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REPORT OF RECONSTRUCTI()N','tr?LN'ANd~ CORPORATION
FOR THE THIRD QJJA~T~R,, Ji9~
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LETTER FROM THE CHAIRMAN, RECONSTRUCTION FINANCE
CORPORATION, TRANSMITTING A REPORT COVERING THE
ACTIVITIES OF THE RECONSTRUCTION FINANCE CORPORATION
FOR THE THIRD QUARTER OF 1937, AND FOR THE PERIOD FROM
THE ORGANIZATION OF THE CORPORATION ON FEBRUARY 2,
1932, TO SEPTEMBER 30, 1937, INCLUSIVE
DECEMBER
7, 1937.-Referred to the Committee on Banking and Currency and
ordered to be printed
RECONSTRUCTION FINANCE CORPORATION,
Washington, December 7, 1937.
The SPEAKER OF THE HousE OF REPRESENTA TIVEs.
Srn: Pursuant to the provisions of section 15 of the Reconstruction
Finance· Corporation Act, as amended, the Reconstruction Finance
Corporation has the honor to submit the following report covering its
operations for the third quarter of 1937, and for the period from the
organization of the Corporation on February 2, 1932, to September 30,
1937, inclusive.
OPERATIONS-THIRD QUARTER OF
1937
During the third quarter of 1937, the operations of the Corporation
were as follows:
Under section 5 of the Reconstruction Finance Corporation Act,
as amended, 28 loans were authorized, which, together with increases
in loans previously approved, aggregated $47,767,603.72, as follows:
$26,022,398.14, to banks and trust companies (including $25,822,398.14 to aid in the reorganization or liquidation of closed banks);
$16,742,905.58, to mortgage loan companies; $5,000,000, to a railroad;
and $2,300, to borrowers engaged in the fishing industry.
Under section 5d of the Reconstruction Finance Corporation Act,
as amended, the Corporation made 73 authorizations to industrial or
commercial business aggregating $5,516,850, as follows: Loans,
$4,974,000; purchases of participations, $280,100; and agreements to
purchase participations, $262,750.
Under section 5e of the Reconstruction Finance Corporation Act,
as amended, 12 loans on the assets of closed banks and trust companies
were authorized, which, together with an increase in a loan previously
approved, aggregated $1,860,569.81.
32187-38-1
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REPOR'l' OF RECONSTRUCTION FINANCE CORPORATION
Under section 201 (d), title II, of the Emergency Relief and Construction Act of 1932, five loans were authorized, which, together with
an increase in a loan previously approved, aggregated $235,205,000.
Under section 304, title III, of the act approved March 9, 1933, ~
amended, the Corporation made 30 authorizations. These authorizations, together with an increase in an authorization previously made,
aggregated $1,869,650, as follows: Subscriptions for preferred stock
of banks and trust companies, $1,436,000; and purchases of capital
notes or debentures of banks, $433,650.
Under section 36, title II, of the Emergency Farm Mortgage .Act
of 1933, as amended, 31 loans to or for the benefit of drainage, levee,
irrigation, and similar districts, etc., were authorized, which, together
with increases in loans previously approved, aggregated $2,957,940.23.
Under the act approved April 13, 1934, as amended, six loans to
finance the repair of damage by earthquake, flood, or other catastrophe, aggregating $20,800, were authorized.
Under section 14 of the act approved June 19, 1934, as amended,
which empowers the Corporation to make mining loans, etc., nine
loans, aggregating $683,000, were authorized.
Under the act approved August 24, 1935, one loan to a tax-supported
public-school district, in the amount of $579.53, was authorized.
Summarizing the foregoing, 195 authorizations were ma.de during
the third quarter of 1937. These, together with increases in authorizations previously made, aggregated $295,881,993.29. Cancelations
or withdrawals of authorizations made during the third quarter and
previously aggregated $335,912,357.87.
Disbursements during the third quarter of 1937 were $76,373,159.88;
and repayments, $111,773,661.20. The decrease in the amount outstanding on September 30, 1937, as compared with June 30, 1937,
was $35,400,501.32.
OPERATIONS-FEBRUARY 2 1 1932 1 TO
SEPTEMBER 30 1 1937 1 INCLUSIVE
During the entire period from the organization of the Corporation
on February 2, 1932, to September 30, 1937, inclusive, the follo"'ing
were authorized:
Under section 5 of the Reconstruction Finance Corporation .Act,
as amended, 19,515 loans to 9,127 institutions, aggregating $4,593,056,320.72, were authorized, as follows: $2,515,033,250 to 7,361 banks
and trust companies (including $1,180,809,621.35 to aid in the reorganization or liquidation of closed banks); $147,243,932.50 to 1,012
building and loan associations (including $25,141,957.84 to receivers
of closed building and loan associations); $103,006,858.28 to 133
insurance companies; $536,780,591.36 to 412 mortgage loan companies; $642,967.80 to 7 credit unions; $399,636,000 to 12 Federal
land banks (including $193,618,000 representing refinancing of loans
previously made by the Corporation to Federal land banks for different
mdividual amounts, but in the same aggregate amount); $24,221,572.68 to 26 joint-stock land banks; $9,250,000 to 8 ·Federal intermediate credit banks; $6,120,867.59, to 20 agricultural credit corporations; $178,840,452.48 (rediscounts) to 12 regional agricultural
credit corporations and their branches; $14,758,827.88 to 20 livestockcredit corporations; $643,597,795 to 75 railroads (including $18,946,708
to railroad receivers and $5,719,252 to trustees of railroads); $26,089.27
to 7 processors or distributors to pay processing taxes; $13,087,715.88
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REPORT OF RECONSTRUCTION FINANCE CORPORATION
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to a State fund created for the purpose of insuring repayment of deposit-a of public moneys; and $809,400 to 21 borrowers engaged in
the fishing• industry.
Under section 5c of the Reconstruction Finance Corporation Act,
as am.ended, four subscriptions for capital stock of two mortgageloan companies, aggregating $26,250,000, were authorized.
Under section 5d of the Reconstruction Finance Corporation Act,
as amended, 2,482 authorizations to 2,210 industrial or commercial
businesses, aggregating $161,974,356.62, were made as follows: Loan:;;i
in the amount of $140,937,333.73 to 1,839 businesses; purchases of
participations in the amount of $13,532,029.16 in loans to 251 busi,
nesses; and agreements to purchase participations in the amount of
$7,504,993.73 in loans to 120 businesses.
Under section 5e of the Reconstruction Finance Corporation Act,
as amended, 148 loans, aggregating $17,056,561.99, on the assets of
147 closed banks and trust companies, were authorized.
Under the Emergency Relief and Construction Act of 1932, as
amended, 823 authorizations to 333 applicants, aggregating $2,305,891,352.85, 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 $399,217,487.36 were authorized to
176 applicants for self-liquidating projects, and loans aggregating
$10,450,232.20 were authorized to 6 applicants for financing the repair
or reconstruction of buildings damaged by earthquake, fire, tornado,
or cyclone in 1933; under section 201 (c), title II, loans aggregating
$53,370,955.22 were authorized to 3 applicants for the purpose of
financing sales in foreign markets of agricultural surpluses; and under
section 201 (d), title II, loans aggregating $1,542,852,678.07 were
authorized to 104 applicants to aid in financing the carrying and
orderly marketing of agricultural commodities and livestock, produced
in the United States (including authorizations of $1,457,248,664.99
to the Commodity Credit Corporation).
Under section 304, title III, of the act approved March 9, 1933, as
a.mended, 8,555 loans on and subscriptions for preferred stock, and
purchases of capital notes or debentures, of 6,832 banks and trust
companies, aggregating $1,285,444,839, were authorized, as follows:
Loans secured by preferred stock of 272 banks and trust companies,
$23,274,755; subscriptions for preferred stock of 4,094 banks and trust
companies, $831,057,634; and purchases of capital notes or debentures
of 2,893 banks and tmst companies, $431,112,450.
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, $34,27 5,000; 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, 902 loans to or for the benefit of 617 drainage, levee,
irrigation, and similar districts, etc., aggregating $136,389,291.08,
were authorized.
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REPOR'l' OF RECONSTRUCTION FINANCE CORPORATION
Under the act approved April 13, 1934, as amended, 702 loans to
667 borrowers to finance the repair of damage by earthquake, flood,
or other catastrophe, aggregating $5,784,688.75, were authorized.
Under section 14 of the act approved June 19, 1934, as amended,
129 loans to 115 borrowers engaged in the business of mining, milling,
or smelting of ores, etc., aggregating $11,030,500, 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, 27 loans to 26 tax-supported public-school districts or other similar public-school authorities
m charge of public schools, aggregating $2,006,800, were authorized.
Under section 3 (a) of the Rural Electrification Act of 1936, one loan
in the amount of $46,500,000 was authorized.
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Summarizing the foregoing, authorizations aggregating $8,671,759,711.01 were made during the period from February 2, 1932, to
September 30, 1937, inclusive. Of this amount, $1,737,683,535.71
was later withdrawn or canceled, and $6,387,559,150.06 was disbursed. Repayments amounted to $4,394,583,782.29, leaving $1,992,975,367.77 outstanding on the books of the Corporation at the close
of September 30, 1937.
In addition, the Corporation had outstanding on September 30,
1937, agreements to make authorizations, totaling $167,073,334.65
upon the performance of specified conditions.
REGIONAL AGRICULTURAL CREDIT CORPORATIONS
Under section 84 of the Farm Credit Act of 1933, as amended, with
the approval of the Governor of the Farm Credit Administration, the
Corporation, during the third quarter of 1937, authorized reductions
in the capital of five regional agricultural credit corporations, as follows: The Regional Agricultural Credit Corporation of Fort Worth,
Tex., from $1,250,000 to $450,000; of Mmneapolis, Minn., from
$8,100.000 to $6,300,000; of Sioux City, Iowa, from $900,000 to
$500,000; of Spokane, Wash., from $1,800,000 to $800,000; and of
Wichita, Kans., from $1,800,000 to $800,000.
This Corporation was advised in September 1937 that the Farm
Credit Administration, pursuant to authority contained in the Farm
Credit Act of 1937, had ordered and effected the consolidation of six
regional agricultural credit corporations, the names and outstanding
capital stock of which are as follows:
Regional
Regional
Regional
Regional
Regional
Regional
Agricultural
Agricultural
Agricultural
Agricultural
Agricultural
Agricultural
Credit
Credit
Credit
Credit
Credit
Credit
Corporation
Corporation
Corporation
Corporation
Corporation
Corporation
of
of
of
of
of
of
Albany, N. y ___________ $125,000
Baltimore, Md__________
25, 000
Raleigh, N. C___________
2,\ 000
Columbus, Ohio_________
25,000
Jackson, Miss__________
:?5, 000
St. Louis, Mo___________
25,000
and that the Governor of the Farm Credit Administration had granted
a charter to the Regional Agricultural Credit Corporation of Washington, D. C., to receive the assets and assume the liabilities of the
foregoing consolidated regional agricultural credit corporations.
In this connection, the Reconstruction Finance Corporation, in
September 1937, authorized the release of the stock certificates
evidencing the capital of the regional agricultural credit corporations
so consolidated upon delivery to this Corporation of a stock certificate
evidencing the capital stock of the Regional Agricultural Credit
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REPORT OF RECONSTRUCTION FINANCE CORPORATION
5
Corporation of Washington, D. C., in the face amount equal to the
aggregate face amount of the certificates of stock to be released.
PAYMENTS TO THE SECRETARY OF THE TREASURY
Under section 2 of the Reconstruction Finance Corporation Act,
as amended by section 6 (f) of the Federal Home Loan Bank Act, and
pursuant to the request of the Secretary of the Treasury, the Corporation during the third quarter of 1937 paid $1,000,000 to the Secretary
of the Treasury to enable him to make payments upon stock of Federal
home loan banks subscribed for by him. This made a total of
$121,514,000 so paid through September 30, 1937.
SECURITIES PURCHASED FROM FEDERAL EMERGENCY ADMINISTRATION
OF PUBLIC WORKS
Under the Emergency Appropriation Act, fiscal year 1935, approved
June 19, 1934, the Corporation during the third quarter of 1937, agreed
to purchase $1,905,700 net face amount of marketable securities from
the Federal Emergency Administration of Public Works, to be held
and collected or sold at a later date.
From June 19, 1934, to September 30, 1937, inclusive, the Corporation purchased from the Federal Emergency Administration of Public
Works securities having a par value of $501,529,421.47. Of this
amount, securities having a par value of $4001014,934.29 were sold at
a. premium of $12,097,384.91 (including secunties having a par value
of $59,645,724.82 sold to issuers prior to maturity at a premium of
$327,375.74). Securities having a par value of $15,893,122 purchased from the Federal Emergency Administration of Public Works
were subsequently collected at maturity, and securities having a par
value of $85,621,365.18 were held at the close of business September
30, 1937. In addition, the Corporation had agreed to purchase at
par, to be held and collected or sold at a later date, such part of
securities having an aggregate par value of $99,354,000 as the Federal
Emergency Administration of Public Works is in a position to deliver
from time to time. Of this $99,354,000, purchases of securities
authorized amount to $84,556,000, and agreements to purchase
securities upon the performance of specified conditions amount to
$14,798,000.
PAYMENTS TO THE FEDERAL HOUSING ADMINISTRATOR
Under section 4, title I, of the National Housing Act approved
June 27, 1934, the Corporation during the third quarter of 1937 paid
$4,500,000 to the Federal Housing Administrator. This made a
total of $55,621,074.55 so paid through September 30, 1937.
DISASTER LOAN CORPORATION
Under the act approved February 11, 1937, as amended, creating
a Disaster Loan Corporation with nonassessable capital stock, and
empowerin~ it to make such loans as it may determine to be necessary
or appropnate because of floods or other catastrophes in the years
1936 or 1937, the Corporation during the third quarter of 1937, subscribed and paid for $2,000,000 of the capital stock of Disaster Loan
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REPORT OF RECONSTRUCTION FINANCE CORPORATION
Corporation. This made a total of $8,000,000 so subscribed and
paid for through September 30, 1937.
NOTES OF THE RECONSTRUCTION FINANCE CORPORATION
During the third quarter of 1937, the Corporation sold $5,000,000
series L--3 note; $20,000,000 series L--4 notes to the Secretary of the
Treasury; and $125,366,000 series K notes; redeemed its series L-2
note to the extent of $130,000,000; redeemed and canceled $15,000,000
of its series L--4 notes; and $84,878,000 of its series H notes.
As of September 30, 1937, there were outstanding $3,781,122,666.67
of the Corporation's notes, as follows:
Series
Series
Series
Series
Series
K ______________________________________________ _
L-l ____________________________________________ _ $296,122,666.67
2,640,000,000.00
L-2 ____________________________________________ _ 815,000,000.00
L-3 ____________________________________________ _
25,000,000.00
L-4 ___________________________________________ _
5,000,000.00
TotaL __________________________________________ 3, 781, 122, 666. 67
The following tables are attached:
TABLE 1. Aggregate loan and other authorizations, purchases of securit.ies from
Public Works Administration, and allocations to other governmental agencies,
by classes, from February 2, 1932, to September 30, 1937, inclusive, and commitments outstanding, by classes, as of September 30, 1937.
TABLE 2. Aggregate loan and other authorizations, by classes, during the third
quarter of 1937.
TABLE 3. Number of.authorizations and number of new borrowers, etc., to which
authorizations were made, by States, during the third quarter of 1937.
TABLE 4. Number of authorizations and borrowers to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, and disbursements from February 2, 1932, to September 30, 1937, inclusive, by States.
TABLE 5. Loan and other authorizations, by character of loans, etc., from February
2, 1932, to September 30, 1937, inclusive.
·
TABLE 6. Amount of authorizations, disbursements, repayments, and amounts
outstanding from February 2, 1932, to September 30, 1937, inclusive, by classes
and months.
TABLE 7. Loans to aid in the reorganization or liquidation of closed banks and
trust companies from February 2, 1932, to September 30, 1937, inclusive, by
States (includes loans to receivers, liquidating agents, and conservators, and
loans through mortgage Joan 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 September 30, 1937, inclusive; and outstanding as of September 30,
1937 (under sec. 304, title III, of the act approved March 9, 1933, as amended).
TABLE 9. Loans authorized (and commitments outstandfng as of September 30,
1937) to industrial or commercial business under section 5d of the Reconstruction Finance Corporation Act, as amended (including purchases of participations, and agreements to purchase participations, in loans), by size of loans,
from June 19, 1934, to September 30, 1937, inclusive.
TABLE 10. Loans authorized (and commitments outstanding as of September 30,
1937) to industrial or commercial business under section 5d of the Reconstruction Finance Corporation Act, as amended (including purchases of participations, and agreements to purchase participations, in loans), by industries,
from June 19, 1934, to September 30, 1937, inclusive.
TABLE 11. Loans on self-liquidating projects, by types of project (under sec. 201
(a), title II, of the Emergency Relief and Construction Act of 1932, as amended),
from February 2, 1932, to September 30, 1937, inclusive.
TABLE 12. Number of borrowers and amounts of loans authorized under section
5 of the Reconstruction Finance Corporation Act, as amended, from Februarv
2, 1932, to September 30, 1937, inclusive, by size of cities or towns.
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REPORT OF RECONSTRUCTION FINANCE CORPORATION
7
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 September 30, 1937.
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TABtE 14. Statement of cash receipts and expenditures during the third quarter,
July 1, 1937, to September 30, 1937, inclusive (Corporation's accounts with
Treasurer of United States).
TABLE 15. Statement of cash receipts and expenditures during the 9 months,
January 1, 1937, to September 30, 1937, inclusive (Corporation's accounts with
Treasurer of United States).
TABLE 16. Statement of condition as of the close of business, September 30, 1937.
Respectfully,
JESSE H. JONES, Chairman.
GEORGE R. COOKSEY, Secretary.
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!.-Aggregate loan and other authorizations, purchases of securities from Public Works Administration, and allocations to other governmental agencies , by classes, f rom Feb. 2, 1932, to Sept. 30, 1937, inclusive, and commitments outstanding, by classes, as of Sept. 30, 1937
TABLE
00
PART I. LOAN AND OTHER AUTHORIZATION S
Withdrawn or
canceled
Authorized
Repaid
Disb ursed
Outstand ing as
of Sept. 30, 1937
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Loans under sec 5 of the Reconstruction Finance Corporation Act, as amended :
Banks and trust companies:
Receivers, liquidating agents, and conservators ............................... $1,180,809,621.351 $268,202,082.281 $840,31 1,273.031 $782,301,143.20
Others 2..• • • • .• ..••.....•. •. •••.. •. ..••••• •• • •• •••••••• ••.••• •. ••... •. .••.•.. I, 334, 223, 628. 65
196,326,374. 05 I, 137, 717, 54 I. 93 !, 035, 974, 128. 33
Total, banks and trust companies
2,515,033,250.00
464,528,456 33 I, 978,028,814.96 I , 818,275, 271.53
!
~~g:;;~~~:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Total, building and loan associations....... . ............... . ....... .... .. . ..
Insurance companies.......................................... ...... .... . ..... ... .
Mortgage loan companies:
To aid in the reorganization or liquidation of closed banks .................... ,
To industrial or commercial business.........................................
To The RFC Mortgage Co...................................................
Others..................................... . ..... .... ... . ... . .................
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147, 243,932.50
2
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103,006,858.28
~~g:
729. 25
~:
, 153. 98
28,851 , 883. 23
13,331 , 441. 86
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Agri_cultural _credit corporations .... . , ... ..........•...... .••..... . ..•. .. .. ...... .. /
Regional agncultural creq1t corporations......................................... .
L ivestock credit corporations................. . . ...... ............ .......... . .....
Railroads:
~r:~~~~~.~~~.'.~~~~~~~::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Processors, or distributors subject to p rocessing taxes__ _______ ___ _________________
State funds created for the purpose of insuring repayment of deposits or pubHc
moneys ___ _______ __ ____ _____ __ _________ __________________ ______________________ _\
Borrowers engaged in tho fishing industry _ -- ---------- - ------------------------ - T o t.a l, sec. 5 of t.bo Roconatructlon Ft:nanoe Corporation Act, ns aDl.ended_ __
;:.:;·::.. 7.
83 I
z
1-3
89,675,416.42 l=======J=======
~
z
0
116,307. 22
23,821, 169.00
513, 305, 070. 11
- -- - - - - - 1
11-------
I
i =======
- - - - - - - 1- - - - - - - 1
643,597,795. 00
26,080.27
I
I
13,087,715.88 \
~
809,400.00
4,503,050,320. 72
.
;
106,393 , 555. 80
11, 3'. 'l. 21
23, 084. 70
77, 9 DO.DO
..
17
760, 2 54
E · . 654
- - · . ·-
537, 126, 239. 11
14,718.06
I
13, 064,631.18
7l9, 375. 00
I a.- -73 -t. -0 24,
- · -7 56.
-- 0~ .1-
r-··
§....
"'.l
ll=======l,=======
791.00
105. ~·, 764. 89
~
~
388, 395. 091. 74
6CO, 095. 79
'387,236,000.00
17,919,621.38
9, 250, 000. 00
5,643,618.22
173, 243, 640. 72
13, 101,598. 69
477, 249. 37
5,596 , 811. 76
1,657, 229. 19
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Total, railroads. ................ ............................ ................
.:.:.: :.;::..·;:.:.:.:;:·...~-
6,120,867.59
178,840,452.48
14, 758,827.88
0
"(fl
JOO, 713,117.49
5,70 1,835.15
50,647,547.42
231,332,591.68
!0~l1iiiiblt~!rii~~~i~:~i~~/~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~!~~ ·~i: rJ~ m: ~ ....:~~~:
::·:~;:::: ·i::::=.
$58,010, 129. 83
IOI, 743,413.60
159, 75:l, 543. 43
2,283,574. 66
114,722,320.68
11 7, 005, 895. 34
119,474,123.581
17,511 , 506. 09
16,422,275.00
10, 720, 439. 85
63,720,787. 8~ ... .. . ... .
337, 163,404. 96
IOI, 888 , 049. 62
1-- - - - - - 1 - - Total, mortgage loan companies....... . .................. .. ................
536,780,591.36
130, 11 9, 995. 56
8 72.01
l,000. 00
3
803. 06
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Building and loan associations:
0
1-3
- ~-:_ . : _ ~ _
..,,..-,, .. , , ,;... .-..., i. uu
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s-:.ro~~r1.f7~a','?;;','!o 'Co~=rl::.i:;o.A.tlt,g:;l~~g~~cf:nn IM undor soc. lSc of the Rocon
25. 000, 000. 00
1, 250, 000. 00
1, 250, 000. 00
Total, sec. 5c or the Reconstruction Finance Corporation Act, as ame
26, 2!i0, 000. 00
I, 2!i0, 000. 00
140, 037, 333. 73
13, 532, 029. 16
7, 504, 993. 73
43, 881, 586. 20
5, 008, 096. 85
3, 559, 186. 30
85,412, 433. 43
7, 524, 743. 48
158,945.00
17, 767, 702, 46
2, 197, 522. 27
29,532. 19
67, 644, 730. 97
5, 327, 221. 21
129,412.81
161,974,356. 62
52, 448, 869. 35
93,096,121.91
19,994, 756.92
73,101,364. 99
17,056,561.99
689,861.42
12,458,291. 82
11, 284, 294. 03
1,173,997. 79
Authorizations to industrial or commercial business under sec. 5d or the Recon
tion Finance Corporation Act, as amended:
Loans ••• ···· - ---·-··- ·----- - --· · ·-- - - - - --------- - - -·---- -- - -------- --Purchases orto
participations
____ - - ----- -_____________
- ----- - - - ----_________
-- - ---------___
- ---Agreements
purchase participations
__ -___
___
Total, sec. 5d or the Reconstruction Finance Corporation Act, as ame
Loans oo the assets or closed banks and trust companies under sec. 5e or the R
structioo Finance Corporation Act, as amended __ - -------- -- ------- - -· · ·
Authorizations under the Emer11:ency R elief and Construction Act or 1932, as ame
Loans on sell-liquidating projects, sec. 201 (a), title IL ___ ____ ______ _______ _
Loans !or financing repai r ol damage by earthquake, fire, tornado, or eye)
1933, sec. 201 (a) (Ol, title IL ______ ____ ________ _______________ ___ ________ _
L oa ns for fin ancing expor ts ol agricultural surpluses, sec. 201 (c) , title IL ___
L oan s !or fin a ncing o l agricultural commodities and livestock, sec. 201 (d), t
Commodity C redit Corporation ..• ____ ____ ___________ ____ _________ _. __
0 tbers .. __ . __ __ ___ _. _. _. __ . _______ _________ _____ _____ . _____ __.. _____ . __
0
~:;;a·
Total, sec. 201 (d), title
0
a.
~
(;)
0
~
~
'25, ooo. 000. 00 ---- -------------25, 000, 000. 00
------ --- --- ------ ------------------- ---- -------- -- -25, 000, 000. 00
25, 000, 000. 00 ------------------
--rh o ·aJ;"'O Mortgogo C0------------- - - - - - - - ----- - - - --------------- - --- 0 tbors .•. ___ _• - - - - - - . - - - -- ___ - - - - ____ _ - - - ___ - . .. - • _ __- --- . __ ___ . _______ _
Total, Emergency Relie f and Constru ction Act ol 1032, as amended. ____ _
Authori,.atioos under sec. 30-I, title III , ol tbe act approved Mar. 9, 1933, as ame
Loans oo 11rererred stock ol banks and trust companies ___ __________ ____ __ __
Subscri ptions !or p rererred stock ol banks aod trust compa nies __ _____ _____ _
Purchases ol ca pital notes or d ebentures ol banks and trust companies _____ _
Total, sec. 30-1, title II I, ol tbe act app roved Mar. 0, 1933, as amended __ __
==
399,217,487.36
30, 913, 243. 14
277, 560, 506. 48
55, 136, 972. 28
222, 423, 534 . 20
10, 450. 232. 20
53, 370, 055. 22
1,921, 124. 10
33, 146, 368. 56
8,529, 108. 10
20, 224, 586. 66
1, 847,076.15
20,177,690. 67
6, 682. 031. 95
46, 805.99
1,457,248,664.99
85,604, 013. 08
565,274,981.00
65, 950, 463. 70
664,421, 353. 18
19,354,491. 78
661,060,328. 71
18, 428, 780. 28
1, 542, 852, 678. (YI
631,225,444. 79
683, 775, 844. 96
679, 489, 108. 99
4, 286, 735. 97
300, 000, 000. 00
15, 001.00
299, 984, 099. 00
17, 080. 858. 00
282,004,141.00
2, 305, 891, 352. 85
697,221,181. 59
1, 290, 075, 045. 20
773, 731,706.00
516,343,339. 11
3,361,024.47
925,711.50
23, 274, 755.00
83 1,057,634. 00
43 1,11 2,450.00
5, 126, 025. 00
73, 665, 260. 77
90,512,000.00
18, 148, 730. 00
723,05 1,373. Zl
340, 367,350.00
7,062,649. 46
288,357,047.60
189, 970, 538. 02
II, 086, 080. 54
435, 593, 425. 63
150, 396, 811. 98
-----1,285,444, 839. 00
169,303, 285. 77
1, 082, 467, 453. 23
485,301,135.08
597, fYl6, 318. 15
Loans und er sec. 5, title I, ol the A~riculturnl Adjustment Act ol 1933, as ameode
23, 500, 000. 00
20, 200, ®(). 00
3, 300, 000. 00
3, 300, 000. 00
------------------
Authorizations under sec. 1 ol the act approved June 10, 1933, as amended:
Loans on preferred stock ol insurance com panies .. _________ _______________ _
S ubscri ption !or preferred s tock ol an insurance company.
34, 27 5, 000. 00
100, 000.00
- ------ -------- ------------------- -
34, 27 5, 000. 00
100,000.00
6, 568, 699. 23
27,706,300. 77
100,000. 0()
Total, sec. I o (the ac t appro ved June 10, 1933, as amended ___ ___ _____ ___ _
34,375, 000.00
------------------
34,375,000.00
-------------- ---6, 568, 699. 23
27, 806, 300. 77
=-'
~
0
~
~
0
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....
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0
See lootnotes a t end of table.
~
!.-Aggregate loan and other authorizations, purchases of securities from Public Works Administration , and allocations to other govern- .....
0
mental agencies, by classes, from Feb. 2, 1932, to Sept. 30, 1937, inclusive, and commitments outstanding, by classes, as of Sept. 30, 1937Continued
TABLE
PART I. LOAN AND OTHER AUTHORIZATIONS-Continued
~
Authorized
Loans to or for the benefit of drainage, levee, irrigation, and similar districts under sec.
36, title II, of the Emergency Farm Mortgage Act ol 1933, 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:
To industrial or commercial business __________________________ _______________ ___ __
To others _____ ___ _____ ______________________________________ ________ ______________
Tot~!, act approved Apr. 13, 1934, as amended __ __ ________________ ______ __ __ ____
Loans to borrowers engaged in the m ining, milling, or smelting of ores, under sec. 14 of
tbe act approved June 19, 1934, as amended ______________ _____ ___ _____ ______________
Loan to a public-school authority for payment of teachers' salaries due prior to June 1,
1934, under sec. 16 or the act approved June 19, 1934, as amended ___ _____ _________ __ _
0
cg:
N.
Withdrawn or
canceled
Disbursed
Repaid
I
Outstanding as
of Sept. 30, 1937
$136, 389, 291. 08
$17,891,395.88
$78,570, 914. 05
$1,300, 516. 20
$77,180, 397.85
0
4, 072, 726. 00
1, 711, 962. 75
820, 590. 00
1,277,397.53
886,372. 75
2,474, 274.47
114,892. 72
1, 180,542.80
771,480.03
1,293,731.67
0
5, 7S4, 688. 75
2,097,987. 53
3,360,647. 22
1, 295, 435. 52
2, 065, 211. 70
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8
11, 030, 500. 00
6, 586, 000. 00
2,957,500.00
792,694.21
2, 164, 805. 79
~
c:::
0
500, 000. 00
200,000.00
Loans to or for the benefit of tax-supported public-school districts, or other similar
public- school authorities, In charge of public schools, under the act approved Aug.
24, 1935 __ -- ---------- ----- ---- ·-------- -------- -------------------------------- -----
2, 006, 800. 00
540,300. 00
Loan to Rural Electrification Administration, under tbe act approved May 20, 1936 __
46, 500, 000. 00
Grand total, part I (loan and other authorizations) ___________________ _________ __
8,671, 759, 7ll. 01
22,
------------- ----1, 737, 683, 535. 71
22, 300, 000. 00
22, 300, 000. 00
148. 420. 02 - - - ------------ ---
8
--------------- ---
....
~
148,420. 02
l,:j
8, 425, 000. 00
2,425. 46
8,422,574. 54
6, 387, 559, 150. 06
4, 394, /i83, 782. 29
1,992,075, 367. 77
~
z
0
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PART II. PURCHASES OF SECURITIES FROM PUBLIC WORKS ADMINISTRATION
0
Amount of purchases authorized
~
~
l,:j
~
(1)
Q_
~
~
~
8
Grand total, part IL _______________________________________________ --------- - ---------
$589, 159, 555. 01
Amount withdrawn or canceled
$1, 980, 000. 00
0
Amount disbursed (purchased)
Amount repaid
(sold or matured)
$502, 623, 555. 01
$417, 002, 189. 83
Amount outstanding as of
Sept. 30, 1937
$85, 621, 365. 18
~
~
~
....
8
~
PART Ill. ALLO C ATION S TO OTHER GOVERNMENTA L AGEN C IES
Amount allocated
IAmount disbursed
l:d
Allocations:
Secretary or Agriculture ror crop loans . _____ _________ ________ ______ _____________ _____ _-------- -- - ---- --- - ------- ----- ---------- ----- - -from amount originally allocated to Secretary or Agriculturo--includes
Capital or regional agricultural credit corporations (reallocated
$34,500,000 held in revol ving rund) __ - --- --- -------- ---------------- _____________ ___ ___ _________ _______________ ___________________ , __ _
originally allocated to Secrotary of Agriculture) ___________________ ___ _
amount
from
(reallocated
Administratiou
Credit
Farm
or
Governor
Total originally allocated to Secretary or Agriculture lor crop loans ____ ___ ___ _________________ ____ ___ ___ ____ ______________________ _____ _
Regional agricultural credit corporations ror expenses prior to May ZI, 1933 ______ _____ ____ ____ _____________________ ____________________ _
Regional agricultural credit corporations lor expenses since May 26, 1933 ___ ___ ___ ________ ________ ____ __ _______________________ ________ _
Secretary ol the Treasury to pay lor capital ol Federal home-loan banks ___________ ____ _______________ ________ _________________ _____ ___ _
Land Bank Commissioner to make Joans to Joint-stock land banks _____ _______ ____ _______ _____________________________________________ _
Farm Mortgage _
by reallocation. to Federal ________________
reduced
allocation
original
to !armers ($200,000,000
loans
to make
Bank Commissioner
Land
_____________________________
____ _________
__ _____
___ _____ _______
________________
_______
__ _______________
Corporation)
Federal Farm Mortgage Corporation to make Joans to !armers (reallocated from $200,000,000 originally allocated to Land Bank Com mis-- ---------------------------- --- ------------ -------------- ------------------------------ ------------------------ --the
sioner> --or
_____ _
_____ _______ _____
___ ___ ________
____________
Loan Corporation ______
ol Home- -Owners'
capital
Treasury to pay ror
Secretary
___ _
disbursed ; total allocation not limited to s pecific amounts) _________________
Federal Housing Administrator (amount stated is amount
_
_______
___________________________
___________________
_______
___
___________
______
__
Commodity Credit Corporation- Purchase ol stock
upon
stock
purchase
to
required
is
Corporntion
; the
Disaster Loan Corporation- Purchase ol stock (amount stated is amount dis bursed
_
request or the Disaster Loan Corporation up to hut not exceeding $20,000,000) __ ________________ _______________________________________ _
'l'otal to other governmental agencies by direction ol Congress ___ _____________ __________________ ________ _______ __ ______ '. _______ ___ _
],' or direct relief under Federal Emergency Relief Act ol 1933 ________________________ ___ ___________________________ _______ __________ ___ _
For direct relief under Emergency Appropriation Act, fiscal year 1035 ________ _______ _____________ ____ ____ ____________ _________________ _
For direct relief under Emergency Relic! Appropriation Act, 1935 _____ _____ ___ _____ ___ ___ ___ ________________________________________ __ _
Total allocations for direct relief by direction ol Congress
0
cg:
[
Total allocations to other governmental agencies and for direct
Interest on notes issued for runds lor nllocations and relief advances __________ ____ ______ _______ ______ ___________ ______________ _____ _______ __
Grand total, part III (allocat.ions to other governmental agencies) __" ___ _____ ___ _______ ___ __________ ___ _____________________________ __
~
(;)
0
-
~
rv
$115,000,000.00
$115,000,000.00
44, 500, 000. 00
40, 500, 000. 00
44, 500, 000. 00
40, 500, 000. 00
200, 000. 000. 00
200, 000, 000. 00
t'.l
'ti
0
~
t-3
0
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3, 108, 'J:18. 64
13, 777, 500. 00
124, 741 , 000. 00
100, 000, 000. 00
3, 108, 'J:18. 64
12, 481,652.92
121, 5H, 000. 00
2, 600, 000. 00
I 45, 000, 000. 00
145, 000, 000. 00
0
55, 000, 000. 00
200, 000, 000. 00
55,621, 074.55
97, 000, 000. 00
5/i, 000, 000. 00
200, 000, 000. 00
55. 621, 074. 55
97, 000, 000. 00
00
8, 000, 000. 00
8, 000, 000. 00
I, 002, 247,853.19
900, 32/i, 006. 11
500, 000, 000. 00
500, 000, 000. 00
500, 000, 000. 00
' 409, 909, 880. 89
500, 000, 000. 00
500, 000, 000. 00
' I, 500, 000, 000. 00
' I, 409, 909, 880. 89
2, 502, 247, S.'i3. 19
24,028, 567.66
2,400, 324,887.00
23,195,857.06
2, 526, 276, 420. 85
2, 423, 520, 744. 06
l:d
t,,j
0
z
t-3
~
Cl
0
t-3
0
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...."'.l
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0
0
~
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See footnotes at end or table.
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1--'
1--'
!.-Aggregate loan and other authorizations, purchases of securities from Public Works Administration, and ailocations to other governmental a{iencies, by classes, from Feb. 2, 1932, to Sept. 30, 1937, inclusive, and commitments outstanding, by classes, as of S ept. 30, 1937Continued
TABLE
>--'
t,,;)
PART IV. COMMITMENTS OUTSTANDING AS OF SEPT. 30, 1937
~
[Conditional agreements to make loans, or other authorizations, upon the performance of specified conditions]
Amount of
commitments
Under sec. 5 of the Reconstruction Finance Corporation Act, BS amended :
outstanding
Banks and trust companies:
$25,000. 00
Receiver ....... ............. .. ... ........... .............. .... .... ... . . ... .. .. . .......... ....... .. ... ......... ..... .. . ... ...... ..... .. .. . .... .............. .
148,800. 00
Other ....••...•........•.. .•.••••••••• •••.•• ••.•••..................... ......... .............. .••••• .....•......•. •. .. ...... ....•. ....•......•..•...... ..•. .
1, 100, 000. 00
Insurance company ...... ....•.•...•..••••.... .•• • . ••. . ..•... ............... ..................... ...•.• . ••.•••.........• ••. . . ....• .•.••••.•• •......• ..•.•. . .....
Mortgage.Joan companies:
00, 000, 000. 00
~:e~FC.Mortgage Co:: ::::::::::::::::::::::::::::::::: ::::::: ·: ::::: :::::::::::::::::: :::::::::::::::::::::::::::::::::::::::::·:·:::···:·· . ...•..•.• •.• 12, 453, 050. 00
2, 000, 000. 00
Jolnt•stock land bank •. ...•• ••• ••.. •........••..••.....•. •.•• •• • •••••••.• . •.•.•.•• •..•..•..•.. ................ •••••......••••• ••• . •• . ..•.•.•.•.•.••.•....••• .••.
Railroads:
150,000. 00
Receiver .. .. .. ........ ........ .......... .. .. ............... ........ . ......... . . ......... ... .. ...... ... ............. .. ................ . ... ... ......... .. .... .
Others . . •... •..•.... . . •.. ...... ....•...•.••.•• •• •.•.•... ...•..•......... ....•........... .. ......•......•.........•... ........•.•...•.• •·•·•···· ·· ··········· 56, 385, 984. 65
Under sec. 5d of the Reconstruction Finance Corporation Act, BS amended (loans to industrial or commercial business) . . ....•..... . .......•.•.•••.••......•. •••.••. 12, 026, 000. 00
Under sec. 304, title III, of the act ap proved Mar. 9, 1933, BS amended:
6
tr::~~r:a~ ~tt~~~
b~~~and.trustcompanies: :: ::: :::::::::::::::: :: :: ::: ::: :::: :: :: :: :: ::::::: :: ::: :: ::::::: ::::::::: :: :: :::::::::::: :: :: :: ::
4~~: ~::
~~~c~iri~ei~ 1crr
~I
Purchases of capital notes or debentures of banks and trust r.ompanies...... ............................................. .. ..... ............... .... ....... . .. ....
3,165,000. 00
Under the Emergency Farm Mortgage Act of 1933, BS amended (loan to irrigation district) _................•..... . .... ...... ... :....................................
200,000. 00
Under the act approved Apr. 13, 1934, as amended (loan for repair of property damaged by fl ood or other catastrophe)............... . . ................... ... ........
600,000. 00
U nder the net approved May 20, 1936 (to Rural E lectrification Administration) ............................................. ........................................
3,500,000. 00
Under the Emergency Appropriation Act, fiscal year 1935 (purchase of securities from Public Works Administration) .........•..................................... ':[· 14,798,000. 00
Grand total, part IV (commitments outstanding as of Sept. 30,
0
cg:
"'
(1)
Q_
~
CJ
0
~
~
' 167,073,334. 65
SUMMARY OF TABLE I
Amount of author•
izations, allocaAmount with·
tions, and commit- drawn or canceled Amount disbursed
ments outstanding
1
$4, 394, 583, 782. 29
417,002,189.83
Amount outstand•
ing as of Sept . 30,
1937
Part I. Loan and other authorizations ..... ... ......... ... ........... ............. $8,671, 759, 71I. 01
Part II. Purchases of securities from Public Works Administration ....• . ..... ....
589, 159,555.01
Part III. Allocations to other governmental age ncies...................•....•..•.. 2, 526,276,420. 85
--- ----- ---------- -
Total ................................ . .............••....•....... . .......... 11,787,195,686.87
P r rt IV . Commitments outstanding ..•..••..•••.••••.•...• •••...... ••••.••••...• .
' 167,073,334. 65
--------- --- -- --- -- ------------------- -------- ---------·- ---------------- ---
Grand total.. ... . ...• •..•••..•.•........ .••..... ...... ••.•...• ••••••••••• ••. II, 954,269,021.52
$1,737,683,535. 71
I, 980,000.00
Amount repaid
$6, 387, 559, 150. 06
502, 623, 555.01
2,423, 520,744.06
--- ------ --- --- ----
I, 739,663,535. 71
9,3 13,703,449. 13
4, 811, 585, 972. 12
4,502,117,477. 01
I, 739, 663, 535. 7I
9,313,703,449. 13
4,811, 585,972. 12
4,502,117,477.01
7
$1,002,975,367. 77
• 85, 621 , 365. 18
2, 423,520, 744. 06
1
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1 Exotuslvo or rep~ ymonLS unallocated, pendin g ad v ices , a., or 8ept. 30, 1037.
• l ncludos $167,500 authorlted through banks and trust companies to industrial or commercial business, of whicb $62,838.65 was withdrawn or canceled,
and $114,661.36 was dis·
bursed and repaid .
i Includes $103,618,000 representing re0nancing or loans prev iously made by tho Corporation to Federal land banks
for d iffere nt Individual amounts, but In the same aggregate
amount .
.
, Upon certification by the Federal Emergency Relier Administrator, under the Federal E mergency Reher
Act or 1933, the Corporation disbursed $499,650,000 ror relief and $340,·
880 gg to the Administrator ror e,cpenses nccossnry to carry ou t the prov isions of the above act, making a total or $499,099,880.80
so disbursed.
· 1 Exclusive of amounts made available for relief and work relief under the Emergency Relier and Construction Act
of 1932, as amended. 'l' hese amounts are shown in part I above .
, Addendum tc table I, part IV, as of June 30, 1937, which appeared in the report for the second quarter or JQ37:
In additiou to the amount of loans which the Corporation had
approved in principle u pon the performance of certain specified conditions, as stated in part IV of table I of the report
for the second quarter, the Corporation during the recond quarter of 1937 agreed to make a loan to a trust company in the amount of $16,000,000, subject to the performance of certain specified
conditions. This commitment, however, was canceled
in Septem ber I937 .
, Includes $34, 500,000 allorated for revolving fund (capital of regional agricultura l credit corporations) .
~
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8
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TABLE
Withdrawn or
canceled 1
Authorized
Class
Disbursed
74,951,582. 15
47, 767,603. 72
Total, sec. 5 or the Reconstruction Finance Corporation Act, BS amended .... __ •.
Authori zations to industrial or commercial business under sec. 5d or the Reconstruc• i=======ci========i
tion Finance Corporation Act, BS amended:
1,377,121.24
Loans .............•.......... .............................. .........•.••...........
000. 00
4. 974.
31,400. 00
280,100.00
Purchases or participations ..... . .............••........ __ .........••.. _.. _.......•.
88, 845.89
262,750.00
_
.........................•.•.
._
__
Agreements to purchase participations .•• ·-- ••.•.
I
0
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(1)
Q_
~
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~
~
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OutstandingDecrease for tbe
quarter 1
Repaid''
I
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~
1
33, 143, 482. 11
$1,208,155.05
232,573. 34
320,341.98
• 1, 477, 660. 04
29,225.00
495,596. 32
176,445. 70
8,692. 78
45,696. 47
I 1, 959, I 50. 24
• 7,223.35
32,216, 175. 12
• 927, 306. W
§
2, 534, 297. 67
1 105,556.M
5,118.80
0
I
I
I
I
I
9, 482, 144. 151
17, 773, 209. 52
- -- -- - - 1 - - - -- ---1
Total, Emergency Relief and Construction Act or 1932,
BS
amended ..•....•••.•••
235, 205, 000. 00
200, 144, 782. 58
0
l,;J
~
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0
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Ul
8
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2,281 ,019. 15
152,526. 79
13, 238.80
4,815,3 16. 82
258,083. 33
8,120.00
'=======f======'=== ==========='===== ==
'
·
Authorizations on the assets or closed banks and trust companies under sec. 5e or the '
29,404. 75
00, 229. 02
119. 633. 77
24,463. w
1, 860, 569. 81
Heconstruction Finance Corporation Act, as amended.· · -· ····· ··-····-·· · --········
I=====
=
=
=
=
=
i
=
=
=
=
=
i
=
=
=
i=====i==
.
_
. _
Aut honzat1ons under the Emergency Reher and Construction Act or 1932, BS amended :
Soif•liquidating projects, sec. 201 (a), title II (including loans for financing repair
or reconstruction or buildings damaged by earthquake, fire, tornado, or cyclone
::
Fiia~~Ji oTaiic·u.itu~al oommoiii"iies iuici.ii-;,·.;iii:ixik; sec: 2()1·ccii; titleii:::~:::::: =1 ·· ·i:is: 20s:000:00·1 1iJ: Mt m
Amounts made available for relier and work relief, sec. 1, title I. . .......... ........ ··-·- · ··--•-·•-·-- ................ .
8
$15, 429, 627. 33
236, 144. 14
320, 341.98
• 12, 411 , 715. 08
29,225.00
495,596.32
100,209.61
8,692. 78
45, 696. 47
3. 040, 849. 76
8,076. 65
------1--2,---------1-------1-------1-1 2, 634,735.41
446, 784. 74
5. 08 1, 520. 15
I, 497,367. 13
5,516,850.00
econstruction Finance Corporation Act, BS amended ..... . .
I
~
t::1
0
Loans under sec. 5 or the Reconstruction Finance Corporation Act, BS amended:
Banks and trust companies (including receivers, liquidating agents, and con•
• $2,584,079.88 • • $14,221, 472.28
servators) ...........•............................ .... .•..•..•............ ........ • • $26,022,398.14
3,570.80
1,500.00
Building and loan associations (including receivers)................ . ......... ...... ... .••.... .•....• .
................. .
--·-···•-·-•-·····
..•.•...•...•..••....••
...
............
Insurance companies .....•......................•.•.•....•.....
• 13,889,375. 12
• 72,317, 357.82
Mortgage loan compan.ios.. ............................................ ............ • 16,742,005. 58
Credit unions .•.. __ ·--- .. _......... .••.....•. ·---·---·· ... . ..•. ...... .....• .•.. __.. ·--- .... ·--·-- __ ..................................... .
Federal land banks. ····-···- ·---·····---······ ·-········--··--·······-······-··-·· ·-·-·-··-· -· --· -·· ...... ... ................•..........
13. 763. 91
48,644. 45
Joint•stock land banks..................................... ................ ........ ............ ......
: : : : :: : : : :
:
:
:
:
:
:
:
:
:
:
:
:
::
:
:
:
:::
::
:
:
:
:
:
:
:
::
:
:
:
::
:::
::
:
:
:
:
:
::
:::::
:
:
:::
::::
:
:
:
:::
::
:
:::
:
::
:::
::
:
:
::
::::
tfv'!;r~f~ectftd!~::;i;;{;~~~~.s::::::
5,000,000.00
5,000,000.00 .. ................
Railroads (including receivers and trustees). ..... .................. ... ......... ....
15,300.00
···
2,300.00 ·-·•-···--·-···
Borrowers engaged in the fishing industry·-····--·-··-····················-- ·- •···
Total, sec. 5d or the R
,.....
2.-Aggregate loan and other authorizati011s, by classes , during the third quarter of 1987
21, 255, 353. 61
I
275,460. 89
62, 166, 751. 10
176,000.00
• 9, 206, 683. 26
44, 393, Ml. 58
176,000. 00
62, 618, 211. 99
35, 362, 858. 32
1=======1======11 ========
under sec. 304, title IIT, or tho act approved Mar. 9, 1933, as amended:
Authorizations
Loans on preferred stock or banks and trust companies.............................
Subscriptions for preferred stock or banks and trust companies... ........ .. ........
Purchases or capital notes or debentures or banks and trust companies. .......... ..
(1)
r l , 436,000.00
433,650. 00
117,500.00
58,450,000. 00
' 100, 000. 00
r 200, 000. 00
432,350. 00
Total, sec. 304, title III, or the net approl'ed Mar, 9, 1933, as amended........ ....
I, 869,650.00
58,567,500. 00
732, 350. oo
I
1, 027, 791. «
10,172, 473. 60
2, 672. 850. 00
927,791.44
9,972,473.60
2, 140, 500. 00
13, 040, 765. 04
13, na, 115_ 04 I
Il======l======
z
l,j
~
z
~
0
0
~
~
>
8
H
0
z
Lonn s o n p roforr o d s t ock o f l os u r n.n co co u:1 po.nlos u nd o r soc. 1 o f tbo n o t n ppr ovod Ju no
L~.~
•n:: ~t3otr~~uth~ i~~c,ff or -drainage; 1cv~~: -ir;.rgnt1on .-1,11c1 ·s,11·1ifnr cf1Si.riCtts·u11-der sec~ 36, LILio Il, ot Lbo J~m orgency Farm Mortgogo Act o r 1933, o.s amende d ______________ _
166, 2-43. 05
106,243 . 06
5, 081, 825. 38
298,113. 75
• 4, 783, 711 . 63
1
2, 957, 040. 23
Loans to Ouance tbe rnpair of damage by earthq u ake, flood, or o th e r catastrophe in 1933,
1934, J935, and 1936, under the act approved Apr. 13, 1934, asnmended ___ ___ ________ __ _
Loans to borrowers engaged in the mining, milling, or smelting or ores, under sec. 14 or
the act approved June 19, 1934, as amended _________________________________________ _
Loans to or for the benefit ol tax-supported public-school dist, icts or other similar publicschool authorities in charge ol public schools under the act approved Aug. 24, 1935 ...
Lonn to the Rural Electrification Administration under the act approved May 20, 1936 __
Grand
LOLHJ _____ _ _
_______
1
207,362.02
20,800.00
63, 800.00
130, 900. 00
67,058.28
'62,041.72
683,000.00
353,000.00
360,000.00
75,000. 00
• 285, 000. 00
-----------------2,425. 46
___ __________________ l==·=·=-=·=·=·=·=-·=-=·=I========
1
16, 373, 159, 88 I lll, 773, 661. 20 I
579. 53
42,500.00
72,499. 55
4. 42.~. 000. 00
1
72,499.55
1 4, 422, 574. 54
35, 400. 501. 32
' These amounts apply to Joans authorized prior to July l, 1937, as well as to Joans authorized during the third quarter of 1937.
• Exclusive or repayments unallocated, pending advices, as or Sept. 30, 1937.
a Loans authorized to hanks and trust companies include $25,822,398.14 to aid in the reorganization or liquidation ol closed banks.
• Authorizations aggregating $5,475,000, cancelatioos aggregating $155,783.14, disbursements aggregating $5,319,216.86, and repayments aggregating $3,211,761.36, which were included in "Banks and trust companies" during preceding quarters, were transferred to "Mortgage loan companies" during the third quarter or 1937.
1 Durior the t hi rd quarter or 1937 a disbursement in the amount or $9,863.72 was rescinded. This amount has not heeq deducted from disbursements shown above for the third
quarter or 1937, inasm uch as it applied to an amount disbursed in a previous quarter.
e Increase.
7 Ao authorization in the amoun,t or $100,000 and a disbursement in the amount or $100,000, which were included in "Loans on preferred stock of banks and trust companies"
during precerting quarters, were transferred to "Subscriptions ror preferred stock ol banks and trust companies" during the third quarter or 1937.
8 Authorizations made prior to July 1, 19~7, were rescinded during I.he third quarter ol 1937 as follows: Ba.nks and trust companie~, $3,748,606.53 (to aid in the reorganization or
liquidation ol closed hanks); a subscription for stock or a mortgage loan company, $500,oor; industrial or commercial business, $240,000; a purchase or particil)'ltions in loans to industrial
0
cg:N.
(1)
0.
~
CJ
0
~
~
or co mmercial business, $75,000; an agreement to purchase participations in loans to indus trial or commercial Lusiness, $55.000; loans to or for the benefit of drainage, levee, irrigation,
and similar d istricts, $2,7ll ,627.ll; lor.ns to borrowers engaged ;n the mining, milling, or smelting or ores, $440,000; a Joan to or for the benefit ol tax-supported public-school districts
or other similar public-school au thorities in charge or public schools, $579.53. Such rescissions have not been deducted from the authorizations shown above for the third quarter of
IY37, inasmuch as they applied to Imins authorized during previous quarters.
\;:c
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~
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~
0
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0
0
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0
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0
;.,t_::J
0
0
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0
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16
nEPORT OF RECONSTRUCTION FINANCE CORP ORATION
TAB LE
3.- Number of authorizations , and .n umber of new borrowers , etc., to which
authorizations were made, by States, during the third quarter of 1937 1
GRAND TOTAL
State
Number Number
of auof new
thoriza- borrowers
tions
Arizona __________ ___________ .
Arkansas __________ --- _______ .
California ______ _______ ____ __ _
Colorado. ___________________ _
Connecticut_ ___________ --- __ _
Florida __________________ ___ __
Georgia _____________________ _
Idaho _______________________ _
Illinois ___________ . ________ ___
lndiana _____________________ _
Kansas __ ___________________ __
Kentucky ___________________ _
Louisiana_------ ------- --- --_
Maine _______________________
1
2
5
6
10
3
1
1
1
8
g
3
6
5
2
4
3
3
4
5
1
1
1
3
Massachusetts
__ ------------Michigan __ _________________
__
~~J~i~;c_=:=:=:=::::=
:::=:
Missouri_ ______ --------------
3
4
11
1
1
2
7
1
9
4
5
10
2
25
1
Montana ____________________ _
Nebraska ___ __ ______________ _
Nevada _____________________ _
New
--- --------- ----_
New Jersey
Mexico__________________
New York ___________________ _
North Carolina ______________ _
1
25
•
8
1
18
10
2
2
Number Number
or auof new
thoriza- borrowers
tions
State
North Dakota _____________ ___
Ohio_-----------------------Oregon ___ ___________________ _
Pennsylvania _______________ _
South Carolina ______________ _
South Dakota ______________ __
Tennessee _____________ -_____ _
Texas _______________________ _
Utah __________ __ ____________ _
2
2
8
1
7
1
7
1
2
3
3
2
1
----------1
~r::o~~t~~~=::::::::::::=::
3
2
1
2
1
3
2
1
Total. ____ ------ __ ------
100
116
1
1
----------
3
----- -----
195
• 116
~:;~i~~==:::::::::::::::::::
Washington ________ _______ __ _
A uthorizations:
Loan to The RFC Mortgage Co.•------------ --Loan to a railroad •----Loans to Commodity
Uredit Corporation•- -Grand totaL __________ _
1
1
2
1
TOTAL, SEC. 5 OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS
AMENDED
Florida ______________________ _
Georgia _________________ ___ __
Kansas _____ ____ ___ __ ________ _
Louisiana ___________________ _
Maine ______ ____ _________ ____ _
1
1
2
1
l
2
2
TotaL___ ______________
Loan to The RFC Mortgage
Co.•----------- ---- --------Loan to a railroad•-----------
3
4
~l~~i~r::::::::::::::::::::
Nevada __ ___________________ _
1
1
New York __________________ _
Ohio ________________________ _
Pennsylvania _______________ _
2
26
____,_____
Grand totaL___________
1
4
3
1
1
28
3
B ANKS AND TRUST COMPANIES (INCLUDING RECEIVERS AND LIQUIDATING AGENTS)
[Under sec. 5 or the Reconstruction Finance Corporation Act, as amended)
f!~i~~!n-a::::::::::::::::::::
Maine _____ __ ---- ____________ _
2
2
2
Pennsylvania _______________ _
Tennessee ___________________ _
Vermont _________________ __ __
~l~~i~~r:::=::::::::::::::::
Nevada _________ __ ___ ______ __
3
1
1
•1
1
~f;;o~!ft~~~::::::::::::::::
2
•1
1
TotaL ___ __ _______ ____ _
21
New York ___________________ _
Ohio _________ --- ______ -- -- - --
4
(')
MORTGAGE LOAN COMPANIES
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended)
Georgia _____________________ _
Michigan ______ ___ _____ _____ _
New York __ _____________ ____ _
Tennessee ___________________ _
Loan to The RFC Mortgage
Co.'________________________
(')
(')
Grand totaL___________
TotaL ________________ _
See footnotes at end of table.
Digitized by
Google
1 _________ _
4
REPORT OF RECONSTRUCTION FINANCE CORPORATION
17
3.-Number of authorizations, and number of new borrowers, etc., to which
authorizations were made, by States, during the third quarter of 19371-Contd.
TABLE
BORROWERS ENGAGED IN THE FIBBING INDUSTRY
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended)
Number Number
ofau•
of new
t~fi:t borrowers
State
No~~~r Number
thoriza• of new
tlons borrowers
State
-----------·1----1·----lj------------ -------Florida ....•.•.•••••.•••••.•..
Maine .•••••••.••••••••••••...
Tota.I .••••••••••••••••••
2
TOTAL, SEC. 5c OF THE RECONBTA1il7iJbOii> FINANCE CORPORATION ACT, AB
[Subscription for stock of a mortgage loan company)
New York .................... ,
(')
(')
II
TOTAL, SEC. 5d OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AB
AMENDED
[Direct loans to Industrial or commercial business, including participations]
Arkansas.- .................. .
Colorado ..••.••.•............
Connecticut •••••..••...••••..
Florida...••••..........•••...
Georgia •..••••......•.•.......
Idaho .•..••........•••••...•.
Illinois ..•......•.••.•.....•..
i;;,~~f:na::::::::::::::::::::
~assachusetts .••••••.•......
Michigan .............••......
~~~:~·.·::::::::::::::::::
1
1
1
1
1
1
5
4
7
3
2
5
3
2
3
3
1
4
1
1
1
2
1
1
1
Nebraska.....................
New Jersey...................
New York....................
North Carolina...............
Ohio.........................
Oregon.......................
Pennsylvania.................
Tennessee. . . . • . . . . . . . . . . . . • . .
1
7
13
1
7
1
3
2
1
3
6
1
7
1
2
2
~
i
3
2
----,----
~r:g~·ia::::::::::::::::::::::
Washington..................
Total...................
73
50
LOANS TO INDUSTRIAL OB COMMERCIAL BUSINESS
[Under sec. 5d of the Reconstruction Finance Corporation Act, as amended]
Colorado ..•.•.••.••.••••••...
Connecticut....•.••.••..•....
Florida •.••••.....•..•••.•••..
Georgia .••••••.••.........••..
Idaho ..•••••••.••••.•.•.•....
Illinois •••••••.•...•.•.••.•...
Indiana ••••.••••..•..........
Louisiana ••••............••..
Massachusetts .•.•.•..••..••..
Michigan ..•.•.•....••..•.••..
Minnesota ................... .
1
1
4
3
1
1
5
6
2
5
1
1
4
1
1
2
3
1
•
2
1
1
Missouri_ ___________________ _
Nebraska .......•.. --·· __ .....
New Jersey ....•..............
New York .....•....•....•....
North Carolina..•..••..•..•..
Ohio ...••.. ·-··········-·-·-·
Pennsylvania....•.•.••..•....
1
I
7U
1
4
~~~~ia .•..•....•••••.••••...
Total.. ••••.....••••.•..
1
1
1
6
2
'4
1
4
3
2
1
1
1
1
57
36
PURCHASES OJ' P ABTICIP AT!ONS IN LOANS TO INDUSTRIAL OB COMMERCIAL BUSINESS
[Under sec. 5d of the Reconstruction Finance Corporation Act, as amended]
Arkansas ..•..•.••••. --·-··- ..
Georgia ..•.••....•.•••.. - ·-- ..
Indiana.·············--·-·-··
Xew York .••••••••••.•.•.....
Ohio ••• ·-··········--······-·
'2
Oregon ....••••••••••••.•.....
Tennessee .•.••••.••••..••.. _.
Washington ••••.••..•••••....
'2
Total. ••.....•.....•....
1
1
1
10
g
AGREEMENTS TO PURCHASE PARTICIPATIONS IN LOANS TO INDUSTRIAL OB COMMERCIAL BUSINESS
[Under sec. 5d of the Reconstruction Finance Corporation Act, as amended]
New Jersey.................. .
New York ................... .
~~~-·····~-·····---···-·
1
1
'1
1
Washington .•.•••••••••••.•..
2
Total.. •. -- . -- ..•• -- •...
6
See footnotes at end of table.
32187-38-2
Digitized by
Google
5
18
REPORT OF RECONSTRUCTION FINANCE CORPORATION
3.-Number of authorization,, and number of new borrower,, etc., to which
authorizations were made, by States, during the third quarter of 1937 I-Contd.
TABLE
TOT.AL, SEC. 5e OF THE RECONSTRUCTION FINANCE CORPORATION ACT, .AB
.AMENDED
[Loam on the assets of closed banks and trust companies]
Number Number
of auof new
thoriza• borrowers
tions
State
4
Michigan __ ·····-·--···----·-·
Nebraska_ •••• _._·- _____ .. _. __
North Dakota_····--·---·-·-·
South Carolina ••••••• ----···-
Number Number
ofau•
of new
thorlza• borrowers
tlons
State
---- ---
'4
South Dakota ••.•.•••••••••••
3
u3
1
1
Total_ ••••••••••••••••.•
12
12
3
10 3
1
1
11
TOT.AL, EMERGENCY RELIEF .AND CONSTRUCTION .ACT OF 1932, .AS AMENDED
[Loans for financing of agricultural commodities and livestock, sec. 201 (d), title II]
Mlchl~an ••••••••• --··-·-····-
2
2
TotaL ••.•••••••••••••••
2
2
Loans to Commodity Credit
Corporation•...............
Grand total............
3
----1---5
TOT.AL, .ACT .APPROVED MAR. 9, 1933, .AS .AMENDED
[Subscriptions for preferred stock, and purchases of capital notes or debentures, of banks and trust
compamesJ
Number Number
Less Net num•
of auof new dup!ica•
ber of
t~fi~t ~ : r s , tions
n:~w~·
State
Illinois_ •..•.• -······ •••.•.•. __ -··_·-._ ·•••••••• -··· •••• -· ••••••
Indiana __ -·-···- •••. ·- __ .-···· ________ ._._ ••. _•.••. __ -·····_.-·
Nebraska __ -·-·-···_ •. __ ._.-·-· ___ ••• _._ •.•••.• -·_._ •••••••••••
New Jersey._ •. ······-···· ··-··- -·-··-····---···-·······-··New York ___ --····-···-···-·-·······-- -·-- -·······-·-·--·-···North Carolina ___ --·-·-·-·-·-·-·····-·····--·········-··-·····
North Dakota-.• --·-·-···-·-· ____ -·-·_ ... -·-··· .•.•.... ··-···-·
West Virginia._-·····-··-_._·-._.-·-··._ •.•.•••••.•.• -·-·-·-···
2
2
20
1
3
1
1
1
20
1
3
1
1
1
20 -·
Total. •.• -···-····· __ -••••• -· - ·- -·-·····················
30
30
23
1
1
2
1
1
1 ...•...•..
1
1
SunSCRIPTIONS FOR PREFERRED STOCK OF BANKS AND TRUST COMPANIES
[Under the act approved Mar. 9, 1933, as amended]
--·······-···-······1
1
I
3
1
New Jersey···----···-·--·····
Illinois.
__
New York.·----·····-······-·
North Carolina.. _.. _._ ... __ ..
I West
NorthVirginia................
Dakota•.....•.•.•..•.• l
I
1
1
-------8
TotaL·-·············-8
PURCHASES OF CAPITAL NOTES OR DEBENTURES OF BANKS AND TRUST CO?dPANIES
[Under the set approved Mar. 9, 1933, as amended]
·---····-··-·1~
lndiana
•••••...•.
Nebraska
•...•... ·-·······----
TotaL·-·····-··---··--
20
20211
22 ---22-
I
TOTAL, SEC. 36, TITLE II, OF THE EMERGENCY FARM MORTGAGE .ACT OF 1933, .AS
AMENDED
[Loans to drainage, levee, irrigation, and similar districts, etc.]
.Arizona...•.... ·---···-·-·--- Arkansas ........ ·-·-··-·-·-··
California_ .••.. -----·-·-·-· ...
Colorado .... --·--· __ -··-·---Florida..• ___ ..... ---··· -- --- Idaho _________ ·- ___ ._ .. ______ .
