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REPORTS ON LOANS TO BANKS Avon National Got $65,000 and Ocean Grove $188,During May. FUNDS SUBSCRIBED FOR PREFERRED STOCK ISSUES Aug. report of activities May revealed had loans New Jersey banks and trust $438,250, no which had been disbursed up to The authorized loans were follows: First National Margate Trust company, the Ocean Grove National bank, receiver, $188,000; the First National bank Somers receiver, the First National New York, receiver, $100,000. Three loans were authorized to company Jersey totaling none of which disbursed up May funds for subscriptions for preferred stock in New Jersey which disbursed May were: Asbury Park National Bank Trust company the Atco National bank, $25,the First National bank BordenWest Jersey Trust company, the Merchants Nationbank Cape May, the DuNational bank, the First National bank Dunellen, the First National bank Englishtown, the Peoples National bank Keyport, $115,000; Merchantville NaBank and Trust company, $125,the First National bank Milford, $125,000; Fidelity Union Trust comthe Peoples National Brunswick, the Second National bank Paterson, $250,000; Citizens First Bank and company Ridgewood, $400,000; the First National Bank and Trust company Summit, $150,000; Ventnor National bank, and Woodstown National Bank and Trust company,