during the q11811e!,
Inasmuch as the authorization was made during a prior quarter.
u During the second quarter of 1937, 3 authorizations made prior to the second quarter were rompletely rescinded. These rescissions have not been deducted from too number of authorizations mad!
during the quarter, Inasmuch as the authorizations were made during prior quarters.
11 During the second quarter ol 1937, 2 authorizations made prior to the second quarter were compIBtelJ
rescinded. These rescissions have not been deducted from the number of new borrowers during the quarter.
Inasmuch as the authorizations were made during prior quarters.
11 During the second quarter of 1937, 3 authorizations made prior to the second quarter were completei1
rescinded. These rescissions have not been deducted from the number of authorizations and the numbs
of new borrowers during the quarter, Inasmuch as the authorizations were made during prior quarters.
11 During the second quarter of 1937, 2 authorizations made prior to the second quarter were complete!!
rescinded. These rescissions have not been deducted from the number of authorizations made during lb!
quarter, inasmuch as the authorizations were made during prior quarters.
" During the second quarter of 1937, 2 authorizations made prior to the second quarter were completeil
rescinded. These rescissions have not been deducted from the number of authorizations and the numb~
of new borrowers during the quarter, Inasmuch as the authorizations were made during prior quarters.
" Classified by States according to the location of the property of the borrowers.
9
C::::1J~':1~
4.-Number of authorizations and borrowerB, to which authorizatiom wert
made; and amount of authorizations, withdrawals or cancelations, and disbursements from Feb. :e, 1932, to June 30, 1937, inclusive, by State& 1
TABLE
GRAND TOTAL
State
Alabama .••••• ____________________ ._
Arizona.____________________________
Arkansas____________________________
California.----------------__________
Colorado____________________________
Connecticut_________________________
Delaware____________________________
District of Columbia.--------------See footnotes at end of table.
Num- Number
ol au- ofber
borthoriza- rowers
tions
497
100
700
276
843
M
482
470
129
205
168
21
46
298
2611
23
Amount authorized
$37,161,747. 75
23, 887, 522. 77
63,867,587.21
655, 944, 270. 46
26, 199, 186. 63
33, 178, 030. 41
3, 349, 500. 00
37,028,434.01
Digitized by
Amount with-
:~~e~
-
U, 178,169.82
1,479, 823. 86
10, 797, 989. 46
as, 708, m. 77
4, 886, 102. 62
5, 307, 462. 01
2, 232, 300. 00
4, 744, 836. 01
Google
Amount dis·
buned
$31,728,877, OJ
11, ae1, 091. n
48, 223, {04. ii:
497, 736, 891. 84
20, 330, 801. II(
27,779, tWJ. 7l
1,117, llX).00·
31,117.~I»
REPORT OF THE RECONSTRUC'l'ION FINANCE CORPORATION
19
4.-Number of authoriwtiom and borrowers, to which authorizations were
made; and amount of authoriwtiom, withdrawals or cancelations, and disbursement, from Feb. IJ, 199!8, to June SO, 1997, inclusive, by States 1-Continued
TABLB
GRAND TOTAL-Continued
State
Florida_____________________________
Num- Number
ber
or auborthorlza.. of
rowers
tlons
382
290
524
129
1,108
Amount authorized
$28, 834, 622. 93
.
Amount withdrawn or
canceled
Amount disbursed
$17, 745, 227. 30
$5,426, 857. 75
20, 603, 333. 47
6, 296, 728. 46
12,416,670.07
2,174,000. 71
379, 719, 596. ~
54, 819, 606. 44
66,733,331.62
14,237,209.17
74,932,957.55
14, 518, 925. 06
16,876,840.25
2, 891, 716. 21
38, 740, 249. 59
10, 868, 506. 99
126, 908, 074. 06
85,047,892.21
66,
501, 797. 77
10, 930, 931. 25
125, 588, 499. 47
14,921,447. 55
81, 807, 103. 57
15, 820, 245. 88
406, 725, 284. 20
101,618,525.97
34, 030, 356. 30
5, 660, 423. 89
39, 944, 362. 38
4,783,818. 27
87,225,418. 75
32, 355, 942. 10
13, 378, 729. 85
1, 293, 538. 54
19, 777, 946. 80
3, 797, 576. 70
8, 033, 372. 82
4, 198, 846. 22
4,417,569.22
1, 121, 983. 78
206, 659, 540. 04
32, 486, 481. 34
9, 316, 934. 90
1, 381, 976. 78
564, 125, 934. 50
61, 179, 642. 30
55, 492, 069. 84
13,409, 792. 67
12, 383, 825. 87
1,585,360.47
434, 125, 246. 68
103, 894, 824. 35
24, 175, 570. 31
2,001,417.48
20, 220, 370. 17
4, 458, 192. 20
265, lM, 147. 99
68, 592, 159. 67
6, 731, 329. 99
761,547.55
29, 933, 440. 45
4,975, 124. 79
14,735,614.93
4,067, 258. 09
101, 712, 223. 34
15, 375, 544. 80
109, 389, 056. 81
18, 552, 999. 67
18, 196, 287. 56
3, 989, 016. 11
24, 784, 226. 36
2, 189, 670. 27
36, 915, 580. 26
7,052,504.18
46, 443, 502. 42
18, 120, 353. 35
40, 977, 883. 83
5, 320, 019. 05
105, 770, 298. 78
18, 978, 317. 35
5, 507, 020. 84
853,137.60
807,500.00
66,000.00
1, 230, 832. 00
214,103.00
4, 244, 874. 22
1, 138, 382. 18
125,000.00
126,000.00
857, 789, 869. 95 4, 450, 657, 938. 84
Total--··--····-·-··--····-···-
522
1,269
934
774
1,130
289
1,281
68
52
1,178
92
1,629
677
364
1,422
418
444
2,060
29
236
447
696
1,274
217
161
601
851
478
1,403
111
13
5
25
3
31,525
341
107
242
397
728
623
466
743
163
401
36
45
708
59
1,157
407
264
1,028
208
225
1,348
21
142
299
411
900
132
103
342
378
286
1,020
53
11
4
21
1
19,898
27, 336, 307. 93
16, 116, 117. 37
438, 560, 289. 04
82,198,891.54
89,565,847.33
20, 788, 183. 78
51,136, 4n, 26
226,400, 137. 48
77, 570, 229. 02
141, :¥)4, 030. 95
98, 241,412. 32
517, 701, 660. 79
39, 795, 998. 26
45, 235, 421. 59
122, 840, 201. 39
15,070, 477. 22
24, 652, 923. 50
12, 427, 219. 04
5, 646, 553. 00
241,476, 252. 78
10, 904, 525. 81
766, 980, 180. 82
69, lM, 250. 20
14, 139, 206. 73
674, 627, 117. 86
26,303,404.34
26, 966, 882. 89
339,043,912.56
7, 492, 877. 54
36, 081, 775. 24
18, 882, 509. 13
117,707,532.49
131, 556, 544. 73
22, 460, 215. 94
27, 008, 596. 68
46, 721, 701. 04
66,017,633.44
46, 885, 260. 06
124,911,416.13
6, 528, 229. 24
1, 123, 500. 00
1, 444, 935. 00
7,017,500.00
251,000.00
5, 690, 626, 141. 58
Co.•····---·-·-···---···--···-·
9
a 57
Loans to Federal intermediate
credit banks'·····- •• -- - - - - ••••
1
12
48, 718, 521. 62
• 399, 636, 000. 00
8
8
9, 250, 000. 00
1,343
12
178, 840, 452. 48
5,596,811.76
173, 243, 640. 72
532, 126, 239. 11
20, 224, 586. 66
Georgia __ -··-------------_---------.
lliinols
_____________________________
!dab~------------------------------Indiana____________________________
Iowa _______________________________
Kansai-----------------------------Kentucky_-------------------------Loulsl1111a ___________________________
\f aine _______________________________
Maryland ___________________________
Massachusetts_______________________
\ficbigan ____________________________
\f innesota _________________________
\lississlppl.. ________________________
Missoarl_
Montana ____________________________
------------------ --------'-~bl'8Ska____________________________
Nevada. ____________________________
Sew Hampshire ____________________
~::
=i~-----------······-··-·-'-ewYork
___________________________
North CaroliDa... ____________________
Sortb Dakota_________________ -- --·Ohio __ ---------·-·····-•··-····-····
Oklaboma.-•• -··-··-······-··-··-·-Oregon. __ .---·-··-·-·-·.·····--·· •••
Pennsylvania_·······----··--····-·Rhode lsland •••.• ____ ._ •• ····--· ·--·
S<iuth Csrollna••• _. _____ ·····--· __ ·South Dakota .••••••• ·--···-·--·-·-·
Tennessee •••••·-········--···-·-··-·
Tuas_·-········------·-··--··--···-
rtah.·-·····-···-·---·-··--··---··-Vermont __ ·---·-·····-----····--··-·
~;t:rW&............·--·····--,·rrginia. -- - - --- - ---- - - - - - - - - - - -- - - - -
ll'rnming_ ····-···---·-··-···----··-
Alaska ____ ·-----·····-······----·-··
Hswail ••••• -·-·-----·-·-·-·····---·-
Puerto Rico __ ·--······-···--··-·---Virgin lslands .. -···--····-·····-····
Authorizations:
Loans to The RFC Mortgage
Loans to Federal land banks 1 ••••
Loans to regional agricultural
credit corporations (redls•
counts) •- _··--·· _----·· -··-··Loans to railroads (including receiversand trustees)•-·---··--Loans for tlnancln,: exports of
~iculturalsurpluses •------·-·
Loans to Secretary of Agriculture
to acquire cotton•--·----··---Loans to Commodity Credit
Corporation•-··-·-····---·--··
Subscriptions for stock or The
RFC Mortgage Co.•-·--···-·-Subscriptions for preferred stock
or Export•Import Bank of
WMblngton •-----··-·--·--·-··
Subacrlption for preferred stock
716
ll89
1,867
962
1,127
588
618
685
199
350
663
714
440
388
37,004, 759. 16
• 387,236,000.00
9, 250, 000. 00
156
75
638, 597, 795. 00
106, 393, 555. 89
6
3
53, 370, 955. 22
33, 146, 368. 56
23, 600. 000, 00
20, 200, 000. 00
3, 300, 000. 00
366, 244, 571. 68
646, 652, 689. 41
------------------------·---------------·------------------------
25, 000, 000, 00
2
14
1
1 1, 222, 108, 664. 99
3
1
25, 000, 000. 00
3
1
45, 000, 000. 00
~i=~n1:1°~-~~.
1
1
2, 600, 000. 00
Administration •. _. ··-. _. ·--·.
1
1
46, 500, 000. 00
Loan to Rural Electrification
----------------12, 400, 000. 00
-----------------
20, 000, 000. 00
2, 500, 000. 00
4, 000, 000. 00
Grand total.---· .. ····-···· - 33,128 • 20,015 8,383,648,530.89 11,401,771, 17i. 84 '6,311,195,853.90
See footnotes at end of table.
Digitized by
Google
20
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
4.-Number of authorizations and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, and disburse•
ments from Feb. 2, 1932, to June 30, 1937, inclusive, by States '--Continued
TABLE
AMOUNT OF DISBURSEMENTS FOR RELIEF UPON CERTIFICATION OF GRANTS BY
THE FEDERAL EMERGENCY RELIEF ADMINISTRATOR UNDER THE FEDERAL
EMERGENCY RELIEF ACT OF 1933, FROM FEB. 2, 1932, TO JUNE 30, 1937, INCLUSIVE, BY
S'fATES
·
Amount
disbursed
State
4. labama .•••.••••••••••••••.•.•.......
Alaska .•••.•.... -·- •• .•.•.. __ •...•....
Arizona . _____________________________ _
Arkansas ..•.........•.•.....•...••..•.
California ..•........•.• •.••. .... •• __ ..
Colorado . . . .. ....•• _.. _. . _...•.....•..
Connecticut. .... .••••..... . .... .•..••.
Delaware._ . .... -·-· .......... ....... .
District of Columbia .....•......•..•..
Florida .•. ....... __ ._ ........... . .. •• _.
ii~~~lf· ··.·······-·········-····--····
Idabo .......... __ . __ .....•• ... ......••
Illinois . ......... _.... _._ .•....•.... --·
Indiana .. ·-- ............•. __ ..•.••••..
Iowa ..............••...•....•......•..
Kansas ... ..........•...•..•......•.•..
Ei~fs~~~!:::::::::::::::::::::::::::::
Maine.··-····-··-···-··· ..••...•••...
Maryland ......... .... .... ..... .•.....
Massachusetts ..•...•. ..............• •
Michigan . ........................... .
1
s1m;~f~
Montana ............................. .
~===========================
Nebraska ..............
.....•....•....
$8,994,391
349,629
2,834, 146
7,410,249
15,823,535
3,925,050
4,594, 154
1,010,708
1.056,174
13,347,232
7,705,354
1,110, 561
809,957
52,240,038
II, 259,425
5, 248,789
2,732,726
5,945, 118
13,034,157
1,251,414
7,171 ,098
11,355,140
31,369,782
8,831,959
8,550,286
6,685,494
2, 853,357
2,125,699
Amount
State
disbursed
Nevada •..••.•.....•••••••...••••.• •..
New Ilampshiro .•. ····-· ·····-·······
New Jersey.··- ·····-··-··············
New Mexico .•.•••.••.•...............
New York ... ..•.••.•.••••............
North Carolina ....••..........•..••..
North Dakota ....... ............•.....
Ohio ....•. . ...••..•.. .. .. .............
Oklahoma .. ...••....... ... ..•...•... ..
Oregon .. ... ... ••••..•........••.•.....
Pennsylvania ••......... •... ....•.•••..
Puerto Rico ..•.•.. ...........•..•..•..
Rhode Island ..................•..••••
South Carolina ... ..•........••........
South Dakota.•.. ...•.........•••.....
Tennessee ....•...•••....... . ..••..•...
Texas ..... .. ............•....•....•••.
Utah •........ . ...... ........•..••...•.
Vermont. ......................••.....
Jt:l~i!~~~~_-.-::
::::::::::::: ::::::::
Washington . .....•...............•....
~i:Jo~t~'.~:::::::::::::::::::::::::
Wyoming ........ ..•..•......••••.•.••
$370. 801
966, 436
15, tzl,438
889,188
63, 131,826
9, 709, 990
3, 612,520
36. 763,382
6, 309,00,I ,
3, 213,315
44, 106,509
1, 970,201
1, 870,967
10, 424,200
7, 035,597
6, 369,196
13, 249,874
I, 723,352
481,5«
281,71>1
5, 594,074
5, 6Z7, 175
11, 090, 599
9, 619,iJ.11
190,383
Total. ..••......••••.•.•....•..• 499, 650,00I
TOTAL, SEC. 5 OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS
AMENDED
State
Alabama ••....•....••••••.....
Arizona _______________________
Arkansas ........•••. •.•..•....
California .••.....••••••.......
Colorado .• •.•.•••••.•••...•...
Connecticut .•••.••••..........
Delaware... ... •••.•.. •• •.•....
District of Columbia . .....•..•
Florida...........•.••••.....•.
Georgia. . . .....•••••••••..•...•
Idaho .... ..•...••..•.... •.•••.
Illinois ... .... _.•.•.. •.........
Indiana .....••••...••.••••..•.
Iowa .. ····-·········-· ........
Kansas ..•••.••.••.• ... .. ..••..
Kentucky ...••.•.••........•..
Louisiana ..•••...••.....•.••..
Maine .....•.••..........••.•..
Maryland ..•.....•........... :
Massachusetts ............•.•..
Michigan . .•..........•..•••...
Minnesota ..... .•........... •..
Mississippi. ..............•••..
Missouri . .............•....•..
Montana .......•...•.....•..••
Nebraska ......... ....... •..• •.
Nevada . . . ............•...•..•
New Hampshire ...............
New Jersey....................
New Mexico ....•.......•..••..
New York ..... .•.......... .. •.
North Carolina....•...•..•..•.
See footnotes at end of table.
Number Number
or
or
author!• borrowers
zations
339
41
375
486
150
91
3
109
174
304
138
1. 409
530
919
301
400
425
114
208
173
916
659
266
651
142
467
33
18
694
41
530
360
'153
18
197
199
87
42
a
30
126
160
56
707
299
525
171
l99
173
34
120
80
429
290
135
332
61
103
12
13
434
19
257
205
Amount with•
drawn or
canceled
Amount
authorized
$15,318,876.42
3,041,300.00
32, 153, 265, 33
208, 867, 103. 50
8,622,071.29
20, 722, 785. 41
257, 000.00
31,700,434.01
10,327,430.82
13, 750, 892. 50
8. 269, 781. 61
243, 115, 442. 99
54, 132, 349. 00
73, l 09, 715. 13
9,270.579. 31
23, 655, 921. 84
132. 075, 276. 71
64, 223, 434, 02
103,767,399, 28
70, 829, 903. 32
427,199,513.70
17,101. !i9. 13
19. 196,237.03
77,398,558.01
5. 6.15, 700. 41
13, 102, 223. 59
7, 524. 032. 11
1, 794, 000. 00
135,183,307.41
2, 597, 215. 05
299, 528, 498. 85
50, 073, 664. 86
Digitized by
$4, 207, 294. 82
281,448.27
6, 308, 050. 52
10,458,767.32
1, 499, 022, 97
2, 619, 045. 69
8,000.00
2, 403, 336. 01
4, 078, 802. 39
2, 918, 178. 13
908,700.85
41,549,642.00
10, 530, 397. 23
11, 542, 678. 27
I. 913, 298. 81
4, 023, 412. 86
31. 039, 142, 09
7,730,354. 21
11,711,315.88
9, 439, 068. 59
95, 869, 046. 04
3, 545, 987. 43
2, 594, 055. 97
24, 148, 884. 75
591,998.68
2, 397, 905. 63
638,865. 14
356,139. 92
17, 533, 311. 01
705,669.02
31,476, 3PO. 79
10,761,341.07
Google
Amount
disbursed
J
$11, 111, 58L
2,754,251,
25, 723,Z73.
198,385,246.
7,123,048.
18, 103, 739.
249,000,
28, 131,008,
6, 248,628.
10,817,589, 3
7,361,080,
200,518,300.
42,999,401.
61,492,836,
7,273,680.
18,762,242,
87,769,684.
56, 355, 579, 8
91,490,091.4
61,268,321.
324, 436, ooa s
13, 507, 791::
16,564,78t2
52, 888, 723,
5,031,701.7
10, 153, 717. D
6,750,166,
1,437,860,
116,035,665.
1,891,546.
194, 358, 6()4,
39, 248, 993. 19
I
REPORT OF THE RECONSTRUCTION F INANCE CORPORATION
21
4.-Number of authorizations and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, and disbursements from Feb. 2, 1932, to June 30, 1937, inclusive, by States 1- Continued
TABLE
TOTAL, SEC. 5 OF THE RECONSTRUCTIO N FINANCE CORPORATION ACT, AS
AMENDED-Continued
State
North Dakota......•...•...•..
'Obio..••........•....•.....• . .
Otlaboma .•..... .............•
Ongon .•......... . . ......•..•.
l'lllnsylvania ...••.•.....•.•••
Rhode Island ...•......•.••••.
Sooth Carolina •.•...•.•...••..
Sooth Dakota .•...•.•...••....
Tennessee ...... . ..... . .... . .. .
Taas .....•...... ........ . .. •.
Ullh . ........ .... . .... .. . ... . .
Vamont .•.....•.•.•..•...•••.
Virginia ......••..••..•..•.•• . .
;~:!~;'.~:::::::::::::::::
r ~r g •. •...... . •...•...•..
Plierto Rico . . •...•..•.•.•. •.. .
Total.. ...... •. .••.. . •...
Loins:
To The RFC Mortgage
Co.• .. .. .................
To Federal land banks •...
To Federal intermediate
credit banks •...•..•....
To regional agricultural
credit corporations (re•
discounts)• . .• ..••••... ..
To railroads (including re-ceivers and trustees)' •...
Grand total. ••.••••••••.
Number Number
of
or
autbori• borrowers
zations
161
776
320
254
1,210
7
156
262
482
607
131
82
262
604
322
828
75
2
2
7
Amount
authorized
84
463
145
87
618
3
77
133
223
308
60
37
136
170
160
526
23
2
2
5
$7,944. 784. 75
444, 556. 432. 19
9, 846, 524. 53
11, 259; 831. 43
227, 524, 065. 81
2, 223, 287. 54
25, 763, 495. 24
12, 001, 993. 72
83, 009, 338. 50
65, 301, 248. 83
13,313,831.62
1-0, 914,096.63
25, 950, 746. 33
43, 439, 939. 21
28, soo; 046. 61
70, 296, 469. 61
4, 644, 329. 24
100,000. 00
850,000.00
2, 703, 000. 00
9,021
9
a 57
8
---17, 916
Amount with•
Amount
disbursed
drawn or
canceled
$1, 045, 248. 33
93,441.422. 87
1,560,989.97
2, 269, 550. 93
51, 372, 519. 01
265,047.55
3, 919, 430. 13
3,804,837.18
8, 649, 293. 78
8, 485, 123. 09
2,748,616.07
2,088,479. 77
4,423,547. 91
12, 620, 959. 07
3, 950, 568. 58
12, 557, 582. 92
533,137. 60
_,. _____________ _
14,103.00
372,694. 25
$6, 896. 636. 42
315,563. 42P. 81
8,~9, 118.01
8, 23, 080. 50
173, 325, 121. 33
1, 958, 239. 99
21, 786, 765. 11
8, 185, 606. 64
74, 245, 466. 72
56, 609, 424. 66
10, 503, 715. 55
8, 815, 916. 86
19,777,391.08
30, 058, 980. 14
24, 326, 398. 67
57, 663, 586: 69
4, 106, 120. 84
100, 000. 00
835,897. 00
845,305. 75
3, 273, 994, 554. 43
569, 912, 704. 37
2, 559, 030, 499. 23
1
12
48, 718, 521. 62
• 399, 636, 000. 00
--------------12, 400, 000. 00
8
9, 250, 000. 00
I
----------------
37, 004, 759. 16
387, 236, 000. 00
9, 250, 000. 00
1,343
12
178, 840, 452. 48
6, 596, 811. 76
173, 243, 640. 72
156
75
638, 597, 795. 00
106, 393, 555. 89
532, 126, 239. 11
19,489
9, 129
4, 549, 037, 323. 53
694, 303, 072. 02
3, 697, 891, 138. 22
BANKS A1''"D TRUST COMPANIES (I NCLUDING R ECEIVERS, L I QUIDATING AGENTS AND C ONSERVATORS)
[Under sec. 5 o! t he Reconstruction Finance Corporation Act, as amended]
Alabama .•• •. •. •••••.•... . ....
Arilona ........ . . . ............
~tt.... .... . . . .
D!stric~i"cioiiim1>fa::::::::::
~:::::::::::::::::::::::
Illino
Eb~====
====:::::::::::::
lana....••.• . •.••...•....
De .........................
f .;: : '.: :
314
39
312
423
128
78
3
102
150
277
98
1,260
499
871
291
379
368
113
150
103
788
546
257
621
98
443
29
18
374
27
138
16
158
159
72
30
3
25
• 110
146
50
610
274
494
162
179
132
33
76
48
341
279
129
314
52
'181
9
13
149
14
$12,946,065.87
2, 061, 300. 00
26,685,251. 13
126, 234,475. 25
5,338,993.30
18,498,217. 73
257,000.00
30,510,901.41
8, 926, 297. 83
11,677, 397.99
3, 659, 856. 72
218, 657, 984. 00
4 7, 396, 349. 00
6 2, 920, 365. 13
8,751,079. 31
20, 780, 493. 84
120,845,414.31
61,023,434.02
62, 204, 257. 68
42, 058, 700. 00
405,891,189.16
13, 667, 679. 13
18, 463, 259. 36
62, 843, 308. 0 I
3,022,987.51
7, 841, 848. 59
5, 928, 725. 92
1, 794, 000. 00
80, 823, 892. 30
1, 513, 773. 54
$3, 632, 841. 96
181,448.27
5, 654, 056. 25
8, 509, 787. 99
I, 129, 192. 13
2, 254, 560. 17
8,000.00
2, 403, 336. 01
3, 940, 182. 78
2, 424, 313. 55
757,710.33
33, 506, 091. 16
9, 161, 609. 5i4
8,446, 714. 28
1,777,815.47
2,596,424. 47
28,811, 178. 89
7, 730, 354. 21
8, 853, 608. 22
6, 016, 579. 83
90, 220, 777. 77
3, 468, 999. 66
2,583,353. 19
22,016, 711. 16
367,339.61
1,439,263.51
223,394.36
356,139.92
I 0, 362, 925. 60
539,419.14
$9, 313, 223. 91
1,874, 251. 73
20, 909, 253. 40
117, 701, 597. 54
4, 209, 801. 17
16,243,657.56
249,000.00
27, 291,565.40
4, 986, 115. 05
9, 253, 084. 44
2, 902, 146. 39
184, 104, 398. 57
3 7, 632, 188. 71
54, 399, 450. 85
6, 889, 663. 8;4
17,313,803. 18
79, 343, 935. 42
53, IM, 579, 81
53, 285, 249. 46
36, 023, 720. 17
308, 973, 373. 11
10, 151, 279.47
I 5, 842, 506. 17
40, 465, 646. 85
2,643,647. 90
6,391,985.08
5, 705, 331. 56
I, 437,860.08
69,813,014. 11
974. 354. 40
See footnotes at end of table.
Digitized by
Google
22
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
4.-Number of authorizations and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, and disbursements from Feb. 2, 1932, to June SO, 1937, inclusive, by States I-Continued
TABLE
BANK:S
AND TRUST OOMPANIES-Contlnued
Number Number
of
of
authori• borrowers
zations
State
Amount
authorized
Amount with·
drawn or
canceled
Amount
disbursed
191
118
'78
265
127
80
529
2
53
'126
199
239
55
37
116
147
138
444
17
2
2
5
$116,688,188.01
37, 796,187.51
7,649,284. 75
333, 538, 649. 37
4,691,874.53
9, 105. 880. 88
215,124,359.65
1,755,841.54
21,325.946. 13
5,114.916. 70
78. 592, 431. 50
31,498,474.80
8, 001, 388. 52
10,914,096.63
20,315,808.67
31. 467,510.09
24, 670, 555. 84
41. 618,990.81
1,486,574.42
100,000.00
850,000.00
2,703,000.00
$19, 113,781.47
9, 709. 258. 55
1. 036. 980. 58
62, 020, 837. 45
1,437,556.41
1, 548, 578. 38
48. 990, 346. 04
252,784.55
2, 543, 237. 52
1. 058, 563. 38
6,506,629.81
4, 969, 672. 22
2, 392, 022. 37
2,088,479. 77
3. 330, 352. 10
11.661,044.30
3, 160, 565. 66
10, 228. 500. 82
290,041.53
$95, 868, 335. 52
28,023,928.96 L
6,609.~17
235,994, 913. il
3,227,001.57
7,400, 102.00 L
163,340,600.29
1, 503,056.W
18, 725, 4Ul. 81
4, 044, 803. 32 l.
71,980,001.119 I..
26,4:14,394.63 L
5, 54 7, 866.15
8,815,916.86 l
16, 920, 256. 57 L
19, 806, 466. 79 L
21,029,555.27 t,l.
31,315, 18U9
1, 196,532.89 ~
100,000.00 ..a
835,897.00
845,305. 75
7,366
2, 498. 234, 458. 39
--New York .. ..........•••••••••
North Carolina .....•...•.••••.
North Dakota ......•.••.••.•..
Ohio .•••...•...... .•... .••....
Oklahoma..... ....••••..••.•..
Oregon . ..............•••......
PennsylvBllia. . ....••.••..•....
Rhode Island ...........•.•....
South Carolina ___ ._ •.. ...... ..
South Dakota .••••.• _.........
Tennessee·-·-···-·············
Texas ••• · ·-·-··- ..•. ·····-··-·
Utah .....••..•.......•.....•. _
Vermont ....... _.•...•........
Virginia •...........•...•......
Washington ..........•.....•..
West Virginia .. .....•.•..•.•..
Wisconsin ...... ·-·· ··-·······Wyoming .....•............. . _
Alaska •.• ···············- · ····
Hawaii.·-··-·····-········-·-·
Puerto Rico ..•. -·- ...•. ·-··· ••
Total.. ••...•.•.•••••.•••
420
240
154
503
299
224
1,102
5
115
251
437
503
93
82
234
377
297
726
, 41
2
2
7
-15,273
--
---------------14,103.00
372,694.25
462, 100, 159. 59
t
1, 969,136,423.211
BUILDmo AND LOAN ASSOCIATIONS (INCLUDING RECEIVERS)
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
Alabama ... _.•.......•.•.... _.
Arkansas_ ••••......•.•••.•••..
Califomia .. ---·-·······-······
Colorado ..•• ·-· .. -·· __ ··-·-··Connecticut_. _____ ._ .•
Georgia_. __ • ___ ·-·- __ -·_:::::::
Illinois ___ ._··----- __ ._ .•.• --·_
Indiana •. _-·····--···---·····Iowa ... •-·-··-·- ····- ··--·--··
Kentucky-··--·····-·····-·--Louisiana._-······-···-··----Maryland_········-·-·-------·
Michigan--···-·····--·-·-· · · ··
Minnesota·-·---·--·--------···
~l~~~f~.i::::::::::::::::::::
Montana·--··---·-----·-··--·Nevada. __ . ____________ .·--·-New Jersey··---· ··-···--·----·
New York_·---···-···-·---···North Carolina_ •.•. --------··North Dakota_.,-------- · --··Ohio __ .-·-·-···--------·----- Pennsylvania_··---··-· ······-South ~aroJina_ -·--· __ •• ·- •. __
South Dak6ta---· -· -·-·····--Tennessee_.----····- __ -- -·--- _
Texas_.·-··-···--···-·······-Virginia-·······--·-·--· ·· ·---W ashlngton. ·-·- ... ~ --·· -·· ·-.
West Virginia •• __ ..• ·-··-··-_.
Wisconsin __ ·-··---······· · -···
Wyoming __ ··-·--··-···--.-· ••
Total. •• _••• • ---·--··- ___
3
45
50
1
8
1
73
16
15
16
33
23
24
5
4
1
4
1
276
36
85
3
239
77
28
7
6
24
13
5
17
89
5
3
28
32
1
8
1
70
16
13
16
36
19
16
3
4
1
4
1
254
24
68
2
173
72
19
5
6
20
0
5
16
75
2
---1,233
1,012
$111,000.00
2, 795, 378. 25
9,805.134. 81
110. 000. 00
549,000.00
5,000.00
3, 988, 989. 09
1, 683,000. 00
1. 132, 800. 00
l. 449, 5CO. 00
3, 273, 860. 03
2. 463, 288. 63
2. 091. 287. 87
107, 50Q. 00
103,500.00
250,000.00
313,605.00
85,000.00
30, 379, 926. 12
9,267, 159.38
3, 580, 018. 39
155,000.00
52, 177, 334. 58
4, 122, 100. 00
1. 668, 049. 11
261,077.02
290,000.00
1, 718, 150. 00
975,662.35
849,000.00
1, 626, 000. 00
9, 041. 000. 00
815,611. 87
147,243,932.50
$811. 96
137,014.84
523. 756. 13
3. 263. 06
49,242.14
22.179. 40
25,110.25
54.488. 39
48,036.57
28. 696. 94
221,494.69
3. 226. 48
7. 502. 78
2. 230. 27
78,068. 78
55,000.00
1, 703, 772. 45
1. 961. 134. 86
75. 868. 94
3. 022. 75
22. 522, 623. 40
159,297.39
149. 228. 63
15,011.55
405. 15
105,416. 04
25,050. 90
5,501.24
15,681.12
463. 211. 79
81,972.88
$110,188.04
2, 658, 36,Hl
9, 28!., 378. 68
106,736. 9l
499. 757.86
5, 000.QO
3,686,017.6.1
I. 660. 820. 60
1, 107, 689. 75
1, 395, 01161
2, 649, 673. 46
2,333.087. 76
1, 869, 793. 18
104,273.52
. 95. 997. 22
247,769.73
235,536.22
30,000.00
28, 676, 153. ~
7,306,024.52
3. 504. 149. 45
151,977.25
29. 631, 21118
3,962.802. 61
1, 518,8:Ml.'8
246. 06H7
289.594.85
1. 612, ':'33. 96
950,611.45
158,408.76
1. 610,318.88
8. 577, 788. 21
728. 568.19
28. 850. 383. 23
117,002,324. M
---------------302,971.46
See footnotes at end of table.
Digitized by
Google
REPORT OF THE RECONSTRUCTION FINAl'ICE CORPORATION
,;.,
, i,.
it,.
,J:'~m:::;
23
4,-Number of authorizations and borrowers, to which authorizations were
and amount of authorizations, withdrawals or cancelations, and disburseen 8 from Feb. 2, 1932, to June 30, 1937, inclusive, by States 1-continued
INSURANCE COMPANIES
[Under sec. 5 of the Reccnstruction Finance Corporation Act, as amended]
Number Number
of
of
~~wi~~- borrowers
State
Amount
authorized
Amount with-
Amount
disbursed
drawn or
canceled
11,
$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
7, 895, 000. 00
2,399, 150. 00
902,000.00
28, 483, 600. 00
1,932,500.00
74,500.00
15, 865, 000. 00
275,000.00
1, 816, 225. 4 7
504,000.00
50,000.00
711,000.00
4, 170, 731. 66
385, Hl6. 62
736,990. 77
00, 000. 00
103, 006, 858. 28
$297,750.00
355,000.00
$41,300.00
80,000.00
------------------------------- ------------- -96,042.28
1, 262, 021. 45
102,290.84
87,983.34
1,000,000.00
21,943. i5
50,000.00
75,000.00
33,000.00
5,932,457. 72
3, 235, 978. 55
3, 550, 709. 16
334,016.66
------------- --- 1, 248, 056. 25
---- ------ ----609,394.50
6,000. 00
---------------298,218. 63
401,663.56
88,500.00
1, 086, 357, 04
112. 50
5,000.00
7,033,661.80
1,950.00
744,325.47
--- --------------- ------------34,125.51
44,083.24
10,104.37
276,363.58
----- -------- --13,331,441.86
13, 985, 000. 00
4,207,519.26
22,500.00
112,000.00
7,596,781.37
1,997,486.44
813,500.00
27, 397, 242. 96
1,932,387.50
69,500.00
8,831, 338. 20
273,050.00
1, 071, 900. 00
504,000.00
50,000.00
676,874.49
4, 120, 648. 42
375,092.25
400,627.19
00, 000.00
89, 6i5, 416. 42
MORTGAGE LOAN COMPANIES
~:·
[Under sec. 5 ol the Reccnstruction Finance Corporation Act. as amended]
\•
j•
•'
t
Ari bama. ···················-·
§~;-:· · ·ir°columbia·
: ==~~~~~~~~~.
D istrict
16
1
6
9
8
4
6
8
20
.:;t:_::~::r•~•:
,:,
M iclllgan..
······ -·-----
9
1
4
7
8
3
4
4
10
3
12
1
2
2
l
11
3
47
1
4
3
2
18
1
29
64
23
27
85
60
4
2
16
1
8
3
37
5
54
4
l
10
l
4
2
25
4
31
11
1
20
16
3
10
1
10
34
24
1
?:I
18
9
23
3
29
58
1
$1, 922, 760. 55
$532, 340. 90
100,000.00
100,000.00
1, 433, 500. 00
69, 342, 493. 44
1, 374, 000. 00
1, 675, 000. 00
1, 114,532.60
878,032.99
1, 786, 994. 51
2,414, 000.00
10, 794, 669. 90
220,000.00
2, 773, 550. 00
97,500.00
92,500.00
6, 483, 502. 37
3, 200, 000. 00
25,114,852.97
28,667,648.32
13,300,122.91
3, 102, 500. 00
517,477.67
5, 989, 250. 00
156,370.00
695,225.00
1,510,306. 19
23,074, 188.99
209,000.00
144, 672, 300. 00
5, 683, 958. 96
332,168.02
1, 082, 750. 48
29,903.88
315,243.38
65,000. uO
42, 968, 048. 24
4, 879, 650. 00
1, 241, 420. 25
6,081,475.00
6, 576, 000. 00
3, 094, 657. 00
22, 713, 976. 26
---------------95,719.61
458, 864.58
44, 023.52
6, 261, 230. 38
22,508.08
2, 773, 550. 00
47,500.00
42, 500.00
2, 157, 982. 88
---------------2, 829, 010. 72
3,421, 645. 34
4, 649, 661. 72
67,500.00
3,200.00
1, 410, 724. 69
202. 39
40,978.56
300,470. 78
5,374,812.96
60,000.00
9, 130, 456. 70
9u6, 257. 20
245. 00
1, 8;;6, 900. 22
121,483.56
692,522.55
1, 478, 550. 11
2, 731, 262. 25
1, 883, 700. 00
2. 613, 766. 16
$1,390,419.65
1, 101, 331. 98
68, 259,742.96
1, 344, 096. 12
1,359,756.62
764,532.60
782,313.38
1,328,129.93
2, 369, 976. 48
4, 533,439. 52
197,491.92
50. 000. 00
5u, ooo. oo
4, 325, 519. 49
3, 200, 000. 00
21, 886, 754. 25
25,141,889.80
8, 453, 094. 69
3, 035, 000. 00
514,277.67
4,578, 525.31
156,167.61
654,246.44
1,014,835.41
16,732,997.22
149,000.00
63, 554. 410. 30
4,777,371. 76
64,755.00
41, 1().,, 967. 02
4, 758, 166. 44
548,897.70
4, 602, 924. 89
3,844, 737. 75
1, 202, 179. 00
19,987,916. 97
S.. lootnotea at end of table.
14581-37.__.
Digitized by
Google
24
REPORT OF THE RECONSTRUC'r!ON FINANCE CORPORATION
4.- Number of authorizations and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, and disburse•
ments from Feb. 2, 1932, to J une 30, 1937, inclusive, by States '-Continued
TABLE
M ORTGA GE LOAN COMPANIES-Continued
State
N umber N umber
ol
O(
authori• borrowers
zations
Amount
authorized
Amount with•
drawn or
canceled
Amount
disbursed
- --
Utah . •. ..... . . . . ....•.•. •. . .•.
2
Virginia . ... . ....... ... ........
11
Washington . .........•....... .
16
3
West Virginie . ...•....... . . ...
8
Wisconsin .................. . . .
Total. . . . . ... .•.. . .......
697
Loans to The RFC M ortgage
9
Co.•..........•..••••. . •••.. •
Grand total. . . . . •. .•. •. . ~
- --
2
8
11
3
4
409
$1, 285, 000. 00
4, 225,61 1. 89
7, 755,825.23
72,500.00
6, 488. 762. 92
465, 844, 164. 16
$50,000.00
1, 058, 040. 54
754,891.83
11,500.00
1,842. 785. 61
57,646,854.60
$1, 235, 000. 00
1, 482,961.01
6, 935, 933. 40
61, 000.00
4,645, 977.31
332, 181, 740.00
1
410
48,718,521.62
614, 562,685. 78
------ -- -- ------
37,004, 759.16
369, 186. 4!19. 76
57,646,854. 60
r
CREDIT UNIONS
[Under sec. 5 ol the Reconstruction Finance Corporation Act, as amended]
M assachusetts .............. . . .
Michigan ............. ........ .
Minnesota ................... . .
New York ............... ..... .
3
{}~~ii!~~~~~====::::::::::::::
2
2
Total.. .•.........•......
10
1
1
1
1
1
1
$74,555. 00
65. 000. 00
10,000.00
20,000.00
467,446.00
5,966.80
7
642,967.80
2
1
I
$73, 71158
55, (95. 70
9,738.71
$843. 42
9,504.30
261. 29
20, 000.00
12, 263.00
455, 183.00
----------------
5, 960.81
600, (Jg5. ll
42,872. 01
JOINT·STOCK LAND BANKS
[Under sec. 5 ol the Reconstruction Finance Corporation Act, as amended]
Arkansas .... ...•..............
Calilornia . . ... . . ...•...•...•••
Colorado ................... .. .
Georgia ....................... .
lilinois ...........•........•...
Indiana .. . ....•....•..........
Iowa ...................... ... .
M inne<;0ta.........•...........
Nebraska ........•...•.........
N orth Carolina... .....•.......
P ennsylvania...... .... . . . .... .
South Carolina.... . ...•.... ...
T ennessee ..................•..
T exas .. . ..................... .
Utah .......................•..
West Virginia ................ .
3
4
4
2
2
4
3
l
2
2
l
6
4
l
8
3
4
1
2
Total. ••...•.•.•••.•.... .
57
~~i;~~;~:::::::::::::::::::::
Michh•.an ..........•...•...... .
1
1
1
2
2
1
1
$590, 000. 00
3, 485, 000. 00
1, 294, 772. 68
205, 000.00
3, 645, 300. 00
335,000.00
2, 150, 000. 00
330,000.00
82, 500.00
l, 035, 000. 00
185,000.00
2,166,000.00
I, 081 , 000. 00
376,000. 00
2, 185, 000. 00
100,000. 00
2, 636, 000. 00
550,000. 00
1, 700,000. 00
26
24,221,572.68
I
1
2
2
I
I
I
1
2
3
1
l
$104,811.41
342,472. 72
80,763.90
$485, 188.$
3, 142. 5Z7.28
1, 214,00!.ll
205,000.00 ,
2, 261,993.211
272, 921.21
1, 979, 987.11
--------------1, 383, 306. 72
62,078.76
170, 012. 00
330,000. 00
1, 168, 463. 98
100,000.00
719,965.48
1, 767. 58
486,458. 22
82,500.11
876,786.91
185, 000.001,.
1, 110, 000.0I
1, 011, 156.12
343, 087.85
1, 01 6, 536:i
90,000.
1,916, 034.
548,232.4
1, 164, 8117.11
5, 694, 158. 61
17,905,857.41 ~
---------------158,213. 06
--------------516,000.00
69,843.88
----------------
AGRICULTURAL CREDIT CORPORATIONS
[Under sec. 5 ol the Reconstruction Finance Corporation Act, as amended]
Arizona • •.• · - · · ···-··· · · ··-·- ·
.Arkansas·- ·· · - · · · · · · · -·· ··-···
Colorado • •. ••. . ... - ...........
F lorida-· -··· · ··-· · · · ··· ···· ···
I daho __ .•................ •. •..
Iowa • . · · •··· •· ··-········· · · · ·
Louisiana.· · ···· · ····· ··· - · ···
New York.............. . . . . . . .
Nortb Dakota •• ·-·············
Oregon . ... . . . . . . ..... ....... . .
South Carolina . . .. _... . . .... ..
Tennessee . .... .. .• · - · - · - · ·····
T exas . . . .. . ... ... ..... . ... . .. .
W ashlngton. . . • • . • . • . • . • . . . • • •
T otaL .•.... ••. . __••••• .
1
2
2
203
4
$880, 000. 00
214,135.95
71,455. 31
435, 000. 00
63,889. 60
480,000. 00
120, 000. 00
397,251. 46
1, 000. 00
116, 700. 30
58,500. 00
124,250.00
95,491.08
3, 063, 103. 89
250
20
6, 120, 867. 59
1
5
4
3
7
2
2
2
1
15
1
2
2
1
1
1
1
1
1
1
1
2
1
------------------------------$11, 500. 00
---------------5, 167. 00
25, 000.00
---------------164,600. 72
----------------
---------------58,500. 00
124,250. 00
6,239. 95
81, 931.70
See foot notes at end ol table,
Digitized by
Google
$880, 000. ~
214, 135. 116
59, 955.31
435, 000. 00i
58,722.60
455, 000.00
120, 000.00"
232. 590. 74
1, 000.00
116, 790. 30
------------------
- -- - 1-~--·1--- ----1·- - -- - -1-- 477,249. 37
f
89, 251. 13
2,981,172.19
5, 643, 618. 22 .
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
25
1'.°~!
4,-Number of authorizations and borrowers, to which authorizations were
ment1 and amount of authorizations, withdrawals or cancelations, and disburse1ram Feb. 2, 1992, to June 30, 1997, inclusive, by States 1-Continued
LIVESTOCK CREDIT CORPORATIONS
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
Number Number
or
or
borrowers
State
Amount
authorized
i:l~~~!·
Colorado .•.•.•.•.•..•..•.•.•..
-M
:J'!-ho
... ······················
1SSOur1. ••••........••.••••. ~
~:w~oo.::::::::::::::::::
Tens
-t
30
1
38
g
4
4
;~~~:::::::::::::::::::
35
1
29
Total ••••••••••.•••.•••••
155
4
$382, 850. 00
2, 132, 035. 29
421,000. 00
2, 142, 250. 00
874,441.51
270,740.00
2, 468, 425. 03
3,477,443.10
247,500.00
2,342,142.95
20
14, 758,827.88
2
2
1
3
1
1
3
2
1
Amount with•
drawn or
canceled
Amount
disbursed
$244, 400. 00
101, 800. 00
421, 000. 00
145, 900. 00
106,249.88
28,450.00
25, 980. 00
304,826.12
117,500.00
161, 123. 19
$138, 450. 00
2, 030, 23.5. 29
1, 996, 350. 00
768,191.63
242,290.00
2, 442, 445. 03
3,172,616.98
130. 000. 00
2,181,019. 76
1,657, 2211.19
13,101,598.69
l------~------
P&OCESSOBS, OR DISTRIBUTORS SUBJECT TO PROCESSING TAXES
[Under sec. 5 or the Reconstruction Finance Corporation Act, as amended]
$567. 68 ••••..••••..•••.
$567. 68
3,428.00 ··•·········••··
3,428.00
487.90
$487. 90 ···-·······-·-····
3,300.00
3,300.00 ··············--··
7,400.00
7,400.00 ...•..••••••.•••••
3,905.69
3,905.69
183. 31
6,816.69
7,000.00
7
STATE
Fmms CREATED FOB THE
26,089.27
7
11,371.21
11,718.06
PURPOSE OF INSURING REPAYMENT OF DEPOSITS OF PUBI.IC MONEYS
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
I
Wtseo;1n··•··················1---3-1---1
$13,087,715.88
$23,084.70
$13, 06-1, 631.18
otal....................
3
1 --1-3,-08-7-,-71_5_.88-ll----23,-084-.7-0..J----1-3,-064-.63-1.-18
BORROWERS ENGAGED IN THE FISHlNO INDUSTRY
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
11
4
3
2
l
1
2
Total. •••.•••
$42,900.00
35,000.00
l
l
2
$55,100.00
76,500.00
29,000.00
525,000.00
22,000.00
42,500.00
57,000.00
$12,200.00
26,375.00
29,000.00
525,000.00
22,000.00
42,500.00
47,000.00
20
807,100.00
77,000.00
704,075.00
9
2
3
2
TOTAL, SEC. 5c OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS
AMENDED
!Subscriptions for stock of mortgage loan companies)
Olinoi,
N-
1orL::::::::··········
... _______ _
3
2
1
5
3
2
$1,2li0, 000. 00
500,000.00
$1,250,000. 00
26, 750, 000. 00
1, 250, 000. 00
25, 000, 000. 00
See footnotes at end or table.
Digitized by
Google
26
R EPORT OF THE RECONSTRUCTION FINANCE CORPORATION
4.-Number of authorization& and borrowers, to which authorizations were .
made; and amount of authorizations, withdrawal& or cancelationa, and di8burs~ .
menta fr om Feb. 2, 1932, to June 30, 1937, inclusive, by States I-Continued •
TABLE
TOTAL, SEC. 5d OF THE RECONSTRUCTION FINANCE COR P O R ATION ACT, AS
AMENDED
[Direct Joans to industrial or commercial b u siness, including participations]
Number
or
author!•
State
zatioos
AlabRma . ........•.. . •..•.•...
Arizona . ...•.....•.......•....
ArkansRS .••......• • •••••••••..
California . .•..•...•... • ..•.••.
Colorado ...•...•......•.•• . . ..
Connecticut . ...•.•.•...••••. . .
Delaware ...........•. . .. • •....
Distr ict or Columbia ... .••....
F lorida._ .... . . . .. . . _... . . _. • _.
Georgia . . ....•.• . .... . . . ..... ..
Idaho ... . . ...... . .••...••...• •
Ill inois . ..............•.•..•.••
Indiana .......................
Iowa . ........•........•.....•.
Kansas . •.... . ....•......•....•
Kentu cky ........•..... .• .•.•.
Louisiana_. ___________________
Number
or
borro wers
38
I
26
21
9
32
3
8
11
Maine .......••.•........• . •...
Mar yland ................••...
Massachusetts ..•........... . ..
Michigan .......•..............
Minnesota .....••• . ...........
Mississippi. ....•. . ............
Missou ri . ..•••..••......... . ..
Montana . ..•••.•.•.... . .......
Nebr aska ........••....... . ... .
Nevada .. . ...•.••.. . ...•.. . ...
New Hampsh ire ...............
New Jersey •......... . ... •. ....
New Mexico . . •...............
New York ...... . ..............
Nor th Carolina .......•... • .•..
North Dakota .. . ......•....•.•
Ohio ....•.... .. ... •• .•.•.•.•••
Okl ahoma .. . .... . .. . ...•• • .•.•
O regon . .••.... . ...••..• . ••....
Pennsylvania ._ . .. • . ••..•.• • ..
R ho de Island ... . ..•......••...
South Caroli na .. . ...•...• . . . ..
South Dakota .. •.. .•. . ..... . ..
Tennessee ............. . .. . ....
T exRS ..... . ....•... . ....... . ..
Utah ..... . .. . ...... . ..... . ....
Ver mont .•... . .... .. . . ........
Vir ginia . . .....••... . . . .•..... .
Washington ..•••.........•....
West Virginia ... . .... . .....•..
Wisconsin .. . .•.••.............
Wyoming ....•....••....••....
A laska .•...••.. . .•.....•...•..
Hawaii. •..••... . .....•.•.•• . ..
P u erto Rico .... . ..•.••...•....
Total. .. . • . • • • . .. . ..••• • • ~
Amount
disbursed
-
---
40
I
39
38
3
11
79
132
17
Ill
52
22
41
35
14
8
44
130
70
40
19
84
17
27
2
4
130
4
380
49
8
136
9
59
177
15
18
10
48
5-1
10
8
27
82
30
32
I
1
1
10
A mou nt with•
drawn or
canceled
Amount
autho r ized
38
73
119
14
102
50
20
40
33
14
8
38
119
68
38
19
76
15
24
2
4
I ll
2
332
46
8
117
8
50
147
13
15
10
45
50
8
6
26
74
26
30
I
1
I
10
2. 163
$1, 113, 983. 33
65,000.00
5, 024, 900. 00
2,851,500.00
588,000.00
3, 602, 500. 00
312,500. 00
128,000.00
I, 4ll, 625. 00
4,483,223. 43
544,600.00
10,497,768.65
2, 729, 900. 00
!, 23 I, 000. 00
930,688.27
2, 456, 000. 00
325,800.00
211,650.00
3, 212, 671. 67
6, 705, 350. 00
6, 862, 366. 07
972,560.00
597,180.00
6,015,400.00
288, 242.50
527,160. 69
95,121.93
830, 000. 00
13, 150, 950. 00
220,000.00
18,716,642. 60
3, 619, 107. 14
563,560.00
10, 024, 016. 67
286,500.00
5, 131, 900. 00
18,406, 834.00
3, 046, 000. 00
2, 280, 550. 00
63,600.00
4, 280, 268. 74
!, 357,325.00
518,145.32
299,500.00
I, 375,600.00
4,617,420. 16
1, 272, 345. 45
2, 609, 550. 00
7,500.00
11,000.00
200,000.00
154,500. 00
156. 827,506.62
$381, 750. 00
--------------322, 500. 00
890,306.00
215,333. 80
I, 122,972.32
12, 500.00
41,500. 00
208,081.00
2, 009, 855. 68
42,549.00
3, 228,2 11.98
646,500.00
426, 500.00
200,250.00
879, 230.97
93,000.00
Ill, 650. 00
I , 037, 171. 67
2, 627, 438. 58
!, 830, 792. 00
488,990.93
417,680. 00
! , 396,085.56
66,992.50
222,350.00
24,124.14
135,000.00
5, 342, 050. 00
95,000.00
7, 401, 046. 95
1, 330, 443. o:l
11,600.00
2, 729, 356. 76
83,000. 00
!, 486, 900. 67
6, 381, 804. 42
295,000.00
675, 123. o:l
43,050.00
738,794.44
627,469.65
IOI , 500. 00
101,190.50
735, JOO. 00
I, 309,801. 11
649,817.13
I, 510, 937. 00
$4TT,5.'1111 L
65,IXXl. tll _
4,597, 400. tll
l , l«,355. tll
209,MUlc.
