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598
FEDERAL RESERVE B O A R D
WASHINGTON
March 6, 1935
B - IO 6 5 .

ADDRESS OFFICIAL. CORRESPONDENCETO
THEFEDERAL RESERVEBOARD

SUBJECT:

Classification of industrial advances
by types of business and maturities.

Dear S i r :
In order th at the F e d e ra l Reserve Board may 3oave in fo rm a tio n as to the
extent to which d if f e r e n t lin e s o f b u sin e ss and in d u str y have a p p lie d f o r
c r e d it under a u th o r ity of S e c tio n 13b o f the F e d e ra l Reserve A c t, and as to
•the m a t u r itie s o f lo a n s made under the a u th o r ity of th at S e c tio n , i t w i l l be
ap p re ciate d i f you w i l l fu r n is h the Board d ata as o f February 27, 1935> re­
g a rd in g such advances in the form c a lle d f o r by the in c lo se d sch e d u le s.

One of the schedules calls for a classification of applications (for
advances and commitments) received and applications approved, according to
type of business or industry.

Any businesses or industries which do not

fit into the classification as it stands shoxild be shown separately under
the respective general heads against the item "other (specify)".
The other schedule calls for a classification according to maturities
of industrial advances actually made, with separate totals for those payable
in installments.

Loans evidenced by. a number of notes with successive

maturities should be classified as payable in installments, the maturity of
the last note being considered the maturity of the loan as a whole.
Very truly yours

Chester Morrill
Secretary.

Inclosures.

TO GOVERNORS OF


ALL FEDERAL RESERVE BANKS

597

APPLICATIONS FOR INDUSTRIAL ADVANCES
(INCLUDING COMMITMENTS) UNDER SECTION 13b
CLASSIFIED ACCORDING TO BUSINESS AND INDUSTRIES
JUNE 19, I93 U TO FEBRUARY 27, 1935
FEDERAL RESERVE BANK OF ________________

BUSINESS OR INDUSTRY

NET APPLICATIONS RE­
CEIVED BY INDUSTRIAL
ADVISORY COMMITTEE
Amount
Number

APPLICATIONS APPROVED BY
FEDERAL RESERVE BANK
(WITH AND WITHOUT CONDITIONS)
ADVANCES
COMMITMENTS
Number Amount
Number Amount

MANUFACTURERS
Auto, Trucks, Accessories
Chemicals and Paints
Food Products
Furniture and Office Equip­
ment
Hides and Leather
Jewelry and Silverware
Liquors, Wines and Beer
Machinery
Metals
Paper Products
Textiles
Wearing Apparel, Shoes, etc.
Other (specify):
WHOLESALE AND RETAIL TRADES
Auto and Accessories
Chain and Department Stores
Food Products
Grain, Feed, Seeds, etc.
Oil
Retail Clothing
Retail Drugs
Retail Furniture
Retail Lumber and Builders '
Supplies
0 ther (specify):
MISCELLANEOUS
Contractors and Construction
Lumber and Building Supplies
Printing, Publishing and
Allied Trades
Shipbuilding and Repairing
Transportation
Other (specify):
Totals*

..........

.

....

...

♦Columns 1 and 2 should agree with item H of Form B-P2; the sum of columns 3
and 5 should agree with the sum of items 10—a and 10—b column 3
Form B—22;
and the sum of columns ^ and 6 should agree with the sum of items 10-a and
10-b column ^ of Form B-22.
(B-IO65 )




598
INDUSTRIAL ADVANCES MADE UNDER SECTION 13b
CLASSIFIED BY MATURITIES
JUNE 19, 1934 TO FEBRUARY 27, 1935
FEDERAL RESERVE BANK OF ____________

PAYABLE IN
INSTALMENTS*
Number j Amount

MATURITIES#

NOT PAYABLE IN
INSTALMENTS
Amount
Number

Three months o r le s s
Three to s i x months
S ix to twelve months
One to two y e ars
Two to three y e ars
Three to fo u r y e ars
Four to f iv e y e ars
T o t a ls * *

# In the '“Three to s i x months” c l a s s i f i c a t i o n , exclude m a t u r itie s o f three
months and in clu d e m a t u r itie s o f s i x months; and fo llo w a s im ila r p r o ­
cedure w ith re sp e ct to the other m a tu rity gro u p s.
♦ In the case o f an approved a p p lic a t io n represented by 2 or more notes o f
d if f e r e n t m a t u r it ie s , c l a s s i f y a c c o rd in g to the m a tu rity o f the note which
w i l l mature l a s t ,
**To agree w ith item 3 o f Form B-22a, column 1.




(B-IO65 )