OCR Text |
Show AID INDUSTRY DY WAR LOANS Federal Finance Corporation Corpora-tion Shows $237,000,000 Out on June 30 N. WASHINGTON. July 11. Books of , the wnr finance corporation ihowod " totai of 237,l00,OOo in loans out- , " standing t the close of the fifo.il , 'v. . ear Juno 30. according to a summary l8gjji - of operations Issue.) todaj by .Miui.ig-lng .Miui.ig-lng Director Bugeno Mover. . V When the corporation resume. I op "rations In January 1922, he itated, the loans outstanding totalled $111,- 000,000, and Hnce that t i m - tho , pr- poratlon has authorized loan.s aggre-' aggre-' gating $363. 000. 000. of which $3,- fi00 000 was to assist In financing exports, ex-ports, and $310,000,000 for ngrlcul- tural and livestock purposes Of the total amount, he added, 5-84. 000,000 had been actually advanced on June 30, of which $39 000,000 was for -'port purpos-s nnd $2 16,000,000 for agricultural and livestock purposes BAN KS GET MOST. Of the loans approved, he con-tlnued, con-tlnued, 1.89,000,000 represented advance, ad-vance, authorised to banking and financial fi-nancial institutions. Including livestock live-stock loan companies. $64,000,000 to co-operntlvo marketing a.'.sorlatlon .md $9,000,000 to exporters. Of 'he sums actually advanced, he reported! $204,000,000 represented loans to hanking and financial institutions . $54,0un,ooo the livestock company ... $18,000,000 to co-operative assort a -jj tlons. and 17,000,000 to exporters. Re-payment of all loans alhce January Jan-uary 1921, he declared, amounted lo 9168,956,291 distributed as follows: 842,681,669 on loans made under the war powers, $3'.. 630. 543 on export , !nans approved prior to resumption of operations; $33,133,680 on loans ap. proved .-ubseo.uent to tho resumption of operations, and $47.6.rr..609 on agricultural ag-ricultural and livestock loans. |