2,392.lmtll
300, 00).tl)
86.500.tll
I, 117,«. tll
2, 319, 37\ 7! ,
456,0SLtll,
5, 180,637. li
! , 507, 600.tll
m , 500. tll
696, 438.:11
963, 583. 11 1
m,«L ll 1
!OO, IXX!. 111,
2,048, ~IJ,
3,686, 36L 7l
4, 533, 073. 17 .
425, 7~111 I
176,67&11 \
3, 074,891. 1 1
165, 2/411 \
2«, Slo.l
70, 1197.11:
588,IXX!.lll
7, 093, 000.11 ·
125,000.lll
9, 586,1195. 111
2,099, 606,42
413,839.61
6,239,192.11
103, 500.lll
2, 863, !67. ll
9, 625, 360. 15 I
2, 751,000. llJ
525, !7UI ,
20,550.lll
3,039, m.31,
527, 016.3li
406, 64~ 321
173,309.50
568,490.71
2, 620, 258. 27
564, 260.511
!, o:!3, 112. 511
------------------------------··
11,000.00 ----- ---- ------··
200,000.00
12,000.00
50. 951. 502. 22
127, 500.<M
88, 014,601.71
LOANS TO I NDUSTRIAL OR COM)fERCIAL BUS INESS
[Under sec . 5d o r the Reconstru ction Finance Cor poration Act, as a m ended]
Alabama ....•...•....... . .. . ..
A r izona ................ . •.•.•.
A r kansas ••.•.......•...... . .. :
California ...............•.....
Colorado ..•.............••••••
Connecticut .•... ·-············
Delaware . .. ..•..............•.
Distr ict of Columbia ...• . •. . •.
F lor ida . .••... . ... . ...•.••.... .
Geor gia .....•.•.• .• .••..... . .. .
Idaho .•..•.•...• • •.•....•.....
Illinois .. _ .••.•........••.. ....
Indiana •...•••.•.•••.•..... . . .
Iowa .. . ....•...•.•...•• • .•....
Kansas ...•.•...•.•..••.•... . ..
30
1
34
22
9
29
3
11
77
103
14
103
45
21
32
28
I
33
18
7
23
3
8
72
90
12
94
43
19
32
$808, 950. 00
65,000. 00
4, 787,700.00
2, 340, 000. 00
543,000.00
3, 272, 000. 00
312,500. 00
128,000.00
I, 367,375. 00
3, 292, 106. 77
531,900. 00
10, 180, 268. 65
2,621,000.00
I, 219,000.00
619, 354.94
$291, 250. 00
157,500.00
656, 806.00
207,000. 00
945,000.00
12,500.00
41,500.00
163,831. 00
! , 454, 589. 02
35,849.00
3,042,311.98
621,000.00
414,500.00
110,750. 00
See foot n otes at end of table.
Digitized by
Google
..
$396, llll
65, 000.
4, 59~ : :
1, 144,
193,000.
2, 273, OllO.
300,86,800.
1, 117,4".
I, 734.Dl
450,061.
5, 120,837.
I, 449, 100.l
771, 800,1
474, eoll
REPORT OF THE RECONS'l'RUCT ION FINANCE CORPORATION
27
4.-Number of authorizations and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, and disbursements from Feb. 2, 1932, to J une SO, 1937, inclusive, by States 1- Continued
TABLE
LOANS TO I NDUSTRIAL OR COKMERCIAL B USINESS- Continued
Number Number
of
of
a u thor!•
borrowers
zatlons
State
I entocky •••.•••••.••••••• • • •.
LoolsiaDa ••.•••........•...•..
Maine. .. ... ..... .. .... . .......
Maryland ......• • . . .. ••• .. . .• •
lbacbusetta .... . . - ... . ......
=pl.... .... ...·--··
~=
:i=ta....................
Moalalla .. .... . ....... . •.. --..
Nebruta...... . . . .............
Ntl'lda ......... ....... . ... - ..
New Hampshire •..••...•..••.•
22
12
7
41
114
12
7
35
103
63
20
18
67
10
65
20
18
75
10
25
2
3
108
3
340
38
6
108
8
43
146
12
22
l'1llr1o Rico .... ........ . .... . .
10
2
3
91
1
295
35
6
92
7
37
118
10
13
8
34
46
8
5
21
56
20
22
1
1
10
Total••••••. . . .•..•. . - •••
2,027
1, 804
New=~··-···············
York. ..... .. ......... ....
Ncrtb Carolina•. • • .•....•.••• .
Ncrtb Dakota•...• . .•....•..•.
Ob!o ••••••••• •• •••• ••••• ••• •••
Oklahoma. •••• _•••• • ••••••• •• •
~l=t~:::::::::::::::
South Carolina .•••••••• • ••• _..
8GUlh Dakota ....... . ...... - . .
~:::::::::::::::::::::
V11nDOnt............. . . . ..... .
~
.
23
:::::::::::::::::
15
8
37
49
10
7
22
60
23
23
1
1
Amount
authorized
Am ount with•
drawn or
canceled
A mou nt
disbursed
$1 , 367, 500.00
271, 300.00
141,650. 00
2, 666, 671. 67
6, 172, 350. 00
6,419,866. 07
591, 600. 00
587,180. 00
5, 631, 950. 00
139, 500. 00
373, 410.69
95,121.93
8 10,000. 00
12, 386, 950.00
120,000.00
16, 886, 192. 60
2, 8 14,107. 14
562, 000. 00
8, 527,683. 34
186, 500. 00
3, 646, 150. 00
16, 546, 734. 00
2, 342, 000. 00
1, 200, 300. 00
22,750. 00
3, 222, 500. 00
1, 139, 700. 00
518, 145. 32
272, 000. 00
1, 256, 500. 00
3, 739, 420. 16
1, 007, 645. 45
2, 276, 800. 00
7, 500. 00
11, 000. 00
154, 500.00
$589, 000. 00
88, 500.00
111,650.00
1,027,171. 67
2, 199, 738. 58
1, 468, 292. 90
331,500. 00
407,680. 00
1, 101, 805. 56
16,500.00
128,600. 00
24, 124. 14
115,000. 00
5, 050, 200. 00
95, 000. 00
6, 507, 390. 57
932,500. 72
11, 000. 00
2, 115, 302. 00
83, 000. 00
599,150.67
5, 690, 234. 00
291,000. 00
675, 123. 03
8, 050. 00
502,902.86
614,844. 65
101 ,500. 00
73,690. 50
616,200. 00
851, 926. 11
482,500. 00
1,416,000. 00
11, 000. 00
12, 000. 00
------- --------- ------ -- ---------127,500. 00
136, 203, 333. 73
42, 504, 464. 96
80, 597, 116. 61
$651, 500. 00
159,441.03
30, 000. 00
1, 548, 008. 00
3, 500, 783. 89
4, 453, 073. 17
232, 100. 00
176, 575. 00
3, 008, 244. 88
120,000. 00
244, 810.69
70, 997. 79
588, 000. 00
6, 629, 250. 00
25, 000. 00
9, 280, 802. ()3.
1, 725, 606. 4Z
412,879.61
5, 681, 592. 59
103,500. 00
2, 271, 167. 45
8, 799, 900. 15
2, 051, 000. 00
525, 176. 97
14,700.00
2, 513, 894. 31
522,015.35
406, 645. 32
173,309.50
568,490. 74
2, 499, 633. 27
497, 000.50
819,300.00
PUBCHASES OF PARTICIPATIONS IN LOANS TO INDUSTRIAL OR COMMERCIAL BUSINESS
[Under sec. 5d of the Reconstruction Finance Corporation A ct , as amended)
.I.Jablma .......•.. .• . .•. . .... .
6
3
1
2
6
2
19
3
6
6
1
8
5
~:;~;;:;:;;;::::;:
:~:ishke. ..... . . . .
: g~~~::::::::::::::::
2
1
3
11
3
13
1
6
3
(')
2
6
1
19
2
6
6
1
7
4
2
1
3
11
3
11
1
4
4
6
1
1
20
1
26
7
1
18
4
1
1
18
1
24
7
1
18
$215, 833. 33
$34,500. 00
112, 200. 00
40, 000.00
187,500. 00
187,500. 00
45, 000.00
8,333. 80
288, 500.00
148,500.00
44, 250.00
44,250.00
782, 850. 00
197,100.00
12,700. 00
6,700. 00
296,500.00
174,500.00
17, 500.00
100.,900. 00
12, 000.00
12,000.00
303, 333. 33
81,500.00
575, 000.00
16,666.67
54, 500.00
4,500. 00
70,000.00 --- ------------546,000.00
10,000.00
449,200.00
348,700. 00
200, 000.00
120,000.00
52, 610.00
258, 260. 00
10,000.00
10,000.00
69,050.00
8,000.00
103,742.50
50,492.50
93,750.00
93,750.00
20,000.00
20,000.00
752,100. 00
288,350. 00
100,000. 00 ------ - - ------- 433,306.38
762,000. 00
530,000.00
156,000.00
960. 00 --------- -- ----968, 500.00
320,500. 00
$81,333.33
7, 200.00
----- --- --16,------666.20
120,000.00
---- ---- 575,250.
---------00
6,000.00
60,000.00
58,400. 00
--- --------------221,833.33
308,333.33.
50,000.00
70,000.00
500,000.00
85,577.84
80,000. 00·
193,650.00,
------ ----------61, 050.00,
45,250.00
------------------------- 463,750.
------ ---00'
100,000.00
306,193.62.
374,000.00
960. 00
47i, 600, 0()
See footnotes at end or table.
Digitized by
Google
28
REPORT OF THE RECON STil UCTIO~ FINANCE COilPORATION
4. -Number of authorizations and borrowers, to which authon'zations were
made; and amount of authorizations, withdrawals or cancelations, and disbumments from Feb. 2, 1932, to June 30, 1937, inclusive , by States 1-continued
TABLE
P URCHASES OF PARTICIPATIONS IN LOANS TO IND USTRIAL OR COMMERCIAL BUSINES&-Continued
Number Number
of
or
authori• bOrrowers
zations
State
Oregon ....... . . . .. ...... . . ....
Pennsylvan ia ... ....... .. . .. . . _
Rh ode Island . .. . _. _... .. .... . South Dakota . . . _...••. . . •.. ..
Tennessee •. . . . . . . . .... . . -.•...
Texas ......... ..... . . . . . . . ....
Virginia ____ __ - - ------- - - - - - - - Washington .... ..... . ..... ..••
West Virgi nia . .. . . . ...........
Wisconsin ........ . .... ... . .. ..
Total. . ••.•••.......... .•
15
24
3
2
12
:!3
1
2
6
6
2
4
2
4
10
5
~
,i
6
5
264
244
Amount with•
drawn or
canceled
Amount
author ized
'
$1,447,500. 00
I. 486, 300. 00
701,000. 00
40. 850. 00
656,300.00
205, 000.00 25,600.00
287,500. 00
222, 500.00
286,750.00
13, 326, 929. 16
$849, 500. 00
613,000.00
4,000.00
35, 000.00
130,800.00
- ----- - - - - - - -25,600.00
195, 350.00
155,250.00
82,937.50
-
Amount
disbursed
$592, 000.1111
825, tlO.IIII
700, 000.1111
5, Sfilllll
525, 500.1111
5, 000.1111
------- --------···
88, 7;(),1111
4, 976, 696. 85
AGREE}I ENTS TO PURCHASE PARTICIPATIONS IN LOANS TO I~USTRI.AL OR COMM ERCIAL
67, 250.1111
193, 81250
7,266, 660. ll
B USINESS
[Under sec. 5d or the Reconstruction Finance Corporation Act, as amended]
.Alabama . .. . ...•............ . .
Arkansas . . . . ... . . ... . ....... .•
California .. . .• ......•....... . Connecticut •.• . ••......•..... •
Georgia ... . . . . . . . ..• . ....... . .
Illinois ...........•.....•. . . . ..
Indiana .... . ........ • •..•.. . ..
K ansas ... ... . .............. .. .
Kentucky ....... .........•. ...
Massachusetts ............ . . . .
Michigan . .•... . . ......•..... ..
Minnesota ..•......... ... . .. ..
Missouri.. .••............... ...
Montana .....• ............... .
Nebraska... . . ... . ..... . . .. . .. .
New J ersey ............. ... . .. .
New Y ork ..... ......... ... .. . .
North Carolina . .. ..... ... ... . .
North Dakota....•...... .. . .• •
Ohio .... . . . ... . . .•.•...... . ...
Oklahoma .... ....•.... ......•.
Oregon ... . . . . .. . ••.•••. . ...•.•
P ennsylvania . .•. . ...•... . .• • •
South Carolina .....••• .... .•..
Tennessee .............•....• . .
Texas .... . . ..... . ..•.•. ... .. . .
Vermont • .•... ..••.......... .•
Virginia . . ...... . ... .•..•......
Washington .... . ...••. .•. . .. ..
West Virginia . . .•..••....•....
W iscon sin . . . . ... .... ........ . .
Hawaii. ........ ... ...•.•.. . . ..
4
2
3
3
10
2
1
1
7
5
l
l
Total . ..•.•••••.....•..•.
124
115
2
7
5
1
1
2
14
4
1
10
1
1
7
3
5
2
1
1
12
2
3
4
2
3
3
10
2
1
1
7
5
2
7
5
1
1
2
13
4
1
7
l
I
ff
2
5
~
1
l
9
2
~
$89,200.00
$56,000.00
12.;,000. 00
125,000.00
324, 000.00
46,000.00
42,000. 00
29,472.32
$9,600.00
408,266. 66
358,166.66
21,000. 00
11,400.00
8,000.00
8,000.00
8,000.00
8,000. 00
a,1;o'.oo
513,500.00
273,564.30
83, 800.00
79,000.00
242,500.00
242, 500. 00
122,700.00
104,880.93
314,400.00
286,280.00
45, 000.00
60,000.00
11,900.00
3,500.00 ·•••·•····· ·· ·····
460, 350. 00 . . .. ••.•... .... ...
1,068,450. 00
275, 000.00
241, 942. 31 .... . . . . . .... ·····
600. 00
600. 00 ········ ······ -·-·
293, 554. 76
80, 000.1111
527,833. 33
100,000.00
38, 250.00
38,250. 00 ··············-· ··
373,800. 00
78,570.42 ···•········· ·····
1, 080, 250. 00 ------ "--- ------ -------- --------··
401,468. 74
105,091. 58 ······•···· ······•
12, 625. 00
12,625.00 ··········· ··--···
27,500. 00
27,500.00 ..••..•....
93,500.00
93,500. 00
..
262, 525. 00
31,875.00
590,500. 00
42,200.00
12, 067. 13
-·
46,000.00
12, 000. 00
20,000. 00
200,000.00
200, 000. 00 . ..• ........ -... -·
i, 297, 243. 73
3,470,340.41
150,825.00
TOTAL, SEC . 5e OF THE RECONSTf~~il?:DFINANCE CORPORATION ACT, .AS
[Loans on the assets or closed banks and trust companies]
California ... . . .. _... ..... .... .
Colorado .. .. . . ... .... ..... ... .
Florida.. ..... . .. .. _.. ..... .. -.
Illinois •....... •. . .. . •.. •.... . .
Indien a . . . ...... . .... . ......•.
Iowa ..•.... .... .. ..... ••... ...
Kansas .••••....•...•...... • •.•
Michigan ....•.... .. .....•••...
Minnesota . .................•.
Missouri . .... ... . ..•..•. ••..••
Nebraska . .. ......•...•• ....••
N evada ••.•.. . • •.••••• ••...•••
See footnotes at end of table,
3
2
1
2
1
9
2
18
10
1
13
1
~
2
1
2
1
9
2
17
LO
1
l3
l
$35,991.55
$508. 68
$35, 311'J.!°!
10,050.20
2,812. 00
7,2311."'1
1,100.00
680,585.03
76,049.67
604, 635.36
26,600. 00
4,100.00
22, 500.01
105,002. 20
29,546. 79
75, US, 41
24,500.00
1, 667. 40
8,332.111
12. 618. 140. 55
226, 445. 23
10, 426, 8411, 41
139,847.13
46, 845. 53
93, OOL Ill
14,500. 00 · ···••········ · ·
14, 500.0:
181,899.22
45,218.13
53, 68LO:
6,000. 00
6,000.00 ••• •••··· •· •••••••
Digitized by
Google
REPORT OF THE RECONS'l'RUC'l'IO
29
4.-N11mber of authorizations and borrowers, to which ·authorizations were
made; and amount of authorizations, withdrawals or cancelations, and disbursements from Feb. 2, 1932, to J une 30, 1937, inclusive, by States 1-Continued
T.1.BLE
=
-
F INANCE CORPORATION
TOTAL, SEC. 5e OF THE RECONSTRU C TION FINANCE CORPORATION ACT, AS
AMEND E D-Continued
State
New York . ••.••.••••• ..•... . ..
North Carolina ...•••• •••.••. ..
North Dakota ......•••.•••••..
Oklahoma ......•....... ••..•. .
Pennsylvania ...... . ...•••••..
South Dakota .. . ... . .....•.•••
Tew .........................
Wisconsin •••••••••••••••••••••
Total ... . .....•... . .... .•
Numbe r Number
of
of
aut hor!· bOrrower~
zatious
Amount
authorized
2
2
31
l
2
19
12
4
2
2
31
1
2
19
12
4
$16,922. 72
15,005. :JO
537, 593. 98
8,800.00
268, 000. 00
209,770. 41
194, 053. 11
101, 721. 08
136
135
15. 195. 992. 18
---
Amount w ith•
drawn or
canceled
A m ount
dis bursed
$2,691.22
--- --- 37,432.
----- ---14
427. 51
2, 955. 50
4, 370. 91
92,179. 79
86,146.93
---·- - 665. 397. 43
$14,231.50
15,005. 00
471,161. 84
8, 372. 49
265, 044.50
137, 313. 39
101, 873. 32
15, 574. 15
-----12. 368, 062. 80
TOTAL, EMERGENCY RELIEF AND CONSTRUCTION ACT OF 1932, AS AMENDED
:;
l'nerto Rico .......... -........
15
32
25
18
13
l
2
4
4
2
9
8
2
5
18
16
4
4
2
9
2
5
9
4
2
l
2
7
5
16
10
2
13
3
5
7
1
3
2
5
26
7
13
7
3
6
l
1
3
$4, 585, 688. 00
2,861,769.00
7,022,818.92
333,301,081.00
6, ~35, 223. 79
100,000.00
100,000.00
5,924,820. 10
1,801,692.00
1, 086, 566. 00
63, 284, 944. 00
6, 770, 042. 54
2, 161 , 130.00
4,413. 166. 20
13, 750. 122. 97
74. 058, 127. 00
I. 937,895.00
s 11,z;o.oo
350,000.00
23,032,040.47
3. 156,787.00
4, 444, 669. 00
5,716,929.00
2, 577,785.00
75,000.00
202,632.00
I, 616,603.00
5,656,195.37
6, 082, 503. 00
55, 518, 269. 65
7, 100,473. 20
598,768. 00
20, 786, 005. 00
4,870,579.8 1
3,882,915. 00
35,563,375.00
I, 123,590.00
4, 805. 770. 00
I, 908, 945. 00
16,086,075. 25
12. 450, 505. 85
3, 660, 739. 00
6,474, 154. 71
9, 089, 278. 37
9. 833, 218. 00
14,006, 675. 44
125,000.00
394, 935.00
2, 660, 000. 00
Lous'fotal............... .. ...
798
327
795, 206, 732. 64
6
3
Alabama ••••..•••••• . .. •.•••.•
Ari•.ona .•.•......••••.•. ..••••
. Arkansas
. . ....................
.
California . .••••••••••••••.....
Colorado .•.••••••••••.•...•...
Connecticut .••••• • ••..•.•••...
· Delaware... . ..................
::.• 5~·.::::::::::::::::::::::
lliinois . ••.•....••.•••.•...•••.
· Indiana . . . ....................
r ~::::::::::::::::::::::::
~ ~[~~~~~~~~~~~~~~~~~~~~~~
• Massachusetts ...••••••••••...
: i,}~~ta..•....••.••••..••...
- J:o~rpi.. ••.••••••••••••...
~ ~:;:Si!······················
• Nevada .......................
-~:: nE~~~:::::::::::::::
Xew York ......•.....•.......•
, orth Carolina ••.. . •....... • ••
•.orth Dakota •.•...•..... . ...•
Ohio...•••.•.••......•...... .•
e;~t.:===============
· South Carolina • •• • ••.•••• . ....
Sooth Dakota •••.••..•....••..
Tennessee ••..•••••••.•••. . •. ..
Tuas .••••.••••••••... •..... .•
~ : :=::::::::::
21
10
22
49
14
1
2
20
23
6
21
25
11
11
36
22
11
8
2
41
9
12
24
24
2
10
4
10
10
23
17
12
51
7
22
15
2
10
6
22
40
8
4
16
26
7
l
l
10
$299, 500. 00
13,500.00
1, 118,219.30
8, 564, 3!\4. 02
947,380.00
100,000.00
99,100.00
930,000.00
19,000. 00
$4, 286, 188. 00
2, 848. 269. 00
5,904.599. 82
225,114,639.49
5,387,843. 79
------------------
105,000.00
4, 308, 956. 58
2, 080, 651. 00
685,300. 00
725, 106.27
2,504,543. 17
178,000. 00
95,750.00
900.00
4. 994. 820. 1a
1, 782, 692.'lO
1, 086. 566. 00
58, 526, G94. l)()
5, 536, 830. 60
2. 151 ,430.00
3. 520. 638. 88
10,100,009.81
22, 672, 899. SO
912,267.96
611,230.00
211,396.29
22, 579, 637. 67
2,581,787.00
4, ~33, 919. 00
4, ;54, 789. 00
2,550, 170. 00
1.5,000. 00
202,632.00
1,616,603.00
5, 558. 858. 97
5, 773. 503. 00
49, 062, 925. 48
6. 577,964. 79
!i97, 688.00
20,195, 4 7. 28
4, 870, 579. 81
3,677,094. 29
35. 320, 312. 76
1, 123, 590. 00
4, 724, 770. 00
I, 803, 945. 00
11 , 777,118.67
9. 244, 854. 85
2, 975, 439. 00
5, 739, 048. 44
6, 584. 735. 20
0, 655, 218. 00
13,910.925. 44
503, 687.93
394, 935."00
2, 022, 068. 47
97, 685, 458. 77
595, 942, 415. 46
----------- ---4. 678,
250. 00
l, 233, 21 I. 94
9,700.00
--------------3. 642.
213. 16
52, 2%. 227. 2a
1,025,627.04
200,000. IJO
128,603. 71
452,402.80
575,000.00
110,750.00
962,140.00
27,615.00
60,000.00
------------------------------97,336.40
189,000. 00
6, 186, 344. 17
612,508.41
1,080.00
590,517. 72
--------------lOf, 820. 71
243. 062. 24
----- ----------81,000.00
-------------------------------
Par llnancing exports or
agricultural surpluses ••.
To Commodity C r edit
Corporation ••• •• .•••• • • .
14
Grand total. •••• • • • • ••
818
331
53, 370. 955. 22
33,146,368.56
20, 224, 586. 66
l , 222, 108, 664. 99
366, 244, 571. 68
646, 652, 689. 41
2, 070, 686, 352. 85
497, 076, 399. Ol
1,262,819,69 1. 53
Boe footnote3 at end of table.
Digitized by
Goog Ie
30
R EPORT OF THE RECONSTRU CTION FINANCE CORPORATION
4.-Number of authorizations and borrower,, to which authorization, were
made; and amount of authorizatiom, withdrawal, or cancelatiom, and di8bumments from Feb. 2, 1932, to June 30, 1937, inclusive, by States 1-Continued
TABLE
LoANS ON SELF ..LIQUIDATING PROJECTS
[Under sec. 201 (a), title II, of the Emergency Relief and Construction Act of 1932, as amended]
State
Number Number
of
of
borrowers
~~wi~.
Alabama.................... .. ......................
Arizona.................................. .. ..........
Arkansas.................................... ........
California........ .............................. ....
Colorado................ ................ ............
Connecticut............. ........................
Florida................................................
Georgia...................................... .. ........
Idaho ..................................................
llilnols.... ................ .. ..........................
Indiana..............................................
Iowa....................................................
Kansas.. ..............................................
[~~~1~~------=:::::::::::::::::
Maryland..........................................
Michigan...........................................
Minnesota..........................................
Mississippi............................ .... ......
Missouri............................................
Montana............................................
Nehraska............................................
New Hampshire............................ ..
New Jersey.................... ....................
New Mexico....................................
New York...... ....................... ............
North Carolina................................
Ohio.......................... ...... ......................
Oklahoma................ .. ........ ............ ....
Oregon........ .... ....................................
Pennsylvania..................................
South Carolina................................
South Dakota..................................
Texas..................................................
Utah....................................................
Virginia.......................................... ....
Washington......................................
~:':Jo!~fiE~~~::::::::::::::::
6
6
3
3
10
13
.5
1
7
10
2
2
l
7
1
7
4
1
3
1:
1
3
1
2
3
2
2
l
5
5
10
8
10
2
2
4
3
1
8
5
1
7
4
1
3
14
4
l
3
l
2
8
2
2
1
4
4
9
8
9
2
2
4
2
l
21
20
6
8
2
6
8
2
l
}
Wyoming..........................................
1
Puerto Rico......................................
1
Total .................... ................ .... ~
1
1
1
176
Amount with ..
drawn or
canceled
Amount
authorized
$221, 000. 00
$149, 500. 00
13,500.00
1,4 13,500.00
515,000.00
l, 463,851.92
310, 655, 700. 00
6, 097, 000. 00
2, 002, 233. 79
572,430.00
100,000. 00
100,000.00
1, 644, 930. 78
930,000.00
19, 000. 00
41,000.00
60,000.00 ................ ........ ........
7, 830, 723. 00
4,676,250.00
833, 000. 00
773, 000. 00
9,700. 00
~~'.~:~
820,000.00
1,519, 624.00
514,624.00
16, 063, 000. 00
1, 789,777. 20
59,850.00 ................................
75, 000. 00
718,841.47
575,000.00
575,000.00
325,000.00
50,000.00
996,140.00
954,140.00
207,000.00
27,000.00
75,000.00
60,000. 00
250,000.00
3,361.004. 37
85,004.37
189, 000. (l(J
5, 694, 600. 00
27,218,000.00
5, 087, 000. 00
592,473.20
l , 120,473.20
175,300.00
628,800.00
299,982.81
10,000.00
734,625.00
215,000.00
315,000.00
81,000.00
230,500.00
105,000.00
105,000.00
4, 278, 662. 85
2, 960, 650. 00
737,300.00
685,300.00
121,376. 00
2, 110, 225. 80
3, 026, 318. 37
2,476,318.37
3,000.00
3,000.00
40,000. 00
125,000.00
1, 300, 000. 00
399,217,487.36
30, 688, 243. 14
. ............
Amount
disbursed
$74,500.00
1, 400, OOl. 00
948, 851.9'l
204, 943, 818. II
1, 429, 803. 1V
714,930.78
22, 00). 00
60,000.00
3,074,473.00
60, 000. 00
..................ii1;iixi:oo
998,000.00
14, Z73, 2'l2.lll
59, 8/iO.OO
643, 84U7
275,000.00
42,000.00
180,000.00
15,000.00
250,000.00
3, 276,000.00
5,385, (!()1),00
21,862,000.00
528,000.00
453, 500. 00 '
299,982.81
724,625.00
100,000.00
149,500.00
1, 093, 012. &I
52,000.00
1,978,849. Ill
550,000.00
40,000.00
1, 300, 000. 00
268, 078, 362. 33
LOANS FOR FINANCING REPAIR OF DAMAGE BY EARTHQUAKE, FIRE, TORNADO, OR CYCLONE IN 1933
[Under sec. 201 (a) (6) of the Emergency Relief and Construction Act of 1932, as amended]
$7,500,000. 00
1
$639.00
1, 000, 232. 20 ---------------1
1
200,000.00
43,200.00
2
1, 6.50, 000. 00
Maine..................................................
4
990,627.04
130. 74
Tennessee .......................................... _ _ _1 _ 1 - -1- - • l - -100,000.00
- -.:..:..:-'-''-l ..- - -_:_:_..:.::..
1
Total........................................
13
6
10, 450, 232. 20
1, 034, 596. 78
California................ ..........................
Kansas................................................
Louisiana_____________________
6
1
l
$7, 499, 361.00
113, 704.88
156, 800.00
659, 372.96
99, 869. 26
8, 529, 108. 10
LOANS FOR FINANCING OF AGRICULTURAL CO:!.UlODITIES AND LIVESTOCK
[Under ~ec. 201 (d), title II, of the Emergency Relief and Construction Act or 1932]
Alabama ............ .. ............................ ..
Arkansas .......................................... ..
California ........ .. ...... .. ....................... ..
Colorado .... ................ .. .... .............. .. ..
Delaware .......................................... ..
Florido .. ............................................ ..
Georgia .......... .. ....................... .. ...... ..
Ullnois .............................................. ..
Indiana ............................................ ..
ti~1~~----:::::::::::::::::::
'.,
M aine ............ ........................ ............ ..
Maryland .................................. : .... ..
Massachusetts............ .. ........... .... ..
1
5
21
1
2
7
I
1
6
2
$150, 000. 00
725,000.00
5,063,750.00
500,000. 00
100, 000.00
393,377.32
15,000.00
10,500. 00
757,111.54
5, 501, 51 l. 97
50, 495, 000. 00
35,000.00
575,000.00
-2
350,000.00
1
5
16
l
1
2
1
1
3
11
3
11
l
5
2
10
1
$!W, 000.00
603,219.30 .............. $12!, ;it!0.'19
2, 466, 715. 02
2,589, 8211.38
374,950.00
125, 050.00
99,100.00
900.00
' 2,000.00
460, 21\. 94
3, 127, 589. 16
50, 452, 250. 00
35,000.00
200,000.00
138,603.71
See footnotes at end of table,
Digitized by
Google
393. 377.32
15, 000.00
8, 00(). 00
296, 8118. 68
2,373, ~.81
42, 750.00
375, 000.00
211, 396. 29
REPORT 01<' THE RECONSTRUCTION FINANCE CORPORATION
31
r,,~
1',J.BLdeE 4.- Number of authorizations and borrowers, to which authori zations were
•i ~
ma ; and amount of authorizations , withdrawals or cancelations, and disbursemeri!Jfrom Feb. 2, 1932, to J une 30, 1937, in clusive, by S tates 1- Continued
inll
LOANS
FOR FINANCING OF AGRICULTURAL COMMODITIES AND L IVESTOCK-Continued
Number Number
of
of
authori- borrowers
zations
State
~
!li~[t\/\I/t
·ew York ....•.•.• ·-··-··---··
·orth Carolina........ -·--- _
_ ·ortb Dakota .....•••... _____ .
HI Ohio ...................... ---·
:1 ll!gOD ••.••••••••••••• •• ••.. _.
ti Pennsylvania ............. --· -t
!!,
6
5
4
5
2
4
4
1
7
4
2
1
101
$505,000.00
60,750.00
104,000.00
2,500.00
285,000.00
1, 700, 269. 65
120,000.00
6,000.00
885,000.00
350,000. 00
31~, 500, 00
12, 610, 723. 25
219,551.00
8fl8, 624. 91
85,530.00
175,000.00
] , 571 ,31 3.44
1. 000, 000. 00
85, 539, 0 I3. 08
102
I. 222, 108,664. 99
l, 307,647,678.07
8
2
5
1
4
8
4
1
4
4
4
8
[~10:
~ ~:R~oo:::::::::::::::::::
Total.. ........ _· · ···- · ·· ~
- Loans:
I
To Commodity Credit
Cl
14
Corporation '-- ·-········
Grand total ..••....... _.
168
cl
"
~
·
~;.I
Amount
authorized
5
2
5
1
2
6
1
1
3
2
2
3
Amount withdrawn or
canceled
$377,402.80
60, 7,',(), 00
8,000.00
615. 00
11,432.03
1,099,344. 17
20,035.21
1, o~o. oo
400, ?17. 72
95,820. 71
28,062.24
4,308,825.84
20,000.00
603,730.27
28,224.80
175,000.00
95,750.00
503,687.93
65,947,617.85
366,244,571.68
432, 192, 189, 53
Amount
disbursed
$127, /i97. 20
-----------------96,000.00
1,885.00
273,567.97
600,925.48
99,964.79
4,920.00
484,782.28
154,179.29
290,437. 76
8,301,897.41
199, 551.00
264,894 . 64
57,305.20
---- -- ----------1,475, 563.44
362. 068. 47
19, 349, 946. 03
646,652,689.41
666, 002, 635. 44
AMOUNrs MADE AVAILABLE FOR RELIEF AND WORK RELIEF
,:,
[Under ser. 1, tit-le I, of the Emergency Relief and r-onstruction Act of 1932]
· ···············
. . ..............
. . .. .. . .. . . . ....
......... ···· · ·
. . . . . . . . . •. . . . . .
. . . . . . • . • . . . . . ..
.... ...... . .....
.. . . ... .. . .. . . . .
··· · ···· · ····· - ·
·······-- ··· ·· ..
·---······ · ·····
.. . . .. .. . . . . . . ..
······-······ - ··
...... . . .. . . . . ..
. . . . . . . . . •. . . . . .
. . . . .. .. . . . . .. . .
................
·· -···· ·· · ·· ·· ··
--······-· · ·····
. ....... .. . ... ..
.. .. .. . . . . . . . . ..
.. .. .. . . . . . . . . . .
........ . . ......
··········-··· · ·
. .... . ........ . .
$4,211,688.00
l, 448, 269.00
4,833,967.00
10,081, 631.00
3, 832, 990. 00
:l, 886, ,512. 00
l, 745, 69i. 00
I, 026, 56". 00
55,443,721.00
5,179, 931.00
2, 151,430.00
2,592,934.00
6,728,987.00
8, 200, 127. 00
2' 2, 895. 00
176. 380. 00
21, 80S, 199. 00
2,581,787.00
4,058,9 19.00
4, 6,6, 789. 00
2,368, 285. 00
262, 632.00
J, 366,603. oo
2,009,291.00
337,903.
~,:::::::; :j ! ]:iii /}ill\
00
]fflt~U~l~~i
j:
Jffi mi
,..
IA :-eue~~PShire... ..... ... ...
•e,rM .Y........... . ........
11
>e., v:,~co........
14
7
7
9
8
6
20
5
13
15
JO
7
9
6
6
2
30
8
8
16
21
10
3
1
5
1
1
1
1
l
1
l
1
1
I
1
1
1
1
l
1
1
1
i
$4,211,688.00
1,448,269.00
4,833,007.00
10,081.631. 00
3, 832. 990. 00
3, 886, 512. 00
I, 745,692.00
l , 026, 566. 00
M,443, 721.00
5,179, 93 1.00
2,151, 430.00
2, 592,934.00
6,728,987.00
8, 200, 127.00
252, S95. 00
176, 380. 00
21. 808, 199.00
2,581. 787.00
4, 058,919.00
1, 6M, 789. 00
2,368. 28,. 00
262,632.00
l, 366,603.00
2,009,291.00
387,903.00
ii~~~~~:::::::::::::::: J : !:m:Hl~ :=::::::::::::::
1
, ·~~~:: '.'.
? 1 \ .I~!i
1
-.. To L ·-·····--······-· - _ _4_4_2 ---44-
300,000.000.0()
oo
1.1, 001.00 --29-9.-9-84___99_9___
00
rootnotes at end of table.
14581-37--5
Digitized by
Google
'rABLE
4.- Number of authorizati ons and borrowers , to whi ch authori zations were made; and amount of authorizations , withdrawals or
cancelations, and disbursements f rom Feb. 2, 1932, to J une 30, 1937, inclusive, by States 1- Cont inued
cg:N.
(1)
0.
~
CJ
0
~
~
t..:>
TOTAL, AC T APPROVED M A R . 9, 1933, A S AMENDED
~
t:tj
!Loans on and su bscri ptions for preferred stock, and purchases of capital notes or debentures, o! banks and t rust companies]
'ti
0
State
0
w
Alabama • .• . . .. .....•.•••. • .•.• •• .• ..•....•. . .... • . . ...• . ... . . ... •·
Ari zona .•.•. .... . ....... . •. . . . . • . . . • . . . . . • . ....... . •......•..•...•.
Arkansas • •• ... . ...... ••• ..... •. •••.....•. . • .. ....•..•..•.•.•.•.•.• •
California .. . ..... ...•...•.... . •.... . •.• . ..........•. .. . •. ...•. • . . ..
Colorado ... .. ..........• .. • .. .... . •. •. •.... . . .. .. •• .. .•.•.....• . . ..
Connectic ut .......•...•..•• .......• . .....• •.. .. • . . •. . ...... . ..•.• . .
Dela w are .. .... . ..•. . . .• • . .... . •.....•..••• . . . .....• .... . ..•........
District of Colu m bia .•••. .. ........ .••...•.••.. •. .•.......•... . . . ..
Florida . •• . . ••... . .• . .. . .•..... • •.• . • . •.. . ...•..• •. .• • •.•... . . . •....
Georgia . •. ....... . •••. • ...•...••• • • . • • ... •.•. . .... . • •. • •. . . .•• . . ..••
lda ho . ... .•...... .. .••..• •. . ......•...• . .. •. ....•...• •..•.... ......
[]Jin ois . . . ....... ... ...• .• ...• . ..................... . • . • . •..•..... . .
Indian a . •..... . .......•...•.•........ .. • . • . .. . . ..• . . ..•.. •. ••..•...
Iowa .•• ..... ..• . ......•... •.•..... ..... . •. . . .. . ..•....•...•••••• •..
Kansas .• .. . .... ....•. ... . . . • . . . ........ .•..• • •• •· .•· •· ···· · ··· · ····
Ei~i;i~~r·::::::::: ::::::::::::::::::::: ::::::::: :: ::: ::::::::: ::::
M aine ...••• . • . ...• ..• •• ..••.••..•. • .•.... . • . • •....• .... .• . ... ••••..
M ary land . .. • ••..•. ...•.•. . .•.............•...•.. . ••...• . .... ...•..
M assachusetts . •.•......•••• . ......•.. . •. . .•...... . .........••.•....
M ichigan .. . ...• . ..• .• ...•••••.•....••. . .......••• • • .•.• •. •...... . ..
a1~1;1;i
=============:====:========:::::::::::::::====:=:==:::::=
M ontana .• •...• ......... . . .•. . . •.••.•. •. •••• . •. ••.• •.• ..•... . • . ••••
Nebraska .•••••• ..• . ..•••.• . . . •..•.•... . . ..•. . ..••.•.• •••• . . ..•• • •..
N evada .. • .•••• ...........• . ..•...•..•. .. . ..•. • .•.• . •.• ••• .. .... ...
New H ampshire .• . .. • . . . •..... •.. . • ..•..........•.•. ..•.••..•••. . ..
~:: ~~:;~o::::::::::: :::::::::::::::: ::: ::::::•:::: ::::::::::::::
New York ..• . . . ••.•. • .• .•.•...•• . . • •• .•••• . • . • • . .•. •..• ••.• .•• . .•. •
N ortb Carolina ....•. . .•. • •• .• ..•..•. •• .• •.. ...• • •.•. • .. •• . •.• • •••.•
North D akota .•. ...... . . •• ... .••.•.•••. ..•..•.••••.•..•.••••••• . .. .
Ohio ..... • . ...... ...•. . ... .........••• .......• . . ... . . ..• . . . . • ..•...
Oklahoma . .•... . .••.••. . .• ......•...••... ." ... • . . . . .• .• . •.•. . .•....
Oregon __ ______ _______ __ ___ -- - -- -- -- -- -- - - --- - - - ------- --------- - - - P e nnsyl v a n ia. ________ - ___________ - -- ---- - -- - -- --------- ----- ----- Rhode I s l and ___ ------ __ -------- -- - - -- . - - --- - - -- ----- -- --------- ----
Numbero! Number of Less: dupli• Net nu m•
.
Amount w ith·
autbor iza• borrowers
bo~~!~rs Amount au thorized drawn or canceled
cations 8
tions
146
152
457
81
84
7
6 .••.....•.. .
133
6
140
3
59 -- ---------43
I
14 -----------8 . .... . . . ....
52
7
1
96
29
I
247
2
305 ------- ----152
I
221 -----------135 ----------- 20 1
81
45
4
69
I
76 -------- --- 2
206
289
8
129
288
252
1
75
15
178
18
4 •·· · ···•· ·••
15 --- --------273
29
22
581
54
141 -----------1
140
2
435
6
57
460
386
56
-----------11
8
45
95
28
245
305
151
221
135
120
41
68
76
204
28 1
159
251
60
160
4
15
244
22
627
141
139
433
51
375
4
------------
97
6
139
151
63
87
15
9
63
IOI
35
257
344
155
232
144
204
46
77
94
222
314
289
281
76
761
4
15
342
25
668
61
6
------------
77
6
127
137
59
42
14
56
•
$16, 143,200
2, 455,000
5,365,500
58,373,070
5,040,000
8, GOil, 800
2,680,000
5,200,000
2,307,200
5,897,500
2,335,000
93,639,500
18,540,000
12,575,500
6,049,250
II, 182,500
16,572,000
II, 173,000
11,038, 130
20,031, 000
43,864,500
18,023, 125
15,368, 150
25,644,500
4, 11 7,500
9, 076,000
205,000
1, 363,000
83,485,300
1, 077, 500
389, 146, 150
8, 157, 600
4,494,600
00, 255,764
11,291,000
2,300,000
$289,625.00
25,000.00
1146, 500. 00
9, 870, 645. 00
136, 500.00
1,417,674.00
2, 112, 700. 00
2, 300, 000. 00
131,000.00
I, 062, 000. 00
205, 000. 00
3, 048, 385. 83
1, 823, 000. 00
2, 327, 500. 00
776,500.00
2, 302, 650. 00
I , 000, 000. 00
2, 017, 500. 00
1, 959, 960. 00
3, 356, 800. 00
3, 239, 839. 00
701, 100.00
I, 055, 000. 00
4, 875, 875. 00
87,000. 00
946,250.00
-------------------611, 365. 00
9, 513, 283. 93
362,500. 00
16, 005,544. 17
694, 000.00
490,000. 00
7, 133, 5?:7. 00
357,000. 00
100, 000. 00
10, 201, 7 63. 60
66, 246, R60
201,&)(). 00
l, 100, 000
•____ 1 __ !
1
; ;;; T
::0
Amount disbursed
f-3
0
':;l
$15,853,575.00
2, 430, 000. 00
4, 419, 000. 00
48, 502, 425. 00
4, 893, 500. 00
7, 192, 126. 00
567, 300.00
2, 900, 000. 00
2,176,200.00
4, 835, 500. 00
2, 130, 000. 00
90, 59 1, 114. 17
16,667,000. 00
I 0, 248, 000. 00
5, 272, 750. 00
8, 879, 850. 00
15,512,000.00
9, 125,600. 00
9, 078, 170. 00
16,674, 200. 00
40, 624, 661. 00
17, 322, 025. 00
14,283, 150. 00
20, 751, 125. 00
4, 030, 500. 00
7,907, 950. 00
205, 000. 00
751, 635. 00
73, 972, 016. 07
715, 000. 00
307,575,605. 83
7, 463, 600. 00
4, 004, 600. 00
92, 122, l<:17. 00
10, 934, 000. 00
1, 950,000. 00
4.6,~~: ~- ~
" l!.
dl~ . M',.il UH
f-3
tr:
t::J
::0
t:tj
0
0
z
Ul
f-3
::0
d
0
....f-3
z0
':;l
....
z
~
0
l::':l
0
0
::0
'ti
0
t:tl
;,.
~
~
!1:Et~~;:::::::::::::~
:::::::::::::::::::::::::::::::::
III!!!}!iiii!i!iiiiiiii!!!i!f!f/iiiii:
Tot.aL............. . ............................. ............
Subscriotions for oreferred stock of:
~
Grand t~t.al ...• .••....•••....• •... .•-..•...••....•.•...•••• ..\
See footnotes at end of table.
,. \
·•n \
"' I
Lij ....
.......... i.
~ :~ ; ;
-----·-······i·
1H
2
4
----·----
·•••••• 2·
2
8,521
1
•
I
-------404
7,227
1 1············1
I
8, 5~1
...... i.
7,
~
·•·•·•·••••• 1
404 1
• •, ,. .. , : ''-', I
" '· I
,. ,·:·:: ;,;;:, iai I
•o
..~• ,::~-~ •,-,; t(;
l~-.
128
133
442
44
!:a
t,1
"C
~
60
103
110
94
0
l%J
453
25
1
3
H
til
I
t,j
6,823
I
45,000,000 1····················1
1I
2,500, OGO 1···· ····· ··•··• ····· I
1
6,825
20, ~• 000. ~
2,
'000.
~
t,,j
C')
0
z
w
i-.
~
cj
0
....H
z0
l%J
z
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~
~
0
g
"'
0
~
....~
~
e,.,,
~
34
REPORT OF THE RECONSTilL'CTION FINANCE CORPORATION
4.- Number of authorizations and borrowers, to which authorizatiom were
made; and amount of authorizations, withdrawals or cancelations and disburse•
ments from Feb. 2, 1932, to J une 30, 1937, inclusive, by States 1- Continued
T ABLE
LOANS ON PREFERRED STOCK OF BANKS AND TRUST COM PANIES
(Under t he act approved Mar. 9, 1933, as amended]
N0r,.'~~r Number
or bor•
thoriza•
rowers
tions
State
Amount BU·
thorized
Amount with•
drawn or can•
celed
Amountdisbursecl
- - - - - - - - -- - - - ,- - - - - - - -1- -- -- -·1 - - - - - - - l - - -- Alabama . ••.. . .. .. ...... ....... .. ..
Arizona ______ ______ __ ____ ____ _---- -
Arkansas .. ... . . . . . . ...........••.. California . . . . ... . .... .. . . ..... . ... .
Connecticu t. ........ . . . .. . ........ .
Florida .. . . . . . . ... •.... . .. . . ..... . ..
Pd<;:>~t~·.·:::::::::::::::::::::::::::
Illinois . . . ... •.. .. . . . . ...... . .......
Iowa . .. ... . ... . . . . . . . ......••• ... ..
Kansas ... . . ... . .. .. ... -. ..... . ... . .
Maine .. ... . . .. . . .. . . .. . .... . ...... .
Maryland ...........•.... . . . ...... .
Massachusetts .. . ......... . ... . .... .
~~~i~k:::::::::::::::::::::::::
~::~~~f!>_i~::: :::::: :::::. ::. . ::::::::
. . ..... .
Montana ... ........... . .
Nebraska . .. ............. . ....... . . .
New Jersey . .. ..................... .
New York ..... . ..... . . .. .. . . . ..... .
North Carolina .. .. . ... . ........... .
North Dakota . . .. .. .. .• .•.•....... .
Ohio ..... . .. ....... . . .. .. . . .. .. . . .
Oklahoma .. . . .... _.. . . . . . . . . . ... __ _
Pennsylvania .. ........ .. . . ...... . .
South Dakota ....... . . . . . .. . ... _.. .
Tennessee .... ....... ... ........... .
T exas . ... . ... ..... . .. .. ... . .. -. -.. -
Total.. ... . . . .... . .. . .. . ..... .
7
4
1
4
3
1, 120
272
23, 374,755.00
9
1
7
7
12
42
15
2
I
1
1
2
4
5
12
2
22
1
I
1
689
73
5
I
7
I
88
3
3
2
2ll
51)
6
2
Virginia. _____ ____ ____ -- . - - - - - ---- --
West Virginia ..... ... . . ....... . . . . .
Wisconsin . . . . ........... -......... .
Wyoming .... . . ..... . ............••
1
I
2
4
I
3
2
8
I
1
1
106
29
42
3
1
1
6
12
I
2
5
1
1
3
2
$3, 180, 600. 00
50, 000. 00
549,500.00
3,071,050.00
309,800. 00
135,200. 00
25,000.00
25,000.00
12, 500.00
50,000.00
2S, 000. 00
573,000.00
30,630.00
506, 000. 00
437,500.00
175,625.00
22, 650. 00
I, 548, 000. 00
10,000.00
2, 8 I 1, 700. 00
4,929,050.00
2, 207, 150. 00
2S7, 500. 00
20, 000. 00
2,400. 00
791, 000. 00
410,550.00
6,100.00
300,000.00
451. 250. 00
20, 000. 00
200,000.00
83,000.00
11 5,000.00
19
I
I
- - - - ---- ------
$3, 148, 5;5. 00
$32, 025. 00
50,Wl.OO
. .. .. ...........
549,500.00
···· ··· ···· ·· ···
2,531,300.00
539, 750.00
149,800.00
160,000.00
134,200.
I, 000. 00
25,000.00
. •••.....• ... ...
25,000.00 ~
• .. .. .. •..• .....
12,500.00"
. ............ ...
50,000.00
. .......... .. ...
25, 000. 00
3, 000. 00
525,500.00
47,500.00
30,630.00
·· •·· • ····· • ····
500,000.00
. •• •. •. . . . . . •. . .
432,200.00
5,300.00
174,025.00
1,600.00
22, 6.50. 00
. •. . . . . . . . . . . . . .
1, 548, 000. 00 ...••..... .....
10,000.00
. . . ... . ... ......
2, 563, 000. Ill
248, 700. 00
3,226,950.1111
I, 702,100.00
I, 879,200.00
227,950.00
275,000.00
12,500.00
ZO, 000.
................
2,400.
··· ·• ·· · · ·· ·· ·· ·
526, 500.
264, 500. 00
383,450.
27,100. 00
6,100.
. . ··· · ····•·•••.
300,000.
· ·· ········• •· · ·
151,250.
300,000.00
15, 000.
5, 000. 00
200,000.
.. .... . .........
83,000.
• •.•••... ... ....
115,000. 1
. ....•.......•..
5,126,025.00
18,148,730.
SUBSCR IPTIONS FOR PREFERRED STOCK OF BANKS AND TRUST CO>IPANIES
.
[Under the act approved Mar. 9, 1933, as amended]
Alabama .. .. . . ....... . ... . ... . . .. ..
Arizon a ____ ___ ________ ___ ----- - -- ..
Arkansas . . . ... . . . . .......•......•• .
California . .... ..... . . . .. . ...... .. __
Colorado ... ... ....... . .. . ..... . . . ..
Connecticut. . .. ..... . ..............
Delaware . . ........... . .. . .. . ... .. ..
District of Columbia._. __ .... _. .. ..
Florida .. .. .. ...... . .. . .... ... ......
Georgia .. .. . . ....... ... .. . . .. __ ._ •.•
Idaho .. . .. . .. .... . . . . . ... ........ . .
Illinois . . . . ..... . . . ... . . ..... . . . ....
Indiana . . . .. . .. ... . . . . . ..... . . .. ...
Iowa ..• . ... . . ....... .. •.. •.. .. . . . .•
Kansas . .... ... ..... . . . ....... .. . ...
Kentucky . . .. ..... . .... .. . . ..... . ..
Louisiana . . . . . . ....... . . . . .. . .. ....
Maine . . ..... . ..... . . . .. .... . ... . . ..
Maryland . ...... _..... . .. . .... . ....
Massachusetts .. . .... ... .... . .......
Michi~an ... ........... . . . .. . .. •••..
Minnesota . .. . . ............... . . . ..
~i--======================= =
~:~~~~rMontana ................. . ....... ..
Nebras ka ......... . . ·.... .. ...... . ...
N evada. ______ ____ ____________ _____
New Hampshire . . . . .. . . . . ... . . .....
