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' REPORT OF THE RECONSTRUCTION FINANCE CORPORATION, THIRD QUARTER OF 1940 ~ETTER FROM THE CHAIRMAN, RECONSTRUCTION FINANCE CORPORATION, TRANSMITTING THE REPORT COVERING THE OPERATIONS OF THE RECONSTRUCTION FINANCE CORPORATION FOR THE THIRD QUARTER OF 1940, AND FOR THE PERIOD FROM THE ORGANIZATION OF THE CORPORATION ON FEBRUARY 2, 1932, TO SEPTEMBER 30, 1940, INCLUSIVE JANUARY 6, 1941.-Referred to the Committee on Banking and Currency and ordered to be printed RECONSTRUCTION FINANCE CORPORATION, Washington, January 4, 1941. The SPEAKER OF THE HousE OF REPRESENTATIVES. SIR: Pursuant to the provisions of section 15 of the Reconstruc:tion Finance Corporation Act, as amended, the Reconstruction Finance 8orporation has the honor to submit the following report covering its )perations for the third quarter of 1940, and for the period from the )rganization of the Corporation on February 2, 1932, to Septen1ber 30, 1940, inclusive. OPERATIONS-THIRD QUARTER OF 1940 During the third quarter of 1940, the operations of the Corporation Nere as follows: Banks and trust compan1.~es.-Authorizations were ma.de as follows: ive loans to aid in the reorganization or liquidation of closed banks, .vhich, together with increases in loans previously approved, aggre~ated $13,336,060.75; two subscriptions for pref erred stock of banks, tggregating $1,380,000; and two purchases of debentures of a bank tnd trust company, aggregating $45,000. Building and loan associations.-Seventeen loans ,vere authorized, tggregating $1,083,000. Mortgage loan companies.-One loan was authorized, which, to~ether with increa.ses in loans previously approved, aggregated S182,370.25. Railroads.-Six authorizations were made, aggregating $44,014,500 :including purchase of $136,000 equipment trust certificates of a ~ailroad and of its receivers, and $350,000 representing sale of a note )f a railroad, with the Corporation's guaranty). 1 i· 2 REPORT OF RECONSTRUGT'ION FINANCE CORPORATION Business enterprises (except in connection with national defense).Two hundred and one authorizations were made, which, together with increases in authorizations previously made, aggregated $8,597,323.09. National defense.-Forty authorizations were made under the Act approved June 25, 1940, amending section 5d of the Reconstruction Finance Corporation Act, aggregating $301,555,450; and 73 authorizations were made to business enterprises to aid in national defense, under section 5d of the Reconstruction Finance Corporation Act, as amended, aggregating $1,186,086.25. 1.\fining, milling, or smelting of ores.-Two loans were authorized, aggregating $320,000. Se{f-liquidating projects, etc.-Twelve loans were authorized, which, together with an increase in a loan previously authorized, aggregated $2,088,000. Drainage, levee, irrigation, and similar districts.-Nineteen loans were authorized, aggregating $1,068,660.93. . Summarizing the foregoing, 380 authorizations were made during the third quarter of 1940. These, together with increases in authorizations previously made, aggregated $374,856,451.27. Cancelations or withdrawals of authorizations made during the third quarter and previously, aggregated $21,55.5,738.92. Disbursements during the third quarter of 1940 were $94,8.59,886.18; and repayments and other reductions, $108,528,377.52. The decrease in the amount outstanding on September 30, 1940, as compared with June 30, 1940, was $13,668,491.34. OPERATIONS-FEBRUARY 2, 1932, TO SEPTEMBER 30, 1940, INCLUSIVE During the entire period from the organization of the Corporation on February 2, 1932, to September 30, 1940, inclusive, the operations of the Corporation were as follows: Banks and trust companies .-Fifteen thousand eight hundred and thirty-one loans were authorized to 7,580 banks and trust companies, aggregating $2,682,501,561.98 (including $1,347,714,400.90 to aid in the reorganization of closed banks); and 8,699 loans on and subscriptions for preferred stock, and purchases of capital notes or debentures, aggregating $1,442,412,189, were authorized. Building and loan associations .-One thousand three hundred and twenty-nine loans were authorized to 1,090 building and loan associations, aggregating $162,683,137.75 (including $25,306,796.19 to receivers of closed building and loan associations). Insurance companies.-Two hundred and nine loans were authorized to 133 insurance companies, aggregating $104,439,759.19; and 12 loans on, and a subscription for, preferred stock, aggregating $34,475,000, were authorized. Mortgage loan companies.-Three hundred and seventy-nine loans were authorized to 231 mortgage loan companies (excludes loans through mortgage loan companies to aid closed banks, and to business enterprises), aggregating $634,042,218.04; and 5 subscriptions for stock, aggregating $37,250,000, were authorized. Agricultural financing institutions, etc.-Authorizations were made as follows: 70 loans to 27 joint-stock land banks, aggregating $31,393,359.13; 250 loans to 20 agricultural credit corporations, aggregating • REPORT OF RECONSTRUCTION FINANCE CORPORATION 3 ,6 120 867.59 · 153 loans to 19 livestock credit corporations, aggre:a ting' $14,111,327.88; 187 loans ~o 106 ap~licants to aid in ~~ancing he carrying and ord~rly mark~ting of agricultural c?mmodities and Lvestock, produced in the United States, aggregating $1,690,774,78.07 (including authorizations of $1,604,712,664.99 to the Com(lodity Credit Corpor~tion) ! 57 loans to 12 Federal lan1 banks, agg:re:ating $399,636,000 (including $193,618,000 representing refinancing if loans previously made by the Corporation to Federal land banks for liff erent individual amounts, but in the same aggregate amount) ; ~ loans to 8 Federal intermediate credit banks, aggregating $9,250,000; 343 loans to 12 regional agricultural credit corporations and their ,~anches, aggregating $178,840,4?2.48 (re.discounts);. 2 loans to the ,ecretary of Agriculture to acquire cotton, aggre~ati_ng $23,500,00_0 if which $20,200,000 was canceled; and 10 authorizations to 6 apph:a nts for financing sales in foreign markets of agricultural surpluses, ,ggregating $98,445,245.68. Railroads.-Two hundred and thirteen authorizations to 86 railoads were made, aggregating $892,568,716.95 [including $17,032,.73.95 to trustees of railroads; $18,946,708 to railroad receivers; ,131,896,900 to purchase obligations of railroads (consisting of ,49,039,000 equipment trust certificates of railroads, $32,183,000 :quipment trust certificates of railroads and of their receivers or rustees, $7,000,000 collateral trust certificates of a railroad and of its ,r ustees, and $43,674,900 of other obligations of railroads); and ,5,350,000 representing guaranty of notes of railroads]. Bu.siness enterprises (except in connection with national defense).~ine thousand four hundred and thirty-three authorizations were nade to 7,850 business enterprises, aggregating $442,304,151.37. National defense.-Forty-two authorizations were made under the ~ct approved June 25, 1940, amending section 5d of the Reconstruction rinance Corporation Act, to 19 corporations (including 4 corporations :reated by the Reconstruction Finance Corporation), aggregating ,303,555,450, and 73 authorizations were made to 60 business enter►rises to aid in national defense, under section 5d of the Reconstruc,ion Finance Corporation Act, as amended, aggregating $1,186,086.25. Mining, milling, or smelting of ores.-One hundred and sixty-four oans were authorized to 133 borrowers engaged in the mining, milling, ,r smelting of ores, aggregating $15,493,100. Self-liquidating projects, etc.-One hundred and ninety-two loans 1r contracts were authorized to 176 applicants for self-liquidating ►rojects, under section 201 (a), title II, of the Emergency Relief and Jonstruction Act of 1932, as amended, aggregating $400,092,487.36; nd 171 loans to 149 public agencies to aid in financing projects .uthorized under Federal, State, or municipal law ,vere authorized, tnder section 5d of the Reconstruction Finance Corporation Act, as ,mended, aggregating $214,061,827.81. Drainage, levee, irrigation, and similar districts.-One thousand 1ne hundred and ninty-three loans to 652 drainage, levee, irrigation, ~nd similar districts were authorized, aggregating $140,653,008.39. Repair of damage by earthquake, flood, etc.-Thirteen loans to 6 1pplicants for financing repair of damage by earthquake, fire, tornado, 1r cyclone in 1933, were authorized, aggregating $\0,450,232.20; and '05 loans to 667 applicants to finance repair of damage by earthquake, 4 REPORT OF RECONS'rRUC TIO~ I•'IXANCE CORPORATION flood, or other catastrophe in 1933, 1934, 1935, and 1936, were authorized, aggregating $5,734,288.75. All other.-Authorizations were 1nade as follows: 10 loans to 7 credit unions, aggregating $642,967.80; 7 loans to 7 processors or distributors subject to processing taxes, aggregating $26,089.27; 3 loans to a State ~und for securing repayment of deposits of public moneys, aggregating $13,087,715.88; 33 loans to refinance publicschool district obligations of 31 school districts, aggregating $2,797 050 · 1 loan to a public-school authority for payment of teachers' sal~ries' in the amount of $22,500,000; and 442 authorizations to 42 States and 2 Territories for the purpose of providing funds for relief and work relief, aggregating $300,000,000. Summarizing the foregoing, authorizations aggregating $10,315,028,459.82 were made during the period from February 2, 1932, to September 30, 1940, inclusive. Of this amount, $2,215,596,711.85 was later withdrawn or canceledr and $7,522,402,615~68 was disbursed. Repayments and other reductions amounted to $5,900,801,039.30, of which $282,825,766.70 represents cancelation of the Corporation's notes, pursuant to the provisions of the act approved February 24, 1938, equivalent to the balance of the amounts disbursed for relief and work relief under title I of the Emergency Relief and Construction Act of 1932, as a1nended. This left $1,621,601,576.38 outstanding on the books of t.he Corporation at the close of September 30, 1940. In addition, the Corporation had outstanding on September 30, 1940, agreements to make a.uthorizations, totaling $552,347,174.17, upon the performance of specified conditions, as shown in table 1,. pa.rt IV. SECURITIES PUR CH .-\.SED FROM PUBLIC WORKS ADMINISTRATION, FEDERAL WORKS _<\GENCY Under the Emergency Appropriation .A.ct, fiscal year 1935, approved June 19, 1934, and the Public Works Administration Extension Act of 1937, approved June 29, 1937, the Corporation during the third quarter of 1940, agreed to purchase $5,231,250 net face amount of marketable securities from the Public Works Administration, Federal Works Agency (formerly Federal E1nergency Administration of Public Works). From June 19, 1934, to September 30, 1940, inclusive, securities having a par value of $675,276,498.90 ,vere purchased from the Administration. Of this amount, securities having a par value of $503,158,020.72 were sold at a prernium of $14,005,562.29 (including , securities having a par value of $69,872,674.30 sold to issuers prior . to maturity at a premium of $376 ,668.14) . Securities having a par : value of $140,830,604.73 were held at the close of business September 30, 1940. In addition, the Corporation had agreed to purchase, to be held and collected or sold at a later date, such part of securities having an aggregate par value of $9,403,000 as the Administration is in a posit.ion to deliver from tin1e to time. REPORT OF RECO~STRrCTION FINANCE C ORPO RATION 5 PA. YMENTS TO THE FEDERAL HOUSING ADMINISTRATOR Under section 4, title I, of the National Housing Act approved June 27, 1934, the Corpora.t.ion , during the third quarter of 1940, paid $1,000,000 to the Federal Housing Administrator. This made a total of $82,186,380.80 so paid through September 30, 1940. RURAL ELECTRI'.FIC.:\TION ADMINISTRATION To enable th e Secretary of Agriculture to carry into effect the provisions of the Rural Electrification Act of 1936, as amended, the Corporation, during the third quarter of 1940, made available an additional $100,000,000. This made a total of $246,500,000 made available under section 3 (a) of the Rural Electrification Act of 1936, as amended, of ,vhich $146 1 500,000 had been disbursed through September 30, 1940. LOANS BY DIRECTION OF CONGRESS TO THE SECRETARY OF AGRICULTURE Under the Emergency Relief Appropriation Act, fiscal year 1941, the Corporation, during the third quarter of 19-40, disbursed $10,000,000 to the Secretary of Agriculture for the purpose of making rural rehabilitation loans to needy farmers . NOTES OF THE RECONSTRVCTION FINANCE CORPORATION During the third quarter of 1940, the Corporation: Sold $200,000 series P notes; $29,000,000 series Q-2 notes; and redeemed and canceled $35,966 ,500 series Q-2 notes. Pursuant to the provisions of the act approved February 24, 1938, the Secretary of the Treasury canceled the Corporation's series Q-2 notes to the extent of $33,500 , for disbursements for allocations to other governmental agencies. As of September 30, 1940, there were outstanding $1 ,096,557,000 of the Corporation's notes , as follows : .Series Series Series Series N ____ _ __ __ __ __ __ __ __ __ __ _ __ _ ___ __ _ ___ __ __ __ _ ___ __ _ _ · $211, 4 60, 000 P __ - __ __ __ __ _ __ __ __ __ _ __ __ _ __ __ ___ __ ___ __ __ _ __ __ ___ 299, 139, 000 310, 090, 000 R __ - _ _ __ __ __ ___ _ ___ __ ___ _ __ __ __ __ __ ___ __ __ __ __ _ ___ _ 275, 868, 000 S _ _ _ _ __ ___ __ __ __ __ ___ __ _ __ _ ___ _ __ ___ __ __ _ ____ _ __ ___ TotaL _ _ __ __ __ __ __ ___ __ __ __ _ __ _ ___ __ ___ _ __ __ ___ __ _ _ 1, 096, 557, 000 TABLES The fallowing tables are attached: Table 1. Aggregate loan and other authorizations, purchases of securities from Public Works Administration, and allocations and loans to other governmental agencies by direction of Congress, by classes, from February 2, 1932, to September 30, 1940, inclusive, and commitments outstanding, by classes, as of September 30, 1940. Table 2. Aggregate loan and other authorizations, by classes, during the third quarter of 1940. Table 3. Number of authorizations, and number of new borro,,,ers, etc., to which authorizations were made, by States, during the third quarter of 1940. 6 REPORT OF RECONSTRUCTION FINANCE CORPORATION Table 4. Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, disbursements, and amount outstanding, from February 2, 1932, to September 30, 1940, inclusive, by States. Table 5. Aggregate loan and other authorizations, by acts of Congress, from February 2, 1932, to September 30, 1940, inclusive. Table 6. Total loan and other authorizations from February 2, 1932, to September 30, 1940, inclusive, by months. Table 7. Loans to aid in the reorganization or liquidation of closed banks and trust con1panies fro1n February 2, 1932, to September 30, 1940, inclusive, by States (includes loans to receivers, liquidating agents and conservators, and loans through rnortage loan companies and through a livestock credit corporation 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 co1npanies 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, 1940, inclusive; and outstanding as of September 30, 1940 (under section 304, title III, of the act approved March 9, 1933, as amended). Table 9. Loans authorized to business enterprises, from February 2, 1932, to September 30, 1940, inclusive, by size of loans, (includes loans and participations under Section 5d of the Reconstruction Finance Corporation Act, as amended; loans to borrowers engaged in the fishing industry under section 5 of the Reconstruction Finance Corporation Act, as amended; and loans to business enterprises through 1nortgage loan con1panies and banks under section 5 of the Reconstruction Finance Corporation Act, as a1nended. Does not include loans to business enterprises in connection with national defense). Table 10. Number of business enterprises to which authorizations were made; and amounts authorized and disbursed by the Reconstruction Finance Corporation, from February 2, 1932, to Septe1nber 30, 1940, inclusive, by industries (includes loans and participations under section 5d of the Reconstruction Finance Corporation Act, as a1nended; loans to borro,vers engaged in the fishing industry under section 5 of the Reconstruction Finance Corporation Act, as amended; and loans to business enterprises through banks and mortgage loan companies under section 5 of the Reconstruction Finance Corporation Act, as amended. Does not include loans t0 business enterprises in connection with national defense). Table 11. Total a1nount authorized and disbursed to business enterpri~es by Reconstruction Finance Corporation and participating banks, etc., from February 2, 1932, to September 30, 1940, inclusive, by States (includes loans and participations under section 5d of the Reconstruction Finance Corporation Act, as amended; and loans to business enterprises through mortgage loan companies and banks, and loans to borrowers engaged in the fishing industry, under section 5 of the Reconstruction Finance Corporation Act, as amended. Does not include loans to business enterprises in conn.ection with national defense). Table 12. Part I-Loans on self-liquidating projects by types of project (under sec. 201 (a), title II, of the E1nergency Relief and Construction Act of 1932, as amended) from July 21, 1932, to September 30, 1940, inclusive. Part I I-Loans to public agencies to aid in financing projects authorized under Federal, State, or municipal law by types of project (under sec. 5d of the Reconstruction Finance Corporation Act, as amended) from April 13, 1938, to September 30, 1940, inclusive. Table 13. Nu1nber of banks and trust companies to which loans were authorized, and amount authorized, under section 5 of the Reconstruction Finance Corporation Act, as amended, by size of cities or towns, from February 2, 1932, to September 30, 1940, inclusive. Table 14. 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, 1940. Table 15. Stateinent of cash receipts and expenditures January 1, 1940, to September 30, 1940, inclusive (Corporation's accounts with Treasurer of United States). Table 16. Statement of condition as of the close of business September 30, 1940. Respectfully, Chairman. R. CooKSEY, Secretary. EMIL SCHRAM, GEORGE 1.-Aggregate loan and other authorizations, purchases of securities from Public lVorks Administration, and allocations and loans to other governmental agencies by direction of Congress, by classes, from Feb. 2, 1932, to Sept. 30, 1940, inclusive, and commitments outstanding, by classes, as of Sept. 30, 1940 TABLE PART 1.-LOAN AND OTHER AUTHORIZATIONS : BANKS AND TRUST COMPANIES 2 Authorizations Withdrawals or cancelations Disbursements Repayments and other reductions 1 Outstanding as of Sept. 30, 1940 Loans to aid in the reorganization or liquidation of closed banks: To receivers, liquidating agents and conservators __ _______ ________ ___ . ____ Through mortgage loan companies____ ___ ________ ____ __ _ _____________ ___ Through a livestock credit corporation __ ___ __ ___ ·-- - --------------- -- ---On assets of closed banks, under sec. 5e of the Reconstruction Finance Corporation Act, as amended __________________________________________ $1,133,161,430.63 122,299,023.96 400,000.00 $282,047,411.95 18,982, 26i. 63 78,357.12 $844,753,818.39 103, 316, 761. 33 321,642.88 91,853,946.31 34,600,569.55 47,265,005.28 Total, to aid in the reorganization or liquidation of closed banks _____ Loans to open banks 2______ ______ _________ _ _ _ _ _ __ ___ _ __ ______________________ Loans on preferred stock _______ ___ ____ _____ __ __ ___ .. ___ _______________________ Subscriptions for preferred stock _________________ _______ _________ __ __________ Purchases of capital notes or debentures _________ ____________________ __ ______ 1,347,714,400.90 1,334,787,161.08 53,098,525.76 955,453,313. 24 433,860,350.00 335, 708, 601. 25 196,502,916.88 7,649,225.00 75,549,257.44 90,549,500.00 995,657,227.88 ], 138,233,619.27 45,449,300.76 851,027,055.80 343,295,850.00 960,063,316.20 1,074,458,856.90 14,775,250.63 416,093,292.64 244,388,148.00 315, 593, 911. 68 63,774,762. 37 30,674,050.13 434,933,763.16 98,907,702.00 4,124,913,750.98 705,959,500.57 3,373,663,053.71 2,709,778,864.37 663,884,189.34 Grand total, banks and trust companies 2______________________________ $824,630,663.26 $20, 123. 155. 13 ~o, 741,917.49 12,574,843.84 321,642.88 ---------- --- ------44,369,092.57 2,895,912.71 ~ ~ 8 0 ~ ~ tzj (1 0 ~ U1 ~ q ~ H 0 z i:%j BUILDING AND LOAN ASSOCIATIONS H Loans: Receivers and liquidating agents ______________ __·______________ _______ ____ Other ____________________________________ ____ ____________________________ $25,306,796.19 137, 376, 341. 56 $22, 352, 231. 92 12,741,743.69 $2,954,564.27 119,535,999.05 $2,579,282.85 115,313,984.89 $375, 281. 42 4,222,014.16 Total, building and loan associations __ __________________ ~ _____ _________ 162,683,137.75 35,093,975.61 122,490,563.32 117,893,267.74 4, 597, 295. /58 z z0> trJ 0 0 ~ INSURANCE COMPANIES ~ 0 I,oans-Direct _______________ ____ _____________ _____ ________________ _________ _ Loans on preferred stock _____ ____ ________________ _________________ ___ _______ _ Subscription for preferred stock ______ _________ _____ __________ ___________ __ ___ $104, 439, 750. 19 34,375,000.00 100,000.00 $13,746,540.38 Total, insurance companies _________________ ___________ ______ ____ ____ __ 138,914,750.19 13,746,540.38 $90,693,209.81 34,375,000.00 100,000.00 $88,517.436. 92 8,424,982.78 125,168,209.81 96,942,419. 70 $2,175,772.89 25,950,017.22 100,000.00 28,225,790.11 ~ ~ H 0 ~ See footnotes at end of table. ~ !.-Aggregate loan and other authorizations, purchases of securities .from Public Works Administration, and allocations and loans to other governmental agencies by direction of Congress, by classes, from F eh . .~, 1932, to Sept. 30, 1940, inclusive, and commitments outstanding, by classes, as of Sept. 30, 1940-Continued TABLE PART 1.-LOAN AND OTHER AUTHORIZATIONS-Continued ~ M MORTGAGE LOAN COMPANIES 3 ""j -- Authorizations Withdrawals or cancelations Disbursements Repayments and other reductions 1 Outstanding- as of Sept. 30, 1940 - - -- - - - Loans-Direct ___ ___ __ ___ ___ ___ _____ _____________ _____ __ - -- - - - _- - - - - - - - - - - -- Loans to The RFC Mortgage Company ___ __ ________________________________ Loans to Federal National Mortgage Association _________ ______________ ______ Subscription for stock of The RFC Mortgage Company __ ________ _____ _____ __ Subscription for stock of the Federal National Mortgage Association _________ Subscription for stock of other mortgage loan companies __ ___ _________ .. ______ Total, mortgage loan companies 3 ______________ __ _ _________ ___ _________ $356,711,163.90 $32,02R,497. 27 $104,034,045. 43 $242,859,225.01 $210, 830, 727. 74 143,368, 261. 03 - - - -- --- - --- - - ---- -139,218,364.86 103, 058, 231. 43 36,160,133.43 133,962,793.11 -- -- ----- -- --- - - ---108,873,652.64 70, 039,414.99 38,834,237.65 25,000,000. 00 -- - ---- - - -- - - - -- - - -25,000,000.00 -- - - - ------- - ------25,000,000.00 11,000,000.00 - ---- ----- --- ------11,000,000.00 ------- --- - - -- -----11,000,000.00 1,250,000.00 1,250, 000.00 --- - - - ------ --- - ---- - - -- -- -- - ---- ---- --- -- --- --------- --- --671,292,218.04 00 10,5, 284, 045. 43 526, 951, 242. ,51 352,723,196.82 17-i,228,045.69 0 ::0 ~ 0 ~ ~ M 0 0 '.Z En ~ ~ n~H AGRICULTURAL FI~ANCING INSTITUTIONS, ETC. H Loans to Federal land banks __ ___ __ _____ _____ __ _________ __ _______ ____ _____ ___ Loans to Federal intermediate credit banks _____ _______ ___ __ ·--- ----- ------- Loans to regional agricultural credit corporations __ _. ______________ __ ___ ______ Loans to Commodity Credit Corporation . -- - - --------- -- - --- --- - -- - -------Loans to Secretary of Agriculture to acquire cotton ______ ___ -· _____ __ ________ Loans to joint-stock land banks ____ ___________ ____ ____ _____ ____ __ ____________ Loans to agricultural credit corporations _____ __ ___ ______________ . __ __ ________ Loans to livestock credit corporations _________________ ____ ___________________ Authorizations for financing exports of agricultural surpluses _______ __ ______ __ Loans for financing agricultural commodities and Ii vestock ______________ __ ___ Total, agricultural financing institutions, etc _____ ____________ __________ $12,400,000.00 • $399, 636, 000. 00 9,250,000.00 -- - -- - - ---- --- - - -- - 178,840,452.48 5, 596, 811. 76 1,604,712,664. 99 836,995,702.78 20,200,000.00 23,500,000.00 31,393,359.13 6,726,478.93 6,120,867.59 477,249.37 14,111,327.88 1, 461, 372. 07 6 98, 445, 245. 68 46,146,368.56 86,061,513.08 66, 367, 021. 30 2,452,071,430.83 -- 996,371,004.77 4 $387, 236, 000. 00 9,250,000.00 173,243,640. 72 767, 716,962.21 3.300,000.00 24,666,880.20 5,643,618.22 12,649,955. 81 47,298,877.12 19, 644, 491. 78 1,450,650,426.06 $387,236,000.00 9,250,000.00 li3, 243,640.72 767, 716. 962. 21 3,300,000.00 21, 152, 871. 89 5,599,953.83 12,649,%5.81 47,251,981.13 19,124,819.12 I ___ ____ _______ _____ _ 0 --- -- --------- - ------- ---- ----- - - - - --- - ~ 46,895.99 519,672.66 () 1,446,526,184.71 4, 124, 241. 35 0 4 -- -- - -- -- ------ ------ ------ - ----- --- --- $3,514,008.31 43,664.39 -- - - -------- --- - - -- - ~ ~ > z n t::c:J ~ iij b RAILROADS Authorizations: Receivers and trustees ___________________________________________________ Other. ________________________________ . _____ - - - - - - - - - -- - - - - -- -- - - - - - -- - - Total.railroads __ ______________________________________________________ z ~ > 8 $75, 161,881. 95 817,406,835.00 $852, 991. 00 106,4£3, 764.89 $74,150,890.95 705, 722, 131. 11 $34, 335, 231. 00 275,498,750.53 $39,815,659. 95 4~0,223, 380.58 568, 716. 95 107,316,755.89 779,873,022.06 309, 833, 981. 53 470.039,040.53 6 892, ~ 0 z BUSINESS ENTERPRISES (EXCEPT TO AID IN NATIONAL DEFENSE) Loans ___ ___ ___ _____ ____________ __________ __ __ ____ ________ ____________ __ __ ___ _ ~ Purchases of participations ____ _______ _______ ___ _______ ____ ______ _______ ____ _ ~ Agreements to purchase participations ___________ ___________________________ _ ~ Loans through mortgap.:e loan companies and banks __ ______ __ ____ ___ ________ _ oo Loans to fishing industry under sec. 5 of the Reconstruction Finance Corporation Act, as amended __________ ________ ______ __ ___ ____ ___ __________ __ _____ _ 7 $323, 005, 160. 38 8 25, 872, 123. 02 g 76, 027, 392. 97 16, 589, 775. 00 $86,933.628.60 9,129,449.05 38,969,787. 08 10,773,278.50 $209,499,385.74 16,015,284.18 3,952,618.14 5,816,496.50 $91,075,476.24 9, 252, 831. 43 610,955.31 5, 163, 021. 12 809. 700. 00 90,025.00 719,675.00 679,523. 98 442, 304, 151. 37 145,896,168.23 236,003,459.56 106,781,808.08 l ~ I Total, business enterprises (except to aid in national defense) _________ _ 10 $118, 423, 909. 50 6,762,452.7 5 3,341,662.8 3 653,475.3 8 40, 151. 02 - 129, 221, 651. 48 : 6 ~ H 0 ~ NATIONAL DEFENSE Authorizations for national defense under the act approved June 25, 1940 (amending sec. 5d of the Reconstruction Finance Corporati m Act): Loans ___ __ __ ___________________________________________ _ --- ----- --- ----Purchases of participations ____ _________ ____ _______ ____ ___ ------ - - - - - ----Agreements to purchase participations _____ _________ __ ___ ·------~---- ----Purchases of capital stock of corporations created by the ieconstruction Finance Corporation to aid in national defense ___ ____ __ --- - - - ---- ---- - Total, national defense under the act approved June :5, 1940 ________ _ Authorizations to business enterprises to aid in national defe nse under sec. 5d of the Reconstruction Finance Corporation Act, as amen ded: Loans ________ ______________ __ __ ______ ____ ___ __ _______ ____ ---- -- ------ --- Agreements to purchase participations _____ _______ ____ __ -- -- ---- -- -----Total, business enterprises to aid in national defense __ ------ - ------ --Grand total, national defense ________________________ __ ·---- - ---- -- -- -- ~ ~ l.l II $294,056,200.00 $4,844,385.81 $139,500.00 $4,899,716.35 $55,330.54 163,000.00 ---------------- --- - --- - - - --- -- --------- ------ -- -- ---------- ---- ---------- - - ---336,250.00 15,000.00 -- - --- -------------- ------- - - - - ------ -- - ----- ------ - - - - - -- -9,000,000.00 ---- ---------------303,555,450. 00 154,500.00 8,000,000.00 -- - - -- - ------------ 12,899,716.35 55,330.54 8,000,000.00 12,844,385.81 732, 965. 00 453,121.25 1,186,086.25 304, 741, 536. 25 148,442.88 148,585.00 142. 12 38,235.00 116,250.00 - --- ---- -- - --------- -------------------- ---- ---------------148,442. 88 148,585.00 142. 12 154,485.00 55,472.66 12,992,828.69 13, 048, 301. 35 308,985.00 12 13 Q $15, 493, 100. 00 I $8, 382, 000. 00 0 z ~ H z > z 0 ~ I $6, 245, 409. 40 I $2, 663, 696. 951 $3, 581, 712. 45 0 0 ~ ~ SELF-LIQUIDATING PROJECTS, ETC. Total, self-liquidating projects, etc _____________________ ___ ______ _______ ~ q ~ MINING, MILLING, OR SMELTING OF ORES Loans on self-liquidating projects under sec . 201 (a) of the Emergency Relief and Construction Act of 1932, as amended _______ ____ ____ _____ _________ ___ _ Loans to public agencies for construction, etc., under sec. 5d of the Reconstruction Finance Corporation Act, as amended __________ ______ __________ __ z w. H H Loans, totaL ____________ ___ ____ ______ __ ________________________ ______________ ~ 0 0 ~ ~ $400,092,487.36 $32,152,846.08 $329,197,641. 28 $308, 110, 764. 11 $21,086,877. 17 214,061,827.81 13, 160, 111. 24 120,441,516.57 96,058,966.57 24,382,550. 00 I 614,154,315.17 - - - -- 1 - -- - - - - - - - 1 45,312,957.32 449,639,157.85 - - - - - - - - - - -- 404,169,730.68 ---- H H 0 z 45,469,427. 17 1 See footnotes at end of table. co • I .-Aggregate loan and other authorizations~ purchases of securities from Public Works Administration, and allocations and loans to other governmental agencies by direction of Congress, by classes, from Feb. 2, 1932, to Sept. 30, 1940, inclusive, and commitments outstanding, by classes, as of S ept. 30, 1940-Continued TABLE PART !.-LOANS AND OTHER AUTHORIZATIONS- Continued 1-1- 0 ~ tr.:l DRAINAGE. LEVEE. IRRIGATION, AND SIMILAR DISTRICTS ~ 0 Authorizations Loans,total ____________ ____ ________ __________________ __________ ______ ________ Withdrawals or cancelations Disbursements Repayments and other reductions 1 Outstandin~ as of Sept. 30, 1940 --$140,653,008.39 $90,137,095. 70 $45,594,184. 10 $6,777,209.73 $83,359,885.9 7 ~ 8 0 ~ ~ l:rJ (1 REP.,\IR OF DAMAGE BY EARTHQUAKE• FLOOD, ETC. 0 ~ Loans to repair damage in 1933 __ ___ ___ __ _____ _____ ___ ___ ~ _. __. _____ _______ ___ Loans to repair damage in 1933, 1934, 1935, and 1936 __ __ __________ _____ ___ ____ $10,450,232. 20 5,734,288.75 $1, 921, 124. 10 2, 260, 341. 53 $8, 529, 108. 10 3,473,947. 22 $8,354,306.43 2,342,638.45 $174,801.67 1,131,308.77 r:n Total, repair of damage by earthquake, flood. etc _____ ___ ______ _____ __ _ 16,184,520.95 4,181,465.63 12,003,055.32 10,696,944. 88 1, 306, 110. 44 d 8 ~ 0 8 ~ OTHER Loans to credit unions ____ _____ ________ __ _______ __ ____ __ ___ _______ ____ _____ __ Loans to processors, or distributors subject to processing taxes . __ ___ _____ __ __ Loans to State funds for securing repayment of deposits of public moneys . ___ Loans to refinance public-school district obligations. ____ _____ ___ ____ _______ __ Loan for payment :)f teachers' salaries ___________ ______ __ ________ ______ __ ___ __ Amounts made available for relief and work relief. under the Emergency Relief and Construction Act of 1932. as amended ______ ___________ ___ _____ _____ Total. other ___ . __ __ ________ __ __ __________ -____ _____ -----------------Grand total. part I (loan and other authorizations) 1 __ ___ ___ _ __ _ __ _ _ _ _ 0 z $642,967.80 26,089.27 13,087,715.88 2,797,050.00 22,500, 000.00 $42,872.01 11,371.21 23,084.70 1,856,800.00 200,000.00 $600,095.79 14,718.06 13, 064, 631. 18 565,175. 00 22,300,000.00 300,000,000.00 15,001.00 299,984,999.00 339,053,822.95 2, 149,128.92 336,529,619.03 10,315,028,459.82 2,215,596,711.85 15 7, 522, 402, 615. 68 $585,913. 21 $14,182.58 14,718.06 ---- -- --------- - -- -13, 064, 631. 18 --- --- ------- ------ 8,000.00 557,175.00 22,300,000.00 ------ --- ------ ----14 299,984,999.00 ----- ------- -------571,357.58 335,958,261.45 145,900,801,039.30 1, 621,601.576.38 Amount of pur- Amount withdrawn Amount disbursed (purchased) chases authorized or canceled Amount of repaymen ts and other reductions 1 Amount outstanding as of Sept. 30, 1940 $638,591,546.16 $522,375,224.33 $116, 216, 321. 83 $682.386,212.82 $34,425,000.00 ~ z > z 0 tr.:l 0 g 6 ~ PART II.-PURCHASES OF SECURITIES FROM PUBLIC WORKS ADMINISTRATION Grand total, part IL ____ _________ _______________________ ____ _____________ ____ ~ ~ 0 z ~ PART 111.-ALLOCATIONS AND LOANS TO OTHER GOVERNMENTAi., AUENL:IE'=' .HY UlK.l!iVl'lUN u.l'· \..iUNUK.l!il!U::I A~ount allocated Allocations for direct relief: Under Federal Emergency Relief Act of 193~--- _____________________________________________ . ___________________________ _______ . __ ___ _ Under Emergency Appropriation Act, fiscal year 1935 __________________ ____ _________________ ___ _____ __ __ ___ ____ _. _. __ _. ____ . _________ __ _ Under Emergency Relief Appropriation Act, 1935 ________ __ ___________________________________________ . _________ _________ .·. ____ _____ __ _ Total, allocations for direct relief.. __ __________ ._ ... ___ _. __ . __ _. -- __ - ___ • __ • _ . - ___ - __ • • _ __ • • _ _ _ _ - _ . ____ _ • _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ • ___ __ ___ ___ • 0 ~ $500,000,000.00 500,000,000.00 500,000,000.00 171,500,000,000.00 115,000,000.00 44,500,000.00 40,500,000.00 Total originally allocated to Secretary of Agriculture for crop loans ___ _________________________________ __________ ____________________ __ 200,000,000.00 Regional agricultural credit corporations for expenses prior to May 27, 1933 __ ____ ______ ___ ___ __ _______ ___ ______ ___ ___________ __ __ ____ __ __ Regional agricultural credit corporations for expenses since May 26, 1933. ___ . __ ___________ __ _________ ____ __ ____ __ ________ . ___ ___ _.. ____ Secretary of the Treasury to pay for capital of Federal home loa-n: banks __ _____ ____ . ______ __.. _________ __ _. __________________ _____ ______ Land Bank Commissioner to make loans to ioint-stock land banks _________ ____ _________________ ___ ______ ____ ____ ____ _____ ____ ________ _ Land Bank Commissioner to make loans to farmers ($200,000,000 original allocation reduced by reallocation to Federal Farm Mortgage 0orporation) ___ ______ ____ _______ ___ _____ ____ _____ _________ ___ ~-c- •··---- --- ------ · - --·--- -- -- - ----- - -------- ---------------- -- -- - - ---Fed~r~l Farm Corporation to make loans to farmers (reallocated from $200,000,000 originally allocated to Land Bank Comn11ss1oner) ___Mortgage ___ ___ __ _____ _____ ____ ____________________ ___ ________ ____ ____ ___ ____ _________________ ___________ __ ___ ___ ______ __ _______ _ Recretary of the Treasury to pay for capital of Home Owner<;' Loan Corporation. ______ . _______ ____ ___ ___ ______ _________ ___ . __ ___ __ _. __ Federal Housing Administrator (amount stated is amount disbursed; total allocation not limited to specific amount) _____ __ ____ ___ _____ Commodity Credit Corporation-purchase of stock. ___ __ _. ________________ ___ ___ ____ ______________ _____ . _____ _____ ______ .. ___ ____ . __ __ Disaster Loan Corporation-purchase of stock (amount stated is amount disbursed; the Corooration is required to purchase stock upon request of the Disaster Loan Corporation up to but not exceeding $40,000,000) . ___ ___ . ___ __ . _____ __ . ____ ___ . _____ . ______ __ . __ . _______ _ 3, 108,278. 64 14,842, ,500. 00 124,741,000.00 100,000,000.00 Loans : Rural Electrification Administration. __ __ _____ __ ___ __ __ ___ ___ ____ ___ ________ ___ _. ______ ______ __ _____ ____ ______ __ . __ ___ . _. _. . ___ . . __ ___ Recretary of Agriculture: .Farm rehabilitation ___ ___ . __ ______ ____ . ____ _____ ________ . ___ ______ _________ . ____ . ___. __ ___ _. ___ ____ ____ ____ ____ ____ ._._ .. __ . __ . ____ _. Farm tenants. ______ __ _. __ ____ __ _______________________ __. ____ ___ _______ ___ .. _. ______ __. ________ __ _________ ... _. __ .. . _. ... . _... _. _. Total, loans .. . --- ---- -------------------- -- --- - --- ------ ---------- ------ --- -------- ----------- -- ----------- -· ------ ··- ------- --- Administrative expense: Regional Ag-ricultural Credit Corporations. _____ __.. __ ____ . ____ _______ ___________ ___________________ _________ ________ . ____ . __. ______ ___ _ Under sec_ 1, title I. of the Emergency Relief and Construction Act of 1932, as amended __ ______ ____ ___ ____________________ _____ ___ ___ __ Interest on notes issued for funds for allocations and relief advances _____________________________________________ .. __________________ . ____ __ Grand total, part!!! ________________________________________________ __________________________________ ____ _____________ ___ ______ __ __ See footnotes at end of table. t:rJ 16$499,999,005. 72 500,000,000.00 500, 000,000.00 0 1,499,999,065.72 H Ii ~ ~ 0 Other allocations: Secretary of Agriculture for crop loans. __________ ________ ___ ________________ ______ _______ ___ _______ ___ _________ _______________________ _ Capital of regional agricultural credit corporations (reallocated from amount originally allocated to Secretary of Agriculture) ___ . ______ _ Governor of Farm Credit Administration (reallocated from amount originally allocated to Secretary of Agriculture) __ __ _______________ . Total, other allocations . __. . __.. _____ __ ____ ... _. _. ____ __ __ __. ___ __ _ IAmount disbursed 115,000,000.00 44, 500,000. 00 40,500,000.00 I 200,000,000.00 3,108,278.64 14,277,102.92 124,741,000.00 l 8 2. 600, 000. ()() I t:rj ~ trj l) 0 z w H ~ Cj r.; 145,000.000.00 8 55,000,000.00 200,000, 000.00 82, 186, 380. 80 97,000,000. 00 55,000,000. 00 200,000.000. 00 82, 18fi, 380. 80 97,000,000. 00 0 24,000,000.00 24,000,000. 00 145,000,000. 00 1,045,878,159.44 I ~ 947,912,762. 36 z ~ 1--C z > z ... (.• t::J 240, soo.000.00 I 14o, ,500. ooo. oo l~g:888:888:281 -- --- -- ~~~~~~~~~~ 421,500.000. 00 I 156,500,000.00 116,186.58 126,871. 85 33,177,419.82 116,186.58 126,871.85 33,177,419.82 3,000,798,637.69 2,637,832,306.33 <'i g ~ 0 ~ > r-3 1--C 0 .Z ~ ~ !.-Aggregate loan and other authorizations , purchases of securities from Public Works Administratio n, and allocations and loans to other governmental agencies by direction of Congress , by classes, from Feb. 2 , 1932, to S ept. 30, 1940, inclu sive, and commitments outstanding, by classes, as of S ept. 30, 1940- Continued TABLE PART IV. COMMI'rMEN TS OUTSTANDIN G AS OF SEPT. 30, 1940 Banks: Subscriptions for prrferre<1 stoc k __ __ ___ __ _______ ___ ______________ ________ _______________ ___________ - - --- -- - -- ----- - - -- -- -- -- -- -- - - -- -- - - - - - -- - - - - - - - - - -- -- - Mortgage loan companies: _____- - - -- - - -Railroads: Loans (and purchases of securities) __ ._. ___ ______ ___ _____ ___________ ___ . _________ __ _-___ _________ -- -- - - - - -- - - - - -- - - - -- - -- - - - - - - -- -- - -- - - -- - - - -- - - -- - - -- -Business enterprises (except for national defense): Loans ____ _______ ____ _____ ___ _____ __________ __ ___ __ ____ ____ __ __ . __. ____ . ________ ______ ___ . ___. ___ _ __ ___ ___ . ___. ______ ___ ______ __.._ ______ ________ _______ ______ 19 Purchase of a participation __ __ ___ _____ ______ ____________ __ __. ___. __ . ____.. ___ _. _. __.. ______ _________ _. _ ________ _____ . . _. ____ _. .. __ __. __ ___ __ . _.. __________ Agreernentstopu rchase participations _______ _____ __ -- - - -- ---- ·- · · · _____ __ ___ ___ _______ _____ __ ___ ____ ___ ___ ____ ___ ________ __ __ _ ·- · ····- · -· -- ·· National defense (under the act approved Junr 25, 1940): Loans for national defense___ _______ . ________________ ___ . ___ . .. __ . _ ____ __ _. _. _ . . _. . . . . .. . _. __ _. _. _ __ __ _. . - . -. - Purchase of capital stock in corporations created by the Recomt.ruction Finance Corporation to aid in nati onal di:'fense __ ______ ___ __. _ _____ . __. . ...... __. _. __ . . _ Self-liquidating projects, etc.: Authorizations to public agencies for construction , ete., under sec. 5d of the Ret onstru ction Finance Corporation Act, as amended __ IY4U) _. 0 outstanding H $850, 000.00 ~. 000, 000. uo 88,425,97fi . OO 104, 139, 302. 50 2, 500, 000. 00 12, 282,666. 67 278,047, 855.00 11 , 000,000. 00 15,601, 375. 00 552,347,174.17 - -- Part I. Loan and other authorizations __ __ ___ ____ ______ ___ ____ ______ _ -------- $10,315,028,459.82 Part II. Purchases of securities from Public Works Administration __-------682,386,212. 82 Part III. Allocations and loans to other governmental agencies by dire ction of Congress __ _________ ___ __ __ __ __ ___ __ ______ _____ ___ _____ ________ ____ _ $2,215,596,711 . 85 34,425,000.00 $7,522,402,615. 68 638,591, 546. 16 97,400, 000.00 2,637,832,306.33 Amount of disbursements Amount of repaymen ts and other reductions 1 Amount outstanding as of Sept. 30, 1940 --- Grand total __ ___ ____ _____ ______ ______ __ _______ __ _____ ________ __ ------ -- iTj ~ t_Tj 0 0 z w H ~ ~ ("'-, ~ H 0 H Amount of withdrawals or cancelations 3,000,798,637.69 0 ~ -- - Amount of authorizations, alloeations, and commitm e nts outstanding -------- ~ ~ HLIMMAH.Y OF TABLE l Total ____ __ ___ _____ ___ __ ____ _______ _______ ___ __ _______ ________ _ Part IV. Commitments outstanding __ ___ ____ ____ _____ ____ __________ _---- -- --------- ~ Amonnt of commitments :~o. ooo. ooo. uo lr:e ~~~ -~~~:~~~~~~~~= ~ ~~:~ :~~~::~::::~:::::: :::::~ ::::::::~~:::::::: ::::::::::::::::: ::~::~ :::::::::~:::~~ ~~:~~ ~:~~:~~~~~~~~~ ~~:~::::~===~=~~: 7,500,000. 00 ~~~~~~=~~ ~:~ Agricultural financing institutions, etc.: Loans for financing exports of agricultural surpluses . _______ _____ ____ _____ ___ _______________ _____ ___ __ ___ __ ___ :lo, t-.:) ~ [Conditional agreements to make loans, or other authorizations, upon the performance of specified conditions] Grand total, part IV, (commitments outstanding as or St1pt.. ~ ~ ;;i..- z 0 t_:rj 0 $5,900,801,039.30 522,375,224.33 $1,621,601,576.38 116, 216, 321. 83 2, 480, 267, 731. 79 157,564,574.54 20 13,998,313,310. 33 2,347,421 , 711.85 10,798,826,468.17 8,903,443,995. 42 1,895,382,472. 75 552,347,174.17 - - - - - - - --- -------- - - --- - -- ----- - ------- - ---- ---- ---------- -- ·· - - - --- - -- -- ----- --14,550,560,484.50 2,347,421,711. 85 10,798,826,468.17 8,903,443,995.42 1,895,382.472. 75 I 0 ~ 6 :,j ~ H 0 z Does not include loans through banks to business enterprises. · Docs not include loans through mortgage loan companies to aid closed banks, and to business enterprises. Includes $193,618,000 representing refinancing of loans previously made by the Corporation to Federal land hanks for diffnent, individual amounts, but in the same aggregate amount. s Of this amount, $5,000,000 n•pres('nts revolving credits established in October 1939 to aid in financing the exportation of cotton, and $74,290.4G represents increases by reason of repayments in connection with the revolving credits. This authorization was eligible under sec. 201 (c) of Emergency Relief and Construction Act of 19:32, and/or sec . .5d of Reconstruction Finance Corporation Act, as amended; bnt for statistical purposes it is being included in authorizations under sec. 201 (c). The Corporation has agreedunder to participate with banks under this authorization; and of the $ti,OOO,OOO authorized, $4,500,000 represents the amount of the Corporation's agreement to participate. o Does not include the following authorizations : An agreement to repurchase, and the right on the part of the purchaS('IS to resell to the Corporation an interest, amounting- to $4,150,000, in a note of a railroad sold by the Corporation (this note has been repaid and therefore, this agreement to repurchase and the right to resell has bee n canceh•d in full); a guaranty of equipment trust certificates of receivers of a railroad in the principal amount of $320,000 sold by the Corporation of which $fi4,000 has been paid, leaving $25u.OOO outstanding; and a guaranty of a not.c of a railroad in the amount of $350,000 sold by the Corporation. The aggregate outstanding amount of the 2 guaranties rderred to, therefore, is $60:),000. 