Kentucky_.-··-·--- ___ ··-····
Mi.ssissippL. ... -·•-··-·-·-·-·
1
84
13 3
2
2
'1
I l
4
11
13
2
ll
'1
Missouri. •••. ·-·-······-·-··"8
"4
Montana ...• ·-······-····-···
1
Nebraska .. ·-········-········
•1
•1
New Mexico ... ·-····-·······I
Tennessee .. ·-·-···-······---·
•1
Texas-···--··-----·---·-·--·• 1
TotaL---·--·---------- ---31_1 _ _ _1_0
See footnotes at end of table.
Digitized by
Google
19
REPORT OF RECONSTRUCTION FINANCE CORPORATION
3,-Number of authorizations, and number of new borrowers, etc., to which
authorization, were made, by States, during the third quarter of 1957 1-Contd.
TABLlll
TOTAL, ACT APPROVED APR. 13. 1934, AS AMENDED
[Loans to llnance the repair or damage by earthquake, flood, or other catastrophe In 1933, 1934, 1935, and I 936]
Number Number
ofau•
of new
thorfza.
borrowers
tions
State
Number Numt-er
ofau•
olnew
thorfza• borrowers
tfons
State
1
080l'l[!a ••••• ···-· ·----- ---- ·-·
MisslasippL.- •• ··--·-·--·-···
5
Total_ •• ·-·--···--·.·-··
6
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)
CBll!omia_. -···· · ·•·-··-··--· 1
Montana-·-··················
71
11
311
I}
Utah •..•..•••..••..••.•••••••
Total ••.•••.•••••••••• -.
I
1
I
1
--------
9
6
TOTAL, ACT APPROVED AUG. 24, 1935
[Loans to or for the benefit oftax•supported public•school districts, or other similar public•schoof authorities,
In charge of public schools)
Arkanw, ___________ ·-- · ······
I
1
1········-· 11
"Borrowers, etc.," includes applicants to which loans hsve been authorized and Institutions In connection
with which purchasea of preferred stock, capital notes, or debentures have been authorized.
• Not Included In the State totals shown above, because the operations of the borrowers, etc., ordinarily are
not confined to any one State.
• After eliminating duplications, the net number of new borrowers during the third quarter of 1937 was 88.
Buch duplication arises when the Corporation, during the third quarter, made an authorization In connec•
tion with a borrower for the first time under 1 clas.~ or Joan or other authorization, and had made an authoriza•
tion in connection with the same borrower during a prior quarter under a different class of Joan or other
authorization.
• During the third quarter of 1937, .1 authorization made prior to the third quarter was completely re•
scinded. This rescission has not been deducted from the number of authorizations made during the quarter,
inasmuch as the authorization was made during a prior quarter.
• 4 authorizations to l borrower, which were Included in loans to banks and trust companies during prior
quarters, were transferred to mortgage Joan companies during the third quarter of 1937. These Joans and this
borrower ha,.-e not been deducted from banks and trust companies nor added to mortgage Joan companies
for the third quarter of
Inasmuch as the Joans were authorized during prior quarters.
• During the third quarter of 1937, 1 RUthorization made prior to the third quarter was completely re•
scinded. This rescission has not been deducted from the number of authorizations and the number of new
borrowers during the quarter, inasmuch as the authorization was made during a prior quarter .
' During the third quArter of 1937, 2 authorizstions made prior to the third quarter were completely re•
scinded. These rescissions have not been deducted from the number of authorizations made during the
quarter, inasmuch as the authorizations were made during prior quarters.
• During the third quarter of 1937, 1 authori1.ation made prior to the third quarter was completely re•
scinded. This rescission has not been deducted from the number of new borrowers during the quarter,
inasmuch as the authorization was made during a prior quarter.
• Includes a borrower to whom a Joan was authorized prior to the th ird quarter or 1!137, under sec. 5, ns
amended , c: :he Reconstruction Finance Corporation Act. such borrower being included under thnt section
ir. pre,·ious quarterly reports. Durin.rr the third quarter of 1937 an authorization was ma,!e to this bcrrower
under sec. 5e of the Reconstruction Finance Corporation Act , a.s ameaded.
"Includes a borrower to whom Joans were authorized prior to the third quarter of 1937, nn<ler sec. 5, a,
amended, of the Reconstruction Finance Corporntion Act, such borrower being included under that sect ion
in previous quarterly reports. Durinrr the third quart er of H'"' an authorization was made to this borrower
under sec . 5e of the Reconstruction Finance Corporation Aci, as amended.
" Represents a borrower to whom loans were authorized prior to the third quarter of 1937. under sec. 5, as
amended. or the Reconstruction Finance Corporation Act, such borrower being included under !hilt sec: ion
in previous quarterly reports. During the third quarter of ln37 an authorization was made to tbis borrower
under sec. f;e or tho Reconstruction Finsncc Corporation Act, as amended.
11 Inc-iudcs 2 horrowers to whcm loans were authorized prior to the third quarter of 1n3;. under S<'C. 5. as
amended, of the Reconstruction Finance Corporation Act, such horrO\n•rs being included un rkr that section
in pre,-ious qur. rterly reports. Durinl( the third qu.m.cr of 1937 authorizations were m ade to thcS<! bor·
rowPrs undPr sec . .~e of the Rrcom,truction Finance Corporation Act. as r. m1•11ded.
"During the third quarter of 1937, 2 authorizations made prior to the third quarter were complct<'IY rescinded. These rescissions have not been deducted from the numbt-r of authorizations and the uumber of
new borrowers durinir the quarter. inasmurh as the authorizations were made durinf.! prior (JU~rrers.
" During the third quarter of 1937, 3 authorizatio ns made J>rior to the third quarl<'r "·ere c,,mplelely
rtscinded. These rcgcissions h!lve not been deducted from the numbrt or authorizatio11s and the 11umb~r or
new horrowers during the riuartPr. in!-lsmuch as t.hP authorizations werr made duriug prior qu.irtl•rs.
11 Classified by States according to the location of the property of the borrowers.
1
1937,
Digitized by
Google
20
REPORT OF RECONSTRUCTION FINANCE CORPORATION
4.-Number of authorizatio118 and borrowers, to which authorizatiom were
made; and amount of authorizations, withdrawals or cancelations, and disbursements from Feb. 2, 1932, to Sept. 30, 1937, inclusive, by States 1
TABLE
GRAND TOTAL
State
No'fa'~~r Number
tboriza•
or bor•
tions
rowers
Alabama
...................
Ari zona _____
________ ___ _____ ._
Amount au•
tborized
Amount with•
drawn or can•
celed
A mount dis•
bursed
$5, 178, 619. 82
1,479,823. 86
10, 881, 913. 78
38, 761, 583. 62
5, 139, 602. 62
6, 326, 462. 01
2, 232, 300. 00
4, 956, 836. 01
5, 528, 550. 27
6, 333, 378. 46
2, 174, 635. 99
55, 724, 360. 71
14, 395, 161. 4~
14, 556, 125. 06
3, 784, 075. 28
10, 940, 083. 54
85, 048, 892. 21
10, 930, 931. 25
15, 400, 077. 55
15,937,959. 06
101,927,471.47
5,690, 123.89
4, 808, 289. 45
32, 437, 360. 34
l , 493, 538. 54
3, 8ll, 926. 70
4, 198, 846. 22
I, 121, 983. 78
32, 650, 481. 34
1,381,076. 78
191, 145,075. 30
13,473,122.67
J, 588,260.47
104, 710, 880. 98
2, 027, 834. 03
4, 721, 992. 20
69, 056, 992. 79
761,547. 55
4, 996, 535. 90
4, 073, 958. 09
15,407,633.91
18,947,958. 15
4, 003, 046. 91
2. 274, 370. 27
7,974,850.44
18, 384, 372. 33
5,431,185. 25
19, 026, 717.35
854, 637. 60
99,000. 00
214,103.00
l, 138, 382. 18
126,000.00
$31,830, an.93
II, 439, 408.91
50,027,552.99
508, 058, 010. 12
20, 342,201.00
21, 779,040. n
1,117,200. IXl
3 l, 118, 798. 00
18, 346, 806. 68
20, 909, 722. 77
12, 442, 825. 17
380, 948, 468. 07
67,015,850. M
74, 952,957.55
16, 945, 390. 77
38, 816,835. 70
126, 998, 21 l 99
67, 250,897. 77
125, 615, 235. 75
82, 093, 263. 70
409, 078, 134. 09
34, 063, 731. 22
40, 231, 177. 63
88, 629, 052. 95
13, 4ot, 479. 85
20, 255, 879. 86
8, 360, 872. 82
4, 462,569. 22
206, 757, 140. 04
9,316,934.90
565, 073, 376. 03
55, 650, 334. 84
12, 395, 124. 86
444, 146,991.61
24., 175,570.31
20, 701,902.34
266, 752, 715. 90
6, 731, 329. 99
29, 933, 440. 45
14, 752, 934. 93
101,747,601.60
110, 002, 895. 18
18, 254,656. 76
24., 784, 226. 36
36, 949,580.25
46, 600,459.03
41, 077,829.28
105, 789, 298. 78
5, 523, 09l 64
931,500.00
1, 230, 832. 00
4, 245, 060. 22
125,000.00
4,486, 184,782.97
Virgin Islands . ... .••••......
3
I
$37, 161, 747. 75
23, 887, 522. 77
63, 893, 842. 57
656, 193, 770. 46
26, 209, 686. 63
33, 208, 030. 41
3, 349, 500. 00
37,028,434. 01
29, 026, 549. 20
27,676,807. 93
15, 166, 162. 94
439, 139, 241. 94
82, 387, 666. 54
89,565,847.33
20, 805, 383. 78
51, 136,841.02
222,89 1,027. 43
78, 329, 229. 02
141.104, 167. 23
08, 289, 912. 32
519, 160,326.60
39, 796, 998. 26
45, 248, 721. 59
123, 084, 431. 70
15,086, 477. 22
25, 012, 666. 32
12,902,219.04
5, 646, 553. 00
244,801, 752. 78
10, 909, 525. 81
770, 068, 530. 82
69,244,250. 20
14, J 75, 206. 73
595, 966, II 7. 86
26, 303, 404. 34
25, 969, 882. 89
339,568,912.56
7, 492, 877. 54
37, .531, 775. 24
18,910, 026.32
117, 783,532.49
131,594,207.43
22, 480, 215. 94
27, 208, 596. 63
46, 723,701.04
66, 068, 133. 44
47,012,060. 06
124,937,416. 13
6, 528, 229. 24
l, 123,500.00
l, 444,935.00
7,017,500.00
251,000.00
Total..................
31,695
19, 972
5, 723, 595, 055. 50
994,671,818.41
10
57
J
12
63, 720, 787. 82
' 399, 636, 000. 00
12, 400, 000. 00
8
8
9, 250, 000. 00
1,343
12
l 78, 840, 452. 48
6, 596, 8ll. 76
173, 24.3, 640. 72
157
75
643, 597, 795. 00
106, 393, 555. 89
537, 126, 239. 11
6
3
53, 370, 955. 22
33, 146, 368. 56
20, 224, 586. 66
2
23, 500, 000. 00
20, 200, 000. 00
3, 300, 000. 00
17
J, 457, 248, 664. 99
565, 274, 981. 09
664, 421, 353. 18
497
101
705
851
301
270
23
129
390
725
241
J, 873
956
l, 127
590
618
688
202
350
526
l, 280
935
783
l, 137
Montana ... ......•.....• ... .
290
Nebraska .... .. . . ...•........
1,305
Nevada ............••........
69
New Hampshire ......•..••..
52
New Jersey . .... ......•. . ....
J, 185
New Mexico ....••••........
93
New York ..........•.... ....
l, 643
5,9
Nor th Carolina ............ . .
366
North Dakota ..........•.•..
l, 428
Ohio ....... .•..•........•...
Oklahoma..............•... .
418
445
Oregon .. . . . .•......•••......
Pennsylvania ........ . ..... .
2,067
29
Rhode Island ........... ••...
237
South Carolina ............. .
South Dakota . .. .. ... . . . ..•.
450
Tennessee. _____ __________ __ _
698
l , 276
Texas ...........•......••...
218
Utah ....•.•.. . •.. ... . ...•. ..
153
Vermont .•..•.. .. .•.......••
Virginia ............... ..... .
502
Washington ..........•......
854
West Virginia . ... .. .....•...
479
Wisconsin. ___ • __ • ____ ._ ... -1, 404
JJJ
Wyoming •... . .•..... . ......
Alaska
... ...
. .......
. ....
13
Hawaii_..•
______
_______
______
___ _
5
Puerto Rico ...••.•.•........
25
Arkansas . .. .... ..... ....... .
California . .. ........... . ..•.
Colorado ... ........•..••....
Connecticut. ........• •• •. ...
D elaware . ...........••.. ••. .
District of Columbia .•••.•••
Florid a ...... .... ... ....•....
Georgia .........•.... .....•..
I dabo ... ...•.... . . . . ••• •• •..
Illinois .. . ...... ............ .
Indiana ...•..•.•.....•. •.•. •
Iowa .. ..........•.....•••..•
K ansas . .... . ....•• .. ........
Ken tucky .••.........•......
Louisiana _____________ ___ __ _
Maine .... ..•.•.......•......
Maryland •.•.. .... .•........
Massachusetts ..•............
Michigan . ... .......•. .. ..•..
Minnesota .................. .
~t~~~~~f_P_i=::::::::::::: :: ::
276
64
483
473
206
169
21
46
294
527
131
1, 112
667
714
441
388
341
108
242
399
734
624
470
745
163
404
36
45
802
59
l, 163
408
265
J, 034
208
226
l, 350
21
143
300
413
901
133
103
343
380
287
1,020
53
II
4
21
AUTHORIZATIONS
Loans:
To The RFC Mortgage
Co.• ........•.. . ..•....
To Federal land banks '·
To Federal intermediate
credit banks'··········
T o regional agricultural
credit corporations (re•
discounts)'· · ·····-····
T o railroads (including
receivers and trustees)'
F or financing exports of
agricultural surpluses ,
To Secretary or Agricul•
tu re to acquire cotton'·
T o Commodity Credit
Corporation'········ ··
See footnotes at end or table.
3
50,647,547.42
236,000.00
4 387,
9, 250, 000. 00
Digitized by
Google
:1
21
REPORT OF RECONSTRUCTION FINANCE CORPORATION
4.-Number of authorizations and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, and disbursements from Feb. :e, 193/e, to Sept. 30, 1937, inclusive, by States 1-continued
TABLE
GRAND TOTAL-Continued
State
Subscriptions:
For stock of The RFC
Mortgage Co.• ..•••••••
For preferred stock of
Export-Import Ban][
of Washington, D. c.,_
Subscription for preferred
stock of Second Export•
Import Bank of Wash•
·mgton, D. c.• .............
Loan to Rural Electrification
Administration'···-····-·
Grand total. ____ •.••••
Number Number
ofau•
or bor•
thorizarowers
tlons
Amount au•
thorized
Amount with•
drawn or canceled
Amount dis•
bursed
3
1
$25, 000, 000. 00
-·----·-----------
$25, 000, 000. 00
3
1
45, 000, 000. 00
----·--------- ...........
20, 000, 000. 00
1
1
2, 500, 000. 00
---· ·-------------
2, 500, 000. 00
1
1
46, 500, 000. 00
-------------- ----
8, 425, 000. 00
-33,303
--
20,089
8, 671, 759, 711. 01 $1, 737, 683, 535. 71
• 6, 387, 559, 150. 06
AMOUNT OF DISBURSEMENTS FOR RELIEF UPON CERTIFICATION OF GRANTS BY
THE FEDERAL EMERGENCY RELIEF ADMINISTRATOR, UNDER THE FEDERAL
EMERGENCY RELIEF ACT OF 1933, FROM FEB. 2, 1932, TO SEPT. 30, 1937, INCLUSIVE,
BY STATES
State
Alabama._-· •.•••••••••••••• ·-••••••
Arizona. ___ •••••••••••••••••••••••••
Arkansas .••••••••.••••••••••••••••.•
California .•••.•••.•••••••••••..•••.•
Colorado .•.••••••.••••..••••••••.•••
Connecticut.•.•••••••••••••• ~••..•.•
Delaware._ ••.....••.•••••••••••••••
District of Columbia ••••.••••••••.•.
Florida ...••••••••••••••.•••••...••••
Georgia .•.••••••••••...••.•.•••••.•.
Idaho ••• __ •••••••.•.••.••....•..•••.
Illinois._._ ••••••••••..•••••.••.•••••
Indiana. - - -·-· •••••••.•..••••••.••••
Iowa._. __ .......................... .
Kansas ••• ···-· ••••••••• ·-·· •••••••••
~&'"~~
·::::::::::::::::::::::::::
Maine .. _- ••••••••••••••..••••••••..
Maryland .•••••••••••••••.•••••••.••
Massachusetts .•••••••••.••••••.•..•
Michigan .•.•••••••••••••••••.•••..•
Minnesota ••••••••••••••..••••••••••
Mississippi. ••.•••••••••..••.••••••••
Missouri._ ••••••••••••••••••••••••••
Montana.•••••••.••••••••..••••.••..
Nebraska .••••••••••••••..••.•••••..
Nevada._ •••.••.•••••...•...••.•••..
New Hampshire .•••••.•.••.••••••.•
Amount disbursed
$8,994,391
2,834,146
7,410,249
15,823,535
3,925,050
•• 594,154
I, 010, 708
1,066,174
13,347,232
7,705,354
809,957
52,240,038
11,259,425
5,248,789
2,732,726
5,945,118
13,034,157
1,251,414
7, 171,098
11,355,140
31,369,782
8,831,959
8,550,286
6,685,494
2,853,357
2,125,699
370,801
966,436
Amount dis•
bursed
State
New Jersey.........................
New Mexico........................
New York..........................
North Carolina.....................
North Dakota..•••• c................
Ohio................................
Oklahoma...........................
Oregon..............................
Pennsylvania.......................
Rhode Island.......................
South Carolina......................
Son th Dakota.......................
Tennessee...........................
Texas...............................
Utah................................
~l'ig'fii~t............................
Wasbington.........................
West Virginia.......................
Wisconsin...........................
Wyoming...........................
1
~:;
~.t::::::::::::::::::::·::::::::
Puerto Rico.........................
Virgin Islands.......................
Total ••••••••.•.••••••••• · ••••
$15,423,438
889, 188
63,131,826
9,709,990
3,612,520
36,763,382
6,309,005
3,213,315
44,106,509
1,870,967
10,424,200
7,035,597
6, 369, 196
13,249,874
1,723,352
5,
5,627,175
11,090,599
9,619,053
190,383
:gt~:
m: ~ri
1.
1,970,201
281, 753
1----499,650,000
Bee footnotes at end or table.
Digitized by
Google
22
REPORT OF RECONSTRUCTION FINANCE CORPORAT ION
4.- N umber of authorizotions and borrowers , to which authorizations were
made; and amount of authorizations, wi/.hdrawals or cancelations , and disbursements from Feb. 2, 1932, to Sept. 30, 1937, inclusive, by States 1- Cont inued
T ABLE
TOTAL, SEC. 5 OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS
AMENDED
Number Number
or
or borautbori- rowers
State
zations
Alabama ___ _____ ____ ____ __ __
339
41
375
486
150
91
3
109
175
305
138
1,409
530
919
303
Arkansas ____ ___ ____ ______ ___
California _. ______________ __.
Colorado _. __ . _______________
Connecticut. _____________ __ _
Delaware. ___________ ________
Distri ct of Columbia_. ______
Florida ___ _. _____ .. ________ ._
Georgia _____________________
Idaho __. ___ __ ____ . ______ ---Illinois ___________ _______ . --Indiana ___________________ __
Iowa ___ __ __ _________________
Kansas _____________ _____ ____
Kentucky ___________________
Amount disbursed
322
829
75
2
2
7
60
37
136
170
160
526
23
2
2
5
$15,318,876.42
3,041,300.00
32, 158, 020. 69
208. 867, 103. 50
8, 622, 071. 29
20, 722. 785. 41
257, 000.00
31,700,434.0 1
JO, 329, 430. 82
13, ii5, 892. 50
8,269,781.6 1
243,115, 442. 99
54. 134,874. 00
73, 109, 715. 13
9,287,779.31
23. 656, 285. 60
129,5 16, 166.66
64, 982, 434. 02
103,757,535. 56
70, 829. 903. 32
428, 253, 879. 51
17, IOI , 179. 13
19,196,237.03
77, 461, 252. 84
5, 0.35, 700. 4 I
13, 102, 223. 59
7, 999, 032. 11
I, 794, 000. 00
135, 183. 307. 41
2, 597, 215.05
302. 133, 498. 85
50, 073, 664. 86
7,944, 784. 75
465, 556, 432. 19
9, 846, 524. 53
11,259,831.43
227, 799, 065. 81
2, 223. 287. 54
25, 763, 495. 24
12,001 ,993. 72
83, 009, 338. 50
65, 301, 248. 83
13, 313, 83 I. 62
11,114, 096.63
25, 950, 746. 33
43, 439, 939. 21
28, 882, 846. 61
70, 322, 469. 61
4, 644, 329. 24
100,000.00
850,000.00
2, 703, 000. 00
17,940
9,019
3,298,011,285.42
IO
57
I
12
63, 720, 787. 82
• 399, 636, 000. 00
-----------------12, 400, 000. 00
50, 647,547. 42
• 387,236,000. 00
8
8
9, 250, 000. 00
------ ------------
9, 250, 000. 00
400
Louisiana. __________________
427
117
Maine ____ _____ _______ __ _____
Maryland ____________ _______
Massachusetts __ ______ _______
Michigan ___ _______ ___ ______
Minnesota ______ . _________ ___
208
173
920
559
266
m:~~~r~i: :::::::::::::::: :
Montana ____________________
Nebraska__ __________________
Nevada _______ ____ ______ ___ __
New Hampshire _____________
652
142
467
34
18
694
41
531
360
161
777
320
~:: ~1;;:~i~c,.-:::::::::::::::
New York _____________ ••· ···
North Carolina _.... ...... ..
North Dakota __ ___ ..........
Ohio __ ····-···-·············
Oklahoma._ .................
Oregon ·----····______________
····-········
PennsyJvania.
Grand total._.--···---
Amount withdrawn or
canceled
--- ---
Arizona _________ ___ ______ ___
Rhode Island ...• ·--·---- -·-South Carolina __ ·-····-·-· ..
South Dakota_··------···-·Tennessee .• ·-----· _____ ·--·Texas __ ·----- · ----·-·-·-··-Utah ___ ·---···----------·-·Vermont ___ ··· --------··---·
Virginia ____ ··------·--·---- Washington _··-------------West
Virginia·--·----------Wisconsin
___ . _________ ______
Wyoming._--·-·---------- __
Alaska ___--- -·- ------------Hawaii ____ ___ ··- --·--------Puerto Rico -·· -·-'.---··----Total.. _________ ------Loans:
To The RFC Mortgage
Co.•----------- ---- ---To Federal land banks '_
To Federal in termediate
credit banks•- --- -----To regional agricultural
credit corporations (rediscounts)' __ . _. _______
To railroads (including
receivers and trustees)•
Amount authorized
254
1,214
7
156
262
482
607
131
84
262
604
153
18
197
199
87
42
3
30
126
160
56
707
299
525
li2
199
173
35
120
80
428
290
135
332
61
192
12
13
434
19
258
205
83
463
145
87
618
3
77
131
223
308
------
I
$4,207,294.82
281,448.27
6, 308, 050. 52
10,458,767.32
I, 499,022.97
2,6 19, 045.69
8,000.00
2,6 15,336. 01
4, 078, 802. 39
2,921 , 178. 13
008, 700. 85
42,006, 196. 27
10,638,339. 49
11,579,878. 27
1,917, 130. 56
4, 062, 556. 70
31 , 039, 142.09
7,730,354. 21
12, I 10, 403. 88
9, 508, 181. 77
96, 145. 527. 55
3, 563, 687. 43
2, 594, 055. 97
24, 178, 634. 75
59 1,999.68
2, 408, 505. 63
638,865.14
356, 139. 92
17,544.81 I. 01
705. 669. 02
103; 218, 323. 79
JO, 824,671.07
1, 048, 148. 33
94, 238, 938. 07
I, 587, 406. 52
2, 276, 350. 93
51, 642, 444. 99
265, 047.55
3,919, 730.13
3,811, 537.18
8, 678, 271. 78
8,603,811.09
2, 761,746.87
2,148,179.77
4,433,084.91
12,621,215.19
4, 047, 735. 27
12, 590, 482. 92
534,637.60
372,694.25
$11, Ill, 581. 60
2, 754, 251. 73
25, 740, 456. 56
198. 385, 246. 46
7, 123, 048.32
18, 103, 739. 72
249, 000. 00
28, 132, 298. 00
6, 248, 628. 43
IO, 822, 589. 37
7,36 1,080. 76
200,518, 306. 72
43, 131,909. 76
61,492, 836. 86
7,316, I 71. 55
18, 774, 828. 90
87, 769, 684. 62
57, 104,679.81
91 , 480, 227. 75
61,268, 321.55
326, 420, 286. 41
13, 528, 591. 70
16, 564, 781. 06
53,149,341. 05
5, 031, 701. 73
10, 153, 717. 96
7,077,666.97
I , 437,860.08
116, 09?, 765. 00
1,891,546. 03
194, 550, 804. 04
39, 248, 993. 79
6, 896, 636. 42
325, 535, 17 4. 80
8, 259, 118. 01
8, 923, 080. 50
173,742,085.24
I, 958,239.99
21, 786, 166. 11
8, 185, 606. 54
74,245, 466. 72
56, 666, 415. 28
10, 552,084. 75
8,815,916. 86
19, 798,391. 08
30, 133, 724. 02
24,412, 198. 67
5 7, 682, 586. 69
4,109,691. 64
100, 000. 00
835,897. 00
845, 305. 75
644, 864, 286. 52
2, 573, 521, 329. 36
----------------14,103.00
1,343
12
178, 840, 452. 48
5, 596,811. 76
173, 243, 640. 72
157
75
643,597,795.00
106, 393, 555. 89
537, 126, 239. 11
19,515
9,127
4, 593, 056, 320. 72
769, 254, 654. 17
3,731,024,756. 61
- --
See footnotes at end of table.
Digitized by
Google
.REPORT OF RECONSTRUCTION FINANCE CORPORATION
23
4.- Number of authorizations and borrowers, to which authorizations were
made; and amount of authorizations , withdrawals or cancelations, and disbursements from Feb. 2, 1932, to Sept. 30, 1937, inclusive, by States 1-Continued
TABLE
B ANKS AND TRUST COMPAN I ES (INCLUDING RECEIVERS, LIQUIDA TING AGENTS AND CONSERVATORS)
[Under sec. 5 or the Reconstruction Finance Corporation Act, as amended]
Number Kumber
o!
of borauthoriro,vers
zations
State
Amount authorized
Amount with-
Amount disbursed
drawn or
canceled
--Alabama ____________________
Arizona _____________________
Arkansas ____________ ---- - --California ___________________
Colorado _________ ___ ------ __
Connecticut ____ _____________
Delaware ____________________
Di~trict of Columbia __ _____ _
Florida _____ __ _______ ______ __
Georgia ______________________
~ ~;=:::::::::::::::::::::
Indiana ______ : _____ --------Iowa ________________________
Kansas ________ ____ __________
E:it;:~~t::::::::::::::::::
Maine _________ _____________ _
M aryland ___________________
M ass,whusetts _______________
M ichigan ____________________
Minnesota ___________________
M Lssi~sippL _________________
M issourL ___________________
Montana ____________________
Nebraska ____________________
Nevada __ __ ____ ____ _________
New Hampshire _____________
New Jersey __________________
New Mexico _________________
New York ___________________
North Carolina ______________
North Dakota ____ ___________
Oh io ________________________
Oklahoma ___________________
Oregon ___ ___________________
Pennsylvania ________________
Rhode Island _____ ___________
Sou th Carolina ______________
South Dakota _______________
Tennessee ______________ _____
Texas _________________ ______
Utah_---------------------Vermont ____ ________________
Virginia __ ____ _______ ________
Wa~hin~n __ ____ ___________
West Virginia ____ ___________
W isconsin ___________________
Wyoming ___________________
Alaska __ -------------------Hawaii. _____________________
Puerto Rico _________________
Total. _______ __________
299
224
I , 106
5
115
251
'433
503
93
84
234
377
297
7Zl
41
2
2
7
138
16
158
150
72
30
3
25
110
146
50
610
274
494
163
179
132
33
76
48
• 340
279
129
314
52
'180
9
13
149
14
191
118
'77
265
127
80
529
2
53
'124
'198
239
55
37
116
147
138
444
17
2
2
5
$12, 946, 065. 87
2, 061, 300. 00
26, 690, 006. 49
126,234,475. 25
5, 338, 903. 30
18,498,217. 73
257,000. 00
30,510,901.41
8,926,297. 83
JI , 677,397.99
3, 659, 856. 72
218, 657,984.00
47,398,874.00
62, 920, 365. 13
8,768,279.31
20,780,857. 60
118,286,304. 26
61, 782, 134. 02
62, 194, 393. 96
42, 058. 700. 00
406,879,915.59
13,667, 679. 13
18,463,259.36
62, 906, 002. 84
3,022,087.51
7,841,848.59
6, 403, 725. 92
l, 794, 000. 00
80, 823, 892. 30
I, 513, 773. 54
117,643,188.01
37,796,187.51
7,649,284. 75
354, 538, 649. 37
4,691,874. 53
9, 105, 880. 88
215,399 ,359.65
1,755,841.54
21,325,946. 13
5, 114,916. 70
73,117,431.50
31,498, 474.80
8, 001. 388. 52
11,114 ,096.63
20,315,808. 67
31,467,510.09
24. 747,355.84
41, 644, 900. 81
I, 486, 574.42
100,000.00
850, 000.00
2, 703, 000. 00
15,288
7,361
2, 515, 033, 250. 00
314
39
312
423
128
78
3
102
150
277
98
1,260
499
871
293
379
370
115
150
103
791
546
257
622
98
443
30
18
374
27
420
240
154
504
- -- -
372,694.25
$9, 313, 223. 91
1,874,251. 73
20, 926, 436. 63
117, 701, 59 7.54
4, 200, 801. 17
16,243, 657. 56
249,000.00
Zl, 292,765.40
4, 986, 11 5. 05
9,253,084.44
2, 902, 146. 39
184, 104, 398. 57
37,764,697.45
54, 399, 450. 85
6, 932, 154. 89
17,326,389. 29
79,343,935. 42
53, 904, 379. 81
53, 27 5, 385. 74
36, 023, 720. 17
310, 832, 744. 28
10,172,079.47
15, 842, 506. 17
40, 726, 264. 64
2,643,647. 90
6,391,985.08
6, 032, 831. 56
I. 437, 860. 08
69,870, 114. 11
974,354. 40
96, 060, 535. 52
28, 023, 928. 96
6,609,404.17
245, 966, 658. 40
3,227,901.57
7, 490, 102. 50
163, 743,700.29
I, 503, 056. 99
18, 725, 408. 61
4, 044, 803. 32
66, 660, 784. 83
26, 434, 394. 63
5, 596, 235. 35
8,815,916.86
16,941,256. 57
19, 806, 465. 79
21,115,355. 27
31, 334, 189. Q9
I, 196, 532. 89
100,000.00
835,897.00
845,305. 75
464,528,456. 33
I , 978,028,814.96
$3, 632, 841. 96
181,448. 27
5, 654, 056. 25
8, 509, 787. W
l, 129, 192. 13
2, 254, 560. 17
8. 000. 00
2, 615, 330. 01
3,940, 182. 78
2,424, 313. 55
757,710.33
33, 962, 645. 43
9, 269, 551. 80
8,483,914. 28
1,781,647. 22
2, 635, 568. 31
28,811,178.89
7, 730, 354. 21
8, 853, 608. 22
6,016, .579. 83
90,416,605. 76
3, 486, 699. 66
2, 583, 353. I 9
22,046,461. 16
367,339.61
l, 449, 863. 51
223,394.36
356,139.92
10,374,425.60
539,419. 14
19,168,281.47
772. 258. 55
l, 039, 880. 58
62, 813, 171. 65
I, 463, 972. 96
I, 555, 378.38
49, 260, 272. 02
252, 784.55
2, 543, 537. 52
I, 065, 263. 38
6, 371, 046. 67
5, 034, 372. 22
2,405, 153. 17
2, 148, I 79. 77
3, 330, 352. 10
JI, 661,044.30
3,209,087. 90
10, 261, 400. 82
290,041.53
e,
----------------14,103.00
BUILDING AND LOAN A SSOCIATIONS (INCLUDIN G RECEIVERS)
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended)
Alabama __ ---------- ____ ___ _
Arkansas ______________ _____ _
California ___ ---------- ---- -Colorado
__ -----------------Connecticut
________ ,- ______ _
Geori,ia ________ - --- -- -- -- --__
Illinois ________ -------------See footnotes at end or table.
3
3
45
50
l
8
I
73
28
32
l
8
1
70
$111,000. 00
2, 795, 378. 25
9,805, 134. 81
110,000.00
549,000.00
5,000.00
3, 988, 989. 09
$811. 96
137, 014.84
52.1, 756. 13
3, 263. 06
49, 242. 14
302,971.46
Digitized by
$110,188.04
2, 658, 363. 41
9, 281, 378. 68
106,736.94
499,757. 86
5,000.
3,686,017.63
Google
co
REPORT OF RECONSTRUCTfON FJ-N'A NCE CORPORATION
24
4.-Number of authorizations and borrowers, to which authorizations were .. :-Ivr.!lr of
made; and amount of authorizations, withdrawals or cancelations, and disburse• , :1i a110unl i
ments from Feb. 2, 1932, to Sept. 30, 1937, inclu sive, by States 1-continued
..· 111./,J,
T A BLE
BUILDING AND LOAN ASSOCIATIONS (INCLUDING RECEIVERS)-Contin ued
State
Nu;:;ber Number
01 bor•
authori·
zations
rowers
m:8,';~f~!=::::=::::::::::::
Montana _____ ·-----·- · ----·-
4
Nevada. ----·-·--· ··-··-·-··
New Jersey.: .......•.. _...••
New York ... .. ·--··•···-·-··
North Csrolina __ ··-···- ·· · ··
North Dakota •. ·-···-·······
Ohio .. ·-·-····· · ··-·········
Pennsylvania .... _. _..•... -·.
South Carolina ... •.......•••
South Dakota ......•• _..... .
Tennessee .....•...•.••......
Texas.---······· · ········ · ··
Virginia . ...••.• ·-···-·-·····
Washington._ ....... · ·- ····West Virginia .. ·-··-·······W:sconsin ........... _...• _._
Wyoming ... . ....... . .... . . .
1
276
36
85
3
239
77
28
7
5
16
13
16
26
19
16
3
4
1
4
1
254
24
68
2
173
72
19
5
6
20
9
5
16
75
2
Total.. ..... · -· -··•·•··
I. 233
1, 012
Indiana __ -·· .. ··--····-·-·-Iowa. __ . __ ·_·· ·-·---··-·----
f;~i;~i~l:=:::::=:::=::::=::
Maryland.·--··-·-····--·--Michigan ______________ _____ _
Minnesota.-·---·-·---··-----
16
15
16
33
23
24
5
1
4
6
24
13
5
17
89
Amoun~ author•
lzed
Amount with·
drawn or
canceled
$22,179.40
25, 110. 25
54,488.39
48,036.57
28,690.94
221,494.69
3,226. 48
7,502. 78
2,230. Z7
78,068. 78
Amount di~
bursed
$1,683,000.00
1,132,800. 00
1,449,500.00
3, 273, 860. 03
2, 463, 288. 63
2,091,287.87
107,500. 00
103,500.00
250,000.00
313,605.00
85,000.00
30, 379, 926. 12
9, 267,159.38
3,580,018. 39
155. 000. 00
52,177,334.58
4, 122, 100. 00
1, 668, 049. 11
261,077.02
290,000.00
1, 718,150.00
975, 662.35
849,000. 00
1, 626, 000. 00
9, 041. 000. 00
815,611 . 87
1, 703, 772. 45
1, 961, 134. 86
75,868.94
3, 022. 75
22, 522, 623. 40
159,297.39
149,228.63
15, 011.55
405. 15
105,416. 04
25, 050.00
5,501.24
15,681. 12
463,211. 79
83, 472.88
$1,660,831.00
! , 107, 68'l. 7l
1, 395, Oil. 61
2, 64~,673.*
2, 333,!m.76
1,869,793.18
104,773. 52
95,997.2'1
247, 7611.73
235,53U l
. 30,00J.OO
28,676, 15.1. 67
7,306, 021.52
3,504,HUI
151,9TT. 2.I
29, 63!, 211. IS
3, 1!62,802. 61
1,518,820. IS
246,065. 47
289,594.85
1,612,733.116
950,611.45
158, ~ . 76
1,610, 318.88
8, 577,788.21
732,138.119
147,243,932.50
28, 851, 883. 23
117, 005, 895.31
55,000.00
t:::·· ·:
~ :::::::
:--·-····
E::::::
INSURANCE COMPANIES
[Under sec. 5 or the Reconstruction Finance Corporation Act, as amended]
Alabama . .. ·····•···-·······
Arkansas ......• _......... .. .
Colorado . ..•... ....... ......
District or Columbia .... . •..
Florida·-···· ··· ···· · · - ······
Illinois.-·-··· ... ··· · ·······Ind iana. -·-·················
Iowa . ······-···········-·-··
Kansas ..... . ....•..• ·-·-····
Kentucky ......•..• . - .•.....
Louisiana._ ···· ····--·······
Maryland .••..••••• _. .•.....
Michigan.•··········- · ······
Minnesota .•.. ·-··-··········
m:~";;~f~!::::::::::::::==::
Nebraska ...............•. _..
New Jersey ............•..•..
New York ............•••.•..
North Carolina . . .••. • _•.....
North Dakota.. ··•··-·······
Obio·-··-·· ·•·····•·········
Oklaboma •..•... --···--·····
Pennsylvania .. ·-·····-· · ····
South Carolina .... .. . . ..... .
South Dakota .. ·----········
Tennessee . ...... · -····· · ····
Texas ....• . ...... . ..........
Virgin ia .................... .
w~~t Vi~ginia. · ···········-·
W1sconsm . ......... . .. _... _.
Total.. .. . ............ .
1
3
4
1
1
2
2
27
24
14
6
13
7
7
6
4
l
10
1
1
2
6
2
2
16
10
2
2
3
1
6
12
10
6
17
5
9
7
2
6
4
6
5
2
3
6
3
1
4
1
3
12
1
9
1
3
2
2
207
133
2
5
2
2
$339,050.00
435,000.00
50,000, 00
75,000.00
33,000.00
6, 028, 500. 00
4, 498. 000. 00
3, 653, 000. 00
422,000. 00
1, 000, 000. 00
l , 270, 000. 00
13, 985, 000. 00
4,816, 913, 76
28,500.00
112, 000, 00
7, 895, 000. 00
2, 309, 150. 00
902,000.00
28, 483, 600. 00
1,932,500.00
74,500.00
15,865, 000.00
275, 000.00
1,816.225. 47
504, 000. 00
50,000.00
711,000.00
4, !iO, 731. 66
385. 196. 62
736,990. 77
60.000.00
$41,300. 00
80, 000. 00
------------------
----------- --- ------------96,042.28
---------
$297,750.00
355,003.00
50,000. 00 'l. ...... .
75, 003.00
33, 003.00
5, 932, 457.72
3, 235, 978. 55
3, 550, 709. 16
334,016.66 ?:!t·····--....
-
~:: :·
1, 262, 021. 45
102, 290. 84
87,983.34
1, ()()(J, 000. 00
21,943. 75 - · -- ·-1 , 248, 05l25
13, 985, (XX), 00
-----------------4, 207,519.:111
609,394.50
22, (JOO. 00
6,000. 00
112, (XX),00 ---------- 298,
--- -------7,596,781.31 ~ I
21 8. 63
·······1,997,486.44
401, 663.56
813,(J00.00
88, 500. 00
27,397,242.96
1, 086,357.04
1, 932,387.60
112. 50
69,500. 00
5, 000. 00
7, 033, 661. 80
8,831, 338. Ill
273, 050.00
1,950. 00
744,325.47
1, 071, 900. 00
504, (XX).00
-- ------- --------50, 003.00
------ -----------676,874.49
34,1 25.51
4, 126, &18. 42
44,083.24
375, 1)92.2.1
10,104.37
460,627.19
2i6, 363. 58
60, (XX).00
--- --------- -----'103, 006, 858. 28
13, 331, 441. 86
89,675,416.12 ~
t...::
't-l:~:f;,i,
-
------
t ~hft
See footnotes at end or table.
Digitized by
Google
..
REPORT OF RECONSTRUCTION FINANCE CORPORATION
25
4.-Number of authori,ations and borrowers, t-0 which authori,ations were
made; and amount of authorizations, withdrawals or cancelations, and disbursements from Feb. 2, 1932, to Sept. 30, 1937, inclusive, by States 1-Continued
TABLE
MORTGAGE LOAN COKPANIES
[Under sec. 6 of the Reconstruction Finance Corporation Act, as amended)
N~ber Numher
authoriof bor·
zations
rowers
State
Amount authorized
"ISCODSID ••• --·--···a··-·-·-
16
3
8
16
3
10
1
11
34
2
8
11
3
4
$1,922, 760. 55
100,000.00
1, 433, 500. 00
69, 342, 493. 44
1, 374, 000. 00
1, 675, 000.00
1, l l4, 532. 60
878,032.99
1,811, 994. 5[
2,414,000. 00
10,794, 669. 90
220,000.00
2, 773, 550. 00
97,500.00
92,500.00
6, 483, 502. 37
3, 200, 000. 00
25, 114,852.97
28, 667, 648. 32
13, 365, 762. 29
3, 102, 500. 00
517,477.67
5, 989, 250. 00
156, 370.00
695,225.00
1,510,206. 19
23, 074, 188. 99
209,000.00
146, 322, 300. 00
5, 683, 958. 96
65,000.00
42, 968, 048. 24
4, 879, 650. 00
1, 241, 420. 25
6,081,475. 00
6, 576, 000. 00
8,569, 657.00
22,713,976. 26
1, 285, 000. 00
4,225,611.89
7, 755, 825. 23
72,500.00
6,488, 762. 92
4ll
473,059,803. 54
Alabama ....................
Arizona_.···--···-·-··-···-·
Arkansas.··-- ------·-· ......
California. ____ .·--··- .......
Colorado._ • • ·-··--·· . . ... ·-.
Connecticut. .. ·-············
District of Columbia. __ ···-.
Florida...••• ·--. __ .·- ___ .. ..
Georgia .. _.. ·· -_.·---- __ .---·
Idaho. _·· ···----··--·-····-·
Illinois ...... -·-· ····-·······
Indiana __ · · ·· --· ··-· .......·.
Iowa. __ -·· ·-·· ··· ••······--·
Kansas·--··· · •.. ___----· -- ·-
16
1
6
9
8
4
6
8
21
3
47
1
4
3
2
t~;~;~"I:::::::::::::::::::
18
1
29
64
86
4
2
16
1
Maine . . ·-·--·· ··· ···-· ·· - ···
Maryland . . · -· ····-····· ·· · ·
Massacbusetts ........ ·-·-···
tt~~ta:::::::::::::::::::
~~~Y~!::::::::::::::::::
Montana_···- -·· ·---··--··-·
Kebraska ___ . ····--- ··-····.
Nevada ....... ..... ... . ......
New Jersey_······-·-· ···--· ·
New Mexico.·-·--·--··- -·: .
New York. _·--···-----·-··-·
orth Carolina .. ____ -··-- ...
North Dakota....• -·-·-···-·
Ohio __ ·······-··············
Oklahoma .• ____ ·--_·--·-· -_.
8
3
37
5
55
24
1
r,
18
9
23
3
33
58
2
~~~~ivania-_·::::::::::::::
South Dakota ..• ·--------···
Tennessee . .•.. ··-·--·--·-· ..
Texas __ ····-·-····--········
Utah .••. ·--- __ • ___ ••.•• ··--Virginia._.· -· ... ____ ... ___ ..
Washington .. ___ -- •- -·- -· -·";~st V~gioia. _--·-·-·-··· -·
11
TotaL .... -·-······-··
704
Co.• .• _.·--·-·--· ••.•••.•..
10
Grand totaL .. · -······
714
Loans to The RFC Mortgage
9
1
4
7
8
3
4
4
10
3
12
1
2
2
1
II
1
23
27
60
4
1
10
1
4
2
25
4
32
11
1
20
63, 720,787.82
412
536, 780, 591. 36
Amount with•
drawn or
canceled
Amount disbursed
$1,390, 419.65
$532, 340. 90
100,000.00
332,168.02
1, 082,750.48
29,903.88
315,243.38
1,101,331. 98
68, 259,742.96
1,344,096. 12
1, 359, 756. 62
764,532. 60
782, 3l3. 38
1,328,129. 93
2, 369, 976. 48
4, 533, 439. 52
197,491.92
---- -------------95, 719. 61
461, 864.58
44,023. 52
6, 261, 230. 38
22,508.08
2, 773, 550. 00
47,500.00
42,500.00
2,1 57,982. 88
50,000.00
50,000.00
4,325,519.49
3, 200, 000. 00
21,886, 754. 25
25,141,889.80
8,577,947.05
3, 035, 000. 00
514,277.67
4,578,525. 31 .
156, 167. 61
654,246.44
1,014,835.4 1
16,732,997. 22
149, 000. 00
63, 554, 410. 30
4,777,371. 76
64,755. 00
41,105,967.02
4, 758,166.44
548,897. 70
4, 602, 924. 89
3,844, 737. 75
6, 521, 395. 86
20, 044, 907. 59
1, 235, 000. 00
1, 482, 964. 01
7, 000, 677. 28
61,000.00
4,645,977.31
---------------- 3, 228, 098. 72
3,490, 758. 52
4,730,315.24
67,500.00
3,200.00
1,410,724.69
202. 39
40,978.56
360,470. 78
5,374,812. 96
60,000. 00
80,817,889. 70
906,587.20
245. 00
1, 862,081.22
121,483.56
692,522.55
1,478,550.11
2, 731,262.25
2, 048, 26 I. 14
2,667, 754. 16
50,000. 00
1,067,577.54
755, 147. 95
11,500.00
1, 842, 785. 61
130,119,995.56
337. 747,544.32
-----------------130, 119, 995. 56
50,647,547.42
388,395,091. 74
CREDIT UNIONS
[Under sec. 6 of the Reconstruction Finance Corporation Act, as amended]
Massachusetts. ___________ -·.
Michigan. _________ ··-_______
Minnesota_
•• -·--·---------New York ________________
.__
Rhode Island ______________ .
Virginia_____________________
Total__________________
3
1
11
2
1
1I
$74, 555. 00
65, ooo. oo
10, 000. 00
20,000.00
2
2
1
1
467,446.00
12,263.00
6,966.80 ···---·-·-···--··-
455, 183. 00
6,966.80
10
7
642, 967. 80
600, 095. 79
$843. 42
9, 504. 30
261. 29
20,000.00
$73, 711. 68
55, 495. 70
9, 738. 71
1-----1-----1-------1--------1------42,872. 01
See footnotes at end of table.
Digitized by
Google
26
REPORT OF RECO 'STRUCTION FINAKCE CORPORATION
4.-Number of authoriv1tions and borrowers,· to which authorizations were
made; and amount of auJhorization·s, withdrawals or cancelations, and disbursements from Feb. 2, 1932, to Sept. 30, 1937, inclusive, by States 1-Continued
T ABLE
.TOINT·STOCK LAND BA!< KS
[U nder sec. 5 of the Reconstruction Finance Corporation Act, as amended]
Number N umber
of
of bor•
author!• rowers
zations
State
Arkansas ...........•.....•..
California .................•.
Colorado .•.....•....•.•.....
Georgia .................••.•.
Illinois ..................... .
Indiana .... ...... .... .... .. .
Iowa .................. ..... .
Kentucky ..... . ............ .
Louisiana .............. . ... .
Michigan .•.•....... .. .......
Minnesota ......... ... ...... .
Nehraska ................ ... .
North Carolina..... .. ..... . .
P ennsylvan ia, .............. .
South Carolina .... •.........
Tennessee ........ .... ...... .
Texas ...•...................
Utah •..........•..... . ......
West Virginia .. •......... ...
Total ...• ........ ......
3
4
4
2
2
4
3
1
2
2
I
1
1
I
I
2
2
I
1
1
I
I
6
4
I
8
3
4
1
2
2
3
I
I
2
2
1
1
-------57
26
Amount author•
ized
$500, 000. 00
3, 485, 000. 00
I, 294,772.68
205, 000. 00
3, 645, 300. 00
335,000.00
2, 150, 000. 00
330,000.00
82,500. 00
1, 035, 000. 00
185,000. 00
2, 166, 000. 00
1,081,000.00
376,000.00
2, 185, 000. 00
100,000. 00
2, 636, 000. 00
550. 000.00
I , 700, 000. 00
24, 221, 572. 68
Amount with•
Amount dis•
bursed
drawn or
canceled
$104,8U. 41
342,472. 72
80,763.00
$485, 188. 59
3, 142, 527. 28
1, 214,008. 78
205,000.00
2, 261, 993. 28
272, 921.24
1, 979, 987. 10
-----------------1, 383, 306. 72
62. 078. 76
170.012. 00
330,000.00
--------158,
--- 21~.
------06
----------------516,000.00
----------------82,500.00
876,786.94
185,000.00
ooo.
1,
1, 011, 156. 12
356,851.76
1, 016. 536. 02
00, 000. 00
1, 916, 034. 52
548,232.42
1,164,897. 33
no,
69,843.88
----------------1, 168, 463. 98
100,000. 00
719,965.48
1,767.58
535, 102.67
oo
------------5, 742, 803. 06
17,919,621.38
AGRICULTURAL CREDIT CORPORATIONS
!Under sec. 5 ol the Reconstruction Finance Corporation Act, as amended]
Arizona ... .•• •• .............
Arkansas ...••.••. ...........
Colorado ..•••..•••..........
F lorida ........•...... .......
Idaho ....... . .••... .. •... ...
New York .......•..•........
North D8kota.........•... . .
Oregon .......... .••.... .....
South Carolina ... ........•..
Tennessee ................•..
Texas ...... ... . ....... •. ....
Washington . .......•........
203
I
2
2
1
1
1
1
1
1
1
I
2
1
4
Total.. ..... . ......... .
250
20
1
5
4
3
7
2
t':U!s1an·.,-.·::: :::::::::::::::
2
2
1
15
I
2
2
$880, 000. 00
214,135.95
71,455.3 1
435,000.00
63,889.60
4qo,ooo. oo
120,000.00
397,25 1.46
I, 000. 00
116,790. 30
58,500.00
124,250.00
95,491.08
3, 063. 103. 89
6, 120, 867. 59
$880, 000. 00
------------------
214,135. 95
59,955. 3i
435, 000. 00
58, 722.60
455,000.00
120,000. 00
232,500.74
1, 000. 00
116, 790. 30
$11, 500. 00
--------------- -5,167.00
25,000.00
-- ---------------164,660. 72
------- ------------------ 58,500.00
---------124,250.00
6,239.95
81,931. 70
------------- -- --89,251.1 3
2,981, 172. 19
477, 249 ..37
5, 643, 618. 22
LIVESTOCK CREDIT CORPORATIONS
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
Colorado ... . .... .....•......
Idaho .... •. ....... ..•....•..
Missouri. ......... ...••. . ....
M ontana ..••............ •.•.
New Mexico ... .............•
Oregon ... ... ..... ... .. ... . •.
T exas ....•....... .... •• . .. ..
Utah ............ ........... .
Washington ................ .
Wyoming .• ....... ....•...•.
Total. ..... .......... .
4
30
1
38
1
3
9
I
4
4
1
3
35
1
29
I
4
2
2
2
$382, 850. 00
2, 132, 035. 29
421,000.00
2. 142, 250. 00
874, 441.51
270, 740.00
2, 168, 425. 03
3,477,443.10
247,500.00
2, 342, 142. 95
----- - - ----14,758,827.88
155
20
$244, 400. 00
IOI, 800. 00
421,000.00
145. 900.00
106. 249. 88
28,450.00
25,980.00
304,826.12
117, 500. 00
161 , 123. 19
---- ---------- -- 1, 996, 350. 00
1, 657,229. 19
See footnotes at end ol table.
Digitized by
$138, 450. 00
2, 030, 235. 29
Google
768, 191.6.1
242. 290. 00
2, 442, 445. 03
3, 172,6 16.98
130,000. 00
2, 181,019. 76
13, IOI, 598. 69
27
REPORT OF RECONSTRUCTION FINANCE CORPORATION
4.-Number of authorizations and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, and disbursements from Feb. S, 19SS, to Sept. SO, 1997, inclusive, by States '-Continued
TABLE
PBOCll:880BB, OB
DISTBJBUTORB 8UBIECT TO PROCESSING TAXES
[Under sec. 6 of the Reconstruction Finance Corporation Act, as amended]
N~ber Number Amount author•
author!•
of hor•
ized
zations
rowers
State
Connecticut
•• ---·----·-·-·-·•
Kentucky __________________
Montana. _______ ._ •• ____ ·--·
1erseY--·-···------·-···
1
1
1
1
1
1
1
~~fo
Amount with•
drawn or.
canceled
Amount dis•
hursed
$567. 68 ·-·--·--·-·-······
$567. es
3,428.00
3,428.00
487. 90 ·--·-··-····-···-$487. 90 ·········--······3,300. oo
3, 300. 00 ····-·-···---·--··
7,.400. 00
3, 905. 69
183. 31
6,816.69
7,000.00
---···---~:~~~- ··-·--··--foos~iiii
Pennsylvania.•. ·--·--·-·....
Tennessee.-----·--··-----·-- 1 - - - - J - - - - i - - - - - - - 1 - - - - - - - 1 - - - - - Total.. ___ ··-----------
7
STATE FUNDS CREATED J'OB THli PURPOSE
7
11,371.21
26,089.27
14,718.06
or INSURING REPAYMENT or DEPOSITS OF PUBLIC MONEY&
(Under sec. 6 of the Reconstruction Finance Corporation Act, as amended)
WIBconsln----·--------------1
Tot.al .•---·---------·-·
3
1
3
1
881
13, 087, 716. 88
f!3, 087, 716.
$23,084.70
$13, 064. 631. 18
23,084.70
13, 064, 631. 18
BOBBOW11:BS ENGAGED IN THli FISHING l'!iDUSTBY
[Under sec. 6 of the Reconstruction Finance Corporation Act, as amended]
Florida. ________________ • __ ·-
12
9
~~~·:::::::::::::::::::::
t
~
Massachusetts.·-----·---··-·
Oregon·--···-·--------····-·
South Carollna.-----······-Virginia ___ ·-------------·-··
Washington·--·------·-----·
3
3
2
1
1
2
2
1
1
2
26
21
TotaJ__________________
$57, 100. 00
$42, 900. 00
~
76, ~:
-··-----~~:~~~.
29, ooo. oo ·---·-·-···-----··
525,000.00 ·-·-···-·-----·-··
22,000. oo
·-·-·····-·-·---··
42,500.00 ···--···-·-·····-·
67,000.00 .••.......•.... .••
$12, 200. 00
~
31, ~:
29,000.00
625,000.00
22,000.00
42,500.00
57,000.00
-----1----11------1--·----1-----809,400.00
77,900. 00
TOTAL, SEC. 6c OF THE RECONSTRUCTION FINANCE
AMENDED
719,375. 00
CORPORATION ACT, AB
[Subscriptions for stock of mortgage loan companies]
Illinois ___ --------·-----·-··TotaJ_ •• ______ ._._._···
The RFC Mortgage Co.2. __ .
1
1
$1,250,000. 00
$1, 250, 000. 00
1----1----1------;------·1-----1
3
1,250,000.00
1,250,000.00
25,000,000.00 ·-·-······-··-··-·
$25,000,000.00
1----1----1-------1------·1------
0rand totsL--··------
4
2
26,250,000.00
1,250,000.00
25,000,000.00
Bee footnotes at end of table.
Digitized by
Google
28
REPORT OF RECONSTRUCTION .FINANCE CORPORATION
4.-Number of authorizations and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, a!ld disbursements from Feb. 2, 1932, to Sept. 30, 1937, inclusive, by States 1- Continued
TABLE
T OTAL, SEC . 5d OF THE
RECONSTRUCTION FINANCE
AMENDED
COR PORAT ION ACT,
AS
[Direct loans to industrial or commercial business, Including participations)
N umber
or
au thori zati ons
State
Kumber
ol bor·
rowers
A mou nt au t h or•
ized
A mo u n t wi t b·
drawn or
canceled
Amoun t dis•
b u rsed
--Ala bam a ....•... . .. ______ .. .
Ari zona ______ __ __ ___ _____ ___
Arkansas .....• -._ .. .. . .. __ ._
C~.lifornia. ____________ ______
Colorado . .. - ··-·· · · · -·- · --··
Connecticut._ ........ _._._ ..
Dela ware . . . ... .. . . . ··- · . . . ·D istri ct ol Columbia .. . .. . . .
Florida. __ ·----- - - - --- - ----- 0 eorgia . . _____ -·-- ____ . - _____
Idaho .. __ ____ · --- _______ . __ __
Illinois ._.·-·-·- · ------ · · ·-·.
Indiana._ .. ·- -- ---·-·-·-·-·-
lowe .. . ·---·-·-·--- · ·- · - · -··
Kansas . .... _. __ ·-_ •. _. ___ .. .
Kentu ck y ·-·-·------·- · -·--Louis iana ___________________
M a ine. · - · - -·-·-·-·-·-·--- · ··
M ary la nd · -·- · - · ---------·-·
M assac husetts.·- · -·-·-·- ·· ··
$1, l 13,983.33
135.000. 00
5, 034, 900. 00
2, 851. 500. 00
594. 500. 00
3, 6-12. 500. 00
312,500.00
128. 000. 00
I , !i89, 125. 00
4, 791,223. 43
594 , 600. 00
JO, 062, 768. 65
2,791,900. 00
1, 23 1,000.00
930,688.27
2, 456, 000. 00
375,800.00
211 ,650. 00
3, 212,671.67
6, 753, 850. 00
6, 890, 866. 07
on, 560. oo
597,180.00
6, 040, 400. 00
288,242.50
531,1 60.69
95, 121. 93
830, 000. 00
15, 726, 450. 00
220,000. 00
19, 173, 992. 60
3, 709. 107. 14
563,560.00
10,363,016. 67
286,500.00
5, 134, 900. 00
18, 656. 834. 00
a, 046, ooo. oo
2, 280. 550. 00
63. 600. 00
4, 356, 268. 74
1, 394, 825. 00
li18, 145. 32
299, 500. 00
I, 377, 600. 00
4, 667, 9,20. 16
1,272, 345.45
2, 609, 550. 00
7,500.00
11,000.00
200,000. 00
154, 500.00
2,482
2. 210
161. 974 ,356. 62
8
44
134
71
41
~l~~i! s~k~~::::::::::::::::
m~~~~~f_P_i::::::::::::::::::
IO
Montan a .. · - ·-· · ·--··---- - -Nebraska_ · -·-·-·-·-·- - -----N evad a . . ... . ·- · · · --- - ---- - New H ampshire. · -- · -------New J ersey_·---- -· --- · -·---New Mexico----·----------- ·
New York .. ·-·-------------Nor th Carolina--------·----Nor th D akota ___________ . _..
Ohio. _.. . . ·- · -------- - -----Oklabom a . . _·------- · ------Oreg-on . - · · ·------ - ----···-·Pennsy
ania·-·
· · ----- - - · - ·R h ode Ilvsland
________________
Sou th Carolina __________ ·-·Sou t h D akota ____ ____ . ____ ·T ennessee _____ • _____ __._ ._._
T e•as.
- - ---- ----- · ---____
··Utah
. ___.. ·___
___ __________
~r:ii;~\
~::::::::::::::::::
Washington.·- - ------- - ----W est Vir~inia __ ·-- · -·-·----Wisconsin ______ ___________ __
Wyoming ···-------·--------
~~8!!fc.::::::::::::::::::::
Puer to R ico. · ----- · - · -·-···-
85
17
28
2
4
136
4
391
50
8
141
9
60
180
15
18
10
50
54
10
8
28
85
30
32
I
I
1
10
38
I
39
21
10
33
3
8
77
122
16
105
52
20
40
33
14
8
38
121
69
39
19
77
15
25
2
4
114
2
337
47
8
123
8
51
149
13
15
10
47
51
8
6
27
76
26
30
1
1
1
10
40
1
40
26
12
39
3
II
84
139
19
11 6
54
22
41
35
15
- --
TotaL-- ·-· ------- · · --
$579, 033. 33
65. 000. 00
4, 660, 233. 33
I , 218. 355. 00
$382, 200. 00
332,500. 00
890,306. 00
358. 333. 80
I , 137, 972. 32
12,500.00
41, 500.00
208,081. 00
2, 042.505. 68
42, 549.00
3, 625, 411.98
646,500. 00
426,500.00
202, 250.00
911,663.68
93, 000.00
111 ,650. 00
I , 116, 713.67
2, 67R, 038. 58
I, 838, 792. 90
500,990. 93
41 7, 680. 00
I, 409,585. 56
6R, 992. 50
226, 100.00
24. 124. 14
135, 000.00
5, 494, 550. 00
95,000. 00
7,424,546. 95
I, 330, 443. 03
II, 600. 00
2, 747, 898. 19
83, 000. 00
1, 492, 900. 67
6, 525, 211. 56
295,000. 00
696,234. 14
43,050.00
741, 905.55
627, 469.65
101,500. 00
126. 190. 50
748,109. 26
1, 573, 563. 97
663,816. 64
1, 526, 437. 50
------- ---------11,000.00
209. 666. 20
200, 000. 00
12, 000. 00
-------------------------127,
--------500. 00
52, 448, 869. 35
93,096. 121. 91
See foot notes at end ol table.
Digitized by
2, 392. 000. 00
300, 000. 00
86, 500. 00
1,161, 444 . 00
2, 541 ,266. 05
472, 627. 94
6, 140, 318. 58
1, 583, 360. 28
79 1, 500. 00
716. 438. 27
1,027, 583. 33
232,800. 00
100, 000. 00
2, 084. 008. 00
3, 872, 521. 86
4, 843, 849. 98
438, 3'.!5. 92
176,575. 00
3,277,473.69
173,250. 00
244, 810. 69
70,997. 79
633,000. 00
7, 133,500. 00
125,000. 00
10,035,637. 18
2,257, 871. 42
425, 138. 60
6, 289, 192. 59
103, 500. 00
3, 340, 992. 72
10, 786, 954. 15
2, 751, 000. 00
525,176. 97
20,550. 00
3,074,m. 11
528, 315. 35
416,645. 32
173, 309. 50
568, (90. 74
2, 700, 626. 91
578,395. 95
1, 033, ll 2. 50
7,500. 00
Google
REPORT OF RECONSTRUCTION FINANCE CORPORATION
;
29
4.-Number of authorizations and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, and disbursements from Feb. 2, 1932, to Sept. 30, 1937, intlusive, by States 1-continued
T ABLE
LOANS TO INDUSTRIAL OR COMMERCIAL BUSINESS
[Under sec. 5d of the Reconstruction Finance Corporation Act, as amended]
State
Number
ol
authori-
zations
Alabama. __ ______ ___________
Aruona ________ __________ ___
Arkansas __________________ __
California. __________ . _______
Colorado. ___ _________ __ _____
Connecticut ____ ______ _______
Dtllawara____________________
District ol Columbia . . ___ ___
Florlda ____________________ __
Georgia.
_____
__--___
- - --- -- ---Idaho
. . __
______
__________
Illlnois ____________________ __
Indiana
___---------- --- -- -Iowa __ _____
_________________
Kansas _________ __ ____ __ ___ --
t~~~:::::::::::::::::::
Maine _____ _______ ____ ______ .