New Jersey ___ ___ ___________ __ ____ __
78
4
132
138
63
45
5
4
48
21
34"
149
62
154
230
144
102
30
17
82
219
109
153
100
50
52
4
15
266
$ 12, 962, 600. 00
1,565, 000.00
4
4,816,000. 00
126
50, 302, 020. 00
134
5, 040, 000. 00
59
8, 300, 000. 00
42
165, 000. 00
5
3, 400, 000. 00
3
2, 172, 000. 00
45
2, 522, 500. 00
20
2,3 10,000.00
28
85, 056, 000. 00
143
7, 84 7, 500. 00
61
12, 525. 500. 00
151
6, 021, 250. 00
219
11 , 182,500.00
135
10, 836, 000. 00
101
8, 160. 000. 00
29
3, 830, 000. 00
14
19, 525, 000. 00
73
42, 727, 000. 00
203
106- 13, 773, 500. 00
8, 965, 000. 00
152
10, 750, 000. 00
91
3,515,500.00
49
6, 007, 500. 00
52
205,000.00
4
1, 363, 000. 00
15
242
77,206,250.00
i5
$257, 600. 00
25,000.00
946,500.00
9, 330, 895. 00
136, 500.00
I, 257,674.00
27,700.00
2, 300, 000. 00
130,000.00
825,000.00
205,000.00
I, 348,385. 3
609,000. 00
2, 327, 500. 00
773,500.00
2, 302, 650. 00
425,000.00
1, 000, 000. 00
1, 182, 460. 00
3, 356, 800. 00
3, 234, 539. 00
400,000.00
495,000.00
895,375.00
77,000.00
672,550. 00
---------------611,365.00
7,061,183. 93
See footno1 es at end of table.
Digitized by
Google
$12,705,000. ,,
1, 5-10, 000.
3,869,500.
40,971,125. '4, 93,500.
7,0!2,3:111.
137,300
I, 100,000.
'
2,042,000.
1,697,500.
2, 105,000.
83,707,614.
7, 188,500. ~
10,198,000.
5,247,750. '
8, 879;850. •
10, 411, 000. I
7,160,000.
2,697, MO.
16, 168,200.
39,492,W.
13, 373, 500. ~
8, 4-10, 000. ~
9,847,125.
3,438,500
5,334,9;(). ~
205,000.
751, 63..1.
70, 145,066. •1
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
35
'fABLE 4.-Number of authorizations and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, and disbursements from Feb. 2, 1932, to June 30, 1937, inclusive, by States 1-Continued
StrescaIPTIONS FOR PRErERRED STOCK OJ" BANKS AND TRUST COHPANTES-Continued
Number
of authorizations
State
New Mexico _______________________
New York __________________________
North Carolina _____________________
North Dakota ________________ -----Ohio. ________________ -- - - - - - - - -- - - -
Oklahoma __________________________
Oregon. ____ . ________________ - - - - -- Pennsylvania _______________________
Rhode Island _____________ - --------South Carolina_____________________
South Dakota. _______________ ----- Tennessee.
_________ .----- - - - - -- - - - Texas ______________________________
Utah. ______________________________
Vermont ___________________________
Vimnia. ___________________________
Washinrrton. _______________________
ir:!i~!r~inia ______________________
~~~~ing:::::::::::::::::::::-::::
Puerto Rico ________________________
Virgin Islands ______________ -------TotaL _______________________
Suhseriptions for preferred stock of:
Export-Import Bank of Washimtton•----------------------Becobd Export-Import Bank of
Washington, D. c., __________
Grand totaL ______________
25
278
143
33
96
53
21
394
5
13
36
136
169
10
42
172
33
37
65
28
1
1
3
4,304
Number
of bor-
rowers
Amount authorized
$1,077,500.00
149,349,800.00
7, 870, 000. 00
2, 430, 500. 00
36, 984, 364. 00
88
10, 500, 000. 00
51
915,000.00
21
374
55, 836, 300. 00
1,100,000.00
4
1, 6!5, 000. 00
10
34
2, 973, 000. 00
13, 921, 550. 00
133
26, 360, 500. 00
161
I, 590, 000. 00
10
7, 770, 000. 00
42
12,743,000.00
163
3, 870, 000. 00
30
3,315,000.00
36
16,557,500.00
59
25·
1, 572, 500. 00
37,500.00
1
250,000.00
1
251,000.00
1
22
267
138
32
4,084
3
4,086
$362, 500. 00
7, 432, 594. 17
681, soo. 00
40,000.00
1, 686, 027. 00
92,500.00
25,000.00
10,174,653.50
201,500.00
90,000, 00
25,000.00
I, 662, 500. 00
3, 140, 125. 00
265,000.00
---------------2, 063, 350. 00
1, 130, 000. 00
119,933.34
1, 445, 400. 00
320,000.00
Amount disbursed
$715,000.00
134, 742, 205. 83
7,188,500.00
2, 390, 500. 00
35, 298, 337. 00
10,407,500.00
800,000.00
45, 611, 646. 50
898,500.00
1, 555, 000. 00
2, 948, 000. 00
12, 259, 050. 00
23, 220, 375. 00
1, 325, 000. 00
7, 770, 000. 00
10, 679, 650. 00
2,740,000.00
3,195,066.66
15, 112,100.00
1, 252, 500. 00
---------------250,000.00
37,500.00
126,000.00
125,000.00
782, 021, 634. 00
73, 547, 760. 77
701,161,373.23
46, 000, 000. 00
----------------- --- ------- ----
20,000,000. 00
73,547, 760. 77
723, 651, 373. 23
2, 500, 000. 00
4,308
Amount withdrawn or canceled
829, 521, 634. 00
2, 500, 000. 00
PURCHASES OF CA.PITA.J. NOTES OR DEBENTURES OF BANKS A.ND TRUST COMJ'A.NIES
(Under the act approved Mar. 9, 1933, as amended]
1
1
10
5
78
107
282
102
12
55
1
183
135
180
25
20
3
302
116
359
4-0
32
101
288
34
19
81
66
466
3
3,097
57
393
3
$840, 000. 00
5, 000, 000. 00
2, 515, 000. 00
1, 800, 000. 00
3, 350, 000. 00
8, 571, 000. 00
10, 692, 500. 00
5, 736, 000. 00
2,440,000. 00
7,127,500.00
700,000.00
4, 074, 000. 00
6, 380, 500. 00
13, 346, 500. 00
592,000.00
256,800.00
1, 350, 000. 00
237,589,200.00
2, 044, 000. 00
62, 269, 000. 00
1, 385, 000. 00
1, 286, 800. 00
1. 543, 000. 00
9, 503, 000. 00
2, 720, 000. 00
8, 02,5, 000. 00
3, 626, 500. 00
3, 431, 000. 00
21, 234, 500. 00
I, 250, 000. 00
2,871
430, 678, 800. 00
1
1
9
5
75
103
244
100
12
54
1
175
135
160
25
20
2
272
107
346
35
30
94
280
34
18
80
---------- ---------- ---- - ----$2, 085, 000. 00
---------------237,000,00
1, 700, 000. 00
1,214,000, 00
635,000.00
1, 000. 000. 00
777,500.00
---------·
-----299,500.00
560,000.00
2, 432, 500. 00
10,000.00
25,000.00
7S0,000.00
8, 4.%, 000. 00
450,000, 00
5,447,500.00
75,000.00
70,000.00
59,000.00
1, 750, 500. 00
60,000.00
---------------302. 000, 00
415,000,00
3, 282, 500. 00
---------------32, 062, 000, 00
$840, 000. 00
5, 000, 000. 00
430, 000. 00
1, 800, 000. 00
3. 113, 000. 00
6, 871, 000. 00
9, 4 78, 500. 00
5,101,000.00
1, 440, 000. 00
6, 350, 000. 00
700,000.00
3,774,500.00
5, 820, 500. 00
10, 904, 000. 00
582,000.00
10,000.00
600,000.00
170, 954, 200, 00
I, 594,000.00
66, 821, 500. 00
1, 060, 000. 00
1, 216, 800. 00
1,484,000.00
7. 752, 500. 00
2, 670, 000. 00
8, 025, 000. 00
3, 324, 500. 00
3, 016, 000. 00
17, 952, 000. 00
1, 250, 000. 00
339, 935, 000. 00
SfE footnotes at end of table.
Digitized by
Google
36
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
4.-Number of authorizations and borrowers, to which authorizations were
made,· and amount of authorizations, withdrawals or cancelations, and disbursements from Feb. 2, 1932, to June 30, 1937, inclusive, by States 1-continued
TABLE
TOTAL, SEO. 36, TITLE II, OF THE EMERGENCY FARM MORTGAGE ACT OF 1933, AS
AMENDED
[Loans to drainage, levee, irrigation, and similar dbtricts, etc.]
Number Number
of au•
or bor•
thoriza.
rowers
tions
State
Arizona .•••••..•••.•... .•.......•••
Arkansas .••••••••...•..........••••
California •• • ...•..•...........•.••.
Colorado . ••.•..... •.... . . .•.....•••
Florida.. •••••.•................•.•••
Idaho ••••••.•.•..•..•..........•••.
Illinois •• •.•••.•. •••••••••••..••••••
Iowa ..•••.•.•.•.•..•....•.•...•••.•
Kentucky .................•...•.••.
Louisiana .•..•............. .....•••
Minnasota ......................•.•
Mississippi. .........•.•....•••••• .•
Missouri. .••............•.....•.•..
Montana ............•.•...•.•••.•••
Nebraska•••.....••.••••.•...••••••.
Nevada ...•••.....•.•.•.•.•...•••••
New Mexico •..........•..•.....•••.
North Carolina •.....•.•....••••.•.•
Oregon ..•.............•...••••••••.
South Carolina •.•...•.•.•..•.••••••
South Dakota .•••.•.•.•..••• •••••.•
Tennassee •.••.•.•••.•.•.•.•.•••.•..
Texas .•••.... .. .•..••.........•••••
Utah .•••..•...•.•.••••.••..•.•••••.
Virginia .........•.•••.•••••..••••••
9
105
92
48
44
• 41
65
;:=~~.~::::::::::::::::::::::::
Wyoming •••..••••••.••....••.•••..
26
Total. ••••••..••.•••••••••••••
1
2
6
6
5
55
12
2
17
1
2
$13, 772, 953. 77
13, 177,302.96
47,910, 114. 41
4, 868, 841. 35
8,812,447.01
• 2, 640, 169. 76
3, 592, 048. 37
383,500.00
91,932.45
1, 468, 933. 77
302,500.00
5, 4.26, 235. 56
7, 900,314.38
1,571,249.31
1, 690, 640. 00
969,433.00
886,307. 76
38,000.00
• 2, 963, 736. 46
280, 160.00
156,100.00
110,300.00
14,915,661.94
637,500.00
136,200.00
1,374,495. 70
22,000.00
43,900.00
881
016
136,142,977.90
11
3
20
1
107
88
21
11
6
10
1
• 43
6
6
6
90
16
2
7
84
Amount au•
tborized
53
31
34
• 27
41
7
3
18
1
71
73
14
9
4
9
1
123
Amount with•
drawn or can•
celed
Amount dis·
bursed
$2,875.59
1,815,419. 64
7, 366, 986. 75
1, 549, 053. 85
78,974.36
777,750.86
789,056.96
183,000.00
21,000.00
570,522. 92
302,500.00
596,783.28
972,956. 79
519,932.36
125,852.94
434,856.94
9,807. 76
1,000.16
94,919.89
119,571.63
6,000.00
16,000. 00
896,451.14
119,500. 04
200.00
253,050.00
$3. 063, 070. 97
7, 503, 211. 48
22, 37 5, 003. 02
2, 646, 505. 00
17, 624, 033. 86
73, 489, IM!S. 61
-------------------------------
3, 196, 593. n
1, 382,972.31
1,998,309.51
193, 735.28
33, 663.66
744, 048.61
4,457,936.34
5,591, 386.61
1,017,473.12
1, 402,787.06
534,576.06
790,885.81
36, 999.Sl
2,792, 027.93
124, 928. 31
150,100.00
91,193.64
11, 761, 763. 63
315,487.69
136, 000.00
1, 115, 028.81
33, 400.00
TOTAL, ACT APPROVED 1UNE 10, 1933, AS AMENDED
[Loans on, and a subscription for, preferred stock of insurance companies]
Kansas .. ·-· ··· · ···········-· ······
Maryland...... . ......... . .........
Michigan.... ..... ................ ..
Minnasota.... .............. ....... ..
Missouri................ . ..........
NewJersey.. .......................
New York .•....••..... _. . ..........
North Carolina..... ................
TotaJ..... . ...................
2
1
1
1
1
1
1
1
3
1
1
1
1
1
1
12
10
4
$100,000.00
22, 350, 000. 00
4, 125, 000. 00
100,000. 00
150, 000. 00
4,000, 000.00
3, 500, 000. OD
50,000.00
... • ...•.• . •.•.•
.. ..... . ...• ... .
...•.. .... .. . . ••
.. .•......... • ..
• •......... •....
........ ..• • ....
.• .• . • . • . . . . . . . •
.•.•...•.•.• ...•
$100, 000.00
22, 350, 000.00
4, 125, 000.00
100, 000. 00
150, 000.00
4,000, 000. 00
3, 500, 000. 00
50, 000. 00
34, 375, 000. 00 .... .•...•.•...•
34, 375, 000.00
- - - -1-- - - · l - - - - - - 1 - - - - - - 1 - - -- -
LOANS ON PREFERRED
STOCK OF INSURANCE COMPANIES
[Under the act approved June 10, 1933, as amended]
Maryland ••••••.•••..••••••.• ••••••
Michigan•••..••.•••...•.•...•••• •••
2
New Jersey •••.• •••.....•••..•••••••
New York .•...... .•••.•••...•••..••
North Carolina....•...•..••.•••..•.
1
1
1
1
1
3
1
1
1
1
1
1
$22, 350, 000. 00
4, 125, 000. 00
100, 000. 00
150, 000. 00
4, 000, 000. 00
3, 500, 000. 00
50,000.00
$22, 350, 000. 00
4, 125, 000. 00
100, 000.00
150, 000. 00
4, 000, 000. 00
3,500, 000. 00
50,000. 00
Total. •.•.•••.•.•...•...•••••.
11
9
34, 27 5, 000. 00
34, 275, 000.00
tl~~:lta..........................
4
See footnotes at end of table.
Digitized by
Google
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
37
4.-Number of authorizations and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, and disbursements from Feb. 2, 1932, to J une 30, 1937, inclusive, by States 1-Continued
TABLE
SUBSCRIPTION FOR PREr.&RRED STOCK OF AN INSURANCE COMPANY
[Under the act approved June 10, 1933, as amended]
Number Number
of au•
of bor•
thoriza• rowers
tions
State
Amount au•
thorized
R:.ansas .............................
$100, 000. 00
Total.. ..•...•••.•. ••. ·------ ·
100,000. 00
1
Amount with•
drawn or can•
celed
Amount dis•
bursed
$100, 000. 00
------------- ---------------- --
100, 000.00
TOTAL, ACT APPROVED APR. 13, 1934, AS AMENDED
[L oans to finance the repair of damage by earthquake, flood, or other catastrophe in 1933, 1934, 1935, and 1936]
4
52
1
154
20
144
20
9
9
123
81
1
120
11
1
24
1
2
206
2
$2, 150, 000. 00
$897,170.00
$1,252,830.00
142,945.00
47,770. 00
91, J 75. 00
50,000.00 ············ · •··
11 ,541.00
1, 379,000.00
277,694.65
834,175. 35
24,250.00
15, !,00. 00
8, 450. 00
24,600.00
13, 000. 00
11. 000. 00
325,159. 00
258, 335. 00
66, 824. 00
202, 950.00
9, 549. 02
128, 000. 98
150,000.00 . • . • . . .. . . . . . . . .
105, 635. 00
42,950.00
19, 478.86
23,471.14
500. 00 . . . .. . ........ .
500. 00
17,625.00
53, 697.00
27, 572.00
10,500.00
10,500.00 •• ...... .. . ...•
4,900.00 •• ·• ············
4, 900 00
1,034, 787. 75
390, 065. 00
623, 222. 75
140,000.00
70,000.00
20, 000. 00
27,650. 00
6, 700. 00
20, 950. 00
1
51
1
77
l
11
1
21
1
2
199
1
4
3
696
663
5,763,888, 75
3, 229, 747. 22
2,034, 187. 53
TOTAL, SEC. 14 OF THE ACT APPROVED JUNE 19, 1934, AS AMENDED'
(Loans to borrowers engaged in the mining, milling, or smelting of ores]
Total.. .. ..... ____ - · · · -· ····· ·
33
32
10
2
2
8
12
2
5
1
1
1
2
1
9
30
10
2
2
8
12
2
4
1
1
1
2
1
7
$1, 69 1,500.00
2, 465, 500. 00
735,000.00
24,000.00
240,000.00
730,000.00
3,365,000. 00
41,000.00
428,500.00
20,000.00
20,000.00
20,000.00
22, 000.00
20,000.00
975,000.00
121
111
10,787,500.00
28
$1,167,000. 00
660,000.00
535,000.00
10,000.00
240,000.00
$200, 500. 00
926,000.00
63,000.00
14,000. 00
--------------478,000. 00
3,095, 000. 00
20,000.00
401,000.00
I0, 000.00
20,000.00
20,000.00
21Q,OOO. 00
21,000. 00
15,000. 00
6, 238, 000. 00
2, 597, 500. 00
--- -- -- -- ---------------- ----- --- ------------------------- - -- -- -- ----- ------ ------ ---55,000.00
670,000.00
T OT AL, SEC. 16 OF THE ACT APPROVED JUNE 19, 1934, AS AMENDED
[Loan to
8
public-school authority for payment of teachers' salaries due prior to June 1, 1934]
I
Dlino: · · ······· ··------··· · · · · · · · · 1 - 11 - 1 $22,500,000.00
otal.. ... ..•• ____ •••·•··•··· ·
1
1
22,500,000.00
I
$200,000.00
200,000. 00
I
$22,300,000.00
22,300,000. 00
See footnotes at end or table.
Digitized by
Google
38
REPORT OF THB HECOXSTRUCTION FINANCE CORPORATION
1
4.-Number of authorizations and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, and disburse•
mentsfrom Feb. 2, 1932, to June 80, 1937, inclusive, by States 1-Continued
TABLE
TOTAL, ACT APPROVED AUG. 24, 1935
ILoans to orfor the benefit of tax•supported public•school districts, or other similar public-school authorities
in charge of public schools]
Number Number
of au•
of bor•
thoriza•
rowers
tions
State
Amount au·
thorlzed
Amount with·
drawn or canceled
Amount dis•
bursed
---- ----
Arkansas .•.•.•••.••••••...••.......
Texas .•..••.•...•.•.•..•...........
:;Ml
~
6
6
$1,123,800.00
883. 000. 00
$28i, 300. 00
210,500.00
--------------·
Total.. ..•..•.•.•..•.•.••••...
26
26
2, 006, 800. 00
49i,800. 00
75,9~.47
$75,9il.17
1 "Borrowers, etc.'' include applicants to whom loans have been suthorized and institutions in connection
with which purchases of preferred stock, capital notes or debentures have been authorized. With respect
to loans on preferred stock, the figures represent the number of institutions on whose preferred stock the
corporation authorized loans.
• These authorizations are not inclnrled in the State totals shown above, because the operations of the
borrowers, etc., ordinarily arc not confined to any one State.
• Includes 12 authorizations in connection with refinancing of loans previously made by the corporation
to Federal land banks.
• Includes $19:l.f>l~.ooo representing refinancing of loans previously made by the Corporation to Federal
land banks !or different individual amounts, but in the same agg-regate amount.
'In addition, upon certification by the Federal Emergency Helie! Administrator, under the Federal
Emergency Relief Act or 19:33, the Corporation disbursed $1Y9,650,000 for reiie!, as shown in table 4, p. 20;
and disbursed $349,880.89 to the Federal Emergency Relief Administrator for expeuses necessary to carry
out the provisions of the above act.
• Revised.
' Does not include one borrower in California, inasmuch as the Corporation had previously authorized•
loan to this borrower under soc. 5d of the Reconstru,,tion Finance Corporation A.ct, as amended, and this
borrower is included in the number of borrowers under that section.
• Duplications in the mtmber of borrowers, etc., arise in cases where the Corporation makes authoriza·
tions to a bank or trust company under more than one of the classifications under sec. 304 of the act approved
Mar. 9, 1933. as am ,nded.
'Classified by States acoording to the location of the property of the borrowers.
•
Digitized by
Google
-
TA u L E
5.- L oa" ai,d other aut1,ori:zatio11s,
by character of j,
I
.......
"'
Authorized
8, elc.,I from Feb. 2, 19$2, to June so,
,vith d rawo or
cancclod
Disbursed
19S7', inclusive
Repaid
1
i,,
outstanding as of
June 30, 1937
r
!
:::0
J
t ld 1n the reorganization or liquidation of closed banks:
'°°~o ~e~ivers, liquidating agents,_ and conservators.• ________________ ______
Through mortgage loan compames••.• _____ •.•• _______ •• ________ _____ ____
sec. oe of the Reconstruction Finance
On assets of closed banks, under
ColJ)Oration Act, as amended .••• ____________ .•.• _______ ______ _______ --
0
$1, 158,735,829. 74
119, 383, 484. 20
$265, 678, 866. 39
17, 3.58, 483. Tl
$826, 128, 332. 72
100, 523, 521. 25
$770, 255, 082. 14
74, 892, 326. 15
$56, 873, 250. 58
15, 195, 992. 18
665,397.43
I 2, 368, 062. 80
11, 162, 308. 37
1, 205, 754. 43
25, 631, 195. 10
I, 293.-315, 306. 12
283, 702,737.09
939,019,916. 77
856, 309, 716. 66
82, 710, 200. II
for preferred stock ______ __________ ____________________ ____ _____
s,1bscript1ons
11rchases of capital notes or debentures __ ___________________________ _____ ___
1,339,331,128.65
23,374,755.00
829, 521, 634. 00
430, 678, 800. 00
I 96, 368, 464. 55
5, 126, 025. 00
73,547, 760. 77
32, 062, 000. 00
1,142, 893,429. 19
18, 148, 730. 00
723,651,373.23
339, 935, 000. 00
1,034,966,809. 74
6, 005, 290. 62
274, 840, 074. 72
186,946,488.02
107,926, 619.46
12,143,439.38
448,811,298.51
152,988,511.98
Total, banks and trust companies•----------------- ---------- ---- -----
3, 916, 221, 623. 77
590, 806, 987. 41
3, 1133, 648, 449, 19
2, 359, 068, 379. 76
804, 580, 069. 43
Total, to aid in the reorganization or liquidation of closed banks •. ___
---------- --------- ---------- ----- -------- __ _
L oans to open banks' __________
___ ___________________ _________ __
L ~ans on preferred stock_________ ___________
p
I >ans to receivers __ ______ ______ _____ _________________________________________
L mns to otbers_ ------ ---- -- -------------- --- -------------- __________________
Total, building and loan associations __________ ___________ ____ __________
INSURANCE COMPAN IES
_________ ____________ ___ _________
L ,ans-direct __ _____________________________
L
s :~~?;tl~';~::~~esf~~~!ct-stock:::::::: :: ::: : : : : : :: : : : : :: :: : : : : :: : : : : : : : : : : : :
Total, insurance companies ____________ __ ____________ ____ ____ __________
25, 14 I, 957. 84
122,101,974. G6
21, 495, 729. 25
7, 354, 653. 98
2, 283, 574. 66
114, 718, 749.88
I, 822, 652. 02
113,103, 327. 17
460,922.64
I , 615,422. 71
147,243,932.50
28, 850, 383. 23
Jl 7, 002, 324. 54
114,925,979, 19
2, 076, 345. 35
13,331,441. 86
80, 675, 4 ,6. 42
34,275,000.00
100,000.00
85, 972, 848. 27
6, 400, 069. 45
3,702,568. 15
27,874,930.55
100,000. 00
I 03, 006, 858. 28
34, 275, 000. 00
100,000.00
137,381,858.28
--------- ------- --------------- -------13,331,441. 86
124,050,416.42
-------------------92,372,917. i2
31,677,408. 70
MORTGAGE LOAN COMPANIES 4
(1)
Q_
-
__ _________________ . __________________ . __
J mns-direct _______________________
~
1 Jans to The RFC Mortgage Co_·---- --------- ----- -··-·-------------------
C"'J
s 1bscription for stock of other
0
-
~
rv
Mortgage Co ____ ·---- -·- · ---- --- -- ------s 1bscription for stock of The RFC
mortgage loan companies ________ _____________
Total, mortgage loan companies •---- -------- ---· ------------ ------- --See footnotes at end or table.
1-3
~
ti'l
:::0
tg
0
0
z
r:n
1-3
:::0
q
330, 038, 404. 96
48,718,521. 62
25, 000, 000. 00
I , 750,000.00
405, 506, 926. 58
29,567,931.48
--- ---- -- ------------ ----------------I, 250, 000. 00
30,817,931.48
"'z.....
0
"'J
.....
z
~
0
tg
0
0
CJ
;:;·
"'J
0
BUILDING AND LOAN ASSOCIATIONS
cg:
0
1-3
00
BANKS AND TRUST COMPASJES
t=1
"ti
225, 956, 384. 20
37,004, 759, 16
25, 000, 000. 00
-------- - ----------287,961, 143, 36
156,406, 191. 11
13,718, 521. 62
"ti
0
117,836,430.63
1-3
.....
0
--------- -- ------------ ------- -- ---- --- -------------- -- --- 170, 124, 712. 73
:::0
69, .550, 103. 09
23,286,237. 54
25, 000, 000. 00
:::0
;,.
z
C,:)
co
TABLE
5.-Loan and other authorizations, by character of loans, etc., 1 f rom Feb. 2, 1932, to June 30, 1937, inclusi11e--Continued
or
I Withdrawn
canceled
Authorized
Repaid
Disbursed
Outstanding as of
June 30, 1937
I
~
0
~
~
'"O
0
AGRICULTURAL FINANCING INSTITUTIONS, ETC.
Loans 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_ .. ... .............. _..... _......... .. . .
Loans for finan cing exports of agricultural surpluses . ...... ... . . •.. . ...... ....
Loans for financing agricultural commodities and livestock .................. .
Total , agricultural financing institutions, etc ........................... .
RAILROADS
L oans to receivers and trustees ..... .....•.... .•. •. ..• .. .......•.... .. . .......
Loans to others ........................... ... .. •.•....... ...... . ..... . .......
0
cg:
N.
(1)
Q_
~
CJ
0
~
~
Total, railroads_ ...........•........•.. _..•.•........ .... . .............
$12, 400, 000. 00
' $399, 636, 000. 00
9, 250, 000. 00
178, 840, 452. 48
I, 222, 108, 664. 99
23, 500, 000. 00
24, 221, 572. 68
6, 120, 867. 50
14. 758,827.88
53, 370, 955. 22
85,539,013.08
1- - - - -f-2,011,346,353.92
I
-- ------------- ---5,596, 811. 76
I
366, 244, 571. 68
20, 200, 000. 00
5,694,158.61
477,249.37
1, 657,229. 19
33, 146, 368. 56
65,947, 617.85
511, 364, 007. 02
$387, 236, 000. 00
9, 250, 000. 00
173, 243, 640. 72
646, 652, 689. 41
3, 300, 000. 00
17,005,857.47
5, 643, 618. 22
13, 101, 598. G9
20, 224, 586. 66
19, 349, 946. 03
I
1,295,907,937. 20
1====1====1====1,
I
24. 665, 960. oo
613,93 1, 835.00
I
844. 791. 00
105, 548, 764. 89
I
oo I
106, 393, 555. 89
I
$13,757,474. 18
0
......,
125,000. 00
300,663.58
46,895.99
1,301,754.64
t'l
I, 230,416,245.96
65,491,691. 24
I, 233, 356. 00
176, 573, 030. I 7
22,587,813. 00
33 1,732,039. 94
532, 126, 239. 11
177,806,386. 17
354, 319, 852. 94
23,821,169. 00
l = == = = = l == = = ==r-= = = = = I = = = = = = ~ = = = = = =
BUSINESS CONCERNS
Loans to industrial or commercial business:
Direct (including participations) .........••.. •. . •.•••••.• ···••···••······ 1
Through banks...... .......... .. . .. ........... . ..... .............. ......
Through mortgage loan companies...... .... .......... .. ...... ... .... ... .
Fishing industry under sec. 5 of the Reconstruction Finance Corporation
Act, as amended..... .. .... .. ............................ . .......... . ..
Loans for mining, milling, or smelting of ores......... ... . . ....... ..... ... . ..
Loans to processors, or distributors subject to processing taxes ........... ....
156,827,506.62 1
167,500.00
16,422,275. 00
I
807,100.00
10,787,500. 00
26,089.27
I
185,037,970.891
SELJ'·LIQUIDA TING PROJECTS
Loans-total •..•.••.. . . •••••••• .•••.•..•••.••.•.•. . •...•• ..••••.••••••••••••• J
DRAJNA.OE, LEVEE, IRRIGATION, AND SJ.MILAR DISTRICTS
Loans-total--------------------------------------------------- ------- ----- --1
~
ti::
~
l"l
0
0
z
Ul
~
~
cj
0
,-3
.....
0
z
50,951 , 502. 22
52, 8 38. 65
88, 014, 601. 76
70, 549, 182. 37
10, 720, 439.85
114,661.35
5, 701, 835. 15
2,700,540. u~
77, 9 00.00
6, 233, 000. 00
11, •1. 21
704,f/76.00
2, 597, 500. 00
14,718. 06
a:
399, 217,487.36
577,671. 68
1, 879, 805. 7ij
--------1--------1
,051.93
97, H7, 391. 32
I
Total, business concerns...............................................
~
----- ---------------------------------4 7, 383, 000. 20
------ -------------2,576,002.65
508, 305, 070. 11
- - -1 - - - - - 1 -- -
638, 597, 795_
$373,478,525.82
9, 250, 000. 00
173, 243, 640. 72
599,268, 789. 2 1
3, 300, 000. 00
lo, 329, 854. 82
5,518,618. 22
12, 800, 935. II
20, 177, 690. 67
18,048, 191. 39
I
I
·--·- -I
130, •1 ..·~ vT1.
vo _L
·- '.--•• .·--· - -r
68,047
1------76,716,199. 6ti
ll=======I
I
I
I
30,688 ,243.14
268, 078, 362. 33
1
1
73,
088. ""
67
•- -489,
-~ •-
·J.1. --·-,
o.- 033.
--~-- 88
~-
.:: ..... ,·.:· . .. _.- (
-
• C _::::·.,
,
':":: :'" I
......,
.....
z
z
0
>
t'l
i= = = = = ==
0
0
=ti
,=======
g
I
i
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>
, _n,w,_ 837. oo
72,424,260.77
::,, -.; ...::::.: :··--
;..-,
" '"· . . . . .... . .... I
11arA l lll or DA M .AO •
BT IC AR TU Q U A X'S ,
r1..00 0 .
• •. .•• •. · -• . - ·· I
...
· - ~-- ·-·- · ·- 1
&TC.
LoftDf!I to repa ir da.mo.ge Jo 1033 • • ---------- - ------ - - - - - ------- - --- - -- - -- --- - -
+~ ~~~:!~~:.~~~~~~.~.~~~.·.:::::::::::::::::::::::::::::::::::
Loft.ns c.o repo.lr damage lo 1933, 1934, 1036, ond 1036:
Total, repair of damage by eartbquake, flood, etc...... .. . ..... . .......
OTHER
Loans to credit unions .••••••.•••••.•••.. -...................................
Loans to State funds for soourlng repayment of deposits of public moneys. . ..
Loans to rellnaooe publlc•scbool district obligations..........................
Loao for payment of teachers' salaries.................................... ....
Amounts mad.e available for relief and work relief, under the Emergency
Relief and Construction Act of 1932, as amended...........................
Loan to Rural Electrit!catlon Administration........................... .....
Total, otber •.• ·-·-··············· ·······--·····-·-···-···-·····-·-··•-·
Grand total'---····-----·-····-·····-···-·-·····- ···-·-·-·-·---···-·--
10,460,232. 20
t ~: m:~
J, ~ : ~ :
1, 764., 408. 63
8,629, 108. 10
J, 004, 696. 78
~
2,
~::it i~
J,
1f~: 1ro:it
6 , 7 6'1 , 609 .• 7
1. ~:
~~: ~ -
214,120.95
3,068,784.31
11, 768, &5. 32
2,990,493.67
8, 768,361.65,
642,967. SO
Ja, 087, 715. 88
42,872.01
23,084.70
497,800.00
200,000.00
600,095. 79
13,064,631.18
75,920.47
22, 300, 000. 00
419,164.21
13, 064, 631. 18
ISO, 931. 58
----300, 000. 00
------ 22,
299, 984, 999. 00
4, 000, 000. 00
-------- ------ ------
JO,
2,006,800.00
22, 500, 000. 00
300 000, 000. oo
46: 500, 000. 00
15,001.00
1
384,737,483. 681
8,383,648,530.89
778,757.71
J, 401,771,177.84
I
-------------------75,920. 47
---- ---- --
340, ozs. 646. « II• 6,311,195,853.
- oo
I
--- --- -- --------- -- -
16, 904, 858. 00
283,080,141.00
4, 000, 000. 00
52, 688. 653. 39
287, 336, 993. 05
4, 277, 829, 405. 94
2, 033, 366, 44 7. 96
Excludes allocations to other governmental agencies; purchases or soouritles from Public Works Administration; and commitments outstanding.
• Excludes repayments unallocated, pending advices, as of June 30, 1931.
• Excludes loans through banks to industrial or commercial business.
• Excludes loans through mortgage loan companies to aid closed banks, and to industrial or commercial business.
• Includes Sl93,618,000 representing rot!nancing or loans previously made by the Corporation to Federal land banks for different individual amounts, but in the same aggregate
amouut.
• In addition, upon certification by the Federal Emergency Relief Administrator, under the Federal Emergency Relief Act of 1933, the Corporation bad disbursed $499,650,000
for relier, and $349,880.89 for expenses necessary to carry ant the provisions of the abo ve act.
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42
REPORT OF THE RECONSTRCCTION FINANCE CORPORATION
6.-Amount of authorizations, di8bursements, repayments, and amounts outstanding from Feb. 2, 1932, to June 30, 1937, inclusive, by classes and month81
TABLE
GRAND TOTAL
Year and month
Amount authorized 1
1932
Amount disbursed
Amount repaid
Amount outstanding at end
of period
February
•. __ . _______
. ___-----·-··---·
March ___ ___
April.. __ . ____ .. ____ __ ·- __
May ____ ______ ___ ______ ._
June _____________ --··-··July_··-· ·----· ··-···· ··-·
August _...... . _. _________
September_- -- ---·····--October .. ____ .......... __
November_-- -·----- ·---December ______ ---·-- ____
$91,601,057.00
142,333,075.06
228, iii, 667. 33
199,450,025.39
388. 254, 246. 63
170, 934, 728. 59
189,068, 106. 31
138, 480, 782. 93
162,373,944.36
96, 598, 980. 32
128, 332, 558. 65
$70, 868, 417. 52
121,477, 890. 49
I 55, 543. 323. 23
I 58, 983, 559. I 2
298, 276. 8 I6. 59
171,149,931.86
146,180,913. 71
72, 120,713.91
137,623,749.68
61,020,558.96
131,501,263. 75
7,000,080.50
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. 52
183,453,579. 71
33J,987,82'l.44
474, ~. 654. 33
724, 122, 570.00
860, 657, 320. 79
971,605,266.20
998, 822, 822. 11.'i
1, 088, 881,255.45
I, 122, 720,837.37
I, 224, 798, 685. 44
Total. ___ ._._. _____
1,936,199,172.57
I, 524,747, 138.82
299, 948, 4~3. 38
I , 224, 798, 685. 44
January.------ -·-·--·-···
February ___ --·-· .. ·-····
March_--- · ---···---···-·
April---·--·-·-··-----··-·
May.·---- ·--- -· _........
··· ··--June_---------··July ______________________
August _____ ______________
September ___ ____________
October. ________ --·-_-··_
November ___ -··- _____ ___
December-- -------·---·--
142,844,447.43
283, I ii, 473. 85
217, 732, 207. 45
162, 526, 63 I. 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
4 75, 432. 646. 36
117, 995, 293. 92
199,499,330.83
179, 533, 134. 72
117,500,398.87
195,805,854.81
123. fii7, 037. 80
115,339, 396.98
83,128,537. 43
39,271 , 494. 74
48,646, 412. ·75
186,473,065.01
309,537,593.42
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, 1149, 299. 42
73, 620, 461. 92
61. 734,251.55
69, 684, 650. 98
51,202,045.08
67,574,183.47
I, 310,341,151. fJI
1,473,868,878.74
1, 597, 588,446.63
1,674,874,849.45
1, 823, 880,495.20
1, 852, 001, 503. 68
1, 855,291,601. 2l
1, 864, 899, 676. 75
1,842, 436,919.91
1, 821,398,681. 71
1, 956, 669, 701. 64
2, 258, 633, Ill. 59
Total __ ---·--------
2,746,217,791.97
I, 776,407,551.28
742,573, 125. 13
2, 258, 633, 111. 59
406,818,221.00
' 132, 453, 627. 03
' 196,750,948. 78
I 101. 690, 047. 09
3 105,719,957.01
' 261,547,646.98
73, 694, 504. 65
' 188, 433, 108. 36
289, 144, 455. 19
I 92, 322, 799. 21
353,612,012.41
116, 567, 752. 03
343, 781, 484. 63
138, 223, 573. 21
I 74, 702, 436. 92
137,503,338. 54
100, 482, 025. 14
205,212,280. 51
• 278,190,303. 16
115, 003, 399. 80
64, 364, 910. 22
60,087, 192. 35
87,827,623.32
132,646,512.48
86,163,678.38
82, 739,872.01
91, au, 849. 11
91, 123,212.32
66, 997, 270. 39
67,831,380.42
• 443,161,666.45
136, 883, 900. 63
71,019,841.07
79, I 42, 232. 20
73,407,675.50
114, 654, 725. 17
2,516,250,917.84
2, 571. 734, 619. OI
2, 655, 125, 206. 79
2, 701, 505, 333 01
2, 734, 990, 087. 76
2, 872, 370,987.85
2, 707, 399,624.56
2,685,519,033. i3
2, 668, 864, 102. 88
2,649,809,063. o.1
2,664,229,010.85
2,682, 120, 798.16
2, 118, 655, 079. 74
1,827,925,080.28
1, 404,437,393. 71
2,682, 120, 798.16
I 32,143,248.47
19, 850, 030. 26
37,057,127.58
' 58, 444, 786. 46
I 32, 599, 109. 22
138, 555, 994. 07
28, 253, 080. 00
'27,221,430. 10
130,225,477. 53
' 30, 382, 759. 40
121,338,817.28
39, 883, 602. 95
49, 273, 454. 45
54, 737, 368_ 83
39, 624, 905. 90
56,104,278. 17
61, 729, 009_ 88
137,009, 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
73,431,516.68
60, 582, 383. 40
54,747,687. 70
48, 076, 834. 97
46,990,617.07
53, 855, 640. 23
60,097, 571. 99
40, 278, 281. 99
34, 940, 786. 92
47,011,116.53
34,143,979. 73
106, 845, 402. 79
2, 657, 964, 736. 03
2, 652, 119, 721. 46
2, 636, 996, 939. 66
2, 645, 024, 382. 86
2, 659, 762, i75 67
2, 743, 816, 222. 65
2, 808, 306, 958. 37
2,819, 376, 320. 76
2, 826, 465. 337. 83
2, 807, 890, 442. .l5
,2, 791, 732, 500. 51
2, 728, 680, 064. 83
695, 955, 463. 31
707,561,086.57
661,001,819.00
2, 728, 680. 064. 83
24,616,712.69
3 14,714, 336.22
• 118, 939, 254. 90
' 36, 162, 236. 50
a 87,224,241.82
• 28, 612, 816. 63
• 181,044,272.81
3 44, 077, 208. 38
3 8, 418, 959. 29
28, 039, 830. 29
I 12, 103,407. 56
10,053,410. 23
62, 162, 133. 42
16,990, 71 I. 44
19, 482, 001. 93
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, 403, 788. 54
10, 835, 460. 87
25, 067, 831. 62
49, 420, 650. 65
52, 691, 445. 85
75, 305, 432. 03
46, 190, 361. 91
150,760,907.52
112,558,813. 95
238,417,224.01
• 37, 692, 959. 78
' 26, 858, 291. 63
' 34,807,512. 10
• 33, 854, 430. 24
I 63, 230, 571. 10
2, 741, 421, 547. 60
2, 705,720,812.19
2, 649, 837, 382. 09
2, 632, 248, 494. 75
2,507,275,935. 13
2,417, 820, 464. 68
2,221,603, 8f,3. 20
2, 211 , 030, 295. 32
2, 202, 709, 656. iO
2, 196, 395, 933. 14
2, 173, 376, 963. 77
2, 135, 214, 224. 23
594, 006, 687. 32
328, 382, 761. ·23
' 921, 848, 601. 83
2, 135, 214, 224. 23
1933
1934
January _________ ·--· _____
February __ ----··-·-·---March ________ ·--··-·---ApriL--- --- --···- ·--- -·May_·----·-----·-------June_--·---- ----· -·-- ____
-- -- _____ . -____ JulY---··August_ __________________
I
--··--_
September_---__________
October _______ . -·November _______________
December ___ • ____________
Total. __ ----·------
I
1935
January __________________
February ___ --·----·--··March_. _____ -·_--·-·- ___
ApriL. ______ -· -·-· -----MaY--- -------·- -··---·-------·-__ ·-- - - ---- ..
June
-_----July ___________
August _________ • _________
September_-----·-----·-October _____ _____________
November ________ . ______
December----------·-·--Total. __ ---·------1936
January __________ -·-- ____
February _________ -·- ____
March _________ --·-·- ____
April._. ______________ . ___
MaY---··------ ---- ______
June_-·--·· --- -·-·--- __ -·
July _______ _____ --··-----·
August_ .. ________ .. ______
September ____ __ _------·October ________ --· - ______
November._-----··-----December. _____ -···- _____
Total._·-·- --· -----
3
I
$18,845.00
8, 873,883. 30
See footnotes at end of table.
Digitized by
Google
REPORT OF THE RECONSTRUCTION FINANCE CORPORAT ION
43
TABLE 6.-Amount of authorizations, disbursements, re payments , and amounts out' atandingfrom Feb.f, il.932, to J une 30, 1937, inclusive, by classes and months 1-Con.
GRAND TOTAL-Continued
Yearand month
Amou nt author ized 1
&17
January _____ ___ --- -- - --- February ________________
Mareb __ -----------------
Amount repaid
Amoun t disbursed
Amount outstanding at end
of period
• $35,891, 158. 75
• IO, 000, 820. 23
3 37,994,574.61
$48, 158,198.30
15,705, 071.11
16,394,887. 98
'$35,31 7, 244. 77
• 37, 112,349. 38
387,590,729. 36
$2, 148, 055, 177. 76
2,126,647,899. 49
2, 055, 452, 058. 11
' 83, 886, 553. 59
80, 258, 157. 39
' I 60, 020, 323. 51
2, 055, 452, 05/l. II
IO I, 600,593.09
44, 248, 903. 51
62, 878, 285. 79
26,075, 199. 15
II, 364,373. 76
28,474,505.42
42, 133, 739. 32
26, 160, 704. 17
I 19, 705,244.99
2, 039, 393, 517. 94
2,024,597, 187. 53
2,033,366,447. 96
Total, first qnarter _
Apnl ________ _____ ________
May _______ _____ ___ _____ _
June__ __________ ______ ___
T otal,
second
qnarter ____
________
___
208, 727,782.39
65, 914, 078. 33
• 87, 999, 688. 48
2,033,366,447.96
Grand totaL ______
8, 383, 648, 530. 89
6,311 ,195,853.90
' 4,277,829, 405.94
2,033, 366,447. 96
TOTAL, SEC_ 5, RECONSTRUC'rION FINANCE CORPORATION ACT, AS AMENDED
1932___ _________ _______ ___
11133 __ ____ ________________
$299, 832, 996. 43
734, 506, 495. 63
i1, 127, 770, 126. 21
$1,623, 154,844.44
1,529,826,398. 18
856, 293, 083. 97
$1. 427,603,122.64
1,156,942,666.34
780, 585, 918. 13
December .. ______________
JJ, 565,667.14
11,935,408.87
15, 573, 579. 56
45, 590, 590. 37
13,734,407. 66
23, 123, 862. 45
12, 650, 100. 00
JO. 212,948.47
7, 053, 989. 88
JO, 466, 664. 95
10,574,886. 48
7,979, 725. 15
17,418,681.94
14, 877, 791. 77
I I, 448,399.06
23, 042, 158. 55
37, 987,580.08
17,054, 165. 21
7, 394, 725. 62
JJ, 236, 508. 67
4,283,894.47
3. 978, 386. 38
2, 23.5, 181. 66
23, 485, 631. 43
61,868,910.95
49,094,099. 41
48, 589, I 76. 89
39, 262. 460. 23
40, 848, 322. 78
43,813,047. 91
40, 906, 525. 32
31,383,18 1. 28
~;;. 504,221. 74
33, 880, 980. 65
30,962, 01,. 63
58, 666, 089. 80
TotaL _____________
180,461,830.98
174, 443, 104. 84
504,779,934. 59
965,523, ll7. 33
-17, 562,321. 82
4,797,977.98
109, 501.303. 08
' 26. 122, 916. 07
• 22,525,313.62
I 8. 368, 239. 58
• 2,84 3,167. 20
28,619,543.87
3, 596, 578. 21
Jl, 813,499.33
3 8, 442, 602. 55
3,629,397.33
5. 845, 842. 34
8,766,711.17
6.893,299. 14
12, 500, 452. 21
ll, 124, OG2. 12
4, 180,608.06
rn. 946,451.02
9, 785, 793. 42
5. 974. 234. 27
15,062.862. 03
4, 187, 208. 76
15, 762.093. 27
42. 785. 661. 99
32, 09,i , 358. 67
60. 026, 230. 39
18,441,445.66
20. 882, 492. 04
24, 134,628.57
66. 701,434.40
16, 038, 6-'>5. 17
19. 920, 7U3. 52
24,083,060.27
'2.i, 017, 43~. 84
a ~. 254,398.81
928,583,297.68
905. 254,650. 18
852,121,718.93
846. 270, 725. 48
836. :i 12. 325. 56
816,558,305.05
766,803,32 1. 67
7fJO, 550, 45~. 92
746, 603. 000. 67
737,583. 70?. 43
716, 7.53, 477. 35
710,261,171.81
'247,822.860. 64
117.119, 617.81
• 372,381,593. 33
710,26 1.171. 8 1
30,219,492.40
730, 433. 86
3, 530, 623. I 2
4,146,582. JO
4. 6 l6, 662. 24
5,481, 114. 51
I
3
17,025,333.56
12,595, 1.\7. 70
327,814, 2,8. 78
697,382,420.35
f,89, 403, 924. 89
667,070,760. 62
38. 500, 549. 38
14,244,358. 85
3
17, 704, 150.26
35, 305, 896. 80
rn. 967, 708. 88
10, 3fil, 963. 20
2,94 1,227.46
13, 649, 128. 95
)i34__ ____ __ ______________
1935
January __________________
February __________ ____ __
Mareh _______ ____ _____ ___
April _____________ __ ______
May __ ____ ' ---------- ____
lune_________ _______ _____
/uly __ _____ _________ ____ _
August___. __ . ______ _____ _
September _______ ___ ____ _
October __ ... . _________ ._.
Kovember _______ ____ ____
1936
Januar y__________________
February ________ ________
Moreb__________________ .
I
tr:r:::::::::::::::::::
fune _______________ _____ _
lu] y ___ ______________ _____
\u:;nst ______ _____________
!eptember ____________ -- lctober ______ _________ ___
~ovember _______________
)ecember _______ ______ __ _
Total. ___ _------ - . -
-------
1937
anW1ry__ ______
__ ____ ____
1ebruary __ ______________
3 4,
1larch _______ ____________
Total, first quarter_
I
~l:~l.:========
~ == ====== ==
noe___ _____ _____________
Total,
seeond guarter _______________
Grand total_ _______
I
I, 034, 932, 267. 97
I
I, 550, 206, 296. 92
I, 295,859,947.08
1,251,409, 718. 07
I, 217,193,410.43
I, 180, 052, 632. 60
I, 163, 832, 330. 92
I, 160,971,588.22
I, 134,212,705.52
I, 100, 700, 905. 82
I, 080, 554, 233. 21
I, 059, 333,905. 94
I, 029. 431. 31 I. 67
I, 000, 703,575. 70
965, 523, JJ 7. 33
57. 434, 770. 04
667, 070, 760. 62
14,662, 795. ro
JO, 619. 2fl9. 45
I 6, 147,469, 39
6()2, 7fi9. 928. 32
655,091.886. 33
562, 593, 545. 89
-
72, 977. 755. 94
26. 952. 319. 61
'31. 421)_ 534. 34
662, 593. 545. 89
4, 549, 037, 323. 53
3,697, 891. IZ8. 22
' 3,035. 297,592.33
662,593,545.89
See footnotes at end of table.
Digitized by
Google
44
REPORT OF 'l'HE RECONSTRCCT ION FINAXCE CO UPORATION
6.-Amount of authorizations, disbursements, repayment8, and amount& out·
standing from Feb. 2, 1932, to June 30, 1937, inclusive, by classes and month, 1-Con.
TABLE
BANKS AND TRUST COVPANIES (INCLUDING RECEIVERS, LIQL"l'DATINO AGKNTS, AND CONSERVATOIS)
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended)
Amount author•
ized 1
Year and month
1932.••••••.•.•••••••••.••
1933 .•••••..•.•••••••••.•.
1934.••••....•.•••••••.•••
Amount disbursed
Amount repaid
.~mount out•
standing at end
of period
$949,412,000.09
849, 659, 525. 16
455, 545. 800. 16
$850. 1'1d, 060. 02
578, 6114, 545. 66
38.1. 148, 708. 22
$2.',6, 249, 093. 06
461, 874, 568. 42
4f,8, 073. 238. 89
$594, /i86. 9116. 116
711, 40r,, 91UI
62'3, 4S2. 413.SI
June •••••••••...•.••••.•.
July . ••••••.•.••.•.••.••..
August ••.••••....••••••..
September•••••••••.••...
October ••.••••..•••••.•..
November ••••••••..•..•.
December•••••••••••••••.
8,327, :167. 14
9, 033, 311. 00
13, 9C6, 693. 911
9, 540, 215. 15
8,341, 143. 53
13, 559. 363. 52
8, 500, 100. 00
6, 239, 954. 82
7,032,553. 04
5,931, 300. 39
II, 8:-i3, 149. 42
7,452, 009. 86
11, 987, 985. SO
9, 670, 568. -15
9, 104, 891. 25
14,632,530. 99
9, Rf.O, 357 . 54
11,045,814.38
ll, 146,095. 75
9, 592. 499. 42
2, 024, 621. 30
2, 884, 500. 79
320,301.811
20. 2111, 243. 60
~. 745, 4/i4. 89
36,821, 70.1. 70
38, 222, 865. 32
30, 788, 265. 44
30, 205, 343. 59
~2. 116, 055. 14
28. ~- 61\4. 78
23, 525, 325. 50
16,416,575.31
19,405, 253.31
25, 3/il, 504. 10
27, 086, 256. 11
591, 724, 944. «
564,573.809. !P
535, 455. 835. 12
519,300. 100. 67
41JR, 955, 114.62
477,88U73ii6
454,222,314.83
440, 289, 488. 75
425, 897, 53U4
409, 376, 8n zi
384, 345, 870. 01
377,550,6.\i.00
Total ••••••••••••••
107,897, 162.76
106, 1561, 501. 16
355, 493, 257. 19
377,550. !157. r,o
November ...............
December................
9,800, 656. 74
2, 706, 657. 34
I 9,047, 084.29
I 5, 700, 054. 09
I 12, 520, 326. 14
I 6, Sill, 239. 58
I 2, 243, 63~. 95
7,253,654. !l8
3, 186, 4211. 27
3, 403,467. 51
I 2, 689, 593. 28
1, 822, 744. 37
4,006,418.18
a, 112.1, 147. 40
5, 243, 604. 65
4, 241. 677. 57
3,237, 178. ,5,'I
3. 022, 009. 09
,3, 76i, 184. 83
2, 824, 153. 74
3, 332, 214. R3
4, 246, 262. 74
6112, 828. 56
4, 1179, 683. 67
'ZT, 256, 202. 28
:?3, 050, 669. 25
M, 411, 45.~. 27
13, 636, 004. 00
12, 343, 972. 46
13,021, 845. 58
16, 438, 966. 04
11, 9.62, 400. 27
13, 332, 4411. 97
12, 6.57, 1110.6.1
I 10,699, 371. 10
112. 9611, 339. 41
364,tnl,873.j()
335,073,351. 5.5
285, 505, 500. Ila
276, 110, 174. 00
2117,000,38Ul
257,003,614. ~
2t4, 331. 7n87
235,193,436.31
225, 193, 201. :II
2l7, 380, 5,\3. 31
207,374,010. i1
199,384. 36.1. 03
Total •••••••••• - ••
I 67, 265, 544. 44
44, 015, 263. 79
I 222, 181, 500. 26
199,384.355. 03
1anuary••••••• . •••••••...
