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QUARTERLY REPORT OF RECONSTRUCTION
FINANCE CORPORATION
QUARTER ENDING JUNE 30, 1938
RECONSTRUCTION FINANCE CORPORATION,
Washington, September 29, 1938.
Sm: Pursuant to the provisions of section 15 of the Reconstruction
Finance Corporation Act, as amended, the Reconstruction Finance
Corporation has the honor to submit the following report covering its
operations for the second quarter of 1938, and for the period from the
organization of the Corporation on February 2, 1932, to June 30, 1938,
inclusive.
OPERATIONS-SECOND QUARTER OF 1938
During the second quarter of 1938, the operations of the Corporation
were as follows:
Under section 5 of the Reconstruction Finance Corporation Act,
as amended, 49 loans were authorized, which, together with increases
in loans previously approved, aggregated $54,660,727.67 1 as follows:
$10,164,926.76, to banks and trust companies (includmg $9,864,926.76, to aid in the reorganization or liquidation of closed banks);
$601,500, to building and loan associations; $1,032,891.91, to an
insurance company; $7,914,909, to mortgage loan companies; $575,000,
to a joint-stock land bank; and $34,371,500, to railroads (including
$1,500,000, to trustees of railroads, and purchases of $15,242,500 of
securities of railroads).
Under section 5d of the Reconstruction Finance Corporation Act,
as amended, the Corporation made 1,600 authorizations to business
enterprises. These authorizations, together with increases in authorizations previously made, aggregated $35,126,967.70, as follows:
Loans, $25,157,750; purchases of participations and agreements to
purchase participations, $9,969,217.70.
Under section 5d of the Reconstruction Finance Corporation Act,
as amended, 11 loans to public agencies to aid in financing projects
authorized under Federal, State, or municipal law, aggregating
$12,130,500, were authorized.
Under section 5e of the Reconstruction Finance Corporation Act,
as amended, 10 loans on the assets of closed banks and trust companies
aggregating $665,991.18, were authorized.
Under section 201 (d), title II, of the Emergency Relief and Construction Act of 1932, one loan to finance the carrying and orderly
marketing of agricultural commodities, in the amount of $50,000,000,
was authorized.
Under section 304, title III, of the act approved March 9, 1933, as
amended, the Corporation made 23 authorizations aggregating $29,1
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REPORT OF RECONSTRUCTION FINANCE CORPORATIOX
851,900, as follows: Subscriptions for preferred stock of banks and
trust companies, $27,552,000; and purchases of debentures of banks,
$2,299,900.
Under section 36, title II, of the Emergency Farm Mortgage Act of
1933, as amended, 61 Joans to or for the benefit of' drainage, levee
irrigation, and similar districts, etc., were authorized, which, togethe;
with an increase in a loan previously approved, aggregated $3,349,642.98.
.
Under section 14 of the act approved June 19, 1934, as amended,
which empowers the Corporation to make mining loans, etc., seven
loans aggregating $872,000, were authorized.
Under the act approved August 24, 1935, one loan to a tax-supported
public-school district in the amount of $1,062.92, was authorized.
Summarizing the foregoing, 1,763 authorizations were made during
the second quarter of 1938. These, together with increases in authorizations previously made, aggregated $186,658,792.45. Cancelations
or withdrawals of authorizations made during the second quarter and
previously, aggregated $24,224,979.81.
Disbursements during the second quarter of 1938 were $94,766,765.43
,and repayments, $169,831,546.51. The decrease in the amount outstanding on June 30, 1938, as compared with March 31, 1938, was
$75,064,781.08.
OPERATIONS-FEBRUARY 2, 1932 1 TO JUNE 80 1 1938 1 INCLUSIVE
During the entire period from the organization of the Corporation
on February 2, 1932, to June 30, 1938, inclusive, the following were
authorized:
Under section 5 of the Reconstruction Finance Corporation Act,
as amended, 19,604 loans to 9,121 institutions, aggregating $4,6i8.946,275.62, were authorized, as follows: $2,522,324,078.56, to 7,350
banks and trust companies (including $1,187,610,924.91, to aid in the
reorganization or liquidation of closed banks); $148,445,199.40, to
1,013 building and loan associations (including $25,141,957.84, to
receivers of closed building and loan associations); $104,039,750.19, .
to 133 insurance companies; $561,316,258.89, to 414 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";
$28,471,572.68, to 27 joint-stock land banks; $9,250;ooo, to 8 Federal
intermediate credit banks; $6,120,867.59, to 20 agricultural credit
corporations; $178,840,452.48 (rediscounts), to 12 regional agricuJtunu
credit corporations and their branches; $14,511,327.88, to 19 livestock
credit corporations; $691,424,295, to 76 railroads (including $18,946,708, to raiJroad receivers and $10,019,252, to trustees of railroads);
$26,089.27, to 7 processors or distributors to pay processin~ tax_es;
$13,087,715.88, to a State fund created for the purpose of msunng
repayment of deposits of public moneys; and $809,700, to 22 borrowers
engaged in the fishing industry.
Under section 5c of the Reconstruction Finance Corporation Act,
as amended, five subscriptions for capital stock of three mortgage loan
companies aggregating $37,250,000, were authorized.
Under section 5d of the Reconstruction Finance Corporation Mt,
as amended, 4,176 authorizations to 3,731 business enterprises, aggre-
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REPORT OF RECONSTRUCTION FINANCE CORPORATION
3
gating $202,978,581.69, were made as follows: Loans in the amount
of $170,143,141.10 to 3,150 businesses; purchases of participations and
agreements to purchase participations in the amount of $32,835,440.59
in loans to 581 businesses. .
Under section 5d of the Reconstruction Finance Corporation Act,
as amended, 11 loans aggregating $12,130,500 to 11 public agencies
to aid in financing projects authorized under Federal, State, or
municipal law, were authorized.
Under section 5e of the Reconstruction Finance Corporation Act,
as amended, 182 loans aggregating $18,588,188.25 on the assets of
179 closed banks and trust companies, were authorized.
Under the Emergency Relief and Construction Act of 1932,
as amended, 839 authorizations to 335 applicants, aggregating
$2,454,562,852.85, were made as follows: Under section 1, title I,
$300,000,000 was made available to 42 States and 2 Territories for
purposes of relief and work relief; under section 201 (a), title II, as
amended, loans or contracts aggregating $399,967,487.36 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 section 201 (d), title II, loans a~gregating $1,690,774,178.07 were authorized to 106 applicants to aid in
financing the carrying and orderly marketing of agricultural commodities and livestock, produced in the United States (including
authorizations of $1,604,712,664.99 to the Commodity Credit
Corporation).
Under section 304, title III, of the act approved March 9, 1933,
as amended, 8,599 loans on and subscriptions for preferred stock, and
purchases of capital notes or debentures, of 6,841 banks and trust
companies, aggregating $1,296,329,589, were authorized as follows:
1,120 loans secured by preferred stock of banks and trust companies,
$23,274,755; 4,347 subscriptions for preferred stock of banks and
trust companies, $839,593,484; and 3,132 purchases of capital notes
or debentures of banks and trust companies, $433,461,350.
Under section 5, title I, of the Agricultural Adjustment Act of
1933, as amended, two loans to the Secretary of Agriculture to acquire
cotton, aggregating $23,500,000, were authorized. Of this amount
$20,200,000 was canceled.
Under section 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 9 insurance companies, $34,275,000;
and a subscription for preferred stock of 1 insurance company,
$100,000.
Under section 36, title II, of the Emergency Farm Mortgage Act
of 1933, as amended, 986 loans to or for the benefit of 622 drainage,
levee, irrigation, and similar districts, etc., aggregating $139,867,168.08,
were authorized.
Under the act approved April 13, 1-934, as amended, 705 loans to
667 borrowers to finance the repair of damage by earthquake, flood,
or other catastrophe, aggregating $5,734,288.75, were authorized.
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REPORT OF RECONSTRUCTION FINANCE CORPORATION
Under section 14 of the act approved June 19, 1934, as amended,
137 loans to 119 borrowers engaged in the business of mining, milling,
or smelting of ores, etc., aggregating $12,150,500, were authorized.
Under section 16 of the act approved June 19, 1934, as amended,
one loan of $22,500,000 for the purpose of payment of teachers'
salaries was authorized. Of this amount $200,000 was canceled.
Under the act approved August 24, 1935, 28 loans to 26 taxsupported 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 $8,987,419,744.24 were made during the period from February 2, 1932, to June
30, 1938, inclusive. Of this amount, $1,779,655,906.90 was later
withdrawn or canceled, and $6,701,624,037.96 was disbursed. Repayments and other reductions amounted to $4,974,248,929.30, of
which $282,825,766.70 represents cancelation of the Corporation's
notes, pursuant to the provisions of the act approved February 24,
1938, equivalent to the balance of the amounts disbursed for relief
and work relief under title I. of the Emergency Relief and Construction Act of 1932, as amended. •. TJ:ris left $1,727,375,108.66 outstanding on the books of the Corporation at the close of June 30, 1938.
In addition, the Corporation had outstanding on June 30, 1938,
agreements to make authorizations, totaling $184,471,876, upon the
performance of specified conditions.
0
REGIONAL AGRICULTURAL CREDIT CORPORATIONS
Under section 84 of the Farm Credit Act of 1933, as amended,
with the approval of the Acting Governor of the Farm Credit Administration, the Corporation, during the second quarter of 1938,
authorized reductions in the capital of seven ;regional agricultural
credit corporations, as follows:, The Regional Agricultural Credit
Corporation of Fort Worth, Tex., from $450,000 to $100,000; of
Minneapolis, Minn., from $4,600,000 to $3,900,000; of Salt Lake City,
Utah, from $600,000 to $200,000; of Sioux City, Iowa, from $500,000
to $200,000; of Spokane, Wash., from $500,000 to $200,000; of
Washington, D. C., from $250,000 to $200,000; and of Wichita,
Kans., from $600,000 to $200,000.
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 1938,
approved increases aggregating $4,321,267.99, in the face amount of
marketable securities previously authorized to be purchased from the
Federal Emergency Administration of Public Works, and canceled
$4,222,961.72 (face amount) of authorizations to purchase such
securities, made during prior quarters.
From June 19, 1934, to June 30, 1938, inclusive, the Corporation
purchased from the Federal Emergency Administration of Public
Works securities having a par value of $611,060,556.71. Of this
amount, securities having. a par value of $415,244,629.22 were sold
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REPORT OF RECONSTRUCTION FINANCE CORPORATION
5
at a premium of $12,326,329.46 (including securities having a. par
value of $61,047,949.30 sold to issuers prior to maturity at a premium
of $326,770.64). Securities having a par value of $19,682,852.32
purchased from the Federal Emergency Administration of Public
Works were subsequently collected at maturity, and securities having
a par value of $176,133,075.17 were held at the close of business June
30, 1938. 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 $80,176,867.99 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 apfroved
June 27, 1934, the Corporation during the second quarter o 1938,
paid $3,000,000 to the Federal Housing Administrator. This made a
total of $61,521,074.55 so paid through June 30, 1938.
NO'IES OF THE RECONSTRUCTION FINANCE CORPORATION
During the second quarter of 1938, the Corporation:
Authorized the issuance of $1,500,000,000 series M notes for the
purpose of retiring the outstanding $990,828,666.28 of series L notes,
and for additional amounts to be borrowed by the Corporation.
Sold $1,026,000 series K notes; $40,000,000 series L--4 notes; and
$36,000,000 series M-2 notes. The Corporation exchanged $990,828,666.28 of series L notes for a like amount of series M notes, and
canceled the authority to issue the unissued balance of the series L
notes. Redeemed its series M-1 note to the extent <,{ $64,000,000;
and redeemed and canceled $97,000,000 series M-2 notes. In addition, pursuant to the provisions of the Act approved February 24, 1938,
the Secretary of the Treasury canceled the Corporation's series L--2
note to the extent of $1,020,000, and its series M-1 note to the extent
of $2;136,500, such amounts being equal to disbursements by the
Corporation during the second quarter of 1938, for allocations to other
governmental agencies.
As of June 30, 1938, there were outstanding $1,162,564,832.95 of
the Corporation's notes, as follows:
Series K___________________________________ $298,872,666.67
Series M-L _ __ ____________________________ 849, 692, 166. 28
Series M-2________________________________
14,000,000.00
TotaL _ _ _ _ _____ ___________ __ ________ 1, 162, 564, 832. 95
TABLES
The following tables are attached:
Table 1. Aggregate loan and other authorizations, purchases of securities from
Public Works Admin_istration, and allocations to other governmental agencies,
by classes, from February 2, 1932, to June 30, 1938, inclusive, and commitments outstanding, by classes, as of June 30, 1938.
Table 2. Aggregate loan and other authorizations, by classes, during the second
quarter of 1938.
Table 3. Number of authorizations, and number of new borrowers, etc., to which
authorizations were made, by States, during the second quarter of 1938.
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REPORT OF RECONSTRUCTION FINANCE CORPORATION
Table 4. Number of authorizations and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, disb111Sements, and amount outstanding, from February 2, 1932, to June 30, 1938,
inclusive, by States.
Table 5. Loan and other authorizations, by character of loans, etc., from Feburary 2, 1932, to June 30, 1938, inclusive.
Table 6. Amount of authorizations, disbursements, repayments, and other reductions, and- amounts outstanding from February 2, 1932, to June 30, 1938, inclusive, by classes and months.
Table 7. Loans to aid in the reorganization or liquidation of closed banks and
trust companies from February 2, 1932, to June 30, 1938, inclusive, by States
(includes loans to receivers, liquidating agents, .and conservators, and loans
through mortgage loan companies to aid in the reorganization or liquidation of
closed banks, under section 5 of the Reconstruction Finance Corporation Act,
as amended; and loans on the assets of closed banks and trust companies under
section 5e of the Reconstruction Finance Corporation Act, as amended).
Table 8. Loans on and purchases of preferred stock, and purchases of capital notes '
or debentures, of banks and trust companies, disbursed from March 9, 1933, to
June 30, 1938, inclusive; and outstanding as of June 30, 1938 (under section 304,
title III, of the act approved March 9, 1933, as amended).
Table 9. Loans authorized (and commitments outstanding as of June 30, 1938)
to business enterprises, from February 2, 1932, to June 30, 1938, inclus;ve, by
size of loans (includes loans and participations, and commitments outstanding, under section 5d of the Reconstruction Finance Corporation Act, as
amended; loans to borrowers engaged in the fishing industry under section 5 of
the Reconstruction Finance Corporation Act, as amended; and loans to business
enterprises through banks and mortgage loan companies under section 5 of the
Reconstruction Finance Corporation Act, as amended).
Table 10. Number of business borrowers to which authorizations were made: and
amounts authorized, etc., from February 2, 1932, to June 30, 1938, inclusive,
by industries (includes loans and participations, and commitments outstanding,
under section 5d of the Reconstruction Finance Corporation Act, as amended;
loans to borrowers engaged in the fishing industry under section 5 of the Reconstruction Finance Corporation Act, as amended; and loans to business enterpr'ses through banks and mortgage loan companies under section 5 of the Reconstruction Finance Corporation Act, as amended).
Table 11. Loans on self-liquidating projects, by types of project (under section
201 (a), title II, of the Emergency Relief and Construction Act of 1932, M
amended) from February 2, 1932, to June 30, 1938, inclusive.
Table 12. Number of borrowers and amounts of loans authorized under section 5
of the Reconstruction Finance Corporation Act, as amended, from February
2, 1932, to June 30, 1938, inclusive, by size of cities or towns.
Table 13. Names and compensation of directors, officers, and employees of the
Reconstruction Finance Corporation receiving from the Corporation more than
$400 per month, as of June 30, 1938.
Table 14. Statement of cash receipts and expenditures during the second quarter,
April 1, 1938, to June 30, 1938, inclusive (Corporation's accounts with Treasurer
of United States).
Table 15. Statement of cash receipts and expenditures January 1, 1938, to June
30, 1938, inclusive (Corporation's accounts with Treasurer of United States).
Table 16. Statement of condition as of the close of business, June 30, 1938.
Respectfully,
JESSE H. JoNES, Chairman.
GEORGE R. CooKSEY, Secretary.
The
The
PRESIDENT OF THE SENATE.
SPEAKER OF THE HousE OF REPRESENTATIVES.
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--.,.,, ~.,~.~ wun .,,.., umer aumoria:ationa, purchases of securities from Public Works Administration, and allocationa to other (101/ernmental agencies, by classes, from Feb. 2, 1832, to June 30, 1838, inclusive, and commitments outstanding, by classes, as of June so, 1988
- - - - - - -·
PART I. LOAN AND OTHER AUTHORIZATIONS
Withdrawals or
cancelations
Authorizations
Loans nuder sec. 5 of the Reconstruction Finance Corporation .A.ct, as amended:
Banks and trust companies :
Receivers, liquidating agents and conservators.••••....•.....•...... ..
Others'····· · ·· ........ .... . ..•.....•....... •............ •............
$1. 187. 610. 924. 91
1, 334,_713,153. 65
I
D isbursements
Repayments and
other reductions I
IOutstanding
as of
June 30, 1938
Total, building and loan associations .••....•• . ••........•...••.•....
$860, 220, 815. 21
1,138,191,998.12
$298, 206, 509. 45
196,355, J28. 98
$806, 204, 204. 78
1, 055, 344, 695. 86
$54,016,610.43
82,847, 302..26
t-------l-------lf-------1-------1-------
Mortgage loan companies:
To aid in the reorganization or liquidation of closed banks .•..........
To business enterprises ...................•....•......................
To The RFC Mortgage Co•..•... • . ..........•........................
Others
0
cg:
;;a·
(1)
Q_
~
CJ
0
~
~
148,445,199.40
29, 025, 680. 11
118, 109, 658. 11
115,800,042.50
2,309,615.61
18, 229, 602. 76
10, 720, 439. 85
101,154,845.82
5,701,835. 15
79, 171, 156. 61
236, 202, 774. 36
80, 145,373.04
4,330,079.51
64, 160, 556. 27
175,226,871.86
21,009,472. 78
1,371,755.64
15,010, 600. 34
60,975,902. 50
~
8z
!7J
~
104,039, 750. 19
119,474, 123. 58
16, 422, 275. 00
85, 021, 636. 82
340, 398, 223. 49
-------------------102,051, 777. 71
I
1
I
28, 965, 960. 00
662, 458, 335. 00
691,424,295. oo I
Total, railroads ..............•. . ..............•..•.................. ========
844,791.00
105, 548, 764. 89
106, 393, 555. 89
I
28, 121, 169. 00
550, 059, 570. 11
578, 180, 739. 11
2,720,062. 20
181,761,966.31
26,089.27 I
11,371. 21
14,718.06
25, 401, 106. 80
368, 297, 603. 80
1-----184,482,028. 51
393, 698, 710. 60
110
Processors, or distributors subject to processing taxes .....•........ •..•....
~
..,,
I
87, 162, 758. 18
90, 693, 209. 81
3, 530, 451. 63
13,331,441. 86
IIl======i======i--~
l=======~======l======l======I===== ....
I
422, 230, 611. 94 =========!========
323, 862, 880. 68
98,367,731.26
561, 316, 258. 89
131, 001, 820. 32
Total, mortgage loan companies ...• ....... .................... ...... l========l========!========
476,918.21
123,177.58
Credit unions . ................••. . ••..............•..•.................. ..
600,095. 79
642, 967.80
42,872.01
5,017,276.51
Federal land banks ..•.........•.........•............................••..
' 382, 218, 723. 49
12, 400, 000. 00
' 387,236,000. 00
' 399, 636, 000. 00
21, 418,889.05
16,323,049. 74
5,095,839.31
Joint-stock land banks ................................. . ................. .
28,471,572.68
5,815,0 14.34
9,250,000. 00 ------------- -----Federal intermediate er.edit banks ...........•......•.•.. ... ••.••.........
9, 250, 000. 00
9, 250, 000. 00 ------------------5,558,631. 11
Agricultural credit corporations ... . ........................ . ............. .
5,643,6 18. 22
84,987.11
6, 120,867.59
477,249.37
173, 243, 640. 72 ------------- -----Regional agricultural credit corporations.........•........................
173, 243, 640. 72
178, 840, 452. 48
5,596, 811. 76
12,971,598.69 I=======
14, 51 ·,
I. 327.
12, 971, 598. 69 I
1,539, 729. 19 I
Livestock credit corpor ations ....................•...............•........
· - - 88
·· I
------------------ Railroads:
Receivers and trustees ..••.....•. •.•.•.....................•. ........ .
Others...........•........ ... ..........................•... ........•••
0
0
136, 863, 912. 69
2, 522, 324, 078. 56
494, 561,638. 43
l, 998, 4l2, 813. 33
1,861,548,900.64
Total, banks and tr ust companies '·················· ···············l=======l=======il======='l =======I=======
Building and loan associations:
2, 816, 900. 46
2,061, 579. 72
755,820. 74
Receivers ........................•.....•...•••.•.•......••••........•.
25, 141,957.84
21,640,057.38
113,
1, 554,
87
56 l - - -7,385,
73l - - 115,292,757.65
Others . .....•. .. •.......••.............•...•.. .......... ..... ..••..... l - -123,
- 303,
- -241.
--622.
------1--738,
- -462.
- 78
-f--- -294.
--
Insurance companies .••... . ..•...•.....••...•..........••..•.....•...•..•.
;
~
::s
I
a
I
....
~
14,718.06 .•
See footnotes at end of table.
--t
1.-Aggregau loan and other authorizations, purchases of securities from Public Works Administration, and allocations to other governmental agencies, by classes, from Feb. S, 1932, to June 30, 1938, inclusive, and commitments outstanding, by classes, as of June 30,
1938-Continued
TABL~
PART I. LOAN AND OTHER AUTHORIZATIONS-Continued
Authorizations
Withdrawals or
cancelations
Disbursements
Repayments and
other reductions 1
Outstanding as of
June 30, 1938
00
:
'tl
0
::,:,
~
Loans under sec. 5 of the Reconstruction Finance Corporation Act, as amendedContinued.
State
fund
s created
for the purpose
of insuring
of .deposits
of
public
moneys
_______________
_____________
_____repayment
_________ ____
__ ___ ______
0
(1)
Q_
~
CJ
0
~
~
"'.I
Borrowers engaged in the fishing industry_--------------- ----------------
$13,087,715.88
809,700.00
$23,084. 70
79,900.00
$13,064,631. 18
719,675.00
$13, 064, 631. 18
244,359. 42
-----------------$475,315.58
Total,
sec. 5_________________________________________
of the Reconstruction Finance Corporation
Act, as
_____________
. __
amended_
4,678,946,275.62
800, 300, 169. 19
3,831,789,899.01
3, 186, 222, 881. 13
645,567,017.88
Subscriptions for stock of mortgage loan companies under sec. 5c of the Reconstruction
Finance
Corporation
Act, as amended:
The RFC
Mortgage
Co __________________________________________________
cg:N.
0
Federal National Mortgage Association ____ _______________________________
Others _______________ __ ___________________________________________________
25,000,000. 00
11,000,000.00
1,250,000.00
Total, sec. 5c of the Reconstruction Finance Corporation Act, as amended.
37,250,000.00
1,250,000. 00
Authorizations under sec. 5d of the Reconstruction Finance Corporation Act,
as amended:
Authorizations
to business ______________________________________________
enterprises:
__
Loans _________________
Purchases of participations ___________________ _______ _____________ _____
Agreements to purchase participations _____________ ___________________
170, 143,141. 10
16, 744,064. 16
16,091,376.43
47,722,613.10
5,474,049. 15
4, 506, 189. 86
Total, authorizations to business enterprises under sec. 5d of the Reconstruction Finance Corporation Act, as amended _______________
Loans to public bodies under sec. 5d of the Reconstruction Finance Corporation Act, as amended __ ------------------------------------------- -Total,
sec. ______
5d of____
the________
Reconstruction
Finance Corporation Act, as
amended
___ __ ___________________________________
Loans on the assets of closed banks and trust companies under sec. 5e of the
Reconstruction Finance Corporation Act, as amended ______________________
Authorizations under the Emergency Relief and Construction Act of 1932, as
amended:
Loans on self-liquidating projects, sec. 201 (a~ title IL ____________________
Loans lor financing repair or damage by eart quake, tire, tornado, or cyclone In 1933, sec. 201 (11) (6), title II. ___ ________ ___ ______________________
Loans (or f)n11ncln11 exports or ngrlculturaJ surpluses, soc. 201 (c), title n __
-------------------------------------1,250,000.00
25, 000, 000. 00
---- --- ------------11,000,000.00
------------- ·------------- - - -------- -------------------- ------------------36,000,000. 00 -- ---- -- ------ -- ---36,000, 000. 00
25,000,000. 00
11,000,000.00
97,114,774.60
8,544,413. 72
510,802.14
26, 363, 433. 75
3, 386, 569. 98
48,020.19
70,751,340.85
5, 157, 84.3. 74
462. 781. 95
:
0
0
z
'(fl
~
~
....
0
z
...."'.I
~
0
t,,.l
202, 978, 581. 69
12, 130, 500. 00
57, 702, 852. 11
106, 169, 990. 46
29, 798, 023. 92
76, 371, 966. 54
-------------------- -- -- -- ---------- ---- -------------------- ------ ---- ---------
215, 109,081. 69
57, 702, 852. 11
106, 169, 900. 46
29, 798, 023. 92
76,371,966.54
18, 588, 188. 25
1,382,291.35
15, 685, 640. 27
12, 153,382. 43
3,532,257.84
399,967,487. 36
31, 603, 243. 14
302,717,389.46
63, 407, 530. 63
239, 309, 858, 83
10, 450, 232. 20
113, 370, 955. 22
1,921, 124. 10
33,146,368.66
8, 529, 108. 10
20, 224, 686. 66
4,707, 4IO. 15
20,177,690.07
3,821,697.05
46,806.09
0
0
~
!
....
~
~u: .f1f
Doan o rog
Of
agrfcu.Jturol com.modffles nud Uvostock sec. 201 (d) , .
8ti:::od.lty CredJt OorpomtJo_~ ::: --- ---- ---- - ----- ------------- ----
1. 604, 712, 664. 00
86, 061,613.08
• · - -· - •
_,.
666, 678, 346. 46
66, 367, 021. 30
633,045,367.76
I
l
-----~-
I
767,716,002.21
19, 604, 4.91. 78
767,716,902.21
18, 605, 643. 20
787, 221, 453. 99
786, 322, 505. 41
898, 94.8 . 68
--- -
898,948. SS
Total, sec. 201 (d), tltle IL ••..••........••..................••...• • .
Amounts made available for relief and work rellef, sec. 1, title I. ..........
I, 690, n4, 178. 07
300, 000, 000. 00
16,001.00
290, 984, 990. 00
• 290, 084, 990. 00
-------- ----- -- ----
Total, Emergency Relief and Construction Act of 1932, as amended .
2, 454, 562, 852. 85
699, 731,104. 66
I, 418, 677,637. 21
l, 174,600, 136. 86
244 , 077,401.35
~
0
A utborlzations under sec. 304, title III, or the act approved Mar. 9 1933 as
'
'
amended:
Loans !)D preferred stock or hanks and trust companJes..•... ---···-·-···-Subscriptions for_preferred stock or banks and trust companies. __... __ .. __
Purchases or capital notes or debentures of banks and trust companies_- ··
Total, sec. 304, title UI, of the act approved Mar. 9, 1933, as amended __
Loans under sec. 5, title I, or the Agricultural Adjustment Act of 1933, as
amended_. ___ -· ··_._-· -• -· -____ ___ -· _-· ___ -- -· -· -· -- -·· - --.•. _. --.•• -· -• -• ·l'.utborizations under sec. 1 of the act approved June 10, 1933, as amended :
Loans on preferred stock or insurance companies_.-·-_-· __ -·----··--· -· --Subscript10n for preferred stock of an insurance company.. ·- ---- ------- -Total, sec. 1 or the act approved June 10, 1933, as amended __ _· ······- - --
0
~:;;a·
(1)
Q_
~
CJ
0
~
~
Loans to or for the benefit of drainage, levee, irrigation, and similar districts
under sec. 36, title II, or the Emergency Farm Mortgage Act or 1933, as
amended_ .. -·-· -• -····· . . -· -- --· -- --- -· -- --· · -· ·- -- -- -- -- -·- -•• -• -· -•.. -•·Loans to finance the repair or damage by earthquake, flood, or other catastrophe
in 1933, 1934, 1935, 1036, under the act approved Apr. 13, 1934, as amended:
To business enterprises_ .. ----····-···-·----- -·-· ·-··-- --·--·--·--·- --· - __
To others . . . . • _._ •• _-·._ .. -·_._._-··._ •. -· __ ___ -· _______ · --·_. _. __ .. __ ... _
Total, act appro ved Apr. 13, 1934, as amended.······· ····-·-·-------- --
23,274,755.00
839, 593,484.00
433, 461, 350. 00
1, 296, 329, 589. 00
5, 126, 025. 00
73, 816, 027. 44
00, 549, 500. 00
169, 491,552. 44
18, 148, 730. 00
738, 159, 856. 66
341,176,350.00
1, 097,484,936. 66
533,726,617.65
10, 096, 852. 50
419,366,067.59
134, 295. 398. 82
663, 758, 318. 91
23, 500, 000. 00
20, 200, 000. 00
3, 300, 000. 00
3, 300, 000. 00
----- --------------
8,051,877.50
318, 793, 788. 97
206, 880, 951. 18
34,275, 000.00
100,000. 00
34,375, 000.00
--- ---- -- -- ----- ------------------------ ---- --------------
34, 275, 000. 00
100,000. 00
34,375,000. 00
7, 061, 786. 51
27,213, 213.49
100,000.00
'n, 313, 213. 49
2, 536, 253. 05
79, 405, 834. 18
7,061,786. 51
----- ---------------
139, 867, 168. 08
19,480, 795. 72
81,942.087. 23
1, 711,962. 75
891 , 372. 75
2,667, 074. 47
3,458,447.22
187, 654.61
I, 322,517. 04
1, 510,171.65
703, 718. 14
1,244,557.43
I, 948,275.57
5, 734, 288. 75
Loans to borrowers engaged in the mining, milling, or smelting of ores, under
sec. 14 or the act approved June 19, 1934, as amended·--·--·-·----·---·---- --
12, 150, 500. 00
7,155,000. 00
3, 700, 500. 00
I, 037, 251. 64
2, 753, 248. 36
Loan to a public-school authority for payment of teachers' salaries due prior to
June 1 1934, under sec. 16 or the act approved June 19, 1934, as amended ___ ___
22, 500, 000. 00
200, 000. 00
22, 300, 000. 00
22, 300, 000. 00
---------------- ---
2, 006, 800. 00
543,800.00
150, 000.00
4, 022, 326. 00
1936--- -·--· - ------- --· ------- - ---·---·-·-·---··------·-·-· -·----------- - --··
46, 500, 000. 00
Grand total, Part I (loan and other autborizationsl-- --·----·---- -·-··-
8,987,419,744.24
See footnotes at end of table.
"'.l
~
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0
2!
Yl
820,590. 00
1,397,751.53
2,218,341.53
Loans to or for the benefit of tax-supported public-school districts, or other
similar public-school authorities in charge or public schools, u nder the act
approved Aug. 24, 1935·- -· --------- --- -·-·· ·---···--·--·-·----··---·-----·-Loan to Rural Electrification Administration, under the act approved May 20,
~
'tl
--- --- --- ----------1, 779, 655, 906. 90
--------------------
150, 000. 00
46, 500, 000. 00
2,425. 46
46, 497, 574. 54
6,701,624, 037.96
• 4,974,248, 929.30
1, 727, 375, 108. 66
I...
~
~
2!
i
g
~
~...
~
co
....
1.--Aggregate loan and other authorizations, purchases of securities from Public Works Administration, and allocations to other goo- 0
ernmental agencies, by classes, from Feb. £, 1932, to June 30, 1938, inclusive, and commitments outstanding, by classes, as of June 30,
TABLE
1938-Continued
PART II. PURCHASES OF SECURITIES FROM PUBLIC WORKS ADMINISTRATION
Grand total, Part II. ..................... ...................... ... ............
Amount of pur• Amount withdrawn Amount dishuraed
(purchased)
or canceled
chases authorized
Amount repaid
(sold or matured)
$579, 152, 548. 01
$434, 004, CJl!II. 113
$661, 753, 128. lf1
$5, 70fl, 000. 00
Amonntont•
stand Ing as of
lune 30, 1938
$145,148, «s. 08
(1)
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0
~
~
Allocations:
Secretary of Agriculture for crop loans . • . •.•............•••.•..•..••..• _.••. •••.•.••••..•.•••••••••••••...••••....... ••.•.••••••••.••.•
~~ ~.
cii~~~~,:~~a1:re i~l!1~1r~~tii~.".°~~~~~~.<~~~.~~~~~~~.~.~~~.~~~~.~~~~ ~".1!:.~~~~~.~~.~~~.~~~~~~t.~~~
to Secretary of Jgriculture) ••• . ••••.•••••••••••
1
1
1
Governor of Farm Credit Administration ·(reallocated from amount originally allocated
.-
Total originally allocated to Secretary of Agriculture for crop loans••..•••••.•••••.•.•••••••••••••.• : . . .••••.•.•.•••••••••••••••••••••
Regional agriculture.I credit corporations for expenses prior to May Zl, 1933•.••••.••...•.••••.••••.•••.•..•••••..•.•.•• •• •••••••.•••.•.•
Regional agriculture.I credit corporations for expenses since May 26, 1933 ••.•• •••••.••.••••••.••.•.•••.• . ••••.••.•.•.••••••••.••.•••••••
Secretary of the Treaaury topsy for capital of Federal home loan banks ••••••••••.•••••••.••••••.•••••••••••••..•.• ••. •••••••••••••••.•
Land bank oommlsaloner to make loans to Joint-stock land ba,nks~ ............................................ ........... ............. .
Land bank oommlssloner to make loans to farmers ($200,000,000 original allocation reduced by reallocation to Federal Farm M0n1aae
Corporation) ••••.•• •.••.•.•••••.••• ••••.•••.•.••••••••.••••••••••.•••.•...•.• ••..• •.•.•.•••...•••••••...•.•.•.•••••••••••••.• ...•••.•
Federal Fa.rm Mortgage Corporation to make loans to f11-nners (reallocated l'rom $~,000,000 orlgiDally allOC8ted to land bank 1'01D.1Dlasloner) ••.••••••••.•••••••.••.••.•••••. • ·•.•.•.•••••.• ·••••• ••••••..••.• •••• •••••••••• •••••••••• •·················· ••••••••••••• •• ••· •
8eGretarY of the Treasury to pay for oapltil of Home 011JD81:8' Loan Corporation •••••••••••••••••. •••••• , .•••••••••••••••••••••••••••••
Federal llouslng AdmlnJl&rator (amOUDt ltated Is am01111.t dlabuned; total allocation not llmlte4 to speolfle IIUIOUDt) • • ••••••••••••••••
them==;
I Amount disbnraed
Sm, 000, 000. oo
$115, 000, 000. 00
«. 500, 000. 00
40, 500, 00.0,00
«. 1>00, 000. 00
3, 108, 278. 64
14, 211, $)0. 00
124, 74l, ~- 00
100, 000, 000. 00
3, 108, 278. 64
13, OIM, 762. 92
124, 741, 000. 00
1 2, 600, 000. 00
146, 000, 000. 00
145, 000, 000. 00
65. 000. 000. oo
115, 000, 000. 00
~. 000, 000. 00
61, 621,074. 65
VI, 000, 000. 00
~ooo,:m.oo
61, 621, 4. 115
'IT, 000, ~- 00
10, 000, 000. 00
Loan Corpo11tlol up to but not el088dln1 $20,000.000) •............... - .......; ..•....•.....................•
1------1·
.
Total to other governmental a&encles by direction of Congress............... . ............................................ .........
For direct relief under Federal Emer1enoy Relief Aot ol 1g33•• •• •••••••••••••••••••••••••••••••••••••.•.•.•• •••••.•••••• •••••••••.•.•••
For direct relief undor Emergency Appropriation A.ct, IIAcal year 11136...•••••. •••. •.•••••••.•.•••••••••.•••...•...•.•.•••••••• •.•••••.•
to, 500, 000. 00
11-- - - - - - - - - - - - ~. 000, 000. 00
~ . 000, 000. 00
~~~t~~~~=~~oiiiii~~·iiiiiiioiii ii.cii.1iuiieci;iiiecori>oi:ii,1iii iiieiriiired"ioiimoiii..itoot"uiN iii.
l'lqU8lt of
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Amount allocated
0
0
~
PART III. ALLOCATIONS TO OTHER GOVERNMENTAL AGENCIES
cg:N.
:
~
I
1. 010. 581. s.tug !_
1~
oo l
roo. coo, ooo.
ooo. 00
600, 000,
10, 000, 000. 00
g12, 066, 106. 11
I 499, 997, 748. 11
600, 000, 000. 00
0
2l
~
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~
~
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z
---~·.•.-; '.\\~·, ~~,, ~·~·.\\:;\ '.t·i : :\ : : ~ ?'.",•.-:~:::
. ;:,;;; """ '" ,;
.·:.•,.~!"·.·.:.•·;..: ....-;:::·. .-•. \ ~:.· •.:::·. ,,_._._., . ·: ,.!.";.•;• •..
For dJrect relie f under Emergency Relfef ApproprlatJon Act, 193lL----·---------------------------------------------------··--- -·-- - --·
,~~
I
&00, 000, 000. 00
&oo, 000, 000. 00
1, l500, 000, 000. 00
• 1,499, 997,748. 11
Total allocations to other governmental agencies and for direct relief. ..••••••....•.•. ••••••••••••••••••••••••••••••••••••••••••••••• ,
Admlnilltratlve expense-Regional agricultural credit corporations . ..••••••••.••••••. .••• • ·.•••• ·•••••·•········ •••••••• ••••·•••·•·•••• •••• •
Administrative expense-Under sec. 1,_title I, of the Emergency Reller BDd Oonstructlon Act or 1932, as amended.............. .. .... ......
Interest on notes Issued for fonds !or 81JOCBtions BDd relief advBDces. •.•••.• •. ••••• •••••••••• •••••••••••.•.•••.•.•.•••••••.•••••••.•••••••••
2, &10, &81, 863.19
114,921.13
128. 871. 85
33,177,419. 82
2,412,062,864.22
114,921.13
126,871. 85
33,177, 4111. si
Grand total, Part III (allocations to other governmental agencies) ••.••.•••• _................ . ..... ........ ......................... .
2, M4, 001,065. 99
2,445,482,067. 02
Total allocations for direct rellef by direction or Congress.. ............................... ................................... . . .......
1
[CondltioOBI ~ments to make loans, or other authorlaatlons, upon the pertormanoe of speclfted conditions]
Amount of
eommUment,
Under sec. ft or the Reconstruction Finance Corporatfun Act, u amended:
Bank and trust company.......................... ........................................... ..... ........................... .......................................
Mortgage loBD companies:
The RFC Mortgage Co .••••••••••.••.•••••••••••••••••••••.••....••••••••••••••••.•••••••••••.....•......•••• ••••••••••••..•••.••.•• . .. . •••••...•••••.•••••••••
Others. • • • • • •• • . • • • • •• •• . • . . . . •. . . • • . • • • • • •• • • • • • • • • . . • . . • •. • . •. • • . . • • • ••••••••.•..••• •• •..•...••.•••••.•••••••••••••••.•...•.•••••••..•••••....•.•••••••••..••
Railroads • •...•. ••••.....••................•••• •.••..•......•.........•••..•••••..•.... ••••••• •....••...•••..•..•••••.•.• . . . ....••••••• •......••....•.......•.....•
Under sec. &d of the Reconstruction Finance Corporation Act, as amended:
Loans to business enterprises •......... •• •.•••.•.•• •••• •••••..•......••••••.•..••..••. .•••••• ••••.•.••....... ••••.• ••••••.• •••..•••••••••••••.• ••.•..•• ••••......••.•
1
outltandln,
Lo811S on the assets or closed banks and trust companies under sec. lie of the Reconstruction Finance Corporation Act, as amended. •••••••••••••.•.•• • .•. ••..••••..•.•.•
Under sec. 304, title III, of the act approved Mar. 9, 1933, as amended:
m,ooo
.~~:~r~sl! ~°:~~tl~1luns:i::'o1o~=-enterprlse:::::::::::::::::::::::::::::::::::::::::::::-;_::::::::::::::::::::::::::::::::::::::::::::::
5E;1~¥iE1~flJft;?t~~Jt~~~~:~~!~=========================================================================:::::::======================
Under the Emergency Farm Mortgage Act of 1933, as amended (loans to drainage or Irrigation districts)...... .............. ..... ...... ....... .... . . ....................
Under the act approved Apr. 13, 1934, as amended 0080 for repair of property damaged by flood or other catastrophe)......................... . .... .....................
cg:
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0
~
-
0
~
0....,
PART IV. COMMITMENTS OUTSTANDING AB OF JUNE 30, 1938
0
~
t;cJ
>ti
$148,800
75,000,000
8,600,000
:
a
0
z
1:-Jl
~
c::
M,670,076
a
34,301,000
3,356,000
16,000
2,116,000
0
~i:!$!
2.
1,600,000
600,000
Grand total, Part IV (commitments outstanding as of lune 30, 1938) ••.••••..••••.•••••••••••••••••••••••.•••••••••••••••••••••..••••••••••••.•••••.•••••••• ••••••• 184,471,876
See footnotes at end of table,
....1-,3
z
....,
....
z
>
z
a
t;cJ
a
0
~
,.,,
0
~....
~
(v
1--'
1--'
1.-Afgregate loan and other authorizations, purchases of securities from Public Works Administration, and allocations to other gov- """'
ernmenta agencies, by classes, from Feb. 2, 1932, to June 30, 1938, inclusive, and commitments outstanding, by classes, as of June 30, ~
1938-Continued
TABLE
SUMMARY OF TABLE 1
~
Amount or author•
izations, allocations, and commit•
ments outstanding
Amount of with•
drawals or canoelatlons
Amount of disbursements
Part I . Loan and other authorizations .. . ... . ..•••••••• • . ••• .. ..... .. .. . .... . .
Part II. Purchues or securities from Public Works Administration ........•..
Part"III. Allocations to other governmental agencies . ••• ••..... . .............
$8,987.419, 744. 24
661, 753, 126. 67
2, 544, 001,065. 99
$1, 779, 655, 906. 90
5, 706, 000. 00
97,400, 000. 00
$6,701,624,037. 96
579, 152, 548. 01
t 2, 445, 4~2. 067. 02
• $4, 974, 248, 929. 30
434, 004, 099. 93
IO 2, 445, 48~. 067. 02
Total ••• •••..........•....•...••••••.•.•..•••••••••••••••••••.••.•.•..••
Part IV. Commitments outstanding••••••.•...... ••••••..• . .... -••• -. ---.....
12, 193, 173, 936. 90
184, 471,876. 00
1, 882, 761, 906. 90
9, 726, 258, 652. 99
7, 853, 735, 096. 25
Grand total .............................................................
12,377, M5, 812. 90
1, 882, 761, 906. 90
9, 726, 258, 652. 99
7, 853, 735, 096. 25
Amount or repay•
ments and other
reductions •
------ -------------- -------- --- --- ----- - -- --- ---------------
Amount out•
standing as or
June 30, 1938
(1)
0.
~
CJ
0
~
r -)
$1, 7Zl, 375, 108. 66
145,148, 448. 08
------- ------------
1, 872, 523, 556. 74
-------------------
1,872,523,556. 74
NOTES
• Exclusive or repayments unallocated, pending advices, as or June 30, 1938.
• Includes $167,500 authorized through banks and trust companies to business enterprises, of which $52,838.65 was withdrawn or canceled, and $114,661.35 was disbursed and repaid.
• Includes $193,618,000 representing refinancing of loans previously made by the Corporation to Federal land banks for different individual amounts but in the same aggregate
amount.
• Includes $17,159,232.30 representh>g repaYlJlents and other reductions by States and political subdivisions; and $282,825,766.70 representing cancelation of the Corporation's notes,
punuant to ·the provisions of the act avProved Feb. 24, 1938, equivalent to the balance of the amounts disbursed.
• Of this amount, $282,825,766.70 represents cancelation of the Corporation's notes, _pursuant to the provisions of the act approved Feb. 24, 1938, equivalent to the balanoo of the
amounts disbursed for relief and work relief under tit!& I of the Emergency Relief and C.ollstruction Act of 1932, as amended .
• The remaining $97,400,000, authorized to t!le Land Bank Commission& to make loans to Joint-stock land banks, was canceled.
, Upon certillcatlon by the Federal Emergimcy Relief Administrator, und&r the Federal Emergency Relief Act or 1933, the Corporation disbursed $499,650,000 for relief, and
$34,7,7"8.11 to the Administrator f o r e ~ neile&sary to carry out the provisions or the above act, making a total of $499,997.748.11 so disbursed.
• E:rclnslve of amounts made available for'Nllef and work relief under the Emergency Reller and Construction Act of 1932, as amended. These amounts are shown in Part I
above.
.
"C
0
::I:!
8
0
cg:N.
tz:l
• Includes $39,000,000 allocated for revolving fund (capital of regional agricultural credit corporations).
11 Of this amount, $2,408,482,067.02 represents cancelatlon of the Corporation's notes, pursuant to ,he provisions of the act approved Feb. 24, 1938, equivalent to the balance of
the amount disbursed for allocations to other governmental agencies and for relief by direction of Ce,ngress and the interest paid thereon. The remaining $37,000,01) is held by the
Corporation In a revolving fund (capital of regional agricultural credit oorporations) pursuant to sec. 84 of the Farm Credit Act of 1933, as amended. An additional $2,500,000 of the
foresolng revolvlna: fund Iii held by the United -States Treasury, auoh amount havllll( been paid suboequent t, the cancelatlon of tb.e Oorporatlon's notes.
0
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r/2
~
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.....
z
~
a
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a
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~
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~
~
•~•-·.-:. ·.:.: ::·.~-.·~-.--.~-.;: ;.·~-;,·.~:~·:; \ .;:-:=-.~: \'::":..:-:: ::..-:-~·1 •.•:-::- ~ ·.-·:r::·::~::.:.::::.:'! ·_:;_:.·.-.~:::·.•:~:·.: ~-::;;_· ::•.'·:": i: -.-.:.:; ';:'.•:-:::::-::
TABLE
·. .-:-::• ·( ::.:.·.•.·:·::":.~ ::.- ··· · · · .... •· ..... · · -
2.-Aggregate loan and other authorizations, by classes, during the second quarter of 1938
01858
Authorizations
Withdrawals or
cancelatlons 1
Disbursements
Repayments and
1
other reduc-
tions••
Outstanding-
Decrease ror the
quarter 1
~
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Loans under sec. 5 of the ReC<?nst~uctio~ Finance Corporation Act, as amended:
Banks and trust comparues (mcludmg receivers, liquidating a~ents, and conserva•
$20,381,990.52
$7,298,443. 38
tors) . .•.. di··· ······ i ·ii ···"(··ci"·d:············································· 1 '$10,164,926. 76
Building an oa1:,ii::;.soc a ons 10 u mg receivers). ................................
601, 5CO. 00
30, OCO. 00
174,905. 72
Insurance 1com~~mpanles·······--······· ·· ··· ········ ··•··•·•••····················
1,032,891.91 ..................
I, 017, i93. 39
Mort gage. oan
·•·········•·
........•••...••...••.•••••••••••••••
7,914,009.00
685 491. 55
10,799,316 03
1
Cred 1~ UDJOD~ .............................................. ....................... . ·················· •• ·••·············
····•········•····
Federal land banks .•. ..•.. •.•......•..•.............. .......................••...................... . •· ··········•····· ··••··· ······· ····
Joint•stock land banks.. .............................. .. .... . ....... . ...... . ........
575,000.00
53,063.04
I, 388,037. 75
Agricultural credit corporations..................•. ....... .... ....... ......•...... .. ..• ... ......... .....•........ .•... . . ••...... ......... .
Railroads (including receivers and trustees). . ............ ... ......... ........... ....
34,371,500.00 ..•..•......... ...
'1:7, 521,500.00
300. 00
Borrowers engaged in tbe fishing industry.... ....................... . .............. .................. •.....•...........
Total, sec. 5 ol tbe Reconstruction Finance Corporation Act, as amended •.... ····\
Autborizations under sec. 5d of t he Reconstruction Finance Corporation Act, as amended:
Authorizations to business enterprises:
Loans••.... .......•.•... ........ ......... ..... .................... •.. . .••. ·••····
Purchases ol participations and agreements to purchase participations ...• ......
T o taI, authorizations to business enterprises under sec. 5d of the Reconstruction Finance Corporation Act, as amended . .... ......... .. ....•• ····-·····•·
Loans to public bodies under sec. 5d ol the Reconstruction Finance Corporation Act,
as amended •. ......•........ ....................................••••..............
0
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54,660, 7'1:7. 67 \
21,150.545. II \
25, 157,750.00
9, 9C9, 217. 70
953. 981. 45
350,600.87
35,126,967. 70
I, 304, 582. 32
1-------
I
I
48,200,296.27
0
$14, 108, 8J2. 64
$6, 810, 369. 26
12,941.56
187,847.28
• 970,214.18
47,579.21
28,478,401.68
39,277,717. 71
18,585.00
18,585.00
2,492,642.70
2,492,642. 70
• I, 197,227.17
190,810.58
325. 50
325. 50
2, 254, 161. 57
• 25, 267, 338. 43
660. 00 I360.00
58. 5i9. 142. 19
10. 378, 845. 92
5, 656, 038. 49
1, 12;3, 833. 71
2, 510, 283. 78
487, 148. 17
• 3, 145, 754. 71
• 636, 685. 54
6, 779, 872. 20
2,997,431. 95
• 3, 782, 440. 25
···l··-···············,_1·- - ---- --------1------1
-----Total, sec. 5d ol the Reconstruction Finance Corporation Act, as amended ..••..
2. 997. 431. 95 i= • 3, 782, 440. 25
47, 257,467. 70
I, 304,582.32 I
6,779,872.20 I
----I=======
Loans on the assets ol closed banks and trust companill$ under sec. 5e ol the Reconstruc•
tion Finance Corporation Act, as amended ..••............... .•... . • ... •.. . . ..........
233,512. ao I
325,188.28
141,414.41
665,991.18
' 183, 7i3. 87
l=======t= = = = = =
Authorization s under the Emergency Relief and Construction Act ol 1932, as amended:
Loans on sel l•liquidatinf projects, sec. 201 (a), title II ......... ..... ... . ............. ...... ........... .
339,000.00
8, 956, 882. 98
639,408.89
• 8,317,474.09
12, 130,500.00
~!~~ Jgf ?.!Ja(6)i,nt~tl:Plr:.~r.~~~~·g·~ ~_l'. ~~:~~.~~~.~•. ~~'. ~~:~.~~~'. ~:.~:~'.~~~. ~ .1.9.3:3: . ..... ..... ........ ,.. .
Loans for ft.rianclng of agricultural commodities and livestock, sec. 201 (d), title II .. - 1
50,000,000.00
--
:::1
50,000, oco. co
339,000. co
Total, Emergency Relief and Construction Act of 1932, as amended-····· -··· ·····/=======!=======
See footnotes at end of table.
7,601,554.76
347,444.87
102, 636, 489. 08
347,444.87
95,034,934.32
103. 623. 342. 84
87,064, 905. 10
16,558,437. 74 I====== I======
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TABLE
Class
Authorizations under sec. 304, title III, or the act approved Mar. 9, 1933, as amended :
Loans on preferred stock or banks and trust companies...... . . .....................•
Subscriptions ror preferred stock or banks and trust companies.. - -- · ---····•-- -·····
Purchases of capital notes or debentures of banks and trust companies.·----·------·
Total, sec. 304, title HI, of the act approved Mar. 9, 1933, as amended .•.••.•......
Loans to or for the benefit or drainage, levee, irrigation, and similar districts under sec.
36, title II, of the Emergency Farm Mortgage Act ofl933, as amended ................
Loans to finance the repair of damage by earthquake, flood, or other catastrophe in 1933,
1934, 1935, and 1936, under the act approved Apr. 13, 1934, as amended ................
Loans to borrowers engaged in the mining, milling, or smelting of ores, under sec. 14 of
the act approved June 19, 1934, as amended ... · -· · ·· · · ·- ·· - · -··-··· · ········ ····· · ····
Loans to or for the benefit of tax•supported public-school districts or other similar publicschool authorities in charge of public schools, under the act approved Aug. 24, 1935...•
Loan to the Rural Electrification Administration, under the act approved May 20, 1936.
Authorizations
0
(1)
Q_
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0
~
~
Withdrawals or
cancelations 1
Disbursements I
~
Repayments and OutstandingDecrease for the
other reduc•
quarter 1
tions 11
i
3,500.00
634,900.00
$207,471. 77
2, 424, 492. 50
1,569, 171. 29
$207,471. 77
• 2, 695, 507. 50
934,271.29
29, 851, 900. 00
103,500.00
5,754,900.00
4, 201, 135. 56
4
3, 349, 642. 98
974,340. 08
2, 122, 070. 94
223,066.60
• 1, 899, 004. 34
46,012.96
46,012.96
20,000.00
• 263, 000. 00
m
1-3
• 14, 743, 000. 00
a
75, 064, 781. 08
8
---------- --------
21,000.00
872,000.00
95,000.00
1,062.92
3,500.00
------------------ -------- ---------24, 224, 979. 81
-----------------283,000. 00
14,743,000.00
94, 766, 765. 43
----------------------------------169, 831, 546. 51
1, 553, 764. 44
1 'l'hese amounts apply to Joane authorized prior to Apr. 1, 1938, as well as to loans authorized during the second quarter of 1938.
• Exclusive of repayments unallocated, pending advices, as of June 30, 1938.
a Loans authorized to banks and trust companies include $9,864,926.76 to aid in the reorganization or liquidation of closed banks.
• Increase.
• Authorizations made prior to Apr. 1, 1938, were rescinded during the second quarter of 1938, as follows: Banks and trust companies, $6,300,126.76 (to aid In the reorganization or
liquidation of closed -banks); mortga_ge loan companies, $315 000; business enterprises, $770,000; purchases of participations and agreement! to purchase participations in loans to business enterprises, $101,000; a loan on the assets of a closed bank, $51,252.18; a loan to the Commodity Credit Corporation, $50,000,000; a subscription for preferred stock of a bank,
$300,(i)O; borrowers engaged in the mining, milling, or smelting of ores, $22,000; loavs to or for the benefit of drainage, levee, irrigation, and similar districts, $3,048,893.97; a loan to or
for th.$ n_eflt of tax-sup_ ported pu_bli_ c-school districts_ or other similar public-school authorities in charg_e of public schools, $1,062.92. Such rescissions have not been deducted from
Hl~ a11tlloqzatlops shown above for the 51'COnd quarter of 19381 i~µl)P as ther applied to loap~ aut)lorjr.ed during previous quarter11,
be.
:
2, 299, 900. 00
---------------------------------------------------$27,552,000.00
$100, 000. 00
$5, 120, 000. 00
Grand total.. •.•••• ··-·-·· .................. . .••.....•................ . ..... __ ••• _ • 186, 658, 792. 45
cg:N.
....
2.-Aggregate loan and other authorizations, by classes, during the second quarter of 1988-Continued
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15
REPORT OF RECONSTRUCTION FINANCE CORPORATION
3.-Number of authorizations, and number of new borrowers, etc., to which
authorizatiom were made, by States, during the second quarter of 1938 1
TABLE
GRAND TOTAL
State
Number Number
of autbor• or new
izations borrowers
Alabama .................... .
Arizona _____ ________________ _
Arkansas .•............• ......
California ....... . ........... .
Colorado .................... .
Connecticut.................•
Delaware .................... .
District of Columbia ....•.•..
Florida ...................... .
Georgia ..... ...•..•. •• .••••..
Idaho..•. .....•.•......• •... .
TUinois .•......... ..•.........
Indiana .... . ...........•.... .
Iowa .. ...................... .
Kansas ........••••.••.••.....
Kentucky ....•....•...•......
Louisiana. ........•..••• .•....
Maine ........•...............
Maryland ........••.. •.• .....
Mas.sachusetts ...••••.........
Michigan .. ......•.••....... ..
Minnesota .................. .
m:i~~r~
1
~::::::::::::::::::
Montana. .................... .
Nebraska. .................... .
New Jersey ................. . .
New Me,ico ..............•..
New York ................ ... .
North Carolina.............. .
North Dakota ..... ........•..
Ohio ........... ...........•..
2-1
23
29
22
38
27
14
12
5
4
~
4
6
23
98
9
◄8
22
6
16
41
9
3
23
21
63
12
21
35
3
4
5
rn
€9
4
35
LO
5
15
3
7
3
17
16
56
8
ll
31
6
5
24
16
38
31
2
2
53
2~
23
I ••••••• • • •
38
30
77
Number Number
or author• or new
izations borrowers
State
Oklahoma ..............•• .. .•
Oregon .............••••.... . .
Pennsylvania. __________ ___ __
Rhode Island .. .....••..... .. .
South Carolina ....... . ... ...•
South Dakota ......••••......
Tennessee ...... . ........•....
Texa!l. .•....... .... ..........
tab . . . .. . . . ................ .
II
19
58
12
23
T.l
6
4
10
8
I
2
46
~r;iii~~
~ ~: ==:::: ==: === :: : : ==
Washington .... ...... ....... .
40
62
53,
5
4
2'
14
658-
4
16
'676
~~~f:Jo~~r~~~~~=: :::::::: :: ::::
~
5,
15
1
1
13-
4
4
Total.. ....•............
Authorizations ·
Loan to The RFC Mort•
gage Co'·········· ···· ··
Loans to railroads (in•
eluding trustees)'-······
Loan to Commodity
Credit Corporation'·· · ·
Subscri ption for preferred
stock of Export•Import
Bank ol Washington'· ·
1, 752
I, 524:
8
'Z
Grand total. .•...... .
I, 763
'1, 521>
W yoming ...•................
Alaska .... ..... .... . . ....... .
Puerto Rico ..... ............ .
1
TOTAL, SEC. 5 OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS
AMENDED
Alabama ..•••••••..•.........
Indiana. ....••.•.••••.•.......
Maryland ...•.•.•.•..........
Massachusetts...••...........
~l~~t:oi;.-.-.·::: :::::::::: :: ::
Missouri. ...••.....•..•.•....
::: ~~~::::::::::::::::::::
North Carolina....•..........
Ohio .••••...•••....•.........
Pennsylvania .••..•..........
South Dakota ..•.............
Tennessee ...•............••••
1
Vermont ..••.••••••.•........
3
Virginia ____________________ . .
I
Washington .....•••.•••......
West Vir~inhl ..••..••........
\V 1sconsin ___________________ _
Puerto Rico .....•.•..•..•.•..
1
5
2
1
a
3
I
,3
6
1
1
1
1
1
1
l
t
2
2
Total.. ................ .
Loan to The RFC Mort•
gage Co.' .................. .
Loans to railroads (including
trustees)' •.......•......•...
40
Grand total. .•.••••....
49
T
1 ···---·-·8
g.
BANKS AND TRUST COJlPANIES (INCLUDING RECEIVERS AND LIQUIDATING AGENTS)
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
Indiana ..........•....••.•...
taryland .......•..•...•••...
M~achusetts ..•..•...•••....
Ml~~i~iii.·.. :::::::: ::::.. ::
~~~ ~~::.:: ..::::::::::::
Pennsylvania..••••.••.•••••..
3
1
1
1
2
2
I 3
'3
South Dakota
••••••••••••.•.._
'fennessee
___ ________________
Vermont .........•....••..••.
1
'1
1
I
2
~rt!o~~f~~~~~:::::::::::=::::
Puerto Riro ...................
72
72
Total.. •••.•••.......•..
33
4,
6
See footnotes at end of table.
101508--38--2
Digitized by
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16
REPORT OF RECONSTRUCTION FINANCE CORPORATION
3.-Number of authorizations, and number of new borrowers, etc., tc wkic/i
authorizations:were:made, by States, during the second quarter of 19S8LCon.
TABLE
BUILDING AND LOAN ASSOCIATION
[Under sec. 5 or the Reconstruction Finance Corporation Act, as amended]
Number Number
)f author- of new
izations borrowers
State
State
Number Numh!r
of author- of new
ir.ations borrowel"!
New Jersey __________________ _
INSURANCE COMPANY
[Under sec. 5 or the Reconstruction Finance Corporation Act, as amended]
Missouri_ ___ • --- - -------- --
--1
I
1----------11
MORTGAGE LOAN COIIPANIES
(Under sec. 5 or the Reconstruction Finance Corporation Act, as amended]
. ___ - -- ---- -- -- -- - ._
Michigan
New
York_____________________
North Carolina ______________ _
Virginia.--------------- .- -- -- -
(!)
Washington _______ ~---------- _ _ _ __
Total___________________
~
'
The RFC Mortgage Co.•_____
1 ....... .
Grand totaL. ___________ - - - ; - - 1
(SJ
•1
1
JOINT-STOCK LAND BANJt
(Under sec. 5 or the Reconstruction Finance Corporation Act, as amended)
Alabama. ____________________ ,
TOTAL, AUTHORIZATIONS TO BUSINESS ENTERPRISES UNDER SEC. 5d OF THE RECONSTRUCTION FINANCE CORPORATION' ACT, AS AMENDED
[Direct loans to business enterprises, Including participations]
Alabama. ______ _. ___ _____ ___ _
A rizona . _______ ___ ____ ___ ___ _
Arkansas . ______ _______ ___ ___ .
California __. ___ _.-· -·---- ___ _
Colorarlo . ______ ____ ______ ___ _
Conneclicnt ____ ____ ---- ___ .. _
Delaware __ _____ _________ ____ _
District of Colurnbia __ ______ _
Florida. ________ ---- . - . -- -- . - .
Georgia ___ ____ __ __________ ___ _
Idaho _- - - ---- -- -- -- --- --- ---Illinois. ____ __ ____ -----------lndiana
-------.
------_.._
Iowa ___ ._____
____
___ ______
____ __
Kansas._ ----------. -- ---- - ---
f;~i~~~~L:: :::::: :: :: :::: ·:
Maine _____ ---- --- ----------· Mary land ·----- -----· -- --- ·- Massachusetts ____ . ----- __ . __ _
Mich iga n __ _______ _____ ___ ___ _
Minnesota ___ __________ ____ ___
~::~~~r~'.~::::::::::::::::::
Montana _____ _______ ________ _
23
3
22
21
12
5
4
22
3
~l
21
!~
3
4
6
5
18
14
88
4
97
5
36
19
5
16
39
7
3
20
20
46
9
II
33
5
30
1~
5
15
37
6
R
15
16
45
7
10
31
5
Nebraskd.-- ------------- -- --l\"ew Jersey ____ _____ __ ____ ____
Ne"{ Mexico_ ___________ ______
New York ___________ __ _______
N ort h Carolina____ _____ ______
North D akota_ ____________ ___
Ohio ___ ---------------------Oklahoma_________________ __ _
Oregon _- ---·----- ------- ---- Pennsylvania_______ _______ ___
Rhode Island __ _________ ______
Sou th Caroli na ________ ___ __ Sout b Dakot a_______ ______ ___
Tennessee__ ___ ____ __ _____ ____
'r exas_____________ ___ ________
Utah_ _______ _____ __ ________ __
Vermo nt___ ___ _____ __________
Virginia _____ ______ ________ _-W ashington ____ _________ ____ _
West Viry,inia. --- --------- --W isconsin ____ __ ___ ___ ________
- --------- - --____
--- _
W
yomini;.