Maryland. ______________ -- -M8.!S8Chusetts _____________ - _
Michigan ____________ ______ __
Minnesota ___ __ ________ ______
~=:r
pi___ _______________
Montana ___________ ________ _
Nebraska __ ________ __________
evada .. ____ ____________ ___
New Hampshire ___________ __
~:; ~ re~~---------- -- ----New York __________ _________
North Carolina ___ ____ _____ -North Dakota_________ _____ _
Ohio ••.. __________________ - _
Oklahoma ____ _______ __ ______
Oregon ______ ________________
Pennsylvania___ _____ ______ . _
Rhode Island ____ _____ ____ . -South Carolina __ ____ ___. __ ._
South Dakota ___________ ____
Tennessee. ______ ___ ______ ___
i~·.::::::::::::::::::::::
li:~~---_:::::::::::::::
~l!!t Vkglnia . ___ ______ _____
fii:___________________
Puerto Rico ___________ ____ __
N umber
or bor•
rowers
21
18
68
JO
23
2
3
93
I
298
36
6
96
7
37
120
JO
13
8
34
47
8
5
22
56
20
22
1
I
JO
$808. 950. 00
65,000.00
4, 787. 700. 00
2, 340, 000. 00
549,500.00
3, 302, 000. 00
3 I 2, 500. 00
128,000.00
1, 544,875.00
3, 586, 606. 77
581,900.00
10, 645, 268. 65
2,651,000.00
1,219,000.00
619,354.94
1, 367, 500. 00
321,300.00
141,650.00
2, 666, 671. 67
6, 220, 850. 00
6, 448, 366. 07
592,600.00
587,180.00
5, 656, 950. 00
139,500.00
377,410.69
95, 121. 93
810,000. 00
14,914,450.00
120,000.00
17,267,692.60
2,004, 107. 14
562,000.00
8, 762, 683. 34
186,500. 00
3,646,150.00
I 6, 796, 734. 00
2, 342, 000. 00
1, 200, 300. 00
22,750.00
3, 222, 500. 00
1, 177, 200. 00
518, 145. 32
272,000.00
I, 21'8, 500. 00
3,739,420. 16
I, 007. 645. 45
2, 276, 800. 00
7,500. co
ll , 000. 00
154. 500. 00
1,839
140,937, 333. 73
30
1
34
22
JO
30
3
JI
82
109
16
108
46
21
32
23
13
7
41
28
1
33
18
8
24
3
8
76
93
14
97
44
19
32
22
12
7
35
105
66
21
18
76
JO
26
2
3
113
3
349
39
6
112
8
43
149
12
15
8
37
50
10
7
23
60
23
23
1
I
10
64
JIB
---Total.. ____ __ ____ ---- -2,081
Amount aut h or•
ized
Amount with•
drawn or
canceled
$291,250.00
------- 157,500.00
-- --------656,806.00
350,000.00
960,000. 00
12,500.00
41,500. 00
163,831.00
1, 484, 989. 02
35,849.00
3, 438, 31 I. 98
621,000. 00
414,500.00
112,750.00
614,000.00
88,500.00
Ill, 650. 00
1, 106, 713. 67
2, 246, 738. 58
1,476,292. 90
331,500.00
407,680.00
1, 113, 305. 56
16,500. 00
128,600. 00
24, 124. 14
Jl5, 000. 00
5, 202, 700. 00
95,000.00
6, 530, 800. 57
932,500. 72
ll, 000. 00
2,115,302.00
83,000.00
599,150.67
5, 830, 604. 48
291,000.00
675,123.03
8,050.00
502,902.86
614,844.65
JOI, 500. 00
98,690.50
629,009.20
l , IOI, 926. 11
496,499.50
I, 417,500.00
----- ---------- -ll, 000. 00
)2. 000. 00
43,881, ~6. 20
See footnotes at e nd of table.
Digitized by
Google
Amount disbursed
$3~7. iOO. 00
65. 000.00
, 590, 200. 00
1,218, 3.'i5. 00
193. 000. 00
2, 2i2. 000. 00
300,000. 00
86,500. 00
1, 161,444.00
1,956.416. 05
466, 627. 94
6, 069. 068. 58
1, 524, 960. 28
791. 500. 00
494, 604, 94
715, ,'iOO, 00
182, 800.00
36,000, 00
1, 548, 008. 00
3, 783, 744. 02
4, 763, 849. 98
244,675.92
176,575. 00
3, 205, 003. 69
120. 000. 00
244,810.69
70,997. 79
633,000.00
6,669, 750. co
25,000.00
9, 729, 443. 56
1,883,871 . 42
424,178.60
5,731,592. 59
103,500.00
2,748,992. 72
9, 92 1,504.15
2,051,000.00
525, l 7R. 97
14,700.00
2, 549, 272. ii
523,315. 35
416,645.32
1;3, 309. 50
56!'. 490. 74
2,580, 001.91
511 ,145.95
819, 300. 00
7,500. co
•
-- ------ 12,,
--------500. 00
--------85,412,433.43
REPORT OF R ECONSTRUCTION FINANCE CORPORATION
30
4.- N umber of authorizations and borrowers, to which authorizatiom WIT! :c•fo
made; and amount of authorizations, withdrawals or cancelations, and dilbursi- ,~ ;•
menls fro m Feb. 2, 1932, to Sept. 30, 1937, inclusive, by States 1-Continued
;-.,f
T ABLE
P URCHA SES OF PA RTICI PATIONS I N L OANS TO I NDUSTRIAL OR C OMMERCIAL BUSINES.'!
~!f1
[Under sec . 5d of the Reconst ru ction F inmcc Cor p ora t ion Act, as amendcdJ
State
Kuo'f ber
author!•
zations
N u mber
of bor•
rower:s
Amount author•
ized
6
4
I
2
6
4
$215,833. 33
122, 20(). U0
187, 500. 00
45,000.00
288. 5CQ. 00
44,250.00
796,350.00
12, 700.00
296, 500. 00
132. 900. l)()
12,000.00
303, 3a3. 33
575,000. ()()
M.5111.111
70,000.00
546,000.00
449. 200. 00
200,000.00
258,260.00
JO, 000. 00
69,050. OU
103,742.50
Y3, 750. 00
20,000.00
752. 100. 00
100,000.00
811 , 600.00
531), 000. 00
960. 00
997,500.00
l, 450,500. OU
I, 486,300.00
704. ()()(\, 00
10. 850. 00
708, 3UO. 00
205, 000.00
25, 61)().1)1)
303, 500. 00
222,500. 00
286, 750. UO
Alaba m a......... . ....... ...
Arkansas........... . ... . . . ..
Ca lifornia ......... ... - - -··· ·
Colorado ... . ... ... ......... .
Connecticut- . ..... ... -.... ..
Florida .. .... . .... . -•••- •····
Geor~ia ..... . ..... •-······ ·· ·
ldoho . ............... .......
Illinois............... ... ....
Indiana .. ·- ·· ··· ·· - · ··· ·• ·· ·
2
20
3
6
7
R ansas ....... ·-········-··-·
Rentucky . .... .. -·-·-· ······
8
5
2
2
M ai n•··· ··-· ·-·· ······ ······
Mar yla nd- .. • •··········-· - Massachu setts. .. ....... .... .
Micbiirnn. ........... ...... ..
Minnesota ....... .. .. .. -.....
Mississip pi... ...............
Missouri....................
Montf\Da.. .... . ......... ... .
Nebras ka....................
New Hampshire... ... .. .....
New J ersey .. .... .... ... . _...
New M exi ro.... .............
New Y ork .. . ... •· ·-··· ·· -· ··
Ko r th Carolina . ..... .... ... .
North D a ko ta...............
Ohio ... ... . . ............... .
Orego n .. ·- · ···········-·····
P en nsylvan ia .... .. ..... ... -.
Rhod e I sland .. . -.. .. . . ... .. .
Ro u t h Dakota ........ . ·--·-·
I
3
JI
a
13
I
I
3
JI
3
11
I
4
4
6
I
I
20
I
27
7
I
19
16
24
3
2
4
I
I
18
I
2.,
7
l
19
13
23
3
2
T rxo s .. ·· ······ · ····· · ·-····
Vi rg inia . ..... · -······ - --·--·
W ashi n~ton .... ..•........ -.
W est Virgini•···-·····-----·
Wisconsin . ..... ....•.. .... __
2
4
11
5
6
2
4
10
4
5
Iowa .. ........ ...... · -···· ···
2
6
I
19
2
6
7
I
Louisiana __ __ __ _____ ______ __
Trnnessee_____________ ___ __ _
Tota L. .. ...... ..... ..
(')
6
7
I
7
4
7
--;;i- - 25"i"°
Amount with•
drawn or
canceled
$34,500.00
50,000.00
187,500. 00
8,333. 80
148, 500.00
44,250.00
197, JOO. 00
6,700.00
114,500. no
17, 500. 00
12,000. 00
81,500.00
16,666. 67
4,500, 00
Amount disbursed
$181,33.1.3.1
70,033.3.1
,: : t
Il\,66UI
1:!l,OOlOO
' 71,2.50.00
58,4/XI.OO
········~1!!
"'''
70,00llll
536, 00).00
10,000.00
8.5,577.81
348,700.00
80,IXXl.00
120, ooo. on
193,6.I0.00
64,610.00
JU, 000. 00
8,000. 00 · ··-···· 61,1),11),00
53,2.iO.OO
50,492.50
93, 750.00 --------------·-··
20,000.00
288,350.00 •••••• 46.'l, 75(1.00
100,000.00
------ -----------306, !93.6'l
433,306.38
3i4,(X'j).lll
150, ouo. 00
960.00
--- -------- -----477,600.00
320. 500. 00
592,000.00
855. 500.()(J
865,450.111 ..
613. 000.00
i():\,00!).ll\ {;;:
4,000.00
5,651.00
35, ()()1).00
525, soo.ru
130, 800.UO
5,000.1111
--- -------------25, 600.(l()
198, 751).00
67,250.00 I.....
155,250.00
!93, 812511 1
82,937.50
13,532,029.16
~.iso:oo .
5, oos, 096. s:;
1,524, 713.IS
A GREEM EN TS TO P URCHASE PARTICJP.I.TIONS IN L OASS TO I NDUSTRIAL OR COMMERCIAL BUSINESS
......
"-
[U n der sec. 5d of I.he R econstru ction F inan ce Corpora t ion Act, as amended]
Ala barn, .... .. .....•.... · ·-·
Arkansas ....... ..... . .... . . .
Califcrn ia ........... ...... . .
Connecticu t . ...... . ........ .
Oeo,i,io . . ····- ····· · ········
Illi nois •....... ····-· . .... . . .
Indiana . • .... . .•.. ... .......
K ·1.ns,1s __ __ _________________ _
K entucky · ·- · ······- · ······ ·
Mas;ochusetts ...•• .... •• . . .
Michiran . . . ........... . .... .
?v1innrsota __ ____ _____ ----- __ _
Missou ri .... ·········· ·· ··-·
Montana· - ··· ······ - ·· · ·····
Nebraska ...... .... . . ... . ... .
New Jersey•... . ... ........ ..
N ew York . .. .. ..... ·- ····· · ·
North Carolina ._· ···· -- ·····
North Dakota.... . . . ... .... .
Ohio .. .. ....... ..... .... .•..
Oklahoma .... .. .... . . ...... .
Orego n .-·-·· ... ...... ···-· ..
P ennsylvan ia .. .... .... ... . .
South Carolina ... ..... . ... . .
T ennessee ........... .. .. .. . .
4
2
3
3
JO
4
2
3
3
10
2
I
I
1
7
5
2
;
5
7
5
I
I
1
2
7
5
I
I
3
~
15
4
I
14
JO
8
4
I
I
I
I
7
3
I
6
2
6
6
$89,200.00
12.5,000.0c
324, I)(){), I,()
42,000.00
408, 266.66
21. 000. 00
8, l,00. 00
s. °' 'o.ou
513,500.00
83. 800. 00
242,500.00
122. 700. 00
314,400.00
45,000.00
60,000.00
59,900.00
1,094, 700. 00
275, 000.00
600. 00
602,833.33
100,000. 00
38,250.00
373. 800. 00
I, 080, 250. 00
425,468. 74
·-\
$56, 450.00 ---··-············
125, oOO. 00 ---· · ·······•····· ""
4~. 000.00
29,472.32
36u, 416. 66
12,600.00
8,000.00
8,000.00
230. 997.01
80,600.00
242, oOO. 00
IN ,880. 9a
288,280. 00
---··-··· 10.m:oo
3, 750.00
3,500. 00
460,350.00
241,942.31
600. 00
312,096. 19
38,250.00
·•···
81,607.08
21,111.11 ··---···-·········
108,202.69 -··--·-·-······
See rootnotes at end or ta ble.
Digitized by
Google
REPORT OF RECONSTRUCTION F INANCE CORPORATION
l'.
31
4.-Number of authorizations and borrowers, to which authorization.s were
made; and amount of authorizations, withdrawals or cancelations, and disbursemen.ts from Feb. :e, 1932, to Sept. 30, 1937, inclusive, by States 1-Continued
·,:. TABLE
.~
C.:
,l
AGREEll!NTS TO PURCHASE PARTICIPATIONS IN LOANS TO INDUSTRIAL OR Co1O1ERCIAL BUSINESS-Con.
Amount with•
N u::lber
a uth ori •
Number
or bor•
Amount author•
ized
~
~!~'.::::::::::::::::::::
Washington . .. ........ ... . . .
- ::a:rt~'.~:::::::::::::::
Hawaii.. •...... .. . . •..•..• . .
2
1
1
14
2
3
1
2
1
1
10
2
3
1
$12, 625. 00
27, 500.00
93, 500. 00
625,000. 00
42,200. 00
46, 000. 00
200,000. 00
$12,625.00
27,500. 00
93,500. 00
272, 887. 86
12,067. 14
26, 000. 00
200,000. 00
$31,875, 00
Total .....•• .• • • •... . ..
129
120
7, 504, 993. 73
3, 559, 186. 30
158,945, 00
State
zations
Texes .. ... . .••..... . .... . ...
rowers
drawn or
canceled
Amount d is•
bursed
20, 000.00
TOTAL, SEC. 5e OF THE RECONSTRUCTION FI N AN C E CORPORATION A CT, AS
AMEND ED
[Loans on the asset s or closed banks and trust companies]
California ..•.•.•..•........ .
Colorado . ....•.•... . ...•....
Florida . . . . .. .•..... • ......•.
Ill inois . . .• . ....•.. • ••. . ... • .
Indiana . .. . ..... . ....••. . ...
..- Iowa . . •....... . . . . . . . .. • •• ..
Kansas ...... .... .... ...... . .
Michigan .. .... . . .......... .
Minnesota ...... . . ..... . ... .
-
__.. Missouri_ __________________ _
· Nebraska... .... . .. ......... .
Nevada . .. . . . . . .... . ... . . . . .
New York ........... . . .... . .
North Carolina.• . . ..........
North Dakota ..... ......... .
Oklahoma . . . . ... . . .... .•.•. •
Pennsyl vania ______ _______ __
South Carolina ..... .. .. .... .
South Dakota ..• .... . . ... . . .
. Texas . . . . .. •. . . •....... . .. . .
3
3
2
2
1
2
I
2
1
9
2
2~
10
I
16
I
2
2
21
10
I
16
I
2
2
2
32
I
32
I
2
2
I
22
I
22
12
4
· Wisconsin ..... . . .. .••..•... .
12
4
Total.. ...... . .••.. . . ..
148
·-1
1
9
147 1
$35,901. 55
$508. 68
$35,392.87
10, 050.20
2,812.00
7,238.20
I , 100. 00
680,585. 03
76,049: 67
604, 535.36
20,600. 00
4, 100. 00
22, 500. 00
105, 002.20
29,546. 79
75,455. 41
24,500. 00
I , 667. 40
13, 392.07
12, 929, 040. 55
250, 909. 22
10, 484, 699. 03
139, 847. 13
46, 845. 53
9,3, 001. 60
14, .50(), 00 . . .. .. .. . . . .... ...
14, 500.00
228,051. 84
45,21 8.13
61, 681.09
6, 000. 00
6, 000. 00 ····· · ·· ··········
16,922. 72
2, 691. 22
14,231. 50
15.005.00 ···• · • · ····· · ··· ··
15, 005. 00
563, 593. 08
37,432. 14
471 , 161. 84
8,800. 00
427. 51
8,372. 49
208. 000. 00
2, 955, 50
265, 044. 50
1, 450,000.00
237,287.60
4, 370, 91
154 ,633.39
194 ,053. 11
92, 179, 79
JOI, 873. 32
101,721.08
86, 146, 93
15,574.15
17,056,561. 99
689, 861.42
12,458.201, 82
TOTAL, EMERGENCY RELIEF AND CO NS T RU C TIO N A C T OF 1932, A S A M E N DED
Alabama .•••...• . ......•....
Arizona . ..... . ..............
Mkansas •. .•.•.........•... .
California ..•...•...• ·- .•....
~~:1t~cut •..••.•... . . • ....
Delaware.••....•........•...
'------lti!i\\\l\~: :
~lassacbusetts . .....•........
~ew Hampshire ....•.•.....•
N:: ~se.Y..................
~ew Yoerr: :::::::: : : : ::::
, ortb Carolina ............ . .
21
10
22
49
14
I
2
20
23
6
21
25
11
11
36
22
11
8
2
43
9
12
24
24
2
10
4
10
10
23
17
8
4
16
26
7
I
1
JO
4
2
9
8
2
5
18
16
4
4
2
II
2
5
9
4
2
1
2
7
5
16
10
$4, 585, 088. 00
$299, 500. 00
2, 86 1, 769. 00
13, 500.00
7, 022, 18. 92
1, I 18,219. 30
333,30 1, 081. 00
8, 567, 199. 87
6, 335, 223. 79
947,380. 00
100, 000.00
100. 000. 00
100, 000. 00
99,100, 00
5, 924, 820. 10
930,000.00
1,801, 692. 00
19, 000, 00
1, 086, 566. 00 ---- ---- ------ ---63, 284,944 , 00
4,678,250.00
6, 770, 04 2. 54
1, 233,211. 94
2, 161, 130. 00
9, 700.00
4,413,166.20
886, 527, 32
13, 750, 122.97
3, 642,213, 16
74, 958, 127. 00
52, 285, 227. 20
I, 937,895. 00
I, 025, 627. 04
81I, 230. 00
200,000.00
350,000. 00
138,603. 71
23, 097, 040.47
452,402.80
3, 156, 7S7. 00
575, 000. 00
4,444, 669.00
110,750.00
5, i 16, 929. 00
962, 140.00
2,577. 7R5. 00
27, 615, 00
75. 1)()(1 , 00
60,000.00
262,632.00 -------------- - --I , 610,603.00 -------------- - - - ·
5,656, 195. 37
97,336.40
6, 082, 503. 00
189,000. 00
55, 518, 2fi9. 65
6, 186, 344, 17
7,190,473. 20
612,508, 41
$4,286, 188, 00
2, 848,269. 00
5,904, 599. 62
234, 60 1, 143.39
5, 387, 43. 79
-- -- -- --- --------900.
00
4,994 , 820. 10
I, 782, 692. 00
I , 086, .566. 00
58, 526, 694. 00
5, 536, 830. e0
2, 151,4 30. 00
3, 526, 638. 88
I 0, 100, 909. 8 I
22. 672, 899. 80
9 12,267, 9 6
611 ,230, 00
21 1,396, 29
22, !i79, 637, 67
2,58 1, 787.00
4,333,9 19, 00
4, 754, 789, 00
2,550, 170, 00
15,000. 00
262,632. 00
1,6 16.603, 00
5, 5/i8, 858. 9 7
5. 773,503. 00
49, Ofi2, 925. 48
6,577, 964. 79
Bee footnotes at end of table ,
Digitized by
Google
32
REPORT OF RECONSTRUCTION FINANCE CORPORATION
4. -N umber of authorizations and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, and disbursements from Feb. 2, 1932, to Sept. 30, 1937, i nclusive, by States '---Continued
TABLE
T OTAL, EMERGEN C Y RELIEF AND CONSTRUCTION ACT OF 1932, AB AMENDE D-Continued
State
North Dakota ......... . . . ...
Ohio ...................... . .
Oklahoma.................. .
Oregon ......................
Pennsylvania. ____ __________
Rhode Island ................
Sou th Carolina ..............
South Dakota ...... . ....... .
Tennessee. ________ ----- -- --T exas ...................... Utah .......... . ... . . . ....•..
Virg in ia. ____________ ________
Washi ngton ............ . ....
West Virginia ...............
V"iscon~i n. _______ -- ---- -----
-::i'
:I!~.~~ ~ :::: ::: :: ::::::::
Puerto Rico .................
T ot~!.. ............... .
L oansF or fi nancing exports of
agricul tural surpluses•.
T o Commodi ty Cred it
Corporation '· · ········
Grand total. ..•..... ..
Num ber
of
au thori•
,.ations
N umber
of bor•
rowers
Amount au thor•
ized
12
51
7
22
15
2
10
6
22
40
15
32
25
18
13
1
2
4
2
13
3
5
7
1
3
2
5
26
7
13
7
3
6
1
1
3
$598, 768. 00
20, 786, 005. 00
4. 870,579.81
3,882,915.00
35, 563,375. 00
1, 123,590.00
4, 805, i70. 00
1, 908, 945. 00
16,086,075. 25
12, 450, 505. 85
3, 660, 739. 00
6,474, 154. 71
9, 08P, 278. 37
9, 833, 218. 00
14,006, 6i 5. 44
125.000.00
394,935.00
2, 660, 000. 00
800
329
795, 271 , 732. 64
6
3
---- - ---
17
823
333
Amount with•
drawn or
canceled
Amount disbursed
$1,080. 00
590, 517. 72
$597, 688. 00
20, 195, 487.28
-- -- -- ----------105, 820. 71
4, 870, 579. 81
3, 677, 094. 29
35, 320, 312. 76
1, 123, 590. 00
4, 724, 770. 00
1, 803, 945. 00
11, 777, 118. 67
9, 244, 854. 85
2, 975, 439. 00
5, 739, 048. 44
6, 584, 735. 20
0, 655, 218.00
13,910, 925.44
243,062. 24
-----------------81, 000. 00
105,000. 00
4 308,956. 58
3, 205, 651. 00
685,300. 00
725,106. 27
2, 504, 543. 17
178, 000. 00
95, 750. 00
----- ------ -------- ---------------503,687.93
00
394, 935.·
2, 022,254.47
98, 799, 831. 94
6C5, 429, 105. 36
53, 370, 955. 22
33, 146, 368. 56
20, 224, 586. 66
1,457, 248, 664.99
565, 274, 981.09
664, 421, 353. 18
2,305, 891, 352.85
697, 221, 181. 59
1, 290, 07 5, 045. 20
L OANS ON SE LF· LIOUJ!JATINO PROJ ECTS
[Under sec. 201 (al, ti tle II , or t he E mergency Relief and Construction Act of 1932, as am ended]
Alabama . . .. ............. . ..
Arizona _____________ -------.
Arkansas ....................
California .. . ................
Colorndo . . ........... . ......
Connecticut. ......... . ... . ..
Florida . .....................
Georgia ... .... . ............•
Idaho .......................
lll inois. _.... . ... . ........ . ..
I nd iana . ........ . .•••.......
Iowa .. . . ....... .... .........
K ansas ......... ... ......... .
Ei i i:~~~r_-: ::::::::: :: : : : : : :
Maryland ............ . ..... .
Mithigan ...... . ... . . . .......
~mi~f ti~·================ =
Mon ta na .... .. .....•.. . .....
Nebraska .................. .
New Hampshire . . .• .. .... ..
N'ew Jersey ...... .. .........
N ew Mexico . . .. .. ..•... . ...
N ew York ..... ·--- - · - --·- -N orth Carolina... . __ __.. . _. _
Ohio ............. . ....... . ..
Oklahoma ..............• . •. .
Oregon ........... . ...... . . . .
p ennsylvania .•.. . .... .. ....
south Carolina . ... ... .. •. . ..
south
Dakota . . ... . . . . . . . ...
T exas _________ ____ __ ____ ___ _
See footnotes at end of table.
6
3
10
13
5
1
7
2
1
7
4
1
3
16
4
1
3
1
2
3
2
2
1
5
5
10
8
10
2
2
4
3
1
21
6
3
10
8
5
1
7
2
1
7
4
1
3
14
4
1
3
1
2
3
2
2
1
4
4
9
8
9
2
2
4
2
1
20
$224, 000. 00
I, 413,500. 00
1,463,85 1. 92
310,655,700.00
2, 002, 233. 79
100,000.00
1, 644, 930. 78
41,000.00
60,000.00
7,830, 723.00
833,000.00
9,700.00
820,000.00
1,5 19,624.00
16, 063, 000. 00
59,850.00
718,84 1. 47
575,000.00
325,000.00
996, 140.00
207,000.00
75,000. 00
250, 000.00
3, 361,904.37
5, 694, 600. 00
27, 218, 000. 00
1,1 20, 473. 20
628, 800. 00
299,982.81
734. 625. 00
315, 000. 00
230,500. 00
105, 000. 00
4, 278, 662. 85
$149,500.00
13, 500. 00
515,000. 00
6,097,000.00
572, 430.00
100, 000. 00
930, 000. 00
19, 000. 00
$74,500. 00
1,400, 000. 00
948, 851.92
214,425,962. 26
1, 429, 803. 79
-- --- - -- - - ---714, 930. 78
22,000.00
60, 000. 00
---------------4, 676, 250. 00
3, 074, 473. 00
773,000.00
60, 000.00
9,700.00 ----820,
- --- - ---000.00
--- --------------fi l4, 624. 00
998, 000. 00
1, 789, 777.20
14, 273, 22'1. 80
59,850. 00
---- ---- 75,000.
--- ------00
643, 841. 47
575, 000. 00 ------ --- --------50, 000. 00
275,000.00
054, 140. 00
4 2, 000. 00
27, 000. 00
180, 000..00
60, 000. 00
15, 000.00
250,000.00
85,904.37
3, 276, 000. 00
189,000. 00
5, 385, 600. 00
5, 087, 000. 00
21, 862, 000. 00
592,473. 20
528,000.00
175,300. 00
453, 500. 00
299,982.81
---- -----10,000.00
--- ---- -724,625. 00
21 5, 000. 00
100,000.00
81,000. 00
149,500.00
105,000. 00
3, 185, 650. 00
1, 093, 012, 8/i
Digitized by
-- --
-- --
Google
REPORT OF RECONSTRUCTION FINANCE CORPORATION
TABLE
33
4.-Number of authorizations and borrowers, to which authorizations were
made,· and amount of authorizations, withdrawals or cancelations, and disburse-
ments from Feb.
e,
19911, to Sept. 90, 1997, inclusive, by States 1-continued
LOANS ON BELl!'•LIQUIDATING PROlECTS-Contlnued
N°::rber Number Amount author•
author!•
of bor•
ized
zations
rowers
Stats
Utah........................
6
Virginia.....................
Washington.................
West Virginia...............
Wisconsin...................
Wyoming...................
Puerto Rico.................
8
2
1
1
1
1
6
8
2
1
1
1
1
$737, 300. 00
2, 110, 225. 80
3, 026, 318. 37
3,000.00
40,000.00
125,000.00
1, 300, 000. 00
176
399, 217,487.36
f-----1
Total..................
189
Amount with•
drawn or
canceled
Amount disbursed
$685,300.00
121,376.00
2, 476, 318. 37
3,000.00
$52, 000. 00
1, 978, 849. 80
550,000.00
30,913,243.14
277,660,506.48
----------------40,000.00
----------------------------------1, 300, 000. 00
------------------
LOANS J'OB FINANCING REPAIR OJ' DAIUGE BY EARTHQUAKE, FIRE, TORNADO, OB CYCLONE IN 1933
[Under sec. 201 (a) (6) of the Emergency Relief and Construction Act of 1932, as amended]
Tennessee ••••••.••••••••••••
6
1
1
4
1
1
1
1
2
1
$7, 600, 000. 00
1, 000, 232. 20
200,000.00
1, 650, 000. 00
100,000.00
$639. 00
886,527.32
43,200.00
990,627.04
130. 74
$7, 499, 361. 00
113,704.88
166,800.00
669,372.96
99,869.26
Total. •••••••••••••••••
13
6
10,450,232.20
1, 921, 124. 10
8, 629, 108. 10
California •••••••••••••••••••
Kansas ....••••••••••••••••••
Louisiana •••••••••••••••••••
Maine. ••••••••••••••••••••••
LOANS
J'OB
FINANCING OJ' AGRICULTURAL COKKODITIES AND LIVESTOCK
[Under sec. 201 (d), title II, of the Emergency Relief and Consvuctlon Act of 1932)
Alabama ...••.•......•.•• ..•
Arkansas ••••••••••••••••••••
California •.••....••......•.•
Colorado •....•.•.•......•••.
Delaware .•.•.••.•.. . ...•..•
Florida •••••.•••.•.••..•..••.
Georgia .....................
llllnois .••....•..•...•....••.
lndiana .••.•.•.•...•..•..•••
Kentucky ...•.•.•..•...•••.•
Louisiana .•••.••......•.••.•
Maine ...... . ...............
Maryland •.•.•.•...••....••.
Massachusetts ....•. . .••. ••.
::~~fp'iiL
====== ======= == ==
Missouri .....•.••...•...••.•
Montana •....••.•..•••.•• . •.
New Tersey .••.•.•....••..•.
New York._-···············
North Carolina...•...••..•.•
North Dakota ••..•.•.•...•..
Ohio •....•...••.••...•...•..
Oregon .....•••.•...•......••
Pennsylv-an.ia ...••.•.•....••
Tennessee •...•..••.....••..•
Texas ..•.... ........•..•..•.
Virginia ...•.•..•••..••.•.••.
Washlnftton ...••••..•.••....
west VIJ'ginia ••••.•••..• ••..
Wisconsin ....•.•••..•....•..
Pnerto Rico •..•.••..•.••.•..
1
5
21
1
2
7
1
1
6
11
11
1
5
2
10
2
6
1
4
8
4
1
4
4
4
8
6
4
5
2
7
2
1
5
16
1
1
2
1
1
3
3
10
1
2
2
7
2
5
1
2
6
I
1
3
2
2
3
5
4
4
1
4
1
$150, 000. 00
725,000.00
5, 063, 750. 00
500,000.00
100,000.00
393,377.32
15,000.00
10,500.00
757,111.54
5,501, 51 I. 97
50, 495, 000. 00
35,000.00
575,000.00
350,000.00
670,000.00
60,750.00
104,000.00
2,500.00
285,000.00
1, 700, 269. 65
120,000.00
6,000.00
885,000.00
350,000.00
318, bOO. 00
12, 610, 723. 25
219,551.00
868,624.91
85,530.00
175,000.00
1,571,313.44
1, 000, 000. 00
$150, 000. 00
603,219.30
2,469, 560. 87
374,950.00
99,100.00
---------------------------2,000.00
---- ---460, 21i, 94
3, 127, 58 . 16
50, 452, 250. 00
35,000.00
200,000.00
138,603. 71
3TT,402. 80
60,750.00
8,000. 00
615. 00
11,432.03
1, 099, 344. 17
20,035.21
1,080.00
400,217. 72
95,820. 71
28,062.24
4, 308, 825. 84
20,000.00
603,730.27
28,224.80
175,000.00
95,750.00
503,687.93
---------$121,
-- ---780.---70
2,594, 189. 13
125,050.00
900. 00
393,377.32
15, 000.00
8,500.00
296,899.60
2,373,922.81
42, 750, 00
375,000. 00
211,396.29
127,597.20
----------96,000.00
--------
1,885.00
273,567.97
600,925, 48
99,964. 79
4,920.00
484,782.28
154,179.29
290,437. 76
8,301,897.41
199,551. 00
264,894.64
57,305.20
----------------I, 476,563. 44
362,254.47
103
85, 604, 013. 08
65, 950, 463. 70
19, 354, 491. 78
17
1
1, 457. 248, 664. 99
565, 274, 981. 09
664, 421, 353. 18
173
104
1, 542, 852, 678. 07
631, 225, 444. 79
683, 775, 844. 96
Total.. ............••.•
Loans to Co=ocllty Credit
Corporation '·········· .••.
156
Grand total. •....•••.•
Bee footnotes at end of table.
32187-38--3
Digitized by
Google
34
REPORT OF RECONSTRUCTION FINANCE CORPORATION
4.-Number of authorizations and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, and disbursements from Feb. 2, 1932, to Sept. 30, 1937, inclusive, by States 1-Continued
TABLE
AMOUNTS MADE AVAILABLE FOR RELIEF AND WORK RELIEF
[Unde r sec. 1, title I, of the Emergency Relief and Construction Act of 1932]
State
N u~ber
a uth ori•
zations
Alabama .. .... .. .. . . . ...... .
Arizona __ _____ ____ ______ ____
Arka n sa s . ..... .. . . .. . .. . . . . .
California __ . . .. . . . . · ·-· ··-· .
C olorado . . . .. . . . . . . ........ .
Florida ..... . ... . .. ... . .. ... .
G eor gia __ . ... . ... . .. .... . . . .
Idaho . .. · -·· · ··· · . . ... ... . . •
nlin ois . . . . . . . . .. ....... .. . . .
India na __ ... . ... ... . .. . . . .. .
Iowa .. .. . . . ..... ... ... .. .. . .
Kanasas _____ __ ___ _______ ___ _
K entucky . . ... . .... , .. ... . . .
Louisiana ___ ___ ____ __ . __ ___ _
M a ine . .. . . . .... .. . .... .. . . . .
Mar yland . . ... . ... • • .. . .. ...
Michigan . ... . .•.......... .. .
Minnesot a . . . .. .... . . . . . . . .. .
~l:
~~~f~!::::::::::::::::::
Montana ......... . ... . . ... . •
Nevada . . . . . . .... .. . .. .. . .. .
New Hampshire ... . . .... .. . .
New Jersey . . . .. . .. .. . ... ... .
New Me xico .. .• . .. .. ...•. • .
New York .. ... . .... . . . ..... .
North Carolina .. .. .... . .. . . .
North Dakota . . . .. . . •... . .. .
Ohio .. . .. ..... . . ... ...... . . .
-Oklahoma . . .... .. .. ........ .
Oregon . . .. .... ... . •. _.... _. .
Pennsylvania ..• .. .. ... . . .•.
Rhode Island . . .. .. .... . .... .
South Carolina . . . ... . .. . .. . .
South Dakota . ........ . . ... .
Tennessee . ... . ... • . . .... .. ..
Texas . ........ .. ... . ....... .
Utah . . . ..•......... . ..... . . .
Virginia .. .. .. .... ..... .. ... .
Washington . .. ........ . . .. . .
~~~~!rt~~~::::::::::::::
N umber
of bor•
rowers
6
20
5
13
15
10
7
9
6
6
2
30
8
8
16
21
10
3
I
5
5
5
II
37
5
16
7
2
7
5
13
13
9
20
18
15
5
2
1
Total .•••••... • . . .•....
442
Amount with•
d ra wn or
canceled
$4,211. 688. 00
I, 448, 269.00
4, 833, 967. 00
10, 08 1,63 1. 00
3, 832, 900. 00
3. 886, 512. 00
I, 745, 692.00
I. 026, 566. 00
55, 443, 721. 00
5, 179, 931.00
2, 151,430. 00
2. 592. 934. 00
6, 728, 987. 00
8, 200. 127. 00
252,895. 00
176,380. 00
21 , 808, 199. 00
2, 581, 787.00
4, 058, 919.00
4. 61 6,789.00
2, 368, 235. 00
262,632. 00
1, 366, 603. 00
2, 009, 291. 00
387. 003. 00
26. 600,000. 00
5, 950,000. 00
592,768.00
19, 272. 205. 00
4, 570, 597. 00
2, 798, 200. 00
34 . 929,875.00
I , 123. 500. 00
4. 575,270.00
I, 803, 945. 00
a, 375, 352. oo
7, 952, 292. 00
~. 923, 439. 00
3, 495, 304. 00
/,, 977, 430. 00
II, 655, 218. 00
1~. 395,362. 00
394,935.00
360,000. 00
14
7
7
9
8
Hawaii. . . ...... . . . ... .. ... . .
Puerto Rico . ........ . .. .. .. .
Am ount a uthor•
!ze d
44
300,000, 000. 00
$15, 000.00
1.00
15, 001.00
See footnotes at end of table.
Digitized by
Google
Amount dis·
bursed
$4, 211,688. 00
1, 448, 269. 00
4, 833, 967. 00
10, 08 1, 631. 00
3, 832, 900. 00
3,886,512. 00
1, 745, 692. 00
I, 0 26, 566. 00
55, 443, 721. 00
5,179, 931. 00
2, 151,430. 00
2, 592, 934. 00
6, 728, 987. 00
8, 200.127. 00
252,895. 00
176,380. 00
21,808,199. 00
2, 581, 787. 00
4,058, 919. 00
4,616. 789. 00
2, 368, 285. 00
262, 632. 00
1, 366, 603. 00
2,009, 291. 00
387, 003. 00
26, 600. 000. 00
5, 950, 000. 00
592, 768. 00
19,257,205. 00
4, 570, 597. 00
2, 798, 200. 00
34, 929,875. 00
1, 123, 500. 00
4, 575. 270. 00
1, 803, 945. 00
3, 375. 352. 00
7,952, 291. 00
2, 923. 439. 00
3. 495. 304. 00
5, 977, 430. 00
9, 655, 218. 00
12, 395, 362. 00
394. 935. 00
360,000. 00
299, 984,999. 00
r
-· ;-:-,--:;; ';c'
"rABL)!;
":;;!.
~
.;.•r.:: .- ,~- ·;·
4.-Nu,nber of autl,,orization11 and borrowers, to which authorizationa were made· and a'lnount of authorizations, withdrawals or
cancclations, and disbursements from Feb. 2, 1932, to Sept. 30, 1937, in~l-u.sive, by States• -Continued
TOTAL, ACT APPROVED MAR. 9, 1933, AS AMENDED
:
[Loans on and subscriptions for preferred stock, and purchases of capital notes or debentures, of banks and trust companies]
I
I
Number Number Le88 du• ,Net num•
of author• of bor•
pllca·
her of
izations
rowers
tions 8 borrowers
Amount with•
'1:1
0
~
--------------------1---l--l--l--l-----l----l---- ~
Alabama_-------------------------------·---------------------· · __________ ----- ,.
$15, 853, 575. 00
97
77
$16,143,200.00
$289, 625. 00
State
Arizona __________ .. __________ . ___________ -··· ___________________________________ _
Arkansas ... _____ ... ___ • _______________________, _________________________________ _
California _______ .. ______________________________________________________________ _
Colorado ___________ . __ .. _.. ____________________________________________ . _______ ..
Connecticut_. ___ . _________ . ______ ._ .. ____ ._._. _____ .. __________ --- __ ... ____ ... __ _
Delaware__ ._ .. _____ . ___ ... ______________________ . _______ . ____________ . __________ _
District of Columbia __ . __ . ________________ . _____ . ____ ..... _________ . ____________ _
Florida_____ .. __ .. ___ ._._. __________________ .. _______________ ._._ ... _. _______ ._._.
Georgia ___________ ._. __________________________ ... ______ ._ .. _._. ______ . ____ . ____ _
Idaho_ .. __ .. __ •.... _______________ . ____________ . _______ ... ______________________ _
Illinois .. _. ______ ._._._. ___ . ________ .. __ .. ____ . _______ .. ______________________ .. __
Indiana _____ ... __ .. _______ . ___ . _____ . _____ .. ______ ._._ .. ____ ._. _________ . ____ ... _
Iowa _____ .. ___ . ____ . ______ ._ .... ____________ . ___________ ... ____ .. ____ . ______ • ___ .
Kansas._ .. ______ .... ________ .. ______ . ____ . ___________ .. ____ . _________ . _________ ..
fiiiW~!t___ :: :: ::::::::::: :: ::: :: :::: :::::: ::::::: :: :: :::::::: ::: ::::: :: :::::::
Maine ___________________________________________________________________________ _
Maryland _______________________________________________________________________ _
Massachusetts___________ . __________ ...... _____ . __________ .. _____ • _______ . _______ _
Michigan·----------------------------------------------------------------------0
cg:
;;a·
(1)
Q_
~
CJ
0
~
~
S!f~~i~f~!:::: :: ::::::::::::::::::-::: ::::: :: :: :::::::::::::::::::::::::::: ::::::
Montana ____ ... ________ . _______ . _______ ... ____ ._._ .... _____ ._ ... _________ . ______ _
Nebraska.· ___ .. ____ ......... ___________ . __ . ______ ... ____________________ . ______ .. .
Nevada
_________________________
.--------------------------------- ----- ----------_
New Hampshire
________________________________________________________________
New Jersey _____________________________________ _
New Mexico
New York ____ _
North Carolina.... ___ ... _____ . __________ . __________________________ .• ___________ _
North Dakota ______ ... ___ . ____________________ . ____ . _______ .---····-- _________ _
Ohio_-------------------····-------------- _ . _-, __________ -··- ··--. _. _____ .
S~e f~otnotes at end of table,
6
139
151
63
87
15
9
63
IOI
35
258
346
155
232
144
204
46
77
94
222
au
289
281
76
781
4
15
343
25
671
147
J53
&57
84
6
133
140
59
43
14
8
52
96
29
248
307
152
221
135
201
45
69
76
206
--- -- - -1- -
6
127
137
59
42
----------
14
-··-··•-;-1
-
---·-----·
7
I
I
2
---------1
------------------81
4
I
----------2
289
8
288
129
252
1
75
15
198
38
4 ---------15 ---------274
29
22 ---------584
56
142
1
141
1
1~5
i
8
45
95
28
246
307
151
221
135
120
41
68
76
204
281
159
251
60
160
4
15
245
22
528
141
140
433
Amount au•
thorlzed
2, 455, 000. 00
5, 365, 500. 00
58, 373, 070. 00
5, 040, 000. 00
8, 609, 800. 00
2, 680, 000. 00
5, 200, 000. 00
2, 307, 200. 00
5, 897, 500. 00
2, 335, 000. 00
93, 739, 500. 00
18, 664, 250. 00
• 12, 575, 500. 00
6, 049, 250. 00
11, 182, 500. 00
16, 572, 000. 00
11, 173, 000. 00
11, 038, 130. 00
20, 031, 000. 00
43, 864, 500. 00
18, 023, 125. 00
15, 368, 150. 00
25, 644, 500. 00
4, 117,500.00
9, 385, 400. 00
205,000.00
I, 363, 000. 00
84, 235, 300. 00
I, 077, 500. 00
389, 672, 150. 00
8, 167, 500. 00
4, 504, 500. 00
.99, 255, 764. 00
drawn or canceled
25,000.00
946,500.00
9, 870, 645. 00
146,500.00
1, 417, 674. 00
2, 112, 700. 00
2, 300, 000. 00
131,000.00
1, 062, 000. 00
205,000.00
3, 048, 385. 83
I, 873, 000. 00
2, 327, 500. 00
776,500.00
2, 302, 650. 00
I, 060, 000. 00
2, 047, 500. 00
I, 959, 960. 00
3, 356, 800. 00
3, 239, 839. 00
701,100.00
I, 055, 000. 00
4, 883, 375. 00
87,000.00
946,250.00
-----------------611,365.00
9, 513, 283. 93
362,500.00
74,295,544.17
694,000.00
490,000.00
7, 133, 527. 00
Amount disbursed
2, 430, 000. 00
4, 419, 000. 00
•s. 502, 425. oo
4, 893, 500. 00
7, 192, 126. 00
567,300.00
2, 900, 000. 00
2, 176, 200. 00
4, 835, 500. 00
2, 130, 000. 00
90,591, 114. 17
16, 741, 250. 00
10, 248, 000. 00
5,272,750.00
8, 879, 850. 00
16, 512, 000. 00
9, 125, 500. 00
9, 078, 170. 00
16, 674, 200. 00
40, 624, 661. 00
17,322,025.00
14, 283, 150. 00
20, 751, 125. 00
4, 030, 500. 00
8, 266, 050. 00
205,000.00
751,635.00
73, 972, 016. 07
715,000.00
307, 875, 605. 83
7, 463, 500. 00
4, 004, 500. 00
92, 122, 237. 00
:
0
0
z
I
....
~
l,z;J
~
~
t,,j
0
0
~t:tl
....~
~
c.-,
Con
'I
TABLE
4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or
cancelations, and disbursements from Feb. 2, 1932, to Sept. 30, 1937, inclusive, by States 1-Continued
~
~
TOTAL, ACT APPROVED MAR. 9, 1933, AS AMENDED-Continued
State
~
I
I
Number Number Less du• 1Net number of
plies•
of author• or bor•
tions borrowers
izations rowers
Amount with•
drawn or can•
celed
Amount au•
thorized
Amount dis•
bursed
t,,:J
"'
0
~
t-:3
Oklahoma........•....................•.•...•.••.••••••••.•••••••••..••••.••.....
Oregon .............•.•••. ••••.....•••....•..................•............••••.•..
Pennsylvania . ..•• ...••.•••...•.... .........................•...•........ .......•
Rhode Island ................. ................ ......•.•..••.. ·..•••••.•••......•.•
South Carolina.............•.......•........••.•••..•..•.•.•••.....•..•..••••....
South Dakota ................. ..... .........•.•....••.•••••.•....••••...•.•......
Tennessee... ...........•••.... ..... .•.•.•.•.•• •.....•............................
Texas .•.....•...•••••••••••.....•••...................................•.•....... .
Utah ..•.......•.......•...•...............................•....••...............•
~:n~t ==:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Washington ...........••••.......••...••.•••••••••••••••.•...••.••.•••••....••...
~ Fs!i~~lnla:::::::: :: :: :: : : : : : : :: : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : :: : : : : : : : : : : : : : :
Wyoming .. . .••.••••• •••.........•............. .......................... . ...••••
Alaska ...•...•...•..•......................•.........•..........•..•...........••
Puerto Rico .•..... .. ..•...............•..............................•.......•...
Virgin Islands .......•••••••..••....••••.••...........•..•.•.•••••.•••••••••.•....
0
cg:
"'
(1)
Q_
~
(')
0
~
fv
Total.. .........................••••.••...............•••.•••••••••••••.•...
Subscriptions for preferred stock of:
Export•lmport Bank or Washington •..•••....•......••••••••••••••••••.•••..
Second Export•Import Bank ot Washington, D. C.• •...•..••••....•.....•••..
81
61
450
5
45
143
138
464
44
61
176
114
105
525
31
1
4
3
57
56
386
4
40
129
135
446
6
11
1
2
4
44
60
164
110
95
455
27
1
2
2
51
56
375
4
40
128
133
442
44
60
163
110
95
453
25
l
____,____,____,____,
8,551
3
1
3
1
4
1
7,257
$11, 291, 000. 00
2, 300, 000. 00
56, 246, 850. 00
1,100,000.00
2, 931, 800. 00
4, 522, 100. 00
14, 221, 550. 00
36,314,750.00
4, 310, 000. 00
15, 795, 000. 00
12, 763, 000. 00
7, 496, 500. 00
6, 996, 000. 00
37,875,000.00
1, 687, 500. 00
37,500.00
1, 500, 000. 00
251, 000. 00
----------------2, 068, 350. 00
1, 432, 000. 00
534,933.34
4, 727, 900. 00
320,000.00
----------------- 250,
000.00
,_ 126, 000. 00
427
{ 1··········
I
$10, 934, 000. 00
1, 950, 000. 00
45, 995, 096. 50
898, 500. 00
2,771,800.00
4, 438, 100. 00
12, 559, 050. 00
31, 124,125.00
3, 995, 000. 00
15, 795, 000. 00
10, 694, 650. 00
6, 064, 500. 00
6, 411, 066. 66
33, 147, 100. 00
1, 367, 500. 00
37,500.00
1, 250, 000. 00
125,000.00
~~~~~~~:~~.
1, 059, g(,7, 453. 23
169, 303, 285. 77
1, 082, 467, 453. 23
6,83; 11·~:::: : : : 1•• .
2, 500, 000. 00 ......•••.......••
1
- 1I 1, 285, 444, 839. oo
- - : - -6,-832
1 - - - i - -4:J:1
_- - 1 - - -7,259
Grand total. •••.. ........•.... ....•••.........•...•..........••........••.. , - -8,555
See footnotes at end ot table.
$357, 000. 00
350,000.00
10, 251,753.50
201,500.00
160,000.00
84,000.00
1, 662, 500. 00
5, 190, 625. 00
315, 000. 00
20, 000, 000. 00
2, 500, 000. 00
0
►..;j
~
t,,J
0
0
z
Ul
t-:3
~
Cl
~
H
~
►..;j
H
~
0
t,,J
0
0
~
0
~
~
~
H
REPORT OF RECONSTRUCTION FINANCE CORPORATION
37
4.-Number of authorizati<m3 and borrowers, to which authorizati ons were
made; and amount of authorizatfons, withdrawals or cancelations, and disbursements from Feb. f3, 1932, to Sept . 30, 1937, inclusive, by States 1- Cont inued
TABLE
LOANS ON PREFERRE D ST OCK OF B AN KS AND T RUS T COMP.lN1ES
[Under the act approved Mar. 9, 1933, as a men ded]
No~!~r
tborizat ions
N um ber
of borrowers
Alabama ___ __ ____ _____ ____ __
Ari1ona ____ _____ ___ __ ____ __ _
Arkaosas _____ ______ ___ ______
19
1
9
7
California
__---------- ---- -Connecticut
____ ___ ________
__
Florida _____________ __ ____ __ _
Georgia___ ______ ____ ___ ______
12
42
15
7
5
State
1
1
7
l
:::is::::::::::::::::::::::
2
l
l
Kansas. ____. . ______ _______ __
2
l
1
2
4
4
5
1
3
2
Io.-n •• _____ _____ ________ ____
Maine.·---_. _________ ______ _
Maryland .. _____ _______ ____ _
Massachusetts. _____ ______ __ _
Michigan__ ___ _______ ___ _____
Minnesota ________ __________ _
~ ~ ~pi_ ___ ____________ __
Montana__ _____ _______ __ ___ _
Nebraska _____ ___ __ __ ______ __
NewJersey ________ ___ ____ ___
New York ___ ___________ ____ _
North Carolina ______ ____ ___ _
North Dakota ___ ____ _____ ___
Ohio .. ______ ________ __ _____ _
Oklahoma __ ___ ______ _______ _
Pennsylvania __ __________ ___ _
South Dakota __ ___ ___ _____ __
Tennessee ____ ___ ____ -- -- - --Texas. ___ ___ ____ _______ ___ __
~~~r'.~:::::::::::::::
Total ____ _____ ____ ___. _
1
12
2
22
1
1
1
689
73
88
3
1
8
1
1
1
106
29
42
3
3
2
1
1
28
6
56
12
1
6
2
7
2
5
4
1
4
3
1
l
3
2
1, 120
272
Amou n t au t horized
Amount withdrawn or can-
celed
Amoun t disbursed
$3. 180, 600. 00
$32, 025. 00
$3,148,575.00
50,000.00
50,000.00
549,500.00
549,500. 00
539,750. 00
3,071, 050.00
2, 53 1, 300. 00
149,800.00
309,800.00
160,000. 00
135,200.00
134, 200.00
I, 000. 00
25, 000.00
25,000. 00
25,000.00
25, 000.00
12, 500.00
12,500.00
50,000.00
50,000.00
28,000. Oil
25, 000. 00
3,000. 00
47,500. 00
525, 500. 00
573,000 00
30,630.00
30, 630.00
506, 000.00
506, 000. 00
437,500.00
5, 300 00
132, 200. 00
175, 625. 00
1, 600 00
174,025. 00
22,650.00 - - - - - ------------22,650. 00
1, 548, 000. 00
I, 548, 000.00 -------- - - ------ - 10,000.00
10, 000. 00
2, 811, 700. 00
248,700.00
2, 563, 000. 00
1, 702, 100. 00
4,929,050.00
3, 226, 950. 00
2, 207, 150. 00
227,950. 00
I, 979, 200. 00
12,500. 00
187,500.00
175, 000.00
20,000.00
20,000.00
2,400.00
2, 400.00
79 1,000.00
26-1, 500. 00
526, 500.00
410,550.00
27,100. 00
383, 450.00
6,100.00
6, JOO. 00
300,000.00
300,000. 00
300,000.00
151,250.00
451, 2fi0. 00
20, 000.00
15, 000.00
5,000. 00
200,000.00
200,000.00
83,000.00
83,000.00
115,000.00
115,000. 00
23, 274,755.00
5, 126, 025. 00
18, 148, 730. 00
SUBSCRIPTIO NS FOR PREFERRED STOCK OF B AN KS AN D TR UST COM PANI ES
[U nder the act a ppro ved M ar. 9, 1933, as amended]
Alabama. ___________________
Arizona__ _______ _____ ________
Arkansas__ ________ ___ __ ___ __
Celiforn!a __ ___ _____ ____ _____
Colorado. ____________ __ ___ __
Connecticut _____ _____ __ -- ___
Delaware ___ _______ . _______ __
District of Columbia ________
78
4
132
138
63
45
5
4
48
New Hampshire_________ ____
N::
t:roo--·--------------
21
34
150
62
154
230
144
102
30
17
82
219
109
153
100
50
52
4
15
267
25
75
4
126
134
59
42
5
3
45
20
28
144
61
151
219
135
101
29
14
73
203
106
152
91
49
52
4
15
243
22
$12, 962, 600. 00
I, 565, 000. 00
4, 8 16, 000. 00
50, 302, 020. 00
5, 040, 000. 00
8, 300, 000. 00
l f.5, 000. 00
3, 400, 000. 00
2, 172, 000. 00
2, 522, 500. 00
2,3 10,000. 00
85, 156, 000. 00
7,847,500. 00
12,525,500. 00
6,021 , 250. 00
11, 182, 500. 00
JO, 8.1R, 000. 00
8, 160, 000. 00
3, 880, 000. 00
19, 525, 000. 00
42,727,000. 00
13, 773, 500. 00
8, 965, 000. 00
JO, 750, 000. 00
3, 515, 500. 00
6, 007, 500. 00
205,000.00
1,363,000. 00
77, 956, 250. 00
1 077 500. 00
$25 7, 600. 00
25,000.00
946,500.00
9, 3.10, A95. 00
146,500.00
1, 257, 674. 00
27,700.00
2, 300, 000. 00
130,000.00
825,000.00
205,000. 00
1, 348, 385. 83
659,000.00
2, 327, 500. 00
773,500.00
2, 302, 650. 00
425,000.00
1, 000, 000. 00
1, 182, 460. 00
3, 356, 800. 00
3, 234. 539. 00
400,000.00
405,000.00
002, 875. 00
77,000.00
672,550. 00
--------611,365.
----- - ---00
7, 061,183.93
362 500. 00
Bee footnotes at end of table.
Digitized by
Google
$12, 705,000. 00
I, 540,000. 00
3,869, 500. 00
40,971, 125. 00
4, 893, 500. 00
7, 042,326. 00
137, 300. 00
1,100, 000. 00
2, 042, 000. 00
I, 697,500. 00
2, 105,000. 00
83, 707, 614. I 7
7, 188,500. 00
10, 198, 000. 00
5,247, n o. 00
8, 879, 850. 00
10,4 11,000. 00
7, 160,000. 00
2,697, 540. 00
16, 1C8, 200. 00
39,492,461. 00
13, 3i3, 500. 00
8, 440,000. 00
9, 84 7, 125. 00
3,438,500. 00
5,334,950. 00
205,000. 00
75 1,635. 00
70, 145, 066. 07
715,000. 00
38
REPORT OF RECONSTRUCTION FINANCE CORPORATION
4.-Number o.f authorizations and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, and disln.irsements from Feb. 2, 1932, to Sept. 30, 1937, inclusive, by States '--Continued
TABLE
SUBSCRIPTIONS FOR PREFERRED STOCK OF BANKS AND TRUST COMPANIES-Continued
State
Number
of
autbori•
zations
Number
of bor•
Amount author•
!zed
281
144
34
96
270
139
33
42
163
30
37
59
25
1
1
1
$149,875,800.00
7,970,000.00
2, 440, 500. 00
36, 984, 364. 00
10, 500, 000. 00
915,000.00
55, 836, 300. 00
1, 100, 000. 00
1,645,000.00
2, 973, 000. 00
13,921,550.00
26, 360, 500. 00
1,590,000.00
7,770,000. 00
12,743,000.00
3, 870, 000. 00
3, 365, 000. 00
16,557,500.00
1, 572, 500. 00
37,500.00
250,000.00
251,000.00
4,092
783, 557, 634. 00
New York ...• . .• • ..•..••• •..
North Carolina . . ••..........
North Dakota ..•...•.•••....
Ohio ..... . ...• . .. • .......•..
Oklahoma •.•.•...•...•.•. . ..
Oregon .•.. . ..•.•...•...•. ...
Pennsylvania.......... ......
Rhode Island .••........•. •..
South Carolina .... . ... • •. .•.
South Dakota ...... . .... . ..•
Tennessee ....•.• . ..••....• •.
Texas ..•.........•..••..•...
Utah .•.....•.•. . .... •.... ...
Vermont . ........ . . . .. . .. ...
Virginia ............ ..•... ...
Washington ........... .•. •..
West Virginia .•..•.• . ..•....
Wisconsin .......•....•••...•
Wyoming . ...•..............
Alaska.............. . ........
Puerto Rico ....••.....••. ...
Virgin Islands ....•..........
53
21
394
5
13
36
136
169
10
42
172
33
38
65
28
1
1
3
T otal .•.... . ......•....
Subscriptions for preferred
stock of:
Export•Import Bank of
Washington•. .. •.. •..•
Second Export-Import
Bank of Washington,
D . C. 1•••••••••••••• •••
4,312
Grand total ..••.•... •..
4,316
rowers
88
51
21
374
4
10
34
133
161
IO
3
4,094
Amount withdrawn or
canceled
$7, 432, 594. 17
681,500.00
40,000.00
1,686,027.00
92,500.00
25,000.00
10, 224, 653. 50
201,500.00
00,000. 00
25,000. 00
1, 662, 500. 00
3, 140,125.00
265,000. 00
----------------2, 063, 350. 00
1, 130, 000. 00
119,933.34
1, 445, 400. 00
320,000.00
------------- -250,000.00
$134, 942, 20s. sa
7, 288, 500.00
2, 390,500.00
35, 298,337.00
10,407, 500.00
890, 000.00
45, 611, 644. SI
898, 500.00
1, 555, 000.00
2, 948, 000. 00
12, 259, 050. 00
23, 220, 37$. 00
1,325, 000. 00
7,770, 000.00
10, 679, 650. 00
2,740, 000.00
3, 195, 064.111
15, 112, 100. 00
1, 252, 500. 00
37, 500.00
126,000. 00
125, 000.00
73, 665, 260. 77
701,451, 373. SI
45, 000, 000. 00
------------------
2, 500, 000. 00
------------------
831,057,634.00
Amount disbursed
73, 665, 260. 77
20, 000, 000. 00
2, 500, 000. 00
723,951,373. 23
PURCHASES OF C APITAL NOTES OR DEBENTURES OF BANKS AND TRUST COMPANIES
[Under the act approved Mar. 9, 1933, as amended]
1
1
9
5
75
103
246
100
12
;r:Jo!!f;;'.~'.~:::::::::::::::
P u erto Rico ....... ...•.....•
1
1
10
5
78
107
284
102
12
55
1
183
135
180
25
40
3
302
116
359
40
32
101
288
34
19
81
66
456
3
1
175
135
160
25
40
2
272
107
346
35
30
94
280
34
18
80
57
393
3
$840, 000. 00
5, 000, 000. 00
2, 515, 000. 00
1, 800, 000. 00
3, 350, 000. 00
8, 571, 000. 00
10,816,750. 00
5, 736, 000. 00
2, 440, 000. 00
7,127,500.00
700,000.00
4,074,000.00
6, 380, 500. 00
13, 346, 500. 00
592,000.00
566,200.00
1, 350, 000. 00
237, 589, 200. 00
2, 044, 000. 00
62, 259, 000. 00
1, 385, 000. 00
1, 286, 800. 00
1, 543, 000. 00
9, 503, 000. 00
2,720,000.00
8, 025, 000. 00
3, 626, 500. 00
3, 431, 000. 00
21, 234, 500. 00
1, 250, 000. 00
Total.. ............. • ..
3,119
2,893
431, 112, 450. 00
Arizona ......... .•.....•...•
California .•.....•......•...•
Delaware................... .
District or Columbia ....... .
Georgia.•.•. . ••. . ..........••
Illinois ...•.........•...•....
i':i~i!iii.=
==::::: ::::::::::::
Maine .•..........•••• . ••. . . .
Maryland ..............•....
Michigan ..•......•........••
Minnesota...•...........•••.
~::~~y~i~:::::::::::======
Montana ...... .••.... . ....••
Nebr aska .•. . ......•....•..••
New Jersey•.•........•......
New York ..•........•..•....
North Dakota......•........
Ohio .....•.....•...•....•...
Oregon ...............•...•..
South Carolina .....•.....•. .
South Dakota •...•..•.......
Texas .•....••................
Utah ..•............•. .......
Vermont ....................•
Washington ................ .
54
----------------------------------$2, 085, 000. 00
------------ --- -237,000.00
1, 700, 000. 00
1,214,000.00
635,000,00
1,000,000.00
777,500.00
----------------299,500.00
560,000.00
2, 432, 500. 00
10,000.00
25,000.00
750,000.00
66,635,000. 00
450,000.00
5,447,500.00
325,000. 00
70,l)OO.OO
59,000. 00
1, 750, 500. 00
50,000.00
-----------------302,000.00
415,000.00
3, 282, 500. 00
-----------------90, 512, 000. 00
SeeJootnotes at end of t able.
Digitized by
Google
$840, 000. 00
5, 000, 000. 00
430,000.00
1, 800, 000. 00
3, 113, 000. 00
6, 871, 000. 00
9, 552, 750. 00
5, 101, 000. 00
1, 440, 000. 00
6, 350, 000. 00
700,000.00
3, 774, 500. 00
5, 820, 500. 00
10, 904, 000. 00
582,000.00
368,100.00
600,000.00
170, 954, 200. 00
1,594,000.00
56, 821, 500. 00
1,060,000.00
1, 216,800.00
1,484, 000.00
7,752,500.00
2, 670,000.00
8, 025, 000. 00
3, 324, 500. 00
3, 016, 000. 00
17,952,000. 00
1, 250,000.00
340, 367, 350. 00
REPORT· OF RECONSTRUCTION FINANCE CORPORATION
39
4.-Number of authorizations and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, and disbursements from Feb. :e, 1932, to Sept. SO, 1937, 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.)
Nw::rr
author!•
State
zations
Arhona.•.•.....•..........•.
Ark8IlSIIS .... ................
Cali!ornia •••••••••••.•••••••
10
108
93
50
46
41
65
Colundo.
···················
11'1add&-••.•.•..•........•.•
Idlllo-......................
11
3
•~·.::::::::::::::::::
Minnesota. ..................
20
ar··················
-----------·--------·-----------------------------------.................. ---- ---- ------ -New Mexico..•••.••••••••..•
North Carolina••••.•••••.•..
Oregon ••.•••••••••••••••.•..
South Carolina••••••••••••.•
South Dakota ••••••••••••••.
Tennessee ...................
Teu&-...... .. -.............
Utah ...................... ··
~gton:::::::::::::::::
Wisconsin••••••••••..•••.•.•
1
111
93
22
11
6
11
1
43
6
6
6
91
16
2
26
Wyoming •••••••••••••.•.•••
1
2
Total••••••••••••••••••
902
Number Amount author• Amount with•
or bor•
ized
~
drawn or
rowers
canr~led
7
84
53
31
34
27
41
7
3
18
1
71
74
14
9
4
9
1
23
6
6
5
55
12·
2
17
1
2
617
$13, 772, 953. 77
13, 188, 802. 96
47,936,614.41
4, 872, 841. 35
8, 824, 873. 28
2, 640, 215. 33
3, 606, 001. 27
383,500.00
91,932.45
1, 468, 933. 77
302,500.00
5, 426, 235. 56
8, 056, 849. 86
1, 587, 249. 31
1, 690, 830. 20
969,433.00
891,307. 76
38,000.00
2, 963, 736. 46
280,160.00
156,100.00
110,300.00
14, 915, 824. 64
637,500.00
136,200.00
1,374,495. 70
22,000.00
43,900.00
136, 389, 291. 08
$2,875.59
1, 846, 843. 96
7, 396, 986. 75
1, 550, 553. 85
180,666.88
778,386.14
840,066.96
183,000.00
21,000.00
571,522.92
302,500.00
613, 9M.46
1, 003, 625. 03
519,932.36
125,852.94
434,856.94
9,807.76
1,000.16
95,919.89
119,571.63
6,000.00
16,000.00
897,721.62
119,500.04
200.00
253,050.00
Amount dis·
bursed
$3, 071, 388. 21
9, lM, 843. 46
22,988,617.70
2,657,905. Oll
3, 7M, 173. 15
1, 392, 550. ',7
2, 267, 499. 24
193,735.28
33,663.66
810,827.57
------------- ---4, 721, 551. 59
6, 531, 824. 21
1, 034, 223. 12
1, 514, 620. 12
534,576.06
790,885.87
36,999.84
2, 795, 734. 83
124,928.37
150,100.00
91,193.64
12,317,311.98
315,487.69
136,000.00
1, 116, 872. 90
-----------------------·----------33,400.00
-----------------17,891,395.88
78, 570, 914. 05
TOTAL, ACT APPROVED JUNE 10, 1933, AS AMENDED
[Loans on, and a subscription !or, preferred stock of Insurance companies)
Kansas .•.•••••••••••••• ·-···
Maryland...................
Michigan....................
Minnesota...................
Missouri.....................
New Jersey..................
New York...................
North Carolina ••••• ·-·······
Total. ••••• _...........
1
4
2
1
1
1
1
1
1
3
1
1
1
1
1
1
12
10
$100,000.00
22,350,000.00
4,125,000.00
100,000.00
150,000.00
4,000,000.00
3,500,000.00
50,000.00
-·················
················-·
.•.•.....•...•.•••
...•...........•••
...•...•....••...•
...•••.•.......•••
...•.....•.•......
