Evening star., 1936-08-01
ARLINGTON LEADS
|NH. OIL. c. LOANS
Tops Alexandria District
With $1,804,438 of Total
of $3,968,O19.
ersciaI pisnatch 10 The Star.

EIeclal DlSpdtCQ 70 ! nc oldE.
FAIRFAX, Va, August Loans
totaling S3.968,01961 were closed by
the Home Owners Loan Corp. in the
Alexandria district of Virginia during
the period from July 10, 1888, to June
IL. 1886, according to a statement by
John j. Wicker, jr., State manager
OF the Federal agency.
OF the two cities and ten counties
comprising the Alexandria district.
Arlington County took the lead both in
the number of loans closed and the
amount Of loans. The report shows
4s7 loans were closed in Arlington
for a total of $1,804, ,438.73.
Alexandria City ranked second with
800 loans aggregating S1,22l, ,499.24
and Fairfax County third with 149
loans in the amount of $55l ,432, Al.
No loans were made in King County,
the only one in the State, the report
showed.
The report likewise disclosed that
q total of S127,331,27 in taxes was
paid in the Alexandria district on
the basis of home loans. and repairs
made in the amount of $67,204.14.
Other Totals Are Revealed.
For the other city and counties in
the Alexandria district, loans were
made as follows:
Fredericksburg-7 loans, S23,885.26;
Culpeper County-43 loans, $110, ,520.70;
Fauuuier County-2l loans, SIS, ,741.61; !;
Loudoun County-30 loans, $88, ,OO9.2O;
Madison County, loans, SlO,523.82'
Orange County-6 loans, Sl3,SO5.lo;
Prince William County-19 loans,
$31,7Ol.sS; Rappahannock County
3 loans, S7,226.39; Spottsylvanla County
3 loans, $8,572.71, and Stafford
County-ll loans. $40, ,562.44.
OF all the cities in the State the
greatest number of loans was made
in Norfolk, lib Richmond, with
fewer loans, received the greatest
amount of money, however, its figure
being S7,577, ,339.85. There were 1888
loans closed in the latter city, ana
loans in the former city were IN the
aggregate of S5,067 ,82823.
The summaries for the various dis
tricts throughout the State were given
as follows:
Richmond districts, 381 loans, S12,-
145.309.86; taxes paid, s4l9,s535O;
amount paid for repairs, S285,4s2.oo
Danville district-713 loans, Sl,03s,-
828.33; taxes paid, S53,154.72; amount
paid for repairs, S61093.91. Har-
risonburg district, 525 loans, S1,514,-
1886; taxes paid, s16,47l.27; amount
paid for repairs, S30,39782. AleXan-
dria district-1,113 loans, $685.
O1e.61; taxes paid, s127,33127; amount
paid for repairs, S67,204.14. Norfolk
district-2,681 loans. s7,2S1 ,4So "a;
taxes paid, s555,6l5.l5; amount PAID
for repairs, S390,l44.06.
1859 in Roanoke District.
Roanoke district-1,659 loans, S.
445.8e149; taxes paid, s229,196.26;
amount paid for repairs, Sl4O,436.o7
Bristol district-735 loans, $780,
1886: taxes paid, S83 3680.23; amount
paid for repairs. s54,386.56. Lynch'
h1rg district, ,265 loans. s3,699-
3o1 20; taxes paid, s131,757,75; amount
paid for repairs, S38,36l.68.
For Virginia as a whole, 1--WE
loans were closed totaling $685.
41444. Taxes were paid in the amount
of s1.617159.15 and repairs were made
in the aggregate of s1,117,5l7.6o.
The State manager pointed out lr
his report that when the Home Owners
Loan Corp. came into existence thou
sands of Virginia homes were in imi-
nent danger of foreclosure because OF
the economic depression and resultant
demand that mortgages be paid on IN
full or heavily curtailed at once.