7 InclU(i(is $8,930,738.71.l representing sales of participations, authorized to banks, etc.; and also includes $2,425,246.49 representing sales of the Corporation's interest in loans, in connection with which the Corporation authorized agreements to purchase participations in the amount of $2,312,180.55 8 Includes $23,878 representing purchas('s of participations which the Corporation later sold to banks, with an agreement to repurchase . 9 Does not include $2,3::rn,058.55 representing agreements to purchase participations, in loans and participations sold, as this amount is included in loans in the amount of $2,312,180.55 and in purrhaslis of participations in the amount of $23,878. 10 In addition, $11,466,0;iO.Ol was taken by banks, etc., in loans in which the Corporation authorized purchases of participations, and $~{8,0SD,341.86 was taken by hanks, etc., in loans in which the Corporation authorized agreements to purch::ise participations. 11 Includes $104,100 representing sales of participations authorized to banks, etc. 12 Includes $13,420 reprrsenting sales of participations authorized to banks, etc. 13 In addition, $37,000 was takt'n hy banks, etc., in loans in which the Corporation aut.horizcci purchas<'s of part.icipat.ions, and $:{H7,AO~U.'i was t.ak<'n hy hanks, nte., in loans in which thr Corporation authorized agref'ment.s to purchaserparticip ations. 11 Includes $17,159,232.30 rf'prcsenting rep:wments anct other reductions by States and political subdivisions; and $282,825,766.70 representing cance la.t.ion oft.he Corporation ·snot.es, pursuant to the provisions of the act approve.ct Feb. 24, 1938, eq uiYalent to t.he balance of t.he amoullts disbursed for relief and work relief under tit.le I oft.he Emcrgrncy Rt-1liC'f ancl Construction Act of 1932, as amended. 15 In addition, npon certification by the Federal Ern erge1cy ReYef Administrator, under the Federal Emergency Relief Act of 1933, the Corporation uisburserl $4fl9,I-\AO,OOO for reliPf. The Corporation also disbursed $349,065.72 for expens :s necessary to carry out the provisions of the above act, making a total of $499,999;065. 72 disbursed. 16 Upon certification by the Federal Emergency Relief A lministrator, under the F ederal Emergency Relief Act of 1933, the Corporation disbursed $49£l,650,000 for rPli ef. ln add it.ion, the Corporation disbursed $349,065.72 for expenses nece.~sary to carry out the provisions of the above act, making a total of $499,999,065.72 disbursed . i ; Exclusive of amounts made avg ila bk for relief and \vork rnlief under the Emergency Relit"!f and Construction Act of 1932, as amended . These amounts are shown in pa.rt I a.hove. 1~ The remaining $97,100,000 authorized to the Land Bank Commissioner to make loans to joint-stock land banks, was canceled. iP Includt'S $75,0()0 representing agrePd participations by banks, etc. 20 Of this amount, $2,443,265,306.33 represents cancclation of the Corporation's notes, pursuant to the provisions of the act approved Feb. 24, .1938, equivalent to the balance of the amount disbursed for allocations to other governmental agencies and for relief by direction of Congress and the interest paid thereon; and $37,000,000 is held by the Corporation in a revolving fund (capital of regional agricultural credit corporations) pursuant to sec. 84 of the Farm Credit Act of 1933, as amended. An additional $2,500,000 of the foregoing revolving fund is held by thr n. S. Treasury, such amount ha,·ing bPen paid subsequr.nt to thf' cancelat.ion of the Corporation's not<'s, 2 3 4 : ~ 0 ~ ~ 0 ~ ~ M r"":i 0 './. w H ~ ~ - 'J 8 ~ -. ~ 1-:rj ~ :,.... './. ,' j M G 0 ~ ~ - I"', ~ > 8 - 0 z 1-l ~ TABLE 2.-Aggregate loan and other authorizations, by classes, during the third quarter of 1940 ~ ~ BANKS AND TRUST COMPANIES - - - - - - - - - - - - - - - - - - - -- - - - - - - - - - Withdrawals or cancclations 1 Authorizations Class ----- ------ ---- 1- -- - - - - - - 1 Loans to aid in the reorganization or liquidation of closed banks: To receivers, liquidating agents and conservators ___ __ . ___ . __. __. ________ __ . _____ __ Through mortgage loan companies . __. __ __. ____ __ ____ __ . _____. __ .. ____ __. __ . ___ ___ _ On assets of closed banks, under sec. 5e of the .Reconstruction Finance Corporation -__ . -_- ... ____ ... Act, as amended _____ . _ __. ___ . __ . _. _. __... . _- . _. . Disbursements $400, 000, 00 9,233,260.46 2lti, 742. 75 I - • - - - • - - - - •• - - - - - - $2,558.64 Total, to aid in the reorganization or liquidation of closed banks _______ _______ _ 13, 336, 060. 75 616, 742. 75 2, 558. 64 Loans to open banks ___ __ __ _______ ___ . ___ ___ _______ __ _______ __ ______ ____ . _________ ____ ______ __ - _- - - -- - - _ ______ . _- _- - - -- _-_ _______ ___ __ _____ _ Loans on prrferred stock ____ ____________ ____. __ _____ . _________ _______ ________ . __. _. ___ . ____ _-_-- - - - ___ - _ -___ - - - _-- - - - . - - -_ ___ __ __ ___ _______ _ Subscriptions for preferred stock __________ ____ __. _. ___. ____ __ _____ __. ___ . ______________ I, 380, 000. 00 75, 175. 00 3, 364, 825. 00 Purchases of capital notes or debentures _. _. ___. ____ . _____ ____ ___ . _.. ____ . . . ___ _______ 45, 000. 00 __ ___ __. . _________ 30, 000. 00 Grand total, banks and trust companies __ _______ _. ____ ____. . _. _. _______ _____ . . _ 1- - - - - - -1 - - - - - - 1 14,761,060.75 Repayments and other reductions 1 2 Outstandingdecrease for the quarter 1 1-----------1---- - - - - -- 1--- ----- ---- $4, 102, 800. 29 1 691,917. 75 3,397,383.64 $2,416,302. 26 I, 162, 377. 65 $2,416,302. 26 I, 162,377.65 323,45Y. 72 320,901.08 3.902, 139. 63 1,446, 677.07 310,448.80 9,476,295.46 3,650,816.73 3,899,580.99 1,446,677.07 310,448.80 6,111,470.46 3,620,816. 73 18,786,377.69 15,388,994. 05 BUILDING AND LOAN ASSOCIATIONS ~ ~ ~ 0 ~ 8 0 "Tj ~ ~ Q 0 z tn r-3 ~ d Q r-3 1-1 0 Loans: ReceiYers and liquidating agents ____ ___ ___ __ _________ _____ ________________ ____ _____ Other _____ ____ ____ ____ _______ _____ ___ ___ ____ _____ __ ____ __ ___ ____ _____ __ ____ ___ ___ __ Total, building and loan associations __________ __ ________ __ __ ______ _____ __ ___ __ ___ z - - - -- --- - ----- - - -- $1,083,000.00 $508,533.12 $44,599.09 213,856. 72 508,533.12 258,455.81 -- - ---- ---- -- --- -- - - -- --- --- - - - -- -- - $93,800.93 - 1,083,000.00 93,800.93 I 3 $44,599.0 9 294,676.4 0 3 250,077.31 ~ 1-1 ~ > z 0 trj INSURANCE COMPANIES 0 Loans, total ------- ---------- - - - - -- - ---- - -------- --- - --- - ----- --- - - -- - -- ----- ---- - - --- -1 ---- -- ------- --- -- I- ---------- - -- ---- I- - ---- - --- - --- - -- - I $155,554.04 I $155,554.04 -'-------- Loans, direct _____ _____________ __ ___ ________ _____ __ ___ _______________ ______ _____ __ _____ $182,370.25 $110, 000. 00 Loans to The RFC Mortgage Company ____ __ ____ ___________________ __ ___________ ____ _ -------------------------------Loans to Federal National Mortgage Association ______ ______________ ____________ ____ __ ----- ------- ----- - -- ---------- --- -- 182,370.25 ~ ~ 0 ~ MORTGAGE LOAN COMPANIES Total, mortgage loan companies _______ ______________________ __________________ __ 0 110,000.00 $2,866,118.61 $250,000.00 4,075,069.23 ], 964, 756. 98 7,176,567.32 --- ------- ------- 11,501,636.55 4,830,875.59 $2, 616, J18. 61 3 2, 110, 312. 25 37,176,567.32 3 6, 670, 760. 96 ~ 0 z 1-1 AGRICULTURAL FINANCING INSTITUTIONS, ETC. Loans to joint-stock land banks _________________ ____ __ ______________ ________________ ___ -----------------$71,349.87 ---------- ------ -Loans to agricultural credit corporations _________ ___ _______________ ___ ____ _______ ___ ___ ----------------------------- -- ---- ------ -- ----- Loans for financing agricultural commodities and livestock ___ __ ________________ _______ _ ----------- ---- --- ---------------- - ---- ------- - -----Total, agricultural financing institutions, etc ____ ___ _________ _________________ ____ ------------------ 71,349.87 --------- -------- - $200,736.91 250.00 5,154.00 $200,736.91 250.00 5,154.00 206,140.91 206,140.91 : 6 ::0 ,-3 RAILROADS 0 Authorizations: Receivers and trustees ____ ___ __ __ ________ __ __ ____________ ___ __ ________ _______ _____ _ Other ____ ________ ___ _________________________ __ _________ __ __ ____ __ ___ __ __ ______ ____ Total, railroads ________ ____ ______________ ___ ________________ ___ ____ ______ ____ ____ ~ $136,000.00 ------- --- ------ -43,878,500.00 $350,000.00 $486,000.00 47,825,957.80 $15,128,000. 00 39,001,123.47 $14,642,000.00 3 8, 824, 834. 33 44,014,500.00 48, 311,957. 80 54,129,123.47 5,817,165.67 350,000.00 ~ t_Tj (J 0 ~ BUSINESS ENTERPRISES (EXCEPT U1 To Arn IN NATIONAL DEFENSE) ,-3 Loans ____________ _____ ___ _____ ___ ___ _____ __ _____ ___________________________________ ___ $7,141,778.90 4 $6, 342, 830. 59 $2,670,819.08 Purchases of participations ________ ___________ ___ _____________ ____ ______ __ _____ ___ ____ _ 521,100.00 16,200.00 165,062. 68 Agreements to purchase participations _______ ____ _________________ ___ - _______ - - __- _- ___ 441,175.57 1,733,392.50 3,070,967.25 Loans through mortgage loan companies and banks _________________ __ ______________ ___ --- ------------- -- ---- -- ---- ----- - -- ----- -- -- - - ----- -Loans to fishing industry under sec. 5 of the Reconstruction Finance Corporation Act, as amended _____ ____________ ___ ______________ ____ .. ____ _________ __ ___ ____ __ ____ ____ _____ -------------- - -- - -- ------- ------------- - ------ -- ---Total, business enterprises (except to aid in national defense) ________ ______ ______ See footnotes at end of table. 8,597,323.09 5,757,986.33 7,748,017.15 $9,009,582. 96 795,240.05 162,127.68 2,868.65 $1,867,804. 06 630,177.37 3 279, 047. 89 2,868.65 25,555.09 25,555.09 9,995,374.43 2,247,357.28 ::0 d 0 8 ~ 0 z ~ ~ z z0> trJ 0 g 6 ~ > H ~ 0 _z ~ ~ TABLE 2.-Aggregate loan and other authorizations, by classes, during the third quarter of 1940-Continued I---'- ~ NATIONAL DEFENSE Class Withdrawals \ Disbursements . cancelat.ions or 1 Authorizations ---------------- --------- - -------------- 1-- - ---------1----Authorizations for national defense under the act apnroved June 25, 1940 (amending sec. 5d of the Reconstruction Finance Corporation Act): Loans . __ ___ __ _____ __ __ __ ___ _______ ____ _- __ _-- -- - .. - - - - - - - - -- - - -- -- -- - - -- - -- - - - -- -- - Purchases of participations __ _. __ ___ __ ______ ___ ___ ____ ___ _- ___-- ___- - _- - - - - - -- - - -- - Agreements to purchase participations _______ ____ __ ___ ___ ______ _____ __ ____ ___ __ __ _ Purchasps of capital stock of corporations created by the Reconstruction Finance Corporation to aid in national defense . ______ ____ __ ____ ______ ________ __ ___ __ __ ___ _ 5 i294, 056, 200. 00 163,000.00 336,250.00 ----1-- --------1---- - - - ---1---- -- - - - $13\J,500.00 $4,899,716.35 $55,330.54 3 $4, 844, 38.5. 81 15,000.00 I tr:l rij 0 ~ 0 ~ 7,000,000.00 8,000,000.00 3 154. 500.00 12,899,716.35 55,330.54 38. 235.00 116,250.00 148,585.00 142. 12 3 8, 000, 000. 00 12, 844, 38.5. 81 ~ 0 z w r-3 302, 741, 536. 25 1 3 15i, 485. oo I 148.585.oo I 142_ 12 I 308,985.00 I 13. 048. 301. 35 I 55.472.66 I ====== 148, 442. 88 ~ ~ (J 148, 442. 88 ~ 12, !)92, 828. (39 0 3 3 H z ~ 1\.-IINING, :MILLING, OR SMELTING OF ORES Loans. total ___ _____ ____ ___ ________ __ __ ___ __ _____ __ _______ ______ _______ __ ____ __ ____ __ ___ ~ ~ - --- - -- - - 1, 186, 086. 25 Grand total, national defense ____ _.. ________ ___ ____ ____ ____ _.. ____ ____ . __________ Repayments and\ Outstandingother reductions 1 2 derrease for the quarter 1 r-:l Total, national defense under the act approved June 25, 1940 ___ . ____ ___ _____ __ _ 301,555,450.00 I====== Authorirntions to business enterprises to aid in national defense under sec. 5d of the Reconstruction Finance Corporation Act, as amended: Loans _______ ___ .. _.. ____ __ __ _. ___ __ _____ __ _______ ___ __ ____ ____ ___ ____ __ . . ... ____ . . . . 6 732. 965. 00 Ag-reements to purchase participations ... __ . ____ _. ___.. __ __._ . __ __. . __ . ____ __ __. . __ 453. 121 . 25 Total, business enterprises to aid in national defense ________ __ __ . __ ___ ___ . ___ _._. 1 \ H 320,000.001---- ---- --- -- -----1 274.000.00 I 175.000.00 ~ I 399,000.00 > z () l:Tj SELF-LIQUIDATfNG PROJECTS, ETC. n ' L oans on self-liquidating projects under sec . 201 (a) of the Emergency Relief and Construction Act of 1932. as amended _______ _____ . .. _____ __ _.. _ . _____ __ _. ___ _. _________ . _ - - -- --- -- - -- - - - - -- -- - - - -- ·--- ---- - L oans to public aP.;encies for construction, etc., under sec. 5d of the Reconstruction Finance Corporation Act, as amended _____ ____ __ ___________ __ ____ ________ ____________ __ 2, 088,000. 00 487,743.84 Total, self-liquidating projects, etc. ________ ______________ _____________ __ _______ __ 2,088,000.00 487,743.84 $1,512,000.00 $157,388.07 8,033,756.16 18,957,874.52 10,924,118.36 9,545,756.16 19, 115, 262. 59 9,569,506.43 3 $1,354,611.93 See footnot~s at end of table. $1,068,660.93 I $13,449,455.20 ~ ~ 0 ~ ~ H DRAINAGE, LEVEE, IRRIGATION, AND SIMILAR DISTRICTS Loans , total _____ ________ _______ ____ ______ ____ _____ ______________ _________ ____________ _, 0 0 $524, 300. 41 I $760,473.97 I z $236,173.56 REPAIR Oi' DAMAGE BY EARTHQUAKE, FLOOD, ETC. ~ t~~~~ ~~ ~:g:f~ g:~:~~ I~ i~~t -1-93-1,- i93s: a-nci -1ii6: =================================== =: =::::: =:: ======:I===:===:========== I==============:== = . ~ ~ $7,977. 82 51,809.54 59,787.36 59,787.36 ~ t1'j ~ 1 I I Total, repair of damage by earthquake, flood, etc_ - ------------------------------ ------------------ ------------------J------------------ $7,977.82 51,809.54 0 ~ OTHER r--:3 Loans to credit unions - -- - - - -- -- -- - - -- -- -- - - - - -- -- -- - - - - - - - - - - - --- -- - - - - - - - - - - - - -- - - - -1--------I Loans to refinance public-school district obligations ______ ______ __ _______________________ ____ ___ _: == == ==== --- -- -$234,-500.-00Total, other_ __________________ _________________ -- - _________ _____ ___ - - -- - - - - - ____ -1-___ -----_--__ ----1 Grand totaL ______________________ _________________ _____ __ ______________________ - I 1 $374,856,451. 27 $479.00 234, 500. 00 __ . _______________ 21,555, 738. 92 - $94,859,886. 18 479. 00 $479.00 479.00 108,528,377. 52 ,_ _ __34 _ 13,__ 668, 491. 0 ~ H ,,,w t=J (J 0 ~ These amounts apply to loans authorized prior to July 1, 1940, as well as to loans authorized during the third quarter of 1940. Exclusive of repayments unallocated, pending advices, as of Sept. 30, 1940. 3 Increase. • Includes $192,328.68 representing sales of participations authorized to banks, etc. 5 Includes $104,100 representing sales of participations authorized to banks, etc. 6 Includes $13,420 representing sales of participations authorized to banks, etc. 1 Authorizations made prior to July 1, 1940, were rescinded during the third quarter of 1940, as follows: Banks and trust companies, $425,000 (to aid in the reorganization or liquidation of closed banks); business enterprises, $15,000; a purchase of a participation in a loan to a business enterprise, $15,000; agreements to purchase participations in loans to business enterprises, $17,000; a loan on the assets of a closed bank and trust company, $9,159,366.01; loans to or for the benefit of drainage, levee, irrigation, and similar districts, $972,1 60.93. Such rescissions have not been deducted from the authorizations shown above for the third quarter of 1940, inasmuch as they applied to loans authorized during previous quarters. 1 2 w ,-3 !':d cj (J H 1-1 0 z ~ 1-1 z > z 0 t1'j (J 0 ~ t:o 0 ~ ;;, r-3 0 1-1 z 1--'- -l 18 REPORT OF RECONSTRUCTION FINANCE CORPORATION. TABLE 3.-Number of authorizations, and number of new borrowers, etc., to which authorizations were made, by States, during the third quarter of 1940 1 GRAND TOTAL Number of authorizations 2 State Number of new borrowers 2 State Number Number of auof new thoriza- borrowtions :i ers 2 ---Alabama. _______________ __ __ _ Arizona ______________________ Arkansas ___________________ __ California ______ ________ ______ Colorado _____________________ Connecticut ____________ - _- - _Delawar~- ----------- --------Di-,trict of Columbia ____ ___ __ Florida ____ ______________ _____ Georgia _______________ ________ Idaho ___ ____ __ _______ ___ __ ___ Illinois ______________________ _ Indiana ______________________ Io·wa _________________________ Kansas _________________ ______ Ken~~cky ____________________ Lomsiana ______________ ___ ___ Maine ________________________ Maryland ____ ____ ______ ______ Massachusetts __________ __ ____ Michigan _____________ _____ ___ Minnesota ___________________ _ Mississippi_ ___________ __ ___ __ M issourL ________ ___________ _ Montana _____________________ Nehraska ____________________ _ Nevada ________________ __ ___ _ New Jersey _____________ -- -- - New Mexico __________________ New York ____________________ North Carolina_ . _____ _______ _ North Dakota __________ ______ 9 3 10 18 12 4 1 1 16 14 5 9 6 7 6 8 1 1 7 12 12 7 2 7 10 6 2 1 1 IO 8 3 4 5 6 6 5 ----------1 4 8 7 6 2 9 6 4 2 6 9 1 5 2 28 1 18 3 21 12 7 6 Ohio ___________ ______________ _ Oklahoma __ _________________ _ 0 reg on _______ __________ ____ __ Pennsylvania _________________ ___ ____________ South Carolina Dakota ________ __ ____ __ South Tennessee ______ -- - _____ -- __ - Texas ________ ___ _____________ U tab _____ ______ _____________ . Vermont _____________________ Virginia ______________________ Washington _______________ __ _ W ~st V1~gm1a __________ __ __ __ W 1sconsm __________________ _. Alaska _______________ __ ______ 2 Authorizations: Loan to the Metals Reserve Company a ___ . __ Loan to the Rubber Reserve Company 3___ __ _ To railroads (including receiver and trustee)3 __ . Purchases of capital stock of corporations created by the Reconstruction Finance Corporation to aid in national defense a_ Grand total. _________ 6 5 3 15 2 2 11 3 2 1 5 2 21 13 3 1 4 -------- .... - 21 2 Total ___________________ 2 10 1 2 2 3 12 2 4 2 ---------- 365 214 1 1 1 1 6 1 7 2 380 219 2 BANKS AND TRUST COMPANIES LOANS TO AID IN THE REORGANIZATION OR LIQUIDATION OF CLOSED BANKS AND TRUST COMPANIES [Includes loans to receivers 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 Gorporation Act, as amended] Louisiana ____________________ _ Michigan ____________________ _ Ohio ________________________ _ Pennsylvania _______________ _ Total __________________ _ 1 ---- ------ - 2 1 1 5 ----------- TOTAL-SUBSCRIPTIONS FOR PREFERRED STOCK, AND PURCHASES OF DERENTURES, OF BANKS AND OF A TRUST COMPANY [Under the act approved Mar. 9, 1933, as amended] State - Nebraska ___________________ ! __________ New York. ____________________________ Total ____________________________ Bee footnotes at end of table. Number of authorizations 2 Net number of Number of Duplica- banks and trust banks and trust Le~s:tions 4 companies 2 companies 2 2 2 2 2 4 4 4 2 -------------------------------------------- -- REPORT OF RECONSTRUCTION FINANCE CORPORATION. 19 3.-Number of authorizations, and number of new borrowers, etc., to whfrh authorizations were made, by States, during the third quarter of 1940 1 -Contd. TABLE BANKS AND TRUST COMPANIES-Continued SUBSCRIPTIONS FOR PREFERRED STOCK OF BAN KS [Under the act approved Mar. 9, 1933, as amended] Number Number of banks of auand trust tborizacom2 tions panies 2 State New York ____________ _______ _ 2 State Number Number of banks of au- and trust thorizacomtions2 panies 2 2 PURCHASES OF DEBENTURES OF A RANK AND OF A TRUST COMPANY [Under the act approved Mar. 9, 1933, as amended] Nebraska _____________________ ! BUILDING AND LOAN ASSOCIATIONS LOANS TO BUILDING AND LOAN ASSOCIATIONS [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] Number of authorizations 2 State Number of new borrowers 2 State ----New Jersey ___________________ Utah ______________________ ___ 16 1 11 1 TotaL _________ . --- -- - _- 17 12 Number Number of auof new tboriza- borrowtions 2 ers 2 MORTGAGE LOAN COMPANY LOAN TO A MORTGAGE LOAN COMPANY {Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] Texas _________________________ l 1 1-----------11 RAILROADS AUTHORIZATIONS TO RAILROADS (INCLUDING RECEIVER AND TRUSTEE) (Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] Total a__________________ l See footnotes at end of table. 6 20 REPORT OF RECO~,STRUC'TION FINANCE CORPORATION 3.-Number of authorizations, and number of new borrowers, etc. to which authorizations were made, by States, during the third quarter of 1940 1 -Contd. TABLE B US INESS ENTERPRISES (EXCEPT IN CONNECTION WITH NATIONAL DEFENSE) TOTAL-AUTHORIZATIONS TO BUSINESS ENTERPRISES Loans and participations in loans under sec. 5d of the Reconstruction Finance Corporation Act, as amended] State Alabama __________ ___ _______ _ Arizona ______ ___ _____ __ ____ __ Arkansas ________ ____ _- -_-- - -California __ ______ __ ___ - __ - - - _ Colorado _________ - - - - - - __ - -- Connecticut ______ - _- -_- ___ - __ Delawarn __ __________ ___ __ ___ _ District of Columbia ___ _____ _ Florida ______ __ ___________ ___ _ Georgia ______________________ _ Idaho ___________ ___ ______ _- _Illinois ____________ ____ - - - - -- Indiana ____ __ ___ - - _- -- - - -- - -Iowa _______ . ________ ______ __ _ Kansas __________ _______ _____ _ Kentucky _________________ - - Maryland ________ - --- _- - -- - - Massachusetts ________ - _- __- -Michigan ____________________ _ Minnesota ________ - __________ _ Missouri _______________ ___ __ _ Montana _____ - - - - - - - -- - - _- __ - Number of authorizations Number of new borrowers 6 6 1 1 3 3 3 3 3 2 8 2 1 1 1 1 1 10 5 12 6 1 ---------- 3 3 2 3 2 2 2 7 2 5 5 8 5 2 ---- ---- -- 4 5 1 2 5 3 1 2 Number Number of auof new thoriza- borrowtions ers State Nebraska ____________________ _ Nevada ______________ __ _____ _ New Jersey __________________ _ New 11exico _________________ _ New York _________________ __ _ N ortb Carolina ______________ _ North Dakota _______________ _ 0 hio _____ - - - - - - - - - - - - - - - - - - - - 0 klahoma ____ ________ __ _____ _ Oregon _________ __ ____ _____ __ _ Pennsylvania _____ __ ___ ______ _ South Dakota __ ___ ____ ___ ___ _ Tennessee ______ - ____ -__ - - . - -Texas __ .. __ ___ _____ __ ___ _____ _ U tab _____ __ _____________ ____ _ Vermont ___ _________________ _ Virginia __ __ _________________ _ ~ ~shing;ton _________________ _ vv 1sconsm _____ ______________ _ 1'otal __________________ _ 5 1 7 23 7 6 6 6 3 9 9 I 4 4 l 4 22 4 I 6 4 2 -------- 3 l I 11 216 1 ---------1 -- ------ -3 2 17 10 2 1 rot 113 NATIONAL DEFENSE LOANS , AND PARTICIPATIO NS IN LOANS , FOR NATIONAL DEFENSE UNDER THE ACT APPROVED JUNE 25, 1940 (Amending sec. 5d of the Reconstruction Finance Corporation Act] New York ___________________ _ A la barn a ____-- - - - - -- - - - - -- - - - l Connecticut__-- -- - - - - - --- ---Illinois ________ - -- - - - - -- -- - -- Iowa __ __ _______ ___ _______ ___ _ Kentucky ____ - _- - - - --- - -- - - - Massachusetts ____ - - - - . - -- -- -Nebraska _____ ________ _______ _ New Jersey ___ __-- -- - ---- --- -- 2 2 1 1 --- - -- - --4 5 1 3 5 Metals Reserve Company 3 ___ Rubber Reserve Company 3 __ 1 1 1 1 Grand totaL __ ________ - 33 17 l 3 1 0 hio _____ ___________________ _ P~nI?srivania ________ ______ __ _ V1rg1n1a ___ __________________ _ Washington __________ ______ __ Tota) _____________ __ ___ _ 6 3 1 1 2 l 1 ----------l ---------- 31 15 I PURCHASES OF CAPITAL STOCK OF CORPORATIONS CREATED BY THE RECONSTRUCTION FINANCE CORPORA TION TO AID IN NATIONAL DEFENSE, UNDER THE ACT APPROVED JUNE 25, 1940 {Amending sec. 5d of the Reconstruction Finance Corporation Act] Metals Reserve Company 3 ___ Rubber Reserve Company 3 __ Defense Plant Corporation 3 __ D efense Supplies Corporation 3 _______________________ Total ___________________ See footnotes at end of table. 4 1 1 -------------------1 1 1 7 2 REPORT OF RECO~STRUCTION FIKANC'E CORPOR~\TION. 21 3.-1.V umber of authorizations, and nurnber of new borrowers, etc., t.o which authorizations were made, by States, during the third g no.rt.er of 1940 1 -Contd. TABLE BUSI~ESS ENTERPRISES (EXCEPT IN CONNECTION WITH NATIONAL DEFENSE)-Continued LOANS, AND PARTICIPATIONS IN LOANS, TO BUSINESS ENTERPRISES TO AID INN ATIONAL DEFENSE, UNDER SEC . 5d OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED State Number of authorizations Number of new borrowers 2 1 Alabama ______________ ___ ____ Arizona __ __ ___ ________ _____ __ Arkansas __ ___ ___ __ _______ ____ California __ . ____________ __ __ _ Colorado ____________________ _ Florida. ___________________ ___ Georgia _______________ ______ _ Idaho ______ __ ____ __ __ __ ____ __ Illinois ____ _______ ____ _______ _ Indiana_ ______ _____________ _ Iowa ______ ____ _______ ___ ___ __ Kansas ______________________ _ Maine _________ ____ ___ _______ _ Maryland _________ _______ ___ _ Massachusetts _____ ____ ______ _ 1 1 3 2 6 3 2 8 4 3 2 2 2 2 1 2 3 4 1 1 3 4 4 1 ~ 5 I Number I Number . of au- of new State thoriza- borrowI _____________ \ tions __ers__ M !chigan __ ___________________ 1 Mmnesota ____ __ _________ ___ _1 M!ssissirpL ___ - -- -- - - - - -- - - -M ISSOUrI _ ________ __ __ _ ______ _ Nebraska ______________ ______ _ New York _____ ___ _______ ____ _ 0 reg on ____ ___ ______ _________ _ South Carolina ____________ ___ Tennessee __ ___ ________ ___ ___ _ Washington __ __ ________ __ ____ W~st Vi~ginia _____ _____ _____ _ 21I 1 ii 1 6 3 1 1 3 2 2 2 2 1 73 60 W ISCOnsm _ ____ - - - - - - - - __ - __ - Total___ __ _________ -1 I 2 1 1 5 1 6 2 1 1 2 MINING, MILLING, OR SMELTING OF ORES LOA~S TO BORROWERS ENGAGED IN THE MINING, MILLING OR SMELTING OF ORES [Under sec. 14 of the Act approved June 10. 1934, as amended] Alaska _____________________ --1 2 l----------11 SELF-LIQUIDATING PROJECTS, ETC. LOANS TO PUBLIC AGENCIES TO AID IN FINANCING PROJECTS AUTHORIZED UNDER FEDERAL, STATE OR MUNICIPAL LAW [Under sec. 5d of the Reconstruction Finance Corporation Act, as amended] Arkansas _____ __ _____________ _ Florida ______________________ _ Mississippi_ _________ - _______ North Carolina ___ _______ __ __ _ South Carolina ____ ____ _____ __ 1 1 3 3 1 1 1 1 I 1 Texas _______________________ _ Utah __ ___ __ _______ __________ _ 4 2 1 I TotaL ___ __ ___________ _ 12 DRAINAGE, LEVEE, AND IRRIGATION DISTRICTS LOANS TO DRAINAGE, LEVEE, IRRIGATION, AND SIMILAR DISTRICTS [Under the Emergency Farm Mortgage Act of 1933, as amendedJ Arizona _____ . _______________ _ Arkansas ______ ______________ _ California ___________________ _ Idaho _______________________ _ Illinois ______________________ _ 1 1 ---------3 1 2 7 2 1 22 2 2 21 2 I Montana. ________________ ___ _ Oregon ______________________ _ To ta L _____ __ __________ _ 2 1 ---- - ----3 19 4 "Borrowers, etc.," represents applicants to which loans and other authorizations have been made. Certain authorizations made prior to the third quarter of 1940 were completely rescinded during the third quarter; and such rescissions have not been deducted from the number of authorizations or the number of n~w borrowers during the third quarter, inasmuch as the authorizations were made in a prior quarter. 3 Not mcluded in the State totals shown above, because the operations of the borrowers, etc., ordinarily are not confined to any one State. • Duplications in the number of borrowers arise in cases where the Corporation makes authorizations to a bank or trust company under more than one of the classifications under sec. 304 of the act approved Mar. 9, 1933, as amended. ~ 22 REPORT OF RECONSTRUCTION :B.,INANCE CORPORATION 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, disbursements, and amount outstanding,from Feb. 2, 1932, to Sept. 30, 1940, inclusive, by States 1 TABLE GRAND TOTAL State Number of authorizations Num-1 ber of Amount authorborized rowers Amount withdrawn or canceled Amount disbursed Amount outstanding as of Sept. 30, 1940 2 -- -Alabama _____ ____ _____ . _ 614 $6,168,478.05 $37, 07,5, 133. 20 $44,970,102.75 376 $9,079,653.07 Arizona _________ __ ______ 12, 8M, 728. 10 12, 611, 279. 95 25,907,400.63 157 101 6, 152.938.64 Arkansas _______ ____ ____ 12,704,770. 29 55,837,297.43 ,584 69,009,305.39 863 19,507,224.68 California ____ ____ _______ 1, 119 62. 754, 447.95 623,729,965.60 736,057,013.76 661 96,846,922. 85 Colorado __________ ______ 7,485,150.28 22,216,587. 94 30,031,655.78 429 311 5,831,363.87 Connecticut_. ____ ______ 5, 770, 971. 24 31,868,533.38 38, 038,271.24 213 330 9,548,806.08 Del ~ware ________ ___ ___ _ 2,337,200.00 1,149,700. 00 ~.514,400.00 33 30 231,072.25 5,515,362. 09 37,815,444.01 District of Columbia ___ _ 32,236,292.50 73 2,318,951.52 lCO Florida _____ ____ ___ --- -· 7, 2-18, 148.09 24,911,883. 93 36,341,861.37 309 675 9,892,612.25 Georgia . _______ . ________ 1, 201 8, 2ti3. 01'.i. 88 41,799,051.43 32,316,786.59 920 7,560,315.58 Idaho ______ __ _____ _____ _ 303 2, 4--10, 823. 56 16,135,683.94 13,160,336.29 170 3,155,608. 10 Illinois ____ __. ____ __ ___ __ 2, 15E 1, 325 67,731,112.34 389,315, '263.60 4.57, 994, 154. ~~ 61,180,012. 83 Indiana ___ ________ ---- -- 1,078 16,R28,873.01 86, 702, .">36. 54 69,353,458.44 770 10, 744.077.06 Iowa ______________ ____ .. 1,180 15,218, 031. 67 75,393,677.82 90,794,062.33 763 4,657,985.27 Kansas _________________ 4,737,530.87 22,421,917.29 17,512, 8fi7. 74 .550 712 4,124,038.87 Ken_t~cky _. _. ___ __ ____ _ 785 13, 481, 341. 41 54,967,528. 61 40,546,090.97 C>34 7, 116. 908. 68 Lomsiana. ________ _____ _ 88,807,519.40 135, 861. 374. 91 223,422,335 .60 740 382 21,715,184.96 l\faine __________ ___ _____ 11, 197, 810. 58 89, HH, 359. 02 67,911, 315. 71 129 230 6,602,519.55 Mar yland. _______ ______ 16, 511, 637. ,58 129,506,703.41 152_, 909, 158. 53 42.5 291 26, 403,583.19 Massachusetts _______ ___ ,505 17,132,787.66 105,237,793.38 86,753,600.61 675 16, 411, 318. 77 Mich iirnn _________ ____ __ l, 587 551, 910, 787. 31 112, 75~, 023. 86 435, 689, 901. 99 911 17.681,~09. 62 Minnesota ____ ··- ________ 1,067 6,857,722.31 35,968,249.82 43,0~9. 793.50 7:36 6,664,992.23 Mis<;i-,sip pi _____ __ ______ ,543 5,38<J,OS7.G4 8fi 11 61, 764,69905 50,544,312.99 15, 148, \)52. 44 Missouri_ __ . __________ •. 1,331 141,062,576.38 36,570,844.61 98,729,657.14 883 23,097,937.72 Montana __ _______ ______ 17, 272, .599. 78 2,013, 772. 17 14,779,084.81 390 237 2,732,484.90 Nebraska _____ ___ _______ 1,401 27,441,383.40 4,589,648.19 470 22,409,907.60 5,030,507.93 Nev 8-d a_ . _____ ___ _______ 4, 515. 580. 82 11, 245, 919. 42 8, 71.5, 338. 60 73 36 579,720.76 New HRmpshire ___ _____ 6,5 ~, 598,053.00 1,824. 200. 78 6,693,852.22 54 905,470.44 New Jersey . ________ ____ 1,446 291, 795, 5:n. 48 12, 713, ~1:kt •18 2-11, 421,391.34 fl.'31 98, 484. 588. ,)0 Ne"\- Mexico __ ___ _______ 1, 82fi, G38. 13 12,315,250. 06 10, 109, 047. 80 141 100 6, 078,593.36 New York ___ _____ ______ 2,196 1,538 884. 8!\4,040.34 202, 19..'3 , 855. 2.5 017,293,529.27 115, 680, llo. 75 North Carolina ____ ___ __ 78 067, 114. 45 15, J 9-1, 372. 48 733 61 567.888.40 7,387,508.02 531 I North Dakota ____ __ ____ 14,441,956.73 1. 652. 876. 45 403 298 12.677,680.01 2. 836. 631. 30 Ohio __ ______ ______ ______ 1,677 1, 650,608.882.08 140, 397, 031.13 461, 740.422.94 53,556,254.69 Oklahoma ______ __ ___ __ 28,409.640.44 494 2,472,058. 99 25,468,589.74 1,870,482.86 2731 0 reg on . ____ __ __ ______. _ 624 5, 861, 294. ,15 31,838,727.54 344 24,981,102.75 6,469,637.20 Pennsylvania. ____ ___ . __ 2,420 1, 616 79,246, 7fi6. 75 342, 9.51, 715. 18 427,.540,977.09 54, 183.383.99 Rhode Islanrl ____ . ______ 7,390, 308.43 6,461,572.29 47 35 875. 485. 76 2,032,85.5.00 South Carolina ___ ___ ___ 40, fl43 0'37. 17 299 192 6,538,421.55 33,461,407.55 3, 762,165.81 South Dakota . _________ 19,108, 799.58 476 4,240; 169.5.6 14,849,005.02 323 2, 42·6, 940. Q2 Tennessee ____ ____ ______ 544 138. 140, 551. 850 06 23, 321, 260.89 113, 313,078. 68 24,995,740.18 Texas ____________ __ _____ 1,642 1,182 160, 265, 292.55 20, 996. 35'fr 38 122,969,984.82 39,028.533.10 Utah ________ ____ _______ 23,893, 764.94 4, 531. 378. 05 18,894,903.15 2.50 157 1,970,693.64 Vermont. .. ______ - - _. __ 29,044;696.63 163 107 2, 366, WO: 27 26,636,916.36 15,766,348.89 Virginia __ ________ ______ 67.255,973.54 411 42,726,589.36 584 9,175, 698.94 9,501,800.57 Washing ton ______ ______ 3 2,187 1,400 105, 679, 912. 83 16,705,145.04 66,964,968.21 33, 753.669.42 West Virginia ___________ 49,247,215.77 537 6,682,158.87 42, 100, 511. 63 334 3,239,065.07 Wisconsin. _____________ 1,519 1,121 131,356.916. 13 20.212,227. 79 109,817,827.15 24. 200, 191. 85 Wyoming _______________ 6,755,852.00 128 68 5, 610, 561. 74 1,040,123.35 873,087.05 Alaska ____________ ______ 3,181,100.00 25 2, 127, 500. 00 17 455,284.51 1,110,000.00 Hawaii _________ . _______ 5 1,444,935.00 4 1,230,832.00 -- -- ---- -------214,103.00 Puerto Rico ____________ 41 8,053,000.00 35 1,329,939.78 818,298.67 5,196,560.22 Virgin Islands __________ 1 251,000.00 3 126,000.00 119,000. 00 125,000.00 Total _____________ 39,537 25,877 6,444,244,325.58 ,1,186,941,07?.8614,983,497,040.80 : 924,921,036.17 rnsl ---See footnotes at end of table. REPORT OF RffiCONSTRUCTION FINANCE CORPORATION. 23 4.-N·umber of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelat1:ons, d1:sbursements, and amount outstanding, from Feb. 2 , 1932, to Sept . 30, 1940, inclusive, by States 1Continued TABLE GRAND TOTAL-Continued State Number of authorizations Number of Amount authorborized rowers Amount withdrawn or canceled Amount disbursed Amount outstanding as of Sept. 30, 1940 2 ---AUTHORIZATIONS f Loans to The RFC Mortgage Company __ 18 Loans to Federal National Mortgage Association_. _____ . _....... 4 Loans to Federal land banks... _. _. _. ___ ..... 10 57 Loans to Federal inter• mediate credit banks .. 8 Loans to regional agricultural credit corporations (rediscounts).. 1,343 Loans to ra.ilr oads (includinQ" receivers and trustees) ______________ 13 213 Loa!lS to Secretary of Agriculture to acquire cotton __________ ______ 2 Loans to Commodity Crec!it Corporation. __ 28 Loans for financing exports of agricultural surpluses ________ _____ 10 Loans to, and purchases of capital stock of, corpor:itions created by the Reconstruction Financi: , Corporation to aid in national de11 fen~~-- - --------- -----Subscriptions for stock of: The RFC Mortgage Company _________ 3 Federal National Mortgage Association ... ___________ 1 Subscriptions for preferred stock of: Export-Import Bank of "\\'ashington ____________ 4 Second Export-Import Bank of D. cWashington, ________ _________ 1 --------- ------- $139, 218, 364. 86 $36, 160, 133. 43 108,873,652.64 70, 030, 414. 09 387, 236, 000. 00 -----------------------------·- 1 $143,368, 261. 03 1 133,962,793.11 ---------------- 399, 636, 000. 00 $12,400,000.00 12 11 11 8 9,250,000.00 --- ------------- 9,250,000.00 12 178,840,452.48 5, 596, 811. 76 173,243,640.72 ---------------- 892,568 716. 95 107,316,755.89 779,873,022.06 470,039,040.53 1 23, 500,000. 00 20,200,000.00 3,300,000.00 1 1,604,712,664.99 836,995,702.78 98, 445, 245. 68 46,146,368.56 47,298,877.12 46,895.99 4 249,000,000.00 ---------------- 10,395,055. 27 10,395,055.27 1 25,000,000.00 ---------------- 25,000,000.00 25,000,000.00 1 11,000,000.00 ---------------- 11,000,000.00 11, 000,000. 00 1 99,000,000.00 ---------------- 74,000.000.00 74,000,000.00 1 2,500,000.00 ---------------- 2,500,000.00 ---------------- 86 -Grand total.. __ 6 13 12 41,240 26,013 10,315,028,459.82i2,215,596, 711.85 See footnotes at end of table. --------------·767,716,962.21 ---------------- 5 IS 7,522,402,615.63 1s l ,621,eOl,576.33 TABLE 4.-Nuniber of authorizations and borrowers, to which authori zations were made; and amount of authori zations, withdrawals or cancelations, dis bursements, and amount outstanding, f rom Feb. 2, 1932, to S ept. 30, 1940, i nclusive, by Statcs1-Continu ed ~ ~ BANKS AND TRUST COM P ANTE S ~ trj ~ 'l'OTAL-LOANS TO BANKS AND TR UST COMPANIES (Loans to open hanks and trust companies, and loans to aid in the reorgan ization or liquidation of closed banks and trust companies] 0 ~ State labama _____ ____________ __ ___ __ _______ _____ ___ _.. __ _____ ___ __ __ rizona . . __________ _______ ___ ____ __ ______ __ ___ _____ ___________ _ rkansas ___ ____ ___ ___ ___ ___ ___ __ ____ ___ ____ ____ ___ ____ ____ ___ _ alifornia ______ ___________ : ___ ___ __ _____ ___ ___ _____ _________ ___ olorado ____ __ ___ __ _______ _______ __ ______ ______ __ _____ ________ _ onnecticut _____ _____ ____ ________________ _____ ____ __________ __ elawRre ____ ______ ___ __ _ ______ ___ ____ _____ ____ _____ _____ __ ____ istr ict of Columbia _____ _____ _____ ___ __ ____ ___ ______ __.. _____ __ lorida __ ____ ______ ____ __ _____ ______ __ _____ ___ __ ____ __ ___ ______ eorgia ______ __ ___ __ ____ ____ ______ _____ ____ _____ _______ __ __ __ __ laho . ________ ____ __ ___ ___ __ ____ _______ ___ ______ ___ ___________ _ linois ___ ___ ___ _____ _____ _______ __ ___ _________ _______ __ __ I ld iana______ ___________ __ _____ ___ ___ ___ ____ _______ _____ __ ___ _____ __ _ I wa ____ _____ _____ ____ ___ _____ __ ___ ____ . __ _____ _______________ __ I ansas __________ ___ __ ___ ___ __ _____________ ____ ___ ________ ___ __ entucky ____,, ___ _____ ___ __ __ _____ _____ __ _____ _______ _______ ___ Juisiana ____ ______ __ ___ ____ ______ _____ _____ _____ ___ ___ ________ :aine ___ ______ ___________ ___ __ ___ ______ ___ ___ __ _______ __ __ __ __ :aryland ___ _______ ___ _____ ______ __ __ ____ ___ __ __ ______ __.. __ ___ :assachusetts ___ ____ ___ __ ___ ___ ___ _______ _______ _____ ___ ___ __ _ j~1::ls~~a= ==== ============= === ===__=~== == === === == :ississippL ____======= ___ ___ == ___=== _____ ____ ______ === ___ _____ _________ ____ [issouri _______ ___ ___ ___ ________ __ __ _______ _____ ___ ____ ___ ___ __ :on tan a __ _____ ____ ___ __ _____ ____- ___ . __ - - - - _- _. - - - -- - _- - • - - - ebraska ___ ______ __ _____ _____ __________ ___ ________ _____ __ ___ __ evada_· --- - - - - -____ - -- -____ - - --_____ -- - --______ - - - - - -- -- -____ - ---_____ - -- --____ ------ --_ ew Hampshire ___--____ ____--___ ew JerseY --- - --- -~- ----_____ -----__--- -- - -- - -- - -- -______ - --- --__- -__ewMexico ___--______ ____ __ -___ __ -______________ ew York ___ _______ ____ __ ___ ____ ______ ____ ___ ____ _____________ orth Carolina __ ____ _____ ____________ __ ___ ____ ____ ____ _____ ___ N orth D akota ___ ___ ________ __ ______ ___ __ __ __ __________ ____ ____ Net number Number Number L ess: of b an ks of banks of Duplica-· an and trust d trust au t horitions s comcomzations pan ies panies ~ Amount authorized 15 1 287 100 1,270 509 880 299 380 376 117 158 144 948 559 257 625 99 462 37 18 387 31 429 247 186 J.59 20 171 181 81 34 3 39 120 162 54 721 309 544 195 194 1.58 42 92 68 502 321 144 368 57 245 15 13 171 20 223 133 113 21 4 13 19 6 4 ------ --- 14 10 16 4 109 32 41 28 15 26 9 1,5 6 116 32 15 53 5 49 4 -- -- -- --20-3 29 13 4 Amount disbursed - - - -- - 138 16 158 162 75 30 3 25 110 146 50 612 277 503 167 179 132 33 77 62 386 289 129 315 52 196 11 13 151 17 194 120 109 A mount out.st andin g as of 8( p t. 30, 1!)40 2 0 ttj ~ f:tj -- 316 39 315 42·9 132 80 3 104 Amount withdrawn or canceled $13, 995,042.74 2,061,300.00 27, 808, 040. 66 128,652,870.24 5,528, 043.50 19, 998, 217.73 257,000.00 31, 225, 001. 41 8,959, 397. 83 13,154, 675.00 6,0.59, 856. 72 220, 983,186. 24 48, 179, 374. 00 63, 025, 367. 33 8,889,029.24 20, 780. 857. 60 124,381,113. 35 61 , 827,134. 02 66,294,405.96 n8, 401 , 848. 32 438, .569, 430.51 13,889,526.26 18,463,259. 36 62, 981, 502. 84 3,120,987. 51 8, 095, 800. 43 8, 242. 232.49 1, 794, 000. 00 89,897,892. 30 2,032,773. 54 121,379,215. 93 39, 322,626. 47 8, 212, 878. 73 $3,894, 041. 75 187,048. 27 5,828, 689. 39 8, 1n. 571. 08 1, 147, 426. 81 2, 569,703. 55 8,000.00 3, 022,536. 01 3, 938, 182.78 2,866, 075. 38 801, 733. 85 34,893, 155. 94 9,768,418. 87 8, 550, 461. 07 l , 860, 458 . 51 3, 451 ,468. 31 33, 664, 252. 69 7, 880,254.21 9,178,745. 12 8,717,853. 35 97, 134, 993. 11 3,555,582. 54 2,615,628. 19 22, 128,918. 27 405, 874.04 1,516, 286. 03 846, 599. 74 356,139. 92 16, 026, 352. 78 617,776.26 20, '119,822. 70 10,300, 829.87 1, 079,678. 70 --$10,101,000. 99 1, 874, 251. 73 21, 971, 327. 96 119,879, 299. 16 4, 380, 616.69 17, 428, 514. 18 249, 000.00 28,202, 465. 40 5, 021 , 215.05 10, 288,599.62 5, 25~, 122. 87 186, 083,630.30 38,410, 955.13 54,474, 906.26 6,977,945. 80 17, 329,389. 29 87, 039, 060. ~7 53,94G, 879. 81 57, 11 5, 660.84 59, 683,994. 97 340, 483,455. 24 10,333,943. 72 15,847, 631.17 40,852, 584. 57 2, 715,113.47 n, 579, ,514. 40 7,395,632. 75 1,437, 860. 08 73,871,539.52 1,414, 997. 28 100, 1,5H, 893. 23 29, 021,796.60 7, 133,200. 03 --- -- - - - -- -- - -- 0 $178,752.32 --- --- -- -763, 468. 27 20, 434 . 78 2, 804. 09 419, 469. 24 -- -- - -- - - - 364, 849. 60 161,834. 95 535,841. 61 ---- -- -- - - 44,335, 001 . 89 174,748.40 10, 871. 41 39,431.33 36,029. 87 12,980, 931.11 65.81 702, 045.00 4,430, 932.72 10,024, 764. 21 27, 057.67 123,253. 46 1,217,589. 80 ----- - - - -- ---- ------ 0 z w. ~ ~ 0 ~ H 0 z ttj H z z('.)> trj l) 0 ~ 6 ~ ~ 192, 158. 3n 55,753.03 H - --- - - - --- - 0 2, 986, 494. 90 3, 171.64 7, 941,722. 70 25,098.40 319, 004. 51 z Ohio ________________ __________________________________________ _ Oklahoma ___ ______ ________ ________ ____ _______________________ _ Oregon ___ _____ ____ __ _____ _____ _________ _________ _________ ____ __ Pennsylvania _________ ___ ______ __________ _______________ ___ ___ _ Rhode Island ___ _______ __ __ ___ _____ __ ____ _____________________ _ South Carolina _______ _____ __ _____ ____________________________ _ South Dakota ___ __________ ____________ ___ ____________________ _ oo Tennessee ______ ____ _____________ ___ __ _________ ____ ________ ___ _ ~ ~ ~ l ii~~~~~~=== == ======= ==== ============ === === === ================== I ~fi{~;;~~:~::::::::::: :::::::::::::::::::::::-:::::::::::::: j,j:,,. West Virginia ___ ____________ __ __ _______ _______ __ _____ ____ __ ___ vVisconsin ___ ___ ___ __ ______ ____ _______________ _______ ______ ____ Wyoming ___ _______ ___ _____________ ______ _______ _____ ______ __ __ Alaska ______ __ ___ __ ___ ___ ___ _______ _________ _______ _____ ____ __ _ Hawaii __ ___ ______ ___ _____ _____ _____ ___ ____ _______ _____ __ ___ __ _ Puerto Rico ____ __ _______ ____ _______ __ _______ ______ _______ __ ___ Total ____ ____ __ ____ ___ ____ __________ ____ _______ ______ ___ _ 531 312 229 1,125 7 119 277 433 530 95 86 235 391 300 735 41 2 2 7 15,831 302 33 14 147 13 94 600 70 2 ---------61 7 18 165 219 21 19 277 58 2 37 --- ------ 8 125 18 166 17 155 507 58 18 1 2 ------ ---2 ------- - - .. 5 ------ ---8,614 --1,034 269 133 81 530 2 54 147 198 258 56 37 ll7 148 138 449 17 2 2 5 7,580 95,241,639.72 392,651,182.37 1,527,452.81 5,145,324.53 1,856,700. 93 10, 156, 801. 13 52,001.012. 41 219,337,659.65 260,160.26 1, 911, 855. 76 2,917,790.92 23,771,946. 13 1,184,120. 76 5, 458, 591. 56 6,456,646.67 73,117,431.50 5,416,436.39 37,479,766.21 2,482,932.46 9,336,387.52 2,218,289.77 ll,314,09G.63 3,380,989.68 20,350,808.67 13,010,620.41 42,679,179. 91 3,685,000.57 25, 089, 355.84 11, 688, 326. 50 43, 097, 711. 89 290,041.53 1,480, 574.42 100,000.00 -- -------- -- -----14,103. 00 850,000. 00 372,694.25 2,703, 000.00 288,2 61,176.64 3, (] 17,871. 72 8,3 00, 100.20 166,8 67,147.24 1, 651,695.50 20,8 54,155.21 4,2 74,470. 80 66,6 60,784.83 32,0 63, 329.82 6,8 53,455.06 9,0 95,806.86 Hi, g69,818.99 W,6 68,559.50 21, 404,355.27 31,4 09.385.39 1, 196, 532. 