Parowan Times | 1934-08-31 | Page 8 | Banks Repaying Loans from R. F. C

banks repaying loans from R F C although banks and trust companies have been the largest borrowers from the reconstruction finance corporation they have hare exceeded bli all other classes of bori borrowers bo in the rapidity of 0 their repayments since the inception of the R F r f in february 1932 loans have been authorized by it to buso bank ilig institution in the of of this surn sum was wag not dot taken by the borrowers the actual advances being tZe repayments payments against these advances through april 30 1031 1931 aggregated aggie gated or about GO CO pe cent the ratio of oc repayments tor for all classes of b borrowers orro ners has been only about 37 per c out cent these rapid repayments by the banks are taken by competent observers as a strong indication of returning normal financial and banking condl conditions