OCR Text |
Show LOi FIGURES M. GIVEN TO PUBLIC MANAGING DIRECTOR MYERS IS SUES REPORT COVERING LOANS Books of Corporation Show Total Ad vances to June 30, of $237,000,000 Outstanding For All Purposes Washington. Books of tlie war finance fi-nance corporation showed a total of $'37,000,000 in loans outstanding at the close of the fiscal year June SO, according to a summary of operations issued Tuesday by Managing Director Eugene Meyer. When the corporation resumed operations op-erations In January, 1021, he stated the loans outstanding totaled ?111,-000.000, ?111,-000.000, and since that time the corporation cor-poration has authorized loa:.s aggregating aggre-gating $303,000,000, of which $53,000,-000 $53,000,-000 was to assist in financing exports and J?310,000,000' for agricultural and livestock purposes. Of the total a-mount, a-mount, he added, $2S4 ,000,000 had been actually advanced on June 30, of which $30,000,000 was for export purposes pur-poses and ?21G,000,000 for agricultural agricultur-al and livestock purposes. Of the loans approved, he continued, $289,000,000 represented advances authorized to hanking and financial institutions, including livestock loan companies; $01,000,000 to cooperative marketing associations and $0,000,000 'o exporters. Of the sums netunllv advanced, he reported, $204,000,000 represented loans to banking and financial fi-nancial institutions, 5"i4,00O,0O0 to livestock companies, $1S,000,000 to cooperation co-operation associations and $7,000,003 to exporters. Repayment of all loans since January, Jan-uary, 1921, he declared, amounted to $loS,95G,291, distributed as follows: ' The sum of $42,531 ,(5'59 on Joans made under the war powers; $3fi,G3o,-543 $3fi,G3o,-543 on export loans approved prior to resumption of operations; $33,133,-K0 $33,133,-K0 on loans approved subsequent to the resumption of operations, and $47,055,009 on agricultural and livestock live-stock loans. |