Puerto
Rico--___
_____ ______
TotaL .___ ____ _____ __ ___
See footnotes at end of table.
Digitized by
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2
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27
1
31
12
20
66
6
JO
1
41
M
52
, 614,
12
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1 ......2_
1, 600
1.r.·
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REPORT OF RECOXSTRl!C'l'ION FINANCE CORPORATION
17
3.-Number of authorizations, and number of new borrowers, etc., to which
authorizations were made, by States, during the second quarter of 1938 1-Con.
TABLE
LOASS TO Bt:sISESS EsTERPRISES
[Under sec. 5d of the Reconstruction Finance Corporation Act, as amended]
State
Number Number
of author· or new
izatlons borrowers
.Alnbama . . ..... . •...•...•....
Arizona. __________________ __ _
.Arkansas ..... ...•.••.•••....•
California . .. ....... .....•.•• .
Colorado . . ............•.•.••.
Connecticut ............. •.•••
Delaware . . ......•.....•.• . •..
District of Columbia ....•. • ..
Florida.•.....................
Oeorgia.. ...................•..
I daho ....................... .
Ill inois . ..•............... .. ..
Indiana ........•..... .... ... .
lo~ra. ___ ------ -------- --- --- - Kansas .....•................ .
Kentucky ..•... ........ ......
L ouisiana ...•............ ... •
Maine .. .................... . .
M aryland ..•..........•.•...•
Massarhusetts •.............
M ichigon .......•............•
Minnesota ... .•.... .....•.... .
~l:~~f~i~ ~::: ::::: ::: :: :: : :
15
U
2
Ii
16
19
11
4
4
5
16
i6
3
I
3~
,5
5
15
36
4
3
17
13
37
7
7
I 24
2
19
11
2
4
4
13
68
2
27
11
5
14
34
3
3
13
JO
~6
.1
6
• 2'.!
Number Number
or author• or new
izations borrowers
State
::l!ontana................... . .
Nebraska __ __ _______________ _
':\few Jer~ey .... ..... ......... .
3
1,
23
,,.ew :!\fe,1co _________________ _
New York ......... .......... .
1\"orth CarolinA .... ..........•
'ortb Dakota ...•. ...........
Ohio ........................ .
Oklnhoma. ......•. ........ . ..
Orevon ....................•.
Peno"y h·ania _____ ___________ _
Rhode lslsnd •... ...•. ........
South Carolina •.•.... ........
Tennessee . ... . ..... ....... .. .
Texas ..•.... . •.•....... ......
Uta h .... .................... .
Vir~inia ..................... .
Washington ...•. . . • ..........
West Virginia ..• . ............
Wisconsin ........... . ....... .
Wyoming .....•..............
Pue1l0 Rico .....•.. ......... .
Total.. •................
I
55
22
I
• 17
I
3
15
21
I
112
IS
13
10
10
I 57
4
7
23
42
3
I
9
18
40
2
21
40
2
I 10
'663
4
9
I
2
9
647
1,382
I, 276
3
9
2
- - -- - - - -
PURCHASES OF PARTICIPATIONS, AND AGREEMESTS TO PURCHASE PARTICIPATIONS, IN LOANS TO BUSINE88
ENTERPRISES
[Under sec. 5d of the Reconstruction Finance Corporation Act, as amended]
Alal'.>ama ..•••......•... . .....
Arizona __ ___ __ ______________ _
Arkansas • . . •• •.....•.........
California . .••......... .......
Colorad o .. •• •.......... . ... ..
Con nrct•eut. ................ .
District ol Columbia ........ .
f lorida . ...............•...•.•
Geor~ia . .. ......•.....•..... .
Idah o . ........•••...... • .....
lllinois . . ......•..•..•..•.•. ..
Indiana .... .•••.•••......• . ..
'.Ka nsas ... ....•. .......•... . ..
~~~
~~!t=::::::::::::::::::
M aryland .... .•••••. •........
M assach uset t s.... ••...••.....
Michigan•.•.•• •.....•.••.•...
M innesota .. . .••.•.••••..••..
tMnnta
~~~f~
!=::::::::::::::::::
n a . .•. •.••.•.....•.... .
8
I
5
2
I
l
1
2
I
21
2
3
4
I
3
3
3
7
9
8
I
5
2
I
I
I
I
'20
2
3
4
I
3
3
2
6
2
4
9
9
2
4
9
2
2
Ne',raska .•.. . ............••..
New Jersey .... _.... . •...... ..
New Mexico_ ..... . ......•• •.
'.\'ew York ................•• .•
North Carolina ...........•.• .
Ohio ........................ .
Oklahoma .. ... - .... . ........ .
Oregon . ... ........... ... . ... .
Pennsyl van ia ......... . ....•.
Rb ode Island ................ .
South Carolina . . _.. . ........ .
South Dakota ......... . ..... .
Tennessee ...... .. .........•• •
Texas ..... . .• . ... . ..... ......
Utah ..... . ........ . .. . ...... .
I
' 11
I
12
5
16
2
l
9
2
1
'10
l
10
6
16
2
1
9
2
3
18
11
2
2
3
~?;~~t~~~::::::::::::::::
3
I
21
12
2
2
4
12
3
4
Total.. •• . ••. •••. • . . . .. .
218
202
~:it~\~~:::::::::::::::::::::
Washin~ton ...•.. ..... . ......
I
10
2
4
LoANB TO PUBLIC BODill:S TO AID IN FINANCING PR01ECTS AUTHORIZED UNDER FEDERAL, STATE, OR
MUNICIPAL LAW
[Under sec. 6d of the Reconstruction Finance Corporation Act, as amended]
California ..••••.•..•..•.•.••.
Florida..•.•••.•••...•........
Geor~ia ....••••••••••••......
Illinois ••..•.•..•.•.••..•.....
Mlchlizan...••....•.••......••
MlsslsslppL •.•.•.••..•......
1
I
2
2
1
1
1
1
1
I
1
1
Ohio_ ....••.•.•••••••.•.••.••
Tennessee •••••..•••.•••.•.•..
Texas ••.•.•••.•.•.•.•..•..•••
2
1
1
:.I
Total. .•.....••••••••...
11
ll
See footnotes at end of table.
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1
1
18
REPORT OF RECONSTRUCTION FINANCE CORPORATION
3.-Number of authorizations, and number of new borrowers, etc., to which
authorizations were made, by States, during the second quarter of 1938 '-Con.
TABLE
TOTAL, SEC. 5e OF THE RECONSTRUCTION' FINANCE
AMENDED
CORPORATION' ACT, AS
[Loans on the assets of closed hanks and trust companies]
Number Number
of author• of new
izations borrowers
State
Number Number
of author• of new
izatlons borrowers
State
--Michigan •.•••••.....•.•.••...
10
19
LOAN' FOR FINANCING OF AGRICULTURAL COMMODITIES
{Under sec. 201 (d), title II, of the Emergency Relief and Construction Act of1932]
ct~i':'?dlty Credit Corpora•.1
81 1.......... 11
TOTAL, ACT APPROVED MAR. 9, 1933, AS AMENDED
(Subscriptions for preferred stock, and purchases of capital notes or debentures, of banks and trust companie.,]
Number of N'umberofnew Less: Duplica· Net numberol
authorizations borrowers, total
tions
new borrowers
State
Illinois ....•••••••••.•••.•••.••.•..••..•..
Maryland .•..•.••.•.•.•.....•............
Michigan .........•.•.•.....•.•...•......
Minnesota ........•••.•••.•.•.•...•...•.•
Nebraska ••.........•.•.•.•..•...........
~=: ~~;:~~:::::::::::::::::::::::::::::
Grand total. •••••••••••.•.••••••••.
3
1
1 ············-·
1
1 .•••••••••.•..
1
5
4
4 ··•••••·•··•·•·•
1 ·············•·· ···•••·•·•••·· .•••••.•...•...•
7
7
6
1
1
1
1
Pennsylvania .............•.......•......
Vermont .••..........•.............••.•.•
Total..............................
Export•Import Bank or Washington'····
3 .•••••••••••••
1 .•............
3
2
22
17
10
1 ...•••.•..••.•.....•....••.....•.••••........•
1------
17
23
10
SUBSCRIPTIONS FOR PREFERRED STOCK OF BANKS AND TRUST COMPANIES
!Under the act approved Mar. 9, 1933, as amended]
Number Number
of author• of new
izations borrowers
State
Illinois .•.......••.••.•••.•...
Maryland .•....•......•......
Michigan ....•...•••..•..•.•..
New Jersey .....•.••.•.•••.•..
New York .....•••••••••.•.•..
Pennsylvania .•.....•.•.•.•..
Total.. •••••••.•...•....
1
• 2
1
l
1
11
I
17
I
87
13
10
Number Numbtr
of author• of new
izations borrowers
State
Export•lmport Bank of Wash•
ington •..•....•.•...•...•..
Grand total ••••.•••••..
1----·1----
10
PURCHASES OF DEBENTURES OF BANKS AND TRUST COMPANIES
[Under the a.ct approved Mar. 9, 1933, as amended]
Illinois ....•.•........•..•.•.•
Minnesota._ •.•••••••••••.•..
2
I
2
I
Nebraska.....................
5
Vermont. .••••••••••.••••••.. _ _ _ _
1. _ _ _..,
1
1
Total.. ••••••.••.•••••••
9
See footnotes at end of table.
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REPORT OF RECOXS'l'HL"CTION FIXA!S'CE CORPORATION
19
3.-Number of authorizations, and number of new borrowers, etc., to which
authorizations were made, by States, during the second quarter of 1938 1-Con.
TABLE
TOTAL, SEC. 36, TITLE II, OF THE El\fEROE':\"CY FARM MORTGAGE ACT OF 1933, AS
AMENDED
[Loans to drainage, levee, irrigation and similar districts, etc.]
Numher Number
of author• of new
izations borrowers
State
Number Number
of author• of new
State
izations borrowers
- - - - - - - - - - - ----1-----11------------- - - - - - - - Arkansas ..•••..•••.•• •••.••. _
California ......•••••••.••....
Colorado ......•.••.••••.•.••.
Florida ......•..•••.•••.•.....
Idaho ..........••••••• .•••...
Illinois .......•••••••• •••••••.
Iowa. __ . ____________________ _
Kentucky ...•.. •• ••••••......
10
6
II 13
2
J
Louisiana. __________________ _
• 2
119
"I
Mississippi. . . ............... .
l\lissouri ••........••.........
l\lontana .................... .
Oregon ••........•............
Texas ••••••. . ... .. ....•......
Total.. ...•..•..••.•.•..
61
11
u4
•3
04
118
I
I
I
I
13
I 7
II
1
8
TOTAL, SEC. 14 OF THE ACT APPROVED JUNE 19, 1934, AS AMENDED"
[LoaOll to borrowers engaged in the mining, milling, or smelting of ores]
Ariwna __----------·-- ______ _
California ...•.•..••••••......
Kentucky .•....••••••••••••..
Vir~lnia......................
Ala5ka. ••.•.•.•.•.•.•.•••..•.
Total...................
I
~
I
11
11
1
1
-------4
7
TOTAL, ACT APPROVED AUG . 24, 1935
[Loan to or for the benefit of a tax-supported public school district)
Arkansas ........•..••• ··-·-.
·I
1·········· 11
NOTES
"Borrowers, etc.," Includes applicants to which loans have been authori1.ed and institutloOll in connlll)tion with which purchases of preferred stock, capital notes or debentures have been authorized.
1 Includes 626 loans approved to 612 fruit growers located in certain areas in Washington.
• Not included in the State totals shown above, because the operations of the borrowers, etc., ordinarily
are not confined to any one State.
• After eliminl\tln~ duplications, the net number of new borrowers during the second quarter of 1938 was
1,526. Such duplication arises when the Corporation, during the second quarter, made an authorization
in connection with a borrower for the first time under one class of loan or other authorization, and had made
an anthori1.ation in connection with the same borrower during a prior quarter under a different class of loan
or other authorization.
• During the second quarter of 1938, three authorizations made prlor to the second quarter were completely
rescinded. 'l'hese rescissions have not been deductecl from the number of authorizations made during the
quarter, inasmuch as the authorizal.ions were made during prior <1trnrters.
6 During the second quarter of 1938, one anthori,ation made prior to the second quarter was completely
rescinded . '!'his resds.sion has not been do<lucted from the number or authorizations made during the
1
quarter, inasmuch as the authoriu1tion was made durin:? a prior quarter.
' During the second quarter of 1938. two authori1.ations made prior to the second quarter were completely
rescinded. These rescissions have not been deducted from the number of authorizations and the number of
new borrowers durin~ the quarter, inasmuch as the nuthoriz.ations were made during prior quarters.
1 During the second quarter of 1038, one authorization made prior to the second quarter was completely
rescinded. '!'his resciss ion has not been deductecl from the number of authorizations and the number of
new borrowers tluring the quarter, inasmuch as the authorization was made during a prior quarter.
• Includes two horrowcrs to whom loans were authorized prior to the second quarter of 1938, under sec . 6,
as amended, or the Reconstruction Finance Corporation Act, such borrowers bein!( included under that
section in previous quarterly reports. During the second quarter or 19~8, authorizations were made to these
borrowers under sec. 5e of the Reconstruction Finance Corporat!on Act. as amended.
"During the second quarter of 1938, two authorizations marle prior to the second quarter were completely
rescinded. These rescissions have not been deducted from the number of authorizations made during .t he
quarter, inasmuch as the authorizations were macle durini;? prior quarters.
11 During the second (]Uarter of 19J8, one authorization made prior to the second quarter was completely
rescinded. This rescission has not been deducted from the number of new borrowers during the quarter,
inasmuch as the authorization was made during a prior rtUA.rter.
" During the second (Juart er of 1938. seven authorizations made prior to the second quarter were com•
~letely rescinded . These rescissions have not been deducted from the numher of autllorizations made during
the quarter. inasmuch as tbe authorizations were made during prior quarters.
13 During the second quarter ol 19J8. four ,mthori,.ations made prior to the second quarter were completely
-escinded. The.se resclssions have not been deducted from the number of new borrowers during the quarter,
.nasmuch as the authorizations were made during a prior quarter.
14 During the second quarter of 1938. 5 authorization., made prior to the second (]uarter were completely
·escinded. These rescissions have not been deducted from the number of authorizations made during the
Juarter, inasmuch as the authorizations were made during prior quarters.
"Classified by State according to location of property of borrower.
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20
REPORT OF RECONSTRUCTION FINANCE CORPORATION
4.-Number of authorizations and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, disbursement&,
and amount outstanding, from Feb. 2, 1932, to June 30, 1938, inclusive, by
States 1
TABLE
GRAND TOTAL
State
Number
of authorizations
Number
of
borrow~
er~
Amount
withdrawn
or canceled
Amount
authorized
Amount
disbursed
Amount outstanding a.s
of June 30,
19381
----
Alabama ___________________
523
300 $38,609,487. 75
Arizona ____________________
68 24, 480, 722. 77
109
Arkansas __________________
504 65, 001. 966. 67
737
California __________________
496 660, 394, 670. 46
888
Colorado _____.______________
319
219 27, 842, 686. 63
Connecticut_ ______________
172 33, 443, 530. 41
275
Delaware __________________
25
3, 397, 000. 00
27
District of Columbia _______
52 37,279,944. ·01
137
Florida ____________________
31.
586,426.20
3il
417
Georgia ____________________
617 32, 182, 002. 93
831
Idaho ______________________
15,353,162.94
136
252
Illinois _____________________ 1,933 1, 153 442,469,991.94
Indiana ____________________
689 83, 609, 766. 54
983
Iowa _______________________
720 8\1, 780,847.33
Kansas ____________________ 1,135
456 20, 988, 908. 78
609
662
t:;;i~~~~r:-~~::::::::::::::
698
Maine
_____________ . _______
207
Maryland __________________
374
Massachusetts _____________
549
Michigan __________________ 1,372
Minnesota _________________
9.51
~i:~~~f_~'.~~::::::::::::::
Montana •• ________________
Nebraska __________________
Nevada ____________________
New Hampshire ___________
New Jersey ________________
New Mexico _______________
New York _________________
North Carolina ____________
North Dakota _____________
Ohio _______________________
Oklahoma _________________
Oregon _____________________
Pennsylvania ______________
Rhode Island ______________
South Carolina ____________
South Dakota ______________
Tennessee _________________
Texas______________________
Utah ______________________
Vermont ___________________
Virginia ___________________
Washington _____________ --W!)St Vi~ginia______________
WISconsm _________________
Wyoming __________________
Alaska _____________________
Hawaii_ ___________________
Puerto Rico _______________
Virgin Islands _____________
799
1,181
300
1,338
68
53
1,233
97
1, 731
612
369
1,477
430
473
2,160
38
248
455
748
1,350
225
157
519
3 1,534
487
1,421
112
14
5
28
3
428
348
112
258
416
804
633
481
777
168
420
35
45
834
62
1,215
•134
266
1, 06S
219
246
1,415
26
152
302
454
954
138
105
357
1,039
292
1,034
--
53
12
4
24
1
51, 984, 291. 02
223, 681, 5P5. 86
78, 387, 029. 02
142. 327,287. 23
99, 123. 962. 53
525, 709, 507. 61
40, 195, 998. 26
45, ,560. 171. 59
127, 012, 323. 61
15, 49~. 977. 22
26,323, 746. 32
12,902,219. 01
5, 721, 553. 00
250, 572, 732. 95
11, 592, 525. 81
775, IE6, 262. 08
72, 021, 07 5. 20
14, 295, 206. 73
601,607,239.63
26, 603, 904. 34
26, 672, 832. 89
343,575,862. 56
8, 000, 449. 40
38. 224, 225. 24
19,031,413. 58
126, 212, 941. 02
135, 624,757.43
22,615,215.94
28, 862, 196. 63
49, 053, 511. 04
70, 082, 833. 44
47, 453, 645. 78
126, 423, 916. 13
6, 541, 229. 24
1, 203, 500. 00
1, 444, 935. 00
7,657,500.00
251,000.00
$5, 209, 369. 82
1, 573. 423. 86
ll, 072, 753. 91
40, 098, 462. 49
5, 753, 149. 78
5, 346, 462. 01
2, 232, 300. 00
4, 1,56, 836. 01
5. 602, 985. 25
6, 437, 878. 46
2, 183, 476. 62
56,710,535. 71
14,782,676.40
14. 634, 425. 12
3. 849. 619. 17
11, 611, 762. 32
88, 422, 374. 86
11, 068, 831. 25
15, 613, 381. 48
16, 033, 781. 22
105. 086, 876. 91
5, 727, 672. 40
4,884,922.12
32, S87, 027. 47
1, 602, 610. 14
3, 868, 406. 09
4, 284, 337. 77
1, 121, 983. 78
35, 474, 44:i 68
J. 501, 976. 78
192,211,031.97
13, 550, 185. 71
1, 590, 626. 45
125, 103, 9H. 97
2, 032, 834. 03
4,913,650. 18
71,012,241. 29
768,421.36
5, 273. 666. 16
4,150,071.17
15, 468, 903. 37
18, 983, 553. 81
4, 205, 546. 91
2, 274, 370. 27
8, 251, 468. 53
18, 458, 258. 73
5,839, 516. 49
19, 144, 609. 57
994,637.60
66,000.00
214,103.00
1, 272, 439. 78
126,000.00
$32, 477, 127. 93 $!1, 155, 396. 64
11,617,049.27
6,074. 690.67
19, 085, 363. 57
50, 481, 280. 07
534, 644, 184. 35 266, 808, 627. 92
20, 920, 739. 35
7.183,034.84
8, 686, 345. 15
27,991,540. 72
1, 117,200.00
317,300.00
3, 314, 076. 2&
31, 419, 323. 00
19, 057, 600. 22
8,332,551.05.
21,819,607. 77
7, 069, 819. 53
12, 513, 638. 38
3, 516, 234. 53
94, 227,203.65
383, 593, 540. 02
67, 759, soo. 14
13, 223, 133. 14
74, 953. 957. 55
6. 966, 363. 85
17,020,989.61
6,497,435.60
7,961, 0~2. E6
38. 922. 775. 74
30, Qll5, 870. 20
134, 953. 077. 77
8,415,031.91
67, 260, 697. 77
125, 848, 769. 20
31, 927, 773. 84
23. 379, 834. 40
82, 211. 988. 20
56,719,413. 19·
41 a, 198. 613. 77
8,801,960.66
34, 193, 820. 33
40, 328, 333. 6,5
12,415, 151. 07
21, 336. 689. 05
90,758,681.28
13, 541, 448. 5~
2. 9S7, 224. 53
6,749,776. .IT
21. 262, 406. 28
1, 142. 098. 8&
8, 478, 681. 27
4, 594, 852. 22
915. 493. 90
89, 365, 12'l. 61
212, 980, 563. 28
6, 620, 546. 02
9, 321, 934. 90
576, 5,56, 367. 83 134, 474, 7i0. 31
10, 840, 150. 3657. 797, 107. 26
3,349, 02i. 14
12, 473, 258. 88
451,286, 169. 55
76, 269, Ila. OT
3, 066, 532. 41
24, 213, 570. 31
7, 723, 378. 21
21, 202, 048. 84
56, 936, 581. 73"
269,282,168.31
3, 573, 826. 30
' 7. 067, 028. 04
3, 658, 448. 57
31, 246, 504. 63
3, 37 5, 809. 35
14,810,341.16
22, 993. 102. 81
103. 233, 622. 33
43, 432, 851. 18
112, 071, 739. 11
3, 132, 764. 90
18, 296, 169. 03
15,747,277. 53·
24, 924, 116. 36
38, 870, 586. 11
9,864,081.98
48, 171, 022. 58
8, 288, 693. 81
41,139,829.28 _ 5,465,864.64'
106, 202, 806. 56
25, 893, 192. 84
1, 287, 757. 86
5,536,091. 64
813, ooo. oo·
1, 050, 500. 00
1, 230, 832. 00
535,671.63
4, 270, 060. 22
121, soo. oo125,000.00
TotaL--------- ______ 33,653 21,549 5,811,663,739.73 1,035,240,824. 23 4, 578, 300, 952. 65 1, 211, 104,050.68
Authorizations: .
Loans to The RFC
Mortgage Co.•. ________
79,171,156.61
15, 010, 600. 3f'.
1 85, 021, 636. 82
12
Loans to Federal land
5,017,276.51
I 57
12 • 399, 636, 000. 00 12, 400, 000. 00 I 387, 236, 000. 00
banks•---------------Loans to Federal intermediate credit banks •_
9, 250, 000. 00 ------------9, 250, 000. 00
8
8
Loans to regional agricultural credit corporatlons (rediscounts)• ____ 1,343
5, 596, 811. 76
173, 243, 640. 72
12 178, 840, 452. 48
Loans to railroads (ineluding receivers and
trustees)• ______________
578, 180, 739. 11 3113, 698, 710. 6()
76 691, 424, 295. 00 106, 393, 555. 89
170
Loans for financing exports or agricultural
46, 895.gg,
20, 224, 586. 66
3 53,370,955.22 -33, 146,368.56
6
surp!uses•-------------
---------------
-------------------------------
--
St>e footnotes at end of table.
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21
REPORT OF RECO:XSTHL' CTIO~ FINA~CE COHPORATION
4.-Number of authori zations and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, disbursements,
and amount outstanding, from Feb. :e, 1982, to June 80, 1988, inclusive, by
States 1-Continued
TABLE
GRAND TOTAL-Continued
St.ate
Num• Number
ber
of au• of
thor• bor•
Amount
authorized
i1.a- rowtions ers
Amount
Amount
disbursed
withdrawn
or canceled
Amount outstanding as
of June 30,
1938
I
-Authorizations-Con.
Loans t o Secretary of
Agriculture to acquire
cotton• ...... .... . .....
Loans to Commodity
Credit Corporation• ...
Subscri ptions for stock
of The RF C Mortgage
Co.• . .• •..... . . . ..... ..
Subscription for stoc k of
Feder a l National
Mortgage Association• .
Subscriptlons for pre•
!erred stock of ExportImport Bank of Washington •.... ....... . ....
Subscript ion for pre!erred stock of Second
Rx port-[ m port Bank
or ,vashington , D. c.•.
Loan to Rural Electriftca tio n Adminis·
tration •.•.••.. ........
$23, 500, 000. 00 $20, 200, 000. 00
$3, 300, 000. 00
1 l,604,il 2,664. 99 566, 6i8, 346. 46
767, 716, 002. 21
I
2
28
------- ------------------------
3
I
25, 000, 000. 00
---------------
25,000,000. 00
$26, 000, 000. 00
1
1
11, 000, 000. 00
---------------
ll, 000, 000. 00
11, 000,000. 00
3
1
45, 000, 000. 00
------ --- --- ---
20, 000, 000. 00
20, 000, 000. 00
1
1
2, 500, 000. 00
----------- ----
2, 500, 000. 00
----------------
I
1
46, 500, 000. 00
---------- -----
46, liOO, 000. 00
46, 497, 574. M
----
Grand total.. . . .... . . 35, 288 21, oos 8,987,410,HI. 24 J,7i9,655,906. 90 716,701 ,624,037.96 • 1,727,375,108.66
1
1
TOTAL, SEC. 5 OF THE RECONSTR UCTION FINANCE CORPORATION ACT, AS
AMENDED
.
340
Alabama .•..• ·-·· · ------···
Arizona . . • _•• •.. . •...... __ .
41
Arkansas .•••..•••.........
375
487
California •.•• ••• •••••. .. ...
Colorado ...•••••..........
151
91
Connecticut •.•.. •. •.......
Delaware •.•.. .. ... .. ... ...
3
District or Columbia .....• .
110
175
Florida . . - -· · ·· ·· · · ........
306
Georgia . ... •... •• . .•....• . •
138
Idaho ..•• - •••••• ••.... . ••.•
lllinois •.••.••...... ........ 1,410
534
Indiana... •••••••.•....•...
919
Iowa ...•... •.•. •.•.........
305
Kimsss ..•..•••..•...•.....
401
Kentucky .•.•••...........
428
Louisiana ..•..••.. .. . ..•...
119
Maine .. .....•.• . .... .... ..
210
Maryland ... . ...•. . . ......
174
Mas.sachusetts .• •• • ........
929
Michigan ...••.•••... .•.. ..
562
Minnesota. •.••. •.......• . .
266
Mississi{'PL . •••• ••.. .• .• ..
Missouri_ __________________
655
143
Montana •. •••. •• • •........
469
Nebraska . .•••.•• .•...... ..
34
Nevada ........•••.•.......
18
New H iunpsbfre . ••.. ...•..
702
New Jersey . ••.•• •.........
41
New Mexico .•• •••. ........
New York •. ... •.•• .. . .....
530
362
North Carolina •. •. .•.... . .
161
North Dakota •••• •........
Ohio . . ••.• ••••••• ..••. . ....
781
Oklahoma ••••••••.••. . ..•.
320
Oregon ...•.••.•••••••...•..
255
Pennaylvan fa •••••. _•. .. : .• 1,226
Rhode Island . • •• . ..•. •••..
8
South Carollna •• : •. ...••..
156
154 $15, 893, 876. 42 $4, 207, 294. 82
287,048. 2i
3,041 ,300.00
18
6,386, 714. 13
197 32, 158. 020. 69
199 208, 867, I 03. 50 JO, 469,267. 32
1, 499, 022. 97
9, 822,071 . 29
87
2,619,045.69
42 20, 722, 785. 41
8, 000. 00
257,000.00
3
2, 615, 336. 01
30 31 , 700,434.01
126 10. 329, 430. 82
4, 080, 802. 39
2, 943, I 78. 13
160 13. 808, 892. 50
908, 700.85
8, 269. 781. 61
56
707 243. 405. 442 99 42. 409, 236. 27
300 54, 420, 374. 00 10, 955,864. 24
525 7a, 109. 715. 13 11, 595, 1711. 2i
1, 973, 233. 92
9. 321. 804. 31
172
4, 443, 456. 70
199 23, 656, 285. 60
173 129. 921, 02.5. 09 34, 362. 624. 74
36 64, 982. 734. 02
7. 868. 254. 21
121 103. 907, 535. 56 12,211,907. 81
9, 526, 581. 77
80 70, 829, 003. 32
420 429,714,921.52 98, 789, 573. 13
290 17. 183, 179. 13
3, 57-5, 624. 78
135 19. 196, 237. 03
2, 626. 330. 97
332 78, 555. 144. 75 24, 201, 989. 67
5, 733, 700. 41
61
602,498.68
189 13, 702. 223. 59
2, 408, 505. 63
7, 999. 032. 11
12
674,356.69
356, 139.92
1, 794, 000. 00
13
435 136. 407, 074. 31 18, 7~3. 873. 35
2,597,215. 05
19
705. 669. 02
257 301, 933, ~30. It 103. 519, 423. 79
20., 61, 958, 664. 86 10,877, 734. II
7, 944, 784. 75
I, 048, 148. 33
83
411.1 466, 672, D32. 19 114, 278. 086. 11
9, R46, .,24. 53
145
), 587. 406. 52
2, 278. 700. 93
87 11 , 526, 831. 43
618 229. 091, 865. 81 &, 800. 780. 57
2il, 921. 36
2, 340, 859. 40
3
3 976 730. 13
77 25, 763, 495. 24
$11,686,581.60
2,754,251. 73
25, 740, 456. 56
198, 385, 746. 46
7, 676, 086. 07
18, 103, 739. 72
249,000.00
28, 430, 823. 00
6, 248, 628. 43
10, SM, 589. 37
7,361, 080. 76
200, 800, 306. 72
43, 176, 409. 76
61, 492, 836. 86
7, 348, 570. 39
1s, m , 828. oo
95, f.58, 400. 35
57,114,479.81
91,624,311.20
61, 268, 321. 55
330, 164, 470. 30
13, 597, 454. 35
16, 569, 906. 06
54, 278, 954. 37
5, 103, 167. 30
10, 733, 717. 96
7,195,475.42
I, 437, 860. 08
ll 6, 698, 204. 97
1, 891, 546. 03
197, 297, 804. 04
41, 050, 223. 71
6, 896, 636. 42
330, 353, 845. 54
8. 259, 118. 01
9, 184, 180. 50
174,911,085.24
2, 068, 938. 04
21 786 765. 11
$1, 134,650.41
---·-----------1, 522, 799. 69
101,747. 92
562,545.00
775,366.00
----------------1, 044, 026. 25
1, 264, 050. 44
1, 173,658. 41>
---------------50, 802, 048. 21>
366, 443..23
320, 468. 58
'01, 469.06
85,673.40
21, 235,926. 75
1, 449, 186. 01
6, 774, 193. 95
11, I 73, 675. If
16, 267, 261. 40
f!0, 674. 34
100, 084. 42"
4, 746, 988. 9(
103,077.97
004, 568. 39
447,336.46
---------------10, 839, 255. 40
13,810.16
46,351,243. 55
3, 118, 064. 80
62,973. 20
13, 426. 091. 80
275, 009. 00
475,820. 26
9, 2112, 613. 48
358, 363.53
161 735. S
Bee footnotes at end of table.
Digitized by
Google
22
REPORT OF RECONSTRUCTION FINANCE CORPORATION
4.-Number of authorizations and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, disbursement&,
and amount outstanding, from Feb. 2, 1932, to June 30, 1938, inclusive, by
State,s 1-Continued
TABLE
TOTAL, SEC. 5 OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS
AMENDED-Continued
State
Num- Number ber
of au- of'
thor- boriza-
tions
Amount
authorized
row-
Amountoutstanding as
Amount
withdrawn
or canceled
Amount
disbursed
$3,812,437.18
8, 678, 271. 78
8, 626, 311. 09
2, 761,746.87
2, 148,179.77
4, 638, 703. 00
12, 503, 715. 19
4,452,447.94
12,646,261.67
534,637.60
$8, 185, 606. 54
er June 30,
1938'
ers
-South Dakota _____________
Tennessee _________________
Texas ______________________
Utah ___ ------------------Vermont_
__________________
Virginia ____________________
Washington _______________
West Virginia ______________
Wi~consin _________________
Wyoming__________________
~~~~t
___________________
Puerto Rico _______________
129 $12, 027, 993. 72
223 84,511,847.03
308 65, 301, 248. 83
'60 13, 313, 831. 62
37 11, 264, 096. 63
138 27, 665, 056. 33
170 44, 403, 439. 21
160 29, 202, 846. 61
526 70. 398. 469. 61
4, 644\ a29. 24
23
2
100,000.00
2
850,000.00
2, 703, 000. 00
5
263
483
607
131
85
264
605
323
832
75
2
2
7
--------------14,103.00
372,694.25
,4
75, 564, 311. 04
56,674,937.
10, 552, 084. 75
8, 955, 806. 86
21,660,411.93
30, 971, 100. 02
24, 424, 198. 67
57, 696, 207. 94
4, 109, 691. 64.
100,000.00
835,897.00
845,305. 75
Tota!_ _______________ 18,014 9,012 3,314,773,891.32 675, 909, 801. 54 2, 604, 708, 362. 57
Loans:
To The RFC Mortgage
12
1 85, 021, 636. 82 --------------79,171,156.61
Co.•·-----------------To Federal land banks•-- '57
12 '399,636,000.00 12, 400, 000. 00 1 387, 236, 000. 00
To Federal intermediate
9, 250, 000. 00
8
8
9, 250, 000. 00
credit banks•---------To regional agricultural
credit cor~orations (re5, 596,811. 76
173, 243, 640. 72
12 178, 840, 452. 48
discounts•------------- 1,343
To railroads (Including
578, 180, 739. 11
receivers and trustees)•170
76 691,424,295.00 106, 393, 555. 89
Grand totaL ________ 19,604 9,121 4,678,946,275. 62 800,300,169.19 3, 831, 789,899.01
---------------
- - ---
$9.'I. 282.4U
9, 433, 273. OIi
9,302,041.88
206. 303. 97
36C, 368.M
2,178.047. 93
2, 542, 619. 97
1,102.978. 87
162,823.74
320,989.30
--------------·
----------------
---------------231, 840, 430. 43
15, 010, 600. 34
5,017,276.51
-·----------------------------393, 698, 710. 60
645,'567, 017. 88
BANKS AND TRUST COMPANIES (INCLUDING RECEIVERS, LIQUIDATING AGENTS AND CONSERVATORS)
(Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
.Alabama ___________________
314
Arizona ____________________
39
Arkansas_ .. _______________
312
C'alifomla __________________
424
Colorado _____ •• _. __________
128
Connecticut _______________
78
DelawBre __________________
3
District of Columbia _______
103
Florida ____________ -------150
Oeol'j!:ia____________________
278
Idaho ______________________
98
Illinois _____________________
I,
261
Indiana ____________________
Iowa - --------------------Kansas ______ --------------
Ei"::ls~!L~~::::::::::::::
Maine
__ ------------------Maryland
_________________
Massachusetts _____________
Michigan·----------------Minnesota
_________________
~l::~t~'.::::::::::::::::
Montana __________________
Nebraska__________________
Nevada ____________________
New Hampshire ___________
New Jersey ________________
New Mexico _______________
New York _________________
North Carolina ____________
North Dakota _____________
Ohio-----------------------
503
871
295
380
371
116
152
104
799
549
257
624
99
443
30
18
378
27
t28
154
50S
138 $12, 946, 065. 87
2,061.300. 00
16
158 26, 690, 006. 49
159 126, 234, 4i 5. 25
5, 338, 993. 30
72
30 18, 498, 217. 73
21'7,000.00
3
25 30, 510, 901. 41
8, 926, 297. 83
110
146 11,710.397. 99
3, 559, 856. 72
50
610 218,947,984.00
275 47,684,374.00
494 62, 920, 365. 13
8, 802. 304, 31
163
179 20,780,857.60
132 118,691,162.69
33 61. 782, 134. 02
77 62, 344, 393. 96
48 42, 058, 700. 00
I 332 408,268.957. 60
279 13, 749, 679. 13
129 18, 463, 259. 36
314 62, 967, 002. 84
52
3,120.987. 51
177
7,841,848.59
9
6, 403, 725. 92
13
1, 794, 000. 00
149 80. 84 7. 892. 30
14
1,513. 773. 54
191 117,743,219.27
118 37, 796, 187. Iii
77
7, 649, 284. 75
265 355, 653, 649. 37
$3,632,841. 96
187,048.27
5, 732. 719. 86
8, 520, 287. 99
I, 129, 192. 13
2,254,560.17
8,000.00
2, 615, 336. 01
3, 940, 182. 78
2, 424, 313. 55
757,710.33
34, 365, 685. 43
9,587,076.55
8, 499, 214. 28
1, 837, 7/iO. 58
3, 016, 468. 31
32,091,837.34
7, 868, 254. 21
8, 853, 608. 22
6, 034, 979. 83
93, 050, 046. 22
3, 498, 637. 01
2, 615. 628. 19
22,069, 816. 08
377,839.61
1, 449. 863. 51
223,394.36
356. 139. 92
10,876, 709. 19
539,419.14
19,469,381.47
9. 772. 258. 55
1,039,880.58
82, 827, 319. 69
$9, 313, 223. 91
I, 874, 251. 73
20, 926. 436. 63
117, 702, 097. 54
4,209,801.17
16, 243, 657. 56
249,000.00
27, 295, 965. 40
4,986. 115. 05
9, 286, 084. 44
2,902,146.39
184, 386. 398. 57
37. 809, 197. 45
54, 399, 450. 85
6, 964. 553. 73
17,329,389.29
86, 599, 325. 35
53, 913. 879. 81
53,419.469. 19
36,023, 720. 17
314,530,033. 29
10, 240. 942. 12
15,847,631.17
40, 838, 084. 57
2, 715,113.47
6, 391, 985. 08
6, 0/\1. 131. 56
1, 437. 860. 08
69. 902, 114. 11
974. 354. 40
97, 1"7, 535. 52
28, 023. 928. 96
6, 609, 404. I 7
250,785, 329.\4
See footnotes at end of table.
Digitized by
Google
$416,479.84
---- 1,072,
-- -- -------846, 92
101, i47, 92
7,404.74
737,116.00
---------------389,000.00
918,425.16
786,589.25
---------------50, 191. 745. 32
251. 33UO
190,624.65
227, 469,06
85. 673.40
19, 109. 184. 21
1, 178.15
172,87!AO
16, 035, 620, 66
60,674-:H
196,084.42
1,854.600, 59
103.077 97
148. 459. 73
126,300.00
2, 426. 830, 85
9. 433 90
11,043, 735.~
25, 098-40
62. 973-20
12, 072, 685. 84
C.
REPORT 01.<' UECOX8THlT'l'IOX FIXAXCE CORPORATION
23
4.-Number of authorizations and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, disbursements,
and amount outstanding, from Feb. 2, 1932, to June 30, 1938, inclusive, by
States 1-Continued
TABLE
BANKS AND TRUST COMPANIES (INCLUUING REfEl\'ERS, LIQUIDATING AGENTS AND CONSERVATORS)-
Cuntiuued
Nnm- :---nmher
bcr
or
State
f\11-
or
Amnnnt
thor- horiza- rowtiuns ers
authorized
Oklahoma •••.•••...•..... _ 299~1 $4, f.91. 874 . .'i,1
Oregon ........•............
22,5
80
9, 372, ~I. 88
Pennsylvania............. . 1, 11 i
52il 2W, 6ti7, 1.~Y. fi.5
Rhode Island ............. .
1, ~7:l 41:1. 40
6
2
South Carolina.••..••..•..
115
.~:l 21, 32.\ 941\. 13
2.,2
122
5, 140. !Ht\. 70
South Dakota •.....••••••..
4:l:l
)!lS 73, 117, 4:u. rn
Tennessee ...••••••••••....
Texas ......••.•••...•.... __
5o:l
2:lP 31, 4H8, 47-l. ~)
8. OCI, 3SS. 52
Utah._ ....••••••••.•.•••..
9:l
M
Vennont .....••••....•.....
R5
37
11. 2f>.l. 0911. r.:1
Virginia......••••.•.•..... _
234
l lfi 20, :llo, ROS. l\7
$1, 4fs1, 9i2. Of,
I, 557, 778. 38
50, 4tifi. 4.59. :16
2;;11. 6,\8. 36
2, .. ~,. 537. 52
1, OIHi. lf,:l. :lR
6, 371, 04fi. 67
Amount
disbursed
Amount out•
standing as
of June 30,
19381
$3,227,001.57
7,751,202.50
164,887,700.29
1, f>l:l. 755. 04
18,725,408.61
4,044,803. 32
66, 660, 784. 83
26,441,602. b8
5, 596, 235. 35
8. 955, 8C6. 86
16, 941, 256. 57
20,773,841. 79
21, 127. 355. 27
31,347,811.24
1, 196. ,532. 89
100,000.00
835,897.00
845,305. 75
·············•··
$135,820.26
5,566,895. 57
251. 933. 53
144. 304. 18
95,282.49
5, 769, 445. 39
3,129,880.07
206, 303. 97
360, 36R 64
96, 768. 58
1,609,576. 74
561,740.63
110,323. 7t
...•....•......•
..•.....••.....•
····••··•····•••
........••.....•
Total. ••••.•........• 15, 346! '7,350[2-522,324,078. 56 494,561,638.43 1,998,412,813.33
136. 863,912. 61>
1
-
Amount
with1lrawn
or cuncL~led
~~~~'.~~~~·::::::::::::
Wyoming ..•••••...........
~~~~i. ..•.•..............
Puerto Rico ••••.....••..•.
378
298
no
41
2
2
7
147
l:JJ<
444
17
2
2
5
32,4fi7,;i10.IJ\I
25, Ofi7. 35,,. 84
41,720.990. 81
1, 4Sfl . .'i7 4. 42
5, Clf.>fl, ~i2. 22
2,405, 1->3. 17
2. 148,179.77
3,374,552.10
ll,f\fil,044.30
3,613,800.57
10,317,179.57
290,041.53
100.000.00 ·····----····-14, I 03. 00
8.\0. Om. (Kl
2, 70:l, 000. 00
372,694. 2!i
BUILDING AND LOAN ASSOCIATIONS (INCLUDING RECEIVERS)
[Under sec. 5 or the Reconstruction Finance Corporation Act, as amended)
Alabama ..............••••.
Arkansas .•.•........•.••...
California..•.......•.•.•...
Colorado ..••.....•....•....
Connecticut ..........•....
&fa~!~::::::::::::::::::::
Indiana .............•......
3
45
50
I
8
1
73
rn
Iowa ..... .. ............... .
15
f;~~t:.·.::::::::::::::::
IR
Mnryland •. ·-·············
~~iN~'.~~·:·~~~~~~~~~~~~~
Montana .. ·············-··
Nevada ................... .
~:;
~~~-···········-···
North Carolina .......... ..
~~Ith Dakota ••...•..•....
0 ....... - ••••••••••••••.
Pennsylvania .••.......•.. _
South Carolina •.•.••......
South Dakota.•••..•.......
Tennessee ..........••.... _
Tera.s.. .•...••....... ..•...
Virginia .•..••.......••... _
;ashin~t(!D, •••......•....
est V1rg:m1a .•....•.•.•..•
:~~&:..................
33
23
24
5
4
1
4
1
279
36
85
3
239
77
28
7
6
24
13
5
17
89
5
3
28
32
1
8
1
70
If,
13
16
26
19
16
3
4
I
4
1
255
24
68
2
173
72
19
5
6
20
9
5
16
75
2
$1 II , 000. 00
$811. 96
2. 795,378.25
137,014.84
523, 756. 13
9,805, 134. P.I
110. ooo. ro
3,263.06
540,000.00
49, 242. 14
5,000.00 ··-·· --······-3, 9 . 9 o. 09
302, 971. 46
I, 68.1, 000. 00
22. 179. 40
1,1 32,800.00
25,110.25
1,440, 5C0. 00
54,488.39
3, 273, 800. 03
90, 800. 77
2, 463, 288. 63
130. 200. 87
2,091,287.87
221,494.69
107. 500. ('()
3, 226. 48
103, 5f.O. 00
7,502. 78
2.50, 000. 00
2, 230. 27
313, 605. 00
78, 068. 78
8-5. 000. 00
55, 000. 00
31. 579,693.02
1,708,241.20
9,267. 159. 38
1,961.134. 86
3,580,0 18.39
75,868.94
155, 000. 00
3, 022. 75
52,178,834.58 22,547,623.40
4, 122, 100. 00
159,297.39
1,668, 049.11
149,228.63
261,077.02
15. 011. 55
290, 000. 00
405. 15
1, 718,150. 00
10.'i, 416. 04
975, 662. 35
25, 050. 90
849,000.00
5, 591. 24
1,626,000. 00
15,681. 12
9, 041, 000. 00
463, 21 I. 79
815,611.87
83,472.88
Total................ I, 236 1,013 148,445,199.40
29,025,680.11
$110, 1!'!8. 04
2, 658, 363. 41
9,281,378.68
106,736.94
499, 757.86
5,000.00
3. 6 6, 017. 03
1,660,820.60
1,107,689. 75
1,395,0 11.61
3, 182. 999. 20
2,331,087. 76
1, 8R9, 793. 18
104,273.52
95,997. 22
247, 7R9. ?a
235,536.22
30,000.00
29,246.590. 64
7,306,024.52
3,504,149.45
151. 977. 25
29, 631, 211. 18
3, 962, 802. 61
1,518,820. 48
246,065.47
289,594.85
1,612,733.96
950,611.45
158,408. 76
1,610,318.88
8, 5n, 788. 21
732, 138. 99
··•············•
$21, 970. 88
············· ···
······· ··· ·· ···•
····· · ······-· ··
················
55, 943. 33
··••····· ·······
..•••.......... .
............... .
521. 405. n
233,914. 82
•.. .............
.•........••.. . •
····•··•····· ···
118, 109,658. 11
2,309,615.61
.. ...•..........
····•··•····• •·•
....•... ....... .
879,911.52
....••.....••.••
·······••·••·•·•
····•····•······
247, 339. 88
26, 139. 06
·•····•····•·•••
··•· •···•••·· • ·•
....•••.•.•. ...•
··········•·····
........••.. ••.•
...... ..•• . ..•.•
.• ........ ••.•.•
2, ooo. oo
320, 989. 3()
See footnotes at end of table.
Digitized by
Google
24
REPORT OF RECONSTRUCTION FINANCE CORPORATION
4.-Number of authorizations and borrowers, to which authorizatiom..,.
made; and amount of authorizations, withdrawals or cancelationa, diaburHIIICIII,,
and · amount outstanding, from Feb. 2, 1932, to June 30, 1938, incluritc, bp
States 1-Continued
TABLE
INSURANCE COMPANIES
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
State
Alabama .... _·······-······
Arkansas .. -·· .. ···-··· ... .
Colorado .................. .
District of Columbia . ... _..
Florida ................... .
lllinois.-··-·· ............. .
Indiana ...... ··-··· ....... .
Iowa ... _·-····-············
Kansas .. ·-·-·· ·· ......... .
Ei~i~~~L~~::::::::::::::
Maryland ................ .
Michigan .............. .. . .
Minnesota.·-·-·· ......... .
Mississippi_.·-·· ....... ·-·
MissourL.----··-·· ...... .
Nehrnska·--·-······ ... . .. .
New Jersey ............... .
New York ..... .. ......... .
North Carolina ........... .
North Dakota ............ .
Ohio.·-······-·-·-········ ·
Oklahoma.-·-·--·· ·· ... .. .
Pennsylvania_._ .......... .
South Carolina_··· · · ··· ·-·
South Dakota .... ........ _.
Tenne~see- _______________ _
Num. Num.
her
her
of
thor• bor•
iza- rowtions ers
of au•
6
4
3
4
I
I
I
2
27
JO
24
7
I
2
6
16
2
3
13
10
6
17
7
2
6
3
6
Wisconsin __ ---·.····-· ... .
3
I
4
12
I
3
2
Tota!_ __ .·-····-·----
208
ir~1~,-ia.-:::
:: ::: :: ::::::::
West Virginia ..... ... .. . . .
I
2
14
6
13
7
I
2
2
JO
2
I
6
6
5
9
5
2
4
2
5
2
I
3
9
I
2
2
Amount
authorized
Amount
withdrawn
or canceled
Amonnlou~
Amount
disbursed
standinr &1
ofJane30,
1938 1
$339. 050. 00
$41,300.00
$297,750.00 ---·· ··•--43,;, 000. 00
80, 000. 00
355. 000. 00
SM, • •
50,000. 00 ··-·•-·-·----·50,000.00 ·····-···· 75, 000. 00 ···---····-·-··
75,000. 00 ··-···--33, 000. 00 ·---•··----·-··
33,000.00 ·····-··R, 028, 500. 00
96, 042. 28
5, 932, 457. 72
Jat,al
4, 498, 000. 00
1, 262, 021. 45
3, 235, 978. 55 ········-·3, 653, 000. 00
102, 200. 84
3, 550, 709. 16
129,•1
422,000.00
87,983.34
334,016. 66 ········-1. 000, 000. 00
1,000, 000.00 --·••·········•·· ·······•--,-.
I, 270,000.00
21,943. 75
I, 248,056. 25
ttl,•I
13,985,000.00 ·••·• · · ········
13, 985,000.00 ······· ·· · 4, 816; 913. 16
609,394. 50
4,201, srn. 20
u,11111.n
28,500.00
6,000.00
22,500.00 ···········-ll2, 000. 00 ···••···•--·-··
112,000.00 ···········8, 927, 891. 91
298, 218. 63
8, 614, 574. 76
I, INl8, • ·
2,399, 150.00
401,663.56
1,997,486.44
38,4Jl■
902,000.00
88,500.00
813,500.00
Zl7,0IH
28,483, 600. oo
1,086. 357. 04
'Zl, 397, 242. oo
3114, in•
I, 932, 500. 00
112. 50
1, 932, 387. 50 ••••••...••.....
74. 500. 00
5,000.00
69,500.00 •••••··········•
15, 865. 000. t'O
7, 033, 661. 80
8, 831, 338. :I> ··············275, 000. 00
I, 950. 00
'Zl3, 050. 00 .•••............
I, 81fi. 225. 47
744,325.47
1,071, 900.00 ••••..........•.
504,000.00 ··-···· ······· ·
504,000.00 ··············50, 000. 00 -···•·· · ·······
50, 000.00 ········· ···-·
711, 000.00
34, 125. 51
676, 874.49
-··
4.170, 731. 66
44,083. 24
4,126,648. 42
...
385. 196. 62
10, 104. 37
375, 092. 25 · · · · · · · - 736. 990. 77
276,363.58
460, 6'Zl. 19 ·······-·60. 000. 00 _...... .. .... ..
60,000.0C ····· · · · · · -
133 104, 039, 750. I 9
13, 331, 441. 86
1
3. 5:11, 451.8
90, 693, 209.81
MORTGAGE LOAN COMPANIES
1Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
Alabama...................
16
Arizona ........ ·-··········
I
Arkansas ... _.......... ....
6
California.. _.. ........... __
9
Oolorado..... . ....... _.....
8
Connecticut ... -·•-···-···4
District of Columbia...... .
6
Florida............. .......
8
Oeorgia.•. . -········ ·· ··· ·21
Idaho................ ......
3
Illinois................ .....
47
Indiana.......... ..........
I
Iowa ... .............. . .. _..
4
3
Kansas .. ........ .... . _....
Kentucky_....... .........
2
Loulslana ... .... _..........
18
Maine .............. ·-·····
I
Maryland_·· ····-·········
29
Massachusetts . .... . ·-···-64
Michigan ..... ·-······-···87
Minnesota....... •··-······
4
2
Mississippi. ..... ·-···-····
Missouri.. .. ... .. .. -.......
16
Montana.········• ·-•····I
Nebraska ...... ······-•·-··
8
Nevada ................. _..
3
New Jersey._. ... . .........
38
New Mexico. •··· · ····-····
5
New York •............. _..
54
See footnotes at end of table.
9
!
$1,922,760.55
1.
!gg:~8:88
$532,340. 00
$1,390,419. 6.'i
$1111,IAI
~ggJ&g:gg --···1;ioi;aai:es ······m;.a
·······•·1
750. 88
48
68,259,742.96
I, 082,
87 69,342,493.44
J, 374,000. 00
29, 003.
I, 344,096. 12
f, '
3
I, 6i5, 000. 00
315,243.38
I, 359,756.62
31,
4
I, 114,532.60 ..•.•.. ..... ...
1,059,857.60
Olf.
4
878,032.99
95,719.61
782,313.38
Ml,
10
I, 811,994.51
483,864.88
I, 328, 129.113
•
3
2, 4 l 4, 000. 00
44, 023, 52
2, 369,976.48
12 10,794,669.90
6,261,230.38
4,533,439.52
. ..
I
220, 000. 00
22, 508. 08
197,491. 92
IJli
2
2,773,550.00
2,773,550.00 -·········-· · ···· ·····-2
97,500.00
47,500.00
50,000.00 ..••••92,500.00
42,500.00
50,000. 00
111
6,483,502.37
2,157,982.88
4,325,519.49
J.4M,
I
3,200,000.00 ..•......•.....
3, !llO,OC0.00
l,40,
23 25, 114, 852. 97
3, 228, 098. 72
21, 886,754. 25
, ....
21 28,667,648.32
3,400,758. 52
25, HI,889.!IO
u,1-.. .
60 13,437,762.29
4,740,920.36
8,624,841.113
I'll,
4
3,102,500.00
67,500.00
3,036,000.00 ······ · · · · I
617,477.67
3,200.00
614,ffl.67 .......... ji.j
IO
5, 989, 250. CO
I, 410, 724. 69
4, 578, 62&. 31
1, I
156,370.00
202. 39
1116, 167.61. .........••
4
695, 225. QO
40, 978. 56
654,246.44
..• •
2
I, 510,306.19
395,962.33
I, 114, 343.1!8
321. • •
25 23,074,188, 99
6,027,122.96
16,736,000.22
7,2111,311,.
4
209,000. 00
60,000.00
149,000.00
31 146,022,300.00 80,817,889.70
65,204,410.30 M.911.
··•••···•11
·······-1·
'.i,11
I
25
REPORT OF RECONSTRUCTION FINANCE CORPORATION
4.-Number of authorizations and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, disbursements,
and amount outstanding, from Feb. 2, 1932, to June 30, 1938, inclusive, by
States 1-Continued
'TABLE
MORTGAGE LOAN COMPANIES-Continued
State
Nurn- Num
ber
ber
of au- of
thor- bor•
Amount
authorized
row-
iza-
tions
Amount
withdrawn
or canceled
Amount out
standin~ as
of June 30,
Amount
disbursed
1938 I
ers
-25
1
27
18
9
23
3
34
58
2
13
17
3
8
North Carolina .• --·--··-·Korth Dakota_ •• ____ .. ____
Ohio__ ·-------·-----···-·-Oklahoma_···-··-·--·--·-_
Oregon_··----····--···-·- Pennsylvania.. _•. ___ -·--·South Dakota .... ---·----Tennessee..•. •--·-_-·-·--Texas_ .... _.. __ .-· __ -·_-· __
nah_···--------··-------Virginia_···-····--·-··----':ashi1;1Jlton,. ·--·---- _____
\\est, 1rgm1a..••. _________
Wisconsin_ ••... _.. _- - -·- - -
Total.. _______ -- -- -..
Loans to The RFC Mort•
gage Co.•······•--·--··--
- 710
12
--
Grand total.·-··---·-
722
11
1
20
16
3
10
1
11
34
2
10
12
3
4
$5, 718, 958. 96
65, oco. CO
42, 968, 048. 24
4, 879, 650. 00
1, 241, 420. 25
6,081,475.00
6, 576, oco. 00
10. 072, 165. 53
22,713,976. 26
I, 285, 000. CO
5, 939, 921. 89
7, 966, 825. 23
72,500.00
6, 488, 762. 92
$906, 587. 20
245. 00
1,862,081. 22
121,483.56
6~2. 522. 55
1,478, 550. II
2,731,262.25
2,048,261.14
2,667,754.16
50,000.00
1, 228, 995. 63
755, 147. 95
11,500.00
1, 842, 785, 61
$4, 812, 371. 76
64, 755.00
41, 105,967.02
4, 758, 166. 44
548,897. 70
4, 602, 924. 89
3,844, 737. 75
7,840,240.18
20, 046, 222. 10
I, 235, OCO. 00
3, 344, 984. 86
7,000,677.28
61,000.00
4, 645,977.31
$1,277,046. 68
--------------1, 106, 066. 08
275,009.00
---------------3, 424, 686. 07
---------------3,368,827. 6g
5, 422, 328. 37
---------------2, 042, 279. 36
831,480.62
15,262.77
50,500.00
413 4 76, 294, 622. 07 131,001,820.32
343, 059, 455. 33
---------------
79, 171, 156. 61
15,010,600.34
414 561,316,258.69 131,001,820.32
422, 230, 611. 94
98, 367,731.26
1
85,021,636.82
83,357, 130. g2
CREDIT UNIONS
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
Massachusetts ____ -·-·- ___ _
Michigan .• ·-·-·-_-·-·-·-·Minnesota.._._._._._ - -·-·New York __ ··-·---·-----·Rhode Island .• ·-·-·-----·\'irginia •••• , ·-· -· _. -·- - -. TotaL •• _._. __ -···-·-
3
1
1
I
2
2
2
1
1
1
1
1
$74, 555. co
$!'43. 42
$73, 711. 58
$16, 747. 58
65, 0(0. CO
9, 5C4. rn
56,495. 70 --·········-·-··
10, oco. CO
261. 29
9,738.71 ----·-····--·--·
ZO,OCO.CO
20,C(0.CO ------·------·-·- --·---·-··--·-··
467,446. CO
12,263. co
455, 183. 00
106,430.00
5,966, EO ___________ --·5,966. EO --·-·-·-- -·- __ ••
642,967.80
10
42, 8i2.0l
600,C95. 79
123,177.58
JOINT-STOCK LAND BANKS
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
Alabama_····-··-· _______ - _
Arkansas_.···-···-----·- -California_.···-·····- --- -·Colorado__ ···--·-·- - --· --- ,Georgia_._-·-· ___ ._._. ____ _
Illinois_____ ·-·-···-·- _____ _
Indiana______ .. _-···-·- ___ _
Iowa·------·-···-------·---
West Virginia-····-··-·····
I
3
4
5
2
2
4
3
1
2
2
1
8
5
2
8
3
4
1
2
1
1
1
1
1
1
2
2
1
1
1
1
2
3
1
1
2
2
1
1
$575,000.00
590, oco. 00
3,485, oco. 00
2, 494,772.68
205,000.CO
3,645,300.00
335,000.00
2,150,000.00
330, 000. 00
82,500.00
1,035,000.00
185,000.00
2, 766, 000. 00
2,931,000.00
401,000.00
2,185,000.00
190,000.00
2,636,000.00
550,000.00
1,700,000.00
Total_ ..•••... -······
63
27
28,471,572.68
fi~fs~;~[:::=:::: :: ::::::::
tll~t:o~a:::::::::::::::::
Kebraska ____ . __ -· '·-- ____ _
North Carolina •.. -----·--Pennsylvania __ ··· ---·- - -- South Carolina ..•. ____ . -•.
Tennessee.-· __ .. -· __ -· __ ._
n:r-=::::::::::::::::::::
--··----------$575,000.00
$562,007.80
$104,811.41
485,188.59
194,802.87
342,472. 72
3,142,527.28 -- --·-- _-- ----··
80,763.00
1,767,046.53
553,037. 75
--··-·--------205,000.00 ······--------··
1,383,306.72
2,261,993.28 -·--··-····---··
62,078.76
272,921.24 ----·-----·-····
170,012.90
1,979,987.10 --------·-····-330,000.00 ·-··-·-·--------- --·-------·-·-··
-···- __ ---- -- -82,500.00 ···--- --·-·-····
158,213.06
876,786.94 -··-----------··
-····· -·····-·185,000. co --···-·---- -- --·
516, 000. 00
1, 690,000. 00
757, 693. 66
122,906.92
2,777,386.04
1,815,919. 72
19,148.24
381,851. 76
234,891.88
1,168,463.98
1,016,536.02 __ •.. _.------···
100, oco. 00
90,000.00 --·-------- -·--·
719,965.48
1,916,034.52
451,510.16
l,i67.58
548,232.42--···---------··
535, 102. 67
1,164,897.33
525,975.47
5,815,014.34
21,418,889.05
5, 095, 839. 31
See footnotes at end of table.
Digitized by
Google
26
REPORT OF RECONSTRUCTION FINANCE CORPORATION
4.-Number of authorizations and borrowers, to which authorizations wertt
made; and amount of authorizations, withdrawals or cancelations, disbursements,
and amount outstanding, from Feb. 2, 1932, to June 30, 1938, inclusive, by
State,s 1-Continued
TABLE
AGRICULTURAL CREDIT CORPORATIONS
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
Num-Num.
ber
ber
of au• of
tbor• bor•
State
Amount
authorized
iza- rowtions ers
Arizona....................
Arkansas..................
Colorado...................
Florida....................
Idaho......................
t>o':;fsi ana... .. ... .. .. .. .. . .
New York.................
North Dakota.............
Ore1Zon. ...................
South Carolina............
Tennessee. . . • . . . . . . . . . . . . .
Texas......................
Washington...............
Total................
1
1
2
2
1
1
5
4
3
7
~
!
2
1
I
1
15
1
I
1
2
2
2
1
203
4
-250
--20
Amount
withdrawn
or canceled
$880,000.00 ···············
214,135.95 ···············
71,455.31
$11,500.00
435. 000. 00 ....... .. ......
63,889.60
5,167.00
480,000.00
25,000.00
120. ooo. oo
......... ......
Amount outstanding as
ol June 30,
Amount
disbursed
$880,000.00
214,135.95
59,955.31
435,000.00
58,722.60
455,000.00
120. or.o. co
1938 1
··•·············
$39,674.5<>
............••.•
..............•.
······•·····•·••
.............•••
............... .
397, 2.11. 46
164,660.72
232,590. 74 ·······•···•····
1.0C0.00 ...............
1,000.00 ..•............•
116,790.30 ············· ..
116,790.30 ............... .
58,500.00
58,500.00 ···•············· ··•··· ··•·······
124,250.00
124,250.00 ····•····· ...........•..........•
9.5, 491. 08
6,239.95
89. 251.13 ·•·············•
3,063,103.89
81,931. 70
2,981,172.19
45,312. 6!
6, 120, 867. 59
477, 249. 37
5, 643, 618. 22
84, 987. 11
LIVESTOCK CREDIT CORPORATIONS
[Under sec. 5 ol the Reconstruction Finance Corporation Act, as amended]
Colorado .•.•..............
Idaho ..................... .
Missouri .•.................
Montana •.....•...........
New Mexico .............. .
Ore1?on .•.•....•...........
Texas..................... .
Utah ...•........•....•....
Wyoming..••....•.•...•...
Total. •••••••••••....