February •••.•..••.•.•...
March ••••••••••.•.••••••
24. 1169, 492. tO
3, UM, 098. 48
896,700.00
847,061.56
1,053, 015. 15
1, 9R6, 98,~. 36
I 10,097, 297.74
I 7, 786, 463. 91
I 8, 202, 309. 60
190. 134. Ill'!. &I
193,400,600.00
177, 18,1, 335. 85
Total, llrst quarter.
28, 959, 800. 88
3,887,052.07
I 26, 086, 071. 25
177, 185, 335. 85
tfa1·::::::::::::::::::::
13, 266, 500. 00
20, 273, 152. 72
5, 954, 822. 18
1, 131,158.00
358,338.61
503,796.73
6, 452, 0&.I. 58
5, 888, 140. 96
I 3, 038, 548. 62
171,864, 425.27
166,334,622. 92
163,799,870. 03
1935
1anuary . ........... . .....
February ••••.••••••••••
March ••••••••..•.•••••••
tr:tl. ...................
-
11136
January........ . . ........
February ••...•••..••••••
March ••••••••.••••••••••
tl::t:::::::::: :: :::::: ::
June ..•..................
1uly••••••••••••.••.•••...
=tier::::::::::::
:::
October ••...•••.. ...•.•••
11137
June .••••••••••••••.•••••
Total, second quar•
ttlr ••••.. • ........
39, 494, 474. 90
1, 993, 292. 34
Grand total ...•.•..
2, 498, 234, 458. 39
1, 969, 136, 42.1. 26
15. 378, 758. 16
16.1, 799,870.03
1,805, 336, 553. 23
163, 7W, 870. 03
I
1
.
BUILDING AND LOAN ASSOCIATIONS (INCLUDING RECEIVERS)
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
1932••••••..•.. • •••.••.•..
1933••••.•.•...•••........
1934••••••.•.•...•..••..••
$99, 696,044. 75
21. 815,467.54
21,814,676.06
$93, 863, 114. 67
19, 187,440.08
~- 921, 537. 711
$9, 616, 440. 07
37, 196, 6.17. 09
48, 240. 98/i. 00
$84. 246. 674. Ill
66, 237,47i.59
19,918,029 !8
4, 471, 437. 35
15, 446, 592. 13
13,402, 011.38
12, 109, 120. 5.1
11,162,863.91
10. 275, 8:r.. so
9, 734,170.81
10,202,086.39
9, 180, 262. 92
8, 008. M9. 32
8.30i, M9..\9
7,807,621.07
7,274,475.26
1935
January.. ................
February............ ....
March.......... . ........
A prll. •..•...•...••. ..• • .•
May................. ... .
June..... ...... ..........
500. 000. 00 •••.••.•.••••••.•..•
80,000.00 ••••••...•....•..•.•
8. 524. 00
77,276.00
20, 000. 00
100,000.00
8,624.90
750,000.00
365, 484.23
9
i~~;i::::::::::·::::
:::: .........~:~:~.
~; ~:t
"eptember ....••.•••...•• . •...•....••.•...•. . .••.•.••.••••...••.•
October...... ..••.•.•••.•••••••... •••...•.•.•.•.. .....•••...••...
November ...••.•.•••••..•••••• ••••••.•.•.•....••.•. •••••........
December......... ........................ .. .
10,755. 04
2, 044, 580. 75
1, 370, 165. 85
946,256.62
895,561.51
007, 140. 69
fl 3,415.39
1,047,611.32
271, 713.60
600,889.73
500,038.62
543,900.85
Total ••• ••••••••••• i===1,=0=78=,=5=24=.=00=- !•===1=,4=6=9,=1=5=7.=9=6•!===14=·=11=2=.1=1=2=.1=8=!
Bee footnotes at end of tahlt,
Digitized by
Google
7,274.475. 26
REPORT OF THE RECONSTRUC'l'ION FINANCE CORPORATION
45
6.-Amount of authorizations, disbursements, repayments, and amounts outstanding from Feb. e, 1932, to June /'JO, 1937, inclusive, by classes and months 1-Con.
TABLE
BUILDING AND LOAN ASSOCIATIONS-Continued
Amount author•
!zed I
Year and month
1936
January..................
Amount disbursed
Amount repaid
$165,000.00 •.....•.. ----·-- ___ _
150,000.00
$64,929.52
February•••• _._..........
March.-····----···---·-- -·-······-·- ---- -·-- ---······--·--··-·--
April __ •. _••••. -.•......• _
I 43,850.00 -···----···--··-----
May •. _.•••• -----··--···- ···-····-··-·-··-···
17,000.00
June __ ·--··-··--·-·····- ••.•. ····- ___ •• -· _-·· ··-· __ -· ___ ·- ______ _
July_•.•.•.• ---·-·-······- -· ••• -··· - -..• -· -- -- . -··-· -· - • -·--· - -· -August
···-----··-·-···- -········---·------- ··----·--·--·····-·-
September ••• ____ .•.•.• __
37,000.00 ····--··-·-·-·-- -···
October••••••••••• -···-·· --··········--·---·· -·----·---- ---- - -- -November_···---·------- -·-··········--·····
36,000.00
December .--•--····-···- ·····-···- --·-····-- --····-··-··-·-----·
I 395, 850. 00
117,929.52
Total •• --·-·······-
$.575, 799. 92
735,893.57
470,564.57
363,257.33
292,124.30
931,066.80
189,020.27
167,552.54
286,587.06
449,257.46
233,743.65
235,349.72
$6, 698, 675. 34
6,027,711.29
5,557, 146. 72
5, 193, 889. 39
4, 918, 765. 09
3. 987, 698. 29
3, 798, 678. 02
3, 631, 125. 48
3,344, 538. 42
2, 895, 280. 96
2,697,537.31
2,462, 187. 59
4,930,217.19
2, 462, 187. 59
104,132.54
161,505.88
2, 358, 055. 05
1937
January ···-···-····-·-·- --···-···-·-·-······ -······-----·-··-·--
ii'tr_ .... --.. -.... -- ---······
Total first quarter._
trar:--:::::::::::::::::::
Jone •..•... ·--···-·· ... -·
Total, second quar•
tar ..... ·-·······-
Amount out•
standing at end
of period
321,017.93 • --·····---·- -··--·--
I 107,000.90
2,196,549.17
2, 089, 548. 27
321, 017. 93
I
372, 639. 32
2, 089, 548. 27
l=======l=======l=======I====
Olk~::~
602, 209.
58
283,384.70
159,759.82
137,151.75
174,497.58
I 144, 698. 11
2,235,781.22
2,061,283.64
2, 076, 345. 35
456, 347, 44
2. 076, 345. 35
1--------1-------·1--------1---I, 522,351.32
443,144.52
147,243;1132.60
117,002,324.54
I
i=======i=======i=======I====
Grand total.. •• _•• _
I
2, 076, 345. 35
114,925,979. 19
INSURANCE COMPANIES
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended)
1932_ ••••• ·--· ····--· •••••
1933 ••••••••••••••••••••••
1934.•.••.••••.•••.•••••••
$83, 048, 931. 66
$68, 037. 618. 92
17,479,935.85
2, 254, 690. 77
19,644.414. 60
1, 83,5, 829. 93
I
$i, .5SS, 738. 52
21, 163,735.01
38, 019, 933. 04
$62, -148. 880. 40
GO, 929. 559. 99
24, 745, 456. 88
I
1935
Janaary .••••••••••••••••...••.........•..••.........•....•.......
February.................
2,300.00
I, 631. 31
March .•••••••.••••.•.••• -··············· •.•• -············ -···· .•
April •••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••
~~!····················· ..........65,000.00 . ................... .
July..•.••.•••.••••••••.•.••••••.•••............ _.•. _............ .
August••••••••••••••••••••••••••••••••••••••• · ••• •• •• •• • ••••• •• • •
September •..••••••••.•.• ········-········· ...............•......
Or·tober ._ .•.••.••••••..........•••• ··-····· ·- ..•.•.....•.....•...
~· ~ovembcr --------------· _______________________________________ _
De<ember .•••••.•••.•.... ·····-·-··-········· ············-·······
Total. ••....•••••..
67,300.00
1,631.31
792, :>05. 65
2,, 953, 251. 23
1, 428, 663. 61
567,264. fl3
801,232.08
), 316, ~19. 75
639,112.01
1, 183,933. 67
493,811. 3~
3~7, 190. 57
7, 169, 8,;8_ 70
623,145.21
3. 158, 760. 75
22, 526, 218. 93
21, 958, 9.54. 30
21, 157,721.32
19, 841, 401. 57
19, 202, ?89. M
18, 018. 355. 1'9
17,524,541.51
17. 137,350. 94
9, 96i. 492. 24
9,344,347.03
6, 185, 581i. 28
18, ,561, 501. 91
6, 185. 586. 28
125,180.07
208,218.10
!05, 149. 96
540,205.19
26,790.54
7:l, 795. 80
134,458.84
109,835.01
440,534.92
lfll, 944. 44
126,539.00
126, 1~2. 90
6, 060. 406. 21
5, 852, 158. 11
"· 747,008.15
5, 206. 802. 76
5, 180,012. 22
5, 106.Wl.42
4,971,757.58
4,861,922. ,;7
4,421,387.65
4, 239, 443. 21
4, 132. 004. 21
4,006, 721. 31
2, 178, 864. 97
4,006, 721 31
See footnotes at end of table.
0
Digitized by
=
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46
REPORT OF 'l'HE RECONSTRUCTIO:-J FINANCE CORPORATION
6.-Amount of authorizations, di.~bursements, repayments, and amounts out•
standing from Feb. 2, 1982, to June SO, 1987, inclusive, by classes and months 1-Con.
TABLE
INSURANCE COMPANIES-Continued
Year and month
Amount author•
ized 1
Amount disbursed
Amount repaid
Amount ont•
standjng at end
of period
1937
January.................. ...........•........
$130,921.66
February.....................................
25,000.00
March ..........••...............................................
Total, first quarter ............•........
Total, second quar•
ter •....•...•...••........................................
$103,006,858.28
$3, 977, 501. 75
3, 924,789.81
3, 862, 503.al
-
300,139. 77
3, M2, 503. 211
-
19,886.42
23,215.06
I 116, 833. 57
3,842, 616.78
3, 819, 401. 72
3, 702, 568.1!
I 159, 935. 05
3, 702, 568. lo
• 85, 972, 848. 27
3, 702, li68. 15
155,921.66
April.. ............................•........••.....•.•............
May ........•....................................................
June ...................•..••....•.......•........................
Grand total........
$160,141.22
ii, 711. 91
62,286.64
1--------1·--,-----
89,675,416.421
MORTGAGE LOAN COJ,t:PANIES
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
1932•••••.....•..••.•••••• ,
IQ'.<~ .•••••••.....•••••••••
1934 •••••.•••.••••••.•••••
$93,741,902.61
234, 364, 020. 43
84,110,951. 76
$88, 448, 020. 39
126,041,674.07
73, 438, 306. 41
$11, 322, 655. 50
25, 294, 164. 10
91,520,001.30
$77, 126,464.Sll
177,872,974.86
159, 791, 279. 97
2, 678, 400. 00
2, SOR, 796. 97
I, 527,600.00
1,908,475.22
528,264.13
8,073,750.93
3, 840, 000. 00
3, 956, 593. 65
1,436.84
4, 369, 498. 68
ti93, 457. 43
390,494.92
2, 753, 196. 14
4, 944, ,592. 01
1, 6f>6, 232. 81
1,119,327.56
921,575.39
1,524,471.30
1, (JOO, 598. 93
I, tilJO, 621. 40
2, 23fi, 173. 17
1, IYJ3, 795. 59
I, 839,879. 77
2,370, 145. 14
6, 651, 892. 68
5,831,829. 51
6, 140, I 90. 22
3, 752, 739. II
3,527,507, 69
2, 392, 653. 40
6,604,961. 70
5, 332, 120. 09
6,202,179.25
1,737,331. 29
2. 319, 741. 13
5, 494, 372. 69
"155, 892, 583. -13
155, 005, 3-15. 93
151,531,388.52
148, 897, 976. 9;
146, 292,044.67
145, 423, 862. 57
139, 819,499.f,IJ
136, 088, 00 I. 11
132, 121,995.03
131,478,459.33
130, 998, 597. 9;
127,874,370.42
30, i76, 768. 77
23, 070, 609. 21
54, 987, 518. 76
127,874,370.42
200,665.08
1,941,320.64
I, 031, 818. 79
4, 2:io, 344. 98
3 9,879. 987. 48
1, 558, 000. 00
149,530. 25
13, 188, 688. 99
373, 148. 94
7,170.031. 82
5, 153,009. 27
1, 150,652.96
1, 283, 674. 16
910,134.25
1,649,694.49
2,419,874.64
4, 815, 285. 36
1, 064, 598. 97
4,606,599.19
6,811,639.68
1,840,819.44
2, 634, 599. 29
2,510,380. 20
9, 273, 909. 60
2, 506, 469. 61
2, 2I.5, 662. 66
2, 449, 177. 69
1, 842, 821. 17
3, 405, 112. 43
4, 754, 101. 33
2, 751, 754. 28
2, 102,043. 52
2, 459, 978. 84
3, 344, 957. 43
3, 498, 388. 03
5, 696, 713. 35
126,651,574.97
I 25, 346, 0-16. 56
124, 546, 363. 36
125, 123,616. 8.3
126, 533, 789. 76
122, 844, 287. 40
124,699, 132. 31
129, 408, 728. 47
128, 789,569.07
128, 079, 210. 93
127,091, 203. IO
130, 668, 399. 35
46, 033, 199. 20
39, 821, 209. 27
37, 027, 180. 34
130, 668, 399. 35
3, 166, 608. 88
3,538,647.09
3, 141,166.30
4, 032, 276. 68
3, 809, 533. 49
• 6,662,014.16
129,802,731.55
129,531, 845. 15
126,010,997.29
1035
January ..................
February .................
March .....•.............
April.. ...................
May ..........•..........
June .....................
July ......................
Augu~t_ ___ _______ -- - - ----
September ...............
October ..................
November _______________
December ________________ '
Total.. ......•.•....
1936
January __________________
February ................
March ...................
ApriL·-··-·······•······
May .....................
June ..•. _.•.....•........
July·····-·•····••·· ......
August. .... _.••..........
September ...............
October ..................
November _______________
December................
Total. .............
3
1937
January ..................
February ... ···-·········
March .•.... _.....•......
3
29.5, 000. 00
1, 41i,\, 735. 38
1,907, I ii. 91
Total, first quarter.
3
3,667,913.29
9, 846, 422. 27
3,442.373. 34
5, 029, 879. 26
13, 395, 677. 12
2. 979, 601. 85
2, 555, 082. 89
2, 985, 573. 40
April.. ............•...•.•
May····-········•·······
June ..•...•.•.. •····-·-··
.
3
14, 503, 824. 33
126,010,997.29
7,310,496.80
3,934,479.99
1 2, 109, 112. 89
121, 680, 102. 34
120,300, 70.S. 24
121, 177, 165. 75
Total, second quar•
ter ....•.........•
21,867,929. 72
8, 520, 258. 14
• 13, 354, 089. 68
121,177, 165. 75
Grand total. ....•..
514,562,685. 78
369, 186, 499. 76
• 248, 009, 334. 01
121,177, 165. 75
See footnotes at end of table.
Digitized by
Google
•
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
47
6.-Amount of authurizations, disbursements, repayments, and amounts out-standing from Feb. 2, 1932, to June 30, 1937, inclusive, by classes and month8'--Con.
TABLE
CREDIT UNIONS
[Under sec. 5 or the Reconstruction Finance Corporation Act. as amended)
Amount author•
ized •
Year and month
Amount disbursed
Amount outstanding at end
or P•riod
Amount repaid
Year
1932____________________
$472,446.00
$8, 838_ 00
$440, 098. 00
$431, 260. 00
1933___________________
148,555.00
57,551.20
138,789.41
512,498.21
1934..___________________
1,966. 80
129,007.29
385,457.72
1, 966- 80
1935
l=======l=======l,=======I=======
1an11Sry____ ________ _________________________________________ _
18,474.32
366,983.40
February _______________________________________________________ _
6,334.52
360,648.88
24,055.34
336,593.54
March.------------------ --------- --------- - ---------------- -- -2,089.96
334,503.58
-----iii;24i~5813,420.00
340,325.16
4,320.00
336,005.16
July ____________________________________________________________ _
4,500.00
331,505. 16
615_00
August_ •• ________________ ------- -- ---- -- -- --- ------------- ------ 330,890.16
September ______________ -------------------- - ------------ --- ---565. 00
330,325.16
October__________________ . ___________________ . ------ -- ---------- 850. 00
329,475.16
655. 00
328,820.16
750. 00
328,070.16
t~t:::::::::::::::::: ----------~~~~~- -----
~~=i;:i :::::::::::::: :::: -::::::::::::::1--------1--------1------::::::::::::::::::::
76,629.14
328,070.16
Total. _____________ l====20,,;'=ooo=_=oo= l=====l=9,=2=41=·=58=l,=======I===
1936
Jan11Sry, __________ -------------------- --------------------
13,570.00
525.00
2,540.00
1,750.00
225. 00
8,810.00
150. 00
1,256. 77
3,735.00
1,650.00
3,325.00
880.00
r:t~::.
:::: ::::::: :: ::::::::::::::::: :::::::::::::::::::_
April __________________________________________________________
}~!::.::::::::::::::::::
:::::::::::::::: ::: ::::: ::::::::::::::
July____________________ ------ - ------ ------ - ----- ------------ -- -
August _______________________________________________________ _
_____
~;!;=============== ==================== ==== ::::::::::::::: _______ ,
Total __________________________ --- ----- --- -----------------
314,500.16
313,975.16
311,435.16
309,685.16
309,460.16
300,650.16
300,500.16
299,243.39
295,508.39
293,858.39
290,533.39
289,653.39
38,416.77
289,653.39
&?_::::::::::::::: :::::::::::::::::::: ::::::::::::::::::::
5,625.00
30,800.00
127,276.81
284,028.39
253,228.39
225,951.58
Total, first quwter _ ____________________ --------------------
• 63,701.81
225,951.58
~:::::::::::::::::::: :::::::::::::::::::: ::::::::::::::::::::
7,575.00
32,430.00
'5,015.00
218,376.58
185,946.58
180,931.58
1937
Total.second
quarter ______________________________________________________
_
Grand total__ _____ _
642,967.80
600,095.79
I
• 45,020.00
180,931.58
419, 164. 21
180,931.58
FEDERAL LAND BANKS
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended)
1932____
mt::::-:··-------------
J
$29,000,000.00
$18,500.00, 00 -------------------$18,500,000.00
145,518,000.00
123,618,000.00 ____________________
142, ll8, 000. 00
l==•=2=2=5;,,'l=l,,;8,=000=·=00=ic==•=24=5=,=ll=8=,000==·OO=II==•=$3=08=•=7=80='=6=01=.=29=l,==78=•=45=5=,3=9=8=.7=1
1935
~i;r:::: ____________ -------------------- --------------------
-~;:: iit t! !l: l~~ii
:~ t~~i~:! !~i!i~~:: :!~:~i: ~
Total. ____________________________________________________ _
1,491,325.35
2,490, 73i. 91
2, 210, 356. 78
1, 788, 778. 22
4, 075, 855. 88
6, 525, 135. 46
1, 596, 302. 70
393,564.94
1,607, i47. 80
4, 230, 052. 95
1,937,990.22
5, 276, 633. 59
76, 964, 073. 36
74,473,335.45
72, 262, 978. 67
70, 474, 200. 45
66, 398, 344. 57
59, 873, 209. 11
58,276,906, 41
57,883,341.47
56, 27 5, 593. 67
52, 045, 540. 72
50, 107, 550. 50
44, 830, 916. 91
33, 624, 481. 80
44,830,916.91
See footnotes at end of table.
Digitized by
Google
48
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
TABLE 6.~Amount of authorizations, disbursements, repayments, and amounts out-
standing from Feb. 2, 1932, to June 30, 1937, inclusive, by classes and months '-Con.
F11011RAL LAND BANK&-Contlnued
Year and month
Amount author•
ized •
Amount disbursed
Amount repeid
Amount out•
standing at end
of period
1936
;January__________________ ----· ...•. ·-·· ...... ······---··-·-······
February_____ ·---·-·· .•.•.•. _-·- _....•.••.•.. ·- .•..•... ·-- ·-. --·.
March __ ·--·- ___ .··-·---.. _____ . ·-- _-· ....... ·- ·- .. ·•-- -··· ·- ... _
·········---·---·· ..
.. ·--·· ..... ·- ---·· _. ·- .... ·- ··-- -·-- ..
·····-·····---·-·----··-····- .•...•....
·-··----···-···-····
··-· -··-·---·· .•....
M5, 763.60
483,258.26
372,380.05
421,000.47
408,872.09
557,786.83
769,356.07
1, 376, 050. 91
2, 905, 139. 34
314,202.06
2,867, 814. 96
$35, 680, 023. 33
35, 134, 250. 73
34, 651, 001. 47
8'I; 2'18, 621. 42
33, 857, 620. 95
33,448,748.86
32, 890. 962. 03
32, 131, 605.96
30, 755, 555. 05
27,850,415. 71
27, 536, 213. 66
24, 668, 398. 70
Total_---------·-·· -· -·-- ·----·-· -· ·· -· -·· ······-- -· ··•-··-
20, 162, 518. 21
24, 668, 398. 70
2, 030, 964. 39
557,934.80
I 7,612,066.02
22, 637, (34. 31
22, 079, 499. 51
14,467, 43UD
• 10, 200, 966. 21
14,467,433.49
158,772.62
456,505.77
I 94,680.92
14,308,660.87
13,852, 155. 10
13,757,474.18
709, 969. 31
13,757,474. 18
373, 478, 525. 82
13,757,474.18
$9, 150, 893. IS8
tF::1.:::::::::::::::::::: :::::::::::::: :: :::: ::::::: :: ::::: :: ::::
lune_--·--·-·--·--·---·-· ·-·-·-····-·---·-··.
1uly .•.•. ------··--·-. -- ...... ·-·· .... ··- ... ·.August._ •.• ··---··-·-·- -..•.....• ·-· •..... ··September·--··-·-···---· ···-·--·-··--· ·-···October···---····--·· .... ----·--·-···········
November.--··----···-·· ··-·-· ·-··•·-- .•••..
December----·----·----·- ····-··· ··-·-- .. ··-1937
1anUBrY---·-. ------ -- . -•.....•. ·--·••••·. -·-· ·-------- ---·- ·----·
February ___ ·-·---·-·--·-- ·-· __ --·--------·-·- _______ • --------····
March •• --------- .. ------ . ·--· •. ·-·------. --- . -·. ---- -.. --- -----Total, first quarter_
April_______________ ._ .. __
May.--------·-·----. ____
lune.---··- •.••... ·----··
····----·----·---··· ··••·········-·-·--••• --·-- --·------ ·-. ____ .• ----·--- .. _·-.
·- .. _________________ . ··----- ·--·-·-·· -·
. ·-. ________ •••• -· ... _.. _. ______ .•......
Total, second quarter. __ ··---- ...••. _... _. ·- _. ___ . -· ___ . _·-. -· ____ . _...•....
Grand totaL·--·-·
'$399,636,000.00
'$387,236,000.00
10INT•8TOCK LAND
I
I
BANKS
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended)
$2, 527, 845. 62
12, 420, 274. 14
1932.. ____ ·-·------·-----$6,297,000.00
1933 __ '.. -----·--·-·------14,806,172.68
1934·---·-----·--------· .. ·----------·------ --
711,252.53
$62,544.32
744,537.17
8, 365, 785. 56
$2, 465, 301. 30
1,107,856.17
414,350.00
935,035. M
328,214.57
554,566. M
107,818.81
232,657.62
423,310.09
8,828.27
67,761. M
118,460.29
5, 378, 649. 07
4, 964, 299. 07
4, 029, 263. 53
3, 701, 048. 96
3, 146, 482. 42
3, 038, 663. 61
2, 806, 005. 99
2, 382, 695. go
2, 373, 867. 6,1
2, 306, 106. 09
2,207,279.45
2, 238, 819.16
4, 397, 686. 08
2, 238, 819. 16
138,787.80
108,503.12
88,101.03
288,626.15
32,602.96
159,349. M
233,877.79
67,720.55
29,666.45
85,231.65
137,004.40
35,673.53
2,100, 031. 36
1, 991, 528. 24
1935
1annary ·----·--·-·-----· _
52,400.00 --------·-----·----·
February---·--- ·--------- ---·-·-------------· ---------------·---·
March.----------·-·---·- ---·---------------· --··--··-·-·- ·---···
April.. ____ ._ ... _------- .. ---------------·---· ....... ------·-----·
May.------·-·---·-----·. --·----·----·--·---- ·- -------·-·------·June .. __ ...... _______ . ___ .... ·- __ -·-·--- ·-- .•. ·------ _______ ·-- __
Jnly ·---·----· ·--- •... ·--· _... ----·-·-·---·--- ----------·--------4..ug:11.st ____ ____________________________ ----. -- _--- ------- ---- - - - --
September _____ .. __ .-· ___ . --- __ . ·--- ·-- ______ ·--. ·--- ·----- _____ _
October._·--------·----- _____ ·_______ ... _-·-- -------------------November._·----·----·-·
20,779.63 ----------·-·------·
December----------·----129,220.37
150,000.00
Total. ____________ _
202,400.00
150,000.00
1936
January·---·---·----_. __ .
February ________________
Marcb. -------·-·---- ....
April.. .... ----·----·-·--·
May._. ____ . ____________ .
June.·--·------------·-·-
__________ ·--·- _. ·--·-----------·---·-·
-·----·---· -·----- ..
---·--------·-·---·--·-·-·--- -·--- ·-- __
-----·---· ...... ____
______________ ·--···
___________________ _
--------·--------·-·
···-·-·----------·----·---·---------·----------·---·. ____ _
J'nJy ____ ·-------------·-·-
300,000.00
300,000.00
August ..-·-·-·------- .... ·--- ·-·------ _______ . _________ . ·-------·
September.----·-----·_·- --·--·-·-· ........ __ --------------------
i~~.::,tier:::::::::::::::
Decem::~-~~::::::::::::1
1
•
~88: 888: 88 ::::::::::::::::::::
2,: ~: : ~
I
98,826.64
14, 141,038. 27
6, 486, 505. 24
1,903,427.21
1,614,801.06
1, 582, 198.10
1, 422, 848. 56
1, 488, 970. 77
1, 421, 250. 22
1, 391, 583. 77
1, 306, 352. 12
1, 169, 347. 72
1,722,174. ID
1,722,174.19
I, 405,144.97
: : : : : I=======!,======
See footnotes at end of table.
Digitized by
Google
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
49
6.-Amount of authorizations, disbursements, repayments, and amounts outlklndingfrom Feb. 2, 1932, to June SO, 1937, inclusive, by classes and months 1-Con.
TABLll
10INT•8TOCK LAND BANKB--Contlnued
Year and month
Amount author•
lzedl
Amount disbursed
Amount outstanding at end
or period
Amount repaid
1937
• is, 085. 62
'61,508.81
25,718.33
Sl, 660, 666. 38
l,6M,947.05
l, 969, 949. 28
'.105,312. 76
1, llliU, 949.ill
35,052.33
70,779.32
143, 012. 31
2, 789, 794. 28
2,719,014. 96
2, 576, 002. 65
1anoary••••.••••••••••••• ····---· ••..••.••••.........• ··-······ ..
February .••••..... ______
March ••.••..... _. _____ ••
$90,000.00 ---·-··· .........•..
376, 000. 00
$343, 087. 85
Total, llrst quarter. l====c!!466,=·=-OOO=·==O=O~l====34=3,=087=.=85=l,=========I=
tf::··········-···-·----· ······-----····----· ·----····864, 897. 33_
1wie. ··········-·-------- ------· ·- ···-· •..•...•.•....•.. ··- ·-· ...
Total, second quarter •• _. ___________ --------------·-••··
Grand total ______ ..
24, 221, 572. 68
I
•248,MS.96
2, 576, 002. 65
15, 329, 854. 82
2, 676, 002. 65
SM,897. 33
17,905,857.47
I
FEDERAL !NTERKEDIATE CREDIT BANKS
(Under seo. /l or the Reoonstructlon Finance Corporation Act, as amended)
oo_l
ooo. oo
1933______________________ ,___
S9._250.
__ooo_.
Granl! .total._______
9, 250,
so. 250. 000. 00
I
9, 250, 000. 00
1·······-···•·•·-··
S9,
250, 000,00
9, 250, 000. 00 .••...•..•.••• -- . _
AGRICULTURAL CREDIT CORPORATIONS
(Under seo. 6 or the Reoonstructlon Finance Corporation Act,
::.:::::::::::::::':::::
~ ~: ~ ~
~: ;:: ~: ~
BB
.amended]
s~ ~1~: g~: :g
st m: ?Mm
lg,'!L ••••.• ·····---··-· .. l====4=33=•=894.=3=5=1====35=0~,4=9=1,=7=0,i===l~,1=7;;8,=4=19=.58=l===86=3,=37=2=.83=
863,239.33
860,739.33
887,500.00
873,500.00
872,000.00
863,525.00
775,398. 75
765,679.49
759,936.92
Total __________ -··· l====26=•=76=0=.6=7=i====26,=7=6=0.=6=7'1====1=3=0,=1=96=.58=l===7=59=,=93=6=.9=2
701,300.02
681,300.02
581, 300. 02
579,300.02
479,300.02
379,289.05
147,789.05
147,789.05
50,000.00 ············-·······
612,147.87
147, 789.05
~~----·-·-----·--- --------·-ao, 121. 28. ----···---··-·--····
99, 989. 03
27. 30
3,500.00
147, 761. 75
144,261. 75
44, 272. 72
Total_-··-·-------·
1937
Total, first quarter.
30, 727. 28 __ ••••..••. _______ ..
103, 516. 33
44, 272. 72
l===~==l=======l===~=•I=====
1
~-:::::::::::::::::: ::::::::::::::::::::
~::u~ ::::::::::::::::::::
Total, second quar•
ter ••• ·-·······-·· ···············-···Grand total ______ •.
6, 120, 867. 5~
80,727.28
5, 643, 618. 22
(1)
• 6,518,618.22
1~~:~
124,000.00
125,000.00
See footnotes at end or table.
Digitized by
Google
50
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursement&, repaymenu, and amounu out•
standing from Feb. 2, 1932, to June 30, 1997, inclusive, by classu and month.a L-Con.
TABLE
REGIONAL AGRICULTURAL CREDIT CORPORATIONS (RltDISCOUNTS)
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
Year and month
Amount author•
ized •
Amount disbursed
Amount repaid
1932.•••••••...... -·· - - . - _
1933--····-·-·---··-··-·-1934_. __ •.. ·-. __ ..• _.• -· _.
$7, 285, 972. 50
153, 386, 252. 64
18, 168, 227. 34
$5, 372, 062. 6C
149, 782, 151. 12
18,089,427.00
$655.03
125, 268, 410. 43
47,974,575. 26
Grand totaL. _. _. __
178, 840, 452. 48
173, 243, 640. 72
173, 243, 640. 72
Amount out•
standing at end
of period
$5,371, 4-07.57
29,885, 148.:lli
·-------------····
------ -------·--·
LIVESTOCK CREDIT CORPORATIONS
[Under sec. 5 or the Reconstruction Finance Corporation Act, as amended)
1932 •••• ··-· -·-··- ·-·-·-·1933 .••• •.• ..... - .. ·····-·
1934.•••••...... _··-····-.
$13, 145, 602. 85
1, 118, 800. 00
210,559.15
$11, 810, 403. 61
$4, 062, 258. 82
758,329.44
248,999. 76
6, 081, 544. 24
1, 340, 809. 37
$7,748,144. 711
2,424,929.99
1, 333, 120. 38
21,406.46
42,035.24
13,743.21
1,121.50
30,817.50
38,152.35
176, 791. 77
64,712.48
41,500. 07
123, 056. 46
43,982. 01
34,989.63
1, 311,713.92
1, 269, 678. 68
1, 255,935.47
1, 254, 813. 97
1, 343,996.47
1, 305, &14. 12
1, 129,052. 35
l,064,33RS7
1, 022, 839. Ill
899, 783.34
930,801.33
984, 677.li&
632,308. 68
984,677.58
1935
January_···-····-······-· -·-- __ --· ......•. •.. ··- ·· ······--·····-February .•....... ___ .... -----··--······ · ···- -·-·- - -· -···-------March.-·- · ·····-·---···· ·-----·-- ___ ..... ·-- -·-· ·· -·············
April...--•···· ------- ---120,000.00 __ ·-·····--------···
M ay _·· ····-· -·-·---· -·-· -····---- ---- ·-· ···120,000.00
June.······-···--- · ·-··-- ·----- - ______ -· -···- .• ······-·-·-·-···-·
July••.• •·-·-·-· · ·-·--··---·-·-·-· - ---····-· ·-· -· ···-···-·--····-·
August__·····-···-···-··- ... ·-· .. _--· ··-····. ··-····· ·· · ····-·-··
September .•.. •-······---- · ····-· · •· · -···· · ·-··-···· ·--·---··-··October. . .•. --··· · .. ··-·163,865.88 ·······--------··-·November·······-···--·· -·····--·--·········
75,009.00
December••.• •·····-····· --· ··· -······ ··-····
88,865.88
Total..·········-. -
283,865.88
283,865.88
1936
11, 093.00
3,402. 05
11,506.06
3,736.60
8,424.53
Zl, 724. 12
June_·· · ·······-···-- ____ -·----------···· .. . . -··-·· -·-·-· ·- ··-- ·69,134.64
July.·--· · ·····------·-- -- --··-·---- -- ······ .. ··--···· -·----- -·-··
9,851.34
August ..• ••··-·-···-- -___ -·-- --··-··- ·- ·- ··-- ---·-- ---- --·-···-·September_ .. -- ____ ·-·- __ -·-- __ ----·- -·· ..... · -.•... -·- -· .... -•·16,277.20
91,732.38
October . . __ .-···-·-···- __ ··-· ···--- .. •. -·· ··· ··· -···- ·····-·-····
125,592.75
November .. _····--··--·· ·- -- ·-· ·····-······· ·· ···-·•-··· ···---··
210,874.94
December•. ---···-·-·-•-··---···-···---··-·--·- -··-·-····--·-··-1-------·t--------1-595,349.51
Total. -·· ···· ····-· ······-····· -· ··-··· -·- ··-·--· ......... .
January .•.• •. . -··-- -- -- -· -.. ······-····-· •· ·· ·•· ·· ··--····-·····February ...•. -···---·- ·- -···-······ -·· ···· ....••..•. -··-········
March ·-------··---·----- --···--·-· --······- · ····--- -·········-··
tt:t:::::::::::::::::: :: ::: ::::::::::::::::: :: ::::::::::::::::::
1937
January···············-·· ·-·--··-···-·-···-·· •···-···-··-···-····
973,584.58
970,182.53
958,676.47
954,939.87
946,515.34
918,791.22
849,656.68
839,805.34
823,528.14
731,795.76
606,203.01
389,328. 07
389,328.07
February •. _............. ···•····-······· ··-· ··· ·· ·····-··-· -· · ··
Marcb .•.....•. •-···-···· ·········-····· · ···· · ··· ·- -·- -···-· .•..
41,753.88
12,489. 38
• 15,250. 00
Total, first quarter. ········· ····-···- ·· ·- ·-·--·----- ·-·----
• 69,493. 26
319,834.81
t[';t:::::::::::::::::::: :::::::::::::::::::: ::::::::::::::::::::
1,771.23
2,400.00
• 1s,ooo.oo
318, 063. 58
315,663.58
300,663.58
.• 19,171.23
300,663.58
12, 800, 935. 11
300,663.58
June.···· ---·--·-·-··-·-- --·-·---·- •- • •· • •- · · ··· -···· -·· -· --- -·- · ·
Total, second quarter.··-····--···-- -----------· -······ - ···--·-----·-·- ··--Grand total..-···_.
13, 101, 598. 69
14,758,827. 88
1
See footnotes at end of table.
Digitized by
Google
347,574.19
335,084.81
319,834.81
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
51
6.-Amount of authorizations, disbursements, repayments, and amounts outstanding from Feb. 2, 1932, to June 30, 1937, inclusive, by classes and months 1-Con.
TABLE
RAILROADS (INCLUDING RECEIVERS AND TRUSTEES)
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
Amount author•
!zed•
Year and month
$337, 435, 093. 00
74,410,585.00
46, 010, 402. 00
1932. ····-·•·•···· ......•.
193.3 ...•.•................
193"••• ___ • ······••· ·•····
Amount disbursed
Amount repaid
$284,311,271.48
109,782,987.01
53, 189, 013. 62
Amount out•
standing at end
of period
$11, 839, 562. 71
45, 088, 570. 37
13,461,271.32
$272, 471, 708. 77
337,166,125.41
376,893,867. 71
89,381.13
13,730.67
103,000.00
8,53, 7r,1. 83
228,930.32
808,500.54
1,272,813.41
6,133.41
454, 133, 41
98,023.81
39,550.04
16, 609, 600. 24
379, 464, 486. 58
379, 701,755.91
380, 198,755.91
386, 612, 294. 08
413,414,483. i6
414,344,463.22
413, 338, 349. 81
413, 349, 816. 40
412,902,782.99
412,804,759.18
412,765,209.14
396, 249, 860. 90
1935
January._................ ...••..•••.....•....
February_-·······•···•·. ...... .....••••.....
2,660,000.00
251,000.00
:!1.larch.·--··············· ....................
600,000.00
ApriL.--.. ...•.•......•.
33,978,900.00
7,267,300.00
May.....................
2,300,000.00
27,031,120.00
June.-··--···············
240,748.00
1,738,480.00
JulY •.. ---·······•········ .....•.••......•....
266,700.00
Augu.st.·-·-·············· .•.............•....
17,600.00
September-·············· .....•..............
7,100.00
October .. -············•·· .....•..................................
:'.li'ovember_ .•....••.•.........•••......•.........................
December._..................................
94,252.00
Total ............. .
36,519,648.00
39, 933, 552. 00
20, 577, 558. 81
396, 249, 860. 90
5,000,000.00
50,000.00
1, 550, 000. 00
5, 929, 000. 00
3, 040, 748. 00
94,000.00
8,252,667.00
150,000.00
800,000.00
8, 183, 000. 00
940,000.00
920, 000. 00
2, 587, 892. 52
5,063,329.75
959,142.31
1,000,826.28
4, 180, 699. 09
4, 689, 664. 97
45,843,881.03
722,288.47
1,807,974.08
3, 656, 849. 98
9, 569, 278. 98
99,620.00
393, 71J, 968. 38
390, 198, 638. 63
389, 23ll, 496. 32
394,167,670.04
393,027,718.95
388, 432, 053. 98
350, 840, 839. 9,5
350,268,551.48
349, 260, 577. 40
353, 786,727. 42
345,157,448.44
345, 977, 828. 44
29,909,415.00
80,181,447.46
345,977,828.44
478, 100. 00
126,500.00
5, 006, 000. 00
345, 499, 722. 44
345,373,222.44
340, 367, 222. 44
5,610,606.00
340,367,222.44
1936
January·-·-···•·•········
February_-·-············ ................... .
'.\larch ___ --·-··········-·
April..----·---···-·---··
May.------·---··········
June.·-----··--···-···•··
July. __ ------·-··········
Auimst. _ --·---··········
September_.-----·····-··
October._. _____ .•••••••..
l'.ovember. ·-·-·······-··
December------··········
99,422,400.00
16,148,667.00
100,000.00
7,000.00
150,000.00
8,176,000.00
-····---······ ..... .
140, 000. 00
·······-············
.•.....•.•.... ··-···
Total __ ·- ......... .
129,144,067.00
1937
fanuary_··-·---·-·····-··
5,000,000.00 ··-·-···············
{f;cllary-:_-:.========:::::: :::::::::::::::::::: :::::::=::::::::::::
Total, first quarter.
5,000,000.00 ....................
t=======l===-===l=======I======
April..--------·•···•····
r~~!·----------·-·-······ ......
538, 400. 77
30,667.42
'478,301.31
78,000.00
5,000,000.00
10 000 000 00
· . ·· ··-·10;00,i;ooo~oo·
•
•
Total, second quar.
ter. ·---·•--······
JO, 078, 000. 00
15, 000, 000, 00
Grand total. •.•.•..
638, 597, 795, 00
532, 126, 239. 11
I
344, 828, 821. 67
344, 798, 154. 25
354,319,852.94
' 1, 047, 369, 50
354, 319, 852. 94
• 177, 806, 386. 17
354, 319, 852. 94
PROCESSORS, OR DISTRIBUTORS SUBlECT TO PROCESSING TAXES
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
111'.!3 .• ·- ·-. _ ·•·-·•·••·····
lllJ{ .•.• -- . - ·- ·- .•.•.•.•..
$21, 733, 69
4,355.58
$7,333.69
7,384.37
$13,250.38
$7,333.69
1,467.68
900. 00
567. 68
267. 68
1935
JanuarY--·---············ ·--·····-··-·--···-· ·•·····-···--·······
'> ovemher. ·---·······-·· ·-·-···· ••••.•••.... .....•...•.... ......
December-·--····-····-··........................................
Total __ .•..•...••.. ···•·········-······ ....................
Grand total.-······
26,089.27
14,718.06
300. 00
267.68
1--------1------1,467.68
14,718, 06
:iee footnotes at end of table.
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52
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizatiom, di&buraemenu, repaymenu, and amount, outstanding from Feb.S, 19SS, to June SO, 1937, incluaive, by claalfu and month& !-..Con.
TABLE
STATlt
FUNDS CREATED J'OE THE PURPOSJ: OJ' INSURING REPAYKJ:NT OJ' DSPOlllT!I OJ'
[Under aec. 5 or the Reconstruction Finance Corporation Act,
Year and month
1933 ••••••.•.......•......
1934 ..••••••.•.•.•....••..
1935
Amount author•
!zed•
$5,887,715. 88
2, 500, 000. 00
Amount disbursed
$6, 887, 715. 88
2, 500, 000. 00
811
PUBLIC Mo!IITl
amended J
Amount repaid
Amount on~
llta.nding st end
of period
$74, 7&1. 14
7,834,388. 79
-
$5, 812,11&.71 ..
478,57U
l=======l=======l=======I======
January.................. ...... ....... ....... .••••.•.••..•..••••.
478,576.95 ·--------·····-··
May_....... ... ......... .
2,400,000. 00 ••.••..•.•.•....•••..•••••••••.••••••••• ---········· ···--·
June..................... . . ........ . ........ .
2, 376,915. 30
260,169. 51
2,116,756.19 July....... . ............. ....... ....•... ..... •...................
510, 9114. 28
1,005, 76lSI
t~~i!i:ie;::::::::::::::: :::::::::::::::::::: ::::::::::::::::::::
October..........................................................
November............... ...........•.•..•... .. .........•.•.•.•..
December................ ...............••... ..................•.
Total ••.•.•..••.•..
2, 400, 000. 00
2, 376, 915. 30
1::rin:
~: :::::
359,776.61
37,465. ro
836,355. 40
1,047,197.31
1,009,731.81
2, 182, 115. 78
673,376.!7
,U9, 773. 21
156,528.25
45,335.24
332,051.79
151,040.26
59,318.34
381,653. 67
131,760. 63
67,539. 09
1,228,375. 99
253,ll(lUl
2, 397,Ui5.0l
2, 351, 739. TT
2, 019, 687. !I!
1,868,647. ll
1, 800, 329. 38
1,427,675. ii
1, 295,915. Ill
1, 228, 375. 9i
673,376.!7 _
1936
January..................
2,300,000.00 •••••••••...•.•.....
February·····-·········· .....................
2,300,000.00
March .......................................................... .
April. .... ................. _.................................... .
May .....•..•.•.........................................•••.•....
June ....... ............................ .. ..........•••...........
July .•......•.. . . -..• -- .. -. -•.. -... -- .... -....•. ·•·••···•·••··••·
August ...•...................... .• .....•. . ...•.•.•...•.•.•..••.•
September . ••.....•. ............... . •...•. ..•...................•
October... ............... . ..... .................. ............... .
Total..............
Grand total........
2,300,000. 00
2,300,000.00
2,973,376. 47
13,064,631.18
13,064,631.18
•
.
•
_
•
1=======1=======11=======J,c=====
13,087,715.88
BORROWERS ENGAGED IN THE FISHING INDUSTRY
[Under sec. 5 or the Reconstruction Finance Corporation Act,
1934--········ •••••••••••.
1935
January•..••.••.•.......•
February ••.•..••........
March .•• .. .....•.....•••
811
amended)
$119,500.00
$25,000.00
$25, 000. 00
l=======l=======l=======I======
June ..•..................
August. ..............•..
September.•......•.•....
October_ ................ .
November ... . .....••....
December.••.......•...•.
7, 500.00
11,000.00
14,000. 00
3,000.00
500,000. 00
16,400. 00
20,000. 00
2,000.00
7, 500. 00
8,000. 00
480,369.77 ·············-······
42, WJ.00
62, fiOO. 00
52, fi00.00
75,500.00
78, fiOO. 00
78, fiOO. 00
92,000.00
92,000. 00
92,000.00
572,381). 77
Total .•.....•......
589,400.00
549,869.77
672, 381). 77
April._····-·············
17,500.00
10,000.00
23,000.00 ····-···············
3,000. 00 ············-·····-·
16, 000. 00
$2, 600. 00
2,600.00
1936
J anuary.................. ............•.....•.
5,750.00
February--······-······· ·············--····.
18,500.00
April............................ .... ....... ....................
May.....................
2r,, 000. 00
13,880.23
June. ....................
2,000.00 ....................
July .•................... ············--· ... ..
20,000.00
6,833.32
250.00
500. 00
80. 00
761. 11
November............... .......•.•.•........
8,000.00
December........................................................
78,488.88
5,950. 00
578,119. i1
689,786.45
589,536.45
602, 1116. 68
602,836. fj\
622,075.57
619,575.57
611>, 775. ;;;
650,286. ~~
M4, 336.69
115, 363.31
544,336. f.S
13,500. 00
3,000.00
2,000. 00
532,836. 6~
629, 836.i\!'
5'0, 711. 6~
18,500. 00
537,711.69
te1:i\~~be;::::::::::::::: ........... ~~ ~~~~. ····· ···· ··i;200:00 · ...•....... ~.~~~.
Total ............. -
28,200.00
67, 330.23
1937
January... ...... . ........
55, 000. 00
2,000.00
Febmary ....................................................... _
March.......................................
9,875.00
Total, first quarter.
55,000.00
11,875.00
l=======l=======i=======I======
See footnotes at end of table.
Digitized by
Goog Ie
REPORT OF THE RECONST RUCTION F INANCE CORPORATION
53
6.-Amount of authorizations, disbursements, repayments, and amounts outstanding from Feb. 2, 1932, to June 30,1937, inclusive, by classes and months '-Con.
TABLE
BORROWERS ENGAGED IN THE F ISHING INDUSTBY-Contlnuad
Amount author•
ized •
Year and month
tfa~·:::::::::::::::::::: ::::::::::::::::::::
$16, 000.00
June .. ___ - -- · -··-···- -- ··
Amount disbursed
$30,000.00
20,000.00
Amount repaid
Amoun t out•
standing at end
of period
$1,620.00
ff, 153. 35
2,266.66
$566,091. 69
S79, 938. 34
577,671. 68
I
1 - - - - - - - · 1 - - - - - - - -1--- - - - - -f-- - -- - -
Tota), second quar·
ter ___ ..... __.. _..
15,000.00
50,000.00
'10,040.01
577, 671. 68
0 rand total.. •• _•••
807,100. 00
704,075.00
' 120,403.32
577,671.68
TOTAL, SEC . 5C OF THE RECONSTRUCTION FINANCE CORPORATION ACT,
AS AMENDED
[Su bscriptions for stock of mortgage loan companies]
1935
March _____ •......•.•. _._
$10,000,000.00 -··-···•·-·········· ·••·····-··--······- --······-·· · ···· -.,priL ______ ·_·····---··-· ········-··-·••·····
$10,000,000.00 ------·-·----··--·-$10, 000, 000.00
JulY·--------······--····· ·--··-·-·---·-·-··- · ·-·············· ···· ·············-······
10, 000, 000. 00
Total. - .. .•.. .. .. . .
1936
July_ - ---- - ···-···-···· ··
August·----··---········-
10, 000, 000. 00
10, 000. 000. 00 ...••. ·-. _. _... •.•••
10, 000, 000. 00
10, 000, 000. 00
10,500,000.00
1,250,000.00 ··••-·-····--···---·- - ··-····---···--- - ··
20, 000, 000. 00
20, 000, 000. 00
10, 000, 000. 00
20, 000, 000. 00
l=======,1=======
1-------1-------1
TotaL . ·-·-·-······
1937
March ___ --- - - -· ······-··
Total, first quarter.
Grand total.... . ...
II, 750,000. 00
l=======l=======il=======I==== = =
5, 000, 000. 00
5, 000, 000. 00 . . . • • • • • . • • . • . . • . . • .
25, 000, 000. 00
5,000,000.00
5, 000,000.00 ···········---······
25, 000,000. 00
1=======1=======1=======1== == ==
2q, 750,000.00
25,000,000.00
(')
25, 000,000.00
TOTA L, SE C. 5D OF THE RECONSTRUCTION FINANCE CORPORATION A CT,
AS AMENDED
[Direct loans to In dustr ial or commercial business, including participations]
$28, 542, 535. 00
$6, 742, 780. 11
$116, 678. 79
$6,626, 101.32
September·--·--·- ---····
October_·-------·······-November._··-··-····--D ecember--··--··········
4. 831,550.00
4, 121, 100. 00
5,719.771. 93
• ff, 970, 125. 86
4, 190, 100. 00
10, 979, 033. 33
6, 996, 830. 00
10, 916, 766. 66
6, 638, 150. 00
4. 213. 108. 33
4, 061, 784. 00
4, 389, 095. 11
1, 007, 767. 64
2,217,094. 26
2,149, 499. 91
2, 042, 758. 77
3, 238, 520. 55
4, 235, 210. 82
4, 410, 737. 99
3, 777, 486. 28
3, 038, 710. 62
2, li86, 5!!5. 32
3, 032, 284. 87
3, 040, 578. 69
21,117.59
82,601.59
58,401.65
213,981.59
212,778.00
167,061.13
239,375. 17
193,000.52
2ll0, 572. 19
273,263.55
320,132.29
465,582.00
8,512,751.37
10, 647, 244. 04
12, 738, 342. 30
14, 5ll7, 119. 48
17,592. 862. 03
21, 661, Oil. 72
25,832, 374. 54
29, 416, 860. 30
32, 224,998. 73
34, 538, 320. 50
37, 250, 473. 08
39, 825, 469. 77
Total .. ·-·····-····
a 73, 036, 415. 22
35, 677, 235. 72
2, 477, 867. 27
39, 825, 469. 77
4, 704, 350. 00
4, 402, 622. 20
3, 150,210.69
3, 056, 798. 11
2, 746, 600. 00
4, 180, 382. 55
4, 736, 439. 97
5, 743,709.02
1, 934, 860. 42
3,451,682.14
I, 129. 525. 00
3, 486. 569. 23
4, 211, 959. 39
3, 118,581. 91
2, 672, 841. 82
2,315,636.46
I , 4M, 704. 60
2, 367, 413. 12
3,014, 622. 10
1, 9~0, 593. 24
2, 159,599. 10
4, 279, 286. 66
1, 68 1,248.38
3, Oi7, 066. 75
403,929.48
443,162.47
772,955. 21
413,246.75
850,885.02
581,149.83
584,498.25
837,442.62
613,876.16
981,627.80
I, 099, 980. 61
I, 173,068.80
43, 633, 499. 68
46,308, 919. 12
48, 208, 805. 73
50, I ll, 195. 44
50, 725, 015. 02
62, 511, 278. 31
64,941,402. 16
66, 034, 552. 88
67,580,275. 82
60, 877, 934. 68
61, 459, 202. 45
63, 363, ~ - 40
42, 723, 749. 33
32. 293, 553. 53
8, 755, 822. 90
63, 363, ~ - 40
11134__-- -- ------ ··-··- ... .