89 100,000.00 835, 897.00 845,305.75 532, 211, 518. 13 2, 133,8 90,847.15 2,682,501,561. 98 39,384.92 3,675.02 2,141,397. 45 165,348.47 l, Oll, 349. 16 195,594.08 1,805,856.51 4,224,355.30 184,976.51 ---- ----- - - 62,209. 13 1,225, till. 87 222,522. 60 12, 751. 95 ~ ~ 0 ~ H 0 ~ ~ t-:j n 0 99,368,674.05 z w H ~ See footnotes at end of table. ~ Q H H 0 z ~ i,--. z ~ z0 t::j (j 0 ~ ~ 0 ~ ~ H H 0 z ty c.n 26 REPORT OF RECONSTRUCTION FINANCE CORPORATION 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, disbursements, and amount outstanding,from Feb. 2, 1932, to Sept. 30, 1940, inclusive, by States 1Continued TABLE BANKS AND TRUST COMPANIES-Continued LOANS TO OPEN BANKS AND TRUST COMPANIES [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] State Number of authorizations Num-1 ber of banks and trust <.;Ompanies Amount authorized Amount withdrawn or caneeled Amount disbursed Amount outstanding as of Sei. t. 30, 1940 2 ---Alabama __ ____ . __ .. ____ . Arizona ___ ._. __ . ________ Arkansas _______________ California. ______ . ___ . ___ Colorado ______________ ._ Connecticut. ______ ._ ... Delaware _______________ District of Columbia ____ Florida ____________ .... _ Georgia _____ ____________ Idaho _________ __________ Illinois. _________________ Indiana_. _____ __ ______ ._ Iowa ____________________ Kansas _________________ Kentucky _____ ....... __ L omsiana_ .. . _____ . _. ___ . _ Maine __________________ Maryland. __ . __. _______ Massachusetts. ____ . ____ Michigan ______ _________ Minnesota ______ . ______ . Mississippi. ____________ Missouri ____________ . ___ Montana .. ____ . ________ Nebraska _______________ Nevada ___ ______________ New Hampshire._._ .. __ New Jersey _____________ New Mexico ____________ N ew York ____ __________ North Carolina _________ North Dakota. _________ 0 h io _. ____ ... ___ ........ Oklahoma. _____________ Oregon ________ . ____ . ___ Pennsylvania ___ . _______ Rhode Island ___________ South Carolina _________ South Dakota ____ . ___ .• Tennessee_ ... ____ . _. __ . Texa~-- -------- - ------Utah ___________________ Vermont. __ ... _______ . _. Virginia ___ . ____ . ____ . __ Washington_. __________ West Virginia ___________ w·1sconsm . __ .. _.. ___ . _. _ Wyoming _. ______ . __ .. __ Alaska .. __ .. ________ . ___ Hawaii. __ . _____ . _____ .. Puerto Rico ____________ $7,713,930. 28 1,596,800.00 16,742,188.05 111,337,704.09 3,588,593. 30 16,667,217.73 257,000.00 14,560,660.06 2,136,025.56 7,931,679.52 2,431,456.72 153, 193, 291. 21 20, 560, 071. 28 44,193,665.13 5, 192,329.24 10,592,496.37 72, 553,601.47 18,145,157.52 52,526,345.68 68 32,683,000.00 38 302 109,457,862.07 8,120,679.13 239 114 10,942,299.42 262 45,366,775.47 1,981,787.51 48 144 4,044,695.16 5,037,667.92 9 12 1,294,000.00 128 56,934,402. 39 13 1,154,300.00 59,145,679.10 131 88 24, 105, 974. 99 5,571,534.75 77 181 123,632,925.80 93 2, 114, 103. 38 76 6,185,080.88 334 86,675,095.03 1 500,000.00 33 13,859,502.83 101 2,913,859. 00 177 51, 863,412. 18 221 24,579,724.80 40 4, 648, 112. 00 31 9,964,296.63 106 12,830,608.67 133 19,584,293.90 93 11,842,215.68 395 29,363,984.76 13 1,301,074.42 2 100,000. 00 2 850,000.00 3 1,218,000.00 246 105 24 12 232 130 334 . 144 81 58 74 30 3 3 61 24 59 42 210 105 81 45 661 393 271 185 654 433 120 184 284 151 321 128 60 23 115 75 504 419 211 427 85 321 25 17 266 24 226 166 110 278 232 192 614 2 62 166 355 415 67 73 198 316 175 569 32 2 2 5 ---Total .........••.. 10,586 5,839 1, 334, 787, 161. 08 See footnotes at end of table. $808, 371. 66 2,250.00 1,783,123.16 5,625,444.09 705,455.48 1,894,469.07 8,000.00 485,587.62 193,370. 48 595,206.96 437,527.12 14,636,023.62 2,474,790.69 5,107,729.05 666,171. 07 572,921.92 22,286,785.28 3,706,203.05 6,848,983.31 3,633,742.81 28,811,892.34 613,422.82 1,059,626.24 17,743,212.73 175,253.27 323,838.83 114,000.75 316,542.23 4,117,430.04 478,622.64 6,414,538.49 3,861,672.92 147,682.90 24,063,555.67 96,584.08 1, 166,010.54 4,998,934.09 4,375.00 994,271.84 82,903.41 4,859,433.25 3, 601, 352. 65 58,830.31 1,933,489.06 2, 056, 771. 47 9,673,913.91 348,239.92 5,423,020.26 104,541.53 --------------14,103.00 372,694.25 196,502,916.88 $6,005,558.62 $123,149.69 1,594,550.00 ---------------14,959,064.89 142,578.42 105,712, 260.00 ---------------2,883,)37.82 2,804.09 14,772,748.66 419,469.24 249,000.00 ------------ ---14,075,072.44 123,000.00 1,942,655.08 33,420.16 7,336,472.56 390,000.23 1,993,929.60 ---------------138,557,267.59 42,761,906.53 18,085,280.59 ---------------39,085,936.08 6,225.76 4,475,533.24 35,985.75 10,019,574.45 ---------------50,266,816.19 1,354,872.88 14,438,954.47 65.81 45,677,362.37 ---------------29,049,257.19 ---------------80,645,969.73 6,485,869.62 7,507,256.31 4,359.99 9,882,673.18 33,422.70 27,623,562.74 1,053,632.82 1,806,534.24 ---------------3,720,856.33 72,914.08 4,923,667.17 ---------------977,457.77 ---------------52,816,972.35 853,153.52 675,677.36 3,171.64 52,731,140.61 6,168,839.80 20,244,302.07 25,098.40 5, 423, 851. 85 36,853.16 99,569,370.13 ---------------2,017,519.30 -----5,019,070.34 ---------3,675.02 187,777.52 81,676,160.94 495,625.00 ---------------12,865,230.99 ---------------61,277.73 2,830,955.59 1,727,728.54 50,003,978.93 20,978,372.15 1,387,918.27 4,589,281.69 ---------------8,030,807.57 ---------------10, 773, 8.37. 20 46,437.42 9,910,379.99 ---------------11, 493, 975. 76 222,522.60 23,940,964.50 6,630.98 l, 196,fi32.89 ---------------100,000.00 ---------------835,897.00 ---------------845,305.75 ---------------1,138,233,619.27 63,774,762.37 REPORT OF RECO~STRUCTION FINANCE CORPORATION 27 4.-~Vumber of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelat1·ons, disbursements, and amount outstanding,from Feb. 2, 1932, to Sept. 30, 1940, inclusive, by States 1Continued TABLE BANKS AND TR UST COMPANIES-Continued LOANS TO AID IN THE REORGANIZATION OR LIQ U IDATION OF CLOSED BANKS AND TRU ST COMPANIE S [Includes loans to receivers, liquidating agents and conservators, and loans through mortgage loan companies and through a livestock credit corporation to aid in the reorganization or liquidation of closed banks, under sec. 5 of the Reconstruction Finance Corporation Act, as amended; and loans on the assets of closed banks and trust companies under sec. 5e of the Reconstruction Finance Corporation Act, as amended] State NumNum - ber of berof banks au- and thor- trust iza- comtions panies Amount authorized Amount withdrawn or canceled Amount disbursed Amount out• standing as of Sept. :~o, 1940 2 ---Alahama ____ ________ ____ Arizona __ ___ _________ ___ Arkansas __. ___ _____ __ __ California __________ _____ Colorado ___ __________ ___ Connecticut ______ ______ District of Columbia ____ Florida ________ _________ Georgia ___________ ______ Idaho _ ______________ ___ Illinois ________ ______ ___ _ Indiana ____ ____ _______ __ Iowa __ ________________ __ Kansas ______________ ___ Kentucky. ___ ___ __ ___ __ Louisiana ____ __ ___ .. ___ __ Maine __ __ __ ___ __ ____ ___ Mary land ____ _______ ___ Massa('busetts ________ - _ Michigan __ ____ _________ Minnesota ___________ __ _ M!ssissiJ?pL _____ __ _____ M1ssour1 ____________ ___ _ 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 _________ ___ ___ Puerto Rico _______ ___ __ 70 15 83 95 51 6 43 92 111 19 609 238 226 115 96 55 57 43 69 444 140 46 198 14 141 12 1 121 7 203 81 76 253 80 37 511 5 57 111 78 115 28 13 37 75 125 166 9 2 54 8 41 37 23 4 15 78 57 9 328 124 111 75 43 30 19 24 30 200 82 30 106 9 101 6 1 43 7 92 45 36 12] 54 18 266 1 28 64 42 56 18 6 19 33 62 112 5 2 $6, 281, 112.46 $3,085.6i0.09 $3,195,442.37 $55,602.63 184, 79R 27 464, ."i00,00 Zl<J. 701. 73 ----- -- --------11,065,852.61 4,045,566.23 i,012,263.07 620,889. 85 17,315, 166.15 3,148,126.99 14,167,039. 16 20, 494. 78 441 , 971 . 33 1,497,478.87 ----- ------ -- --1,939,450. 20 675,234.48 3,331,000.00 2, 655. 765.52 ---•-- ----- - -- - 16, 664, 341. 35 2,536,948. 39 14, 127,392.96 241,849.60 6,823,372.27 3,744,812.30 3, 078, 559.97 128, 414. 79 2, 952, 127. 06 5,222,995.48 2,270,868.42 145,841. 38 3,264, 193. 27 ------ --- -- ----3,628, 400.00 364, 206.73 67, 789, 895.03 20, '257, 13'2. 32 47,526,362.71 l , 573,095.36 27, 619, 302.72 'i,293,628. 18 20,325,674. 54 174,718.40 18,831,702.20 3,442,732. 02 15,388,970.18 4,645. 65 1,191, 287.44 3,696, 700.00 2, 502, 412.56 3,445.58 10, 188, 361. 23 2, 878, 546.39 7,309, 814. 84 36,029. 87 51, 827, 511.88 11, 377, 467. 41 36,772, 244.18 11 , 626, 058. 23 39, 507, 92,5. 3,1 ----- ---- ------43, 681 ,976.50 4, 174, 051. 16 13,768,060. 28 2, 329, 761. 81 11, 438, 298. 47 702, 045.00 35, i18,848.32 5,081,110. 54 30,634,737.78 4,430,932.72 329,111,568.44 68,323,100.77 259,837,485.51 3,538,894.59 f,, 768,847.13 2,942,159. 72 2,826,fi87.41 22,697.68 7, 520, 959.94 l, 556, 001. 95 5, 964, 957.99 89,830.76 17,611, 727.37 4, 385,705. 54 13, 229, 021. 83 163,9M.98 1,139,200.00 230, tJ20. 77 908,579.23 ---- --- ---- --- -4,051,105.27 1, 192, 447. 20 2,858,658.07 119, 244.28 3,204,564.57 732,598.99 2,471, 965.58 ."i5, 753. 03 500,000.00 39,597.69 460,402.31 ------ ---------32, 963, 489. 91 11, 908, 922. 74 21,054, ,567. 17 2, 133, 341. 38 139, 153. 62 878,473.54 739, 319.92 --- --- ----- ----62, 233, 536.83 14, 205,284. 21 47,425,752.62 1, 772,882.90 15, 216, 651. 4~ 6,439, 156. 95 8,777, 494.53 -------------- -2,641, 343.98 931,995.80 1,709,348.18 282,151.35 269, 018, 2,56. 57 71,178,084.05 188,691,806.51 --- ------------3, 031, 221. 15 1,430,868.73 1, 600; 352. 42 39,384. 92 3, 971, 720. '25 3,281, 029.86 ---------------690,690.39 132,662,564.62 47,002,078.32 85,190, 986.30 1, 953,619.93 1,411,855.76 255,785. 26 I, 156, 070.50 165, 348.47 9, 912,443.30 1,923, 519.08 7,988, 924.22 l, 011, 349. 16 2,544,732. 56 1, 443, 515. 21 1,101,217.35 134,316. 35 18,254,0Hl.32 1,597,213. 42 16,656,805.90 78,127.97 12, 900, 041. 41 11,084,957.67 2, 836,437. 03 1,815,083. 74 4,688,275. 52 2,424,102. 15 2, 2o4. 173. 37 184,976.51 1,34!l,800.00 284, 800. 71 1,064, 999.29 -- ---------- ---7, 520, 200.00 1, 324, 218. 21 6, 195, 981. 79 15, 771. 71 19,758, 179. 51 1, 225, 611. 87 23,094,886. 01 3, 336, 706. 50 13,211, 140. rn 3, 336,760.65 9,910,379.51 ------ ----- ---- 13,733,727.13 6,265,306.24 7,468,420.89 6,120.97 185,500.00 185,500. 00 -- --- -- -- -- - - --- - - ---------------1,485,000.00 ---------- --- --- - - --- - - - - - --- - - - - - --- ------------- --Total ___ _____ _____ 5,245 2, 775 1,347, 714,400.90 See footnotes at end of table. 33.5, 708, 601. 25 995,657, 227. 88 35,.593, 911 . 68 TABLE 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, disbursements, and amount outstanding, from Feb. 2, 1.932, to Sept. 30, 1940, inclusive, by States 1-Continued ~ 00 BANKS AND 'l"'RURT COMPANIES-Continued ~ trj 'l'0TAL- L0ANS ON AND SUBSCRIPTfONS FOR PREFERRED STOCK, AND PURCHASES OF CAP!TAL NOTES OR DEBENTURES, OF BANKS AND TRUST COMPANIES M;l fUnder the act approved Mar. 9, 1933, as amended] 0 ~ Number Number of banks uf autrust thoriza- and compations nies St.at.t- l'viaine ___ ___ ____ ___ ___ ______ ______ _____ ========= _______ __ Ei~\Y~!!_ ~==______ == ====_________ ========== ========= ========= ======= Maryland __ ___ _______________ _____ _____ ________ ______ ___ _____ _ Massachusetts _____ ___________ ______ _____________ ___ __________ _ Michigan ____ _____ _________ _________ ________ __ __ ______ _______ __ Minnesota __ ____ __________ ____ ________ __________ __ _____ ____ ___ _ Montana ___ ___=== ____ __ _________==__==_________________ ___ _______ ___ = _ ~f~~~s~~f-~~~== ============ ============================= Nebraska ______ _______ _______ __ __ __ __ ____________ ___ _______ ___ _ Nrvada _____ _____ ________________ __ ___ _____ ___ ___ ___ __ ________ _ New Hampshire ____________ __ ___ _______________ ______________ _ New Jersey ___ __ ___________ _______ ___ ______ _________ ____ ______ _ New Mexico ___ _______________ _______________ __ ______ _________ _ New York ___________________ ________________ ___ ______ __ ______ _ North Carolina _______________________________________________ _ 98 6 139 154 f\3 87 15 9 65 101 35 264 347 158 232 145 205 46 79 94 224 317 290 284 80 795 4 Hi 361 25 723 148 85 6 133 142 59 43 14 8 53 96 2l:i 254 308 154 221 136 201 45 70 70 207 290 288 254 79 211 j Net numb f' r of hanKs Duplicaand trust tions 7 companies ____ , ----, Alabama _______ ___- ____ - _---- .. - - ---- --- ----- - - - - - - - -- - - - - -- ---Arizona ____________________ ____ __ ________ ___ ___ ___ _____ _______ _ Arkansas __ ____ ____ - _- _- - - - -- -- - - - -- - - - - - -· - - - - -- - - - -- -- - - -- - - - California _____ ______ _______ _____________ _____ __ - _- - -- - - - - ----- Colorado _____ ____ __ _________ ______ ___ __ ______ ___ ____ __________ _ Connecticut _____ ____ _______ ______ _____ _____ ______ __ __________ _ Delaware ____ ____ __ ___________ _____ ___________________ ____ ____ _ District of Columbia _________ ___ __ __ ___ - _- ___ - - - - -- - --- -- -- - - - Florida _____ ______ ___ ____ __ __ __________ __________ ____ _________ _ Georgia _____ ____ _______________ _______ _______ __ _______ ________ _ Idaho ______ ___ ___ _____________ ____ ___________ ___ __ __ ___ _______ _ Illinois ______ ______ __ __________ __ ____ ___ _____ _____ ___ __ ________ _ Indiana ____________ ___________ ____ _____________ _______ ________ _ Iowa _____________ _____ ______ ________ __________ ________ ____ ____ _ Kansas _____ __ ______ _______ _____ ____ ___ ______ ______ ______ _____ _ Less: , 7 ------- ---- G 4 - - -- - - -- -- 1 -- - - ---- - - --- ----- -7 1 1 2 --- ------1 -- - ----- ----- ------ 81 4 2 --- ------- 2 8 129 1 J. 19 50 4 - - - - - - - - -16 - -- - -- -- -278 30 22 ---------627 96 142 1 r-3 Amount authorized ,_ 78 6 127 138 59 42 14 8 46 95 28 252 308 153 221 136 120 41 68 76 205 282 159 2.53 60 llil 4 16 248 :.!2 531 141 Amount \Vithdrawn or cance1ect Amount disbursed _, _______ $16,493,200.00 $289,625. 00 2.5,000.00 2,455,000. 00 5,365,500. 00 946,500.00 108,423,070. 00 12,393,845.00 146,500. 00 5,040,000.CO 1,417,074.00 8,609,800.00 2, 112, 700. 00 2, 680,000.00 5,200,000. 00 2,300,000.00 2,332,200.00 131,000.00 5,897,500. 00 1,062,000.00 2,335,000.00 205, 000. 00 94,779,500. 00 3,048,385.83 18,839,250.00 1,873,000.00 2,402,000.00 12,665,000.00 6,049,250. 00 776,500.00 2,302,650.00 11, 382, 500. 00 16,607, 000. 00 1,060,000.00 2,047,500.00 11, 173, 000. 00 11,40~, 130.00 2,05£1,960. 00 20, 031,000. 00 3,356,800. 00 3,239,839. 00 43,965,100.00 18,083,125. 00 701,600.00 15,718,150. 00 1,055,000.00 25,928,300. 00 4, 893, 37-5. 00 183,500.00 4,214,000.00 970,250.00 9,593,300.00 205,000.00 -------------- ---611,365.00 1,398,000. 00 9,540, 2~3.93 106, 001, 800. 00 362,500.00 1, 077, 500. 00 75, ,531, 540. 84 412,931,200. 00 694,000. 00 8, 182, 500. 00 $16,203,575.00 2,430,000. 00 4,419,000.00 96,029,225.00 4,893,500.00 7, 192, 126. 00 ,567, 300. 00 2,900,000. 00 2,201,200.00 4,835,500.00 2,130,000. 00 91, 731, 114. 17 16,966,250.00 10,263,000.00 5,272,750.00 9,079,850. 00 15, .547,000.00 9,125,500. 00 9,348,170.00 16, 674, 200. 00 40, 725, 261. 00 17, 37R, 525. 00 14,663,150.00 21,034,925.00 4,030,500.00 8,608,050.00 205,000.00 786,635.00 94,461,516.07 715,000.00 335,522,659.16 7,488,500.00 Amount outstanding as of Sept. 30, HMO 2 0 ~ ~ ~ Q $7,426,822.96 1, 190, 400. 00 2,233,080.31 63,937,645. 91 1,652,800.00 5, 110, 951. IJO 208,700.00 1,587,800. 00 778,571.06 2,346,295.57 1,095, 200. 00 7, 911. 926. 93 8,997,460.00 4,198,235.00 2, 710, 324. 23 5,430,766.37 Fi, 534, 767. 50 4,9i6, 610. 14 6,318,952.41 6, 901, 761. 40 24,210,752. 06 6,008,775.00 6, 158, 582. 50 5,725,259.34 773,930.00 1,672,845.69 12,500.00 260,135.00 77,729,339. 20 457,000.00 67, 845, 641. 77 3,632,950.00 0 ~ tn. r-3 ~ § H 0 z ~ H z z0> (lj Cl 0 ~ ~ 0 ~ ~ 0 z H North Dakota _____________________________ _______ ________ __ __ _ Ohio ____ _______ _________ ____ ___ __ __ _________ ______ ______ _____ __ Oklahoma . __ _.. ______ .. _. _.. __. . . - . .. . . . ... ... ... _. -. ___ . . . . ___ - Oregon ______ __ __ __ _________ . - .. . -_. . -. - . - - _- . __ . __ ______ _-... _. . Pennsylvania ____. ___ __ . _____ _. _ . __ ___ _______ __ . ___ _____ ____ __ Rhode Island _____ __. _. __ ___ . ___ ____ ___ ____ _____ ___ . __ _____ __ __ South Carolina __ ________ ___... __ . ___ _____ .. ________ . _________ __ South Dakota.. _.. ___ __ ______ __ ____ ___ ____ .. _______ _.. __ .. ___ .. __ ___ Tennessee _--___ -- ----___ ----------------- ----_ 'fex~s ___ _______ _______ __ ----__ ___ ----____ __- -____ _______ __ -____ ___ ______ U ta h ___ _____ ______ ______ ____ _____ __ ___ ____ _________ __________ _ Vermont ___ ______ _______ __ ____ __________ ___ ______________ _____ _ Virginia __ ___ ______ _______ ___ __ ______ __ ___ _____ _____ __ _______ __ Washington __ . ________ __ ___ __ _____ _____ ___ ____ ____ _______ ____ _ West Virg"inia. ___ ___ __ ___ _____ ____ ________ ___ _________________ _ , visconsin _________ _______ _____ ____ ___ _______ _______ ____ ______ _ Wyoming _________ __________ _________ ____ ____ ______ ___________ _ Alaska __ _____ __ _______ _____ ____ _____ ___ ____ __________________ __ Puerto Rico . ____ _____ ___ ____ __ ____.. _____ ______ _____ _____ __ • _.. _ Virgin Islands . ___ ____________ ________ ______ ___________ ____ ___ _ ~ Tot· 1I . ___ ____ _______ ____ ________ __ ________ _______._______ _ Subscriptions for preferred stock of: Export-Import Bank of \Vashington 4_ _ _ _________ _ _ _____ __ _ Serond Export-Import Bank of Washin~ton, D. C.•. ___ __ _ Grand total_ _____________ __ ____ ______ ______________ _____ _ See footnotes at end of table. 155 461 82 61 452 5 46 143 138 467 45 62 177 118 105 _529 31 1 4 3 8,694 4 1 8,699 143 2 438 3 58 6 56 -------- -386 lJ 4 ------ ---41 - - - -- ·· -- - · 129 1 135 2 447 4 44 ---------60 ------- --164 1 112 ------ ---95 --------- 458 4 27 2 1 --- ------4 1 1 ------- --7,354 141 135 52 56 375 4 41 128 133 443 44 60 163 112 95 454 25 1 3 1 490 6,864 1 ---- -----1 - -- --- ---- 1 1 7,356 490 6,866 4,534,500.00 490,000. 00 100, 565, 764. 00 7, 133, 527. 00 11, 301, 000. 00 357,000. 00 2,300,000.00 350,000. 00 56, 286, 850. 00 10, 276, 753. 50 1,100,000.00 201,500.00 2,946,800. 00 160,000.00 4,522, 100.00 84,000.00 14, 221, 5,50. 00 1,662,500. 00 36,594,750.00 5,190,625.00 4,360,000.00 315,000.00 17, 29,5, 000. 00 ---- - -- ---------- 12,788,000.00 2,093,350. 00 8,246,500.00 1, 732, 000. 00 6,996,000.00 534,933.34 38,313,500.00 4,727,900. 00 1,687,500. 00 320,000. 00 37,500.00 ---- --------- - ---1,500,000.00 250,000.00 2.51, 000. 00 126,000. 00 1,340,912,189.00 173,747, 982.44 99, 000, 000. 00 -- - ---------- -- - - 2,500,000.00 -- -- ---------- - --1,442,412,189. 00 173, 747, 982. -14 4,044,500.00 1,984,883.43 93,432,237.00 43,482,752.29 10,944,000.00 1, 298, 858. 78 1,950,000.00 545,575.00 46,010,096.50 33,231,986.80 898, ,500. 00 625,220. 00 2, 786,800.00 1,379,900. 00 4,438,100.00 2,092,733.54 12, ,559, 050. 00 9,148,857.73 31,404,125.00 13, 104, 640. 28 4,045,000.00 1, 135, 611. 43 17,295,000.00 15,632,175. 00 10,694,fi50.00 5, 391, 078. 7,5 G, 514, 500. 00 2,423,525. 00 6, -Hll, 066. 66 2, 280, 49fi. 74 33,585,600.00 20, 747, 239. 17 1,367, !i00.00 fi24, 200. 00 37,500.00 ---- --- ------ -- --1,250,000.00 290,000. 00 125,000.00 119,000. 00 -- 1,163,272,206.56 490,515,515. 29 74,000,000.00 74,000,000. 00 2,500,000.00 - ---- --- -- - ------1,239,772,206.56 564,515,515. 29 ~ ti, ~ 0 ~ H 0 ~ ::0 f.Tj (1 0 z w H ~ q 0 H ~ 0 z ~ 1-i z > z 0 ~ 0 g 6 ~ > 8 1-i 0 ~ t...:> ~ 30 REPOH'l' OF RECOXSTRUCTION FINANCE CORPORATIO~ 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, disbursements, and amount outstanding,from Feb. 2, 193.~, to Sept. 30, 1940, inclusive, by States 1Continued TABLE BANKS AND TRUST COMPANIES-Continued LOANS ON PREFERRED STOCK OF BANKS AND TRUST COMPANIES [Under the act approved Mar. 9, 1933, as amended] State Number of authorizations Number of banks and trust companies I Amount authorized Amount withdrawn or canceled Amount disbursed Amount outstanding as of Sept. 30, 1940 2 -.Alabama __ _____________ Arizona ___ _. ___________ _ Arkansas _______________ California _____ ___ __ _____ Connecticut __. _____ _. __ Florida __ __ ___________ __ Georgia _____________ ____ Idaho __ ____ ____________ _ l IIino is __ ___ ____________ Iowa _____ _______ ________ Kansas _ ____________ __·Maine _________ _______ __ Maryland ____ _• __ _____ _ M assachusetts . _______ _. Michigan ___ ______ ____ __ Minnesota ______ ______ __ Mississippi. ____________ Missouri.. ___ . ___ __- -- -Mon tan a _____ •• ____ ____ Nebraska _______________ New J ersey ___ _____ _____ New York_ _____________ North Carolina ___ ______ North Dakota __________ 0 hio ___ __ . _____ • ___ . _•. Oklahoma __ ____________ P ennsylvania ____ ... ____ South Dakota_ •. _. _____ Tennessee .. ____________ Texas ___ ________________ Virginia ____ ---······--· West Virginia _________ •• Wisconsin_ • •...•..••• __ Wyoming ___ ... _____ ..•. Total _____________ 19 1 7 13 42 16 2 1 1 1 2 4 5 12 9 1 7 6 1 7 1 1 1 1 2 4 1 3 2 2 22 8 1 1 1 106 29 1 1 1 689 i3 88 3 3 2 42 3 1 1 28 56 6 2 7 4 1 4 6 12 3 2 1 2 5 1 1 3 -1,122 - 273 See footnotes at end of table. $3,180, 600. 00 $32,025. 00 $3,148,575.00 $34,372.96 50, 000.00 -------- -- -----50,000. 00 ------ ---- -----549,500.00 ---- --- -- - -- - - - 549;500: 00 166,030.31 33,071,050.00 3, 062, 9.10. 00 30,008,100.00 27,406,912.81 309,800. 00 160,000. 00 14.9,800. 00 -143,800. 00 1,000.00 142,800.00 ---- ---------18,671.06 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. 00 3, 000. 00 25, 000. 00 6,126.79 573,000. 00 47,500. 00 525,500. 00 437,835. 14 30, fi30. 00 ------ ---- -- --- 30,630.00 ---- ---- ---- ---50G,OOO.OO - ----------- -- -506,000.00 132, 611. 40 437,500.00 5, 300.00 432,200.00 300,000. 00 175,625.00 1,600. 00 174,025.00 14,989.10 22, 6.10. 00 -------- - · --- -- 22,650.00 ---- -- -- -- -----1, 548, 000. 00 1,548,000. 00 -------- ---------- -------- -------10,000. 00 ----- --- -- --- -- 10,000.00 ----- --- --- ----2,811 , 700. 00 248,700. 00 2,563,000. 00 295,495. 69 1, 702, 100. 00 4,i:129, 050. 00 3,226, 950.00 453, 531. 20 2,122,150. 00 227, 950. 00 1, 894:,200.00 1, 041,790.35 187. 500. 00 12,500. 00 175,000.00 ------ -- ----- --20, 000. 00 ------------ -- - ·· 20,000.00 15,000.00 2, 400. 00 -- ---- ------- --2,400.00 183.29 264, 500.00 791 , 000. 00 526,500.00 10,965.03 410, 550.00 27,100.00 383,450.00 194,787.46 6,100. 00 -------- --- --- -6, 100.00 2,298.11 300, 000.00 ------ -- -- -----~00,000.00 71,246.47 351,420.76 300, 000. 00 51,420.76 1,934.24 20, 000. 00 5,000.00 15,000.001------- -- -- - ---200,000. 00 ------ -- --- --- -200,000.001 69,268.72 83,000.00 ------- --------83,000.00 ---------------115,000.00 -------- -------115,000.00 ----------------7,649, 225. _00 53,098,525. 76 45, 449, 300. 761 30,674,050.13 REPORT OF RECONSTRUCTION FINANCE CORPORATION. 31 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, disbursements, and amount outstanding,from Feb. 2, 1932, to Sept. 30, 1940, inclusive, by States 1Continued TABLE BANKS AND TRUST COMPANIES-Continued SUBSCRIPTIONS FOR PREFERRED STOCK OF BANKS AND TRUST COMPANIES [Under the act approved Mar. 9, 1933, as amended] State Number of authorizations Number of banks and trust comparries Amount authorized Amount withdrawn or canceled Amount outstanding as of Sept. 30, 1940 2 Amount disbursed ---------- -Alabama __________ -- - _- _ Arizona ___ - - - _-- - - - -- _- Arkansas ___ - - - - -- -- - - -California _____ - _- - ---- - Colorado __________ - - - _- Connecticut_ _________ -Delaw~re ___________ __ __ District of Columbia ___ _ Florida ________________ _ Georgia ________________ _ Idaho _______________ ___ _ Illinois ________ - _-- -- -- -Indiana ___ - _-- - _- _-- - _-Iowa ____ _______________ _ Kansas ___________ ___ ___ Kentucky ______ - _- _- _- _ Louisiana. _____________ _ !vfaine _________________ _ Mary land __________ - _-Massachusetts-_ -- - _- - -Aiichigan ______________ _ ?\1innesota ______ - _- _- _- l\f~ssissiJ?pL ______ -- -- -Missouri_ _____________ -~1ontana ____________ ___ .Nebraska ______________ _ Nevada __ ___ ______ - ___ - New Hampshire _____ __ _ New Jersey _____ _______ _ New l'viexico ___________ _ New York . __ ___ _______ _ North Carolina ________ _ North Dakota ________ __ 0 hio . ___ ____________ ___ _ Oklahoma __ ____ _______ _ Oregon __ ___ ____ __ ___ __ _ Pennsylvania _________ __ Rhode Island ___ _____ ___ South Carolina ________ _ South Dakota ______ __ __ Tennessee __ . __________ _ Texas _______________ ____ Utah ________________ ___ Vermont_ ___ ___________ _ v·1rg1n1a .. ____________ __ __ _ Washington __ __ _____ ___ West Virginia _____ ___ __ _ Wisconsin ___ __________ _ Wyoming ______________ _ A la.ska_ . . ______________ _ Puerto Rico ________ ___ _ Virgin Islands _________ _ 79 76 4 4 132 140 "63 45 5 4 49 21 34 154 62 157 230 145 103 30 19 82 221 110 154 103 54 53 4 16 285 25 333 145 36 100 126 135 59 42 5 3 46 20 28 148 61 153 219 136 101 29 15 73 204 106 152 93 53 53 4 54 21 396 16 247 22 313 139 35 91 52 21 374 5 4 14 36 136 172 10 42 173 35 38 69 28 11 34 133 162 42 163 30 37 62 25 1 1 3 1 1 1 10 $13, 31~ 600. 00 $257,600.00 $13,055,000.00 $7, 392, 450. 00 . 1, 565, 000. 00 35,000.00 1,540,000.00 1, 190, 400. 00 4. 816, 000. 00 946,500.00 3,869,500.00 2,067,()50.00 70,352,020.00 61, 021, 125. 00 9,330,895.00 35, 030, 733. 10 5, 040, 000. 00 146,500.00 4, 893, 500. 00 1, 652, 800. 00 8,300,000.00 1, 257, 674. 00 7, 042, 336. 00 5, 110, 951. 00 165,000.00 27,700.00 137,300.00 122,300. 00 3,400,000.00 l, 100,000.00 2, 3-00, 000. 00 69~,800.00 2,188,400.00 130,000.00 2,058,400.00 759,900.00 2, 522, 500. 00 825,000.00 1,697,500.00 782,750.00 2, 310, 000. 00 205,000.00 2, 105. 000. 00 1, 095, 200. 00 85, 496, 000. 00 1,348,385.83 84,147,614.17 4, A94, 645. 00 7,847,500.00 659.000.00 7,188,500.00 2J 662, 770. 00 12,615,000.00 2,402,000. 00 10.213.000.00 4,198,235.00 6, 021, 250. 00 773,500.00 5,247,750.00 2,704,197.44 11,382,500.00 2, 302, 650. 00 9,079,850.00 5,430, 766.37 10,871,000.00 425,000.00 10,446,000.00 5,514,767.50 8, 160, 000. 00 1,000,000.00 7,160,000.00 3,226,025.00 4, 250, 000. 00 1,282,460.00 2,967,540.00 1,969,680.00 19, 525, 000. co 16,168,200.00 3,356,800.00 6,769,150.00 42, 827, 600. 00 39, 593, 061. 00 3,234,539.00 23, 910, 752. 06 13,803,500.00 400,000.00 13,403,500.00 4, 291, 025.00 9,315,000.00 8,820,000.00 495,000.00 6,126,082.50 11,033, 800.00 10,130, 925.00 902,875.00 2, 959,025.00 3,61?, 000.00 l 73,500.00 3,438,500.00 674,930.00 6,022. 500.00 5,349,950.00 93~,500.00 672,550.00 205,000.00 --------- ------205,000.00 12,500.00 1,398. 000.00 611,365.00 786,635.00 260,135.00 99,722. 750.00 7, 088_. 183. 93 90,634,566. 07 76,675, 808.00 1, 077, 500. 00 715,000.00 362,500.00 457,000.00 173. 219,850.00 162, 674, 259. 16 49, 495, 662.42 8,608,-590. 84 7,995,000.00 681,500.00 7,313,500.00 3,632,950.00 2,470,500.00 2,430,500.00 677,600.00 40,000.00 38, 294,364.00 36,608,337.00 17,046,194.00 1,686, 027. 00 10,417,500. 00 1,287,893.75 10,510.000. 00 92,500.00 890,000.00 123,400. 00 25,000.00 915,000.00 45,626,646.50 33,037,199.34 55,876,300.00 10,249,653.50 898,500.00 62.5,220.00 1,100,000. 00 201,500.00 968,000.00 1,570,000.00 1,660,000. 00 90,000.00 2,948,000.00 1,301,450.00 2,973, 000.00 25,000.00 12,259,050.00 9, 077, 611. 26 1,662,500.00 13,921,550.00 23,600,204.24 9,789,889.24 26,740,329.24 3,140,125.00 422,311. 43 1,325,000.00 1,590,000.00 265,000.00 6,160, 17.5.00 7,770,000.00 ---- - --- - ------7,770,000.00 5,391,078. 75 10,679,650. 00 12,768,000.00 2,088,350.00 1,789,950.00 3,090,000. 00 4,520,000.00 1,430,000.00 3,245,066.66 454,500.00 3,365,000.00 119,933.34 15,550, 600.00 9,641,150.00 1,445,400.00 16, 996,000.00 1,252,500. 00 624,200.00 1,572,500.00 320,000.00 37,500.00 - --------- --- --37,500.00 ------ - - - ------ 250, 000.00 · --------- -- - .. - - -- -------- - - --- 250,000. 00 125,000.00 119,000. 00 126,000.00 251 , 000. 00 - Total _____ __ __ _.. __ 4,431 4, 170 Subscriptions for pre• ferred stock of: Export-Import Bank of \V ashington 4 _ c _____ __ _ __ _ 4 1 Second Export-Import Bank of Washington, D. 1 1 0.4_ -------------- 853, 9.53, 313. 24 GrandtotaL ______ 4,436 4,172 955,453,313.24 75,549,257. 44 774,527,055.80 360,933,763.16 99, 000,000. 00 ---------------- 74,000,000.00 74,000,000.00 2,500,000.00 ·--------------- 2,500,000.00 ---------------- 851,027,055.80 434,933,763. le 75,549,257.44 I See footnotes at end of table. 32 REPORT OF RECONSTRUCTION FINANCE CORPORATION. 4.-N'Umber of authorizations and borrowers, to wh--ich authorizations were made; and amount of authorizations, withdrawals or cancelations, di·sbursements and amount outstanding, from Feb. 2, 1932, to Sept. 30, 1940, inclusive, by States 1_' Continued TABLE BANKS AND TRUST COMPANIES-Continued PURCHASES OF CAPITAL NOTES OR DEBENTURES OF BANKS AND TRUST COMPANIES [Under the act approved Mar. 9, 1933, as amended] Number of authorizations State Number of banks and trust companies Amount authorized Amount withdrawn or canceled Amount disbursed Amount 0utstanding as of Sept. 30, 1940 2 ------------ --- - Arizona _____ _.. __ ___ _. __ California ______ . _. __ . .. Delaware ___ . _. ___ . __ .. _ District of Columbia . ___ Georgia ____ _____________ Illinois. __ . ____ _____ ._. _ Indiana ____ ______ ___ . _._ Louisiana ___ . . _______ .. _ Maine _____ ....... __ . _. _ Maryland __ ___ _________ Michigan __ ___ ______ __. _ Minnesota __ ________ . ... Mississippi. __ __ _____ . . _ M issourL __ . _____ ...... Montana __ _... _. ___ _. __ Nebraska _______________ New Jersey __ __ __ _____ __ New York ____ __________ N ortb Dakota _. _____ . __ 0 hio ________ __ ____ ___ . __ Oregon ____ ______ ___ __ .. South Carolina _________ South Dakota _______ __ . Texas ___ ___ __ __ ___ _____ _ Utah ______ ____ ________ Vermont. __ __________ ._. Washington ___ _________ West Virginia _______ __ __ Wisconsin _________ __ ___ Puerto Rico _____ . _. _... 1 1 10 5 78 109 285 102 12 55 1 185 135 180 25 53 3 302 116 359 40 32 101 288 35 20 83 66 456 3 1 1 9 5 75 105 247 100 12 1 176 135 160 25 52 2 272 107 346 35 30 94 280 34 18 82 57 393 3 $840,000.00 5,000,000.00 2,515,000.00 1,800, 000.00 3, 350,000. 00 9,271,000.00 10,991, 750.00 5,736,000. 00 2,440,000. 00 7,127,500.00 700,000.00 4,104,000.00 6,380,500.00 13,346, 500.00 592,000.00 759,100. 00 1,350, 000.00 237,589,200. 00 2,044,000.00 62,269,000.00 1,385,000.00 1, 286, 800. 00 1, 543, 000.00 9,503,000.00 2,770, 000. 00 9, 525,000. 00 3,726,500.00 3,431,000.00 21,234,500. 00 1,250,000.00 237, 000.00 1, 700,000.00 1,214,000.00 635. 000.00 1,000,000.00 777,500.00 ----------- -- --303,000.00 560,000.00 2,442,500.00 10,000.00 49,000.00 750,000.00 66,635,000.00 450,000.00 5, 447,500.00 325,000.00 70,000.00 59,000.00 1,750,500.00 50,000.00 Total ___________ __ 3,141 2,911 433,860,350.00 90, 549,500. 00 54 ---- ------------------------------$2,085,000.00 ---------------- ---------------- 302,000.00 415,000. 00 3,282,500.00 --- -- -- --- -- --- - $840,000.00 ------ -- -------5,000,000. 00 $1,500,000.00 430,000.00 86,400.00 1,800,000. 00 895,000.00 3,113,000. 00 1,563,545. 57 7,571,000.00 3, 317, 281. 93 9,777,750.00 6,334,690.00 5, 101, 000. 00 20,000.00 1,440,000.00 1,252,750.00 6,350,000.00 4,349,272.41 700,000.00 ----- ----------3,801,000. 00 1,702,760.90 5,820, 500.00 32,500.00 10,904,000. 00 2,766,234.34 582,000.00 99,000. 00 695. 100. 00 443,850.00 600,000.00 600,000.00 170,954,200. 00 17,308,189.00 1,594,000.00 1,292,283.43 56,821,500.00 26,436,375.00 1,060,000.00 422,175.00 1,216,800.00 411,900.00 1,484,000.00 788,985.43 7,752,500.00 3,312,816.80 2,720, 000.00 713,300.00 9,525, 000. 00 9,472,000.00 3,424,500.00 633,575.00 1,756,728.02 3,016,000.00 17,952,000.00 11, 106, 089. 17 1, 250,000. 00 290,000.00 343,295,850.00 98,907,702. 00 BUILDING AND LOAN ASSOCIATIONS LOANS TO BUILDING AND LOAN ASSOCIATIONS (INCLUDING RECEIVERS) [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] State Number of authorizations Number of borrowers Amount authorized Amount withdrawn or canceled Amount disbursed Amount outstanding as of Sept. 30, 1940 2 -Alabama ___ __ _________ _ Arkansas __ __ __ __ _______ California ___ ___ _____ ____ Colorado __ ____ _______ __ Connecticut ____ __ ____ __ Georgia _____ _____ _______ Illinois __ ____________ ____ Indiana_. ___ __ ______ __ __ Iowa _____ __ __ __ _______ __ Kansas _____________ ____ Kentucky ___ ____ __ ____ _ Louisiana __ ____ __ __ ____ _ Maryland ____________ __ Michigan _____ ___ _______ Minnesota __ ____ ________ 3 45 51 1 8 1 73 16 15 2 16 33 24 24 5 3 28 33 1 8 1 70 16 13 2 16 26 19 16 3 See footnotes at end of table. $811. 96 $lll, 000. 00 137,014. 84 2, 795,378.25 9,990, 134.81 523,756.13 3,263. 06 110,000. 00 49,242.14 549,000. 00 5,000.00 ----- -- ------- - 3,988,989.09 302,971.46 1,683,000.00 22,179.40 25,110.25 l, 132,800.00 51,500.00 100,000.00 54,488. 39 1,449,500. 00 3, 273,860.03 90,860. 77 157,375.41 2,628,126.98 2,091,287.87 221,494. 69 3,226.48 107,500.00 $HO, 188. 04 2,658,363. 41 9,281,378.68 106,736.94 499,757. 86 5,000.00 3,686,017.63 1,660,820.60 1,107,689.75 45,580. 51 1, 395, 011. 61 3, 182,999. 26 2,470, 751. 57 1,869,793.18 104,273.52 ----------------- -- --------------- - --------------------------------------------- - ---------- $6,520.29 -- -------------------------- - - - 44,827.43 ------ -- - ------192,569.08 182,608. 12 ---- --------------------------- REPORT OF RECONSTRUCTION FlNAN CE CORPORATION 33 4.-Number of authorizations and borrowers, to wh,£ch authorizations were made; and amount of authorizations, withdrawals or cancelations, disbursements, and amount outstanding,from Feb. 2, 1932, to Sept. 30, 1940, inclush e, by States LContinued TABLE 1 BUILDING AND LOAN ASSOC IA TIO NS-Continued LOANS TO BUliDING AND LOAN ASSOCIATIONS (lNCLUDIKG RECEIVERS)-Continued [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] Num- Number ber of au- of thor- boriza- rowtions ers State Amount authorized Amount withdrawn or canceled Amount outstanding as of Sept. 30, 1940 2 Amount disbursed ---4 1 4 1 330 36 85 3 239 113 28 7 6 24 1 13 5 17 4 1 4 1 292 24 68 2 173 108 90 75 5 2 $103,500.00 250,000.00 313,605.00 85,000.00 43,725,793.02 9,267,159.38 3,580,018. 39 155,000.00 52,178,834.58 5,528,100.00 1,668,049.11 261,077.02 290,000.00 1, 718, 150. 00 29,000. 00 975,662.35 849,000.00 1,626,000.00 9,248,000.00 815,611.87 Total_ .......•.... 1,329 1,090 162, 683, 137. 75 Mississi{>pi_ .. -- . -..... Missouri_._-·- .... _.. -·_ Montana ___ ··-·-·_ ..... Nevada_. _______ ... _.--· New Jersey __ ·-··-····-New York __ ·-·-·····--· North Carolina_ .. _.--·_ North Dakota ___ ·-··--· OhiO---- ······--········ Pennsylvania_ ...... _... South Carolina .. .. __ ... South Dakota ....... -.. Tennessee .............. Texas ............. ·-···· Utah_················- · Virginia ............•.. _ Washington ............ ,vest Virginia .. _....... Wisconsin ..........•... ·wyoming...... _...•.... 19 5 6 20 1 9 5 16 -- $7,502:78 2,230.27 78,068.78 55,000.00 6,865,194.80 1,961,134.86 75,868.94 3,022.75 22,547,623.40 306,964.75 149,228.63 15,011.55 405. 15 105,416.04 $95,997.22 247,769.73 235,536.22 30,000.00 31,993,098.22 7,306,024.52 3, 504, 149. 45 151,977.25 20,631,211.18 5,206,955.92 1,518,820.48 246,065. 47 289,594.85 1,612,733.96 ------------------------------------------------------------$2,564,489.60 ---------------------------------------------63,950.00 1,217,174.49 ---------------______________ . . .. ---------------- ------------------------- ----- ------------------------------950, 611. 45 ---------------25,050.90 690,591.24 15,681.12 463,211. 79 83,472.88 35,093,975.61 158,408.76 ---------------1,610,318.88 ---------------8,784,788.21 178,020.65 732,138.99 147. 135.92 122,490,563.32 4,597,295.58 INSURANCE COMPANIES LOANS [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] 6 Alabama ..•• •···-····-·· Arkansas ....... _... . .. . 4 Colorado._ ..... __ .. _.. . 1 District of Columbia . .•. 1 Florida .. .... _..... _... . 2 Illinois _.......... _..... . 27 Indiana_ . ..... ·- _..... ·10 24 Iowa __ ·-·· ···- · - -·- · ·· ·· 7 Kansas _···-··· --·· ····· Kentucky .. ____ .... ___ _ 1 Louisiana __ . _. __ __. ____ . 2 6 Maryland.·-· ·-·--·--·· Michigan __ .. _..... __ __. _ 16 2 Minnesota _·-·-·-·-···-MississippL . . __ -· .. ... . 3 l\1issourL ...... __. ___ .. . 14 10 Nebraska ____ ···-·-·-··· New Jersey _........... . 6 New York ___ ._. __ . ___ __ 17 ~ortb Carolina _.. _.... . 7 N ortb Dakota ___ .. _.. . . 2 6 Ohio ___ · - - -·--- --- ---··3 Oklahoma_ .. -· ·- -· -·--. Pennsylvania __ ___ .. _. __ 6 a South Carolina_._·· ···1 South Dakota_·--·-·-· · 4 Tennessee ___ .········ · 12 Texas ___ .. _... -- .- ·····Virginia_ .. __ . _. __ ..... . 1 w ~s tv·1:g1n1a · · _. ____ ··-·· 3 W1sconsm_ . . ... -· ..... . - -·2 TotaL............ 209 3 4 1 1 2 14 6 13 7 1 2 2 10 2 1 6 6 5 9 5 2 4 2 5 2 1 3 9 1 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 1,270,000.00 13,985, 000. 00 4,816,913. 76 28,500.00 112,000.00 9,327,891.91 2,399,150.00 902,000.00 28,483,600.00 1,932,500.00 74,500.00 15,865,000.00 275,000.00 1,816,225. 47 504,000.00 50, 000. 00 711,000. 00 4,170,731 .66 385, 196. 62 736,990.77 60,000.00 __ _____ 133 See footnotes at en<l of table. 284678-41--5 TO INSURANCE COMPANIES 104,439,750. 19 $41,300.00 $207,750. 00 80,000.00 355,000.00 -- · ·········-··· 50,000.00 --· - ·--·-· ······ 75,000.00 --- - · -···--····· 33,000.00 96,042.28 5,932,457.72 1,262,021.45 3,235,978.55 102,290.84 3,550,709.16 87,983. 34 334, 016.66 1,000,000.00 ------ -- ---------21,943. 75 1,248,056.25 ----·· --·----·-13,985,000.00 609,394. 50 4,207,519.26 6,000.00 22,500.00 -·-·---·-·-- · -- 112,000.00 713,317.15 8,614.574. 76 401,663.56 1,997,486.44 88,500. 00 813,500.00 1,086, 357.04 27, 397,242. 96 112.50 1, 932, 387.50 5,000.00 69,500.00 7,033,661.80 8,831,338.20 1,950. 00 273, 050. 00 744,325.47 1,071,900. 00 - -·· ···--·----·504,000. 00 _____ ___ . ____ . __ 50, 000. 00 34, 125. 51 676, 874. 49 44,083.24 4,126,648.42 10, 104. 37 375, 092. 25 276,363.58 460,627. 19 ----·--- - ---- - -60,000.00 ·······--··-·· -· $64,061.50 ··············-········--······ ··········-····· 116.391.22 ·······-~······· -·---·-····· ·· ·· ··--···········-···-·-·----···· 191 ,294. 02 ······---·-----54,413. 92 ---·-·-·----···· --··---- --- ----944,825.15 15,000. 00 237,015.56 295,835.07 ------·------··· -- ------··· --·-_______ . ---·--· ---- -- - ---· ·--- -· - --·-·-------------·--· - ---·· _. __ _______ . _. _. 200, 000.00 56,935.45 ____ . ______ . ___ _ ____ ___ _______ . -----·--- -- - ---- --- - - - - - - - ~ - - - - - -- 13,746,540.38 90,693,209.81 2, 175,772. 89 34 REPORT OF RECONSTHUC'TION FINANCE CORPORATION- 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, disbursements, and amount outstanding, from Feb. 2, 1932, to Sept. 30, 1940, inclusive, by States 1- TABLE Continued INSURANCE COMP A.NIES-Continued LOANS ON , AND A SUBSCRIPTION FOR, PREFERRED STOCK OF lNSURA:?\CE COMFANIES [Under the act appro ved June 10, 1933, as amended] Num- Number of ber of au- insurthor- ance iza- comtions panies State Amount authorized Amount withdrawn or cancelled Amount disbursed Amount outstanding as of Sept. 30, 1940 2 ------------ - - - - - --------- - - - - - - ·- - - - - - - - ------ Kansas s.. ______________ Maryland Q_______ _ ____ _ Michigan ______________ _ :Minnesota _________ _____ M issourL. ______________ New J ersey _____________ New York g_____________ North Carolina_________ 1 1 3 2 2 1 2 1 1 1 2 1 1 2 1 1 Total ___ _________ _ ~ 101 $100,000.00 21,500,000. 00 4, 12.5,000.00 100,000.00 250,000. 00 4,000,000.00 4,350,000. 00 50,000.00 --------------------------------------- -- ----- -----~---------- -- - ----------------- ----------- ----------------- --- ----- --- - 34,475,000.00 ---------------- $100,000.00 21,500,000.00 4,125,000.00 100,000.00 250,000.00 4,000,000.00 4,350,000.00 50,000.00 $100, 000. 00 17,448,450.00 3,374,898.59 49,679.45 168,989.18 2,800,000.00 2,060,000.00 48,000.00 34,4i5,000.00 26,050,017.22 ----- MORTGAGE LOAN COMPANIES LOAN8 TO MORTGAGE LOAN COMPANIES [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] [Excludes loans through mortgage loan companies to aid closed banks, and to business enterprises] I State Num-lNumber of ber of au- b thoror• row1zations ers Amount authorized Amount withdrawn or canceled Amount disbursed Amount outstanding as of Sept. 30, 1940 2 ---~------ - - --- - - - - - - -----Alaba nn . _. ______ _______ Arizona _________________ Arkansas ________ __ _____ California. ______________ Colorado . . _____ _________ Connecticut ______ ___. __ District of Columbia . __ Florida _____________ ____ Georgia ______ ___________ Idaho . ·-------- - -- -----Illinois __ ________________ Iowa ________________ ___ _ Kansas ___ _____ ___ ______ Ken_t,~cky __ __ ___ _______ Loms1ana. __. _________ . _ Maine . . . __ _____ . ___ . . __ Ma.ryland ______ __ ______ Massachusetts ______ ___ _ Michigan .. ___ . _______ __ Minnesota. _____ . _. ___ . _ Mississippi. _____ _. _____ M issourL .. _________ ... __ Montana _________ ____ __ Nebraska _______________ New J crscy. ____ . ___ ____ New Mexico ______ ______ New Yo1·k __ ____________ North Carolina. ________ North Dakota __________ 0 h io __ . ____________ ... -. Oklahoma ______________ Oregon _________________ Pennsylvania. __________ South Dakota __________ Tennessee ______________ 15 1 ., ') 9 6 2 4 7 3 1 40 1 2 2 12 1 24 8 7 2 2 8 1 4 27 1 32 14 1 8 G 9 1 3 7 6 2 3 3 3 1 8 1 2 1 9 1 18 4 3 2 1 7 1 3 20 1 25 7 1 7 5 1 9 3 11 7 1 5 See footnotes at end ot table. $1,278,783.68 100,000.00 1,038,000.00 67,360,000.00 1,195,000.00 175, 000. 00 664,532.60 826,032.99 221,000.00 14,000. 00 9,320,769.90 2, 710,550.00 125,000.00 92,500.00 4,619,597.49 3,200,000.00 31,164,840.97 1,432,500. 00 2, 697, 320. 2,5 3,020,000.00 517,477.67 8,367,797.05 156, :no. oo 664,200.00 13,491, 688.99 30,000. 00 140,062.800.00 4,132,525.00 05,000.00 5,970,515.24 4,435,000.00 145,000.00 4,504,275.00 6,576,000.00 7,807,765.53 $256, 141. 11 $852,642.57 100,000.00 -----------------229,671.83 808,328.17 1,242,065.79 66, 117, 934. 21 14,481.20 1,180,518.80 100.00 174,900.00 664,532.60 -----·--------95,719.61 730,313.38 1,068.01 219,931.99 14,000.00 ------ - --------5,779,026.75 3,541,743. 15 2,710,550.00 -------- ------ - --,50, 000. 00 75,000.00 42,500.00 50,000.00 3,978,019.49 641,578.00 3,200,000. 00 ---- -- ---------2,974,278.37 21,542,817.28 1,238,215.00 194,285.00 736,150.66 1, 961, 169. 59 3,020,000.00 ------ -- - ------514,277.67 3,200.00 4,503,525.31 1,013,474.69 202.39 156,167.61 654,246.44 9,953.56 12,447,554.81 1,044,134.18 30,000. 00 - ------- ------ -60,812,658.03 79, 250, 141.97 3,985,509.12 147,015. 88 64, 755. 00 245.00 5, 75G,542. 76 21~,972.48 58,431.22 4,376,568.78 145,000.00 ----- - ----------···14 7, 532. 0,5 4,356,742.95 3,844,737.75 2,731,262.25 548, 22.'.i.35 7,259,540.18 $271, 237. 95 -- ------- - -- - --18,715.62 ------------------------------3,650.00 104,846.40 217,935.01 10,126.64 ---------- ----29,953.83 ----- ---- ------- ---------- ---------------- ---1, 296, 671. 65 1, 112, 787. 82 397,496.87 227,344.39 405,246.09 ---------------- ---------------659,384.07 ------------------------------1,683,412.70 ----------------18,018,710.97 178,515.47 ---------------89,100.77 151,698.05 ---------------2, 702,8~6. 70 ---------------2, 2(36,236. 15 35 REPORT OF RECONSTRUCTION FINANCE CORBORATION, 4.-Nurnber of authorizations and borrowers, to which authorizations u;ere made; and amount of authorizations, withdrau;als or cancelations, disbur~ements, and amount outstanding, from Feb. 2, 1932, to Sept. 30, 1940, inclusive, by States 1Continued TABLE MORTGAGE LOAN COMPANIES-Continued LOANS TO MORTGAGE LOAN COMPA:NIES-Continued [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] [Excludes loans through mortgage loan companies to aid closed banks, and to business enterprises] Numb-er of authorizations State I Number of borrowers Amount authorizcd Amount withdravvn or canceled Amount outstanding as of Sept. 30, 1940 a Amount disbursed -------------- - - - - - - - - - - - -- - - - - Texas ________________ __ _ t Ttah ___________________ Virginia ________ ______ __ ,vashington _____ . ______ _ West Virginia __________ \Y isconsin .. ____ .. ________ 11 26 1 8 ]4 11 3 4 3 2 357 229 18 1 4 1 379 231 46 1 $16,988,lS9.0fi $2,287,869.78 210,000.on · --- ---- ----- -- t,, 084, 921. 