4
2
30
2
1
1
38
3
9
1
4
1
4
3
35
2
29
4
- 154
--19
$311.2,850.00
$244,400.00
$138,450.00 ··•·············
2,132,035.29
101,800.00
2,030,235.29 ..•............•
421,000.00
421,000.00 ..••...... ······· .............•••
2,142,250. on
140,900. oo
1,996,350. oo ............•..•
874,441.51
106,249.88
768,191.63 ....•......•..••
270,740.00
28,450.00
242,290.00 ..•.......••••.•
2. 468,425.03
25, 9qo_ oo
2,442,445.03 ...•......•..•.•
3,477,443.10
304,826.12
3,172,616.98 .........•••••.•
2, 342, 142. 951 _ _1_6_1:...'1_2_3._1_91 _ _2..c.,_18_1.c..,0_1_9_.7_6+·-·_·_·._._
.._._
.._._··~··
14,511,327, 88
I, 539,729.19
12,971,598.69 ..•..........•••
PROCESSORS, OR DISTRIBUTORS SURJECT TO PROCESSING TAXES
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
Connecticut...............
1
1
~~~\~~..:===::::::::::::::
!}
}}
~~io Jersey...... -.........
Pennsylvania..... ·-·•···•·
1
1
Tennessee .•......... ·-····
1
1
Total. •••.........•.• - - 7 - - 7
$567. 68 ·-·············
$567. 68 ..••••••.....•••
3,428.00 ··•-···········
3,428.00 ··············-·
487. 90
$487. 90 ..•.............. ······--········
3,300.00
3,300.00 ..••....•..•..... ··-·············
7,400.00
7,400.00 ·····-·········· ... ····-········3, 905. 69 ········- .. ... .
3,905. 6ll ..•. ·······•··••
7,000.00
183. 31
6,816.69 ··············••
26,089.27
11,371.21
14,718.06 ··-·••··········
STATE FUNDS CREATED FOR THE PURPOSE OF INSURING REPAYMENT OF DEPOSITS OF PURUC
Momn
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
Wisconsin•.•••...•.••• •·•· 1--31--111-$_1_3_,0_8_1,_1_1s_._88_~__$_:.1_3,_o_84_._1o_~_s1_3_,o_6_4_,6_3_1._181 ..•... ··-·······
Total................
3
1
13,087,715.88
23,084.70
13,064, 631,-18 -···············
BORROWERS ENGAGED IN THE FISHING INDUSTRY
[Under sec. 5 ol the Reconstruction Finance Corporation Act, as amended]
Florida ••.. -· ...••.•.....•.
Oeorg!a.•.... -........•... Maine_ ...... -...•.•....••.
Massachusetts •...... ·-····
Oregon.•.... _····-· ...... _
South Carolina••••.... -.. .
Virginia ............ _.•..•.
Washington •.•.. ·····-····
12
4
2
3
2
1
1
2
Total. •.. -· .••• -·· •. -
27
9
2
2
3
2
1
1
2
$57, 100. 00
76, 500. 00
600. 00
29,000.00
525,000.00
22,000.00
42,500.00
57,000.00
$44,900.00
35,000. 00
········-······
··•············
··••······-····
········-······
..•.....•..••••
····-·········-
$12,200,00
31,375.00
600.00
29,000.00
525,000.00
22,000.00
42,500.00
57,000.00
$2,300.0012,600.01
550.00
7, 183.811340,000.00
17,431.68
39, 000.0056, 250.00-
22
.809,700.00
79,900.00
719,675.00
475,315.58:
--·'------
See footnotes at end of table.
Digitized by
Google
27
REPORT OF HECO:-.iHTRl'("l'IO:\' FINA~CE CORPORATION
4.-Number of authorizations and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, disbursements,
and amount outstanding, from Feb. 2, 1932, to June 30, 1938, inclusive, by
States 1-Continued
TABLE
TOTAL, SEC. 5c OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS
AMENDED
[Subscriptions for stock or mortgage Joan companies]
Num- Numher
her
BU•
or
thor- horiza- rowtiiins ers
A mo11n t
authorized
- -1 - -
$1.2.'i0.000.00 $1.250.000.00 ·•······· ....•. ···········•····
I, 250. \WO. CO
1,250,000.00
$25, ooo. oco: co · ·
25.000,000. 00 ···············
of
State
Illinois ...........••••......
Total. .............. .
The RFC Mortgage Co.•- ..
Federal National Mortgage
Association 4____________ _
Grand total.. ....... .
3
Ammmt
withdrawn
or canl'Cled
Amount out.
standing as
of June 30,
Amount
dishur~ed
1938 I
i25; ooo; ooo: oo
1
1 11.000,000.co
5 --3·l--3-7,-2-50-.-o-uu·.·~oo
1. 250. oco. co
I I, 000, 000. CO
11, 000. 000. 00
:!6, uuo, coo. co
36,000,000.00
TOTAL, AUTHORIZATIONS TO RUSINEf:S ENTERPRISES UNDER SEC. 5d OF THE"
RECONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED
[Direct loans to business enterprises, including participations]
Alabama
.•.•..............
Arizona ____________________
Arkansas __________________
California _______________ -Colorado .. _...............
Connecticut.• _............
Delaware ..................
District of Columbia.......
Florida .•..................
Georgia ____ -------------- --
Idaho ....•.................
Illinois .. _..................
Indiana
_____ ------------- -IO\\·a _______________________
Kansas. ____________ -- ---- Kentucky .................
Louisiana_____ ----------- -~[aine .....................
~laryland .................
~!assachusetts .............
~[ichigan._ ................
Minnesota _________________
~1ississippL _______________
:\lissourL _______________ - - \1ontana __________________
!\ebraska ..................
!\evada....................
:-!ew Hampshire...........
New Jersey .....•.•...•....
New Mexico...............
Xew York .................
Xorth Carolina .....•......
Xorth Dakota .•.•.........
Ohio....•..................
Oklahoma ..... ··--···· ....
Oregon.-··················
Pennsylvania ..... _•.......
Rhode Island ..... _...•....
South Carolina .......•....
South Dakota ..•....•.....
Tennessee _________________
Texas.....................
Utah .........•••..•.......
Vermont ................•..
Virginia ___________________
Washin!!'.ton. ·-······-··•·.
West Virginia •.•...........
Wisconsin .••...•.•...•....
Wyoming.···········-·····
Alaska •.. •···········-··•··
Hawaii_···············-···
Puerto Rico •• -········-···
65
5
64
48
25
44
7
18
104
241
24
162
77
28
fi8
75
22
II
64
J5f,
123
51
30
120
23
48
2
5
174
6
4117
80
61
5
60
42
22
36
7
14
92
211
20
141
n
26
55
71
20
II
53
138
11\l
47
29
108
20
41
2
4
144
4
391
73
II
9
181
21
SI
Jt.4
259
23
29
II
97
107
16
IO
43
I 761
37
45
2
I
I
13
19
71
214
18
24
II
87
JOI
12
8
39
734
31
43
1
1
I
13
$1, 986, 723. 33
443, 20(1. co
5,375.024. 10
5,447, 41JO. CO
7!•9, 000. 00
3,868.000. co
3fi0, 0110. co
379,510.00
2,631,625.00
6, ~84, 478. 43
766. r,co. co
13,074.518. 65
3, 728, .'iOO. 00
I, 396, 0(,0. CO
I, 0811, I 88. 27
3,123,450.00
701. (JOO. GO
269, ir,o. oo
3, S25, 791. 67
7, [,87, 91 10. 21
10,448,066.07
I, 2:,0, SCO. 00
858,630.00
8, 8~4. 400. 00
352,742.50
1,097,440, 69
95,121.93
90.'i, 000. 00
16,473, 66.3. 27
318, 01;0. 00
22,271, 412. f,0
4,578, 932. 14
683. 560. 00
13, ISO, 6:l8. 44
587, 1)()(). 00
5, 552, 850. 00
21, 35.'i, :l84. 00
3, 4:l~, 000. 00
2, 973. 000. 00
78,000.00
5,483, 168. 74
1,878.375. 00
633,145.32
303, 100. no
1, 9!J3, 100. 00
7,421,620.16
1,393,931.17
3, 820, 050. 00
17. 500. 00
II. 000. 00
200,000.00
704,500.00
Total................ 4, 176 3, 731 202,978,581.69
$412,950.00
--------------335. 316. 67
939,142.04
384, i'33. 80
1,157,972. 32
12,500. uo
41,WO.t:O
234,181.00
2, 100, cos. 68
42,549.00
4, JC9, 469. 48
716,500.22
4;39, 500.UO
202,250.00
1,201,588. IO
143. 000. co
II I, f,,50. 00
1,121,513.67
2, 753, 4fi0. 74
I, 841,882.63
523, 102. 09
4 I 7, 6PO. f,0
I, 498,212.76
75,992.50
237,375.00
24, 124, 14
135,000.00
7,159,450.00
95,000.00
8, I 72, 636. 95
1, 354, 443. 03
11,600.00
3, IOI, 814. 14
88,000.00
1,562,632.12
7, 256, I 24. 48
29.\ 000. 00
779,428.58
43,050.00
803,175.01
629,509.65
IOI, 500. 00
126,190.50
809,109.26
1,643, 9.50. 37
6f.7, 435. 21
1, 566, 550. 97
--------------II, 000. 00
200,000.00
12,000.00
57, i02, 852. II
$650,783.33
65, OGO.CO
4,713,150.00
1,742,036.00
218,666.20
2, 6C4, 500. CO
300,000. co
88,500.00
1, 318, 784, 34
3,354,021.05
542,608.81
7,838, 702. II
2, 252, 599. 78
791,500. ro
759,638.27
1, 094, 583. 33
361,596.55
IIJ0,000. 00
2, 173, 458. 00
3,991,246.36
5, 542, 849. 98
449,552.38
213,575, 00
4, 131, i46. 07
176,250.00
2RO, 937. 64
70. 997. 79
765,283.00
8,501, 4·3. 27
125, coo. 00
10,831, 24.'i. 65
2,578,413.92
440,638.60
7, 389. 699. 73
141, [,00. 00
3,559, Ill. 29
12,146.806. 5fi
2, 976, 000. 00
525, 176. 9i
20,550.00
3,241,343.13
581,315.35
444,145.32
171,309.50
626,475. 74
3,303,814.46
571', 39.1. 95
1, 232, 999. 03
7, 50~. 00
$555,014.62
45,0C0.00
4, 065. 823. 46
1, 203, 9C8. 13
148,653.99
1, 762, 163. 29
---------------62,250.00
904,445, 26
1, 896, mo. 98
408,501.07
5, 978, 822. 76
1,775,974.91
492,706.30
436,599.01
751,391.19
201,228.16
2.3, ,500.00
1,377,425.00
2, 796, 5fl2. 49
3,816,393. 94
91,604.05
123,973.32
2, 5~3. P05. 37
74,408.16
146,112.44
---------------6.'i8, 685. 96
6,987,249.15
11. oro. oo
7,704,568.41
1, 606, 324. 86
415,060.67
5,306,912.30
72,158.72
2, 235, 234. 04
9, 776, 876. 45
2,513,812. 77
103,731.00
IO, iOO. 43
2, 547, 985. 98
349,701.55
39R, 399. 50
120, 13:l. 89
224,165.03
2, 453, 572. 64
337,091.90
721,971. 76
7,500.00
----------------- ---------------·
-------------------------------152,500.00
85,671.63
106, 169. 990. 46
76, 371, 966. 54
See footnotes at end of table.
Digitized by
Google
28
REPORT OF RECONSTRUCTION FINANCE CORPORATION
4.-Number of authoriwtiofl8 and bo"owers, to which authorization, weremade; and amount of authorizations, withdrawals or cancelations, dubursements,
and amount outstanding, from Feb. 2, 1932, to June SO, 1938, inclusive, by·
States 1-Continued
TABLE
LOANS TO BUSINESS ENTBBPRIBE8
(Under sec. 5d ol the Reconstruction Finance Corporation Act, as amended]
State
Num• Number ber
of au• of
thor- bor•
izs-
lions
Alaban!a .•.•.•••.. ••. •••••.
Arizona •........ .••• •••.•..
Arkansas .......•.•••...••.
Cautornia ... ~ .....••....•.
Colorado... .......••...••..
Conne~tlcu t. ..............
Delaware •.......... • ..•...
District or Columbia.......
Florida • ......•...• •..•....
Georgia .. ........• ••. ......
Idaho •..............•...•.
Illinois ....•..... •••..... ..
Indiana...........••....•..
Iowa ••..... .......••• .... ..
Kansas ..•....•...••• . .....
Kentucky ..........•......
.Louisiana ..... ... •.••... ...
Maine .. ...... ...• •••......
Mnryland .....•...•..•....
Massachusetts .....•.......
Michigan ......•••••.......
Minnesota .......•.•.......
MiMissippi. .... ..••.•. ....
Missouri.. . .... ........ ....
Montana ........•.•.•.....
Nebffll!ka ........ ••••..••..
Nevada......... •••••.....
New Hampshire ..•••....•.
New Jersey ...•..•.••.•.•..
New Mexico ... .••• •.......
New York .......•• •• •... ..
North Carolina ••••••......
North Dakota ••.•••...••..
Ohio ••. ...•...••..••.•...••
Oklahoma ...••.•••••....••
ore,on ........•••.••..••••
Pennsylvania ...•••••..•••.
Rhode lslancl ..•• .• ••....•.
South Carolina .••••••...••
South Dakota •••.••...••••
Tennessee .•..••..••.....••
Texas .•.•.•.•••.•.•••....••
Utah ••......•.••••.•••••••
Vermont ...•.... . .• ••• .....
Virginia . .........• •••.••..
Washington ....... •..•.• •.
West Virginia .....•••......
WiscOIISin .........• •• ••....
Wyoming .........••.......
Alaska •.. ......... . •• . .....
Puerto Rico ..•.•.•••......
47
3
53
42
22
34
7
17
100
190
19
I.~!
65
2i
48
I\()
17
10
58
133
106
or
43
3
49
37
19
26
7
13
90
162
16
130
61
25
46
57
15
10
4S
116
102
26
24
90
13
46
2
3
140
4
414
64
9
133
18
38
2
3
114
2
343
57
7
Ill
ija
56
218
18
175
13
18
R
55
86
10
5
31
703
23
31
1
I
13
22
8
61
91
14
7
31
'723
27
32
2
1
13
Amount
withdrawn
or canceled
Amount out•
standin~ as
or June 3~
Amount
disbursed
19381
ers
2S
-Total. .•••.•••••.•••• 3,544
PUIICIU.SBS
row-
25
10::
14
Amount
authorized
16
$1, 016, 700. 00
105, 700.00
4, 900, 924. JO
4, 853, 900. 00
745,000, 00
3, 513, 500. 00
360,000.00
360, 760. 00
2, 517, 375, 00
4,851,886. 77
724, 400, 00
12, 739, i68. 65
3, 480, 600. 00
1, 384, 000, 00
761,354, 94
I, 975, 050. 00
619,300.00
199, 150.00
3. 265, 151. 67
6, 502, i50. 00
8, 937, 006. 07
764,600.00
712,880.00
6, 385, 950. 00
190,500.00
921,190.69
95,121.93
RIO, 000. 00
15, 430, 433. 27
130,000.00
10,569, 742, 60
3, 667, 807. 14
682, 000,00
10, 592, 683, 34
457,500.00
4, 057, 700. 00
18, 784, m. oo
2, 722, 000. 00
1, 33S, 800. 00
22,750.00
3, 521. 2b0. 00
1, 600, 700. 00
607, 645.32
272,000.00
1, 575, 000. 00
6, 3.18, 870, 16
1,068, 745, 45
3, 0211, 800. 00
17,500.00
11 , 000.00
794, 500, 00
3,150 170, 143, 141. IO
65,000.00
692, 964,00
12,500.00
41,500.00
189,931.00
], 529,289.02
35,849.00
3, 913, 969, 48
686,000, 22
427,500, 00
112, 750, 00
614,600, 00
138, liOO, 00
111, f>50, 00
1, 106, 713, 6i
2, 321, 238. 5R
I, 479, 3R2. 63
350, 000, 00
407, 680. 00
], 182, 305, 56
16,500.00
133,500.00
24,124, 14
115,000.00
6, 865, 200. 00
95,000.00
6, 728, I 90. 57
947,500, 72
11,000.00
2,317,702.00
83,000.00
668,882, 12
6, 448, 404, 48
291 , 000, 00
690,123, 0.1
8,050, 00
532,902.86
616,884, 65
IOI, 500. 00
91!,690,50
690, 009, 26
1, 742, 036, 00
202,000.00
2, 484, 500. 00
300,000.00
88,500.00
1, 31R, 784. 34
2, 388, 11l6. 05
536,608.81
7, n5, 452. 11
2, 162, 199. 78
791,500. 00
637,804. 94
782, 500. 00
:111,596.65
30,000. 00
1, 637, 458, 00
3, 891, 428. 52
5,327,849, 91!
252,266, 67
213,575. 00
4, 060, 176, 07
123,000, 00
280, 1137. 64
70,997, 71)
695,000, 00
8, 006, 233. 27
25,000.00
10, 525, 052. 03
2, 204, 413. 92
439,678.60
6,717,592, 59
141,500.00
2, 967, 111. 29
10, 743, 156, 56
2, 276, 000. 00
52/i, 176. 9i
14,700, 00
2, 715, 843, 13
563,815.35
444, 145, 32
173, 309, 50
626, 475. 74
1sa, 189. 46
511,145.95
1, 009, 300, 00
7,500. 00
H2, U0. 00
1, 646, 963. 29
---------------62,250, 00
904,445.26
1, 270, 301. 26
403, 385.86
s, 875, 572. 1a
1,700,47 1.91
492, i06. ~
336,173. i9
573,200. 71
163, 728. lff
23,000.00
1, 341, 4:15. 00
2, 724, 794. 30
3,651,371. 5~
69,341.67
123,973.32
2, 629, 279. 40
43,U.S, 15
H6,ll2.¼4
--.. -----------623,402.96
6, 695, 003. 73
11,000. 00
7,517, 156. 11
1, 568, 80¼. 83
414,598. i2
4. 735, m .sr
72, 15S, i2
1,784,661 , s.;
8,577,063. ~
1, 964, 4;v, ti
103, T.ll.00
5,670.23
2, 284,349. 60
335, O,IS. 71
3\16, 399. 50
120, 1:13. >!9
224, 165.03
a,
1, 112, 226. 11
496,499, 50
1,457,500.00
12,000.00
4, oos. 530, 38
1, 203, ~- 13.
4, 643, 116, 67
3/i6,/IOO.OO
960,00) 00
--------------11, 000. 00
$395, 60'.l. 64
45,000. 00,
$469,450.00
$321, 250. 00
-------------·
158,150.00
2,360, 31i9. 96
284,829.116
704,955. 20
7,500. 00
-- ------·-------- ·------------85, 671. 63
152,500.00
47, 722, 613. 10
97,114,774. 60
70, 75I,3to.~
PARTICIPATIONS, AND AOBEIIMENTS TO PURCHASE PARTICIPATIONS, IN LOANS TO BustS&!S
ENTERPRISES
(Under sec. 5d of the Reconstruction Finance Corporation Act, as amended]
18
18
Alabr.ma•...••....• ••••. ...
2
2
Arizone .......••...••••••..
11
11
Arkansas ........ •• •••••...
5
6
California •..•.....•••••....
3
3
Colorado ......•...•••. .• ...
10
10
Connecticut ...... ••• ••. ...
1
1
District of Columbia •..••.•
2
4
Florida .•...•.•••.• . ••..••.
See footnotes at end of table.
$181, 333. 33
$91, 700, 00
$970, 023. 33
337, 500.00 · ·•·•········ ·· ····-·········· · ·
iO, 033. 33
177,166.67
375,100.00
2411, 178, 04 .•••. ........ ..•.
593, 500.00
10, 666, 21)
28, 333, 80
54, 000. 00
120,000.00
197,972.32
354, 500, 00
18,750.00 ·•·•• • ··•·•···· •••··••·••·••·•••
44,250.00 ••••••··•·•·•·•••
114,250.00
Digitized by
Google
$159, 40i 118
· ····•·· · ·· · ··· ·
60, 293.18
···•···•···• ··· ·
6, 503 911
115, 200. 00
···•••••·• ••• •••
·•·•··••••••••••
REPORT OF RECONSTRUCTION FINANCE CORPORATION
29
4.-Number o{ authorizations and borrowers, to which authorizatiom were
made; and amount of authorizations, withdrawals .or cancelations, disbursements,
and amount outstanding, from Feb. 2, 1932, to June SO, 1938, inclusive, by
States '-Continued
PURCIIASES or PARTICIPATIONS, AND AGREUIENTS TO PURCRASI!. PARTICIPATIONS, IN LOAN9 TO BU81NltSS
TABLE
ENTI.:RPR1sEa-Continued
Num-Number
State
ber
or au- or
thor• boriza• rowtions ers
Oeorlria.................. ..
Idaho... .............. . .. . .
Illinois.....................
Indiana..... ... . . . .... .. . . .
Iowa.. .. ... ............ . . . .
Kansas.. . . .......... ... ...
$2,032.591. 66
42, 200. 00
3M . 750. 00
247. 000. 00
I 2, 000. 00
318,833. 33
1,1:t ~::~
~~~~:L=:::::::::::::::
Maine . ............ .. ......
Maryland. .... ...... . .... .
Ma.ssachusetts. .......... ..
Michi~an . ..... . ...........
Minnesota... .. ...... . . . .. .
2.
...... . .. .
Nebraska....... ...........
New Hampshire....... . . ..
New Jersey............... .
New Mexico... .... ....... .
New York . ..... ....... .. ..
North Carolina.. . ....... ..
North Dakota........... ..
Ohio......... . .............
Oli:lahoma..... . .... ... ....
Oreyon . ... .. .... . ... ......
Pennsylvania... ...........
Rhode Island..... ....... ..
South Carolina...... . .....
South Dakota.............
Tennessee....... ..........
Texas.... . .... . .... .. . ... ..
Utah ... ............... ....
Vermont. ... . . ..·. .. ........
Virginia . .......... . .......
Washin~t.nn. .. . .. . ........
West Vir~inia.... . ... . .. . ..
$570, 716. 66
6, 700. 00
195,500. 00
30. 51JO. 00
12, 000. 00
89,500.00
58:: ~: ~
m: !: ~
Amount out.
standing as
or June 30,
Amount
disbursed
19381
$965, 82.5. 00
6,000.00
103. 250. 00
II0,400. 00
$625, 889; 73
5,115.21
103,250.00
75,500. 00
221. 833. 33
JOO. 4U:22
636.000. 00
99, 817..84
215,000.00
197, 285. 71
36,000. 00
71,768.19
165. 022. 35
22, 262. 38
3~ ~: ~
l~~: :\::
70, 000. 00 ••••.•.••••• ••••
a1~: l:8~: gg ········1i;570,·oo ·······64;52~:97
162. 242. .'i(I
59. 492. 50
63,250. 00
31,150. 00
176. 25(J. oo
103, 8n. 00 ... ..•...........................
95. 000. 00
20,000. 00
70. 283. 00
35, 2S3. 00
1. 043. 230. 00
29(, 250. 00
495. 251). 00
292, 245. 42
lSS, 000. 00 . ••• ..•.. . . . . ..
100,000. 00 ..••••.•.•••• •. •
2. 701,700. 00
1,444, 446. 38
306,193.62
187,412. 00
911 , 12>. 00
406. 042. 31
374,000. 00
37,520. 03
1, 560. 00
800. 00
9fl0. 00
461. 95
2,587, Y55. IO
784. 112. 14
672,107.14
571,192.43
129,500. 00
5,000. 00 .•. ..••.... ...••• •••••.• .••.•••.•
1. 495, 150. 00
893,750.00
592. 000. 00
450. 572. 41>
2, 5il, 250. 00
807,720. 00
1, 40.1, f, .>Q. 00
1,199.812. 57
714. 000. 00
4, 000. 00
700. 000. 00
649,333. 33
1,634,200. 00
89, 305. 55 • • • •...••...•..••...•••••••.....•
55. 850. 00
35,000. 00
5, P50. 00
5. 030. 20
1,961.918. 74
270,272. 15
525,500.00
263. 63~. 38
277,675.00
12, 625.00
17,500.00
14,642.8'
25. 50C. uO ••••••••. .•.••• • ••• •••••••.••••••••• •••• ••••••••
31, 100. oo
27. rno. 00 •••....••.•.••• •••• ••.....•••••••
41 8, 100.00
110. 100. 00 •• .. ...•......••..•••••. •.•• •••••
1. 082, 750. 00
531, 72 1. 2fl
120,625.00
93,202.68
325, 185. 72
170. 935. 71
67, 2a0. 00
52, 262.24
793. 250. 00
109. O·'iO. 97
223, 699. 03
20,016. M
200. 000. 00
200, 000. 00 ••••.. .•••..•. ••• ••...•.•••••.•.•
WJSCODSln... .. .. .. •• • • ••.•
Total. . ........ .. ... .
Amount
withdrawn
or canceled
70. 000: 00 .• ••••.. • . . ... •
560, 6t0. 00
14,800. 00
1,025,150.21
432,222. 16
1,511.000. 00
362,500.00
465, OtiO. oo
173, 102. 00
~::s~~f~~~::::::=::::::::
Montana........
Hawaii...... . . . ......... ..
Amount
authorized
---1---t----- -
32, 83,5, 440. 59
9, 9SO, 239. 01
9, 055, 215. 86
5, 620, 625.
~
LoANS TO PUBLIC BODIES TO AID IN F!NA'ICING PROll!.CTS AUTHOR!Zl!.D UNDER FEDERAL, STATE, Oft
M UNICIPAL LAW
(Under sec. 5d or the Reconstruction Finance Corporation Act, as amended)
Calirornla .. ............... .
1
-•~:;~~·.=::::::::::::::::::
lllinoi~.................... .
2
~J~i~i;pi::::::::::::::::
Tennessee .. .. ....•.... .. . .
Te"8S.............•.... •...
Total• . .••.•.•••.....
1
2
1
1
1
I
$'.l. 500. 00
1, 44fl. 000. 00
2, 430, 000. 00
39. 000. 00
.5, MO. 00
I
2
I
I
357, O(XJ. 00 .•••.•••...• •.• . ••......• .••• • •.••....••.• ••••••
5, 800, OllO. 00 • • • • • • • • . • • • • • • • • . • • • • • • • • • • • • • •••••••••••••••••
2. 000, 000. 00 . • • • • . • . • . . . • . • . • • • • . . . . • . . . • . • •.•. ... .. ••••••••
11
11
12, 130, 500. 00 . • . • . . • • • • . . . . • . • • . . . . . . . . . • . • • • .•• • •..• •••. •. • •
1
1
I
1
2
1
. .•• . ••..•.•..•.••....•.••.•.••••••..•·•• •••••..•
. .. ••• .• . . •• .. .• • •....•... •..•.. .... ..••••• . •• ••
. . • . • • . • . . . . . • . • • • . •. . . . • . . . • • • •.•...•••.•••••••
••.•• ..... ....• ·•········•··•• •••....... .•••.•••
• • • ••••• • • .• ••• •• ••••••.••• .•••• •• •• • • • • ••••••••
50. 000. 00 .•... ..•••••.. ..•.. . ........••••.•.•.. ... •.•••••
See footnotes at end of table.
Digitized by
Google
30
REPORT OF RECONSTRUC'L'ION FINANCE CORPORATION
4.-Number of authorizations and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, disbursement!,
and amount outstanding, from Feb. 2, 1932, to June 30, 1938, inclusive, by
States 1-Continued
TABLE
TOTAL, SEC. 5e OF THE RECONSTRUCTION FINANCE CORPORATION !CT, AS
AMENDED
(Loans on the assets or closed hanks and trust companies]
Num-Num-
State
her
ber
or au- or
thor- hor-
Amount
authorized
iza-
row-
tions
ers
Amount
Amoun t
dlsbursed
withdrawn
or canceled
Amount outstandin~ as
or June:.!,
1938 1
- - - - - - - - - - - - -1- - - - - 1 - - - - - - 1 -- -- - --+- - - California __________________
Colorado ____ _______________
Florida ____________________
Illinois _____________________
Indiana ____________________
Iowa _______________________
K&nsas ______ ___ ___________
Mich iran __________________
Minnesota _________________
Missouri. __________________
Nebraska __________________
Nevarla ________________ ____
New York __ _____________ __
Nor th Carolina ______ ______
North Dakota _____________
Ok lahoma __ __ _, ________ __ _
Pennsylvania __ ____ ___ ___ __
South Caro lin!\ ____________
South Dakota _____________
iei~~nsin:::::::::: : ::::::
Total.. ______ ______ --
3
2
1
2
1
9
2
50
10
1
3
2
I
2
1
g
2
47
10
1
2
2
32
1
2
1
25
12
4
19
1
2
2
32
1
2
1
25
12
4
182
179
19
1
$50S. 68
$35,90 1. 55
2,812.00
10,050.20
1, 100. 00 ------ ------ --76,019. 67
680. 585. 03
26. GOO. 00
4, 100.00
105. 002. 20
29,546. 79
21, ,500. 00
l l. l07. 93
14,354,379. 5,5
59g, 179, 35
139. 817. 13
46,815.53
14, 500:00 --------------253. 951. 84
60. 422. 52
6,000.00
6. 000. 00
16,922.72
2,691.22
15, 005. 00 ------- ----- --39,799.12
563. 593. 99
427. 51
8.801>. 00
269,000. 00
2,955.50
1,450. 000. 00
136. 935. 82
317,674.86
79,583.99
191. O;i3. 11
92, 179. 79
101, 721. OS
86,146.93
$10,019.95
$35,392.87
7,238.20
ill.&\
1,100.00
2,5oo.O!
604,535.36
22, 500.00
75,455.41 ------ 18,01&.!Q
2.IIOo.lll
13, 302. ·07
1,322.501.~
12,161.994. 82
32.
ii
93. 001. 60
6,69'1.i9
14,500. 00
li0,00..IIO
187. 529. 32
14,231.50
15. 005. 00
523. 795. 86
8,372. ~9
265.044. 50
J , 313, 064.. 18
212. 039. 62
IOI, 873. 32
15, 574. 15
10. il)l.80
7,072·M
356,01 '17
2,6H.65
2~00000
1,150,131.71
137, 93i 71
43. 06,.58
7,006.17
18. 588, 188. 25
15, 685, 610. 27
3,532,257. SI
1, 382,291.35
LOANS ON SELF-LIQUIDATING PROJECTS
(Under sec. 201 (a), title II, of the Emergency Relief and Construction Act of 1932, as amended!
Alabama_ __ __________ ______
Arizona___ _________ ____ ____
Arkansas__________ __ ______
Californ ia_________ ________ _
Colorado ____ ________ _______
Connecticut___ ________ ____
Florida___ _________ ______ __
Georgia__ ___ ____ ___________
I daho_ ________ _____________
Illinois_____________________
Indiana_ ___ ___ ___ ________ __
Iowa____ __________________ _
Kansas____________________
fg
,~i~~i~:_-_-_:::::::::::::::
M aryland__ ____ ____ _______
M ichigan_______ ___ _______ _
M innesota ____________ _____
M ississippi._ ______________
M issourL. _________________
M ontana____ ____ ____ ______
Nebraska__ ____ __ ____ ______
New Hampshire__ ____ _____
New Jersey_____ __________ _
New Mexico______ _________
N ew York____ _________ ____
North Carolina_ ____ _______
Ohio____ __ _________ ________
Oklahoma __ ___________ ____
Oregon_________ ____ _______
P ennsylvania___ ___________
Sout h Carolina___ ___ ______
South Dakota ____ __ __ _____
T exas_____ ___ ___ __ ___ ____ __
Utah________ __________ ____
6
4
IO
13
5
J
7
2
J
7
4
1
3
l~
1
3
l
2
3
2
2
1
5
6
10
8
10
2
2
4
3
I
21
o
6
$224,000.00
3
I. 578. 500. 00
10
1.463.851.92
8 31 o. 655. 100. oo
5
2, 002. 233. 79
I
100. 000. 00
7
1,644.930. 78
2
41,000.00
1
60,000. 00
7
7,830,723. 00
4
833, 000. 00
1
9,700.00
3
820,000.00
14
l , 519, 624. 00
4 16,063,000. 00
1
59,850. 00
3
718. 841. 47
I
575,000. 00
2
325,000. 00
3
996, 140. 00
2
207,000. 00
2
7.1, 000. 00
1
250,000.00
4
3,36 1,904.37
4
6,279,600. 00
9 27, 218, 000. 00
8
1, 120.473. 20
9
628,800.00
2
299.982. 81
2
734, 625. 00
4
315,ooo.oo
2
230,500. oo
I
105,000.00
~
4,m:~::
$149,500.00
$74,500.00
$71, 000.~
13. 500. 00
I , 400, 000. 00
1,315,000.
515,000.00
£48,85 1. 92
612,23i4S
6, 436. ooo. oo
239, 5~2. 845 24 213,
61.i. 21
572. 430. 00
!, 429, 803 79
SiS, 500. 00
100,000. 00 ----------- - - ---- -- ---- -000-00
500·ooo.·IJJ
930,000. 00
714. 930. 78
19,000.00
22,000.00
000.00
_____ __________
60, 000. 00
•500.00
4,756,250.00
3,074,473. 00
l 34a:ooo.oo
773, 000. 00
60, 000. 00
5
9. 700. 00 -- - - - ----------- - ---- -- -ooo:oo
755
--------------820. 000. 00
329' 000.00
/il4, 624. 00
998, 000. 00
-•
1, 789,777. 20
14,273,222.80 ------------ ---- - ---- - - -- _- --59,850. 00 ------6-is-iiiii
75,000.00
643,841.47
•
575,000.00 -- ------- - ----- -- ----- -125 -ooo.oo
50,000.00
275,000.00
ii' 00).111
954, 140. 00
42, 000. 00
Jllll 000. 00
27,000.00
180,000.00
!4° (XllOO
60. 000. 00
15, 000. 00
'
_______________
250,000.00------M!-roi,-OO
85. 904. 37
3,276,000.00
269
500,00
5 930'.400.00
309,000.00
5,385,600. 00
12'
5, 103, 000. 00
21, 862, ooo. 00
'3114 000. 00
59~. 473. 20
528,000.00
147' 000.00
175,300.00
4.53, :;00. 00
25' 23t04
-- ----- - --- --- 299,982.81
724'1;1.!0
10, 000. 00
724, 625. 00
' __
215.000. 00
100,ooo. 00 ------i i9-ooi,'oo
81, ooo. oo
a 9, 500. 00
_'______ _
105,000. 00 ---- - ---- ------- - -------jl i00.00
m.
J·
3,m:~:~
1, oi~:~:~
See footnotes at end of table.
Digitized by
Google
16;;00.00
REPORT OF RECONSTRUCTION FINANCE CORPORATION
31
4.-Number of authorizations and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, disbursements,
and amount outstanding, from Feb. f, 19Sf, to June SO, 1938, inclusive, by
States 1-continued
TABLE
LOANS Oll SELF·LIQ UID.!.TlllG PROJECTS-Continued
Num-Numher
ber
of nu• of
thor• bor•
State
iza- rowtions ers
Amount
authorized
Amnnnt
withilrawn
or canceled
Am ount ou t•
standing as
of June 30,
1938'
Amount
disbursed
- - - - - - - - - - - - - - -----·1------1·------1·- - - - - Vi~inia ....•••••••••••.•..
Wa<h in~ton ..•.•••••••••••
West Virginia •••.•••.•.••• .
Wisconsin . .... .. . . ............ .
2
I
1
1
Wyow.in~--- •••••••••••••••
Puerto Rico •••••••••..•...
1
Total................
191
LOANS FOR FINANCING
8
2
I
1
I
I
8
REPAIR
$2, 110,225.80
$131,376.00
$1,978,849.80
$184,143. 40
3, 02fi. 318. 37
2,476,318.37
550,000.00 ·•••··•••••••••·
3, 1)()(). 00
3,000.00 .•.•••••...........•..•••••••••.•
40,000. 00 · •• • ••· · · ······
40,000.00 ···•··••••••••••
12.5.000. 00
125,000.00 ..•.................•••••••.•••••
I, 300,000.00 .•.••.•........
1,300,000.00 ...•.•••••••••••
176 399,007,487. 36
31,603,243. 14
302,717.389. 46
239,309, 8"8. 83
OF DAMAGE BY EARTHQUAKE, FIRE, TORNADO, OR CYCLONE IN 1933
[Under sec. 201 (a) (6), title II, or the Emergency Relief and Construction Act of 1932, as amended]
California .•••••• • ••••• ••• . .
Kansas ...••••••••••••.•...
Louisiana•..•••••••.•.•....
Maine ...••••••••••••••.•..
Tennessee . .•..••••••.•••. .
Total. .•••••••••••••.
I
1
1
2
1
$7 500, 000. 00
1, 000, 232. 20
200,000.00
1, 6,50, 000. 00
100,000.00
$639. 00
866,527.32
• 43,200.00
990,627.04
130. 74
$7,499,361.00
113. 704. 88
156,800.00
659,372.96
911,869.26
$3, 008. 045. 8a
1
4
1
13
6
10, 450, 232. 20
1,921,124. 10
8, 5:!9, 108. 10
3, 821, 697. 95
6
I
--
104. 474. 88
105,573. 'r1
503. 734. 71
99,869. 2G
LOANS FOR FINANCING OF AGRICULTURAL COMMODITIES AND LIVESTOCK
[Under sec. 201 (d), title II. or the Emergency Relief and Construction Act ol 1932]
Alabe.ma...•.•.••••••.•••..
Arkansa.• •••••••••••••••••.
Calilornia ...•.•.•••.• •••.•.
Colorado ... _•••.••••••.••..
Delaware .••••••••• •• ••••..
Florida ......••••••.•...•..
Oeo~ia.••...••••••••.•....
Illinois ...•.••••••••••••.••.
Indiana ...•••••••••••• • •••.
f;~~'t:~L~:::::::::::::::
Maine . ...•.••• • •••••.••.
•.
Maryland ....••• • • ••• .....
Massachusetts ••••••••••.•.
I
5
21
1
2
7
I
I
6
12
11
1
5
2
10
2
St~;E'
Montana
.~===============
.••.•• •••••• •.... •
~::
~~:::::::::::::::::
North Carolina .••• ••••••••
5
1
4
8
10 ______ -- __ -- -- • _ ....... _ ••
4
I
5
Oregon .•.••.•••••••••••••••
Pennsylvania• • •••••••••.••
Tennessee .••••••••••••••••
8
~g~th Dakota ••• ••• •••••••
~f~fnia
.................. .
;ashin~n
...••••••••••••
wf~o~~rr~~----.:::::::::::
Pnetto Rico ••••••••••••.••
4
4
6
4
6
2
7
2
1
5
16
1
1
2
I
1
3
4
10
1
2
2
7
2
5
1
2
6
I
1
3
2
2
3
5
4
5
l
4
1
$150,000.00
$150,000.00 ..•..•............•.•.•••••••••••
725,000.00
603,219.30
$121, 780. 70 ...•••••••••••••
5, Oll3, 750. 00
2,469,560 87
2,594,189.13 .....••••·•• • ••.•
500. 000. 00
374,950.00
125,050.00 .•.•..••••••••••
100,000.00
99,100.00
900. 00 .•.•••••••••.•••
393,377.32 ••••••......•..
393,377.32 ·-·············15,000. 00 ••••••. •.. . .. ..
15,000.00 .......•••..••••
10,500.00
2,000.00
8,500.00 ...••••.••••••••
757,111.54
460, 21 I. 94
296,899.60 .•...•.••.••••.•
5,561,511.97
3,127,589. 16
2, 3n, 922. 81
$72,447.64
50,405,000.00 50,452,250.00
42,750.00 · ·•·•••• ••• • ••••
35,000.00
35,000.00 ......•...•...•...•..•••.•••.••••
575,000.00
200,000.00
375. 000. 00 ·····••••··•••••
350,000.00
13R, 603. 71
211,396. 29
4,741.60
570. 000. 00
442,402. so
127,597.20 .•...•••..••••••
60,750.00
60,750.00 · · · · · · ·• ········· ·•·•••••···•••· •
104, 000. 00
8, 000. 00
96,000. 00
«. 783. 70
2,500.00
615.00
1, 885.00 .•••...•••••••••
285,000. 00
II, 432. 03
273,567. 97 .•.....• ••••••••
I, 700,269.65
I, 099, 344. 17
600,925.48 . .....••••• • ••••
120. 000. 00
20,035. 21
99,964. 79 ...... ••••• ••••.
6,000.00
I, 080. 00
4,920.00 ···············1, 035, 000. 00
400, 217. 72
504, 782. 28
340, 000. 00
350,000.00
195,820. 71
154,179.29 ••••·•••·•••••·•
318, 500. 00
28, 062. 24
290, 437. 76
180, 000. 00
12,610, 723. 25
4,308,825.84
8,301,897.41
14,400.00
219, ,551. 00
20,000.00
199,551.00 -···············
868,624.91
603, 730. 27
264,894.64
142,575.62
333,030.00
145,724.80
187,305.20
100,000.00
175,000.00
175,000.00 •••.•.•.......•...•••.•••.••• ••••
1,571,313.44
95,750.00
I, 475,563.44 ···············1,000,000.00
637,745.53
362,254.47 ··-············-
Total ••• .••• •• ••.....
Loans to Commodity
Credit Corporation ••••..
159
28
1 1,604,712,664. 99 566,678,346.46
Grand total..........
187
106 1,600,774,178.07 633,045,367. 76
105
86, 061, 513. 08
66,367,021. 30
19, 504, 491. 78
898,948. 118
767, 716,962.21 ···············787,221, 453.99
&98, 948.118
See footnotes at end of table.
101508-38--3
Digitized by
Google
32
REPORT OF RECONSTRUCTION FINANCE CORPORATIO~
4.-Number of authorizations and borrowers, to which authorization, wire
made; and amount of authorizations, withdrawals or cancelations, disburse111l11U,
and amount outstanding, from Feb. 2, 1932, to June 30, 1938, inclusive, by
States 1-Continued
TABLE
AMOUNTS MADE AVAILABLE FOR RELIEF AND WORK RELIBF
[Under sec. 1, title I, or the Emergency Relief and Construction Act of 1932, e.s amended}
Num- Num-
State
ber
ber
of au- of
thor- boriza-
tions
Alabama _____ __ ___________ _
Arizon a ___________________ _
Arkansas __ _______________ _
California ________ _________ _
Colorado _________________ _
Florida ___ _____ ___________ _
Georgia ___ _______ ________ __
ldal10 _____ ______ - ___ __ - -- _Illinois _____________ _____ __ _
Indiana ___________________ _
Iowa __ _________ ________ ___ _
Kansas ____ ___ ____ ________ _
Kentucky ___ ______ _______ _
Louisiana _________________ _
Maine ____ ____ __ __________ _
Maryl and __ ______________ _
Michigan __ _______________ _
Minnesota ________________ _
~l:5.':~t~~~~::::::::::::::
Montana _________________ _
Nevada _______ ____ __ ______ _
New Hampshire __ ________ _
New Jersey ______ _________ _
New Mexico ___ ___________ _
New York __________ ___ ___ _
North Carolina ______ ____ __
North D akota ___ _________ _
Ohio ___ ____ _______________ _
Oklahoma ________________ _
Oregon ______ ___ __________ _
P ennsylvania ____ _____ __ ___
Rhode Island _____________ _
South Carolina ___________ _
South Dakota ____________ _
T ennessee ________________ _
Texas ___ __ ________________ _
~f;Jnia:~:::::::::::::::::
Washington ______________ _
W~st Vi~ginia _____ _______ _
W1scons1D
---------------_
Hawaii
_____________________
Puerto Rico ______________ _
Total _______________ _
Amountout-
Amount
withdrawn
or canceled
A mount
authorized
row-
Amount
disbursed
standilll! 8.!
of June ro,
19381
ers
14
I $4,211,688.00 _______________
$4,211,688.00 ---------------1, 448,269. oo _______________ _
7
1
1,448,269. 00 ---- ----------4,833,967.00 ------------····
7
1
4,833,967. 00 - -------------9
I 10, OSI, 631. 00 ______ ____ ____ _
10, 081,631.00 --- ------ --- ---8
I
3,832,990.00 ____ ___________
3,832,990.00 ---------------6
I
3,886,512.00 ______ _________
3, 6,512. IJO -----------···-20
I
I , 745,692.00 ___ ____________
1,745,692.00 ---------------5
1
1, 026,566. 00 _______________
1,026,566.00 -------------···
13
1 55,443,721.00 _______________
55,443,721.00 ---------···--··
15
1
5,179,931.00 _______________
5, 179,931.00 ---------------·
10
1
2,151.430. 00 ____ _____ ______
2, 151,430.00 ---------···-···
7
I
2,592.934. 00 _______ ________
2,592,934.00 ---------·······
9
I
6,728,987.00 _________ ____ __
6,728,987.00 -------------···
8,200,127. 00 ---- ---- ---··--·
6
1
8, 200,127.00 ___________ ____
16
I
252,895. 00 _____ ________ __
252,895.00 -----------·· ·-2
I
176,380.00 __ ________ _____
176,380.00 ---------· -···-21,808, 199.00 ---------····--·
30
1 21,808,199. 00 --- -----------8
1
2,581,787. 00 --------------2,581,787.00 -------·-··--···
8
1
4,058,919.00 ___________ ____
4,058,919.00 ---------·-···-16
1
4,616,789.00 ------------- -4., 616,789.00 -------- ---·-···
21
1
2,368,285. 00 __ ___ __________
2,368,285.00 ------------····
10
1
262,632.00 __ ____ _________
262,632.00 ------------····
3
1
1, 366,603.00 ____________ ___
1,366, 603.00 ------------···2,009,291.00 ---------------·
I
I
2,009, 291.00 __ _______ ______
5
I
387,903.00 ____ ___________
387,903. 00 ---------------26,600,000.00 ----------····-5
1 26, 600, 000.00 __ ____ _________
5
I
5, 950,000.00 ______ _____ ____
5,950, 000. 00 ------ ---------11
I
592, 768.00 ___ ____________
592,768.00 -----------···-37
1 ls, 272,205.00
15,000.00
19,257,205.00 ---------------4,570,597. 00 ---------------5
I
4,570,597.00 _______________
16
I
2, 798, 290.00 _______________
2,798, 290.00 ---------------7
1 34,929, 875.00 --------------34,929,875.00 ---------------2
I
1, 123,590.00 ___ _____ _______
1,123,590. 00 ---------------7
I
4,575, 270.00 _______________
4,575,270.00 ---------------1, 803, 945.00 ---------------1,803,945.00 ____ ___ ________
5
I
13
1
3,375.352. 00 --------------3,375,352. 00 ---------------13
I
7,952,292.00
1. 00
7,952,291.00 ---------------2, \>23, 439. 00 _______________
2, Y23, 4.39. 00 ---------------·
9
I
20
l
3,495,304. 00 _______________
3,495,304.00 ---------------·
18
l
5,977.430. 00 ______ _________
5. 977,430.00 --------------··
15
l
9,655,218. 00 _______________
9,655, 218.00 ---------- -----·
6
l 12,395,362.00 _______________
12,395,362.00 ---------------2
l
394 , 935. 00 _______________
394,935. 00 ---------------·
. oo+-----------::--=-----·--·-1 _ _1 _ _3_60....:,_ooo_.oo_ _-_-_--_-_--_-_--_-_--_-__ _ _ _a_oo_,_ooo_
44.2
«
1
300, 000, 000. 00
1
15,001. 00
1
I 299, 984, 999. 00
Bee footnotes at end of table.
Digitized by
Google
(I)
TABLE
a.,;.d bor;owers,' to whi~h, ~u'eh,oriz~tio~s· wer~ 'Tn'ade; and anzount of authorizations ~ithdrawals, or cancelations, disbursements, and amount outstanding, from Feb. I!, 1992, to June SO, 1988, inclusive, by States 1 -Continued
4.-Nu-rnber of authorizati~a
TOTAL, ACT APPROVED MARCH 9, 1938, AS AMENDED
;
[Loans on and subscriptions for preferred stock, and purchases of capital notes or debentures, of banks and trust companies]
State
!~~=--~: : : : : : ::::::: ::: :::::::
~~t!i::a-----------------------------------------::::
Colorado ______________________________________________ _
Connecticut __________________________________________ _
Delaware ____________________________________________ _
District of Columbia__________________________________ _
Florida _______________________________________________ _
Georgia ________ --- --- _________________________________ _
Idaho _________________________________________________ _
Illinois ________________________________________________ _
Indiana_______________________________________________ _
Iowa __________________________________________________ _
Kansas _______________________________________________ _
Ken!'!-cky_
Lou1s1ana____ _________________________________________ _
Maine ________________________________________________ _
Maryland ____________________________________________ _
Massachusetts. _______________________________________ _
Michigan _____________________________________________ _
0
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~m~I:f~~~~==========================================
Montana ____ ---------------- _________________________ _
Nebraska_ --- ___________ . ____ . ________________________ _
Nevada _______________________________________________ _
New Hampshire ______________________________________ _
New Jersey ___________________________________________ _
New Mexico __________________________________________ _
New York ____________________________________________ _
North Carolina. ______________________________________ _
North Dakota ___ ------------------ ___________________ _
___ ----____________________________________________
-- -- ---- --- --- ----- --- - ---- --- --- ---- -- ---- - _Ohio
Oklahoma
Sl)e footnotes at end of t11,blf!,
I
I
.
I
I
Less: Net num-1
hd
Amount outstandNumber Number
eJawn Amount disbursed ing as of June 30,
of author- of bor- Duplica- ber of bor- Amount authorized Amo~n,;;;';~
1
O
tions 10
rowers
1938 '
izations rowers
97
6
139
151
63
87
15
9
63
101
35
262
346
156
232
144
205
46
79
94
224
317
289
282
76
789
4
15
345
25
684
148
153
459
81
84
7
---------6
3
---------1
------------------7
9fi
I
29
I
252
2
307
152
I
221 ---------135 ---------201
81
45
4
70
2
76 ---------207
2
290
8
288
129
253
I
15
75
205
45
4 ---------15 ---------275
29
22 ---------596
69
142
1
141
1
436
2
ij7
6
6
133
140
5!J
43
14
8
52
----------
77
6
127
137
59
42
14
8
45
95
28
250
307
151
221
135
120
41
68
76
205
282
159
252
60
160
4
15
24'l
22
527
141
140
434
51
$16,143,200.00
2, 455, uuo. 00
5, 3%, 5(X)_ 00
58, 373, 070. 00
5, 040, l)(X), 00
8, 609, 800. 00
2,680, O(X). 00
5, 21XI, 000. (X)
2,307, 2\Xl. 00
5, 897, 500. 00
2, 3:35, 000. 00
94, 62\J, 500. 00
18, 6fi4, 250. (X)
12, fl25, 500. (X)
6, 049, 250. 00
II, 1S2, 500. 00
16,607, (XX). 00
Ii, 173, (XX)_ 00
11,408, 130. 00
20, 03 l, 000. 00
43, 9'l5, !(X)_ 00
18, OS3, 125. 00
15, 3i8, 150. 00
25, fi94, 500. 00
4, I! 7,500.00
9, 504. 300. 00
205,000.00
I, 3 i3 000. 00
88, 035 3'l0. 00
1,077,500.00
391,892.400. 00
8, 182, 5QO. 00
4, 504, 500. 00
100, 455, 764. 00
II, 291, 000. 00
$289, 625. 00
25, OtX>. 00
946, 5(X)_ 00
9,870, r,45_ 00
146, 5(X)_ (X)
I, 417, 6i4. 00
2, I 12, 700 (X)
2, 31Xl, (JO.J. (Xl
131, ()(}()_ 00
1, 0',2, (XJU. 00
205, (XX)_ 00
3, 0-!8, 385. 83
1,873, rnxi. <X>
2,377,500. (X)
77fi, 5(Xl. OU
2, 302, 6.50. (X)
I, O'iO. (KJO. lXl
2,047,500.00
2, 059, 9f,0. 00
3, 35'l, 800. 00
3, 239, 839. 00
10-1, mJO oo
I, 055. 000. 00
4,893,375.00
87,000.00
970,250.00
61!. 3'i5. 00
9,513 2"3.93
312, 500. (X)
74, 2<J'l, 3 IO. 84
694 000. 00
4\JO, 000. 00
7, 133,527.00
357,000.00
$15,853,575.00
2, 430, (XX)_ 00
4, 419, uuo. 00
48, 502, 425. 00
4, 893, 500. 00
7, 192,126.00
5fi7, 300. 00
2, !JOO, (XX). IJO
2, 17<3, 200. IX)
4, 835, 5(X)_ l)()
2, 130, OUO. IX)
91,Z:ll, 114. 17
Hi, 771,250.00
IU, 24S. fXXl. lXl
5,272, 751J. (X)
8, 87Y. 8.',0. IX)
15, 5-17, IXXI. (XJ
9, 125,500.00
9, 078, 170. 00
16,674, 2(X)_ 00
40, ti 24, f,fil. 00
17,372,025. (X)
14,313, 1.50. 00
20, 801, 125. 00
4, 03'). 5()()_ 00
8, 525, 05!l. 00
205, <XXJ. 00
751,635.00.
78,222, Olfi. 07
715,000.00
315,814,089. If,
7, 4~8. 500. 00
4. 014, 5(X)_ 00
93. 322,237.00
10, 934, 000. 00
$9,394,731.61
I, 24fi, 3fi2. 39
3,536, 8U7. 39
24,441,547.82
2,919,200.00
6, 082,0f,l. 21
317, 31Xl. 00
2, 207, S(XJ. 00
!, 48fi, 232. S2
3, 104, 4U!i. 33
!, W8, 8.',0. 00
35, 128, 204. 22
I!, 152, 715. (X)
5,957, 40.5. 00
3,871, oi;,;_ 39
6, 52\J, 545. 00
7, 733, 2\JO. 00
6,433,671.19
7,319, IU2. 50
9, 3'l9, 618. 00
31,1)3'1', 119. 61
8,557, 174. ()6
7,460 357. 01
7,613,935. 8~
1,500,090.00
3, 979, 2(),5. 84
97, (X)() 00
238. r,as_ no
67, 590, fi24. 06
608. 3,50. 00
M, 320, 270. 24
5,631. 188. r,9
2. 514. 975. 00
57,037,892.88
2, 690, 586. oo
~
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:
0
0
z
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TABLE
4.-Number of authorizationa and borrowers, to whom authorizationa were mad~;
and amount o/ auth<>rizations, withdrawals or can-
celations, diabur8ement&, and amount oul8tanding, from Feb. e, I93e, to June 30, 1938, inclusive, by .States 1-Continued
~
~
TOTAL, ACT APPROVED MARCH 9, 1933, AB AMENDED-Continued
State
Oregon •. •....•.•...•..•• •• ...........•.....•••........
Pennsylvania.......•.......... . . .... ......... ....•....
Rhode Island ••..••••....... . .....•.•......... ..... .•..
South Carolina .••.•. . ....•.•.•.•. ....•••......•.•. . . ..
South Dakota ....... ••.......................•.•...•.•
Tennessee ...•......•.................. .......•.•.••...
Texas••• •.............•....•.....•.•.•. ..... .. ....• ....
Utah ......••..•••.... ....... •....• .• •.....••. .•..• ... .
Vermont •.• ....•• ....... ••....•.•.....•.••.............
Virginia ..... •.•..........•... . ... .. ......• .•.••... .. . .
~:;sr~Fr~~ia ....••...•. .............................•.
Wisc')nsin
Wyoming
Alaska .....•.•.. ......•..• .. .... ..... •.••.•.....•.....
Puerto Rico . ......•..•............. •.... . •.•...•.. ..•.
Virgin Islands ...••.............•.... . . •............••.
0
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61
451
5
45
143
138
465
44
62
176
114
105
526
31
1
4
3
I
8, 595
Grand total.. . ... . .................. . ............
8, 599
56
375
56 ··•·······
386
11
4 ••••• •• •••
40 ·····• ····
129
1
135
2
446
4
44 .•...•....
60 ··········
164
I
110 . . .......•
95 ····• ·•· ··
456
2
27
2
1 •• •• • •••••
4
1
1 . . . ... .••.
40
128
133
442
44
60
163
110
95
454
25
1
3
1
448
6, 839
1----1----
Total. . ... . ..... ..• . . .• •. .••..• .•... ..••••• •.•••.
Subscriptions for preferred stock of:
Export•Import Bank of Washington •..... . ........
SecondExport·Import Bank of Washington, D. C.•_
See footnote11 at end of table.
I
. I
~
I
N um ber Number
Less: !Net num•1
outstand•
~lau_thor• of bor• D!!plica• berolbor• Amountautborized Amo~n~;~~irawn Amount disbursed Amount
ing as ol June 30,
1zat1ons
rowers
t10ns
rowers
1938 •
7,287
4
3
k:::::::::
1----r---1---
1
7,289
448
6,841
$2, 300, 000. 00
$350, 000. 00
56. 261,850.00
10,251. 753. 50
I, 100,000.00
201,500. 00
2,931,800. 00
160,000.00
4,522, 100. 00
84,000.00
14,221,550.00
1,662,500.00
36, 564,750.00
5, 190,625.00
4, 310,000.00
315,000.00
17,295,000.00 ···•···········•· · ··
12, 763, 000. 00
2, 068, 3!i0. 00
7, 496, 500. 00
1, 432, 000. 00
6. 996, 000. 00
534, ~33. 34
38,075,000.
4,727,900.00
1, 687, 500. 00
320, OJO. 00
37,500.00 ····••·•············
1, 500, 000. 00
250, 000. 00
251, 000.00
126,000.00
1, 248, 829, 589. 00
45, 000, 000. 001 • ·
2, 500, 000. 00 .•
169, 491, 552. 44
------
$1,950,000.00
$1,017,250.00
45, 995, ()(J6. 50
36, 825, 719. 4 7
898,500.00
701,650. 00
2,771,800.00
2,001,750.00
4, 438, 100. 00
2, 993, 690. 72
12,559,050.00
10, 809,275.00
31,374, 125. 00
19, 855:038. 57
3,995,000. 00
2, 224, 06l. 43
15,795,000.00
15,266,775.00
10,694,650.00
6,989,150.00
6,064, 500 00
2, 767, 190. 00
6,461,066.66
4,012, 617.87
33,347,100.00
24,998,391.17
I, 367. 500. 00
909, 768. 56
37,500.00 ···· ·•···•··········
I, 250. 000 00
450, 000. 00
125. 000. 00
121,500.00
I, 074, 984, 936. 56
543,758,318.91
20, 000, 000. 001
20, 000, 000. 00
2; 500,000.00 • · •·•·
-r------1-------r------l----1, 296, 329 589. 00
169, 491, 552. 44
I, 097, 484, 936. 56
563,758,318.91
t".l
"'
0
~
t-3
0
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~
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0
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8
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REPORT OF RECONSTRUCTION FINANCE CORPORATION
35
4.-Number of authorizations and borrou·ers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, disbursements,
and amount outstanding, from Feb. 2, 1982, to June 80, 1988, inclusive, by
States 1-Continued
TABLE
Lo.&NS ON PREFERRED STOCK
or
DANKS AND TRt:ST COMPANIES
(Under the act approved l\lar. 9, 1933, as amended]
Number of
au.~~,i~-s
State
Alabama
..•••.•...••.•.•••......_
Arizona ________________________
19
I
Arkansas ..••..•.••••.•.•.••.•..
California ..................... .
Connecticut ....•......•.••...•.
Florida .•..••.•..•.•.•••.•.•.•. •
Georgia ..••..•.•.•.•..•.•.•.••. .
Idaho ..... •..•.••.•.•...•. ..•.•.
Illinois ...•..••........•.•.•..•.
Iowa ..•• •..• •.•.•....•.•.•.•.•..
Kansas .•••.•..•.•.•....•...•..•
Maine ...••....•.••.•.•.•.. .•.••
Maryland ..•••••••.......•.•... .
7
12
42
) .~
2
I
I
I
2
4
5
12
~~b!~~~:~~::::::::::::::::::
2
mm;;ii·····················
22
I
I
I
Montana .• . •.•.••.•.•.•.....•. .
Nebraska ...•.•..•.•...•....••.•
689
~~[th Dakota ..•....•.•.•.•.•. •
3
3
n
~::
¥~~y:::::::::::::::::::::
North Carolina . ............... .
8
2
28
0 •• •••••• • •••••••••••• •••••••
Oklahoma ..•.......•.•••.•.•. . .
Pennsyl~anfa ..••.•...•....... •.
South Dakota ................. .
Tennessee • •...........•.•...•.•
56
6
2
7
i~'1':iia::::::::::::::::::::::::
i=ltia...................
Total •.••••••••....•.••••.
4
l
4
3
1,120
Number of
bor•
rowers
Amount
authorized
9 $3, 180, f,00. 00
I
51), 000. 00
7
549, 500. 00
5 3, 071. 050. 00
I
309,800.00
7
135, 200. 00
I
25,000.00
I
25,000.00
I
12,500.00
I
50,000.00
2
, 000. 00
◄
I
3
2
8
l
l
I
I 00
29
4~
3
I
I
6
12
I
2
5
1
I
3
2
mooooo
Amount
withdrawn
or canceled
30, 1938 •
$32,025.00 t3, 148,575. 00 $1,012, i3I. 61
. . • • . . . .. .. . . .
50, 000. 00
24, 962. 39
. . . .. . . . • . . . . .
549, r;oo. 00
343, 634. 9
5,10, 750. 00 2, 5~ I. 300. (l(} 2, 304, 392. 82
160,000.00
149,800.00
13, 7r,g 71
I, 000. 00
134, 200. 00
40, 195. 32
. .... . .... ....
2-1, 0()0. 00 .......... ... .
. .............
25,000.00 ............. .
..............
12, .100. 00
10,212.55
..............
50,000.00 . ............ .
3,000. 00
25. 000 00
19,971. ~7
~moo
30,R30.00 ..............
506, 000. 00 . .. .. .. .. . . . • .
oo
437,500. oo
5,300.
175,625.00
I. 600. 00
22, 6/iO. 00 ...... ... .....
I. 548,000.00 I, 548,000.00
JO, 000 00 . ..... .... ....
2, 11 , 700. 00
248, 700. 00
4,929. O,'\O. 00 I, 702,100.00
2,207, 150. (1)
227, 9.'iO. 00
187,500.00
20,000. 00
2, 400. 00
791,000.00
410,550.00
6,100.00
300, ooo.
451,250.00
20, 000. 00
200,000.00
83,000.00
115,000.00
12,500.00
...... ...... . .
... .. . . . . . .. . .
264,500.00
27, 100. 00
......... .....
amoo
a~rn
30,630.00 ........... .. .
196, 708 00
432,200. no
316,118.61
174,075.00
147,403. 16
22,650. 00
13,059. 01
............... ............ .
10,000.00 .......•....• •
2, -163. 000. 00
567, 305 84
3,226, 050.00 2,434, 8,51. 06
506, 000. 00
1,979,200.00
1,403.390 91
175,000.00
19, 6,,3 69
20,000.00
19,000.00
2, 400. 00
2, 272. 88
526,,500.00
14,611. 00
383,450. 00
245, 151. 13:
6, 100. 00
4,430. ~
300. ono. oo
95, ooo. oo
151, 2/iO. 00
Ill, 095. 77
15, 000. 00 . ......... - .••
200, 000.00
134,995.37
83,000.00
46. 841. 17
115,000.00
46,418. M
oo . . .. . . . .. .. . . .