.•.....•..••...•..
$100,000.00
22,350,000.00
4,125,000.00
100,000.00
150,000.00
4,000,000.00
3,500,000.00
50,000.00
34,375,000.00 .•••.•••••.•.•....
34,375,000.00
1----1·----------1-------1-------
LOANS ON PBElEBBED STOCK
or
INSURANCE COKPANIES
[Under the act approved June 10, 193.1, as amended]
Maryland ..•••...............
Michigan ........••..........
Minnesota.................. .
Missouri .................... .
New Jersey................. .
New York .................. .
North Carolina............. .
Total ................. .
1
1
1
4, 125, 000. 00
100,000.00
150,000.00
4, 000, 000. 00
3, 500, 000. 00
50,000.00
$22, 350, 000. 00
4, 125, 000. 00
100,000.00
150,000.00
4, 000, 000. 00
3, 500, 000. 00
50,000.00
11
9
34,275,000. 00
3'4, 275, 000. 00
4
2
1
1
1
1
3
1
1
1
1
$22, 350, 000. 00
See footnotes at end o! tab!~.
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40
REPORT OF RECONSTRUCTION FINA.NCE CORPORATION
4.-Number of authorizations and borrowers, to which authorizations were
made; and amo1,mt of authorizations, withdrawals or cancelations, and disburs ements from Feb. 2, 1932, to Sept. 30, 1937, inclusive, by States '--Continued
TABLE
SUBSCRIPTION J'OR PREJ'ERRED STOCK OJ' AN INSURANCE COlt:PANY
[Under the act approved June 10, 1933, as amended]
Nu~ber
autboriza tions
State
Number Amount authoror borized
rowers
Kansas ___ ________ ________ __ _
Total _________________ _
Amount withdrawn or
canceled
Amount disbursed
$100, 000. 00
$100, 000. 00
100,000.00
100,000. 00
TOTAL, ACT APPROVED APR. 13, 1934, AS AMENDED
[Loans to finance the repair of damage by earthquake, flood, or other catastrophe in 1933, 1934, 1935, and 1936)
California __________________ _
Connecticut _____ ______ _____ _
Florida ______________________
Georgia ______________________
Maine _______________________
M ary land ___________________
Massachusetts ____ _______ __ __
Mississippi_ _________________
Montana __________ __________
New Hampshire ____ ___ ______
New Jersey __________________
New York ___________________
North Carolina ___ ___________
Ohio.
- - - ____ --______________
-------- ---- -Pennsylvania.
Texas ________ __ ____________ _
West Virginia _______________
To taL __ ____________ __ _
4
52
1
155
20
9
123
86
I
11
1
24
1
2
206
2
1
51
1
144
20
9
120
81
1
4
1
2
199
1
3
$2, 150, 000. 00
142,945.00
50,000.00
1, 386, 500. 00
24,250.00
24,600.00
325,159.00
216,250. 00
150, 000.00
42,950. 00
500. 00
53,697.00
10,500.00
4,900.00
1, 034, 787. 75
140,000.00
27,650.00
702
667
5, 784, 688. 75
11
1
21
$897, 170. 00
51,770.00
$1, 252, 830. 00
91,175.00
11,541-00
913,675.35
8,450.00
11,600.00
66,824.00
151,200.98
106,635.00
23,471. H
-------------- .-278,694.65
15, 800.00
13,000. 00
258, 335. 00
16, 849. 02
-----------------19,478.86
500.00
17,625.00
10,500. 00
34,172.00
-----------------391,565.00
120,000.00
6,700. 00
4,900. 00
643,222.75
20,000.00
20,950.00
2, 097, 987. 53
3, 360, 647. 22
TOTAL, SEC. 14 OF THE ACT APPROVED JUNE 19, 1934, AS AMENDED•
[Loans to borrowers engaged in the mining, milling, or smelting of ores)
Arizona. _. _________________ _
California. _________ ________ _
Colorado. __________________ _
Georgia_________________ ___ __
Idaho. _________________ ___ __
Montana ___ ______________ ___
Nevada. ___________________ _
New Mexico ________________ _
Oregon. ____________________ _
South CBrolina _____________ _
South Dakota ______ _______ __
Utah. __ ____________________ _
Virginia __ __________________ _
Wyoming __________________ _
Alaska. ____________________ _
33
39
10
28
33
10
2
2
8
8
TotaL _____ --- __ _----- -
1
1
1
1
2
2
2
2
1
9
1
7
$1, 691, 500. 00
2, 678, 500. 00
735,000.00
24,000.00
240,000.00
730,000.00
3, 365, 000. 00
41,000.00
428,500.00
20,000.00
20,000.00
40,000.00
22,000.00
20,000.00
975,000.00
129
115
11, 030, 500. 00
2
2
12
12
2
5
2
4
$1, 157, 000. 00
$270, 500. 00
680,000.00
1,074,000. 00
635,000.00
63,000. 00
10,000.00
14,000. 00
240,000.00
------- 200,000.00
478,000. 00
3, 095, 000. 00
210,000. 00
20,000.00
21,000. 00
401,000. 00
16,000. 00
20,000.00 --- - ---20,000. 00 ---20,000.00 -------- - - -- -- - -- 13,000.00
----- -- -5,000. 00
-----------------88,000.00
794,000.00
----------
--------
-----------
---------
6, 586, 000. 00
2, 957, 500. 00
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)
$22,300,000. 00
22, 300, 000. 00
See footnotes at end of table.
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REPORT OF RECONSTRUCTION FINANCE CORPORATION
41
4.-Number of authorizatiom and borrowers, to which authorizations were
made; and amount of authorizations, withdrawals or cancelations, and disbursement& from Feb. B, 1932, to Sept. 30, 1937, inclusive, by States 1-Continued
TABLE
TOTAL, ACT APPROVED AUG. 24, 1936
[Loans to or for the benefit of tax-supported publlo-school districts, or other similar publ!o-school authorities,
.
in charge of public schools]
State
Number Number
of
authorof bor- Amount
author!!zed
rowers
zatlons
Amount with•
drawn or
canceled
Amount dis·
bursed
ArJi:8118118 __ -- -. ------------ -Teus ... -·······-···········
21
6
20
6
$1, 123, 800. 00
883,000.00
$329, 800. 00
210,500.00
_____ ,.. ___ --- ------
$148,420. O'J
Total.-····· _______ • ___
71
26
2, 006, 800. 00
640,300.00
148, 420. O'J
• "Borrowers, etc.," include applicants to whom loans have been authorized and institutions in connection with which purchases of preferred stock, capital notes, or debentures have been authorized. With
respect to loans on preferred stock, the figures represent the number of institutions on whose preferred stock
the Corporation authorized loans.
• These authorizations are not Included In the State totals ahown above, because the operations of th.a
borrowers, ate., ordlnsrlly are not confined to any one State.
• Includes 12 authorizations tn connection with refinancing of loans previously made by the Corporation
to Federal land bsnks.
• Includes $193!618,000 representing refinancing of loans previously made by the Corporation to Federal
land banks ford fferent lndlvldua~ amounts but In the same aggregate amount.
• In addition, upon certification by the Federal Emergency Relief Administrator, under the Federal
Emergency Relief Act of 1933, the Corporation disbursed $499,660,000 for rellef, 88 shown In table 4, p. 21;
and disbursed $349,880.89 to the Federal Emergency Relief Administrator for expenses necessary to carry
ont the provisions of the above act.
I Revised.
t Does not Include 1 borrower In Callfornls, Inasmuch as the Corporation had previously authorized a
Joan to this borrower under aec. M of the Reconstruction Finance Corporation Act, 88 amended, and this
borrower Is Included In the number of borrowers under that section.
• Duplfcatlons In the number of borrowers, etc., arise in cases where the Corporation makes authorizations
to a bank or trust oompany under more than 1 of the classifications under sec. 304 of the act approved Mar.
I, 1933, 88 amended.
• Classlfled by States according to the location of the property of the borrowera.
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TABLE
.,;:..
5.-Loan and other authorizationt, by character of loans, etc., 1 from Feb. 2, 1932, to Sept. 30, 1937, inclusive
Authorized
Withdrawn or
canceled
Repaid•
Disbursed
t,:)
Outstanding as
of Sept. 30, 1937
~t':l
'1l
BANKS AND TRUST COMPANIES I
0
Loans to aid in the reorganization or liquidation of closed banks:
To receivers, liquidating agents, and conservators __________________ ______ _____ ____ _l$1, 180,809,621.35
Through mortgage loan companies___ __ ______________________________ _______ _______
119,474,123.58
On assets of closed banks, under sec. 5e of the Reconstruction Finance Corporation
Act, as amended_________________________________________________________________
17,056,561.99
~
$268,202,082. 281 $840,311, 273. 031 $782,301, 143. 20
17,511,506.09
100,713,117.49
76,394,258. 25
689. 861. 42
12,458,291.82
286, 403, 440. 79
196, 273, 535. 40
5, 126, 025. 00
73, 665, 260. 77
00, 512, 000. 00
053, 482, 682. 34
1, 137,602,880. 58
18, 14S, 730. 00
723, 951,373. 23
340,367,350.00
------1------1------1-
Total, to aid in the reorganization or liquidation of closed banks ________________ _ 1, 317, 340, 306. 92
1, 334, 056, 128. 65
Loans on
to open
banks•----------------------------------------------------------------Loans
preferred
stock ______________________________________________________________ _
23,274,755.00
Subscriptions for preferred stock _______________________ ------ - ------------------------831,057,634.00
431,112,450.00
Purchases of capital notes or debentures __________ -------------------------------------Total, banks and trust companies
~~ ~t'ii~:a~r_s:::::::::::::: :::::::: :::::::::::::::::::::::::::::::::::::::::::::: ::1
Total, building and loan associations_____________________________________________
INSURANCE COliPANIES
0
cg:
N.
(1)
Q_
~
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0
~
~
Loans-direct__ _____________________________ ___________ ___ ____ _______________ ___ _______
Loans on preferred stock_______________________________________________________________
Subscription for preferred stock____ ___________ _________________________________________
651, 980, 270. 96
2,391,230,297.54
3, 173, 553, 016. 15
1~;
lM; ~n: t
147,243,932.50
103, 006, 858. 28
34,275,000.00
100,000.00
21, 495, 729. 25
_ _7,356,153.98
__
1
28, 851, 883. 23
13,331,441.86
I
Total, insurance companies ______________________________________________________ i--1-3-7,-38-1-,-858-.28-li-- -441.
- -86II
13.331,
MORTGAGE LOAN COMPANIES<
Loans-direct _________________________________________________________________________
_
Loans to 'J•he RFC Mortgage Co ________________ ____________________________ _______ ___
Subscription for stock of The RFC Mortgage Co _____________________________________ _
Subscription for stock of other mortgage loan companies _____________ ________________ __ '
Total, mortgage loan companies
189,970,538.02
1,173,997.79
83, 502, 986. 86
101,743,413.60
11,086,080.54
435, 593, 425. 63
150,396,811.98
782, 322, 718. 61
8
0
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BUILDING ANO LOAN ASSOCIATIONS
~:~:
I 869, 979, 695. 48
I 1,035,859,466.98
7,062,649.46
288,357,947.60
1------1------1------
-------1 3,936,841,274.57
11,284,294. 03
$58,010,129.83
24,318,859. 24
2,283,574. 66
114, 722, 320. 68
1,875,957. 61
113,308,719.50
407,617.05
1,413, 601. 18
117, 005, 895. 34
11 5, 184,677. 11
1, 821, 218. 23
89,675,416.421
86,293,267.98
34, 275, 000. 00
6, 568, 699. 23
100,000.00 - -----------------
3, 382, 148. 44
27, 706, 300. 77
100,000.00
0
8
0
....
z
"'.l
....
z
>
z
:=======I=======
124. 050. 416. 42 I
92,861,967.21
31, 188, 449. 21
~
337,163,404.961
101,888,049.621 231,332,591.68
63, 720,787.82 -----------------50,647,547. 4.2
25,000,000.00 - ----- -----------25,000,000.00
1. 250. 000. 00
1. 250. 000. 00 ----- ------- ----- -
'"' '°', m. M
- -:=~~=~:~:-
134.. 102. 78 I 103.
138. 049. 62 I
980. 139. 10 I
------, ~21.
--,---,----·--,---,----, 306.
---,---,
~&, °", ,00. M
0
0
~
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0
----1::'.:::
~
>
8
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0
z
AO&IC'VLT UR.AL ¥"1 .N'.ANCJNO IN8TITUT10N8• &TC.
Loans to Federal land banks ________ __________ ___ _________ ____ ____ ___ ____ ______ __ __ __ _
Loans to Federal Jntermed.Jate credit banks _______________________ ____ ________ ____ ___ _
1
399, 636, 000. 00
9, 250, 000. 00
Loans to regJonal ogrlcuJturaJ credit corporatJoos _________ _____ _________ ___ ______
_
178, 840, 452. 48
Loans to Commodity Credit Corporation ___ __________________________________________
____ _: 1,457,
24.8, 664. 00
0
23, 600, 000. 00
24, 221, 572. 68
Loans to
to livestock
agricultural
credit
corporations_--- ---------------- - -----------------------_
6, 120, 867. 59
Loans
credit
corporations
____________________________________________
____ _
14, 758, 827. 88
Loans for financing expor ts or agricultural surpluses __________ ________________________ _
53,
370, 955. 22
Loans Cor financing agricultural commodities and livestock ______ _________ ___ _______ __ _
85, 604, 013. 08
Total, agricultural financing institutions, etc ___________________________________ _ . 2, 252, 551, 353. 92
12, 400, 000. 00
• 387, 230, 000. 00
565, 274, 081. 00
20, 200, 000. 00
5, 742, 803. 06
477,249.37
1, 657, 229. 19
33, 146, 368. 56
66, 950, 463. 70
664, 421, 353. 18
• 374, 023, 721. 69
13, 212, 278. 31
--- -------- ----- --
3, 300, 000. 00
17,919,621.38
5, 643, 618. 22
13, 101, 598.69
20, 224, 586. 66
19,354,491. 78
9, 250, 000. 00
173, 24.3, 640. 72
661,000,328.71
3, 300, 000. 00
15, 522, 826. 90
5,627,311.00
12, 846, 631. 58
20,177,690.67
18, 428, 780. 28
710, 445, 906. 73
1, 313, 694, 910. 63
1, 293, 380, 931. 55
20,313,979. 08
~
~
24, 665, 960. 00
618, 931, 835. 00
844,791.00
105, 548, 764. 89
23, 821, 169. 00
513, 305, 070. 11
1, 938, 366. 00
178, 908, 879. 93
21, 882, 813. 00
334, 396, 190. 18
0
643,597,795. 00
106, 303, 555. 89
637,126,239. 11
180,847,235.93
366, 279, 003. 18
tg~: ;~ ~~t~~~ {~ft'a~~~-~~~-~~~~~:~~~---==: ::::: ::::::: :: :: :::: :: :: :: :: :: :
----------------6, 596,811. 76
9, 250, 000. 00
173, 24.3, 640. 72
-----------------3, 361, 024.. 47
-- ---------------2, 396, 794. 48
116,307.22
254,967. 11
46,895. 99
925, 711.50
. RAILROADS
Loans to receivers and trustees _______ - - ------- · -- ------- ---------- ----- --- - __________ _
Loans to others _____________________________
-··· ___ ... _...•. _.. ____ •• ______ ______ ____ _
Total, railroads ___ • _____ ___ ____________________ • _______________________________ _
~:,,(1)
Q
~
C';
0
~
~
~
0
~
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~
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B USINESS CONCERNS
0
~
1-3
Loans to Industrial or commercial business:
Direct (including participations) __ _____ ____ ____________ ___________ _______________ _
Through banks ____________ ______ __ ____ ____ _________ ___ ______ • ___________________ _Through mortgage loan companies _________ ____ ___ ___ ______________________ ______ _
Fishing
industry
under
sec. 6 or_____
the Reconstruction
Finance
Corporation
amended
______ _____
__ _________
_____________ __._______
______
__ _________Act,
_____as_
161, 974, 356. 62
167,500.00
16, 422, 27 6. 00
52, 448, 869. 36
52,838.65
JO, 720, 439. 85
93,096,121.91
114,661.35
5,701, 835. 15
19,994,766. 92
114,661.35
2, 993, 895. 13
----------------2, 707, 940. 02
L oans for mining, m ill in~, or smelting or ores __ ----------------- - --·-- ---------------Loans t o processors, or distrib utors subject to processing taxes ______ _____ ___ ___ ____ ___
809,400.00
11, 030, 500. 00
26,089. 27
77,900.00
6, 586. 000. 00
11,371. 21
7f9, 375. 00
2, 957, 500. 00
14,718. 06
134,833.30
792,694.21
14,718. 06
584,541.70
2, 164, 805. 79
Total, business concerns ______ __________________________________ __________ _____ _
--- -------------- -
190,430,120.89
69, 897, 410. 06
102,604,211.47
24, 045, 558. 97
78, 558, 652. 50
399,217,487.36
30, 913, 243. 14
277, 560, 506. 48
55, 136, 972. 28
222, 423, 634. 20
136, 389, 291. 08
17, 891, 395. 88
78,570,914.05
1, 390, 516. 20
77,180,397.85
10, 450, 232. 20
1,921, 124. 10
8,529, 108. 10
1,847, 076.15
6, 682, 031. 95
1,711,962. 75
4, 072, 726. 00
820,590.00
1,277,397. 53
886,372. 75
2,474, 274.47
114,892. 72
1, 180, 542. 80
771,480.03
I, 293, 731. 67
16,234,920.95
4,019, 111.63
11,889, 755.32
3,142, Ml. 67
8,747.243. 65
SELF-LIQ UID ATIN G PRO1ECTS
Loans-total ____________________________________________
_____ • ____ __ _________________ _
73, 101, 364. 99
REPAIR OF DAMAGE DY EARTHQUAKE, FLOOD, ETC.
Loans to repair damage in 1933 __ ___ __ ______ ____________ _____ ___ _____ __________ _______ _
Loans to repai r damage in 1933, 1934, 1935, and 1936:
To industrial or commercial business ____ _________ ____ _____ __________________ _____ _
To others ________________________________________________________________________ _
T otal, repair or damage by earthquake, fl ood, etc ___ ___ ____________ __ __________ _
1-3
....
~
':,j
....
~
!Z
DRAJNAGE, LEVEE, IRRIG ATION, AND SIMILAR DISTRICTS
Loaos-totaL ____ ______ __ ______ _______ ______ _________ __ _____ _________________ ________ _
g
0
t;I
0
~
~
....~
~
See footnotes at en d of table.
~
~
TABLE
5.-Loan and other authorization3, by character of loans , etc., 1 from Feb. B, 193B, to Sept. 30, 1937, inclusive--Continued
Authorized
OTHlCR
Loans to credit unions ________________________________________________________________ _
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 rel:ef and work relief, under tbe Emergency Relief and
Construction Act or 1932, as amended______ _______ _________ ____ ___________________ ___
Loan to Rural Electrification Administration__________________________________________
Withdrawn or
canceled
Disbursed
$612, 007. 80
13, 087, 715. 88
2, 006, 800. 00
22, 500, 000. 00
$42,872.01
23,084. 70
540,300.00
200,000. 00
$600, 095. 79
13, 064, 631. 18
148,420. 02
22, 300, 000. 00
300, 000, 000. 00
46, 600, 000. 00
15,001. 00
299,984,999.00
8, 425, 000. 00
Repaid'
$448, 489. 21
13, 064, 631. 18
$151, 606. 58
17, 080, 858. 00
2,425.46
282, 904, 141. 00
8, 422, 574. 54
-----------------148,420.02
-----------------22, 300, 000. 00 -- ---- ------------
-1 - - - - - - - r - - -- - - 1 - - - - - - 1 - 62, 800, 403. 85
821, 257. 11 I 344,523, 14s. 99 I
384. 737,483. 68
l=====l=====l== ===i=
Grand total 1_. ----·---- ------ -------·-·--------------------- ----- ··-··- - ···--·-- 8,671, 759,711.01 1, 737, 683, 6:lii. 11 I' 6,387, 659, 150. oo I 4, 394, 583, 782. 29
Total, otber ________ ··········-·-····-··---------- --·--···--···· -·-···---· ------ --
Outstanding as
of Sept . 30, 1937
291 , 626, 742. 14
I, 992,975,367. 77,
Excludes allocations to other governmental agencies, purchases of securities from Public Works Administration, and commitments outstanding.
Excludes repayments unalJ0<:3te<i, pending advir,es, as of Sept. 30, 1937.
Excludes loans through banks to Industrial or commercial business.
• Excludes loans tbro~h murtgage-loan companies to aid closed banks, and to industrial or commercial business.
• Includes $193,618,000 representing refinancing of leans previously made by tbe Corporation to Federal land banks for different individual amounts, but in the same aggregate
amount.
1 In addition, upon certification by the Federal Emergency Relief Administrator, under the Federal Emergency Relief Act of 1933, the Corporation bad disbursed $499,650,000 for
relief and $349,880.89 for expenses necessary to carry out the provisions of the above act.
1
1
1
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REPORT OF RE CONSTRUCTION FINANCE CORPOR ATION
45
6.-Amoimt of authorizations, disbursements, repayments, and amounts
outstanding from Feb. 2, 1932, to Sept. 30, 1937, inclusive, by classes and months 1
T ABLE
ORA D TOTAL
Year and month
Amount author•
!zed•
Amount dis•
bursed
Amount repaid
Amount ont•
standing at end
or period
1932
February ...•.••.....•••• -·-· •.
March .•......••....•.•••......
April ......•••..•...•••••••..•..
May ..•.••••... ....••••. •••••..
June....•.......••.••..•••.....
July...........•••.•. ...•......
$91. 601. 057. 00
142,333,075. 06
228,771,667. 33
109, 450, 025. 39
388, 264, 246. 63
170, 934, 728. 59
189,068, 106. 31
138, 480, 7 2. 93
162,373, 9-14. 36
96, 59 , 980. 32
128, 332, 558. 65
$70, 868, 417. 62
121,477,890.49
155, 643, 323. 23
151,, 983, 559. 12
298, 276, 816. 5g
171.149, 031. 86
146,180,913. 71
72, 120,713.91
137, 623,740.68
61 , 020,558.06
131,501,263. 75
$18,845.00
8, 873, 883. 30
7,009,080. 50
16,440, 727. 23
48, 684, 900. 92
34,615,181.07
35. 232, 968. 30
44, 903. 158. 06
47,565,316. 28
27, 180,977.04
29,423,415.68
$70, 849, 572. 52
1 3, 453. 579. 71
331, 9 7, 22. 44
474,530,664. 33
724, 122, 570. 00
860, 65 7, 320. 79
97 I, 605, 266. 20"
998. 22, b22. 05
1, 0!,8, I, 255. 45
I, 122,720,837. 3T
I, 224, 798, 685. 44-
Total ...............•.... I, 936, 109, 172. 57
I. 524, 747, 138. 2
299, 048, 453. 38
1, 224, 798. 685. 44-
142,844,447.43
283,171,473.85
217, 732,207.45
162,526,631.08
141, 928,875.46
154, 047, 880.32
201, 024, 785. 36
57,792,381.18
44,791,443.05
617,388,597.97
347,536,421. 56
475,432,646.36
11 7,095,293.02
190. 409, 330. 83
I 79, 533, 134. 72
I 17,500, 398.87
105,805, 8.54. 81
123,677,037.80
115, 339. 396. 98
83, 128, 537. 43
39,271,494. 74
48,646,412. 75
186,473, ~- 01
369,537, 5 3. 42
32, 452, 828. 29
35,971,603.16
55, 8 I 3, 566. 83
40,213,906.05
46, 800, 209. 06
94, 656, 029. 32
112,949,299. 42
73, 520, 461. 92
61,734,251. 55
69,684.650. 98
51,202,045.08
67,574,183.47
1,310,341, 151.07
I, 473,868, 878. 74
I, 597,588,446.63
I, 674, 8i4 , 849. 45
I, 823,880,495. 20
1,852,001 , 503.68
1,855,291 ,60 1.24
1,864, 09, 676. 75
1,842, 436,919.94
1,821,398,681. 71
1, 956, 669, 701. 64
2, 258, 633, 111. 69
Total ..........•••••.•.•• 2, 746, 217,791.97
Ilt76, 407,651.28
742,573, 125. 13
2, 258, 633, 111. 59
343. 781, 4 4. 63
138,223,573. 21
174,702,436. 92
137,503, 3:18 . .54
I00, 482, 0~5. 14
20/i, 212, 280. 51
' 27H, 190, 303. lfi
11 5,003,309. ~o
64,364,910. 22
60,087, 192. 35
87. 827,623.32
132, 646.512. 48
86, 163,678. 38
82,739,872.01
91,311,849.17
QI, 123,212.32
66,097,270.39
67, 831,380.42
3 443, 161,666, 45
136,883,090. 63
71,019,841.07
70,142,232.20
• 73, 407, 395. 85
114, 6.54, 725. 17
2, 516,250,917.84
2,571,734,619.04
2, 655, 125, 206. 7g
2,701 ,505,333. 01
2, ;34, 990,067. 76
2, 872. 370, 087. 85
2, 707, 399, 024. 56
2,685,510,033. 73
2,668,864, 102. 88
2, 640, 809, 063. 03
2, 664, 229, 290. 50
2,682, 12l, 077. SL
1. 827, 925, 080. 28 • 1,404,437, 114. 06
2,682,121 , 077.81
August.. •....•••... ... .........
September .•.•......... _•......
October.. ......................
November .........••••••...•.•
Dooember ..........•••••.•..••.
1933
January •.....••••....•.•.•••...
February .......••......... ....
March . ..•..•..••.••.. •.. .....•
tr::·::::::::::::::::::::::::::
Jane.. .......••••.••.•••••••••.
July...•.......•••••••••••••••.
August .......••. •••.•••••••••..
September ..•.......• _...•.•••.
October ........................
November ••.••.. ..............
Dooember ..••••...... _.........
1934
January .................... ....
~:r' :ry~:::::::::::::::::::::
~;!.::::::::::::::::::::::::::
lune•....•... .••• •....•.•.•. ...
July... ...................... . .
§;;:::::::::::::::::::::
406,818,221.00
132, 453, 627. 03
I 96, 750, 948. 78
IOI, 690,047.09
l05, 719,957.01
I 261,547,646.98
73, 594, 504. 65
• 188, 298, 608. 36
' 288,771,955. IQ
102. 322, 709. 21
53,612,012.41
' 116,538,752.03
Total •.•..•••••.....•••.. '2,118,119,079.74
1935
Se ptember ..•.....•....••..••••
0c tober ....•. ....••.•....•••...
November .•.•..• . .••.. ...••••.
December .•.••• ......••••..... .
32, 143, 248. 4 7
19, 850, 030. 26
37,057,127.58
58, 444, 786. 45
32,509, 109. 22
138, 555. 094. 07
28, 253, 080. 00
' 26, 334, 930. JO
130,225,477.53
30. 382, 759. 40
121, 338, 817. 28
39, 883, 602. g5
Totel ....•••• ••...•••.•..
• 695, 068, 963. 31
49. 275,454.45
64,737,368.83
39, 624, 905. 00
56,104, 2i . 17
61,729,009.88
137, 900,087. 21
I 24, 588, 307. 71
51,347,644.38
42, 029, 803. 99
28, 436, 221. 25
17,086,037.00
43, 702, 907. II
73,431,516. 58
60, 582, 383. 40
.54, 747,687. 70
4 . 076, 834. 97
46, 090, 617. 07
53, 855, 640. 23
60. 097, 571. 09
40, 278, 281. 09
34, 940, 786. 92
47, Oi l, 11 6. 53
34, 143, 979. 73
106, 84 5, 402. 7g
2,657,965,015. 68
2, 652, I 20, 00 I. 11
2,636,097,219.31
2, 645, 024, 662. 51
2, 650. i63, 055. 32
2,743, 16,502.30
2, 808, 307. 238. 02
2, 8 JO, 376, 600. 41
2,826,465,617. 48
2, 807, 890, 722. 20
2, 79 1, 732, 7 0. 16
2. ns, 680, ~44,. 48
707,561,086. 57
66 1,001,819.00
2, 728, 680, 344. 48
..
All 1....••••••••••• •.• •.•••••
September •••...•.•.••..•.••.•.
0ctober ..•.•• •.• ..•..••.•••••..
November .•.•..•••.••.•..•.•••
December..•...••••.••••.....••
24,616,712.69
• 14,712,320.97
'118,685,321.19
'36, 161, 714, 00
• 87, 120, 870. QI
'27,001, 009.23
' 180,313, 734.60
• 43. 985,325.04
' 7,849,959. 29
' 27, 009, 830. 29
12, 103,407.56
10, 053, 4 LO. 23
62, 162, 133. 42
16,090,711.44
'19, 472,1 38.21
28,601,474.57
25, 7 , 347. 00
23,103,343.50
42, 200, 622. 53
27,110,391.90
18,627,653. 01
28, 403, 788. 64
10, 835, 460. 87
25,007, 8.11. 62
49,420, p50. 65
52, 691, 446. 85
' 75,355,568.31
46,190,361.91
150, 760, 907.52
112,558, 813. g5
238,417,224.01
37, 692,959. 78
26, 858, 291. 63
' 34, 007, 512. 10
• 33, 804, 430. 24
'63,318,215. 11
2,741,421,827.25
2, 705, i21. 091. 84
2, 649, 837, 661. 74
2,632, 248,774.40
2,507. 276, 214. 78
2,417,820,744.33
2,221,604, 142. 85
2,211,030,574. g7
2, 202, i09, 936. 35
2,196,296,212. 79
2, 173, 237, 243.4 2
2, 134, 086, 859. g3
Totel. •••••• •.•••••• •••••
' 591,474,516.00
' 328, 372,807. 51
' 922, 066, 382. 06
2, 134, 986, 859. 93
ttf:::::::::::::::::::::::
une. _______________ ., ____ _____ _
A~~t-~ ........ .•... ..••..... •
1936
J
F
March....••.•...••••.••.......
'e'li~::::::::::::::::::::::
~
ay•• . : •. •...•••..••.••.•••..•
J
J
~:::······················
=
Bee footnotes at end of table.
Digitized by
Google
46
REPORT OF RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursements, repayments, and amounts
outstanding from Feb. 2, 1932, to Sept. 30, 1937, inclusive, by classes and months L Continued
TABLE
GRAND TOTAL-Continued
Year and month
Amount dis•
bursed
Amount author•
ized •
1937
January•••...••••••.••••••••••.
February ••••.•••.•••••••••••••
March ••.••••.•••••.•••••••••••
Total, first quarter••••••.
$35,891, 158. 75
1 9, 450, 820. 23
• 37,959,374.61
$48, 158, 198. 30
15, 705, 071. 11
16,394,887.98
Amount repaid
1
$35, 433, 826. 55
• 37, 331, 824. 38
1 88, 025, 764. 36
Amount outstanding at end
of period
$2,147,711,231.68
2, 126, 084, 478. 41
2, 054, 453, 602. Cl,\
83, 30 I, 353. 59
80, 258. 157. 39
• 160,791,415.29
2, 054, 453, 602. Cl,\
• 98, 609, 650. 28
• 44, 008, 903. 51
62, 878, 285. 79
26,075, 199. 15
11, 364, 373. 76
28,474,505.42
• 42, 237, 289. 87
• 26, 180, 204. 17
• 23,574,317.23
2, 038, 291, 511. 31
2,023,475,680.90
2, 028, 375, 869. 09
65, 914, 078. 33
• 91, 991, 811. 27
2, 028, 375, 869. 09
95, 669, 750. 74
159, 846, 881. 31
40, 365, 361. 24
38, 372, 893. 07
13, 838, 981. 64
24,161,285.17
24, 702, 708. 54
76, 498, 333. 22
' 10,572,619.44
6 Ill, 773, 661. 20
2, 042, 046, 053. 62
1, 979, 386, 702. 04
1, 992, 975, 367. 77
6, 387, 559, 150. 06 ' 4, 394, 583, 782. 29
I, 992, 975, 367. 77
I
tfa1·: ::: : : : : : : : : : ::: :: : :: ::: : :
June •..••••••..••.•••.•.•.•••••
Total, second quarter •••• • 205, 496, 839. 58
July •••••••••••••••••••••••••••
August .••.•••••••••••••••••••••
September.•••••••••..••••••••
Total, third quarter••••.•
295, 881, 993. 29
Grand total. •.•••..••••.• 8,671, 759,711.01
76, 373, 159. 88
1,992,975,367. 77
TOTAL, SEO. 5, RECONSTRUCTION FINANCE CORPORATION AOT. AS AMENDED
$299, 832, 996. 43
1932.•.••...••.••••••••••••••••. $1, 623, 154, 844. 44 $1, 427, 603, 122. 64
734, 506, 495. 63
1933.............. • •••••...••• 1, 529, 826, 398. 18 1, 156, 942, 666. 34
780, 585, 918. 13 I• 1,034,931,988.32
856, 293, 083. 97
1934••••.••.....••••••••••••••••
•
IOU
January •••.••••••••••••••••••••
February ••••••••••....••.•••.•
March .••..••.•••••.•••••..••.•
$1, 127, 770, 126. 21
1, 550, 206, 296. 92
I • 1,295,860,226. 73
17,418,681.94
14, 8i7, 791. 77
11, 448,399.06
23, 042, 158. 55
37,987,580.08
17, 054, 165. 21
7, 394, 725. 62
II, 236, 508. 67
4, 283, 894. 47
3, 978, 386. 38
2, 235, 181. 66
23, 485, 631. 43
61, 868, 910. 95
49, 094, 099. 41
48, 589, 176. 89
39, 262, 460. 23
40, 848, 322. 78
43,813,047.91
40, 906, 525. 32
31, 383, 181. 28
25,504,221. 74
33, 880, 980. 65
30,962,917.63
58, 666, 089. 80
l, 251,409,997. 72
1,217, I 93, 690. 08
1, 180, 052, 912. 25
1, 163, 832, 610. 57
1,160,971,867.87
1, 134, 212, 985. 17
1, 100, 701, 186. <l7
1, 080, 554, 512. 86
1, 059, 334, 185. 59
1, 029, <l31, 591. 32
1, 000, 703, 855. 35
965, 523, 396. 98
174, 443, 104. 84
504, 779, 934. 59
965, 523, 396. 98
5, 845, 842. 34
8, 766, 711.17
6, 883, 435. 42
12, 590, 452. 21
II, 124, 092. 12
4, 180, 608. 06
16, 946, 451. 02
9, 785, 793. 42
5, 974, 234. 27
15, 062, 862. 03
4, 1~7. 208. 76
15, 762, 093. 27
928,583,677. 33
905, 254, 929. 83
852, 121, 998. 58
846, 271, 005. 13
836,512,606.21
816, 558, 584. 70
766, 803, 601. 32
760,560, 739. 57
746,604,180.32
737, 583, 982. 08
716, 753, 757. 00
710,263,807. 51
117, 109, 7'14. 09
<l2, 785,661. llll
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, 655. 17
19, 920, 793. 52
24, 083, 060. 27
25,017,433, 84
1 22, 252, 042. 76
1 372, 369, 373. 56
30, 219, 492. 40
4, 200, 433. 86
3,515, <l23. 12
4, 146, 582. 10
4. 616, 662. 24
5, 481, 114. 51
17,025,333.56
12, 595, 157. 70
27,814,278. 78
697, 385, 056. 05
689, 406, 560. 59
667, 073, 396. 32
Total, first quarter •••....
• 37, 935, 349. 38
14, 244, 358. 85
57, 434, 770. 04
667, 073, 396. 32
April ............................
May ...........................
10, 361, 963. 20
2,941,227.46
13, 649, 128. 95
1
June ...........................
• 14,713,207.45
35, 305, 896. 80
19. 9117, 708. 88
14, 662, 688. 55
10, 619, 269. 45
1 7,178,427.86
662, 772, 670. 97
655, 094, 628. 98
661,565,330.07
Total, second quarter ••••
' 69, 986, 813. 13
26, 952, 319. 61
• 32, 460, 385. 86
661, 565, 330. 07
July ••••••••••••.••• ••••••·•• ·•.
August •••..••••••••••••.....•..
September •••••••••••••.••..••.
Total, third quarter•.•••.
3, 189,157.95
6, 844, 086. 63
37,734,359. 14
14, 922, 131. 95
6,574,994.30
II, 646, 355. 86
15,268,219.31
9, 619, 376. 21
6 7, 328, 579. 60
661, 219, 242. 71
658,174,860.80
662, 492, 637. 06
32,216, 175.12
662, 492, 637. 06
3, 731, 024, 756. 61 '3, 068, 532, 119. 55
662, 492, 637. 06
11, 565, 667. 14
11, 935, 408. 87
15, 573, 579. 56
45, 590, 590. 37
13, 734, 407. 66
23, 123, 862. 45
12, 650, 100. 00
10,212,948.47
7, 053, 989. 88
10, 466, 664. 95
10, 574, 886. 48
7, 979, 725. 15
te:t:::::: ::::::::::::::::::::
June •••••••••••••.•••.•••••.•••
July···························
August .••••••••••••.•...•.•••.•
September.••••••••••.•..••••.•
October ...•.•••••.•••.•••••••.•
November .••••••..•••...••••••
December••••••.•.•••..••••••••
Total ••••••••••••.•••••••
180, 461, 830. 98
1936
January .•••.•••.•••••••••••••••
February •..•.••.•••••••••••••••
March •••••...•.•••••••.•••••••
April•••••••..•.•.••••••••••••••
May ••••••.••••••...••.••••••••
June ••.••••••••••.••••••••••••.
July •.•••••.•••••••••••••••••••.
August •••••••••••••••.••••.••••
September •••••••••••.•••.•••••
October ......••••••..•...••••••
November •••••••••.•.•••••••••
December •••••.••••••.•.•.•••••
Total. •••••••••••••.•••.•
1
1
17,562,321.82
4,797,977.98
I 09, 430, 139. 36
26, 122, 9 I 6. 07
22, 525, 313. 62
1 8,310, 139. 58
1 2,779,967.20
28, 619, 543. 87
3, 596, 578. 21
11, 813, 499. 33
E, 442, 602. 55
3,629,397.33
247,630,396.92
1937
~~······················
March •••••••••••••••••..••••••
•
I
I
47,767,603. 72
Grand total •••••••••••••• 4, 593, 056, 320. 72
1
1
33, 143, 482. 11
1
6
See footnotes at end of table.
Digitized by
Google
710, 263,807. 51
REPORT OF RECONSTRUCTION FINANCE CORPORATION
:i
47
6.-Amount of authorizations, disbursements, repayments, and amounts
outstanding from Feb. S, 193S, to Sept. 30, 1937, inclusive, by classes and months LContinued
TABLE
:,,
BANKS AND TBUST COHPAmlCS (INCLUDING RECEIVlliRS, LIQl'IDATING AGENTS, AND CONSERVATORS}
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
Year and month
Amount author!zed I
1932••••••••.• •••••••••••••••• •• ''$948, 087, 000. 09
1933.••••••••••••••••••••••••••• 1 • 845, 009, 525. 16
455, 545, 860. 16
11134. •••••••••••••••••••••••••••
1935
Amount disbursed
11 $849, 548,
1 • 574,662,
657. 68
731.14
383, 148, 708. 22
"
Amount outstanding at end
of period
Amount repaid
11 $256,
1 • 461,
I f 467,
240, 037. 14
363, 078. 09
084, 205. 12
1 ' $593, 308, 620.
1 • 706, 608, 273.
1 • 622, 672, 776.
54
59
69
December......................
8,327,367.14
9, 033, 311. 90
13, 996, 693. 99
9, 540, 215. 15
8,341, 143. 53
13, 559, 363. 52
8, 590, 100. 00
6, 239, 954. 82
7, 032, 553. 04
5, 931, 300. 39
9, 8/i3, 149. 42
7, 452, 009. 86
11, 987, 985. 80
9, 670, 568. 45
9, 104, 891. 25
14, 632, 530. 99
9, 860, 357. 54
11,045,814.38
5. 146, 095. 75
9, 592, 499. 42
2. 024, 621. 30
2, 884, 590. 79
320,301.89
20, 291, 243. 60
• 46, 660, 246. 97
• 36, 581, 041. 16
• 38, 146, 594. 61
• 30, 764, 529. 13
• 30,194,457. 47
• 32, 059, 887. 33
• 28, 626, 108. 04
• 23, 492, 632. 71
• 16,314,724.38
• 19, 336, 479. 20
• 25,279,474.48
• 27,007,282.87
588, 000, 515. 52
561, 090, 042. 81
532, 048, 339. 45
515,916,341.31
495, 582, 241. 38
474,568,168.43
451, OSP, 156. 14
437,188,022. P5
422,897,919. 77
406,446, 031. 36
381, 486, 858. 77
374, 770, 819. 50
Total ••••••••••••••••••••
107,897, 162. 76
106, 561, 501. 16
• 354, 463, 458. 35
374, 7i0, 819. 50
9, 890, 656. 74
2, 706,657.34
' 8, 975, 920. 57
5, 700, 054. 09
12, 520, 3211. 14
I 6, 743, 139. 58
I 2, 180,436. 95
7, 253, 654. 88
3, 186, 429. 27
3,403,467. 51
2, 689, 593. 28
1,822, 744. 37
4,506,418.18
3,923,147.40
• 5, 233, 740. 93
4, 241, 577. 57
3, 237, 178. 53
3, 022, 009. 09
3, 767, 184. 83
2, 824, 153. 74
3, 332, 214. 83
4, 245, 262. 74
692,828.56
4, 979, 683. 67
' 27,237,262. 5_0
• 22,981,047.50
I 55,347,712.50
I 13,577,910. 68
I 12, 306, 867. 84
I 12,991,547. 65
• 16,410,165.82
• 11,918,852. 75
• 13, 308, 985. 43
• 12, 005, .546. 76
• 10, 673, 864. 30
' 12, 936, 338. 37
352, 039, 975. 18
332, 982, 075. 08
282, 868, 103. 51
273,531,770.40
264, 462, 081. 00
254,492, 542. 53
241,849,561. 54
232,754,862. 53
222, 778, 09 I. 93
21.5, 017, 807. 91
205, 036, 772. 17
197,080,117.47
44, 005, 400. 07
' 221, 696, 102. 10
197,080,117.47
847,051.56
• 10, 064, 908. 34
187,862,260.69
181, 152, 344. 05
174, 966, 725. 95
January.••..•.•.........•••••.•
febmary ••••••••••••••••••••••
March .........................
April_•••••••••••••••••••••••••
May•••••••••••••.•.•••••••••••
JUD8•••••••••••••••••••••••••••
luly••••••••••••••••••••••••••••
Aogast••••••••••••••••••••••••.
fleptember •••••••••••••••••••••
Oiltober.•••••••••••••••••.•••.•
Nov81llber••••••••••••••••••••.
1936
January ···············--· ..
~~::::::::::::::::::::::
tr:·:::::::::::::::::::::::::
JUD8 .•....•.....•..............
July•••• •••·••• ••••..••••••••••
!;•-~:::::::::::::::::: ----Total .•..................
J
' 67, 073, 080. 72
1937
24, 869, 492. 40
I
------
1
• 2, 644, 698. 48
1,053, 015. 15
7, 762, 931. 79
iT:::::::::::::::::::::: ------1, 986, 985. 36
• 8, 172, 603. 46
' 880, 500. 00
------ --------
Total, first quarter••••••.
• 28, 394, 690. 88
3, 887, 052. 07
' 26, 000, 443. 59
--------174,966,725.95
!!":·. .:::::::::::::::::::::: --------- -----·--- -------- -------1
Total, second quarter ....
10,275,557, 19
20, 273, 152. 72
5, 954, 822. 18
l, 131, 158. 00
358,338.61
503,795.73
169, 685. 545. 57
164, 188, 611. 81
160,961,698.48
• 36, 503, 532. 09
1,993,292.34
• 15, 998, 319. 81
160,961,698. 48
3, 121, 252. 37
166,786.63
22, 734, 359. 14
10, 146, 823. 01
2, 748, 878. 94
1,325,770.33
6, 915, 045. 09
4,887,078. 75
I 3, 627, 503. 49
164,193,476.40
162, 055, 276. 59
159,753,543. 43
14,221,472.28
' 15,429,627.33
159, 753, 543. 43
1,978,028, 814. 96 11,818, 275, 271. 53
159, 753, 543. 43
t=~~-···················· -------- --------Total, third quarter......
• 6, 412, 338. 38
5, 855, 272. 37
• 3, 730, 709. 06
1
26, 022, 398. 14
Grand total ••• - •• ~••••••• 2, 515, 033, 250. 00
BUILDING AND LOAN ASSOCIATIONS (INCLUDING RECEIVERS}
[Under sec. 6 of the Reconstruction Finance Corporation Act, as amended]
$99,696, 044. 75
$93, 863, 114. 67
$9, 616, 440. 07
77,275.00
4,471,437.35
2, 044, 580. 75
l, 370, 165. 85
946,256.62
895,561.51
907,140.69
$84, 246, 674. 60
66,237,477.59
37,196,637.09
21, 815, 467. 54
19,187,440.08
\!::::::.:::::::::::::::::::: l======l======l,======I======
19,918, Wl. 48
48, 240, 985. 90
1, 921, 537. 79
21,814,676.06
Jan
~
1936
::::::::::::::::::
500,000.00
80,000.00
8,524.90
20,000.00
100,000.00
750,000.00
8,524.90
365,484.23
15, 446, 592. 13
13, 402, 011. 38
12, 109, 120. 53
11, 162,863. 91
10, 275, 827. 30
9,734,170.84
Bee footnotes at end of table.
Digitized by
Google
48
REPORT OF RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursements, repayments, and amount8
outstanding from Feb. 2, 1932, to Sept. 30, 1937, inclusive, by classes and months.___
Continued
TABLE
BUILDING AND LOAN ASSOCIATIONS (INCLUDING RECEIV ■BS)-Contlnued
Year and month
Amount author•
ized •
Amount dis•
bursed
Amount repaid
Amount outstanding at end
of period
1935
Inly...........................
$220,000.00
$981, 3.10. 94
August........................ ..................
25,787.85
September ..•......................................................
October __ ...................... _..............................•....
November •.•...•.•........••...•.........•........................
December...................... ..................
10,755.04
Total. .•......•.•......•.
1,678,524. 90
1,469,157.96
$513, 415. 39
1,047,611.32
271,713.60
600,889. 73
500,038.52
543,900.85
$10, 202, 086. 39
9, 180, 262. 92
8, 908, 549. 32
8, 307, 659. 59
7,807,621.07
7,274,475.26
14, 112, 712. 18
7,274,475.26
675,799.92
735,893.57
470,564.57
363,257.33
292,124.30
931,066.80
189,020.27
167,552.54
286,587.06
449,257.46
233,743.65
235,349.72
6, 698, 675. 34
6, 027, 711. 29
6,557, 146. 72
6, 193, 889. 39
4, 918, 765. 09
3,987,698.29
3, 798, 678. 02
3, 631, 125. 48
3, 344, 538. 42
2, 895, 280. 96
2,697,537.31
2, 462, 187. 59
4,930,217.19
2, 462, 187. 59
104,132.54
161,605.88
107,000.90
2, 358, 055. 05
2, 196, 549. 17
2, 089, 548. 27
372,639.32
2, 089, 548. 27
1936
1anuary........................
165,000.00 .•.••••••.••......
February......................
150,000.00
64,929.62
March ...•.........•......•......•••••.................•...........
April...........................
43,850.00 •.•..•..........•.
May........................... ..••••••.•...•....
17,000.00
June ......•....................................•..•.•.•••.....•....
July .....•.•.•..•.•........•..•.........•••.•......•.•..•...........
August .......•..•.... · ...............•................•••.••.......
September.....................
37,000.00 •••••••••.••...•..
October .....•......•.....•.•••...........•..•••....•.••••..........
November..................... ...............••.
36,000.00
December..•••...••••••••••........................•..•...... ,·····
Total. •.••••.•••...••••••
395,850.00
117,929.62
1937
1auuary..••••...•.••..•....•.......•••••••••••••.....••.•.•••••.•••
February •.•..•.••.•.........••.•..•••.............••..•.•••.•..•..
March.........................
321,017.93 .•••••••.••.•.••••
Total, first quarter......
April...........................
May...........................
June...........................
Total, second quarter....
321,017.93
l=====l=====l======I==
159,759.82
137, 161. 75
174,497.58
• 167,251.89
2, 235, 781. 22
2, 061, 283. M
2, 053, 791. 67
443,144.52
• 478,901.22
2, 053, 791. 57
917, 276. 92
2,864.82
602,209. 58
283,384.70
1,522,351.32
1-------t--------11-------+·-
l======t======l=======I==
107,755.35
1uly .. ......................... ··················
3,570.80
August ...•••••••••.•..•.•••..•....•.•...........•.••••••...•.••••••
85,486.62
September ...•••••.•.•••.••••..•..•••..............••.•.••••.•••.••
•~902.17
Total, third quarter...... .........•.•...•..
Grand total..............
147,243,932.50
3,570.80
117, 005, 896. 34
1, 949, 607. 02
1, 864, 120. 40
1, 821, 218. 23
236, l 44. 14
1, 821, 218. 23
I 116, 184, 677. 11
1, 821, 218. 23
I
INBUBANCII COKPANIES
[Under sec. 6 of t4' Reconstruction Finance Corporation Act, as amended]
1932.••.••••••.••••.••.•..••••••
1933 •••• •••••·•·•·•••·•·•••••••
1934••••••••.•••.••••.••••..•.•.
1935
$83, 048, 931. 66
$68, 037, 618. 92
$5, 588, 738. 62
$62, 448, 880. 40
17, 479, 935. 85
19,644,414.60
21, 163, 735. 01
60, 929, /i59. 99
1 24, 745, 456. 88
1, 835, 829. 93
I 38,019,933.04
2, 254, 690. 77
l=====l•=====i======I=====
1auuary.•..•••.••.•.•••••.•.•.. ················- .••••••••••.•.••..
February......................
2, 300. 00
1, 631, 31
March ......••.....•.....••.•....••••••••.....•.•••.•••.•••••••..•.
tf:l ..........................
········65.ooo.oo· ..••••••••••••••.•
1une ....••••••••••••...••..•.••.•••..•.••...•.•...•••••......•.•...
1uly......•..•....•..•.. · ..•.....•...•...............••.............
August. .......•.•.•.••.•.•••.•.......•.••.....•..•.•.••.•.•...•....
September ....•.•......•.••.•••...••.•.•..............•............
October..........••.•.•.•....••....•...•••.•••...................•.
November ....•.•.••.•.••.................•••••••.•...•......••••..
December..••••.••••.•••••••.•....•................................
792, 205. 65
1, 428, 663. 61
667, 264. 63
801,232.98
1,316,319. 75
639, 112. 01
1, 183, 933. 67
493,814.38
387,190.57
7,169,858. 70
623,146.21
3, 158, 760. 76
23, 953, 251. 23
22, 526, 218. 93
21, 958,954.30
21, 157,721.32
19,841,401.57
19, 202, 289. 56
18, 018, 355. 89
17,524,541.51
17,137,350.94
9,967,492.24
9,344,347.03
6, 185, 586. 28
Total....................
67,300. oo
r, 631. 31
18,561,501.91
6,185,586.28
See footnotes at end of table. l = = = = = l = = = = = = l - ' = = = = = I = = = = = =
Digitized by
Google
REPORT OF RECONSTRUCTION FINANCE CORPORATION
49
6.-Amount of authorizations, disbursements, repayments, and amounts
outstanding from Feb. 2, 1932, to Sept. 30, 1937, inclusive, by classes and montht 1Continued
·
TABLE
INBUBANCJ:
COMPANIES-Continued
Amount author•
ized •
Year and month
Amount dis•
bursed
Amount repaid
Amount out•
standing at end
or period
1936
January .•.••.••••••••••••••••••.....•••••••.............•...•......
February •.••••••••.•.•••••••...••.•.••....•.........•.............
March ....•••••...•...•...•.••..•.••••.•...••....••..•....•..••.•..
April .••••.••••••••.•.••.••••••..•••••••••••...•....••••.•••.•..••.•
May •••••.•••••••••.•....••..••.•.••••••.•••••••....•••••••••••.•••
June•.•••.••..•••.•••.•.••••• , •...•.•.••••...•..•....•......•••••••
July .•••.••••••••••••.•••.•.•..•..••..•.•.......•..................
Augnst ...••••••••••..••.•.••.•...•.••............•....••••...•..•..
September•.•.•••.•......•••.....•.••••••....•....•.•••.•.•.•.•....
October.••..•..•.•.•.•..•..•...•.••..••.••....••...•••.••••.•..•...
November.•••••••.••••••••••.•.•.••.•.............••••••••......•.
December......................
$156,000.00 ....•..••.........
Total .••••••••••••••••••.
11137.
156, 000, 00 .•••.•.•..........
$125, 180. 07
208,248.10
105,149.96
540,205, 39
26,790.54
73,795.80
!31, 458. 84
109,835.01
440,534.92
161,944, 44
126. 539. 00
120; 182, 90
$6, 060, 406. 21
.5, 8.52, 158, 11
5,747,008, 15
5, 206, 802, 76
5, 180,012.22
5, l 06, 216. 42
4, 971, 757. 58
4, Sfil, 922. 57
4, 421, 387. 6.5
4, 259, 443, 21
4, 132, 9(H. 21
4, 006, 721. 31
2, 178, 864. 97
4, 006, 721. 31
160,141.22
77,711.91
62,286.64
3,977,501. 75
3, 924, 789. 84
3, 862, 503, 20
l======li======l,======i======
January........................ ..•••..•..•..•.••.
$130,921.66
February...................... ••...•..•••••.•.••
26,000.00
March ..•.•••..•....••••••••.•••••..•.....•••••..•••........•.•....
155,921.66
300,139.77
Total, first quarter••••••.....•.••.•...•....
l======l======I=======
June ••••••.•••••••••••••••••••..•.•..•.•..•...•......•...•.•....••.
ti'::·:::::::::::::::::::::::::: :::::::::::::::::: ::::::::::::::::::
19,880.42
23,215.06
'116,011.30
3, 862, 503. 20
3, 842, 616. 78
3,819,401. 72
3, 702, 490. 42
Total, second quarter••...••.•..••••.........•......•••......
• 160, 012. 7~
3, 702, 490. 42
July ............................................ ···············•··
August .........•.........•.... ....................••..............
September..................... ................................... .
I
23,273.49
104,341.25
192, 727. 24
3,679,216.03
3, 574, 875. 68
3, 382, 148. 44
Total third quarter ...•.. ....................................
1
320,341.98
3, 382, 148. 44
6 86,
293, 267. 98
3, 382, 148. 44
Grand total..............
103,006, 858. 28
89,675,416. 42
MORTGAGE LOAN COYPANIES
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
1932••••••••••••••••••••••.•••••
1933 .•....•.........•..•........
1934 ••.•.......... ~·············
1935
January........................
February .•••••••••••••••••••••
March ..•••••••••••••••••••••••
~::-::::: :::::::::::::::::::::
June •..•••••••••••••.••••••••••
July ....•.••••••••••••••••••••••
August .•.•.••.•••••••••••••••••
September••••.••••••••••••••••
Ortober ..•••••••••••••••••••••.
November.••••••••••••••••••••
December ••••••••••••••••••••••
Total •••••.•••• ·•••••••••
1936
January........................
February -···················
March .........................
tlJune
':~·====::
::::::::::::::::::::
.........•.................
July ............................
August •••••••••••••.••.••.•••••
September •••••.••.••••.•••.••.
October..•••••...•.••••••••••••
November .....................
December-....................
TotaL-.. ................
I 4
I•
$95, 066, 902. 61
238, 514, 020. 43
84, 110, 951. 76
I 4 $89, 735, 422.
I • 130, 073, 488,
73
59
73, 438, 306. 41
I • $11, 331, 611. 42
I • 25, 805. 654. 43
2, 678, 400. 00
2, sos, 796. 97
1, 527, 600. 00
1, 908, 475, 22
528,264.13
8,073, 750. 93
3, 840, 000. 00
3, 956, 593. 65
1,436.84
4, 369, 498. 68
693,457.43
390,494.92
30, 776, 768. 77
2,753,196. 14
4, 944, 592. 01
1, 666, 232, 81
1, 119, 327. 56
921,575.39
1, 524, 471. 30
1, 000, 598. 93
1, 600, 621. 40
2,236,173.17
1, 093, 795. 59
I, 839, 879. 77
2, 370, 145. 14
23,070,609.21
• 6, 737, 100. 60
' 6, 072, 492. 05
• 5, 216, 460. 93
• 3,776,475.42
' 3, 538, 393. 81
• 2, 448, 821. 21
' 6, 787, 508. 44
• 5, 364, 812. 88
4 6, 304, 030. 18
• 1, 806, 105. 40
• 2, 391, 770. 75
• 5, 573, 345. 93
• 56,017, 317. 60
11\9, 617, 292. 00
158, 489, 391. 96
154, 939, 163, 84
152,282,015.98
149, 665, 197. 56
148, 740, 84 7. 65
142, 953, 938. 14
139, 189, 746. 66
135, 121, 889. 65
134, 409, 579. 84
133, 857, 688. 86
130, 654, 488. 07
130, 654, 488. 07
206,665.08
1, 941, 320. 64
1,031, 818. 79
4, 230, 344. 98
9, 879, 987. 48
1, 558, 000. 00
149,530.25
13, 188, 688. 99
373,148.94
7,170,031.82
5, 153, 009. 27
1, 150, 652. 96
46, 033, 199. 20
1,283,674.16
910,134.25
1, 649, 694. 49
2,419,874.64
4,815, 285. 36
1, 064, 598. 97
4, 606, 599. 19
6, 811, 639. 68
1,840,819, 44
2, 634, 599. 29
2, 510, 380. 20
9, 273, 909. 60
39, 821, 209. 27
• 2, 525, 409. 39
• 2, 285,284.41
• 2,503,056, 74
' 1,901,814.49
• 3,442,217.05
• 4, 784, 399. 26
• 2, 780, 544. 50
• 2,145,681.04
• 2, 483, 443. 38
• 3, 397, 321. 30
1 3, 523, 894, 83
• 5,727,358.34
• 37,500,424, 73
129,412, 752. 84
128, 037, 602. 68
127,184,240.43
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
132, 975, 272, 61
'· • 92, 508, 755. 42
I • $78, 403,
I 4 182, 671,
I • ] 63, 601,
• _B~f!IOtI!QY,!!._a_l_el!!i. <>_C ~ill~ ..... ·-···-
32187-38--4
Digitized by
Google
811. 31
645. 47
196. 46
50
REPORT OF RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursements, repayments, and amounts
outstanding from Feb. 2, 1932, to Sept. 30, 1937, inclusive, by classes and months 1-Continued
TABLE
MORTGAGE LOAN COMPANIES-Continued
Year and month
Amount author•
ized •
Amount dis•
bursed
Amount repaid
1937
Amount outstanding at end
of period
January.............••••.••••••
February..•....•.....••••.••••.
March ......••.••••••.•.•....•.
Total, first quarter ••.•.•.
$295, 000. 00
1, 465, 735. 38
1,007,177.91
3,667,913.29
$3, 166,608. RS
3,538,647, 09
3, 141. 166. 30
9, 846, 422, 27
• $4, 064, 666. 08
• 3, 833, 065. 61
• 6, 691, 720. 30
' 14, 589, 451. 99
$132, 077, 215. 41
131, 782,796.89
128, 232, 242. 89
128, 232, 242. 89
April ..................••.•.•.••
May ...............••.•....••••
June ...........................
Total, second quarter ...•
3, 442, 373. 34
5, 029, 879. 26
13, 395, 677. 12
21,867,929. 72
2,979,601.85
2, 555, 082. 89
2, 985, 573. 40
8, 520, 258. 14
• 7, 350, 120. 05
• 3, 967, 348. 58
• 2, 372, 464. 06
• 13, 689, 932. 69
123, 861, 724. 69
122, 449, 459. 00
123, 062, 568. 34
123, 062, 568. 34
July...............•..•..••••.••
August ..•............•.•..•••..
September ..•.........•.•.••••.
Total, third quarter•••.••
67,905.58
1,675,000.00
15, 000, 000. 00
16, 742, 905. 58
4, 756, 738. 14
3, 826, ll5. 36
5, 306, 521. 62
13,889,375.12
5, 590, 788. 74
4, 052, 643. 09
2, 768, 283. 25
12,411,715.08
122. 228,517. 74
122,001,990.01
124, 540, 228. 38
124, 540, 228. 38
Grand total. •..••...•••••
536, 780, 591. 36
388, 395, 091. 74
263, 854, 863. 36
124, 540, 228. 38
I
I
I
CRBDIT UNIONS
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
1932....•••..•.........•.•••••••
1933 ••••••••.•..........•.......
1934 ••••••••......•.......•.•.••
1935
$472, 446. 00
148,555.00
1,966.80
,-------,
$440,098.00
138,789.41
1,966.80
$8,838.00
57,551.20
129,007.29
$431,:!M.OO
512,498.21
385,457.72
18,474.32
6,334.52
24,055.34
2,089.96
13,420.00
4,320.00
•• 500.00
615.00
666.00
850.00
655.00
750.00
76,6:19.14
360,648.88
336,593.54
334. 503.58
340,325.16
336,005.16
331,505.16
330,890.16
330,325.16
329,<l75.16
328,820.16
328,070.16
328,070.16
January•••••••.....•..•..••••....••..••.•.•..•••...•••...•.•....••.
February•.•..••.•...••••...•...•.•••..••••••.••.••...•.••....•.....
March ....••.•••.•.................•..•...........••.•...•.........
April...........................
20, 000. 00 .••.•..••.........
May........................... ..•••.•••.•..•....
19,241.58
June ..••.............•...........••.••••.•.....•.•••.........••.•••
July .•..•...•..••..•.•..•....•..•.•.•....•........•••......•.•.•••••
August ....•...•..............•..•..•••...•....... •·················
September •••.•....••..•••••••....•...••.........••.•.•.....•••••••
October...•......••....•.••••••...•.....•..•.•.•.••......•.••••••••
November ...••..••..••••••••••.......••••...........••....••.•••••
December••.•..••.•.•••••••••••.....•................•..•...•••••••
Total....................
20,000.00
19, 241. 58
1936
January .•••••.•••.....•••..•....•.•••••••••••••.•...•.....•.•.•••.•
February ••••••......••••.......•••.•••.•••••••..••••.•••...•••••••
March .•.••••••.•.•....•........•...•.••••.••...• •·················
April .•.••.•••.••••....•.•....•..••.••••.•.•••.•••••.•.•.•..•...•••.
May •.••....•.•••...•..••••••••.•••.•...•.•••.....•......•••.••.•••
June ••...••.•..•••.••••••.............•••.•••...•.....•.....•..••••
July •••••.•..•..••...•...•••••..••..•••••.•••••.•.•.•.....•••.••••.
August ..•...•..•.••••.•••..•..........•••••••••••.•.••••.....••...•
September •••......•••••.•...•...•.••.•..•..••.••..•••••.••••••••••
October ..•..•....•••••.•...••...•..•..•••••......•.••.••••....•••••
November ••.•.••••.•.....••......•..••.....•...•...•••.••.••••••••
December •••.•....••....••.••...••.•....••....••••.•.•...•.......•.
Total ••••.•..•..•.•••.......•••.••....•••. · ·• ·• ··· • ·• •• ·· ·•· ·
13,570.00
525.00
2,540 00
1,750.00
225. 00
8,810.00
150.00
1,256.77
3,735.00
1,650.00
3,325.00
880.00
38,416. 77·
366, 1183. 40
31",500.16
313,975.16
311,<l35.16
300,685.16
309,460.16
300,650.16
300,500.16
299,243.39
295,508.39
2113,858.39
290,533.39
289,653.39
389,653.39
1937
January ..••••••••••••••••••••..•.•.•.•..•.....••.••••••••..••••••••
February •.•••••.••..••••.••••.••.•....•.....••.. •················
March .•••••••.••••..•••••.••.•.•.•..............•.••..•.•.•.•..•..
Total, first quarter•.•.••........•...•................••......
5,625.00
30,800.00
27,276.81
---.,.-,--,--163,701.81
284,028.39
253,228.39
225,951.58
225,961.58
April ..•.•.••••••••.•.•••••••••........••..••....••..•.•.•.•.....••.
7,575.00
May ..•.•.••••••.••••...••••...........•.•..•............•...•••...
32,430.00
June .•.•.••...•....••••.•••.•....................................•.
• 5, ll5. 00
--1----'-----l• 45,120.00
Total, second quarter ••••............•........•.....••.....••
218,376.58
185,946.58
180,831.58
180,831.58
Julv .•.•••••.••..••••.•••••••••.••.••••••••.•••••..•••.••••••..••••.