8!:l 751,071.65 397, 411. 04 1,346.547.68 72,500.00 11,500.00 4,826,762.92 180,785.61 ---- Total __________ ___ Loans to The RFC l\fortgage Company 4_ Loans to Federal National Mortgage Assoriation 4_______________ -- Grand totaL ______ 242,859,225.01 32,028,497.2 7 143, 368, 261. 03 --------------- - 139,218,364.R6 36,160, 133.43 133, 962, 793. 11 --------------- - 108,8i3,G52.64 70,039,414.99 490,951,242. .'il 138,22R,045. 69 356, 711, 1G3. 90 I 104,034,045.43 $14,.551,368. 18 $139,955.8 1 210,000.00 ---- -------- - - - 4,333,850.24 1,083, 167. 56 919,136.64 615, 6.53. 98 61,000.00 15,262.7 7 4,645,977.31 28,500.0 0 634,042, 218.04 104,034,045.43 SUBSCRIPTIONS FOR STOCK OF MORTGAGE LOAN COMPA~IES [Under sec. 5c of the Reconstruction Finance Corporation Act, as amended] I1linois __________________ Total _____ __ ______ The RFC Mortgage Company 4 _ ___ . ______ Federal National Mortgage Association 4 _____ oo j_. ___ _. _____ ____ . _---------------- 1 $1,250,000.00 1 1 1,2.10,00000 3 1 25,000,000.00 ---------------- $25,000,000.00 $25,000,000.00 1 1 11 ,000,000. 00 ---------------- 11,000,000. 00 11,000,000.00 5 3 37,250,000.00 36,000,000.00 36,000,000.00 ---- Grand totaL ___ ___ $1, 250, ooo. 1! ---- 1, 250,000.00 -- ----- ---- - ------ ------- - -------- 1, 250, 000. 00 1 AGRICULTURAL FINANCING INSTITUTIONS, ETC. LOANS TO JOINT-STOCK LAND BANKS [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] Alabama _________ ___ __ _. Arkansas ________ ___ _. __ California _______________ Colorado _______ _______ _. Georgia _________________ Illinois _______ .. _______ - - Indiana _________________ Iowa ____________ __ ______ Kentucky ______ __ ___ ___ I,oms1ana .. _______________ Michigan ________ ____ ___ ~1innesota ______________ Nebraska .. __________ North Carolina _________ Pennsylvania . _. __ ______ South Carolina _____ . ___ Tennessee ____________ .. 'fexas _______________ __ __ Utah ___________ ________ West Virginia ___________ TotaL ____________ 1 3 4 5 2 2 4 3 1 3 3 1 8 6 2 9 3 6 1 3 1 1 1 1 1 1 2 2 1 1 1 1 2 3 1 1 2 2 1 1 $575,000.00 $575,000.00 590,000.00 ----$104:sii~4i-l 485,188.59 342,472.72 3,142,527.28 3,485,000.00 2,134,306.24 2,494,772.68 360,466.44 205,000.00 205,000.00 - - - - - - - - - -- - - - - - 1,383,300.72 2,261,993.28 3,645,300.00 272,921.24 fi2,078. 76 335,000.00 170,012.90 1, 979, 987. 10 2, lS0,000.00 330,000.00 - - - - - - - - - - - - - - - .. - 330,000.00 426,630.62 432,500.00 5;869. 38 1, 647, 62fi. 4:3 1,835,000.00 187,374.57 185,000.00 185,000.00 - - - - - - - - - - - - - - - i,950,000.00 2,766,000.00 816,000. 00 2,904,742.15 3,144,786. 45 240,044.30 381, 851. 76 19, 148.24 401,000.00 1,349,359.77 1, 243,640.23 2,593,000.00 90,000.00 190,000.00 100,000.00 2, 9Gl, 616. 99 724,383.01 3,686,000.00 548,232.42 1, 767 ..18 550,000.00 635,102.67 1, 164, 897. 33 1,800,000.00 ,70---;-j 31,393,359. 13 See footnotes at end of table. 6,726,478.93 24,666,880.20 ------ - - -- - ---- - $112,422.3 8 --------- --- ---- ---------- ----- ---------------- ----------------- ------------ ------------------ ·--- ----------. -- 269,121.3 7 531,944.38 ------ ----· ----- 1,016,893.66 --------- ------ ---------------- 265,989. 01 -------- ------- - 1,317, 637.51 -- - -- ---- - ------ ---------------3, 514, 008. :31 36 REPORT OF RECONSTRUCTION FINANCE CORPORATION- 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, disbursements, and amount outstanding, from Feb. 2, 1932, to Sept. 30, 1940, inclusive, by States 1Continued TABLE AGRICULTURAL FINANCING INSTITUTIONS, ETC.-Continued LOANS TO AGRICULTURIAL CREDIT CORPORATIONS [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended} Number of authorizations ~tate ------ Number of borrowers Amount authorized Amount withdrawn or canceled Amount disbursed Amount outstanding as of Sept . .30, 1940 2 -- -- Arizona. __ .. ... ........ . Arkansas . . ........ .. .. . Colorado ... .... ........ . Florida ... •• · ··········· Idaho .................. . Iowa ... . ················ Louisiana ............... New York .. ............ North Dakota .......... Oregon ... .. ............ South Carolina ......... Tennessee .............. Texas .. ................. Washington ............ Total ...... . ...... 1 1 5 203 2 2 1 1 1 1 1 1 1 1 2 1 4 $880,000.00 214,135.95 71,455.31 435,000.00 63,889.60 480, 000.00 120,000.00 397,251.46 1,000.00 116,790.30 58,500.00 124, 250.00 95,491.08 3,063,103.89 250 20 6,120,867.59 4 3 7 2 2 2 1 15 1 2 2 -- -- ---- ------------ ---------------$11,500.00 -------- - ------ 5,167.00 25, 000.00 ---------------164,660.72 ------------------------------58,500. 00 124,250.00 6,239.95 81,931. 70 $880,000.00 ---------------214,135.95 ---------------59,955.31 ---------------435,000.00 ------- --------58,722. 60 -- ------ -------455,000.00 ---------------120,000. 00 ---------------232,590.74 ---------------1,000.00 116,790.30 ------------------------------- ------------------ --------------------------------89,251.13 ---------------- 477,249.37 2,981,172.19 - - - - -- - - -.- - - - - -- $43;~39 5,643,618.22 43,664.39 LOANS TO LIVESTOCK CREDIT CORPORATIONS [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] Colorado ..... .......... . Idaho ... ......... ·- ..... Missouri.. ............. . Montana . .. . ........... New 11exico . ...... ... _. Oregon .. .. ..... .. ..... . Texas . ............ ...... Utah ................... ·wyoming . .............. Total ............. 4 30 1 38 8 4 4 35 29 2 2 1 3 2 4 $382,850.00 2,132,035.29 421,000.00 2, 1·12, 250. 00 474,441.51 270,740.00 2,468,425.03 3,477,443. 10 2,342,142.95 153 19 14, 111, 327. 88 1 3 l -- -- $244,400.00 $138,450.00 ---------------101,800.00 2,030,235.29 ---------------421,000. 00 -------------- ---- ---------------145,900.00 1,996,350.00 ---------------27,892.76 446,548.75 ---- -----------28,450.00 242,290.00 ---------------2,442,445.03 ---------- -----25,980.00 304,826. 12 3,172,616.98 ---------------161,123. 19 2,181,019.76 ---------------1,461,372.07 12,649,955.81 ---------------- LOANS FOR FINANCING OF AGRICULTURAL COMMODITIES AND LIVESTOCK [Under sec. 201 (d), title II, of the Emergency Relief and Construction Act of 1932! Alabama... ....... .. .... Arkansas ............... California ............... Colorado .. .............. Delaware ............... Florida .......... .. .... _ G <'org ia _.... . ...... _. . . . Illinois . .... _........... . Indiana_ ..... ... . .. . ... _ Ken tucky ............ . . Louisiana._ . . . . . . . . . . . . . Maine . ............. . .. _ Maryland . ........... -M assachusetts ... .. ... _. Mir-higan · ·······-· · ··· Mississippi. .. -... ... ... 1 1 5 5 21 16 1 1 2 7 1 2 1 l 1 1 6 12 3 4 11 10 1 I 5 2' 2 2 10 7 Mbsouri __ · · ·•··· ·· ···· · 5 5 Montana _·-·····•······ l 4 8 4 I 1 21 6i I 1 51 3 2 New .Jersey . ..... . .... . Nf'w York .. . ... . ....... North Carolina......... North Dakota.. ... ..... Ohio .. ............. .. Oregon .. _. . . . . . . . . . . . . . 2 41 2 See footnotes at end of table. $150,000.00 $150,000.00 ············· · ···· ················ 725,000.00 603,219.30 $121,780.70 ················ 5,063,750.00 2,469, 560.87 2,594,189.13 ················ 500, 000.00 374,950.00 125,050. 00 ················ 100, 000. 00 99,100.00 900.00 ················ 393,377. 32 · ·· · ·•·········· 393,377.32 ···········-···· 15,000.00 ·········· · · · ··· 15,000.00 ················ 10,500.00 2,000. 00 8,500. 00 ················ 757,111.54 460,211.94 296,899. 60 ··••······ · ····· 5,561,511 . 97 3, 127, 589.15 2,433, 922.81 $129,522. 66 50,495, 000. 00 50,452,250.00 42,750.00 ···· ··· ········· 35,000. 00 35, 000. 00 .................. ·········· · ····· 575,000.00 200,000.00 375,000.00 ················ 350,000.00 138,603.71 211,396.29 ········-······· 570,000.00 442.402. 80 127,597.20 ···-············ 60,750.00 60,750.00 ········••···-·· ·· ···-············ 104,000.00 8,000. 00 96,000. 00 26,150.00 615.00 1,885. 00 · ··············· 2,500. 00 285,000. 00 11 ,432.03 273,567.97 ··•············· ], 700,269. 65 1,099.344. 17 600,925.48 ················ 120,000.00 20,035.21 99,91)4. 79 ················ 6,000. 001 1,080.00 4,920.001····-··········· 1,035,000.00i 400,217.72 584,782.28 364,000.00 350,000. 001 195, 820. 71 154, 179. 29 ,.... ·- ......... . REPORT OF RECONSTRUCTION FINANCE COR~ORATION, 37 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, 11:ithdrawals or cancelations, disbursements, and amount outstanding,from Feb. 2, 1982, to Sept. 30, 1940, inclusive, by States 1Continued TABLE AGRICULTURAL FINANCING INSTITUTIONS, ETC.-Continued LOANS FOR FINANCING OF AGRICULTURAL COMMODITIES AND LIVESTOCK-Continued [Under ser. 201 (d), title II, of the Emergency Relief and Construction Act of 1932) State --Pennsylvania ___________ Tennessee ______________ Texas ___________________ Virginia. _______________ Washington __________ __ ,vest Vir!!inia ____ __ ___ __ Wisconsin. _____________ Puerto Rico. ___________ Total _____________ Loans to Commodity Credit Corporation 4 __ Grand total. sec. 201---0 ___________ OTHER Number of authorizations Number of borrowers -- -- 4 2 3 Amount authorized Amount withdrawn or canceled Amount outstanding as of Sept. 30, 1940 2 Amount disbursed $~0,437. 76 $28,062.24 -------8,301,897.41 -------4,308,825.84 ---------------199,551.00 -------------- -20,000.00 264,894.64 ---------------603,no.27 187,305.20 ---------------145,724.80 175,000.00 ------------------ ----- ----------1,475,563.44 ---------------95,750.00 362,254.47 ---------------637,745.53 6 4 6 2 7 2 5 1 4 1 $318,500.00 12,610,723.25 219,551.00 868,624.91 333,030.00 175, 000.00 1,571,313.44 1,000,000.00 159 105 86,061,513.08 66,367,021. 30 28 11,604,712,664.99 836,995,702.78 767,716,962.21 ---------------- 187 106 1,690,774,178.07 903,362.724. 08 787, 361, 453. 99 s -- 5 4 ---- 19, 644, 491. 78 $5H), 672. 66 519,672.66 AUTHORIZATIONS TO AGRICULTURAL FINANCING INSTITUTIONS, ETC. Under sec. 5 of the Reconstruction Finance Corporation Act, as as amended: Loans to Federal land banks 4 ______ 10 57 Loans to Federal intermediate credit banks 4 _____ 8 Loans to regional agricultural credit corporations 4 ____________ 1,343 Under the Agricultural Adjustment Act of 1933, as amended: Loans to Secretary of Agriculture to acquire cotton • _______________ 2 Under sec. 201 (c) of the Emergency Relief and Construction Act of 1932, as amended: Authorizations for financing exports of agricultural surpluses 4 _______________ 10 12 11$399,636, 000. 00 11 $387,236,000. 00 ---------------- 8 9,250,000.00 ---------------- 9,250,000.00 ------------ -- -- 12 178,840,452.48 5, 596, 811. 76 173,243,640.72 ---------------- 1 23,500,000. 00 20,200,000.00 3,300,000.00 ---------------- 98,445,245.68 46,146,368.56 47,298,877. 12 $46,895.99 709,671,698.16 84,343,180.32 620,328,517.84 46,895. 99 6 ---- Total, other authorizations to agricultural financing institutions, etc ________ 1,420 $12,400,000.00 39 12 -RAILROADS AUTHORIZATIONS TO RAILROADS (INCLUDING RECEIVERS AND TRUSTF.F:S) [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended) Total•------------------ I 13 2131 861 13 $892,568,716.951 $107,316,755.891 See footnotes at end of tabl~. $779,873,022. o6j $470,039,040. n3 38 REPORT OF RECONSTRUCTION FINANCE CORPORATION 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, disbursements, and amount outstanding, from Feb. 2, 193.<B, to Sept. 30, 1940, inclusive, by States 1 - TABLE Continued BUSINESS ENTERPRISES (EXCEPT IN CONNECTION "WITH NATIONAL DEFENSE) TOTAL-AUTHORIZATIONS TO BUSINESS ENTERPRISES [Includes direct loans and participations under sec. 5d of the Reconstruction Finance Corporation Act, as amended; and loans to business enterprises through mortgage loan companies and banks, and loans to borrowers engaged in the fishing industry. under sec. 5 of the Reconstruction Finance Corporation Act, as amended] State Numher of autborizations Num- bu of borrowers Amount authorized Amount withdrawn or canceled Amount disbursed Amount outstanding as of Sept. 30, 1940 2 - ~ - - - - - - - - -- - - - - - -Alabama _______________ 14,5 132 $3,844,658.33 Arizona ________ ___ ______ 1., 121, 727. 86 33 30 Arkansas _____ __________ 6, 895, 991. 10 146 129 California _______________ 212 23, 224, 991. 10 183 Colorado _______________ 123 2,129,704.15 110 Connecticut_ ____ ___ ___ _ 8,259,740.83 97 77 Delaware ____ __ __ _______ 13 12 477,400. 00 District of Columbia ____ 42 650,910.00 36 Florida _________________ 9,730,449.01 343 287 Georgia _________________ 14,117,307.62 617 516 Idaho ______ _- - __ - _- - -- - 1,086, 466. 00 59 51 Illinois __________________ 27,370,444.38 346 298 Indiana _________________ 6,251,050.00 163 150 Iowa ___ _____ ___ ______ ___ 67 2,061,475.00 63 Kansas _________________ 2,288,976. 85 153 140 Kentucky ______________ 193 5,806,187. 61 173 Louisiana __ ___________ __ 1,246,703.96 63 55 Maine __________________ 10.979,540. 00 33 28 Maryland ______________ 5, 055,759. 62 109 89 Massachusetts __________ 14, 415, 931. 06 294 233 Michigan __________ _____ 312 30,337,194. 45 271 Minnesota _____ ______ ___ 4, 199, 970. 24 168 151 Mississippi ___ ______ ____ 1,468, 657.46 85 82 MissourL _____ ___ ____ __ 19, 575, 800.72 259 209 Montana _______________ 1,476,365. 06 101 83 Nebraska _______________ 2,091,352. 77 103 89 Nevada ___ ___ ______ _____ 116,621. 93 4 4 New Hampshire ____ ____ 1, 977,500. 00 15 11 New Jersey _____________ 25] 27,417,863.80 316 New Mexico ____________ 998,221.25 46 3P. New York __ ________ __ __ 44, 501. sn. 42 891 702 North Carolina ____ _____ 9,574,184.94 184 153 North Dakota ____ ____ __ soo, 310. 00 43 40 0 hio . ___________ - _- _- . - 23,725,280.89 289 3G6 0 klahoma _______ ____ ___ 1,616,736. 10 77 71 Oregon . ______ ____ ______ 15g 221 11,409,319.65 Pennsylvania ___________ 41,629, 198.83 486 380 Rhode Island ____ __ ___ __ 2,787,416.67 31 27 South Carolina _________ 71 3, 764, {)48. 18 60 South Dakota ____ ___ __ _ 32 32 155,98G. 00 Tennessee _______ __ __ ___ 217 11,162,018. 78 180 T exas _____________ ______ 8,768,809.03 337 303 Utah ___ ________________ 32 24 1, 36!i, n95. 32 Vermont_ ____ __ ____ ___ __ 15 435,600. 00 10 v·1rg1n1a .. . _______________ 108 5,233,062.50 94 Washington _____ . ______ 31,393 1,091 2'~, 962, 737. 28 West Virginia ____ ___ ____ 71 3, 051. 731. 16 82 Wisconsin ________ ____ __ 139 129 8. 625, 825. 00 Wyoming __ __ _____ ____ __ 17 220, 122.76 16 Alaska _______ _____ ___ ___ 4 4 348,600.00 Hawaii _______ _____ __ ___ I 1 200,000.00 Puerto Rico ___ _________ 26 24 ], 190,000.00 -Total _____________ 9,433 7, 8501 442, 304, 1.51. 37 See footnotes at end of table. $1, 141, 058. 23 $2,141,948.60 $1,140,999.84 611,739.50 139,510.67 58,303.37 875,528.28 5,958,594.75 3,943,288.03 6,202,418.50 8, 690,376.63 4,713,922.17 929,291. 76 986,827.09 569,695.94 1, 582. 481. 55 6,481,492.66 3,976,610.40 117,400.00 332,500. 00 22,372.25 192,826.08 394, 294.50 261,455.52 1, 411, 235. 70 5,124,662.10 2,653,254.25 3,893,130.84 9,067,425.82 3,877,265.26 448,224.85 832,824.09 180,926.85 14,342,156.48 12,366, 957.17 6,131,876.94 2,340, 862.59 3, 256,862.32 1,559,028.66 275,652. 03 1,209,279.00 814, 906.55 356,491.00 992,676.70 1,192,095.89 2,369,698.56 1, 148, 085. 95 2, 636, 167. 19 814,528. 05 400, 806.91 366,700.97 711,332.94 564,579.98 203,629.33 1,330,972.79 2,899,948.72 1,927,378. 68 4,793,302.01 8,747,197.69 4,461,567.18 17,951,835.52 8,443,.548.20 9,996,870. 23 579,480.11 2, 232, 481. 87 1,710,552.00 318,474.70 578,554.34 670,599.43 8, 749, 209. 38 11,806,806.50 4, 932, 175.29 1,038,386.28 554,416.58 344,620.10 668,610.22 1,040,943. 66 627,081.50 77,497. 79 5,850.00 24,124. 14 636,243.82 1,060,283.00 837,217.00 10, 458,835.54 17,832,323.75 9,007,856.39 273,021. 72 569,812.90 404,661.35 12,002, 526.24 22;102,742. 15 Hi. 499, 727. 95 2,897,944. 15 5, 760, 338. 95 3, 048,492. 42 532,743.36 615, 059.73 73,850.00 14, 810, 529. 88 9, 384, 151. 74 6, 891,689.01 325,541.11 731, 5Hl. 43 527,224.96 2, 616,734.99 2, 7A5, 8!)4. 71 7,831,559.96 14,553,617.m 25,067,890.85 11, 737, 481. 86 1,242,286.53 401,562.50 2,332,603.79 908,215.53 1,563,573.72 1, 753, 030. 14 19,612.90 94,775.00 41. 586. 00 3,183,290.30 4,067,968. 32 5,593,499. 48 4,416,829.75 5,779,666.30 1, 737,996.45 756, 659.73 386,605.70 314, 151. 85 134,173.89 246,109.50 147, 990. 50 498. 201. 73 1, 237, 551. 19 2,171,826. 07 2, 69f~; 189. 80 6,575,083.02 14,961,949.06 713,937.96 1, 338, Q.77. 59 1, 255,373.30 3,227,020.08 4.• 349, 859. 62 2,956,169.19 37,851.13 65,970.10 45,485.75 320.284. 51 -- -------------- -- - ---- - ---- -----200, 000.00 ------------------ ---------------528,298.67 1,079,000.00 69,500.00 145,896,168.23 Z36,003,459.56 129, 221, 651. 48 REPORr_r OF RECO~STRUC'TION FINANCE CORPORATION 39 4.-Number of authorizat'ions and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, d1·sbursements, and amount outstancling,from Feb. 2 , 1932, to Sept. 30, 1940, inclusive, by States 1 Continued TABLE BUSINESS ENTERPRISES (EXCEPT IN CONNECTION WITH NATIONAL DEFENSE)Continued LOANS TO B USINE~S ENTERPRISES [Fnder sec. 5d of the Reronstruction Finance Corporation Act, as amended] State Num-lN ber of 1 umau- ber of thor- boriza- rowtions ers Amount authorized Amount withdrawn or canceled -- -A labama ___________ ___ . A rizona . _____ __ ______ ___ A rkansas ______ ______ ___ C alifornia ______ __ ______ _ C olorado ______ ____ - ____ . C onnecticut __________ _. 106 8 119 139 g,') 6-1 97 8 107 ] 1~ - I 84 47 12 11 D elawarc _____ ___ _____ __ 22 28 D istrict of Columbia ____ 295 249 F lorida _. ____ ___ _____ _. . 522 431 G eorgia ____ _____________ 40 35 Id aho ___________________ __________________ 282 241 nlinois diana __ _______ _____ ___ 120 110 Inwa 48 45 Io ___________ ________ _ 108 100 K ansas _____ ______ __ __ __ 152 134 K entucky ___ . ________ . _ ________ _______ ;:i,, 48 Louisiana 22 17 1\1 aine ___ ___ ____ ______ __ 88 70 M aryland ________ ___ ___ 211 167 :Massachusetts ____ ______ 216 M ichigan _______________ 190 106 M innesota ______________ 93 64 ~[ ississipp i _____________ 62 194 154 M issourL ______ ___ _- - _.. 79 66 M ontana __ ___ ___ _______ N ebraska _______________ 70 62 4 4 N evada ______ ___ ___ _____ N ew Hampshire . _______ 9 8 222 174 N ew .J crs2y _____________ 21 N ew J\fexico ____________ 26 N cw York _____ ____ ___ . _ 733 574 N orth Carolina _________ 137 115 N orth Dakota __________ 32 35 0 hio_ ------------------247 191 0 klahorna ______________ 54 48 161 0 regon _____________ ____ 120 p ennsylvania . __________ 382 293 22 20 R hodeisland ___________ 52 42 So uth Carolina __ . ______ 24 24 So uth Dakota __ __ ______ T en ness J0 ______________ 115 93 _________ __________ 224 200 T exas tah ___________________ uermont ___ _____ __ _____ _ 23 19 V 8 5 V 1rg1n1a ____________ ____ 47 55 w ashington _____ . ______ 31,235 960 w est Virginia __________ 48 56 isconsin ______________ w yo 81 76 w ming __ __ ___ _______ _ 7 6 1 1 A laska __ ________________ p uerto Rico __ ___ _______ 20 20 Total _____________ 7, 174 5,908 -') See footnotes at end of table. Amount disbursed Amount outstanding as r.f Sept. 30, 1940 2 - - - - - - - - -- - - - - ~1, 877, srn. oo 132,700.00 fi,370, 916. 10 ll,991,4 57.2S 1,629,675. 82 7,362,GG2. 50 449,900.00 524,360.00 8,677,619.01 10,379,290. 76 905,950.00 25, 534, 121. 05 5,217,550.00 1, 767,100.00 1,391, 710. 60 3,5fi2,800. 11 1,031 ,453. 96 10,73 1,910.00 3,8i3,919.62 10,414,246.06 22, Of59, 244. 4-5 3, i82, 147. 74 1,046,367. 24 14,977,347.39 1,054,689.56 1,468,384.43 116. 621. 93 1,227,500.00 23,762,793. 80 5.51, 291. 55 37,066, 581. 75 6,328,964.94 767,650.00 18,351,708.34 846,219.43 7,668,519.65 32,462,487.24 1,294,500.00 1,922,423.18 82,136.00 1 5, 203, ,';88. 38 6,913,879.13 838,445.32 342,000.00 1,943,450.00 8,699,295.61 1,977,795.45 5,988,475.00 33,700.00 11,000.00 977,500.00 323,005, 160.38 $608, 719. 53 $1,2~1,974. 23 $587,429.57 31,100. 00 lOJ,fi00.00 20,629.58 520,512.93 5, 839, 161. 42 3,902,070.67 2, 212, 781. 62 8, G35, 4.51. 15 -1, G91, gf)3. 35 564,264.93 918,060.89 536,657.76 1,102,875.28 (i,.147, 992. 6G 3, 8C0, 381. G3 117,400. 00 3:32, ,500. 00 2i, :572. 25 128,065.50 394, 294.50 261,455.52 1,090,788.31 4,923,599.60 2, 5%, 141. fi8 2, s20. 8r11. s1 7,326,672. 55 3,062,645.09 116, 72.5. 91 781,824.09 407, 201. 27 13,408, 171.02 11, 693, 2~:12. 17 5,663,531.01 1, 81 7,809.36 3,080,9fi2.32 1,48!J,503.53 5G2, 571. 00 1,200,529. 00 269,018.69 487,820. 25 892, 3DO. :3,5 270,450.51 1,222,855.28 1,913,740.23 1, o.so, 58·1 15 325,fi02.37 1169, 528.05 400, 80(>. 91 152,550. 00 575,257.27 505, 558. 1(i l,G36, 213.67 2, 167,420.9D 1,230,097.78 7,130,946.52 3,040,869.84 4, 179, 781. 86 4,727,078.11 16,597,461. 1't 8, 1Gl,8fi9.67 1,256,456.36 1,879,376. rn 468,588.98 479, 056.21 555,859. 03 301,005.05 11, 526, 273. 10 1, 656,429. 51 8,614,672. 67 752, 421. 66 232,212.98 368,405.91 1,021,018.GG 325,480. 2D 653,888.76 24,124.14 77,497. 7fl 5,850.00 827,500. 00 400,000.00 .109, 739.86 15, 923, 753. 7!1 7,662,204.81 10,139,974. 89 203,066.19 318,225.36 2l0,627. l5 21,137,423.64 11,663,530.78 11,640,452.27 4, ::156, 510. 53 1,663,246.61 2,731,789.56 .532, 3Gl. 41 614,099.73 43,500.00 13, 224, ~}75. 24 8,638,062.35 4,821,129.84 674,769.43 270, 154.Sl 146,450. 00 f>,221,894.96 2,293, 123.ol 1,084,705. 02 22,339,650.59 12, 752, fill. 37 8,812,945.60 872, 9:37_ 12 519, 764. 36 380,500.00 1,113, 395.07 480. 73 1. 61 779, 028.11 35,736.00 19,612. 90 39,400.00 4, 190,299.48 2,541,485.17 719,420.84 4,246,182.02 S,461,984. 88 1,086,922.50 698,159.73 353,605.70 140,066.54 243,309.50 132,133.89 98,690.50 356,320.91 742,523.81 1, 066 . 926. 19 5,808,175.16 2,463,364.89 2, 844, 081. 33 584,40-4.97 928,349.50 1,045,003.30 3,102,945.09 1,952,474.41 3,951,410.59 17,788.63 32,200.00 1,500.00 11,000.00 ------- - -- - - -- - - - - ---------------424,204.17 934,000.00 39,500.00 86,933,628.60 209,499,385.74 118,423,909.50 40 REPORT OF RECONSTRUCTION FINANCE CORPORATION 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, d'isbursements, and amount outstanding, from Feb. 2, 1932, to Sept. 30, 1940, inclusive, by States 1 Continued TABLE BUSINESS ENTERPRISES (EXCEPT IN CONNECTION WITH NATIONAL DEFENSE)Continued PURCHASES OF PARTICIPATIONS, AND AG REEMENTS TO PURCHASE PARTICIPATIONS, IN LOANS TO BUSINESS ENTERPRISES [Under sec. 5d of the Reconstruction Finance Corporation Act, as amended 1 State Number of authorizations Number of borrowers Amount autborized Amount withdrawn or canceled - - - -- - - - - Alabama _____ __ ... _.. __ .Arizona ____ . _____ - _-. -- Arkansas . ______________ California ___ _. ______ . ___ Colorado_ . __ _____ ___ __ __ Connecticut. __ _____ ____ D ela ware __ ______ ____ ___ District of Columbia . ___ Florida ___ ___ ________ ___ Georgia ___________ __ . ___ Idaho ________ ____ ______ _ Illinois ___ ___ ___ . ____ ___ Indiana _____ ____ ____ ____ Iowa __________ _____ ____ _ Kansas _____ ___________ _ K entucky ___ . ____ _____ _ Louisiana __ __ __ ________ _ Maine ____ __ _. __ ______ __ M aryland. __ . __________ Massachusetts __________ Michigan _____ ____ ______ Minnesota ___ ___________ Mississippi . __________ __ Missouri _____________ ___ Montana ___ ____________ N ebraska __ ___ ______ ____ New Hampshire. _______ New Jersey ___ ______ ____ New Mexico ____ _____ ___ New York ______ _____ ___ North Carolina _____ __ __ North Dakota _______ ___ Ohio ____________ ____ ___ 0 k lahoma ____ _______ ___ Oregon __ ____ _____ ___ ___ Pennsylvania ____ . ______ Rhode Island ______ _____ South Carolina _________ South Dakota ___ . ___ ___ Tennessee _________ ____ T exas ____ . ____ ____ ___ ___ Utah ______ _______ _____ _ Vermont_ _____ _______ ___ Virginia ---- - - ---- --- - W asbington _________ ___ West Virginia ___ _____ ___ Wisconsin .. __ . ___ __ _____ Wyoming ___________ __ __ Alaska ___ ____ __ ____ ___ __ H awaii ____ ___ __ ___ ___ __ Puerto R ico __. _________ 37 24 23 73 28 30 1 14 35 80 34 22 21 66 26 28 1 14 28 75 19 16 59 55 39 16 40 38 6 9 42 16 43 40 7 9 20 60 73 60 20 58 22 29 5 87 19 142 41 8 114 23 55 91 9 17 8 81 113 7 7 51 156 2,1 55 JO 3 1 6 19 52 68 56 19 52 17 25 3 77 17 1 124 34 8 98 23 45 83 7 16 8 72 103 5 5 4.5 129 21 1 50 10 3 1 4 Total _____________ 2,055 1, 8331 See footnotes at end of table. Amount disbursed Amount outstanding as of Se.pt. 30, 1940 2 - - - -- - -- $1, 711, 848. 33 $493, 3:38. 70 $683,974.37 $553,570.27 468,139.50 876,527.86 37,910.67 37, 673.79 414,575.00 244,515. 35 119,433.33 41,211.36 3,989,636. 88 54,925.48 11, 233; 533. 82 22,058.82 365,026.83 500,028.33 68,766.20 33,038.18 319,606. 27 596,778.33 193,500.00 176, 228.7 7 27, .500. 00 - - - -- - --- - -- - --- -------- - --------- -- -- ----- ------126,550.00 64,760. 58 - - - - -- - - -- - ------- - - -------- - ----273,547.39 975,730.00 170, 862. 50 115, 212.67 3, 451, 516. 86 976,809.38 l, 549, 716. 92 814, 620.1 7 179,516.00 64,200.94 51, 000.00 41,023.58 732,485.46 1, 634, 823. ~i3 673,725.00 468,345. 93 523, 053.23 145,900. 00 973, -500. 00 69,525.13 163,875. 00 121,835.55 8,750.00 6,633.34 4,57, 356. 45 849, 766.25 299, 705. 54 86, 040.49 2, 138, 387.5C 1,413,311.91 350,958.33 97,501. 80 21,098.60 100,250. 00 50, 000.00 ----- ------- -- -51,079.33 135,475.67 247,030.00 59,021.8 2 287,692.78 1,086, 840. 00 611, 000.00 100,875.01 823,197.34 2,040,685.00 252, 751. 17 137,134.38 5,080,950. 00 2,900,299.50 281,678.53 536,867.00 386,595.64 935,322.50 338,105.71 110,891.13 186,143.22 22,695.31 416,890.22 17,469. 65 4,251,203.33 3,003,495.78 205,533.40 134,536.71 421 ,675.50 112,407. 12 186,010.67 285,964.62 270,576.21 19,925.00 591,943.34 14, 721. 46 424,717.00 120,283.00 625,000.00 48,214. 28 1, 134, 151. 58 2,122,570. 00 587,570. 00 318,860.65 141,595.16 386,932.70 221. 587. 54 62,394.57 5,695,791.67 362,073.97 3,582,697.17 679; 318.51 1,156,745. 81 3,016,720.00 1,403,828.42 166, 154.59 30,350. 00 32,660.00 960.00 381. 95 1,880,559. 17 4,993,572.55 1,395,554.64 746,089.39 55,386. 30 770,516.67 380, 774.96 56,750.00 1,493,689.69 3,038,300.00 1, 084,665. 00 323,611.38 1,801,006.13 7, 527, 111. 29 1,535, 036.26 2,478,140.26 722,522.17 1,492, 916.67 21,062.50 1,459,666.67 942,502. 03 426,828.65 1,788,725.00 428,178.65 55,375.00 73,850.00 5,850.00 --- --- --- - - - --- 4,109,460.40 1, 715, 747. 48 1,187,000.00 542,534.92 651,073.95 317,681.42 1, 854, 929. 90 170,647.73 33,000. 00 39,485.31 58,500. 00 392,250.00 2,040.00 93,600. 00 49,300.00 2,800.00 104,755.35 609,302.26 128,125.00 2, 427, 112. 50 234,824.91 12, 117,867.73 709,907.86 16,206,44 1. 67 129,532.99 387,028.09 196,870.00 1,035,935.71 124,074.99 398,449.03 2,250,350.00 616,694.78 20,062.50 186,422.76 43,985.75 33,770.10 309,284.51 ----------------- - --- ---------- -- -337,600.00 200,000.00 200,000.00 ----- - --- - --- - ---- ---------------104,094.50 145,000.00 212,500.00 30,000.00 101,899,515.991 48, 099,236.13 19,967,902. 32 10, 104, 115. 58 REPORT OF RECONSTRUCTION FINANCE COR~ORATION\ 41 4.-Number of authorizations and borrowers, to which authorizat1'.ons were made; and amount of authorizations, withdrawals or cancelations, disbursements, and amount outstanding,from Feb. 2, 1932, to Sept. 30, 1940, inclusive, by States 1 Continue.d TABLE BUSINESS ENTERPRISES (EXCEPT IN CONNECTION WITH NATIONAL DEFENSE)Continued LOANS TO BUSINESS ENTERPRISES THROUGH MORTGAGE LOAN COMPANIES AND BANKS [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] Number of loans to business enterprises State Alabama _____________ _ I 1 1 -------4 1 2 3 1 1 8 11 2 5 l 1 2 3 Iowa __________________ Kansas _______________ Kentucky ____________ Louisiana _____________ Maryland ____________ Massachusetts ________ Michigan __ __ _________ Minnesota ____________ Mississippi_ __________ Missouri. _____________ NTebraska __________ ___ N ew Hampshire ______ New Jersey ___________ N ew Mexico __________ N ew York __ __________ N orth Carolina ______ _ Ohio __________________ 0 regon ______________ _ p ennsylvania ________ _ Carolina _______ south T ennessee ____ _______ _ 3 1 2 3 177 87 16,589,775. 00 2 -------- 1 1 1 3 1 -------11 20 23 13 2 2 1 1 3 7 4 2 1 -------7 -------1 -------4 16 4 6 5 -- ----- 3 1 4 13 1 1 21 15 u tah _________________ V irginia ___________ ___ 2 -------- 1 · 'est Virginia _________ w isconsin ____________ Amount authorized $255,000.00 112,500.00 110,500.00 300,000.00 20,000.00 210,000.00 201,500.00 30,000.00 130,500.00 47,500.00 105,000.00 115,000.00 125,000.00 1,932,000.00 3,187,000.00 82,500.00 5,400.00 347,250. 00 31,025.00 125,000.00 1,532,500.00 60,000.00 1,839,500.00 228,500.00 380,000.00 177,500.00 1,639,600.00 31,500.00 1,849,000.00 135,000.00 820, 000. 00 37, 000.00 387,000.00 2 Arizona _______________ Arkansas _____________ Connecticut. _________ Florida _______________ Georgia _______________ Illinois ___________ ._. __ Indiana ____ ___________ " Number of business enterprises u 2 Total ___________ - - Amount withdrawn or canceled Amount disbursed Amount outstanding as of Sept. 30, 1940 i $39,000.00 $216,000.00 ---------------112,500.00 ·---------------- ---------------110,500.00 - . -------- ------- ---------------160,000.00 140,000.00 ---- -----------2,000.00 18,000.00 ---------------159, 661. 35 ---------------50,338.65 201,500.00 ------------------ ---------------30,000.00 ------------------------------130,500.00 ------------------ ---------------47,500.00 ------------------ ---------------105,000.00 ------------------------------95,000.CO ----------- ----20,000.00 3,472. 23 121,527.77 ---------------597,500.00 1,334, 500.00 475,915.49 2,369,492. 62 817,507.38 ---- -------- ---67,500.00 15,000.00 ---------------5,400.00 --- - ------ - --- - --- ---------------272,250.00 75,000.00 ---------------31,025.00 ------------------ ------------ ---112,500.00 12,500.00 78,289.68 211,500.00 1,321,000.00 ---------------60,000.00 ------------------ ---------------1,253,500.00 586,000. 00 ---------------228,500.00 ----------- - ------ ---------------190,000.00 190,000.00 ---------------177,500.00 ---- ------- ------- ---------- -----1,389,500. 00 "? 50,100.00 ---------------31,500.00 ------------------ ---------- - ----1,632,800.00 99,270.21 216,200.00 135,000.00 - - - . ----------- ---------- -- ---820,000.00 - - - . . . . ------------ ---- -----------23, ,500. 00 13, 500.00 ---------------387,000.00 - - - - ------- - ------ - -- ----------- - 10,773,278.50 5,816,496. 50 653,475.38 LOANS TO BORROWERS E l'~GAGED IN THE J<"ISHING INDUSTRY [Under sec. 5 of the Reconstruction Finance Corporation Act : as amended] State -~~~-Florid a _________________ Number of authorizations Number of borrowers -- -- 1Iaine __________________ 12 4 2 3 9 2 2 3 2 2 Virginia ________________ 1 1 1 2 Georgia _________________ Massachusetts __________ Oregon _________________ South Carolina __________ Washington _________ ___ Total _____________ Amount autborized -27 Amount withdrawn or canceled 2 $44,900.00 45,125.00 --- - -------------- - ------------------------------------- - ----------- - ------- 22 j 809,700. 00 90,025.00 See footnotes at end of table. Amount outstanding as of Sept. 30, 1940 2 -----$57, 100.00 76,500. 00 600. 00 29,000.00 52.5, 000. 00 22,000.00 42, 500.00 57,000.00 I Amount disbursed - - - ------------- $12,200. 00 31,375.00 600.00 29,000.00 525,000. 00 22,000.00 42,500.00 57, 000.00 $1,900.00 ---------------- -- - ------- ---- - 470.28 ---------- - - -- -655.27 37,125.47 -------- -------40,151.02 719,675.00 TABLE 4.-Number of authorizations and borrowers, to which authorizatfons were rnade; and amount of authorizations, withdrawals or cancelations, disbursements, and amount outstanding, from Feb. 2, 1932, to Sept. 30, 1940, inclusive, by States 1-Continued ~ ~ NATIONAL DEFENSE ~t-i;, TOTAL, NATIONAL DEFENSE AUTHORIZATIONS UNDER THE ACT APPROVED JUNE 25, 1940 [Amending sec. 5d of the Reconstruction Finance Corporation Act] 0 ~ State Number Net Less: number I of au- Number of bor- Duplica- of borthoriza- rowers tions 15 tions rowers - - - -- -~labama _____ _______ __________________________________________ _ Connecticut __________ ___ ______________ ________ _______________ _ Illinois ___ _________ _____ ______________________________ ____ __ ___ _ Iowa ___ ____________ ____ _______________________________________ _ Kentucky _______ _______ _______ ______________________ _________ _ Massachusetts ____ ___________________________________ ________ __ Nebraska ____ __ ___ _____________ _________________ __ ___________ __ New Jersey ______ ______ ________ ____________________ ___ _______ __ New York __ ___ ________ __ _____________________________________ _ Ohio ______ ____ __________________________ _______ _______________ _ Pennsylvania ___________ _____________________________________ __ Virginia __________ __ ____________________________ _______________ _ \Vashington ___ __ __ ______ ___ __ ___ _________________ __ __________ _ 1 2 ;l l 1 5 1 5 (3 3 1 1 1 1 1 ---------1 1 2 ---------1 -- -------1 -- ---- ---4 1 2 2 I I 5 1 4 6 3 I I 1 4 2 1 ---------1 ---------- 1 - 3 Grand tota.L ______________ _____________________________ __ 42 I 33 I See footnotes at end of table. ---------3 ---------- 1 1 1 1 6 I I 2 1 31 I 1 Amount withdrawn or canceled Amount disbursed Amount outstanding as of Sept. 30, 1940 2 29 14 -------- ----- - ----- - - ------- - --------- 54,555,450.00 1 1,000,000.00 1,000, 000.00 105,000, 000.00 142,000,000.00 19 303,555,450.00 1 1 1 - - - ---14 $88, 000. 00 203,000.00 160,350.00 75, 000.00 12,500.00 128,800.00 6,000.00 280,500.00 416,500.00 3i,250,000.00 125,000.00 15,800,000.00 9,800.00 0 ~ ~ __________________ ________________ ----------------- - - -- -- ---- ----- -- ------------ ----- - ---------- -- - ----$90,000.00 $30,800.80 $61,600.00 0 0 ------------------ --------------.---- --- - - ------------ tn ------------------ -------- -- -- --- --- --- ---- ---- ------- ], 500.00 33,530.54 58,061.08 6,000-00 ------- --- -------- -------- - - ------ -40,500.00 25,000.00 25,000.00 16,500.00 ------------------ ------------- --- ------------------ ------------------ ---- --- ---- ---- - -90,000.00 90,000.00 --- - - - -----------2,270,000.00 2,2i0,000.00 ------------------ - -------- - -- -- - - - -------------- -- -- ------- -- - -- ----- - - - - ·- - - - - - - - 15 f-3 ~ ----- Total _____ __ __ ______ _____ ____________________ __ _________ _ Loans and purchases of capital stock: Defense Plant Corporation 4 ___________________ _ _ _ ________ _ Defense Supplies Corporation 4 ___________ __ _____ _ ___ _____ _ Metals Reserve Co. 4 _ _____ __ _ _ ___________ __ _ _____ _____ _ ___ _ Rubber Reserve Co. 4 __ _ __________________________________ _ 1 Amount authorized 154,500.00 --- ----- ------- --- 2, 504, 661. 08 1,000,000.00 2,449,330.54 1,000,000.00 ·· -- - -- - ----------- - ----------------- ------ ·· ------ - -- - - -- ------------ ---- 5,000,000.00 4,395,055. 27 5,000,000.00 4,395,05.5.2i 154,500.00 12,899,716.35 12,844,385.81 - - ---------------- z f-3 ~ q Q f-3 H 0 z ~ H z > z 0 trj 0 Q ~ ~ 0 ~ ~ _0z REPORT OF RECO:\'STRUCTION FINANCE CORPORATION: 4.-1\Tumber of authorizations and borrowers, to 'll'hich authorizations were made; and amount of authorizations, withdrawals or cancelai'ions, disbursements, and amount outstand£ng, from Feb. 2, 1932, to Sept. 30, 19-40, 1·nclusive, by States 1 Continued TABLE NATIONAL DEFENSE-Continued NATION"AL DEFENSE LOANS tTNDER THE ACT APPROVED JUNE 25, 1940 State Num- lNumber ber of of au- b thororiza- rowtions ers Amount authorized Amount withdrawn or canceled Amount disbursed Amount outstanding as of Sept. 30, 1940 2 -Connecticut ____________ Illinois __________________ Massachusetts __________ Nebraska _______________ New Jersey _____________ New York ______________ 0 hio ____________________ Pennsylvania ___________ Virginia ________________ Washington ____________ Total _____________ :Metals Resen·e Company 4 ________________ Rubber Reserve Company ________________ 4 Grand total, loans_ 2 $203,000.00 ---------------- ------------------ ---------------151,600.00 $90,000.00 $61,600.00 $30,800.00 128,800.00 1,500.00 58,061.08 33,530.54 6,000.00 6,000.00 ------------------ ---------------273,000.00 33,000.00 25,000.00 25,000.00 109,000.00 9,000.00 ------------------ ----------------37,250,000.00 ---------------- ------------------ ---------------125,000.00 ---------------90,000.00 90,000.00 15,800,000.00 ---------------2,270,000.00 2,270,000.00 9,800.00 ---------------- ------------------ ---------------- 2 2 5 1 4 4 3 1 1 1 3 4 3 1 1 1 24 ?.2 1 1 100,000,000.00 ---------------- ------------------ ---------------- 1 1 140,000,000.00 ---------------- 2,395,055.27 2,395,055.27 26 24 294,056,200.00 4,899,716.35 4,844,385.81 I 5 I - - --- 54,056,200.00 --------- 139,500.00 139,500.00 2, 504, 661. 08 2,449,330.54 NATIONAL DEFENSE-PURCHASES OF PARTICIPATIONS, AND AGREEMENTS TO PURCHASE PARTICIPATIONS, IN LO.ANS-UNDER THE ACT APPROVED JUNE 25, 1940 Alabama _______________ _ Illinois _________________ _ Iowa ___________________ _ Kentucky _____________ _ New Jersey ____________ _ New York _____________ _ Total, participations ___________ _ 1 1 1 1 1 2 1 1 1 1 1 2 $88,000.00 8, 750. 00 75, 000. 00 12,500.00 7,500.00 307,500.00 7 7 499,250.00 ------------------------------------------------------------$7,500.00 7,500.00 ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------- - - - - ------ -------,-------- ------15,000.00 ------------------ ---------------- PURCHASES OF CAPITAL STOCK OF CORPORATIONS CREATED BY THE RECONSTRUCTION FINANCE CORPORATION TO AID IN N.A.TlONAL DEFENSE, UNDER THE ACT APPROVED JUNE 25, 1940 I Defense Plant Corporation 4 _________________ Defense Supplies Corporation 4 _____________ Metals Reserve Co. 4 ___ Rubber Reserve Co. 4 .. __ Total, purchases of capital stock __ - 1 1 1 5 2 1 (16) (16) ---9 I 21 $1,000,000 ---------------- 1,000,000 ---------------·· 5,000,000 ---------------2,000,0UO ---------------9,000,000 ---------------- $1,000,000 $1,000,000 -------------------------5,000,000 -------5,000,000 2,000,000 2,000,000 8,000,000 8,000,000 See footnotes at end of table. • TABLE 4.--Number of authorizations and borrowers , to wh-ich aulhor-izat.-ions were rnade; and amount of author£zations, withdrawals or cancelations, disbursements, and amou,nt outstandin g, fr om Feb. 2, 1932, to Sept. 30, 1940, inclus1:ve, by States 1-Continued ~ ~ NATION AL DEFENSE-Continued TOTAL, AUTHORIZATIONS TO BUSINESS ENTERPRISES TO AID IN NATIONAL DEFENSE, UNDER SEC. 5d OF TUE RECONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED ~ t:rj l,;1 State ------------ ------- --------- Alabama ........... . ....... . ................... .... . ....... . .. . Arizona. ...... .... . . ......... .... . . . .. . ...... . . ....... . . ... .. . . Arkansas .... ... ... .. ...... . .. . . . .... .. . . .. . ... . ... . . ... ...... . California . ........ . .. ... ................. . . . ..... .. .. . ........ . Colorado ....... . ............................ . ... ..... . . . . ..... . Florida . ....... .......... .. .. ... . .......... .. . ...... ... ... ... . . Georgia .... ... .. . ... . . . . ........... . ..... .... .. ... . .. .. . . ... . . . Idaho ... . .. .... . ... . . .................................... . . . . . . Illinois ..... . .. ........... . . .... ...... . .... .. .... .. ....... . ... . . Indiana .. ..... ...... .... .. ... . . . ... .. ....... . . ..... . .... .. . . . . . Iowa ..... ............ ... ...... . . . . . . . . .. . . . .. ......... . ..... . . . Kansas ........ .. ...... ... . .. . .. . . ... . .. . ... ...... . .... . ... . .. . Maine .................... . ............. _...... ..... .. ....... . . Maryland ....................... . . . . . ....... .. ...... . .. . ..... . Massachusetts ... ... .... ... . . .. ............ ... .......... ... . .. . Michigan ................. . . . ... .. ....... . .. . . . .. ...... ....... .. Minnesota .. .. .. .. . ...... . . . ................................. . . Number I Number I Les~: INet num•1 Amount author- , Amount with- I Amount dis• bursed drawn or canceled ized ber of of author- of borrow- D?phca• t10ns 14 borrowers ers izations -------1--------------------I ..,') 1 3 8 4 3 2 2 1 3 4 4 1 5 2 2 1 1 == =================~·············· ~============ ~~~~~sir.~~~~~ . . . .............. . ...... . . . . ........ . . . . . ... . . == ... ..... Nebraska New York . ...... ..... . .. . ... . ... .. . .. ....... ........ ... . ..... . Oregon ..................... . .. . ... . . . . ... ... ......... . . ...... . South Carolina ............................................... . Tennessee ... .. . . ......... .. . ... . . .... . ....... . ...... .. ... .... . Washington ................................................... . W~st Vi~ginia ................................................. . W1scons1n ........... ~ ......................................... . 5 1 6 3 1 1 3 2 2 Total ................................................... . 73 See footnotes at end of table. 1 .. ........ 1 .......... 1 2... · ·----···· 2 6 1 . ......... 2 1 1 2 2 1 $13,680.00 7, 650. 00 20,595.00 106,920.00 54,765.00 142, 430. 00 69,385.00 20,655.00 6, 885.00 79, i20.00 41,240.00 27,495.00 27,540.00 37, 065. 00 78,000.00 16, 500. 00 6.88~.oo 60,000.00 113,005.00 56,250.00 106,437.50 34, 425. 00 5, 163. 75 5, 130. 00 20, 770. 00 13,770.00 13,725.00 3 60 1, 186, 086. 25 1 3 · ········· 1 3 2 ... ....... I 2 · ········· 1 ·· ·· · ··••· 2 · · ··· ····· 3 ··· · · ····· 4 . .. . . ..... 1 · · ·· · ····· 3 · ········· 2 · ········· 2 .. ........ 1 . ......... 1 · ········· 5 · ········· 1 ·········· 6 .. ........ 2 ... ...... . 1 . ........ . 1 ·········· 1 3 2 ·········· 63 1 3 2 2 2 1 2 3 4 1 3 2 2 1 1 5 1 6 Amount out· standing as of Sept. 30, 1940 2 1-------- $6,840.00 $6,840.00 · ················· . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .............. _.. 6,840.00 6, 840.00 ·· ······ · ··· ···· ·· 25,377.88 25,520. 00 ·····-············ 6,840.00 6,840.00 $6,840.00 6, 840. 00 6, 840. 00 .. .. .......... .... 6,840.00 6,840. 00 45. 00 · ········· · ······· · ········- ··· · · · ·· · ····· · ··········6,885.00 .................. · ·-··----· · ···-··12,840.00 12,840.00 ····· ···· ······- ·· 6,840.00 6,840.00 · ·- -·· · -·· · · · ···-· 6,840.00 6,840.00 6,885.00 6,885.00 6,885.00 ·--····-····· · ··· · 21, 525. 00 21, 525. 00 900. 00 3,000.00 ···--·--··-· · ····· · ···-·····--··--·· . _...... .. . _... ___ .. ___ ..... _. . . . . . . . .... __ ......... _. ····-······-······ ................................... . ··-· -········· · ·· · · ··· · ···· · ······ · · ·····-···- ········ 73,680.00 · ········ · ········ ··· ····· · ········· 56,250.00 · ······· · · · ······ · ······ ··· ··· ·· · ··· 13,685.00 13,685.00 ····· · · · ·· ······· · '>, 885. 00 6, 885. 00 _. . ....... _. . . . . . . _.... ...... .. ..... ....... . ... .. ..... ........ ......... . . . . . . . . . . . . . . . . . . . -. . . . . . . . . . . . . . . . . . . .. ............. . . . . . . . . . . . . . . . . . . . . -. . . . . . . . . . . . . . . . ................ . 6,705.00 6,705.00 · ······-·· · · ······ 6,660.00 6,660.00 ········ ····· ··· · · 154,485.00 148,585.00 148,442.88 0 ~ 1-3 0 ~ ~ ~ 0 0 z 00 1-3 ~ d 0 8 H 0 z ~ H z > z ~ 8 ~ ~ ~ ~ ~ 45 REPORT OF RECONSTRUCTION FINANCE CORPORATION: 4.-Number of authorizations and borrowers, to which authorizations were made; and amount of authorizations, withdrawals or cancelations, disbursements, and amount outstanding,from Feb. 2, 1932, to Sept. 30, 1940, inclusive, by States 1Continued TABLE NATIONAL DEFENSE-Continued LOANS TO BUSINESS ENTERPRISES TO .A.ID IN NATIONAL DEFENSE, UNDER SEC. FINANCE CORPORATION ACT, AS AMENDED Numberof authorizations State Alabama ______ . _________ Arizona _________ -... -- .. Arkansas . ________ -----California ___ ____________ Colorado. __ . __ ... ---. -. Florida. ______ .. -. -- .... Georgia _________________ Idaho ___________________ Illinois __________ . __ . ____ Indiana _____ ._ ..... -.... Iowa ____________________ Kansas _________________ Maine __________________ Maryland _________ . _____ Massachusetts. _______ .. Michigan _______________ Minnesota ______________ Missouri. ______________ . New York ______________ Oregon __ _______________ Washington. ___________ w ~stv·1~g1n1a · · ___________ W1sconsm ______________ Total, loans _______ Numberof borrowers -- 1 1 2 6 4 3 2 2 1 1 2 2 1 1 3 2 4 3 4 4 1 1 5 3 1 1 2 2 1 1 4 4 5 5 3 2 3 3 2 2 2 1 - 63 - - 53 2 1 3 7 Amount withdrawn or canceled Amount authorized $13,680.00 7,650.00 20,595.00 81,920.00 54,765.00 48,680. 