1935
January·----·-··-···- · ·· ·
February.----------·····
March_ .. --·----- · -······
" oriL ____ ---- · --- --···· ··
May - ---- --·········--· · ·
June_ .. _---·····-·-· · - · ··
July. - - ----- - ···---·- ·••·
., ugust __ __ ·--· _·----·-···
1936
Janua1"Y-- ------·-·•······
February.-· -···-········
March ... _...............
A r!L _____ .•. --··········
!,
I
Y-· ----·---·· · ·· ·····-
June _·--·------········ ..
I
July - - - -·---·--··•····· ..
August •• •.... __ ··--······
~ ptember _·- ---·---··· · ·
October._ •••• ·--··-···· ..
~ ovember. __ . -··--······
Deoember--···-··········
Total..--•·········
I
See footnotes at end or table.
Digitized by
Google
54
REPORT OF THI<; HECo::-;sTHl'CTION FINANCE COHI'ORA'l'IOS
6.-Amount of authorizations, disbursements, repayments, and amounts out8tanding from Feb. 2, 1932, to June 30, 1937, inclu8ive, by classes and months 1-Con.
TABLE
TOTAJ,, ~EC. 5d OF THE RECON$TRUCTION FINANCE CORPORATION ACT,
AS AMENDED-Continued.
Year and month
I
Amount authorized a
1937
January __________________
February ________________
March ___________________
Amount disbursed
3 $3,
509, 182. 94
32,061, 6Rl. 21
3 2, l'.IB, 97R. 78
Amount repaid
Amountou~
standing at end
or period
$1,032,814.08
1, 764, 903. 18
1,081,332.00
$1,443,228.13
1, 151,487.31
• 1, 272, 052. 00
$62. 95~ 786.3;
63, 5'36. :J:12. 2'l
63. 375, 48L32
7, 699, 842. 93
3, 879, 049. 26
' 3, 866, 768. 34
63, 375, 481. 32
April_ ____________________
May _____________________
June _____________________
1,414,689.14
1, 658, 700. 00
I, 751,575.00
5,031, 26.1. 62
2, 4fi9, 123. 55
1, 921, 595. 97
795,322.68
667. 223. 64
I 785, 735. 77
67,611,422.:Jli
69,413,322.17
70, 549, 182. 37
Total, second quarter _______________
4,821, 93!. 14
9,421,983. 14
• 2. 248, 282. 09
70, 549, 182 37
Grand total_ _______
155, 827, 506. 62
88,014,601. 76
• 17,465.419. 39
70, 549, 182 37
Total, first quarter_
3
I
LOANS TO IND\:STRIAL OR COUMERCIAL BUSINESS
[l'nder sec. 5d of the Reconstruction Finance Corporation Act, as amended]
1934 ______________________
$25,477,350.00
$6, 31,5. 280. 11
$116, 678. 79
$6, 198, 601. 32
1935
January __________________
February ________________
March ___________________
April__ ________________ --May _____________________
June __________________ --July ______________________
August_ __________________
September _______________
October __________________
November _______________
December ________________
3, 363, 100. 00
3, 570, 600. 00
5,146,471.93
3 6, 136, 125. 86
3, 306, 600. 00
10,391, l00. 00
6, 232, 980. 00
10, 203, 500. 00
5, 236, 800. 00
3, 550, 275. 00
3, 323, 284. 00
3, 708, 095. 11
1, 571, 634. 31
2, 0fi3, 844. 26
1, 666, 500. 38
1,801, 258. 77
2, 9:H, 520. 55
3, 895, 744. 15
4, 015, 443. 83
3, 439, 670. 76
2, 934, 408. 66
2, 280, 772. 82
2,738,384.87
2, 873, 828. 69
21,117.59
82. 521. 59
51,571.65
lf,8, 151. 59
212, 69S. 00
166,378.64
235,675.36
185,635.64
216,860.00
222,825.31
303,386.41
445,775.10
7, 749, 118. IJ!
9, 730, 4!0. 71
11, 345, 369 4l
12,978,476.62
15, 700, 299.17
19,429, 664.1\i
23, 209, 433. 15
26, 463, 468. 27
29, 181, 01r.. 93
31,238, 96-1.ll
33, 673, 962. 00
36, 102,016.49
TotaL _____________
• 64, 168, 931. 90
32,216,012.05
2,312,596.88
36,102,016.49
1936
January __________________
February ________________
March ___________________
April__ ___________________
May _____________________
June _____________________
July ________________ _____
August_ __________________
September _______________
October __________________
November _______________
December________________
4, 350, 300, 00
3,551, 129. 70
2, 332, 710. 69
3 2, 448, 398. 11
2,418,600.00
3,093,313.81
3, 456, 479. 97
5, 459, 459. 02
1, 7.54, 860. 42
2, 799, 182. 14
1, 049, 025. 00
3, 422., 569. 23
3, 988, 339. 71
2, 65,5, 987. 11
2, 4.55, 134. 15
2, 030, 136. 46
1, 342, 204. 60
2,260,913.12
2,942,597.10
1,857,919.94
1,949, 130. 67
3, 628, 323. 99
1, 537, 288. 38
2,980, 141. 75
385,238.64
392,139. 75
542,954.56
332,147.91
803,461.09
502,213.45
4S8, 439. 50
807,870.67
527,531.17
603,877.85
966,553.85
1, 066, 263. 99
39,705,117.56
41,968,964.92
43, 881, 141. 51
45, 579, 133. 00
46, 117, 876. 57
47,876,576. 2l
50, 330, 733. 84
51, 380, 783 II
52, 802, 352. 61
55, 826, 828. ;;
56,397, 5'33.28
58,311,441.04
TotaL _____________
' 36, 136, 028. 09
29, 62S; 116. 98
7,418,692.43
58, 311, 44L OI
February_·-------------March ___________________
a 2, 908, 932. 94
• 1, 830, 281. 21
1, 807, 645. 45
986,083.31
1, 545, 280. 11
924,685.85
}, 394, 336. 45
1,097,178.48
3 1, 054, 217. 21
57, 903, 187. 00
58,351,289. 5.1
58,221, 758.17
Tctal, first quarter.
'6,546,859.60
3, 456,049.27
'3,545, 732. 14
58, 221, 75S.17
738, 738.13
548,131.23
727, 095. 54
62, 262, 658. 66
b4, 146,471.50
65, 189, 1.51.47
1937
January __________________
ApriL_____________________
______ -----·---- ____
May
June _____________________
Total,
second quarter _______________
Grand totaL _______
1,027, 789.14
1, 217, 800. 00
1,628,575.00
4, 779, 638. 62
2, 431, 944, 07
1, 770, 075. 51
I
3,874, 164. 14
8,981,658.20
• 2; 013, 964. 90
65, 189, 45U7
136, 203, 333. 73
80, 597, 116. 61
• 15,407,665.14
65, 189, ,i.51.47
See footnotes at end of table.
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Google
REPOUT OF THE RECONSTRUC'l'ION FINANCE CORPORATION
55
6.-Amottnt of authorizations, disbursements, repayments, and amounts outstanding from Feb. 2, 1932, to June 30, 1937, inclusive, by classes and months 1-Con.
TABLE
PURCHASES
or
PARTICIPATIONS IN LOANS TO INDUSTRIAL OR CO!UlERC!AL BusINJ!SS
{Under sec. od of the Reconstruction Finance Corporation Act, as amended]
Year and month
Amount author!zed•
Amount disbursed
Amount repaid
Amount outstanding at end
of period
$1, 941, 460. 00
$427, 500. 00
--------------------
$427, 500. 00
February ________________
March _____________ . ___ ._
ApriJ _____ ___________ . __ . _
May _____________________
June _____________________
Joly_--------------------~ugust _____ ______________
September _______________
October __________________
November _______________
December________________
886,500.00
235,500.00
328,800,00
735,500.00
615,500.00
217,100.00
663,850.00
586,600.00
401,350.00
447,433.33
418,500.00
681,000.00
336,133.33
153,250.00
482,999.53
241,500.00
304,000. 00
318,266.67
394,894.16
329,815.52
104,301.96
305. 812. 50
293,900.00
166,750.00
-------------------$80. 00
6,8.'30.00
45,830.00
80.00
682. 41!
2,099.81
7,364.88
11, 712. 19
50, 4.18. :M
16,745.88
19,806.90
763,633.33
916,803.33
1, 392, 972. 86
1, 588, 642. 86
1, 892, 562. 86
2, 210, 147. 04
2,602, 941. 39
2, 925, 392. 03
3, 017, 981. 80
3, 273, 356. 06
3, 550, 510. 18
3, 697, 453. 28
TotaL _____________
6, 217, 633. 33
3, 431, 623. 67
161,670.39
3, 697, 453. 28
230,050.00
740,292.50
482,500.00
432,400.00
78,000.00
297,000.00
1, 135, 960. 00
96,250.00
100,000.00
217,500.00
8,000.00
64,000.00
223. 619. 68
462,594.80
217,707.67
285, 500. 00
122,500.00
106,500.00
72,025.00
72,673.30
210,468.43
650,962.67
143,960.00
96,925.00
18,690.84
51,022. 72
229,600.65
81,098.84
47,423.93
78,536.38
96,058. 75
29,246.58
86,267.28
376,952.93
133,349.05
106,804.81
3, 902, 382. 12
4, 313, 954. 20
4, 302, 061. 22
4, 506, 462. 38
4, 581, 538. 45
4, 609, 502. 07
4, 585, 468. 32
4, 628, 895. 04
4, 753, 096. 19
5, 027, 105. 93
5, 037, 716. 88
5, 027, 837. 07
3, 881, 952. 50
2, 665, 436. 55
1, 335, 052. 76
5, 027, 8~7. 07
431,500.00
95,500.00
289,333.33
46,730.77
219,623.07
153,846.15
3
48,491.68
54, Ie6. 23
215, 592. 45
5, 026, 076. 16
5, 191, 533. 00
5, 129, 786. 70
816,333.33
420,199.99
• 318, 250. 36
5, 129, 786. 70
274,900.00
71,650.00
123,000.00
136,000.00
37,179.48
148,720.46
56,584.55
113,162.57
'56,740.23
5, 209, 202. 15
5, 133, 219. 06
5, 225, 199. 29
226, 487. 35
5, 225, 199. 29
• 2, 041, 460. 86
5, 225, 199. 29
19:j4 ___ --- ----------------
1935
.
J annary_________________
1936
January __________________
February ________________
March_-------·------·-·-
~~-=:::::.
::::::::::::
June .. _. _________________
July
__ .-----------------August
___________________
September _______________
October __________________
November _______________
December_. ______________
TotaL _____________
1937
1anuary __________________
February __ --------------
March ___________________
Total, first quarter.
--
ApriJ _____ -·-- ·-··-· -··--May_--------·----------June. - ------------·------
Total,
second quarter _______________
469,550.00
321,899.94
Grand totaL ______
13, 326, 929. 16
7, 266, 660. 15
1
.~GBE:Ellll:NTS TO PURCHASE PARTICIPATIONS IN LOANS TO INDUSTRIAL OR COMMERCIAL
BUSINESS
[Under sec. 5d or the Reconstruction Finance Corporation Act, as amended]
1934 ______ -------- - -------
$1, 123,725.00
1935
January__________________
February________________
March__________________ _
priJ.__ ___ __ _______ ______
May_____________________
Jane_____________________
581,950.00
315,000.00
244,500.00
107,500.00
268,000.00
370,833.33
~~~gt__________________
}~::;:::
~
____________________ ------------·------- _________________ _
_________________________________________________________ _
____________________ -------------------- _________________ _
_________________________________________________________ _
_________________________________________________________ _
$21,200.00
$21,200.00 ____ _______ ______ ___
s.fgl:~ __________!'.~~:~-
~.,1/:'~r~~~:::::::::::::: ---------215;-100~00- :::::::::::::::::::: -----------~•-~:~Xo..-ember_______________
Total._ •. ----· - ----
320,000.00 -------------------- --------------------
2, 649, 849. 99
29,600.00
3,600.00
See footnotes at end of table.
Digitized by
Google
~~\'}~
~g:~:~
26,000.00
26,000.00
56
REPORT OF THE RECONSTRUCTION FIN.ANOE CORPORATION
6.-Amount of authorizations, disbursemenu, repayments, and amounts outstanding from Feb. 2, 1932, to June 30, 1937, inclusive, by classes and months 1-Con.
TABLE
AGREEMENTS TO PUBCHAS!il PARTICIPATIONS IN LOANS TO INDUSTBU.L
Continued
Amount author•
ized •
Year and month
Amount disbursed
oa
COKKll:l&CU.L BUSllQSl!-
Amount repaid
Amount outstanding at end
of period
1936
January..................
February................
March...................
$124,000.00 .•.•••••.•..•••...•..••..••.••.•••••••••
111, 200. 00
335,000.00 ..••••••..•••••.....
$400.00
~1i:::: ~ ·••················· ····················
~;~!.==::::::::::::::::::
June ....•....•... _.......
790, 068. 74 . . . . . . . . . . . . . • . . . . ..
{()()_ 00
July......................
1144, 000. 00 .••.•..•••..•••••••. ·············•······
August...................
188. 000. 00 ...••.. •• • •.•••••..•
325. 27
September...............
80,000.00 ..••.•.•••••.•••••••
77. 71
October..................
435,000.00 ...•.•.•••...•.••.••
797. 02
November...............
72,500.00 .•..•.•...•••.••.•••
77. 71
December.•.......•........•......•............................•..•••..•..•••••....•.
Total. .......••••..
• 2, 705, 768. 74
2,077.71
$26,000.00
26,000.00
21i, 600.00
25,600.00
25,600.00
25,200.00
25,200.00
24,87U3
24,797.02
24,000.00
23,922.29
23,922.29
23,922.29
i=======i===============J======
1937
January..................
February.................
March...................
168,750.00 ..••.••••.•..•••.•••
135, 900. 00
132,000.00
$2,800.00
{00, 00
142. 60
2,243.24
23,522.29
23,379.69
23,93M6
1-------·1-------•1--------1-------
Total, first quarter.
• 336, 650. 00
2, 800. 00
2, 785. 84
23,936.45
l=======l=======l=======I======
139,561.45
April.....................
112,000.00
115,625.00 •••••••••••.•.•.••..
133,631.61
May.....................
369,250.00 .••••••••...•.••••.•
5,929.84
1 1,900.00
June..................... .•..................
2,800.00
134,531.61
Total, second quar·
ter .•.......•.....
1-------·1-------·1--------1-------
Grand total.. .....•
481,250.00
118,425.00
7, 297, 243. 73
150,825.00
7,829.84
134,531.61
16,293.39
134,531.61
I
1
TOTAL, SEC. 5e OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS
AMENDED
[Loans on the assets of closed banks and trust companies)
1934••.•..•.......... ·.•••
$22,360.75
$131,116.87
$22,500.00
$139. 25
/=======!=======11=======/====
1935
January ................. .
February ......•.........
March •••.........•......
April .•...................
May .••.......•.•....... .
June ••.••.•.•...•......•.
July .•....•...............
August .................. .
September ..............•
October.....•............
November .............. .
December..••............ ,
79, 988. 24
102, 059. 90
193, OM. 63
110, 118. 91
82, 867. 05
11,231,136.44
111, 000. 00
164,430.65
75,135.91
8. 594. 84
8, 690. 00
23, 500, 00
_______
Total. •.....•......
12, 190, 576. 57
34. 206. 70
13, 211. 53
48, 955. 12
82, 387. 25
92, 672. 48
103, 261. 78
91,233.42
10, 468, 138. 63
84,471.17
42,367.47
63, 605. 08
31, 443. 48
652, 657. 07
1,365.58
5,261.22
10,505.65
8,119.53
7, 1511. 20
10,466.26
972,554.09
1,759,674. 15
561,747.14
7, 196,800. 54
19,603.98
18,357.46
11, 774, 404. 48
10, 571, 604. 80
1, 225, 160. 43
40,298.51
14,119.64
27,036.63
23,550.36
30,561.69
40,041.16
41,535.47
62,260.33
16,064.49
31,750.86
23,882.00
34,604.18
1, 213, 242. 03
I, 199, 122. 39
1, 187, 570. 53
1, 204,303. 71
1, 439, 412. 19
1, 462, IOI. 27
1, 430, 295. 99
1,387,878.67
1,371,814.18
1, 364, 351. 12
1, 340, 469. 12
1, 316, 358. 68
385,705.32
1, 316, 358.118
77,910.00
149,792. :ll
234,345.15
330,447.73
411,21U9
9, 906, 799. 43
8, 231, 596. 4,1
7, 712, 216. 78
579,021.32
590,860.82
1, 225, 160. 43
1-------f-------·1-----
1936
January..................
305,365.56
28,380.11
February .........•............•......•............•.....•.......
March...................
26, 298. 85
15, 484. 77
April.....................
23, 750. 00
40, 283. 54
May.....................
4,426.14
265,670.17
Total .•••.•....•...
769,794.22
476,903.57
June.....................
27,578.98
62, 730. 24
July..........................................
9,730.19
August................... .••...••............
19,843.01
September...............
13,173.07 •.•.••••••••.•......
October..................
166,359. 72
24,287.80
November...............
71,251.47 .•••••••.....•......
December................
131,590.43
10,493. 74
l======l======l•=====i
See footnotes at end of table.
Digitized by
Google
REPORT OF THE RECONS'l'RUCTION FINANCE CORPORATION
57
6.-Amount of authorizations, disbursements, repayments, and amounts outstanding from Feb.£, 193£, to June 30, 1937, inclusive, by classes and months 1-Con.
TABLE
TOTAL, SEC. lie OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS
AMENDED-Continued
Year and month
Amount author•
!zed
1937
January ........••.•.•....
February_ •• ······-··· ...
J
Amount disbursed
-------------- - -- -$40,573.66
March.----·--···········
$228, 698. 75
43,568.68
62,737.09
Total, first 9.uarter.
335,004.52
40,573.66
tf..~1-:=:::::::::::::::::
1,204,000.00
154,800.00
410,700.00
23,084.65
30,596.44
June.------··············
Amount repaid
Amount out•
standing at end
of period
$33,065.45
40,188.41
Tl, 578. 62
$1, 283, 293. 23
I, 283, 678. 48
1, 256,099. 86
100, 832. 48
1, 256, 099. 86
21,406. 77
56,445.16
I 26,174, 59
1,257,777. 74
1,231,929.02
1, 205, 754. 43
104,026.52
1, 205, 754. 43
• 11, 162, 308. 37
1. 205, 754. 43
--------------------
I
I
---------------- ----
Total, second quar•
ter ···············
1, 769, 500. 00
53,681.09
Grand total •.••.•.•
15, 195, 992. 18
12,368,062.80
I
TOTAL, EMERGENCY RELIEF AND CONSTRUCTION ACT OF 1932, AS AMENDED
1932.••••••••••••.••......
1933 .••• -· •. ••·•····· .....
11134••• ·-. --·-·····-·· ••••
1935
January•••••••••..••.....
February ••••••..•.......
March .•••••••.•...•..••.
$97, 028, 559. 23
437,437,617. go
473, 036, 520. 54
100,075,000. 00
1, 994, 117. 18
11, 320, 844. 02
8, 868, 557. 15
12, 473, 105. 53
13, 837, 388. 69
12,557,881.66
107,693,518. 21
97, 033, 894. 59
25, 774, 743. 12
22, 996, 380. 34
7, 900, 834. 05
7,440,420. 74
4, 810, 693. 25
5, 973, 192. 77
6, 189,376. 35
3, 864, 503. 08
914,329.61
2, 483, 034. 33
5, 641, 568. 14
11, 412, 700. 18
1, 379, 191. 11
938,119.59
3,251,455.64
500,000.41
30,481,058. 60
478, 384, 171. 79
481, 063, 352. 59
489,671,955.04
502, 595, 014. 12
512,669,861. 45
614,721,811.52
700, 343, 005. 93
724, 738, 557. 94
746,796,818.69
751, 446, 197. 10
758,386,617.43
732, 716, 252. 08
298, 085, 182. 40
332, 708, 261. 35
73, 028, 529. 81
732, 716, 252. 08
100, 000. 00
505,432.50
80,652.05
903,558.08
57, 500, 000. CO
18, 637, 112. 42
160, 535. 000. 00
225,000.00
225,000.00
10, 085. 000. 00
60,000.00
37, 501, 341. 94
3,831,372.88
6, 329, 345. 56
5,175,400.15
II, 446, 590. 95
13,819,950.47
7, 380, 161. 71
6, 88~. 927. 02
7, 366, 098. 92
6, 850, 964. 55
4, 130, 725. 71
4,051,064.45
898,457.17
1, 903, 813. 57
2, 340, 651. 15
19, 84.5, 863. 80
123, 493, 843. 87
33. 701, 157. 72
71,631, 795. 21
610,972.42
451,175.81
409,865.22
324,510.31
2, 993, 383. 56
769, 319, 136. 85
771, 246, 696. 16
775. 235, 390. 57
760, 564, 926. 92
648, 517,674.00
628, 636. 466. 75
564. 381. 833. 25
570,662,787.85
577,577,710.96
5ll4, 018. 810. 29
587, 825, 025. 69
588, 882, 706. 58
238, 8511, 755. 05
114, 771. 944. 31
258, 605, 489. 8 I
588, R82, 706. 58
405,000.00
41, 576, 836. 28
6, 873, 191. 63
2, 176, 207. 37
I
l\60,627.H
12, 513, 98.i. 63
49, 5'Il, 755. 70
629, 798, 915. 72
624, 158, 121. 72
576. 806, 573. 39
-------------------77,000.00
100, 020, 000. 00
50,000.00
1936
January ..................
February..•.•••••.•••...
March ..••••..•.•••••••••
,. pril. ...•........••••....
May .....................
June ..•.•••...•...•••••..
July ...••.•••••..••••••.•.
Auirust ...••••.•••••••••..
September..•••••••••.•..
Total •••.••••••.•..
4, 620, 654. 50
1,751,013.91
815,051.31
7,000,000. 00
86, 153, 000. 00
Total. .............
October ...•.•.•••••......
Kovember .•••••.........
December ••••.••.........
m. 122,446.31
-------------------150,000.00
tr,.r;i-:~:: ::::::::::::: :::
June •••.•.•..•••..•••••..
July .•.•.••.••••••.•......
•.\ugust ..•.•••••••••......
September •...•.•......•.
October••........•..•••••
November .•••.•.•....••.
December ••.••..•••.•••••
-------------------I
$115, 456. 9.i
$97,144,016.18
345, 029, 713. 17
308, 721, 348. 95
$313, 044, 328. 13
704, 921, 'Il9. 71
453, 239, 878. 86
1937
January ..................
Febmary ••..••••.•.....•
March ...................
---------------------------------------
Total, f!rst Qlllll'ter.
405,000.00
50, 626, 235. 28
• 62, 702, 368. 4 7
576, 806, 573. 39
tr:~·::::::::::::::::::::
60, 000, 000. 00
2, 133, 928. 70
6, 674, 56.i. 29
3, 647. 487. 95
3, 406, 119. 05
24, 247, 975. 69
12, 497, 467. 16
I 2,163,217.19
5S9, 233,162.99
550, 383, 183. 78
551,716,055.64
62, 133, 928. 70
13,818,172.29
38, 908, 690. 041
551,716,055.64
2,070,686,352.85
i. 262, 819. 691. 53
June·---------·-·········
Total, second quar•
ter .•••••••••.••••
Grand total ________
I
I
1711, 103, 635. 89
651, il6, 055. 64
Bee footnotes at end of table.
Digitized by
Google
58
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursements, repayments, and amount8 outstanding from Feb. 2, 1932, to June 30, 1937, inclusive, by classes and months 1-Con.
TABLE
SELF·LIQUIDATTNG PROlECTS (INCLUDI'1G LO.lNS FOR FINANCING REPAIR
FIRE, TORNADO, OR CYCL0'1E IN 1933)
or
DAIHGB BY EABTIIQUAKlr,
[Under sec. 201 (a), title II, of the Emergency Relief and Construction Act of 1932, as amended)
Year and month
Amount author•
ized
2
$14.,, 775,534.24
81, oss. 207. 26
25. 333, 313. 36
'932 .................•....
1933 ..................... .
1934 ..................... .
1935
Amount disbursed
$15, i37, 000. 00
47, 86S, 091. 58
67. 950, 843. 33
Amoµnt repaid
-------------------$152,175.00
8,867.041. 57
January ..•...................................
2, 758. 266. 11
90. 755.16
February ...................................•
3. 727, 728. 86
1, 327, 180. 46
March ••...•.................................
5, 086, 225. 3 I
555,843.45
April.....................
53,000.00
2, 228_. 000. 00
91,881.37
May ...•.................•.•.................
3, 056, 7/iO. 00
13,530, 87
9, I 58, 389. 19
June.....................
36, ()()(), 000. 00
14,547.09
July .....••..................•...•.............
2, 935, 100. 00
878,931.10
August___________________
7,000.00
6, 345, 955. 52
169, Oll2.14
September ..........•............•.••.....•..
13, 650, 000. 00
79,534.28
October ..................................... .
2, 843, 262. 50
2, 836, 802. 14
November ..•.........................•......
4,961,758.33
89,272.40
December..•.................................
3, 040. 000. 00
29, 873, 359. 18
Total..............
36,060.000. no l - - - 43.5.
- -82
- l · - -36,
-~
-59,~
7Ql,
023,
732.
f\4 I
..\mount out•
standing at end
of period
$15, 737, 000. 00
63, 450, 916. 58
12%, 534, 718. 34
125, 202, ~- 211
127,602,777.09
132, 133, Hill. 55
134, 266, 275. 18
137,300,494.31
146, 453, 336. 41
148, 50Q, 505. 31
154, 686, 368. 69
168, 256, 8.'H. 41
168, 263, 294. 77
1i3, 135, 780. 70
146,302,421.62
146, 302, 421. 52
1936
Jant1ary __________________ ---------- -- -- -- -- -7, 463, 954. 95
1OJ, /i06. 62
153, 664, 869. 85
February................
5, 432. ,'iO
3,029,480.51
1, 375, 925. 52
155,318,424. 8!
March ..............................•.•......
4, 929, 626. 03
579,927.01
159, 6M, 123. 86
April ........................................ .
4, 085, 000. 00
158,330.99
163, 591, 792. 87
9,027,574.84
May.....................
57, 500, 000. 00
86,516.50
172, 535, 851. 21
June ...•••.••................................
1,479,000.00
5, 540, 428. 49
16-'l, 474,422. 72
July ....•...••. · .....................•........
5, 942, 044. 44
2!:4, 955.17
174,211, !ill.119
Au1mst ...•.•..•..............................
5, 862, 402. 81
36,802.21
I 80, 037, 112. 62
September.••.•.......................•......
4, 428, 000. 00
50,399.90
184,414, 712. 72
October.....•..............................•.
4,710,882.89
68,025.19
189,057,570.42
November .................................. .
3, 600, 000. 00
174, 46(). 36
192,483, 110. 06
December ...•................................
3,600,300.00
2, 836, 1\78. 44
193. 246,831.62
l--------l·--------1--------1
Total..............
57, 505, 432. 50
58, 158, 266. 50
11, 213, 856. 40
193, 246, 831. 62
1937
1=======1°=======!====
5, 184, 000. 00
January..................
5, 000. 00
96,002.45
198,334, 829. 17
l<'ebruary ••...•..............................
6, 52.5, 896. 92
26,015.00
204, 834, 711. 09
M,ucb ...•.......•.•....................•....
1,837,000.00
• 64,555. 72
206,607. 155. 37
Total, first quarter.
5,000.00
13, 546, 896. 92
' 186, ,573. 17
206,607, 155. 37
April.. ....••••••.........
60, 000, 000. 00
6, -172, 704. 08
127,321.20
213, 052, 538. 25
May ....•..•...•.............................
3, 600, 000. 00
80,088.28
216, 572. 4.49. 97
June .....•••.............
232. 20
3, 384, 232. 20
'53,318.36
219,903,363.81
Total, second quar• - - - - - - - l - - - - - - - · l - - - - - - - - 1 1 - - - ter .. • . . • •• . . ... . .
60, 000, 232. 20
13, 556, 936. 28
'260,727.84
219, 903, 363. 81
Grand total........
!=======!
409, 667, 719. 56
276, 007, 470. 43
' 56, 704, 106. 62
219;903, 363. 81
FINANCING EXPORTS OF AGRICULTURAL SURPLUSES
[Under sec. 201 (c), title II, of the Emergency Relief and Construction Act of 1932, as amended]
1933 ..•..•.••........•.•..
1934 ...............•......
1035
$52, 880, 542. 80
490,412.42
$7, 142,728.38
13,056,514.59
$247,531.37
4, 775, 909. 17
February................ . .. . .... ...... ......
6,974.45
10,103.32
March................... ....................
9,225.36
219,539.62
April..................... .......... ... ... ....
9, 143. 88 ................... .
May ...•..........................................................
36,139.66
June ..................... . ...................................... .
394,766.90
July ............................................................. .
15, 091.9•1
Reptember ..•....................................................
216,436.21
December....................................
. ............. .
273,104.63
1,174,182.28
TotaL. ..•. ·-······ . ...................
25,343.69
$6,895, 194. 01
15, 175, 799. 43
15, 163, 670. 56
14, 953, 3.56. 30
14, 962, 500. 18
14, 926, 360. 52
14, 531, 593. 62
14,516, 501. 68
14,300,065.47
14, 026, 960. 84
14, 026. 960. 84
1936
March .•....•...•........ ··-················· ···········-···•·••·
April.. ......................................................... .
'rota!. ...........•.........................................
Grand total. ...... .
53, 370, 9,55. 22
20, 221, 586. 66
442,677.06
13, 537, 387. 79
13, 980, 064. 85
13, 584, 283. 78
46,895.99
46,895.99
'20, 177,690.67
46,895.99
See footnotes at end of table.
Digitized by
Google
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
59
6.-Amount of authorizatiom, dubursements, repayments, and amounts outatanding from Feb. B, 199B, to J UM SO, 1997, inclusive, by classes and months L-Con.
TABLE
FINANCING OJ' AG!llt:ULTUIUL COJDl0Dfflll8
.um
LIVIISTOCK
[Under sec. 201 (d), title II, of the Emergency Relief and Construction Act of 1932]
Amount author•
!zed.
Year and month
11132.. •••.••••••••••..•.•••
11133•••.•••..••..•••.•••••
$M, 775, 920. 67
379,645,WJ.87
427,4111, 163. 08
uru.. .....................
1935
1anoary..................
J'ebmlll"J' . ...............
March ...................
Amount d!Bbursed
Amount repaid
Amount outstanding at end
of period
'OT, 713,991.03
sm, 456. 95
3, 250, 860. 13
2.'18, 238, 171. 57
$1, 324, 617. 14
68, 076, 593. 31
37, 662, 412. 77
5, 826, 905. 61
4, 843, 092. 67
3,081,620.01
818,795.24
2,413,363.80
5, 231, 354. 16
10, 518, 067. 14
1, 143, 098. 97
118,749.10
83,653.50
343,728.01
260,244.79
40, 288, 085. 07
40,578,846.34
44,874, 881. 19
66, 656, 330. 76
62, 744, 098. 62
156,047,873. 49
239, 628, 600. 1K
257, 914, 289. 57
267, 140, ll'l(), 81
272, 114, ~- 86
274,249,773.26
275, 760, 221. 72
$1,439,974.09
70, 002, 936. 30
November ...............
D-ber................
October ••••••••••••••••••
100,020,000.00
50,000.00
100, 075, 000. 00
1,994,117.18
8, 562, 5Tl. 91
5, 133, 863. 84
7,377,654. 86
u, 600,244. 81
9, 501, 131. 66
98, 635, 1211. 02
94, 098, 794. 59
19, 428, 787. 60
9, 346, 380. 34
5,057, 571. 66
2, 478, 662. 41
1, 770, 693. 25
Total ..............
262, 025, 182. 40
272,891, 481. 84
34, 683, 672. 89
275,760,221. 72
100,000.00
500,-000. 00
80,662.05
903,558.08
30, 037, 386. 99
801,892.37
1, 399, 7UI. l53
1,090,400.15
2, 419, 016. 11
12, 340, 960. 4,7
1,438,117. 27
1,026,524.18
2, 1138, 098. 92
2, 14,(), 081. 66
530,725.71
4.50, 764.. 4.6
796,208.65
527,453.06
1, 1211, 047. 08
6, 160, 145. 02
123,387,327.37
28, 167, 969. 23
71, 426, 840. 04
383,670.21
172,275.91
105,840.03
48,049.95
82,805.12
305, 001, 400. 16
306, 275, 889. 48
305, 646, 611.-93
300,486,767.06
119, 518, 455. 80
163, 701, 437. 04
93, 712, 714. 27
IK, 366, 568. 24
97, 121: 391. 25
99, 166, 6.12. 88
99, 638, 308. 64,
100,006,267. 97
• 181, 351, 322. 66
56,613, 677. 81
232, 367, 631. 56
100,006, 267. W
400,000.00
36, 392, 836. 28
347, 21K. 71
339,207.37
336,124.69
12, 487, 1170. 63
• 43, 337, lllll. 98
136, 062, 979. 56
123, 922, 303. 64.
80, 924,311.03
400,000.00
37, 079, 338. 36
• 66, 161,295. 30
80, 924,311.08
101,861.21
47,487.96
111,886.85
24, 120, 654. 49
6, 271, 308. 88
I 2, 107, 928. 83
56,905,517. 75
50, 681, 696. 82
48, 685, 654. 84
32, 499, 8112. 20
48, 685, 654. 84.
617,316,980.60
48, 685, 654. 84.
150,000.00
1,751,013.91
762,051.31
7, 000, 000. ()()'
50,153,000.00
~L.:::::::::::::::::::
1une.•...................
1uly•·•••• ••••••••••••••••
August...•..••......••••.
September...............
1&nUIP'J'
.... --------70,000.00
-- -- ---- --
11136
,•...•••.•••••••
Februlll"J' . ...............
March ...................
tr.::::::::::::::::::::::
1une. ....................
• 8, 637, 112. 42
160, &15, 000. 00
1oly••••••••••••••••••••••
Auguat ..•...•••...•.•....
225,000.00
225,000.00
Beptmnber .• .............
10, 085, 000. 00
October ..................
November ...............
D-ber................
60,000.00
------------------- -
Total ..............
11137
1anuary..................
Febmlll"J' ••••••••••••••••
March ...................
-------------.-------- -.. -------- -.. ------
Total, first quarter.
-------------------May .•...•...•....•..•••.
April. •..••...•..••••.....
2, 133, 696. 60
1nne••••• ·······-·······
Total,seoondquar•
ter ...............
Grand total ••••••••
I
2, 133, 696. 60
261,236.01
1, 307, 64.7, 678. 07
I 666,002, 1136. 44
I
II
AKOUNTB MADII AVAILABLE J'OB RIILIJ:I' AND WOBK RELIEJ'
[Under sec. 1, title I, of the Emergency Relief and Construction Act of 1932, as am~ded]
1932... ••• ••••••••••••••••
$112,492, 873. 22
$79,967,042. 09 : •••••••••••••••••••
1933......................
187,607,126. 78
220,017, 1166. 91
$970,086.00
11134 .•••••••••.••••••••••• ·················••· ··••···••·••••·••••·
1,241,324.00
1935
65,632.00
7,500.00
660.00
April. ••••••••••••••••••••••••••••••••••••••••.•••••••••••••••••••
20,000.00
'day ••.•••.••••••••••••• •••••••••·•••••••••• ••••••••••••••••••••
900, 00
June ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••
July_ ••••••••••••••••••••••••••••••••••••••••• ·•••••••••••••••••
610. 00
67,000.00
Au1mst •••••••••••••••••••••••••••••••••••••••••••••••••••••••••••
622,400.00
Sepuimber•••••••••••••••.•••••••••.••••.••••••••••••••.•.•••••••
331,000.00
October .••••••••••••••••• ··-···················•····•···········
67,000.00
-.:nvember ••••••••••••••• ······-············· ••••••••••••••••••••
74,350.00
December••••••••••••••••.•••..••••••••••.••..••••.••••••••..•...
~ ~=::::::::::::::: :::::::::::::::::::: :·::::::::::::::::::
Total ••••••••••••••••••••••••••••..••...••.••••.••••••••...
1,146,942.00
$79, 967, 042. 09
299,014,914.00
297, 773, 500. 00
297, 718, 058. 00
297, 710, 558. 00
297, 709, 908. 00
297, 689, 908. 00
297, 689, 008. GO
297, 688, 398. co
297, 621, 398. 00
297, 098, 998. CO
296, 767, 998. co
296, 700, 998. co
296, 626, 648. 00
296, 626, 648. 00
See footnotes at end of table.
Digitized by
Google
60
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursements, repayments, and amounts outstanding from Feb.2, 1932, to June 80, 1937,inclusive, by classes and months 1-con.
TABLE
AMOUNTS MADE AVAILABLE FOil RELIEF AND WORK RELIEF-Continued
Year and month
Amount authorized•
Amount disbursed
Amount repaid
Amount out-
standing at end
of period
1936
January
_______________ --------------------·------------·-----_
February._____________________________
. ·--- _____________________
$742. 00
435. 00
189,000. 00
March_---------------·-- ---·-·-----·-·--·-·- ·--·--···-·-·-··---20,000.00
May.------·------------- -----·-----·-----·- - .. ····-··----- -----2. 760. 00
June .. ·-··-·------------- -----·---- -----·--·- --·· ... ·---·--··-••·
190, 500. 00
August .. ---·------------- --·---- - ---·-·-- ---· •-·· •-·-. · -·--·----2'28. 500. 00
September.------·---··-· -· -·------ .. __ ·----· ·----·-· ·- · -·· ··- --·
236, 000. 00
October .... --·-----·-·-·· ---·---· -- ---- · ·-·- · ·- · ·-·-· ---· ·- ·--·-.
102,000.00
'November ........ -·-··---···--··--·- · · · ···--·----·-·-·-·-··---··
December·-·····---·-··-· ......... . .... .. · - ··ic·.;,.
· ·-·_·-_-_._
.._._
....:.-_··_-_--_·_1_ _ _ _74,000.00
'-'---•I1, 1143, 937. 00
Total.. ·- ·--------- --··-·-··---·---- · -· .. . __ ... --· ..• _... _.
$296, 625, 906. 00
296, 625, 4il 00
296, 436, 471. 00
296, 416, 471. 00
296, 413,711.00
296,223,21100
295, 1194, 711. 00
2115, 758, 711. 00
295, 656, 711. 00
295, 582,711.00
295, 582, 711. 00
1937
228,500. 00
January ________ ·-·--··-·- -----·-·------··---· ---·---. ··---------6, 126, 000. 00
March---·--------------· ··-··---··---- · ·· .. ·1-·----·-·--·_-_·-_·_
··_-_--_-_--_-,l----'---------•I_
6, 354, 500. 00
Total, first quarter_ -----·--··--·-····-- -·· --·--·--·--···---
295, 354, 211. 00
289, 228, 211. 00
289,228,211.00
6, 146, 070. 00
May'-------------·-·---- --------·----· ·--·-. -------- ·-· --- -- ---June .. ___________________ ---·-. ------- --- · ·-- ----- ·-· - --. --- -- -- 12,000.00
1- Total,second quar•
-----+--------1-
283, U82, 141. 00
283, 080, 141. 00
ter _. _________________ -· ..•... _. -- -- - . -- ·----. - .. ----- --·.
Grand totaJ. ______ _
$:JOO, 000, 000. 00
6, 148, 070. 00
283,080,141.00
16, 904,858. 00
283,080,141.00
I
$299, 984, 999. 00
I
TOTAL, ACT APPROVED MAR. V, 1933, AS AMENDED
[Loans on and subscriptions for preferred stock, and purchases of capital notes o·r debentures, of
banks and trnst companies]
$496, 556, 000. 00
656, 910, 925. 00
$264, 346, 216. 67
673,657,834.23
$145, 975. 00
73,873,817.30
$264, 200, 241. 67
863,984,258.60
15, 054, 300. 00
2, 536, 250. 00
3, 07i, 500. 00
1, 673, 400. 00
5, 269, 650. 00
5, 893, 600. 00
7, 313, 500. 00
3, 98S, 70(). 00
16, 322, 000. 00
1, 587. 500. 00
5, 746, 000. 00
13,751,864.00
82, 211, 264. 00
15, 460, 560. 00
27, 135, 725. 00
9, 155, 660. 00
4, 831,000.00
5, 525, 975. 00
6, 782, 063. 33
3, 627, 500. 00
6, 136, 150. 00
9,412,375.00
4, 938, 380. 00
2, 828, 500. 00
7,136,400.00
102, 969, 288. 33
5, 465, 7-54. 69
5, 211, 054. 83
2, 225, I 00. 43
7, 648, 956. 50
3, 439, 600. 27
4, 218, 296. 79
6, 563, 589. 35
5, 551, 734. 93
7, 696, 276. 26
2, 406, 767. 78
2, 340, 578. 18
17, 169,914. 93
69, 937, 714. 94
873, 979, 063. 91
895, 903, 734. 08
902, 834, 293. 65
900,016, 337.15
902, 102, 621. 88
904, 666, 388. 42
901, 730, 299. 07
902, 313, 714. 14
904, 029, 812. 88
906, 561, 425. 10
907, 0411, 346. 92
897,015,831.99
897, Olli, 831. 99
661,250. 00
1, 055, 000. 00
I, 682,500. 00
85,000.00
2, 367, 500. 00
932,450. 00
25,000. 00
10,000. 00
56,000. 00
60,000. 00
425,000. 00
1, 430, 000. 00
8, 789, 700. 00
12, 748, 114. 00
1,179,200.00
1, 867,400.00
7, 100, 000. 00
560,000.00
1, 578, 950. 00
502,600.00
3, 025, 000. 00
2, 032, 500. 00
1,010,000. 00
75,000.00
606,000.00
32, 293, 764. 00
5, 078, 005. 27
18, 228, 664. 57
12,176,087. 42
7, 400, 914. 95
5, 406, ¼72. 58
53, 774, 430. 94
99, 260, 633. 87
I J:CI, 126,510.19
I 5, 807,009.81
I 8, 912, 765. 91
I 7, 303, 760. 65
I 32, 557, 751, 11
275, 034, 807. 27
004, 685, 040. 72
887, 635, 576. 15
877,326,888. 73
877, 03(, 973. 78
872,188,501.20
819, 993, 020. 26
721, 234, ~- 39
705, 133, 476. 20
701, 358, 066. 3g
693, 455, 300. 48
686, 226, 5311. 83
654, 274, 788. 72
654, 274, 788. 72
February_--------------March __ ----------------Total, first quartilr _
100,000.00
870,000. 00
25, 037, 500. 00
26, <Nl, 500. 00
360,000.00
640,000.00
1, 035, 000. 00
2, 035, 000. 00
14, 868, 540. 28
I
I
10, 765, 8117. 94
8, 771, 1116. 25
34, 405,634.47
639, 766, 2'8. «
629, 640, 350. 50
621. 904, 154. 25
621, 904, IM. 25
~1-::::::::::::::::::::
343,000. 00
6, 670, 000. 00
5, 996, 800. 00
120, 000.00
93,000.00
6, 2'JO, 000. 00
I
2, 257, 113. 00
1; 776, lW. 47
10,381, 6111. 82
619,767,041 . 16
618,084,841.611
618, IHS, 2411. 117
1933 ______ ----·---·- •• ·- ·1934--------------··-----1935
I
January _____ ·-·-------. -February. _______________
March_·-·----- __________
te:t:::::.=::::::::::::::
June •. _______ --·--------July.
__ ----- - --· -- -- --August
___ --_______________
September _______________
October·····-------·----November
_______________
December ________________
TotaJ ____ ---------·
1936
January __________________
February ________________
March __ ·---------------_
~~·::::::::::::::::::::
June .. -------------------
July
- - - ----------------August_
__________________
September _______________
October __________________
November _______________
December________________
Total ______________
1937
1anuary__________________
June . -------------------Total, 118COnd quar-
13, COIi, 800. 00
6, 433, 000i 00
1. 283, 576, 189. 00
1,081, 735, 103. 23
t,er _ --------------
Grand total ________
I
I
I
I 14, 393, 004. 38
613, 1143, 249. ff1
I
467, 791,863.38
613, 943, 3'11. ff1
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See footnot81 at end of table.
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
61
6.-Amount of authorizations, disbursements, repayments, and amounts outstanding from feb. 2, 1932, to June SO, 1937, inclusive, by classes and months '-Con.
TABLE
LOANS ON PRJ:H:RRED STOCK
or BANKS AND
TRUST COMPANIES
[Under the act approved Mar. 9, 1933, as amended]
Amount author•
Year and month
!zed t
I003.••••••••••••.••••••••
1934..••.••••••••••••••••.•
Amount disbursed
$10, 689, 500. 00
11,524,855. 00
$7, 848, 100. 00
7,823, 525.00
296, 300. 00
511,130.00
328,025.00
657,400. 00
62,000. 00
260,000. 00
161,000.00
Amount repaid
Amount out•
standing at end
of period
$58,675.00
1,478, 513.37
$7, 789,425. 00
14, 134, 436. 63
153,068.62
144,234.83
26,150.43
62,256.50
403,340.27
28,106. 00
113,696. 43
304,107.36
59,953.37
132,321.52
199,078.18
87,254.93
14,492, 498. 01
14, 676, 288. 18
15, 307,537. 75
15,307, 281. 25
15,163,940. 98
15,296,834. 98
15, 183, 138. 55
15,049,381. 19
15, 004, 427. 82
14, 885, 606. 30
14, 711, 528. 12
14, 698, 773. 19
l========l=======l=======I======
Ul3li
Ianuary .••.•••••••••••••
February................
Mvch...................
April.....................
May.....................
156, 750.00
73,500.00
41, 900.00
124,650. 00
12,600.00
107,000.00
40,700.00
June.....................
July.....................
Aagust....... . ......... ..
170,350.00
15,000.00
13,500. 00
25,000. 00
74,500.00
~; l::: ~
~lto1:r~~::::::::::::::
N'ovember.••.•••••••.••. •···················
December..•.••••••••••..••••..••.....•..••..
2, 277, 905. 00
975,400.00
1, 713, 568. 44
14,698, 773. 19l=======l=======l=======I======-"
11139
112,473.20
Ianuary•.••.•.••••••••••• ..•..•••....•.•.••••
14, 626, 299. 99
40,000. 00
332,696.54
February................ •...••.•............
5,200.00
14, 298, 803. 45
128,408.70
March...................
85, 000. 00
14, 245, 394. 75
75, 000. 00
243,694.95
14,001,699. 80
32,272.58
14, 024, 427. 22
105,520.94
HI, 942, 906. 28
Inly. .•...•.••••••••••••.••••..•..•• •••••••••..•...•.••••••••••.•.
56,909.28
13, 885,997. 00
218,798.94
13,
667, 198. 06
August ....•••.•••••••••.. ••.......•.•.••.... · ·····•··••••••••••••
September •••••••••••••.•.•••.•••.••••.•••.•. .•...••••••••••••...
83, 838.15
13, 583, 359. 91
112, 815.71
13,470,544. 20
November ...•••••••••••.••••.•.•••..•...••.•.•••••.• ••••••••.•..
37,900.78
13, 432, 643. 42
74,025.98
13, 358, 617. 44
~mber.••..••••••••••• •······ ············· ••·••·•··•• •••••••••
Total ••••••••••••••
~:1\:::::::::::::::::: ::::::::::::::::::::
:: :::: gg
October.................. ···················· ····················
Total •..•••••••••••
199, 200. 00
85,000.00
1, 539, 355. 75
13, 358, 617. 44
393,972.11
308,193.92
• 76,194.18
12, 964, 645. 33
12,656,451.41
12, 580, 257. 23
l=======l=======l=======I======
19:17
}":~•••.•••••••.•••. ••·•·•••· 100, ooo. oo· ................... .
Maroh .•.••..•••••••• •.• . •················••· ·••••••·•• ••••••· ·· ·
Total, first qoarter.
100,000.00 •.•••.•. •••••••••...
' 778, 360. 21
12, 580, 257. 23
AptiL •••.•.•..•••••••••....••..••..••••.••....••••.••••••••••.•.•
May •••••••••••••••••••••••••••••••••••••••••••••.•••••••••••••••
Ione ••••....•.••••••••••..•..•••...•..•••............•••••••••••.
212,887.65
126,568.38
'97,361.82
12, 367, 369. 58
12, 240, 801. 20
12, 143, 439. 38
'436,817. 85
12,143,439. 38
6,005, 290. 62
12, 143, 439. 38
Total, second qoar•
ter •.•.•••••••••.....••••••.•••.•......•..•..••••••••••••.
23,374, 755. 00
Grand total ••••••••
18, 148, 730. 00
SUBSCRIPTIONS POB PBBrBBBED STOCK
or BANKS AND
I
TRUST COMPANIES
[Under the act approved Mar. 9, 1933, as amended]
193&.•••••••••••••••••••••
1934.••..•••.•••••••••••••
~=y. . . . . . . .
$262, SSL, 400. 00
450, 862, 170. 00
$140, 353, 916. 67
457, 477, 509. 23
$87,300.00
7,030, 342. 50
$140, 266, 616. 67
590, 713, 783. 40
12, 925, 500. 00
2, 236, 000, 00
1, 602, 000. 00
1, 403, 500. 00
5, 065, 000. 00
5, 462, 500. 00
6, 0'¥1, 500. 00
3,114,000.00
10, 100, 000. 00
1, 220, 000. 00
5, 6711, 000. 00
13,746,864. 00
13, 944, 430. 00
24, 207, 700. 00
7, 823, 260. 00
4, 696, 500. 00
4, 150, 975. 00
2, 528, 500. 00
7, 006, 900. 00
835,447.50
1, 235, 320. 00
911,450.00
483,700. 00
1, 992, 850. 00
686,400.00
3, 426, 892. 92
3,257, 677.57
2, 117, 438. 68
1,297, 540. 83
529,000.00
13, 6811, 160. 00
603, 822, 765. 90
626, 795, 145. 90
633, 706, 955. 90
637, 919, 755. 90
640,077,880. 90
MS, 717,544.23
644,445,651. 31
646,785, 323. 74
647, 664, 260. 08
660, 872, 599. 23
852, 872, 099. 23
646, 189, SSQ. 23
68, 578, 864. 00
86, 838, 883. 33
30, 362, 827. 50
646, 189, 839. 23
19:15
u::·~:::::::::::::::::
111118.••••••••••••• - •••••
July .. ··········--·····
te:ber.
·-···········
October..................
November •••••••••••••••
Decembor ···-···········
Total ••••••••••••••
6, 226, 063. 33
2, 155, 000. 00
5, 697,300. 00
2, 986, 375. 00
4, 516, 880. 00
Bee lootnotel at end of table.
Digitized by
Google
62
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
TABLE
6.-Amount of authorizatiom, diabursemfflU, repay1Mnls, aftd amounts out-t, 199!, to June SO, 1937, inclusive, by classu and momha 1-Con.
Blanding from Feb
SUB9CBrPTlON8 J'OB PBJ:J'l:BBSD BTOCIC OJ' BAND AND T&UST COJUAJl~Ontlnued
Amount author•
!zed•
Year and month
Amount disbursed
Amount repaid
1936
January•.••.•.••••••••••.
February .•••.•.•.•.•••••
$606,250.00
Amount out-
standln& at end
of period
$3,026,337. 60
18, 0311, 981. 76
11, 619, 966. 00
6,216, 470. 00
3, 462, llOO. 00
48, 004, no. oo
70, 777, 400. 00
16, 806, 280. 26
J 4, UK, 396. 66
I 6, 366, 896. 18
I 6, 584, 596. 00
1 22,677,321.61
'666, 831, 615. 73
210,584,269.86
467,268, 643.SS
December•••••••••••••••.
10,000. 00
00, 000. 00
26,000.00
425,000. 00
1, 400, 000. 00
$12, 668, lU. 00
1, 020, 000. 00
1, 732, 400. 00
7,106,000.00
456,000.00
1, 499, 950. 00
472,600.00
3, 025, 000. 00
2, 000, 000. 00
1, 000, 000. 00
75,000.00
600,000.00
Total •••••••••••••.