August. .............•.••.•••.•..•.•.•••..••••••••...••...••.•••.•••
September •••.........•..•••••..•...•..............••.••..•.•.•••..
Total, third quarter...... . . . . . . • . . . • . . . . . • . . ........•.•.••..•
29,225.00
165,106.58
164, 5111. 58
151,606.58
151, 606. 58
448, 48P. 21
161,606.58
Grand total. •.•••••.•••••
642,967.80
600,095.79
15,725.00
10,525.00
I 2,975.00
I
I
See footnotes at end of table.
Digitized by
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REPORT OF RECONSTRUCTION FINANCE CORPORATION
51
6.-Amount of authorizations, disbursements, repayments, and amounts
outstanding from Feb. 2, 1932, to Sept. 30, 1937, inclusive, by classes and months 1Continued
TABLE
FBDBRAL LAND BANKS
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
Year and month
1932 __ ------ ____ --- _-- ---- -- ___ _
11133 ______ -- _____ --- ------ --- __ _
1934 __ _--- __ --- -- -- -- -- ___ ----.
Amount authorized •
$29, 000, 000. 00
145, 518, 000. 00
I 225, 118, 000. 00
Amount disbursed
Amount repaid
Amount outstanding at end
of period
$18,500,000.00 -----------------123, 618,000.00
' 245, 118, 000. 00 ' $308, 780, 601. 29
11135
.J"anuary________________________ ----------- ------- - ----------- ------
1,491, 325. 35
$18, 500, 000. 00
142, 118, 000. 00
78, 455, 398. 71
2, 210, 356. 78
1, 788, 778. 22
4, (175, 855. 88
6, 525, 135. 46
1, 596, 302. 70
393,564.94
1,607,747.80
4, 230, 052. 95
1, 937, 900. 22
5, 276, 633. 59
76, 964, 073. 36
74, 473, 335. 45
72, 262, 978. 67
70,474,200.45
66, 398, 344. 57
59, 873, 209. 11
58, 276, 9G6, 41
57,883, 341. 47
56,275,593, 67
52, 045, 540. 72
50, 107, 550. 50
44, 830, 916. 91
33, 624, 481. 80
44, 830, 916. 91
9, 150, 893. 58
545,763.60
483,258.26
372,380.05
421,000.47
408,872.09
557,786.83
759,356.07
1, 376, 050. 91
2, 005, 139. 34
314,202.05
2, 867, 814. 96
36, 680, 023. 33
35, 134, 259. 73
34, 651,001. 47
34, 278, 621. 42
33, 857, 620. 95
33, 448, 748. 86
32, 800, 962. 03
32, 131, 605. 96
30, 755, 555. 05
27, 850, 415. 71
27, 536, 213. 66
24, 668, 398. 70
20, 162, 518. 21
24, 668, 398. 70
.January________________________ ------------------ -----------------February ______________________ ------------------ ----------------·March ______________________ • __ ------------------ ------------------
2,030,964.39
557,934.80
7,612,066.02
22,637,434.31
22,079,400.51
14,467,433.49
Total, 11.rst quarter _______ ------------------ ------------------
10,200,965.21
14,467,433.49
!~: ~~: ~~
f::13,707,874.63
~: ~~: ~~
2, 400, 737. 91
February __ - ------------------- -------------- --- - ------- -- -------- -
March_------------------------ ------------------ ------------------
April ___________________________ -------------- ---- -- ------------ ----
May_-------------------- ______ _------ _____ ---- __ ------ ______ ------
June_ •• ------------------------ __________________ -------------- ___ _
.July____________________________ --- ------------- -- ------ -- ---- -----August ____ -·------------------- -------- __________ -------- _________ _
&ptember ___________________ -- ----------------- - --------- ---------
October---------------------__ --------------- ___ -------------___ __
November
_______________________________________
-- -------- _______
December ______________________ ------ ------------ -- -- -- ------ ------
Total ____ -------------- -- -------------- ---- ---- -------- ----- 1936
.J"anuary
------ ----- -----. ------ - -- -- ------- --- --- -_
February__________________
_________________________________________________________
March ______ ------------------- ----------- _. _____________________ ..
~,.1:-~:::::::::::::::::::::::: :::::::::::::::::: ::::::::::::::::::
.June ______________________________________________________________ _
J'nly
- - ------------------------ -- -- -------------. --- ·- ----------- --_
__________________________________________________________
August_
September. ____________________ ---. ______________________________ _
October. __________________________________________________________ _
November
_____________________ ------· ----------- ------------------_
December_________________________________________________________
Total._----------------· --- --- ----- --- -- -- ---- ------- --- ---1937
tr:·:::::::::::::::::::::_·::: :::::::::::::::::: ::::::::::::::::::
J'une_ -------------------------- ------·----------- -----------------Total, second quarter____ __________________ __________________
• 144,280.47
• 759,558.86
J'nly ____________________________ ------------------ -----------------August ________________________ ------------------ ------------------
132,352.83
310,062.17
1 53,181.32
13,575,521.80
13,265,459.63
•387,236,000.00 • 1374,023,721.69
13, 212, 278. 31
13,707,874.63
13,212,278.31
:September_____________________ ___________ ______ __________________
- - 1__________________
- - - - - - + - -•----1-----Total, third quarter______ __________________
495,596.32
13. 212, 278. 31
Grand total ______________
•300,636,000.00
10INT-8TOCK LAND BANKS
(Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
1932____________________________
$6,297,000.00
1933 ______ ---------- -----------14,806,172.68
1934 __ -- __ -- --- ---- - . ---- --- -- .•. _--- ..... - -- . -- ..
$2, 527, 845. 62
12,420,274.14
711,252.53
$62,544.32
744,537.17
8, 365, 785. 56
$2, 465, 301. 30
14, 141, 038. 27
6, 486, 505. 24
1,107,856.17
414,350.00
935,035.54
328,214.57
554,566.54
107,818.81
232,657.62
5, 378, 649. 07
4, 964, 200. 07
4, 029, 263. 53
3, 701, 048. 96
3,146,482.42
3, 038, 663. 61
2, 806, 005. 00
1935
January________________________
5a, 400. 00 -----------------February
•------- ------------------ ------------------_
March _________________
. ________________________________________________________
M'r:;.L::: :: :::: :::: :: ::::::::::: :::::::::::: :: :::: ::: ::::: :: ::: ::: ::
June __ ------------------------- ___________________________________ _
J'u)y _- - ------------------------ ------------------ --- ----------- -- -See footnotes at end ol table.
Digitized by
Google
52
REPORT OF RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, di8bursement8, repayments, and amounts
outstanding from Feb. 2, 1932, to Sept. 30, 1937, inclusive, by classes and months 1Continued
TABLE
JOINT•STOCK LAND BANK&-Contlnued
Amount authorized '
Year and month
Amount dis•
bursed
Amount repaid
Amount outstanding at end
or period
1935
August .••. ••.........•• ••.........•.........•.•• . .••. •••..•.• •.....
September .....•.......•.......................• . ...••..•..........
October ... ••..... •.•.•................. . ........ .•.••••.....•.•••..
November ... . ...... ...........
$20, 779. 6.1
December.. ....................
12<J, 220. 37
$150, 000. 00 ,__
$423, 310. 09
8. 828. 27
67,761. 54
98,826.64
ll8, 460. 2'J
$2, 382, 695. 00
2, 373, 867. 6.3
2, 306, 106. 09
2, 207, 279. 45
2, 2.38, 819. 16
4, 397, 686. 08
2,238,819. 16
138,787. 80
108,503. 12
88,101.03
288,626. 15
32,602.96
159,349.54
233,877. 79
67,720.55
29,666.45
85,231.65
137,004.40
35,673.53
2,100,031.36
1, 1191, 528. 24
1,003,427. 21
1, 614, 8()1. 06
1, 582, 198. 10
1,422,848. 56
1, 488, 970. n
1,421,250.22
1,391, 583. n
1, 306, 352. 12
I, 169, 347. 72
1,722,174.19
I, 405, 144. 97
I, 722, 174. 19
61,508.81
25,718.33
18,085.62
1, 660, 665. 38
1,634, 947. 05
I, 959, 949. 28
___
Total....................
202. 400. 00
150, 000. 00
1936
January .•••••..........•...•....•.•..........•••. •..•..............
February ••••••.......•..........•......•.....•...•••.......•......
March ..•••.•...•......••..•.......•...•....•.•••.••..•.•.•......•.
April.. •...••••....•... ••••.•........... .......••...••.•••.....•.•••
May .•••••...•......•.•.•.•·.•.......... . .......•..•.•.....•...•...•
June ..• •••••••......•.•.•.••............. ... . .....•• •••.. ... .......
July........ . ...................
300, 000. 00
300, 000. 00
August. ••.••. •...•..•.•.•.•.•.....•.•....•....•...••••••• .....•...•
September ••••....••..•.•..•.•...••.•... .. . ....... .• •.........•.••.
October...... . .................
1, 100, 000. 00 .• ••• ....•.. ...••.
N ovem her.... .................
600, 000. 00
December......................
450, 000. 00
588, 500. 00
-1·------·I----
2, 450, 000. oo
Total. • • • . • • . • • . ••• • . . . ••
888, 500.
oo
1937
January ••••••.••• .••••...••...•.... •••• .........• .•.••••••.......•.
February......................
00, 000. 00 ..•..•............
March. . ......... ..............
376, 000.00
343,087.85
Total, first quarter ••••••.
343,087. 85
466,000. 00
105,312. 76
1, 959, 949. 28
35, 052. 33
70,779.32
• 145,774. 78
2, 789, 794. 28
2, 719, 014. 96
2, 573, 240. 18
l=====l,=====l======I======
April..................... . ..... . ••. .••..•.• .• .• ••
864, 897. 33
May •. ••.••••••.....••••• ..•. .•.......•. ••....• ••••••••...••.......
June • ••.•••••••••.•••••••..•....... •.. ........•• ..•••. •.•. . .. .. . ...
Total, second quarter •••.......... .... .... .
864,897.33
• 251,606.43
2, 573, 240. 18
73,653. 93
64,486.64
1 52,069. 04
2, 400, 586, 25
2, 435, 099. 61
2, 396, 794, 48
i======l,======I=======,
July .•.•••••••••••....•••...••....•••.•.....••.•••...•• ..•.•.•.•.•..
August ••••••••••..........•.•...•...••.•..•.•••••••• •••.•..........
September..................... ......•..•...•....
13,763.91
--1------1-------1-
Total, third quarter.................. . . ... .
Grand total.. •••••••••••.
13,763.91
iOO, 209. 61
2, 396, 794. 48
15,522,826. 90
2, 396, 794. 48
I
1=====1,= ====l======I======
24, 221, 572. 68
17,919,621.38
I
FEDERAL INTERKEDIATIII CREDIT BANKS
[Under sec. 5 or the Reconstruction Finance Corporation Act, as amended)
1933 •••••••••••
·-···············1
Grand total.. •..•.••.••••
$9, 250, 000. 00
$9. 250. 000. 00 I
$9. 250. 000.~I·········· · ·· ··· ··
9, 250, 000. 00
9,250,000.00
9,250,000. 00 · ··· · ······-···-··
AGRICULTURAL
CREDIT
CORPORATIONS
[Under sec. 5 or the Reconstruction Finance Corporation Act, as amended)
1932 ..•• · ····- •....•...•....••••
1933 ..••••••.•.•...••.•....•.•.•
1934 .....•......................
$3, 619, 850. ll8
$3, 456, 627. 33
1, 959, 634. 31
433,894. 35
1, 729, 011. 24
350,491.70
$1, 082, 310. 40
2, 412, 027. 46
1,178,419.58
$2,374,316. 9~
1, 691, 300. 71
863,372.83
1935
February •••••...•••.•.•......• ·-················ · ···············-·
133. 50
March . ............ . ...........
26,760. 67 ••.•..........•...
2,500.00
May........................... ...•. •• . .••• .••• ••
26, 760. 67 .••••••••......•.•
June. .......................... .................. ............ ......
July...............................................................
September........... .......... • . •. •• •• .. .. ••.• •. .. . •• . •. . . .•• .••..
October.......... .............. ••.••. •. .. . •.•••• . . ••• . •. . . . .. •• •. . .
November..................... ••••••••.•.•.••••• .• ••••......•••..•
December.. .................... •.•.•. •. . •.• . .• . • . •• • . . . .. . . . • •.....
Total. •••••••••••••••• - ••
26,760.67
26,760.67
14,000. 00
863,239. 33
860,739.33
887,500.00
873,500. 00
1, 500.00
8, 4'1'5. 00
88, 126. 25
9,719.26
5, 742. 57
872,000.00
863,525.00
ns,398. 75
765,679. 49
759,936.92
130,196.58
759,936.92
See footnotes at end of table.
Digitized by
Google
REPORT OF RECONSTRUCTION FINANCE CORPORATION
53
6.-Amount of authorizations, disbursements, repayments, and amounts
outstanding from Feb. 2, 1932, to Sept. 30, 1937, inclusive, by classes and months 1Continued
TABLE
AGRICULTURAL CRJ:DIT CORPORATIONS-Continued
Year and month
Amount author•
!zed I
Amount dis·
bursed
Amount repaid
Amount outstanding at end
or period
1936
~: g3~: gg
$701, 300. 02
681,300.02
681,300.02
579,300.02
479,300.02
379,289.05
147,789.05
147,789.05
50,000.00 ---·--··------····
612,147.87
147,789.05
30, 727. 28. . •.•..••••••.•••••
27. 30
3, 500. 00
99, 089. 03
147, 761. 75
144, 261. 76
44, 272. 72
30,727.28 ........••.•••....
103,516.33
44,272.72
tf:: .:::::::::::::::::::::::: :::::::::::::::::: ::::::::::::::::::
1uly...••••••••••••••••••••••••. •••••••••••••••••• ••••••••••••••••••
August......................... ••••••••••••••••••
September•• •••••••••••••••••· •••••••••••••••••••
October........................ .••••••••.•••.•.•.
November._................... • • . •• • . . . . • . . . • . . .
December •••••••••••••••••••••• ·
$50,000.00
Total ••••••••••••••••••••
100,000.00
....••..•.•••.•••.
2. 000. 00
··•···•···••·•··•·
100, 000. 00
..•••..•••..••••..
100,010.97
. . . •• • . • • •• • . • . . . .
231, 500. 00
.•••••••.•••••••..••••••••..•••.•...
1937
~'i:'1:...-·-· ..·-·-··....·--· ........
Total, first quarter.......
l=====ll=====p=====i======
tear:-·:========================= ::::::::::::::::::
• ?: ~:: ~ ::::::::::::::::::
m: i:::
Total, second quarter.... •••••••...•...•...
80,727.28 •••••••••.••••••••
125,000.00
1
1uly.... ... ·-·-····-·--·· ···-·· ............. .. . . . . . .. .. .. .. . . .. ....
Angust......................... .•.••••.••.•....•• .•••••••••••••••••
September..................... •••••••.•••••••••. .•••••••••••••••••
Total, third quarter••••••.•••...•••...•.•••.••••••••.••••••••
Grand total.·---···-·-···
6, 120, 867. 59
5,643,618.22
I
I
720. 00
42. 30
7,930.48
124,280.00
124,237.70
116, 307. 22 .
1
8,692.78
116,307.22
5, 527, 311. 00
116,307.22
REGIONAL AGRICULTURAL CRJ:DIT CORPORATIONS (REDISCOUNTS)
[Under sec. Ii or the Reconstruction Finance Corporation Act, as amended]
19:r.! ····-····-················
11133............................
1934.............................
Orand total..............
$7,285,972.50
153,386,252.64
18, 168, 227. 34
$5,372,062.60
149, 782, 151. 12
18, 089, 427. 00
$655. 03
125,268,410.43
47, 974, 575. 26
178,840,452.48
173,243,640. 72
173,243,640.72
$5, 371, 407. 57
29,885,148.26
1-------1-------1-------1------Llv118TOClt
CREDIT CORPORATIONS
[Under sec. 6 of the Reconstruction Finance Corporation Act, as amended]
1932.• ·-•••• ··-..••..•••••••••••
1933•• ··-•.••••..••.••••••••••••
11134••••••••••••.•..••.•••••••••
$13, 145, 602. 86
1, 118,800.00
210,559.15
$11, 810, 403. 61
768,329.44
248,999.76
$4, 062, 258. 82
6, 081, 544. 24
1, 340, 809. 37
$7,748,144.79
2, 424, 929. 99
1, 333, 120. 38
21,406.46
42,035.24
13,743.21
1,121.50
30,817.50
38,152.35
176,791. 77
64,712.48
41. 500. 07
123,056.46
43,982.01
34,989.63
1, 311, 713. 92
1, 269, 678. 68
1, 255, 935. 47
1, 254, 813. 97
1,343, 996. 47
1, 305, 844. 12
1, 129, 052. 35
1, 064. 339. 87
1, 022, 839. 80
899. 783. 34
930,801.83
984,677.58
632,308.68
984,677.58
1935
January ••••••••••••••••••••••••.••••••••••••••••. ······•··•••••·•··
£ft%~:::::::::::::::::::::: :::::::::::::::::: :::::::::::::::: ::
tfa1::::::::::::::::::::::::::: ....... ~~:~~~.... ····i20;oixi oo·
June ••••••••••••••••••••...••••••••••••••••••..•..••••••......••••.
July••••••••••••••••••••••.•••••.••••.••.•••••••••••••••••••••••••..
August .••••••••••••.•••...••.••• · •••.•••••••••••.•.......••..•.••.•
!Er:;:::::::::::::::::::::
....... ~~:~~~~~. ········15;000:00·
December....................... .••.••••••..•.•...
88,865.88
Total ••••••••••••••••••••
283,865.88
283,865.88
Bee footnotes at end of table.
Digitized by
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54
REPORT OF RECONS'.rRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursements, repayments, and amounts
outstanding from Feb. 2, 1932, to Sept. l'JO, 1937, inclusive, by classes and month& 1 Continued
TABLE
LIVESTOCK CREDIT CORPORATIONs--Contlnued
Amount authorized•
Year and month
Amount disbursed
Amount repaid
1036
Amount outstanding at end
of period
January______ ----------------- - ····-------------- -------- -- ---- --- February_-----------------·---·---··---------------------------March_.
___ . ______________________________
. ___ ... ______________
. __ _
April._ _________________________ -- -- -- -- -- ---- -- -- -- ------ --- -- -- ------------------------------------May ___________________________
June.
________ . _________________________
--- . _____ . ____
. ____________ _
July _______________________ . __ . _________ -- ___ . ___ .. _. __ . ___________ _
August _________________
--- . ---- -- ---- -- ----. ---- - •--·-- -- -- --------_
September
_______________________________________
________________
October ____________________ • _______ . ----- -··-- ___ . _____ -- -- ----. --•
November ___________ -·----·--- ------------------ _________________ _
December ______________________________________ . ___ . _________ . ____ .
$11,093.00
3,4'02.05
11,506.06
3, 7!36. 60
8,42".53
27, 72". 12
69,134.54
9,851.34
16,277.20
91,732.38
125,592.75
216,874.94
$973,5M.5S
970,182. Iii
V58, 676. 47
VM,939.87
9"6, 515. 34
918,791. 2Z
8"9,656.68
839,805.M
823,528.14
731,795.76
606,203.01
389,328.07
Total. __________________ • ____ . _. _.. _. _________ . ________ . _.. __
595,349.51
389,328.07
January ________________________ ------------------ ----·------·-----February ________________________________________ --------------·--March_____________________________________________________________
41,753.88
12,489.38
15,250.00
347, 57-l.19
335, 08(_ 81
319,834.81
1937
Total, first quarter _______ ------------------__________________
69,493.26
319,834.81
ApriJ ___________________________ ------------------ ·----------------May·------------------·---·--- ------------------ __________________
. June ___________________________ ------------------ __________________
1,771.23
2,400.00
15,000.00
318,063.58
315,663.58
300,663.58
Total, second quarter____ __________________ __________________
19,171.23
300,663.58
July ____________________________ -----------------· ------··-·-------August _________________________ ------------------ ------------------
19,366.47
26,330.00
281, m. 11
254,967.11
Total, third 9uarter ________________________ ----------·-=--=-=--=-l===•=4=5=,696=·=47=l,===254,=96=7.=1=1
Grand total._____________
$14,758,827.88
254,967.11
$13, 101, 598. 69
I 12, 846, 631. 58
RAILROADS (INCLUDING RECEIVERS AND TRUSTHS)
(Under sec. 5 of the Reconstruction Finance Corporation Act, as amended]
$28", 311, 271. 48
109, 782, 987. 01
53, 189,013. 62
$11, 839, 562. 71
<l5, 088, 570. 37
13, 461, 271. 32
$272, 471, 708. 77
2,660,000.00
251,000.00
600,000.00
89,381.13
13,730.67
103,000.00
853,761.83
228,930.32
808,500.54
1,272,813. 41
6,133.41
454, 133. 41
98,023.81
39,550.04
16, 609, 600. 24
379, 464, 486. li8
379, 701, 755. 91
380, 198, 755. 91
386, 612, 294. 08
<l13, 414, i83. 76
414, 344, "63. 22
413, 338, 349. 81
413,349,816. 40
<ll2. 902, 782.119
412, 804, 7511. 18
412, 765, lll9. H
396, "-49, 860. 90
39, 933, 552. 00
20,577,558. 81
396, 2"9, 860. 90
~~=y-·-------------------- _____ 5,000, ooo. oo_
li0,000.00
1, 550, 000. 00
March_---------------------·-April___________________________
May___________________________
5,929,000.00
3,040,748.00
2, 587, 892. 52
5,063, 329. 75
959,142.31
1, 000, 826. 28
4, 180,699.09
4, 689, 664. 97
45,843,881.03
722,288.47
1, 807,974.08
3, 656, 849. 98
9, 569, 278. 98
99, 6lll. 00
393, 711, 968. 38
390, 198, 638. 63
389, 239, 496. 32
394,167, 670.M
393, 027, 718. 95
388, 432, 053. 98
3/iO, 840, 839. 96
3/iO, 268, 551. 48
349, 260, 577. 40
353, 786, n:r. 42·
345, 157, 448. «
345, 977, 828. «
1932. ____ -- -- ---- _---- -- _. -- -- __
1933 ________ -- -- __ -- ___ --- _-- __ _
1934 ________ ·- _____ -- -- _____ --- _
$337, 435, 093. 00
74, 410, 585. 00
46, 010, 402. 00
1935
January ________________________ ---------------·-·
February ______________________ -----·-----------March_-----·------------------ __________________
u:;
1
_-==========================
June___________________________
July
- ------------------------Augu.st_________________________
i8t~t~rber _-------------------November______________________
_____ ---------------December
Tota). ___________ --------
~
3
:: 240,
~: ~:
748. 00
J:1, 5gr:
~: 00~
738, 480.
-----------------266,700.00
__________________
17,600.00
------------------ _________ 7,100. oo _
--·-------------- ----- ----94,252.00
---- --- ------------------36, 519, 648. 00
337, 166, 125. <ll
376, 893, 867. 71
1936
99,422,400.00
16,148,667.00
100,000.00
1Ji: ~: ~
f:!f;:_=================::::::::=
August_________________________
8,176,000.00
September _____________________ ·----·-----------October---------·-·-----·-----140,000.00
November _____________________ -----------------·
December______________________ __________________
TotaL___________________
See footnotes at end of table.
8,
~
~
~:
150,000.00
800,000.00
8,183.000. 00
940,000.00
920,000.00
t-------i------+-------1-------
129, 144. 067. 00
29,909,415.00
80, 181, 447. 46
345, 977, 828. «
l======J,======l======-=1,.=====
Digitized by
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55
REPORT OF RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursements, repayments, and amounts
outstanding from Feb. 2, 1932, to Sept. 30, 1937, inclusive, by classes and months'Continued
TABLE
RAILROADS (INCLUDING R:ICIIIIVIIIBB AND TBUBTEES)-Continued
Amount authorized 2
Year and month
su~---------------------: ==t· ooo.
Amount disbursed
1937
Total, first quarter______ _
000. 00 = _________________ _
5. 000. 000. 00
Amount repaid
Amount outstanding at end
of period
$478, 106. 00
126,500.00
5, 006, 000. 00
5, 610, 606. 00
l======l======r-======I==
$345, 499, 722. 44
345, 373, 2~ 44
340, 367, 222. 44
340, 367, 222. 44
538,400.77
30,667.42
478,301.31
344, 828, 821. 67
344, 798, 154. 25
354,319,852. 94
15,000, 000. oo
1,047, 369. 50
354, 319, 852. 94
July_ - - ------------------------ -- -- ----- ----- -- -- -- ----------------
2. 387,813.42
77,028.73
'576. 007. 61
351, 932. 039. 52
351,855, 010. 79
356, 279, 003. 18
tr::~:::::::::::::::::::::::::: ---- 10.~;~::
----~:~:~~~_____________ _ 10, 000, 000. 00
June __ ---------------L--------
Total, second quarter____
10,078,000.00
teTte:hli,::::::::::::::::::::: -----~:~~:~~~~- -----s;ooo;ooii~oo-
Total, third quarter______
5,000,000.00
5,000.000.00
' 3, 040, 849. 76
1======1======1°======
Grand total______________
643,597,795.00
537,126.239. 11
• 180, 847, 235. 93
PROCESSORS,
356, 279, 003. 18
356, 279, 003. 18
OB DISTRIBUTORS 8UB111:CT TO PROCESSING TAXES
[Under sec. Ii of the Reconstruction Finance Corporation Act, BS amended]
11133 ____ -------- --- --- -- ___ -- ---
1934_____________ --- -- -- -- _-----
$21,733.69
4,355.58
1935
January________________________ - -------------- --------------------
~:ie:;,-=:--::::::::::::::::::: :::::::::::::::: :: :::::::::::::::::
$900. 00
300.00
267.68
Total---~---------------- ---------------- ---------- • -------Grand total______________
26,089.27
14,718.06
14,718.06
ST.A.TE
FUNDS CBliTIIID J'OB
Tllll:
$7,333.69
1,467.68
$7,333.69 -----------------7, 384. 37
$13, 2/iO. 38
$567.68
267.68
1,467.68
PUBl'OSE OJ' INSURING REPAYMENT OJ' DEPOSITS OJ' PUBLIC MONEYS
(Under sec. Ii of the Reconstruction Finance Corporation Act, BS amended]
11133 ___________________________ _
1934 ____ --- ----- ------ _-------- _
$5, 887, 715. 88
2, 500, 000. 00
$5, 887, 715. 88
2, 500, 000. 00
$74,750.14
7, 834, 388. 79
$5, 812, 965. 74
478,576.95
1935
January ·---------------------- __________________ __________________
478,576.95 _________________ _
May--------------------------2,400,000.00 ------------------ ------------------ -----------------June_-------------------------- __________________
$2,376,915.30
260,159.51
2,116, 755. 79
July ____________________________ ------------------ -----------------510,994.28
1,605,761.51
August _________________________ -··--------------- -------·---------95,974.07
l, 509,787.44
~i:-~~::::::::::::::::::::: :::::::::::::::::: ::::::::::::::::::
November_____________________ __________________ __________________
December______________________ __________________ __________________
Total____________________
2,400,000.00
2,376,915.30
~i~: ~~~: i~
f: :;: f~: ~
37,465.50
336,355.40
1,009,731.87
673,376.47
2,182,115.78
673,376.47
419,773.21
156,528.25
45,335.24
332,051.79
151,040.26
59,318.34
381,653.67
131,760.63
67,539.09
1, 228, 375. 119
253, 603. 25:
2,397,075. 01
2, 361, 739. 77
2,019, 687. 98
1, 868, 647. 7Z
1, 809, 329. 38
1,427,675. 71
1, 295, 915. 08
l, 228, 375. 119'
1936
rr~:::::::::::::::::::::: -----~~~:~~~- ---·-2;aoo;iioo~oo~:-::::::::::::::::::::::::: :::::::::::::::::: ::::::::::::::::::
June_---·-----------------···-· ___________________________________ _
Joly ----------------··--·---· ------------------ ----------------- _
Aogust_ ---- - - -- -• ---- -----. -·- - - ·----- -- -- • -- - -- - -- -- -- -- -- -- --- - -September
_____________________ ------------------ -----------------October ____________ • ______ ._.__ ___ ___ ____________ __- _- ___ - _- ______ _
Total.___________________
Grand total______________
2,300,000.00
2,300,000.00
2,973,376.47
1======1======1°======1======
13,087,715.88
13,064,631.18
13,064,631.18
Bee footnotes at end of table.
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56
REPORT OF RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursements, repayments, and amounts
outstanding from Feb. 2, 1932, to Sept. 30, 1937, incluaive, by classes and monthsLContinued
TABLE
BORROWERS ENGAGED IN THE FISRING INDUSTRY
(Under sec. 5 or the Reconstruction Finance Corporation Act, as amended]
Amount author•
!zed•
Year and month
1934........................... .
Amount dis•
bursed
Amount repaid
Amount out•
standing at end
of period
$119,500.00
$25,000.00
$25, 000. 00
-January.••.••••......••.....••.
February ••••........••....•...
Murch .••••..••••.•..•••••.••••
April.. .••.....••••.••••.•.•.•..
-June ...•....•.•••....••..••....
August •......•••.••••.•.....•..
September .••.•.•.••..•........
October ...•.•.•...•..••.......•
November •••••...•..••.....•..
December.•••....••••••••..••..
7,500.00
11,000.00
14,000.00
3,000.00
500,000.00
16,400.00
· 20, 000. 00
2,000.00
7,500.00
8,000.00
17,500.00
10,000.00
42,500.00
52,500.00
52,500.00
75,500.00
78,500.00
78,500.00
92,000.00
92,000.00
92,000.00
572,369.77
Total ••••••.•.••••••.••.•
589,400.00
1935
23,000.00 .•••••••••••...•..
3,000.00 ·•·••••••·•••••·•·
------------- -- -16, 000. 00
$2,500.00
------------ -•---
480,369. 77 •••••·•·••·•••·•··
549,869. 77
2,500.00
572,369.77
578,119.77
689,786.45
589,536.45
!!02, 916. 68
602,836.68
622,075.57
619,575.57
620,775.67
550,286.69
544.336.6ij
Total •••••.••••••••••••••
2", 200.00
67,330.23
1937
-January........................
65,000.00
2,000.00
February ••••••••••••••.•..••••••••.•.••••••••••.••••••.......•..
March......................... .•••... .. •. .. .....
9, 875. 00
Total, ftr~t quarter.......
55, ~- 00
11, 875. 00
Hit::::::::::::::::::::::::: ········is;ooo:oo· ........ ~:~~~.
95,363.31
544,336.69
13, 500. 00
3, 000. 00
2,000.00
532, 836. 69
529, &16. 69
537,711.69
18,500.00
537,711.69
1;620. 00
566, 091. 69
579, 038. 34
577,318.35
6, 153. 35
• 2,619.99
Total, second quarter....
15, 000. 00
50, 000. 00
• 10, 393. 34
577, 318. 35
l======l======l,======I======
1, 724. 99
590, 593. 36
1, 351. 66
589, 241. 70
I 5, 000. 00
584, 541. 70
Total, third quarter......
2,300.00
15,300.00
I 8,076.65
584, Ml. 70
1======1======1,======1======
809,400.00
719,375.00
• 134,833.30
584, Ml. 70
Grand total..............
TOTAL, SEC. 5c OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS
AMENDED
[Subscriptions for stock of mortgage loan companies)
1935
March.........................
$10,000,000.00 •••..•.........•.•••••••.••••••••••..••...••.•••..•.••
April........................... .•...•......•.•...
$10,000,000.00 .••••....•.•...••.
$10,000,000.00
Total....................
1936
July............................
August.........................
10,000,000.00
10,000,000.00 .............•....
10,000,000.00
1=====1=====1,=====1======• 10,000,000.00
10,000,000.00 •••••.••••••.••••.
1,250,000.00 ...•.....••.•..... .••••..•••••.....•
20,000,000.00
20,000,000.00
1-------1-------1-------1------Total....................
• 11,250,000.00
10,000,000.00 ••••••••••••••••.•
20,000,000. oo
1-------1-------1-------1--------
1937
March.........................
Total, first quarter.......
5,000,000.00
5,000,000.00 .•.•••••••••••••••
25,000,000.00
1-------1------+-------1-------
5, 000, 000. 00
5, 000, 000. 00 ....••••••••••••••
25,000, ooo. 00
1======1======1°======1======
Grand total..............
26, 250, 000. 00
25, 000, 000. 00
25, 000, 000. 00
See footnotes at end or table.
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Google
REPORT OF RECONSTRUCTION FINANCE CORPORATION
57
6.:._Amount of authorizationB, disbursementB, repayments, and amounts
outstanding from Feb. 2, 1932, to Sept. 30, 1937, inclusive, by classes and months 1 -
TABLE
Continued
TOTAL, SEC. 5d OF THE REOO~~Tfx.~Ii~:DFINANCE CORPORATION ACT,
[Direct Joans to Industrial or commercial business, including participations]
.
Amount author•
!zed•
Year and month
1131 ••.•••••••••••••••.•••••••••
1935
1anoary•.•.••••.•••••••••••••••
February ••••...•••••••••••••••
March .••••.•.•.•••••••••••••••
April..•.•.••.••••••••••••••.•••
May ..•••••••.••••••.•• · •••..•.
June ....•••...••••.•..•••••..••
$28, 542, 535. 00
Amount dis•
bursed
Amount repaid
$6, 742, 780. 11
Amount out•
standing at end
of period
$116, 678. 79
$6, 626, 101. 32
8, 512, 751. 37
10,647,244.04
12, 738, 342. 30
14, 567, 119. 48
17,592,862.03
21,661,011. 72
25,832,374.54
29,416,860.30
32, 224, 998. 73
34, 538, 320. 50
4, 831, 550. 00
4, 121,100.00
5, 719, i71. 93
6, 979, 125. 86
4, 190,100.00
10, 979, 033. 33
6, 996, 830. 00
10,016,766.66
6, 638, 150. 00
4, 213, 108. 33
4, 061, 784. 00
•• 389, 096. 11
7.3, 036, 415. 22
1, 907, 767. 64
2,217,094.26
2, 149, 4Y9. 91
2, 042, 758. 77
3, 238, 520. 55
4, 235, 210. 82
4,410,737.99
3, 777, 486. 28
3, 038, 710. 62
2, 586, 585. 32
3, 032, 284. 87
3, 040, 678. 69
35, 677, 236. 72
21,117.59
82,601.59
58,401.65
213,981.59
212,778.00
167,061. 13
239,375.17
193,000.
230,572.1
2i3, 263. 55
320,132.29
465,582.00
2,477,867.27
39,825,469. 77
39, 825, 469. 77
4, 704, 350. 00
4, 402, 622. 20
3, 150, 210. 69
3, 056, 798. 11
2, 746, 600. 00
4, 180, 382. 55
4,736,439. 97
6, 743, 709. 02
1, 934, 860. 42
• 3,321,682.14
1,129,525.00
3, 486. 5-09. 23
• 42, 593, 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. 10
4, 279, 286. 66
1,681,248.38
3, 077, Ofill. 75
32, 293, 553. 53
403,929.48
443,162.47
772,955.21
413,246. 75
850,885.02
681,149.83
5B4, 498. 25
837,442.52
613,876.16
981,627.80
1, 099, 980. 61
1,173,068.80
8, 755, 822. 90
43, 633, 499. 68
46,308,919.12
48, 208, 805. 73
50, lll, 195. 44
50,725,015.02
52, 611, 278. 31
54, 941, 402. 16
56, 034, 552. 88
57,580,275.82
60, 87i, 934. 68
61,459,202.46
63, 363, 200. 40
63, 363, 200. 40
3, 509, 182. 94
2, 061, 681. 21
2, 128, 978. 78
7, 699, 842. 93
1,032,814.08
1, 764, 903. 18
1, 081, 332. 00
3, 879,049. 26
1, 443, 228. 13
1,151,487.31
1, 272. 052. 90
3, 866, 768. 34
62, 952, 786. 36
63, 566, 202. 22
63,375,481.32
63,375,481.32
t!if: :::::::::::::::::::::::::
1, 414, 689. 14
• 1, 418, 700. 00
1,751,575.00
• 4, 584, 964. 14
5,031,263.62
2, 469, 123. 55
1,921,595.97
9, 421, 983. 14
795,322.68
. .,223.64
• 868, 288. 66
• 2, 330, 834. 88
67, 611, 422. 26
69, 413, 322. 17
70, 466, 629. 58
70, 466, 629. 58
=bar:::::::::::::::::::::
1, 444, 720. 37
2, 516, 504. 71
1, 120, 295. 07
5,081,520.15
834,873.65
993,413.58
618,497.51
Total, third quarter••••••
4, 021, 500. 00
1, 023, 250. 00
472,100.00
5,516,850.00
' 2, 446, 784. 74
71, 076, 476. 30
72,599,567.43
73, 101, 364. 99
73, 101, 364. 99
Grand total.. ••••••••••••
161, 974, 356. 62
93, 096, 121. 91
19, 994, 756. 92
73, 101, 364. W
luly••.•••••••••••••••..••••••••
August.. ...••••••••...•••••••.•
September ••..•••...•.•••••••..
October .•...•••••••.•••••••••.•
November •••.•••...••..•.•••.•
December......................
Total..••.••••••••••••••••
f€
37, 250,473. 08
1936
January .•.•••••••••••••••••••
~t'cti•ry :::::::::::: ::::::::::
tl'i~L:::::::::::::: ::::::::::::
June .•.••••••••••••••••••••••••
luly•.•..•••••.•.•••••••••••••••
August ....•••.•.•••••••••••••••
September ••.••••••••••••••••••
October ..••••••••••••••••••••••
November •••••••••••••••••••••
December..••••••••••••••••••••
Total ••••••••••••••••••••
1937
~~Y::::::::::::::::::::::
Total, first quarter .......
Total, second quarter ....
I
I
LOANS TO INDUSTRIAL OR. COJUIERCIAL BUSINESS
[Under sec. 6d or the Reconstruction Finance Corporation Ac•t, as amended]
IW4 .••.•.•. .••.•.•••..•...•..•.
Jan
1935
r~:~:~: : ~=:: ~: :
o~~ber············--- ••••••
t::i::::::::::::::::::::::
Total ••••••••••••••••••••
$25, 477, 350. 00
$6, 315, 280. 11
$116, 678. 79
$6, 198, 601. 32'
3, 363, 100. 00
3, 570, 600. 00
5, 146, 471. 93
6, 136, 125. 86
3, 306, 600. 00
10, 391, 100. 00
6, 232, 980. 00
10, 203, 500. 00
5, 236, 800. 00
3, 550, 275. 00
3, 323, 284. 00
3, 708, 095. 11
M, 168,931.90
1, 571, 634. 31
2, 063, 844. 26
1, 666, 500. 38
1, 801, 258. 77
2, ~34, 520. 55
3,895, 744. 15
4,015,443.83
3,439,670. 76
2, 934, 408. 66
2, 280, 772. 82
2, 738, 384. 87
2, 873, 828. 69
32, 216, 012. 05
21,117.59
82,521.59
51,571.65
168,151.59
212,698.00
166,378.64
235,675.36
185,635.64
216,860.00
222,825.31
303,386.41
445,775.10
2, 312, 596. 88
7, 749, 118. 04
9, 730, 440. 71
11, 345, 369. 4.
12,978,476.62
15, 700, 299. 17
19, 429, 664. 68
23,209,433.15
26, 463, 468. 27
29,181,016.93
31, 238, 964. 44
33, 673, 962. 90
36, 102, 016. 49
36, 102,016. 41>
Bee footnotes at end or table.
Digitized by
Google
58
REPORT OF RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursements, repayment1t, and amount,
outstanding from Feb. 2, 1932, to Sept. 30, 1937, incluaive, by classes and months 1 Continued
TABLE
LOANS TO INDUSTRIAL OB Co1,n.rEBCIAL BUSINE~s-Continued
Amount author•
ized •
Year and month
1936
January __________ ---···- _______
February---------------------March _________________________
April__ _________________________
Amount disbursed
.
Amount repaid
Amount outstanding at end
of period
$385, 238. 64
July
___ _________________________
-----------------------August
September _____________________
October ___________________ • ____
November_ •• __________________
December ______________________
$4, 350, 300. 00
3,551, 129. 70
2, 332, 710. 69
2, 448, 398. ll
2,418,600.00
3, 093, 313. 81
3, 456, 479. 97
5, 459, 459. 02
1, 754. 860. 42
2, 799, 182. 14
1, 049, 02S. 00
3, 422, 569. 23
$3, 988, 339. 71
2,655,987. 11
2, 455, 134. 15
2, 030, 136. 46
1,342,204.60
2,260,913.12
2, 942, 597. 10
1, 857,919. 94
1, 949, 130. 67
3, 628, 323. 99
1,537,288.38
2,980,141.75
392,139.75
542,954.56
3.12, 147. 91
803,461.09
502,213.45
488,439.50
807,870.67
527,531.17
603,877.85
96'1, 553.85
1, 066, 263. 9Q
Total. _________ -- -- --- -- -
36, 136, 028. 09
29, 628, 116. 98
7, 418, 692. 43
58, 311, «L 04
2, 008, 932. 94
1, 830, 281. 21
1, 807, 645. 45
986,083.31
1, 545, 280. 11
924,685.85
1, 394, 336. 45
1,097,178.48
1,054,217.21
57,903,187.00
58, 351, 289. 53
58,221, 758.17
May--------------------------June
___________________________
1937
January ________ -- --------- - --- February
__
-------------------March _________________________
$39,705, 117.li&
41, 968, 964. 9'J
43, 881, 144. 51
45, 579, 133. 06
46,117,876.57
47,876.576. 24
50, 330, 733. 84
51, 380, 78-"J. 11
52, 802, 382. 61
55, 826, 828. 75
56, 397, 563. 28
58, 311, 441. 04
Total, first quarter _______
6, 546, 859. 60
3,456,049.27
3, 545, 732. 14
58, 221, 758. 17
April ___________________________
May--------------------------June
___________________________
1,027, 789. 14
• 977, 800. 00
1,628,575.00
4, 779, 638. 62
2, 431, 944. 07
1, 770, 075. 51
738, 738.13
548,131.23
• 806, 113. 71
62, 262, 658. 66
64,146,471. liO
65, 110, 433. 30
Total, second quarter ____
• 3,634, 164. 14
8, 981, 658. 20
• 2, 092, 983. 07
65, 110, 433. 30
1uly ______________ -- _. -- -- -- __ • _
3, 807, 000. 00
863,500.00
303,500.00
1, 186, 517. 04
2, 508, 504. 71
1, 120, 295. 07
761,821.59
928,550.80
I 590, 646. 76
66, 535, 128. 75
67, 115, 082. 66
67, 644, 730. '¥1
2,281,019.15
67, 644, 730. '¥1
117, 767,702.46
67,644, 730. '¥1
August __________________ ------September _____________________
Total, third quarter ______
4,974,000. 00
4, 815, 316. 82
Grand total ______________
140,937,333. 73
85, 412, 433."43
I
PURCHASES OJ!' PARTICIPATIONS IN LOANS TO INDUSTRIAL OB 00:U:KEBCIAL BUSINKSS
[Under sec. 5d of the Re~nstructlon Finance Corporation Act, as amended]
$427, 500. 00
$1, 941, 460. 00
$427, 500. 00
1935
January _______________________
_
February _____________________ _
March ________________________ _
April__________________________
__________ ------ -- -- - - --- --_
May
June __________________________ _
.July ___________________________ _
August ________________________ _
September
_______ --------------_
October _______________________
November ____________________ _
December _____________________ _
886,500.00
235,500.00
328,800.00
735,500.00
615,500.00
217,100.00
663,850.00
586,600.00
401,350.00
447,433.33
418,500.00
681,000.00
336,133.33
153,250.00
482,900.53
241,500.00
304,000.00
318,266.67
394,894.16
329,815.52
104,301.96
305,812.50
293,900.00
166,750.00
$80.00
6,830.00
45,830.00
80.00
682. 49
2,099.81
7,364.88
11,712.19
50,438.24
16,745.88
19,806.90
763,633.33
1116, 803.33
1, 392, 972. 86
1, 588, 642. 86
1, 892, 562. 86
2,210,147.04
2, 602, 941. 39
2, 925, 392. 03
3,017,981.80
3, 273, 356. 06
3,550, 510. 18
3,697,453. 28
Total ___________ ------ __ _
6, 217, 633. 33
3, 431, 623. 67
161,670.39
3, 697, 453. 28
230,050.00
740,292.50
482, 500. 00
432,400.00
78,000.00
297,000.00
1,135,960.00
96, 250. 00
100,000.00
• 142,500.00
8,000.00
64,000.00
223,619.68
462,594.80
217, 707. 67
285,500.00
122,500.00
106,500.00
72,025.00
72, 673. 30
210,468.43
650,962.67
143,960.00
96,925.00
18,690.84
51,022. 72.
229, 600. 65
81,098.84
47,423.93
78,536.38
96,058. 75
29, 246. 58
86,267.28
376,952.93
133,349.05
106,804.81
3,902,382.12
4,313,954. a>
4, 302,061. 22
4,506,462.38
4,581,538, 45
4,609,502.07
4,585,468.32
4, 628, 895. 04
4,753,096.19
5,027,105.93
5,037,716.88
5,027,837.07
• 3,806,952.50
2,665,436.55
1934 _____ ----------------------
•
1936
January-----------------------February··-------------------March_________________________
April___________________________
May___________________________
June___________________________
July-----------------------•---August.________________________
September_____________________
October________________________
November_____________________
December______________________
Total____________________
See footnotes at end of table.
l=====i=====i=====i=====
l======l,======I=======!======
1--------1-------1-------1------1,335,052. 76
5,027,837.07
l=====l•=====l======i=====
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59
REPORT OF RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursements, repayments, and amounts
outalandingjrom Ji'eb. 2, 1932, to Sept. SO, 1937, inclusioe, by classes and months 1Continued
TABLB
PUBCIIAl!BS
or
PABTICIPATIONS
Year and month
IN LOANS TO INDUBTBIAL OB
I
Amount author,
!zed'
1937
January•••..•.•.•••• ••.•.••.•••
February •.•••••.•••••.•...•••.
March ••..•••••••••••••••••.••.
Total, ftrst quarter •• •••••
COKKJ:BCIAL
Amount disbursed
BUBINES!t-Contlnued
Amount outstanding at end
or period
Amount repaid
$431, 500. 00
95,500.00
289,333.33
816,333.33
$46,730. 77
219,623.07
153, 846. 15
420,199. 99
$48,491.68
54,166.23
215,592.45
318,250.36
$5, 026, 076. 16
5,191,533.00
5,129, 786. 70
5, 129, 786. 70
274, 000. 00
71, 650.00
123,000. 00
469, 5.50. 00
136,000.00
37,179. 48
148,720.46
321,899.94
56, 584.55
113, 162.57
• 60,274.85
• 230,021.97
5, 209, 20?. 15
5, 133, 219.06
.5. 221, 664. 67
5, 2'1 1, 664. 67
10,000.00
101,500.00
168,600.00
280,100.00
250,083.33
8,000.00
September .••....••••••...•••.•
Total, third quarter..••..
71,515.61
54,862. 78
26,148.40
152, 526. 79
5, 400, 2.32. 39
6, 353, 369. 61
6,327,221.21
5, 327, 221. 21
Grand total ••••••••••.••.
13, 532, 029. I 6
2,197,522.27
5, 327, 221. 21
Apn1 ••••••••••••••••• • ••••••••
May.••••••••••.•••••••••••.•..
June •• •••••••• •••••••••••••••••
Total, second quarter. . ..
July •••••• •••••••••••••••••••••
August .•••.••••••••••••••••••••
------------------
I
258,083.33
7, 524, 743. 48
I
I
AGRHlllNTS TO PUBCllisE PABTICIPATIONS IN LOANS TO JNDUSTRIAL OR Co,ulERCIAL BUSINESS
[Under sec. 5d or the Reconstruction Finance Corporation Act, as amended]
$1, 123, 725. 00
19.14..••••....••••••••••..•••••.
26,000.00
29,600.00
3,600.00
2, 649, 849. 99
l======l======l,======I======
Toi.al ..•••.•••• ••••••••••
1936
124,000.00
Ill, 200.00
335,000.00
176,000.00
250,000. 00
790,068.74
144, 000.00
188, 000. 00
80,000.00
• 380, 000. 00
72,500.00
r:::::::::::::::::::
Totel ..•.••••••••••..•.•.
J
400.00
325. 27
77. 71
797. 02
77. 71
23,922. 29
2, 0i7. 71
• 2, 650. 768. 74
1======1======1,======I======
1937
rTt?~:::::::::::::::::::::
Total, first quarter.......
26.000. 00
26,000.00
25,600.00
25,600.00
25,600.00
25,200.00
25,200.00
24,874. 73
24, 797. 02
24, 000.00
23, 922.29
400. 00
168,750.00
135,900.00
32,000.00
2,800.00
,------->----2, 800. 00
400. 00
142. 60
2, 243. 24
23, 522. 29
23, 379. 69
23, 936. 45
______
,
23, 936. 45
2, 785. 84
336, 650. 00
l = = = = = = l = = = = = = I , = = = = =I = = = = = =
139, 561.45
133,631.61
5,929.84
11~ : : :
134,531.61
I, 900. 00
t:::::····················· ·······~~~~~.
Total, second quarter....
481 , 250.00
118,425.00
7,829.84
134, 531.61
~Illy •.••••••••• ••• ••• ••• • .. .. ••
204, 500. 00
58,250. oo_
8, 120. 00
1, 536.45
JO, 000. 00
I I, 702. 35
141, 115. 16
131, 115. 16
129, 412. 81
Se':iie,::··················· ........
................. .
129, 412.81
• 13,238.80
8, 120. 00
262,750.00
Total, third quarter......
. 8=1
0randtota! ••••••••••••.• 1==7=,=li04=,99=3=.=73=l,===1=58-=,9=4=5.=00=l===,=29=,=53=2.=1=9=l====l=29=,=41=2=
See footnotes at end or table.
Digitized by
Google
60
REPORT OF RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursements, repayments, and amounta
outstanding from Feb. 2, 1932, to Sept. 30, 1937, inclusive, by classes and months I.Continued
TABLE
TOTAL, SEC. 5e OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AB
AMENDED
[Loans on the assets of closed banks and trust companies)
Year and month
Amount author•
ized •
Amount dis•
bursed
Amount repaid
Amount out•
standing at end
or period
1934 ....... •...........•........
$131,116.87
$22,500.00
$139. 25
$22,360. 7~
l======,l=======l=======I=======
lanuary ...•.•••••••.••.••••••••
79,988.24
13,211.53
1,365.58
34,206.70
February•.••••••••••••••••••••.
102,059.90
48,955.12
5,251.22
77,910.60
March ........•••••.•••••••••••
193,054.63
82,387.25
10,505.65
149,792.20
April. ..••.....•••.•..••••••.•.•
110,118.91
92,672. • 0
8,119.53
234,345.15
May .••••...•..•••••••..••••••.
103,261. 78
82,867.05
7,159.20
330,447.73
lune .••••....••••••••••...•••••
91,233.42
11,231, 136. 44
10,466.26
411,214.89
luly ....•••••.••••••••••••.•••.•
111,000.00
10, 468, 138. 63
972,554.09
9, 906, 799. 43
August ..••....••••••...••..••••
84,471.17
164,430.65
1, 759, 674. 15
8,231,596.45
September ••••••••••••.••.•••••
42,367.47
75,135.91
561,747.14
7,712,216. 78
October.•.•.•••••••••••••••••••
8,594.84
63,605.08
579,021.32
7, 196, 800. 54
November .••••••••••.•.....•••
8,690.00
31,443.48
19,603.98
590,860.82
December •••..•••••••••.•.•••••
23,500.00
652,657.07
18,357.46
1, 225, 160. 43
1
Total •..•••••••••••••••••• --1-2-.1-9-0,-57-6-.5_7_,
11, 774, 404. 48
10, 571, 604. 80
1, 225, 160. 43
1936
l======l======l,======I========
lanuary........................
305,365.56
28,380.11
40,298.51
1, 213, 242. 03
February •.•.•••••..••••••••.•.•.••••••••.....••.••••.••••.......•••
14,119.64
1, 199, 122. 39
March..........................
26,298.85
15,484. 77
Zl,036.63
1,187,570.53
April...........................
23,750.00
40,283.54
23,550.36
1, 204, 303. 71
May...........................
4,426.14
265,670.17
30,561.69
1,439, 412. 19
lune...........................
Zl, 578. 98
62, 730. 24
1,462, 101. Zl
40,041.16
luly............................ •••••••••......••.
9,730.19
41,535.47
1, 430, 295. 99
August......................... .••••..... ........
19,843.01
62,260.33
1, 387, 878. 67
September.....................
13,173.07 .•••••••.•.....•..
1,371,814. 18
16,064.49
Octo her.. . . . • . . . . • . . . . . . . . • • • . .
166, 359. 72
24, 287. 80
31,750.86
1, 364, 351. 12
November.....................
71,251.47 ....••.•......•...
1, 340, 469. 12
23,882.00
December......................
131,590.43
10,493. 74
1, 316, 358. 68
34. 604. 18
Total.......................
769, 794. 22
476,903.57
385,705.32
1, 316, 358. 68
1937
lanuary ....................... .
228,698.75
33,065.45
1, 283, 293. 23
40,188.41
40,573.66
43,568.68
1, 283, 678. 48
n'~~i:iry ·•··•·•·· ..... ····••· ..
62. 737. 09
Zl,578.62
1, 256, 099. 86
Total, first quarter •.••••. r - - -335,004.52
- - - - r - - - -40,573.66
- - - 1 - - - -100,832.48
- ' - - - - l - -1,-256,
' -099.
- -86
1935
April. ••...•.•••••••••..•••.••..
23,084.65
21,406.77
1, 204, 000. 00
1, 2~7, 777. 74
154,800.00
May ••.••••••••..••••••••••••••
30,596.44
56,446.16
1, 231, 929. O:t
4 28,526.48
lune •••••••••.•••••••••••••••••
410,700.00 -----------------1, 203, 402. 54
Total,.second quarter ••.• _ _1,_
..:.__ _ ,------➔----'---·l---'--~-4 106, 378. 41
53,681.09
1, 203, 402. 54
769, 500. 00
1uly..••••••••••••••••••••••••••
54,000.00
75,169.55
23,145.92
1, 255, 426. 17
Grand total .•••••••••••••
17,056, 56L 99
12, 458, 291. 82
I 11, 284, 294. 03
1, 173, 997. 79
August ••••••••....•••••••.•••••
8,000.00
71,414.15
1,192,012.02
1, 457, 186. 64
I 25,073. 70
September •••••••••••••••••••••
349,383.17
7,059.47
1,173,997.79
1----=,,....,-.,..,.-=
Total, third quarter•••••• ,---,-,,.,.-,.,.,--·!---'7""c-:-c--:-·r---:-:-,--=-=1, 860, 569. 81
90,229.02
I 1111, 633. 77
1, 173, 9117. 7l>
TOTAL, EMERGENCY RELIEF AND CONSTRUCTION ACT OF 1932, AS AMENDED
1932••••••••••••••••••••••••••••
1933.•••••••••• ···-· ••••••••••••
1934••.••••••••••••••••••••••• • •
$313, 044, 328. 13
704, 921, 279. 71
453, 239, 878. 86
$97,144,016.18
345, 029, 713. 17
308, 721, 348. 95
$115,456.95
4, 620, 654. 50
273, 122, 446. 31
$97, 028, 559. 23
437,437,617.90
473, 036'., 6:IO. 54
100, 020, 000. 00
50,000.00
100,075,000. 00
1, 994, 117. 18
11, 320, 844. 02
8, 868, 557. 15
12, 473, 105. 53
13, 837, 388. 69
12, 557, 881. 66
107, 693, 518. 21
97, 033, 894. 59
25, 774, 743. 12
22, 996, 380. 34
7, 900, 834. 05
7, 440, 420. 74
4, 810, 693. 25
6, 973, 192. 77
6, 189, 376. 35
3, 864, 503. 08
914,329.61
2, 483, 034. 33
5,641,568.14
11, 412, 700. 18
1, 379, 191. 11
938,119.59
a, 251, 455. 64
500,000.41
30, 481, 058. 60
478,384,171.79
481, 063, 352. 59
489, 671, 955. CM
502, 595, 014. 12
512, 669, 861. 45
614, 721, 811. 52
700, 343, 005. 93
724, 738, 557. 94
746, 796, 818. 69
751, 446, 197. 10
758,386,617.43
732, 716, 252. 08
298, 085, 182. 40
332, 708, 261. 35
73, 028, 529. 81
732, 716, 252. 08
1935
1anuary.••••••••••••• ·-·· •••••• __ ,.., ______ --------
February•.•.•••••••••••••••••••
March .••.•••••••••••••••••••••
April.. ••••••••.•••••••••••••.••
May •••••••••••••••••••••••••••
1 une •••••••• ··-·· .•••••••••••••
luly ....•.••••••••••••••••••••••
August ..•••••••••••••••••••••••
September •••••••••••••••••••••
Octo her ...•••••••••••••••••••••
November •••••••..••••••••••••
December..••••••••••••••••••••
Total. •••••••••••••••••••
150,000.00
1, 751, 013. 91
815,051.31
7,000, 000. 00
sq, 153, ooo. oo
-----------------77,000.00
Bee footnotes at end of table.
Digitized by
Google
REPORT OF RECONSTRUCTION FINANCE CORPORATION
61
6.-Amounl of authorizatiom, disbursements , repayments, and amount,
outatanding from Feb. S, 19SS, to Sept. SO, 1937, inclusifle, by classes and months I.-
TABLE
Continued
TOTAL, EMERGENCY BELIEF AND CONSTRUCTION ACT OF 1932, AB AMENDEDContinued
Year and month
Amount author•
!zed'
Amount dia•
bursed
Amount repaid
Amount out•
standing at end
of period
1936
ir~·::::::::::::::::::::::
H: ::::::::::::::::::::::::::
J'uly ••• ····-· ·--·· ·······---·--
t~i!ber:::::::::::::::::::::
October-···--·---······-··-·--November___ .. ------·····--.....
Deoem her-· _____ ·-·---···.·- __ •
Total._ - • ·-·········---··
$100, 000. 00
505,432.50
80,652.05
003, 558. OS
67,li00,000. 00
8, 637, 112. 42
100, 536, 000. 00
226,000. 00
22.5,000. 00
10, OS5, 000. 00
60,000.00
$37, 501, 341. 04
3,831,372.88
6, 329, 346. 56
5, 175, 400. 15
11, 446, 590. 95
13, 819, 950. 47
7,380, 161. 71
6, 888, 927. O'l
7, 366, 098. 92
6, 850, 964. 55
4, 130, 725. 71
4, 051, 064. 45
$898, 4~7. 17
1, 003, 813. 57
2,340,651.15
19, 845, S63. 80
123, 493, S43. 87
33, 701, 157. 72
71,631,795.21
610,972. 42
451,175.81
409, S65. 22
324,510.31
2, 993, 383. 56
$769, 31G, 136. 86
771, 246, 696. UI
775, 235. 390. 57
760, 564, 926. 92
648,517,674.00
62S, 636, 466. 75
238, 856, 755. 05
lH, 771,944.31
258, 605, 489. 81
588, 882, 706. 68
41111,000.00
41, 576, 836. 28
6, 873, 191. 63
2, 176, 207. 37
660,627.14
12, 613, 985. 63
49,627, 756. 70
629, 798, 916. 72
624,168,121.72
676, 806, 573. 3G
------------------
664, 3S4, 833. 25
570, 662, 7ffl. 86
577,577,710.96
684, 018, 810. 29
687, 825, 025. 69
588, 882, 706. 68
1937
J'anuary.• ---·. ·-·· ·-·. ·--·----·
t:~·.::::::::::::::::::::: ---------------------- ------- ----- Total, 1lrst quarter·----··
405,000.00
60, 626, 235. 28
62,702,368.47
676, 806, 673. 3G
=·-.::::::::::::::::::::::::
60, 000, 000. 00
2, 133, 928. 70
6, 674, 565. 29
3,647, 487.95
3,496,119.06
24,247,975.69
12, 497, 467. 16
• 2, 173, 106.40
559, 233, 162. gg
660, 383, 183. 78
551, 706. 197. 43
62, 133, 928. 70
13, 81!1, 172. 29
• 38, 918, 548. 25
551, 706, 197. 43
J'llly ••• -· ····--···· · - ··········
Bep~ber••• ---············-··
86, 000, 000. 00
160, 030, 000. 00
176,000.00
18, 668, m . 40
2, 564, 440. 97
6, 032, 171. 30
668,417, 752. 70
. 611,074, 446. 66
616, 343, 33G. 11
Total, tbfrd quarter••••••
235, 205, 000. 00
1,947, 186. 13
59, 907, 747. 02
17113, 278. 84
I 62, 618, 211. 99
773, 731, 706. 09
616, 343, 339. 11
1'111111 ....... -·-·-·-·············
Total, second quarter ••••
August •••••• • •••••••• •• .•••• •••
Grand total·-··---····--· 2, 305, 891, 362. 85
27, 255, 353. 67
1, 29C, 075, 045.
20
I
516,343,339.11
81n.r•UQUIDA'l'ING l'BOlECTS (INCLUDING LOANS rOB FINANCING REPAIR or DAl(AGJ: BY EABTBQUAIII,
Fm11, TORNADO, OB CYCLONIIS IN 1933)
[Under sec. 201 (a), title II, of the Emergency Relief and Construction Act of 1932, as amended]
11132.•• -·······---·-············
1933·-·········-··-····-·-······
1934·-·-··----·····-···-·-······
$146,776,634. 24
84. 988,207.26
25,333,313. 36
$16,737,000.00
47,866,091.68
67,950,843. 33
8, S67, 041. 57
$15,737,000. 00
63,460,916.68
122,534,718. 34
m: ~
ra: ~: ~
m: ~: m:~
$152,175. 00
lG36
l=======l=========,l========i,======J'aunary_. ·-· •• .••••. ••..•••... •..•.•.•..........
2,768,266.11
90, 755.16
1211, 202, m .29
February--····-···-··········· .............. . ...
8, 727,728. 86
1,327,180.46
127,602,777.69
March ......................... ................ ,.
&,086, 225. 31
655,843.46
132, 133,169. 66
tf::·-············-·'.·········· ........63, 000• 00.
~ ~:
lune...........................
36,000,000.00
9,158,389.19
14,547.09
146,453,336. 41
1uly.............. ............. •••.••••.... ....••
2,935,100. 00
878,931.10
148,509,505. 31
August ••••• •-··-····'..........
7,000. 00
6,345,950. 52
169,092.14
lM,686,368.69
September.·-···-·············· ••.•••••...•......
13,660,000. 00
79,534.28
168,256,834.41
October·······-·-·············· ..••••••••...... . .
2,843,262. liO
2,836,802.14
168,263,294. 77
N'ovember •••••• -·-············ .•••••••••••.•.•..
4,961,758.33
89,272.40
173,136,780.70
December_·-- .... --· .. ··-···· .. i.:·.::.··:.:·.::.··:.:·.::.··:.:·.::.··:.:·.::.··:.:·.::.·., 1--.::.3,:.:04_0.::.,.::.000:..c..:.c.oo:.c...i1--:.:29..c.:...'8:..:.7.::.3•..:3.::.59:..:.. .::.:18:..:. ~-.::.14:.:6:..:.,302,c.:.;::..:42.::.:1.::..6:.::2
Total·--····------······
36,060,000.00
59,791,435.82
36,023,732.64
140,3!l2,421.52
1936
l======l======l,======I======
1anuary •• ·-·········-········· •••••••••.........
February ••• ·-······-··········
6,432.60
March ......•.... ·-·--········· ..................
7, 463,954.96
3,029,480. 61
4,929,626.03
tf:~··············-·-·········· ····51,li00,000. oo·
~~:'.fflJl
1, 47ll, 000. oo
1nne·-········· ··-·--·········· ................ . .
1111:v .. .. . -·•·····-··--········· ··················
101,606. 62
1,376,925.52
579, 927.01
1
::ffl::
153,664,869.86
155. 318,424.84
159,668, 123.86
:~:~:~iJI
6,540,428.49
168,474,422. 72
6,942,044. 44
204,955.17
174,211,511. 99
August .. ·--·-· · ·-········· ····................ . .
6,S62,402.84
36,802.21
180,037,112.62
September--.-·-··· ············ ...•...••...••••••
4, 428,000. 00
60,399.90
184,41 4, 712. 72
October······ -··-·········•···· .•••..•.••.•••••••
4,710,882.89
68,025.19
189,057,570.42
November ••• -••-·--···········..................