00 6,885.00 20,655.00 6,885.00 79,720.00 41,240. 00 27,495.00 27,540. 00 37,065.00 3,000.00 16,500.00 6,885.00 53,005.00 96,110.00 34,425. 00 20, 770.00 13,770. 00 13,725.00 732,965.00 - -- -- - - --- ------ 5d OF THE RECONSTRUCTION Amount disbursed $6,840.00 Amount out• standing as of Sept. 30, 1940 2 $6,840.00 ---------------- --------------------------------6,840.00 6,840.00 ------------------------------$6,840.00 -- -------------45.00 25, 520.00 6,840.00 6,840.00 6,840.00 25,377.88 6,840.00 6,840.00 6,840.00 ------------------ --------------- ---------------6,885.00 ------------------ ------------ ---12,840.00 12,840.00 ---- -----------6,840.00 6,840.00 ---- --- 6,885.00 -------- - --------- 900.00 ------- 6,840.00 6,885.00 21,525.00 6,840.00 6,885.00 21,525.00 148,585.00 148,442.88 3,000.00 -- ---------------- ----------------- -------------- ------------------ --------------------------------- ------------------------------13,680.00 ------------------ ---------------13,685.00 13,685.00 ---------------6,885.00 6,885.00 --- ------- --------------------- -------------------------------6,705.00 6, 705.00 -- -------- -----6,660.00 6,660.00 ----------- ----38,235.00 AGREEMENTS TO PURCHASE PARTICIPATIONS IN LOANS TO BUSINESS ENTERPRISES TO AID IN NATIONAL DEFENSE, UNDER SEC. 5d OF THE RECONSTRUCTION FINANCE CORPORATION ACT, AS AMENDED California _________ .. ___ _ Florida ________________ _ Georgia ________________ _ Massachusetts _________ _ M~ssissi~pi ____________ _ M1ssour1 ___ ____________ _ Nebraska ______________ _ New York _____________ _ South Carolina. _______ _ Tennessee. _____ _______ _ Total, participations ____________ 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 $25,000.00 93,750.00 62,500.00 75,000.00 60.000.00 60,000.00 56,250.00 10,327.50 5,163.75 5,130.00 $60,000.00 ---------------- -----------------56,250.00 ---------------- ------------------ - - - - 1 - - - - - - - - - - - - ; - - - - - -;- - - - - - 10 116, 250. 00 ________________ _________________ _ 453, 121. 25 MINING, MILLING, OR SMELTING OF ORES LOANS TO BORROWERS ENGAGED IN THE MINING, MILLIN G, OR SMELTING OF ORES 17 [Under sec. 14 of the act approved June 19, 1934, as amended] Arizona _________________ California ___________ __ __ Colorado ________________ Georgia _________________ Idaho ___________________ Kentucky __ ____________ l\,fichigan _______________ J\,Iontana _______________ Nevada _________________ New Mexico ________ ____ Oregon _______ ____ ______ South Carolina __ _______ South Dakota. _________ U tab ________ ___________ Virginia ________________ Washington. ___________ Wyoming _______________ 38 50 12 2 2 1 3 Alaska _____________ _____ 1 3 2 1 1 30 38 12 2 2 1 2 9 11 3 4 1 1 3 2 1 1 18 10 Total _____________ 10 11 3 5 1 16411331 See footnotes at end of table. $1,730,500.00 $1, 262,000.00 $462,500.00 $267,500.00 3,927,100.00 1,262,500.00 2,579,600.00 1,805,600.00 1,495,000.00 1,422, 000.00 73,000.00 69,305.79 24,000.00 10,000.00 14,000.00 9,688.93 240,000.00 240,000.00 - ------- --- - - -- - -- --- ------- -- -- -120,000.00 ----- - -- - --- - --·12, 200. 00 -- --------- ----73, 10). 40 ---------------280,000.00 100, 000.00 985,000.00 257,000.00 253,000.00 728.000.00 3,365,000.00 24,617.73 3,155,000.00 210; 000. 00 21,000.00 41,000.00 20,000. 00 15,000.00 413,500. 00 15,000.00 ------ -- --- ----428,500.00 20,000.00 20,000.00 20, 000.00; -------________ -----______ ---____ ---------------20,000.00 ----- ------ ----60,000.00 42,000.00 18,000.00 8,000.00 22,000.00 8,000.00 14,000.00 14,000.00 20,000.00 --- ----- ---- - -- - - - --------- - ------ ---------- - ----20,000.00 15,000. 00 5,000.00 5,000. 00 2,695,000.00 135,000.00 1,990,000.00 1, 110, 000. 00 1 15,493,100.001I 8,382,000.001 6,245,409.40 3,581,712.45 46 REPORT OF RECONSTRUCTION FINANCE CORPORATION, 4.-Number of authorizations and borrowers, to which authorizations were made; and a.mount of authorizations, withdrawals or cancelations, disbursements and amount outstanding,from Feb. 2, 1932, to Sept. 30, 1940, inclusive, by States 1Continued TABLE SELF-LIQUIDATING PROJECTS, ETC. LOANS ON SELF-LIQUIDATING PROJECTS [Under sec. 201 (a), title II, of the Emergency R elief and Construction Act of 1932, as amended] INum- Num-I ber of authorizations State ber of borrowers Amount authorized Amount withdrawn or canceled Amount disbursed Amount outstanding as of Sept. 30, 1940 2 -- -A labama __ ___ ___________ A rizona __ ______ ________ _ A r kansas _____ __ ___ __ ___ C alifornia __ _________ ___ _ Colorado ___ ________ _____ C onnecticut __ _____ __ ___ Florida ______ ____ ______ _ Georgia ________________ _ I daho _______ ____________ I 11 in ois ____ ___ __ _______ __ __ian a _________________ I n cl. o wa ___________ _____ ____ I Kansas ___ ____ ____ ___ ___ K,...entucky ______________ I ,ouisiana __________ ____ _ I a.ry Ian d ________ ___ ___ M Michigan ________ _______ l\1innesota _____ ____ ____ _ M ississippL ______ ______ M issourL ______________ M ontana ______ _________ N ebraska _____ __________ N ew Hampshire ________ Nrew J ersey __ ________ ___ NTew Mexico ____________ NTew York __ _______ _____ North Carolina _________ 0 hio ___ ___ ___ ___________ 0 klahoma __ ____________ 0 regon _________________ p ennsyl vania ________ ___ south Carolina ___ _____ _ s outh Dakota __________ 'I'exas ____ _________ ______ tah ________________ ___ u irginia ____ ____________ V :vash ington __ __ _______ _ \,\rest Virginia ___________ 1/ isco ns in ______________ 1/yoming ___________ ____ p uerto Rico ______ _____ _ ' '' TotaL ____________ LOANS To 6 5 6 3 10 8 5 1 7 2 1 7 4 1 3 10 13 5 1 7 2 1 7 4 1 3 16 4 1 3 1 2 3 14 4 1 3 1 2 3 2 2 2 1 2 1 f, 4 6 10 4 9 s 8 9 2 10 2 2 2 4 3 1 21 6 8 4 2 1 20 6 2 8 2 1 1 1 1 1 1 1 1 ·- - 192 PUBLIC AGENCIES -- To 176 $224,000.00 $149,500.00 $74,500.00 $55,000.00 1,703,500.00 13,500.00 1,690, 000.00 1, 485, 000. 00 1, 463, S51. 92 515,000.00 948,851.92 581, 521. 99 6, i32,602.94 310, 655, 700. 00 265,523,097.06 1,525,000.00 2,002,233. 79 572,430.00 1,429,803.79 877,000.00 100,000.00 100,000.00 -- -- ----- - --- - -- -- --- - -----------1, 644, 9:30. 78 930,000.00 714,930. 78 440,000.00 41,000. 00 19,000.00 22,000.00 3,000.00 60,000. 00 - ------ - - --- -- - 60,000.00 60,000.00 7,830, 723.00 4,756,250.00 3,074,473.00 97,000.00 833,000.00 773,000.00 60,000.00 --- - ---- ------ - 9,700. 00 9,700.00 - --- -- --------- - - - - ------- ---- ---820, 000.00 ------ -- - - -- - --820,000.00 755,000.00 1,519,624.00 514,624.00 998, 000.00 262,000.00 16,063,000.00 1,789,777.20 14,273,222.80 -- -- -- ---------59,850.00 -- - - -- -- - - - - - - -59,850.00 -- -------------718,841.47 643,841.47 75.000.00 626,242.17 575, 000.00 575;000.00 - ---- -------- -- - -- ---------------325,000.00 50,000.00 275,000.00 125, 000.00 996,140.00 954,140.00 42,000.00 34,000.00 207,000.00 27,000. 00 180, 000.00 ---------------75,000.00 60,000.00 15,000.00 -- ----- --------250,000.00 -- ----- -- - --- - - 250,000. 00 - ------- ----- --3,361, 904.37 85,904.37 3,276,000. 00 -- --------- --- -13,279,600.00 309, 000.00 5,635,600.00 5,482,600. 00 27,218,000.00 5,356,000.00 21,862,000.00 7,175,500.00 1,120,473. 20 592,473. 20 528,000.00 35-4, 000. 00 628,800.00 175,300.00 453,500.00 141,500.00 299,982.81 ------ -- - - -- - - · 299,982.81 ------ ------- --734,625.00 10,000.00 724,625.00 724,157.50 315,000.00 215,000.00 100,000.00 ---------------230,500.00 81,000.00 149,500.00 58,212.11 105, 000.00 105,000.00 -- ------ - -- - - - - - -- ------ ----- -- --4,278,662.85 1,093,012.85 3, 18-5, 650. 00 30,500.00 737,300.00 685,300.00 52,000.00 11,500.00 2, llO, 225. 80 131,376.00 1,978,849.80 183,143.40 3,026,318.37 2,476,318.37 550,000.00 -- -- -----------3,000.00 3,000.00 ----- - ----------- - ----- ---- ----- -40,000.00 ------- - - - - -· --- 40,000.00 ------------- --125,000.00 125,000. 00 - - - - - - - - - - - -· - - - - - - ---------------1,300,000.00 --- - ------ - ----1,300,000.00 ---------------400,092,487.36 32,152,846.08 329, 197, 641. 28 21 ,086,8i7. 17 AID IN FINANCING PROJECTS AUTHORIZED UNDER FEDERAL, STA.TE OR MUNICIPAL LAW [Under sec. 5d of the Reconstruction Finance Corporation Act, as amended] Alahama ____________ . __ Arizona _________ ____ ____ Arkansas _______ ________ California _______________ Florida _________ ________ Georgia _____ __ ______ ____ Idaho __ _________ ________ Illinois __________ ____ ___ _ Indiana ___ _____________ _ lov,a ___ _______ ____ __ __ - Kansas ____ _____ ______ - Kentucky ______________ 3 6 ,1 10 8 6 12 5 12 4 6 f, 2 12 1 1 1 3 2 12 1 1 1 3 See footnotes at end of table. $3,G46,000. 00 $21G, 000. 00 $2,500,000.00 ------515,000.00 ----- ----- ·- --- 480.000. 00 --------$100,000.00 512,300.00 124,000. 00 181,300.00 238;300.00 5,807,500.00 5,639,400.00 164, HJO. 00 19,300.00 2,208,000.00 211,000.00 1,606,000.00 1,115,000.00 66,000.00 4, 967, 991. 81 4, 901, 991. 81 85,000.00 17,500. 00 12.500.00 --- --- -- ---------- -- ----- -- ---- --814,900.00 667,000. 00 53,400.00 53,400.00 67,100.00 67,100.00 -------- --------- - -- --- --------- -255, 000.00 255,000.00 ------------------ ------ ---- -----7,000.00 ---------------7,000.00 6,650.00 88,000.00 ---------------46,000.00 46,000. 00 REPORT OF RECOXSTRUGTION FINANCE CORPORATION 47 4.-Number of anthorizations and borrowers, to which authorizations were made; and amount of authorizations, v:ithdrawals or cancelations, disbursements and amount 01dstand,£ng, from Feb. 2, 1932, to Sept. 30, 1940, inclvsive, by States 1Continued TABLE SELF-LIQliIDATING PROJECTS, ETC.-Continued LOANS To PUBLIC AGENCIES To AID IN FINANCING PROJECTS AUTHORIZED UNDER FEDERAL, STATE, OR MUNICIPAL LA w-Continued [Under sec. 5d of the Reconstruction Finance Corporation Act, af an:ended ] Numbcrof authorizations State Numberof borrowers Amount authorized Amount withdrawn or canceled Amount disbursed Amount outstanding as of Sept. 30, 1940 2 - - --Louisiana. ____________ .. Maine. _____ _________ ___ Michigan. ______ ________ Missis-s ippi. ____________ Montana __ _____ ________ New Hampshire. _______ New Jersey ____________ _ Xew Mexico ____________ New York ______________ North Carolina ________ _ 0 b io ____________________ Oklahoma. _____________ Pennsy]yania ___________ South Carolina _________ Tennessee. _____________ 1'exas ___________________ Utah ___________________ ashington ____________ Wisconsin ______________ ,v Total _____________ 1 1 2 1 1 12 4 21 8 7 3 3 5 24 6 2 1 9 1 1 1 3 4 20 4 7 3 3 3 20 6 1 1 $19,000. 00 25,000.00 15, 000.00 15, 225 . .500. 00 175,000,00 1,769,000.00 418,000.00 30,000.00 67,266,036.00 773, 000. 00 1,454,000.00 766,000.00 61,310,000. 00 200,000.00 14.308.000.00 17, 120. coo. no 201,0~.oo 13,720,000.00 55,000.00 171 149 214,061,827.81 1 1 1 4 -- 2 $19,000.00 - --------- - ----$25,000.00 --------- --------!'i,000. 00 10,000.00 227,000.00 9,466,500. 00 --------------------------- ------1,769,000.00 --- ·· -·· ---------418,000. 00 ---------------19,800.00 ·--------------10.000,036. 00 566,000.00 64,000.00 305,500.00 737,000.00 717,000.00 6.55,000.00 --------- -- ----3, 378, 911. 24 57, 931, 088. 76 10,000.00 ---------- - - -- -· 6,000,000.00 8,308,000.00 3, 105, 500. 00 226 . .500.00 63,000.00 ----- - --- - -------12,235,000.00 - -- - - - - -- - - - - - - - 55,000.00 -----------------13, 160, 111. 24 120,441,516.57 $18,500.00 ---------------10,000.00 4,363,500.00 ------------------------------------------ --19,800.00 300,000.00 215, 500.00 29,000. 00 55,000.00 ---------------10,000.00 8,307,600.00 732.000.00 -------- -- - - - --8, 715, 000. 00 ---------------24,382,550.00 DRAINAGE, LEVEE, AND IRRIGATION DISTRICTS LOANS TO DRAINAGE, LEVEE, IRRIGATION, AND SIMILAR DISTRICTS, ETC. [Under the Emergency Farm Mortgage Act of 1933, as amended] Arizona _________________ Arkansas _______________ California. ______________ Colorado ________ . _____ - _ Florida _________________ Idaho ___________________ Illinois ___________ _______ Iowa ______ ___ ____ _______ Kentucky ______________ Louisiana _______________ Minnesota ____ _______ ___ Mississippi ____________ _ MissourL _______________ Montana ______ _________ Nebraska _______________ N ernda _________________ New Mexico ____________ North Carolina _______ __ Oregon ________________ _ South Carolina _____ ____ South Dakota ____ ______ Tennessee ______________ Texas ___________________ Utah _________ - ___ - - - - -v·1rgmm .. ________ ________ '\Vashington. _______ ____ isconsin ______________ ,vyoming _______________ ,v 22 146 143 60 67 59 94 13 4 21 1 117 108 30 15 6 8 86 61 32 34 29 44 7 3 19 1 71 76 18 10 4 2 63 7 6 7 138 10 2 26 6 6 5 60 16 12 12 2 30 1 3 -- Total. ____________ 1,193 2 17 1 2 -652 See footnotes at end of table. $13,884,453.77 $10,655,440.33 $3,206,748.55 $3,051,735.27 15,187,745.51 2,286,535.24 12,667,618.98 11,457,026.58 21,749,745.92 25,393,596.45 24,799,582.11 49,628,346.61 2,817,993.08 5, 144, 841. 35 2, 251, 601. 01 2,652,918.05 5, 458, 531. 44 492,551.00 4,747,292.30 4,519,176.98 1,749,865.44 3,079,715.33 893,695.86 1, 552, 183. 25 2,769,656.18 3,860,385.67 903,961.88 2,467, 141. 73 194,836.55 383,500.00 183,000.06 166,386.83 64,503.83 91,932.45 21,854.36 69,603.70 760,196.53 1,494,433.77 071, 116. 73 813,181.07 302,500.00 302,500.00 ------------- ----- ---------------5,435,235.56 659,028.22 4,756,412.61 3,972,374.64 5,572,530.80 6,664,682.27 8,130,349.86 1,430,533.94 1, 129, 216. 19 1, 212,226.23 1,960,749.31 537,138.96 1,465,000.00 1,694,330.20 l,.164,666.66 126,163.54 481,000.00 969,433.00 534,576.06 434,856.94 728,000.00 963,807.76 868,385.87 84,807.76 i6,99g.84 35,/500.00 174,000.00 1,000.16 2,572,609.69 2,841,383.00 3,094,236.46 105,928.20 128,500.00 305,160.00 149,928.37 155, 231. 63 119,000.00 lfiO, 100. 00 6,000.00 156, 100.00 83,899.49 91,799.49 110,300.00 18,000.00 14,294,004.00 15,153,270.14 1,022,169.52 16,852,824.64 244,000.00 31.5, 499. 96 637,500.00 322,000.04 136,000.00 --- - ------ - ---136,200.00 200.00 984, ,500. 00 1. 168, 372. 90 1,425,495.70 257,122.80 22,000.00 22,000.00 ·-- . - - -- - - -- - - - - - ------ ---- - -- - 58,900.00 62, 400.00 68,900.00 ---------------- 140,653,008.39 45,594,184.10 90,137,095.70 83,359,885.97 48 REPORT OF RECONST'RUCTION FINANCE CORPORATION, 4.-Number of authorizations and borrowers, to which authorizations were made: and amount of authorizations, withdrawals or cancelations, disbursements, and amount outstanding, from Feb. 2, 1932, to Sept. 30, 1940, inclus,ive, by States 1 _ Continued TABLE REPAIR OF DAMAGE BY EARTHQUAKE, FLOOD, ETC. 1933 [Under sec. 201 (a) (6), title II, of the Emergency Relief and Construction Act of 1932, as amended] LOANS FOR FINANCING REPAIR OF DAMAGE BY EARTHQUAKE, FIRE, TORNADO, OR CYCLONE IN Numberof author- Numberof boriza- rowtions ers State Amount with• drawn or canceled Amount authorized Amount outstanding as of Sept. 30, 1940 2 Amount disbursed -- -California ___ ___________ _ Kansas ________________ _ Louisiana ______________ _ Maine __________________ Tennessee ______________ Total _____________ ~ 6 1 1 1 1 1 4 2 1 1 1--6, I I $7,500,000.00 1,000,232.20 200,000.00 1,650,000.00 100,000.00 $639.00 886,527.32 43,200. 00 990,627.04 130. 74 $7, 499, 361. 00 113,704.88 156,800.00 659,372.96 99,869.26 I I 10,450,232. 201 1, 921, 124, 101 ---------------$104,474.88 70,326.79 ------------------------------I 8,529,108.IOj 147,801.67 LOANS TO FINANCE REPAIR OF DAMAGE BY EARTHQUAKE, FLOOD, OR OTHER CATASTROPHE IN 1934, 1935, AND 1936 1933, [Under the act approved Apr. 13, 1934, as amended] California _______________ Connecticut _____ _______ Florida _________________ Georgia _________________ Maine ____ __ ____________ Maryland ____ __________ Massachusetts __ ________ Mississippi _______ ______ Montana _____ _________ _ New Hampshire ________ New Jersey ___ ____ ______ New York __ ___ ________ _ North Carolina _________ Ohio ___ _______________ __ Pennsylvania _____ ______ Texas _____ __ ________ ____ West Virginia __ ____ ___ __ Total _____________ 5~1 1 51 1 1 157 20 9 123 86 1 11 1 24 1 2 207 2 4 144 20 9 120 81 1 11 1 21 1 199 1 3 705 667 -- ,.,C) $1,252,830.00 I________________ $2,150,000.00 $897,170.00 142,945.00 51,770.00 91,175.00,1 $38,125.44 50,000.00 38,459.00 11,541. 00 ---------------1,335,500.00 • 345,694.65 989,805.35 686,257.57 24,250.00 15,800.00 8,450.00 1,590.80 24,600.00 13,000.00 11,600.00 1,533.00 325,159.00 258,335.00 66,824.00 10,265.13 216,250. 00 40,379.02 175,870.98 87,767.14 33,305. 00 150,000.00 116,635.00 21,922.13 42,950. 00 19,478.86 23,471.141 9,091.62 500.00 500.00 ------------------ ----- ----- -- ---17,625.00 53,697.00 36,072.00 26,495.00 10,500.00 10,500.00 ------ ------------ ---------- -----4,900.00 ---------- - --- -4,900.00 1,799.89 1,035,387.75 391,565.00 643,822.75 246,321.05 140,000.00 120,000.00 20,000.00 ---------------20,950.00 27,650.00 6,700.00 140.00 5,734,288.75 ALL 2,260,341. 53 3,473,947.22 1, 131, 308. 77 OTHER LOANS TO CREDIT UNIONS [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] Massachusetts __________ Michigan ______________ _ Minnesota __________ ___ _ New York ___ _____ _____ _ Rhode Island ___________ Virginia _______________ _ Total _____________ 2 1 1 $843.42 $73,711.58 $74,555.00 55,495.70 65,000.00 9,504. 30 261. 29 9,738.71 10, 000.00 20,000. 00 - -------- - ----- -· 20,000.00 12,263. 00 455,183.00 467,446.00 5,966.8C 5,966.80 ------------ - - 10 7 642,967.80 3 1 1 1 2 2 1 1 1 -- -- 42,872.01 $14,182.58 ----------------- ----- ------------------------ ·--------------. --------------- 600,095.79 14,182.58 LOANS TO PROCESSORS, OR DISTRIBUTORS SUBJECT TO PROCESSING TAXES [Under sec. 5 of the Reconstruction Finance Corporation Act, as amended] Connecticut_ ___________ 1 Kentucky __________ ____ 1 Mon tan a ____ _________ __ 1 New Jersey ___ __________ 1 0 h io . _____ ______________ 1 Pennsylvania ___________ 1 Tennessee ______________ 1 Total _____________ - 7 1 1 1 1 1 1 1 7 See footnotes at end of table. $567. 6f $567.68 --------------3,428.0C 3,428.00 ----------- ---· $487.90 ·--------- -------· 487.90 3,300.00 ----------------3,300.00 7,400.00 ·- ---------------7,400.00 3,905.69 3,905.69 ---------------6,816.69 183.31 7,000.00 ... 26,089.27 11,371. 21 -------------------------------------------------------------------------------------------------------14,718.06 ---------------- REPORT OF RECO~STRCC'TION FI~ANCE CORPORATION 49 4.-:.Vumber of authorizations and borrowers, to u. hich authorizations were made: and amount authorizations, withdrawals or cancelations, disbursernents, and amount outstanding, fro,n Feb. 2, 1932, lo Sept. 30, 1940, inclusive, by States 1Continued TABLE 1 of ALL OTHER-Continurd LOAN TO STATE Fr~D FOR SECURING REPAYMEXT OF DEPOSITS OF PCBLIC MONEYS [Under sec. 5 of the Reconstruction Finance Corporation Act. as amended] INum- lNumber of berof au. thor- boi. row1zat1ons ers State Amount authorized Amount withdrawn or canceled Amount disbursed Amount outstanding as of Sept. 30, 1940 z ---'Wisconsin ______________ 3 1 $13,08i. 715.88 $23,084.70 $13, 064, 631. 18 ---------------- 3 1 13,087, 715.88 23.084. 70 13, 064, 631. 18 ---------------- ---Total _____ ________ LOANS TO REFINAN CE PUBLIC SCHOOL DISTRICT OBLIGATIONS [Under the act approved Aug. 24, 1935] Arkansas __________ - _- - _ Florida _________________ Texas ___________________ 1 20 1 10 10 33 31 22 Total _____________ - - - - - $1,123,800.00 $973,800.00 $150,000.00 $145,500.00 242,000.00 ---------- --- --- ------------------ ---------------883,000.00 415,175.00 1,431,250.00 411,675.00 2, 797,050.00 1,856,800.00 565,175.00 55i, 175.00 LOAN FOR PAYMENT OF TEACHERS' SALA.RIES [Under sec. 16 of the act approved June 19, 1934. as amended] 1 I 1 $22,500,000.00 $200,000.00 1 22,500, 000.00 200,000.00 I Illinois __________________ Total _____________ - - - -1 $22,300,000.00 ---------------22, 300,000.00 ---------------- AMOUNTS MADE AVAILABLE FOR RELIEF AND WORK RELIEF, UNDER THE EMERGENCY RELIEF AND CONSTRUCTION ACT OF 1932, AS AMENDED Alabama ___ ____________ _ Arizona. ______________ __ Arkansas ______________ _ California ____________ __ _ Colorado _______________ _ Florida ________________ _ Georgia ____ ____________ _ Idaho ___ _______________ _ 111inois _________ ____ __ __ _ Indiana ________________ _ Iowa __ _________________ _ Kansas . _______________ _ Kentucky ___________ __ -, Louisiana ______________ _ Maine ________________ __ Maryland _____________ _ Michigan ______________ _ Minnesota ___ __________ _ M!ssissiJ?pL ___________ _ M 1ss0un _______________ _ Montana ___________ ___ _ Nevada __ ___ ___________ _ New Hampshire _______ _ New Jersey ____________ _ New l\fexico _____ ______ _ New York. __ _______ ___ _ North Carolina ________ _ North Dakota _________ _ 0 hio. ___ ____ __________ - Oklahoma _____________ _ Oregon . _____ _____ _____ _ Pennsylvania __________ _ Rhode Island __________ _ South Carolina ________ _ South Dakota ________ __ 141 7 7 9 8 6 20 ! 5 13 15 10 i 9 6 6 2 30 8 8 16 21 10 3 1 5 5 5 11 37 5 16 7 ~ I 5: 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 See footnotes at end of table. $4,211,688.00'----------------I 1,448,269.00 ---------------- 1 4,833,967.00 ________________ 10; 0~1.631.00 ---------------3,832,990.00 ---------------3,886,512. 00 ---------------1,745,692. 00 ---------------1,026,566.00 ---------------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 -- ------ ---- ---4,616,789.00 ---- ------ --- --2,368, 285.00 ----- ----- -- --- 262,632.00 ---------------1,366,603.00 ---------------2,009,291.00 ---------------387,903.00 ---------------26,600,000.00 ------- --- ----- 5,950,000. 00 ----- - -------- -592, 768. 00 _______ ____ ____ _ 19, 272,205.00 $15,000.00 4,570,597.00 ---------------2,798,290.00 ---------------34,929,875.00 - --------------1, 123, 590. 00 _______________ _ 4,575,270.00 ---------------1,803,945.00 ---------------- $4,211,688.00 ---------------1,448,269.00 ---------------4,833,967.00 ----------- - ---10,081,631. 00 ---------------3,832,990.00 ---------------3,886,512.00 ---------------1, 745,692.00 ---------------1,026,566.00 ---------------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 ---------------4,616, 789.00 ---------------2,368.285.00 ------------- - -262,632.00 ---------------1.366,603.00 ---------------2,009,291.00 ------------ --- 387. 903. 00 __________ . ____ _ 26,600,000.00 ---------------5, 9.50, 000. 00 _______________ .. 592,768.00 --- - - ----- --- --19, 257,205.00 ---------------4, 570, fi97. 00 ---------------2, 798,290.00 --- ---- ----- - --34,929,875.00 ------- ------ --1, 123, 590. 00 _______________ _ 4,575,270. 00 --------- - ---- -1,803,945.00 -- ----- -- --- ---- 50 REPORT OF RECONSTRUCTION FI~ANCE CORPORATIO~ 4.- -f'.lumber of authorizations and borrowers, to which authorizations were made: and amount of authorizations, withdrawals or cancelations, d1·sbursements, and amount outstanding, from Feb. 2 , 1932, to Sept. 30, 1940, 'inclus1·ve, by States 1Continued TABLE ALL OTHER-Continued AMOUNTS MADE AVAILABLE FOR RELIEF AND WORK RELIEF, UNDER THE EMERGENCY RELIEF AND CONSTRUCTION ACT OF 1932, AS AMENDED-Continued State Number of authorizations Number of borrowers Amount authorized Amount withdrawn or canceled Amount disbursed Amount outstanding as of Sept. 30, 1940 2 -Tennessee .. ___ . ________ Texas ___________________ Utah _________ ...... _. __ Virginia ______ . _______ . _ Washington __ . _________ West Virginia ___________ Wisconsin. ___ __________ Hawaii. ________________ Puerto Rico ____________ Total _____________ 13 13 9 20 18 15 5 2 1 3,375,352. 00 7,952,292.00 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 1 1 1 1 1 1 1 1 1 4421441 300,000,000.00 3,375,352.00 7, 952,291.00 2,923,439.00 8,495,304.00 5,977,430.00 9,655,218.00 12,395,362.00 394,935.00 360,000.00 ---- ----------- - 1.00 -- ---- ------ -- -- - -- -- - -- --- ---- - ----------- ------------------- -- -------------- ---------------- ---- ------------ 15,001.00 18 299, 984, 999. 00 --------------------------------------------------------------- ------------------------------------------------------------------------(18) "Borrowers" represents applicants to whom loan and other authorizations have been made. repayments unallocated, pending advices, as of Sept. 30, 1940. 3 Includes 960 loans approved to 716 fruit growers located in certain areas in Washington. 4 These authorizations are not include tl in the State totals shown aho\"e, hecause the operations of the borrowers ordinarily are not confined to any 1 State. 5 In addition. upon certification by the Federal Emergen cy Relief Administrator, under the Federal Emergency Relief Act of 1933. the Corporntion disbursed $499,%0,000 for relief, as ~hown on p. 52 of this table. The Corporation also disbursd $3-19,065. 72 for expwses neces-;ary to carry out the provisions of the above act, ma~in~ a total of $499,999,0()5.72 disbursed. a Duplications in the number of banks and trust companies have arisen in cases where the Corporation has made authorizations to open banks and trust companies, and. also has made authorizations to aid in the reorganization or liquidation of the same banks and trust companies. 7 Duplications in the number of banks and trust companies have arisen in cases where the Corporation bas made authorizations to a bank or trust company under more than one of the classifications under sec. 304 of the act approved Mar. 9, 1933, as amended. 8 Subscription for preferred stock of an insurance company. 0 Revised. :o Includes 12 authorizations in connection with refinancing of loans previously made by the Corporation to Federal land banks. 11 Includes $193,M8,000 representing refinancing of loans previously made by the Corporation to Federal land banks for different individual amounts . but in the same aggregate amount. 12 Of this amount, $5,000,00J represents rnvo lvin g credits established in October 1939 to aid in financing the exportation of cotton, and $74,290.46 represents increases hy rea:;ou of repayments in connection with the revolving credits. This authorization was eligible U!lder sec. 201 (c) of Emergency Relief and Construction Act of 1932, and/or under sec. Sd of R econstruction Finance Corporation Act, as amended; but for statistical purposes it is being included in authorizatio ns under sec. 201 (c). The Corporation has agreed to participate with banks U!ld2r this authorization; and of the $5,000,000 authorized, $4,500,000 represents the amount of the Corporation'" agreement to participate. 1a Does not include 3 authorizatiom as follows: An agreement to repurchase securities sold by the Corporation aggregating $-1, 150,000 which has been -:?anceled, and guaranties of $670,000 of securities sold by the Corporation of which $64 ,000 has been canceled. 14 After eliminating duplications arising in cases where the Corporation also authorized loam or participations to the same business enterprises uncter sec. Sd of the Reconstruction Fi::1ancc Corporation Act, as amended . 1° Duplications in the number of business enterprises have arisen in cases where the Corporation had made authorizations to business enterprises, to aid in national defense, and also has made authorizations to the same business enterprises other than to aid in national cl.efcnse. 16 Included in "number of borrowers" und er national defense loans under the act approved June 25, 1940, shown above. 17 Classified by States accordi!lg to the location of the property of the borrowers. 1s Of the $299,984,999 disbursed for relief and work relief as shown on p. 50 of this table, $17,159,232.30 was repaid to the Corporation hy Stat0s and political subdivisions. In addition, pursuant to the provisions of the act approved Feb. 24, 1938, the Corporation's notes were canceled in the amount of $282,825,766.70. equinlent to the balance of the amounts disbursed for relief and work relief under title I of the Emergency Relief and Construction Act of 1932, as amended. 1 z Includes REPORT OF RECONSTRUCTION FINANCE CORPORATION 51 !.-Participations by banks, etc., z'n loans to business enterprises author'ized by the Reconstruction Finance Corporation, by States (except in · connection with natfonal defense) TABLE 4-ADDEKDU~I [Under sec. 5d of the Reconstruction Finance C'orporntion ..\ct, as amended] [From June 19, 1931, to Sent. 30, HHO, inclusive] Amount authorized to be taken by banks, etc. i State 1 I Loans by banks, Loans by banks, etc., in which etc., in which Sales of partici Reconstruction Reconstruction pations by ReFinance Corpo- Finance Corpoconstruction Finance Corpo- ration authorized ration authorized purchase of deration to banks, purchase of irnmediate partici- ferred participaetc. 2 pation 3 tion 3 $130, 876.67 $179,650.00 Alabama_ . .. . ... .............. 100,000.00 3,625.00 Arizona ....................... _ 38,800.00 76,830.00 Arkansas ...................... 177, 191. 18 128,880.54 California ...................... 105. 500. 00 24,875.00 Colorado ................ ...... . 137,916.67 190,250.00 Connecticut. ................... Delaware .......... ............ ------------ ------ -------- ----- ----District of Columbia ........... ------------------ -------------- ---236,800.00 57,750. 00 Florida ....................... . 332. 175.00 748, 751. 16 Georgia ....................... _ 27,900.00 2,500.00 Idaho ...................... _. __ 401, 191. 67 169,953.78 Illinois ........................ . 131,900.00 251,000.00 Indiana ........................ 82,250.00 20,250.00 Iowa . ......................... 50, 5,50. 01 97,666.67 Kansas ................. .... .. - 306,750.00 47,825.00 Kentucky . ... ................. _ 8,000.00 20,500.00 Louisiana ............ . ..... ... _ 61,500. 00 3,000.00 Maine._ .. ..................... 1, 071,160.00 23,750.00 Maryland .. .... ···-·· ......... _ 295,656.66 541,650.00 Massachusetts ................ _ 190,000. 00 .547,625. 00 Michigan ................ .. ... . 142,320. 00 65,R75.00 innnesota ............... _.... _ 9,350.00 27,500.00 MississippL ................... _ 106,935.34 80,766.67 Missouri. ............. _....... _ 19,807. 50 115,018.98 Montana ................ - ..... . 38,250.00 24,641. 56 Nebraska _....... ••··········· 88,500.00 235,000.00 New Hampshire ......... · ···· 446,180.00 92, 291. 67 New Jersey ..... ........... .. . _ 136,967.30 New Mexico ........ . ......... . - ------ - ---- ----- ·· 486,595.79 452,050. 00 New York._ .................. _ 821,000. 00 74,750.00 North f'arolina ............... __ 390.00 3, om. oo North Dakota .................. 644,047.45 281. 565. 00 Ohio _·············· · ··········54,500. 00 3;000.00 Oklahoma ...................... 242,133.33 1,252,500. 00 Oregon . . ........ .. ............ _ 3, 805, 3(16. 67 1. 079, 150. 00 Pennsylvania .......... ~ ..... . _ 689,833.33 26,900.00 Rhode Island .................. 6,000.00 3,000.00 South Carolina ................. 16,150.00 5,433.33 South Dakota ............... . . _ 110, 884.07 210,160.00 Tennessee .................. .. . _ 121,6~9. 90 160,3GO.OO Texas .. ·•····-············· · ·· · 17,500.00 23,500.00 Utah_····················-· · •· · 700. 00 Vermont .·- ·-·····-··········· · ---- - ------ - ---- - 128,400.00 38, 500.00 Virginia .. . _.... ......... _...... 180, 750. 00 54,975.00 Washington ... ............. .... 107,000. 00 36,000.00 West Virginia ............ _..... 353,250.00 68,400.00 Wisconsin ........... __ ......... 8,000.00 Wyoming ...................... -----------------65,000.00 Alaska ... ·-···················· -----------------Hawaii.. ...... ... _............. ------- -- --------- ------- - --- ---- --112,500.00 Puerto Rico_ ................... ------------------ Total ............ ·-····· · 8,930,738.79 11,466,050.01 Total $430,275. 00 410,427.86 72, 925.00 10, 080,825.00 270,371. 67 15:i, 955. 00 27,500.00 52,550. 00 584,270.00 2,554,314.14 41,624.00 205,085.00 540,000.00 55,625.00 243,932.93 889,112.50 12,450. 00 48,270. 00 152,700.00 401,615.00 1,381, 050. 00 245. 257. 50 109:840.52 1,733,480.00 120,675.00 178,806.66 $740, 801. 67 514,052.86 188, 55.5. 00 10,386,896. 72 400,746.67 484, 121. f,7 27,500.00 52,550.00 878,820.00 3,635,240.30 72,024.00 776,230.45 922,900.00 15g, 125.00 392,149.61 1,243,687.50 40,950.00 112,770. 00 1, 247, 610. 00 1, 238, 921. 66 2, 118, 675. 00 453,452.50 146,690.52 1, 921, 182. 01 255,501.48 241,698.22 323,500.00 1, 020, 321. 67 250,967.30 2,906,554.12 1,478,630. 00 14,740.00 2,821,832.35 472,983. 33 1, 75i 133. 33 6,154,952. t7 799,483.33 411,775.00 44,583.33 1,390,360.49 1,076.403.23 142,250.00 70, 500. 00 995,387.50 5,433,983.33 502,564.29 1, 219, 050. 00 98,422.75 83,900.00 200, 000.00 150,000.00 --- --- - --- --- - - - -- 481,850.00 ll4, 000. 00 1,967,908.33 582,880. 00 11,300. 00 1,896, 219. 90 415,483.33 262, 500. 00 1, 270,435.80 82,750. 00 -102, 775.00 23, 000. 00 1,069,315.52 794,403. 33 101,250. 00 69, 800.00 828.487. 50 5.203,25~.33 3.59, 564. 29 797,400.00 90,422.75 18,900.00 200,000.00 37,500. 00 38,080,341. 86 I 4 58, 477, 130. G6 According to location of borrower. Them amounts are included throughout this report in loans authorized by Reconstruction Finance Corporation under sec. 5d, as amenRed, -inasmuch as in each case the entire amount of the loan is authorized and disbursed by Reconstruction Finance Corporatjon. Sale of participation t akes place usually at time of disbursement. 3 These amounts are in addition to participations authorized by Reconstruction Finance Corporation under sec. 5d, as amended, as shown throughout this report. 'In addition, bank~, etc., were to partiripate in the amount of $10,724,333.33 in commitments outstanding at the close of Sept. 30, 1940. 1 2 52 REPORT OF RECONSTRUCTION FINANCE CORPORA'T ION IL-Amount of disbur.,ements for relief upon certification of grants by the Federal Emergency Relief Administrator, under the Federal Emergency Relief Act of 1933, from Jl,,fay 12, 1933, to Sept. 30, 1940, inclus-ive, by States TABLE 4-ADDENDUM [Not included in the foregoing table 4) Amount State: A la barn a ______ ______ ______________ _ Arizona _____ __________ ______________ _ Arkansas _______________ __ _____ ___ _ Californ:a ___ . ___ _______ ______ ___ __ _ Colorado _______________ ___________ _ Connectif'uL __ __ __________________ _ Delaware ___ _____ __________________ _ District of Columbia ______________ _ Florida ____ __ ____ ____ ______________ _ Georgia _____________ ____ _______ . ___ _ Idaho ____ ___________ _____ _________ _ Illinois ______ _________ _______ __ ____ _ Indiana ___________________________ _ Iowa _____ __________ ____ ________ -- __ Kansas . _______ ____ ______ _____ - _-- - _ Ken~~cky _____ __________ ________ ___ Louisiana _______ __ _______ ______ ___ _ l\,Iaine ____ . ___________ --- _- _- _-----Mary Ian d ___ . _____ ___________ _____ _ Massachusetts __ . ______ .. ______ - _- _- _ Michigan _____________ ____ _________ _ Minnesota _____________ __ ___ __ __ - _- _ Mississippi_ ____ ___ _______ ____ - _-- -2\1 issonri __________________________ _ Mon tan a ___ ___ _.. __ __ ___________ - __ _ Nebraska __________________________ _ Nevada ______ ______________________ _ New Hampshirn ___________________ _ disbursed $8, 99-1. 391 2,834, 145 7,410, 249 15,823,535 3,!125,050 Amount State: disbur.<?ed New Jersey_____________ ____________ $15, 423, 438 Kew Mexico ________________________ 889,188 New York __ __________ ____ ________ _ 63, 131,~26 North Carolina ____________________ 9, 709, 990 North Dakota .__ _____________ ______ 3, 612, 520 0 hio ____ ___ . ________________________ 36, 763, 382 1,594, Ei4 Oklahoma_______ _______ ____________ 6. 309,005 1,010, 708 Oregon __ ____________ __ ____ __ . ____ _ 3,213,315 L0EG,174 Pennsylvania. ______ ________ ___ ____ 44,106,509 13, 347,232 Rhode Island____ _____ ________ ____ __ 1, 870, 967 7,705.354 Sou th Carolina_ ____________________ 10, 424, 200 ~09,957 South Dakota_ ____________________ 7,035,597 52, 240.03S Tennessee_______ ____ _____ __________ 6, 369, 196 1 ! , 27.i9, 425 Texas ________________________ ______ 13, 24P, 874 5,24~. 789 2, 732, 726 Utah_ -----------------------------1,723, 352· Vrrmont___________________________ 481,544 5, 94.'i. 118 Virginia _______ ____________ ______ __ _ 5, 594, 074 13, 034, IS? ·w ashinl!ton _______________ ______ ___ 5,627,175 1,251, 414 ·w rst Vin;dnia ______________________ 11, 090, 5D9 7,171,098 \Visconsin __________________________ 9, 619, 053: 11, 35.'i, 140 Wyo ming __ ________________________ 190, 383 31,369,782 Alaska ________ ··-___________________ 349, ti29' S, 831. 9.'i9 Hawaii_ __ _____ __ ______ __________ ___ 1,110,561 8, .5.'i0, 286 Puerto Rico . _______________________ 1, 970, 201 6,685,494 Virgin Islanr!s ____ __ ______ ________ __ 281, 753· 2,853,3.'ii 2,125,699 TotaL ____________________________ 499, 650, OOOi 370,801 96n, 436 1'ABLE 5.-Aggregate loan and other authorizations, by acts oj Congress, from Feb. 2, 1932, to Sept. 30, 1940, inclusive Authorizations Withdrawals or cancelations I ,o~ms under sec. 5 of the Reconstruction Finance Corporation Act, as amendect: Ranks and trust companies: Receivers, liquidating agents and conservators. ________ __ ___ _________ . ___ .. $1,133,1Gl,430.H3 Otherz _____ _____ ___ _____ ______ ______ _______ ______ _______ _________ ____ __ __ 1,334,954,661 . 08 $282,047,411 . 95 196, 555, 755. [:3 --- Dis bursemeu ts Repayments and other reductions 1 Outstanding as of Sept. 30, 1940 $824,630, (WB. 2fi l , 074, 573, 518. 25 $W, 123,155. 13 li3, 774,762.37 1, 899, 204, 181. 51 8:i, 897, 917 . .50 . ··• Total, banks and trust companies~ . ____ _______ __________ ___ _____ . ____ . _. 2, 468, 116, 091. 71 Building and loan associations: Receivers ______ ____ _______ _______ __ ____ __ ___ __ ____ ____ _____ ____ ____________ Other ____ ____ _____ ___ __________ __ ___ _________ ______ ___ ______ ___ _________ ___ - 478,603,167.48 $8-14, 753, 818. 39 1, 138,348,280.(;2 - - ·--·---·- - - - 1, 983, 102, OU9. 01 - 25,306,796.19 137, 376, 341. 56 22, 352, 231. 92 12,741 ,743. 69 2. 954, 5<i4. 27 ll!J, 535,999.05 2,579,282.85 115,313,984.89 375,281.42 4,222,014. Hi 'I'otal, building and loan associations __________________________ __ ______ ___ 162,683,137.75 35,093,975.61 122,490,563.32 117, 893, 267. 74 4,597,295.58 Insurance companies ______ _______________ __ _____ ______ __ __________ ___ _________ 104, 439,750. 19 13,746,540. 38 90,693,209.81 88,517,43G.92 2,175,772.89 Mortgage loan companies: To aid in the reorganization or liquidation of closed banks ________ _________ To business enterprises._. ___ ____ . _____ . _____ __. _______________ . ______ __ __ . To The RFC Mortgage Company __ _____________ ____ ___ ____ __________ __ __ __ To Federal National Mortgage Association _____ . ____ . ___ . _____ __. ____ . ___ . Other ___ _____ ____ ____ ___ ____ _____ _________ _____ ______ ______ ____ __ __ ____ ____ '!'otal, mortgage loan companies ___ . . __ _____ ________________ __ . _____ ____ . _ Credit unions ... _____ ___ _______ . ___ ________ ________ _____ ________ __ ____________ _ Federal land banks __ ._. ____ _ . __ _____ ____ .. _____ ____ ___ ____ _____ ___ . _. __ _______ J oint-stoGk land banks ____ ___. _________ ___ ___ . ___ ___ . __ . _____ __ . ____ ___________ Federal intermediate erect it uanks ____ . ___ ________ . __ ___ _______ ______ _______ .. _ Agricultural credit corporations ______ _______ ____ __ ___ ______ ___ ___ _____ __ ____ ___ Regional agricultural credit corporations . _____ ___ . ___ .. ________ _____ ___________ Livestock credit corporations .. ___ ____ ________________ __ ______ ___ __ _____ ____ __ _ -- 6 ~ ~ 0 1-:r_j ~ ~ 0 0 zw ~ ~ 122,299,023. 9G 18,982,262. 63 16,422,275.00 10,720,439.85 143,368,261.03 -------- ---------133, 962, 7\:13. 11 --------------- --356,711,163.90 104,034,045.43 772, 763,517.00 133,736,747.91 6-12, 967. 80 42,872.01 3 399, 636, 000. 00 12,400,000. 00 31, 393, 359. rn 6,726,478.93 9,250,000.00 -- ---- -- --- - ----- 6,120,867.59 477,249.37 178,840,452.48 5, 596, 811. 76 14,511, 327. 88 1,539,729. 19 103, 316,761.33 5,701,835.15 139,218,364. 86 108,873,652.64 242,859,225.01 90,741,917.49 5,048,359.77 103, 058, 231. 43 38, 834,237.65 210,830,727.74 12, 574, 843. 84 653,475.38 36,160,133.43 70,039,414.99 32,028,497.27 599,969,838.99 448, 513,474.08 151,456,364.91 600,095.79 3 387, 236, 000. 00 24,666,880.20 9,250,000. 00 5,643,618.22 173,243,640.72 1?,971,598. 69 585,913.21 3 387, 236, 000. 00 21,152,871.89 9,250,000.00 5,599,953.83 173,243,640. 72 12,971,598.69 14, 182. 58 ------- --- - - - - -- ---- - -- - - 3,514,008.31 ----- ---- --- -- -- -43,664.39 ---------- ---- -- --- ---- - -------- - -- Railroads: Loans: Receivers and trustees _________ __ ________________________ ______ _______ _ Other _____ ___ __ ____ __ __________ ______________ ___ _______ __________ __ ____ Purchases of securities: Rece ivers and trustees ___ ________ __ ___________ __ _______ __. __ ________ __ _ Other ___ ___ ______ __ __ _______ ____ ______ __________ _________ _______ __ _____ Guaranties _________ ____ ____________ _____ ___ _____ ___ __________ ________ __ ____ 35, 978, 881. 95 719,342,935.00 844,791.00 105,560,164.89 39,183,000.00 4 92, 713, 900. 00 o 5, 350, 000. 00 Total, railroads . ___ _______ _____ . ___ ________________ ______________________ 892,568,716.95 12,624,000.00 8,200.00 39,016,800.00 26,392,800.00 46,203,700. 00 553,600.00 92,160,300.00 45,956,600.00 350,000.00 - -- -- - - - ------- ----- -- ------- ---- ------- ---------- ---- -- -470,039,040.53 309, 833, 981. 53 107,316,755.89 779,873,022.06 See footnotes at end of table. : d ~ H 0 z ~ H z > z 0 t:rj C':2 Q ~ t:o 35,134,090.95 613,561,831.11 7,942,431.00 229,542,150.53 27, 191, 059. 95 384,019,680.58 0 ~ ~ 0 z H c.n C;.J TABLE 5.-Aggregate loan and other authorizations, by acts of Congress, from Feb. 2, 1932, to Sept. 30, 1940, incl1lsive-Continue d Authorizations Loans under sec. 5 of the Reconstruction Finance Corporation Act, as amendedContinued. Processors or distributors subject to processing taxes ____________ ____ _____ __ __ ___ of public State funds created for the purpose of insuring repayment of deposits moneys __________ __ ___ ___ ______ ___ ___ ____ ______ ____________ _________________ _ Borrowers engaged in the fishing industry __ ______ __ ___ _______ _________ ________ Withdrawals or cancelations Disbursements I 26,089.27 11,371.21 14,718.06 13,087,715.88 809,700.00 23,084.70 90,025.00 13,064, 631. 18 719,675.00 Total, sec. 5 of the Reconstruction Finance Corporation Act, as amended ____ 5,054,889,693.63 795,404 , 809.44 4,203,539,591.05 - Subscriptions for stock of mortgage loan companies unde.r sec. 5c of the Reconstruction Finance Corporation Act, as amended: The RFC Mortgage Company ____ _______ ____ ________ _____ __ ___________ _______ _ Federal National Mortgage Association __ ____ ____ __________ ____ ________ ______ . _ Other ____ ____ ____ ___ _______ ____ ___________ __________ __________ ____ ______ ___ __ __ _ 25,000,000.00 11,000,000.00 1,250,000. 00 1,250,000.00 - c.Jl ~ Repayments and I Outstanding as of Sept. 30, 1940 other reductions 1 14,718.06 , ____ ________ ______ 13,064,631.18 -- -- -- --- _-- - _. ___ 40, 151. 02 679,523.98 715, 778, 397. 71 3,487,761,193.34 - --- -- - - ---- - - - I Authorizations for national defense un<Ier the act approved .Tune 25, 1940 (amenoing sec. 5d): Loans _____ _______ ______ ____ ________ ____________ ______ ______ _____ ___. ____ ___ Participations _____ ___ __ ___ . ____________ _ ___ _ . ___ . _____ _ . _. _ _ . . .. . Purchases of capital stock of corporations create<i by the Reconstruction Finance Corporation to aid in national defense _______ ____ ___ _____. ______ _ H... C· ~ ~ 0 0 ~ w ~ r. 0 ~ H 0 z ITj H ~ 8g 424, 904, 676. 