Federal Farm Mortgage Corporation: Hearing Before the Committee on Agriculture, House of Representatives, Seventy-third Congress, Second Session on H.R. 6670, January 10, 1934 |
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Page 4
The total number of loans closed during that period was 79,254 , amounting to $ 210,565,454 . The progress by months is shown by a graph . I have only a few copies available but I will pass them out as far as they go .
The total number of loans closed during that period was 79,254 , amounting to $ 210,565,454 . The progress by months is shown by a graph . I have only a few copies available but I will pass them out as far as they go .
Page 5
When the act was passed , from 3 to 4 million dollars a month in loans were being closed ; but from August to December , inclusive , the amounts closed approximately doubled each month . For August the amount was more than $ 7,000,000 ...
When the act was passed , from 3 to 4 million dollars a month in loans were being closed ; but from August to December , inclusive , the amounts closed approximately doubled each month . For August the amount was more than $ 7,000,000 ...
Page 8
How does the amount of loans actually closed since last May compare with the loans made by the land banks during the previous year ? Governor Myers . The second page of the figures which you have , Mr. Chairman , shows the loans closed ...
How does the amount of loans actually closed since last May compare with the loans made by the land banks during the previous year ? Governor Myers . The second page of the figures which you have , Mr. Chairman , shows the loans closed ...
Page 18
There is no great difference in the number of applications which have been closed . The Wichita bank , up to November , had closed or approved 52 percent of all applications received , which was slightly above the average of 50.5 ...
There is no great difference in the number of applications which have been closed . The Wichita bank , up to November , had closed or approved 52 percent of all applications received , which was slightly above the average of 50.5 ...
Page 23
Governor MYERS . Yes ; we can get that information . Of course , the loans that have been closed have been those which are more easily dealt with . In some of those closed later on FEDERAL FARM MORTGAGE CORPORATION 23.
Governor MYERS . Yes ; we can get that information . Of course , the loans that have been closed have been those which are more easily dealt with . In some of those closed later on FEDERAL FARM MORTGAGE CORPORATION 23.
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Common terms and phrases
able actually additional agricultural amended amount application approved approximately authorized believe bill BOILEAU bonds borrowers capital carry cash CHAIRMAN changed closed Commissioner's loans committee course Credit Act creditor deal debt desire determine difference difficulty directors District Emergency exchange extent Farm Credit Administration farm loan Farm Mortgage Act Farm Mortgage Corporation farmer Federal Farm Mortgage Federal land bank figures Finance FULMER funds further giving GLOVER Goss Government Governor MYERS guaranteed handle held HOPE Hovey income indebtedness interest issued January joint-stock land banks KLEBERG Land Bank Commissioner limitations Loan Act meet months necessary needs normal obtained officers operations paid passed percent period position possible present principal production provisions purchase question receive reduced reference refinancing scaling Secretary sell situation thereof thing tion Treasury understand United Wichita