3,600,000.00
174,460.36
192,483,110. 06
Decemw .-·-· ·-.. --·· ·--···-· i.:·.::.:··:.:·:.:··:.:·:.:··:..:.·:.:··:..:.··:.:·:..:.·:.:·., 1--3:.:'.::.ooo::..:.:..,aoo::..:.:.·..:oo.:... 1_.....c2,:.:83.::.6:.:'..:.67:..:8.::..44:.::.. 11--_1:.:9.::.3':..:24.::.6.::.,.::.:83:.:1:.:.6:.:2
Toial-----------···--·--67,606,432.60
68, 168,266.60
11,213,856.40
193,246,831.62
1-==-==,-===l======l,===-===la=====-
Bee fooblotel at encl of table.
Digitized by
Goog Ie
62
REPORT OF RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursements, repayment&, and amount.t
outstanding from Feb. te, 193!8, to Sept. 30, 1937, inclusive, by classea and months 1-Continued
TABLE
SELF·LIQUIDATI:sG PROlECTS (INCLUDING LOANS FOR FINANCING REPAIR 01' DAIUG& BY EAB'l'HQUAD,
FIRE, TORNADO, OR CYCLONES IN 1933)-Continued
Amount authorized •
Year and month
1937
January........................
$5,000.00
February ......•.•••.•••.•..•..••.••.•.•.•••..•..
March .....••.••..•••..•.•.....••.••.......••.••.
Total, first quarter .••••••
5,000.00
Amount disbursed
Amount repaid
$5, 184, 000. 00
6, 525, 896. 92
1,837,000.00
13, 546, 896. 92
Amount out•
. standing at end
of period
$96,00'l.45
26,015.00
64,555.72
$198, 33-i, 829.11
204, 834, 111. 00
206, 607, 155. 37
186,573.17
206, 607, 155. 37
~======1======1======1•
ApriL.........................
60,000,000.00
May ............•..••••••.•••••.••....••.•.......
June...........................
232. 20
Total, second quarter •••.
60, 000, 232. 20
6, 572, 704. 08
3, 600, 000. 00
3, 384, 232. 20
127,321.20
80,088.28
4 57,799.28
213, 052, 538. 25
216,572, ~9. !Tl
219, 898, 882. 89
13, 656, 936. 28
• 265, 208. 76
219, 898, 882. 89
71,371.00
36,482.70
225, 059, 9™. 70
229, 105, 666. 15
l======l======l•======I~=====
3, 600, 000. 00
167,607.19
223, 331, 275. 70
July ...•••••••.......•.•••••.•.••••••••••••.•••.•.
August ......•.....•.•.•...•.•.•..••••.•.••••••.••
September .•••.•..•••••••.••.••....•.•.•.••.•.•.•
1, 800, 000. 00
4, 082, 144. 15
1
1-------1--------11-------1-
Total, third quarter.•••.•....•••..••.•.•...
Grand total..............
9, 482, 144. 15
I
275,460.89
1======1======1°======1=
I 66. 984. 048, 43
400,667,719.66
286, 089, 614. 58
229, 105, 666. 15
229, 105, 666, li
FINANCING EXPORTS Oi' AGRICULTURAL SURPLUSES
[Under sec. 201 (c), title II, of the Emergency Relief and Construction Act or 1932, as amended]
1933............................
1934............................
$52,880,542.80
490,412.42
$7, 142,728.38
13,066,514.59
$247,534.37
4,775,909.17
$6,895, 19(. 01
15,176,799.43
19,103.32
219,539.62
394,766.90
15,091. ~
216,436.21
273,104.63
15, 163, 570. M
14, 1153, 356. 30
14,962,000.18
14, 926, 360. 52
14, 531,593.62
14,516,501.68
14, 300,065.47
14, 026, 960. 84
1,174,182.28
14, 026, 960. 84
442,677.06
13, 537, 387. 79
13, 584, 283. 78
46,895.99
13, llllO, 064. 85
46,8116.~
20,177,690.67
46,895.W
l=====l=====l•=====l=====o==
1935
February...................... .•••...•••••••••••
March......................... ..•..•••••.•.•••••
6,974.45
9,225.36
9' 143· 88 •
June........................... .•••.•.•.•••.•••.• •••••••••••.••••••
July............................ ••••••.•••••••••.• .••••••••.•.•.••••
September..................... •..•...•.•••.• ••.• .••••.•••.•.•.•.•.
December..........................................................
u:~L......................... ·················· ·········
Total. •...•••••••.•.•••••.•.......•.•.....•
········aii:ia9·iiii·
25,343.69
1936
March .•••••••.••.•••.•.•••.....••••••••••••••••...•.•.•.••...•••••
April .•....•••.•.•••.•.•.•••.•........•.•..••.•....•..•.•.•...••.•••
Total. ..•••••••.•••.•••......•. •·•· ·••• ••·· · · ·· •·•· ····•·· · ··
Grand total .••••••••.••..
53, 370, 955. 22
20, 224, 586. 66
6
FINANCING OF AGRICULTURAL COKKODITlll:S AND Llvll:STOCII:
[Under sec. 201 (d), title II, of the Emergency Relief and Construction A'ct or 1932)
1932 ..• •••••••·••· .••....•.•...•
1933 ....•...•••••••.•.•..•••••..
1934 ••.•.•••..••••.•••..•. ·••••.
$54, 77 5, 920. 67
379, 545, 402. 87
427,416,153.08
1935
January•••..••................. ·········-·- ·-····
February············-·········
150,000.00
March.........................
1,751,013.91
April.. •.••........•......•... _
762,051.31
May•···············-··········
7,000,000.00
June .•....... ·-··········•·····
50,153,000.00
July ...•........•.••..•.•...••• ·•···-··-····-··-·
Au~ust.........................
70,000.00
September.....................
100,020,000.00
October_.......................
50,000.00
November .•.......•..•....... _
100,075.000.00
December... ·-····••···········
1,994,117.18
$1,439,974.09
70, 002, 936. 30
227, 713, 991. 03
$115, 456. 95
3, 250, 860. 13
258, 238, 171. 67
$1,324,517.14
68, 076, 593. 31
37,552,412. 77
8,662,577.91
5,133,853.84
7,377,654.86
11,600,244.81
9,501,131.66
98,535,129.02
94,098,794.59
19,428,787.60
9. 346,380.34
5,057,571.55
2,478,662.41
1,770,693.25
5,826,905.61
4,843,092.67
3,081,620.01
818,795.24
2,413,363.80
5,231,354.15
10,518,067.14
1,143,098.97
119,749.10
83. 653. 50
343,728.01
260,244.79
40,288,085.07
40,578,846.34
44,874,881.19
55,656,330. 76
62,744,098. 6Z
166,047,873.49
239,628,600.94
257,914,289.57
267,140,920.81
?72, 114. 838. 86
274,249,773.26
275,760,221. 72
1-------1-------1
Total....................
262,025, 182. 40
272,891,481.84
34,683,672.89
275, 760, 221. 72
See footnotes at end of table. l=====:,=====l======I~=====
Digitized by
Google
REPORT OF RECONSTRUCTION FINANCE CORPORATION
63
6.-Amount of authorizations, disbursements, repayments, and amounts
outstanding from Feb. 2, 1932, to Sept. 30, 1937, inclusive, by classes and months 1Continued
TABLE
FINANCING
or
AGRICULTURAL COllllODITIEB AND LIVESTOCK-Continued
Year and month
1936
Ianuary __________ ------ --- -----
Febmary __________ -- --- -- --- -March ___________________ --- - --
Amount author!zed I
$100, 000. 00
500,000.00
80, 65.2. 05
003, 558. 08
November _____________________
December ______________________
Total_----------------- __
1937
Ianuary ______ ------ --------- --February ________ -- -- -- -- --- - - March ____________________ ____
Total, first quarter _______
Amount outstanding at end
of period
$796, 208. 55
527,453.05
1,129,047.08
6, 150, 145. 02
123,387,327.37
28,157,969.23
71,426, 840. 04
383,670.21
172,275.91
105,840.03
48,049.95
82,805.12
$305, 001, 400. 16
305, 275, 839. 48
305, 546, 511. 93
300,486,767.06
179,518,455.80
163,701,437.04
93, 712, 714. 27
94, 355, 568. 24
97,121,391.25
99, 155,632. 88
99, 638, 308. 64
100, 006, 267. 97
181,351,322.55
56, 613, 677. 81
232,367,631.56
100,006, 267. 97
400,000.00
36, 392, 836. 28
347,294.71
339,207.37
336, ~24.69
12, 487,
63
43, 337, 199. 98
136,062,979.56
123, 922, 303. 64
80, 924, 311. 03
37, 079, 338. 36
56, 161, 295. 30
80, 924, 311. 03
101,861.21
47,487.95
lU,886.85
24, 120, 654. 49
6, 271, 308. 88
' 2, 113, 306. 12
56,905,517. 75
50, 681, 696. 82
48, 680,277. 55
~;:1._._:: =:::::::::::: ::: : : :::: -----------------8,637,112.42
September _________ -- __ - - •- - -October________________________
Amount repaid
$30, 037, 386. 99
801,892.37
1,399,719.53
1, 090, 400. 15
2,419, 016. 11
12,340,950.47
1, 438, 117. 27
1, 026, 524. 18
2, 938, 098. 92
2,140,081.66
530, 725. 71
450,764.45
Iune ___________________________
July
- - -___________________
- --- ---- --- - ---- - - ------- -- -August
Amount dis·
bUised
160, 535, 000. 00
225,000.00
225,000.00
10, 085, 000. 00
60,000.00
------------------
----------------------------------400,000.00
~;~-_::::::::::::::::::::::::: ----------------------------------2, 133, 696. 50
June ___________________________
o.
Total, second quarter ____
2, 133, 696. 50
261,236.01
' 32, 505, 269. 49
48, 680, 277. 55
Inly ____ ----------------------August_ _____ ----------- ________
85, 000, 000. 00
150, 030, 000. 00
175,000.00
15,058,741.40
764,440.97
1. 950, 027. 15
1, 779, 578. 94
59, 836, 376. 02
6 550, 796. 14
61, 959, 440. 01
2,887, 504. 96
4, 286, 735. 97
Total, third quarter ______
23/i, 205, 000. 00
Grand total ______________ • 1,542,852,678. 07
17, 773, 209. 52
• 62, 166, 751. 10
4, 286, 735. 97
• 683, 775, 844. 96
• • 679,489, 108. 99
4, 286, 735. 97
September - -------- -- -------- --
AKOUNTS MADE AVAILABLE "FOB RELll!:r AND WOBK REuEr
[Under sec. 1, title I, of the Emergency Re!lef and Construction Act of 1932,
1932____________________________
1933____________________________
$112,492,873.22
187,507,126.78
as amended!
$79,967,042.09 --------- -- -- ----220,017,956.91
$970,085.00
1, 241,324. 00
11134 __ ------ ------------ -------- -------- -- -- -- ---- - _-- __ -- -- _-- _____
$79, 967, 042. 09
299,014,914.00
297, 773, 590. 00
1935
December______________________ ------------------ ------------------
55,532.00
7,500.00
650.00
20,000.00
900.00
610.00
67,000.00
522,400.00
331,000.00
67,000.00
74,350.00
297,718,058. 00
297, 710, 558. 00
297, 709, 008. 00
297, 689, 008. 00
297,680,008.00
297,688,308.00
297, 621, 398. 00
297,008,998.00
296, 767, 998. 00
206, 700, 998. 00
296, 626, 648. 00
Total._------------ __________________________ ----------"-----
1, 146, 942. 00
296, 626, 648. 00
ifar~-=:::::::::::::::::::::: :::::::::::::::::: ::::::::::. :::::::
~:~===:::::::::::::::::::::: ::::::::::::::::::::::::::::::::::::
June_---------------- -- -- -- --- - --- --- ------ ------ -- -- --- ---- ----- --
Joly ______ - - ---------- -- -- - --- -- -------- ---- --- -- - -- - --- -- -- --- -- -- August ·----------- --------- ------------------ -----------------September_------------------------------ ------- -- ----------------_
October ___________________________________________________________
November _____________________ ---- ------------- ------------------
193«1
-------- ---------- ----- ----------- --------- ---------- -------------------------------------------------------- ---- -- -- -- ---- -- -- -- --- - --- -----
742. 00
435. 00
189,000.00
20,000.00
2,760.00
190,500.00
228, 500. 00
236,000.00
102,000.00
74,000.00
296, 436,471.00
296, 416, 471. 00
296, 413,711.00
296, 223, 211. 00
295, 994, 711. 00
295, 758, 711. 00
295, 656, 711. 00
295, 582, 711. 00
Total __ - ----------------- --- -- - -- ----"--- -- -- - ---- - - - - -- - -- --
1, 043, 937. 00
295, 582, 711. 00
January ____ -------------------- ----- ------------- -----------------February_ - - -- ----------------- ------- ----- ------ ------------------
March ______ ------------------- ·----------------- ------------------
May--------------------------- -- ---------------- -----------------June ___________ ---------------- ------ ---------- -- ------------------
August _______________________ -- ------ ------- ----- ------------------
September _______ -------------October ____ ----------------- --November _____________________
December ____ ------------------
296, 625, 006. 00
296, 625, 471. 00
See footnotes at end of table.
•
Digitized by
Google
64
REPORT OF RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursements, repayment&, and amount,
outstanding from Feb. 2, 1932, to Sept. 30, 1937, incluaive, by classu and month.a LContinued
TABLE
AKOUNTB MADI: AVAILABLE
Year and month
roa Ri:LIJ:r
Amount authorized 1
AND WOBJ:
Amount disbursed
R•~Contlnued
Amount repaid
1937
January ________________________ ------------------ -----------------March _________________________ ------ ____________ ------------------
228,500.00
6,126,000.00
Amount out
standing at end
of period
295, 354, 211. 00
289, 228, 211. 00
Total, first quarter _______ ------------------ ------------------
6,354,500.00
2811, 228, 211. 00
May ___________________________ ------------------ -----------------June ___________________________ ------------------ ------------------
6,146,070.00
2,000.00
283, 082, 141. 00
283. 080, 141. 00
Total, second quarter •••• ------------------ -----------------September _____________________ ------------------------------------
6, 14~ 070. 00
283, 080, 141. 00
Total, third quarter.• ---------------------------------------Grand total______________
$.300, 000, 000. 00 $299,984,999.00
1
1
176,000.00
1
176,000.00
282. 11()4, 141. 00
$17,080,858.00
$282, 004, 141. 00
282, 004, 141. 00
TO'PAL, ACT APPROVED MAR. 9, 1933, AS AMENDED
(Loans on and subscriptions for preferred stock, and purchases of capital notes or debentures, of banks and
trust companies]
11133_ -····-· --- -- ----. -- -- - --· -1934--······---- - ---------------
$496, 556, 000. 00
656, 910, 925. 00
$264, 346, 216. 67
673, 657, 834. 23
$145, 975. 00
73,873,817.30
$264, 200, 241. ffT
863, 984, 258. 60
15, 054, 300. 00
2, 536, 250. 00
3,077,500.00
1, 673, 400. 00
6,269,650. 00
5, 893, 600. 00
7,313,500.00
3, 985, 700. 00
16,322,000. 00
I, 587,500.00
5, 746, 000. 00
13, 751, 864. 00
15,460, 560. 00
27, 135, 725. 00
9, 155, 660. 00
4,831, 000. 00
5, 525, 975. 00
6, 782, 063. 33
3, 627, 500. 00
6, 135, l.lO. 00
9,412,375.00
4, 938, 380. 00
2, 828, 500. 00
7,136,400.00
5,465, 754. 69
5, 2ll,054. 83
2, 225, 100. 43
7, 648, 956. 50
3, 439, 600. 27
4, 218, 296. 79
6, 563, 589. 35
6, 551, 734. 93
7, 696, 276. 26
2,406, 767. 78
2,340, 578. 18
17, 1611, 914. 93
873, 979, 063. Ill
895, 903, 734. 08
902, 834, 293. 65
900,016,337.15
902,102,621.88
904, 666, 388. 42
901, 730, 299. 07
002, 313,714.14
904,029, 812. 88
906,561,425.10
907, 049, 346. 92
897,015,831.99
1935
January ___ --- ------ ---------- -February_--------------------March_------ __________ ------ __
April. ____________ -- ---------- -May.___________________________
_____ , ·-----------------June
July------ ------ -- ---------- ---August ______ ---------------- ___
September_. _____________ ··-- __
October ________________ ~--··- __
November. ____________________
December-----·--------···-·--·
Total •• ·--·······-····-·1936
January ____________________
·-••
February ______________________
March ____ • ____________________
April__• ________________________
May. __________________________
June.-·-·------------ __________
July
_____
-------------------•
August
_________
-, ____ -- _-____---September _____________________
October ________________________
November--·-----------------December
______________ -·- _____
Total-------·-----··•-·-1937
January ________________________
February_--------------------March _________________________
Total, first quarter _______
April. ____ . ________ --·---------May ___________ -------------- __
------~
---------------82, 211, 264. 00
100. 969, 288. 33
69,937,714.94
661,250.00
1, 055, 000. 00
l; 682, 500. 00
85,000.00
2,367, soo..oo
932,450.00
25,000.00
10,000.00
56,000.00
60,000.00
425,000.00
1, 430, 000. 00
8, i89, 700. 00
100,000.00
870,000.00
25, 037, 500. 00
26. 097, 500. 00
.June _________ ---------------·--
343,000.00
6, 670, 000. 00
6, 996, 800. 00
Total, second quarter_. __
13, 009, 800. 00
.July____________ -----·-·---·-·--
1,038, 850. 00
206,800.00
624,000.00
1, 869, 650. 00
August _______ -------------·----
-September _____ ---------·-·---Total, third quarter_. ____
Grand total·-··---·------ 1, 285, 444, 839. 00
12, 748, 114. 00
I, 179,200.00
1,867,400.00
7, 109, 000. 00
560,000.00
1, 578, 950. 00
502,600.00
3, 025, 000. 00
2, 032, 500. 00
1, 010, 000. 00
75,000.00
606,000.00
32, 293, 764. 00
5, 078, 005. 27
18, 228, 664. 57
12, 176, 087. 42
7,400,914.95
5, 406, 472. 58
53, 774,430. 94
99, 260, 633. 87
19,126,510.19
5,807,909.81
• 9, 012, 765. 91
' 7, 343, 760. 65
• 32,647, 751. 11
• 275,264,807.27
004, 685, 040. 72
887,635,576.15
877, 326, 888. 73
877, 034, 973. 78
872, 188, 501. 20
819, 993, 020. 26
721, 234, 986. 39
705,133,476.20
701, 358, 066. 39
693, 355, 300. 48
686, 086, 539. 83
654,044, 788. 72
654,044, 788. 72
360,000.00
640,000.00
1, 035, 000. 00
• 14, 985, 122. 06
• JO, 985, 372. 94
• 9, 206, 231. 25
639, 419, 666. 66
629,074, 293. 72
620,903,062.47
2, 035, 000. 00
• 35, 176, 726. 25
620, 903, 062. 47
120,000.00
93,000.00
6, 220, 000. 00
6, 433, 000. 00
• 2, 360, 770. 59
• I, 794, 699. 47
• 13,063,509. 22
• 17,218,979.28
618, 662, 291. 88
616, 960, 592. 41
610, 117, 083.19
610,117,083.19
6, 364, 273. 68
6, 792, 610. 60
603, 752, 809. 51
598, 333, 948. 91
597,076,318.15
------- 373,750.00
--- - - -- ---358,600.00
732,350.00
I, 082, 467,453. 23
I 1, 616, 230. 76
13, 773, 115. 04
597,076,318.16
485, 391, 135. 08
597, 076, 318.16
I
1
Bee footnotes at end of table.
•
897, 015, 831. 1111
Digitized by
Google
REPORT OF RECONSTRUCTION FINANCE CORPORATION
65
6.-Amount of authorizations, disbursements, repayments, and amount.
outstanding from Feb. 2, 1932, to Sept. 30, 1937, inclusive, by classes and month, I-Continued
TABLE
LoANB ON PRIUBRRIID STOCK OF BANKS AND TRUST COMPANIES
[Under the act approved Mar. 9, 1933, as amended)
Amount author•
lzed •
Year and month
Amount disbursed
Amount repaid
Amount out•
standing at end
of period
1933............................ II $10,589,500.00 I• $7,748,100.00
$58,675.00
7, 823, 525. 00
1,478,513.37
1934.............................
11,524.855. 00
1935
l======,l=======l=======I==
511,130.00
.January........................
296,300.00
153,068.62
328,025.00
144,234.83
February......................
156, 750. 00
657,400.00
26,150.43
March.··-··········--·········
73,500.00
62,000.00
62,256.50
260,000.00
403,340.27
161,000.00
28,106.00
.June·---·-··········-···-·-····
12,600. oo
113,696.43
.July····---··········-·-·--·····
107,000.00
304,107.36
August .. __ .·- ...... ·-·.........
40, 700. 00
170, 350. 00
59,953.37
September.··-·................
67, 000. 00
16, 000. oo
132,321.52
October __ -·············-·······
55, 000. 00
13, 500. 00
199,078.18
November ... _...................................
25,000.00
87,254.93
December-·-··-·............... . ...... _.. . . . . . . . .
74, 500. 00
TotaJ.._ .......... _._._._
975, 40-o,..._....00- 1--2-,27-7.....9....
05____0_0 i - - ~
--~-i
1,713,568.44
1~: ~: gg
~:iL::::::::::::::::::::::::::
======I==
1936
January··-----·-··············· .......•..........
FebruarY------·············--· .•..•••...........
March----·--·········--··-·--·
85,000.00
40,000.00
5,200. oo
76,000.00
1
U';i
··-·-·-·--··-·····--··-···· •.•••.••.•....•... ········55, ooo. oo·
June.·-·--·---···-········-··-· ..•........•.... ..
24,000.00
July•••••• -·----················ .••••••••••••••••••••••••••••••..••.
August..·----·-·-··········-···
September.---·················
October.--····-···········-··-·
November·-·-·····-···········
December-··-··················
Tota). ..•.••. ······-···..
······-··········· ................. .
......•.................•...•.......
..•.................•.•...•.........
...........................•........
................................... .
85, 000. 00
199, 200. 00
$7, 689, 425. 00
14, 034, 436. 63
14, 392, 498. 01
14,576,288. 18
15,207,537. 75
15, 207, 281. 25
15, 063, 940. 98
15,196,834.98
15,083,138.66
14, 949, 381. 19
14, 904, 427. 82
14, 785, 606. 30
14, 611, 528. 12
14,598, 773.19
14, 598, 773. 19
112,473.20
14, 526, 299. 99
332,696.54
14,198,803.45
128,408.70
14,145,394.75
243,694.95
13, 901, 699. 80
32,272.58
13, 924, 427. 22
105,520.94
13, 842, 906. 28
56,909.28
13, 785, 997. 00
218,798.94
13, 567, 198. 06
83,838.15
13, 483, 359. 91
112,815. 71
13, 370, 544. 20
37,900.78
13, 332, 643. 42
13,258,617.44
74,025.98
------·I-l, 539, 355. 75
13, 258. 617. 44
1======1======1==
393,972.11
12, 864, 645. 33
January.---··-···-············· .•••••..............................
308,193.92
12, 556, 451. 41
February_ •• -·.................
100,000. 00 .•••..••..••.•..•.
76,
194.
18
12,
480, 257. 23
March •..••.••...•.......•....................... ········•·········
Total, first quarter.......
100,000. oo _................. l - - - ' - - - - I - - 12,480,257.23
778,360.21
1937
.
~~·:::: :::::::::::::::::::::: :::::::::::: :::::: :: ::::::::::::::::
212,887.65
126,568.38
' 126, 929. 22
' 466, 385. 25
12,267,369.58
12,140,801.20
12,013,871.98
12, 013, 871. 98
July•••• ___ -·.·················· •••••••••••••••••• ··•······· ••••••••
328,618.58
359,875.36
• 339, 297. 50
' 1, 027, 791. 44
11, 685, 253. 40
11, 325, 378. 04
11, 086, 080. 54
11, 086, 080. 54
7, 062, 649. 46
11, 086, 080. 54
June·-·-·---··················· ..............•.....................
Total, second quarter •••....•...•..•.........................
August ..•.••..•.••..•...........•.•.......•........................
September.--·················· ..................
100,000.00
Total, third quarter...... .... .... .... ......
100,000.00
Grand total.. ......•.....
23,274,755.00
18,148,730.00
I
SUBSCRIPTIONS FOR PREFERRED STOCK 011' BANKS AND TRUST COMPANIES
[Under the act approved Mar. 9, 1933, as amended]
$140,366,616.67
1933 •• _••..••..•.•••••••.•..•.•. I •$262, 981,400.00 I 4$140, 453,916.67
$87,300.00
li90, 813, 783. 40
7, 030, 342. 50
1934 .• ·-······ ··•·••••··•••··••·
450,862,170.00
457,477,509.23
1935
l======l======,1======1°=====
January........ . . . •. • •. . . .. . . . .
12, 925, 500. 00
13, 944, 430. 00
835, 44 7. 50
603, 922, 765. 90
February......................
2,236,000.00
24,207,700.00
1,235,320.00
626,895,145.90
March._.......................
1, 602,000.00
7, 823, 260. 00
911, 450. 00
633, 806, 955. 90
April...........................
l, 403,500.00
4,696,500.00
483,700.00
638,019,755.90
May .. ··-......................
5,065, 000. 00
4, 150, 975. 00
1,992,850. 00
640, 177, 880. 90
June...........................
5,462,500.00
6,226,063.33
586,400.00
645,817,644.23
July...........................
6,027,500.00
2,155,000.00
3,426,892.92
644,645,651.31
August ..•......•.. •............
3,114,000.00
5,597,300.00
3. 257,627.57
646. 885,323.74
September.....................
JO, 100,000.00
2,986,375.00
2,117,438.68
647,754,260.06
October........................
1, 220, 000. 00
4, 515, 880. 00
1, 297, 540. 83
650, 972, 599. 23
N ovem her. _. •• . • . . . • . . . . . . . . . .
5, 676, 000. 00
2, 528, 500. 00
529, 000. 00
652, 972. 099. 23
December......................
13,746,864.00
7,006,900.00
13,689, 160. 00
646,289,839.23
Total._·····---·-···---· i--6-8-,5-7-8,-864-.-oo-l·--85-'--,-838~,883-.-3-3~--3-0,-c-3-62-,827----.-50-i--,64,-6,,..,-c-28:-:9-,83:-::-:-9.~23
l======~======l=======I======
See footnotes at end of table.
32187-38---11
Digitized by
Google
66
REPORT OF RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizationa, disbursements, repayments, and amountt
outstanding from Feb. 2, 1932, to Sept. 30, 1937, inclusive, by classes and monthsL.
Continued
TABLE
SUBSCRIPTIONS l'OR PREFERRED STOCK or BANKS AND TRUST COKPAN!Jt&---Contlnoed
Amount authorized I
Year and month
1936
Amount repaid
$3, 026, 337. 50
Amountoutstanding at end
of period
$12, 668, 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
13,039, 981. 75
11,519,965.00
5, 216, 470. 00
3, 452, 200. 00
48, 964, 410. 00
70, 777, 400. 00
16, 805, 286. 25
4, 104, 396. 66
5, 365, 896. 18
• 5, 624, 595. 00
• 22, 767, 321. 51
$655, 931, 815. 73
643,911.633, 98
634, 124,068.98
636, 012, 598. 98
633,015,398. !IS
585, 550, 1138. 98
515, 246, 138. 98
501,465,852.73
499, 38i 456. Oi
494, 995, 559.11'1 489, 445,964.89
467, 228, 643. 38
8, 433, 700. 00
31,603,064.00
• 210, 664, 259. 85
467,228,843.38 -
170,000.00
770,000.00
25,037,500. oo
325,000.00
640,000.00
1,035,000.00
• 10,545,340.86
• 8,660,503.90
• 4,697,291. fJ7
457,008,30252
448,987,798.62
445,325,507.55
25,977,500.00
2,000,000.00
• 23,903,135.83
445,325,507.55 _
343,000.00
6,670,000.00
5,775,000.00
80,000.00
93,000.00
6,205,000.00
• 1,121,935.97
• 1,049,942.35
• 3,965,730.00
444,283,571.58
443, 326,62!1.23
445,565,899.23
12,788,000.00
6,378,000.00
• 6,137,608.32
445,565,899.23 _
5,229,505.10
3,909,289.94
1 1,033,678.56
440, 336,39U3
436,627, JOI.I~
435,593,425.63
1anuary ·----··-·--···-·····-·-·
$606,250.00
February......................
1,025,000.00
March.........................
1, 590, 000. 00
April...........................
85,000.00
May...........................
2,300,000.00
Iune...........................
917,450.00
1uly............................................. .
August.........................
10, 000. 00
September.....................
50,000.00
October........................
2.5, 000. 00
November............... . .....
425,000.00
December......................
1,400,000.00
Total ••.............•....
Amount dlsbursed
1937
Ianuary................... .....
February......................
March.........................
•
Total, first quarter.......
April...........................
May...........................
Ione...........................
Total, second quarter....
1-------1-------1-------1------
1-------1-------1------+------
1uly ...........................
August.........................
September......................
750,000.00 .........•..... ...
156,000.00
200,000.00
530,000.00 ..............•...
i--------1-------1-------1------
Total, third quarter ...... 1==1=,4=3=6=,ooo=.=oo=t===200=,=ooo=.=oo=r='=l=O=,l=7=2,=4=73=.=60=1•==43=5=,=59=3=,4=25=.63
6 288,357,947.60
Grand totaL............
831,057,634.00
723,951,373.23
435,593,425.63
PURCHASES OF CAPITAL Novs OR DEBENUTRES
OF
BANKS AND TRUST C0!4PANIES
[Under the act approved Mar. 9, 1933, as amended)
1933 .•.•••.. ·•·· ..•.............
1934.•.•.••..•..............•. • ·
1935
$222, 985, 100. 00
$116, 144, 200. 00
$116, 144, :m. 00
194, 523, 900. 00
208, 356, 800. 00
259, 136, 038. 51
$65, 364,961.43
l======(======l=======I======
1anuary........................
1,832,500.00
1,005,000.00
4,477,238.57
255,663,800.00
February......................
143,500.00
2,600,000.00
3,831,500.00
254,432,300.00
March.........................
1,402,000.00
675,000.00
1,287,500.00
253,819,800.00
April...........................
228,000.00
72,500.00
7,103,000.00
246,789,300 00
May...........................
80,000.00
1,115,000.00
1,043,500.00
246,860,800.00
June.····•·····-·-····-········
418,500.00
395,000.00
3,603,790.79
243,652,009.21
1uly ..• ·····•················ ..
1,179,000.00
1,472,500.00
3,023,000.00
242,101,009.21
August.........................
831,000.00
367,500.00
1,990,000.00
240,479,009.21
September.....................
6,155,000.00
6,411,000.00
5,518,884.21
241,371,125.00
October........................
312,500.00
409,000.00
976,905.43
240,803,219.5;
November._...................
70,000.00
275,000.00
1,612,500.00
239,465,719.57
December......................
5,000.00
55,000.00
3,393,500.00
236,127,219.57
Total. ................... ,--1-2-,6-5-7,-00-0-.-OO-i---:-14:-,785::::2:-,5::::00cc--:.Oc:=O-t--3"°'7,-,"'86:-:1-,3:-:1-::,9-,.oo=-l--23=6,-1""21-=-,-=21"'9.-=57
1936
January····-·············-·····
55,000.00
40,000.00
1,940,094.57
Feburary ... ················-··
30,000.00
154,000.00
4,855,986.28
March.........................
7,500.00
60,000.00
527,713.72
ApriL ....................... -. ·•············--··
4,000.00
1,940,750.00
May············-··············
67,500.00
50,000.00
1,922,000.00
June ...................... -....
15,000.00
55,000.00
4,704,500.00,
1uly .. ···········-·-·········-·
25,000.00
30,000.00
28,426,324.59
August .......••............•..................... ···············-··
2,102,425.00
September_....................
6. 000. 00
32, 500. 00
1, 619, 675. 00
October........................
35, 000. 00
10,000. 00
• 3, 534, 054. 02
November ..•.............•...................... ·····-··········-·
1,681,264.87
December......................
30. 000. 00
56, 000. 00
9, 806, 403. 62
1
Total....................
271,000.00
491,500.00 r--,63-,-06-1-'-,1_9_1._6_7_
See footnotes at end or table.
Digitized by
Google
234, 227, 125 00
229, 525, IS8. 72
229, 057, 425. 00
227, 120, 6i5 00
225,248,675.00
220, 599, 175. 00
192, 202, 850. 41
190, 100, 425. ll
188, SUI, 250. 41
184, 989, 196. 3V
183, 307,931.52
173, 557, 527. !ll
173,557,527. IIO
REPORT OF RECONSTRUCTION FINANCE CORPORATION
1
1
6.-Amount of authorizations, di sbursements, repayments, and amount,
outstanding f rom Feb. 2, 1932, to S ept. 30, 1937, inclus?°ve, by classes and months 1Continued
TABLE
PUICBASltS
OF CAPITAL NOTES OR DEBENTURES OF B AN KS AND TRUST COMPANIES-Contin ued
Amount au t horized •
Year and month
,
67
Amount d isb ursed
Amount repaid
1937
lanoary•...••... ___ ________ ___ _
$20, 000. 00
$35,000. 00
February... ---· --·--- - - - - - - - - - - - - -- -- -- - - - - --- - -- - - - - -- -- -- -- - - -- -Marcil . •. .... -· - ------ ·- - - - - - -- - - - --- - - --------- - ---- ---- --· - -- --- Total, first quarter __ _____
20, 000. 00
35,000. 00
Amount outst anding at end
or period
• $4, 045, 809, 09
' 2, 016,675. 12
• 4, 432, 746. 00
$169, 546,718.81
167, 530, 043. 69
163, 097, 297. 69
• 10, 495, 230. 21
163, 097, 297. 69
1= = = = == 11== = = = =1•= = ====1== == ===
162, 111, 350. 72
161,493,161.98
152, 537. 3JJ. 98
lUDtl •••••-- -- - ·---- - -- _____ ____
221,800.00
15; 000. 00
• 1, 025, 946. Q7
618, 188. 74
• 8, 970, 850. 00
Total, second quar ter _.__
221,800. 00
55, 000.00
• JO, 614,985. 71
152, 537, 3ll. 98
173, 750. 00
258,600. 00
806, 150. 00
1, 523, 445. 30
1 243, 254. 70
151, 731, 161.98
150, 381, 406. 68
150, 396, SU. 98
2, 572, 850. 00
150,396, 811.98
Airil·-······-·-- --- ---- ---- -- -- -- ---- --- ---------
40, 000. 00
May····-·-·-··------·- ------ --·- ------- ----- --- - ______ __ _________ _
-lalY•. -·-·- · ----· --- - . _. ___ ____
1= = == ==1
288, 850.00
50, 800. 00
94,000. 00
.· 1,tptember
August ... __
-- -·-------- ---___ _______- -__- -___
__ __
Total, third quarter___ ___
Grand total___ __ ____ _____
1- - -- - -- 1- - - -- - -1- - - -- --1-433, 650. 00
432, 350. 00
I
l== = = = =l== = == = l,= == = ==I==
431, 112, 450. 00
340,367, 350. 00
I
189, 970, 538. 02
150,396,811 . 98
TOTAL, SE C. 5, TITLE I, OF THE AGRIC U LTU RAL ADJUSTME N T ACT OF 1933, AS
AM END E D
(T o Secretar y or Agriculture to acq uire cotton]
' 1933
11134 .. . _._· -·- ---- - ··- · - -- - --- -0 rand totaL ___ . ____ __ __
$3, 500, 000. 00
20, 000, 000. 00
$3, 300, 000. 00
ooo:00
3, 300, 000. 00
23, 500,
$3, 300, 000. 00
3, 300,000.00 · - - - - - ---- - - - --- --
TOTAL, SEC . 36, TITLE II, OF THE EMERGENCY FARM MORTGAGE ACT OF 1933, A S
AME N DED
(Drainage, levee, irrigation, and similar districts, etc .]
-l:L.::::::::::::::::::::::::
$7,039, 114. 08
52, 501 , 540. 04
$2, 413. 955. 10
9, 884, 268. 86
611, 743. 09
837,211.49
310. 207. 65
276,500. 00
1, 882, 084. 51
634,361.85
431, 650.00
'480, 084. 32
571 , 201. 74
14, 056,891. 28
662, 458.80
11, 722, 301. 51
3, 112, 439. 32
1, 568, 295. 53
4, 313,854. 15
2, 243. 299. 68
2, 307, 790. 81
1, 780, 896. 22
1,588,3 10. 88
3, 620, 285. 14
1, 395, 076. 09
8, 910, 430. 42
2, 403, 206. 94
4, 561, 621. 67
• 32,476,694. 14
I •
$44. 09
$2, 413, 955. 10
12, 298, 179. 87
1935
tt?·---------------------
~t~:::::::::::::::::::::::
e;:::::::::::::::::::::
August .. . ·- ___ __ ___ ___ ___ ___ ___
Total_ _____ __________ ____
1, 000. 00
IJ, 500. 00
9,600. 00
428. 37
447. 24
25, 000. 00
15. 409, 619. 19
16. 977, 914. 72
21, 291,768. 87
23, 507, 068. 55
25, 814,859. 36
27. 595, 755. 5&
29, 181, 238. 58
32, 790, 023. 7Z
34,1 75, 499.81
43, 085, 501. 86
45, 488, 281. 56
50, 024, 883. 23
37, 805, 506. 85
78. 803. 49
50, 024, 883. 23
515, 425. 31
• 3, 685, 488. 29
' 3, 964, 520. 24
• 4,876,675. 70
' 642, 363. 40
' 4, 336, 286. 70
' 1,902, 132. 43
' 3, 455, 146. 68
1 I, 41 2,502.59
I, 134,214. JO
1,856,278. 54
I, 075, 103. 24
1, 787, 345. 64
73,345. 48
1, 588, 205. 64
I, 320,012. 21
531, 045. 06
904, 430.38
4. 032, 732. 09
901,607. 28
837,089. 72
902, 784.62
538, 028. 02
1, 346,26 1.49
27, 049.98
6,000. 00
20, 500.00
27, 986.25
20, 517.00
17, 001.59
42, 444. 09
43,094. 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, 110,21 2.82
60, 100, 500. 82
60, 9~ 113. 93
61, 75/J, '186. 37
62, 632. J<K PO
63, 095, TJI. 73
64, 284, 161. 22
• 28,856, 137.22
14,762, 887. 63
503,609.64
64,284, 161. 22
---------- ------------- -----------28, 000. 00
------------- --- --------- --------2. 827. 88
1936
f
::: ::'
§';:::::::::::::::::::::
TotaL __ . ___ ____ _-- -- - - --
>ee footnotes at end or table.
Digitized by
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68
REPORT OF RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursements, repaymenu, and amqunlf
outstanding from Feb. 2, 1932, to Sept. 30, 1937, inclusive, by classes and montha LContinued
TABLE
TOTAL, SEC. 36, TITLE U, OF THE EMERGENCY FARM MORTGAGE .A.C'I OF 1933, AS
AMENDED-Continued
Year and month
1937
January ________________________
February ______________________
March-- --- --- -- --------------Total, first quarter _______
April ____ _______________ ________
May _____ -- ____________________
June_ --------- ----- -- -- -- --- --Total, second quarter ____
1uly
_-- -----------------------August.
___ _____________________
September_-------------------Total, th !rd quarter ______
Grand total ______________
Amount authorized •
$757, 384.66
1,915,811.48
2, 020, 235. 62
Amount disbursed
Amount repaid
$885, 807. 12
$6,368. 94
29,036.06
73,886.68
1, 397, 031. 81
1, 248, 609. 10
Amonntoutstanding at end
of period
S65, 163, 590. 40
66, 531, 596.15
67, 706,318.57
4, 693. 431. 76
3,531,448.03
109,290.68
67, 706,318.67
6, M3, 053. 69
363.806. 71
1, 987, 573. 21
3, 219, 522. 39
577,838.36
1, 263, 661. 46
131, 093. 04
164,838.06
• 104, 723. 45
70,SU,747. ll'l
71, 237, 748. 22
72. 396, 686. 22
7,864,433. 61
5,091, 022. 20
• 400, 654. 65
72, 396, 686. 22
2, 303, 942. 79
251 , 058.04
402. 939.40
2, 276, 729. 80
470,325.43
2, 334, 770. 16
83,657.46
26,404.65
• 188,051.64
74,589, 7/l& 56
76, 033, 629. 34
77, 180,3W.86
2, 95i, 940. 23
5,081,825.38
I
298, 113. 75
77, 180,397.86
136, 389, 291. 08
78, 570, 914. 05
t 1, 390, 516. 20
77, 180, 3W. !IS
TOTAL, ACT APPROVED 1UNE 10, 1933, AB AMENDED
1933_ . ------------------------- _
1934 ___ ------ ---- - ------ -- -- -- __
$4, 375, 000. 00
25, 850, 000. 00
$4,375,000.00 -----------------25, 850, 000. 00
$92,000. 00
$4, 375, 000. 00
30, 133,000.00
1935
1anuary
·-------------------- --------150,
· -·-----------------------:August_________________________
000.00
150,000.00
Total ___________________ _
150,000.00
1936
January ________________________________________
May--------------------------- _______________ ___
June--------------------------Ju]y
____________________________ ------------------------- ·- -------August_ __ ______________________
4,000,000.00
October ________________________ -----------------November _____________________ -------- ---------December ______________________ ------------------
150,000.00
-----------------__________________
-------------------- ---------------
100,000.00
30, 033, 000. 00
30,183,000.00
100,000. 00
30,183,000.00
100,600.00
1,827. M
30, 082, 500. 00
30, 080, 672. H
30,080,615.19
29, 955, 615.19
33, 955, 615.19
33, 605, 615. 19
56. 95
126,000.
00
4,000,000.00 ----------- -- ----350,000. 00
----------------------------------------------------
4,000,672. H
320. 65
33, 605, 29!1. 64
29,l!IM,62'l.50
4, 578, 377. 50
29, 604, 62'l. 50
January ________________________________________ -----------------March ____ _______ ______________ - --- -- ------ ------ ------------------
1,235, 000. 00
28,389, 62'l. 50
14,250.00
28,355,372.50
Total, first quarter_________________ __ _____ ______________ _____
1,249,250. 00
28,355,372.50
May--------------------------- __________________ -----------------June_·------------------------- --------- - ---- -- -- - ----------------Total, second quarter____ ______________ ____ __________________
330,941.96
28,024,430.55
• 61,886. 73
Zl, 962,543.82
Zl, 962,543.82
July
__________________
---------- ·- --------_____
-- ---------------_
August
__________________________________
_____-------________________
126,243.05
30, 000. 00
Ti, 836,300.77
Zl, 806, 300. Ti
I 156,243.05
Zl, 806, 300. 77
Total. - ------------------
4. 000, 000. 00
4, 000, 000. 00
1937
--------11------1-----• 392,828.68
Total, third quarter___________ ___________ __ -----------------Grand total.. ___________ _
34, 375,000.00
34,375,000. 00
I
6, 568, 699. 23
See footnotes at end of table.
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REPORT OF RECONSTRUCTION FINANCE CORPORATION
69'
6.-Amount of authorizatio718, disbursements, repayments, and amounta
ouutanding from Feb. 2, 1932, to Sept. 30, 1937, inclusive, by classes and months'-Continued
·
TABLE
LQANS ON l'BEFEBRED STOCK OP INSURANCE COMPANIES
[Under the act approved lune 10, 1933, as amended)
Amount authorized•
Year and month
Amount disbursed
Amount repaid
Amount outstanding at end
of period
$4,375,000.00
$4,375,000. 00
$4,375,000.00
$92,000.00
25,750,000.00
25, 750,000. 00
30, 033, 000. 00
1 = = = = = = 1 = = = = = = 1 0 = = = = = =I = = = = = =
1993_ --------- --- -- --- -- ----- -- _
11134__ ------ -------- -- ---- -- __ -1935
January
·--------------------- -----------------August_________________________
150,000.00 -----------------150,000.00
150,000. 00
Total.------------- -- -· --
150,000.00
1936
lanuary ________________________ ------------------ -----------------May--------------------------- -----------------lune___________________________
__________________ -----------------__________________
100,000.00
29, 933, 000. 00
30, 083, 000. 00
100,000.00
30, 083, 000. 00
100,500.00
I, 827.
86
56. 95
29, 982, 500. 00
29, 980, 672. 14
29, 980, 615. 19
29, 855, 615. 19
1uJy
___ · ----------------------- ----------------·125,000.00_
August_________________________
4,000,000.00 ---------·-------4,000,000.00 _________________
· December
g~~.!:~:::::::::::::::::::::
:::::::::::::::::: ::::::::::::::::::
_____________________ ------------------ -----------------Total- - -- ----· --·-- --- -- -
gg~: ~
350,
4,000,672.14
33, 855, 615. 19
33, 505, 615. 19
33, 505, 294. M
29, 504, 622. 50
4, 000, 000. 00
4, 000, 000. 00
4, 578, 377. 50
29, 504, 622. 50
l======l======~======I======
1937
1anaary___________________________________________________________
_
March_-------·---------------- ___________________________________ _
1, 235, 000. 00
14,250.00
28, 269, 622. 50
28, 255, 372. 50
Total, first quarter_______ ------------------ -----------------May ___________________________ ------------------ _________________ _
lune
____________________________________________ . _________________ _
1, 249, 250. 00
28, 255, 372. 50
330,941.95
27, 924, 430. 55
27,862,543.82
Total, seoond quarter ______________________ ------------------
• 392, 828. 68
27, 862, 543. 82
1uJy____________________________ ---------·-------- -----------------August _________________________ ---------------- -- -- -- ---- ----------
126,243.05
30,000.00
27, 736, 300. 77
27, 706, 300. 77
I
156, 243. 05
27, 706, 300. 77
6 6,
568, 699. 23
27, 706, 300. 77
• 61,886. 73
Total, third quarter______ ------------------ -----------------Grand total _____________ _
34, 275, 000. 00
34, 275, 000. 00
SUBSCRIPTION J'OB PBEHBBIID STOCK OJ' AN INSURANCE COKPANY
(Under the act approved lune 10, 1933, as amended)
$100, 000. 00
J.934.. _- - - - - - - - - -- ------ ----- -- --
Grand total _____________ _
100,000.00
TOTAL, ACT APPROVED APR. 13, 1934, AB AMENDED
[Loans to finance the repair of damage by earthquake, flood, or other catastrophe In 1933, 1934, 1935, and 1936 J
193'----------------------------1==$=2=,1=50~·=000=.00=1==$=16=0=,4=3=0.=00=1,-=-=--=--=-=--=--=-=--=-=--=-1===$=16=0=,43=0.=00
1935
~i m:;
~~:=====================
==================
~:::------------------------ ------------------ ________ 15,000.00
=:ii&=::::::::::::::::::::: ::::::::::::::::::
~8: ~: ~
October-------------·---------- ---·------------------------------November_--------·-------•--150,000.00
3,000.00
December---------·------------ ---------------·-18,385.00
$175. 00
-
4 70. 00
150. 00
5, 200. 00
250. 00
I, 420. 00
300. 00
4, 400. 00
202,205.00
223,155.00
225,155.00
239, 685. 00
239, 535. 00
234, 335. 00
484,335.00
1, 234, 085. 00
1, 232, 665. 00
1, 235, 365. 00
1, 249, 350. l)O
Total- -------------------l===L'i=0,=000=·=00=1-a==l,=10=1=,285=·=oo=l•===l2=,=36=5=.OO=l===l,=24=9=,3=5=0=.00=
Bee footnotes at end of table.
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70
REPORT OF RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursement8, repaymenu, and amounts
outstanding from Feb. :I!, 193:I!, to Sept. 30, 1937, inclusive, by clasau and months I Continued
·
TABLE
TOTAL, ACT APPROVED APR. 13,.1934, AS AMENDED-Continued
Year and month
1936
January________________________
Amount authorlzed •
Amount dlsbursed
Amount repaid
A.mountoutstanding at end
of period
629,517.00
780,667. 75
1, 290, 459. 00
195,195.00
117,505.00
62,345.00
46, S75. 00
98,750.00
80,750.00
$19,150.00
6,500.00
12,425.00
17. 690. 00
355,245.00
172,261.23
234,325.42
259,627.93
126,131.00
100,102.88
176,250.00
143,851.92
$6,848.25
327. 93
1,971.23
7,354.14
34,307.46
5,347.19
4,882.72
973,124.98
10,064.56
11,215.95
9,901.09
18,860.66
$1, 262, 651. 75
1, 268, 823. 82
l,279,Zl7.59
1, 289, 613. 45
I, 610,550.99
1, 777,465. CXI
2, 006, 907. 73
1, 293, 410. 68
I, 409,487. 12
1,498,374.05
1, 664, 722. 96
1, 789, 714. 32
3, 351, 763. 75
1, 623, 560. 38
1, 083, 196. 06
l, 789,714.32
February _________________ -- ___
March _________________________
15,900.00
6,325.00
21,500.00
65,738.25
55, 708. 59
24,625.00
15,081.27
16,597.33
17,036.22
Total, first quarter _______
43,725.00
146,071.84
48,714.82
I, 887,071.34
Apr!J..
___ -- --- -- -- ----- ------ - May
___________________________
1une ___________________________
6,700.00
31,700.00
30,000.00
102,800.00
57,600.00
38,000.00
18,032.55
29, 31Q. 28
• 3li, 84Q. 53
1, 971, 838. 79
2, 000, 119. 51
2, 002, 269. 98
Total, second quarter ____
1uly ___________________________
August _________________________
September _____________________
68,400.00
198,400.00
'83,201.36
2, 002, 269. 98
5,300.00
14,600.00
1,000.00
49,900.00
38,300.00
42,700.00
22,683.88
32,367.01
1 12,907.39
2, 029, 486. 10
2,035,419.00
2, 065, 211. 70
February
___ ------------------March
_________________________
April.. _________________________
May ___________________________
1une ___________________________
1uly____________________________
August _________________________
September _____________________
October. _______________________
November _____________________
December ______________________
Total. ___________________
1937
1anuary________________________
Total, third quarter ______
Grand total ______________
$50,000.00
------------------
20,800.00
130,900.00
5, 784, 688. 75
3, 360, 647. 22
1
1, 840, 371. 30 •
1, 879, 482. 56
1,887,071.34
I 67,958.28
2, 065, 211. 70
1, 295, 43li. 52
2, 065, 2ll 70
TOTAL, SEC. 14 OF THE ACT APPROVED JUNE 19, 1934, AS AMENDED
[Loans to borrowers engaged in the mining, milling, or smelting or ores]
1935
February______________________
$168, ooo. oo
March_________________________
432,000. 00
April___________________________
3, 000, 000. 00
May___________________________
440,000. oo
1une___________________________
541, ooo. 00
July ___________________________
750,000.00
August_________________________
348,000.00
September_____________________
545, 000. 00
October _________________________________________ _
November_____________________
60,000.00
December______________________
23, 000. 00
$8,000.00 __ ·________________
272,000.00
65,000.00
319,000.00
Ill, 000. 00
58,000.00
12, 000. 00
87,000.00
TotaJ. __ -----------------
6, 307, 000. 00
932,000.00
1936
Januarv ____ __ __
__ ______________
February______________________
March_________________________
a3r,, 000. 00
185,000.00
351,000.00
tf:f::::::::::::::::::::::::::
~t ~: gg
20,000.00
15,000.00
103,000.00
33,000.00
41,000.00
17,000.00
80,000.00
308, IJOO. 00
132,000.00
73,600.00
47,000.00
71,000.00
--------------------------------------------------------------------------------------
$8,000.00
$15,000.00
280,000.00
345,000.00
664,000.00
775,000.00
833,000.00
845, 000. 00
917,000.00
15,000.00
917,000.00
80,000.00
8.57, 000. 00
872,000.00
975,000.00
978,000.00
979,000.00
691,000.00
746,000.00
l, 054, 000. 00
1, 186, 000. 00
1, 269, 500. 00
l, 306, 500. 00
l, 337, 500. 00
-- -- ------ -------30,000.00
40,000.00
1une_ _______ ___________________
186,500.00
305,000.00
1uly ____________________________
140,000.00
25,000.00
August ___________ -------------- ------- ----- -----September_____________________
• 292,600.00
October________________________
252, 500. 00
November_____________________
20,000.00
December______________________
39, 000. 00
40,000.00
- 500.
- -00- , - - - - - Total_ ___________________ 1 • 2,610,
940,500.00
520,000.00
1,337,600.00
i======i======1°======i======
Bee lootnotes at end or table.
---------------------·-----------·-------·--------·-
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71
REPORT OF RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursements, repayments, and amounts
ouutanding from Feb. fe, 193fe, to Sept. 30, 1937, inclusive, by classes and months 1 Continued
TABLE
1
TOTAL, SEC. 14 OF THE ACT APPROVED JUNE 19, 1934, AS AMENDED-Continued
Amount authorwid 1
Year and month
1937
Janoary____________________
- _--
Amount disbursed
Amount repaid
Amount outstanding at end
of period
37,000.00
19,000.00
148,000.00
30,000.00
March_---------_--------------
550,000.00
353,000 00
• 20,000.00
72,694.21
1, 344, 500. 00
1, 363, 500. 00
J, 438, 805. 711
Total, first quarter _______
• 923, 000. 00
204,000.00
102,694.21
1, 438, 805. 711
\.priJ___________________________
________ - -- ---- -- -- - --- - -- May
June ___________________________
343,000.00
64,000.00
100,000.00
110,000.00
125,000.00
286,000.00
Total, second quarter_____
/i07, 000. 00
·----·-··---------·-----
67,000.00
20,000.00
606,000.00
t'ebraary ______________________
- July
~ugust .. ______ . ---- •• _----- -- - "September _____________________
Total, third quarter ______
Grand total ______________
----------------20,000.00
60,000.00
1, 548, 805. 711
1, 653, 805. 711
1, 879, 805. 711
521,000.00
80,000.00
1, 879, 805. 711
30,000.00
109,000.00
131,000.00
I
30,000.00
25,000.00
20,000.00
1, 879, 805. 711
2, 053, 805. 711
2, 164, 805. 711
1
75,000.00
683,000.00
360,000.00
11, 030, 500. 00
2, 957, 500. 00
6 792,
694. 21
2, 164, 805. 711
2, 164, 805. 711
TOTAL, SEC. 16 OF THE ACT APPROVED IUNE 19, 1934, AS AMENDED
[Loan to a public-school authority for payment of teachers' salaries due prior to Iune 1, 1934]
I93f ____________________________ 1-_s_22,_500_,ooo_._oo-1 __s_22_,_300_,ooo
__· 00_ _ _s22_.300_._ooo_.00_1---------------- --.
1
Grand total______________
22,500,000.00
22,300,000.00
22,300,000.00 ------------------
TOTAL, ACT APPROVED AUG. 24, 1935
· {Loans to or for the benefit of tax-supported public-school districts, or other similar public-school authorities,
In charge of public schools]
1936
January________________________
FebTU11ry ______________________
April.__________________________
Jone___________________________
August_________________________
September_____________________
October________________________
December______________________
Total____________________
1937
{1:i,lll'Y-:::::::::::::::::::::::
Total, first quarter_______
$383,000.00
80,800.00
208,600.00
61,000.00
• 564,420, 47
257,000.00 _____________________________________________________ _
30,000.00 _____________________________________________________ _
181,000.00 _____________________________________________________ _
[------·[------
• 1, 766,720.47 __________________ ------------------ -----------------1======1======
15,500.00
153,000.00
$53,420.47 ------------------
$53,420.47
53,420.47
168,500.00
63,420.47 __________________
53,420.47
l======l======l•======I======
~n1Y·::-·----------------------- ________ 12, ooo. oo_
Total, second quarter._,._
53,420.47
75,920.47
·
72. 000. 00
22,500.00 __________________
75,920.47
l=====l=====l•=====I=====
~\~gusi:_::::::::::::::::::::::: ::::::::::::::::::
September_____________________
22,500.00 ------------------
1------·1------
5711. 53
15,500.00 ------------------
f~: ~~g~
(')
91. 420. 47
Ut
~:: ~
Total, third quarter______
579. 53
72,409.55
(')
148,420.02
Grand total ______________ l==2,=006=,=800=.=00=l•===14=8=,4=20=.=0=2:l=a===(,=)===l====l=48=,=420=.=0=2
See footnotes at end of table.
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72
REPORT OF RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorizations, disbursements, repayments, and amount8outstandingfrom Feb. 2, 1932, to Sept. :,o, 1937, inclusive, by classes and months'Continued
TABLE
TOTAL, ACT APPROVED MAY 20, 1936
[Loan to the Rural Electrification Administration)
Year and month
1936
October ••••.•...•..••...••••...
Total ..••.•••••••..••••..
Amount author•
ized •
$1, 000, 000. 00
Amount dis•
bursed
Amount repaid
Amount out•
standing at end
of period
$100. 000. 00 .....•••........•.
$100,000.00
- - - - - - --- ---- -·-•------l------·1, 000. 000. 00
1937
February...................... ..•...•.......•••.
March......................... ..................
100.000. 00
100. 000. 00
298,000.00 .........••••••••.
200,000.00 ...•....•.........
398,000.00
598,000 00
1-------1-------11-------1-------
Total, first qunrter....... ...... ............
498,000.00 .•..•.•.•... ......
598. 000. 00
1======1======1°======1=======
15, 000, 000. 00.
I,
~
June...........................
30,500,000.00
1,600,000.00 ..••.•••.......•••
4,000,000.00
fl~: Z28: ::::::::::::::::::
M;.~L. ............................
k ~: ~::
Total, second quarter....
45,500, ooo. 00
3,402,000 oo ............•.....
4,000,000.00
l======l======l,======I=======
July .....•....••••••..•......•••.•...•...•..•...•.
900,000. 00
$2,425.46
4, 897. 574. 54
August .....••.••........•.•.•...........•.•......
1,050,000.00
5,947,574.54
September ...•••.•.....•..••••......•.•...•.•...•
2,475,000.00
(1)
8, 422,574.54
Total, third quarter ..••..•........•........
4,425,000.00
' 2,425.46
8,422,574.54
Grand total.. .•••••••••••
8,425,000.00
• 2,425.46
8,422.574. 54
46, 500, 000. 00
1 Figures by months for 1932, 1933, and 1934 are shown for all classes In table 6 of the report for the fourth
quarter of 1936. Certain monthly figures for 1932, 1933, and 1934 have been revised since the report for the
fourth quarter of 1936. These revised figures are shown below:
.
TOTAL, SEC. 5, RECONSTRUCTION FINANCE CORPORATION ACT, AB AKENDED
1934:
Amount repaid
January ..•••••.•.•..•.•.•..........•.••.......•.•••.•.•.......•..•••••••••••••••••.•••• $84, 916, 603. 72
November............................................................................. 48,447,567.59
Amount outsta11ding
Amoufll ouutandit11
at end of period
1934:
at end of period
1934-Contlnued
January •••..........•••.•.••. $1,584,948,081.03
July ....•••.•..•••..•...•..•.• 1, 330, 779, 810. 60
February..................... 1,561,608,410.57
August .....••••.............• 1,291,973,457.09
March..... ....••••.•••.••••• 1,498,941,774.99
September.•••.•••.••..•.....• 1, m, 759, 313. 60
April......................... 1,465,649,079.43
October ....•••••...•...•.•••• 1,275,435,687.89
May.......................... 1,439,297,380.55
November ....••••....•.•.••.• 1, 285, 376, 797. 89
June.......................... 1,425,696,512.37
December •••••••••..••••••••• 1, 295, 860, 226. 73
BANKS AND TRUST COMPANIES
[Under sec. 5 of the Reconstruction Finance Corporation Act, as amended)
1932:
Amount authorlud 1933-Contlnued
ApriL........................ $151,953,931.93
March..••..••••••.•••...••• ·June..........................
218,911,560.56
April. •.....••••••.•••....••••
October......................
21,727,702.58
May .•..•..•...••..•.....•••••
December....................
50,756,363.83
June ...............•••••••••••
July ...................•..••••
1933: March......................
94,393,748.61
August. ...........•••••••••••
1932:
Amount disbur,ed
September••••....•....••.••• _
May......................... $108,042,844.29
October ••....•......•.....•••
June..........................
150,860,147.93
November ••• : ... _ ........•••
July.. .•...•••............•..
104,165,085.80
December •.•.•.••.....•.....•
September....................
27,292,650.02
November....................
20, 349, 217. 99 1934:
December....................
42,886,401.99
January •.....•••••.••••.•.•••
1933:
February ••.•••••...••......••
$43, 092, 790. 40
January··········-···········
March ••••............••••.•••
March ••••...•.•••••.•.•••••••
60, 600, 655. 93
April. ••.••••••.............•.
April. •....•••••..••..••.•••••
22, 548, 591. 40
May•••••...•....•...••...•..•
May •.•••.•••...••.•.•.......•
87, 797, 700. 34
June ••••..............••...•••
June.•.•••.......••....•.••.••
11, 959, 738. 64
July •.....• ····•···••••· ••••••
52, 384, 893. 98
August .•..........•.•..•...••
August •.........•••...••••. ·Amount repaid
1932:
Septem her ••••••••••••••••••••
$40, 309, 438. 66
October ..•......•.••••....•••
October ..•.••••••••••••••..••
21,
056,
562.
10
November
•••.....••••••••...•
December •••••••• ·-··-······.
1933:
December ••••.••••••••••...••
January ..•••..••.••••••••...•
26, 006, 313. 86
February ••.••••••..••••••••.•
20, 679, 628. 77
Digitized by
Google
Amount repaid
40, 732, 996. 0628, 405, 472. 95
37, 708, 101. 48
76, 060, 201. 44
G7, 834, 189. 96
36, 272, 67 4. 07
Zl, 477,571.07
30, 729, 084. 52
25, 369, 807. 11
46,087, 136. SC
62, 776, 918. 89
48, 884, 159. 47
51,863,303.58
50, 273, 545. 59·
42, 729, 875. 83
41, 056, 248. 79
31, 902, 234. 38:>li, 323, 499. 21
23, 232, 013. 58
2-1, 904, sos. n
32,682,138.66
34, 456, 758. 42:
REPORT OF RECONSTRUCTION FINANCE CORPORATION
73
6.-Amount of authorizations, disbursements, repayments, and amounts
outstanding from Feb. 2, 1932, to Sept. 30, 1937, inclusive, by classes and months 1Continued
TABLE
Footnote I-Continued.
BANKS AND TRUST COMPANIES-continued
Amount outstanding
Amount outstanding
at e'lld of period
1933-Contlnued
at end of period
1932:
May.•.••.....•.•••.•........• $318,467,351.67
September....................
672,292,116.80
June.•••...•••.•.•...•........
423, 980, 722. 97
October......................
656,593,491.52
July....••..•••........•.•••.•
499, 945, 063. 24
November....................
681,520,515.81
August. ...•••...•.•.•.•..•..•
546, 279, 908. 43
December....................
706,608,273.59
September••••.....•••.•••••••
533,158,967.43 1934:
October.••...•.•.••••...•....
J anuery•••.•.......•••••.•...
696, 002, 165. 11
573, 595, 786. 38
November .••.•.•............•
February.....•....•..•....•..
685, 924, 082. 39
.571, 478, 780. 65
December..•••.•...••.•.••.••
646,740,027.27
693, 308, 620. 54
March .•.•.•..................
1933:
616, 152, 936. 99
April. ...........•.......•..•.
January ..•.•••.•.••.•.•.•...•
601, 864, 545. 68
610, 395, 097. 08
May .••••..............•......
February•.•.••.•.....•..•....
586, 023, 127. 61
667,827,980.01
June .•••.•.•.•••.•............
March ••••.•.••..............•
687, 695, 639. 88
July....••.••••.....•••••..•.•
573, 975, 161. 01
April ........................ .