37 - -- - ---- - 135,032,864.73 229,467,288.06 100,939,262. 98 128,528,025.08 -- - - - -- ------- ~ ~ 0 M 10 294,056, 200. 00 199,250.00 4,899,716.35 J:i9, ,500. 00 1,"i, 000. 00 --- - - - - - - - - - --- - - ~~~.- ~ ~-- 30:: :::: ::: :: 1-- - -- -- Total, national defense under the act approved June 25, 1940 ___ _______ l=====I Authorizations to business enterprises to aid in national defense under sec. 5d, as amended: 11732,965.00 Loans ___ __________________________________________________________________ 38,235.00 453,121.25 116,250.00 Agreements to purchase participations_______________________________ _____ _ Total, business enterprises to aid in national defense______________________ ;j H 36,000,000.00 36,000,000.00 1, 2,50, 000. 00 37,250,000.00 Total, sec. 5c of the Reconstruction Finance Corporation Act, as amended ___ l = = = = I == = = == 1- - - - - = I=== I===== Authorizations under sec. 5d of the Reconstruction Finance Corporation Act, as amended: Authorizations to business enterprises under sec. 5d· as amended (except to aid national in Loans __ _________________________ ______________ ________ _________ _____ __ 6 323,005,160.38 _____defense): 118,423,909.50 209,499,385.74 91,075, 4,6. 24 86,933,628.60 Participations ________________ __ ___ ______ ________ _______ ___ ________ __ ____ __ 7 101,899,515.99 10, 104, 115. 58 9,863,786.74 19,967,902. 32 48,099,236.13 Total, business enterprises under sec. 5d, as amended (except to aid in national defense) _________ ________ _________________________ ___. __ _. _____ 6 M 25, 000,000. 00 11,000,000.00 25,000,000. 00 , -- -- -- -- -- -- -- -- -- -11,000,000.00 -- - -- - - --- --- - -- -- - - ~ t_Tj 1,186,086.25 154,485.00 4,844, 38fi. 81 55, 3:30.."i4 - - -- -- - - - - - - - - · - ·· - 8,000,000.00 - - - -- - - - - - - ---- - - - - - -- --- - -- - -- --- - - 8,000,000.00 12,899,716.35 55,330.54 12,844,385.81 148,585.00 142. 12 148,442.88 148,585.00 142. 12 148,442.88 ., r_, 0 ~ ~ c, ~ ~ H H 0 z Loans to public agencies under sec . .5d of the Reconstruction Finance Corporation Act as amended . . .. _. _._ .. . . . _. . . _. _.. __. _.. _.. __ __ .. . . . . . _. ....... _. . . 214,061,827.81 . Total, sec. 5d of the Reconstruction Finance Corporation Act, as amended __ Loans on the assets of closed banks and trust companies under sec. 5e of the Reconstruction Finance Corporation Act, ns amended . _. . _.. _.. . . .. . _. _. .. __ . _.. . . . _. . _. Authorizations under the Emergency Relief and Construction Act of 1932, as amended: Loans on self-liquidating projects, sec. 201 (a), title II . . . . . .. . . ....... . . __ . __ ... . Loans for financing repair of damage by earthquake, fire, tornado, or cyclone in 1933, sec. 201 (a) (6), title IL . . .... . . . ..... .. .... . . . . . .. .... . .. . . ... ..... . . . . Authorizations for financing exports of agricultural surpluses, sec. 201 (c), title II ....... .... . . .. . . . . . . . . . . . . .... ... . . ... ......... . .. . . . .. . .. . ...... . ... . 13, mo, 111. 24 120,441,516. m 96,058,966.57 91,853,946. 31 34,600,569.55 24,382,MO.OO .. - -- -- -·-· 943 , 708,040.43 148,501,960.97 362,957,105.98 - - - - - - - -- 47,265,005.28 .. . 197,053,702.21 165,903,403.77 44 , 369,002.57 2,895,912.71 32,152,846.08 320,197,641.28 308, 110, 764. 11 21,086,877. 17 10, 450, 232. 20 1,921,124.10 8, 529, 108. 10 8,:354,306.43 174,801.67 1298,445,245.68 46, 146, 368. ,56 47,208,877. 12 47,251 , 981.13 46,8U.5. U9 Loans for financing of agricultural commodities and livestock, sec. 201 (d), title II: Commodity Credit Corporation . .. .... ... ... . ... .. . ..... ... . . .... . .. . . ... . 1,604,712,664.99 86,061,513.08 Other ... . ·-·-·-·- -·- · · - · -···· ·- ···---· · ······ ·--·· · · · · ··- · - · ·· · ·· · ···· ··· · · 836,995,702.78 66, 367, 021. 30 767, 71n, 962. 21 19,644,491. 78 Total, sec. 201 (d), title IL .. . ..... . .. ... .. . .... .. . . . . . . .. . . .. . . ..... . . . . . 1,690,774,178.07 903,362,724.08 787, 3(H, 453. 99 300,000,000.00 15, 001. 00 299,984,999. 00 Total, Emergency Relief and Comtruction Act of 1932, as amended .. . _.. . . _. 2,499,762,143.31 983,598,063.82 1,472,372,079. 49 Authorizations under sec. 304, title III, of the act approved Mar. 9, 1933, as amended: Loans on preferred stock of banks and trust companies . . .. . . . ... . ... . . . .. . . .. . . Subscriptions for preferred stock of banks and trust companies . . ..... .. . . .. _.. . Purchase of capital notes or debentures of banks and trust companies . . . . ·- . .. _ - - -- ----- -- :0 H 0 ~ ~ t7j ('j 7U7, 716, 9fi2. 21 --- ---- --~ --- - -- -519, 672. (i(i 19,124,8 19.12 -----786,841,781.33 !3 1,4so, 543, 832. 00 I I I 0 ~ 'U.,: 519,672. 66 299, 984, 909. 00 . . __ _. _. _ .. . . _. . . . 21,828,247.49 H ~ ~ n H H 0 53,098,525. 76 955, 453,313. 24 433, 860,350. 00 7,640,225.00 75,549,257.44 90, 549,500.00 45,449,300.76 851,027, 055.80 343,295,850. 00 14, 775, 250.63 416,093,292.64 244. 388, 148.00 Total, sec. 304, title III, of the act approved Mar. 9, 1933, as amended . . .. . .. . 1,442,412,189. 00 173,747, 982.44 1,239,772,206. 56 675, 256,691. 21 Loans under sec. 5, title I, of the Agricultural Adjustment Act of 1933, as amended . 23,500,000.00 20,200,000.00 3,300,000.00 Authorizations under sec. 1 of the act approved June 10, 1933, as amended: Loans on preferred stock of insurance companies ...... ..... . ... . . .. .. . ... ..... . Subscription for preferred stock of an insurance company .. ..... .. .. . .. .. ..... . 34,375,000.00 -- --- -- -- ----- ---100, 000. 00 ---- -- - - ----- --- - - Total, sec. 1 of the act approved June 10, 1933, as amended . .... . _. . . . .. ..... . 34,475,000. 00 ------ -------- - -- - See footnotes at end of table. t'rj ~ 0 400,092,487.36 Amounts made available for relief and work relief, sec. 1, title L. _... .... . . _.. . :0 30.674. 0.50. 13 434, 9:33, 763. 1o 98,907,702.00 I 564,515,51 5.29 3,300,000~00 1·· ··· ··· · · ···•· ··· 34,375,000.00 8,424,982.78 100, 000. 00 ------ ------ ---- --- 34, 475,000. 00 8. 424, 982. 78 ~ ~ H ~ > ~ () t::j 25,950,017.22 100, 000. 00 a 26,050,017. 22 6 :0 0 ~ > H ~ 0 2! C)1 C)1 TABLE 5.-Aggregate loan and other authorizations, by acts of Congress, from Feb. 2, 1932, to Sept. 30, 19.f+0, inclusive-Continue d I Loans to or for the benefit of drainage, levee. irrigation, and similar districts under sec . 36, title II, of the Emergency Farm Mortgage Act of 1933, as amended ___ __ _. Loans to finance the repair of damage by earthquake, flood, or other catastrophe in 1933, 1934, 1935, and 1936, under the act approved Apr. 13, 1934, as amended._ ._. _ Loans to borrowers engaged in the mining, milling, or smelting of ores, under sec. 14 of the act approved June 19, 1934, as amended ___ _______ _______ -- -- --- --- -- -· Loan to a public-school authority for payment of teachers' salaries due prior to June 1, 1934, under sec. 16 of the act approved June 19, 1934, as amended ___ ._ . . __ 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 ___ ____ ______ ___ _____ _________ __ . ___ ___ ___ ___ _______. ___ . __ _____ ___ . . Repayments and Outstanding as of Sept. 30, 1940 other reductions 1 O:; . . A ut h onzat1ons Withdrawals or cancelations 140,653,008.39 4,5, 594, 184. 10 90,137,095. 70 6,777,209. 73 83,359,885.97 0 5,734,288.75 2, 260, 341. 53 3,473, 947.22 2,342,638.45 1,131,308.77 15,493,100. 00 8,382,000.00 6,245,409.40 2, 663, 696. 95. 3, 581, 712. 45 r-3 0 200,000.00 22,300,000.00 Disbursements : r-o 22,500,000.00 2,797,050.00 1,856,800. 00 565,175.00 Grand totaL _.. ___ ___ ______ ______ __________ ___ _______ ____ ____ ________ ________ _ 10,315,028,459. 82 2, 2[5,506, 711.85 7,522,402,615. 68 - --- - - - 22,300,000.00 --------- ----- --- - 14 8,000.00 557,175.00 5, 900, 801, 039. 30 1,621,601,576.38 Exclusive of repayments unallocated, pending advices, as of Sept. 30, 1940. Includes $167,500 authorized through banks to business enterprises, of which $52,838.65 was withdrawn or canceled, anti $114,661.35 was disbursed and repaid . Includes $193,618,000 representing refinancing of loans previously made by the Corporation to Federnl land banks for different individual amounts but in the same aggregate amount. • Does not include an agreement to repurchase, and the right on the part of the purchasers to resell to the Corp Jration an interest, amounting to $4,150,000, in a note of a railroad sold by the Corporation. This note has been rep:1id and, therefor e, thi ~ agnement to repurchase and the ri~ht to resell has been canceled in full. 5 Does not include a guaranty of equipment trust certificate , of receivers of a railrnad in the principal amount of $320,000 sold by the Corporation of which $64,000 has been canceled, and a guaranty of a note of a raiiro:1.d in the amount of $150,000 sold by the Corp mi.tiori . 6 Includes $8,930,738.79 representing sales of p:trticipations authorized to ban ·{s, etc.; and also includes $2,42.S, 'H6.19 repres~ nting sales of the Corporation's interest in loans, in connection with which the Cor poration authorized agreements to purchase participations in the amount of $?,312,180.55. 7 Includes $23,878 representing purchases of participations which the Cor poration later sold to banks, with an agreement to repurdiasc. 8 Does not include $2,336,058.55 representing agr0ements to purchase participations, in loans and p articipations sold, as this amount is included in loans in the amount of $2,312, 180.55 and in purchases of participations in the amount of $23,878. 9 In addition, $11,466,050.01 was t aken by banks, etc .. in loa:is in which the Corporation authorized purchases of participations, and $38,080,341.86 was taken by banks, etc., in loans in which the Corporation authorized agreements to purchase participations. 10 Includes $104,100 representing sales of participations authorized to banks, etc. 11 Includes $13,420 representing sales of participations authorized to banks, etc. 12 Of this amount, $5,000,000 represents revolving credits established in October 1939 to aid in financing the exportation of cotton, and $74,290.46 represents increases by reason of repayments in connection with the revolving credits. This authorization was eligible under sec. 201 (c) of Emergency Relief and Construction Act of 1932, and/or under sec. 5d of Reconstruction Finance Corporation Act, as amended; but for statistical purposes it is being included in authorizations under sec. 201 (c). The Corporation has agreed to participate with banks under this authorization: and of the $.5,000,000 au thorized, $4,500,000 represents the amount of the Corporation's agreement to participate. 13 Includes $17,159,232.30 representing repayments and other reductions by States and political subdivisions; and $232,825,766.70 representing cancelation of the Corporation's notes, pursuant to the provisions of the act approved Feb. 24, 1938, equivalent to the balance of the amounts disbursed for relief and work relief under title I of the Emergency Relief and Construction Act of 1932, as amended. 14 Of this amount, $282,82Fi,766.70 represents cancelation of the Corporation's notes, pursuant to the provisions of the act approved Feb. 24, 1938, equ ivalent to the balance of the amounts disbursed for relief and work relief under title I of the Rmergency Relief and Construction Act of 1932, as amended . 1 2 3 <:Ji ~ ~ ~ M 0 0 '.7. w. r-3 :.'O ~ () 8 ~ 0 ~ ~ ~ ~ > ~ ~ 0 g r-o 0 ~ ~ r-3 ~ 0 ~ REPORT OF RECO~STRUCTION FI~ANCE CORPORATION TABLE 57 6.-Total loan and other authorizations from Feb. 2, 1932, to Sept. 30, 1940, inclusive, by months 1 GRAND TOTAL Year and month Amount of authorizations 2 Amount of disbursements Amount of repayments and other reductions Amount outstanding at end of period --------- ----------1932 February __________________ 1\.-Iarch ___________________ __ April__ . ___ _________________ ~1ay _______________________ June _______________________ July _______________________ August_ _________ -__________ September _________________ October ____________________ November _________________ December __________________ Total _______________ -1 $91,601,057.00 142,333,075.06 228,771,667.33 199,450,025.39 388,254,246.63 170,934,728.59 189,068,106.31 138,480,782.93 162,373,914.36 96,598,980.32 128,332,558.65 $70,868,417.52 121,477,890.49 155, 543, 323.23 158,983,559. 12 298,276,8Hi.59 171,149,931.86 146,180,913.71 72,120,713.91 137,623,749.68 61,020,558.96 131,501,263.75 $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 $70,849,572.52 183,453,579.71 331,987,822.44 174,530,654.33 724,122,570.00 860,657,320.79 971,605,266.20 998,822,822.05 1,088, 881,255.45 1,122,720,837.37 1,224,798,685.44 1,936,199,172.57 1,524,747,138.82 299,948,453.38 1,224,798,685.44 -- ~ 1933 January ____________________ February __________________ March _____________________ ApriL ______________________ May ________ _______________ June _______________________ July __ ______________________ August_ ____________________ September __ _______________ October _______________ _____ November _________________ December __________________ 142,844,447.43 283,171,473.85 217,732,207.45 162, 526, 631. 98 141,928,875.46 154,047,880.32 201,024,785.36 57, 792, 381. 18 44,791,443.05 517,388,597.97 347,536,421. 56 475,432,646.36 117,995,293.92 199,499,330.83 179,533,134.72 117,500,398.87 195,805,854.81 123,677,037.80 115, 339, 396. 98 83,128,537.43 39,271,494.74 48,646,412.75 186,473,065.01 369,537,593.42 32,452,828. 29 35,971,603.16 55,813,566.83 40,213,996. 05 46,800,209.06 94,656,029.32 112,949,299.42 73, 520, 461. 92 61, 734, 251. 55 69,684,650.98 51,202,045.08 67,574,183.47 1,310,341,151.07 1,473,868,878.74 1,597,588,446.63 1,674,874,849.45 1,823,880,495.20 1,852,901,503.68 1,855,291,601.24 1,864,899,676.75 1,842,436,919. 94 1,821,398,681.71 1,956,669,701.64 2,258,633,111.59 Total __________ _______ 2,746,211,191.91 I! 1,776,407,551.28 742,573,125.13 2,258,633,111.59 January ____________________ February ____________ ______ March ___________________ __ _.\ oriL _________________ _____ ~fay ________ _______________ June _______________________ July _______________________ August _____________________ September _________________ October ____________________ November _________ ________ December __________________ 406,209,086.17 132,453,627.03 196,750,948.78 101,690,047.09 105,719,957.01 3 261, 134, 292. 91 72,792,004.65 188,298,608.36 288,766,955.19 192,322,799.21 53,612,012.41 116,472,752.03 343,781,484.63 138,223,573.21 174,702,436.92 137,503,338.54 100,482,025.14 205,212,280.51 3 278, 190, 303. 16 115,003,399.80 54, 364, 910. 22 60,087,192.35 87,827,623.32 132,546,512.48 86, 163,fi78.38 82,739,872.01 91,311,849.17 91,123,212.32 66,997,270.39 67,831,380.42 3 443, 161, 666. 45 136,883,990.63 71, 019, 841. 07 79,142,232.20 73,407,395.85 114,654,725.17 2,516,250,917.84 2,571,734,619.04 2,655,125,206.79 2,701,505,333.01 2,734,990,087.76 2,872,370,987.85 2,707,399,624.56 2,685,519,033.73 2,668,864,102.88 2,649,809,063.03 2,664,229,290.50 2,682,121,077.81 Total _____ __ _________ 2, 116,223,ogo.84 I 1,827,925,080. 28 1,404,437,114.06 1935 January ____________________ February ______________ _____ March _____________________ ApriL ______________________ May _______________________ June _______________________ July _______________________ _ August _____________________ September _________________ October ____________________ November _________________ December _________________ _ 32,097,248.47 19,850,030.26 37,057,127.58 58,444,786.45 32,373,109.22 138,554,994.07 28,253,080.00 2o,263,593. 76 130,225,477.53 30,382,759.40 121,318,317.28 39,883,602. 95 49,275,454.45 54,737,368.83 39,624,905.90 56,104,278. 17 61,729,009.88 137,909,087.21 124,588,307.71 51,347,644.38 42,029,803.99 28, 436, 221. 25 17,986,037.69 43,792,967.11 73, 431, 516. ,58 60,582,383.40 54,747,687.70 48,076,834.97 46,989,617.07 53,863,165. 23 60,091,046.99 40,278,281.99 34,940,786.92 47, 011, 116. 53 34,143,979.73 106,845,402.79 2,657,965,015.68 2, 652, 120, 001. 11 2,636,997,219.31 2,645,024,662.51 2,659,764,055. 32 2,743,809,977.30 2,808,107,238. 02 2,819,376,600.41 2,826,465,617.48 2,807,890,722.20 2,791,732,780.16 2,728,680,344.48 Total ____ _________ ___ 694,704,126.97 707,561,086.57 661,001,819.90 2,728,680,344.48 1936 January ____________________ February _________________ _ March _____________________ ApriL ____________ __________ May _______________________ June _______________________ July ________________________ August_ ____________________ September _________________ October ____________________ November ___ ____ __________ December _________________ _ 24, 616, 712. 69 14,550,320. 97 118,649,972.55 36,136,714.96 86,766,870.91 27,873,909.23 170,693,029.28 43,475,154.54 7, 367, 861. 24 26, 005, 119. 77 11,963,130. 21 8,843,948.97 62,162,133.42 16,990,711.44 19,472,138.21 28,601,474.57 25,788,347. 90 23,103,343.50 42,200,622.53 27, 119, 391. 90 18,627,653.01 28,303,788.54 10,835,460.87 25, 067, 831. 62 49,420,650. 65 52,691,446.85 75,355,568.31 46, 190, 361. 91 150,760,907.52 112,566,613. 95 238,717,224.01 37,692,959.78 26,885,137.49 34, 990, 512. 10 33,898,180.19 63,318,770.11 2,741,421,827.25 2,705,721,091.84 2,649,837,661.74 2,632,248,774.40 2,507,276,214.78 2,417,812,944.33 2,221,296,342.85 2,210,722,774.97 2,202,465,290.49 2,195,778,566.93 2,172,715,847.61 2,134,464,909.12 328,272,897.51 922,488,332.87 - 1934 . Total_ _______________ 576,942,745.32 I I See footnotes at end of table. - I I 2,682,121,077.81 2,134,464,909.12 58 REPORT OF RECONSTRUCTION FINANCE CORPORATION TABLE 6.-Total loan and other authorizations from Feb. 2. 1932, to Sept. 30, 1940, inclusive, by months 1-Continued GRAND TOTAL-Continued Year and month Amount of authorizations 2 --------- Amount of disbursements - - 1937 ____________________ J anuary __________________ F ebruary arch _____________________ M ______________________ A priL ay _______________________ Mune _______________________ J uly ________________________ J ugust _____________________ A _________________ september ctober ____________________ 0 ovember _________________ N ecember __________________ D Amount of repaymen ts and other reductions Amount outstanding at end of period - $14,393,108.36 8,567,248.17 12,320,949.53 78, 530,795.69 4 38, 973, 264. 60 30,523,385.49 93,G28,384.38 159,763,200.30 30,366,313.60 5,343,764.78 7,710,017.35 82,756,434.30 $48,158,198. 30 15,407,071. 11 16,194,887.98 25,673,199.15 9,964,373.76 26,874,505.42 37,472,893.07 12, 788, 981. 64 21,686,285.17 21,078,488.24 28,129,122.08 62,568,572.20 $35,494,380.73 37,365,969.68 88,234,854.56 42,318,804.87 26,245,972.64 23,621,504.72 24,964,024.74 76,989,563.85 15,983,439.46 16,373,756.98 12,171,240.37 27,714,348.95 $2,147,128,726.69 2,125,169,828.12 2, 053, 129, 861. 54 2,036,484,255.82 2,020,202,656.94 2,023,455,657.64 2,035,964,525.97 1, 971, 763, 943. 76 1,977,466,789. 47 1,982,171,520.73 1,998,129,402.44 2,032,983,625.69 562, 876, 866. 55 325,996,578.12 427, 477, 861. 55 2,032,983,625.69 Total. _______________ 45,441,658.35 31,466,873.65 24,948,640.72 100, 95.5, fil3. 36 3.5, 021, 975. 20 35, 833, 30:3. 74 70,290,735.90 73, 898,250.18 54,121,856.02 64,596,720.27 53, 85:3, 296. 53 55,689,869.83 646, 118, 793. 75 28,148,557.77 32,803,563.47 23,232,818.71 27, 318, 105.84 36,446,31)5.25 16,261,804.34 26,215,962.76 42,630,179.43 28,409,639.21 56,939,667.17 24,148, 989.78 95,357,725.58 437,918,369.31 19,696,526.16 33,752,556.10 6 293, 425,401.04 11, 291, 449. 52 146, 426, 781. 06 21,535,923.82 72,453,676.05 24,956,949.67 10,602,980.92 28, 857, 811. 82 9,163,852.14 36,949,822.08 709,113,730.38 2,041,435,657.30 2,040,491,664.67 1,770,299,082.34 1,786,325,738.66 1,676,345,312.85 1,671,071,193.37 1,624.833,480.08 1,642,506,709.84 1,660,313,368.13 1,688,395,223.48 1, 703, 380, 361. 12 1,761,788,264.62 1,761,788,264.62 1939 J anuary ___ __ ______ _________ __ ____________ . ___ F.ebruary arch _____________________ M &.... priL _______ - __ - ___ - - - - -- - _ ay _______________________ Mune _______________________ J uly ________________________ J A ugust ____________________ _ _________ ____ ____ september ctober ________________ ____ 0 :r ovem ber _________________ N D ecember __________________ TotaL _______________ 18, 722, 321. 12 22, 252, 7.57. 3.5 59,421,843.03 33, 147,290.42 28,740,770.57 4 23, 702, 921. 84 4 30, 972, 535. 89 4 10, 205, 796. 01 4 13, 215, 768. 09 52,697,534.99 441,797,977.51 17,826,477.29 4 352, 703, 994. 11 18, 180, 475. 19 15, 996, 751. 79 24,462,607.94 24, 512, 491. 98 28,351,976.16 26,970,695.09 41,958,397.90 15, 526, 542. 77 21,643,210.63 18,603,540.69 30,208,609.07 20,877,048.47 287,292,347.68 57,338,978.95 2R,80G,259.83 23, 660, 229. 11 78,571,335.07 28,139,248.84 88,593,426.19 23,953,498.26 13,546,198.28 8,426,218.09 14,097,548.39 56,249,178.05 28, 211, 457. 99 444,593,577.05 1,722,629,760.86 1,714,820,252.82 1,715,622,631.65 1,661,563,788.56 1,661,776,515.88 1,600,153,784.78 1,618,158,684.42 1,620,139,028.91 1,633,356,021.45 1,637,862,013.75 1,611,821,444.77 1,604,487,035.25 1,604,487,035.25 J anuary __ __________________ 1940 February __________________ M arch ___ __ __________ ______ Total, first quarter ___ 28,691,148.64 67,471,336.32 56, 523, 14 5. 18 152, 685,630.14 23,009,607.79 58,301,911.72 21 , 091,543. 34 102,403,062.~5 39, 811, 628. 84 30,893,122.28 16,892, 303.91 87,597,055.03 1,587,685,014.20 1,615,093,803.64 l,61q,293,013. 07 1,619,293,043.07 :\. priL. __ __ ____ _______ ____ __ '\1ay ___ _______ ____ ___ ___ __ _ .I. une ______ __ _______________ J 50, 238, 330. 90 HJ, 069, 31 5. 53 4 86, 192, 149. 90 4 155, 499. 796. 33 21, 502, 271. 66 20,473,435.57 467,042,909. 85 4 109,018,617.08 24, 365, 821. 45 25,387,869.74 43, 287, 901. 24 93,041,592.43 1,616,429,493.28 1,611,515,059.11 1,635,270,067.72 1,635,270,067.72 47,752,849.38 211, 457, 552. 29 115,646,049.60 374, 856, 451. 27 46, 813, 951. 20 20,104,847.85 27, 941. 037. 13 94,859,886.18 30,255,335.92 20,317,827.64 6 57, 955, 213. 96 6 108, 528, 377. 52 1,651,828,683.00 1,651,615, 703. ~l 1,621,601,576.38 lr621,601,576.38 Grand total. _________ \ 7 10, 315, 028, 459. 82 7,522,402,615.68 5, 900, 801, 039. 30 1,621,601,576.38 TotaL _______________ 1938 J an uary _____ . _____________ . __________________ F ebruary arch _____________________ M ______ ________________ A priL ay _______________________ Mune _______________________ J uly ________________________ J ugust _____ ________________ A _________________ september 0 ctober ____________________ ovem ber _________________ N ecember __________________ D Total, second quarter_ uly ________________________ J ugust _____ ________________ A 8 eptember __ _______________ Total, third quarter __ 4 4 4 6 1 Does not include allocations and loans to other governmental agencies by direction of Congress; pur-chases of securities from Public Works Administration; and commitments outstanding. 2 These figures have been adjusted on account of rescessions. 3 Includes $193,618,000 representing refinancing of loans previously made by the Corporation to Federal land banks for different individual amounts, but in the same aggregate amount. 4 Revised. 5 Of this amount, $282,825,766.70 represents cancelation of the Corporation's notes, pursuant to the provisions of the act approved Feb. 24, 1938, equivalent to the balance of the amounts disbursed for relief and work relief under title I of the Emergency Re1ief and Construction Act of 1932, as amended. 6 Exclusive of repayments unallocated, pending advices, as of Sept. 30, 1940. . . . • 1 Does not include the following: $2,336,058.55 representing agreements to repurchase partic1pations in Joans and participatiom authorized to business enterprises; $4,820,000 of securities or obligations of railroads or their receivers, sold by the Corporation with its guaranty or with its agreement to repurchase. 7.-Loans to aid in the reorganization or liquidaUon o/ closed banks and trust companies from Feb. 2, 1932, to Sept. 30, 1940, inclusive, by States (includes loans to receivers, liquidating agents and conservators, and loans through mortgage loan companies and through a livestock credit corporation to aid in the reorganization or liquidation of closed banks, under sec. 5 of the Reconstruction Finance Corporation Act, as TABLE amended; and loans on the assets of closed ban/cs and trust companies under amended) S(:C. 5e of the Reconstruction Finance Corporation Act, as ~ tr.:l BANKS AND TRUScr COMPANIES National State, etc. 1 -- Slate Amount authorizecl Amount withdrawn or ear1 celcd ----- - - 6 ~ Total r-3 -- Amount disbursed Anw:m t authorized --·--~- ---··•-- -- - - ·--------· A rnount withJrawn or ca ucelcd -- Aruount disbursed --- Ala barn a ____________________ $1, li3,300.00 $382,402. 20 $790, 897. 80 $5, i07, 812. 4G $2, 70:1, 2li7. 89 $2, 404, 54-1.. [j7 Arizona _____________ ______ __ 217,000.00 67, C00. 00 149, 400.00 247, 500.00 117, 198. 27 i:.:w, 301. n Arkansas ___________ __ ____ __ _ l, 785,200.00 3M, 251. 29 1, 428, 94g_ 'il 0, 280,652.61 3, G~9, 314. 94 5,583,314.36 California ___ ____ __ __________ l ~{, 948, 484. 71 2,854, 6~3.W 11, 093, 801. 62 3, 3615, 681. 4 4 293, 4-13. 90 3,073,237.51 Colorado ____________________ 1. 867, 950. 20 439,019.63 1,428,930.57 2, 951. 70 71,500.00 68, fi48.30 Connrcticut_ _.. ____ ___ ____ __ - --- -- - -- --- - --- ~- --- - - - --- ~---- --- -- - - - - ----- -3, 331, 000. 00 675,234. 48 2, 655, 765. 52 District of Columbia ________ 16, 664, 341. 35 :2, 53fl, 948. 39 14,127,392.96 ---- ··----- ------ ---- ------------ ---------------Florida. ______ ______ __ _____ _ 1,866.300. 00 720, ,503. 82 1, 1·1-5, 791'\. 18 4,957,072.27 3, 024, 30K 48 1, ?32, 763. 79 Georgia ______ __ ____ _______ __ 513,800. 00 20·1, 631. 45 309,168.55 4,709,195. 48 2,066,236.97 2, 642, 958. 51 Idaho _______ ________________ 3,628, 400. 00 364, 201'\. 73 3. 264, 193. 27 - --- -- - -- ---- -- -- - - -- - --- ·· ·-- -- ---- -- -- --- ---- Illinois _____________________ _ 37, 756, 212. 96 9, 2.56, 399.69 28,193,4!3.27 30,033,682.07 11,000,732.63 19,032, 949.44 Indiana __ _______ _____ ____ ___ 21, 230, 926. 87 4, 7~{l, 648. fi0 Hi, 499, 278. '27 13, 388, 37.5. , ' 15 2,561,979.58 3,826,396.27 Iowa __ ____ ____ __ ____ __ ______ 11,401,002. 20 2,344, 5n3. 26 9, 05G, 438.94 7,430,700.00 1, 098, l 68. 76 6, 332, 531. 24 Kansas __ ____ ________________ 2, 285, 700. 00 655,044.60 1, 630, 655. 40 1, 41 I, 000. 00 539. 242. 84 871, 757. 15 Kentucky ___ _______ _____ __ __ 8.9~6. 572.41 2,182,668.86 1, 231, 788. 82 6,473, 90::3. 55 395,877. .53 835, 911. 29 Louisiana __ ___________ ____ __ 336,300.00 231,300.00 51, 4nl, 2] 1. 88 105,000.00 11, 146, Hi7. 41 36,667,244.18 Maine _____________ ____ _____ 11, 823, 200. 00 799,435.32 l 1. 023, 764. (18 31,858,776.50 3, 37'!, 615. 84 28, 484, 160. 6fi Maryland ________ ____ _____ __ 3,499,036.28 613,475.59 2,855,560.69 10, 269,024. 00 1, 686, 286. 22 8,582,737.78 Massachusetts ____ ________ __ 10, 250, 700. 00 2,487,637.02 7,763,062.98 25,468,118.32 22,871,G74.80 2,596,473.52 Michigan ___ ____ ____ ______ __ 260,496,043.68 45, 766, GOO. 29 214, 610, 413. 39 68. 6lf>, 52,1. 7fi 22,55fi, 500. 48 15, 227, 042. 12 Minnesota . ___ ___ __ _________ 2, 1)38, 74 7. 13 571,692.52 2, 370, 46,·. 20 2,067,054.61 3, 130, 100. 00 759,632. 80 Mississippi__ _________ __ ___ __ 2,H02,400.00 599,675. 00 2,302,725. 00 3,662.232. gg 4, 618, 5.'i9. 94 056,326.95 Missouri ____________________ 7, 971, ,500. 00 2, 316, 7fi8. 68 5, 651, 741. 32 9,643,227.37 2,068,046. 86 7,574, 280.51 Montana __ ____ ____ _____ ___ __ 465,200.00 127,700.00 337,500.00 674,000.00 102, fJ20. 77 571 , 079.23 Nebraska _________ ________ __ 1,518,126.58 376,603.00 ], 141,523.58 2. 532,978.69 815.844. 20 1, 717, 134. 49 Nevada __ ____ _______________ 1,005,000.00 259,200.00 745, 800.00 2,199,564. 57 473,398.99 1,726,165.58 New Hampshire ____________ 500,000.00 39,597.69 460,402.31 ·-------- - --------------- 9,234,000.00 ----------- -----New Jersey ________ _________ ----23,729,489.91 6,744,348. 1.5 16,985, 141. 76 5, 161. 574. 59 4,069,425.41 New Mexico ______ __________ 465,000.00 104, 157. 12 360 842.88 413,473.54 34,996. 50 378,477.04 New York. _________________ 44,268,593.35 6,577,588.06 37,088, .505. 29 17,964,943.48 7,627,696.15 10,337,247.33 North Carolina. ____________ 7,134,900.00 1,819, 192. 11 5,315,707.89 8, 081, 751. 48 4,6Hl,064.84 3,461,786.64 North Dakota. _____________ _ 2,589,264.68 919,748.12 1,669,516.56 52,079.30 12,247.68 39,831.62 1 Includes District of Columbia banks and trust companies. Amoullt authorized -- - Amount witLclr&.v.n or canceled - -- ··- $6, 2Kl, 112. 4G 464, .soo. 00 11, 065, 852. 01 17,315, 166. l.5 1,939,4.'iO. 20 3,331,000.00 16, G64. 341. 35 o,823, 372. 27 5,222,995.48 3,628,400.00 67,789,895. 03 27,619,303. 7'J 18,831,702.20 3,696,700.00 10, 188, :361. 23 51, 827, 511. 88 43,681.976.50 13, 768, 0G0. 28 35,718,848.32 329, 111, 568. 44 5,768,847.13 7,520,959.94 17, 614, 727. 37 1,139,200.00 4,051,105.27 3,204,564.57 500,000. 00 32.963,489.91 878,473.54 62,233,536.83 15, 216, 651. 48 2,641,343.98 0 Amount disbursed ~ ~ M - - $3,085,670.09 184, 798. '27 4,045,561:i. 23 3, 118, 126. 99 441, 971. 33 675,231. 48 2,536,948.39 3, 744.812.3() 2, 270, 868. 42 364,206. 73 20, 257, 132. 32 7, 293, 1328. 18 3, H2, 732. 02 1, 194, 287. 44 2,878,546.39 11, 377, 467. 41 4,174,051.16 2, 329, 761. 81 5,034,110.51 68, 323, 100. 77 2,942,159.72 1, 556, 001. 95 4,385,705. 54 230,620. 77 1, 192, 447. 20 732,598.99 39,597.69 11 . 908,922.74 139,153.62 14,205,2B4.21 6.439, 156.95 931,995.80 7 3 7 6 7 2 6 0 0 ~ rn r-3 ~ ~ 7 6 ~ 7 0 1 4 8 6 4 8 4 7 ~ z ~ ~ z > z 0 8 t:rj 1 1 a 7 ~ ~ 8 1 7 ~ 9 3 23 2 2 3 8 ~ ~ 0 z C)l co 7.-Loans lo aid in the reorganization or liquidation of closed banks and trust companies from Feb. 2, 1932, to Sept. 30, 1940, inclusive, by States (includes loans to receivers, liquidating agents and conservators, and l~ans through mortgage loan companies ana through a livestock credit corporation to aid in the reorganization or liquidation of closed banks, under sec. 5 of the Reconstruction Finance Corporation Act, as amended; and loans on the assets of closed banks and trust companies under sec. Se of the Reconstruction Finance Corporation Act, as amended)-Con tin ued TABLE BANKS AND TRUST COMPANIES-Continued ~ 0 ~ t,;1 ~ 0 State ---·--- Amount authorized Amount withdrawn or canceled •---------- Amount disbursed Amount authorized Amount withdrawn or canceled Amount disbursed Amount authorized 1- - - -- - - - - 1 - -- -- - ---1 - - -- - -- ---1 - - - - $3,496,129.27 $10,891,534.80 $254,630,592.50 Ohio _-- - _______ __ __ _--- ___ --- 1 $14,387,664.07 1.268, 754. 76 992,548. 39 2,261,303.15 Oklahoma ____ ___ ___ ______ ___ 769,918.00 2. 782,132.16 455,667.84 Oregon _________ _________ __ __ 3,237,800.00 733, 920.25 59, ,51, 14('. 37 22,663.444. 60 49. 778, 479. 65 Pennsylvania __ ___ ___ ____ ___ 82 884,084.97 Rhode Island __. __ ______ __________ ____ _____ _ ____________ . ___ ______ ____ ____ __ 1,411, 8.55. 76 5, 851, 314. 37 l, 542, 865. 77 2,518,263. 16 7,394, 180. 14 South Carolina__ __ __________ 1.018.563.68 276,620. 62 1, 249, 548. 26 1,295,184.30 South Dakota__ _____________ 15,703,663.96 1,057,479. 72 1,492,875. 64 Tennessee_____ __________ ____ 16,761,143.68 4,954,487.59 1 011,946.55 5,966,434.14 Texas __ ____ ___ _____ ______ ___ 6,933,607.27 35,000.00 4,500. 00 39,500.00 Utah _______ ____ ___________ __ 4,648,775.52 1,064,999.29 284,800.71 1,349,800.00 Vermont_____ _____ _____ __ ___ ---------- - - l, 787,365.04 412,334.96 2. 199,700.00 Virginia___ _______________ ___ 5, 320,500.00 10,068,754.68 1,636,615.14 11,389,516.19 Washington __ ____ ___________ 11,705,369.82 7,241,990.79 1,287,893. 37 8,529,884.16 ,v-estVfrginia ____ ___ _______ 4, iI 7, 2.56. 00 5,454,954.82 1,646,766. 26 7,101,721.08 6,632,006.05 Wisconsin ___ __ __ ____________ Wyoming __________________________ _____ ____ _______________________________ _ 185.500. 00 Puerto Rico. _______ • ____ ---- ___ ___ ____ _________ __________ __ __ ___ _____ ______ _ 1,485,000.00 $07,681,954. 78 $177, 800, 271. 71 331, 597. fi(i 438,320. 34 498,897.70 235,022.55 2,5, 439, 845. 93 24,338,1333. 72 1, 1513.070.50 255. 785. 211 2, 137, 609. 8,5 380;653.31 424, 951.53 824,59G. 73 9.53. 141. 94 539,733.70 6,130,470.08 803,137.19 2,229,173. 37 2,419,602.15 - ---- - ----- - 911, 883. 2,5 l , 700,091. 36 2,048,867.28 4,618,539.98 185,500.00 ~ Total State, etc. National ----- ------ - 4,408,016. 75 9,689,424.83 2,668,388.72 2,013,466. 07 Tota] _____ __ __________ , 669,502.461.82 I 134,511,295.79 I 533,793,766.03 I 678,211,939.08 I 201,197,305. 46 I 461,863,461.85 Amount withdrawn or canceled r-3 0 Amount disbursed - - - -- -1 - - - - - - - - - 1- -- - - -- - · - $269,018,256.57 3. 031, 221. 15 3,971, 720. 2,5 132,662,564.62 1, 4ll, 855. 76 9.912,443.30 - 2, 544, 732. 56 18, 254,019. 32 12, 900, 041. 41 4, 688, 27,5. 52 1. 349, 800. 00 7,520,200.00 23,094, 886. 01 13,247,140.16 13,733,727.13 185,500.00 1,485,000.00 1,347,714,400. 90 $71,178,084.05 1,430. 868. 73 690, 690. 39 47, 002,078.32 255, 7P.5.26 l, 923. ,519. 08 1,101,217.35 1,597,213.42 1,815,083.74 2,424,102.15 284,800. 71 1, 324. 218. 21 3,336,706.50 3,336,760. 65 6,265,306. 24 185,500.00 $188,691,806. 51 1, 600, 3,52. 42 3, 281. 029. P.6 85, 190, 986. 30 1,156,070.50 7,988,924.22 1,443,515.21 16,656,805.90 11,084,957.67 2,264. 173. 37 1,064,999.29 6, 195, 981. 79 19,758, 179.51 9,910,379.51 7,468,420.89 ~ ~ t'.::j () 0 ~ w 1-3 ~ d 0 ~ ~ 0 z ~ ~ z > z 0 I 335,708,601.25 I 995,657,227.88 t?j 8 ~ '"tl. 0 ~ > H ~ 0 ~ REPORT OF REC0NSTRUC'TI0X FIXANCE COHP0RATI0N 61 8.-Loans on and purchases of preferred stock, and purchases of capi·tal notes or debentures, of banks and trust compani·es, disbursed from Mar. 9, 1933, to Sept. 30, 1940, 1·nclusive; and outstanding as of Sept. 30, 1940 ( under sec. 304, title I I I, of the act approved Ji1ar. 9, 1933, as amended) 'TABLE BANKS AND TRUST COMPANIES TOTAL Disbursed State Number of I banks and trust companies 1 Amount Outstanding Numb<'r of banks and trust companies 1 Amount 2 ---Alabama ___________ ________________________ Arizona . . . _. ____ .... _. _. _. ___ . ______ . ______ Arkansas _____________________ ______________ -California _________________________________ _ Colorado ____________________________ __ _____ 'C onnecticut._._._._._. _____ ____ . __. ________ Dela ware ___ . _. __. __ . _. ____ _______ . _____ . __ District of Columbia .. ____ . _______________ . Florida ____________________________________ -Oeorgia ___________________________________ _ Idaho ______________________________________ Illinois ____________________________________ _ Indiana. _. _. ___ . ___ . _. ____________ .. ______ _ Jowa ______________________________________ _ Kansas _____ ___ ______________________ _______ Ii~~~~::~~~~ ~:~= ====:::::::::::::::::::::: Maine _____________________________________ Maryland. __ ..... _._ .. _____ . ________ . _____ . J.\,Iassacbusetts ... -------~--------- - --------_ Michigan _________________________________ J.\,Iinnesota _________________________________ Mississippi.. __ . .. _.. _.. _. ___ ._._ .. ______ . _. 1vlissourL _. _. _... ___ . ___________ . _________ _ Montana. __________________________ ______ __ Nebraska _________________________________ _ Nevada _____________ ___ ___________________ _ New Hampshire _. ____ . _____ . __________ . __. New Jersey .. __. _. ___ .. ______ . ___ ... _. ____ . New Mexico _______________________________ New York ___ ______________________________ N ortb Carolina. ____ . ___ .. ________ . _______ _ North Dakota ________ __ ___ ____ _____ ______ _ Ohio ___ __ ____________ ___ ____ ___ ___________ _ 0 klaboma. __ .. _. ___ . _. ___ ... __ ___ . ___ .. __ _ Oregon _____________________ ______ ___ ______ _ Pennsylvania _____________________________ _ Rhode Island_ .. _____ . _. ___ . ______ .. ______ _ South Carolina .. ___ .. __ . _... _________ . __ . _ South Dakota ... _._. _____ ... ______ . ___ ._ ... Tennessee ___ ._ .... __ ... __ ... ___ ___ . ____ .. _. 'Texas ________________________ ______________ U tab. __ . ____ .. _. _.. _.. _. ___ . _. .. __ ... ___ . _. Vermont _______ __ ____________ __ _________ __ _ Virginia ___________________________ __ _______ ""\Vashington _________________ _______________ West Virginia ... ___ ... ___ ... __ __... __ . ... __ ~ r isconsin. ___ .. _. __ . . .. _..... . ____ .. _. ____ _ Wyoming _____ _____________________________ Alaska. __ . _...... ___ . . _. __ . _. _. __ .... ___ __ _ Puerto Rico __ . _.. ___ .. _. ___ .... _____ . _____ . Virgin Islands . _. ___ ._. _____ .. _. ___ .. _______ Total ___ .. ____ _. __ . _... __ __ . _. ____ _. _ .Subscriptions for preferred stock of: Export-Import Bank of Washington . _. Second Export-Import Bank of Washington, D. c _______________ ________ __ Grand totaL ____ .. ___ ___ ... _. ___ .. . See footnotes at end of table. $16,203,575.00 35 $7,426,822.96 2,430, 000.00 1 1,190,400.00 4, 419,000.00 77 2,233,080.31 96,029,225.00 64 63,937,645.91 4,893,500.00 35 1,652,800.00 7,192,126. 00 35 5,110,951.00 567.300.00 9 208,700.00 2,900:000.00 6 1,587,800.00 2,201,200.00 29 778,571.06 4,835,500.00 58 2,346,295.57 2,130,000.00 15 1,095,200.00 91, 731, 111. 17 136 7, 911, 926. 93 16,966,250.00 202 8,997,460. 00 10,263,000.00 93 4,198,235.00 5,272,750.00 140 2,710,324. 23 9,079,850.00 84 5,430,766.37 15,547,000.00 73 5, fi34, 767. 50 9,125,500.00 26 4,916,610.14 9, 348,170.00 56 6,318,952.41 16, 674,200.00 38 6, 901, 761. 40 40,725,261 .00 133 24,210,752.06 17,378,525.00 155 6,008,775.00 14,663,150.00 124 6,158,582.50 21,034,925.00 161 5,725,259.34 4,030,500.00 28 773,930.00 8,608,050.00 89 1,672,845.69 1 205,000.00 12,500.00 786,635.00 260,135.00 6 94,461,516.07 175 77,729,339.20 715,000.00 14 457, 000.00 335,522,659.16 305 67, 845, 641. 77 7,488,500.00 76 3,632,950.00 4,044,500.00 104 1,984,883.43 93,432,237. 00 247 43, 482,752.29 10,944, 000.00 22 1,298,858.78 1, 950,000.00 26 545,575. 00 46, 010, 006. 50 235 33,231,986.80 4 898,500.00 625,220.00 2,786,800.00 26 1,379,900.00 4,438,100.00 83 2,092,733.54 12,559, 050. 00 9, 148,857_ 73 98 31,404, 125_00 249 13,104,640.28 4,045,000.00 30 1, 135, 611. 43 17,295,000. 00 41 15,632, 175.00 10,694,6.50.00 98 5,391,078.75 6,514,500.00 51 2,423,525.00 6, 461,066.66 2,280,496. 74 60 33, 58,5, 600. 00 313 20, 747,239.17 624,200_00 1,367,500.00 14 37,500.00 ------------ ----- --- - -- -- - - - - 1, 250,000. 00 2 350,000.00 125,000.00 1 59,000.00 71 5 113 122 56 39 11 7 41 86 24 226 282 140 198 112 111 31 65 67 184 258 148 221 57 149 4 10 210 19 479 133 130 389 47 53 286 4 36 119 121 404 41 60 132 96 91 402 23 1 3 1 6, 118 1, 163,272, 206. 56 4,183 490,515,515.29 1 74,000,000.00 1 74,000,000.00 1 2, .500, 000. 00 6,120 I 1,239,772,206.56 I 1----- --- - --- ----- - -- ----- ---- - I 4,184 564,515,515.29 I \ 62 REPORT OF RECONSTRUCTION FINAN CE 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, 1940, inclusive; and outstanding as of Sept. 30, 1940 (under sec. 304, title I I I, of the act approved Mar. 9, 1933, as amended)-Continued TABLE BANKS AND TRUST COMPANIES-Continued NATIONAL 3 Disbursed State -~labama ______________ ____ _________________ Arizona _____ ____ __ __ _______________________ I Arkansas. ____ _. _........... -....... - . - -- . - California_________ . . _........... -. - - -- - - -_____ -...... ---Colorado __ ____________ _______ Connecticut.. __ __ .... -. - - - - - - -- - -.. -. - - -.. Delaware _____ _____ ______ ___ _______________ _ District of Columbia _______________________ Florida ___ --- -- --------------- --------- ---Georgia ______ ____ __________________________ Idaho ______ ______ ____ ______________ ____ ____ lllinois ___________ .. _.. _-... - - --... -. - - - -. - Indiana ________________________________ ____ Iowa _________ ___ ____ ____________________ ___ Kansas ___ ______________ __ __________________ Kentucky _ __ . ____ .. _........ - -... -- ... . -. - Louisiana ___ ._. __ _______________________ __ ..... - -. - - _- - -....______ ----Maine _________ Mary Ian d ____ .. .. ... _. - _-... - -. - - -. -- - - - - - Massachusetts _____________________________ Michigan __________ _. _.. _....... __ . _...... - Minnesota ____ ____________________________ _ Mississippi__ __ - - -- --- - - -- -- ---- -- ---- -- - - - Missouri_._ .. . ___ ... -. - - - - - - - -- - - - - - - - - - - Montana ____ .. ___ ._ ... - - - - -- -- -- - -- - - - - - -- Nebraska ____ _____ ________________________ _ Nevada ___ . __. _____ ... -. -.. - -. - - - - - - - - - - - - New Hampshire _______ . _________ ..... . . _. _ New Jersey ___ . __ . _. - -- - - - - - - - - - - - --- - - - - - . New Mexico ______________________ ____ ____ _ New York _______ ... _. _... _. __ __ . ....... _. _ North Carolina ______ .. __________ __ ....... _ North Dakota ____ _____ __________ ____ ____ ___ Ohio ___ _________________________________ ___ Oklahoma ____ ________ ________________ ____ __ Oregon _ ----- --- ---- --------------------- - Pennsylva!lia . _____ _____________ . _. ____ .. _. Rhode Island ______ ...... _. _.. _........... _ South Carolina __________ ______ __ ____ . ____ ._ South Dakota __ ______ __________________ . __ . Tennessee _____ __ ___________________________ Texas _______ _____ _________________________ _ Utah __ .. ____ . __ __ ___ ... __ ........ _....... _.. Vermont ___________________________________ Virginia ____________________________________ Washington __ ____________ __________________ West Virginia. ___ ___ ______________________ _ Wisconsin _________________________________ _ Wyoming .. ________________________________ Alaska _ _. _.... _. _.. _. _.......... - .. -. - .. - - Virgin Islands __________________________ . ___ Total, nationaJ. ________________ • _____ See footnotes at end of table. Number of banks and trust companies 1 Amount 1 1 $11,346,800.00 1,540,000. 00 1,570,000. 00 67,376,725.00 4,143,500.00 3,723,426.00 137,300.00 1,100,000.00 1,330,000.00 1,722,500.00 1,090,000.00 84, 160,114.17 7,188,500.00 6,512,500.00 2, 282,500.00 3, 397,350. 00 4,400,000.00 2, 610, 000. 00 2,998, 17fl. OO 10, 723,WO.OO 20,670,760. 00 13,577,525.00 2,652,650.00 8,737, 125.00 ], 511,000.00 5,849,950. 00 175,000.00 686,635. 00 32,022,435.82 410. 000. 00 129, 486, 605.83 1,905,000.00 2,410. 500.00 35,500,737.00 10, 87,t 000. 00 890,000. 00 20,693. 736.50 648,500.00 1. 505, 000. 00 2, 954, 100.00 8,062,500. 00 23, 6,51. 62,5. 00 1, 32.5, 000. 00 560.000.00 3,917,400.00 3,090,000.00 3, 44,5, 066. 66 15,545,100.00 702,500. 00 37,500.00 125,000.00 2,050 572,975,536. 98 27 3 24 63 33 16 4 2 13 18 9 133 51 49 46 29 15 13 11 43 53 97 15 31 20 50 3 9 138 6 240 18 31 83 40 20 200 3 6 27 27 148 8 9 36 23 36 57 IO Outstanding Number of banks and trust companies 1 10 1 13 34 18 15 4 1 7 11 6 91 29 29 29 12 13 8 10 19 39 51 13 21 JO 28 1 5 113 4 164 9 18 54 16 5 157 3 3 19 19 97 6 7 21 12 20 38 5 Amount 2 $4,450,700.00 1,190,400.00 834,243.97 56,797,120.91 1,071,300.00 2, 768. 251. 00 122,300.00 692,800.00 323,000.00 782,750.00 756,600.00 4,594,645.00 2,662,770.00 2,344,100.00 1,100, 500.00 1,536,053.87 3,097,000.00 513,775. 00 1,969,680.00 3,781,011.40 13,496,511.00 4,306,014.10 1,475,240.00 2,087,225.00 240,980.00 9~3. 500. 00 12,500.00 160,135.00 24,580,269.24 273,100.00 18,177, 147.28 274,900.00 652,900.00 16,938,377.29 1,263,058.78 123,400.00 1J JOl,489.67 385,220.00 929,000. 00 1,303,748.11 5,516,824.47 9,791,823.48 422, 311.43 336, 100.00 1,061,075.00 1,789,950.00 523,768.72 9,552,650.00 203,400.00 -- ----- --------------------1 119,000.00 1,319 220,220,619.72 REPORT OF REC0~STRUCTI0N FINANCE CORPORATION 63 8.-Loans on and purchases of preferred stock, and purchases of capital notes or debentures, of banks and trust compan1·es, disbursed from Afar. 9, 1933, to Sept. 30, 1940, inclusive; and outstanding as of Sept. 30, 1940 (under sec. 304, title Ill, of the act approved Mar. 9, 1933, as a.mended)-Continued TABLE BANKS AND TRUST COMPANIES-Continued STATE, ETC.3 Disbursed State j Number of banks and trust companies 1 Alabama ___________________________________ Amount Outstanding Number of banks and trust companies t Amount 2 55 345 13 3 $4, 8,56, 775. 