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541
FEDERAL RESERVE BOARD
WASHINGTON
ADDRESS OFFICIAL CORRESPONDENCE T O
THE FEDERAL RESERVE BOARD

October 3» 193*+
B- 1022

Dear S i r :

In accordance with a recommendation made by the representatives
of the Industrial Advisory Committees at their conference in Washington on Thursday, September 27, there i s inclosed a summary
statement showing the number and amount of applications received
for industrial advances under Section l3"b of the Federal Reserve
Act and the number and amount of such applications approved, rejected and s t i l l under consideration.
Your name has been p l a c e d on our m a i l i n g l i s t to r e c e i v e
c o p i e s of t h i s s t a t e m e n t r e g u l a r l y each week as i s s u e d .
Very t r u l y y o u r s ,

•y^y\JZ
E. L. Smeaa, C h i e f ,
D i v i s i o n of Bank O p e r a t i o n s .

Inclosure

TO EACH MEMBER OF EACH INDUSTRIAL ADVISORY COMMITTEE