8, 433, 700. 00
31, 603, 064. 00
January•••••••••.••••••••
February•••.•.••••••.•••
March •••••••••••••••••••
170,000. 00
770,000. 00
25,007,000.00
325,000.00
640,000.00
1, 035, 000. 00
• 10, 480, 869. 08
1 8, 482, 703. 90
I 4,271, 781.'11
449, 260, 080. 40
446, OZi, 2119. 33
Tot.al, first quarter.
25, 977, 500. 00
2, 000, 000. 00
J
23, 236, 344. 06
'411.023,2119.33
tt:t::::::::::::::::::::
343,000.00
6, 670, 000. 00
6, 775, 000. 00.
80,000.00
93,000.00
6, 206, 000. 00
1, 053, 778. 4 7
1, 000, 442. 36
I 1, 005, 780. 00
445, 0411, 6:al. 85
444,112, '118.51
448,811, 2118. 61
ter••••••• ••..•..•
12, 788, 000. 00
6, 378, 000. 00
I
3, 690, 000. 82
448, 811, 2118. 61
Grand total ••••••••
829, 521, 634. 00
723,661, 373. 23
• 274,840, '114. 72
448,811,21l8.51
March •••.•••••••••.•••••
tt:t::::::::::::::::::::
June .••••••••..•.••••••••
July . • ••••·••••••••·•••••
August....•••••••.•• - .••
September•.••.•..•.•••••
October•••••••..•••.•.•••
November .••••.•.•••••••
1, 025, 000. 00
1, 590, 000. 00
85,000.00
2, 300, 000. 00
917,460.00
J
6'3, 8ll, 633. 98
634, <m, 068. 98
635, 912, 598. 98
832, 916, 398. 98
586, 4liO, 938. 98
616, 146,138.98
601, 365, 862. 73
4119, 261,458. C17
494, 896, 669. 88
4811,385,IIM.88
467,258,643.38
1937
lune .••••••••.••.••••••.•
Total, second quar-
~7,U>'J,784.30
PUBC!IAH8 OJ' CAPIT..U. NOTSS OB DEBJ:NTUBU OJ' BAlfU AND TBUST COlll'ANIH
[Under the act approved Mar. 9, 1933, as amended)
1933••••••••••••••••••••••
1934••••••••••••••••••••••
19311
January..................
February................
March...................
tl':i1.::::::::::::::::::::
June.....................
July.. ....................
August...................
Sept.ember...............
October-.................
November...............
Deoem ber ••••••. •• ••••• ••
Total..............
$222, 986, 100. 00
194, 623, 900. 00
$116,144,200.00
208, 356. 800. 00
$65, 364, 961. 43
$116, 1-U, ~00
259, 136, 038. 67
1,832,500. 00
143, 500. 00
1,005,000.00
2, 600, 000. 00
675, 000. oo
4, •'77, 238. 67
3, s.11, 500. 00
1, 287, 500. 00
264, 432, 300. oo
253, 819,800.00
l=======i=======i=======I======
1, 402, 000. 00
~: ~:~
418. 500. 00
1,179,000.00
831,000. 00
6,155,000.00
312,500.00
70,000.00
5, 000. 00
1.ii~ ::::
395, 000.00
1,472,500.00
367, 500. 00
6, 411,000. oo
40\l,000.00
275,000.00
55, 000. oo
266,663,800.00
I:~:~::
3,603, 790. 79
~:
~: :t:
243,652,009.21
3,023,000. 00
1,990,000. 00
6,618,884.21
976,905.43
1,812,500.00
3, 393, 500. 00
242,101, 509.21
240,479,009. 21
3'1, 371,125. oo
240,803,219. 57
239,465,719.57
236, 127, 219. 67
1-------1·-------1-------·1------12,657,000. 00
14,852,500.00
37,861,319.00
236, 127,219.67
l======l======= = = = = = I = = = = =
0
1gaa
1auuary .••• •• •••• ••• ••• ••
February ... •····•·•••·•·
March.············"·····
~:r...................
65, 000. 00
30, 000. 00
7,500.00
I 1, 681, 264. 87
. 9,806,403.62
234, 227, 125. 00
229, 625, 138. 72
229,057,425.00
227,120,675.00
225, 248, 67 5. 00
220,599,176.00
192, 202, 850. il
190, 100, 425. 41
188,613,250.41
185,089, 100. 39
183, 407, 931. 52
173,657,527.90
162,961,191.67
173,657,527.90
40, 000. 00
lM, 000. 00
60,000.00
1,940,094. 67
4, 855, 986. 28
527, 713. 72
1,940,750.00
1, 922, 000. 00
4,704,500. 00
28, 426,324. 59
I 2, 102,425. 00
1,619,675. 00
3, 434, !)M. 02
~:ggg:~
•t................... ··············-···-· ············-·---·-·
·········-67,500. 00-
June.....................
15, 000. 00
55, 000. 00
July. . . . • . • . .• • . . .• . •• . • .
25, 000. 00
30, 000. 00
1
Aug1
September .. _............
6,000.00
32,500.00
October..................
35,000.00
10,000. 00
November············-·· .••••••••. .. . . ..•..• ····· ···· ···- -···- __
December................
30, 000. 00
56, 000. 00
,Total_..... ........
271,000. 00
491,500.00
1======1======1°=====•1= = = = =
.See footnotes at end of table.
Digitized by
Google
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
63
6.-Amount of authorizations, disbursements, repayments, and amounts outatanding from Feb. 2, 1992, to June SO, 1937, inclusive, by cla8se, and months '-Con.
TABLE
PUBCJIAIIISS 01' CA.PrrAL NOTES OB DDKNTVRZS 01'
Year and month
BANKS ,!.!ID TRUST COMPANIB8-Contlnned
Amount author•
!zed•
Amount disbursed
$20,000.00
$36,000. 00
Amount repaid
Amount out•
standing at end
of period
1937
Jannary..••••••••••• - ••• _
I
$3, 993, 709. 09
1, 97 5, 000. 12
4, 423, 221. 00
$169,698, 818. 81
167, 723, 818. 69
163, 300, 597. 69
618,188.74
8,758, 450.00
161, 731, 961. 98
162,988.511. 98
February.·--·····---···- . --··············· ····-···············
I
I
June.··-····--·---·--··-·
221,800. 00
I
Total, lleC()nd quarter.·-··· ······-· ·
Grand t.otal. ______ _
221,800. 00
55,000.00
430. 678, 800. 00
339, 935, 000. 00
March ••••• •••• ··----···· ••••••••·•·••••••••· ·•••• ••••••••••·•••·
Total, first quarter_
35,000.00
20,000.00
• 10, 391, 930. 21
163, 300, 597. 69
l=======l=======l=======I======
990,446.97
162,
350, 150. 72
~ - · ·- · · ··-··--··-· --· - ······ · -·-········· · •• .- ··-··· 40, ooo. oo_
15,000. oo
10, 367, 085. 71
152,988, 511.98
186, 946, 488. 02
162. 988,511.98
I
I
TOTAL, SEO. II, TITLE I, OF THE AGRICULTURAL ADJUSTMENT ACT OF 1933, AB
AMENDED
[To Secretary of Alflculture to acquire cotton)
1933..•. • •••• -----········
1934...••• ····-···--······
Grand total.-•• -•••
$3, 500, 000. 00
20, 000, 000. 00
$3, 300, 000. 00
23, 500, 000. 00
3, 300, «qi. 00
$3, 300, 000. 00
1 - - - - - - - 1 - - - - - - -1--------1------
3, 300, 000. 00 ••• -•••••••••• -•••
TOTAL, SEC. 36, TITLE II, OF THE E7t~~m~iy FARM MORTGAGE ACT OF 1933, AB
(Drainage, levee, Irrigation, and similar districts, etc.]
1933--------·-·········--·
UIM.. ••• --···········-·-··
19311
January --··--··-·-·-·--·
FebroarT-·-·····---·--··
March---···-•-·····-··-·
$7,039, 114. 08
53, 037, 540. 04
$2,413, 955. 10
9, 884, 268. 86
611,743.09
837,211.49
310,207.55
a 276, 500. 00
11,882,084.61
634, 361. 86
431,650.00
• 1, 300, 584. 32
671,201.74
114,056.891. 28
662,456. 80
11,722,301.61
3, 112, 439. 32
1, 568, 296. 53
4,313,864.15
2, 243, 299. 68
2,307,790.81
1, 780, 896. 22
1, 588, 310. 88
3, 620, 285. 14
1, 395, 076. 09
8,910,430. 42
2, 403, 206. 94
4, 561, 621. 67
33, 363, 194. 14
515,426.31
I I
$44.09
$2,413, 955. 10
12, 298, 179. 87
11,500.00
9,600.00
428.~
447. 24
25,000. 00
15, 4.09, 619. 19
16,977,914. 72
21, 291, 768. 87
23, 507, 068. 55
26,814,869. 36
27, 695, 755. 58
29; 181, 238. 58
32, 790, 023. 72
34, 175, 499. 81
43, 085, 501. 86
45,488,261.56
60, 024, 883. 2S
37,805, 506. 85
78,803.49
50, 024, 883. 23
4,929,094.10
2, 069, 470. 6'
3, 546, 450. 49
1,561, 502, Ii&
1, 134, 214. 10
1, 856, 278. 54
1, 076, 103. 24
1, 787, 345. 64
73,345.48
1, 5811, 205. 64
1, 320, 012. 21
531,045. 06
904,430. 38
4, 032, 732. 00
901,607.28
837. 089. 72
902,784.62
538,028. 02
1, 346, 261. 49
27,049. 98
6,000.00
20,500.00
27,986.25
20,517.00
17,001.59
42,444.09
43,994.17
38,417.28
27,226.09
74,641. 19
157,832. 00
61, 785, 178. 89
51, 852, 524. 37
63, 420, 230. 01
64, 712, 255. 97
56, 222, 784. 03
56, 110, 212. 82
60, 100, 500. 82
60, 958, 113. 93
61, 766, 786. 37
62, 632, 344. 90
63, 095, 731. 73
64, 284, 161. 22
30, 145, 264. 33
14, 762, 887. 63
603, 609. 64
64, 2!14, 161. 22
FebfWlrJ' .----··--····--
Mareh.----·-··-······-·
757,384. 66
1, 915, 811. 48
2, 03). 235. 62
885,807.12
1, 397, 031. 81
1, 248, 609. 10
6,368.94
29,035. 06
73,886.68
66, 631, li96. 15
Total. flrst quarter.
4, 693, 481. f6
3, 631. 448. 03
109, 290. 68
67,706,318. 57
tt:::~:::::::::::::::::::
Jane_ --- - -·······------·.
JolY-------····· ······ ····
Augast ____ ·-·····-·······
~her--------·-----November ••••••• _____ •••
»-mber................
Total ... -..........
I
I
1936
January
__________________
··---···········
February
I 3,687,603.6'
I 4, 147, 290. 23
I 4, 877, 197. 24
I 745, 734. 31
March·--·· ····-··-----··
ffa1"1·::::::::::::::::::::
I
Jon•-----------·---··---·
Jnly. - - - -----· · ··········
August-·--·-----·-·-··-··
September ..... -----.---October-- -···--·-·----·-November .. ---· ·········
I
n-nber----··-"··---TotaJ. __ --·········
I
11137
JanlJ&rY----·-·-······ ·••
1,000.00
--------------------------------------28,000.00
----------------------------·----------2,827.88
1
I
65, 163, 599. 40
67,706,318.67
See tootnoiee at and or table.
Digitized by
Google
64
REPORT OF THE RECONSTRUCTION ll'INANCE CORPORATION
6.-Amount of authorizations, disbursements, repayments, and amounll! outstanding from Feb. 2, 1932, toJ une 30, 1937, inclusive, by classes and months '--Con.
TABLE
TOTAL, SEC. 36, TITLE II, OF THE EMERGENCY FARM MORTGAGE .A.CT OF 1933, AS
AM ENDED-Continued
Amount author•
izedl
Year and month
1937
April.. ...•.••••••••••.•••
May .••••••••••.••••••••.
1une ••.••••••••••••••••••
$5, 513, 053. 69
363,806. 71
1, 987, 573. 21
Amount disbursed
Amount rep81d
$3, 249, 522. 39
577,838.36
1, 263, 661. 45
Total, aecond quarter ....•.••••••.•.
7, 864, 433. 61
6,091, 022. 20
Grand total. ••••.••
136,142,977.96
73, 489, 088. 67
$131, 093. 04
164,838.06
177,158.90
$70, 824, 747. 92
71, 237, 748. 22
373, 090, 00
72, 424, 250. 77
1,064,837. 90
72, 424, 250. 77
I
I
Amount outstanding at end
of period
72, 424, 250. 77
TOT AL, ACT APPROVED 1UNE 10, 1933, AS AMENDED
$4, 375, 000. 00
25, 850, 000. 00
1g33 ....•••.••• •·••· ••• --·
1934 ..••••..•••••••••.••••
$4, 375, 000. 00
$4, 375, 000. 00
25, 850, 000. 00
$92.000.00
30, 133, 000. 00
100,000.00
30, 033, 000. 00
30, 183, 000. 00
100,000.00
30, 183, 000. 00
1935
January .•...•.••.••••..•...•••••.............•..•••••••..........
August...................
150,000.00
150,000.00
Total. ....•..•••••.
150,000.00
150.000.00
1936
January ...•...•. _........ . • • • • • • . •• . . . . . . . . . . . • . • . . • • • • • • . • .• • • . .
100. 500. 00
May ••••.•.••.•.•...........••...••.•••.. •......................
1,827.86
June..................... .................... ....................
56. 96
July...................... .... ••. .•...•....... .•.•••••..•.....••••
125,000.00
August...................
4,000,000.00
4,000,000. 00 .••••.••.••.........
October.................. . . •• ••. .•••••... .. .. . . .. •.•• ••... •• ••• . •
350, 000. 00
November. • . • . . • • • •. . . .• • • . •• • • • . . • • . . . . . • . . . . • • . • . . . • . . . . . . . . . .
320. 55
December ••.••..•••••......•••...•••.... _..... _.. •.. •. ••. . . . . .. ..
4, 000, 672. 14
30, 082, 500. 00
30, 080, 672. H
30, 080, 615. 19
29. 955,615. 19
33, 955, 6],5, 19
33, 605, 615. 19
33, 605, 294. 64
29, 604, 622. 50
4, 678, 377. 50
29. 604, 622. 50
January ..••..••.••••••••.•••.•...••..•.•••.••..•••••••••..•.•••••
March ...••••••••••••••••.....•..•....•.........•.•.•.........•..
1, 235, 000. 00
14, 250. 00
28, 369, 622. 50
28, 355. 372. 50
Total, first quarter ............•...•.•......................
I. 249, 250. 00
28, 355, 372. 50
May •••••••.•••.••••...•..•••.•.••.••••.............•.•••..•.....
June .•.••••.•••.•••••••••....••.••••..•.•.•.........••...........
330, 1141. 95
49,500.00
28, 024, 430. 55
27,974,930.55
380,441.95
27, 974, 930. 55
6. 400, 069. 45
27, 974, 930. 65
4, 000, 000. 00
Total. •••••••••••••
4, 000, 000. 00
1937
==I=======
I
Total, aecond quar•
ter ••..•••••....•........••...............................
34,375, coo. 00
Grand total •.••.••.
LOANS ON PBJ:J'BBBED STOCK
or
1934•••••••••.•..•••••••••
$4, 375, 000. 00
25, 750, 000. 00
I
INSURANCE COJIPANU:8
(Under the act approved June 10, 1933,
1933 ••••••••.• -· ·--·-- ·- -·
I
34, 37 5, 000. 00
88
amended]
$4,375,000.00 ·······-·····--··--·
25, 7/iO, 000. 00
$92, 000. 00
$4, 376, 000. 00
30, 033, 000. 00
1935
January .•••.•••.•••••.•...••••••••.........•.••.••••••.••••.•••..
August...................
150, 000. 00
150, 000. 00
Total._............
150, 000. 00
1936
January.................. •••...•••••....•••••
May •••••••.....•••......... __ ..••••.. _..••..
June..................... .•.....•••. ...•.••••
July·-·-··-··---·--·-····. ·····- .•••.•••...•••
August...................
4, 000, 000. 00
October.................. ••. • ••. ••••••••• •.••
November •••••••••••• __ • • ••••••••••••• .'.....
December••.•••••• _...... • •• • • • . • •• . • . . . • • • • •
Total. ••••••••••••.
4, 000, 000. 00
150, 000. 00
100,000.00
29, 933, 000. 00
30, 083, 000. 00
100,000.00
30, 083, 000. 00
100,500.00
..•••••• .•.••••••.•.
_......•.....••••.. _
...•••.......•••.•.•
·-· •. -·· .. .•••.. .. .•
126,000. 00
.••.••.•••.•.•••••••
•. . • . • • • • • • • • • • • • • • .
• •• • • . . • . . . •• • • • • • . .
850, 000. 00
320. 55
4, 000, 672. 14
29,982,MQ.OO
29, 980, 672. 14
29,980,615.111
29, 855, 616. 19
33,855,6111.19
33, liOli, 616. 19
33,506, 294. 64
29, li()4, 622. 60
4, 578, 377. 50
29, 604, 622. 50
1,827.86
56. 95
4,000, 000. 00 .•••••••••....••••••
4, 000, 000. 00
See footnotes at end of table.
Digitized by
Google
.REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
65
6.-Amount of authorizations, disbursements, repaymente, and amounts outatandingfrom Feb. e, 19:'Jt,toJune SO, 1937, inclU&ive, byclassesandmonth81-Con.
TABLE
LOANS ON
PRJIJERBJ:D
STOCK Oi' INSURANCE COMPANIES-Continued
Amount author•
!zed'
Year and month
Amount disbursed
Amount repaid
Amount out•
standing at end
of p eriod
1937
1anuary•••••••••••••••••• . •....•••..••.••..•• •. •. •.••••..••.••••.
March ••••. . •••••••••••••.•.••••••.••.• · •· ··· ••··· · •• •••· •• ·• •• · ·
$], 235, 000. 00
14,250.00
Total, first quarter . .............. . . . .. . ..... . . . . •.... .. . . . .
1, 249, 250. 00
28, 255, 372. 50
May.... •..••.••••••.•••..••.•.. ••••••...•..•.• •..•.•••••.•.• . .. .
June ••••••.••••••••• •..•••••.••••.•.•..•. .•.. .•.. •. •••• •••• ••. . . .
830,941.95
I 49,500. 00
27, 924, 430. 55
27,874, 930. M
Total, second quarter····· · ··· · ····· ·•····•·•···•···· ·· · · ········· · · ···· · ···
Grand total... .. ...
$34,275,000. 00
$34, 275, OOG. 00 j
SUBSCRIPTION FOR PBEFEBBJID STOCK or
AN
I
$28, 269, 622. 50
28, 255, 372. 50
a 380,441.95
27, 874, 930. 66
6, 400, 069. 45
27,874,930. M
INSURANCE COMPANY
[Under the act approved June 10, 1933, as amended]
TOTAL, ACT APPROVED APR. 13, 1934, AS AMENDED
(Loans to fl.Dance tbe repair of damage by earthquake, flood, or other catastrophe in 1933, 1934, 1935, and 1936)
1934•••••• • • ••••••••.•••••
$2, 150,000. 00
$160, 430. 00
$160, 430. 00
1935
January.... ......... ... . . ... ... ..............
41,950. oo
$175. 00
20,950.00 . •.••.••••••••.•••••
2, 000. 00 .••.•••.•••••• . .•• . •
.\pril. .•.• • • •••••••··•·•• • •••••••••••••••••· · ·
15,000.00
470. 00
"\fay. .. .... . ....... ..... . ..••••••••••...•••. . .••••.•••••• •..•.•..
150. 00
June ......•• •• •• •.•••••.••••••·••.•••••••••..• ••••.•••• •• •. •. ••. . .
5,200. oo
.\ugu.st ••••••••••••• • .•.•• ••••••••••••••••••• ·
250,000.00 ·•••·•·•••·• .... ··• ·
September..... ... . . ..... . .....•.............
750,000. 00
250. 00
October................................................ ..........
1,420.00.
:,, ovember..... •.. .•.....
150, 000. 00
3, 000. 00
300. 00
December.... . ........ . . . ....................
18, 385.00
4,400.00
February..... . . ... ....... . ••.••..••••••.•••••
Macch •••.•. . •••••.• •••...•••.•••.••••.•.• · ••
202,205.00
223,155. 00
226, lM.00
239, 685. 00
239,535. 00
234,335.00
484,335.00
1, 234, 085. 00
1, 232, 665. 00
1, 235, 365. 00
1, 249, 350. 00
1, 249, 350. CO
150,000.00
1,101, 285. 00
12,366.00
January.... ..............
50,000. 00
.\pril. ••• ••• •••••••••• ••••
629,517. 00
780,667.75
11,290,459.00
195, 195. 00
117,505. 00
62,345. 00
46, 575. 00
98,760.00
80, 750. 00
19,150.00
6,500. 00
12, 425. 00
17,690.00
355,245. 00
172,261.23
234,325.42
259,627. 93
126,131.00
100,102.88
176,250.00
143, 851. 92
5,848.26
327. 93
1,971.23
7,354.H
34,307.46
5,347.19
4,882. 72
973,124. 98
10,054.56
11,215.95
9,901.09
18,860.56
1,610, M0. 99
1, m , 466. 03
2, 006, 907. 73
1,293,410. 68
1, 409, 487. 12
1, 498, 374. 05
1,664,722.96
1, 789, 714. 32
I 3, 351, 763, 75
1, 623, 560. 38
1, 083, 196. 06
1, 789, 7H. 32
15, 000. 00
6,325.00
21, 500. 00
15,081.27
16,597.33
24,625.00
a 17,036. 22
1, 840, 871. 30
1,879, 482.,56
1, 887, 071. 34
146,071.84
148,714. 82
102,800.00
57,600.00
38,000.00
I
Total.-············
1936
[~~·.::::::::::::::: ::::::::::::::::::::
~ay... .. ... . ............
June........... ..........
July..... ... . .......... ...
.\u,rast . .• • • • • •••·•••••·· •
September......... .... . .
October...... . .... .......
November••• ----- --·· --·
December---·----.·······
Total. ___ - ---•. · -••
1937
January
f •~~h - --·-·-··---·--·
.,,1--
1, 262,651.75
t1, 289,613.
~ W,::
45
1-------f-------f--------1------1======1======1°=====01=====
65, 738. 2ll
55, 708.59
1-------f-----
Total, llr&i quarter· l====43=,7=25.=00=l•= ======l========l===l,c88=7=,07=1.=34=
at:~:
ooo. oo
~1:1.::::::::::::::::::::
18,032. M
29,319.- 28
34, 387. 33
l ~ ffl: ~
30,
2, 003, 752. 18
1--------t-------1-------·1------Total, NOODd Q.Ullr•
June ••• ··----·.-- ······..
ter •.• _·-- __ _. . . . .
Chand total.·--·-··
68, too. 00
198,400.00
5,763,888. 75
3, 229, 747. 22
11!
2, 003, 752. 18
1, 225, 995. 04
2,003, 762. 18
I 81, 719.
l=======l=======l=======l======
I
See footnoteB at end of table.
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66
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursemenl8, repaymenl8, and amount, outstanding from Feb. 2, 1932,,o June 30, 1937,inclusive, byclassesandmonth,1-Con.
TABLE
TOTAL, SEC. 14 OF THE ACT APPROVED JUNE 19, 1934, AS AMENDED
[Loans to borrowers engaged In the mining, milling, or smelting or ores]
Amount author•
lzed t
Year and month
Amount disbursed
Amount out-
Amount repaid
standing at end
of period
-
193.5
$168,000. oo
432, 000. 00
3,000,000.00
440,000.00
Ml, 000. 00
750,000.00
348,000.00
545, 000. 00
Fe~;11ch!U'Y-···--·--·······
MApril •••••.•••. ·-·········
May········-············
June.....................
JulY-·-·····--·-········--
$8,000.00
272,000.00
65,000.00
319,000.00
111,000. 00
58,000.00
12, 000. 00
87, 000. 00
August .• ·-·······-·······
September...............
October-· .•••. -········ .••••••••••• ---·- -••••
November_······-···-···
60,000.00
December ••••••. ·-·······
23,000.00
Total. ••••••••••••.
6,307,000. 00
932,000.00
335,000.00
20,000.00
15,000.00
103,000.00
33,000.00
41,000.00
17,000.00
80,000.00
308,000.00
132,000.00
73,500.00
47,000.00
71,000.00
1936
January···--··--·········
it!'r~•···············
I
April••••• ·-·-·········-··
May ••..•. ·---··-·······June_····-········-··-···
m:l::~
I 255,000.00
1 554,000.00
186,500.00
140,000.00
July······-···············
August---·····-·········· ••••••••..•... -·····
September...............
1 712, 500. 00
October..................
252,500.00
November.. . . . . . . • • • . • . •
20, 000. 00
December................
39, 000. 00
Total. •••••••••••••
1937
Jannary..................
February ••. •·•·••••••••·
March...................
Total, first quarter.
April.....................
May···········-···......
J'une.. ••••••..• ••• •• •••••
.
-············-······
-·············-·····
-··········-···---·-············-···-··
·--··· ·······-·-····
..•••.•••••••.••••••
$15,000.00
$8,000.00
280,000.00
345,000.00
664,000.00
775,000.00
833,000.00
845,000.00
917,000.111
15,000.00
917,000.111
80,000.00
857,000.00
872,000.00
975,000.00
978,000.00
979,000.00
891,000.111
746,000.00
1,054,000.00
1, 186,000.00
1,259,500.00
1,306,500.00
1,337,500.111
----- ---- ---.... ---- -30,000.00
40,000.00
306,000.00
26,000.00
---------·----------------------------------------------------------------- -40,000.00
I 3, 030, 500. 00
940,500.00
1, 337, 500.111 520,000.00
l=======l=========l=======I======
I
37,000.00
19,000.00
148,000.00
550, 000. 00
353,000.00
40,000.00
30,000.00
------------- --- - -172,~21
1, 344,500.00
1,363,500.00
1,438,80,5.l,-
1-------1--------1--~----+------
• 943,000.00
204,000.00
1102.~21
1,438,805.19
l=======l=======l=======I======
343,000.00
110,000.00
1,548,805.19
125,000.00
20,000.00
1,653,805.79
64,000.00
100,000. 00
286,000.00
160,000.00
1,879,805.19
-----·------------
1-------1-------1--------1------
Total, second quar•
I 80,000.00
521,000.00
1,879,805.71
ter. ·····--·····-·
507,000. 00
i=======i=======i=======I======
1 717,694.21
Grand total.._.....
IO, 787,500.00
2, 597, 500. 00
1,879,805.7'
TOTAL, SEC. 16 OF THE ACT APPROVED JUNE 19, 1934, AS AMENDED
[Loan to a public-school authority for payment or teachers' salaries due prior to J'une 1, 1934)
1g34·········-·--·········
Grand total........
$22. 500. 000. 00
22,500,000.00
I
$22. 300. 000. 00
22,300,000.00
I··--·------·····-,
$22. 300,000.00
22,300,000.00 ··-····-········- :
See footnotes at end of table.
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REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
67
6.-Amount of authorizations, disbursements, repayments, and amounts outstanding from Feb. e, 1998, to June SO, 1997, inclusive, by classes and montha '-Con.
TABLE
TOTAL, ACT APPROVED AUG. 24, 1935
- [Loans to or for the benefit of tax-supported public-school districts, or other similar public-school authorities,
In charge of public schools]
Amount author1%ed 1
Year and month
Amount disbursed
Amountoutstandln g at end
of period
Amount repaid
1936
Janll&l'Y-----------------Febl'IIIIQ'!--------------"\larch___________________
$383,000.00
April.____________________
JUDe.
---- ------ _---- __ -- _
Augmt___________________
(1)80,800.00
208,500.00
61, 000. 00
665,000.00
September_______________
257,000.00
October__________________
30,000.00
Dei:eJllber________________
181,000.00
1-------1--------1--------1-----Total_ __ _________ __
I 1, 766, 300. 00
1937
l=======F======l=======I======
lanOBry ·------------15,500.00
$53,420.47 -------------------$53,420.47
March___________________
153,000.00 -------------------- -------------------53,420.47
1-------1-------1--------1-------
Total, first quarter.1=====1=68=•=500=.00=l====53=•=4=20=·=47=l,-=-=--=-=--=--=-=·-=-=--=-=--=-=·I ====53=•=420=.4=7
April_____________________
72,000. 00_ ------------------- -------------------53,420.47
\lay ___________________ . ____________________
75,920.47
22,500.00
Total, second quarter_______________
72,000.00
22,500.00
(')
75,920.47
Grand totaJ________
1======1======4=====,[=====
2,006,800.00
75,920.47
(')
75,920.47
TOTAL, ACT APPROVED MAY 20, 1936
[Loan to the Rural Electrification Administration]
1936
)ctober__________________
$1,000,000.00
$100,000.00 ____________________
$100,000.00
1-------1-------1--------1--------
Total______________
1,000,000.00
100,000.00 ---------------·-·-100.000.00
l======l======l,=====,I=====
1937
-:r~:.'l:'17-_::::::::::::::: t::::::::::::::::::::
:l: ~: gg ::::::::::::::::::::
~it~::
-------1·-------1--------1-----TotaJ, first quarter_ -------------------15,000,000.00
____________________
30,500,000, 00
ipri)_____________________
\lay_____________________
lune_____________________
Total, second quarter_______________
Grand totaJ________
- 1 Figures
498,000.00 -----•-------------402,000.00
1,400,000.00
1,600,000.00
598,000.00
1,000, 000. 00
2, 400, 000. 00
4, 000, 000. 00
45,500,000.00
3,402,000.00
(')
4,000,000.00
l=======l=======l=======I======
46,500,000.00
4,000,000.00
(')
4,000,000.00
by months for 1932, 1933, and 1934 are shown for all classes in table 6, of the report tor the fourth
Certain monthly figures for 1934, have been revised since the reportror the fourth quarter of
l)l3rter ofl936,
. 136. These revised figures are shown below:
TOTAL, 811:c. 5, Rll:CONSTBUCTION
FnU.NCII: COBPOBATION ACT, AS Allll:NDll:D
Amount repaid
93+-lanuary ___ -------------------------------------------------------------------------- $84, 916, 603. 72
Amount out,tand•
inq at end of period
.93+-
f
~ :=~
=;=; ==:: ~:;~=~;~;=:~~~~~~~;; ===~~::=:::::=:::::=:=:::::::::=:::=:::= ·~
§;
(Footnotes oont!nned on following page)
::=======================================================================
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68
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
6.-A mount of authorizations, dislmrsements, repayments, and amounts out•
standing from Feb. !I!, 1932, to June 30, 193 7, inclusive, by clasall/l and months '-Con.
TABLE
Footnote 1-C'ontinued.
INSURANCE COMPANIES
[Under sec. 5 or the Reconstruction Finance Corporation Act, as amended]
Amountrepaij
1934-January•••••.•••••••••••••••••.•••••••••••••••••.•••.••••••••••••••••••••••••••••••••• $4,8117,081.31
Amount Olll,tand•
ing at rnd ofp,rwd
$56,269, IIOi.48
64, 059, 261. 2'l
1934-
January ••••••••.••.••••••.••..•..•.•..•.••.•••••.••.•••••..•••••••••••••....•..••..••.
February.............................................................. . . . . . • • • • • . • . • • •
March.................................................................................
April. • • • • • • . • .• •• ••• • •• • • • • • • • • • . •• • . • . • • • • • • •• • • •• • . • . • • . • • • • . • . • • • •• • • •• • • • • • ••• • • ••
May •.....•••••••••••••••.•••••...•.•••.....•.•••••..•••.•..•.•.•••••••••••••••••••••••
June.................. •• •• • • •• • • • .• •• . • . • • . • • • •• • •• • • • • .• •• • • • • • • •• • • •• • • • • •• • ••••• •• ••
July •..••••••••••••••••••••••••.•.•..••.••.••.•••••.•••.•.•.•••••••••••••••••••••••••••
August................................................................................
September •••••••••••••••••••••••••..••••••••••••••••••••••••••••••••••••••••••••••••••
October................................................................................
November .••••••••...••••••.••••••.•.••••.••••••••••..••••••.•••••••••••••••••••••••••
December..............................................................................
TOTAL, ACT APPROVED
MAR. 9,
1933,
61, '554,331. ;s
38, 250, 600. il
35,398,503.211
34, 563, 298. OI
32,523,99i.116
31,363, 19i 87
30,632,240.113
29,852, 301.1!
29,249,814.31
24, 74.1,456.88
AS AMENDED
[Loans on and subscriptions for preferred stock, and purchases or capita) notes or debenturea,or banks and
trust companies]
Amount authorizu
1934-November••••••••••••••••••••••••••••••.••••••••••••••••••••••••••••••••••••••••••••• $9, 768,00l.OO
BUBllCRIPTIONS FOR PREFERRED STOCK
01'
BANKS AND TRUST 00llPANI118
[Under the act approved Mar. 9, 1933, as amended]
Amount authorim
1934-November••••••••••••••••••••.••••••••••.••••••••••••••••••••••••••.••••••••••••••••• $8,852,0CIJOO
TOTAL, SEC. 36, TITLE II, or THE EllEBGENCY FABK MORTGAGE A.CT or 1933, AS A.llBNDBD
1934-
[Drainage, levee, irrigation, and similar districts, etc.]
Amount a!IIAori:u
l-~~~~:=~~:~:~==m=~m=:=~~~::~~:: ==~~:m:~~::~m~~m~~~=~=~:~~~m~:~~ 1111
figures have been adJllBted on account or l'IIIIClsslons.
I Revised.
' Includes $19~rC!;l.8,000 representing refinancing or loans previously made by the corporation to Federll
land banks for amerent individual amounts, but in the same aggregate amount.
• Exclusive of repayments nnallooated, pending advices, as of Jone 30, 1937.
• Includes authorizations of $1,222,108,664.llll to the Commodity Credit Corporation, of which $646,662.·
689.41 was disbursed and $599,268,789.21 was repaid.
1 These
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7.- Loana to aid in the reorganization or liquidation of closed banks and trust companies from Feb. 2, 1932, to June SO, 1937, inclusive, by
States (includes loans to receivers, liquidating agents, and conservators, and loans through mortgage loan companies to aid in the reorganization
or liquidation of closed b~nks, under sec. 6 of the Reconstru~tion (i'inance Corpor ation Act, as amen_ded; and loan.~ on the assets of closed
banks and trust companies under sec. 6e of the Reconstruction Finance Corporation Act, as amendea)
TABLl'l
BANKS AND TRUST COMPANI ES
National
State
I
l•
r qr
Alabama __________ __________
Arizona _________________ ____
Amount aut horized
Amount withdrawn or ran-
celed
$382, 402. 20
62,000.00
318,801.29
2, 832, 093. 37
439,019. 6,1
23,705,489.91
65, 000. 00
43, 178, 062. 09
6,949,900.00
2,563,264.68
6,161,495.56
25, 800. 00
5, 863, 685. 78
1, 727, 192. 11
914,482.14
16,896,041. 76
39, 200. 00
35, 608, 305. 29
5, 159,707.89
1,616, 882. 54
0
~:~~1:0k:::::::::::::::::
~
~
------------ ----
230,000.00
649, 53,5. 32
578,075.59
2,382,837.02
45, 459, 122. 20
534,992.52
567,400.00
2,301, 158.68
ll5, 700. 00
344,818.61
80, 000. 00
(1)
Q_
0
$5, 107, 812. 46
336,300.00
11, 019, 500. 00
3, 508, 900. 00
9, 375, 700. 00
2/i8, 980, 465. 59
2, 589, 247. 13
2, 902, 400. 00
7, 97 1,500.00
Montana _____ _________ ______
465,200.00
Nebraska ___________________
1,518, 126. 58
Nevada ___ ____ ________ ______
430, 000. 00
Maine ____ ___________________
Maryland _________________ __
Ma.ssachussets _________ _____
CJ
$790, 897. 80
149,400.00
1, 428, 948. 71
11, 093, 301. 62
1, 428, 930. 57
13,216,492. 96
I, 145, 796. 18
309,168.55
3, 264, 193. 27
28. no, 413. 21
16, 334, 478. 27
9, 056, 438. 94
1, 616, 832. 60
6, 470, 903. 5~
105,000. 00
10, 232, 464. 68
2, 865, 424. 41
6,974,462. 98
213,317,643.39
2, 006, 854. 61
2,297,600.00
5,654,741.32
337, /iOO. 00
1,087, 707. 97
350, 000. 00
Louisiana ___________________
~
Amount anthorized
m:~tf!'i::::::::::::::::::
New Hampshire ______ ______
New Jersey _________________
New Mexico ____ ____________
New York __ ________________
North Carolina______________
North Dakota __________ _____
Amolllltwithdrawn or canceled
Amount disbursed
$2,703,267.89
117,198.27
3, 564, 788. 72
293, 443. 90
2,951. 70
675,234.48
$2, 404, 544. 57
130,301. 73
4, 833, 582. 88
3,073,237. 54
68,548.30
2, 655, 765. 52
Amount authorized
Amount withdrawn or canceled
~
Amount disbursed
::r:
t':l
~
l::::j
$1, I 73, 300. 00
217,000.00
I, 785, 200. 00
13, 948, 484. 71
1, 867, 950. 20
Arkansas _____________ ____ ___
California ___________________
Colorado ____________________
Connecticut _______________ __
-------- -- ---------------District of Columbia _______ _ -----300, 241. 35
1,917,748.39
Florida ______ _______ _______ __ 16,
1, $66, 300. 00
720,503.82
G ~orgia _____________________
513,800.00
204,631. 4S
Idaho ___ ______ _____ _________
3, 628, 400. 00
73
364,206.
Illinois ______________________ 37, 466, 212. 96
8, 651, 919_69
Indiana _____________________
040, 426. 87
4, 302, 961. 65
Iowa ________ ________________ 21,
401, 002. 20
2, 270, 36.3. 26
Kansas ______________________ 11,
2, 285, 700. 00
621,267.40
Kentucky ___________________
8,956,572.41
1, 627, 968. 86
cg:N.
Amount disbursed
~
~
Total
All others
1
~
l::::j
'tl
See footnote at end of table.
247,500.00
8, 482, 863. 08
3, 366, 681. 14
71,500.00
3, 331, 000. 00
------------- -- -------------- - --------- ---- -4, 957, 072. 27
3, 024, 308. 48
1,931,663. 79
4, 637, 195. 48
2,031,933.06
6, 042, 450. 85
7, 430, 700. 00
1, 303, 800. 00
1,231,425.06
49,704,4 17. 72
31, 858, 776. 50
10, 269, 024. 00
25, 468, 148. 32
58, 455, 304. 71
3, 130, 100. 00
4,618,559. 94
9, 519, 532. 54
576,000.00
2, 460, 926. 07
1,977,364 . 19
500,000. 00
9, 234, 000. 00
413,473. 54
17, 062, 369. 54
8,081,751.48
52,079.30
2, 410, 465. 28
1, 098, 168. 76
512,602.31
395,533.69
7, 790, 798. 49
3,374,615.84
1, 686, 286. 22
2, 492, 360. 34
17,851,417.56
2,370,467. 20
956,326.95
1, 972, 339. 75
76,386. 34
815,824.20
395,864.39
39,597.69
4,514,574.59
34,996. 50
7, 168, 496. 15
4,619,964.84
12,247.68
2, 605, 262. 42
------------ ---- ---------- --------------------30, 008, 964. 86
10, 645, 901. 15
19,032,949.44
3, 432, 421. 77
6, 332, 531. 24
864,697.69
823,325.18
29,224, 619. 23
28, 484, 160. 66
8, 582, 737: 78
22,871,674.80
31, 948. 336. 53
759,632.80
3, 662, 232. 99
7, 201, 842. 79
499,613.66
I, 637, IOI. 87
1, 446, 499. 80
460,402.31
4, 069, 425. 41
378,477.04
9, 893, 873. 39
3, 461, 786. 64
39,831.62
$6, 281, 112. 46
464, 500.00
10, 268, 063. 08
17,315,166.15
1, 939, 450. 20
3, 331, 000. 00
16,300,241.Z5
6, 823, 372. 27
5, 150, 995. 48
3, 628, 400. 00
67,475,177.82
27, 082, 877. 72
18,831, 702. 20
3, 679, 500. 00
JO, 187,997.47
50, 040, 717. 72
42. 878,276.50
13,777,921.00
34, 843, !!48. 32
317, 435, 770. 30
5,719,347.13
7, 520, 959. 94
17,491,032. 54
1, 041, 200. 00
3, 979, 052. 65
2,407, 364.19
500,000.00
32,939,489.91
478,473.54
60, 240, 43 I. 63
15,031,651.48
2, 615, 343. 98
$3, 085, 670. 09
179,198.27
3, 883, 590. 01
3, 125, 537. 27
441,971.33
675,234.48
1, 917, 748. 39
3, 714, 812. 30
2, 236, 564. 51
364,206. 73
19, 297, 820. 84
6, 713, 426. 93"
3, 368, 532. 02
1, 133, 869. 71
2, 023, 502. 55
8, 020, 798. 49
4, 024, 151. 16
2, 264,361.81
4, 875, 197. 36
63, 310, 539. 76
2, 905, 459. 72
1, 523, 726. 95
4, 273, 498. 43
192,086.34
1, 160, 642. 81
475, 864. 39
39,597.69
10, 676, 070. 15
60,796. 50
13, 032, J81. 93
6, 347, 156. P5
926,729.82
$3, 195, 44 2. 37
279,701.73
6, 202, 531. 59
14, l 56, 539. 16
1,497, 478.87
2, 655, 76fi. 52
13,216,492.96
3, 077, 459. 97
2,914,430.97
3, 264, 193. 27
47, 143,362. 71
I 9, 766, 900. 04
15,388,970. 18
2, 481, 530. 29
7, 294, 228. 73
29, 329, 619. 23
38, 716, 625. 34
11, 448, 162. 19
29,816, 137. 78
245, 265, 979. 92
2,766,487. 41
5, 959, 832. 99
12,856,584. 11
837, 113.66
2, 724, 809. 84
1,796.499. 80
4GO, 402. 31
20,965, 4fo7. 17
417,677.04
45, 502, 178. 68
8,621 , 494. 53
I, 656, 714. 16
0
~
[Fl
1-3
~
C1
0
1-3
....
z0
,....,
....
z
~
0
t<_j
0
g
'tl
0
~
>
....1-3
0
z
0:,
'°
7.-Loans to aid in the reorganization or liquidation of closed banks and trust companies from Feb . 2, 1932, to J une 30, 1937, inclusive, by -.J
States (includes loans to receiver~, liquidating agents, and conservators, and loans through mortgage loan companies to aid in the reorganieation 0
or liquidation of closed banks, under sec. 5 of the Reconstruction Finance Corporation Act, as amended; and loans on the assets of closed banks
and trust companies under sec. 5e of the Reconstruction Finance Corporation Act, as amended)-Continued
:ti
TABLE
tr:J
BANKS AND TRUST COMPANIES-Continued
"d
0
All others
National'
:ti
Total
>-3
0
--State
Amount au•
thorized
Amount with•
drawn or can•
celed
Amount dis•
bursed
Amount au•
thorized
Amount with•
drawn or can•
celed
Amount dis•
bursed
Amount authorized
1
Amount with•
drawn or can•
celed
t,g
Amount disbursed
~
t::l
0
cg:N.
(1)
Q_
~
CJ
Ohio .... •· ······----·- ·-··-· $14,022,664.07
$.1, 230,329.27 $10,690,534.80 $232, 880, 592. 50
Oklahoma_. __ . ___ __ _-·-·--·2,261,303. 15
966,131.84
1,268, ,54. 76
769, 918.00
733,920.25
Oregon.... -----·- -·· ·-·--··2,970,800.00
382,567.84
2,521,032. 16
48,303, 479.65
Pennsylvania_ .... -····-·-·- 80,366,284.97
19,737,825.39
57,865,840.37
1, 255, 841. 54
Rhode Island .. _....... .. ... --·--·---------- ··-·-·· · · ··· -·-· · ·-·-·-·-----·-South Carolina ___ ___-·-·--__
5, 201, 680.14
1, 285,812.37
3,858, /i67. 77
2,264, 763. 16
1,115,643. 81
SouthDakota... -- ---·· ·····
1,295, 184.30
264,120. 91
1,000,3 13.30
1,492,875. 64
Tennessee--.-- ----·········· 16, 761,143. 68
951,679. 72
15,703,663.96
6, 933, 607. 27
Texas . ... •-·------ -···-····5,966,434.14
984,746.55
1,947,279.64
4,
388, 776. 52
Utah ••.. ••··----- --- ·····- -·
39,500.00
4, 500.00
35,000.00
Vermont.. . ..• ---···---····1,349,800.00
275,100.71
1,064,999.29
5,
320, 500. 00
Virginia ••• · -·-·- -- ·······--2,199,700.00
368,134.96
1,766,365.04
10,314,516.19
Washington-···-·-····- -·--9,255,369.82
1,061,155.67
8,129,214.15
4, 717, 256. 00
West Virginia.·-·······-···8,111,084.16
706,193.37
6,879,190. 79
6, 632, 006. 05
Wisconsin ...... - __ --·-·---··
7,019,721.08
1,554,466.26
5,380,954.82
185,500. 00
Wyoming.•····· ·· ······-···
1, 485, 000. 00
Puerto Rico••..•........ ....
Total. •.•. ... ......... 1-654-,-830-,-31_6__-19--+1-124-,5-1-4-,9-4-8.- 1-3 520, 086, 444. 07 638, 484, 980. 93
I
0
~
I
$36. 37 5, 061. 25 $161,084, 43f 74
331,597.66
438, 320.34
498,897. 70
235,022.55
24, 063, 543. 48
24, 209, 042. 06
1,007,431.99
248. 409. 55
263, 153.31
2, 001,609.85
715,909.97
350,847. 73
539, 733. 70
953,141. 9,1,
743, 137. 19
6, 130,470.08
2, 378, 692. 06
1, 948. 584. 46
4, 408, 616. 75
8,661,362.14
2, 668, 388. 72
2,013,466.07
$246, 903, 256. 57
3, 031, 221. 15
3, 704, 720. 25
128,669,764.62
1, 255,841.54
7, 466, 443. 30
2, 410, 828. 11
18,254,019.32
12,900,041.41
4, 428, 276. 52
1, 340, 800. 00
7, 520, 200. 00
19,569,886.01
12, 828, 340. 16
13, 651, 727. 13
185,500.00
l, 485, 000. 00
$39, 605, 390. 52
1, 404, 452. 18
617,590.39
43, 946, 867. 45
248, 409.55
1, 548, 965. 68
980,030.88
l, 491,413. 42
1, 727, 883. 74
2, 383, 192. 06
275,100. 71
1, 280, 018. 21
2, 714,309. 72
2, 820, 060. 65
6, 173, 006. 24
185,500. 00
$171,774,967.54
1, 600, 352. 42
3, 019, 929. 86
81, 929, 383. 85
1,007,431.99
5, 860, 177. 62
1, 351, 161. 12
16, 656, 805. 90
ll, 077, 749. 72
1, 983, 584. 46
1, 064, 999. 29
6, 174,081. 79
11790, 576. 29
, 847, ,579. 51
7, 403, 420. 89
----- -----·----·
I 159, 187, 788. 96 I 418, 933, 472. 70 1 l, 293, 315, 306. 12 II 283,
- -702,
- 737. 09 I 939, 019, 916. 77
~
tr:J
0
0
z
rn
>-3
~
0
>-3
H
0
z
'l:J
H
~
0
1
t:<.l
0
0
Includes District of Columbia banks and trust companies.
~
~
i
~
l_
,;,.· I
F
.'- •!._<:/- ;., ·.:_-: ·:'
,-
I H t
__ _,.,. ,:::~ s!:.-
71
REPORT OF · THE RECONSTRUCTION FINANCE CORPORATION
TABLB
8.-Loa~ on and purchaau of preferred stock, and purchases of capital
nole.! ur debenlures1 of banks and trust companieB, disburBed from Mar. 9, 1933,
lo JuM SO, 1997, tnclusi11e; and outstanding aB of June 30, 1937 (under Bee. 304,
title Ill, of thB act apprm,ed Mar. 9, 1933,
aB
amended)
·
BANKS AND TRUST COMPANIES-TOTAL
Disbursed
State
Alabama. ••••••••••••••••••••••••••••••••••••
~l•~ka ....•••••••••• ••••.•.• •••• ••••••• •••• ••
!ruona .•••••••••••••••••••••••••••••••••••••
Arkansas ........••••..••.•.•.•..•••.........
Calllornfa••••••••••••••••••••••••• "" •••••••••
Colorado•.•••••••••••••••••••••••••••••••••••
Connecticut •••••••••••••••••••••••••••••••••
Delaware ••••••••••••••••••••••••••••••••••••
District of Colllmbla. ••••••••••••••••••••••••
Florida
......................................
Number of
banks and
trust com•
panies I
35
119
121
403
41
65
132
1
94
00
402
23
$15, 853, 575. 00
37,500. 00
2, 430, 000. 00
4,419, ooo. ro
48, 502, 425. 00
4, 893, 500. 00
7, 192, 126. 00
567,300.00
2, 000, 000. 00
2,176,200.00
4, S.%, 500. 00
2, 130, 000. 00
00, 691,114.17
16, 667,000. 00
10, 248, 000. 00
6,m,750.oo
8, 879, 850. 00
15, 512,000.00
9, 125, 500. 00
9, 078, 17(·. 00
16, 67◄, 200. 00
40, 624. 661. 00
I 7, 322, 025 00
14,283,150.00
20, 761, 125. 00
4,030,500.00
7, 007, 950. 00
205,000.00
751,635.00
73, 972. 016. 07
715. 000. 00
307, 575, 605. 83
7, 463, 500. 00
4, 004,500.00
92, 122,237.00
10, 934, 000. 00
1, 950, 000. 00
45, 995, 096. 50
1, 250. 000. 00
898,500.00
2, 771, 800. 00
4, 438, 100. 00
12,559,050.00
31, 124, 125. 00
3. 905, 000. 00
15, 795, 000. 00
10, 694, 650. 00
125,000.00
6, 064, 500. 00
6, 411, 066. 66
33, 147,100.00
1, 367, .'iOO. 00
6,076
70
1
5
113
121
56
39
11
7
40
Georgia ••••••••••••••••••••••••••••••••••••••
86
Idaho .•••••••••••••• ••••••••••••.•• • ••• • •• ••·
Illinois .••••••••••••••••••••••• •• •• ······-···
Indiana ••••••••••••••••••••• •·• •••• •••••·••••
24
219
281
139
198
Iowa.........................................
f;=
·:::::::::::::::::::::::·:::::::::::
Maine.••••••••••••••••••••••••••••••••••••••
Kansas.························-···········
Maryland. ...................................
Massachosettll . ............................. .
~=pl
.
:
:
:
:
:
:
:
:
:
:
:
:
:
:
:
:
:
Nebraska.........•..........................
Michigan ••••••••••••••••••••••••••••••••••••
\f innesota ........•....................•.....
Montana • • ••••••••••••••••••••••••••••••••••
Nevada..................................... ·
~::New L:~~
:::::::::::::::::::::::::::::.
York ..................................
North Carolina ••••••••••••••••••••••••••••••
North Dakota •••••••••••••••••••••••••••••••
Ohio..........................
..............
Oklahoma ••••••••••••••••••••••••••••••••••
Oregon ••• · .••••••••••••••••••••••••••••••••••
Pennsylvania •••••• • ••••••••••••.••••••••••••
Puerto
Rico..................................
Rhode Island • ••••••••••••••••••••••.••••••. •
South Carolina. ••••••••••••.••••••....••••..•
South Dakota.••••••••••••••••.•.•••• ••.••.. •
Tennessee. ••••••••••••••••..• ••••••••••.•.•..