00 890,000.00 2,849,000.00 28,652.500.00 750,000.00 3,468,700.00 430,000.00 1,800,000.00 871,200.00 3,113,000.00 1,040,000.00 7,571,000.00 9,777,750.00 3,750,500.00 2,990,250.00 5,682,500.00 11,147,000.00 6,515,500.00 6,350,000.00 5,951,000.00 20, 054, 501. 00 3,801,000.00 12, 010,500.00 12,297,800.00 2,519,500.00 2,758,100.00 30,000.00 100,000.00 62,439,080.25 305,000.00 206,036,053.33 5,583,500.00 1,634,000.00 57,931,500. 00 70,000.00 1,060,000.00 25,316,360.00 250,000.00 1,281,800.00 1,484,000.00 4, 496, 550.00 7,752, 500. 00 2,720, 000.00 16,735, 000.00 6,777,250.00 3,424,500. 00 3,016,000.00 18, 040,500.00 665,000.00 1,250,000.00 Total ________________________________ Subscriptions for preferred stock of: Export-Import Bank of Washington ___ . Second Export-Import Bank of Washington, D. C _________________________ 4, 068 590,296,669. 58 2,864 270,294,895.57 1 74,000,000.00 1 74,000,000.00 Grand total, State, etc ______________ __ 4,070 Arizona ____________________________________ •.\.rkansas ___________________________________ California __________________________________ Colorado ___________________________________ Connecticut ______________________________ - _ Delaware ______________ ______ ___ ___________ District of Columbia _______________________ Florida _________ -. _-- - ___________ . _- - _____ . Georgia ___________________________________ _ Idaho __ ____________________________________ Illinois. __________________________________ ._ Indiana ______________________________ ______ Iowa _______________________________________ Kansas _____________________________________ Ken~~cky ___________ - _________ _____________ Louisiana ___________ - ______________ - _______ Maine __________________________ ___________ Maryland _______________________________ ___ ~Iassachusetts _____________________________ Michigan __________________________________ Minnesota _____ __ __________________________ M"~SSISSI . . . --- - - - - - - -- - -- - - - - - -- - - - - - - -- -- M1ssour1~pL __________________________ _________ ~1ontana ___________________________________ Nebraska __________________________________ Nevada ____________________________________ New Hampshire ____________________ ____ -__ New Jersey _______ - ______________________ - New Mexico _______________________________ New York_-------------------------------North Carolina _______ -------------------North Dakota ______________________________ Ohio ______________________________ _________ 0 klahoma _________________ ___ ____ __________ Oregon _____________________________________ Pennsylvania ______________________________ Rhode Island _________________ _____________ South Carolina _____________________________ South Dakota ______________________________ Tennessee ___________________________ _______ Texas ______________________________________ Utah _______________________________ ____ ____ Vermont ____________________________ _______ Virginia ______________________ _____________ _ Washington ________________________________ ,vest Virginia ______________________________ Wisconsin __________________________________ Wyoming __________________________________ Puerto Rico ______ __ ________________________ 44 2 89 59 23 23 7 5 28 68 15 93 231 91 152 83 96 18 52 24 131 161 133 190 37 99 1 1 72 13 239 115 99 306 7 33 86 1 30 92 94 256 33 51 96 73 1 25 $2,976,122.96 ------------------------- ---64 1,398,836.34 30 17 20 5 5 22 47 9 45 173 64 111 72 60 18 46 19 94 104 111 140 18 61 7,140,525.00 581,500.00 2,342,700.00 86,400.00 895,000.00 455,571.06 1,563,545.57 338,600.00 3,317,281.93 6,334,690.00 1,854,135.00 1,609,824.23 3,894,712.50 2,437, 767.50 4,402,835.14 4,349,272.41 3,120,750.00 10, 714, 241. 06 1,702,760.90 4,683,342. 50 3,638,034.34 532,950.00 739,345.69 -----------1 ---- -------------100,000.00 62 141 67 86 193 6 21 78 1 23 64 79 152 24 34 77 39 40 275 9 2 53,149,069.96 183,900.00 49,668,494.49 3,358,050.00 1,331,983.43 26,544,375.00 35,800.00 422,175.00 21,330,497.13 240,000.00 450,900.00 788,985.43 3,632,033.26 3,312,816.80 713,300.00 15,296,075.00 4,330,003.75 633,575.00 1,756,728. 02 11,194,589.17 420,800.00 290,000.00 10 2, 500,000.00 ------------ --------- - -------- I 666,796,669.58 I 2,865 344,294,895.57 1 After eliminating duplications. Such duplications arise in cases where the Corporation makes disbursements to a bank or trust company under more than one of the classifications under sec. 304, title III, of the act approved Mar. 9, 1933, as amended. 2 Amount outstanding includes repayments unallocated, pending advices, as of Sept. 30, 1940. a Where changes in the status of bank" bh. ..-e occurred between the date of authorization and Sept. 30, 1940 (for example, where a bank has changed from State to national), such banks are distributed in the above table according to their status on Sept. 30, 1940. 64 REPORT OF REC0~STRU'C'TION FINANCE CORPORATION TABLE 9.-Loans authorized to business enterprises, from Feb. 2, 1932, to Sept. 30, 1940, inclusive, by size of loans [Includes loans and participations under sec. 5d of the Reconstruction Finance Corporation Act, as amended: loans to borrow~rs engaged in the fishing industry under sec. 5 of the Reconstruction Finance Corpora· tion Act, as amended; and loans to business enterprises through mortgage loan companies and banks under sec. 5 of the Reconstruction Finance Corporation Act, as amended. Does not include loans to business enterprises in connection with national defense] Size of loans $5,000 an ct 11 n d er ___________________ ____ . _________ $5,001 to $10,000, inclusive ________________________ $10,001 to $25,000, inclusive _______________________ $25,001 to $50,000, inclusive _____ ____ ______________ $50,001 to $100,000, inclusive ______________________ $100,001 to $200,000, inclusive __ ____ ____ ____ ______ _ $200,001 to $500.000, inclusive _____ __ ______________ $500,001 to $1,000,000, inclusive ___ ___ __ ________ __. Over $1,000,000. _______________________________ . __ Total, authorizations 1 ________ • ___________ • Number of Percent of loans total 3,544 1,494 1,799 1,058 771 403 268 60 36 2 9, 433 Amount authorized 37. 6 15.8 19. 1 11. 2 8.2 4.3 2.8 .6 .4 100.0 I ~ Percent of total $8,176,417.69 12,029,120.98 32,322.190. 67 41,476,942.35 59,794,188.63 60, 531, 073. 66 86,045,922.70 44,260,896. 24 97, 667, 398. 45 1.8 2. 7 7.3 9. 4 13.5 13. 7 19'. 5 10.0 22. 1 442, 304, 151. 37 100.0 t In addition, 66 agreements to make loans upon the performance of specified conditions, aggregating $118.921,969.17, were outstanding at the close of Sept. 30, 1940. 2 Revised to exclude conditional agreements outstanding, which were included in previous quarterly reports. 10.-Number of business enterprises to which authorizations were made; and amounts author1'zed and disbursed by the Reconstruct1~on Finance Corporation, from Feb. 2, 1932, to Sept. 30, 1940, inclusive, by industries TABLE [Includes loans and participations under sec. 5d of the Reconstruction Finance Corporation Act, as amended; loans to borrowers engaged in the fishing industry under sec. 5 of the Reconstruction Finance Corporation Act, as amended; and loans to business enterprises through banks and mortgage loan companies under sec. 5 of the Reconstruction Finance Corporation Act, as amended. Does not include loans to business enterprises in connection with national defensf'] Industry 1 Manufacturing: Food and kindred products: Meat products ___ ___________ ______ __ ______ ___ ____ _ Dairy products ____ ____ _________ ____ ____ _________ _ Canning and preserving: Sea foods _____ ___ ___ ____ ____ __ ____ _______ ___ __ Fruit and wgetables __ __ ______ _____ _____ _____ Flour milling, cereals, etc ___________ ____ _________ _ Animal feeds __________ ____ ______ _____ _____ ____ ____ Bakery products ___ ___ ______ ____ ____ __ ___ ____ _____ Confectionery __ _____ __ _____ __ __ _____ _______ __ .. ___ _ Beverages _ ___________ ____ ____ ____ _____ ____ _____ _ Manufactured ice _________ ________ __ ______ ______ __ All other, food products ________ ______ ____ _____ ___ _ Total, food products ___ __ ___ __ __________________ Tobacco manufactures, total. ___________ ___ ______ __ __ _ Textiles and their products: Cotton broad goods . ____ ___________ _______ __ ______ Cotton narrow fabrics, yarn, thread, etc . _____ ____ Silk and rayon manufactures ____ ____ ______ ________ Woolen and worsted manufactures ___ __ __ ________ _ Knit goods _______ _____ _______ _____ ____ ____ ________ Dyeing and finishin g textiles _____________ _________ Carpets, rugs, etc - - -- - - - --- ------- -- - - -- -- -- - - --Men's and boy's clothing and furnishings (includin g hats) _____ _ _____ ____------------ - --- - ----- -Women's and children's clothing and furnishings (including hats) ________ __ ____ ___ ___ ____ _____ ____ House furnishings __ ___ _____ ______ ____ ____ ____ ___ ___ All other, textiles. ____________ _____ ____ ___________ Total, textiles and their products. ______________ See footnotes at end of table. Number of business enterprises 2 Amount authorized Amount disbursed 120 124 $5,705,572.66 3,835,415.37 $2, 213,033.65 1,917,446.34 38 120 55 73 49 63 52 49 6.477, 750.00 7,893,940.42 3,214,764.46 1,841,535.72 1,724,666.58 2,662,684.35 1,843,333.82 1, 778, 871. 33 1,899,433.96 l, 492, 701. 09 4,985,658.4i l, 755, 041. 70 989,324.50 645,891.46 1,321,154.35 831,642. 15 454,118. 70 974,876.61 862 38,877,968.67 17,580,889.02 8 188,000.00 147,000.00 36 53 44 53 129 42 8 9,667,063.46 7,435,506.24 9,145,750. 00 16, 113, 543. 21 8,295,262.38 g, 167,900.00 2,487,812.50 6,537,536.26 4,359,820.27 6,799,207.50 11, 879, 551. 34 4,738,048.89 6, 105, 061. 81 1,770,000.00 86 3,522,010.00 1, 279, 871. 76 71 17 69 850,360.00 734,641.11 3, 507,525.00 528,450.00 284,081.80 2,789,908.23 608 70,927,373.90 119 - ---- 47, 071, 537. 86 ------- 65 REPORT OF REC0~STRPC'TI0N FINANCE CORPORA'rI0N I0.-.1..\Tumber of business enterprises to which authorizations were made; and" amounts authorized and disbursed by the Reconstruction Finance Corporation, from Feb. 2, 1932, to Sept. 30, 1940, inclusive, by industries-Continued rABLE Industry Number of business enterprises 2 1 Amount authorized Amount dishuri,ed - danufacturing-Continued. Lumber and timber products: Sawmil!s (including sawmills combined with logging camps or with planing mills) __ __ ___________ Veneer mills _________ __ ____ ____ __ _____ _________ ___ Cooperage stock mills _________ ____ ______ ___ _______ Planing mills ______________ ____ ____ ______ __ _______ Furniture _____________________ _______ . ___ __ ______ Mattresses and springs _________ ___ ____ ______ ______ Office furniture __ . ________________ ________________ Cabinet work, fixtures . ________ _____ ________ ______ Wooden containers ------------------ - - - ---------·wooden turned products _____ ______ ____ ___ _______ All other, lumber_ ______ __ ______ ________ __________ Total, lumber and timber products ___ __________ $26. 127, 602. 8.3 2,513,067.95 233,050.00 4,990,133.33 8,151,952.75 327,700.00 1,481,300.00 735,950.00 3,353,429.47 1,201,496.67 880,346.67 49, 996,029.67 $15. 702,009.30 1,074,67 1.40' 144,450.00 2,627,894.36 4,469,2311.99 212. 700.00 1,025,566. 27 449,071.80 1,815,679. 47 557,613.94 446,058.63 28,524,952.16 49 41 27 117 31,343,250.00 596,344.98 841,350. 00 32,780,944.98 14,374,338.62 230,494.98 267,000.00 14, 871, 833. 60 193 22 19 31 265 3, 858, 191. 34 1,089,933.06 268,425.00 824, 02,5. 00 6,040,574.40 2, 270, 181. 70 166,274.66 173,700.00 355,428.95 2, 96.\ 585. 31 Chemicals and allied products: Paints, varnishes, and colors .. ________ ________ __ __ Animal and vegetable.oils ____ ______ ______________ Drugs, toilet preparations, and related products ___ Soap and glycerin _________ ___________________ _____ Fertilizers ___________________ ___ __ __ __ _________ ___ Ind us trial chemicals _________________ ___ __________ Miscellaneous chemical products ___ ______ _________ Total, chemicals and allied products ----------- 37 28 22 10 25 30 33 18,5 1,561,750.00 1,253,673. 29 601,600.00 153, 214. 57 1,606,360.00 1,180,270.00 953,160.00 7,310,027.86 1, 001, 571. 01 742,775.69 513,469.66 127,907.71 1,427,160. 00 752,570.64 346,500.00 4, 911, 954. 71 Products of petroleum, coal and natural gas, total . ___ _ 20 1,293,750.00 810,000.00 30 2,187,950.00 1,044,412.50 18 35 29 82 1, 337, 500. 00 3,416.880. 00 1, 327, 623. 71 6,082,003.71 421,000.00 1, 2'27, 0-13. 73 747,199. 20 2,395. 242.93 - - - - - -- ---- 23 49 37 2.5 42 29 21 226 2,059,950.00 2, 172, 496. 77 4, 245, 171. 74 2,014,875.00 1, 683, 261. 67 696,125.00 856,500. 00 13,728,380.18 1,514,194.04 1,197,325. 00 2, 391, 354. 40 1,448,284.91 509,438.57 517,325.00 195,398.80 7, 77J,320. 72 8 51 4,061,783.34 5,276,850.00 1,960,550.00 2,280,423.56 1,049,500.00 6,598,766.40 1,810,900.00 1.449,2.50.00 2,264,800.00 206,250.00 603,SOO.OO 5,080,050.00 1,436,783.34 3,556,462.29 1,034,550.00 1,578, 065. 09 413,458.00 2,691,714.21 773, 311. 2f> 67.5,252.59 1,309,515.00 48,050.00 438,000.00 3,208,944.56 358 32,642,623.30 Paper and allied products: Pulp, paper mills _________________ ____ ___________ _ Containers (bags and boxes) ______________________ All other, paper _________ _____________________ _____ Total, paper and allied products ______________ __ 248 36 16 113 151 23 22 14 59 27 44 753 --- ----- ----- Printing and allied industry: Book and job printing ____________________________ Lithographing ______________ ________ ________ ____ __ Bookbinding and related industries ____________ ___ Typesetting, engraving, etc ____ ___ __ ______ __ ______ Total, printing and allied industry ___ ________ ___ Rubber products, total _______ ______ ____ __ ____________ Leather and leather products: Tanning and finishing ___ ___ __ ____ __ _____________ Footwear _________________________ ___ ___ _________ _ Miscellaneous leather goods _____ __________________ Total, leather and leather products _____________ --- ------ Stone, clay and glass products : Glass products ________________ __ ___ ____ _____ _____ _ Brick ___________ _______________ _________ _____ _____ Structural clay products (tile, etc.) ____ __ __________ Pottery and related products ___ ___________ _______ Concrete and plaster products ____________________ Cut stone and stone products _____________________ All other _________ _____ _________ _______ ___________ . Total, stone, clay, and glass products ___________ Iron and steel and their products (except machinery): Blast furnaces, steel works, rolling mills ________ ___ Iron and steel castings __ ____ _____ ___ ______________ Cast iron pipe and fittings _____ ___ ____________ ____ Cutlery, tools, and general hard ware ______________ Plumbers supplies (metal) __ . _____________________ Beating apparatus (except electric) _______________ Stamped and pressed metal products _____ ________ Enameling, galvanizing, etc _____________________ __ Fabricated structural steel . ____________________ ___ Ornamental metal work _ Metal doors, shutters, and-tr-im~== ==: =:=====:=:=== Miscellaneous iron and steel products ________ ____ _ Total, iron and steel and their products (execpt machinery) ___________________________________ See footnotes at end of table. - ,57 17 28 17 57 ;:;g 15 41 11 17 I 17, 164, 106. 33 66 REPORT OF RECOKSTRUCTION FINANCE CORPORATION 10.-Number of business enterprises to which authorizations were made; an, amounts authorized and disbursed by the Reconstruction Finance Corporation, fror Feb. 2, 1932, to Sept. 30, 1940, inclusive, by industries-Continued · TABLE Industry Number of business enterprises 2 1 Manufacturing-Continued. Transportation equipment: Automobiles and parts______ ___ ___________________ Aircraft and parts_ _______________________________ Ship and boat building and repairing_ ____________ Miscellaneous transportation equipment______ ____ 69 11 23 11 Amount authorized Amount disbursed $21, 401, 101. 45 5,232,500.00 1,474,341. 67 2,176,500.00 $17,440,745.4 1, 487, 661. 0 802,100.0 1,722,800.0 30,284,443.12 21,453,306.4 20 19 17 17 1,905,173.49 633,500.00 195,400.00 409,775.00 891,142.0 412,500.0 47,300.0 123,300.0 28 1,102,700.00 435,308.1 4,246,548.49 1,909,550.2 136 1,362,000.00 2,409,880.00 3,410,000.00 903,606.77 2,291,168.24 1,418,533.33 811,400.00 700,966.66 893,000.00 1,655,000.00 8,518,583.68 615,500.0 1,163,480.0 2,438,317.5 395,345.0 1,012,587.1 587,801.0 410,601.0 383,100. C 705,000.0 882,276.3 4,115,992.6 367 24,374,138.68 12, 710, 000. 8 17 24 19 42 368,700.00 940,766.07 339,350.00 1,398,813.30 89, 7.55. 0 462,255.3 202,950.0 489,025.7 102 3,047,629.37 1,243,986.1 23 38 23 148,095.00 177,119.25 386,997.97 700,850.00 79,100.0 117,372.4 264,736.3 269,245.C 20 58 541,341.56 294,932. 00 171, 150. 0 144,992. ~ 171 2,249,335.78 1,046,596.7 1- - ~ - Total, transportation equipment _______________ 114 l====I Nonferrous metals and their products: Smelting, refining, and alloying __________________ _ Clocks, jewelry, and silverware ______ ____ __ _____ __ Engraving, plating, and polishing (metal) ________ _ Lighting fixtures _________________________________ _ Miscellaneous nonferrous metals and their produets _________ __________________ ___ ____ __ ___ ____ _ Total, nonferrous metals and their products ____ _ Machinery: Communication equipment_ _____________________ _ Other electrical machinery and equipment_ ______ _ Engines and turbines ____________________________ _ Agricultural machinery ___________ _______________ _ Construction, mining and related machinery _____ _ Metal working machinery _______________________ _ Food products machinery ________________________ _ Textile machinery __________ _____ _____ __.. __ _____ _ Pumps, compressors, and pumping equipment_ __ _ Industrial refrigeration machinery ____ _____ ______ . A II other _______ _______ __ ___ _ ____________________ _ Total, machinery __ ____________ ___ __ ____ _______ _ Miscellaneous manufacturing: Scientific instruments ___________________________ _ Toys and sporting goods _____ __________ . __ ___ ____ _ Signs and advertising dispfays ___________________ _ All other _______ ________________ ____________ _____ _ Total, miscellaneous manufacturing ___ ________ __ N onmanufacturing: Agriculture, forestry, and fishing: Poul try farms _________ __ ________ ___________ _____ _ Fur farms ______ _____ ___ _______ _____ _____________ _ Nurseries and greenhouses __ _____________________ _ Miscellaneous agricultural farms ______ ______ _____ _ Agriculture and forestry services (including ginning) _____ __ _- - - -- -- ----- - - - - -- -- - - -- -- - - - - -- - - - Fishery and sponge fishing ____________ ____ ______ _ Total, agriculture, forestry, and fishing _________ _ Mining and quarrying: z Coal _______ ______________________________________ _ Stone quarries __ ____ ___ ______ ____________ ___ _____ _ Sand and graveL _______ ____ ___ _______ ___________ _ Miscellaneous mining ______________________ _____ _ Total, mining and quarrying __________________ _ Construction: Building construction-general contractors _______ _ Rea vy construction (roads, sewers, etc.) _________ _ Marine construction (other than shipbuilding) ___ _ Plumbing, heating, etc ______ __ ____ _____ _________ _ Excavation and foundation work ___ ____ __ __ _____ _ Miscellaneous contractors ___ _______ __ ___ __ __ _____ _ Total, construction ____________________________ _ 101 ====I 14 48 9 18 35 52 20 9 12 14 -------==== 9 ----==== 96 56 34 35 16,853,436.12 4,724,500.00 1,348,400.00 2,379,826.04 8,092, 711..j 2,629,938.8 966,119.0 1,356,285.6 221 25,306,162.16 13,045,055.0 33 377,400.00 1, 198, 841. 35 464,550.00 73,370.00 338,000.00 332,277.22 422,850.0 564,117.3 381,300.0 36,320.0 218,000.0 165,840.8 120 3,284,438.57 1, 788, 428. 1 160,950.00 467,035.00 100,750.00 123, 686.82 621,280.00 80,955.0 257,060.0 29,000.0 39,050. 0 435,780.0 - ==== 32 29 6 10 10 I==== Wholesale: Assemblers of farm products ___ _____________ _____ _ Dairy and poultry products _____________________ _ Dry goods and appareL _________________________ _ Electrical goods __ ____ _________________________ ___ _ Farm products (other) ___________________________ _ See footnotes at end of table. 13 33 10 10 35 67 REPORT OF RECONSTRUCTION FINANCE OORPORATION 10.-lVumber of business enterprises to which authorizations were made; and amounts authorized and disbursed by the Reconstruction Finance Corporation, from Feb. 2, 1932, to Sept. 30, 1940, inclusive, by industries-Continued • TABLE Industry 1 Number of business enterprises 2 Nonmanufacturing-Continued. Wholesale-Continued. Fruits and vegetables (fresh) __ ____ ____ ___ ____ __ ___ 51 Groceries and food specialties ______ ___ ___ ___ _____ _ 94 Hardware ____ __ ______ _______ __ __ _____ ______ ______ _ 23 Lumber and construction materials ___ _______ ___. _ 59 Machinery, equipment, and supplies _____ _____ ___ 42 19 Metals and minerals (except petroleum and scrap) _ Motor vehicles and equipment_ ________ __ ____ _____ 32 Petroleum and its products ____ ____ _________ _____ _ ·52 Plumbing and heating equipment and supplies ___ 10 ,vaste materials _____ _____ __________ ___ ___ __ _____ _ 29 ,vholesalers not elsewhere classified __ ___ ______ ___ _ 51 Total, wholesale ____ __ ________ _____ ____ _______ __ - - 573 Retail: ===== Accessory, tire, battery, and parts dealers ____ _____ 21 Apparel stores _______ ____ ___ ______ ______________ __ 72 Bakeries and caterers ____ _______________________ __ 10 Department stores ____ __ ___ . ___ . _______ __ _______ __ 39 Drugstores ______ __ ___ ____________ ___ ________ ___ __ 69 Dry goods and general stores _____ ___ ____ __ _______ _ 127 Electric and gas household appliance stores ______ _ 20 Farm and garden supply stores __ ___ _________ ____ _ 27 Filling stations ___ _____ ___ __ ___ _______ __ _______ __ _ 53 Fuel and ice dealers ___ ____ _____________ ___ ___ ____ _ 64 Furniture and home furnishings ____ ___ __ __ ______ _ 71 Furriers and fur shops ___ __ __ __ ____ ____ _____ __ __ __ 14 Grocery and meat stores __ ____ ____ ___ _______ _____ _ 124 Hardware and farm implement dealers ____ _______ _ 63 Jewelry stores _____ _____ ___ ___ _____ ______________ __ 17 Lumber, building material, and equipment dealers __ _____ _____ ______ __ ________ ___ ___ _______ _ 127 Miscellaneous food stores _______ ____ __ ___ ___ __ ___ _ 7 Motor vehicles __ ___ __ ____ ____ ____ ____ ____________ _ 95 52 Restaurants, etc_ --- -- ----- ----- -- -- - -- - -------- -Miscellaneous retail stores ___ ________ ____ ________ _ 21 Total, retail. ___ ___ ________ _________ ____________ _ ---1, 093 \ 1==== Miscellaneous: Automobile repair services and garages, totaL ___ __ 68 I==== Barber and beauty shops, total. __ _____________ __ _ 20 I==== Bus and truck lines, terminals, etc., totaL ____ __ __ 45 I==== Cold-storage warehousing, including lockers, totaL 24 I==== I Communication facilitie~, total. _________ __ ___ ____ 19 I==== I Financing (growers, canners, etc.) totaL ___ ___ __ __ 3 735 I==== Heat, light and power, totaL ____ ___ ______ ___ ___ __ 22 I==== Hotels, camps, tourist, and recreational, totaL ___ _ 65 ==== Laundries, cleaning and dyeing plants, totaL ____ _ 143 ==== Miscellaneous personal services, total ____ ____ _____ 79 Miscellaneous repair services, total ___ _________ ___ _ ==== 31 Motion pictures (production, theaters, etc.) , total . ==== :d Photographic studios, totaL ___ ____ __ ______ ____ __ _I==== 16 I==== ,v arehousing and storage other than cold storage, total ______ __ ______ ___________ _____ __ ____ _____ __ _ 57 ==== ater and sanitary ser vices, totaL ____ _____ _____ _ 10 I==== ,Yater transportation , totaL ___ ____ ____ _______ ____ 3,1 All other, total ____ __ ________ ____ ___ _______ _____ __1==== 82 Grand totals 5 _ ___ _ _ __ ______ _ __ __ _______ _ _ _ ____ 7,850 I ,v --1---- Amount disbursed Amount authorized $7,841,965.16 1,507,360.00 716,450.00 1, 687, 151. 00 554,075. 00 824,800.00 446,966.60 1,186,825. 00 258,687.50 686, 850.00 1,500,475.00 18,685,307. 08 $1,757,410.52 697,090.29 380,000. 00 830,734.96 120,109. 52 645,250.00 242,907.37 525,500.00 160, 104. 07 228,091.40 519,116.25 6,948,159. 43 71, 448.35 747,498.33 112,300. 00 3,806,355.00 251,684.29 1, 642, 011. 23 182,877.86 228,374. 67 200,036.67 705,342.70 1,288,339.43 55, 602.86 513, 243.33 458,862.50 191,522.76 33,282.00 242,695.00 34,500.00 3,315,330.00 103,180.79 959,868. 64 89,350. 00 123,083.00 96, 997.67 313,151.28 651,331.45 54,102.86 224,100. 15 274, 599.84 45,800.00 2,055, 202.50 117,450.00 806, 535.00 646,145. 20 137,700.00 14, 218,532.68 1,155,675.00 37,749.50 410. 325. 14 189;586.50 80,900.00 8, 435,608. 82 298, 271.14 150,502. 65 40, 490.00 26,265.00 9,002, 796.00 5,345,052.36 501,583.33 - 279, 087.13 5, 135, 210. 00 1,970,598.34 16,654,000. 00 1,417, 374.32 2, 511, 493. 33 948,510.00 921 , 340.00 2. 379, 689. 76 5,225,718. 46 1.51,325. 00 1, 346. 160. 00 178, 570. 00 220,075.04 1,489, 178.95 2, 719, 196. 08 .54,875.00 356,915. 00 133,150.00 1, -160, 950. 00 88,350. 00 4, 17:3, 750. 00 4, 482, 291. 75 4 5 442,304 ,151. 37 691, 178.76 ,59, 900. 00 3. 102, 524. 68 3, 197, 549.21 236,003,459. 56 Revised. Excludes mining loans authorized under sec. 14 of the act appro ved June 19, 1934, as amended . 3 Includes 716 fruit growers located in certain areas in Washinirton. 4 Does not include $2,336,058.55 represent ing agreements by the Corporation to purchase participations in loans and participations sold . 5 Revised to exclude cond itional agreements outstanding, which were included in previous quarterly reports. At the close of Sept. 30, 1940, conditional agreements outstand ing aggregat ed $118,921 ,969.17. 1 2 68 REPORT OF RECONSTRUCTION FIKANCE CORPORATION, 1 l.-Total arnount authorized and disbursed to bus1:ness enterprises by Reconstruction Finance Corporation and participating banks, etc., from Feb. 2, 1932, to Sept. 30, 1940, inclusive, by States • TABLE (Includes loans and participations under sec. 5d of the Reconstruction Finance Corporation Act, as amended; and loans to business enterprises through mortgage loan companies and banks, and loans to borrowers engaged in the fishing industry, under sec. 5 of the Reconstruction Finance Corporation Act, as amended. Does not include loans to business enterprises in connection with national defense} State Amount authorized Alabama _____ ___ _ Arizona ___ ___ ____ Arkansas _______ __ California ____ ____ Colorado ___ ___ ___ Connecticut __ __ _. Delaware . ______ _ Dist. of Col. __ ___ Florida ______ _____ Georgia __ __ __ ____ Idaho __ ___ ___ ___ _ Illinois __ ___ __ ___ Indiana . __ ____ _- . Iowa ____ _______ __ Ka:1!"'.as ____ _ - - - Kentucky ______ __ Louisiana ___ _____ Maine - · - - ---- - - Maryland __ ______ Massachnsetts ___ Michigan ___ __ ___ _ Minnesota _.. ____ _ Mississippi_ ___ ___ Missouri __ ___ __ __ Montana .. ____ ___ _ Nehraska ____ _____ Nevada ________ __ $4, 405, 810. 00 1, fi32, 155. 72 7, 007, 716. 10 33,483.007.28 2,505,575.82 8,553,612. 50 504,900.00 703.4130.00 10, 372,469.01 17,003,796.76 1, 155, \!90. 00 27, 976, 721. 05 fi,U22,950.00 2:,. 19!), 350. 00 2,fi30, 57fi. 45 7,002, O.'iO. 11 1, 279, fi.''13. !JG 11. 089, 310. 00 fi, 279, 61 !J. 62 I 5. 359, Hlfi. 06 31 , !108, 244. 4.5 4, 5~7. 547. 74 l,fiO.'i,997. 98 21, 3!10, CH7. 3!l 1, fJ IfJ, 847. 5fJ 2.308,409. 43 lll'i, f:21. 93 Amount disbursed $3, 377, 037. rn 1,084,080.53 6,174, 661.42 23,413,481. :w 1, 135, 7\J3. 29 6, 757,6g7.66 332,500.00 524,704. 50 6, 150, 549.fiO 12,553,475.68 9G,5, 924. OU 12,753,232.17 4, 260, 163. 32 1, 28fi,529. 00 1, 616,724.40 3,202,900.23 879,528.05 859, 657. 27 4,282,818. 72 10, 38f>, 56:J. 82 22,308, 292. 26 2,661, 41 I. 16 921, 989. 77 14. 217. 873. JO 1, 243, 1J2. 38 1,519. 358. q9 77,407. 70 Amount autborized State New Hampshire __ New Jersey _______ New Mexico _____ New York . ______ North Carolina __ _ Nor t h Dakota __ __ Ohio __ ___ ____ ____ Oklahoma ___ ____ _ Oregon _________ __ Pennsylvania ___ _ Rhode Island _____ South Carolina __ _ South Dakota __.. Tennessee ___ ____ _ 'rexas ____ _______ _ U tab __ _______ ____ Vermon L __ _____ _ Vi rg-i r. ia ____ __ ____ Washington __ ____ vYest Virginia ____ Wisconsin ___ __ ___ Wyoming ________ Alaska - - - - -- - -- Hawaii - --- - -- - Puerto Rico ______ Amount disbursed $2,212,500.00 2b,345,893. 80 1, 249,191.55 47,021,831. 75 10,978, Ofi4 . 04 812,000.00 2o,265,548. 24 2, 08(), 719. 43 12, U24, 3!9. fif> 43.fl78,784.33 3,560,000. 00 4,173,423 . 18 195, 13fi. 00 12. 441, 524. :m n,684,912.21> 1, 490, 445. :32 $1,150,566.00 18, 803,153.7 5 712,975.3 6 25, 277, 921. 64 7, 396, o42. 11 616,149.7 3 19, 107, 050. 24 1, 340, 819. 43, U, 412,918. 71 29,864,867.3 0 3, l LD, 437. 1z 3,273,395.0, 84,736.0 o, 8, 700, 504. 3.5 7,487,118.4 4 1. 164, 939. 73 . 296. 809. 50 3,966,773.3 3 21,211,074.61 2. o~m, 003. 30 6, fi96, 140. 4.0 2H. 545. 51 fiOfJ, JOO. 00 6,189,950.00 30,346,745.61 3, 518, W:>. 4fl 9,776,475.00 318,545.!il 432, 500. 00 400,000. 00 1, 340,000.00 Total ___ ___ _ 1 491,8.50.543. 24 .so;ooo.o0 275,000.00 I, 181,500.00 ---2 318, 4fi4. 809. 43 1 In addition, agreements to make loans (and participations), upon the performance of specified conditions. were outstanding at the close of Sept. 30, 1940, in the aggregate amount of $129,571 ,302.50 (including amount to be taken by participating hanks , etc.) . 2 Includes amounts reported dis bursed as of Sept. 30. 19-10, by participating banks, etc .. on immediate and deferred participa tions. In the case of deferred participations, the entire amount of the loan is ordinarily disbursed by participating bank. TABLE l 2.-Part I .-Loans on self-liquidating projects by types of project, from July 21, 1932 , to Sept. . 30, 1940, inclusive [Under sec. 201 (a), title II, of the Emergenc·y Relief and Construction Act of 1932, as amended] BRIDGES Number of Numher of loans auborrowers thorized ------------ Public __________ ______ __ Private _.. _____ . __ ______ __ To taL. _______ __ ___ 5 9 5 16 14 $99,049,579.80 1. 729,930.78 - I Amount disbursed ·--------- --------· -----11 Amount withdrawn or canceled Amount authorized $3,578,602.94 415,000.00 $9.5, 470, 976. 86 ],314.930. 78 3,993,602.94 96, 785,907.M ------- 100. 779. 510. 5S COLLEGE BUILDINGS Pub l i r. ______ ____________ , $3,031,155.71 $1,iOS.000. 00 I $1, 323, 155. 71 ---------------------------------DOCKS AND TERMINALS Public ___________ . _.. ___ _ Private __________________ TotaL _________ ____ 2 3 5 I 2 3 $325,000.00 l , 793, 691. 47 ,5 2, 118, 691. 47 I $50, 000. 00 1,100, 000. 00 $275,000.00 693, 691. 47 1, l.">O, 000 00 968,691.47 REPORT OF REC0NSTRVC'TION FI~ANCE CORPORATION TABLE 69 12.-Part /.-Loans on self-liquidating projects by types of project, from July .21, 1932, to Sept. 30, 1940, inclus1·-ve-Continued [Under sec. 201 (a J, title II, of the Emergency Relief and Construction Act of 1932, as amended] DRAINAGE AND IRRIGATION II Number of i -- ---- Amount disbursed --- - - - - - -------- - - - - - - - ----- Public __ . _______ __ _______ ! Private ______________ ____ ; -- Total_ . _- -- - - - --- -- i Amount withdrawn or canreled Number of Amount authorized borrowers loans authorlzed 14 3 10 17 13 $10,214,000.00 1,330,000.00 3 i I 11,544, ooo. oo $2, ;)08, 400 00 455,000.00 $7,570,fiOO.OO 875,000.00 I 2,763,400.00 8,445,600.00 I $3,973,000.00 HOUSING (LO-\V-COST) Private __________________ : 3 I 31 $12,187,000.00 I $8,214,000. 00 I $1,441,307. 571 $774,f.07.81 j $1. 764,694.37 I $22, 901, 270. 00 MARKETS I Pri vn te __________ ________ iI 9 1 91 $2. 21.5, 915. 38 POWER p U bl",lC ___________________ Ii I 5 I 5 I $24,n65,9G4.37 PUBLIC AND SEMI-PUBLIC Bl,:ILDINGS Public ______________ -----1 6 1 61 $3, 906, 500. oo I $53,000.00 I $3,853,MO. OO I $1, 097, 300. oo I $937,000.00 SKWERS Public ___________________ , I 12 I 12 I $2,034,300.00 ,v ATERWORKS (including water districts) Public __________________ Private ______________ - - - - 91 13 1- TotaL _____________ i 104 1 81 13 $227,939,859.85 .569, 340. 00 $9,087,374.00 434,140.00 $180,445,485_85 135,200.00 94 228,509,199.85 9,521,514.00 180,580,685.85 ' ALL OTHER '' Pu_bJic_ --- - - -- - - - -- - - - -- - i Private _____ __ __________ - : 5 1 TotaL ___________ -! I I 5 1 $4,614,000.00 4,486,250.00 9, 100. 250. oo $200,777.20 $4,413,222.80 4,486,250.00 -- -- -- ----- - --- --- I 4,687,027.20 I 4,413, 222.80 I TOTAL, PART I I Public ___________________ :I Private _____________ ____ _! TotaL _________ ____ : 155 37 139 37 $375,780,359.73 24,312,127.63 192 1 176 400,092,487. 36 $19,848,148.51 12,304,697.57 32. 152,846.08 I $317,190,211.22 12,007,430.06 I 329, 197, 641. 28 70 REPORT OF RECONSTRUCTION FINANCE CORPORATION Part I !.-Loans to public agencies to aid in financing projects authorized under Federal, State, or municipal law, by types of project, from Apr. 13, 1938, to SepL 30, 194D, ir:clus-ive lUnder sec. 5d of the Reconstruction Finance Corporation Act, as amended] Number of loans authorized Type Bridg es ____________________________________ College buildings ___________________________ Muni cipal improvements (parks, etc.) _____ Power and light_ __ _________________________ Publi c buildings _______ ____________________ buildings ___________________________ Schoo1s _____________________________________ Sewer Street s and roads ___________________________ Water works ________________________________ Allot her 1__________________________________ 9 14 5 8 17 16 19 12 58 13 Total, part II ________________________ 171 Amount withdrawn or canceled Amount authorized Amount disbursed $13,503,536.00 $566,000.00 4,682,000.00 138,000.00 l, 792,000.00 -- ---- ---------18,641,000.00 6, 017,000.00 5, 379, 991. 81 388, 000.00 1,509,900.00 422,100.00 1,663,000.00 718,500.00 51,696,000.00 3, 547, 911. 24 16,402,300.00 1,295,500.00 98,792,100.00 67,100.00 2 214,061,827.81 I 13, 160, lll. 24 $11,768,036.00 3,624,000.00 772,000.00 8,349,000.00 4, 878, 991. 81 437,100.00 704,000.00 43,105,588.76 13,987,800.00 32,815,000.00 I 120,441,516.57 Revised. Jn addition, conditional agreements to make loans, upon the performance of specified conditions, were outstanding in the amount of $15,601,375 at the close of Sept. 30, 1940. 1 2 13.-Number of banks and trust companies to which loans were authorized, and amount authorized, under sect.ion 5 of the Reronstruction Finance Corporation Act, as amended, by S'i ze of cities or towns, from Feb. 2, 1932, to Sept. 30, 1940, inclusive TABLE Number of banks and trust companie~ Amount authorized Population of cities or towns in which borrowers are located Number ----------------------Under 5,000 __. _________ .. _____________ - _____ - - - - - - _5,000 to 9,999 ____ __ ___________________ . __________ .. __ 10,000 to 24 ,9J9 _____ .. __________ __ ___________________ 25,000 to 49,999 ______________ ______________________ _ 50,000 to 99,999 ____ __________________________ ____ ___ 100,000 to 199,999 __________________ __ ______________ _ 200 ,0CO to 499,999 ___________________________________ 500,000 to 999,999 ____________________ _______________ 1,OOJ,0C0 and over __________________________________ Total ________________________________________ Percent of total Amount Percent of total ---- -----5,144 591 254 211 166 106 145 188 70.0 8.0 7.4 ·3_ 5 2.9 2.3 1. 4 2.0 2. 5 $330,703,234.08 129,103,413.50 196,999, 2<J9. 26 14i,638, 114.41 293.840. 217.51 228, 738;845.90 256,847,436.32 411,784,813.07 472,460,717.66 7,346 100.0 2, 468, 116, 091. 71 541 13.4 5.2 8.0 6.0 ll. 9 9.3 10.4 16. 7 19. 1 100.0 14.-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, 1940 TABLE WASHINGTON OFFICE Name Title Schram, Emil_______ __________________________ Chairman __________________________________ _ Henderson, Charles B. ________________________ Director ___________________________________ _ Hus bands, Sam H _______________________________ .. __ do _______________ _______ __ _____________ _ Klossner, Howard J ___________________________ _____ do _____________________________________ _ Merriam, C. B _____________________________________ do ______________________ _______________ _ Talley, Lynn p _________ _____ ____________ _____ Assistant to the directors ___________________ _ Buskie, George F __ ______ ______ ________________ Special assistant to the directors ____ __ ______ _ Cooksey, George R ____________________________ Secretary _______________________________ __ __ M ulliirnn, H. A _______________________________ Treasurer __________________________________ _ Hamilton, Claude E., Jr ______________________ General counseL------"------ -- ---- - -------· Clay, Cassius M ______________________________ Assistant general counseL _______________ __ __ Dougherty, J. L _______________________________ ___ __ do _____________________________________ _ Durr, C. J ____ ________ ______________________________ do __ _____ ___ ___________________ _______ ~_ Snodgrass, RussEll L _______________________________ do __ _______________________________ ____ _ Fitts, William c ______________________________ Special counsel_ ____________________________ _ 1 On leave of absence without pay. Salary per month I $833.33 833.33 833. 33. 833.33. 833. 33. 1,041.67 833.33 833.33 833.33 833. 33 833.33 833.33. 833.33 833.33 833.33. REPORT OF REC0~STR U0TION FINANCE 0ORPORATION 71 f ABLE 14.-1Vames and compensation of directors, officers, and employees of the Reconstruction Finance Corporation receivi ng from the Corporat'i on more than $400 per month, as of Sept. 30, 1940-Continued WASHI N GTON OFFICE- Continued Name Title ~indquist, R. J _____________ _______ ____ __ ______ Chief auditor ____ ____________ ____ ____ _____ __ aarriger. J . W., III ________ __ __ ___ ____ _________ Chief examiner, Railroad Di vision _______ ___ Brownell, R. A _- - - - -- -- - ---- -- - ------- ------ - Chief, Agency Di vision ___ ___ ________ ______ _ ~acartney, Morton_ ______ ____ _______ ___ ___ ___ Chif'f, Self-Liquidating Division ___ ___ _____ . ~cGrath, M. J_ _ _ __ _________ _____ __ ___ __ _____ Chief, Examining Division _____ __ ___ _______ _ !Jamil ton, T. A___ ___ ___ ____ ___ ____ ___ __ __ __ __ Special examiner ___ _____ ______ ___ ___ ___ ___ __ rhralls, Jerome_ __ ____ ________ _________ _____ __ Special representative ____ ____ ____ ___ __ _____ _ Williams. George B ___________________________ President of The RFC Mortgage Company _ ray lor, R. J ___________________________________ Assistant chief, Examining Div is ion ____ ___ _ Jostello, '\V. C ___ ___ _____ _____ __ ____ __________ Special assistant to the Board of Directors __ 58tterfiel<l, W. R ___ ___ _____ ______ ~ ____________ Assistant general counseL __________ __ ___ ___ _ ~ullivan, William ,v __________________________ Examiner __ ____ ____ _______________ ______ ____ Jriffin, D. B __________________________________ Assistant treasurer _________ ______________ __ _ rohnson, ,v. J __ __ ___ ________ __ ___ ______ ______ _ Assistant chief, Examining Division _____ __ _ Ronan, Frank T ______________________________ ___ __do _________ ____ ___ ___ _______ ___________ _ Wright, Charles M ______________ ____ ____ ___ ___ Assistant general counsel_ _________ _________ _ !Ceenan, Frank J ______________________________ Examiner __ _______ ________ ____ ____ ________ __ lruehl, Frank W ______________________________ Counsel. __ __ ____ __ ____ ___ __ __ ______ __ ______ _ Joleman, John F ______________________________ Engineer adviser ___ ______ __ __ ______ __ ___ __ __ Ribenack, W. c ___ ___ _______ __ _____ ______ _____ Assistant chief, Examining Division _______ _ 3troud, W. E _________________________________ _____do ___ ___ ___ _____ ___ _____ ____ __ __ ___ ____ _ lllen, Ronald H ______________________________ Assistant secretary ___ ___ ____ ____ ____ _______ _ Elo bson, Alfred T _____________________________ _____do ___ ______ ___________ _____ __ _______ ____ 3ullivan, Harry L ____ ____ ____ __ ____ ____ ___ __ __ Assistant treasurer __ ________ ______ _________ _ Davis, Thomas H __ _____ _______ _____________ __ Administrative assistant_ ___ ___ __ ______ __ ___ Bass" t t, A 1bert E ______________________________ Examiner ____ ____ ____ _____ __ __ ____ ____ __ ____ Strong, Albert L ____ ______ ________ ______ ____ __ Chief, Drainage and Irrigation Section ____ __ Kelley, Jerome T ______ ___ _____ ___ __ __ . ________ Assistant treasurer __ ____ ___ ___ ________ _____ _ Unzicker, Willard E ___________________________ ___ __ do _________ _____ ___ __ ____ _________ ___ ___ Berrett, R. W _______________ __________ _______ _ Administrative assistant_ ______ __________ ___ Merritt, Arthur B ____ ____ ____ ____ ___ ________ __ ____ _do ____ -- - --- - - - --------- - -- -------- - ---Klagsbrunn, Hans A ________ ____________ ____ __ Counsel. ____ ____________ ______ ______ ____ __ __ Edelman, Edward ____ ____ ___ __ __ __ __ ____ ____ _ ___ __do _____ ______ ______ ___ _____ ___ ____ __ ___ _ Shaver, Clem ___ _____________ ____ ____ ___ ___ ___ Special assistant to the directors ___ ____ _____ _ Elliott, David C ________________ _______________ Chief, Statistical and Economic Division __ _ Gunderson, Harvey J _________________________ Counsel . ______________ ______ ____ ___ __ ______ _ Sabin, Samuel H ____________ ___ _______ ___ ______ ____ do ______ ____ ____ ___ ___ __ _____ ________ ___ Dodds, Chauncey Y __________________________ Examiner __ _______ ___ ____ ___ _. __ ______ ____ __ StaffOrd, Bayard C ____________________________ _____ do _____ _______ _________ ________________ _ Watson, William P ___ ___ ___ __ __ __ ______ __ _____ _,___ do _____ __ _______ ____ ____ ___ __ __ ___ __ __ __ Chadduck, Harry W __________________________ Administrative assistant_ ___ ____ ___________ _ Griffin, Charles N _______ ________ ___ ____ _______ ____ _do ___ ____ _____ __ _______________ ________ _ Young, R. D __ ______ __ _______ ____________ _____ ____ _do __ ___ __ _____ ______________ ___________ _ Drager, Walter L _____________________ ___ __ __ __ Chief, Engineering Section ___________ ______ _ Hill,· George H ;, Jr ____________________________ CounseL _____ __ __ _______ _______________ _____ Stansfield, Edgar A_ __________________________ _____ do ____ _______. __ ___ . _____ __ ____________ _ Shepard, Guy B _____ ____ __ __ __________ _______ Assistant chief, Agency Division __ __ ___ ____ _ Greist, Alva O ___- -- -- --- - -- --- ---- -- - - ---- - - - Advisory engineer ______ __ ___ __ __ _____ ______ _ Fletcher, William Meade, Jr ____ __ __ __ __ __ ____ Counsel. ______ ___ ____________ ____ ____ __ ___ __ Miller, M. E __________________________________ Examiner _____ __ ___ __ ______ ____ ___ ____ __ ____ Norton, John E ______ ____ ____________________ _ Chief, Mining Section ____ _____________ _____ _ Stein, Edward T ______________________________ Chief, Bond Service Section ___ ______ __ _____ _ Livingston, Schuyler W _______________________ CounseL _________ ____. __ ___ ____ ___ _____ ____ Gr~er, Frank H _______________________________ Special representative _____ _____ __ ___ ____ ___ _ Healey, Geo. W __________ . ____________________ _____do ______ _______ ________ __________ .. _____ _ Boggs, Verner _______ ____ ____ ___ ___ . ___________ Examiner ________ __ __ ____ __ ______ ____ ___ __ __ Cole, James O __ _____ _______ ______ __ __ _____ ___ _ Assistant to the ChRirman __ ____ ______ __ ___ _ Beck, ,v. C., Jr_ ______________________________ Chief acconntan t. . __ __ ___ _____ ____ ______ ___ _ Royall, Nathaniel .. ___ ___ ____ ___ ________ _. _____ Assistant chief auditor ____ ________ __ ___ ____ _ Wilson, Robert G _____________________________ Counse L __ ___ ______ _____ _____ __________ __ __ Dickinson, R. G ___ ____ ____ ____ ___ __ _____ ___ _. _ Examiner _________ ______. ______ __ ____ ___ __ __ Howard, Ernest B ___ _______________ __ ____ ______ ____do ___ ________ ____ _________ ____ ____ ____ __ _ Lewis, Charles B ______ ____ ___ ___ . ___ ____ ______ ____ _do ___ ________ ____ ___ __________ ____ _____ __ Rossman, Richard __________ __ _______ ________ __ _____do ___ ___ _______ _____ _____ ___ _____ _. ______ Wadden, Thomas A ______ ____ ___ _____ __ ___ ______ ___do ___________ ______ ___________ ___ . ____ ___ Rutland, Herbert R ______ ____ ___ ___ ____ _______ Administrative assistant_ __ ___ ______ __ _____ _ fohnson, L. E __ __ ________ __ __________ _____. ___ Examiner __ ___ ______ ___ _______ . ___ _______ ___ Tyree, Young ___________ ___ ____ __ ___. ___ __ __ . _ _____ do ____ __ ____ ____ _____ __ _______ ______ __ __ _ Joyce, Walter E _______________________________ Administrative assistant_ _______ ____ ___ __ ___ Keays, R. H_ ____ _______ _________________ _____ Supervising engineer __ ______ __ ___ __ __ ____ ___ Knarr, M. W __________ ___ ____ ___ ____ ____ __ __ . _ Assistant to the secretary __ ___ ____ _____ ____ _ Glueck, Na than H ____________________________ CounseL __ __ _____. __ _____ ______ ___ ___ ____ __ Armistead, Robert p ___ ______ ___ . ____ _________ Examiner ________________ ______________ ____ _ Clayton, Laurance J ___________________________ ___ __do __ _____ ______. ______ ____ ______ ____ ___ __ 8~~~1t~~rj_~:a-en::::=:=:: :::::::::: :== === ==::===~~=::::::: =::=:::=:::=::::::::::: :::::::: Jenkins, Hugh Powell ___ ________ __ __ __ __ __ ___ __ ___ _do ___ __ _______ ___ __ _______ __ ____ ________ _ Jones, Ralph B __ _____________________ ______ _______ _do _____ ____ ___________ _____ __ _______ _____ 8.alary per month $833.33 833. 