272 23,274,755.00
Amount
outstan<llng
as of June
Amount
disbursed
300,000. IJO
5, 000. 00
.....•...•.•..
·········--···
.•... ... ..•...
5,126,025, 00 18, 148,730.00 10,096,852.50
8UBBCBl1'TIONS roR PREJBRRBD STOCK or BANKS AND TRUST COKPAN!ItB
(Under the act approved Mar. 9, 1933, as amended]
78
~::::::::::.:::::::::
Iknnectfcut ••• ··-·· ·-·· •.•.••.•
D !aware .••••••••••.•••••••••••
Fl!strict or Colum bla. •••••.•••••
IIiii:i~f!f!!!ii
M:fbusetta ••••••••••••••••••
![~:::::::::::::::::
4
132
138
63
45
5
4
48
21
34
152
62
155
230
144
103
30
19
82
221
110
153
IOI
50
52
4
15
75
4
126
134
59
42
5
3
4li
20
28
146
61
151
219
135
101
29
15
73
204
106
152
92
49
62
4
Iii
$12,962,600.00
I, 565, 000. 00
4,816,000.00
50, 302, 020. 00
5, 040, 000. 00
8, 300, 000. 00
16,5, 000. 00
3, 400, 000. 00
2, 172, 000. 00
2, 522, 500. 00
2, 310, 000. 00
85, 346, 000. 00
7,847,500.00
12. 576, 500. 00
6,021,250.00
II, 182,500.00
10, 871, 000, 00
8, I 60, 000. 00
4, 2.50, 000. 00
19, 525, 000. 00
42, 827, 600. 00
13, 803, 500. 00
8, 965. 000. 00
10, 800, 000. 00
3,515,500, 00
6, 007, 500. 00
205,000.00
I, 363, 000. 00
$257, 600, 00
25,000.00
946,5rll.00
9, 330, 895. 00
146,500.00
1,257, R74. 00
27,700.00
2, 300, 000. 00
130,000.00
82.5, 000. 00
205,000.00
1, 348, 385. 83
659,000.00
2, 377. 500. 00
773,500.00
2, 302 6/iO. 00
425,000.00
1, 000, 000. 00
I, 282, 460. 00
3, 3.56. 800. 00
3, 234. 539, 00
400,000.00
495,000.00
902,875.00
77,000.00
672,550.00
$12, 705, 000. 00
I, 540. 000. 00
3, R69, 500. 00
40,971, 125. 00
4 893, 500. 00
7,042,326.00
137,300.00
I. 100, 000. 00
2. 042, 000. 00
I, 697, 500. 00
2, 105, 000. 00
83,847,614.17
7, 188, 500. 00
10, 198, 000. 00
5, 247, 750. 00
8, 879. R50. 00
10, 446, 000. 00
7. 160,000.00
2, 697, 540. 00
16, !fl8, 200. 00
39. 492,461.00
13, 403, Ii()(). 00
8, 470. 000. 00
9. 897,125.00
a, 43R, 500.
5, 334, 950. 00
205,000.00
611,365.00
751, 636. 00
oo
--------------
$8, 382, 000. 00
I, 221,400.00
3, 193, 232 50
18,637, 15.5. 00
2, 919, 200. 00
6, 068, 292. 50
J 30, 300. 00
939,800.00
1, 446, 037. liO
1, 037, 375. 00
I, 698, 8/iO. 00
30. 714, 666. 67
3, 362, 165. 00
5, 9,,7, 406. 00
3,851,114.82
6, 529, 545, 00
7,651,190.00
4, 578, 345, 00
2, 084, 740. 00
9,172,910.00
30,319,401.00
6,192,410.00
7. 357. 298. 00
3, 4.51. ll75. 00
1, 31i4, 840. 00
2,816,600.00
97,000.00
238, 636. 00
Bee footnote11 at end of table.
Digitized by
Google
36
REPORT OF RECO.KSTRUCTION FINANCE CORPORATIO~
4.-Number of authorizations and borrowers, to which authorizations wm ;:-J'
made; and amount of authorizations, withdrawals or cancelations, disbursementi, ~i
and amount outstanding, from Feb. 2, 1932, to June 30, 1938, inclusive, by r,,JI
States 1-Continued
.'-l
TABLE
S!JBSCRIPTIONS FOR PREFERRED STOCK OF BANKS AND TRUST COMPANIES-Continued
Num• Num•
ber of bcr of
t~~;i. bor·
State
Amount
authorized
Amount
withdrawn
or canceled
t8L 7.56, 250. 00
I, 077, 500. 00
152, 096, 050. 00
7,995,000.00
2. 440,500.00
as, 184,364.oo
10,.500.000.00
915,000.00
55,851,300. 00
I, 100, 000. 00
1,64b,OOO.OO
2, 973, 000. 00
13,921,550.00
26,6!0,500.00
1,590,000.00
7,770,000.00
12, 743, 000. 00
3,870.000. 00
3,365,000.00
16,757,500.00
I, 572, 500. 00
37,500.00
250, 000. 00
251,000.00
$7,061,183.93
362,500.00
7, 433, 360. 84
681, 500. 00
40,000. 00
1,686,021.00
92,500.00
25,000. 00
IO, 224,653. 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
I, 130,000. 00
119,933.34
I, 445,400.00
320, 000. 00
..•...........
250, 000. 00
126,000.00
zations rowers
New Jersey ..•..•........•.•.•..
New Mexico ....•....•..••.•....
New York .........•......•.....
Nor!.h Carolina ..•...••.........
North Dakota •.................
Ohio .........•....•......•......
Oklahoma .•.••..........•.•....
Oregon .......••.....•......•...
PenDsylvania ..•.•..••.•........
Rhode Island .•.................
South Carolina .••.....•.••••...
South Dakota .•.•..•.•.........
Tennessee _____________________ _
Texas ..........••.••....••...•..
Utah ........••••.•....•..•••••.
269
25
294
14,I
34
98
53
21
395
5
13
36
136
170
JO
42
172
33
38
66
28
I
I
3
~r:;i;;\~~·.·~: :::::::::: :::: :: :: ::
~::r~~t~n, ...................
Wiscon~r~~~l~:::::::::::::::::::
Wyoming ....••..•••.•.•..•.•...
Alaska .......••....•.••...•.•...
Puerto Rico ..••.....•..•.•.....
Virgin Islands •.•.•...••.•.•.•..
Total. ................... .
Subscriptions for preferred stock
of:
Export • Irr.port Bank of
Washington• .............. .
Second Export•Irrport Bank
of Washington, D. c.• ..... .
4, 343
Grand total.. .••.......•..
4,347
244
22
282
J;J9
33
89
51
21
374
4
IO
34
133
161
10
42
163
30
37
60
25
I
I
1
Amonnt
disbursed
Amount
outstanding
as of!une
31),1938 1
$74,395,066.07 t64,555, 773.00
71,5, 000. 00
60S, 350.00
142, 860, 689. 16 35, 0:\3, 1003
7,313.500. C-0 5 619, 5.15. 00 2,400,500.00 I, 071, Si-i. 00 ,__
36.498,337.oo 21,151,395.oo ,.:
10,407,,100.00 2,675,9iS.00 1.
890,000.00
l&I, 700. 00
45,611,646. 50 36,580, 56.i. 3l
89~. 500. 00
701,@lll •··
1,555,000.00 1,3i8,z;J.00 -·
2, 94~. 000. 00 1,015. 7ii Ill
12,259,050.00 10,714, 2'/5.00 "
23,470,37,1.00 14,271,915.00
!, 325,000.00
920, 811.!3 7,770,000.00 7,242,400.00
IO, 679, 650 00 6,989, 150 Ill
2,740.000. 00 1, S42, 615 Ill
3,245,066.66 1,588,34i.SII 15,312,100.00 11,842, 9.I0.00
!, 252, 500. 00
863,350.00
37,500.00 ..•.....••..••
• • • . . . .. . . . . . • . ... ·. ··· · ····
121,500.00
125,000.00
--•l-----1-----1-----1·--4, lli 792, 093, 484. 00 73, 816, 027. 44 715, 6.59, 856. 56 300,366, 06i. 59 "
3
45,000,000.00 ···•·········· 20,000,000.00 20,000,000.00
I
2,500,000.00 .•.••.•.••....
2,500,000.00 ··•··•········
4, 114 839. 593,484.00 73,816.027. 44 738,159,856.56 419, 366,06i.59
PURCHASES OF CAPITAL NOTES OR DEBENTURES OF BANKS AND TRUST COMPAN!ltS
[Under the act approved Mar. 9, 1933, as amended)
Arizona ..•.••.•.••..••••.•.••.••
California ..•....•...•........•..
Delaware ....•.........•.•.•....
District of Columbia •••..•.••.•.
I
I
10
5
78
109
284
102
12
55
I
185
135
180
25
48
3
302
116
359
40
32
IOI
gl~~ta·::~::::::::=============
Indiana ..•...•••.....•••••.••.•.
Louisiana.•.•.....•.••••••......
Maine ........•.•••.•••..••.•..•
Maryland .•....••.•.••....•••..
Michigan .•.•...•...•.....•••.••
Minnesota ....••.•..•...••...••.
~~~~~~~~~:::::::::::::::::::
Montana .••.•...•••.••••...•••.
Nebraska •.•.•...•••.•••.•.•••..
New Jersey•••.••••••..•.•••••..
New York ...•••••...•••..••.•..
North Dakota ••••••••••••.•.•••
Ohio ....••••••.•••••••••...•••••
Oregon .......•..•.••••••...••..
South Carolina •••••...•.••••..•
South Dakota ••••••••••••••••.•
Texas•..•••••...•••.•••••.•.•••.
Utah ••••.•.••.•••.•••••....••••
Vermont._ .•••.•...•••.•••••.•.
Washington ••...•.•••••..•••••.
West Virginia .••••••••.•• , •••••
Wisconsin ..••••••....••.•..•••.
Puerto Rico •••••.....••••.•••.•
20
81
66
456
3
Total. ...•.•••••••.••••••.
3,132
288
34
See footnotes at end of table.
$840,000.00 .•.•••••.•••••
$840,000.00 ·······•(iijoo
5,000.000.00 ...•...•.•.•.. 5,m·,m·.~ $3,~'.ooooo
~
$2,085,000.00 I 800 00000 1,268,tm.lJJ
'
'
'
···········•·· 3' 113' ()00.00 2,067,12(.33
75 3,350.000. 00
237. 000. 00
,
• OOO OO U0-1 a:,,00
105 9,271,000.00 1,700,000.00 7,371. 5()
7' 100'.,:11.00
246 10,816,750.00 !, 214,000.00 9,582, 7 · 00
OO ' 100.IJJ
100 5,736,000.00
635,000.00 5,101, ()00.
, 17.i:-O Ill
1 3234.3n2;o
00
12 2,440,000.00 1,000,000.00 !, 440, ~0
00
54 7,127,500.00
777,500.00 6,350, ()I)()
'400.000.00
I
700,000.00 ••............
700, ~,,,; 00
OO 2, 21 7 311JOO
176 4,104.000. 00
303. 000. 00 3, 794, UUV•
90 000 Ill
00
135 6, 380, 500. 00
560, 000. 00 5, 820, 5()0.
4 162 060 SI
00
160 13, 346, 500. 00 2, 442, 500. 00 10, 904, ~ OO 'us: Zill. 00
25
592, 000. 00
10, 000. 00
582, ()()
595. 300 00
47
685,100.00
49,ooo.oo
627, 1 · 00
600 _000.oo
2 !, 350,000.00
750,000.00
600, ~ - 00
28,88.1, 715.00
00
212 237,589,200. oo 66,635, ooo. oo 110,954, ooi 00 1 424, 1/JJ oo
101 2,044,000.00
450,ooo.oo 1,594, 6()0·
: ,225.00
00 35 871
346 62,269,000.00 5,447,500.00 56,821, ()()OOO
85J.5:ll.00
35 1, 385, ooo. oo
325, ooo. oo 1, ooo, sai
623. ;I)) oo
00
30 1, 286, 800. 00
70, 000. 00 !, 216, ()()() OO
gr.i 48.5.13
94 !, 543,000.00
59,000.00 I, 484, 50). OO 5,4720\7.lll
280 9,503, ooo. oo 1,750,500. oo 1, 152, o£J(l 00 1,30,12'1100
34 2, 720, 000. 00
60, 000. 00 2, 670, ,;_rw\. oo s, 024 37; 00
1s 9,525,ooo.oo .•.•.........• 8,025,~·
00 im:565.00
80 3, 626, 500. 00
302, 000. 00 3,324, ~ - 00 z289, r.,.00
57 3,431,000.00
415,ooo.oo 3,015,~131~fl!)OO
393 21,234,500.00 3,282,500.00 17,952, ~ - 00 '4!1),00I.OO
00
3 1,250,000.00 ....•••••.•••. 1,250.~· ~ 1 3 4 , 2 9 5 . ~ 81
2,003 433,461,350.00 90,549,500.00 341,176, - _
I
I
i'~-~-gg
sz
·
Digitized by
Google
·,
REPORT OF RECONSTRUC'fION' FINANCE CORPORATION
37
4.-Number of authorizations and borrowers, to which authorizations were
made: and amount of authorizations, withdrawals or cancelations, disbursements,
and amount outstanding, from Feb. 2, 1932, to June 30, 1938, inclusive, by
States 1-Continued
TABLE
. TOTAL, SEC. 36, TITLE II, OF THE EMERGENCY FARM MORTGAGE ACT OF 1933, AS
AMENDED
[Loans to drainage, levee, irrigation and similar districts, etc.]
Nun:• Num•
bcr of her of
t~~;i. horzations rowf'rs
State
Arizona ....•••••.•••••••••••••••
Arkansas .••.........•.......•••
California .••.........•.•......••
Colorado •••.•.•.•••.••.••••.•..
Florida .•••.........•.••.•..••••
Idaho ...............•......•..•.
Illinois ....•.•.......••.........
Iowa .•...•.•.•.•........•..••..
Kentucky •••••..•.•••••.•••••••
Louisiana __________ ------------~! innesota ..•.......•...........
11ississippL .•...•...•........•.
11issourL. .•....................
Montana ..••••....•.......••...
Nebraska ...•...•..•••••.•••••..
Nevada .. __ . ___ . -- ... -- ... --- • -.
New Mexico ....•..........•..•.
North Carolina ..•.•.......•.•..
Oregon ..........•.•••••.••••••.
South Carolina •.•..•.......•...
South Dakota .•...•.....•••••..
Tennessee. ___ • - •. - -- --- .,. --- -- -
6
11
I
49
6
6
7
110
16
=:::: ::: ::::: ::::::
28
Total •.•..•..•••••••••.. · -
986
ctah .....•.......••.........•••
Virginia .•.•.•.•.•...•.....•••.•
~~:r:c~~s1n°.~~
Wyoming .••.•..•..............•
Amount
withdrawn
or canceled
7 $13. 822, 9fi3. 77
$2,875. fi9
84 13, 9fi6, 802. 96 1, 9,12, 703. 81,
53 48, &'l8, 114. 41 7,995,029.58
32 5,101,341.35 2,100,601.01
188,542.86
34 8,896, 2SO. 28
28 2,655,215.33
787, 22fi. 77
41 3, f>OO. 001. 27
8,19, 144. 46
7
383,500.00
183,000.06
3
91,932.45
21,854. 36
19 I, 491, 4:13. 77
571. 522. 92
1
302,.\00.00
302,500.00
71 5,426,235.56
634, 782. 13
74 8,056,849.86 1,031.310. 01
14 1,587.249. 31
524,138.96
9 1,690.830. 20
125. 852. 94
4
969. 433. 00
434,856.91
9
891,307. 76
9,807. 76
I
38,000.00
I, 000. 16
2.1 2,981,736.46
102,946.42
119. fi71. 63
6
280,160.00
156, 100. 00
6,000.00
6
5
110,300.00
16,000.00
57 16,212,824.64
908,777.28
12
637,500.00
322,000.04
200. 00
2
136,200.00
17 1,424,495. 70
256, S.50. 00
I
22,000.00
22,000.00
2
46,900.00 ••••••••••••••
12
llfi
103
54
51
47
73
12
4
21
I
115
98
24
11
Texas ...••••......••.•••..•.•...
An'onnt
authorized
2
1
2
Amount
disbursed
Amount
outstanding
as of June
30, 1938'
$3,082,028.54 $3,030,828.28
9, fi.54, 07:l. 89 '9,197,636.55
23,411,727.65 23,225, 161.14
2,674,405.09 2,613, 8.10. 06
4,306, ,126. 35 4, Iii, 023. 84
1, :m:1, 382. 81 1,348,883.46
2,292,187.66 '2,181,068.34
194,735.28
177, 735. 34
69, 603. 70
68,025. 61
813, 181. 07
789,853.02
.•.....•.•....•.....•.•••••
4, 72.1, 412. 61 4,365,555.61
6,627,566.81 6, 172. 292. 58
1,036,726.28
983. 991. 98
1,520, 171. 36 1,475,881. 30
531. 576. 06
,533, 144. 66
79.>, 88.1. 87
702,885.87
36. 999. 81
36,499.84
2,816, 6fi2. 76 2,675,627.61
124,928.37
121,500.00
150, 100. 00
138. 200. 00
91,799.49
88,299.49
14,074, f,32. 8.1 13,835,303.60
315,499.96
275,500.00
136. 000. 00
132,000.00
1,116,872.00 1,020,600.00
••••••.•.•.•..••••.•.•.•.•.•
46,400.00
44,500.00
622 139,867, 168. 08 19,480, 795. 72 81,942,087. 23 79,405,834.18
TOTAL, ACT APPROVED JUNE 10, 1933, AS AMENDED
[Loans on, and a suhscrlption for, preferred stock ol insurance companies]
Kansas .•••••.••...•.•.•.•.•.•..
1faryland ••••••..•....•.•......
Michlean .••.••..•...•.....•....
1finnesota..•••...•••....•......
MissourL. .•.•••••.•............
Kew Jersey ..•••..............••
New York ...•.••.•.....•.......
North Carolina ••••....•.••.•••.
Total. ...•..••••.•.•.•••..
------------------------------------------------------------------
1
1
$100,000.00
1
3 22. 330, 000. 00
4, 125, 000. 00
I
100,000.00
1
150,000.00
1
1 4, 000. 000. 00
1 3, 500, 000. 00
I
50,000.00
12
10 34, 375, 000. 00
--------------
1
4
2
1
I
1
$100. 000. 00
$100,000.00
22, 3.50, 000. 00 17,448.450. 00
4, 125,000. (X)
100, 000. 00
150,000.00
4, 000, 000. 00
3, 500, 000. 00
50,000.00
-------------
---------------------------
3, 643, 894. 61
59,679.45
131,189.81
3, 600, 000. 00
2,277,000.00
48,999.62
34,375,000. 00 27,313,213.49
LOANS ON PR'EF'ERR'l"D STOCK OF INSURANC'E COMPANI'ES
[Under the act approved June 10, 1933, as amended]
Maryland ••••••••••••••••••••..
M ichlean .•.••••...•.•••••••.•.•
Minnesota .•••••••.•.•.•.•••.•.•
ML<asourL ••••••••.•.••.••••....
New Jersey •••••.•••.•••••••.••.
New York ...•...•.•••.•.•.•.•..
North Carolina .••••.•...•..••..
Total. .•••.•••••••••••••••
4
2
1
1
1
1
1,
3 ~22, 3M, 000. 00
1 4, 125, ooo. no
1
100,000.00
1
ISO, 000. 00
1 4,000,000.00
1 3,500,000.00
1
50,000.00
•••••••••••••• $22, 3M, 000. 00 $17,448,450.00
••••••••••••.• 4, 125, ooo. oo 3,648.894. 61
.•••••••••••..
100. 000. 00
59,679.45
.•.••••••••••.
150,000.00
130,189.81
···········•·· 4,000.000.00 3.600,000.00
·••··········· 3,500,000.00 2,277.000. 00
.•••••••••••••
SO, 000. 00
48. 999. 62
___ ,______ ,_____ ,__________
11
9 34,275,000.00 •••••••••••••• 34,275,000.00 27,213,213.49
Bee footnotes at end of table.
Digitized by
Google
38
REPORT OF RECONSTRUCTION FINANCE CORPORATION
4.-Number of authorizations and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, disbursements,
and amount outstanding, from Feb. 2, 1932, to June 30, 1938, inclusive, by
States 1-Continued
TABLE
SUBSCRIPTION FOR PRl<FERRl!:D STOCK OF AN INSURANCE COJ4PANY
[Under the act approved June 10, 1933, as amended)
Num- Number of ber ol
authori- bar•
State
Amount
authorized
zations rowers
Kansas_ •• _____________________ .
Total _____________________
1
- -1
Amount
withdrawn
or canceled
Amount
disbursed
Amount
outstanding
as of June
30, 1938 l
I
$100,000.00
--------------
$100,000.00
$100,000.00
1
100,000.00
--------------
100,000.00
100. 000. 00
TOTAL, ACT APPROVED APR.13, 1934, AS AMENDED
[Loans to finance the repair ol damage by earthquake, flood, or other catastrophe in 1933, 1934, 1935, and 1936]
California ______ . _______________ .
Connecticut_
Florida. _____ __
·--·-·-·---·--·----·
______________ ..
Georgia. _______________________ _
Maine·--··-··--·-·----··-·--·-·
Mary land ...• -·--· ___________ ._
Massachusetts ___________ ... _.. _
Mis~is~ippi ____________________ _
Montana
___ .---------·-·-···--New Hampshire
_______________ _
New Jprsey ____________________ _
New York _____________________ _
N nrth Carolina. _______________ _
Ohio .. ____ ---··-·-·---··-···-·-·
Pennsylvania
__________________ _
Texas ___ . _________________ .... __
West Virginia __________________ _
4
52
1
157
20
9
123
86
1
11
1
24
I
2
207
2
4
$897,170.00 $1, 2.52, 810. 00
$157,548 89
1 $2,150,000.00
51
142. 91.1. 00
51. 770. 00
91,175.00
66. 754. 6.l
50. 000. 00
3S. 4.19. 00
11, 54 I. 00
6. 083 S4
1
144 1, 33!i. 50'), 00
303. 694. 65
977. 80.5. 35
877. 748 89
20
2-1. 2!i0. 00
15. 800. 00
8,450.00
4,940.00
24. 600. 00
13, 000. 00
11. fiOO. 00
8, 6'12. 39
9
120
325. 15n. oo
2.,s. 335. oo
66. 824. oo
35,237 11
81
216,250.00
40,379.02
172,370.98
144. 18'1. 71
1
150. 000. 00
3~. 3r,5_ 00
116,635. 00
67,656.42
11
42,950.00
19,478. 86
23. 471. 14
18,172.94
500.00
500.00 ______________ ·-----·--·-···
1
21
36,072.00
30,583.25
17,625, 00
53,697.00
1
10. 500. 00
10,500.00 -·----------- ·--------·--·2
4, 900. 00 -···-·-·-----4.900.00
2.81809
199 1,035.387. 7.5
391,565.00
643. 822. 75
509. 772. 33
1
140, 000. 00
120, 000. 00
20, 000. 00
5. (l()(l. 00
27, 650. 00
6, 700. 00
20. 950 00
13. I76. 00
3
TotaJ. __________ •..... __ .•
705
667
5, 734, 288. 75
2,218,341. 53
3,458,447. 22
1,948,275.57
TOTAL, SEC.. 14 OF THE ACT APPROVED JUNE 19, 1934, AS AMENDED
11
[Loans to borrowers engaged in the mining, milling or smelting of ores)
Arizona ________________________ _
California _____ .. _____ .. ·--·-· •• _
Colorado _____ .• __ •• _. ______ . __ ••
Georgia ______ -···· •• ·-··-·-·-- __
Idaho_
-----···-··-----·-·····-Kentucky
_________________ , ••••
Montana •• ·--····---- ____ --·--·
Nevada _____ -·-· ____ •• _____ ·-· __
New Mexico ___________________ _
Ore~on _. ______ ---------·· •.•• __
South Carolina_-·--------·-·-··
South Dakota _________________ _
Utah_---··-··-----·------···-··
Vlr~inia. -·-·-·-·-·--------·-···
Wyoming
______________________ _
Alaska ___ •• ________ ----·--···--_
Tota). ___________________ _
34
42
10
2
2
1
9
11
3
5
1
1
3
2
1
10
137
28 $1,691, bOO. 00 $1,245,000.00
$437,500.00
$437. 5m. 00
34 3,328,500.00 1,027,500.00 1,556,000.00 1,221,000.00
10
735, 000. 00
672, 000. 00
63, 000. 00
60, 3%. 79
2
24. 000. 00
10, 000. 00
14, 000. 00
10, 824. M
2
240,000.00
240,000.00 -------·------ ·-·-·--·-··-··
1
120,000.00 ---·---······- ·----··------· ·----·-·-----·
8
980. 000. 00
252. 000. 00
528, 000 00
98. 000 00
11 3,365,000.00 3,145,000.00
210,000.00
64. 617 73
3
41, 000. 00
20, 000. 00
21, 000. 00
15, ooo. 00
4
428,500.00
413,500.00
15,000.00 -·--------··-·
1
20,000.00
20,000.00 ·-----------·- --······-----·
1
20,000.00
20,000.00 ·-·--·--····-· ----··---·-··3
60,000.00
20,000.00
14,000.00
14. 000. 00
2
22,000.00 ______________
14,000.00
14,000.00
20, 000. 00
15, 000. 00 .
5, 000. 00
5, 000 00
1
8 ~-~()()
~~00
~~()()
~-00
119 12, 150, 500. 00
7, 155, 000, 00
3, 790, 500. 00
2, 753, 248. 3G
TOTAL, SEC. 16 OF THE ACT APPROVED 1UNE 19, 1934, AS AMENDED
l-1I
[Loan to a public-school authority for payment of teachers' salaries due prior to 1une 1, 1934)
DUnols __________________________
Total.____________________
1
1 $22,500,000.001
$200,000.00 S22, 300,000. 001----- -------··.
1 22,500,000.00
200,000.00 22,300,000.00 ----------·-··
See footnotes at end of table.
Digitized by
Google
39
REPORT OF RECONSTRUCTION FINANCE CORPORATION
4.-Number of authorizations and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, disbursements,
and amount outstanding, from Feb. 2, 1932, to June 30, 1938, inclusive, by
States 1-Continued
TABLE
TOTAL, ACT APPROVED AUG. 24, 1935
(Loans to or for the benefit of tax-supported pnhlic-school <listrirts or other similar public-school authorities
In charge of public schools]
Num- ~umber 01 her'of
t~~;j. h<!rz:.i.lions ro\\ ers
State
Arkansas __ .. ····--·-·-···-··-._
Texas-.... -····-----·-·-·····-·_
22
Total. ........ ·-······ ... _
28
6
Amount
authorized
20 $1,123.800 00
883. 000. 00
6
26
2, 006, 800. 00
Amount
withdrawn
or canceled
Amount
disbursed
Amount
outstanding
as of June
30, 1938'
$313 300 00
$150,000.00
$150,000.00
210,500.00 -------------- -----·-··-····
543,800.00
150,000.00
150,000.00
1 "Borrowers'' lnclu<le app}ir-ants to whom 1oang hRve been authorized anct ingtitntiong in connection with
which purchases of preferred stock. capital notes or debentures have heen authorized. With respect to loans
on preferred stock, the figures represent the number of institutions on whose preferred stock the Corporation
authorized loans.
• Includes repayments unallocatect, pending advices. as or June 30, 1938.
a Includes 626 loans approved to fil2 fruit growers locat.e<l in rertain areas in ,va..~hington.
• These auth~rizations are not inrlucted in the State totals shown above, because the operations or the bor•
rowers orrlinarily are not confined to any one State.
1 Inclwles 12 authorizations in connection with refinancing ofloans previously made by the Corporation to
Fedt>ral land hanks.
• In<'luctes $193.618,000 representing refinancing or loans previously made by the Corporation to Federal
land banks for different in<lividuai amounts, hut in the same aggregate amount.
7 In addition. upon certification hy the Federal Emcrgem·y Relief Administrator. under the Federal
Emer1<en<'y Relief Act of 1933. the Corporation dishursed $499.6:io,ooo for relief, as shown in the appendix or
tat,Je 4; and disbursect $347,748.11 to the Federal Emergency Relief Administrator for expenses necessary
to carry out the pro,·isions of the ahove act.
1 or the $299.984,999 <lisbursed for relief and work relief as shown on table 4, page 32, $17,159,232.30 was
repaid to the Corporalion by States and politiral subdivisions. In addition, pursuaut to the provisions
of the act approvect Feb. 24, 1938. the Corporation's notes were canceled in the amount of $282,825,76f>.70,
equivalent to the balance of the amounts dishursed for relief and work relief under title I of the Emergency
Relief and Construction Act of 1932, as amended.
• Reviser!.
10 Duplications In the number of borrowers arise in cases where the Corporation makes authorizations to a
bank or trust company under more than one of the classifications under sec. 304 or the act approved Mar. II,
1933, as amended.
11 Classified by States according to the location M the property of the borrowers.
APPENDJl[ TO
TABLE 4-(Not included in the foregoing table
4)
Amount of ctisbursements for relier upon certification of irrants by the Ferteral Emergency Relief
Actministrator, uncter the Federal Emergency Relief Act or 1933, from May 12, ig33, to June 30,
1938, inclusive, by States
Amount
Amount
disbur.•l'd
State:
distur,ed
State:
A labamP _•..•. __ •••.•• _•••• _••• $S, 994, ~nl
New Jersey----·····-··---······ $15,423,438
New Mexico--······-·---·-·-···
88V, 188
Arizona._-·····-···-·-··--···-- 2,834, 146
Ar krmsns ..•••••••. _•.•. _.. _•... 7,410,249
!'iew York-----····-··-·-······· 63,131,826
North Carolina..• -·-·······-··· 9,709,990
Califomin. _-····· .. ·······--··· 15, 82:l, 535
North Dakota.................. 3, 612, 520
Colorado .. -···-··--···-·····-·· 3. 925,050
Connecticut ••••••• _____ .• _···"· 4,5'.)4,1.54
Ohio ..• ---·--··········-······· 36,763,382
Delaware __ . ________ ---···--···· 1,010,708
Oklahoma.•. ·-··-·············· 6,309,005
District or Columbia_ •••. ·-·-·· 1,056,174
Oreron. -·-····-·····-·········· 3,213.315
F Jorida •••• _•••••••.••••• _•••• __ 13,347,232
Pennsylvania-·········-········ 44,106,509
Georgia.•...••••.•.•.•. --······· 7,705,354
Rhode Island __ ·······-········- 1,870,967
809. 957
South Carolina .•••••• -......... 10,424,200
I<l~ho __ ••••••.•.• ····-···-···· _
Illinois •••.•••..•••••••••••••.•• 52,240,038
South Dakota.................. 7. 035, 597
Indi,.na. _•• ·······- .•••...••••• 11, 2.59, 425
TcnnClSSee .• _•• , •• -·-··-····-··· 6,369,196
TexllS __ ••.. -·-···-·········- •.• 13, 2W, 874
Iowa ... ········-······-······ .. 5,248, 789
Kansa, ..•••••••• ·-•••••••••. -.• 2,732,726
Utah.··············-··········· 1,723,352
5,945,118
Vermont •• -·········•··········
481,544
13,034, 157
Virginia_....................... 5,594,074
Washington •.••••. -............ 5,627,175
Maine ....•.. ·-···············-· 1,251,414
Maryland_ ...•••• -· •... _•• _•• _. 7,171,098
West Virginia ••• ·-·······--···· 11,090,599
M asg~ch1Lsetts .••.. _••••••• _•••• 11,355,140
Wisconsin_········-···········- 9,619,053
Michigan.••••••••••.•••••.••••• 31,369, 782
Wyoming··········-·--"-···-··
190,383
8,831,959
Alask9.-··-··············-···-·
349,629
8, ,550, 286
Hawaii. .. ·-···-··········-····· 1,110,561
Puerto Rico.................... 1,970,201
Missouri._ ••••••• -•••••• -••••.• 6,685,494
Mon tana......... -· .. _........ . 2,853.357
Virgin Islands..................
281, 753
NPhra,ka •• _•• ·····-··-·· •••••• 2, 12fi. 699
370,801
Total......................... 499, 650, 000
Nevada .. _-········-···--··--··
New Hampshire........... _.. __
966,'36
e:~~y~~::::::::::::::::::::::
~~t!;ii:;c:::::::::::::::::::
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Google
TABLE
~
5.-Loan and other authorizations, by character of loans, etc.I
(From Feb. 2, 1932, to June 30, 1933, inclusive
Withdrawals or
cancelations
Authorizations
R epayments and
other reductions'
Disbursements
I ofOut,tanding
as
June 30, 1933
~
RANKS AND TRUST COMPANIES I
Loans to aid in the reorganization or liquidation of closed banks:
To recei vers, liquidating agents, and conservators ___________ _-----·-··- __ --··-- 1$1, 187. 610,924. 91
Through mortgage loan com panies ____ __·---·-----·-------·----··-·---·-·-----119,474,123.58
On assets of closed banks, under sec. 5e of the Reconstruction Finance Corporation Act, as amended_-··-· ··-•-····----·-·-·---·········-···-·····-·- · -·-18,588,183.25
$298, 206. 509. 45
18, 229, 602. 76
Total, to aid in the reorganization or liquidat ion of closed banks--·-·-----···
1, 325, 673, 236. 74
1, 334,545.653. 65
23,274,755.00
839. 593, 434. 00
433, 461. 350. 00
Purchases of capital notes or debentures .. •··-··-···--·········-·········- · ···-----
~~~~H1iir~~:1!tf~~id:ifu~~:::::::::::::::::::::::::::::::::::::'.:::::::::::::
Total, banks and trust companies
$860. 220,815.21
101, 154, 845. 82
$805, 204, 204. 78
80, 145,373.04
1. 382. 291. 35
15, 685, 640. 27
12,153.382. 43
317,813.403.56
196, 302, 290. 33
5, 126, 025. 00
73,816 027. 44
90, 549, 500. 00
977,061,301.30
1,13 3,077,335. 77
18. 14~. 730. 00
733, 159. 855. 56
341,176, 35J. 00
893, 502. 960. 25
1, 055. 230, 034. 51
8,05 1,877.50
31~. 793,738.97
206, 880, 951. I8
3, 956, 518, 479. 39
683,612,246.33
Loans to r ecei vers .... . ...•....... ...................... . . . .... .... . · ····- · -·-·--·Loans to others
25. 141,957.84
123, 303. 241. 56
21. 6!0, 057. 33
7, 3S5, 622. 73
Total, building and loan associations ..... ............ .. . ... .. . ....•. · - · ··-·-·
148, 445, 199. 40
-3,212,613,574.63
-----
$54,016,610.43
21. 009, 472. 78
(1)
Q_
~
Lo
Lo:~:·o~r;;!ierred·stock::::::::::::::::::::::::=::::::::::::::::::::::::: ::::: ::::
Subscription for preferred stock .....•.. . ... . ·-········· ··· · ·············· ··· ····· ··
CJ
0
~........
(v
INSURANCE COMPANIES
Total, insurance companies.. . ... ........................ . . .... ...... . .......
Lo
82,847, 30l. 26
IO. 096, 852. 50
419,366,067.59
131,295.393. 82
Total, mortgage loan companies•···- · ············· ····· · ·· ·• ····· •···••·····
z
r:n
8
l:0
d
725, 163. 962. 22
2,816,900.46
115,292, 757. 65
2,06 1,579. 72
11 3,733,462. 78
755. 310. 71
1. 551. 29!. 87
0
29, 025, ~so. 11
118, 103, 65S. 11
115, 800, 012. 50
2. 303,615.61
"'.l
~!: g~t
b~~: 6~
100,000.00
13,33 1,44 1. 86
--------
90, 693, 209. 8 I
34,275,000.00
100,000.00
87, 162, 753. 18
7, 061, 736. 51
3, 530, 451. 63
27, 213. 213. 49
100,000.00
0
133,414,750. 191
13, 331.441. 86
30,843, 665. 12
0
====
1- - - -
-
1
--------
125, 063, 209. 81
------- ------------94. 224, 544. 69
~
....
z
....
~
t:_:tj
0
MORTGAGE LOAN COMPANIES I
ans-direc·L ••. . . .•.... .•. . ... . • •...•.• .•.....•.•...••• _. _•..•• -··· •. . • . • .• . . . . . .
Loans to The RFC Mortgage Co_· --· · ···· ··· · ············· · ················· ··· ··
Subscription for stock of The RFC Mortgage Co __ ··· · ··········-········· ······· ·
Subscription for stock of the Federal National Mortgage Association •. ·-··········Subscription for stock of other mortgage loan companies. ................ ........ ..
"'.l
3. 532, 257. 84
-78,- - 00~
553. 341. 05
0
;;a·
0
2, 4S7, 459,612.41
RUILDING AND LOAN ASSOCIATIONS
cg:
:.,,
310, 393, 223. 49
102,051, 777. 71
85,011,636.82
25,000,000.00
11,000, 000.00 . •...... . ....... ..
1,250. 000. 00
1,250, 0J0. 00
236,202,774.361
175,226,87 1.86
79, 171,155.61
64,160,555.27
25,000,000. 00 - · -· ··
---·
11, 000, 000. 00 ....•.
·---
60, 97 5, ooi. 50
15,010,600.31
25, 000, 000. 00
11, 000, 000. 00
.,,l:0
0
l:0
--------------1-------1-------1----- 0~....
11 I, 936, 50?.. 84
239,337,428.13
351. 373,930.07
45Z, 639,860.31
103, 301.777. 71
1
=-~========l==a.=====t
z
~ORICU'LTURAL FINANCTNG INSTITUTIONS, ETC.
Loans to Federal land banks ---- - -· -· - · - - - · · ·· ·· ·- ··-······-· · ·-············· ··
Loa ns to Federal intermediate credit banks __··-······-······· ···· ···· - - ···-···
Loans to regional agricultural credit corporations .••••.•••••• _········ · ······-Loans to Commodity C red it Corporation _·· · · --· · ······· ······· ···--··········
Loans to Secretary of Agriculture to acquire cotton ••.•....••••• ·-· ···· -········
Loans to Joint•stock land banks····· ···· ·--··-······················ ··········
Loans to agricultural credit corporatlons_ . __ . __ ..•• _.. . ... .. . __··-··· -·· ·· ·-··
Loans to li vestock credit corporations._. ____ . . ..... ....... ... ....... .. ...•..•..
Loan s for finan cing exports of agr icul tural surplu~es ..•• _-·-----·-· .. ··-· ··-·--·
Loans for financing agr icultural commodities and livestock _··· · -·-·- · ····-·····
I 399, 636, 000. 00
9, 250, 000. 00
178, 840, 452. 48
I, 601, 712, 664. 09
23, 500, 000. 00
28, 47 l, 572. 68
6, 120,867.59
14,511,327.88
53, 370, 955. 22
86,061,513.08
Total, agricultural financing institutions, etc·-·· · - ·-·---·-· · · · ··· -·-·····
2. 40t, 475, 353. 92
6,017,270,
387, 230, 000. 00
1382, 218,723.40
666, 078, 3<16. 46
20, 200, 000. 00
5,815, 014.31
477,249. 37
I, 539, 729. 19
33, 146, 368. 56
66, 367, 021. 30
0, 260. 000. 00
173, 243, 640. 72
707,716,962.21
3, 300, 000. 00
21,418,889.05
5,643,618. 22
12,071,593.69
20, 224, 580. 66
JO, 604,491. 78
173, 243. 640. 72
767,716,962. 21
3, 300, 000. 00
16,323,0 19. 74
5, 553, 631. II
12,971,598. 60
20, 177, 690. 67
18, 605, 543. 20
712. 2ZO, 510. 98
I, 420, 509,787.33
I. 409, 305, 839. 83
11 , 143,947. 60
12, 400, 000. 00
-----------------5,596, 81J. 76
- - - - - - -·
I
9, 250, 000. 00
---------------·
-------- ------- ---------------·
----------------
trl
--------- 46.----··
8f5. 99
,-3
5, OJ5, 839.
84,957.
808, Ot8. 58
28, 965, 060. 00
662, 458, 335. 00
844,791.00
105, li48, 764. 89
28, 121, 169. 00
MO, 059, 570. 11
2,720, 062. 20
181,761,966. 31
2.5, 401, 11)6. 80
368, 297, 603. 80
Total, railroads.··-·-·-_.·- -·- ·-·_.:. ... ..... ··-· ·-·. · --- · - - ·- •.... -- ·-·-
691, 424,295.00
106, 393. 555. 89
578, 180, 739. 11
184, 182, 028. 51
393, 698, 710. 60
202,978,581.69
167,500.00
16, 422,275.00
57, 702. 8'i2. 11
52. 833. 6;
JO, 720, 439. 85
106, 169,900. 46
114. 661. 35
5, 701,835. 15
211, 79~. 023. 92
114. 0,1. 35
4, 3.'lO, 079. 51
809, 700.00
79, 900.00
719,675.00
244. 359. 42
475,315. 58
220, 378, 056. OJ
GS, i'56. 030. 61
34,487. 124. 20
78, 21q, 037. , 6
B USIN ESS ENTERPR ISES
Total, Joans to business enterprises _··· · ···· ··· ···-· · · -·- · - - ·· ······ ··· ·
11 2, 706, IOI. 9G
1, 3il , 755.
12, 150, 500. 00
7, 155,000.00
3. 790. 500. 00
I. 037. 25 1. 64
2. 753, 248. 3e
399,967,487.36
31,603,243. 14
302, 717, 389. 46
63, 407, 530. 63
239, 309, 85S. 83
SELF·LJQ UIDATING PR01ECTS , ETC .
0
cg:
"'
(1)
Q_
~
CJ
0
~
~
Loans on seJI.Jiquidating projects under sec. 201 (a) of the Emergency Relief
Construction Act of 1932, as amended. · - --- - -··-····· · ·····-·· · ····-------·-Loans to public bodies for construction, etc., under sec. 5d of the Reconstru ct
Finance Corporation Act, as amended_···- - · ---······· · · · · ··- · · · ·--·-· - -·--Total, sell•liquidatio~ projects,
0
"'.l.
::rl
<'":l
0
:.,.
..,,00
I":
..,,
....
0
~
....~
:.,.
;;,..
z~
t%J
12, 130, 500. 00
----- -- ------ ---- - ·------- ---- ------ -- ---- -- ------- --- ---- -----------------
412,097,987. 36
31, 6J3, 243. 14
302. 717. 3S9. 46
139,867, 168. 08
19, 480, 795. 72
81,942,087. 23
63, 407.530. 63
239, 309. 858. 83
DRAINAGE , LEVEE, IRRIGATION, AND SIM ILAR DISTRICTS
Loans, totaL ________ _
~
~
76,371.966.
MIN IN G, MILLING, OR SMELTING OF ORES
Loans ,
~
~
RAILROADS
Loans to receivers and trustees .• ·-·-· - --·-· · ·· ·· ··- · · - ···· · -· · ·-·-· · -···-····- ·
Loans to others_.-······-· -··- · - ·· . . • ·· -- -·-··········-····-·-·-·-·· . .... ..... .
Loans to business enterprises:
Dir ect (including participations) .... .
Through banks .... ·- · · --- --· -· .. . · · ····- -·.·-·--·-_·- ... _____ _·--···-----·
Through mort gage loan companies ___ · ····· · ····- --- - -·-----·-·----·---- -··
Fishing industry under sec. 5 of the Reconstruction Finance Corporation A
as amended _· -···· · ···· ··- ···-· - ··--- -- ··-· · · · · ···· ······ ··-·· ··· ··-·· ·· ·
~
2, 535, 253. 05 -
79, 40-\ 834. 18
<":)
0
~
'ti
~
....
0
See footnotes at end of table.
z
....
~
TABLE
~
5.-Loan and other authorizations, by character of loans, elc.L-Continued
[From Feb. 2, 1932. to June 30, 1938, inclusive]
I ofOutstancling
·as
June 30, 1938
Authorizations
Withdrawals or
cancelations
$10, 450. 232. 20
$1, 921, 124. 10
$3, 529, 108. 10
$4,707,410. 15
$3, 821,697. 95
1, 711, 962. 75
4, 022, 326. 00
820, 590. no
1,397,751.53
891, 372. 75
2, 567, 074.47
187, 6,54. 61
1,322,517. 04
703, 718. 14
1,244,557.43
16, 184, 520. 95
4. 139. 465. 63
11, 987, 555. 32
6, 21i, 581. 80
5, 769, 973. 52
642, 967.80
26, 089. 27
13, 087, 715. 88
2, 006, 800. 00
22, 500, 000. 00
42,872. 01
11, 371. 21
23, 084. 70
543. 800. 00
200,000.00
600. 09:i. 79
14, 718.06
13,064, 631. 18
150, 000.00
22, 300, 000. 00
476, 918, 21
14, 718 on
13, 064, 63 I. 18
123, 177. 58
15,001.00
29g, 984, 999. 00
46, 500, 000. 00
' 299, 984, 999. 00
2, 425. 46
46,497, 574. 54
Disbursements
Repayments and
other reductions'
~
REPAIR OF DAMAGE BY EARTHQUAKE, FLOOD, 'ETC.
Loans to repflir damage in 1933 ______________________ ______________________________ _
Loans to repair damage in 1933, 1934, 1935, and 1936:
To business enterprises __________________ ------------------------------------- To others __ ________________________________________________ - --- -- -- ------ -- -- -Total, repair or damage by earthquake, flood,
-------
OTHER
Loans to credit unions ___________________________ ---- ------ - ----------------------Loans to processors or distributors subject to processing taxes ____ ____ __________ ___ _
Loans to State funds for securing repayment of deposits of public moneys ____ _____ _
Loans to refinance public-school district obligations ____________________ ___________ _
Loan for payment of teachers' salaries __ ____________ __________ _____ _______ ___ __ ____ _
Amounts made available for relief and work relief, under the Emergency Relief and
Construction Act of 1932, as amended ______________________________________ _____ _
Loan to Rural Electrification Administration _____________________________________ _
300, 000, 000. 00
46, 500, 000. 00
Total, other __________ ________________ -- -- -- ---- -- -- -- ----- - --- - ---- -- -- -- ----
384, 763, 572. 95
835. 128. 92
382,614,444. 03
335, 843 , 691. 91
46. 770, 75~. 12
8,987,419,744.24
I, 779, 655, 906. 90
' 6, 701, 624, 037. 96
• 4,974,248, 929. 30
I, 727, 375. 108. 66
Grand total
1
------------------
-
-- ---- ---- ----------
---------------------------------150,000.00
22, 300, 000. 00
0
,,g
~
0
~
l:ll
~
...
0
~
Excludes allocations to other governnientRl agencies; purchases of securities from Public Works Administration; and commitments outstanding.
Excludes repayments unallocated, pending advices, as of June 30, 1938.
Excludes loans through banks to business enterprises.
' Excludes loans through mortgage loan companies to aid closed banks, and to business enterprises.
• Includes $193,618,000 representing refinancing of loans previously made by tbe Corporation to Federal land banks for different Individual amounts, but in the same aggregate
amount.
• Includes $17,159,232.30 representing repayments and other reductions by States and political subdivisions; and $282,825,766.70 representing cancelation of the Corporation's
notes, pursuant to the pro,•lsions of the act approved Feb. 24, 1938, equivalent to the balance or the amounts disbursed .
r In addition, upon oertlllcation by the Federal Emergency Relief Administrator, under the Federal Emergency Relief Act of 1933, the Corporation bad disbursed $499,650,000
for relief, and '347,748.11 for expeDSeB necessary to carry out the provisions of the above act.
• Of this amount, $282,82:1,766.70 represents cancelatlon of the Corporation's notes, pursuant to the provl~ions of the act approved Feb. 24, 1938, equivalent to the balance of the
amoun&a dlaburaed for rellaf and work relier under title I of the Emergency Reller and Construction Act of 1932, as amended.
1
1
~'ti
0
z
"".l
i
0
0
I
REPORT OF RECONSTRUCTION FINANCE COHPORATION
43
6.-Amount of authorizations, disbursements, repayments and other reductions, and amounts outstanding from Feb. 2, 1932, to June SO, 1938, inclusive,
by classes and months 1
TABLE
GRAND TOTAL
Year and month
Amount of rlisbursements
Amount of authorizations •
1932
February_________________
March.·--------________
AµriL.. __________________
$91, 601. 057. 00
H2, 3:l:l, 075. 06
Z28. 771. fif\7. 33
$70, 868, 417. 52
121,477,890.49
15S, 54:l, 323 23
May-·····-·---·--·--·--.
June.
____________________
July ______________________
Au~ust._ _________________
Seµtember _______________
Oclober _________________
Kovember _______________
December________________
lW, 450,025.39
388. 2.'\I, 24fi. 63
170. !1:14, 728. 59
189, Ofi8. IOtJ. 31
138,480, 782. 93
162, 37:1. 944. 36
96. 598. 9SO. 32
128, 332, 5;,8. 65
Total ___ .----------
I, 936,199,172.57
Amount of repayments anrl other
reductions
2'JS. 27ti, 816. ,,9
171,149,931.86
146, ISO, 913. 71
72, 120,713.91
137, 62:l, 749. 68
6 I, 020, .'i58. 96
131. .,01. 2fi3. 75
7, OOU, O>!O. 50
16, 4·10. 727. 23
48. 681,900. 92
34, 6IS, 181. 07
35, 2:l2, 968. 30
44, 903. 158 06
47, 5().5, 316. 28
27,180,977.01
29. 42:l. 41,> 68
$70, 849, 572. 52
183, 45.1, 579. 71
331. 987,822. 4f
4 74, 530, 654. 33
72•!, 122. 570. 00
8r.o. 657,320. 79
97 I, 60,>, 266. 20
998, 822, 822. 05
I. OS8, 881, 255. 45
I. 122, 720, S:l7. 37
1,224. 798. 685 44
I, 524,747,138.82
2U9, 948, 45J. 3S
I, 224. 798, 68.I. 44
1,310,341,151.07
1,473, 8f,8, S78. 7'I
1,597,588,446. 63
I, 674,874,849. 4.'>
1, ~2.1, 880, 495. 20
1,852.901, .,03. 6S
1, 8;i5, 2\ll, 601. 24
1,864,899.676. 7.'>
1,842,436.919. 9-l
1,821,398,681. 7J
1, 956. 669, 701. M
2, 258, 633, 111. 59
$18,845.00
8, 87:J, 883. :JO
l!'iS. UH:3, 559. 12
1933
January ___ • ______ - - -- ---February ____ . _________ -.
March. __________________
April.
___________ ----- --- ..
May ____________________
Ione. ____________________
July ______________________
August.. _________________
il<lptember _______________
October. _________________
November ______________ December _______________ .
TotaJ __________ • ____
Amountoutstanrl in~ at end
of period
142,844,447. 43
283, I 71,473. 85
217, 7:J2, 207. 45
162. 526, f,31. 98
141, Y28, 875. 46
l,'4, 017, sso. 32
201,021,785.36
57,792,381, 18
44, 791, 443. 05
5 I 7, 3!!8, 597. 97
347, ,'>:Jfi, 421. 06
475,432.646. 36
117, 99.'i, 293. 92
19<J, 4<J9, 330. 83
179, 5:l:l, 134. 72
117, 500, 398. 87
19.1, 805, s.',4. 81
115. 339,396. 98
8.1, 128,537. 43
39,271,494. 74
48, f>4fi, 412. 75
18fl, 473, 06S. 01
3fJ9, S37 ..,93. 42
32, 452, 828. 29
35,011. w:i. rn
M. 813, 566. 83
40,213,996.05
46, 800, 20<J. 06
94, 656, 029. 32
112,949,299.42
73. 520, 461. 92
61, i34, 2Sl. 55
69, 684, 6,50. 98
51,202,045.08
67,574. 18.1. 47
2,746,217, 79197
I, 776,407,551.28
742,573, 125, 13
2, 2S8, r,;J3, 111. 59
406, 213, 217. 84
!32, 4,'>3, 627. 03
19fi, 7,50, 9-18. 78
101. 690. 047. 09
10.,, 719, 9S7. 01
• 261. .547, 646. 98
72. 792,004. 6S
188, 298, 608. 36
288, 771 , 9.55. 19
192,322, 799. 21
53,612,012.41
116, 538, 752. 03
343,781,484.63
138,223,573. 21
174,702,436.92
137,503,338.54
100,482, 02.,. 14
205, 212,280.51
I 278, 190, 3o:l. 16
115,003,399.80
54,364,910. 22
60. 087, 192. 3.5
87, 827, 623. 32
132, .546, 512. 48
86. 163, 678. 38
82, 739, 872. 0 I
91,311,849.17
91, J23, 212. 32
66,997,270.39
67,831,380.42
t 443,161.666. 45
136, 883, 990. 63
71,019,841.07
79, 142, 232. 20
73,407,395. 8.'i
114, 654. 72.1. 17
2,516,250, 9!7. 84
2,571,734,619.04
2, 655, 125, 206. 79
2, 701. :Alo, 333. 01
2. 734,990,087. 76
2, 872, 370, 987. 85
2,707,399,624. 56
2, 68.5, ,I I0, 033. 73
2, 668, 86t, 102. 8S
2, 649, 809, 063. 03
2, 664, 229, 290, 50
2 AA2 121 07781
'2, 116, 71 I. 576. 58
1, 827, 925, 080. 28
1,404,437,114.00
32, 143, 248, 47
19,850,030. 26
37. 057, 127, 58
58, 444, 786, 45
32, an. 609. 22
138, .1.1,1, 994. 07
28, 2.~1. 080. 00
I 26. 2r,3, 593, 76
130, 22.5, 477. 53
30. 382, 7.59. 40
121. 318,317.28
39, AA1, 602. 9.5
49, 275, 454. 45
54. 737,368.83
39. 624, 905. 90
56, !04, 278. 17
61, 729, 009. 88
137,909,087. 21
124, ,588, 307. 71
51,347, f\44. 38
42, 029, 803. 99
28, 436, 221. 25
17,986.037. 69
43,792,967, 11
73,431, .516. 58
60, 582, 383. 40
54,747.687, 70
48, 076. 834, 97
46,989,617.07
53, 863, 16,5. 23
60. 091, 046. 99
40, 278, 281. 99
34, 940, 786. 92
47,011,116. 5.1
34, 143, 979. 73
100. R4.I, 402. 79
2,657, 96.5, OI 5. 68
2, 652. 120. 001, 11
2,636,997,219.31
2, 64.1, 024, 6S2. 51
2, 659, 764, 055. 32
2,743,809,977.30
2, 808, 307, 2:l8. 02
2, 819, 376, 600. 41
2,826,465,617.48
2, 807, 890. 722. 20
?, 791. i".l2, 780. lfi
2,728,680.344. •8
694, 751, 626. 97
707,561,086, 57
661,001,819. \HJ
2, 728, 680, 344. 48
24, 616, 7! 2, 69
14, 550, 320. 97
118,681.078. 95
36, 161,714.96
a 86, 7f>6, 870. 9!
I 27, 873, 909. 23
I 170, 700, 496, 83
43,606. 754. 54
7, 660, 361. 24
27, I 97. 019. 77
1 I. 983, 136. 28
I 8. 935, 348. 97
62, 162, 133. 42
16. 990, 71 l. 44
19, 472, 138. 21
28, fiOI, 474 . .57
25,788,347. 90
23, 103, 343. SO
42, 200, 622. ,53
27, Il9, 391. 90
18, 627, 653. 01
28, 403, 788. 54
10, 835, 460. 87
2,1, 007, 8.11. 62
49, 420, 6fi0. 65
52, 691, 446. 85
75,355,568. 31
46,190,361.91
150, 760,907.52
112,566,613, 95
238,617, 224, 01
37,692,959, 78
I 26, 860, I 37. 49
34,990.512. IO
33,898.211. 49
63,318. 770. 11
2, 741, 42], 827. 2;
2, 705,721,091. Si
2,649, S:ii, fifi I. 71
2. 632,218, 77'!. 40
2. 507. 276,214. 78
2,417,812,911. 33
2,221,396,342.85
2. 210,822,774.97
2, 202, .590, 290. 41>
2, 196. Oo:J, .51\fi. 93
2. 172,910,816.31
2, 134. 68Q, 877 82
922, 363, 3fl4, 17
2, 134, 689, 877. 82
123, fi77. 037. 80
1934
January __________________
~~:c'fY--~~====:::::==
::
April _____________________
May. ___________________ .
June. ___________________ •
July ______________________
August. __________________
il<lptember _______________
October .. ·--------- ______
t::i:.-_::::::::::::::
Total ______________
I
1935
Ianuary
a~::ry··--------------_________________
eptember. ______________
l·:••=:•=•===•:==••
0
t:!0:(====:::::::::
j
=~
Total _______________
~; t~i=-----------------;~
.,
'
:I'-::.
?
u
!;';
t;i
li
,n
1936
::':
;
I
2, 6,Sl, 121, U7i.
~~':}ll •••:ll'l
se:~ber _______________
~::~:~~:::::::::::::
Total ______________
I
I
578, 733, 725, 34
'
328,372,897.51
I
See footnotes at end of table.
Digitized by
Google
44
REPORT OF RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursements, repayments and other reductions, and amounts outstanding from Feb. 2, 1932, to June SO, 1938, inclusi11e,
by classes and months 1-Continued
TABLE
0 RAND TOT AL-Continued
Year and month
Amount of author•
lzatlons •
Amount of repay.
ments and other
reductions
Amount of dis·
bursements
Amount outstandimr at end
of period
1937
.January••..•••..•••..••••
February ..••••...••.••••.
March •.••..••.......•.••..
June...•••.•.........•.•.
. July.•...•...•....•....•..
August..••..•.•.•.•.•.•..
.September •••....•.......
October.•.••.•.•.•••..•.•
·November•••...•...•..•.
·December.••••...•...•...
$14,417,708.99
I 8, 573, 558. 25
112,355,121.36
• 97, 280, 504. 82
I 39, 059, 266. 08
•01, 192,414.16
194,529,750.74
I 159, 80!, 381. 31
40, 315, 761. 24
Ii, 586, 471. !iO
8,801,153.92
I 83, Ofll, 502. 44
$48,158,198.30
15, 705,071. 11
16, 394, 887. 98
26,075, 199. 15
11,364,373. 76
28, 474, 505. 42
38, 372, 893. fll
13, 838, 981. 64
24,161,285.17
24, 353, 488. 24
33, 279, 122. 08
67, 318, 572. 20
a $35, 492, 802. 23
' 37,357, 119. 68
I 88, 231, 105. 02
142,317,284. ff/
• 26, 245, 972. 64
23, 621, 504. 72
I 24, 964, 760. 20
• 76, 988, 648. 85
• 15,983,439. 46
I 16, 369, 756. 98
I 12, fill, 240. 37
I 27, 63!i, 648. 95
$2, 147, 355, 273. 811
2, 125, 703,225.32
2,053,867,008.211
2, 037, 624, 922. 158
2, 022, 743, 323. ll8
2, 027, 596, 324. 38
2, 041, 004, 4&7. 25
1,977, 854,800.M
1,986,032, 645. 75
1,994,016,377.01
2, 015, 224. 258. 72
2, OM, 907, 181. 'IT
Total ••••••..•••.•.•
' 624, 920, 594. 81
347, 496, 578. 12
I
427,279, 273. 97
2,054, 907, 181. 'IT
45,621,441. 05
32, 348, 006. 48
25, 257, 016. 02
32, 605, 557. 77
36, 258, 563. 47
25, 482, 818. 71
I
I I
I 9, 662, 136. 16
• 33, 733, 663. 14
293,418,432.88
2, 067, 850, 603. 58
2, 070, 375, 500. 91
1, 802, 439, 889. 74
103, 226, 463. 55
94, 346, 939. 95
I I
346, 814, 232. 18
1, 802, 439, 889. 74
104. 059, 212. 42
38,218,011. 14
44, 381, 568. 89
29, 318, 105. 84
37, 846, 355. 25
27,602,304.34
11, 232, 949. !i2
146, 240, 779. 91
e 12,357,817.08
1, 820, 525, 048. OIi
1,712,130, 1121.40
1, 727, 375, !CR 1111
tf:f=:::::::::::::::::::
1938
January••...•••.•.....•••
February••••..•.•.•.•.•..
March •..••.••••.•.••••.•
Total, first quarter.
April.. •.....•..•....•.•..
May •.•.•••••••...•••.•••
1une•••.•••••••••••••.•..
1
I
I
Total, second quar•
ter •••••.•.•••••.•
186, 658, 792. 45
94, 766, 765. 43
Grand total.. ••.•.•
8,987,419, 744. 24
6, 701, 624, 037. 96
169,831, 546. 51
1,727,375,108.1111
84,974,248,929, 30
1,727,375, 108.1111
I
I
TOTAL, SEC. 5, RECONSTRUCTION FINANCE CORPORATION ACT, AB AMENDED
$1, 623, 154,844. 44
1,529,578,898.18
856, 293, 083. 97
180,461,830.98
$1, 427, 603, 122. 64
1,156,842,666.34
780, 555, 918. 13
174,443,104.84
$299, 832, 996. 43
734, 506, 495. 63
1,034, 931, 988. 32
604, 749, 934. 59
$1, 12'i, 770,126.21
1, 51iO. 106, 21111. la
1, 295, 730, 22G. 71
June •••••••••••.•.••.•••.
July.·············· •.•••.
Augu..st•.•.•••...••.•.•••.
September•••.•••••••••••
October......•••••••.•.•.
November __ ••••••.•.....
December•••••.....•.•••.
17,5fl2,321.82
4,797,977.98
109,430,139.36
26, 122, 916. 07
22,525,313.62
8, 3'0, 139. 58
2, 779, 967. W
28, 242, 679. 87
3, 596, 5i8. 21
11,813, 499. 38
R, 442, 602. 55
1 2,813,097.33
5, 845, 842. 34
8, 766, 711. 17
6, 883, 435. 42
12,590,452.21
11,124,092.12
4, lfO, fO@. 06
16,946,451.02
9, 785, 793. 42
5. 974, 234. 27
15, 062, 862. 03
4, 187, 208. 76
15,762,093.27
42, 71!5, 661. 99
32, 095, 358. 67
60,016,366.67
18,441,445.66
20, 882, 492. 04
24, 134, 628. 57
66,701,434. 40
16,038,61,5. 17
19, 922, 639. 38
24, 083, 060. 27
25,017,433.84
22, 252, 042. 76
928, 483, 577. 3S
005, 154,
ss
852,021,9118.81
846, 171, 005. 13
836,412,605.21
816, 458, 584. 'Ill
766, 703, WL 32
760, 450, 73U7
746, !i02, 334.48
737, 482, 136. :D
716,651,911.14
710, 161,961.116
Total •••••••••.••.•
• 246, 437, 232. 92
117, 109,784.09
• 372,371,219. 42
710, 161,961.116
June.················ •••.
July.·-········•··· ..•.••
August••.•.•.••.••••••••.