681, 838, 758. 33
August .•...•........•.•••••••
587,583,470.99
May••••.....•....•.••••..••.•
731,928,357. 19
September..•.............•..•
580, 119, 049. 98
June ••••.•.•...•••••••.•.....•
668, 827, 894. 39
575,996,293. 73
October.•••••.........•....•.•
667,047, 141. 17
591,310,656.23
November •••.........•••....•
July..••.. ·•••••·•·•·•·• •....•
August. ..••••.•.•.•••.•••••••
684, 159, 361. 08
December •.•................•
622, 672, 776. 69
INSURANCE COMPANIES
[Under sec. 5 or tbe Reconstruction Finance Corporation Act, as amended]
Amount repaid
1934: January.............................................................................. $4,897,081.31
Amount out,tanding
Amount out,ta'llding
1934:
at end of period
1934-Contlnued
at end of period
July ....•...............•........ $32, 523, 997. 06
· January ......................... $56,269,904.48
February........................ 54,059,261.22
August ........•................. 31,363,197.87
March........................... 51,554,331.78
September....•.•.....•.........• 30,532,240.03
April............................ 38,250,600.82
October .••.............•........ 29,852,301.13
May............................ 35,398,503.26
November....................... 29 249,814.31
June............................. 34,563, 298.,04
December....................... 24, 745, 456. 88
],(ORTGA.GE LOAN COMPANIES
:~~~:doo I
[Under sec. 5 or the Reconstruction Finance Corporation Act, as amended]
Amount
Amount
authorized
1932:
April .••••••.•.........•.••••...• $7
1932r;~~:~~~~·············••······ $2, 905, 102. 61
June .•.•••.••.......••••••••••.•• 57,700,000. 00 1933:
October ••••........•••••••.•.... 4,490,000.00
March•••.•.••...•..•.......•...• 8, 958, 300. 00
Amount
Amount
di&bur,ed
diaburaed
1933:
1932:
May .......••......••••••... · .•. $5, 327, 732. 43
January ..•...................••• $4,160,085.40
June •••••.....•...•••••...•..•.•• 53, 089, 756. 80
March ...•.....................•• 6, 608, 125. 25
1, 885, 470. 92
July ..•..••••••. ····••·• •...•.... 7, 783 487. 32
3, 000, :l>5. 21
877,724.48
2, 095, 220. 34
June .....••.....................• 46,272,567.68
December...•......••..••....•.• 2, 836, 622. 27
August •••••...................•• 7, 166, 816. 411
~:/·:::::::::::::::::::::::::::
~J>v1::::l;:::::: :: ::::::: :: ::::: ::
Amount
I
repaid
1934:
1932:
·January..•••.•.........•.•.....•
October •••••••••.•••••••..•••..• $2,026,861, 11
2,937,373.12
February•........•••.•...•....••
December •••••••.•.•.•••..••••.•
March ...•.............••.•..••..
1933:
April ...•••.....•....••.....•....
January ........................ . 1, 703, 741. 98
February •••••......•••••••..•.•• I, 688, 703. 60
May ••..••••...•.....•.•.•......
March ..•.•••..••...•••••••.••.••
June ••.•.•••....•••...•........••
767,253.20
July ...•.••.•...........•.•.....•
3, 598, 583. 68
August .•••••....••.•••••.•...•.•
950,941.69
June ••..•.• ; ••.•.•.••••••...•.•• I, 025, 662.. 24
September.••.......•...•.•.•...•
October •.••....•.••.•...•...•..•
1,883,
655.
71
July ......•••••..•.••••..•. •·••·•
November •••......•.••....•.•..•
A ~ t .... •••••••..••••.••••••••
3, 821, 723. 36
December
•••••..•......•••......
2,
345,
636.
56
September·-········ •••••...•...
October •••..••.••..•••••••...••• 4, 866, 377. 19
November•••••.•..•..•••.•.••..• I, 667, 491. 28
December •••••••••.•••••.•••..•. I, 485, 883. 94
tfa~l.: :::=::: =::::::::::::::::::
Amount
repaid
$4, 767, 294. 311
12, 731,140.311
7,075,288. 9o
3, 476, 926. 16
5, 323, 203. 94
4, 952, 270. 77
12, 062, 544, 72
25, 769, 479. 82
4,136,814. 95
3,322,476.27
4, 425, 695. 13
4, 465, 620. 01
Amount outstanding
end of period
Amount outttandlng
1933:
al
1932:
at tnd of period
January........................
May........................... 14,214,852.91
February.......................
June............................ 66, 950, 632. 76
March..........................
July............................ 73,183,694.26
April...........................
August•• ·-····················· 74,941,714.33
May...........................
September...................... 76, 531, 253. 91
June............................
October........................ 77,726,974.16
July............................
November .................. -... 78,504,562.16
August.........................
December...................... 78,403,811.31
Digitized by
80,860,154.73
Ill, 202,893.73
117,043,765.78
115,330,653.02
115,257,435.81
160,504,341.25
160,053,089.18
163,398,182.22
Google
74
REPORT OF RECONSTRUCTION FINANCE CORPORATION
6.-Amount of authorization, disbursement, repayments, and amounts
outstanding from Feb. 2, 1932, to Sept. 30, 1937, inclusive, by classes and months 1Continued
TABLE
Footnote • -Continued.
MORTGAGE LOAN fOMPANIE&-contlnued
Amoum ouutandi119
1934-Contlnued.
at tnd of period
May ..•...........••..•.•..••.. $195,190.689. 79
June............................ 195,838.292. 51
July............................ 188,407,048.91
Auvust. ............••••....•••• 165,445.463. 2ft
September...................... 164. 129,098.30
183, 695, 461. 12
October........................ 162, 732, 007. 43
Iii, 980. 68.5. 97
November...................... 159,536,307.45
165,664,950.56
D•cember...................... 163,601,196.46
191,918, 750. 11
Amount out,tandi71!1
at end of period
1933-Continued.
September......................
October_.......................
November......................
December......................
1934:
January........................
February.......................
March..........................
April...........................
$162,315,485.64
161,004,411.91
165,007,300.00
182, 6il, 645. 47
TOTAL, ACT APPROVED MAR. 9, 1933,
..1.8 AMENDED
[Loans on and subscriptions for preferred stock, and purcbnses of capital notes or debentures. of banks and
trust companies]
Amount
au.thOTiud
1934: November .•••........................•...••••••.•••••••..•••••••.....••••.•.•••••••.• $9,768,000.00
LOANS ON PREFERRED STOCK OF BANKS AND TRUST COMPANIES
[Under the act approved Mar. 9, 1933, as amended)
Amount
authorized
Amount diabur1td
1933: June ..••••••.•...•...•.•........ $3,250,000.00 1933: June .••.•••••••.•.•..••.•.••••• $5,960,000.00
1933:
A mount outstanding
at end of period
Amount ouutandiflf
1934-Continued.
at tnd of period
A,f,ril............................ $9,590,391.22
1'. ay.... •••••. •. •. . • •. . .••. .• .•• 11, 965, 973. 91
June............................ 12,277,023.76
, July............................. 12, 884, 285. 76
August.......................... 13, 113, 256. 61
September ••.•.....•..••...•.••• 13,396,760.10
October......................... 13, 763, 416. 06
November...................... 13,857,200.11
7, 833, 300. 00
December....................... 14, 034, 436. Ba
8, 146, 888. 89
9,081, 740. 72
June............................. $6,205,315.00
July............................. 6,245,315.00
August.......................... 6, 762, 815. 00
September....................... 6, 838, 765. 00
October......................... 6,881,835.00
November....................... 6, 860, 340. 00
December....................... 7, 689, 425. 00
1934:
January......•...•••...•...•....
February ....................... .
March ......................... .
SUBSCRIPTIONS FOR PREFERRED STO!:K OF BANKS AND TRUST COKPANIKS
[Under the act approved Mar. 9, 1933, as amended)
1933: June .••.•••.•••••..•••••••.•-:.~
1934: November.....................
'u8,852,000.00
'. 93ti::rJ.'~ 11933: June•••••••••••••••••••••••••":.m~~~~~~
0
Amount outstanding
Amount outatandln,
1933:
at end of period
1934-Con tinned.
at tnd of period
June •.•.•••••••••••••••••••••••• $37,058,000.00
April. .•....••••••••••••••••••••• $481, 807,191.67
July .•..••••.••••••••.•••••••.••• 45,203,000.00
May............................ 421, 408. 946. 67
August.......................... 61,863,000.00
June •.••.••....•.•••...••••••••• 508,036,801. DZ
September...................... 55,563,000.00
July .•...•...••.•••.•.•.••••••••• 525,710,174.42
August •••••••.••.•...•••.••••••• 542, 700, 055. 24
October......................... 58,478,000.00
November....................... 63, 351, 500. 00
September ••••••••••••.••••••••• 555,158,686.90
October ..••••••••••••••.•••••••• 568, 261>, 441. 90
December ....••.......•.•••••••• 140,366,616.67
1934:
November....................... 576, 973, 544. 40
January ..••••..••••••••.•••••••• 235,011,116.67
December ••••••••••••••••••••••• 690,813, 783. 40
February ..•.••••••••••.••••••••• 264, 894, 116. 67
March ...•••••••••.••••••••••••• 362, 853, 506. 67
TOTAL, SEC. 36 TITLE II, OF THE EMERGENCY FARM MORTGAGE ACT OF 11133, AS
AMENDED
.
[Drainage, levee, Irrigation, and similar districts, etc.]
1934:
Amount authori1ed 1934-Contlnued.
Amount authoriud
January......................... $8,552,349.01
July............................. $4,522, 199. 17
February........................ 3,480,267.47
August ••.••••.•••••••••••••••• s.
783,302.14
March........................... 5,051,082.40
September...................... 6,007,834.94
April............................
483, 367. 22
November ..••••••••••• ~......... 8,572,638.64
May. • •• . • • • . . . • • • • . . . . • .. . . •. • • 5, 650, 894. 33
December....................... 1, 1117, 646. 61
June............................. 7, 182, 406. 65
1 These figures have been adjusted on account of rescissions.
a Includes $193,618,000 representing refinancing of Joans previously· made by the Corporation to Federal
land banks for different Individual amounts, but In the same aggregate amount.
• Revised.
a Exclusive of repayments unallocated, pending advices, as of Sept. 30, 1937.
• Includes authorizations of $1,457,248,664.99 to the Commodity Credit Corporation, of which $664,421,
353.18,was disbursed and $661,060,328.71 was repaid.
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~..---~ ·-'!.
\ '.
TABL E
7.-
·,.
'
:-.
~~-~
··c
·.- ..i
r.i
~:~ ..
panies from F e b. 2, 1992, to S e pt. SO, 1937 , inclusive,
Loans to aid in the reorganization or liquidatton of closed banks and tru ti t conithrough
-mortgage loan companie s to aid in the reorg an-
~,
by States (includes loan& to receiver&, liquidating agents, and conservators, and loans
and loans on the assets of
or liquidation of closed banks, under sec. 5 of the Reconstruction Finance Corporation Act, as amended;
ization
amended)
closed banks and trust companies under sec. 5e of the Reconstruction Finance Corporation Act, as
~
~
BANKS AND TRUST COMPANIES
0
All others
National'
State
0
cg:
;;a·
(1)
0.
~
CJ
0
~.......
(v
Amount au•
thorized
Amount with·
drawn or
canceled
Amount dis·
bursed
Amount au•
thorized
Amount with•
drawn or
canceled
$5,107,812. 46
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, 564, 788. 72
293, 443. 90
2,951.70
675,234.48
$2,404, 544. 57
130,301. 73
4,850, 760. 11
3,073,237.54
68,548.30
2, 655, 765. 52
2, 034, 933. 06
2, 605, 262. 42
2, 463,007. 54
1,098, 168. 76
512,602.31
395,877.53
7, 790,798.49
3,374,615. 84
1, 686, 286. 22
2,561,473.52
18,102,063.06
2,370,467. 20
956,326.95
1,999,089. 75
76,386.34
815,824.20
395,864.39
30,597.69
4,514,574.59
34,996.50
7,168,496.1 5
4, 619, 964. 84
12,247.68
37, 156,795.45
3, 564, 930. 51
6, 332, 531. 24
871, 757. 16
835,911.29
29, 224, 619. 23
28, 484, 160. 66
8, 582, 737. 78
22,871,674.80
33,852,909.61
759,632.80
3, 662, 232. 99
7,462,460. 58
499,613.66
1,645,101.87
1,446,409.80
460,402.31
4, 069, 425. 41
378,477.04
9, 893, 873. 39
3, 461, 786. 64
39,831.62
171,013,677. 73
$790, 897. 80
$382, 402. 20
Alabama .................. .. $1, 173, 300. 00
149,400.00
62,000.00
217,000.00
Arizona ...............•.. ...
1, 428, 948. 71
318,801.29
1, 785, 200. 00
Arkansas . .............•..•. .
11,093,301.62
37
2,832,093.
71
484.
948,
13,
.
California..•..........•..•.
1,428,930. 57
439,019.63
1, 867, 950. 20
Colorado...... ......... _.. _.
Connecticut. .•......•... .... ---------------- ---------------- ---------------13, 217, 692. 96 ------ ------- --2, 129, 748. 39
District of Columbia ........ 16, 300, 241. 35
4,957,072.27
1, 145, 796. 18
720,503.82
1, 866, 300. 00
Florida ••...........•.. .•....
4, 662, 195. 48
309,168.55
204,631.45
513,800.00
Georgia . ...... ..............
27
193.
264,
3,
364,206.73
00
400.
628,
3,
.....
---------------Idaho ......•...........
30,008,964.86
28, 110, 413. 27
8, 918, 119. 69
Illinois .......•.. ··-·-·· ··· -- 37,466,212.96
0, 044, 975. 85
16,334,478.27
4, 358, 361. 65
Indiana. ... _•.... ~ __ ......... 21, 040, 426. 87
7, 430, 700. 00
9, 056, 438. 94
2, 307, 563. 26
Iowa ......•. ..... . .......•.. 11,401,002. 20
1,411,000.00
40
655.
630,
1,
621,267.40
00
700.
2, 285,
Kansas ...... •.. ..... .•..... •
1,231,788.82
6, 470, 903. 55
1, 666, 768. 86
8,956,572.41
Kentucky ...... .... .........
47,145,307.67
105,000.00
00
230,000.
336,300.00
Louisiana. ......•....•.•.... .
31, 858, 776. 50
10, 981, 264. 68
649,535.32
Maine ........•.••.•... ..... 11, 778, 200. 00
10, 269, 024. 00
2, 855, 560. 69
578,075.59
3, 499, 036. 28
Maryland ...•.•............ .
25,468,148.32
6, 974, 462. 98
2, 382, 837. 02
9,375,700.00
Massachusetts .......•.•....
59, 649, 902. 43
39
143.
455,
213,
20
45,509,422.
Michigan ..........•.••••• .. 259,151 ,043. 68
3,130,100.00
2, 027, 654. 61
552,692.52
2,589,247. 13
Minnesota. .......•.•••.•.•.•
4,618,559. 94
00
600.
297,
2,
00
567,400.
2, 902, 400. 00
Mississippi. ..•.......•... . ..
9,582,227. 37
5,654,741.32
2, 304, 158. 68
7,971,500.00
Missouri. .....•............ .
576,000.00
337,500.00
115,700.00
465,200.00
Montana......•.•......... ..
2,507,078.69
1,087,707.97
355,418.61
1,518,126.58
Nebraska •.• _•.• _...••......
1,977,364.19
677,500.00
80,000.00
905,000.00
Nevada ........•......•.. ...
500,000.00
New Bamsphire .....•.••... ---------------- --------------- - ----- --- -------9, 234, 000. 00
16, 953, 141. 76
6, 172, 995. 56
New Jersey . . ... .. .........• 23,705,489.91
413,473.54
39,200.00
25,800.00
65,000.00
New Mexico .............•..
17,062,369.54
35, 800, 505. 29
5,918, l&'i. 78
New York .........•....... . 44, 133,062. 09
8,081,751.48
5,159,707.89
192.11
790,
1,
00
900.
949,
6,
-·---·
North Carolina. ······
52,079.30
1,61 6,882.54
917, 382.14
2, 589, 264. 68
North Dakota •.•.••.•......
10, 733, 034. 80 253, 880, 592. 50
3, 240, 929. 27
Ohio ••. •.•.••..•.•.•.•••. •.• 14,022, 664. 07
~
Total
Amount dis•
bursed
----------- -------------------1,931,663. 79
3, 024, 308. 48
------------------------------19,032,949.44
10, 836, 255. 42
Amount authorized
$6,281,112.46
464,500.00
lQ, 272, 818. 44
17,315,166.15
1, 939, 450. 20
3, 331, 000. 00
16,300,241.35
6, 823, 372. 27
5,175,995, 48
3, 628, 400. 00
67,475,177.82
27,085,402. 72
18,831,702.20
3, 696, 700. 00
10, 188, 361. 23
47,481,607.07
43, 636, 976. 50
13,768,060. 28
34, 843, 848. 32
318, 801, 036. 11
5,719,347.13
7,520,959.94
17,553,727.37
1,041,200.00
4, 025, 205. 27
2,882,364.19
500,000.00
32, 939, 489. 91
478,473.54
61, 195, 431. 63
15, 031, 651. 48
2,641,343.98
267,903,256.57
Amount with•
drawn or
canceled
$3, 085, 670. 09
179,198.27
3, 883, 590. 01
3, 125, 537. 27
441,971.33
675,234.48
2, 129, 748. 39
3,744,812. 30
2, 239, 564. 51
364,206. 73
19,754,375. 11
6, 821, 369. 19
3, 405, 732. 02
1,133,869. 71
2, 062, 640. 39
8, 020, 798. 49
4,024, 151. 10
2, 264, 361. 81
4, 944, 310:54
63, 611, 485. 26
2, 923, 159. 72
1, 523, 726. 95
4, 303, 248. 43
192,086.34
1,171,242.81
475,864.39
39,597.69
10,687,570. 15
60,796.50
13, 086, 681. 93
6, 410, 156. 95
929,629.82
40, 397, 724. 72
Amount disbursed
$3, 195, 442. 37
279,701.73
6, 279, 714. 82
14, 166. 539. 16
1,497,478.87
2, 655, 765. 52
13, 217, 692. 96
3,077,459. 97
2, 914, 430. 97
3, 264, 193. 27
47,143,362. 71
19, 899, 408. 78
15,388,970.18
2, 502, 412. 56
7, 306, 814. 84
29, 329, 619. 23
39, 465, 425. 34
11,438,298.47
29, 846, 137. 78
247,308,053.00
2,787,287.41
5, 959, 832. 99
13,117,201.90
R37, 113. 66
2, 732, 809. 84
2, 123, 999. 80
460,402.31
21,022,567.17
417,677.04
45, 694, 378. 68
8, 621,494. 53
1,656, 714. 16
181, 746, 712. 53
0
l:ij
~
0
0
zrn
8
~
Cl
0
8
1-t
0
z
l:ij
1-t
z~0
t:rJ
0
0
~
~
~
~
~
1-t
-..:r
01
7.-Loaf&8 to aid in the reorganization or liquidation of closed banks and trust companies from Feb. 2, 1932, to Sept. 30, 193'7, inclusive, '-l
by States (includes loans to receivers, liquidating agents, and conservators, and loans through mortgage loan companies to aid in the reorgan- 0:,
ization 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
ij
~
BANKS AND TRUST COMPANIES-Continued
National I
All others
Total
Amount with•
drawn or
canceled
Amount dis•
bursed
Amount au•
thorized
Amount with·
drawn or
canceled
Amount dis•
hursed
2, 970, 800. 00
80, 641, 284. 97
$992,548.39
389,367.84
19,976,857.26
$1, 268, 754. 76
2,521,032.16
58,269,040. 37
1, 295, 184. 30
16, 761, 143. 68
5, 966, 434. 14
39,500.00
1, 349, 800. 00
2, 199, 700. 00
9, 255, 369. 82
8,187,884.16
7, 045, 721. 08
270,820.91
971,879. 72
989,446.55
4,500.00
284,800.71
368,134.96
1, 061, 411. 79
812,693.37
1,587, 366. 26
1, 000, 313. 39
15, 703, 663. 96
4, 947, 279. 64
35,000.00
1, 064, 999. 29
1, 787, 365. 04
8, 193, 958. 03
6, 964, 990. 79
5, 408, 954. 82
$769, 918. 00
733,920.25
48, 303, 479. 65
1, 255, 841. 54
2, 264, 763. 16
1, 143, 161. 00
1, 492, 875. 64
6, 933, 607. 27
4, 388, 776. 52
$438, 320. 34
235,022.55
24, 239, 936. 17
248,409.55
263,153.31
715,909.97
539,733. 70
803,137.19
2, 391, 822. 86
$331,597.66
498,897. 70
24, 063, 543. 48
1,007,431.99
2, 001, 609. 85
368,167. 73
953,141.94
6,130,470.08
1, 996, 953. 66
Total. •••.•••••••••••• 659, 033, 530. 56
125,712,152.67
State
Amount au•
thorized
Oklahoma .....•...•••...•••
Oregon..............••••....
Pennsylvania ....•.....•....
Rhode Island ..••.•..•.•••..
South Carolina •••.••....••..
South Dakota.•....•...•..•.
Tennessee.........••••••.•..
Texas •...•...•...•••••••••..
Utah .•.•.....•••.•.•.....•..
$2, 261, 303. 15
Amount au•
thorized
Amount with•
drawn or
canceled
Amount dis•
bursed
~
:
0
0
cg:
N.
~r::ii~~::::::::::::::::::::
Washington ...•.••.••.•.....
West Virginla ..•.•.•.•••••..
Wisconsin •..••......•...•..
Wyoming .•...•.•...........
Puerto Rico ....•............
(1)
Q_
~
CJ
0
~
~
1
---------------------------------------------3,858,567. 77
6,651, 680. 14
1, 286, 112. 37
---------------- ------------ --- ------------------------------- ---------------- ----------------
Includes District or Columbia banks and trust companies.
522, 211, 747. 03
---------------------------------------------5, 320, 500. 00
911,883.25
4,408,616. 75
10,314,516. 19
4,717,256.00
6, 632, 006. 05
185,500.00
1,485,000.00
658, 306, 776. 36
1,653,154.05
2, 048, 867. 28
4, 618, 539. 98
185,500.00
8,661,362. 14
2, 668, 388. 72
2,013,466.07
160,691,297.12
431, 270, 935. 31
------------------------------- ----------------
$3,031,221.15
3, 704, 720. 25
128,944,764.62
1, 255, 841. 54
8,916,443.30
2, 438, 345. 30
18,254,019.32
12,900,041.41
4, 428, 276. 52
1, 349, 800 00
7, 520, 200. 00
19,569,886.01
12,905, 140. 16
13,677, 727. 13
185,500.00
1, 485, 000. 00
1,317,340,306.92
$1, 430, 868. 73
624,390.39
44,216,793.43
248,409.55
1, 549, 265. 68
986,730.88
1,511,613.42
1,792,583. 74
2, 396, 322. 86
284,800.71
1,280,018.21
2, 714, 565. 84
2,861,560.65
6, 205, 906. 24
185,500.00
$1, 600, 352. 42
3,019,929. 86
82, 332, 583. 85
1,007,431.99
5,860,177.62
1,368,481.12
16, 656, 805. 90
11,077, 749. 72
2,031,953.66
1,064,999.29
6,195,981. 79
16, 855, 320. 17
9, 633, 379. 51
7, 422, 420. 89
0
z
!
....
~
l2j
....
~
- -------- - ---- ----------------- ---------------~
286, 403, 449. 79
953, 482, 682. 34
l.;J
0
~
~
~
~
r
77
REPORT ·OF RECONSTRUCTION FINANCE CORPORATION
8.- Loans on and purchases of preferred stock, and purchases of capital notes
or debentures, of banks and trust companies, disbursed from Mar. 9, 1933, to
Sept. 30, 1937, inclusive; and outstanding as of Sept. 30, 1937 (under sec. 304,
title III, of the act approved Mar . 9, 1933, as amended)
TABLE
B ANKS AND TRUST COMPANIES-TOTAL
Disbursed
State
Number of
banks and
trust com•
panies 1
Alabama... ___________________________ _
Arizona__________ _____________________ _
Arkansas __ _______ ____________________ _
70
5
113
121
56
39
11
7
40
86
24
219
281
139
198
112
111
31
65
67
183
257
148
219
57
148
4
9
205
19
476
132
128
387
46
53
286
4
35
119
121
403
41
55
132
94
90
California_____________________________ _
Colorado____ ________ _________ - --- -- - --Connecticut_ _____ ____________________ _
Delaware ___________ _______________ ___ _
District of Columbia __________________ _
Florida ___________ ____________ ________ _
Georgia __ _________ ________ ___________ __
~iis:::::::::::::::::::::::::::::::::
Indiana ____ _____________________ ______ _
Iowa __ ______ _____ _____ ________________ _
Kansas_ ----·---- ---- --- ------- --------
;:1~--------------------·- ····-··
~§{~~:::::::::::::::::::::::::
Maryland.·-·-· · ---. --· ·-. _. ___ - --- ....
Montana .•. ..... .... _._ .. ·-··--········
l[;r:••••••••••••••••••••••
4Wl
23
1
3
1
Total
Subscriptions for preferred stock or: "
Exp0rt•Impor t B ank of Washington. ·· -·· ··- ····-· · ·--· -· -- ··· ···
Second Export•Import B a nk of
Washington, D . C· ···· --- --·-····
Grand totaL_ . -···-· ·-·-·- ·· ·· ··
ij,
076
6,078
Amount
$15,853,575.00
2, 430, 000. 00
4,419,000.00
48, 502, 425. 00
4, 893, 500. 00
7, 192, 126. 00
567,300.00
2, 900, 000. 00
2, 176, 200. 00
4, 835, 500. 00
2, 130, 000. 00
90,591, 114. 17
16,741,250. 00
10, 248, 000. 00
5,272,750.00
8, 879, 850. 00
15,512, 000.00
9, 125, 500. 00
9, 078, 170. 00
16,674,200. 00
40, 624, 66!. 00
17, 322, 025. 00
14,283,150.00
20, 751,125. 00
4, 030, 500. 00
8, 266, 050. 00
205,000.00
751,635. 00
73,972, 016.07
715,000.00
307,875,605. 83
7, 463, 500. 00
4, 004, 500. 00
92,122,237. 00
10, 934, 000. 00
I, 950,000.00
45, 995, 096. 50
898,500.00
2,771,800.00
4, 438, 100. 00
12,559,050.00
31, 1;14, 125. 00
3, 995, 000. 00
15, 795,000. 00
10, 694, 650. 00 ·
61 064, 500. 00
6.; 411, 066. 66
33, 147, 100. Q()
1, 367, 500. 00
37,500.00
I, 250, 000. 00
125,000. 00
I, 059, 967,453. 23
Outstanding
Number of
banks and
trust com•
panies 1
53
3
97
80
53
38
10
7
39
73
22
170
246
118
178
103
87
29
62
46
161
192
138
194
42
123
3
5
193
17
340
113
114
310
37
35
254
4
33
99
114
334
33
53
120
77
78
347
17
Amount•
$10, 219, 822. 27
1,348,402.39
3,667,238.96
29, 024, 800. 92
3, 018, 650. 00
6,251, 25!. 36
322,300.00
2, 342, 200. 00
l, 634, 918. 63
3, 269, 28!. 26
l, 783, 650. 00
45,214,446.05
11,627,765.00
6,551,335.00
4,337,749.07
6, 698, 370. 00
8, 255, 690. 00
6, 658, 80!. 79
7, 483, 669. 70
10,081, 119. 16
32, 063, 724. 69
9, 441, 460. 26
7, 883, 092. 45
8, 176, 018. 65
2, 293, 021. 66
5, 125, 672. 05
103,000.00
241, 135.00
64,751,361.08
623,425.00
67,067,917.31
6, 106~285. 42
2, 935, 925. 00
58,961,254.88
3,607,111.00
l, 090, 800. 00
37,774,482.99
728,750.00
2, 040, 200. 00
3, 091, 604. 50
11, 405, 425. 00
21,428,484. 7Z
2, 384, 361. 43
15, 368, 950. 00
7, 516, ,327. 50
3, i1.4, 225. 00
4, 417, 569. 36
25\ 819, 973. 04
990,548. 60
-- --- ----- -- 2-- ---- -----450,000.
---- ----00
l
122,750.00
5,097
577,076,318.15
20, 000, 000. 00
20, 000, 000. 00
2, 500, 000. 00
------ ---- --- - ------------------
], 082, 467,453.23
5,098
597,076,318.15 .
Se<! lootnotcs at end of table.
Digitized by
Google
78
REPORT OF RECONSTRUCTION FINANCE CORPORATION
8.-Loans on and purchases of preferred stock, and purchaMJs. of capital note,
or debentures, of banks and trust companies, disbursed from Mar. 9, 1933, to
Sept. so; 1937, inclusive; and outstanding as of Sept. SO, 1937 (under sec. 304,
title III, of the act approved Mar. 9, 1933, as amended)-Continued
TABLE
BANKS AND TRUST COMPANIES-NATIONAL•
Outstanding
Disbursed
State
Alabama ..• . ...•..••• . •.. .• ............
Arizona •..• •...•..•••••....••.. . ..... ..
Arkansas ...•.....•.•.••..•........... . .
C alifornia •• .......... ••••..............
Colorado ..... . .. . ....•.•.••.. ....... . ..
Connecticut •...•....•..••...•.••.......
b elaware . ............•.......•........
lJistrict of Columbia ......... •.•...•....
F lorida ....•. •. •.......•••..•.. ..... ....
Georgia ....••.......••••.••••...• .•... .
Idabo . . .....•........••••••••.••..•.•. .
Illinois .•..•••......... ...•.. ..••.......
Indiana ... ..... ... ......•••....••......
Iowa •......••••.. ....... .•.•••••..... ..
Kansas .... . ...•.•.......... •...........
Kentucky .....•....................... Louisiana . .. ••...• ........ . .•..........
M aine .......••..•.......... •.....•..• .
M aryland ....••..... ... ......•.........
M assachusetts . .... ....... . . •. .. .... ...
M ichigan .....•.. ... .. ...... . ..•.••....
M innesota . • . ................ . .. . •...• .
Mississippi.. ..•...... ... ...............
Missouri. .•.......... . ............ . ....
Montana . .... . .••.••... ..........•...•.
Nebraska .. ... ........ . .. . ......... . .. .
Nevada .•..................... . .... . .. .
New Hampshire ..... ................ . .
New Jersey .....•......... .. ...........
New Mexico ........•. .... . .... . .......
New York ........ ..• . •. .. ........ . ....
North Carolina ...••................ ...
North Dakota......•... . . .. ...... .. . . ..
Ohio ..• .•••..........................•.
Oklahoma........•..•...... .......... •.
Oregon ..•••.. ... ..•••...... . ....... . .. _
Pennsylvania .... ...••• . . . .. . ..........
Rhode Island .......•. .. ...............
South Carolina ......•.......•..........
South Dakota . .. ..................... . .
Tennessee . ...... ........•.•............
Texas .•.•......... . .. •.• .•.....•.•.....
Utah . •.... . •.........•.•...•••.•. •.....
Vermont .••.............•••.• .......•..
Virginia ....••............••.•..•.••....
Washington .. ......... .....•...•..... ..
West Virginia ......... ......... ... . . .. .
Wisconsin ..................... . .. . .... .
Wyoming ............ .. ....... ...•.....
Alaska .......... .... .. ........ ... ..... .
Virgin Islands. .................. ... ..•.
TotaL ....•....••.........• . . . •. .
N umber or
banks and
t rust com•
panies 1
Amount
62
32
16
4
2
13
18
9
128
51
47
46
29
15
13
13
43
52
97
15
30
20
49
3
8
135
6
239
18
31
83
40
20
200
3
6
27
27
147
8
9
36
23
35
56
10
1
1
$10,996,800.00
1, 540, 000. 00
l. 570, 000. 00
19,899,925.00
4, 118,500.00
3, 723, 426. 00
137,300. 00
1,100,000. 00
I, 330, 000. 00
I, 722, 500. 00
1, 090, 000. 00
83,720,114. 17
7, 188,500.00
6,447,500.00
2, 282, 500. 00
3, 397, 350. 00
4, 400, 000. 00
2, 610, 000. 00
2, 728. 170. 00
10, 723, 200. 00
20, 400, 160. 00
13, 547,525. 00
2, 652, 650. 00
8,517,125.00
1,511,000.00
5, 8:'4, 950. 00
175, 000.00
651,635. 00
29, 449, 435. 82
410,000. 00
127, 860,605. 83
1, 905, 000. 00
2, 410, 500. 00
35, 300, 737. 00
10, 874, 000. 00
890,000. 00
20, 678, 736. 50
648,500.00
1, 505, 000. 00
2, 954, 100. 00
8, 062, 500. 00
23, 371, 625. 00
1, 325, 000. 00
560,000.00
3,917,400.00
2,740,000.00
3, 395, 066. 66
15, 195, 100. 00
702, 500. 00
37,500.00
125,000.00
2,029
518, 334, 136. 98
26
3
24
Number or
banks and
trust com•
panies 1
19
28
46
6
$6, 370, 073. 00
1, 323, 440. 00
1, 220, 975. 00
15, Z'l:7, 259. 25
2, 256, 150. 00
3, 327, 640. 50
130,300. 00
992,600. 00
881,500. 00
1, 083, 375. 00
926,300. 00
40, 788, 621. 05
3, 559, 015. 00
3, 500, 950. 00
I, 853, 750. 00
2, 303, 075. 00
3, 510, 700. 00
1,472,525. 00
2, 121,457. :al
6, 331, 182. 90
15, 399, 593. 69
7, 100,399. 36
2, 345, 243. 70
2, 372, 845. 00
900. 471. 66
3, 746, 750. 00
74,000. 00
141, 135. 00
25, 880, 380. 46
347,800. 00
21, 665, 592. 31
1, 121,750. 00
1, 480, 525. 00
20, 453, 479. 88
3, 549, 236. 00
205,600. 00
14, 605, 004. 17
480,000. 00
1, 350, 250. 00
2, 088, 604. 50
7,168.250. 00
15, 584, 776. 05
944,311. 43
428, 250. 00
1, 706, 215. 00
2,014,250.00
1, 909, 244. 36
11, 872, 973. 04
399,615. 66
1,648
266, 640, 186. 07
15
2
16
42
29
15
4
2
12
14
8
106
39
39
42
25
13
11
11
26
45
67
15
22
15
43
2
4
125
6
188
17
23
68
31
8
174
3
5
22
24
127
7
8
28
------ --- ----- -------- 122,750.
-- -- - --- 00
--
See footnotes at end or table.
Digitized by
Amount•
Google
REPORT OF RECONSTRUCTION FINANCE CORPORATION
,;:
/:
i·
1,1
79
8.-Loans on and purchases of preferred stock, and purchases of capi tal notes
or debentures , of banks and trust companies, disbursed from M ar. 9, 1933, to
Sept. 30, 1937, inclusive; and outstanding as of Sept. 30, 1937 (under sec. 304,
title III, of the act approved Mar. 9, 1933, as a mended)-Continued
TABLE
BANKS AND TRU ST C OM PAN IES-STATE MEMBER•
Outstanding
D isbursed
State
, Alabama •••••••••••••••• ••••• •••• •• -· ••
Arizona ...... ....•....•••.•.•..• •......
Arkansas••••..•. •...•.•.•.• ••.•.• ••. •• •
California ...•. ••.. •••.• •••••••.••. •••. .
Colorado . ••.. •. . •.•. ..•..•.••••..• •• •.•
District of Columbia . •••••• •.•...•. ....
Florida.••.....•••.• . ••..••..•...• . •.•• .
Georgia .........• •. •. . ..•.•.... •....•. .
Idaho ••..•. .....•••.•.... .•..•• ••....••
Dlinois •...•.•..•..•.. .•...•..•.•. •. . .. .
Indiana ••••..... ••. • ••.•..•.. -. .. •.•• . .
Iowa .. ... ... . . ............. .......... . .
Kansas ... ..... . . . ... ... . . . . . ..... _.... .
Kentucky •..•.••••.••...•. • . . ..... .... .
Louisiana •..•••.••..•••.•.... .... .•. .. .
Maine .• . .•..••.••..•..•....... .•...•.•
Maryland •....••. •. •..•..• •.•. . . ..• .• ..
MIIS.58Chusetts . • . •.••.•.• •.. • . •...•• . ••
~~~:'1ta:: :::::::::::::::::::::::::::
Misoouri . . ••...••.•.•......... . . . •. .•..
Montana .••.•.. •. . . . ..•. . ........ . . ....
Nebraska •. .•... . •.•..•. . . ..• . . .... • •. .
New l ersey . .•.•..•.••.. . . . • •..•.......
New Mexico ••.•.•••. •. .•.... . ... .•. . ..
New York .. . ...••.....•.... ....•......
North Carolina •••........... ........••
Ohio. . ••.... ....•.••..•. . ••. . ... .. _•. . .
Oklahoma ....•.• .•.•••••.....•• •••. . •..
Onigoo.......••.• •. •..•... •.•••. . . • . ...
Pennsylvania . •...••......• . •.. ...... •.
South Dakota . ..•. ..••....•..•.... . ....
Tennessee •.•••.•••. •.•....... •. .. . •• . •.
&~:iiii:i :=:=:=:=::
Total .•.••••••.•••....•.••.• •.•. .
Num ber of
banks and
trust com•
panies •
Amount
4
1
5
$3, 502, 100. 00
2
7
4
15
7
5
6
5
5
2
4
8
38
4
26
8
3
27
2
78
3
37
I
3
16
4
2
21
12
4
16
5
14
3
840,000.00
730,000.00
15, 500, 000. 00
200,000. 00
1, 000, 000. 00
275, 000. 00
I , 160,000. 00
810,000. 00
2, 550, 000. 00
1,555, 000.00
I , 170,000.00
172,500. 00
2, 27 5, 000. 00
2, 800, 000. 00
2, 150. 000. 00
2, 300, 000. 00
3. 376. 000. 00
12. 328, 921. 00
63,000.00
8, 365, 000. 00
1,607, 500. 00
15 1. 700. 00
20, 680, 905. 25
32,500. 00
134, 890, 000. 00
1, 700, 000. 00
37, 162,500. Cl()
10, 000. 00
65,000. 00
10, 056, 300. 00
155,000.00
225,000.00
520,000. 00
1, 590, 000. 00
2, 27 5, 000. 00
2, 010, 000. 00
655, 000. 00
2, 862, 500. 00
80,000. 00
414
279, 851, 486. 25
5
I
I
Number of
ban ks and
t rust com•
panies 1
4
Amoun t•
$2, 986, 018. 07
--------------------- 610,000.
---------00
5
4
5
2
25
2
45
3
27
1
3
15
4
2
17
JO
2
8
4
13
2
3,520, 000. 00
200,000. 00
581, 600. 00
214,864.38
592. 000. 00
63 1,000.00
I , 989, 975. 00
1, 341. 000. 00
946,000.00
134,700.00
I , 402,500.00
1, 870,875. 00
877, 500.00
I , 964,875.00
1, 493,811. 26
9, 722. 221. 00
21,700. 00
2, 575, 700. 00
864,750.00
69,1 85. 55
15, 556, 522. 87
30,500.00
26, 435, 67 5. 00
1, 680, 000. 00
23,387,500.00
8,000.00
39,000. 00
8, 801,810.67
153, 500. 00
215, 000. 00
334,450. 00
982,450. 00
I , 823, 380. 00
45 1, 750. 00
395,000. 00
2, 682, 800. 00
53,232. 94
315
117, 640, 846. 74
34
I
76
34
23
2~
6
4
$863,730.30
24,962. 39
1, 836. 263. 96
10, 277, 54 !. 67
562,500. 00
2, 923, 610. 86
192, 000.00
768,000. 00
538,554. 25
1, 593, 906. 26
226,350.00
2, 435, 850. 00
6, 727, 750. 00
2, 104, 385. 00
2, 349, 299. 07
2, 992, 795. 00
2, 874, 115. 00
4, 308, 776. 79
3,397,337.50
2, 256, 125. 00
6, 941,910. 00
2,319.360. 90
5,537,848. 75
1
1
2
5
3
13
7
5
4
4
4
2
4
4
32
I
20
B AN K S AND TRUST COM P ANIES- N ONMEMBER•
Alabama ....••....••••••.•..•..•.... . . •
Arizona . . •... •.. • • • •••• •..... . . . .•.... .
40
I
84
54
~~'-:::::::::::::::::::::::::::
F istrict of Columbia . •... ..•..• •.••..•.
23
23
7
4
25
61
11
76
223
87
146
78
91
16
48
16
93
l .'i6
133
$1,354,675. 00
50,000.00
2, 119,000.00
13, 102. 500. 00
575,000.00
3, 468, 700. 00
430,000. 00
800, 000. 00
571,200.00
I, 953, 000. 00
230, 000. 00
4,32 1,000. 00
7, 9!17, 750. 00
2, 630, 500. 00
2,8 17, 750.00
3,207,500. 00
8,3 12,000. 00
4, 365, 500. 00
4, 050, 000. 00
2, 575, 000. 00
7, 895, 580. 00
3,711 , 500.00
11, 630, 500. 00
Bee footnotes at end of table.
Digitized by
Google
25
54
11
51
200
74
132
74
70
16
47
16
84
124
123
80
REP ORT OF RECONSTRUCTION FINANCE CORPORATION
8.-Loans on and purchases of preferred stock , and purchases of capi tal notes
or debentu res, of banks and trust companies, disbursed from Mar.J9, 1933, t<>
Sept. 30 , 1937, inclusive; and <>Utstanding as of S ept. 30, 1937 (und er sec. 304,
title I I I , of the act approved M ar. · 9 , 1933, as amended)- Continued
T A BLE
BANKS AND TR UST CO MPAN IE S- NON MEMBER •- Continued
Disbursed
State
N umber of
banks and
trust com•
panies
Missouri . ••. . ..• •• ... . ..•... . ....... . ..
Montana .•...........•... . ... . ........ .
Nebraska .. . ........ . .............. . .. .
Nevada ... ..... ... ...... .. ... ..... ... . .
New Hampshire . .... . . . ...... .• ... . ...
New Jersey . .•......... .. •.....•••. •. . .
New Mexico ......... . .....•.. . .... ....
New York ..... ........... . ...... .... . .
North Carolina ................... .... .
North Dako ta ..... . .... . •.. .. . ... . •.. ..
Ohio .........•.... . ...... . •.. . ....•... .
Oklahoma .......... . ......... .. . ..... . .
Oregon ....... ..... .. . . ..... .. .... . . . .. .
Pennsylvania . . ..... ....•... . ...... . ...
Rhode Island ...... . . . . ... ... . .•.. . ....
South Caroli na ...... ... ..... . ......... .
Sout h D akota .. ... •....... . •. .. . . .. ....
T ennessee .. .... . . .... . . ... . ........... .
T exas ...•.......... .. . . •••. . . •..••.....
Utah .•..... . . . . .... . .. . •..... . ...... . ..
Vermont ........ . . ... •. .... . . . .........
Virginia ............ . . .... . ... .. . ...... .
Washington ........ ....... . . ....•••....
~f;~~!t~'.~::::::::::::::::::::::::::
Wyoming ..... •....... . ...... . ......•. •
Puerto Rico.. .• ... . . . .. . .......... •....
T otal . . .. .. ... ... . . .... . ........ .
Subscriptions for preferred stock of:
E xport-Import Bank of Washington . .................. .. .•. .......
Second E xport·l mport Bank of
Washington, D. C •. .. ......•....
Grand total. .•.... . . •. •... ..... ..
Outstanding
Number of
banks and
trust com•
panies 1
Amount
1
163
29
96
I
I
43
II
159
Ill
97
267
5
30
70
l
29
88
92
235
21
46
92
55
50
332
JO
3
$3, 869, 000. 00
912,000.00
2, 279, 400. 00
30,000.00
100,000.00
23,84 1, 675.00
272,500. 00
45, 125, 000. 00
3, 858, 500. 00
1,594 , 000. 00
19, 659, 000. 00
50,000.00
9115,000.00
15,260,000.00
250, 000.00
1,266, 800. 00
1,329,000. 00
4, 271, 550. 00
7, 232, 500.00
1, 080, 000. 00
15, 235, 000. 00
4, 502, 250. 00
1,314,500.00
2, 361,000.00
15, 080, 500. 00
5S5, 000. 00
I, 250,000. 00
3, 633
261,781,830.00
.Amount 1
$3, 227, 473. 6"
527,800. 00
1, 309, 736. 50
29,000. 00
1()0, 000. 08
23,314,457. 7f>
245, 125.00
18, 966, 650. 00
3, 304, 535. 42
I, 455, 400. 00
15, 120,275.00
49,875.00
84.6, 200. 00
14,367,668. If>
248,750. 00
689, 950. 00
152
22
78
I
I
43
9
107
93
91
215
5
24
65
I
28
849,500.00
73
88
4,022, 175. 00
5, 509, 258. 67
190
16
45
90
50
46
2
457, 600.00
14, 940, 700. 00
3, 986, 732. 50
808,225.00
2, 113, 325. 00
11, 264, 200. 00
537, 700.00
450,000. 00
3, 134
192, 795, 285. 34
288
9
20, 000, 000. 00
20, 000, 000. 00
------------ -- -- --- -- ---- - -- -- . 1- - - - - -1- - - -- - -·r- - - - - -r· -- -- · -- 2, 500, 000. 00
3,635
2S4, 28 1, 830.00
3,135
212, 795,285.34
1 After eliminating d uplications. Such duplicat ions arise in cases where the Corporation makes disbursements to a bank or trust compan y under more than one of the classifi cations under sec. 304, title III, of the
act approved Mar. 9, 1933, as amended.
·
. 'Amou nt outstanding includes repayments u nallocated, pending advices, as of Sept. 30, 1937.
• Where changes in the status of ban ks have occurred between the date of authorization and Sept. 30.
1937 (for example, where a bank has changed from nonmember to State member), such banks are distributed
in the above table according to their status on Sept. 3L, 1937.
9.-L<>ans authorized (and commitments outstanding as of Sept. 30, 1937)
to indu strial or commercial bu siness u nder sec. 5d of the Rec<>nstruction Fi nance
C<>rp<>ration Act, as amended (including purchases of participati ons, and a greements to purchase participations, in loans), by si ze of l<>ans, fr om J une 19, 1934;
to S ept. 30 , 1937, inclusive
T A B LE
Size of loans
Number of Percent of
loans
total
Amount
authorized
Percent of
tote.I
$5,000 and under . .. . ... ...... . . . ....... ....... .. . . .
$5,001 to U0,000, inclusive ....... . .. . . . . . . ... . . ... . .
$ 10,001 to $25,000, inclusive . .. . . . . . • ••. . ...•.•.... . •
$25,00 1 to $50,000. inclusive . .... . . .. . . . . ......•......
$50,001 to $ 100,000, inclusive . . •...... . .. .... ... .. . . .
$100,001 to $200,000, inclusive_ . .. . .. .• . . ...•.... .. . .
$200,001 to $500,000, inclusive . .. ..•. . . .. .• ••. . . . . . . .
Ovor $500,000 .... . ..... . . . . . . . . .. . ...... .. . ... . . . .. .
432
390
505
459
354
190
129
30
17. 4
15. 7
20. 3
18. 4
14. 2
7. 6
5. 2
l. 2
$1, 405, 107. ~5
3,260, 66 1. 14
9, 359, 026. 92
18, 165, 456. 27
27, 76.1, 125. 47
29, 14.2, 976. 82
42,200.234. 00
42, 70J, 768. 65
0. 8
I. 9
5. 4
10. 4
16. 0
16. 7
24. 3
24. 5
Total. .• . ..• •••••••••• • •• ••• •. • ••. •. •••••. . ..
2,489
100. 0
174, 000,356.62
100. 0
Digitized by
Google
81
REPORT OF RECONSTRUCTION FINANCE CORPORATION
10.-Loans authorized (and commitments outstanding as of Sept. 30, 1937)
to industrial or commercial business under sec. 5d of the Reconstruction Finance
Corporation Act, as amended (including purchases of participations, and agreements to purchase participations, in loans), by. industries, from June 19, 1934, to
Sept. 30, 1937, inclusive
TABLE
Industry
Number
of bor•
rowers 1
Percent
of total
35
53
I. 6
2.4
$1, 369, 710. 00
2, 592, 004. 9t
0.8
1.5
48
33
21
26
146
2. I
1.1
1.5
.9
I. 2
2.1
I, 674,420.16
912,000.00
~98, 100. 00
1, 134, OOU. 00
1,041,533.33
2 I, 505, 350. 00
1.0
.5
.5
•7
.6
.8
286
12. 9
11,117,118.43
6.4
39
13
30
1. 7
.6
1. 4
1. 2
2.0
.9
I. I
.3
1. 4
6, 856, 683. 33
252,000.00
7,563,750.00
4, 839, 500. 00
2,927,500.00
6, 913. 500. 00
I, 322,750.00
400,450.00
190,500.00
I, 67 5, 250. 00
3.9
.1
4.3
2.8
I. 7
4.0
.8
.2
.I
1. 0
255
ii.Ii
32, 961, 883. 33
18. 9
~
3.2
3.8
1.3
4.3
,4
.8
.4
11, 854, 250. 00
29
95
10
17
•8
6.8
2. 7
• 315
14. 2
13
1 38
.6
1. 7
I
• 51
55
Manufacturing:
Food and kindred products:
Dairy protiucts.....•..........•.....•....••.•....
Meat and poultry packing ...................... .
Canning, preserving, packing (fish, fruit, vegeta•
bles) .......................................... .
Bread and Lakeries..•.•..........................
Flour milling .•..•.....•..........................
Confectionery .••. : ...•.•.........................
Animal feeds ••••...•.............................
All other .•..•......•.••••••.•.............•.•....
24
Tote.I, food products ..•..••....•.•.•...•.•.....
Textiles and their products:
Cotton goods.....................................
Cotton small we.res...............................
Woo!en goods....................................
Silk and rayon goods.............................
Knit goods, hosiery..............................
Dyeinl? and finishing.............................
Men's clothing and furnishin~s...................
Women's clothing and furnishings................
Upholstering material, draperies..................
All other..................... . . . . • . . . . . . . . . . . . . . .
I
Z1
45
19
21
24
7
30
.
2
.9
Percent
of total
f..----1
Totlll, textile products.........................
Lumber and timber products:
~~re:::::::::::::::~::::::::::::::::::::::
Wooden containers...............................
Mlllwork, se.shJ doors, etc........................
Cooperage, ana cooperage stock..................
Wooden turned products.........................
All other.........................................
4,680,flOO. 00
!, 483. 200. 00
5, 395, 2fi3. 81
430,800.00
865,200.00
I 193,500.00
.9
3.1
.2
.5
.I
1----1----·l-------i----
Tote.l, lumber and timber products.............
Paper and allied prodncts:
Containers (boxes, etc.)..........................
All
Amount au•
thorized
other............. ·...........................
Tote.l, paper and llllled products...............
Printing and allied products:
Book and Job printing............................
Engraving, lithographing, etc....................
All other.........................................
Tote.1, printing and allied prodncts.............
Chemical and allied products:
Paints. varnishes, and allied products............
Fertilizers........................................
All other.........................................
TOte.i, t'hemlce.l and allied products............
Rubber products-total..............................
Leather and Its manufactures:
Tanning and flnlshing ....••••.•..••...••.•••••...
Leather goods (luggage, handbags, etc.) ....•.•...
· Boots and shoes ...•••........................•...
All other ....... · ................................ .
• 24, 002, 803. 81
14. 3
170,500.00
15, 213, 350. 00
.1
8. 7
2.3
' 15, 383, 850. 00
8.8
2. 5
----1----·1------1----
13
16
.6
.7
1, 299, 2!,0. 00
1, 019, 200. 00
181,000.00
.7
.6
•I
84
3.8
2, 499, 450. 00
1.4
19
9
33
.9
.4
1.5
983,500.00
691,500.00
1, 132, 700. 00
.6
.4
.6
17
.8
I, 546, 000. 00
.9
11
.6
.4
.8
.4
417,000.00
705. 000. 00
I, 374,500.00
123,095.32
.2
----1----·1------1----
----1----•1------1---2.8
61
2, 807, 700. 00
l.6
8
19
8
.4
.8
.1
'----l•------1
Tote.I. leather manufactures ... _._ ..•...•••...•.
46
2.1
2, 619, 595. 32
Stone, clay, and glass products:
Stone, granite, slate, etc.•.•.....•......••..•..•.•
Sand, gravel. ...•......•..••••..•••.•......••.•••
Brick and tile, etc................••••....•...•..•
Concrete products_ ........•.•.•.••••.••.••.••...•
Limestone products. .......•••...•..••••...••••••
See footnotes at end or table.
39
13
60
10
13
I. 8
.6
2. 7
.4
.6
I, 874,000. 00
I, 018, 100. 00
3,685,374. 74
526,000.00
I, 930, 500. 00
=
32187-38-6
Digitized by
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1.5
1.1
.6
2.1
.3
1.1
82
RE~ORT OF RECONSTRUCTION FINANCE CORPORATION
TABLE 10.-Loans authorized (and commitments outstanding
a8 of Sept. 30, 1937)
to industrial or commercial business under sec. 5d of the Reconstruction FinanCJj
Corporation Act, as amended (including purchases of participations, and agree•
ments to purchase participations., in loans), by industries, from June 19, 1934, to
Sept. 30, 1937, inclusive-Continued
Industry
Number
of bor•
rowers I
Percent
or total
13
14
15
177
0.6
.6
.7
8.0
$1, 4(11, liOO. 00
0,8
,6
1, 003, 600.' 00
1, 000, 80(). 00
.6
12,544,874. 74 ---i-.2
141
42
12
21
1.9
1. 9
.5
.9
.9
1.0
7.1
2, 870, 200. 00
2, 537, 100. 00
J. 562, 500. 00
2, 506, 400. 00
I 1,390,515.00
• 3, 901, 983. 34
14, 768, 698. 34
Manufacturing-Continued.
Stone, clay, and glass products-Continued.
Glass products ...••......•............•.••.•...•.
Pottery ...•...............•.•.•...•.••••.•.•.•.••
Ali other ..•....•.................•.•..•.••.....•.
Total, stone, clay, and glass products •••.•......
Iron, steel, and their products (e>.cluding machinery):
Foundry products (castings, forgings, etc.) ....•..
Structura and ornamental iron and steel.. .......
Pipe and fittings ......•......•......•............
Stoves, ranges, furnaces_-------------------------
Hardware, plumbing, and supplies....•...•... _.
I 19
All other •....................................•..·
'23
Total, iron and steel and products •.•••••.•••••. ~
Amount au•
thorized
1, 122, 500. 00
.6
2,371,800. 00
1. 4
2, 205, 000. 00
1. 3,
5, 699, 300. 00 ---3-.3
=
=
1. 7
1.5
.9
1.4
.8
2.2
8.5
I
Nonferrous metals and their products:
Metal >1lloys and products (brass, bronze, etc.) •••
31
1. 4
Metal stampings, stamped and enamel ware ..•.•
I. 4
30
29
1. 3
All other.....•........... ·..•••..•......••·······
---90Total, nonferrous metals and their products••••
4.,1
Machinery (excluding transportation equipment):
A11,rlcultural implements ...•................••...
.4
10
Electrical mac.hlnery, apperatus, and supplies ••..
Zl
1. 2
General machinery and equipment •••..••..•...•.
Zl
1. 2
Machine tools •.........•...•.....•.••.•......••..
.9
20
Pumps and pumping equipment..........•......
.4
8
All other •.....•......•....••.......•.....•.••..•.
52
~
Total, machinery ..•..••••••••.••••.•••.•••••••
6.5
144
Transportation equipment (automobile oocessorles,
etc.)-total..•.....••.•••.•••.••••••••••••••..••• ~••
43
Wholesale and retail trade:
Whowsale trade:
Food products ...•.•..•..•••••••••.•......•..•••.
30
Hardware, paints, etc .••.••.•..••.•••.•.•••.•.••.
16
Petroleum products..•.....••..•.•....•••..••.•.•
14
Grain and feed, fuel, ice, etc.•.•••..•••••.••••••••
18
Building materials .•••.....••••••••••••..••••..•.
'22
123
All other.•.•.•••.•.•••..•••.••••••••••••.•••.••.•
Total. wholesale trade•••••••••••••••••••••••••• ~
Retail trade:
Fooo. products ...••••••••.••••....••........•.•.•
12
Hardware, paints. etc .•.•.....•............••••..
8
Depertment stores .••••.•.•.••..•.......•..••....
13
21
g~~:r:lo~~~··············· •·•·•··• •.••....•.•••
9
Auto sales, service stations ..•••••••.••••••••...•.
28
Grain and feed, fuel, ice, etc .•.••.•.•.•.••••••••.•
32
11
Building materials.-'•··-··-······················
Furniture ..•.....••.•••.••••••..•......•..••..•••
9
Apparel storll5 •..•••••••••.•••.•••.•....•..•.••••.
9
117
All other.......•••.••••••••.••••••..•...•.....•.•
Total, retail trade••••••••••••••.•••••••••••••••
169
All other:
Mining:•
Coal. ........••.••••.••••••••••.••...•..••.•.•••.
29
All other.•••.•••••••.•.••••••..•...••.•.•.•..•••.
11
Total, mining ••.•••.•••.•••••••..•..••••••••••.
40
Percent
of total
650,000.00
.4
2, 316, 900. 00
}, 575,850. 00
934,500.00
1.3
.9
538,000.00
6, 586, 873. 43
12, 602, l,23. 43
.4
3.8
7.3
1.9
5, 320, 500. 00
3.1
1.4
492,100.00
.3
.2
.3
.3
.4
.3
1,8
=
.7
.6
.8
1.0
1.0
6.5
.5
370,300.00
448,600.00
615,300.00
1 682, 500. 00
I 448, 000. 00
2 3, OS6, 800. 00
.6
.4
.6
.9
=
.4
.8
7.6
43,950.00
78,660.00
2, 391, 000. 00
100,905.00
39,900.00
248,660.69
802,760.00
160,600.00
337; 968. 74
69,400.00
• 297,562.86
4, 5111, 247. 29
1.3
.5
1.8
6, 565, 976. 60
3.8
1, 985, 500. 00
1.1
8,561,476. liO ---4.-g
.4
1.3
1.4
.6
.4
1.4
.1
.1
.5
.1
.2
.2
2. 5
Laundries, dry cleaning...:total •.•.••••••••••••.•••••••
43
1. 9
. 1, 024, 600. 7I
Contracting, etc.-total ••••....·•.•••••.•.•.••..•••••.
36
1.6
1, 369, 800. 00
.8
79
3.6
10,682,634. 72
6.1
2,217
100.0
174, 000, 356..62
100.0
Not classified-total.. •••••••.••••.•.••..........•....
Grand total •••.•••••••••.•••.....•..•••..'•••..••.•.
I
I
.6
1 Number of borrowers represents the number of applicants to whom loans ha.ve been authorized or commitments made.
• Revised.
1 Excludes mining loans authorbed under sec. 14 of the act approved lune 19, 1934, as amended.
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83
REPORT OF RECONSTRUCTION FINANCE CORPORATION
11.-Loana on self•liquidating projects, by types of project (under sec. 201 (a),
Title II, of the Emergency Relief and Construction Act of 1932, as amended) from
February 2, 1932, to Sept. 30, 1937, inclusive
TABLE
BRIDGES
Number of Number of Amount author• Amount withloans au- borrowers
drawn or canized
thorized
celed
Public •.•••• _•• _••• _•••••••••
Private •.••••••••••••••••.• _.
11
5
g
6
$99, 049, 579. 80
1, 729, 930. 78
$2, 680, 000. 00
415,000.00
Total. .•.••••••••••••••
16
14
100, 779, 5 JO. 58
3, 095, ()()0. 00
Amount disbursed
$86, 105, 842. 06
1,314,930. 78
87, 42J,
n2. 84
COLLEGE BUILDINGS
Public ••.••••••••••.•••••.••• ,
91
$3, 031. 155. 71
91
I $1, 708. 000. \JO I
$1, 323, 155. 71
DOCKS AND TERMINALS
.Public_ ••.•••••••••••••••••••
1'rivate·-··········-·········
2
3
2
3
$325,000.00
1, 793, 691. 47
$50,000.00
1, 100, 000. 00
$275, 000. 00
693,691.47
Totsl __ ••••••.•.•••••••
6
5
2,118,691.47
1, 150, 000. 00
968,691.47
1----·1------1-------1·-----1--DRAINAGE AND IRRIGATION
Publlc ••••• -•• ·-·············
Private......................
11
10
3
$9,339,000.00
1, 330, 000. 00
$2, 188, 400. 00
330,000.00
$7, 030, 600. 00
3
Total..................
H
13
10, 669, 000. 00
2, 618, 400. 00
7,905, 600. 00
876,000.00
HOUSING (LOW COST)
l'rivate.••••• ••·•••••••·•••••
I
3
I
$12, 187.
31
ooo. oo
I $3. 957, 000. oo I
$8, 214, 000. 00
MARKETS
.Private••••••••••••••••••••••
9
$2. 215, 915. 38
$1, 441, 307. 571
$774, 607. 81
$24, 665, 964. 371
$1, 764, 694. 371
$22, 901, 270. 00
91
POWER
.Public•••••••••••••••••••••••
61
61
PUBLIC AND SEMIPUBLIC BUILDINGS
Publlc •••••••••••••••••.••••• 1
61
61
$3. 906, 600. 00
I
oo
I
$53, 000. oo
I
oo
I
$3, 853, 600. 00
SEWERS
Publlc.•••••••••••••••.•••••• 1
12
i
121
$2, 034, 300.
$1. 097, 300.
$937,
coo. 00
WATERWORKS•
.Public••.•••••••••••••••••••.
Private .•••••••••••••••••••.•
91
13
81
13
$227, 939, 859. 85
569,340.00
$9,007,374.00
4:14, I 40. 00
$138, 713, 485. 85
135,200.00
104
94
228, 509, 199. 85
9,441,514.00
138, 848, 685. 85
---------·•----Total••••.••••••••••••.
1
Includes water districts.
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84
REPORT OF RECONSTRUCTION FINANCE CORPORATION
IL-Loans on self-liquidating projects, by types of project (under sec. 201 (a),
Title II, of the Emergency Relief and Construction Act of 1932, as amended) from.
February 2, 1932, to Sept. 30, 1937, inclusive--Continued
TABLE
ALL OTHER
Number or Number or
loans an- borrowers
thorizcd
Amount authorized
Amount with•
drawn or canceled
Amount dis•
bursed
Public. ______________________
Private ______________________
5
1
5
1
$4,614,000. 00
4, 486, 250. 00
$200, 777. 20
4, 486, 250. 00
TotsJ.. ________________
6
6
9, 100, 250. 00
4, 687, 027. 20
4, 413, 222. 80
$4, 413, 222. 80
-- ------ -- ------
CtRAND TOTAL
Public. _____________________ _
Private _____________________ _
152
37
139
37
$374,905,359. 73
24,312,127.63
$18,749,545.57
12,163,697.57
$265,553,076.42
12,007,430.06
Total. _____________ ----
189
176
399,217,487.36
30,913,243. 14
2:17, 560,506.48
12.-Number of borrowers and amounts of loans aU,J,horized under sec. 5 or
the Reconstruction Finance Corporation Act, as amended (1), from Feb. 2, 1932, to
Sept. 30, 1937, inclusive, by size of cit~es or towns
TABLE
BANKS AND TRUST COMPANIES
Borrowers
Population of cities or towns in which borrowers are
located
Under 5,000. __________________________________________ _
5,000 to 9.999. _________________________________________ _
10,000 to 24,999. ________________ -----------------------25,000 to 49,999. _______________________________________ _
50,ooo to 119,999. _______________________________________ _
100,000 to 199,999. __________________________________ ---200,000 to 499,999. _____________________________________ _
500,000 to 999,999. ____________________ -----------------1,000,000 and over_--------- - --------------------------Total. __________________________________________ _
Authorizations
Percent
of total
5,154
591
542
255
212
167
106
188
70.0
8.0
7.4
3.5
2.9
2.3
1.4
2.0
2.5
$329, 680, 984. 15
128, 113, 113. 00
195,383, 381. 52
146,528,115.41
287, 323, 767. 08
225, 039, 845. 00
251,476,053. 13
481, 169, 562. 80
470, 318, 426. 51
7.8
5.8
11. 4
9.0
10.0
19.1
18. 7
7,361
100.0
2, 515, 033, 250. 00
100.0
146
Amount
TOTAL, SEC. 5 OF THE RECONSTRUCTION FINANCE CORPORATION ACT,
AMENDED!
Under 5,000____________________________________________
5,000 to 9,999___________________________________________
10,000 to 24,999. ____ ________ __ __ __ __ ____ __ __ __ __________
25,000 to 49,999__ __________ _____________ ___ ___ __ ____ ____
50,000 to 99,999. _____________ ___ __ ________ ____ ____ __ __ __
100,000 to 199,999. __ ______ ____ ____ ____ _____ _______ ____ __
200,000 to 499,999 _________________________ ---------- ____
500,000 to 999,999_ ___________ ____ ___ __ ___ _______ ___ _____
1,000,000 and over______________________________________
TotaL •• -------------------------------------- __
Percent
Number
5,468
702
745
428
390
285
371
319
312
60. 6
7.8
8. 3
4. 7
4. 3
3. 2
4. 1
3. 5
3. 5
of total
13.1
5. 1
AS
$366,396,991.88
140,844,326.92
229,473,381.61
185,368,073.52
354,302,511.57
285,710,638.53
453,383,276.69
664,958,493.67
681,294,378.85
10. 9
4. 2
6. 8
5. 5
10. 5
8. 5
13. 5
19. 8
20. 3
100. O 3,361,732,073.24
100. O
----,-----1-------r---9,020
1 Exclusive of railroads, regional agricultural credit corporations, Federal land banks, and Federal intermediate credit banks.
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85
REPORT OF RECONSTRUCTION FINANCE CORPORATION
13.-Names and compensation of directors, officers, and employees of the
Reconstruction Finance Corporation receiving from the corporation more than $400
per month, as of Sept. 30, 1937
"TABLE
W ABHINGTON OFFICE
Name
Salary per
month
Title
Jones, Jesse H....... .•.. ..•..••••. ... . .•. ... .. Chairman...............................••.•
Henderson, Charles B......................... Director •••..•....•••·•.....•.............•..
