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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 )