September••..••.•.••.•••
October..•••••••••.••••••
November •••.•••••••••••
December••••••••••••••••
9, 050, 044. 36
590, 733. F6
' 3,497, 423. 12
14,635,207.45
• 30, 7f9, 770. 04
• 18, 394, OCS. F8
3, 189,157.95
6, 844, Of 6. 63
37,734,359.14
346,694.20
253,458.81
I 3,912,299.99
4, 146, 582. 10
•• 616, 662. 24
5,481,114.51
IO, 361,963.20
2, 941,227.46
13,649,128.95
14, 922, 131. 95
6, 574, 994. 30
11, 646, 355. 86
7,343, 922. FO
4,077,689.07
14, 236, f35. 65
17,025,333.56
12, 595, 128. 00
27,814,279.44
14, 662, 60li. 55
10,619, 269. 45
7,178,407.61
15,267,848.47
9,619, 376. 21
8, 466, 458. 80
9, 62e, Sf.4. 34
I 9,194,334.63
I 12. 285, 142. 01
697,283,210. II
689, 304, 744. 43
666, 971, 57V. r,o
662,670,1134. ii
654, m, 892. II
661,4R3,6J3.fl0
661, 117,Stlft.118
658,073,515.07
661,253,412. )3
658. 970. 410. al
653, E53, 825. i,
655,805,518.67
Total--············
• 132 238,144.43
99, 998, 608. 09
154,355,051.07
655,805,518.67
1932••••••••••••••••••.•••
1933•••.••••••••••••••••••
1934•••••••••••••••.•••••.
1936••.•••••.•••.••.••••••
965, 423. 3911.1111
1936
1anuary.•....••....••..••
February ••.•.•..•••••..•
March ..••.•.•••.•...•.••
tfa1·=::: :::: ::::::::::::
1937
January••.•••......•••••.
February_ ••••.•.•.•••...
March.·-· ..••.•••..•••..
~:t::::::::::::::::::::
1 3,
-=-===
I
I
See footnotes at end of table.
Digitized by
Google
m.
REPORT OF RECO:\'STHVCTIO:\' FI::\'A:\'l'E COHPORATIO~
45
6.-Amount of authorizations, disbursements, repayments and other reductions, and amounts outstanding from Feb. 2, 1932, to June SO, 1938, 'inclusive,
by classes and months L...-Continued
TABLE
TOTAL, SEC. 5, RECONSTRUCTION Fl:-.ANCE CORPORATION ACT, AS AMENDEDContinued
Year and month
Amount of authorizatious s
r:}~~~: : : : : : : :
Amount of <lisbursernents
1938
Total, first quarter.
Amount of repay•
ments and other
rerluclions
$43,224,417. r,9
$7. 3/i.1. flli9, 73
t 4, .'>J7, ~21. 2X
• 8, 3,~9. 274. 06
10, 24:l, 474. 16
9, 4:ltl, 2M. 72
$7,993,791.28
• 13, v:rn, :w1. iO
• 4, \lllS, 870. 50
56, 121, .513. 03
27,036,398.61
I
21, ◄ W. IH9. 67
21, 20f>, 112\1. 00
11,974,649.00
8,748,914.18
30. 4iS, 71fi. fil
8, Yi 5, 665. 48
I
~1-======::::::::::::::
June_······-------------Total,
second qllllrter _______________
54, 660, 727. 67
Grand total.·····--
4,678,946,275.62
=
I
Amount outstan<ling at er.d
of period
$1i55, 165,397. 12
651,472, 4i9. li8
655, 945, Sf,3, 80
26, 896, 053. 48
655, 945, 863. 80
7, 6l.9, 851. 05
42, :l72, 148, 89
o 8, 5Y7, 142. 25
657, 084, 926. 93
645, 188, 494. 65
645,567,017.88
48, 2CO, 296. 27
• 58,579, 142. 19
645, 567,017. 88
3, 831,789,899.01
' 3, 186, 222, 881. 13
645,567,017.88
BANIS AND TRUST COMPANIES (INCLUDING RECEIVEPS, LIQUIDATING AGENTS AND CONSERVATORS)
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] ·
$948, f87, 000. l9
845, 509, .025. 16
4.15, 545, 8f>O. 16
107. 897, 162. 76
$!149. 548,657.68
574, 6t.2, 731. 14
3~3. I 48, 7!.8. 22
106,561. 501. 16
$256,240,037.14
461,363,078.09
467,084,205. 12
354, 463, 458. 35
$593, 308, 620. 54
706, 608, 273. 59
622, 672, i76. 69
374,770,819.00
.January__________________
February. _______________
March_. _________________
April_____________________
... -.. - ----- --------May
.Iune. ____________________
.July_.
.. - . --- --- -------August-___________________
September _______________
October __________________
November _______________
December ________________
9,890,656. 74
2,706,657.34
8,975,920. 57
5, 700. 054. 09
12, 520, 326. 14
6, 743, I 39. 58
2, 180, 436, 95
6. 8;3, 654. f8
3, 186, 429. 27
3,403,467.51
2, 6!'9, 593. 28
1,696,444.37
4,506,418.18
3,923,147.40
5, 233, 740. ~3
4,241,577.57
3, 237, I 78. 53
3, 022, 009. 09
3, 767, 184. ~3
2, E24, 153. 74
3,332,214. F3
4,245,262. 74
692,828.56
4, 979, 6f 3. 67
27,237,262.50
22. 981,047.50
55,347,712.50
13,577, 9:0. 68
12,306,867.84
12,991,547.65
16, 4 IO, 165. 82
11,918,852. 75
13, 308, 985. 43
I 2, 005, 546. 76
IO, 673, 864. 30
12, 936, 338. 37
352,039, 975. 18
332,982,075.08
282, 868, 103. 51
273, 53 I, 770. 40
264,462,081. 09
254, 492, 542. 53
241,849,561.54
232, 754, 862. 53
222, 778, t91. 93
215,017,807.91
205, 036, 772. 17
197,080,117.47
Total. ___ ----------
66, 576, 780. 72
44,005, 4(0. 07
221, 696, 102. IO
3, 700, 044. 36
2,474,998.48
I 862, 5(0, CO
10, 275, 557. 19
I 15,757,025.96
I 4,382,022. 18
3, 121,252.37
166, 786. e3
22,734,359. 14
346,694.20
253,458.81
• 1,547, 712. 12
847,051.56
], 053, 015. 15
1, 986, 985. 36
1, 131. 158. 00
358,338.61
503, 795. 73
10, 146,823.01
2, 748, 878. 94
I, 325, 770. 33
2,259,974.91
207, 171. 27
9, I 25, 988. 66
10, 064, 908. 34
7,762,931. 79,
8, 172, 603. 46
6,412,338.38
5, 855, 272. 37
3, 730, 709. 06
6,914,959.69
4, 887, 078. 75
4, 362, 860. 97
4, 402, 807. 28
4, 773. 852. 76
8, 778,746.51
65,622,411.44
31,694,951.53
76,119,069.36
152, 655, 999. 64
19,983,454. 70
I I, 534,249.61
1,462, 707. 16
1,076,310. 16
94, 8CO. CO
321, 3C9. 99
4,372, 795. 19
3,330, 154. 12
2, 771, 188. 53
149, 359, 514. 61
146, 124, 160. 49
143,674,281.96
10,474,137.84
143,674,281.05
3,439,851.46
8, 119,800.16
' 2, 549, 161. 02
145,003, 941. 74
139, 136, 390. 26
136,863,912.69
1932_ . .... ·--------------11133- . ... - . --------------1934 - . . - -- ··-----------···
1935 .. -- ... --- ------- - ---1936
~so.
m.'47
1937
.January______ ------·----February. _______________
March ___________________
tra~--------------------June. ____________________
July
.. ------------------August
___________________
September _______________
October .. ________________
November _______________
December________________
TotaJ. ___ ----------
I
I
I
187, 862, 260. 69
181,152,344.05
174,966,725.95
169, 685, 545. 57
164, 188,611.81
160,961,698.48
164, 193, 561. 80
162, 05S, 361. 911
159, 01&, 271. 35
156,875,438. 98
152, 308, 757. 49
152, 655, 999. 64
1938
.January.. ________________
February .. -------------March ... --------------··
Total, first quarter.
tf;~·::::::::::::::::::::
I
22,920,411.47
1, 492, 420. 15
4, 5S6, 657. 76
4, 7C9, 511. 25
2, 252, 248. 68
276,683.45
I
I
Juµe ... - . ----------------
2,513,419. LO
3, 094, 800. 00
Total, second quarter _--------------·
Grand totaL ______
10,164,926. 76
7,298,443.38
• 14,108,812. 64
136, 863, 912. 69
2, 522, 324, 078. 56
1,998,412,813.33
' 1,861.548, 900. 64
136, 863, 912. 69
See footnotes at end of table.
Digitized by
Google
46
REPORT OF RECONSTRUC'.rION FINANCE CORPORATION
6.-Amount of authorizations, disbursements, repayment~ and otheT reductions, and amounts outstanding from Feb. 2, 1932, to June SO, 1938, inclusioe
by classes and months 1-Continued
TABLE
BUILDINO AND LOAN ASSOCIATIONS (INCLUDING RIICl!IVEBS)
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended)
Amount of author•
izations 2
Year and month
$99, 696, 044. 75
21,815,467.54
21,814,676.06
1,678, ,024. 90
1932 .............•.•••••..
JY'.13 .......•..••••.•••••..
1934 ......•...••....••....
1935 .....•...•....•.....•.
1936
January..................
165,000.00
Fehruary................
150,00ll.OO
March ..•.•.......................... •· -• •· -April.. .. ___ ._. __ .... _.___
43,850.00
May.-----------·-------- -·····-·-·--·-·····June_··-----------·---·-- -·-·--·· ········-···
July-··-····-·-·····-····· .................•..
August. ··-····· ··-··--·-- _.••.•.......... ____
Septemher ..••. ··-· ·-··· _
37,000.00
Octoher. ·············-··· ··············-···-·
November··············- -············· ··-··Decemher ..•.•.....•.•... -······--·---------Total..............
395. 850. 00
Amount of dis•
bursemeuts
Amount of repay•
ments and other
reductions
$93, 863, 114. 67
19, 187,440.08
1, 921, 537. 79
1,469, 157. 96
Amount outstanding at end
of period
$9, 616, 440. 07
37,196,637.09
48, 240, 985. 90
14, 112, 712. 18
.....•..•...........
64,929.52
575,799.92
735,893.57
470,564.57
--·-··-··- _________ _
363. 257. 33
292, 124. 30
17,000.00
931,066. ~o
-··········•-•-s••··
189,020.27
··-·················
167,552.54
-···················
286,587.06
-·-·····-········· ·449,257.46
···········-· _..... .
233,743.65
36,000.00
235,349. 72
.................. .
117,929.52 l---~~~~+4,930,217.19
----·-··-·---·--···-
1937
January .......•...•.•.••......•.....•.....•...•...•.•............
Febru~ry .••. ··-···-•-•· ...••.••..... ___ . _. ·- ...............•....
March.········-·........
321,017.93 ....•••... _... --· ...
April....................
917, 2,6. 92
283,384. 70
May.....................
2,864.82 ········•-· ........ .
June ..........•.... ····-602,209.58
159,759.82
July .... ··············--•· -·······-·-········ _
3,570.80
August .......••.•... _.... ···················- .....•.••...........
September ••.••.. ··- •.•................. ·-· .......•..•.....•.....
October_············-·••· ..••....•..... ···•-· .....•.........••...
Novemher ·············-- ···········-·-----·· .•••.••........... __
Decemher ••••••••••• _....
400. 000. or,
533. 325. 80
Total..............
2, 213, 31\9. 2S
980,041.12
104,132.54
161,505 88
107,000.90
137, !51. 75
174,497.58
167,251.89
107,755.35
85.4Jlll.ij2
58,797.29
91,672.93
72, 703. 76
71. 42R. RO
], 339,383.29
$84,246,674.60
66,237, 47i. 59
19,918,029.48
7,274,475.26
6,698,675.34
6,027,711.29
5,557, 14!\.72
5, 193, 889.19
4,918, 71\5.09
3. 987.198 29
3, 798, 118. 02
3,6-11.12.i.48
3. 344, 538 42
2,895,280. !Iii
2,697,537.31
2, 462.187.59
2,462, 1s;_59
2, 358, 055.1),1
2, 196,549 17
2,089,541.27
2,235, ;s1.22
2,061, 21\1.64
2, 05.1. ;91 57
1, 949J07.02
1,864. 120 10
1,805,323.11
1,713.650. 18
1. 640. 946. 12
2,102,845.12
2,102,Sll.42
1938
2,043,067.79
JRnuary ..••.•••••.•••....
1,500.00
59,m.63
Fehruary.. .•••.•.•..••.. ...••..•.......... _
395, 531. 25
2, 371.710.!3
611,888,61
2,322,557.17
March.. • . • .• . • •• . •.••...
198, 266. 90 ..............•..•
I 49, 153, 26
l-------·1------'----1Total, first quarter.
IU9, 76fl. 90
2,322,557.17
395, 531. 25
'175,819.50
Aprtl.. .••••••••••..••••.. 1====1,=50=0.=00=I=
••=••=••=..=••=..=..=.=
.. =
.• =.~= = =71,729.44
==,I==
==
2. 250,827
73
May.....................
600, 000. 00
174, 905. 72
2,376,125.97
49,307 48
2,3llll,615.6l
I fl6, !110. 36
June .••.•....•.•.•.•..•••...•.•.•......... •· - ······-···········Total, second quar•
2,309,615.61
11117,847. 2'l
ter .. ········"····
001, 500. 00
174. 905. 72
Grand total........
t=======l======•=l=======I=
148, 44S, 199. 40
118,109.658. 11
I 115, 800, 042. 50
2,309,615.61
INSURANCE COHPANil!B
[Under sec. 5 of the Recon•t.ructlon Finance Corporation Act, as amended)
19~2 .•.•••..••.••..•...•..
1933 .•••••...•..••••.•..• _
J9:l4 .••.••••.•••••••••••.•
1935 ..•.••...••••••••••••.
1936
$83. 048. 93 l. f.6
17,479,935.85
2, 254, 690. 77
67,300.00
$68,037,618.92
19, 644, 414. 60
1, 835, 829. 93
1,631.31
January ..••.•...•..••••••••••••.•.....•••...• -················••·
Fehruary .•••.•.•.•••••.•......•......••••••........•.•••••••••..
March .••...•.••••••.••.. -··················· ··············-·····
April.. •.•..••..•.•.•• _••...••.....•..•••.•••.....••••••..••.•.•..
M·1y .••.•.•.••••.•.•..•.. ··············-····· ·······-············
June .••..•..••••...•.••..........••.•••••••.....•••••............
July .........••.•••...•......•••••.••.••••.... ··················-·
Augmt ....••••••...••••.....•••..•••••....•.. ··················-·
~eptember •.••.••.••••....••. ·······-········ -··············-··· _
October ..•..••.•..•.•.•. _--····-···········-- ..•.•....•...•••.•..
N~vemher
December................
l!\11. 000 00 .............. :::.::
Total..............
156. 000. 00 _. __ ........•• _.....
$5, 588, 738. 52
21, 163. 735. 01
38,019,933.04
18,561,501 91
$62, 448, 8-IO. I0
60, 929, ,5,59 W
24, 745,456 &I
6,185,586.28
125,180.07
208,248.10
105,149.96
540. 205.39
26,790.54
73, 795. RO
134.458. 84
109,835 01
440. 5.'l4. 92
161. 944 44
126, 5-19. 00
126. 182 90
2,178.864. 97
6, 060. 40/I. 21
5,852,151UI
5,747,008 15
5, 206, 802. ;6
5, 180.012.22
5, 106,21".12
4,971.757 ;,i
4,81ii.92'/.,i7
4. 421, 3S7. 65
4,259,441.21
4,132, !liJ4 ·lJ
4,006. T'!I 31
4,006, l'll31
See footnotes at end of table.
Digitized by
Google
REPORT OF RECO~STHCCTION FINA.~,'CE CORPORATION
47
6.-Amount of authorizations, disbursements, repayments and other reductions, and amount., outstanding from Feb. 2, 1932, to June SO, 1938, inclusive,
by classes and months 1-Contiuucd
TABLE
INSURANCE COMPANIES-Continued
Amount or author•
izations 2
Year and month
Amount of <lisbursemeuts
Amount or repay•
ments and other
reductions
Amount outstanding at end
of period
1937
1ammry..•.....•• ·-······ ..•...•.•...........
$1:lo. 921. 66
Fehruary_............... .....••......•......
25. 000. 00
Mareb ..........•.•...•.....•.....•..............................
$160,141.22
$3,977,501. 75
77, 711 QI
3. 924, 7s9 84
62, 2S6. 64
3. S62. 503. 20
19, 88fi. 42
3. 842,616. ,8
Apr'\.. •.••••••• ·-·....... • • • ••• •• •• • • • • • . • • . . . ••••••••••.• ·•• - •••.
23. 21S. Oil
3. 819. 401 72
May···········-··-···•·· .•.............................•...•...
11/i. 911. 30
3. 702. 490. 42
June ............................................................ .
23,273.49
3. fi7Y, 211: 93
July ......•.........•.....••••...........................•.......
104, 34125
~u•ust. .....••••.•............•..................................
3, 57-l. 875. 68
19(;, 2:i2. 78
3, 378, 642. 90
September ..•..•......•....•••..•...•............................
16. 37.o. 09
3, :ir,2, 267. 81
October .....•..••••.........•.•..•.•..........•..................
407,478.65
2, 9M. ,89 16
Novemher .•.. - .•••.................••..........................
163,967.54
2, 790, 821. 62
December .. ····-··-······ ....................................... .
1--------1·-------·I----- - - - ------I, 371,821. 3.'i
15\921.flfi
2,790,821.62
TotaL-·····-······ ................... .
1938
fanunry ..........•...••..............•..........................
February .•................•...................•..............•..
March ...••...•...••............................................
33,824.91
2. 756,996. 71
175.144.94
2.581,%1 77
'21,614.32
2,560,237.45
1 - - - - - - - - 1 · - - - - - - -1 - - - - - - • 230. 584. 17
2, 5fi0, 237. 45
Total, first quarter ....................................... ..
I======
April.. •••••••••• -·-······
$1,032,891.91
.•••••..............
May..................... ............•.......
1,017, 793. 3~
June ..•...•••••••••••••..........................................
Totnl. !'eCOnd quar•
ter·-···-······•··
Grand total........
13, 735. 48
15.616 68
• IS, 227. 05
2, .'Wi, 501 97
3,.148,678.68
3. 530,451. 63
'47,579.21
z, 530. 451. 63
1,032,891.91
I. 017. 793. 39
1=======1=======1======= = =
104,039, 750. 19
90. 693. 209. 81
• 87, 162. 7fi8. 18
3. 530, 451. 63
MORTGAGE LOAN COMPANIES
[Under sec. 5 of the f!econstruction Financ., Corporation Act, as amended]
1932.•••••••••••••••••••••
19:J:L ••••••••••••••••••••
19.K ••..••.....••........
1935 .••••••• ·····-·······.
$9.5. 066, 902. 61
23S. fi 14 020. 43
84,110.951 76
30. 776. 768 77
$89,735,422. 73
130 0~. 488. 59
73 43, 306. 41
21 070,f.09.21
$11,331,611.42
25. 805. 1154 43
92, 50~. 755. 42
56.017,317.60
$78, 403. 81 I. 31
182,671,645.47
163. 601, 196 46
130. 654. 488. 07
l=======l=======l=======I======
1936
January
{:~~;ry ·•··••··········
April.. •••••••••••••••••..
May ...........••...•••..
June ......•....•..•.•...•
Julv .....•.•.•.•••.•.•••..
AnITTISt .••••••••••••••••••
b~~t'!1rher··········-····
~~::t::···············
Tot.al. ..•••....••..
Total .•• ·-··-······
1
206, 66fi. 08
1, 941, 320. 64
I, 031, 818. 79
4. 230. 344. 98
9,879.987. 48
1, 558. 000. 00
140. 530. 25
13, 181 824. 99
373. 148. 94
7. 110 mt. 82
5. !.'i3 009. 27
• 850, 652. 96
1,283,674. 16
910. 134. 25
I, 649,694.49
2,419,874.64
4,815. 28.',. :16
1, Of"1. 598. 97
4. 606, 599. 19
6,811. 639. 68
I, 840, 819. 44
2. 634. 599. 29
2, filO. 380. 20
9, 273, 909. f,O
2, 525, 409. 39
2. 285,284.41
2. 503, 056. 74
I, 901. 814. 49
3. 442. 217. 05
4. 784. 399. 26
2. 780.M4.60
2. 14,5, 681. 04
2. 483, 443. 38
3,397.321. 30
3,523,894.83
5, 727, 358. 34
129,412, 752 84
128,037,602. 68
I 27, 184, 240. 43
127,702,300.58
129, 075. 368. 89
125. 355. 568. 60
127,181.623. 29
131,847,581.93
131. 204,957.99
130. 442, 235. 98
129,428,721.35
132, 975. 272. 61
45. 726, 335. 20
39, ~21, 209. 27
37, .500, 424. 73
132,975,272.61
3. 166, 608, 88
3. 538. 647. 09
3, 141, 16f.. 30
2. 979, 1101. 8.'i
2, .'i5!i. 0~2 89
2, 0%, 573 40
4. 75'1, 738. 14
3. 82'1, 115. 36
5, 3M. fi21. 62
5,021.947. 89
3,870,517.80
4,577.521. 19
4. 064, 666. 08
3, 833, 03.'i. 91
6,691,720.96
7. 350. 040. 05
3, 967, 348. 58
2,372.443. 81
5, 5~0. 503. 30
4, 052, 643. 09
3,025,413.90
4,409, 215. 91
• 2, 8.51, 143. 26
• 2, 445, 074. 46
132,077.215. 41
131,782,826.59
128. 232, 271. 93
123, 861. 833. 73
122,449, .568 04
123, 062, 697. 63
122. 228, Q32. 47
122, 002. 404. 74
124, 283. 512. 46
124,898,244.44
125. 917. 618 98
128, 050, 065. 71
45. 728. 042. 41
' 50. 653, 249. 31
128, 050, 065. 71
43,413,336.46
See footnotes at end of table.
101508-88--4
Digitized by
Google
48
REPORT OF RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursements, repayments and other reductions, and amounts outstanding from Feb. 2, 1932, to June 30, 1938, inclusive,
by classes and months 1-Continued
TABLE
MORTGAGE LOAN COMPANTF~-Continued
Year and month
Amount of author•
izations 2
Amount of repay•
ments and other
reductions
Amount of dis•
bursements
Amount out•
standing at end
of period
1938
January .•.........•......
February .•...•.•.•.•••••
March.··············-···
$15,439.462. 99
353,571.67
(')
$3,217,359.57
3,994,149.45
2, 352, 708. 27
$2, 667, 190. 81
'6,370,615.03
1, 730, 344. 22
$128, 600, 234. 47
126, 223, 7fo~. 89
126,846, 132. 94
I
Total, first quarter.
• 15, 793, 034. 66
9, 564, 217. 29
• 10, 768, 150. 06
126,846, 132. 94
April ••..••••.•• ·•-·· •••.•
May ..•.•.•••.•.•.....•..
June···-·················
Total, second quar•
ter ........•.•.•..
211. 000. 00
1, 296, 060. 00
6, 407, 849. 00
2, 701, 102. 93
4, 774,268.82
3, 323, 944. 28
2, 779, 465. 21
33, 299, 270. 97
• 3, 198, 981. 53
l 26, 767, 770. 6G
98, 242, 7118. 51
98, 367, 731. 26
7,914,909.00
10,799,316.03
• 39,277, 717. 71
98, 367, 731. 26
Grand total. ....•..
561,316,258.89
422. 230. 611. 94
• 323, 862, 880. 68
98,367,731.26
CREDIT UNIONS
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
$8,838.00
19~2···············-······
$472,446.00
$440,098.00
1933......................
148,555.00
136,789.41
57,551.20
1934......................
I, 966. 80
1,966.80
129,007.29
76,629. 14
1935···-·················· i====2=0.=ooo=.=o=o, 1====1=9=,2=4=!.=58=l=======l=
1936
January...•••.•••••.•••...•.••••..•••...•.•...••••••....•.••.•...
13,570.00
February .•••......•••.........•..•.................•.....•.•..•.
525.00
2,540.00
March.···-·············· .•..........................••.......•..
1,750.00
April.. •.........•.•...........•.....•.....•...............•......
225.00
May ....•....••••...•••...•..•......•.....•.•...•................
June ..•...•...•.••.••••.......•.•.........•...•...•....•.........
8,810.00
July ...•...•.•.•.••••.••.•.•.•...........•.•.....•.....•.......•..
15~. 00
1,256. 77
A upust. ......••••.•.•••.....• ··-· •..•........•.••..•.••.•..••.•..
September .•..•••..••..........•..•••.•••.•.....•••••••...•......
3,735.00
October .•.•••...................•.............•.•.•....••.•.•...•
1,65n.oo
3,325.00
November ...•.......••.•......••.....•....•..•••••..••..........
880.00
December...•...•.•••.•••...•..............•. ···-················
$431, 2'i0. 00
512,498.21
385,457. 72
32~. 070.16
314,500.16
313, 97,S. 16
3ll. 435. 16
309, 6'15. 16
309,460.16
300, R50. 16
300. /iOO. 16
299,243.39
2'15, 508. 39
2'l3, 858. 39
2'!0,5'.l-1.39
289,653.39
38,416. 77
289,653.39
January .....•.•.•...•...........•.......•.•.• • •··· •· •· •· •· •······
February...••.•.•...........•.•••.•..........•••••••......•••••.•
March ....•.........•...•...•...•.•.•.•.........•.•....•.....••.•
ApriL •.•.•.....•...•.•.....•.•••.•.•.....•...•...........•....••
May ..•.•..........•.••.........•...•••...•.. ·········-·······-··
June .•..•.............•.....•.•.....•.•.•.... ······-·············
July .•.•.•.........••••••..•.•...•.•••.•.••........•...•.....•....
Au~ust ..•......••.•.•••.....•••...•.•.•.•.•... ··-· .•....•.......•
September .••.••...••..••...••..•.•.....•.... ·······-············
October ...•.•...•.•••••.......•.•.•...•••.•.........••..•.•.•••.•
November .•....•......•......•.....•.•.•••.•.•..••...•••.•••••••
December.•......... ··-· ..•...........•.•.•.....•...•.•....•..•..
5,625.00
30,800.00
27,276.81
7,575.00
32,430, 00
5,115.00
15,725.00
10,525.00
2,975.00
725. 00
425. 00
975. 00
~.02~.39
253,228.39
225,051. 58
218, 37fo. 58
185,946.58
180,831.58
lf5, 106. li8
154, 5q1, 58
151. 60R. 58
15n, 881. 58
1511, ISll.58
149,481.58
Total. •..••••.•••..•..•.................•..................
140,171.81
1411, 481. 58
4,844.00
500. 00
I 2,375, 00
144,637.58
144. 137. 58
141,762.58
Total. .•••••••.•.............•..•...•.. ·-··················
1937
1938
January ....... _.•.•.•••..•...•••.......••.•.......•...••.•••...•.
February .....•.•.•.•••...•.......•.....••.......................
March ...••••••.•.•...............................•.............•
Total, first quarter ......................................•..
1-------+
7,719.00
141,762.li8
April.. •.•.......................•...............................•
May ......•.•.....................•.•...................•...•...•
June ....•.................................... ····················
11,700.00
375. 00
• 6,510.00
130, Ofi2. 58
129,687.58
123,177.58
Total. second quar•
ter ••.......... -.•...............•.•.•.....•.............•
• 18,585.00
123. 177. 58
Grand total. .•••.••
642,967.80
600,095.79
I
• 476. 918. 21
I
See footnotes at end of table.
Digitized by
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123, m.58
REPORT OF RECONS'rRUCTION FINANCE CORPORATION
49
6.-Amount of authorizations, disbursements, repayments and other reductions, and amounts outstanding from Feb. 2, 1932, to June 30, 1938, inclusive,
by classes and months 1-Continued
TABLE
FEDERAL LAND BANKS
[Under 58('. 5 or the Reconstruction Finance Corporaton Act, as am9nded]
Year and month
Amount or authorizations J
Amount or disbursements
Amount or repay.
ments and other
reductions
Amount out•
standing- at end
of period
$18, 500, 000. 00
1932_·············--······
$29,000,000.00
$18,500,000.00 -······-········-·-·
1933 ••••••••••••••••••••• _
145,518,000.00
123,618,000.00 --··· _-- -· __ -·- ____ _
142, 118,000.00
1934 •••••••••• ____ • •••••••
• 225, 118, 000. 00
' 245, ll8, 000. 00
• $308, 780, 601. 29
78, 4.55, 398. 71
44. 830, 91R. 91
1935•••••••••••••••••••••• --····-······-·----- -------·---------·-33. 624,481.80
1936
January•••....•••••.•.•.. ············-·-····- -·-·········-···-··9,150,893.53
35,630,023.33
February······-···-···---···································-···
M5, 763. 60
35,134,259.73
March .......•••• ··-····- ..•...•............ _ -·-- -···-·----- ---· _
483, 25S. 26
34, 651, OGl. 47
April.. ... _..••. __ ....•... __ ... . . •• • . •• ••.•••• . • .. .. . •• . . •. . . •• . . .
372, 380. C5
34, 278, 621. 42
May··········-········-· -···············-··- -·-·······-·--·---··
421,000.47
33,857,620.95
June.·-·····-······-····· ..••...•.. ·--··-···· -·············---··408,872.09
33,448,748.86
JulY-·-··················- -··················· ············--··-···
557,786.83
32,890,962.03
August................... ...•••••••••.•.•.•.. .•.•.•...•...•.•....
759,356.07
32, 131, 6r5. 96
September ....... -·-·-··- -···-······---····-- --··-···-······---··
1,376.050. 91
30, 755, 5/i5. 05
October-···-···· . ···-- __ ··-················· ··-·········-·····-·
2, 9C5, 139. 34
27, ~50, 415. 71
1\·ovember ....•........•. ········-·····-·-·-- ······-··········-··
314,202. C5
27,536,213.66
December............. _._ -··--·············-- -----·-·-·---······2,867,814.96
24, 66~. 398. 70
Total. .•.••••..•... ____ --· _______ . ____ i-_-_------.--.-___-_-___-___-_-_ i---20C""C""",-,--16,.,2,-.-=-51,--,~-.2-=-1,-l---,,2-4.~6-,-6-,.~3-9d-.-7-0
1937
January...•.............• ············-·····-· ····-·········----··
February .•••...•....... _ .... _•.•.•.•...•.........•...... _. _.... _
Marrh ••....•.......•.••. -···········-·-- ···- -··········· -· ·- ____
April.. .•..•.•.. ········-- -·-················· ····-···--········- _
May ..................... .................. ____ .... __ .... .. . . . . ..
June .. _.••... ·-·········- -···-···-··-······-· -·-·······---·-··--JUIY·-•·-··-·-·····--·-··· -·-·········-······· ····-·-·-···········
AU!!DSt_ ...•......•..•.•.. ·········-······-·-- -·······---···-···--
September.············-· ..••.•...............•........ ·········-October-·-···········-··· ·······-·-········-- -··············-····
November .••........... _ -··-······-·--··-··· -····--·······-·---December.....•••...•.•.. ··-··-- --·········-- ·······--···-··---··
Total. ...••••.•.... _____ . _..... _____ . _____ . _.... _.. _. ___ . __
2,030, 9M. 39
22,637,434.31
5.57, 934. 80
22, 079, 499. 51
7,612,066.02
14,467,433.49
158, 772. 62
14, 308,660.87
456, 505. 77
13, 852, 15.5. 10
144,280. 47
13. 707,874. 63
132,352.83
13,575,521.80
310,062.17
13,265,459.63
l13, 148. 74
13, 152. 310. 89
15S, 416. 19
12,993,894. 70
712,874 53
12,281,020.17
713,055.00
11. 567,965.17
---1-3-.1··0_0_4_3_3_-5-,-,---11-.-.1r.-,,-.-on-..,-.-17
1938
~1%~~.:~: :. -· .....::: :::::::::::::::::::: ::::::::::::::::::::
Total, first quarter_ -----·-·-···-·--·--- ----·-···--- ·----- --
130,375. 84
3, 652, 121. 37
'275, M8. 75
3 4, OS<. 015 Qfi
11,437, 5S9. 33
7, 785, 467. 96
7,509,919. 21
7 SM, 019. 21
~if::::::::::::····==== :::::::::::::::::::: ::::::::::::::::::::
899,704.48
42, 136. 75
I I, S50, 801. 47
ti, tilO, 214. 73
6,M8,077.98
.,, 017, 276. 51
Total, second quarter - -....•......• _________ . ___________ I=·=--=·=-~--~-=·-~-=·=-.cc_cc_=__cc_=- l=c;=;=ccc'~2=.4cccQcc?=,114~2=.7c:c;oc=l===·='~.=::0~17=',cc2=76='.=::c=/il
Grand total .•••.• ·- • $399,636, ooo. oo
• :1387, 236, ooo. oo
• • 382,218, n3, 49
5,011,276.51
JOINT·STOCK LAWD BANKS
[Under sec. 5 or the Reconstruction Finance Corporation Act, as amended]
$2, 527, 845. 62
12,420, 2i4. 14
711,252.53
150,000.00
$62,544.32
744,537.17
8, 36.5, 785. 56
4, 397, 686. 08
$2, 465, 301. 30
14, 141,038.27
6, 486, 505. 24
2,238,819.16
138,787.80
108, 503. 12
88,101.03
288,626.15
32, 6()2. 96
159,349.54
2.13, 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
1, 9<'3, 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
I, lfi9, 347. 72
1, 722, 174. 19
1,405,144.07
I, 722, 174. 19
__ ,..______
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50
REPORT OF RECONSTRUCTION FINANCE CORPORATION
6.-Amount of auth01'izations, disbursements, repayments and other reductions, and amounts outstanding from Feb. e, 1932, to June 30, 1938, inclusive,.
by classes and months 1-Continued
TABLE
101NT-8TOCK LAND BANKS-Continued
Year and month
Amount of author•
izations
2
Amount or repay•
ments and other
reductions
Amount of dis•
bursements
Amount out•
standin~ at end
of period
1937
January . ......•..•............•...•.•...•.... . ....••.•.••.••...•.
February ....•....•........••........... ... ....•••.••............
March...................
$376,000.00
$343,087.85
480, 000. 00 ............... .. .. .
$61,508.81
25,718.33
18,085.62
35, 052.33
70,779.32
145, 774. 78
73,653.93
64,486. 64
111,566.29
168,196.61
166,292.54
44,800.51
$1, 660, 665. 38
1, 634.947. 05
1,959,949. 28
2, 789, 794. 28
2,719,014.96
2, 573, 240. 18
2, 499, 586. 25
2,435,099. 61
2,337,297. 23
2, 229, 100. 62
2, 062, 808. 08
2,018,007.57
856,000.00
985,915. 71
2,018,007.57
April.........................................
864,897.33
May .... . .•.••..•.•.........•...••........•.....•.•••.•.. •.. ..•..
June ........................•................ ······••·••·········
1uly .....•.....•.......•...........................•....•.........
August . .....•• ..••........ . -··· .... ---·-·-··· ..•••.•.••.... ······
September...................................
13,763.91
October.................. .. .. .. ...... .. .. .• ..
60,000.00
November •••••••••••••••.•••••••••.•.•••. ••• ••••••••• ••••••• ••••
December................
Total. ....•........
1,281 ,749.09
I = = = = = =1=======1=======1
1938
January..................
1, 800, 000. 00
60, 000. 00
40,805, 10
February.. ..............
650,000.00
1,758,993. 46
74,0211. 91
March...................
1,225,000.00
IM, 795.34
232,236.46
Total, first quarter. l----'3,-6-75-,-0-00-.-00-1----2-,0-5-1-,2-2-9.-9-2·l-----'----l·
• 170, 625, 35
2,037, 202. 47
3, 722,171.02
3,898,612.14
3, 898, 6li. 14
u:i
3. 837, 253. 91
4,392,912.38
5. 095, 839. 31
1
61,358.23
. ················•··· ········· 575,000.00. ···•·•••• 635, 000. oo·
79,341.53
1une.. . .................. ....•.•.............
I 50,110.82
7!i3. 037. 75
Total, second quar•
ter. ....•••.......
575,000. 00
1, 388,037. 75
• 190, 810. 58
1=======1=======1=====
Grand total........
28,471,572.68
21,418,889. 05
• 16,323,049. 74
5, 095, 839. 31
5,095,839. 31
FEDEBAL lNTEBHEDIATE CBEDIT BANKS
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
1933..•••••• ••••••·••••••• 1
Grand total . . .•.••.
$9, 250, 000. 00
$9. 250. 000. 00
9, 250, 000. 00
9, 250, 000. 00
I
1··················'
$9, 2r.o, 000. 00
9,250,000.00 ••••••••••••••••••
AGRICULTURAL CBSDIT COBPORATIONS
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended)
1932•••••••••••••• ·•··••••
1933 .•.••••• •••••····•• •..
1934 •••••••••• •••.••.••.••
1935••.•••• ••••••••• •·•••·
$3,619, 850. 98
1, 959, 634. 31
$3, 45/i, 627, 33
1, 729, 011. 24
433,894. a5
350, 491.70
26, 760.67
26,760.67
$1, 082, 310. 40
2,412,027.46
1,178, 419. 58
130,196.58
$2, 374, 316. 93
1, 691, 300. 71
~:~:rig
701,300.00
681, 300. 02
581,300.02
6711, 300. 02
479. 300. 02
379,289. 05
147,789.05
147,789.05
147,789.05
27. 30
3,500.00
99,989. 03
147,761.75
144. 261. 75
44,272.72
863, J72. 83
759,936.92
1936
tr:~1.==:::::::::::::::::: :::::::::::::::::::: ::::::::::::::::::::
1uly. ..................... .•.•..•••••••..•••..
August..................
September...............
October . ...•.. .....••••.
November...............
December................
Total....... .......
...••.••.••.•••.••..
...••.•••.••.••.....
...•.•.•••.••.•.••••
..••.••••...........
50,000.00
50,000.00
•.•••••.•••.•.••.••.
••.•••.••••.•••...••
•..•.•.•..•.••••....
. ..•••••••••.•••••..
..••••••..•..•••.••.
100,000.00
2,000. 00
100,000.00
100,010.97
231,500.00
..••••••••••••..••.•.••••••.•........•.•
...• ••••••••.•..••..
612. 147. 87
1937
January..........................................................
February. . .................................. .••.••••.••.......•.
March...................
30. 727. 28 ••••••.••••.......• •
1
M':i~·=:::::::::::::::::::
::::::::::::::::::::
?:~: ~ ::::::::::::::::::::
July..... . ................ ...........•....... . ..•.••••.••........•
720. 00
m: ~:
124,280.00
August................... ........•........... ....••••..••.••.•...
42. 30
124. 237. 70
September............... .................... . . .•••••••.•.•..•...
11,606.22
112,631.48
October..........................................................
.14, 004. 70
98,626.78
December................ .................... .. . .... ........ .....
1, 786. 19
96,840.59
Total..............
30,727.28
80, 727. 28 ----,13:-cl-,6=1=r;-=.7:-c4-i-----,96-.84-0.""""59
Bee footnotes at end of table.
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51
REPORT OF RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursements, repayments and other reductions, and amounts outstanding from Feb. 2, 1932, to June 30, 1938, inclusive,
by classes and months 1-Continued
·TABLE
AGRICULTl'RAL CREDIT CORPORATIONS-Continued
Year and month
Amount or nuthor•
izations 2
Amount of dis•
bursements
Amount or repay.
mentf. anrl other
reduc-tions
Amount out•
standin~ at end
or period
1938
January•••..•.•••.•••.•...•••••.•••••••.•.•....•••••.•••.•.•••.•••
March ..••••..•••••..•••...••••.••••.••.......•••..••..•.••.•..••
M. ~85. 38
• 5,142.00
Total, first quarter ..................•.........•............
'11. 527. 98
85,312.61
May .••••••••••••••••••••......••.••••........•.•••....••.•......
325. 50
84,987.11
Total, second quar•
ter ..•••••••.•••..••••.•.•.............•..................
Grand total. •••••••
$6, 120,867.59
$90. 45,, 21
85,312 61
1--------1-------
$5. 643,618. 22
e 325. 50
84, ~87. 11
'5,558,631.11
84,987.11
REGIONAL AGRICULTURAL CREDIT CORPORATIONS (REDISCOUNTS)
[Under sec. 5 or the Reconstruction Finance Corporation Act, as amended]
1932.••••••••••.•....••••.
193-1.••• ••••••···•·••••••·
1934••••••••••.•••.•.•••..
$7, 285. 972. 50
1.53, 38R, 252. 64
18, 168, 227 34
$.1, 372, 062. 60
149, 782. ISi. 12
18,089,427.00
$fiM.03
12S, 268,410.43
47,974,575.26
Grand total. •••••••
178, 840, 452. 48
173, 243, 640. 72
173, 243, 640. 72
$.1, 371,407 57
29,885,148.26
------ --- -- ---- --------·--·--·----•
LIVESTOCK CREDIT CORPORATIONS
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
1932.•••••••.••••••••••••.
193.3....••..••••.•••••••••
1934. •••••••..••••••••••••
1935•..•••••••••.•••••••••
$13, 145. 602. 85
871,300 00
210,559.15
28.1, 86!\. 88
$11,810.403. 61
6,18. 329. 44
21~. 999. 76
283,805.88
$4, 002, 258. 82
6,081.544. 24
1, 340, 809 37
602,308.68
$7. 748. 144 79
2, 324, 929. 99
!, 203. 120 38
AA!, 677 58
August .••••••..••••.•.•...••....••••••••..•.. • •···· ·• ••·•··•·••· •
September •••••••.•...••.••••.•.••......••••....••..••..•..••.••.
October .••.••••••.••••••.....••.•.•....••.••...••••.•...•.••••••.
1' o<ernber .•.•••••••..•.....•.••.•..•.••.••....••••••••••••••••..
December ••••••••••••••......•.••.•..••••••....••.. •· •· •····· •· · ·
11,()93. 00
3,402 05
11, ,105. 00
3,736.60
8, 424. 5.1
27, 724 12
69, 134. 54
9, 8,11 34
16, 277. 20
91, 732. 38
12~. ,192. 75
216, •74. 94
873,584.58
~70. 182 ,'3
858,676.47
854,939 87
846,515.34
818. i9l. 22
749. 6.56 68
739,805.34
72.1. 528. 14
631, 795. 76
506,203 OJ
289. 328. 07
Total •••••••••••••.....••.••.••••.•••...••••.••••.•••••••..
595,349.51
289,3211. 07
April.. ••••••..•••.•••••••••••••••••••••••••••••••••••••.•••••••••
May .••••••••••••.•••••••••••••••••••••••.•.•.•••••••.•••••••••••
1une.. .•••• ••• •• • • •• • • • • • • •• •• • • • •• •• •• •• • • • • • •••••••••••••••••••
July .•••••••••••••••••••••••••••••••••••.•.••..•••••.•...•••.•••••
August................... . • • • • • • •• • •• • • .. .• • . . •••••••••••...•••••
October ..••••.••••••.••••.•••••••••••.••••••..•••••••••.•••••••••
November •••••••••....••.•••••.•.••••••••••. -.••••.••.•• •····· ••
December ••••••••••••••••••••..••...•..•.•....•••••..•• ·•·• ··•• ·•
41. 7.>3. 88
12. 489. 38
15, 2.10. 00
1,771.23
2,400 00
15,000.00
19,366.47
26,330.00
12,188.00
82. 7i9. 11
60,000.00
247. 574. 19
235. 084 81
219. !'.H. 81
21~. 00.1 58
21.1, 663 58
200, 66.1. 58
181. 297. II
154,967.11
142, 779. 11
60,000.00
Total •••••••••••••....•.•••••••••••••...•.•..•.•••....• ·· ·•
289,328.07
1936
1snuary.•••••• ••• •• • •• •• • •• ••••• •• •• •• • • • . • • • • ••••••••• • • • • • •· • · •
K:~:ciary:
::::::::::::::: :::::::::::::::::::: ::::::::::::::::::::
April •..•••••.••••••••.•..•••••••••••••••••..••••••••.•••..••••••
Mav .•••..•••.•..•••.••.•••••.•.•.•••.•••••...•.•••.•..••.•...•.•
June ..••••••.•••••.•.•••..•.•••••••.••••..•.•..••••••.•.•.....••.
Julv..••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••
1937
3}!f
v::: ::::::::::::: :::::::::::::::::::: ::::::::::::::::::::
Grand total.. ••••••
14,511,327.88
12, 971, 598. 69
12,971,598.69
-------·----------
------------------- ----------------
Bee footnotes at end of table.
Digitized by
Google
52
REPORT 01!' RECONS'.rRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursements, repayments and other reductions, and amounts outstanding from Feb. 2, 1932, to June 30, 1938, inclusive,.
by classes and months 1-Continued
TABLE
RAILROADS (INCI.UIHNG RECEIVERS AND TRtTSTEES)
[Under see.
!i
of the Reconstruction Finance Corporation Act. as amended]
Amount of authorizations 2
Year and month
1932 _____________________ _
10:i:;_
----------------·_
rns1_ ____
____________________
1930 _____________________ _
$.137, 435,091.00
74 110, 5R.5. CO
46, OIO, 402. 00
36,519, 5.1s. no
0
1936
January ________________ ..
5,000,000.00
February. __________________________________ _
March___________________
99,422, :oo. 00
tr:~
1
.-::::::::::::::::::::
16
•
J~: f;&;: 88
June_.··-------___________
7, OllO. 00
July ____ -----------------150,000.00
August. .. ________________
8,176,000.00
September _________________________________ -October ___ .______________
140,000.00
Novernber _______________ ------------· ______ _
Deeemher. .. _________ ._______________________ _
TotaJ. ____________ _
129, 144, 067. 00
Amount of repayments and other
reductions
Amount of disbursements
Amount outstandin~ at end
of period
$'.!'¼, 311. 271. 48
109, 782. gs·,. 0 I
53, 189, om. 62
39. 933, 552. 00
it 1, 839, 562. 71
4,5, 088, 570. 37
13, ·161, 271. 32
20,577,558.81
$272, 471, 708. 77
337. 166, 12,\. 41
37G, 893, 867. 7I
39f>, 249, ~60. 90
50,000.00
1, 550, 000. 00
5, 929. 000. 00
3, om. 748. oo
9l, 000.00
8, 2fi2, 667. 00
1.10,000. 00
800,000.00
8, 183, 000. 00
9JO, 000. 00
920,000.00
2, 587, 892. 52
5, 063, 129. 75
9,·,9, 142. 31
I, 000, 823. 28
4, 180, 699. 09
4, 689, 56-1. 97
45,813,881.03
722,288.47
• 1, 809, 8 !9. 94
3. 65fi, 819. 98
9, 569, 278. 98
9(), 620. 00
393. 711, 968. 38
300, l98, 638. 63
3S9, 239, 496. 32
391, 167. 670. 01
39:J, 027, 718. 95
388, 432, 053. 98
350. 810. 839. 95
3.'',o, 268, 501. 48
319, 258,731.54
3.53, 781, 88 I. 56
345, 155,602. ii8
315,975,982.58
29, 90~. 415. 00
• 80, I 83, 293. 32
345, 97 5. 982. 58
478,106.00
126,500.00
5, 006, 000. 'lO
538,400. 77
30,667.42
478,301.31
2,387,813.42
77,028. 73
578,857.61
352,662.63
24,944.82
5,000.00
345, 497, 876. 58
345,371,376.58
340, :Jti5, 376. 58
341,826, 97.5. 81
344, 791i, 308. 39
354,318,007.08
351,930, 193. 66
351,853, 164. 93
356,274,307.32'
355, 92l, 644. 69·
355, 896, 699. 87
355, 891,699.87
1937
&}:c~i;;,----------------- :::::::
5,000,000.00: ---------- --------- _
[*!::::::::::::::::::::: ::::::!~~~~~~~: ------i~;:;:::ti~'t;ber::::::::::::::: -------~~~~~:~- -------i;iicxi;ooo:oo·
November _________________________________________ .------------December ________________________________ --- . ______________ -----Total ______________
20, 000, 000. 00
20, 000, 000. 00
10, 081, 282. 71
355,891,699.87
January ________ . ___ ._._._
Fehru11ry. __ • ____________
March. __________________
6, 000, 000. 00
2, 000, 000. 00
5, 5.13, 000. 00
4, 000, OO(l, 00
3, 000, 000. 00
6, /\.~, 000. 00
677, 121. 5(l
2M.172. 72
• 51,033.48
3&!, 214,578.37
361,019,405 6-5
368, 431, 372. 17
Total first qu111-tor __
April ___________________ ..
May ____________________
June. __________________ ·-
13, .>33, 000. 00
11, .saa, ooo. oo
' 993, 327. 70
3611, 431,372.17
15, 678, 000. 00
16, 221, 500. 00
2, 472, 000. 00
I, 278, 000. 00
21,621.500 00
4, 022, 000. 00
331,816. 75
rnri, 814. 82
I, 156, ~ 00
3r.9, 377, 525. 42'
390, 233 2!0. 60
393, 6118, 710. 60
1938
Total,
second quarter _______________
34, :J71, 500. 00
27, 521, 500. 00
Grand total ___ •• ___
691, 42t, 295. 00
578, 180, 739. 11
I
I 2, 254, 161. 57
393, fl!IR, 710 60
482, 028..>1
39-l, 698, 710. 60
I ] 84,
PROCESSORS, OR DISTRIBUTORS SUBJECT TO l'ROCESSINO TAXES
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended!
1933. __ • _____ ------------$21, 73.l. 69
S7, 333. 69
1Q3t.. _____ ·-------------4,355.58
7,384.37
1035 ____________ ---------- -------------------- ------------------·
$13, 2.'>0. 3S
1,467.68
1--------1---------1------
Grand total. ______ _
26,08~. 27
14,718.06
14, 718. 06
See footnotes at end of table.
Digitized by
Google
$7,333.69
1,467.68
53
REPORT OF RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursements, repayments and other reductions, and amounts outstanding from Feb. 2, 1932, to June 30, 1938, inclusive,
by classes and months 1-Continued
TABLE
STATE FUNDS CREATED FOR TFIE PURPOSE OF INSt;RING REPAYMENT OF DEPOSITS OF PUBLIC MONEYS
[Under sec . ., of the Reconstruction Finance Corporation Act, as amended]
Amount of author•
izations 2
Year and month
$5,887, n,. 88
2, ,\00, 000. (I()
193., _______ ·······- • • ••• - •
1931.._·--······-·-··· -· __
1935_·---··············-- .
-
2, 100, <XKl. 00
Amount ol ells•
bursements
$5, S!!i, 71,). 8,~
2, .;m, ooo. oo
2, 3,G, ~It,. 30
Amount of repay•
ments anrl other
reductions
Amount out•
stan,li11g at end
of period
$74, 7.10. 14
$5,812, 9f>5. 74
47~ . .176. 95
673, 37G. 47
7, 831, :!88. 79
2, 182. 11:i. 78
1936
---··-·:: ~-.~--~'- ----·-·2; 300,-000.-00·.~·;~~;y_-.-.-:::::::::::::
-}Marrh_
.. ·--· ......... _.. _.... -... - --. - -- --. - - •-·--- •·- .•... • -. .. .
Apr;L__···-······ · ·····-- ······ ·-··········-- ---·--··---·······--
11!ay ____ . ___ ... _•• •••.. •. ·-··-··-··-·-------- --··-·············-·
Jun•--·---·············-· ··-· -----·-··---···- -·-·-···············
JuJv ____ . ·--·············· ·- ·······-·-···-·-·· _-···--·············
AU!!USL- -- ······· ·· ·· ·· ·· ·················-·· ···········•··•·•···
September ....•••••• ..... ·· ··-·-····•········ -··· ··-···- ···· · ····
October ......•••.••• , •.... ·-· .......... ______________ . ____ -· -· _..
TotaL... .• •• ••••..
Grand total........
2, :!00, 000. 00
2,300,000. 00
253, ll03. 26
419,773.21
156, .12~. 2fi
45, 33,). 24
332,051. 79
151. OIO. 26
59,318.31
381, f,,,1, fi7
131, 760. fi3
(;7, {139. 09
1,228,375.99
2, 39i, 0,5. ijl
2, 3()1, 739. 77
2, 019. 1\87. 98
I, 81\8, fi47 . 72
1,809, 32\l. 38
1,427, fi7'i. 71
1, 29:i, 915. 08
1,228,375. 99
2,973, :l7R. 47
l=======l==== = = =l=======I======
13, 087, 715. 88
13, 06·1, 631-. 18
13, 064, 631. 18
BORROWERS ESGAGED IN TUE FISHING INDUSTRY
[Under ~c . ~ of the Reconstruction Finance Corporation Act. as amended]
1934 __ ··-··-··-- · ··-·· ·· · ·
1935 .... __ • ··-···········-
$119, 500. 00
589,400.00
$25,000.00
519, SGR i7
$25, 000. 00 ·
572, 3,9. 77
$2, 500.00
1936
January __ .·-·-···· ... -· ... ··--- ---·- -·- _. -· __
February_·-·--·-········-·---- ··-----·--··--
5,750.00 . ·--·· ·- .. -· _. _____ _
6,833.32
18,500.00
250. 00
ApriL •... ····--· •••.•. _. __________________ .. .. -·. ·- .. · - - .. ... _....
500.00
13,880.23
2.5,000.00
11ay._······----·--·-····
7~: ?'l
f~r;_-_~::::::::::::::::::: .......... _:·-~~ ~ ··········20:ooo:00~~"t'.:~b.;,::::::::::::::: .......... _'.·.~~~- ·----··--··i:200.'oo· ----·····--~·.~~~7~: i:: ~
~~~~::_-_~::::::::::::: :::::::::::::::::::: -----··-···~·.~·.~.
578, 119. 77
589,786.45
589,536.45
602, 911\. 68
602, 8'6. 6S
622,075.57
I\IU, 575. 57
f.20, 775. 57
550, 281\. 69
544,336.69
28,200.00
67,330.23
95,363.31
544, 336. 69 ·
55,000.00
2,000. 00
13, 500.00
3. 000 00
2,000. 00
I, 620. 00
6,153.35
2, ta 9. 99
1,724.99
1,351. 61\
5,000.00
~00.00
101,840.20
3IO. 00
532,836.69
.,29, R:l6. 69
.537, 711. 69
566. ll91. 69 ·
579,938. at
577,318. 3~
590,593. 36
58?, 241. 70
584,541.70 ,
581,911.70
481,101.50
481,791.50
139,720.19
481,791.50
670. 92
1, 770. 00
3, 675. 00
481, 120. 58
479, 350. 58
475, 675. 58
300. oo ·-·-·········-·-···-
6, ll5. 92
475,675.58
June.··················-- ·-···--·--···-. ·- -·· ..... ····· -····· ..••
• 40. 00
Total.-·-·····-·· ._
1937
January_.................
87-~.- oo .
(,~~'.ha?.·.~~=:::::::::::: ::::::::::::: ::: :: :: ...... ····-o:
30, 000. 00
April...-··--· .•••• •• ••• _. __ ---·------ __ ·-·-- _
flrt::==·===============:
Augmt.. ···············-
::::::::::!~-:~:~: . . . . . . .:~:.::::2,300.00 ·--·--·······. --·-·-
300. 00
September ....•••••••••. _·-········-·-----·-October ... -···········-············-----------·--·---············
.· Norember _____ ········-- ___________ ,a. ________ - - - - - - - - - - - - - - - - - - - December......••.•••••.• . •.. ·····----·-- ---- ---- -- --·· . ••••• - . ·72,300.00
TotaL. -···········
77,175.00
11138
January ·-··············· ·-·········-···-···- --··---············-
li'~~~~ ............... _···-······-·-300,oo- ··················-Total, first
quarter.
l=======l=======l=======I=======
475, 51,5. 58
400. 00
300.00
April.. •.•••...•.••••••• __ ····-·--·····-·-····
475,355. 58
160. 00
·May ..••••....•••••••.. __ ···-·-------····-··- -···················
Total, lleCOnd quar.
ter •••...• ••• •. •.. -·---·····-----·····
Grand total ••••••.•
809,700.00
300. 00
719,675.00
660. 00
475,315.58 .
244, 369, 42
475,315.58 .
I
I
475,315. 58 .
See footnotes at end of table.
Digitized by
Google
54
REPORT OF RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursements, repayments and other reductions, and amounts outstanding from Feb. 2, 1932, to June 30, 1938, inclusive,
by classes and months 1-Continued
TABLE
TOTAL, SEC. 5c OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS
AMENDED
Amount or author-
Year and month
izations
2
Amount or disbursements
Amount or repayments and other
reductions
Amount outstanding at end
or period
$10, 000, 000. 00
$10, 000, 000. 00
$10, 000, 000. 00
l=======l=======l=======I======
1935- _-- _----- -- ---- _---- _
1936
.July __ ------------------August___________________
Tota!______________
10,000,000.00
11,250,000.00
20, 000, 000. 00
10, 000, 000. 00
1======1======1°======1=====
1937
March __________________
_
TotaL ------------1938
20, 000. 000. 00
20, 000, 000. 00
10, 000, 000. 00
1,250,000.00 ,____
,________
5, 000, 000. 00
25, 000, 000. 00
5, 000, 000. 00
5, 000. 000. 00
5, 000, 000. 00
25, 000, 000 00
1=======1=======1=======1======
February________________
11,000,000.00
11,000,000.00 ___________________
36,000.000. 00
Total, first quarter_ i---1-1-,00-0,-00-0-.-00-l---ll-,-000-,000--.00--,i-___-___-___-_-__-_-___-___-_+---3f\-,~OOO-,-000-.001=======1=======1=======1======
Grand total________
37,250,000.00
36,000,000.00
36,000,000.00
TOTAL, AUTHORIZATIONS TO BUSINESS ENTERPRISES UNDER SEC. 5d OF THE
RECONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED
[Direct loans to business enterprises including participations]
19:14. _____ -- --- ___ -- ______
1935 ______ --------- -- -----
$28, 542, 535. 00
73, 036, 415. 22
$6, 742, 780. 11
35, 677, 235. 72
$116, 678. 79
2,477,867, 27
$6, 626, 101. 32
39, 8:25. 469. 77
1936
.January__________________
February ________________
March ___________________
4, 704, 3,50. 00
3, 150. 210. 69
3, 051\, 798. 11
2, 746, f\00. 00
4. 180, 382. 55
4, fi36, 439. 97
5, 743,709.02
1, 934, 860. 42
3, 321, 682. 14
1,129,525.00
3, 486, 569. 23
42, 393, 749. 33
4, 211, 959. 39
3, 118. 581. 91
2,672.841. 82
2,315,636.46
1, 464, 704. 60
2. 367,413.12
3,014,622. 10
1, 930, 593. 24
2,159,599. IO
4, 279, 286. 66
1,681,248.38
3. 077, 066. 75
32, 293, 553. 53
403,929.48
4, 402. 622. 20
443, rn2. 47
772,955.21
413,246.75
850,885.02
581. 149.83
584. 498. 25
8.17, 442. 52
613,876.16
981,627.80
1, 099, 980. 61
1. 173, 068. 80
8,755,822.90
43, 633. 499. fl8
46, 308. 9 I9. 12
48, 208. 805. 73
50,111, 195 «
50, 725, 015. 02
52, 511, 278. 31
54,941,402. 16
56. 034. 552. 88
57,580. 275. 82
60. 877. 934. 68
61, 459, 202. 45
63. 363, 200. 40
63, 363, 200. 40
3, 509, 182. 94
2, 061, 681. 21
2, 128, 978. 78
1, 414, 689. 14
I 1, 343, 700. 00
1,751,575.00
I 2,881,500.00
a 977,750.00
422,500.00
690,833.32
1, 574, 916. 66
• 584, 599. 96
• 19,341.907. 01
1, 032, 814. 08
1,764,903.18
1, 081, 332. 00
5,031,263.62
2, 469, 123. 55
1, 921, 595. 97
1, 444, 720. 37
2, 516, 504. 71
1,120,295.07
1, 294, 922. 16
573,745.86
3, 014, 526. 64
23,265, 747. 21
1, 443, 228. 13
1, 151, 487. 31
1, 272, 052. 90
795,322.68
667,223.64
868,288.56
834,873.65
993,413.58
704,755.07
1,351, 044. 23
1,004, 569. 61
994, 53/i.26
12, 080, 7114. 62
62, 952, 786. 35
63, 566, 202. 22
6.1, 375,481.32
67.611, 422. 26
69. 413,322.17
70, 466, 629. 58
71,076,476.30
72, 599, 567. 43
73,015, 107. 43
72, 958, 985. 36
72,528,161.61
74, 548, 152. 99
74, Ml!, 152. 99
I
440,133.33
1, 162, 500. 00
2,934,374. 10
• 4, li37, 007. 43
365,443.16
568,244.11
477,114.42
1, 410, 801. 69
1, 495, 388. 85
933,600.35
I 940, 439. 19
• 3, 369, 428. 39
72, 589, /i26. 211
tra1-::::::::::::::::::::
5, 778, 805. 00
11, 691, 402. 49
17, 656, 760. 21
1, 005, 845. 12
1, 421, 922. 63
4, 352, 104. 45
713,600.60
687,349.23
• 1,596,473.12
72,881,761.81
73, 616, 335. 21
76, 371, 966. M
35, 126, 967. 70
6. 779, 872. 20
I 2, 997, 431. 95
76, 371, 966. M
Grand total ________
202,978,581.69
106, 169, 990. 46
I 29, 798, 023. 92
76, 371, 966. M
tr:t:::: ::::::::::::::::
June. ____________________
.July _____________________
August ___________________
September _______________
·October __________________
November _______________
December ________________
Total. _____________
1937
.1an nary __________________
February ________________
March .. __________________
A prii_ ____________________
May _____________________
.June. __ -----------------.July
__ ------------------August
___________________
September _______________
October __________________
November _______________
December ________________
Total ______________
1938
.1anuary __________________
February ________________
March ___________________
Total, first quarter_
.June ___ -- -- ------------ -Total,
second quarter _______________
See footnotes at end of table.
Digitized by
Google
73,418,207.30
73, 052, 851 Ile
72, 589, 526. 211
REPORT OF RECONSTRUCTION FINANCE CORPORATION
55.
6.-Amount of authorizations, disbursements, repayment., and other reductions, and amounts outstanding from Feb. 2, 1932, to June 30, 1938, inclusive,
by classes and months I-Continued
TABLE
LOANS TO BUSINESS ENTERPRISES
[Under sec. 5d or the Reconstruction Finance Corporation Act, as amended]
Amount or author-
Year and month
izations
2
A mount or dis•
bursernents
Amount or repayments and other
reductions
Amount out•
stanrtin<! at end
or period
1934..••••••••••••••••••••
1935.••••••••••••••••••••
$25,477,350.00
64, ms. 931. oo
$6,315, 280. 11
32,216,012.05
$116,678. 79
2,312,596.88
$6,198,601. 32
36, 102,016.49
1936
Tanuary••••••••••••••••••
February ••••.••••••••••.