Klossner, Howard J. .•.•..•........................do .••..•......••.......•..••..•.........
Merriam, C. B ...........•.•. ..•.....•............. do ••••.•.•.•.....•..••...•.••...........
Schram, Emll .........•..•..••...•.•..••.....•••••. do .••.............•..••........•.......•
·Taber, Frederic H .••.•.•••.•.•••.•.••......•••..••• do .•.....•.................•...•.....•.•
Talley, Lynn P .••.••••..•.•••••..•........... Assistant to the directors .•.•...•............
Cooksey, George R............................ Secretary .••..•............•........•......•
Mulligan, H. A............................... Treasurer ......•............................
Hamilton, Clande E., Jr ••.•..••...•••.•...•.. General counsel. ..................•.........
·Clay, Cassiua M .............................. Assistant general counsel. •................•.
Dougherty, J. L ..•••.•...•••.....•.....•.•....••..• do ....................................•.
Durr, C. J ••••••••.••••••••••••.•••••••••.•••••.•••. do .••••..........•...............•.....•
Snodgr8$s, Russell L . .............................. do ..•......................••...........
Corcoran, Thomas G.......................... Special counsel. ...........•...............•.
Fitts, William C •••••....•.•••.••..••••........••.. do ....................•..•..............
Johnson, Ben•.• _............................. Special assistant. •............••..........••
Lindquist, R. J. ...••.•.••.................... Chief auditor .•..................•..•.......
Barriger, J. W., ill....•....................... 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............................... Special examiner ....••...•..••.......•......
Kilbourn, Jonathan F •.••••••..• .••••••. •••. .. Examiner ................•.•.......•.•.•.•.•
·Taylor, R. J.~................................. Assistant Chief, Agency Division .......••..
McGrath, M. 1. ••••••••••••.•................ Assistant Chief, Examining Division....... .
Herson, James F .............................. Administrative assistant_ •...........•...•..
Costello, W. C ••••.•..••••••••.....•...•...••• Assistant to the Chairman .•....•...........
Griffin, D. B ••..••.•••.•••.••.•.......••••.••• Assistant treasurer •.......•...••....••......
Thralls, Jerome............................... Special representative .....••........•.......
Johnson, W. J ••••••••••••••••••••••••••••••••• Assistant Chief, Examining Division....... .
Mar11ela, C. Howard•••..••...•.••..••.•.....••••.. do ..•.•.......••••••.••••.•.•••.•..•.....
Rlbenack, W. C •••.•.•..••••••••...•••••.•••.•••••• do.••.•...•....•••...••..•..•..•..•••....
·Stroud, W. E .••••.••.••••••••....••.•.•.•.•..•.•.. do .........•.•.•••••••..•...•••..••••.•..
Macartney, Morton........................... Chief engineer ..•...........................
Keenan, Frank J•••••••••••.••••••..••.•...••• Chief, Drainage, Levee and Irrigation Divi•
slon.
Snlllvan, WDllam W .......................... Examiner •.•.••••.•.•.••.•.•.••.••..•.•..••.
Satterfield, W. R............................ .. Counsel. .••••.••.••••••••••••••.•....••••••.
Allen, Ronald H.............................. Assistant secretary..••.••.••..•.•...••.•.••.
Wilson, J. C................................... Assistant Chief, Examining Division •••.••..
Xnehl, Frank W.............................. Counsel.. ........••.••.••.•.•••••••.•.•.•••.
Hobson, Alfred T ••••••••••••••••••••.•••.•.•. Assistant secretary .•••••••••.•••••••••••••.•
Sullivan, Harry L............................. Assistant treasurer .•.•.•..••..••••.••.••.•••
Shaver, Clem •••••••••••.•••••••••••••••••..•. Special assistant to the directors....•.•.•••..
Kelley, Jerome T .•••••••.•.•••••••••••.••.•... Assistant treasurer ••••••••••...•••••.•.•••.•
Unzicker, Willard E ••••.•••••••••..•••••...•.••..• do ...•.•.•.•...•...••..•.. _............ .
-Chadduck, Harry W ••••.•.•••••••.•••••••..•. Administrative assistant, Agency Division •.
Parks, Thom11,9 E •••••••••••••••.•.•••.••••...••... do .........•.•.....•..••................
Elliott, David C ••••••••••••••••.•••••••..••.. Chief, Statistical and Economic Division •.••
Parrish, Joel R................................ Assistant Chief, Examining Division.•.•....
~•i8AW::::::::::::::::::::::::::::::::: . Ex~lner:::::::::::::::::::::::::::::::::::
i~:·:J::~r'l::::::::::::::::::::::::::::: :: ===~~:::: ::::::::::::::::::::::::::::::::::
Dodds, Chauncey Y ••.••••••••••••••••••••••. Chief examiner, Drainage, Levee and Irriga•
Moore, Milton K .......•.............•...... ....... do .•••...•••••....•....•.•.....•.•......
tlon Division.
Wright, Charles M............................ Counsel. ......•..•..••••••.•.•.....•..•••...
Grantham, J. P. ••.•••••••••••••••••••••.•..•. Assistant chief auditor .••..•....•...........
Miller, M. E.................................. Examiner .••.............•.••... ·.•.......•.
Hoyt, James A................................ Assistant to Mr. Merriam ••••.•.........•..
~~.~CH ••••••••••••.•••••••••••••••.••. Spe~~ representative .•.••••••••••..•...•.•.
Watson, William P •••••••••••••••••••••••••••• Examiner ...•.•......•••••••••••..•••••••••.
Smith, Charles A.............................. Assistant chief auditor •••••••••••••.•.••••••
=.a-F!t~~~d ••••••..•••••••••••.••.•••••. Ex~iner •..•••••••••••••••••••••.•••.•••.••
Johnson, L. E •••••••.••••.•••••••••••••••.••••••••. do .•...•.•...........•.•.•••••••.•....••
Knarr, M. W ........................·......... Assistant to the secretary ••••••••••••••••.•.
Young, R. D •.•••••••••••••••••••••••••••••••• Administrative assistant ••.••.•••••••••.••••
Armistead, Robert P •••.••...•••.••••..••.•••• Examiner ••••••••.•••.••••••••.••.•.•.•••.•.
Boggs, Verner •••••••••••••••••••••••••.•••••••••••• do .•.•••.•..•.•.•••••...•.•.•.........•.
s:~Jh~1: ·============================ =====~~=: :::::::: :: ==========================
1 On leave
N
of absence without pay.
Digitized by
$833. 33
833.33
833.33
I 8-13, 33
833. 33
833. 33
11,041.67
833.33
833.33
833. 33
833.33
833.33
833. 33
833. 33
833. 33
833.33
833. 33
833. 33
833. 33
833. 33
833. 33
833. 33
833. 33
833. 33
833. 33
800. 00
791.67
791. 67
750.00
750. 00
750. 00
708.33
708.33
708. 33
708. 33
708. 33
708.33
708. 33
708. 33
666. 67
666. 67
666.67
641.67
633. 33
625.00
625.00
625.00
625.00
625.00
625.00
I 625.00
625. 00
625.00
625. 00
625. 00
625.00
625.00
625.00
608.33
600. 00
583. 33
583. 33
583. 33
583. 33
566.67
566. 67
562. 50
562. 50
541. 67
541.67
541.67
541. 67
541. 67
541. 67
Google
86
REPORT OF RECONSTRUCTION FINANCE CORPORATION
13.-Names and compensation of directors, officers, and employees of the
Reconstruction Finance Corporation receiving from the corporation more than $400
per month, as of Sept. 30, 1937-Continued
TABLE
W ASHINOTON OFFICE-Continued
Name
Title
Howard, Ernest B __ ___ __ __ __ __ __________ _____ Examiner __________________________________ _
Jones, Ralph B _____________________________________ do _______ --------------------------·-·-Lewis, Charles B ___________________________________ do _____________________________________ _
Mielenz, Louis M. _________________________________ do __ ·---------------------------------·O'Bleness, E. J _____________________________________ do __________ ---------------------------·
Seabury, R. M _________ ... _________________________ do ____________________ ---------------·-·
Seeley, Harold J ________ •• __________________________ do ____________ ----------------------····
Stafford, Bayard c _________________________________ do _______________________ • _____________ _
Strong, Albert L- -·-····---------------------- _____ do __ ·----------·-···----·------·----··-·
Toole, J. E _______ ----------------------------- _____ do __ --------------------------------··-·
Wadden, Thomas A _____________________________ •• _do ___ ----------------------------------Ward, Maxwell ____________________________________ do __ ----------------------------------··
Drager, Walter L _____ •• __ ____ __ __ ___ __ ________ Engineer___ •• --------------------------·-···
Norton, John E_. __________________________________ do __ ·-----------------------------·-····
Gale, George J __ ---·--·--------------------·-- Counsel. ___________________________________ _
Glueck, Nathan H- _-------------------------- _____ do __ -------------------------------····Stansfield, Edgar A ________________________________ do ____________ -------------------------Healey, George W ____ _______________ __ ______ __ Speeial representative ______________________ _
Blair, Smith _______________________________ •• __ Examiner.------------------------------·-··
Clayton, Laurance J _______________________________ do __ -------------------------------···-Dickinson, R. G _--------·-·---------------··· _____ do __ -----------------------------------Galt, Alexander B___ ___ ____ ___ ______ __ ______ __ Assistant secretary __ -----------------------Kannee, Henry M ___ -----------------------·· Liaison representative ______________________ _
Merritt, Arthur B _____________________________ Administrative assistant, Agency Division __
Shepard, Guy B _____ •••• ____ • _______ •• _____________ do _________ ----------------------------·
Beck, W. C., Jr_______________________________ Chier accountant_ __________________________ _
Leseallett, George A___________________________ Chier, Authorization-Cancellation Section __
Farrell, Edward A_--------------------------- Supervising accountant ____________________ _
f~ft~r:b~~~1"J ~::::::::::::::::::::::::::::::: ~~i;;~:~~\~i ~~~f;:~r:::::::::::::::::::::::
Henry, Heber ____________ .____________________ Counsel. ___________________________________ _
_________________________________ do
________ ---------------------·········_
Rosenwald,
Harold
Wilson,
Robert
G __________________________________
do _____________________________________
Wolrord, Albert M _________________________________ do __ ---------------------------------···
Giddings, William C __________ __ ______________ Examiner_---------------------------------Jenkins, Hugh Powell _____ ••• ______________________ do __ ---·-------------------------·-···Mack, Bryan _______________________________________ do ____________ -------------------------·
Peery, Robert w ___________________________________ do _____________________________________ _
Robertson, Hilton w _______________________________ do __ ··-·-------------------------------Rochelle. William J ________________________________ do __ ·----------------------------------·
Stewart, Adelbert T ________________________________ do __ .----------------------------------Talman, Carter ____________________________________ do __ --------------------------------·--·
Tigrett, A. K __________________________________ • ____ do ___ ----------------------------·---·-·
Livingston, Schuyler w _______________________ Counsel. ___________________________________ _
Tracy, Frank T _______________________________ Chier clerk _________________________________ _
Klagsbrunn, Hans A__________________________ CounseL _____________________ --------·-····Estes, George L_ ---------····-·-- _____________ Examiner __________________________________ _
Etheridge, Julian C ________________________________ do ______________________________________ _
House, Perry B ____________________________________ do ______________________________________ _
Luce, George P _____________ • _______________________ do ______________________________________ _
Gunderson, Harvey J _ ________________________ Coun.sel ____________________________________ _
Hutchinson,
A. s ___________________________________ do _____ -·-·---------------------------·-Edelman, Edward
__________________ . _______________ do ______________________________________ _
Hill, George H., Jr. ________________________________ do ______________________________________ _
Joyce, Walter E ___ ______ __ ____________________ Administrative assistant •• _________________ _
Burrowes, Airred D ___________________________ Examiner________________________________ _
Henrich, William A. ____ ... _____________ . _____ _____ do _____________ • _______________________ ••
Hoover, James Q ____________ •• _____________________ do ___________ -----------------·--------··
Reed, W. 0 ____________ • ____ •••• ___ ···--··-· _______ do _______________ .------------------·-···
~izi:1;,.TR!ert c ____________________________ -Cou~~eL __________________________________ _
Holland, Bernard P., Jr' ____________________________ do ______________________________________ _
J. Donald____________________________ Special nssistant •• _----------·-·-··--------Halsted,
Bladen, W.
H _________________________________ Supervising aeeountant ____________________ _
Riddel, James L_______________________________ Chier, Interest Section _____________________ _
Burton, Roy E__________________________ ______ Engineering examiner______________________ _
Luther, Forrest ____________________ •• __________ Appraiser.------------------------····-- ___ _
Mashburn, L. w ___ ._______________________________ do ______________________________________ _
Worthington, L. S ___________ --···- ________________ _do _______________ ------------------·· •
Ward, Peter c________________________________ Administrative assistant ___________________ _
Chase, John H________________________________ Assistant Chier, Statistical and Economic
Division.
Fletcher, William Meade, Jr_ ••• ______________ CounseL
__________________________________ _
Stoner, George B ____ •• ________________________ • ____ do ____________________ ------------------·
Warren, Frederick H__________________________ Engineering examiner ______________________ _
Collins, James H ______________________________ Administrative assistant, Agency Division__
Digitized by
Google
Salary per
month
$Ml.!7
Ml.17
Ml.67
ML67
54167
Ml.67
ML!7
54117
Ml.67
ML67
Ml!7
51167
51167
Ml.67
Ml.67
511.67
Ml.67
633.33
5:al.83
5:al.83
5:al.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
500.00
500.00
500.00
500.00
500.00
,.iJl.67
~-33
~-33
m.11
419.17
479.17
419.17
475.00
475.00
466.67
400.67
400.67
458,33
458.33
458.:i:l
458.3'
458.33
458.33
458.3>
458.33
4.l(),00
4.l().00
4.l().00
4.l().00
450,00
4.l().00
t3,1.33
433.33
m:1.1
m:1.1
425.00
'1&67
REPORT OF RECONSTRUCTION FINANCE CORPORATION
87
13.-Names and compensation of directors, officers, and employees of the
Reoonstru.ctiion Finance Corporation receiving from the corporation more than $400
per month, as of Sept. 30, 1937-Continued
TABLE
WASHINGTON OFFICE-Continued
Salary per
month
Title
Name
Robert, F. H.................................. Supervising engineer ..••.......•...•....•.••
Easley, Robert 1 .•••••••••••••••••••••.•.•.••• Appraiser .•.......•••.•••.••••.....•••......
Hobbs, William J.. •••••••••••••••••.•..••.... Counsel. .••..••...••.•••..••........••......
Russell, !Jewi~ O ..••..••••.•••.•••••.•.•••......... do ......•.•••...........•. ·-- ••.•.•.....•
Stewart, C. H .•....•.••.•..•.•...•................. do ..•.....•....••.••••••••.•......•.••••.
Dawson, Donald 8 •••••••••••••••••••••••••••• Eramlner .••••••••.•••.•••••••••..........••
fi=~:i~!~iii'f~Jii:::::::::::::::::::::::: :::::ig::::::::::::::.::::::::::::::::::::::::
Stafford, D. N .....••••.•.•...............•......... do .......••...•.••..•.•...•.•...•.•.••••.
Willett, William E .•.•.•..•.••••.•...•••••.••...... do ..............•...•.•.•••.•.•...•......
r:~~:"~;r':i~[
............................. ·Eng?~eering examiner ....•.....•...•...•..•.
Coombs, 1. Wendell. •••.•••••.•••••••••••••••• Assistant to Mr. Klossner ....•...•...•....•.
LOAN AGENCIES
$416. 67
416. 67
416.67
416, 67
I 416.67
416. 67
416. 67
416. 67
416. 67
416. 67
416. 67
416. 67
416. 67
416. 67
1
Atlanta, Ga.:
Cocke, Erle .............................. . Manager•.•••..•••••••••••••.•...• ·-. ·-•••••
Chadwell, W. A ••••..••.•••••••..•• ._ ••... Assistant manager .•.•••••••.•...••.•••.••••
Reynalda, G. P........................... . Field representative..•.•••••••. ·-·-···--····
Baltimore, Md :
Coke, William H.......................... Special representative ...................... .
Chatterton. J011eph V·-··················· Examiner .••..•.••••••••••••••••..•••••..•..
Birmingham, Ala.:
Manager .•••••••.•.•••••••.•••.•..••..•••...
Bos~;Ki!s.;~...............................
Hagerty, John J..•...•.•..••.....•...•.•....... do ......•......••.•.....•.•.••.••••.•.•..
MPcLean, Daniel P ••••••••••••••••••••••• Assistant manager ••••..•......•.•.•.•.•.•.•
Charlotte, N. C.:
·
Campbell, 1ohn A., 1r..................... Manager.••.••••••••••••••••.....••..••.••••
ChlCSl,'o, ID.:
Gallagher, F. D •••••.•••.•••••••••••••.•.•.•••. do ...•.......•.•••••.••..••••...•••.•••••
Black, Craig 0............................ Assistant manager ••••.•.•.•...•..........••
Walker, Lee............................... Attorney ••.•.....•••........•... -..••..•....
Ernst, D. W .•••.....•••••••••••••••..••.. Chief, Loan Liquidation Division ...•...••.•
t'!tJ:i::_i•~t'cfa·a1.,c::::::::::::::::: .~~d~~:::::::::::::::::::::::::::::::::::
~~~~. ~llllam F •••••••••.•••••••.•••.• ~!=~!r...................................
f£J'J;!tt~J11~ K.::: :::::::::::::::::::::: :::::~g:::::::::::::::::::::::::::::::::::::::
Standish, M. L ..••.•••••.•.••••••••••••••• Assistant to the manager ••.•..•.•.•.•....•..
~rl~~:i~.~:::::::::::::::::::::::::
~!=:~:::::::::::::::::::::::::::::::::::
Nelson, Harvey F •••••••.••••.••••••••••••••••• do .••••••••••••••.•••••••.......•...•..•.
Cle'5ft~f.~·:::::::::::::::::::::::: r:;~tmanaier::::::::::::::~:::::::::::
Wadsworth, J. L .•.•••.•••••.•••...•..••••..... do •••••.•••.•......•..• -· .............•.•
Killpack, James M ...•••.••••••••••••••••• 'Chief, Loan Liquidation Division ....•••.•..
Dallas, Tex.:
Glidden, L.B •••••••..•••••••••••••••••••• Manager••••••••.••••••••••..•.•••...•••••••
Detroit, Mlcb.:
Colt, Gladdlng B ••••••••••••••••••••••••••...•• do .••••.•.•••••••...••••••.•..•••••.••...
Hodgson, Raymond J ••••••••••.•.••.•.•.• Assistant manager •••••••.••.•.••.•.•...••••
Nelson, Fred F .•.•..•••••••••.•••.•.•••........ do •••••••••••••••••.••••••....•.••.•.•••.
1acll:sonville, Fla.:
Farwell, Fred H........................... Manager ••.•••••••••••••••••·•••..•••••.••••.
Kansas City, Mo.:
Hodges, Frank••••..••.•••••••••••••••••••••••• do_ •••••••••.•.•.•••••...•.•.•...•.•••••
IJttle Rock, Ark.:
Jarrett, J. W ••••••.•••..••••.•••••••••••...•••• do ••••••••••.••.•••.••••••••.••.••••••••.
$700.00
416. 67
500.00
458.33
416. 67
416. 67
600.00
483.33
500.00
833.33
625.00
791. 67
625.00
625.00
625. 00
583. 33
541.67
500.00
500.00
500.00
475. 00
468.33
416.67
416. 67
791. 67
541.67
541.67
500. ()().
458.33
791.67
450.00
416. 67
500.00
600.00
600.00
600.00
~i~~{t:~.~·························· .
479. 17
MS:r.•...•..•••••••••••......•••••••••••
416. 67
Hwnphref, Lovell M..................... Assistant
manager ••••.•••...•...•.•••••••.•
Minneapolis, Minn.·
626.00
Maynard, Ben C ••••••••••••••.••••••••••. Manager •.•......••.••••••.••....•....•.••..
450.00
Power, George C ..•••• ·---·············· .. Assistant manager. •.••••••••••.•.•.......•.
1 On leave of absence without pay.
• Except as herein Indicated, attorneys handling legal matters of the various agencies or the Corporation
do not re<'elve salaries but are paid In the customary way according to the character and volume of the
work performed and therefore are not Included.
Digitized by
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88
REPORT OF RECONSTRUCTION FINANCE CORPORATION
13.-Names and compensation of directors, officers, and employees of the
Reconstruction Finance Corporation receiving from the corporation more than $400
per month, as of Sept. 30, 1937-Continued
TABLE
LOAN .\OENCIES L-Contlnued
Name
Salary per
Title
month
Nashville, Tenn.:
Gardenhire, J. M...... .................... Manager ..•.......•••••••••••.••••.••...••..
Dnvis, Lee. .••........•••••••••.....••.... Assistant manager ••••••.••.•...•.•••••.••..
New Orleans, La.:
Buskic, Geor.e F............ ............. Manager .........•••••••...•••.•....•..•..•.
Rohertson, George W .. ................... Assistant manager .•.•.•••......•.....•.....
Green, Justin.............................. Examiner ......•••••••••.......•............
Knight, M. J .......•......••................... do .......•...•••••••..•....•.•..•.•••...•
Goodman, Samuel J ....................... Agency Counsel.. .•••••..............•......
Griffin. James L.. .••...................... Examiner ...••••.••..•...•..................
l\fcl'ein, H. L ........•......••.......••........ do .•.••••••.•••....•..•.........•.....•..
McGaughy, Snowden •...•..••..••...••........do ...••••••.••.•.....••..•..•...•.....•..
New York, N. Y.:
1
~::::: :: ::::: ::::::::: ::
Farthing, William J ....................•.. Examiner ..•••.•••..•...........••..•.•.....
Hannan, Edward A ............•...•.•..••..... do .......••.•.......•.•...........••...•.
Schneider, John Thomas ....•............. Agency office counsel.. ..................... .
Evarts, Effingham........................ Assistant agency office counsel. ............ .
Kavanagh, Thomas P ..................... Examiner .......................••......••..
Barrett, F. H.............................. Special assistant ....•...•..••.....•.••....•..
*~:;~yJ~i:·. ~:·.
~~~i:~t i:riiina"iei::::::::::::::::::::::::::
~fe~:~~sH~r'i-~\~·.-:::::::::::::::::::::::: ~~;~~~~i:::::::::::::::::::::::::::::::::::
$.583. 33
458. 33
833. 33
500.00
500. 00
458. 33
41~. 67
416.67
416. 67
416.117
833. 33
708. 33
791.67
666. 67
708.3.3
708.33
525. 00
500. 00
500.00
483. 33
458. 33
458. 33
416. 67
416.67
Frey, Charles L........................... Chief, Loan Liquidation Division.......•....
Linn, Henry A............................ Attorney .......•..•....•....•••.••.•...•.•.•
Sutherland, Conrad J •..•....•••••.•.••...•.... do ............••..••••••••..•••••.•.....•
Clarke, A. J., Jr ....•...•.•.••...••••••.... Office manager •.•..•••••••••.•••..•••.•.••.•
Oklahoma City, Okla.:
Eagen, J. C .. •-s••·····················•·· Manager .............•......................
Omaha, Nebr.:
Daniel llerbert S .•..•...•••...•.•.••••....••.• do .•....••.•.••.•••••••.•..••••••••••••..
Philadelphia, Pa.:
Kiesling, Robert J..................... ......... do ....... ····················•·.···· ••••..
Scott, E. Raymond........................ Acting assistant manager ....•..•••.•.•.•....
833.33
500.00
l';~~~th~~'f!t?'m
~:::::::::::::::::::::: ·om!°i.ii,ii-iiei::::::::::::::::::::::::::::::
Gretz, Arthur A ...........•............... Examiner •.•.•.••••••••••....•.•.•....•..••.
550.00
441.67
Richmond, Va.:
Gilmer, Henry 0 ..••.....•...•.•.•........ Manager ..•......••••••••••••••..••.•••••..
Staples, E.W ....•••...................... Assistant manager ••••.•••.......••.••.••.••
Salt Lake City, Utah:
Smith. Elias A............................ Manager ••••••••••••••••••••.....•••••••••..
San Antonio, Tex.:
Meerscheidt, Otto •••...•.•..........••••...•••.do .•.••••••••••••••••••••••..•.•••••••••.
San Francisco, Calif.:
Calkins, A. A ............................. ..... do .•.••••••••..••••••••.••••••••••••••••.
McCullough, John 8., Jr .....•.•..•......• Assistant manager ••••••••.•..••..•.•.••••.•
St. Louis, Mo.:
Snyder, John W ..•.••••.••...•.........•.. Manager ••••••••••••••••••••.••••••.•••••••.
Sain, Frank J............. .. •. . . . . . . . . . . . . Assistant manager ••••••••••.•...•••••••••••
450.00
500.00
416. 67
500.00
416. 67
4.50.00
500.00
750.00
500.00
708.33
450.00
J Except as herein indicated, attorneys handling legal matters of the various agencies of the Corporation
do not receive salaries but are paid in the customary way according to the character and volume of the
work performed and therefore are not included.
Digitized by
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REPORT OF RECONSTRUCTION F'INANCE CORPORATION
Ii
89
14.-Statement of cash receipts and expenditures du.ring the third quarter,
July 1, 1987, to Sept. SO, 1987, inclu.nve (Corporation's accounts with Treasurer
of United States)
T.lllLI
Cash balance at the close or business June 30, 1937, as PM the books or the Treasurer of the
Corporation____________________________________________________________________________
Add: Checks issued prior to July 1, 1937, canceled subsequent to June 30,
$330. 88
1937... _______ . -- __ ---------- ---------- ------ -- -- --------. --- • ---- ------Add: Corrections or errors reported to the Treasurer subsequent to June 30,
6, 859. 75
1937...______ -- _--- -- __ -- -- -- ------------ --- . -- -- -- _--- -- -- -- --- ___ -- -- --
Adjusted cash balance at the close or business June 30, 1937 ________________________ _
- Receipts:
Sale of notes __ -------------------------------------------------------- $150,366,000.00
Repsyments on loans:
To banks and trust companies (including receivers)_ $14, 244, 702. 62
211,225.00
To credit unions _______________________ . ___ . _____ _
To building and loan associations (including re-
Sl, 763,775.05
7,190.63
1, 770, U65. 68
201,SOl.88
291,124.31
T!ts~~nce companies ____ ; _____ ---------·------495,500.32
To Federal land banks._--------------------------Tojoint-stock land banks _________________________ _
181,239.61
To livestock credit corporations ___________________ _
45. 696. 47
To mortgage loan companies __________ .------------ I l, 647,734.86
To agricultural credit corporations ________________ _
8,692. 78
To railroads.-------------------------------------- 2, 950, 18.1. 7r,
To fishing industry _______________ --------- - ---- --7,634.98
To industrial and commercial business ____________ _ 2,366,337.91
To mining, mllllng and smelting business ________ _
60,000.00
On assets or closed 1oanks _________ . _______________ _
118,477.48
For self-liquidating projects (par $185,921.75) _____ _
181,803.81
For repair or reconstruction of property damngcil by
·
earthquake, etc.:
Under sec. 201-e, act of July 21, 1932, as
81,562. 52
amended ___________ . -- ---- -- -- -- -- - --- -- -- - Und~r act or Apr. 13, 1934, as amended:
24,791.47
Industrial and commercial busines.•-------43,162.09
Other _______ --------------- -- --- ------ -- - -For financing the carrying and orderly marketin~ or
agricultural commodities and livestock produced
In the United States:
Commodity Credit Corporation ______________ _ 61, 782, 140. 28
Other ___ •• ______________ . ____________ .• _______ _
300,557. 70
To drainage, levee, and irrigation districts ________ _
288,534.65
Secured by preferred stock:
156,243.05
Insurance companies___________________________
865,937. 77
Banks and trust companies____________________
Preferred 8tock, capital note, and debenture retirements _____________ _
Relier disbursements (1932 act) repaid. __________ ._----------------- -Capital reductions regional agricultural credit corporations ___________ _
Preferred stock installment sales contract ____________________ ________ _
Sales or securities purchased from Federal Emergency Administration
Works.---------------------------------------···-···----Public
~ ds
Loan Corporation _________________________________ _
or Disaster
fuunds of Commodity Credit Corporation ___________________________ _
terest and discount collected ___________________ ----- -------------- -Di~ds collected on preferred stock purchased (including Interest on
receipts) _____________________________ .. -----------------··-Inm
Wffit collected on capital notes and debentures ___________________ _
~ed Interest on notes sold ________________________________________ _
1
~~ n:i~ ~ ~iies-iimcii.sse,C iiani-.itii.er-gov.i,niiiii,.-tai
Pre:::i:!: _______________________________________________________
_____ _
~~icies
96,381,974.22
3, 443, 054. 86
176,000.00
5, 000, 000. 00
88,457.63 ·
37, 627, 936. 47
2,291,961.57
13, 000, 000. 00
11, 649, 521. 32
3, 298, 864. 64
1, 737, 171. 73
114,786.59
153,867.80
962,857. 22
782,667. 71
06,008. 16
500,000.00
5,136.89
191,779.34
3,142.00
:e:1:vm~~1~~~~:!1fo~,e iiii<i-i,i-eserviii:iiin-or-ccii1aiei-iii::::::
c'Werl•Import Bank of Washington (cash collateral) ________________ _
~Ions on collateral (cash collateral) _____________________________ _
Lf
D qwqatlon or collateral purchased ________________________ ___________ _
~=:.~
,,_~!_)OS1ts with bide for purchase of securities_------------------------•Wlds held as trustee for series B notes of Commodity Credit Cor:::1n%s::S?vl:!':::: ::::: :: :::::: :::::: ::::: :::::::::::::
isoellaneous (lncl-udlng amounts credited In error) _________________ _
2, 352, 780. 09
8, 843, 725. 53
2, 207, 952. 04
830,579.19
------
342, 426, 225. 00
344, 197, 190. 68
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90
REPORT OF RECONSTRUCTION FINANCE CORPORATION
14.-Statement of cash receipts and expenditures during the third quarter,
July 1, 1937, to Sept. 30, 1937, inclusive (Corporation's acCQunts with Treasurer
of United States)-Continued
TABLE
Expenditures:
Retirement of notes ___________________________________________________ $229,478,000.00
Loan disbursements:
To banks and trust companies (Including receivers)_ $14,218,777.45
To building and loan associations__________________
3,570.80
To joint-stock land banks__________________________
13,763.91
To mortgage loan companies_______________________ 13,504,863.62
To railroads_-------------------------------------- 5,000,000.00
To fishing industry________________________________
15,300, 00
To industrial and commercial business_____________ 5, Oil, 520.15
To mining, milling, and smelting business_________
360,000.00
On assets of closed banks__________________________
90,229.02
For self-liquidating projects (par $9,539,000)________ II, 482,144.16
For repair or reconstruction of property damaged
by earthquake, etc., under act of Apr. 13, 1934, as
amended:
Industrial and commercial business ___________ _
22,500.00
Other ____________________________ . ____________ _
108, 40(), 00
For financing the carrying and orderly marketing
of agricultural commodities and livestock produced in the United States:
Commodity Credit Corporation ______________ _
Other _________________________________________ _ 17,768,663.77
4,645.75
To drainage, levee, and irrigation districts ________ _ 5, 0!2, 746. 28
To public-scbool authorities ______________________ _
72,499.66
To Rural Electrification Administration __________ _ 4, 425, 000. 00
Secured
by preferred stock-banks and trust companies __________________________________________ _
100,000.00
75, 3M, 524. '5
Purchases
of
preferred
stock
and
debentures-banks
and
trust
com-_
panies ________________________ •. ______________ • ____________________
632,360.00
Purchase of stock of Disaster Loan Corporation _____________________ _
2, 000, 000. 00
Purchases
of
securities
from
Federal
Emergency
Administration
or
Public Works ______________________________________________________ _
3, 348, 869. 88
Withdrawal .by The RFC Mortgage Co. offunds held for It ________ _
5,000.00
Withdrawal by Disaster Loan Corporation of funds held for It ______ _
2, 664, 727. 02
.Allocations to other governmental agencies:
To Secretary of the Treasury for purchase of stock of
Federal home-Joan banks _________________________ $1,000,000.00
To Federal Housing Administrator_________________ 4,500,000.00
For expenses, regional agricultural credit corporations (under Farm Credit Administration)_______
270, 000. 00
5, 770, 000. 00
Advances for care and preservation of collateral_______________________
314,179.66
Collateral purchased__________________________________________________
8,525.40
Advances for care and preservation and expense of collateral purchased______________________________________________________________
51,785.44
Refund of interest and dividend overpayments_______________________
318,900.64
Release of cash collateral (Commodity Credit Corporation)__________
125,000.00
Release or cash collateral______________________________________________
9,095.84
Interest on cash collateral to rediscounts_____________________________
364. 73
Release of funds held in suspense_____________________________________
3,011,772.06
Interest on notes _________________________ ----------------------------- 13,363,738.31
Interest on Commodity Credit Corporation's series A collateral trust
fund account_ __________________________ ---------------------------322,099.82
Accrued interest on securities purchased______________________________
153,275.81
Furniture and fixtures________________________________________________
21,586.85
Expense:
General___________________________________________________________
965, 530. 06
Loan agency _______ ----------------------------------------------840,197.91
Custodian________________________________________________________
372,278.46
Reimbursable expense________________________________________________
421,915.03
Miscellaneous (including refunds and adjustments for amounts credited
in error)_----------------------------------------------------------852, 784.14
- - - - - $340,396,501.49
------
Cash balance at the close of business Sept. 30, 1937 _________________________________ ,
3, 800, 689. 19
NOTE.-ln addition to funds on deposit with the Treasurer of the United States, custodian banks and
trustees held in susperu;e funds which amounted to $544,235.12 at the close or business June 30, 1937, and
$766,528.20 at the close of business Sept. 30, 1937.
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REPORT OF RECONSTRUCTION FINANCE CORPORATION
'TABLE
15.-.&atement
91
of cash receipts and e:i;penditures during the 9 months, Jan.
J,. 1937, to Sept. 30, 1937, inclusive (Corporation's accounts with Treasurer of
United States)
'Cash be.Janee at the close of business Dec. 31, 1936, as per the books of the Treasurer of the
Corporation............................................................................
..Add: Checks issued prior to Jan. 1, 1937, canceled subsequent to Dec. 31,
1936.... ••••••••••••. •••.•• •• •••• •••••••• .. .. •••••••• •••••••••••••• .•••••
$3, 167. 93
.Add: Corrections of errors reported to the Treasurer subsequent to Dec. 31,
1936_••• ••••••••••••·•·••• •• •••·••••••••••·· •• •. •• •••••••••••••• ••••••••
79, 747. 29
Adjusted -cash balance at the close of business Dec. 31, 1936.•••••••••••••••••••••••••
lReceipts:
Sale of notes ...................•...................................... $235,776,000.00
Repayments on loans:
To banks and trust companiea (Including receivers). $52. 771, 424. 91
To credlt unions...................................
138, 046. 81
To building and loan 11880C8tlons (Including
999,302.70
receivers) .•••••••••••••••••••••••••••••••••••••••
751,051.18
To Insurance companies •••••••••••••••••••••••••••
To Federal land banks •••.••••••••••••••••••••••••• 11, 456, 120. 39
508,815. 79
To Joint-stock land banks••..••••••••••••••••••••••
To livestock credit corporations•••••••••••••••••.••
126,204.56
To mortgage loan companies••••••••••••••••••••.•• as, 328, 854. 81
112,209.11
To agrictiltural credit corporations ••.•••••••••.•.••
To railroads ••••••••••••••••••••••••••••••••••••••• 9, 368, 223. 58
To fishing Industry •••••••••••••••••••.••••••••••••
36,528.32
To industrial and commercial business••••••••••••• 8, 273, 207. 91
242, 694. 21
To mining, milllng, and smelting business •••••••••
310,783.63
On assets of closed banks •••..•••••.•..•..•••••••••
For se!C•Uquldatlng projects (par $450,702.35) .••••••
446,460.58
:.For repair or reconstruction of property damaged
by earthquake, etc.:
Under eec. 201-a, act of July 21, 1932, as amend•
248,263.82
ed .•••••••••.•••••••••••........•..••••••••••
l'U:nder act of Apr. 13, 1934, as amended:
92,727.99
Industrial and commercial busl,ness ••••••••
Other_ •••••••••••••••••••.••••••••••••••••
106,642.65
For financing the carrying and orderly marketing
of agricultural commodities and livestock pro•
duced In the United States:
Commodity Credit Corporation ••••••••••••.•• 150,031,406.71
Other.... •• • • • •• • • • •• •• •• • ••• • • • • •• . . • • •. •••• ••
718, 131. 76
To drainage, levee, and lrrtgstlon districts.........
776, 600. 94
-Secored by preferred stock:
Insurance companies........................... 1, 455, 255. 46
Banks and trust companies.................... 1, 939, 613. 52
279, 238,661.34
-Preferred stock, capital note, and debenture retire•
ments·-··· •••••••••••.•.•••.•••••••••••••••••••.••••••••••••••••••• 4'4, 502, 960. 37
Relief disbursements (1932 act) repaid •••••••••..•..•••••...••••••••••• 12, ~51, 343. 33
•Capital reductions, regional agricultural credit corporations•..••.••..•
5, 000, 000. 00
Preferred stock, Installment sales contract..•....•.....................
251,167.49
Sale of securities purchased from Federal Emergency- Administration of
Public Works .•.....•.•...........•.....•.•.•••••.•••••••.•••••.•..• 61, 793, 970. 68
3, 850, 949. 59
Funds or The RFC Mortgage Co... ·-······-·························
Funds or Disaster Loan Corpora't.,!on •.••••..•••••..•.•.•••.•..••.••.••
8, 642, 396. 90
Funds of E1:port•lmport Bank or Washington ••••..••..••.•.•.•.•.•••
4, 500, 000. 00
Funds of Commodity Credit Corporation•••.•.•••.•••••••.•••.•.•.••• 13, 000, 000. 00
:Interest and discount collected •...•..••....••.•......•.••.......•••... 36, 019, 250. 70
Dividends collected on preferred stock purchased (Including Interest on
interim receipts) ..•.••....••.•••................•.••.•.•••••••.•.••. 10,844,431. 90
.Interest collected on capital notes and debentures ••.•••••......•...•••
4,689,175. 75
116,205.01
..Accrued Interest on notes sold •.••..•...•......•.......••..•...•..••.••
182,124.69
Premium on notes sold ..•••.....•..........•.. ·-·····················
.Premium on sale or securities purchased from other governmental
agencies •.•••.•.••.•........•......•••••.•.••••....•.•...•.•.........
1,817, 467. 72
.Reimbursable expense collected .•.•••••••.•..•••.•.•..•.•....•..•.•..•
2, 472, 399. 55
Repayments on advances for care and preservation of collateral ••••...
2, 166, 671. 18
,Commodity Credit Corporatl,:in (cash collateral) ......•••.....•..••..•
1, 080, 632. 46
Export•lmport Bank or Washington (cash collateral) •••••••••••••. -..
500,000.00
-Collections on collateral (cash collateral) ••••••.•.•...•••••••.•.•••••..
9,258.88
Liquidation or collateral purchased •••••.•...•.....•••••...•...•...•..
802,228.46
Premium on securities sold ....••...•.........•....•••.•••........••..
140,968.00
Deposits with bids for purchase of securities •••••••.••••••••.••..•.•••
28,142.00
.Funds held as trustee:
For series A notes of Commodity Credit Corporation_ •••••.••••...
625. 312. 68
For series B 'notes of Commodity Credit Corporation .••..••••.•••
2, 352, 780. 09
"Remittances held in suspense ••••.••••.••••••••••.••••.•.••••••••••••• 31, 217, 669. 05
Unallocated, pending advices •••.••.••..••.....•........••.......•.•••
2, 207, 952. 04
1, 632, 386. M
Miscellaneous (Including amounts credited In error) ••••.•.. ·-········
$5,788,427.01
82,915.22
5, 871, 342. 23
768, 112, 506. 40
773, 983, 848. 63
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92
REPORT OF RECONSTRUCTION FINANCE CORPORATION
15.-Statement of cash receipts and expenditures during the 9 months, Jan.
1, 1937, to Sept. 30, 1937, inclusive (Corporation's accounts with Treasurer of
United States)-Continued
TABLE
Expenditures:
Retirement of notes •...•..••...•.•.•••.•.•.•.••••••••••••••...••.•••••
Loan disbursements:
To banks and trust companies (including receivers). $20, OW, 083. 34
To building and loan associations (including
receivers)........................................
446,715.32
To insurance companies...........................
155,921.66
To joint•stock land banks.......................... 1,221,749.00
To mortgage loan companies....................... 31,871,545.13
To agricultural credit corporations.................
80, 7'1:1. 28
To railroads....................................... 20,000,000.00
To fishing industry................................
77, 175. 00
To industrial and commercial business............. 18,382,550.37
To mining, milling, and smelting business......... 1,085,000.00
On assets of closed banks..........................
184. 483. 77
For self.Jiquidating projects (par $36,794,000).... .. • 36, 585, 745. 16
For repair or reconstruction of property damaged by
earthquake, etc.:
Under sec. 201-a, act of July 21, 1932, as amended.
69. l!O
Under act of Apr. 13, 1934, as amended:
Industrial and commercial business ...•..••
86,450.00
Other...••........•..••...•....•...........
388, 921. 84.
For flnaucing the carrying and orderly marketing
of agricultural commodities and livestock pro·
duced in the United States:
Commodity Credit Corporation .•••.•..••••••• M, 684,191.72
Other.......•••.•...•.......•.........•.•.•.•.•
429,592.17
To drainage. levee, and irrigation districts •.••..•.• 13, 704, 295. 61
To public-school authorities ...........•.•••.••••.••
148. 420. 02
To Rural Electrification Administration..........• 8, 325, 000. 00
Secured by preferred stock-banks and trust com•
100.000.00
panies ....•.•.•••..••••.......•.......•.•...•••••
Purchases of preferred stock, capital notes, and debentureit-banks and
trust companies.......... ·---·--··-· .•.. -·····-·-···················
Purchase of stock of The RFC Mortgage Co._ .•.•••••••.•••••••••••••
Purchase of stock of Disaster Loan Corporation ...••.......•.• _._ •..••
Purchases of securities from Federal Emergency Administration of
Public Works ....... ___ ... -··-··-···········-···-····-··············
Withdrawal by The RFC Mortgage Co. of funds held for It .• _ ••.•.•.•
Withdrawal by Disaster Loan Corporation or funds held for it .....•.•
Allocations to other governmental agencies:
To Secretary of the Treasury for purchase or stock
or Federal Home loan banks..................... $3,644,600.00
To Federal Housinl!" Administrator_·-·-·-·-···-··. 9,621,074.55
For expenses, regional agricultural credit corpora778,400.00
tions (under Farm Credit Administration).......
For expenses, Federal Emergency Relief Adminls·
tration............................. ••.•• •••••••••
341. 76
$391,378,000.00
208,057, 637. ZT
9, 100, 3li0. 00
5, 000, 000. 00
8, 000, 000. 00
28,815, 151. 70
~. 424, 779. 55
6,833, 219. 78
14, 044, 415. 31
1, 997, 726. 66
.~dvances for care and preservation or oollateral •••••.......•........••
19,002.61
Collateral purchased. .••...•••..••..••.•.•....••.....................•
190,255.31
Advances for care and preservation and expense or collateral purchased.
1, 349, 223. 46
Refund of interest and dividend overpayments •••.•....•......•.•.•.•
1,875, 000. 00
Release or cash collateral (Co=odity Oredit Corporation) •.....•.•••
9,005.84
Release of cash collateral .•.•.•...........•••••.•.•...............•.•.•
Interest on cash collateral to rediscounts .••••......•.•.•......•......•
365. 75
Discount refunds ..•.... _..•.. ___ ....• _•..••...........••......•.....•
114.88
Release or funds held as trustee for series A notes of Co=odity Oredlt
Corporation ....• -·····---···-······································ 35, 665, 414. 77
Release of funds held In suspense..................................... • 11,869,729. M
Interest on notes ..••................••.•.•••.••.............•......••. 29, 385, 089. 45
Interest on Commodity Credit Corporation's series A collateral trust
322,099.82
fund account ...•.•.•... _......... _.•.•..••.•...•.•.•.•.........•...•
702,950.07
Accrued Interest on securities purchased ..••...•.•...•...••..•...•...•
39,173.80
Furniture and fixtures ..••.....•.....•.•..•..•••••...•............•..•
Expense:
General...........................................................
3, 083, 462. 83
Loan ag-ency......................................................
2,589,054.86
1,314,467.96
Custodian ...•.. ········································--········
1,505,062.86
Reimbursable expense................................................
Miscellaneous (including refunds and adjustments for amounts credited
in error)............................................................
1,612,314.36
- - - - - - $770,183,159. «
3, 800, 689.19
Cash balance at the close or business Sept. 30, 1937••••••••••••••••••••.•••• ·-·······
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 $281,271.84 at the close or business Dec. 31, 1936, 1111d
$766,528.20 at the close of business Sept. 30, 1937.
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REPORT OF RECONSTRUCTION FINANCE CORPORATION
TABLE
1~
93
16.-Statement of condition as of the close of business Sept. 30, 193i
ASSETS
Ca.sh on deposit with Treasurer of United States _______________________________________ _
Funds held in suspense by custodian banks and trustees _______________________________ _
Petty cash funds, travel and otber advances---------------------------------------···-·
U.S. Government Securities (par).·--·-··-·····-··-·-----···----··---····----·-·---····
Allocated for expenses regional agricultural credit corporations prior to May '1:7, 1933 '···
Allooated for expenses regional agricultural credit corporations since May 26, 1933 (under
Fann Credit Administration)'-·-· ... ____ -· ____________________________ -···- _______ --·
Allocated for Federal Emergency Relief Administration (1933 Reller Act)--------·-·---Allocated for FedEral Emergency Reller Administration (under Emergency Appropria•
tion Act of 1935) ••. ________ -· ____ --·-- ·- -·-- ______________ --· -·-- __ --·-· -· ___________ Allocated under Emergency Relief Appropriation Act of 1935 •---------·---··------·---·
Allocated to Secretary of Treasury•-·---··-·-----··------------------·---···-·----··---Allocated to Secretary of Treasury•--------------·-----·--·----·--------------·-··-----Allocated to Land Bank Commissioner•------------------------·------- $300,000,000.00
I.is.,: Reallocated to Federal Farm Mortgage Corporation ••..•• _._.
55,000,000.00
ill
Allocated to Federal Farm Mortga~ Corporation·---·--------·----·---·--------·····--Allocated to Federal Housing Admmlstrator '····---------·----------------------------Allocated to Secretary of Agriculture•-··--··-··-·-----·-·--·--·-·-·-·-- $200,000,000.00
Les.!:
Reallocated as capital regional agricultural credit
corporations_-·-··--·-·----·····-·-···--·-- ____ $44,500,000.00
Reallocated to Governor or Farm Credit Adminlslion------·-·-···--- ··----·--·-·····--··-- -···- - 40,500,000.00
85, 000, 000. 00
Capital regional agricultural credit corporations ______ ··--------·------··
Allocated for revolving fund (capital regional agricultural credit
oorporatlons). -----·-·-·--···---·-·-···-····-·---·--·····-----····
$3, 800, 689. 19
766,528.20
19,210.00
24, 112, 750. 00
3, 108, 278. 64
13, 777, 500. 00
500, 000, 000. 00
500, 000, 000. 00
500, 000, 000. 00
124,741,000.00
200, 000, 000. 00
245, 000, 000. 00
55, 000, 000. 00
55,621,074. ~5
115, 000, 000. 00
10,000,000.00
34,500,000.00
Allocated to Governor Farm Credit Adminlstration ••• --·--------··----·-·----·-----·--·
Stoc.l::
Commodity Credit Corporation, purcbased-·--···-·-·--··-·-·-···-·--··--·-·-----·
Disaster Loan Corporation, purchased __________________ ----··---'---------·-_-----·
Relief authorizations (U132act): Advances to Governors orstates and Territories, proceeds
disbu,.,d ______ __ ·-· ----·· ----·- -· -· _- -- ____ - ___ --- - ___ -- ___ -- _--- _- --- --·- -··-- -··- -·
Interest on notes issued for funds for allocations and relief advances ____________________ _
Relief authorizations (1932 act): Advances to municipalities and political subdivisions
including Puerto Rico, proceeds disbursed (less repaymentsl-------------·--··--·-····
Loans rmder sec. 5:
Proeeeds disbursed (less repayments):
Banks and trust companies•-·····-·-·-------·---···-·-·-·-··-·- $159,753,543.43
Credit unlons----··---·-----------·····--···----·-··- --· ---·---·
151,606. 58
Building and loan associations•---··-·-·----·------·-·-----·---·
1,821,218.23
Insurance companies.·--·--·····---------·---·---·-·---·--··---·
3,382,148.44
Federal land banks_··-----·-·-·····-·--·--·-·---·-·-------·---· 13,212,278.31
2,396,794.48
1ofnt-stock land banks-·--·-·-·-·-·----·-·-·-·--·--·---·-·-----Livestock credit corporations._·--·----------------·-----------·
254,967.11
Mortgage loan companies•--·--------------··------------------· 124,540,228.38
Agricultural credit corporations------·-·-·-·---------·---·-·--··
116,307.22
Railroads (including receivers>---·-···-----------··--·---------- 356, '1:79, 003.18
Fishing ind11StrY-·----·---·-·-··---·---·--- --·-----·-----·----··
584,541. 70
Proceeds not yet disbursed:
Banks and trust companies•--·----·-·---···-----·---·---·-··--- 72, 475, 978. 71
1, 386, 153. 93
Building and loan associations•-------·----·--··-···---------·-·
559,148.24
Joint-stock land banks ___ ·--·-·-··-------··--·······-·-- ____ --·_
loan companies'-···--·----·-·····-·---·-----·-----·-· 18, 265, 504, 06
78,000.00
12,125.00
Fishing indU8try_. _________ • -----·-·- ·-·-·-·-- -- -· --·-· - ---·----
44, 500, 000. 00
40, 500, 000. 00
97, 000, 000. 00
8, 000, 000. 00
280, 025, 518. 00
24,028,567.66
2, 878, 623. 00
662, 492, 637. Oft
f1f~:a:
Loans to industrial and commercial business:
92, 776, 909. 94
Proceeds disbursed gess repayments)_-·-·-··-·------------·--··-·-------·-·-------·
Proceeds not yet dis ursed .• _______ ----·---·---·----·--·--·-·-·---·-·-·----··---- --
73, 101, 364. 99
16, 429, 365. 36
~oceeds disbursed (less repayments) _______ ---··--·-·---··-·-------·--------··--- --
2,164,805. 79
1,487,000. 00
Loans to mining, milling, and smelting business:
Loans ~~~ef~~f:1~~~bg~rs:-. --·-·· --··-- --·---·- -· -- -· -- --·- ---··-----· ---· - -- -- -~ceeds disbursed (less repayments>----·-----------·---·--·---------·------------·
Loans~:,ri~gi~:tr~:s~mrguldatingprojec~:-----------·----------------·----------·
~oceeds disbursed (less repayments) (par $225,062,732.35).-··------------------·-·-oceeds not yet disbursed (par $00,757,000)-----·----------------------------------Loans for repair or reconstruction of property damaged by earthquake, etc.:
1,173,997, 79
3, 908, 408. 75
222, 423, 534, 20
90, 743, 737. 74
~=~~
~~f~iefis\;~s~~~~~~~~~~ ======: := =:=: :=:=:=: :::::=: :=:: := :: :: := =:::::::
anh
under sec. 201-c, for financing sale of agricultural surpluses in foreign markets:
Loslins 1;:en~a~~fo~t~ ~y';:1%:{~;~erly.markeiiiii:-oi-airicu-1tuni1-commoc!ities aiici
vestock produced in the United States:
8,747,243.65
326,054.00
~oceeds disbursed (less repayments)---------·--·-·----------------··-----------·-toaf~1:i~~!e:~;~~:.'~:?;:gation·,ffstrictsi----·-------·-----------------· ------·/ocee~s disbursed (less repayments)·-··-----·-----·--··---------·------------·---rocee snot yet disbursed_. _____________________ ----·--------------·-·-------·-- -Ste footnotes at end of table.
4, 286, 735. 97
227,851,388.32
Lo
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94
REPORT OF RECONSTRUCTION FINANCE CORPORATION
TABLE
16.-Statement of condition a, of the close of businus Sept. SO, 1997-Contd.
ASSETS-Continued
Loans
to public-school
Proceeds
disbursedauthorities:
(less repayments) ______________________________________________ _
Proceeds not yet disbursed ________________________________________________________ _
Loan to Rural Electrification Administration:
Proceeds
(less repayments)
____________ -----------------------------------_
Proceeds disbursed
not yet disbursed
________________________________________________________
Loans secured by preferred stock:
Insurance companies, proceeds disbursed (less repayments) ________________________ _
Banks and trust companies, proceeds disbursed (less repayments) _________________ _
Stock, mortgage companies, purchased _________________________________________________ _
Preferred stock, hanks and trust companies:
Purchased (less retirements) _______________________________________________________ _
Subscriptions authorized ___________________________________________________________ _
Preferred stock, insurance company, purchased ________________________________________ _
Capital
notes and
hanks
and trust companies:
_______________________________________________________
_
Purchased
(lessdebentures,
retirements)
Subscriptions authorized ____________________________________________________ --- ____ _
Preferred stock installment sales contracts_--------------------------------------------Purchases of securities from Federal Emergency Administration of Public Works:
Purchases (less sales and retirements) ______________________________________________ _
Purchases authorized but not yet consummated ___________________________________ _
Notes and accounts receivable _________________________________________________________ _
Advances for care and preservation of collateral:
Proceeds disbursed (less repayments) ______________________________________________ _
Proceeds
not yet disbursed
-----------------------------------------------------Collateral
purchased
(cost plus ___
advances
and expenses) ________________________________ _
Accrued
interest
and dividends
receivable_---------------------------------------------_
Reimbursable
expense
_________________________________________________________________
Furniture and fixtures ______________________________________________________ $767,707.57
Less allowances for depreciation __ -------------------------------------- 298,909. 76
Miscellaneous disbursements __________________________________________________________ _
$148, (20. 02'
1, 318, 079. D8
8, 422, 574. M
38, 075, 000. 00•
27, 706. 300. rr
11, 086, 080. M
25, 000, 000. 00·
435, 51)3, 425. 63:
33, 441, 000. 00
100,000.00•,
150, 396, 811. 98
233, 100. 00·
374,246.6'
85, 621, 365. 18
84, 556, 000. 00,
48,085. 86700,451.08
431, 469. 9lt
6, 428, 649. 16
31, 287, 63_7. 51
816,592.83
468,797.81
312,638.86,
Tots]_ ___________________ . --- --- -- -- -- ---- --- ----- ---- --- ------------------------- 5, 3o.5, 603,926.14
LIABILITIES AND CAPITAL
Payable on certificate of Federal Emergency Relief Administrator (1933 Relief Act) ______ _
Payable to Secretary or the Treasury•-------------------------------------------------Payable to Land Bank Commissioner•------------------------------------------------Callable by Farm Credit Administration for expenses of regional agricultural credit
119. 11
3, 227, 000. 00
97,400,000.00
p;~~!r~~oi:P:~al. re~ional ~ricultural credit corporations ____________ --- -- - __ -- -_-___ - Liability for funds held as cash collateral _______________________________________________ _
Liability for
held
as cash
Commodity Credit Corporat.ion _____________ __
Liability
for funds
deposits
with
bidscollateral,
_______________________________________________________
Liability for funds hPld for other agencies ______________________________________________ _
Proceeds not yet disbursed:
Loans under sec. 5 __________________________ ---------------------------------------Loans to industrial and commercial business _______________________________________ _
Loans to II'ining, milling, and smelt.Ing business ___________________________________ _
banks._--------------------------------------------------Loans
on assets
of closed
Loans and
contract.s
for self-liquidating
projects ____________________________________ _
34, 500, 000. 00
Loans for repair or reconstruction of property damaged by earthquake, etc _________ _
Loans for financing the carrying and orderly marketing or agricultural commodities
and livestock produced in the United States"-----------------------------------Loans to drainage, levee, and irrigation dis(ricts ___________________________________ _
Loans to public-school authorities __________________________________________________ _
Loan to Rural Electrification Administration ______________________________________ _
Advances for care and preservation of collateral ____________________________________ _
Subscription authorizations:
Preferred stock, banks anrl trust companies ____________________________________ _
Capital notes and debentures, hanks and trust companies _____________________ _
Administration of Pubilc Works_
Purchases
of___________________________________
socurities from Federal Emergency
• ___________________________________
authorized
Cash receipts not allocated pending advices ____________________________________________ _
Other receipts not allocated pendln~ advices ________________ ---------------------------Llability(or funds held as trustee for series B notes or Commooity Credit Corporation ____ _
Miscellaneous liabilities <including suspense) __________________________________________ _
Unearned discount_ ___________________________________________________________________ _
Interest. paid in advance. __________ --------------------------- _________________________ _
Interest and dividend refunds and rebates payable_____________________________________ _
Interest accrued _______________________________________________________________________ _
Deferred credits:
Profits
from
sale
or securities purchased from other governmental $11,003,255.43
~encles
(net)
______________________________________________________
Collections on collateral purchased___________________________________ 2,274,570.25
Income
on collateral purchased_------------------------------------439,618.82
Other_____________________________________________________
--,________
155,092. 22
1,295,847.08
782,885.15
2,150,575.65,
28, 142.00
20,218.517. H
92, 776. 909. 94,
16,429, 365. 36·
I, 4117, 000. 00
3, 908, 408. 7590, 743, 737. 74
326,0M.OO·
m, 851, 388. 32.
39, 926, 981. I 5
1,318,079. 98
38, 075, o-JO. 00
431, 469. 90-
33,441,000. 00-
233, 100. 00·
84, 556, 000. 00-
2,207,952. 1K
1, 292, 129. 46
2, 352, 707.12.
32,217,416.(6
3,484.01
168,377 72
355, 683. 88:
6, 961, 459. 44
13, 872, 536. 72.
Notes, series Kand L ___ -------------------------------------------- ___________________ 3,781,122,666.67
Capital stock ____ ----------------------_________________________________________________
500,000,000. oo,
See footnotes at end of tshle.
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REPORT OF RECONSTRUCTION FINANCE CORPORATION
'·
TABLE
95
16.-Statement of condition as of the close of business Sept. SO, 1937-Contd.
LU.BILITlll:9 AND CAPITAL-continued
Surplus, Dec. 31, 1936 (adjusted) ..•.....•.•.•........................... $150,309,640.84
Resme for self Insurance·······-----------········•·····•-··...........
175,000.00
ID16resl and dividends earned less Interest and expenses (Jan. 1, 1937, through Sept. 30,
1W7) ••••••••••••••••••.••••••••••••••••.•••••.•••••••••••••..•.•••••••.•••.•••••••••••
Total.............................................................................
$150, 484, 640. 84
23, 457, 290. 51
------5,305,603,926.14
, Sec. :llll (e) ol the Emergency Relief and Construction Act of 1932, and sec. 33 (b) or the Farm Credit Act
ol 1937 provide that all expenses Incurred in connection with the operation ol the regional agricultural credit
corporations shall be paid by the Reconstruction Finance Corporation. The Corporation has allocated
$16,885,778.64 for such expenses.
•TitleIIolthe Emergency Appropriation Act, fiscal year 1935, approved June 19, 1934, provides:
"' • • That not exceeding $500,000,()()(j in the aggre~ate of any savings or unobligated balances in funds
olthe Reconstruction Finance Corporation may, in the discretion of the President, be transferred and ap11lied
to the purposes of the Federal Emergency Relief Act of 1933 and/or title II ol the National Industrial Recov•
ery Act, • • •."
Under thls act $500,000,000 has been transferred to the Federal Emergency Relief Administration.
1 The Emergency Relief Appropriation Act of 1935, approved Apr. 8, 1935, provides: "That in order to
provide relief, work relief, and to increase employment by providing for useful projects, there is hereby
appropriated, • • • to be u.sed in the discretion and under the direction of the President, to be immedi•
ately available and to remain available until June 3u, 1937, • • • not exceeding $500,000,000 in the aggre·
gate of any savings or unexpended balances in funds of the Reconstruction Finance Corporation • • •."
l,00,000,000 has been disbursed by the Corporation under these provisions of the act.
• Sec. 2 of the Reconstruction Finance Corporation Act, as amended, provides that "in order to enable the
Secretsry of the Treasury to make payments upon stock of Federal home loan banks subscribed for by him
in accordance with the Federal Home Loan Bank Act, the sum 01$12,5.000,000, or so much thereof as may be
necessary for such purposes, is hereby allocated and made available to the Secretary ol the Treasury
• • • ." The amount of such stock subscribed for by the Secretary of the Treasury is $124,741,000.
• Sec. 4-b of the Home Owners' Loan Act of 1933 provides that to enable the Secretary ol the Treasury to
make payments for subscriptions by bim to the capital stock of the Home Owners' Loan Corporation the
Reconstruction Finance Corporation shall allocate and make available to the Secretary of the Treasury the
sum 9!$200,000,000 or so much thereof as may be necessary. The amount of such stock subscribed for by
the Secretary ol the Treasury is $200,000.000 and this amount has been paid to him.
• Sec. 30 (a) of the Emergency Furm Mortgage Act of 1933, as amended, made $100,000,000 available to the
Farm Loan (now Land Bank) Commissioner for loans to joint-stock land banks, of which $2,600,000 has been
paid to him. Sec. 32 of the same act made $200,COO,OOO available to the Farm Loan (now Land Bank) Commissioner for direct Joan, to farmers, of which $145,000,000 was paid to the Land Bank Commissioner and the
remaining $55,000,tOO reallocated and paid to the Federal Farm Mortgage Corporation under sec. 3 ol the
Federal Farm Mortgage Corporation Act.
'Sec. 4 of the National Housing Act provides that "the Reconstruction Finance Corporation sh>11l make
available to the Administrator such funds as he may deem necessary." Pursuant to this act, $55,621,074.55
has been paid to the Federal Housing Administrator.
1 Sec. 2 of the Reconstruction Finance Corporation Act, as amended, made available to the Secretary of
.~griculture $200,000,000, Of this amount $135,000.000 was paid to him of which $20,G00,000 was returned to
the Corporation. $44,500,000 was reallocated and disbursed as capital of the regional agricultural credit
corporations (sec. 201 (el, Emergency Relief and Construction Act of 1932). The remainder, $40,500,000,
was mRde available and has been paid to the Governor ol the Farm Credit Administration, pursuant to
pro<isionsofsec. 5 (a) (1) orthe Farm Credit Act of 1933.
• Loons under sec. 5 of the Reconstruction Finance Corporation Act, as amended, to aid in the reorganization or liquidation of closed Institutions have been authorized in the aggregate amount of $1,325.825,702.77,
of which $307,287,674.74 has been canceled. After taking Into consideration repayments of $860,893,001.94
items (9) of the balance sheet Include the balance of $82,736,606.12 representing proceeds disbursed (less
repayments) and $74,908,419.97 representing prcceeds not yet disbursed, exclusive of a $25,0CO loan approved
in principle upon the performance of specified conditions.
"Includes $149,927,568.77 undisbursed bala_nce of a loon of $150,000,000 to Commodity Credit Corporation
to enable it to make or purchase 1937-38 cotton loans; if more than t,his amount is needed the Corporation
will provide it.
" Represents undlsbursed portion of estimated expenses of the regional agricultural credit corporations for
the fiscal year ending June 30, 1938,
In addition to loans and other authorizations reflected on the statement of condition, the Corporation
has approved In principle, upon the perforrr.ance of specified conditions;loans In the amount of$148,636,83t.65
and purchases of preferred stock and debentures in the amount of $3,638,iiOO. The Corporation has also
agreed to purchase from the Federal Emergency Administration of Public Works at par and accrued Interest such part of securities having aggre~ate par value of $14,798,000 as may be available for delivery.
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 Corporation, upon Its request, up to but not exceeding $250,000,000. The Corporation has not boon called upon to
purchase any such obligations.
This statement of condition does not take into consideration expenditures incurred but not paid by the
Corporation at the close of business Sept. 30, 1937, nor Income of regional agricultural credit corporations
whose capital stock was subscribed by the Corporation.
Addendum to statement of condition as of the close of business, June 30, 1937, which appeared In the
report for the second quarter of 1937: In addition to the amount of loans which the Corporation had approved
in principle upon the performance of certain specified conditions. as stated In a footnote to the statement vi
OOnditlon as of the close of June 30, 1937, the Corporation during the second quarter of 1037 agreed to make a
loan to a trust company In the amount ol $16,000,000 subject to the perlcrmancc of certain specified conditions. This commitment, however, was canceled in September, 1937.
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