Evening star., 1932-08-22
R.F.C. LOANS MADE
PUBLIC FIRST TIME
Total for Period From July Fl
to 81 Slightly Under
s5O,OOO,OOO.
Continued From First PageO


instead of making charges thcUgh the
Republican Committed"
T.imble said that Tr2adway had told
the House h. would vote for the con-
ference report on the relief bt no
because approve of all its provisions,
but l think when you are beaten the
best thing to do is to acknowledge it"
Asked About Decision.
Ten minutes before the time l had
set to announce my decision On Au-
gust Is. ! received a telephone call
from a high official in the administra-
ton asking what my decision would
be-" Trinb,e said.
Il advised him of the conclusion I
had reached after reviewing the legis-
lative history of the law. He stated
that my decision was contrary to the
wishes of the President. and was not
authorized by law.
Il told him I would announce my
decision that day, but the report was
not to be opened to inspection until
August % being one month after the
passage of the act. He said that was
fair way to handle the matter, as
It would give any interested person VINO
old not agree with my construction OF
the law an opportunity to petition the
court IOr reSUIdlIllll OIutl'
Tells Status of Notes.
Chairman Pomerene's letter said by
the close of the period sll except S2o.-
ono 600 of the $3.50. 900 900 second
series 81, per cent notes authorized by
the board of directors on June Is, 1882.
had been sold to the Secretary OF the
Treasury.
ON July %. the board of directors
authorized the issuance of third series
of notes up to an aggregate amount OF
s25n.000.0 900 maturing october q, 1882,
and bearing interest at the rate OF 3i2
per cent per annum." he said. The
notes will be purchased by the Secre-
tary of the Treasury as the funds are
required by the corporation.
During the period the corporation
allocated $1,000 900 to the Secretary Of
Agriculture in accordance with the pro-
visions Of section 2 Of the R. F. c. act
making a total of 97.50o. 900 allocated
from February to July 81. inclusive.
OF this sum s75.000,000 has been paid
over to the Secretary of Agriculture as
Of July 81.
Tables Attached to Report.
"The following tables are attached
as a part of this report:
Table /. Statement of loans author
ized from July 21 to 81, 1882. inclusive,
under section of the Reconstruction
Finance Corporation act showing the
name, amount and rate of interest in
each case.
Table 2. Amount made available
under title l, section /. of the emer-
gency relief and construction act of
1882, showing name, amount and rate
of interest.
Table 8. Reconstruction Finance
Corporation statement of cash receipts
and expenditures July 81, 1882, to July
81, 1882. inclusive. Corporations ac-
counts with treasurer of the United
States.
Table 4. Statement CT condition OF
the corporation as of the close of busi-
ness, July 81, 1882"
Statement Of Loans.
The statement Of loans authorized
during the Today period from July
81 to July 81 under section 5 Of the
Reconstruction Finance Corporation act
at a rate Of 512 per cent interest fol-
lows:
Alabama.
Boaz-The Boaz Bank. $500
Decatur Valley Bank
e25,000.
Grove Hill-Bank of Grove Hill
$4,000.
Haleyville-Traders and Farmers
Tallahassee-The Bank of Tallahas-
vernon-The Bank of Vernon
$4,000.
Mcundville-Bank of Moundville
$4,000
Tucson-The United Bank & Trust
Co, 100000.
Arkansas.
Cillette-Citizens' Bank, $4,000.
C1rdon-Clark County Bank, IS 900
Hope-First National Bank OF Hope
s25 900.
Judsonia-Bank of Judsonia. $4,000
Kensett-Bank of Kensett, $4,000.
lake Citv-Lake City Bank. $1,000.
shington-Washingto State Bank
$500.
California.
Long Beach-California First Ma
tion7l Bank CT Long Beach. 100000.
Los Angeles Wiltshire National Banf
of Los Angeles. $4,000.
Monrovia-Citizens Bank of Monro
via. s25,000.
Rialto-First National Bank. s25. 900
California National Bani
of Sacramento. s463.0OO.
Sacramento-Californ Trust an
Savings Bank. s350.00o.
San Francisco-National Trust ant
Savings Bank OF America. s3,8oo,0o0.
santa Ana-Farmers and Merchant
Savings Bank of Santa Ana. s275,ooo.
Santa Ana~First National Bank o
Santa Ana, s475.0o0
Santa Rcsa-Exchange Bank. $4,000
Victorville-First National Bank o
Victorville. (receiverl s3.500.
Willows-Bank of willows. $4,000
Colorado
Brush-Farmers State Bank Of Brush
Denver-American National Bank
S450.000.
-McClave State Bank Of
McCIave. $4,000
Meeker-First State Bank of Meeser
50 $50.
Monte Vista-WaIace State Bank
500 900.
Peyton-Farmers State Bank CT Pey
ton. Sl3,500.
Connecticut.
B~idgcport-Commcrc Bank AM
Trust Co. $4,000
Broad B-ooEs-Broad Brook Ban
and Trust Co. $1,000.
Hartford-Hart Street Bank an
Tru-t Co. $500 900.
Waterbury-Wate-bur Trust Co.,
$4,000.
D's.!;ct Of Columbia.
Prud-n ial Bank. $1,000.
Conn ercsel N0ticnal Bank $500 600.
The Franklin Natl nal Bank, $4,000
Florida.
Crescent City-Peoples Bank of Cres
cen Cit, S11,C01.
Ta~pon Sprincs-First National Ban
OF Commerce of Ia pOn Springs, SIS, ,00(
Georgia.
Lakeland-Farmers and Merchant
Bank. $4,000.
Mad:son-First National Rank G