March •••••••••••••••.•••
<priL •••••••.•••••••••••
~lay ..•.•..••...•••••••••
June •••••.•..••..•.••••••
luly .••.•••••••.•••••••••
Aueust ..• _.•••••••.••••••
leptembet ••••••••••••••.
)ctober ..••••••••••••••••
\Ioveruber _______________
December ••••••••••••....
4, 350, 300. 00
3, Ml, 129. 70
2, 332, 710. 69
2, 448, 398. 11
2, 41s, r.oo. oo
3, 09:l, 31:1. 81
3, 4f>6, 479. 97
5, 4.19, 4.19. 02
I, 7.14, 860. 42
2, 799, 182. 14
1,049,025.00
3,422, ,lfi9. 2:l
3, 988, 339. 71
2, 655, 987. 11
2, 4,\5, 134. 15
2, 030, 136. 46
I, 342. 204. 60
2,260,913.12
2,942, 597. 10
1,857,919.94
1,949, 130. 67
3, 628, 323. 99
I, .137, 288. 38
2,980,141.75
385,238.64
392, 139. 75
542,954.56
332,147.91
803,461.09
502,213.45
488,439. 50
807,870.67
527,531.17
60:i, 877. 85
966,553.85
I, 066, 263. 99
39, 705, 117. 56
41,908, 9fi4. 92
43,881,144.51
45, 579, 133. 06
46, 117, 87fi. /i7
47,876, 57f,, 24
50, 3:io, 733. 84
51,380, 783. 11
52. 802,382. 61
55, 826, 82K 75
56, 397, 563. 28
58,311,441.04
Total. •••.•••••••••
36, 136,028.09
29, 628, l lfi. 98
7, 418, 692. 43
58,311,441.04
2, 908, 932. 94
)ecember ••••••••••••••••
!, 830. 28 I. 21
I, 807, 645. 4,5
I, 027, 789. 14
3 902, 800. 00
I, 628, .17,5. 00
• 2,707.000. 00
826,000.00
303 . .100. 00
690,833.32
I, 3.19, 91fi. 66
• 572, 099. 96
986,083.31
1, .145, 280. 11
924, fi8.I. 85
4, 7i9, 638. 62
2, 431, 944. 07
1,770,075.51
l,18fi,Sl7.04
2. 508, 504. 71
I, 120, 29.5. 07
I, 245,372.16
563,859. 33
2. 872, 669. 50
I, 394, 33fi. 45
1,097,178.48
1,054, 21 i. 21
738, 738. 13
548, 131. 23
806, 113. 71
761,821.59
928,550.80
668, 48,5. 05
I, 289. 818. 98
908,395.23
863,841.61
57, 903, 187. 90
58, 3,\ I, 289. 53
58, 221, 758. 17
62, 262, 658. 66
64. 146,471.50
65, 1 I0. 433. 30
65, 53,5, 128. 75
67. II,\, 082. fi6
67,566.892. 68
67, ,522. 44,1. 86
67. 177,909.96
69. 186, 737. 85·
Total. .............
' 16, 565, 378. 68
21,934,925.28
11,059,628.47
69, 186, 737. R5
365, 133. 33
f\.17. 500. 00
351,043.16
568. 244. 11
445,114.42
I, 360,457. R4
I, 635,074. 10
822,263.01
• 762, 832. 75
68,177,323.37
67,923.304. 47
67, 605, 586. 14
• 2,637, 707. 43
I, 364,401.69
• 2, 945, 553. 40
67,605. 586. 14
4, 176, 180. 00
9,111,610 00
11, 869. 960. 00
848,002.12
I, 3,15, 531. 94
3. 452, 444. 43
596,119.98
573. 000. 89
I, 341,102.91
67, 8.17, .528. 28
68, 639, 999. 33
70. 751. 340. 85·
ter .. ............ _
25, 157,750.00
5, 656, 038. 49
• 2, 510. 283. 78
70. 751,340.85
Grand total. •••••••
170, 143, 141. 10
97, 114,774.60
• 26, 363, 433. 75
70,751,340. 85-
1937
- ranuary __________________
~ebruary ________________
v!nrch •••.••••••••••••• _.
\priL •••••••••••••••••••
\fay
•••••••••••••••••••••
une _____________________
- uly .•••••••••••••••••••••
\urust •••••.•••.•••••••••
leptem1'er •••••••••••••••
Jctober •.••••••••••••••••
,o""emher _______________
1938
ranuary __________________
'ebruary •••••••••••••.•.
If arch •••••••••••••••••••
Total, first quarter.
I
\priL •••••••••••••••••.•
\lay _____________________
•••••••••••••••••••. ~lune
Total, second quar•
'
~URCHASIJ:S OJ' PARTICIPATIONS AND AGREEMENTS TO PURCHASE PARTICIPATIONS IN LOANS TO BUSINESS
ENTERPRISES
[Under
sec.
1134 ...••••••••...•.....••
)135..••••••••••••.•••••..
1936
5d or the Reconstruction Finance Corporation Act, as amended]
$3. 005. 185. 00
8, 867, 483. 32
·•nuary..................
3.14. 050. 00
r:~:~-:.:::::::::::::::
\priL...................
ri}: ~: oogg
~~t::::::::::::::::::::
ruly......................
\ urnst•••••••••••• c......
leptember. ··-··········,Jctober _... ••••• •••• ••• •.
~ovember_..............
$427,500.00
3, 461, 223. 67
-------------------$! 65, 270. 39
$427,500.00,
3, 723, 453. 28-
1=======1====~==11=====
608. 400.
1. ~;:
gig: '?l
1,079.960. 00
284. 250. 00
180,000.00
522. 500. 00
80. 500. 00
22.1, 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
51,021. 72
230,000.65
8!,09R. 84
47,423.93
78,936.38
96. 058. 75
29,571.85
86,344.99
377,749.95
133,426. 76
106,804.81
3, 928, 382. 12
4,339,954. 20·
4,327,661.22'
4, 532, 062 38.
4,607, 138. 45
4, 634, 702. 07
4,610,668. 32
4, M3, 769. 77
4, 777, 893. 21
5. 051, IO~. llil
5,001, 6-19. IT
5,051, 759. 3&·
)ecember .•.......•...... _ _ _ _64_,_ooo_._oo_
1
2, 665, 436, 55
5,051, 759. 3ft.
!, 337,130.47
TotaL--··-········
6,257,721.24
l = = = = = = l = = = ~ = = l0= = ~ = =01====-=" See footnotes at end of table.
Digitized by
Google
56
REPORT OF RECONSTRUCTION FINANCE CORPORATIO~
6.-AmD'lmt of authorizations, disbursements, repayments and other reductions, and amounts outstanding from Feb. 2, 1932, to June 30, 1938, inclusive,
by classes and months 1-Continued
TABLE
PURCHASES
OF
PARTICIHTIONS AND AGREEMENTS TO PURCHASE PARTICIPATIONS IN LOANS TO BUSINESS
ENTERPRISES-Continued
Amount 'l( authorizations•
Year and month
Amount of disbursements
Amount of repayments anrl other
reductions
1937
.January__________________
$600,250.00
$16,730.77
February________________
231,400.00
219,623.07
150. 646.15
March_------·----------·
321. 333. 33
April_____________________
386,900.00
2M, 625. 00
May_____________________
440,900.00
37, 179. 48
June_____________________
123,000.00
1.51, 520. 46
July______________________
• 174,500.00
258,203.33
Au~ust.__________________
• 151,750.00
8,000.00
September_-----------·..
000...00__ ----------··-· -----·
October. ___________________________!19,
··-·-·
November_______________
December________________
215,000.00
12. 500. 00
49,550.00
9,886.53
141,857.14
$48,891.68
64,308. f;3
217,835.69
56,584.55
119,092.41
62. 174. 85
73, 0,12. 06
64,862. 78
36,270.02
61,225.25
96,174.38
130,693.65
• 2, 776. 533. 33
], 330. 821. 93
1,021.166. 15
Amount outstaLdine at end
of period
$.\ 049, 598. 45
5, 361, 415. 14
5. 214,912.69
5. 153, 723. 15
5, 348, 76.3. 60
5, 266, 850. 67
5, 356, l 00. 28
5. 541,347.55
5, 484, 484. 77
5, 448, 214. 75
5, 436, 5.19. 50
5,350, 251.M
5,361,415.14
l-------+--------1--------1-------
TotaL_ -------- ----
1=======1=======1=======1======
1938
JRnuary_________________ _
75.000. 00
525,000.00
I I, 299, 300. 00
February _______________ _
March __________________ _
I
134,931.21
Ill, 337. 34
177,606.44
5, 240, 883. !13
5,129,546.59
4, 983, 940. 15
46,400.00
I
423, 874. 99
4, 983, 940. 15
157. 783. 00
66. 390. 69
809,660.02
1
117,489.62
114,288.34
25.1, 370. 21
5,024, 233. 53
4, 976, 33-1. 88
5, 620, 625. 69
14,400.00
-------------------32,000.00
1-------·l--------1--------1-------
3 l, 899. 300. 00
Total, first quarter_
===
A priL __________________ _I = =I,=
602, 62,1. 00
May ____________________ .
2, 579, 79,. 49
June ____________________ _
5, 786, 800. 21
1-------
T otaI, second quarter ______________ _
9,969,217. 70
1,123,833. 71
I 487, 148. 17
5, 620, 625. 69
l=======l=======l=======I======
Grand totaL ______ _
32, 835, 440. 59
5, 620, 625. 69
~. 055, 215. 86
• 3, 434, 590. 17
TOTAL, LOANS TO PUBLIC BODIES TO AID IN FINANCING PROJECTS AUTHORIZED
UNDER FEDERAL, STATE, OR MUNICIPAL LAW
[Under sec. 5d of the Reconstruction Finance Corporation Act, as amended]
1938
AprtL ______________________________________
. _________________________________________________________ _
May--------------------$337,000.00 ________________________________________ ---------------··.June ___ -----------------11,793,500.00 -------------------- -------------------- ---------------··-
Total,
second quar- _
ter ______________
12, 130, 500. 00
Grand totaL _______ .
12, 130, 500. 00
TOTAL, SEC. 5e OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AB
AMENDED
[Loans on the assets of closed banks and trust companies]
1934 _______ --- ---- -- __ -- __
1935 ___ ----------- _--- -- --
srn1,116.s7
12, 190, 576. 57
$22,500.00
11, 774, 404. 48
1936
.January__________________
305,365.56
28,380.11 _
February ________________________________
---- ___________________
March___________________
26,298.85
15,484. 77
Apr!L___________________
23,750.00
40,283. M
May_____________________
4,426.14
265,670.17
June_____________________
71,678.98
62,730.24
July ______________________ -------------------9,730.19
August ___________________ -------------------19,843.01
September_______________
13,173.07 ___________________ _
·October__________________
151,696.98
24,287.80
November_______________
71,251.47 ___________________ _
December________________
131,590.43
10,493.74
TotaL_____________
755,131.48
476,903.57
aro.
$139. 25
10, 671, 604. 80
$22.
75
1,225,160.43
40, 298. 61
1, 213, 242. 03
14,119.64
71,036.63
23, 550. 36
30, 561. 69
40,041. ]fl
41,535.47
62, 260. 33
!fl, 064. 49
1, HIii, 122. 39
1,187,570.53
1, 204, 300. 71
1, 4311, 412. 19
1, 462, 101. 27
I, 430,295. W
1, 387, 878. 67
31,750.86
1,371,814.18
1,364,351.12
23, 882. 00
34, 604. 18
1, 340, 469. 12
1, 3 I 6. 358. 68
385,705.32
l,31fl,358.68
l======l======l•====~•I=,.,,,.===
See footnotes at end of table.
Digitized by
Google
REPORT OF RECONSTRUCTION FINANCE CORPORATION
57
6.-Amount of authorizations, disbursements, repayments and other reductions, and amounts outstanding from Feb. 2, 1932, to June 30, 1938, inclusive,
by classes and months 1-Continued
'TABLE
·TOTAL, SEC. 5e OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS
AMENDED-Continued
Amount of authorizations 2
Year and month
1937
January ..•..•.......•.•..
February .••.....•.••....
March .............••....
April.. ..•.•..............
May .................... .
June .••••.....•..........
July .....••.••....•.......
August ....•...•.•........
Amount of dis•
bursements
------------------$10,573.66
-------------------23. 084. 65
Amount of repay•
ments anrt other
reductions
Amount out·
stan<ling at end
of periort
101. 3~4. 31
2,429, OJ,S, 79
$13,06-5. 45
40, Jq8_ 41
27, "7~. 62
21, 4M. i7
Sh, 43~. 20
2~. ,52n. 48
23, 14.5. 92
71. 4H. 15
Tl.4M. 05
Tl. 439. 53
41, 5q9_ 77
255, 89,2. 79
$1, 283, Zl3. 23
I, 283, 678. 48
!, 2,56, 091,.86
I, 2,57, 777. 74
1. 231, 93-5. 98
!, 203, 409. 50
I, 2.5.1, 433. 13
!, 102. 01~. 99
I, 171. 623. 40
I, 174.123.87
!, 233,918, 41
3,407,041.41
December ••••••••....••.•
$74, 7.58. 67
43, MR. 68
62. 737. 00
1, 201, 000. 00
I-54. soo. on
I 3,59, 447. 82
,54, ()()(). 00
1, 4,57. 186. 6-1
349,383. 17
167,300.00
54,200.00
110, GOO. 00
Total. •••••••.•...•
a 4,091. 9~2- 07
2. 744. 823. 87
654, 141. 14
3,407.011. 41
February .•••.•...•...•.•
March •••••...•••••••••..
338,010.08
lfi3, 7.50. 00
251,600. Oil
159,292.62
59, 41!i. 61
123. Ill. 81
267,676. 73
F9, 326. 32
• 43,374.46
3, 298, 6.57. 30
3. 2'l8, 74fl. 59
3, 348, 483. 97
Total, first quarter.
753,390. OS
341. 820. 07
• 400,377.51
3. 348, 483. 97
April.. •••.•.•••••.•......
Mny .................... .
June ••.••••••••••••......
212,219. ()I)
402. ,500. 00
51. 252. 18
22. ,57'l. 48
217. 761. 73
84,848.07
2~. i-54. 54
78 . .582. 9.5
• 34,076.92
3. 342,307.01
3. 481,406. fl9
3,532,257.84
Sept,,mher ••...••••.•••..
October .....•..•......•..
November'.............. .
30. 5!l6. 44
------------------ 75, rn9. ,55
8,000.00
7, 0i9. 47
~.orn.oo
1938
.January.....•.•••••...•..
Total, second quarter ••.............
66.5,991. 18
32!;, 188. 28
• 141,414.41
3. 532, 2,57. 84
Grand total.. ••.•..
18, 583, 188. 25
15, 685, 640. Tl
' 12, 153, 3E2. 43
3,532,257.84
LOANS ON SELF-LIQUIDATING PROJECTS
[Under sec. 201 (a), title II, of the Emergency Relief and Ccnstrnction Act of 1032, as amended]
- 1932..••..•.•...••••••••..
1933...••.....•.••••.....•
1934 ••••••••••••••••••••••
1935.. ·••··•·• ···- ••.•.•.•
$145. 77.5, 53'1.
74,538. 207.
25. 333,313.
36. 060. 000.
24
26
3r,
00
1936
-· January .•••.••..•••..........•••.••.......•..
February................
5,432.50
March .•.••••••.•.........•.•.••..•.•••••....
April.. •.•••.•••....•.•....•••................
May.....................
,57, 500,000.00
June •..•....•.••...••.....•.•...•...•••..••..
/ July ...•••.•••.•.•..•.••...•.•..••.........•..
Au~nsL ....•.•.•..••.....•.•••••...•.•......
Soptemher.•.••••.•.••....•••••.•.•.•••••.•..
October ...••••.•••...••..••••••..••••.•.•.•..
November._ .................................
_ December.•••...•.....•...•••.•...•••.•.•.•.•
1
Total. •.•••••••••••
1937
January..................
7, 463. 0.54. 95
3. 029. 480. 51
4. 929. 626. 03
4, OS.5, 000. 00
9, OTT, !\74. 84
I, 479, 000. 00
5,942,014.44
5, 862. 402. 84
4, 428, 000. 00
4, 710. 8S2. 89
3. 600. 000. 00
3. 600. 000. 00
1--------1-----
-------------------$60. 500. 00
8, 502. 202. 13
35, 750,632.97
4f, 896. 03
1. rn. 661. 02
573, 443. 76
131. 731. 91
6!i, 000. 00
5, /i316, 361. 24
138,262.06
28,000.00
41. 331. 65
33,147.64
80, 3'52. 36
2. 215,470. 51
$15,737,000.00
60, 781, flCJ.5. iO
114, 451, 740. ,56
138,424,359. 73
145,837,518 . .65
147,495.338. 14
IM, 851, .520. 41
155. 804, 78S. 50
164, 767. 36:!. 34
160,710.002. 10
lfl6, 513, 784. 48
112. 31e. 187. 32
176, 734, ~-55, 67
181. 412. mo. 02
184, 932, 238. li6
186, 316, 768. 05
10. 264, 6/\8, 18
186, 316, 768. 05
57, ,505, 432. 50
SP., rn1. 006. so
l=======l=======l=======I======
5,000.00
ii~r'
ciuy::==:::::::::::: :::: ::60,000,000.00
:::::: :: ::: :::
April.....................
May ••..•..•...• _••••.•..••.•••••••••••••••..
June•.••••.......••.•..••••..••.•.•.••.•.....
July..•••••.......•.•.••........••••.••.•.....
t~t:ber:::::::::::::::
:::::::: :::::::::::
October ...•••.•.•••............••••.••••••.•.
November._ •••.•••••.•••..••••••••••.•.•••••
December.•••••••••••••....•.••••••••••••••••
Total ............. .
$1.5, 73i, 000. 00
45, 10,5, 105. 70
62, 252. 336. 09
59, 723. 252. 14
5, 184, 000. 00
6. 525. 896. 92
1,837.000. 00
6, 572. 704. 08
3, 600. 000. 00
3. 384, 000. 00
3, 600, ooo. oo
!, 800, 000. CiO
4,082, 144. 1.5
3, 600. 000. 00
!, 800. 000. 00
3, ooo. ooo. oo
21,049.56
13. 000. 00
57,500.00
87,066.35
64,802.11
41,662.61
105, 39H. 37
58,800.00
31. 100. 00
92. 500. 00
41,911.62
54, b78. 02
rn1. 479. 118. 49
197,992.015. 41
199 772. 11,. 41
206, 257, 753. 14
209, 792. 9,51, 03
213, 135, 288. 42
216. 629,890.06
218,371.090. 05
222, 422, 134. 20
22.,. 929, 634. 20
227,617,722.58
231. 233, 144. M
4,5, 585. 745. 15
669,368.64
231, 233, 144. M
60. 005, 000. 00
l======l======l======l====-=
See footnotes at end of table.
Digitized by
Google
58
REPORT OF RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursements, repayments and other reduc-tions, and amounts outstanding from Feb. 2, 1932, to June 30, 1938, inclusive,
by classes and months 1-Continued
TABLE
LOANS ON SELF-LIQUIDATING PROJECTS-Continued
Year and month
Amount of author•
izations •
1938
January..................
$5~5. 000. 00
February................
165,000.00
March ....•..•.••.•••........••••••.•........
Total, first quarter.
Amount of repay.
ments and other
reductions
Amount of dis•
bursements
$1, 800, ooc. 00
I. 800, 000. 00
3. 600, 000. 00
$!, 107,005. 79
3, 216, 554. 03
117,200.00
Amount out•
standing at end
of {l8riod
$22!!. 926, 138. 77
227. 509, 584. U
230, 992, 384. 74
7, 200, 000. 00
7,440,759.82
230, 992. 384. 74
April.. .....••.•••.....•......••.•.•..•..•.•..
May •......•..••...••.•......•••..•........•.
June .••..•••••...••............••••..........
3. 032, 000. 00
3. 548, ~82. 98
I. 476, 000. 00
489,971.83
84,010.23
I 65,426.83
234,434,412.91
237, 899, 285. M
239,309,858. 83
Total, second quar•
ter ••.•••••..•.....••..•..............
8, 956, 8P2. 98
639, 408. R9
239. 309, 858. 83
63, 407, 530. 63
239, 309,858.83
Grand total.. ••....
7-10,000. 00
399,937,487. 36
1
1
302. 717,380.46
LOANS FOR FINANCING REPAIR OF DAMAGE BY EARTBQUAKE,FIRE,TORNADO,
OR CYCLONE IN 1933
[Under sec. 201 (a) (6), title II, of the Emergenay Relief and Construction Act of 1932, as amended]
$91,675.00
2':'4, 839. 44
273,099.67
$2, 669. 310. 88
8. 082. 97i. 78
7, 878, 001. 79
51,610.59
4. 264. 50
6,483.25
26,599.08
21,516.50
4,067.25
8. 802. 21
9,CJ6ll.25
34,8i7. 55
94, 108. 00
621,107.93
7, 827. 351. 20
7, 823, 086. 70
7,816,603.45
7,790,004.37
7,768,487.87
7,764,420.62
7,697,727.51
7, 688. 925. 30
7,679, 8,57. 0,5
7,644,979.50
7,550,871.50
6, 930, 063. 57
949,198.22
6, 930, 063. 57
74,952.89
13. 015. 00
7,055.72
40, 2.'\4. 85
15,236.17
16,136.67
62,208.82
12,571.00
35,5711. 72
5,729.20
8,933.25
6, 855, 110. 68
6, 842, 095. G8
ft, tl35, 039. 118 ·
6, 794, 785. 11
6, 779, 4118-IM
ft, 763, 51K. 47
6,701,386.65
6. 688,814.65
4, 388, 251. 66 ·
4, 352, 6i4. 93
4, 346, 945. i3
4, 338, 012. 48.
2. 592, 283. 29
4, 338,012.48.
tit~·.::::::::::::::: :::::::::::::::::::: ::::::::::::::::::::
74,631.48
36,158.01
158,080.17
4, 263, 3Sl. 00,
4,'01,222-~
4,169, 142.8%
Total, first quarter .•••••...•.•.•••••••.••••••••.••.••••••••
1 168, 869. 66
4, 169, 142- 82
tr:~·:::::::::::::::::::: :::::::::::::::::::: ::::::::::::::::::::
72,076.52
146,131.75
1 I 29, 236. 60
4,007,066.30
3, 950, 934. 55
3, 821, 6117.116
1933......................
$10, 450. 000. 00
1934••• ••••••••••••• ••••••••••••••••••••••••••
1g35.•••••...•••••••.•.....•.............. _••.
'
S2, 760. 985. 88
5, 69~. 506. 34
68. 183. 68
1936
January.................. ...•••••••.•••••••..
000. 00
February ..•••••••..•...•.•...•.•••••.•.•.•....•••••••••••...••.•
March ••.••....••.........••••••••••••.••.•....•.••.•••.•••••••.•
April.. .•.••••••..•.••.•....••••.•••.••••.•.....•..••.••••••••••..
May •..••••.•.••••.•••••..••••••••••••...••...•..••••••••••••.••.
June ...••••.••..•....••...•.•••••.•.••.....•. ········••··•····•··
July .•••.•••...•...•.••..••••••••••..•.••••..•••.•..••.•..••••••.
August..••••••........••..•••••••.••.••....••..••.•...••.•.•.•.•.
Sept.ember ••.•••.•.••.•...•••••.•••..••••.....•..••••.••••••••••.
October ..•.••••....••••••.•••••••••••.••••.•.••.•.••••.•••.•••••.
November _____________ ... _ ____________________ ------------------ -December................ . • • • • .•• .• . • • . • • . . • .
300. 00
Total. ••••••••.••.••...•.•..........•..
66,693.11
I. 200.00
1937
January •.•••••••.•••...•.••••••••.•••••••••••••••••.•••.•••••••••
rl~r~ary ·.::::::::::::::: :::::::::::::: :::::: :::::::::::::: ::::::
April. ••••••••••••••••.••...••••••••.•••••.••••.•••••••••••••••••.
May •••••••••••••••••..•..•••••••.•.•••••.•••.••.••.•..•.••••••.
June. • . ••••• •• • • • •• ••. • • •
232- 20
232. 20
July ...•••••••••••.••••••• •••••••••••••••••••.•..•••.•••••••••••••
August ••••••••••••••••••••••••••••••••••••••..•••••••••••••••••••
September •••.••••••••••.•••••••••••••••••••..••.•••••••••.••••••
October ..•••••••••••.•••.••••••••••••••.•.••..•.•••••.•••••••••••
November ••••••.••••.•.•.•.•.••••• · •••••••••.•.•.••••••••••••••.
Decembfr•••••••••••••••..•.•.•••.••.•.••••..•..•.•••.•••••••••••
Total. •••••••••.••.
232. 20
2. 300, 563. 00
232. 20
l======l======l,===-====•I=====
1938
January .•••••••••••••••••••••••••••.••••••••..••••••••••••••••••.
June .••.••••••.•••••.•••..•••••••••••••.••••..•.•••.•••••••••••••
Total, second quar•
ter ••.••••••••.•••.•••••••••••••.•••...•••••••.•••••••••••
Grand totlll ••••.•.•
10, 450, 232. 20
8. 629, 108. 10
1 347, 444.
1
87
3, 821, 697. 96
4,707, 410. 16
3,821, 611T. 95
See footnotes at end of table.
Digitized by
Google
59
REPORT OF RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursements, repayments and other reductions, and amounts outstanding from Feb. 2, 1932, to June 30, 1938, inclusive,
by classes and months 1-Continued
· TABLE
LOANS FOR FINANCING OF EXPORTS OF AGRICULTURAL SURPLUSES
[Under sec. 201 (c), title II, of the Emer~ency Relief and Construction Aet
Amount of author•
Year and month
izations
1033______________________
-
2
$52, 8~o. 542.
~o
19;i4_ --------------------4~0. 412. 42
1935 ______________________ --------------------
Amount of dis•
bursements
,,r 1932. as amended]
Amount of repayments and other
reductions
$7, 142, 72R 38
13, 056, 514. 59
25,313. 69
$247, .134. 37
4, 775. 909. J7
I, I 74, 182. 28
Amount outstandine at end
or period
$6, ~95, 194. 01
15, I 75, 799. 43
14, 0?6, 960. 84
1=======1=======1======~1===~==
1936
March __ ----------------- -- ------------------ --------------------
ApriL ____________________ ---------- ---------- ---------- --------- -
Total __ ------------ __ -- -- -- -_-- ---- ---- _- --- -- ------ -- - -- -Grand totaL. _____ _
53, 370, 955. 22
20, 224, 586. 66
1
442,677. 06
13, ,537, 387. 79
13, 584, 283. 78
46, 89.5. 99
13. 980, 064. 85
46, ~95. 99
20, 177,690.67
46,895.99
LOANS FOR FINANCING OF AGRICULTURAL COMMODITIES AND LIVESTOCK
[Under !<eC. 201 (d), title II, of the Emer1?ency Relief and Construction Act of 1932]
-
$54,775,920. 67
379, 792, 902. 87
4?7. 416, 1.13. 08
262, 025, 182. 40
$1,439.974. 09
70. 102, 936. 30
227,743,991.03
272. 891,481 84
.January__________________
100. 000. 00
~::c'ti~~-_:::::::::::::::
April_____________________
5:: ~.:
19'12_ -- __ ------ ----- -----1933
--- ---- -- --- -- - -_
1934 ______
_____________________
1935_ ---- ------ - -- -- -- ---1936
95
I3
57
89
$1,324,517.1,
68, 176, 593. 31
37,682,412.77
275,860,221.72
30, 037, 386. 99
801. 892. 37
1,399, 719. 53
I, 090, 400. 15
2,419,016.11
12, 340, 9.10. 47
I, 438, I 17. -.7
I. 026. 524. 18
2, 938, 098. 92
2,140,081.66
530, 725. 71
450,764.45
796,208. 55
527,453.05
1, 129,047. 08
0, 150, 115. 02
123, 387, 327. 37
28, 157, 969. 23
71, 426, 840. 04
383,670. 21
172,275.91
105,840.03
48,049. 0,5
82,805.12
305, 101. 400. 16
30,1, 375,839. 411
305, 54C., .111. 93
300, 586, 767. 06
179,618,455.80
163, 80 I, 437.
93,812, 714. 'Z1
94, 455, 568. 2,
97,221,391. 2li
99, 255, 632. 88
99. i:JS, 308. 64
100, l06, 267. 97
171,947,081. 78
56,613,677.81
232,367, 631. 56
100, 106. 267. 97
400,000.00
36,392,836. 28
347,294. 71
339,207.37
101,861. 21
47, 487. 95
Ill, 886. 85
15,058, 741. 40
764 440. 97
1,950,027. 15
7, 244, 727. 11
21,368,612.24
31. 99):, 822. 24
336, 124. 69
12, ~87, 970. 63
43,337,199.98
24. 120,654. 49
6,271.308. 88
2,134.888. 86
I, 779,578. 94
50. 836, 376. 02
576, 20,;. 07
450, 439. 45
236,836.28
204, 168. 10
136, 162,979.56
124,022,303.64
81,024.311. 03
57,005,517. 75
,50, 781,696.82
48,758,694.81
62,037.857. 'Z1
2, 96,1, 922. 22
4,339, 743. 30
11, I 34, 030. 96
32,265,806.92
64,054,461.06
903,558.08
May _____________________ ___________________ _
. June_____________________
8,637, 112. 42
July______________________
151,130,762.23
AU!?USt___________________
225. 000. 00
September_______________
225,000.00
October__________________
IO, 085, 000. 00
November_______________
60,000.00 _
December ___________________________________
TotaL ____________ _
1937
"" . January__________________
$115, 456.
3, 2,10, 860.
258, 238. 1ii.
34,713,672.
if'~r~y
~=:::::::::::::: :::::: :: :: :: :: ::::::
A priL _______________________ ------ ------ -- - -
°'
May _____________________ ----·----- _________ _
2,133,696.50
.June_____________________
July______________________
85,000,000.00
AU!?USt___________________
150,030,000.00
September_______________
175,000.00
October__________________
3,600,000.00
November_______________
4,564.000. 00
December________________
76,350, llOO. 00
1-------·1------Total _____________ _
322, 252, 696. 50
115, 719,945, 48
151. 771, 752. 39
64. 054, 461. 06
l=======l=======F======I======
1938
January ________________
700,000.00
17,458.858. 19
370,748.14
81,142,571.11
"' February________________
12,154,237.77
8,717.614. 42
oo~. 943. 23
8~, 9.51, 242. 30
1 9,710,000.00
March___________________
8,931,420.07
• I, 948,779.47
95,933,882.90
Total. first quarter.
t--------1--------1--------1------• 22,564,237. 77
35, 107,892. 68
• 3. 228,470.84
95,033,882. 90
I, 137. 526. 56
101,488, 105. 77
6 10, 766. 75
102,188,304. 72
909,715.33
898, 918. 58
• 102,636.489. 08
898,948.58
786,322,505. 41
898,948.58
April_____________________
50,000,000.00
7,391.948. 38
May _____________________ -------------------209,606.38
;:: J'une _____________________ _______________________________________ _
~
Total,
second quar-_
ter ______________
Grand totaJ________
7
50, 000, 000. 00
7,601,554. 76
1,690,774,178.07
7 787,221,453.99
I I
See footnotes at end of table.
Digitized by
Google
60
REPORT OF RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursements, repayments and other redurrtions, and amounts outstanding frurn Feb. 2, 1932, to June 30, 1938, inclusive,
by classes and months 1-Continued
TABLE
AMOUNTS MADE AVAILABLE FOR RELIEF AND WORK RELIEF
[Under sec. 1, title I. of the Emergency Relief and Construction Act of 1932, as amended]
Year and month
Amount of authorizations
2
Amount of disbursements
1932______________________
$112,492,873.22
$79,967,042.09
1933______________________
187,507,126. 78
220,017,956.91
1934 ____ ------ -- -- --- _- --- - - - - ---- -- -- -- -- - - -- -- -- ------- -- - -- ---1935 ______________________ ----------- --------- -------- -----------1936
January._________________ ____________________
February_________________ ____________________
March___________________ ____________________
May _____________________ -------------------June_________________________________________
Augu 0 t_ __________________ -------------------SepteTrber _______________ ----------------- ___
October _________________ · -------------------November _______________ -------------------Decemhe,________________ ____________________
TctaL _____________ ____ ________ __ ______
____________________
____________________
____________________
____________________
____________________
____________________
-------------------____________________
______ ' _________ ____
____________________
___ _____________ ____
1937
January__________________ ____________________ ____________________
March___________________________________________________________
May_____________________________________________________________
June_____________________ ____________________ ____________________
September_______________ ____________________ ____________________
October__________________ ____________________ ____________________
November_______________ ____________________ ____________________
Amount of repayments and other
reductions
$970, 085. 00
1,241, 324,00
1, I 46, 942. 00
Amount outstanding at end
of period
$79, 967, 042. 09
299,014,914.00
297, 773, 590. 00
296, 026, 648. 00
742. 00
296,625,906.00
435. 00
296,625,471.00
189,000.00
296,436,471.00
20,000.00
296. 416,471.00
2,760.00
296,413,711.00
190, fiOO. 00
296,223,211.00
228,500.00
295,994, 71!. 00
236,000.00
2%, 758,711.00
102, OO'l. 00
295,656,711.00
74,000.00
295. 582,711. oo
- - -1,043,937.00
----11- - -711.
- 00
295,582.
228,500.00
6,126,000.00
6,146,070.00
2,000.00
176,000.00
4,000.00
374. 30
295, 354, 211. 00
289, 228, 211. 00
283,082,141.00
283,030,141.00
282, 904, H 1. 00
282, 900, 141. 00
282, 899, 766. 70
282. 825. 7fi6. 70
282, 825, 7tki. 70
Dece~::~:: :: :~:: :::::: :::::::::::::::::::: :::::::::::::::::::: ___
12_'_7:-~-.:-:-~-.,-:
1938
=======!======
Marc~~;~i,-ii;;;-~~~~~;: :::::::::::::::::::: :::::::::::::::::::: --:-~:-:-:-::-:-:~-~-6:-~-~-1-::-:-:-::-:-:-::-:-::-:-::-::
Grand total_ ______ _
300 000, 000. 00
299. 984, 999. 00
• 299, 984, 999. 00
TOTAL, ACT APPROVED MARCH 9, 1933, AS AMENDED
Loans on and subscriptions for preferred stock, and purchases of capital notes or debentures, of banks and
trust companies]
1933 ____ -- _---- - -- -- - - ---1934_ ___ ---- _---- _-- --- --1935 __ ------- __ ----- ----- _
1936
January __________________
February ________________
March ___________________
tt:t------------------June _____________________
July
- - -___________________
-----------------August
September _______________
October __________________
November _______________
December ________________
TotaL _____________
. 1937
January __________________
February ________________
March ___________________
tt::J___------------------
June _____________________
uly ______________________
JAugust_
_________________
September _______________
October __________________
November _______________
December ________________
Total.. ____________
$!96 655, 000. 00
61i6, 910,925.00
82, 211, 264. 00
$264, 3!6, 216. 67
673, 657, 834. 23
102, 969, 288. 33
$145,975.00
73, 873, 817. 3G
69, 937, 714. 94
$264,200, 241. tfT
863, 984, 25:l. 60
897,015,831.99
661,250.00
1, 055 000. 00
1,682,500.00
85 000.00
2, 367, 500. 00
932,450.00
25 000. 00
10,000.00
56.000. 00
60,000.00
425,000.00
12,748,114.00
1, 179, 200. OC
1, 867, 400. 00
7, 109, 000. 00
560,000, 00
1, 573, 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, 905. 27
18, 228, 664. trl
12,176,087.42
7, 400, 914. 95
5, 406, 472. 58
53. 782, 230. 94
99, 460, 633. 87
19,126,510. 19
5,807,009.81
9, 095, 765. 91
7,347,541.90
32. 648, 306. 11
275, 559, 943. 52
904, 685, oro. 12
887, 635, 576. 15
877, 326, 88g_ 73
877,034, 973. 78
872, 188, 501. 20
819,985,220.26
721,027,186.39
70!, 925, 676. 20
701,150,266.39
693. 064, 500. 48
685, 791, 95g_ 58
653, 749. 652. 47
653, 749, 652. 47
360,000.00
640.000. 00
1,035. 000. 00
120.000. 00
93,000.00
6, 220, 000. 00
------------------373. 750.00
35S, 600. 00
1, 398, l 00. 00
69,000.00
6 712, 233. 33
17,379,683.33
a 15,044,097. 74
• 11,010, 697. 94
• 9,411,571.25
I 2, 440, 845. 59
I 1,860.474. 90
13, OS9, 134. 22
I 6, 626, 686. 18
I 6, 2S2, 926. 23
I 3, 443, 921. 06
'4,598,219.18
a 1,440.641. 33
• 13. 390, 707. 43
• 88, 639, 923. 05
f539, 065, 554. 73
628, 694, 856. i9
620,318,285.54
617,997,439.95
616, 229, 965. 05
609, 360, 830. 83
602. 734,144.65
596. 824. 968. 42
593. 739, 6H. 36
590, 539, 528. 18
5S9, 167, 8'36. 85
5S2. 489 41? 75
l.4'l0
f\'V\
'"'
~. 7 .....,
190,000.00
870 000. 00
37,500.00
343.000. 00
1 6, 370, 000. 00
5, 996, 800. 00
1, 038, 850. 00
206. 800. 00
624,000.00
40S. 500. 00
3SO.OOO. 00
735. 000. 00
17,200.450. 00
5~2. 4~~ ..... i5
See footnotes at end of table.
Digitized by
GO gle
REPORT OF RECOXSTR~CTIOX FINAXCE CORPORATION
61
6.-Amount of authorizations, disbursements, repayments and other reductions, and amounts outstanding from Feb. 2, 1932, to June 30, 1938, inclusive,
by classes and months 1-Continued
TABLE
TOTAL, ACT APPROVED MARCIi 9, 1933, AS AMENDED-Continued
Year and month
1938
Ianu...-y. _________________
February_--------------·
March
___________________
Total, first quarter_
~:~---------------------
Iune _____________________
Amount of authorizations
bursements
$'09. 7.5~. 00
1. !Jr.I, O'kl !Yl
3, o:!5, WU. (XJ
------
Amount of rep•yments and other
reductions
Amount of dis•
1
$503, .',00. 00
.
4, 80'J. 350. 00
26, 027, r,CHl no
2, f,()I, \IOll. 00
I. 219,500. O!l
----I. O'l3.
------ 250. 00
$577,870,341. 18
5'>3, 914,328. 81
562,204,554.47
• 21, 36~. IOl. 28
552, 201, 551. 47
1,051,507.04
1, 25!1, 330. 82
I I, 800,297. 70
565,942.017. 43
561,777,716.61
563, 75S, 3:8. 91
I
.
4, 789, 00), 00
95,(O).IKI
870, 000.
$5. 122. 571. 57
2,159,524.31
I
a 14, 0<6, 012. 37
l:!O. Olk). 00
449,750.00
t)O
Amount out•
standin~ at end
of period
----------
Tot..i, second quarte, _______________
29. ~51, 900, 00
5, 754, 900. 00
• 4, 201, 135. 56
M3, 758,318.91
Grand tot..J ________
1, 296. 329. 5~9. 00
1,097,484,936. 56
' 533, 726, 617. 65
563,758,318.91
-·
LoANS ON PREFERRED STOCK OF BANKS AND TRUST COMPANIES
[Under the act approved :Mar. 9, 1933, as amended]
1933 ______________________
. -------------------193L
1935 ___ --------------- --- -
$10. 5,9 500. 00
II, 5!1. 855. 00
975, 4(X), 00
1936
Ianuary__________________ ____________________
February ______________________________ ... __ ..
March ____________ .______
85, 000. 00
$7. 748, 100. 00
7. 823 ..525. 00
2. 277, 90.5. 00
$5S, 675. 00
1,478, 5!3. 37
1,713,568.44
$7, 6~9. 425. 00
14, 034, 436. 63
14, 598, 773. 19
40. 000. 00
5,200.00
75, 000. 00
112,473.20
332,696.54
128,408. 70
243,694.95
32. 272. 58
105,520.94
56,903.28
218,798.94
83,838.15
112,815.71
37,900. 78
74,025.98
14, 526, 299. 99
14, I 98, 803. 45
14. 145, 394. 75
13. 901, 699. 80
13 924, 427. 22
13, 842, 906. 28
13, 78fi, 997. 00
13, 5fil, 198. 06
13 483, 359. 91
13, 370, 5i4. 20
13,332,613.42
13, 258, 617. 44
1,539,355. 75
13,258,617.44
393,972.11
308,193.92
76, 194. 18
212. 887. 65
126, 56S. 38
126,929.22
328,618.58
359,875.31
359, 060. 30
248,284.81
105,244.08
91, 163. 72
12, 864, 645. 33
12,556,451.41
12, 480, 257. 23
12, 267 36~. 58
12, 140, 801. 20
12, 013, 871. 98
11, 685, 253. 40
11, 3 25, 378. 04
11,066.317. 74
10, 818, 032. 93
10. 712, 788. 85
10, 621, 625. 13
2, 736, 992. 3 I
10, 621, 625. 13
140,478.41
123,981.49
52,840.00
10,481, 146. 72
10,357,165.23
10, 304, 324. 27
tr:~--------------------- --------------------
000. 00.
June ___________________________________ ------ ----------55,
24,000.00
July_
- -___________________
------------------ .--. ---------- . ------ ----- ----- -- -_
_______
. _. ----_. __________________________
August
September _______________ -------------------October ____________________ ---- .. __ ---- --- --November _______________ -------------------December ________________ -------------------Tota). ___ ----------
85,000.00
-------------------__ ----- ----- ____ . __ _
___________________ _
___________________ _
199. 200. 00
1937
January __________________ -- ---------- -- -- ---- --- ----- ------ -----Februvy ________________
100,000.00 _______ , ___________ _
March_----------------- - ------------ ---- --- ----- -- ----- --- -- --
t[';~------~=::::::::::::::: ::::::::::: ::::::::: :::::::: :: :::::: :: ::
June __ ---------------- --- -- -------- ---------- ---- ---- -- -- -· ---- -July _____________________ ---------------------------------------August. __________________ -------------------- ___________________ _
September___________________________________
100,000.00
October __________________ ----------- - -- ---- -- ---------- ---- -- ---November ___________________________________ -------------------December ________________ ---------------------------------------Total _____________ _
100,000.00
100,000.00
1938
Ianuary __________________ ---------------- -- -- -- ------------ -- -- --
February _________________ . -------- ----- -- --- .. ----------- -------.
March_------------------ ---- ---------------- ------ ---------- ----
I
Total, first quarter_ -------------------- --------------------
April_------------------- _______________________________________ _
• 317, 300. 86
10. 304. 324. 'J:l
74,914. 8:i
17,856.23
• 114, 703. 68
10, 229. 409. 41
10, 211, 553. 18
10, 096, 852. 50
May-------------------- - ---------- -- -------- -------------------June _____________________ ------------ -------- ----------------- __ _
--·t--------f
Total,
second quarter ___________________________
------ _. ___________________ _
• 207, 471. 77
Grand total _______ _
23,274,755.00
18, 148, 730. 00
I
8, 061, 877. 50
10, 096, 852. 50
10, 096, 852. 50
Bee footnotes at end of table.
Digitized by
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62
REPORT OF RECONSTRUCTION FINANCE CORPORATION'
6.-Amount of authorizations, disbursements, repayments and other reductions, and amounts outstanding from Feb. 2, 1932, to June 30, 1938, inclusive,
by classes and months 1-Continued
TABLE
l
SUBSCRIPTIONS FOR PREFERRED STOCK
or
BANKS AND TRUST COMPANiltS
[Under the act approved Mar. 9, 1933,
Amount of author-
Year and month
izations
1933 ______________________
1934 ______________________
1935 ______________________
1936
January _______ . _._ •••. ___
Fehruary. _. ·---· ________
March.-----··-·-·-·-····
-··ApriL.·--···-_____
_________
May _____________
June.··-······- ·· ----·-··
July. __ ----·· •• ---·----··
August ....••••• ••• . ______
September ____ • _____ _____
October-·-·······--···--.•. ·········--Novcmher
•••.. _____
December ______
TotaL _·····-·-·· __
1937
2
a,
Amount of disbursements
amended)
Amount of repayments and other
reductions
Amount outstanding at end
of period
$262, 981,400.00
450, 852, 170. 00
68, 578. 864. 00
$140. 4.,3. 916. 67
457, 477,509. 23
R,5, 833, 833. 33
$S7, 300. 00
7. 030, 342. 50
30, 352, 827. 50
$140, 3~6. 616. 67
590, ~13. 7&1. 40
6-16, 289, 839. 23
606,250.00
1, 025, 000. 00
1, 590. 000. 00
85,000.00
2, 300, 000. 00
917,450.00
12, 6~8. 114. 00
1, 020, 000. 00
1, 732, 400. 00
7, 105, 000. 00
455, 000. 00
1, 499, 950. 00
472,600. 00
3, 025, 000. 00
2, 000, 000. 00
1, 000, 000. 00
75,000.00
550,000.00
31 ,603.064. 00
3,026,337.50
13,039,981. 75
11, 519, 905. 00
5,2 16,470.00
3, 452, 200. 00
48, 972, 210. 00
10, rm. 400. oo
16, 805. 286. 25
4, 104, 39f>. 66
5, 373, 890. 18
5, 628, 376. 25
22. 767, 776, 51
210,834, 296. 10
65S. 931. f.15. 73
643, 91 I. fi33 98
631, 124, 05-5 98
63,. 012. 598. 98
631,015, 3!l.'!. 98
585, 543. 13.5. 98
515, 038. 338. 98
5111. 253. 052. 73
499, 15~. 6,16 07
494. 779, 759. 89
489, ffi. 3S1. 64
467. ms 6~7 13
4f>7. 008 . G07. 13
32.5, 000. 00
640.000.00
1,-035, 000. 00
6, 67 4. 233. 33
' 10, 576, 236. 76
' 8, 634, 728. 90
I 4, 8~~, 806. 07
• I, 175, 310. 97
I I , 106,017. 78
3, 990. 805. 00
I 5, 432, 782. 60
I 4, 176, 430. 57
• I. 771,393.56
I 3 262, 059. 37
I 746,847.60
S 4, 766, 311.33
10,000. 00
50,000.00
25,000.00
425. 000. 00
1, 400, 000. 00
8, 433, 700. 00
16, 5&~. 233. 33
• 50. 572, 730. 51
456, 757. 370. 37
448, 712. r,41.47
444, 863. 835. 40
443, 763. 524.43
442, 7.55. 506. 65
444,959, iOI. 65
439, .'13~. 919 05
43,5, 56~. 488 48
433, 781, 094. 92
431, 823, 03,\, 55
431, 116, 1Si. 95
433 024. 1()9_9S
433, 024, 109 9S
January _________ -···--··February_-···-······-·-Marcb .• ··-·-·-······-·-Total, first quarter_
109,750.00
1, 050, 000. 00
3, 625, 600. 00
4. 785, 350. 00
498,500.00
130. 000.00
449. 750. 00
1, 078, 250 00
I 3, 668, 485. 57
• 13, 200, 870. 79
I 472,442.50
I 17,431,799.86
429,854,123. 38
416,693, 252.59
416. 670. 560 09
416,670. 560. 09
u::L- ---·-·····---···--
25,477,500. 00
1, 075, 000. 00
999, 500. 00
4, 725, 000. 00
535,075.(lll
810,280. 00
420, 850. 485. 09
January __ ...••• ·····-·- ..
February_--······------March--· ······-· ····-·-· ·····-·-April·--·······_____________________
May
June.·-------··-··--···-July_.-----·-·---··-·-··August. __ ----·-·-·-·--·September.--- -· · --··-·-October---·-···· -··-·-·-November_·····---·····________________
December
Total_-···-··-----1938
June.·-· •• ··-···-·-··. --Total, second quarter ---·-··-··--··Grand total_ _______
PURCHASES
170,000. 00
770,000.00
37, 500. 00
343,000.00
• 6, 370, 000. 00
5, 775, 000. 00
750,000.00
156,000.00
530. 000. 00
388,500.00
380,000. 00
730,000.00
I 16, 400, 000. 00
8a, ooo. oo
93, 000.00
8, 205, 000. 00
------------------- 200,000.00
1, 296, 000. 00
40,000. 00
95,000. 00
300, 000.00
t 1, 079, 137. 50
420, 145, 20-1. 09
419,3f!S,orr7 59
27, 552, 000. 00
5, 120, 000. 00
• 2, 424, 492, 50
419, 366, 067. 59
830, 593, 484. 00
738, 159, 856. 56
• 318, 793, 788. 97
419,356, 06i. 59
or CAPITAL NOTES OR DEBENTURES OJI' BANKS AND TRUST COKPANiltS
[Under the act approved Mar. 9, 1933, as amended]
$116, 144,200. 00
$116, 144,200.00
$222, 985, 100. 00
1933 ____ -----· - ••••• ·-·-··
$65, 364, 961. 43
259, 136, 038 57
208, 356, 800. 00
194, 523, 900. 00
1934 ____ ··-----· ----·-·-- _
37,861,319.00
236, 127,219.57
00
500.
852,
14,
12,657,000.00
1935 ______ .• - --- --·-·-·· -=======1======
1=======1=======1
1936
234,227, 125. 00
1,940,094.57
40,000.00
55,000.00
JanuarY----········-----229,.525, 13S72
4,855,986.28
154, 000.00
30,000.00
February________________
229,057, 425.00
527,713.72
60,000.00
7,500.00
March_______ ____________
~:r ___________________
----------67. 50000-
J:~::=i
t~~~::=i
~:i!Km~
220,599, 175. 00
4,704, 500.00
55, 000.00
15,000.00
June_____________________
192,202.850. 41
28,426,324 . 59
30,000.00
25,000.00
July________ _____________
19~, 100,425. 41
102,425.00
2,
_
____
_
__
___
··-····-________
---·-·--·-··
August ___________________
188,513,2~ . 41
1,619,675.00
32,500.00
6, 000.00
September____ ___________
184,914,196.39
3,009,054.02
10,000.00
35,000.00
October__________________
183, 232, 9~1.52
1,681,264.87
Novemher .. ·-··········- -··---·-··-· · --- ____ --······----·- ______
IT.l.4~2. 427 90
9,806,503.62
56,000.00
30,000.00
December__________ ____ __
------------11--------1
173.482. 427.90
63,136,291.67
491,500. 00
271,000.00
TotaL_____________
See footnotes at end of table_
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Google
REPORT OJ,' RECO:\'STHl"CTIOX FINA:\'CE CORPORATION
63
6.-Amount of authorizations, disbursements, repayments and other reductions, and amounts outstanding from Feb. 2, 1932, to June SO, 1988, inclusive,
by classes and months •-Continued
TABLE
PcRCHASES or CAPITAL Nons OR DERENTl'RES or BANKS AND Tat·sT COMPANIES-Continued
Year and month
Amount or author•
izations 2
Amount of disbursernenL~
1937
January..................
t!O, 000. 00
fl.I, 000. 00
February ...................................................... .
March ......................................................... .
April..................... . • .• .. • .•.... ...• ...
40, om. oo
May......................................... ............ . ..
June.....................
2"21. ~(Kl. 00
15. 000. 00
Jnly ... . . . . . ... ... . . .. . . ..
2SS, S'<l. 00
Au,rust................ ...
fO 8<10 IIO
September...............
94. rMIO. oo
October __ ................
:al. 000. 00
November.·············· ...• ........ . . . . .
December................
5. 000. 00
Total. .••••.•......
Amount or repay.
ments and other
reductions
, u. on. l®l. 87
30
20
00
65
38
$169, 44l 519. 03
167. 42,5, 761. 91
lfi2, 97 4. 192. 91
161. 961. 545. 94
161. 331, fi.57. :.D
1.12. 377, 2,17. 20
151,511,972.20
149. !13!1, 101. 90
148, 8'«, 234. 70
147. 898,459, 70
147. 33~. 910. 05,
138. 843,
GT
3,1, 330, 200. 23
138, 843, 677. 67
2,017, 775.
4, 4,51. 571.
3 ], 0,52. 64fi.
627, 8SS.
8. 971. 4tl0.
J 86.5, 28.1.
3 1, 74fi, 6:..>o.
1,313. 4fi7.
l. OR7, R75.
3 .58S .•549.
' 8, ,,33, 232.
.. • • • • . • • • . ....... .
171, 750. 00
25.~. •~n oo
l02. l()(l.llO
2'J, IHI. IKI
38. Ol~l. llO
Amount out•
stand in~ at end
or period
12
00
97
74
Oil
fl()
on
700,450.00
691. 450. 00
1938
January.................................... .
5,000.00
'1. 313. 60fi. 59
'671, 160. 09
I 1, fi34, 240. 88
137, .135. 071. 08
136, 863,910.99
135, 229, 670. 11
5, 000. 00
3 3.
135, 229, 670. 11
February................
March...................
14. 000 IIO
10. 000. oo
Total, first quarter.
Aprll......... .......... ..
May··-··················
June.....................
T otal, second
quarter...........
Grand total........
24. 000. 00
3
619,007.56
l=======l=======I====
5.",0, noo. 00
1, 5~>9. \lfKl. IMl
64, Ol.10. 00
441,517 18
431. 194. 59
O 696. 459. 52
134, 8,12, 1.12. 93
134,420. 9.18. 34
134, 295, 398. 82
2. 299, 900. 00
f34. 900. 00
• 1, 569, 171. 29
l=======l=======I====
134, 295. 398. 82
• 206, 880, 05 I. 18
134, 295, 398. 82
220. ooo.
no
570, 900,(K)
l--------l·-------1-----433,461, 3.",0. 00
341, 17f, 350. 00
TOTAL, SEC. 5, TITLE I, OF THE AOmn;LTL'RAL ADJUSTMENT ACT OF 1933, AS
Al\lEXDED
[To Secretary or Agriculture to acquire cotton)
1933 .. ·- ................. .
11134 ..................... .
Grand total. ..••••.
TOT ... L, SEC. 36, TITLE II, OF THE EMEROENCY FARM MORTGAGE ACT OF 1933, AS
AMENDED
[Drainage, levee. irri~atlon, and similar districts, etc.)
1933 .. ·-··••···········•··
1934 ..................... .
1935 .•••.•.•.•.•••••••••.•
$7. 039. 114. 08
$2.413 9.5.5, 1/J
9. 834. 2r,~. 86
37. 805. 506. 8,1
-------------------$44, 09
78. 803. 49
$2,413, 955. 10
12,298.179. 87
50, 024. 8.S3. 23
1">3. 40
28'.J. 70
132. 43
440. 18
1, 222, 904. r,4
431,066.12
1, 7tl2. 746. 00
8'16, 603. 24
1, 787, 345. 64
73. 34,1. 48
1, 588, 205. r,4
1,120,012.21
531. 045. 06
904. 4311. 38
4, 032, 732. 09
901. r.o7. 28
837,089. 72
902,784.62
538. 028. 02
I, 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
51, 785,178.89
51,852,524.37
53,420,230.01
54, 712,255.97
55, 222, 784. 03
56, 110,212.82
60, ICkl. 500. 82
60, 9,58, 113. 93
61, 756, 786. ~7
62, 632. 344. 90
63, 09.5, 731. 73
64, 284, 161. 22
327,013,410.11
14,762,887.63
503,609.64
64, 284,161.22
I 51,094. 036. 88
I
32, 159, 357. 8(1
1936
1anusry...•.....•........
February .•...•.•........
March ................. ..
April. ................... .
May .................... .
June.•-············•· ... .
July .................... ..
AUl(USt .................. .
September ............. ..
October ................. .
November .............. .
December ............... .
Total. ....•........
.51.5. 425 31
a 3, 523, 48S. 29
3, 9:lll. 278. 00
4. 876. 6;'.1. 70
3
3 21!8.
4, 32j,
1, 902.
3. 4,,3
See footnotes at end of table.
101508-38---G
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64
REPORT OF RECONSTRUC'flON FINANCE CORPORATION
6.-Amount of authorizatiom, disbursements, repayments and other reductions, and amounts outstanding from Feb. e, 1931!, to June SO, 1938, inclusitle,
by classes and month_s 1-Continued
TABLE
TOTAL, SEC. 38, TITLE II, OF THE EMERGENCY FARM MORTGAGE ACT OF 1933, AB
AMENDED-Continued
·
Amount of author•
Year and month
izations 2
Amount of repay.
ments and other
reductions
Amount of dis·
bursements
Amount outstanding at end
of period
1937
1anuary ..•.•.•..•.•••••. _
February •••.....••.•.••.
March .••...•...•.•...•..
April.. ........ .. ..... ....
May .••.•..••....••...•..
lune . .•....•• .•...•.. : •..
July .... .• ••.•. ....•.. . . ..
August.. .. . •....• .... . ...
September .• ... ...•.•....
October .....•••..........
November .••.. . •.• .•....
December •.••••••...•....
$607, 323. 02
• 1. 676, 249. 50
I 1, 433. 982. 37
I 4,267,97 1.15
I 305, 296. 04
• I , 925, 753. 76
2, 303, 942. 79
251,058.04
402,939.40
361,143.98
1,724,578. 45
I, 294,402.49
~5.807.12
1, 397, 031. 81
I, 248, 009. 10
3, 249, 522. 39
577. 838. 36
1,263,661.45
2, 276, 729. so
470,325. 43
2, 334, 770. 15
102, 746. l i
57,600.62
422,578.55
Total. •.••..•.••...
I 6, 554, 640. 99
14, 287, 220. 95
January •.•... ... ..•..•...
February ••••••.•.•......
March ..•••...•.....•....
190,099.95
2,100,697.43
356,167.86
434,194.07
170,815.17
61,167.66
Total, first quarter.
2, 656, 965. 24
666,176.90
~:l·::::::::::::::::::::
547,618. 75
1, 775, 116. 73
1, 026, 907. 50
1,336, 819.68
337, 464.92
448,786.34
$6,368.94
$65, 163, 509. 40
29,035.06
73,886.68
131,003.04
164,838. 06
104, 723. 45
83,657. 46
26, 4-04. 65
197,776. 64
120,854. 53
34,154.81
172,924. 87
66. 531, 596. a
67,706, 318.57
70,824. 747. 92
71,237,748.22
72, 3!16. 686. 22
74, 589, 75.9. Sf
75, 033, 679. 34
77,170,672.85
77, 152, S64. 49
77,176, 010. 30
77,425, 663.118
1, 145, 718. 19
77, 425, 663. 118
I
181, 2.14. 70
101,831. 55
301, 944. 79
77,678,623.35
77, 747, 606.117
77, 506,829. M
I
585,011.04
77,506,829. M
117,017. 62
86,230. 08
I 19,818. 90
78, 725, 631. 90
78, 976, 836. 74
79, 406. 834. 18
'
1938
June • ••.••......••.••.•..
--
Total, second
quarter ....•......
Grand total.. .•.••.
3, 349, 642. 118
2, 122, 070. 94
• 223,0ll&. 60
711, 405, 834. 18
139, 867, 168. 08
81,942,087. 23
• 2, 536, 253. 05
79, 405, 834. 18
TOT AL, ACT APPROVED 1UNE 10, 1933, AS AMENDED
1933 •••• ••••••••••••••....
1934 ••••••••••••••••••.••.
1935 •• ••••• •.••.••• ••••·•·
1936
$4, 375, 000. 00
25, 850, 000. 00
150,000.00
$4, 375, 000. 00
25, 850, 000. 00
150,000.00
$92,000. 00
100,000. 00
$4, 375, 000. 00
30, 133, 000. 00
30, 183. 000. 00
1=======1=======11=======-i======
1anuary••....•................•..••.•••.••• . ..•..••...........•..
May ••.. ... .....•...............•••. •.•.••.......••..•...........
lune •.•. ..•.... ..•..... .....•.......... ..•... . .. •.•........ ......
1uly.. . ....•.............. ··•················· .•...•..............
August...................
4,000,000.00
4,000,000.00
October .............................•.......•.•.....•.......•....
November ...•..•••.......•.............•.......•.•..............
December .•................ ... ........ . .•.. ..•...................
350,000.00
320. 55
4, 000, 672. 14
30, 082, 500. 00
30, 080, 672. 14
30,080,615. lt
29,955,615. It
33, 955, 615. It
33,605,615. It
33, 605, 294. 64
29, 604, 622. 50
4, 578, 377. 50
29, 604. 622. 50
1anuary .. ••.....••.•••.•.......•..........•..... •. •.••.. .........
March ... ••. ..•••..•..............•........ .. .••.......•....•....
Ml\y •••••••.......•..... ·····•···········•·· ·· · · ················
June .•....•........•.•..•.......•...............•.•.....•..••....
1uly........ ··•······ ..........•..........•... .. .•.... . •.. ····••··
August ...... ....•....•..............•.......• . .•...........••....
October .•................................•......•.•......•..•.••.
December . . .•...•.............................•.• .. ..............
I, 236, 000. 00
28, 369, 622. 50
28, 355, 372. 50
28, 024, 430. 55
27, 952, 543. 82
27, 836. 300. 77
27, 806, 300. 77
Total. •................... _. _............................. .
1, 836, 927. 25
27, 767. 695. 25
20, 000. 00
407,305. 19
121,176. 57
27,747,695.25
27,340.390. OIi
27,313, 213.4t
Total. ..•....... ...
4, 000,000. 00
4, 000, 000. 00
100,000.00
1,827. 86
56. 95
125,000.00
1937
14, 2t0. 00
330,941.05
61,886. 73
126,243.05
30,000.00
13,580. 26
25,025.26
27, 792, 7:.ll. 51
27, 767, 695. 25
1938
January.. . . ....... . ..... . .......• .......•••• . ......•..•..........
February. ......... ...... .. .•.•. ..... ...••. .• .••........• .. ......
March ........... .................... .... . .... . . ......... ........
1 454,481.76
27,313, 213.4t
• 7,061, 786. 51
27,313,213.49
Total, first quarter.... ........... ... ...... .......... ..... ..
Grand total. .. ••...
34, 375, 000. 00
=======!=======!,=====
34, 375, 000. 00
Bee footnotes at end of table.
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65
REPORT OF RECO:XSTHl.CTIOX Fl:XA:XCE COHPORATION
T Al3LE 6.-Amount of authorizations, disbursements, repayments and other redu~
tions, and amounts outstanding from Feb. 2, 1932, to June 30, 1938, inclusive,
by classes and rrwnths 1-Continued
or
LOANS ON PREFERRED STOCK
IKSUBANCE C0!4PANIES
[l'nder the act approved June 10, 1933, as amended]
Year and month
1933 .•....... •••••···· .•. ·
1934 ........ •·•··•••······
1935 .......•••...••••.••..
Amount or outhor•
Amount of dis-
iz~ltions 2
bursements
$4.
3n, ooo. oo
$4,
25, ;so, mo. oo
ISO, 000. 00
Amount or repay.
ments and other
reductions
n,. ooo. oo
25, 1:-,0. 000. 00
Amount out•
standing at end
of period
$4, 37.5, 000. 00
$92,000.00
100,000.00
30, 033, 000. 00
30, 083, 000. 00
J'anuary.................. ...............•.•.. .........•.........•
100, S00.00
lvlay. .. .....•............ ...... ... .... ... ...• .. ............. ... ..