33 833.33 833. 33 833.33 833.33 833. 33 833.33 800.00 791. 67 791. 67 775.00 766.67 750. 00 7,50. 00 750.00 708. 33 708. 33 708. 33 708.33 708.33 708. 33 708.33 666. 67 666.67 666.67 666.67 650.00 650. 00· 650.00 650. 00· 650.00 633. 33 625.00 62.5.00 625. 00 625.00 625.00 625.00 625. 00 625. 00 625.00 625.00 625.00 608. 38 608.33 600. 00 600.00 600.00 600.00 583. 33 583.33 583. 33 583. 33 583.33 583. 33 566.67 566.67 566.67 566.67 566.6i 566.67 566.67 566. 67 566.67 562. 50 562. 50 562.50 550. 00 550. 00 541. 67 !i41. 67 541. 67 541. 67 541. 67 .'i41. 67 541. 67 541.67 72 REPORT OF RECONSTRUCTION FINANCE CORPORATION: 14.-Names and compensation of directors, officers, and employees of t. Reconstruction Finance Corporation receiving from the Corporation more th£ $400 per month, as of Sept. 30, 1940-Continued TABLE WASHINGTON OFFICE-Continued Name Title Luce, George P __________________________ ______ Examiner _________ ________________________ __ Mielenz, Louis M _____________________________ _____ do ______ __ ____ _____________ ______ ___ ____ _ 0 'B leness, E. J ____ ______________ ________________ ___ do __________ ___ ___________ ____________ __ _ Peery, Robert W __ ___________________________ ______ do . ______ __ __ __________ _____ ___ __ ______ __ Robertson, Hilton W __ _________ ___ __ __ __________ ___ do ______ __ ___ ______ __ ____ ______ _________ _ Rochelle, William J _ __________________________ _____ do ___ ____ ____ ____ __ ________________ __ ___ _ :Seabury, R . M ________ ___ _____________________ __ __ _do_ . ____ _______ _________ ________________ _ Seeley, Harold J _______ .. ___ _____ _______ . _______ _____ do __ ___ __ ___ __ ___ __ ____ . ________________ _ Talman, Carter _______________________ _____________ do ___ ___ ___________________________ _____ _ 'Toole, J. E _. __ ______ ______ __ _______ ___ ________ _____ do _______ __ ________ _____ _____________ ___ _ Ward, MaxwPIL _______________ . ___ . _________ ____do __ ________ ___ ______ ___ ___ _________ ____ _ Tracy, Frank T _______ ______ _______________ . __ Chief Clerk and Building Suprrintendent. __ Burton, Roy IL___ ____ ______ ___ __ ___ _____ ____ Assistant chi<'f, Engineering Section ________ _ Rait, Donald M . ________ __ __ ______ __ ___ _ . _____ F.ngineC'r examiner _____ ___ ________________ _ Estes, George L __ _____________________________ Examiner _. ____ ___________________ _________ _ Freeman, Lewis D _________ ___ __ _ . ___ ______ _____ ___ do __ . ___. __ _____ __ __ __ __ _______________ _ Henrich , William A. __ ______ ___ __ _____ ____ ___ . _____ do ___ . . __ _____ ____ ______ ________________ _ Blair, Smith ___________ __ __ . ___________________ ___ do ___ _______ __ ____ _______ . ________ . ____ _. Holland, B('rnard P., Jr_ ____ . ____ _______ . _ ____ Counse L __ . _____ ______ . __ _ . _______ . _____ . _. _ Galt, Alexand er B ___ __ . ___ ___. ____ ___ . ________ Assistant secrftary __________ . ______ ___ ___ __ _ Crossland, Stanley T __ __. __ _____ . _____________ Assistant to Mr. Klossner_ __ ___ . ______ _____ _ Goodale, Robert C. ___________ __ _____________ Counsel __ ____ ______ ... __ _. _____________ __ __ Hutchinson, A. S ______________ ______ ____ _. _. _ ___ __do _. ___ . ____. ______ ______ ___ . ______ _____ _ McCaffery, Emmet __ ____ ________________ ____ ___._do ___. ___ __ . _________ ______ _.--- - - ----- - S:indlin, John N ____ ________ __ ______ ________ . ____ _do ______ ______ __ __ ____________________ ___ Stoner, George B . _________________ ____________ _____ do_ . ___ . _________ . ___ . . _____ ___ . ________ _ Chadwr ll, W. A ____ ____ __ ___ ___ ___ __ __ ____ ___ Examiner _____ __ __ __ __ ______ _________ __ ____ _ Cristadoro, Anthony J ____ _____ _____ ________ __ __.. _do ____ ______ __ ____ ______________ _______ -Etheridge, Julian c _________ ___ ______ _____ ____ ____do ______ __ ____ ___ _______ ____ __________ _ Farrell, Ed ward A __.. _. ____ ____ ____ ____ _. ____ . ___ _do ___ ____ . ___ ______ ___ . ___ . __ ____ . _- __ - - Fost('r, Sterling J., Jr_ ___________ _____ _______ __ ____ do- --- - ------ - - - -- - --- -- - ----- - - ----- - - ·Giddings, William(; ___ _____ _________ ________ ___. . do ___ ________ ________ ------------ ------ · Hoover, J arnec_ 0 _____________ ____ __ ____. __ . ____ do ... _____ ____ ____ ____ __ __________ . ____ . House, Perry B ___ . ________ ____ ___________ . __ . ____ do ___ ___ ___ ___ _____ ______ ___. _______ . - _- Mack. Bryan _. __ ___ _______ ___ ___ ____ ______. ____ ___ __ do ____ __ ___ _... __ __ __ _______ __ _______ . __ _ Stewart, Adelbert 'l'. __ ___ ____ ___ ____. ______ . __ ___ __do __. _ ____ __ . ______ ____ ____ . ____ _______ _ Williams, John F ___ ____ __ __ ____ __ _____ __ ___ . __ Administrative assistant_ __ ___ ____ _________ . Dawson, D onald S ______________ . ______ _. _____ ___. .1' 0 ___ _ . ____ __ _ _____ ___ _ . _. ___________ - - - Knnnee, Henry M___ __ ________________________ Liaison. r~prese~tative _______ . ... _-- __ -- -- -- - Roper, James IT _____ ___ _____ . ___ __ __. ____ __ __ Superv1smg engmcer_ _____________ ______ ---Waugh, Les tcr R ____ ___. ____ . ___ . ____ _____ ___ . ____ do __ _____ ___ _. _____ . ___ __ ______ _. . _. _. - - Halsted, J. Donald__ __ ____ ______ _____ ___ ______ Special assi~tant, Statistical and Economic Di vision . Maroney, W. H ___________ . __ ___ _____ _. __. ____ Assistant chief, Bond Service Section ______ -Stroberg, H. R ______ __. ___ ______ ___ . ____. ____ . Auditor _____ .. . _________ . __________ __-- - - - - -Ward, Peter C ___ ____ ______ . ___________________ Administrative ass is tan t_ _____ ____ ____- _- - - Bladen, W. H __ ____ ___ __ ___ __ __ _______ _. _____ ChiPf, Expense Section ______ ______ . __ - - - - - - . Braver man, A. Marv in ____ ____________ ______ . _ CounseL . ___________ ________ ____ - _- - - - - - - - - . McLaughlin, Mat.thew A., Jr_ __________ ________ ___ do _____ ______ ___ ____________ ________ ____ _ Metz, Elmer E _____ __ _____ ___ ___ _____ ____ ______ ____ do. ____ . _____ ______________ ___ . ____ - _- - - . .Strom, L. H ___ ____ ____ _. ___ ___ __ ______ ______ . _ Engineer examiner ___ . ___________ . ___ -- - - - -Brown, Alan B ___ _____________________________ CounseL ____ .. __________________ ____ . ____- - - Ellsworth, George K. c ___ ______ _____ . __. ___ _______do _____ ___ _____ ____ __ ____ ___ _____ _- --- -- Yeager, William B _.. __ ____ __ ___ ____ __ ___. __. __ Examiner __ ______ _____ _____ _____ __ __ __ - _- - - Greely, Adolphus W ___ _. __ _____ ___ ___. ___ ____ En~ineer examiner ______ __ ______ - - -- -- -- - - - Campbell, J. Bowers___ ______ ____ _____ ______ __ CounseL __ . _____________ . ___ __ ------------ -·Collins, James H ___ _. __ ___________ __ _.. _______ Administrative assistant__. _____ ------ -- -- -Murphy. D. F .. ____ __ _____ . ___________________ Examiner ___________ ___ _____ ___ . ____ - . - - - - - . Respess, John R _____ ______ _________ ___ . __. __. _ Auditor _______ _________ _. ___ ____ - _- - - - - - - - - Alexander, Hamilton ______________ __ __________ Examiner _______ ___ __ _____ ____ ____ --- _-- --- Bergstrom, Raymond A _____ ____ ____ ___ _____ . _____ . do _______ . _. ___ ____ . _____ . ___ -- - - - --- - - -Burrowes, Alfred D _________ __ __ ______ . _____ _ __ . __ do __ ___ ______ _____ . __________ - _- _- - . - - - - ·Gay, John L __.._. __ ___________________________ _____ do _____ ____ _____ ____ ___ ________ .. _- _-- - - - . Mccutcheon, William N ________ ____ ________ __ _____ do ___ ___________ __ __________ _______ ___ ___ Mitchell, Robert A ______ __ ____ __ _____ __ __________ __ do ___ ________ ____ ___________ _____ ______ _ Rhett, Robert Goodwyn, Jr _____ ___ _____ ____ _______ do ___ ______________ _____________________ _ Rogus, Hatton B __________ _____ __ _____ ____. ________ do ______ ______ ________ ~ ______ - _- - - - - - - - - .Snyder, T. R __________________________________ . __ _. do ______ ___ ________________ . __ _- _- - - - - - - Will et t, William E. _. _________________________ ____ . do _________ ________ . ___ - _. - - - - - - - - - - - - - - Leith, Andrew _____ __ . ____ _______ ______ _______ . Engineer examiner _____ ___ . __- - - -- - - - - - - - - - Plein, Leo N __________________________________ . ____ do __ ___ . ___ ___ ___ __ . ___ __ ____ - _- - . - - - - - - Mashburn, L. W _. __ ______ ____________ ________ Engineer. ________ _. ___________ - ___-- -- -- - - - ·w orthington, L. S _____________________________ _____ do __. ________ . ___ - _- - - - - - - - - - - - - - - - - - - - - Luther, Forrest_ __ ___ . ___ ___ ____ . _____ ._._ __ ____ Appraiser __________ . __. __ ____ - - - - . - - - - - - - - - -Considine, James W ______ ____ ___ ______ ____ . ___ Chief, Federal National Mortgage Association Section. Rustin, PetE"r H _____ _____ __ __ _____ ____ . _______ Auditor ____ ___ _______ . - - -- - - - - -- - - - - - - -- -- -Robert, F. H_ ___________ ______________________ Engineer examiner __ . ____ _______ - - - - -- - - -- - 1 On leave of absence without pay. Salary pi month $541. 541. 541. 541. 5-11. 541. 541. 541. 541. 541. 511. 525. 525. 525. 525. ,j25. 525. 520. 516. 500. 500. 500. .500. !500. 500. fiOO. 500. 500. 500. 500, 500. 500. 51)0. 500. .500. ,500. 500. 500. 500. 500. 500. ,500. 483. I 4S3. 475. 475. 475. _475. 475. 475 . 4fi6. 466. 466. 466. 458. 458. 458. 458. 458. 458. 458. 458. 458. 458. I 458. 458. 458 . 458. 458. 458. 450. 450. 450. 450. 450. 450. REPORT OF RECO~STRUC'TION FIXAN CE CORPORATION 73 rABLE 14.-,.Vames 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, 1940-Continued W A.SHINGTON OFFICE-Continued Name Title Safary per month ------------------- ----- Joldin, Bernard E ______ _____ ___ __ ______ ______ Administrative assistant_ _____ ____________ . _ ~lose, James W _______________________________ CounseL __________________________ __ ____ .. __ acobson, Harold E __ __ __ ___ __ _______ ___ ____ ____ __ __ do ___________________ _____ ________ _____ _ ·o hnson , H. C' lay ___________ _______ __ . _________ _____ do . ____________ ____ _______ ____ __ ________ . dills, J. Warner, Jr_ __________________________ _____ do ____ _____________________ _____________ _ doroney, James Callan________ __ ______________ ____ _do ___ . __ __ __ _____ ___________ __ _______ ___ _ IVeinstein, Samuel M _________________________ _____ do ________ ____ ____________________ ___ ___ _ Cigel berner. J. __________________________ . _____ Examiner _____ ____ ________________ _________ . lerrmann, Herbert J __________________________ _____ do ______ __ ____________ _________ . ___ _____ _ Iuie, Byron s_____________________ _________________ do ________________________ __ ___ ________ __ I u b bard , S. A_ _______________________________ ____ _do ___ ________________ _____ ______________ _ IV ise, George E ________________________________ _____ do ________ ___ ___ _________ ________ ____ __ __ IV ill ia ms, T. A ________________________________ ___ _do ____ __ ________ . ______ ___ __ ___ ___ __ ____ _ )avis, Facius W ____ ____ __ __ _____ _____ ____ __ __ Chief, Interest Section ____________________ __ ~base, John H ___ ____ _____ ___ _________________ Assistant chief, Statistical and Economic Division. ~ielson, Leo _____________ ______ ._______________ Administrative assistant_ _____________ ______ II.foyer, William A __ . __________________________ Auditor __ ___________ __ ________ ____ _____ ___ __ ieil y, Robert F _______________________________ ____ _do _______________________________ ____ ___ _ Jailey. Lawrence M ___________________________ Field representative ________________________ _ 3liss, Rodney M ______________________________ ____ _do ______________________________________ _ rerrat, Thomas L __________________________________ do ______________________________________ _ Ulen, Charles C_ ______ __ ___ _____ __ ____ __ __ ___ _ Supervising engineer _______________________ _ lahman, William F ___________________________ Engineer examiner ___________________ ______ _ 1.1:cKenna, William F _________________________ CounseL __ _________________________________ _ A>scallett, George A ___ ________ ________________ Field representative ________ ___ _____________ _ ~ulligan, Minot C __________ ____ _________ ___ __ Assistant to the secretary __ ____ ___ ___ _______ _ 3aukhages, Frederick E., IIL _________________ Counsel. ______________________________ _____ _ Jongdon, E. P ________________________________ Engineer _________________ . _____ . _________ __ _ Joplan, Benjamin J ___________________________ Supervising engineer __________ .. ____________ _ ~asley, Robert J ______________________________ Appraiser _________ ________________________ __ lalls, Frank C ____________________________________ _do ______________________________________ _ :lopkin, ,vmiam H. __________________________ Field representative ___ ________ ___________ . __ ~add ox, A. K ________________________________ _____ do __ ______________________________ . __ ___ _ Bartow. John S _____________ .. __________________ Examiner ___________ ________________ ___ ____ _ =:obb, Culver, W __ _______ ________ _____________ _____ do __ -- -------- - ------- - --- - ----- - -- ----Joldsborougb, Phillips L ., Jr___ __________ _____ _____ do ________ ________ _______ ________ ______ _ Josnell, John A_________ ___ _______ ____ ___ _____ _____ do _____ _______ __ ______ ___ _________ _____ _ rarkson, Cullen G __________________________________ do __ ________ __ ____ __ ___ __ ____ __________ _ [eyes, Paul C _________ _________________ ____ _______ do ____________________________________ . _ ~ewis, Lunsford L __ ______ __ _______ __________ ___ __ _do ________ ___ ____ _____ ___ ____ ____ ___ _._. Palmer, Vernon D _____________________________ _____ do ____________ _________________________ _ Pierce, Leo A_ _____ _______ ____ _______ ____ ______ _____ do ____________________________________ __ ;mart, Oman B _____ ___ ____ ___ ______ ___ ______ __ ___ . do _______________ .. ___________________ . __ ;tafford, D. N. ________________________________ _____ do ____________ _______ __________ __ ______ _ ;_~ee le, Hubert B ______________________________ _____ do _____________________________________ _ LOAN AGENCIES 433.33 433.33 433.33 433. 33 433.33 433. 33 433.33 433.33 425. 00 425.00 416. 67 416.67 416. 67 416. 67 416. 67 416.67 416.67 416.67 416.67 416.67 416. 67 416.67 416.67 416.67 416.67 416. 67 416.67 416.67 416.67 416.67 2 Hlanta, Ga.: Everett, M. E_ ____ __ ________ ________ ______ Manager ___________________________ . _______ _ Davis, W. J ___ _______ _______ _______ _______ Assistant manager _________________________ _ 3altimore, Md.: Coke, William H ____________ Special representative _________ ______ ___ ____ _ ~irimingham, Ala.: Long, E. ,v _______________________________ Manager __________ __ ______ ____ __ ____ __ __ ____ Foy, Fred H __ ___ __ __ _________ ____·________ Assistant manager __________________ _______ _ !Joston, Mass.: Hagerty, John J ___________________________ Manager ___ __ ____ ____________ __ ______ ______ _ Larkin, George E __ .. ______________________ Assistant manager_ __ ___ __________ __________ _ Griffin, Edward . __ __ __________ -·_____ _____ Counsel_ ________ _____ ____ _____ . ______ ___ . - - Jbarlotte, N. C: Campbell, John A., Jr__ ____ _ Manager _____ ________ ____ ____ ___ ________ _. -;bicago, Ill.: Murchison, Frank M ______________________ ____ _do ____ ______________________________ - - - - Black, Craig O _______ . ____________________ Assistant manager_ ____ ____________ _____ _. __ Gregson, William F _______________________ ____ . do _______________ _____ ________________ . __ ,valker, Lee ____ __ ______ __ _____ _______ ____ Office counsel.. _________ ______________ - - -- - Mattingly, B. Ar chi bald __________________ Special representative _______ ____ ____ . ______ _ Fordyce, "\\-'"illiam C ___ ____ ____ _____ ___ __ __ Examiner __________ ______ ____ __ ___ _______ ___ Hoel, M. 0 _______________________________ At tome y ________________ . _________ ___ ___ - _- Boysen, Louis K_ ___ __ __ ______ ______ ______ Examiner _____________________ . ___ ____ ___ ___ Mudgett, C . F ______ _____ ___ ____ ______ ____ Examiner ____ __ ___ __ ________________ . ____ ___ _ · Standish, M. L ____________________________ Office manager ____ ______ _______ _____ __. _____ Gill, Charles R ______ __ _____ ________ ______ _ Examiner __ : ____________ _______ ___________ __ ~ elson, Harvey F _________________________ _____ do __ . ____ __ _____ ___________ __________ - . - 2 $441. 67 441. 67 441. 6i 441. 67 441. 67 441. 67 441. 67 441. 67 441. 67 441. 67 441. 67 441. 67 441. 67 433.33 433.33 $541. 67 416. 67 458. 33 416. 67 416.67 750. 00 500.00 433.33 541. 67 833.33 666.67 583.33 791. 67 708. 33 625.00 625.00 500.00 500.00 500.00 458.33 458. 33 Except as herein indicated, attorneys handling legal matters of the various agencies of the Corporation lo not receive salaries but are paid in the customary way according to the character and volume of the work ~rformed and therefore are not included. 74 REPORT'OF RECONSTRUCTION FINANCE OORPORATION 14.-Names and compensation of directors, officers, and employees of t} Reconstruction Finance Corporation receiving from the Corporation more tha $400 per month, as of Sept. 30, 1940-Continued TABLE LOAN AGENCIES 2 -Continued Name Title Chicago, Ill.-Continued. Rueter, ·wnbert H ______ ________ __________ Examiner __________________________________ _ Fink, Sigmund A____ ___ __ _____________ ___ Attorney _____ ____ _____ ---------------------Allen, William S __ --- ---- --- -- ------------ _____ do ______________________________________ _ Wilson, Lewis D _______________________________ do _________ ______ ________________ __ _____ _ Bukowski, Peter L __ __________________ ____ Examiner _____ __ _____ ___________ __ ___ __ ____ _ Smith, Ernest R _______________________________ do ______________________________________ _ Tuohy, Arthur ____ ___ _____ ______ __ ______ _______ do _________ __ __ _________________________ _ Cleveland, Ohio: Fraser, J. A _______________________________ Manager __________________ ________ __ _______ _ Davies, M. C _______________ ____ ______ ____ Assistant manager_ ________________ ________ _ Perkins, T. T _____________________________ _____ do _________________ __________ __ - - - - _____ _ Adams, J. R aymond_ _____________________ Examiner _____ _____ _________ _____ _____ __ ___ _ Dallas, Tex.: Glidden, L. B ___ ________________ ManageL-------- -----------------------~--Denver, Colo.: Hudson, Ross L ____________________ do _____________ _______________ ---- ---- __ Detroit, Mich.: Hodgson, Raymond J __________________________ do ______________________________________ _ Fushman, Arthur J _______________________ Assistant manager _________________________ _ Nelson, Fred F ________ _____ ____ ___ ______ ______ _do ______________________________________ _ Marks, Charles B---- ----- - -- ------ - ---~-- Office counsel_ _____________________________ _ Houston, Tex.: McConnell, :rvr__ ________ ___ ___ Manager ____ _____ _____ ________ --- - - ------ --Jacksonville, Fla.: Far well, Fred H ________________ do ______________________________________ _ Kansas City, Mo.: Hodges, Frank _________________ do ______________________________________ _ Little Rock , Ark.: Jarrett, J. W ______ ~--- - - ---- ----- - -------- _____ do ______ ________________________ ________ _ Stanley, J. H _____ __ _____________ __ __ ______ Assistant manager_ ______ __________________ _ Los Angeles, Calif.: Haight, Hector c _________________________ _ Manager ___ _________ _____ ___________ __ _____ _ Angell, Romaine L _______ __ ____ _________ __ Assistant manager _________________________ _ Louisville, Ky.: Abell, J. Fort_ __________ ____ _ 11anager _________ ____ ______________________ _ Minneapolis, Minn.: Clarke, China R _________________________ _ _____ do ______________________________________ _ Power, George c _________________________ _ Assistant manager _________________________ _ Petterson, Severt H ______________________ _ Examiner __________________________________ _ Nashville, Tenn.: Gardenhire, J. M ________ ___ __ ______ __ __ __ _ Manager __ ________ __ _______________________ _ Davis, Lee ___ __ _---------- - ----- --------- - Assistant manager __ ____ ____ _______________ _ Kent, Paul J_ _________________ ----- _ ---- -- Examiner ___________ ___ ___ _____ _________ ___ _ New Orleans, La.: Robertson, George W ____________________ _ Manager ___________________________________ _ Green, Justin _______________________ ______ _ Assistant manager _________________________ _ Goodman, Samuel J. _____________________ _ Agency counseL ___________________________ _ Glass, George W _______ ____________ __ ___ __ Special representative ______________________ _ New York, N. Y.: Ahearn, Thos. J., Jr____ ___ _________ __ _____ Manager ________________________ ----- - -----Par ks, Tho mas E _________________________ Assistant manager ________ . ________ . _______ _ Farthing, William J _______________________ Examiner ________________________ . _________ _ Schneider, John Thomas _____ _____________ Agency office counseL ______________________ _ Evarts, Effingham____ _____________ _____ __ Assistant agency office counseL ______ ___ ___ _ Kavanagh, Thomas p __ ___________ ________ Examiner __________________________________ _ Summers, George__________________________ CoumeL _________ ________ ______ ___ ___ ___ ___ _ Callahan, Raymond R ____________________ Examiner __ ___ ____ __ _______ _________ _______ _ Stevens, Harry L __________________________ _____ do ____________ . _________________________ _ Letcher, J. M _____________________________ _____ do ______________________________________ _ Wilson, Russel T __________________________ _____ do ______________________________________ _ Frey, Charles L ________________________________ do ______________________________________ _ Jefferson, Howard M ___________________________ do _______ _______________________________ _ Linn, Henry A___________ _________________ CounseL ________ . ___________________ - _- _- _T elsey, Leon G ___ ___ __ ___________________ ___ ___ do __________________ ____________________ _ Chapin, George E ______ ___ _________ ___ ____ Examiner __________________________ ______ __ _ Sutherland, Conrad J__ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ _ _ _ CounseL. ________ ___ __ __ ___________________ _ Fields, Bernard _ __________________________ ____ _do __ ____ _____________________ __ ________ _ Fisk, Charles _________ __ ___ _____ ____ _._____ Examiner __________________________________ _ Williams, Ralph D _____________________________ do ___ ______ ________ ____________________ _ Oklahoma City, Okla.: Eagen, J. C ___________ Manager_ __________________________________ _ Omaha, Nebr.: Daniel, Herbert s ______________ . ___ do __ _______________________ - - - -- - ---- -- Philadelphia, Pa.: Scott, E. Raymond ___________________________ .do ________________________________ -. ___ _ Wal ton, Henry F., Jr_ _ ___________________ Assistant ma nag:er _________________________ _ Batchelder, Harry B _________________ .. _________ do ___________ . _________________________ _ McCarthy, Arthur F ______________________ Office counseL ____ ____ _____________________ _ Portland, Oreg.: Kennedy, William____ _______ Manager ___________________________________ _ Richmond, Va.: Gilmer, Henry G ________ _______________________ do______________________________________ Staples, E. W _____________________________ Assistant manager_________________ _________ Crump, W iJliam W _ _ _____________________ Office counseL ______________________________ San Antonio, Tex.: Montgomery, W. T _______ Manager ____ _______________________ ____ _____ Salary PE month $458. 433. 416. 416. 416. 416. 416. 833. 583. 500. 416. 500. 450. 708. 525. 441. 425. 450. 500. 600. 541. 416. 541. 433. 520. 541. 450. 441. 1 500. 525. 1 500. 1 1 625. 1 541. 541. 416. 833 . . 750.1 791. 1 708 .. 708 . . 625.1 500.1 500. 1 483. : 466. 466.1 458.: 458.: 458.: 458.: 450.1 441. 1 116.1 416. I 416.1 475.1 541.1 1 666.1 458.: 416.1 625.1 500.1 541. 1 500. I 458. : 450.1 ~ Except as herein indicated, attorneys handling legal matters of the various agencies of the Corporatio do not receive salaries but are paid in the customary way according to the character and volume of the woi performed and therefore are not included. REPORT OF RECONSTRUCTION FINANCE OOR~ORATION 75 14.-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, 1940-Continued TABLE LOAN AGENCIES 2-Continued Name Salary per month Title .San Francisco, Calif.: McCullough, John S., Jr__ ________________ Manager ____________________________ _______ _ Hossack, H. F __ - --- - ---------------· _____ Assistant manager_------------------------.:Seattle, Wash.: Grieve, G. B __________________ Manager ______ __ _____________ ______________ _ -Spokane, ,vash.: Ferguson, \Valter _________________ do _______________ _________________ _____ _ :St. Louis, Mo.: Snyder, John "\'V __ ___ ____ ___ ___________ ____ __ ___ do ___ ____ __ ___________ ______ __ _________ _ Sain, Frank J _____________________________ Assista-::it manager _________________________ _ :san Juan, P. R.: N orregaard, ~ elson__ ________ Special representative _____ ________ ___ ______ _ $666.67 583.33 433.33 450.00 750.00 475.00 450.00 'Except as herein indicated, attorneys handling legal matters of the various agencies of the Corporation <do not receive salaries but are paid in tbe customary way according to tbe character and volume of the work performed and therefore are not included. 15.-Statement of cash receipts and expenditures Jan. 1, 1940, to Sept. 30, 1940, inclusive (Corporation's accounts with Treasurer of United States) TABLE 1Cash balance at the close of business Dec. 31, 1939, as per the books of the treasurer of the Corporation__ __ ______ ______ ____ ___________ ________ ____ ___ __ ________ __ __ ________________ Add: Checks issued prior to Jan. 1, 1940, canceled subsequent to Dec. 31, 1939 _____________________________________________________________________ $7, 855. 31 Add: Corrections of errors reported to the treasurer subsequent to Dec. 31, 1939_____________________________________________________________________ 61, 961.38 $2, 210, 004. 22 69,816.69 Adjusted cash balance at the close of business Dec. 31, 1939 __________ _______________ _ Receipts: Sale of notes_ _________________________________________________________ $4 7, 302, 395. 96 Repayments on loans: To banks and trust companies (including receivers)___ ____ __ __________ ___ _____ ______ ___ __ ___ $12, 634, 623. 78 To credit unions________ _____ _____ _________ _______ 1, 360. 00 To building and loan associations (including receivers) ________________________________________ _ 806,765.17 ·To insurance companies _________________________ _ 319,54fi.96 To joint-stock land banks ___ ________ _____________ _ 1,349, 116. 29 ·To mortgage loan companies _____ ____ ____________ _ 19,086,356. 92 To agricultural credit corporations _____ __ ________ _ 29,908.46 To railroads _____ __ ________ __ _______ ____ _________ _ 93,331,153.68 'To fishing industry ______ ___ ____ ___ __ ____ ____ __ ___ 159, 946.68 'To business enterprises _____ ____ ___ _______ ___ ____ _ 23,674,206.70 For national defense _______ __ ____ ____ ____________ _ 5,5, 330. 54 To mining, milling, and smelting business _______ _ 172, 609. 40 -On assets of closed banks ____ _______ ___ ____ ___ ____ 816, lll. 73 For self-liquidating projects (par $83,486,353.88) __ _ 81,886,237.72 For repair or reconstruction of property damaged by earthquake, etc.: Under sec. 201-a, act of July 21, 1932, as amended ______ _____ ___ __ ________ ____ _______ _ 14,732.77 Under act of Apr. 13, 1934, as amended: Industrial and commercial business ______ _ 174,769. 58 Other ___ ____ ___ __ ___ ____ _______ ________ ___ 144, 834. 80 For financing sale of agricultural surpluses in foreign markets _____ ________ ______________________ _ 58, llO. 00 For financing the carrying and orderly marketing of agricultural commodities and livestock produced in the United States ______ ____ ___ __ ___ ___ _ 155,750. 00 To drainage, levee, and irrigation districts _______ _ 1,644,122. 39 To public school authorities _____ ____ __________ ___ _ 4,500.00 Secured by preferred stock : Insurance companies ___ __ ______ __ ______ ___ __ __ 200,200.00 Banks and trust companies ____ __ ___ ..._ _______ _ 1,075,079.88 237, 795, 372. 45 :Preferred stock, capita] note, and debenture retirements ______ _______ _ 38,768,615.92 Sale of securities purchased from Public ¥lorks Administration ______ _ 19,806,969.49 Funds .of other governmental agencies: The RFC Mortgage Company ____________ _______________________ _ 6,699,128. 78 Disaster Loan Corporation ______ _____ _____ _______________ - __ _- _- - 3,828,124. 66 Federal National Mortgage Association _______ ___________________ _ 17,787,253.97 Export-Import Bank of Washington _____________________________ _ 30, 000, 000.00 Commodity Credit Corporation _________________________________ _ 460,001,575.82 Metals Reserve Company ________________________ _______ ____ - _- - 5,000, 000. 00 Rubber Reserve Company _______________________________ - __ - - _- - 2,000,000.00 Defense Plant Corporation ______ __ __ ____ __ ____ __ __ __ _____ - __ - - - - - 1,000,000. 00 Interest and discount collected ___ __ ____________ ______ ________ - _- _- - - - - 27,363,954.35 preferred stock purchased (including interest on_ D!vide_nds col~ected___on_____________ 1nter1mrece1pts) ___________________________________ 9,470,598.28 Interest collected on capital notes and debentures _________ ___________ _ 3,624,998.69 Commitment fees of The RFC Mortgage Company __________________ _ 788,857. 92 2,279,820.91 76 REPORT OF RECO~STRUCTION FI~ANCE CORPORATION 15.-Statement of cash receipts and expend1Iures Jan. 1, 1940, to Sept. 30,. 1940, inclusive (Corporation's accounts with Treasurer of United States)-Con. TABLE Receipts-Continued. Accrued interest on notes sold __________________________________ ___ ___ Premium on sale of securities purchased from other governmental agencies-- -- --------- - ---- - -- - -- -- ---------------- - --- -- - --- - ------Interest, to date of purchase, on securities purchased from other governmental a[lencies _________ ___________________________________ __ __ _ Reimbursable expense collected _______ ___ ________ ________ _____ _____ _ Repayments on ad vanees for care and preservation of collateral ____ ___ Liquidation of assets acquired through foreclosure and settlements ____ Premiums on securities sold ________ _____ _______ _____ __ __ ___ _______ __ _ Remittances held in suspeme _____ ----- -- -------- -- --- -- -- - ---- - --- - U nalloeated- pending ad vices ___ ____ ______ ______ _________ ____ ___ ___ __ Miscellaneous (including nmounts credited in error) __ __ _______ ______ _ $1,165. 06 2,584,172.30 20,093.21 1.408, i17.33 722,6ln.93 3,9f)0,879.28 5.433, l!ii.84 3-l. 036, i79. 19 1. 851. 631. 39 1. H 1. 065. 89 - - - - - - - $962, 668, 724. 7l 9G4, 948, 545. 62" Expenditures: Reti!"emen t of notes __ ______________ _____ ______ ______ _____________ ____ _ $51,853,445.50 Loan disbursements· To banks and trust companies (including receivers)_ $39G,902. 92 To building and loan associations _____ ____________ _ 2,134. 733.82 To joint-stock land hanks _____ __ _____ ___ _______ __ 1, 371. 389. 29 To mortgage loan companies ___________ ____________ _ 3.5.455. 213.42 To railroads ___________ ___ ________ ___ ____________ __ 114, 762, 561. 00 To business enterprises ___________ ___ ___ ___ ___ ____ _ 24,814,996.10 For national defense ____ ____ __. _______ ___________ _ 4, 899, 716. 35 To mining, milling, and smelting business _______ __ l, 157,009. 40 On assets of closed banks ___ ______ ___ ___ _______ ___ _ 2~2.024.07 For self-liquidating projects ( rar $43,009,300) __ _____ 41,308,183.84 To drainage, levee, and irrigation districts ___ ___.. _ L 408,094. 64 To public school authorities _____ _________ _______ _ 285,675.00 To Secretary of Agriculture for farm rehabilitation_ 10,000,000.00 Secured by preferred stoc-k-banks and trust companies__ _______ ____ ________ ______ ________________ 27, 47n. 800. oo - ---- - - - 26,5. 753, 900. 15 Purchases of preferred stock and debentures-Banks and trust companies_ _____________________ ______ _____ ___ ____ ____ ______ _____ ____ _ 42.365,405.00 Purchases of securities from Public Works Administration __ __ __ _____ _ 15. '.316, 116. 67 Purchase of stock of Metals Reserve Company _____ ____ ____ _________ _ .5, 000, 000. 00 Purchase of stock of Rubber Reserve Comp:lny ________ __ ________ ___ __ 2,000,000.00 Purchase of st0ck of Defense Plant Corporation . _. __ __ . ___ ___________ _ 1,000, 000.00 Withdrawal of funds by other governmental agencies: The RFC Mortgage Company ___ ____________ __ _______ ____ ______ _ 6,451,198.88 nisaster Loan Corporation _____ __ __ _____________ ____ ________ ____ __ 4, 660, 371. i3 Federal National Mortgage Association _____________ ___________ . __ 16,767,253. 25 Export-Import Bank of ,,~ashiugt.on _____ __ _____________ __ ___ ___ _ 15,450,000.00 Commodity Credit Corporation ___ __ ______ ____ ____ -- --- - --- -· __ _ 360, 3:n, 628. 21 Metals Reserve Company __ _____ ___ _______ ____ __ ___________ _____ _ 4, 478, 191. 22 Defense Plant Corporation ___ ____ ____ __ __. _____ __ ___ ____ ___ ___ . __ Jo3,502. 14 W ithdrawa 1 of cash collateral by borrowers _______________ ___ __ ___ ___ _ 24,100,000.00 Allocations: To Fecteral Housing Administrator_ . __ . __ _. ______ _ $4,640,306. 25 For expenses, regional agricultural credit corporations_ __ ____________ __ __ ____ ___ ____ __ ____ ____ ______ 273, 1300. 00 · ,P nrchase of stock of Disa5ter Loan Corporation_____ 2, 000, 000. 00 Administrative expense-Regional agricultural credit corporations_. ___ .__________ __ ______________ 700. 00 6,914.606.25 Advances for care and preservation of collateraL ___ _____ ___ __________ _ $758,760.25 Advances for care and preservation of securities purchased from Public W arks Administration _____________________________________________ 612,453.38 Expense of servicing securities purchased from Public Works Administration _________________________ __________________________________ _ 1133, 251. 04 Assets acquired through foreclosure and settlements, including expense, advances for care and preservation, and refunds ____________________ _ 507,403.39 Accrued interest on securities purchased and refunds of interest and dividend overpayments _______ ______________ ______ _________________ _ 1. 201,360.83 Release of funds held in suspense _____________ _______________ - -- _- -- -7, 455, 84E,. 04 Interest on notes _______________ __ _______ _____ _______ __ ____ ____ _______ _ 7,270,450.20 0 ther in tercst _____ __________ __ __ _____ ____ _____ __ __ ____ -- - - - - - - -- -- -- -280,840. 99 Furniture and fixtures _________ ___ __ ____ __________________ _- ___ - - - -- -78,594.87 Expense-General __ ____________________ _____________ _._ ______________ _ i, 138,048.45 Reim bu nab le expense __ ____ ______ ___ __ _______ _____________ ___ -- _- - - -1,582, 900.16 Miscellaneous (includinl?' refunds and adjustments for amounts credited in error) ___ __ ___ ___ _____ _______ _______ __ __________ ____ ____________ __ 1. 138, 999. ms Cash balance at the close of business Sept. 30, 1940 _________________ _ 850,794,526.74 114,154,018.88 NOTE .-In adrlition to funds on depo5it with the Treasurer of the United States, custodian banks and trustees held in Suspense funds which amounted to $779,827.31 at the close of businesi:; Dec. 31, 1939, and $386,863.56 at the close of business Sept. 30, 1940. REPORT OF REC0~STRrCTI0N FI:\'ANCE CORPORATION TABLE 77 16.-Statement of condition as of the close of business Sept. 30, 1940 ASSETS Cash: General account ___ ______ . ________ __________________ ____ ______ ___ __ $114,009,868.11 Expense :iccount_ _. ___ .... __ __. .. __ ___________ ________ _____ _______ _ 144,150.77 386,863.56 Held by custodian banks and trustees . __ ... _. __ . __ ... . .... . . ___ .. _ Petty and other _______ ___ ____ ______ _________________ __ ___ __ ____ ___ 24,400.00 U. S. Go,·ernment securities (par) . ____ ._ .. ______ ____ __ __________ __ ______ ___ ____ ___ ___ _ Allocations: To Federal Housing .-\.dministrator _.. . ____ .. . _____ .. . ___. ____. _.. _ $1, 000, 000. 00 6i, 000. 00 For expenses. regional agricultural credit corporations . __. . . . . _. _.. __ Loans ___ . ______ . ______ . _. ___ . ___ __ .. ___ ___________________ __ ___ ________________ _____ ___ Preferred stock, capital notes and debentures: Banks and trust companies . __ . __ __ _. . _____ .. ___ . _. __. ___. ____ _.. _ $533. 841, 465. 16 100, 000. 00 Insuranc~ company _____ .. ___ __ .. ____ . _______ . ___ . _.. ____ __ . _- . _- . _ 2. 544. 87 Installment sales contracts. ________ ________ __. ____ - ___ _. - __. ___ . __. $114,565,282.44 48,558,100.00 1,067,000.00 1, 200, 157, 68.1. 76 533, 944, 010. 03 Capital stock: The RFC 1Iortgage Company ___ ______________ __ __ ______ ___ ______ _ $25,000,000.00 Federal National Mortgage Association __ ______ ______ __ ._ ._. __ . _. . _ 11,000,000. 00 Metals Reserve Company ____ __. __ ________ ____ _____ . __ _____ _____ __ 5,000,000.00 Rubber Reserve Company __ _____ ___ ___ ______________ ___ _._. __ _. _._ 2,000,00000 Defense Plant Corporation . ______ ____ ______ ___ ____ ___ __ ___ ______ . __ 1,000,000.00 Securities purchased from Public "\Yorks Administration . ___ ___. __________ ___ ______ ___ _ Notes and accounts receivable ___. ___ ___ ___ __.. ___ __ _____ _______ __ _________ _________ __ _ Advances for care and preservation of collateral, etc __ __ . _. ___ . __ ___ __ . ______________ ___ Property acquired in foreclosures and settlements (original cost, advances for care and preservation and expense) .. __ . _____ ._ . . ____ __ _. __ $42,678, 189. 23 17, 0S9, 517. 69 Less proceeds of liquidation and income ______________ __. _____ . __ .__ 44,000,000.00 116,216,321.83 544,814.30 1, 259, 104. 88 Accrued interest and di,idends receivable _______________ ___ ___ __ __ __________ __ ______ __ Reimbursable expense. ___. __. ___ . __ ____ _______ _________ _________ ___ _______ ________ ____ Furniture and fixtures (less depreciation) _______________ _______ __ _. ______ ___ ____. . ____ Other _____ _________ ______ ____ ___ _____ _____ ______________________ ____ _________ ___ _____ __ 25, 588, 671. 54 27,293,170.42 1,216,183.54 476,185.78 2, 686, 662.85 Total __________________ ________ ____ ___________________________________ ___ ________ 2,117,573,193.37 LIABILITIES Notes (~eries N, P, R, and S). ____________ . ______________ ________ ____________ ______ ____ Liability for funds held: Cash collateral __ _. _____ . . _. . ____ _________________ _____ . __. __ . ___ .__ $12, 999. 8fi3. !i6 For other governmental agencies . _. ___________ ______ _. _____ ____. ___ 145, 902, 205. 20 1,096,557,000.00 Receipts no~ allocated pending ad ,·ices from fiscal agents ___ ___ ____ . __ ____ _____ __ __ __ ___ Other liabilities (including suspended credits) ____________ _____ __ ___________ _______ ____ _ Interest and dividend refunds payable ______________ ______ ______ ___ ____ _____ ____ _____ _ Accrued interest payable ___ . ___ __ _____ ___ _______ _________ __________________________ ____ Deferred credits ________________ __ ______ _________________ __ _______ ___ _________ ______ ____ Capital stock _______________________ _____________________ __ ____ _____ ______________ ____ _ Reserve for losses and contingencies. _____ .. __________________ ___ __________ . __ ______ ___ _ Reserve for self-insurance ___ . ___ . _. ____ ________________ _____ ___ ____ ______ _______ ___ ___ _ Surplus ________________________ ______ ___ _________________ ________ __ __ ________ __ ____ __ _. 158, 902,0fi8. 76 1, 85L 631. 39 25,694,933.47 11,932. 49 3, 861, 112. 92 26, 410, 824. 96 -500,000.000.00 125,000,000.00 2,'i0, 000. 00 179,033.689. 3~ Tota'------------------------- - ---------------------- - ------ - --------- - ------ -- -- 2,117,573. t93.37 MEMORANDUM Undisbursed authorizations and conditional agreements to make loan~. purchase preferred stock and debentures, etc . (including $927,381.46 agreed partic..:ipation by third parties) ____ ______ ___ _______ ____ ______ __________________ ______ ____ ________ _______ ____ _ Undisbursed allocations to other governmental agenciPS (including advances under 1933 Relief Act) 1 _ . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ___ ___ __ ____ _ _ _ _ Undishursed authorizations for advances for care and prPservation of collat.f·ral, etc _____ __ 1,139,966,645.22 Total. ____________ . ____ : _____ __ ____ _________ ________ __ ___. ___ ___________ _______ ____ 1,445,369,589.94 305, 066, 331. 36 336,613.36 In addition the Corporation is required: Under the provisions of sec. 3 (a) of an act approved June 16, 1934, (Public. No. 3f)2, 73d Cong.), to purchase debentures or other ohligations of the FPdNal D eposit Insurance C or poration, upon its request. up to but not exceeding $250,000,000. The Corporation has not been called upon to purchase any such obligations. lJnder the pro,·isions of sec. 4 of the Xational Housing Act, to make availabl e such funds as the F ederal Housing Administrator may cleem nec"'ssary. Under the proYisions of Pu blic, No. 5, of the 75th Con g., as anwndecl, ?-.far . .J-, 1939, to purchase nonasscssable capital stock of the Disast Pr Loan Corporation, upon it<; rcqul'st. up to hut not exceeding ~40,000,000. The Corporation hA.s purchasNl. such stock to the extent. of $24,000.000. Under the provisions of sec . 201 (e ) of the Eml'rgpncy R r-lit>f aucl Construction Act of 1932, anrl sec. 33 (b) of the Farm Credit Act of 1937. to pay all expenses incurred hy th p regional aczricultura l creflit corporations. Under the provisionc, of an act approved Feb. ~1. 193~ (Public. "'fo . 432. 75th Cont!;.) the f::;ccretary of the Treasury has canct>led the Corporatio;i 's notes iu the· amount of $2.720,0\-II ,0:-3 .f,3 on account of amounts disbursed by the Corporation as alloc.:i.tions to other go w rnmenta l ag-cncie~ and fc,r rPiief, by direction of Congress, administratin' exrense in connr etion therewith and the interest naid on funds borrowed for these purposes. All eYidences of ind ebtedness with respect to such advances have been deli vered to the Secretary of the Treasury. This statement of condition does no~ take into consideration expenditures incurred but not paid by the Corpcration at the close of business Sept. 30, 1940. 1 0