Texas .•••••••••••••••••••••••••••••••••••.•..
ttah... -.•• ••• •••••••••••..••••••••••••••••.•
❖fr~~t:::::::::::::::::::::::::::::::::::::
~~l~·······························
\"irgin Islands .••••••••••••••••••••••••••••••
Total. •.••••••••••••••••.•• •·•·········
Subscriptions for preferred stock of:
Amount
112
111
31
66
67
183
257
148
219
67
148
4
9
205
19
476
132
128
387
46
53
286
3
4
Number of
banks and
trust com•
panies 1
54
-----------3
Amount
1
$10, 844, 433. 09
2
4
33
99
114
340
34
55
120
1
79
78
349
17
1, 3M, 606. 57
3, 780, 112. 66
31, 234,352. 75
3, 951, 950. 00
6,408,077.22
324,300. 00
2. 434, 600. 00
1, 711, 292. 113
3, 289, 381. 26
1, 810,650.00
45, 732, 181. 30
11, 983, 19.5. 00
7, 144, 110. 00
4, 457, 224. 07
6, 756, 700. 00
8, 351, 900. 00
6,729,017. 76
7. 684, 293. 62
10, 430, 761. 66
32, 500, 649. 96
9,695,660. 03
7, 943, 852. M
8. 287, 848. 66
2, 355,071. 66
6, 583, 848. 56
103,000.00
244,135.00
. 66, 112, 044. 42
626,625.00
69,151,125.54
6, 402, 395. 64
2, 964, 550. 00
60. 023, 827. 88
3, 965, 802. 97
1, 2fl2, 000. 00
38, 835, 612. 91
47.5, 000. 00
728,750.00
2, 044, 450. 00
3, 096, 293. 48
11, 457,425. 00
22, 286, 011. 64
2,447,061.43
15, 417, 950. 00
7, 656, 125. 00
124,000.00
3, 379, 300. 00
4, 577, 009. 113
26, 696, 234. 94
996,448.60
1, 059, 235, 103. 23
5,167
593, 943, 249. 87
20, 000, 000. 00
1
20, 000, 000. 00
Export•lmport Bank or Washington .••••
Second Export•lmport Bank or Wash•
ington, D. C •••••••••••••••••••••••••
1
2, 500, 000. 00
Grand total .....•......................
6,078
1,081, 735, 103. 23
See lootooteB ., end
Outstanding
98
85
54
38
10
7
39
73
22
176
248
118
181
103
88
29
63
46
162
194
139
194
44
128
3
5
195
17
346
116
115
313
37
39
260
------------ ---·-----------6,168
613, 943, 249. 87
ot tabl6.
Digitized by
Google
72
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
8.-Loans on and purchases of preferred stock, and/urchaaes of capital
notes or debentures, of banks and trust companies, disburse from Mar. 9, 19SS,
to J une SO, 1997, inclusive; and outstanding as of June 30, 1997 (under sec. 904,
title · II I, of the act approved Mar. 9, 1933, as amended)-Continued
TABLE
BANKS AND TRUST COMPANIES-NATIONAL•
Disbursed
State
Alabama ....•••••............•...............
Alaska •....•..•••.......•........•...........
Arizona ••..••••••.•...... ......... ...........
Arkansas ..•.•.•................•............
Californln .•••.•..............................
Colorado.••.••....•..........................
Connecticut. •..............•.•.......•......
Delaware ......................... .......... .
District of Columbia..........•.•............
Florida .•...................•.•..••.......•. .
Georgia .......•..........••••......••.•....••
Idaho ..... ... .......•.....•••.....•.•....••••
Illinois..... ....••..•.. •.•. .......•••..•••••.•
Indiana •....... •..............••..•...•.. • •..
Iowa ... ... ....•••••....•.•••..••...••••.••..•
Kansas .•........•...•... ..••.........•.•.• . .
r:i~i~~;;~r:::::::::::::::::::::::::::::::::::
Maine . .•.•.......•.......• . •.......••. .. ....
Maryland ..................................•.
Massachusetts ...... . .................... ... .
Michigan ...• . ...............................
Minnesota ...................•...............
~i:~~~f~i.·.~::::::::::::::::::::::::::::::::
Montana .•.................. .............•..
Nebraska •. ................•. ... ..... . . ... .. .
Nevada .... ..........••.• ••.•..•••••• ..•.....
New H ampshire ............. .. .. .•.. •....•..
New Jersey .• : .. ..•.................••••.....
New Mexico ...... ... .........•.....••••••••.
New York ....•.............. ...••...•.......
North Carolina ............................•.
North Dakota ............................•..
Ohio . .. ..........•..........................•
Oklahoma .....................•. .... .... . ...
Oregon ......... ............................. .
Penn~ylvania .. .............•............ .•..
Rhode Island ....... ........•. ..•........... .
South Carolina ..................•...........
South Dakota ............•..•.. . .••..........
Tennessee . .................................. .
Texas ......................••.•..........•...
Utah ... . .......•...........•.................
Vermont. ........••....••.....••.•••.........
Virginia ... ..................•................
Virgin Islands .. •....•.•.......•••............
Washington ..••. •.•...........•...•..........
;r;i~o~:f~inia••...........•.....•. ••••......•
Wyoming ... .....••.•.••...••.•••..••••••••••
Total. •••••.•.•.•••......•...•••• ••••••
Number of
banks and
trust com•
panles 1
26
1
3
24
62
32
16
4
2
13
18
9
128
51
47
46
29
15
13
13
43
52
97
15
30
20
49
3
8
135
R
239
18
31
83
40
20
200
3
6
27
27
147
8
9
30
1
23
35
56
10
2,029
Outstanding
Amount
$10, 99/l, 800. (l()
37,
1, 540, 000. 00
I, 570,000.00
19, 899, 925. 00
4, I 18, 500. 00
3, 723, 426. 00
137,300.00
1, JOO, 000. 00
I, 330, 000. 00
I, 722,500.00
1, 090, 000. 00
83, 720, 114. I 7
7, 188, 500. 00
6,447,500.00
2, 282, 500. 00
3, 397, 350. 00
4, 400, 000. 00
2. 610, 000.00
2, 728, 170. 00
10, 723, 200. 00
20, 400,160.00
13,547,525.00
2, 652, 650. 00
8,517,125.00
I, !ill, 000. 00
5, 834, 950. 00
175,000.00
651, 635.00
29, 149, 435. 82
410,000.00
127, 860, f\05. 83
1, 905, 000. 00
2, 410,500.00
35, 300, 737. 00
10,874,000.00
890,000.00
20, 678, 736. fiO
648,500.00
1, 505, 000. 00
2, 954, 100. 00
8, 062, 500. 00
23, 371, 625. 00
I, 325,000.00
500,000.00
3,917, 400. 00
125,000.00
2, 740, 000. 00
3, 395, 066. 6fl
15, 195. 100. 00
702,500.00
Number of
banks and
trust companies 1
Amount•
16
$6,858,921.07
16
45
30
15
6
1,251,425. 00
16, 270, 386. <Ml
3, 186, 4fi0. 00
3, 463, 827. 00
132, 300.00
1, 052, 900. 00
918,000.00
1,087,875. ('()
926, 3()0. 00
41,094, 981.30
3, 7/iO, -170. 00
3, 922, 250. 00
1, 892, 525. 00
2, 355, 625. 00
3, 541, 700. O'l
1,532, 425. 00
2,217,006.12
R, 438, 075. 10
15, 487,698.96
7,278, 199. 13
2,362,047.M
2, 409, !i75. 00
910, 021.66
4,112, 301.81
71,000. 00
144,135.00
26, 576, 621. 87
350,000.00
22, 619, 850. 54
1,308, RIO. 22
I, fi08, 6/iO. 00
21, 085, 352. 88
3,907,927.97
325,600.00
15, 157, 299. 17
480, 000. 00
1, 352, 500. 00
2,091,893.48
7, 210, 250. 00
16, 341, 202. 97
976,811.43
452,250.00
1, 742, 975. 00
124,000.00
2,056, 750. 00
I, 976, 934. 53
12, 686, o:w. 91
404,615. 00
1,681
276, 737, 194. 73
rioo.oo ------------ ---------- -- ---1, 329, 640. 00
2
518,334, 136. 98
4
2
12
14
8
109
39
39
42
25
H
11
12
26
45
68
15
22
15
13
2
4
127
6
193
17
23
71
31
11
178
3
5
22
24
130
7
9
28
1
19
28
47
BANKS AND TRUST COMPANIES-STATE MEMBER•
Alabama •••. ·-..••.•...........• · -·· .•.•. ··-·
Arizona ..................................... .
Arkansas .................................... .
California................ ·-· ... ·-·· ......... .
Colorado •............. ··--·· ................ .
District of Columbia........................ .
Florida........•........ ··-·· ........ ·-·.··-·Georgia. ·····-·-·····························
Idaho •....•.•. ····· ·········-·-··············
Illinois.. · ·--· .•.•. ·-· ..•......... ··-· •.... ·-·
Indiana ........•......•.•.......•.•.•...•.•..
Iowa •..... ···--··-·-···-·· ...•..•••...•• ·-··.
Kansas.• ·-····--···-········-····-···-·······
4
I
5
5
l
1
2
7
4
15
5
5
6
$3,502,100.00
840,000.00
730,000.00
15, 500, 000. 00
200,000.00
1, 000, 000. 00
275,000.00
1, 160, 000. 00
810,000.00
2,550, OOl). 00
1, 430, 000. 00
1, 170, 000. 00
172,500.00
$3, 077, 238. 60
5
4
1
1
2
5
3
13
5
5
4
See footnotes at end or table.
Digitized by
Google
620, 000. 00
4, 620, 000. 00
200, 000. 00
613, 700. 00
251,471. 60
61J7, 600. 00
658, 000. 00
2, 030, 350. 00
1, 321, 200. 00
1, 108, 000. 00
137, 200. 00
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
73
8.-Loans on and purchMes of preferred stock, and purchases of capital
notes or debentures, of banks and trust companies, disbursed from Mar. 9, 1933,
to June 30, 1937, inclusive; and outstanding as of June 30, 1937 (under sec. 304,
tille III , of the act approved Mar. 9, 1933, .as amended)-Continued
TABLE
BANKS AND TRUST OOMPANIEtl-STATE MEMBER•-Oontinued
Disbursed
State
~~=
·: : : : : : : : : : : : : : : : : :
N umber ol
banks and
trust com•
panies 1
4
Amount
Outstanding
Numberol
banks and
trust com•
panles 1
Amount
1
$2, 12.5, 000. 00
2, 800, 000. 00
2, 150, ()()(). 00
2, 300, 000. 00
3, 376, 000. 00
12, 328, 921. 00
63,000.00
8, 315, 000. 00
1, 607, 500. 00
101,700.00
20, 680, 005. 2.5
32,500.00
134, 700, 000. 00
1, 700, 000. 00
37, 162, 500. 00
10,000. 00
65,000.00
JO, 056, 360. 00
155,000.00
22.5, 000. 00
520,000.00
1, 500, 000. 00
2, 275, 000. 00
2, 030, 000. 00
655,000.00
2, 832, 500. 00
80,000.00
3
4
2
4
4
33
1
Washington ______ ·----·-·--·----------------West Virginla ____ ·--·-----------------------Wisconsln..__________________
.. ------·--·---- ----------------·-Wyoming
_____ . ----- -- -----
5
2
4
8
38
4
25
8
3
27
2
78
3
37
1
3
16
4
2
21
12
4
17
5
13
3
5
3
2.5
2
46
3
27
1
3
15
4
2
18
11
·2
9
4
12
2
$1, 307, 500. 00
1, 870, 875. 00
877, 500.00
2, 069, 87 5. 00
1, 535, 811. 26
10,148,221.00
21, 800.00
2, 579, 700. 00
871,250.00
79,865.72
16, 156, 090. 58
30,500.00
27, 198, 12.5. 00
1, 684, 000. 00
23, 740, 000. 00
8,000.00
39,000.00
8,948,337.42
154,200.00
22.5, 000. 00
367,350.00
1, 007, 450. 00
1, 923, 380. 00
468, 22.5. 00
461; 000. 00
2, 698, 300. 00
53, 982.94
Total_._---·---------------------------
410
279, 366, 486. 2.5
316
121, 770, 09~. 12
34
1
77
36
23
23
6
$908, 273. 42
24,966.57
1, 908, 687. 66
10,343,966.67
565, 500.00
2, 944, 2.50. 22
192, 000.00
768,000.00
541,820.93
1, 593, 906. 26
226,350.00
2, 606, 85Q. 00
6,911,525.00
2, 113, 860. 00
2, 427, 499. 07
3, 093, 57 5. 00
2, 939, 325. 00
4, 319, 092. 76
3, 397, 412. 50
2, 456, 875. 00
6, 954, 730. 00
2, 395, 660. 90
5, 581, 805. 00
3, 298, 573. 65
5'73, 800.00
1,391,681.03
29, 000.00
100,000.00
23, 379, 328. 97
246, 12.5. 00
19,333,150.00
3, 409, 785. 42
1. 455, 900. 00·
15,198. 475. 00
49,875.00
~~~hmd.===
==========::::::::::::::::::::::
Massachusetts.··········-------------------Michigan .. _------------------ ---------------
~l::\ta===================================
Montana ...-----·--·------------------------Nel>raska .. ·----------------------------- ' __
New Jersey •• ·----------·----------· -------- New Mexico._---·-·------------------------ 1 New York .. ·-----------------------·------- North Carolina .•• ·------------------------- Ohio.·----------·----------------------- ----, Oklahoma.... · --·-·-------------------------·
1
~=~vania. ·=----------------·-·--··-·---South
Dakota..·-------------------------- · - -_
Tennessee.
____ ______ ____________ ____________
Texas •• _________________________ ____________ _
Utah.. __________ • _______________ ____________ _
Virgin ia •• _______ ·--- ________________________ _
19
BANKS AND TRUST O_OMPANIES-NONMEMBER •
:!:i~':4-::::::::::::::::::::::::::::::::::::
Arkansas. __________ --· ______________ ... - -- . - CalifornJa ___________ ·------------------------
Colorado _______ -· _----·. ___ ___ ____ ____ ------ Connecticut_ _________ ·------------·--------·Delawareol...
__ -------------·---·-· ·---·-----_
District
Columbia._.
_____________________
Florida .. ______________ -· ________ -- -- ___ . -- - -Georgia •• ________________ ._. ___________ ._. __ _
ldabo
___ _____________ ·---------------·----_
IDinois••______________________________________
Indiana.
-- -- -- - ----- ---- ----- - -. -- .· ----- --. -- -·
- --Iowa.
_____________________________
--
i'.Ansas .• ·-----------------------------------Kentucky ------- - --- --- --------- -- -- -- -- -- _Louisiana.
__________________________________
Maine•••• ·-- _____________ _____ • _____ • _______ _
Maryland _______________ . ___________________ _
Massachusetts. _______________________ ______ .
~=r
~~~ta:::::::::::::::::::::::::::::::::::
MontanapL:::::::::::::::::::::::::::::::::
.____________________________ .____ ._
Nebraska __ ----------------------------------
.;: r.::rhire.. -·----------·-------------. ·evada. ------------------------------------New Mexico_--------------------------------
'llew York ___ -------------------------------North Carolina • • • -------------------------- -
North Dakota...-··-------·----- ---------------
Ohlo
.• ________
-------------- -- -- --___________
--- --- - · - --_
OtJahoma...
_______________________
40
1
84
54
23
23
7
4
2.5
61
11
76
225
87
146
79
91
16
48
16
93
156
133
164
29
96
1
1
43
11
159
111
97
267
5
$1,354,675.00
50,000.00
2, l 19,000.00
13, 102, 500. 00
575,000.00
3, 468, 700. 00
430,000.00
800,000.00
571,200.00
1,953,000.00
230,000.00
4, 321, 000. 00
8, 048, 500. 00
2, 630, 500. 00
2, 817, 750. 00
3,357, 500.00
8, 312, 000. 00
4, 365, 500. 00
4, 050, 000. 00
2, 575, 000. 00
7,895,580.00
3, 711, 500. 00
11,630,500.00
3,919,000.00
912, 000.00
1. 9,1, 300. 00
30,000.00
100, 000.00
23,841,675.00
272,500. 00
44, 92.5, 000. 00
3, 858, 500. 00
1, 594, 000. 00
19, 659, 000. 00
50,000.00
4
25
54
11
54
204
74
135
75
70
16
47
16
84
125
124
153
24
82
1
1
43
9
107
96
92
215
5
See footnotes at end of table.
Digitized by
Google
_j
74
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
8.-Loam on and purchases of pref8'f'Ted etock, and purchaaea of capital
notes or debentures, of banks and trust companies, disbur,edfrom Mar. 9, 1933,
to June f'JO, 1937, inclusive; and outstanding as of June f'JO, 1937 (under sec. S04,
title III, of the act approved Mar. 9, 1933, a, amended)-Continued
TABLE
BANKS AND TRUST COMPANIES-NONMEMBER'-Oontfnued
Disbursed
State
Number of
banks and
trust companlesl
Outstanding
Number or
banks and
trust com•
panlesl
Amount
Amount•
10
$995, 000. 00
15, 260, 000. 00
1, 250, 000. 00
250,000.00
1, 266, 800. 00
1, 329, 000. 00
4, 271, 550. 00
7, 232, 500. 00
1, 080, 000. 00
15, 235, 000. 00
4, 502, 250. 00
1, 294, 500. 00
2, 361, 000. 00
15, 119, 500. 00
585,000.00
9
$897,400. 00
14, 729, 976. 32
475,000.00
248,750.00
11111, 950.00
SM,200.00
4,002,175.00
6, 577, 4&1. 67
462, 8JO. 00
14, 1166, 700. 00
3, 1189, 770. 00
SM,325.00
2, 130, 076. 00
11, 311, In,. 00
537,850.00
Total ••••••••••••••.•.•.•••••••••••••••
Subscriptions for preferred stock of:
Export•Im port Bank or W ashlngtbn .•.••
s«:':,dJxgirt-Import Bank of Washing•.
3,637
261, 534, 480. 00
3,170
196,435, 11116.aJ
20, 000, 000. 00
1
20, 000, 000. 00
Grand total ••••••••••••••••••••••••••
3,639
Oregon .•..•.•••••••••••••.•••••.••••••••••••.
Pennsylvania .•••••••••••••.•••••••••••••••.•
Pnerto Rico ....••••••••••••••••...•••.••••••.
Rhode Island .•••••••••••••••.•.•••••.•••••..
South Carolina.•••.•.••••••.•.•.•••••••••....
South Dakota•..••.••••••••••••.•••.••••••.••
Tennessee .••.•.•••••••••••••••••....•••.•••..
T8\t88 .•....•...•••••.••••••••••.••..••••••...
Utah•...•...•....••••••••••••••••••••.•.••••.
V ennont ••.•.•.••••••.••••••••••••••••••.••••
Virginia••••.••.••••••.•.••.•••.•••••••••••••.
Washington ••.•••••.•..•••••••••.•••••••••••.
West Virginia ••.•••.••••••.••••••••••••••••••
Wisconsin ••....••••.•••.••••••.•.•••••••••.••
Wyoming .••••.••••••••••••••.•.•.••••••••••.
30
70
3
1
29
88
92
235
21
46
92
54
50
333
2, 500, 000. 00
25
67
2
1
118
73
88
192
16
46
90
51
46
290
------------ ---------------
284, (XU, 480. 00
3,171
216, 436, 956. a1
1 After eliminating duplications. Such duplications arise in cases where the Cllrporatlon makes disbursements to a bank or trust company under more than 1 of the classifications under sec. 304, title III, of the act
approved Mar. 9, 1933, as amended.
• Amount outstanding Includes repayments unallocated, pending advices, sa of June 30, 1937.
• Where changes in the status of banks have occurred between the date of authorlr.atlon and .Tune 30, 1931
(for example, where a bank has changed from nonrpember to State member), such banks are distributed in
the above table acoordln11: to their status on June 30, 1937.
9.-Loam authorized (and commitments outstanding as of Ju.ne SO, 1937) to
industrial or commercial business under sec. 5d of the Reconstruction Finance Cor•
poration Act, as amended (including purchases of participations, and agreements
to purchase participations, in loans), by aize of loana, from June 19, 1934, to June
30, 1937, inclusive
TABLE
Number
of loans
Percent
or total
$6,000 and under •• ·-·····································
$5,001 to $10,000, inclusive ..•••••.••.••••••••••.•.•••.••••
$10,001 to $2j,000, inclusive ••••••.••••••••••••••••••••••..
$25,001 to $50,000, lnclush·e .••.••••••••••••••...•.•••••••.
$00,001 to $100,000, lnrlusive ••••••••••••••••••••••••..••••
$100,001 to $200,000, Inclusive •.•••••••••••••••••.•••••••••
$200,001 to $500,000, inclusive ••••..••••••••.•••••.••.•••••
Over $500,000 .••••••.••••.•.•.••••••••••••.•.•••.•••••.••
426
379
485
446
17.6
15. 7
20.1
18.4
342
14.1
187
128
27
Total ••••••••••••••••••••••••••••••••••••••••••••••
2,420
Size of loan
Digitized by
Amount
authorized
Percent
of total
7. 7
5.3
1.1
$1,388,107.35
3, 164,661. 14
8, 973, 026. 92
17,693,606.27
26, 712, 125.(7
28,637,976.82
41, 950,234.00
34, 433, 768. 66
21.9
100.0
162, 953, 506. 62
100.0
Google
0.9
u
5.5
10. 9
16.4
17.4
25.1
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
75
10.-Loans authorized (and commitments outstanding aa of June 30, 1937)
to industrial or commercial business under sec. 5d of the Reconstruction Finance
Corporation Act, as amended (including purchases of participalions, and agreements to purchase participations, in loans), by industries, from June 19, 1934, to
June SO, 1937, inclusive
TABLE
Industry
Manulaclurin'f.'
FoodDairy
and products
indred products:
_________________________ ------ __
Meat and poultry packing _____________________
Canning, preserving, packing (fish, fruit, vegetables) ___ ------------------ __________________
Bread and bakeries...•. ________________________
Flour milling __________ •••••••• _••••••••.•• _..• _
Confectionery _____ ------------··· -·------·-- -·
Animal foods_ ••••• __ .••••••••••• -• -•• --•• --- •• _
All other_ ••••••••••••••••.•••••••••••••••••••. Total, food productl! __________________________
Textiles
andgoodi;
their_____________________________
products:
Cotton
--·-··
Cotton small wares----········-···----·---·--Woolen good-------···--···-·········-···- --- -Sillr and rayon
Knit goods, hosHll'Y--------------·-·-·------- -Dyeingclothing
and finishing
_________ ----···-------···Men's
and furnishings
_________________
Women's elotbing and furnishings ______________
Upholstering material, draperies _______________
All other ____ ··-····•-················---···· --Total, textile produets •••••••••••••••••••••• _
Lmnber and timber products:
Lumber _____ ·-------··-·-···· •••••••••••••• -- -Furniture_ --- ••.•••.•...••••••••••• ---- .••• -· -Wooden containers _____________ •••••••••• ---- __
Ml!lwork, sash, doors, etc______________________
Cooperage and cooperage stock. ________________
Wooden turned products------············----All other.------·······--··-··--··············- Total, lumber and timber prOducts___________
Paper
and allied(boxes,
products:
Containers
etc.) ________________________
~oods------------······--·----·-
.
All other _______________ -----· •••••••••• --·· --
Number of Percent
borrowers• of total
34
Stone, clay, and glass products:
Stone, granite, slate, etc••••••••••••••••••••••••
Sand, and
gravel.
··········-··········-··-··
Briclr
tile,_______
etc. _____________________________
Concrete
products
..
-------·-····-·---·-·-·---Limestone products ____________________________
0 lass products _____ ·······--···.-·--·-·------- Potte1 y _-·-·---------·-············ ••••.•.•••••
All other········-······-········-·········-··-·
Total, stone, clay, and glass products ________
Percent
of total
50
1. 5
2.3
$1, 344, 710. 00
2, 511, 004. ll-1
0.8
1.6
46
23
32
21
24
48
2.1
1.1
1.5
1.0
1.1
2.2
1, 603, 920. 16
888,000.00
896,100.00
1, 104, 000. 00
966,533.33
1, 675, 350. 00
1.0
.5
,5
_7
.6
1.0
278
12.8
37
12
30
27
45
19
21
24
7
30
1. 7
.6
1. 4
1.2
2.0
.9
1.0
1.1
3
1. 4
6, 728, 183. 33
236,000.00
5, 206, 250. 00
4, 839, 500. 00
2, 927, 500. 00
6,913,500.00
1, 322, 750. 00
400,450.00
100,500.00
1, 675, 250. 00
252
11. 6
30, 439, 883. 33
18.7
71
83
92
10
17
9
3.3
3.8
1.3
4. 3
,5
.8
.4
11, 738, 250. 00
4, 648, 600. 00
1, 483, 200. 00
6, 107, 753. 81
430,800.00
865,200.00
393,500.00
7.2
2. 9
.9
3.1
.3
,6
311
14.4
24,667,303.81
15.1
13
36
.6
1. 7
170,500.00
9, 126, 350. 00
2.3
9, 2116. 850. 00
5, 7
2. 5
.6
.7
1, 283, 250. 00
1, 019, 200. 00
179,000.00
.8
.6
.1
3.8
2,481,450.00
1.5
.8
29
49
Total, paper and allied products •••••••••••••
'::"=
Printing and allied products:
53
Boolr and Jo\grintinir------·-·········-·-····-Engraving,
Ii ogrsphing, etc. _________________
13
16
All other --------····-···--···-·-····-···-····Total, printing and allied products __________ .
82
Chemical and allied products:
Paints, varnishes, and allied products __________
18
Fertilizers ___________________ ···---- -- -· --. ----9
31
All other··-·-·-··-·········· ••• ___ --- -- __ ---- • Total, chemical and allied products __________
58
Rubber products (total) ••••••••••••••••••••••••••• _
Leather and Its manufactures:
Tanning and finishing ••••••.••• _••••••••••••• _
Leather goods (luggage, handbags, etc.) ••••••••
Boots and shoes.•..••••• ---····--·· __ •••••••••.
All other.-----------······-···················Total, leather manufactures __________________
Amount
authorized
10, 989, 618. 43
6. 7
4.1
.1
3.2
3.0
1.8
4.3
.8
.3
.1
1.0
.2
=
.1
6.6
.4
1. 4
2.6
958. 500,00
691,500.00
1, 058, 100. 00
.6
2, 708. 100. 00
1. 7
17
.8
I, 546, 000. 00
1.0
11
.5
.3
.9
.8
.1
.4
.7
.4
417,000.00
690,000.00
1, 374, 500, 00
123,095.32
2.1
2, 604, 595. 32
1.6
H
.1. 7
.6
2. 7
.5
.6
.6
.6
.6
1,814,000.00
1, 018, 100. 00
3, 645, 374. 74
526,000.00
1, 930, 500. 00
1,407,500.00
1, 029, 600. 00
859,800.00
1.1
.6
2.3
.3
1.2
.9
.6
.6
172
7. 9
12,230,874. 74
7.5
7
19
8
45
37
13
59
10
13
13
13
.3
.4
of borrowers represents the number of applicants to whom loans have been authorized or com:nitments made.
1 Number
Digitized by
Google
76
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
TABLE 10.-Loans authorized (and commitments outstanding as of June ~O, 19sn
. to industrial or commercial business under sec. 5d of the Reconstruction Financi
Corporation Act, as amended (including purchases of p(lrticipations, and agreements to purchase participations, in loans), by industries, from June 19, 1934, to
June 30, 1937, inclusive-Continued
Industry
Number of Pereent
borrowers of total
Manufacturing-Continued.
Iron, steel, and their products (excluding machln•
.ery):
Foundry yroducts (castln11:s, forgings, etc.) •••••
StrucLura and ornamental Iron and steel. •••••
Pipe and fl'ttings ...•.••••••••••••••••••••••••••
Stoves, ranges, furnaces •..•••••...•••••••••••••
Hardware, plumbing, and supplies •••••••••••••
.All other •••..•.••••••••••••••••••••••••••••••••
Amount
authorized
$2, 707, 200. 00
24
1.8
1.8
.5
1.0
.8
1.1
TotBl, Iron and steel and products. •••••••••••
152
7.0
14,588,198.34
Nonferrous metals and the.Ir products:
Metal alloys and products (brass, bronze, etc.).
Metal stampings, stamped and enamel ware. ..•
.All other ••••••.•••••••••••••••••••..•.•.•••••••
30
29
29
1.4
1.3
1.3
1, 092, 500. 00
2, 340,800.00
2, 205, 000. 00
Total, nonferrous metals and their products .•
88
4.0
6, 638, 300. 00
:Machinery (excluding transportation equipment~:
Af:,lcult.ural implements ............•••.•••.•••
E ectDlcal machinery, apparatus, and supplies.
General machinery and equipment...•..•..•..•
Machine tools .....•..•••.........•..•....••.•..
Pumps and pumping equipment ••••••.••••••••
.All other .........................................
10
27
27
19
8
51
.5
1.2
1. 2
2, 216,900.00
.4
2.4
142
6.6
42
1.9
29
1.3
.7
Total, machinery••••••••••••••••••••••••••••
38
39
12
21
18
I
Transportation equipment {automobile accessories,
etc.) (total) ••••••••••••••••••••••••••••••••••••••
ivholesale and retail trade:
Wholesale trade:
Food products •.•••••••••••••••••••••••••••••••
Hardware, paints, etc ••••••••••••••••••••••••••
Petroleum feroducts .•••••••••••••••••••••••••••
Gnln and eed, fuel, Ice, etc....................
Building materials ••••••••••••••••••••••••••••
.All other •••••••••••••••••••••••••••••••••••••••
Total, wholesale trade. •••••••••••••••••••••••
22
5.6
Retail trade:
Food products •••••••••••••••••••••••••••••••••
Hardware, paints, etc ••••••••••••.•••••••••••••
Department stores •••••••••••••••••••••••••••••
General stores •••••••••••••••••••••.••••••••••••
Drug stores .••...•.....••.•••••••••••••••••••.•
Auto s~les, service stations .•.••••••••••.•••••••
Grain and feed, fuel, ice, etc••••..•.••...•..•• a.
Building materials ••••••••••••••.••.•••••.•••••
Furniture ••••••••••••••••••••.....•..•••.••••••
All other ••••••••••••••••••••••••.•.•..•••••••••
12
7
13
21
9
28
131
.6
.3
.6
26
1.2
9
I
12, 429, 373. 43
6, 230, liOO. 00
u. .
u
.I
t~
J
=
I
.......
tj__
443,000.00
f
2, 11!11, 300, 00
43,950.00
66,650.00
2, 391,000.00
100,005.00
39,900.00
248,660.69
I
.4
J
.............'
·······i..._
......J
,,
702, 760. 00
Ui0,500.00
337, 1168. 74
.,
356,452.86
28
11
1.3
.6
6, 250, 976. 50
1, 985, 500. 00
Total, mining••••• - ••••• ~ •••••••••••••••••••
39
1. 8
8, 236,476.50
Laundries, dry cleaning (total) •••••••••••••••••.•••
Contractin~, etc, (total) •.•••••..•••••••••••••••••••
Not classified (total) ••••••••••••.••••••••••••••••••
42
ll6
77
1. 9
1. 7
3.6
l, 359, 800. 00
10,087, 534. 72
Grand total. •••••••••••••••••••••••••••••••••••••
2,168
100.0
162, 953, 506. 62
I
4, 437, 747, 29
994,600.71
l
==-...
f
= ''
,,
=="'
!Ol
• Revised.
Excludes mining loans authorized under seo. 14 of the act IU)proved lune 19, 1934, as amended.
J
Digitized by
Google
s.r
==="
472,100.00
I
7J
370,300.00
7. 7
Total, retail trade ••••••••••••••••••••••••••••
...All other:
Mining:•
Coal. ••••••••••••••••••••••••••••••••••••••••••
All other•••••••••••••••••••••••••••••••••••••••
,!
I.I
336,100.00
5113, 300, 00
807, liOO. 00
167
I
==-
8,630,623.43
.4
11
u
u
640,000.00
LO
1.8
1.4
.6
1.1·
,I
1,576,850. 00
1128, 000. 00
638,000.00
.II
119
1.T
LL
LI
2,479,600.00
1, 562, 500. 00
2, 606, 400. 00
1, 280, 515. 00
4. 051, 983. 34
.9
.8
1.1
1.0
I
I
16
12
17
23
Percenl
o!total
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
TABLI
77
11.-Loam on aelf-liquidaling project&, by typea of project (under sec. 201
(a), tiae II, of the Emergency Relief and Comtruction Act of 1932, as amended),
from Feb. 2, 1932, lo June SO, 1937, inclusive
BRIDGES
Number Number
or loans
with•
Amount author• Amount
drawn or
ized
canceled
of
Amount dis·
bursed
author•
ired
borrow•
ers
Public•••••••••••••••••••••••••••
11
6
9
$99, 049, 579. 80
Private. •••••••••••••••••••••••••
6
1, 729, 930. 78
$2, 680, 000. 00
190,000.00
$83, 823, 697. 91
1. 314, 930. 78
Total •.•.•.••••••••••••••••
16
14
100, 779, 510. 68
2, 870, 000. 00
85, 138, 628. 6V
COLLEGE BUILDINGS
: fubllc..- ••••••••••••••••••••••• 1
$3,031,156. 71
91
I
$1,708.000. oo
I
$1,323,166.71
DOCKS AND TERMINALS
.
2
Publin ···············-········
"
---5s
Tola! .••.••..•••.• · •••••••.
Privale••••••••••••••••••••••••••
2
3
1, 793, 691. 47
$325, 000. 00
$50,000.00
1, 100, 000. 00
$275,000.00
693,691.47
5
2,118,691.47
1, 150, 000. 00
968,691.47
DRAINAGE AND IRRIGATION
-~--------------------H
.
l'rlftle..........................
10
3
$9, 339, 000. 00
1,330,000.00
$2, 188, 400. 00
3
330,000.00
$7, 030, 600. 00
875,000.00
Total_...................
14
13
10, 669, 000. 00
2,618,400. 00
7, 906, 600. 00
HOUSING (LOW•COST)
al
l'rl'l'llte....•..•.•................ 1
,12. 187. 000.
31
oo
I sa.
957,000.
oo
I
$8, 21', 000. 00
MARKETS
. Private. •..••••••••.••••.••••••••
91
571
$774,607.81
$2', 666, 964. 371 $1, 764, 6V4. ~71
$22, 901,270.00
$2, 216, 915. 38
.DI
$1, «1, 307.
POWER
51
Public. •••••••••••••••••••••••••• ,
61
PUBLIC AND SEMIPUBLIC BUILDINGS
Public. .......................... ,
61
ss. 906. 500. oo
I
~. ooo. oo
.$2.03',300.00
I
$1,097,300.00
I
ss. 853, 500. oo
SEWERS
Public••••••••••••••• - •••••••••• ,
12
·
Public ••••••••••••••••••••••••••
Private..........................
Total......................
1 Includes
J
12
J
I.
'1137,000.00
WATERWORKS•
~
3
04
___ ______,_____.,_____
81
13
94
.,
$227,939,859.85
569, 340. 00
$9,007,374.00
434, 140. 00
$131,613,485.85
135, 200. 00
228,509,199.85
9,441,614.00
131,648,685.85
water districts.
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78
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
11.-Loans on self-liquidating projeds, by types of project (under &ec. 201
(a), title II, of the Emergency Relief and Construction Act of 1932, as amended),
from Feb. 2, 1932, to June 30, 1937, inclusive-Continued
TABLE
ALL OTHER
Number Number
with•
of loons
of
Amount author• Amount
drawn or
author• borrow•
!zed
canceled
ized
ers
Amount dis•
bursed
Public ..•..•.•..•.•.•.•••.•.•••..
Private.•.•.•..•..•.•.......•.•..
5
1
5
1
$4, 614, 000. 00
4, 486, 250. 00
$200, 777. 20
4, 486, 250. 00
----------------
Tots!.•••••••••••••••.•••.•
6
fl
9, 100, 250. 00
4, 687,027.20
,, 413, 222. 80
$4,413,222.111
GRAND TOTAL
Public .••••••••••••••••••••••••.•
Private ..•• ·---··· ••••••••••••••.
152
37
139
37
$374, 9().~, 359. 73
24,312,127.63
$18, 749, 545. 57
11,938.697.57
$256,070,932. '/I
12,007,.30.06
Tots!. •••••••••••••••••••..
189
176
399,217,487. 36
30, 688, 243. 14
268,078,362. 3S
12.-Number of borrowers and amounts of loans authorized under sec. 5 uf
the Reconstruction Finance Corporation Act, a& amended 1, from Feb. 2, 1932,
to June 30, 1937, inclusive, by size of cities or towns
TABLE
BANKS AND TRUST COMPANIES
Borrowers
Population of cities or towns in which borrowers
are located
Number
Under 5,000. ••••••••••••••••••••••••••••••••••••.
6,000 to 9,999.....................................
10,000 to 24.999...................................
25,000 to 49,999...................................
60,000 to 99,999... ••.••••••••..••••••••.•...•••.••.
100,000 to 199,999.................................
200,000to499,999 .••••••••..•••••••••••.•••••••• c.
500,000 to 999,999.... •••••••••.•••••••••••.•••••••
1,000,000 and over................................
Totsl.-··············-···· •••••••••••••••.
Authorizations
Percent of
total
5, 158
591
542
255
Amount
Percent
of total
8.0
7. 4
3. 5
:I. 9
2.3
1.4
$328,932, «7. 47
127,891,421.86
193,898,847.02
14ft, 507,308.88
286,503,900.27
229,559,845.90
254,452,697.68
188
2. 0
2. 5
470,318,426.51
11.I
9.2
10.l
Iii
18.8
7, 366
100. 0
2,498,234,458.39
100.0
:112
168
100
146
70. 0
13.2
5.1
7.8
5.9
460, WU, li62.li0
1-----1----·l-------1---
TOTAL, SEC. 6 OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS
AMENDED•
Under5,000. •••••••••••••••••••••••••••.••••••••.
5,000 to 9,999.....................................
10,000 to :K,999...................................
25,000 to 49,999...................................
60,000 to 99,999.. •.•••.•••••••••••...•••.•••••••••
100,000 to 199,1199.................................
200,000 to 499,999.................................
500,000 to 999,999.................................
1,000,000 and over................................
Tots!......................................
11.0
3.4
$365, o55, 515, 82
140, 622, 635. 28
227, QSS, 847. 11
185,347,266.99
353,482,644. 76
284, 755, 638. 53
441,357,655.04
643, 1158, 493. 67
6711, 644, 378. 85
3).1
100.0
3, 322, 713, 076. 05
100.0
5, 471
702
745
428
390
285
371
319
3ll
60. 7
7.8
8.3
11,022
4.!S
4.3
3.1
4.1
3.6
1----~----·l-------1
u
6.i
5.6
10.6
8.6
13.3
li.l
• Exclusive of railroads, regional agricultural credit corponitions, Federal land banks and, Federal Intermediate credit banks.
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REPORT OF THE RECONS'l'RUCTION FINANCE CORPORATION
79
13.-Namu and compen8ation of directors, officers, and employees of the
Recamtruction Finance Corporation receiving from the Cor'f)01'ation more than $400
per month, as of June 30, 1937
·
TIBLE
W ASIDNOTON OFFICE
Name
Jones. Jesse H.••....••••• ·--------·
Henderson, Charles B----------·
Klossner, Howard 1 ... ----------·
\lerriam, C. B---·-·-··---··---·-·
8°hram, Emil••••.• ---·---·-·······
Taber, Frederic H.·-·-·----·-··-··
Talley, Lynn P •.. ---···-----·-···
Cooksey, George R •.••• ---·--······
\!ulligan, H. A ..•. ·-····-······--·-·
Clay, Casmus M ••. --•---····-····-·
~f(i~rWniT~igas O·-·----·-··-·-··
Salary per
month
Title
ChalrmSIL.----············ · ·-·--·········· ..••••••••
Director----··········-·······························
.• - .. do_··-·-·-·················-········ •••.•••.••••••
...._do.·-·····-···-····-······-······················-·
.•••. do•.•--············································
..
-.. do •..••..•.•••.•.•••••••••.•••.••••••.•.•••••••••••
Assistant to the directors-·-·-························
Secretary••••• ·····-·······--····· .•.••••..•.....•••••
Treasurer •••...•..••.•.•.••••••...•..•..••....•.••.•••
Assistant general counsel. .•••.•••••••••••••••......••
. Spe~~l counseL. •• -··············-···················
t1~~~t~~.-r:::::::::::::::::::::
~t~f!:c1f:i~::::::::::::::::::::::::::::::::::::::::
Barriger, 1. W m ..·-·-·--···--···· Chief Examiner, Railroad Division •••••••• - •••••.•••••
~
Brownell, R. A ••• ·-······---··----·
Husbands, Sam·--··-···-----·--·-··
\fandeville, Charles H. W-··---···
\lurchison, Frank M.·-·---·--·-··
Chief, Agency Division •• ·-···-··-·················-·
Chief, Examining Division...••. ·-····················
Chief, Industrial Loan Division •......•.••••.••..•••••
Special representative.-•••••••..•.•••.•••••••••.••••.•
~ti:iila:;,110:-uiaiii::::::::::::::: i~~!~~~~~~::: :::::::::::::::::::::::::::::::::::
Taylor, R. 1.....••-·----·--·---·--· Assistant chief, Agency Division .•.•·················-·
McGrath, M. 1....---------··-·---· Assistant chief, Examining Divlsio.n •• _•..•.••••.••.•••
~lacks, John W·-·----···--·-···-·· ..•.. do•••.••.••••......•••.••••••.••••••...•• •····-····
Herson, James F-··--·-··-········· Administrative assistant ••••.•••••••.•.•.•••••••••••••
Costello, W. C•••. ·-·····-------·-·· Assistant to the chairman...·--····-···················
Griffin, D. B •••••••• ·--·····---····· Assistant treasurer ••.•••.•••••••.•• ·-·················
Hamilton, Claude E., Jr............. General counsel. •••••••• -···········-·········-·······
Dougherty, J. L-··-··------"······ Assistant general cou.nsel.. •••••••••••••••••••••••••••.
· Durr, C. L •.•••... ·-···--·······-·-· .•••• do .•••·-······· ••.••••••••• ······-··············· ••
Snodgrass, Russell L. ·--·········-·· ..••. do •.••.•.•..•. ·········-··-···· •••••• ·-···· ••••••••
J,iralls, Jerome•••.•• ··---··-········ SP8!)lal repr~entatlve, .;·····.··.·c· .•••.••....•........
nson, W. 1....... ·-··-··········· Ass1Stant chief, Exammmg D1v1s1on•••......••...•••••
H1henack, W, C••• ·-········ .•••••••••••• do ••• _ .••...•.....•.....••••..••.••••••••• ··-· ••••
~l:field, Howard_ .• _............ Ass,istant _chief, Industrial Loan Division ••..•....••.••
. cartney, Morton ••••••• ·-·--·--·· Chief engmeer••••..••••••............•............••••
ti1yan, FJ'!'njl: J •.••••• _............ Chief, Dralnage, Levee, and Irrigation Division._..•..
, van, William W .........•.•••.. Examiner •.•..••••••••••••••••••••••••••••••••••••••••
Ronald H ••••••••••••••...••• Assistant se<:retary ••• ,.,·-·····.·c·····················
• n, 1. C....•••••.•••••••• ·-····· AsslStant chief, Examrmng Div1S1on•••••••••••..••.•••
Kuehl, Frank W. ·--·-·-············ Counsel.••••••.•••••••••••••• - ••••••••••••••.•••••...•
,,nerfield, W.R •••••• -·-·······-··· ..... do ..•.•••••.•..•••••••••••••••••••• _•••••••.•••••..
?·
*!if~
.ii~~tn1~t::================ IE'~a!fi:~~i::::::::::::::::::::::::::::::::::::
,h,ver, Clem .••..•••• ·--············
:~f!ke~~•Wilhlr~·E············--··
Chdduck, Harry W ·-············
}{,~/t
E. ·-·--············
P;rrlshTho~
DaHd C .•• ·--·············
f
Special assistant to the directors ••••••• ·-··············
• Ass~tant treasurer··-·-····· ..••••••••.•••....•.••.•..
~~;:-- - - - - - - :~f. . . ·-~:""••~- - --- - -
Administrative assistant, Agency Division .•••••••.•..
..... do ....•.•.··••·••·•···•··• .····. · .. ··•·············
Ch1~f, Stat1s~ical and ~'?Ono~1c_D1V1s10n ••.•..•.••••.•
!Jodds, Chauncey Y ·····-··········· Chief Examiner, Drainage, Levee, and Irrigation
n
.
Division.
i'rantham, 1. P .·-··-····--········· Assistant chief auditor .. ·························-····
~~;~~~~:::::::::::::::::: .;7~:~~~i~~~~:::::::::::::::.-:.-.-::.-.-:::::
;f
kmith, Charles A.·---·---········· Assistant chief auditor ••••••••.•.•••.•.•..•.•.••••••••
~i-•:::::::::::::::: : !·~~:::::::::::::::::::::::::::::
1
$833.33
833.33
833.33
833.33
833.33
833.33
11,041.67
833.33
833.33
833.33
833.33
833.33
833.33
833. 33
833.33
833.33
833.33
833.33
833.33
833.33
833.33
800.00
791.67
791. 67
791.67
750. 00
750. 00
750.00
750. 00
750. 00
750. 00
750. 00
708.33
708.33
708. 33
708. 33
708. 33
708. 33
666.67
666.67
666.67
666. 67
666. 67
641.67
633. 33
825. 00
625.00
625.00
625.00
625.00
625.00
625.00
625.00
625.00
625, 00
625. 00
625.00
625.00
608. 33
583.33
583.33
583. 33
583.33
583.33
566.87
566.67
562. 50
562.50
541.87
541. 67
541.67
541.67
541.67
Ml.67
On leave of absence without pay.
Digitized by
Google
80
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
tht
Reconstruction Finance Corporation receiving from the Corporation more than $400
per month, as of June 30, 1937-Continued
TABLE 13.-Names and compensation of directors, officer,, and ,mployeea of
W Al!HINGTON OFFICE-Continued
Name
Title
Howard, Ernest B •••••••••••••••••.. Examiner............................................ .
1ones, Ralph B ...•..••.•••••••.•.•••.•••. do ..•••••••.•••.••·································
Lawrence, Donald E ••••••••••••••••.•••• do ..••••.•.•.••.•••••••••..••••.•••.•••••••••••••••
Lewis, Charles B .....•••••••••••••....••. do .•••..•.•..••.•.•••...•••••...•••••••••••••••••••
Mlelenz, Louis M .•••••.••••••••••••••••• do .••..•••••••••.•••••••••••••••••••••••••••••••••.
O'Bleness, E. J .•••••••••.•.•••••••••••.•• do •••••••••••••••••••••••••••••.•••••••••••••••••..
Seabury, R. M ••.•••••••.•••••••••••••••• do .••••••••••.•••••••••••••.•••.•••••••••••••••••.•
Seeley, Harold 1..••••••••••••••••••. .•••• do••••....•••••.•••...•••••.•••.•••••••••••••••••••
Stafford, Bayard C ••••••••.•••••••..••.•• do •.•••..••.•..••••.•••••.•••••••••••••••••••••••••
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Healey, George W •••••••••.••••••••. Special representative.•••.••••••••.•••••..•••••••••••.
Blair, Smith......................... Examiner .•••••••••••••••••••••••••••••.•••••••••••••.
Clayton, Laurance 1•••••••••••••••.• ••••• do .•••••••••••••.•••••••••••••••••••••••••••••••••.
Dickinson, R. 0 ..•....................... do ...•.••••••••••••••••••••••••••••••••••••••••••••
Gale, George 1....................... Counsel. ••••••••••••.•••••••••••••••••••••••••.•••••••
Glueck, Nathan H •••.••••••••••••••.••.. do ••••••••..••••••.••••••••••••..•.•••••••••••••••.
Stansfield, Edgar A .•••..•.•••••••••..... do ....•....••...•••.••••...•.....•••.•••...••.•.•••
Galt, Alexander B................... Assistant secretary .....•••••._••••••••.•.•••••••..•.••.
Kannee, Henry M................... Liaison representative ...........•..•..•..•••••••...•••
Merritt, Arthur B... ••••.• •••••• •••• Administrative assistant, Agency Division.•••.•.•.•••
Shepard, Guy B .•..•••••••••••••••••••.•. do .....••....••.•••••••••••••.•••.•••..••.•..••••••
Beck, W. C., Jr .. ···········-······· Chief accountant ...•.•.•......••...•.....•••.•••...••.
Lescallett, George A................. Chief, Authorization•Cancelation Section.•••.•••••••••
Farrell, Edward A.................. Supervising accountant. ••••.•••••••••••••••••....••••
Roper, James H .••.••••••••••••• _... Supervising engineer ..••••••••••••••••••••••.••...••••
Rait, Donald M..................... Engineering examiner.•.••.••••••••••• _._ ••.•...••••••
Henry, Heber ....••..•••••.••••••••• Counsel. ••••••.••••••••••••••••••••••••••••••••••••••.
F •••• ••••••• ••••· ·····~~····· ··•·· • · ·•••••••• •• ·········.··-··············
Wilson, Robert G .••.•••••••••••••.•.••.• do ..•••••••••••.•••••••••••••• - ••••••••••••••••••••
Wolford, Albert M ..••.•.•••••••.•••...•• do...••••...••.••••••••••••••••••••• _•••••••••••••.
Giddings, William C.. •••••••••••••• Examiner •••••••••••.•••.•.•••••••••••••••••••••••••..
1enkins, Hugh Powell••.••••••••••••••••. do.••••••••••••••••••••••••••••••••••••••••••••••..
Mack, Bryan ••.•.••••••••• _._ •••....••• _.do....•••••••••••••••••••••••••.•••••••••• _•••••••.
Peery, Robert W ••••••••••••••••••••••••. do .••••••••.•••••••••..••.•••••••.•...•••••.•.•.•.•
Robertson, Hilton W ••••••••••••••••.•••• do ..•••••••••••••••••••••••••••••••••••.••••••.••.•
Rochelle, WIiiiam J. ··-··-·······-·· ••••• do ..-•• - ••••••••••••• ·-··· ••••• ·········--·········
Stewart, Adelbert T ••••••••.••.•.•••••••. do .•••••••• ·-···················-·-····--··········
Talman, Carter.·····-··········---· .•••. do .••••••••••••••••••••••••••• -._··-·· ·••••••••••••
Tlgrett, A. K ..•••••••••••••••• --••••...•. do ..••..••••••••••••••••••••••••••• _•••••••••••••••
Tracy, Frank T ···············-····· Chief Clerk.·································-········
Estes, George L .••••• ···-··-·· ···--· Examiner.····-· •••••••••••••• ··-··-··.·-·-··-··· .••••
Etherld~e, Julian C ••••••••.•••.••.•••••• do..•••••••••••••••.•••••••••...•••.•.•.•••.•••••••
House, Perry B •• ·······-······-···· .•••• do .•••·-·····················-·········---·········
Luce, George P ·······-··-··-········ .•..• do .•••••••••••••••.••.•••••••••••••••••••••••••••••
Klagsbrunn, Hans A................ Counsel. ••••••••••.•...•.•.•.••••••••••••••.••••••••••
Livingston, Schuyler W •••••••••••••••.•. do ••••• •·····················-·····················
1oyce, Walter E..................... Administrative assistant ••••.•••••••.•••••••••••.•••••
Burrowes, Alfred D... •••••••••••••• Examiner •....•.••.•.•••••.• ···-·····-·····-······-···
Henrich, Wllllam A ••••••••••• _•• __ .••••• do •••••••••••••••••••••.•.•.•.•••••.•.•••••••••••••
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Goodale, Robert C.. •••• •••••••• •••. Counsel. .•.•.•.••.••••••••••••••••••••••••••••••••••.•
Halsted, 1. Donald ••••••••• _........ Special assistant •••••...••.••.•••••••••••••••••••••.••.
Bladen, W. H.••··············--··-· Supervising accountant ••••••••••••••••.•. _•••••.•••••
Riddel, James L ••••••••••• _•••••••• - Chief, Interest Section •• ·····-····-···-·······-·······
Burton, Roy E .• •··········-···-···· Engineering examiner •.••••••••••••••• _•••••••••••••••
Appitr. ••••••·•· •.••••••..••• •••••••• ••••••••••••••
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Edelman, Edward ..•...••..•••• _.... CounseL.-••.•••.••••••••••••••••••••••••••••••• s •••••
Gunderson, Harvey 1 .. ·-···-···-··- ..... do .••.. •-··················--·--·-·················
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Ward, Peter C .• ············-··-·--Chase, John H .. ·········-···------·
Warren, Frederick H.·-··---···---··
Collins, James H ••••••••••.••••• _.__
Robert, F. H .. ·············-········
Easley, Robert J.. ..................