I, 827. 86
.5rl. 95
125,000.00
150,000.00
1936
soo.
4,000,672.14
00
29, 982,
29, 9'11J, 672. 14
29, 9:lO, 615. 19
29,855,615.111
33, 8,5fi, 615. 19
33,505,615.111
33, .505, 294. M
29, 504, 622. 50
4, 578, 377. 50
29, 504, 622. 50
October ..........•..........•.......•...•.•.....•... · .•...•......
December.•.•.•.•...•.......•....................................
1, 235, 000. 00
14, 2,,0. 00
330,941.95
61,886. 73
126, 243. 05
30, 000. 00
13,580.26
25,025. 26
28, 269, 622. 50
2S, 25.5, 372. EO
27,924,430.56
27_, 862,543.83
27, 736, 300. 77
27, 706, 300. 77
27,692,720.51
27,667,695.211
Total .•...•..••.•..........................................
1, 836, 927. 25
J'une... .....•......••.... . ... .......... .. .. . . .... ... .............
J'uly...................... .....•.............. .•..................
t~t~~;.:::::::::::::::::: .......~'.~'.~'.~........~'.~'.~'.~. ·········a50;000~00·
320. 55
November............... ...••............... .....•..............
December .•.•.......•.·•.. .................... ....................
Total ...•.....•.•..
4, 000, 000. 00
4,000,000.00
1937
J'anuary ...•..••..•••.••...•••••.•........•.....•.••.....•...•.•..
l\Iarch •....................•..•.....................•...•.......•
May ................•.......•.................•..................
.Iune .••.................. ··•··········• ······ ··············•· ·•··
.Inly.......•.. ····•···· ... ·····•······ ............•. ·•····•····• ..
All!!USt ••.••••.••••••.•••• ·················•·· ···•················
1------27, 667, 695. 211
1938
J'anuary ...•.............. ......... ..... ...... ... . ...... .....•.•..
February._.............. . . ... ....... .... ... . ...... ............ ..
March................... .......... .......•.. .•..................
20,000.00
407,305.19
27,176.57
27,647,695.211
27,240,390.08
27,213,213.49
• 454,481. 76
27,213,213.411
3
1--------1--------1-------
Total, first quarter. .................. .. ....................
Grand total. ....••.
34,275,000.00
i=======t=======i=====
34, 275, 000. 00
27, 213, 213. 411
• 7,061,786.51.
SUBSCRIPTION FOR PREFERRED STOCK OF AN INSURANCE COMPANY
[Under the act approved June 10, 1933, as amended]
1934•• ·-······-··· ••••·••.
$100. 000. 00
Grand total.. ..••..
100,000.00
I
TOTAL, ACT APPROVED APR. 13. 1934, AS AMENDED
[Loans to finance the repair or damage try earthquake, flood, or other catastrophe in 1933, 1934, 1935, and 1936)
1934. ··-·········· ••••••••
1935 .•••••••••••••••••••••
$2,150,000.00
150,000.00
$160, 430. 00
1, IOI, 285. 00
-------------------$12,365.00
$160, 430. 00
1, 249,350.00
1936
January..................
50,000.00
February ................................... .
March .......•...............................
April.....................
629,517.00
May.....................
780,667. 75
June.....................
1,213,459.00
July......................
195,195.00
Angus~...................
117,505.00
September...............
62, 34,5. 00
October..................
46, 57.5. 00
November...............
98,750.00
December................
80, 7.50.00
Total.-······•··•··
3, 274, 763. 7.5
19,150.00
6, fiOO. 00
12, 42.5. 00
17,690.00
3M, 24,5. 00
172, 261. 23
234,325.42
259,627. 93
126,131.00
1(10, 102. 88
176,250.00
143,851.02
5,848.25
327. 93
1,971.23
7,354.14
34,307.46
5,347.19
4,882. 72
973,124.98
10,054. 56
IJ, 215. 95
9,901.09
18,860.56
1,262,651. 76
1, 2il8, 823. 82
1,279,277.59
1, 289, 613. 46
I, 610,550.99
1,777,465.03
2, 006, 907. 73
1,293,410.68
1,409,487.13
1,498,374.06
1, 664, 722. 96
1, 789,714.33
1, 623, 560. 38
1,083,196.06
I, 789,714.33
l=======l=======l,======
See footnotes at end of table.
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66
REPORT OF RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursements, repayments and other reductions, and amounts outstanding from Feb. 2, 1932, to June 30, 1938, inclusive,
by classes and months 1-Continued
TABLE
TOT AL, ACT APPROVED APR. 13, 1934, AS AMENDED-Continued
Year and month
Amount of author•
izations 2
1937
lanuary..................
February.................
March...................
$15,900.00
6,325. 00
21,500.00
6,700.00
31,700.00
30, 000. 00
5, 300. 00
14,500.00
1,000.00
12,000.00
ApriL...................
May.....................
lune.....................
luly .... .. . ... • . . . . . . . .. . .
August...................
September...............
October_.................
November............... .................. ..
Dttember .............. ..
600. 00
Amount of dis•
bursements
Amount of repay•
ments and other
reductions
$15,081.27
16,597.33
17,036.22
18,032.55
29,319.28
35,849.53
22,683.88
32,367.01
39,203.77
28,856.47
20,984.28
28,856.50
$65,738.25 '
55, 708. 59
24,625.00
102,800.00
57,600.00
38,000. 00
49, 900. 00
38,300.00
42,700.00
30,130.00
28,510.00
36,560.00
Amount out•
standing at end
of period
1--------•f--------+--------~
Total..............
304,868.09
570,571.84
145,525.00
l=======l=======l=======I
1938
lanuary..................
14,000.00
2,600.00
February ........................................•..............
March ........•..................................................
$1,840,371.30
1,879,482.56
1,887,071.:H
1,971,838.79
2,000, 119. 51
2, 002, 269. 98
2, 029, 486. 10
2,035,419.09
2,038,915.32
2, 040, 188. 85
2,047,714.57
2,055,418.07
2, 055, 418. 07
25,912.46
17,540.39
• 20,276.69
2, 032, 105. 61
2,014,565.22
1,994,288.53
63,729.54
1,994,288.53
3
Total, first quarter_ 1====1=4,=000=·=00=•====2=,600=.=00=l=======i==
12,634. 76
1,981,653.77
April ..•.•.•.............. ••··•·•············· ·······•············
18,800.19
1, 962, 8.53. 58
May ..................... ··········-········· ................... .
• 14,578.01
1,948,275.57
lune ..................... ··········-····--··· ._
.... : ............. . .,_
______ ____
Total, second quar•
ter ............................................•.........
Grand total. ...... .
5, 734, 288. 75
3,458,447.22
• 46,012.96
1,948,275.57
• 1,510,171.65
1,948,275.57
TOTAL, SEC. 14 OF THE ACT APPROVED JUNE 19, 1934, AS AMENDED
[Loans to borrowers engaged in the mining, milling, or smelting of ores)
1935 ...•. •····-··········
$6, 307, 000. 00
$932, 000. 00
$15,000.00
1=======1=======1
$917,000.00
1936
lanuary..................
February................
March ......•........ ·--April.. ...... _...... __ ....
May.....................
lune.....................
luly.....................
335,000.00
18.'i, 000. 00
351,000.00
255,000.00
554,000.00
186,500.00
a 131,000.00
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
4i, 000. 00
71,000.00
Total. ............ .
32,601,500.00
940,500.00
August ...................................... .
September...............
292, .500. 00
October..................
252,500.00
November...............
20,000.00
December................
39,000.00
80,000.00
40,000.00
305,000.00
25,000.00
857,000.00
872,000.00
975,000.00
978,000.00
979, !XX). 00
601, !XX). 00
746,000.00
1, 054, 000. 00
I, 186,000.00
1,259, ,1()().00
1,306, j(l(J, 00
1,337,500.00
520,000.00
1,337,500.00
--------------------------------------30,000.00
----------------------------------------------------------------------------40,000.00
1937
lanuary..................
February................
March...................
550,000.00
a 325.000.00
20,000.00
tts'V·····················
• ~::gzgJg
3
lune.....................
100. ooo. oo
July ... ··················
57,000.00
August...................
20, 000. 00
September...............
606,000.00
October.................. ·········•-·--•- ... .
November...............
250. 000. 00
December................
20, 000. 00
Total. •••..•.......
3
2, 350, 000. 00
37,000.00
30,000.00
19,000.00 -------------------148,000.00
72,694.21
110,000.00 -------------------125,000.00
20,000.00
286,000.00
60,000.00
30,000.00
30,000.00
199,000.00
25,000.00
131,000.00
20,000.00
34. 000. 00
20,382.27
51,000.00
50,114.54
124,000.00
140,885.46
1, 294,000.00
469,076.48
See footnotes at end of table.
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1,344, 1i00.00
1, 363,500.00
1,438,805. 79
1, 548,805. i9
1, 653,805. i9
1, 879, SO.I ;'9
1,879, l'05. i9
2, 053. 805. i9
2, 16005. ;9
2, 178.4Zl.52
2, 179.~.!ll
2, 162, 4Zl. 52
2, 162, 4Zl. 52
REPORT OF RECONSTRUCTION FINANCE CORPORATION
TABLE
67
6.-Amount of authorizations, disbursements, repayments and other redu~
lions, and amounts outstanding from Feb. 2, 1932, to June 30, 1938, inclusive,
by classes and months L-Continued
TOTAL, SEC. 14 OF THE ACT APPROVED JUNE 19, 1934, AS AMENDED-Continued
11138
January..................
$20,000.00
February ••••.....•.... __ --·······- --· ·-----March.··--····-········- -·-·- -····- -- --- -- --
Total, first quarter_
Amount or repayments Rnd other
reductions
Amount or dis•
bursements
Amount or RUlhor•
izations 2
Year and month
$71. 000. 00
119, 0ll0. 00
151,000.00
$2. 230, 248. 36
$3,175.16
-------------------10,000.00
2, 349, 248. 36
2, 490, 248. 36
13,175.16
341,000.00
20, 000. 00
Amount out•
standing at end
of period
2, 490, 248. 36
1=======1=======1====== 1,
92,000.00 --------------13,000.00
140,000.00
20,000.00
May.. ·-·-···-···-·--···200. ouo. 00
51,000.00 ,
(')
June .• ·-·····-··--------- ,
65Y. 000. 00
0
April.. ••••• ····-····-·-__
Total, second quar•
ter. ··-·······-·-Grand total........
________,_______
872. 000. 00
283,000.00
12, 150, 500. oo
3, 790, 500. 00
2, 582, 248. 36
2, 702, 248. 36
2, 753, 248. 36
• 20,000.00
2, 753, 248. 36
• 1,037,251.64
2, 753, 248. 36
1=======1=======1=====
TOTAL, SEC. 16 OF THE ACT APPROVED JUNE 19, 1934, AS AMENDED
[Loan to a public•school authority for payment of teachers' salaries due prior to June 1, 1934]
$22, 500. 000. 00
~~and totaL.. ..•....... _I
22, 500, 000. 00
I
$22. 300. 000. 00
22,300,000.00
I
1--······-·----··--
$22,300,000.00
22, 300,000.00 -··-·-··-·-···----
TOTAL, ACT APPROVED AUG. 24, 1935
[Loans to or for the benefit of tax-supported public-school districts or other similar publi"'school authorities
in charge of public schoo1s]
1936
January________ .... -····February _..• -····· --·-- _
ApriL.·-····-······- -- -June_·--·-··-··--···-··-August_ .. __ ... ·- ___ ·- -· __
September.··-------·-- -October __ --------·--- ___ _
December_···----···-····
Total.·-·-········-
$383, 000. 00
80. 800.00
208,500.00
61,000.00
564,420.47
257,000.00
30,000.00
181,000.00
1, 765,720.47
$53,420.47
53,420.47
53,420.47
75,920.47
91,420.47
135,086.70
148,420.02
150,000.00
Total .•••• ·-···-··-
May•.•.• -~~···--·····-
150,000.00
• 240,016.61
150,000.00 ----·-·-·-------··-1=======1=======
I======
150,000.00
1,062.92
Total, second q uar1,062.92 ___ -·- --· -····- _. ___
(•)
ter · -· - •· · -_. ·-· ·Grand totaL.·--·- l===2,=0=06=,=800=.=oo=F===1=50=,=oo=o=.=o=o'F===(•=)===
150,000.00
150,000.00
See footnotes at end of table.
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68
REPORT OF RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursements, repayments and other reductions, and amounts outstanding from Feb. 2, 1932, to June 30, 1938, inclusive,
by classes and months 1-.continued
TABLE
TOTAL, ACT APPROVED MAY 20, 1936
[Loan to the Rural Electrification Administration]
Amount of authorizations 2
Year and month
Amount of disbursements
Amount of repayments and other
reductions
Amount outstanding at end
of period
1936
October__________________
$1,000,000.00
$100,000.00 --------------------
$100,000.00
1,000,0CO.OO
100,000.00 --------------------
100,000.00
,--------1---------1---------11-------
Total______________
l========l,=======,I==== ====•======
February________________ ____________________
298, ooo. oo ____________________
398,000.00
March___________________ ____________________
200,000.00 -------------------598,0CO.OO
April..___________________
15,000,000.00
402,000.00 -------------------1,000,0CO.OO
1937
May_____________________ ________ __ __ ____ ___ _
looe_ ____________________
30,500,000.00
luly _____________________ -------------------·
August.__________________ ____________________
September_______________ ____________________
October__________________ ________ ___________ _
November___________________________________
December____________________________________
Total______________
1,400,000. CO
1,600, ooo. 00
000, oco. 00
1,050, ooo. 00
2,475,000.00
3,275,000. CO
5,150,000.00
4,750,000.00
__ ------------------------------------$2,425.46
____________________
____________________
____________________
____________________
____________________
2,400,000.00
4,000,000.00
4,897,574.51
5,947,574.51
8,422,574.51
11,697,574.54
16,847,574.51
21,597,574.51
l--------~-------•f---------1-----45,500,000.00
21,500,000.00
2,425.46
21,597,574.51
i========l========I:=========
1938
26,054,574.51
- ---------- -- ---29, 504,574.51
----- ------------31,754,574.51
-- -------·- ---,--------e-------+--------il------4,457,000.00 -- 3,450,000. 00 - 2, 250, oco. 00 - ---
January .---------------- -------------------{:;~ary__ -------------- --------------- ----Total, first quarter_ --------------------
10, 157,000.00
'======,==
trat::::::::::::::::::::
:::::::: :: ::_
Jone _____________________ ::::::::
___________________
2, 000, 000. 00
1, 400, 000. 00
11,343,000. 00
--------------------
-----.. -- ---------- --
1--------f--------·1-
Total,
second quarter __________________________________
_
Grand tots). ______ _
46, 500, 000. 00
31,754,574.51
33, 754,574.51
35, 154,574.51
46,497,574.5'
(&)
14, 743, 000. 00
(&)
46,497,574. 51
46, 500, coo. 00
1
46,497,574.51
2,42.'i. 46
I Figures by months for 1932, 1933, 1934, and 1935 are shown for all classes In table 6 of the report for lbe
fourth quarter of 1037. Certain monthly fl!(llres for 1934 an.l 1935 ii.ave been revised since the report for
the fourth quarter of 1937. These revised figures are shown below.
Total,
a,c. 38, title II, of the EmngfflCU Farm J.frrrtgage Act of 19$$, a, «mended
[Drainage, levee, Irrigation, and similar districts, etc.]
Amount
authorited
1934:
i~°yuary:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: ~; ~i: ~~- 'fr
1935:May _______________________________________________________________________ _
t ~~:ber::::: :: : : : :::::: : : : : : : : : :: : : ::: : : : : : : : : : : : : : :::: : : : : : ::::: : ::: : : ::
1, 656, 584. 51
408,747.98
641,956.80
These figures have been !ldjusted on account of rescissions.
Revised.
• Includes $193,618,000 representing refinancing of loans previously made by the Corporation to Federal
land banks for different individual amounts, but In the same aggregate amoun11.
• Of this amount, $282,825,766.70 represents cancelatlon of the Corporation's notes, pnrsoant to the provisions of the act approved February 24, 1938, equivalent to the balance of the amounts disbursed for reliel
and work relief under title I of the Emergency Relief and Construction Act of 1932, as amended.
1 Exclusive of repayments unallocated, pending advices, as of June 30, 1938.
7 Includes authorizations of $1,604,712,664.99 to the Commodity Credit Corporation, of which $767,71G,1112-21 was disbursed and repaid.
1 Represents cancelatlon of the Corporation's notes, pursuant to the provisions of the act approved
Feb. 24, 1938, equivalent to the balance or the amounts disbursed_
I
1
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7.-LoanB to aid in the reorqanittation or liquidation of cloBed bankB and truat companieB from Feb. !!!, 193!!!, to June 30, 1938, incluBiue,
by States (includes loans to recewerB, liquidating agents, and conseruators, and loans through mortgage loan companieB to aid in the reorganization or liquidation of closed banks, under sec. 5 of the Reconstruction Fin-snce 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)
TABLE
~
lc':l
BANKS AND TRUST COMPANIES
"ti
0
Stste
Amount
authorized
National 1
Amount
withdrawn
or canoeled
Amount
withdrawn
or canoeled
Amount
disbursed
247,500.00
8,487,618.44
3, 366, 681. 44
71,500.00
3, 331, 000. 00
$2, 703, 267. 89
117.198. 27
3, 636, 852. 33
293,443.00
2,951.70
675,234.48
$2,404,544.57
130. 301. 73
4, 850, 766. 11
3, 073, 237. 54
68,548.30
2, 655, 765. 52
4,957,072.27
4, 662, 195. 48
3, 024, 308. 48
2, 056, 933. 06
I, 932, 763. 79
2, 605, 262. 42
30, 008, 964. 86
6,214,975.85
7, 430, 700. 00
I , 411,000.00
I, 231,788.82
47,550, 166. 10
31, R58, 776. 50
I0. 269, 024. 00
25,468, 148. 32
61,699,373.44
3,130. 100. 00
4, 61~, 559. 94
9, 643, 227. 37
674,000.00
2..532, 978. 69
1, 977, 364. 19
.. ... ...•.......................
500,000.00
6,675,279.15
16,985,141.76
9, 234, 000. 00
25,800.00
39,200.00
413,473.54
6,219,285. 78
36,897,505.29
17, 002, 369. 54
1, 700,192. II
5, 159,707.89
8,081,751.48
919, 748.12
I, 669,516.56
52,079.30
3,274,229.27
10, 733, Q:!4, 80 21i4, 630, 59~. 90
10,976,015.42
2, 480, 045. 34
1,098, 168. 76
539,242.84
395,877.53
11, 070, 156. 94
3,374,615.84
I, 666. 286. 22
2,561,473.52
21,062,578. 77
2,370, 467. 20
956,326.95
2,018,844.67
76,386.34
815,844. 20
431,355.94
39,597.69
5, 164, 574. 59
34,996.50
7, 168,496. 15
4,619,964.84
12,247.68
57, 137,643.49
19, 032, 949. 44
3, 564, 930. 51
6, 332, 53 I. 24
871,757.16
835, 91 I. 29
36,480,009. 16
28, 484, 160. 66
8,582, 737. 78
22,871,674.80
39, 042, 589. 2!)
759,632.80
3, 662, 232. 99
7,574,280.51
571,079.23
I, 717, 134. 49
1, 546, 008. 25
460,402.31
4, 069, 425. 41
378,477. 04
9, 893, 873. 39
3,461,786.64
39, Sal. 62
175,832,348. 47
.'-mount
disbursed
Amount
authori,ed
~
Total
All others
Amount
authorized
Amount
withdrawn
or canceled
Amount
disbursed
0
"'.l
~
0
Alabama ..•....•.....•••••..
Ari zona .. . .... . .............
0
cg:
;;a·
(1)
Q_
~
CJ
0
~
~
$1, 173, 300. 00
217,000.00
I, 785, 200. 00
Arkansas ..•....••.•...•.••..
California .•••• . •.... ........ 13, 948, 484. 71
I, 867,950.20
Colorado....•. •......... ....
Connecticut ...•.. . .. ........ ---------------District of Columbia ........ 16,300,241.35
I, 866, 300. 00
Florida . •..•.•..•••..••..••..
513,800.00
Georgia .. ...•••.....••.. ....
3, 628, 400. 00
Idaho . ....•..•......•..... ..
Illinois... . .........•.••..... 37,756,212.96
Indiana .....••..........••.. 21,155,926.87
Iowa........ . ...•...••..... . 11 ,401,002. 20
2, 285, 700. 00
Kansas ..•...............•••.
8,956,572.41
Kentucky...............•..
336,300. 00
Louisiana. _........... ...•..
Maine .............. ......... 11, 778, 200. 00
3, 499, 036. 28
Maryland ...• .••.......•••. .
Massachusetts ............. _ 9, 375, 700. 00
Michigan ._ .••..•.......•... 259, 846, 043. 68
2,638, 747. 13
Minnesota . . •.. ••••.... .•.. .
2. 002. 400. 00
~=~f_l'.i_-.-::::::::::::::::
7,971,500.00
465,200.00
Montana •..•.. •••...•••.•••.
I, 518, 126. 58
Nebraska .....•..•....••.. . .
Nevada .... . ....••....•...•.
905, 000. 00
New Hampshire .•.. ....••.. •.............. .
New Jersey.. ........... .... 23,729,489.91
New Mexico . ...............
65,000.00
New York. . ................ 44,233,093.35
North Carolina.............
6,949,000.00
North Dakota..... ..........
2,589,264.68
Ohio........................ 14,387, 664. 07
See footnote at end of table.
$382, 402. 20
67,600.00
325,401.29
2, 842, 593. 37
439,019.63
$700, 897. 80
149,400.00
I, 428, 948. 71
11 ,093,801.62
1, 428, 930. 57
------------------------------2, 129, 748. 39
13,516,217.96
720,503.82
204,631.45
364,206.73
9, 167,899.69
4, 658, 848. 60
2, 322, 863. 26
655,044.60
2, 04 7, 668. 86
231,300.00
787,435.32
578. 075. 59
2,401,237.02
45, 640, 222. 20
561,592.52
599, 6,5. r.o
2,307,758.68
126,200.00
376,603.00
80, 000. 00
1, 145, 796. 18
309,168. 55
3, 264, I 93. 27
28,392, 413.27
16, 378, 978. 27
9, 056, 438. 94
1, 630, 655. 40
6,473,903. 55
105,000.00
10, 990, 764. 68
2, 855, 560. 69
6,974,162.98
213,616,943.39
2,067,054.61
2, 302, 725. 00
5, 654,74 1.32
337, .'\00. 00
I, 141,523.58
695, 800. 00
$5, I 07, 812. 46
$6,281,112.46
464. 500. 00
10, 272, 818. 44
17,315, 166.1 5
I, 939, 450. 20
3,331,000.00
16,300,241.35
6, 823, 372. 27
5, 175, 995. 48
3, 628, 400. 00
67, 765,177.82
27, 370, 002. 72
18, 831,702.20
3, 696, 700. 00
10, 188,361.23
47,886,466. 10
43, 636, 976. 50
13, 768, 060. 28
34, 843. 818. 32
321,545,417.12
5,768.847. 13
7, 520, 959. 94
17,614,727.37
1, 139, 200. 00
4,051 ,105.27
2, 882, 364. 19
500,000.00
32, 963, 489. 91
478,473.54
61,295,462.89
15,03 1,651.48
2,64 1,343.98
269,018,256.57
$3, 085, 670. 09
184,798.27
3, 962, 253. 62
3,136,037.27
441 , 971.33
675,234.48
2, I 29, 748. 39
3,744,812.30
2,261,564.51
364,206.73
20, 143, 915. 11
7, 138, 893. 94
3,421,032.02
I, 194,287.44
2, 443, 546. 39
II , 301,456.94
4,162,051.16
2, 2fl4.3~1.81
4, 962, 710. 54
66, 702, 800. 97
2,932,059. 72
1,556,001.95
4, 326, 603. 35
202,586.34
1,192,447. 20
511,355.94
39,597.69
11,839,853. 74
60,796.50
13,387,78 1.93
6,410,156.95
931,995.80
60,411,872. 76
$3, 195,442. 37
279, 701. 73
6, 279, 714. 82
14, I 67, 039. 16
1,497,478.87
2, 655, 765. 52
13,5 16,217.96
3, 078, 559. 97
2,914, 430. 97
3,264,193.27
47,425,362. 71
19, 943, 908. 78
15,388,970. 18
2,502,412.56
7,309,814.84
36,585,009. 16
39,474,925.34
11,438, :98. 47
29,846, 137. 78
252, 659, 532. 68
2, 826,687. 41
5,964,957.99
13, 229, 021. 83
908,579.23
2, 858, 658. 07
2,241,808.25
460,402.31
21,054,567. 17
417. 677. 04
46,791, 378.68
8,621,494.53
1, 709, 348. 18
186, 565, 383. 27
~
00
1-3
~
c:::
0
1-3
....
0
z
~
z
z>
a
t,:j
0
0
~
"ti
0
~
....~
0
z
~
co
7.-Loan8 to aid in the reorganization or liquidation of closed banks and trust companies from Feb. 2, 1932, to June 30, 1938, inclusive,
b/1 State8 (includes loan8 to receiver8, liquidating agents, and conservators, and loans through mortgage loan companies to aid in the reorganization or liquidation of closed banks, under sec. 5 of the Reconstruction Finance Corporation Act, as amended; and loans on the assets of closed
banks and trust companies under sec. 5e of the Reconstruction Finance Corporation Act, as amended)-Continued
TABLE
BANKS AND TRUST COMPANIES-Continued
~
0
;
0
National
State
Amount
authorized
Oklahoma ___________________
Oregon ______________________
Pennsylvania _______________
Rhode Island. ______________
South Carolina ______________
South Dakota ______________
i:~:.ise_s~ee___________________
Utah ________________________
0
cg:N.
(1)
Q_
~i~ii~~:: __________________
Washington _________________
West Virginia_______________
Wisconsin ___________________
Wyoming ___________________
Puerto Rico _________________
Amount
withdrawn
or canceled
Amount
disbursed
0
~
~
Amount
withdrawn
or canceled
Amount
disbursed
Amount
authorized
Amount
withdrawn
or canceled
Amount
disbursed
0
"".l
~
t,:J
0
$2, 261, 303. 15
3, 237, 800. 00
81, 909, 084. 97
$992, 548. 39
391,767.84
21, 182, 044. 60
$1, 268, 754. 76
2, 782, 132.16
59, 413, 040. 37
6,651,680. 14
1, 295, 184. 30
16, 761, 143. 68
5, 966, 434. 14
39,500.00
I, 349, 800. 00
2, 199, 700. 00
9, 255, 369. 82
8, 507, 884. 16
7, 101,721.08
I, 480,048. 19
272,670.62
971,879. 72
l, Oil, 946. 55
4,500.00
284,800.71
412,334.96
l, 061, 411. 79
l, 216, 693. 37
1, 636, 766. 26
5,171,631.95
l, 018, 563. 68
15, 703, 663. 96
4, 954, 487. 59
35,000.00
1, 064. 999. 29
1, 787, 365. 04
8, 193, 958. 03
6, 964, 990. 79
5, 408, 954. 82
---------------- ---------------- ------------------------------- ---------------- ----------------
Total._--------------· 662, 683,361.82
129,842,478.65
627, 053, 469. 08
~
CJ
Amount
authorized
~
Total
All others
1
$769, 918. 00
733,920. 2.5
48,303,479.65
l, 373, 413. 40
2, 264, 763. 16
1, 249, 548. 26
1, 492, 875. 64
6,933,607.27
4, 388, 776. 52
$438, 320. 34
235,022.55
24, 239, 936. 17
255,283.36
263,153.31
790,173.34
539, 733. 70
803,137.19
2, 391,-822. 86
$331,597.66
498,897. 70
24, 063, 543. 48
l, 118, 130. 04
2, 001, 609. 85
407,323.67
953,141.94
6, mo, 470. os
1, 996, 953. 66
5, 320, 500. 00
11,314,516.19
4, 717, 256. 00
6, 632, 006. 05
185,500.00
l, 485, 000. 00
911,883.25
1, 653, 154. 05
2,048,867.28
4, 618, 539. 98
185,500.00
4,408,616. 75
9, 628, 738. 14
2, 668, 388. 72
2, 013, 466. 07
187,975,924.91
450,007,832.22
663, 089, 874. 02
------------------------------- ----------------
$3,031,221.15
3, 971, 720. 25
130, 212, 564. 62
1, 373, 413. 40
8,916,443. 302, 544, 732. 56
18, 2.'>4, 019. 32
12,900,041.41
4, 428, 276. 52
1, 349, 800. 00
7, 520, 200. 00
20, 569, 886. 01
13,225, 140. 16
13, 733, 727. 13
185,500.00
l, 485, 000. 00
l, 325, 673, 236. 74
$1, 430, 868. 73
626,790.39
45, 421, 980. 77
255,283.36
l, 743, 201. 50
1, 062, 843. 96
1, 511, 613. 42
1,815, 1»13. 74
2, 396, 322. 86
284,800.71
1, 324, 218. 21
2,714,565.84
3, 265, 560. 65
6, 255, 306. 24
185,500.00
$1, 600, 352. 42
3, 281, 029. 86
83, 476, 583. 85
I, 118, 130. 04
7, 173, 241. 80
l, 425, 887. 35
16,656,805.90
11,084,957.67
2, 031, 953. 66
l, 064, 999. 29
6, 195, 981. 79
17,822,696.17
9, 633, 379. 51
7,422,420. 89
317, 818, 403. 56
977, 061, 301. 30
------------------------------- ----------------
0
z
rn
,,3
~
c:1
a
El
0
z
"".l
z>
z
0
t,:J
0
1 Includes
District of Columbia banks and trust companies.
g
"C
g
....~
0
z
REPORT OF RECON8Tlfff"fION FINAXCI<J CORPORATION
71
8.-Loans on and purchases of preferred stock, and purchases of capital
notes or debentures, of banks and trust companies, disbursed from Alar. 9, 1933,
to June 30, 1938, inclusive; and outstanding as of June 30, 1938 (under sec. 304,
title Ill, of the act approved Mar. 9, 1933, as amended)
TABLE
BA!\"KS AND TRUST COMP.~!\"IES
TOTAL
Disbursed
State
Number of
hanks and
trust C"Onl•
panies 1
Alabama __________________________________ _
Ari10na .. ___________________________ - _- ___ _
Arkansas _________________________ -- -- -· __ . _
California .. ______________________ . ___ --- _. _
Colorado. ______________ . _________________ ..
Connecticut __________________________ . --- -Delaware .. ________ .. ______________ --- _. __ .
District of Columbia. _____________________ _
Florida ______________ --- -- -- --- -- --- -- -- -- -Georgia ________________________ ._---- -- -- -Idaho _____________________________________ _
lllinois ____________________________________ _
Indiana ________________ . __ . ______________ . Iowa ______________________________________ _
Kansas ___________________ . ___ . ____________ _
t~~~~~r::::::::::::::::::::::::::::::::::
Maine. ___________ .------------------------
Maryland _________________________________ _
Massachusetts _____________ ---------------Michigan. __________ ------------- ---------Minnesota ________________________ . ______ ._
1
:::::::::::::::::::::::::::::::::
Montana _______________ ---- -- -- --- -- --- -- -Nebraska. ___________________ -- -----------1\evada
.. _________________________________
--------- ---- ----- -- ---- ..
·Kew Hampshire
~l:~~~f~
t:: ~ei'i~:::::::::::::::::::::::::::::::
New York. ______________________________ -North Carolina __________________ --------- North Dakota _________________ --- --- - --- -Ohio ______________________________________ _
Oklahoma_________________________________ _
Oregon ______________________________ .-----.
It~~s,n:1~~t:::::::::::::::::::::::::::::
South Carolina ____________________________ _
South Dakota
________ ----------------------_
Tennessee
_________________________________
Texas _____________________________________ _
Utah. _____________________________________ _
It:~::::= :: ::=:::=:===::::::::
Total_. _____________________________ _
I
6,087
1. 074. 984,936. 56
56
39
11
7
40
86
24
222
281
139
198
112
111
31
65
67
183
258
148
220
57
148
4
9
206
19
4i6
133
129
388
46
53
286
4
35
119
121
403
41
55
132
94
g1
403
23
I
3
6,089
Numberol
hanks and
trust com-
panies
8.5.1, 575. 00
430. 000. 00
419. 000. 00
502. 42S. 00
4, 89:l, 5(XJ. 00
7. 192. 121i. 00
567, :!00. 00
2, 900. 000. 00
2. 176, 200. 00
4. H:l!i, !ilX) 00
2, 130_ mo. oo
91, 2:11, 114. 17
16. 771, 250. 00
1O. 24R. IX)(). 00
5, 272, 75U. 00
8. 879, 850, 00
15, 547, 1100. 00
9. 12,,, 5'.Xl. 00
9, 078, 170. 00
16. 674. 200. 00
40,624, (if,l, 00
17. 372. 025. 00
14. 313. 150. 00
20,801, 125. 00
4, mo. soo. oo
8, 525. 050 00
205.IXIO. 00
751, 1\.1:i. 00
78,
Olli. 07
715. 000. 00
315,814, OX9. 16
7,488, 5[](). 00
4,014, 5f)(), ()(}
93, 322, 237. 00
10, 934, 000. 00
l,9.'iO.(M)().00
45, 995. 096. 50
R9~, ,,00. 00
2,771. SfJO. 00
4,438. 100. 00
12, 5fi9, 050. lXJ
31,374.125. 00
3. 995, 000. 00
15. 795. 000. 00
10, 694, 650. 00
6, 064, 500. 00
6, 46 I. 066. 66
33. 347, HJO. ()()
1, ~67. -500, 00
17. 500. 00
1, 250, 000. 00
125,000.00
70
6
113
121
Subscriptions for preferred stock of:
Export-Import Bank of Washington. __
Second
Bank of Wash- _
ington,Export-Import
D. c ________________________
Grand total.. _____________________ _
Amount
Outstandlnir
$15.
2,
4.
48.
=•
Amount•
1
38
71
21
166
240
114
168
101
85
29
62
46
155
189
138
189
40
116
3
5
188
17
333
109
112
300
34
34
250
4
32
98
113
323
33
52
118
67
76
336
17
$9, 394, 731. 61
I. 246, 362. 39
3,536,867.39
24,441,547.82
2, ~19, 200. 00
6,~2. 001. 21
317. 300. 00
2, 207. 800. 00
1,486. 232. R2
3, 104, 496. 33
1, 698, 8SO. 00
35,128,204.22
11, 1S2, 715. 00
5, 957, 405. 00
3,871,086.39
6, 529, 545. 00
7, 7:13, 290. 00
6,433,671. 19
7,319, 102. /iO
9, 369. 618. 00
31,036, 119. 61
8. 557, 174. 06
7, 460, 357. 01
7,613,935.86
1, 500, 090. 00
3, 979. 206. 84
97,000.00
238. 635. 00
67,590.624. 06
~.350.00
65, 320. 270. 24
5, 639. 18K 69
2,514,975.00
57. 037, 892. 88
2, 690, 586. 00
1,017,250.00
36,825,719.47
701,650.00
2. 001, 750. 00
2, 993. 690. 72
10,809.275. 00
19, 855. 038. 57
2, 224, G61. 43
15, 266, 7i 5. 00
6. 989, 150. 00
2, 767, 190. 00
4. 012, 017. 87
24. 99~. 391. 17
l/09, 768. 56
1
4m,ooo. oo
121,500.00
4,947
543, 758, 318. 91
50
2
93
73
49
38
10
7
------------2
20, 000, 000. 00
20, 000, 000. 00
2, 500, 000. 00
------------ ------------------
1, 097, 484, 936. 56
4,948
563, 758, 318. 91
See footnotes at end of table.
Digitized by
Google
REPORT OF RECONSTRUCTION FINANCE CORPORATION
72
8.-Loans on and purchases of preferred stock, and purch<ues of capita!
notes or debentures, of banks and trust companies, disbursed from Mar. 9, 1933,
to June 30, 1938, inclusive: and outstanding as of June 30, 1938 (under sec. 304,
title III, of the act approved Mar. 9, 1933, as amended)-Continued
TABLE
ii-
NATIONAL I
Disbursed
Number of
banks and
trust com•
panies I
State
Alabama ____ ..•........ _...................
Arizona....................................
Arkansas...................................
California..................................
Colorado...................................
Connecticut.. ...... ···- ............. _......
Delaware .. ···-·····-··········-···········
District of Columbia.......................
Florida.....................................
Georgia ........ _..•.... _...................
Idaho......................................
Illinois.....................................
Indiana....................................
Iowa.......................................
Kansas ..... _... _....•......... _.. _.........
~~iw~~:-:::::::::::::::::::::::::::::::::
Maine .. _..................................
Maryland..................................
Massachusetts.............................
Mlchi~an. ···-···················-·········
tl~'l:'i~ic:::::::::::::::::::::::::::::::
t~~i:~·.::::::::::::::::::::::::::::::::::
Nebraska .. ······-·····-···-···············
Nevada....................................
New Hampshire...........................
New Jersey................................
~::
W:r~~~:::::::::::::::::::::::::::::::
North Carolina............................
North Dakota..............................
Ohio.......................................
Oklahoma.......•.....•.•......•..........•
Oregon...............•..........•.. _.......
Pennsylvania..............................
Rhode Island..............................
Son th Carolina.............................
South Dakota..............................
Tennessee..................................
Texas ..•.•..•...............••••.••.•...•..
Utah.......................................
VVel,rmglno,.nat...................................
....•••...•••••••••••••••••.••.•••.•
Washington................................
West Virginia..............................
Wisconsin..................................
Wyoming..................................
Alaska.....................................
Virgin Islands..............................
Total ••••.•.•••.•• _..................
26
3
24
62
33
16
4
2
13
18
9
130
51
47
46
~~
13
13
43
52
97
~
49
3
8
135
23~
18
31
83
40
20
200
3
6
27
Z1
147
8
396
28
36
fll
10
1
1
Amount
Outstanding
Number or
banks and
trust com•
panles •
Amount'
$5, 6M. 803. 03 ,
$10, ~96, 800. 00
1,540,000.00
1,570,000.00
19,899,925.00
4,143,500.00
3, 723, 426. 00
137,300.00
1, 100, 000. 00
1,330,000.00
1, 722, 500. 00
1,090,000.00
83,860,114.17
7, 188,500.00
6,447,500.00
2, 282, 500. 00
14
1,221. !00.1))
1,196,600.00 ~
13,816,072.82 :,
2,:lZJ,700.00
3, 23~ 592 fll
130,300.00
939, 1(11. 00 ,
796.700.00
1,037,375 00
105
:17
36
39
30,724,87922
3, 362.165.00
3,004,351.00 -J
J, 631. 400. 00 :o
!:!~;ggg:g<J
2,610,000.00
11
1,39Z!ila00
Z084, i40.00 "'5,673.imOO »
61
15, !6!.00S.
"-·
2,728,170.00
10,723,200.00
20,400,160.00
13. 511. 525. oo
~ l:t m:;
5,834,950.00
175,000.00
651,635.00
29,449,435.82
:J::
1 905 000 00
121, ~:
12
1
16
38
29
15
4
2
12
s
916,o;o.oo ~
~
~i~i~~
JI
3J
.f3
~i
~fJJ~:JI ;:
'i:
2,~::
2,s~g~:
11
•~
';.
• ~
\'1\1,.i:,.\l\
'll>,\'!;1,\l!l.'ll>
.L-""~
11M
~6
• ~i,;\\11
2: 410: 500: 00
~
l,l\lll,i.<1-\11
35,500,737.00
•
:1J.16D.fllj-:
10,874,000.00
::ZS
2,6.Jl,M.l)J
890, 000. 00
7
16J. ,W.
20,678,736.50
171
3
648,500.00
oo
1, 505, 000. 00
21
2, 954, 100. 00
...
~
8,062,500. oo
21
~6!9,:- 0017
23,621,625.00
121
H,i~siits
1,325,000.00
~.IJll.ilt
4
560,000.00
""'
I Sil,8~.00
3,917,400.00
..,,
i' 84 z6i,.oo
2,740,000.00
16
,723. 34217
1•, ,;gl.17
3,445,066.66
=f1
11 889
15,395,100.00
..,5
330,650-00
6
702,500.00
37,500.00 .•••.•.• - - .. -·-···-121
1
125, 000. 00
!~::::
J
;, :: :
i
;j.·oo
619,335,136.98
2(3,25,1, ~
1, 5111
1
Bee footnotes at end of table.
., .oo
339 50
~ m,,\\\\
l-----e-------1-----1_:....2,034
L
REPORT OF RECO'.\'STHC<'TIO'.\' FI11.A'.\'CE COHPORATION
73
8.-Loan11 on and purchase~ of preferred stock, and purchases of capital
notes or debentures, of banl.11 and trust companies, disb11rsed from Mar. 9, 1933,
to June 30, 1/J38, inclusir,e; and outstanding as of June 30, 1938 (under sec. 304,
title Ill, of the act approved Mar. 9, 1933, as amended)-Continucd
TABLE
STATII ME>IBERS I
Dlsbursed
State
Alabama___________________________________
.••...•••••••••••••••••••.•..••.••._
Arizona
Arkansas __________________________________ _
California ........••••........•.•.•.•.......
Colorado ..........•••..•.•••..••.••....••.
District or Columbia...................... .
Florida ...••...••.•••.•...•.•••.......•••..
0eor~ia .••...••••••••.•..••.•...•••••..••••
Idaho ....•.•.•..•.••.••.•.••..•••••.•.•••..
Illinois..•••..•.••••••••.•..••.•.•.•...•...•
Indiana •••.•...••••••••••.•.•...•.•••...•..
Iowa ...••••••.....•••...•.•...•.•••.•••••..
Kans•L ••••••..•••••.•.•.•.•.....•...•••..
Kentucky ..•...•..•••••••.••••.••.•...•.••.
Uluisiana ________________ -- ..• - • -- -- - • - - - - -
Maine ...••..•..•.•••....••.••.••.••.••••..
Maryland ......•..•••••.....••.•..•••••.••.
Massachusetts ...•.••..••••..•.••......••..
g11~;~~
8
: : : : : : : : : : : :: :::::: :: : : : : : : :: : : ::
Montana ••••••..••.....•.••.....••...••....
Nebraska ...••..•.•.••...•.•.....•••••.••••
~:: ~~S:i~o ..•.•...•..•.••................
New York ...•.•••••.•.••••••••••••••.••...
~~~h. Carolina •.•••.•.•.••....••...••••...
Oklahoma ••.•••••••••••••••••.•••••••.•••.
Oregon .......•..••••.•.•...•.•.••.•...•....
Pennsylvania...••••••.•••.•.•.••....•.....
South Dakota..•••••••.•••.•.•.••.....•....
Tennessee ...••••••••••••••.•......••.••....
Te,as •••.•.•.••••••• _•.•.•.•. _________ ••.•.
r~~--------------------------TotaJ_ •••..•••••••••••••••.•.•• __ ••••
~umrn,rof
banks and
trust companies 1
4
1
5
5
2
1
2
Amount
$3, r,()2, 100. 00
8lU, ()("J. 00
,W,000.00
15, 500, ("Kl. 00
2115,lJ(X).00
1, IMMI, 000. 00
27.1, 000. 00
22
13
4
16
5
15
3
1, lfiO, 000. 00
810,000.00
2, ;,10, 000. 00
1, &;,\ <XIU. IX)
1, 170, (K)(J. 00
192, [,00. 00
2, 2,5, 000. 00
2, 8()0, 000. 00
2, 150, ()(MJ. 00
2, 311U. 000. ()()
3, 371\, 000. ()()
13, 0:,3, 921. 0()
6.l. 000. ()(I
8, 36.1, 000. 00
1,607, .100. ()()
171, ,00.00
25, 844, 405. 25
47,500.00
141,114,233.33
1, 7(1U, 000. 00
38, 362, ,\00. ()()
10,000.00
65,000.00
10, 0.16, 360. 00
155,000.00
225,000.00
670,000.00
1, fi20, 000. 00
2,275,000.00
2,010,000.00
655,000.00
3,012, fi()(J. 00
80,000.00
432
294, 084, 219. 58
7
4
16
10
5
7
5
5
2
4
8
40
4
26
8
4
2IJ
3
79
3
39
1
3
16
4
2
Outstandini:
l\"umber of
banks and
trust compenles I
Amount•
4
$2,891,827.42
3
2
2
17
11
2
5
4
11
2
1, 800. 000. 00
201,000.00
500,000.00
19:i, 709. 75
5,0, 500. 00
586. 500. 00
I, 840, 925. 00
1, 51.1. 050. 00
942, 2.50. 00
IOl, 000. 00
1, 350, 000. 00
1,622, 125. 00
870,000.00
1, 909, 750. 00
1, 485, 800. 00
9,977,321.00
18,700.00
2, 093, 700. 00
596,250.00
82,693.23
20, 218, 024. 79
41,500.00
26, 224, 208. 33
1, 57.1, 000. 00
22, 822, 350. 00
6,000.00
37,750.00
8,549,417.92
143,500.00
210,000.00
367,050.00
878,650.00
1, 771, 980. 00
240,400.00
342,500.00
2,361, 300. 00
47,418.56
317
117, 578, 451. 00
------------5 -----------------587,300.00
1
2
5
3
12
9
5
4
4
4
2
4
4
34
1
19
5
3
26
3
46
3
27
1
3
15
4
See footnotes at end of table.
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74
REPORT OF RECONSTRUCTION FINANCE CORPORATION
8.-Loans on and purchases of preferred stock, and purchases of capital
notes or debentures, of banks and trust companies, disbursed from Mar. 9, 19SS,
to June 30, 1938, inclusive; and outstanding as of June 30, 1938 (under sec. S04,
title III, of the act approved Mar. 9, 1933, as amended)-Continued
TABLE
NONllEMBIIR I
Disbursed
State
Alabama __________________________________ _
Arizona ___________________________________ _
Arkansas __________________________________ _
California _________________________________ _
Colorado. ______________________ -- _- ----- --Connecticut _______________________________ _
Delaware _________________________________ _
District of Columbia______________________ _
Florida ___________________________________ _
Georgia ___________________________________ _
Idaho _____________________________________ _
Illinois ____________________________________ _
Indiana. __________________________________ Iowa______________________________________ _
Kansas ____________________________________ _
'Ei,~i~~~~L::::::::::::::::::::::::::::::::
Maine.-----------------------------------Maryland _________________________________ _
Massachusetts ____________________________ _
Michigan _________________________________ _
fil~!;~~i~~:::::::::::::::::::::::::::::::
Montana __________________________________ _
Nebraska _________________________________ _
Nevada __________________________ -- -- -- --- -
~::
New re~r~'.~~:::::::::::::::::::::::::::
Mexico ______________________________ _
New
NorthYork.-------------------------------Carolina. __________________________ _
North
Dakota __ ---------------------------_
Ohio ______________________________________
Oklahoma ________________________________ _
Oregon ________________________________ - _-- _
Pennsylvania _____________________________ _
Rhode Island _____________________________ _
South Carolina____________________________ _
South Dakota_____________________________ _
Tennessee ______________________________ -- -_
Texas. ____________________________________ _
Ut.ah _______________ -- -- __ -- -- -- --- -- - -- -- --
~r;~gi~~----------------------------------Washington _______________________________ _
~:O~!ff~'.~::::::::::::::::::::::::::::::
Wyomilll!---------------------------------Puerto Rico ________ -----------------------Total- _________ -· ___________________ _
Number of
banks and
trust companies •
Number of
banks and
Amount
trust com-
234
20
46
92
55
50
331
10
3
3,621
261, .565, 580. 00
220
87
145
78
91
16
48
16
91
157
133
164
29
95
1
1
42
10
158
112
98
266
5
30
70
1
29
88
92
3,623
Amount•
panies I
$1, 354, 675. 00
50,000.00
2, 119, 000. 00
13, 102, 500. 00
545,000.00
3, 468, 700. 00
430,000.00
800,000.00
571,200.00
1, 953, 000. 00
230,000.00
4, 621, 000. 00
7, 697, i50. 00
2, 630, 500. 00
2, 797, i50. 00
3, 207, 500. 00
8,.347, 000. 00
4, 365, 500. 00
4, 050, 000. 00
2, 575, 000. 00
7,170,580.00
3,731,500.00
11, 660, 500. 00
3, 019, 000. 00
912, 000. 00
2,518,400.00
30,000.00
100, 000. 00
22,928,175.00
257,500.00
46, 733, 250. 00
3, 883, 500. 00
1, 604, 000. 00
19, 459, 000. 00
50,000.00
995,000.00
15, 260, 000. 00
250,000.00
I, 266, 800. 00
I, 329, 000. 00
4, 271, 550. 00
7, 082, 500. 00
I, 050, 000. 00
15, 23.5, 000. 00
4, 502, 250. 00
1, 314, 500. 00
2, 361, 000. 00
14, 939, 500. 00
585, 000- 00
1, 250, 000. 00
40
I
81
54
21
23
7
4
25
61
II
76
Subscriptions for preferred stock of:
Export-Import Bank of Washington __ _
Second
Bank of Wash- _
ington,Export-Import
D. C ________________________
Grand total_ ______________________ _
Outstanding
34
I
72
32
18
23
9
2
$848, 101. IG
24,992.38
I, 752, 987. 39
8, 825, 475. 00
497,500.00
2, 845, 468. 71
187,000.00
768,000.00
493,823.07
1, 496, 621. 33
196,300.00
2,562, too.00
6,275,500.00
2, 010, sos. 00
2, 135, 686. 39
2, 989, 595. 00
2,618,985.00
4, 170, 72G. 19
3, 324, 612. 50
2, 209,910.00
5, 894, 700. 00
2, HJ!!, 600. 90
5,407,018.00
3,196,380.86
441, too.DO
1, 079, 912. 61
2S, 000.00
100,000.00
22, 28.5, 559. 91
226,000.00
17,914,0j().00
3, 137, 338. 69
1,434,100.00
14,054,875.00
49,625.00
813,800.00
14, 291,292.88
218,750.00
671,000.00
829,985.43
3, 980, 175. 00
5, 101,987.80
421,000.00
14, 846, 775. 00
3, 645, 350. 00
684,165.00
I, 946,775.00
10,747,300.00
531,700.00
450,000.00
3,039
182,Dll,MUl
6
4
24
52
10
49
194
73
125
73
68
16
47
16
78
123
123
149
21
72
1
1
42
8
103
00
92
205
5
24
64
1
27
72
88
185
15
44
88
46
44
280
20, 000, 000. 00
20, 000, 000. 00
2, 500, 000. 00
------------ ----------------··
284, 065, 580. 00
3,040
202, 926, 646. 21
• After eliminating dupllcation.s. Such duplications arise In cases where the Corporation makes disbursements to a bank or trust company under more than one of the classifications under sec. 304, title III,
of the act approved Mar. 9, 1933, as amended.
• Amount outstanding Includes repaymenta unallocated, pending advices, as of June 30, 1938.
• Where changes in the status of banks have occurred between the date or authorization and June 30, 11138
(for example, where a bank has changed from nonmember to State member), such banks are distributed ID
the above table according to tbeir status on June 30, 1938.
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REPORT OF RECONS'.rRUCTION FINANCE CORPORATION
75
9.-Loan8 authorized (and commitments outstanding as of June 30, 1938)
business enterprises, from Feb. 2, 1932, to June 30, 1938, inclusive, by 8ize of
rABLE
to
loans
Includes loans and participations, and commitments outstanding, under sec. 5d ol the Reconstruction
Finance Corporation Act, as amended; loans to borrowers engaged in the fishing industry under sec. 5 or
the Reconstruction Finance Corporation Act. as amended; and loans to business enterprises through
banks and mortgare loan companies under sec. 5 ol the Reconstruction Finance Corporat'on Act, as
amended]
Number
of loans
Percent ol
total
5,000 and
under __
----_-·-------···------·-··-··.;,001
to $10,000,
inclusive
________________________
10.001 to $25,000, inclusive _______________________
25,001 to t50.000 inclusive _______________________
'IJ.001 to $100,000, inclusive ______________________
100,001 to $200.000, inclusive _____________________
200,001 to $500,000. inclusive _____________________
\00,001 to $1.000,000, inclusive ___________________
>ver $1,000,000 ___________________________________
1,401
30
18
31.8
14. 2
18.6
13. 7
10. 9
5. 8
3. 9
.7
.4
$.1, 148, 6R9. 25
5. 114. 7fi8. 53
15, 175. 746. 12
23, 972. 331. 27
37,525, 7i5, 47
38, 6il, 926, 82
56. f>l 7. >74. 21
22, 827. 500. 00
54, 997, 065. 02
21. 3
Total '- ______ - ------- _-- _____ - --- __________
4,407
100.0
258, 051, 056. 69
l00.0
Size of loans
1 The
624
821
603
482
25,5
li3
Amount authorizcd
Percent of
total
I. 2
2. 0
5. 9
9. 3
14. 5
15.0
21. 9
8.9
break-down by types or the above total amounts is as follows:
Numher
or loans
Amount authorized
Tnder sec. 5d ol the Reconstruction Finance Corporation Act, as amended:
4,176
$202, 978, .581. 69
Loans (and partieipations) __ -----------------------------------------Commitments outstanding as or June 30. 1938 _________________________ _
27
37,673,000.00
nder sec. 5 ol the Reconstruction Finance Corporation Act, a.s amended:
Loans to fishing industry ________ ---- __________ . ______________________ _
27
809, 700. 00
Loans to business enterprises through banks and mortgage loan companies ____________________ • ______________ •• ___ • _____________________ _
177
16,589,775.00
1-----14,407
258, 051, 056. 69
TotaL------------------------------------------------------------
10.-Number of business borrowers to which authorizations were made; and
amounts authorized, etc., from Feb. 2, 1932, to June 30, 1938, inclusive, by
industries
'ABLE
ncludes loans and participations, and commitments outstanding, under sec. 5d ol the Reconstruction
Finanoo Corporation Act, as amended; loans to borrowers engaged in the fishing industry under sec. 5
or the Reconstruction Finance Corporation Act, as amended; and loans to business enterprises through
banks and mortgage loan companies under sec. 5 of the Reconstruction Finance Corporation Act, as
amended]
Industry
[anulacturing:
Food and kindred products:
Dairy products _____________________
Meat and poultry packing _________
Canning, preserving, packing (fish,
fruit, vegetables) _________________
Bread and bakeries ________________
Flour milling _____________ _________
Confectionery ______________________
Animal feeds _______________________
Ice, cold storage, etc ________________
All other ___________________________
Total, food products _____________
Textiles and their products:
Cotton goods _______________________
Cotton small wares _________________
Woolen goods ______________________
Silk and rayon goods _______________
Knit goods, hosiery ________________
Dyeing and finishing _______________
Amount authorNumber ized (ineluciing Amount witholhorcommitments
drawn or
rowers 1 outstanding: as of
canceled
June 30, 1938)
Amount disbursed
43
67
$2,121,210.00
3, 297, 684. IJ4
$519, 400. 00
1,324,651.29
$815,310.00
1, 283, 853. 65
86
31
48
3,5
18
61
3, 328, 770. 16
95.1, 000. 00
1,481,450. UO
1, 893, 900. 00
1, 153,033. 33
488, 100. 00
2, 080, 850. 00
891,415.00
512, 1.50. 00
601,750.00
514,071.43
392,600.00
355,900.00
784,000.00
I, 655,861. 71
392,750.00
536, 9~5. 71
6 l 6, 000. 00
697,183.33
81,700.00
736,750.00
414
16,797,998.43
48
9,319,533.33
372,000.00
9, 017, 23.5. 72
6, 589 . .5tJO. 00
5, 040, 400. 00
7, 248, 350. 00
2.1
14
38
31
69
23
------5, 895, 937. 72
2,119,761.95
291,000.00
3, 203, 735. 71
1,961,000.00
I, 335, 536. 69
2,821,000.00
6,816,394. 40
5,167,476.93
76,000.00
5,574,500.00
4,150,507.50
2, 350, 700. 00
4, 305, 250. 00
See footnotes at end of table.
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76
REPORT OF RECONSTRUCTION FINANCE CORPORATION
10.-Number of business borrowers to which authorizatiom were made;
and amounts authorized, etc., from Feb. 2, 1932, to June SO, 1938, inclusive, by
industries-Continued
TABLE
Industry
Amount authorNumber ized (including Amount withdrawn or
of borcommitments
canceled
rowers 1 outstanding as or
J1me 30, 1938)
Amount disbursed
Manufacturing-Continued.
Textiles and their products-Con.
$725,000.00
$703,500.00
$1,897,650.00
38
Men's clothing and furnishings_____
316. 300. 00
231,175.00
672,975.00
39
Women's clothing and furnishings .
200,000.00
Zl, 500. 00
678,500.00
9
Upholstering material, draperies___
30,000.00
64,000. 00
234,900.00
12
Mattresses and bedding__ __ ________
09
__ x_t_1~l_e_p--ro--d-u_c_t_s__-_--_-_:_-::::: ---=3""!!=-l·--2_,_14...,~-•4_5_0_.00_1 ___99_4-',_9_16_._67_1 _ _ _96_7...c,_096_.
AlTIoottahle,rte
62='=83~0=.52
=====l,==4=3=,2=2=,4=9=4=.0=5=l,=13='=75=3=·=12=fi='·=02=!==23='=8=
Lumber and timber products:
lll
2,686, '514. 20
Lumber__________________ __ ________
13, 595, 200. 00
8, 042, 117. 20
106
Furniture---- ______ , ___________ ---6,174,600.00
2,067,073. 10
3, 432, 476. iO
36
708,050.00
931,659.00
I, 914,700.00
Wooden containers_________________
2,313, 103. 64
ll9
6, 426, 653. 81
2,917,349.65
Millwork, sash, doors, etc__________
540,700.00
349,200.00
98, 200.00
15
Cooperage, and cooperage stock____
26
563,000.00
459, 91fi. 67
1,124,996.67
Wooden turned products___________
12
157,000.00
153,000.00
All other___________________________
393,400.00
---Total, lumber and timber products ___ __ ____________ ___________ ===4=25=l,==30='=1=70=,=25=0=.4=8=l,==8=,8=4=3=,94=0.=94=II ==1=6,=0=34=,=71=0.=22
Paper and allied products:
106,249.98
118, 000.00
2,778,249.98
23
Containers (boxes, etc.)____________
All other ______________ . ______ - ________4_7_ ___18-',_0_37::.,.:..85_0_.oo_J-_2.:..,5'-1-'3'-,9_1_6._7-'7-J __.:..:7·-=5.:..91::.,03.:. :. :.:;·. :c:.21
1
287. 19
697.
7.
n
2,631,916.
20,8 16,099.98
70
Total, paper and allied products__
====l========l======= I=======
Printing and allied products:
860,310.00
486,880.00
1,734,300.00
85
Book and job printing_____________
98,200.00
938,500.00
1,068,200.00
15
Engraving, lithographing, etc_----_
_-_.00
69::.,_3_75_._00_ 1_-'-_1_98.:..:,_625
39_2-'-,o_oo_.0_0_ 1____
A~~!!~r~;i~-t~~~~~-~i;r~·;;~~~- _ _ _2s_ 1____
ucts _________________ -·· •• ______ ===12=5=l,==3=·=194==,=500==.OO==I ==I=,4=94===,7=55=·=00=il===l,=1=57=,=13=5.=00
Chemical and allied products:
Paints, varnishes, and allied prod770,071.01
202,328.99
1,123,500.00
21
ucts__ ___________________________ _
668,941.23
ll3, 558. 77
1,009,500.00
18
Fertilizers ______________ --·······--87,000.00
25,500.00
120,000.00
10
materials___
polishing
Cleaning and
All other _________________ • ____________4_6_ ___2..:.,_125-'-,6.:..1__0_.00_ _ _3'-5-'0,:...:588-=.:..·...csa..:... _ __:994.:..::.,8:.:77.:.;·. :c:.71
Total, chemical and allied products---------·----····-·-··--···
1
1
1
95
4,378,610.00
691,976.59
2,520,889.95
. o=o=l===7=3=5'=4=3=7.=5=0::cl====94=1=.7=12=·=50
Rubber products-totsL.----·····----- ::;;=-2=-l=l,==1='=70=5=,2=5=0=
Leather and its manufactures:
351,000.00
91, 000.00
470,500. 00
12
Tanning and finishing______________
Leather goods Ouggage, handbags,
440. 000. 00
391,000.00
844,000.00
11
etc.) __ -------------------·------·
1,034, 51\S. 00
1,377,431.94
2,571,500.00
Z1
Boots and shoes____________________
268-=.:..,5-1_5._32
29_1_,4_9_5._3_2_ __ _9--._7_50_._o_o-1 _ _ _
12 _ _ _
All other___________________________
1
1
2,094. 113.38
Total, leather manufactures ______ ===62=l,==4=,l=i=7=,4=9=5=.3=2=I I, 869,181.94
Stone, clay, and glass products:
775,800.67
1,333,191.00
2,195,325.00
45
Stone, granite, slate, etc____________
192,480.96
1,068,100.00
14
825. 619. 04
Band, gravel.______________________
2,063,506. 86
5,282, 571.51
68
2, 638. 832 40
Brick anrl tile. etc__________________
437,500.00
572,750.00
122, :!50. 00
12
Concrete products__________________
724,540.00
I, 358, 960. 00
2,148,500.00
16
Limestone products________________
296,620.48
1,705,000.00
1, 274,894.00
17
Glass products_____________________
949. AA!. 91
229,715.09
1,636,600.00
19
Pottery . --------------------------512,320. oo
1,644,300.00
24
456, 000.00
All other.__________________________
Total, stone, clay, and glass prod- - - - - l - - - ' - - - ' - - - - l - - - - ' - - - - I
ucts. _____ ________ ••• __ ••••• ____ ===2=15=l,==16=·=2=53=,=14=6=.5=1=J ,==5=,23=2,=4=8=4.=06=l==8=·=9=59=.63==1.=35
Iron, steel. and their products (excluding machinery):
Foundry products (castings, forg2,468,32'.l.O'J
1,246,077.98
5,231,050.00
55
ings, etc.)._____ ___ ___________ ____
Structural and ornamental iron
1,185,515. 00
2,104,335.00
3,724,600.00
51
_____________________
..
steel..
and
982,950. 00
689,300.00
I, 705,450.00
14
Pipe and fittings_______ _______ _____
2,044,477.84
744,922.16
4,258,900.00
28
Stoves, ranges, furnaces____________
917. 252. <r.
415,662.03
1,586,515.00
22
Hardware, plumbing and supplies_
, 2_t'-3_._34
' 2_99_,:__200_._oo_ __3__,..:.04_2.:...
All other __. ____ • ______________________29_ _ _4...c,_57_6_,9_8_3_,3_4_ __1.:...
1
1
1
Total, iron and steel and prod. 3=4=l==6=,4=99=•=4=111=·=1=7=l==10=•=&1=0=.80=1.=17
=,=49=8=
ucts. _______ . __ •• _________ •• ____ ===IOO=l==21=,=083
See footnotes at end of table.
