Richfield Reaper | 1933-11-02 | Page 5 | Banks Repay R. F. C. Loans

B banks anks repay R F C loans among the loans of made by the federal government through tho the reconstruction finance corporation tho the highest percentage of repayments official reports show has been made by the banks indicating the return of stability as the chief unsettling element of public fear has been lifted from thorn them tho the reconstruction finance corporation po ration has authorized cash ad vances fully secured by sound col lateral to banks since it began operations in february 1932 and made actual disbursements to thorn them 1 in the amount of of this amount however or avei over 14 44 per cent has been repaid by the tb banks all other classes of borrowers borrower combined adre repaid about 16 por iw cent of their loana