Show BANK CREDIT RELIEF SEEN T THROUGH H ROUGH US U.S. n B By United Press WASHINGTON Sept 8 Improve 8 8 Improvement ment in m financial and business conditions conditions condi condi- nio along g a wide front has eased cased bank credit throughout the country directors of the Reconstruction Finance Finance Finance Fi Fi- Fi- Fi nance corporation said today Officials expressed the belief that should this condition continue the nation nation na na- na tion will vill make a steady climb back from rom depression depths of the past three years The shrinkage of credit especially bank credit frequently has been named by Secretary of or the Treasury Treasury Treas Treas- ury Mills l the thc federal reserve reser board and leading economists as one of the greatest causes for business sta stagnation na tion Uon and increased unemployment Gardner Cowles director of ot the RF R R. F. F F C C. said today that credit conditions have improved to such suh an extent that the corporation may map not be called upon to loan lonn all of the provided for self liquidating self project loans We probably will lend only about two two thirds thirds of the total amount r unless a number of unexpected loans are applied for he saidA saidA saidA said A number of applications for sel self self- liquidating loans have been withdrawn withdrawn with with- drawn and are being financed locally due to strengthened credit condi condi- lions Improved credit conditions were re re- re fleeted by member banks of the federal federal federal fed fed- eral reserve system last week in m reports reports re reo re- re ports porle to the reserve board Loans on on n investments increased during the week Recent reductions in bank failures and a sharp decrease in requests to the R. R F F. C. C for bank loans will result In further further further fur fur- ther expansion of bank credit officials officials believe Strengthened bond and commodity prices and an improved stock market are also expected to expand credit |