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REPORT OF RECONSTRUCTION FINANCE CORPORATION
77
'ABLE-110.-Number of business borrowers to which authorizations were made;
and amounts authorized, etc., from Feb. 2, 1932, to June 30, 1938, inclusive, by
industries-Continued
Industry
Amount author•
Number ized (including Amount with•
of bor•
commitments
drawn or
rowers t outst»ndinK as of
canceled
June 30, 1938)
[anuracturlog-Continued.
Nonferrous metals and their products:
~!eta! alloys and products (brass,
38
bronze. etc.). .• ••••.•. .... .......
Metal stampings, stamped and
enamelware ___ ___________________
35
Electroplating, metal lamps and
fixtures, etc. _____________ . _______
9
32
All other ...••••••••••..•......•.•..
Total, nonferrous metals and
114
their products .. •... _......•.•..
Machinery (excluding transportation
equipment),
II
Agricultural implements ...... .... :
Electrical m achinery, apparatus,
40
and supplies ..•.•.... ···-·-····-46
General machinery and equipment.
29
Machine tools .. .•....•...... .......
Pumps and pumping equipment...
11
Household appliances ..........••..
10
Air conditioning equipment •.....••
II
All other .••••••.••.••......•.......
46
Total machinery ...••....•••••...
204
Trensportat ion equipment (automobile
acoessories, etc.)-totaL ••..•.••.•.•..
64
'bolesale and retail trade:
Wholesale trade:
Food products .•••..•••........••..
54
Hardware, paints, etc ... : .•••••••..
21
36
Petroleum products .. -·--·····-····
28
Grain and reed, fuel, ice, etc ...•••..
31
Building materials .•••........•....
All other •••.•••••••.•.•.•...•.••••.
37
Total, wholesale trade •.• - •••••••.
207
Retail trade:
Food products ... ....••.•.. ~ ••....
32
Hardware, paints, etc . •............
15
Department stores •••..••.•...•....
19
34
General stores ••••.... ········-···-_
Dru~ stores .. .•... _..... ·-- .... ··-15
Auto sales, service stations ... ····-59
Grain and feed. fuel, ice, etc ... ·- ...
47
20
Building materials.··········--·· ..
Furniture .•.•• •••••...... . . • .. _.. __
20
Aprn,rel stores . ••.••........••.•....
24
All other ..•••••••••.....•......••..
44
Total, retail trade .. ••.•..•• ____ ..
329
llother:
Minim?:I
Coal. ... _.• •• ••••••......••.•......
40
All other ..•••.•.••...•....•..••.•..
13
Total, mining ••••••••...•..••••..
53
Laundries, dry cleaning-total._ •...•..
64
Contracting. etc.-totaL_.•....•.•••....
58
Tobacco manufacturing-total. ...•...•
7
Fur manufacturing and processingtotal. .....•..•••••••..•.. ... ......••.
11
Grain elevators and storage-total.. .•..
14
Cotton wnrehousing, compressing,
etc.-total.. _• •••••.•.......•.• _...•..
9
4 75:l
Not classified-total.. •••••.. ....•..•.••
Grand total ..••••••••.•••..•••••••.•. ~868-
Amount dis•
bursed
$2, 129,000. 00
$707, 342. 00
$882, 658. 00
2, 793, 450. 00
945,839. 73
I , 755, 371.52
177. 250. 00
2, 296. 200. 00
92,450.00
931,972.32
74,800.00
I. 232, 500, 00
7. 395. 900. 00
2,677,604. 05
3,945,329. 52
920,000.00
765,025.00
154,975. 00
2, 562, 400. 00
2, 159, 200. 00
I, 141 ,500.00
693,000.00
2, 346. 250, 00
I, 384. 000. 00
4, 235. 973. 43
15. 447,323.43
I, 060, 400. 00
757,000.00
43fi, 398. 93
123,000.00
I, 170,000.00
745, 22.3. f,2
I, 709,059. 73
6. 765, 707. 28
I, 251,000. 00
959,490.34
541, IOI. 07
415. 000. 00
I. 116, 250.00
624, 776.18
t 2. JJ9, 074. 28
7, 181,667. 07
7,829.450. 00
1,713, 481.86
4, 107, 018. 14
2, 526, 100. 00
6. 461. 533. 29
333,778.51
144. 112. 82
343,500.00
134,332.09
278,479.00
303,300.00
1, 537. 502. 42
310,821. 4D
226, 187. 18
242. 600.00
431,993.29
392. 021. 00
293,200.00
1. 896, 822. 96
137,300.00
117. 650. 00
3,126,000.00
206,730.00
61,800.00
41.5, 7f,O. f,9
9:12, 015. 00
350,640.00
431 , 36~. 74
150, 080. 00
867. r,02. 86
6, 79~. 947. 29
40,150.00
60,500.00
86,000.00
36. 405. 00
29,500.00
IOI, 472. 49
180,200.00
81. 800. 00
193, 000.00
14. 200. 00
121. 000. 00
944. 287. 49
30. 950. 00
21,150.00
2, 505, 000. 00
68. 000. 00
13. 000. 00
163, 188.20
622,000.00
73. 500. 00
67. 100. 00
49. 530. 00
221. 302. 86
3, 835. 62 I. 06
7, 913,803. 93
3, 133. 500. 00
1 I. 047. 303. 93
1. 22,5, 270. ii
2,124,300.00
130.000. 00
3,374, 726. 22
I. 213,200.00
4,587.926. 22
170. 95f,, 47
3,259,127. 81
I. 715. 326. 95
4,974.454. 76
789. 369. 24
608. 800.00
797,900.00
810, 533.29
939. 000. 00
779,200.00
199. 500. 00
fi55. 'l0IJ 00
_____2!1)~'!::gfl:.E.
13,000.00
_043. 78
82. 000. 00
52,000.00
275,000.00
64.000. 00
81 :soo. oo
77, ()()0. 00
3, 963. .'\29. 75
112. 703. 151. 96
346. 550. 00
208.000. 00
36. 594." 3'.i"4 93
I, 221 , 5 14 . 89
258, 051, 056. 69
68. 556, 030. 61
1
~
Number or borrowers represents the number of applicants to whom loans have been authorized or
imm,tments made.
1 Revised.
" : Excludes mining loans authorized un<ler sec. 14 of the act approved June 19, 1934, as amended.
Includes 612 fruit growers located in certain areas in Washington.
·"
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78
REPORT OF RECONSTRUCTION FINANCE CORPORATION
TABLE
11.-Loans on self-liquidating projects, by types of project (from Feb. 2, 193$,
to June 30, 1938, inclusive)
[Under sec. 201 (a), title II, of the Emergency Relief and Construction Act of 1932, as amended]
BRIDGES
Number Number of Amount author•
of loans
ized
authorized borrowers
Amount with•
drawn or can•
celed
Amount disbursed
Public.•..•.•.•...•.....•
Private...•.....•••.•....
11
5
9
5
$99, 049, 579. 80
1, 729, 930. 78
$3, 029, 000. 00
415,000.00
$89, 654, 725. IH
1,314,930. 78
Total.. ...........•
16
14
100, 779, 510. 58
3, 444, 000. 00
90, 969, 655. 82
COLLEGE BUILDINGS
Public....•.•......•.••.. 1
~
9
91
I
$3. 031, 155. 71
I
$1. 708, 000. oo
$1,323,155.71
DOCKS AND TERMINALS
Public .••.•.•.•••...•••..
Private ••.•.•.......•.•..
2
3
2
3
$325, 000. 00
1,793,691.47
$50,000.00
1, 100, 000. 00
$275. 000. 00
693,691.47
Total.. ••••.•...•••
5
5
2, 118, 691. 47
1, 150, 000. 00
968,691.47
DRAINAGE AND IRRIGATION
"H
Public..•................
Private ••.••.•••..•......
Total.. ............
3
3
$10,089,000.00
1, 330, 000. 00
$2, 308, 400. 00
455,000.00
$7, 030. 600. 00
875,000.00
16
13
11,419,000.00
2, 763, 400. 00
7,905,600.00
HOUSING {LOW·COST)
Private.•.•...•.•. ··•••··
I
31
3/
$12. 187, 000. oo
I
$3. 973. 000. oo
I
$8, 214,000.00
MARKETS
Private ••.•.•••••.•.•.•.. 1
91
91
s2, 215, 915. as /
$1,441, 307. 571
$774, 607. 81
$1,764,694. 371
$22, 901, 270. 00
POWER
Public.••.•••.•••.•••••.. ,
51
51
$24,.665, 964. 371
PUBLIC AND SEMIPUBLIC BUILDINGS
Public•.....•.•...
·······I
61
61
$3. 906. 500. oo
I
$53, 000. oo
I
$3, !153, 5:JO. 00
I
$1. 097. 300. oo
I
$G37, 000. 00
SEWERS
Public..•...........•.... ,
12
i
12
I
$2, 034. 300. oo
WATERWORKS'
Public..•.•.•.•.....•....
Private.......•...•......
91
13
81
13
$227, 939, 859. 85
569,340.00
$9, 087, 374. QO
434,140.00
$160, 321, 485. 85
135,200.00
Total.. ••••.•.•....
104
94
228, 509, 199. 85
9, 521, 514. 00
160, 456, 685. 85
1
Includes water districts.
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79
REPORT OF RECO.XSTRUCTIO.X FI.XA.XCE COHPORATION
11.-Loan., on self-liquidating project&, by type& of project (from Feb. S, 1932,
to June 30, 1988, inclusive)-Continued
TABLE
ALL OTIIER
Number Number of Amount author•
of loans
ized
authorized borrowers
Amount with•
drawn or canceled
Amount disbursed
$4, 413, 222. 80
Public•••••••••••••••••.•
Private ••••••••••••••••..
6
6
1
1
$4,614.000. 00
4, 486, 250. 00
$200, 777. 20
4, 486, 250. 00
-------------------
Total. •••••.•.•.•..
6
6
9, 100, 250. 00
<l, 687, 027. 20
4, 413, 222. 80
$290, 709, 959. 40
GRAND TOTAL
- Public .••.•••••••••••••..
Private ...•••••.•.•.•....
154
37
139
37
$375. 655, 359. 73
24,312,127.63
$19. 298, 545. 57
12,304,697. 57
12, 007, 430. 06
Total ••.•••••••••••
191
176
399,967,487. 36
31,603, 243. 14
302, 717, 389. 46
12.-Number of borrowers and amounts of loans authorized under sec. 5 of
the Reconstruction Finance Corporation Act, as amended 1, from Feb. 2, 1932, to
_ June 30, 1938, inclusive, by size of cities or towns
· TABLE
BANKS AND TRUST COMPANIES
Borrowers
Population of cities or towns In which borrowers are
located
• Under 5,000 . .••••••.••..•••••••••.•..••••••••••••••••••
Number
5, 145
6,000 to 9,999.••••••••••••••••••••••••••••••••••••••••••
10,000 to 24,999 •• _ ·············-··· •••••••••••••••••••••
26,000 to 49,999 •• -·········-···· ••••••••••••••••••••••••
611,000 to 99,999•• ····-·-··············••·••·············
100,000 to 199,999•••••••••••••••••••••••••••••••••••••••
200,000 to 499,999 •••••••••••••••••••••••••••••••••••••••
600,000 to 999,999 •••••••••••••••••••••••••••••••••••••••
1,000,000 and over •••.••.•••••.••.••••...•..............
591
542
254
212
166
106
146
188
Total .•.•••••••••••.•••••.•.......•.••..•.. ···•·•
7,350
Authorizations
Percent
ol total
70.0
8.0
Amount
Percent
of total
13. 1
6.1
7.8
6.8
1. 4
2.0
2.5
$330,312, 509. 15
129,031,413.50
!Oti, 16-1, 053. 77
147, 193,115.41
287,930,340.35
227,313,845.90
252,750,811.17
481, 169,562.80
470,458,426. 51
11. 4
9.0
10. 0
19. 1
18. 7
100. 0
2, 522, 324, 078. 56
100.0
7. 4
3.5
2. 9
2. 3
TOTAL, SEC. 5 OF THE RECONSTRUCTION F!XANCE CORPORATION ACT, AS
AMEXDEDl
Under 5,000 ••••••••••••••••••••••••••••••••••••••••••••
6,000 to 9,999. ··-•·· ••••••••••••••••••••••••••••••••••••
riroo~J !9J•~r..................................... .
370
319
311
60 6
7. 8
8. 3
4. 7
4. 3
3. 2
4. 1
3. 5
3. 6
Total.-··· ••••••• ·-·· ••••••••••.•••.•••••••.•••••
9,012
100. 0
I0,000 to 24,999 •• _ ···------··---········ ••••••••••••••••
25,000 to 49,999 •• _ ••••••••••••••••••••••••••••••••••••••
60,000 to 99,999 •••••••••••••••••••••••••••••••••••••••••
::~ ~~ !~·=:::::::::::::::::::::::::::::::::::::::
0
5,460
702
74.5
427
391
287
$367, 100, 8 IR. 88
141. 762, 62,. 92
186, 033. 073. 52
35,, 563, 084. 84
291. 412,457.06
392,489,513.81
665, 992, 885. 5S
681, 15), 378. 85
11. 1
4. 3
7.0
6. 6
10. 8
8.8
11. 8
20. 1
20.5
3,314,773,891.32
100.0
230, 254. 0.53. 86
~~-Exclusive of The RFC Mortgage Co., railroads, regional agricultural credit corporations, Federal land
uuuks, and Federal Intermediate credit banks.
101508-38---6
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80
REPORT OF RECONSTRUCTION FINANCE CORPORATION
13.-Names and compensation of directors, ojficer8, and employees of the
Reconstruction Finance Corporation receiving from the Corporati-On m-0re than
$400 per month, as of June 30, 1938
TABLE
W ASHINOTON OFFICE
Name
Title
Jones, Jesse H ____ ----· __ --· __ --·--- ___ ---··. __ Chairman ___ -·-···-···-··--······---··-·---·
Henderson, Charles B ____ • ____ ---·---- _··-·- __ Director.·-·····-·················-··-------Klossner, Howard J __ --··--·---------·-·-·---- __ • __ do .••• __ ·-·············-·······-··------Merriam, C. B ___________ -··-- ---·-·--- ___ ---· -·- __ do •• ·--······ ••••••••.•.•. ·········-·····
Schram, Emil..•·······---··-·-··············· _.... do.·-·-··································
Talley, Lynn P .... ·-························· Assistant to the directors ••..••..•.•.••......
Cooksey, George R _____ ·- _---·-· ___ • ___ . __ __ __ Secretary__ ·--· ••••••.•....••. ··········-·--Mulligan, H. A---------------------------·---· Treasurer •.. ·······················----·-·-Hamilton, Claude E., Jr·----·--·--·---··------ General counsel._._·-·-·--····---·-·-·---···
Clay, Cassius M------·-----·--···-·········-· Assistant general counsel. .•..•••••.• _•• _.. __
Dougherty, J. L_. ·-··--·········-············· __ .• _do .....••.•••••••• ···············---··-·
Durr, C. J --·--- .• ___ •••.••.•.•.••.•••••..•.•..• -· __ do_·-········ •••••••. -·······-····--·····
Snodgrass, Russell L ....••••.•.•.•.•••..•..•.. ___ .• do ..... •·········-···--·--··--·-·······-·
Corcoran, Thomas G ·······--···-············· Special counsel._ ••••••••.•.••••.••.••••.•...
Fitts, William C.•.. ········-·-··· .•.•.•... ·-· . ___ .do. ____ -·--····-··········--·----··-·····
Lindquist, R. J _·-·--·-·-·-·····-···----···--- Chief auditor ___ ·---·-·-----------·-·-···-··Barriger, J. W., 3d ____ ·······-······-········· Chief examiner, Railroad Division ••....•...
Brownell, R. A·------·---··-·--··-··-·---·--·· Chief, Agency Division.········-·-·-·······
Husbands, Sam.·-·-·-··-·------···-·········· Chief, Examining Division.•••.•. ·--·-···-··
Mandeville, Charles H. W-----·-············· Examiner.•----·-·-·-----·-·--····-······-··
Murchison, Frank M •.• ·-···-················· Special representative_······--·--·····---···
Hamilton, T. A----·-----·--·-··-···---·····-- Sper:ial examiner_··---·-·-·-·---·······---··
Taylor, R. 1--·-·-·---···---·----··----·--·--·· Assistant chief, Agency Division.--·······-·
McGrath, M. J .·---·-----··----··-···---·····- Assistant chief, Examining Division-·-·--·-·
Herson, James F .• ·-·--------·-·-··--···-·---- Administrative assistant_--···-······-----··
Costello, W. C-··------·------··-······-·····- Assistant to the chairman_··-········-·---··
Griffin, D. B_. ---------·-·---·-· ·-----····-·-- Assistant treasurer_-····-·····--······--•-·•
Suliivan, William W--------··--··-·-···-····- Examiner __ ---·---·-··-·-·····-·---·-··-··-·
Thralls, Jerome_·---·--··--·----------···--·-·· Special representative __ ·--···--···---·-·····
Johnson, W. L·-------·-·····--·····-·-···-·-· Assistant chief, Examining Division--·-···Ribenack, w·. C. ________ •• _-·· ·--··· ··-·- ··- _______ do _____ -···_·-·-·-·····-······--·---····Stroud, W. E---------····------·--··-···------ ____ .do ________ --·-··-··-------·--············
Macartney, Morton •..•....•. ·-··············· Chief, Self•Liquidating Division •.•.. ·-·····
Keenan, Frank J. •.•.•.• ..... .•••. ... . .. .•...• Chief, Drainage, Levee, and Irrigation
Division.
t~:i;tljb~e~M.......... ·············· ..... eoug~eL. ················ ..................
Salary per
month
$&13.33
833, 33
833.33
833.33
833.33
l ),011.67
~33.33
833.33
833.33
833.33
833.33
833.33
833.33
833.33
833.33
833.33
833.33
833.33
n133
1 133.33
833.33
S.J.33
800.00
7\11.67
7\!l.fi7
750.00
7.'IJ.00
75000
750.00
71l'.33
71)8.33
708.33
70i33
708.33
Allen, Ronald H ••.. -························· Assistant secretary····-·-··················Fraser, J. A................................... Assistant chief, Examining Division••·-····
Kuehl, Frank W. •••••.•••.•.•.••....•.•••.•.. Counsel...························-········Hcbson, Alfred T. ·- ·-···-········-·-·--······ Assistant secretary..••••...••••...•.........
Sullivan, Harry L............................. Assistant treasurer. .••.•.•••.•.•.•••.••.••..
Shaver, Clem·-·-······-·-····················· Special assistant to the directon: .....•..•....
Kelley, Jerome T ··-··························· Assistant treasurer •.••••••...•.....••.......
Unzicker, Willard E_ ••••.•••••.•••.•••••••••. __ ... _do .... _.•.• ··--_----------···--·--··-··-Chadduck, Harry W .·-··--···---············· Administrative assistant .••.•...........••..
Parks, Thomas E .•••.••••••.•••••.•..••••••...... _do .. ·---------·---------···---·-·-··--·-·
Elliott, David C-···-·-·-··--·-·-··-··-·····-- Chief, Statistical and Economic Division_.. _
Berrett, R. W ___ --··-·-·-·--· ··--·- ... -· .. -··- Examiner·····-·········-·---·--··-······-··
701.33
701.33
666.67
666.67
666.67
641.67
&13.33
625.00
625.00
6tl.00
625.00
62.1.00
62-i.00
62.1.00
6tl.00
625.00
625.00
gation Division.
Assistant chief auditor ••• _••••••••.••••.•• -•
Examiner·---·-·-·---·----······-·-··-····-·
Chief, Engineering Section_·····-····-····-·
Examiner_-·---·---·-·---·-·······-··-·--·-Administrative asslstan t_ ·- •• ·----··-----·-·
Special Assistant, Drainage, Levee, and Irr!·
gation Divisoin.
II08.33
60!.17
600.00
f,00.00
fJ00.00
600.00
t~~:·F~:~1?
l-_·:::::::::::::::::::::::::::: ::::=~~:::::::::::::::::::::::::::::::::::.:::
Dodds, Chauncey Y ·-··-·-··············-···-- Chief Examiner, Drainage, Levee, and Irri·
Grantham, J.P •• ·-·····-·-·-----·-···---·-···
Watsco, William P -··-··-·-·---·-·---·---·-·-·
Drager, Walter L----··-··--·····-·-·-·-······Miller, M. E. ····-···· ····-·- ·--·······-······
Young, R. D_ •••• -··-· -·- ···--·-- ······------Strong, Albert L. -· ··---··········-···-···-···
!~Ii
Tr~It:;i=~========================== -~~~:i!t~~:~~;~~~=======================
ris~~~:i~:r:;tf ·- -···---- -- ---·-···-· •••. ·- -Ex~c:ner. ··-·-······-··--··-·····-··:::::::
Pot~:o:::t~as
H::::::::::::::::::::::::::::: :::::~~::::::::::: ::::::::::::::::::::::::::::
Knarr, M. W --------····------··---·--······-- Assistant to the secretary····-····-·-·--··-·
Shepa~ Guy B-·--···-·-··---········-···---- Administrative assistant.·-····--···-···--·-
!~:istead?R~~eitP::::::::::::::::::::::::::
if~~tr~ce
i{f
1
J. -···-·----·-··········-·-
~~!ii'..~':~~~::::::::::::::::::::::::::::
-··-·i!-····-·························=~~~~!;;
On leave of absence without pay.
Digitized by
Google
583.33
583.33
r.13.33
5,13-3.1
5611.67
!62-00
56iro
511.67
511.61
6iL67
611.67
6jL67
611.67
511.67
611.61
REPORT OF RECONSTRUCTION FINANCE CORPORATION
81
13.-Namea and compemation of directors, officers, and employees of th,
Recomtruction Finance Corporation receiving from the Corporation more than
$400 per month, 03 of June 30, 1938-Continued
TABLE
W ASHINOTON OFFICE-Continued
Name
Salary per
month
Title
Griffin, Charles N .....•....................... Examiner .................................. .
f.~~:~•J~~~~~welL.. ...•.....•.•..•..•......••. ~~·······································
1ones, Ralph B.....•....•....•....•...•.••.•...•... do ...•.••....•......•.....•.•.•.•.•.•..•.
Lewis, Charles B •...••••.•......••...•..•.••.....•. do ..•..•••....................•.......•..
Merritt, Arthur B ....•.•••.......•.••.••.......•.•. do .....••.•.•••...........•.......•...•..
Mielenz, Louis M ............................. ..... do .....••.•...........................••.
0'Bleness, E. J•............•••.•••••••••.••••. .•.•. do ...•.••••••.....•.........••.••...•..••
Robert.son, Hilton W ...•...................... ..... do .......••.••.•..•••..••.....•..........
Seabury, R. M ...............•................ ..... do ..•..••••.•..••••..•••.•..•..••••••••••
Seeley, Harold 1............................... ..... do ...•.••••••..••..••.•••••..••••.•••..••
Talman, Carter ••••..•.•••...••••.••••••........... do ......•...•..••••••••••••••••.••••.••••
Toole, J.E .............••................•.•.. ..... <10 ••••.••••••••••••••••••••••••••••••••••
Wadden, Thomas A ••••••.•..•••.••••••.•.•... ..... do .•.••.•••••••••••••••••••••••••••••.••.
::~:i;'}~t;eM:
:::::::::::::::::::::::::::::: ·c111:t~r ftiiti~· sec"if,;n::: ::::::::::::::::::::
Stein, Edward T .....•.•••••.•••••.••.••••..•. Acting chief, Ilond Service Section ..••••.•.•
Glueck, Nathan H... ......................... Counsel.. .••....••.....•.•..•..•••••.•..••••
Gunderson, Harvey J ..............•............... do ..•...............•.•.•.•.•.•.....•....
Hill, George H., Jr.•••..••.•••••••••.••..•••.. ..••. do ..••......•....••.•.•.....•••.•••.•••••
Klagsbrunn, Hans A .....•••••••••••...••••.•. .•••. do ...•.......•.......•......•.•..••••....
Livin~ston, Schuyler W .........•.•................ do .•.•.....••.•.•...•....•...•....•.....•
Wilson, Robert 0 ..........•....................... do ...•...........................•.••••..
Hesley, George W ........•.................... Sf)l'cial representative .••.......•..••........
Rochelle, William J. •....•.................... Examiner ................•...•....•...•.....
Blair,Smith ••.••.••••••.•••.••••••.....•..••.....•. <lo .•...............................•.•.•.
Galt, Alexander B .•••.••..•••••.••.••••.•.•... Assistant secretary ......•..•....••..........
Kan.nee, Henry M _____________________________ Liaison repre~entative ___ .___________________ _
Lescallett. George A........................... Chief, Authorization•Cancelation Section.••
Farrell, Edward A............................ Supervising accr,nntant. ..••......••••..••.
Roper, James H____________________________ ___ Supcrvi;-;ing engineer ____________ -------· •..•
Rait, Donald M ...••..•• -----·-------·-------- Enl!"ineering examiner.-----·-··------------Henry, Heber •.........•••••••••••..•.••••.•.. Counsel.. ............•..••••...•...••.••••.•
P., Jr ....................... ·····~~·······································
t~~~,'J~~rn°Nd
~!!"~:
f.1~~~~1i:::::: :::::::::::::::: ::: :: ·iixa:~i";;.;,:: :::::: ::::::::::::::::::: ::::::::
Est.s, Georre L ...•..••••••••••.••••••••••••....... do ..•..•.••...•.........•...•....••....•.
Giddings, WilliamC •.••....••.••.••••••.....•...•. do .................••.......•.•..........
~'~·T············ . . . . . . :JLm,;,,
.-<•=•····················
$541.67
541.67
541.67
541. 67
541.67
541. 67
541. 67
541. 67
541. 67
541. 67
541. 67
541. 67
541. 67
541.67
641.67
541. 67
541.67
541. 67
541. 67
541.67
541. 67
541.67
541. 67
533: 33
52.5. 00
620. 83
500. 00
500. 00
500.00
500. 00
500. 00
500. 00
500.00
500. 00
500. 00
500. 00
500. 00
500.00
500. 00
500. 00
500. 00
500. 00
500.00
600. 00
500. 00
600. 00
483. 38
483. 33
483. 33
483. 33
479. 17
475.00
475. 00
475.00
475.00
475.00
476.00
475. 00
4e8. 33
458. 33
458.33
458.33
458.33
458.33
458.33
458. 83
458.33
Holli~ James H ...•••••••.••••••••.••.•••.... Administrative assistant ....•••......•....•.
Ills , 1. Donald............................ Special assistant, Statistical and Economic
Ri
Division.
B'ddel, James L............................... Chief, Interest Section ....•••••.•.••••••••••
~=-w.;·;;:::::::::::::::::::::: ·~+:•.".'.'.'''.'.":::::::::::::::::::::::
458. 33
4li8. 33
450.00
4li0.00
450.00
4li0. 00
450.00
450.00
'60.00
Digitized by
Google
82
REPORT OF RECONSTRUCTION FINANCE CORPORATION
13.-Names and compensation of directors, officers, and employeu of tM
Reconstruction Finance Corporation receiving from the Corporation more than
$400 per month, as of June 30, 1938-Continued
TABLE
W ABBINGTON OFFICE-Continued
Title
Name
Ellsworth, George c __ ___ _________ __________ ___ Counsel. ___________________________________ _
Alexander, Hamil ton__________________________ Examiner__________________________________ _
Hub bard, S. A._---------- ____ ---------------- _-___ do __________ ---- _______ -----------------Chase, John H ________________________________ Assistant chief, Statistical and Economic
Division.
Bergstrom, Raymond A_______________________ Examiner_---------------------------------Maroney, W. H ____________________________________ do _____ ---------------------------------Bailey, Lawrence , . --------------------------- Field representative ________________________ _
Metz, Elmer E__ __ ___ ____ __ _____ ______________ Counsel. ___________________________________ _
Warren, Frederick H________ __ ________________ Engineering examiner ____ ------------------·
Letcher, J. M ___ ------------------------------ Auditor ____________________________________ _
Murphy, D. F. ------------------------------- _____ do ______________________________________ _
Respess, John R------ ----- _________________________ do ______________________________________ _
Stroberg, H. R _____________________________________ do _______ -------------------------------Robert, F. IL_________________________________ Supervising engineer _______________________ _
Easley,
Robert
_. _--------------------------Appraiser_---------------------------------Bra verman,
A. JMarvin
___________ .____________ Counsel.
___________________________________ _
Brown, Alan B _____________________________________ do ___________ ---------------------------Campbell, J. Bowers _______________________________ do __________ ----------------------------J acobson, Harold E ________________________________ do ______________________________________ _
McLaughlin, Matthew A., Jr ______________________ do ______________________________________ _
~~~~;,!y~ ~:•J~lan _________________________ ---~~----- __ -------------------------------Russell, Lewis c ______ ------------------------ _____ do ______________________________________ _
Weinstein, Samuel M ______________________________ do ______________________________________ _
Clarke, China R ___ -·------------------------- Examiner __________________________________ _
Eigelberner, J ______________________________________ do ______________________________________ _
Foster, Sterling J ., Jr ______ -----~------ _____________ do ______________________________________ _
Herrmann, Herbert J _______________________________ clo ______________________________________ _
D. N _______________ -------- ____ ---- -- _____ do _____ ---------_--------------------- --Stafford,
B __________________________________ do ______________________________________ _
Steele, Horbert
Wise, George E _____________________________________ c!o ______________________________________ _
Bliss, Rodney M______________________________ Field representative ________________________ _
~~~\~i~ t1r?io!as L::::::::::::::::: :: : :: :: : : :: : : : : : ~~::::::::::::::::: :: : : : : :: : : : :::::::: : ::
Salary per
month
$«L67
«l.67
«l.67
433.33
433.33
433.33
433.33
433.33
425.00
425. 00 ~-00
~-00
~-00
416.67
416.67
416.67
416.6;
416.67
416.6i
416.6i
416.6;
416.6i
416.6i
416.6i
416.6i
416.67
416.67
416.6i
416.67
416.6i
416.67
416.67
(1)
416.67
LOAN AGENCIES•
Atlanta, Ga.:
Cocke,
Candler,Erle_-----------·-----------------Scott ____________________________ _
Cha<lwell, W. A__________________________ _
Reynolds, 0. p ___________________________ _
Baltimore, Mel.:
Coke, William H __________________________
Chatterton, Joseph v ____ ________ __ ______ __
Birmingham,
Ala.:
_______________________________
Long, F. w
r:ir,~:~nnnger
---_________________________
-__ :_ -- - -- - - -------------._
Assistant
manager
Field representative____________ ----------·-·
Special representative ______________________ _
Examiner __________________________________ _
Manager ___________________________________ _
Boston, Mass.:
Hagerty, John J ________________________________ c!o______ --------------------------------Larkin, George E __________________________ Assistant m1mager _________________________ _
Charlotte,
N. C.:
Campbell,
John A., Jr_____________________
Manager ___________________________________ _
Chicago, Ill.:
11 tghg,
ir
r-i- -------------------- ----- _A ___df"_i___________________________________
$700.00
500.00
500.00
/IXl.00
45,1.33
4!&6i
'16.!7
708.33
416.!7
500.00
fJ
~
rNtcei
W~lilm
fb-id__________________ ggi
Exatner
___________________________________
:J!t~J~i
ia~~;i
========================
~lE:;~=a=~~~==========================
:~
:~
Standish, M. L____________________________
~flt~;"\'· ar<~d s___ ---------- ----------- nk, si~~,eind -11.-: ::::::::::::::::::::::::
Nelson, Harvey F------------------------Tuohy, Arthur . ·-------------------------
m~
[~iif~~~\ia;CFI--~--~~:::::::::::::::: -~~~ri~~~::::::::::::::::::::::::::::::::::: E~
Ff
lf
Assistant to the manager____________________
~ttoryey---- -- ---- ---------- ---------------1
A~f: n~;~::: ::::::::::::::::::::::::::::::::
Examiner___________________________________
_____ do _____________________________________ _
~
500.00
4.13 33
~tfi
• Employee! on per-diem basis at $20 per day. Compensation for April, $500; !or May, $200; forJune,1211l• Except as herein indicated, attorneys handling legal matters or the various agencies of the Corporlll1"e
do not receive salaries but are paid in the customary WI\Y Bocor<ltn11 to the character and volumeo!lbei'OI•
performed an<l therefore are not Included,
Digitized by
Google
REPORT OF RECONSTRUCTION FINANCE CORPORATION
83
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, 1938
TABLE
LOAN AGENCIES-Continued
Title
NB!lle
Cleveland, Ohio:
Gelbach, Loring L•..••••..••••.•.......... Manager .......••...•.........•..•...•...•..
Davies, M. C .........•................... Assistant manager. .•...........•..••.••....
Killpack, lames M ........................ ..... do ..•••••.•.....•.•..••..•.......••..•..
Dallas, Tex.:
Glidden, L. B... ... . ....... ............... Manager ..•..•.••••.••••••••••..•.•.••.•..•.
Detroit, Mich.:
Hodgson, Raymond 1 ..................... ..... do ..•..............•...•••..••••..•...•.
Fushman, Arthur J .••.......•.••.•••••••• Assistant manager ••...•.•.••.......••......
Nelson, Fred F •...•.......••.....•••..........• do ••••...•.....••••••••...••..•••...•...
Jacksonville, Fla.:
Farwell, Fred H...... ••• •••• .•.....• .... .. Manager.•..•..•.•...........•..•..•..••••..
Kansas City, Mo.:
.
Hodges, Frank ••..•.•••.•.....•............•••• do .•••••.........•...•.............•....
Little Rock, Ark.:
Jarrett, J. W ..••...••...•.............••.•...•. do .•••••••......•....•......•..••.....•.
Los Angeles, Calif.:
Haight, Hector C ••••...•....................... do .••.•••...••..•.•...••....•.•.•.•.•••.
Louisville, Ky.:
Abell, J. Fort...............••. _... _.•..... _.... <lo ........•...•..•...•••...•..•••....•..
Humphrey, Lovell M .......... .......... Assistant manager •.••.....•..••.•.....•.•..
Minneapolis, Minn.:
Maynard, Ben C.......... .......•........ Manager................................... .
Power, George C.......................... Assistant manager .•........................
Nashville, Tenn.:
Gardenhire, J. M .........................•. Manager ....................•...........•.••
Davis, Lee................................ Assistant manager .....•......•.............
New Orleans, La.:
Buskie, George F.......................... Manager............ • .................... .
Robertson,'George W ..................... Assistant manager .........................•
Goodman, Samuel J....................... Agency counsel. •.....................•.....
Green, Justin.............................. EYRminer ....................•..............
NewYork,N. Y.:
Ahearn, Thomas J., Jr.................... _ Manager .................•.......•..........
Tyree, Youn~............................. Assistant manager .......•..................
Farthing, William J •..••••••••.• •••••••••. Examiner •............•.•••.................
Schneider, John Thomas.................. Agency office counsel.. ..................... .
Evarts, Effingham........................ Assistant agency office counsel. ..•..........
Kavanagh, Thomas P •.•••••••••.•••••.••. Examiner .................................. .
Barrett, F. H.............................. Special assistant ..•.•.................•......
- Summers, George ...............•...•...•.. Attorney...................•................
SF~vye,nsC,hHaralerrsyLI
•.. ·. .•
· •·.·•·.·.·..·•.·••• ••·. ·. ·.·•·.·• •••••·•• •.·. Chief,
Examiner
.....
-... -......................•..
,o
Loan
Liquidation
Division.......... .
Linn, Henry A............................ Attorney................................... .
Sutherland, Conrad J••.....••........•....•... do ..••............•.....•...............
Telsey, Leon G .•••...•..•..........•.••....... do ............................••......••
Wfi:~. ti!-,;l-r::::::::::::::::::::::::::
~::ii:::r~~~~~::::::::::::::::::::::::::::::
lk!ahoma City, Okla.:
Eagen, J. C. ••......•••.••.•••............ Manager ...•..•••.•••...••..•.•.••••••••••••
lmaha, Nebr.:
Daniel, Herbert S•••••••.•..••••.•••..........• do .•••..•...•••......•..........••••••••
'hiladelpbia, Pa.:
~~k~~td!~~nd.•••.•.•.•.......•••••.. · Assi~fant manager ............••.•...•••....
Walton, Henry F., Jr...................... Acting assistant manager.••..•••.•....•••...
l~gJa·:::::::::::::::::::::: ~ill':i~~nsei:::::::::::::::::::::::::::::::
0
~i~~~~fii:
Gretz, Arthur A........................... Examiner ..•...............•................
'ortland, Oreg.:
Kennedy, WilliB!ll........................ Manager ...•...•...•......•.................
tichmond, Va.:
Salary per
month
$833. 33
541.67
541. 67
458. 33
625.00
600.00
416. 67
500. 00
600. 00
600.00
600.00
520. 83
416. 67
625. 00
450. 00
500.00
458. 33
833. 33
500.00
500. 00
500.00
833. 33
791. 67
791. 67
708.33
708. 33
583. 33
500. 00
500.00
483. 33
458.33
458. 33
441. 67
416. 67
416.67
416. 67
450.00
500.00
833. 33
650.00
416. 67
833. 33
600.00
441.67
450.00
i~W..~.......................... ·Assi~fant manager .•..............•.........
541.67
458. 33
it~~=~:
:an Antonio, Tex.:
Meerscheidt, Otto.........................
an Francisco, Calif.:
Calkins, A. A .............................
McCullough, John S., Jr..................
HoS:'!ac,)<J Harry F ••••••••.....•...•••.•...
t.Loms, Mo.:
s8-~!d,eFrankr,
John _w_.·-··..··......· ...........· ...· .. ..
· · ........ ·.·. .. ..
1
Manager....•.•...•••.••••••••••••......•...
500.00
..... do ...•. _.......•...•.•...•••.•.••••.•...
Assistant manager ••••••......•...••.....•..
Examiner ••••••...••••.•.•....•..•...•••••..
750. 00
500.00
450.00
Manager ...•.............•..•.......•••. ·-•.
Assistant manager- •.......•...•••••...•.••.
708. 33
450.00
Digitized by
Google
84
REPORT OF RECONSTRUCTION FINANCE CORPORATION
14.-Statement of cash receipts and expenditures during the second quartei,
Apr. 1, 1938, to June 30, 1938, inclusive (Corporation's accounts with Treaaurer
of United States)
TABLE
Cash balance at the close of business Mar. 31, 1938, as per the books or the treasurer orthe
Corporation•••.•••••••••.••• -•.•••.•.•••.•...•••.•.••••••••••• ·------- _________ ·- _______ _ Sf, 003,358.39
Add:
Checks issued prior to Apr. 1, 1938, canceled subsequent to Mar. 31, 1938_
$375. 00
Corrections of errors reported to the Treasurer subsequent to Mar. 31, 1938
152. 27
5Z1. 71
Adjusted cash balance at the close of business Mar. 31, 1938--·-··-----·-·-·---·--------···- 4,003,885.66
Receipts:
Sale of notes.····························-·······-··---·-----·----·--·-- fl'l, 026, 000.00
Repayments on Joans:
To banks and trust companies (including receivers) .. $12,499,111.99
To credit unions ............................ ··-······
18,585.00
To building and loan associations (including re185,535.06
ceivers) ..............•• ··-· ·-···· ···- ·-······-··--47,579.21
To insurance companies .•• --·· ••••••••• ·---·--···--To Federal land banks •......•. --·-·-···-········---- 2, 492, 642. 70
178,707.84
To Joint-stock land banks... ······-·--····-···-·-·--To mortgage loan companies.... ---·······-·-·- •• ··-- 38,340,031.69
325.50
To agricultural credit corporations-···-··--···-···--To railroads ...••.. ···········-·-············-·--··-- 1, 725, 409. 35
660.00
To fishing industrY.-·•··-····--·-····---····--····-To business enterprises .. ······················-·--·- 2, 549, 750. 53
20,000.00
To mining, milling, and smelting business.·--··-·-·122,932.73
On assets of closed banks.·························-·For self•liquidating projects (par $595,545.40) •••••..••
595,403.25
For repair or reconstruction of property damaged by
earthquake, etc.:
347,444.87
Under sec. 201--a, act of July 21, 1932, as amended_
Under act of Apr. 13, 1934, as amended:
21,302.86
Industrial and commercial business .• ···-·-·Other.....................................• · .
24,728.01
For financing the carrying and orderly marketing or
agricultural commodities and livestock produced In
the United States:
Commodity Credit Corporation .•• -··-·-····-·-- 102,611,409. 62
Other.•.•....••.... ••·················-·-··-···-25,079.46
To drainage, levee, and irrigation districts.·-·······215,926.60
Secured by preferred stock-banks and trust com135,537.39
panies .. ·-··-·····-·······-·······-·····-····--·-·- - - - - - 162,158,103.65
Preferred stock, capital note and debenture retirements.·-·--··-·-··-·-- 3, 981, 163. 79
Prelerred stock installment sales contracts ... -··-··-··•········--•·•····
24,803.52
Sale of securities purchased from Federal Emergency Administration of
Public Works ..............•.. ········•··•·•····-········-·-·-···-···- 4,188,035.46
Funds held for other governmental agencies:
Disaster Loan Corporation ...•. -·-··· •...•••••.•• ---······-·----·--·
370, 231. 95
Commodity Credit Corporation ..• ···--····----···--···----···-·--- 108,292,244. 77
Federal National Mortgage Association .••• -·-·-····--·-··----·--··- 24,252, 883. 50
Interest and discount collected ••.......•.... ·····-· .. ··-·-·-···-·······- 9, 116, 471. 18
DI vidends collected on preferred stock purchased (Including Interest on
161,332.24
Interim receipts) .•....•....•......••.....••....• -- ---- -- ••• - • ·-·. ·-•. 52,542.47
Interest collected on capital notes and debentures-·--·--·-·----·--·----4,017.52
Accrued interest on notes sold .• _-···-·-·····-·-·--·-·-··· •••• ··-·-··--3,018.39
Preminm on notes sold ... ······················-··-·······-·········-·726,182.95
Premium on sale of securities purchased from other governmental agencies
Interest, to date of purchase, on securities purchased from other govern•
mental agencies ......•....... ·-····-·---·---·-·---·---·-·-·····--·-·-147,251.35
518,414.63
Reimbursable expense collected .. ·-·-·· ••..••• ·····-···· .. ··--·--··--···
Repayments on advances for care and preservation or collateral_·----·-224, 944. 16
Liquidation of assets acquired through foreclosure and settlements._____
474,960.24
Deposits with bids for purchase or securities .• _···---·-·-·--·---··-----· 6,000,000.00
Premium on securities sold .•••••. ·--··-····-·-····-·---·------·-·-·---·4,091.13
Remittances held In suspense....• ·----·-·------·---··------·-··-·-··--- 17,518,757.40
Unallocated-pending advices .••• -··-··-·····-·--··---·--··--··-----·-- 2,231,222.23
MisoollaneoUB (including amounts credited In error>----·---·----------42,548.37
- - - - - - 417,619,~~
421,621,106.14
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REPORT OF RECONSTRUCTION FINANCE CORPORATION
85
. TABLJ: 14.-Statement of cash receipts and expenditures during the second quarter,
• Apr. 1, 1938, to June 30, 1938, inclusive (Corporation's accounts with Treasurer
of United States)-Continued
'- E1penditures:
Retirement of notes ____________________________________________________ .$161, 000, 000. 00
Loan disbursements:
To banks and trust companies (Including receivers)_._ $7,298,443.38
To building and loan associations.·--·-···--···-···--174,005. 72
To insurance companies .. ··----···-----·-·-·-·····--- 1,017,793.39
To joint•stock land banks.... ·--·---···--·--··-····-·· 1,388,037. 75
To mortgage loan companies·--····-·-·-·---·-·-·-·--· 10,799,284.42
To railroad•-····--···-·-···-----------------------·- .. 27,521,500.00
To llsbing industry.···---··-----·-·-·--·-----------·300. 00
h
To business enterprises ............... ···········-·-·- 6,776,872.20
To mining, milling, and smelting business •. ·---···-·283,000.00
On assets of closed banks .....•........... ···-·-·-····
325, 188. 28
For self•liquidating projects (par $9,009,000).. ... . ..... 8,956,882.98
For financing the carrying and orderly marketing of
agricultural commodities and lh·estock produeed in
the United States-Commodity Credit Corporation. 7,602,646.58
To drainage, levee, and irrigation districts ... _........ 2,122,070.94
To Rural Electrification Administration .•• ·-····-···· 14,743,000.00
89, 009, 925. 64
Purchases of preferred stock and debentures-banks and trust companies. 5, 754, 000. 00
Purchases of securities from I;'ederal Emergency Administration of Public
Works .................................................. ···--········· 8, 415, 358. 33
Withdrawal of funds held for other governmental agencies:
519,180.34
Disaster Loan Corporation ......••.•.• ·····- ••.•.•.•.. ·- .•.•.•...•••
Commodity Credit Corporation .... ····-··········-·-·-···•·•······ 83, 603, 954. 80
Federal National Mortgage Association ............•.•. _.......••••• 27,713,358.29
Allocations:
To Federal Housing Administrator ................... $3,000,000. 00
For expenses regional agricultural credit corporations.
156,500.00
3, 156, 500. 00
Refund to Secretary of the Treasury of funds for capital reductions of
regional agricultural credit corporations............................... 2,500,000.00
Advances for care and preservation of collateral. .....•.•••.•. _._........
445,347.40
Assets acquired through foreclosure and settlements.....................
7,292.59
Advances for care and preservation and expense on assets acquired
146,174.89
through foreclostlre and settlements...................................
Expense of servicing securities purchased from Federal Emergency
36,941.13
Administration of Public Works......................................
Refund of interest and dividend overpayments .••••.•. ·-····-··········
324,895.18
Refund of unearned discount ... ·-········-··-·········-·············-··
70. 11
Release of funds held in suspense....................................... 31,830,563.83
Accrued interest on securities purchased ..••••••••••••.•••...•.• ·-······
662,510.41
Interest on notes ...... ·-··-·····-·-···-··-··-·····-····--·-·-··--··--··· 2,901,437.06
Furniture and futures .•.. -•• ·--··-·-··--·····--··-···-········--·--··-25,756.64
Expense:
GeneraJ. ___ • ····- ····-· _•• --·-····-·-·-·-- -··-· -·· __ -· ·- -·· -· -···· •• 1,011, 747. 68
Loan agency.·-·--·-···--·-·····························-·····-·····
893,900.41
Custodian_.···-····-·······-·-·--··--··-·-·-········-·-·--·-·····-455,418.56
Reimbursable expense·--·-·--·-·----··-·····-··-·--·-·-·-·---···-·····497,794.11
Miscellaneous (including refunds and adjustments for amounts credited
in error)_ •••• ······---······-·········-·······-···-·-··-··--····-·-···
179,942.59
- - - - - $ 4 2 1 , 092, 969. W
430,136.57
Cash balance at the close of business June 30, 1938••••• -·-····-··-···--·-····-······
Nou.-In addition to funds on deposit with the Treasurer of the United States, custodian banks and
trustees held in suspense funds which amounted to $795,526.77 at the close of business Mar. 31, 1938, and
Sli32,59!.37 at the close of business June 30, 1938.
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86
REPORT OF REC0NSTRUCTION FINANCE CORPORATION
15.-Statement of cash receipts and expenditures, Jan. 1, 1938, to Junt 30,
1938, inclusive (Corporation's accounts with Treasurer of United State&)
TABLE
Cash balance at the close of business Dec. 31, 1937, as per the books of the treasurer of the
AfJ,rporation ••••.••.•.•••.•.•...•...•...••••••.•••••.•• ········-············ ••••••••••.• $3,438,651.71
Checks issued prior to Jan. 1, 1938, canceled subsequent to Dec. 31, 1937 ..•••• $2,466.97
Corrections or errors reported to the Treasurer subsequent to Dec. 31, 1937•• 37, 93U. 62
Adjusted cash balance at the close of business Dec. 31, 1937•••••..••••••••••••••• 3,477,0;ii.Zi
Receipts:
Sale of notes ••.•...•.•••.•.•.•.•.••..•...•.•••..••••.•••.•••••••••...•• $118,499,500.00
Repayments on loans:
To banks and trust companies (including receivers) .• $21,639,420.81
To credit unions.....................................
26,304.00
To building and loan associations (including receivers).
355, 372. 59
To insurance companies.............................
269,896.20
To Federal land banks............................... 6,550,688.66
To joint•stock land banks............................
344,555.69
To mortgage loan companies......................... 48,827,338.64
To agricultural credit corporations...................
11,863.48
To railroads......................................... 2,682,434.26
To fishing industry..................................
6,775.92
To business enterprises.............................. 5,728,049.41
To mining, milling and smelting business...........
33,175.16
513,971.75
On assets of closed banks............................
For sel!•liquidating projects (par $8,024,145.40)....... 8,023,609.04
For repair or reconstruction of property damaged by
earthquake, etc.:
Under sec. 201-a, act of July 21, 1932, as amended.
516,314.53
Under act of Apr. 13, 1934, as amended:
Industrial and commercial business ....•..•••
41,075.65
Other......................................••
62,645.81
For financing the carrying and orderly marketing of
agricultural commodities and livestock produced
in tbe United States:
Commodity Credit Corporation ...........•.••.• 105, 799,950.43
Other............................................
65,105.30
To drainage, levee, and irrigation districts...........
618, 104. 07
Secured by preferred stock:
454,481. 76
Insurance companies.............................
Banks and trust companies......................
436,574, 11
- - - - - - 202,907,697.17
Preferred stock, capital note and debenture retirements................. 13,162,644.42
Preferred stock installment sales contracts..............................
110,634.31
Sales of securities purchased from Federal Emergency Administration
of Public Works...................................................... 13,506,635.24
Funds held for other governmental agencies:
784,536.24
Disaster Loan Corporation..........................................
Commodity Credit Corporation .................•..........••...•.• 108,352,048.19
Federal National Mortgage Association............................. 31,174,884.98
Capital reductions regional agricultural credit corporations............. 2,500.000. 00
Interest and discount collected.......................................... 19,971,846.41
Dividends collected on preferred stock purchased (including interest on
interim receipts) ...•.............................••.•••••••..•...••..• 4,444, 528. 20
Interest collected on capital notes and debentures ...••.••.•.•..••••..•• 1, 674, 932. 89
750,935.53
Commitment fees of The RFC Mortgage Co •...•...•.•••..•••••••••..•
6, 784.46
Accrued interest on notes sold ......••.........•.....•.•.•••••••••••••••
9,411.46
Premium on notes sold ...................................•.•.••.••.....•
Premium on sale of securities purchased from other governmental
agencies............................................................... 2, 050, 135. 94
Interest, to date of purchase, on securities purchased from other govern•
mental agencies ...•...... .......•.•..••...•.•.•...•.•.........•.•..••
685. 091. 35
Reimbursable expense collected......................................... 1,4i7. 571. 07
Repayments on advances for care and preservation of collateral........
683,761.25
343. 89
Collections on collateral (cash collateral)...............................
Liquidation of assets acquired through foreclosure and settlements.....
875,237.86
Deposits with bids for purchase of securities............................ 6,000,000.00
Premium on securities sold.............................................
26,324.19
Remittances held in suspense........................................... 23,955,953.55
Unallocated-pending advices.......................................... 2,231,222.23
Miscellaneous (including amounts credited in error) ...................._ _27_5._99_7._29_
llS,6.18.IJ
5560
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REPORT OF RECONSTRUCTION FINANCE CORPORATION
87
15.-Statement of cash receipts and expenditures, Jan. 1, 1938, to June 30,
1938, inclusive (Corporation's accounts with Treasurer of United States)-Con.
TABLE
Expenditures:
Retirement of notes_._ .••.•..•..•.•..•....••••••••••••••••.•••••.•••.... $166, 000, 000. 00
Loan disbursements:
·
To banks and trust companies (Including receivers). $8,790,863.53
To building and loan associations ... ·-···············
570,436.97
To insure.nee rompanies·-·······-···················· I, 017, 793. 39
To joint·stork land banks ... ·-···--······--·-··-····· 3,439,267.67
To mortgage loan companies..•... ·-········----·-··· 20, :m:1. 420. ?7
To railroads ___ . ·············-···-···---···--········ 41,054.500. 00
To fishin~ industry··············-···················
300. 00
To business enterprises .. ·-·------·-·--····-········· 8,187,673.89
To mining, milling, and smelting business_ .• -········
624. 000. 00
On assets of rlosed b•nks·--··-· -·------- ____ ------·-·
667,008.35
For self•liquidating projects (pnr ~16,269,000)__·--··- 16,156,882.98
For repair or reconstruction of property damaged by
earthquake, etc., under act or Apr. 13, 19:14, as
amended, other than industrial and commercial
bu.c;;;ine!,g _________________________________________ _
2,600.00
For financing the carrying and orderly marketing of
agricultural commodities and livestock produced in
the United 8tate.s:
Commodity Credit Corporation .• ··-············ 42,649,555.58
Other_··-················---·-------·-···········
20,000.00
To drainage, le,·ee, and irrlrstion districts .. ···-·..... 2, 71'8, 247. 64
To Rural Electrification Administration .. ·-········· 24, YOO, 000. 00
- - - - - - Iii, 232,550.27
Purchases or prererred stock and debentures-hanks and trust companies.
Purchase of stock or Federal National Mortga~e Association __ ··········
Purchases of securities from Federal Emergency Administration of
Public Works __ . _____ ·-- ___ -··-· __ -·-· ...... _______ ·- .. __ ._·-- __ ··-···
Withdrawal by other governmental agencies of funds held for them:
The RFC Mortgaee Co ____ ······-·-·-······························
Disaster Loan Corporation ___ ·-·-··········-···············-·-······
Commodity Credit Corporation_ ... -·-·····-··----··-·······-··-···
Federal National Mortgage Association .•. ·-····-········-··········
Allocat.;ons·
To Federal Housing Administrator···-·---··-·-····· $4,900,000.00
For expenses regional acricultural credit corporations_
345,497.60
For expenses. Federal Emergency Relief Aclministra•
123.55
tlon_ ........ ·- _··-·· •.• _..... _. _. _. -· .. -··· _... -· .•
6,838, 1.50. 00
11,000,000.00
26, 302, 498. 00
5,000.00
AAO, 399. 56
83,907 ,484.37
27,713,358. 29
5, 245, 621. 15
Refund to Secretary of the Treasury of funds receh·ed for capital reduc·
lions of regional a~ricultural credit corporations ..•...•••...•.. ·-··--·· 2,500,000.00
Advances for care and preservation or collaterat._ __ ·············-···-··
942,638.30
Assets acquired throu~h foreclosure and settlements __ ·-··._··---···---·
7,292.59
Ad\·ances for care and preserYation and expense on assets acquired
through roreclosure and settlements_··--··--····--·····-·····--·-·····
339,446.93
Expenses of servicing securities purchased from Federal Emergency
Administration of Puhlic Works ___ ······-···············-·-·-··-·····
f>9, 289. 08
Refu~d of unearned discount.··-·---·---·-·········••·•········--······
70.11
Rerund of interest a!ld dividend o,·erpayments-······-··········-······ 1,070,212.58
Release of cash collatcraL. .. -··. _... __ ·-··· ·-·····-·-·-·-·-·····-···-···
9,071.87
Interest on cash collateral to rediscounts ....•.. ·-·-·-·-···-·-·-·····-· ..
577. 51
Release of funds held in suspense ... ---···-··-···············-·····-···· 34,423,984.28
Accrued interest on securities purchased................................
812,567.07
Intere.st on notes __ ············-·-··-•··•·············•····•············· 14,015, ~55. 83
Furniture and fixtures __ •.••...•.•.•.•.. ··-· .. ··················-·····..
32,232.18
Expense·
Oenernl. ... -.. ········-··-···········•·••···-····-·················· 1,868,175.37
T rmn agency........................................................
1,544,893.94
C1,stod' 0 n .. -· ··-···············--··································
904,459.82
Reimbursable expense ... •-·······--·-·-·-·····-·--····-··-·-·-········· I, 088, 302. sg
Miscellaneous (including refunds and adjustments for amounts credited
in error).·····························-·······························
411,347. 74
- - - - - $ 5 5 9 , 165,579.82
430,136.57
CRSh balance at the rlose of business June 30, 1938.·-·-···········-·················
=====
NoTE.-ln addition to funds on deposit with the Treasurer of the United States, custodian banks and
trustees held in suspense funds which amounted to $613,125.02 at the close of business Dec. 31, 1937, and
$9'J2.591.37 at the close of business June 30, 1938.
TABLE
16.-Statement of condition as of the close of business, June 30, 1938
ASSETS
Cash:
General account •••••..••••.••••.•••••••.•••...•.•.•.•.••••••.••••••••
Expense account .•.. ·--·····-.-· __ -····•·························-····
Held by custodian banks and trustees .•••••••.•.•••••... ·-···········
Petty and other ••••••.........•... ···········-· ••.•••••.•..•......•.•
$369, 809. 13
60,327. «
932,591.37
17,535.00
------
$1, 380, 262. 94
United States Government securities (par)...............................................
48,020,200.00
Loans 1. ••• •••••• ••••••••• ••• •••• ••••• ••••••••••••••••••••••••••••••••• • ••••••••••••••• 1, 137, 6101 642. ~
See footnotes at end of table.
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88
REPORT OF RECONSTRUCTION FINANCE CORPORATION
TABLE
16.-Statement of condition as of the close of business, June SO, 1938-Con.
ASSETS-continued
Preferred stock, capital notes e.nd debentures:
Banks e.nd trust compe.nies---------------------------··------·-------$553, 661,466.41
Insure.nee company
_____ -----------------·----------··---··--·-------100,000.00
Installment
sales contracts
_____________________________ .______________
214,754.72
Capital stock:
The RFC Mortgage Co ____ •••. ----·---------------------·-···-·----·- 25,000,000.00
Federal National Mortgage Association_·-··---·--··-------·---···--·· 11,000,000.00
Securities purchased from Federal Emergency Administration or Public Works·---·--------·Notes and accounts receivable .. ·-·--- ______ -·--------------··---------·---·------------Adve.nces for ca.re and preservation or collateraJ. ________________ ·---------···-·-----·---Property acquired in foreclosures and settlements (original cost, advances
for care e.nd preservation and expense>----------·--------·----·---···--- 13,531,645.20
Less proceeds of liquidation and income ___ ··------------------·---·-· 4,281,794.73
Accrued interest and dividends receivable_.--·---------------------··-···----·---------Reimbursable expense ______ • __ . __________________________ ·- _______________ ------·--·-···
Furniture and fixtures (less depreciation>---·------------------------·------·--·---·----·
Other_. ___ . __ ·- _____________ - -- -_-- _. _•• - -- • - -__ -- _-_-- • - -- • -- -- • -- - • -- -- -- -- -• -·-. -•••••
$553, 976, 221. 13
36, 000, 000. 00
145, 148, 448. ~
93,130.15
862,530.76
9, 249, 8.'iO. i7
26, 511, 080. 58
1, 135, 389. 71
413,113.02
113,498.73
Total_·-------·-·---· _____ ·-----·- ________________ ------·-------------·-··----·-·__ 1, 960, 494,367.82
LIABILITIES AND CAPITAL
Notes (series Kand M>-----·-----·------·----------------·-·-----···-·-···--------······ 1,162,564,832. ~
Liability
for
funds
held:
935,385.31
Cash collateral. ___________________ •• _________________________ • _____ •• _
For other governmental agencies----------·--------------------------· 53,952,521.33
54, 887, 906. M
2, 231, 222. 23
Receipts not allocated pending advices from fiscal agents-------------·-·--·------··-·---22, 465, 990. H
Other liabilities (including suspended credits) ____________ ------------------------------Interest paid in advance and unearned discount__. _____________________________________ _
93,862.17
36,016.14
Interest and dividend refunds payable------------·-----------------------·-------------Accrued interest payable_·-·---- _______________________________ ·-----------·------------9, 246, 7~. 14
Deferred credits _________________ -·---- _________________ ----·- __________________________ _
18, 066, 638. 82
Capita.I stock_.-----·---··- ______________________________ • ______________________________ _ 500, 000, 000. 00
Surplus_____________ -----·-------·------·-·---------·-·------------------· 190, 701,189.99
Reserve for self insurance ______________ ·-·····-·--·-·-----····-·····-200,000.00
190, 901, 189. U9
Total ••••••• ·-······--·-··---·--·-·---··---·-··-·----··-···--···-·- ____ •• ·-····---- 1, 960, 494, 367 ~
===:=::::::::I
)IEl,IORANDUK
Undisbursed authorizations and conditional agreements to make loans, purchase preferred stock, capital notes, and debentures, etc.•_________ ------------------------------· 767,506,960.41
Undisbursed allocations to other governmental agencies (including advances under 1933
Relief Act)'·----------------------------------------------·-----·---·-----·--·----·---40,618,998. W
Undlsbursed authorizations for advances for care and preservation of collateral ••____ ·-·-421,504. M
Total ••••••• ·-••••••••••••• -·_ ••••• _•••••••• _____ • __ ••• -· ••• _•••• _. _____ .--·.......
808, 547, 464. 02
1 Loans under sec. 5 of the Recoll/ltructlon Finance Corporation Act, es amended, to aid in the reorgsni•
zatlon or liquidation of closed institutions have been disbursed in the aggregate amount of $964,514,204.37.
After taking into consideration repayments of $888,732,800.42, item (1) of the bale.nee sheet includes the
balance of $75,781,403.95.
• Includes $61,717,920.09 undisbursed balance of a loan of $150,000,000 to Commodity Credit Corporation
to enable it to make or purchase 1937--38 cotton loans. If more than this amount is needed the Corporation
will provide It.
• Under the provisions of sec. 5 (b) of an act approved June 16, 1934 (Public No. 362, 73d Cong.), the
Corporation is required to purchase debentures or other obligations of the Federal Deposit Insurance Cor•
poration, upon its request, up to but not exceeding $250,000,000. The Corporation has not been called
upon to purchase any such obligations.
Under the provisions of sec. 4 of the National Housing Act the COl"pore.tion bas disbursed $61,521.074.55
and is further authorized and directed to make available such funds as the Fedecal Housing Admlnistrallr
may deem necessary.
Under the provisions of Public No. 5 of the 75th Congress, approved Feb. 11, 1937, the Corporation
Is req~d to purchase nonassessable capital stock of the Disaster Loe.n Corporation, upon its request,
up to but not exceeding $20,000.000. The Corporation has purchased such stock to the extent of $10,000.000.
Under the provisions of sec. 201 (e) of the Emergency Relief and Construction Act of 1932, and sec. 33 (bl
of the Farm Credit Act of 1937, the Corporation is required to pay all expenses incurred by the Regional
Agriculture.I Credit Corporations. Tl,e Corporation has allocated $17,434,699.77 for such expenses. Of
this amount $16,317,952.69 has been disbursed and $1,116,747.08 remains available for disbursement for
expenses incurred up to June 30, 11139.
Pursuant to sec. 84 of the Farm Credit Act of 1933, as amended, $39,500,000 ls held In a revolving fund.
Under the provisions of an act approved Feb. 24, 1938 (Public No. 432, 75th Cong), the Secretary of thl
Treasury is authorized and directed to cancel the Corporation's notes in an amount 6!Juivalent to the
amounts disbursed for allocation to other governmental agencies and for relief, by the direction of Con•
llf0SS, and the interest paid thereon.
This statement of condition does not take Into consideration expenditures Incurred but not paid by lht
Corporation at the close of business June 30, 1938.
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