Parowan Times | 1933-09-01 | Page 8 | Banks Make Best Record in R. F. C. Loans Repayments

banks make best record in R F C loans repayments among the loans of 0 made by the federal Covern government ment through tho the reconstruction Reconstruct lon finance corporation the highest percentage ot of repayments official reports show has hag been made by the banks indicating the return of 0 stability as the chief unsettling element of public fear has baa been lifted from them the reconstruction finance corporation has authorized cash advance fully secured by sound collateral to banks banka since it began operations in february 1332 1912 and made actual disbursements to them in the amount of 01 this amount however or over 44 per cent has lieen been repaid by the banks all other cl alases classes ases of borr borrowers oviers combined ha ba I 1 repaid about 16 per cent of their loop 1