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FEDERAL RESERVE BOARD

V

WASHINGTON
ADDRESS OFFICIAL CORRESPONDENCE TO
T H E FEDERAL RESERVE BOARD

SUBJECT:

September 1$, 193*+
B-1016.
Industrial Advances and Commitments.

Dear Sir:
There i s inclosed for your information a tabular statement
showing for each Federal Reserve bank a summary of applications
for industrial advances under Section IJb of the Federal Reserve
Act to September 12, 19 3^" •

The statement shows for each Federal

Reserve d i s t r i c t the number and amount of applications, approvals,
commitments, advances and rejections.

There i s also inclosed

a summary of rejected applications according to reasons for rejection*

The figures were compiled from reports received from

the Federal Reserve banks on Forms B-22 and B-22a.
the statement i s being furnished the Governor.
Very truly yours

Chester Morrill,
Secretary.
Inclosure
TO ALL FEDERAL RESERVE AGEFTS.



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