Fletcher, William Meade, Jr........
Administrative assistant ..••...••••••••••.••.•••••••••
Assistant Chief, Statistical and Economic Division ••••
Engineering examiner .••.....•.•••••••••••••••••••• - •.
Administrative assistant, Agency Division._ •••••••••.
Supervising engineer .. •··········-····················
Appraiser .••.••••••••••••••••• , •••••.•••••••••••••••..
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REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
81
" TilLJ: 13.-Namea and compensation of directors, officers, and employees of the
ReC01111lruclion Finance Corporalion receiving from lhe Corporalion more lhan $400
per month, as of June SO, 1937-Continued
W ABBINGTON OFFICE-Continued
Name
Salary per
month
Title
Oennan, Charles Z.................. CounseL .•••••••••••••••..•.••••••.•.•••••••••••••••••
Bobbs, William 1. ·-····--·········· .•••• do •••••••••••••.•••••••••••••••••••.•••••.•••••••••
1-ll, Lewb.C.. ••••••••••
• •••• do•••••••••.•.•••••••••••••••••••••••••.•••••••••
Stewart, C. H .••••••••••••••••••••••••••• do .••••••.•••.•...•.•....••.••••.••••••••••••••••••
Stoner, George B ••••••••••••••••••••••••• do ..••••••••••••••••••••••••••••••••••••••••••••••
Baden, James H................. .... Examiner ••••••••••••••.••••.••••.••••••••••••.•.•••••
Dawson, Donald S••••••••••••••••••••••• do .•••..•.•••.•••..••••••••••••.•••••••••••.•.•••••
Bemnann, Herbert 1.••••••••••••••. ••••• do•••••••••••••••••••••••••••••••••.•.•••••••••••.•
Pendleton, EdmWld E ••••••••••••••••••. do •••••••••••••••••••••••••••••...•••••••••••••••.•
Rocers. Hatton B •••••••••••••••••••••••• do •••••••••••••••••••••••••••••••.•••.•.•.•••••••••
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Willett, William E ••••••••••••••••••••••• do ••.••••••••••••••••••••••••••••••••••••••••••••.•
Williama, John F ••••••••••••••••••••.•••• do •••.•••..•.•••...••••••••••••••••••.•••••••••••••
Lewis. Mordecai.................... Engineering examiner •••..••••••••••••••••••••.•••••••
Coombs, 1. Wendell.. •••••••• _ ••••• Ass1stant to Mr. Klossner •••••••••••••••••••••••••••••
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LOAN AGENCIES t
Atlanta, Ga.:
Cocke, Erle ••• ··············-··
Cbsdwell, W. A ••.••••••••••••.•
Reynolds, O. P ••••••••••••••••••
Baltimore, Md.:
Coke, William H .•••••••••••••••
Cbstterton, Joseph V -··········
Birmingham, Ala.:
~~'kr!ss~ .....................
Hagerty, John 1.••••••••••••••••
MacLean, Daniel P •••••••••••••
Scott, Wllllam N ••••••••••••••••
Charlotte, N. C.:
Campbell, 1ohn A., 1r•••••••••••
Ohlcago, Ill.:
Gallagher, F. D. •••••••••••.••••
Black, Craig 0 ••••••••••••••••••
Walker, Lee.....................
Ernst, D. W ••••••••••••••••••••
Manager ••.•••.•••••••••••••••••••••••••••••••••.•••••
Assistant manager .•••••••••••••••••••••••••••••••.•.•
Field reprosentative•••••••••••••••••••••••••••••••••••
$700.00
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Special representative•••••••••••••••••••••••••••••••••
Examiner •••••••••.•••••••••••••••••••••••••••••••••••
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Examiner .••••••••••••••••••••••••••••••••••••••••••••
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Attorney .•••••..••.•.•••••..•••••..••• ····-··-········
Chief, Loan Liquidation Division •..••••••••••.•.•••••
833.33
625. 00
~~~::::::::: :;¥:::::::::::::::::::::::::::::::::::::::::::
Standish, M. L ••.•••••••••••.•.• Assistant to the m81l8ger••••••••••••••••••••••••••••••
-~·=::::::::::': -:;.;.;;.;.;::::::::::::::::::::::::::::::::::::
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.,.....,Texas.
B................... Manager.............•.........•...•...............•..
Coit, O!addlng B ...•.•••••••••••..••. do .•.•. ·-···-·· ••••••••••••••••••••••••••••••••••••
Hodgson, Raymond 1. •..•.... . Assistant m&11ager •••••••••••••••••••••••••••••••.••••
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-;,nville, Fla.:
r.u:i::~,:~t .................M7..............................................
LI Powell, David H..... .•••••••••• Assistant lll8D8i8r ••••••••••••••••••••••••••••••••••••
ttle Rock, Ark.:
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000.00
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Angeles, Calif.:
C •••••••••••••••••••• : ••••••••••••••••••••••••••••••••••••••••••••••••
Humphrey, Lovell M.. ••••••••• Alslstant m81l8ger••••••••••••••••••••••••••••••••••••
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See footnotes at end of table.
Digitized by
Google
82
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
13.-Namei and compeniation of directori, o.fficeri, and employee3 of the
Reconstruction Finance Corporation receiving from the Corporation more than $400
per month, as of June 30, 1937-Continued
TABLE
LOAN AGENCIES '-Continued
Name
Salaryp1r
month
Title
Minneapolis, Minn.:
Maynard, Ben C................ Manager .•.•.....•.•.•.•••••••...•... - ······--·······
Power, George C. .•...••..•...•. Assistant manager_ •••.•••••••..••..••••••.•••••..•.•.
Nashville, Tenn.:
Gardenhire, J. M..... .... ....... Manager .•.......•.••••••••••••••••.•••••••••••••••..•
Davis, Lee...................... Assistant manager.·························-·········
New Orleans, Ls.:
Buskie, George F ... . . .••••. ..• . . Manager ............................................. .
Robertson, George W ........... Assistant manager ••••.••••••..•••.•.•.•••.. , ••••••••.
Green, Justin____________________ Examiner. _________________ ---------·--·-------.. ----·-Knight, M. J. ............••......•... do .•.•.•...•••••••.•••••••••••••••••••••••••••••••
Goodman, Samuel J. ............ Agency counsel. ••••••••••••••••••••••••••••••.•.•••••
Griffin, James L .•......••...•..• Examiner .••••••••••••••••••••••••••.••••.••••••••••..
McCain, H. L ...............••••.••.. do •.• ······························-··············
McGaughy, Snowden .••..•.•....•.•. do ••••.••••.•• ··············--·····-·············
New York, N. Y.:
Ahearn, Thos. J., Jr ••.•.•••••... Manager ..........••.•..••.•..••••••••••••••••.•.•••..
Tyree, Young ...•.•...•.•...• :.. Assistant manager .•..••••..••••.•.••.••.•..••.•.••••.
Smith, Frederick P ..•••••••••••. Agency office counsel. ••••••.•••••••••••••••••••••••••.
Farthing, William J ...•••••.•.•. Examiner .••.•.•.•••••••.....•...•.•..•••••..••..••••.
Hannan, Edward A ............. ..... do .•.•..••.•.•...•••••....••.•••......•••••••....•
Evarts, Effingham.............. Assistant agency office oounsel••• ·-···················
Schneider, 1ohn Thomas...•••..••.•. do .•. ·······························-·············
Kavanagh, Thomas P .•..•••.•.• Examiner.·········•·············-····················
Barrett, F. H .•..•••••.....••...• Special assistant••••.•..•••.••••••••••.••••••••.•..••••
Reilly, Edward J ••..•.••••.••... Examiner .••••.•••••.••••••..••••••••••••••••••••••••.
Summers, George................ Attorney.••••••••••••••••••• ······-···················
Stevens, Harry L .•..•.......... Examiner .••..••...••••••...•.•..•...•.•.••••••••••..•
Frey, Charles L. .•.......••....• Chief, Loan Liquidation Division •••••••••••••••••.••.
Linn, Henry A.................. Attorney••.•••.•••••••••••••••.•••••••.•...•••.•••.••.
Sutherland, Conrad J .•...••.••...... do .••.••••••••••••••••••••••••••••••••••••••••••••
Clarke, A. J., Jr................. Office manager ••••••••••••••.•••••••••••••••.•.••...•.
Oklwig~~. 9itb, Okla.= ••...•••••••.. Manager ••••••••••••••.•.•••••••••••.•••••••••••••••..
Omaha, Nebr.:
Daniel, Herbert S.•••••••••••....•.•• do •••••••••••• ·-··································
Philadelphia, Pa.:
Kiesling, Robert 1.•••••••••••.•..•••. do .•....•.••••••.•.•••••••••••••••••••••••••••••.•
Scott, E. Raymond............. Acting assistant manager•••.••••••••••••••••••••••••.•
Walton, Henry F., Jr ...••.•.••....•. do ..•.......••.•••.•••.•..••••••••.••.••••••.••..•
Amsterdam, Gustave G. ..••.... Office attorney •••••••.••••••.•.•••••••..•.••••••••.••.
Gretz, Arthur A........••••.•.•. Examiner .•••••••••••••••••••••••••••••••••••••••••••.
Portland, Oreg.:
Slade, E. F •••• ••••••.•.•.•••••.• Manager •••••••••••••••••.••••••••••••••••••.•••••••.•
Richmond, Va.:
Gilmer, Henry 0 ..................... do .••....•.•.••••••••.••••••••••••••••••••••••••..
Staples, E.W .........•.•.•••.•. Assistant manager •••••.•••••••.•.••.•••.•••••••••.•..•
Waters, W. Murray............. Chief examiner•••••••••••.•.•.••.•.••••••••••••••••••.
Salt Lake City, Utah:
Smith, Elias A .....•............ Manager •.••..••••••••.••••••••••••••••.••••..••••••.•
San Antonio, Texas:
Meerscheidt, Otto •.•...•.•••••••..••. do •••••••..•••••••••••••••••••••••••••••.•..•••••.
San Francisco, Calif.:
Calkins, A. A ...........•••.••.. ..... do •••••••••.•.••••••••.•••.•••••••••••••••••••.••.
McCullough, John S., Jr........ Assistant manager ••••••••••••••••••••••••••••.•••••••
St. Louis Mo.:
.
1 John W ................. Manager .....•.........•...•••.•.•.•.••••••..•.•.•...•
Snyder,
Sain, Frank J.... ............... Assistant manager •••••••••.•••..•...••.••••••••.•••••
$625.00
450.00
583.33
f.18.33
s.,3,33
/i00.00
li00.00
458.33
416.67
416.!7
416.67
416.67
833.33
708.33
833.33
791.67
666.6i
625.00
625.00
525.00
/i00.00
/i00.00
li00.00
483.33
458.33
458.33
416.67
416.67
450.00
/i00.00
853.33
li00.00
416.67
500.00
441.67
r,oo,00
/i00.00
416.67
416.67
45().00
/i00.00
750,00
/i00.00
7(1!.33
45(),00
1 On leave of absence without pay.
.
• Except as herein Indicated, attorneys handling legal matters of the various agencies of the Corporatio~
do not receive salaries but are paid in the customary way according to the character and volume of tbewor
performed and therefore are not included.
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REPORT OF 'l'HE RECONSTRUCTION FINANCE CORPORATION
83'
>
:. Tm114.-Statemenf of caah receipts and expenditure, during the ,econd quarter,.
Apr. 1, 1987, to June SO, 1997, inclusive (Corporation'& accounts with TI-eaaurer·
of United State8)
_ Ca!h ba1anoe at the close of business Mar. 31, 1937, as per the books or the
r , o r the Corporation •• ··-·························· ······· ·····•················
1
Checks ilsued prior to Apr. 1, 1937, canceled subsequent to Mar. 31,
$467. 76
1037 •••••.•• •.. .....• ···•· •••• •·•·••·······•· ••••••• ••··•····· · ··•• ••
- Corrections or errors reported to the treasurer subsequent to Mar. 31,
73. 76
11137.................................................................
•- Adjusted ~b balance at the close or btlsiness Mar. 31, 1937 ••••••••••••••••••.••••••••.•••
.
B«:eipm,
-
Sale or notes .•.•.•...••..•• •••••••••••••.... ~.........................
Repayments on loans:
To banks and trust companies (including receivers). $13,694,987. 66
45, 020. 00
To credit unions. ..... ........................... . .
To building and loan associations (including re•
407,957. 72
ceivers) ••.• . •••••..••••.•.•.....•..•...•..•••••••
159,709.37
To insurance oompanles ••.....••..•.•......•.•.•••
709, 959.31
To Federal land banks ••••••••.....•..•.••..•••••••
220,843. 21
To joint-stock land banks ••......•...•.••••.••.••••
19,171.23
To ivestock credit oorporations .••••.•.•...••••••••
To mortgage loan companies ••...••.•..•••••••••••• 12, 790, 056. 18
797,369. 50
To railroads .• ..•.•.••••••••.••.••....•.••••.••••••
10,040.01
To fishing industry •.•••••.•..•...........•.•••••••
To industrial and commercial business ..•...•••••• . 2, 138, 360. 82
00
80,000.
••.•••••••
business
To mining, milling, and smelting
00,393. 76
On assets or closed banks ••............... • ••• •••••
170,141.29
Forself•l!quidatlng projects (par $170,231.04) ••••••••
For repair or reoonstruction of property damaged by
earthQaake., etc.:
70,662.69
Under sec. 201·a, actor July 21, 1932, as amended.
Under act or Apr. 13, 1934, as amended:
« . 322. 03
lndustrial and commercial business .•••• •• ••
37,397.13
Other ... .....• •.•••......•..........••••.•.
For flnancing the ORrrying and orderly marketing or
agricultural commodities and livestock produced
in the United States ,
Commodity Credit Corporation .••.....••• •••• 32, 323, 643. 08
167, 964.32
Other...•.••.•••.•••••••.•.............••••••••
364,551. 06
To drainage, levee, and irrigation districts..••••••••
51,575.68
Secured by preferred stock-insurance companies • ••
&!cured by preferred stock-banks and trust com•
363,301.02
P8Dies ..••.•....•.•••••••••••••••.•••....••••••••
Pre/erred stock, capital note and debenture retirements •••••••..••••••
Relief disbursements (1932 act) repaid ...•..•....••••• • •••.... . ..••••••
Preferred stock installment sales contract •••... • •••••. •.. •........••••
Sale or securities purchased from Federal Emergency Administration of
Public Works..•..•...••••••.•...•..•••••....•••••••••..••.•..••••••
Funds or Disaster Loan Corporation •...••....•.• • •• •• ••.••••••••.••••
Funds of Export•Import Bank ol Washington •.•••••••.•.•.•.•.•.•••••
Interest and dlsoount collected ..•...•.•.........•.•.•• : ..... . . ..•••••
D!v~e_ndscollected on prelerred stock purchased (Including Interest on
m nmrecelpts) .•••.•.••••••............•...•••.••••••...••.•.•.•••
Interest collected on capital notes and debentures •••••....•..•...•.•••
Interest on notes sold .•••••••••••••......•••••.•.•... • .••• .•••
t.e=ed
~':in= ~'<!ooiii-iiies· iiui-ciii.siiii: ·ricini ·oiiiei-· g-;;.,;.;,nixieiiiiii
Pre:;:
Ragencies· •.••.••.••••..•• •.•••.••.•••••••• ••...••••••••••...• ••.••• . •
~:=~~:x~::
1
:r~·aiic1.·i>·rooe;.v;.t·i;,iioi·co1iii.ieia1:::::::
~mmodlty Credit Corporation (cash collateral) ••••••••••...•.•.•••••
. Uectlons on collateral (cash collateral) •.•..•.•••••••.•••.....•• •• • ••
1P1quidation or collateral purchased •••••.•.••...••••••••..........•• • ••
Drernium on securities sold ••.•••..•.•.•.•..••..•••••••••••••••••••••••
Reposits with bids !or purohase of securities ••..••••••••...•••...•••••
Ue~lttan08.'I held In sw:rvinse · ··-········-···-························
Mn oeated (pending a vices) •................•••••••••.•••••....••••
ISCellaneous (Including amounts cretlited In error) •••••••••..•• •••••
$7,496, 158. 73-
Ml.52'
2, 495, 100, 25
15, 050, 000. 00
64, 663, 427. <fl
8, 738, 959. 11
6, 120,843, 33
30,835.64
11,431, 703. 65
4, 351, 420. 33
2, 900, 000. 00
11, 592, 247. 17
52,429.26
112,852.58
747. 94
28,256.89
546, 597. 22
204,023. 79
397, 715. 83
1, 084, 974. 87
I, 800. 68
187, 150. 13
140,898.00
25,000.00
9, 948, 692. 76
2, 444, 084. 97
704, 577.«
140, 759, 238. 66
143, 254, 938. 91
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84
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
14.-Statement of cash receipts and expenditure& during the second quarter,'
Apr. 1, 1937, to June 30, 1937, inclusive (Corporation'a accounts with Treaaurer
of United States)-Continued
TABLE
Expenditures:
Retirement of notes .•..•••••••••••••••••••••••.•••••••••.••••••••••••• $41,000, 000. 00
Loan disbursements:
To banks and trust companies ([ncludiug receivers)............. .• .• . . . . . . . . . • . . . • . . .. .. . . .• $1, 993, 292. 25
To building and loan associations (including
443,1-14. 52
receivers) ..............•.•••.•••••••.•.....•••••
To joint•stock land banks .....•.•••.•••.•......•••
864,897.33
To mortgage Joan companies ......•........••....•
8, 520, 258. 14
To agricultural credit corporations .•.......•.....•
80,727.28
To railroads .........•...........•.•••.•••.•••.••• 15, 000, 000. 00
To fishing industry ........•.............•••.•••••
50,000.00
To industrial and commercial business...........•
9, 421, 982. 11
To mining, milling, and smelting business ..•••••••
521,000.00
53,681.00
On assets of closed banks ...................••••••
For self•liquidating projects (par $13,634,000)_ ...• 13, 556, 704. OI
For repair or reconstruction of property damaged
by earthquake, etc.:
Under sec. 201-a, act ofJuly 21, 1932, as amended
69.80
Under act of Apr. 13, 1934, as amended, other
198,400.00
than Industrial and commercial business ....•
For financing the carrying and orderly marketing
of agricultural commodities and livestock produced in the United States:
20!,906. 68
Commodity Credit Corporation ..••••••••••••
Other ...............•................•.•••••••
61,329.33
To draim,ge, levee, and irrigation districts ..•••••••
5, 001, 022. 21
To public school authorities ....•.....•••.••••••••
22,500.00
To Rural Electrification Administration ••••••••••
3, 402, 000. 00
w, 489, ea. 82
Purchases of preferred stock and debentures; banks and trust oom•
panies ..•.•••........•.•......•..........•.•••••••••••••.•...••.••.•
6, 433, 000. 00
Purchases of stock of Disaster Loan Corporation ••.•. : ••..............
4, 000, 000. 00
Purchases of securities from Federal Emergency Administration of
9, 980, 300. 00
Public Works ..............•...............•••.•.•.....•....••...•••
Withdrawal by The RFC Mortgage Co. of funds held for it •.•••.•..•
2,954,017.95
Withdrawal by Disaster Loan Corporation of funds held for It ••..•.••
4,069,477. 66
Allocations to other goverumental agencies:
To Secretary of the Treasury for purchase of stock
of Federal home Joan banks.....................
SM'T, 900. 00
To Federal Housing Administrator...............
1,121,074.55
For expenses regional agricultural credit Corpora261,400.00
tions (under Farm Credit Administration)......
l, 800,374. 55
Advances for care and preservation of collateral................... . • ••
581, 695. 67
Collateral purchased ........ ,.........................................
1,004.40
71,127.00
Advances for care and preservation and expense of collateral purchased.
523,886.60
Refund of interest and dividend overpayments .•.•.•...... _..........
Release of cash collateral (Commodity Credit Corporation)...........
100,000.00
Interest on cash collateral to rediscounts.. •• ••••••••••••.• ..••.•...•.•
1. 02
Discount refunds.....................................................
114. 88
Release offunds held in suspense ••.•..... :...........................
3,008,991.19
Interest on notes......................................................
1,502,957.74
Accrued interest on securities purchased...............................
231,627.21
Furniture and fixtures................................................
9,981.24
Expense:
OeneraL................. .•••.......•.•......••••••••••...•.•.•••
1,078,077. 70
Loan agency......................................................
865, 176. 94
Custodian .•...•.•...... ·•••.....•.....•.•.•.•.•••••••••.•.•.•••••
571,358.00
635,084.55
Reimbursable expense................................................
Miscellaneous (including refunds and adjustments for amounts credited
in error)............ •...•......••••••••••••••••••••••••••••••.••...
1,502,994.65
- - - - - - $141,491,163.118
1, 763, 775. 05
Cash balanceat the close of business lune 30, 1937···-·····································
NOTE.-In addition to funds on deposit with the Trensurer of the United States, Custodian banks and
turstees held in suspense funds which amounted to $311,595.99 at the close of business Mar. 31, 1937, and
$544,235.12 at the close of business lune 30, 1937.
•
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REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
85
15.-Statement of ctUh receipts and expenditures during the 6 month&,'
Jan. 1, 1987, to Jum 80, 1987, inclusive (Corporation'8 account8 with TretUurer
of United Statee)
fABLl!l
ca.sh balance at the close of business Dec.
31, 1936, as per the books or the
treasurer of the Corporatlon ••••••••••••••••••••••• s.....................................
$5,788,427.01
ldd:
Checks issued prior to 1an. 1, 11137, canceled subsequent to Dec. 31,
1936.....•••..•••••••••••..••••••.••••.•. -· •·•·•· ·- •.•.. .• . ... . •.• . • •
$3, 167. 113
1936.................................................................
79,747.211
Corrections of errors reported to the treasurer subsequent to Dec. 31,
82,916.22
,djnsled cash balance at the close of business Deo. 31, 11136.•••••••••••••••••••••••••••••••
lereipts:
Sale of notes.......................................................... 85,410,000.00
Repayments on Joans:
To banks and trust companies (including recelv•
5,871, 842. 23
ers) •••••••••••••••••••••••••••••••••••••••••••••• $38,055,377.87
To credit unions...................................
108, 721. 81
To building and loan associations (including re•
ceivers) ....••.•••••••••••••••••••••••••••..••..••
775,247.04
To insurance companies .••••••••••••••••••••••••••
4511,849.14
To Federal land banks..•..•••••••••••••••••••••••• 10, 910, 924. 52
324,813.71
To Joint-stock land banks•.•...••••••••••••••••••••
To livestock credit corporations••••••••••••.•••••••
80,508. Oil
To mortgage loan companies.........•••••.••....•• 28, 270, 402. 89
To agricultural credit corporations••••••••••••••••
103,516.33
To railroads ••••••.••••.•...•.••••••••••••••••••••• 6,418,037.82
28,540.01
To fishing industry ••e·····························
To industrial and commercial business.••.••••••••• 6, 824, 200. 21
6~=~g~r~11!i~'
:t'i!~f~~'.~~~!.~~~~~:::::::::
For self-liquidating projects (par $261,280.60) •.•••••
182, 6114. 21
189,959.20
261,190.85
For repair or recollstructlon of property damaged by
earthquake, etc.:
Under Sec. 201➔, Act of 1uly 21, 11132, as
am®ded. •••.•.•••••.••••••••••••••••••••••••
166,686.30
Under Act of Apr. 13, 11134, as amended:
Industrial and commercial business•••••••••
67,6113. 62
112,240.46
Other ..•.•.••....••.•••••••••.••.•••••••••
For financing the carrying and orderly marketing of
agricultural commodities and livestock produced
in the United States:
Commodity Credit Corporation ••••••••••••••• 88, 244, 924. 02
407,539.18
Other .•...•.•••.•..•.... _..••.•......•••••••••
To drainage, levee, and irrigation districts •••••••••
470,591.74
Secured by preferred stock, Insurance companies••• 1, 286, 625. 68
Secured by preferred stock, banks and trust com•
panles.. ......................................... 1,071,167.39
Preferred stock, capital note, and debenture retirements .•••••••••••••
Relief disbursements (1932 act) repaid..•••••••....••••••••••.•••••••••
Preferred stock Installment sales contract •••..•.....•....••.........••
Sale of securities purchased from Federal Emergency Administration of
Public Works....•..•...•.••••••••••••••••••••••••••••••••••••••••••
Funds of The RFC Mortgag_e Co .••••••••••••••••••••••••••••••••••••
Funds of DisaSter Loan Corporation .•••••••••••••••••••••••••••••••••
Funds of Export-Import Bank of Washington •••••••••••••••.••••••••
Interest and discount collected..•..•••••.•...•..•...••.••.•••••••••..•
Dividends collected on preferred stock purchased (including interest
on interim receipts) .••.......••.••••••••.•.••.••••••••••.•.•••••••••
Interest collected on capital notes and debentures•••••••••.••••••.••••
Accrued Interest on notes sold .••...••••••.•••••••••••••••••••••••••.•
Premium on notes sold ..••..••••.•••.••••.•••••••.•••••••••••••••••••
Premium on sale of securities purchased from other governmental
agencies ...................... -·· ..••.. ••····•••···•·················
Reimbursable expense collected .•.•••.•••••••••••.••••......••...•.•••
Repayments on advances for care and preservation of collateral••••••
Commodity Credit Corporation (cash collateral) ••••••••••••••••••••••
Collections on collateral (cash collateral) ••••••••••••••••••••••••••••••
Liquidation of collateral purchased .................................. .
P:emlum on securities sold .......................................... .
Del)06its with bids for purchase of securities •••.••.....••••.....••••••
Funds held as trustee for series A notes of Commodity Credit Corpora-
181, 770, 451. 99
39, 668, 964. 83
12, 475, 343. 83
162,116.84
24,007,731.41
3, 850, 949. 69
6, 350, 420. 33
4,500,000.00
23, 706, 385. 83
7, 481,919.80
2, 1139, 971. 50
l, 418. 42
28,256.89
854,610.50
1, 662, 507. 04
1, 726, 627. 56
1,084, 974. 87
4,121.99
602,217.68
140,898.00
25,000.00
tion _____ . __________ • ___ . __________ ... -- - -- - -- -- -- -- -- -- -- - .. - - - - - - -- - -
625,312.68
Remittances held In suspense ...••••••••••••••••••••••.•••.•.•••••••.•
Cnallocated, pending advices ......•••••••••.•••••••••••••••••.•••.•••
:\liscellaneous (includlni amounts credited in error) ••••••••••••••••••
23, 332, 581. 60
2, 444, 084. 97
769,413.75
------
426, 686, 281. 40
431 567, 623. 63
Digitized by
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86
REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
15.-Statement of cash receipts and expenditures during the 6 month&,
Jan. 1, 1937, to June 30, 1937, inclusive (Corporation's accounts with Treasurer of
United States)-Continued
TABLE
Expenditures:
Retirement of notes-----·---··--·-·-·--·-·--······················---· $161,900,000.00
Loan disbursements:
To banks and trust companies (including receivers)_ $5,880,305.89
To building and loan associations (including receivers)_------·--·-·---·-······-····-·-·-··-·-····-···
443, 144. 52
To insurance companies_--··----···---------·-·---·
155,921.66
To joint-stock land banks ____ ·--··---·----···-··--·- 1,207,985.18
To mortgage Joan companies--------···-·---·------- 18,366,681.21
To agricultural credit corporations _____ ·--·---·-····
!W, 727. 28
To railroads _______ -·--·---·----·--··--------·-·---· 15,000,000.00
To fishing industrY-----------··----·-·-·-··-··--·-·
61,875.00
To industrial and commercial business·----·-···--·· 13,301,030.22
To mining, milling, and smelting business_.........
725,000.00
On assets of closed banks·-----·------·····--·-··--·
94,254.75
For self-liquidating projects (par $27,255,000) ________ 27,103,601.00
For repair or reconstruction of property damaged by
earthquake, etc.:
69. 80
Under sec. 201-a, act of July 21, 1932. as amended.
Under act of Apr. 13, 1934, as amended:
Industrial and commercial business--···-·-·
63,950.00
Other.·--···--···--·-··---------··-·-·--··-280,521.84
For financing the carrying and orderly marketing of
agricultural commodities and livestock produced
in the United States:
Commodity Credit Corporation_ ••••••••.•••.•• 36,924,527.95
425,046.42
Other _____ .-·-·-·----·---·-------------------···
To drainage, levee, and irrigation districts_···-····· 8,622,470.24
To public school authorities---·--·-------··-----·-··
75,920.47
To Rural Electrification Administration ___ ···-·-··· 3,900,000.00
132, 713, 033. 43
Purchases of preferred stock, capital notes, and debentures, banks and
8, 468, 000. 00
trust companies __ . __ -·-· ____ . ___ ._-· ___ .--·--·····-·-·-·-··_-·-- ••••
5, 000, 000. 00
Purchase of stock of The RFC Mortgage Co·-------·---·-·-·----·--··
6, 000, 000. 00
Purchase of stock of Disaster Loan Corporation ____ ·---------------···
Purchases of securities from Federal Emergency Administration of
Public Works _______________ ---·-----·-·-·-----_---·-----·---·-····· 25, 466, 281. 82
5,419, 779. 55
Withdrawal by The RFC Mortgage Co. of funds held for iL---·······
4, 178, 492. 76
Withdrawal by Disaster Loan Corporation of funds held for it ••••••••
Allocations to other governmental agencies:
To Secretary of the Treasury for purchase of stock of
Federal home loan banks_-----------·-··--·-··--- $2,644,600.00
To Federal Housing Administrator_---------------· 5,121,074.55
For expenses regional agricultural credit corpora•
508,400.00
tions (under Farm Credit Administration) __ ·---·
For expenses Federal Emergency Relief Administration._··-·-··········-·-········---·--·-···-·-··
341. 76
8, 274, 416. 31
Advances for care and preservation of collateral ••••••• -·-·-··------···
1,645,645.59
10,477.21
Collateral purchased .. -----·-··--······-··-·---·-·------------ __ -----·
Advances for care and preservation and expense of collateral purchased.
136, 466. 36
Refund of interest and dividend overpayments_··-----·-·····-·-·····
911,477.38
1,750,000.00
Release of cash collateral (Commodity Credit Corporation)_..........
Interest on cash collateral to rediscounts_·············--······-·······
1. 02
Discount refunds ... --·_-·--·-·-·---·---·----·-···--------·-·-·--··--·
114. 88
Release of funds held as trustee for series A notes of Commodity Credit
Corporation_ .... __ ··--·-····-···-····················---·-·-·--···· 35,665,414. 77
Release of funds held In suspense_············-·······---·····-·-·--··
8,208,895.18
Interest on notes ___ ······--·-·····---·········-·········--··-··--···-· 16,021,351.14
Accrued Interest on securities purchased •• ·-·········--·-·-·······-···
549,674.26
Furniture and fixtures .•••••••••••.••••.••..•••••.. _..................
17,592.95
Expense:
General. •...••••••.••••••••••••••••••••.•••.•••••••••••••.•••• -...
2,146,510.61
Loan agency·····---··-·····································-··-··
1,765,132.18
942,211.43
Custodian __ •.... _-·---··············-····--····-·····-·-·-··-··-·
1,038,265.45
Reimbursable expense ____ -·--·--·····-··-----·-···-·-·-··-----·--·--·
Miscellaneous (including refunds and adjustments for amounts cred•
lted in error)_························-··-·········-·····-······-····
1,564,614.30
- - - - - $429,793, 8t8. 5!
1, 763,775.01
Cash balance at the close of business June 30, 1937..•••••••••••••••••••••••••••••••••••••••
N OTE.-In addition to funds on deposit with the Treasurer of the United States, custodian banks and
trustees held in suspense funds which amounted to $281,271.84 at the close of business Dec. 31, 1936, and
$544,235.12 at the close or business June 30, 1937.
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REPORT OF THE RECONSTRUCTION FINANCE CORPORATION
TABLE
87
16.--Statement ofccmditi01t aa of the cloae of busineaa, June SO, 1997
A!ll!l:T!I
:a.,h on deposit with Treasumr or United States_________ ·--------------··-----------·-'unds bald In suspense by custodian banks and trustees--·-··---------·--------------··
'etty cash rands, travel and other advances.. •• ·---···-··-·-·-·-·---------------------·
·. S. Government securities (par)_--------------------------------- ___________________ _
Jlocated lnr expe~ regional agricultural credit corporations prior to May 'l:l, 1933 e___ _
Jlocated !or expenses regional agricultural credit corporations since May 26, 1938 (under
Farm Credit Administration)! ________________________________ --·------·-- __________ -llocated !or Federal Emergency Relief Administration (1933 relief act) ________________ _
Emergency Appropriation
Relier Administration (under
Emergency
!or Federal
Jlocated
_
• _____________________________
_____________________________
______________
\ct ol 1935)1
llocated under Emergency Reller Appropriation Act or 1935 •--- ----------------------·
llocated to Secretary of Treasury*----------·------------------ - ---------------------llocated to Secretary ot Treasury'------·-··------··-·--------··-----·------·--------·llocated to Land Bank Commissioner•-----··------------- ---•·---·-· $300,000,000.00
65,000,000.00
lal: Reallocated to Federal Farm Mortgage Corporation.._····--·-·
llocated to Federal Farm Mortgage Corporation.._.·-···-·-···--·--·----------------llocated to Federal Housing Administrator•------·-····-·········-·-------------·-·--·
l l ~ to Secretary or Agriculture'····-···-·······-····-············ $lro, ooo, 000. 00
Reallocated as capital regional agricultural credit
corporations ••• -···-·-···-·--·------·------··-· $44, MO, 000.00
Reallocated to Governor ot Farm Credit Admln•
istration •• ·-·•····-·-·-·-·-·-·---·-··········-· 40, 500, 000. 00
85, 000, 000. 00
apltal regional agricultural credit corporations_.---·-·-·-·-······-··--- 15,000,000.00
Allocated for revolving fund (capital regional agricnltural credit cor•
poratlons) _·-···········--·························-·-············ 29,500,000.00
llocated to Governor Farm Credit Administration.... •••••••••••••.• _•••• _. ___ ••••••••••
.ock:
Commodity Credit Corporation, purchased••• ·•···············-·------·--·-········
Disaster Loan Corporation, purchased •• -·---··············· •••• ·----"-···-·········
ellel au1hori18tions (1Q32 act):
Advances to governors or State., and Territories, proceeds disbursed. •• -·-·---·······
,terest on notes issued Cor runc1a..1or allocations and relier adva.w:es-•••••••• ·-··-----···
eliel aothorizatiom (1932 act):
Advances to mwrlcipalitl1111 and political aubdlvisioos Including Puerto Rico, proceeds
disbanied (less repayments) ••• --·-··----··------·············--·-·-----·······-···
•
:,ons under sec. 5: .
Proceeds disbursed (less repayments):
Banks and trust companies 10 ___ ····-··-·····-··············--·· $163,799,870.03
180,931.58
Credit unions •• ·······-'·-·--·---·····---·-··------··-·······-·2,076,345.35
Building and loan 88SOC!ations 10····-···········---······-······
8,702,568.16
Insnrance companies••• --··-··---···············-···············
Federal land banks.--·-·-----·-·····-·---···················-·· 13,757,474.18
2,576,002.65
Joint-stock land b8llks.------·--···-----·---·--·-···············
300,663.58
Livestock credit corporations. __ -···········-·---·-·-·······--··
Mortgsge loan ,companles 1•-·-·············-·-----·-·-·····-···· 121,177,165.75
125,000.00
····-·······················..
••
Agricultural credit corporations_
Railroads (including receivers) •• -•-····---···-·········· · -···-·· 364,319,852.94
577,671.68
Fishing Industry••• ---·······-······-·-··········--··•······--··
Proceeds not yet disbursed:
Banks and trust companies 10 __ ·-·-·-···---·-·-·················
Building and loan 8S80Ciations 1•·-··-··~--··---·-·-·-·····-·-·-·
Ioint•stock land banks__ ·-_··- •• ·-·····--·-·-----··········-··-·
~~~,: loan companies 10_·-···············-·-----···-········
Fishing Industry_···-·------·--·--······--··················-··-
$1, 763, 775. OIi
644,235.12
20,737.36
10, 310, 800. 00
3, 108, 'l:78. 64
13, 777, 500. 00
500, 000, 000. 00
500, 000, 000. 00
500, 000, 000. 00
124, 741,000. 00
200, 000, 000. 00
245, 000, 000. 00
66,000,000. 00
51, 121, 074. 66
115, 000, 000. 00
«, 500, 000. 00
40, 500, 000. 00
97, ooo, ooo. oe
8, 000, 000. 00
280, 025, SIS. 00
23, 1116, 867. 06
3, 064, 623. 00
662, 5Q3, M5. 811
66, 997, 875. 54
1, 391, 224. 73
621,556.60
87, 729, 331. 42
78,000.00
25,125.00
oans to industrial and commercial business:
Proceeds disbursed (Jess repayments).---·-·-···--·-·············-·············-····
Proceeds not yet disbursed __ •• -··--···--·-·-·-·-----····-········----··········•-··
oans to mining, milling, and smelting business:
Proceeds disbursed (Jess repayments)-·-··--·-···-·--··············--··-········· •••
oa~r=~~f!1~~~b~=, -.---·----........ ······--·-···········------·······-···
Proreeds disbursed (less repayments) ••••••••••••••• ···-······················-·-·-·
Proceeds not yet disbursed __________ -··--·--········-··--··· •• ··-· •• ·-·-··········-·
~'"-' and contracts !or sell-liquidating projects:
Proceeds disbursed (less repayments) (par $215,725,365.46) •••••• -----··········--····
Proceeds not yet disbursed (par $100,482,000.00).--------···-··-···----··········--··
~ns lor repair or reconstruction of property damaged by earthquake, etc.:
Proceeds disbursed (less repayments). ____ ._--··-·- -- -- ••••••••• ----- -- -··- --····· •·
Proceeds not yet disbursed ____ ·-----------------·-·-···········--------·.·----·---·
under sec. 201-c, for financing sale or agricultural surpluses In foreign markets:
Proceeds disbursed (less repayments) _______________ ·--·-- -· -- ·- __ -·---------------·' ' "' for financing the carrying and orderly marketing ol agricultural commodities and
Jl'PStock produced In the United States:
Pr,_rls disbursed (less repayments).··----·······-·· •• ····-······---····--·-··-·--·
Proceeds not yet disbursed-·····-······--·---··················-··-··· ••••••••••••••
See footnotes at end of table.
""°'
Digitized by
lM,843, 113. 211
70, 549, 182. 37
17,860, Q62. 64
1,879,805. 79
1, 957, 000. 00
1, 205, 754. 43
2, 182, 631. 95
213, 138, 754. 34
100, 450, 881. 8Q
8, 768, 361. 65
1,386,481. 32
46,81)5. 99
48, 694, 654. 84
209, 443, 863. 10
Google
88
REPORT OF THE RECONSTRUCTION· FINANCE CORPORATION
TABLE
16.-Statement of condition aa of the cloae of buaineaa, Jum SO, 1937-0Jn
ASSICT-ntlnued
Loans to drainage, levee, and Irrigation districts:
Proceeds disbursed (less repayments)_---------··-··································
Proceeds not yet disbursed _____ ············-·······················-·····-··········
Loans to public school authorities:
Proceeds disbursed ____ --·-····--·-·-·--·-·····························-··-······· ••
Proceeds not yet disbursed ____ ·--------·----·-··-························-·········
Loan to Rural Electrification Administration:
Proceeds disbursed ____ -·-- _____ ··-···---·-··-····-·································
Proceeds not yet disbursed _________ -·--·-·-··- ___ -······························-···
Loans secured by preferred stock, insurance companies:
Proceeds disbursed (less repayments) _______________ -·--_-························-·
Loans secured by preferred stock, banks and trust companies:
Proceeds disbursed (less repayments)_--·-··········-··············-················
Proceeds not yet disbursed_·-········-·················· ••••••••••••••••••••••••••••
Stock, mortgage companies:
Purchased.·-·- _____ .• _............. -··- ...••..•.•.•.•.•.•.•..••••••••••••••••••••••
Subscription authorized __ ··········--·-·············································
Preferred stock, banks and trust companies:
Purchased (less retirements)_ .•••• _•.••..•••.•••••.•••••.•••••••.•••••••••••••••••••
Subscriptions authorized ___ ._-·· .•.. _.. _...... _... ·-·_··-· .•.••.••• _··- •••••••••...•
Preferred stock, insurance company, purchased ____ .... -·_ ..•••••••••••••••••••••••••••••
Capital notes and debentures, banks and trust companies:
Purchased (less retirements) •... ···- .•.. ··- .••.• -···································
Subscriptions authorized_---··--·-···-··········_ ....•.•••.•••.•••••.•••••••••••••••
Preferred stock installment sales contracts __ ·····---·-·--·-·-····-·--··-··-·-···········
Purchases of securities from Federal Emergency Administration of Public Works:
Purchases (less sales and retirements) (par $120,110,240.00)_ ••••...•.•.•. c.••••••••••
Purchases authorized but not yet consummated ••••••••.•.••••.•••...••.•••••••••••
Notes receivable ___ ----·· __ ··-·-·-··----·-·-···········································
Advances for care and preservation of collateral:
Proceeds disbursed (less repayments) •..••..••••••••••••••••••••••••••••••••••••••••
Proceeds not yet disbursed ____ ···-·-·-···-·-·---·-··················-········--····
Collateral purchased (cost plus advances and expenses)_·-······························
Accrued Interest and dividends receivable ••••.. ·-······················-···············
Reimbursable expense •••••..•........ _•.••... ··-····-·····-·····-·-·· .•••...•....••..••
Furniture and fixtures.•····-·-·-·---····································· $763,371.19
Less allowances for depreciation_........................................ 2118, 909. 76
$72,ffl,2&1.:
45,lrlll,SM.,
76.9n•
1,433,0ii.l
4, OOl,llll.1
42, 500,1111.•
27,87.. llll
12,143.11.
100,11».
25,00l,lll).
500,llll.
448,811,211
32,32'2,51l'l
100,111
152. 988,511
68,681.1111
46!,6ij
119,585.11
li6,127,lil
6,3111
939, ■
429,511
5,628,611
35, 9(4.411
1,183,311
Miscellaneous disbursements •••••••••••••••••••••••••••••••••••••••••••••••••••••••••••
Total............................................................................. 6,457, ~ It
IJABILITIES AND CAPITAL
Payable on certificate of Federal Emergency Relief Administrator (1933 Relief Act) .•••
Payable to Secretary of the Treasury•-·-·-·--··············-·······-·····-·-·-·····-···
Payable to Land Bank Commissioner•------·-·-·······-···-···········--·-·-··-····-··
CalJabie by Farm Credit Administration for expenses of regional agricultural credit
corporations '- -··· .. -· _.. _•• ______ -·· -··-- -· •• ___ ·-·-·-- •.••.•••••••••••••••••••.•..••
Payable for capital regional agricultural credit corporations_ ••.••..•••.•.•••••••••..••••
Liability for funds held as cash collateraL. _··-·-----·-···--····························
Liability for funds held as cash collateral, Commodity Credit Corporation •.••••••...•••
Liability for deposits with bids __ .----------···-······-·································
Liability for funds held for other agencies ___ ----··-···-···-······················--·····
Liability for funds held pending adjustment_····-······································
Proceeds not yet disbursed:
Loans under sec. 5_ ·- _______________________________ -··- __ -· __ -··········· •••. -·· •.•
Loans to industrial and commercial business-----·--·-·--·---:----·-·---··-··---····
Loans to mining, milling, and smelting business---------·-·-------·-·-·-·-----·····
Loans on assets of closed banks _______________ -----------------·-----·-·-·-·--···--·
Loans and contracts for self-liquidating projects----------------------·-·-····-·-·--·
Loans for repair or reconstruction of property damaged by earthquake. etc_._.-·· __ _
Loans for financing the carrying and orderly marketing of agricultural commodities
and livestock produced in the United States_-------------··-·--------··---------Loans to drainage, levee, and irrigation districts .•. ·-·------------------······--·-·Loans to public school authorities--------------------------·-·---·---··-·--·-·-···-Loan to Rural Electrification Administration ________________ ···------·-···--·····-·
Loans secured by preferred stock, banks and trust companies----------·······--··-·
Advances for care and preservation of collateral--------------------------·--···-·--·
Subscription authorizations:
Stock. mortgage companies _________________________ --------------------··-----Preferred stock, banks and trust companies-----------·------------·-··------··Capital notes and debentures, banks and trust companies ______________________ _
Purchases
of______________________________________________________________
securities from Federal Emergency Administration of Public
Works
authorized
·-·---·_-·
Cash receipts not allocated pending advices------------------------------·--·-·····-···Other receipts not allocated pending advices_·----------·-------·--------·---··-·-··-···
Miscellaneous liabilities (including suspense)_-·---·--·-------·--·--·--···----···----·-·
Unearned discount _____________________________________________ -···- -···---·-··········
Interest paid in advance ________________________ -------------·------·-·-·-·-····-·····-·
Interest anrl dividend refunds and rebates payable---------------··-----···--·····--····
Interest accrued _____________ --·----·· ___ --•-·····---- __________ ---·····················
See footnotes at end of table.
Digitized by
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ll
4, 227,00
97,400.~
I. 565,84
29,500,111
571,!II
2,284, !II
25,ll
7,086.1
•
156. 843, 11
17,860, Ill
1. 957, fl
2. 162. s:
100. 400,8!
1, 386,ll
m.443,81
45, 029,81
1. 433,(l
42, 500,ll
100,0I
429,5'
500,ll
32,322, /ii
58. 681,81
56, 127,ll
2. 444,0I
!l96,5!
31,620.31
5,)
163.6:
176, 1:
13,349, :II
REPORT OF THE RECONSTRUC'l'ION FINANCE CORPORATION
TABLE
89
16.-Statement of condition m of the close of business, June 30, 1937.-Con.
LIABILITIES
AND CAPITAL--eontinued
Deferred credits:
Profits
from
sale
of securities purchased from other
governmental
agencies
(net)
___________________________________
------__________ _
Collections on collateral purchased _________________________________ _
Income on collateral purchased ____________________________________ _
Other _____ ---------- _______________________________ --- __ ---- -- ____ - -
$9, 611, 920. 87
2, 120, 223. 13
394,615.08
33,920.37
~::ws:r:kH, K, and_L______________________________________________________________ 3,
Surplus Dec. 31, 1936 (adjusted) ________________________________________ $150,261,808.04
lle.,erve for self insurance_______________________________________________
175,000.00
Interest and dividends earned less interest and expenses (Jan. 1, 1937, through June 30,
$12, 160, 679. 4li
:l:
~: ~:
~
150, 436, 808. 04
1937) ____ •• ____ ••• -- _•• _-- -- ••••• _. _•• _. _--- __ • ____ • ___________ -- _____________________ _
15, 731, 401. 04
Total •• ___________________________________________________________________________ 6, 457, 209, 121. 40
1 Title
II of the Emergency Appropriation Act, fiscal year 1935, approved June 19, 1934, provides:
'" • • That not exceeding $500,000,000 ln the aggregate of any savings or unobligated balances in funds
ol the Reconstruction Finance Corporation may, In the discretion of the President, be transferred and
applied to the purposes of the Federal Emergency Relief Act of 1933 and/or title II of the National Industrial
Reoovery Act, • • •."
Under this act $500,000,000 has been transferred to the Federal Emergency Relief Administration.
• The Emergency Relief Appropriation Act of 1935, approved Apr. 8, 1935, provides: "That in order to
provide relief, work relief and to Increase employment by providing for useful projects, there Is hereby
a11proprlated, • • • to be used In the discretion and under the direction of the President, to be immediately available and to remain available until June 30, 1937, • • • not exceeding $500,000,000 in the
apregate of any savings or unexJ>«:nded balances In funds of the Reconstruction Finance Corporation
• • •." $500,000,000 has been d1Sbursed by the Corporation under these provisions of the act.
• Sec. 2 of the Reconstruction Finance Corporation Act, as amended, provides that "In order to enable
the Secretary of the Treasury to make payments upon stock of Federal home loan banks subscribed for by
him in accordance with the Federal Home Loan Bank Act, the sum of $125;000,000 or so much thereof as
may be necessary for such purpose, is hereby allocated and made available to the Secretary of the Treasury
• • •." The amount of such stock subscribed for by the Secretary of the Treasury is $124,741,000.
• Sec. 4--b of the Home Owners' Loan Act of 1933, provides that to enable the Secretary of the Treasury
lo mate payments for subscriptions by him to the capital stock of the Home Owners' Loan Corporation the
Reconstruction Finance Corporation shall allocate and make available to the Secretary of the Treasury
the sum of $200,000,000 or so much thereof as may be necessary. The amount of such stock subscribed for
by the Secretary of the Treasury is $200,000,000 and this amount has been paid to him.
• Sec. 30 (a) of the Emergency Farm Mortgage Act of 1933, as amended! made $100,000,000 available to
the Farm Loan (now Land Bank) Commissioner for loans to Joint-stock and banks, of which $2,600,000
bas been paid to him. Bee. 32 of the same act made $200,000,000 available to the Farm Loan (now Land
Bank) Commissioner for direct loans to farmers, of which $145,000,000 was paid to the Land Bank Commissioner and the remaining $56,000,000, reallocated and paid to the Federal Farm Mortgage Corporation
under sec. 3 of the Federal Farm Mortgage Corporation Act.
1 Sec. 4 of the National Housing Act provides that "the Reconstruction Finance Corporation shall make
available to the Administrator such funds as he may deem necessary." Pursuant to this act $51,121,074.56
bas bean paid to the Federal Housing Administrator.
• Sec. 2 of the Reconstruction Finance Corporation Act, as amended, made available to the Secretary of
Agriculture $:aJ0,000,000. Of this amount $135,000,000 was paid to him, of which $20,000,000 was returned
lo tbe Corporation. Of the $85,000,000 then held by the Corporation, $44,500,000 was reallocated and
disbursed as capital of the regional agricultural credit corporations (sec. 201 (e), Emergency Relief and
Construction Act of 1932). The remainder, $40,500,000, was made available and has been paid to the
Governor of the Farm Credit Administration, pursuant to the provisions of sec. 5 (a) (1) of the Farm Credit
Act of 1933.
1 Sec. 201 (e) of the Emergency Relief and Construction Act of 1932, provides that all expenses Incurred
In connection with the operation of the regional agricultural credit corporations shall be paid by the Reconstrurtion Finance Corporation. Under the provisions of this act the Corporation has allocated
Sl&,885,778.64 for such expenses.
1 Represents undisbursed portion of estimated expenses of the regional agricultural credit corporations
lorthel!scal year ending June 30, 1938.
11 Loans undllr sec. 5 of the Reconstruction Finance Corporation Act, as amended, to aid in the reorganliation or liquidation of closed lnstltutiQllS have been authorized In the aggregate amount 0!$1,303,261,271.78,
or which $304,533,068.91 has been canceled. After taking into consideration repayments of $846,970,060.31,
Ii.ms (10) of the balance sheet Include the balance of $81,965,368.32 representing proceeds dlsbqrsed (less
repayments) and $69,792,774.24 repres.entlng proceeds not yet disbursed, exclusive of a $25,000 loan approved
In principle upon the performance of specified conditions.
In addition to loans and other authorizations rellected on the statement of condition, the Corporation
bas approved In principle, upon the performance of speci.fled conditions, loans in the amount of $163, 724,284.85, purchaslls of ptjjferred stock and debentures In the amount of $36,117,430.41, and purchase of stock
of a mortgage company in the amount of $10,000,000. The Corporation has also agre.ed to purchase from the
Federal Emergency Administration of Public Works at par and accrued Interest such part of securities
having aggregate par value of $44,673,000 as may be available for delivery.
tnder the provisions of sec. 5 (b) of an act approved June 16, 1934 (Pub., No. 362, 73d Cong.), the Corporation Is required to purchase debentures or other obligations of the Federal Deposit Insurance Corporation, upon its request, up to but not exceeding $250,000,000. The Corporation has not been called upon to
l)Wcbase any such obligations.
This statement of condition does not take Into consideration expenditures Incurred but not paid by the
Corporation at the close of business June 30, 1937, nor income of regional agricultural credit corporations
•b06e capital stock was subscribed by the Corporation.
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